Trading in Oldtown suspended for corporate news


KUALA LUMPUR: Trading in the shares of Oldtown Bhd was voluntarily suspended at 10.10am on Friday ahead of its announcement of corporate news.

It rose to a high of RM2.93. Its last traded price was unchanged at RM2.88.

The restaurant chain owner and operator is also involved in food processing. It manufactures instant coffee mix, roasted coffee powder, instant milk tea mix and instant chocolate.

Its 52-week high was RM3.42 on May 16, 2017 and 52-week low was RM1.83 on Dec 8, 2016.

At RM2.88 it is trading at a price-to-earnings of 19.89 times and forward P/E of RM19.20 times.

 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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

US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global
Supermax buys remaining 33% stake in SHCI for RM18.96mil
Scientex to deploy large scale solar PV system at its facilities nationwide
Ahmad Maslan: RM180bil allocation available for projects in construction sector this year
MR D.I.Y. plans 180 new stores in 2024, targets 2,000 by 2028

Others Also Read