Quick take: Luster shares up 7% on new property development venture


KUALA LUMPUR: Luster Industries Bhd shares were up in early trade Tuesday after the company announced taking up a controlling stake in a firm developing a RM900mil project.

The plastic injection and moulding firm advanced 7.14%, or 0.5 sen to 7.5 sen with 4.74 million shares traded. It is currently traded at a PE ratio of 11.18 times.

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Luster Industries

   

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