THE share price of Intan Utilities Bhd has more then doubled in value since the start of last month as investors began paying attention to this largest potential shareholder of Berjaya Sports Toto Bhd (BToto).
Previously an illiquid stock that was not favoured by analysts, Intan shares have been on an upward trend after the company announced it would pay RM1.15bil to Berjaya Land Bhd (BLand) for a 26% stake in BToto.
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