Dutaland shares, warrant active on plantation sale
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Dutaland shares, warrant active on plantation sale
KUALA LUMPUR: DUTALAND BHD [] securities were actively traded on Friday, July 29 after its unit Duta PLANTATION []s sold 11,977.9ha of oil palm plantation to IOI Corporation for RM830 million.
At 11.10am, Dutaland warrants rose half a sen to 17 sen with 45.92 million units done, while the shares edged up half a sen to 62 sen with 27.29 million shares traded.
Dutaland said on July 28 that Dutaland Plantations’ unit Pertama Land & Development was selling the plantation to IOI Corp’s indirect wholly-owned unit Sri Mayvin Plantation.
At 11.10am, Dutaland warrants rose half a sen to 17 sen with 45.92 million units done, while the shares edged up half a sen to 62 sen with 27.29 million shares traded.
Dutaland said on July 28 that Dutaland Plantations’ unit Pertama Land & Development was selling the plantation to IOI Corp’s indirect wholly-owned unit Sri Mayvin Plantation.
hlk- Moderator
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Re: Dutaland shares, warrant active on plantation sale
Price drops.
Buy on rumours and sell on news
Such good news
Buy on rumours and sell on news
Such good news
thk- Member
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Join date : 2011-07-21
Re: Dutaland shares, warrant active on plantation sale
thk wrote:Price drops.
Buy on rumours and sell on news
Such good news
u got insiders news can buy n keep sure huat !
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Re: Dutaland shares, warrant active on plantation sale
Only outside news of RM830 Million sale.
What more good news?
Unlike to distribute to minority shareholders
What more good news?
Unlike to distribute to minority shareholders
thk- Member
- Posts : 840 Credits : 894 Reputation : 29
Join date : 2011-07-21
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