Singapore Paincare Holdings now listed in SGX

All of the 24.25 million placement shares were subscribed, collecting around $5.33m.

Following its IPO, Singapore Paincare Holdings is now listed in SGX, opening at $0.22 apiece under the stock code “FRQ”, an announcement revealed. 

All of the 24.25 million placement shares were subscribed, collecting around $5.33m.

With a market capitalisation of around $36m, the listing of Singapore Paincare Holdings brings the total number of companies listed on Catalist to 217, with a combined market capitalisation of about $9b. Within the healthcare sector, there are currently 35 companies listed on SGX with a total market capitalisation of around $85b.

Singapore Paincare Holdings is a medical services group providing pain care treatment, focussing on the treatment of patients suffering from chronic pain, including alternative non-surgical treatment solutions.