News Alert - May 2, 2012

1. Boards of Khazanah and Tune Air today will make official their decision to abandon the RM1.1 billion share-swap deal involving MAS and AirAsia
2. Shares in port and logistics outfit NCB enjoy multi-year high; analysts advise caution
3. More equity than cash in RHB-OSK deal
4. Increasing payout ratio will support higher valuations for JT International