KUALA LUMPUR (May 23): TSR Capital Bhd shares rose 1.27% this morning after the company via its subsidiary inked a memorandum of understanding (MoU) with US-based Globe Ventures Holdings Bhd to jointly develop a mixed development project on a 21.12ha land at the Port Dickson waterfront in Negeri Sembilan.

At 11.01am, TSR Capital rose 1 sen to 79.5 sen with 371,200 shares done.

The MoU may lead to a developer-investor or venture partner cooperation between the two companies relating to the tourism-oriented development. — theedgemarkets.com

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