MPHB Capital unit still in talks to sell stake in MPI Generali


MPHB Capital Bhd is unaware of the reasons which caused the sharp rise in price and volume of the company’s shares on Thursday.

KUALA LUMPUR: MPHB Capital Bhd is unaware of the reasons which caused the sharp rise in price and volume of the company’s shares on Thursday.

In its reply to Bursa Malaysia Securities’ query over the unusual market activity on Friday, it said last year it had informed the stock exchange over the proposals to dispose of its stake in MPI Generali to Generali Asia N.V.

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!
   

Next In Business News

HR challenges in strata property
It looks terrific for terraced houses
Beware the tax
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated
Strained by lack of positive catalysts
Bank Negara allows MDBs and DFIs to issue ringgit bonds
Robust economy to boost banking
Schooling kids on money use
Don’t delay merger control, empower MyCC as the sole regulator

Others Also Read