3 April 2012, Tuesday
Autos
Multi-Code Electronics focusing on Thailand and Indonesia
Car owners who sell vehicles through used-car dealers can register via online system
Banks
CIMB paying US$140 million for Royal Bank of Scotland’s Asian units
First step for DBS to consolidate foothold in Malaysia
Capital markets
Settlers’ bid to stop FELDA Global Ventures listing is rejected
Carotech wants Bursa Malaysia to reconsider suspension and delisting
Earnings
PruBSN posts 41% increase in pre-tax profit for FY11
Economy
Private investment exceeds target
Employment
Accord over minimum wage yet to be reached
Energy
Plans to increase diversification
Islamic finance
Shariah parameters on Mudharabah, Musharakah, Ijarah and Istisna’ out this year
Legal cooperation
Malaysia, Indonesia sign agreement
Mediation
Journalist reaches settlement with Monorail Malaysia Technology and KL Monorail
Plantation
Market favours mid- to small-cap plantation firms
Property
S P Setia developing China-Malaysia Qinzhou Industrial Park with Rimbunan Hijau
Malaysia not ready to adopt compulsory build-then-sell model
Professional bodies reprimanded for allowing illegal housing projects to proceed
ASIA
Banks
Myanmar’s banks have quietly begun an overhaul
Graft
In going after tycoon brothers, Hong Kong’s ICAC has set its sights far higher
Intellectual property
Failed display maker Proview will continue litigation with Apple
AUSTRALIA
Capital markets
Bourse trading hours may be extended to attract Asian investors
Contract
Insurance
Apportionment of liability where failure of a product causes serious injuries
CANADA
Employment
Interpretation and enforceability of a non-compete clause
Intellectual property
Innocent misstatement not sufficient to invalidate a trademark registration
SINGAPORE
Banks
Maybank Kim Eng wants to strengthen investment banking division, announces new products
Capital markets
Specialist lender Investec looking to spin off aircraft leasing business
DBS slides after Danamon offer
UK
Intellectual property
Where you hold your trade marks matters, especially when they are your name
US
Fraud
Royal Bank of Canada accused of engaging in ‘wash trades’
Health
Tobacco firms must specify quantities of dangerous chemicals under new guidelines
Mergers and acquisitions
Avon Products rejects US$10 billion bid
Not Reimanns’ first unsolicited offer for a major cosmetics brand