News Alert - May 24, 2012

1. KLCI falls to below 1,540 as global stocks retreat
2. MPHB proposes demerger of gaming, non-gaming units
3. HSL 1Q net profit up 10.86pct to RM19.69m
4. Regulators, investors turn up heat over Facebook IPO
5. MPHB plans for 80% dividend payout policy
6. RHB, OSK wrap up merger deal
7. Malaysia's GDP expanded 4.7% in 1Q12
8. Axiata to narrow gap in cost of debt