KUALA LUMPUR (Dec 19): Transocean Holdings Bhd jumped 13.99% in early trade today after it signed a heads of agreement with certain shareholders of logistics company Swift Haulage Sdn Bhd with a view to acquire the entire equity interest in Swift for not less than RM750 million.

At 9.15am, Transocean rose 13.5 sen with 257,000 shares traded.

Yesterday, Transocean's share price hit limit up on the news. The counter was among Bursa Malaysia's top gainers, surging as much as 30 sen to 96.5 sen, to close at 96 sen.