Supreme Consolidated makes strong debut on ACE Market


KUALA LUMPUR: Supreme Consolidated Resources Bhd, which transferred its listing from the LEAP Market to the ACE Market today, surged 48% on its trading debut.

The frozen food processor and distributor opened at 37 sen, above its initial public offering (IPO) price of 25 sen. It is currently trading 36% higher, up by nine sen to 34 sen, with 79.7 million shares exchanged at 9:57 am.

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