Ge-Shen primed for more M&As?

PETALING JAYA: Something is brewing in electronics manufacturing services (EMS) player Ge-Shen Corp Bhd. Its stock price is up almost 15% over the last week, closing at RM1.66 a share last Friday, which is a 52-week high.

Sources said the company is going to embark on more acquisitions, although it isn’t clear how that will be funded and what the impact will be on the stock’s earnings per share.