Supreme Consolidated makes firm debut on LEAP Market

KUALA LUMPUR: Supreme Consolidated Resources Bhd made a firm debut on the LEAP Market of Bursa Malaysia on Wednesday, opening at 60 sen, which was 10 sen above its offer price of 50 sen.

At 9.02am, it was trading at 60 sen and it was the top gainer. There were 40,000 shares traded.

The FBM KLCI fell 4.33 points or 0.26% to 1,675.09. Turnover was 79.77 million shares valued at RM35.35mil. There were 129 gainers, 68 losers and 144 counters unchanged.

Supreme Consolidated is a fully integrated fast moving consumer goods (FMCG) based company involved in the import, trading and distribution of frozen, chilled, dairy and dry food products in East Malaysia.

Under its listing exercise, it issued 13.14 million new shares which were then placed out.

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