KUALA LUMPUR (Jan 14): Lii Hen Industries Bhd (fundamental score 2.5, valuation score 2.4) rose as much as 3.5% after the furniture manufacturer reported property revaluation surplus of nearly RM35 million.

Shares of Lii Hen rose as much as 11 sen to RM3.25 at 11.03am, albeit on thin trade of 89,100 shares. The stock was the seventh largest gainer across the exchange.

Gains in Lii Hen compared to the FBM KLCI's 10.51-point or 0.6% decline.

Yesterday, Lii Hen told Bursa Malaysia revaluation surplus from its Johor properties would increase the company's net assets per share by 58.3 sen for the financial year ended December 31, 2014.

Lii Hen's latest reported net assets per share stood at RM2.63 as at September 30, 2014.

The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. A score of 0 means weak fundamentals and a score of 3 means strong fundamentals.

Meanwhile, the valuation score determines whether a stock is attractively valued, calculated based on historical numbers. A score of 0 means valuations are not attractive while a score of 3 means valuations are attractive.