Rabu, 23 November 2011

NST Online Business Times : latest

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NST Online Business Times : latest


Genting Plant gains on Q3 earnings jump

Posted: 23 Nov 2011 05:16 PM PST

Genting Plantations Bhd, a Malaysian palm oil producer, rose to a six-month high in Kuala Lumpur trading after reporting a 41 percent jump in third- quarter earnings.

The stock gained 1.5 percent to RM8.15 at 9:09 a.m. local time, set for its highest close since May 12. -- Bloomberg

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Sumatec: No assets injection; stock falls

Posted: 23 Nov 2011 05:19 PM PST

Sumatec Resources Bhd, a Malaysian engineering group, fell the most in a week in Kuala Lumpur trading after denying a Star newspaper report which said some oil and gas assets may be injected into the company.

The stock dropped 14 percent to 24.5 sen at 9:05 a.m. local time, set for its biggest decline since Nov. 15. -- Bloomberg

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