NST Online Business Times : latest
NST Online Business Times : latest |
| Ngiu Kee has record drop, faces delisting Posted: 13 Jul 2011 06:16 PM PDT Ngiu Kee Corp, a Malaysian supermarket operator, had a record drop after the stock exchange said the shares will be suspended from July 21 after failing to submit a plan to restore its finances. The stock declined 50 per cent to 2.5 sen at 9:05 a.m. local time in Kuala Lumpur. The shares will be de-listed on July 25 unless the company submits an appeal, according to the stock exchange in a statement yesterday. -- Bloomberg
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| Padini rated a 'buy', stock jumps Posted: 13 Jul 2011 06:18 PM PDT Padini Holdings Bhd, a Malaysian garment market and retailer, rose 1.9 per cent in Kuala Lumpur trading after being rated a new "buy" at Maybank Investment Bank Bhd with a share estimate of RM1.30. The stock climbed to RM1.07, set for its highest close since July 8. -- Bloomberg |
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