PRG gains 3% on getting HKEX nod to list manufacturing division

KUALA LUMPUR (Sept 27): PRG Holdings Bhd rose 3% in early trade this morning after the company said the Stock Exchange of Hong Kong Ltd has given its nod to the group to list its manufacturing business Furniweb Holdings Ltd on the exchange's Growth Enterprise Market.

At 9.12am, PRG gained 3 sen to RM1.03 with 110,500 shares done.

A formal and final approval will be granted by the exchange before the trading in the new shares of nominal value of 10 HK cents each in Furniweb commences. Proceeds raised from the proposed listing will be accrue entirely to Furniweb. — theedgemarkets.com

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