Paulson Said to Lose 6.9% in June With Advantage Plus Fund

http://www.businessweek.com/news/2010-07-07/paulson-said-to-lose-6-9-in-june-with-advantage-plus-fund.html

Notion VTEC begins operation of HDD plant

Notion VTEC is poised to begin first-phase operations at its largest HDD manufacturing plant in Klang. The plant is being developed over 2 years at a cost of RM150m and will eventually have a production capacity of 85m 2.5-inch HDD baseplates annually from 4m baseplates currently. The first-phase entails a production capacity of 24m.

Notion VTEC begins operation of HDD plant

Notion VTEC is poised to begin first-phase operations at its largest HDD manufacturing plant in Klang. The plant is being developed over 2 years at a cost of RM150m and will eventually have a production capacity of 85m 2.5-inch HDD baseplates annually from 4m baseplates currently. The first-phase entails a production capacity of 24m.

BOUSTEAD HOLDINGS : COMPLETED JV and acquisition

It has completed the establisment of the joint venture (JV) between its wholly owend subsidar, Boustead Hotels and Resorts S/B (BHR) and Tacorp Holdigns S/B (TH) as well as the acquisition of two piece of land in Kuantan, Pahang by the JV company from TH. BHR and TH have also agreed to vary their equity structure in the JV company from 70:30 to 80:20.

Disclosure of Interest:
The author has an interest in Boustead Holding Berhad





Note:

Fundamental : Wilmar International

WRT – Wilmar International: Good news = higher share price? – We feel upside for Wilmar may be limited as we expect CPO prices to be range bound in the near term. As such we feel it might not be in the best interest of investors to buy a call warrant on Wilmar now. However for those with a greater risk appetite and possess a bullish outlook for Wilmar, we feel the most attractive Wilmar call warrant in the market at the moment is Wilmar MBLeCW101102 with an exercise price of $5.80.

Malaysia : Debt-To-GDP ratio