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    Malaysia Regional


    27 Mar 2015

    Gamuda- 1HFY15: MRT Line 1 Progressing Well

    - Gamuda reported net profit of RM368m for 1HFY15... News

    - Gamuda’s outstanding orderbook stands at about RM1.6b, mainly tunneling jobs for MRT Line 1 which is expected to complete in three weeks’ time.... News


    26 Mar 2015

    AMMB Holdings - Tempering Expectations

    - AMMB’s prospects for FY16 are likely to remain challenging on the back of muted loans growth and NIM pressure.... News

    - Non-interest income could also be relatively more impacted when industry wide detarriffication kicks in, given AMMB’s sizeable insurance income base.... News


    25 Mar 2015

    SapuraKencana - FY15: Challenging Times Ahead

    - SapuraKencana Petroleum (SAKP) reported FY15 core net profit of RM1.34b, after adjusting for one-off items.... News

    - Key highlights were: a) SAKP made a smaller-than-expected impairment for its upstream assets at RM54.9m vs our initial expectation of RM100m-150m, and b) a one-off adjustment on depreciation, depletion and amortisation worth RM120m was made as SAKP switched its reserve recognition from 1P to 2P (in line with Petronas).... News

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