Thursday, 5 April 2012

APB up 8%, stock goes ex-dividend on Thursday

KUALA LUMPUR (April 5): APB RESOURCES BHD [] shares rose as much as 8.1% to be among the top gainers on Thursday noon, as investors chased the stock before it goes ex-dividend on Thursday.

As at 12.30 pm, APB shares rose 7.5 sen to RM1 with 147,800 shares done.

The final lodgement day for shares of the engineering equipment manufacturer is next Monday.

Shareholders of APB have approved the company’s final single-tier dividend of 3% for financial year ended Sept 30, 2011.

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