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UMW Hlgs slides to 3-year low

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UMW Hlgs slides to 3-year low Empty UMW Hlgs slides to 3-year low

Post by hlk Fri 16 Dec 2011, 19:11

UMW Holdings Bhd, a Malaysian automotive assembler, declined the most in
three years in Kuala Lumpur trading after denying a Business Times
report that it was in discussions to buy a stake in national carmaker
Proton Holdings Bhd.


The stock slid 4.7 percent to RM6.52 at 9:11 a.m. local time, set for the largest drop since Dec. 2, 2008. -- Bloomberg
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