KUALA LUMPUR (Feb 8): Shares of NAIM INDAH CORPORATION BHD [] hit limit-up to 48 sen in late morning on Wednesday in very active trade as traders and speculators chased up the shares.
At 10.20am, it was up 30 sen to 48 sen with 232.92 million shares done. This was 33.2% of its paid-up of 702.03 million shares.
Meanwhile, a total of 170.06 million shares was transacted in several off-market deals at 18 sen each.
The FBM KLCI rose 12.42 points to 1,551.19. Turnover was 1.35 billion shares valued at RM763.86 million. There were 438 gainers, 198 losers and 286 stocks unchanged.
Last Friday, Crest Energy Sdn Bhd – which owns the 22.8% stake which comprises of 160.06 million shares - was said to be in discussions with various parties to dispose of the shares.
However, Naim Indah said that no details of the proposed disposal, including the price, had been finalised.
“Further details of the proposed disposal will be announced in due course. Please note that at this moment, there is no certainty of the proposed disposal will be successful,” it said.
At 10.20am, it was up 30 sen to 48 sen with 232.92 million shares done. This was 33.2% of its paid-up of 702.03 million shares.
Meanwhile, a total of 170.06 million shares was transacted in several off-market deals at 18 sen each.
The FBM KLCI rose 12.42 points to 1,551.19. Turnover was 1.35 billion shares valued at RM763.86 million. There were 438 gainers, 198 losers and 286 stocks unchanged.
Last Friday, Crest Energy Sdn Bhd – which owns the 22.8% stake which comprises of 160.06 million shares - was said to be in discussions with various parties to dispose of the shares.
However, Naim Indah said that no details of the proposed disposal, including the price, had been finalised.
“Further details of the proposed disposal will be announced in due course. Please note that at this moment, there is no certainty of the proposed disposal will be successful,” it said.
