AirAsia to record higher revenue in Q3

KUALA LUMPUR: AirAsia is expected to record a higher revenue of RM1.24 billion in its third quarter due to a higher yields estimation of six per cent year-on-year and following Malaysia Airlines (MAS) exit from the low cost carrier space.

OSK Research Sdn Bhd said the third quarter stats for AirAsia were commendable, although its Indonesian side reported flattish numbers, as it was operating a smaller fleet with one aircraft less compared to the corresponding period of last year.

"AirAsia's nine-month year-to-date traffic for Malaysia came in marginally better than our forecast at 74 per cent of the full-year Revenue Passenger KM (RPK), compared with 73 per cent in the last year's period.

"This is likely the result of its focus on shortening the average stage length," it said in a research note today.

For the AirAsia business in Indonesia and Thailand, the research firm said the numbers are also in line with its forecast.

"Average stage lengths for the three carriers were lower by 1.1, 8.9 and 5.0 per cent, respectively from last year, suggesting that aircraft utilisation was optimised for shorter routes which are mostly domestic.

"This bodes well for yields and margins, from higher ancillary revenue turnover, and ultimately profitability," it added.

OSK Research has maintained its "buy" call on AirAsia with an unchanged fair value of RM3.91. -- BERNAMA

Read more: AirAsia to record higher revenue in Q3http://www.btimes.com.my/articles/20121031125701/Article/#ixzz2AsVVnO9C

AirAsia records 77pc load factor in Q3

KUALA LUMPUR: AirAsia Bhd today announced that Malaysia AirAsia recorded strong load factor of 77 per cent in the third quarter of 2012.

The low cost airline said Malaysia AirAsia's capacity increased by 10 per cent year-on-year as part of its strategy to increase frequencies on trunk routes during the holiday period.

In a statement today, it said Malaysia AirAsia was operating 59 aircraft as at the end of the reviewed quarter.

The company also reported that Thai AirAsia posted high load factor of 82 per cent in the period with approximately 2.0 million passengers carried.

It attributed strong tourism as a factor for the high growth.

It said Indonesia AirAsia also posted high load factor of 78 per cent with the peak Ramadhan holiday time during the reviewed period as a factor.--BERNAMA

Read more: AirAsia records 77pc load factor in Q3http://www.btimes.com.my/Current_News/BTIMES/articles/20121030213258/Article/index_html#ixzz2AnEh3msy

Häagen-Dazs 20% OFF Seventh Heaven

Location:
All Häagen-Dazs cafes nationwide Malaysia

Details:
Download and print the voucher above to enjoy the Seventh Heaven at 20% off at all Häagen-Dazs cafes nationwide!

Promotion period:
29th October - 4th November 2012

Terms and Conditions:
Not valid with other discounts, promotions and Häagen-Dazs vouchers. Häagen-Dazs card members are not entitiled to further discounts. While stocks last. Only printed vouchers are accepted. Häagen-Dazs reserves the right to amend these terms and conditions without prior consent. Only persons age 18 and above are entitled to the discount.

HEXZA First and Final Dividend

As expected, Hexza announced first and final dividend today.  Total dividend = 10 % (i.e. 8% less 25% tax + 2% single-tier) with PAR RM 0.50.  This translates into 5 cents dividend.  Based on today price, i.e. RM 0.62.  The DY is 8.06%.  Quite high DY.


Read more:
TA on HEXZA

IHH Healthcare gets ‘reduce’ rating

PETALING JAYA: Nomura Research has initiated coverage on IHH Healthcare Bhd with a “reduce” rating, saying that while it was a strong healthcare franchise, valuations were already priced to perfection.

Nomura has a below-consensus target price of RM2.81 based on a sum of parts valuation. The consensus target price is RM3.39. It closed at RM3.30 yesterday.

Nomura's financial year (FY) to Dec 31, 2013 net profit estimate for IHH is 14% lower than consensus. For FY13, Nomura has forecast a net profit of RM647mil on the back of RM7.23bil in revenue. For FY14, it estimated a higher net profit of RM842mil on the back of revenue of RM8.41bil.

Based on Nomura's FY13 operating profit estimate (adjusted for a 60% stake in its Turkey hospital, Acibadem), IHH share price implies an EV/EBITDA (enterprise value/earnings before interest, taxation, depreciation and amortisation) multiple of 21 times (x), compared with an average 15x for healthcare service providers in emerging markets and 6x to 9x in developed markets.

“While we like IHH's diversified and growing franchise, losses from Mount Elizabeth Novena, the drag from its aggressive expansion and a rich valuation are likely to undermine its share price performance,” said Nomura.

It said at an FY13 price earnings ratio of 41x and EV/EBITDA of 18x, it believed that IHH was expensive.

“In our view, IHH has an attractive franchise that enables it to ride the growth in demand for healthcare in Asia and the Central and Eastern Europe, the Middle East and North Africa (CEEMENA) regions as it expands capacity.

“We estimate IHH's revenue and EBITDA will increase by 19% and 20% per annum, respectively, from 2013 to 2014,” said Nomura.

The Japanese research house was of the opinion that execution risks could undermine the share price amid high expectations IHH was apt to see drags from its aggressive expansion, especially with losses from Mount Elizabeth Novena likely to continue into 2014.

IHH is among the largest private healthcare providers in the world by market capitalisation and has well-known franchises in South-East Asia under Mount Elizabeth, Gleneagles and Pantai and in Turkey, Acibadem.

With an integrated healthcare model ranging from acute care, imaging, labs and education for healthcare professionals, IHH has been able to develop scale advantages to drive cost efficiencies.

“Its size and scale should enable it to invest in leading-edge technologies and attract top medical talents, which in turn should lead to enhanced clinical outcomes. In addition, IHH appears well-positioned to tap into the rising demand for private healthcare services in Asia and CEEMENA,” said Nomura.

However, Nomura pointed out that IHH was also one of the more richly-valued healthcare services groups globally, adding that its rich valuation posed a risk of under-performance for investors, while high street expectations might further undermine the share price performance should earnings disappoint.

“We see the potential for earnings disappointment, especially with losses from the newly-opened Mount Elizabeth Novena Hospital and the drag on margins from the company's capacity expansion in Malaysia and Turkey,” it added.

Parkway Holdings Ltd was taken private in Aug 2010 by Khazanah Nasional Bhd after a bidding war which valued Parkway at S$4.4bil (RM11bil).

At that point, Parkway owned 40% of Pantai Holdings in Malaysia, while Khazanah owned the majority 60%. After the takeover, Parkway was restructured under IHH, which culminated with IHH owning 100% of Pantai Holdings.

In Sept 2010, IHH acquired the remaining 32.5% interest in IMU Health, a healthcare educational institute, for RM110mil, making it a wholly-owned subsidiary. In May 2011, Japan's Mitsui & Co Ltd acquired a 30% stake in IHH for RM3.3bil.

Expanding its reach outside Asia in January this year, IHH acquired a majority 60% stake in Acibadem, the largest private healthcare group in Turkey for US$826mil.

Acibadem owns a network of 13 hospitals and two medical centres in Turkey and one overseas hospital in Macedonia. Since its inception in 1991, Acibadem has become one of the few integrated healthcare franchises in Turkey offering comprehensive acute care medical services coupled with state-of-the-art facilities and equipment.

