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SCH-WA: Worthy of the bet at the current level

The share price of SCH Group Berhad hit a 52-week low of 16.5 sen earlier this week as investors stayed away as the equity market continued its recent weakness.  Investors are also waiting on the side line ahead of SCH Group’s upcoming Extraordinary General Meeting (EGM) to consider approving a 25% private placement as well as a couple of acquisitions that lead to diversification of existing business.  The mother share and warrant of SCH Group closed at 17.5 sen and 7 sen respectively.

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