Delloyd Ventures surges after buyout offer raised


KUALA LUMPUR: Delloyd Ventures Bhd’s share price surged to multi-year highs of RM4.96 on Tuesday after its major shareholders raised their buyout offer by 40 sen to RM5.20 a share.

At 10.11am, it was up 14 sen to RM4.92, extending its gains from Monday ahead of the announcement. Turnover was 246,000 shares done at prices ranging from RM4.90 to RM4.96.

   

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