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Lion Forest climbs on land purchase plan

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Lion Forest climbs on land purchase plan

Post by hlk Fri 02 Sep 2011, 12:57

Lion Forest Industries Bhd, a Malaysian plantations and building materials group, rose to a two-week high in Kuala Lumpur trading after announcing plans to buy palm oil and rubber land in Cambodia.

The stock climbed 2.8 per cent to RM1.48 at 9:30 a.m. local time, set for its highest close since Aug. 18. -- Bloomberg

hlk: Moderator; Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
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