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Coliwoo Holdings Ltd. ( (SG:W8W) ) has issued an announcement.
Coliwoo Holdings Ltd. has completed the stabilizing actions related to its initial public offering (IPO) of ordinary shares on the Singapore Exchange’s Mainboard. Maybank Securities Pte. Ltd., acting as the Stabilising Manager, announced the purchase of 16,000,000 shares, effectively covering the over-allotted shares and concluding the price stabilization efforts. Consequently, the Over-allotment Option will not be exercised, indicating a stable demand for the company’s shares and potentially enhancing investor confidence.
More about Coliwoo Holdings Ltd.
Average Trading Volume: 9,480,020
Find detailed analytics on W8W stock on TipRanks’ Stock Analysis page.