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S'pore investors played key role in getting HK logistics start-up GoGoX off the ground
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GogoX co-founder Steven Lam said GoGoX is well on track to be in the black.
PHOTO: GOGOX
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SINGAPORE - In spite of market nervousness and volatility, the shares of intra-city logistics start-up GoGoX was oversubscribed as at the close of its Hong Kong initial public offering (IPO) last Friday (June 17).
Institutional investors snapped up most of the 31.2 million mainboard-listed shares the company offered at HK$21.50 a piece.