Tue Apr 3, 2012 12:04am EDT
Shares in Rojana Industrial Park Pcl rose nearly 7 percent to 7 baht, the highest since Oct. 7, following its plan to acquire the eastern industrial estate of Pluakdaeng Industrial Park Co., Ltd.
Broker DBS Vickers Securities said the acquisition of the industrial land in the eastern part of the country would help the company further expanded its land sales amid rising demand for land in the area with lower risk of flooding.
Rojana's industrial estate in the central province of Ayutthaya was hit by severe flooding late last year.
Reporting by Viparat Jantraprap in Bangkok; viparat.jantraprapaweth@thomsonreuters.com)
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