Go go go

Agreed. I sapu 800 unit 8.55

Presbhd,TROP,Cypark

Chun! Ride and wait for new high

0229 GMT [Dow Jones] PREVIEW: Casino operator Genting Singapore (G13.SG) could post 2Q EBITDA of S$373 million, up 7.4% on-year but down 0.9% from to the previous quarter, according to the average estimate of five analysts polled by Dow Jones. Analysts say a weaker 2Q showing reported last month by rival Las Vegas Sands' (LVS) Marina Bay Sands amid higher credit provisions suggests that Genting Singapore's Resorts World Sentosa casino too endured a tough quarter. "We believe the weaker VIP rolling volume at MBS (as well as the larger provision for accounts receivable of US$40 million) may not bode well for (Genting Singapore)," Citigroup says, cutting 2012-2014 earnings forecasts by about 2%. MBS results also suggest that Singapore's gaming mass market has stagnated even as VIP growth turns sluggish, Macquarie analysts say, adding RWS may have "lost some market share (to MBS) over the quarter given a higher proportion of Malaysian and local visitors in mass market." Genting Singapore will report 2Q results after the market's close Friday.

MRT awards two viaduct contracts

KUALA LUMPUR: Two more viaduct contracts were awarded by Mass Rapid Transit Corp Sdn Bhd (MRT) following the sitting of its One-Stop Procurement Committee (OSTC) in Putrajaya yesterday.

The OSTC1 was chaired by Prime Minister Datuk Seri Najib Tun Razak.

The committee awarded Gadang Engineering (M) Sdn Bhd with Package V2, which is for viaduct and associated works from the proposed Kota Damansara Station to the proposed Dataran Sunway Station. The contract is worth RM863.4mil.

Meanwhile, Package V3 for viaduct and associated works from Dataran Sunway to Section 17 in Petaling Jaya was secured by Mudajaya Corp Bhd. This tender is valued at RM816.2mil.

Subject: Proposal to Explore Corporate Structure for KLCC Property Holdings Berhad (“KLCCP”)

The Board of KLCCP wishes to advise that it has today authorised the Management of KLCCP to explore a corporate structure including an appropriate Real Estate Investment Trust (“REIT”), or equivalent, with the objective of optimising shareholder value.

It is expected that any proposals arising from this exercise will be subject to the approvals of relevant authorities, the Board of KLCCP, and shareholders.
Further details as to the progress of the exercise will be announced to the shareholders in due course.

This announcement is dated 28 June 2012.

Long term. LTAT have plan to release some stake to increase liquidity.

First interim dividend of 20% (or 4 sen) per ordinary share of RM0.20 each under the single tier system for the financial year ending 31 December 2012.
Date Announced : 28/05/2012
EX-date : 19/07/2012
Entitlement date : 23/07/2012
Payment date : 15/08/2012