GSB Group shares jump 11% on takeover bid


KUALA LUMPUR: Shares in GSB Group Bhd leapt after the company received a conditional mandatory general offer from its major shareholder of 13 sen per share.

GSB were trading up 11.11%, or 1.5 sen to 15 sen, its highest in at least five years. It is the top most heavily traded counter with over 20 million shares traded.

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