to cut opr if economy weakens

Transcription

to cut opr if economy weakens
FBM KLCI 1657.85
2.77
KLCI FUTURES 1659.00
3.50
STI 2862.38
14.29
RM/USD 4.0600
CPO RM2588.00
11.00
OIL US$52.10
0.66
GOLD US$1255.10
9.60
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
THURSDAY JUNE 9, 2016 ISSUE 2185/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
www.theedgemarkets.com
EcoWorld rescinds letter of
award for RM10b Eco Marina
project in Penang 5 H O M E B U S I N E S S
5 HOME BUSINESS
Salcon bags 2 water
infrastructure jobs
worth RM232m
6 HOME BUSINESS
BAT sells PJ
factories and land
for RM218m
7 HOME BUSINESS
IHH Healthcare
to develop tertiary
hospital in Shanghai
‘Bank Negara may have
TO CUT OPR IF
ECONOMYONWEAKENS’
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14 H O M E
Redevelopment of
Sungai Perak banks
adds to beauty of
Kuala Kangsar
1617 FOCUS
The best luxury
sedan still a BMW
Weaker global semiconductor sales
reaffirm downcycle is shaping up
9 HOME BUSINESS
FBM KLCI 1657.85
2.77
KLCI FUTURES 1659.00
3.50
STI 2862.38
14.29
RM/USD 4.0600
CPO RM2588.00
11.00
OIL US$52.10
0.66
GOLD US$1255.10
9.60
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
THURSDAY JUNE 9, 2016 ISSUE 2185/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
www.theedgemarkets.com
EcoWorld rescinds letter of
award for RM10b Eco Marina
project in Penang 5 H O M E B U S I N E S S
5 HOME BUSINESS
Salcon bags 2 water
infrastructure jobs
worth RM232m
6 HOME BUSINESS
BAT sells PJ
factories and land
for RM218m
7 HOME BUSINESS
IHH Healthcare
to develop tertiary
hospital in Shanghai
13 H O M E
Set up registry for
sex offenders,
says expert
‘Bank Negara may have
TO CUT OPR IF
ECONOMY WEAKENS’
World Bank slashes this year’s
global growth forecast to 2.4% from
2.9%. Meena Lakshana has the
story on Page 4.
14 H O M E
Redevelopment of
Sungai Perak banks
adds to beauty of
Kuala Kangsar
1617 FOCUS
The best luxury
sedan still a BMW
Weaker global semiconductor sales
reaffirm downcycle is shaping up
9 HOME BUSINESS
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
2
For breaking news updates go to
www.theedgemarkets.com
ON EDGE T V
www.theedgemarkets.com
#JustSaying:
Bloody Animal
Business
AirAsia the real
target of latest alliance
It can be matched in a price war only by rivals prepared to lose money
BY DAV ID F I C K LI NG
The Edge Communications Sdn Bhd
(266980-X)
Level 3, Menara KLK, No 1 Jalan PJU 7/6,
Mutiara Damansara, 47810 Petaling Jaya,
Selangor, Malaysia
Publisher and Group CEO Ho Kay Tat
EDITORIAL
For News Tips/Press Releases
Tel: 03-7721 8219 Fax: 03-7721 8038
Email: [email protected]
Senior Managing Editor Azam Aris
Executive Editors Kathy Fong,
Jenny Ng, Siow Chen Ming,
Ooi Inn Leong
Associate Editors R B Bhattacharjee,
Joyce Goh, Jose Barrock,
Vasantha Ganesan
Editors Cindy Yeap, Kang Siew Li
Assistant Editors Adeline Paul Raj,
Tan Choe Choe
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Aminullah Abdul Karim,
Yong Yik Sheng, Tun Mohd Zafian
Mohd Za’abah, Noorain Duasa
SYDNEY: A spectre is haunting Asian
aviation — the spectre of AirAsia.
Do not make the mistake of thinking that Thai Airways’ plan for a tieup among 10 airlines in the region is
about fighting off competition from
the Value Alliance, a group of budget
carriers formed last month.
After all, one of the Value Alliance’s founding members is Nok
Air, Thai’s own low-cost affiliate.
Indeed, of the grouping’s eight constituents, all but two are connected
with full-service carriers Thai Airways, Singapore Air, Virgin Australia
or All Nippon Airways.
Both alliances are better understood as a circling of the wagons against the impending threat
from Malaysia’s AirAsia, the world’s
best-performing airline stock this
year after its own long-haul arm
AirAsia X.
Group chief executive officer
Tan Sri Tony Fernandes, never one
to hide his light under a bushel,
has admitted as much. The Value
Alliance is “a little bit of an act of
desperation from some airlines that
are not doing so well”, he said in
an interview with Bloomberg TV’s
Haidi Lun last month (see Chart 1).
Even as it has throttled back expansion in recent years in the face
of a glutted Southeast Asian market,
the carrier has not stopped growing.
Available seat kilometres, a capacity
measure, topped 10 billion for the
first time in the three months ended
March — a 58% increase in five years.
Such growth can be dangerous
for airlines if it runs ahead of demand, but AirAsia is in a strong
position. With a load factor of 85%
in the first quarter, the company
was filling a bigger share of its seats
than in any quarter since 2013. That
suggests it was matching supply to
demand pretty well.
See related story on Page 7
Fernandes has also got an operational advantage that should stand
him in good stead. While travellers
in the United States and Europe may
think locally dominant carriers Ryanair and Southwest are fanatical
about costs, AirAsia puts both to
shame. At 1.87 US cents (7.59 sen)
per available seat kilometre excluding fuel, AirAsia’s costs are about
20% below Ryanair’s and barely a
third of Southwest’s (see Chart 2).
That is important in any looming market-share battle because
most passengers are not loyal, and
can use comparison websites to
pick the cheapest flight. With the
lowest operating costs in the region, AirAsia can be matched in a
price war only by rivals prepared
Chart 1:
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to lose money on every flight.
Fernandes’s holy grail is to see
an open skies agreement across
Asean that would allow his carrier
to take advantage of deregulation
in the same way that Ryanair did in
Europe in the 1990s and Southwest
in the US in the 1980s.
That vision remains remote,
with the grouping’s most populous nations, Indonesia and the
Philippines, still choosing to protect
their domestic markets. But in the
meantime, Fernandes has affiliates
in both nations plus Thailand, and
has started up a unit in India with
another on the way in Japan.
That backdrop, and the shares’
run-up over the past few months,
might suggest that all the benefit for AirAsia has been priced in.
But on price-earnings ratio, it is
still the cheapest stock among 16
budget airlines globally worth more
than US$1 billion, according to data
compiled by Bloomberg. A valuation of 7.1 times forecast earnings
over the next 12 months is well below the median 10.3 times.
With growing inbound demand
to Malaysia from Indian and Chinese travellers, and a big slice of
fuel costs hedged for the next few
quarters at close to current spot
crude prices, there is little sign
that AirAsia’s run is over just yet.
— Bloomberg
IN BRIEF
Lancome faces anger,
protests in Hong Kong
HONG KONG: Cosmetics giant
Lancome closed some of its outlets in Hong Kong yesterday as
protesters gathered at a major
mall after the company cancelled
a concert featuring a local singer critical of China. Many Hong
Kong residents believe the promotional gig by pro-democracy
activist Denise Ho was cancelled
after China’s state-run media
criticised the French company
for allowing her to perform. The
row comes as fears grow in the
semi-autonomous city that Beijing is tightening its grip. Dozens
of protesters gathered at the central Times Square shopping mall
yesterday afternoon shouting:
“Boycott Lancome!” and “Shame
on self-censorship!” — AFP
Suzuki patriarch steps
down from CEO post
TOKYO: Suzuki Motor Corp patriarch Osamu Suzuki is stepping
down as chief executive officer
(CEO) and the Japanese automaker has promised to cut executive pay and slash 2015 bonuses, hoping to draw a line under
the bruising admission of major
flaws in its fuel tests. Executive
vice-president Osamu Honda,
who also served as chief technical officer, will retire, taking responsibility for the research and
development team at the heart
of the testing scandal. Japan’s No
4 automaker by sales said in May
it had used the wrong methods
to calculate mileage for models
going back to 2010. — Reuters
European Parliament sets
up inquiry committee
STRASBOURG: The European
Parliament set up an inquiry
committee in response to the
Panama tax-cheating leaks,
seeking to put the spotlight on
regulators across Europe. The
European Union assembly gave
the special panel a mandate to
“investigate alleged contraventions and maladministration in
the application of union law in
relation to money laundering,
tax avoidance and tax evasion”.
The committee, approved yesterday in Strasbourg, France,
will be composed of 65 European Parliament members and
have 12 months to produce a
report with policy recommendations. — Bloomberg
IEA sees slower global
gas demand growth
Chart 2:
*
BRUSSELS: Growth in natural gas demand will slow to an
average 1.5% a year globally
through 2021, as stagnation in
Europe and uncertainty about
Chinese consumption offset robust growth in India, the International Energy Agency (IEA)
said yesterday. After growth of
2.5% over the last six years, gas
is facing competition from renewable energy and cheap coal,
meaning the global gas market
will remain oversupplied. “Developments are pointing to a
period of oversupply,” IEA head
Fatih Birol said in the agency’s
annual medium-term gas outlook. — Reuters
T HUR SDAY JU N E 9, 2 0 16 • TH EEDGE FI N AN C I AL DAI LY
4 HOME BUSINESS
‘Bank Negara may
have to cut OPR’
This year’s global economic growth forecast slashed to 2.4%
BY MEEN A L A KSHANA
KUALA LUMPUR: As the global
economic outlook turns gloomier,
economists opine that Bank Negara
Malaysia (BNM) may have to opt
for an interest rate cut to stimulate
domestic growth.
“While policymakers and economists are hopeful for exports to
rebound modestly in the second
half of this year, this is not assured
and if exports continue to languish
in the second half, there is a downside risk to the country’s economic
growth this year,” RHB Research’s
chief economist Lim Chee Sing told
The Edge Financial Daily.
Lim noted that weaker global
growth will point to a weak export
outlook for Malaysia, citing that the
global trade declined 1.7% quarter-on-quarter (q-o-q) in volume
and 2.9% q-o-q in value in the first
quarter of 2016.
He stressed that weak exports
would create a chain effect to the
domestic economy, ranging from
private investments, employment
to wage payments and consumer
spending.
“All these will culminate in dampening domestic demand and economic growth over time,” he said.
ForexTime (FXTM) said in a note
yesterday that there could be a like-
lihood that central banks unleash
further accommodative monetary
policies in a bid to retain stability in
view of the International Monetary
Fund’s (IMF) and World Bank’s cut
to global economic growth.
“Although stock markets displayed a miraculous rebound during trading on Tuesday after the
abrupt appreciation in oil prices
that elevated global sentiment, the
lingering fears over the health of the
global economy could force equities
to relinquish previous gains as risk
aversion intensifies,” FXTM added.
Yesterday, the World Bank cut
this year’s global economic growth
forecast to 2.4% from the 2.9% projected in January.
The move is due to “stubbornly
low commodity prices” and faltering
demand in advanced economies at
a time when “the horrible combination” of mounting Brexit anxieties,
ongoing China woes, and depressed
commodity prices have exposed most
major nations to downside risks, the
World Bank said in a statement.
In April, the IMF cut its global economic growth outlook for this year
to 3.2% from 3.4% previously. The
Organisation for Economic Co-operation and Development (OECD)
had lowered its growth forecast for
the combined economy of the 34
OECD countries to 1.8% this year
from an earlier projection of 2.2%.
Lim said the revision of all three
institutions on the global economic growth for this year points to the
fact that world economies are still
struggling to sustain growth, which
has been sub-par and below trends
since the recession of 2008 to 2009,
and despite significant policy ease.
BNM has kept overnight policy
rate (OPR) at 3.25% — a move to
adopt the accommodative monetary policy. The last revision on
OPR was in July 2014 when it was
raised by 25 basis points.
Lim commented that although
Malaysia has grown to be less dependent on exports over time, exports still account for about 73%
of the country’s gross domestic
product in real terms.
Lim expects the government’s projection of economic growth is likely to
register at the lower end of the 4% to
4.5% growth range, with the research
firm expecting a 3.9% growth for 2016.
The mitigating factors in Malaysia’s economy, according to Lim,
are the continued implementation of sizeable infrastructure-related projects under the Economic
Transformation Programme such
as the mass rapid transit lines, light
rail transit Line 3, the Pan Borneo
Highway, and the Pengerang Integrated Petroleum Complex in Johor.
(%)
MAS says no Singapore bank
received 1MDB bond proceeds
SINGAPORE: The Monetary Authority of Singapore (MAS) said
yesterday no bank in Singapore
received a US$3 billion (RM12.19
billion) wire transfer from Goldman Sachs which had arranged
a bond issuance for Malaysian
state fund 1Malaysia Development Bhd (1MDB).
The Wall Street Journal (WSJ)
reported this week that proceeds
from the 1MDB US$3 billion
bonds ended up in the Singapore branch of a Swiss bank.
1MDB is subject of multiple
money-laundering investigations
in at least six countries including
the United States, Switzerland
and Singapore. Malaysian Prime
Minister Datuk Seri Najib Razak
has been facing calls to step down
over allegations of graft and billions of dollars in misappropriated funds. Critics say Najib was a
beneficiary of 1MDB’s funds, after
about US$681 million was deposited in his bank account before a
2013 election. Najib has consistently denied any wrongdoing.
It is rare for the Singapore’s
central bank to issue statements
about specific banking transactions, and it said it was doing so
in response to media queries.
“MAS stated that no bank in
Singapore received the US$3 billion wire transfer from Goldman
Sachs in relation to the bond issuance for 1MDB,” an MAS spokeswoman said.
Goldman Sachs declined to
comment on the MAS statement.
The WSJ, citing people familiar
with the investigation, reported that
US law enforcement officials were
attempting to identify whether Goldman Sachs Group Inc violated federal
law after failing to flag a transaction in
Malaysia. The newspaper said half
of the proceeds from the sale of the
bonds, which were transferred to
a Swiss bank account controlled
by 1MDB, disappeared offshore
with some later ending up in Najib’s bank account.
The United States is also reviewing Goldman Sachs’ business relationship with 1MDB as part of
a broader investigation into the
fund. — Reuters
1MDB reiterates strong
liquidity position
BY SANGEETHA AMARTHALINGAM
KUALA LUMPUR: State fund 1Malaysia Development Bhd (1MDB)
has reiterated that its liquidity position is strong and the company
remains focused on execution of
its successful rationalisation plan
after Moody’s Investor Services Inc
withdrew its Aa2 credit rating for
1MDB Energy Ltd’s 5.99% US$1.75
billion senior unsecured note, for
its own business reasons.
In a statement yesterday, 1MDB
made it clear that the withdrawal
was undertaken without a downgrade in Moody’s Aa2 credit rating
for the energy notes and that they
continue to benefit from an “AA”
rating from Standard and Poor’s.
“1MDB reiterates that its liquidity position is strong and
the company remains focused
on execution of its successful rationalisation plan,” it said.
In its attached note to editor,
1MDB said as per Moody’s policy
for withdrawal for credit ratings dated Dec 14, 2015, business reasons
meant that Moody’s will withdraw
the rating for a rated entity or an obligation for reasons unrelated to the
situations. “When Moody’s indicates
that a credit rating was withdrawn for
“business reasons,” this refers to its
business reasons, not the business
reasons of the rated entity or obligor.
“Moody’s business reasons generally do not reflect any concerns
about the rated entity’s creditworthiness or the quality of its management. Its decision to withdraw
a rating under these circumstances
will attempt to balance the informational benefit to market participants
from maintaining a credit rating
against the resources required to
maintain and monitor that credit
rating or other business considerations,” 1MDB added.
Berjaya Corp disposes of entire
8.43% stake in Magni-Tech
EMDE: Emerging market and developing economies.
BY B IL LY TO H
SOURCE: WWW.WORLDBANK.ORG/GEP
Cagamas appoints BNM staff as non-executive director
BY SA N GEETHA AM ARTHALINGAM
KUALA LUMPUR: Cagamas Bhd’s
holding company Cagamas Holdings Bhd has appointed Bank Negara
Malaysia (BNM) assistant governor
Shaik Abdul Rasheed Abdul Ghaffour
and former BNM Laman Infomasi
Nasihat dan Khidmat (LINK) and
regional offices department director Wan Hanisah Wan Ibrahim as its
non-executive directors.
In a statement, the national mort-
gage corporation said Wan Hanisah
and Shaik started serving in their positions beginning May 26 and June 1
this year, respectively.
Cagamas chairman Datuk Ooi
Sang Kuang said the group looked forward to benefitting from their depth
of knowledge and expertise in the
financial sector.
Shaik is responsible for BNM’s
monetary and economics sector
which also includes the international
relations and statistical services func-
tions of the bank.
He is also a member of the Monetary Policy Committee, the Management Committee, the Reserve
Management Committee and the Risk
Management Committee of the Bank.
Meanwhile, Wan Hanisah who
comes with more than 30 years of
experience at BNM, previously held
directorship roles in the bank’s International Department, Treasury
Department and Foreign Exchange
Administrations Department.
KUALA LUMPUR: Berjaya Corp
Bhd (BCorp)’s wholly-owned
subsidiary, Juara Sejati Sdn Bhd,
had disposed of its entire 8.43%
stake, comprising 13,716,900 ordinary shares of RM1.00 each, in
Magni-Tech Industries Bhd (Magni-Tech) for a cash consideration
of about RM56.71 million or an
average price of RM4.13 per share.
The disposal was done via direct
business transactions during the
period from Jan 13, 2016 to June 7,
2016. The average price of RM4.13
was at a discount of 24 sen to Magni-Tech’s closing price of RM4.37.
According to an announce-
ment to Bursa, the cash proceeds
arising from the share disposal
will be utilised as working capital of the BCorp Group. Based on
the BCorp Group carrying value
of RM56.00 million, the share
disposal resulted in a net gain
of RM1.19 million, since the said
carrying value has incorporated a
re-measurement gain of RM29.23
million. The said gains were all
recognised in the previous financial year ended April 30, 2016.
As of closing yesterday, BCorp
edged up by 1.37% to 37 sen, with
10.46 million shares traded; while
Magni-Tech’s share price fell by
0.68% to RM4.37, with only 69,600
shares exchanging hands.
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 5
EcoWorld rescinds
LoA for RM10b
Eco Marina project
‘Studies show acreage needed for golf course higher than thought’
BY SA NGEETHA A MARTHALINGAM
KUALA LUMPUR: Eco World Development Group Bhd (EcoWorld) and
Penang Development Corp (PDC)
have agreed to rescind a letter of
award (LoA) for the proposed RM10
billion Eco Marina project to build
a 60.7ha golf course and 121.26ha
mixed development in Batu Kawan,
Seberang Perai Selatan in Penang.
“Extensive studies undertaken
as part of the detailed planning
process have revealed that the acreage required for the golf course development would be significantly
higher than originally contemplated which adversely impacts the
viability of the project,” EcoWorld
told Bursa Malaysia yesterday.
The developer added that an
announcement would be released
in due course upon EcoWorld and
PDC entering into a deed of rescission to give effect to the rescission.
The rescission is not expected to
have any material financial impact
on the group’s earnings per share
and net asset per share.
To recap, EcoWorld announced
in April last year that it had accepted a LoA dated March 26, 2015 from
PDC for the Eco Marina project
with a gross development value of
RM10 billion.
It featured the purchase and
development of the 121.26ha of
99-year leasehold land into residential and commercial properties
for about RM730.93 million.
It also includes the lease of
607ha of land for a 30-year period
with an option of renewal for a further 30-year period for the development of an international standard
golf course with a minimum of 18
holes, and a clubhouse for a lease
consideration of RM65.34 million.
The board obtained a combined current market valuation
of RM760.3 million for the land
parcels based on the valuation by
independent valuers Khong and
Jaafar Sdn Bhd on April 20, 2015.
EcoWorld then said that the project would present a significant
opportunity to showcase the full
spectrum of its master planning
and township development capabilities in Penang.
EcoWorld’s shares closed unchanged at RM1.28, with a market
capitalisation of RM3.02 billion.
Salcon bags two
water infrastructure
jobs worth RM232m
BY S UPR IYA S UR E N D R A N
KUALA LUMPUR: Wastewater engineering company Salcon Bhd
has bagged two water infrastructure jobs totalling RM232.19 million.
The company’s wholly owned
subsidiary Salcon Engineering
Bhd has accepted a RM217.67
million award from Konsortium
Amanie JV Sdn Bhd and a RM14.52
million contract from Pengurusan
Aset Air Bhd, it said in a filing to
Bursa Malaysia.
The project for Konsortium
Amanie involves the designing
and building of a 120-millionlitres-per-day conventional water treatment plant and service
tank, and the installation of raw
water and clean water pipes, for
the Kuala Terengganu Utara Water
Supply Scheme.
The duration of the project is
35 months.
Salcon said its project with
Pengurusan Aset Air, for a duration of eight months, involves the
upgrading of the Sg Lebam water
treatment plant and distribution
system in Johor.
Filepic of Salcon’s wastewater treatment
plant. The first package covers the
upgrading of two existing tanks to the
dissolved air flotation system.
The first package covers the
upgrading of two existing tanks to
the dissolved air flotation system,
which removes suspended solids
from water.
Salcon said the projects are
expected to contribute positively
towards the earnings and net assets of the group for the financial
years ending Dec 31, 2016 (FY16),
FY17, FY18 and FY19.
Salcon shares closed up 1.5
sen (2.5%) at 61.5 sen yesterday
with a market capitalisation of
RM406.44 million.
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
6 HOME BUSINESS
BAT sells PJ factories
and land for RM218m
Move should boost its cash pile up to RM256.47m
BY C H ESTER TAY
KUALA LUMPUR: British American
Tobacco (M) Bhd (BAT) is disposing of its factories and two parcels of
leasehold land measuring 5.3ha in
Virginia Park, Petaling Jaya, Selangor,
for RM218 million cash.
In a bourse filing yesterday, BAT
said its wholly-owned subsidiary Tobacco Importers and Manufacturers
Sdn Bhd (TIM) had entered into a
conditional sale and purchase agreement (SPA) with LGB Properties (M)
Sdn Bhd for the asset disposal. LGB
Properties was the winner of a public
tender conducted for the disposal.
The disposal came after BAT announced that it would be shutting
down its manufacturing operations
in Petaling Jaya in stages, as it restructured its business operations
in Malaysia due to an increasingly
challenging business environment.
BAT said then the closure of its
manufacturing operations would
affect about 230 employees. The restructuring is targeted to be completed by the second half of 2017.
Based on the purchase price,
BAT is expecting a net gain of about
RM148.78 million or 52.1 sen per
share after taking into consideration
the audited net book value of the
property, the estimated expenses to
BAT said the use of
the sale proceeds
will be reviewed and
determined by end2016. The sum may be
distributed as dividends,
used to undertake a
capital reduction and/or
repay current revolving
credit facilities.
be incurred for the proposed disposal, and the real property gains tax.
The price tag, however, is below
the market value of RM262.5 million
for the assets, as appraised by DTZ
Nawawi Tie Leung Property Consultants Sdn Bhd on April 22, 2016.
BAT said the market value of the land
parcels is RM216.8 million, whereas
the market value of the buildings is
RM45.7 million.
