The share price of Jerneh Asia Berhad has been creeping up over the last few days on expectation that the company may declare a bumper dividend when it releases latest financial results due end of this month. Jerneh is flushed with cash following its sales of its 80% equity in Jerneh Insurance Berhad for RM523.2 million cash to ACE INA International Holdings. The transaction was completed on 1st December 2010.
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