Wednesday, April 27, 2011

Kencana gains on RM208m contract

Kencana Petroleum Bhd, a Malaysian oil and gas services provider, rose the most in three weeks in Kuala Lumpur trading after winning a RM208 million fabrication contract.

The stock added 1.5 per cent to RM2.72 at 9:02 a.m. local time, set for its steepest increase since April 4. -- Bloomberg

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