KUALA LUMPUR (Jan 6): Supergenics Bhd made its LEAP market debut with12.5% premium over its indicative Intial public offering price (IPO) of 20 sen per share.

Upon market open, the counter rose by 12.5% or 2.5 sen to 22.5 sen.

A total of 700 Supergenics shares were traded when the market opened today.

It is the first listing for Bursa Malaysia in 2020.

Supergenics’ stock code on Bursa Malaysia is 03033. 

The group’s IPO consists of 25 million new public shares resulting in an enlarged share capital of 93 million shares.

The indicative price for the IPO was 20 sen a share, giving it market capitalisation of RM18.6 million