Impressive Gain for KGB-WA YTD Despite Trading at Discount

Written by Editor

Kelington Group Berhad (KGB) has been amongst the star performers in Bursa Malaysia this year.  While most stocks in Bursa Malaysia suffered big drop in share price as a result of uncertain domestic and external factors, the share price of KGB has actually risen substantially.  At the closing price of RM1.23 on 19 November, KGB share price posted a year-to-date gain of 48%.   The company warrant, KGB-WA, managed an even more impressive gain of 77% so far this year, closing at 70 sen on the same day.

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