Southern Alliance Mining makes Catalist debut at 4% above IPO price

Southern Alliance Mining makes Catalist debut at 4% above IPO price MALAYSIA-BASED iron ore producer Southern Alliance Mining (SAM) debuted on the Singapore Exchange’s (SGX) Catalist board on Friday at S$0.26, up S$0.01 or 4 per cent from its S$0.25 initial public offering (IPO) price. Its shares rose to 26.5 Singapore cents with 3.1 million …