Bloomberg, 9 June 2011 - Dijaya: Malaysia Equity Preview
Bloomberg, 9 June 2011
Shares of the following company may have unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the previous close, unless stated otherwise.
The FTSE Bursa Malaysia KLCI (FBMKLCI) Index was little changed at 1,551.79.
Dijaya Corp. (DJC MK): The property developer agreed to buy land parcels in the states of Selangor and Perak for 391.1 million ringgit ($130 million), according to a company statement. The development of the Selangor land is expected to generate potential sales of 2.5 billion
ringgit and the Perak land 123.7 million ringgit, it said. The stock was unchanged at 1.14 ringgit.