Tuesday, January 8, 2013

(BFW) MALAYSIA DAYBOOK: Exchange-Traded Bonds, AMMB Holdings, Sunway

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MALAYSIA DAYBOOK: Exchange-Traded Bonds, AMMB Holdings, Sunway
2013-01-07 20:42:06.282 GMT


(To be sent this Daybook daily: SALT MYDAYBOOK)

By Chong Pooi Koon
Jan. 8 (Bloomberg) -- Malaysia, Southeast Asia's biggest
local-currency bond market, will let retail investors fund Kuala
Lumpur's new subway when it starts marketing its first exchange-
traded notes to individuals.
Prime Minister Najib Razak will unveil details of the
issuance today during a presentation at Bursa Malaysia Bhd., the
exchange operator for the nation's stocks and bonds based in the
capital. DanaInfra Nasional Bhd., a state-owned company that's
financing the rail network, will kick off the offerings.

EQUITY MOVERS:
* AMMB Holdings (AMM MK): Buys remaining stakes in AmLife,
AmFamily for 245m ringgit
* Flonic Hi-Tec (FLON MK): Acquires 30% stake of Jiwa Holdings
for 3.8m ringgit
* Focus Lumber (FLB MK): Declares div. of 6 sen/shr
* Kumpulan Jetson (KJB MK): Gets 84m ringgit contract to
upgrade hotel in London
* Malaysia AE (MAE MK): Unit wins contract for 139.9m ringgit
* Salcon (SALC MK): Unit buys land in Johor for 99.7m ringgit;
to diversify into property development
* Sunway Bhd. (SWB MK): Gets 45m ringgit contract to build
part of Legoland in Malaysia
* Vitrox (VITRO MK): Declares interim div. of 1 sen/shr


WHAT TO WATCH:
* 9 a.m.: Top Glove (TOPG MK) to give briefing on 2013 outlook
after AGM


MARKETS:
* Malaysia's FTSE Bursa Malaysia KLCI Index was little changed
* The MSCI Asia Pacific Index dropped 0.3%
* The Dow Jones Industrial Average lost 0.3%
* Palm oil March-delivery futures fell 2%


For Related News and Information:
Most-read stories about Malaysia today: MNI MALAY 1D <GO>
Malaysian economic statistics: ECST MA <GO>
Malaysian economic forecasts: ECFC MYR <GO>
Malaysian interest rate forecasts: BYFC MYR <GO>
Malaysia's key overnight policy rate: MAOPRATE <INDEX> GP <GO>

--Editor:

To contact the editor responsible for this story:
Barry Porter in Kuala Lumpur at +603-2302-7865 or
bporter10@bloomberg.net

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