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YTL Cement Bhd has received the Securities Commission (SC) approval to acquire the remaining 50% stake in Pahang Cement Sdn Bhd not already owned by the company.
We first highlighted the disparity of the share price performances between YTL Corp (RM4.32) and its key listed units in late November, noting that the holding company had been a significant laggard in the past three months. YTL Corp subsequently rose 12 sen to a high of RM4.44, but has since given up all its gains. We see this as another window of opportunity.
FRESH buying interest in blue-chip stocks helped send the KLSE Composite Index (CI) up 5.82 points or 0.78% yesterday to 748.55 - its highest close since Sept 9.
Online investment advisor Surf88.com writes on firms with hgh dividends.
StarBiz held discussions with five panelists on the prospects for the Kuala Lumpur Stock Exchange for the rest of 2003. Their favourite counters.