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
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
