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E&O advances on RM134m land sale

Property News/ 12 July 2011 Leave a comment

Eastern and Oriental Bhd, a Malaysian property group, rose the most in almost two weeks in Kuala Lumpur trading after agreeing to sell a piece of land and building in Penang state for RM134 million.

The stock advanced 1.3 per cent to RM1.54 at 9:19 a.m. local time, bound for the biggest gain since June 29. — Bloomberg



SOURCE: Business Times

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