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 fell 0.3 per cent to 1,468.75, a second day of losses. The gauge declined for the second straight week, dropping 0.6 per cent.
C.I. Holdings Bhd, a beverage group, jumped 5.5 per cent to RM5.22, its highest close since June 6, 2000. The company is proposing to increase the size of its cash distribution to RM5.10 a share.
Century Logistics Holdings Bhd, a transport services provider, climbed 3 per cent to RM1.70, its highest close since Aug. 23. Earnings in the third quarter grew to RM8.99 million.
Equine Capital Bhd, a property developer, increased 6.7 per cent to 56 sen, the steepest gain since April 1. Profit in the second quarter almost doubled to RM12 million from RM6.3 million a year earlier.
iDimension Consolidated Bhd, a Malaysian software developer, rose 1.3 per cent in its debut on the Kuala Lumpur stock exchange today. The stock climbed to 38.5 sen from an initial public offering price of 38 sen.
MWE Holdings Bhd, a yard and fabric manufacturer, increased 1.6 per cent to RM1.25, its highest close this month. Third-quarter profit rose 3 per cent to RM12.5 million.
United Malayan Land Bhd, a Malaysian property developer, gained 2.1 per cent to RM1.44, its biggest increase since Oct. 13. The company agreed to buy Tentu Teguh Sdn Bhd and land in Iskandar, Johor, for RM11 million. -- Bloomberg
The FTSE Bursa Malaysia KLCI Index fell 0.3 per cent to 1,468.75, a second day of losses. The gauge declined for the second straight week, dropping 0.6 per cent.
C.I. Holdings Bhd, a beverage group, jumped 5.5 per cent to RM5.22, its highest close since June 6, 2000. The company is proposing to increase the size of its cash distribution to RM5.10 a share.
Century Logistics Holdings Bhd, a transport services provider, climbed 3 per cent to RM1.70, its highest close since Aug. 23. Earnings in the third quarter grew to RM8.99 million.
Equine Capital Bhd, a property developer, increased 6.7 per cent to 56 sen, the steepest gain since April 1. Profit in the second quarter almost doubled to RM12 million from RM6.3 million a year earlier.
iDimension Consolidated Bhd, a Malaysian software developer, rose 1.3 per cent in its debut on the Kuala Lumpur stock exchange today. The stock climbed to 38.5 sen from an initial public offering price of 38 sen.
MWE Holdings Bhd, a yard and fabric manufacturer, increased 1.6 per cent to RM1.25, its highest close this month. Third-quarter profit rose 3 per cent to RM12.5 million.
United Malayan Land Bhd, a Malaysian property developer, gained 2.1 per cent to RM1.44, its biggest increase since Oct. 13. The company agreed to buy Tentu Teguh Sdn Bhd and land in Iskandar, Johor, for RM11 million. -- Bloomberg
