News Bits | 20 May 2013

IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

l  Sector Update: Automotive, Media

l  Results Note: PPB, SEGI

l  Company Update: DIGI, KOSSAN, NOTION

l  On Our Portfolio: Riding High

l  On Our Technical Watch: Weekly Technical

 

NEWS HIGHLIGHTS

l  Allianz 1Q profit rises 1.0% to RM53.7m

l  Pintaras Jaya 3Q profit grows 54.0%

l  Petra Energy reports lower Q1 earnings

l  Instacom wins RM200.0m job

l  Northport buys two new quay cranes

l  Matrix Concepts’ IPO oversubscribed by 11.3 times

l  Affin: Ingress offer fair and reasonable

FOREIGN NEWS HIGHLIGHTS

l  Onex fails to find buyer for Carestream Health

l  Seattle’s Best to open stores in Wal-Mart parking lots

 

Kenanga Coverage Rating Summary - (Please refer to the attached)

Regional News Update - (Please refer to the attached)