Wednesday 14 December 2011

Kurnia gains on stake sale report

Kurnia Asia Bhd rose the most in more than four months in Kuala Lumpur trading after the Star newspaper reported that it may sell a stake in its Malaysian unit to Insurance Australia Group Ltd this week.

The stock gained 6.7 percent to 55.5 sen at 9:06 a.m. local time, set for its biggest increase since July 28. -- Bloomberg



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