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Stock on the Move

Quick take: Kossan rises 4% on bonus issue plan

KUALA LUMPUR: Kossan Rubber Industries Bhd rose over 4% in early trade Monday as the company’s shareholders approved its one-for-one bonus issue.

The glovemaker, the top gainer on Bursa Malaysia, rose 4.2%, or 58 sen to RM14.38 with 1.5 million shares traded.

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