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Monday, 18 April 2011

0169 SMARTAG surged on 1st day of listing



0169 SMARTAG debuts in KLSE with a 6.5 cents premium on 18th April, 2011. It has been the most actively traded share for the day, with 1,245,944 shares being traded (2.65x more than the 2nd most actively traded share, DBE) throughout the day. The share closed at RM0.38, having a 22.58% premium over the listing price of RM0.31.

Looks like all the IPOs for 2011 had stayed positive throughout the 1st trading day, which suggest that subscribing to IPO is an almost sure win bet.


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Chitika