Singapore F&B player Jumbo Group makes strong listing debut; IPO oversubscribed 8x

Singapore F&B player Jumbo Group makes strong listing debut; IPO oversubscribed 8x

Image of chilli crab from Jumbo Seafood Facebook page.

Singapore-based Jumbo Group Limited, a newly listed food & beverage firm on the Singapore Exchange’s (SGX) Catalist board, received strong interest from investors for its initial public offering (IPO) of 88,233,000 shares at an issue price of S$0.25.

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