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Stock Rises on Burma Investment Deal

30 March 2012

Cypark Resources Bhd, a Malaysian environmental and landscaping-services provider, advanced 3.2 percent to RM1.92 in Kuala Lumpur trading, based on reports the company signed a preliminary agreement with First Myanmar Investment Co to develop a waste management and renewable energy project in Burma. The move makes it the steepest increase since March 16, according to Bloomberg financial news agency.

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