Thursday, November 1, 2012

MALAYSIA DAYBOOK: Malaysian Debt, Chin Teck, IGB,

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MALAYSIA DAYBOOK: Malaysian Debt, Chin Teck, IGB, Quill, Tenaga
2012-10-31 20:41:31.334 GMT


By Gan Yen Kuan
Nov. 1 (Bloomberg) -- Foreign investors boosted holdings of
Malaysian local-currency debt by 7.8 percent in September from a
month earlier to a record 215.5 billion ringgit ($70.7 billion),
according to data published on the central bank's website
yesterday.
The value of ringgit-denominated bonds held by global funds
rose 29 percent from the same month in 2011 and surpassed the
previous all-time high of 199.96 billion ringgit reached at the
end of August, Bank Negara said. That's the fourth monthly
increase.


EQUITY MOVERS:
* Chin Teck Plantations (CTP MK): 4Q net income falls to 14.6m
ringgit from 21.8m ringgit yr earlier
* Concrete Engineering Products (CEP MK): 4Q net loss widens
to 5.4m ringgit vs 4.7m ringgit Y/y
* Dijaya (DJC MK): To sell land in Selangor state for 106.4m
ringgit; net gain from disposal ~38m ringgit
* DPS Resources (DPS MK): To sell DPS Industries unit for
16.1m ringgit; expected gain from disposal ~6.8m ringgit
* ETI Tech (ETIT MK): Reports 4Q net loss of 8.3m ringgit vs
profit of 1.3m ringgit yr ago
* IGB (IGB MK): Consortium consisting of IGB, its unit Mid
Valley City Sdn. and Taipei Gateway International
Development Co. hasn't signed agreement for development
project in Taipei; subject to further negotiations with city
govt
* Latitude Tree (LATI MK): Proposes tax-exempt dividend of 3
sen/shr
* Quill Capita Trust (QUIL MK): 3Q earnings 9.3m ringgit vs
9.4m ringgit Y/y
* Tenaga (TNB MK): Reports 4Q net income of 1b ringgit vs
restated net loss of 338.6m ringgit yr earlier
* XOX (XOX MK): Restates loss after taxation and minority
interest for Jan. 1, 2011 to June 30, 2012 period to 20.7m
ringgit vs 24.5m ringgit announced in August


WHAT TO WATCH:
* Japan's Aeon Co. close to agreement to buy Carrefour SA's
Malaysian operations, according to two people familiar with
matter
* Aeon's Asean Business Vice-President and CEO Nagahisa Oyama
to hold press conference in Kuala Lumpur at 11 a.m.
* CIMB Islamic CEO Badlisyah Abdul Ghani to share plans for
Halfest 2013 in Kuala Lumpur at 10:30 a.m.


MARKETS:
* FTSE Bursa Malaysia KLCI Index fell 0.1%
* The MSCI Asia Pacific Index rose 0.7%
* The Dow Jones Industrial Average was little changed
* Palm oil Jan-delivery futures dropped 0.2%

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