Scomi Grp: Tan Sri Abu Sahid who emerged as a substantial shareholder in Scomi Grp has declared that the is not interested in taking control of the company, nor he is opposed to the entry of construction giant IJM Corp into Scomi. He does not seek a board seat or representation and that his acquisition was merely as an investor.

Dijaya: It is open to M&As in the property sector if an opportunity arises. It had completed its amalgamation at end Aug 2012 and involved an injection of rm1 billion worth of Tan's privately held properties into Dijaya. The exercise increased Dijaya's landbank to 913 acres with an estimated GDV of rm38 billion to be developed over 10 to 15 years. It will also ink its rm500 million notes of which part of the proceeds will be used to develop the properties in the company and fund its expansion plans.

MSM: It will remain resilient to the 20 sen per kg reduction in sugar subsidies as announced in Budget 2013. There has been a corresponding increase since in retail prices to rm2.50 per kg effective 29 Sept 2012. This will likely induce some pressure on domestic consumption but MSM should experience little impact on its earnings.

TA Ann: It has entered into three JVs, with a 55% stake in each, to develop a total of 23412ha of plantable Greenfieldland. Capex will be staggered over the development periods. They will boost Ta Ann's landbank by 54% and ensure its long term sustainable growth. The JVs are only expected to contribute to earnings after 2020 as Ta Ann aims to start planting in 2016. They will ensure continuity of its new planting target of 3000ha per year till 2022.

IHH: Its subsidiary has acquired four subsidiaries in Turkey for a total cost of to rm31.1 million. The principal activity of the acquired subsidiaries is the provision of outpatient services. The acquisitions will strengthen Acibadem's foothold in primary healthcare services in Turkey. With rm1.64 billion in cash holdings after its IPO, the acquisitions will have no material impact on IHH's financial position.