The Business Times
business-time-50
SUBSCRIBERS

Attika Group eyes expansion into Malaysia, manufacturing sector after IPO

Offering proceeds to be used towards expanding into new markets, capacity building, enhancing technology adoption and diversifying into new sectors

google-preferred-sourceAdd BT as a preferred source
Mia Pei

Mia Pei

Published Mon, Nov 18, 2024 · 05:00 AM
    • Managing director and executive chairman Steven Tan is also the controlling shareholder of Attika, with 84.6 per cent stake in the company post IPO placement.
    • Managing director and executive chairman Steven Tan is also the controlling shareholder of Attika, with 84.6 per cent stake in the company post IPO placement. PHOTO: ATTIKA GROUP

    SHARES of Singapore Exchange (SGX) newcomer Attika Group have been on a tear since its initial public offering (IPO).

    For its listing on the Catalist board, the company issued 21 million placement shares at S$0.22 per share, with no public tranche.

    In its debut on Nov 8, the counter closed at S$0.235 – some 6.8 per cent above its IPO price. And it has continued to climb.

    SGXIPO

    TRENDING NOW

    Nadiem Makarim (left) has been charged with committing unlawful acts to enrich himself, others or corporations, causing losses to state finances.

    Gojek founder Nadiem Makarim faces 18-year jail demand in Indonesia laptop graft trial

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    An artist's impression of Pelican Paradise Group's township project that was designed to include a five-star convention hotel, an 18-hole championship golf course and a hospital, among others.

    Singapore developer in limbo after Timor-Leste scraps major township project

    Piyush Gupta, chairman of SMU, Keppel and Mandai Wildlife Group, said: "We have to position the parks to serve our advocacy purpose, to serve an entertainment purpose, to continue to be what Singaporeans want.”

    Not retirement, but a rewiring and fresh perspectives post-DBS, says Piyush Gupta

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More