MY Morning Wrap | Analysts Positive About MyNews Holdings' Prospects on Strong Earnings
Stocks to watch: Gas Malaysia, MyNews.
Market Mover | Zantat stock pops 48% as makes a strong start on ACE Market debut
Zantat Holdings Bhd's debut on the ACE Market of Bursa Malaysia saw a 15 sen premium on its IPO price, and attracted RM459 million of public interest, which is approximately 33 times its target. The company also reported a 24.9% YoY earnings growth for FY2023 on last week.
ZANTAT MAKES IMPRESSIVE DEBUT ON ACE MARKET WITH 15 SEN PREMIUM
Zantat Makes Strong Start With 15 Sen Premium on ACE Market Debut
Calcium carbonate producer Zantat Holdings Bhd made a robust debut on the ACE Market of Bursa Malaysia by opening at 40 sen, up 15 sen or 60% from its initial public offering (IPO) price of 25 sen per share, with an opening volume of 6.3 million shares.
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