Taib Mahmud-linked stocks unmoved by his death
PETALING JAYA: Investors appear to be shrugging off the demise of Abdul Taib Mahmud as listed companies linked to the former Sarawak chief minister and governor, his family and close associates hardly moved on the news.
At the mid-day break, conglomerate Cahya Mata Sarawak Bhd (CMS), the family’s flagship Bursa Malaysia-listed entity, was down 1 sen or 0.97% at RM1.02 while plantation companies Sarawak Plantation Bhd and Ta Ann Holdings Bhd were down 1 sen or 0.44% at RM2.25, and 2 sen or 0.52% at RM3.83, respectively.
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