Stock Market Books

Friday, April 11, 2008

KLCI dropped slightly

KLCI closed down 1.4 point to 1246.79. Volume traded is 494 m. TM was down 20 sen to RM 10.60. Public Bank-f was lower by 20 sen to Rm 11.20. However, Sime is up by 20 sen to RM 9.10, MISC rose 25 sen to Rm 9.25.

Nomad Group, formerly KL City Corp, plans to buy hotel in George Town; also seeks to expand serviced office, residences in 4 Asean nations.

Pos Malaysia has postponed the rounding mechanism at its offices; it is only an agent for collection, not yet authorized to round up payment.

Goldman Sachs sold 2.95 m RCE Capital from April 2 to 7, cuts stake to 38.23 m or 5.38%.

Petra Perdana secures RM 100m loan from Hwang DBS Investment Bank, UOB Malaysia for working capital.

VADS wants systems integration services contribution to revenue from 15% to 25% in 2 years. Order book RM 400m now and will increase to RM 450 m.

Perisai Petroleum ED Tengku Daud Shaifuddin sold 4 m Perisai shares on April 4, cutting its stake to 4.45 m or 2.14 %

US Scientists say they have developed a drug which may help healthy cells survive radiation to make radiotherapy safer for people with cancer.

TRC Synergy Bhd unit secures RM 202m project to extend the runway and upgrade Kuala Terengganu airport.

Salcon-Danish JV gets RM221 m water treatment plant project in Sri Lanka. Salcon has 40% stake in the project.

Online One Corp unit Ace Edible oil ventures into palm based premium oil for cold climate, developed by MPOB. The company plans to build a RM 8 m plant in Klang.

TM International Bhd shares to list on April 28, says TM statement to Bursa.

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