Wall Street’s movements continued to set the direction; US market wobbled on Thursday after news of Biden’s tax plan but recovered on Friday after positive economic news; Bitcoin and other cryptocurrencies collapsed on the tax news; US Treasuries were mainly flat for the week; The STI fell below 3,200, down 7 points or 0.02% at 3,194.04; Countries in Asia like India and Japan continue to struggle to contain the virus Sembcorp Industries, Aztech Global were in play after positive analyst reports were issued; Econ Healthcare relisted after 9 years Biden’s tax plan rocked the US market but it recovered Trading in the local stock market last week followed familiar lines as prices tracked overnight movements on Wall Street at the start of each day’s trading, followed by rises and f

Econ Healthcare ("Econ" or the "Company") announced that its public offering of 1.8m shares was 86.9x subscribed. Including the 48.2m placement shares, the offering was around 4.1x subscribed.Mr Ong Chu Poh (王再保), founder, Executive Chairman and Group Chief ExecutiveOfficer of Econ Healthcare, said: "We are highly encouraged by the response we havegarnered for our IPO, which is indicative of the

Econ Healthcare (Asia) Limited ("Econ" or the "Company") is offering 50m shares at Singapore 28 cents each for its upcoming IPO of which 48.2m shares will be through placement and 1.8m shares for the public. The market cap based on the IPO price is around $72m. The IPO will close on 15 April 2021 on 12 noon and commence trading on 19 April, 9am.Principal BusinessAccording to the prospectus, Econ