Thursday, May 17, 2012

News Alert - May 17, 2012



1. Regional markets slump, KLCI falls more than 25 points
2. MISC 1Q net loss widens to RM465.08 million
3. Hock Seng Lee lands RM45.72m Sibu flood mitigation project subcontract
4. Hong Leong Bank 3Q net profit surges 60.54pct to RM465.1 million
5. SapuraKencana to spend USD1.5b in capex over next 3 years
6. Facebook boosts IPO size by 25pct, aims for USD15b
7. Market roiled by Greece euro exit fears
8. HSBC: Risk of Greece's euro exit rises significantly
9. Lower TV ads hurt Media Prima’s bottom line
10. EON acquisition continues to drive Hong Leong's earnings

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