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Stabilisation helps BHG Reit price on debut day

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Published Fri, Dec 11, 2015 · 09:50 PM

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Steady intra-day

Singapore

STABILISING action saved the day. Units of BHG Retail Reit traded in a narrow range of between S$0.80 and S$0.805 during its three-hour session on Friday, its first trading day, which started at 2pm.

The Chinese mall owner eventually ended unchanged on Friday at its initial public offering (IPO) price of S$0.80. Some 23.8 million units changed hands, making it the fourth most active counter on the stock market.

bhg retail reit

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