Friday, 20 January 2012

Oldtown climbs on new factory news

Oldtown Bhd, a Malaysian manufacturer of coffee products and cafe operator, climbed to its highest level in more than a week in Kuala Lumpur trading after saying it is building a new factory worth RM36.7 million.

The stock gained 1.6 per cent to RM1.30 at 9:20 a.m. local time, set for its highest close since Jan. 11. -- Bloomberg



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