January 19, 2011

SPSETIA - SP Setia gains after fair value raised

Stock Name: SPSETIA
Company Name: SP SETIA BHD
Research House: AMMB

SP Setia Bhd, a Malaysian property developer, rose the most in a week in Kuala Lumpur trading after AmResearch Sdn Bhd raised its fair value for the stock to RM7.10.

Its shares gained 3 per cent to RM6.60 at 9:10 a.m. local time, set for their biggest increase since Jan. 13. -- Bloomberg

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