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    • Malaysia's total foreign direct investment inflows sprung a surprise and climbed to RM32.9bil last year (RM29.1bil in 2007).
    • Malaysia Airports has allocated RM70mil for its incentive programme for airlines.
    • Maxis' board of directors will discuss the possibility of declaring a special dividend payout at their routine directors meeting.
    • Maybank has obtained the relevant approvals for a proposed subordinated note programme of up to RM7bil in nominal value.
    • Petronas will offer next month its first cargo of Sepat sweet crude to load in May. 
    • Airport-CB, Dialog-CD, Gamuda-CQ, HapSeng-CA, IJM-CG, KPJ-CB, MahSing-CC, MAS-CB, Maxis-CF, MPHB-CG, Mudajya-CE, Pos-CB, Supermx-CD and UEMLand-CF will cease trading on 27 February 2012 and expire on 29 February 2012.
    • Dialog-CL, DRBHcom-CN, HapSeng-CC, Harta-CD, PBBank-CS, Supermx-CG, UEMLand-CO and YTLPowr-CF are listed in Bursa Securities today.
    • The incoming barrage of financial results may set the underlying tone on Bursa Malaysia over the next few weeks.
    • Dialog has incorporated Pengerang LNG and Pengerang Terminals, involved in terminal storage facilities, regasification and handling services.
    • Malaysia Airports Holdings is in negotiations with Russia's S7 Airlines to commence flights into Kuala Lumpur.
    • UMW targets to sell 5,000 units of hybrid cars this year bolstered by increasing consumer awareness and ongoing tax incentives.
    • Pos's pre-tax profit increased to RM155.9 million, from RM99.1 million in the previous corresponding period. 
    • Banks are watching closely the situation in Europe and China while exercising caution in terms of lending and pricing.
    • Sime Darby is close to signing a distribution agreement with Cheilingjedang Corp, South Korea’s largest food maker by market value.
    • Petronas Chemicals is optimistic that it will do well this year due to robust demand for petrochemical products, recovering global economy and its competitive feedstock cost. 
    • Malaysia's economy expanded by 5.2% in the fourth quarter. For the whole year, growth was 5.1%.
    • Maxis Bhd is proposing to issue Islamic medium-term notes with a nominal value of up to RM2.45bil.
    • Petronas Chemicals Group is confident of emerging as the second largest urea producer in South-East Asia with the implementation of the RM4.5bil Sabah Ammonia Urea project. 
    • Malaysia's GDP expanded by 5.2% in 4Q 2011 despite the challenging external environment.
    • AirAsia X's revenue jumped 45% to RM1.9bil last year.Additionally, they plan to set up a low-cost carrier in the Middle East.
    • Research analysts remain bullish on Dialog stock, saying the group's latest financial results are within expectations.
    • Tan Chong Industrial Equipment has builtt its second largest ultimate dependability Trucks sales, service and spare parts centre in Perak. 
    • Listing of AirAsia's Indonesia and Thai units will boost earnings.
    • Dialog’s earnings rose 15.1% to 41.45 million in 2Q ended Dec 31 2011.
    • An Abu Dhabi sovereign wealth fund is exploring the sale of its US$1.30 billion stake in RHBCap six months after buying the shares.
    • Gamuda stands to be the prime recipient of the tunnelling jobs of the massive MRT project from Sungai Buloh to Kajang.
    • Fresh from the consolidation of its operation after the purchase of Sunrise Bhd, the enlarged UEM Land Holdings now has a complete set of skills and expertise to scour for opportunities in new growth markets, both locally and overseas.
    • The growing interests from Chinese investors in Malaysian properties has prompted Mah Sing Group to open a representative office in Shanghai to feature its residential and commercial properties.
    • AMMB said its net profit for 3Q of the financial year ending March 31, 2012 rose by almost 10% y-o-y to RM357.18mil. 
    • Axiata is disappointed with the Indian Supreme Court's decision to revoke Idea's licence to operate mobile telephony services in the south Asian country.
    • Representatives from all the unions and associations of MAS are due to meet with Prime Minister today in its attempt to undo the share swap between Khazanah and AirAsia owners.
    • Petronas had discovered two gas fields offshore Sarawak with a total gas-in-place of 3.45 trillion standard cubic feet.
    • The My Rapid Transit (MRT) project is expected to benefit almost all levels of companies in the construction sector. 
    • Bank Islam Malaysia Bhd is in early talks to buy a stake in PT Bank Muamalat Indonesia, sources said.
    • MMC Gamuda KVMRT (PDP) Sdn Bhd was officially appointed project delivery partner (PDP) for the Sungai Buloh-Kajang MRT line.
    • IOI Corp is mulling a relisting of its property arm that would see the group unlock values in that segment. 
    • Bursa Malaysia's earnings rose 29% to RM146.16 million for FY ended Dec 31, 2011
    • There is still no official discussion between DRB-Hicom Bhd and Proton Holdings Bhd for the future plans of the latter.
    • Hong Leong Industries reported net profit of RM35.47 million for the second quarter ended Dec 31, 2011.
    • Berjaya Land recorded a net loss of about RM8.05 million at group level after it disposed of 18.301 million Berjaya Sports Toto Bhd shares for RM79.61 million.
    • Malaysia's total trade is expected to grow between 5% and 6% this year. 
