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RHBCap jumps after ADCB stake sale Posted: 15 Jun 2011 06:23 PM PDT RHB Capital Bhd rose to a 14-year high in Kuala Lumpur trading after a newspaper reported that Abu Dhabi Commercial Bank PJSC is selling its 25 per cent stake in the Malaysian banking group at RM10.80 a share. The stock climbed 1.4 per cent to RM10 at 9.11 a.m. local time, headed for its highest close since March 1997. -- Bloomberg
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Scomi Marine drops to 11-month low Posted: 15 Jun 2011 06:16 PM PDT Scomi Marine Bhd, a Malaysian marine transport company, fell to a 11-month low in Kuala Lumpur trading after scrapping plans to sell its logistics companies to PT Rig Tenders Indonesia. Its shares dropped 4.4 per cent to 43 sen at 9:05 a.m. local time, set for their lowest close since July 9, 2010. -- Bloomberg |
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