Ahad, 2 Oktober 2011

NST Online Business Times : latest


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NST Online Business Times : latest


MAS fair value cut, stock declines

Posted: 02 Oct 2011 06:20 PM PDT

Malaysian Airline System Bhd, the national carrier, fell 1.5 percent in Kuala Lumpur trading after OSK Holdings Bhd cut its fair value for the stock to RM1.15.

Its shares dropped to RM1.31 at 9:16 a.m. local time, set for their lowest close since Sept. 26. -- Bloomberg

Kim Loong jumps after tripling Q2 profit

Posted: 02 Oct 2011 06:39 PM PDT

Kim Loong Resources Bhd, a Malaysian palm oil and cocoa producer, rose the most in two months after it said fiscal second-quarter profit almost tripled to RM33.3 million.

The stock climbed 2.6 percent to RM2.01 at 9:31 a.m. local time, set for its steepest gain since July 27. -- Bloomberg

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