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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.
Sin-Kung Debuts Flat at 13 Sen
Sin-Kung Logistics Bhd (KL:SINKUNG) made a flat debut on the ACE Market of Bursa Malaysia at 13 sen on Wednesday.
Sin-Kung IPO Shares Oversubscribed by 26.5 Times Ahead of ACE Market Listing
Logistic services provider Sin-Kung Logistics Bhd, which is set to be listed on the ACE Market of Bursa Malaysia on May 15, said its initial public offering (IPO), priced at 13 sen apiece, had been oversubscribed by 26.5 times.
MY Morning Wrap | Sin-Kung Logistics IPO Oversubscribed by 26.5 Times
Stocks to watch: Star Media, Ho Hup Construction.
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