KUALA LUMPUR: Asia Media Bhd, whose shares have been actively traded over the week, inched up in late afternoon trade on Friday, June 17.
At 4.41pm, it was up 1.5 sen or 5.2% to 30 sen with 14.85 million shares done.
The FBM KLCI rose 4.13 points to 1,558.37. However, the broader market was showing signs of some caution due to the weaker regional bourses. Losers beat gainers 384 to 309 while 336 counters were unchanged. Turnover was 681.05 million shares valued at RM1.36 billion.
The company had proposed to place out of 35% of the paid-up or 79.80 million new shares to identified Bumiputera investors.
At 4.41pm, it was up 1.5 sen or 5.2% to 30 sen with 14.85 million shares done.
The FBM KLCI rose 4.13 points to 1,558.37. However, the broader market was showing signs of some caution due to the weaker regional bourses. Losers beat gainers 384 to 309 while 336 counters were unchanged. Turnover was 681.05 million shares valued at RM1.36 billion.
The company had proposed to place out of 35% of the paid-up or 79.80 million new shares to identified Bumiputera investors.
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