Bursa Malaysia Sc

Top 56 Bursa Malaysia Securities Commission Latest News Alerts.

Thai Shares End Down 0.8%; Energy Plays Weigh - (7 Sep 2010)

[Updated] Thai shares end down 0.8% at 923.89 after swinging between negative, positive territory in early session; big cap energy stocks lower on profit-taking, while renewed concerns over euro-zone fiscal health hurt market sentiment, says SCB Securities Senior Vice President Sukit Udomsirikul. Ad

US Stocks Fall Back On European Bank Concerns; IA Off 102 - (7 Sep 2010)

By Jonathan Cheng, Steve Russolillo and Donna Kardos Yesalavich Renewed concerns about lingering problems at European banks helped drive the broader market lower, chipping away at last week's strong stock market run-up. The Updated Industri

ECM Libra Maintains AirAsia At Buy;MYR2.32 Target - (7 Sep 2010)

[Updated] STOCK CALL: ECM Libra Research maintains Buy on AirAsia (5099.KU) as house expects better 2H performance on higher load factors, ancillary income and increased capacity. Also expects higher traffic volume in 2H due to increased travel during festivals; "Forward bookings for September and

CIMB Keeps Latexx As Outperform; MYR5.44 Target - (7 Sep 2010)

[Updated] STOCK CALL: CIMB Research keeps Latexx (7064.KU) as Outperform with MYR5.44 target based on 11.6X PE or 30% discount to peer Top Glove's target PE of 16.5X. "We believe that industry prospects for rubber glove remain favourable and Latexx is one of the key winners," says CIMB. House remain

= US Stocks Give Back Some Of Last Week's Gains; IA Off 72 - (7 Sep 2010)

By Steven Russolillo and Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stocks are lower Tuesday, giving up some of last week's gains, as fresh concerns about Europe's bank stress tests worried investors. The Upda

M'sia Glove Makers Lower On Forex,Capacity Worries - (7 Sep 2010)

[Updated] Malaysia latex glove makers mostly lower; world's largest producer by volume Top Glove (7113.KU) down 2.2% at MYR5.87, second largest Supermax (7106.KU) down 2.2% at MYR4.86, Kossan Rubber (7153.KU) down 3.0% at MYR3.19, Hartalega (5168.KU) off 0.2% at MYR5.02. Local dealer says recent MYR

OSK Keeps Malaysian Banking Sector At Overweight - (7 Sep 2010)

[Updated] STOCK CALL: OSK Research maintains Overweight on Malaysian banking sector on future growth prospects of local banks from regional forays and potential upside from capital management. Notes, most banks maintaining a 20%-35% net dividend payout, which will help drive ROEs. Says current premi

STI Off 0.4%, Telcos Weak; Support Eyed At 3000 - (7 Sep 2010)

[Updated] Singapore shares generally still thinly traded with investors content to stay on sidelines to await fresh leads after modest pullback in early trade. Volume at around 800 million shares worth S$660.9 million vs yesterday's 1.93 billion shares worth S$1.48 billion, with decliners outnumberi

= Financials Lead US Stocks Lower, IA Down 84 - (7 Sep 2010)

By Steven Russolillo and Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stocks dropped Tuesday, giving up part of last week's gains as fresh worries about the health of European banks emerged. The Updated Industri

= MARKET COMMENT: Banks Weigh On European Stock Markets - (7 Sep 2010)

By Simon Kennedy LONDON (Updated)--European stock markets snapped their recent winning streak to close lower Tuesday, weighed down by losses in the banking and commodities sectors. The Stoxx Europe 600 Index shed 0.5% to 259.76 points.

