Ecomate makes stellar debut on ACE Market, hits high of 70.5 sen

Ecomate managing director Jason Koh Jian Hui (fourth from left) and executive director Koh Cheng Huat (fourth from right) with the board of directors and representatives from M&A Securities Sdn Bhd at the listing ceremony on Monday.

KUALA LUMPUR: Muar-based ready-to-assemble (RTA) furniture specialist, Ecomate Holdings Bhd made a strong debut on the ACE Market on Monday, rising to a high of 70.5 sen.

At 70.5 sen, this was 37.5 sen or 113% above its offer price of 33 sen.