Empire Sushi owner opens with 57% premium on Main Market debut

KUALA LUMPUR (April 17): Empire Premium Food Bhd (KL:EMPIRE) was up 57% on the opening bell in its Friday trading debut on the Main Market of Bursa Malaysia.

KUALA LUMPUR (April 17): Empire Premium Food Bhd (KL: EMPIRE ) was up 57% on the opening bell in its Friday trading debut on the Main Market of Bursa Malaysia. The operator of Empire Sushi takeout chain opened at RM1.10 compared to its initial price offering (IPO) price of 70 sen per share. Empire Premium then climbed to as high as RM1.21 and was trading at RM1.05 at 9.20am, after more than 137 million shares changed hands. At the last price, the company had a market capitalisation of about RM1.2 billion. More to come Read also: Empire Premium Food logs RM14.6m quarterly net profit ahead of Main Market debut Empire Sushi chain owner’s IPO shares ...