Leong Hup makes firm debut

Listing ceremony of Leong Hup International Berhad. From left to right: Country Chief Executive Officer-Philippines Lau Joo Heng, Country Chief Executive Officer-Singapore Lau Joo Hwa, Non-Independent Executive Director of Leong Hup International Berhad Lau Joo Hong, Tan Sri Lau Tuang Nguang(Tan Sri Francis Lau),Non-Independent Executive Chairman of Leong Hup International Berhad Lau Chia Nguang, Chairman and Managing Director, Affinity Equity Partners Young-Taeg Park, Non-Independent Executive Director of Leong Hup International Berhad Datuk Lau Eng Guang, Lau Joo Keat, Lau Joo Han.

KUALA LUMPUR: The biggest initial public offering (IPO) on Bursa Malaysia in almost two years saw Leong Hup International Bhd’s (LHI) shares ending the day unchanged at RM1.10.

The company made a firm debut initially yesterday as it opened at RM1.12, a two-sen premium over its offer price of RM1.10 in a cautious market amid the ongoing US-China trade war.