NST Online Business Times : latest
NST Online Business Times : latest |
| Boustead Heavy surges on buyout news Posted: 20 Dec 2011 05:14 PM PST Boustead Heavy Industries Corp, a Malaysian shipbuilder, surged to the highest level in four months in Kuala Lumpur trading after the Star newspaper reported that it may be bought out by its parent Boustead Holdings Bhd. The stock gained 3.8 percent to RM3.30 at 9:04 a.m. local time, set for its highest close since Aug. 17. -- Bloomberg |
| Ingress at 18-month high after income triples Posted: 20 Dec 2011 05:31 PM PST Ingress Corp, a Malaysian auto-parts supplier, increased the most in 18 months in Kuala Lumpur trading after third-quarter net income tripled to RM6.7 million from a year earlier. The stock surged 13 per cent to 80 sen at 9.15am local time, set for its largest gain since June 23, 2010. -- Bloomberg |
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