News Bits | 6 June 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Bumi Armada: Bags Turkeminstan pipe-laying job

§  YTL Power: Acquires new subsidiary

§  BToto: Forms trust to unlock value of NGO

§  MSC: To acquire 40% stake in ASC

§  Magna Prima: Unit in RM100m land deal   

§  Scomi Engineering: Strengthens presence in Brazil with new facility

§  Bina Puri: To partner Sindh government for M9 highway

§  Plantation: Malaysia to help India with oil palm cultivation

§  Oil & Gas: Petronas unit awards FLNG facility contract

§  Oil & Gas: Gas exploration to increase in the region

§  Oil & Gas: Lower demand affecting oil prices, says Shell CEO

§  Power: Sime Darby joins SP Setia in bid for London’s Battersea site

§  Power: More power tenders to be called this year

Global news

§  US: Service industries sustained growth in May

§  US: Two Fed officials cool to more monetary easing

§  Europe: Spain says markets closing on it, seeks help for banks

§  Europe: EU seeks lender levy, debt losses as step to banking union

§  Europe: Euro manufacturing, services shrink as crisis deepens

§  Australia: RBA lowers key rate

§  Global: G7 leaders pledge cooperation tackling Spain, Greece woes 

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