Still, the proceeds are poised to
boost the cigarette producer’s cash
and bank balances up to RM256.47
million, from its current cash pile of
RM38.47 million as at March 31, 2016.
The property was previously acquired by TIM on Nov 25, 1996 at
RM62.39 million from BAT, which
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was then known as Rothmans of Pall
Mall (M) Bhd.
BAT said the use of the sale proceeds will be reviewed and determined by end-2016. The sum may
be distributed as dividends, used to
undertake a capital reduction and/
or repay current revolving credit facilities.
The disposal is subject to BAT
shareholders’ approval within three
months from the date of the SPA.
The group expects to complete
the disposal by the end of the year.
“The proposed disposal is in line
with the company’s intention to cease
TIM’s factory operations further to its
objective to restructure its business
operations in Malaysia by sourcing
tobacco products for the domestic
market from other BAT group factories regionally,” the filing read.
Aside from the SPA, TIM and LGB
Properties also executed a tenancy agreement for the former to rent
these properties for 12 months on a
monthly rental of RM1.09 million.
BAT said TIM may request to extend the tenancy for two further terms
of six months at the same monthly
rental.
BAT was the biggest loser yesterday. Its share price fell by RM1.60 or
3.09% to RM50.20, with a market capitalisation of RM14.43 billion.
KUALA LUMPUR: Scan Associates Bhd’s external auditor Baker
Tilly Monteiro Heng has resigned
as the company’s external auditor yesterday, citing outstanding
professional fees owed to it and
its subsidiaries.
The second reason cited for the
move was its receipt of a writ and
statement of claim by Scan Associates director and substantial shareholder Yeoh Eng Kong on May 16,
though no details were provided as
to what the lawsuit was about.
“In lieu of the matter above,
the company will hold a special
board meeting early next week
to deliberate on the issue,” the
loss-making firm told Bursa Malaysia yesterday.
Last October, the external auditor issued a “disclaimer of opinion” over the company’s financial
statements for the financial period
ended June 30, 2015 (FY15), and
said it could not obtain sufficient
Mulpha’s rights issue undersubscribed by 13.76%
BY GHO C H EE YUAN
KUALA LUMPUR: Mulpha International Bhd’s two-call rights issue has been undersubscribed by
146.82 million shares, or 13.76%.
In a filing with Bursa Malaysia yesterday, Mulpha International said that as at June 1, the
date for the closing and acceptance of payment, the company
received 880.65 million or 82.55%
of acceptances for its rights shares,
and another 39.36 million or 3.69%
of excess applications.
This brings the total acceptances and excess applications for
the rights shares to 920 million,
representing 86.24% of the 1.07
billion rights shares available for
subscription.
The group said it had resolved to
NOV 2015 DEC 2015 JAN 2016 FEB 2016 MAR 2016 APR 2016 MAY 2016
Malaysian govt
securities (%)
BNM bills (%)
Govt investment
issue (%)
47.3
47.7
47.9
47.5
48.7
49.1
48.7
98.5
5.4
98.5
5.3
98.5
5.3
86.0
5.4
98.1
6.9
98.2
8.5
90.9
8.7
StanChart still ‘positive’
on Malaysian bonds,
despite weaker demand
BY A H MA D N AQ IB ID R IS
KUALA LUMPUR: Standard Chartered Bank said it is maintaining a
“positive’ outlook for Malaysian government securities (MGS), despite
indications of weak demand, with
foreign flows into the bonds being
significantly lower at US$393 million
(RM1.6 billion) in May, compared
with US$993 million in April.
In a note yesterday, Standard
Chartered Asia rates strategist Lawrence Lai said the positive view on
MGS was based on Bank Negara
Malaysia’s (BNM) accommodative
policy stance, limited inflationary
pressure and a relatively high cash
level for onshore investors.
“The lack of buying momentum
is in line with our view; our data
shows that foreign bond fund investors have largely short-covered their
underweight positions and have a
relatively neutral stance on MGS.
“However, volatility in FX-triggered outflows from BNM bills has
increased, likely on zero supply combined with negative Malaysian ringgit
appetite,” said Lai.
He added that foreign ownership
of BNM bills dropped to 90% in May,
from 98% in April, with foreign holdings at US$3.4 billion. He said outflows from BNM bills are expected
to continue, pressuring foreign exchange rates in the near term.
“Although negative FX returns
triggered foreign outflows from shortend instruments, we believe bond
positioning is solid. Local interest
audit evidence regarding the com- to buy fixed-income assets remains
pany’s ability to continue as a going concern.
The external auditor also said
the Scan Associates’ current liabilities as at June 30 had exceeded its
current assets by RM7.22 million.
The auditor was also unable to
get sufficient evidence on the im- BY SURIN MURUGIAH
pairment loss amount of RM6.82
million, as there was no impairment KUALA LUMPUR: Even if Malaysia’s
assessment being made by the di- public debt-to-GDP (gross domestic
rectors in accordance with MFRS product) level exceeds 55%, sover136: Impairment of Assets.
eign credit downgrade is unlikely,
according to MIDF Research.
In a note yesterday, the research
house said despite the government
being on track to reduce its debt level
from 54.5% to 53% this year, one risk
remains, and that is if the nominal
allot the unsubscribed rights shares GDP grows much slower or even
to all applicants who had applied contracts this year due to recession.
for the excess rights shares in full.
“Although we do not think that
“The undersubscribed 146.82 the nominal GDP will contract this
million rights shares have been year, as long as the government is
subscribed by a substantial share- able to keep its fiscal deficit at 3.1%
holder of Mulpha, namely Magic to GDP, the total amount of MalayUnicorn Ltd, pursuant to the ad- sian Governtment Securities (MGS),
ditional undertaking [as defined Government Investment Issues (GII)
in the Abridged Prospectus dated and Malaysian Islamic Treasury Bills
May 17, 2016],” it added.
(MITB) combined is still unlikely to
Scan Associates’ external auditor quits
BY GHO C H EE YUAN
Foreign holdings in MGS, BNM Bills and GII
constructive on ample cash with
long-term investors and a weaker
macro outlook,” Lai said.
On the weight rebalancing of
major emerging market (EM) bond
indices with the potential inclusion
of China government bonds (CGB),
he opined the market has been too
bearish on the impact of the move.
While it would not be positive for
MGS, Lai said the initial change would
have a limited impact on MGS.
“Since CGBs also constitute a
low-yielding market segment in
the EM space, we expect investors to start with underweight positions in CGBs, especially given
their concern about the Chinese
yuan,” he said.
UOB Malaysia analyst Julia Goh
noted that foreigners turned net
sellers in May, registering RM3.4
billion and RM4.3 billion in outflow
of bonds and equities respectively,
following the strong net buying of
RM17.7 billion in March and April.
“Foreigners were net sellers of
BNM monetary notes and Malaysian
treasury bills in May, but remained
net buyers of MGS, government investment issues and private debt
securities,” said Goh in a note.
She noted that foreign holdings
of MGS stood at 48.7% in May, after
eight consecutive months of net foreign buying, compared with 49.1%
in April. Year to date, foreigners have
bought RM14.7 billion worth of Malaysian bonds and RM1.6 billion of
equities, compared to a net selling of
RM17.4 billion and RM5.7 billion in
the same period last year, she added.
Sovereign credit downgrade for
Malaysia unlikely, says MIDF Research
breach the 55% debt ceiling level.
MIDF Research said too much
attention had been given to the public debt-to-GDP level. The research
house said the more important question was the sustainability of Malaysia’s fiscal position. It said Malaysia’s
debt limit was set at 40% in April
2003, revised to 45% in June 2008,
and subsequently 55% in July 2009.
“There was not even once when
our sovereign credit rating was affected due to the increase in debt ceiling
limit. We opine that the market and
the public in general have been giving too much attention to the public
debt-to-GDP level, without understanding the sustainability of the
fiscal policy itself,” it said.
Further, MIDF Research argued
that the public debt-to-GDP limit
should only include MGS, GII and
MITB.
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 7
IHH Healthcare to develop
tertiary hospital in Shanghai
Wholly-owned Parkway Pantai to undertake project jointly with Chinese firm
BY C H ESTER TAY
KUALA LUMPUR: IHH Healthcare
Bhd’s wholly-owned subsidiary
Parkway Pantai Ltd said it is developing a 450-bed multi-specialty
tertiary hospital in the Shanghai
New Hongqiao International Medical Center (IMC).
The development, it said, will be
undertaken by a joint-venture entity, which is 70%-owned by Parkway
Pantai and 30%-owned by Shanghai Hongxin Medical Investment
Holding Co Ltd.
The entity has entered into a land
contract with the Shanghai Minhang District Planning and Land
Authority for the development of
the hospital on a 35,754 sq m site,
which was acquired on a leasehold
basis for 50 years.
Called ParkwayHealth Shanghai
International Hospital, the hospital
is slated for opening in 2020, with
a registered capital of 455 million
yuan (RM280 million), said Parkway
Pantai in a statement yesterday.
It will offer a range of specialties
and healthcare services, with a focus on cardiology, cardiac surgery,
gastroenterology, urology, minimally invasive surgery, general
surgery and internal medicine, the
company said.
“We are excited to strengthen
Decision on bid to stop
CLIQ Energy tomorrow
BY C H EN SHAUA FU I
KUALA LUMPUR: The High Court
has fixed tomorrow to deliver its decision on the application by CLIQ
Energy Bhd’s largest shareholder,
Best Oracle Sdn Bhd, to strike out a
petition to wind up the special-purpose acquisition company.
Judicial Commissioner Noorin Badaruddin fixed the date after hearing
submissions from CLIQ Energy and
Best Oracle yesterday.
The winding-up petition was filed
by CLIQ Energy on April 25 after it
failed to get an extension from the
Securities Commission Malaysia to
complete its proposed qualifying
acquisition of a 51% stake in a special-purpose vehicle that will host
Phystech Firm LLP’s two onshore
oilfields in Kazakhstan for US$110
million (RM447 million).
According to the company, it has
to be liquidated, and the trust money
returned to investors, after it fails to
get the extension.
The crux of the submissions by
both sides yesterday revolved on
whether or not CLIQ Energy should
have let members vote on the decision to file the petition.
Best Oracle’s counsel, Shamsul
Bahrin Manaf, claimed that CLIQ
Energy’s Articles of Association provide that the company can only be
dissolved after members vote in favour of the relevant resolutions for
the purpose. He said the company’s
action of filing the petition without
holding the vote was premature.
Shamsul said the company belongs to the members, so any effort
to wind up the company must be
decided by the members. It cannot
be decided by three independent
directors, who have no interest in
the company.
“The people who passed the di-
rectors’ resolution to wind up the
company are not even the members
of the company,” he submitted.
Counsel for CLIQ Energy, Wong
Kah Hui, however contended that
there is no necessity for the members to vote on the matter because
CLIQ Energy’s Memorandum and
Articles of Association (M&A) do
not provide for a vote.
He submitted that the M&A accorded full powers to the company
to conduct businesses and wind up
the company, and also that the M&A
must comply with the applicable laws
and regulations.
Wong added that the winding-up
petition by the court is involuntary
and an involuntary winding-up does
not need a vote by the members.
He also argued that the move
by Best Oracle to file a striking-out
application, in addition to a stay of
proceedings application, is aimed at
stalling the process of the petition,
since an appeal is expected after a
ruling is made.
On May 9, Best Oracle, failed in
its bid to obtain leave from the High
Court for a judicial review to stop the
liquidation process.
It had filed an appeal to the Court
of Appeal and received a letter from
the court yesterday to conduct the
case management of the case today.
The shareholders of Best Oracle
consist of five members of CLIQ Energy’s management team, namely chief
executive officer Ahmad Ziyad Elias,
executive director Kamarul Baharin
Albakri, exploration vice-president
Dr Chang Kok Lip, development and
production vice-president Kamaroll
Zaman Abdul Aziz and business development vice-president Tengku
Daud Shaifuddin Tengku Zainudin.
CLIQ Energy shares closed flat
at 69 sen yesterday, with 104,100
units traded.
our presence in Shanghai, with
the development of a world-class
450-bed tertiary hospital.
“ParkwayHealth Shanghai International Hospital will leverage our
existing network of medical centres
to provide integrated healthcare
services for residents in the Yangtze
River Delta and beyond,” said IHH
chief executive officer and managing director Dr Tan See Leng.
Meanwhile, Shanghai New
Hongqiao IMC Construction Development Co Ltd chairman Yang
Jie said ParkwayHealth Shanghai
is the only foreign joint venture
general hospital in the New Hongqiao IMC.
“Given its close proximity to the
Hongqiao airport and high-speed
railway station and Parkway Pantai’s solid track record in delivering outstanding patient care and
outcomes, we are confident [that]
the hospital will serve the healthcare needs of the local residents, as
well as medical tourists to Shanghai,” he said.
ParkwayHealth Shanghai International Hospital is the seventh
medical centre investment by IHH
in Shanghai.
IHH is also developing its first
tertiary medical facility in Chengdu, China, through its indirect
wholly-owned subsidiary M&P
Investments Pte Ltd and its partner Shanghai Broad Ocean Investments Co Ltd.
Tan on May 27 reportedly said
the group is focusing on growing in
China, India and Turkey. He added
that 70% of IHH’s targeted expansion next year would be in China,
where the emphasis would be in
Hong Kong and Shanghai.
The group has allocated RM4.83
billion until 2018 for expansion
purposes, which include an additional 3,000 beds in the near term.
IHH’s share price closed six
sen or 0.92% lower yesterday at
RM6.44, with a market capitalisation of RM52.99 billion.
Asean not saturated, says AirAsia CEO
KUALA LUMPUR: AirAsia, which
flies to almost all major destinations in Asean, said the market remains attractive for more
routes and it is a matter of having
the right platform and creating
demand.
“There is potential for more
connectivity as well as frequencies,” its chief executive officer
(CEO) Aireen Omar, said when
asked if Asean is saturated.
AirAsia flies to almost all the
major cities in the 10-member
nation bloc and some secondand third-tier cities in the region,
she said.
“There is potential for expansion in second- as well as third-tier
cities but it all depends on how
the open sky policy will turn out
to be and the implementation of
the Asean Economic Community,” Aireen told Bernama recently.
Hence, the economic impact
of such initiatives is important
to create both demand for new
routes in the region as well as frequencies, she said, citing the positive effect of the open sky policy
on the aviation sector in Europe.
“A much-connected region
will enable its people to tap its
resources more efficiently and
help them achieve economies of
scale,” she explained.
Aireen said harmonisation of
standards, for instance, and licensing and safety, are among
the key factors for the [growth
of the] region’s aviation sector,
which is now considered one of
the most regulated markets despite its potential.
“However, even without this
(open sky policy), AirAsia went
around the rules by having joint
ventures and expanded in Asean,” she said. AirAsia has joint
ventures in Indonesia, Thailand
and the Philippines.
Had the open sky policy and
liberalisation of the sector taken
Aireen says AirAsia flies to almost all the major cities in the 10-member nation bloc
and some second- and third-tier cities in the region. The Edge file photo
place much earlier, AirAsia would
have expanded at a much faster
pace, she said.
“It would have enabled us to
mobilise our resources better,
which means reduction of cost
for the airline,” said the chief of
the 15-year-old airline.
The regulations have not only
crippled expansion of airlines in
the region, but also led to capital
disruption and underinvestment
in the sector, AirAsia’s group CEO
Tan Sri Tony Fernandes said.
“In some places, we want to put
more capital, but our local shareholders are not ready to do so. It
leads to inefficient use of capital
as we are prevented from doing
it [by ourselves] due to outdated
regulations,” he cited.
Fernandes also said AirAsia’s
accounting methods are extremely complicated due to archaic regulations in the region.
“We can’t say we control the
airline [in some countries in Asean], which results in associate
kind of accounts that do not give
the true picture ala RyanAir and
EasyJet [in Europe],” he said.
On more low-cost carriers
coming on board in the region,
he reiterated that market liberalisation and openness are all about
competition and it’s always good.
There is no such thing as overcrowding, he said.
“There are about 400 aircraft in
Asean, while in Europe there are
about 3,000 and we are a much
bigger [market],” he said.
On Value Alliance, he said: “It’s
fantastic that a bunch of low-cost
airlines has got together to create
Value Alliance. We have to compete, just like we have been doing
all this while. So, we will adapt
and we will get better.”
Fernandes said its strong partnership with AirAsia X will give
AirAsia the much-needed edge.
“For Value Alliance to go to Japan
from Kuala Lumpur, you may have
to take three different airlines.
With AirAsia it’s a direct route.”
Value Alliance is an airline alliance formed recently by low-cost
carriers including Cebu Pacific of
the Philippines, Jeju Air of South
Korea, NokAir and NokScoot of
Thailand, Scoot and Tigerair of
Singapore, Tigerair Australia and
Vanilla Air of Japan. — Bernama
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
8 HOME BUSINESS
No to plain cigarette packaging
Majority of survey respondents say such wrapping makes it easier to produce fake packs
BY SA NGEETHA AM ARTHALINGAM
KUALA LUMPUR: Eight out of 10
Malaysians (81%) surveyed by the
Merdeka Center for Opinion Research felt that plain packaging for
cigarettes would make it easier for
illegal cigarette smugglers to produce fake packs.
Nearly nine out of 10 or 88% of respondents said plain packaging will
cause smokers to turn to the black
market where they can easily access
cheap illegal packs, said Malaysia
Singapore Coffee Shop Proprietors’
General Association president Ho
Su Mong in a statement yesterday.
Further, the survey showed that
87% of Malaysians are concerned
about the current levels of crime in
Malaysia and 65% worry that plain
packaging will lead to an increase in
criminal activity in Malaysia, while
78% believe that youths have easy
access to cheap illegal cigarettes.
“A vast majority of Malaysians
(87%) believe that Malaysia today
has a problem with black market
illegal cigarettes and more than half
oppose the introduction of plain
packaging as it has the potential to
further increase the level of illegal
cigarettes in Malaysia.
“This is consistent with what we
are hearing from our members who
are concerned about the impact of
the growing illicit cigarette levels on
their businesses,” said Ho.
He said Merdeka Center was
commissioned by the association,
which has 20,000 members, to carry
out the survey between May 7 and
May 12, 2016. It surveyed 1,212 adults
aged 18 and above via telephone
interviews.
The respondents, comprising
50% Malay, 30% Chinese, 8% Indian, 7% Muslim bumiputera and 6%
non-Muslim bumiputra, were selected on the basis of random stratified
sampling along ethnicity, gender
and state of residence.
Ho urged the government, which
had announced on Feb 24 that it
wanted to introduce plain cigarette
packaging to reduce brand recognition and ultimately overall consumption, to discuss its measures with the
association for better results.
Less than two weeks after the
announcement, however, Health
Minister Datuk Seri S Subramaniam
told pressmen that Malaysia had
not decided whether to make plain
packaging of tobacco products a
policy yet, as discussions were still
ongoing on the matter.
Ho said Malaysia has faced the issue of illegal cigarettes for a number
of years and despite the best efforts
of government enforcement agencies, the situation is getting worse
with almost half of the cigarettes
consumed in Malaysia today coming from the black market.
“We understand and respect the
government’s objective to reduce
smoking. However, with almost half
of the cigarettes in Malaysia being
sold as cheaply as RM3.50, we ap-
Trive ties up with China firm in solar venture
BY GHO C H EE Y UAN
KUALA LUMPUR: Trive Property
Group Bhd will be collaborating
with a Chinese firm to collaborate
on research and development, production, assembly, distribution,
and marketing of solar systems.
The group has inked a memorandum of understanding (MoU)
with Fortunate Solar Technology
Ltd for the purpose.
The move, according to the battery management systems and solar systems trader in a statement
yesterday, will allow it to focus on
its core business of designing, developing and marketing of green
and renewable energy products,
particularly solar-related products.
Under the MoU, Trive said, both
parties have agreed to inject a total
of RM60 million to establish a joint
venture company (JV) in Malaysia, in which both companies will
have an equal stake. The JV will be
renting a parcel of land and building for its factory in Kulim Hi-Tech
Park, Kedah.
Fortunate Solar, incorporated
in the Shuyang County of Jiangsu
Province, is an integrated hightech provider of solar products
and services, silicon products and
services, wafers and solar cells.
“The fund will be used to set
up a production line in the new
factory, which will provide the full
range of products or one-stop solutions in the solar business,” said
Trive.
Trive executive director Kua
Khai Shyuan said the final solar
products will be sold in their local
markets and the balance thereof will be exported to the United
States, Europe and the rest of the
world.
With this JV, he said Trive is
able to establish a footprint in the
China market with huge potential
revenue to be generated.
Trive, which has been loss-making since finanancial year 2012, is
optimistic about the future growth
of the solar industry globally. It
added the JV should enjoy 10 taxfree years in Malaysia upon the
successful application for a pioneer status.
“Trive [will] work relentlessly to return to the black. Trive is
looking forward to improving its
bottom line and to continuously
seeking every opportunity to yield
a better return to its shareholders
and sustaining the business with
the consideration of all stakeholders,” said Kua.
Shares in Trive closed unchanged at 4.5 sen yesterday, valuing it at RM60.4 million.
Threat of DDoS attacks to businesses in rapidly growing economies
BY MEENA L A KSHANA
KUALA LUMPUR: Global businesses, especially in rapidly growing economies like Malaysia and
Southeast Asia, are facing growing threats of distributed denial of
service (DDoS) attacks, according
to Akamai Technologies Inc in a
statement yesterday.
The statement came in conjunction with the release of its report
titled “State of the Internet for the
first quarter of 2016 (1Q16)”, which
noted a 126% year-on-year (y-o-y)
rise in DDoS attacks across the Akamai Intelligent Platform.
According to Akamai, an Internet services provider based in
Cambridge, Massachusetts in the
United States, the platform is the
world’s largest cloud-based platform for securely distributing and
accelerating web content, enterprise applications and video.
Sectors that are especially vulnerable to attacks include financial
services, software and technology,
media and entertainment, public
sector assets, education, Internet
and telecom assets, retail, gaming,
DDoS attack frequency by industry, 1Q 2016
(%)
Business Services
Education
4Q 2015
4Q 2016
0.15
0.04
2.50
2.74
6.84
4.00
Financial Services
54.45
54.80
Gaming
Hotel & Travel
0.05
0.12
4.20
4.04
4.70
5.39
1.35
1.90
2.75
1.86
Internet & Telecom
Media & Entertainment
Public Sector
Retail & Consumer Goods
23.03
25.10
Software & Technology
0
5
10
15
20
25
30
35
45
40
50
55
60
Percentage
The gaming industry continued to be the most frequently targeted sector for DDoS attacks,
followed by the software and technology industry.
Source: 1Q 2016 State of the Internet/Security Report, Akamai Technologies Inc
hotel and travel service providers,
said the report.
Sixty per cent of the attacks that
occurred in 1Q16 used at least two
attack vectors at once, making defence more difficult.
“The continued rise of multi-vector attacks suggests that attackers or
their attack tools are growing more
sophisticated,” the report stated.
An attack vector is a path or
means by which a hacker or cracker
can gain access to a computer or
network server to wreak havoc. A
multi-vector attack is known as the
most complex type of DDoS attack
as it is a combination of different
DDoS attack tools and approaches.
“This causes problems for security practitioners, since each attack
vector requires unique mitigation
controls,” the report noted.
There was also more repeat attacks against online assets, with
one Akamai customer recording
283 attacks against them in 1Q16.
