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Advancer Global soars in debut trading on Catalist board
Strong demand bodes well for broader IPO market, bookrunner says
Published Mon, Jul 11, 2016 · 09:50 PM
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Singapore
MAID agency Advancer Global made a sparkling trading debut on the Catalist board on Monday, closing at 39 Singapore cents, 77.3 per cent above its initial public offering price of 22 Singapore cents.
The stock opened at 32.5 Singapore cents - its low for the day - and hit a high of 44.5 Singapore cents at about 2:25pm before easing back.
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