Eindec, Singapore's first IPO in 2016, rises 21% on debut

Eindec, Singapore's first IPO in 2016, rises 21% on debut

Singapore Exchange. Photo: Bloomberg

The clean air environmental and technological solutions provider Eindec Corporation Limited launched trading on the Singapore Exchange (SGX) Catalist Friday, making it the first listing in the city state in 2016, and its counter opened at S$0.235, higher than the initial public offering price (IPO) of S$0.21.

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