Bursa Malaysia Stock Watch

M3Nergy climbs on Adamus offer

kltrader
Publish date: Tue, 18 May 2010, 12:32 PM
kltrader
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M3Nergy Bhd, a Malaysian oil and gas services provider, rose to its highest level in six months in Kuala Lumpur trading after receiving a conditional takeover offer from Adamus Avenue Sdn Bhd.

The stock climbed 4.1 per cent from RM1.77 at 9:04 a.m. local time, set for its highest daily close since November 17. -- Bloomberg
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