Cnergenz makes debut on ACE Market at 60.5c a share

From left: Cnergenz independent non-executive director Yeat Soo Ching, independent non-executive director Alwizah Al-Yafii Ahmad Kamal, UOB Kay Hian Securities CEO David Lim, Cnergenz CEO and executive director Lye Yhin Choy, COO and executive director Kong Chia Liang, independent non-executive chairman Datuk Azman Mahmud, chief corporate officer and executive director Lye Thim Loong and independent non-executive director Ooi Ley Ching

KUALA LUMPUR: Electronics manufacturer Cnergenz Bhd made its debut on the ACE Market of Bursa Malaysia at 60.5 sen a share, which was a 2.5 sen or 4.31% premium over the initial public offering (IPO) price of 58 sen a share.

“I am confident that Cnergenz will continue its growth trajectory, enhancing its market presence and operations through its future expansion and development plans.