DANAVEST

(Via Business Times) Malaysian funds will buy almost half the nearly US$3 billion of stock Maxis Communications Bhd is selling in the country’s biggest initial public offering, a person with knowledge of the matter said.
Local investors that will buy shares of Malaysia’s largest mobile-phone carrier include the nation’s biggest pension fund, the Employees Provident Fund, [...]

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Via The Edge
Written by Surin Murugiah & Darlene Liew
Sunday, 04 October 2009 23:34
KUALA LUMPUR: Unit trust fund product manufacturing and distribution must be kept separate to ensure that independent advice is given in an unbiased manner to help investors make informed choices, said AmInvestment Bank Group funds management division chief executive officer (CEO) Datin Maznah [...]

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Last Trade

Changes

DJIA

8539.73

6/19/2009

4:06pm

-15.87

-0.19%

FTSE

4276.86

6/22/2009

8:57am

-69.07

-1.61%

S&P500

921.23

6/19/2009

4:59pm

0

0.00%

HANG SENG

18059.551

6/22/2009

5:59am

138.62

0.77%

NASDAQ

1827.47

6/19/2009

5:15pm

0

0.00%

KLSE

1045.97

6/22/2009

5:18am

-13.53

-1.29%

NIKKEI

9826.27

6/22/2009

3:00am

40.01

0.41%

(The Edge) MEASAT Satellite Systems Sdn Bhd (MEASAT) today announced the successful lift-off of the LandLaunch launch vehicle from the Baikonur Cosmodrome, Kazakhstan carrying the MEASAT-3a satellite into orbit.
(The Edge) Malaysian Airline System Bhd (MAS), which posted its first operating loss in 2 1/2 years in the first quarter, does not have any [...]

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(The Edge) Selangor government officials are meeting the state’s four water concessionaires, looking to make renewed offers for their assets, sources said. The Edge Financial Daily has learnt that state officials met representatives of water treatment company Konsortium Abass Sdn Bhd yesterday, and were slated to meet the top brass of another water treatment company [...]

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(The Edge) Speculation has been rife that Maxis Communications Bhd would be relisted either on the local bourse or overseas, and yesterday a local brokerage house reported that it may be done via its injection into Astro All Asia Networks plc, a sister firm in tycoon T Ananda Krishnan’s stable of companies.
(The Edge) Crude palm [...]

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KUALA LUMPUR, June 2 (Bernama) — OSK-UOB Unit Trust Management Bhd has increased the size of its OSK-UOB Big Cap China Enterprise Fund to 900 million units due to strong demand from investors.
“This increase is again required to meet the steady and constant stream of applications for its units”, its chief executive officer Ho Seng [...]

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PUBLIC Bank Bhd, Malaysia’s third-biggest bank, fell the most in two weeks in Kuala Lumpur trading after saying it plans to raise as much as RM5 billion (US$1.4 billion) in capital, more than analysts expected.
The stock dropped as much as 4.1 per cent to RM7.1, but recovered somewhat to close midday session at RM7.25.
The Kuala [...]

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