RE&S Holdings to raise $8.76m in IPO, Temasek unit to be sole cornerstone investor

RE&S Holdings to raise $8.76m in IPO, Temasek unit to be sole cornerstone investor

Entrance of the Singapore Exchange (SGX. Credit: DEALSTREETASIA

Japanese restaurant group RE&S Holdings has priced its initial public offering (IPO) on the SGX Catalist of 38 million shares at S$0.22, and aims to raise S$11.9 million ($8.76 million) in gross proceeds from the public float.

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