CEO Morning Brief
Engtex Shares Climb Over Three-month High After Bonus Share Plan
edgeinvest
Publish date: Tue, 11 Jun 2024, 10:31 AM
KUALA LUMPUR (June 10): Shares of Engtex Group Bhd (KL:ENGTEX) rose on Monday to their highest in over three months after the pipe manufacturer revealed its plan for a bonus share issue.
Engtex rose as much as 5.3% to RM1.20, its highest since Feb 27, 2024. The stock was trading at RM1.19 at 9.05am, valuing the company at RM527 million on Bursa Malaysia. Trading volume totalled 458,300 shares so far.
More to come.
Source: TheEdge - 11 Jun 2024
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