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Trans-cab launches IPO at S$0.68 a share

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Published Wed, Nov 12, 2014 · 09:50 PM
    Trans-cab IPO

    Singapore

    THE phone of Trans-cab Holdings deputy chief executive Jean Teo rang near the end of a media lunch on Wednesday just hours before the taxi operator priced its S$114.2 million initial public offering at the high end of indications.

    Her ringtone? None other than Money, money, money, the 1976 pop hit by Swedish quartet Abba.

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