KUALA LUMPUR: MTT Shipping and Logistics Bhd slipped below its initial public offering (IPO) price on its market debut, turning underwater after an initially firm start.
The counter opened at RM1.08, above its IPO price of RM1.03, with an opening volume of 12.9 million shares. It hit an early high of RM1.08 and a low of RM1.04 within minutes of trading before ending the session with an intraday low of 99.5 sen.
