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Daily Archives: April 22nd, 2008

20. Mah Sing sees RM2.5b GDV from four projects

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptMah Sing Group Bhd expects to generate about RM2.45bil in gross development value (GDV) from its property development projects in Johor and Penang.
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19. Skyscraper in Kota Baru

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe first phase completion of a RM300mil mixed development project in Jalan Raja Dewa here in 36 months will transform the skyline of the state capital.
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16. Kamdar names new chairman

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptKamdar Group (M) Bhd deputy chairman Bipinchandra Blvantrai was redesignated chairman with effect from yesterday following the death of its chairman, Harsukhlal Maganlal Kamdar.
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15. Fund buys more shares in Bonia

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptArisaig Asean Fund Ltd has raised its shareholding in Bonia Corp Bhd to 9.08% after acquiring more than 1.68 million shares from April 9 to 14.
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14. TMI reference price RM3.05, TM RM7.85

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptTM International Bhd’s (TMI) reference price has been set at RM7.85 and Telekom Malaysia Bhd’s at RM3.05 following the demerger exercise.
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11. Better H2 seen for Bursa

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptBursa Malaysia Bhd posted a poor set of financial results for the first quarter ended March 31 on weak investor sentiment but the performance still came in within analysts’ expectations.
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10. Bursa, NYSE introduce direct market access platform

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptNYSE Euronext (NYX) and Bursa Malaysia recently introduced a state-of-the-art direct market access (DMA) platform for the Malaysian derivatives market based on technology provided by NYSE Euronext Advanced Trading Solutions.
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3. Asian markets retreat, KLCI dips in early trade

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptAsian markets retreated in early trade on Tuesday, mirroring the decline on Wall Street after Bank Of America’s first quarter net profit fell 77% while light crude oil was at the record levels of US$117 (RM368) per barrel.
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2. Rotational play on O&G as oil at record high

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptOil and gas (O&G) related counters including SapuraCrest Petroleum and Scomi attracted trading interest as oil remained above the record US$117 (about RM368) per barrel but the overall market was lacklustre.
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18. Singapore funds defend Citigroup, UBS bets

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptSingapore’s biggest sovereign wealth fund said yesterday a global recession was increasingly likely but defended its multi-billion dollar bets on Citigroup and UBS as providing good long-term returns.
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