Quick take: Dolomite jumps 175% on disposal of quarry unit to Sunway


KUALA LUMPUR: Shares of Dolomite Corp Bhd jumped 175% in early trade Tuesday after the company announced plan to sell its unit to Sunway Group for RM125mil.

The counter, the third most active on Bursa Malaysia, surged 175%, or 14 sen to 22 sen with over 18 million shares traded.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Dolomite , Sunway

Next In Business News

IOIPG eyes 50% stake in Singapore’s One Raffles Place
iCents to build RM36.15mil semiconductor facility
Deleum plans RM13 mil disposal of technology solutions unit to Ocean Vantage
MN Holdings secures RM293.9mil DC infrastructure contracts
Infomina secures RM22mil five-year contract from Panasonic Digital
Astral Asia receives RM2.34mil deposit for Pahang solar farm project
IJM Corp secures RM1.23bil manufacturing facilities project in Kulim
LAC Med secures 7-year integrated medical imaging solutions contract of up to RM20mil with Health Capitol
FBM KLCI closed marginally higher
Swift Energy secures purchase orders totalling RM59mil

Others Also Read