NST Online Business Times : latest
NST Online Business Times : latest |
| M'sian Marine, UEM Land may join FBMKLCI Posted: 02 Jun 2011 06:13 PM PDT Malaysia Marine and Heavy Engineering Holdings Bhd and UEM Land Holdings Bhd are the most likely candidates to be added to the benchmark FTSE Bursa Malaysia KLCI Index when its mid-year review takes place on June 17, HwangDBS Vickers Research Sdn Bhd analyst Goh Yin Foo wrote in a report. Malaysia Marine had a market value of RM12.4 billion and UEM Land's was RM11.4 billion on May 31, said Goh. The index represents 30 of the Southeast Asian nation's largest listed companies that meet a range of criteria, including a free-float and liquidity test. Malaysian Airline System Bhd is likely to get dropped, along with soon-to-be-delisted PLUS Expressways Holdings Bhd, according to the report. -- Bloomberg |
| MMC a 'trading buy', stock climbs Posted: 02 Jun 2011 06:10 PM PDT MMC Corp, a Malaysian ports and power company, rose 1.5 per cent in Kuala Lumpur trading after OSK Research Sdn Bhd upgraded the stock to "trading buy" with a higher fair value of RM3.58. Its shares climbed to RM2.79 at 9:05 a.m. local time, set for their biggest gain since May 26. -- Bloomberg
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