Skylink Holdings debuts on SGX Catalist Board

Its share price started at $0.245.

Skylink Holdings Limited has begun trading on the Catalist Board of the Singapore Exchange Securities Trading Limited, with its share price debuting at $0.245.

The opening price represented a 22.5% premium over the $0.20 placement price per share tied to the reverse takeover of Skylink APAC Pte. Ltd.

Shares hit an intraday high of $0.275, reflecting an increase of 37.5%.

By the close of trading, approximately 10.8 million shares were traded, with the stock finishing at $0.25, 25% above the placement price.

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