KUALA LUMPUR: Shares in IJM Plantations Bhd surged 21% after Kuala Lumpur Kepong Bhd (KLK) proposed to acquire a 56.2% stake in the former.
The planter added 21.14%, or 52 sen to RM2.98, making it the top gainers on Bursa Malaysia. KLK rose 1.01%, or 22 sen to RM21.98 and IJM Corp Bhd gained 2.63%, or five sen to RM1.95.
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