RE&S Holdings Limited ("RE&S" or the "Company") received strong investor interest for IPO where 32m shares were 37.8x subscribed.
Other than Heliconia, the cornerstone investor who subscribed for 16m shares, investors who were allotted 5% of shares include:
Mr Hiroshi Tatara, Founder, Executive Director and President of RE&S said, "We are heartened by the overwhelming response to our IPO, which represents investors' confidence in RE&S' track record, diversified portfolio of unique and distinct brands, our infrastructure which includes our corporate headquarters and central kitchen and positive outlook for the F&B industry in Singapore. We are glad that with our listing, many of our stakeholders, including the public, are now able to participate in RE&S' growth."
Added Mr John Yek (葉鸿烈), Executive Director and CEO of RE&S: "The listing will not only enlarge our capital base for continued expansion of our business, it will also enhance our visibility for ...
