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Business

Kumpulan Powernet sees 26.5% stake crossed at RM1 each, fuels takeover

KUALA LUMPUR: Kumpulan Powernet Bhd, whose shares had surged recently, saw 20.21 million of its shares crossed at RM1 each in an offmarket deal at midday on Thursday, fueling speculation of a takeover.

Business

Short Position

Illogical Powernet share rise