News Bits | 19 March 2012

Reports
§  Newz Bits [download report]

Malaysian news

§  TM: Broadband capex declining, looking to acquire
§  Bumi Armada, MISC: Vying for Hess job
§  MAS-AirAsia: CCF stays, with or without share swap
§  MMC Corp: Issues RM3.3bn sukuk
§  Boustead: Pharmaniaga plans expansion in Saudi Arabia, South-East Asia
§  Boustead: To finalise Sumatra plantation sale
§  Proton: Mohd Nadzmi resigns as chairman
§  Bintulu Port: In final talks on new port
§  BRDB: Deadline for its properties sale
§  Coastal Contracts: Eyes FSO, fabrication jobs and M&A
§  EPMB: To acquire Maju Expressway for RM1.15bn
§  Banking: Higher growth expected for corporate loans
§  Media: Adex gathers momentum in February
§  Power: Jimah Energy not selling plant
§  Power: Nine shortlisted for Prai power project
§  Property: Rising property defaults expected
§  REIT: PKNS to inject some assets
§  Telecommunication: MCMC says no memo issued on 6% prepaid tax

Global news

§  US: Consumer sentiment drops on gasoline prices
§  US: Consumer prices rose in February as gasoline jumped
§  UK: Britain will keep austerity with unemployment at 16-year high
§  China: Home prices post worst performance in a year on curbs
§  South Korea: Wholesale prices increase by most in five months
§  Singapore: February exports surge on pharmaceuticals, electronics
 

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