is AA having some corporate exercise? what is happening?

Perwaja sued by Petronas.....

PETALING JAYA: Perwaja Holdings Bhd has received a writ of summons and a statement of claim from Petroliam Nasional Bhd for the sum of RM146.14mil including a claim of interest of RM10.31mil.

This is the total amount invoiced for the supply of dry gas by Petronas to Perwaja Steel, a statement to the stock exchange said.

Perwaja Steel said it “will be entering into a defence via its solicitors due to disagreement in the credit period.”

It also added it didnot expect any loss arising from this claim but said it has made sufficient provision to meet any liability that may arise.

Hey guys, today's new.....

PETALING JAYA: The share price of KrisAssets Holdings Bhd fell sharply to 11 sen, down 6.5 sen, after the property player reminded shareholders that it would not maintain its listing status. A total of 80.9 million shares changed hands.

The share price rallied on Wednesday to 23.5 sen after it proposed a RM2.60 per share cash distribution to be paid on Feb 6.

According to KrisAssets, the board had no intention to maintain its listing status.

“KrisAssets will be voluntarily wound up upon completion of the proposed distribution, and accordingly be de-listed by Bursa Securities. The shareholders of KrisAssets will then hold unlisted shares in the company until the completion of the winding-up process and be entitled to cash distribution resulting from the recoverability of the remaining assets (net of liabilities), if any, on a pro-rata basis,” it said in the announcement on Thursday. An EGM will be convened by the end of May, to seek the approval of the shareholders to wind-up KrisAssets and appoint liquidators to facilitate the liquidation process.

Karyon financial results 2006-2011 :

https://plc.asiaebroker.com/plc/stkCompInfo.jsp?SourceCode=TRKD&StkCode=0054&ExchCode=KL&Sponsor=3#

Soap makers to benefit from falling palm oil prices :

http://www.livemint.com/Money/3KOT39gwPZrBPjnxV7r9nM/Soap-majors-to-benefit-from-falling-palm-oil-but-so-will-th.html

watch, coming soon.

Is it true that Airasia going to be remove from the Index? Anyone knows?

thx sifu for sharing :)