HPP soars to high of 60.5 sen on ACE Market debut

TheStar Wed, Jan 20, 2021 09:14am - 5 years View Original


Offset packaging printing specialist HPP Holdings Bhd is the first company to be listed on Bursa Malaysia this year.

KUALA LUMPUR: Offset packaging printing specialist HPP Holdings Bhd made a strong debut on the ACE Market on Wednesday, surging to a high of 60.5 sen or 24.5 sen above its offer price of 36 sen.

At 9.04am, it was trading at 57 sen, up 21 sen. There were 28.06 million shares traded at prices ranging from 51 sen to 60.5 sen.

The FBM KLCI was up 3.08 points or 0.19% to 1,604.96. Turnover was 227.48 million shares valued at RM122.09mil. There were 232 gainers, 144 losers and 280 counters unchanged.

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