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GB Bond falls 8% after opening above IPO price on ACE Market debut

KUALA LUMPUR: GB Bond Holdings Bhd fell below its initial public offering (IPO) price on its ACE Market debut on Wednesday, after opening at a 2% premium.

The Star MalaysiaThe Star查看原文 ↗
GB Bond在创业板首日开盘价高于IPO价格后下跌8%。

KUALA LUMPUR: GB Bond Holdings Bhd fell below its initial public offering (IPO) price on its ACE Market debut on Wednesday, after opening at a 2% premium.

The Penang-based industrial adhesives manufacturer was trading at 23 sen as at 10.23am, down two sen or 8% from its IPO price of 25 sen. It was among the most actively traded counters, with 13.14 million shares changing hands.

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