Majority Recently Listed IPOs Not Performing

Majority of all recently listed IPOs closed closed below their debut prices. Many companies have shelved plans to get their companies listed in view of current market sentiments.

Below is a list of 30 recent IPOs listed on the Singapore Exchange in reverse chronological order. All except 3 are trading above waters at least at this point in time and they are China FirbreTech Ltd, Old Chang Kee Ltd and Wee Hur Holdings Ltd.

Company      Current$ IPO$   %Chg
Qualitas       -      0.250    - (Pending Listing)
Hai Leck     0.225    0.260  -13.46
Qian Feng    0.145    0.200  -27.50
Tritech      0.150    0.200  -25.00
Artivision   0.120    0.200  -40.00
ZhguoPengjie 0.155    0.230  -32.61
KencanaAgri  0.235    0.305  -22.95
Heng Long    0.285    0.340  -16.18
Healthway    0.120    0.360  -66.67
ChinaFibreT  0.270    0.210  28.57
Mencast      0.230    0.280  -17.86
CombineWill  0.135    0.230  -41.30
SinoConst    0.190    0.390  -51.28
Indiabulls   0.580    1.000  -42.00
ChinaTaisan  0.185    0.240  -22.92
HISAKA       0.200    0.230  -13.04
ChinaZaino   0.415    0.600  -30.83
ChinaEratat  0.175    0.300  -41.67
Joyas        0.230    0.290  -20.69
Li Heng      0.535    0.800  -33.12
Roxy-Pacific 0.220    0.300  -26.67
Samko        0.350    0.550  -36.36
Yongmao      0.325    0.350  -7.14
CentraLand   0.495    0.500  -1.00
Wee Hur      0.255    0.250  2.00
Afor         0.205    0.330  -37.88
OldChangK    0.210    0.200  5.00
UtdOAus      0.150    0.380  -60.53
JES          0.225    0.670  -66.42
KTL Global   0.265    0.280  -5.36