कोशिश गोल्ड - मुक्त
Oriental Kopi plans more cafes as IPO doubles on market debut in Malaysia
The Straits Times
|January 24, 2025
Shares of Oriental Kopi Holdings took off on their debut on Bursa Malaysia on Jan 23, opening at almost double their initial public offering (IPO) price on heavy buying interest.
The cafe chain operator, which listed on Bursa Malaysia's Ace Market for growth companies, opened at 81 Malaysian sen compared with its IPO price of 44 sen.
The shares hit an intra-day high of 99 sen before closing at 87.5 sen, valuing the company at around RM1.75 billion (S$534 million).
It was the most actively traded stock on Bursa Malaysia for the day, with more than 828.7 million shares traded.
Oriental Kopi raised gross proceeds of around RM184 million. Half is earmarked for setting up a new head office, central kitchen and warehouse in Selangor, and to double the number of cafes it owns and operates in Malaysia to 28 by 2026.
यह कहानी The Straits Times के January 24, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
The Straits Times से और कहानियाँ
The Straits Times
Koh Poh Koon resigns from political office for family reasons
Senior Minister of State for Manpower and Health will stay on as Tampines MP
5 mins
May 23, 2026
The Straits Times
LTA probe ongoing; improvements to be made 'as needed' to boost safety
An official probe is under way into safety measures and processes concerning responses to incidents, after a man fell onto the LRT tracks in Bukit Panjang and died.
3 mins
May 23, 2026
The Straits Times
Will the real car owner please stand up?
Sometimes, it seems that being financially responsible is not rewarded.
3 mins
May 23, 2026
The Straits Times
TRAINING SMARTER
Can a device replace your dumbbells? Digital gyms are gaining traction among space- and time-constrained fitness enthusiasts
8 mins
May 23, 2026
The Straits Times
Aidil's self-belief key to Kuching's stellar season
Eight years since leaving Singapore to coach overseas, Aidil Sharin has continued to enhance his resume with a series of achievements.
2 mins
May 23, 2026
The Straits Times
Simba-M1 merger is off, but industry consolidation will come
The much-anticipated Simba Telecom-M1 merger is dead.
5 mins
May 23, 2026
The Straits Times
Iran propaganda push seeks to project unity despite dire internal situation
Iran’s leaders are splashing propaganda posters across Tehran boasting of national unity and victory over a global superpower, just months after crushing protests with mass killings and as war worsens economic pain for their people.
3 mins
May 23, 2026
The Straits Times
Russia's Putin faces domestic headwinds, but maintains grip on power
No clear rival in sight as his approval rating hits three-year low and economy shrinks
2 mins
May 23, 2026
The Straits Times
Pfizer triumphs in Singapore trademark dispute with Merck
Pharmaceutical giant Pfizer has successfully defended its Singapore trademark application for a vaccine brand after its bid was opposed by German drugmaker Merck KGaA, which claimed visual similarities to one of its drug brands.
2 mins
May 23, 2026
The Straits Times
Rescue and relief efforts intensified in southern China
Emergency responders have intensified rescue and evacuation efforts across southern China as the impact of days of record-breaking rainfall in parts of the country continues to unfold, with flood threats, infrastructure damage and transportation disruptions persisting across several regions.
2 mins
May 23, 2026
Listen
Translate
Change font size

