Thursday 9 August 2012

Kenanga Today : 9 August 2012


NEWS HIGHLIGHTS
- Malaysia Smelting Corp posts net loss RM46.2m in 2Q 
- Pharmaniaga 2Q net profit rises 12.9% to RM15.7m 
- Favelle Favco bags jobs worth RM110.0m 
- KPJ Healthcare to sell 2 pieces of land 
- TMC Life Sciences disposes of TMCP shares 
- EA buys 35.0% of DDSB for RM18.0m 
- Boilermech in RM20.3m land purchase 
- DRB-Hicom's RM1.0b plan to speed up Proton City development 

FOREIGN NEWS HIGHLIGHTS
- News Corp. posts loss after writing down publishing business
- Citigroup sells USD158.0m of mortgages to fund venture

Source: Kenanga

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