Isnin, 5 September 2011

NST Online Business Times : latest


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NST Online Business Times : latest


CIMB cut to 'hold', stock slides

Posted: 05 Sep 2011 06:18 PM PDT

CIMB Group Holdings Bhd, Malaysia's second-largest bank, fell the most in more than a week in Kuala Lumpur trading after BNP Paribas SA downgraded the stock to "hold" from "buy."

The stock slid 1.6 percent to RM7.28 at 9:05 a.m. local time, set for its steepest decline since Aug. 26. -- Bloomberg

DXN jumps on buyout offer

Posted: 05 Sep 2011 06:16 PM PDT

DXN Holdings Bhd, a Malaysian manufacturer of health-food supplements and products, rose to a record in Kuala Lumpur trading after receiving a buyout offer from its controlling shareholders at RM1.75 per share.

The stock jumped 36.4 per cent to RM1.63 at 9:06 a.m. local time. -- Bloomberg

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