WCT plans to add two more shopping malls to its portfolio to create a steady stream of income for the grouop. WCT's maiden retail project, AEON Bukit TInggi Shopping Centre, was opened in Klang in 2007 and is currently leased to retailer Aeon Co Bhd while its second, the Paradigm Mall, was launched yesterday. Executive Director Choe Kai Keong said WCT's third mall, at KL Intenationa Airport 2 (KLIA2) integrated complex, was targeted to be opened in April next year. ' We will be managing the 350,000 sq ft shopping mall ourselves. Meanwhile, the fourth mall will be part of a 60- acre mixed development in Overseas Union Garden with an expected total gross development value of RM4bil. - The Star

Deleum Bhd has submitted tenders for contracts worth a total of RM1bil since the third quarter of last year. According to Deleum group managing director Nan Yusri Nan Rahmy, the jobs for which the company has bidded are mainly local projects within its three core business areas - that is, pwoer and machinery; oil-field services; and maintenance, repair and overhaul. Deleum's current orderbook stands at approximately RM650mil. The company, which is involved in the provision of specialiseed products and services in teh oil and gas industry, had earlier been reported to be in the bidding process to provide specialty chemicals to the St Joseph enhanced oil recovery (EOR) proejct helmed by Shell in Sabah. The oucome of the tender was expected to be known by the second half of this year. Besides that, industry observers believed Deleum was also eyeing for several jobs in EOR fields within the country, such as the Angsi project in Terengganu. - The Star

Mah Sing Group is expected to benefit from its latest purchase in Bangi, Selangor, due to the large pre-tax profit margins the company can gain from the development. The project would be developed on a 408-acre freehold land and four-acre leasehold land. ' Bernama

Bursa Malaysia plans to allow individual investors to start trading bonds on the bourse in the third quarter to boost liquidity in the market as it widens its product offerings. Bursa and teh Securities Comission had agreed in principle to start such as offering and are at the final preparation stage, chief executive officer Datuk Tajuddin Atan said in an interview. This woud begin with government-guaranteed or investment-grade vonds, he said. Malaysia is seeking to follow neighbouring Thailand, Indonesia and the Philippines where governments or companies already sell bonds in small lots for individuals to buy through agents, such as banks and brokerages. The  move will help boost volume and liquidity in Malaysia's debt market, which currently aollows only overthe-counter transactions involving largely institutional investors. - The Star

Source: AmeSecurities