Nomad surges on Plenitude takeover plan


KUALA LUMPUR:  Shares of The Nomad Group surged to a high of RM1.20 early Tuesday – just five sen away from the RM1.25 offer made by property developer Plenitude Bhd to take over the company in an all-share deal.

At 9.14am, Nomad was up 23 sen to RM1.13. There were 56,300 shares done at prices ranging from RM1.11 to RM1.20.

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