Thursday 17 November 2011

Amway (M) gains on higher Q3 net income

Amway (Malaysia) Holdings Bhd, a direct sales company, advanced to the highest level in more than three months in Kuala Lumpur trading after its third-quarter net income rose 20 percent to RM25.8 million.

The stock gained 3.4 percent to RM9.35 at 9:07 a.m. local time, set for the highest close since Aug. 5. -- Bloomberg



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