Thursday, October 7, 2010

Padini rises to record on share split plan

Padini Holdings Bhd, a Malaysian garment manufacturer, rose to a record in Kuala Lumpur trading after announcing plans for a share split aimed making its stock more affordable to wider group of investors.

It gained 4.8 per cent to RM5.01 at 9:05 a.m. and has risen a total 33.2 per cent so far this year. -- Bloomberg

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