KLCI retreats in line with subdued global markets

22h theedgemarkets
KUALA LUMPUR (July 20): The FBM KLCI retreated in early trade Friday, in line with the subdued regional markets and overnight fall at Wall Street and European bourses.
3026 4162 5225 7113 BATS GEBHF IHHHF Q0F TGLVY TPGVF

Trading ideas: BAT, CIMB, Serba Dinamik, WZ Satu

23h thestar.com.my
KUALA LUMPUR: British American Tobacco (M) Bhd (BAT), CIMB Group , Serba Dinamik Holdings Bhd and WZ Satu Bhd are among the stocks to watch on Friday, according to JF Apex Research.
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Fajarbaru aims for equal contribution from its ops

23h thestar.com.my
(from left) Fajarbaru Builder Group Bhd group executive director Datuk Seri Eric Kuan Khian Leng, Malayan Banking Bhd MD of Corporate Banking Michael Oh-Lau Chong Jin, Beulah International Pty. Ltd MD Chan Jia Heng and KHK Group of Companies MD Jo Jo Kong at the A$100mil project financing signing ceremony for Paragon Melbourne at St Regis Kuala Lumpur
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Maybank brand value up significantly to RM12.83bil

23h thestar.com.my
Maybank group president and CEO Datuk Abdul Farid Alias (pic) said that this achievement is a testament of the collective effort of the group’s employees in providing a consistent brand experience for customers around the world.
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BAT cuts dividend payout on lower Q2 earnings

2018-07-20 thestar.com.my
BAT said it remained concerned with legal volumes continuing to be impacted by the current high incidence of illegal cigarette trade. The outlook for the second half of 2018, BAT said, would be very much dependant on the recovery of the legal market.
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WZ Satu posts RM7.29mil net loss in Q3

2018-07-20 thestar.com.my
WZ Satu’s revenue fell 13.4% to RM122.94mil in the third quarter from RM141.91mil in the previous corresponding quarter.
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AirAsia seeks a return to Kota Kinabalu Airport Terminal 2

2018-07-20 thestar.com.my
KOTA KINABALU: AirAsia Group Bhd is confident that the government will consider its proposal to return its operations to Terminal 2 of the Kota Kinabalu International Airport (KKIA), which the low-cost airline operator reluctantly left about two years ago.
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AirAsia X orders 100 A330neo jets from Airbus for RM122bil

2018-07-19 thestar.com.my
AirAsia Group CEO and AirAsia X Co-Group CEO Tan Sri Tony Fernandes speaks during a press conference to announce the purchase of 100 A330neo aircrafts. With him are (from left) AirAsia X Indonesia CEO captain Sulistyo Nugroho Hanung, AirAsia X Thailand CEO, Nadda Buranasiri, AirAsia X Malaysia CEO Benyamin Ismail and AirAsia Group CEO Indonesia Dendy Kurniawan. - GLENN GUAN/The Star
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KLCI seen consolidating gains, tracking mixed global markets.

2018-07-19 theedgemarkets
KUALA LUMPUR (July 20): The FBM KLCI is seen consolidating its gains around the 1,750-point level today, against the backdrop of mixed equity markets around the world.
1023 3662 4162 5238 7245 BATS CIMDF

Farnborough Airshow Day 4: Widebody Dominance

2018-07-19 seekingalpha
The aerospace industry tends to be a relatively closed one, making it relatively difficult to analyze and understand. That comes on top of the complexity of the industry. For investors without in-depth knowledge, this makes the industry somewhat difficult to invest in, but there certainly are moments where the jet makers such as Boeing (NYSE:BA) and Airbus (OTCPK:EADSF) become somewhat more transparent.
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Boeing, Airbus Announce 1,100 New Orders at Farnborough

