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Coliwoo Holdings closes at 58.5 cents on first day of trading, below IPO price of 60 cents

Nicole Lim
Nicole Lim • 2 min read
Coliwoo Holdings closes at 58.5 cents on first day of trading, below IPO price of 60 cents
Kelvin Lim, executive chairman and CEO of Coliwoo. Photo: Albert Chua/The Edge Singapore
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Coliwoo Holdings, the coliving business spun off from LHN Group, closed at 58.5 cents on its first day of trading on Nov 6.

The company debuted on the mainboard of the Singapore Exchange (SGX) at 61.5 cents, 2.5% above its initial public offering price (IPO) of 60 cents.

Its highest intra-day trading price was also 61.5 cents.

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