“That represents three separate attacks per day. Attackers seem to be
becoming more persistent in trying
to disrupt services of their targets.”
In the past, many attackers when
seeing a site or network was protected would move on, said Akamai.
But now, attackers tend to hammer
away at high-value organisations,
regardless of the results, looking for
a moment when defences might
drop.
“Another reason for the continued increase in repeat attacks is
that acquiring and outfitting DDoS
attack platforms has become cheap
and easy to use,” it added.
DDoS attacks are also being used
as a diversion technique to exhaust
company resources, while attacks
are launched against the primary
target.
Meanwhile, the number of mega
attacks — attacks that exceeded
100 gigabites per second — rose
137% y-o-y, with the largest hitting
the software and technology, gaming, and media and entertainment
sectors.
peal to the government to focus on
controlling the widespread illegal
cigarettes, rather than introducing
regulations that will make the problem worse,” he said.
He reiterated that retailers have
incurred income losses of over
RM500 million annually as a result
of illegal cigarettes.
Ho said the market has been
flooded with illegal cigarettes since
last year’s large increase in the cigarette excise tax and expressed concern that plain packaging would
make the problem much worse, as
it means cigarette packs will look
the same, making it difficult for retailers, consumers and enforcement
agencies to differentiate between
legal and illegal packs.
EA Technique
to acquire vessel
charterer
for RM5m
BY A H MA D N AQ IB ID R IS
KUALA LUMPUR: EA Technique (M) Bhd (EAT) said it
had entered into a conditional
share sale agreement with five
vendors to acquire the entire
shareholdings of Libra Perfex
Precision Sdn Bhd (Libra) for
RM5 million.
In a bourse filing yesterday,
the company said the vendors
are Fatimah Mahmood, Tan Sri
Dr Jemilah Mahmood, Datuk
Dr Ashar Abdullah, Ali Noor
Razak Mohd Noor Sidek and
Norrazak Ismail.
Libra is involved in the business of hiring and chartering
marine vessels. The company
on April 1 was awarded a contract for the provision of tugboats services, towing and other services for Petronas Floating
LNG 1 (L) Ltd (PFLNG1), worth
US$43.8 million over six years.
“The proposed acquisition
is to generate additional revenue to EAT through the revenues derived from the PFLNG1
contract by the company (Libra) and the rental of the tug
boats by EAT to the company
(Libra) for the purpose of the
said contract,” said EAT.
It said the acquisition will be
funded through either internally generated funds, borrowings
or a combination of both.
“The proposed acquisition is
not expected to have any material impact on the earnings
per share of EAT for the financial year ending Dec 31, 2016.
However, the management of
the company (Libra) expects
that the potential earnings to
be derived from the company
(Libra) will contribute positively to the earnings of EAT,”
it added.
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
ST O C KS W I T H M O M E N T U M 9
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GADANG HOLDINGS BHD (-ve)
SHARES in Gadang Holdings Bhd (fundamental: 1.9/3, valuation: 1.8/3) triggered our momentum algorithm for the second consecutive
day yesterday. The counter gained one sen or
0.47% to close at RM2.16 yesterday.
Its trading volume swelled to 3.22 million
shares traded, compared to its 200-day average volume of 1.68 million shares.
Gadang is mainly engaged in civil engineering works and property development.
The company saw its net profit jump 55.28%
to RM25.11 million in the third financial quarter
GADANG HOLDINGS BHD
ended Feb 29, 2016 (3QFY16) from RM16.17
million a year ago, due to improved profit margins from construction activities and higher
contributions from the property division. Revenue grew 3.67% to RM175.92 million from
RM169.69 million.
For nine months of FY16, Gadang’s net profit
surged 86% to RM63.69 million from RM34.22
million a year earlier. Revenue grew 2.31% to
RM427.28 million from RM417.64 million.
Gadang is trading at a trailing price-earnings
ratio of 6.3 times and is 1.11 times its book value.
Valuation score*
1.80
1.90
Fundamental score**
6.30
TTM P/E (x)
0.06
TTM PEG (x)
1.22
P/NAV (x)
2.11
TTM Dividend yield (%)
556.04
Market capitalisation (mil)
Shares outstanding (ex-treasury) mil 258.62
1.56
Beta
1.13-2.54
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
KEIN HING INTERNATIONAL BHD (+ve)
SHARES in Kein Hing International Bhd (fundamental: 1/3, valuation: 1.4/3) triggered our
momentum algorithm for the second time
this year. The counter closed one sen lower or
0.91% at RM1.09 yesterday, with some 1.8 million shares traded. In comparison, its 200-day
average volume is only around 413,374 shares.
The metal parts manufacturer posted a net
profit of RM3.83 million in the third financial quarter ended Jan 31, 2016 (3QFY16), a
jump of 468% from RM674,000 a year ago, on
higher sales order for tooling and a surge in
KEIN HING INTERNATIONAL BHD
demand for parts from home appliance and
printer manufacturers.
Revenue grew 27.4% to RM58.81 million
from RM46.15 million.
For 9MFY16, its net profit surged 223.4% to
RM8.99 million from RM2.78 million. Revenue climbed 17.2% to RM168.16 million from
RM143.53 million.
The stock currently trades at a trailing
12-month price-earnings ratio of 10.87 times
and is at 1.06 times book value. Its trailing
12-month dividend yield is at 0.91%.
Valuation score*
1.40
1.00
Fundamental score**
10.87
TTM P/E (x)
0.03
TTM PEG (x)
1.07
P/NAV (x)
0.91
TTM Dividend yield (%)
108.90
Market capitalisation (mil)
99.00
Shares outstanding (ex-treasury) mil
1.04
Beta
0.35-1.27
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
LAND & GENERAL BHD (+ve)
SHARES in Land & General Bhd (fundamental: 2.7/3, valuation: 2.4/3) triggered our
momentum algorithm for the first time. The
stock price went up one sen or 2.53% to close
at 40.5 sen yesterday, with 6.4 million shares
traded. This compared to its 200-day average volume which is at 1.28 million shares.
The property developer and education
provider saw its net profit jump 674.4% yearon-year to RM54.98 million in the fourth
quarter ended March 31, 2016 (4QFY16),
LAND & GENERAL BHD
from RM7.1 million, on higher profit from
the property division. Revenue rose 226.7%
to RM184.19 million from RM56.37 million.
For its financial year ended March 31,
2016 (FY16), L&G’s net profit fell 9.85% to
RM95.05 million, from RM105.43 million
due to lower results from the property division. Revenue declined 26.5% to RM342.06
million from RM465.37 million. L&G has
recommended a single-tier final dividend
of two sen for FY16.
Valuation score*
2.40
2.70
Fundamental score**
9.16
TTM P/E (x)
(0.16)
TTM PEG (x)
0.67
P/NAV (x)
5.05
TTM Dividend yield (%)
431.83
Market capitalisation (mil)
Shares outstanding (ex-treasury) mil 1,093.24
1.37
Beta
0.34-0.48
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
HOME BUSINESS
Weaker global chip
sales reaffirm downcycle
is shaping up
BY TAN S I E W M U N G
KUALA LUMPUR: The global semiconductor sales dropped 6.2% year-on-year
(y-o-y) in April for the 10th consecutive
month since July last year. The continued weaker sales could be evidence of a
downcycle in the technology industry,
said analysts.
According to the United States-based
Semiconductor Industry Association’s statement yesterday, global sales of semiconductors fell to US$25.8 billion (RM104.75
billion) in April from US$27.6 billion in the
previous corresponding month. Global
sales were down 1% month-on-month
from US$26.1 billion in March.
Meanwhile, US-based Semiconductor
Equipment and Materials International’s
latest data also showed that global semiconductor manufacturing equipment billings
declined 13% y-o-y in the first quarter of
2016 to US$8.3 billion from US$9.5 billion
in the previous corresponding quarter.
“These (the statistics) further reaffirmed
our view that the industry’s slowdown is already in the making, with growth tipping off
from the high base alongside with softening
demand from major economies,” Kenanga
Research analyst Desmond Chong Chee
Wai told The Edge Financial Daily.
Recall that the last two rounds of industry
downcycle, which were between October
2008 and October 2009, and the period of
July 2011 to October 2012, shared similar
patterns which showed y-o-y growth pace
decelerated at the initial phase, followed
by contraction.
“While we believe the second half should
see some rebound amid the major launches of several flagship smartphone models,
this does not alter our conservative view in
light of the high base in 2015, as well as the
still sluggish semiconductor sales in other
segments,” said Chong.
Chong pointed out that the slowdown
in global semiconductor sales was already
reflected in Malaysian technology players’
financial performance in the first quarter
of this year.
TA Securities analyst Paul Yap Ee Xing
said share prices of local semiconductor
companies had already priced in the slowdown in the global industry.
He is expecting either flat or lower sales
in US dollar terms for semiconductor companies under its coverage, such as Inari
Amertron Bhd, Unisem (M) Bhd and Malaysian Pacific Industries Bhd (MPI).
“We are, however, expecting earnings to
pick up towards the second half, driven by
a major smartphone launch,” he told The
Edge Financial Daily.
It is worth noting that the World Semiconductor Trade Statistics expect a better
second half, with a lower 2.4% y-o-y decrease in sales for 2016.
Nonetheless, some analysts also said
the general trend cannot be applied to all
technology companies as some of them,
which are in the niche markets, are still
seeing growth.
According to Kenanga’s Chong, some
outsourced semiconductor assembly and
test (OSAT) players are still trading on a high
side, with forward price-earnings ratio of
13 times to 15 times, which are stretched
compared to the regional OSAT, as well as
integrated device manufacturers, which
command higher margins.
He sees bottom fishing as the strategy to
go for, especially with the current risk-reward ratio less favourable, following rich
valuations in some big names.
Thus, he prefers names like SKP Resources Bhd that is involved in the sub-assembly
of electronic and electrical equipment, and
other secondary processes.
Yap, who has an “overweight” call on
the semiconductor sector, maintains “buy”
calls for Unisem, MPI and Inari.
“Aiding sales, we expect the ringgit to
remain weak with an average USD/RM
rate of 4.05 for 2016. Our forecast earnings
growth for the sector remains strong at 13%
y-o-y,” he added.
Share price performances of technology
and tech-related companies were mixed
yesterday on Bursa Malaysia. Inari and MPI,
which have fallen off from their five-year
highs of RM3.63 and RM10.15 in January,
were among the top losers.
Year to date, Inari and MPI have fallen
16% and 21% respectively.
In contrast, KESM Industries Bhd, whose
net profit jumped 4.38 times y-o-y to RM7.57
million in its third quarter ended April 30
(3QFY16), was the second top gainer yesterday. The counter gained 30 sen or 6.2%
to RM5.15.
Worldwide semiconductor revenues
Year-to-Year percent change
Billions/$
Revenue
Y/Y % change
35
80
30
60
25
40
20
20
15
0
10
-20
April ’16 = -6.2% Y/Y
5
-40
-60
0
’96
’98
’00
’02
’04
’06
January
Source: WSTS
’08
’10
’12
’14
’16
1 0 P R O P E RT Y S NA P S H
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
T
FREE
transaction
data
latest
classified
listings
news
analytics
trend
analysis
and more
Source: TheEdgeProperty.com
What’s hot in Kota Damansara?
• Today, we look at price growth and indicative rental yields for nonlanded homes in Kota Damansara. From the analysis of transactions by
TheEdgeProperty.com, the average transacted price for non-landed homes in
the secondary market was RM382 psf in 1Q2015.
• Buoyed by increasingly upscale developments such as Sunway Nexis and
Cascades, capital values have appreciated moderately. The highest relative
growths can be observed at the low-cost segment, such as at Gugusan Seroja
(25.3%), Gugusan Semarak (15.6%) and Gugusan Teratai (11.9%), where capital
values began at a lower base.
• Within the medium-cost segment, the highest growths can be observed at
Pangsapuri Carlina, where the average price grew 20.4% y-o-y to reach an
average of RM342 psf in the 12 months to 1Q2015. Situated in Section 5, this
project is located close to AEON Big Kota Damansara and the commercial
centres at The Strand and Dataran Sunway.
• The highest indicative rental yields as observed from asking rentals can also
be seen at Palma Perak & Puteri (6.4%) and Pangsapuri Carlina (5.5%). Typical
3-bedroom units here fetch up to RM1,300 monthly rent. Rental yields here are
elevated due to the efficient unit sizes and the lower capital base.
• Projects that cater to the student population also see an active rental market
such as Casa Residenza (5.3%) and Cova Villa (5.0%).
• The upcoming MRT stations at Kota Damansara and Surian are expected to raise
rental interest especially among those who appreciate the convenience of living
close to commercial centres.
• Among properties located closest to these stations are Casa Residenza, Gugusan
Mawar, Gugusan Melati, I Residence and Sunway Nexis.
Kota Damansara top 5 condominiums/apartments
by average price annual growth
Source: TheEdgeProperty.com
Kota Damansara 5 condominiums/apartments in USJ with highest indicative asking rental yield
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.
Hua Yang’s lakeside homes receive CCC
BANDAR UNIVERSITI SERI ISKANDAR (Perak): Hua Yang Bhd has obtained the certificate of completion
and compliance (CCC) for D’ecolake, its residential project in Bandar Universiti Seri Iskandar (BUSI),
Hua Yang’s fast-growing 777-acre
(314ha) township in Perak.
Located next to a 98-acre natural lake, this gated community offers 32 units of two-storey semi-detached homes (Irdora) and 25 units
of two-storey bungalows (Kamelia).
BUSI, Hua Yang’s first integrated
township project, has grown since its
development began in 1991. Today,
the development boasts a population of 42,000 and is known as one
of the fastest-growing townships
in Perak.
Along with D’ecolake, which has
an estimated gross development
value (GDV) of RM31 million, Hua
Yang’s projects in the Northern region contributes approximately 21%
to its revenue total.
Hua Yang’s assistant general
manager Tony Ng said: “Hua Yang
has a long-standing history in Perak
and over the years, we have seen its
strong potential for development.
Our projects in the northern region
have benefitted from the overall
growth of Perak, and we believe
D’ecolake will not be an exception.
With its strategic location and excellent connectivity, we are optimistic
MOST READ ON
TheEdgeProperty.com
Property slowdown
may not be just a
sectoral problem
01
that this project will contribute positively to the Group’s (Hua Yang)
revenue.”
BUSI is an integrated township
with a total GDV of RM1.1 billion.
It is strategically located midway
between Ipoh and Manjung with
excellent accessibility via the Ipoh-Lumut Highway.
BUSI is also surrounded by
amenities including a Tesco superstore, KFC drive-through restaurant, major universities (Universiti
Teknologi Mara and Universiti Teknologi Petronas), a police station,
wet market, schools, banks and bus
station terminals. A Perodua 3S centre and a Mydin hypermarket are expected to begin operations in 2017.
A modern lifestyle
development by the
Yarra River
Influx of high-rise
properties likely to
cap prices in Penang
High Court allows
EKVE developer to be
intervenor
02
01. Aerial view of D’ecolake
02. Kamelia, the two-storey bungalows at D’ecolake
BOVAEA: Bogus
property agent
risking people’s life
savings
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
B R O K E R S’ C A L L 11
O&G firms on a
quest to reduce
operating cost
Coastal’s shipbuilding ops facing
margin pressure
Coastal Contracts Bhd
(June 8, RM1.58)
Maintain market perform with an
unchanged target price of RM1.61:
We came away from the group’s briefing feeling largely neutral as enquiries by clients about vessel delivery
deferrals and price reduction are
no surprise to us under the current
weak environment. Its shipbuilding
business continues to face margin
pressure amid slower vessel sales.
No progress on new projects amid
weak operating environment despite
oil prices rebounding to above US$50
(RM203) per barrel. We understand
that its first jack-up gas compression
service unit (Jugsu) to Pemex has
been successfully hooked up and will
proceed to commissioning stage in
Mexican waters. However, Coastal
has already started recognising the
bareboat charter income in the three
months ended March 31, 2016, by
billing its Mexican counterpart. We
believe the revenue recognised will
remain as receivables until Pemex
successfully hits first gas, which is
targeted by next month. In addition
to that, Coastal is in the midst of renegotiating its Jugsu’s charter rates
with Pemex at a discounted quantum of single-digit percentile ranges.
During the quarter, Coastal received requests from clients to defer
vessel delivery for six to 12 months
and to reduce selling prices. This
Coastal Contracts Bhd
FYE JUNE (RM MIL)
Turnover
Ebit
PBT
Net profit (NP)
Core NP
Consensus (NP)
Earnings revision
EPS (sen)
EPS growth (%)
NDPS (sen)
NTA/Share (RM)
BV/Share (RM)
PER
Price/NTA (x)
Net gearing (x)
Dividend yield (%)
2016E*
2017E
2018E
1,945.2
198.4
196.6
186.8
186.8
196.0
-6.1
35.1
-2.1
5.3
3.0
3.0
4.5
0.5
0.3
3.4
724.2
98.0
122.0
114.5
114.5
120.0
-16.3
21.5
-38.7
0.0
3.2
3.2
7.4
0.5
0.1
0.0
681.0
78.0
106.4
99.5
99.5
113.75
New
18.7
-13.1
0.0
3.3
3.3
8.4
0.5
-0.1
0.0
*FY16E consists of 18 months as the company has changed its financial year end from December to June.
Source: Kenanga Research
came as no surprise to us as the industry continued to be overshadowed by the vessel oversupply issue
resulting from low offshore activities.
In our view, Coastal most probably
will allow these deferrals without
any substantial penalty in order to
preserve client relationships. On the
other hand, Coastal also has no intention to take delivery on the second jack-up rig, unless it manages
to secure a contract.
Given the quiet offshore support vessel market amid the industry downturn, its current order book
of RM1 billion is likely to last until
the second half of 2017. Balance
sheet-wise, Coastal is back to minimal net gearing of 0.04 times from
a net cash position of RM34 million
in the fourth quarter of 2016. It is still
healthy as compared with the industry average of 0.53 times. — Kenanga
Research, June 8.
Unisem to see higher orders from key customers
Unisem (M) Bhd
(June 8, RM2.38)
Maintain buy with an unchanged
target price (TP) of RM2.85: The
group has clearly benefited from
rising adoption of wafer-level
chip-scale packaging (WLCSP) in
smartphones, as evidenced by an
increased contribution from WLCSP
that now forms 33% of sales. The
strong growth was largely driven
by its two key customers, Skyworks
and Qorvo, which supply radio frequency (RF) components to smartphone makers.
Its margins have also improved
considerably over the years as
low-margin legacy packages continue to trend down while there is
a strong pickup in WLCSP. Besides
the shift in product mix, margin improvements were also partly driven
by better production efficiency and
the stronger US dollar.
We believe the group is quite
comfortable that it will be seeing
higher orders from its two key customers in financial year ended Dec
31, 2016 (FY16) as new design win
for RF components has likely been
firmed up by now.
The company currently trades at
Unisem (M) Bhd
FY DEC (RM MIL)
2015A
2016F
2017F
2018F
Revenue
Ebitda
Pre-tax profit
Net profit
Net pft (Pre ex.)
Net pft gth (Pre-ex) (%)
EPS (sen)
EPS pre ex. (sen)
EPS gth pre ex (%)
Diluted EPS (sen)
Net DPS (sen)
BV per share (sen)
PER (x)
PE pre ex. (x)
P/Cash flow (x)
EV/Ebitda (x)
Net dividend yield (%)
P/Book value (x)
Net debt/Equity (x)
ROAE (%)
1,260
355
173
156
156
156.9
21.2
21.2
136
21.2
10.0
184
11.1
11.1
5.2
4.8
4.3
1.3
Cash
13.1
1,398
367
185
166
166
7.0
22.7
22.7
7
22.7
15.0
192
10.4
10.4
5.1
4.3
6.4
1.2
Cash
12.1
1,420
369
190
171
171
2.8
23.3
23.3
3
23.3
16.0
199
10.1
10.1
4.9
3.9
6.8
1.2
Cash
11.9
1,422
362
199
179
179
4.9
24.4
24.4
5
24.4
16.0
208
9.6
9.6
5.0
3.6
6.8
1.1
Cash
12.0
Oil and gas sector
Negative for upstream, positive for
downstream: Brent crude oil price
has staged a significant rebound of
approximately more than 41% year
to date (YTD) to reach a 2016 high
of US$51.44 per barrel (RM208.85).
The average Brent price YTD currently stands at US$39 per barrel.
In view of the steeper-than-expected rise in Brent crude price, we are
revising our 2016 average Brent
price forecast upwards to US$45
per barrel from US$40 per barrel
previously.
Despite the steep increase in
crude oil price, we do not believe
that offshore activity contract values, charter rates or fabrication
rates will reach that of 2011 to 2014
levels when crude oil prices were
hovering above US$100 per barrel.
Even if oil prices were to sustain at
current levels and possibly trade
beyond US$50 per barrel for a prolonged period, it is likely that the
value of new projects, contracts and
charter rates would see a significant
decline in terms of value compared
to the glory days of US$100 oil. As
such, oil and gas service providers
would need to adjust their respective cost structures to be in line with
the new norm in revenue in order
to preserve profit margins and remain profitable.
In a bid to reduce overall operating cost, oil majors such as Petroliam Nasional Bhd (Petronas) have
been aggressively reducing operating cost both internally and externally via their vendors. Dubbed
Coral 2.0, Petronas is focused on
reducing cost via three value levers
namely: i) proactive demand management; ii) spend consolidation;
and iii) driving innovation. Petronas targets to achieve an annual
cost saving of between RM4 billion and RM7.5 billion before or by
the end of the next five years. The
effects from this cost-saving campaign have been felt across local
oil and gas service providers. This
is evident from reducing revenue
for most offshore service providers
in the past many quarters.
In tandem with decline in reve-
nue, oil and gas service providers
would need to reduce their operating cost to maximise the overall efficiency in maintaining their profit
margin and sustaining profitability.
The efficiency ratio or operating
cost-to-revenue ratio measures how
much is spent to earn RM1. Hence,
the lower the ratio the better — or
the more stable the ratio in relation
to declining revenue the better.
Should oil prices be able to
breach higher sustainable levels
in the future, we opine that companies which were able to efficiently
manage cost in a low oil price environment could benefit the most.
We have measured the operating
efficiency of a selected number of
oil and gas service providers listed
on Bursa. In times of declining revenue, companies such as SapuraKencana Petroleum Bhd, Gas Malaysia Bhd, Petronas Chemicals Group
Bhd, Petronas Gas Bhd, Destini
Bhd, Deleum Bhd and KNM Group
Bhd have displayed the ability to
maintain or decrease their operating cost in relation to declining
revenue. Incidentally, SapuraKencana, Gas Malaysia and KNM
remain our top Buys for the sector.
These companies have displayed
competent managerial skills in reducing overhead cost, reducing
redundancies (both personnel as
well as operations), reducing wastages and have displayed efficient
capital and working asset management. Based on the effectiveness
of company management to synchronise and rationalise operating
cost in tandem with revenue, we
maintain our “buy” recommendations on SapuraKencana (buy,
target price [TP]: RM2.72), Gas Malaysia (buy, TP: RM2.92) and KNM
(buy, TP: 59 sen). As we are positive on the downstream segment
of the oil and gas value chain, we
prefer stocks with Petronas’ refinery and petrochemical integrated
development project exposure. We
are recommending downstream
specialty companies such as KNM
and Muhibbah Engineering (M)
Bhd (buy, TP: RM3.05). — MIDF
Research, June 8.
