Malaysia Stock Movers: Catcha Media, K-One, Malaysia Building

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By Chan Tien Hin

Aug. 3 (Bloomberg) -- Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the 5 p.m. local-time close in Kuala Lumpur.

The FTSE Bursa Malaysia KLCI Index fell 9.75 points, or 0.6 percent, to 1,545.10, the lowest close since May 30.

Catcha Media Bhd. (CHM MK) jumped 28 percent to 72.5 sen, the biggest gain since its debut on July 22, after Justin Leong, Genting Bhd.’s head of strategic investment and corporate affairs, bought a 5 percent stake in the publisher and online media business operator. Leong acquired 6.66 million shares in the open market on Aug. 1, a stock-exchange filing showed.

K-One Technology Bhd. (KONE MK), an electronics components maker, slid 3.8 percent to 38 sen, its lowest close since June 7. The Securities Commission rejected K-One’s proposed listing transfer to the stock exchange’s main market from the Ace Market because it didn’t comply with the regulator’s equity guidelines.

Malaysia Building Society Bhd. (MBS MK), a mortgage financing provider, rose 7.7 percent to 1.68 ringgit, its highest close since May 26, after second-quarter net income surged 58 percent from a year earlier to 78.2 million ringgit.