MPHB Capital unit still in talks to sell stake in MPI Generali


MPHB Capital Bhd is unaware of the reasons which caused the sharp rise in price and volume of the company’s shares on Thursday.

KUALA LUMPUR: MPHB Capital Bhd is unaware of the reasons which caused the sharp rise in price and volume of the company’s shares on Thursday.

In its reply to Bursa Malaysia Securities’ query over the unusual market activity on Friday, it said last year it had informed the stock exchange over the proposals to dispose of its stake in MPI Generali to Generali Asia N.V.

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