EMS provider Betamek makes sterling debut on ACE Market

From left: Betamek executive director Muhammad Fauzi Abd Ghani, independent non-executive director Mohd Shahriman Mohd Sidek, independent non-executive director Azlina Abdul Aziz, independent non-executive chairman Ahmad Subri Abdullah, managing director Mirzan Mahathir, M&A Securities managing director of corporate finance Datuk Bill Tan, Betamek independent non-executive director Yap Suan See and M&A Securities head of corporate finance Gary Ting

KUALA LUMPUR: Electronics manufacturing services (EMS) provider Betamek Bhd makes a strong debut on the ACE Market, and closes at 71 sen, or 42% higher than its initial public offering (IPO) price of 50 sen.

Betamek’s stock was also the most actively traded counter, with 260.459 million shares traded.