KUALA LUMPUR: Shares in Lingkaran Trans Kota Holdings Bhd (Litrak) jumped 16.3% in early trade on Monday after the Government proposed to takeover its highway.
The concessionaire jumped 17.58%, or 74 sen to RM4.95, its highest since September last year. It is currently the top gainer on Bursa Malaysia. It is currently trading at a PE ratio of 9.4 times. In the past one year, the counter has gained 17.99%.
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