In Singapore, IHH added a new hospital following the opening of its 333-bed Mount Elizabeth Hospital in July this year. Total cost of the hospital (excluding medical suites) was S$1.3bil (RM3.2bil).

In two years since the takeover of Parkway, IHH has transformed itself into a diversified healthcare group with franchises serving Asia and CEEMENA.

Nomura estimated that Singapore and Malaysia contributed 29% and 28%, respectively, to IHH's group FY13 operating profit, while Turkey contributed 29%.

Tea Secret Drinks Buy 1 Free 1 Deal

 

Location:
Tea Secret Queensbay outlet
 

Details:
Tea Secret is offering Buy 1 Free 1 deal for any drink for same value or lower in conjunction with Queensbay Mall 1st Anniversary as appreciation to your continuous support.

Promotion period:
25 – 31 October 2012 (12.01pm to 6.59pm)

Terms & Conditions:
1. Purchase any drinks with toppings & choose any drinks inclusive of 1 free toppings of your choice while stock last.
2. Size of the free drinks will be based on the size of the drinks purchased.
3. This promotion is no valid in conjunction with other promotions, discounts or membership privileges.
4. Smoothie Series is not applicable for the promotion.
5. Management reserves the right to amend the promotion without prior notice.

KFC Promotions

KFC Zinger Double Down Combo Special RM9.95

Location:
All KFC outlets in Peninsular Malaysia ONLY, except KLIA, LCCT & Genting Details:

Details:
Enjoy a KFC Zinger Double Down Combo Special at RM 9.95 only

Promotion period:
EVERYDAY from 12pm -3pm and 6pm – 9pm

Terms and conditions:
Price are subject to 6% Government tax.
While stock last.
Other terms and conditions apply

----------------------------------------------------------------------------------------------------------------------------

KFC Enjoy 25% Off for One Snack Plate Combo

Location:
KFC restaurants in Malaysia (except KLIA and LCCT). Include West and East Malaysia

Details:
25% OFF KFC Snack Plate Combo. NO PRINTING OF COUPONS required.

Terms and conditions:
1. Valid in KFC restaurants in Malaysia (except KLIA and LCCT).
2. Valid for Snack Plate Combo only.
3. Validity period starts from 22 – 24 October 2012 from 3pm-6pm only.
4. Prices may vary by location.
5. Valid for dine-in, take away and drive thru transactions only.
6. Not exchangeable for cash
7. Not valid for catering and bulk sales.
8. Not valid with any other promotions, discounts or vouchers.
9. Price subject to 6% Government tax.
10. Serving featured is for illustration purposes only.
11. Offers and conditions are subject to change without prior notice.

DiGi 3Q 2012 report

DiGi 3rd quarter for year 2012 report release today.  It's a good report with net profit up 7.84% and EPS up 7.98%.

What's an excited me is their dividend declared.  Total dividend = 4 cents (3rd interim div) + 8 cents (Special div) = 12 cents div (Single Tier).  Unexpected special dividend declared in this quarter as I thought should be 1Q next year 2013.  So, for the year 2012 up to 9 months, i.e. 3 quarters, total dividend is 23.8 cents [5.9 (1st interim) + 5.9 (2nd interim) + 4 (3rd interim) + 8 (Special)].

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DiGi Q3 earnings up 7.8% to RM313.3m, dividend 12 sen

KUALA LUMPUR: DiGi.com Bhd's earnings rose 7.8% to RM315.37mil in the third quarter ended Sept 30, 2012 from RM 292.44mil a year ago and has committed RM700mil to RM750mil to grab a bigger share of the mobile internet and broadband market.

It said on Tuesday, its revenue showed a 4.1% increase to RM1.582bil from RM1.519bil. Earnings per share were 4.06 sen compared with 3.76 sen.

DiGi announced a third interim tax exempt dividend of 4.0 sen per ordinary share and a one-off special tax-exempt dividend of 8.0 sen for FY ending Dec 31, 2012.

"The special dividend will be paid from proceeds of the two previously announced capital management initiatives and with this payment, DiGi will have completed the entire cash payout of this capital management initiative," it said.

DiGi said for the quarter under review, mobile internet customers, which also comprise customers who use feature-phones, increased to 5.6 million from 5.4 million.

Its chief executive officer Henrik Clausen said data revenue currently accounts for close to 31% of its total service revenue in the first nine months of the current financial year, and the company would continue driving focus on delivering a quality experience of its data network to ensure sustained revenue growth in this area,

For the nine-months ended Sept 30, 2012, its earnings rose 11.6% to RM960.19mil from RM860.16mil in the previous corresponding period. Its revenue increase by 7.08% to RM4.731bil from RM4.418bil.

"We had committed to invest between RM700 and RM750 million this year as part of our network modernisation programme to cater to the increased demand from data users," said Calusen.

He pointed out DiGi was at the halfway point of rolling out its modernised Tomorrow Network as it sought to provide access to high-speed internet and next-generation services for all its customers.

"In the first nine months of 2012 we have pushed harder than ever to make data accessible and affordable to everyone on a mobile device, and meet our customers' demand for high quality mobile internet experience," Clausen added.

DiGi expecting another good quarter

Source from: The Edge Financial Daily

AirAsia Supremo Tony Fernandes Finally Says Yes To KLIA2

KUALA LUMPUR, Oct 22 (Bernama) -- Frills-free airline, AirAsia Bhd, is now positive on its impending shift to the new low-cost carrier terminal, KILA2, in Sepang, Group Chief Executive Officer Tan Sri Tony Fernandes said.

He said the budget carrier will move its operations to the new airport as soon as it was ready.

The spanking new airport is expected to start operations in April next year.

"The move to the new airport will make AirAsia more stronger," Fernandes said in his latest update on Facebook.

"Looking at our new terminal at KLIA2. Looks cool. Be ready in April. Will make us stronger. We (will) move in as soon as (it's) ready.

"(I've) Been briefed by Aireen Omar (AirAsia Malaysia Chief Executive Officer). We're all positive of the move. Will make AirAsia stronger," Fernandes, now based in Jakarta, said.

Aireen, who took over from Fernandes in July, enjoyed good working relationship with Malaysia Airports Holdings Bhd (MAHB), particularly with MAHB Managing Director Tan Sri Bashir Ahmad.

Aireen had told Bernama that AirAsia was working hand-in-hand with MAHB to discuss and resolve outstanding issues between them with regard to KLIA2.

"I've been personally engaging with Tan Sri Bashir to discuss certain issues on KLIA2," she had said.

The KLIA2 is slated for operations in April next year, handling 45 million passengers in maximum capacity a year.

