NST Online Business Times : latest
NST Online Business Times : latest |
| Leader Universal surges most in 11 years Posted: 17 Oct 2011 06:20 PM PDT Leader Universal Holdings Bhd, a Malaysian cable and wire maker, surged the most in more than 11 years in Kuala Lumpur trading after it received a buyout offer valued at RM480.1 million. The stock jumped 21 percent to RM1.02 at 9:01 a.m. local time, set for its steepest gain since February 2000. HNG Capital Sdn Bhd offered the equivalent of RM1.10 a share, Leader said in a statement yesterday. -- Bloomberg |
| PacificMas gains on OCBC Cap offer Posted: 17 Oct 2011 06:21 PM PDT PacificMas Bhd, a Malaysian insurer, rose the most in a month in Kuala Lumpur trading after OCBC Capital (Malaysia) Sdn Bhd offered to buy its stakes in five subsidiaries for a total RM450 million. The stock gained 5.9 percent to RM3.25 at 9:01 a.m. local time, set for its biggest increase since Sept. 20. -- Bloomberg
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