SFP makes strong debut with prospects looking bright

SFP Tech Holdings Bhd founder and managing director Keoh Beng Huat (left) and Public Investment Bank Bhd chief executive officer Mr. Lee Yo-Hunn at the underwriting agreement signing ceremony of SFP Tech Holdings Bhd. - File pic

PETALING JAYA: SFP Tech Holdings Bhd made a strong debut on the local exchange yesterday with its maiden trading day share price closing at a 37 sen or 123% premium to its offer price of 30 sen a share.

The tech company’s share price hit a high of 70 sen and low of 59 sen in intraday trade before closing at 67 sen a share. The stock was the most actively traded counter on the exchange yesterday.