-- BERNAMA

数码网络第三季净利料双位数成长

（吉隆坡18日讯）在较高数据收入与较低税率带动下，市场预计数码网络（DIGI，6947，主板基建股）2012財政年第三季可取得双位数的净利成长，且將派发每股5.9仙第三次中期股息。

肯南嘉投行分析员预测数码网络將在10月23日公佈的2012財政年第三季业绩中，净利將按年成长14%，至3亿3000万令吉。

分析员表示，净利成长將由较高的语音和数据收入，以及较低的税率扶持，包括移动宽频网络设施的税务津贴。

同时，分析员相信该集团將在第三季派发与前两季相当的5.9仙股息。全年预计派出23.3仙股息，换算成週息率为4.3%。

网络升级工程完成一半

另一方面，数码网络现代化网络计划在2011年12月开始实施，其中超过2500个地点已成功升级，相信將在2013財政年完成其余3000个需升级地点。

网络升级具备长期演进技术（LTE），可让该集团槓桿化现有的网络设施，並可提供如光纤般的速度，以支援即將面市的LTE移动设备。

隨著网络升级工程已进行了一半，分析员相信数码网络在即將来临的业绩匯报会上，將提供更多关于数据和宽频的发展讯息。

据分析员了解，数码网络计划更积极推动宽频市场，未来重心將从中小屏幕如智能手机和平板电脑的数据市场，转移至大屏幕行列，如宽频市场。

如同2012年上半年，数码网络数据收入占其服务收入的30.5%，去年同期为27.5%。该集团有240万名客户，或占总客户的23.5%，属智能手机用户，但活跃使用手机宽频的用户仅达32万人。这显示数码网络的数据营业额在未来仍有充足的成长空间。

在等待数码网络公布第三季业绩的同时，分析员维持该集团2012至2014財政年的盈利预测。目前，分析员將数码网络的合理价格设在5.20令吉，维持「与大市同步」评级。

ASTRO IPO debut on 19-20-2012

IPO:    RM 3.00
Open:  RM 3.03
High:   RM 3.11
Low:   RM 3.00
Close: RM 3.00

Astro debut on main board today with opening price of RM 3.03, i.e. 1% above IPO price.  It's not what anyone expected.  Everyone must think that this counter would perform almost the same like FGV or IHH.  I think most would think that this IPO with 22 cornerstones support should open with premium at least 5% or even more.

Before closed morning session, it hits as high as RM 3.11, i.e. 3.667% premium  While it closed with the price as IPO price.  For those applied via IPO must be disappointed with the debut result today.  It's not worth to waste time to apply from IPO while actually can get it from today with the same IPO price of RM 3.00.

I believe this counter might be good to hold for long term with the attractive dividend policy of 75%.

Good luck for those still holding it.

 -------------------------------------------------------------------------------------------------------------

Astro surprises with weak debut after US$1.5b Malaysia IPO

KUALA LUMPUR, Oct 19 — Pay-TV firm Astro Malaysia Holdings Bhd closed flat in a weak market debut today on concerns its valuation was too high, underperforming other recent big listings as Kuala Lumpur’s booming IPO market looked set to lose steam next year.

Malaysia has defied the market gloom that has seen the value of new listings drop by more than half in the Asia-Pacific excluding Japan this year, becoming the top IPO destination in the region on the back of several government privatisations and a strengthening economy.

But after such a robust 2012, and with Astro’s US$1.5 billion (RM4.5 billion) sale marking the last major listing until the first quarter of next year, the market is expected to cool off.

“For Malaysia, we will see some setback because all the bigger ones have been listed this year,” said Kaladher Govindan, head of research at TA Securities.

“Most of them are somehow government-linked companies. So you don’t have bigger private entities getting listed. It may run out of steam in the second half of next year.”

Astro shares rose as much as 3.7 per cent before erasing gains to close at RM3.00, unchanged from the offer price in Malaysia’s third-biggest IPO this year. Analysts polled by Reuters had expected a rise of at least six per cent.

The IPO by Astro, controlled by Malaysia’s second-richest man Ananda Krishnan, followed Felda Global Ventures Holdings Bhd’s US$3.3 billion offering in June and IHH Healthcare Bhd’s US$2.1 billion flotation in July.

By comparison, Felda, a palm oil firm, rose 16.5 per cent higher on its first trading day. Hospital operator IHH had gained 10.5 per cent on its debut.

“When compared to Felda and IHH, they are big government-linked companies, and investors are more confident in government-backed firms,” said Choo Swee Kee, who oversees some RM700 million worth of assets as chief investment officer at Kuala Lumpur-based TA Investment Management Bhd.

“On the other hand, Astro is more of a privately owned company, that explains its weaker share price performance on its debut today.”

‘Upside potential’

Astro, which also counts state investor Khazanah Nasional Bhd as a major shareholder, returned to public markets after it was taken private in 2010.

Today’s closing price gives Astro a market value of RM15.6 billion, nearly double the RM8.3 billion it was worth when it was taken private.

The price of RM3.00 would translate to a price-to-earnings ratio of 32 times based on estimated earnings per share in fiscal 2013, TA Securities said.

“There were a lot of concerns earlier that the IPO was priced at a hefty price tag, in terms of price-to-earnings ratio,” TA Securities’ Kaladher said of Astro’s share price performance today.

Still, Astro has a near-monopoly in Malaysia’s residential pay-TV market with a subscriber base of 3.1 million, which some analysts said would support the share price in the longer term.

“While its IPO valuation may not appear cheap initially, there is upside potential given the existing low pay-TV penetration of 46 per cent,” Kong Heng Siong and Chan Jit Hoong, analysts at OSK Research in Kuala Lumpur, wrote in a recent report.

Astro will also likely see an increase in average revenue per user as subscribers migrate to high definition TV platforms, while high entry barriers to the industry due to capital expenditure requirements would limit competition, they added.

In its IPO, Astro sold shares at the top end of a marketing range, bolstered by strong demand from cornerstone investors such as US hedge fund Och-Ziff Capital Management and Standard Pacific Capital. The institutional portion of the IPO, or 20.8 per cent of the total, was more than 30 times oversubscribed.

IPO pipeline

The flurry of deals has more than quadrupled Malaysia’s 2012 IPO tally to about US$7.5 billion, accounting for nearly one-quarter of all new listings in the Asia-Pacific excluding Japan this year. That compares with Hong Kong’s US$1.83 billion and Singapore’s US$3.97 billion so far this year, Thomson Reuters data shows.

In Singapore today, units of Religare Health Trust , which owns hospital-related assets, plunged as much as 10 per cent below the initial offering price of S$0.90 in their market debut. The trust, whose assets are managed by Indian hospital group Fortis, raised US$416 million through an IPO.

Malaysia’s next major listing will be the planned US$1 billion offering for independent power producer Malakoff, 51 per cent-owned by MMC Corp Bhd, in the first quarter of next year.

Westports Malaysia Sdn Bhd, operator of the country’s busiest port, is looking to raise as much as $500 million in an IPO in the second quarter of 2013.

The founders of Malaysia’s AirAsia Bhd, Tony Fernandes and Kamarudin Meranun, are also set to kick off an IPO spree in 2013 with three listings worth more than US$500 million.

Astro’s IPO was being handled by CIMB Group Holdings Bhd, Malayan Banking Bhd and RHB Capital Bhd . Several foreign banks were also advisers, including UBS AG, Credit Suisse Group AG, Goldman Sachs Group Inc and JPMorgan Chase & Co. — Reuters

Westports looking to raise US$500m from IPO

KUALA LUMPUR: Westports Malaysia Sdn Bhd, operator of the country's busiest port, is looking to raise as much as US$500 million (RM1.5 billion) in an initial public offering (IPO) in the second quarter of 2013, two sources with direct knowledge of the plan said.

The funds raised from the IPO will help Westports expand Port Klang, which has reported double-digit growth in container handling over the last five years.

Westports, which counts Hutchison Port Holdings and Khazanah Nasional Bhd as shareholders, is launching an IPO at a time when privatisation schemes and economic growth have cemented the country's position as Asia's top destination for initial share sales.

