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Aztech Global ends first day of trading 1 cent above IPO price

Analyst says public tranche investors appeared to be out for quick buck but rushed for exit after price failed to keep rising

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Published Fri, Mar 12, 2021 · 09:50 PM

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    Singapore

    AZTECH Global ended its first day of trading at S$1.29, just a cent above its initial public offering (IPO) price.

    Some 57.62 million shares changed hands, making it the fifth most traded counter by volume on the local bourse for the day.

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