Stock Market Books

Wednesday, May 14, 2008

KLCI closed 1.2 points up to 1287.74

KLCI closes 1.2 points at 1287.74. Tanjong rose 40 sen to RM 16.70, Leader steel was up 26 sen to 96 sen but Public Bank fell 30 sen to RM 11.60, BCHB was down 10 sen to 9.90.

Quill Capita Trust buys Tesco building in Jelutong, Penang for RM 132 m from IJM Properties. Acquisition to raise Quill properties to RM796m.

Boustead, Boustead Properties were suspended since 11.31 am pending announcements. Boustead properties was up 26sen to RM 4.64, Boustead was unchangedat RM 5.25.

Boustead Holdings is to announce takeover offer on Boustead Properties tomorrow. Stocks are suspended until 5 pm tomorrow.

Toyataki Inc of Japan bought 19.76% or 13 m share of Infortech Alliance on May 7 which Infortech Equities sold 14.3m shares same day.

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