Singapore O&G soars on trading debut

Up 82% from its offer price.

Singapore O&G soared when it debuted on the Catalist today.

The obstetrics and gynecology firm opened at $0.455, up a staggering 82% from its offer price of $0.25.

“We are elated at the overwhelming interest shown from the shareholders for our IPO. We look forward to enhancing our shareholders’ value to reinforce their confidence in Singapore O&G Ltd,” said Dr Ng Koon Keng, CEO of the Group.

The listing of SOG brings the total number of healthcare companies on SGX to 30 with a combined market capitalisation of over $43 billion.

Following SOG’s IPO, the Catalist board will have 159 companies valued at a total of about S$11 billion.

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