Market ascribes higher fair value for Sorento’s IPO


PETALING JAYA: Ahead of Sorento Capital Bhd’s ACE Market listing this month, analysts have ascribed higher fair values for the stock compared with its initial public offering (IPO) price of 37 sen.

In a non-rated report, TA Research set the fair value at 42 sen, representing a premium of 13.5%.

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Sorento Capital , ACE Market , IPO

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