On 11th November, 2024 - $AZAMJAYA (5329.MY)$ saw its shares surge by over 32% on its first trading day on Monday, soaring to RM1.03 from an initial issue price of RM0.78, with a turnover of RM44.17 million. Moreover, the public portion of its initial public offering (IPO) was oversubscribed by 23 times.
Significantly, Azam Jaya Bhd published its financial report for the second quarter of FY24 on 7th November. The report revealed tha...