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Tenaga downgraded to 'neutral' at OSK Posted: 25 May 2011 06:04 PM PDT Tenaga Nasional Bhd, Malaysia's biggest power utility, had its stock rating downgraded at OSK Research Sdn Bhd after the government held off raising electricity prices. The stock was cut to "neutral" from "buy," analyst Chris Eng wrote in a report today. The stock's fair value was kept at RM7.03. -- Bloomberg Full Feed Generated by Get Full RSS, sponsored by USA Best Price.

IOI gets more time to address allegations Posted: 25 May 2011 06:50 PM PDT IOI Corp, Malaysia's second-biggest listed palm oil producer, will have more time to address issues related to allegations of illegal deforestation and disputes over land, an industry group said. "There has been considerable progress in the past 21 days with regards to interaction between involved parties," the Roundtable on Sustainable Palm Oil said on its website. The deadline for IOI to resolve the issues was yesterday. -- Bloomberg Full Feed Generated by Get Full RSS, sponsored by USA Best Price.

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