12 April 2012, Thursday
Autos
DRB-Hicom sends in five-man team to evaluate Proton Holdings
Banks
M&A news flow only in its early phase
Capital markets
Insurance
Central bank approval sought on sale of MUI Continental Insurance to Tokio Marine
MNRB Holdings drafting five-year plan
Islamic banking and finance
OSK purchase will further boost RHB’s allure
Maybank keeping options open on Philippines’ Al Amanah
Time may be right to put on first SAMI + 3 Summit in Malaysia
Legislation
Private Sector Retirement Bill will be tabled in June
Territorial Sea Bill tabled for first reading
Electronic Commerce Act 2006 [Act 658] being amended
Security Offences (Special Measures) Bill still too broad
Bill opens door to future abuses
Penal Code (Amendment) Bill 2012 introduces seven new offences
Property
Syarikat Prasarana Negara partners Crest Builder on billion-ringgit tower
CIMB-TCA acquires third building in Australia
Takaful
Great Eastern Takaful targets higher contribution
Telecommunications
CMC Engineering plans to use Jaring network to set up Shariah-compliant data centre
Tort
Kelantan prince’s suit against publisher of Malay Mail may be settled out of court
Utilities
Tenaga Nasional’s earnings visibility has improved
ASIA
Capital markets
New D-G faces challenging task in improving performance of Colombo Stock Exchange
Gaming
Las Vegas Sands opens new property
Sands Cotai Central could help parent challenge Asia’s biggest casino operators for leadership
Islamic finance
Brunei needs standardised regulations
AUSTRALIA
Mergers and acquisitions
Real estate
SP Setia, Fraser & Neave among Asian developers building record number of apartments
CANADA
Competition
Class-action lawsuit filed on behalf of alleged victims of gas price-fixing scheme
Employment
Extent to which ex-employees may compete with former employer
Intellectual property
EUROPE
Autos
Luxury carmaker Audi could announce acquisition of Ducati next week
Telecommunications
Latest profit warning sends Nokia’s shares plunging to 15-year low
GLOBAL
Islamic banking
Growth rate and profitability should be cause for reflection
Commonly used terms and concepts
Real estate
Azerbaijan looking to build world’s tallest building; 1,050m structure will dwarf Burj Khalifa
Telecommunications
Telcos passed US$1.91 trillion mark in 2011
SINGAPORE
Mergers and acquisitions
DBS boss ‘fairly confident’ takeover of Indonesia’s Danamon approved in six months
DBS injects capital into China unit
Real estate
Singapore unit of Primus Pacific sued for unpaid rent on bungalow
UK
Autos
Lotus moves to quash rumours on administration
Intellectual property
Twentieth Century Fox to defend claim for trademark infringement and passing off in High Court
US
Antitrust
Apple, publishers sued over pricing of e-books
Class action alleging cable channel bundling dismissed for failure to plead injury to competition
Intellectual property
Attempts to extend US copyright to cover fashion designs have been unsuccessful
Technology
Analysts rosy on Apple’s stock
Indirect infringement requires knowledge of patent-in-suit and direct infringement of patent