Isnin, 7 November 2011

NST Online Business Times : latest


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NST Online Business Times : latest


Bursa queries Sanichi over price rally

Posted: 07 Nov 2011 05:29 PM PST

Sanichi Technology Bhd, a Malaysian precision moulds and toolings company, rose to a three-month high in Kuala Lumpur trading, prompting the stock exchange to query the stock's recent rally.

Its shares gained 17.7 percent to 10 sen at 9:22 a.m. local time, set for their highest close since Aug. 4.

Sanichi has doubled in value since Nov. 3. -- Bloomberg

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Harvest Court hits 9-year high

Posted: 07 Nov 2011 05:24 PM PST

Harvest Court Industries Bhd, a Malaysian timber company and manufacturer, rose to the highest in more than nine years in Kuala Lumpur trading even after issuing a statement to say it can't explain a recent rally in its share price.

The stock gained another 29.1 percent to RM1.13 at 9:14 a.m. local time today, set for its highest close since May 16, 2002.

It has rallied 179 percent over the past five trading days, according to data compiled by Bloomberg. -- Bloomberg

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