Denko hits limit up on acquisition plan


The stock also rose to its all-time high yesterday, closing at RM1.56 with 3.2 million shares changing hands.

PETALING JAYA: Denko Industrial Corp Bhd shares hit limit up after gaining 30% to RM1.66, as investor interest rose in tandem with the company’s prospects.

This is following its proposal to acquire plastic injection moulding firm Integrated Manufacturing Solutions Sdn Bhd (IMS) for RM1.19bil.

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