Quick Take: Benelec rises 5.5% on assets disposal move
KUALA LUMPUR: Shares of Benalec Holdings Bhd rose 5.5% this morning, after the group said it planned to dispose of two of its sand carrier vessels for RM15.8mil.
The marine construction services group gained 5.56%, or one sen to 19 sen with 1.78 million shares traded.
Benalec said it planned to dispose of two of its sand carrier vessels for US$3.82mil (RM15.82mil) to improve its cash flow amid the softening of the domestic and regional
maritime industry.
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