Tuesday, 15 November 2011

Ibraco rises most in a week

Ibraco Bhd, a Malaysian property and construction group, rose the most in a week in Kuala Lumpur trading after saying it will acquire land in Sarawak state for RM41.6 million for a property development project. The stock gained 2.3 per cent to RM1.35 at 9:42 a.m. local time, set for its steepest increase since Nov. 8. -- Bloomberg



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