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3REN climbs 20% on ACE Market debut

The Star LogoThe Star2w ago

3REN climbs 20% on ACE Market debut - The Star

Quick Summary:

KUALA LUMPUR: Automation solutions and engineering services provider 3REN Bhd opened 19.6% higher on the ACE Market following a successful initial public offering (IPO) that raised RM30.8mil.

The remainder of the proceeds will go towards repaying borrowings and listing-related expenses.

The share opened for trading at 33.5 sen, a 5.5 sen increase over its IPO price of 28 sen.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 10:32:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 150 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23440301

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "3REN climbs 20% on ACE Market debut" has 150 words across 7 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "3REN climbs 20% on ACE Market debut" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 48 news stories per day.

It's most recent story was published 1 hours ago.

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  • News ID: #23440301
  • URL: https://beamstart.com/news/3ren-climbs-20-on-ace-17308608536760

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