sona seeks institutional shareholders

Transcription

FBM KLCI 1687.86
10.07
KLCI FUTURES 1684.50
11.50
STI 2778.77
44.74
RM/USD 4.1100
CPO RM2529.00
8.00
OIL US$40.61
0.23
GOLD US$1273.50
9.50
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
WEDNESDAY MARCH 9, 2016 ISSUE 2120/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
www.theedgemarkets.com
Ex-Goldman banker linked to 1MDB
said to be subpoenaed in US probe
7 HOME BUSINESS
5 HOME BUSINESS
Total Sports Asia
to boost Bukit Jalil
sports complex’s
value
6 HOME BUSINESS
Najib: Contingency
plan will be put in
place if oil prices
stay below US$20
8 HOME BUSINESS
Malaysia
confident
fident of B10
confi
implementation
this year
16 H O M E
PM, DPM and
Hisham targets of
Daesh kidnappers
17 H O M E
‘MH370 search to
be completed by
year end’
PHOTO BY SUHAIMI YUSUF
SONA SEEKS
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Page 4.
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Datuk Seri Hadian Hashim
18 C O M M E N T
Did the
MH370
pilots
do it?
FGV’s Emir: I don’t think we are
acquiring too much
4 HOME BUSINESS
FBM KLCI 1687.86
10.07
11.50
STI 2778.77
44.74
RM/USD 4.1100
CPO RM2529.00
8.00
OIL US$40.61
0.23
GOLD US$1273.50
9.50
PP 9974/08/2013 (032820)
WEDNESDAY MARCH 9, 2016 ISSUE 2120/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
Ex-Goldman banker linked to 1MDB
said to be subpoenaed in US probe
7 HOME BUSINESS
5 HOME BUSINESS
Total Sports Asia
to boost Bukit Jalil
sports complex’s
value
6 HOME BUSINESS
Najib: Contingency
plan will be put in
place if oil prices
stay below US$20
8 HOME BUSINESS
Malaysia
confident of B10
implementation
this year
16 H O M E
PM, DPM and
Hisham targets of
Daesh kidnappers
17 H O M E
‘MH370 search to
be completed by
year end’
PHOTO BY SUHAIMI YUSUF
SONA SEEKS
INSTITUTIONAL
SHAREHOLDERS
TO BACK QA
Their support
is critical to the
special-purpose
acquisition
company.
Kamarul Azhar
has the story on
Page 4.
Datuk Seri Hadian Hashim
18 C O M M E N T
Did the
MH370
pilots
do it?
FGV’s Emir: I don’t think we are
acquiring too much
4 HOME BUSINESS
2
WEDN ESDAY M ARC H 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
For breaking news updates go to
ON EDGE T V
Reach Energy:
Not all SPACs
are created
equal
The Edge Communications Sdn Bhd
(266980-X)
Level 3, Menara KLK, No 1 Jalan PJU 7/6,
Mutiara Damansara, 47810 Petaling Jaya,
Selangor, Malaysia
Fifty-two websites
blocked since January
14 social media abuse cases investigated by MCMC
KUALA LUMPUR: The Malaysian
Communications and Multimedia
Commission (MCMC) has blocked
52 new media websites and investigated 14 social media abuse cases
since the setting up of the Special
Committee to Combat Abuse of
Social Media in January.
Deputy Communications and
Multimedia Minister Datuk Jailani
Johari said yesterday the aim of the
committee, chaired by Communications and Multimedia Minister
Datuk Seri Dr Salleh Said Keruak,
and comprising the Royal Malaysia
Police, MCMC and Attorney-General’s Chambers, was to strengthen
the Internet and new media regulatory mechanism.
“The special committee was set
up to ensure firm action is imposed
on those who use social media to sow
hatred against government institutions, and to prevent social media
from sparking chaos via the dissemination of lies, hatred and religious
extremism,” he told Dewan Rakyat.
Jailani was answering a question
from Datuk Sapawi Ahmad Wasali
(Barisan Nasional-Sipitang), who
had asked about the steps taken by
the ministry to curb social media
abuse, especially on the WhatsApp
application, that triggers anxiety
and worry among the public, especially relating to security.
Overall, he said, as of February,
22 cases were investigated by the
MCMC for Internet and new media
abuse, and 399 sites were blocked.
He said the websites that were
blocked included those on gambling,
cheating and prostitution, those with
pornographic content, those put up in
bad taste and fake sites. — Bernama
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China sends world markets sliding
PARIS: World stock markets sank
deep into the red yesterday, as China released data showing another
hefty slump in exports, sparking
renewed worries over the nation’s
powerhouse economy.
China’s exports dived more than
a quarter year-on-year in February,
new data showed yesterday, while
imports were almost 14% off — far
worse than forecast.
“That shocking slide in exports
was joined by a similarly weak, if
not quite as alarming, drop in imports — combine the two together
and it is the kind of ugly reminder
of China’s spluttering economy
investors certainly do not need at
the moment,” said analyst Connor
Campbell at trading firm Spreadex.
In reaction, most Asian markets
fell, with investors also cashing in
after enjoying their best rally so
far this year.
Hong Kong retreated 0.7% and
Tokyo dropped 0.8%, but Shanghai
reversed initial heavy falls to eke
out slender gains.
See related story on Page 19
The gloom spilled over into Europe, with Frankfurt and Paris shedding 1.2% and 1.3% respectively,
while London lost 0.8%.
“Equity markets [are] in the red
again, with disappointing overnight Chinese trade data showing
plunging February exports serving
to spook investors who are already
concerned about the state of global
growth,” said head of research Mike
van Dulken at Accendo Markets.
“The market reaction is in stark
contrast to the habitual cheering
about bad data implying more stimulus, and the Lunar New Year may
explain the big drop.”
Mining stocks were the hardest-hit sector on demand jitters because China is a leading consumer
of most raw materials.
In London, resources giant Anglo American saw its share price
tumble 9.3% to 569.70 pence
(RM33.29), topping the FTSE 100
fallers’ board. — AFP
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BUSINESS DEVELOPMENT
Senior Manager Elizabeth Lay
Indonesia’s BCA to hold
back expansion due to
margin squeeze
JAKARTA: Indonesia’s biggest
bank by market value Bank Central Asia (BCA) said it would hold
back some expansion plans this
year after regulators announced
a series of measures that will
lower banks’ margins, its top
executive said yesterday. The
government is targeting lowering banks’ lending rate for companies to 9% by the end of this
year from the current average
of 12%, including by capping
the maximum rate banks pay
for savings. Forcing banks to offer low credit rates by reducing
costs of funding can pressure
banks’ margins, BCA president
director Jahja Setiaatmadja said.
BCA’s net interest margin may
fall 50-70 bps this year from 6.7
percentage points at end-2015
due to the measures, creating
a “challenging” profit environment for 2016, he said. — Reuters
Tycoon Oei lodges case
against Goldman Sachs
Publisher and Group CEO Ho Kay Tat
EDITORIAL ADMINISTRATION
IN BRIEF
LONDON: Exiting the European
Union could hurt Britain's US$2.9
trillion (RM11.89 trillion) economy and prompt some banks to
abandon London's global financial powerhouse, Bank of England
(BoE) Governor Mark Carney said
yesterday.
In his strongest intervention so
far in Britain’s debate about EU
membership, Carney said he was
not making any recommendation
about how to vote in the June 23 referendum but that uncertainty created by an exit could hurt Britain.
Asked about the implications of
an exit for Britain's huge banking
industry, he said some major finan-
cial institutions were considering a
possible move if the country voted
to leave the EU.
“One would expect some activity
to move," Carney told lawmakers
in the British parliament. “I’d say
a number of institutions are contingency planning for that possibility.” — Reuters
SINGAPORE: Tycoon Oei Hong
Leong is pursuing his case
against banking giant Goldman
Sachs over “exotic” currency
trades that resulted in losses
of US$34 million (RM139.40
million). The Straits Times report said that the latest move,
to lodge a complaint with the
United States Commodity Trading Futures Commission, had
resulted in the commission issuing a letter on Jan 29, asking
Goldman Sachs to respond to
Oei’s complaint. The bank can
either make a monetary settlement or respond to the complaint. The deadline given by
the commission was Feb 29. It is
understood that Goldman Sachs
asked for an extension of time.
OECD flags easing growth
in advanced economies
PARIS: Major advanced economies are seeing growth rates
cool while the outlook is stabilising in China, the Organisation
for Economic Cooperation and
Development (OECD) said yesterday. The outlook for Russia
and Brazil is worsening, it said.
The Paris-based organisation
said its January monthly composite leading indicators, which
are supposed to capture economic turning points, flagged
“signs of easing growth” in the
34 advanced economies belonging to the club. — Reuters
Zika ‘link’ to paralysing
myelitis — researchers
PARIS: The Zika virus, suspected
of causing brain damage in babies and a neurological disorder
in adults, has also been linked to
the paralysing myelitis disorder,
French researchers said yesterday. A 15-year-old girl diagnosed
with acute myelitis in Guadeloupe in January, had high levels of Zika in her cerebrospinal
fluid, said Annie Lannuzel of
the University Hospital Center
Pointe-a-Pitre in Guadeloupe —
the first-ever published “proof
of a link” between the virus and
the disease. — AFP
WE D N E SDAY MA RC H 9 , 2016 • T HEED G E FINA NCIA L DA ILY
3
4 HOME BUSINESS
Sona seeks institutional
shareholders to back QA
Their support is critical to the SPAC
BY KAMARUL AZHAR
KUALA LUMPUR: Sona Petroleum
Bhd, which will seek shareholders’
approval for its proposed qualifying acquisition (QA) on March 30,
is currently engaging with its institutional shareholders to convince
them of the merits of the deal.
The support of the institutional shareholders, who collectively
hold a 30% stake in Sona, is critical
of the special-purpose acquisition
company (SPAC).
The proposed QA is subject to
prior approval by a majority in the
number of shareholders representing at least 75% of the total value
of the issued shares held by those
present and voting at the extraordinary general meeting.
“We have been actively convincing our shareholders that they stand
to gain from this deal. There are
various spectrums of the investing
public. Some want long-term gain;
some want short-term gain.
“Engagement has been made and
they liked the deal, because we are
buying at a lower price, that there are
rooms for further optimisation, and
oil price is trending upwards [now].
“But there are people who are
affected by margin calls; there is
nothing we can do,” said Sona managing director Datuk Seri Hadian
Hashim in an interview yesterday.
Sona’s share price was mostly
hovering between 41 sen and 44
sen in 2015. The stock has climbed
to 46.5 sen recently — the highest
level since November 2014. It closed
at 46 sen yesterday.
Some institutional funds snapped
up shares in SPACs after the sharp
fall in late 2014 as these stocks, in-
cluding Sona, were trading below
their cash per share. Sona’s cash per
share in its trust account is 45 sen.
The rationale of the investments is
to gain from the difference between
the cash per share and market value,
instead of the prospects of QA. They
are aware that investment risks will
rise after the QA.
Sona had managed to obtain the
Securities Commission Malaysia’s
(SC) approval for its proposed QA,
which had noted that the purchase
price was not fair at US$50 million
(RM205 million). Later, Sona halved
the price to US$25 million, taking
into account the crude price crash
that has eroded the valuations of
oil assets worldwide.
The SC, meanwhile, had rejected
Cliq Energy Bhd’s QA proposal in
January, which led to the liquidation of the SPAC.
FGV’s Emir: I don’t think
we are acquiring too much
BY TA N SI EW MU NG
KUALA LUMPUR: Felda Global
Ventures Holdings Bhd (FGV), the
world’s largest producer of crude
palm oil (CPO), has dismissed concerns that it is embarking on too
many acquisitions since its listing
in 2012.
“I don’t think we are acquiring
too much ... we have not acquired
anything yet. It is still in discussion,”
FGV group president and chief executive officer Datuk Mohd Emir
Mavani Abdullah told reporters on
the sidelines of the Palm and Lauric Oils Conference and Exhibition
2016 here yesterday.
He was referring to the group’s
latest proposed acquisition of a
55% stake in China-based Zhong
Ling Nutril-Oil Holdings Ltd for
RM976.25 million, which is subject
to shareholders’ approval.
Mohd Emir said he is confident
the deal will get rubber-stamped
as the profit margin generated by
Zhong Ling, which manufactures
peanut oil in China, is about 20%.
“I am very confident that shareholders will approve it if they see
the number ... the profit margin is
20%. So, why not?” he asked.
FGV in its first announcement
on Feb 26 stated that the proposed
acquisition did not require consent
from its shareholders. However,
on Monday, FGV said it had been
issued a written letter by Bursa Securities stating otherwise.
Mohd Emir said the proposed acquisition is in line with FGV’s plan to
expand further into the downstream
market, noting that Zhong Ling is
Mohd Emir (left)
witnessing Plantation
Industries and
Commodities Minister
Datuk Amar Douglas
Uggah Embas sign a
document at the Palm and
Lauric Oils Conference and
Exhibition 2016 in Kuala
Lumpur yesterday. Photo
by Suhaimi Yusuf
one of the top 10 largest edible oil
producers in the world.
“We want to tap into the edible
oil business, where the margin is
higher, at about 20% in China,” he
added.
Mohd Emir said the proposed
acquisition will also help balance
FGV’s upstream and downstream
businesses, where it is currently
heavier on the upstream.
Post-listing, FGV has completed
major brownfield acqusitions such
as Pontian United Plantations Bhd at
RM1.2 billion, RM2.2 billion for the
remaining 51% stake in Felda Holdings Bhd and Asian Plantations Ltd
for £120 million (RM703.31 million).
Since mid-2015, the group has
also been in negotiations on the
acquisition of a 37% stake in PT
Eagle High Plantations Tbk — the
third-largest plantation group listed in Jakarta — for US$680 million
(RM2.79 billion). In January, its
chairman Tan Sri Mohd Isa Abdul
Samad was quoted as saying that the
deal would be settled by this month.
The deal also involves FGV acquiring Rajawali’s sugar plantations
for US$67 million.
Mohd Emir, however, declined
to comment on the deal. “Once
we acquire, we will let you know.”
The proposed acquisition of
Zhong Ling, which is a Cayman Islands-incorporated firm, has raised
eyebrows. Some quarters question
the rush for FGV to propose another acquisition abroad so soon,
when its plan to buy Eagle High is
still pending.
On CPO export tax, which is likely to be enforced in April, Emir said
it will be an impact on Malaysia’s
overall plantation sector. As such,
he is hopeful that the government
will relook into the policy.
FGV shares closed three sen
or 2.03% lower at RM1.45 yesterday, with a market capitalisation
of RM5.29 billion. The counter has
fallen by 68% from its initial public
offering price of RM4.55 per share.
To recap, Sona’s QA is to buy
100% stake in Stag oilfield located
offshore Western Australia. Stag oilfield produced about 4,500 barrels
of oil per day (bpd) in 2015, and has
a 17.2 million standard barrel of
proven and probable (2P) reserves.
“The producing oilfield will provide Sona with sustainable ongoing
revenue potential for growth. The
current production of around 4,000
bpd will be enhanced to as high as
over 5,000 bpd in 2018 by Sona’s development plans over 2016 to 2018.
“This reflects the oilfield’s potential
to deliver long-term value. The first
phase of development will cost A$47
million (RM143.78 million), while
the second phase will cost A$100
million. Sona plans to utilise its IPO
(initial public offering) proceeds and
internally generated funds for these
development costs,” said Hadian.
Hadian: There are various spectrums of
the investing public. Some want longterm gain; some want short-term gain.
Photo by Suhaimi Yusuf
At the purchase price of US$25
million for 17.2 million standard
barrel of 2P reserves, the reserve
is valued at US$1.45 per barrel,
said Hadian.
According to independent technical and asset valuation expert
Gaffney, Cline and Associates (Consultants) Pte Ltd, the operating cost
per barrel of the Stag oilfield is estimated at US$30.80 per barrel.
“This is an opportune moment
as the current low-price environment provided us with an opportunity to purchase the asset at such
a highly competitive price. With oil
prices inching up, we are cautiously optimistic that the environment
will become more profitable for upstream players soon,” said Hadian.
Multi-Usage to take action on
findings of special audit report
BY B IL LY TO H
KUALA LUMPUR: The special audit initiated by the board of Multi-Usage Holdings Bhd (MUH)
shows that a special-purpose vehicle (SPV) called Wealthy Achiever Sdn Bhd is connected to certain
directors.
In an announcement to Bursa
Malaysia, MUH said it will take
action on the findings of the special audit report after consultation with legal adviser Messr Izral
Partnership.
The board will also deliberate
on the findings of the special audit
report at a board meeting tomorrow to determine if the report has
any legal, financial and operational
impact on the company.
The special audit shows that the
SPV made an estimated profit of
RM10.4 million from the company’s
debt restructuring exercise in 2009.
According to a filing with Bursa
Malaysia yesterday, the findings
of the special audit included the
following:
• The five properties, which were
used to set off RM1.2 million of debt
owing to the SPV arising from the
restructuring exercise, appeared to
have been sold earlier to a third party.
• The payment of RM4.9 million
to the financial institution on behalf
of the SPV was made by a company
related to certain directors, said the
announcement.
• A director of MUH had signed
SPV’s general cash voucher and
letter (containing SPV’s cheque
information) issued to a financial
institution.
• An amount owing by MUH
to SPV of RM520,000 was set off
against a property purchased by
a son of a director and was eventually transferred to the director’s
brother-in-law.
• The SPV also helped a certain
director of MUH settle his personal
guarantee with a financial institution and a previous director of the
SPV is the brother-in-law of one of
MUH’s directors.
• The SPV had instructed MUH
to repay RM1.7 million to specific parties. Of the RM1.7 million,
RM1.4 million was made to a third
party and a company connected to
a son of a director as instructed.
On complaints about benefiting
from a position as director during
acquisition of properties from MUH,
the special audit shows that a director of MUH and his brother acquired
five properties from a subsidiary of
MUH in 2002 and 2007. However,
the payment was not made in accordance to the terms stipulated in
the sale and purchase agreements.
The payment was later set off
with the amount owing to the director by MUH. Announcements of
the related-party transactions were
only made on June 18 and 19, 2015.
Based on terms of the agreements,
the estimated interest on late payment chargeable amounted to approximately RM104,395.
On the suspect of possible falsification of company documents
to obtain information from a third
party, the special audit reveals that
the letterhead used by a director
to request for information from a
bank is different from the current
official letterhead used by MUH.
“The requisitionists who signed
as directors of the subsidiary had
in fact resigned as directors of the
subsidiary as of the date of the letter,” said the announcement.
HOME BUSINESS 5
W E D N E SDAY MA RC H 9, 2016 • T HEED G E FINA NCIA L DA ILY
Total Sports Asia to boost
Bukit Jalil sports complex’s value
Hospitality suites and branding opportunities will be made available
BY SU PRI YA SU REN DRAN
KUALA LUMPUR: Total Sports Asia
(TSA), a pioneer in the sports marketing industry in Asia, has been
appointed by Malaysia Stadium
Corporation (PSM) to strategise
and oversee the commercialisation of Kuala Lumpur Sports City
(KL Sports City), which will include
the redevelopment of Bukit Jalil
National Sports Complex.
In a statement yesterday, TSA said
its role is to develop new commercial
opportunities, including name rights
to KL Sports City, and the individual
venues, including the National Stadium and Putra Stadium.
In addition, new hospitality suites, and other licensing and
branding opportunities will be available for corporate clients, it said.
PSM chief executive officer
(CEO) Azman Fahmi Osman said
the partnership with TSA will help
achieve PSM’s vision in regenerating Bukit Jalil National Sports Com-
An artist’s
impression
of KL Sports
City.
plex by increasing its commercial
value, finding the right corporate
partners to generate new revenue
streams and becoming a model
for other stadiums in the country.
TSA group CEO Marcus Luer
said the company is excited to work
with PSM and Malaysian Resources
Corp Bhd, whose subsidiary Rukun
Juang Sdn Bhd is responsible for
the ongoing redevelopment of the
National Stadium.
“Our benchmarks are the best
sports-entertainment complexes
in the world and Kuala Lumpur
will finally have one to call its own.
“We will bring in best practices
from around the world, from the
O2 in London to the Staples Centre
in Los Angeles, and will customise
unique partnership opportunities
for companies here in Malaysia,”
said Luer.
He added that potential partners
will see huge value in the KL Sports
City project quickly, as it will provide a whole new way of thinking
in terms of branding and customer
engagement.
The ongoing redevelopment of
the National Stadium by Rukun
Juang is the first phase of the development of KL Sports City.
Phase 1 includes targeted works
on Putra Stadium and the National
Hockey Stadium that will improve
integration to the current and existing public transportation links, and
increase access across the site. Once
completed, the redeveloped stadium
will host the SEA Games in 2017.
Phase 2, which will commence
in early 2018, will create a fully integrated sports hub, consisting of
new, world-class infrastructure
including elite sports training facilities, a sports rehabilitation science centre, a youth park, public
sports facilities, a sports museum,
youth hostel, convention centre and
sports-focused retail mall.
Bursa to lift
palm oil
options trading
SINGAPORE: Bursa Malaysia Derivatives Bhd plans to boost palm oil
options trading following a recent
increase in demand from financial
institutions and producers, a senior
exchange official said yesterday.
The open interest in crude palm
oil (CPO) options has climbed to
more than 6,000 contracts earlier
this year from negligible levels in
2015, “which is very encouraging”, K
Sree Kumar, acting chief executive
of Bursa Malaysia Derivatives told
Reuters in an interview.
“It can grow into a retail contract
very soon; we have to step up,” he
said. “This will be across all our options products; we have an option
for the index as well.”
Bursa launched options in 2012,
but it has struggled to boost volumes until the last few months. It
now plans to promote participation
from retail investors.
Bursa, which runs the global
benchmark CPO contract, expects
to see growth of about 10% in traded
volumes in 2016 from last year, he said
on the sidelines of the industry conference organised by the exchange.
The 2016 growth is “almost similar to what we had last year and we
are confident as we see the volumes
are very encouraging this year”, Sree
Kumar said. — Reuters
6 HOME BUSINESS
‘Contingency plan
in place if oil prices
stay below US$20’
Crude most sensitive indicator of Malaysia’s budget, says Najib
BY C H EN SHAUA F UI
KUALA LUMPUR: The government
will implement a contingency plan
should crude oil prices consistently
fall below the US$20 (RM82) per barrel level, said Prime Minister Datuk
Seri Najib Razak.
He said crude oil prices are the
most sensitive indicator of Malaysia’s budget.
“If oil prices consistently fall below
the US$20 per barrel level, we will implement a contingency plan,” Najib
told Parliament yesterday. He was
replying to a supplementary question from Kuala Kangsar member
of parliament Datuk Wan Mohammad Khair-il Anuar Wan Ahmad who
had asked about the government’s
preparation in facing the challenging
economic environment.
However, the finance minister
noted that crude oil prices are al-
ready strengthening and trading at
around US$40 per barrel.
“The value of our ringgit is also
strong at the level of four against the
US dollar today (yesterday).
“It appears that our [economic]
fundamentals are getting better.
Hopefully, this environment and
situation will continue. The government will continue to monitor
the latest development thoroughly,” he said.
Najib unveiled a recalibrated
Budget 2016 on Jan 28, in the face
of a fall in crude oil prices. The revised budget is now based on Brent
crude at US$30 to US$35 per barrel
from US$48 per barrel previously.
Najib said the government will
not cancel or reduce the projects
approved under Budget 2016 and
the 11th Malaysia Plan, especially
programmes that are people-centric, as well as projects with a high
multiplier impact on the economy.
“It is more about adjusting the
cash flow by reallocating the funds
for a project or a development programme.
“As a caring government, although
we are faced with lower income following the fall in global crude oil
prices, we will make sure that our
expenditures are optimised, and the
implementation of programmes and
high-impact projects will continue,”
he also said.
He added that the finance ministry had come up with guidelines
on measures to optimise the government’s expenditure on March 1.
The guidelines are to ensure
that all the heads of government
agencies manage their resources
effectively, and re-prioritise their
programmes and projects so that
they are more effective and in line
with the national agenda.
Chin Hin makes impressive
debut on Bursa
BY C H ESTER TAY
KUALA LUMPUR: Chin Hin Group
Bhd, which expects double-digit
profit growth in 2016, saw its share
price shoot up as much as 28% over
its initial public offering (IPO) price
of 65 sen during its maiden trading
day, making it among the top 10
gainers on Bursa Malaysia yesterday.
The building material supplier’s
share price opened at 81 sen and
climbed to an intraday high of 83.5
sen. The stock finished at 82 sen with
a trading volume of 122.5 million
shares — the second most traded
counter on the stock exchange.
Chin Hin’s IPO entailed a public
issue of 63.2 million new shares and
an offer for sale of 65 million existing shares at 65 sen each to raise
RM41.08 million.
Speaking to reporters after Chin
Hin’s listing ceremony yesterday, the
group’s managing director Chiau
Haw Choon said the management
is expecting double-digit net profit
growth in the financial year ending
Dec 31, 2016 (FY16).
He said Chin Hin would see “significant” growth in FY16, driven
mainly by its manufacturing division. “Our G-cast concrete and AAC
(autoclaved aerated concrete) are
applicable to infrastructure building, so we expect that sales of these
products would grow significantly
this year (FY16),” he said.
(From left) Chin Hin deputy group executive chairman Datuk Chiau Beng Teik, nonexecutive chairman Datuk Dr Nik Nozrul Thani Nik Hassan Thani, Chiau, executive
director and chief financial officer Lee Hai Ping and non-executive director Yeoh Chin
Hoe during the company’s maiden trading day yesterday. Photo by Shahrin Yahya
Chiau added that despite the
softer property market, Chin Hin’s
growth will be supported by firm demand in the infrastructure segment.
Asked if the group is facing a rising cost burden due to the weakening ringgit, he explained that Chin
Hin sources most of its raw materials
locally, thus the impact is expected
to be minimal.
“In fact, even when it comes to
labour cost, we also expect very
minimal impact from the increased
levy. This is because we have been
using advanced machinery in our
production line, so most parts of
the manufacturing line are automated,” he said.
Meanwhile, Chiau revealed that
the group is ramping up its export
sales, and having a target of RM40
million turnover, to overseas in FY16,
from about RM20 million for FY15.
For FY15, Chin Hin posted a
slight gain of 0.12% in net profit to
RM30.22 million, from RM30.19
million previously, though revenue
slipped 1.66% to RM1.2 billion from
RM1.22 billion in FY14.
Chin Hin attributed the drop in
revenue to lower turnover from its
distribution segment, as a result
of softening housing construction
activities in 2015, though this was
offset by its manufacturing segment,
which enjoyed a higher margin.
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Bumi Armada to initiate legal action
over FPSO contract termination
BY SUPRIYA SURENDRAN
KUALA LUMPUR: Maintaining
that the sudden termination of its
floating production, storage and
offloading (FPSO) contract in the
Balnaves field off north-western
Australia is not valid, Bumi Armada Bhd said the group will pursue
the matter in court.
It told Bursa Malaysia last Friday
its wholly-owned subsidiary Armada Balnaves Pte Ltd (ABPL) had
received a notice from Woodside
Energy Julimar Pty Ltd to terminate
the contract in relation to the charter of the Armada Claire vessel.
Replying to queries from the
exchange yesterday, Bumi Armada
said ABPL intends to fully enforce
its rights under the contract, including initiating legal proceedings, against Woodside for the
“unlawful purported termination”.
It said the contract is governed
by the laws of Western Australia and legal remedies, including
damages for breach of contract,
will be sought in court.
“It would not be appropriate to
provide further comments at this
stage,” it said, adding that it will,
however, disclose the relevant details at the appropriate time.
According to the company, the
Armada Claire has been operating
in the Balnaves field since delivering its first oil in August 2014.
“The contract is for an initial
fixed term charter of four years
expiring in August 2018, with options for four annual extensions,
[and] was valued at approximately RM 1.46 billion,” it said, adding
that the purported termination is
not expected to have any material impact on the operations of the
group’s other FPSO vessels.
However, it said last Friday the
termination is expected to have an
impact on the financial results for
the year ending Dec 31, 2016, the
extent of which cannot be conclusively ascertained at this juncture
as it will depend on the outcome of
the legal action against Woodside.
‘M’sia-based institutions can invest
directly in Chinese capital market’
BY SANGEETHA AMARTHALINGAM
KUAL A LUMPUR : Malaysia-based institutions can now
invest directly in the Chinese capital market using yuan funds, following the issuance by the Malaysian authorities of a guidance
note to facilitate applications to
the China Securities Regulatory
Commission (CSRC).
Jointly issued by Bank Negara
Malaysia (BNM) and the Securities Commission Malaysia (SC),
the guidance note is to facilitate
the process of obtaining a Renminbi Qualified Foreign Institutional Investor (RQFII) licence,
which is available now, said BNM
in a statement yesterday.
The guidance note outlines the
criteria and eligible entities that
may apply for the RQFII licence,
and additional requirements by
the SC and/or BNM prior to any
application submission to the
CSRC.
The guidance note is pursuant
to the People’s Bank of China’s
recognition of Malaysia as an
RQFII jurisdiction with an aggregate quota of 50 billion yuan
on Nov 23 last year.
“With this, Malaysia-based institutions are now able to invest
directly in the Chinese capital
market using renminbi funds.
“The RQFII programme creates
opportunities for qualified Malaysian institutions to offer a wider
range of renminbi (yuan) investment products and will serve as an
avenue for greater utilisation of offshore renminbi funds,” said BNM.
Microlink appoints Chia Yong Wei
as chief executive officer
BY SUPRIYA SURENDRAN
KUALA LUMPUR: Banking solution provider Microlink Solutions
Bhd has appointed Chia Yong Wei
as its new chief executive officer
(CEO) with effect from April 1,
replacing Peter Yong Kar Seng
who will retire from the position
on March 31 after serving as CEO
for the past 11 years.
In separate filings to Bursa
Malaysia yesterday, Microlink
said Chia, 39, currently holds
several positions in Omesti Bhd,
which is the holding company of
Microlink, with a 79.02% stake.
“He is group chief technology officer of Omesti Group and
chief operating officer of Omesti
Innovation Lab (M) Sdn Bhd, the
technology and application de-
velopment arm of the Microlink
group,” said the group.
It added that Chia also serves
as CEO/country manager of CAIT Infrastructure Solutions Sdn
Bhd, which is also part of Microlink and the partner of CA
Technologies in Malaysia.
Microlink also announced the
redesignation of its non-executive director, Monteiro Gerard
Clair, 44, to the role of executive
director, and the appointment of
Mah Xian-Zhen, 34, as non-independent and non-executive
director. Mah is the daughter of
Datuk Mah Siew Kwok, a major
shareholder of Microlink.
Microlink shares closed down
eight sen (4.5%) at RM1.70 yesterday, with a market capitalisation
of RM246.49 million.
HOME BUSINESS 7
Ex-Goldman banker
linked to 1MDB said to
be subpoenaed in US
FBI’s New York office is leading the investigation — source
NEW YORK: A former Goldman
Sachs Group Inc banker has become
entangled in a sprawling investigation of the Malaysian state investment fund as US authorities turn to
him for information.
Tim Leissner was issued a subpoena about the matter in late February,
according to three people briefed on
the matter, just days after Goldman
Sachs confirmed he had left the firm.
Leissner, a German national, was
most recently chairman of the firm’s
Southeast Asia operations, but had
taken personal leave and relocated
to Los Angeles early this year, according to people with knowledge
of the move.
From Malaysia to Switzerland to
the United States, investigators have
been trying to trace whether money
might have flowed out of the fund and
illegally into personal accounts. Accusations have boomeranged and have
been said to be politically motivated
even as authorities outside Malaysia
press ahead with their inquiries.
Prosecutors in the US Justice Department’s kleptocracy asset-recovery unit are investigating whether
funds were embezzled from 1Malaysia Development Bhd (1MDB)
by politically connected people in
Malaysia, the people said. The US
Federal Bureau of Investigation’s
(FBI) New York office is leading the
investigation and is trying to determine if any US law was broken, according to one of the people briefed
on the subpoena issued to Leissner.
At this point, it is unclear what
information Leissner might be able
to provide. Leissner’s attorney, Jonathan Cogan of Kobre & Kim, didn’t
respond to a phone call and email
requesting comment. At a Beverly
Hills, California residence linked in
public records to Leissner’s family,
a woman who answered the intercom said Leissner wasn’t at home.
He didn’t respond to written questions left there.
At the Justice Department, spokesman Peter Carr declined to comment,
as did Kelly Langmesser, a spokesman for the FBI’s New York office.
Leissner had championed a series
of bond sales that raised US$6.5 billion (RM26.65 billion) for the Malaysian fund and were notable for the
above-average fees generated for
Goldman. Since the fund’s beginning in 2009, controversy has raged
over whether money was spent as
intended for local projects like a financial centre in Kuala Lumpur or
siphoned off for personal benefit.
The finger-pointing within Malaysia
intensified with the early 2015 news
report that the fund had missed a
loan payment, which it later paid.
Goldman Sachs is working with
Filepic of Leissner
(right) with his
wife, Kimora Lee
Simmons. Leissner had
championed a series of
bond sales that raised
US$6.5 billion for 1MDB.
Photo by AFP
an outside law firm to conduct an internal examination and is reviewing
its own role in helping 1MDB raise
capital, according to two of the people. There is no indication that Goldman engaged in any wrongdoing,
according to the two. The bank is
cooperating with the Justice Department’s efforts to gather information,
they said.
Michael DuVally, a spokesman
for Goldman, declined to comment.
Putting its own capital at risk,
Goldman earned commissions and
expenses of US$593 million for its
role in issuing bonds for 1MDB, or
more than 9% of the proceeds, well
above the industry norm.
Citing its policy not to discuss personnel matters, Goldman declined
to provide any information about
the departure of Leissner, who had
worked at the firm for 18 years and is
married to former US fashion model
and designer Kimora Lee Simmons.
Leissner was named head of investment banking in Singapore in
August 2002, and became a partner in 2006. He was instrumental in
building business in Malaysia and
the region.
Singapore’s central bank, the
Monetary Authority of Singapore
(MAS), said in an emailed statement
that it was “cooperating actively with
several jurisdictions” in the case. The
MAS said that Leissner left the city
state in 2011, and that while Goldman Sachs announced in 2014 that
he would move back to Singapore
as the bank’s chairman of Southeast
Asia, the move never happened.
Since Prime Minister Datuk Seri
Najib Razak started 1MDB seven
years ago, the fund’s debt levels have
swelled amid allegations of financial
irregularities lodged by opposition
officials. The fund, whose advisory
board is chaired by Najib, said in
February 2015 that it would wind
down its assets.
The prime minister has said accusations of misappropriations are
politically motivated and has denied
any wrongdoing. The allegations have
sparked a feud with former premier
Tun Dr Mahathir Mohamad, who
has called for Najib to step down, cit-
ing what he characterised as Najib’s
mismanagement of the economy as
well as 1MDB.
In July last year, the Malaysian
attorney-general (AG) said a special task force investigating 1MDB
looked into deposits into Najib’s bank
account amounting to hundreds of
millions of dollars ahead of the 2013
general election. The prime minister said the funds were not used for
private benefit and the AG said the
money was a political contribution
from the Saudi royal family.
The AG said Najib had returned
US$620 million to the Saudi donors.
In January, AG Tan Sri Mohamed
Apandi Ali, cleared Najib of any corruption charges related to the Saudi
donation.
Representatives of 1MDB have
denied transferring funds to Najib’s
personal accounts. Najib’s office,
the AG’s office and the country’s anti-graft agency were not immediately
available for comment. A spokesman
for 1MDB referred queries to a February statement that the fund had
not been contacted by any foreign
legal authority on matters related
to the company.
Investigators outside Malaysia
are still trying to trace where money from the investment funds might
have gone to. The Swiss AG froze
accounts holding tens of millions of
dollars last year as part of a criminal
investigation into whether US$4 billion was embezzled from state-linked
Malaysian companies, with some of
it making its way into Swiss accounts
of former Malaysian officials.
“The monies believed to have
been misappropriated would have
been earmarked for investment in
economic and social development
projects in Malaysia,” the Swiss
authority said in a statement in
January.
The Swiss officials asked for assistance from Malaysia, and subsequently said the prime minister
wasn’t one of the public officials
accused in the matter.
The MAS said in February that
it froze a large number of accounts
linked to possible money laundering
of 1MDB funds. — Bloomberg
NEWS IN BRIEF
Visa partners Maybank to launch
new payment service
BY C H E S T E R TAY
KUALA LUMPUR: Visa Inc has
launched its streamlined online
payment service in Malaysia to
facilitate online purchase for
its customers by using a set of
log-in username and password,
instead of a series of personal
data and 16-digit credit-card
numbers.
Dubbed “Visa Checkout”, it is
designed to improve the digital
shopping experience by making
the payment process remain secure, while reducing the number
of steps required to complete an
online purchase. Malayan Banking Bhd (Maybank) is the first
bank in Malaysia to enrol Visa
cardholders for the service and
offer Visa Checkout acceptance
to merchants across the country.
“We have partnered with several key merchants in Malaysia
as part of our launch and we’re
confident consumers will embrace Visa Checkout across all
their devices,” Visa country manager for Malaysia Ng Kong Boon
told reporters at the launching
ceremony yesterday.
Ng also said that Visa is aim-
ing to increase the number of
merchants that allow customers
to make online purchases via
Visa Checkout in Malaysia to
100 firms by the end of this year.
Maybank head of wealth,
cards and payments B Ravintharan said as online purchases
are increasing, this collaboration
not only delivers a better experience for consumers, but also
helps merchants increase the
number of successful transactions made online.
Visa Checkout is now accepted at a myriad of online merchants in Malaysia, including
GSC Cinema, Superbuy.com,
SweetSpot Digital, Little Whiz,
Twenty3, Avenue86 and CUTI.
“With Visa Checkout, GSC
customers can enjoy greater convenience and discounted prices
of RM8 per normal cinema ticket when they pay online using
their Visa cards from March 11
to June 3. Visa Checkout is currently available in our online
ticketing and will be extended
to the GSC Mobile App in the
future,” Golden Screen Cinemas
Sdn Bhd general manager Irving
Chee said.
No decision made yet on plain
packaging — health minister
BY C H E N S H AUA F UI
KUALA LUMPUR: Malaysia has
not decided whether to make
plain packaging of tobacco products a policy, Health Minister
Datuk Seri S Subramaniam said.
He said discussions are still
ongoing on the matter.
“We have not made any decision yet,” he told The Edge Financial Daily in the Parliament
lobby yesterday.
On Feb 25, the Confederation
of Malaysian Tobacco Manufacturers comprising British American Tobacco (Malaysia) Bhd,
JT International Bhd and Philip Morris (Malaysia) Sdn Bhd
issued a statement to warn the
government that enforcing plain
packaging on tobacco products
could have far-reaching implications on the use of trademarks
and intellectual property rights
in other industries.
The Malaysian International
Chamber of Commerce and Industry also came out to say that
the proposal to introduce plain
packaging measures in Malaysia
will create both an anti-business
and anti-competitive environment.
A plain cigarette packaging
shows only brand name in a
standard font, size and colour.
Australia is the first country in the
world to introduce plain-packaging laws.
Xidelang terminates plan to
acquire Chinese apparel maker
BY A L E X C H O N G
KUALA LUMPUR: China-based
sports shoemaker Xidelang Holdings Ltd has called off its proposed acquisition of apparel maker JinJiang YangSen Garments
Co Ltd.
In a filing with Bursa Malaysia yesterday, the company said
the two sides could not agree on
the acquisition consideration as
well as the proportion of cash
and the number of consideration
shares for the satisfaction of the
acquisition.
Last Monday, Xidelang announced that both sides had mu-
tually agreed to terminate the
heads of agreement (HoA) between them as they were unable to come to an agreement on
the terms and conditions for the
proposed acquisition.
Under the HoA signed on July
29, 2015, Xidelang was to satisfy
the purchase consideration via
cash and/or the issuance of new
shares at an issue price of 22 sen
per share. The acquisition sum
was to be disclosed upon completion of the due diligence exercise.
Xidelang shares closed unchanged at 5.5 sen yesterday,
with a market capitalisation of
RM134.77 million.
8 HOME BUSINESS
Malaysia confident of B10
implementation this year
All stakeholders have been consulted to ensure acceptance of policy
BY TA N SI EW MU NG
KUALA LUMPUR: The government
is confident of implementing the
much touted B10 biodiesel programme this year, said Plantation
Industries and Commodities Minister Datuk Amar Douglas Uggah
Embas.
The B10 biodiesel refers to a
blend of 10% palm oil or palm methyl ester (PME) and 90% of diesel.
“We have been undertaking extensive consultations with all the
stakeholders to ensure the acceptance of the policy that will be implemented. This is taking us a bit
of time to finalise the papers and
to get [a] final decision from the
Cabinet on its implementation,”
Uggah told reporters after delivering a keynote address at the Palm
and Lauric Oils Price Outlook Conference and Exhibition 2016 (POC
2016) here yesterday.
He said Malaysia has the facilities
to make the new blend of biodiesel
as soon as a decision is made. However, some testings needed to be
done and final discussions needed
to be carried out before its implementation.
Uggah declined to give a specific
timeline for the implementation.
On France's plan to impose progressive tax on all palm oil-based
products, Uggah said it is an “unfair policy that would kill the palm
oil industry”.
“We are monitoring it very closely;
we are working with our Indonesian counterparts, to convey our
protests to the French government
on the implementation,” Uggah said,
adding that the government is doing
whatever it can to make sure the bill
will not be passed.
“However, we are confident that
the French government will stand
by its bilateral policy with Malaysia,
to ensure that the Malaysian palm
oil industry is being treated fairly,”
he added.
The French Parliament on Jan 21
approved a bill that will see its palm
oil tax amount to €300 (RM1,359) per
tonne for 2017, €500 per tonne for
2018, €700 per tonne for 2019 and
€900 per tonne for 2020, from €103
per tonne currently.
On the implementation of export
tax for palm oil, Uggah said, it would
only be enforced in April if average CPO prices in March reached
RM2,250 per tonne.
“We will see the price for March
and determine the tax in April. As
soon as the price touches RM2,250,
the tax rate will be at 4.5%,” he said.
The benchmark May contract closed
down 17 points to RM2,520 per
tonne yesterday.
EcoWorld to help female staff realise their full potential
BY L AW Y I N - LY N
KUALA LUMPUR: Property developer Eco World Development Group
Bhd kicked off yesterday with a new
women's network that features a
series of structured learning events
to empower and help all EcoWorld
female employees realise their full
potential on the professional front.
Dubbed “Professional Women’s
Network (PWN)”, the initiative was
launched by EcoWorld chairman Tan
Sri Liew Kee Sin in conjunction with
the International Women’s Day 2016.
During the launch, Liew attributed EcoWorld’s quick rise in the
property development industry to
the dedication and talent of its female employees.
“The industry is often perceived
to be male-dominated. However, in
recent times, more and more women have risen to positions of power.
Liew (centre, standing with red tie) with
some of EcoWorld’s female employees
at the launch of PWN yesterday. Photo
by Patrick Goh
“In EcoWorld, 50% of management positions are held by women
especially in the fields of sales, marketing, customer care, finance, talent
management, audit and information
technology,” he said.
The group has approximately
1,000 employees, and 45% of the
workforce are female.
EcoWorld divisional general
manager of group talent management Angelin Low said PWN was
conceptualised as a platform to acknowledge women’s achievements
and create avenues for their climb
to the top.
“We strongly believe that there
can be a healthy balance of life and
work. Career need not take a back
seat when women start a family
and vice versa. PWN will enable
EcoWorld women to lead a full life
in all aspects,” she added.
EcoWorld’s inaugural PWN activity yesterday featured a day-long
event comprising a panel discussion,
a book sharing session, a workshop,
a professional beauty consultation
and a movie screening.
Global sukuk
issuance to be
lower in 2016
— RAM
BY A L E X C H O N G
KUALA LUMPUR : Global
sukuk issuance is expected
to drop in 2016 to between
US$55 billion (RM225.50 billion) and US$65 billion amid
ebbing global market sentiment, particularly in Malaysia,
said RAM Rating Services Bhd.
Last year, sukuk worth
US$66.4 billion were issued
worldwide.
The rating agency said its
projection takes into account
the core sukuk markets of Malaysia and the Gulf Cooperation
Council (GCC) member countries' government expenditure
cuts and potential delays in
infrastructure spending.
“While Malaysia and the
GCC will remain the leaders
in global sukuk issuance, supported by the funding requirements of the corporate and
quasi-government sectors, we
envisage Indonesia in 2016
will still have the economic
momentum to play a more
significant role in tapping the
global sukuk market to fund
its government budget,” RAM
head of Islamic finance Ruslena Ramli said in its 2016 Sukuk
Outlook Report yesterday.
Historically, more than 90%
of global sukuk issuance has
originated from Malaysia, the
GCC and Indonesia.
Ruslena said another encouraging trend is the rising
number of sovereign sukuk issues in 2014 and 2015, which
are anticipated to spill over into
2016 and increase the number of countries that are keen
on expanding their domestic
sukuk markets.
“We have also analysed the
sukuk markets of the GCC
member countries; the widening deficits of nations that
are more dependent on oil
exports could prompt the issuance of sovereign sukuk,”
she added.
Petronas gets boost as Malaysian sukuk costs fall
KUALA LUMPUR: Malaysia’s state oil
company is enjoying a twin boost as
commodity prices rally and Islamic
bond costs fall just as it considers
borrowing.
The difference in yield between
10-year government sukuk and
two-year securities shrank to a fivemonth low of 91 basis points last
week from as high as 128 in early January, making longer-term financing attractive for issuers such as
Petroliam Nasional Bhd (Petronas).
