Wednesday, July 25, 2012

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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