Wednesday, January 26, 2011

XMH

XMH: Co debuts on SGX today, to start trading at 9am. Offer of 101.0m shares at $0.25 each was 3x oversubscribed, comprising of 85.0m new shares and 16.0m vendor shares. Public offer of 1.5m shares received oversubscription for 237.8m shares. Net proceeds of $18.9m were raised from the IPO.

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