Monday, July 25, 2011

Catcha dn 13%, below IPO price

KUALA LUMPUR: Catcha Media Bhd fell more than 13% in late morning on Monday, July 25 in line with the weaker regional markets, sending it below the initial public offer price of 75 sen.

At 10.56am, it was down 10.5 sen to 70.5 sen. There were 1.03 million shares done at prices ranging from 69 sen to 80.5 sen.

Catcha was listed last Friday, July 22. Its public offer of three million shares to the public was oversubscribed 10.67 times.

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