Friday 20 January 2012

DiGi surges to record, fair value raised

DiGi.Com Bhd, Malaysia’s third- largest mobile-phone operator by market value, jumped to a record in Kuala Lumpur trading after fourth-quarter net income grew 19 per cent to RM394.2 million.

The stock gained 1.3 per cent to RM3.93 at 9:03 a.m. local time.

DiGi's fair value raised to RM4.40 from RM4.10, RHB Research analyst Lim Tee Yang writes in report. -- Bloomberg



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