IOI Properties Group hits two-year high


Lee had bought 2.93 million shares on Dec 3 at an average price of RM1.31 and raised his direct stake to 5.43 million shares.

KUALA LUMPUR: Shares of low-profile IOI Properties Group surged to a two year high of RM1.71 on Monday, in the absence of strong news flow except its firm earnings growth and purchase of shares by executive vice-chairman Lee Yeow Seng.

At 12.30pm, it was up 32 sen to RM1.64. There were 36.73 million shares done at prices ranging from RM1.36 to RM1.71.

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