Shares in MMC Corp Bhd gapped up at the opening bell this morning as the stock hit limit up with a 30% jump to RM1.69, its highest level since March 2018. The big leap in the conglomerate's share price came after yesterday’s announcement that tycoon Tan Sri Syed Mokhtar Albukhary had proposed to take the company private at RM2.94 billion via selective capital reduction (SCR) at RM2 per share.