Stellar debut for Optimax


Listing of Optimax Holdings Berhad on the ACE Market. From left: Optimax Holdings Berhad directors Yap Eng Gee and Yap Ping Hong, chairman Tan Sri Dr Ahmad Tajuddin Ali, founder and director Tan Sri Tan Boon Hock, substantial shareholder Puan Sri Lim Sho Hoo, CEO Sandy Tan and chief finance officer Michelle Tan.

KUALA LUMPUR: Optimax Holdings Bhd made a strong debut on the ACE Market on Tuesday, closing 128% higher at 68.5 sen compared to its initial public offering (IPO) price of 30 sen.

Its share price also hit an intraday high of 76 sen. It was also among the top 20 most actively traded shares, with some 106.9 million shares traded.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Metal markets rush to adjust to clampdown
Apple’s US$1bil outlay may be a fleeting win
Nestl� Malaysia expands green programme to Sabah with partners
Google offers to loosen search agreements
Tether sees US$10bil in net profits for 2024
Qualcomm wins key chips trial against Arm
Higher gold prices expected to boost Malaysia’s exports
Demand for property to remain steady in 2025
Painting a brighter future
China property flare-ups resurface as crisis enters its fifth year

Others Also Read