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6 Malaysian Stocks Launch IPOs Since June 2024, Top Gainer Skyrockets Over 185% on First Day!
Since June 2024, six companies have debuted on the Malaysian stock market. Of these, five experienced a surge in their share price on the first day of trading, with three witnessing their shares soar by more than 170%.
19 Malaysian Stocks Launch IPOs in 2024 YTD, Top Gainer Skyrockets Over 70% on First Day!
The Malaysian IPO market has been particularly vibrant since the beginning of 2024, with 19 companies having gone public by June 10th, two of which have seen their share prices soar by more than 50% on their debut on ACE Market.
Bursa, SimePlant, SEGi, Capital A, Duopharma, Rimbunan Sawit, MKHOP, Tasco, CIMB, Atrium REIT, KSL, GUH, Lebtech, Mentiga, Ge-Shen, Green Packet, Apex Equity
Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday (April 30):
Malaysia Closing Bell on 30 Apr | AXIATA Was the Top Gainer of FBM KLCI
AXIATA was the top gainer, rising 1.07 percent to close at RM 2.830. The top loser was PCHEM, losing 1.60 percent to end at RM 6.780.
MKHOP Seeks to Capitalise on Higher CPO Prices Amid Tighter Global Supply
The tighter global crude palm oil (CPO) supply resulting from the ongoing El Nino dry weather in Malaysia is expected to support the CPO prices, said MKH Oil Palm (East Kalimantan) Bhd (MKHOP).
MKHOP: DISCLOSURE ON QUARTERLY PRODUCTION
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