· F&N's 4QFY10 earnings surged to RM462.3mn from RM61.08mn a year ago and it announced a final single tier dividend of 38 sen per share and a special interim dividend of RM1.10 per share.
· AZRB is disposing 21.26% equity interest in Eastern Pacific Industrial Corporation Berhad to Lembaga Tabung Amanah Warisan Negeri Terengganu for a total cash consideration of RM111.5mn.
· Dayang proposed bonus issue and renounceable rights issues on the basis of 1-for-4 Dayang shares held and after the proposed bonus issue respectively.
· Uemland has no plans to raise its bid for Sunrise Bhd after the latter's share price jumped above the offer price yesterday.
· Mas's unit will introduce jet aircraft operations with a fleet of Boeing 737-800 aircraft operating out of the Main Terminal Building of Kuala Lumpur International Airport in 2011.
· HWGB is proposing a private placement of up to 41.36mn new ordinary shares of RM0.20 each to independent third party investor(s) to be identified later at an issue price which is to be determined later.
· Lonbisc has served a notice to voluntarily buy all the remaining 54.4mn shares in TPC Plus Bhd it does not already own for 30sen a share.
· Malaysia's GDP may expand 4.8% next year, slowing from a 7.4% gain in 2010 following last year's recession, the World Bank said in its Malaysia Economic Monitor report.
· More U.S. executives than ever are increasing earnings forecasts compared with those lowering them, helped by almost $2 trillion of Federal Reserve spending and a recovery in the global economy.
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