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KUALA LUMPUR (March 26): KJTS Group Bhd (KL:KJTS) rose on Thursday to its highest in more than a month following entry of a state investment firm into its district cooling joint venture.
The investment by Retirement Funds Inc, the pension fund also known as KWAP, will allow Lestari Cooling Energy Sdn Bhd to take on larger projects, as well as provide access to government-linked projects, Kenanga Investment Bank and CIMB Securities said.