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Both had IPO prices of 23 cents, so how did SLB and Asian Healthcare do on their Catalist trading debut?

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Both had IPO prices of 23 cents, so how did SLB and Asian Healthcare do on their Catalist trading debut?

Samantha Chiew Published on Fri, Apr 20, 2018 / 6:03 PM GMT+8

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SINGAPORE (Apr 20): Two new companies – SLB Development and Asian Healthcare Specialists – made their Singapore Exchange trading debuts on Friday.

Shares in SLB opened at 26 cents per share, 3 cents above its IPO price of 23 cents, before closing at 25 cents with 47.1 million shares traded.

This gives SLB a market capitalisation of $228.3 million based on its issued share capital of 913 million.

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