Tuesday, May 28, 2013

(BFW) MALAYSIA DAYBOOK: Petronas Chemicals, Parkson, MPHB, Matrix, DVM

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

MALAYSIA DAYBOOK: Petronas Chemicals, Parkson, MPHB, Matrix, DVM
2013-05-27 21:22:51.47 GMT


(To be sent this Daybook daily: SALT MYDAYBOOK)

By Elffie Chew and Chong Pooi Koon
May 28 (Bloomberg) -- Petronas Chemicals Bhd. (PCHEM MK),
Malaysia's sixth-biggest company by market value, reported an 8
percent rise in first-quarter net profit to 1.11 billion ringgit
($365 million) on revenue of 4.46 billion ringgit, according to
a filing to the stock exchange yesterday.
The petrochemicals arm of Malaysia's state-owned oil and
gas group Petroliam Nasional Bhd., attributed the profit
increase to improved margins arising from higher product prices
and lower feedstock costs.

EQUITY MOVERS:
* Dayang (DEHB MK): Wins 5-yr contract from Petronas Carigali
to provide hook-up, commissioning and topside major
maintenance services
* DVM (DVM MK): Trades ex-rights June 6; proposes 4 rights
shares with 3 warrants for every 2 shares held
* Ekovest(EKO MK): 3Q net declines to 8.6m ringgit from 21.1m
ringgit yr earlier
* Grand-Flo (GFLO MK): 1Q net rises to 4.4m ringgit from 2.2m
ringgit yr earlier
* Goodway (GII MK): Agrees to buy factory buildings in Sabah
for 16.4m ringgit reserve price
* GW Plastics (GWPB MK): 1Q net income jumps to 72.6m ringgit
from 5.2m ringgit yr ago
* KUB (KUBM MK): Reports 1Q net profit of 589,000 ringgit vs
loss of 4.1m ringgit yr earlier
* Lay Hong (LAY MK): 4Q loss 5.2m ringgit vs net profit of
4.9m ringgit yr earlier
* Muar Ban Lee (MBL MK): 1Q net income drops to 2.7m ringgit
from 6.5m ringgit yr ago
* Multi-Purpose (MPU MK): 1Q net surges to 149.4m ringgit from
83.7m ringgit yr earlier
* Naim (NHB MK): 1Q net surges to 41.2m ringgit from 16.1m
ringgit yr ago
* Parkson (PKS MK): 3Q net profit falls to 76.9m ringgit from
102.4m ringgit yr earlier; declares 8 sen/share interim
dividend vs 6 sen
* Pasdec (PSD MK): 1Q net drops to 239,000 ringgit from 9.5m
ringgit yr earlier
* Permaju (PERM MK): Reports 1Q net loss of 2.8m ringgit vs
profit of 565,000 ringgit yr earlier
* SapuraKencana (SAKP MK): Unit gets contract from ExxonMobil
Exploration and Production Malaysia Inc valued at between
300m and 500m ringgit
* Ta Win (TWH MK): 1Q net 166,000 ringgit vs loss of 4.6m
ringgit yr ago


WHAT TO WATCH:
* Matrix Concepts (MCH MK) shares to debut
* Gatehouse Bank opens representative office
* Hap Seng (HAP MK) to hold annual shareholders' meeting


MARKETS:
* Malaysia's FTSE Bursa Malaysia KLCI Index fell 0.3 percent
* The MSCI Asia Pacific Index lost 1.3 percent
* The Dow Jones Industrial Average closed for holiday
* Palm oil August-delivery futures gained 0.4 percent


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 reporters on this story:
Elffie Chew in Kuala Lumpur at +60-3-2302-7857 or
echew16@bloomberg.net
Chong Pooi Koon in Kuala Lumpur at +60-3-2302-7854 or
chong17@bloomberg.net

To contact the editor responsible for this story:
Barry Porter at +60-3-2302-7865 or
bporter10@bloomberg.net

Reactions:

0 comments:

Post a Comment

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