ECM Libra Financial Group Bhd and K&N Kenanga Holdings Bhd rose in Kuala Lumpur trading after the Edge reported that the two Malaysian investment banks were considering a merger, citing unidentified people familiar with the matter.
ECM Libra climbed 3.3 per cent to 93 sen at 9:11 a.m. local time, set for its highest close since Jan. 11, 2008. Kenanga jumped 5.7 per cent to 83.5 sen, set for its highest close since Jan. 17. -- Bloomberg
ECM Libra climbed 3.3 per cent to 93 sen at 9:11 a.m. local time, set for its highest close since Jan. 11, 2008. Kenanga jumped 5.7 per cent to 83.5 sen, set for its highest close since Jan. 17. -- Bloomberg
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