(Kuala Lumpur, 2nd) Sarawak telecommunication infrastructure service provider—Raiton Holdings. $REACHTEN (5332.MY)$ It became the first Sarawak company to be listed on the Malaysian Exchange Main Board in 15 years. The stock performed steadily this morning after its debut, remaining mostly above the initial public offering (IPO) price of 52 cents.
Raiton Holdings opened at 52 cents this morning, maintaining the initial public offering price, with an initial trading volume of 6.1 million shares, despite a temporary drop to 50 cents after opening, it steadily rose afterwards, reaching 55 cents during the morning session, equivalent to a rise of 5.77%.
Chen Youlei, the Executive Director of Rui Teng Holdings, pointed out at the press conference after the listing ceremony that the market response to the stock after its listing is encouraging, and the fluctuations in stock prices are a normal occurrence in the stock market. The company maintains a calm attitude and stays humble.
Huang Rongliang, the Deputy Head of Corporate Finance at He Ying Securities (M&A Securities), who also attended the press conference, stated that many newly listed companies have recently faced challenges with their stock prices. He hopes that Rui Teng Holdings, which showed stable performance after opening, will be a turning point for the market's recovery.
Regarding the company's Business and prospects, Chen Youlei pointed out that Rui Teng Holdings' revenue mainly comes from the Satellite, Optical Fiber Infrastructure, and Telecom Tower sectors, with approximately 90% of revenue currently derived from Satellite operations, and the outlook for related businesses remains robust.
"We are one of the top two Satellite companies in Malaysia. Many people think that the Satellite Business is a sunset industry, but this is not the case; there is still significant potential for development..."

$MYEG (0138.MY)$
来了，来了！
will it drop below 0.8?

$PBBANK (1295.MY)$ buy?

i share some selling price. dont regret if you do nothing. we need to see how china and uS settle - which my view is can only escalate and reaching WWIII
$GAMUDA (5398.MY)$ 3.90
$IJM (3336.MY)$ 1.97
$MAYBANK (1155.MY)$ 10.25
$TENAGA (5347.MY)$ 13.35
$CIMB (1023.MY)$ 6.99
$ECOWLD (8206.MY)$ 1.74

malaysia prime minister seems quite useless. donald trump seems very smart
$NVIDIA (NVDA.US)$ $MAYBANK (1155.MY)$ $CIMB (1023.MY)$ $Palantir (PLTR.US)$
he can pnly reach his kawan.

$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ Is everyone doing well today?

$GAMUDA (5398.MY)$
EPF, you are the banker, win all!
please pay back us with 10% dividend.

$GAMUDA (5398.MY)$
lets ready and prepare for a crush today.
Trump syndrome - US recession