Shares & Derivatives
This Little-Known Singapore-Listed Company Is Up 250% Since Its IPO in 2017
By Seedly  •  May 31, 2021
If you frequent the hawker centres of Singapore, it would be hard to miss these huge blue cylinders sitting at the stalls. Source: Union Gas The cylinders contain liquified petroleum gas (LPG) and are used to cook the food we love. One of the providers of LPG cylinders to the hawkers is Singapore-listed company Union Gas Holdings Ltd (SGX: 1F2). Since its initial public offering (IPO) in July 2017 at a stock price of S$0.25, the Union Gas share price has surged 250% to end last Friday at S$0.875. As of the time of writing on Monday, the Union Gas share price rose a further 4% to S$0.91, attracting a query from the Singapore Exchange due to the “unusual price movements”. Source: Google Finance Curious investors would be wondering if there’s value in Union Gas and whether it’s worth buying its shares. Let’s find out more right here!...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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