Oxford Innotech spikes 24% in trading debut


From left: Kaoy Lay Min, independent director of Oxford Innotech; Puan Che Rogayah Sudin, independent director; Khoo Lay Tatt, independent director; Lee Lai Chan, executive director; Ng Thean Gin, managing director; Hari Narayanan P.Ondiveeran, independent chairman; Oh Yen San, executive director; Teh Teng Wah, executive director; Lim Chia Wei, managing director of Malacca Securities Sdn Bhd; Datuk Kenny Yong, director, corporate and institutional coverage of Kenanga Investment Bank Bhd; Wong Yoke Nyen, managing director of WYNCORP Advisory Sdn Bhd

KUALA LUMPUR: Shares in Oxford Innotech Bhd saw a 24% price jump as it made a successful debut on the ACE Market of Bursa Malaysia.

The Penang-headquartered engineering firm debuted at 36 sen a share, a seven sen increase over its initial public offering (IPO) price of 29 sen a share.

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Oxford Innotech , IPO , ACE Market , engineering , debut

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