Shares in Penguin International surged 16% to 58 cents after the company announced, on the morning of Dec 21, that it is in non-binding discussions with a potential investor in relation to a possible transaction involving the shares in the company.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe