KUALA LUMPUR: TSA Group Bhd made its debut on Bursa Malaysia's ACE Market at 58 sen today -- notching a premium of three sen over its initial public offering (IPO) price of 55 sen.

       At the opening bell, the counter saw 10.95 million shares changing hands.

       On Jan 19, the industrial hardware products and stainless steel pipes and metal products manufacturer reported that its shares were oversubscribed by 8.62 times.

       The group aims to raise RM42.53 million through its IPO exercise. - Bernama