Thursday 27 October 2011

Dutaland falls most in 28 months

Dutaland Bhd, a Malaysian plantation and property group, dropped the most in 28 months in Kuala Lumpur trading after IOI Corp scrapped an agreement to buy the company’s oil palm land for RM830 million.

The stock slid 11 percent to 54 sen at 9:01 a.m. local time, set for its steepest decline since June 18, 2009. -- Bloomberg
Related Posts Plugin for WordPress, Blogger...