Singapore's IPO market is finally showing some signs of revival, after a series of pulled and downsized transactions in the past few months. But the positive outlook was not helped when taxi company trans-cab holdings pulled its float at the last minute. Trans-cab last week became the second company in three months to cancel a local listing, putting the brakes on its S$128m (US$99m) IPO after new information emerged on its outstanding insurance premium.
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