KUALA LUMPUR: Snowfit Group Bhd, a provider of massage and wellness equipment, and musical instruments and accessories, made a positive debut on the LEAP Market of Bursa Malaysia Securities Bhd today, opening at 16 sen per share, a premium of four sen over its 12 sen reference price.
About 30,000 shares were traded at the opening bell.
The group’s listing was the 14th on Bursa Malaysia and the second on the LEAP Market for 2022.
Prior to the group's listing, 29 investors, including substantial shareholders, directors and key management personnel, subsscribed for 21.1 million new Snowfit's shares, representing 10 per cent of the company's enlarged issued share capital at a subscription price of 12 sen per share.
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