SGX, Third500 to build IPO market in Singapore for emerging growth companies

SINGAPORE - Third500, the Singapore-based affiliate of US investment bank, Healthios Capital Markets LLC, on Monday (Aug 27) said it is partnering the Singapore bourse to build a pre-IPO (initial public offering) and IPO market for venture-backed emerging growth companies. In particular, Third500 focuses on companies that have each attracted on average US$60 million (S$81.9 million) in private investments,