Thursday 12 January 2012

Supermax gains on setting up UK unit

Supermax Corp, a Malaysian glove maker, rose to the highest level in almost 10 months in Kuala Lumpur trading after saying it set up a marketing and distributing unit in the U.K. under its global expansion plan.

The stock gained 2.1 percent to RM4.41 at 9:17 a.m. local time, set for the highest close since March 22. -- Bloomberg



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