Slightly lower. The FBM KLCI dipped 2.9 points to close at 1,511.58. UEM Land Holdings Bhd has received valid acceptances for 450.9m offer shares representing 91.02% of Sunrise Bhd’s issued and paid-up capital, Petronas has shot down market talk that it will list its 100%-owned exploration and production unit, Petronas Carigali SB in 2011 and Guan Chong Bhd is counting on its new processing plant in Batam, Indonesia to meet strong demand from chocolate manufacturers globally. Meanwhile, Perisai Petroleum Teknologi Bhd has entered into a share sale agreement with Innovative Upstream Technologies SB for the disposal of 100% stake in Orinippon Trading SB, which is involved in design, engineering and patent holding, for RM720k. The US markets were closed on Friday.
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Monday, December 27, 2010
Monday, December 27, 2010
Market Review
Slightly lower. The FBM KLCI dipped 2.9 points to close at 1,511.58. UEM Land Holdings Bhd has received valid acceptances for 450.9m offer shares representing 91.02% of Sunrise Bhd’s issued and paid-up capital, Petronas has shot down market talk that it will list its 100%-owned exploration and production unit, Petronas Carigali SB in 2011 and Guan Chong Bhd is counting on its new processing plant in Batam, Indonesia to meet strong demand from chocolate manufacturers globally. Meanwhile, Perisai Petroleum Teknologi Bhd has entered into a share sale agreement with Innovative Upstream Technologies SB for the disposal of 100% stake in Orinippon Trading SB, which is involved in design, engineering and patent holding, for RM720k. The US markets were closed on Friday.
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