Quick take: Daibochi shares, warrants jump on privatisation proposal


KUALA LUMPUR: Shares and warrants in Daibochi Bhd rallied on news that Scientex Bhd had proposed to take its subsidiary private for RM345.3mil cash.

At 10am, Daibochi's share price had eased off an intraday high of RM2.70 share to RM2.69, which represents a jump of 30 sen or 12.55% from the reference price.

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Quick take , Daibochi , Scientex , markets , privatisation

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