Elsoft Research Bhd is selling a property in Barat Daya, Penang for RM38 million, proceeds of which will be used for business expansion, a production facility, general working capital, and a special dividend.
At 10am, the FBM KLCI was up 12.99 points to 1,570.54.
Market breadth was positive with 611 gainers and 264 losers, while 390 counters traded unchanged. Trading volume was 2.98 billion shares valued at RM1.22 billion.
The gainers included Malaysian Pacific Industries Bhd, ViTrox Corp Bhd, Nestle (M) Bhd, Press Metal Aluminium Holdings Bhd, Uchi Technologies Bhd, Euro Holdings Bhd, Hong Leong Financial Group Bhd, D&O Green Technologies Bhd and Aeon Credit Service (M) Bhd.
The actively traded stocks included Permaju Industries Bhd, Fintec Global Bhd, XOX Bhd, YKGI Holdings Bhd, Velesto Energy Bhd, Metronic Global Bhd and Alam Maritim Resources Bhd.
The decliners included Pharmaniaga Bhd, Ajinomoto (M) Bhd, KESM Industries Bhd, Milux Holdings Bhd, Heineken Malaysia Bhd, Elsoft Research Bhd, Bursa Malaysia Bhd and Dutch Lady Milk Industries Bhd.
The main index at Bursa Malaysia rose 1.04% at the midday break today, tracking the jump at regional markets, as Petroliam Nasional Bhd (Petronas)-linked stocks led the gains.