RT Pastry opens lower in ACE Market debut
Bakery chain RT Pastry Holdings saw its shares fall 11.1% below its IPO price during its debut on the Bursa Malaysia ACE Market. Despite strong pre-listing interest, the stock struggled amid broader market volatility linked to geopolitical tensions.
Why it matters
The debut reflects current market sensitivity to global instability and the challenges faced by small-cap IPOs in a cautious investment climate.
BURSA SGX Home New Listing Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (June 29): RT Pastry Holdings Bhd (KL: RT ) ended its first trading day on the ACE Market below its initial public offering (IPO) price amid broader market weakness.
The article provides a straightforward financial report on market performance and company background.
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