Gold Li Debuts on Bursa Malaysia's ACE Market Below IPO Price

Real estate developer Gold Li (KLSE:GOLDLI) made its debut on Bursa Malaysia's ACE Market on Monday, opening at 0.12 ringgit, below its initial public offering (IPO) price of 0.205 ringgit, signaling a soft listing start for the property group.

The company was listed as a property-sector company under the stock name GOLDLI and stock code 0452, according to a Monday Malaysian bourse filing.

The company's enlarged issued share capital is 600 million units.

Its post-listing issued share capital stands at 122.96 million ringgit, with no par value stated.