Archive for February, 2013

Nielsen: More people in their 30s reading NST

Thursday, February 28th, 2013

MORE people between the ages of 30 and 39 are reading the New Straits Times (NST), the latest figures of the Nielsen Media Index show as of the end of December last year. The readership for the age group of 30 to 39 had increased to 69,000 per issue in the January to December period […]

InvestKL in talks with 5 MNCs

Thursday, February 28th, 2013

INVESTKL, the specialist investment agency for Greater Kuala Lumpur, is in talks with five multinational corporations (MNCs) to make Kuala Lumpur their business hubs. The companies are from the US, Europe and Japan, InvestKL chief executive officer Zainal Amanshah said yesterday. He said once the deals are finalised, the names of the MNCs and the […]

WCT Bonus shares issue and free warrants Valuation Summary

Thursday, February 28th, 2013

WCT proposed a 3-for-20 bonus shares issue and 1-for-5 free warrants. The ex-date will be on 6 Dec 2012 and the new Warrants D will be priced at RM2.25. The rationale for the corporate exercise is to (i) reward shareholders, and (ii) create liquidity for WCT. As the dilution effect will come in gradually,we reiterate […]

TRC profit triple

Thursday, February 28th, 2013

Sense & Cents

Shares jump 57.32 points

Thursday, February 28th, 2013

SHARES ended 0.25 per cent higher yesterday after US Federal Reserve chief Ben Bernanke soothed concerns that the bank’s huge monetary easing policy will end earlier than expected. The benchmark Hang Seng Index rose 57.32 points to 22,577.01 on turnover of HK$ 68.18 billion. AIA surged 4.1 per cent to a record high HK$ 32.85 […]

Australaysia Resources and Minerals Bhd, 4th SPAC

Thursday, February 28th, 2013

The country's fourth special purpose acquisition company (SPAC) Australaysia Resources and Minerals Bhd will be headed by former Bursa Malaysia Bhd chief executive officer Datuk Yusli Mohamed Yusoff. Sources familiar with the proposed exercise said the SPAC aimed to raise at least RM150mil via its initial public offering (IPO). Australaysia has submitted its draft prospectus […]

Key index rises 0.21pc

Thursday, February 28th, 2013

THE FTSE Straits Times Index rose 0.21 per cent, or 6.86 points, to close at 3,261.12 yesterday, taking the year-to-date performance to 2.97 per cent higher. Keppel Corp Ltd was among the biggest gainers yesterday after the world’s largest oil rig builder won two contracts worth S$ 200 million. Keppel gained 1.22 per cent to […]

Computerised trading, possible in Bursa?,

Thursday, February 28th, 2013

Hi, i'm sort of newbie here, just noticed something when I'm looking to a stock's trading details during the past few hours. I noticed that there are transactions done in about every 50-60seconds, with 100 units transacted. After exhausting the buyer's queue at price X, it moved to price X-1, and there it starts again, […]

Maybank eyes wealth management for growth

Thursday, February 28th, 2013

KUALA LUMPUR: Malayan Banking Bhd (Maybank), which bagged eight out of nine Euromoney Private Banking Awards recently, sees wealth management… Maybank eyes wealth management for growth Thu, 28 Feb 2013 00:18:28 GMT L. C. Chong’s Investment and Trading Blog

FDIs seen exceeding US$12b this year

Thursday, February 28th, 2013

KUALA LUMPUR: Foreign direct investments (FDIs) will likely exceed US$ 12 billion (RM37.2 billion) this year, spurred by improvements in the electrical and electronics (EandE) sector on the back of a recovery in the advanced economies said International Trade and Industry Minis-ter Datuk Seri Mustapa Mohamed. EandE has traditionally been the main investment driver attracting […]