Credit Bureau Asia files for SGX IPO

SINGAPORE (THE BUSINESS TIMES) – Credit Bureau Asia (CBA), a credit and risk information solutions provider, has lodged a preliminary prospectus for a mainboard listing on the Singapore Exchange (SGX). For the financial year ended Dec 31, 2019, CBA posted a net profit of $7 million, up 27.3 per cent from $5.5 million a year ago. Earnings per share stood at 3.49 cents, versus earnings per share of 2.71 cents in the preceding year. Revenue rose 8.6 per cent to $40.6 million in FY2019, while earnings before interest, taxes, depreciation, and amortisation (Ebitda) gained 41.2 per cent to $23.3 million….