Pekat makes strong Bursa debut

From the left: M&A Securities Sdn Bhd head of corporate finance Gary Ting; Hextar Group of Companies group chief executive office Datuk Eddie Ong; Pekat Group Bhd managing director Chin Soo Mau; Pekat Group Bhd executive director Tai Yee Chee ; Pekat Group Bhd executive director Wee Chek Aik; M&A Securities Sdn Bhd managing director of corporate finance Datuk Bill Tan

PETALING JAYA: Solar photovoltaic (PV) and earthing and lightning protection (ELP) specialist Pekat Group Bhd made a firm debut on the Ace Market of Bursa Malaysia yesterday, rising to a high of 93 sen.

It opened at 85 sen, or 52 sen above its offer price of 32 sen, and closed at 81.5 sen.