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Weiye's spinoff Eindec launches Catalist IPO
Published Wed, Jan 6, 2016 · 09:50 PM
Singapore
REGIONAL clean air solutions company Eindec Corporation has launched its initial public offering (IPO) for a Catalist listing.
Eindec, a spin-off from Weiye Holdings, said that it is placing out 35.8 million new shares at S$0.21 each to raise gross proceeds of S$7.5 million. Weiye will retain an interest of 66.8 per cent after the placement.
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