Sin-Kung Logistics makes flat debut on ACE Market

TheStar Thu, May 16, 2024 12:00am - 1 month View Original


From left: Sin-Kung Logistics independent director Datuk Haji Abdul Wahabi Abdullah, director Datuk Md Hassim Pardi, independent director Adam Muralidharan Abdullah, independent director Datuk Hj Mohamad Dalib, managing director Alan Ong, executive director Angeline Ong, chairwoman Tan Soo Mooi, executive director Adeline Ong, independent director Lee Lean Suan, general manager Adeline Ong, M&A Equity Holdings Bhd managing director Datuk Bill Tan and M&A Securities Sdn Bhd head of corporate finance Gary Ting.

KUALA LUMPUR: Sin-Kung Logistics Bhd made a flat debut on the ACE Market, opening at 13 sen per share, unchanged from its initial public offering (IPO) price.

The share price of the integrated logistics service provider closed at 14 sen with an intra-day high of 15.5 sen.

It was also the most active stock with 394 million shares changing hands.

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