Global Oriental shares soar after RM488mil shopping mall sale plan


PETALING JAYA: A surge in the volume of shares traded followed the announcement by Global Oriental Bhd (GOB) that it plans to sell a shopping mall in Subang Jaya to Pavilion Real Estate Investment Trust (REIT) for RM488mil cash.

The counter emerged as one of the most actively traded stocks on Wednesday with 57.39 million shares changing hands, climbing 12% or six sen to 57 sen.

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