EP Mfg slides on highway buy proposal
Publish date: Mon, 19 Mar 2012, 10:12 AM
EP Manufacturing Bhd, a maker of automotive parts, slid 9.8 per cent to RM1.01 as of 9:32 a.m. in Kuala Lumpur, bound for its steepest decline since July 13, 2009. The stock jumped 14 per cent to an eight-year high on March 14 before a trading suspension to announce the company's proposal to buy highway concessionaire Maju Expressway Sdn Bhd for RM1.15 billion. -- Bloomberg
Labels: EPMB
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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You wonder why its share price drops??
2012-03-19 12:18