Tuesday 27 December 2011

Crescendo rises after Q3 income doubled

Crescendo Corp, a Malaysian property developer, rose the most in almost nine months in Kuala Lumpur trading after third-quarter net income more than doubled to RM21.7 million from a year earlier.

The stock gained 6.1 percent to RM1.56 at 9:04 a.m. local time, set for the steepest increase since April 1. -- Bloomberg



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