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Monday, July 12, 2010

Mah Sing gains on land purchase

Mah Sing Group Bhd, a Malaysian property group, rose the most in five days in Kuala Lumpur trading after agreeing to acquire land with a combined gross development value of RM1.1 billion (US$340 million).

The stock gained 1.8 per cent to RM1.72 at 11:07 am local time, set for its steepest increase since July 7.

By Bloomberg

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