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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

Published Sat, Mar 13, 2021 · 05:50 AM

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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