Malaysia Steel Works (KL) Bhd
(MSW) saw heavy trading of its shares on the Bursa Malaysia main board after it was listed on Monday, but gains were capped ahead of the long Chinese New Year break.
The stock, which was priced at RM1.30 for its initial public offering, closed at RM1.34 on Tuesday, although most analysts see its fair value at around RM1.50 to RM1.70.
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