Tuesday, 14 February 2012

MBSB slips after unaware of privatisation plan

KUALA LUMPUR (Feb 14): Shares of MALAYSIA BUILDING SOCIETY BHD [] (MBSB) slipped in early trade after it said that it was not aware of any plans for its privatisation.

At 9.55am, it was down three sen to RM2.33.

“MBSB wishes to inform Bursa Malaysia Securities Bhd that the company is not aware of the intention to privatise MBSB and/or unlock the value in MBSB's PROPERTIES [] by the holding company,” it said in a statement to Bursa Malaysia on Monday.

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