
I still think it is sunset technology unless they channel to higher profitable return. : (
closing price (-15%), under ipo price of 36.5cents.
if suah, tomorrow down again.
Lucky ChungHong.
Start trading on the right day when everything moving up.
ChungHong shares rise 7 pct in Singapore market debut
Shares of Chinese contract electronics maker ChungHong Holdings , which raised $14 million in its Singapore initial share offer, started trade on Wednesday at S$0.39, 6.8 percent above their S$0.365 issue price.
The company, which makes television and computer screens, said the offer of 55 million new shares was about 1.5 times subscribed. Proceeds will be used to expand production capacity.
Westcomb was the manager, placement agent and underwriter for the IPO.
The company, which makes television and computer screens, said the offer of 55 million new shares was about 1.5 times subscribed. Proceeds will be used to expand production capacity.
Westcomb was the manager, placement agent and underwriter for the IPO.