Quick take: Muhibbah Engineering rises nearly 5% on proposed rights issue

KUALA LUMPUR: Muhibbah Engineering (M) Bhd rose in early trade on news that it was planning to raise up to RM128.46mil through a rights issue.

At 10am, the counter was up three sen or 4.84% to 65 sen a share on the back of 4.51 million units traded.

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