SHB up on nod for sale of SILK stake

KUALA LUMPUR: Shares of SILK Holdings Bhd (SHB) surged by as much as eight per cent yesterday on news that Sistem Lingkaran-Lebuhraya Kajang Sdn Bhd’s (SILK) sukuk holders had approved the sale of its entire stake to IJM Corp Bhd for RM395 million cash.

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