Friday 11 November 2011

Benalec up on nod for reclamation works

Benalec Holdings Bhd, a Malaysian marine construction company, rose to the highest level in more than three months in Kuala Lumpur trading after it said it won approval from the country’s Johor state government to conduct reclamation works.

The shares rose 2.1 percent to RM1.46 at 9:04 a.m., set for the highest close since Aug. 4. -- Bloomberg
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