Pacificmas: SHARES of the company surged to a fresh 52-week high as the company negotiates to become the country's largest insurance company by taking over Great Eastern Life Assurance. The prospect of buying into a potentially huge company that is trading at below its net tangible asset per share of RM4.90 has appealed to certain investors who may feel the stock is a value buy at current levels. For latest Pacificmas share prices and charts click here
IOI Corp: AFTER a roller coaster showing on Friday, shares of IOI Corp found some more support yesterday, closing up 6 sen after initially falling to RM4.56 per share. Volume traded also subsided substantially, indicating that selling by dissatisfied investors may be tapering. The company further supported its share price by buying 1.27 million shares yesterday, on top of the 971,000 shares it bought on Friday. For latest IOI Corp share prices and charts click here
For latest Pacificmas share prices and charts click here
