Sik Cheong makes strong debut on ACE Market


KUALA LUMPUR: Refined, bleached and deodorised (RBD) palm olein product supplier Sik Cheong Bhd makes its debut on the ACE Market of Bursa Malaysia at 50 sen, representing an 85.2% premium over its initial public offering (IPO) price of 27 sen.

At 9am, the counter saw 8.2 million shares changing hands.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read