Singapore F&B player Katrina Group shares surge on listing debut

Singapore-based food and beverage (F&B) group Katrina’s shares surged on listing debut on Tuesday after the company successfully raised S$7.5 million ($5.5 million) through an issue of 35.8 million new shares.

The Catalist-listed stock jumped over 60 per cent to conclude the day’s trade at S$0.34 apiece from S$0.21 on first day of IPO.

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