Jati Tinggi makes its debut at 30.5 sen on ACE Market

From left: Jati Tinggi chief financial officer Lee Tuck Wai, independent non-executive director Datuk Lim Yew Soon, independent non executive director Poon Lai Kit, executive director and COO Chin Jiunn Shyong, independent non-executive chairman Datuk Mohd Aminuddin Mohd Amin, managing director Datuk Seri Lim Yeong Seong, TA Securities executive director of dealing Datuk Hamzah Mohd Tahir, independent non-executive director Loo May Len, vice-president of corporate finance Vivien Hooi and Jati Tinggi commercial senior manager Teo Swee Hing

KUALA LUMPUR: Jati Tinggi Group Bhd made its debut on the ACE Market of Bursa Malaysia at 30.5 sen, a 13% premium over its initial public offering (IPO) price of 27 sen a share.

As at 10.40am, the trading stock of the infrastructure utilities engineering company was up five sen or 18.52% to 32 sen, and was Bursa Malaysia's most actively traded counter with 121.82 million shares exchanging hands.