KLCI closed 11.06 at 1287.15. Aeon rose RM1.10 to 10.90, SSteel was up 21 sen to RM 2.81, Genting was up 20 sen to RM 6.45. Oil price went up to US121.73 per barrel, CPO was up R 12 to RM 3,375.00.
EPF seeks Bank Negara nod to keep 40 % of RHB Cap, plans to sell further 5% to foreigners, including Japanese parties, says EPF chief.
Rebranded RHB Bank plans to open another 6 to 7 Islamic branches, 8 to 10 conventional branches this year, says RHB group MD.
JT Intl first quarter net profit was RM 30.75m vs RM 27.77 m a year ago. It declares tax exempt 28 sen special dividend, 15 sen interim dividend. It warns that difficult year ahead.
F&N second quarter earnings was up 33.5% to RM 47.9m vs RM 35.9m. Revenue was up 26.5% to RM 907 m. It declared a 17 sen gross dividend, 5 sen special dividend per share.
Ann Joo Resources first quarter net profit rose 164% to RM 102.9m vs RM 39m a year ago due to improvements in steel mill operations. Revenue was RM 671 m vs RM 446m.
SC warns against investments in products under Credit Suisse Investment offered by Beneficence International investment group.
All highway concessions will be reviewed and this may result in lower toll rates, says Works Minister Mohd Zin Mohamed.
This is a good news. How come Samy cannot do the review and Mohd Zin Mohamed can?
Petronas and partners find oil, gas in the Banda offshore field, Mauritania, according to Sydney-based Roc Oil.
Istima Permata Sdn Bhd buys into Equine Capital, acquired 20.8 m Equine shares or 10.8% on April 30.