Denko hits limit up on acquisition plan


The stock also rose to its all-time high yesterday, closing at RM1.56 with 3.2 million shares changing hands.

PETALING JAYA: Denko Industrial Corp Bhd shares hit limit up after gaining 30% to RM1.66, as investor interest rose in tandem with the company’s prospects.

This is following its proposal to acquire plastic injection moulding firm Integrated Manufacturing Solutions Sdn Bhd (IMS) for RM1.19bil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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