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Daily Archives: May 9th, 2008

7. DiGi, Maybank lead blue chips higher, oil at US$124.61

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe main Asian markets fell in early trade while oil continued to extend its gains to a fresh record high of US$126.61 but at Bursa Malaysia, some mild buying of DiGi and Maybank lifted the KL Composite Index.
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6. Hedge fund buys into NV Multi

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptHedge fund Platinum Global Dividend Fund Ltd has emerged as a substantial shareholder in NV Multi Corporation Bhd with 5.31% stake.
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20. MBM: Positive outlook for auto sector

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptAutomotive-based investment company MBM Resources Bhd is optimistic that its performance in the current financial year ending Dec 31 (FY08) will be as good as that in FY07.
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18. Malaysia still the hub for Alstom ops

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptMalaysia will continue to be the centre of Alstom’s power activities in the region, said country president Saji Raghavan.
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17. IJM to extend RB Land warrants offer

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptIJM Corp Bhd has proposed to extend the offer of RB Land Bhd warrants to all eligible employees of the IJM group instead of only to senior management.
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16. Airlines close mixed on oil’s new high

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptRegional airline stocks finished mixed as crude oil price hit a fresh record of US$123.53 a barrel early Thursday.
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15. No more ceiling price for steel

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptThe ceiling price on steel will be abolished effective Monday.
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8. Crude oil set to stay above US$120

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptAfter hitting a record intra-day high of US$123.93 a barrel in New York on Wednesday, crude oil was little changed on Thursday as the commodity markets await direction from US employment data and an interest rate decision by the Bank […]

7. Hedge fund buys into NV Multi

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptHedge fund Platinum Global Dividend Fund Ltd has emerged as a substantial shareholder in NV Multi Corporation Bhd with 5.31% stake.
Read the rest of this great post here

4. Japanese bank has shot at buying stake in RHB Cap

The Star Online: Most Viewed: Business wrote an interesting post today onHere’s a quick excerptJapan’s Sumitomo Mitsui Banking Corp, a unit of Sumitomo Mitsui Financial Group Inc, is still in the running for a 5% stake in RHB Capital Bhd, the listed entity that owns RHB Bank Bhd.
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