Hot Stocks Puncak, Peransang up after Khalid statement on water negotiations
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Hot Stocks Puncak, Peransang up after Khalid statement on water negotiations
Hot Stocks Puncak, Peransang up after Khalid statement on water negotiations |
Business & Markets 2013 |
Written by Kamarul Anwar of theedgemalaysia.com |
Tuesday, 29 October 2013 17:06 |
Earlier, Selangor Mentri Besar Tan Sri Khalid Ibrahim said the state government is preparing the text arrangements with the Federal Government in order to complete the long-standing water restructuring issue in the state.
While no new offers are going to be tabled, he told reporters that the state is currently discussing on “how best to come up with the offer”.
Puncak Niaga Holdings Bhd, which owns 70% of concessionaire Syarikat Bekalan Air Selangor (Syabas), rose eight sen or 2.46% to RM3.33 as at 4:41 pm.
The counter was earlier traded between RM3.25 and RM3.38, with 2.13 million shares transacted.
Concurrently, Kumpulan Perangsang Selangor Bhd (KPS) was up by 11 sen or 5.16% at RM2.24.
A total of 3.21 million shares were exchanged after being traded at a high of RM2.25.
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