icapital.biz posts 21% jump in NAV

TheStar Tue, Oct 12, 2021 08:30am - 2 years View Original


In a filing with Bursa Malaysia yesterday, the “closed-end fund” said its NAV per share surged to RM3.47 from RM2.86 previously. Shares in icapital.biz closed seven sen higher to RM2.49 apiece yesterday, which is a 28% discount to its NAV.

PETALING JAYA: icapital.biz Bhd has posted a 21.3% jump in its net asset value (NAV) to RM485.2mil as at Aug 31, 2021 compared with RM400.9mil a year ago.

In a filing with Bursa Malaysia yesterday, the “closed-end fund” said its NAV per share surged to RM3.47 from RM2.86 previously.

Shares in icapital.biz closed seven sen higher to RM2.49 apiece yesterday, which is a 28% discount to its NAV.

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