SGX Catalist welcomes MS Holdings with an IPO market cap of $25.5m

And $6.75m amount raised.

MS Holdings was listed earlier today on Catalist with an IPO market capitalisation of S$25.5 million and amount raised of S$6.75 million. 

MS Holdings had an offer price of S$0.25 and opened at the price of S$0.33. MS Holdings is a crane rental company in Singapore, with a fleet of modern cranes which can be deployed in a wide range of lifting operations. 

The company, together with its subsidiaries, derives its revenue from a wide customer base of over 350 customers in Singapore, mainly from the construction, marine, logistics, oil and gas as well as infrastructure industries. The prospectus can be found here.

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