Eastern Asia Technology

Eastern Asia Technology: +28.6% at 11-m high of $0.135 as interest in otherwise thinly-traded stock piqued by privatization offer worth $0.138/share from DJR International, vehicle of company's founder Liou Jeng Lin, and which owns 27.1% stake. Delisting sensible given low trading liquidity, blamed in part on digital audio-video equipment maker's dim business prospects. Co. booked 1Q10 net loss of $1.7m; expects increased labor costs due to stronger CNY, higher raw mat'l price to continue.