(Kuala Lumpur, 23rd) Oriental Kopi (KOPI, 0338, Consumer Products and Services sector) successfully listed on the ACE Market today, with its share price surging by 43.5 sen or 98.9%, closing at 87.5 sen. This remarkable increase has significantly boosted the wealth of three major shareholders, propelling them into the ranks of billionaires. Based on the closing price of 87.5 sen, the largest shareholder, Dato’ Chen Jiancheng, holds 42.2% of Oriental Kopi, or 844.01 million shares, with a total value of 7.385 billion MYR. His sister, Chen Yanmin, owns 15.57% of the company, holding 311.45 million shares, valued at 2.725 billion MYR. Yanmin’s husband, Guo Songlin, holds 10.92% of the shares, or 218.44 million, with a total value of 1.911 billion MYR. Meanwhile, Oriental Kopi’s listing saw an impressive premium, peaking at 83%, overshadowing competitors like the operator of Starbucks in Malaysia.
Click Here: Oriental Kopi Website