European Stocks: Stoxx 50 Late Prices - (7 Sep 2010)

Volume Close Change % Change RWE 3,162,457 54.21 0.98 1.84 E.ON AG 12,697,740 23.34 0.41 1.79 Gdf Suez

= US Stocks Decline As Worries Over EU Banks Weigh On Financials - (7 Sep 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--The financial sector led U.S. stocks lower Tuesday, erasing part of last week's rally as concerns about the health of European banks were reignited. The Updated Industr

AmResearch Re-Affirms Overweight On M'sia Telcos - (7 Sep 2010)

[Updated] STOCK CALL: AmResearch re-affirms overweight rating on Malaysia telecom sector. Despite reduction in interconnection fees recently competitive landscape remains "status-quo." Adds, "there has yet to be a full-fledged 'price war' within the sector." House also says non-voice driving revenue

Adventa +2.5% On Improved Earnings Outlook - (7 Sep 2010)

[Updated] Adventa (7191.KU) +2.5% at MYR2.43 on improved earnings outlook, supported by undemanding valuation, says dealer with local brokerage; tips stock to test 30-day moving average of MYR2.74 in next few weeks. "The stock's share price has fallen sharply from its peak of MYR4.35 in January and

= US Stocks Drop, Led By Financials; IA Off 88 - (7 Sep 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stocks declined Tuesday, led by the financial sector as fresh questions emerged about Europe's bank stress tests. The Updated Industrial Average declined 78 points

= US Stocks Fall As Questions Over European Banks Weigh; IA Off 52 - (7 Sep 2010)

By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--U.S. stocks fell Tuesday, erasing part of last week's rally as fresh questions about Europe's bank stress tests weighed, along with disappointing manufacturing data out of Germa

Treasurys Rise As Euro-Zone Banking System Concerns Return - (7 Sep 2010)

By Deborah Lynn Blumberg Of Updated NEWSWIRES NEW YORK (Updated)--Treasurys kicked off the holiday shortened week on a strong note Tuesday, with prices climbing amid renewed concerns about the European banking system. Investors were wor

BEFORE THE BELL -2: US HOT STOCKS TO WATCH - (7 Sep 2010)

Among the companies whose shares are expected to actively trade in Tuesday's session are Oracle Corp. (ORCL), Barclays PLC (BCS) and Casey's General Stores Inc. (CASY). Oracle announced Monday night that Mark Hurd would join the softwar

BEFORE THE BELL: US Stock Futures Down; Oracle, Barclays In Focus - (7 Sep 2010)

By Polya Lesova U.S. stock futures pointed to a lower opening Tuesday on Wall Street after a long holiday weekend, as shares of Barclays came under pressure after the banking giant announced a new chief executive. Futures on th

BEFORE THE BELL: US Stock Futures Fall; Focus On Barclays, Oracle - (7 Sep 2010)

By Polya Lesova U.S. stock futures pointed on Tuesday to a lower opening on Wall Street, as traders return to their desks after a long holiday weekend, with shares of Barclays under pressure after the banking giant announced a new chief

Petronas Chemicals May Raise MYR11 Billion Via IPO - Source - (7 Sep 2010)

KUALA LUMPUR (Updated)--Malaysia's Petronas Chemicals Group Bhd. may raise as much as MYR11 billion ($3.53 billion) in its initial share sale in what would be the country's biggest offering ever, a person familiar with the matter said Tuesday. A

= Asian Shares End Mixed; Tokyo Snaps 4-Session Winning Streak - (7 Sep 2010)

SINGAPORE (Updated)--Asian stock markets ended mixed Tuesday as exporters helped Japanese shares snap a four-day rally on renewed worries about the yen's strength, while steel makers climbed around the region on expectations for higher Chinese steel price

losure - (7 Sep 2010)

LAST Friday, significant events took place in relation to Mudajaya Corp Bhdâs public relations roller coaster ride that began in late July when a poison pen letter about its Indian power plant project first surfaced.

