Low returns aside, Palmco shares worth the hold


IF an investor had bought one lot of Palmco Holdings Bhd shares for RM1,840 in January 1990 and held on to it up to Dec 31, 2002, he would have netted a gain of RM3,007, inclusive of dividends and capital gains. 

Despite the low return, there are good reasons to hold on to the investment that has grown to 1,200 shares. 

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