THE Singapore-based affiliate of American investment bank Healthios Capital Markets LLC is partnering the local bourse to build a pre-IPO (initial public offering) and an IPO market for emerging growth companies. The move will help create a pipeline of companies that could eventually be listed on the Singapore Exchange (SGX).
Emerging Growth companies need an IPO option. US IPOs under US$500MM market cap are less attractive than they have been. To address this capital market gap, Third500 is building an Emerging Growth IPO market based on SGX which constructs the necessary institutional investor participation, research, and liquidity for a successful offering for investors and issuers.