Source: Company, AllianceDBS Research, Bloomberg Finance LP
an attractive valuation of 10.4 times
Our TP is pegged at 1.5 times of
of FY16 forecast price-earnings ratio FY16 P/BV, which implies 12.6 times
(PER) and 1.2 times of FY16 price- of FY16 PER with 12% return of eqto-book value (P/BV).
uity. — Alliance Research, June 8.
In times of declining revenue, companies such as Petronas Chemicals Group and
Petronas Gas have displayed the ability to maintain or decrease their operating cost in
relation to declining revenue. The Edge file photo
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
12 B R O K E R S’ C A L L
Muhibbah sees chance
to expand shipbuilding
Muhibbah Engineering (M) Bhd
(June 8, RM2.26)
Maintain add with an unchanged
target price (TP) of RM2.96: We
followed up with Muhibbah Enginnering (M) Bhd’s management after
the announcement that the group
had signed a 500-acre (202ha) land
deal with the Pahang state government for the development of the
Kuantan maritime hub.
Muhibbah’s acquisition cost of
RM26.5 million for the land works
out to be RM1.22 per sq ft (psf )
and can be considered cheap as it
excludes reclamation costs. It is a
greenfield waterfront land located south of Kuantan Port and the
Malaysia-China Kuantan Industrial
Park on the east coast of Peninsular Malaysia.
This move gives Muhibbah a
chance to expand its shipbuilding, repairs and major fabrication
works similar to its about 80-acre
site in Teluk Gong, Klang.
In the announcement, the group
said this move enables it to scale
up its maritime and fabrication
capacity. The focus will be less oil
and gas-centric, and a shift to fabrication and vessel building demand
from the commercial, security and
defence sectors.
The group is likely to only utilise
30% to 40% of the land size for this
purpose, suggesting other potential
revenue streams.
Vessel building and fabrication
have always been one of the group’s
A view of
Muhibbah
Engineering’s
80-acre site
in Teluk Gong,
Klang.
Muhibbah Engineering (M) Bhd
FYE DEC (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
1,693
170.3
81.6
0.17
(4.2)
13.00
0.040
1.77
9.85
3.21
73.8
na
13.5
-
1,599
185.8
85.6
0.18
4.9
12.39
0.050
2.21
8.75
3.59
65.0
na
13.3
-
1,988
248.4
98.7
0.21
15.3
10.75
0.055
2.43
6.57
3.29
59.0
na
15.2
0.79
2,187
273.2
112.8
0.24
14.4
9.40
0.060
2.65
5.81
2.54
51.9
40.14
16.9
0.95
2,406
253.9
129.6
0.28
14.8
8.18
0.060
2.65
6.09
2.40
45.6
10.91
18.3
0.97
Source: Company data, CIMB forecasts
areas of core expertise. Hence, this
Our forecast of one to two vessel
new land deal is good news and orders per annum could be conprovides greater conviction to this servative if a similar RM92 million
segment’s turnaround.
single vessel order from the ma-
rine department secured in late
February accelerates in the next
18 months.
Our current forecast segmental
profit of RM20 million to RM27 million could double if the group secures two to three more high-margin orders.
If vessel building profit hits a historical high of RM50 million to RM60
million, similar to the financial year
ended Dec 31, 2012 (FY12), this
may raise FY16 to FY18 earnings per
share by 8% to 9% and revalued net
asset valuation (RNAV)/TP by up to
6%, by our estimates. This excludes
other longer-term revenue streams
from the 500-acre land.
We also have not factored the
500-acre land into our RNAV pending more details on the reclamation,
which could incur additional costs
of RM10psf to RM15psf or RM100
million to RM200 million in capital
expenditure assuming 50% of the
500-acre land is reclaimed.
We think new vessel orders from
the marine department/security
may gain momentum and provide
scale for expansion to utilise the
new 500-acre land. This adds to
the positive job flow outlook in the
second half of 2016, underpinned
by potential infra wins, including
the refinery and petrochemical
integrated development project.
The counter remains our preferred mid-cap given its attractive
valuations and turnaround story.
— CIMB Research, June 7
Tougher road ahead for UEM Edgenta
UEM Edgenta Bhd
(June 8, RM3.40)
Downgrade to hold with a lower
target price (TP) of RM3.87: We recently met up with UEM Edgenta Bhd
chief executive officer Azmir Merican
to gather some updates. We gathered
that profit before tax margins for Opus
(asset consultancy) were razor thin at
0.8% in the first quarter ended March
31, 2016 (1QFY16) due to continued
drags in Canada and Australia.
Despite the rebound in oil prices
(Brent +81% since mid-Jan), the management highlighted that geotechnical surveys on the TransCanada
Pipeline have yet to see a significant
pickup in work activity.
While the outlook in Australia
remains weak, the management
feels this may have bottomed out,
but guidance on an outright recovery is uncertain.
In FY15, UEM Edgenta took a
RM36 million goodwill impairment
on its Canadian subsidiary, Opus
Stewart Weir Ltd (OSW).
Given the continued weak performance of OSW, the management
does not rule out another round of
impairment this year should conditions not improve. As of end-FY15,
the goodwill attributed to OSW sit-
UEM Edgenta Bhd
FYE DEC (RM MIL)
Revenue
Ebitda
Ebit
Profit before tax
Core Patami
vs Consensus (%)
Core EPS (sen)
PER (x)
Net DPS (sen)
Net dividend yield (%)
BV per share
P/BV (x)
ROE (%)
Net gearing (%)
2015
2016F
2017F
2018F
3,123
396
331
320
206
24.8
14.5
15.0
4.2
1.61
2.2
16.5
Cash
2,883
338
275
270
190
(14)
22.8
15.8
14.0
3.9
1.70
2.1
13.8
Cash
2,943
383
319
314
220
(12)
26.4
13.6
16.2
4.5
1.81
2.0
15.1
Cash
2,976
419
349
344
241
(25)
28.9
12.4
17.7
4.9
1.92
1.9
15.5
Cash
Source: HLIB Research
ting in UEM Edgenta’s balance sheet
amounted to RM127 million.
In April, UEM Edgenta’s parent
company UEM Group Bhd was appointed the project delivery partner
for the Sabah portion of the Pan
Borneo Highway with a 20% stake.
UEM Edgenta is eyeing several
works associated with the Pan Borneo Highway from its parent company which includes: i) consultancy
services via Opus; and ii) road pavement works (during construction)
and highway maintenance (once
completed) via Projek Penyelenggaraan Lebuhraya Bhd (Propel)
The Pan Borneo Highway rollout is much needed to fill in the
project gaps at Propel, following
the completion of the North South
Expressway’s fourth lane widening
in July last year.
Nonetheless, a timing gap is inevitable as we expect any significant
work on the Sabah Pan Borneo Highway to only commence next year.
UEM Edgenta completed the acquisition of its 80% stake in KFM
Holdings Sdn Bhd in April. This will
partially help to offset (by roughly
30%) the loss of earnings from its
reduced stake in east Malaysia’s
hospital concession (no more subcontract from FY16 onwards).
We cut FY16 to FY18 earnings
by 9%, 8% and 4% respectively after imputing: a) slower recovery in
Canada and Australia for Opus; and
b) timing gap for projects at Propel.
While we like UEM Edgenta’s
cash-flow generating capabilities,
the lack of upside catalysts coupled with further impairment risks
prompt us to downgrade our rating.
Apart from the earnings cut, we
also adjust our sum-of-parts based TP
downwards from RM4.30 to RM3.78
which reflects: 1) the larger share base
from the acquisition of KFM, which
is partially offset by its valuation inclusion into our model; and 2) lower
price-earnings ratio target for Opus
from 15 times to 12 times in view of the
challenging landscape. — Hong Leong Investment Bank Research, June 8
Near-term
earnings risk
to remain high
for hospital
operators
Healthcare sector
Maintain neutral: Despite our
conservative stance on the sector,
we think there is still value within
Malaysia’s healthcare sector. Take
KPJ Healthcare Bhd for instance.
While its earnings are mostly derived from Malaysia, it has posted
robust earnings growth over the
past two years.
The stock continues to trade
at huge discounts to its regional
peers despite its structural earnings
growth as its hospitals continue to
mature. Thus, the stock has been
sorely overlooked despite its robust
earnings growth.
Overall, hospital operators’ results are coming in decent. IHH
Healthcare Bhd (IHH) posted tepid
core earnings growth of 5% yearon-year (y-o-y) in the first quarter
ended March 31, 2016 (1QFY16),
while KPJ recorded a solid growth
of over 18% y-o-y.
We expect near-term earnings
risk to remain high for hospital operators, especially for IHH.
The latter’s ability to pass on
incremental costs is limited by
the poor economic backdrop in
its home markets, while it faces
earnings drag from its recently acquired Indian assets and new hospital openings in 2015.
We expect margin pressure to
remain ahead of the Gleneagles
Hong Kong opening sometime in
1QFY17.
However, the pharmaceutical
players continue to disappoint.
Hovid Bhd’s poor performance was
attributed to currency volatility as
its product prices failed to outweigh
higher input costs.
While this should improve once
the ringgit stabilises, we believe
near-term risks are inherent in view
of the US Federal Reserve’s possible rate hike and other external
uncertainties.
Caring Pharmacy Group Bhd
once again posted weak earnings.
We believe the protracted industry
restructuring would continue to be
a bane for Caring.
We slashed our FY16F to FY17F
(forecast) earnings for Hovid by 43%
per annum to reflect the poor ninemonth FY16 performance, as we
err on the side of caution amid the
uncertainty in the global economy
and volatile currency movements.
We also downgraded Hovid to
“sell” from “neutral” with a new
discounted cash flow (DCF) derived TP of 35 sen.
Meanwhile, we cut Caring’s
FY16F to FY18F earnings by 255%
on lower margins assumption. This
is in the wake of its dismal 3QFY16
results, in which core earnings contracted 79% y-o-y to RM1.6 million
despite a steady 10% y-o-y revenue
growth to RM103 million.
Despite lowering our earnings,
we retain our RM1.35 DCF-derived
TP as we roll our valuation one-year
forward. We reiterated a “sell” on
Caring. — RHB Research Institute,
June 8
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
H O M E 13
Set up registry for sex
offenders, says expert
‘Establish
coordinated
responses
between criminal
justice systems’
So that they can be closely monitored and prevented from repeating their offences
KUALA LUMPUR: The setting up of
a sex offender registry will enable
authorities to monitor the movement of sex offenders and address
increasing cases of child abuse,
said an expert.
Universiti Sains Islam Malaysia (USIM) Faculty of Syariah
and Law dean, Dr Syahirah Abdul Shukor, said with the current
technology, it was crucial for not
only childcare centres and organisations, but also the community (in the housing area) to
have a database to screen those
intending to work with children.
She said potential applicants for
a job should be screened and identified by employers on whether they
were linked to any sexual offence.
“By having sex offenders and
predators recorded in a register,
they can be closely monitored,
tracked and prevented from repeating their offences,” she told
Bernama when contacted here
yesterday.
Recently, paedophile Richard
Huckle was given 22 life sentences
by a court in London for sexually
Over 150,000
refugees,
asylum seekers
in Malaysia
Fulfil polls pledges, says Taib
KUALA LUMPUR: As of April-end,
there were 154,140 refugees and
asylum seekers registered with the
United Nations High Commissioner
for Refugees (UNHCR) in Malaysia.
UNHCR representative in Malaysia, Richard Towie, said the majority of them were from Myanmar.
A total of 139,780 refugees and
asylum seekers were from Myanmar, with the rest coming from Sri
Lanka, Pakistan, Somalia, Syria,
Iraq, Iran, Palestine and other nations, he said.
He said this at a press conference
after attending the launch of Odysseys: A Photographic Exhibition of
the Asia and Europe Refugee Crises
organised by Agence France-Presse
here yesterday. — Bernama
KUCHING: Sarawak Yang Dipertua
Negeri Tun Abdul Taib Mahmud
opened the first session of the 18th
state legislative assembly yesterday,
advising the state government under Chief Minister Tan Sri Adenan
Satem to fulfil all promises made
in the recent state election.
He said the people were hopeful
that the Barisan Nasional government would keep the promises it
had made in its election manifesto.
“The Barisan Nasional manifesto,
which is comprehensive, touched
on various aspects, including socio-economic development, environmental conservation, as well as
protecting the rights of the Sarawak
people in Malaysia,” he said.
The people, he said, need the
government’s support to overcome
the various issues and challenges
in their daily life.
Abdul Taib said close relationship between the Sarawak and
violating 23 children and babies
in Malaysia, as well as children in
Cambodia for almost a decade.
Reuters reported that Huckle, 30,
would be in jail for at least 23 years
for the crimes he committed on
children aged between six months
and 12 years, who were from poor
families in Kuala Lumpur.
Huckle pleaded guilty to 71 offences and police found more than
20,000 pornographic images of children in his computer and camera
when he was arrested at Gatwick
Airport in London in 2014.
British media reported that
Huckle, a freelance photographer,
had abused up to 200 children aged
between six months and 12 years
from 2006 to 2014.
Dr Syahirah, who has been conducting research on children sexually abused via the Internet since
2005, by comparing the legal approaches under United Kingdom
and Malaysian laws, said rehabilitation programmes for sexual offenders should also be emphasised
and given priority so that they could
improve themselves. — Bernama
Abdul Taib (right) sharing a light moment with Adenan after opening the 18th state
legislative assembly yesterday. Photo by Bernama
federal governments is crucial to
ensuring that Sarawak continues
to develop.
He said Sarawak still needed
special attention from the federal
government, especially in terms
of providing infrastructure for the
people, like roads, water and electricity supply, health facilities and
education. — Bernama
KUALA LUMPUR: The United Nations Children’s Fund
(Unicef ), together with the
WePROTECT Global Alliance,
is calling on national governments to establish coordinated
responses between criminal
justice systems, to better protect children from online sexual
abuse and exploitation.
The systems should include
law enforcement, child welfare,
the education, health and information and communications technology (ICT) sectors,
as well as civil society, Unicef
said in a statement.
“When young people, governments, families, the ICT sector and communities work together, we are more likely to
find the best ways to respond
to online sexual abuse and exploitation.
“This will send a strong message that confronting and ending violence against children
online — indeed anywhere
— is all of our business,” said
the Unicef associate director
of child protection, Cornelius
Williams.
Citing a new Unicef study on
“Perils and Possibilities: Growing Up Online”, Williams said
that although the Internet and
mobile phones had revolutionised young people’s access to
information, the report, however, showed the real risk of
online abuse for girls and boys.
“Globally, one in three Internet users is a child. Today’s
findings provide important
insights from young people
themselves.
“Unicef aims to amplify adolescents’ voices to help address
online violence, exploitation
and abuse, and make sure that
children can take full advantage
of the benefits the Internet and
mobile phones offer,” Williams
said. — Bernama
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T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
14 H O M E
Rebranding of Sungai Perak
adds to beauty of royal town
Plans to include business and handicraft complexes, recreational centre
KUALA KANGSAR: Plans to redevelop the banks of the Sungai Perak will
make it a landmark and attraction
in the royal town of Kuala Kangsar.
Kuala Kangsar Municipal Council (MPKK) president Shahrom Abd
Malik said the rebranding of the area
would make it a more attractive tourist destination upon building a more
modern business complex, cultural
centre and recreational centre.
He said the plans included construction of a business complex,
grand bazaar, culture and handicraft
complex, Wisma MPKK, municipal
field, Sungai Perak riverbank public
park and a multi-storey car park on
a 6.4ha piece of land.
Speaking to Bernama here yesterday, he said the grand bazaar and
five-storey business complex with
parking bays were estimated to cost
RM30 million. “The grand bazaar
will also have business outlets which
could be rented by local traders to sell
their products,” he said.
Shahrom said the cultural and
handicraft complex, estimated to be
built at a cost of RM10 million would
serve to market local products such
as handicrafts and works of art.“These
development plans have been submitted to the federal government,
pending allocations,” he said, adding
that the first phase was planned to be
developed within five years.
Currently, the area has stalls, a
mini eatery, Arena Square, a cendol
and laksa complex, urban park, public square and the Sungai Perak jetty.
Shahrom said with the development, all premises and parks would
be redeveloped in a more structured
and attractive manner. On the planning for the development of the recre-
ation park, he said Sungai Perak was
an attraction and the recreational
facilities would be built around the
concept of a riverfront.
“The development includes the
urban park and a culture area in Kuala
Kangsar town and the Seberang Sayong Sungai Perak reserve area up in
front of Istana Iskandariah.”
Shahrom said various facilities
would be provided at the park, including a bicycle track, pedestrian
walk, rest huts, sitting areas, a square,
as well as toilet facilities and park
lights. — Bernama
BN women
pitch in for
Sungai Besar
candidate
SUNGAI BESAR: More than 1,000
women members of Barisan Nasional
(BN) component parties from around
the country are helping to campaign
for BN candidate Budiman Mohd
Zohdi in the Sungai Besar parliamentary by-election.
Wanita Umno vice-chief Datuk
Azizah Mohd Dun said yesterday
they were making door-to-door visits
and using other approaches to talk
to the voters.
“Insya Allah (God willing), we will
be able to meet all the voters. We believe we can retain the seat for the
BN,” she told reporters after handing
over welfare monthly aid to 30 people
from the Sabak Bernam district here.
The by-election is a three-cornered
contest among Budiman, who is the
state assemblyman for Sungai Panjang, Meru state assemblyman Dr
Abdul Rani Osman of PAS, and Parti Amanah Negara candidate Azhar
Abdul Shukur, who is representing
Pakatan Harapan.
The by-election is being held following the death of the member of
parliament Tan Sri Noriah Kasnon,
in a helicopter crash in Sarawak on
May 5. Addressing the gathering earlier, Azizah, who is deputy minister
of women, family and community
development, said the federal government spent RM1.2 billion annually on the people’s welfare.
“The biggest allocation of welfare
aid in Selangor and Sungai Besar is
from the federal government. We
(BN) do not oppress the people (although they are under opposition
administration) because we are concerned about their welfare wherever
they may be,” she said.
Azizah hailed the late Noriah as
an elected representative, who had
worked hard and showed great concern about the welfare of her constituents. — Bernama
RAMADAN CHEER … Wanita Umno chief Tan Sri Shahrizat Abdul Jalil (centre) posing with orphans following prayers at
Masjid Rizwaniah in Ipoh yesterday. Some 100 children from the Bukit Chandan and Manong state constituencies received gifts for
Ramadan during the programme. Photo by Bernama
MCA met 40% of Sg Besar Chinese
SUNGAI BESAR: MCA has reached
out to about 40% or more than 5,000
Chinese voters in Barisan Nasional’s (BN) campaign for the Sungai
Besar parliamentary seat by-election on June 18.
The Sungai Besar constituency,
located in the Sabak Bernam district,
has 13,094 Chinese voters from a total of 43,655 voters in the state seats
of Sungai Panjang and Sekinchan.
MCA Youth chief and MCA Sungai Besar by-election committee
director Senator Chong Sin Woon
said in the past four days they had
been conducting face-to-face and
house-to-house campaigns apart
from holding small-scale people’s
programmes.
He said the response and support shown by Chinese voters to
the BN candidate had been positive
compared with the situation in the
13th general election.
“If in the past, the reception was
cold and some voters even refused
to shake the hand of the candidate,
the Chinese voters’ reaction to the
BN candidate Budiman Mohd Zohdi
is much warmer as he is a local boy
and is frequently seen in the area.
“Generally, voters are familiar
with him and some even call him
by name. MCA has no problem
taking him to meet voters as he is
friendly and warm,” he told reporters after accompanying Budiman
to several temple areas in Sungai
Besar town yesterday.
In the upcoming Sungai Besar
by-election, Budiman will be challenged by Dr Abdul Rani Osman
of PAS and Parti Amanah Negara’s
Sungai Besar chief Azhar Abdul
Shukur. — Bernama
CCTV images of six men together in Morais’ case
KUALA LUMPUR: Footages of a
closed circuit television (CCTV)
recording that was screened in the
High Court here yesterday showed
images of six men gathering at a
restaurant and a hotel two days
before deputy public prosecutor
Datuk Anthony Kevin Morais was
found dead last Sept 4.
Analyst at the audio video investigation unit, forensic labora-
tory of the Royal Malaysia Police
in Cheras, Inspector Mior Samsul
Abdul Rahman said the images of
the six men were recorded through
the CCTV in Restoran Syed Bistro
and Hotel New Town, Petaling Jaya.
He said the footage of the CCTV
recording was obtained to identify
the suspects.
Questioned by deputy public prosecutor Masri Mohd Daud
during examination-in-chief, Mior
Samsul confirmed that the six men
had gathered at the restaurant between Sept 3 and 4.
Mior Samsul, 32, who is the 26th
witness, said the six men were also
seen in Hotel New Town, Petaling
Jaya, on the same day.
The hearing before Judge Datuk
Azman Abdullah continues on June
27 and 28. — Bernama
IN BRIEF
Kemaman flood
management system
gets UN recognition
KEMAMAN: The Kemaman
district flood management
system developed by the Malaysian Communications and
Mutimedia Commission has
earned the recognition of the
United Nations (UN). Air Puteh
State Assemblyman Wan Abdul Hakim Wan Mokhtar said
the integrated system enables
the authorities to monitor the
floods at all times. “Among
the five countries which developed the flood management
system, Kemaman district received attention and recognition by the United Nations. “I
received the certificate recently,” he told Bernama after distributing RM602,000 in aid to
flood victims here yesterday.
— Bernama
EC orders PKR to
remove party flags
in Kuala Kangsar
KUALA KANGSAR: The Election Commission (EC) has ordered PKR to remove the party’s flags put up along roads
in Kampung Senggang near
here. EC Perak director Ahmad
Adli Abdullah said yesterday
only parties contesting the
Kuala Kangsar parliamentary by-election were allowed to
put up their flags in the constituency. He said the EC would
remove such flags or campaign
material in accordance with
Section 24B(4) of the Election
Offences Act 1954. A check by
Bernama at 2pm found that the
PKR flags had been removed.
— Bernama
Kidnapped Malaysian
sailors freed, says Sulu
police chief
KOTA KINABALU: The four
Malaysian sailors who were
kidnapped by Abu Sayyaf militants on April 1, have been
freed, Filipino news portal
Philstar.com quoted Sulu police chief Senior Superintendent Wilfredo Cayat as saying
yesterday. It said they were
released at about midnight on
Tuesday, but did not give more
details. The portal also quoted
Western Mindanao Command
(Westmincom) spokesman
Major Filemon Tan Jr as saying the four Malaysians were
released early yesterday. —
Bernama
PKA concerned over
Customs information
system breakdowns
KUALA LUMPUR: The Port
Klang Authority (PKA) has expressed concern over the recurring breakdowns in the Customs
information system at Westport’s
Port Klang. In a statement yesterday, PKA said the system at Westport was down at 2am yesterday,
following which containers were
checked and released manually to reduce congestion. PKA
general manager Datuk Capt
David Padman said the issue
was beyond the control of the
authority and its terminal operator. — Bernama
T HU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
COMMENT 15
Hillary Clinton embraces being first
Expect her to run a solid, competent, capable — and very tough — campaign
BY JONAT HA N B ERN STEIN
H
illary Clinton has
made history, and
on Tuesday night she
traced out how she is
going to try to make
some more of it.
