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Encorp wins RM114mil construction contract

Encorp Bhd said today its unit, Encorp Construction & Infrastructure, had been awarded the main contract to build a business centre worth RM114mil in Cyberjaya.

It said Setia Haruman Sdn Bhd issued the letter of award on July 25th.

Work on the project – which encompasses shops, offices, a car park and other amenities, including a 24 storey building – will commence on Sept 2 this year, with delivery date set 24 months down the road on Sept 2, 2015.

The company said it did not see any exceptional risk in undertaking the project and expected the contract would contribute positively to the earnings of the Encorp Group during the duration of the contract.

Bonia sees 11% stake traded off-market as shares hit all-time high

Bonia Corporation Bhd saw 22.17 million shares transacted off-market on Friday at an average price of RM2.54.

Stock market data showed the shares accounted for 11% of its paid-up of 201.57 million shares.

At 4.02pm, Bonia was up 10.6% or 27 sen to RM2.81 -- a record high -- in regular trade.

Ranhill Energy and Resources Bhd IPO cancelled

Ranhill Energy and Resources Bhd’s initial public offer has been cancelled, it was learnt on Friday.

The money collected from the successful applicants would be returned to the investors.

Maybe someone "very influential" complain to SC thus canceling the IPO

Khazanah Nasional buying Turkey health insurer for US$252m

Khazanah Nasional Bhd's insurance holding company Avicennia Capital Sdn Bhd is buying a 90% stake in Turkey's health insurer Acibadem Saglik ve Hayat Sigorta A.S. (Acibadem Sigorta) for US$252mil.

Khazanah said on Monday that Avicennia Capital had inked an agreement to buy the stake from Mehmet Ali Aydinlar and family and The Abraaj Group.

The Malaysian government's strategic investment fund said Acibadem Sigorta is a leading provider of health insurance services for corporate and individual clients in Turkey, and has the second largest market share in the industry.

Acibadem Sigorta's headquarters is in Istanbul and it operates six regional offices across Turkey. Acibadem Sigorta's premium health insurance offering provides its customers with access to a large network of high quality healthcare facilities in Turkey.

The acquisition complemented Avicennia Capital's acquisition of the CIMB Aviva insurance businesses in Malaysia in early 2013.

HARTALEGA HOLDINGS BERHAD

Final dividend of 4 sen per share single tier for the financial year ending 31 March 2013

EX-date 04/09/2013
Entitlement date 06/09/2013
Payment date 19/09/2013

AMANAH HARTA TANAH PNB

Interim income distribution of 3.70 sen a unit, tax exempt at Trust level, for the period ended 30 June 2013.

EX-date 16/08/2013
Entitlement date 20/08/2013
Payment date 30/08/2013

TIEN WAH PRESS HOLDINGS BERHAD

Interim Dividend of 5.4 sen gross per share less tax of 25% and interim tax-exempt dividend of 2.34 sen per share in respect of the financial year ending 31 December 2013.

EX-date 27/09/2013
Entitlement date 01/10/2013
Payment date 31/10/2013

Farid, Maybank's new CEO from today

Datuk Abdul Farid Alias, 45, has been appointed the new president and chief executive officer of Malayan Banking Bhd effective today.

He was previously the bank's deputy president and head of global wholesale banking.

He replaces Datuk Seri Abdul Wahid Omar who resigned on June 4 to take over as Minister in the Prime Minister's Department in charge of the Economic Planning Unit (EPU).

Abdul Farid was also formerly Khazanah Nasional Bhd's director of investments and the government investment arm's nominee on the board of UEM Group Bhd in 2008.

MAXIS BERHAD

An Interim Single-tier Tax-exempt Dividend of 8 sen per ordinary share

EX-date 04/09/2013
Payment date 03/10/2013


Not surprise at all

Selamat Hari Raya Aidilfitri

Happy Holidays

MTD withdraws bid for RM4.5b Philippines LRT job

A consortium comprising MTD ACPI Engineering Bhd and South Korea's Samsung are among three three bidders which have withdrawn tenders for the proposed PHP60-billion (RM4.5 billion) Light Rail Transit (LRT) Line 1 – Cavite extension project in the Philippines.

A news report by the INQUIRER.net had quoted Department of Transportation and Communications (DOTC) transportation undersecretary and head of the bids and awards committee Jose Lotilla as saying consortiums led by San Miguel Corp and DMCI Holdings have also withdrawn their bids.

BP PLASTICS HOLDING BHD

4% Interim Tax Exempt Dividend

EX-date 30/08/2013
Entitlement date 03/09/2013
Payment date 19/09/2013