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Bursa Malaysia ends morning session mixed

Coraza share price more than doubles on ACE Market debut

Coraza Integrated Technology Bhd made a stellar debut on Bursa Malaysia's ACE Market on Thursday (Jan 20), rising to as high as 70.5 sen for a premium of 42.5 sen or 152% over the initial public offering price of 28 sen.

IPO: Malaysia s IPO market defies equity bears, returns to pre-pandemic levels

AFTER a slowdown in 2020 because of the Covid-19 pandemic, the initial public offering (IPO) market in Malaysia recovered to pre-pandemic levels, registering 30 new listings this year from 19 last year. Bursa Malaysia statistics show that the number of IPOs was 58% more than in 2020, with total funds raised through fresh issuance of shares and offer-for-sale of equity shares by existing shareholders increasing by 30% to RM2.59 billion from RM2 billion last year.

Coraza shares oversubscribed

KUALA LUMPUR: Integrated engineering supporting services provider Coraza Integrated Technology Bhd’s initial public offering (IPO) for the public portion has been oversubscribed by 132.5 times.

ACE Market-bound Coraza IPO s Malaysian public portion oversubscribed by 132 5 times

Integrated engineering supporting services provider Coraza Integrated Technology Bhd said the Malaysian public portion of its initial public offering (IPO) was oversubscribed by 132.5 times.

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