Out of 23 initial public offerings (IPOs) in Singapore last year, only 9 or just about 39 percent offered shares to the retail investors."Underwriters will employ this strategy in order to ensure success (of the IPO)," Ding said, adding that when the IPO aspirant does a private placement, there is more time to plan for it and to gauge the demand, and there's more certainty for the companies. Full Story
