KLCI is the worst performer in Asia, closed down by 8.38 points to 1271.48. Volume traded is 568 m shares.
IOICorp was down 35 sens to RM6.95, Sime also down by 30 sen to RM 9.30, Time was down by 13 sens to 26.5 sen.
Global sales of semiconductors in the first quarter were up 3.8 percent to US$63.4b, from a year ago. However, sales fell 5.8% from US$66.8 b in fourth quarter last year.
Transmile unit defaults on payment of US$9.6m loan as cashflow from business is insufficient to repay the loan due to underutilisation of plan.
Proton inks MOU with EON to work on possible collaboration to rationalise existing Proton-EON distribution network, service centres.
2/5 Nasimuddin Amin, 53-year-old founder, chairman and CEO of Naza group, died in Los Angeles at 1.15 am.
Time Eng trading halted this morning. It will be suspended unless it submits a revamp proposal within 8 months. The shareholders equity is equaled or below 50% of paid up capital.