Monday, November 1, 2010

TSM off early high on bonus plan

KUALA LUMPUR: TSM GLOBAL BHD [] surged to a high of RM4.20 in the morning session on Monday, Nov 1 after it proposed a one-for-one bonus issue.

At 11.53am, it was up five sen to RM3.98. There were 323,300 shares done at prices ranging from RM3.95 to RM4.20.

Last Friday, the electrical products supplier proposed to undertake the bonus issue of up to 63.69 million new shares on a one-for-one bonus issue.


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