Following the close of the group’s IPO at 12pm on Oct 14, the placement shares have since been fully subscribed. Out of the 13.0 million placement shares available, a total of 28 valid applications were received, which includes 47,000 placement shares allotted to Kubota Yasuaki, the CEO of FIH.
Food Innovators Holdings (FIH) has launched its initial public offering (IPO) on the Catalist board of the Singapore Exchange (SGX:S68
) .
The company, which focuses on traditional Japanese and Japanese-inspired European cuisines across Asia, has issued 14 million shares at a price of 22 cents apiece. This includes 1 million invitation shares, which were made available through placement.
