Eckem debuts flat on ACE Market at 12 sen IPO price

From left: Eckem Holdings Bhd independent non-executive director Nurizan Jalil, Eckem independent non-executive director How Dai Koan, Eckem independent non-executive chairman Ng Moh Mang, Eckem managing director Tan Kwang Wah, Eckem executive director Tan Khai Jeik, M & A Securities Sdn Bhd managing director of corporate finance Datuk Bill Tan, M & A Securities deputy head of corporate finance Danny Wong and Eckem independent non-executive director Kok Kong Chin.

KUALA LUMPUR: Industrial chemical solutions provider Eckem Holdings Bhd debuted on Bursa Malaysia's ACE Market on Friday, opening unchanged at its initial public offering (IPO) price of 12 sen.

As at 9.58 am, the counter remained flat at 12 sen, with 42.5 million shares changing hands, making it the most actively traded stock on Bursa Malaysia.