Singapore Stock Market News

IPO Watch - Figtree Holdings Limited

StockFanatic
Publish date: Thu, 31 Oct 2013, 05:55 PM
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Summary: Figtree Holdings Ltd specialises in the design and building of commercial and industrial facilities. As a secondary activity, the group also engages in property development.

The group seeks to raise S$9.9m in net proceeds to undertake property development projects. It sees potential from increasing demand for commercial space and wants to participate as more land is released to meet the demand. According to management, the group has around 10-15% Singapore market share in the industrial facilities.
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