Kenanga Today - 22 Nov 2012

NEWS HIGHLIGHTS 
- Bumi Armada sees 2.7% growth in 4Q net profit
- Mudajaya 3Q profit fall 12.0% on higher operating expenses
- Harrisons Q3 pre-tax profit falls to RM8.4m
- Texchem declares interim dividend of 10.0sen a share
- Nestle Malaysia names new head
- ELK-Desa IPO priced at RM1.16 a share
- Bolton signs JV for RM480.0m GDV Sabah development
- UM Land in RM1.4b commercial, residental project in Iskandar Malaysia
- Scomi to bid for Brazil monorail project

FOREIGN NEWS HIGHLIGHTS 
- Ford, partners increase investment in China engine plant
- Danamon deal priced to fail over Singapore Bank clash: Real M&A

Source: Kenanga