Tuesday, August 2, 2011

FBMKLI 1558.01 DJ-10.75 CRUDE OIL95.35 RM2.919

Salcon Bhd’s wholly-owned subsidiary, Salcon Engineering Bhd, has secured a RM16.2mil (243 million rupees) contract from Davanagere City Corporation, Karnataka, India, for the laying of raw water pumping mains and related ancillary works.

A consortium which includes Scomi Engineering Bhd has sealed an agreement with the Sao Paulo Metropolitan Company for the design, manufacture, supply and implementation of a monorail system in Brazil, the company told Bursa Malaysia yesterday.

Yinson Holdings Bhd is downsizing its current core activities of land transportation and logistic services businesses to focus on building and developing its oil and gas (O&G)-related activities.

Notion VTec Bhd said its controlling shareholders were still in negotiations with various parties over the latter’s interest to acquire the business or equity interest in the company.
It said that it was informed by the shareholders that “the negotiations with various parties are still on-going”.