"Although the roles of bankers are not confirmed yet, Malayan Banking Bhd will likely lead the deal," said one of the sources yesterday, declining to be identified as the matter was still private.

Credit Suisse Group AG and Goldman Sachs Group Inc will also help arrange the sale, said the second source.

Westports officials were not immediately available to comment.

The IPO would follow the planned US$1 billion (RM3.03 billion) offering for independent power producer Malakoff Corp Bhd, 51 per cent-owned by MMC Corp Bhd, in the first quarter of next year.

The founders of Malaysia's AirAsia Bhd, Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, are also set to kick off an IPO spree in 2013 with three listings worth more than US$500 million (RM1.5 billion).

Malaysia accounted for US$7.9 billion (RM24 billion) of the US$30.03 billion (RM91 billion) worth of new listings in the Asia-Pacific region this year, according to Thomson Reuters data.

By comparison, IPOs in Hong Kong have raised US$1.81 billion (RM5.5 billion) and those in Singapore US$3.44 billion (RM10.4 billion).

Headed by Tan Sri G. Gnanalingam, Malaysia's 24th-richest man according to Forbes, Westports helped move Port Klang a notch higher to the 13th spot in the world port traffic league last year, according to the Westports website.

The port has been recording 20 per cent growth in TEU (twenty-foot equivalent container units) over the last five years. Reuters

Read more: Westports looking to raise US$500m from IPOhttp://www.btimes.com.my/Current_News/BTIMES/articles/20121017234358/Article/index_html#ixzz29ewwU0oC

Sunway Lagoon Theme Park All Parks Ticket Price @ RM20

 

Location:
Sunway Lagoon Main Entrance
 

Contact:
03-5639 0000
 

Details:
The 1st 1,000 Malaysians will enjoy Sunway Lagoon All Parks ticket (5 parks - Water Park, Amusement Park, Wildlife Park, Extreme Park & Scream Park) at ONLY RM20 on the 20th of every month.

Promotion period:
20th of every month (October 2012 to March 2013)

Terms and conditions:
1. This promo is valid on the 20th of every month starting Oct 2012 to March 2013.
2. This promo is applicable for the first 1,000 Malaysians only.
3. Original myKad must be presented upon purchase of tickets.
4. ONE myKad is valid for ONE All Parks ticket purchase only.
5. Not exchangeable for cash or for sale.
6. Not valid with other on-going promotions, group purchases or functions.
7. Ticket(s) must be purchased at Sunway Lagoon main entrance ticketing counters.

KFC SNAX Card Perks of Month October 2012

Location:
All participated KFC restaurants in Malaysia.

Details:
Present your SNAX Card and get Free 1 Regular Potato Wedges with every purchase of Zinger Double Down Combo Deal.

Terms & Conditions:
1. Valid with purchae of Zinger Double Down Combo only.
2. SNAX Card must be presented prior for ordering.
3. Limited to 2 offers per card per transaction.
4. Not valid for other promotions and discount offers.
5. Offers and conditions area subject to change without prior notice.
6. Price subject to 6% Government Tax where applicable.
7. Valid at all KFC Restaurants in Malaysia only
8. Validity period starts from 15th October 2012 until 15th November 2012.

Digi.com leads telcos on earnings quality

Digi.com Bhd has emerged as the best performer on earnings quality among five companies in Malaysia’s telecom services sector, tracked by at least three analysts, data from Thomson Reuters StarMine shows.

Digi.com, Malaysia’s thrid-largest mobile phone operator, has the highest possible Earnings Quality (EQ) score of 100.

The operating and net margins for the second quarter ended June 2012 were ahead of industry averages by 8 percentage points.

Of the 29 analysts tracking the stock, six give it a ’strong buy’ or ’buy’ rating, 17 recommend a ’hold’ and six rate it a ’sell’ or ’strong sell’.

The company also has a score of 87 in the SmartHoldings Model, suggesting potential increase in institutional ownership.

The stock is up over 40 per cent so far this year, while the broader index gained 8.02 per cent in the same period, as of Tuesday’s close. The had stock hit a 52-week high at RM5.52 on October 9.

At the other end of the spectrum, Time Dotcom lags the sector with an EQ score of 5. - Reuters

Read more: Digi.com leads telcos on earnings qualityhttp://www.btimes.com.my/Current_News/BTIMES/articles/20121017151650/Article/#ixzz29YiqviSc

DiGi.COm advances against the odds

The Manhattan Fish Market FREE GUMMY BEAR + Chowder

Details:
FREE GUMMY BEAR + Chowder with any order of the “NEW ALERT” item shown in the coupon! (SAVE RM 16.4) PRINT coupon to enjoy the deal. Only available from 15th – 19th Oct 2012. Offers is limited to ONE redemption PER customer PER transaction. Photocopied or black and white coupons are allowed. Coupon must be presented upon ordering. Terms and conditions apply. Please go and check it out now.


Terms and Conditions:
1. Valid at The Manhattan FISH MARKET Malaysia restaurants.
2. Offers is limited to ONE redemption PER customer PER transaction
3. Valid from 15th Oct – 19th Oct 2012.
4. Not valid with other any promotions/discount/vouchers.
5. Photocopied or black and white coupons are allowed. Coupon must be presented upon ordering.-The Manhattan FISH MARKET reserves the rights to change or amend the terms and conditions without any prior notice.
6. All prices are subject to service charge & applicable Govt. taxes.

Burger King Buy 1 FREE 1 offer (3 days only)

 

Location:
ALL Burger King Malaysia outlets except KLIA and Sabah outlets.

Details:

Burger King 3 Dyas Flaming Deals. FREE 1 ala carte Spicy Chick n Crisp when you buy 1 Spicy Tendercrisp Value Meal

Promotion period:
3 days (15th - 17th October 2012)

Terms and conditions:

1. While stocks last.

2. All prices subjected to 6% Gov Tax.

3. Cash Term only.

4. Burger King reserves the right to replace any offer with another product of similar value without prior notice.

5. This offer is not valid with any promotions and BK Delivery.

6. No printed coupon needed.

News on AirAsia

实力强稳 品牌优势 亚航可保领导地位

（吉隆坡13日讯）亚洲航空（AirAsia，5099，主板贸服股）近期频传企业活动，但整体对亚航影响不大，就算新竞争对手明年进场，分析员相信实力坚强的亚航将能持稳。

亚航有意联合收购印尼巴达维亚航空（Batavia Air）昨天传告吹，侨丰投资研究分析员对这最新消息不感意外，因为亚航上个月曾在一场说明会暗示分析员和投资者。

分析员点出，巴达维亚航空目前负债4000万美元（约1亿2240万令吉），亚航没理由冒险承担该公司债务和陈旧机队。

针对亚航以1600万令吉增持Tune保险控股公司20%股权，他指后者首次公开献售的详情还未出炉，但盈利潜力强稳，能够支撑亚航的扩展计划。

无论如何，侨丰投资研究仍然看好亚航，并认为新竞争对手Malindo廉航将造成负面影响的说法外界过度渲染，所以预期亚航明年受Malindo廉航的影响将与去年飞荧（Firefly）的影响相差不远。

拉昔胡申研究分析员则认为，Malindo廉航将破坏亚航垄断国内廉价飞航市场，但亚航有很强的抵抗力，包括亚航的真正廉价模式、资产负债表强稳、规模更大、品牌备受认可及纪录优良。

