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[Update] Hot stocks: ISEC Healthcare and Serrano
CATALIST-LISTED ISEC Healthcare ended its stock trading debut on Tuesday at S$0.37, up 32 per cent from its initial public offering (IPO) price of S$0.28.
Shares of the medical eye care-service provider with surgical centres in Malaysia and Singapore opened at S$0.35 and traded between S$0.35 and S$0.405 as at 5pm, with more than 21 million shares changing hands.
ISEC Healthcare had previously said that its 70 million placement shares were validly subscribed for and/or purchased and application monies received for these amounted to about S$19.6 million.
Separately, shares of Serrano, a provider of interior fit-out solutions for property developments and refurbishment projects ended its debut trade at S$0.235, up about 2 per cent from its IPO price of S$0.23.
Serrano shares opened at S$0.240 and traded between S$0.225 and S$0.245, with more than six million shares changing hands.
Serrano had said that all of the 28.5 million placement shares available for subscription and/or purchase were validly subscribed for and/or purchased with application monies received amounting to approximately S$6.6 million.