Selangor Properties shares surge on privatisation deal


KUALA LUMPUR: Selangor Properties Bhd shares surged in early trade Friday after its shareholder Kayin Holdings Sdn Bhd proposed to take the company private.

The property counter hit limit up, jumping 29.8%, or RM1.21 to RM5.27, making it the top gainer on Bursa Malaysia.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Selangor Properties

   

Next In Business News

FBM KLCI edges higher amid regional downtrend; plantation stocks lead decliners
BNP lays off a dozen China dealmakers amid fee plunge
Oil pares losses on tight supply but cloudy demand caps gains
Thailand's currency, stocks rally on economic, earnings momentum; Asia FX mixed
Global EV sales up 35% in October, Europe ekes out a gain
Trump names Elon Musk to role leading government efficiency drive
Malaysia's new vehicle sales drop 8.3% in October 2024
Measures rolled out to promote growth of inland business hubs
Stocks slide on unease over jump in bond yields as focus turns to US inflation
Dollar, bitcoin slow momentum as markets eye US inflation

Others Also Read