UMW Holdings Bhd, a Malaysian automotive assembler, declined the most in three years in Kuala Lumpur trading after denying a Business Times report that it was in discussions to buy a stake in national carmaker Proton Holdings Bhd.
The stock slid 4.7 percent to RM6.52 at 9:11 a.m. local time, set for the largest drop since Dec. 2, 2008. -- Bloomberg
The stock slid 4.7 percent to RM6.52 at 9:11 a.m. local time, set for the largest drop since Dec. 2, 2008. -- Bloomberg
