Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Malaysia Stocks: Careplus Group, PacificMas, Scomi Engineering

Dec. 6 (Bloomberg) -- Malaysia’s FTSE Bursa Malaysia KLCI Index gained 0.76 point, or 0.1 percent, to 1,501.74 at the 5 p.m. local-time close.

Careplus Group Bhd. (CPG MK), the Malaysian glove producer, jumped 17 percent to 27 sen on its first trading day. The company sold shares at 23 sen apiece in its initial public offering, according to its listing prospectus.

PacificMas Bhd. (PACM MK), an insurer and asset management group, advanced 7 percent to 4.60 ringgit, the biggest advance since May 14. PacificMas said it signed an agreement to sell its insurance unit to Fairfax Asia Ltd. for 219.1 million ringgit ($70 million).

Scomi Engineering Bhd. (SEB MK), a Malaysian engineering and transport equipment maker, surged 19 percent to 1.14 ringgit, the most in more than four months after accepting a 494 million-ringgit contract to supply coaches for a monorail extension in the country’s capital.

Seacera Tiles Bhd. (STB MK), a Malaysian ceramic-tile maker, fell 6.4 percent to 73 sen after announcing plans for a rights offer with warrants to raise funds for working capital and to repay debt.

To contact the reporter on this story: Berni Moestafa in Jakarta at bmoestafa@bloomberg.net; Chan Tien Hin in Kuala Lumpur at thchan@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.