Tuesday, 6 December 2011

Proton: Unaware of reason for shares' surge

Proton Holdings Bhd, Malaysia’s state-controlled carmaker, said it isn’t aware of any reason for its recent share price surge.

“There is no material corporate development not previously disclosed,” Proton said in a filing with the stock exchange today. The automaker halted its shares before the announcement after jumping 25 per cent yesterday. -- Bloomberg



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