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Malaysia timber firm Jawala makes Catalist debut

Its shares opens at 26.5 Singapore cents; IPO closes with public offer tranche subscribed 18.5 times

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Published Fri, Jun 1, 2018 · 09:50 PM

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Singapore

MALAYSIAN sustainable timber company Jawala Inc made its trading debut on the Catalist board of the Singapore Exchange at 2pm on Friday.

Its shares opened at 26.5 Singapore cents - up slightly from the initial public offering (IPO) price of 25 Singapore cents - apiece.

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