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C.I. Hldgs leaps to 5-year high on unit sale

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C.I. Hldgs leaps to 5-year high on unit sale Empty C.I. Hldgs leaps to 5-year high on unit sale

Post by hlk Fri 22 Jul 2011, 13:28

C.I. Holdings Bhd, a Malaysian beverage group, rose the most in five
years in Kuala Lumpur trading after agreeing to sell its bottling unit
Permanis Sdn Bhd for RM820 million.


Its shares leapt 18.6 per cent to RM4.84 at 9:08 a.m. local time,
set for their largest increase since February 2006. -- Bloomberg
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