Friday, 22 July 2011

Catcha Media surges on KL listing debut

Catcha is gotcha buy!! The new Cathca (0173) counter surges high in today debut. Does this show all the other Media Counter will follow this trend?
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Catcha Media Bhd, a Malaysian publisher and online media business operator, surged 21 per cent on its debut on the Kuala Lumpur stock exchange.

The shares rose 16 sen to 91 sen at 9:01 a.m. local time.

The company sold shares at 75 sen each in its initial public offering.

Source: Bloomberg, NST

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