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.

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!

Leong Hup , listing , firm , debut , sustainable , growth , shares , rise , Lau , poultry ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
Inari switches gear to remain relevant
InNature diversifies into the F&B industry
New capacity in the pipeline
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Coordinated approach crucial to strengthen SMEs
CIMB Securities eyes larger market share

Others Also Read