Quick take: Techbond hit all-time high on 5-for-4 bonus issue


KUALA LUMPUR: Shares in Techbond Group Bhd jumped to a record high of RM1.73 this morning after announcing a bonus issue of up to 431.25 million new shares on the basis of five bonus shares for every four existing shares.

The industrial adhesive and sealants manufacturer added 15.33%, or 23 sen to RM1.73 with over 9.8 million shares traded.

Techbond said the entitlement date of the bonus issue shares would be determined later.

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