Quick take: Pelikan jumps 11.7% in active trade

KUALA LUMPUR: Shares in Pelikan International Corp Bhd jumped over 11% in early trade Friday on its plan to dispose of the German logistics centre in Falkensee for €81mil (RM399.33mil).

The stationery maker rose 11.69%, or 4.5 sen to 43 sen. It is currently the second most active counter on Bursa Malaysia with over 24 million shares traded.