Wednesday 2 November 2011

APM Automotive rises on IAC ventures

APM Automotive Holdings Bhd, a Malaysian auto-parts supplier, rose the most in more than two weeks in Kuala Lumpur trading after forming two joint ventures with International Automotive Components Group.

The stock climbed 3.4 percent to RM4.55 at 9:47 a.m. local time, set for its steepest gain since Oct. 17. -- Bloomberg
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