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Written by Andrew Vanburen (China Correspondent)
Friday, 10 May 2013 12:29
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WORLD PRECISION MACHINERY's CEO, Shao Jianjun, is now executive chairman in place of major shareholder Wang Weiyao. Mr Shao explained the rationale behind the board restructuring. 

TWO BROKING HOUSES have upgraded their calls on Hi-P from 'Underperform' to ‘Outperform’ and from 'Sell' to 'Buy'. Its 1Q2013 net profit is up 354% at S$6.9 million. 
MTQ SHARES yesterday surged 11% after the company proposed a bonus issue in addition to its regular 2-cent dividend, and delivered a sterling 48% profit growth for FY2013. 