China Shares End Slightly Up Near 4-Month High; Steelmakers Lead - (6 Sep 2010)

SHANGHAI (Updated)--China's shares ended at a near four-month high Tuesday as Beijing's call for faster consolidation in the country's heavy, polluting industries pushed the benchmark index slightly higher, with steelmakers leading the gains. The

Contamination Leaves 1.2 Million Malaysians Without Water - (6 Sep 2010)

KUALA LUMPUR (AFP)--More than 1.2 million Malaysians were without piped water Tuesday, authorities said, as contamination from a landfill forced a treatment plant to close. National water distribution company Syabas said it was sending water truc

S Korea Shares End Down; Investors Await BOK Rate Decision - (6 Sep 2010)

SEOUL (Updated)--Steel stocks buoyed South Korean shares Tuesday, preventing a sharper decline as investors remained cautious awaiting the central bank's decision on interest rates later this week. The Korea Composite Stock Price Index, or Kospi,

Australia Shares End Flat; Labor Party Retains Power - (6 Sep 2010)

SYDNEY (Updated)--The Australian share market held its ground in choppy trading Tuesday amid relief that political uncertainty was resolved as the Australian Labor Party held onto power thanks to support from two key independent lawmakers. The be

Tokyo Shares Snap 4-Day Winning Streak On Yen Worries - (6 Sep 2010)

By Kana Inagaki Of Updated NEWSWIRES TOKYO (Updated)--Tokyo stocks fell Tuesday, snapping a four-session winning streak, as worries over a stronger yen were rekindled even as the Bank of Japan signaled its readiness to ease monetary policy furth

NZ Shares End Higher On Global Economic Recovery Hopes - (6 Sep 2010)

WELLINGTON (Updated)--New Zealand shares ended higher Tuesday on continued expectations of a global economic recovery. The NZX-50 index was up 1.0%, or 31 points, at 3174.14. First NZ Capital Head of Equities James Lee said the rise was

Unrest In Thai South Kills 4 - Police - (6 Sep 2010)

YALA, Thailand (AFP)--Bombings and shootings by suspected Islamic militants have killed four people, including a teacher, and wounded 13 across Thailand's troubled south, police said Tuesday. The 54-year-old teacher was killed and his wife was in

Up Close and Personal with Tan Sri Rastam Isa - (4 Sep 2010)

The former Wisma Putra secretary-general talks about the highlights of his 36-year career as a diplomat.

Enerkâs presence a commercial decision - (4 Sep 2010)

PETALING JAYA: The presence of Indian engineering firm Enerk International Holdings Ltd as a minority shareholder in a Mudajaya Group Bhd subsidiary in India that has a lucrative construction contract, was purely a commercial decision that had been disclosed and approved by Mudajaya shareholders in 2007, said Asgari St

Mudajaya wants to put past behind it - (4 Sep 2010)

Mudajaya Group Bhd (5085), whose shares took a dive late July after regulators started looki

Mudajaya sheds light on Indian IPP - (1 Sep 2010)

PETALING JAYA: Mudajaya Group Bhdâs explanations on various financial and ownership aspects of its Indian independent power producer (IPP) project may raise further questions from Bursa Malaysia, industry sources said.

Deferred IFRIC 15 brings relief - (31 Aug 2010)

PETALING JAYA: The Malaysian Accounting Standards Board (MASB) has deferred implementing the much-debated accounting practice that recognises developersâ revenue only on completion of projects to 2012, MASB announced on its website yesterday.

US wasted billions in rebuilding Iraq - (30 Aug 2010)

KHAN BANI SAAD, Iraq: A US$40 million prison sits in the desert north of Baghdad, empty. A $165 million children's hospital goes unused in the south. A $100 million waste water treatment system in Fallujah has cost three times more than projected, yet sewage still runs through the streets

Bank Muamalat Distribute Dates And Biscuits To Firefly Passengers For Buka Puasa - (27 Aug 2010)

KUALA LUMPUR, Aug 27 (Bernama) -- Bank Muamalat Malaysia Berhad (BMMB) have started distributing dates and biscuits to Firefly passengers in-flight for Buka Puasa since Tuesday Aug 24, and will continue to do so for all the airline's passengers during their evening flights until the end of Ramadan.

SC's Zarinah to chair governance panel - (26 Aug 2010)

THE Securities Commission (SC) Chairman Tan Sri Zarinah Anwar will be chairing the new International Corporate Governance Consultative Committee (CGCC).