Victory speeches are easy. The
news is good, the room is packed
with enthusiastic supporters, the
campaign controls the visuals, and
the text is usually painstakingly massaged and managed, especially if
there is plenty of advance notice. And
the Clinton campaign has known for
weeks, maybe months, that tonight
would be the big night (despite the
Associated Press’s off-message ability
to call the nomination for Clinton on
Monday, thanks to a few super delegates who talked a bit too much).
So, yes, Clinton gave about as good
a speech as she can.
The emphasis was interesting.
Some “firsts” play down their accomplishments; Barack Obama, the first
black president, often (although not
always) took that path. On Tuesday
night, Clinton made her status as the
first female major-party presidential
Hillary Clinton takes Democratic nomination
President Barack Obama congratulated Hillary Clinton Tuesday for
clinching the presidential nomination
DEMOCRATS
2,383
Needed to ensure nomination
Total delegates
4,763
Ahead of June 7 primaries
Hillary Clinton 1,812
572
Bernie Sanders 1,525
1,572
2,384
Delegates won
Total with
super delegates
47
Source: CNN delegates tally
nominee central to her message.
That is probably smart. Her first
task now is to unify the party, and
most Bernie Sanders voters are feminists, even if they did not choose
to support her so far. Another is
to reach out to independents and
weak Republicans who are put off
by Donald Trump’s bullying tone
— many of whom are women.
And even for Democrats who
support her, emphasising the
chance to elect the first female
president might be a good way
to develop more excitement. This
is especially true for a candidate
who, after all, mostly promises to
continue the current administration’s policies, not a radical break.
The status quo is rarely exciting, so
Clinton reminds everyone that she
cannot possibly be the status quo.
The rest of her speech emphasised community and cooperation, set up as a sharp contrast to
Trump’s harsh and divisive rheto-
ric. Her tag line: “Bridges are better
than walls.”
Generally, candidates and their
campaigns are least important
in presidential general elections
(compared to primary elections or
down-ballot contests). Most voters
wind up supporting their party’s
candidate, even if they say they vote
the person, not the party.
See related story on Page 20
However, she is an excellent debater,
she handles one-on-one interviews
well, and by all reports she is good
with voters in small groups. And no
one earns the support of the vast
majority of party actors during the
invisible primary without being very
good at politics.
We will see whether Donald
Trump manages to run a competitive campaign or not. As of now,
the best guess is he will be worse
than a generic Republican — perhaps far worse. I think Clinton had
fewer high-level elected officials
from her party opposing her before Iowa than Trump does now,
weeks after his last competitor for
the nomination dropped out. That
may yet turn out to be important.
Whatever happens with Trump,
however, expect Hillary Clinton to
run a solid, competent, capable —
and very tough — campaign. And if
Republicans are smart, that is what
they will prepare for. — Bloomberg View
Whether her polling numbers said
Clinton was popular, as they did early in the campaign, or unpopular, as
they do now, I have always thought
she would perform as fairly close to
a generic Democratic candidate in
the general election. The only major
question is whether a woman as a
presidential candidate would be a
small boost or a small penalty, or (as
seems to be the case in lower-level
elections) if it would not make much
difference at all.
But make no mistake about it:
Hillary Clinton is an extremely skilled
politician. What she did on Tuesday
night, giving a speech to supporters, is Jonathan Bernstein is a Bloomberg
really where her talents are weakest. View columnist covering US politics.
Germany’s strange turn against trade
BY MARCEL FRATZSCHER
THE window of opportunity to
complete the Transatlantic Trade
and Investment Partnership (TTIP)
between the United States and the
European Union is closing quickly. National elections in the US,
France, and Germany will be held
this year and next, and the campaigns will play out in an environment that is increasingly hostile to
international agreements in any
form. The biggest risk might come
from the least likely source: Germany, an export powerhouse.
As it stands, some 70% of Germans citizens oppose the TTIP,
almost twice the average in other
European countries. They overwhelmingly believe that Germany
will not benefit economically, that
lower-skill workers’ wages will suffer, that large corporations will gain
power at the expense of consumers, that data and environmental
protection will be compromised,
and that citizens’ rights will be undermined.
But a slew of studies have proved
all of these claims to be overblown
or outright wrong. In fact, Germany
— whose economic progress since
the end of World War II has been
driven by its consistent openness
to international trade and economic integration, and which remains
one of Europe’s most open and
trade-dependent economies —
would be among the main beneficiaries of the TTIP.
It is projected that the TTIP
would raise annual per capita income in Germany by 1% to 3%, or
€300 to €1,000 per year by 2035.
Moreover, with nearly 50% of German jobs linked, directly or indirectly, to the tradable sector, the
deal would also help protect employment. And, by boosting the
ability of the US and Europe to set
global business standards, German
firms’ international competitiveness would rise. Not every individual or company stands to gain
from the TTIP, but the net effect on
Germany’s economy and citizens
would be clearly positive.
Why, then, do so many in Germany oppose the deal?
One reason is that Germany’s
apparent economic success has
increased aversion to change. The
country not only endured the global financial crisis of 2008-2009 and
the European sovereign debt crisis;
it has actually thrived in recent
years, experiencing robust gross
domectic product (GDP) growth
and impressive wage gains. The unemployment rate has been halved
since 2005, reaching a record low of
4.6% today, and its current-account
surplus has soared to a staggering
8% of GDP.
The sense of being Europe’s
economic superstar has generated
policy inertia, bringing the country almost to a complete standstill
on economic reforms. While most
other Europeans are desperately
looking for any opportunity to pull
their country out of crisis, Germans
see little reason to meddle with an
ostensibly prosperous status quo.
Unfortunately for Germany, its
current path is not as smooth and
secure as people like to think. In
fact, since its lost decade as the
“sick man of Europe” in the 2000s,
Germany has caught up with other
advanced economies in only some
areas. It still has one of the lowest
rates of public and private investments among countries, and will
be hit harder than most by a dramatic demographic shift over the
next decade. Beyond providing an
immediate economic boost, the
TTIP would help Germany weather
the longer-term challenges it faces.
Germany’s opposition to the
TTIP also reflects the recent surge in
populist and nationalist sentiment
in much of the Western world. The
appeal of such forces is particularly
pronounced in the EU, owing to the
popular perception that European
integration has weakened national
sovereignty and left citizens subject
to decision-making by unelected
technocrats. The last thing many
Europeans want is yet another set
of supra-national rules, formulated behind closed doors, governing
their economies.
This sentiment is especially
acute for Germans, who remain
bitter at, as they perceive it, having
been Europe’s paymaster during
the crisis. Some now fear that the
TTIP is just another trick, intended to take advantage of Germany’s
economic strength and generosity.
Overcoming this fear will be no easy
feat (see Figure 1).
A third reason for Germany’s
opposition to the TTIP is that the
country is already engaged in a
battle for wealth redistribution.
Germany currently has the highest
inequality in private wealth in the
eurozone, and it has experienced a
sharp increase in wage inequality
over the last two decades.
In fact, many Germans anticipate a further increase in inequal-
ity. Not only is the minimum wage
widely circumvented; some politicians have capitalised on fears
of the current influx of refugees to
win votes, claiming that openness
to foreigners will only make inequality worse.
Compounding Germans’ disillusionment is the sense — shared by
many in Europe and elsewhere —
that the system is “rigged.” Volkswagen managers received huge bonuses this year, despite the global
scandal caused by the company’s
years-long effort to evade emissions
standards. And the release of the
Panama Papers has revealed how
the wealthiest avoid paying taxes.
Claims that the TTIP would benefit primarily the wealthy have thus
struck a chord with labour unions
and others.
A trade-dependent economy
has much to gain from freer trade,
especially with a market as large as
the US. Germany should be using
its political clout to push its European counterparts to seal the
deal. Instead, with the popularity
of the country’s two largest political
parties, the Christian Democratic
Union and the Social Democrats,
falling fast, Germany’s leaders are
unlikely to push an unpopular deal.
That is bad news for everyone — especially Germans. — Project Syndicate
Marcel Fratzscher, a former head of
International Policy Analysis at the
European Central Bank, is committee chairman and president of the
think tank DIW Berlin.
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
16 FO CU S
T HU
The best
luxury sedan
still a BMW
03
It won’t make you stand out, but
it will serve you well
BY HA NN A H EL L IOTT
E
very test group needs a
control. That way any
divergence from the
standard can be detected and examined.
For luxury sport sedans,
that’s the BMW 3-Series. Ask virtually any car critic at a reputable publication, and they’ll agree. There’s
a reason one of every four BMWs
sold is a 3-Series — 94,527 in North
America alone last year.
BMW’s 2016 340i is a good example of why. The US$45,800
(RM185,948) sedan has a confident
and sure-footed suspension balanced by a light-on-its-feet steering
and six-speed transmission. (That
“i” used to stand for fuel-injected.
Now it differentiates between engine
and power variants.) Its three-litre
turbocharged engine has such a
healthy appetite for the road that it
resembles a young pup in the middle
of a growth spurt — the blooming
beast eats everything in sight. And
it’s wrapped in a body that looks
balanced across its shoulders, masculine across the front kidney grille,
and as appropriate for showing up
to a business meeting as it is for retrieving a first date.
Audi, Cadillac, Mercedes-Benz
and, in its own way, Porsche, have
been gunning for this top spot for
years. And they’ve produced very
good things, including the capable
Mercedes C Class (a jewel of a car),
the fresh, progressive Audi A4 sedan,
and a four-door version of the Cadillac ATS-V that has made massive
strides forward for the Detroit brand.
Each of those brings a twist to
the standard BMW set 40 years ago
when it started the line. Some have
offered improvements in efficiency
(Audi); others have advanced driving and crash-avoidance technology systems (Mercedes). But on the
whole they are just that — a twist.
However welcome and refreshing
it may be, if you want the four-door
luxury sedan experience, the one
that hits all the right notes for performance, design, trim and technology, get the BMW 340i.
Here’s why.
Behind the wheel
If and when you do buy the 340i, the
six-speed manual is the way to go.
(The eight-speed sport automatic
comes standard; all-wheel-drive and
manual gearbox cost extra.) You’ll
find its precise gearbox gets a full 30
miles per gallon (mpg) (12.75km per
litre [km/l]) on the highway; it’ll hit
60mph (100km/h) in 5.4 seconds.
Those figures beat the US$38,950
Mercedes C300 (34mpg; 6.2 seconds) and US$45,900 Audi A4 2.0
TFSI (33mpg; 6.1 seconds) for speed
but not efficiency. Pick your poison.
The new inline-six engine, which
gets 320 horsepower, is the only one
on web + mobile
01
01. BMW has been making the 3-Series
for 40 years. This is the sixth
generation of the car. Photos by
Bloomberg
02. Most of the changes to the 340i are
subtle. BMW has retained the trademark
kidney grille but enhanced the LED
headlights.
03. The 3-Series is by far BMW’s best-selling
model.
02
offered outside of the higher-tuned
M line (every other 3-series model
in the United States gets a turbocharged four-cylinder). Turn it on
and you’ll find its notes quiet, even
subdued. But the aggression through
fourth and fifth gears more than
make up for the reserve.
Under pressure the 340i responds
quickly and eagerly as you punch
the gas. The steering can feel faded around the edges — at least for
what you expect from BMW’s otherwise routine “ultimate driving machine” persona — but not enough
04. The interior of the 340i is minimal but
well done.
to sour me on the overall drive style
of the car.
In fact torque here is 330 poundfeet (447 newton-metre) — you feel
it right from first gear. And the entire chassis has been tightened a
bit over last year’s model to affect
an even sportier character (or so
BMW claims; it was imperceptible
to me). Top speed is 130mph.
point out revised air intakes and
augmented headlights across the
front that lighten the look a hair, as
well as L-shaped rear light-emitting
diode (LED) lights and turn indicators. BMW has added new wheel
and exterior colour options as well.
The company is right to keep
the size and shape of its unmistakable grille, the Bavarian Motor
Same handsome face
Works blue and white badge, the
The exterior of the new 340i remains LED headlights and fog lights, and
virtually unchanged for the new year, dorsal fin at top.
although the careful observer could
The 18-inch (46cm) double-spoke
Catch up on the
Top 5 news of the day.
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T HURSDAY J U N E 9 , 20 16 • T HEED G E FINA NCIA L DA ILY
FO CU S 17
the black and red “Dakota” leather
upgrade (US$1,450) and track handling package (US$1,700), which includes matte chrome exterior trim,
anthracite wood interior trim and
M Sport brakes, for the extra edge.
03
01
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mistor
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oke
04
alloy rims come standard; the brake
calipers on the brilliant red one I
drove carried the triple-line M badging. Pay attention and you can see
them flash through the spokes briefly — it’s like when you see the slip
of a silk lining in a bespoke suit or
the edge of a vintage Rolex under
a cuff. The hint of the right badge,
so to speak, lets others know you’re
in the club.
If I have one general complaint
about these sedans it’s that they’re
so good they’re ubiquitous at this
point. If you own one, it takes extra
effort to stand out. So I’d also choose
BMW’s standard interior
That same-same ubiquity extends
to the BMW’s interior geography.
Nothing new to see here, which isn’t
a bad thing exactly, but as a French
friend noted, that dashboard is starting to look a bit dull. The heads-up
display configuration could afford to
be slightly more streamlined as well.
Rain-sensing wipers, auto-dimming lights, keyless entry and the
power glass moon roof come standard. New material options like “black
Dakota leather” with blue stitching and additional chrome highlights, with a new sliding cover for
the cup-holders, do well to make it
look sleeker.
Otherwise, the headroom and
legroom embrace tall and small
drivers with equal magnanimity and
the rear seat does easily accommodate a third adult. (Not that anyone
wants to sit there, ever, except for
those odd ducks who like it because
it affords them an unobstructed view
straight ahead.)
The 340i is not as cushy on the inside nor as rounded on the outside
as the Mercedes C Class; it doesn’t
have the futuristic, fresh feel of the
Audi A4. If you want something
revolutionary, this isn’t the car for
you. And when BMW decides to
do a total update, it’ll have to press
hard to make something that looks
and drives in a bold new way. But
the 340i is done so well, with no
nonsense across its performance
and design, that, for now, the space
behind the wheel feels like home.
— Bloomberg
The Clio RS16, a new concept car
to showcase Renault Sport know-how
MONACO’S famous Grand Prix circuit was the site late last month for
a first look at the new concept car
driven by Renault Sport Formula
One Team’s Kevin Magnussen. By
choosing Monaco, Renault Sport
makes the link between Clio RS
16 around circuits and on ordinary roads.
“Our aim was to produce a concept car with genuinely outstanding
performance credentials,” notes
Patrice Ratti, managing director
of Renault Sport Cars, leader of the
project which particularly inspired
the development team’s specialists. “On paper, producing a Clio
RS powered by our most potent
engine — namely the 275-horsepower two-litre power unit, which
delivers peak torque of 360 newton-metres — was an extremely
appealing idea, but we had to make
sure it was feasible.”
Thanks to new working procedures involving teams from the
worlds of motorsport and road cars,
the incubation of the highest-performance road-going Renault Sport
car ever took just five months.
Finding the ideal way to house
the engine, transmission and cooling system of the Mégane RS 275
Trophy-R into the Clio RS 16 was a
significant challenge. The exhaust
system was also revised as a func-
The design and development team dealt successfully with the constraints inherent in
the Clio RS 16 project to produce an expressive, sporty stance. Photo by Renault
tion of the engine’s potential, while
the suspension was engineered
to match the car’s performance
characteristics. Careful attention
was paid to the sound produced
by the car, too, and an Akrapovic
twin exhaust system was selected.
The design and development
team dealt successfully with the
constraints inherent in the Clio RS
16 project (body widened by 60mm,
19-inch [48cm] wheels and optimisation of the engine cooling system)
to produce an expressive, sporty
stance. The result is enhanced by
a light-emitting diode RS Vision
chequered-pattern lighting signature featuring exclusive multifaceted reflector technology.
Renault Sport’s trademark Sirius yellow has been combined with
gloss black details to mirror the
livery of Renault Sport Formula
One Team’s RS 16 F1 single-seaters.
After the May 27 first public airing
in the streets of Monaco, the car’s
next official appearance will be
the Goodwood Festival of Speed in
West Sussex, the United Kingdom,
from June 23 to June 26.
The model features the new cushion-case design of the era, in steel at a very
wearable 42mm. Photos by Bloomberg
The model is a bit odd because of its Valjoux 7736 manual-winding movement..
A rare icon of 1970s racing
to wear on your wrist
BY J US T IN O C E A N
ALL watch brands have a signature watch: the Rolex Submariner, the Jaeger-LeCoultre Reverso,
the Audemars Piguet Royal Oak.
The Autavia is TAG Heuer’s, a
beloved racing watch from the
heyday of the Heuer solo brand.
The wristwatch began as a clock
for cars and planes (Autavia is a
portmanteau rendition of automotive and aviation), and by the
1970s it was an essential part of
the kit for race car drivers. This
was the golden age of Le Mans
and Steve McQueen, and Heuer
chronographs were in lockstep
with them in the glory of it all.
Despite all that, a 2003 reissue
wasn’t a success. While Monacos from the same era (and their
contemporary reissues) continue to go strong on the collector
market, the new Autavias were
off the market in two years. It
may have been the company’s
choice to adopt a fixed bezel, or
that the modern interpretation
with squared-off pushers, a new
logo, and not-quite-legit Caibre
11 movement just wasn’t special
enough. Why own a facsimile
when you can get the real thing?
Now you can. An Analog/Shift
find caught our eye this week: a
1972 Heuer Autavia ref 73663.
The model is a bit odd because
of its Valjoux 7736 manual-winding movement. After the company introduced the world’s first
automatic chronograph movement in 1969 (the Calibre 11), the
new technology quickly edged
out the manual winders. That’s
what makes this version all the
better for collectors: It’s a rarer,
more interesting outlier. Curiously, this would have been Heuer’s “budget” option back then,
or perhaps a military issue; the
accuracy and dependability of
the Calibre 11 movement was
still being put through its paces.
Aside from the movement,
everything is classic Autavia. The
model features the new cushion-case design of the era, in
steel at a very wearable 42mm.
Bevel edges are crisp and brush
marks are defined; the crown,
fluted pusher and case back are
all original. And yes, that Gay
Freres “Beads of Rice” bracelet
is still as timelessly swank as the
day it was released.
The panda dial comes in
“Siffert Colours” — white dial
with black registers and bright
blue accents — named after Swiss
Formula One star Jo Siffert. The
condition is superb, with even
patination across the luminescent plots. Which is all to say: This
is a pretty key find. With racing
season in full swing, there’s no
time like the present to have it
make a reappearance.
The Heuer Autavia ref 73663
is available from AnalogShift.
com for US$16,500 (RM66,990).
— Bloomberg
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
18 W O R L D B U S I N E S S
ECB buying corporate bonds
In the central bank’s latest effort to revive rock-bottom inflation
FRANKFURT: The European Central Bank (ECB) began buying corporate bonds yesterday, hoping
to convince companies to borrow
and spend, in its latest effort to revive rock-bottom inflation in the
eurozone.
Adding investment-grade euro
credit to its €1.74 trillion (RM8.04
trillion) of asset purchases, the ECB
hopes to cut borrowing costs even
more. That would give companies
Sainsbury’s
sees no let-up
in tough market
conditions
incentive to invest, fuelling faster
growth in the bloc, still struggling
to overcome the last stages of its
debt crisis.
The programme will face serious obstacles. The market for such
debt is worth €500 billion to €600
billion, but it is largely limited to
big companies in France and the
Netherlands.
They already enjoy easy access
to credit, so their interest in the
cheap cash may be limited.
Success will largely depend on
the ECB’s ability to attract new borrowers and on cheaper borrowing costs trickling down to weaker
economies like Italy’s and Spain’s,
where costs remain high.
“At this stage, the ECB itself is
probably not sure how much it will
be able to buy,” Deutsche Bank
analyst Michal Jezek said. “For example, we could see some strong
months with €9 billion to €10 billion of purchases and others, such
as August, with say €1 billion to €2
billion, with most months somewhere in between.”
Jezek expects record euro debt
issuance this year, with €250 billion in gross and more than €100
billion in net sales. About half the
net figure will come from eurozone
corporations, responding to the
ECB’s purchases. — Reuters
Ralph Lauren vows to make slowmoving brand more like H&M
BY STEP HANI E WO NG
LONDON: Sainsbury’s, Britain’s second biggest supermarket, yesterday reported a
drop in quarterly underlying
sales and cautioned that it did
not expect market conditions
to improve any time soon.
The firm, which in April
agreed a £1.4 billion (RM8.26
billion) takeover of Argos-owner Home Retail, said
sales at stores open over a
year fell 0.8%, excluding fuel,
in the 12 weeks to June 4, its
fiscal first quarter.
That was slightly better
than analysts’ average forecast of down 1.4%, but represented a step back from a rise
of 0.1% in the fourth quarter
of the supermarket’s last financial year, its first quarter
of growth in over two years.
“Market conditions remain
challenging. Food price deflation continues to impact our
sales and pressures on pricing
mean the market will remain
competitive for the foreseeable future,” said chief executive Mike Coupe.
He added that he still expected Sainsbury’s to outperform its major peers. —
Reuters
NEW YORK: Ralph Lauren Corp, the
nearly 50-year-old brand known for
preppy fashion and premium prices, is looking to operate more like
fast-fashion retailer H&M.
Chief executive officer (CEO)
Stefan Larsson, who previously
worked at Hennes & Mauritz AB
and Gap Inc’s Old Navy, is working
to get products through Ralph Lauren’s supply chain in nine months
— down from 15 months currently. The idea isn’t to match H&M’s
low prices, but to mimic its quick
reaction to fashion trends. As part
of the shift, the company will carry
less inventory, reducing the need
to discount clothing when it gets
out of date.
The change requires new thinking for a brand that has traditionally
planned out fashion lines well in
advance and then hoped that customers liked what they saw.
“We plan on a plan instead of
planning what actually performed
— that means we’ve got a mismatch
between demand and supply,” Larsson said during a presentation to
investors on Tuesday.
The supply-chain changes are
offering hope to investors during
a bleak year for Ralph Lauren. The
company expects sales to decline
Filepic of a customer entering a Ralph Lauren store in New York City. The company
expects sales to decline by a percentage in the low double digits in fiscal 2017, which
ends around March of next year. Photo by AFP
by a percentage in the low double
digits in fiscal 2017, which ends
around March of next year. Analysts had estimated a 4% drop on
average, according to data compiled by Bloomberg. But Larsson
expects Ralph Lauren to stabilise
in fiscal 2018, before emerging as
a streamlined organisation the following year.
While the company plans to rely
less on discounts, it has no plans
to stop selling to off-price channels
and will deepen its collaboration
with department stores, Larsson
said in a separate interview.
Larsson, who took the CEO reins
from the company’s namesake
founder in November, intends to
bolster both sales and profit margins by bringing clothes to market faster. The move is part of a
“Way Forward” programme that
includes slashing 1,000 jobs and
shutting down underperforming
stores. He’s also cutting three layers of management, while he has
made three new “strategic hires”,
which will be announced in the
near future. — Bloomberg
Shareholder ire at Tribune board is well earned
BY JEN N I FER SA BA
NEW YORK: Tribune Publishing’s
board gets an A-plus in testing the
patience of shareholders. More
than 40% of investors withheld
votes for the eight directors put
forward by the Los Angeles Times
publisher. That’s virtually unheard
of, especially when proxy advisers
like ISS favour the candidates.
