No Signboard’s public offering 268.6 times subscribed

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SINGAPORE (Nov 29): No Signboard, the F&B player and homegrown operator of a chain of seafood restaurants, says the public tranche of its initial public offering (IPO) was 268.6 times subscribed.

This was based on valid applications for 671.4 million for the 2.5 million offer shares available to the public for subscription at the close of the invitation at 12 noon on Tuesday.

In addition, valid applications for about 63.1 million shares were received for the roughly 63.2 million available for subscription by way of placement... (Click here to read the full story.)