Quick take: Ipmuda shares hit highest in two decades


KUALA LUMPUR: Shares in Ipmuda Bhd rose to its highest in over 21 years after signing a slew of heads of agreements to acquire several renewable energy (RE) plants and healthcare assets.

The counter rose 2.67%, or five sen to RM1.92 with 4.3 million shares traded. Year-to-date, it has risen some 150%.

Ipmuda has signed a slew of heads of agreement to acquire several renewable energy (RE) plants and healthcare assets totalling RM192.4mil.

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