24 theSun | TUESDAY DECEMBER 16 2008

business news Hang Seng S&P/ASX200 TSEC

KLCI
846.47
STI KOSPI NIKKEI
15,046.95 3,591.4 4,613.72 1,774.76 1,158.19 8,664.66
288.56 81 132.45 5.80 34.42 54.37 428.79

KL market summary

MAS offers four fare options

DECEMBER 15, 2008

INDICES CHANGE
FBMEMAS 5,547.01 (- 24.29)
COMPOSITE 846.47 -5.80
INDUSTRIAL 2,013.37 -15.20

for economy class travel

CONSUMER PROD 272.55 +0.15
INDUSTRIAL PROD 65.91 -0.66
CONSTRUCTION 160.71 -2.14
TRADING/SERVICES 114.58 -0.52
FINANCE 6,557.07 -77.28
PROPERTIES 501.18 -3.08
PLANTATIONS 3,900.47 +21.25
SHARIL AMIN/SUNPIX

by Faith Labunda MINING 243.17 UNCH

newsdesk@thesundaily.com
FBMSHA 5,758.34 -12.36
FBM2BRD 3,913.23 +7.04
KUALA LUMPUR: Malaysia Airlines TECHNOLOGY 13.28 -0.05
(MAS) is putting its customers in the
driver’s seat with its new Malaysian TURNOVER VALUE
Hospitality (MH) Value Fares, which
consists of four new fare options for 287.701mil RM445.495mil
economy class travel.
Launched yesterday by MAS
chairman Tan Sri Dr Munir Majid,
the MH Value Fares – MHlow Fares,
Share prices end mixed
MHbasic, MHsmart and MHflex – are SHARE prices on Bursa Malaysia were mixed at close
geared towards giving customers the yesterday amid cautiousness in a gloomy global eco-
benefits of value, choice, control and nomic outlook led by the situation in United States, said
transparency. dealers.
“We are all multiple-type travellers However, they said throughout the session there were
depending on the occasion and our selective buying on key index linked stocks as investors
new fare options have been customised renewed positions following the recent market fall.
to cater to the different travel needs.
The benchmark KLCI ended at 846.470, down 5.80
“The standard ticket with fixed
offerings has gone with the wind. The points after opening 2.39 points higher at 854.66 yes-
traveller now has full control over his terday morning.
travel experience as he can choose Gainers outnumbered losers by 246 to 216 while 203
what services he values and pays counters were unchanged, 586 untraded and 32 others
accordingly,” MAS managing director suspended.
and chief executive officer Datuk Seri On the local front, some investors were responding
Idris Jala said. Two MAS positively to the measures and policies introduced by the
Currently available for domestic board, convenient schedules, on- and All Inclusive Low Fares, MAS stewardesses
government to stimulate the economy and keep liquidity
travel, with international travel planned time departures and a minimum hoped that the MH Value Fares showing
in the financial markets, the dealers said.
for next February, the four fare choices 20kg baggage allowance. will boost domestic tourism by the four
fare options Among the actives, KNM Group was flat at 42 sen,
differ in ticket discounts, purchase The four fare choices, with encouraging more people to travel.
introduced Resorts World eased one sen to RM2.16, IOI Corp was
requirements and benefits. the exception of the promotional Asked whether it was the right
For budget holiday travellers and yesterday. unchanged at RM3.20, Ramunia shed one sen to 31.5 sen
MHlow Fare, are available for time to introduce the MH Value
students, the MHlow Fares offers up to and Damansara Realty inched up one sen to 16.5 sen.
purchase at www.malaysiaairlines. Fares, Jala said it was definitely
70% ticket discount with the condition com, MAS’s ticketing offices, and the right time considering that As for the heavyweights, Sime Darby, Tenaga Nasional,
that the ticket must be purchased online travel agents. MHlow Fares will be the new fares gave customers MISC were flat at RM5.30, 5.90 and RM8.50 respectively
at least 30 days in advance. indicated in red on the website. freedom to properly manage their while Public Bank gained five sen to RM8.30 and Maybank
Frequent individual travellers can Like its Everyday Low fares spending. fell 15 sen to RM5.10. – Bernama
opt for MHbasic which offers up to 50%
ticket discounts providing that the ticket
is purchased 14 days in advance.

ASN declares 7 sen dividend for ASB

MHsmart targets family travel and
holidaymakers. It offers up to 20% ticket
discount, a baggage allowance of 25kg
and a total of 75% Enrich miles. Tickets
must be booked seven days before KUALA LUMPUR: Amanah Saham Nasional Bhd at the ASB income distribution announcement The income distribution and bonus will be au-
departure. Payment can be made within (ASNB) yesterday declared an income distribu- here. tomatically credited into the respective accounts
48 hours of booking. tion of 7 sen per unit for Skim Amanah Saham According to Ahmad, the payment will benefit of unitholders who will be able to update their
With businessmen and working Bumiputra (ASB) for the financial year ended Dec 6.56 million unitholders who currently hold 62 accounts beginning Jan 2, 2009.
professionals in mind there is no 31, 2008. billion units of ASB. All transactions for ASB at its head office, ASNB
discount for MHflex tickets but they can The wholly-owned subsidiary of Permodalan Up to Dec 10, 2008, ASB has recorded a gross branch offices and agents will be suspended
be purchased any time; bookings can Nasional Bhd (PNB) also announced a bonus of income of RM5.14 billion and dividend income from Dec 9 to Jan 1 to facilitate the calculation of
be changed at no extra cost; total 125% 1.75 sen per unit. from investee companies contributed RM3.12 income distribution and bonus.
Enrich miles accrual; 25kg baggage PNB chairman Tun Ahmad Sarji said the income billion or 60.71% of the gross income and profit ASB is a fixed price equity income fund, opened
allowance; and a 24-hour payment distribution portion would involve a total payout from the sale of shares contributed RM1.58 billion to bumiputras aged 12 years and above, which is
window. of RM4.22 billion, almost equal to the allocation or 30.75%. aimed at generating long-term, consistent and
Under MH Value Fares, customers made for the ASB income distribution last year. The rest of the income at 8.54% or RM439 mil- competitive returns to the unitholders while en-
will continue to enjoy MAS’s five-star The bonus portion would involve a total payout lion was derived from investments in short-term suring the preservation of capital at minimal risk
services, including refreshments on- of RM678.03 million by PNB, he told reporters instruments and other investments. tolerance level. – Bernama