That’s been helped by record foreign
purchases of ringgit government
bonds last month, a rally in the currency and a recovery in Brent crude.
Petronas last month posted its
third loss in five quarters, announced
plans to cut 1,000 jobs and said it may
need to raise funds and tap cash re-
serves to cover capital expenditure
and dividends. The decline in bond
costs is also a bright spot for Prime
Minister Datuk Seri Najib Razak,
who’s seeking to finance a US$444
billion (RM1.82 trillion) development plan while contending with
slowing growth.
“The flattening yield curve reflects the general perception that the
pace of domestic economic growth
won’t be strong,” said James Lau, an
investment director at Pheim Asset
Management Asia Bhd overseeing
US$300 million. “The sweet spot
remains for companies, especially those involved in development
projects, to tap the loan and debt
markets.”
Azman Ibrahim, a Petronas official, couldn’t immediately be
reached for comment by phone or
email late on Monday.
Corporate sales of bonds that
prohibit the payment of interest
more than doubled in Malaysia to
RM9.6 billion in 2016 from a year
earlier, according to data compiled
by Bloomberg. The ringgit rallied
4.7%, the best performance among
24 emerging-market currencies after Indonesia’s rupiah and the Brazilian real.
Overseas investors increased
holdings of Malaysian sovereign
ringgit bonds to an unprecedented
RM176.7 billion in February from
the previous month as a global selloff in equities at the start of the year
boosted demand for fixed- income
securities. When accounting for
company notes, total ownership
fell 0.6% to RM215 billion.
“Demand-supply dynamics for
Islamic bonds will stay favourable
from the shift in asset allocation given the weakness seen in equities and
other asset classes,” said Fakrizzaki
Ghazali, a strategist at RHB Research
Institute Sdn Bhd. “Nonetheless, this
may not be a one-way affair as markets could be highly volatile again.”
The 10-year syariah-compliant
yield fell 41 basis points in 2016 to
a seven-month low of 4.11%, almost
six times as fast as the decline on
the equivalent two-year debt, according to Bank Negara Malaysia
(BNM) indices.
The possibility the central bank
may ease monetary policy this year
may also further support demand for
bonds. BNM unexpectedly cut the
statutory reserve requirement for
lenders at its last meeting in January
and kept the benchmark interest rate
at 3.25%. It’s also forecast by all 19
economists in a Bloomberg survey
to hold the rate tomorrow.
BNM expects inflation to tick
higher to 2.5% to 3.5% this year from
2.1% in 2015 even as economists
bet growth will weaken to 4.4%, the
slowest since a contraction in 2009.
“Inflation will be higher but not
to the extent that it will constrain
BNM from cutting the overnight
policy rate when it has to,” said Winson Phoon, fixed-income analyst
at Maybank Investment Bank Bhd.
The reduction in statutory reserves
“has led the market to believe that
the odds of a rate cut in 2016 have
increased,” he said. — Bloomberg
ST O C KS W I T H M O M E N T U M 9
Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and first appeared at www.theedgemarkets.com.
Please exercise your own judgement or seek professional advice for your specific investment needs. We are not responsible for your investment decisions.
Our shareholders, directors and employees may have positions in any of the stocks mentioned.
BURSA MALAYSIA BHD (+ve)
INTEGRATED exchange operator Bursa Malaysia (fundamental: 2.3/3; valuation: 1.1/3)
closed one sen or 0.1% lower to RM8.60 yesterday, with 1.47 million shares done.
For FY15, operating revenue increased
3.5% year-on-year to RM487.7 million on higher derivatives trading revenue, which helped
offset softer securities trading revenue. Net
profit, however, was flat at RM198.6 million,
largely due to higher staff costs and other operating expenses.
BURSA MALAYSIA BHD
Bursa Malaysia also proposed a final dividend of 18 sen per share for FY15, which will
go “ex” on April 1. It expects the market outlook for 2016 to remain challenging, but that
volatility in commodity prices and the FBM
KLCI will spur trading activities in its derivatives market.
The stock currently trades at a trailing
price-to-earnings of 23.2 times and 5.73 times
book value. Dividends for FY15 totalled 34.5
sen per share, giving a 4% yield.
Valuation score*
1.10
2.30
Fundamental score**
23.18
TTM P/E (x)
118.71
TTM PEG (x)
5.73
P/NAV (x)
4.00
TTM Dividend yield (%)
4,603.03
Market capitalisation (mil)
534.61
Shares outstanding (ex-treasury) mil
0.58
Beta
7.64-8.79
12-month price range
*Valuation score - Composite measure of historical return & valuation
**Fundamental score - Composite measure of balance sheet strength
& profitability
Note: A score of 3.0 is the best to have and 0.0 is the worst to have
POH KONG HOLDINGS BHD (-ve)
SHARES of Poh Kong (Fundamental: 0.85/3,
Valuation: 1.4/3) were heavily traded with 2.1
million shares changing hands yesterday, in
comparison to its 200-days average volume
of 409,943. At closing bell, the stock closed
0.88% or 0.5 sen higher at 57.5 sen.
Poh Kong saw its shares dropped to a
low of 47.6 sen from 51.5 sen at the end
of January before climbing to the current
level. This was despite the lack of any new
announcement.
POH KONG HOLDINGS BHD
In its 1QFY16 results, the group saw its net
profit fell 89.12% to RM336,000 from RM3.09
million a year ago due to the decrease in sales
volume. Revenue dropped 11.17% to RM172.3
million from RM194 million in 1QFY15. The
quarter’s performance was hurt by weak market sentiment.
The group is expected to release its 2QFY16
results by the end of this month. At current
level, it is trading at a trailing price-to-earnings
ratio of 21.4 times and half of its book value.
Valuation score*
1.40
0.85
Fundamental score**
21.41
TTM P/E (x)
(4.25)
TTM PEG (x)
0.51
P/NAV (x)
1.75
233.90
410.35
Shares outstanding (ex-treasury) mil
0.64
Beta
0.40-0.57
& profitability
TADMAX RESOURCES BHD (+ve)
SHARES of Tadmax (Fundamental: 2/3, Valuation: 0.9/3) have risen a cumulative 18.8%
to 38 sen since it announced strong results
for the fourth quarter ended Dec 31, 2015
(4QFY15) on Feb 29. The stock closed down
1.33% or 0.5 sen at 37 sen yesterday.
For 4QFY15, revenue more than tripled
year-on-year to RM8.8 million from RM2.4
million, on contributions from property development totalling RM4.5 million. Net profit,
however, was RM1.8 million compared to a
net loss of RM9.3 million a year ago. The net
profit includes gain on disposal of Tadmax
TADMAX RESOURCES BHD
Power Sdn Bhd amounting to RM6.1 million,
while the net loss in 4QFY14 includes an impairment on receivable of RM5 million.
Going forward, the company expects revenue
from its property business to improve significantly for 2016, underpinned by the development
progress of its property project in Ganggarak
Labuan. It is also in the final stages of negotiation
to participate in a property development project.
Originally a Sarawak-based timber concessionaire, Tadmax has diversified into property
development, construction, industrial supplies
and oil palm development.
Valuation score*
0.90
2.00
Fundamental score**
2.90
TTM P/E (x)
TTM PEG (x)
0.63
P/NAV (x)
166.78
Shares outstanding (ex-treasury) mil 444.76
0.88
Beta
0.26-0.39
& profitability
BURSA MALAYSIA BHD
(ALL FIGURES IN MYR MIL)
Financials
Turnover
EBITDA
Interest expense
Pre-tax profit
Net profit - owners of company
Fixed assets - PPE
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
BURSA MALAYSIA BHD
RATIOS
DPS ($)
Net asset per share ($)
ROE (%)
Turnover growth (%)
Net profit growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
FY12
FY13
FY14
FY2015Q4
31/12/2012
31/12/2013
31/12/2014
31/12/2015
424.6
226.6
215.3
150.6
209.7
921.2
857.6
(526.4)
475.0
259.0
245.6
173.1
206.4
877.1
811.2
(402.6)
503.8
278.0
271.8
198.2
197.3
802.6
748.7
(256.3)
135.6
58.5
70.6
50.6
191.2
853.0
803.5
(301.2)
FY12
FY13
31/12/2012
31/12/2013
31/12/2014
FY14 ROLLING 12-MTH
0.27
1.61
17.73
1.06
3.04
35.47
16.46
1.37
-
0.52
1.52
20.74
11.87
14.93
36.44
19.25
1.46
-
0.54
1.40
25.42
6.06
14.53
39.35
23.60
1.36
-
0.35
1.50
26.31
2.93
0.20
38.31
24.54
1.29
-
FY13
FY14
FY15
FY2016Q1
31/7/2013
31/7/2014
31/7/2015
31/10/2015
975.8
64.3
14.0
40.6
34.0
118.1
592.5
441.3
259.1
218.8
798.9
45.8
13.8
21.9
13.3
116.2
614.0
448.9
297.1
254.7
805.7
47.8
12.3
26.1
14.5
111.5
574.4
459.1
226.6
188.4
172.3
6.4
3.7
0.5
0.3
111.5
572.8
459.4
241.8
199.8
Financials
Turnover
EBITDA
Interest expense
Pre-tax profit
Fixed assets - PPE
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
RATIOS
DPS ($)
ROE (%)
Turnover growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
FY13
FY14
31/7/2013
31/7/2014
31/7/2015
FY15 ROLLING 12-MTH
0.01
1.08
8.15
17.55
(34.12)
3.48
6.05
3.75
49.58
4.59
0.01
1.09
2.99
(18.12)
(60.82)
1.67
2.21
3.70
56.75
3.33
0.01
1.12
3.19
0.85
8.82
1.80
2.44
3.82
41.03
3.88
0.01
1.12
2.41
(3.51)
(5.03)
1.39
1.81
3.49
43.50
3.05
FY12
FY13
FY14
FY2015Q3
31/12/2012
31/12/2013
31/12/2014
30/9/2015
0.5
(10.6)
12.8
(31.4)
(32.9)
85.4
497.1
217.3
216.5
215.8
16.5
(20.6)
12.1
(47.7)
(47.2)
74.1
412.7
176.7
225.1
223.7
22.6
(4.0)
8.7
(15.2)
(15.7)
78.5
296.0
196.9
217.9
215.5
3.4
(1.8)
0.1
(2.8)
(2.8)
79.5
362.6
263.3
(14.2)
Financials
Turnover
EBITDA
Interest expense
Pre-tax profit
Fixed assets - PPE
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
RATIOS
DPS ($)
ROE (%)
Turnover growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
FY12
FY13
31/12/2012
31/12/2013
31/12/2014
FY14 ROLLING 12-MTH
0.60
(14.07)
(1.78)
(6,636.69)
(6.22)
1.63
99.34
(0.83)
0.47
(23.96)
3,229.23
(285.87)
(10.38)
1.30
126.56
(1.71)
0.44
(8.42)
36.80
(69.66)
(4.44)
0.75
109.48
(0.46)
0.59
28.60
(79.56)
851.09
15.88
3.05
(21.16)
1 0 P R O P E RT Y S NA P S H
T
FREE
transaction
data
latest
classified
listings
news
trend
analysis
and more
analytics
Source: TheEdgeProperty.com
What are developments
priced in KLCC?
KLCC top 5 most expensive condominiums/apartments
by average price per square foot
• Today, we continue our focus on KLCC by looking at average prices on a per
square foot (psf) basis. Based on transactions analysed by TheEdgeProperty.
com, the average price of condominiums in the area was RM1,167 psf in 1Q2015,
up 9.8% y-o-y.
• While in the primary market we often hear of the latest projects breaking price
records, prices in the secondary market have yet to reach the benchmarks set
by the latest properties. In the 12 months to 1Q2015, the RM801 — RM1,000 psf
price range accounted for the largest share of transactions (21.7%). This was
followed by the RM1,001 — RM1,200 psf range (18.8%). Altogether, sales valued
over RM1,000 psf accounted for 58.2% of transactions.
• Of the top five most expensive projects, most of them (with the exception of The
Troika) have smaller than average unit sizes in order to cater to different needs.
They are led by Marc Residence with an average price of RM1,474 psf. Units at Marc
Residence range from studios (463 square feet (sq ft)) to penthouses (3,122 sq ft).
• Some of the smallest units in KLCC can be found at Soho Suites, with an average
price of RM1,349 psf. Unit sizes here generally range from 603 sq ft to 970 sq
ft. Interestingly, this project also recorded the highest volume of transactions,
with 55 units sold within the 12-month period. The most popular units were
the 1-bedroom units, which saw transacted prices between RM680,000 to
RM1,001,000.
• However, the most expensive unit transacted on a per square foot basis can
be found at The Troika. In October 2014, a 2,551 sq ft unit was unloaded for
RM1,796 psf.
Source: TheEdgeProperty.com
KLCC top 5 least expensive condominiums/apartments
by average price per square foot
The Analytics are based on the data available at the date of publication and may be subject to revision as and
when more data becomes available.
‘Shanghai property market overheated’
BY EMMA DON G
SHANGHAI: Shanghai’s most senior official said the city’s property market had “overheated” and
should be more tightly controlled
after a recent surge in residential
housing prices.
“An irrational and overheated
sentiment have emerged in the
Shanghai real estate market, and
these sentiments have raised home
prices,” Han Zheng, the city’s Communist Party chief, said at a briefing
during annual legislative meetings
in Beijing on Sunday.
Residential home prices in
China’s so-called first-tier cities
of Beijing, Shanghai, Tianjin and
Shenzhen have surged amid a relaxation of housing curbs intended
to boost real estate investment and
increased monetary stimulus from
the central bank.
New home prices in Shanghai
jumped 2.2% in January from a
month earlier, while existing home
prices increased 2.7% from a month
earlier, the most since 2013, according to data from the nation’s
statistics bureau.
Last month, lines of prospective
buyers outside property agents’ offices in a Shanghai suburb clogged
roads and forced police to curb traffic to maintain order, Caixin report-
ed. The frenzy prompted the city
government to issue a call for calm
on its official microblog account.
Han said his city would strengthen housing regulations without giving details of specific measures, saying only that regulations should be
“scientific as housing is a specialty
commodity”.
In a sign of the diverging trends
of property markets in China’s largest cities from other regions, the
governor of Guangdong province
discussed at a separate briefing on
Sunday measures that would bolster home prices in his jurisdiction.
Zhu Xiaodan said his province is
drafting a plan to allow some large
state-owned enterprises to purchase
homes to help reduce inventory, with
the goal of reducing 20 million sq m
of home inventory in three years.
Figures for 70 cities tracked by
the National Bureau of Statistics
showed last month that new-home
prices climbed month-on-month in
38 cities in January, compared with
gains for 39 in December. At the
same time, 24 cities saw declines
in January.
The property market in Shenzhen, the city in Guangdong province that borders Hong Kong, has
seen the biggest boom in the country, rising 52% in January from a year
earlier. — Bloomberg
Almost 100 million homes may run only on solar by 2020
BY A NN A H I RT ENSTEIN
LONDON: Almost 100 million households worldwide may be powered
by solar panels by 2020, according
to Bloomberg New Energy Finance.
The off-grid solar market has
grown to US$700 million (RM2.87
billion) now from non-existent less
than a decade ago, according to a
report last Thursday from the London-based research company and
the World Bank Group’s Lighting
Global. They expect that to swell
to US$3.1 billion by the end of the
decade.
There are about 1.2 billion people without access to energy and
another billion who are connected
to a national grid, but with unstable power. The report estimates
that they spent US$27 billion on
crude lighting methods such as
kerosene and candles last year. De-
mand for reliable energy is soaring
with burgeoning populations and
rising industrialisation in emerging
economies.
About 95% of these people are
in sub-Saharan Africa and the developing parts of Asia — and this is
where the off-grid industry is taking
hold. Kenya, Tanzania and Ethiopia
are leading the way in Africa and India in Asia.
“Big markets with low energy
access and an existing supply chain
for portable PV products create the
conditions for this technology to
catch on,” said Itamar Orlandi, an
analyst at Bloomberg New Energy
Finance. “Much of the growth will
continue to come from today’s large
markets, while stronger economies
with unstable electricity grids such
as Nigeria may see higher demand
for large solar home systems.” —
Bloomberg
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Astana Residence
records 60%
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Leadmont Group
unveiling Holiday Villa
investment scheme
by end of March
Land parcel for sale in
Sydney and Melbourne
Fukushima ‘dark
tourism’ aids
remembrance
and healing
Resimax invites
Malaysians to invest
in South Morang
B R O K E R S’ C A L L / T E C H N I C A L S 11
Market facing resistance
BY B ENN Y L EE
W
e mentioned
last week that
the market is
set to rebound
and with the
help of a
stronger ringgit, higher crude oil
prices, and generally bullish global market performances, the FBM
KLCI rose 1% in a week to 1,687.86
points. However, the index seems
to be facing resistance at 1,710
points as it pulled back yesterday
after testing the resistance level on
Monday. The ringgit strengthened
against the US dollar from 4.17 a
week ago to 4.10.
Trading volume started to increase last week. The average daily
trading volume in the past week was
two billion shares compared with
1.7 billion shares two weeks ago. Average trading value also increased
from RM2 billion to RM2.3 billion.
Foreign institutions continued to
be the main bullish driver of Bursa
Malaysia. Net buying from foreign
institutions (from Monday to Friday
last week) was RM972 million. Net
selling from local institutions and
local retail were RM820 million and
RM152 respectively.
For the FBM KLCI, gainers
outpaced decliners three to one.
The top gainers for the week were
SapuraKencana Petroleum Bhd
(+7.6% in a week), RHB Capital Bhd
(+6.1%) and Maxis Bhd (+2.9%).
Top decliners were Genting Malaysia Bhd (-1.6%), British Ameri-
can Tobacco (M) Bhd (-1.4%) and
Telekom Malaysia Bhd (-0.9%).
Markets in Asia were generally
bullish, led by China, but the pullback in the past two days erased
some gains. China’s Shanghai Stock
Exchange Composite Index rose
6.1% in a week to 2,899.91 points.
Hong Kong’s Hang Seng Index increased 3.1% to 20,011.58 points and
Singapore’s Straits Times Index rose
3.6% to 2,778.77 points. Meanwhile,
Japan’s Nikkei 225 Index increased
4.3% in a week to 16,783.15 points.
The bulls were back in the US and
European markets after a correction
two weeks ago. The US Dow Jones
Industrial Average increased 3.4%
in a week to 17,073.95 points on
Monday, the highest in two months.
Germany’s DAX Index rose 3% in a
week to 9,778.93 points, and London’s FTSE 100 Index rose 1.4% to
6,182.4 points, also on Monday.
The US dollar weakened in the
last week. The US dollar index fell
from 98.2 points a week ago to 97.1
points on Monday. The Commodity
Exchange gold also increased despite a stronger US dollar. The price
increased 2.3% to US$1,268.00 an
ounce in a week, the highest in 13
months. West Texas Intermediate
crude oil jumped 12% in a week to
US$37.98 per barrel, the highest in
three months. Crude palm oil on
Bursa Malaysia was directionless
again and closed 0.3% lower from last
week at RM2,529 per tonne yesterday.
The FBM KLCI is technically
bullish above the short- and longterm 30-day and 200-day moving
averages. The index also broke
above the downtrend resistance
line (R1 on the chart). Further-
Daily FBM KLCI chart as at March 8, 2016.
more, the index is also above the
Ichimoku Cloud indicator. The bullish trend, however, faced resistance
at 1,710 points. The pullback yesterday formed a bearish reversal
Japanese candlestick pattern called
the “engulfing” bear. Support of
confirmation of the engulfing bear
pattern is at 1,684 points.
The bullish trend is strongly bullish according to the momentum
indicators. The Relative Strength
Index indicator is above its mid-level and the moving average convergence divergence indicator is above
its moving average. Furthermore,
the FBM KLCI is above the middle
band of the Bollinger Bands indicator. However, further declines in
the index may cause these indicators to pull back and momentum
becomes weak.
If the FBM KLCI does not rebound from current levels, we may
see further declines. Support level
is at 1,684 points and if this level is
broken, then we expect the index
to test the 1,655 and 1,660 support
levels, based on the 30-day moving average, short-term uptrend
support line (S1 on chart) and the
Ichimoku Cloud. If it stays above
the support level, expect the index
to trend sideways between 1,685
and 1,710 points.
Benny Lee is chief market strategist
for Jupiter Securities Sdn Bhd. Jupiter Securities is a participating
broker in Bursa Malaysia. He can
be contacted at bennylee.kl@gmail.
com. The views expressed in the article are the opinions of the writer
and should not be construed as investment advice. Please exercise your
own judgement or seek professional
advice for your investment decisions.
Coastal Contracts looking to secure a regional project
Coastal Contracts Bhd
(March 8, RM1.69)
Maintain market perform with
an unchanged target price (TP)
of RM1.76: We came away from
Coastal Contracts Bhd’s (Coastal)
fourth quarter of financial year
2016 (4QFY16) briefing feeling
concerned over its FY17/18 estimate earnings outlook due to its
depleting order book. Aware of
the current challenging environment, the management is in talks
to secure new projects, but within
the same sector. While the nature
of new business ventures was not
disclosed, we believe this is a good
move to diversify Coastal’s current
concentrated risk in shipbuilding.
Having said that, the core business will continue to face margin
pressure amid slower vessel sales.
Balance sheet-wise, Coastal is still
relatively healthy with a net cash
position compared with industry
peers having an average net gearing of 0.6 times. All in, we maintain
a “market perform” call with a TP
of RM1.76 pegged to calendar year
2016 (CY16) price-earnings ratio
(PER) of eight times.
We are guided that Coastal is
looking to take on new projects in
the region such as Brunei. While
the management is keeping its
lips sealed on the nature of new
contracts, which we believe will
require a blend of Coastal’s core
expertise and new skills, we have
come to know that one of the projects is a regional one with a potential contract value of RM500
million, spanning over three to
four years.
We also understand that this
project requires collaboration from
other parties and external funding
to execute. No further details were
disclosed as the deal is still at a
preliminary stage and will only
materialise earliest at the end of
the year.
Its first jack-up gas compression
service unit (JUGSU) to Petróleos
Mexicanos SA is currently undergoing commissioning in Mexican
waters, and looking to generate
recurring income by the second
half of CY16 (2HCY16), slightly
slower than the initial expectation
of 1HCY16.
There are no changes to our
forecast as we have already factored in the delay into our forecast.
The management is confident that
it is in a good position to secure an-
Coastal Contracts Bhd
FYE JUNE (RM MIL)
Turnover
Ebit
PBT
Net profit (NP)
Core NP
EPS (sen)
EPS growth (%)
NDPS (sen)
NTA/share (RM)
BV/share (RM)
PER
Price/NTA (x)
Net gearing (x)
Dividend yield (%)
2014A
877.2
185.6
192.9
190.8
190.8
35.9
25.8
7.2
3.0
3.0
5.0
0.6
N.Cash
4.0
2016E*
1,881.0
211.9
209.3
198.8
198.8
37.4
4.2
5.6
3.0
3.0
4.8
0.6
0.3
3.1
2017E
805.5
123.1
145.3
136.7
136.7
25.7
-31.2
3.9
3.2
3.2
7.0
0.6
0.1
2.2
*FY16E consists of 18 months as the company has changed its financial year end from December to June
Source: Kenanga
other gas unit project should this
JUGSU be successfully operated.
Recall that Coastal has made
an impairment loss on receivables
of RM9 million and inventories
write-downs amounting to RM56.7
million (more than 10% of stocks
to build) in 3Q16.
Although the management assured that there will not be any
further impairment in the next
two quarters, we reckon that there
is still impairment risk as we believe the market prices of vessels
will fall further due to oversupply.
The management guided that
the operating environment continues to be tough and net margin
for vessel sale has dropped to a
single digit to 9% in 4Q16 versus
22% in FY14. Meanwhile, Coastal
has stopped building new vessels,
and their focus is to let go all the
vessels in hand, including RM500
million worth of build to stocks, to
recoup cash even at a slight loss
of 5% for selective type of vessels.
Hence, expect further margin compression in the next few quarters.
Given the quiet offshore support vessel market amid the industry downturn and current order
book of RM1.2 billion, likely to last
till 1HCY17, we believe Coastal will
encounter earnings weakness in
FY18 due to slow pickup in vessel
sales. Balance sheet-wise, Coastal is back to net cash position of
RM34 million in 4Q16 from a minimal net gearing of 0.06 times in
3Q16, which is healthy versus industry average of 0.6 times.
All in, we feel that the near-term
outlook remains sluggish, especially
in FY18 when the remaining order
book dries up. Rerating catalysts
could emerge if Coastal manages
to venture into new space and secure sizeable regional projects. We
maintain a “market perform” call
at a TP of RM1.76 pegged to a CY16
PER of eight times. — Kenanga Research, March 8
12
SOUTHEAST ASIAN ART
2016
1pm, 20 March 2016 at Hilton Kuala Lumpur
2
1
3
4
1.
2.
3.
4.
5.
6.
7.
8.
YONG MUN SEN, Seaside View,1951, Watercolour on paper, 37CM X 55CM. AUCTION ESTIMATE: RM18,000 – RM25,000
CHUAH THEAN TENG, DATUK, Untitled, Circa 1960s, Batik, 54CM X 45CM. AUCTION ESTIMATE: RM25,000 – RM29,000
CHANG FEE MING, Rumah Kuning (Yellow House), Pulau Duyung, 1985, Watercolour on paper, 27CM X 36CM. AUCTION ESTIMATE: RM35,000 – RM60,000
KHOO SUI HOE, Boy with Pink Lips, Circa 1960s, Oil on board, 54CM X 37CM. AUCTION ESTIMATE: RM29,000 – RM35,000
MAT ALI MAT SOM, Undur Derhaka, 2013, Metal sculpture on granite block with drawing on original pedestal, Variable. AUCTION ESTIMATE: RM16,000 – RM19,000
LEE LONG LOOI, Picking Lotus, 1990, Watercolour & pastel on paper, 84CM X 110CM. AUCTION ESTIMATE: RM20,000 – RM40,000
JIMMY ONG, Sixteenth (detail), 2001, Charcoal on paper, 230CM X 138CM. AUCTION ESTIMATE: RM40,000 – RM60,000
SUGENG RUDI, BigSu, 2015, Acrylic on canvas, 149CM X 120CM. AUCTION ESTIMATE: RM12,000-RM17,300
WE
13
5
6
7
8
PREVIEWS
PENANG
OPENING RECEPTION
PUBLIC EXHIBITION
|
|
4 March, 6pm – 9.30pm
5 & 6 March, 10.30am – 6.30pm
THE LIGHT COLLECTION III Club House
1 Jalan Pantai Sinaran
11700 Gelugor, Penang
KUALA LUMPUR
OPENING RECEPTION
PUBLIC EXHIBITION
|
|
11 March, 6pm – 10pm
12 – 18 March, 11am – 7pm
White Box @ Publika Shopping Gallery
Level G2, Block A5, 1 Jalan Dutamas 1
Solaris Dutamas, 50480 Kuala Lumpur
FOR ENQUIRIES
Contact: Johnni Wong
|
Tel: +6019-6620 979 |
Correspondence: General Manager – The Edge Auction, The Edge Galerie Sdn Bhd, Level 3, Menara KLK, 1 Jalan PJU 7/6, Mutiara Damansara
47810 Petaling Jaya, Selangor, Malaysia.
SUPPORTED BY
14 B R O K E R S’ C A L L
Pengerang project
expected to drive
PetGas’ earnings
Petronas Gas Bhd
(March 8, RM22.48)
Maintain neutral with a higher
target price (TP) of RM22.55: Petronas Gas Bhd’s (PetGas) financial
year 2015 (FY15) earnings trailed
our estimates to make up 88% of
our full-year forecasts. The earnings
shortfall was mainly due to higher
operating expenses on the back of
the ongoing plant rejuvenation and
revamp project.
The regasification terminal in
Sungai Udang, Melaka, also saw
operating expenses increase on a
higher depreciation charge, following an adjustment made to its development costs. The weaker results
were also attributed to the softer
associate contribution, which was
inflated in FY14 by the recognition
of the deferred tax allowance at its
Kimanis power plant, amounting
to RM154.5 million.
We revised PetGas’ FY16F (forecast) earnings by -4.5% to factor in
the higher operating expenditure
(opex) and lower associate contribution, while we kept our FY17F
earnings largely unchanged. We
also introduce our FY18F earnings
forecasts. We now expect FY16F
earnings to grow by 7% from 9.6%
before easing to 3.5%, and picking
up to 8.6% in FY18F to reflect the
contribution from the new regasification terminal in Pengerang, Johor.
Despite PetGas’ higher-than-expected opex in FY15, we believe its
stable earnings outlook remains
largely intact. We like PetGas for
its defensive earnings and strong
BIMB Holdings Bhd
FYE DEC (RM MIL)
Petronas Gas Bhd
FYE DEC (RM MIL)
Total turnover
Reported net profit
Recurring net profit
Recurring net
profit growth (%)
Recurring EPS
DPS
Recurring PER (x)
P/B (x)
P/CF (x)
Dividend yield (%)
EV/Ebitda (x)
Return on average
equity (%)
Net debt to equity (%)
Our vs consensus
EPS (adjusted) (%)
2014
2015
2016F
2017F
2018F
4,392
1,843
1,741
4,456
1,987
1,747
4,498
1,867
1,867
4,579
1,932
1,932
5,203
2,098
2,098
(15.5)
0.88
0.55
25.6
4.23
16.8
2.4
14.4
0.4
0.88
0.60
25.5
3.89
15.6
2.7
15.0
6.9
0.94
0.67
23.8
3.72
17.3
3.0
14.3
3.5
0.98
0.69
23.0
3.55
16.9
3.1
13.0
8.6
1.06
0.76
21.2
3.39
15.6
3.4
11.5
17.7
2.3
18.1
net cash
15.9
net cash
-
-
1.3
15.8
16.3
net cash net cash
3.0
4.7
Source: Company data, RHB
long-term fundamentals, which are
backed by the continued industrialisation in Malaysia that should
see a rising demand for gas.
In the medium term, PetGas’
earnings growth is expected to be
driven by its 65%-owned RM2.7 billion regasification terminal project
in Pengerang. Construction of the
plant with an annual capacity of
3.5 million tonnes (compared with
3.8 million tonnes at the existing
Melaka regasification terminal) is
slated for commercial operations
by the fourth quarter of 2017.
However, we believe there are
limited catalysts for its share price,
while the earnings potential from its
new regasification plant has been
largely priced in. Key earnings risks
include missing efficiency targets,
which will result in lower performance-based incomes, lower gas
transportation volume, and delays
in the completion of the Pengerang
regasification terminal.
We remain “neutral” on PetGas
with a revised TP of RM22.55 from
RM22.40 after rolling forward our
discounted cash flow valuation for
its core operations. Our TP implies
a FY16F/FY17F price-earnings ratio
of 23.9 times and 23.1 times, respectively. — RHB Research, March 8
Pre-prov profit
Net profit
Net profit (pre ex)
Net profit growth (pre ex) (%)
EPS (sen)
EPS pre ex (sen)
EPS growth pre ex (%)
Diluted EPS (sen)
PER pre ex (x)
Net DPS (sen)
Dividend yield (%)
ROAE pre ex (%)
ROAE (%)
ROA (%)
BV per share (sen)
P/BV (x)
2015A
2016F
2017F
2018F
992
547
547
2.8
36.1
36.1
1
35.5
10.2
11.8
3.2
17.2
17.2
1.1
221
1.7
1,109
558
558
1.9
35.6
35.6
(1)
35.1
10.3
11.7
3.2
15.4
15.4
1.0
241
1.5
1,262
599
599
7.4
37.2
37.2
4
36.6
9.9
12.2
3.3
14.8
14.8
1.0
262
1.4
1,436
682
682
13.7
41.0
41.0
10
40.4
9.0
13.5
3.7
15.0
15.0
1.0
284
1.3
Source: Company, AllianceDBS Research, Bloomberg Finance LP
Softer consumer sentiment could
dampen BIMB’s loan growth
BIMB Holdings Bhd
(March 8, RM3.68)
Maintain hold with an unchanged
target price (TP) of RM3.85: We attended BIMB Holdings Bhd’s (BIMB)
analysts’ briefing on its financial year
2015 (FY15) performance released
last week. To recap, its net profit
grew by a subdued 2.8% year-onyear (y-o-y), primarily due to higher
provisions in FY15 (+31%). Cost-toincome ratio was fairly stable.
Financing growth moderated to
16% (from 24% in FY14) as momentum slowed across the board. Deposits (including investment accounts)
registered 7.7% growth. Financing
to deposit ratio stood at 80%. Management revealed that its liquidity
coverage ratio stood at 95%.
BIMB remains Malaysia’s only
syariah-compliant bank and is a key
beneficiary of the growing Islamic
finance sector. Nevertheless, BIMB
is not immune to the challenges in
the banking sector, which include
slower loan growth, sluggish capital
markets and higher credit costs as
recoveries have normalised.
BIMB has a target to achieve fi-
nancing growth in the low teens (our
forecast is at 12%). Management expects credit costs to remain similar
to FY15’s level (20 basis points), but
we have conservatively assumed
credit costs to inch up in FY16 to 36
basis points. BIMB is also hopeful of
keeping its net interest margin stable,
premised on its liability management
strategy. BIMB targets to achieve a
20% return on equity (ROE) and a
1.3% return on asset (based on profit
before zakat and tax).
Our TP of RM3.85, implying 1.6
times FY16F (forecast) book value,
is derived from the Gordon Growth
Model. Our TP assumes 16.5% ROE,
4% long-term growth and 11% cost of
equity. We see a limited upside to the
stock as softer consumer sentiment
could dampen the bank’s loan growth.
Our “hold” recommendation is
premised on a challenging operating
environment for BIMB amid weaker
consumer sentiment. The consumer
sentiment index dropped to a fresh
low of 63.8 in the fourth quarter of 2015.
Consumer loans make up slightly more
than 60% of BIMB’s total loan portfolio. — AllianceDBS Research, March 3
Selldown in MyEG shares an opportunity to accumulate
My EG Services Bhd
(March 8, RM2.04)
Maintain add with an unchanged
target price (TP) of RM2.83: My EG
Services Bhd’s (MyEG) share price
has been down 7% over the past
three trading days. We believe that
one of the reasons for the short-term
selldown is confusion about the
“front-end” and “back-end” processing of illegal foreign workers.
We understand there are five parties
involved in the “front-end” processing of the illegal foreign workers:
one for Indonesia, one for Myanmar
and three for “other” foreign workers. MyEG is one of three parties
allowed to register “other” foreign
workers. Registration of an illegal
foreign worker will cost RM1,134.52,
says MyEG.
On its frequently asked questions webpage, MyEG indicated
that it will only accept “front-end”
processing of illegal foreign workers from countries other than In-
donesia and Myanmar. We think
that investors misunderstood this
statement.
MyEG makes an average RM100
revenue for each illegal foreign
worker who registers under this
rehiring programme, regardless
of nationality.
In February, Home Ministry
secretary-general Datuk Seri Alwi
Ibrahim announced that the rehiring programme would be carried
out from Feb 15 to Aug 15, 2016.
In the first week, we believe that
the registration was slow, but momentum has picked up over the
past one to two weeks. This is because the Immigration Department
has been conducting regular raids
on construction sites, plantations
and nightclubs. The illegal foreign
workers arrested in these raids will
be deported to their respective
countries.
As such, businesses are now
looking to register them under their
employment as they cannot afford
to lose these workers. To make matters worse for employers, the Malaysian government has imposed a
hiring freeze on new foreign workers, which means that new labour
supply is capped for now.
We understand there are four to
five million illegal foreign workers
in the country now. We have conservatively assumed that MyEG will
register one million by June this
year. If MyEG only registers 0.5 million workers in financial year 2016
(FY16) and another 0.5 million in
FY17, our FY16 earnings per share
(EPS) falls by 12%, but FY17 EPS
rises by 11.6%. However, our TP
for MyEG is unchanged, based on
21 times calendar year 2017 (CY17)
price-earnings ratio (PER) (in line
with the average of its peers).
We maintain our FY16-FY18 EPS
and TP, based on an unchanged
CY17 PER of 21 times (in line with
the average of its peers). MyEG’s
My EG Services Bhd
FYE JUNE (RM MIL)
Revenue
Operating Ebitda
Net profit
Core EPS (RM)
Core EPS growth (%)
FD core PER (x)
DPS (RM)
Dividend yield (%)
EV/Ebitda (x)
P/FCFE (x)
Net gearing (%)
P/BV (x)
ROE (%)
CIMB/consensus EPS (x)
2014A
2015A
2016F
2017F
2018F
110
62.9
50.1
0.02
43
95.81
0.005
0.25
76.25
234.8
(2.2)
27.18
31.7
-
142
84.0
68.0
0.03
36
70.59
0.008
0.40
56.57
67.7
(21.5)
21.41
33.9
-
438
211.1
194.2
0.08
186
24.72
0.020
1.00
22.61
37.4
(7.4)
13.33
66.5
0.79
541
270.0
252.4
0.11
30
19.02
0.030
1.50
17.35
28.7
(21.5)
8.94
56.3
0.75
1,106
434.5
416.2
0.17
65
11.53
0.045
2.25
10.41
14.5
(33.3)
5.80
61.0
0.87
Source: Company data, CIMB forecasts
share price has fallen 7% over the
past three trading days, providing
investors with an opportunity to
accumulate. Potential rerating cat-
alysts include the higher-than-expected registration of illegal foreign workers. — CIMB Research,
March 8
15
WE D N E SDAY MA RC H 9 , 2016 • T HEED G E FINA NCIA L DA ILY
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16 H O M E
PM, DPM and Hisham
targets of Daesh kidnappers
The group also planned attacks on places of worship and public places, says Zahid
KUALA LUMPUR: The nation’s
security forces had succeeded in
thwarting several attempts by the
Daesh militant group to kidnap
the country’s leaders including the
prime minister, the Dewan Rakyat
was told yesterday.
Deputy Prime Minister and Home
Affairs Minister Datuk Seri Dr Ahmad
Zahid Hamidi revealed that apart
from Prime Minister Datuk Seri Najib Razak, he and Defence Minister
Datuk Seri Hishammuddin Hussein
had also been the targets.
“On Jan 30, 2015, a total of 13 individuals associated with the Daesh
Ending child
marriage still
Unicef Malaysia’s
top priority
KUALA LUMPUR: In line with
International Women’s Day
yesterday, the United Nations
Children’s Emergency Fund
(Unicef ) Malaysia, reiterated
its commitment to end child
marriage, which remains the
organisation’s top priority.
In this regard, the organisation said that it would continue
to work together with the government and other stakeholders for children.
In a statement issued here
yesterday, Unicef said that
as Malaysia moves towards
achieving high-income nation
status, it is even more crucial
that all Malaysian children
have equal rights and access
to services and opportunities
to achieve their full potential.
“In marking International Women’s Day today (yesterday), let us not allow child
marriage to rob our children,
especially girls, of their opportunity to thrive,” the organisation said.
It pointed to remarks made
by Women, Family and Community Development Minister
Datuk Seri Rohani Abdul Karim recently regarding child
marriage.
Rohani had said that child
marriage is a serious violation
of human rights that impacts
all aspects of a child’s life, especially girls.
This year’s Women’s Day is
themed “Planet 50-50 by 2030:
Step It Up for Gender Equality”, which is the official United
Nations theme to reflect on
how to accelerate and build
momentum for the effective
implementation of the 2030
Agenda for Sustainable Development. — Bernama
militant group plotted to kidnap the
country’s top leaders including the
prime minister, home and defence
ministers,” he said.
Ahmad Zahid was responding to
a question from Paya Besar member
of parliament Datuk Abdul Manan
Ismail, who wanted clarification on
the Royal Malaysia Police’s success in
preventing terrorist attacks by Daesh
militants in the country.
Besides the plot to kidnap, he
said, the group also planned attacks on places of worship and
public places, stealing firearms
from army camps as well as rob-
bing cash to finance their activities.
He said although there was no
Daesh branch in the country, those
influenced by the militant group’s
ideology received instructions directly from the group in Syria led by
Abu Bakr al-Baghdadi.
According to Ahmad Zahid,
Daesh militant group’s activities in
this country were evident throughout
September 2014 to May 2015 and in
that period, the security forces detected four plots by the group to attack
several locations in Kedah, Kuala
Lumpur and Putrajaya.
“Looking at the developments
on this terrorist threat, we saw a
need for an integrated and holistic
action and to handle the situation,
the home ministry and the police
resorted to information-sharing cooperation with foreign intelligence
agencies, particularly with Asean
countries,” he said.
According to him, as a result of
the cooperation, close monitoring
was conducted to keep track of those
involved with the militant group
and names of individuals involved
were extended to the immigration
department to be put on the blacklist and suspects list. — Bernama
Ex-senior manager charged
with submitting false claims
JOHOR BARU: A former senior manager of a private company pleaded
not guilty in the Sessions Court here
yesterday to 115 counts of submitting
false claims, involving RM101.64
million.
Foo Tseh Wan, 39, who was then
employed by Toyota Tsusho (M) Sdn
Bhd here, was charged with submitting false documents or purchase
orders with intention to deceive the
company’s deputy general manager
Eiichi Hasegawa.
He was alleged to have submitted 115 purchase orders, purportedly approved by Hasegawa, to three
companies for the supply of plastic
resin products worth RM101.64 million, despite knowing that no such
approval was given by Hasegawa.
The purchase orders were submitted to Mepcom Polymer Sdn Bhd, JB
Advance Plastic Marketing Sdn Bhd
and Sors Polymer Sdn Bhd through
two sales executives of Toyota Tsusho.
Foo was charged with committing
the offence at Unit 20.01 A, Level 20,
Menara MAA, Jalan Dato Abdullah
Tahir here between Dec 19, 2014 and
May 7 last year. — Bernama
Solar eclipse spectacle fuels tourist buzz
JAKARTA: Twelve provinces in Indonesia will experience darkness
this morning due to a total solar
eclipse, a phenomenon which occurs when the moon is in line between the earth and sun.
Thousands of local and foreign
tourists are making a beeline to the
areas that will experience the full
eclipse, which falls on the day of
the Nyepi Festival, a public holiday.
Local media reported that local
governments in the 12 provinces
were organising various facilities
for travellers to view the rare phenomenon.
Bengkulu Province will be the
first region to experience the solar
eclipse and the local government
has prepared Fort Marlborough
as the place to view the phenomenon by providing a wide range of
binoculars.
According to a spokesman for
the provincial authorities, people
in Bengkulu will witness the darkest shadow of the eclipse, when it
crosses the province.
The solar eclipse is expected to
pass the district of Muko Muko at
7.19am and it is called the peak of
the eclipse when the moon covers
the sun completely.
The eclipse will begin at Bengkulu province at 6.19am and last until
An employee of the Planetarium Sultan Iskandar in Kuching, Sarawak, yesterday trying
on a pair of special sunglasses for viewing the solar eclipse, which will be partially
visible for four minutes and nine seconds throughout Malaysia from 7.24am today.
Photo by Bernama
8.27am West Indonesia time, and
the peak of the eclipse will occur
for a minute at 7.19am.
At Fort Marlborough, events will
begin with congregational prayers
for the solar eclipse, which will be
participated by the governor of
Bengkulu, Ridwan Mukti.
Other areas that will experience
the eclipse are West Sumatra, South
Sumatra, Jambi, Bangka Belitung,
West Kalimantan, Central Kalim-
antan, South Kalimantan, East Kalimantan, West Sulawesi, Central
Sulawesi and North Maluku.
Hotels in these regions are fully
booked and local authorities have
also allowed traders to open temporary booths to sell food, drink
and souvenirs to visitors.
The solar eclipse will be partially
visible for four minutes and nine
seconds throughout Malaysia from
7.24am today. — Bernama
IN BRIEF
Speaker rejects
no-confidence motion
against MB Ahmad Razif
K UA L A T E R E N G G A N U :
Terengganu State Assembly
Speaker Datuk Mohd Zubir
Embong rejected a no-confidence motion against Menteri Besar Datuk Seri Ahmad
Razif Abdul Rahman moved
by Kijal assemblyman Datuk
Seri Ahmad Said during the
assembly’s sitting yesterday.
“After studying the Standing
Orders, I find that Clause 33
must be referred together with
Clause 45, which states that in
whatever situation, the permission of the Speaker must be
obtained [to move a motion]
even though without notice
and I find this motion does not
have any element of urgency or
that important that it must be
debated without delay,” Mohd
Zubir said. — Bernama
Royal Malaysian Navy to
receive first LCS in 2019
LUMUT: The efficiency of the
Royal Malaysian Navy (RMN)
will be further increased when
it receives the first batch of its
littoral combat ships (LCS) in
2019, Defence Minister Datuk Seri Hishamuddin Hussein said. He said, with the
presence of the locally made
combat ships, the RMN would
increase the combat capability of its combatant ships to 10
from four previously. “With the
twofold increase in its capability, of course more operations
can be carried out quickly and
more effectively, and hence
improve the efficiency of our
team,” he said yesterday. —
Bernama
58 plead not guilty in
Syariah court
KUALA LUMPUR: Fifty-eight
individuals pleaded not guilty
in the Syariah High Court here
yesterday to charges in connection with the spread of a
religious doctrine known as
the Millah Ibrahim @ Abraham
teachings. They comprised 12
women and 46 men, aged between 19 and 59, with students
among them. Syariah judge
Abdul Karim Wahab allowed
them bail of either RM4,000
in one surety or RM5,000 in
two sureties each and ordered
them to report themselves at
the Federal Territory Islamic
Religious Department every
two weeks. — Bernama
PAS to convene meeting
over Dr M’s declaration
KUALA LUMPUR: The presence of two PAS leaders at the
signing of a declaration initiated by former prime minister
Tun Dr Mahathir Mohamad
last week does not reflect the
party’s support for the declaration, said PAS Information chief
Nasruddin Hassan. He said the
party sent PAS election director Datuk Mustafa Ali and Dewan Ulama Information chief
Datuk Dr Khairuddin Aman
Razali to the event to find out
more about the declaration for
analysis. — Bernama
H O M E 17
‘MH370 search to be
completed by year end’
Netherlands
‘has all US
information’
on MH17 —
investigator
ing looked into include the plane’s
diversion from its flight plan, crew
profiles, airworthiness and maintenance of the aircraft, as well as the
aircraft cargo consignment.