2018-07-19 247wallst
The Farnborough Airshow wrapped up Thursday, and both Boeing Co. (NYSE: BA) and Airbus are exclaiming over the number of new orders that were announced during the show. In terms of sheer numbers, Boeing announced a total of 673 new orders, while Airbus claimed 431. That’s a total of 1,104 new commercial jets between the two companies.
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AirAsia, AirAsia X, APFT, BAT, CIMB, Malayan Flour Mills, PUC, Serba Dinamik and WZ Satu

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Based on corporate announcements and news flow today, companies that may be in focus on Friday (July 20) may include the following: AirAsia, AirAsia X, APFT, BAT, CIMB, Malayan Flour Mills, PUC, Serba Dinamik and WZ Satu.
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IHH wins race to take over Fortis

2018-07-19 freepressjournal.in
New Delhi : Fortis Healthcare board on Friday approved Rs 4,000-crore offer from Malaysia’s IHH Healthcare for 31.1 per cent stake in it, valuing the cash-strapped firm at Rs 8,880 crore thus ending months of takeover battle. (1-0)
5225 532843 FORTIS FTS IHHHF Q0F

Fortis stake sale to IHH faces roadblock

2018-07-19 freepressjournal.in
New Delhi : In a move that could delay its stake sale to IHH Healthcare, the Delhi High Court on Wednesday issued a notice to Fortis Healthcare on the proposed transaction and asked the company to file a reply within four weeks.
5225 532843 FORTIS IHHHF Q0F

AirAsia announces $30billion deal for 100 Airbus planes

2018-07-19 moneycontrol
Malaysian budget airline AirAsia today announced an additional order of 34 Airbus A330neo planes, bringing the total value of its expanded 100-plane order to $30 billion as it sets its sights on European routes.
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AirAsia, Airbus in talks to develop industrial aero centre in Malaysia

2018-07-19 theedgemarkets
SEPANG (July 19): AirAsia and Airbus are in discussions to develop an industrial aeronautical centre in Malaysia following AirAsia X’s confirmation at the Farnborough Air Show in the UK that it would purchase 100 Airbus A330neo, making the budget carrier the largest customer of the aircraft model.
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AirAsia X confirms order of additional 34 A330neos, bringing backlog to 100

2018-07-19 theedgemarkets
SEPANG (July 19): AirAsia X Group has finally agreed to acquire another 34 Airbus A330neo widebody aircraft in addition to 66 units ordered back in 2016.
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Fortis EGM on Aug 13 to seek shareholders nod for stake sale to IHH

2018-07-19 moneycontrol
Fortis Healthcare today said extra ordinary general meeting (EGM) of the company will be held on August 13 to seek shareholders nod for its acquisition by Malaysia's IHH Healthcare. Last week, Fortis Healthcare board had approved a Rs 4,000-crore offer from IHH Healthcare for 31.1 percent stake in it, valuing the cash-strapped firm at Rs 8,880 crore.
5225 532843 FORTIS IHHHF Q0F

Serba Dinamik clinches RM269mil Laos hydropower jobs, to acquire 15% in London-listed Green & Smart Holdings

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Serba Dinamik Holdings Bhd has secured an engineering, procurement, construction and commissioning (EPCC) contract to build two hydro power plants in Laos, which will have the capacity to generate 30 megawatt (MW) of electricity for US$66.2 million, equivalent to RM268.8 million.
1818 BSMAF LNSTY SMHS

APFT secures interim order against former executive chairman

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): The High Court has issued an interim order restraining APFT’s former executive chairman Datuk Faruk Othman from trading or dealing in the company’s shares or exercising his voting rights pending the full disposal of a suit brought by the aviation training firm against him.
1818 BSMAF

Price caps on domestic flights 'unnecessary', says AirAsia's Fernandes

2018-07-19 theedgemarkets
SEPANG (July 19): It is not necessary to put an airfare cap on domestic flights, said AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes.
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TDM’s unit Kuantan Medical Centre sued for negligence

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): TDM Bhd said its subsidiary Kuantan Medical Centre Sdn Bhd is being sued for alleged medical negligence.
1818 BSMAF