侨丰投资研究维持“买进”投资评级与3.91令吉目标价，并推算亚航考虑让3家公司挂牌、加上泰国联号公司最新市值23亿6000万令吉，相对于领域平均的12倍本益比，亚航2013财年本益比只有8.4倍很有吸引力。

拉昔胡申研究维持“短线买入”评级及3.63令吉目标价不变。 

报道：翁慧琪 

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最快2016重飞伦敦巴黎

 （韩国釜山13日讯）亚航集团总执行长丹斯里东尼费南德斯透露，考虑最快在2016年恢复亚航X（Airasia X）的伦敦与巴黎航线。

据《商业时报》报道，东尼说亚航X之前决定飞巴黎和伦敦航线是一大失误，但不排除重飞3月取消的航线。

他透露，新飞机交机后，集团将考虑2016年重飞上述航线。

亚航今年初亦因成本上升，取消孟买和新德里航线。

《星报》引述东尼的话说，正在考虑上市Tune集团，不过，他不愿透露更多详情。

东尼说：“短期内没有计划，但的确有此想法……（Tune集团）业务横跨东协国家，以集团方式挂牌会是一项合理的行动。实际上，我才刚发电邮给管理团队了解相关数据。”

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Tune 保险首次公开发售2.1亿股

（吉隆坡13日讯）亚航旗下保险臂膀———Tune保险，计划在大马交易所主要市场上市，首次公开发售（IPO）2亿1022万4929股。

Tune保险已呈交初步招股书予证券监督委员会，但未透露上市时间表和献售价。

路透社稍早前报道，东尼和亚航集团副总执行长拿督卡马鲁定共同持有的Tune集团，将在明年进行多达3项上市计划，包括Tune保险和亚航X。

新股1亿

根据初步招股书，Tune保险成立于2011年6月14日，旗下业务为寿险和普险业务以及网络保险业务。

公开发售的2亿1022万4929股中，1亿4337万4929股为新股，大股东献售则为6685万股。

公开发售的新股中，4134万6800股供大马公众、公司、机构以及合格董事、职员与公司相关伙伴认购。

其余的1亿202万8129新股和大股东献售，将献售给机构投资者，包括大马机构、获财政部批准的土著机构、外国机构和指定投资者。

招股书中也提及，新股每股面值10仙，Tune保险的缴足股本将会在上市后扩大至7亿5176万9股，相等于7517万6000.9令吉。

通过上市计划所筹集的资金将用作偿还银行贷款、营运资本、策略投资和支付上市费用。

2012年上半年，Tune保险营运营收为6769万3000令吉，净利则为1663万3000令吉。


Source from: http://www.nanyang.com

TA on HEXZA

Support: 0.62 / 0.64
Resistance: 0.61 / 0.60

Spotted little bullish based on chart above due to coming dividend announcement?  If look back to the last year's movement, the next day gap up after 10% dividend is announced on 24th of October 2011.

Based on their dividend history, I believe they are going to announce dividend soon or anytime at the end of October.  Expected before or after Hari Raya Haji?  Let's wait and see how its perform next week.

Popular Bookstores Storewide Members Rebate Up to 70%

Location:
All participated Popular Book Store

Details:
Popular Bookstores is having its Storewide Members Rebate Promotion now. Enjoy up to 70% rebate for members. Excusively on Chinese Books. Terms and conditions apply. Please go and check it out now. 

Hektar trailing its larger peers

Above news is from The Edge Financial Daily.

Green light for CPO export tax cut

CABINET DECISION: Approval is a means to stem falling prices and help refiners become more competitive


THE Cabinet has agreed to lower crude palm oil (CPO) export tax from the current 23 per cent as a means to stem falling palm oil prices, Plantation Industry and Commodities Minister Tan Sri Bernard Dompok said.

CPO prices had been on the downtrend for months but three weeks ago, it suddenly plunged. On October 2, palm oil posted its biggest loss in nearly three years. It tumbled nine per cent to RM2,255 per tonne - its steepest daily drop since the 2008 financial crisis.

But since news reports of a possible cut in CPO tax surfaced a week ago, palm oil prices had risen and started to stabilise at around RM2,400 per tonne.

Yesterday, the third-month benchmark CPO futures traded RM19 higher to close at RM2,457 per tonne.



"The Cabinet has approved the lowering of the CPO tax, but we've not decided on the quantum," Dompok said, suggesting that it might be known tomorrow.

He was speaking to reporters after officiating at the opening of the International Rubber Technology and Economic Congress 2012 here yesterday.

Palm Oil Refiners Association of Malaysia (Poram) had proposed to the government to lower the CPO export tax to between eight and 10 per cent and do away with duty-free CPO.

The association suggested that by mirroring the tax margin between Indonesia's CPO and refined palm oil, Malaysia's refiners can at least stand a chance to compete based on existing infrastructure and plant efficiency.

Oil palm planters, while admitting the lowering of the 23 per cent CPO tax would allow refiners be more competitive, said a more practical rate is between four and five per cent.

"The proposed rate of between eight to 10 per cent is still prohibitive. If the CPO tax rate is lowered to between four and five per cent, it is still bearable for planters," a Sabah-based planter reportedly said.

To a query if the government plans to do away with duty-free CPO, Dompok said: "I'm aware that Poram's request is a two-pronged mechanism. All these details will be discussed this Friday."

Yesterday, Malaysian Palm Oil Board reported that September palm oil stocks rose 17 per cent to 2.48 million tonnes from 2.11 million tonnes in August.

In response, Dompok said both Indonesia and Malaysia, the world's two biggest palm oil producers, are seeking to support prices by reducing stocks through more domestic usage of the commodity.

"We want to create more domestic demand for CPO by extending biodiesel usage nationwide. Currently, the B5 mandate only covers petrol stations in the central states of Peninsular Malaysia," he said.

B5 is a blend of 95 per cent regular diesel with 5 per cent palm biodiesel.

"When the B5 mandate is extended nationwide, the production of biodiesel will take up about 500,000 tonnes of palm oil. This will help to considerably reduce the current high palm oil stock level," he said.

"The government has, so far, spent more than RM50 million to pay for the blending facilities at petroleum companies' depots. We hope to extend this initiative to all 36 fuel depots nationwide by year-end," he added.

Read more: Green light for CPO export tax cuthttp://www.btimes.com.my/Current_News/BTIMES/articles/20121011011000/Article/index_html#ixzz28zvfje5V



It's a good news for plantation counters.

AirAsia founders set to kick off IPO spree in 2013 with 3 listings

KUALA LUMPUR: AirAsia Bhd founders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun, are set to kick off an initial public offering (IPO) spree in 2013 with three listings worth more than US$500mil (RM1.57bil).

The plan comes at a time when privatisation schemes and economic growth have cemented Malaysia’s position as Asia’s top destination for IPOs, accounting for US$7.9bil of the US$30.03bil worth of new listings in Asia Pacific this year, according to Thomson Reuters data. By comparison, IPOs in Hong Kong have raised US$1.81bil and those in Singapore have raised US$3.44bil so far this year.

Tune Group, a financial services-to-discount hotel conglomerate owned by Fernandes and Kamarudin, is expected to launch US$65mil (RM204mil) IPO of its insurance arm, Tune Insurance, not later than the first quarter of 2013, according to two sources with direct knowledge of the deal.

