Tuesday 20 March 2012

Metronic rises on offer for MD's stake

Metronic Global Bhd, a computer-systems developer, advanced 3.9 percent to 13.5 sen in Kuala Lumpur trading at 9.32am, on course for its highest close since Oct. 19, 2009.

Managing Director Ng Tek Che has been approached by parties seeking to buy part or all of his 5.2 percent stake, the company said in a stock-exchange filing.

The discussions are preliminary, it said. -- Bloomberg



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