RichTech shares surge 200% on trading debut

From left: RichTech Digital senior independent non-executive director Koon Wan Kan, independent non-exucutive director Yeoh Jie Hu, independent non-executive director Tan Yeon Kieng, executive director Agnes Wong Eei Nien, managing director Lee Teik Keong, substantial shareholder Yau Ming Teck, independent non-executive chairman Wong Koon Wai, KAF Investment Bank Bhd co-head and corporate finance director Ahmad Fazlee Aziz and corporate finance director Yap Chin Fatt

PETALING JAYA: RichTech Digital Bhd’s shares soared by a premium of 200% up to 75 sen as it commenced trading on the ACE Market of Bursa Malaysia.

This was an increase from its initial public offering (IPO) price of 25 sen apiece.