Newz Bits 040112

Reports

§         Newz Bits [download report]

Malaysian news

§         Malayan Banking: Has been granted another extension from Bapepam

§         Sime Darby: Receives nod for Chongqing motor unit

§         PPB Group: FFM gets second China go-ahead

§         AMMB Holdings: Friends Life-AMMB in family takaful venture

§         AirAsia-MAS: Airlines deal under probe

§         KFC Holdings: Chamber ready to outbid CVC

§         Tan Chong Motor: Gets exclusive SYM distributorship in Laos

§         Bonia Corp: Buys into Braun Buffel

§         Naim Holdings: Launches first phase of Riveria Bay apartments

§         LBS Bina Group: Eyes RM1bn sales in 2 years

§         VS Industry: New factory in Indonesia

§         CI Holdings: Eyeing new asset

§         Century Logistics Holdings: Thai unit to be restored by 1Q

§         Seacera Group: To kick-start 500-acre project this year

§         Maxbiz: Bags 2 contracts worth RM515m

§         Construction: Gemas-JB rail job winner to emerge in March

Global news

§         US: Manufacturing grows by most in six months

§         US: Fed to release officials’ forecasts for key interest rate

§         Europe: ECB names Praet chief economist

§         UK: Business confidence declines

§         Singapore: Economy shrank in 4Q2011 as manufacturing eased

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