Research
(HLGeBIZ) - 13-Jul-07Newsbreak
Primus Pacific Partners receives green light to start talks with EONCap after proposing RM9.25-RM9.50 per share.
Government no longer impose restrictions on Asean car imports under AFTA.
Former Transmile CEO, top officials charged.
Sources say UEM Builder to name China firm as the main contractor for second Penang bridge costing RM2.97bn.
MAS to focus on rural service to Sabah and Sarawak starting on Oct 1; MAS in agreement with Saudi government to operate 56 Haj flights this year.
Welli Multi aims to sell halal items to OIC countries; may invest RM450m in gelatin production within the next 3 years.
Genting’s stake in Resorts World diluted to below 50% due to conversion of its exchangeable and convertible notes.
Hexagon in strategic alliance with Chinese firm to provide “total retail solutions”.
Airasia has no interest in Virgin stake.
Digi denies talks with TimedotCom.
RM8.97bn Gamuda, MMC northern rail link project to start in 2008
MBSB plans to sell 3 pieces of property in Sg.Buloh for RM38m.
Economics
US: Trade deficit widened despite record exports; initial jobless claims fell to 2-month low
EU: EC revised 4Q07 growth higher; ECB said interest rates remain
accommodative
UK: RICS house price balance fell more than expected to 10.6%
Japan: BOJ kept rates unchanged at 0.5% as expected
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