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


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 ...

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