Monday, August 27, 2012

News Bits | 27 August 2012


Reports
§  Newz Bits [download report]
 
Malaysian news
§  OSK-RHB: Merger to be completed by 1Q2013
§  QL Resources:  To set aside RM200m for capex
§  BRDB: Anxious wait for warrant holders
§  Integrax: Confident of collaboration with Vale
§  Yinson: To invest RM47m in Vietnam port ops
§  Scomi: Seen as front runner
§  Magna Prima: Plans RM1bn jobs
§  Automotive: Used car dealers the worst hit?
§  Construction: 6 banks to fund ferro-alloy plant in Bintulu park
§  Plantation: Sabah palm oil refiners to impose bigger discount
§  Property: Investors keen on Johor
§  Economy: BNM mid-Aug reserves at RM 430.5bn, or 9.5 month imports
 
Global news
§  US: Slump in goods demand signals factory slowdown
§  South Korea: Consumer confidence slides to lowest in 7 months
§  Singapore: Industrial output growth slows to 3-month low
 
 
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