Seacera up 4.11% on plans to buy Teras Sari Resources
14 Feb 2018 / 11:51 H.
PETALING JAYA: Seacera Group Bhd's share price jumped three sen or 4.11% this morning, after announcing its plans to buy a 70% stake in Teras Sari Resources Sdn Bhd yesterday.
As at 11.23am, the stock stood at 76 sen with 1.25 million shares changing hands, giving it a market capitalisation of RM286.02 million.
Yesterday, Teras Sari Resources accepted a letter of intent from the Public Works Department for a RM338 million project for road upgrading works in Pahang.