Some 120,000 sq km of the sea
floor is being scoured for about A$170
million (RM519.29 million).
The team said a full report would
only be released in the event wreckage of the aircraft is found or the
search ends, whichever comes first.
— Agencies
BUNNIK (Netherlands): The
Netherlands has received “all
available information from the
United States” for the inquiry
into the downing of Malaysia
Airlines’ flight MH17 in eastern
Ukraine nearly two years ago,
the chief investigator said on
Monday.
The announcement came
after a meeting between investigators and relatives of the
victims, who were concerned
about the progress of the probe
after allegations that Washington was not sharing all its
information.
“Regarding the debate
which still exists over the sharing of information from the
United States: All information,
which is available and which is
of interest for the investigation,
has been shared,” said Fred
Westerbeke, chief investigator
in the criminal investigation.
About 200 relatives of the
victims attended the meeting,
“but we could not tell them
much without jeopardising the
investigation”, added Westerbeke, who is working with investigators from Australia, Belgium, Malaysia and Ukraine.
He reiterated that they expected this summer to determine the exact location where
the missile which downed the
Boeing 777 was fired from and
the precise model used.
All 298 passengers and crew
— the majority of them Dutch
— died when the plane was
shot down over war-torn eastern Ukraine on July 17, 2014.
An international investigation into the cause of the crash,
coordinated by the Dutch Safety Board, in October found the
plane had been downed by a
Russian-made BUK surface-toair missile from an area held by
pro-Russian separatists, but did
not give precise details.
The separate criminal investigation coordinated by Westerbeke is to identify those
responsible, although many
experts doubt the perpetrators will ever be arrested and
prosecuted. — AFP
this knot of worry in your heart. If
we don’t file [a] suit, it’s equivalent to giving up the right to look
for our children. The goal of the
lawsuit isn’t to get money, but to
seek justice for our children and
the truth,” she said.
Conspiracy theories offered relatives a way to try to address the fact
that “you do feel powerless, you
don’t know what’s happened, and
you’re looking for ways to explain
it”, said Karen Douglas, professor of
social psychology at the University
of Kent in Britain, who had used
MH370 in her research in the field.
“It makes perfect sense that in
a place where you’re forced into a
corner and you don’t really trust,
then it’s likely that conspiracy theories might be more plausible.”
According to lawyers, Malaysia
Airlines offered Chinese families
compensation of 2.52 million yuan
(RM1.59 million) per victim.
Malaysia Airlines said in February 42 next of kin of those on
board had collected “full compensation”, without giving further details. — AFP
Malaysia, Australia, China to hold meeting if it’s not found, says PM
KUALA LUMPUR: The search operation for Malaysia Airlines’ flight
MH370 is expected to be completed
later this year, Prime Minister Datuk
Seri Najib Razak said, adding that
the government is hopeful that it
would be found in the 120,000 sq
km area under investigation.
“If it is not [found], then Malaysia, Australia and China will hold a
tripartite meeting to determine the
way forward,” he said in a statement
here yesterday, Bernama reported.
He said the Malaysian government remains committed to doing everything within its means
to “solving what is an agonising
mystery for the loved ones of those
who were lost”. Yesterday marked
the second anniversary of the disappearance of MH370.
“We mourn the loss of the 239
people, including 50 Malaysians,
who were on board,” he said.
MH370, a Boeing 777, disappeared from Malaysian radars at
2.15am on March 8, 2014, after taking off from Kuala Lumpur International Airport for Beijing at 1.30am.
It carried 239 passengers and crew.
Just days before the statutory
limitation comes into force, families of 44 passengers aboard the
flight filed legal action in the High
Court here against Malaysian Air-
line System Bhd (MAS), Malaysia
Airlines Bhd and insurer Allianz
Global Corporate & Speciality for
damages arising out of the tragedy.
The claims were filed through
Kuala Lumpur-based solicitor
Messrs Thomas Philip and follow
similar proceedings filed by American law firm Motley Rice LLC in
the United States District Court for
the Southern District of New York.
Thomas Philip yesterday said the
claim for negligence and breach of
contract on the part of MAS was
filed last Friday on behalf of the 44
victims, of whom 42 were Chinese
nationals and two were Americans.
“The families are seeking compensation for the loss of life of their
loved ones, as well as the traumatic
psychiatric injury, nervous shock
and post-traumatic stress suffered
by the families,” said the firm.
Dewan Rakyat observed a minute of silence to mark the anniversary of the tragedy, Bernama
reported. Dewan Rakyat Speaker
Tan Sri Pandikar Amin Mulia said
yesterday the search mission by
Malaysia, Australia and China in
the southern Indian Ocean had
now entered the second phase.
Transport Minister Datuk Seri
Liow Tiong Lai said the MH370 next
of kin would have lost the right to
The search for MH370
Missing
Passengers: 227
Crew: 12
Since March 8, 2014
1&,+)&1&"0
CHINA
MALAYSIA
INDONESIA
AUSTRALIA
INDIA
FRANCE
UNITED STATES
CANADA
NEW ZEALAND
UKRAINE
IRAN
Malaysia Airlines
Boeing 777-200
Wingspan:
60.9 m
Length:
63.7 m
Max fuel capacity:
47,380 US gallons
Engines:
Rolls-Royce Trent 892
Cruising speed:
Mach 0.84 (897 kph)
Range:
12,779 km
153
50
7
6
5
4
3
Confirmed
found
On July 29, 2015
Two-metre piece of debris
in Reunion
2 me
tres
Flaperon
2 each
NETHERLANDS
RUSSIA
TAIWAN 1 each
Final communications
Beijing
With MH370
7
Final automatic communication
with a satellite was at 08:11
Indicating plane had crossed
some point along two
possible radar arcs
Further analysis
established that
the southern
route was the
only explanation
of available data
CHINA
INDIAN
OCEAN
2 ACARS*
last signal
**Relays radar information
on the plane’s location and
altitude
01:07
40 x 20 cm “honeycomb”
construction -- unknown origin
Found in Mozambique
57 x 90 cm piece of debris,
sent to Australian investigators
A mystery unsolved
4 Transponder**
04&1 %"0,Ȅ
MALAYSIA
01:21
1 Departed
Kuala Lumpur
March 8
2014
01:30
Approximate
locations
02:15
REUNION
contact
5 Loses
with
position
6 Last
tracked by
00:41 am
ң&/ /ȇ
Communications
Addressing
and Reporting System
March 2016
Found on Reunion
Malaysian civil
aviation control
military radar
MOZAMBIQUE
Debris under
investigation
Original
destination
3 “Good night, Malaysian
7
Three Seven Zero”
Final voice
communication
from cockpit
01:19
AUSTRALIA
Shutdown
by 01:37
Underwater search
area since
March 18, 2014
(Approximate)
,,Ȅ& &)1%",/6%0""+
-/,-,0"!
Contending theories include...
Structural or mechanical
failure
Pilot action
Hijacking, terror plot
Source: University of Western Australia/JACC/ATSB/MalaysiaAirlines/Boeing/Australia govt/Inmarsat/CSIRO
file claims if they failed to do so by
yesterday. He said as long as the
next of kin filed in under the Montreal Convention latest by yesterday,
the government would continue
to work closely with them on the
compensation, and MAS had been
directed to complete the compensation as fast as possible.
Liow said over the past two years,
Malaysia had never given up, and
was committed to putting a lot of
resources, time and efforts to look
for the missing flight. — Agencies
Answers elusive for team investigating flight
KUALA LUMPUR: Two years after
Malaysia Airlines’ flight MH370 disappeared, answers remain elusive
with international investigators yet
to arrive at a conclusion over what
happened to the jet. The international
team looking into the aircraft’s disappearance said in an interim statement yesterday it was still reviewing
key information, Reuters reported.
“The team is continuing to work
towards finalising its analysis, findings, conclusions and safety recom-
mendations on eight relevant areas
associated with the disappearance
of flight MH370,” the team said in a
statement.
The team led by Malaysia includes
investigators from the United States,
Britain, China, France and Australia.
The Boeing 777-200ER plane vanished from radar screens shortly after
taking off from Kuala Lumpur, bound
for Beijing, early on March 8, 2014.
Investigators believe the plane,
carrying 239 passengers and crew,
was flown thousands of miles off
course before crashing into the ocean
off Australia. Wreckage and impact
information was being considered
based on the discovery of a wing
part in July last year, the team said.
The flaperon, washed up in Reunion Island, has been the only confirmed piece of wreckage to be found,
though Malaysia is investigating two
new pieces of debris found in Mozambique and Reunion.
The team said the eight areas be-
Hope endures for relatives of MH370 victims
BEIJING: Distrust, disbelief and
despair: Two years after their loved
ones vanished, many Chinese relatives of those on board Malaysia
Airlines’ flight MH370 still refuse
to believe they are somewhere at
the bottom of the Indian Ocean.
The unique circumstances of the
disaster — including conflicting
initial accounts, an inconclusive
search and a backdrop of scepticism — all contribute to their insistence, specialists said.
For many Chinese families, the
impact of the disaster was magni-
fied by the one-child policy, which
over the past 30 years forced parents
to pin all their hopes for the future
on a single offspring.
Many of the parents of MH370’s
153 Chinese passengers — among
239 people on board — are elderly and retired, a time when their
children would traditionally have
looked after them in a multigenerational household.
“Because of China’s special circumstances, I was only allowed to
have one son,” said Lin Xiaolan, 51.
“When something like this hap-
pens, how can you talk about compensation, settling differences?
How can you possibly settle this?”
A gynaecologist from Xining,
in the north-western province of
Qinghai, said she had a “mother’s
See related story on Page 18
sixth sense” that her son Lin Annan,
27 at the time, is still alive.
“As mothers, none of us can live
normal lives anymore because
there has been no answer to the
mystery — it’s always hanging there,
18 C O M M E N T
Did the MH370 pilots do it?
CNN’s aviation correspondent not prepared to say ‘it was the pilot that did it’
BY RICHARD QUEST
I
t has been two years since
MH370 went missing and
key questions remain unanswered: Where is the plane
and what happened in the
cockpit in the early hours of
March 8, 2014?
Amid the conspiracy theories,
there are two main views on what
might have happened.
The first suggests that the captain hijacked the plane and flew it
with all 238 other people on board
to their deaths by crashing in the
southern Indian Ocean.
The second view, and the one
to which I subscribe, is that there
was some form of mechanical fault.
Under that scenario, the pilots
tried to get back to safety in Malaysia, but became incapacitated
and the plane flew on; or that the
pilots are heroes, and knowing they
were doomed, set a course to avoid
ground casualties and died after
the plane crashed.
The simple, short answer as to
which is true: we do not know. Anyone who tells you they do know
is, frankly, making it up.
Rogue pilot?
The pilot theory pins the probable
blame on 53-year-old captain Zaharie Ahmad Shah. I do not agree
for a variety of reasons.
Pilot suicide is incredibly
rare. When it happens it is shocking and deeply troubling for the
travelling public. The most recent of course was the horrible
crash of Germanwings 9525 in
March 2015, where the first officer, Andreas Lubitz, locked the
captain out of the cockpit, then
reset the autopilot altitude to 100
feet sending the plane crashing
into the French Alps.
Whether premeditated (as
the evidence shows with Germanwings) or on the spur of the
moment, the deranged mind
does not spend hours carefully
plotting flight plans, working
out how to disconnect every
communication tool on the
aircraft, then flying elaborate
routes around countries ostensibly to avoid military radars.
No — they take over the aircraft
and crash the plane. MH370
does not fit this pattern. And
so far I cannot find any case
that would suggest it does.
With pilot suicide cases, we tend
to find out the potential reasons relatively quickly. With Germanwings,
we found out almost immediately the psychological and medical
issues suffered by Lubitz. He had
been doctor shopping in the weeks
before the crash, visiting numerous
general practitioners, psychologists.
He had ripped up sick notes in his
apartment and had been researching
online suicide methods and the locking mechanism of the cockpit door.
been paired with 27-year-old
first officer Fariq Abdul Hamid.
Fariq was transitioning to the
777 fleet and this was one of his
first 777 flights out of the simulator on the real metal. Fariq
was engaged to be married to
a pilot of another airline.
The Factual Report published on the first anniversary
of the plane’s disappearance
actually goes so far as to dismiss these accusations. It says,
“The captain’s ability to handle
stress at work and home was
good. There were no significant changes in his life style,
interpersonal conflict of family
stresses.”
I am not naive and obviously can see that the Malaysians
might want to put the “best face
on” to protect the reputation
of their country’s pilots. But
we have to take the report at
face value — it is all we have
on the record.
Insufficient evidence
With MH370, we have no real evidence. None whatsoever. We have
a few rumours, a bit of gossip and
a few circumstantial facts which
some wish to string together to
make a case against the pilots.
Let us not forget Captain Zaharie
had been a pilot with Malaysian Airlines since 1981. He was a captain
on the 777 for more than 15 years.
He was exceptionally experienced
— a training captain — who had
No hard evidence
In the absence of that hard evidence, alternative theories flourished, bolstered by rumours. Like
how the captain circled his home
island of Penang for “one last look,”
or how the plane flew at different
altitudes and routes to avoid radar. These make good yarns but
are not true.
There was no circling of Penang
and there was no major change
in altitude — the Malaysian radar
turned out to be wrong. These theories were all debunked by the Australian Transport Security Bureau
in a rebuttal to Australian veteran
pilot Byron Bailey who argues for
the “rogue pilot” theory.
Also, the plane was spotted by
Thai radar, which ignored it because
it was not relevant. Finally, never
forget that the plane was spotted
by the Malaysian military as it flew
across the country on that fateful
night but was also ignored. A rogue
pilot could not have banked on the
failure of an oblivious radar operator not to scramble jets to see what
was going on.
I shall leave it to others to make
the case against the pilots on technical grounds. But we must stick
to the facts.
The fact is there is no evidence
to say the pilots did this.
Before I am prepared to convict
a lifelong captain or a newbie first
officer of hijacking a plane and
killing 238 other people, I want
more than a few odd rumors, a lot
of scurrilous gossip and a heap of
poor arguments. I am prepared to
be proved totally wrong. Until such
time I am not prepared to say “it
was the pilot that did it.” — CNN
Richard Quest is CNN’s aviation
correspondent and author of The
Vanishing of Flight MH370, a new
book that examines the flight’s disappearance, two years on. The opinions in this commentary are his.
Iran’s economy after the elections
BY HASSAN HAKIMIAN
RECENT gains by pro-government
reformist candidates in Iran’s parliamentary elections have given
President Hassan Rouhani a welcome midterm boost. But huge
economic challenges remain. And
in the coming months, these challenges are what will determine the
battle lines between the president
and his hard-line adversaries.
Elections are normally won and
lost along political lines, and Iran’s
recent vote is no exception. But, on
this occasion, there is reason to believe that economic concerns were
a major driver of political change,
as evidenced by the massive turnout at the electoral booths. Ever
since July, when Iran signed a landmark nuclear deal with the five
permanent members of the United
Nations Security Council and the
European Union, popular expectations for an improvement in the
state of the economy have reached
a fever pitch.
Rouhani is well aware of the importance of economic expectations;
indeed, they were what swept him
into the presidency in 2013. The recent election campaign once again
drew strength from the promise to
fix an economy battered by years of
tough economic sanctions and domestic mismanagement. That is why
he placed a high priority on reaching a deal with the outside world
that would close the nuclear file and
pave the road to economic recovery.
The economy that Rouhani
inherited from his predecessor,
Mahmoud Ahmadinejad, had been
distorted by years of generous redistributions of oil revenues to the
president’s supporters and then
hit with stagflation, as what US
Vice President Joe Biden called
the “toughest economic sanctions
in history” began to take hold. In
2013, the year Rouhani assumed
office, inflation exceeded 40%, and
gross domestic product (GDP) contracted by 6%.
Rouhani’s woes were exacerbated by the economic destabilisation that followed the introduction of comprehensive financial
sanctions that cut Iran off from
the international banking system.
Unable to sell oil, and faced with
a blockade of the central bank by
the United States and the European
Union, Rouhani faced the momen-
tous challenge of trying to kick-start
growth and tame spiralling prices.
Rouhani has had some success in lowering inflation, which
is now down to 13%. But rekindling
growth has proven to be a tougher
challenge. With the International
Monetary Fund (IMF) predicting
that GDP will either stagnate or
contract this year, Iran’s economy
might well be set for a double-dip
recession.
With sanctions lifted, however,
the IMF now expects GDP growth to
reach roughly 5% next year — a rate
that would make Iran the Middle
East’s best-performing economy.
Attaining this level of growth will
be essential if jobs are to be created; Iran habitually suffers from a
double-digit unemployment rate,
with official youth unemployment
above 25%.
But several obstacles stand in the
way. The first is the collapse in oil
prices, which have tumbled by 70%
since mid-2014. A similar misfortune
occurred in 1999, when President
Mohammad Khatami was attempting to carry out his own reformist
experiment, and prices fell below
US$10 (RM41) per barrel. Then, as
now, the first two years of a reformist administration were thwarted by
adverse external developments in
the international oil markets.
The last crisis was driven by demand-side factors relating to the
Asian financial crisis. This time,
supply-side factors are creating a
global oil glut, with similar results.
Rouhani’s main challenges,
however, are internal. They come
from Iran’s complex post-revolutionary institutional architecture,
which is beset by a labyrinth of decision-making entities interlaced
with yet more bodies and agencies
created to ensure compliance with
Islamic tenets and revolutionary
standards. It is in this labyrinth of
power that Rouhani is fighting an
intense battle with his conservative
adversaries — a battle that may be
far from over.
In fact, Rouhani’s economic
remedies — attempting to open
the economy to foreign trade and
investment flows, and introducing
economic reforms to foster the private sector following the lifting of
sanctions — are at odds with the
vision of Iran’s hard-line conservatives. For these so-called Principlists — who advocate a “resistance
economy,” based on years of austerity marked by self-sufficiency
and reliance on domestic resources
— Rouhani’s desire to declare Iran
“open for business” and to encourage foreigners to take an active role
in Iran’s economy raises as much
alarm as the nuclear deal.
The decline of the Principlists’
power bloc in the next parliament
is undoubtedly a powerful message from Iran’s youthful electorate.
But, while the Principlists might be
down, they are certainly not out, as
the looming battle over the future
of the economy attests.
It is here that Rouhani will face
his most difficult challenge. His
electoral victory might raise the
stakes for him, by increasing pressure to deliver on popular expectations. But, as Khatami found
when he lost to Ahmadinejad in
2005, growth and economic recovery cannot come at the expense
of the electorate’s aspirations for
greater equality and social justice.
— Project Syndicate
Hassan Hakimian, director of the
London Middle East Institute and
Reader in Economics at SOAS, University of London, is the co-editor
of Iran and the Global Economy:
Petro Populism, Islam and Economic Sanctions.
W O R L D B U S I N E S S 19
China’s Feb exports
post worst fall
Aquino in US$6.5b
push for Philippine
infrastructure
legacy
BY I A N SAYSON
MANILA: The Philippines plans
to solicit bids for US$6.5 billion
(RM26.7 billion) worth of projects
from roads to airports before President Benigno Aquino’s six-year
term ends in June, seeking to leave
his successor a robust pipeline of
infrastructure deals.
Eleven projects, including a
US$2.6 billion highway and land
reclamation, will be up for grabs
in coming months, from a list of
50 deals that will be handed to the
next administration, said Andre
Palacios, 45, the new head of the
agency overseeing big-ticket infrastructure projects.
“We already have a good number of investors who are pre-qualified as bidders, and they have put
their money where their mouth is,”
said Palacios, executive director
of the Public-Private Partnership
(PPP) Center. Yesterday he replaced
Cosette Canilao, who resigned for
family reasons.
“We are gift wrapping these projects for the next administration so
they can hit the ground running,”
Palacios said in an interview on
Monday in Manila.
Aquino has awarded 12 projects
worth US$4.2 billion since 2010,
including the expansion and operation of a railway in Manila, and a
toll road connecting the provinces
of Cavite and Laguna.
The improvements aim to draw
investors, who have identified poor
infrastructure as a deterrent to putting money in the Philippines. All
five politicians vying to succeed
Aquino have pledged to make infrastructure a priority. — Bloomberg
Drop is the biggest since May 2009 on weak demand
BY XIAOYI SHAO & P E TE S WE E NE Y
BEIJING: China’s February trade
performance was far worse than
economists had expected, with exports tumbling the most in over six
years, days after top leaders sought
to reassure investors that the outlook for the world’s second-largest
economy remains solid.
Exports fell 25.4% from a year
earlier, twice as much as markets
had feared as demand skidded in
all of China’s major markets, while
imports slumped 13.8%, the 16th
straight month of decline.
The export drop was the biggest
since May 2009, but economists
said it may not necessarily point to
a significant worsening in economic
conditions due to sharply reduced
business activity during the long
Lunar New Year holidays, which
fell in early February this year.
Still, January-February exports
on a combined basis, which should
iron out some of the holiday effect,
fell 17.8% and imports 16.7%, pointing to persistently weak demand at
home and abroad that is weighing
on the economy of the world’s largest trading nation.
“Exports were very strong last year
in February because the Lunar New
Year started so late and much of the
usual disruption from the holiday
was pushed into March. So the implication is that we’ll probably see
a significant reversal and a stronger number next month,” said Julian
Evans-Prichard, China economist
at Capital Economics in Singapore.
“We suspect that overall exports
remain weak but we don’t see much
evidence of marked deterioration,
for instance there was no sudden
drop-off in export orders in the
Markit PMI (activity survey), and
they generally do a pretty good job
of adjusting for seasonality.”
Analysts polled by Reuters had
expected February exports to fall by
12.5%, with imports seen down 10%.
China posted a trade surplus of
US$32.59 billion (RM133.62 billion) for the month, down from
US$63.29 billion in January, the
General Administration of Customs
said yesterday.
After missing trade goals repeatedly in recent years, China’s leaders
did not give an estimate for trade
growth in 2016 when they set out key
economic targets in parliament on
Saturday, reflecting deep uncertainty about global demand. — Reuters
Japan’s 4Q GDP contracts
BY LEIKA KIHA RA
TOKYO: Japan’s economy contracted less than initially estimated in
the final quarter of 2015, but private consumption remained weak,
underscoring the challenges facing
premier Shinzo Abe in restoring
growth amid intensifying overseas
headwinds.
While many analysts expect
growth to have rebounded modestly in the current quarter, the bleak
outlook for global demand has led
some to predict another contraction that will push Japan back into
technical recession — defined as
two straight quarters of shrinking
growth.
The weak economic backdrop
will keep the Bank of Japan under
pressure to further expand monetary stimulus, although central
bank policymakers meeting for a
rate review next week are wary of
acting so soon after adopting negative interest rates late in January.
Sluggish growth could also
heighten market speculation that
Abe may delay a second consumption tax hike to 10% from 8% scheduled for April next year, some analysts say.
Japan’s economy, the world’s
third-largest, shrank an annualised 1.1% in October to December,
less than a preliminary estimate
of a 1.4% contraction, Cabinet Office data showed yesterday. That
compared with a median market
forecast for a revision to a 1.5%
contraction.
“Economic indicators in January are weak. The economy likely
won’t rebound significantly in January-March,” said Yoshiki Shinke,
chief economist at Dai-ichi Life
Research Institute. — Reuters
Japan GDP
Quarterly growth, %
1.1
0.5
-0.6
-0.3
-2.0
J S
2014
D
M J
2015
S
D
Quarter ending
Source : Cabinet Office
China’s growth fixation will scupper other goals
BY RAC H EL MORA RJEE
BEIJING: China’s latest five-year
plan shows central planners are
still clearly in the driving seat
of the world’s second-largest
economy. The country’s leaders have reiterated their pledge
to lift gross domestic product
(GDP) by at least 6.5% a year until 2020. Though that’s a lower
growth rate than in the past, it is
still too high. Unrealistic targets
distort the economy by delaying
rebalancing and boosting debt.
Chinese GDP data have long
been viewed with suspicion.
Even Premier Li Keqiang, who
confirmed the targets at the start
of China’s annual parliament on
March 5, told a US diplomat in
2007 that he paid more attention
to indicators, such as rail cargo and
power consumption, according to
cables released by Wikileaks.
However, the targets remain important because local leaders’ promotion prospects depend on achieving them, regardless of whether their
fiefdoms are home to smokestack
industries or tech companies.
Ta k e H e i l o n g j i a n g , t h e
north-eastern industrial province that borders Russia. Official
growth in the region was about
5.6% in 2015, though some cities
reported dramatically lower numbers. Economic output in Daqing,
China’s biggest oil-producing city,
contracted by about a quarter.
Nevertheless, leaders in the province are aiming for at least 6% growth
this year, while keeping urban unemployment below 4.5%. Indeed,
Li said that if China’s overall growth
rate dipped below the target of 6.5%
to 7% in 2016, then GDP would have
to expand more quickly in future so
that the country could realise its ambition of doubling economic output
in the decade to 2020. Those goals
German industrial
output rises at fastest
pace in six years
BERLIN: German industrial
output rose in January at its
fastest pace in more than six
years, showing that the engine
room of Europe’s largest economy began 2016 well despite
the financial market turmoil
that has hurt business sentiment. Output rose by 3.3% on
the month, data from the Economy Ministry showed yesterday, surpassing the mid-range
forecast in a Reuters poll for
a 0.5% gain. The rise was the
biggest since September 2009.
Relatively mild winter weather
allowed construction output to
rise by 7% on the month. Capital goods were another bright
spot, rising 5.3%. — Reuters
Australia central bank
upbeat on economy,
watching unemployment
ADELAIDE: Australia’s economy is successfully dealing with
the aftermath of a decade-long
boom in mining investment,
while low inflation means there
is still scope for further rate cuts
if needed, a top central banker said yesterday. The upbeat
outlook was underlined by a
well-regarded survey of Australian business, which showed
a pickup in sales, profits employment and investment plans
late last month. The central
bank has kept rates at 2% since
last May as employment growth
surprised with its strength and
helped hold the jobless rate at
around 6%. — Reuters
Thailand’s central bank
to cut 2016 economic
growth outlook
0.3
-0.4
IN BRIEF
seem incompatible with sacking
millions of workers in the coal or
steel industries and clearing smog.
Long-term targets also ignore the
risk of external shocks. Global growth
is slowing, the European Union is
grappling with a migration crisis and
the United States could elect a protectionist president. But China only
nodded to these threats by not giving
an explicit target for foreign trade.
Faced with a choice of accepting
the possibility of lower growth or
boosting debt, bureaucrats have opted for the latter. That means delaying
the pain of meaningful restructuring
for another five years. — Reuters
BANGKOK: Thailand’s central
bank plans to lower its 2016
economic growth forecast from
3.5% seen in December due to
increased downside risks, its
governor said yesterday. Governor Veerathai Santiprabhob
gave no other details on the
forecast. The central bank reviews economic foreasts on
March 23, but will not release
them until March 31. He also
told reporters that fiscal policy is a more effective tool than
monetary policy. The central
bank has left its benchmark interest rate unchanged at 1.5%,
near a record low, since April
last year. — Reuters
Bank of Korea expected
to hold rates in March,
but may cut next month
SEOUL: South Korea’s central
bank is expected to keep interest rates unchanged tomorrow,
but may cut them next month
when it revises its forecasts to
reflect a softer economic recovery than expected, a Reuters
poll found. Twenty-two of 33
analysts polled by Reuters said
the Bank of Korea would keep
its monetary policy rate steady
at 1.5% for a ninth straight
month when it reviews rates
tomorrow. The remaining 11
said the central bank could cut
interest rates to a new record
low of 1.25%. — Reuters
20 W O R L D B U S I N E S S
‘China’s ZTE urges suppliers
to seek US export licences’
Chinese government ‘resolutely opposed’ to new United States trade restrictions
BY Y I MOU L EE & JOEL SCHECTM AN
HONG KONG/WASHINGTON:
Chinese telecommunications
equipment maker ZTE Corp has
urged its United States suppliers to apply for export licences to
satisfy newly imposed US trade
restrictions, a source with direct
knowledge of the situation told
Reuters yesterday.
The news came as export restrictions against ZTE for alleged Iran
sanction violations drew fire from
the Chinese government, which
said it was “resolutely opposed”
to the tough measures but stopped
short of announcing retaliation.
The moves announced by the
US Commerce Department on
Monday are likely to disrupt ZTE’s
sprawling global supply chain and
could create substantial parts
shortages, according to sanction
experts.
ZTE’s purchases of technology
components last year will not be
enough to meet demand in a rap-
idly changing global tech industry,
said the source, adding the US export restrictions were a rare punishment for a company.
“It’s possibly the toughest punishment you can do to a tech company,” said the source who declined
to be identified as the information
was not public.
If the restrictions remain in
place for a significant amount of
time, “the case would escalate to
a very high level politically”, the
source added, declining to give
Chevron’s mega
Australia gas
project starts
production
SYDNEY: One of the world’s
largest natural gas plants
and Australia’s biggest resource project has started
production, Chevron Corp
said yesterday, as the market
continues to battle plunging
commodity prices and a supply glut.
The United States multinational said the US$52 billion
(RM213 billion) Gorgon liquefied natural gas (LNG) project off Australia’s northwest
coast, which has been hit by
delays and cost overruns, was
expected to ship its first cargo
next week.
Australia has several other
LNG plants in the pipeline and
is predicted to overtake Qatar
as the world’s biggest liquid
natural gas producer by 2020.
The collapse in oil prices,
which places pressure on the
value of LNG, and an excess of
supply has been hurting energy
companies, but Chevron, the
second-biggest US oil firm, said
the “long-term fundamentals
of LNG are attractive”.
“We expect legacy assets
such as Gorgon will drive
long-term growth and create
shareholder value for decades
to come,” Chevron chairman
and chief executive John Watson said in a statement.
“The long-term fundamentals of LNG are attractive, particularly in the Asia-Pacific region, and this is a significant
milestone for all involved.”
The Gorgon asset was established as a joint venture
with Shell and ExxonMobil,
which each hold 25%, and Japanese firms Osaka Gas Co Ltd
(1.25%), Tokyo Gas Co Ltd (1%)
and Chubu Electric Power Co
Inc (0.417%). Chevron owns
47.3% of the venture. — AFP
a time frame.
China’s commerce ministry criticised the decision, adding to complaints from the foreign ministry
on Monday.
“China expresses its strong dissatisfaction and resolute opposition” to the measure, the ministry
said on its website.
“The US move will severely affect normal operations of Chinese
companies. China will continue
negotiating with the US side on
this issue.” — Reuters
The contest for a crucial
piece of Toshiba appears to
be turning into a matchup
between Komori (left) and
Mitarai, two long-time
stalwarts of the Japanese
tech industry. Photos by
Reuters
Toshiba to pick suitor for
medical unit — sources
BY JUNKO F UJ I TA & HAM ADA
TOKYO: Toshiba Corp is poised to
settle on a preferred bidder for its
medical equipment unit with an
extraordinary executive meeting
planned today, people with knowledge of the process said.
Canon Inc and Fujifilm Holdings Corp, both Japanese imaging firms with their own medical
device units, are considered the
front runners, having put in bids
of more than ¥600 billion (RM21.8
billion), other people familiar with
the matter said.
The auction of Toshiba Medical
Systems Corp, aimed at shoring
up Toshiba’s capital after a US$1.3
billion (RM5.3 billion) accounting
scandal, represents an unexpected
opportunity for rivals to get their
hands on a respected manufacturer of diagnostic equipment such
as X-ray and magnetic resonance
imaging systems.
Konica Minolta Inc, in partnership with European private equity
firm Permira, also remains in the
bidding, one person said.
But the contest for a crucial piece
of Toshiba appears to be turning
into a matchup between two longtime stalwarts of the Japanese tech
industry — Fujifilm chief executive
officer (CEO) Shigetaka Komori and
Canon CEO Fujio Mitarai.
“It’s a one-to-one fight between
two old guys with a lot of pride, and
neither wants to back down,” one
source said.
The sources declined to be identified because they are not authorised to speak to the media.
Fujifilm, Canon and Konica Minolta declined to comment. Toshiba
also declined to comment on the
sale process. — Reuters
IN BRIEF
Toyota recalls 33,264
more vehicles over airbags in Canada — govt
TORONTO: Toyota Motor Corp
recalled 33,264 more vehicles
in Canada as of Monday over
an issue with frontal airbags,
bringing the total in the country
to 400,124 vehicles since 2013,
the Canadian government said.
Last Wednesday, Toyota said it
was expanding its worldwide
recall involving potentially defective Takata Corp airbag parts.
The latest Canadian figures announced by Transport Canada were an expansion to previous recalls. An estimated 29
million Takata airbag inflators
have been recalled in the United
States in more than 19 million
vehicles because the inflators
can activate with too much force,
sending potentially deadly metal
shards into the passenger compartment. — Reuters
Merck KGaA aims for
2016 earnings growth
thanks to takeover
DARMSTADT (Germany): German drug and chemical maker
Merck KGaA expects adjusted
core earnings to increase more
than 10% this year, banking
that additional profit from a
takeover of lab supplies maker
Sigma-Aldrich Corp will offset
higher expenses for drug development. The group, which
is the world’s largest maker of
liquid crystals for flat screens,
said earnings before interest,
taxes, depreciation and amortisation, adjusted for one-offs,
would show a low double-digit
percentage gain. That, however, compares with an average
forecast of an 18% gain expected by analysts in a Reuters poll.
— Reuters
Loss-making HK
Disneyland names new
chief in reshuffle
HONG KONG: Hong Kong Disneyland Resort said late on Monday it promoted Samuel Lau,
vice-president of operations, to
the post of managing director at
the theme park to replace Andrew Kam, who the company
said had resigned for “personal
reasons”. Controlled by a joint
venture that is 47%-owned by
The Walt Disney Co, the company’s reshuffle comes weeks
after it said it slid to a HK$148
million (RM78 million) loss for
the financial year ended October 2015, from a HK$332 million
profit a year ago, amid a fall in
Hong Kong tourism. — Reuters
Ssangyong Motor targets US entry in late-2019 — CEO
Energy giant RWE’s
npower unit says to cut
2,400 UK jobs
SEOUL: South Korean automaker
Ssangyong Motor Co, owned by
India’s Mahindra & Mahindra Ltd,
is preparing for a “make or break”
foray into the United States market under a new company name
as early as 2019, its chief executive
officer (CEO) said yesterday.
It is the first time CEO Choi
Johng-sik has put a time frame on
Ssangyong Motor’s long-planned
entry into the US, as South Korea’s
No 4 carmaker tries to expand over-
LONDON: British electricity and
gas supplier npower, a unit of
German giant RWE AG, said yesterday it will axe 2,400 jobs after
posting an annual loss on fierce
competition and sliding sales.
The company announced in a
statement, published alongside
RWE’s 2015 results, that it suffered an “extremely disappointing” performance and will shed
“around” 2,400 jobs by 2018 in a
new cost-cutting drive. — AFP
seas to help offset a slump in its key
export market Russia.
But Choi’s comments appear to
contradict those of Mahindra executive director Pawan Goenka, who
told Reuters a US entry was “somewhat on the back burner”, with the
priority instead being plans to build
Ssangyong vehicles in China.
A source familiar with the matter
told Reuters that Ssangyong Motor
executives may not be on the same
page as Mahindra regarding the US
market, which all sides agree is a
tough nut to crack.
“It is true that there are many
concerns about the US entry,” Choi
told reporters on the sidelines of
the launch of the company’s Tivoli
Air compact sport utility vehicle.
“We think the US project will
make or break our company. So
we’ll have full discussions with Mahindra,” he said, adding that a final
decision on the date had not been
made. — Reuters
W O R L D 21
Watchdog finds ‘weaknesses’ in Belgium jihadist intelligence — TV
‘Homesick’
refugees
return home —
Australia govt
SYDNEY: Two more refugees
resettled in Cambodia from
an Australian detention camp
have returned home, the government said yesterday, sparking renewed criticism about
the A$55 million (RM168.13
million) scheme.
The government struck a deal
with Phnom Penh in September 2014 to take in refugees in
exchange for millions of dollars
in aid, in a move condemned by
rights groups and questioned
by the United Nations.
Initially only four people
held on Nauru — three Iranians
and one ethnic Rohingya man
from Myanmar — volunteered
to move to the impoverished
Southeast Asian nation, which
has a weak record of upholding
human rights. A fifth, another
Rohingya, joined them later.
One of the Rohingya decided
to return home last October, citing homesickness. Now two of
the three Iranians have also left.
“Refugees can elect to return
to their country of origin at any
time, which is what an Iranian
couple in Cambodia decided to
do recently,” said a spokesman
for Immigration Minister Peter
Dutton.
Australia’s Labor opposition
party, which supports the detention of asylum-seekers at
the remote Pacific facilities, said
with so few opting for resettlement the Cambodian scheme
was a “dud”.
“Not only has the coalition
[government] wasted A$55
million of taxpayers money on
this dud deal, they have also
left more than 2,000 people
on Manus and Nauru in limbo
for nearly three years on their
watch,” said shadow immigration spokesman Richard Marles.
“The inability of this government to secure a meaningful
resettlement arrangement with
a credible third country is a serious failure on the part of [Prime
Minister] Malcolm Turnbull.”
Dutton defended the arrangement with Phnom Penh.
“The government remains
committed to supporting the
government of Cambodia to
implement settlement arrangements in Cambodia and encourages refugees temporarily in
Nauru to explore this settlement
option,” he said. — AFP
ed French criticism of alleged failings
by its intelligence services before the
attacks in which 130 people died.
RTBF cited as one “glaring example” of intelligence failings the fact
that “even before the Paris attacks,
a nom de guerre used by one of the
terrorists featured in several (police)
databases in Belgium, but not in the
central database”.
The broadcaster said it had seen
an interim report by police oversight
body Committee P that was presented to 14 lawmakers at a closed-door
meeting of a parliamentary committee on Monday.
The most serious deficiencies by
Belgian authorities were “technological”, RTBF said, adding that Belgium’s
different police branches did not
always correctly share information.
Committee P also highlighted
budget problems that meant “certain IT problems were not resolved”
and criticised a lack of “qualified
personnel”.
The committee’s final report is
due in mid-April.
It is expected to cover allegations
published last week by the Belgian press that police had received
tip-offs as early as July 2014 that
brothers Salah and Brahim Abdeslam — two of the Paris attackers
— had been radicalised and were
planning an attack. — AFP
Somali Islamists
confirm US strike
But say figure of more than 150 casualties exaggerated
BY F EISAL OM A R & ABDI S HE I K H
MOGADISHU: Somali Islamist
group al-Shabaab confirmed yesterday that the United States had
bombed an area it controlled, but
said the US figure of more than 150
casualties was an exaggeration.
The Pentagon said it had
launched air strikes on a training
facility on Saturday that killed 150
fighters with the al-Qaeda-linked
group in the Horn of Africa nation.
“The US bombed an area controlled by al-Shabaab. But they
exaggerated the figure of casualties. We never gather 100 fighters
in one spot for security reasons.
We know the sky is full of planes,”
the group’s military spokesman
Sheikh Abdiasis Abu Musab told
Reuters.
He did not give a casualty figure or offer further details about
the raid.
The strike, using both planes
and unmanned MQ-9 Reaper
US air strike
More than 150
jihadist fighters
killed over weekend
SOMALIA
ETHIOPIA
INDIAN
OCEAN
Shebab
training camp
targeted
Raso
KENYA
BRUSSELS: Belgium’s police watchdog has identified several “deficiencies and weaknesses” in the way the
country’s authorities handled information on the Paris attackers before they unleashed carnage on the
French capital, public broadcaster
RTBF reported Monday.
Some of the Paris attackers and
alleged accomplices came from the
troubled Brussels’ neighbourhood of
Molenbeek, and Belgium has reject-
MOGADISHU
200 km
drones, targeted al-Shabaab’s
“Raso” training camp, a facility
about 120 miles north of the capital Mogadishu, the Pentagon said.
The US military had been monitoring the camp for several weeks
before the strike and had gathered
intelligence, including about an
imminent threat posed by those in
the camp to US forces and African
Union peacekeepers, officials said.
US Air Force Secretary Deborah
Lee James described the strike as
“defensive” in nature.
The African Union AMISOM
force, alongside the Somali army,
launched a campaign last year
that drove al-Shabaab out of its
major strongholds. But the group,
which wants to topple Somalia’s
Western-backed government, continues to launch raids.
In the past two weeks, its fighters have launched mortar attacks
near the presidential palace in
Mogadishu, blown up a car bomb
near a busy park in the capital,
and set off twin blasts in a town
north-west of the capital. Dozens of people have been killed.
— Reuters
‘EU to give Turkey more money,
lift visas for help on migrants’
BRUSSELS: European Union (EU)
leaders agreed to give Turkey more
money to help refugees, swiftly ease
visa requirements for Turks and
speed up Ankara’s accession talks
in exchange for its help in stemming
migration flows to Europe, they said
in a statement.
European Union leaders welcomed Turkey’s offer on Monday
to take back all migrants who cross
into Europe from its soil and agreed
in principle to Ankara’s demands
for more money, faster EU membership talks and quicker visa-free
travel in return.
However, key details remained
to be worked out and the 28 leaders ordered more work by officials
with a view to reaching an ambitious package deal with Turkey
at their next scheduled summit,
on March 17-18.
German Chancellor Angela
Merkel and British Prime Minister David Cameron, among others,
hailed the surprise Turkish proposal
at an emergency summit in Brussels as a potential breakthrough
in Europe’s politically toxic migration crisis.
Turkish Prime Minister Ahmet
Davutoglu told EU leaders that
Ankara was willing to take back all
migrants who enter Europe from
Turkey in future, including Syrian
refugees, as well as those intercepted in its territorial waters.
“With this game-changing position in fact our objective is to discourage illegal migration, to prevent
human smugglers, to help people who want to come to Europe
through encouraging legal migra-
tion in a disciplined and regular
manner,” he told a news conference
after the summit.
In exchange for stopping the influx, he demanded doubling EU
funding through 2018 to help Syrian refugees stay in Turkey and a
commitment to take in one Syrian
refugee directly from Turkey for each
one returned from Greece’s Aegean
islands, according to a document
seen by Reuters.
He also asked to bring forward
EU visa liberalisation for Turks to
June from end-2016 and to open
five more negotiating chapters in
Turkey’s long-stalled EU accession
process.
The EU leaders agreed to the earlier target date for visa-free travel
provided Ankara meets all the conditions. — Reuters
IN BRIEF
Bloomberg says will not
run for White House
NEW YORK: US billionaire Michael Bloomberg announced on
Monday that he would not throw
his hat into the volatile race for
the White House, fearing that
his candidacy could lead to the
election of Republican usurpers
Donald Trump or Ted Cruz. The
74-year-old former New York
mayor has long considered an
independent run for the White
House, expressing public dismay
about a 2016 race dominated by
the insult-flinging Trump, the
current Republican front runner.
Bloomberg, whose US$41.7 billion (RM170.97 billion) fortune
makes him the eighth richest
person in the world according
to Forbes, accused fellow New
York tycoon Trump of waging
“the most divisive and demagogic presidential campaign I
can remember.” — AFP
S Korea imposes fresh
sanctions on North
SEOUL: South Korea yesterday
unveiled a series of fresh unilateral sanctions against North
Korea that includes asking citizens to boycott North Korean
restaurants abroad. The new
measures imposed over the
North’s recent nuclear test and
long-range rocket launch also
blacklist scores of North Korean individuals and entities,
and bans vessels previously
docked in North Korean ports
from South Korean waters. They
follow tough sanctions adopted
by the UN Security Council last
week and — though largely symbolic given the lack of NorthSouth economic ties — are likely
to prompt an angry response
from Pyongyang. — AFP
Mexico denies claim ‘El
Chapo’ made US visits
MEXICO CITY: Mexico’s government sought on Monday
to counter a PR offensive by
Joaquin “El Chapo” Guzman,
vowing to maintain his tough
prison conditions and denying
claims that the drug kingpin had
sneaked into the US, while on
the run. Guzman’s relatives and
lawyers have given a series of interviews in recent weeks, claiming that the authorities were
mistreating him and putting his
health at risk by waking him up
in the middle of the night. “The
government warns that there is
an open media strategy by this
individual, his defence team
and other people,” National Security Commissioner Renato
Sales told a hastily arranged
news conference. — AFP
Fourteen hurt in California train derailment
SAN FRANCISCO: A commuter
train derailed in a rural part of
northern California on Monday, injuring 14 people, authorities said. The Alameda
County Fire Department said
four people suffered serious,
but non-life threatening injuries, while 10 sustained minor
injuries when the train derailed
in Sunol, with one of its cars
tumbling into a creek. — AFP
22
live it!
