Ekovest shares muted as Lim explores potential sale of toll-road business

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KUALA LUMPUR: Ekovest Bhd declined in early trade on news that major shareholder Tan Sri Lim Kang Hoo is exploring the sale of its toll-road business, Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd (Kesturi), for up to RM5bil.

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The stock has now fallen 25.5% year-to-date.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Lim Kang Hoo Kesturi Stock on the Move /Business/Business News Ekovest

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 09:47:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 234 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23466332

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