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PETALING JAYA: Suiwah Corp Bhd, whose share price dropped to a five-year low a month ago, surged 22.94% yesterday following the decision of its major shareholder to privatise the retail firm.
KUALA LUMPUR: Suiwah Corp Bhd’s shares surged 22% in early trade Monday after its major shareholder offered to take the company private by way of a selective capital reduction (SCR) and repayment exercise.
KUALA LUMPUR: JF Apex Research expects Rohas Technic Bhd, Suiwah Corp Bhd, and Vortex Consolidated Bhd to be among the stocks to watch following their latest corporate news.