Bursa Malaysia Stock Watch

E&O rises to 9-month high on buyout news

kltrader
Publish date: Mon, 02 Aug 2010, 04:26 PM
kltrader
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Eastern and Oriental Bhd, a Malaysian property developer, rose to its highest level in more than nine months after the Edge weekly newspaper reported that shareholders may take the company private.

The stock climbed 5.9 per cent to RM1.25 at 10:13 a.m. local time in Kuala Lumpur, set for its highest close since Oct. 22. -- Bloomberg
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