KUALA LUMPUR: Shares in Scientex Bhd
rose 2% in early trade Monday, boosted by its acquisition of Klang Hock Plastic Industries Sdn Bhd for RM190mil cash.
The company saw its shares rose 2.65%, or 23 sen to RM8.90, its highest since end-January. It is currently the second top gainer today and is trading at a PE of 14.84 times.
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