“They are looking at a market capitalisation of US$260mil,” one of the sources told Reuters yesterday, declining to be named as the matter was still private.

CIMB Group Holdings Bhd, ECM Libra Financial Group Bhd and RHB Capital Bhd were involved in the flotation, said the second source.

Fernandes and officials with Tune were not available to comment.

Meanwhile, AirAsia’s long-haul arm, AirAsia X, recently hired CIMB, Malayan Banking Bhd and Credit Suisse Group AG for a US$250mil IPO expected early next year.

The group is looking to list its Indonesia operations, Indonesia AirAsia, by the first quarter of next year in a deal that could raise up to US$200mil.

The listing plans also come at a time when Fernandes is stepping down as the chief executive officer of the Malaysian-listed airline to focus on regional growth through Indonesia.

The group’s plan to buy up to 100 Airbus jets, potentially worth US$9bil, is designed to fuel the growth of what is becoming a cluster of related airlines under Fernandes, who placed a record order for Airbus jets last year.

With an operating fleet of more than 116 aircraft, AirAsia has ordered a total of 375 Airbus jets as part of dramatic expansion plans that include the acquisition of Indonesia’s Batavia Air. AirAsia has said it will accelerate deliveries as rising demand helps it offset high fuel costs.

Not all analysts are convinced by AirAsia’s expansion plans. Some local bankers say profits could be crimped by pressure from potential losses at start-up units in the Philippines and Japan and competition from new players such as Malaysia’s Malindo Airways next year. AirAsia’s shares have fallen 20.26% in the past three months. — Reuters

There are 3 coming IPOs from AirAsia:

• Tune Group
• AirAsia X
• Indonesia AirAsia

Opposition questions reliability of Lion Mentari Air in Malindo deal

KUALA LUMPUR: The opposition has questioned the reliability of Lion Mentari Air, claiming that the Indonesian Airline, which was recently acquired as a partner to set up low-cost airline Malindo Airways, has been banned in the European Union (EU) for failure to comply with safety requirements.

DAP national publicity secretary Tony Pua told reporters in Parliament that Lion Mentari Air, which runs under its parent company PT Lion Group, has been blacklisted from flying into the EU and is on a list of globally banned airlines which can be found on the European Commission website (http://ec.europa.eu).

Malindo Airways which was set up in partnership with National Aerospace and Defence Industries (NADI) and PT Lion Group was launched recently by the Prime Minister, and is expected to begin operations in May 2013 with its base in KLIA 2.

Pua also raised concerns over reports that several Lion Air pilots were caught late last year and early this year for drug misuse.

"There is genuine concern over the financial integrity and credibility of a company which has failed to submit audited accounts over the past five years, as well as the operational credibility of Lion Air in ensuring its passengers' safety," he said.

Seem like it's a negative news to Malindo.  On the other side, it's good news for AirAsia.

Häagen-Dazs Promotions

Häagen-Dazs Buy 2 Free 1 Scoops Promotion

Location:
All Haagen-Dazs Cafe outlets in Malaysia

Details:
Moments of Indulgence with Häagen-Dazs
Enjoy a complimentary single scoop with every double scoop purchase*

Purchase any dine-in creation and get 1 complimentary scoop voucher **

Terms and Conditions:
* Promotion is valid for takeaway scoops only
* Additional charge for waffle cone, FOC single scoop is not inclusive of toppings
** Every dine in creation will entitle to 1 free one scoop voucher

Haagen Dazs Malaysia 20% OFF Fondue Coupon

Details:
Print out & Present your Haagen-Dazs Coupon via link below to enjoy 20% OFF The Most-loved Haagen-Dazs Creation: Fondue at all Haagen-Dazs Cafe in Malaysia !!!

Date:
8 - 14 Oct 2012

Terms & Conditions:
-Not valid with other discounts, promotions and Häagen-Dazs vouchers.
-Häagen-Dazs card members are not entitiled to further discounts.
-While stocks last.
-Only printed vouchers are accepted.
-Häagen-Dazs reserves the right to amend these terms and conditions without prior consent.
-Only persons age 18 and above are entitled to the discount.

DiGi to close gap with rivals

AFTER years of competing on an uneven playing field, DiGi.Com Bhd - the country's third largest mobile operator - believes it is only a matter of time before it closes the gap with its rivals.

The company is currently in the midst of a three-year transformation agenda, which ultimately allows it to compete better against rivals in terms of quality of services as well as prices.

The transformation is crucial, especially when the telecommunications industry is moving from being voice centric to being data centric. On top of that, the competition is constantly increasing.

"There are two things you need to make sure in order to make data profitable - first is to ensure that you can provide the capacity and coverage at the right cost and therefore the right price, and that's why we are currently in a transformation agenda.

"All that is to drive down our unit cost. By driving down unit cost, we will be able to support the demand of our customers in a profitable way," chief executive officer Henrik Clausen said in an interview with Business Times recently.

The company's transformation agenda covers various aspects, from its network to its IT infrastructure, to its distribution work.

DiGi is embarking on a network-swapping exercise - swapping the older equipment with newer ones that could handle all 2G, 3G and the Long-Term Evolution (LTE) technologies under one platform.

By doing this, DiGi will be able to offer the services based on LTE technology as soon as the 2600Mhz is awarded by the government.

LTE is also commonly known as a 4G technology, which can support significantly higher download and upload speed against the currently popular 3G technology.

"About half of our entire 5,500 base stations have been swapped and are LTE-equipped. By early next year, our entire network will be swapped and LTE-ready," said Clausen.

Besides the swapping of its network, the company is also teaming up with Celcom Axiata Bhd to share base station sites and to build fibres. By the end of this year, the partnership is expected to have built about 1,000km of fibres.

Clausen added that with the LTE technology and fibre in place, it will allow DiGi to re-enter the big screen mobile broadband market more effectively.

The company has over the recent quarters, decided not to focus so much in selling large-screen mobile broadband services. (Large screen mobile broadband services are services that allow one to surf the net via their laptop or notebook. Small screen and medium-sized screen broadband services are those that allow one to get data services on their mobile phone or tablets).

"We have not been very aggressive in driving our large-screen business, because we felt that at the current price points and current production costs, our capacity will be better used building small screen or mid-size screen like tablets business.

"Now, with the ongoing swapping networks, building fibre, consolidating sites, and hopefully getting more spectrum (specifically LTE), we will have a better cost structure to go into large-screen business again," explained Clausen.

Over the near term, the company, which has committed a capital expenditure of RM700 million to RM750 million in 2012, plans to boost its 3G coverage from about 50 per cent currently to 70 per cent in the first half of next year.

Apart from its network, DiGi has also reviewed its go-to-market approach in building a stronger retail setup and touchpoints to better reach out and engage with customers.

DiGi stores today have been refreshed and they offer consistent, franchise-like look and service, with real devices to ensure customers will enjoy the same quality of experience regardless of the outlets they visit.

The company has also implemented a new eCommerce platform with multi-channel capabilities and a range of new services via its online store.

For Clausen, although the transformation goes on track - which a bulk of the programme is expected to be completed next year - it does come with a number of challenges.

"When you are running voice business for 10 to 15 years, running a data is very different ... and what we realised over the past 1.5 years is that we can't just do that in incremental ways, but we need to take big steps as well.

"So one of the biggest challenges so far is to manage the transformation, to maintain prudent on costs, and at the same time, keep the growth momentum going," said Clausen.

