Quick take: MTD ACPI jumps 20% on plan to acquire Putrajaya Perdana assets


KUALA LUMPUR: Shares in MTD ACPI Engineering Bhd surged 20% in early trade Thursday after the group proposed to acquire Putrajaya Perdana Bhd’s assets spurring speculation of possible reverse takeover.

The construction firm jumped 20.6%, or 3.5 sen to 20.5 sen with over 1.5 million shares traded. 

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MTD ACPI , Putrajaya Perdana

   

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