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Petronas Dagangan rises to record high

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Petronas Dagangan rises to record high Empty Petronas Dagangan rises to record high

Post by hlk Wed 06 Jul 2011, 17:25

Petronas Dagangan Bhd, the retail arm of Malaysia’s state oil and gas company, rose to a record after saying its shares will trade ex-dividend starting Aug. 1.

The stock jumped 5.2 per cent to RM17.16 at 4:55 p.m. local time, set to close at a record. Investors buying shares from that day won’t be entitled to its special dividend of 25 sen each and a final dividend of 35 sen. -- Bloomberg


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