Luxchem proposes 1-for-1 bonus issue

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KUALA LUMPUR (Oct 17): Industrial chemical supplier Luxchem Corporation Bhd has proposed a 1-for-1 bonus issue of up to 130 million new shares, a filing to Bursa Malaysia revealed today.

Luxchem closed 3 sen higher at RM1.36 today, with a market capitalisation of RM175.5 million.