Volcano Berhad (“Volcano”), an international manufacturer of nameplates and plastic injection moulded parts, is seeking to raise RM8.75 million from its upcoming initial public offering (IPO) on 6 April 2021. If you are looking at Volcano with interest, here are 9 things to know before you invest.   Group structure and business model Volcano was incorporated in Malaysia in 2018 and is an investment holding company. Through its subsidiaries, the group is principally involved in the manufacturing of nameplates and plastic injection moulded parts used in the electrical & electronics (E&E) and automotive industries. Its group structure is as follows: (Source: IPO prospectus)
VNP – Volcano Name Plate Sdn Bhd VTT – Volcano Tec (Thailand) Co Ltd Parts and components manufacturing is a key component of the manufacturing industry value chain. Other components of the manufacturing industry value chain include product design, sourcing for material supply, manufacturing and assembly, quality control,...