Thursday, 11 July 2013

CIMB Daybreak - 11 July 2013

What’s on the Table...
  • Plantations - Stocks getting tighter but....


News of the Day...
  • More upstream expansion is in store for Felda Global in at least three countries
  • Govt to call for open tender for the KL-Spore high-speed rail (HSR) link by year-end?
  • UMW Holding’s listing of its oil and gas unit has been approved by regulators
  • TNB wins RM1bn contract from Kuwait to operate a power and distillation plant
  • Magnum plans to hive off its stake in U Mobile
  • Cypark Resources has set its private placement price at RM2.05/share
  • China’s exports fell 3.1% yoy in Jun (+1% in May)
  • Ben Bernanke says the US still needs very stimulative monetary policy


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