theSun | FRIDAY MAY 8 2009  13

1,023.47  0.49
T 9,385.70 S
408.33
business KLCI
STI 2,241.60 S
62.57
Nikkei
TSEC 6,572.87  6.17
S
Hang Seng 17,217.89 383.32
S KOSPI 1,401.08  7.63
S
SCI 2,597.00  4.93
S S&P/ASX200 3,938.00 S
71.60

KL market summary

MAY 7, 2009 Share prices close mixed

INDICES CHANGE SHARE prices on Bursa Mal-aysia ended Jupiter Securities research head Pong
FBMEMAS: 6,820.27 +8.84 mixed yesterday on mild profit-taking activi- Teng Siew said the market took a breather
COMPOSITE: 1,023.47 -0.49 ties on the last hour of trading with interests after reaching a volume of three billion. “It
INDUSTRIAL: 2,261.35 -19.76 confined to selected heavyweights, dealers is a new record. There are a lot of retail
CONSUMER PRODUCT: 303.95 +0.28
said. investors in the market. The interest rate is
INDUSTRIAL PRODUCT: 78.79 +0.14
CONSTRUCTION: 199.05 -1.62
However, gains mostly in Bumiputra- very low and many retail investors took out
TRADING SERVICES: 137.00 -0.33 Commerce, Tenaga and Maybank managed their money to buy shares,” he said.
FINANCE: 8,084.16 +66.39 to cap some of the losses. Leading the actives was SAAG Consoli-
PROPERTIES: 660.68 +6.29 At 5pm, the benchmark Kuala Lumpur dated which rose 4.5 sen to 34.5 sen and SDE,” said Ramunia in filing to Bursa Malaysia. – Bernama
PLANTATIONS: 5,062.91 +0.45 Composite Index (KLCI) eased 0.49 of a point Iris Corporation which added 5.5 sen to 19.5
MINING:
FBMSHA:
275.60
7,094.47
-4.05
-9.97
or 0.048% to close the day at 1,023.47. The sen, while KNM eased two sen to 70.5 sen Citibank pre-tax profit exceeds RM1b
key index had opened 7.87 points higher at and Mulpha International inched up two
FBM2BRD: 4,477.76 +48.57 KUALA LUMPUR: Citibank Bhd posted a record pre-tax
TECHNOLOGY: 14.84 +0.01
1,031.83 in the morning. sen to 48 sen.
profit of RM1.04 billion in its financial year ended Dec
The KLCI moved between 1,021.70 Of the heavyweights, Sime Darby
31, 2008, up 38% from RM748 million in 2007, with good
TURNOVER VALUE and 1,037.81 yesterday. Gainers led losers declined 10 sen to RM6.60, Maybank rose
results in market business and consumer banking.
3.357bil RM2.42bil by 467 to 280 while 208 counters were eight sen to RM5.00, Tenaga rose 15 sen to
This was the first time the bank, set up in Malaysia in
unchanged, 280 untraded and 37 others RM7.60 and Bumiputra-Commerce was 25
1959, had posted a pre-tax profit exceeding RM1 billion.
suspended. sen higher at RM8.95. – Bernama
Its CEO Sanjeev Nanavati said Citibank’s strong
performance in challenging economic times is testa-
ment to the bank’s financial strength, resilience and
commitment to delivering leading-edge products and
quality services to customers. – Bernama

TM mulls bidding for briefs

Ramunia accepts offer
KUALA LUMPUR: Ramunia Holdings Bhd
Five more AirAsia routes to S’pore
LANGKAWI: AirAsia Bhd will soon introduce five more
routes from Malaysia to Singapore, its group CEO Datuk
Seri Tony Fernandes said here yesterday.
Under air liberalisation arrangements between the two

digital TV spectrum
KUALA LUMPUR: Telekom Malaysia Bhd
will consider bidding for the digital television
transmission spectrum, which will further
pave the way for the group’s involvement in
the digital television business.
Its managing director and group chief
executive officer Datuk Zamzamzairani Mohd
Isa said the group would look at all opportu-
nities, especially in supporting the nation in
moving into digital broadcasting by 2015.
“The core area of our strength will be basi-
cally the transmission network, and therefore
we will focus on that,” he said when asked
after TM’s annual and extraordinary general
meeting here yesterday whether the group
would bid for the spectrum.
The Malaysian Communications and Mul-
timedia Commission is expected to call for
tender bids for the UHF 470-742 megahertz
spectrum in the third quarter of this year.
Currently, TM is already supporting the
broadcast industry by providing the transmis-
sion network.
Zamzamzairani said other elements of
digital broadcasting which provide opportu-
nities could be explored further besides the
spectrum.
yesterday accepted the RM232 million countries, the airlines of both can operate from six new
buying offer made by Sime Darby Engi- destinations – Ipoh, Kuala Terengganu, Kuantan, Malacca,
neering Sdn Bhd (SDE), an indirect wholly- Sandakan and Tawau. This is in addition to the Penang, Lang-
owned subsidiary of Sime Darby Bhd. kawi, Kuching and Kota Kinabalu routes previously allowed.
“The board has accepted the offer sub- AirAsia’s Langkawi-Singapore route will be effective
ject to the execution of a definitive sale June 1, Fernandes said. He said 50% of seats offered on the
and purchase agreement (SPA), which route for June had been taken up in the last two days. The
On TM’s high speed broadband (HSBB) shall contain the terms and conditions to airline was also eyeing routes from Langkawi to Bangkok,
project, he said the group expects to final- be mutually agreed between Ramunia and Jakarta and Hongkong. – Bernama
ise discussions on its wholesale services
with interested parties by the end of the
year.
“So far, we are getting positive response
from the potential customer for the HSBB
transmission service. Licensed service pro-
viders, the big ones particularly, are already
in discussions,” he added.
It was reported that the final pricing for
TM’s wholesale offering will be determined
based on two factors – the volume of band-
width required and the duration of contract.
During the AGM, shareholders approved a
final gross dividend 14.25 sen per share less
tax of 25%, amounting to RM382 million.
In addition, the group also secured
approval to carry out its capital repayment
exercise which is expected to be completed
in early June.
Over and above the dividend payment,
TM will also pay 98 sen per share, amount-
ing to RM3.506 billion in capital repayment,
to shareholders, thus providing immediate
value enhancement to shareholders’ long-
term rate of return. – Bernama