Does Money Grow on Trees?
Gangbuster stock up 112% in one month!
CIMB holds a 97.9% stake in PT CIMB Niaga. 112% return for CIMB.
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gforce2
I'm sure there's a simple rationale for this. CIMB recently announced it would distribute PT CIMB Niaga shares as a dividend, in part to comply with Indonesia's foreign banking regulations. The price went up in anticipation of this news.
2016-08-02 17:53