Steel Hawk leaps 100% on ACE Market debut


KUALA LUMPUR: Steel Hawk Bhd's share price doubled in value as it commenced trading on the ACE Market of Bursa Malaysia following an initial public offering (IPO) that raised RM13.5mil.

Shares in the oil and gas services and equipment provider jumped to 30 sen a share, a 100% increase over the IPO price of 15 sen a share

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Steel Hawk , oil and gas , ACE Market , listing , IPO

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