Jati Tinggi makes solid debut 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 closed its maiden trading day on the ACE Market of Bursa Malaysia at 31 sen, a 15% premium over its initial public offering (IPO) price of 27 sen a share.

The infrastructure utilities engineering solutions provider was the third- most actively traded counter with 141.8 million shares changing hands during trading hours.