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E&O jumps on land sale

Published: 2009/12/22
 
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Eastern & Oriental Bhd, a Malaysian property developer, rose the most in three weeks after the company agreed to sell a piece of land to Hap Seng Consolidated Bhd for RM103 million.

The stock climbed 2.6 per cent to 98.5 sen at 9:28 am local time in Kuala Lumpur, set for the steepest advance since December 2. -- Bloomberg






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