Tuesday, April 10, 2012

News Bits | 10 April 2012

Reports
§  Newz Bits [download report]

Malaysian news
§  UEM Land: Acquisition of a 122-acre land in Nusajaya
§  Property: Government may double minimum price of houses foreigners can buy
§  YTL Power: RM663m wireless access for 9,924 schools
§  Boustead: Lodin targets RM1bn PBT, banks on ‘super trees’
§  BHIC: Unit gets RM1.5bn naval contracts
§  KFC Holdings: To spend RM12m to promote branding this year
§  Proton: Syed Zainal resigns
§  Guan Chong: Seeks secondary listing on SGX
§  Dijaya Corp: In amalgamation deals worth RM950m
§  Malaysia Smelting Corp: Appoints deputy group CEO and COO
§  SILK: Bags RM10.8m contract
§  EITA Resources: Secures RM115.6m order book
§  Century Software: Lands RM33.5m jobs

Global news
§  Europe: ECB financing for Portuguese banks rose to record in March
§  Europe: Spain seeks EUR10bn in health, education savings
§  China: Inflation picks up
§  Japan: Current account moving to surplus adds support for Yen
§  Taiwan: Exports fall in March on demand slowdown in China, Europe


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