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Stockwatch

Kathy Fong writes on Globetronics, TNB, MISC-F, Resorts World and Malakoff.

American Eagle purchase to boost MISC earnings

MALAYSIA International Shipping Corp Bhd (MISC) is confident its acquisition of pure crude oil tanker operator American Eagle Tankers Inc Ltd (AET) will boost its future earnings as well as expand its global presence.

MISC to buy American Eagle

MALAYSIA International Shipping Corporation Bhd (MISC) has proposed to acquire American Eagle Tankers Inc Ltd, owner and operator of Aframax tankers, for US$445mil, under a plan to expand its petroleum-based transportation market.

CI poised for mild upward correction

Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.

Affin Merchant sees boost from mergers

AFFIN Merchant Bank Berhad is confident that its corporate restructuring and rationalisation services units will receive a significant boost from the imminent mergers of government-linked plantation companies, said its president and chief executive Datin Zuraidah Atan.

Technical outlook a bit positive

Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.

News in brief

News in brief on MISC, Tai Wah Garments and Powertek.

CI may remain in range-bound trade

Main Board by G.M.Teoh

On Investments

SP SETIA BHD

CI seen to trend slightly upwards

Stock Market Signals: A weekly column by G.M. Teoh on the performance of the KLSE's Main Board.