WE
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
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KEEPERS OF A LEGACY
Glenlivet Guardians
Malaysia brand ambassador
Lionel Lau on the club that
celebrates the rich heritage
and continuing relevance
of a 192-year-old brand
BY P ETRINA F ER NANDEZ
W
hat do a gourmet coffee tasting,
a siew yoke (roast pork) showdown and a haircut at Truefitt
& Hill have in common? The
answer, surprisingly, is Glenlivet single malt whisky. Each
experience has been featured on the agenda of the
Malaysian chapter of the Glenlivet Guardians, an
invite-only club started in November 2013.
Brand ambassador Lionel Lau, who is also the
executive director of boutique corporate communications agency Millennium Associates, was
approached by Pernod Ricard about adopting the
loyalty programme launched internationally a few
years earlier. The Glenlivet Guardians comprises a
global community of whisky lovers, who embody
the tenets of the brand — sophisticated, adventurous and appreciative of the wisdom of tradition
and the necessity for innovation.
Lau, who has an extensive background in wine
and spirits, was only too keen. The club launched
with an initial group of 42 members coming together to join thousands of Guardians around the
world to vote for the next limited-edition Glenlivet
bottle. Since then, membership has ballooned to
700 Guardians, who eagerly anticipate the variety
of pursuits through the club that exemplifies the
Glenlivet lifestyle.
“The nature of the industry is such that I don’t
have something new for you to taste every month
so we decided instead to create events that can
relate back to whisky,” said Lau. “One of the key
elements of the Glenlivet philosophy is that taste
is more than just flavour; it is an entire sensorial
Lau: One of the key elements of the Glenlivet philosophy is
that taste is more than just flavour; it is an entire sensorial
experience. Photo by Shahrin Yahya
experience, encompassing aroma, texture, colour.
Your mood, your environment, all these play a role
in your enjoyment of a drink.”
Unique events such as ice-cream pairings and
gourmet cheese tastings succeed in keeping interest in the club high. “We collaborated with an
independent coffee roaster on a pairing and she
selected two excellent single-origin beans from
Kenya and Rwanda,” he continued. “There are
parallels in the tastings of whisky and coffee and
she really brought that to the forefront for us. The
participants enjoyed attempting to articulate the
differences between each — everyone had a really good time and we even converted a number
of non-coffee drinkers that night.”
Similarly captivating was the siew yoke showdown between two roast pork masters — the
Crack Pork brand and independent purveyor Boon
Cheam Kar Mun, who used to run Boon Signature
Recipe. The two served their best cuts to attendees,
who washed them down with whisky, and Boon’s
was declared the clear favourite. In events like this
and the Truefitt & Hill excursion, the spotlight isn’t
on the whisky and it is precisely this elegant sub-
tlety that endears the club to members.
Criteria differ from country to country and the
Malaysian chapter’s approach is particularly interesting. “In Singapore, I believe the local chapter looks for influencers to be Guardians — key
opinion leaders such as bloggers, for instance,”
said Lau. “We are a bigger market geographically
and have decided to turn members into influencers. Many people wouldn’t have heard of some of
our Guardians — they’re young, entrepreneurial
and low profile, and it is them I want to become
advocates of the brand within their own circles.”
Professionals primarily aged between 25 and 45,
members discover a multitude of shared interests
or philosophies among themselves and often form
informal spin-off groups, gathering over dinner or
drink. “That’s what we want to do — create conversations beyond whisky, create a community
of like-minded individuals,” said the ambassador.
“Our sessions, when they involve whisky, are never
too technical or heavy. People remember the brand
better when they have a good time and take away
just a couple of key messages at the end.”
Privileges of membership, apart from being invited to exclusive events, include the opportunity
to purchase limited-edition whiskies. In 2014, the
Glenlivet Winchester Collection Vintage 1964 was
released, the first of a series of 50-year-olds, and
Malaysia was allocated one of 50 bottles. An auction was held with bidding open solely to Guardians and at the eleventh hour, at the end of the
50-day bidding period, four friends put together
the winning bid of RM96,000.
“What’s even more special about that bottle —
and I think this will be the most valuable of the
entire series — is that it was part of the last batch
distilled by Captain Bill Smith-Grant, the last distilling descendent of Glenlivet founder George
Smith, in 1964” said Lau. “Bottle No 1 was sold at
Harrods in London to the tune of £18,000.”
Glenlivet Guardian activities are currently centred around the Klang Valley but its reach will
soon extend to Penang and Johor. Lau envisions
a 2,000-strong membership someday but is unhurried about reaching that milestone. “The club
has to grow organically,” he says. “We are in no
rush.” And rightly so — appointing the keepers
of a 192-year-old brand is a serious undertaking
deserving of due consideration.
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live it! 23
WE D N E SDAY MA RC H 9, 2016 • T HEED G E FINA NCIA L DA ILY
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
DINING
BY ANANDHI GOP INATH
Art melds with food and wine
in Hong Kong
WITH Hong Kong’s art scene coming to fruition this
March, The Langham in Hong Kong is launching a
tasteful series of artistic sensory experiences at their
in-house dining destinations. The Elements of Art
Menu will reflect local artist Michael Lam’s collection of the classic four elements, while the Artesian
bar reveals cocktail art impressions inspired by renowned masterpieces.
Recipient of the 40 Under 40 award that honours
future design leaders by Perspective magazine in 2015,
aspiring Hong Kong artist Michael Lam unveils his
new collection called the Elements of Art (2016) that
will be on display in the restaurant. Demonstrating oil
painting technique and his cross-cultural East meets
West abstract style, he depicts his interpretation of
nature’s four essential elements — earth, water, air
and fire. The visual language of each painting stirs a
different emotion by creating a composition of various colours, expressive shapes and textures.
Transforming this collection’s vision to palatable
art, The Langham’s executive chef Pedro Samper has
created a four-course dining tour of the elements.
Representing water, the journey begins with a cold
appetiser of Hokkaido scallop and sea urchin carpaccio. The principle ingredients are treasures of the
sea accompanied by avocado, tomatoes, cucumbers
and purple shiso to offer the dish waves of flavour.
The earth section is represented by Iberico ham
and a poached organic egg served on planted migas crumb soil with rooted porcini mushrooms and
black truffle. For fire, Pedro trains the spotlight on
roasted lamb and Boston Maine lobster, along with
blood orange carrots, crispy beetroot and a brush of
beetroot aioli. Finally, wind down with Air, a sweet
dessert of blueberry and lilac flowers with sprinkles
of white chocolate.
Drawing upon the similarities between cocktails
and art, Artesian bar mixologist Rajendra “Rush”
Limbu handcrafts his rendition of three works of
art on top of blank canvas cocktails. Celebrating
post-impressionism art, Rush transforms Vincent
van Gogh’s Starry Night (1889) into an artful libation. His depiction is displayed on top and incorporates Chalong Bay Rum, Frangelico, herbal Strega
liqueur, Bittermens Xocolatl Bitters, fresh lime juice,
and a dash of Blue Curacao to represent the paintings night sky filled with swirling clouds against the
Personal
ASSISTANT
CO MPI L ED BY SU ANN QUAH
WORK. LIFE. BALANCE
bright crescent moon.
For fans of surrealism, be entertained by Salvador
Dali’s The Persistence of Memory cocktail adaptation
where the melting clock is painted on the drink and
glass. This creation is shaken with Los Danzantes
Mezcal, Grand Marnier, Domaine de Canton, Fee
Brothers Orange Bitters and orange juice. Limbu’s
final toast to neoplasticism is constructing Piet Mondrian’s Tableau I — topped with an asymmetrical
composition of colours, this aperitif blends Saffron
Gin, Elderflower liqueur, Chartreuse, The Bitter Truth
Lemon Bitters, fresh lemon juice, and grenadine.
Both special menus are available from March 23
to April 30, so you have time to plan your artistically
inspired epicurean journey at The Langham in Hong
Kong. For reservations or for more information, email
[email protected].
PICK OF THE DAY
Salvador Dali’s The Persistence of Memory cocktail.
URBAN Decay introduces four more limited-edition UD |
Gwen Stefani products—all developed in an amazing collaboration with the popular singer and fashion icon. She
even co-designed the packaging, inspired by her love of
black-and-white graphic prints and antique gold accents.
The brand new UD | Gwen Stefani lipstick comes in eight
shades of pink and red, all of which were inspired and
tested by Stefani herself. The new shades include Mega
Matte, a super-intense matte that lays down a lot of colour in one coat, and every shade features Urban Decay’s
proprietary Pigment Infusion System for a super creamy
texture, rich tones and superior colour dispersion. Other colours include the Phone Call, a sheer bright pink
lipstick; Wonderland, a dark pink-red cream shade and
Plaid, a sheer deep berry. The UD | Gwen Stefani lipstick
retails at RM85 and is available at Sephora and the Urban
Decay flagship store at KLCC.
Air, a sweet dessert of blueberry and lilac flowers with
sprinkles of white chocolate.
ROZEN, the resident musician
of popular Bali
hangout Jenja,
will make a special midweek appearance at Nagaba tonight. At the
moment, he is one
of the most important personalities
in the nightlife
scene in Bali, regularly participating in
major events held at the island’s best venues. He is currently a resident in Jenja, playing alongside the world’s best artists. His
performance tonight will be supported by
Uzair and Artem Fedula. Enjoy happy-hour
discounts at 7pm, which includes a “wine
flights” promotion, which offers you three
glasses of wine for a reasonable RM33. Nagaba is located at 31, Jalan Mesui, off Jalan
Nagasari, Kuala Lumpur. Entry is free. For
enquiries or reservations, call (03) 2142 0858.
CATCH the one and only Richard Marx live in
Kuala Lumpur at 8.30pm today! The Richard
Marx: The Solo Tour is supported by the Ministry of Tourism and Culture Malaysia, Malaysia Truly Asia and Malaysia Major Events. Be
transported to the 90s with Marx’s famous
songs like Right Here Waiting, Now and Forever and Summer Nights. Tickets are priced
at RM128 (bronze), RM228 (silver), RM328
(gold) and RM428 (platinum). Tickets can be
purchased from www.ticketpro.com.my. The
concert will be held at the Plenary Hall, Kuala
Lumpur Convention Centre, Kuala Lumpur.
GET ready for a
night of laughter
with Joanne Kam,
Michelle, Luwita
Randhawa, Christy
Wu and Hannan as
they band together
to present Ladies of
Laughter. This is a
specially curated
show in conjunction with International Women’s
Day, and showcases some of the best
local female comedic talent. Relax and wind
down from a hectic day at work at 8.30pm
tonight at LOL @ Live House, TREC KL, Jalan
Tun Razak, Kuala Lumpur with these ladies
taking centre stage. Tickets are RM30, and all
proceeds will be channelled to the charitable
works of WAO: Women’s Aid Organisation.
To book or for more information, visit www.
livehouse.my/homepage-2/shows.
24 F E AT U R E
Credit default swap traders needed
Big business opportunity sitting almost untouched in Asia
BY C H RI STOPH ER LANGNER
T
here’s a big business
opportunity sitting
almost untouched in
Asia. As with any great
deal, it’s not without
risks, but the profits
and benefits to the market could
outweigh potential troubles.
Asian banks and exchanges are
missing the chance to become more
active in the credit default swap
(CDS) market, just when investors
need it most. Soured debts are increasing in the region, and investors have few options to protect
their credit exposure to troubled
companies, leaving them to short
the stock and spread the pain to
minority shareholders.
Stress gauge
In case banks on this side of the
world lack an incentive, they need
only look at their Western counterparts. Bloomberg News reported
yesterday that Wells Fargo & Co,
not primarily known for aggressive investment banking, plans to
increase its CDS trading. The lender’s focus will be on the least liquid
and most underserved corner of
the market — insurance against
defaults by companies.
Wells Fargo is plugging a huge
gap. In December, 25 investment
firms including BlackRock and Pacific Investment Management Co
announced plans to voluntarily
clear the instruments to help revive
the shrinking market.
While swaps with a notional
value of US$1.7 trillion (RM6.98
trillion) had traded by last Friday,
up 35% from the same period last
year, the market is still pretty illiquid, especially for contracts that
insure against a single corporation
missing payment. Most of the trading happens in indices.
After the US insurer AIG was
brought to its knees during the
global financial crisis, partly because of its exposure to default
swaps, the number of entities willing to sell the derivatives dwindled,
and so did the trades themselves.
That was in spite of a movement by
the International Swaps and Derivatives Association Inc to simplify
the product and to have more of it
cleared by central counterparties,
which reduces the risk that if one
trader fails — as happened with
Lehman Brothers Holdings Inc —
all the others will be left holding
the bag.
Dwindling liquidity
CDS are perhaps the most effective way to hedge against losses
on credit exposure to a company,
industry or country. They should
in the asset class in the first two
months of the year. The strategy is
common among hedge funds in
Asia exposed to high-yield credit.
Traditional fixed-income mutual
funds, in which smaller investors
without the clout to participate in
hedge funds can invest, are usually
barred from trading stock, leaving
them naked in a sell-off. A more
liquid CDS market would plug that
gap and reduce the pain for smaller stock and bond fund investors.
If regional exchanges such as
those of Singapore and Hong Kong
entered the business as central
counterparties, they would also find
a much sought-after new source
of revenues as stock trading volumes drop.
The Hong Kong exchange had
already taken a deeper plunge into
commodities with its acquisition
of the London Metal Exchange,
which helped boost 2015 earnings. Singapore’s bourse is trying
to buy London’s Baltic Exchange
to emulate its neighbour’s success in shipping. Both moves were
driven by dropping revenues in
stock trading.
As defaults in Asia increase, the
demand for insurance will, too.
More providers will be needed and
they are more likely to surface if
there are strong central counterparties. The biggest exchanges have
a profit incentive to foster growth.
There will be hiccups and the occasional breakdown, as is bound
to happen with derivatives. The
have grown in the past eight years benefits of more activity, howevas the amount of bonds outstand- er, probably outweigh the risks.
ing worldwide reached records — — Bloomberg
with Asia at the forefront. Yet, they
have dwindled.
The Bank for International Set- Christopher Langner is a markets
tlements said in its quarterly review columnist for Bloomberg Gadfly. He
published on Sunday that short- previously covered corporate finance
ing of bank stocks to hedge poten- for Bloomberg News, and has writtial losses from their subordinated ten for Reuters/IFR, Forbes, The Wall
bonds may help explain the rout Street Journal and Mergermarket.
4.98
128.98
Markets 2 5
BURSA MAL AYSIA MAIN MARKET
Bursa Malaysia
YEAR
HIGH
Sectorial Movement
INDICES
CLOSE
+/-
%CHG
KLSE COMPOSITE
1,687.86
KLSE INDUSTRIAL
INDICES
CLOSE
+/-
%CHG
-10.07
-0.59
TECHNOLOGY
22.16
-0.38
-1.69
3,284.43
-8.91
-0.27
FTSE BURSA 100
11,373.29
-65.23
-0.57
CONSUMER PRODUCT
589.02
-0.55
-0.09
FTSE BURSA MID 70
12,786.47
-63.95
-0.50
INDUSTRIAL PRODUCT
143.56
-0.48
-0.33
FTSE BURSA SMALL CAP
14,997.08
-116.84
-0.77
CONSTRUCTION
271.79
-2.69
-0.98
FTSE BURSA FLEDGLING
15,557.69
-46.69
-0.30
TRADE & SERVICES
226.21
-1.37
-0.60
FTSE BURSA EMAS
11,655.47
-68.29
-0.58
14,339.44
-54.04
-0.38
FTSE BUR M’SIA ACE
5,584.84
-110.91
-1.95
KLSE FINANCIAL
KLSE PROPERTY
1,132.79
-3.67
-0.32
FTSE BUR EMAS SHARIAH
12,339.34
-48.87
-0.39
KLSE PLANTATION
7,839.53
-18.39
-0.23
FTSE BUR HIJRAH SHARIAH
13,803.91
-61.15
-0.44
494.45
Unch
Unch
FTSE/ASEAN 40
8,816.18
-112.60
-1.26
KLSE MINING
Bursa Malaysia Main Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.745 0.550 0.660
4.334 3.400
—
9.600 5.327 9.270
0.510 0.220
—
6.150 4.004 6.080
2.600 1.200 1.200
5.380 3.022 4.780
67.157 52.361 57.480
0.110 0.040 0.040
1.125 0.625 0.640
1.870 0.880 1.670
0.660 0.427 0.515
0.445 0.230
—
13.732 11.300 13.300
1.310 0.720
—
2.925 2.550 2.560
1.970 0.399 1.390
3.290 1.670 2.710
0.100 0.035 0.045
2.450 1.239 2.280
1.360 1.055 1.330
0.175 0.065 0.110
0.075 0.040 0.050
0.983 0.790
—
52.100 40.852 49.620
0.165 0.065 0.120
0.250 0.105 0.165
0.280 0.165
—
0.460 0.190 0.290
2.620 1.693 2.300
0.325 0.225 0.230
0.990 0.640 0.780
20.040 16.745 19.960
0.940 0.475 0.770
1.407 0.990
—
1.220 0.350 0.925
1.040 0.595 0.980
14.640 12.152 14.640
1.640 0.720 0.995
2.580 2.070 2.220
1.130 0.930
—
0.175 0.040 0.060
6.290 4.084 6.260
1.196 0.880 0.930
0.552 0.391 0.440
5.280 2.850
—
1.438 0.832 1.290
0.490 0.340 0.420
3.102 1.816
—
1.420 0.623 0.990
1.170 0.425 0.710
4.740 3.640 3.790
4.000 1.531 3.440
0.390 0.025 0.090
0.935 0.465 0.780
2.632 1.742
—
1.200 0.920
—
0.150 0.050 0.050
8.100 5.210 5.650
9.490 2.950 9.020
0.325 0.130 0.305
0.405 0.200 0.280
2.997 2.130 2.250
0.925 0.700 0.805
2.388 1.450 1.570
4.640 1.808 4.400
0.250 0.045 0.050
1.554 1.160 1.260
1.120 0.810
—
1.417 1.080 1.240
5.226 4.507
—
0.145 0.045 0.060
1.650 1.100 1.450
75.500 68.737 74.080
2.800 2.186 2.780
0.245 0.080 0.110
0.370 0.220 0.325
1.020 0.620 0.965
0.580 0.455 0.500
2.530 1.850 2.040
7.797 6.425 6.900
2.230 1.232 2.050
26.840 19.941 26.800
0.785 0.604
—
0.370 0.200
—
0.885 0.275
—
1.240 0.755 0.930
0.325 0.175 0.275
0.584 0.402 0.580
2.099 1.410 1.470
16.700 13.802 16.680
0.630 0.470
—
2.728 1.592 2.180
1.525 0.968 1.300
2.957 1.431 2.350
4.650 3.514 4.400
1.710 1.340
—
1.389 1.260 1.290
0.546 0.374 0.425
0.880 0.435 0.860
0.735 0.380 0.645
2.450 0.861 1.840
3.167 1.580 1.870
0.065 0.040 0.050
2.500 1.671 2.260
1.520 0.730 1.300
0.745 0.365 0.565
0.510 0.280
—
3.123 2.262 2.330
1.300 0.355 1.080
2.178 1.040 1.240
1.610 1.184
—
0.575 0.445 0.480
0.470 0.170 0.395
10.899 6.500 7.100
2.430 1.500 2.170
0.850 0.430 0.685
0.098 0.045 0.055
0.670 0.300
—
0.630 0.325 0.330
2.350 1.430 2.120
0.525 0.190 0.490
1.147 0.797 0.905
3.490 1.517 2.260
2.084 1.354 1.440
INDUSTRIAL PRODUCTS
1.236 0.883 1.030
0.210 0.105
—
0.640 0.475 0.480
0.450 0.250
—
1.070 0.830 0.910
2.454 1.850
—
0.200 0.105 0.110
* Volume Weighted Average Price
DAY
LOW
0.650
—
9.250
—
6.010
1.200
4.700
56.040
0.040
0.625
1.640
0.500
—
13.000
—
2.550
1.300
2.660
0.040
2.200
1.320
0.105
0.045
—
49.600
0.110
0.155
—
0.270
2.300
0.225
0.780
19.600
0.740
—
0.910
0.960
14.200
0.970
2.210
—
0.060
6.150
0.880
0.435
—
1.270
0.420
—
0.970
0.685
3.640
3.260
0.070
0.765
—
—
0.050
5.210
8.900
0.290
0.275
2.190
0.795
1.560
4.330
0.045
1.230
—
1.230
—
0.055
1.390
74.000
2.680
0.100
0.305
0.960
0.495
1.990
6.820
1.980
25.800
—
—
—
0.890
0.265
0.560
1.410
16.420
—
2.120
1.240
2.260
4.390
—
1.260
0.410
0.815
0.630
1.780
1.840
0.045
2.240
1.220
0.555
—
2.270
1.040
1.230
—
0.480
0.380
6.950
2.150
0.675
0.050
—
0.325
2.090
0.490
0.895
2.180
1.430
1.000
—
0.475
—
0.910
—
0.105
CODE
7120
7090
2658
7051
6432
7722
7129
4162
7243
9288
7174
7154
7128
2836
7035
7148
9423
2828
5188
7205
7202
5214
7179
7119
3026
7198
7182
5091
9091
7149
7208
7094
3689
9776
2755
8605
9172
3255
5102
5606
5606PA
5187
3301
5160
7213
7141
5024
8478
5107
7152
8931
5247
7216
8303
6203
7062
0002
5172
7006
9385
7943
8079
7089
7126
7085
7087
5189
3662
7935
5886
5202
5150
3921
4707
7060
7139
7215
5066
7071
7107
4006
7052
3719
5022
9407
6068
5231
4081
5080
7088
4065
7190
8966
7134
7237
7084
9946
5252
5157
7180
7165
7412
7246
8532
7103
7186
7082
7211
4405
7200
7252
9369
7230
7176
4588
7757
7203
5156
7121
5155
5584
7184
5159
7178
5131
0012
7086
7061
7131
7191
9148
7146
COUNTER
ACOSTEC
AHEALTH
AJI
AMTEK
APOLLO
ASIABRN
ASIAFLE
BAT
BIOOSMO
BONIA
CAB
CAELY
CAMRES
CARLSBG
CCK
CCMDBIO
CHEEWAH
CIHLDG
CNOUHUA
COCOLND
CSCENIC
CSL
DBE
DEGEM
DLADY
DPS
EKA
EKOWOOD
EMICO
ENGKAH
EURO
EUROSP
F&N
FARMBES
FCW
FFHB
FPI
GAB
GCB
GOLDIS
GOLDIS-PA
HBGLOB
HLIND
HOMERIZ
HOVID
HUATLAI
HUPSENG
HWATAI
IQGROUP
JAYCORP
JERASIA
KAREX
KAWAN
KFM
KHEESAN
KHIND
KOTRA
KSTAR
LATITUD
LAYHONG
LCHEONG
LEESK
LIIHEN
LONBISC
LTKM
MAGNI
MAXWELL
MFLOUR
MILUX
MINTYE
MSM
MSPORTS
MWE
NESTLE
NHFATT
NICE
NIHSIN
NTPM
OCR
OFI
ORIENT
PADINI
PANAMY
PAOS
PARAGON
PCCS
PELIKAN
PMCORP
POHKONG
POHUAT
PPB
PPG
PRLEXUS
PWF
PWROOT
QL
REX
SASBADI
SAUDEE
SERNKOU
SGB
SHH
SIGN
SINOTOP
SPRITZER
SWSCAP
SYF
TAFI
TCHONG
TEKSENG
TEOSENG
TGL
TOMEI
TPC
UMW
UPA
WANGZNG
XDL
XIANLNG
XINQUAN
YEELEE
YEN
YOCB
YSPSAH
ZHULIAN
3A
ABLEGRP
ABRIC
ACME
ADVENTA
ADVPKG
AEM
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
0.660
3.900
9.270
0.250
6.050
1.200
4.700
56.040
0.040
0.640
1.640
0.505
0.275
13.300
1.150
2.550
1.340
2.660
0.040
2.250
1.320
0.110
0.050
0.790
49.620
0.115
0.165
0.200
0.280
2.300
0.230
0.780
19.940
0.740
0.990
0.920
0.975
14.540
0.975
2.210
0.990
0.060
6.250
0.895
0.435
4.350
1.280
0.420
1.980
0.985
0.685
3.740
3.340
0.075
0.775
1.950
1.060
0.050
5.650
9.020
0.300
0.280
2.250
0.795
1.570
4.390
0.050
1.240
0.950
1.230
4.710
0.060
1.400
74.000
2.680
0.100
0.325
0.965
0.500
2.040
6.900
2.030
26.500
0.620
0.290
0.570
0.925
0.265
0.575
1.470
16.500
0.515
2.130
1.240
2.260
4.390
1.480
1.270
0.420
0.855
0.630
1.830
1.850
0.045
2.260
1.300
0.555
0.350
2.330
1.060
1.230
1.360
0.480
0.380
7.030
2.160
0.680
0.055
0.460
0.325
2.100
0.490
0.900
2.200
1.440
-0.005
—
-0.190
—
0.040
-0.050
-0.080
-0.960
UNCH
0.010
-0.030
-0.010
—
0.360
—
-0.010
-0.080
-0.050
UNCH
-0.050
-0.020
UNCH
UNCH
—
0.040
UNCH
0.010
—
-0.010
UNCH
UNCH
UNCH
0.260
-0.030
—
UNCH
0.005
0.340
-0.025
0.010
—
0.015
-0.010
-0.035
-0.005
—
0.010
-0.020
—
-0.005
-0.030
UNCH
-0.110
-0.010
-0.010
—
—
-0.005
0.270
UNCH
0.005
UNCH
0.070
-0.015
UNCH
-0.010
UNCH
-0.010
—
-0.010
—
0.005
-0.050
-0.200
-0.050
UNCH
0.005
UNCH
-0.010
UNCH
UNCH
0.050
-0.280
—
—
—
-0.005
-0.015
0.005
UNCH
UNCH
—
-0.040
-0.040
UNCH
-0.010
—
0.010
-0.010
0.035
-0.005
UNCH
-0.010
-0.005
0.010
0.070
-0.010
—
0.030
-0.010
UNCH
—
0.005
-0.005
-0.010
UNCH
UNCH
UNCH
—
-0.015
-0.020
-0.005
UNCH
-0.060
UNCH
1.020
0.105
0.475
0.300
0.910
2.260
0.110
-0.010
—
-0.005
—
UNCH
—
UNCH
PE#
(X)
DY
(%)
MKT CAP
(MIL)
487.8
—
0.7
—
16.3
4
16.5
183.8
250
95.9
486.5
409.3
—
296.4
—
45.4
451.5
59.9
75
97.9
107.5
1186.5
2046
—
42.9
3371.4
5050
—
1307.2
5.5
420
5
1368.8
72.2
—
335.9
724.5
332.4
653.4
1009.9
—
46
209.3
3352.6
894.4
—
206.6
20
—
340.8
37.1
1000.1
91
600.1
43.2
—
—
80
166
29.4
1195.9
284.7
1322.7
27.5
53.3
199.9
205
124.4
—
4
—
811.6
25.6
2.2
1.6
3825.8
2136.5
1074.2
105.5
82.9
60.5
1364.8
8.7
—
—
—
133
471.6
2104.5
1289
539.4
—
197
66.6
41.6
480
—
44.3
977.3
1061.6
88.2
111.9
37.2
119.1
218.4
35.5
1721.6
—
85.5
1129.3
201.6
—
5
138.5
1106.3
28
146.3
2692.7
—
324.9
459.8
176.6
212.7
262.2
15.5
0.655 21.22
— 13.34
9.256 14.13
—
—
6.050 13.60
1.200
—
4.725 12.37
56.386 17.58
0.040
—
0.632 14.81
1.649 15.06
0.503
8.49
—
7.95
13.203 11.38
— 17.09
2.558 11.55
1.339
—
2.696 16.82
0.040
—
2.239 15.72
1.326 16.22
0.108
2.31
0.050
—
—
8.08
49.617 21.21
0.115 47.92
0.160
—
—
—
0.279
4.24
2.300 45.10
0.228 39.66
0.780
—
19.716 20.17
0.758
—
— 79.20
0.914 16.37
0.970 26.35
14.457 18.50
0.977 37.64
2.210 12.31
—
—
0.060
—
6.248
9.24
0.892
9.53
0.435 16.23
—
6.46
1.280 18.71
0.420
—
—
8.69
0.981 10.96
0.695
5.48
3.730 31.91
3.331 20.72
0.084
—
0.767 14.14
—
9.90
— 18.83
0.050
—
5.322
6.21
8.971 21.01
0.299
—
0.278 10.53
2.209
8.68
0.798
9.56
1.568
8.94
4.365 10.02
0.049
—
1.246 32.55
—
—
1.238 13.36
— 11.79
0.060
—
1.404 21.91
74.040 29.38
2.711 12.44
0.105
—
0.314 28.02
0.962 19.03
0.499
—
2.010 15.79
6.895 16.35
1.999 12.18
26.616 11.98
— 23.05
—
—
—
—
0.905
—
0.270 21.54
0.568 20.10
1.437
8.01
16.518 18.60
— 20.44
2.157
9.84
1.260
9.73
2.280 11.88
4.392 27.35
— 21.96
1.266 20.52
0.424
—
0.846 32.76
0.634
—
1.809
9.46
1.853
8.76
0.046 37.50
2.249 11.64
1.279 270.83
0.560 12.12
—
—
2.301 20.31
1.060 12.59
1.232
8.40
— 46.10
0.480
—
0.383 10.22
7.036
—
2.164
9.22
0.679
7.83
0.051 28.95
— 21.40
0.327
0.99
2.100 11.99
0.490
—
0.899
7.19
2.208
9.91
1.434 12.49
—
2.82
2.16
—
4.13
0.42
3.19
5.57
—
2.94
—
1.98
—
5.41
1.74
3.73
1.49
—
—
3.28
7.58
—
—
1.90
2.02
—
—
—
—
2.83
—
—
2.88
—
1.52
—
7.18
4.88
—
0.90
4.04
—
4.80
4.47
2.30
—
3.13
—
4.04
4.06
—
0.67
0.75
—
—
3.59
—
—
2.12
—
—
—
3.85
—
3.18
1.59
—
3.23
—
2.44
5.52
—
0.95
3.24
3.73
—
1.54
0.76
—
2.45
1.74
4.93
1.89
4.03
—
—
—
—
1.74
2.38
1.52
2.43
1.97
4.84
3.54
0.97
—
1.97
—
—
—
5.46
5.41
—
2.21
—
—
—
2.15
0.47
2.03
5.51
2.08
—
2.84
3.70
3.68
—
—
5.63
1.43
—
4.44
2.95
4.17
117.4
456.9
563.6
12.5
484.0
94.9
899.2
16,001.1
19.9
516.0
251.2
40.4
53.4
4,097.4
181.3
711.3
56.4
430.9
26.7
514.8
159.1
136.7
38.7
105.9
3,175.7
67.6
51.5
33.6
26.9
162.7
55.9
34.6
7,313.6
45.2
247.5
76.1
241.2
4,392.5
468.2
1,349.2
451.2
28.1
2,049.4
268.5
352.4
376.9
1,024.0
31.4
174.3
135.2
56.2
2,499.3
734.6
5.1
74.8
78.1
140.4
13.3
549.2
520.9
19.8
47.0
405.0
148.3
204.3
714.4
20.0
682.3
51.7
74.8
3,311.0
35.7
324.2
17,353.0
201.4
30.3
77.0
1,083.9
105.2
489.6
4,280.7
1,335.6
1,609.8
74.9
20.3
34.2
511.8
204.9
236.0
333.4
19,560.7
51.5
251.6
96.4
687.1
5,478.8
91.3
354.8
50.4
102.6
65.8
91.5
222.0
88.9
336.7
189.6
339.6
28.0
1,565.8
323.5
369.0
55.4
66.5
88.8
8,213.1
171.9
108.8
148.3
33.4
164.8
391.3
61.3
144.0
296.2
662.4
353
—
43
—
0.2
—
56
1.010 20.00
—
—
0.479
—
— 10.45
0.910 44.83
— 15.23
0.107 220.00
1.37
—
—
—
—
5.31
—
401.5
27.7
66.8
65.5
139.0
46.3
26.1
# PE is calculated based on latest 12 months reported Earnings Per Share
VWAP*
(RM)
YEAR
LOW
DAY
HIGH
DAY
LOW
0.480 0.325
—
—
0.400 0.260 0.270
0.270
4.790 2.200 3.600
3.550
0.505 0.180
—
—
0.800 0.610 0.720
0.715
0.535 0.335 0.355
0.350
1.079 0.620 0.705
0.655
0.280 0.120 0.280
0.270
1.560 0.952 1.140
1.140
5.073 3.730 3.820
3.820
0.730 0.382 0.640
0.605
0.853 0.543 0.620
0.615
0.215 0.100 0.120
0.115
0.810 0.500
—
—
1.420 0.480 1.420
1.340
2.480 1.600 1.700
1.620
0.795 0.285 0.685
0.660
0.150 0.090 0.115
0.115
1.571 0.980 1.050
1.020
3.100 2.150 2.550
2.550
1.985 0.777 1.620
1.600
0.670 0.285 0.295
0.290
0.295 0.175 0.200
0.200
0.455 0.145 0.210
0.210
5.170 2.000 3.500
3.380
0.286 0.060 0.065
0.060
2.159 1.576 2.100
2.070
1.109 0.846 0.945
0.945
1.690 1.038 1.410
1.390
2.560 1.380 1.950
1.930
1.500 1.140 1.190
1.190
2.340 1.264 1.670
1.600
1.688 1.340
—
—
1.230 0.710
—
—
0.105 0.040 0.045
0.040
5.977 4.118 4.880
4.780
0.600 0.160
—
—
3.117 1.440 1.840
1.650
0.895 0.200 0.560
0.520
1.000 0.670 0.820
0.800
1.350 0.880 1.330
1.270
1.008 0.534 0.880
0.880
0.440 0.275 0.365
0.360
2.420 1.636 2.300
2.210
0.475 0.225 0.345
0.340
0.308 0.170 0.185
0.180
0.635 0.250 0.330
0.315
0.510 0.331
—
—
0.920 0.660 0.750
0.735
1.549 1.100 1.170
1.150
1.943 0.945 0.965
0.945
0.675 0.250 0.470
0.430
1.260 0.406 0.900
0.855
1.610 1.000
—
—
0.320 0.190 0.275
0.270
0.823 0.596 0.650
0.650
1.700 0.654 1.050
0.990
1.560 0.467 1.090
1.060
1.273 0.918 1.060
1.060
3.210 2.274 2.750
2.710
0.835 0.347 0.520
0.510
2.686 1.977 2.170
2.160
3.090 1.165 2.180
2.080
1.645 1.370 1.400
1.400
2.970 0.505 1.630
1.520
0.080 0.040 0.050
0.045
0.420 0.205 0.230
0.220
0.135 0.080 0.085
0.085
0.630 0.285 0.370
0.370
0.312 0.173 0.225
0.220
0.135 0.070
—
—
1.080 0.875 0.880
0.875
0.750 0.320 0.490
0.470
6.124 4.370 4.670
4.370
3.500 2.880
—
—
1.790 1.110 1.250
1.160
0.985 0.706 0.880
0.860
0.580 0.200 0.275
0.260
0.905 0.130 0.190
0.180
1.800 0.871 1.110
1.100
1.040 0.530
—
—
0.430 0.310
—
—
0.140 0.040 0.045
0.040
4.030 2.880 3.000
2.960
0.157 0.058 0.080
0.075
0.960 0.760 0.805
0.780
2.050 1.371 1.940
1.830
0.445 0.235 0.255
0.255
0.120 0.045 0.100
0.095
0.190 0.135
