Wednesday, June 15, 2011

Kellington gains in early trade

KUALA LUMPUR: Kellington Group Bhd shares rose on Wednesday, June 15 after the company said its order book of RM122 million would be sufficient to sustain the group, which provides ultra high purity gas and chemical delivery systems, until 2012.

At 9.15am, Kellington gained two sen to 84 sen with 34,000 shares traded.

Its chairman and chief executive officer, Raymond Gan Hung Keng, said the company expected to increase the order book following the recovery in the semiconductor industry which recently saw an increase in capital expenditure.

'Furthermore, the increasing investments in the renewable energy sector in this region augur well for our group,' he said

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