Tuesday, 6 March 2012

CI Holdings top gainer in early trade

KUALA LUMPUR (March 6): Shares of CI Holdings Bhd advanced in early trade on Tuesday after the company announced its capital repayment of 50 sen per ordinary share would go ex on March 16.

At 9.06am, it was up 13 sen to RM1.48. There were 1.18 million shares done.

The FBM KLCI slipped 0.46 of a point to 1,588.76. There were 48.66 million shares valued at RM27.29 million. There were 84 gainers, 67 losers and 148 stocks unchanged.

CI Holdings said on Monday the capital repayment of 50 sen per share was pursuant to the reduction of the issued and paid-up share capital under Section 64 of the Companies Act, 1965.

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