MRCB climbs on coastal works deal

Property News/ 1 December 2011 Leave a comment

Malaysian Resources Corp, a property and construction group, rose to a two-week high in Kuala Lumpur trading after it won a RM40.3 million contract to carry out coastal protection works in Penang.

The stock climbed 2.6 percent to RM1.99 at 9:05 a.m., set for its highest close since Nov. 17. — Bloomberg

SOURCE: Business Times

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