Hi Mobility moves up a gear

Chern Chuen: This is the right time to realise synergies and allow shareholders to tap into growth in the sector.

WHEN HI Mobility Bhd went public, the Lim family, led by tycoon Lim Han Weng, offered investors exposure to a fast-growing bus operations business.

That has paid off, with the stock trading at RM2.23 at press time, up from its initial public offering (IPO) price of RM1.22. It had also hit a high of RM2.88 at one point.