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UEM Land, Mah Sing fall on CIMB downgrade

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UEM Land, Mah Sing fall on CIMB downgrade Empty UEM Land, Mah Sing fall on CIMB downgrade

Post by hlk Wed 04 Jan 2012, 19:43

UEM Land Holdings Bhd and Mah Sing Group Bhd fell in Kuala Lumpur
trading after CIMB Group Holdings Bhd downgraded Malaysia’s property
industry on concern economic growth will slow this year.


UEM Land dropped 4.2 per cent to RM2.28 at 3:32 p.m. local time, set
for its steepest decline since Nov. 1. Mah Sing lost 5.7 per cent to
RM1.98, bound for its largest drop since Sept. 26. UEM Land was cut to
“neutral” from “trading buy” and Mah Sing was downgraded to “trading
buy” from “outperform,” CIMB said in a report. -- Bloomberg
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UEM Land, Mah Sing fall on CIMB downgrade Empty Re: UEM Land, Mah Sing fall on CIMB downgrade

Post by Cals Wed 04 Jan 2012, 19:48

this is the report..... demm u cimb
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