{
    "success": true,
    "data": {
        "id": 1007490,
        "msgid": "cash-shares-hit-limit-up-1447893297",
        "date": "1994-06-21 00:00:00",
        "title": "CASH shares hit limit-up",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "CASH shares hit limit-up KUALA LUMPUR (Reuter): Shares of Construction and Supplies House Bhd (CASH) hit limit-up when trading in the counter resumed yesterday after the signing of an agreement whereby Indonesian timber tycoon Prajogo Pangestu will take over CASH in a 2.59 billion ringgit deal. CASH shares opened at 10.30 ringgit, against its pre- suspension price of 7.95 ringgit on March 22, on volume of 3.2 million shares.",
        "content": "<p>CASH shares hit limit-up<\/p>\n<p>KUALA LUMPUR (Reuter): Shares of Construction and Supplies<br>\nHouse Bhd (CASH) hit limit-up when trading in the counter resumed<br>\nyesterday after the signing of an agreement whereby Indonesian<br>\ntimber tycoon Prajogo Pangestu will take over CASH in a 2.59<br>\nbillion ringgit deal.<\/p>\n<p>CASH shares opened at 10.30 ringgit, against its pre-<br>\nsuspension price of 7.95 ringgit on March 22, on volume of 3.2<br>\nmillion shares. Malaysian shares are limited to a 30 percent rise<br>\nor fall in a trading session.<\/p>\n<p>Brokers see further upside for the share as the market is<br>\nstill euphoric over the deal.<\/p>\n<p>The deal shifts some of Prajogo's timber assets into CASH in<br>\nreturn for a controlling stake. Prajogo will end up with about 64<br>\npercent in CASH. CASH will then buy 30 percent of Prajogo's<br>\nIndonesian company, PT Barito Pacific Timber.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/cash-shares-hit-limit-up-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}