December 29, 2011

Faber gains on concession extension news

Stock Name: FABER
Company Name: FABER GROUP BHD
Research House: OSKPrice Call: TRADING BUYTarget Price: 2.24



Faber Group Bhd, a Malaysian hospital support-services provider and property group, rose the most in more than two months after the Star newspaper reported that its unit may get extension for a support-services concession from the government.

The stock gained 5.4 percent to RM1.55 at 9:45 a.m. local time in Kuala Lumpur trading, set for its steepest increase since Oct. 21. -- Bloomberg


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