Astro/Telekom: The battle for the rights to broadcast EPL matches for the next four years from 2012 is set to begin. Telekom Malaysia Bhd (TM) has expressed interest in the EPL. This means that it will go head on against incumbent rights owner Astro Malaysia Holdings Bhd for the coveted content.
Astro: It has 22 cornerstone investors, some of which are very big names and they have a lock-in period of three months from Oct 2012. Astro has to do with the expiry of Astro's exclusive satellite TV licence in 2017, though the pay TV licence is till 2020.
RHB Cap: RHB Capital Bhd says there is no ongoing merger talks between its subsidiary, RHB Bank Bhd, and Malaysia's largest lender, Maybank Bank Bhd. RHB has not been approached by Maybank on a possible merger that could potentially create the region's biggest bank. However, it did not discount future mergers and acquisitions if the right opportunity arises. Expect the Indonesian regulators to revert in the next two months from Oct 2012 and the deal to be concluded in 2013.
IJM Corp/Scomi: The signing of the concession agreement for the West Coast Expressway is "on the horizon" and should not take much longer. IJM Corp and Scomi would jointly bid for projects if IJM Corp could add value. The subscription to SCOMI Group’s bonds, which is part of the group’s stake acquisition in the marine and civil engineering outfit will be done by end 2012.
Scomi is believed to be among the frontrunners to snag the risk-service contract for the Tembikai and Cenang marginal oilfields off Peninsular Malaysia. The two fields are said to be lucrative as they are in shallow waters and have the most reserves, with the contracts valued at between US$200mil (RM620mil) to US$400mil (RM1.2bil) each. Its restructuring is on track to be completed by year-end (2012). Post-restructuring, Scomi will hold an effective 66% stake in Scomi Marine from 43% currently (Oct 2012).
MAS: Speculating it is being taken private.
THHeavy: It is not aware that it will be lifted out of PN17 status within the next five working days from 19 Oct 2012. It had submitted its third quarter financial quarter results for the period ended Sept 30, 2012 to Bursa for an early upliftment from being classified as a PN17 company on Oct 8, 2012. Bursa decision was currently (19 Oct 2012) pending.
Hi bro, these news forwarded to u are for yr own 'consumption', need yr help pls do not post it publicly.
ReplyDeleteCK Kok.