—
—
0.330 0.075 0.085
0.085
1.280 0.920 1.000
0.990
2.830 1.210 1.660
1.630
1.894 1.051 1.340
1.280
0.245 0.145 0.190
0.180
1.290 0.353 0.930
0.855
0.985 0.430 0.675
0.620
3.440 2.730 3.120
3.100
2.600 1.394 2.050
2.010
0.205 0.070 0.100
0.090
2.110 1.280 1.650
1.640
0.768 0.390 0.490
0.470
2.703 0.937 1.490
1.450
0.775 0.335 0.555
0.535
9.500 5.234 6.000
5.900
0.600 0.350 0.550
0.525
5.886 4.286 5.260
5.200
0.553 0.330
—
—
0.600 0.410
—
—
10.517 8.231 9.050
8.960
0.601 0.384
—
—
0.819 0.325 0.625
0.605
0.605 0.420 0.470
0.460
0.215 0.110 0.140
0.135
0.075 0.030 0.050
0.040
0.117 0.045 0.080
0.060
0.485 0.220 0.395
0.335
0.260 0.110 0.190
0.185
0.120 0.065 0.075
0.070
4.250 3.180 3.560
3.550
0.865 0.330 0.410
0.385
0.857 0.502 0.640
0.595
0.555 0.350
—
—
0.889 0.652 0.785
0.780
0.320 0.175 0.225
0.220
0.830 0.515 0.530
0.530
1.650 1.090 1.250
1.240
2.100 1.640
—
—
1.340 0.605 0.815
0.800
0.095 0.060 0.070
0.065
1.920 0.775 1.160
1.130
0.505 0.325 0.475
0.470
2.760 2.090 2.350
2.350
2.600 1.040 2.070
1.890
1.200 0.815 0.865
0.860
0.380 0.210 0.240
0.235
0.125 0.115 0.115
0.115
0.160 0.100
—
—
0.705 0.454 0.575
0.565
1.030 0.647 0.950
0.940
1.326 0.890 1.050
0.980
0.085 0.050 0.060
0.055
7.511 4.879 6.860
6.780
0.735 0.377 0.635
0.610
5.630 3.683 5.540
5.470
0.330 0.080 0.145
0.135
23.505 20.059 22.900 22.360
7.310 2.510 5.360
5.220
11.800 5.460 10.560 10.400
1.100 0.774 1.010
0.980
3.396 1.387 2.390
2.290
0.650 0.430 0.450
0.450
0.495 0.360
—
—
1.170 0.650 0.905
0.890
0.380 0.295 0.335
0.335
0.557 0.400 0.465
0.460
1.180 0.450 1.060
1.030
0.200 0.110 0.120
0.115
1.750 1.360 1.520
1.520
0.950 0.650
—
—
6.330 4.960 6.080
6.080
0.505 0.224 0.450
0.430
0.960 0.619 0.785
0.755
4.200 3.154 3.800
3.800
CODE
5198
2682
7609
9954
2674
4758
6556
9342
5568
5015
7214
7162
7070
7099
7181
8133
7005
7187
0168
6297
5100
9938
7221
7188
5105
5229
7076
2879
7171
8435
8044
5007
5797
8052
7018
2852
7986
5071
7195
2127
5094
7157
5082
8125
8176
7114
5835
5835PA
5265
7169
1619
7233
8907
9016
7217
7773
5101
7249
2984
7229
0149
3107
5197
3611
7197
5220
7192
7096
5649
0136
7077
3247
5151
5168
7105
5095
3298
5072
5199
7033
8443
5165
2739
5000
9601
9687
7222
7183
7223
8648
2747
7043
7167
4383
0054
7199
6211
3522
5371
5060
9466
7164
6971
7017
7153
7130
3476
5192
8362
3794
9326
5092
5232
8745
3581
2887
4235
9881
5068
9199
5098
7029
8095
5152
3778
5223
8192
6149
5001
7219
5576
7595
5916
3883
7004
5087
7002
5025
4944
7140
5065
7225
5183
9997
5436
5146
6033
3042
7095
7172
8869
6637
8117
8273
9458
9873
7168
7123
7544
7498
7765
7232
7803
5134
COUNTER
AFUJIYA
AISB
AJIYA
AKNIGHT
ALCOM
ANCOM
ANNJOO
ANZO
APB
APM
ARANK
ASTINO
ASUPREM
ATTA
ATURMJU
BHIC
BIG
BKOON
BOILERM
BOXPAK
BPPLAS
BRIGHT
BSLCORP
BTM
CANONE
CAP
CBIP
CCM
CENBOND
CEPCO
CFM
CHINWEL
CHOOBEE
CICB
CME
CMSB
CNASIA
COASTAL
COMCORP
COMFORT
CSCSTEL
CYL
CYMAO
DAIBOCI
DENKO
DNONCE
DOLMITE
DOLMITE-PA
DOLPHIN
DOMINAN
DRBHCOM
DUFU
EG
EKSONS
EMETALL
EPMB
EVERGRN
EWEIN
FACBIND
FAVCO
FIBON
FIMACOR
FLBHD
GBH
GESHEN
GLOTEC
GOODWAY
GPA
GPHAROS
GREENYB
GSB
GUH
HALEX
HARTA
HCK
HEVEA
HEXZA
HIAPTEK
HIBISCS
HIGHTEC
HIL
HOKHENG
HUAAN
HUMEIND
HWGB
IDEALUBB
IMASPRO
IRETEX
JADI
JASKITA
JAVA
JMR
JOHOTIN
JTIASA
KARYON
KEINHIN
KIALIM
KIANJOO
KIMHIN
KINSTEL
KKB
KNM
KOBAY
KOMARK
KOSSAN
KPOWER
KSENG
KSSC
KYM
LAFMSIA
LBALUM
LCTH
LEONFB
LEWEKO
LIONCOR
LIONDIV
LIONIND
LSTEEL
LUSTER
LYSAGHT
MASTEEL
MASTER
MAYPAK
MBL
MELEWAR
MENTIGA
MERCURY
METROD
MIECO
MINETEC
MINHO
MLGLOBAL
MSC
MUDA
MULTICO
MYCRON
NAKA
NWP
NYLEX
OKA
ORNA
PA
PCHEM
PENSONI
PERSTIM
PERWAJA
PETGAS
PETRONM
PIE
PMBTECH
PMETAL
PNEPCB
POLY
PPHB
PREMIER
PRESTAR
PRG
PWORTH
QUALITY
RALCO
RAPID
RESINTC
RUBEREX
SAB
CLOSING
(RM)
0.395
0.270
3.580
0.180
0.715
0.355
0.700
0.275
1.140
3.820
0.605
0.615
0.115
0.570
1.420
1.620
0.675
0.115
1.030
2.550
1.610
0.290
0.200
0.210
3.450
0.065
2.080
0.945
1.400
1.930
1.190
1.650
1.400
0.750
0.045
4.790
0.185
1.690
0.540
0.810
1.300
0.880
0.360
2.210
0.340
0.185
0.315
0.510
0.735
1.170
0.950
0.460
0.875
1.150
0.270
0.650
1.050
1.070
1.060
2.730
0.515
2.170
2.170
1.400
1.550
0.050
0.230
0.085
0.370
0.220
0.100
0.875
0.485
4.440
3.200
1.250
0.860
0.270
0.190
1.110
0.670
0.330
0.045
2.980
0.075
0.800
1.940
0.255
0.095
0.150
0.085
0.990
1.660
1.320
0.190
0.885
0.640
3.110
2.020
0.090
1.640
0.475
1.490
0.535
5.960
0.550
5.200
0.390
0.460
9.040
0.470
0.610
0.465
0.135
0.040
0.065
0.345
0.190
0.070
3.550
0.400
0.605
0.400
0.780
0.225
0.530
1.240
1.680
0.815
0.065
1.150
0.470
2.350
2.020
0.865
0.235
0.115
0.135
0.565
0.945
1.050
0.055
6.860
0.610
5.540
0.135
22.480
5.260
10.480
0.980
2.390
0.450
0.365
0.890
0.335
0.465
1.040
0.120
1.520
0.770
6.080
0.450
0.780
3.800
+/–
(RM)
VOL
(‘000)
—
—
UNCH
5
-0.030
122.6
—
—
-0.010
8
UNCH
34.1
0.065 1266.5
UNCH 7850.1
UNCH
35.7
-0.180
3
UNCH
33.3
UNCH
16
-0.005
315
—
—
0.080 5318.6
-0.080
2.1
UNCH
414.3
-0.005
75.8
-0.020
31.9
-0.010
2
0.010
176.9
-0.005
154.9
UNCH
9.1
-0.005
93.1
-0.050
476.4
0.005
504.9
UNCH
51.3
UNCH
0.1
UNCH
153.7
-0.030
1.4
-0.010
1
-0.020 2185.8
—
—
—
—
0.005
115.6
-0.090 1420.9
—
—
-0.100 4169.5
UNCH 3633.5
-0.010 1970.4
-0.010
561.4
0.020
9
-0.005
30
0.010
14.2
-0.005
349.8
UNCH 7359.9
UNCH
423.8
—
—
-0.005
108.4
0.020
60
-0.010
959.8
-0.005 4463.4
-0.020 5297.6
—
—
0.010
121
0.010
0.1
0.050 9462.1
UNCH 1098.4
UNCH
332.9
UNCH
170.1
-0.005
140.8
0.020
23
-0.030 2161.8
UNCH
10
-0.090 1312.6
0.005 3762.4
0.010
15.1
-0.005
62.5
0.005
20
UNCH
228.3
—
—
-0.025
61
-0.005
595.4
-0.200 4318.5
—
—
0.050 3790.1
-0.020
186.9
0.030 3598.4
0.010 3700.6
UNCH
17
—
—
—
—
UNCH 1079.3
-0.010
22.5
UNCH
296.6
-0.005
56.6
0.040
30.2
-0.005
2
UNCH 1918.4
—
—
-0.020
3
-0.070
31.5
-0.010
115
0.010 1654.7
UNCH
180.9
-0.055
819.2
-0.030
1361
-0.020
143.8
-0.030
137.5
-0.005
1912
-0.010
75
UNCH 17188.8
UNCH
11.9
-0.020
430.3
-0.040 1923.1
0.010
3.1
-0.020
44.7
—
—
—
—
-0.010
152.8
—
—
-0.025
867.4
-0.005
445
UNCH
67.5
UNCH 1089.6
UNCH 6201.8
0.015 6191.4
0.030
30
UNCH 1954.7
-0.010
19.8
0.015
775.1
-0.065
14.7
—
—
UNCH
120
0.005
85
-0.005
1
-0.010
12
—
—
0.005
824.2
-0.005 5520.6
-0.010
155.8
-0.005
58.4
0.050
4
-0.060 1239.4
UNCH
54.1
0.005
10
-0.010
30.2
—
—
-0.005
66.6
0.005
131.4
0.020
31
-0.005
42.3
0.010 5111.9
-0.025
43.8
0.020
30.6
-0.005
2797
-0.020
1084
-0.060
355.6
UNCH
23.6
-0.015
111
0.070 2191.7
-0.005
2.8
—
—
-0.015
274.2
-0.005
21.8
UNCH
82.1
UNCH
824.7
0.005
9040
UNCH
2
—
—
UNCH
429.6
0.020
15
-0.010
149.2
UNCH
19.3
VWAP*
(RM)
PE#
(X)
DY
(%)
— 33.76
0.270 61.36
3.582 11.99
—
—
0.716 20.55
0.351 131.48
0.691
—
0.276
—
1.140
6.87
3.820 12.35
0.619
6.37
0.617
8.79
0.116
—
—
1.82
1.377
—
1.624
—
0.672 13.42
0.115
—
1.038 17.70
2.550 15.45
1.611 13.67
0.292
—
0.200
—
0.210
—
3.420
6.13
0.063
1.31
2.081 11.72
0.945 14.49
1.400 10.52
1.939
5.60
1.190
—
1.640
8.08
— 25.74
—
—
0.043
6.43
4.817 21.13
—
—
1.761
6.51
0.536
9.25
0.808 19.01
1.295
8.95
0.880 17.36
0.363
—
2.211 22.55
0.342 10.18
0.185 154.17
0.321
4.95
—
—
0.743
2.98
1.158
8.35
0.953
—
0.452 11.47
0.868
3.28
—
—
0.270 14.52
0.650 26.10
1.015
9.40
1.074 24.04
1.060 13.27
2.719
6.30
0.515 11.24
2.168 10.39
2.125
8.58
1.400
3.41
1.557
7.41
0.046
—
0.220
—
0.085
—
0.370
—
0.220 14.67
— 27.78
0.879 23.27
0.479 24.87
4.450 28.70
— 18.15
1.193
6.80
0.867 10.55
0.268
—
0.185
—
1.107
5.82
—
8.41
— 30.84
0.045
—
2.979 20.24
0.075
—
0.798
—
1.883 15.54
0.255
—
0.095 12.67
— 25.00
0.085
—
0.996 37.79
1.651
8.95
1.304 19.97
0.185 10.38
0.883 12.75
0.641
4.26
3.107 10.52
2.020
8.07
0.095
1.18
1.642 16.30
0.480 15.99
1.464
8.01
0.545
—
5.947 18.75
0.528
—
5.220 13.82
— 21.31
—
—
9.015 30.54
— 12.53
0.610 10.25
0.461
6.61
0.136
—
0.042
—
0.071
—
0.361
—
0.188
—
0.073
—
3.555
9.21
0.397
—
0.607
9.32
—
—
0.782 14.91
0.222
—
0.530 14.76
1.248
8.78
— 10.45
0.807
5.60
0.070
—
1.149
6.70
0.475
1.17
2.350 112.98
1.957 23.49
0.864 41.99
0.238
5.04
0.115
—
—
—
0.567 19.82
0.943
8.77
0.982 11.06
0.055
—
6.827 19.60
0.628
3.97
5.501
9.95
0.139
—
22.485 20.75
5.277
6.44
10.536 17.31
0.982 10.13
2.331 22.23
0.450
—
—
8.82
0.895
7.59
0.335 81.71
0.462 11.80
1.046 24.82
0.115 21.43
1.520
—
— 10.64
6.080
—
0.431
9.30
0.773 16.60
3.800 19.31
—
—
0.56
—
6.99
—
4.29
—
5.70
5.10
3.72
3.17
—
—
—
—
—
—
1.70
—
3.73
—
—
—
1.45
—
2.88
2.65
4.29
—
—
4.75
4.29
2.33
—
1.77
—
2.37
—
—
6.15
6.25
—
2.66
—
—
—
—
—
3.67
6.32
4.35
—
—
—
1.54
0.95
0.47
2.36
4.40
2.04
5.76
6.91
10.71
—
—
—
—
—
3.41
—
5.71
—
1.69
—
1.40
5.23
1.11
—
3.15
2.24
—
—
1.01
—
—
1.80
—
—
2.00
—
3.03
2.11
0.76
2.11
1.13
—
—
2.97
—
2.44
—
2.01
—
1.68
—
1.92
5.13
—
3.43
4.26
1.64
6.45
—
—
—
—
—
—
—
1.63
1.65
—
3.85
—
—
4.84
3.57
—
—
—
—
—
1.49
—
—
—
—
3.54
3.17
2.38
—
2.62
5.74
6.86
—
2.67
—
1.15
4.08
3.14
—
—
—
—
4.30
0.96
—
—
—
—
5.56
3.85
1.32
MKT CAP
(MIL)
71.1
35.6
272.6
10.5
96.0
77.7
365.9
77.5
128.7
770.1
72.6
168.6
33.6
40.0
86.8
402.5
32.5
31.8
531.5
153.1
302.2
47.6
19.6
26.3
662.9
75.5
1,119.6
432.5
168.0
86.4
48.8
494.2
153.9
34.3
19.8
5,146.3
8.4
898.4
75.6
452.6
494.0
88.0
27.0
603.9
35.5
33.4
84.6
6.3
163.2
193.1
1,836.6
80.7
185.1
188.8
46.2
107.9
888.7
237.2
90.3
599.8
50.5
532.2
223.9
261.2
124.0
269.1
25.4
83.3
49.8
73.4
52.8
243.2
51.4
7,286.1
177.4
555.7
172.3
194.0
209.5
45.1
186.7
26.4
50.5
1,427.7
90.2
88.4
155.2
34.0
89.5
67.4
14.7
125.5
154.9
1,285.3
90.4
87.6
39.6
1,381.4
314.3
94.4
422.8
1,024.2
101.4
66.7
3,811.2
31.0
1,879.7
37.4
68.9
7,681.2
116.8
219.6
144.2
43.5
52.6
90.5
247.7
24.3
121.2
147.6
97.8
33.0
16.8
71.8
51.0
37.1
49.8
201.6
171.2
43.2
126.3
42.1
235.0
616.2
38.4
66.6
6.4
43.2
109.8
149.4
79.0
52.1
54,880.0
79.1
550.1
75.6
44,481.9
1,420.2
805.0
78.4
3,104.2
59.2
58.4
97.8
112.9
84.6
153.9
75.0
88.1
32.3
531.7
61.7
178.8
520.3
26 Markets
WE
BURSA MAL AYSIA MAIN MARKET
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
8.280 2.688 6.090
5.800
1.243 0.777
—
—
1.870 1.130 1.580
1.530
3.270 1.566 2.920
2.730
1.070 0.700 0.860
0.825
11.320 6.410 11.000 10.880
0.970 0.280 0.325
0.315
0.400 0.230 0.280
0.280
1.350 0.526 0.970
0.940
0.440 0.230 0.255
0.235
0.770 0.370 0.380
0.370
6.350 2.600 3.000
2.940
0.695 0.365 0.535
0.515
0.815 0.480
—
—
1.556 0.699 1.300
1.260
2.388 0.603 2.250
2.200
0.850 0.639
—
—
1.000 0.690 0.720
0.700
0.470 0.200 0.360
0.325
2.240 1.500 1.690
1.680
2.550 1.300 2.300
2.240
2.368 0.769 1.870
1.850
3.560 1.884 2.730
2.490
5.750 3.126 4.860
4.440
0.425 0.240 0.390
0.370
0.830 0.370 0.500
0.480
15.669 13.828 15.200 15.200
15.515 14.900
—
—
0.185 0.080
—
—
0.450 0.215 0.310
0.305
2.210 0.700 1.550
1.500
1.720 0.685 1.200
1.190
0.495 0.220 0.360
0.335
3.530 1.650 3.080
2.980
3.260 1.562 2.580
2.510
0.800 0.640
—
—
2.966 1.219 2.420
2.330
2.300 1.660 1.960
1.950
7.030 2.407 5.020
4.790
0.745 0.530
—
—
0.230 0.140 0.170
0.165
1.750 1.360 1.670
1.640
5.418 2.234 5.030
5.010
1.370 0.700 1.080
1.070
0.820 0.640 0.705
0.705
1.633 1.130 1.190
1.130
1.427 0.745 0.770
0.745
0.400 0.275 0.345
0.345
2.150 1.377 1.700
1.680
2.900 1.629 2.530
2.440
0.670 0.490 0.520
0.505
0.580 0.410
—
—
2.407 2.054
—
—
1.550 0.895 1.270
1.230
1.893 1.001 1.220
1.210
1.078 0.790 0.900
0.870
0.270 0.160
—
—
0.830 0.510
—
—
CONSTRUCTION
0.560 0.260
—
—
0.728 0.505
—
—
1.079 0.540 0.640
0.625
0.875 0.495 0.510
0.505
0.577 0.330 0.405
0.400
1.142 0.847 0.940
0.935
1.235 0.875 0.880
0.875
1.859 1.540 1.680
1.660
1.157 0.753 1.070
1.030
1.306 0.835 1.090
1.070
0.620 0.330 0.555
0.545
2.580 1.100 2.070
1.870
5.089 3.665 4.680
4.600
1.422 0.780 0.850
0.835
1.540 0.780 0.840
0.830
1.457 1.282
—
—
1.490 1.280
—
—
2.010 1.601 1.950
1.930
3.651 2.844 3.420
3.370
0.835 0.540 0.670
0.650
0.863 0.480 0.490
0.490
1.280 0.510 1.140
1.100
0.455 0.215 0.235
0.215
1.840 1.170 1.690
1.650
1.100 0.740 0.905
0.885
1.670 1.050 1.640
1.580
1.540 1.060
—
—
1.440 0.680
—
—
0.485 0.325
—
—
1.336 1.020 1.150
1.120
0.370 0.190 0.335
0.320
1.520 0.840 1.110
1.100
2.701 1.497 2.270
2.250
0.985 0.355 0.370
0.370
1.575 1.172 1.230
1.230
1.994 1.366 1.460
1.440
0.235 0.110 0.115
0.110
4.063 2.905 3.300
3.250
1.050 0.660 0.700
0.690
1.450 0.980 1.400
1.390
0.530 0.330 0.355
0.345
0.445 0.265 0.380
0.365
1.740 0.845 1.310
1.270
0.792 0.438 0.560
0.530
1.744 1.083 1.600
1.580
0.895 0.555 0.760
0.740
0.395 0.200 0.215
0.210
TRADING SERVICES
0.421 0.150 0.320
0.285
0.595 0.275 0.280
0.275
3.300 2.470 2.800
2.740
0.235 0.135 0.195
0.190
2.377 0.765 1.690
1.620
7.061 4.220 6.240
6.150
0.740 0.340 0.380
0.360
0.325 0.090 0.095
0.090
11.012 9.130 9.450
9.300
2.780 1.518 2.060
2.030
0.345 0.060 0.085
0.070
1.308 0.750 0.825
0.790
0.175 0.105 0.115
0.115
3.240 2.410 2.800
2.670
4.810 4.160
—
—
0.495 0.285 0.480
0.450
6.910 5.270 6.020
5.860
0.299 0.203
—
—
1.060 0.690 0.760
0.740
0.676 0.335 0.475
0.470
0.450 0.195 0.265
0.255
7.190 6.347
—
—
2.841 1.765 2.150
2.140
0.477 0.336 0.420
0.405
2.907 1.900 2.040
2.040
0.855 0.610 0.700
0.695
0.550 0.330 0.400
0.395
3.390 2.858 3.370
3.320
0.230 0.119 0.145
0.135
1.170 0.555 0.980
0.930
4.488 3.666 3.990
3.950
1.090 0.450 0.470
0.465
2.140 0.990 1.890
1.880
3.930 1.960 3.410
3.320
1.092 0.637 0.805
0.800
0.562 0.332
—
—
0.633 0.410
—
—
0.105 0.060 0.085
0.085
1.040 0.650 0.785
0.770
0.060 0.040 0.050
0.050
1.987 1.390 1.860
1.820
0.145 0.085 0.090
0.085
2.770 0.990 1.340
1.270
1.837 0.900 1.250
1.110
0.685 0.480 0.560
0.550
1.679 1.284 1.600
1.570
5.585 3.530 3.940
3.850
1.710 0.979 1.340
1.270
0.430 0.240 0.275
0.255
1.476 0.522 1.140
1.110
0.450 0.210 0.220
0.220
0.325 0.195 0.230
0.220
3.817 2.771 3.520
3.470
0.390 0.190 0.310
0.300
1.097 0.810
—
—
1.567 1.047 1.380
1.360
1.420 0.650 1.290
1.250
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
-0.040
293
—
—
-0.030
764.8
-0.080
757.4
0.040
21.8
UNCH
147.1
-0.005
239.2
UNCH
102
UNCH
407.1
-0.005
139.5
-0.025
40
-0.030
358
-0.005
105.2
—
—
0.010 1626.9
-0.020
629.7
—
—
0.020
654.8
-0.025
582.4
-0.110
5
-0.020
44
UNCH
11.5
0.170 9716.2
-0.330 1922.7
-0.005 1608.8
0.005
201.2
UNCH
1.5
—
—
—
—
UNCH
8
-0.030
41.7
0.040
28.4
0.015
46.1
-0.030
272.9
-0.070
233.4
—
—
0.020
145.4
UNCH
35
-0.070 12284.4
—
—
0.015
101.2
UNCH 2089.9
UNCH
8.2
UNCH
415
-0.005
0.5
-0.010 9969.9
-0.010
917.4
UNCH
19.7
UNCH
229.5
-0.030
548.3
-0.010
120.2
—
—
—
—
-0.010 1407.9
UNCH
112
0.030
918
—
—
—
—
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
YEAR
HIGH
5.973
8.32
— 15.83
1.554 12.35
2.785 18.24
0.857
—
10.912 13.04
0.318
—
0.280 25.45
0.950 32.82
0.251 612.50
0.373
—
2.966
2.52
0.523 15.50
—
—
1.280 18.95
2.228 22.45
— 22.64
0.714
—
0.335
—
1.682
—
2.278 14.11
1.855
9.90
2.621 14.57
4.565
8.93
0.380
2.76
0.489
6.52
15.200 20.23
—
—
—
—
0.308
—
1.515
6.87
1.191
0.48
0.346
—
3.014 17.31
2.531 10.58
— 42.94
2.389 11.43
1.956
—
4.882 16.95
— 93.18
0.166 22.37
1.654 12.70
5.029 27.00
1.080
7.32
0.705
—
1.152 20.74
0.753
7.69
0.345
—
1.693
8.18
2.454 20.57
0.510
—
— 87.27
— 18.92
1.248 10.02
1.220 14.66
0.881 14.41
—
—
—
—
2.00
6.59
1.45
3.31
—
2.02
—
—
3.11
—
5.41
—
1.32
—
1.51
1.36
3.60
—
—
2.96
3.54
2.70
1.47
4.46
—
—
7.24
7.38
—
—
—
—
—
2.30
7.14
—
4.13
6.15
2.04
1.63
—
6.02
2.99
2.78
—
4.87
4.03
—
1.78
3.74
—
—
4.59
1.46
1.64
2.26
—
—
514.5
66.2
491.4
372.2
63.3
2,507.0
28.0
95.8
183.0
122.5
29.6
888.0
99.4
22.0
1,455.0
544.1
31.1
302.0
30.1
353.2
271.2
148.0
1,850.0
1,660.9
164.7
89.1
1,879.0
5.0
17.8
19.6
60.9
48.1
55.1
321.1
243.2
62.3
264.9
248.5
6,159.4
65.8
38.9
655.9
728.9
86.4
82.7
1,367.5
577.3
29.1
225.3
815.9
47.2
19.2
523.2
601.7
339.5
141.6
69.7
56.3
1.380
2.500
0.699
1.519
0.340
0.450
2.794
1.829
4.620
9.266
1.748
0.503
2.390
0.070
0.410
7.930
3.120
3.467
0.020
0.755
6.700
0.910
1.630
0.375
1.980
0.490
0.450
2.000
0.408
1.944
4.400
1.538
0.620
0.390
0.480
0.350
0.785
1.940
2.708
1.855
0.185
7.034
1.258
3.457
1.652
0.685
1.000
2.630
1.380
9.275
2.754
0.540
0.125
0.245
0.415
2.380
1.160
0.135
1.007
0.831
1.759
0.155
2.750
0.501
0.745
2.346
1.420
0.170
1.473
1.570
0.635
0.250
7.047
26.089
0.250
7.184
0.270
0.430
5.116
3.270
3.310
0.202
0.200
0.410
0.921
0.935
0.660
0.205
2.379
0.265
0.590
1.310
1.470
1.810
9.227
0.900
2.846
1.530
2.527
3.427
0.265
2.658
0.525
1.688
2.191
14.567
1.850
0.545
0.375
7.378
0.740
1.500
0.475
3.006
1.321
3.100
2.550
1.477
0.750
2.600
0.815
3.010
0.545
4.541
1.460
0.130
3.236
0.835
1.610
FINANCE
14.355
2.961
4.717
13.200
13.400
6.224
1.970
4.148
8.811
6.282
0.500
1.364
13.867
10.793
16.614
2.570
1.035
0.900
0.215
2.650
0.764
15.804
1.000
3.176
9.190
2.189
4.180
2.090
1.477
19.304
0.330
8.001
0.743
4.143
1.965
9822
7811
5170
7247
9237
4731
7239
7366
7073
5145
5163
4324
5181
7115
7155
7248
7132
5665
7143
6904
7207
7235
7106
5012
4022
5149
4448
4448P
5178
7097
7439
9741
6378
7034
7374
7854
7285
5010
7113
7173
4359
7100
7133
7227
4995
6963
5142
7226
7111
7231
7050
7025
5009
4243
7245
5048
7020
7014
SAM
SAPIND
SCABLE
SCGM
SCIB
SCIENTX
SCNWOLF
SCOMIEN
SEACERA
SEALINK
SEB
SHELL
SIGGAS
SKBSHUT
SKPRES
SLP
SMISCOR
SSTEEL
STONE
SUBUR
SUCCESS
SUPERLN
SUPERMX
TAANN
TADMAX
TAS
TASEK
TASEK-PA
TATGIAP
TAWIN
TECGUAN
TECNIC
TEKALA
TGUAN
TIENWAH
TIMWELL
TOMYPAK
TONGHER
TOPGLOV
TOYOINK
TURIYA
UCHITEC
ULICORP
UMSNGB
VERSATL
VS
WASEONG
WATTA
WEIDA
WELLCAL
WONG
WOODLAN
WTHORSE
WTK
WZSATU
YILAI
YKGI
YLI
5.960
0.910
1.550
2.820
0.860
10.900
0.320
0.280
0.965
0.245
0.370
2.960
0.530
0.550
1.300
2.200
0.695
0.720
0.335
1.690
2.260
1.850
2.720
4.480
0.370
0.495
15.200
14.900
0.115
0.305
1.520
1.190
0.360
3.050
2.520
0.700
2.420
1.950
4.910
0.615
0.170
1.660
5.020
1.080
0.705
1.170
0.745
0.345
1.690
2.460
0.515
0.480
2.180
1.250
1.220
0.885
0.200
0.555
7007
7078
6173
5190
5932
8761
8591
7528
5253
8877
7047
9261
5398
5226
5169
5169PA
5169PB
6238
3336
5268
8834
4723
9083
7161
3565
5171
9628
5129
5006
9571
5924
5085
5703
8311
7055
5070
7145
9598
5205
5263
9717
5054
5622
5042
9679
7028
2283
ARK
AZRB
BDB
BENALEC
BPURI
BREM
CRESBLD
DKLS
ECONBHD
EKOVEST
FAJAR
GADANG
GAMUDA
GBGAQRS
HOHUP
HOHUP-PA
HOHUP-PB
HSL
IJM
IKHMAS
IREKA
JAKS
JETSON
KERJAYA
KEURO
KIMLUN
LEBTECH
MELATI
MERGE
MITRA
MTDACPI
MUDAJYA
MUHIBAH
PESONA
PLB
PRTASCO
PSIPTEK
PTARAS
SENDAI
SUNCON
SYCAL
TRC
TRIPLC
TSRCAP
WCT
ZECON
ZELAN
0.335
0.590
0.625
0.505
0.400
0.935
0.880
1.680
1.030
1.070
0.550
1.920
4.630
0.850
0.830
1.340
1.290
1.950
3.400
0.650
0.490
1.120
0.220
1.690
0.885
1.620
1.540
0.800
0.365
1.140
0.335
1.100
2.250
0.370
1.230
1.440
0.115
3.300
0.690
1.390
0.350
0.380
1.290
0.530
1.580
0.740
0.210
—
—
-0.020
-0.005
-0.005
-0.005
UNCH
-0.010
-0.020
-0.020
-0.005
-0.180
-0.050
0.005
-0.010
—
—
UNCH
-0.030
-0.010
UNCH
-0.010
-0.015
UNCH
-0.015
0.040
—
—
—
UNCH
0.005
UNCH
-0.050
UNCH
-0.030
-0.030
UNCH
UNCH
-0.005
UNCH
UNCH
0.010
-0.020
-0.015
-0.030
-0.030
UNCH
—
—
42.2
152.6
57.8
30
23
14
260.5
251
586.4
8798.9
3249
731.2
235.3
—
—
968.3
6008.8
2960.1
30
583.6
380
24.1
49
1525.9
—
—
—
548.3
61.5
294.1
28.4
1043.2
8
345.5
203.5
6
88.8
811.6
223.7
11
35.5
201.7
1160.7
118
925.7
— 17.54
— 12.45
0.635
7.75
0.509 336.67
0.404 23.39
0.938 18.09
0.878
4.24
1.671
7.24
1.037
9.33
1.079 45.73
0.548
—
1.926
5.19
4.640 16.75
0.838
—
0.834
4.06
—
—
—
—
1.933 14.07
3.393 13.97
0.652
—
0.490
—
1.122 25.57
0.220 26.51
1.674
9.87
0.899 885.0
1.607
6.75
— 65.81
— 17.06
—
5.01
1.130
8.09
0.328
—
1.101
—
2.260 11.90
0.370 18.69
1.230 26.11
1.449 11.43
0.115 18.25
3.282 15.42
0.694
8.31
1.398 14.14
0.349
3.29
0.369
5.95
1.300 11.27
0.544 12.13
1.596
8.41
0.747
—
0.210
5.82
—
3.39
5.60
0.59
5.00
3.21
4.26
1.79
2.43
1.87
2.27
2.60
2.59
—
—
1.87
1.16
1.33
2.50
—
—
—
—
1.78
—
2.35
—
2.19
—
2.92
—
—
1.78
2.70
4.07
5.56
—
5.45
1.81
—
—
0.47
—
1.68
1.24
—
—
15.4
285.3
189.9
410.0
93.5
323.0
155.7
155.7
551.1
915.3
181.5
451.4
11,140.1
332.3
288.0
10.7
25.4
1,136.2
12,181.3
338.0
83.7
491.0
41.4
218.3
887.4
486.9
210.2
96.0
24.5
732.1
77.6
607.7
1,059.8
242.0
112.3
485.8
36.5
537.2
534.1
1,797.1
112.1
182.6
85.5
92.5
1,940.9
88.1
177.4
5238
5166
6599
7315
5099
5014
5115
0159
6351
7083
5194
5210
1481
6399
7048
7579
6888
5021
7251
7241
6998
5032
5248
3395
5196
4219
6025
1562
7036
9474
2771
5257
5245
2925
7117
7209
7016
5104
5136
5037
5184
0091
5141
5132
7212
7277
5908
5216
2097
5259
5036
7471
1368
0064
5081
5208
7189
AAX
AEGB
AEON
AHB
AIRASIA
AIRPORT
ALAM
AMEDIA
AMWAY
ANALABS
APFT
ARMADA
ASB
ASTRO
ATLAN
AWC
AXIATA
AYS
BARAKAH
BHS
BINTAI
BIPORT
BJAUTO
BJCORP
BJFOOD
BJLAND
BJMEDIA
BJTOTO
BORNOIL
BRAHIMS
BSTEAD
CARIMIN
CARING
CCB
CENTURY
CHEETAH
CHUAN
CNI
COMPLET
COMPUGT
CYPARK
DAYA
DAYANG
DELEUM
DESTINI
DIALOG
DKSH
DSONIC
EASTLND
EATECH
EDARAN
EDEN
EDGENTA
EFFICEN
EIG
EITA
EKIB
0.285
0.280
2.780
0.195
1.660
6.190
0.365
0.095
9.400
2.060
0.070
0.795
0.115
2.720
4.360
0.450
5.990
0.270
0.760
0.470
0.260
6.900
2.150
0.410
2.040
0.700
0.400
3.340
0.135
0.935
3.970
0.465
1.890
3.320
0.805
0.440
0.430
0.085
0.770
0.050
1.820
0.085
1.280
1.150
0.550
1.580
3.940
1.300
0.265
1.130
0.220
0.225
3.490
0.305
0.900
1.380
1.280
-0.030 113697.3
UNCH
443.6
0.030 1226.4
0.005
350
-0.030 61409.8
-0.010
418.5
-0.005 4250.5
UNCH
100.9
0.140
11.8
0.010
24.7
-0.010 22529.6
0.005 57634.9
0.005
120.8
-0.070 2112.8
—
—
-0.005 7644.8
-0.020 4427.4
—
—
0.030
233
-0.005
720
-0.005
784.2
—
—
0.010
218.6
-0.005 8863.5
UNCH
525
UNCH
25
-0.010
8.9
-0.050
481.6
-0.010 21529.2
-0.045
135.6
UNCH
10
0.005
97.4
-0.110
12
-0.100
35.3
0.005
425.4
—
—
—
—
-0.005
43
0.015
14.1
0.005
373
-0.060
588.6
-0.005
1305
-0.040 2935.5
-0.070 4259.8
-0.010
236.7
-0.010 3365.5
0.060
3.9
-0.040 1164.8
0.005
408.1
0.010
350.8
-0.015
17
UNCH
342.1
0.010 1034.4
UNCH 1601.5
—
—
0.020
112.2
0.010
44.6
0.298
—
0.280
—
2.760 29.23
0.190 23.49
1.653
8.55
6.189
—
0.367
6.78
0.090
—
9.403 18.83
2.053 12.48
0.076
—
0.806
—
0.115
—
2.726 25.93
— 24.10
0.464 14.80
5.994 20.31
—
9.00
0.747 31.54
0.470
—
0.261
—
— 24.88
2.146 11.99
0.410
2.38
2.040 36.89
0.698
—
0.398
—
3.340 13.84
0.140 12.74
0.933
—
3.965 310.16
0.467
—
1.885 31.24
3.331
7.40
0.803
9.32
— 45.83
— 1075.0
0.085
—
0.775 36.67
0.050
—
1.828
8.58
0.085
—
1.301
6.54
1.160 10.37
0.555 22.45
1.581 28.16
3.894 16.87
1.296 34.39
0.267
1.88
1.123 18.96
0.220 34.38
0.221
—
3.492 14.86
0.308 34.27
— 10.03
1.375
9.17
1.272 21.23
—
35.71
1.80
—
1.81
1.23
—
—
4.26
1.46
—
2.05
2.17
4.60
6.31
—
3.67
4.63
2.63
—
—
3.19
4.60
2.44
1.10
—
—
5.22
—
—
5.04
—
1.06
1.51
4.97
1.70
1.33
3.53
3.90
—
2.75
—
5.47
4.78
—
1.39
2.41
1.28
—
1.99
—
—
4.30
—
3.89
2.90
—
1,182.2
114.8
3,903.1
31.2
4,619.7
10,270.4
337.4
22.7
1,545.2
123.6
30.4
4,663.7
76.4
14,157.6
1,105.9
116.8
52,816.3
102.7
626.7
197.0
55.8
3,174.0
2,463.3
1,916.0
770.4
3,500.2
94.0
4,512.4
401.3
220.9
4,105.7
108.8
411.5
334.5
301.2
56.2
72.5
61.2
94.3
106.7
452.6
147.6
1,122.7
460.0
504.2
8,232.2
621.2
1,755.0
65.1
569.5
13.2
70.1
2,839.1
216.3
167.0
179.4
117.6
YEAR
LOW
DAY
HIGH
DAY
LOW
0.966 1.170
1.160
1.500 2.170
2.140
0.425 0.440
0.425
1.217
—
—
0.145 0.170
0.165
0.110
—
—
1.892 2.400
2.380
0.815 1.640
1.590
3.722 4.370
4.190
6.510 8.680
8.340
1.034 1.570
1.540
0.380 0.425
0.400
1.773 2.360
2.330
0.060
—
—
0.265 0.290
0.285
3.579 7.720
7.590
1.479 2.870
2.760
2.800
—
—
0.005 0.010
0.005
0.250 0.365
0.355
5.312 6.450
6.360
0.670 0.825
0.815
0.920 1.000
0.995
0.205
—
—
1.450 1.820
1.800
0.345
—
—
0.290 0.350
0.345
1.638 1.820
1.780
0.250
—
—
1.300
—
—
3.768 4.260
4.220
0.970 0.990
0.970
0.350 0.600
0.570
0.190 0.205
0.195
0.235 0.275
0.265
0.120
—
—
0.500 0.665
0.625
0.871 1.690
1.620
2.430 2.570
2.550
1.165 1.630
1.600
0.135 0.150
0.150
5.516 6.460
6.310
0.510 0.545
0.520
1.940 2.230
2.200
0.997 1.380
1.350
0.484 0.650
0.640
0.650 0.760
0.740
1.886 2.320
2.260
0.875 1.030
1.000
7.308 8.840
8.680
1.490 1.770
1.730
0.330 0.415
0.410
0.060 0.070
0.070
0.155 0.175
0.175
0.245 0.295
0.285
1.241 2.080
1.940
0.560 0.700
0.700
0.070 0.075
0.075
0.660 0.780
0.765
0.590 0.710
0.695
1.231 1.540
1.520
0.085 0.110
0.105
1.407 2.340
2.300
0.378 0.415
0.415
0.449 0.620
0.605
0.865 0.925
0.885
0.896 1.200
1.110
0.055 0.065
0.060
0.841 1.300
1.240
0.995
—
—
0.230 0.270
0.260
0.135
—
—
4.592 6.310
6.250
17.792 25.160 24.440
0.030
—
—
5.176 5.720
5.600
0.155 0.170
0.155
0.210 0.235
0.235
2.040 2.160
2.110
1.565 2.910
2.850
2.410 2.580
2.500
0.103
—
—
0.100 0.155
0.150
0.340 0.400
0.375
0.545 0.575
0.565
0.603 0.780
0.780
0.460 0.490
0.490
0.090
—
—
1.543 2.300
2.280
0.135 0.195
0.185
0.195 0.210
0.200
0.863 1.220
1.220
1.270 1.290
1.270
1.340 1.420
1.400
6.535 7.980
7.860
0.720
—
—
1.360 2.180
2.110
1.340 1.430
1.400
2.290 2.450
2.440
2.448 2.500
2.500
0.100 0.125
0.115
1.877 2.300
2.270
0.330 0.340
0.335
1.210 1.310
1.290
1.471 1.590
1.570
10.103 13.440 13.260
1.229 1.650
1.600
0.300 0.310
0.310
0.130 0.150
0.140
5.792 6.630
6.530
0.460 0.655
0.630
0.882 1.260
1.250
0.340
—
—
2.661 2.790
2.790
0.900 0.980
0.980
2.300 2.800
2.790
0.860 0.980
0.960
1.150 1.190
1.170
0.500 0.515
0.510
1.560 1.850
1.750
0.360 0.790
0.760
2.230
—
—
0.420
—
—
3.386 4.100
4.020
0.755 1.010
0.995
0.025 0.035
0.035
2.310 2.790
2.770
0.434 0.770
0.755
1.349 1.600
1.560
10.780
2.073
3.070
9.770
9.650
4.126
1.342
3.170
7.480
3.930
0.310
1.230
11.509
7.327
12.153
1.778
0.572
0.837
0.110
1.589
0.460
13.847
0.626
2.650
8.180
1.260
2.820
1.290
1.227
16.745
0.250
5.010
0.505
3.654
1.100
11.880
2.210
3.770
10.480
—
4.570
1.800
3.680
8.650
4.630
0.365
1.280
13.320
—
14.660
2.570
0.700
—
0.115
2.470
0.490
14.940
0.980
—
8.880
1.490
2.900
1.440
1.360
18.880
0.270
5.750
0.525
3.930
1.360
11.880
2.180
3.710
10.480
—
4.500
1.700
3.620
8.600
4.540
0.360
1.270
13.020
—
14.360
2.530
0.690
—
0.110
2.450
0.490
14.860
0.970
—
8.770
1.440
2.860
1.390
1.350
18.560
0.270
5.680
0.515
3.840
1.290
CODE
5056
6939
9318
7210
0128
9377
5209
0078
4715
3182
3204
7676
7668
7110
7253
3034
2062
5008
7013
5255
5225
5614
5673
8923
0058
8672
5079
6491
0151
5035
5878
5843
9121
4847
6874
7170
8486
5143
3859
5264
3514
6012
5077
5983
4502
5090
7234
3069
5186
3816
2194
0059
0043
3891
3905
0138
9806
4464
5533
0172
5201
3018
5260
8419
5125
5657
5041
6254
5133
7108
0047
7080
5219
5681
7027
7081
7201
7163
4634
5204
8346
5272
0037
8885
8567
5147
7185
9113
0099
7158
7045
7053
9792
5250
4197
9431
5218
5242
6084
9865
1201
6521
5173
8524
5140
5347
8702
7228
7206
4863
0101
8397
7218
5711
5167
7137
5243
7091
5754
7250
7240
5016
7692
5246
5267
7122
7293
7066
4677
5139
5185
2488
1163
1163PA
1015
5088
5258
1818
1023
2143
5228
5819
5274
1082
6688
3379
3379PA
3441
5096
6483
8621
1198
1058
1155
1171
6459
5237
6009
1295
9296
1066
4898
6139
5230
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
ENGTEX
FIAMMA
FITTERS
FREIGHT
FRONTKN
FSBM
GASMSIA
GDEX
GENM
GENTING
GKENT
GUNUNG
HAIO
HAISAN
HANDAL
HAPSENG
HARBOUR
HARISON
HUBLINE
ICON
IHH
ILB
IPMUDA
JIANKUN
JOBST
KAMDAR
KBES
KFIMA
KGB
KNUSFOR
KPJ
KPS
KPSCB
KTB
KUB
LFECORP
LIONFIB
LUXCHEM
MAGNUM
MALAKOF
MARCO
MAXIS
MAYBULK
MBMR
MEDIA
MEDIAC
MESB
MFCB
MHB
MISC
MMCCORP
MMODE
MTRONIC
MUIIND
MULPHA
MYEG
NATWIDE
NICORP
OCB
OCK
OLDTOWN
OLYMPIA
OWG
PANSAR
PANTECH
PARKSON
PBA
PDZ
PENERGY
PERDANA
PERISAI
PERMAJU
PESTECH
PETDAG
PETONE
PHARMA
PICORP
PJBUMI
POS
PRESBHD
PRKCORP
RANHILL
RGB
RPB
SALCON
SAMCHEM
SAMUDRA
SANBUMI
SCICOM
SCOMI
SCOMIES
SEEHUP
SEG
SEM
SIME
SJC
SKPETRO
SOLID
STAR
SUIWAH
SUMATEC
SURIA
SYSCORP
TALIWRK
TASCO
TENAGA
TEXCHEM
TGOFFS
THHEAVY
TM
TMCLIFE
TNLOGIS
TOCEAN
TSTORE
TURBO
UMS
UMWOG
UNIMECH
UTUSAN
UZMA
VOIR
WARISAN
WIDETEC
WPRTS
XINHWA
YFG
YINSON
YONGTAI
YTL
1.160
2.160
0.440
1.330
0.170
0.160
2.400
1.620
4.240
8.350
1.550
0.420
2.360
0.065
0.290
7.720
2.760
3.050
0.010
0.355
6.400
0.815
1.000
0.220
1.800
0.345
0.350
1.810
0.255
1.330
4.240
0.970
0.585
0.195
0.275
0.290
0.625
1.690
2.570
1.630
0.150
6.380
0.525
2.230
1.350
0.650
0.760
2.270
1.020
8.700
1.750
0.415
0.070
0.175
0.295
2.040
0.700
0.075
0.780
0.695
1.530
0.110
2.330
0.415
0.605
0.895
1.110
0.060
1.250
1.540
0.260
0.135
6.310
24.760
0.055
5.640
0.165
0.235
2.140
2.850
2.550
1.600
0.155
0.395
0.570
0.780
0.490
0.120
2.280
0.190
0.200
1.220
1.290
1.400
7.900
0.730
2.120
1.400
2.450
2.500
0.120
2.270
0.340
1.310
1.590
13.300
1.620
0.310
0.140
6.550
0.655
1.250
0.400
2.790
0.980
2.800
0.960
1.190
0.515
1.750
0.790
2.360
0.515
4.040
1.000
0.035
2.790
0.755
1.580
-0.020
-0.010
UNCH
—
UNCH
—
UNCH
-0.030
-0.130
-0.310
-0.020
-0.010
UNCH
—
UNCH
0.070
-0.040
—
UNCH
UNCH
-0.030
-0.005
-0.010
—
-0.020
—
0.025
-0.010
—
—
-0.020
-0.030
-0.015
-0.005
0.005
—
-0.015
UNCH
0.020
0.020
UNCH
-0.010
UNCH
UNCH
-0.030
UNCH
-0.005
-0.010
UNCH
-0.100
-0.010
0.005
0.005
UNCH
0.005
0.040
UNCH
UNCH
-0.045
-0.015
UNCH
UNCH
0.030
-0.005
-0.015
-0.020
-0.100
UNCH
-0.040
—
-0.005
—
-0.030
0.020
—
-0.080
-0.005
UNCH
0.020
-0.050
-0.030
—
UNCH
-0.005
0.005
UNCH
-0.005
—
UNCH
0.005
-0.005
0.020
0.010
-0.020
UNCH
—
0.020
-0.010
0.010
-0.070
0.005
-0.060
0.005
0.010
0.040
UNCH
0.020
UNCH
-0.005
0.060
UNCH
-0.010
—
0.030
-0.020
-0.110
-0.005
0.010
-0.005
-0.040
0.030
—
—
-0.010
UNCH
UNCH
UNCH
UNCH
-0.010
110.4
92.7
544
—
1900.3
—
57.4
408.3
6121.3
2663
219.4
54
31.1
—
102.3
924.9
103.5
—
1760
957
14078.6
1.5
10
—
46
—
107.1
6.9
—
—
299.1
192.4
1536.2
606.6
440.4
—
86.4
775
276.3
2485.2
196
2615
3380.2
30.7
35.4
300.4
12
801.8
1498.8
2120.7
784
105.8
300.1
1615.1
1782.7
23856.5
16.5
