3 Things You Need To Know About Singapore’s IPO Market This Week

Welcome to Sunday morning! Here are three things about Singapore’s latest initial public offerings (IPOs) and investing in general that you might want to look at today and over the next week.

Singapore’s IPO market has been weak this year. This might be due to fears over the Eurozone Crisis, the slowdown in economic growth in China, or any myriad number of possible reasons. But, that hasn’t stopped a number of companies from wanting to list their shares this month.

1. One such company is iX Biopharma Ltd (SGX: 42C), a company that currently has three drugs undergoing clinical trials. iX Biopharma, whose shares started trading on the Catalist board on Wednesday, had raised capital through the IPO to fund further development and trials for its three drugs.

The Australia-based company can be considered as a still-young pharmaceutical outfit. While iX Biopharma might be very profitable in the future if its drugs can pass their clinical trials, gain regulatory approval, and become a commercial success, there are still huge risks lurking for investors before the company actually reaches that stage. You can read more about the company in here. iX Biopharma’s share price is currently at S$0.50, some 8.7% higher than its listing price.

2. One day after iX Biopharma’s shares started trading on the public stock exchange for the first time, NauticAWT Limited (SGX: 42D), an oil and gas services provider, made its own trading debut. The company’s shares currently trade at S$0.265 apiece, some 32.5% higher than their listing price of S$0.20. You can learn more about what the company does in here.

3. Choo Chiang Holdings Ltd is another firm that will be following in the footsteps of iX Biopharma and NauticAWT soon with its shares poised to start trading tomorrow. The company has 20 years of history in the business of distributing and retailing electrical products from third party as well as its own proprietary brands. The company also has a strong property investment segment. Learn more about Choo Chiang’s IPO here before it starts trading.

If you'd like to discuss more about investing in person, you can even come meet David Kuo and the rest of the Fool Singapore team on August 15! Please join us at Invest FAIR Singapore on 15 August. (Suntec Centre, Booth B-16). Come chat with us at our booth, and see our MAS-licensed Director, David Kuo, give his official SGX investor presentation.

You won't want to miss this! Add Invest FAIR Singapore to your calendar today.

In meantime, if you'd like more investing analyses, insights, and important updates about Singapore's stock market, you can sign up for The Motley Fool Singapore's free weekly investing newsletter, Take Stock Singapore. To follow our latest hot articles, you can like us on Facebook.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Stanley Lim does not own any companies mentioned above.