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NetLink closes at IPO price on first day of trading

Published Wed, Jul 19, 2017 · 09:50 PM
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Singapore

SINGAPORE'S biggest initial public offering (IPO) to date, NetLink NBN Trust, concluded its first day of trading at exactly its offer price of S$0.81.

Over 184 million shares worth S$149 million were traded.

From the opening bell at 3pm, Net Link traded within a tight range of S$0.805 to S$0.815, with most trades made at S$0.81.

The closing pri…

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