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Daily Archives: March 25th, 2008

12. O&G stocks at attractive level

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptValuations of oil and gas stocks, whose shares suffered severe losses this year amid weak sentiment, post-election shock and further negative newsflow from the US, have become attractive at their current prices.
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11. AirAsia traffic resilient, says Fernandes

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptPassenger traffic at AirAsia Bhd is holding up and meeting management targets, contrary to concerns over a global, US-led economic slowdown.
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10. Qualifying criteria based on 2nd Board criteria

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe qualifying criteria for the proposed unified board, comprising of Main Board and Second Board companies, will be based on the current Second Board criteria, says the Securities Commission.
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9. Some fund managers buying into the market

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptJust last week analysts were talking about bear traps and a deepening US recession, but some fund managers are already buying into the market.
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8. Fast-food advertisers back self-regulation plan

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptFast-food advertisers have voiced support for strong and effective advertising self-regulation and also corporate rules committing companies to refrain from advertising on children’s television programmes with immediate effect.
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3. KLCI rallies 24pt at midday; HK soars

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptBlue chips surged in the morning session on Tuesday, in tandem with the strong key regional markets, as sentiment was boosted by JP Morgan’s revised offer for Bear Stearns shares from US$2 to US$10 (RM6.40 to RM32).
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2. Air Maldives files RM140mil counterclaim against MAS

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptAir Maldives Ltd has filed and served a defence and counterclaim amounting to US$43.62mil (RM140mil) against Malaysian Airline System Bhd (MAS) over a management agreement signed in 1996.
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16. 42% higher net profit for Kencana

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptOil and gas contractor Kencana Petroleum Bhd said net profit for its second quarter ended Jan 31 jumped 42% on increased number of fabrication jobs secured.
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15. Fajarbaru wins RM124m KLIA job

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptFajarbaru Builder Group Bhd won a RM123.9mil contract to expand the low cost carrier terminal at the KL International Airport, the firm told Bursa Malaysia yesterday. – Reuters
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14. Export boost from oil palm products

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe Malaysian oil palm industry has continued to provide a steady inflow of export earnings as well as attract foreign direct investments and provide employment in downstream-related activities.
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