PETALING JAYA: Cosmos Expertise Worldwide Bhd rose as excessive as 36 sen in early commerce this morning following its itemizing on the LEAP Market of Bursa Malaysia Securities Bhd in the present day.
At 10.45am, Cosmos was up 28.57% at 36 sen on 60,000 shares traded. The counter opened at 31 sen, a three sen premium above its 28 sen placement worth.
Established since 2004, Cosmos is an built-in water know-how options supplier, specialising within the distribution of Siemens Malaysia digital flowmeters for the water and wastewater sectors.
With a market share of 17.7% of digital flowmeters in Malaysia, Cosmos counts amongst its clientele main authorities and operators equivalent to Pengurusan Air Selangor, Ranhill, and different state water operators.
Cosmos additionally manufactures key steel components for water and wastewater industries by way of its built-in steel fabrication capabilities.