Siab makes debut on ACE Market at 31c/share

From left: Siab Holdings Bhd independent non-executive director Andrea Huong Jia Mei, executive director Cheryl Tan Sok Moi, executive director Meryl Lim Mei Hwee, managing director Ng Wai Hoe, independent non-executive chairman Tan Sri Mohamad Fuzi Harun, independent non-executive director Datuk Sri Shahril Mokhtar and independent non-executive director Datuk Lim Tong Lee at the ACE Market listing ceremony

KUALA LUMPUR: Siab Holdings Bhd opened for trading at 31 sen a share, representing a one sen premium above its issue price upon its debut on the ACE Market of Bursa Malaysia.

At 10.52am, shares in the building construction services provider were trading two sen or 6.67% higher at 32 sen a share on the back of 147.8 million units, making it the most actively traded counter on the market.