MYMBN shares take flight on ACE Market debut

MYMBN non-independent non-executive chairman Liw Chong Liong (fifth from left) and non-independent executive director and CEO Lavernt Chen Vun Wo (sixth from left) with other members of the company's board of directors and management, Mercury Securities managing director Chew Sing Guan (second from right) and co-head of corporate finance Eric Chong Soo Keng (far right)

KUALA LUMPUR: The trading stock of bird's nest processor Mymbn Bhd started at 28 sen a share on its trading debut, representing a seven sen or 33% increase over its initial public offering price of 21 sen a share.

The share, which was listed today on the ACE Market, was one of the most actively traded on Bursa Malaysia with 9.21 million shares done at the opening bell.