News Bits | 15 May 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Sime Darby: Continental AG buys Continental Sime Tyre

§  Axiata: Bangladesh unit to pay RM55m in unpaid taxes

§  Bumi Armada: Buys two AHTS vessels

§  United Plantations: Net profit falls 15.7% on higher cost

§  Axis REIT: Selling Kayang Depot

§  SEGi: Offer price to be questioned

§  Naim Indah: Still in talks for LPG business

§  Gas Malaysia: IPO prospectus gets registration nod

§  Construction: Proposed Perak LCCT not meant to compete with other states

§  Telco: Malaysia’s HSBB outpaces other broadband networks in the region

§  Plantation: Counter measure for palm oil

§  Oil & Gas: RM21.6bn deals secured in Houston

Global news

§  Europe: Leftists reject proposal for technocrat government

§  Europe: Industrial output unexpectedly fell in March

§  Europe: EU attempts to break deadlock on bank rules

Visit ECM Libra at https://www.ecmlibra.com/ecmlsmy

Our on-line trading portal at www.ecmmoney.com