KUALA LUMPUR (April 7): Kelington Group Bhd emerged as the top gainer on the local bourse this morning after proposing a one-for-one bonus issue of up to 322.62 million new shares.

The counter rose as much as 24 sen or 11.37% to RM2.35 in early trade. At 10.31am, it had pared some gains at RM2.27, still up 16 sen or 7.58%, with 6.03 million shares changing hands.