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Most Asian markets, including Malaysian market, close lower Monday

Most Asian markets, including the Malaysian market, dropped Monday as Japanese stocks plunged amid uncertainty over tax breaks for share investments.


KLCI breaches 1,000 points

Shares on Bursa Malaysia rallied yesterday, with the Kuala Lumpur Composite Index (KLCI) posting its biggest single day advance since Jan 5 to close above the 1,000-point level for the first time in more than six years.


News in brief


Access to all documents

Former Land and Co-operative Development Minister Tan Sri Kasitah Gaddam will be given access to all the documents that the prosecution will use against him in his corruption trial, which begins in the High Court in January.


Best local firms of under US$1bil

EIGHT Malaysian companies made it to I>Forbes /I>magazine's '200 Best under a Billion' Asian companies this year.


CPO boost for plantation stocks

Plantation stocks topped the Bursa Malaysia gainers'list on Thursday, fuelled by the bullish outlook for crude palm oil (CPO) prices.


Putrajaya Perdana to focus on domestic ops

Construction-based Putrajaya Perdana Bhd will focus on the domestic market by improving its niche technology in the design and construction of energy efficient buildings before venturing abroad.


The lure of ports

THE latest merger and acquisition (MA) event that emerged last week was also mysterious and astonishing.


Putrajaya Perdana to sustain profit growth

Putrajaya Perdana Bhd (PPB), scheduled to be listed on Bursa Malaysia's main board this month, is set to enjoy sustained profit growth on the back of its strong order book of RM1.26bil and its ability to replenish its order book, analysts said.


Property development to drive future E&O earnings

Property development is expected to be the main earnings growth driver for Eastern Oriental Bhd (EO) going forward, said executive director Chan Kok Leong.