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Archive for May, 2011

KLSE News: What’s on the Table – 31 May 2011

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1. Following the hike in electricity tariff by an average 7% effective tomorrow, earnings of steel millers and rubber glove makers will likely shrink in the next few months after the government raises electricity and natural gas tariffs. Tenaga Nasional Bhd (TNB) has been allowed to increase rates by as much as 2.23 sen per […]

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KLSE News: What’s on the Table – 30 May 2011

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1. Twenty companies have collected request for proposal (RFP) documents to partner Malaysia Airports Holdings Bhd (MAHB) to develop 50 acres near KLIA2 in Sepang. Due to the large number and requests from the companies interested to be developers, MAHB has extended the closing date of the RFP to July 4 from June 1. MAHB […]

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KLSE News: What’s on the Table – 27 May 2011

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1. A decision on the sale of the 25% stake held by Abu Dhabi Commercial Bank (ADCB) in RHB Capital Bhd is expected after a board meeting next week, sources said. The ADCB board is expected to meet on May 31, following which the shortlisted bidders, mostly foreign banks and private equity firms, will be […]

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