Khamis, 9 Jun 2011

NST Online Business Times : latest


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NST Online Business Times : latest


XOX slides on KL listing debut

Posted: 09 Jun 2011 06:13 PM PDT

XOX Bhd, a Malaysian mobile telecommunications services provider, fell on its debut on the Kuala Lumpur stock exchange.

The stock dropped 12 per cent to 70.5 sen at 9:02 a.m. local time.

The company sold shares at 80 sen each in its initial public offering. It's the most active on the exchange with 2.8 million shares traded. -- Bloomberg

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RCE Cap fair value lifted, stock climbs

Posted: 09 Jun 2011 06:15 PM PDT

RCE Capital Bhd, a Malaysian consumer credit provider, rose the most in more than six months in Kuala Lumpur trading after RHB Research Institute Sdn Bhd raised its fair value for the stock to RM1.10.

Its shares climbed 6 per cent to 53 sen at 9:05 a.m. local time, set for their biggest increase since Nov. 22. -- Bloomberg

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