Is Icapital.biz Bhd nearing its 52 week high because it's "Laoda" Tan Teng Boo was featured in Focus Malaysia.
Perhaps Icapital closed three sen up at RM2.49 on Friday, because the City Of London Management Company had bought more than 200,000 shares this week to boost its stake to 15.888 percent.
Many investors are pissed of because of the high management fee, hoarding of too much cash, and now there is talk that if the City Of London, can group together enough rebel shareholders, they will CLOSE down Icap for GOOD.