KUALA LUMPUR: Eco World International Bhd (EWI) made a firm debut on the Main Market of Bursa Malaysia today.
It opened at RM1.31, which is 11 sen above its offer price of RM1.20, with about 14.29 million shares changing hands.
Its warrants opened at 30.5 sen, with 4.12 million shares done.
EWI's initial public offering (IPO) is the largest listing in Malaysia since June 2015, with total proceeds of RM2.58 billion raised.
Its IPO was anchored by two strategic investors – Eco World Development Group Bhd and GuocoLand Ltd, with 27 per cent stakes each.
Its cornerstone investors include Permodalan Nasional Bhd, Retirement Fund Inc and the Employees Provident Fund Board.