The Business Times
business-time-50

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

    Tribunal Magistrate Jared Kang described dismissal law as “a little more layered, difficult and unclear than it perhaps needed to be”.

    Firm loses wrongful dismissal case despite following termination clause

    The Vietnamese economy has long relied heavily on bank lending, straining commercial banks as they shoulder the bulk of the financing needed by companies and large infrastructure projects.

    Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks

    Soilbuild and its executive chairman Lim Chap Huat are reportedly seeking unspecified damages over Brookfield’s alleged breach of their agreement.

    Soilbuild’s Lim Chap Huat sues Brookfield, claims it reneged on joint venture: WSJ

    UOB’s asset quality was a recurring theme across all broker notes.

    Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation

    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