Singapore Stock Market News

Jason Parquet makes robust trading debut

StockFanatic
Publish date: Wed, 26 Sep 2012, 04:14 PM
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TIMBER flooring company JasonParquet Holdings stood on firm ground yesterday as it made its Catalist debut.

The stock opened trading at 27.5 cents, against its initial public offering price of 22.5 cents, and traded between 27 and 30 cents before closing at 29 cents, up almost 29 per cent. More than 40 million shares changed hands.

Jason Parquet's offer of 33.8 million placement shares comprised 18 million new shares and 15.8 million vendor shares.
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