Vending massage chair operator RNG Tech starts muted on first ACE Market day

RNG Tech Bhd, a vending massage chair operator, experienced a muted debut on the ACE Market, with its shares opening and closing unchanged from its initial public offering (IPO) price of 13 sen. The lukewarm reception followed an undersubscribed retail tranche and reallocation of shares, despite the company's operations across multiple Southeast Asian countries.