News Bits | 31 July 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Maybank: BII sees 61% rise in earnings

§  Plantation: Refiners upset over move to boost tax-free CPO exports

§  Maybank: Inks Legoland deal

§  IHH: Gets green light to delist Turkey unit

§  AirAsia: Jakarta move a business decision, said Rafidah

§  Lafarge Malayan Cement: Confirms cement price hike

§  TSH Resources: Extends offer for Pontian

§  BRDB: To get takeover offer from Ambang Sehati

§  Gabungan AQRS: Gets LoA for RM141m contract

§  Economy: GST unlikely to be in 2013 Budget

§  Economy: PM launches RM26bn financial district

§  Construction: Joint study on M'sia-S'pore Rapid Transit System

§  Property: Bidding process for RRI land to start by year-end

§  Utility: Selangor plans RM1bn to address water woes

Global news

§  Europe: Euro-area economic confidence drops more than forecast

§  Japan: Industrial output falls unexpectedly

§  South Korea: Industrial output falls as confidence sinks

Visit ECM Libra at https://www.ecmlibra.com/ecmlsmy

Our on-line trading portal at www.ecmmoney.com