KUALA LUMPUR: SKA Capital Bhd made a strong debut on the ACE Market on Wednesday, with its share price surging 18.6 per cent above its initial public offering (IPO) price, signalling strong investor appetite for the electrical engineering firm.
The counter opened at 51 sen, eight sen or 18.6 per cent higher than its IPO price of 43 sen per share, before extending its gains to hit an intraday high of 57.5 sen.
More to come