Tuesday 10 January 2012

Bina Puri gains on share placement pricing

Bina Puri Holdings Bhd, a Malaysian builder, rose in Kuala Lumpur trading after pricing placement shares at RM1 each, a premium to the company’s last closing price of 87.5 sen yesterday.

The stock gained 1.1 percent to 88.5 sen at 9:08 a.m. local time, set for its highest close since Dec. 29. -- Bloomberg



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