Tuesday, 15 November 2011

Ramunia slides most since Nov 10

Ramunia Holdings Bhd, a Malaysian oil and gas services provider, fell in Kuala Lumpur trading after the company and partner SEW Infrastructure Ltd said they won’t take part in a re-tender exercise of a well platform development.

The stock slid 1.3 percent to 39 sen at 9:03 a.m. local time, set for its steepest drop since Nov. 10. -- Bloomberg



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