In a filing to the stock exchange, the group said its rationale for the exercise was to reward its existing shareholders for their loyalty and continued support.
KUALA LUMPUR: Precision part maker Dufu Technology
said strong demand for hard disc drives (HDDs) components boosted its second quarter earnings, as the company's share price surged to an all-to time high.
The stock shot up 17 sen, or 11.7% to an all-time high of RM1.62 before the latest quarterly results were released. Trading was active with more than 11 million shares transacted.
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