NST Online Business Times : latest
NST Online Business Times : latest |
| AirAsia X IPO put on hold: CEO Posted: 28 Sep 2011 06:27 PM PDT AirAsia X Sdn Bhd, the long-haul arm of Malaysian budget carrier AirAsia Bhd, has put its planned stock market listing on hold pending a potential stake sale to state investment company Khazanah Nasional Bhd, Chief Executive Officer Azran Osman Rani said in a Bloomberg TV interview. - Bloomberg |
| Auto stocks fall on car sector downgrade Posted: 28 Sep 2011 06:41 PM PDT Malaysian auto stocks, led by DRB- Hicom Holdings Bhd, fell in Kuala Lumpur trading after RHB Captial Bhd downgraded the industry to "underweight" from "neutral". DRB dropped 2.2 percent to RM1.78 at 9:30 a.m. local time, while UMW Holdings Bhd declined 1.3 percent to RM6.61, set for its lowest close since Sept. 17. -- Bloomberg
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