Telekom share price on the rise after news of new CEO


  • Business
  • Thursday, 10 Jun 2004

SHARES of Telekom Malaysia Bhd have been on the uptrend since the announcement three weeks ago of Datuk Abdul Wahid Omar's appointment as its new director and chief executive officer.  

The announcement, coupled with the company's strong showing in the first quarter of this year, helped the counter to close yesterday at an eight-week high of RM10.20, up 20 sen from Tuesday, on volume of 3.9 million shares.  

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

FBM KLCI remains in bullish mode on US corporate results beat
Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Vietnam apparel companies raise concerns over 2H production
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience

Others Also Read