Tuesday, November 9, 2010

Nordic Group IPO Singapore SGX

Marine Offshore industries vendor Nordic Group listed its debut IPO on Singapore Exchange (SGX). This totals 34 maritime companies on SGX with total market worth of $55 bn. The company estimates market worth of S$ 80 million with this IPO.

Automated control systems and Integrated management devices pioneer also has precision engineering division with two units in Suzhou, China.

The company headquartered in Singapore said the initial public offering will boost investment in maritime and offshore division.

As of now Nordic IPO has an up value of Read more...

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