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This cannot be animal spirits doing its act. SGX RegCO is in now.
LS 2 Holdings ends Catalist debut at S$0.88, up from IPO price of S$0.20
CLEANING services company LS 2 Holdings (ENV) ended its trading debut on the Singapore Exchange’s Catalist board on Thursday (Feb 24) at S$0.88, up from its initial public offering (IPO) price of S$0.20.
By 10.35 am, shares of LS 2 were trading at S$0.85, 2.8 times the opening price of S$0.295, with 570,100 shares changing hands.The counter then made slight gains over the course of the first half of the trading day to finish at S$0.87 as at the mid-day break.
In the second half of the trading session, the stock rose to hit an intraday high of S$1.60 at 1.58 pm. The counter then pared some gains as low as S$1.20 before touching S$1.50 again at 2.30 pm.
https://www.businesstimes.com.sg/compani...-ipo-price
SGX Regco's warning:
https://links.sgx.com/1.0.0/corporate-an...db3e6176e0
LS 2 holdings PR:
https://links.sgx.com/FileOpen/LS%202%20...eID=703572
RHT Capital Pte. Ltd. is the Issue Manager and Full Sponsor for the IPO, while Soochow CSSD Capital Markets (Asia) Pte. Ltd. is the Placement Agent.
LS 2 Holdings ends Catalist debut at S$0.88, up from IPO price of S$0.20
CLEANING services company LS 2 Holdings (ENV) ended its trading debut on the Singapore Exchange’s Catalist board on Thursday (Feb 24) at S$0.88, up from its initial public offering (IPO) price of S$0.20.
By 10.35 am, shares of LS 2 were trading at S$0.85, 2.8 times the opening price of S$0.295, with 570,100 shares changing hands.The counter then made slight gains over the course of the first half of the trading day to finish at S$0.87 as at the mid-day break.
In the second half of the trading session, the stock rose to hit an intraday high of S$1.60 at 1.58 pm. The counter then pared some gains as low as S$1.20 before touching S$1.50 again at 2.30 pm.
https://www.businesstimes.com.sg/compani...-ipo-price
SGX Regco's warning:
https://links.sgx.com/1.0.0/corporate-an...db3e6176e0
LS 2 holdings PR:
https://links.sgx.com/FileOpen/LS%202%20...eID=703572
RHT Capital Pte. Ltd. is the Issue Manager and Full Sponsor for the IPO, while Soochow CSSD Capital Markets (Asia) Pte. Ltd. is the Placement Agent.