Monday 12 November 2012

Kenanga Today - 12 Nov 2012


NEWS HIGHLIGHTS
l UMW Toyota investing up to RM1.0b for expansion
l F&N plans RM1.6b mixed project in PJ
l Metronic unit bags RM43.0m contract from MRT Corp
l Masteel lands RM6.7m supply contract with KVMRT
l Trio fail to get elected to iCapital.biz
l KNM unit serves winding-up petition
l Tiger Synergy prices 2nd tranche
l Paramount will go for niche housing due to scarcity of land in the Klang Valley

FOREIGN NEWS HIGHLIGHTS
l Russia's MegaFon gets nod for USD2.0b IPO
l ICBC gets approval for Argentine Standard Bank takeover
l Precision to buy Simmons’s Timet for USD2.9b

Source: Kenanga

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