Pos Malaysia Bhd, the national postal company, rose to a six-week high in Kuala Lumpur trading after announcing plans for a special dividend payout. The stock climbed 3.4 per cent to RM3.34 at 9:02 a.m. local time, set for its highest close since Feb. 14. -- Bloomberg
9:49 AM (56 minutes ago)
Keladi Maju gains after income doubles
Keladi Maju Bhd, a Malaysian property and plantation group, rose to its highest level in more than five weeks after net income in the fourth quarter ended Jan. 31 more than doubled from a year earlier. The stock gained 2.6 per cent to 19.5 sen at 9:02 a.m. in Kuala Lumpur trading, set for its highest close since Feb. 17. -- Bloomberg
9:49 AM (56 minutes ago)
Perisai advances on Legg Mason stake buy
Perisai Petroleum Teknologi Bhd rose to a record in Kuala Lumpur trading after Legg Mason Inc bought a 5.2 per cent stake in the Malaysian oil and gas services provider. The stock advanced 2.6 per cent to 78 sen at 9:15 a.m. local time, set to close at an all-time high. -- Bloomberg