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Banks, Petronas Dagangan lead KLCI higher in early trade
20% more Putra Brand winners
M'sia, S'pore and Thai regulators implement standards for multi-jurisdiction offerings

Banks, Petronas Dagangan lead KLCI higher in early trade

Posted: 01 Apr 2013 06:15 PM PDT

Published: Tuesday April 2, 2013 MYT 9:15:00 AM

KUALA LUMPUR: Some nibbling of index-linked stocks including Petronas Dagangan and banks helped nudge the FBM KLCI higher in early trade on Tuesday despite the cautious key regional markets.

At 9.01am, the FBM KLCI was up 1.66 points to 1,669.27. Turnover was 6.52 million shares valued at RM6.0mil. There were 55 gainers, 24 losers and 55 counters unchanged.

However, Hwang DBS Vickers Research said due to the lack of fresh market developments, trading activity is expected to remain slow today. "Coupled with the weaker overnight Wall Street performance (which saw its key equity indices finishing between flat and -0.9%), we reckon the benchmark FBM KLCI could pull back a bit further away from the support-turned-resistance level of 1,670," it said in its technical outlook.

Petronas Dagangan rose 18 sen to RM23 with 1,000 shares done as the group plans for a special dividend payout of 35 sen a share with ex-date on April 26.

HLFG rose six sen to RM15.06, Maybank five sen to RM9.35 and AmBank four sen higher to RM6.59.

BToto rose six sen to RM4.20 after it declared an 8.0 sen third interim dividend.

Meanwhile, Carlsberg fell 20 sen to RM13.92 on mild profit taking, Bursa shed five sen to RM6.80 and Axiata two sen to RM6.80.

20% more Putra Brand winners

Posted: 01 Apr 2013 06:08 PM PDT

Tuesday April 2, 2013

PETALING JAYA: The Putra Brand Awards, a brand valuation award measured by consumer preference, will see a 20% increase in the number of winners this year as well as the entry of several new Malaysian brands on the final list.

The Association of Accredited Advertising Agents Malaysia (4As), the organiser, said in a statement that for the first time this year, gold Putra Brand Award winners from the previous years and this year would be inducted into the "hall of fame" as a tribute to Malaysia's best-loved and most recognised brands.

"The Putra Brand Awards is a significant event that champions local brands and SMEs (small and medium-sized enterprises) based on a set of measurable deliverables chosen by Malaysian consumers," said Datuk Johnny Mun, 4As vice-president and the Putra Brand Awards organising chairman.

He added that brands must continually invest in a broad range of marketing communications to make an impression on the minds of consumers. "The rules of engagement have surely changed in the past decade and continue to evolve with media convergence and advancing digital technology," Mun said. "Consumers now are in charge of brands by accessing and evaluating a product or service through multiple media and social platforms."

The winners of the Putra Brand Awards, now in its fourth edition, are chosen by 6,000 respondents through a rigorous research methodology. "These respondents from all over the country are different every year – and they choose the top brands based on how they engage and interact with the brands covering relevance and accessibility," he said.

The Putra Brand Awards ceremony, which is endorsed by the Malaysia External Trade Development Corp (Matrade), would be held on April 26 in Kuala Lumpur.

The 4As plans to organise a roadshow jointly with Matrade to key market centres with this year's Putra Brand Awards winners.

M'sia, S'pore and Thai regulators implement standards for multi-jurisdiction offerings

Posted: 01 Apr 2013 06:06 PM PDT

Tuesday April 2, 2013

PETALING JAYA: The securities regulators in Malaysia, Singapore and Thailand have jointly implemented the Asean Disclosure Standards Scheme for multi-jurisdiction offerings of equity and plain debt securities in the region.

According to the Asean Capital Markets Forum (ACMF), the scheme aims to facilitate fund-raising activities as well as enhance investment opportunities within Asean capital markets.

"Issuers offering equity and plain debt securities in multiple jurisdictions within Asean will only need to comply with one single set of disclosure standards for prospectuses, known as the Asean Disclosure Standards, bringing about greater efficiency and cost savings to issuers," it said in a statement.

The scheme replaces the Asean and Plus Standards Scheme that was announced on June 12, 2009, and is one of the capital market initiatives undertaken by the ACMF as part of the regional capital market integration plan endorsed by the Asean Finance Ministers in April 2009 in Pattaya, Thailand.

The scheme operates on an opt-in basis and Asean members will adopt the scheme as and when they are ready to do so. Malaysia, Singapore and Thailand are the first three Asean jurisdictions to implement the scheme.

"The initiative represents a significant milestone towards creating a more efficient environment for access to capital across the region, and is a key initiative by Asean capital market regulators to promote greater cross-border investment flows and grow the region's capital markets.

"The fully harmonised disclosure standards will allow issuers more seamless access to financing opportunities within the region while facilitating investors' decision making in multi-jurisdiction offerings," said Securities Commission chairman Datuk Ranjit Ajit Singh.

Kredit: www.thestar.com.my

Isnin, 1 April 2013