Friday, 6 January 2012

BHIC dips after quashing privatisation talks

KUALA LUMPUR (Jan 6): BOUSTEAD HEAVY INDUSTRIES CORP []oration Bhd (BHIC) shares retreated on Friday after it denied being part of any on-going privatisation talks.

At 9.30am, BHIC fell 18 sen to RM3.93 with 181,800 shares done.

The company on Thursday clarified that it had not received any indication or direction from its shareholders about any major acquisition of shares in the company which might include potential privatisation.



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