TANJONG Plc shares rose to nearly 10-year high yesterday on strong foreign-led buying after the numbers forecast operator (NFO) and independent power producer received favourable ratings from research houses for its attractive valuations and good earnings prospects.
Tanjong, which had risen by as much as 80 sen to RM12.30 earlier in the day, closed 60 sen, or 5.2%, higher at RM12.10 on heavy volume of more than 2.6 million shares.
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