Malaysia's EON hits 30-mth high on windfall plan

Newswire

KUALA LUMPUR, Nov 27 (Reuters) - Shares in Malaysia's largest car distributor EON jumped as much as 19 percent to a 30-month high on Wednesday after unveiling a one billion ringgit ($263 million) windfall plan for shareholders. EON shares, suspended on Tuesday, hit a high of 13.90 ringgit before trimming gains to trade at 13.30 ringgit, up 13.6 percent by 0200 GMT. Edaran Otomobil Nasional Bhd said it would pay a net dividend of 702 million ringgit to shareholders and distribute among ...

Premium Content (PAID Subscription Required)

"Malaysia's EON hits 30-mth high on windfall plan" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×