Etika International (5FR.SG) +15.1% at $0.80 on above-average volume as interest in otherwise thinly-traded stock piqued by condensed milk maker’s move to reward shareholders with 1 bonus share for every existing share held, amounting to total issue of 267.3 million shares, says Dow Jones.

Move also intended to boost trading liquidity, with average volume over last 200 days merely 155,000 shares. Bonus issue subject to regulatory, shareholders’ approval. Interest also underpinned by Etika’s $38.5 million cash-funded purchase of 2 private companies involved in making, distributing pasteurised milk, other beverages in Malaysia, giving it additional revenue stream.

Orderbook quotes tip resistance at $0.83.