SSF Home makes flat debut on ACE Market

SSF Home Group Bhd 's initial public offering has been oversubscribed by 8.25 times and will utilise its RM50mil proceeds for capital expenditure, start-up costs, repayment of bank borrowings, marketing activities, general working capital and listing expenses. — LOW BOON TAT/THE STAR

PETALING JAYA: SSF Home Group Bhd is expressing confidence in the home furnishings retail industry in Malaysia after its debut on the ACE Market of Bursa Malaysia yesterday.

The company’s shares were flat with an opening price of 25 sen on volume of 15.9 million.