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Proton climbs on stake sale report

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Proton climbs on stake sale report

Post by hlk Mon 12 Dec 2011, 12:50

Proton Holdings Bhd, Malaysia’s national carmaker, gained the most in a
week in Kuala Lumpur trading after Business Times reported that Khazanah
Nasional Bhd will sell its stake in the carmaker to DRB-Hicom Bhd.

The stock climbed 5 percent to RM4.19 at 9:03 a.m. local time, set for its steepest increase since Dec. 5.

DRB-Hicom rose 2.8 percent to RM2.18. -- Bloomberg

hlk: Moderator; Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia

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