Tenaga(5347), construction & tourism players are expected to be in focus following the gov’s decision to not increase electricity tariff this year, while at the same time keeping the country’s major infrastructure projects on schedule, as well as boosting the tourism sector with various measures, including waiver of visa fees for tourists from China. 📌 LDP.RM14.40 Iris(0010) said it is forming a JV with Technology Park Malaysia Corporation SB, to jointly develop a residential project on a piece of land in Phase 3 TPM Bukit Jalil. 📌 LDP.RM0.305 REDtone(0032) profit for 2QFY15 fall by 12.4% to RM5.29m due to the absence of a gain on disposal of its 35% shareholding in REDtone Mobile SB. Revenue for 2QFY15 rose 47.1% to RM44.8m due to higher data project revenue. 📌 LDP.RM0.74 Brahim(9474) is confident on continuing its 25-year in-flight catering concession with Malaysia Airline Bhd (MAB), the new entity that has been established to replace MAS. 📌 LDP.RM1.33 AxREIT’s (5106) assets under management has surpassed the RM2bn mark for the 1st time, and the group is now targeting RM3bn. 📌 LDP.RM3.52 CLIQ’s (5234) INED, Julian Suresh Candiah, has increased his direct interest in the O&G SPAC to 3.24%, from 3.06% previously. 📌 LDP.RM0.65 LBS(5789) has tightened its grip in MLGlobal, after acquiring a total of 561,800 shares in the latter, via 4 open mkt transactions last week. 📌 LDP.RM1.65 MediaC (5040) has denied rumours it will undergo a drastic consolidation plan involving its four daily newspaper titles in Msia, namely Sin Chew Daily, China Press, Nanyang Siang Pau & Guang Ming Daily. 📌 LDP.RM0.585 CMMT(5180) has announced a distribution per unit (DPU) of 2.26 sen for 4Q2014, which is 0.9% higher than the DPU of 2.24 sen for the previous corresponding quarter. 📌 LDP.RM1.44 Gunung(7676) fell 6 sen (7.14%) to close at 78 sen, following the gov’s announcement that the 2015 National Service Training Programme will be stopped this year to save RM400m. 📌 LDP.RM0.78 Source: The Edge Markets
Posted on: Wed, 21 Jan 2015 01:12:51 +0000
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