Quick take: Karambunai shares jump 23% on privatisation


KUALA LUMPUR: Karambunai Corp Bhd shares jumped as much as 29% in early Tuesday trade after its largest shareholder, Tan Sri Chen Lip Keong offered to take the company private.

The property and tourism company surged 23.53%, or two sen to 10.5 sen with 2.2 million shares done. Karambunai-WC jumped 66.67%, or one sen to 2.5 sen with 10.9 million shares traded.

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