Grand Venture Technology Limited IPO – Balloting Results

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Grand Venture Technology Limited announced that it’s IPO Garner “STRONG SUPPORT” in its Press Release. 42,918 mil shares was 1.3x subscribed. Public shares was oversubscrib at 12,568 mil shares at 15.66x. The IPO write up is here.

Balloting table as below

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Grand Venture Technology Limited commence trading today with SGX name Grand Venture and code JLB. Grand Venture opened on the Catalist board at S$0.27 below its IPO price of S$0.275 a share on Wednesday and close at S$0.270 a share.

Author: The Financial Guy

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