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Alliance Healthcare ends Catalist debut at S$0.205 for a 2.5% premium over IPO price

Net proceeds of S$4.5 million will include expanding network of clinics and medical facilities, acquisitions and joint ventures

    Published Fri, May 31, 2019 · 09:50 PM

    Singapore

    ALLIANCE Healthcare Group made a positive debut on the Singapore Exchange's Catalist board on Friday, ending the day at 20.5 Singapore cents for a 2.5 per cent gain on its initial public offer (IPO) price of 20 cents.

    The counter opened at 20.5 cents and traded within a narrow band between 19.9 and 21 cents for the rest of the day on turnover of 1.65 million shares traded.

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