World Class Global higher and active in Catalist debut

Singapore

WORLD Class Global (WCG), a real estate developer whose counter debuted on Catalist on Thursday, was the most active stock on the Singapore Exchange (SGX) on Thursday morning, over five million shares having changed hands just after market opening.

WCG, which specialises in residential and mixed-use projects in Australia and Malaysia, opened for trading at S$0.27, one Singapore cent above its issue price of S$0.26. Throughout the day, it traded between S$0.27 and S$0.28, remaining one of the most actively-traded stocks on SGX.