
Vin's Holdings Makes Trading Debut on SGX Catalist; Shares Gain 17%

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Vin's Holdings made its trading debut on the SGX Catalist, closing at SG$0.35, a 16.7% increase from its IPO price of SG$0.30. The stock reached an intraday high of SG$0.37. The IPO raised approximately SG$4 million, with plans to invest SG$2 million in digital upgrades and SG$1.2 million in retail expansion. Vin's market value is around SG$45.9 million, and it aims to distribute 75% of FY24 net profit, including a special dividend, pending shareholder approval in May 2025.
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