KUALA LUMPUR: Ace Innovate Asia Bhd (AIAB) made its debut on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform Market (LEAP) today (Jan 7) at 27 sen, a premium of one sen above its issue price of 26 sen.
The company, principally involved in bullion trading of physical gold products, is the second company to be listed on the local bourse this year.
It raised total gross proceeds of RM10.14 mil from the placement of 39.0 million new shares, which represented 13% of the company’s enlarged share capital.
There were 500 shares recorded at the opening bell. – Jan 7, 2020, Bernama
