July 20, 2011

Star advances on TV investment

Stock Name: STAR
Company Name: STAR PUBLICATIONS (M) BHD
Research House: OSKPrice Call: HOLDTarget Price: 3.57



Star Publications Bhd, a Malaysian newspaper publisher, rose to its highest level in more than three months after agreeing to invest RM35 million in Hong Kong's Li TV.

The stock advanced 1.2 per cent to RM3.45 at 9:06 a.m. local time in Kuala Lumpur trading, set for its highest close since April 6.
-- Bloomberg

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