Milux races to fresh record high

Underpinning the surge in its share price was the three-for-one bonus issue.

KUALA LUMPUR: Milux Corporation Bhd’s share price surged to a fresh record high of RM3.03 on Wednesday as more investors jumped on the bandwagon following the proposed three-for-one bonus issue.

At 10.51am, it was up 29 sen to RM2.92. There were 1.35 million shares done at prices ranging from RM2.62 to RM3.03.

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Milux , bonus issue , electrical appliances , diversify

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