Muhibbah shares up 11% after securing Petronas license


You mean Muhibbah didn’t have a PETRONAS license before this?

Dateline 2013-06-28, The Star:

Shares of Muhibbah Engineering (M) Bhd rose 17 sen or 11% to RM1.74 at 3.46pm on Friday on news that it had been awarded a license by Petroliam Nasional Bhd.

It was one of the most actively traded stocks with 15.7 million shares traded between RM1.63 and RM1.74.

The FBM KLCI rose 15.79 points to 1,767.36. Turnover was 1.09 billion valued at RM1.654bil with 462 gainers, 242 losers and 302 counters unchanged.

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This entry was posted on Friday, July 26th, 2013 at 6:00 am and is filed under Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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