Saturday, July 5th, 2025

Category: stock of the day

stock pick of the day

📣 Trump’s Trillion-Dollar Gamble: Senate Passes Contentious Tax Bill; Corporate Reactions Roll In Globally

US:TSLA:TeslaUS:MSFT:MicrosoftUS:META:Meta Platforms President Donald Trump’s US$3.3 trillion tax-and-spending bill — dubbed the “One Big Beautiful Bill” — narrowly passed the Senate with a 51-50 vote, as Vice President JD Vance broke the tie. The...

Olam Defends Share Value, Eyes Strategic Moves Amid IPO Delay and Divestment Plans

Olam Group believes its current share price does not reflect its true or intrinsic value, according to the company’s responses to shareholder questions ahead of its extraordinary general meeting (EGM) on July 4. These...

CoastalSouth Bancshares Targets US$281M NYSE IPO, Riding 24% Loan Growth and Strong Regional Momentum

1. IPO Details Purpose of IPOCoastalSouth plans to raise 2.6 million shares priced between US$21.50 and US$23.50, aiming to net US$56–61 million after underwriter fees. Proceeds will be used for working capital, organic growth, branch expansion,...

Private Market Boom Builds IPO Pipeline as Late-Stage Startups Attract Billions

A new wave of blockbuster initial public offerings (IPOs) could be on the horizon as an expanding pool of late-stage growth companies remain private longer, amassing value through secondary share sales and rising institutional...

CapsoVision Aims to Swallow GI Imaging Market – $28M Nasdaq Debut Eyes AI-Powered Diagnostic Future

IPO Details Purpose of IPO:CapsoVision plans to raise approximately USD 27.6–30 million by issuing 5.25–5.3 million shares at a price range of USD 5.00–5.50. The net proceeds (~USD 22.8 million) will be used for:...

China Medical System Targets Secondary Listing on SGX to Expand Southeast Asia Reach

Hong Kong-listed pharmaceutical group China Medical System (CMS) has filed for a secondary listing on the Singapore Exchange (SGX) mainboard, with trading expected to commence in July 2025. The move is part of CMS’s...

Info-Tech Systems Launches SGX IPO at S$0.87 a Share, First Mainboard Tech Listing in Two Years

Singapore-headquartered Info-Tech Systems has officially launched its initial public offering (IPO), pricing 24.86 million shares at S$0.87 apiece, ahead of its anticipated debut on the Singapore Exchange (SGX) mainboard on July 4. The SaaS-focused...

S-Reits Hold Steady in H1 2025 as Dividends Lift Returns Amid Easing Rates

Singapore’s Real Estate Investment Trust (S-Reit) sector delivered stable returns in the first half of 2025, supported by resilient fundamentals and attractive valuations, even as investor flows diverged between retail and institutional segments. The...

Anjoy Foods Raises HK$2.6B in Dual-Listed IPO, Retail Demand Hits 92×, Targets 75–85 HK$ Listing Range

IPO Details Purpose of IPOAnjoy Foods plans to raise HKD 2.64 billion by offering approximately 40 million H-shares at HKD 66 each. Use of proceeds: 35% for expanding sales and distribution networks, 35% for...

Cloudbreak‑B Raises HKD 612M in Ophthalmic Biotech IPO—Cornerstone Backing, R&D Boost Targeted for Visual Therapy Pipeline

IPO Details Purpose of IPOCloudbreak‑B is seeking to raise approximately HKD 612 million by issuing 60.582 million shares at HKD 10.10. Net proceeds (~HKD 522 million) will be allocated to: R&D and clinical development, Expansion of manufacturing...