KUALA LUMPUR (Aug 17): Kejuruteraan Asastera Bhd (KAB) surged as much as 5.5 sen or 22% to 31 sen after the electrical and mechanical engineering specialist reported that second quarter net profit more than doubled to RM3.27 million from RM1.34 million a year earlier.
KAB said net profit for the first half ended June 30, 2018 (1HFY18) rose to RM5.62 million from RM3.23 million a year earlier.
At 10:24am today, the stock pared gains at 28.5 sen with some 21 million shares exchanging hands.
TechCrunch will soon be returning to Africa to hold its Startup Battlefield competition dedicated to the African continent, in Lagos, Nigeria, on December 11th. The event will showcase the launch of 15 of the hottest startups in Africa on stage for the first time. We’ll also be joined by some of the leading investment firms […]