    • AIRASIA Inc (Philippines) has finally received approval from the Civil Aviation Authority of the Philippines (CAAP) to start domestic and international flights out of Diosdado Macapagal International Airport in Clark.
    • Axiata Group Bhd expects to spend RM4bil to RM5bil for capex in its financial year ending Dec 31, 2012.
    • Gamuda Bhd-MMC Corp Bhd has submitted the lowest bid for the underground tunnelling works, worth around RM8 billion, for the Klang Valley My Rapid Transit Sungai Buloh-Kajang line.
    • IJM Corp Bhd is unlikely to increase its stake in Kumpulan Europlus Bhd (KEuro) despite the potentially huge contracts spin-off from the RM7.07bil West Coast Expressway (WCE) project.
    • JCY International Bhd's net profit surged to RM162.4mil for its first quarter ended Dec 31, 2011.
    • MRCB posted a 37% drop in net profit to RM26.1mil for its fourth quarter ended Dec 31, 2011,
    • WCT Bhd has secured a RM300.51mil contract from the Government to build the headquarters of the International Trade & Industry Ministry.
    • A Swiss semiconductor company has chosen Penang to open its first manufacturing plant in Asia. 
    • AirAsia’s joint venture with All Nippon Airways Co., Ltd has obtained an air operators certificate (AOC) from the Japanese Civil Aviation Bureau.
    • RHBC expects its retail banking business to grow at a faster pace than the industry this year after making aggressive moves to expand its customer channels.
    • Tan Chong Motors expects the company's vehicle sales to grow more than 2.5% yoy in 2012 with the introduction of new models.
    • The Malaysia Automotive Institute (MAI) is developing a blueprint that will detail the development and enhancement of the local automotive industry up to year 2025. 
    • AirAsia has insisted that the lawsuit filed by the Australian Competition and Consumer Commission against AirAsia X is a minor issue that will not affect sales.
    • Petronas is evaluating opportunities for additional regassification projects in Pengerang, Lumut and Lahad Datu.
    • India's top court ordered the government to cancel 122 cellphone licences granted to companies during an irregular sale of spectrum in 2008.
    • Malaysia's Axiata Bhd Group which has a stake in India's Idea Cellular and Spice when contacted yesterday said it was waiting for full details of the judgment.
    • Sime Darby Property Bhd has won two awards for outstanding achievements in the property development sector in Malaysia and Southeast Asia. 
    • MAHB plans to raise RM598.40 million from a proposed share placement exercise to finance the new low cost carrier terminal at KLIA 2. 
    • Public Bank recorded net profit of RM876.98 million in the fourth quarter ended Dec 31, 2011, up 3.6% from a year ago due to higher net interest and net income from Islamic banking business. 
    • Axiata has received another two-year extension from the Securities Commission to get the local authorities’ approval for its outdoor structures.
    • Maybank has concluded the syndication of US$330.6 million Syndicated Term Facility for PT Bajradaya Sentranusa.
    • TNB's CEO Che Khalib will be calling it quits when his contract expires in June this year. 
    • BNM annouces new liberalisation rules. 
    • DRB-Hicom Bhd edges up in early trade on news of its RM8bil Glenmarie Heights project in Johor.
    • IJM Corp Bhd and AZRB have been awarded two significant construction packages to build part of the MRT.
    • KNM Group Bhd’s wholly-owned subsidiary KNM Project Services Ltd (KPSL) has raised its stake in Energy Park Investments Ltd to 80%.
    • Malaysia Airports Holdings Bhd is optimistic of achieving 6% to 7% growth this year.
    • MAS and Qantas are mulling over a joint venture to set up a premium airline based in Kuala Lumpur.
    • Bilateral trade between Malaysia and India has bright prospects to hit US$15bil (RM45.6bil) this year. 
    • DRB-Hicom Bhd plans to develop the main infrastructure and showhouses at its RM8bil Glenmarie Heights project in Johor by mid-2012.
    • Genting Bhd's move to sell two of its Indonesian oil blocks is favoured by analysts as this will enable the group to focus on its gaming business.
    • KNM Group Bhd has proposed to buy a 22.3ha land in England worth £25mil (RM120mil).
    • Sime Darby is expanding its plantation via the acquisition of a 95% stake in PT Indo Sukses Lestari Makmur.
    • The US Federeal Reserve may keep interest rates near zero until late 2014.
    • Singapore inflation up 5.5% in December. 
    • AirAsia has deployed the first element of the new cutting-edge airline management system, merlot.aero.
    • AWE Ltd has entered a sale and purchase agreement with a subsidiary of Genting Bhd.
    • Tan Chong Motor Holdings Bhd is targeting to enter a new market in the Asean region this year.
    • Tenaga Nasional Bhd has called on its vendors, suppliers and contractors to play their part in ensuring success of the National Green Technology Policy.
  
Market Review  

  • The FBMKLCI rose 0.21%, led by MAY (+RM0.09), MAXIS (+RM0.17) and AXIATA (+RM0.04).

  • The HSI rose 0.25%, led by HSBC (+HKD0.90), China Mobile (+HKD0.80) and ICBC (+HKD0.05).

  • Asian Markets Close: FBMKLCI 1,563.78 (+0.21%), HSI 21,478.72 (+0.25%), STI 3,025.07 (+0.13%) and Nikkei 9,463.02 (-0.23%).

  • U.S. Markets Close: Dow 12,965.69 (+0.12%), S&P 1,362.21 (+0.07%) and NSDQ 2,948.57 (-0.11%).

  
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