Solar District Cooling jumps 31.5% on first day of ACE trading


From left: SDCG independent non-executive director Wong Poh May, independent non-executive director Wong Kei Fai, independent non-executive director Raja Nor Azlina Raja Azhar, managing director Edison Kong, executive director Eileen Liuk, independent non-executive chairman Khairul Azmy Kamaluddin and Mercury Securities Sdn Bhd managing director Chew Sing Guan

KUALA LUMPUR: Shares in Solar District Cooling Group Bhd (SDCG) climbed 31.58% upon its debut on the ACE Market of Bursa Malaysia, following an intial public offering (IPO) that raised RM45.09mil.

The company, which supplies building management systems (BMS), solar thermal systems and energy saving services, saw its stock hit the market at 50 sen a share, a 12 sen premium to its IPO price.

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

Next In Business News

Port Klang, PTP set new container handling records in 2025
Ringgit ends firmer vs greenback, major currencies on first trading day of 2026
Suria Capital appoints Ahmad Rizal to group MD
Profit-taking drags on Bursa Malaysia on first day of 2026 trading
Enra inks JVs to develop RM101.26mil GDV of residential homes in Kulai
Vetece unit to provide HCM cloud software for RM12.6mil
Britain's FTSE-100 index hits 10,000 mark for first time
Bursa Malaysia derivatives hit annual volume high for 2nd consecutive year
PUNB appoints Rastam Mohd Isa as new chairman
Hong Kong stocks start 2026 strong on tech rally

Others Also Read