Baba Eco Group opens at 16 sen on LEAP Market


KUALA LUMPUR: Baba Eco Group Bhd made a steady debut on the LEAP Market of Bursa Malaysia on Monday, opening at 16 sen, or three sen above its offer price of 13 sen.

At 9.03am, it was trading at 16 sen with 130,500 shares done.

The FBM KLCI was down 1.83 points or 0.11% to 1,656,36. Turnover was 95.45 million shares valued at RM24.68mil. There were 123 gainers, 51 losers and 180 counters unchanged.

Under its listing exercise, it offered 27.50 million new shares at an issue price of 13 sen each.

It provides gardening supplies under the Baba brand name, manufactures and trades in biodegradable flower pots, planting media, and other plastic-injection-moulding products.

 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

Baba Eco , LEAP market , IPO

   

Next In Business News

ViTrox optimistic on semiconductor sector growth
Pavilion REIT’s 1Q net profit rises to RM83.2mil
Martijn Rene van Keulen to helm Heineken Malaysia from July 1
OCK proposed RM500mil ICP programme
Profit-taking in the market, KLCI down 0.14%
EPF balancing between retirement mandate and supporting members' economic survival
Asian stocks hit by US tech slide, FX subdued
CelcomDigi emphasises its significant role in protecting customers from AI-related risks
China's largest auto show showcases all-electric future, local brands dominate
Unilever beats first quarter sales forecasts, sticks to 2024 outlook

Others Also Read