Quick take: Yong Tai rises 11% on cruise terminal approval


KUALA LUMPUR: Shares in Yong Tai Bhd jumped 11% in early trade Tuesday after receiving approval from the Melaka state government to develop an international cruise terminal.

The counter, the second most heavily traded on Bursa Malaysia, rose 11.11%, or 1.5 sen to 15 sen with 33 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!
Yong Tai

Next In Business News

Oil down 2% after US, Iran sign ceasefire agreement
Top Glove's 9M profit jumps 64% on stronger sales, margins
EcoWorld's seven-month sales hit RM3.28bil, reaching 82% of FY26 target
FBM KLCI trades higher at midday despite tighter global liquidity worries
Thailand revives US$30bil coast-to-coast corridor to rival Malacca Strait
Japan's Nikkei gauge crosses 71,000 on US-Iran peace deal
MAG working closely with AirBorneo on operational recovery, aircraft availability
Sum Technology jumps on ACE Market debut
Malaysia eyes broader cooperation with Turkmenistan during Anwar's visit
New Zealand's economy perks up in Q1, eyes on Iran war impact

Others Also Read