FBMKLCI 1559.60 DJ-88.36 CRUDE OIL 99.10 RM 2.9465

New stock listing

No.  Stock  Code    Stock Name     Reference Price      Lower Limit     Upper Limit

1.         0171             PLABS                      0.30                 0.005             1.50
 

KNM Group Bhd and Zecon Bhd has entered into an agreement with Gulf Asian Petroleum (GAP) Sdn Bhd to build a refinery and an oil storage terminal worth a combined RM17 billion in Teluk Ramunia, Johor.

Public Bank Bhd's net profit jumped 20% to RM880.3mil for the second quarter ended June 30, from RM734.1mil a year ago, on the back of improved loans and deposits growth and improved asset quality.

Its revenue for the quarter was 18.3% higher at RM3.17bil from RM2.68bil a year ago. It reported earnings per share of 25.14 sen against 20.96 sen previously. The bank also announced a first interim single-tier dividend of 20%, which will result in total payout of RM700mil.

Daya Materials has bagged two contracts valued at 6.47 million euros or RM27.6mil of supply and delivery agreements with Petronas Methanol (Labuan) Sdn Bhd. The contracts were won via competitive bidding through its wholly-owned subsidiary Daya Secadyme Sdn Bhd. The two agreements are to supply methanol synthesis catalyst and desulphurisation catalyst to Petronas Methanol.

SP SETIA Bhd has proposed to acquire 40 per cent equity interest in KL Eco City Sdn Bhd (KLEC) from Yayasan Gerakbakti Kebangsaan for RM75 million. The acquisition will be through the issuance of 19.37 million new ordinary shares of 75 sen each in SP Setia at an issue price of RM3.87 per share, SP Setia said.