July 20, 2011

Ajiya gains on Q2 net income jump

Stock Name: AJIYA
Company Name: AJIYA BHD
Research House: OSKPrice Call: BUYTarget Price: 2.17



Ajiya Bhd, a Malaysian building materials supplier, rose to its highest level in almost a month after second-quarter net income rose 13 per cent to RM7.2 million.

The stock gained 1.1 per cent to RM1.78 at 9:01 a.m. local time in Kuala Lumpur trading, set for its highest close since June 24. -- Bloomberg

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