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Malaysian Stock Movers: Ebworx, Favelle Favco, Gopeng, Smartag

By Gan Yen Kuan

April 6 (Bloomberg) -- Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the close in Kuala Lumpur.

The FTSE Bursa Malaysia KLCI Index rose 0.3 percent to 1,598.87, snapping a two-day decline. The gauge climbed 0.2 percent this week.

Ebworx Bhd. (EBWX MK), a computer-software provider, rose 1.1 percent to 88.5 sen, a record close. Hitachi Ltd. plans to make a buyout offer for its shares at 90 sen each, Ebworx said in a statement. OSK Ventures International Bhd. (OSKV MK), which owns 25.4 percent of Ebworx, said it will accept the offer. OSK Ventures gained 2.5 percent to 41.5 sen.

Favelle Favco Bhd. (FFB MK), a crane maker, advanced 2.9 percent to 1.41 ringgit, its steepest increase since March 14. The company won orders totaling 102.1 million ringgit ($33 million), it said in a stock-exchange filing.

Gopeng Bhd. (GOP MK), an oil-palm planter, jumped 9.7 percent to 79 sen, its largest gain since Aug. 17, 2010. The company proposed a final dividend of 9.8 sen per share, it said in an exchange filing.

Smartag Solutions Bhd. (SMTG MK), a provider of radio-frequency identification technology, climbed 2.3 percent to 22.5 sen, the most since March 28. The company won a government contract to implement a mobile digital wallet system, it said in a statement.

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