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Planters offer 'reliable' dividends: RHBCap

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Planters offer 'reliable' dividends: RHBCap

Post by hlk Thu 06 Oct 2011, 19:03

Malaysian plantation stocks, including IOI Corp, rose in Kuala Lumpur trading after the industry’s rating was upgraded at RHB Capital Bhd, which said it offered “stable” earnings and “reliable” dividends.

At 9.43am in Kuala Lumpur trading, IOI Corp rose 1.8 percent to RM4.52 and Kulim Malaysia Bhd added 2.6 percent to RM3.19.

Kretam Holdings Bhd rose 4.2 percent to RM2, set for its steepest increase since Sept. 7. -- Bloomberg

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

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