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| Telekom climbs on Axiata share sale Posted: 26 Jul 2011 06:23 PM PDT Telekom Malaysia Bhd, the national fixed-line and Internet services provider, advanced the most in two months after raising RM468.3 million by selling its stake in Axiata Group Bhd. Telekom climbed 2 per cent to RM4.07 at 9:11 a.m. local time in Kuala Lumpur trading, set for its steepest gain since May 25. -- Bloomberg
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| Prestariang falls on KL listing debut Posted: 26 Jul 2011 06:38 PM PDT Prestariang Bhd, a Malaysian communications software company, fell 3.9 per cent in its debut on the Kuala Lumpur stock exchange. The stock dropped 3.5 sen to 86.5 sen at 9:17 a.m. local time. The company sold shares at 90 sen each in its initial public offering. -- Bloomberg
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