KLCI is down by 21.63 to close at 1041.07.Oil dropped 94c $101.64, Kulim slipped 65 c to RM 5.95, Kulim-WB eroded 62 c to RM 3.90, Parkson dropped 40 c to 4.20.
11/9 Cabinet suspends power purchase agreement renegotiations, pending study into revamp of power supply industry.
11/9 Cabinet discontinues windfall profit levy on IPPs with immediate effect, instead IPPs will have to make a one-off payment equivalent to one year.
11/9 Vastalux Energy, whose public offer was under-subscribed and due to list on Friday, is given until March to comply with public shareholding.
11/9 US based Laureate Education, via Future Perspective, bought all the 34.35m Inti shares traded Wednesday at RM 1.20 each, ups stake to 67.7%.
11/9 Harrisons minority shareholders reject revised RM 1.45 offer from Bumi Raya, seek revised offer of between Rm 4 to RM 5.
11/9 Astro posts RM 247.32m net loss in second quarter on revenue of RM 742m. First half net loss is recorded at RM 249.9m on revenue of RM 1.45b.
11/9 MetTube launches takesover of Metrod, seeks to buy the remaining 48.6% at RM2.90 per share. Share price jumped 28 c to close at RM2.99.
11/9 IJM Land in talks with parties for mixed property development in China in second-tier cities, expects China to contribute to earning in 3 to 5 years.
11/9 Lehman Brothers posted biggest loss in 158-year history with US $3.9 b loss in third quarter after writing-down of US $ 5.6 bil. Analyst forecast US$2.2 b loss.
11/9 DJIA closed up 38.19 points or 0.34 % at 11,268.92, boost from energy shares, positive outlook from Texas instrument. Oil fell 49 c to $103.07.
10/9 Key West subsidiary Times Telecom filed draft listing application with Canada’s TSX Venture Exchange. Shareholders to get 90 m TTI shares.
9/9 NW Multi expects RM100m sales from Shah Alam Memorial Park this year, sees 10% increase in net profit.
4/9 TA Enterprise buys Coast Whistler Hotel in Canada for RM 107m, financed by loan, own funds. It is hoping to get visitors for 2010 Winter Olympics.
4/9 EPF ends talks with potential buyers for part of its RHB Cap stake after share price fell, Bloomberg quotes EPF CEO Azlan as saying.
3/9 EPF reports RM 5.2b investment income in second quarter up 26.3% from previous quarter. Bulk of income from equities is recorded at RM 2.1b, up from RM RM 1b.
2/9 TM accepts letter of award from government to carry out high speed broadband project. TM is to invest RM 8.9b and the government is to invest RM 2.4b.
2/9 Bursa Securities allows Wonderful Wire & Cable until Nov 30 to submit regularization plan or face delisting.
2/9 Ranhill fell 13.5 c to 89.5 c with 6.3m shares at 11am after RM 720m net loss in fourth quarter on provision fro Melut Oil Basin totaling RM 556m.
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