Puncak Niaga shares continue to rise after TRIplc deal approved
14 Sep 2017 / 10:55 H.
PETALING JAYA: Puncak Niaga Holdings Bhd's shares continued to rise by 6.58% this morning after getting the Securities Commission's (SC) approval to buy TRIplc Bhd from Pimpinan Ehsan Bhd for RM210 million.
As at 10.21am, Puncak Niaga's share price stood at 81 sen with 5.37 million shares changing hands. It has a market capitalisation of RM362.27 million.
TRIplc shares however fell by 4.88% this morning following the acquisition approval.
At 10.27am, TRIplc's share price stood at RM1.95 with 1.41 million shares changing hands. TRIplc has a market capitalisation of RM133.8 million.