KUALA LUMPUR (Nov 10): Based on corporate announcements and news flow today, companies in focus on Thursday (Feb 2), may include: Hua Yang Bhd, EKA Noodles Bhd, Petronas Dagangan Bhd, Esthetics International Group Bhd (EIG), CME Group Bhd, DRB-Hicom Bhd and Shell Refining Co (Federation of Malaya) Bhd. Petronas Dagangan Bhd’s plan to divest its 100% interest in Vietnam-based Thang Long LPG Company Ltd has hit a roadblock. It is worth noting that while Petronas Dagangan has failed to sell off Thang Long, it managed to sell another unit, Petronas (Vietnam) Co Ltd, to Totalgaz Vietnam. Esthetics International Group Bhd (EIG) has announced that it has inked a distribution agreement with Frostbland Pty Ltd for the right to sell and distribute Clinelle skin care products in Australia, New Zealand and the South Pacific Islands. Meanwhile, also part of its internal reorganisation, DRB-Hicom’s wholly-owned unit PHN Industry Sdn Bhd has acquired Oriental Summit Industries Sdn Bhd (OSI) for RM23.9 million from Hicom Holdings Bhd (HHB).

Source: The Edge Markets January 31, 2017 14:37 UTC