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EGP Energy Corporation Opens 8% Higher on Singapore Mainboard Debut

MT Newswires07-29 11:01

EGP Energy (SGX:EGX) shares opened nearly 8% higher on their Singapore debut Wednesday morning.

The shares were up nearly 22% in recent trade.

The company's admission to the Singapore stock exchange follows its IPO, which raised total gross proceeds of approximately SG$30.6 million.

The IPO was oversubscribed by 17.6% and closed on Monday.

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