17 Mar 2021 / 09:31 H.
Group will also expand its factory in Rayong, Thailand to further grow their presence in the E&E and automotive industries in the country.
PETALING JAYA: Volcano Bhd, an international manufacturer of nameplates and plastic injection moulded parts, is aiming to raise RM8.75 million from its ACE Market IPO.
The IPO involves a public issue of 25 million IPO shares and an offer for sale of 35 million shares at the issue price of 35 sen per share, entailing 8.25 million new shares will be available for application to the Malaysian public, 8.25 million new shares allocated for eligible directors, key senior management, employees and business associates, and 8.5 million new shares will be offered by way of private placement to identified investors.