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NewsTan Chong falls on Proton stake denial
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Tan Chong falls on Proton stake denial
by hlk Thu 12 Jan 2012, 13:33
Tan Chong Motor Holdings Bhd, a Malaysian car assembler and distributor,
fell the most in almost a month in Kuala Lumpur trading after saying it
has no plans to buy a controlling stake in Proton Holdings Bhd.
The stock lost 2.1 percent to RM4.20 at 9:30 a.m. local time, set for the steepest decline since Dec. 16.
Proton gained 2.5 percent to RM5.41. -- Bloomberg
fell the most in almost a month in Kuala Lumpur trading after saying it
has no plans to buy a controlling stake in Proton Holdings Bhd.
The stock lost 2.1 percent to RM4.20 at 9:30 a.m. local time, set for the steepest decline since Dec. 16.
Proton gained 2.5 percent to RM5.41. -- Bloomberg
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