Corporate moves drive up BCorp shares

PETALING JAYA: Recent corporate moves by Berjaya Corp Bhd (BCorp) has piqued investor interest with its shares climbing some 25% from its August 2015 lows.

The strong interest into the diversified group have built up since January after the company announced its issuance of the new Irredeemable Convertible Unsecured Loan Stock (ICULS) with the new warrants were approved by the Securities Commission.