IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
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Initiating
Coverage: ASIABRN
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Results
Note: AFFIN, FAJAR, PERDANA, POS, TSH
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On
Our Radar: MYEG
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On
Our Technical Watch: TEBRAU, WCT
NEWS HIGHLIGHTS
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Daya
Materials 1Q profit jumps 71.0%
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KPS
doubles net profit, revenue up 34.0%
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Sino
Hua-An turns around, 1Q net profit at RM3.3m
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Pharmaniaga
in venture with Saudi company
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Battersea
Power Station's Phase 1 records RM3.12b sales
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TH
Plantations to build palm oil refinery in Sarawak
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BToto
hopes to list business trust in Singapore
end-August
FOREIGN NEWS HIGHLIGHTS
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Yahoo
buying Tumblr for USD1.1b
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Dish
eyes LightSquared's Spectrum for USD2.0b
Kenanga Coverage Rating Summary - (Please refer to the attached)