News Alert - May 16, 2012

1. KLCI pares down losses at close in line with regional markets
2. UBS Research lowers FBM KLCI target to 1,650 for end-2012 from 1,700
3. Mitrajaya unit gets contract worth RM111.84m from Putrajaya Holdings
4. Tian Chua pleads not guilty to disobeying police orders
5. Najib: People's choice is what matters
6. Score woos 17 projects worth RM24.63b
7. Felda locks in stakeholders for IPO
8. MRT bidders get more time
9. CPO price on watch after dip to 7-month low
10. Risk aversion favours REITs