Rokko shares opens at S$0.38 in debut, a hefty premium of 52% above the $S0.25 issue price

Rokko shares opens at S$0.38 in debut, a hefty premium of 52% above the $S0.25 issue price.

The company sold 30 million new shares in the IPO exercise to raise S$7.5 million and the offer was about 27 times subscribed.

China Construction Bank Corporation, Singapore Branch, was the Manager, Underwriter and Placement Agent for the IPO.