Reach Ten makes a flat start, leads active stocks

From left: Lee Yoke Wah, associate director in M&A Securities Sdn Bhd; Danny Wong, deputy head of corporate finance; Wong Siew Si, independent director of Reach Ten Holdings; Vong Wan Yin, independent director; Lu Pak Lim, executive director; Leo Chin, managing director; Datuk Bill Tan, managing director of M&A Equity Holdings Bhd; Datin Sng Bee Seio, independent director of Reach Ten Holdings; Terence Goh, independent director; Gary Ting Hua Tai, head of corporate finance in M&A Securities Sdn Bhd

KUALA LUMPUR: The trading stock of Reach Ten Holdings Bhd made a flat start on its trading debut on the Main Market of Bursa Malaysia.

The Sarawak-based telecommunications service provider was unchanged from its initial public offering (IPO) price of 52 sen a share with 6.1 million shares traded as it commenced trading at 9am.