SUBSCRIBERS
Marble producer launches IPO
Published Mon, Jul 21, 2014 · 10:00 PM
A PREMIUM-quality marble producer has launched an initial public offering (IPO), seeking to list on the Catalist board of the Singapore Exchange.
Terratech Group Limited, a Singapore business, launched its IPO of 108.7 million shares, comprising 43.5 million new shares and 65.2 million vendor shares, at S$0.23 per share on Monday.
At that IPO price per share, the estimated gross proceeds will come in at S$25 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Porsche posts Q1 profit drop on ramp-up costs