07/03/2011 (Bloomberg) - Malaysia’s exports rose at the slowest pace in three months in January as electronics manufacturers shipped fewer goods to customers in the U.S. and China.

Overseas shipments climbed 3 percent to 54 billion ringgit ($17.8 billion) from a year earlier after gaining 4.6 percent in December, according to a trade ministry statement on March 4. The median estimate of 16 economists in a Bloomberg News survey was for a 4.5 percent gain.

EQUITY PREVIEW: * Sunway Holdings Bhd. (SGW) : The developer won a 258 million-ringgit contract to help construct part of the Legoland Malaysia Theme Park in the country’s southern Johor state, according to a company statement. * Bandar Raya Developments Bhd. (BRD) : The property developer said it secured a 450-million ringgit loan facility with three banks. The money will be used to repay inter-company borrowings, fund its dividend payment and for working capital, according to an exchange filing. * Fajarbaru Builder Group Bhd. (FBC) : The builder said it won two civil works contracts worth a total 150.1 million ringgit. * Fotronics Corp. (FOT MK): The electronic components manufacturer unveiled a restructuring plan under which it would transfer its listing status to a new company called Urus Jaring Sdn. Fotronics stockholders would receive one share in the new company for every 10 existing shares held, it said in a statement. * Gefung Holdings Bhd. (GFHB) : The marble and granite products maker proposed a par value reduction and rights issue to raise funds to recapitalize the company.

MARKETS on MARCH 4: * Malaysia’s FTSE Bursa Malaysia KLCI Index rose 1 percent. * The MSCI Asia Pacific Index increased 1.1 percent. * The Dow Jones Industrial Average lost 0.7 percent. * Palm oil May-delivery futures advanced 1.7 percent to 3,660 ringgit ($1,208) a metric ton.