As with other unlikely situations, such as Walt Disney’s investor revolt in 2004, the squeals of
jilted minorities can kick directors
into action. This should be embarrassing enough for Tribune’s
board to force tin-eared chairman
Michael Ferro to listen to Gannett’s
overtures.
The conglomerate, which also
owns the printed organs of record in Baltimore, Hartford and its
hometown, Chicago, has twice rebuffed offers — the latest at US$15
a share in cash, double what investors had previously thought it was
worth — from the largest American
newspaper chain.
Gannett missed the window to
nominate its own set of directors,
but instead launched a vote-withholding campaign against Tribune’s nominees. At least two-fifths
of Tribune’s owners went along,
according to a filing released on
Monday. Exclude the 17% stake
held by Ferro and a few other insiders, and the number of withheld
votes climbs just above a majority and even toward 60% for some
board candidates, a Breakingviews
analysis shows.
That’s a remarkable rebuke given the outsized impact of proxy
firm ISS. A joint paper from the
University of Colorado, Columbia University and the University
of Zurich about the adviser’s influence on uncontested director
elections found that less than 1%
of board elections resulted in more
than 20% of owners withholding
their votes unless ISS advised them
to do so. Over a decade ago, after
43% of shareholders at Walt Disney
didn’t cast a vote for then-chairman Michael Eisner, the board
stripped him of his title.
Tribune says it’s open to discussions with Gannett. Meanwhile,
directors are busy with other tasks,
like changing the corporate name
to the risible “tronc” to reflect its
new direction as a digital-content
curator. A switch from the New
York Stock Exchange to the Nasdaq
is also in the works. Investors have
given a clear, negative response to
these patent-stalling manoeuvres:
Tribune’s go-it-alone strategy has
landed with a “thunc.” — Reuters
IN BRIEF
Yahoo offering more
than 3,000 patents
amid strategic reviews
SAN FRANCISCO: Yahoo! Inc is
exploring the sale of more than
3,000 patents as part of an effort
begun earlier this year to look
into ways to monetise its intellectual property. The company
has extended efforts on the divestiture of patents and pending patents held by its Excalibur
LLC unit that include search,
advertising and cloud-based
technology, the company said
in a statement. There is no reserve price or guidance. Yahoo
said earlier this year it would
review the disposal of non-strategic assets, including patent
and real estate holdings. At the
time, it said proceeds could be
US$1 billion (RM4.06 billion)
to US$3 billion. — Bloomberg
Brazil poised to
keep rates on hold as
inflation remains high
BRASÍLIA: Brazil’s central bank
will likely keep interest rates on
hold for the seventh straight time
yesterday, resisting pressure to
lower borrowing costs amid a recession as inflation remains well
above its official target. All 43
economists surveyed by Reuters
expect the central bank’s policy
committee, known as Copom,
to hold its benchmark rate at
14.25%, a near 10-year high. A
deepening recession and lingering political turmoil are renewing pressure on the central
bank to start cutting borrowing
costs to give a breather to local
producers and consumers struggling with high rates and rising
loan defaults. — Reuters
China’s auto sales climb
11% after tax cut,
dealer discounts
NEW DELHI: China’s passenger-vehicle sales rose for the
ninth time in 10 months after
a cut in the purchase tax, with
General Motors Co and Toyota
Motor Corp reporting increased
deliveries among global carmakers in the world’s biggest
auto market. Retail sales of cars,
SUVs and multipurpose vehicles climbed 11% to 1.76 million
units last month, according to
the China Passenger Car Association. That compares with the
6.4% increase in sales in April.
Deliveries rose to 9.12 million
units in the first five months of
this year. — Bloomberg
New study throws
doubt on China’s car
emission data
BEIJING: Carbon emissions
from cars in the Chinese city
of Chengdu could be underestimated by more than half under
conventional testing methods,
according to preliminary results
of a study released yesterday.
The findings from the study in
the central city were supported
by a research arm of China’s top
planning body using data from
Uber and taxi firms. It found that
standard laboratory estimates
of carbon emissions from cars
were off by about 6,500 tonnes
per day, or about 59%. — Reuters
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
Wheezing
unicorns
catching
breath of
fresh IPO air
BY ROB ERT C Y RA N
NEW YORK: Wheezing unicorns may get a breath of
fresh air from initial public
offerings (IPOs). The US$1
billion (RM4.06 billion)-plus
technology start-ups like
cloud-computing firms Twilio and Nutanix risk running
short of cash as venture capital (VC) dries up. The recent
revival of IPOs could offer
them new hope. Company
valuations may drop, but that
beats the alternative of a suddenly thinning herd.
Only about 34 public offerings have priced so far
this year, less than half the
number that made it to market in 2015, according to Renaissance Capital. Activity is
picking up, though, especially
in recent months. About 50%
of this year’s floats have occurred in the past five weeks.
The resurgence comes none
too soon for money-hungry
firms facing dwindling financing options. The amount of VC
invested in the first quarter (1Q)
of 2016 was down 11% from the
same period the year before,
according to Thomson Reuters
data. VC investments for the
4Q of 2015 were 24% less yearon-year.
Only two technology companies have gone public so far
in 2016. One of them, a spinoff from Dell called SecureWorks, priced below its estimated range and now trades
at less than the offering price.
Several more are ready to try
their luck, though.
Among the most prominent
are Twilio and Nutanix. Private funding rounds valued the
former at about US$1 billion
and the latter at US$2 billion.
Both firms have a history of
steady losses and are thirsty
for cash. Nutanix recently received a US$75 million loan
from Goldman Sachs, which is
also an equity investor in the
company and has been chosen
to underwrite its offering.
There is, however, a downside
to IPOs for unicorns. The beasts
have reached lofty — some
might say mythical — valuations extrapolated from private
investments. Public markets will
probably set a lower price for
their stock, in part to account
for the risks of technological
change and rapidly shifting markets. Twilio, a cloud-messaging
service for tech companies, relies on WhatsApp for 15% of its
revenue.
Yet the best time to raise
money is, of course, when it’s
available. If IPOs for the likes
of Twilio prove successful,
many of the 160 or so other
unicorns can be expected to
follow. — Reuters
W O R L D B U S I N E S S 19
Japan revises up
1Q growth
Cooling hopes that central bank will unveil fresh stimulus
TOKYO: Japan’s economy expanded at a slightly faster pace than first
thought, revised figures showed
yesterday, knocking hopes that
the central bank will unleash fresh
stimulus this month.
The data were unlikely to inspire renewed faith in Prime Minister Shinzo Abe’s faltering growth
policies, after Tokyo last week
said it would delay a tax hike to
avoid damaging Japan’s fragile
recovery.
Gross domestic product expanded 0.5% in the first quarter — or
1.9% at an annualised rate — up
from a preliminary reading of 0.4%
given last month.
The world’s No 3 economy contracted in the final quarter of 2015.
The yen strengthened in response to the figures, which were
likely to cool expectations that the
Bank of Japan will unveil fresh policy moves at a meeting next week.
In currency trading, the dollar
was at ¥106.86 (RM4.03), down
from ¥107.57 in US trading.
Yesterday’s finalised figures
matched market forecasts. Under
Japan GDP
Quarterly growth, %
1.3
0.5
0.4
-0.4
-0.4
Mar Jun
2015
Sep Dec
Mar
2016
Quarter ending
Source : Cabinet Office
his signature policy blitz, Abe has
sought to boost the lumbering
economy with a combination of
massive monetary easing, fiscal
spending and structural reforms.
But the decision to delay the tax
hike drew a warning from credit
rating agency Fitch, which said it
would “undermine the credibility”
of Japan’s commitment to paying
down one the world’s biggest national debts.
Japan’s conservative premier
has repeatedly said he would follow
through on the levy hike, planned
for 2017, after it was already delayed once.
But last week he said raising
the tariff to 10% from 8% would
be pushed back by more than two
years to late 2019, when Abe will
likely no longer be in office.
Critics say it is crucial to shrink
a debt mountain that is more than
twice the size of the economy, as
social welfare costs balloon in the
ageing nation.
Abe insisted delaying the tax
hike would give Tokyo breathing
room to take his growth programme
“one step further”.
However, the economy is still
struggling to mount a firm recovery, and a resurgent yen is
threatening Japan Inc’s bottom
line. — AFP
Godiva sees sales exceeding
US$1b on Asian appetite
BY THOM AS BUC K LE Y
LONDON: Godiva, the world’s largest premium chocolate retailer, will
probably exceed its target for 2017
revenue of US$1 billion (RM4.06
billion) on the growing appetite for
Belgian sweets in Asia, according
to the head of its parent company.
Godiva is seeking to open about
190 stores in mainland China by the
end of 2019 as new products helped
boost sales to a record US$792 million last year, Cem Karakas, chief
executive officer of Godiva parent
Pladis, said in an interview at the
company’s headquarters in Lon-
don. Pladis, which has annual sales
of US$5.2 billion, intends to list its
shares in London around 2020,
Karakas also said.
“We are likely to exceed US$1 billion from Godiva-brand sales with
the new initiatives we’ve launched,”
Karakas said.
The chocolate maker is seeking
to strengthen its dominant position in parts of Asia as Swiss rival
Lindt & Spruengli AG has set the
target of overtaking Godiva as the
world’s largest premium chocolatier as early as 2020. Pladis, the
London-based biscuits and confectionery division of Yildiz Holding
AS, will focus on making the Godiva
brand accessible to a greater number of consumers, Karakas said.
There’s a scarcity of food players
available to investors on the London
Stock Exchange, according to Karakas. A vote from the United Kingdom to leave the European Union
(EU) in a referendum later this month
wouldn’t change the company’s ambitions to list shares in London, but
it could change the country’s trade
relations with the EU, which would
be worrying to Pladis, he added. “I’m
not a UK voter evidently, but as a
businessman, I hope the UK will vote
to remain in the EU.” — Bloomberg
Apple raises US$1.4b in Taiwan on insurer demand
BY M IAOJUNG LI N & DE BRA M AO
TAIPEI: Apple Inc sold US$1.38 billion (RM5.6 billion) of dollar bonds
in Taiwan while Canada’s Manulife
Financial Corp also priced US$1
billion of securities, as such debt
offerings in the jurisdiction jump
amid demand from insurers.
The sales bring issuance of such
corporate securities to US$23 billion for the year, up 53% from the
same period in 2015, data compiled by Bloomberg show. Domes-
tic life insurers looking for higher
yields are driving the trend, said
Lawrence Lai, Asia rates strategist
at Standard Chartered plc. Apple’s
30-year note has a 4.15% coupon,
and Manulife’s bond with the same
maturity has a 4.7% coupon. Such
multi-decade debentures also suit
the needs of life insurers which
must make longer-term investments, Lai said.
A regulatory change in 2014
opened the floodgates for about
US$600 billion of life insurance
assets in Taiwan to invest more
freely in foreign-currency bonds.
Since then, global issuers, including
Goldman Sachs Group Inc, have
sold almost US$80 billion in US
dollar debt to Taiwanese life insurers. The largest offering in the
island’s market for bonds in foreign
currencies was AT&T Inc, which
raised US$2.62 billion in 2015.
As yields have fallen at home,
life insurers in Taiwan have avoided
local debt in favour of foreign notes
with higher yields. — Bloomberg
IN BRIEF
South Korean prosecutors
raid Daewoo Shipbuilding
offices
SINGAPORE: South Korea’s
prosecutors raided the offices of
Daewoo Shipbuilding & Marine
Engineering Co as the world’s
second-largest shipbuilder
tries to raise funds through asset sales to reduce debt. The
raid comes after an audit committee of Daewoo Shipbuilding
requested an investigation into
two former chief executive officers for alleged mismanagement of the company, the Geojae, South Korea-based shipyard
said in an emailed response to a
Bloomberg query. The company
is among shipyards restructuring to raise funds after deliveries
of offshore drilling and production units were pushed back, as
oil prices crushed demand. —
Bloomberg
Bezos: Amazon to up
India investment to
over US$5 billion
WASHINGTON: Amazon Inc
chief executive Jeff Bezos said
on Tuesday the company would
invest an additional US$3 billion (RM12.18 billion) in India,
boosting its committed investment in the country to over US$5
billion. Bezos told an event in
Washington that India is Amazon’s fastest-growing region,
with the investments helping
start-ups in India and speeding up India’s role as a hub for
innovation and digital entrepreneurship. Amazon would open
a Web Services Cloud Region in
India this year, with the country
to become home to the firm’s
largest software engineering and
development centre outside of
the United States. — Reuters
TomTom wins deal to
provide Volvo cars
with maps, data
AMSTERDAM: TomTom, the
Dutch navigation company, said
yesterday it had won a contract
to provide Volvo cars with real-time maps and traffic data for
its vehicles. TomTom competes
with Google Maps and Here, the
former Nokia unit now owned
by Audi, BMW and Daimler.
TomTom has won a string of
contracts for its mapping technology, which it believes will
play an important role as car
driving becomes increasingly automated. Other TomTom
customers include Volkswagen,
Uber and Apple. — Reuters
Nissan, Takata face
criminal complaint on Japan
airbag rupture
TOKYO: Nissan Motor Co and
Takata Corp executives responsible for quality and safety face
a criminal complaint in Japan
over the rupturing of a defective airbag, the first such case in
the companies’ home market.
Police in the eastern Japan city
Ito accepted the complaint on
May 30 from the female passenger injured by a Takata airbag
ruptured in a Nissan X-Trail
sport utility vehicle in October,
according to a police spokesman. — Bloomberg
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
20 WORLD
Clinton clinches
Democratic nomination
Appeals to Sanders’ supporters to join her
Clinton acknowledging the cheers
from supporters during her
California primary night rally held
in Brooklyn, New York on Tuesday.
Photo by Reuters
BY JAMES OLIPHANT
SANTA MONICA, California: Hillary
Clinton declared herself the Democratic Party nominee for US president on Tuesday, embracing her
role in history as the first woman
to lead a major party in a race for
the White House.
The former first lady, US senator
and secretary of state celebrated her
victory in the nominating race over
rival Bernie Sanders at a raucous
event with supporters in Brooklyn,
New York, where Clinton placed her
achievement in the context of the
long history of the women’s rights
movement.
“Thanks to you, we have reached
a milestone,” Clinton said in a
speech. “We all owe so much to
who came before.”
Clinton, 68, spoke shortly after
beating Sanders in New Jersey’s
nominating contest, expanding
Papua New
Guinea police
open fire on
protesters
her lead in the delegates needed
to clinch the nomination and setting
up a five-month general election
campaign against presumptive Republican nominee Donald Trump
in the Nov 8 election.
Wide support for petition to oust
US judge in sex assault case
BY JOCELYN E Z ABLI T
PORT MORESBY: Police in Papua New Guinea opened fire yesterday on students protesting
against the prime minister, with
23 injured — five of them critically — in a clash which authorities blamed on “political
agitators”.
Students have been locked
in a month-long standoff with
authorities and have been boycotting classes as they demand
Prime Minister Peter O’Neill
step aside over corruption allegations.
Witnesses said the clashes
broke out in the capital Port
Moresby as students prepared
to march from the University of
Papua New Guinea to parliament, where O’Neill was due
to face a no-confidence vote.
Anti-corruption campaigner
Noel Anjo Kolao, who helped
organise the protest, said police had set up roadblocks and
pointed their guns at students.
“Then they started shooting
at them,” he told AFP by phone,
saying he saw several injured
students.
Police Commissioner Gari
Baki said in a statement that 23
people were hurt. Five of them
were critically injured, according to the Port Moresby General Hospital and the Gerehu St
John’s Hospital.
Reports in Australian media
that four people had been killed
were denied. — AFP
New Jersey was one of six states
holding contests on Tuesday, including California, the big prize where
Clinton was still at risk of an embarrassing loss to Sanders as she heads
into the campaign against Trump.
With about one-third of the votes
counted in California, Clinton held a
wide 20-percentage-point lead over
Sanders, but news networks said the
race was still too close to call.
In her speech, Clinton appealed
to Sanders supporters to join her and
said the Democratic Party had been
bolstered by his campaign for eradicating income inequality, which
had commanded huge crowds and
galvanised younger voters.
Clinton edged Sanders out, especially among older voters, with a
more pragmatic campaign focused
on building on the policies of her
fellow Democrat, President Barack
Obama. — Reuters
LOS ANGELES: Nearly half a million people on Tuesday had signed
a petition calling for the ouster of a
California judge, who has sparked
outrage for his lenient sentence in
a high-profile sexual assault case.
Santa Clara Superior Court Judge
Aaron Persky last week sentenced
Brock Turner, a former Stanford
University student, to six months
in jail for sexually assaulting an unconscious woman in January 2015.
Lurid details of the case and the
woman’s emotional court state-
ment recounting the assault and
its impact on her life have gone
viral on social media, with many
denouncing the sentence as a slap
on the wrist.
Persky, who automatically won
another term on the bench during
elections as he was unopposed,
justified his sentence, saying that
he feared a stiffer jail term would
have “a severe impact” on Turner.
The ruling drew outrage and
prompted an online petition that
more than 480,000 people had
signed by Tuesday afternoon.
The petition argues that Persky’s
sentence, which has drawn international attention, clearly showed bias.
“Judge Persky failed to see that
the fact that Brock Turner is a white
male star athlete at a prestigious
university does not entitle him to
leniency,” said the petition, started
by Maria Ruiz, a nurse in Miami.
“He also failed to send the message that sexual assault is against
the law regardless of social class,
race, gender or other factors.”
Stanford law professor Michele
Dauber told the USA Today newspaper that “his ruling was dangerous and wrongheaded”. — AFP
China’s oceanic ‘space station’ in South China Sea
BY KEITH ZHAI & DAV I D TWE E D
BEIJING/HONG KONG: China is
speeding up efforts to design and
build a manned deep-sea platform
to help it hunt for minerals in the
South China Sea, one that may also
serve a military purpose in the disputed waters.
Such an oceanic “space station”
would be located as much as 3,000
metres (9,800 feet) below the surface,
according to a recent Science Ministry presentation viewed by Bloomberg. The project was mentioned in
China’s current five-year economic
plan released in March and ranked
number two on a list of the top 100
science and technology priorities.
Authorities recently examined
the implementation of the project
and decided to accelerate the process, according to the presentation.
There are few public details, including a specific time line, any blueprints or a cost estimate — or where
in the waterway it might be located.
“The deep sea contains treasures
that remain undiscovered and undeveloped, and in order to obtain
these treasures we have to control
key technologies in getting into the
deep sea, discovering the deep sea,
and developing the deep sea,” Xi
said last month at a national science
conference.
“To develop the ocean is an important strategy for the Chinese government, but the deep sea space
station is not designed against any
country or region,” said Xu Liping, a
senior researcher for Southeast Asian
affairs at the Chinese Academy of
Social Sciences, a government-run
institute.
“China’s project will be mainly
for civil use, but we can’t rule out it
will carry some military functions,”
Xu said.
While most of the undiscovered
oil lies in coastal regions that aren’t
disputed, the contested areas face
geological and technological challenges, not least the depth of the
waters and frequency of typhoons.
Spearheading the planning for
the deep-sea station is the China
Shipbuilding Industry Corp, according to a statement on the website of
the science ministry. — Bloomberg
IN BRIEF
Singapore blocking
Internet access on
government computers
SINGAPORE: Singapore confirmed yesterday it would cut
off Internet access for government work stations within a
year for security reasons, a
surprise move in one of the
world’s most wired countries.
The decision will not disrupt
government operations, the Infocomm Development Authority (IDA) said after local daily
The Straits Times reported that
some 100,000 computers would
be affected. “We have started to
separate Internet access from
the work stations of a selected
group of public service officers,
and will do so for the rest of
the public service officers progressively over a one-year period,” the IDA said in a written
reply to AFP queries. Industry
sources said the measure was
aimed at preventing cyber attacks as well as the spread of
malware. — AFP
Obama, Modi welcome
preparatory work for
India reactor project
WASHINGTON: US President Barack Obama and Indian Prime Minister Narendra
Modi on Tuesday welcomed
the start of preparatory work
for six nuclear reactors in India,
a key step in closing the first
deal stemming from a US-India civil nuclear accord struck
more than a decade ago. A joint
US-India statement said India
and the US Export-Import Bank
were working to complete a
financing package for the project, and that the Nuclear Power Corp of India and Toshiba
Corp’s Westinghouse Electric
had confirmed engineering
and site design work would
begin immediately. It said the
companies would work toward
finalising the contract by June
2017. — Reuters
US man gets 12 years in
prison for seeking to join IS
LOS ANGELES: A California
man was sentenced to 12 years
in prison on Tuesday for seeking to travel to Syria to join the
Islamic State (IS) group and
wage holy war, authorities said.
Nicholas Michael Teausant, a
22-year-old convert to Islam,
had pleaded guilty in December to a charge of attempting
to provide material support or
resources to a terror group. He
was arrested in March 2014,
while en route to Syria. — AFP
EgyptAir plane makes
emergency landing
MOSCOW/CAIRO: An EgyptAir passenger plane, en route
from Cairo to Beijing, was
forced to make an emergency
landing in Uzbekistan yesterday after receiving what two
Egyptian aviation sources said
was a false bomb threat. All
118 passengers and 17 crew
members on board the Airbus
A-330-220 plane were safely
evacuated, Uzbek state carrier Uzbekistan Airways said in
a statement. — Reuters
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
F E AT U R E 2 1
No shortcut to accountability
Malaysians must keep fighting the fight to effect change, says Amnesty International
F
aced with less-than-rosy
economic prospects,
constraints on democratic space and global investigations into a
troubled state fund, Malaysians are experiencing pressures
on many fronts. Amnesty International secretary-general Salil Shetty,
who was in Kuala Lumpur recently,
spoke to Yen Ne Foo and Meena
Lakshana on the way forward for
Malaysia and staying hopeful for
change. Here are excerpts from
the interview:
The Edge Financial Daily: Malaysia has not signed a number of
basic international conventions
and there is a weak and disempowered regional framework.
What’s the way forward?
Salil Shetty: Malaysia is really quite
unique. It has not signed the International Convention on Civil and Political Rights; it does not sign up to the
[1951] Refugee Convention, but this
country has millions of workers from
other parts of the world. The economy will collapse if you don’t have
foreign workers. You are dependent
on them but they don’t have legal
status. Therefore, their employers
are able to really exploit them.
Last year alone, we documented 11 deaths in custody. Again, it
has not signed the UN Convention
against Torture [and Other Cruel,
Inhuman or Degrading Treatment
or Punishment]. There is no independent police complaints mechanism, so people cannot complain
about cruel, inhuman treatment
and torture. We (Amnesty International) are doing everything we
can. There are many other organisations, movements that are putting pressure internationally. But I
don’t think there are shortcuts for
Malaysians to holding their own
government to account, difficult
as this may be.
How will change occur when
there is such restraint on dissent
and calls for better governance?
We have to realise there are different dimensions of this because
historically, the attacks were on the
political opposition. Now, it affects
students, ordinary people who raise
their voices and it has moved from
offline to online. There’s a new terrain for the battle, Facebook and
social media, and it has a chilling
effect. Even the media is becoming
more and more silent.
