United Asiapac Energy debuts on ACE Market at 35 sen
United Asiapac Energy Bhd began trading on Bursa Malaysia's ACE Market on Monday, opening at its IPO price of RM0.35 with 2.38 million shares traded. The Sarawak-based well intervention services provider raised RM47.83 million from an IPO oversubscribed more than 21 times, giving it a market capitalisation of about RM192.5 million.