25 July 2012

Dj -60.xx ..... becareful .....

dj 12,617.32 -104.14 (-0.82%)
Jul 24 - Close
INDEXDJX real-time data - Disclaimer
Range 12,521.84 - 12,730.09
52 week 10,404.49 - 13,338.66
Open 12,720.93
Vol. 118.83M

morning all....
DJ last night low was -200.
put warrants seem more and more interesting now

ihh at 3.00 now oni

IHH listing day....Let's see how it poke the market.....hehehe[You must be registered and logged in to see this image.]

IHH an exciting day im kinda nervous haha

hi! good morning

aam, what should I post neh?

good morning!

today IHH zooommmmm up, but now like struggling leh.. [You must be registered and logged in to see this image.]

sun wrote:aam, what should I post neh? [You must be registered and logged in to see this image.]

ahahahhaha, "what should i post neh"

morning~~

Malaysia News & Highlights

Korean takeover of ING's M'sian insurance business?
ING is in the advanced stages of disposing of its Malaysian insurance business to a South Korean insurer as part of its Asian insurance and investment management divestment operations, according to a source familiar with the matter. This may see some of the other South-East Asian ING insurance operations being bought over by the South Korean insurer. At this juncture, the relevant parties are keen for the deal to go through. The disposal, he said, would involve the South Korean insurer either acquiring a controlling stake or the entire equity of ING's Malaysian insurance business. (Source: The Star)

TH Plantations to double its land bank via a RM535.64mil deal
TH Plantations (THP) Bhd is looking to double its plantation land bank via a RM535.64mil deal with its major shareholder Lembaga Tabung Haji (LTH). THP told Bursa Malaysia that it was buying TH Ladang (Sabah & Sarawak) Sdn Bhd for RM518mil and a 70% stake in TH Bakti Sdn Bhd for RM17.64mil, from LTH. The acquisition will be satisfied via the issuance of 209.23 million new THP shares at an issue price of RM2.56 per share. (Source: The Star)

Axiata buys 51% stake in DMSB
Axiata Group Bhd, through wholly-owned subsidiary company Celcom Axiata Bhd, has acquired 51% stake in Digital Milestone Sdn Bhd (DMSB). After the acquisition of 255,000 ordinary shares of RM1 each, DMSB has become a subsidiary of Axiata held via Celcom. The acquisition of DMSB shares by Celcom is in accordance with the teaming agreement entered by Celcom on July 3. (Source: The Star)

MAS-AirAsia deal still on MyCC radar
The share swap entered into by national carrier Malaysia Airlines (MAS) and AirAsia Bhd may be off, but the short-lived marriage is still being investigated by the Malaysian Competition Commission (MyCC). MAS and AirAsia had announced a share swap and an agreement to collaborate in August 2011. While the share swap was called off on May 2 2012, both airlines had then said that they would nevertheless pursue collaborative agreements. (Source: Business Times)

Brahim's expands into Japan
Brahim's Food Group has added a feather to its cap by expanding into Japan with the setting up of Brahim's Food Japan Co Ltd. Brahim's Food Japan (BFJ) will be the Japan branch of Brahim's Dewina Group of Companies to facilitate distribution of Brahim's products in Japan. (Source: Business Times)

Eyes on Langat 2 water treatment plant tender
While the Selangor water problems get tossed in political heat, industry players are keeping their eyes peeled for any forthcoming government tender for the construction of the Langat 2 water treatment plant. Among the names that may be game for bidding are Gamuda Bhd, Loh & Loh Corp Bhd, and George Kent (M) Bhd, according to an industry player. (Source: The Star)

Adventa gets revised takeover offer from Aspion
Adventa Bhd has received a revised takeover offer from Aspion Sdn Bhd, which will exclude the shares in two companies – Sun Healthcare (M) Sdn Bhd and Electron Beam Sdn Bhd. However, the manufacturer and distributor of medical products told Bursa Malaysia that the offer price of RM320.85mil, or RM2.10 per Adventa share, remained unchanged under the revised offer. (Source: The Star)

Supermax plans plant in South America
Supermax Corp Bhd is planning to manufacture rubber gloves in South America, a move which will help the world’s second largest glove producer by capacity to capitalize on the region’s duty-free status to make the group’s products more competitive there. (Source: The Edge)

Mohamed Razeek resigns as MRCB CEO
Malaysian Resources Corp Bhd (MRCB) chief executive officer (CEO) Datuk Mohamed Razeek Hussain has tendered his resignation. MRCB said yesterday Mohamed Razeek is resigning as the CEO and director of the company. (Source: Business Times)

morning

sun wrote:aam, what should I post neh?

what shud i post neh? what kind of post fit in this situation where you dunno what to post ask me what to post and i also dunno what to post asking you in return what shud be post??

arr panjang ini post can liao

phoenix777 wrote:IHH an exciting day im kinda nervous haha

wah wats your limit?
sure made some already

IHH slowly creeping upwards.. almost to the day high edi..

aiyak.. come down 1 bid edi. [You must be registered and logged in to see this image.]

morningggg

day high liao!

cals not here you guys go spam his thread

ahhahaha [You must be registered and logged in to see this image.]

kppl wrote:cals not here you guys go spam his thread

spam his thread so he can login quick quick mar. [You must be registered and logged in to see this image.]

morning guys. (and girls)

mataseri~