Wednesday, 9 November 2011

Yung Kong falls on Q3 loss

Yung Kong Galvanising Industries Bhd, a Malaysian manufacturer of steel products, fell the most in more than six weeks in Kuala Lumpur trading after reporting a third-quarter loss of RM4.7 million.

The stock dropped 5.8 percent to 41 sen at 9:21 a.m. local time, set for its biggest decline since Sept. 23. -- Bloomberg
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