Public Bank jumps after historic 4-for-1 bonus issue

KUALA LUMPUR: Shares of Public Bank jumped in early Wednesday trade, rising to a high of RM20.10 after it proposed a historic four-for-one bonus issue to reward its shareholders and to enhance the trading liquidity of the shares.

At 9.11am, it was up RM1.20 to RM19.66. There were 3.57 million shares done at prices ranging from RM19.28 to RM20.10.