News Bits | 16 May 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  SapuraKencana: Unit clinches RM48.9m deal

§  Petronas Gas: Plant on schedule

§  IOI Corp: Plans US$1.5bn MTN programme

§  S P Setia: Purchases land in Penang for RM186m

§  SEGi: Navis prefers to take SEGi private

§  Daya Materials: Bags RM57m project

§  Brahim’s Holdings: Skirts queries on MAS deal; invests in RM130m sugar refinery

§  Mitrajaya: Gets RM111.8m Putrajaya job

§  Felda: Locks in stakeholders for IPO

§  Construction: MRT bidders get more time

Global news

§  US: Retail sales cool after warm-weather spree

§  US: Business inventories rise at slower pace as sales climb

§  US: Manufacturing in New York region expands

§  US: CPI unchanged; core rate climbs 0.2%

§  Europe: Euro area avoids recession

§  Europe: German economy expanded more than forecast in 1Q2012

§  Europe: French growth stalls

§  Europe: Greek leaders meet on new election

§  Europe: Greece paid bondholders despite debt swap

§  China: Foreign investment falls in sixth monthly drop

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