Monday, 24 October 2011

Tanjung Offshore rises on Petronas unit job

Tanjung Offshore Bhd, a Malaysian oil and gas services provider, rose the most in two weeks in Kuala Lumpur trading after winning a RM27 million charter contract from Petronas Carigali Sdn Bhd.

The stock gained 4.2 percent to 87.5 sen at 9:00 a.m. local time, set for the largest gain since Oct. 11. -- Bloomberg
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