KUALA LUMPUR (Jan 20): HPP Holdings Bhd’s share price jumped by as much as 68.05% to 60.5 sen this morning, marking a strong debut on Bursa Malaysia’s ACE Market. At 10.04am, the share pared some gains to trade at 55 sen, which was still 52.7% higher than its initial public offering (IPO) price of 36 sen. About 105.19 million shares were traded, making it Bursa’s most active stock. Notably, within the first two hours of trading, a third of the group’s issued share capital, which amounts to 388.43 million shares, had been traded.
