Hot Stock Opcom surges to 52-week high after Mokhzani takes over as CEO By Foo Yen Ne / theedgemarkets.com | March 23, 2015 : 11:20 AM MYT Share on facebookShare on twitter  KUALA LUMPUR (Mar 23): Fibre optic cables maker Opcom Holdings Bhd (Opcom) ( Financial Dashboard) shares surged as much as 26.98% after the company announced that Tan Sri Mokhzani Mahathir was taking over as chief executive officer of the company.
At 11am, the stock rose 25.5 sen to RM1.20 after reaching an intraday high of RM1.24, the highest level in 52 weeks and a 100% increase year-to-date.
Investors appeared to be excited over the high profile boardroom change as over 5.8 million Opcom shares changed hands in the early hours of morning trade.
Mokhzani is the son of former Prime Minister, Tun Dr Mahathir Mohamad.
Apart from Opcom, he sits on the board of Maxis Bhd ( Financial Dashboard) and several other private limited companies.
Prior to that, he served as chairman and group CEO of Pantai Holdings Bhd and a non-independent non-executive director and vice chairman of SapuraKencana Petroleum Bhd ( Financial Dashboard).
Bro 4468...ini Banyak ada political pushing. Worth to take a bet. 2 ringgit or 3 ringgit depend on the new CEO to obtain some block share from his brothers.
Aku dah pening kepala ni.....itu vsolar aku dah mau dispose ....mau kena cari rumah sewa baru....Privasia pagi tadi 0.30 dok tengok saja tak click buy....genetec 0.20 pun lepas , Nova 0.155 pun lepas juga ...aduihhh
Anek...ambil duit dulu...org tamak selalu rugi...sekalang org tak simpan lama dapat profit org lari....tengok wintoni jangan lupa ...aku main 6 round...sikit2 angkat untung...aku dok tunggu dia jatuh lagi aku belasah
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lucas Chan
1,674 posts
Posted by Lucas Chan > 2015-03-21 21:14 | Report Abuse
Nice 1 opcom!!