NST Online Business Times : latest
NST Online Business Times : latest |
| Bumi Armada surges in KL listing debut Posted: 20 Jul 2011 06:10 PM PDT Bumi Armada Bhd, controlled by Malaysian billionaire T. Ananda Krishnan, surged on its Kuala Lumpur debut after raising RM2.66 billion (US$889 million) in the nation's biggest initial public offering this year. Shares of oil and gas services company jumped 23 per cent to RM3.72, with 36.5 million shares traded, making it the most active stock on the Malaysian bourse. The company sold shares at RM3.03 each in its share sale. -- Bloomberg |
| Cypark gains on energy park approval Posted: 20 Jul 2011 06:11 PM PDT Cypark Resources Bhd, a Malaysian provider of environmental products and services, rose to a one-week high in Kuala Lumpur trading after winning approval for three renewable energy parks. The stock gained 4.4 per cent to RM1.88 at 9:02 a.m. local time, set for its highest close since July 12. -- Bloomberg |
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