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KUALA LUMPUR (April 6): Shares in nameplates and plastic injection moulded parts manufacturer Volcano Bhd jumped as much as 101% during early trade to hit an intraday high of 70.5 sen, marking a strong debut on Bursa Malaysia’s ACE Market.  The stock, which jumped right to 70 sen after the opening bell – double that of its Initial Public Offering (IPO) price of 35 sen – subsequently pared some gains to close the day at 48.5 sen, still 13.5 sen or 38.57% above its issue price.   In a statement earlier, Volcano highlighted that its IPO was oversubscribed by 176.6 times. It intend...

Volcano Berhad Launches Prospectus for IPO - 95.83% sales to foreign market, 90% MNCs/public listed companies in FYE 2020 - IPO proceeds to expand capabilities and market share in the E&E and Automotive industry KUALA LUMPUR, Mar 17, 2021 - (ACN Newswire) - Volcano Berhad ("Volcano" or the "Group"), a leading international manufacturer of nameplates and plastic injection moulded parts, has successfully launched its prospectus for the Group's listing on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). Volcano Berhad's factory in Rayong, Thailand Volcano's initial public...