1353
3
730.5
29.6
358.5
557.4
15
499.5
2339.1
1759.6
1145.3
164.3
—
6924.4
—
3
1053.2
—
47.4
165.6
20
1331.4
322.5
27
—
4671.7
209.1
2059.7
9
100
—
180.8
4663.9
3403.4
5
106
320
2244.2
—
19129.1
251
643.5
5
35388.7
62.6
155
174.2
25.2
6332.8
7
10
6617
3736.3
791.7
620.2
—
0.1
9.9
11
2993.4
232
3
174.9
34
—
—
684.1
105.8
598.2
73.8
386
8061.4
AEONCR
AFFIN
AFG
ALLIANZ
ALLIANZ-PA
AMBANK
APEX
BIMB
BURSA
CIMB
ECM
ELKDESA
HLBANK
HLCAP
HLFG
HWANG
INSAS
INSAS-PA
JOHAN
KAF
KENANGA
LPI
MAA
MANULFE
MAYBANK
MBSB
MNRB
MPHBCAP
P&O
PBBANK
RCECAP
RHBCAP
TA
TAKAFUL
TUNEPRO
11.880
2.190
3.760
10.480
10.680
4.530
1.700
3.660
8.600
4.580
0.360
1.280
13.100
10.100
14.480
2.560
0.690
0.890
0.115
2.450
0.490
14.940
0.970
2.900
8.780
1.450
2.860
1.400
1.350
18.700
0.270
5.730
0.515
3.900
1.300
0.220
2.7
-0.020
271.1
UNCH 1605.6
-0.020
20
—
—
0.050 2125.5
-0.080
7
0.020
93.8
-0.010 1469.6
-0.020 11615.5
UNCH
91.3
UNCH
39.3
0.020
534.1
—
—
-0.020
193.7
0.050
64.8
-0.010
339
—
—
UNCH
140
-0.030
77.6
UNCH
63.5
0.020
72.3
-0.010
132
—
—
-0.050
12335
-0.020
716.4
-0.040
17
-0.010
389.8
UNCH
37.3
-0.100 8744.3
-0.005 1788.6
0.050 1218.4
-0.005
400.7
-0.020
334.6
-0.050 2096.6
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
1.168
8.53
2.154
5.76
0.431 20.95
— 11.20
0.169 15.04
—
—
2.397 29.06
1.614 65.32
4.242 19.56
8.437 23.47
1.551 12.05
0.411 63.64
2.343 14.51
—
—
0.289
8.06
7.689 18.27
2.819
9.87
— 12.32
0.009
—
0.358 19.83
6.409 56.24
0.816
—
0.998
7.99
—
—
1.817
9.92
— 10.42
0.350
—
1.791 10.04
—
—
—
5.58
4.239 33.15
0.981 12.23
0.579
6.36
0.199 10.21
0.268
—
— 31.87
0.651
—
1.651 11.31
2.555 15.96
1.613
3.33
0.150
8.02
6.358 27.50
0.532
—
2.223 10.84
1.363 10.80
0.649
9.66
0.743 100.00
2.302
6.80
1.013 36.96
8.736 15.73
1.750
3.29
0.413
7.86
0.070 41.18
0.175
—
0.291
3.72
2.041 48.46
0.700
—
0.075
—
0.775 11.49
0.699 18.94
1.531 15.53
0.106
4.23
2.321 27.54
0.415 13.34
0.611
9.71
0.898
—
1.139 12.63
0.065
—
1.268
7.85
—
—
0.264
—
—
—
6.270 15.51
24.726 31.14
—
0.38
5.666 17.38
0.162 14.73
0.235
—
2.137 16.74
2.893 80.51
2.536
2.71
— 186.05
0.154
9.75
0.390
—
0.568 20.14
0.780 15.26
0.490
6.09
—
—
2.281 20.34
0.190
7.04
0.204
9.39
1.220
—
1.280 34.58
1.409 30.70
7.904 22.81
— 45.06
2.145 20.31
1.417 26.12
2.449 13.60
2.500 18.78
0.120 10.81
2.284
4.98
0.337 43.59
1.306 17.31
1.579 11.47
13.311 13.07
1.626 25.76
0.310
—
0.142
—
6.554 35.03
0.645 57.96
1.259
6.66
— 43.01
2.790 15.09
0.980
9.25
2.797
7.12
0.967 19.05
1.176 13.49
0.513
—
1.798 81.40
0.779
—
—
—
— 24.18
4.047 27.30
0.999 11.05
0.035
—
2.782 10.20
0.759
—
1.576 17.91
0.86
3.47
—
3.76
—
—
4.82
0.62
1.49
0.48
2.26
1.43
6.36
—
—
2.59
1.99
4.92
—
—
0.47
3.07
—
—
1.39
—
—
4.70
3.92
3.76
1.65
4.12
—
—
—
—
—
2.96
6.23
—
1.33
3.13
1.90
3.14
7.41
6.48
—
3.52
—
2.30
2.00
2.41
—
—
—
0.59
—
—
2.56
0.86
3.92
—
—
5.42
3.47
—
3.38
—
1.60
1.30
—
—
1.11
2.42
—
5.32
2.30
—
6.12
1.32
—
—
2.90
—
5.26
4.17
—
—
3.51
—
—
3.69
10.08
1.64
3.16
1.37
0.95
1.86
7.35
2.40
—
3.08
—
6.11
2.83
2.18
9.26
—
—
3.27
0.21
3.20
—
1.34
5.10
2.14
1.04
3.78
—
2.16
—
2.97
—
2.75
1.50
—
0.54
—
6.01
350.9
314.3
211.3
230.3
179.1
20.4
3,081.6
2,240.8
25,177.3
31,255.7
465.6
99.2
477.2
5.2
46.4
17,374.4
502.3
208.9
106.0
417.9
52,631.0
145.1
72.5
33.4
252.0
68.3
44.1
501.3
56.1
132.5
4,473.0
484.0
86.5
78.5
153.0
52.7
144.7
448.1
3,695.0
8,150.0
158.1
47,914.7
525.0
871.3
1,497.4
1,096.7
31.9
555.8
1,632.0
38,835.0
5,328.9
67.5
53.1
513.2
695.0
4,904.6
42.1
64.8
80.2
550.6
708.8
112.6
545.2
116.2
373.0
979.0
367.7
52.2
402.2
1,198.8
317.9
26.5
1,177.4
24,597.9
2.8
1,460.1
108.6
11.8
1,149.2
1,379.4
255.0
905.6
203.4
339.1
386.3
106.1
90.7
22.7
810.4
364.3
468.4
63.8
965.0
1,726.7
49,983.9
29.6
12,703.4
231.8
1,809.5
152.5
422.1
654.2
408.0
1,584.4
318.0
75,060.0
201.0
118.3
157.0
24,614.5
1,135.0
525.9
16.4
191.1
105.8
113.9
2,075.5
153.0
57.0
509.1
104.3
158.6
23.0
13,776.4
180.0
21.3
3,048.9
121.1
17,054.5
5.00
4.79
3.83
0.48
0.56
4.48
7.06
3.33
4.01
1.75
—
5.36
3.06
0.84
2.59
3.91
1.45
4.49
—
4.08
2.04
4.69
6.19
3.45
6.49
—
—
—
6.81
2.99
5.56
1.01
3.50
3.68
3.11
1,710.7
4,255.1
5,820.9
1,774.4
983.0
13,654.3
363.1
5,814.6
4,597.7
39,054.9
103.2
236.5
28,397.1
2,493.7
16,616.0
653.2
478.4
118.0
71.6
294.0
358.6
4,959.9
283.9
586.9
85,708.2
4,115.9
609.4
1,001.0
332.0
72,596.0
368.2
17,617.9
881.6
3,181.8
977.3
11.880
2.186
3.759
10.480
—
4.529
1.729
3.646
8.627
4.584
0.363
1.278
13.104
—
14.487
2.550
0.697
—
0.114
2.456
0.490
14.924
0.971
—
8.804
1.452
2.876
1.406
1.357
18.663
0.270
5.704
0.520
3.871
1.325
59.10
11.53
11.82
5.69
—
8.83
18.72
10.30
23.14
13.59
5.04
9.17
10.94
30.40
9.58
13.67
5.52
—
—
50.10
—
15.45
—
13.12
12.19
5.85
8.74
15.80
13.50
14.27
7.89
9.86
—
20.40
14.18
PROP
1
1
0
0
0
0
0
1
2
2
2
1
2
0
2
1
2
1
0
0
0
0
1
1
0
2
2
0
1
2
2
0
1
0
0
1
2
0
1
1
0
1
1
0
2
1
0
0
0
0
2
0
0
1
1
0
3
2
2
2
0
1
2
0
1
1
1
0
3
0
1
6
3
1
3
0
0
8
0
1
0
0
0
1
1
1
2
1
1
2
0
MINI
1
PLAN
1
17
9
1
0
9
0
8
2
11
1
1
1
2
3
0
0
4
24
3
3
0
3
2
1
1
2
5
0
1
0
4
3
0
5
2
0
1
1
2
6
27
HOTE
0
1
0
6
TECH
0
0
0
0
0
0
0
1
0
2
1
0
0
6
0
3
0
0
5
0
10
* Volu
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET
AP
IL)
0.9
4.3
1.3
0.3
9.1
0.4
1.6
0.8
7.3
5.7
5.6
9.2
7.2
5.2
6.4
4.4
2.3
8.9
6.0
7.9
1.0
5.1
2.5
3.4
2.0
8.3
4.1
1.3
6.1
2.5
3.0
4.0
6.5
8.5
3.0
2.7
4.7
8.1
5.0
0.0
8.1
4.7
5.0
1.3
7.4
6.7
1.9
5.8
2.0
5.0
8.9
7.5
3.1
3.2
5.0
4.6
2.1
4.8
0.2
0.6
8.8
2.6
5.2
6.2
3.0
9.0
7.7
2.2
2.2
8.8
7.9
6.5
7.4
7.9
2.8
0.1
8.6
1.8
9.2
9.4
5.0
5.6
3.4
9.1
6.3
6.1
0.7
2.7
0.4
4.3
8.4
3.8
5.0
6.7
3.9
9.6
3.4
1.8
9.5
2.5
2.1
4.2
8.0
4.4
8.0
0.0
1.0
8.3
7.0
4.5
5.0
5.9
6.4
1.1
5.8
3.9
5.5
3.0
7.0
9.1
4.3
8.6
3.0
6.4
0.0
1.3
8.9
1.1
4.5
0.7
5.1
0.9
4.4
3.0
4.3
3.1
4.6
7.7
4.9
3.2
6.5
7.1
3.7
6.0
3.2
8.4
8.0
1.6
4.0
8.6
9.9
3.9
6.9
8.2
5.9
9.4
1.0
2.0
6.0
8.2
7.9
1.6
1.8
7.3
YEAR
HIGH
YEAR
LOW
PROPERTIES
1.011 0.693
1.157 0.760
0.507 0.354
0.295 0.155
0.680 0.540
0.770 0.475
0.909 0.721
1.420 0.900
2.439 1.590
2.648 1.434
2.624 1.939
1.080 0.430
2.115 1.380
0.365 0.210
2.060 1.170
1.520 0.700
2.950 1.750
1.000 0.655
0.626 0.445
0.969 0.710
0.502 0.332
0.665 0.425
1.150 0.860
1.459 1.005
0.750 0.430
2.097 1.589
2.890 1.880
0.668 0.455
1.313 0.950
2.824 2.213
2.350 1.735
0.480 0.315
1.370 0.745
0.340 0.185
0.080 0.040
1.237 0.850
2.100 1.200
0.548 0.324
1.548 1.161
1.516 1.179
0.390 0.230
1.163 0.788
1.692 1.240
0.992 0.607
2.692 2.032
1.405 1.032
0.655 0.495
0.930 0.555
0.440 0.275
0.294 0.190
2.782 1.842
0.457 0.286
0.255 0.145
1.482 0.775
1.560 0.905
0.390 0.265
3.026 1.950
2.980 1.332
2.029 1.500
2.051 1.374
0.580 0.280
1.508 1.280
2.343 1.679
0.320 0.195
1.730 0.715
1.201 0.625
1.016 0.855
0.765 0.450
3.308 2.740
0.205 0.135
1.107 0.760
6.000 4.500
3.462 2.800
1.189 0.810
3.469 2.890
0.845 0.690
0.330 0.225
8.648 6.000
0.090 0.050
1.781 1.133
0.195 0.105
0.760 0.295
0.119 0.045
1.974 1.350
1.149 0.774
1.372 0.755
2.200 1.680
1.610 1.113
1.764 0.756
2.100 1.535
0.815 0.595
MINING
1.420 1.140
PLANTATIONS
1.810 1.000
17.971 16.560
9.500 7.612
1.568 1.053
0.830 0.685
9.141 7.530
0.595 0.380
8.194 6.910
2.152 1.166
11.560 8.494
1.940 1.130
1.370 0.886
1.190 0.790
2.518 1.881
3.800 2.990
0.745 0.605
0.741 0.545
4.949 3.622
24.780 19.357
3.609 2.891
3.380 2.146
0.645 0.345
3.950 2.410
2.000 1.410
1.860 1.500
1.028 0.800
2.850 1.930
5.033 3.930
0.350 0.200
1.220 0.800
0.675 0.465
4.080 3.442
3.309 2.653
0.825 0.550
5.491 3.610
2.227 1.654
0.838 0.510
1.610 1.090
1.680 1.150
2.350 1.730
6.312 5.280
27.680 24.412
HOTELS
0.808 0.515
1.460 0.840
0.360 0.205
6.966 5.300
TECHNOLOGY
0.950 0.690
0.475 0.195
0.250 0.105
0.430 0.230
0.255 0.130
0.240 0.155
0.325 0.180
1.780 1.160
0.990 0.523
2.100 1.173
1.280 0.710
0.310 0.185
0.319 0.232
6.910 4.677
0.743 0.550
3.960 2.201
0.240 0.100
0.890 0.566
5.950 2.636
0.250 0.060
10.700 5.564
DAY
HIGH
DAY
LOW
0.890
—
0.450
0.190
0.550
0.530
0.800
0.935
1.680
—
2.200
0.650
1.600
0.240
1.310
0.760
—
—
0.490
—
0.395
0.460
—
1.150
—
1.830
2.890
0.500
1.020
2.390
2.110
0.360
0.780
0.195
0.055
—
1.310
0.345
1.380
1.510
0.255
1.060
1.350
—
2.400
1.250
0.525
0.670
0.295
—
2.270
0.365
0.190
1.180
0.925
0.335
2.440
2.500
1.610
1.510
0.295
1.370
1.760
0.235
1.280
0.700
0.915
0.495
2.850
0.135
—
5.840
3.110
0.865
3.040
0.710
0.235
6.200
0.050
1.360
0.110
0.315
0.050
1.390
1.080
1.050
2.120
1.170
—
1.970
0.625
0.880
—
0.435
0.180
0.545
0.505
0.800
0.935
1.610
—
2.180
0.630
1.590
0.225
1.290
0.700
—
—
0.485
—
0.385
0.455
—
1.140
—
1.820
2.880
0.485
1.020
2.370
2.090
0.355
0.775
0.195
0.050
—
1.280
0.345
1.370
1.460
0.245
1.050
1.310
—
2.380
1.210
0.520
0.660
0.290
—
2.250
0.355
0.180
1.150
0.920
0.315
2.430
2.500
1.590
1.480
0.295
1.370
1.720
0.230
1.260
0.700
0.910
0.490
2.840
0.135
—
5.780
3.090
0.845
3.000
0.705
0.235
6.200
0.050
1.330
0.105
0.295
0.045
1.370
1.050
1.010
2.080
1.170
—
1.900
0.620
CODE
COUNTER
1007
5959
1007PA
4057
6602
9814
3239
5738
6718
5049
5355
3484
3417
3557
8206
6076
8613
6815
6041
5020
9962
1147
2968
1503
7010
5062
5018
4251
5084
1597
5249
5175
1589
6769
3115
7323
5038
3174
8494
5789
3573
7617
8583
6181
5236
5182
5040
1694
8141
8141PA
6114
8893
6548
1651
9539
3913
5073
5827
5053
1724
6912
1945
5075
2208
4596
5207
2224
4286
6017
4375
5213
1783
8664
3743
5211
1538
5158
2305
2259
5191
2429
7889
7079
5239
5401
5148
5200
2976
7003
3158
2577
AMPROP
A&M
AMPROP-PA
ASIAPAC
BCB
BERTAM
BJASSET
CHHB
CRESNDO
CVIEW
DAIMAN
DBHD
E&O
ECOFIRS
ECOWLD
ENCORP
ENRA
EUPE
FARLIM
GLOMAC
GMUTUAL
GOB
GPLUS
GUOCO
HOOVER
HUAYANG
HUNZPTY
IBHD
IBRACO
IGB
IOIPG
IVORY
IWCITY
JKGLAND
KBUNAI
KEN
KSL
L&G
LBICAP
LBS
LIENHOE
MAGNA
MAHSING
MALTON
MATRIX
MCT
MEDAINC
MENANG
MJPERAK
MJPERAK-PA
MKH
MKLAND
MPCORP
MRCB
MUH
MUIPROP
NAIM
OIB
OSK
PARAMON
PASDEC
PJDEV
PLENITU
PTGTIN
SAPRES
SBCCORP
SDRED
SEAL
SHL
SMI
SNTORIA
SPB
SPSETIA
SUNSURIA
SUNWAY
SYMLIFE
TAGB
TAHPS
TALAMT
TAMBUN
TANCO
THRIVEN
TIGER
TITIJYA
TROP
UEMS
UOADEV
WINGTM
Y&G
YNHPROP
YTLLAND
CLOSING
(RM)
0.890
0.765
0.450
0.180
0.545
0.530
0.800
0.935
1.670
1.510
2.200
0.650
1.590
0.235
1.290
0.760
2.050
0.760
0.485
0.850
0.385
0.460
1.050
1.150
0.530
1.820
2.880
0.490
1.020
2.370
2.100
0.355
0.775
0.195
0.050
1.020
1.300
0.345
1.380
1.500
0.255
1.060
1.350
0.740
2.400
1.250
0.525
0.670
0.295
0.240
2.260
0.360
0.185
1.160
0.920
0.330
2.440
2.500
1.590
1.490
0.295
1.370
1.730
0.235
1.270
0.700
0.915
0.490
2.850
0.135
0.810
5.780
3.100
0.865
3.010
0.710
0.235
6.200
0.050
1.330
0.105
0.295
0.050
1.380
1.070
1.020
2.100
1.170
1.120
1.970
0.620
+/–
(RM)
VOL
(‘000)
0.005
112.9
—
—
0.015
27.2
-0.005
624.9
-0.005
18
0.025
24.9
0.005
2.7
-0.065
57
-0.010
3.7
—
—
UNCH
36.2
0.020
91.2
-0.010
453.6
UNCH 1634.2
UNCH
555.4
0.035
20.4
—
—
—
—
-0.005
51
—
—
0.005
5
UNCH
687
—
—
UNCH
23.2
—
—
-0.010
47.7
-0.010
28.9
-0.005
111.1
0.020
1
0.010
71.9
UNCH 2035.3
UNCH
271
-0.005
179.1
0.005
10
-0.005
364
—
—
-0.010
499
-0.005
553.9
UNCH
36
0.030 1533.1
-0.005
82.5
0.010
391
0.020
106.3
—
—
-0.010
218
UNCH
282
-0.005
388
0.010
267.4
-0.005
95
—
—
UNCH
219.6
UNCH
484.5
-0.010
136.5
UNCH 1931.2
-0.005
59.6
UNCH
53
-0.010
296
-0.090
0.6
-0.010
98.4
-0.020
353.7
UNCH
44
0.010
4
-0.050
46.2
UNCH
10.2
0.010
41
UNCH
52.1
0.005
15
-0.005
25
UNCH
9.3
-0.005
355.1
—
—
-0.020
33.2
UNCH
360.8
-0.005
12.6
-0.040
64.2
-0.005
22.5
UNCH 1697.1
-0.200
1
UNCH 28876.5
-0.020
218.8
-0.005
191.9
-0.020
95.7
UNCH
15793
-0.030
485
-0.020 2817.4
-0.020 4164.9
0.020
183.4
-0.030
3
—
—
0.030 1194.7
UNCH
88.9
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.883
6.28
— 10.49
0.438
—
0.184
0.49
0.548
7.35
0.514
7.10
0.800 23.05
0.935
—
1.670
8.01
—
7.14
2.188 15.47
0.631
—
1.591 13.05
0.230
8.87
1.302 50.99
0.702 25.33
— 39.81
— 12.73
0.490 27.25
—
6.68
0.391
5.61
0.457
2.42
—
7.89
1.140
3.91
—
—
1.824
4.06
2.887 30.77
0.489 14.33
1.020 18.38
2.376 14.92
2.101
8.43
0.357
8.77
0.777 71.76
0.195
8.99
0.053
—
—
6.98
1.290
4.67
0.345
7.88
1.376
5.03
1.489 10.58
0.251
—
1.051
1.76
1.339
8.45
—
9.97
2.383
6.26
1.240 21.74
0.522
—
0.664
5.44
0.294
—
—
—
2.261
8.01
0.359 10.71
0.187
—
1.164
6.26
0.921
4.75
0.326
—
2.437 16.84
2.500 11.72
1.595
3.39
1.506 10.01
0.295
—
1.370 10.99
1.744
3.96
0.233
—
1.274 59.91
0.700 11.08
0.913
5.36
0.494
—
2.845
6.60
0.135
—
— 12.94
5.791
3.35
3.099 10.14
0.854 15.39
3.009
7.24
0.710 14.55
0.235 102.17
6.200 19.67
0.050
—
1.349
5.56
0.105
—
0.298
—
0.050 125.00
1.380
6.22
1.066
7.16
1.032 17.99
2.090
7.47
1.170
8.97
—
6.36
1.934 42.27
0.621 17.82
3.37
1.96
4.44
1.67
—
—
1.25
—
4.19
13.25
2.27
—
—
—
—
—
—
1.97
10.31
5.00
5.19
—
—
1.74
—
7.14
—
3.08
3.43
4.22
2.86
—
—
1.03
—
2.94
5.38
5.80
3.62
2.17
—
4.72
4.81
4.05
6.00
1.60
—
—
—
2.08
3.10
8.33
—
2.16
—
—
1.43
3.00
4.72
5.03
—
5.11
2.60
—
1.97
2.29
3.28
—
8.77
—
2.47
2.08
3.13
—
3.65
7.04
4.26
5.16
—
7.29
—
—
—
3.26
6.54
2.94
6.19
2.56
7.81
—
—
534.2
279.3
133.1
178.7
224.8
109.6
890.4
257.8
468.4
151.0
466.8
201.1
2,003.1
171.6
3,049.9
211.8
279.2
97.3
68.1
618.6
144.6
209.2
154.2
805.5
21.2
480.5
718.8
485.7
506.3
3,234.6
9,289.6
158.2
519.0
147.9
288.8
195.6
1,312.4
376.8
103.8
827.2
92.2
352.9
3,252.7
331.8
1,349.3
1,668.5
258.6
179.0
58.5
21.7
947.9
434.6
53.2
2,072.4
51.9
252.1
610.0
362.2
2,230.6
629.2
60.8
724.0
660.1
81.3
177.3
164.4
389.9
108.5
690.1
28.3
392.1
1,986.1
8,148.0
636.2
5,423.2
220.1
1,250.6
464.1
211.0
564.4
35.2
111.1
69.5
496.8
1,548.8
4,628.2
3,193.7
569.8
223.3
869.6
523.5
—
—
2186
KUCHAI
1.220
—
—
—
0.70
151.0
1.610
17.900
—
1.540
0.720
8.000
0.460
7.800
1.500
11.060
1.570
1.350
—
2.400
—
0.700
0.575
4.880
24.420
—
3.150
0.565
3.930
—
—
0.905
—
—
0.270
—
0.540
4.000
—
0.570
4.340
1.770
0.705
1.150
1.350
1.980
6.100
26.400
1.600
17.720
—
1.500
0.715
7.900
0.445
7.800
1.430
10.860
1.550
1.350
—
2.330
—
0.700
0.570
4.760
23.940
—
3.070
0.560
3.910
—
—
0.905
—
—
0.270
—
0.525
4.000
—
0.560
4.300
1.770
0.695
1.120
1.350
1.950
6.090
26.300
7054
1899
5069
5254
8982
1929
3948
5029
5222
2291
7382
2135
7501
5138
2216
2607
6262
1961
2445
2453
5027
1996
2003
6572
4936
5026
5047
2038
1902
9695
5113
2542
2569
4316
5126
5135
2054
5112
5251
9059
2593
2089
AASIA
BKAWAN
BLDPLNT
BPLANT
CEPAT
CHINTEK
DUTALND
FAREAST
FGV
GENP
GLBHD
GOPENG
HARNLEN
HSPLANT
IJMPLNT
INCKEN
INNO
IOICORP
KLK
KLUANG
KMLOONG
KRETAM
KULIM
KWANTAS
MALPAC
MHC
NPC
NSOP
PINEPAC
PLS
RSAWIT
RVIEW
SBAGAN
SHCHAN
SOP
SWKPLNT
TDM
THPLANT
TMAKMUR
TSH
UMCCA
UTDPLT
1.600
17.900
8.700
1.500
0.715
8.000
0.450
7.800
1.450
11.000
1.560
1.350
0.900
2.380
3.620
0.700
0.570
4.770
24.000
3.120
3.070
0.560
3.920
1.420
1.600
0.905
2.290
3.960
0.270
1.020
0.530
4.000
2.990
0.570
4.340
1.770
0.695
1.130
1.350
1.970
6.090
26.400
-0.010
0.060
—
-0.040
UNCH
0.100
-0.005
UNCH
-0.030
0.100
-0.040
-0.020
—
0.050
—
UNCH
-0.005
-0.030
UNCH
—
-0.030
-0.005
-0.020
—
—
-0.030
—
—
0.010
—
0.005
-0.050
—
0.005
0.010
-0.010
-0.010
-0.010
UNCH
0.020
-0.010
0.100
4
47.2
—
284.4
165.2
1.2
464
4
8463.4
949.1
55.9
19
—
67
—
10
170.8
4289.2
979.5
—
57.4
1078.6
1068.2
—
—
5
—
—
134
—
141.2
2
—
10.1
86.7
3
421.1
127.2
57.5
113
14
61.5
1.605
—
17.857
9.64
— 39.96
1.528 30.49
0.719 14.39
7.917 23.99
0.451
6.36
7.800 15.47
1.451 123.93
10.979 44.75
1.563
—
1.350 33.25
—
—
2.385 19.73
— 62.74
0.700
—
0.573 14.07
4.782
—
24.029 17.61
—
—
3.091 12.72
0.562
—
3.921 46.17
—
—
—
—
0.905 17.61
—
—
—
—
0.270
—
—
—
0.531
—
4.000 32.31
—
—
0.570
—
4.338 22.56
1.770 23.23
0.700 13.87
1.136 16.10
1.350 10.08
1.968
—
6.092 27.97
26.302 17.95
1.25
2.79
0.46
—
2.80
2.00
—
3.85
4.14
0.59
0.64
2.22
8.89
3.36
1.66
—
—
1.68
1.88
0.32
4.23
—
2.42
—
—
2.21
0.44
1.52
—
—
—
1.50
0.67
—
1.15
4.24
2.16
1.77
11.11
1.27
2.63
1.52
192.0
7,803.5
813.5
2,400.0
227.7
730.9
380.8
1,102.8
5,289.8
8,630.4
347.7
242.1
166.9
1,904.0
3,187.7
294.5
272.5
30,822.9
25,620.1
197.1
957.2
1,050.0
5,463.8
442.6
120.0
177.9
274.8
278.0
40.4
333.2
751.8
259.4
198.3
65.6
1,915.4
495.6
1,029.8
998.8
537.5
2,650.5
1,274.1
5,494.7
—
0.925
0.310
5.650
—
0.900
0.305
5.560
5592
1643
1287
5517
GCE
LANDMRK
PMHLDG
SHANG
0.580
0.900
0.305
5.560
—
-0.025
-0.005
-0.060
—
281.4
1281.2
259.6
—
—
0.904
—
0.307 3050.0
5.627 18.87
3.45
—
—
2.52
114.3
432.7
283.3
2,446.4
—
0.255
0.105
0.330
0.160
0.160
0.230
1.740
0.900
1.890
0.895
0.250
0.255
5.460
0.600
3.330
—
0.665
3.960
0.210
7.650
—
0.250
0.105
0.310
0.150
0.155
0.225
1.630
0.890
1.860
0.870
0.245
0.245
5.230
0.600
3.190
—
0.655
3.880
0.180
7.510
7031
5195
0051
7204
8338
0029
4456
5162
0065
0090
0021
0082
0056
7022
5028
0166
9393
5161
9334
0143
3867
AMTEL
CENSOF
CUSCAPI
D&O
DATAPRP
DIGISTA
DNEX
ECS
EFORCE
ELSOFT
GHLSYS
GPACKET
GRANFLO
GTRONIC
HTPADU
INARI
ITRONIC
JCY
KESM
KEYASIC
MPI
0.780
0.255
0.105
0.320
0.155
0.155
0.225
1.650
0.900
1.870
0.870
0.245
0.255
5.250
0.600
3.230
0.140
0.655
3.900
0.205
7.550
—
0.005
-0.005
-0.015
-0.005
-0.005
-0.005
-0.090
UNCH
-0.020
-0.010
-0.005
-0.005
-0.200
UNCH
-0.040
—
-0.005
UNCH
0.025
-0.060
—
677.4
314
865.2
519
63.9
370.5
125.2
86.2
34.5
294.5
687.9
540.5
815.9
18.3
3023.5
—
1315.4
66.2
6522
36.7
—
0.254
0.105
0.318
0.155
0.160
0.226
1.678
0.894
1.871
0.874
0.247
0.251
5.367
0.600
3.236
—
0.659
3.914
0.198
7.566
—
—
—
—
—
—
—
3.64
3.89
4.28
—
—
3.92
1.71
3.33
2.40
—
10.31
0.77
—
2.78
38.4
127.9
45.7
316.0
59.4
71.8
174.4
297.0
186.1
338.7
565.4
169.2
123.2
1,479.6
60.7
3,081.1
14.4
1,359.8
167.8
170.9
1,584.6
—
46.71
13.42
—
37.21
—
—
15.00
9.22
23.75
14.32
54.38
—
11.33
20.71
7.59
17.63
—
6.66
7.50
—
9.93
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
1.550 0.950 0.960
0.950
0.495 0.360 0.385
0.380
0.765 0.446 0.500
0.490
0.360 0.280 0.295
0.295
0.915 0.470 0.580
0.565
0.480 0.235 0.350
0.320
0.135 0.035 0.040
0.040
2.566 1.526 2.220
2.040
3.782 2.684 3.460
3.400
0.960 0.640 0.695
0.695
INFRASTRUCTURE PROJECT COMPANIES
6.189 4.712 5.070
4.920
5.330 3.601 5.000
4.970
1.950 1.010 1.030
1.010
0.575 0.335 0.410
0.395
8.000 5.026 7.480
7.310
1.600 1.400 1.480
1.460
CLOSED-END FUNDS
2.380 2.100 2.260
2.260
EXCHANGE TRADED FUNDS
1.079 1.035
—
—
1.890 1.550 1.680
1.680
1.575 1.015
—
—
1.890 1.580
—
—
1.010 0.900
—
—
1.015 0.850
—
—
1.175 0.990
—
—
1.075 0.940
—
—
REITS
1.123 0.875 1.030
1.010
1.490 1.243 1.450
1.440
1.112 0.881 1.000
0.970
0.899 0.705 0.745
0.740
0.890 0.746 0.890
0.875
1.116 0.974 1.080
1.080
1.756 1.490 1.520
1.490
1.500 1.206 1.500
1.460
1.520 1.348 1.520
1.510
1.540 1.199 1.540
1.490
7.300 6.800 7.170
7.030
1.150 0.954 1.150
1.140
1.800 1.310 1.780
1.770
1.640 1.401 1.610
1.590
1.220 1.045 1.200
1.190
1.640 1.397 1.620
1.600
1.100 0.935 1.100
1.090
SPAC
0.705 0.650 0.695
0.695
0.670 0.595 0.665
0.655
0.475 0.415 0.465
0.460
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
5011
0083
9008
0041
7160
9075
0118
5005
0097
0008
MSNIAGA
NOTION
OMESTI
PANPAGE
PENTA
THETA
TRIVE
UNISEM
VITROX
WILLOW
0.955
0.380
0.500
0.295
0.575
0.335
0.040
2.110
3.430
0.695
UNCH
-0.005
0.010
UNCH
-0.005
-0.020
-0.005
-0.100
-0.030
0.005
50.2
224.3
137.1
270
388.6
142
1015.5
2282.1
617.7
16.1
0.954
0.382
0.492
0.295
0.570
0.334
0.040
2.100
3.428
0.695
—
—
—
—
6.15
—
—
9.67
18.02
10.18
—
—
—
—
—
—
—
3.79
0.58
2.88
57.7
102.8
194.6
71.2
78.9
35.9
43.9
1,548.4
801.6
172.4
6947
6645
6807
5078
5031
6742
DIGI
LITRAK
PUNCAK
SILKHLD
TIMECOM
YTLPOWR
4.920
5.000
1.020
0.395
7.410
1.470
-0.100
UNCH
-0.010
0.005
0.010
-0.010
4388.5
3.9
613.1
456.1
120.5
1876.6
4.976
4.997
1.018
0.398
7.367
1.473
22.21
17.04
—
—
9.11
11.59
4.47
5.00
—
—
0.90
6.80
38,253.0
2,610.8
458.3
277.1
4,265.2
11,909.3
5108
ICAP
2.260
-0.010
20.1
2.260
—
—
316.4
0800EA
0822EA
0823EA
0820EA
0826EA
0825EA
0821EA
0824EA
ABFMY1
CIMBA40
CIMBC50
FBMKLCI-EA
METFAPA
METFSID
MYETFDJ
MYETFID
1.074
1.680
1.120
1.705
0.960
0.883
1.115
1.015
—
0.060
—
—
—
—
—
—
—
1
—
—
—
—
—
—
—
1.680
—
—
—
—
—
—
—
—
—
—
—
—
—
—
5.29
3.73
—
1.47
—
2.43
2.13
3.10
1,359.1
2.3
13.8
2.9
18.2
17.7
280.4
21.9
4952
5116
5269
5120
5127
5130
5106
5180
5121
5227
5235SS
5123
5212
5176
5111
5110
5109
AHP
ALAQAR
ALSREIT
AMFIRST
ARREIT
ATRIUM
AXREIT
CMMT
HEKTAR
IGBREIT
KLCC
MQREIT
PAVREIT
SUNREIT
TWRREIT
UOAREIT
YTLREIT
1.010
1.450
0.980
0.740
0.890
1.080
1.520
1.470
1.510
1.530
7.040
1.150
1.780
1.600
1.200
1.600
1.090
-0.010
UNCH
0.005
UNCH
UNCH
-0.010
0.020
-0.020
0.010
-0.010
UNCH
0.010
UNCH
UNCH
0.010
-0.010
UNCH
102.4
702.2
622
80.6
108
100
741.5
1627.1
31.1
1443.8
1376.7
221.6
613.6
1673.8
28.9
11
793.3
1.020
8.21
1.449 15.09
0.981
—
0.740 17.49
0.875
8.55
1.080
8.52
1.500 17.29
1.474 12.18
1.512 126.89
1.514 20.84
7.044 11.23
1.145 10.94
1.775 19.02
1.601
8.52
1.194 13.04
1.606
6.13
1.090 85.83
6.93
5.31
1.22
6.04
7.04
7.64
5.53
5.85
6.95
5.27
4.92
3.62
4.62
5.54
5.78
6.89
7.02
101.0
1,055.9
568.4
507.9
510.2
131.5
1,671.7
2,976.5
605.0
5,320.8
12,709.5
760.6
5,375.3
4,708.3
336.6
676.6
1,443.6
CLIQ
REACH
SONA
0.695
0.665
0.460
UNCH
0.005
-0.005
1929.2
4747.4
834.7
0.675
0.000
0.440
—
—
—
—
—
—
438.5
849.8
648.9
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
5052.2
2713
532.7
680
0.349
—
0.125 26.04
0.255 127.50
0.055
1.62
—
—
1.80
1.82
175.0
75.6
122.1
129.2
5234
5256
5241
Ace Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.480 0.225 0.355
0.345 0.095 0.125
0.429 0.240 0.260
0.129 0.050 0.060
INDUSTRIAL PRODUCTS
0.345 0.190 0.195
0.150 0.060 0.090
0.610 0.460 0.490
0.320 0.110 0.130
0.605 0.255 0.465
0.070 0.040 0.050
0.880 0.355 0.370
0.165 0.070 0.075
0.435 0.110 0.155
0.165 0.085 0.095
0.245 0.120 0.140
0.180 0.065 0.075
0.500 0.293 0.395
0.180 0.105 0.125
0.105 0.045 0.050
0.170 0.085 0.115
0.250 0.120 0.150
0.415 0.125 0.125
0.270 0.165 0.185
TECHNOLOGY
0.615 0.355 0.410
0.270 0.110 0.115
1.600 0.300 0.380
0.015 0.005
—
1.310 0.815 0.880
0.730 0.165 0.685
0.105 0.005
—
0.150 0.050 0.065
0.130 0.050 0.060
0.150 0.060 0.090
0.430 0.190 0.295
0.095 0.045 0.075
0.315 0.125 0.135
0.070 0.035 0.040
0.160 0.085 0.090
0.155 0.065 0.070
1.854 0.460 0.720
0.150 0.050 0.050
0.345 0.165 0.175
0.860 0.526 0.680
0.565 0.145 0.455
0.670 0.180 0.275
0.080 0.040
—
0.415 0.100 0.210
0.215 0.105
—
0.160 0.050
—
0.970 0.460
—
1.950 0.510 1.770
0.600 0.287 0.515
0.115 0.060
—
0.095 0.055 0.060
0.877 0.460 0.465
0.380 0.175
—
0.365 0.180 0.225
0.265 0.075 0.120
1.070 0.606 0.890
0.090 0.025 0.040
0.135 0.050 0.060
0.250 0.085 0.090
0.250 0.100 0.230
1.307 0.536 0.730
0.339 0.275 0.285
0.060 0.030 0.040
0.430 0.150 0.190
0.180 0.070 0.085
0.728 0.313 0.550
0.165 0.030
—
0.644 0.307 0.380
0.160 0.070 0.075
0.565 0.170 0.210
0.175 0.065 0.095
0.450 0.243 0.360
0.200 0.090
—
0.397 0.151 0.175
0.160 0.100 0.115
0.425 0.140 0.200
0.340 0.075 0.285
0.460 0.065 0.065
0.425 0.035 0.045
0.355 0.110 0.120
0.563 0.451 0.525
TRADING SERVICES
0.280 0.150
—
0.200 0.095
—
0.120 0.045 0.045
0.320 0.196
—
0.320 0.205 0.210
0.600 0.350 0.445
0.760 0.300 0.635
0.475 0.260 0.355
0.250 0.160 0.175
0.240 0.140 0.160
0.260 0.120 0.180
0.400 0.280 0.300
0.317 0.168 0.245
0.045 0.005 0.005
0.290 0.130 0.245
0.900 0.500 0.540
0.970 0.480
—
2.670 1.423 1.820
0.303 0.195 0.215
0.470 0.325 0.470
0.055 0.030 0.035
1.490 0.450 1.050
0.235 0.100
—
0.705 0.110 0.175
FINANCE
0.570 0.390 0.440
DAY
LOW
CODE
COUNTER
0.345
0.120
0.250
0.055
0179
0170
0148
0095
BIOHLDG
KANGER
SUNZEN
XINGHE
0.350
0.125
0.255
0.055
0.005
-0.005
Unch
Unch
0.190
0.080
0.460
0.120
0.455
0.040
0.355
0.075
0.150
0.090
0.140
0.075
0.380
0.120
0.045
0.105
0.135
0.125
0.180
0105
0072
0163
0102
0100
0109
0175
0160
0162
0024
0025
0070
0049
0038
0133
0001
0028
0055
0084
ASIAPLY
AT
CAREPLS
CONNECT
ESCERAM
FLONIC
HHGROUP
HHHCORP
IJACOBS
JAG
LNGRES
MQTECH
OCNCASH
PTB
SANICHI
SCOMNET
SCOPE
SERSOL
TECFAST
0.190
0.085
0.465
0.125
0.465
0.045
0.370
0.075
0.155
0.090
0.140
0.075
0.390
0.125
0.045
0.105
0.150
0.125
0.185
-0.010
668.1
-0.005 1989.9
-0.005
659.5
0.005 4291.8
0.005 1085.9
-0.005 15775.5
Unch
966
Unch
170
0.010
313.1
-0.005 1691.9
-0.005
175
Unch
259.5
-0.010 1074.7
0.005
421
-0.005 1871.8
-0.005
525.1
0.020
9
Unch
348
0.005
248.1
0.195
0.084
0.467
0.124
0.459
0.046
0.362
0.075
0.152
0.092
0.140
0.075
0.387
0.120
0.045
0.111
0.149
0.125
0.181
26.76
—
33.45
16.89
13.96
—
8.30
—
—
—
—
—
9.77
13.74
12.86
21.00
—
—
17.79
1.63
—
0.37
—
—
—
0.89
—
—
5.56
—
—
1.79
—
—
—
—
—
—
50.1
36.8
176.7
27.1
95.6
36.0
114.2
25.0
21.0
102.9
33.9
20.9
87.0
18.8
51.5
25.5
83.3
26.9
31.7
0.405
0.110
0.330
—
0.855
0.655
—
0.055
0.055
0.090
0.285
0.065
0.125
0.040
0.085
0.070
0.700
0.050
0.170
0.650
0.450
0.265
—
0.195
—
—
—
1.600
0.510
—
0.060
0.460
—
0.220
0.110
0.890
0.040
0.055
0.085
0.215
0.700
0.280
0.040
0.180
0.080
0.530
—
0.370
0.070
0.200
0.090
0.345
—
0.170
0.115
0.195
0.265
0.065
0.035
0.115
0.525
0181
0119
0068
0039
0098
0079
0022
0152
0131
0154
0107
0116
0104
0045
0074
0174
0023
0094
0010
0146
0127
0111
0036
0176
0017
0075
0155
0126
0112
0085
0034
0113
0103
0156
0092
0108
0020
0096
0026
0018
0035
0040
0005
0123
0007
0106
0135
0178
0060
0117
0169
0093
0129
0050
0132
0120
0069
0066
0141
0086
0009
AEMULUS
APPASIA
ASDION
ASIAEP
BAHVEST
CWORKS
CYBERT
DGB
DGSB
EAH
EDUSPEC
FOCUS
GENETEC
GNB
GOCEAN
IDMENSN
IFCAMSC
INIX
IRIS
JFTECH
JHM
K1
KGROUP
KRONO
M3TECH
MEXTER
MGRC
MICROLN
MIKROMB
MLAB
MMAG
MMSV
MNC
MPAY
MTOUCHE
N2N
NETX
NEXGRAM
NOVAMSC
OMEDIA
OPCOM
OPENSYS
PALETTE
PRIVA
PUC
REXIT
SCN
SEDANIA
SKH
SMRT
SMTRACK
SOLUTN
SRIDGE
SYSTECH
TDEX
VIS
VIVOCOM
VSOLAR
WINTONI
YGL
YTLE
0.410
0.115
0.355
0.010
0.880
0.670
0.005
0.065
0.055
0.090
0.290
0.075
0.130
0.040
0.085
0.070
0.705
0.050
0.170
0.670
0.450
0.270
0.055
0.200
0.105
0.055
0.630
1.700
0.510
0.065
0.060
0.460
0.220
0.220
0.110
0.890
0.040
0.060
0.085
0.220
0.705
0.285
0.040
0.190
0.080
0.540
0.035
0.375
0.070
0.200
0.090
0.355
0.110
0.175
0.115
0.195
0.270
0.065
0.040
0.115
0.525
-0.005
-0.005
-0.025
—
0.005
-0.020
—
0.005
-0.005
Unch
Unch
Unch
Unch
Unch
-0.005
Unch
-0.010
Unch
Unch
0.010
-0.010
-0.005
—
-0.010
—
—
—
-0.080
Unch
—
Unch
Unch
—
-0.005
-0.015
0.005
Unch
-0.005
-0.005
Unch
Unch
Unch
Unch
Unch
Unch
0.010
—
-0.020
-0.010
0.005
-0.005
0.005
—
-0.005
Unch
Unch
-0.010
-0.005
Unch
-0.005
-0.010
434.3
30.6
195.7
—
31.1
2474.8
—
19116.1
577.9
7737
430
1732.4
13169.6
670.1
969.4
85
5889.9
232.2
4044.6
61.5
152.5
1602.7
—
1697.5
—
—
—
528.1
200.7
—
581
487.9
—
569
1970
4
600
7758.2
866.2
333
284.3
1156.8
347
974.1
1777
168.6
—
333.7
20913.5
243
2245
955
—
82
37
243.7
24927.1
217
6576.9
105
67.7
0.406 16.02
0.113
—
0.348 19.83
—
—
0.879 244.44
0.674
—
—
0.22
0.060
—
0.059 28.95
0.090
—
0.289 24.58
0.075
—
0.129
4.11
0.040
3.25
0.085 121.43
0.070
—
0.710 12.24
0.050 17.86
0.171
—
0.659 20.49
0.450 11.69
0.267 10.59
—
—
0.200 20.62
—
—
—
—
— 14.69
1.666 23.45
0.512 16.72
—
—
0.060
—
0.465
8.21
— 25.29
0.223
—
0.116
—
0.890 47.09
0.040
—
0.060 12.50
0.090 121.43
0.222
—
0.704 12.94
0.280 11.83
0.040
—
0.184 18.81
0.080 15.09
0.541 15.70
—
—
0.375 17.05
0.074
—
0.200
—
0.091
—
0.353 12.28
—
—
0.174 27.34
0.115
—
0.195
—
0.274 64.29
0.065
—
0.040
—
0.118
—
0.525 20.35
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.42
—
—
1.49
—
1.85
—
—
—
—
—
1.76
2.16
—
—
4.35
—
—
—
2.25
—
—
—
—
2.84
3.09
—
1.32
—
3.70
—
—
—
—
—
2.82
—
3.43
—
—
—
—
—
—
7.62
179.9
32.3
41.3
8.1
379.5
81.1
0.5
31.8
74.6
134.2
245.5
53.2
45.7
11.6
22.4
34.6
428.8
20.9
347.3
84.4
55.4
127.6
35.1
47.4
20.7
10.8
59.3
258.7
155.9
12.1
57.2
75.0
20.8
156.3
25.5
413.6
25.0
113.0
46.8
140.9
113.7
84.9
11.6
106.1
85.8
102.2
7.0
75.0
38.8
57.1
25.5
70.9
13.3
55.5
43.2
21.6
668.3
19.7
20.5
22.3
708.8
—
—
0.045
—
0.210
0.435
0.580
0.345
0.165
0.160
0.175
0.300
0.235
0.005
0.235
0.530
—
1.820
0.215
0.455
0.035
1.000
—
0.145
0122
0048
0150
0011
0157
0081
0147
0180
0167
0153
0177
0006
0171
0110
0080
0032
0173
0158
0161
0137
0140
0089
0145
0165
AIM
ANCOMLB
ASIABIO
BTECH
FOCUSP
IDEAL
INNITY
KTC
MCLEAN
OVERSEA
PASUKGB
PINEAPP
PLABS
RA
RAYA
REDTONE
REV
SCC
SCH
STEMLFE
STERPRO
TEXCYCL
TFP
XOX
0.200
0.100
0.045
0.235
0.210
0.435
0.600
0.350
0.165
0.160
0.180
0.300
0.240
0.005
0.235
0.535
0.520
1.820
0.215
0.470
0.035
1.000
0.125
0.150
—
—
Unch
—
-0.015
-0.010
-0.100
Unch
-0.010
Unch
Unch
Unch
Unch
Unch
-0.015
-0.005
—
-0.080
-0.005
Unch
Unch
-0.060
—
-0.020
—
—
489.1
—
30.5
365
82.1
1762.1
403.6
20
120.8
3
874.4
1620.1
240
444.3
—
10
198.6
34.6
775.6
102.3
—
113427
—
—
0.045
—
0.210
0.442
0.603
0.349
0.168
0.160
0.179
0.300
0.242
0.005
0.240
0.539
—
1.820
0.215
0.465
0.035
1.028
—
0.161
48.78
—
—
15.06
38.89
14.55
42.86
21.21
—
—
—
—
10.76
—
—
56.91
31.90
12.77
27.56
—
—
30.21
—
13.04
—
—
—
2.68
4.76
—
—
—
—
1.88
—
—
2.92
—
—
0.37
—
2.75
6.98
6.38
—
0.50
—
—
53.2
47.3
39.0
59.2
34.7
81.4
83.0
178.9
29.5
39.2
53.1
14.6
49.6
4.8
33.7
405.1
70.0
77.8
88.6
116.3
34.6
170.8
25.6
83.5
0.440
0053
OSKVI
0.440
-0.040
2.9
0.440
—
4.55
86.9
28 Markets
WE
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S
Bursa Malaysia Equity Derivatives
Main Market & Ace Market Warrants
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
0.190
0.335
0.130
0.150
0.475
0.585
0.185
0.145
0.130
0.040
0.105
0.125
0.095
0.100
0.125
0.130
0.155
0.135
0.055
0.160
0.185
0.080
0.170
0.210
0.485
0.310
0.105
0.220
0.193
0.105
0.130
0.330
0.145
1.330
0.285
0.510
0.240
0.265
0.135