It is also keeping its fingers crossed on the reallocation of the 900Mhz spectrum, so that it can reach out to a wider segment of the population.

DiGi currently has only four MHz of the 900MHz spectrum band, comprising two MHz it owns and two MHz it is leasing from. In contrast, its rivals Celcom and Maxis have more than 30MHz.

Read more: DiGi to close gap with rivals http://www.btimes.com.my/Current_News/BTIMES/articles/digi3009/Article/index_html#ixzz28idCI81A

Secret Recipe Buy 1 FREE 1 Promotion

Location:
All participated Secret Recipe outlets.

Details:
Secret Recipe is having its Buy 1 FREE 1 Promotion now. Visit their participating outlets on 15 October 2012, buy a Marble Cheese Cake and you get another one FREE from 11am onwards. Terms and conditions apply. While stocks last. Please go and check it out now.

Date:
15th October 2012 (1 day only)

Time:

11am onwards

DiGi pins hopes on long-term evolution network

SHAH ALAM: DiGi.com Bhd is almost ready to provide long-term evolution (LTE) speeds on its network and has already upgraded 50% of its sites across Malaysia to cope with the increased bandwidth speeds.

“We are still waiting for the final conclusion and final allocation. We are ready (on most sites) and this also involves other infrastructure upgrade.

“Part of our network modernisation was to put in place a network that is actually capable to cope with LTE type of services. So we are ready (on most sites) but there has been not (yet) any final communication to us on this matter,” DiGi chief executive officer Henrik Clausen told StarBiz in an interview.

Analysts who cover the telecommunications sector said LTE, also known as 4G, which is the next generation after 3G technology, offered higher speeds and would be the next growth driver for DiGi.com, given its appeal to the younger generation.

They added that the expected high take-up rates would compensate for the anticipated decrease in voice revenues moving forward.

Henrik said LTE could also boost the customers' adoption of smartphones and tablets as the newer devices would usually require the use of modernised networks to cope with today's technological advances.

“Moving forward, especially with LTE, data will be the main growth driver. LTE gives a better opportunity for us to serve larger screens in a more cost-effective way at price points that the customer is willing to pay,” Henrik said.

“An LTE network is an added opportunity on top of the 3G network. That is why we think that if we get the spectrum as seen in Norway (through Telenor, DiGi's parent company).

“We think that is an opportunity that we like to take and that Malaysia should take as well,” he added.

A case in point was the recent launch of Apple's iPhone 5, which is equipped with the LTE type of technology and will require an upgraded LTE network to make full use of its potential.

Henrik said DiGi was hoping to launch the LTE-ready iPhone 5 by the fourth quarter of this year.

“The launch will happen the way it used to happen with the past iPhone launches, with a very coordinated fashion across the Malaysian market with all the main three telcos,” Henrik said.

Earlier reports had stated that the Malaysian Communications and Multimedia Commission (MCMC) had named nine companies as recipients of the 2.6GHz spectrum band, which the telcos will utilise to provide LTE services.

These companies are DiGi, Celcom Axiata Bhd, Maxis Bhd and U Mobile; and four WiMAX players: Asiaspace Sdn Bhd, Packet One Networks Sdn Bhd, REDTone International Bhd and YTL Communications Bhd.

In June 2011, the regulator called for a re-submission from the players. A final decision on the award and allocation was supposed to have been announced in August 2011.

Astro IPO ballot table

Astro IPO price is fixed at RM3.00.  The tables above show the ballot results.  Let's wait for tomorrow after 5pm to check whether success get the IPO or not.  Fingers crossed...

电讯业预算案大贏家‧亚通和数码网络起最多

（吉隆坡2日讯）財政预算案效应持续发酵，通讯领域为箇中受惠户，各大电讯股股价涨声雷动，其中数码网络（DIGI，6947，主板基建计划组）和亚通（AXIATA，6888，主板贸服组）走势最强。

联昌研究指出，隨著政府公佈为特定群体提供200令吉的3G智能手机一次性回扣，这將提高智能手机的普及率，並推动小额屏幕数据需求，电讯领域將是2013年財政预算案的大贏家。

数码网络扬7仙
亚通起9仙

受上述消息提振，数码网络全日交投热络，扬7仙或1.33%至5令吉32仙，亚通起9仙或 1.38%至6令吉62仙，相比之下，马电讯（TM，4863，主板贸服组）和明讯（MAXIS，6012，主板贸服组）表现相对逊色，前者走高4仙或 0.65%至6令吉18仙，后者起1仙或0.14%至6令吉94仙。

肯纳格研究表示，从今年首半年强劲业绩表现来看，预期通讯领域成长动力將获得延续，其中明讯和 ASTRO公司在今年第四季联合推介宽频和网络电视（IPTV）配套，可能与“光纤到户＂（FTTH）市场领导马电讯展开激烈竞爭，但相信后者凭藉先行者 和网络持有人优势，將可捍卫市佔率。

“自今年初起，通讯领域呈现强劲涨势，今年为止平均总回酬达28.8%，超越富时综合指数的9.1%涨幅，我们相信隨著投资者在动盪市场寻找可观週息率股项，预见领域週息率主题將在第四季继续延烧。＂

Souce from: http://biz.sinchew-i.com/node/65762

RHB starts IHH with ’outperform’

KUALA LUMPUR: RHB Research initiated coverage of IHH Healthcare Bhd with ’outperform’ rating and fair value of 3.53 ringgit per share, citing strong earnings growth prospects for the world’s second largest private healthcare service provider through 2014.

“While valuations are relatively expensive at 33.5 times 2013 price-to-earnings ratio, we believe there is still room for valuations to move higher given its strong earnings visibility and wider network of hospitals, which could result in significant savings from better economies of scale compared to its regional peers,” the research house said in a note on Wednesday.

RHB forecast core net profit growth of 5.8 percent for IHH in 2012, 25.9 percent in 2013 and 26.0 percent in 2014.

“Singapore will be the main earnings driver for the company, driven by the gradual ramp-up of the new state-of-the-art Mount Novena hospital,” it added.

The counter dropped 0.31 percent to 3.18 ringgit per share, underperforming the benchmark index’s 0.07 percent rise.- Reuters

Read more: RHB starts IHH with ’outperform’http://www.btimes.com.my/Current_News/BTIMES/articles/20121003095950/Article/#ixzz28Edj2blr

AirAsia offers extra flights for CNY

 

AirAsia Bhd, the world's leading low-cost airline, is offering extra flights for the Chinese New Year, with all-in-fares
from as low as RM104 one-way from Johor Baharu.

The flights from Johor Baharu to Penang and Kuching have been increased to three times daily while flights from Johor Baharu to Miri is now 10 times weekly.

The airline said flights from Johor Baharu to Sibu are now 11 times weekly during the 15-day duration from Feb 6 to feb 19 next year, the budget carrier said in a statement.

The extra flights to and from Johor Baharu are available for booking now until the travel period. This promotion is available online at AirAsia's website www.airasia.com. -- Bernama

Read more: AirAsia offers extra flights for CNYhttp://www.btimes.com.my/Current_News/BTIMES/articles/20121003155908/Article/#ixzz28EdS3BV9

Tao-Cuisine RM10 FREE Cash Voucher Giveaway

Location:
Tao Authentic Asian Cuisine, Penang Times Square

Contact:
04-2285826

Details:
Tao Penang Times Square outlet Opening Double Promotions: 10% Off & RM10 Cash Voucher is giving away!

