Hong Kong-listed Comba Telecom closes SGX debut at S$0.255, roughly on par with HK shares
TELECOMS solutions provider Comba Telecom joined the list of secondary issuers on the mainboard of the Singapore Exchange (SGX) on Wednesday (Jan 4), with its first trade taking place at 11.52 am at S$0.41. It closed at S$0.255 after 202,200 shares changed hands.
The company’s Hong Kong counter, which is included in the Hang Seng Composite Small Cap Index, had opened flat at HK$1.38 on Wednesday. It closed at HK$1.41, up 2.2 per cent or HK$0.03, after 5.6 million shares were traded.
The company has not engaged in any equity fundraising activities in Singapore as part of the secondary listing.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
CEO of fallen Eagle Hospitality Trust looking to contest four criminal charges
Crypto boom, erratic rain spark outages in Laos, Asia’s clean power export hub
Bank of Japan in no rush to sell risky asset holdings
Gold prices set for second weekly gain on Fed rate outlook
China’s first special bond sale likely to see solid demand
HSBC brings out tax tools for UK businesses ahead of new rules