KUALA LUMPUR: Shares of loss-making PAOS Holdings Bhd
surged to a high of 63.5 sen on Friday in the absence of any fresh positive news while it is due to announce its fourth quarter results ended May 31, 2021.
At 11.19am, it was up 18.5 sen or 45.1% to 59.5 sen. There were 33.39 million shares traded at prices ranging from 40.5 sen to 63.5 sen.
Its issued shares are 181.16 million units.
In the third quarter announcement for the period ended Feb 28, 2021, the company – which is involved in manufacturing, trading and integrated hotel and property operations -- was downbeat on the outlook for the year.
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