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Lubricant maker United Global launches IPO on Catalist

Net proceeds - some S$9.2m - will be used for business expansion and general working capital

"Our objective is to build a platform through this IPO to enhance our public image so we can grow and expand our business," says Mr Tan, chief executive of United Global.


A HOMEGROWN lubricant manufacturer has launched its initial public offering (IPO) on the Catalist board of the local bourse on Tuesday.

United Global, which supplies to the industrial oils and lubricants sector and counts United Oil as a wholly owned subsidiary, offered