Autocount opens at more than triple IPO price

KUALA LUMPUR: Autocount Dotcom Bhd made its debut on the ACE Market of Bursa Malaysia at RM1.09 a share, representing a 76 sen premium or 230.3% increase over its initial public offering (IPO) price of 33 sen a share.

The stock was the most actively traded on the market in the early morning session, with 165 million shares crossing hands as at 9.45 am.