0.090
0.190
0.120
0.225
0.765
0.200
0.155
0.265
0.040
0.475
0.120
0.105
0.085
0.420
0.065
0.105
0.110
0.125
0.250
0.115
0.105
0.155
0.110
0.095
0.430
0.090
0.090
0.215
0.120
0.200
0.850
0.325
0.515
0.815
0.065
0.625
0.860
0.215
0.285
0.205
0.320
0.190
0.205
0.660
0.120
0.195
0.045
0.405
0.705
0.180
0.130
0.710
0.900
0.265
0.365
0.190
0.395
0.545
0.130
0.635
0.345
0.530
0.595
0.640
0.625
0.675
0.210
0.210
0.250
0.040
0.040
2.950
0.140
0.390
0.250
0.305
0.150
0.035
0.170
0.060
0.015
0.090
0.320
0.085
0.060
0.060
0.010
0.005
0.040
0.020
0.030
0.060
0.020
0.050
0.045
0.015
0.100
0.100
0.030
0.015
0.080
0.225
0.090
0.050
0.095
0.060
0.065
0.010
0.060
0.025
0.410
0.097
0.255
0.075
0.095
0.070
0.005
0.025
0.045
0.035
0.015
0.050
0.045
0.140
0.010
0.255
0.045
0.045
0.065
0.215
0.015
0.030
0.005
0.075
0.055
0.030
0.015
0.040
0.050
0.030
0.110
0.020
0.025
0.080
0.010
0.090
0.305
0.120
0.170
0.390
0.020
0.300
0.145
0.060
0.085
0.110
0.130
0.050
0.020
0.280
0.030
0.045
0.015
0.035
0.100
0.020
0.020
0.350
0.505
0.100
0.220
0.055
0.235
0.355
0.070
0.045
0.035
0.080
0.085
0.075
0.085
0.060
0.025
0.010
0.095
0.005
0.015
1.500
0.005
0.185
0.080
0.065
0.090
0.190
0.175
0.100
0.085
0.435
0.540
0.160
0.130
0.115
0.010
0.070
0.070
0.035
0.035
0.065
0.030
0.060
0.045
0.015
0.105
0.105
0.040
0.025
0.150
0.280
0.125
0.095
0.150
0.060
0.080
0.015
0.115
0.045
1.090
0.165
0.340
0.075
0.105
0.105
0.005
0.030
0.045
0.035
0.020
0.080
0.155
0.155
0.015
0.380
0.050
0.045
0.070
0.245
0.040
0.065
0.010
0.075
0.095
0.040
0.015
0.070
0.075
0.040
0.185
0.050
0.045
0.135
0.020
0.095
0.375
0.180
0.425
0.590
0.045
0.385
0.515
0.160
0.200
0.145
0.260
0.120
0.040
0.350
0.045
0.085
0.020
0.055
0.105
0.025
0.030
0.375
0.540
0.115
0.230
0.065
0.260
0.390
0.075
0.045
0.035
0.155
0.165
0.115
0.185
0.430
0.065
0.015
0.100
0.010
0.015
2.890
0.020
0.365
0.150
0.285
0.140
0.150
0.170
0.095
0.075
0.410
0.520
0.155
0.130
0.105
0.010
0.065
0.070
0.025
0.030
0.060
0.030
0.055
0.045
0.015
0.105
0.105
0.040
0.020
0.145
0.275
0.120
0.090
0.140
0.060
0.075
0.010
0.115
0.045
1.080
0.160
0.330
0.075
0.100
0.105
0.005
0.030
0.045
0.035
0.015
0.065
0.080
0.150
0.015
0.375
0.045
0.045
0.070
0.245
0.040
0.065
0.005
0.075
0.090
0.040
0.015
0.070
0.075
0.040
0.180
0.040
0.045
0.125
0.015
0.095
0.370
0.155
0.420
0.570
0.045
0.380
0.490
0.155
0.185
0.145
0.235
0.095
0.040
0.315
0.045
0.070
0.020
0.040
0.105
0.020
0.020
0.360
0.515
0.115
0.225
0.055
0.255
0.360
0.075
0.045
0.035
0.150
0.145
0.100
0.165
0.405
0.050
0.010
0.095
0.010
0.015
2.840
0.020
0.365
0.140
0.275
0.130
5238WA
7061WB
7315WB
509922
509924
509926
509927
509928
509931
0159WA
9342WA
9342WB
5194WA
521011
521013
5210C6
5210C8
5210C9
0150WA
0105WA
7099WB
0072WA
6888C4
7241WA
5258WA
6998WA
3395CZ
3395WB
7036WB
7036WC
2771CK
7188WB
1818C8
7174WA
0163WA
7076WA
5195WA
5195WB
102310
1023C7
2852CM
2852CN
2852CO
5071WA
0102WA
5141CW
7212WA
0152WA
7277WA
0029WA
0029WB
7114WA
7169WA
7198WA
7198WB
161916
161919
5216CD
5216CG
5216CH
5216CI
5216CL
3417CZ
3417WB
0154WB
0154WC
3557WC
8206CB
8206CC
8206WA
0107WA
0065WA
8907WC
7182WA
5056WA
7249WA
7047WB
9776WB
56011
65012
65022
65024
65026
0650C3
0650C4
65040
65019
65023
65025
65027
65029
65031
65037
65041
65043
65049
65051
65053
0650H6
0650H9
0650HN
0650HO
0650HV
0650HW
8605WB
5222C6
5222C7
9318WB
0109WA
0109WB
2291WA
318222
318225
318226
318227
318228
WARRANTS
AAX-WA
ABRIC-WB
AHB-WB
AIRASIAC22
AIRASIAC24
AIRASIAC26
AIRASIAC27
AIRASIAC28
AIRASIAC31
AMEDIA-WA
ANZO-WA
ANZO-WB
APFT-WA
ARMADA-C11
ARMADA-C13
ARMADA-C6
ARMADA-C8
ARMADA-C9
ASIABIO-WA
ASIAPLY-WA
ATTA-WB
AT-WA
AXIATA-C4
BHS-WA
BIMB-WA
BINTAI-WA
BJCORP-CZ
BJCORP-WB
BORNOIL-WB
BORNOIL-WC
BSTEAD-CK
BTM-WB
BURSA-C8
CAB-WA
CAREPLS-WA
CBIP-WA
CENSOF-WA
CENSOF-WB
CIMB-C10
CIMB-C7
CMSB-CM
CMSB-CN
CMSB-CO
COASTAL-WA
CONNECT-WA
DAYANG-CW
DESTINI-WA
DGB-WA
DIALOG-WA
DIGISTA-WA
DIGISTA-WB
DNONCE-WA
DOMINAN-WA
DPS-WA
DPS-WB
DRBHCOMC16
DRBHCOMC19
DSONIC-CD
DSONIC-CG
DSONIC-CH
DSONIC-CI
DSONIC-CL
E&O-CZ
E&O-WB
EAH-WB
EAH-WC
ECOFIRS-WC
ECOWLD-CB
ECOWLD-CC
ECOWLD-WA
EDUSPEC-WA
EFORCE-WA
EG-WC
EKA-WA
ENGTEX-WA
EWEIN-WA
FAJAR-WB
FARMBES-WB
FB-C11
FBMKLCI-C12
FBMKLCI-C22
FBMKLCI-C24
FBMKLCI-C26
FBMKLCI-C3
FBMKLCI-C4
FBMKLCI-C40
FBMKLCI-H19
FBMKLCI-H23
FBMKLCI-H25
FBMKLCI-H27
FBMKLCI-H29
FBMKLCI-H31
FBMKLCI-H37
FBMKLCI-H41
FBMKLCI-H43
FBMKLCI-H49
FBMKLCI-H51
FBMKLCI-H53
FBMKLCI-H6
FBMKLCI-H9
FBMKLCI-HN
FBMKLCI-HO
FBMKLCI-HV
FBMKLCI-HW
FFHB-WB
FGV-C6
FGV-C7
FITTERS-WB
FLONIC-WA
FLONIC-WB
GENP-WA
GENTINGC22
GENTINGC25
GENTINGC26
GENTINGC27
GENTINGC28
CLOSE
(RM)
0.155
0.175
0.100
0.080
0.435
0.525
0.160
0.130
0.110
0.010
0.070
0.070
0.035
0.030
0.060
0.030
0.055
0.045
0.015
0.105
0.105
0.040
0.020
0.145
0.275
0.125
0.095
0.140
0.060
0.075
0.010
0.115
0.045
1.080
0.165
0.330
0.075
0.105
0.105
0.005
0.030
0.045
0.035
0.020
0.080
0.155
0.150
0.015
0.380
0.045
0.045
0.070
0.245
0.040
0.065
0.010
0.075
0.095
0.040
0.015
0.070
0.075
0.040
0.185
0.045
0.045
0.135
0.020
0.095
0.370
0.155
0.420
0.590
0.045
0.380
0.490
0.155
0.200
0.145
0.240
0.095
0.040
0.315
0.045
0.070
0.020
0.055
0.105
0.025
0.030
0.375
0.540
0.115
0.230
0.065
0.260
0.390
0.075
0.045
0.035
0.155
0.165
0.115
0.185
0.425
0.050
0.010
0.095
0.010
0.015
2.860
0.020
0.365
0.140
0.285
0.130
+/(RM)
VOL PARENT
EXE
(‘000)
PRICE PRICE
-0.030 168144.7
0.005
101.3
Unch
78
-0.010
622.4
Unch
472
-0.020
758.8
-0.010
314
-0.015
15
Unch
915.2
-0.005
13.1
Unch
200.2
-0.015
150
0.005
1289.6
Unch
1510.5
Unch
2400
Unch
794.3
-0.005
2239
-0.005
30
-0.010
50
Unch
240
-0.005
45.8
Unch
534.9
Unch
100
-0.005
1175
Unch
413.5
Unch
400.3
Unch
685
-0.010
1893
-0.005
40
Unch
1384
-0.010
100
-0.005
22.9
-0.005
65
-0.010
98
Unch
606.5
-0.015
26.1
Unch
12.5
Unch
160.5
-0.010
120
Unch
178
Unch
200
-0.005
20
Unch
30
0.005
334.6
0.015
984.6
0.060
693.1
-0.010
588.3
Unch
1150
Unch
348.3
-0.005
40.1
-0.005
50
Unch
390
-0.005
146.6
Unch
130
Unch
1580
Unch
1025.2
-0.005
50
0.005
323
-0.010
10
-0.005
410
Unch
50
-0.005
40
-0.020
100
0.005
721.8
Unch
1101.2
Unch
100
0.015
1.2
Unch
108.2
-0.005
30
-0.005
202.2
-0.005
170.1
-0.005
49.4
-0.005
1067.5
Unch
6727.4
-0.010
179.8
-0.025
1377.9
-0.005
189.4
Unch
31.1
-0.015
100
-0.005
943.5
-0.015
545
-0.005
510
-0.040
41
-0.005
100
-0.015
515
-0.005
100
0.005
497.2
0.005
21
0.005
5633.1
0.005
1536.3
0.015
30
0.035
1617
Unch
907.2
0.010
56
0.010
1911.7
0.025
124
0.015
6987.5
0.005
780
-0.025
104
-0.025
59
0.010
115
0.015
305.7
0.010
2386.6
0.015
2947.4
Unch
556.9
-0.015
895
Unch
1390.9
-0.005
162.7
Unch
800
Unch
2652
0.030
125.3
-0.010
100
-0.025
20
-0.050
60
-0.015
32.3
-0.020
180
0.285 0.460
0.475 0.300
0.195 0.200
1.660 1.650
1.660 1.050
1.660 0.900
1.660 1.280
1.660 1.480
1.660 1.500
0.095 1.100
0.275 0.250
0.275 0.250
0.070 0.400
0.795 1.000
0.795 1.000
0.795 1.000
0.795 0.880
0.795 0.980
0.045 0.100
0.190 0.100
0.570 1.000
0.085 0.120
5.990 6.400
0.470 0.600
3.660 4.720
0.260 0.200
0.410 0.370
0.410 1.000
0.135 0.100
0.135 0.100
3.970 4.200
0.210 0.200
8.600 8.400
1.640 0.550
0.465 0.320
2.080 2.400
0.255 0.460
0.255 0.460
4.580 4.800
4.580 5.650
4.790 5.200
4.790 5.000
4.790 5.300
1.690 3.180
0.125 0.100
1.280 1.500
0.550 0.400
0.065 0.110
1.580 1.190
0.155 0.130
0.155 0.260
0.185 0.250
1.170 1.300
0.115 0.540
0.115 0.100
0.950 1.400
0.950 1.000
1.300 1.180
1.300 1.580
1.300 1.700
1.300 1.380
1.300 1.420
1.590 1.814
1.590 2.600
0.090 0.120
0.090 0.100
0.235 0.300
1.290 1.680
1.290 1.300
1.290 2.080
0.290 0.180
0.900 0.680
0.875 0.500
0.165 0.200
1.160 0.830
1.070 0.610
0.550 0.700
0.740 1.000
431.90 408.99
1,687 1,520
1,687 1,630
1,687 1,720
1,687 1,750
1,687 1,708
1,687 1,700
1,687 1,800
1,687 1,675
1,687 1,600
1,687 1,600
1,687 1,550
1,687 1,630
1,687 1,710
1,687 1,680
1,687 1,650
1,687 1,600
1,687 1,600
1,687 1,680
1,687 1,570
1,687 1,520
1,687 1,625
1,687 1,788
1,687 1,808
1,687 1,658
1,687 1,700
0.920 0.500
1.450 1.500
1.450 1.550
0.440 1.000
0.045 0.050
0.045 0.050
11.000 7.750
8.350 8.600
8.350 7.000
8.350 8.000
8.350 7.400
8.350 7.800
PR’M
(%)
115.79
0.00
53.85
9.04
2.56
1.66
6.02
12.65
12.23
1,069
16.36
16.36
521.43
33.33
40.88
33.33
27.99
37.42
155.56
7.89
93.86
88.24
7.85
58.51
36.48
25.00
13.41
178.05
18.52
29.63
6.80
50.00
0.81
-0.61
4.30
31.25
109.80
121.57
16.27
23.80
12.94
11.90
14.30
89.35
44.00
47.46
0.00
92.31
-0.63
12.90
96.77
72.97
32.05
404.35
43.48
49.47
13.16
9.04
33.85
35.73
25.00
32.31
21.47
75.16
83.33
61.11
85.11
34.11
15.50
89.92
15.52
22.22
24.57
48.48
4.31
2.80
55.45
62.16
11.48
0.02
0.51
3.56
8.35
4.98
3.49
7.47
0.54
-3.65
-4.17
-6.92
2.13
9.32
4.30
4.57
-2.51
-0.58
6.47
-3.87
-9.28
-2.89
12.42
15.00
3.74
8.03
0.54
13.79
9.59
148.86
33.33
44.44
-3.55
5.39
5.69
3.35
5.69
12.10
EXPIRY
DATE
08/06/2020
07/04/2016
28/08/2019
29/04/2016
31/05/2016
18/07/2016
28/10/2016
28/10/2016
15/08/2016
02/01/2018
19/11/2019
25/08/2023
13/07/2018
07/10/2016
30/09/2016
30/08/2016
28/11/2016
28/11/2016
19/04/2024
13/12/2020
09/05/2022
29/01/2019
29/07/2016
18/10/2020
04/12/2023
15/06/2020
31/10/2016
22/04/2022
28/02/2018
08/11/2025
29/04/2016
23/10/2024
29/04/2016
08/02/2020
09/08/2016
06/11/2019
18/07/2017
07/10/2019
10/08/2016
15/04/2016
08/06/2016
08/06/2016
31/03/2016
18/07/2016
17/09/2021
07/10/2016
03/10/2016
22/04/2018
10/02/2017
07/02/2017
04/04/2023
25/11/2020
10/09/2020
03/01/2018
15/01/2025
30/08/2016
30/11/2016
28/04/2016
28/10/2016
29/04/2016
30/08/2016
29/07/2016
08/06/2016
21/07/2019
24/02/2019
18/06/2019
10/09/2019
30/06/2016
28/07/2016
26/03/2022
24/12/2018
17/07/2019
03/11/2020
22/01/2019
25/10/2017
09/06/2017
24/09/2019
13/07/2018
29/09/2016
31/03/2016
29/04/2016
31/05/2016
31/05/2016
30/06/2016
29/07/2016
29/07/2016
17/03/2016
31/03/2016
29/04/2016
31/05/2016
31/05/2016
31/05/2016
30/06/2016
30/06/2016
29/07/2016
29/07/2016
29/07/2016
30/08/2016
31/03/2016
17/03/2016
31/03/2016
31/03/2016
30/06/2016
29/07/2016
30/03/2017
29/07/2016
31/03/2016
12/10/2019
16/06/2017
06/11/2019
17/06/2019
31/03/2016
18/07/2016
31/03/2016
31/05/2016
23/11/2016
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
2.170
0.160
0.265
0.055
0.060
0.700
0.315
6.200
0.860
0.165
0.120
1.510
0.200
0.970
0.370
2.140
1.060
1.380
1.730
0.840
1.210
0.535
0.835
1.240
0.925
1.310
1.650
0.735
1.070
1.500
0.010
0.064
0.140
0.435
0.325
0.270
2.320
0.040
0.425
0.115
0.210
0.215
0.155
0.095
0.180
0.935
0.370
0.185
0.065
0.510
0.265
0.240
0.165
3.000
0.945
0.350
0.120
0.595
0.205
0.240
0.585
0.235
0.270
0.745
0.640
0.700
0.360
0.060
0.050
0.380
0.220
0.175
0.085
0.350
0.070
0.080
0.585
1.230
0.105
0.255
0.315
0.055
0.430
0.140
0.190
0.780
0.470
1.270
0.200
0.590
0.205
0.530
0.240
0.465
0.570
0.360
0.180
0.235
0.100
0.655
0.040
0.065
0.095
0.125
0.240
0.195
0.130
0.470
0.115
0.260
0.280
0.085
0.580
0.310
0.185
0.120
0.450
2.300
1.110
0.055
0.530
0.065
0.125
0.025
0.005
0.145
0.235
2.170
0.120
0.045
0.040
0.625
0.025
0.370
0.215
0.155
0.015
0.060
0.200
0.130
0.280
0.305
0.490
0.780
0.650
0.795
1.190
0.500
0.820
1.140
0.005
0.004
0.045
0.170
0.145
0.105
0.813
0.015
0.150
0.015
0.010
0.005
0.045
0.035
0.035
0.120
0.105
0.090
0.050
0.030
0.105
0.080
0.110
0.620
0.350
0.075
0.005
0.260
0.065
0.090
0.130
0.020
0.005
0.470
0.260
0.300
0.215
0.025
0.005
0.130
0.100
0.015
0.085
0.135
0.005
0.040
0.045
0.290
0.050
0.120
0.150
0.010
0.155
0.005
0.065
0.280
0.235
0.500
0.115
0.060
0.005
0.020
0.075
0.120
0.155
0.160
0.085
0.125
0.045
0.230
0.015
0.025
0.020
0.050
0.155
0.100
0.050
0.255
0.015
0.175
0.130
0.015
0.120
0.075
0.110
0.005
0.235
0.705
0.695
0.020
1.340
0.160
0.150
0.030
0.005
0.655
0.275
5.950
0.200
0.050
0.070
1.010
0.040
0.460
0.255
0.340
0.035
0.100
0.350
0.205
0.530
0.495
0.790
1.190
0.865
0.850
1.280
0.555
0.820
1.200
0.005
0.005
0.080
0.245
0.165
0.115
1.700
0.020
0.180
0.085
0.010
0.010
0.050
0.045
0.035
0.275
0.170
0.090
0.050
0.240
0.120
0.095
0.115
2.400
0.740
0.080
0.020
0.550
0.090
0.125
0.360
0.025
0.015
0.510
0.320
0.480
0.290
0.030
0.005
0.155
0.125
0.015
0.085
0.165
0.020
0.075
0.050
0.455
0.065
0.160
0.200
0.010
0.160
0.010
0.070
0.525
0.360
0.680
0.160
0.110
0.015
0.200
0.150
0.340
0.310
0.230
0.110
0.135
0.065
0.500
0.025
0.025
0.045
0.050
0.160
0.135
0.120
0.295
0.015
0.205
0.200
0.025
0.135
0.205
0.130
0.040
0.450
1.590
0.750
0.030
1.280
0.160
0.150
0.025
0.005
0.655
0.275
5.850
0.120
0.045
0.040
0.905
0.040
0.410
0.255
0.260
0.025
0.085
0.300
0.180
0.425
0.460
0.735
1.160
0.845
0.825
1.230
0.545
0.820
1.190
0.005
0.005
0.080
0.240
0.150
0.105
1.650
0.020
0.175
0.085
0.010
0.005
0.045
0.040
0.035
0.230
0.150
0.090
0.050
0.195
0.120
0.080
0.110
2.290
0.735
0.080
0.010
0.530
0.080
0.120
0.335
0.025
0.005
0.505
0.320
0.440
0.270
0.030
0.005
0.155
0.115
0.015
0.085
0.165
0.020
0.065
0.045
0.410
0.060
0.160
0.165
0.010
0.160
0.010
0.070
0.520
0.355
0.680
0.160
0.105
0.015
0.195
0.145
0.325
0.310
0.215
0.090
0.135
0.045
0.500
0.025
0.025
0.040
0.050
0.155
0.135
0.100
0.290
0.015
0.205
0.200
0.025
0.130
0.205
0.130
0.030
0.400
1.480
0.715
0.025
3182WA
70010
1147WA
7096WA
7253WA
3034CN
3034CR
3034WA
5168CP
5168CR
5168CS
5095WB
5072WA
5169WA
7213WB
65114
65115
65116
65117
65119
65120
65121
65122
65123
65124
65125
65127
65129
65131
65133
7013WB
9601WC
5225CW
0166CJ
0166CM
0166CN
0166WB
0094WA
3379WB
1961C6
0010WA
0010WB
5175WA
0024WA
5161CR
7167WA
4383CE
4383CH
4383CI
5247CH
5247CK
5247CL
5247CM
7216WA
7161WA
3565WE
8303WA
5171WA
7164WA
7164WB
7017WB
7153CK
7153CL
5878WB
8494WA
5789WA
5789WB
5068WA
8583CZ
8583WB
8583WC
5264CG
5264CM
6181WB
6012CQ
115517
5983WA
1171WA
0167WB
5040WA
1694WB
0075WA
3662WB
5186CX
3816C3
9571WC
9571WD
6114WB
7595WA
3867CA
1651C5
1651C6
1651WA
0138CN
0138CO
0138CT
0138CU
0138CV
0138CW
0108WA
0096WB
0096WC
7139WA
0083WB
0172WA
7071WB
0018WA
5053WC
5657CP
5183C4
9997WB
5146WA
8311WC
5681CP
5681CQ
8869CL
8869CN
8869WC
7088WB
4634CV
WARRANTS
GENTING-WA
GLD-C10
GOB-WA
GPA-WA
HANDAL-WA
HAPSENG-CN
HAPSENG-CR
HAPSENG-WA
HARTA-CP
HARTA-CR
HARTA-CS
HEVEA-WB
HIAPTEK-WA
HOHUP-WA
HOVID-WB
HSI-C14
HSI-C15
HSI-C16
HSI-C17
HSI-C19
HSI-C20
HSI-C21
HSI-C22
HSI-C23
HSI-C24
HSI-H25
HSI-H27
HSI-H29
HSI-H31
HSI-H33
HUBLINE-WB
HWGB-WC
IHH-CW
INARI-CJ
INARI-CM
INARI-CN
INARI-WB
INIX-WA
INSAS-WB
IOICORP-C6
IRIS-WA
IRIS-WB
IVORY-WA
JAG-WA
JCY-CR
JOHOTIN-WA
JTIASA-CE
JTIASA-CH
JTIASA-CI
KAREX-CH
KAREX-CK
KAREX-CL
KAREX-CM
KAWAN-WA
KERJAYA-WA
KEURO-WE
KFM-WA
KIMLUN-WA
KNM-WA
KNM-WB
KOMARK-WB
KOSSAN-CK
KOSSAN-CL
KPJ-WB
LBICAP-WA
LBS-WA
LBS-WB
LUSTER-WA
MAHSING-CZ
MAHSING-WB
MAHSING-WC
MALAKOF-CG
MALAKOF-CM
MALTON-WB
MAXIS-CQ
MAYBANKC17
MBMR-WA
MBSB-WA
MCLEAN-WB
MEDAINC-WA
MENANG-WB
MEXTER-WA
MFLOUR-WB
MHB-CX
MISC-C3
MITRA-WC
MITRA-WD
MKH-WB
MLGLOBAL-WA
MPI-CA
MRCB-C5
MRCB-C6
MRCB-WA
MYEG-CN
MYEG-CO
MYEG-CT
MYEG-CU
MYEG-CV
MYEG-CW
N2N-WA
NEXGRAM-WB
NEXGRAM-WC
NICE-WA
NOTION-WB
OCK-WA
OCR-WB
OMEDIA-WA
OSK-WC
PARKSON-CP
PCHEM-C4
PENSONI-WB
PERWAJA-WA
PESONA-WC
PETDAG-CP
PETDAG-CQ
PMETAL-CL
PMETAL-CN
PMETAL-WC
POHUAT-WB
POS-CV
CLOSE
(RM)
+/(RM)
1.290
0.160
0.150
0.030
0.005
0.655
0.275
5.950
0.120
0.050
0.070
1.010
0.040
0.460
0.255
0.280
0.035
0.090
0.310
0.190
0.430
0.480
0.790
1.160
0.865
0.850
1.270
0.555
0.820
1.200
0.005
0.005
0.080
0.240
0.150
0.105
1.670
0.020
0.175
0.085
0.010
0.010
0.045
0.040
0.035
0.250
0.170
0.090
0.050
0.240
0.120
0.090
0.110
2.320
0.735
0.080
0.020
0.530
0.080
0.120
0.335
0.025
0.015
0.510
0.320
0.470
0.290
0.030
0.005
0.155
0.120
0.015
0.085
0.165
0.020
0.065
0.045
0.450
0.060
0.160
0.180
0.010
0.160
0.010
0.070
0.525
0.355
0.680
0.160
0.105
0.015
0.195
0.150
0.325
0.310
0.230
0.110
0.135
0.060
0.500
0.025
0.025
0.040
0.050
0.160
0.135
0.100
0.295
0.015
0.205
0.200
0.025
0.130
0.205
0.130
0.040
0.450
1.560
0.750
0.030
-0.040
0.035
Unch
-0.005
Unch
Unch
Unch
0.040
-0.080
-0.010
Unch
0.060
0.015
0.010
-0.005
-0.035
Unch
-0.020
-0.040
-0.015
-0.110
-0.035
-0.005
-0.080
-0.060
0.050
0.060
0.035
-0.050
0.060
Unch
-0.005
Unch
-0.010
-0.010
-0.010
-0.050
Unch
-0.005
-0.005
Unch
Unch
-0.005
-0.005
Unch
-0.030
0.005
-0.010
-0.005
0.020
Unch
-0.010
-0.035
-0.170
-0.005
-0.020
0.005
-0.005
-0.005
-0.005
-0.010
Unch
0.005
0.005
0.005
0.030
0.010
-0.005
Unch
-0.005
-0.005
-0.005
Unch
0.005
Unch
-0.010
-0.010
Unch
-0.005
0.020
0.005
Unch
Unch
0.005
Unch
-0.010
-0.010
0.030
-0.025
Unch
Unch
-0.015
Unch
Unch
0.010
0.015
0.015
0.010
0.005
Unch
Unch
Unch
-0.005
Unch
Unch
Unch
-0.015
Unch
-0.005
0.015
-0.010
Unch
Unch
0.005
0.005
0.010
0.050
0.060
0.030
0.005
VOL PARENT
EXE
(‘000)
PRICE PRICE
2421.7
10
130.5
18.9
240
2.2
3.1
10.2
21.6
64
670.2
559.3
72
1.2
32.7
7737
225.3
1849.4
11399.9
5405
1051.9
3.7
138
603
31.2
75
0.5
25
5
41
6475
15
20
378
1410
190
225.9
55
393.8
0.5
364.8
1306.1
150
205
8.2
809.3
280.8
100
100
215
220
352.2
48
96.8
27
175
77.3
499
1312.8
327.1
76.5
152
37.5
100.9
10
564.9
520.9
400
100
250.1
635
100
150
0.1
184.7
4613
315.6
132.6
108.2
0.5
325.9
100
27.3
79.7
110
19.2
307.3
11
5
59
50
235.5
2910.6
152
5
191.7
7112.7
30
12529.2
50
100
100
422
57.7
3388.3
245.5
684.9
76.6
30
30
85
307.2
432
6.6
1
1148.7
20.4
547.3
528
140
8.350
494.85
0.460
0.085
0.290
7.720
7.720
7.720
4.440
4.440
4.440
1.250
0.270
0.830
0.435
10,529
10,528
10,528
10,528
10,528
10,528
10,528
10,528
10,528
10,528
10,528
10,529
10,528
10,529
10,529
0.010
0.075
6.400
3.230
3.230
3.230
3.230
0.050
0.690
4.770
0.170
0.170
0.355
0.090
0.655
1.660
1.320
1.320
1.320
3.740
3.740
3.740
3.740
3.340
1.690
0.885
0.075
1.620
0.475
0.475
0.535
5.960
5.960
4.240
1.380
1.500
1.500
0.070
1.350
1.350
1.350
1.630
1.630
0.740
6.380
8.780
2.230
1.450
0.165
0.525
0.670
0.055
1.240
1.020
8.700
1.140
1.140
2.260
0.470
7.550
1.160
1.160
1.160
2.040
2.040
2.040
2.040
2.040
2.040
0.890
0.060
0.060
0.100
0.380
0.695
0.500
0.220
1.590
0.895
6.860
0.610
0.135
0.370
24.760
24.759
2.390
2.390
2.390
1.470
2.140
7.960
470.34
0.800
0.100
0.860
5.000
6.600
1.650
8.800
6.100
6.000
0.250
0.690
0.600
0.180
20,200
23,800
22,400
21,000
22,800
21,400
22,000
20,600
19,200
20,200
19,000
20,400
17,000
18,400
19,800
0.010
0.200
6.000
2.640
2.880
3.200
1.600
0.100
1.000
4.300
0.150
0.150
0.750
0.100
0.720
2.280
1.100
1.600
1.700
3.000
3.450
4.500
4.000
0.930
0.880
1.180
0.510
1.680
0.980
1.000
0.300
7.500
10.000
4.010
1.000
1.000
1.250
0.100
1.680
1.440
2.100
2.000
1.600
1.000
7.200
8.200
3.200
1.000
0.250
0.500
1.000
0.130
2.060
1.250
10.000
0.600
1.090
1.890
0.500
7.050
1.500
1.000
2.300
1.225
1.450
1.775
2.300
2.250
2.350
0.320
0.260
0.100
0.160
1.000
0.710
0.350
0.100
1.800
1.000
6.250
0.600
1.000
0.250
23.000
24.860
2.500
1.600
1.100
1.000
2.770
PR’M
(%)
10.78
6.69
106.52
52.94
198.28
-1.30
3.30
-1.55
109.01
45.27
47.75
0.80
170.37
27.71
0.00
94.24
126.34
113.53
102.10
118.17
106.93
113.06
102.41
92.27
99.26
87.73
104.60
66.20
81.76
98.31
50.00
173.33
1.25
5.51
7.74
12.07
1.24
140.00
70.29
0.84
-5.88
-5.88
123.94
55.56
20.61
52.41
9.09
34.85
45.83
1.60
11.50
29.95
21.66
-2.69
-4.44
42.37
606.67
36.42
123.16
135.79
18.69
30.03
68.79
6.60
-4.35
-2.00
2.67
85.71
25.04
18.15
64.44
23.62
13.80
57.43
14.11
0.80
45.52
0.00
87.88
25.71
76.12
154.55
79.03
24.51
19.77
-1.32
26.75
13.72
40.43
1.72
30.60
3.02
111.21
-0.12
-3.09
9.56
28.92
26.84
28.43
-7.87
375.00
108.33
100.00
176.32
25.18
-3.00
-9.09
31.76
14.25
3.06
31.15
659.26
2.70
2.83
8.81
12.97
4.60
11.30
19.05
32.24
EXPIRY
DATE
18/12/2018
29/09/2016
24/12/2019
03/06/2025
05/04/2016
30/08/2016
30/11/2016
09/08/2016
15/04/2016
28/10/2016
31/01/2017
28/02/2020
09/01/2017
21/12/2018
05/06/2018
30/03/2016
28/04/2016
28/04/2016
28/04/2016
29/06/2016
29/06/2016
28/07/2016
28/07/2016
28/07/2016
30/08/2016
28/07/2016
28/07/2016
30/08/2016
30/08/2016
30/08/2016
20/12/2020
22/09/2016
29/04/2016
18/07/2016
10/08/2016
31/05/2016
17/02/2020
16/11/2020
25/02/2020
31/03/2016
24/06/2016
20/04/2016
26/04/2017
14/08/2019
30/08/2016
21/11/2017
18/07/2016
30/09/2016
28/11/2016
31/03/2016
28/10/2016
29/07/2016
28/10/2016
28/07/2016
20/12/2017
26/08/2016
19/10/2016
12/03/2024
15/11/2017
21/04/2020
21/01/2020
18/07/2016
31/05/2016
23/01/2019
17/04/2018
11/06/2018
04/10/2020
03/06/2022
31/03/2016
16/03/2018
21/02/2020
30/06/2016
28/11/2016
29/06/2018
30/06/2016
18/07/2016
14/06/2017
31/05/2016
07/10/2020
13/08/2021
09/07/2019
17/09/2018
09/05/2017
29/04/2016
31/05/2016
04/07/2016
23/08/2020
29/12/2017
27/10/2019
11/03/2016
31/05/2016
08/06/2016
14/09/2018
30/08/2016
31/03/2016
30/09/2016
29/07/2016
28/10/2016
23/11/2016
06/04/2018
21/07/2023
15/01/2024
09/08/2017
02/05/2017
15/12/2020
02/09/2016
18/01/2019
22/07/2020
31/05/2016
31/05/2016
20/01/2024
28/02/2022
27/01/2020
30/06/2016
31/10/2016
08/06/2016
18/07/2016
22/08/2019
21/10/2020
31/10/2016
Sin
1.5
SIN
ket
the
po
2,7
to 3
ist
of
Mo
a re
rig
wa
Sin
on
eve
Ea
to s
sha
10
ed
que
(SG
ty i
sub
12
Th
to t
que
tra
M
Bu
Ma
Y
H
0
0
0
0
2
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
1
0
1
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Markets 2 9
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S
RY
ATE
018
016
019
025
016
016
016
016
016
016
017
020
017
018
018
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
020
016
016
016
016
016
020
020
020
016
016
016
017
019
016
017
016
016
016
016
016
016
016
016
017
016
016
024
017
020
020
016
016
019
018
018
020
022
016
018
020
016
016
018
016
016
017
016
020
021
019
018
017
016
016
016
020
017
019
016
016
016
018
016
016
016
016
016
016
018
023
024
017
017
020
016
019
020
016
016
024
022
020
016
016
016
016
019
020
016
Singapore stocks — STI ends
1.58% lower at 2,778.77 points
Japanese stocks — Nikkei
closes near one-week low
as strong yen drags down
SINGAPORE: The Singapore mar- exporters
ket finished weaker yesterday.
The Straits Times Index ended TOKYO: Japan’s benchmark Nikthe day 1.58% lower at 2,778.77 kei Average ended yesterday at
points, after trading between its lowest in nearly one week, as
2,773.19 and 2,826.75.
a stronger yen kept investors on
Starburst Holdings leapt 11.1% edge and hit the stocks of exto 30 Singapore cents. The special- porters.
ist in the design and engineering
The Nikkei Share Average
of firearms-training facilities on closed down 0.76% or 128.17
Monday proposed to undertake points at 16,783.15, its lowest
a renounceable non-underwritten closing level since March 2.
rights issue of up to 62.5 million
In particular, exporters took a hit,
warrants at an issue price of one with Toyota Motor Corp falling 1.6%,
Singapore cent for each warrant, Honda Motor Co dropping 2% and
on the basis of one warrant for Nissan Motor Co tumbling 3%.
every four existing ordinary shares.
As investors have become
Each warrant will carry the right risk averse, financials also lost
to subscribe for one new ordinary ground. Mitsubishi UFJ Financial
share at 25 Singapore cents.
Group shed 3.2%, Mizuho FinanEzra Holdings slipped 2.9% to cial Group declined 1.6% and No10 Singapore cents. The integrat- mura Holdings dropping 2.5%.
ed offshore solutions provider was
Japan’s fourth-quarter ecoqueried by the Singapore Exchange nomic data released before the
(SGX) over unusual trading activi- market open had a limited impact
ty in its shares. EMAS Offshore, a on the stock market, but it did not
subsidiary of Ezra Holdings stoop help sentiment, either.
12.6% to 13.2 Singapore cents.
The data showed the world’s
The provider of offshore services third-largest economy contractto the oil and gas industry was also ed less than initially estimated
queried by the SGX over unusual in the final quarter of 2015, but
trading activity in its shares.
private consumption remained
Fund (EDF) after a senior executive quit, and by weaker bank
stocks which were hit by some
broker price target cuts.
European stocks have rallied
after a rocky start to 2016, as oil
prices recovered and fears over a
US economic slowdown abated.
Nevertheless, the pan-European
FTSEurofirst 300 Index remains
down around 7% so far in 2016.
JP Morgan Cazenove reduced
its rating on equities to “underweight” for the first time since
2007, saying the recent market
rebound was set to peter out.
The FTSEurofirst, which
reached one-month highs last
Friday after three straight weeks
of gains, closed 0.3% lower. The
eurozone’s blue-chip Euro STOXX
50 Index fell 0.54% at 3,021.09
points.
EDF fell 6.7%, after finance director Thomas Piquemal resigned.
The French group did not say why
he quit but a source familiar with
the matter said it concerned EDF’s
European stocks — European
plan to build two nuclear reactors
shares slip as EDF and bank
in Hinkley Point, in Britain.
stocks fall
The £18 billion pound project
in south-west England was first
MILAN: European shares fell on announced in October 2013 but
Monday, led lower by a slump a final investment decision has
in utility European Development been repeatedly delayed.
Euro STOXX 50 Index
Nikkei 225
FT Straits Times
Index points
3600
3300
weak, underscoring the challenges facing premier Shinzo
Abe in restoring growth amid
intensifying overseas headwinds.
“While the economy is stagnant,
the Bank of Japan imposed a negative interest rate policy. There are
lots of concerns in the market, and
the government needs to come up
with a growth strategy and fiscal
policy to lift the economy and the
mood,” said Nobuhiko Kuramochi,
a strategist at Mizuho Securities.
Kuramochi said that the market
will likely continue taking cues from
the currency market and oil prices,
while investors will keep an eye on
the central banks’ policies ahead.
Suzuki Motor stumbled more
than 4% after the automaker said it
will issue ¥200 billion in zero-coupon convertible bonds while it will
cancel Volkswagen shares.
Bucking the weakness, SoftBank Group Corp rose as high as
3.8% after announcing a reorganisation plan.
Index points
3000
2700
2,778.77
Mar 1, 2010
17625
3415
14450
2930
3850
2445
2875
10,172.06
-128.17
(-0.76%)
DAY
HIGH
DAY
LOW
CODE
0.205
0.405
0.120
0.035
2.020
0.105
0.150
0.105
0.055
0.530
0.320
0.050
0.160
0.325
0.275
0.145
0.285
0.140
1.050
0.400
1.000
0.135
1.260
0.230
0.185
0.185
1.260
0.377
0.080
0.270
0.245
0.100
0.055
0.165
0.120
0.730
0.430
0.385
0.765
0.400
0.710
0.310
0.235
0.345
0.200
0.050
0.015
0.160
0.035
0.020
0.315
0.030
0.010
0.070
0.015
0.090
0.080
0.015
0.020
0.010
0.070
0.030
0.135
0.100
0.265
0.060
0.795
0.040
0.620
0.065
0.055
0.045
0.630
0.140
0.060
0.065
0.095
0.045
0.040
0.080
0.050
0.075
0.135
0.110
0.170
0.085
0.170
0.055
0.070
0.135
0.070
0.050
0.090
0.345
0.040
0.025
0.320
0.055
0.070
0.075
0.020
0.300
0.095
0.015
0.085
0.230
0.245
0.085
0.285
0.140
0.740
0.105
0.945
0.090
1.060
0.165
0.070
0.055
0.735
0.140
0.075
0.095
0.110
0.055
0.055
0.090
0.060
0.215
0.235
0.210
0.385
0.165
0.250
0.125
0.105
0.210
0.090
0.050
0.090
0.335
0.040
0.020
0.315
0.055
0.060
0.070
0.015
0.285
0.095
0.015
0.070
0.210
0.210
0.085
0.285
0.140
0.730
0.105
0.925
0.085
1.060
0.150
0.070
0.050
0.730
0.140
0.065
0.070
0.095
0.045
0.040
0.085
0.050
0.205
0.190
0.160
0.275
0.110
0.225
0.095
0.070
0.205
0.070
0.050
5204CB
7168WA
0007WA
0007WB
6807WB
5256WA
7232WA
5270WA
0133WC
7073WA
0055WA
0060WA
521815
521816
521817
521818
521820
521824
7155WA
0117WA
5242WA
5241WA
7103WA
7143WA
1201WA
1201WB
5211WA
0148WA
0148WB
710610
710611
710612
710613
710614
710615
7106C2
7106C3
7106C4
7106C5
7106C6
7106C7
7106C8
7106C9
7082WB
5012CF
5012CG
WARRANTS
PRESBHD-CB
PRG-WA
PUC-WA
PUC-WB
PUNCAK-WB
REACH-WA
RESINTC-WA
RSENA-WA
SANICHI-WC
SEACERA-WA
SERSOL-WA
SKH-WA
SKPETROC15
SKPETROC16
SKPETROC17
SKPETROC18
SKPETROC20
SKPETROC24
SKPRES-WA
SMRT-WA
SOLID-WA
SONA-WA
SPRITZER-WA
STONE-WA
SUMATEC-WA
SUMATEC-WB
SUNWAY-WA
SUNZEN-WA
SUNZEN-WB
SUPERMX-C10
SUPERMX-C11
SUPERMX-C12
SUPERMX-C13
SUPERMX-C14
SUPERMX-C15
SUPERMX-C2
SUPERMX-C3
SUPERMX-C4
SUPERMX-C5
SUPERMX-C6
SUPERMX-C7
SUPERMX-C8
SUPERMX-C9
SYF-WB
TAANN-CF
TAANN-CG
+4.05
(+0.14%)
4825
1960
Mar 1, 2010
Mar 8, 2016
Main Market & Ace Market Warrants
YEAR
LOW
-16.26
(-0.54%)
2,901.39
3,087.842
16,783.15
Bursa Malaysia Equity Derivatives
YEAR
HIGH
3,021.09
2,772.70
8100
Mar 8, 2016
Index points
5800
3900
11275
-44.74
(-1.58%)
2400
Shanghai Composite
Index points
20800
2,774.06
“This decision is clearly negative for the group, as it underscores the significant difference
in opinions within the group concerning this project which, if realised as it is, will put the group’s
financial situation under pressure,”
said Xavier Caroen, analyst at
Bryan Garnier.
Old Mutual rose 6.9% as the company said it was considering strategic
options following a Sky News report
that the financial services company
was plotting a £9 billion break-up.
However, banking shares lost
ground, with Goldman Sachs cutting
its price targets on Credit Agricole
and Societe Generale, while JPMorgan cut its price target on Barclays.
European banks may also be
adversely impacted if the European Central Bank pushes its deposit
rate deeper into negative territory
tomorrow in a bid to boost economic activity in the eurozone.
While such a move could encourage banks to lend out more, it
could also hit their profit margins.
