New IPO - Keong Hong: Homegrown construction services company, Keong Hong Holdings has launched its IPO to list on Catalist board.
It is offering 27m placement shares at 24c apiece to raise gross proceeds of $6.48m. The offer closes at noon on Dec 14, and share trading is expected to begin on Dec 16. PrimePartners Corporate Finance is the manager and sponsor, while PrimePartners Corporate Finance and Kim Eng Corporate Finance are the joint placement agents.
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