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Sindora at 14-year high on Kulim offer Posted: 16 Aug 2011 06:23 PM PDT Sindora Bhd rose to a 14-year high in Kuala Lumpur trading after Kulim (Malaysia) Bhd made a buyout offer at RM3 a share. The stock gained 11 per cent to RM2.93 at 9:03 a.m. local time, set for its highest close since August 1997. Kulim gained 1.1 per cent to RM3.70. -- Bloomberg |
MRCB gains on winning RM1.3b rail job Posted: 16 Aug 2011 06:21 PM PDT Malaysian Resources Corp, a property developer and builder, rose to a two-week high in Kuala Lumpur trading after winning a RM1.3 billion rail contract. The stock gained 2.6 per cent to RM2.35 at 9:07 a.m. local time, set for its highest close since Aug. 4. -- Bloomberg
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