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Peterlabs slides in KL listing debut Posted: 25 Jul 2011 06:44 PM PDT Peterlabs Holdings Bhd, a Malaysian manufacturer of animal health products, dropped on its debut on the Kuala Lumpur stock exchange. The stock slid 8.3 per cent to 27.5 sen at 9:20 a.m. local time. The company sold shares at 30 sen each in its initial public offering. -- Bloomberg |
KNM, Zecon rally on US$5.9b projects Posted: 25 Jul 2011 06:40 PM PDT KNM Group Bhd rose the most in seven months and Zecon Bhd rallied after agreeing with Gulf Asian Petroleum Bhd to undertake engineering and building projects valued at about US$5.9 billion. KNM advanced 8.6 per cent to RM1.90 at 9:04 a.m. local time in Kuala Lumpur trading, set for the steepest gain since Dec. 15. Zecon jumped 25 per cent to 60 sen, the most since July 20, 2010. -- Bloomberg |
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