Wednesday 21 December 2011

R&A rises on warrants plan

R&A Telecommunication Group Bhd, the Malaysian software developer formerly known as Kzen Solutions Bhd, rose in Kuala Lumpur trading after saying it may issue one free warrant for every 10 shares held.

The stock gained 4 percent to 13 sen at 9:04 a.m. local time, set for its highest close since Dec. 9. -- Bloomberg



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