KUALA LUMPUR: Home furniture manufacturer Mobilia Holdings Bhd
made a strong debut on Bursa Malaysia’s Ace Market yesterday as it opened at 65 sen – a premium of 42 sen from its offering price of 23 sen.
At the opening bell, the company saw 17.07 million of its shares changing hands.
Business development manager Ervin Quek Yan Song said the company is optimistic about its prospects due to its competitive strength and the resilient home furnishing market as home furniture continues to be sought after globally in line with the growing demand for housing.
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