KUALA LUMPUR (April 10): Based on corporate announcements and news flow today, companies that might be in focus on Tuesday (April 11) include the following: LPI Capital Bhd, Malaysia Airports Holdings Bhd, Eco World International Bhd, YTL Corp Bhd, CIMB Group Holdings Bhd, Elsorft Research Bhd, YGL Convergence Bhd, Perak Corp Bhd, Rohas Tecnic Bhd and Mudajaya Group Bhd. YTL Corp Bhd announced that its subsidiary YTL Land Sdn Bhd has disposed of all its holdings in YTL Majestic Hotel Sdn Bhd to YTL Hotels & Properties Sdn Bhd (YTLHP) as part of an internal reorganisation of the group's structure. The group said YTL Land had disposed of one million shares, representing the entire issued share capital of YTL Majestic, to YTLHP for RM1 million. YGL said the proposal would involve up to 38.7 million shares representing 20% out of 193.57 million total shares that would be placed with third party investors who are to be determined later. Rohas Tecnic Bhd plans to buy a 75% equity interest in HG Power Transmission Sdn Bhd (HGPT) for RM101.67 million.

Source: The Edge Markets April 10, 2017 14:37 UTC