KUALA LUMPUR: Labels maker Ideal Jacobs (M) Corporation Bhd is expected to surge beyond RM1 when it makes its strong debut on the ACE Market on Wednesday, May 18.
At 8.57am, the premarket trade showed Buy order at RM1, which is 73 sen above its offer price of 27 sen.
The first premarket transaction saw a buy order at 50 sen.
Ideal Jacobs was incorporated in Malaysia by a US-based holding company with local Malaysian shareholders. Ideal Jacobs' subsidiaries are Ideal Jacobs (Xiamen) Corporation and Ideal Jacobs Corporation (Thailand) Ltd.
The group manufactures industrial labels and nameplates, as well as laser/die-cut products. Their secondary business is in the fabrication of plastic parts.
At 8.57am, the premarket trade showed Buy order at RM1, which is 73 sen above its offer price of 27 sen.
The first premarket transaction saw a buy order at 50 sen.
Ideal Jacobs was incorporated in Malaysia by a US-based holding company with local Malaysian shareholders. Ideal Jacobs' subsidiaries are Ideal Jacobs (Xiamen) Corporation and Ideal Jacobs Corporation (Thailand) Ltd.
The group manufactures industrial labels and nameplates, as well as laser/die-cut products. Their secondary business is in the fabrication of plastic parts.
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