Tuesday, March 20, 2012

News Bits | 20 March 2012

Reports
§  Newz Bits [download report]

Malaysian news
§  Public Bank: To maintain 50% dividend payout
§  Genting Bhd: NY casino license race hots up
§  Telekom: Back to basics
§  SP Setia: PNB and Liew's stake reaches 78.95%
§  Parkson: Eyes 18 new stores in Malaysia by 2020
§  Boustead: Naval shipyard secures RM2bn financing facilities
§  Hap Seng: To sell land for RM46m
§  KrisAssets: Malls worth RM4.6bn
§  Proton: Khamil is new executive chairman
§  Esso Malaysia: Takeover offer for Esso Malaysia
§  Eng Tek: Revised take over price
§  Rock Chemical Industries: Gets buyout offer
§  Metronic Global: Parties keen on acquiring MD's shares
§  Felda Global: Sets for aggressive expansion
§  Construction: Dana Infra to issue bonds worth RM8bn for MRT project
§  Healthcare: At least 17 new private hospitals by 2015

Global news
§  US: Homebuilder confidence holds at highest since 2007
§  US: State tax revenue rises at slowest pace since mid-2010
§  Europe: Greek swaps sellers to pay US$2.5bn to settle contracts
§  Europe: EFSF gets EUR1.5bn from sale of 20-year rescue bond
§  Europe: Construction output fell in January on Spain, Italy
§  UK: Cameron calls for plan to privatize Britain’s road network
§  Australia: Parliament passes 30% tax on iron-ore, coal mining profits

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