Fortis EGM on 13 August over stake sale to IHH

2018-07-19 livemint
New Delhi: Fortis Healthcare on Thursday said an extraordinary general meeting (EGM) of the company will be held on 13 August to seek shareholders’ nod for its acquisition by Malaysia’s IHH Healthcare.
5225 532843 FORTIS IHHHF Q0F

MFlour proposes to raise up to RM275 mil via rights issue of RCULS and shares

2018-07-19 theedgemarkets
KUALA LUMPUR (Jul 19): Malayan Flour Mills Bhd is making a cash call to raise up to RM275.1 million for the expansion of its poultry processing plant, construction of a new aqua feed milling plant, the extension of an existing jetty, as well as to pare down its revolving credit facilities.
3662

AirAsia announces $30bn deal for 100 Airbus planes

2018-07-19 sg.news.yahoo
Malaysian budget airline AirAsia Thursday announced an additional order of 34 Airbus A330neo planes, bringing the total value of its expanded 100-plane order to $30 billion as it sets its sights on European routes.
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AirAsia announces $30-billion deal for 100 Airbus planes

2018-07-19 bworldonline
Sepang, Malaysia — Malaysian budget airline AirAsia Thursday announced an additional order of 34 Airbus A330neo planes, bringing the total value of its expanded 100-plane order to $30 billion as it sets its sights on European routes.
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MAHB: Work to repair damaged fibre optic cable near RedQ underway

2018-07-19 malaymail
SEPANG, July 19 — Malaysia Airports Holdings Bhd (MAHB) said one of its contractors, who was appointed to carry out rectification work to a water pipe near AirAsia’s new office, RedQuarters (RedQ), had accidentally damaged a fibre optic cable.
5014 MYPRY

AirAsia X orders 34 more A330neo jets

2018-07-19 theedgemarkets

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MAHB to probe contractor for accidentally damaging AirAsia's internet cable

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Malaysia Airports Holdings Bhd (MAHB) said it will be launching an investigation on its contractor doing rectification works to the water pipe supply near AirAsia Group Bhd's headquarters, which accidentally caused damage to the fibre optic cable at noon today.
5014 MYPRY

Nexgram embarks on internal restructuring to streamline businesses

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Nexgram Holdings Bhd has embarked upon an internal corporate restructuring (ICR) of its wholly-owned subsidiary Nexgram Land Sdn Bhd and its group of companies to enable a more efficient administration of the organisation.
0096 1818 BSMAF

Alcom MD Lee Chee Khoon resigns to focus on property projects

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Aluminium Co of Malaysia Bhd's (Alcom) group managing director Datuk Lim Chee Khoon has stepped down from his position effective today.
1818 BSMAF

Green Ocean sees RM3.3m surplus from revaluation of land

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Green Ocean Corp Bhd said it saw a surplus of RM3.3 million from the revaluation of its industrial land in Klang.
1818 BSMAF

WZ Satu slips into the red as key segments suffer losses

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): WZ Satu Bhd swung into a net loss of RM7.29 million for the third quarter ended May 31, 2018 (3QFY18) compared to a net profit of RM8.03 million a year ago, after key segments reported losses.
1818 7245 BSMAF

BAT 2Q net profit down 21%, declares 35 sen dividend

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Owing to the market contraction, British American Tobacco (Malaysia) Bhd registered a 21.07% drop in net profit to RM113.72 million for the second quarter ended June 30.
4162 BATS

FBM KLCI rises as Bursa construction stocks lift sentiment

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): The FBM KLCI gained 6.17 points or 0.35% after foreign investors became net buyers of Malaysian shares and as Bursa Malaysia construction stocks rose.
1155 1589 1818 BSMAF MLYBY MLYNF

AirAsia expands Airbus A330neo order

2018-07-19 reuters
FARNBOROUGH, England, July 19 (Reuters) - AirAsia Group expanded an order for A330neo passenger jets, adding 34 aircraft to an existing order to bring the total to 100 long-haul wide-body jets worth $30 billion at list prices.
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AirAsia X orders 100 Airbus A330neo

