Australia's ActivePort soars after winning Telekom Malaysia contract

ActivePort

16/06/2025 03:06

** Shares of ActivePort Group ATV.AX surge 42.9% to A$0.01

** Stock on track to record biggest intraday pct gain to date, if gains sustain

** Software firm wins contract from telecom firm Telekom Malaysia TLMM.KL to deploy software-defined networking technology

** Co did not provide contract value

** Trading volume at around 1.8 million shares vs 30-day avg volume of 1.1 million shares

** Stock down 41.2% YTD, including day's moves

 (Reporting by Nikita Maria Jino in Bengaluru)

 ((Nikita.Jino@thomsonreuters.com;))