Synergy House makes ACE Market debut at 38 sen/share

From left: Synergy House independent non-executive director Yong Kim Fui, independent non-executive director Lieu Pei Yee, non-independent executive director Teh Yee Luen, non-independent executive director Tan Eu Tah, independent non-executive director Yew Yong Ling and independent non-executive chairman Mok Juan Chek

KUALA LUMPUR: Synergy House Bhd made its debut on the ACE Market of Bursa Malaysia at 38 sen a share, which was five sen or 11.63% lower than its initial public offering (IPO) price of 43 sen a share.

The stock was the most active in early trade, with 50.5 million shares crossing within the first half-hour of trading.