Pelikan International Corp: Pelikan to transfer MYR1b assets. Pelikan International Corp is transferring MYR1.05b worth of assets worldwide to its 71.32%-owned Germany-listed subsidiary Herlitz AG at a discount, as the struggling stationery maker seeks to boost current stock valuations and raise fresh funding for future growth. (Source: The Star)
 

Inari Ametron: On track to hit MYR1b revenue target. Chief executive officer Lau Kean Cheong said Inari Ametron is on track to achieve its MYR1b revenue target by financial year ending June 30, 2016. The electronic component maker's revenue growth will be underpinned by rising demand for radio frequency and op-to-electronic products. (Source: The Edge Financial Daily)

Japan: Election would risk clouding outlook for Abenomics changes. A potential snap election in Japan next month clouds the outlook for the Abe administration's economic program as the nation struggles to shake off the impact of this year's sales-tax increase. Lawmakers said they were preparing for a possible early election by Prime Minister Shinzo Abe, the clearest sign yet that he's contemplating such a move. The decision is linked to a call on whether to go ahead with another bump in the levy in 2015, one ruling party member said. (Source: Bloomberg)