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Ramunia gains on vessel purchase

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Ramunia gains on vessel purchase Empty Ramunia gains on vessel purchase

Post by hlk Mon 11 Jul 2011, 10:11

Ramunia Holdings Bhd, a Malaysian oil and gas services provider, rose the most in almost two weeks in Kuala Lumpur trading after agreeing to buy a production and storage vessel for US$82.5 million.

The stock gained 2.4 per cent to 43 sen at 9:14 a.m. local time, set for its steepest increase since June 28. -- Bloomberg


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