KUALA LUMPUR: UMW Oil & Gas Corp Bhd got off to a rousing start at its debut on Friday as investors cheered Malaysia’s largest initial public offering (IPO) for 2013.
Its shares peaked at RM3.18, a staggering 38 sen above the issue price of RM2.80, before settling at RM3.10 for a market capitalisation of RM6.7bil.
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