<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 6): Perak Transit Bhd rose as much as 4.5 sen or 30% to 19.5 sen on its first trading day on Bursa Malaysia's ACE Market.</p></div>

<div class=newsTextDataWrapInner><p>At 10:30 a.m., shares of public-transport entity Perak Transit pared gains at 18.5 sen, with some 109 million shares exchanging hands.</p></div>

<div class=newsTextDataWrapInner><p>Perak Transit was the most actively-traded stock on the exchange.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Perak Transit was listed at an initial public offering (IPO) price of 15 sen a share for a market capitalisation of RM171 million.<br />
This is based on the company's expanded issued base of 1.14 billion shares.</p></div>

<div class=newsTextDataWrapInner><p>The IPO of Perak Transit involved the sale of 245 million new shares in the company. Of the 245 million shares, 58 million units were offered to the Malaysian public, while 187 million units were earmarked for private placement to selected investors.</p></div>


KUALA LUMPUR (Oct 6): Perak Transit Bhd rose as much as 4.5 sen or 30% to 19.5 sen on its first trading day on Bursa Malaysia's ACE Market.

At 10:30 a.m., shares of public-transport entity Perak Transit pared gains at 18.5 sen, with some 109 million shares exchanging hands.

Pe...

Perak Transit up 30% on Bursa ACE Market

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There are no plans to open or operate any casinos in the state, Johor Menteri Besar Datuk Onn Hafiz Ghazi said.

He said the news is merely a rumour intended for sabotage, and to maliciously tarnish the image of Forest City and the state of Johor as a whole.

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The son of the Perlis menteri besar and four others who were remanded by the Malaysian Anti-Corruption Commission (MACC) since Wednesday have been released on MACC bail.

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