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Tuesday, September 6, 2011

Bandar Raya gains on assets sale plan

Bandar Raya Developments Bhd, a Malaysian property developer, rose the most in two weeks in Kuala Lumpur trading after a major shareholder proposed buying some of its malls and offices.

The stock gained 1.7 percent to RM2.36 at 9:15 a.m. local time, set for its largest increase since Aug. 19.

By Bloomberg

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