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Pharmaniaga hits limit-up on trade resumption

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Pharmaniaga hits limit-up on trade resumption Empty Pharmaniaga hits limit-up on trade resumption

Post by hlk Fri 15 Jun 2012, 10:01

KUALA LUMPUR: Shares of Pharmaniaga Bhd hit limit-up in early trade on Friday, surging to RM6.48 after it resumed trading.
At
9.06am, the share price was up 29.8% or RM1.49 to RM6.48. There were
241,800 shares done. Its pre-suspension price was RM4.99.
The FBM KLCI
rose 5.85 points to 1,576.79. Turnover was 22.41 million shares valued
at RM16.18mil. There were 83 gainers, 31 losers and 79 counters
unchanged.
On Thursday, Pharmaniaga said its public shareholding spread increased to 25.76%.
This was after its parent, Boustead Holdings Bhd placed out 10.45 million shares to rectify the shortfall in the public spread requirement.
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