Newz Bits 170112

Reports

§         Newz Bits [download report]

Malaysian news

§         IOI Corp: Subsidiary bids RM988m for land to build high-rise public housing

§         Petronas Dagangan: To add 67 stations by 2013

§         Bumi Armada: Unit wins RM155m job

§         Gamuda: In discussion with banks to fund potential projects

§         Boustead Holdings: To sell 95% stake in Dendymarker for RM119.53m

§         Sunway: Unit bags RM42.4m job

§         Proton: DRB-Hicom to buy Proton stake at RM1.3bn

§         QSR: Says no to Malay chamber offer for QSR stake

§         Dayang Enterprise Holdings: Unit wins RM85m extension                

§         Kimlun Corporation: Arm wins RM82m job

§         Bina Puri Holdings:  Eyes 20% IRR from Pakistan highway concession

§         HeiTech Padu: Bags RM63m BSN job

§         IPO: EITA Resources eyes listing by 1H

§         Plantation: Palm oil exports hit record high of RM80.4bn

§         Oil & Gas: Shell and Petronas in US$12bn oil recovery deal

Global news

§         Europe: S&P downgrades euro zone's EFSF bailout fund

§         Europe: Moody's says France still under pressure

§         Europe: Finland should reject new EU fiscal rules, Foreign Minister says

§         Japan: Machinery orders jump 14.8% in sign of investment rebound

§         India: Inflation slows to two-year low as rate pressure eases

§         Nigeria: Unions suspend strike after fuel price cut

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