Procurri ends 19.6% below IPO price on SGX debut
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Nisha Ramchandani
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Singapore
TECHNOLOGY firm Procurri Corporation made its debut on the mainboard of the Singapore Exchange (SGX) on Wednesday, slumping 19.6 per cent below its initial public offering (IPO) price of 56 Singapore cents.
The counter opened at 54 Singapore cents but eventually closed at 45 cents, with about 18.63 million shares worth S$9.72 million changing hands. It reached a high of 56 Singapore cents in intraday trading.
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