2018-07-19 thestar.com.my

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AirAsia expands Airbus A330neo order

2018-07-19 reuters
FARNBOROUGH, England (Reuters) - AirAsia Group expanded an order for A330neo passenger jets, adding 34 aircraft to an existing order to bring the total to 100 long-haul wide-body jets worth $30 billion at list prices.
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Media Prima partners regional OTT Viu for same-day airing

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Media Prima Television Networks (MPTN) is partnering Viu, the leading over-the-top (OTT) video service spanning Asia and the Middle East, to broadcast three Viu Originals screening in Malaysia in 2018.
4502 MIAHF

Construction, property stocks rebound on news HSR project 'may come back'

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Construction and property stocks have rebounded amid increasing likelihood that the Kuala Lumpur-Singapore High Speed Rail (HSR) project is only deferred and not cancelled.
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Bursa Malaysia closes higher

2018-07-19 malaymail
KUALA LUMPUR, July 19 ― Bursa Malaysia closed higher today for the ninth consecutive day with small-capitalised (cap) as well as mid-sized cap conventional and shariah-related stocks being the flavour of the day among traders, amid mixed regional bourses’ performance, said a dealer.
1295 1589 1818 5819 9334 BSMAF PBLOF

BAT cuts payout as 2Q net profit tumbles

2018-07-19 thestar.com.my
KUALA LUMPUR: British American Tobacco (M) Bhd (BAT) has slashed its dividend payout after net profit in the second quarter fell by more than a fifth on lower sales.
4162 BATS

UPDATE 2-Malaysia's AirAsia set to confirm and expand Airbus A330neo order - sources

2018-07-19 reuters
FARNBOROUGH, England/KUALA LUMPUR (Reuters) - Malaysia’s AirAsia Group Bhd is set to confirm and expand an order for A330neo long-haul passenger jets, according to sources, handing European planemaker Airbus a last-minute boost at the Farnborough Airshow on Thursday.
5238 BA BOE

AirAsia to hold press conference on developing long-haul ops

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): AirAsia Group Bhd said it would hold a media event on Thursday in Kuala Lumpur for a major announcement related to developing long-haul operations.
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AirAsia confident govt will consider proposal to return to Terminal 2 KKIA

2018-07-19 theedgemarkets
KOTA KINABALU (July 19): AirAsia Group Bhd is confident that the government will consider its proposal to return its operation to Terminal 2 of the Kota Kinabalu International Airport (KKIA), which the low-cost airline operator reluctantly left about two years ago.
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Fajarbaru keen to expand property projects in Australia

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Fajarbaru Builder Group Bhd is on the lookout for more opportunities in the Australian property market following its acquisition in April of 98 shares or 49% of Australian property development company, Beulah Northcote Land Pty Ltd.
1155 7047 MLYBY MLYNF

IWCity jumps as Bandar Malaysia talk resurfaces

2018-07-19 theedgemarkets
KUALA LUMPUR (July 19): Iskandar Waterfront City Bhd (IWCity) shares surged as much as 28.5 sen or 50% to 85.5 sen, possibly in anticipation that IWCity's major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) may get a second chance to develop Bandar Malaysia.
1589 1818 BSMAF

AirAsia confident govt will consider proposal to return to Terminal 2 KKIA

2018-07-19 malaymail
KOTA KINABALU, July 19 — AirAsia Group Bhd is confident that the government will consider its proposal to return its operation to Terminal 2 of the Kota Kinabalu International Airport (KKIA), which the low-cost airline operator reluctantly left about two years ago.
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UPDATE 1-Malaysia's AirAsia to hold media conference on developing long-haul ops

2018-07-19 reuters
KUALA LUMPUR, July 19 (Reuters) - Malaysia’s AirAsia Group Bhd said it would hold a media event on Thursday in Kuala Lumpur for a major announcement related to developing long-haul operations.
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