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HSS Holdings Opens Flat on ACE Market Debut as Investors Weigh Bakery Group’s Growth Plans

By Abigail Cheong3 min read

Kuala Lumpur, 23 June 2026 – HSS Holdings Berhad made a muted debut on the ACE Market of Bursa Malaysia, opening at 18 sen, unchanged from its initial public offering price, as investors assessed the Johor-based bakery products group’s expansion strategy against a cautious small-cap market backdrop.

The counter traded within a tight early range of 17.5 sen to 20 sen, reflecting active participation but limited first-day price momentum. Based on its early last traded price of 18.5 sen, HSS Holdings carried a market capitalisation of about RM93 million.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.