Wednesday, March 7, 2012

News Bits | 7 March 2012

Reports
§         Newz Bits [download report]

Malaysian news
§         SapuraCrest: Wins US$54m Carigali drilling job
§         Gamuda-MMC: Clears technical evaluation for MRT
§         CIMB: San Miguel near final deal with CIMB on bank unit
§         PPB Group: To expand cinema and property divisions
§         HSL: Acquires land for Samariang project
§         Dijaya Corp: CEO to inject RM1.1bn worth of assets
§         Kimlun Corp: Bags RM68m deal
§         Oil & Gas: Petronas, BASF venture into Rapid in Johor
§         Plantation: Government to help downstream players
§         Plantation: Soppoa sees 15% Sarawak output growth
Global news
§         Europe: Economy contracts as investment, exports decline
§         Europe: ECB balance sheet jumps to record EUR3trn on loans
§         UK: House prices decline as recovery concerns weigh on consumers
§         Australia: RBA holds key rate as EU shock potential lingers
§         Global: OECD inflation rate dips