Thursday, September 8, 2011

UOA Dev climbs on winning hotel job

UOA Development Bhd, a Malaysian property developer, rose the most in a week in Kuala Lumpur trading after winning a RM101.4 million-contract to build a hotel in Kuala Lumpur.

Its shares climbed 2 percent to RM1.53 at 9:03 a.m. local time, set for their biggest increase since Sept. 2.

By Bloomberg

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