EPB Group listed on the stock exchange today under the Ace Marlet at a 9.5 sen premium trading at 65 sen as the market opened with a total of 8.47 million shares being traded.
The company involved in food processing and packaging machinery solutions had announced a significant response to its initial public offering where the Malaysian public were oversubscribed by 61.08 times.
Yeoh Chee Min, Managing Director of EPB Group Berhad said "Our IPO opens the door to capital markets, equipping us with the necessary resources to drive our next phase of growth and innovation, particularly in robotics integration within our food processing and packaging machinery solutions. We are thankful for this show of trust and are ready to leverage this support to further our growth and create lasting value for our stakeholders."