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OCK Group surges on KL listing debut (0172)

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OCK Group surges on KL listing debut (0172)

Post by hlk Tue 17 Jul 2012, 14:28

OCK Group Bhd, a telecommunications network services provider, surged 21 percent to 43.5 sen in first trading day after selling shares in an initial public offering at 36 sen each.

The stock has a fair value of 40 sen, Lim Tee Yang, an analyst at RHB Capital Bhd., wrote in a report yesterday. -- Bloomberg

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