Senheng debuts 15.89% lower at 90 sen/share on Bursa

L to R: Mercury Securities Sdn Bhd head of corporate finance Denis Lim Seng Huat, Senheng New Retail Bhd non-independent non-executive director Lim Kim Yew, executive chairman Lim Kim Heng, president Lim Kim Chieng and Mercury Securities managing director Chew Sing Guan at Senheng's listing ceremony

KUALA LUMPUR: Senheng New Retail Bhd opened at 90 sen a share on its debut on the Main Market of Bursa Malaysia, which was 17 sen or 15.89% below its its initial public offering price of RM1.07.

At 11.25am, the stock was trading 16.36% or 17.5 sen lower at 89.5 sen apiece on the back of 124.73 million shares traded.