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Public offer for Koufu shares 17 times subscribed

Published Tue, Jul 17, 2018 · 09:50 PM

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Singapore

THE public offer for Koufu's shares, which were priced at S$0.63 apiece, was 17 times subscribed in its initial public offering (IPO) that ended on Tuesday, the food court operator said.

The offering, which is subject to an over-allotment option, comprised a placement tranche of 90.7 million shares, and a public offer of 6.3 million shares.

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