Wednesday, May 22, 2013

(BFW) MALAYSIA DAYBOOK: CIMB, Axiata, Bumi Armada, Dayang, Inflation

+------------------------------------------------------------------------------+

MALAYSIA DAYBOOK: CIMB, Axiata, Bumi Armada, Dayang, Inflation
2013-05-21 21:39:20.535 GMT


By Barry Porter
May 22 (Bloomberg) -- CIMB Group Holdings Bhd., Malaysia's
second-largest bank by assets, reported a 37 percent jump in
first-quarter profit that was boosted by the sale of its stake
in an insurance joint venture.
Net income surged to a record 1.39 billion ringgit ($460
million), or 18.65 sen per share, in the three months ended
March 31 from 1.01 billion ringgit, or 13.6 sen per share, a
year earlier, according to a stock exchange filing.

EQUITY MOVERS:
* Al-Aqar Healthcare REIT (AQAR MK): 1Q net 14m ringgit vs
12.5m ringgit Y/y
* Alliance Financial (AFG MK): 4Q net 138.8m ringgit vs 122.5m
ringgit Y/y
* Bumi Armada (BAB MK): 1Q net 109.7m ringgit vs 89.7m ringgit
Y/y
* Dayang Enterprise (DEHB MK): Wins 2b-ringgit contract from
Sarawak Shell and Sabah Shell Petroleum to provide hook-up
and topside maintenance for 5 yrs
* Green Packet (GRPB MK): 1Q net 19.8m ringgit vs 14.7m
ringgit Y/y
* GUH Holdings (GUH MK): 1Q net 6.2m ringgit vs 8.2m ringgit
Y/y
* Integrax (INTEG MK): 1Q net 10.2m ringgit vs 9m ringgit Y/y
* JT International (RJR MK): 1Q net 39.7m ringgit vs 37.7m
ringgit Y/y
* Kian Joo (KJC MK): 1Q net 30.4m ringgit vs 27.3m ringgit Y/y
* MK Land (MKL MK): 3Q net 13.4m ringgit vs 7.6m ringgit Y/y
* Mudajaya (MDJ MK): 1Q net 42.1m ringgit vs 74.2m ringgit Y/y
* Protasco (PRTA MK): Wins 37m-ringgit road upgrading contract
* SBC (SBC MK): In joint venture with Suria Capital (SURIA MK)
to develop land in Kota Kinabalu
* TDM (TDM MK): 1Q net 14.2m ringgit vs 17.7m ringgit Y/y
* TH Plantations (THP MK): Sets June 3 ex-date for bonus issue
* Tune Ins (TIH MK): 1Q net 13.9m ringgit vs 7m ringgit Y/y
* UMW (UMWH MK): Submits application to MITI for oil and gas
unit IPO

WHAT TO WATCH:
* 2Q earnings expected from KL Kepong (KLK MK)
* 1Q earnings expected from Axiata (AXIATA MK)
* 12pm: Petronas Chemicals (PCHEM MK) media briefing after AGM
* 5pm: April inflation data due; CPI expected to rise to 1.7%
in April from 1.6% in March, according to median estimate of
16 economists in survey by Bloomberg News

MARKETS:
* Malaysia's FTSE Bursa Malaysia KLCI Index rose 0.6%
* The MSCI Asia Pacific Index dropped 0.2%
* The Dow Jones Industrial Average gained 0.3%
* Palm oil August-delivery futures little changed

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

Reactions:

0 comments:

Post a Comment

Note: Only a member of this blog may post a comment.