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AHB-WB : Switch to Mother Share as Warrant’s Gearing Not Attractive

Office furniture maker AHB Holdings Berhad share price rose substantially from 17 sen in the beginning of the year to as high as 43.5 sen in the middle of July as the company’s managing director s managing director Yong Yoke Keong stated in recent media interviews that one of its big customers has given the company an order as large as RM30 million over the next two to three years.  Nevertheless, the share price dropped significantly towards the end of July and it is now hovering around 27 sen.  Its company warrant AHB-WB was trading around 17 sen at the time of writing.

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