Johor Plantations closes up 7% on Main Market

KUALA LUMPUR: Upstream oil palm plantation company Johor Plantations Group Bhd made a flat debut on Bursa Malaysia’s Main Market, opening at its initial public offering (IPO) price of 84 sen but it managed to close the day at 90 sen – a premium of six sen or 7.14%.

It was the most actively traded stock with 178 million shares changing hands.

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JohorPlantations , IPO , BursaMalaysia , PalmOil , DownstreamExpansion , PlantationIndustry , StockMarketDebut

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