Ranhill Power makes a strong comeback


  • Business
  • Saturday, 29 May 2004

RANHILL Power Bhd (formerly EPE Power Corp Bhd) surged RM1.58 to close at RM2.58 on volume of 1.1 million shares on its requotation yesterday on the second board of Bursa Malaysia after having completed its corporate and debt restructuring exercise.  

The counter opened at RM1.99 against its reference price of RM1. Dealers attributed the run-up to anticipation of a company turnaround play. 

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