Thursday, August 9, 2012

News Bits | 9 August 2012


Reports
§  Newz Bits [download report]

Malaysian news
§  DRB-Hicom: RM1bn to rev up Proton City
§  Axiata: Celcom Axiata sees 25% revenue growth
§  Sunway REIT: Eyes third party assets
§  MRCB: Highway blues
§  Mah Sing: May land up to RM150m deals in Klang Valley
§  Pharmaniaga: Records healthy 2Q
§  MBf: Proposes special dividend from sale proceeds
§  Favelle Favco: Secures RM110m jobs
§  ECS ICT: Posts 1H profit of RM13.7m
§  IPO: Dividends allure from Astro
§  Construction: RM2bn more for Tun Razak Exchange?
§  Logistic: PCCC reaffirms interest in port

Global news
§  US: Productivity rebounds as employers try to curb costs
§  Europe: German exports fell in June as crisis curbed Euro-area demand
§  Europe: Declining output highlights Europe's weakness
§  Europe: Euro weakens on speculation sovereign-debt crisis is spreading
§  China: Electricity use seen overstating China slowdown as services rise
§  Singapore: Trims growth forecast on global slowdown risks


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