Eastern Asia Technology (E08.SG) +28.6% at 11-month high of $0.135 on above-average volume as interest in otherwise thinly-traded stock piqued by privatisation offer worth $0.138/share from DJR International, vehicle of company's founder Liou Jeng Lin.

DJR, which currently owns 27.07% stake, has secured pledges from some management staff, Liou's family members to accept offer, made at 31.43% above last transacted price, 38.99% above average price for past month.

Delisting sensible given low trading liquidity, blamed in part on digital audio-video equipment maker's dim business prospects.

Company booked 1Q10 net loss of $1.7 million, said in May performance for rest of year expected to be hurt by increased labour costs due to stronger RMB, higher raw material prices.