Wednesday 13 July 2016

Panasonic Malaysia surges to record high

Panasonic Manufacturing Malaysia Bhd's share price surged to an all-time high of RM32.30 at midday on Wednesday.

At midday, the manufcturer of electric consumer products, home appliances and batteries saw it shares climb 82 sen to RM32.30.

Its dividend of RM1.24 a share will go ex on Sept 6.
Meanwhile, filings to Bursa Malaysia showed that the Employees Provident Fund and also Aberdeen Asset Management were seen taking profit over the past month and reducing their shareholdings.

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