[ PETALING JAYA: While welcoming the move by the Securities Commission (SC) to accelerate the transfer process of ACE Market companies to the Main Market, analysts and investment advisers say a parallel initiative should be given to firms in the LEAP Market too. This comes amid the general consensus among them that the speeding up … Read more
[ KUALA LUMPUR: Farm Price Holdings Bhd has entered into an underwriting agreement with Alliance Islamic Bank Bhd in conjunction with its initial public offering (IPO) on the ACE Market of Bursa Malaysia. In a statement, the Johor-based wholesaler and retailer of fresh vegetables, food and beverage products and other groceries said the IPO exercise … Read more
[ ACE Market-bound SBH Marine Holdings Bhd is upbeat about its growth prospects, premised on strong demand for its frozen goods from overseas clients this year. The company’s executive director, Saw Leng Hean, says SBH Marine’s growth will move in tandem with market growth in 2024, which is forecast at 5.5% for the year. Read … Read more
[ LED by the second generation of the founding family, Zantat Holdings Bhd looks set to be going places, with fresh new ideas from its young management team. ACE Market-bound tentatively for March 27, the calcium carbonate (CC) powder producer has been pretty busy of late, with a slew of activities, both short and long … Read more
[ WATER-related stocks are all the rage now and a lesser-known player – ACE Market-listed Cosmos Technology International Bhd – seems to be joining the party. Its stock price is up close to one-quarter this week alone, giving the company a lofty valuation of 37 times its earnings. That indicates the kind of excitement surrounding … Read more
[ PETALING JAYA: ACE Market-bound KJTS Group Bhd aims to raise RM58.9mil from its initial public offering (IPO) at a price of 27 sen per share. The IPO of the provider of building support services comprises the issuance of 218.03 million new shares, or 31.69% of the group’s enlarged issued share capital. It is expected … Read more
