Crest rises 12.85% on ACE Market debut

From left: Crest Group independent non-executive director Moo Eng Thing, independent non-executive director Teo Yeling, executive director Yap Kian Meng, chairman Ahmad Tajudin Omar, executive director and group managing director Lim Siong Wai, executive director Ethan Au, MIDF Amanah Investment Bank Bhd CEO Datuk Dominic Silva, deputy CEO Datuk Seri Diraja Nur Julie Gwee Ariff and Crest Group independent non-executive director Ilham Fadilah Sunhaji

KUALA LUMPUR: Shares in Crest Group Bhd rose 12.85% as it commenced trading on the ACE Market of Bursa Malaysia, following a successful initial public offering (IPO) that raised RM45.75mil.

The trading stock of the semiconductor manufacturing solutions firm opened 4.5 sen higher to 39.5 sen a share.