NST Online Business Times : latest
NST Online Business Times : latest |
| WTK cut to 'market perform', stock falls Posted: 06 Oct 2011 07:08 PM PDT WTK Holdings Bhd, a timber producer, fell 1.7 percent to RM1.15. The stock was cut to "market perform" from "outperform" at RHB Capital Bhd to reflect concern that a recovery in Japan's housing starts will falter and the prospect of lower plywood prices. -- Bloomberg  |
| CIMB jumps on San Miguel talks Posted: 06 Oct 2011 06:21 PM PDT CIMB Group Holdings Bhd rose to a one-month high after the Malaysian banking group said it's in talks with San Miguel Corp (SMC PM) for a possible acquisition of a stake in Bank of Commerce in the Philippines. CIMB climbed 1 percent to RM7.13 at 9:08 a.m. local time in Kuala Lumpur, set for its highest close since Sept. 9. -- Bloomberg |
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