Monday, April 11, 2011

Mamee surges on repayment plan

Mamee-Double Decker Bhd, a Malaysian food producer, jumped to a record in Kuala Lumpur trading after proposing a capital repayment of RM179.8 million to minority shareholders.

The stock surged 18 per cent to RM4.23 at 9:02 a.m. local time. -- Bloomberg

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