JustCo Holdings Limited announced that stabilising actions connected to its recent initial public offering have concluded as of Jun, 2 2026.
DBS Bank Ltd., acting as the sole stabilising manager, disclosed that it acquired a total of 5,319,000 ordinary shares to support the share price following the company’s Mainboard debut on the Singapore Exchange.
All shares previously over-allotted in the offering have been fully covered by these purchases, and the over-allotment option granted by Sing Long Investments Pte. Ltd. to the joint bookrunners and underwriters will not be exercised.
The announcement was made in a formal notice submitted to Singapore Exchange Securities Trading Limited.