Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur.
The FTSE Bursa Malaysia KLCI Index rose 0.9 per cent to 1,444.72. The market was shut yesterday for a public holiday.
Malaysian Resources Corp, a property developer, rose 2.7 per cent to RM1.94, the most since Nov. 11. Third-quarter net profit rose to RM10.7 million from RM3.7 million a year earlier, it said in a statement.
MISC Bhd, Malaysia’s biggest shipping group, climbed 2.1 per cent to RM5.92. MISC said it intends to sell its entire fleet of 16 container vessels within about six months as it exits unprofitable cargo-box operations.
Sarawak Plantation Bhd, an oil-palm grower, added 2.2 per cent to RM2.30. Third-quarter net profit more than doubled to RM23.4 million, it said in a statement.
Time dotCom Bhd, a fiber-optic capacity provider, gained 3.9 per cent to 67 sen, its biggest increase since Nov. 9. Third-quarter net profit almost doubled to RM40.7 million from RM20.9 million a year earlier.
Wellcall Holdings Bhd, a rubber-hose maker, climbed 2.5 per cent to RM1.25, the steepest gain since Oct. 5. Wellcall proposed a special interim dividend of 3.5 sen a share, it said in a statement. -- Bloomberg
The FTSE Bursa Malaysia KLCI Index rose 0.9 per cent to 1,444.72. The market was shut yesterday for a public holiday.
Malaysian Resources Corp, a property developer, rose 2.7 per cent to RM1.94, the most since Nov. 11. Third-quarter net profit rose to RM10.7 million from RM3.7 million a year earlier, it said in a statement.
MISC Bhd, Malaysia’s biggest shipping group, climbed 2.1 per cent to RM5.92. MISC said it intends to sell its entire fleet of 16 container vessels within about six months as it exits unprofitable cargo-box operations.
Sarawak Plantation Bhd, an oil-palm grower, added 2.2 per cent to RM2.30. Third-quarter net profit more than doubled to RM23.4 million, it said in a statement.
Time dotCom Bhd, a fiber-optic capacity provider, gained 3.9 per cent to 67 sen, its biggest increase since Nov. 9. Third-quarter net profit almost doubled to RM40.7 million from RM20.9 million a year earlier.
Wellcall Holdings Bhd, a rubber-hose maker, climbed 2.5 per cent to RM1.25, the steepest gain since Oct. 5. Wellcall proposed a special interim dividend of 3.5 sen a share, it said in a statement. -- Bloomberg
