KUALA LUMPUR (Feb 8): Serba Dinamik Holdings Bhd shares rose as much as nine sen or 6% on the engineering solutions group's debut on Bursa Malaysia today. Serba Dinamik shares rose to their highest so far today at RM1.59 from its initial public offering (IPO) price of RM1.50 each. At 11:30am, the stock was traded at RM1.53 with some 43 million shares transacted to become Bursa Malaysia's most-active stock. Earlier, Serba Dinamik shares opened at RM1.54 at 9am. At its IPO share price of RM1.50, Serba Dinamik has a market capitalisation of RM2.01 billion based on the company's issued base of 1.34 billion shares.

Source: The Edge Markets February 08, 2017 04:07 UTC