UEM Land rallies on RHB upgrade

UEM Land Holdings Bhd, a Malaysian property developer, rose to a two-week high in Kuala Lumpur trading after RHB Capital Bhd upgraded the stock to “trading buy” with an increased fair value of RM2.38.

Its shares gained 1.4 per cent to RM2.15 at 9.25 am local time, set for their highest close since October 31.



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