Wednesday 16 November 2011

Wah Seong climbs on Q3 profit surge

Wah Seong Corp, a Malaysian pipe-coating company, rose the most in more than two weeks in Kuala Lumpur trading after third-quarter profit surged 71 percent to RM21.3 million.

The stock climbed 2 percent to RM2.09 at 9:07 a.m. local time, set for its steepest gain since Oct. 31. -- Bloomberg



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