[ KUALA LUMPUR: Wentel Engineering Holdings Bhd, which debuted flat at 26 sen on the ACE Market of Bursa Malaysia, has raised a total of RM71mil. At midday, the counter rose two sen, or 7.69% to 28 sen. It is the most actively traded counter on Bursa Malaysia with 214.83 million shares done. Of the … Read more
[ KUALA LUMPUR: ACE Market-bound power cable manufacturer Master Tec Group Bhd’s 51 million initial public offering (IPO) shares available for public application have been oversubscribed by 7.11 times. The Melaka-based company said a total of 7,276 applications for 413.65 million shares worth RM161.32 million were received from the Malaysian public for the IPO shares. … Read more
[ KUALA LUMPUR: HE Group Bhd, slated for a listing on the ACE Market of Bursa Malaysia on Jan 30, has seen its initial public offering (IPO) oversubscribed by 63.35 times. The electrical engineering service provider received a total of 12,201 applications for 1.41 billion issue shares with a value of RM396.36mil from the Malaysian … Read more
[ KUALA LUMPUR: AGX Group Bhd, which is slated to be listed on the ACE Market of Bursa Malaysia on Feb 7, is expected to raise RM33.78mil from its initial public offering (IPO). In a statement, AGX said its IPO entails the public issue of 96.5 million new ordinary shares and an offer for sale … Read more
[ KUALA LUMPUR: KJTS Group Bhd aims to raise RM58.9 million from its initial public offering (IPO) upon its listing on the ACE Market of Bursa Malaysia on Jan 26, 2024. Executive director Sheldon Wee said that the IPO comprised the issuance of 218.03 million new shares at 27 sen per share, adding that the … Read more
[ KUALA LUMPUR: Bursa Malaysia has announced the transfer of the securities of Teladan Group Bhd from the ACE Market to the property sector of the Main Market from Jan 2, 2024. In a statement, the stock exchange operator said the stock short names and stock numbers for the company’s securities remain unchanged. Read original … Read more
[ KUALA LUMPUR: Jati Tinggi Group Bhd made its debut on the ACE Market of Bursa Malaysia at 30.5 sen, a 13% premium over its initial public offering (IPO) price of 27 sen a share. As at 10.40am, the trading stock of the infrastructure utilities engineering company was up five sen or 18.52% to 32 … Read more
[ KUALA LUMPUR: The trading stock of Critical Holdings Bhd surged at the start of trading following its debut on the ACE Market of Bursa Malaysia. The engineering solutions and maintenance services provider saw its share price jump 15 sen or 42.86% over its initial public offering (IPO) price of 35 sen a share to … Read more
