Bursa Malaysia Stock Watch

CBS Technology rises after share valuation

kltrader
Publish date: Wed, 09 Feb 2011, 10:12 AM
kltrader
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CBS Technology Bhd, a Malaysian software solutions developer, jumped the most in more than three months after CIMB Investment Bank Bhd valued the shares at between 58 sen and 63 sen to reflect its growth prospects.

The stock surged 15 per cent to 45.5 sen at 9:20 a.m. in Kuala Lumpur trading, set for its steepest gain since Oct. 22. - Bloomberg
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