Wednesday, May 16, 2012

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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