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Info-Tech listing: Investors await trading of first Mainboard IPO in four years

Goola Warden and Felicia Tan
Goola Warden and Felicia Tan • 9 min read
Info-Tech listing: Investors await trading of first Mainboard IPO in four years
Info-Tech CEO Dilip Babu. Photo: Albert Chua/The Edge Singapore
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Human resource management software firm Info-Tech offered 24.86 million shares at 87 cents apiece at its initial public offering (IPO).

Of the total amount of offering shares, 19.86 million were offered to selected investors outside the US, including institutional and other investors in Singapore under Regulation S of the US Securities Act 1933. The remaining five million shares went to the public.

Oversea-Chinese Banking Corporation (OCBC) is the sole issue manager and global coordinator for this IPO. The bank, together with CGS International Securities Singapore (CGSI), are the joint bookrunners and underwriters.

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