Topmix opens at 41 sen for 32.3% premium in debut on ACE Market

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

Sunbiz News

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

KUALA LUMPUR: Total surface decorative products company Topmix Bhd today debuted on the ACE Market of Bursa Malaysia Securities with its share price o...

Total surface decorative products company Topmix Bhd today debuted on the ACE Market of Bursa Malaysia Securities with its share price opening at 41 sen, representing a premium of 32.3% over the issue price of 31 sen, on volume of 12.249 million shares.

Topmix managing director Teo Quek Siang said, “Today marks a pivotal milestone for Topmix as we embark on a new chapter of growth as a publicly listed company. The success of our initial public offering underscores our commitment to propel Topmix forward, solidifying our group’s position in the surface decorative products market.”

“MFC provides a cost-effective option for furniture carcasses, while complementing our existing HPL surface decorative products. This allows us to offer customers complete, colour-coordinated products at competitive prices,” he said. Recognising the growth potential in the central region, Teo said, they are committed to serving the expanding demand for their product applications in both residential and commercial properties.

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
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

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 »

Kawan Renergy set to make ACE Market debut in second quarterPETALING JAYA: Engineering solutions provider Kawan Renergy Bhd has entered into an underwriting agreement with M&A Securities Sdn Bhd for its upcomin...
Source: theSundaily - 🏆 25. / 51 Read more »

ACE Market-bound Sin-Kung Logistics to raise RM26m from IPOKUALA LUMPUR: Integrated logistics service provider Sin-Kung Logistics Bhd expects to raise RM26 million from its initial public offering (IPO) en rou...
Source: theSundaily - 🏆 25. / 51 Read more »