EPB Group Berhad Debut on the ACE Market with a 16 . 07 % Premium Opening Price of RM0 . 65
The first public offering of a Malaysian food processing and packaging machinery provider has opened at the lowest price of the stock market in more than two decades, according to analysts and business leaders. They have announced their first shares in the Stock Exchange (IPO) in August 2024 - which is expected to be worth about $40m (£.). () The IPO has been released by Malaysia s EPB Group Berhad, the company behind the group of companies, has launched its debut on the Ace Market of Bursa Malaysia stock markets in July, and it has raised up to $38m in public interest. The company has said it will become the first company to sell its stocks in Malaysia, as it stood up for the second time since the launch of an early public market. A joint venture between the two companies has seen another successful acquisition of land, construction and construction of factory expansion and investment in its latest financial partnership. Here is the full list of business investors, who are among the firms involved in this huge increase in profits from the public, with earnings of nearly half the value of its initial public launch, but it is now being auctioned on Bursa Stocks (NYSE) on Thursday, August 23, 2026. So what does this mean for Malaysia’s business? Why is it likely to launch its first private selling of this year? What would it mean to the market for those who want to buy food manufacturing lines and how it can operate.
Source: jcnnewswire.comPublished on 2024-08-23
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