NST Online Business Times : latest
NST Online Business Times : latest |
| Berjaya price estimate lowered at CIMB Posted: 20 Sep 2011 06:29 PM PDT Berjaya Corp fell to a one-year low after CIMB Group Holdings Bhd cut its share price estimate to reflect earnings dilution from a proposed rights offer of loan stocks. The stock slid 2.1 percent to 95.5 sen at 9:20 a.m. local time in Kuala Lumpur trading, set for its lowest close since Sept. 1, 2010. The share estimate was lowered to RM1.13 from RM1.42, CIMB wrote in a report today. |
| MISC's debt rating cut, stock slides Posted: 20 Sep 2011 06:27 PM PDT MISC Bhd, Malaysia's biggest shipping company, fell after its debt rating was cut one level to Baa1 by Moody's Investors Service because of spending plans and expected operating losses across different units. The stock slid 2.3 percent to RM6.72 at 9:14 a.m. local time in Kuala Lumpur trading. -- Bloomberg |
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