SINGAPORE (Dec 18): Shares of Clearbridge Health closed flat at its initial public offering (IPO) price of 28 cents in its trading debut on Monday, even as some 9.3 million shares changed hands during the day – putting it among one of the most active stocks.

During the day, shares in the healthcare company rose as much as 2 cents, or 7.1%, to 30 cents.

“As we mark a new chapter in our history with this listing, we are confident of the huge potential for greater adoption of precision medicine in Singapore and around the region,” says Jeremy Yee, Cleabridge’s executive director and chief executive officer.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook