Bursa Alert
Global Market
NewsMPHB falls 8% after offer for sale of MPHB Capital goes ex
Page 1 of 1
MPHB falls 8% after offer for sale of MPHB Capital goes ex
by hlk Mon 27 May 2013, 15:18
By Joseph Chin
KUALA LUMPUR: Shares of Multi-Purpose Holdings Bhd (MPHB) fell 8.2% in early trade on Monday after its renounceable offer for sale of shares in MPHB Capital Bhd went ex.
At 9.28am, MPHB was down 32 sen to RM3.57. There were 1,25 million shares done.
The
FBM KLCI fell 6.48 points to 1,766.58. Turnover was 216.14 million
shares valued at RM174mil. There were 190 gainers, 173 losers and 165
counters unchanged.
The corporate exercise included MPHB's offer
for sale of 715 million MPHB shares to MPHB shareholders on a one offer
share for every two shares held as at 5pm on Wednesday. The offer price
was RM1 per offer share.
KUALA LUMPUR: Shares of Multi-Purpose Holdings Bhd (MPHB) fell 8.2% in early trade on Monday after its renounceable offer for sale of shares in MPHB Capital Bhd went ex.
At 9.28am, MPHB was down 32 sen to RM3.57. There were 1,25 million shares done.
The
FBM KLCI fell 6.48 points to 1,766.58. Turnover was 216.14 million
shares valued at RM174mil. There were 190 gainers, 173 losers and 165
counters unchanged.
The corporate exercise included MPHB's offer
for sale of 715 million MPHB shares to MPHB shareholders on a one offer
share for every two shares held as at 5pm on Wednesday. The offer price
was RM1 per offer share.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Hot Stock MPHB rises 4% to 16-year high on offer for sale
» Hot Stock MPHB Capital up 6% on Bank Negara's approval for insurance arm stake sale
» MPHB rises on asset sale to MCA
» MPHB extends offer deadline
» MPHB Capital 3Q net profit up 38.4% to RM17.8 mln
» Hot Stock MPHB Capital up 6% on Bank Negara's approval for insurance arm stake sale
» MPHB rises on asset sale to MCA
» MPHB extends offer deadline
» MPHB Capital 3Q net profit up 38.4% to RM17.8 mln
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|