Food Innovators' IPO oversubscribed 1.4 times

It issued 14.0 million shares at $0.22 apiece.

Food Innovators Holdings Limited's (FIH) public offer was 6.3 times subscribed.

The company issued 14.0 million shares for $0.22, comprising 1 million public offer shares and 13 million placement shares.

The placement shares were fully subscribed.

The company received 264 valid applications for a total of 6.3 million public offer shares and 28 valid applications for placement shares, including 47,000 allocated for its CEO, Kubota Yasuaki.

Overall, the company's IPO was 1.4 times subscribed.

FIH debuted at the Catalist on 16 October, 9 a.m.

Follow the link for more news on

IPO

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia