Malaysia Stocks: CB Industrial, CCM Duopharma, Tricubes, TH

Shares of the following companies had unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the 12:30 p.m. break in Kuala Lumpur.

The FTSE Bursa Malaysia KLCI (FBMKLCI) Index fell 1.85, or 0.1 percent, to 1,524.48. The gauge has gained 0.2 percent this week.

CB Industrial Product Holding Bhd. (CBP) , a farm- equipment maker, advanced 6.7 percent to 4.32 ringgit, heading for its steepest increase since Jan. 6, after proposing a one- for-one bonus share issue.

CCM Duopharma Biotech Bhd. (CCMD) , a pharmaceutical distributor, climbed 1.7 percent to 2.45 ringgit, on course for its biggest increase since April 1, after announcing a final dividend of 11 sen a share.

Tricubes Bhd. (TRCU) rose 4.8 percent to 33 sen, bound for its highest close since March 2005, after saying it has initial financing for a national e-mail service project which is targeted to be ready in July.

TH Plantations Bhd. (THP) , a palm oil producer, gained 1.8 percent to 2.22 ringgit, set for its highest close since Jan. 12, after first-quarter net income climbed 23 percent from a year earlier to 21.8 million ringgit ($7.3 million).

To contact the reporters on this story: Chan Tien Hin in Kuala Lumpur at thchan@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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