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RE&S says IPO invitation 37.8 times subscribed

IPO

RE&S says IPO invitation 37.8 times subscribed

PC Lee Published on Tue, Nov 21, 2017 / 8:54 PM GMT+8

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SINGAPORE (Nov 21): RE&S Holdings, the Japanese multi-brand F&B group, says the sale of 32 million invitational shares in conjunction with its Initial Public Offering was 37.8 times subscribed.

RE&S offered 38 million shares at 22 cents each in conjunction with its proposed listing on the Singapore Exchange, which included 6 million reserved shares.

See: RE&S launches IPO at 22 cents per share; enlists Temasek-linked entity as cornerstone investor

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