Companies to get more help for IPOs even as some have concerns about volatile market

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Newly accredited issue manager Jefferies S'pore Limited can advise firms seeking to list on the SGX mainboard.

To some extent, we also want to assess what other countries are going to do (in this industry),” said Mr Eric Cheng, chief executive officer and co-founder of Carsome, which was started in 2015 and has been profitable since December 2023.“We don’t have the urgency, so we will try to be more optimal towards finding the right window and right opportunity,” he said.

Acknowledging that listing publicly will strengthen the company’s brand equity, he also said: “There’s also a lot of public liquidity we can unlock.“It’s not just investors that we met at this event, but also (learning about) different instruments we can make use of, such as securitising our loan books and so on.

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Article Details

Author / Journalist: Rosalind Ang

Category: EconomyBusiness

Markets: Singapore

Topics: Platform Investors Shopback Growth Listing Public Market Want Companies Event Singapore

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 20:20:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 854 words

Reading Time: 5 minutes read

Sentences: 24 lines

Sentence Length: 36 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 28746901

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