In a statement, the SC said members of t

okays takeover of Kretam - (24 Aug 2010)

PETALING JAYA: The Securities Commission has approved the unconditional takeover offer of plantation firm Kretam Holdings Bhd by Nasalim Sdn Bhd, Santraprise Sdn Bhd and Lim Nyuk Sang at a price of RM1.43 per share of those shares not already held by them.

Signaland closing date to be extended - (19 Aug 2010)

PETALING JAYA: Securities Commission (SC) has requested Signaland Sdn Bhd, which is making an unconditional takeover offer for Southern Steel Bhd shares, to extend the first closing date of the offer from Aug 27 to a date no less than 11 days from the date of despatch of the independent advice circular to Southern Stee

EON Cap's EGM Called Off - (18 Aug 2010)

KUALA LUMPUR, Aug 18 (Bernama) -- EON Capital Bhd, the holding company of EON Bank Group, will not convene an extraordinary general meeting (EGM) scheduled for tommorow.

Electronic share payment facility introduced - (18 Aug 2010)

PETALING JAYA: The Securities Commission (SC), Bank Negara and Bursa Malaysia have introduced the Electronic Share Payment (e-Share) facility for share transactions in a move to further promote the use of e-payments in the stock market.

Electronic share payment facility - (18 Aug 2010)

THE Securities Commission Malaysia (SC), Bank Negara Malaysia (BNM) and Bursa Malaysia have introduced the Electronic Share Payment facility for share transaction in a further move to promote the use

Takaful Ikhlas Records Higher Turnover Of RM615 Million - (17 Aug 2010)

KUALA LUMPUR, August 17 (Bernama) -- Takaful Ikhlas Sdn Bhd has recorded a higher turnover of RM615 million for its financial year ended March 31, 2010, compared to RM581 million in the previous year.

Why the delay in takeover rule changes? - (17 Aug 2010)

IT remains puzzling why the authorities are taking so long in implementing their proposed changes to takeover rules.

With e-share payment, no need for cheques - (17 Aug 2010)

THE Electronic Share Payment (e-Share), which does away with the need to deposit and collect cheques, and eliminates issues of misplaced, lost or expired cheques, has been introduced Tuesday in a furt

BNM Yes To Tahan's Transfer Of Business To OACM - (16 Aug 2010)

KUALA LUMPUR, Aug 16 (Bernama) -- Bank Negara Malaysia (BNM) has approved the scheme of transfer for the general insurance business of Tahan Insurance Malaysia Bhd to Overseas Assurance Corp (M) Bhd (OACM) pursuant to the Insurance Act 1996.

Public rejections, private reasons - (14 Aug 2010)

Errol Oh questions the reluctance to reveal reasons for rejecting appointment of independent advisers.

Bankers say SPACs not gaining momentum due to issues - (11 Aug 2010)

PETALING JAYA: Special-purpose acquisition companies (SPACs), which were allowed to list under the new equity guidelines unveiled last year, are facing issues such as identifying the quality and type of assets to be acquired.

SC rejects HwangDBS appointment - (11 Aug 2010)

THE Securities Commission (SC) has rejected HwangDBS Investment Bank Bhd’s appointment as the independent adviser for Signaland Sdn Bhd’s proposal to buy over Southern Steel Bhd.

= UPDATE: Asian Shares Mixed;Steel Cos Up On China Steel Price Hopes - ()

and say which major party--Prime Minister Julia Gillard's center-left Labor Party or Tony Abbott's conservative Liberal-National coalition--they will support.

= WORLD FOREX: Euro Falls On Concerns About European Banks - ()

from $1.2879 and Y108.51 in late London trading on Monday (New York was closed for a holiday).

JGBs Up As BOJ Shows Openness To More Easing Ahead, Yen Gains - ()

Change

China Yuan Down Slightly On Dollar Demand Despite Lower Fixing - ()

6.7878 +0.12% 6.7874

= UPDATE: China Yuan Down Late On Dollar Demand Despite Lower Fixing - ()

6.7914 +0.17% 6.7874