Nestcon makes firm debut on ACE market


Nestcon Bhd's virtual listing ceremony. From left to right are Gary Ting, head of corporate finance of M&A Securities Sdn Bhd; Datuk Bill Tan, managing director of corporate finance of M&A Securities Sdn Bhd; Datuk Dr Lim Jee Gin, group managing director of Nestcon Bhd; Ong Yong Chuan, executive director of Nestcon Bhd; Lim Joo Seng, finance director of Nestcon Bhd and Kelvin Khoo Chee Siang, managing director of Eco Asia Capital Advisory Sdn Bhd. Note: This photo was created digitally in adherence to SOPs during the FMCO)

PETALING JAYA: Building and infrastructure construction services provider Nestcon Bhd made a firm debut on the ACE Market of Bursa Malaysia, rising to a high of 37 sen.

It opened at 30 sen, two sen or 7.1% above its offer price of 28 sen, with a volume of 28.4 million shares. The counter closed at 32 sen a share yesterday.

Limited time offer:
Just RM5 per month.

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RM13.90/month
RM5/month

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Annual Plan

RM12.33/month

Billed as RM148.00/year

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Nestcon , IPO , ACE Market

   

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