KUALA LUMPUR: Volcano Bhd
, a manufacturer of nameplates and plastic injection moulded parts, is expected to raise gross proceeds of RM8.75mil from its initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia.
The IPO will involve a public issue of 25 million IPO shares and an offer for sale of 35 million shares at an issue price of 35 sen per share.
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