Promising sign for IPO market

TheStar Sat, Jul 21, 2018 10:11am - 5 years View Original


IPO buzz: Revenue and Nova Wellness made their debuts on the Ace Market of Bursa Malaysia.

IPO buzz: Revenue and Nova Wellness made their debuts on the Ace Market of Bursa Malaysia.

The successful debut performance of Revenue and Nova Wellness bodes well for the market

TWO companies which made their debuts on the stock exchange this week could be the cue that the initial public offering (IPO) market has come back with a vengeance after a slow start to the year.

Revenue Group Bhd and Nova Wellness Group Bhd both traded above the eventual offering price in the first few hours or days of trading.

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Related Stocks

BURSA 7.470
MI 1.790
NOVA 0.520
PRESTAR 0.475
REVENUE 0.185
RGTECH 0.320

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