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Katrina shares trading at 38 cents, 85% above IPO placement price

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Katrina shares trading at 38 cents, 85% above IPO placement price

PC Lee Published on Tue, Jul 26, 2016 / 11:13 AM GMT+8

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SINGAPORE (July 26): Shares of Katrina Group are trading at 38 cents, 17 cents above its IPO placement price of 21 cents, with 29.2 million shares.

Katrina had opened at 36 cents before hitting a morning high of 40.5 cents.

Last night, the F&B group said it had completed its placement of 35.8 million new shares on July 22, raising $7.5 million shares.

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