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Friday, January 28, 2011

Perisai climbs on plan to buy 51pc of Intan Read more: Perisai climbs on plan to buy 51pc of Intan (BT)

Perisai Petroleum Teknologi Bhd, a Malaysian oil and gas services provider, rose the most in two weeks in Kuala Lumpur trading after saying it will buy 51 per cent of Intan Offshore Sdn Bhd for RM45.2 million.

The stock climbed 4.8 per cent to 65 sen at 9:07 a.m. local time, set for its steepest gain since Jan. 12. -- Bloomberg

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