Monday, 21 November 2011

Shin Yang advances on shipbuilding jobs

Shin Yang Shipping Corp, a Malaysian maritime services provider, rose the most in a month in Kuala Lumpur trading after winning two shipbuilding contracts valued at a total US$33.6 million.

The stock increased 2.1 percent to 49.5 sen at 9:20 a.m. local time, set for its biggest gain since Oct. 24. -- Bloomberg



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