Denko takeover by Singapore's Foo excites stock


Two to tango: Denko and ATA are primarily involved in the manufacturing of plastic injection moulded parts, it is only logical that if the takeover happens.

PETALING JAYA: Singaporean businessman Foo Chee Juan’s audacious offer to take over Denko Industrial Corp Bhd (Denko) last week has stirred excitement in the otherwise dull stock.

Main Market-listed Denko, a Johor-based manufacturer of plastic injection moulds and high precision plastic parts, came alive with its share price hitting 71.5 sen last Friday.

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Business , Denko , Foo Chee Juan , takeover , offer , stocks , excite , price ,

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