Tuesday, April 12, 2011

Notion up in early trade

KUALA LUMPUR: NOTION VTEC BHD [] shares and warrants advanced in early trade on Tuesday, April 12 after the company said its controlling shareholders had been approached by a party indicating their intention to acquire the entire business/equity interests in the company.

At 9.15am, Notion shares gained nine sen to RM2.28 while its warrants added 8.5 sen to 66.5 sen.

Notion on Monday, April 11 however had said that neither the controlling shareholders nor the company had received any definitive proposal.

'Negotiations are still on-going and the company will make the necessary announcement should there be any matter that requires an immediate disclosure,' it said.

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