Monday, May 20, 2013

(BFW) MALAYSIA DAYBOOK: Zecon, PPB, Allianz, Hap Seng, Pintaras Jaya

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MALAYSIA DAYBOOK: Zecon, PPB, Allianz, Hap Seng, Pintaras Jaya
2013-05-19 21:37:59.92 GMT

(To be sent this Daybook daily: SALT MYDAYBOOK)

By Liau Y-Sing
May 20 (Bloomberg) -- Engineering and property company
Zecon Bhd. has won an 83 million ringgit ($27.5 million)
contract from Sime Darby Property Bhd. to construct a commercial
building in Selangor state, near capital Kuala Lumpur, according
to a May 17 stock exchange filing.


EQUITY MOVERS:
* Allianz Malaysia (ALLZ MK): 1Q net income rises to 53.7m
ringgit from 53.0m ringgit yr earlier
* Focus Dynamics (FDTB MK): Special audit to be completed June
14
* Hap Seng (HAP MK): Sets up Singapore unit for credit
financing business
* PPB Group (PEP MK): 1Q net profit increases to 236.3m
ringgit from 178.5m ringgit yr ago
* Pacific & Orient (PO MK): South Africa's Sanlam completes
stake purchase
* Perdana Petroleum (PETR MK): Agrees to sell vessels for
$3.5m
* Petrol One (PORB MK): Halts share trading from May 22 until
further notice
* Pintaras Jaya (PINT MK): 3Q net profit jumps to 13.8m
ringgit from 8.9m ringgit yr ago


WHAT TO WATCH:
* Cargo surveyors ITS and SGS to release estimates of
Malaysian palm oil exports for May 1-20


MARKETS:
* Malaysia's FTSE Bursa Malaysia KLCI Index rose 0.1%.
* The MSCI Asia Pacific Index fell 0.4%
* The Dow Jones Industrial Average gained 0.8%
* Palm oil July-delivery futures climbed 0.8%.



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 reporter on this story:
Liau Y-Sing in Kuala Lumpur at +60-3-2302-7855 or
yliau@bloomberg.net


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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