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Muhibbah surges after winning Aussie jobs Posted: 22 Dec 2011 06:17 PM PST Muhibbah Engineering (M) Bhd, a Malaysian builder, gained the most in two months in Kuala Lumpur trading after its joint venture with Australia's Monadelphous Group Ltd won a A$330 million (US$334 million) contract to construct a coal jetty and ship berth in Queensland. The stock surged 6.5 per cent to RM1.15 at 9:02 a.m. local time, set for its steepest increase since Oct 19. -- Bloomberg |
TSM Global falls on RM21m net loss Posted: 22 Dec 2011 06:17 PM PST TSM Global Bhd., a Malaysian automotive-parts manufacturer, dropped to the lowest level in a week in Kuala Lumpur trading after posting third-quarter net loss of RM21.1 million, compared with a RM8.1 million profit a year earlier. The stock lost 1.8 per cent to RM1.10 at 9:06 a.m. local time, set for its lowest close since Dec 15. -- Bloomberg |
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