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Jumbo's Catalist debut shows a winning recipe

Stock jumps to 58% gain before ending trading at S$0.34, 36% above the offer price

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WORTH WATCHING: Jumbo was the most actively traded counter on the local bourse on Monday, with 77.8 million shares changing hands.

Singapore

NO sideways move here: Jumbo Group's Catalist float got off to a spicy start on Monday, as the stock sailed to the top of the local actives table and ended the day 36 per cent above its initial public offering (IPO) price of S$0.25.

The owner of popular crab restaurant

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