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Wong Fong Industries launches IPO on Catalist board

Placement of 43m shares at S$0.23 each to expand facilities, for acquisitions

Mr Lew is hopeful that an acquisition will take place "in the next few months".


AS part of efforts to expand and diversify its business, Wong Fong Industries has launched its initial public offering (IPO) on the Catalist board.

Registering its prospectus on Tuesday, the homegrown land transportation engineering systems provider announced its offer of