NEWS HIGHLIGHTS
- MSM
Malaysia’s 2Q net profit falls 31.1% YoY to RM52.8m
- Handal’s
2Q net profit falls 40.0% YoY to RM1.8m
- UAC
earnings up on better margin
- FFM buys
another 20.0% of Wilmar’s flour mill
-
Minorities advised to accept UM Land privatisation offer at RM2.50 per share
- Malakoff
kicks off construction of RM6.5b Tanjung Bin plant
- Sime
Darby gets China's nod for trading business
- Berjaya
Assets’ bid for lower public spread rejected
- MAS
expects 15% growth in passenger load from India
- Encorp to
expand landbank
FOREIGN NEWS HIGHLIGHTS
- Google
plans to eliminate 4,000 jobs at Motorola division
- Baer
close to buying Merrill wealth unit, says sources
Source: Kenanga
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