Published:
Halcyon Agri pops the champagne on robust demand for IPO
It is now valued at S$104.4m.
According to a release, Halcyon Agri Corporation has successfully completed its placement, receiving strong demand for the 61 million shares on offer in its initial public offering.
Halcyon Agri’s market capitalisation will be approximately S$104.4 million, based on the total number of issued and outstanding shares of 290 million and the Placement price at the top end of the indicative range of S$0.36.
Trading on a “ready” basis is expected to commence at 9:00 a.m. on Friday, February 1, 2013.
PrimePartners Corporate Finance Pte. Ltd. is the Manager, Sponsor and Lead Placement Agent for the IPO. UOB Kay Hian Private Limited is the Co-Placement Agent.
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