UBS's Singapore branch, the stabilizing manager for Avepoint's (SGX:AVP) secondary listing on the Singapore bourse, has executed stabilizing action by purchasing shares in the open market.
UBS purchased 241,090 shares at SG$18.95 apiece, according to a Friday filing with the Singapore Exchange.
The shares were bought either as principal or through dealers.
Avepoint's shares were up nearly 1% in Friday trading.
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