Thursday, May 23, 2013

(BFW) MALAYSIA DAYBOOK: AirAsia, Axiata, IHH, JCY, KL Kepong, Maybank

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MALAYSIA DAYBOOK: AirAsia, Axiata, IHH, JCY, KL Kepong, Maybank
2013-05-22 21:55:50.366 GMT


By Barry Porter
May 23 (Bloomberg) -- AirAsia Bhd. (AIRA MK) reported its
first drop in profit in five quarters as higher fuel and finance
costs eroded gains from carrying more passengers.
Net income fell 39 percent to 104.8 million ringgit ($35
million) in the three months ended March 31, the Sepang-based
airline said in a statement. Revenue climbed 11 percent to 1.30
billion ringgit.


EQUITY MOVERS:
* Aeon (AEON MK): 1Q net 51.1m ringgit vs 37.6m ringgit Y/y
* Axiata (AXIATA MK): 1Q net 614.6m ringgit vs 565.6m rgt Y/y
* Batu Kawan (BAK MK): 2Q net 108.9m ringgit vs 112.1m rgt Y/y
* Boon Koon (BOKG MK): Prices rights at 20 sen each, 4.8%
discount to recent mkt price
* Cahya Mata (CMS MK): 1Q net 28.7m ringgit vs 31.3m rgt Y/y
* Crest Building (CBH MK): 1Q net 6.5m ringgit vs 5m rgt Y/y
* Dayang Enterprise (DEHB MK): 1Q net 58.4m ringgit vs 6.9m
ringgit Y/y
* Genetec Technology (GENE MK): Wins 31.1m ringgit of new
contracts
* Hua Yang (HYB MK): 4Q net 17m ringgit vs 13m ringgit Y/y
* Ideal Jacobs (IDJ MK): To sell and leaseback factory in
Xiamen, China, until new facility constructed in 2 yrs
* Ingress (INGC MK): Takeover offer at 1.85 ringgit/shr
extended to June 11
* JCY International (JCYH MK): 2Q net loss 20.8m ringgit vs
net income of 163.1m ringgit Y/y
* Kian Joo (KJC MK): Sets June 20 ex-date for 3.75 sen/shr
special dividend, 2.5 sen/shr final dividend
* KL Kepong (KLK MK): 2Q net 209.7m ringgit vs 214.9m ringgit
Y/y, dividend remains 15 sen/shr
* Kulim (KUL MK): 1Q net 345.5m ringgit vs 68.7m ringgit Y/y
* Lafarge Malayan Cement (LMC MK): 1Q net 54.3m ringgit vs
64.8m ringgit Y/y
* QL Resources (QLG MK): 4Q net 32.1m ringgit vs 31.2m rgt Y/y
* Star (STAR MK): 1Q net 26.1m ringgit vs 32.5m ringgit Y/y
* Syarikat Takaful (STMB MK): 1Q net 32.2m ringgit vs 31m
ringgit Y/y
* Uzma (UZMA MK): 1Q net 8.9m ringgit vs 4.7m ringgit Y/y
* WCT (WCT MK): 1Q net 43.2m ringgit vs 40m ringgit Y/y
* Yinson (YNS MK): Plans private placement to raise about
56.5m ringgit


WHAT TO WATCH:
* 12pm: Axiata (AXIATA MK) briefing after AGM
* After 12:30pm: Maybank (MAY MK) earnings expected
* After 5pm: IHH Healthcare (IHH MK) earnings expected
* Candidates can start disputing results on May 5 general
election for 21 days from today, Election Commission says


MARKETS:
* Malaysia's FTSE Bursa Malaysia KLCI Index fell 0.2%
* The MSCI Asia Pacific Index dropped 0.5%
* The Dow Jones Industrial Average lost 0.5%
* Palm oil August-delivery futures advanced 1%

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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