Vin’s Holdings debuts IPO with 16.7% increase in share price.
The share price closed at $0.35.
Vin’s Holdings Limited has debuted the trading of its shares on Singapore Exchange Securities Trading Limited with a 16.7% increase in share price.
Shares of Vin’s opened at $0.315, 5% above the placement price of $0.30, and reached an intraday high of $0.37 before closing at $0.35.
The initial public offering was fully subscribed with RHB Bank Berhad as the issue manager, full sponsor and placement agent.