Towards Financial Freedom
Gaylin Holdings Aiming to raise $35.4m in IPO
Gaylin Holdings, a Singapore'based rigging and lifting solutions provider to the offshore oil and gas industry, aims to raise net proceeds of $35.4mil through a listing on the mainboard of the Singapore Exchange. The group launched its IPO of 110mil new shares at 35 cents each. It will will close at 10am next Tuesday and expected to start trading on Oct 25.
Source: The Business Times
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