Monday, September 1st, 2025

Category: stock of the day

stock pick of the day

Lum Chang Creations IPO Set to Revitalise Investor Portfolios with 61% Profit Surge and Urban Growth Play

Lum Chang Creations is raising S$12.3 million by issuing 49 million shares at S$0.25 each. Of this, S$8.75 million will come from new shares, while the rest consists of vendor shares. The funds will...

From Doubt to Dominance: How Sats Turned a Controversial Acquisition into a Cargo Powerhouse

From Doubt to Dominance: How Sats Turned a Controversial Acquisition into a Cargo Powerhouse From Doubt to Dominance: How Sats Turned a Controversial Acquisition into a Cargo Powerhouse In late 2022, Singapore-listed Sats Ltd,...

Why It’s Time for Financial Authorities to Reconsider Their Gold Hoards

Why It’s Time for Financial Authorities to Reconsider Their Gold Hoards Gold prices have surged by about 25% this year, with the metal now overtaking the euro as the second-largest reserve asset, according to...

NTT DC REIT: Ride the Global Data Centre Boom with Yield‑Rich US$1 B SGX Debut Backed by NTT & GIC

NTT DC REIT IPO Overview NTT DC REIT IPO Details Purpose of IPO NTT is spinning off six data centres (valued at approximately USD 1.57 billion) into a REIT to raise up to USD...

📣 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...