Malaysia Hot Stocks - Factors to watch

KUALA LUMPUR, Dec 28 (Reuters) - Here are news stories that may affect the Malaysian stock market on Friday:

BERJAYA LAND SAYS TO DEVELOP DONG NAI PROVINCE IN VIETNAM

- Developer Berjaya Land Bhd (BLAD.KL) said it would develop about 600 hectares of land in Dong Nai Province, Vietnam into a mixed residential, commercial, financial and administrative centre. The firm said more financial details on the project, about 30 km from Ho Chi Minh City, would follow a study.

SUMATEC WINS $64 MLN DRILLING-RIG LEASING CONTRACT

- Sumatec Resources (SUTR.KL) said on Thursday its subsidiary IRoilrigs Middle East Ltd had received a $64.2 million leasing contract from Petrobras for onshore drilling rigs and auxiliary equipment in Brazil.

The contract is for eight years, Sumatec said.

SALCON GETS 22 MLN RGT WATER TREATMENT CONTRACT

- Salcon Bhd (SLCN.KL) said on Thursday its Salcon Engineering unit had been awarded a water treatment and piping work contract worth 22 million ringgit.

MALAYSIAN PALM CLIMBS ON SUPPLY WORRIES, LOCAL DEMAND

- Malaysian crude palm oil futures jumped more than 2 percent on Thursday to a new high on a combination of concerns over global supplies from South America and surging demand from Asia.

For full story, pleased double click on [ID:nKLR303499]

INDIA BANS PALM-OIL IMPORTS AT ALL KERALA PORTS

- India has extended a ban on the import of palm oils to all ports in southern Kerala state after lobbying from producers of rival coconut oil, drawing criticism from a leading trade body.

For full story, pleased double click on [ID:nDEL224192]

KHAZANAH PLANS TO MERGE INDONESIA'S LIPPO, NIAGA

- Malaysia's state investment arm, Khazanah Nasional Bhd, plans to merge its two Indonesian banks, PT Bank Niaga (BNGA.JK) and Bank Lippo LPBN.JK, Lippo said in a statement on Thursday.