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Info-Tech Systems Ltd. Share Stabilization Efforts Post-IPO

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Info-Tech Systems Ltd. Share Stabilization Efforts Post-IPO

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Info-Tech Systems Ltd ( (SG:ITS) ) has provided an announcement.

Info-Tech Systems Ltd. is undergoing a stabilizing action related to its offering of ordinary shares in connection with its listing on the mainboard of the Singapore Exchange Securities Trading Limited. CGS International Securities Singapore Pte. Ltd., acting as the stabilizing manager, announced the purchase of 700,000 shares at a price range of S$0.83 to S$0.845. This move is part of the efforts to stabilize the company’s share price following its market debut, potentially impacting investor confidence and market perception.

More about Info-Tech Systems Ltd

Average Trading Volume: 1,538,257

For detailed information about ITS stock, go to TipRanks’ Stock Analysis page.

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