Aurelius Technologies falls below IPO price for first time
KUALA LUMPUR (March 8): Aurelius Technologies Bhd's stock fell below its initial public offering (IPO) price for the first time, 82 days after going public.
The company dropped 6.2% to RM1.35.
Aurelius Technologies began trading on Dec 16, 2021 after selling 104 million shares at RM1.36 each for a total of RM141 million.
Maybank Investment Bank Bhd managed the IPO.
Since the initial sale, the stock traded as high as RM2.88 on Jan 10.
Aurelius Technologies has a current market value of RM484 million.
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