Shares in the company climbed to an intra-day high of 98 cents at 9.03am before falling to an intra-day low of 90.5 cents at around 2.04pm. Info-Tech Systems' shares eventually closed at 91 cents with some 9.1 million shares changing hands.
Shares in Info-Tech Systems debuted on the Singapore Exchange’s (SGX) Mainboard at 95 cents on July 4, 9.2% above its initial public offering (IPO ) price. The company is trading under the stock code “ITS”.
The firm offered 24.86 million shares at 87 cents apiece at its IPO, announced the company on July 3.
