Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Matahari shares jump on Temasek deal

Posted on 06 February 2013

Matahari Putra Prima, a retailer and the operator of Hypermart, jumped to its highest closing price in almost two years after Singapore’s Temasek Holdings announced plans to acquire a stake in the retailer.
Shares in Matahari jumped 14 percent to Rp 1,740 on Tuesday, extending its 24 percent rally the previous day. It was Matahari’s highest closing price since March 7, 2011, when it ended at Rp 1,760. On Tuesday, the benchmark Jakarta Composite Index fell 0.3 percent………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15434 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031