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[FBMKLCI-EA] KLCI COUNTER SPECIFIC NEWS


1. Signature International Bhd has received an offer of compensation of RM79.95mil for its 13,506-sq m land in Kota Damansara, Petaling Jaya, which is being compulsorily acquired by the Selangor government to build the Damansara-Shah Alam Elevated Expressway (DASH).

2. AMINVESTMENT Bank likes Econpile Holdings Bhd for its strong track record as a leading piling specialist, continued improvement in margins and sustainable contract flows on resilient demand.

3. China Resources Beer will pay US$1.6bil to buy out SABMiller Plc's stake in their China Resources Snow Breweries venture, a much lower price than expected and sending shares in the state-backed firm soaring by a quarter in value.

4. Carimin Petroleum Bhd dipped after the company said its subsidiary Carimin Acacia Offshore Sdn Bhd (CAOSB) received a project financing facility of up
to RM70 million from Malaysia Debt Ventures Bhd to part finance an accommodation work boat.

5. GD Express Carrier Bhd (GDex) shares rose 1.82% in early trade today after the company and PT Pos Indonesia signed a business collaboration today to enhance cross-border trade between both entities and explore other synergies.

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