#Hot Stock* I-Berhad rises 5.88% on corporate exercise plans

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KUALA LUMPUR (Dec 23): I-Berhad stocks today rose as much as 5.88% after the company had announced it was undertaking a multi-step corporate exercise. At 10:20am, shares of I-Berhad, a property development and investment company, rose 15 sen to RM2.70 with 187,500 shares done. The corporate exercise involved a 1 to 2 share split, a 1 for 5 bonus issue, a rights issue with free warrants, a ...

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