Sizzling start for Pekat Group as it surges to high of 93 sen

First row: Pekat Group managing director Chin Soo Mau and executive director Tai Yee Chee. Second row: Group CEO of Hextar Group Datuk Eddie Ong and Pekat Group executive director Wee Chek Aik. Third row: M&A Securities Sdn Bhd head of corporate finance Gary Ting and M&A Securities managing director of corporate finance Datuk Bill Tan.

KUALA LUMPUR: Solar photovoltaic (PV) and earthing and lightning protection (ELP) specialist Pekat Group Bhd made a very strong debut on the ACE Market on Wednesday and surged to a high of 93 sen in early trade.

It opened at 86 sen, which was 54 sen above its offer price of 32 sen.