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KLSE News: 12 Nov 2014 – Puncak Niaga has set aside RM534m, or 34% of total RM1.6bn cash proceeds from divesting PNSB and Syabas…

Puncak Niaga has set aside RM534m, or 34% of total RM1.6bn cash proceeds from divesting PNSB and Syabas, to be distributed to shareholders as special dividends. This translates to RM1/share. The water takeover deal by Air Selangor (subsidiary of KDEB) is expected to be completed in 60 days. (BMSB) Genting Bhd’s 52%-owned subsidiary, Genting Singapore […]

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KLSE News 11 Nov 2014 – Palm oil stockpiles in Malaysia climbed to the highest level since February 2013…

Palm oil stockpiles in Malaysia climbed to the highest level since February 2013 as production fell less than predicted by analysts and traders. Reserves rose 3.7% to 2.17m metric tons in October from a month earlier while output slid 0.2% to 1.89m tons. (Bloomberg) The merger of RHB Islamic Bank, Malaysia Building Society Bhd and […]

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