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Article: Subur Tiasa up on active share buyback exercise
- Article from:
- The Malay Mail
- Article date:
- July 14, 2003
- Author:
CopyrightCopyright 2003 The Malay Mail. Provided by ProQuest LLC. (Hide copyright information)
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SUBUR Tiasa Holdings Bhd gained 8 sen to close at RM1.92 last
week, helped by a purchase of about 1.2 million of its own shares on
the Kuala Lumpur Stock Exchange (KLSE).
The timber company acquired as much as 55 per cent of the total
2.2 million of its shares traded last week at between RM1.80 and
RM1.85 apiece.
Gains made by Subur Tiasa were also extended to Golden Frontiers
Bhd, another company which took the opportunity during the week to
buy back some of its own shares.
Week-on-week, Golden Frontiers gained 7.5 sen to close at RM99
sen. These gains were ...