KUALA LUMPUR: Shares of Guocoland Malaysia Bhd
jumped to a high of RM1.94 in active trade as retail investors chased the stock after it announced RM2.5bil worth of projects over the next three years in the Klang Valley.
At 3.55pm, it was up 32 sen to RM1.84, the highest in recent years for the low-profile property arm of the Hong Leong group. There were 18.40 million shares done at prices ranging from RM1.51 to RM1.94.
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