Pacific Star Development Ltd (PSD), an Asean-focused real estate developer has transferred to Singapore Exchange's Catalist board, following the completion of its reverse takeover of LH Group on February 15.
PSD debuted the trading of its shares today with the counter “Pacific Star Dev”. The theoretical issue price of the company’s shares after the one-to-three share split was $0.267. Its shares reached a high of $0.330 during the day, and closed at $0.300, representing an increase of approximately 12% from the theoretical issue price of $0.267. A total of 1.14 million shares changed hands.