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Investors hunting for value in Malaysian stocks

Stocks in Malaysia haven't been this cheap since 2009 relative to global equities. Yet they have been laggards in South-east Asia. The benchmark stock index is also headed for a third year of declines.

Kuala Lumpur

WITH Malaysian stocks on the brink of their longest stretch of annual losses ever, one money manager is buying amid bets valuations and signs of shifting overseas sentiment, will spur a rebound.

Gan Eng Peng of Affin Hwang Asset Management Bhd says earnings are...