Finishing higher. The FBM KLCI rose 2.57 points to close at 1,336.65 supported by mild bargain hunting. Maxis Bhd plans to increase its household penetration in the East Coast to 80% by adding 50% more transmission sites, South Korea’s Honam Petrochemical has acquired a 72.3% stake in Titan Chemical for RM2.35 a share and will launch a MGO for the remaining shares in Titan while Bina Puri-UEMC JV has been appointed the main contractor for the construction of the new permanent LCCT complex at KLIA for a total contract value of RM997.2m and Signaland SB has extended an MGO to acquire all the ordinary shares in Southern Steel for RM2.05 per share. Finally, both the US markets and crude oil price fell on Friday as Bank of America and General Electric’s results missed estimates. Crude oil price was lower by USD0.61 at USD76.01/barrel.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
5 years ago