Stock Market Books

Tuesday, June 24, 2008

KLCI up 4.87 on Tuesday

KLCI rose 4.87 to 1200.28 on Tuesday.

KFH Malaysia still committed to investing in Malaysia, investing another US$100m to expand.

Konsortium Transnasional warns of further drop in earnings as margins would further tightern in future due to higher fuel costs.

Discovery Capital Management LLC of US buys 6.64m UEM World shares from April to June 5, ups stake to 7.83% or 109.35m shares.

Boustead Holdings extends the closing date for proposed voluntary take-over offer of Boustead Properties by 14 more days to July 10.

Wah Seong will invest RM 150 m in an integrated pipe coating plant in Sabah, operational by third quarter this year, as it expands more into O& G operations.

23/6 Wah Seong gets RM 370 m pipe coating contracts in Kuantan and Tukmenistan.

23/6 Tanjung Offshore gets RM 12m order from Sime Darby Engineering to supply control valve package for two platforms

23/6 MAS will make further changes to fares, fuel surcharges due to record oil prices, says Bloomberg report, MAS fell 14 sen to RM 3.20 at noon.

23/6 Bank Thai shares surge 40% or 0.53 baht to 1.85 baht, off early high of 1.93 baht on BCHB takeover. BCHB fell 5c to RM8.20 at 12.10pm

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