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Keppel-KBS US Reit closes one US cent higher on trading debut

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Published Thu, Nov 9, 2017 · 09:50 PM

Singapore

KEPPEL-KBS US Reit was stuck in range-bound trading on the day of its trading debut, after opening 1.7 per cent higher than its initial public offering (IPO) price.

The counter, which had an offer price of 88 US cents, opened at 89.5 US cents at 2pm on Thursday. It ended the day at 89 US cents, after 15.37 million units changed hands.

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