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REDTONE (0032) - RedTone jumps 6.02% after Johor Sultan becomes largest shareholder

March 17, 2015 : 10:11 AM MYT  

KUALA LUMPUR (March 17): Shares of RedTone International Bhd ( Financial Dashboard) rose on Tuesday after the ruler of Johor, Sultan Ibrahim, emerged as its largest shareholder with a 20.13% stake or 134 million shares.

At 9.50am, Redtone (Fundamental: 2.20; Valuation: 0.30) rose 6.02% or 5 sen to 88 sen with 5.39 million shares traded.

http://www.theedgemarkets.com
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