Tuesday, August 24, 2010

London Biscuits rises after selling stake

London Biscuits Bhd, a Malaysian food and confectionery company, rose the most in one month in Kuala Lumpur trading after selling its entire stake in poultry and farming company Lay Hong Bhd.

Its shares jumped 5.2 per cent to RM1.22 at 10:21 a.m. local time, set for biggest gain since July 21. - Bloomberg

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