Taliworks Corp, a Malaysian water-treatment operator, rose to a 15-month high after the Business Times reported that the company is among 12 companies that has been shortlisted to bid for a RM2 billion project to develop a water treatment plant in Selangor.
The stock climbed 4.4 per cent to RM1.92 at 9:32 am local time, headed for its highest close since January 19, 2009.
Taliworks executive director Ronnie Lim told Bloomberg News that the company hasn’t received any letter yet to confirm that it was shortlisted. -- Bloomberg
Read more: Taliworks hits 15-month high on bid report http://www.btimes.com.my/Current_News/BTIMES/articles/20100426093901/Article/index_html#ixzz0mB3lLzdz
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