$SAM Holdings (9G2.SG)$ Sam Holdings' IPO began with high ex...

$SAM Holdings (9G2.SG)$ Sam Holdings' IPO began with high expectations, priced at S$0.23 per unit, only to see a dramatic decline to S$0.1. While this might not necessarily constitute 'fraud,' it certainly serves as a stark reminder of the gap between market expectations and reality. Nonetheless, it wouldn't be surprising if it falls under the influence of Berjaya. Beware...