The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

EuroSports said to hit 38 cents in grey market

Published Thu, Jan 16, 2014 · 10:00 PM
Share this article.

SHARES of ultra-luxury auto distributor EuroSports Global hit 38 cents in yesterday's grey market as its $22.4 million initial public offering (IPO) wrapped up with a 2.9-time subscription rate, market sources said.

The grey market pricing represented a 36 per cent premium to the IPO's 28-cent offer price. The counter will begin trading on Catalist today.

"Solid, bro," one trader said. "Think this stock will perform."

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here