Hanging on. The FBM KLCI lost 1.95 points to 1,519.94 points, which was well off the day’s low of 1,507.67 points, on last minute buying support. Corporate news flow includes the High Court deciding that the resolution passed at EON Capital’s EGM was deemed to be valid, Sime Darby forming an independent board for each of its divisions to raise accountability while its utilities division has formed a partnership with Mustang group to provide support services for the oil and gas industry. Latexx Partners has received a RM852m takeover offer from Navis Asia VI Management Co Ltd, translating into an offer price of RM3.10/share, MMC-Gamuda JV wins the Project Development Partner role in the MRT project and TM Bhd will invest RM427m in submarine cables. We expect our market to trade positively today, taking the cue from Dow’s strong overnight gain 148 points. We wish all our readers a Happy Lunar New Year. Gong Xi Fa Cai!
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, 2 February 2011
Hanging on. The FBM KLCI lost 1.95 points to 1,519.94 points, which was well off the day’s low of 1,507.67 points, on last minute buying support. Corporate news flow includes the High Court deciding that the resolution passed at EON Capital’s EGM was deemed to be valid, Sime Darby forming an independent board for each of its divisions to raise accountability while its utilities division has formed a partnership with Mustang group to provide support services for the oil and gas industry. Latexx Partners has received a RM852m takeover offer from Navis Asia VI Management Co Ltd, translating into an offer price of RM3.10/share, MMC-Gamuda JV wins the Project Development Partner role in the MRT project and TM Bhd will invest RM427m in submarine cables. We expect our market to trade positively today, taking the cue from Dow’s strong overnight gain 148 points. We wish all our readers a Happy Lunar New Year. Gong Xi Fa Cai!
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