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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...
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ARA US Hospitality Trust - Balloting Results

ARA US Hospitality Trust announced that is IPO tranche is "fully subscribed" at 1.1x and UOB is over-alloted 22.727m units for "market stabilisation".

The balloting table for the public offer is below and all valid applicants applied received some allocation.



Mr Lee Jin Yong (李镇镕), Chief Executive Officer of the Managers, said, "The support we've received from both institutional and retail investors really encourages
us. We now forge ahead, embarking on a new chapter for the Trust. We will diligently focus on organic growth opportunities through active asset management and
thoughtfully expand the portfolio through accretive investments, always keeping a clear focus on providing stable cash flows and enhancing value for our securityholders."

Mr John Lim (林惠璋), Group Chief Executive Officer of ARA, said, "The successful IPO of ARA US Hospitality Trust is a reflection of the market confidence in a ARAsponsored Trust that is underpinned by a quality portfolio and an experienced management team. Given the ARA Group's strong track record in managing REITs and the Trust's unique investment proposition as the first pure-play U.S. upscale select-service hospitality trust listed on the SGX-ST, we are very excited about its future potential."

I am not sure if 1.1x is exactly a strong endorsement but the the weak sentiments caused by the renewed US-China trade wars and the USD exposure probably makes it 'less appealing' for investors.

As mentioned, i didn't apply for this IPO as i have adequate exposed to USD denominated bonds.

Good luck to those who applied! 

Happy Hyatting! 

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