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Thursday, June 23, 2011

Utd Malayan gains on property projects

United Malayan Land Bhd rose to its highest level in more than three years after saying it plans to roll out property projects with a gross development value of almost RM1 billion this year.

The stock gained 4.2 per cent to RM1.98 at 9:14 a.m. local time in Kuala Lumpur trading, set for its highest close since January 2008.

By Bloomberg

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