Litrak shares jump over 13% on news of ALR offer


KUALA LUMPUR: Shares in Lingkaran Trans Kota Holdings Bhd (Litrak) surged 53 sen or 13.15% to RM4.58 apiece at market open today on news it had received an offer from Amanat Lebuhraya Rakyat Bhd (ALR) for its stakes in SPRINT and LItrak.

As at 9.30am, the share price had eased to RM4.37 a share with 1.25 million units exchanging hands.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Sunway unit, Hoi Hup Realty to develop RM2.19bil property project in Singapore
Ringgit retreats against us dollar ahead of US inflation data
MGB's indirect unit to develop two projects with GDV of RM861.35mil
KJTS bags RM12.3mil subcontract from Sunway ENGIE
Teh family to reduce Public Bank stake to 10% over five years
MIER: Budget 2025 to pave way for 13th Malaysia plan, address cost-of-living challenges
Leader Energy and Plus Xnergy to deploy Malaysia’s first sodium-sulfur BESS
FBM KLCI ends higher amid regional gains; Teh family to reduce Public Bank shareholdings to 10%
Tengku Zafrul: Malaysia, UAE enhance trade prospects after concluding CEPA negotiations
Oil prices rise on US storm, fears of Israel-Iran conflict

Others Also Read