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KUALA LUMPUR: The share price of SKP Resources Bhd has continued to rally mainly due to positive market perception on its recent merger with Tecnic Group Bhd and expectations of an earnings boost from recently-secured contracts. Kenanga Research said the share price had risen to RM1.42 since its previous report in June.
OF the five stocks that StarBizWeek writers chose as stock picks at the start of the year, all with the exception of one are up by double-digits despite the overall benchmark index, the FTSE Bursa Malaysia KL Composite Index being up by only 0.75% over the same period.
KUALA LUMPUR: Tecnic Group Bhd said it is not aware of any corporate development or rumour to account for the recent sharp rise in its share price.
KUALA LUMPUR: Tecnic Group Bhd said it was not aware of any corporate development or rumour to account for the sharp rise in its share price on Tuesday.