Catcha.com Plans Singapore IPO

Catcha.com, a 10-month-old Singapore-based internet portal operator, plans to list its shares in an IPO on the Singapore Stock Exchange.
Catcha.com, a Singapore-based internet search engine and portal operator, plans to list an undisclosed number of shares in an initial public offering on the Singapore Stock Exchange to raise money for advertising, content and the development of online shopping malls.

In a preliminary offering document dated May 12, the company said it provides local internet content and e-commerce opportunities through websites in Singapore, Malaysia, Indonesia, Thailand and the Philippines. It also provides data, including stock quotes, news and movie listings through WAP portals in Singapore and Malaysia. WAP, or wireless application protocol, allows users to access the web through wireless devices such as mobile phones.

The company, which was formed in July...

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