KUALA LUMPUR: Sumatec Resources Bhd surged 250% in early trade Wednesday after its business partner, CaspiOilGas LLP (COG) has successfully defended against claims from creditors at the Supreme Court of the Republic of Kazakhstan.
The PN17 company surged 250%, or 2.5 sen to 35 sen. It is the most active counter with over 326 million shares traded. Sumatec-WA jumped 500%, or 2.5 sen to three sen.
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