TMD Energy debuts on NYSE American

The company said its share price opened at US$3.26 on its debut on Monday. — Reuters

KUALA LUMPUR: Integrated marine bunkering services provider TMD Energy Ltd began trading on the NYSE American under the ticker symbol “TMDE”, becoming the first Malaysian marine bunker supplier to list on a major US exchange.

TMD Energy, which is based in Malaysia and Singapore, is a part of Straits Energy Resources Bhd – a Fortune South-East Asia 500 company listed on Bursa Malaysia’s ACE Market.