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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 |
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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