Wednesday, July 13, 2011

FBMKLCI 1578.10 DJ-58.88 CRUDE OIL 96.87 RM 2.9970

New stock listing

No.  Stock  Code    Stock Name     Reference Price      Lower Limit     Upper Limit
1.         5201             OLDTOWN                      1.25                  0.875                6.25


Old Town, Hwang DBS Vickers Research fair value was RM1.50 based on FY12 price-to-earnings of 12 times. Old Town operates café chain and coffee beverage manufacturing.


Petra Perdana Bhd has undergone a name change and will now be known as Perdana Petroleum Bhd.

BTM Resources Bhd’s subsidiary Syarikat Maskayu Sawmill Sdn Bhd has secured an agreement to extract forest products from the Terengganu state government.

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