Is the 1989 club hit for Soul 2 Soul taken from their debut album Club Classics Volume One.
Looks like the IPO market, which hit a 16 year low last year, is poised to grow by as much as 600 per cent or six times this year, from 2016.
Hence, its Back To Life for IPO's, with Bloomberg reporting the details. Read below :
Fundraising from Malaysian initial public offerings is poised to rebound from the lowest in 16 years, led by a planned relisting of the local KFC operator, as receding uncertainty and commodity price gains help rekindle demand for riskier assets.
First-time share sales in Malaysia, Southeast Asia’s top destination for new listings less than five years ago, fell to $305 million in 2016, according to data compiled by Bloomberg. The figure was the lowest level since 2000 and trailed other regional exchanges including Singapore, which hosted $1.7 billion of IPOs, and Thailand, where $1.5 billion was raised, the data show.
While a volatile ringgit and slower economic growth hurt IPO volumes last year, fundraising could jump to at least $2 billion in 2017, according to CIMB Group Holdings Bhd., Malaysia’s top IPO arranger. QSR Brands (M) Holdings Sdn., the fast-food franchisee backed by CVC Capital Partners, is preparing a $500 million share sale, people with knowledge of the matter said earlier. Property developer Eco World International Bhd. said in October it plans to seek more than 2 billion ringgit ($446 million) in an IPO.
