NST Online Business Times : latest
NST Online Business Times : latest |
| Posted: 04 Dec 2011 05:23 PM PST Proton Holdings Bhd, Malaysia's state-controlled carmaker, surged to the highest level in more than nine months in Kuala Lumpur trading after the Edge newspaper reported that Khazanah Nasional Bhd may ask for bids for its 43 percent stake in Proton. The stock gained 14 percent to RM4.10 at 9:05 a.m. local time, set for the highest close since Feb. 24. -- Bloomberg |
| Tenaga rises on pact with Malakoff Posted: 04 Dec 2011 05:06 PM PST Tenaga Nasional Bhd, rose to its highest level in almost three weeks in Kuala Lumpur trading after signing a 25-year agreement to buy electricity from Malakoff Corp's Tanjung Bin power plant when completed in 2016. The stock rose 1.4 percent to RM5.72 at 9:12 a.m. local time, set for its highest close since Nov. 16. Tenaga also agreed to sell Malakoff coal for the plant, the company said in a statement.-- Bloomberg |
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