Thursday 13 December 2012

Kenanga Today - 13 Dec 2012


NEWS HIGHLIGHTS 

  • Hiap Teck’s Q1 pre-tax profit down 
  • AmBank to focus on integration of MBF Cards 
  • Boustead offer gets 97.7% acceptance 
  • Media Prima forms digital arm to bring in more revenue 
  • Bursa names NASDAQ OMX Group as new technology partner 
  • Matrix Concepts gets SC nod to list on Bursa in 2013 
  • Quek offers RM3.3b to take Guoco private 
  • Vincent Tan increases stake in TMC Life to 31.1% 
  • B&G Capital targets Iskandar

FOREIGN NEWS HIGHLIGHTS 
  • Berkshire buys USD1.2b in stock from single investor 
  • Renault to sell Volvo shares worth USD2.0b to cut debt 

IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

  • Sector Update: Media 
  •  Results Note: SPSETIA 
  • Quick Bites: MBSB, UOADEV 
  • On Our Radar: HOVID 
  • Technically Speaking: DIGI, THHEAVY
Source: Kenanga

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