CEKD (0238) CEKD BERHAD Bhd makes strong debut on ACE Market at 60 sen
KUALA LUMPUR (Sept 29): CEKD Bhd made its debut on the ACE Market at 60 sen on Wednesday — notching a premium of 12 sen to its initial public offering (IPO) price of 48 sen.
On Sept 21, the die-cutting solution provider reported that the public portion of its IPO was oversubscribed by 131.61 times.
At the opening bell, the counter saw 6.29 million shares changing hands.
The group aims to raise RM24.28 million through the IPO exercise.
More to come
http://www.theedgemarkets.com/article/cekd-bhd-makes-strong-debut-ace-market-60-sen
