PETALING JAYA: Integrated engineering supporting services provider UWC Bhd made a strong debut on the Main Market of Bursa Malaysia, opening at RM1.10, which was 26 sen above its offer price of 82 sen.The stock closed up 58 sen at RM1.40 with 200 million shares done, making it the best-performing stock on its trading debut so far this year.
UWC is riding on the wave of the Internet of Things (IoT) and 5G wireless broadband technology, as well as the Internet of Medical Things (IoMT) as the group sees growth opportunities from these areas.