Kenanga Today : 3 August 2012

NEWS HIGHLIGHTS

-  New Hoong Fatt Q2 earnings up 33.8% to RM9.5m

-  Yeo Hiap Seng’s Q2 profit plunges

-  Tenaga advances, plans up to RM7.5b capital spending

-  E&O plans RM1b projects

-  Hua Yang sees RM872.0m revenue from BUSI

-  Zelan consortium gets RM34.7m chimney job at Tanjung Bin

-  Pasukhas Group expects to raise RM10.8m from IPO

-  Ingress wins RM25.0m automotive contracts

-  Silver Bird Group gets letters of demand for payment of RM78.5m

FOREIGN NEWS HIGHLIGHTS

-  AIG profit climbs 27.0% to USD2.3b on investments 

-  CBS’s second-quarter profit rose 8.1% as advertising slid 

Source: Kenanga