Salcon rises after Berjaya Corp emerges as major shareholder


KUALA LUMPUR: Salcon Bhd saw its share price climb over 9% in early trade Friday after Berjaya Corp Bhd (BCorp) emerged as a substantial shareholder in the company.

The water and wastewater engineering company rose 9.30%, or two sen to 24 sen with over nine million shares traded at 9.30am. Year-to-date, the counter has risen 17.5%.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Berjaya Corp , Salcon , BCorp , acquisition

Next In Business News

Ringgit expected to trade in tight range against US dollar next week
PKNPk equips SK St Michael students with digital, media skills
Can homes and data centres coexist safely?
Designing haze-ready homes
A new board is not the answer
Trends reshaping premium retail market
A boom centred on data centres
Malaysia’s bonds brace for bumpy ride
Seeking value in Malaysia’s tech rally
Gold holds the hedge

Others Also Read