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Wednesday, October 19, 2011

TMS, HUAYANG

TMS - Right issue
TMS proposed renounceable rights issue of RM0.10 each on the basis of 2 Rights Shares for every 1 existing ordinary share together with free detachable warrants on the basis of 3 Warrants for every 4 Rights Shares subscribed on an entitlement date to be determined later.

Hua Yang 2Q net profit surges to RM13.89 million
HUA YANG BHD [] net profit for the second quarter ended Sept 30, 2011 surged to RM13.89 million from RM4.31 million a year earlier, due mainly to steady CONSTRUCTION [] progress and better sales.

Earnings per share jumped to 12.87 sen from 3.99 sen in 2010, while net assets per share was RM2.23.

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