Thus far, both IPOs have turned out to be winners on initial listing on SGX. Glad to have managed to secure the minimum lots despite the oversubscription in both cases. The backing of Temasek Holdings and GIC in respective cases probably lent a lot of weight. It would seem to suggest that there is a lot of room for IPOs of such pedigree. Perhaps there will be more?
Wonder how the American Depository Receipt (ADR) listing for the China shares are going to fare? I would hazard a guess that it will create the next interesting stir on SGX.
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