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Hong Kong-listed Comba Telecom closes SGX debut at S$0.255, roughly on par with HK shares

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Yong Jun Yuan

Yong Jun Yuan

Published Wed, Jan 4, 2023 · 03:25 PM
    • Executive director and senior vice-president of Comba Telecom Huo Xinru says the company is investing in R&D in its 5G offerings to remain competitive.
    • Executive director and senior vice-president of Comba Telecom Huo Xinru says the company is investing in R&D in its 5G offerings to remain competitive. PHOTO: YEN MENG JIIN, BT

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    TELECOMS solutions provider Comba Telecom joined the list of secondary issuers on the mainboard of the Singapore Exchange (SGX) on Wednesday (Jan 4), with its first trade taking place at 11.52 am at S$0.41. It closed at S$0.255 after 202,200 shares changed hands.

    The company’s Hong Kong counter, which is included in the Hang Seng Composite Small Cap Index, had opened flat at HK$1.38 on Wednesday. It closed at HK$1.41, up 2.2 per cent or HK$0.03, after 5.6 million shares were traded.

    The company has not engaged in any equity fundraising activities in Singapore as part of the secondary listing.

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