LPC Group Soars On Leap Market Debut, Shares Up 400 Pct
KUALA LUMPUR, Oct 30 (Bernama) -- LPC Group Bhd has made a strong debut on the LEAP Market of Bursa Malaysia Securities Bhd today, emerging among the top gainers in early trade.
At 11.45 am, the Melaka-based infrastructure and building works company surged 40 sen, or 400 per cent, to 50 sen, with 101,200 shares traded.
In a statement today, LPC Group director Ching Tai Kuen said the listing represents a key milestone for the company as it strengthens its foothold in Malaysia’s expanding construction sector.
“This achievement enhances our credibility and opens new opportunities to reinforce our presence in Malaysia’s growing construction landscape.
“As we expand into new regions and adopt more modern construction technologies, we remain committed to delivering sustainable value to our shareholders and stakeholders,” he said.
To date, LPC Group has completed more than 400 projects with a cumulative contract value exceeding RM900 million involving residential, commercial and industrial buildings as well as infrastructure works, primarily in Melaka.
-- BERNAMA