Tuesday 20 March 2012

Metronic, Ariantec mixed in active trade

KUALA LUMPUR (March 20): Share prices of METRONIC GLOBAL BHD [] and its 17%-owned unit Ariantec Global Bhd were mixed in active trade on Tuesday.

At 9.55am, Ariantec Global fell two sen to 11.5 sen with 62.25 million shares done after the recent rally in its share price. Metronic edged up 0.5 sen to 13.5 sen with 49.19 million units transcated.

The FBM KLCI rose 3.06 points to 1,576.66. Turnover was 558.24 million shares valued at RM190.52 million. There were 193 gainers, 160 losers and 265 stocks unchanged.

Metronic said late Monday it was informed by its managing director Dr Ng Tek Che that he was approached by parties who are keen to acquire his 5.23% stake in the firm.

Metronic, which specialises in system integration of intelligent building management and integrated security management systems. Ariantec offers information TECHNOLOGY [] services.



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