Bursa Malaysia Stock Watch
Mamee up on plans to double revenue
kltrader
Publish date: Wed, 15 Sep 2010, 04:15 PM
kltrader
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KUALA LUMPUR: Mamee-Double Decker Bhd shares rose in thin trade on Wednesday, Sept 15 as the company sticks to its multi-pronged strategy, with the aim of doubling revenue within the next five years.
At 9.17am, it was up five sen to RM3.50 with 8,000 shares done.
The FBM KLCI fell 2.54 points to 1,471.90. Turnover was 59.33 million shares done valued at RM70.15 million. There were 124 gainers, 107 losers and 142 stocks unchanged.
InsiderAsia said in its report in The Edge FinancialDaily that Mamee-Double Decker (RM3.40) was committed to the longer-term growth for its food and beverage (F&B) business.
The company is sticking to its multi-pronged strategy, with the aim of doubling revenue within the next five years.
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