Monday, October 18, 2010

GW Plastics up on Main Market debut

KUALA LUMPUR: GW Plastics Holdings Bhd advanced on its debut on the Main Market of Bursa Malaysia Securities and was up 4.5 sen to 80.5 sen at 9.20am with 9.84 million shares done.

The company is one of the largest manufacturers of flexible plastic packaging in Malaysia.

Its public tranche was oversubscribed by 3.7 times, RHB Research accorded it a fair value of 90 sen.


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