News

Singapore’s Jackspeed Corporation to raise S$8.5 million in IPO

17/11/2003

Singapore’s Jackspeed Corporation Ltd has said it expects to raise S$8.5 million ($4.9 million) from its initial public offering (IPO) of 39.6 million shares at S$0.30 ($0.17) each, which closes today.

 

The company, which is a supplier of leather components for automobile interior seating and trim, opened the offer November 11 2003. The stock will begin trading on the Singapore Stock Exchange’s main board, this Wednesday.

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