Thursday 9 February 2012

Naim Indah extends gains in heavy trade

KUALA LUMPUR (Feb 9): Shares of NAIM INDAH CORPORATION BHD [] extended the gains in early trade on Thursday with the emergence of new shareholders.

At 9.13am, it was up 19.5 sen to 68.5 sen with 66.65 million shares done.

The FBM KLCI slipped 1.23 points to 1,551.95. Turnover was 325.59 million shares valued at RM168.91 million. Advancing counters beat decliners 195 to 122 while 203 stocks were unchanged.

Naim Indah announced on Wednesday that its major shareholder Crest Energy Sdn. Bhd had disposed of all its 22.80% stake comprising of 160.06 million shares in the company.

Crest Energy had disposed of a 12.11% or 85 million shares to Datuk Raymond Chan Boon Siew and 3.99% or 28 million shares to Ng Kian Huat. Chan

Another 2.56% or 18 million units were disposed of to Woo Sew Kew and a 2.28% or 16 million shares to Leow Sien Kuan.



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