Closing marginally higher. The FBM KLCI closed marginally higher by 0.19 points to 1,485.42. Telekom Malaysia Bhd will focus on strengthening its wireless solution by growing its WiFi hotspots as market competition intensifies in the mobile broadband space. TRC Synergy Bhd’s orderbook has reached RM1.2bn to date, Dialog Group Bhd is acquiring a 90% stake in Fitzroy Engineering Group Ltd for NZD13.5m or RM31.7m, and Petronas Gas Bhd has signed a heads of agreement with Petronas to develop LNG regasification facilities. Overnight, the US markets and crude oil price ended higher on Friday as signs of economic strength in the US and China tempered worries about the European debt crisis. Crude oil price surged USD2.64 to finish at USD86.75/barrel.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
6 years ago