Padini shares at all-time high of RM4.51

The company said in a Bursa Malaysia filing that revenue grew 20.71% to RM342.36mil, boosted by new stores including an additional five Padini Concept and eight Brands Outlet stores.

PETALING JAYA: Fashion retailer Padini Holdings Bhd’s shares rose to an all-time high to close at RM4.51 yesterday, as analysts remained optimistic on the homegrown company’s outlook and ahead of its 2.5 sen dividend payout on Sept 29.

The stock rose 26 sen or 15.35% to close at RM4.51 yesterday, with 3.19 million shares being traded.