Tuesday, July 26, 2011

Weak debut for Peterlabs

KUALA LUMPUR: Peterlabs Holdings Bhd made a weak debut on the ACE Market on Tuesday, July 26, ending the morning session below its offer price of 30 sen.

At the midday break, it was down five sen to 25 sen. It was the most active with 36.14 million shares done.

The company manufactures and sells animal health and nutrition products in the domestic market.

RHB Research had a fair value of 41 sen for the shares.

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