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Lianxi Holdings' stock price reached a new high this morning. At one point, it surged nearly 20%

Lianxi Holdings' stock price reached a new high this morning. At one point, it surged nearly 20%
Lianxi Holdings (RANHILL, 5272, Main Board Utilities) $RANHILL(5272.MY)$The stock price surged nearly 20% this morning, and once climbed to RM1.42, a new record high.
$RANHILL(5272.MY)$

When the market closed at 12:30 p.m., the stock was reported at RM1.40, surging 17.65% or 21 cents, with a trading volume of 26.803,900 shares.

The stock price of Lianxi Holdings has soared 56% so far this year.
$RANHILL(5272.MY)$
Lianxi Holdings' stock price reached a new high this morning. At one point, it surged nearly 20%

Lianxi Holdings just announced stock dividends last week. Shareholders will receive 0.5 shares as dividends for every 100 shares they hold.

Looking back at the beginning of November last year, Yang Zhongli Electric Power $YTLPOWR(6742.MY)$Lien Xi Holdings acquired 18.87% of its shares and emerged as a major shareholder.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. The reader shall bear any risk and responsibility arising from reliance on this content. Always conduct your own independent research and evaluation and consult professional advice if necessary before making any investment decisions. The author and related participants are not responsible for any loss or damage resulting from the use or reliance on the information contained in this article.
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    Nanyang Siang Pau Official Account
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