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The Assembly Place IPO

   The Assembly Place Holdings Ltd. IPO Overview Company:   The Assembly Place Holdings Ltd. Listing venue:  Singapore Exchange (SGX) —  Catalist  board Offer type:  IPO (Public Offer + Placement + Cornerstone) Sponsor / Issue Manager:  SAC Capital Private Limited The Company is offering 50.3m shares of which 48.3 will be via placement and the balance 2m shares via public offering.  The IPO will close on 21 Jan 2026 noon and start trading on 23 Jan 2026 at 9am.   Business Description The Assembly Place (TAP) is  Singapore’s largest  community living operator * by number of keys under management, operating under an  asset-light  model that leases and manages accommodation properties rather than owning them outright. As at 17 Dec 2025, TAP managed  ~3,422 keys across ~100 property assets  in Singapore, spanning multiple living sectors. TAP’s portfolio includes: Residential co-living  spaces (for singles a...

Happy 8th Anniversary!



It seemed just a short while ago when i penned this post 12 months ago!

Time really files and i am sad to report that this must be the worst ever IPO drought I have ever experienced other than during GFC... we only had 3 small Catalist listings for the first 6 months this year (versus 10 for the same period last year). 

I spoke to a few bankers doing ECM here this week and they are all looking for new jobs or roles. Mr. Loh Boon Chye, the newly appointed CEO of SGX, has a huge task in front of him to lure listings back to Singapore. Hope the new team can bring forth new ideas to revitalize the market here. I do have a few "suggestions" for him:
  1. Bring back the lunch hour - let the brokers and dealers have a decent lunch so that they can trade better in the afternoon
  2. Increase the brokerage commission - help improve the livelihood of dealers and remisiers and they will take care of you
  3. Increase the bid-ask spread - the market needs volatility to thrive and traders will love you
  4. Get brokerage or insurance firm to bear the credit default risk and not passed those risk to the remisiers who make negligible commission!

Image result for drought

Despite the drought, there is a silver lining!

The only thing positive is my fans (yes you!) grew from 2,706 this time last year to 3,685 today. This is a growth of 36%... ^_^



A big Thank You to all of you and hope the IPO market revives soon!

Comments

Anonymous said…
Thanks for your great info on ipos. I don't like point 2 as it means higher trading cost for average investors like me. :)
tealeaves said…
Happy 8th Yr Celebs! Weet! U are one of the sites that continue to make a big differences, for the good. I support Points 1 and 4 too. : P May there continue to be many more good yrs with SIPOs :)
Mr. IPO said…
Thanks for dropping by Frugal Daddy and tea leaves !
Malcolm Loh said…
what is your take on ix biopharma
Anonymous said…
Happy 8th anniversary and all your impressive write ups.

I beg to differ relating to the lunch hour issue.

I believe HK has the same system and this could be the reason why Hang Seng is so vibrant and healthy in terms of volume.

Initially, I was also against the no lunch trading for securities houses.
But now I think it helps those who work to have a chance to trade during their lunch break. Many employees have very strict lunch hours and lunch time trading is their only chance to look at the market.

Logical deduction tells us that the additional one and a half hours of trading will concomitantly boost trading volume.
Mr. IPO said…
Haha sure. But don't think the impact of people trading during lunch hours are significant. :)