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Otis Worldwide Corporation shares rise 1.32% intraday after securing a contract to provide elevator systems for Arte Star in Kuala Lumpur.
ByAinvest
Thursday, Jul 24, 2025 1:55 pm ET1min read
Otis Worldwide Corporation rose 1.32% intraday, with the company enhancing luxury living with sustainable and connected vertical mobility solutions for Arte Star, a luxury residential building in Kuala Lumpur. Otis will complete the installation of 22 SkyRise® and 1 Gen3(TM) elevator systems by 2027 and maintain the building's vertical mobility systems through 2029. The company is the world's leading elevator and escalator manufacturing, installation, and service company.
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