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NewsKBB Res at 14-month high on debt revamp
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KBB Res at 14-month high on debt revamp
by hlk Thu 07 Jul 2011, 14:52
KBB Resources Bhd, a Malaysian maker of rice and vermicelli products, rose to its highest level in more than 14 months after the company and its units entered into a debt restructuring agreement with lenders.
The stock climbed 2 per cent to 51 sen at 9:18 a.m. local time in Kuala Lumpur trading, headed for the highest close since April 15, 2010. -- Bloomberg
The stock climbed 2 per cent to 51 sen at 9:18 a.m. local time in Kuala Lumpur trading, headed for the highest close since April 15, 2010. -- Bloomberg
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