Budget day. With our Prime Minister unveiling the Budget on Friday, the FBM KLCI was down by 6.52 points to close at 1,489.86 on profit taking on key heavyweights such as BAT, Digi and Maybank. Khazanah Nasional Bhd and EPF offered a cash offer for the assets and liabilities of PLUS Expressway Bhd at RM23bn or the equivalent of RM4.60/share. Technip SA will pay RM496.1m or RM3.876/share for a 8% stake in MHB. Bina Puri Holdings Bhd is expanding its exposure in electricity-generation projects overseas in countries like Indonesia and Nepal to establish a larger recurring income base. Finally, the US market ended mix with the weakness in the banking sector offset by strong technology shares. Crude oil price however was lower by USD1.44 to close at USD81.25 per barrel.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago