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Trans-Cab pulls brakes on IPO on eve of offer closing

$1.8m insurance premium issue surfaces after IPO launch

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Trans-Cab Holdings' initial public offering (IPO) plans have skidded to a halt, with the company having received new information pertaining to its insurance premium.

Singapore

TRANS-CAB Holdings' initial public offering (IPO) plans have skidded to a halt, with the company having received new information pertaining to its insurance premium.

In a statement on Monday night, the company said it was previously unaware of an additional insurance

sentifi.com

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