Quick take: Cycle & Carriage jumps 29% on privatisation offer


KUALA LUMPUR: Shares in Cycle & Carriage Bintang Bhd (CCB) jumped over 29% in early trade Tuesday on news that its controlling shareholder is planning to take it private.

The Mercedes-Benz dealer, is the top gainer on Bursa Malaysia, rising 29.46%, or 38 sen to RM1.67 with low volume of 12,200.

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