Sunday 05 May 2024
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KUALA LUMPUR (April 27): Investors showed keen interest in shares in LKL International Bhd this morning as the stock traded actively and rose 12.73% or 3.5 sen to 31 sen.

The stock has been on a rise over the past month and throughout the movement control order period, up three times from its year-to-date low of 10 sen on March 18. It is also currently trading at a more-than-three-year high since June 17, 2016.

Earlier this month, the medical equipment manufacturer landed a procurement order worth RM7.08 million to provide personal protective equipment (PPE) to public hospitals in Sarawak.

In the announcement dated April 7, LKL said the order is expected to contribute positively to earnings of the company for the financial year ending April 30, 2020.

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