Friday, March 23, 2012

News Bits | 23 March 2012

Reports
§         Newz Bits [download report]

Malaysian news
§         SP Setia: Sales for first 3 months up 29%
§         Genting: Proceeds with scaled-back plans in Miami
§         Telekom Malaysia: Eyes 10% growth in SME subscribers
§         MMC: Malakoff set to cut capacity payment with TNB
§         SapuraCrest: Bids for Brazil job
§         IGB: Retail REIT plans RM700m IPO
§         Berjaya Corp: Berjaya Retail plans 1000 RadioShack outlets in S-E Asia
§         Jaya Tiasa: To raise RM300m from share placement
§         Ireka: Bags RM46m KL Sentral hotel job
§         MAE: Secures RM62m deal from UEMC-Bina Puri
§         Kobay: To privatise Lipo via selective repayment
§         Power: 3 in green energy talks
§         Power: Boosts for renewable energy

Global news
§         Europe: Services, manufacturing contracted in March
§         UK: Retail sales decline more than economists forecast
§         China: Manufacturing contraction may worsen, data show
§         Japan: Unexpected trade surplus adds to rebound signs
§         Global: IMF seeks broad support in Egypt for potential loan program