Wednesday, October 20, 2010

Berjaya Corp gains after securing licence

Berjaya Corp, a Malaysian betting, property and auto distributor, rose the most in almost one month in Kuala Lumpur trading after saying it won a licence to assemble commercial and passenger vehicles.

The stock gained 5.8 per cent to RM1.10 at 9:05 a.m. local time, set for its biggest increase since Sept. 21. -- Bloomberg

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