UOA Dev jumps on Affin's report
Publish date: Thu, 13 Oct 2011, 01:13 PM
UOA Development Bhd jumped the most since its June debut after Affin Investment Bank Bhd said investors should buy the Malaysian property group because "value has emerged" following its recent slide.
The stock jumped 13 per cent to RM1.45 at 12.27 pm local time, set for its steepest gain since June 8.
That's its third day of gains.
UOA is down 44 per cent from the issue price of RM2.60 paid by institutional investors for its initial share sale. - Bloomberg
The stock jumped 13 per cent to RM1.45 at 12.27 pm local time, set for its steepest gain since June 8.
That's its third day of gains.
UOA is down 44 per cent from the issue price of RM2.60 paid by institutional investors for its initial share sale. - Bloomberg
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2011-10-14 00:22