JCY: JCY International Bhd is in the midst of courting one of the world's leading electrical and electronic (E&E) companies from Japan as its new client. In its financial year 2010, the company had secured contracts to supply hard disk drive (HDD) mechanical components to two new major customers in the E&E industry from Japan and South Korea .
1.88 (CIMB), 0.94 ( Alliance ), 1.90 (UBS), 1.31 (RHB), 0.85 (OSK)
TRC Synergy: TRC is one of few West Malaysian-based contractors licensed to bid for state-funded projects in Sarawak . It is in the final stages of clinching four packages in the Sarawak Corridor of Renewable Energy (Score) worth about RM500 million out of RM1.5 billion outstanding bids. TRC has also bid for Phase 2 of the LRT extensions worth about RM2.2 billion, where it hopes to leverage on its lower mobilisation fees and machinery costs with the first phase already in hand. The tender has closed mid-March 2011 with possible award in June 2011. TRC’s 26% stake in PetroBru (B) Sdn Bhd may bear fruit soon. Project approval is pending a revised blueprint for Pulau Muara Besar, Brunei , where the refinery will be built. Investor interest in the refinery is also rising, which should lend weight to an official approval by the Brunei government. This will pave the way for about RM2 billion worth of infrastructure and reclamation works on the island and US$4.3 billion (RM13 billion) to construct the refinery.
2.25 (HDBS), 1.80 (RHB)
MEGB: Its key re-rating catalysts are more affirmative indications in relation to PTPTN’s loan allocation and the potential approval of courses at its new Kuching campus.
4.90 (HDBS), 2.47 ( Alliance ), 3.44 (OSK), 4.48 (CIMB)
Showing posts with label MEGB. Show all posts
Showing posts with label MEGB. Show all posts
Thursday, September 8, 2011
Sunday, August 14, 2011
JIT News - POS,Ramunia,MEGB,Star,MBSB,IGB/KrissAssets .... 21/2/2011
POS: Khazanah has entered into the second stage of the divestment process of its 32.21% stake in POS, starting with the restricted tender process for bidders.
DRB-Hicom,SapCrest,Ekuinas,Scomi Group,Konsortium …
Ramunia is in talks with Coral Allinace Sdn Bhd (Linked to BLD) – believed to be linked to Tengku Ibrahim Petra and Robert Lee, former director of Petra Energy Bhd – for a possible synergistic tie up or even an acquisition of the latter … through the issuance of shares. A JV or an acquisition of Coral Alliance by Ramunia will benefit the latter as Coral Alliance is said to be the fronrunner for a hook up and topside maintenance contract from Petronas.
MEGB: Masterskill Education Group Bhd group chief executive officer Datuk Seri Edmund Santhara is considering to up his stake in the group. Anything below RM2 doesn't justify keeping the company listed.
AHB: Speculation that AHB is bringing in a financially strong white knight to implement the compensation scheme the next course of action that the minorities shareholders have in mind.
Star: Star Publications’ cash pile will shrink substantially after paying the hefty special dividend that it declared in Oct 2010. There has been market talk Star is likely to raise rm600 million to rm700 million.
MBSB: The rights issue proposed by MBSB means its major shareholders, the EPF is prepared to pump in more money into MBSB. That being the case, it would to a large extent halt speculation that the EPF is divesting its stake in MBSB. Such speculation should not come as a surprise as the EPF controlled MBSB has improve its performance in recent years. But with further upside anticipated, why would the EPF want to sell a stake in MBSB at this juncture?
IGB/KrisAssets: IGB is a big winner in this deal than its 2 75% owned subsidiary KrisAssets. The reasoning is that IGB is unlocking the value of its asset and will be cash rich with the proposed sale. Essentially, IGB is transferring the weight of the Gardens Mall off its balance sheet to KrisAssets. The proceeds would also come in handy to speed up the group’s asset acquisition or expansion plan – where it has been fairly quiet over the past few years – apart from fuelling investor expectations of a bumper dividend. IGB will still have exposure to the steadily growing cash flow of Gardens Mall via its 75% stake in KrisAssets.
DRB-Hicom,SapCrest,Ekuinas,Scomi Group,Konsortium …
Ramunia is in talks with Coral Allinace Sdn Bhd (Linked to BLD) – believed to be linked to Tengku Ibrahim Petra and Robert Lee, former director of Petra Energy Bhd – for a possible synergistic tie up or even an acquisition of the latter … through the issuance of shares. A JV or an acquisition of Coral Alliance by Ramunia will benefit the latter as Coral Alliance is said to be the fronrunner for a hook up and topside maintenance contract from Petronas.
MEGB: Masterskill Education Group Bhd group chief executive officer Datuk Seri Edmund Santhara is considering to up his stake in the group. Anything below RM2 doesn't justify keeping the company listed.
AHB: Speculation that AHB is bringing in a financially strong white knight to implement the compensation scheme the next course of action that the minorities shareholders have in mind.
Star: Star Publications’ cash pile will shrink substantially after paying the hefty special dividend that it declared in Oct 2010. There has been market talk Star is likely to raise rm600 million to rm700 million.
MBSB: The rights issue proposed by MBSB means its major shareholders, the EPF is prepared to pump in more money into MBSB. That being the case, it would to a large extent halt speculation that the EPF is divesting its stake in MBSB. Such speculation should not come as a surprise as the EPF controlled MBSB has improve its performance in recent years. But with further upside anticipated, why would the EPF want to sell a stake in MBSB at this juncture?
IGB/KrisAssets: IGB is a big winner in this deal than its 2 75% owned subsidiary KrisAssets. The reasoning is that IGB is unlocking the value of its asset and will be cash rich with the proposed sale. Essentially, IGB is transferring the weight of the Gardens Mall off its balance sheet to KrisAssets. The proceeds would also come in handy to speed up the group’s asset acquisition or expansion plan – where it has been fairly quiet over the past few years – apart from fuelling investor expectations of a bumper dividend. IGB will still have exposure to the steadily growing cash flow of Gardens Mall via its 75% stake in KrisAssets.
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