Monday, October 18, 2010

Global Logistics Properties Debut

Global Logistics Properties oversubscribed IPO saw its shares gain over 10 percent in its debut trading on the Singapore Exchange on Monday.

The shares closed up to $2.17 from its IPO offer price of $1.96 per share. The IPO is the 2nd largest in Singapore after SingTel's IPO.

Analysts are still upbeat about the stock.

Time to get into it??

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