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Katrina Group sees strong debut on Catalist

Published Tue, Jul 26, 2016 · 09:50 PM
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Singapore

CATALIST-LISTED food and beverage (F&B) firm Katrina Group had a strong trading debut on Tuesday.

The group said on Monday that it had completed placement of its 35.8 million new shares to raise gross proceeds of S$7.5 million.

The counter commenced trading on Tuesday at S$0.36, with its shares surging 93 per cent from its initial public offering (IPO) price of S$0.21 to an intra-day high of S$0.405 at 10.24am. It then c…

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