GHL hits limit-up, share price up 30%


Strategic partnership: AliPay logo is seen at a train station in Shanghai. GHL will partner AliPay to offer Malaysian in-store merchants and online merchants an alternative payment method. — Reuters

PETALING JAYA: Shares of GHL Systems Bhd hit limit-up, as investor interest in the payment solutions provider grew following news that it would partner AliPay to provide payment services in Malaysia.

GHL’s shares rose about 30%, or 34 sen, to end at an intra-day high of RM1.48 yesterday. The counter saw heavy volume, with 48.83 million shares changing hands.

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Business , GHL Systems , Alibaba , AliPay , stocks , shares , KLSE , KLCI ,

   

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