SHARES in property developer Oriental Interest Bhd (OIB) rose 11 sen, or 8.7% higher, to RM1.38 yesterday on record profits and bumper dividend payout.
The company announced late Tuesday that its net profit had more than doubled during the fiscal year ended June 30 to RM29.4mil, or 32.51 sen per share, compared with RM14.8mil, or 16.39 sen per share, last year.
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