Fatt Yat Yat Fatt (8-1-1-8) and It’s Liftoff for Binasat!

IPO WATCH

Fatt Yat Yat Fatt (8-1-1-8) and It’s Liftoff for Binasat!

Chinese numerology may be over-rated but the choice of January 8, 2018 for the debut listing of telecommunications support services provider Binasat Communications Berhad on the ACE Market was especially propitious. AWANI Review Editor Razak Chik joined the Gong Day attendees to witness raging bull setting off on a debut day charge.

Every stock market punter loves Gong Day – especially where the bull takes charge, leaving the bear in the shade. Binasat Communications Berhad is the new darling, even if its address is the ACE Market of Bursa Malaysia. On the chime of nine, on the second Monday of the new year; the price dissemination display board dominating the Bursa Listing Gallery mini stage glowed to be greeted by a chorus of raucous cheer as the strike price for the newly-minted...

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