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WEGMANS HOLDINGS BERHAD IPO PROSPECTUS LAUNCH
Wegmans Holdings Berhad (“Wegmans”) successfully listed on the ACE Market of Bursa Malaysia Securities Berhad this morning. Wegmans’ shares debuted at an opening price of RM0.305, representing a 5% premium compared with its IPO price of RM0.29 with an opening volume of approximately 9 million shares. Wegmans is an investment holding company whilst its wholly-owned subsidiary, namely Wegmans Furniture Industries Sdn Bhd (“Wegmans Furniture”) (collectively known as “the Group”) is a home furniture manufacturer, principally involved in the design, manufacture and sale of home furniture products.
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