Mercury Securities debuts on ACE market at 8% premium

PETALING JAYA: Mercury Securities Group Bhd has made a slightly positive debut on Bursa Malaysia’s ACE Market today.

The group raised a total of RM39.27 million through the IPO, from which RM26.86 million of the IPO proceeds will be allocated for margin financing facility services. Another RM4.63 million is allocated for working capital causes and RM4.9 million for estimated listing expenses.

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