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Petrol One climbs on scrapping plans

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Petrol One climbs on scrapping plans Empty Petrol One climbs on scrapping plans

Post by hlk Thu 10 May 2012, 14:22

Petrol One Resources Bhd, an oil and gas services provider, climbed 1.8 percent to 84.5 sen in Kuala Lumpur at 10.06am, the most since May 2.

The company scrapped proposals for a private placement and rights issue with warrants, Petrol One said in a statement. The company is forming a new plan, it said. -- Bloomberg
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