Good debut by with share price closing at 20% premium to IPO


It’s public: Lee hitting the gong, witnessed by (from left) director Wie Hock Kiong, MD Wie Hock Beng, director Loh Kong Fatt, deputy chairman Datuk Subhi Dziyauddin and chief financial officer Chong Kien Eng, to start trading of Pesona.

KUALA LUMPUR: Pesona Metro Holdings Bhd's share price soared 86% to 46.5 sen on its debut on the Main Market of Bursa Malaysia after taking over the listing status of Mithril Bhd under a restructuring exercise.

However, the share price fell 16.5 sen to 30 sen at the close of trading yesterday. At this price, it is trading at a 20% premium to its initial offer of 25 sen.

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