ADS
Malaysian Resources Corp and IJM Land Bhd rose in Kuala Lumpur trading after the two property developers said they are considering various corporate proposals, responding to a Business Times report they may merge.Shares of Malaysian Resources rose 1.4 per cent to RM2.15 at 9:05 a.m. local time, set for its highest close since Nov. 11.
IJM Land gained 3.7 per cent to RM3.08.
By Bloomberg