Price list:
Lunch Session - RM46++
Dinner Session - RM62++

Promotion period:
October 2012

Terms and conditions:
Each person will get one voucher and the voucher is only valid on next visit.

Häagen-Dazs 20% OFF e-voucher

Details:
Enjoy 20% off Haagen-Dazs creations (up to 5 creations).

Redemption method:
1. Visit the Indulgence Of The Week tab and like your favourite creation. Liking starts on Monday of each week and ends on Sunday.
2. The following Monday, a 20% off voucher will be issued for the most liked creation of the previous week.
3. The 20% e-voucher will be available on their Facebook page.
4. Print and present the e-voucher at participating Häagen-Dazs™ cafes to enjoy the discount.

Redemption period:
1 week from the date of voucher issued (Every Monday)

Promotion period:
1st October - 4th November 2012

Redemption outlets:
ALL Häagen-Dazs™ cafes in Malaysia

Terms and conditions:
1. 20% off vouchers are valid for a week from date of issue.
2. Valid at all Häagen-Dazs™ cafes in Malaysia.
3. Not valid with other discounts, promotions and Häagen-Dazs™ vouchers.
4.Häagen-Dazs™ card members are not entitled to further discounts.
5. While stocks last.
6. Only printed vouchers are accepted.
7. Häagen-Dazs™ reserves the right to amend these terms and conditions without prior consent.
8. HD Marketing & Distribution Sdn Bhd reserves the right to change or withdraw the promotion without prior notice.

Starbucks Own a Thermos and Enjoy 50% Off Every Time this October

Details:

Own a Starbucks Thermos now and enjoy 50% off in this October 2012

Enjoy your favorite beverage with the new exclusive Starbucks Stainless Steel Thermos and get 50% off every time this October.

*Terms and conditions apply

Burger King FREE 1 ala carte burger

Location:
ALL Burger King Malaysia outlets except KLIA and Sabah outlets.

Details:
Get 1 ala carte burger for FREE with every large value meal purchase. (Choose from Whopper JR or Spicy Chick 'N' Crisp)

Promotion period:
1st - 31st October 2012

Terms & conditions:
1. Voucher must be printed to redeem.
2. One free burger per large value meal.
3. Not valid with Hottest Deal, Delivery and other promotions.
4. Other terms & conditions apply.

AirAsia wins Business Traveller's inaugural best low-cost airline award

PETALING JAYA: AirAsia has been awarded the inaugural "Best Low-Cost Airline," a new category introduced by Business Traveller Asia-Pacific at the ceremony in Hong Kong.

The category was introduced in recognition of the growing force of budget carriers and AirAsia.

AirAsia Group chief executive officer Tan Sri Tony Fernandes said in a statement that it was an honour for AirAsia to be the first recipient of the prestigious award.

“As usual, an award win will not make us complacent. We will continue with our efforts to maintain our leadership spot by being cost effective and uphold our pledge in presenting our guests with unbeatable low fares and exceptional products and services,'' the statement said.

Business Traveller Asia-Pacific had sent out poll forms to subscribers who are regarded as some of the region's most experienced frequent travellers between April and June.

Source from: TheStar

HEKTAR right issue listing tomorrow

A total of 80,000,250 new right issue units will be listed tomorrow.
Green (>RM1.4) or Red (<RM1.39)?
Let's watch closely how will this REIT perform tomorrow.

KASSETS last day trade tomorrow

 

As refer to the above table, tomorrow is the last day trade for KASSETS before ex-distribution on 3rd of October 2012 (Wednesday) in order to entitle the IGBREIT shares + cash distribution later on.  These tranfered IGBREIT shares will be ready on 19th October 2012.  So, another batch of IGBREIT will be on board from 19th of October 2012 onwards.

DiGi to focus on mobile business for now

Over the near-term, chief executive officer Henrik Clausen does not foresee DiGi going into fixed-lined broadband business

KUALA LUMPUR: DiGi.Com Bhd, the country's third largest mobile operator with more than 10 million customers, said it will focus on growing its mobile business and has no immediate plans to go into the fixed-line broadband services.

"It's a matter of priority. We believe the mobile space still has plenty of opportunities. Over the near-term, I do not foresee us going into that (fixed-lined broadband) business," DiGi chief executive officer Henrik Clausen told Business Times.

Currently, there are only a few players offering high-speed fixed-line broadband services in the country and they include Telekom Malaysia Bhd, Maxis Bhd and Packet One Networks Sdn Bhd.

Celcom Axiata Bhd, the country's second largest mobile operator, has voiced its interests to offer such services in the near-term.



It is understandable why mobile operators are interested in offering fixed-line broadband services - it can help to boost the operators' revenue stream and retain the customers through the offering of more services in bundled packages.

"It's not that customers will want to buy everything from one provider. At the end of the day, customers will go for the best provider for those particular services. We believe that we need to be the best in what we are doing and the best thing we can do is to deliver the best data experience," said Clausen.

"That's our differentiator."

Today, about half of DiGi's customer base are active data users. (What this means is that the customers use data services at least once a month).

On top of that, about 24 per cent of its customers are using a smartphone.

"In two to three years, we will approach a 50 per cent smartphone penetration rate in Malaysia," said Clausen, who added that he would not be surprised if half of DiGi's customer base are smartphone users by then.

The growth in the smartphone user base, driven mainly by the increasing number of available models as well as lower prices, is critical to DiGi's future revenue growth - as in most cases, smartphone users spend more each month.

In DiGi's case, its smartphone customers tend to spend about RM30 to RM40 more each month, compared to customers using the normal feature phones.

"With this growth in mind, it is critical that we give the best experience to our customers. Therefore, part of our strategy is to develop packages that are right for them.

"We have a full range of packages. Some allow our customers to try the data services for a limited time, such as daily packages. This prevents them from getting a bill shock," said Clausen.

"When they are more familiar with the data services, then they can sign up for the monthly packages," he added.

Read more: DiGi to focus on mobile business for nowhttp://www.btimes.com.my/Current_News/BTIMES/articles/20120930234708/Article/index_html#ixzz283J1FfYx

DiGi to offer tablet plans from RM15 monthly

 

DiGi Telecommunications Sdn Bhd will roll out new offerings of affordable tablet plans from as low as RM15 monthly for postpaid customers tomorrow.

In a statement today, DiGi said the Internet quotas offered were as low as 500 megabytes (MB) and up to two gigabytes (GB), empowering customers with greater flexibility and control of their data expenditure.

"This new offering is in line with the government’s nation-building exercise to make mobile broadband more affordable to the consumers," it said.

The new packages for existing DiGi postpaid customers include RM15 for 500MB, RM19 for 1GB, RM29 for 1.5GB and RM39 for 2GB, while new sign-ups would also enjoy similar packages, however, with additional RM10 for each package.

DiGi, provider of mobile voice, Internet and broadband services, is committed to drive Malaysia's growth by building a mobile Internet and broadband environment that enables true connectivity, creates socio-economic development and helps businesses grow. -- Bernama

Read more: DiGi to offer tablet plans from RM15 monthlyhttp://www.btimes.com.my/Current_News/BTIMES/articles/20121001173805/Article/#ixzz283HRugJy