News Bits | 25 July 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Axiata: Completes purchase of DMSB

§  TH Plantation: LTH to inject plantation assets for RM535m

§  MAS, Airasia: Airlines’ deal still on MyCC radar

§  MRCB: Mohamed Razeek resigns as CEO

§  Supermax: Plans plant in South America

§  Axis REIT: To acquire RM450m worth of properties

§  Axis REIT: Plans to raise RM270m via placement

§  Guan Chong: JB Foods’ debut sets stage for listing on SGX

§  Adventa: Gets revised takeover offer from Aspion

§  Brahim’s: Expands to Japan

§  ING: Korean takeover of ING's Malaysian insurance business

§  Construction: Eyes on Langat 2 tender

§  Oil & Gas: Murphy Oil pursuing development of gas block

§  Plantation: CPO prices to remain bullish

§  Ports: Local ports handled 5% more containers in 1H

§  Steel: Misif raise concerns

Global news

§  US: Markit index of manufacturing fell to 51.8 in July

§  Europe: Manufacturing, services shrink for 6th month

§  China: Manufacturing gauge shows slowdown may be ebbing

§  China: Government may raise transaction tax for existing homes

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