Friday 16 December 2011

Coastal gains on securing vessel deals

Coastal Contracts Bhd, a shipbuilder, rose the most in more than three weeks in Kuala Lumpur trading after securing contracts to sell RM233 million of vessels.

The stock gained 3.9 percent to RM1.86 at 9:04 a.m. local time, set for the steepest increase since Nov. 23. -- Bloomberg



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