Big day: (from left) TCS non-executive director Ooi Guan Hoe, executive director Datin Koh Ah Nee, Tee, non-executive director Datuk Seri Mohamad Othman Zainal Azim and chairman Tan Sri Izzuddin Dali at the listing ceremony at Bursa Malaysia.
KUALA LUMPUR: TCS Group Holdings Bhd
made a stellar debut on the Ace Market yesterday, closing 96% higher at 45 sen compared to its initial public offering (IPO) price of 23 sen.
The construction services provider, which listed its shares at an undemanding price-earnings (PE) multiple of 5.75 times, has future plans to further grow its building construction activities and expand into the infrastructure construction services.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
