MyKRIS up 15% on ACE Market debut

TheEdge Thu, Oct 04, 2018 09:26am - 5 years View Original


KUALA LUMPUR (Oct 4): MyKRIS International Bhd, which made its debut on the ACE Market of Bursa Malaysia today, rose 15% in early trade this morning.

At 9am, MyKRIS rose 3 sen to 23 sen with 50,000 shares traded.

MyKRIS is making a public issue of 43.378 million new shares of 10 sen each comprising 10 million shares for application by the public, 30 million shares by way of private placement to identified investors and 3.378 million shares for employees and business associates.

Primarily a managed ISP providing secure wireless Internet access services, MyKRIS’ core revenue is derived from its managed ISP operations and providing its proprietary web-based application software.

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