KUALA LUMPUR: SANICHI TECHNOLOGY [] BHD [] rose in active trade on Thursday, June 9 following its proposed venture for a one-stop plastic injection mould fabrication solution centre.
At 9.15am, Sanichi was up one sen to 5 sen with 2.31 million shares traded.
On Wednesday, Sanichi signed an MoU with German-based Projektarbelt Technische Beratung Venretung International (PROTEV) to form an alliance for the setting up of the centre.
Sanichi said PROTEV had also expressed interest to take up a strategic stake in the company. However, it said the quantum of the stake would only be determined later.
At 9.15am, Sanichi was up one sen to 5 sen with 2.31 million shares traded.
On Wednesday, Sanichi signed an MoU with German-based Projektarbelt Technische Beratung Venretung International (PROTEV) to form an alliance for the setting up of the centre.
Sanichi said PROTEV had also expressed interest to take up a strategic stake in the company. However, it said the quantum of the stake would only be determined later.
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