Newz Bits 231211

Reports

§         Newz Bits [download report]

Malaysian news

§         Boustead Holdings: Doubles capex to RM1.4bn in 2012

§         Kulim: Gets shareholders nod for RM700m land buy

§         Berjaya Land: Given time extension by STC on land purchase deal

§         MAS: To suspend 4 more Sabah regional network routes

§         KFC-QSR: JCorp will not incur more debt by privatising both companies

§         Malaysian Resources Corp: Unit gets RM14m EPF job

§         Tan Chong: To start motor workshop in Myanmar

§         Proton: Sale will involve a general offer

§         Boustead Heavy Industries: LTAT does not dismiss prospect of privatising company

§         Perisai: To see earnings from Garuda Energy in FY12

§         Muhibbah Engineering: Australian JV gets RM1.05bn job in Queensland

§         Aikbee Resources: Offer gets 94.5% acceptance

§         Construction: Philippines offer RM22.9bn infrastructure projects

§         Power: B&V to deliver cleaner coal power by 2015

Global news

§         US: Economic growth revised lower for 3Q

§         US: Jobless claims fall

§         US: Michigan Consumer Sentiment Index rose more than forecast

§         US: Leading economic indicators rise more than forecast

§         US: Boehner says Republicans agree to payroll tax cut extension

§         Europe: Budget plan gets final approval in Italy parliament

§         UK: Growth accelerates to 0.5% as BOE says surge won’t last

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