Oxford Innotech soars 24% in ACE Market 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.

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

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.