RESULTS NOTE
· AMMB Holdings (HOLD; RM4.75; TP: RM4.90) - Inline
TECHNICALS
· KLCI - More sideway action
NEWS HIGHLIGHTS
· MAS unveils Golden Lounge in Heathrow’s T4
· Govt withdraws vehicle end-of-life policy
· CCM plans revamp
· YTL Com to sign pacts with several partners
· SP Setia builds on winning formula
· Kinsteel profit down on lower steel prices
· Sime Darby forms unit in China
· Seven banks expected to rake in RM318mil in fees for maxis listing
· Proton chairman offers to take Transocean private
ECONOMIC NEWS HIGHLIGHTS
· Bank Negara reserves at RM335b
FOREIGN NEWS HIGHLIGHTS
· Wall St. rises 3% for week on Friday's slim gain
· US stocks eye retailers as jobless ranks swell
· China Merchants Securities to hold $1.6 billion IPO in Shanghai
· India may lead G20 in stimulus exit as Singh signals wind back
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