Fore Coffee‘s share price up 34.04 percent on IPO debut
PT Fore Kopi Indonesia Tbk (Fore Coffee), the Indonesia-based premium affordable coffee chain, saw its share prices jump 34.04 percent to Rp252 ($0.015) per share on the first day of trading. The firm said in a statement on Monday that its shares surged into the green zone, hitting the upper auto reject limit (ARA). The strong investor enthusiasm was reflected in an oversubscription rate of...
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