PETALING JAYA: Loss-making Frontken Corp Bhd
appears to be getting a new lease of life after acquiring 45% in TTES Team & Specialist Sdn Bhd for RM11mil, which includes an RM8mil profit guarantee for two years.
Not surprisingly, shares of Frontken have made their way to the volumes list. On Friday, the stock was last traded one sen higher to 13.5 sen on a volume of 9.89 million shares.
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