KUALA LUMPUR: Milux Corp Bhd’s shares surged to its highest in over 15 years after the company announced a three-for-one bonus issue to reward its shareholders.
The home and kitchen appliances manufacturer jumped 27.78%, or 60 sen to RM2.76 with 1.33 million shares done.
Milux has proposed a bonus issue of up to 176.29 million shares on the basis of three bonus shares for every one share held.
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