There were 91 cases of sedition
in 2015 and 19 cases already this
year. Now they want to impose
travel bans. So, it is outrageous —
using a 1948 Sedition Act which
the government promised to repeal, [but] now it’s strengthened.
If you are asking how change will
happen, there is no shortcut. You
have to keep fighting the fight
and Amnesty is all about peaceful protests.
Do we have to go through this period before democracy can mature?
You see historically, Asean countries have always had this sort of
“strong man” idea — the Asian way,
the Asean way [of democracy] ...
They keep giving Singapore as an
example. But if you don’t take your
people with you, what growth are
you going to have? You’re only going to have conflict and tension. You
may get some short-term victories
but people are not happy; they don’t
feel a sense of participation. That’s
problematic.
In the past, when the conversation was taking place 30 years
ago, people did not have access
to information. Now there’s no
place to hide. You can’t hide 1MDB
(1Malaysia Development Bhd).
You have to increase your transparency, you have to increase accountability and you have to have
dialogue.
Have you raised these issues with
Prime Minister Datuk Seri Najib
Razak?
Yes, I did.
Those who don’t have a voice are
poor and marginalised. So, when
you say the economy is doing well,
it’s like saying the operation is successful but the patient is dead. You
can’t say the economy is doing well
when the people are suffering. The
economy is made up of people.
For people to feel happiness and
well-being, part of it is material, a
lot of it is not, particularly in Asia.
What was his reply?
We are looking into it.
What is Asean’s main problem?
It is a tough neighbourhood. The
fundamental problem with Asean is a conceptual problem where
we have this notion that if we want
economic growth and stability, you
can’t have human rights and democracy. And that is fundamentally
flawed. You have this idea that human rights is a Western concept. So
if a woman is getting beaten up, you
say, “No, no, don’t ask about them
because that is a Western concept”
... If you don’t want to call it human
rights, then call it something else. I
don’t care what you call it. But [there
must be] basic justice, fairness, dignity ... The days are gone where you
think you can sit in a palace and rule
the country. Non-discrimination is
not a theoretical concept. And it is
the governments that, at the end
of the day, have to protect these
principles. Now, you have the Sedition Act being used, and people
start looking at it through a racial
lens. But I always cite Myanmar as
an example. If five years ago, someone had told me Myanmar would
be where it is today [it would have
been difficult to believe] ... We still
have challenges with the Rohingya
issue, but now they have released
most of the prisoners of conscience
(Amnesty declares those arrested
purely for their views or religion as
prisoners of conscience); they’re
opening up. [Nobel Peace Prize winner] Aug San Suu Kyi was herself a
prisoner of conscience and is now
the de facto head of the country.
Indonesia has many challenges but
they are a bit more open on many
issues. We shouldn’t lose hope.
Shetty: Those who are poor and
marginalised are the ones that don’t
have a voice. Photo by Reuters
Grassroots non-governmental
organisations here feel that Amnesty’s presence in Malaysia is
not strongly felt.
Agreed. So please join and make
us strong because Amnesty is a
membership-based movement. It
is not someone else that is going to
come from outside and solve your
problems. Malaysians should be
part of it, even Malaysians acting
on their own. If there is no international global movement, it becomes more difficult.
By 2020, Malaysia is supposed
to have a developed economy
but there seems to be thwarted
development in the social democracy sphere. Where do you
see Malaysia heading?
The UN Universal Declaration of
Human Rights talks about civil political rights and economic social
rights, and they are two sides of
the same coin. They are indivisible and interdependent. Those
who are poor and marginalised are
the ones that don’t have a voice.
4.98
128.98
Why are you so hopeful?
My faith is always in the people,
not in governments. I think Malaysians are smart people; they
know what they’re talking about
and they will find a solution. But
they have to get organised. It’s not
like today you fight for one, and
the next day another. You have to
focus and deal with a core issue.
Which is why Malaysians are
feeling increasingly cynical
about the power of social movements to effect change. What is
your message to them?
I don’t agree with you. Of course,
there is some cynicism. But then,
you have Bersih and there were a
lot of people involved. You have to
find practical ways in which people
feel they are making a difference.
It’s not just a matter of coming
out one day and going back and
doing Facebook posts. There has
to be a sustained action plan on
how you make change happen. I
don’t think the young people are
alienated from politics, they are
alienated from political parties.
That’s another problem that is not
unique to Malaysia. Yes, political
parties have sold out, irrespective
of which side of the fence you are
on. The easy answer to the question is, if you don’t like the way
the opposition operates, join that
party and change it from within.
But people have become cynical
and that is a big problem.
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
2 2 S P O RT S
Ex-Chelsea doctor settles
case against Mourinho
For alleged victimisation and sexual discrimination
BY ROB I N MI L L AR D
CROYDON: Former Chelsea doctor
Eva Carneiro settled her case against
the club and their ex-manager Jose
Mourinho for an undisclosed sum
on Tuesday just as she seemed set
to testify against them.
After negotiations at the London
South Employment Tribunal in suburban Croydon, both sides reached
a private agreement.
“The parties agreed to the settlement of this dispute on confidential
terms,” lawyer Daniel Stilitz, representing Chelsea and Mourinho, told
the tribunal at a delayed hearing that
eventually lasted no more than two
minutes.
Carneiro, whom Chelsea said
had rejected an offer of £1.2 million
(RM7.10 million) to settle her claims,
had been due to start giving evidence
on Tuesday in her case against the
London club and Mourinho, who
was appointed Manchester United’s
new manager last month.
She was pursuing a constructive
dismissal case against Chelsea and
a connected, personal legal action
Brazilian police
raid Olympic site
in corruption
probe
RIO DE JANEIRO: Brazilian
police on Tuesday raided the
offices of the construction
consortium building of one
of the four main hubs for the
Rio Olympics on suspicions of
fraud and corruption.
The Deodoro site, which will
host 11 of the sports in the first
Olympics ever staged in South
America, starting Aug 5, is in
the north of Rio de Janeiro.
Federal police said in a
statement that agents entered
the offices of the consortium,
headed by the OAS and Queiroz Galvao construction companies, to probe “fraud in the
transport and destination of
solid waste, involving falsifying of public documents and
overbilling”.
The offices of two other unnamed contractors were also
searched.
According to the transparency ministry, corruption at
Deodoro, where riding and
rugby sevens are among the
sports that will be hosted, has
cost the public 85 million reais
(RM100.28 million). The Deodoro Complex Consortium denied any wrongdoing. — AFP
Former Chelsea Football Club doctor Carneiro leaving the Croydon Employment
Tribunal in London on Monday. Photo by AFP
against Mourinho — who left the
Blues in December — for alleged victimisation and sexual discrimination.
But when Mourinho and Chelsea’s top executives unexpectedly
arrived at the tribunal before Carneiro was due to start giving evidence, it seemed a deal to avert
an eight-day public slanging
match was in the offing.
Carneiro, 42, said she was “relieved” to have concluded the case,
calling it an “extremely difficult and
distressing time for me and my family”, in a statement after the brief hearing.
Chelsea apologised to Carneiro
and said it was “pleased” that an
agreement had been reached.
But there was no apology from
the Portuguese manager.
Carneiro alleges Mourinho shouted “filha da puta” at her —Portuguese
for “daughter of a whore” — after
she ran on the pitch during a match.
In an extract from a statement
by Mourinho read out before the
tribunal on Monday, he claimed he
was known for regularly using the
term “filho da puta”, meaning son of
a whore, in the heat of a match and
had done so throughout the game
in question.
Mourinho dropped Carneiro as
Chelsea’s first team doctor after the
Blues’ opening match of last season
in the English Premier League, a 2-2
draw at home to Swansea on Aug 8.
Mourinho angrily berated her
after she and physio Jon Fearn ran
on the pitch to treat midfielder Eden
Hazard, obliging him to leave the
field of play before being readmitted.
That meant the Blues were temporarily down to nine players — goalkeeper Thibaut Courtois having already been sent off — at a critical late
stage of the game. — AFP
Woods says ‘not ready’ for US Open
LOS ANGELES: Tiger Woods (pic)
confirmed on Tuesday he will miss
the US Open at Oakmont next week,
saying he’s still not ready to resume
competition after back surgery last
September.
The 14-time major champion will
miss the US Open for the third time
in six years. He announced on his
website that he would skip the second major of the year as well as the
US PGA Tour’s Quicken Loans National the following week, which he
hosts for the benefit of his charitable
foundation.
Woods won the most recent of
his 14 major titles at the 2008 US
Open at Torrey Pines, his third US
Open victory.
He finished tied for second behind Angel Cabrera in the last US
Open held at Oakmont in Pittsburgh
in 2007.
Woods hasn’t played tournament
golf since a microdiscectomy to relieve back pain last September. He
had a second procedure in October.
The 40-year-old former world No
1 had fuelled speculation about a return when he registered for the US
Open in April, but said in May there
was no timetable.
Woods said he had to adapt to
a new training reality, cutting back
on his practise time and the miles of
running he used to do.
“The plan is to get well,” said
Woods, who has plummeted out of
the top 500 in the world. “Whether
that’s next week or a year from now,
I don’t know.” — AFP
Louisville ready to ‘welcome the world’ to Ali services
BY SÉBASTI E N BLANC
LOUISVILLE: Muhammad Ali’s
hometown is ready to “welcome the
world” for this week’s ceremonies
honouring the late boxing legend,
Louisville’s mayor said on Tuesday,
with a huge public procession set for
“The Greatest”.
The largest city in the southern state of Kentucky and home to
600,000 people, Louisville will play
host today and tomorrow to the mass
public celebration of the life of Muhammad Ali, its most famous native son.
Muhammad Ali, whose remark-
able boxing career and civil rights
activism made him one of the most
indelible figures of the 20th century,
died last week at age 74 after a decades-long battle with Parkinson’s
disease.
His death has prompted an outpouring of tributes for The Champ,
who won three heavyweight titles and
Olympic Gold during his illustrious
years in the ring.
New York renamed a street outside Madison Square Garden “Muhammad Ali Way” after the boxing
great who headlined a string of fights
at the iconic sports arena.
The ceremonies in Louisville will
have three key moments: an Islamic prayer service open to all today,
a long public funeral procession
through the city tomorrow and a
memorial service at a sports arena
that same day.
Muhammad Ali was born in Louisville as Cassius Clay in January 1942.
The Islamic service today will take
place in the 18,000-seat Freedom
Hall that hosted Muhammad Ali’s
last fight in Louisville, in which he
beat Willi Besmanoff, in 1961.
On Tuesday, organisers started
distributing tickets for the event, with
residents waking up at dawn to be
sure to get a seat. — AFP
IN BRIEF
Everton agree to deal
with manager Koeman
LONDON: Everton have agreed
to a deal with Dutchman Ronald Koeman to become the Premier League club’s manager,
the BBC reported on Tuesday.
The 53-year-old Koeman, who
has been Southampton manager for the last two years, will
take over at Goodison Park
from Roberto Martinez, who
was sacked just before the end
of last season. Everton finished
11th last season but are set for
significant investment after
Iranian businessman Farhad
Moshiri purchased a 49.9%
stake in the club. Koeman has
been widely praised for his
work at Southampton where
he enjoyed a 47% win rate in
the Premier League. Before
moving into management, he
also enjoyed a glittering playing
career, winning the European
Cup with PSV Eindhoven and
Barcelona in 1988 and 1992
respectively. — Reuters
Ivorian defender set to be
Mourinho’s first signing
LONDON: Jose Mourinho’s
first signing for Manchester
United looks set to be highly-rated for young Ivory Coast
international defender Eric
Bailly and not veteran Swedish striker Zlatan Ibrahimovic,
according to British media reports. The 22-year-old Villarreal defender — who scored
one of the penalties in the
penalty shootout which saw
Ivory Coast win the 2015 Africa Cup of Nations — will cost
United a reported £30 million
(RM177.42 million). — AFP
Dortmund sign Turkey
teenager Mor
BERLIN: Bundesliga runners-up
Borussia Dortmund have signed
18-year-old Turkey player Emre
Mor on a five-year contract
to 2021 as they look to boost
their squad for the next season. Dortmund, who also lost
to champions Bayern Munich
in the German Cup final, signed
midfielder Sebastian Rode from
champions Bayern Munich last
week and are close to agreement
with Marc Bartra from Barcelona. Mor, born and raised in
Denmark, joins from Danish
club FC Nordsjaelland. He has
also been included in Turkey’s
Euro 2016 squad. — Reuters
Long jump champ freezes
sperm over Zika fears
LONDON: Olympic long jump
champion Greg Rutherford has
made the decision to freeze his
sperm because of fears about
the Zika virus at this year’s
Games in Rio de Janeiro. The
mosquito-born Zika can cause
birth defects in babies. The virus, which is sexually transmissible, can also trigger adult-onset neurological problems, such
as Guillain-Barre Syndrome,
which can cause paralysis and
death. Last month, 150 international medical experts signed
an open letter calling for the
Rio Olympics to be moved or
delayed. — AFP
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
S P O RT S 2 3
Spain slump to shock Georgia defeat
BY KI ERA N C A N N I NG
MADRID: European champions
Spain suffered a shock first defeat since March 2015, losing 1-0
at home to Georgia in their final
warm-up friendly before Euro 2016
in Madrid on Tuesday. Georgia,
ranked 137 in the world, hadn’t won
a game since defeating minnows Gi-
Portugal seek
support for
Ronaldo’s genius
BY MA RTY N WOOD
PARIS: Cristiano Ronaldo’s
Portugal tower above their rivals and should ease into the
knockout stages at Euro 2016,
but the illustrious team cannot
underestimate a blossoming
Austria side.
Ranked eighth in the world,
Portugal cruised towards a
sixth straight appearance at
the finals — in Group F against
Austria, Hungary and Iceland
— by reeling off seven straight
qualifying wins after an opening defeat to Albania.
But 12 years after losing the
final to Greece on home soil,
Ronaldo’s hopes of landing
an international title appear
remote unless his supporting
cast can deliver where they
have failed in the past.
Portugal lost on penalties
to Spain in the semi-finals at
Euro 2012 and then crashed
out in the group stage of the
World Cup in Brazil. Ronaldo,
slowed by a knee injury, was
then a shadow of the player
who won that year’s Ballon
d’Or.
“If he is so important in
Madrid, just imagine he’s the
same if not more so with Portugal,” coach Fernando Santos told Spanish sports daily
Marca.
“When you have a player
who scores 50 or 60 goals a
season, and can always score,
they are vitally important.”
The Portuguese have never failed to advance beyond
the group stage at a European
Championship and Ronaldo
will fancy his chances of becoming the first player to score
at four editions. — AFP
braltar in Euro qualifying in October.
However, they defended resolutely and took full advantage of
their one real attack when Tornike
Okriashvili tapped home at the far
post six minutes before half-time.
Spain begin their quest for a
third consecutive European Championship against the Czech Republic on June 13 in Toulouse.
“We have to accept it and lift
ourselves for what is to come,” said
Spain boss Vicente del Bosque.
“This result shouldn’t make us
in any way face the Euros with a
sense of fear.”
Del Bosque had named a stronger
side than in Spain’s comfortable wins
over Bosnia and Herzegovina and
South Korea in the past week with
IN BRIEF
the Real Madrid and Atletico Madrid
contingent returning after their duties in the Champions League final.
The hosts were camped in the
Georgia half for almost the entire
match, but paid for a lack of creativity in breaking down the visitors’
mass ranks of defence and were
caught out on the counter-attack
just before the break. — AFP
France on high alert
two days ahead
of Euro 2016
Govt to launch app that warns visitors of any ‘major crisis’
Security at the stadiums
2.5 million people are expect to attend Euro 2016 matches. Another 7 million will watch from ‘fan-zones’
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PARIS: Warnings mounted on
Wednesday over potential terrorist attacks just two days before the
start of Euro 2016, with France on
high alert as it readies to host over
two million football fans.
The French government was set
to launch a smartphone app, which
would warn visitors of any “major
crisis”, a day after Britain warned
that fans could be targeted during
the month-long tournament.
The free application, available
in English and French, would alert
users to any suspected attack or
other disaster according to their
location, the interior ministry said.
The British Foreign Office on
Tuesday said there is a “high threat
from terrorism” during the monthlong championship.
“During Euro 2016, stadiums,
fan zones, venues broadcasting the
tournament and transport hubs and
links represent potential targets for
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terrorist attacks,” the British Foreign
Office added.
The US State Department gave
a similar warning last week, saying
that “unaffiliated entertainment
venues broadcasting the tournament in France and across Europe”
are also potential targets.
The arrest of a Frenchman with
an arsenal of weapons in Ukraine
on Monday has heightened security fears.
Ukraine said the 25-year-old,
identified in France as Gregoire
Moutaux, was planning to attack multiple locations including
mosques and synagogues before
and during the tournament.
But France has made no official
comment on the arrest and antiterrorist prosecutors have not been
assigned to the case, suggesting
authorities do not believe there is
any imminent threat to Euro 2016.
The country has mobilised
90,000 security personnel to guard
Euro 2016, including 13,000 private guards.
Paris police chief Michel Cadot
has said an extra 3,000 officers are
being added to the 10,000 allotted
for the capital. — AFP
Walker finds light at the end of England tunnel
BY TOM WI L L I A MS
CHANTILLY: Kyle Walker could not
bring himself to watch England’s
recent tournament appearances,
but he is thrilled by the prospect
of starting their Euro 2016 opener
against Russia on Saturday.
The 26-year-old Tottenham Hotspur player is sampling major international competition for the first
time, having sat out Euro 2012 with
a toe injury before missing the 2014
World Cup due to an abdominal
problem.
Named man of the match in
last week’s 1-0 win over Portugal,
the right-back is expected to start
against Russia in Marseille. If he
does, it will be the first England
game at a big tournament that he
has paid attention to for a while.
“When I’m injured, I can’t watch
it. It’s too difficult for me,” Walker
said at England’s Stade des Bourgognes training base in Chantilly,
north of Paris, on Tuesday.
Asked how he had occupied
himself during the World Cup in
Brazil, he revealed that he had spent
time with his eldest son, Roman,
who was joined by another little
boy, Riaan, earlier this year.
“It was a good time to have with
my little boy. I went away, chilled
out,” he said.
“Sometimes you look at the
score, but to watch it for me is going to be too painful. It’s difficult
because I want to be out there.”
He added: “When you go into
training, day in and day out, and
you’re looking out the treatment
window, looking at the lads training, it’s hard to take. But there’s always light at the end of the tunnel,
I believe that. I’m here now and it’s
a big light.” — AFP
Wenger: Inexperience
may cost Vardy
starting spot
BENGALURU: Leicester City
striker Jamie Vardy’s lack of experience at major international tournaments means he will
not be an automatic starter for
England at Euro 2016, Arsenal
manager Arsene Wenger has
said. The 29-year-old forward,
who has scored three goals in
eight internationals, was the joint
second-highest scorer in the Premier League during Leicester’s
title-winning season and was
the Football Writers’ Association
player of the year. “I don’t think
that he will be a starter. I don’t say
this because he does not have the
quality, but because he doesn’t
have enough experience at that
level to say the whole tournament
will depend on Vardy,” Wenger
told beIN Sports. — Reuters
Jerome Boateng says
too risky for family
to attend tournament
BERLIN: German defender Jerome Boateng said his wife and
five-year-old twins will not go to
France to watch him play in the
European Championship finals
because of terror fears. Boateng
was in the German team playing
at the Stade de France in Paris on
Nov 13 when a series of jihadist attacks left 130 dead. Suicide
bombers tried to get into the stadium. “Each person must decide
for himself how to deal with it. I
have already done so,” he told
Sport Bild weekly, adding that
his decision was that “my family
and children will not be coming
to the stadium. The risk is simply
too big.” — AFP
Assistant coach lets
England’s tactics slip
CHANTILLY: England assistant
coach Ray Lewington unwittingly lifted the lid on team preparations for Euro 2016 by being photographed carrying a notepad
showing tactical information.
A photo published by British
tabloid The Sun on Wednesday
showed Lewington holding the
notes as he returned to the team
hotel following Tuesday’s open
training session in Chantilly.
The notes, which seem to have
formed the basis for a training
exercise, show Harry Kane and
Jamie Vardy operating as strikers, with captain Wayne Rooney
listed among the central midfielders. — AFP
Germany suffer blow as
Rüdiger tears ligament
EVIAN: Germany centre-back
Antonio Rüdiger is out of Euro
2016 after tearing a ligament
in his right knee, the German
Football Association (DFB) announced on Tuesday. The AS
Roma defender was expected
to start for the world champions in their opening Group C
game against Ukraine on Sunday. “Antonio Rüdiger suffered
a torn anterior cruciate ligament in his right knee during a
training session for the national team in Evian and is out of
Euro 2016 in France,” the DFB
reported. — AFP
24
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
live it!
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
Personal
ASSISTANT
COMPI L ED BY S HALINI YEAP
WORK. LIFE. BALANCE
WATCH a movie under the stars tonight at
Frisky Rooftop Bar. This time around, the
bar’s Thursday movie night will be showing
Wild Tales, a movie made up of six standalone
short stories, each exploring the extremities
of human behaviour involving people in distress. Screening begins at 9.30pm with free
admission and popcorn on the house. Frisky
Rooftop Bar is located at Market Place, 4A
Jalan Yap Kwan Seng, Kuala Lumpur. Visit
www.facebook.com/FriskyBarKL, or call (03)
2166 0750 / (010) 205 2563 for more details.
WATER WORKS
Versailles unveils
giant waterfall
that ‘holds up the sky’
CATCH Malaysian rock and blues band, Cats in
Love as they belt out some beats at No Black
Tie tonight at 9. The quintet — Lohan (guitars,
vocals), Wong (keys), Zedes (bass), and Reuben
and Ash (drums) — will perform rock hits from
the 1960s and 70s as well as some funk, pop,
country and jazz tunes. Make your way to No
Black Tie at 17 Jalan Mesui Off Jalan Nagasari,
Kuala Lumpur. There is a cover charge of RM30.
Visit www.noblacktie.com.my, or call (03) 2142
3737 for reservations and more details.
BEAT rush-hour traffic and make plans to
buka puasa in the heart of the city today.
Quivo at Pavilion KL combines the flavours
of Mediterranean and traditional Malaysian
cuisine for a delightful Ramadan menu. Be
spoilt for choice by a menu that includes oxtail
consommé, a tasting plate of hummus, falafel,
samosa, tabbouleh and sesame flat bread,
cucur udang, flaming chicken wings, wagyu
mini beef and beef rendang pizza. Break fast
at Quivo today on Level 3 of Pavilion, Jalan
Bukit Bintang, Kuala Lumpur. Call (03) 2141
7711 to make reservations or visit www.facebook.com/quivo.my for more information.
I
t is so big he claimed it “almost holds
up the sky”.
But Danish artist Olafur Eliasson
(pic) refused on Monday to reveal
just how tall the giant waterfall he
has created at France’s Palace of
Versailles actually is.
“The height is perfect,” he told reporters
as he unveiled the spectacular installation
which cascades into the Grand Canal of
the famous royal gardens outside Paris.
“Just as I intended, it will obscure the
sun when it sets on Midsummer’s Day,”
said the artist, who has previously wowed
New Yorkers with his 10-storey urban waterfalls and Londoners with a huge trippy
sunset at the Tate Modern gallery.
“Of course I could tell you how many
metres it is, but I am not going to because
we need to leave it to the public to make
up their minds how high is high,” he said.
