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KUALA LUMPUR: The trading stock of Cape EMS Bhd plunged to historically low trading levels on Tuesday after it posted sharply lower earnings for the fourth quarter of its 2023 financial year (4QFY23).
KUALA LUMPUR: Cape EMS Bhd is acquiring 50,072 common stock in the United States (US)-based company iConn Inc, representing all the issued capital stock worth approximately RM76.6 million.
Malaysian EMS provider Cape EMS ended its debut in the Main Market of Bursa at RM1.50 ($0.33), representing a premium of 67% over its IPO price of 90 sen ($0.002).
PETALING JAYA: Cape EMS Bhd’s initial public offering (IPO) has been oversubscribed by 17.82 times ahead of its listing on the Main Market of Bursa Malaysia on March 10.
KUALA LUMPUR: Electronics manufacturing services (EMS) provider Cape EMS Bhd plans to raise RM155.7mil via its initial public offering (IPO) to fund its expansion plans.