Wednesday, 7 March 2012

Dijaya falls in active trade, KLCI dn nearly 13 pts

KUALA LUMPUR (March 7): Shares of Dijaya Corp Bhd fell on Wednesday when it resumed trading after the corporate announcement about the injection of RM1.1 billion of assets, with the decline in line with the weaker market.

At 11.14am, it was down 14 sen to RM1.53 with 16.19 million shares done. The warrants fell four sen to 59 sen with 12.12 million units done.

The FBM KLCI fell 12.92 points to 1,576.99. Turnover was 648.57 million shares valued at RM647.53 million. There were 125 gainers, 490 losers and 236 stocks unchanged.

Dijaya group CEO Tan Sri Danny Tan Chee Sing has proposed to inject his privately-held assets valued at about RM1.10 billion into the company which will transform it in one of the largest property firms in terms of market capitalisation.

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