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Asian Healthcare Specialists and SLB debut above IPO prices

AHS shares finished 48% higher than their IPO price of $0.23; SLB shares closed 9% higher

Janice Heng

Published Fri, Apr 20, 2018 · 09:50 PM

Singapore

IN THEIR Catalist debuts on Friday, orthopaedic services provider Asian Healthcare Specialists (AHS) and property developer SLB Development closed above their initial public offering (IPO) prices.

AHS shares finished at S$0.34, 47.8 per cent higher than the IPO price of S$0.23.

The counter opened at S$0.345 on its first day of trading, reaching a high of S$0.355. With 28.2 million shares changing hands, it narrowly missed out on being among the most heavily tra…