Quick take: White knight rides to Barakah's rescue, shares soar


KUALA LUMPUR: Shares in Barakah Offshore Petroleum Bhd rose 18% on Tuesday after it found a white knight, Singapore’s Lecca Group Ptd Ltd, to revive the company.

The PN17 company is up 18.18%, or one sen to 6.5 sen. It is currently the most active counter with over 114.9 million shares traded. 

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