TOPMIX News

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.

Moomoo News MYJun 8 03:07 ET

MY Morning Wrap | DXN Holdings Q4 Net Profit Up 43.23% to RM79.02 Million

Stocks to watch: Capital A, DXN.

Moomoo News MYApr 23 20:22 ET

Malaysia Closing Bell on 23 Apr | IHH Was the Top Gainer of FBM KLCI

IHH was the top gainer, rising 1.46 percent to close at RM 6.240. The top loser was MISC, losing 1.63 percent to end at RM 7.870.

moomoo NewsApr 23 06:01 ET

Market Mover | Topmix's ACE Market Debut: Soars to 43.5 sen with 40% Premium

According to a note from Rakuten Trade, the research house has issued a "buy" rating on Topmix Bhd, a surface decorative products company on the ACE Market, at an IPO price of RM 31 sen per share.

moomoo NewsApr 23 02:51 ET

Topmix Eyes Northern Region for Expansion Amid Development Boom

Topmix Bhd, a surface decorative company listed on Tuesday, expects its expansion in the northern region of Peninsular Malaysia to boost its earnings growth. The northern region, particularly Penang, has seen an influx of foreign investors, leading to higher income levels and rapid development of housing and commercial projects, which all "bode well for Topmix's expansion plans", said managing director Teo Quek Siang.

The Edge MarketsApr 23 01:50 ET

Topmix Surges 32% on ACE Market Debut

Shares of Topmix Bhd surged 32% in trading debut on Tuesday after the surface decorative products company's initial public offering (IPO) on the ACE Market raised RM31 million.

The Edge MarketsApr 22 21:20 ET

Rakuten Trade Values Topmix at 40 Sen, Expects FY23-FY26F Earnings to Grow at a CAGR of 25%

KUALA LUMPUR (April 23): Rakuten Trade has a "buy" rating on ACE Market-bound surface decorative products company Topmix Bhd at an initial public offering (IPO) price of 31 sen with a fair value of 40 sen based on FY24F PE of 15x, in line with industry peers. In a note on Tuesday, the r...

The Edge MarketsApr 22 20:45 ET