SunCon share price dips below that of IPO


KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) share price fell below its initial public offering (IPO) price of RM1.20 amid a cautious mood and profit-taking by investors on Bursa Malaysia.

The newly-listed company closed two sen lower to RM1.18 yesterday, despite stabilising action on its share price.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , SunCon , ipo , price , stocks , shares , klci , klse , bursa ,

   

Next In Business News

UBS reports first profit since taking over Credit Suisse
Amazon to spend nearly US$9bil to expand cloud infra in Singapore
FBM KLCI pushes past 1,600
Ringgit opens higher against US$, other major currencies
KLK's recruitment issues to be short-lived, say analysts
Renewed bets on Fed cuts boost KLCI to 1,600
Wall Street closes higher for third session on rate cut optimism
Trading ideas: Ho Hup, Favelle, KKB, Nice, Sunzen Biotech, Sin-Kung, Ireka, Malaysian Genomics, RHB, Seng Fong
RBA to maintain key rate to restrain price pressures
Optus names Stephen Rue as new chief executive

Others Also Read