Malaysia Stock-Market Movers: DiGi.Com, Puncak Niaga, Tricubes
The FTSE Bursa Malaysia KLCI (FBMKLCI) Index fell 0.71 point, or 0.1 percent, to 1,469.12, snapping a two-day gain. The gauge fell 0.3 percent this week.
DiGi.Com Bhd. (DIGI) , Malaysia’s third-largest mobile phone operator, rose 2.8 percent to a record 32 ringgit. It plans to return cash to shareholders after receiving a 509 million-ringgit ($170 million) payment from a unit. Investors will also receive 10 shares for each one they currently own in a proposed split to make the stock more affordable and boost liquidity, according to stock-exchange filings.
Puncak Niaga Holdings Bhd. (PNH MK) jumped 12 percent to 1.28 ringgit, the biggest gain since Nov. 4, 2008, after the Business Times reported that the water-treatment operator may join a group to take over Indah Water Konsortium Sdn., the national sewerage company. Puncak Chairman Rozali Ismail wasn’t available to comment, his secretary said.
Tricubes Bhd. (TRCU) , a software products developer, climbed 19 percent to 16 sen, its biggest gain since Aug. 2, after winning a 4.4 million-ringgit contract from Malaysia’s Ministry of Home Affairs.
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