Quick take: Straits jumps 25% on emergence of new shareholder


KUALA LUMPUR: Straits Inter Logistics Bhd’s shares attracted strong trading interest in early trade Tuesday following the emergence of Singapore-listed Avarga Ltd as its substantial shareholder.

The oil trader and bunker operator jumped 25%, or five sen to 25 sen. It is currently the second most actively traded counter on Bursa Malaysia with 137 million shares done.

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Straits Inter Logistics , Avarga

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