“Bank lending rates continue to
come down, especially in the periphery, suggesting that banks are
not able to recoup margins through
raising lending rates,” said Elga
Bartsch, global co-head of economics at Morgan Stanley. — Agencies
CLOSE
(RM)
+/(RM)
0.090
0.335
0.040
0.025
0.315
0.055
0.070
0.075
0.020
0.290
0.095
0.015
0.075
0.220
0.210
0.085
0.285
0.140
0.730
0.105
0.940
0.085
1.060
0.150
0.070
0.050
0.730
0.140
0.075
0.095
0.110
0.055
0.055
0.090
0.060
0.215
0.235
0.210
0.380
0.165
0.250
0.125
0.100
0.205
0.075
0.050
0.005
Unch
Unch
0.005
-0.035
0.005
0.010
0.005
0.005
Unch
0.010
Unch
Unch
0.015
-0.015
0.010
0.015
0.005
-0.010
0.005
0.020
Unch
-0.080
-0.015
Unch
Unch
-0.020
-0.040
Unch
0.020
0.015
0.010
0.010
0.010
0.010
-0.005
0.040
0.035
0.075
0.055
0.030
0.020
0.020
-0.005
-0.015
-0.100
VOL PARENT
EXE
(‘000)
PRICE PRICE
150
560.1
79.8
201
23
2800.4
35
5487.4
800.1
240
30
250
832.8
1797
2098.2
300
20
10
206.4
54.9
11
12717.2
0.1
287.3
220.4
9858.6
38.8
0.2
2446.9
3791.3
330
730
805.2
181.1
100
905
5.5
228.2
5899.8
1632.6
706
3768.6
3077.6
532.6
744.6
30
2.850
1.040
0.080
0.080
1.020
0.665
0.450
0.385
0.045
0.965
0.125
0.070
2.120
2.120
2.120
2.120
2.120
2.120
1.300
0.200
1.400
0.460
2.260
0.335
0.120
0.120
3.010
0.255
0.255
2.720
2.720
2.720
2.720
2.720
2.720
2.720
2.720
2.720
2.720
2.720
2.720
2.720
2.720
0.555
4.480
4.480
2.500
0.750
0.100
0.100
1.000
0.750
0.500
0.500
0.100
1.000
0.180
0.100
2.200
1.800
1.700
2.000
1.600
2.100
0.550
0.180
0.500
0.350
1.180
0.300
0.320
0.175
2.250
0.100
0.250
3.170
3.300
4.000
4.000
3.700
3.100
2.100
2.000
2.200
2.100
2.200
2.200
3.000
3.300
0.700
5.500
5.800
PR’M
(%)
0.35
4.33
75.00
56.25
28.92
21.05
26.67
49.35
166.67
33.68
120.00
64.29
16.16
5.66
4.95
10.38
9.08
22.17
-1.54
42.50
2.86
-5.43
-0.88
34.33
225.00
87.50
-1.00
-5.88
27.45
30.51
37.50
59.19
57.17
50.92
26.10
-6.99
8.09
11.76
5.15
2.72
-0.74
28.68
37.87
63.06
31.14
37.28
EXPIRY
DATE
29/04/2016
06/07/2019
25/12/2024
15/02/2019
20/07/2018
12/08/2022
29/09/2016
01/12/2023
24/09/2019
16/05/2017
18/04/2023
16/01/2017
30/08/2016
31/05/2016
30/09/2016
08/06/2016
18/07/2016
30/08/2016
27/06/2017
01/08/2017
16/12/2020
30/07/2018
13/12/2016
21/06/2020
03/03/2021
13/11/2018
17/08/2016
14/04/2019
25/02/2021
31/10/2016
28/10/2016
31/01/2017
31/01/2017
04/10/2016
23/11/2016
11/03/2016
28/10/2016
28/10/2016
18/07/2016
29/04/2016
31/05/2016
25/08/2016
29/07/2016
11/11/2019
30/09/2016
28/11/2016
1900
Mar 1, 2010
Mar 7, 2016
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
1.300
0.090
0.525
0.270
1.200
2.550
0.025
0.390
0.245
0.680
0.080
0.075
1.050
1.500
0.915
0.470
0.465
0.885
0.400
0.135
0.095
0.155
0.405
0.250
0.070
0.100
0.380
0.295
0.150
0.095
0.060
0.160
0.225
0.140
0.225
0.320
0.175
0.150
0.120
0.515
0.290
0.280
0.385
1.300
0.060
0.135
0.065
0.100
0.500
0.270
0.480
0.045
0.360
0.140
0.360
0.600
0.015
0.150
0.105
0.300
0.035
0.035
0.060
0.130
0.160
0.115
0.135
0.200
0.085
0.025
0.005
0.040
0.195
0.155
0.005
0.005
0.020
0.040
0.045
0.005
0.010
0.040
0.020
0.011
0.022
0.080
0.060
0.045
0.020
0.290
0.100
0.130
0.015
0.600
0.015
0.030
0.045
0.025
0.330
0.110
0.740
0.060
0.430
0.195
0.405
1.950
0.020
0.315
0.180
0.450
0.040
0.035
0.075
0.780
0.400
0.205
0.170
0.230
0.100
0.035
0.015
0.060
0.310
0.190
0.020
0.005
0.125
0.070
0.055
0.005
0.010
0.080
0.030
0.125
0.185
0.300
0.070
0.050
0.030
0.305
0.185
0.180
0.025
0.620
0.015
0.035
0.060
0.025
0.355
0.120
0.740
0.060
0.430
0.195
0.405
1.830
0.015
0.315
0.170
0.430
0.035
0.035
0.060
0.740
0.390
0.190
0.135
0.200
0.085
0.030
0.015
0.055
0.280
0.190
0.015
0.005
0.125
0.055
0.045
0.005
0.010
0.065
0.020
0.105
0.165
0.300
0.060
0.050
0.020
0.290
0.185
0.170
0.025
0.610
0.015
0.035
0.045
0.025
0.355
0.110
5191WA
0132WA
534722
534725
7252WA
7034WA
7079WC
5031CK
0101WB
8397WC
7113C1
7113C2
7113C3
7113CU
7113CV
7113CW
7113CX
7113CY
7113CZ
5054WA
0118WA
5401CI
5401WA
5042WB
5230CF
514814
514818
514819
514820
514821
514825
5005CJ
0120WA
0069WB
0069WC
7240WA
6963CA
6963CB
6963CD
6963WA
9679WD
9679WE
0141WA
7245WA
0095WA
5155WA
0165WA
7020WB
6742WB
2283WA
WARRANTS
TAMBUN-WA
TDEX-WA
TENAGA-C22
TENAGA-C25
TEOSENG-WA
TGUAN-WA
TIGER-WC
TIMECOM-CK
TMCLIFE-WB
TNLOGIS-WC
TOPGLOV-C1
TOPGLOV-C2
TOPGLOV-C3
TOPGLOV-CU
TOPGLOV-CV
TOPGLOV-CW
TOPGLOV-CX
TOPGLOV-CY
TOPGLOV-CZ
TRC-WA
TRIVE-WA
TROP-CI
TROP-WA
TSRCAP-WB
TUNEPRO-CF
UEMS-C14
UEMS-C18
UEMS-C19
UEMS-C20
UEMS-C21
UEMS-C25
UNISEM-CJ
VIS-WA
VIVOCOM-WB
VIVOCOM-WC
VOIR-WA
VS-CA
VS-CB
VS-CD
VS-WA
WCT-WD
WCT-WE
WINTONI-WA
WZSATU-WA
XINGHE-WA
XINQUAN-WA
XOX-WA
YKGI-WB
YTLPOWR-WB
ZELAN-WA
Mar 1, 2010
CLOSE
(RM)
+/(RM)
0.740
0.060
0.430
0.195
0.405
1.890
0.015
0.315
0.180
0.450
0.040
0.035
0.075
0.780
0.400
0.195
0.160
0.225
0.085
0.035
0.015
0.055
0.280
0.190
0.020
0.005
0.125
0.055
0.050
0.005
0.010
0.070
0.025
0.110
0.170
0.300
0.065
0.050
0.025
0.305
0.185
0.175
0.025
0.620
0.015
0.035
0.050
0.025
0.355
0.115
-0.040
Unch
-0.010
Unch
-0.045
-0.110
-0.005
0.015
Unch
-0.010
Unch
-0.005
0.005
-0.090
-0.190
0.005
0.005
-0.005
-0.015
Unch
-0.010
-0.010
-0.035
Unch
-0.005
-0.005
0.005
-0.015
-0.010
Unch
Unch
-0.015
-0.005
-0.010
-0.010
0.020
-0.005
-0.005
-0.005
Unch
-0.005
-0.005
-0.005
0.015
Unch
Unch
-0.005
Unch
Unch
-0.005
Mar 8, 2016
VOL PARENT
EXE
(‘000)
PRICE PRICE
3
60
25
15
10
594.6
129.3
20
411.1
119
1130.8
30
974.1
300
20
219.2
5814.2
658.5
705.3
23.1
100
670
106
20
5790.9
790
145.9
1782.4
8221.8
60
1050
673.7
572
10168.3
3428.1
72
296.6
110
645.5
2758.1
75
1372.5
1546.5
2
762
100
47104.1
120
40
252.3
1.330 0.600
0.115 0.110
13.300 10.500
13.300 11.500
0.405 1.350
3.050 1.500
0.050 0.080
7.410 5.120
0.655 0.750
1.250 1.000
4.910 7.000
4.910 7.000
4.910 7.660
4.910 2.600
4.910 3.425
4.910 4.040
4.910 4.625
4.910 5.250
4.910 6.900
0.380 0.500
0.040 0.100
1.070 1.000
1.070 1.000
0.530 0.700
1.300 1.750
1.020 1.200
1.020 0.930
1.020 1.000
1.020 1.000
1.020 1.350
1.020 1.600
2.110 2.050
0.195 0.250
0.270 0.240
0.270 0.100
0.790 0.500
1.170 1.380
1.170 1.480
1.170 1.600
1.170 1.650
1.580 1.710
1.580 2.080
0.040 0.100
1.220 0.600
0.055 0.100
0.325 1.000
0.150 0.200
0.200 0.500
1.470 1.140
0.210 0.250
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
PR’M
(%)
0.75
47.83
1.58
1.13
333.33
11.15
90.00
-0.36
41.98
16.00
52.34
50.41
62.88
0.61
2.34
12.07
13.75
18.38
50.92
40.79
187.50
3.74
19.63
67.92
39.23
19.12
9.56
6.13
12.75
33.82
60.29
10.43
41.03
29.63
0.00
1.27
34.62
39.32
44.02
67.09
19.94
42.72
212.50
0.00
109.09
218.46
66.67
162.50
1.70
73.81
EXPIRY
DATE
30/05/2017
21/09/2018
30/09/2016
29/04/2016
29/01/2020
09/10/2019
11/02/2021
07/04/2016
21/06/2019
26/12/2018
31/01/2017
31/01/2017
15/08/2016
11/03/2016
15/04/2016
28/10/2016
10/08/2016
31/05/2016
28/10/2016
20/01/2017
06/01/2017
31/03/2016
06/12/2019
28/12/2020
08/06/2016
31/03/2016
30/08/2016
29/04/2016
18/07/2016
29/04/2016
31/05/2016
29/07/2016
01/09/2016
07/09/2018
22/01/2020
31/03/2024
28/10/2016
28/10/2016
29/07/2016
06/01/2019
11/12/2017
27/08/2020
23/02/2019
28/10/2024
22/03/2019
24/06/2019
10/02/2019
28/05/2020
11/06/2018
25/01/2019
30 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX
Trading themes
Insider moves (Filings on Mac 7, 2016)
Gulf currencies’ one year US dollar forward rates
Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the company’s outlook.
COMPANY
SHARES ACQUIRED
(DISPOSED)
AE MULTI
AIRASIA
AIRASIA
ANZO
ASDION
BARAKAH OFFSHORE PETROLEUM
BERJAYA AUTO
CAHYA MATA SARAWAK
CIMB GROUP
CIMB GROUP
(10,000,000)
2,602,700
(3,500,000)
300,000
24,815,300
732,600
111,600
144,500
1,162,800
1,695,900
CLASSIC SCENIC
DAYANG ENTERPRISE
(131,800)
429,700
DIALOG GROUP
DIGI.COM
ECONPILE
FARM’S BEST
FLONIC HI-TEC
FLONIC HI-TEC
GAMUDA
530,200
(3,150,000)
(5,000,000)
157,600
122,593,648
37,406,352
1,050,000
GAMUDA
276,550
GAMUDA
GOLDIS
IGB REAL ESTATE INVEST TRUST
(147,200)
(3,000,000)
(4,000,000)
IGB REAL ESTATE INVEST TRUST
IHH HEALTHCARE
IJM CORPORATION
1,000,000
3,000,000
1,200,000
IJM CORPORATION
INARI AMERTRON
INARI AMERTRON
(1,178,200)
127,200
(1,500,000)
IOI CORPORATION
IRE-TEX CORPORATION
KPJ HEALTHCARE
KUALA LUMPUR KEPONG
(1,650,000)
200,000
(2,609,100)
(9,311,900)
MALAKOFF CORPORATION
MALAKOFF CORPORATION
(788,100)
(3,873,500)
MALAYAN BANKING
MALAYSIA AIRPORTS
MY E.G. SERVICES
(7,131,300)
(1,410,000)
(5,372,200)
PAVILION REAL ESTATE INVEST TRUST
361,100
PUBLIC BANK
275,600
SAPURAKENCANA PETROLEUM
(3,022,000)
SIME DARBY
2,232,100
SIME DARBY
SONA PETROLEUM
(499,800)
287,100
SPRING GALLERY
372,000
SUNSURIA
SUNWAY REAL ESTATE INVEST TRUST
TA ANN
TANAH MAKMUR
TELEKOM MALAYSIA
TENAGA NASIONAL
TENAGA NASIONAL
220,000
1,168,900
(192,100)
(193,900)
(3,233,300)
3,182,000
(3,667,600)
TIME DOTCOM
UMW
UNITED PLANTATIONS
UZMA
(500,000)
(526,400)
(130,000)
259,600
UZMA
WAH SEONG CORPORATION
171,600
(500,000)
DIRECTOR/SUBSTANTIAL
SHAREHOLDER
555 CAPITAL S/B
EMPLOYEES PROVIDENT FUND BOARD
TUNE AIR S/B
DATUK CHAI WOON CHET
TEY POR CHEN
OH TEIK CHAY
MITSUBISHI UFJ FINANCIAL GROUP INC.
(JAPAN)
LIM CHEE KHOON
KUMPULAN WANG PERSARAAN
(DIPERBADANKAN)
THE CHENG ENG
FONG KIAH YEOW
TAKZIM EMPAYAR S/B
SC ESTATE WORLD S/B
AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
(DIPERBADANKAN)
LEMBAGA TABUNG HAJI
WANG TAK COMPANY LTD. HK
(DIPERBADANKAN)
AMANAHRAYA TRUSTEES
(DIPERBADANKAN)
SOO TEE WEI
AMANAHRAYA TRUSTEES
(DIPERBADANKAN)
(DIPERBADANKAN)
AMANAHRAYA TRUSTEES
PACIFIC ALLIANCE ASIA OPPORTUNITY
FUND L.P., CAYMAN ISLANDS
INNOFARM S/B
TER CAPITAL S/B
DATO’ SRI TENGKU UZIR TENGKU
DATO’ UBAIDILLAH
AMANAHRAYA TRUSTEES
(DIPERBADANKAN)
LEMBAGA TABUNG HAJI
SHARES HELD
AFTER CHANGE
TRANSACTION
DATE
172,911,100
525,042,082
59,400,000
24,815,300
9,611,717
73,990,820
99,122,127
1,426,782,921
832,235,030
3/3
1/3
1 TO 4/3
4/3
25/2
2 & 3/3
1/3
1/3
26 & 29/2
29/2
12,868,224
83,012,500
29/2 & 2/3
24 TO 26/2
636,059,404
1,010,659,540
175,000,005
21,729,405
122,593,648
90,048,452
151,201,800
1/3
29/2 & 1/3
4/3
3/3
1/3
1/3
29/2 & 1/3
147,969,750
24 & 26/2
129,197,600
70,410,542
224,417,000
29/2, 1 & 2/3
1 TO 3/3
24 TO 26/2
226,900,013
728,983,200
270,947,100
1/3
1/3
29/2
494,429,878
63,521,327
66,271,633
1/3
21/3
25 &26/2
509,170,259
9,562,000
125,333,895
65,259,000
1/3
1/3
1/3
1/3
861,009,933
340,055,334
1/3
24 TO 26/2
3,640,200,865
216,586,353
148,201,600
29/2, 1 & 2/3
1/3
25 & 26/2
189,951,903
580,759,168
868,288,100
2,599,291,522
1/3
1/3
1/3
2/3
794,641,309
130,297,100
1/3
29/2
17,833,900
107,517,332
356,826,800
28,818,582
51,716,958
26, 29/2,
1 TO 3/3
2 & 3/3
1/3
29/2 & 1/3
3/3
573,536,336
970,184,082
465,870,800
1/3
29/2 & 1/3
29/2 & 2/3
33,835,100
204,663,393
29,563,848
20,483,300
1/3
1/3
1/3
24/2
27,182,400
49,917,281
29/2 & 2/3
1/3
While every effort is made to ensure accuracy, the information presented is not an exhaustive list and is not an official record of shareholder
filings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the official filings filed with
Bursa Malaysia.
Note: * denotes Ace Market
Local events to watch out for today
• Ministry of Health, Malaysian Dental Association and Colgate — Palmolive launch
Oral Health Month 2016 at Empire Hotel
Subang, Subang Jaya, Selangor at 10.30am.
• Galeri Petronas launches Young Malaysian
Artists: New Object (ION) III to promote
the new generation of home-grown artists
at Galeri Petronas, Level 3, Suria KLCC,
Petronas Twin Towers, Kuala Lumpur at
3.30pm.
Stocks closest to year high
STOCK
YTLREIT
GLD-C10
ATURMJU
MQREIT
GAB
SUPERMX-C13
PMETAL-CN
TAANN-CG
DAYANG-CW
Stocks closest to year low
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
1.100
0.160
1.420
1.150
14.640
0.055
0.450
0.050
0.155
1.090
0.160
1.340
1.140
14.200
0.040
0.400
0.050
0.080
1.090
0.160
1.420
1.150
14.540
0.055
0.450
0.050
0.155
793.3
10
5318.6
221.6
332.4
805.2
20.4
30
693.1
This table shows stocks that are trading near their year high. This
could suggest a build-up in buying momentum, or the possibility that
profit-taking activities could set in later.
STOCK
BONIA
HOMERIZ
LATITUD
KAREX
TOPGLOV-CX
TOPGLOV-CY
TOPGLOV-C3
VS-WA
SUPERMX-C9
KAREX-CL
DSONIC-CH
POHUAT
TOPGLOV-CZ
CHINA50-HD
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
0.640
0.930
5.650
3.790
0.170
0.230
0.075
0.305
0.105
0.095
0.015
1.470
0.100
0.040
0.625
0.880
5.210
3.640
0.135
0.200
0.060
0.290
0.070
0.080
0.015
1.410
0.085
0.040
0.640
0.895
5.650
3.740
0.160
0.225
0.075
0.305
0.100
0.090
0.015
1.470
0.085
0.040
95.9
3352.6
166
1000.1
5814.2
658.5
974.1
2758.1
3077.6
352.2
410
1289
705.3
100
This table shows stocks that are trading near their year low. This
could suggest a build-up in selling momentum, or the possibility that
bargain hunting could set in later.
Foreign exchange rates
NZ
NZ $
EURO
EURO
0.613
1.632
US
SWISS
BRIT CANADA BRUNEI S’PORE
UAE
INA
INDIA
JAPAN NORWAY
PHIL
QATAR
SAUDI SWEDEN
0.901
0.935
0.935
0.908
2.7797
4.391
52.874
4.574
2.479
8,869
45.489
76.223
5.796
31.677
2.458
2.531
5.746
23.895
5.242
1.470
1.525
1.525
1.481
4.5356
7.165
86.273
7.463
4.045
14,472
74.224
124.372
9.457
51.687
4.011
4.129
9.375
38.990
8.553
7.765
1.005
STERLING £
2.106
1.291
1.421
1.414
CANADA $
1.110
0.680
0.749
0.745
0.527
BRUNEI $
1.070
0.656
0.722
0.718
0.508
0.964
SINGAPORE $
1.070
0.656
0.722
0.718
0.508
0.964
1.000
AUSTRALIA $
1.102
0.675
0.744
0.740
0.523
0.992
1.030
1.030
MALAYSIA RM
0.360
0.220
0.243
0.242
0.171
0.324
0.336
0.336
22.772
13.956
15.372
15.288
10.814
20.510
21.285
1.891
1.159
1.277
1.270
0.898
1.703
1.768
100 DANISH KRONER
21.864
13.400
14.759
14.679
10.383
19.692
100 UAE DIRHAM
40.338
24.722
27.229
27.081
19.156
1000 INA RUPIAH
0.113
0.069
0.076
0.076
0.054
100 INDIA RUPEE
2.198
1.347
1.484
1.476
1.044
0.995
0.704
1.334
1.385
1.385
1.344
4.1180
6.506
78.330
6.776
3.673
13,140
67.390
112.921
8.586
46.928
3.641
3.749
8.512
35.400
0.707
1.342
1.392
1.392
1.352
4.1404
6.541
78.756
6.813
3.693
13,211
67.757
113.535
8.633
47.184
3.661
3.769
8.558
35.592
7.808
1.897
1.968
1.968
1.911
5.8533
9.247
111.338
9.631
5.220
18,677
95.788
160.505
12.205
66.704
5.176
5.329
12.099
50.317
11.038
1.038
1.038
1.008
3.0863
4.876
58.706
5.078
2.752
9,848
50.506
84.630
6.435
35.171
2.729
2.810
6.379
26.531
5.820
1.000
0.971
2.9739
4.698
56.568
4.893
2.652
9,489
48.667
81.548
6.201
33.890
2.630
2.707
6.147
25.565
5.608
0.971
2.9737
4.698
56.564
4.893
2.652
9,489
48.664
81.543
6.200
33.888
2.630
2.707
6.147
25.563
5.608
3.0630
4.839
58.263
5.040
2.732
9,773
50.125
83.991
6.387
34.906
2.709
2.789
6.331
26.331
5.776
0.326
1.0000
1.580
19.021
1.645
0.892
3,191
16.365
27.421
2.085
11.396
0.884
0.910
2.067
8.596
1.886
21.287
20.666
63.3000
1,204
104.153
56.454
1,736
131.985
721.359
55.974
57.628
130.839
544.151
119.366
1.768
1.716
5.2572
8.305
8.650
4.689
16,775
86.033
144.160
10.962
59.911
4.649
4.786
10.867
45.193
9.914
20.436
20.438
19.842
60.7760
96.01
54.203
193,925
994.58
1,667
126.72
692.60
53.74
55.33
125.62
522.45
114.61
36.331
37.704
37.706
36.607 112.1276
177.14
2,133
184.49
1,835
3,075
233.79
1,278
99.15
102.08
231.76
963.89
211.44
0.102
0.105
0.105
0.102
0.3134
0.495
5.961
0.516
0.280
5.129
8.594
0.653
3.571
0.277
0.285
0.648
2.694
0.591
1.980
2.055
2.055
1.995
6.1107
9.654
116.234
10.054
5.450
167.563
12.741
69.637
5.403
5.563
12.631
52.530
11.523
1,156
201,978 1,035.888
357,778
19,498
1.312
0.804
0.886
0.881
0.623
1.182
1.226
1.226
1.191
3.6468
5.761
69.367
6.000
3.252
11,636
59.679
17.254
10.574
11.646
11.583
8.194
15.540
16.127
16.128
15.658
47.9600
75.766
912
78.913
42.773
153,031
784.853
1,315
7.604
2.865
41.559
3.225
3.320
7.538
31.349
6.877
546.546
42.409
43.662
99.132
412.283
90.439
3.157
1.935
2.131
2.119
1.499
2.843
2.951
2.951
8.7751
13.863
166.915
14.438
7.826
28,000
143.602
240.625
18.297
100 QATAR RIYAL
40.684
24.934
27.462
27.313
19.320
36.642
38.027
38.030
36.921 113.0884
178.655
2,151
186.074
100.857
360,844
1,851
3,101
235.797
100 SAUDI RIYAL
39.516
24.218
26.674
26.529
18.766
35.590
36.936
36.938
35.861 109.8426
173.527
2,089
180.734
97.962
350,487
1,798
3,012
229.030
1,252
97.130
100 SWEDISH KRONOR
17.405
10.667
11.748
11.685
8.265
15.676
16.268
16.269
15.795
48.3800
76.430
920.255
79.604
43.147
154,371
791.726
1,327
100.876
551.333
42.781
44.045
4.185
2.565
2.825
2.810
1.987
3.769
3.912
3.912
3.798
11.6328
18.377
221.272
19.140
10.375
37,118
190.368
318.987
24.255
132.566
10.286
10.590
24.045
19.078
11.692
12.878
12.808
9.060
17.182
17.832
17.833
17.313
53.0301
83.776 1,008.707
87.255
47.294
169,209
867.824
1,454
110.572
604.325
46.893
48.278
109.612
100 HK$
HK
0.775
0.908
100 THAI BAHT
THAI
0.475
0.913
100 PHILIPPINE PESO
DENM’K
1.095
1.481
100 NORWEGIAN KRONER
BANGL’H
0.671
1.490
100 JAPAN YEN
CHINA
1.101
US $
100 CHINESE RMB
M’SIA
0.675
SWISS FR
100 BANGLAD’H TAKA
AUST
7.760
1,289
7.989
18.138
75.434
16.547
102.955
233.750
972.151
213.253
944.249
207.133
415.893
91.231
227.041
21.936
455.867
Note: Run your finger down the left-hand side until you reach the country of origin you plan to exchange. Then move your finger until that line intersects with the vertical column of the currency you wish to buy. The figure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES
Money market
Index futures
Long Rolls - KLCI futures
FKLI
Index points
1980
Open Interest
1,684.50 90000
(-11.50)
Index points
-4.00
18.00
EURO
Klibor
Euro/USD
Implied interest rate (%)
1.58
1.1009
(+1.00)
4.5
3.72
(Unch)
(-0.0003)
1790
68000
4.75
1.44
1600
46000
-8.50
1.30
1410
24000
-21.75
1.16
3.5
2000
1220
Jan 4, 2010
Mar 8, 2016
1.02
-35.00
Jan 4, 2010
FBM KLCI futures end lower in
line with weaker cash market
Mar 8, 2016
FBM KLCI futures
INDEX AND FUTURES
CONTRACT
LAST
CHANGE
VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
The FBM KLCI futures contract on Bursa FBMKLCI 1,687.86 -10.07 166.6M
1,684.50 -11.50
7,146 39,581
-474
Malaysia Derivatives ended lower yester- MAR 16
1,680.50 -11.50
275
133
day, taking the cue from the underlying cash APR 16
JUN 16
1,665.50 -10.50
59
289
6
market. The benchmark FBM KLCI finished SEP 16
1,656.00
-7.00
13
52
3
10.07 points lower at 1,687.86.
TOTAL
7,493 39,922
-332
Spot month March 2016 and April 2016
BID
OFFER
CLOSE
fell 11.5 points each to 1,684.5 and 1,680.5 FUTURES ROLL OVER
-4.0
-5.0
-4.0
respectively; June 2016 was down 10.5 points MAR/APR
at 1,665.5 and September 2016 was seven FUTURES FAIR VALUE
CONTRACT
DAYS TO EXPIRY
KLIBOR DIVIDEND FAIR VALUE
points lower at 1,656.
24
3.61
5.83
-2.22
Turnover decreased to 7,493 lots from MAR 16
APR 16
53
8.15
12.55
-4.40
11,686 lots, while open interests narrowed ROLL’S FAIR
-2.17
to 39,922 contracts from 42,812 contracts.
Most Southeast Asian stock markets fell
yesterday as weak February trade data from
China triggered selling in Asia, sending recent outperformers such as Singapore and ahead of a public holiday today, while ViThai stocks more than 1% lower.
etnam shares edged down as energy stocks
Indonesia posted a second straight loss dropped on profit-taking. — Agencies
Commodities
CPO vs Soyoil
Open Interest
4200
200000
3450
1950
2,529
Jan 6, 2008
Mar 8, 2016
Yen and Swiss franc rise
on downbeat Chinese data
The safe-haven yen and Swiss franc rose
yesterday as downbeat Chinese trade data
fuelled concerns about the state of global
demand, weighing on appetite for riskier
assets and currencies.
China’s February exports slumped 25.4%
from a year earlier while imports dropped
13.8%.
The euro was pegged back, giving up
earlier gains against the US dollar, and
falling 0.5% against the yen. The outlook
for the single currency was considerably
clouded by tomorrow’s policy review by
the European Central Bank.
Both currencies tend to outperform
during times of financial market volatility
and economic uncertainty as investors in
both regions unwind investments abroad
and bring their savings home. — Reuters
1.5
Oct 1, 2000
Mar 8, 2016
Klibor
MONTH
SETTLEMENT
PRICE
MAR6
APR6
MAY6
JUN6
SEP6
DEC6
MAR7
JUN7
SEP7
DEC7
MAR8
JUN8
SEP8
DEC8
MAR9
JUN9
SEP9
DEC9
MAR0
JUN0
SEP0
DEC0
TOTAL
(-8)
Crude Oil
Gold
CPO RM/tonne
Soyoil US$/Ibs
US$/bbl
US$/troy oz
6400
2,827 0.7300
155.00
(RM0.312/tonne)
CHANGE
96.29
96.28
96.29
96.32
96.32
96.32
96.32
96.27
96.23
96.18
96.18
96.18
96.18
96.18
96.18
96.18
96.18
96.18
96.18
96.18
96.18
96.18
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
VOLUME
OPEN
INTEREST
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
120
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
1980
37.53
(-0.37)
5100
0.5475
121.25
105000
3800
0.3650
87.50
1340
57500
2500
0.1825
53.75
1020
152500
2700
1200
Jan 2, 2006
CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation.
CPO & Open Interest
CPO RM/tonne
2.5
Mar 8, 2016
Palm oil price erases gains,
chasing weak soyoil
1200
(-8)
Jan 6, 2008
Mar 8, 2016
0.0000
CPO futures
CONTRACT
MAR-16
APR-16
MAY-16
JUN-16
JUL-16
LAST
2,498
2,517
2,529
2,522
2,498
CHANGE
3
-4
-8
-1
6
VOLUME
7
134
13,482
2,582
2,526
OPEN CHANGE IN
INTEREST OPEN INTEREST
2,958
14,697
65,388
34,405
36,227
1,273.50
(+9.50)
2,529
10000
1660
-311
-1,174
-3,021
117
-974
Malaysian palm oil futures eased yesterday,
following losses in soyoil, though the downside was restricted by a drop in the ringgit and
CPO/SOYOIL
hopes that top-producing countries will now CPO FUTURES
FUTURES BASIS (USD)
use more tropical oil for biodiesel production. INDICATIVE ROLL-OVER CURRENT
-67.82
MAR/APR
-19
The palm oil contract for May delivery on MAR/MAY
3 MONTHS AVERAGE
-93.33
-31
the Bursa Malaysia Derivatives closed down MAR/JUN
6 MONTHS AVERAGE
-87.52
-24
0.35% at RM2,529 a tonne. Earlier in yester- APR/MAY
-12
day’s trading palm oil touched RM2,551, its SGS & ITS EXPORT ESTIMATES (TONNES)
SHIPMENT DAYS
DEC’2015
JAN’2016
FEB’2016
highest since Feb 29.
299/280
322/323
197/250
In competing vegetable oil markets, the 1 - 10TH DAYS
464/467
489/487
420/408
May soybean oil contract on the Dalian Com- 1- 15TH DAYS
DAYS
744/728
666/667
582/595
modity Exchange was little changed while 11 -- 20TH
25TH DAYS
1,015/1,010
931/925
781/788
the Chicago soyoil contract fell by 0.5%.
FULL MONTH
1,272/1,272
1,149/1,145
956/943
“It seems Malaysia and Indonesia are MALAYSIAN PALM OIL BOARD
OCT’2015
NOV’2015
DEC’2015
JAN’2016
determined to increase palm oil blending
2,037
1,653
1,399
1,130
in biodiesel. It will help in bringing down PRODUCTION
1,712
1,499
1,483
1,279
inventory in coming months,” a trader said. EXPORT
STOCKS
2,834
2,908
2,631
2,308
“The ringgit has started falling again. It should
MPOB Palm oil physical
limit the losses in palm oil,” he added.
MAR’2016
APR’2016
MAY’2016
The Malaysian currency lost 0.74% against (IN RM/TON)
DELD
2,465
2,495
2,525
the US dollar, making the tropical oil, which CPO
PK EX-MILL
2,095
2,088
2,085
is priced in the ringgit, cheaper for holders CPKO DELD
4,332
4,336
4,324
of other currencies.
RBD P.OIL FOB
2,526
2,546
2,567
The market is also receiving support from at- RBD P.OLEIN FOB
2,546
2,575
2,596
2,394
2,407
2,427
tempts by leading producers to raise the amount RBD P.STEARIN FOB
of palm oil used in biodiesel, traders said.
MPOB FFB REF PRICE (MILL GATE PRICE)
GRADE A
GRADE B
GRADE C
Palm oil is expected to test resistance REGION
OER (RM/TON)
OER(RM/TON)
OER (RM/TON)
at RM2,559 a tonne, a break above which NORTH
20.00% 534
19.00% 510
18.00% 486
could open the way to the next resistance SOUTH
20.00% 546
19.00% 522
18.00% 497
20.00% 546
19.00% 522
18.00% 498
at RM2,580, said Wang Tao, Reuters market CENTRAL
analyst for commodities and energy tech- EAST COAST 20.00% 538 19.00% 514 18.00% 490
SABAH
22.00% 522
21.00% 501
20.00% 479
nicals. — Reuters
SARAWAK
22.00% 531
21.00% 508
20.00% 485
20.00
Apr 10, 2007
700
Mar 8, 2016
Oil edges lower after Kuwait
dents hopes for output freeze
Oil prices edged lower yesterday after Kuwait said it would only agree to an output
freeze if all major producers take part and
Goldman Sachs analysts poured cold water
over the prospect of a sustained rally.
Brent crude futures were down 23 US
cents at US$40.61 a barrel, hovering above
the US$40 mark it last traded at three months
ago. On Monday the contract had climbed
by 5.5% in intraday trading and it has gained
about 50% since Jan 20. US crude futures
were down 37 US cents at US$37.53 a barrel.
“Prices are lower on the Goldman Sachs
and Kuwaiti comments and the oil market
remains oversupplied,” said Tamas Varga,
oil analyst at PVM in London.
Kuwait’s oil minister said yesterday that
his country’s participation in an output freeze
would require all major oil producers, including Iran, to be on board. — Reuters
Centrifuged Latex
Aug 31, 2008
Commodities
AGRICULTURE
UNIT
EXCHANGE
RM/TON
SEN/KG
USC/BSH
USC/BSH
USC/BSH
USC/IBS
US$/TON
USC/IBS
USC/IBS
USC/IBS
MDEX
MRB
CBOT
CBOT
CBOT
CME
NYBOT
NYBOT
NYBOT
NYC
2,529
539.50
354.25
872.25
454.75
135.95
2,993
119.55
14.50
56.75
-8
-12.50
-0.75
-1.25
-3.00
-0.40
-17
-1.35
-0.11
-0.63
US$/TON
USC/IBS
US$/TROY OZ
US$/TROY OZ
US$/TROY OZ
USC/TROY OZ
RMB/TON
RMB/TON
KLTM
CMX
CMX
NYMEX
NYMEX
CMX
SHF
SHF
17,230
2.25
1,273.50
1,001.90
569.00
15.62
11,535
14,290
330
-0.03
9.50
-0.10
-8.60
-0.01
60
-245
LIGHT CRUDE OIL
US$/BBL
HEATING OIL
USC/GAL
NATURAL GAS
US$/MMBTU
BRENT CRUDE
US$/BBL
GAS OIL
US$/TON
NYMEX
NYMEX
NYMEX
ICE
ICE
CRUDE PALM OIL
RUBBER
CORN
SOYBEANS
WHEAT
LIVE CATTLE
COCOA
COFFEE
SUGAR
COTTON
METAL & PRECIOUS METALS
TIN
COPPER
GOLD
PLATINUM
PALLADIUM
SILVER
ALUMINIUM
ZINC
ENERGY
37.53
-0.37
1.2340 -0.0035
1.802
0.013
40.61
-0.23
361.75
6.75
Sen/Kg
1100
1700
900
1325
391.50
950
(-5.50)
500
539.50
(-12.50)
575
300
Jan 7, 2007
LAST PRICE CHANGE
Rubber - M’sia SMR 20
Sen/Kg
700
Mar 8, 2016
200
Mar 8, 2016
Jan 7, 2007
Mar 8, 2016
Markets
32
F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP
I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S PA G E 2 9
M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 2 5
RESEARCH: TAI TS [[email protected]; SUGUMARAN [[email protected]]
KLCI 1,687.86
10.07 FBM ACE
110.91 FTSTI 2,778.77
5,584.84
44.74 NIKKEI 16,783.15
128.17 HANG SENG
STOCK
Index point
KLCI futures
1,684.50
(-11.50)
KL Composite Index
1,687.86
(-10.07)
10:30
11:30
12:45
14:30
15:30
16:30 17:15
Daily FBM KLCI
Moving average - 20-day
KL Composite Index
1950.0
XOX
SUMATEC
TALAMT
DGB
FLONIC
MYEG-CW
SUMATEC-WB
PWORTH
GADANG
EAH
FBMKLCI-H51
KEYASIC
LIONDIV
SUPERMX-C5
TOPGLOV-CX
CONNECT
VOLUME
('000)
CHANGE
(%)
CHANGE
(RM)
CLOSE
(RM)
HIGH
(RM)
LOW
(RM)
113,427
35,389
28,877
19,116
15,776
12,529
9,859
9,040
8,799
7,737
6,988
6,522
6,202
5,900
5,814
4,292
-11.76
4.35
0.00
8.33
-10.00
9.09
0.00
4.35
-8.57
0.00
4.00
13.89
0.00
24.59
3.23
4.17
-0.020
0.005
0.000
0.005
-0.005
0.005
0.000
0.005
-0.180
0.000
0.015
0.025
0.000
0.075
0.005
0.005
0.150
0.120
0.050
0.065
0.045
0.060
0.050
0.120
1.920
0.090
0.390
0.205
0.065
0.380
0.160
0.125
0.175
0.125
0.050
0.065
0.050
0.065
0.055
0.120
2.070
0.090
0.390
0.210
0.080
0.385
0.170
0.130
0.145
0.115
0.050
0.055
0.040
0.045
0.050
0.115
1.870
0.090
0.360
0.180
0.060
0.275
0.135
0.120
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
traded for a particular counter on the previous trading day is more than triple the average volume for the
last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
market expectations for these counters.
1,687.86
(-10.07)
1667.5
FBM KLCI, Asian markets fall
after China data disappoints
1,668.08
1385.0
1102.5
820.0
Jan 2, 2008
Mar 8, 2016
900
600
300
0
Volume (’mil)
FBM KLCI futures
CONTRACT
SETTLEMENT
CHANGE
HIGH
LOW
MAR 16
APR 16
JUN 16
1,684.50
1,680.50
1,665.50
-11.50
-11.50
-10.50
1,706.00
1,699.50
1,684.00
1,683.50
1,680.00
1,665.50
KLCI
POINTS
CHANGE
(RM)
CLOSE
(RM)
VOLUME
('000)
0.26
0.25
0.20
-0.28
-0.29
-0.32
-0.41
-0.44
-0.46
-0.51
-0.65
-0.75
-0.82
-1.29
-1.30
-1.94
-8.75
-1.32
-10.07
0.050
0.050
0.020
-0.020
-0.020
-0.030
-0.030
-0.070
-0.960
-0.140
-0.100
-0.100
-0.050
-0.130
-0.100
-0.310
5.730
4.530
2.120
4.580
5.990
4.770
6.400
6.550
56.040
13.100
18.700
8.700
8.780
4.240
4.920
8.350
1218.4
2125.5
19129.1
11615.5
4427.4
4289.2
14078.6
3736.3
183.8
534.1
8744.3
2120.7
12335.0
6121.3
4388.5
2663.0
FBM KLCI sensitivity*
RHB CAPITAL
AMMB HOLDINGS
SAPURA-KENCANA
CIMB GROUP
AXIATA GROUP
IOI CORPORATION
IHH HEALTHCARE
TELEKOM MALAYSIA
BRITISH AME TOBACCO
HONG LEONG BANK
PUBLIC BANK
MISC
MAYBANK
GENTING MALAYSIA
DIGI.COM
GENTING
SUB-TOTAL
OTHERS
GRAND TOTAL
* How stock price changes affected the index on the previous trading day
2.83
1.00
STI 2787.62
60.66
RM/USD 4.1300
CPO RM2502.00
12.00
OIL US$36.86
0.07
GOLD US$1244.90
3.10
PP 9974/08/2013 (032820)
FRIDAY MARCH 4, 2016 ISSUE 2117/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
EVERY
FRIDAY!
Get your free copy of
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pull-out inside.
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4 HOME BUSINESS
Problem isn’t with
SPACs but with tide
turning in O&G,
says expert
5 HOME BUSINESS
Raids will tarnish
steel makers’
reputation — MSA
8 HOME BUSINESS
General insurers
to see moderate
growth in 2016
— Piam
14 HOME
‘Share knowledge
and counter
misperceptions
of Malaysia’
18 COMMENT
Smartphones
haven’t killed
the camera
1617 FOCUS
Zhong Ling buy to have positive effect
on EPS — FGV 4 H O M E B U S I N E S S
BNM: 35-YEAR
MORTGAGE
IS MORE
THAN
ENOUGH
Increasing the loan
tenure will further add
to the cost of financing.
Chen Shaua Fui has the
story on Page 4.
17,073.95
67.18
AAX-WA
CHINHIN
AAX
XOX
AIRASIA
ARMADA
XOX-WA
SUMATEC
HSI-HT
TALAMT
VIVOCOM
MYEG
APFT
BORNOIL
SKH
SKPETRO
DGB
KNM
TIGER
FLONIC
TURNOVER
(‘000)
CHANGE
(RM)
CHANGE
(%)
PRICE
(RM)
PE
RATIO
DIVIDEND
YIELD (%)
168,144.7
122,528.6
113,697.3
113,427.4
61,409.8
57,634.9
47,104.1
35,388.7
32,169.0
28,876.5
24,927.1
23,856.5
22,529.6
21,529.2
20,913.5
19,129.1
19,116.1
17,188.8
15,793.0
15,775.5
-0.030
0.170
-0.030
-0.020
-0.030
0.005
-0.005
0.005
0.015
UNCH
-0.010
0.040
-0.010
-0.010
-0.010
0.020
0.005
UNCH
UNCH
-0.005
-16.22
26.15
-9.52
-11.76
-1.78
0.63
-9.09
4.35
3.41
UNCH
-3.57
2.00
-12.50
-6.90
-12.50
0.95
8.33
UNCH
UNCH
-10.00
0.155
0.820
0.285
0.150
1.660
0.795
0.050
0.120
0.455
0.050
0.270
2.040
0.070
0.135
0.070
2.120
0.065
0.475
0.050
0.045
—
—
—
14.78
8.70
—
—
10.36
—
—
66.67
47.51
—
13.68
—
20.11
—
15.99
125.00
—
0.00
0.00
0.00
0.00
1.78
2.06
0.00
0.00
0.00
0.00
0.00
0.60
0.00
0.00
0.00
0.96
0.00
0.00
0.00
0.00
Top gainers and losers (ranked by RM)
UP
CARLSBG
GAB
LATITUD
F&N
AEONCR
CHINHIN
SUPERMX
AMWAY
HSI-HS
HSI-HV
CHINTEK
UTDPLT
CLOSE
CHANGE
(RM)
13.300
14.540
5.650
19.940
11.880
0.820
2.720
9.400
1.000
1.490
8.000
26.400
0.360
0.340
0.270
0.260
0.220
0.170
0.170
0.140
0.115
0.100
0.100
0.100
0.040
0.165
0.015
0.020
0.020
0.020
0.040
0.160
0.095
0.025
60.00
50.00
50.00
33.33
33.33
33.33
33.33
28.00
26.67
25.00
DOWN
CLOSE
CHANGE
(RM)
BAT
TAANN
GENTING
PANAMY
TAHPS
NESTLE
HARTA
GTRONIC
AJI
TOPGLOV-CV
APM
GADANG
56.040
4.480
8.350
26.500
6.200
74.000
4.440
5.250
9.270
0.400
3.820
1.920
-0.960
-0.330
-0.310
-0.280
-0.200
-0.200
-0.200
-0.200
-0.190
-0.190
-0.180
-0.180
UEMS-C14
HWGB-WC
FBMKLCI-H9
TRIVE-WA
ASIABIO-WA
HARTA-CP
FBMKLCI-H6
AMEDIA-WA
GENTINGC22
E&O-CZ
0.005
0.005
0.035
0.015
0.015
0.120
0.045
0.010
0.020
0.040
-50.00
-50.00
-41.67
-40.00
-40.00
-40.00
-35.71
-33.33
-33.33
-33.33
KUALA LUMPUR: The FBM KLCI dropped 10.07 points or
0.6% yesterday after China’s weaker external trade numbers
hit Asian share markets.
At 5pm yesterday, the FBM KLCI closed at 1,687.86 points.
In China, Hong Kong’s Hang Seng was down 0.73% while the
Shanghai Composite erased losses for a 0.14% gain.
Elsewhere in Asia, Japan’s Nikkei 225 fell 0.76% while
South Korea’s Kospi declined 0.6%.
In Malaysia, JF Apex Securities Bhd research head Lee Top gainers and losers (ranked by percentage)
Chung Cheng told theedgemarkets.com “the market drop
UP
CHANGE
DOWN
CHANGE
yesterday is mainly due to the disappointing data from China”.
CLOSE
(%)
CLOSE
(%)
Reuters reported that China’s February exports disapMHB-CX
0.010
100.00
TANN-CG
0.050
-66.67
pointed analysts’ expectations, falling 25.4% from a year
DAYANG-CW
0.155
63.16
BSTEAD-CK
0.010 -50.00
earlier, while imports fell by 13.8%.
HIAPTEK-WA
0.040
60.00
UEMS-C14
0.005 -50.00
That left the country with a trade surplus of US$32.59 bil- SUPERMX-C6
0.165
50.00
HWGB-WC
0.005 -50.00
lion for the month, the General Administration of Customs said KOSSAN-CL
0.015
50.00
FBMKLCI-H9
0.035 -41.67
yesterday. Analysts polled by Reuters had expected the exports SANICHI-WC
0.020
33.33
TRIVE-WA
0.015 -40.00
COASTAL-WA
0.020
33.33
ASIABIO-WA
0.015 -40.00
to fall by 12.5%, and predicted imports would fall by 10%.
0.060
33.33
HARTA-CP
0.120 -40.00
BIMB Securities Research said that in Asia, key indices HBGLOB
0.020
33.33
FBMKLCI-H6
0.045 -35.71
closed mixed on Monday with a rally in China as investors fo- KFM-WA
PMETAL-CL
0.040
33.33
AMEDIA-WA
0.010 -33.33
cused on the country’s plans to prop up the slowing economy GLD-C10
0.160
28.00
GENTINGC22
0.020 -33.33
while the Japanese market ended negative on profit-taking. SUPERMX-C10
0.095
26.67
E&O-CZ
0.040 -33.33
“Back home [on Monday], the FBM KLCI closed higher, adding 5.44 points or 0.32% to 1,697.93, lifted by heavy- Top gainers and losers - warrants (ranked by percentage)
weights such as Genting, Maybank and YTL. Trading parUP
CHANGE
DOWN
CHANGE
ticipation saw net buying by foreign institutions and local
CLOSE
(%)
CLOSE
(%)
retail while local institutions were net sellers.” — by Billy Toh MHB-CX
0.010 100.00
TANN-CG
0.050 -66.67
DAYANG-CW
0.155
63.16
BSTEAD-CK
0.010 -50.00
World equity indices
DOW JONES
S&P 500
NASDAQ 100
FTSE 100
AUSTRALIA
CHINA
HONG KONG
INDIA
I want an edge!
FBM KLCI 1688.20
DOW JONES
Daily top 20 active stocks
UNUSUAL MARKET ACTIVITIES
FBM KLCI & KLCI futures intraday
8:45 9:30
148.14
Market movers
A weed is but an unloved flower.
— Ella Wheeler Wilcox
1705.0
1702.9
1700.8
1698.7
1696.6
1694.5
1692.4
1690.3
1688.2
1686.1
1684.0
20,011.58
CLOSE
CHANGE
17,073.95
2,001.76
4,303.33
6,182.40
5,107.96
2,901.39
20,011.58
24,675.19
67.18
1.77
-25.67
-17.03
-34.85
4.05
-148.14
28.71
INDONESIA
JAPAN
KOREA
PHILIPPINES
SINGAPORE
TAIWAN
THAILAND
VIETNAM
CLOSE
CHANGE
4,811.04
16,783.15
1,946.12
6,915.51
2,778.77
8,664.31
1,374.62
574.71
-20.53
-128.17
-11.75
22.82
-44.74
4.76
-21.13
-1.49
Fax: (03) 7721 8282
HIAPTEK-WA
SUPERMX-C6
KOSSAN-CL
SANICHI-WC
COASTAL-WA
KFM-WA
PMETAL-CL
GLD-C10
SUPERMX-C10
PUC-WB
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Ending the
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sona seeks institutional shareholders

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