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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