PECCA Group Bhd, which makes leather upholstery for cars and aircraft, plans to raise up to RM67.87mil from the issuance of 47.79 million new shares.
PETALING JAYA: Car leather upholstery maker Pecca Group Bhd
raised close to RM130mil in total gross proceeds from its initial public offering (IPO) debut on the Main Market of Bursa Malaysia yesterday.
Its shares gained 29 sen or 20.42% at the market close on its first day to RM1.71 yesterday, above its IPO price of RM1.42.
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