PETALING JAYA: Lion Forest Industries Bhd (LionFIB) shares have been drawing some buying interest recently amid market talk that the company may be taken private by Lion Industries Corp Bhd
(LionInd), which already owns 81% of the company.
LionFIB rose 23 sen to RM2.70 last Friday and moved up another 14 sen to a day's high of RM2.84 yesterday before succumbing to profit-taking and closing at RM2.69.
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