News Bits | 4 July 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Telekom: Confident of attracting 500,000 SMEs by year-end

§  SP Setia: Vietnam job cancelled

§  RHB: Appoints Prem Kumar as CFO

§  AirAsia: AirAsia X to launch IPO by early 2013

§  Time Dotcom: To invest RM144m in APG

§  Wah Seong: Petra Energy shares transacted at RM1.68 each

§  Shin Yang: More than half of Swee Joo vessels in service

§  Tebrau Teguh: Receives offer from IWH

§  Ho Hup Construction: Calls truce with Malton

§  Tricubes Bhd: Email projects not enough to save from delisting

§  IPO: IHH IPO windfall for Khazanah

§  Banking: BIMB awaits response from Indonesian bank

§  Construction: Maiden 8bn debt issuance this month

§  Media: Astro hires CS, Goldman, JPM for US$1bn IPO

Global news

§  US: June auto sales point to best year since 2007

§  US: Orders to factories rise for first time in three months

§  US: IMF lowers US forecast to 2% amid tepid recovery

§  Europe: France to unveil budget steps to hit deficit goals

§  Europe: Producer-price inflation slows more than estimated

§  Australia: RBA holds key rate at 3.5% as prior cuts buoy growth

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