Wednesday, 23 November 2011

Time Engr rises on eightfold profit jump

Time Engineering Bhd, a Malaysian telecommunications services provider, rose the most in two weeks in Kuala Lumpur trading after third-quarter net income surged eightfold to RM89.7 million.

The stock gained 5.9 per cent to 27 sen at 9:11 a.m. local time, set for its biggest increase since Nov. 9. -- Bloomberg



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