Kenanga Today - 16 Oct 2012

NEWS HIGHLIGHTS 
- Tenaga moves closer to coal-fired power plant project in Sumatera
- DRB-HICOM frontrunner for MRT track job
- Gas Malaysia, Singapore's IEV plan LNG distribution
- Maybank looking to expand in China through organic growth
- MNRB plans RM150.0m Sukuk, secures RM200.0m credit
- SAAG shares down on suspension of payments to its creditors
- MAS working hard on corporate recovery plan

FOREIGN NEWS HIGHLIGHTS 
- Japan's Softbank to buy 70.0% of Sprint for USD20.1b
- Advent offers USD1.9b to buy Beauty Retailer Douglas

Source: Kenanga