Losing more ground. The FBM KLCI fell 16.54 points to 1,526.43 pts. Today’s headlines include the Minister of International Trade and Industry saying that the Government will not force Proton and Perodua to merge while Public Bank Bhd reported a record net profit of RM846.19m for its 4QFY10, and Malaysia’s logistics industry is expected to grow by 11.5% to RM121bn in 2011. Meanwhile, Ramunia Bhd will buy Oilfab’s fabrication yard for RM84m, and Ann Joo Resources Bhd has entered into a share sale agreement to acquire a 38% stake in Anshin Steel Processor SB at a cash consideration of RM2.10/share worth RM11.97m. Finally, the US markets closed mixed while crude oil price lost USD1.68 to close at USD86.19/barrel.
Seminar Jutawan Saham dan CPO anjuran PUABUMI kini KEMBALI sebagai Kem Pelaburan PUABUMI II, 2 hari 1 malam untuk memenuhi permintaan ramai secara eksklusif yang akan diadakan pada 13 Ogos 2011( CPO )dan 14 Ogos 2011, 10.00 pagi-6.00 petang ( EKUITI ) bertempat di Hotel Midah, Kuala Lumpur ... Berminat, sila sms nama dan no kad pengenalan ke 0192009622! Rebutlah peluang keemasan ini... Sila lawati www.boraksaham.com
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MARKET REVIEW - Wednesday, 26 January 2011
Losing more ground. The FBM KLCI fell 16.54 points to 1,526.43 pts. Today’s headlines include the Minister of International Trade and Industry saying that the Government will not force Proton and Perodua to merge while Public Bank Bhd reported a record net profit of RM846.19m for its 4QFY10, and Malaysia’s logistics industry is expected to grow by 11.5% to RM121bn in 2011. Meanwhile, Ramunia Bhd will buy Oilfab’s fabrication yard for RM84m, and Ann Joo Resources Bhd has entered into a share sale agreement to acquire a 38% stake in Anshin Steel Processor SB at a cash consideration of RM2.10/share worth RM11.97m. Finally, the US markets closed mixed while crude oil price lost USD1.68 to close at USD86.19/barrel.
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