Ahad, 18 Disember 2011

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NST Online Business Times : latest


Boustead Heavy gains on navy ship deal

Posted: 18 Dec 2011 05:12 PM PST

Boustead Heavy Industries Bhd, a Malaysian shipbuilding and engineering company, rose to a four- month high in Kuala Lumpur trading after its associate won a contract to build navy ships that could be worth as much as RM9 billion.

The stock gain 4.8 percent to RM3.30 at 9:05 a.m. local time, set for its highest close since Aug. 17.

Boustead Naval Shipyard Sdn Bhd received a contract from the Malaysian government to deliver six combat ships, the group said in a statement. -- Bloomberg

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Gamuda hits 2-week high on Q1 results

Posted: 18 Dec 2011 05:16 PM PST

Gamuda Bhd, a construction and property group, rose the most in almost two weeks in Kuala Lumpur trading after first-quarter net income grew 49 per cent to RM132.3 million.

The stock gained 2.3 per cent to RM3.07 ringgit at 9.03 a.m. local time, set for its steepest increase since Dec 7. -- Bloomberg

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