SBH Marine makes strong ACE Market debut

SBH Marine Holdings Berhad company’s listing ceremony and press conference for its listing on the ACE Market of Bursa Malaysia Securities Berhad. —YAP CHEE HONG/The Star

KUALA LUMPUR: SBH Marine Holdings Bhd has made a strong debut on the ACE Market, opening at 25.5 sen per share, or 16% above its initial public offering price of 22 sen.

The share price of the frozen seafood producer closed at 25.5 sen, off an intra-day high of 27.5 sen.