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Iris Corp rises on stake buy

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Iris Corp rises on stake buy

Post by hlk Wed 21 Mar 2012, 22:42

Iris Corp, a technology-consulting company, rose 5.7 per cent to 18.5 sen as of 9:37 a.m. in Kuala Lumpur, bound for its steepest gain since March 8. The company agreed to buy a 20 per cent stake in Neuralogy Sdn Bhd, a researcher and developer of telecommunications products, for RM500,000, it said in a statement. -- Bloomberg

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