Stock Market Books

Wednesday, December 3, 2008

KLCI closed up 1.78 to 847.53

3/12 KLCI closed up 1.78 to 847.53. CPO fell RM 36 to RM 1567. DiGi jumped 80 c to RM 21.40, Kulim-WB increased 21 c to RM 2.69, Lii Hen rose 16 c to 50 c, BAT dropped 75 c to 45.25.

Crude oil ended at USD 46.96, down USD 2.32.

2/12 YTL Power purchasing 100pct of PowerSeraya from Temasek at enterprise value of 3.8b Singapore dollars, including 200 mil dollar net debt.

2/12 Fuel prices down 10 sen effective midnight tonight, RON 97 petrol at RM 1.90 per litre, diesel and RON92 petrol at RM 1.80 per litre: PM's office.

1/12 KLCI closed down 17.7points to 848. CPO fell RM 20 to RM 1612.

3/12 MMC says Zelan board lets contract of CEO Albert Chang to lapse Jan 31 at his request. MMC will pick ED to spearhead company with current COO.

3/12 MMC says plans to grow 39% owned Zelan into regional engineering, procurement, construction and commission power plant contractor.

2/12 US President-elect Barack Obama has nominated former rival Hillary Clinton as his secretary of state.

1/12 Tenaga in proposed JV with Felda Palam Industries, Electric Power Devt for 10MW Jenka biomass power project in Pahang, Tenaga to own 24.5%.

3/12 Petronas shuts down indefinitely processing plants in Kertih including JV plants in Kuantan due to low demand, says chairman.

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