Thursday 28 Mar 2024
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KUALA LUMPUR (Oct 12): Shares of Key ASIC Bhd surged 12.96% in active trade this morning after the company yesterday had said it was currently in the midst of undertaking on a corporate exercise.

Atg 9.30am, Key ASIC rose 3.5 sen to 30.5 sen with 78.81 million shares traded.

In a filing to Bursa Malaysia yesterday, Key ASIC said the relevant details of the corporate exercise have not been finalised at this juncture.

“The Company will make the necessary announcements to Bursa Malaysia Securities Berhad in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in the event the Company proceeds with the said corporate exercise,” it said.

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