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FBM KLCI ends 0.1pc down

Published: 2009/11/25
 
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MALAYSIA’S FTSE Bursa Malaysia KLCI Index fell less than 0.1 per cent to close at 1,271.

Kelington Group Bhd, the supplier of Ultra High Purity (UHP) gas and chemical delivery systems, surged 20 per cent to 63.5 sen in its trading debut.

Kelington is the first company to start trading on Malaysia’s ACE Market since its name change from Mesdaq. It raised RM5.1 million by selling 9.71 million new shares at 53 sen each.

Tanjung Offshore Bhd, the oil and gas services provider, slumped 3.6 per cent to 95 sen, its lowest close since April 10.

The company posted a third-quarter net loss of RM10.3 million compared with a RM5.1 million profit in the same period a year earlier.

Willowglen MSC Bhd, a Malaysian software company, jumped 9.4 per cent to 35 sen, the most since May 27.

The company plans to shift its listing to Malaysia’s main market. - Bloomberg






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