Keyfield opens at RM1.70 for 89% premium in debut on Main Market

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Gloria Harry Beatty News

United States United States Latest News,United States United States Headlines

KUALA LUMPUR: Keyfield International Bhd made its debut on the Main Market of Bursa Malaysia Securities today, opening at RM1.70 per share, representi...

From left: Keyfield International directors Chia Chee Hoong, Lim Chee Hwa, Julannar Abdul Kadir, group COO Mohd Erwan Ahmad, Kee, chairperson Haida Shenny Hazri, Bursa Malaysia CEO Datuk Muhamad Umar Swift, M&A Equity Holdings Bhd managing director Datuk Bill Tan, Maybank investment banking group group CEO Michael Oh-Lau and M&A Securities Sdn Bhd corporate finance head Gary Ting at the listing ceremony.

In addition, RM26.6 million has been earmarked to repay bank borrowings, for working capital and listing-related expenses. “With our fleet of 11 Malaysian-flagged vessels and access to third-party vessels, Keyfield is well-positioned to support the local oil and gas industry,” he told reporters during a press conference after its listing ceremony.) has been acquired in January. So we're still looking at negotiating and considering the right vessels to acquire or to ,” he said.

“Some of the vessels are for four to six months, so we plan for jobs in the months of July or August. We are also continuously seeking third-party vessels and also for overseas vessels where we try to convince them to charter to Malaysia,” he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US is Taiwan’s main export marketTAIPEI: The United States has topped long-time leader China as Taiwan’s main export market for four consecutive months due to a surge in demand for microchip products and AI technology, Taipei’s Finance Ministry said Friday.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »

NationGate seeks to transfer listing to the Main MarketPerak's old mining town of Gopeng’s biggest draw is its natural beauty, and the town is ideal for adventurers who love nature explorations.
Source: staronline - 🏆 4. / 75 Read more »

Zantat opens at 40 sen, 60% above offer price, in ACE Market debutKUALA LUMPUR: High-grade calcium carbonate producer Zantat Holdings Bhd made its debut on the ACE Market of Bursa Malaysia Securities today, opening a...
Source: theSundaily - 🏆 25. / 51 Read more »