Earlier, he admitted that he was “behaving like a small arrogant king” in not
revealing its height, adding cryptically that
the “size (of the waterfall) is decided by the
confidence in the more cosmic Baroque”.
Eliasson said he wanted to get away from
a “world where everything is reduced to
statistics... to resist the idea that we have
always to quantify the unquantifiable.”
Instead, he insisted the eight works he has
created for the palace built by “Sun King” Louis XIV, the most absolute of France’s absolute
monarchs, were created to give “everyone the
chance to become a king and queen.
Lost in the mist
“It is about decentralising the hierarchy of
the perspective... (to let everyone) winkle
out the secrets” of the visual tricks Louis
XIV and his architects used to impress and
overawe visitors to Versailles.
His other works include what he hopes
will be an enchanted misty ring in one of
the gardens’ many groves called the “Fog
Assembly” in which visitors are encouraged to “lose themselves”.
Unfortunately, its full effect was somewhat
obscured by a real fog on the morning of its
opening. The waterfall too was sometimes
lost in the mist.
An enormous fountain had featured in
the original plans for the baroque 17th-century palace drawn up by Louis XIV’s architect Andre Le Notre, but was never realised
despite attempts to pump water over a hill
from the river Seine.
“We are going to make the impossible possible,” Eliasson had
earlier declared, “to make dreams
come true”.
But Mother Nature in the
shape of the floods that swelled
the Seine last week almost undid
his plans, the 49-year-old artist
admitted.
“Several people... kept
working in the downpours while their
homes were threat-
ened by the water,” he said, paying tribute to
the workers who helped install the artworks.
Climate change is a major theme for the
artist, who grew up in Iceland. Another
of the works he has created in the Colonnade Grove at Versailles is from dust left
by a melting Greenland glacier that also
featured in an installation he made for the
COP21 climate change conference in Paris
late last year.
“For some people it might look like
worthless mud,” he said, but the fertility
of “this dust is what made civilisation”.
Eliasson’s installations — which
will be on show until Oct 30 — follow
British-Indian artist Anish Kapoor’s
controversial “Queen’s vagina” sculpture at the palace last year.
It was repeatedly defaced, once with
anti-Semitic graffiti, which drew
condemnation from French
President Francois Hollande.
— AFP/Relaxnews
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
Markets 2 5
BURSA MAL AYSIA MAIN MARKET
Bursa Malaysia
YEAR
HIGH
Sectorial Movement
INDICES
CLOSE
+/-
%CHG
INDICES
CLOSE
+/-
%CHG
KLSE COMPOSITE
1,657.85
-2.77
-0.17
TECHNOLOGY
21.59
-0.15
-0.69
KLSE INDUSTRIAL
3,116.23
-10.04
-0.32
FTSE BURSA 100
11,292.35
-18.15
-0.16
13,133.78
-18.40
-0.14
CONSUMER PRODUCT
591.17
0.71
0.12
FTSE BURSA MID 70
INDUSTRIAL PRODUCT
141.94
0.48
0.34
FTSE BURSA SMALL CAP
15,443.93
20.85
0.14
CONSTRUCTION
285.47
-1.80
-0.63
FTSE BURSA FLEDGLING
15,797.56
-31.28
-0.20
224.71
-0.25
-0.11
FTSE BURSA EMAS
11,598.49
-16.48
-0.14
14,330.23
-46.95
-0.33
FTSE BUR M’SIA ACE
5,447.91
-40.52
-0.74
TRADE & SERVICES
KLSE FINANCIAL
KLSE PROPERTY
1,157.41
-0.69
-0.06
FTSE BUR EMAS SHARIAH
12,157.72
1.07
0.01
KLSE PLANTATION
7,604.82
-36.76
-0.48
FTSE BUR HIJRAH SHARIAH
13,581.93
4.91
0.04
482.29
-16.21
-3.25
FTSE/ASEAN 40
9,114.28
1.68
0.02
KLSE MINING
Bursa Malaysia Main Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.850 0.550 0.805
4.270 3.350 4.020
13.500 5.327 12.320
0.480 0.220
—
6.320 4.052 5.810
2.000 1.110
—
5.299 2.977 4.250
64.156 40.235 51.880
0.080 0.040
—
0.979 0.550 0.560
1.870 0.880 1.590
0.660 0.427 0.500
0.400 0.230 0.320
13.500 10.731 13.500
1.278 0.702 1.210
2.847 2.150 2.180
1.970 0.454 1.210
3.290 1.670 2.620
0.085 0.025 0.030
2.417 1.336 2.030
1.380 1.010 1.370
0.175 0.065 0.095
0.075 0.040 0.045
0.990 0.785 0.990
57.000 40.020 57.000
0.165 0.065 0.100
0.265 0.075 0.095
0.280 0.165 0.205
0.460 0.190 0.280
2.620 1.693
—
0.325 0.210 0.215
0.940 0.640
—
24.620 16.547 24.620
0.940 0.475 0.705
1.353 0.990 0.990
1.207 0.356 0.925
0.966 0.553 0.780
1.640 0.720 1.000
2.760 2.070
—
1.200 0.930
—
0.175 0.040
—
15.180 11.735 15.060
8.290 4.141 8.200
1.196 0.860 0.950
0.533 0.380 0.410
5.280 2.850 4.400
1.416 0.963 1.330
0.555 0.340 0.520
2.699 1.816 1.950
1.420 0.623 1.050
1.170 0.515 0.625
3.160 2.200 2.260
3.965 2.221 3.320
0.215 0.025 0.095
0.935 0.560 0.790
2.540 1.742
—
1.180 0.920 1.050
0.115 0.035 0.045
8.100 5.160 5.260
9.700 2.950 9.030
0.405 0.130 0.330
0.405 0.215 0.285
3.410 2.010 3.410
0.895 0.700 0.770
2.343 1.422 1.470
4.585 2.119 4.370
0.125 0.020
—
1.397 1.141 1.290
1.090 0.810
—
1.319 1.080 1.180
5.053 4.382 5.020
0.140 0.025
—
1.650 1.100 1.350
76.600 68.397 76.600
2.900 2.186 2.850
0.200 0.080 0.110
0.370 0.220 0.295
1.079 0.614 0.905
0.760 0.460 0.555
2.550 1.841 2.550
7.261 6.368 6.910
2.448 1.193 2.390
30.200 19.941 30.000
0.768 0.587
—
0.370 0.200
—
0.885 0.275 0.475
1.140 0.725
—
0.229 0.123 0.170
0.580 0.402 0.495
2.071 1.391 1.600
16.784 14.079 16.480
0.614 0.458
—
2.077 1.348 1.570
1.610 0.945 1.580
2.931 1.789 2.380
4.650 3.662 4.420
1.650 1.340 1.520
1.438 1.180
—
0.546 0.270 0.285
1.030 0.495 1.030
1.430 0.548 0.590
0.120 0.055 0.065
2.450 0.890 1.820
1.411 0.704 1.030
0.060 0.035 0.045
2.750 1.671 2.530
1.520 0.730 1.130
0.745 0.365 0.575
0.450 0.280
—
3.039 1.930 1.960
1.430 0.352 1.240
1.834 1.040 1.270
1.610 1.184
—
0.570 0.435
—
0.510 0.170 0.455
10.432 4.880 5.600
2.430 1.530 2.190
1.010 0.430 1.000
0.098 0.035 0.040
0.670 0.390
—
0.607 0.225 0.230
2.410 1.430 2.350
0.655 0.190 0.640
1.150 0.799 1.130
3.490 1.958 2.330
2.055 1.335 1.410
INDUSTRIAL PRODUCTS
1.460 0.888 1.430
0.160 0.095
—
0.640 0.470 0.495
0.335 0.260
—
1.050 0.750
—
2.381 1.795 1.970
* Volume Weighted Average Price
DAY
LOW
0.780
3.840
12.280
—
5.790
—
4.230
50.100
—
0.555
1.590
0.490
0.310
13.280
1.200
2.150
1.130
2.550
0.030
2.020
1.360
0.090
0.045
0.990
56.800
0.095
0.085
0.205
0.260
—
0.210
—
24.480
0.675
0.990
0.910
0.770
0.980
—
—
—
15.000
8.030
0.935
0.395
4.110
1.310
0.510
1.950
1.020
0.600
2.230
3.220
0.080
0.770
—
1.040
0.035
5.250
9.030
0.315
0.280
3.260
0.765
1.460
4.330
—
1.270
—
1.180
5.020
—
1.330
76.400
2.820
0.100
0.280
0.890
0.525
2.500
6.870
2.330
29.580
—
—
0.460
—
0.160
0.490
1.580
16.320
—
1.500
1.560
2.310
4.400
1.460
—
0.275
1.000
0.580
0.065
1.780
1.010
0.040
2.500
1.130
0.570
—
1.940
1.210
1.230
—
—
0.450
5.300
2.150
0.950
0.035
—
0.225
2.320
0.620
1.110
2.330
1.400
1.390
—
0.490
—
—
1.960
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
5102
5606
5606PA
5187
3255
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
7165PA
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
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
GCB
GOLDIS
GOLDIS-PA
HBGLOB
HEIM
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
SGB-PA
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
CLOSING
(RM)
0.785
4.020
12.300
0.250
5.790
1.110
4.250
50.200
0.045
0.555
1.590
0.490
0.310
13.380
1.210
2.160
1.190
2.570
0.030
2.030
1.370
0.095
0.045
0.990
56.900
0.095
0.090
0.205
0.260
2.050
0.210
0.850
24.500
0.680
0.990
0.920
0.780
0.995
2.500
1.040
0.055
15.020
8.170
0.950
0.400
4.110
1.320
0.515
1.950
1.040
0.600
2.230
3.310
0.095
0.770
2.100
1.050
0.045
5.250
9.030
0.320
0.285
3.390
0.765
1.460
4.370
0.020
1.290
0.900
1.180
5.020
0.035
1.350
76.600
2.820
0.105
0.280
0.905
0.535
2.550
6.870
2.390
29.880
0.700
0.320
0.460
0.785
0.170
0.495
1.600
16.340
0.515
1.560
1.570
2.380
4.410
1.520
1.210
0.285
1.000
0.580
0.065
1.820
1.030
0.045
2.500
1.130
0.575
0.320
1.950
1.220
1.270
1.270
0.450
0.455
5.600
2.180
1.000
0.040
0.470
0.230
2.350
0.635
1.130
2.330
1.400
1.410
0.105
0.490
0.280
0.750
1.970
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.005
984.8
0.160
9.6
-0.060
73.9
—
—
-0.010
66
—
—
UNCH
9.5
-1.600
439.5
—
—
UNCH
317.1
UNCH
2
-0.005
100.2
-0.010
266.8
-0.060
57.5
UNCH
33
-0.010
69
0.060
262.4
-0.050
78.9
UNCH
267
0.010
119.1
-0.010
5.3
UNCH 1128.2
UNCH
901.1
UNCH
0.1
0.300
18.9
-0.005
956.4
-0.005
9675
-0.005
30
-0.005 1267.8
—
—
-0.005
399
—
—
UNCH
428.9
-0.030
317.4
UNCH
1
0.010
223.6
0.010
83.5
-0.015
94.8
—
—
—
—
—
—
UNCH
43.4
0.150
47.3
-0.005
468.6
-0.010
959.1
0.050
29.1
-0.010
177.4
-0.010
191.3
UNCH
4
0.020
303.6
-0.010
59.9
-0.010 1660.9
0.090
33.1
UNCH
28.1
-0.015
17
—
—
UNCH
30.7
UNCH
26.2
-0.030
31.1
0.030
1
-0.010
623.3
UNCH
30
0.150 2830.6
-0.005
191.9
-0.030
58.9
-0.030
69.6
—
—
UNCH
238.1
—
—
-0.010
10
0.020
3
—
—
-0.020
64.4
0.500
2.2
-0.040
14
UNCH 1036.6
-0.010 1587.1
0.010
96.6
-0.005 19939.9
0.020
144.9
-0.020
33.5
0.040
1010
0.280
37.1
—
—
—
—
-0.015
35.6
—
—
0.005
274
0.005
6
UNCH
326
0.060
379.3
—
—
0.070
151.8
-0.030
173.4
0.040
176.8
-0.010
174.6
UNCH
9
—
—
UNCH
585.7
UNCH
765.9
-0.010 1285.6
UNCH
341
0.040
106.2
0.020
680.8
UNCH
157
-0.040
479.9
0.010
0.8
-0.005
346.4
—
—
0.010
63.3
-0.010 1236.5
0.030
169.8
—
—
—
—
UNCH
361.9
0.240 1638.1
-0.020
17.9
0.040
305.9
UNCH
131
—
—
UNCH
392.7
0.010
318.1
UNCH
847.6
UNCH
222.5
0.010
4
UNCH
54
0.795
4.010
12.296
—
5.798
—
4.248
50.817
—
0.556
1.590
0.493
0.314
13.377
1.203
2.164
1.177
2.568
0.030
2.022
1.362
0.095
0.045
0.990
56.896
0.096
0.090
0.205
0.269
—
0.212
—
24.530
0.682
0.990
0.919
0.772
0.994
—
—
—
15.030
8.135
0.942
0.400
4.270
1.324
0.513
1.950
1.037
0.617
2.245
3.297
0.083
0.778
—
1.043
0.038
5.258
9.030
0.322
0.283
3.365
0.769
1.461
4.354
—
1.282
—
1.180
5.020
—
1.344
76.518
2.836
0.104
0.284
0.899
0.539
2.522
6.885
2.365
29.798
—
—
0.471
—
0.165
0.494
1.592
16.355
—
1.528
1.575
2.338
4.409
1.480
—
0.280
1.020
0.582
0.065
1.801
1.021
0.044
2.512
1.130
0.575
—
1.951
1.227
1.258
—
—
0.452
5.506
2.182
0.984
0.039
—
0.225
2.333
0.637
1.122
2.330
1.400
14.09
13.22
18.33
—
13.40
—
10.59
17.02
—
17.79
15.06
5.44
9.14
17.66
13.91
13.16
6.57
14.04
—
14.26
14.38
1.95
—
18.89
23.07
—
—
—
3.71
44.37
23.86
151.79
23.49
—
34.02
11.96
10.44
12.38
14.24
—
—
18.24
11.39
9.61
19.32
10.38
19.16
30.12
9.33
8.18
4.32
32.70
21.58
—
14.45
10.40
24.19
—
6.61
206.16
—
10.40
8.99
8.22
9.85
8.90
—
21.43
150.00
16.32
13.39
—
—
28.81
11.01
—
30.43
16.54
—
24.03
14.98
13.30
12.35
25.93
8.23
—
—
14.66
35.11
7.57
18.19
18.59
8.67
17.70
16.41
28.65
22.55
22.37
—
28.57
—
—
6.74
14.59
45.00
12.66
73.38
10.53
—
112.72
9.48
13.82
19.39
—
16.61
—
8.72
11.90
44.44
45.19
1.72
11.95
—
9.50
12.77
13.54
3.18
2.74
1.63
—
4.32
0.45
3.76
5.76
—
3.39
—
2.04
—
5.38
2.48
4.40
1.68
—
—
3.64
7.30
—
—
2.53
1.76
—
—
—
—
3.17
—
—
2.55
—
1.52
1.09
8.97
—
0.80
3.85
—
4.73
3.92
4.21
2.50
—
3.03
—
5.13
3.85
—
0.75
0.76
—
—
3.33
—
—
2.29
—
—
—
3.93
—
3.42
1.83
—
3.10
—
4.24
5.18
—
0.99
3.13
3.90
—
1.79
0.88
—
1.67
2.62
4.18
4.65
3.57
—
—
—
—
2.02
2.50
1.53
2.43
1.52
3.82
4.62
0.96
—
1.65
—
—
—
—
5.49
4.85
—
2.00
—
—
—
2.56
2.46
2.76
5.91
2.22
—
3.57
4.13
3.00
—
—
7.96
1.49
—
3.54
2.79
4.29
139.6
470.9
747.8
12.5
463.2
87.8
815.9
14,333.6
22.4
447.5
273.1
39.2
61.0
4,122.1
190.8
602.6
50.1
416.3
20.0
464.5
165.1
118.1
37.9
132.7
3,641.6
55.8
28.1
34.4
24.9
145.1
51.0
37.8
8,986.1
41.5
247.5
78.4
192.9
477.8
1,526.6
473.6
25.7
4,537.5
2,679.0
285.0
325.3
356.1
1,056.0
38.5
171.7
142.7
49.2
2,235.3
786.6
6.5
77.0
84.1
139.1
12.0
510.3
547.0
21.1
47.8
610.2
142.7
190.0
711.1
8.0
709.8
49.0
71.7
3,529.0
21.2
312.6
17,962.7
211.9
31.8
66.7
1,016.5
114.6
612.0
4,262.1
1,572.4
1,815.1
84.5
22.4
27.6
434.3
131.5
203.1
362.9
19,371.1
51.5
280.2
122.6
723.8
5,503.8
93.7
338.1
34.2
120.0
70.5
32.3
91.0
247.5
88.9
396.1
164.8
351.9
25.6
1,310.4
397.1
381.0
51.7
62.4
106.4
6,542.4
173.5
160.0
107.8
34.2
111.6
440.3
79.4
180.8
313.7
644.0
1.411
—
0.495
—
—
1.962
23.86
—
—
19.31
35.21
13.49
0.99
—
—
—
—
6.09
555.0
27.7
72.1
61.2
114.6
40.4
0.010
—
-0.005
—
—
0.010
1860.9
—
236.5
—
—
4.6
# PE is calculated based on latest 12 months reported Earnings Per Share
YEAR
LOW
DAY
HIGH
DAY
LOW
0.170 0.100 0.160
0.145
0.460 0.325
—
—
0.400 0.260 0.360
0.355
4.717 2.167 3.900
3.770
0.505 0.110
—
—
0.940 0.610
—
—
0.460 0.330 0.350
0.345
1.260 0.620 1.200
1.160
0.360 0.120 0.225
0.215
1.520 1.000 1.080
1.070
4.542 3.565
—
—
0.835 0.382 0.805
0.770
0.800 0.543
—
—
0.700 0.500
—
—
1.660 0.510 0.950
0.920
2.480 1.500 1.600
1.500
0.795 0.285 0.510
0.500
0.140 0.090
—
—
1.454 0.975 1.080
1.050
3.100 2.210 2.460
2.460
1.960 0.767 1.570
1.540
0.520 0.285 0.310
0.310
0.295 0.175
—
—
0.455 0.155 0.225
0.215
5.170 2.000 3.420
3.350
0.247 0.045 0.050
0.045
2.350 1.576 2.100
2.080
1.071 0.823 0.920
0.890
1.690 1.150 1.560
1.530
2.560 1.380 1.580
1.580
1.500 1.150
—
—
2.284 1.234 1.640
1.620
1.680 1.340 1.410
1.410
1.220 0.640
—
—
0.090 0.040 0.050
0.050
5.932 3.170 3.620
3.570
0.380 0.130 0.150
0.150
2.865 1.423 1.620
1.570
0.910 0.200 0.815
0.760
1.000 0.670 0.730
0.725
1.450 0.880 1.430
1.400
0.974 0.609 0.865
0.855
0.440 0.275 0.420
0.370
2.374 1.605 2.120
2.060
0.475 0.245 0.385
0.375
0.308 0.170 0.255
0.250
0.635 0.250 0.345
0.335
0.510 0.331
—
—
0.920 0.600 0.630
0.610
1.536 1.090
—
—
1.616 0.775 1.060
0.975
0.657 0.243 0.605
0.585
1.260 0.406 0.935
0.900
1.600 1.000 1.090
1.080
0.845 0.190 0.845
0.780
0.793 0.540 0.570
0.570
1.683 0.995 1.120
1.090
1.560 0.600 0.935
0.925
1.176 0.918 1.030
1.030
3.210 2.274 2.670
2.580
0.835 0.347 0.510
0.495
2.469 1.977 2.230
2.230
3.090 1.183 2.020
1.980
1.570 1.370
—
—
2.970 0.670 1.740
1.680
0.075 0.040 0.050
0.045
0.390 0.200
—
—
0.130 0.075 0.095
0.090
0.565 0.285 0.340
0.335
0.312 0.173 0.255
0.255
0.135 0.070 0.105
0.100
1.080 0.805 0.870
0.870
0.750 0.320 0.470
0.470
6.095 3.792 4.150
4.090
3.500 2.640
—
—
1.790 1.110 1.290
1.260
0.985 0.706
—
—
0.525 0.200 0.320
0.300
0.905 0.130 0.200
0.190
1.768 0.918
—
—
0.990 0.530 0.800
0.800
0.430 0.310
—
—
0.095 0.025 0.030
0.025
3.991 2.852
—
—
0.130 0.050 0.060
0.050
0.960 0.760 0.825
0.800
2.190 1.371 2.100
2.080
0.400 0.220 0.270
0.265
0.120 0.045 0.090
0.085
0.175 0.135 0.150
0.150
0.280 0.075
—
—
1.320 0.920 1.090
1.090
2.830 1.210 1.900
1.860
1.810 1.051 1.230
1.200
0.230 0.145 0.175
0.170
1.290 0.353 1.160
1.070
0.985 0.430 0.540
0.510
3.440 2.930 3.120
3.100
2.561 1.556 1.800
1.780
0.200 0.070 0.080
0.080
1.873 1.249 1.450
1.420
0.665 0.390 0.475
0.460
2.703 0.937 1.250
1.160
0.775 0.335 0.440
0.410
9.402 5.839 6.530
6.400
0.600 0.400
—
—
5.740 4.286 4.990
4.950
0.520 0.330
—
—
0.600 0.360
—
—
9.636 7.800 8.190
8.040
0.605 0.384 0.560
0.545
0.784 0.420 0.585
0.575
0.605 0.420 0.455
0.445
0.205 0.110 0.120
0.120
0.075 0.030 0.035
0.030
0.115 0.045 0.050
0.045
0.475 0.220 0.350
0.325
0.360 0.110 0.340
0.330
0.095 0.060 0.085
0.075
4.084 3.056 3.680
3.660
0.740 0.330 0.590
0.565
0.776 0.495
—
—
0.590 0.350 0.455
0.455
0.945 0.652 0.920
0.865
0.430 0.175 0.375
0.350
0.755 0.490
—
—
1.650 1.090 1.240
1.240
2.100 1.640
—
—
1.340 0.605 0.905
0.875
0.110 0.060 0.095
0.090
1.894 0.848 1.570
1.510
0.665 0.325 0.635
0.590
2.930 2.090 2.680
2.660
2.600 1.040 2.060
2.040
1.170 0.810 0.850
0.820
0.600 0.210 0.530
0.515
0.200 0.065
—
—
0.645 0.100 0.405
0.375
0.705 0.454 0.550
0.540
1.200 0.647 1.200
1.160
1.300 0.890 0.960
0.950
0.095 0.050 0.095
0.085
7.511 5.096 6.740
6.650
1.740 1.560 1.660
1.650
0.735 0.381 0.625
0.625
6.180 3.923 5.990
5.940
0.330 0.090 0.105
0.105
23.160 19.769 22.000 21.800
6.982 2.655 4.320
4.260
13.700 5.305
—
—
1.338 0.759 1.260
1.210
3.169 1.362 3.130
2.990
0.650 0.430 0.500
0.480
0.480 0.340
—
—
1.170 0.650 0.900
0.885
0.380 0.300 0.355
0.320
0.625 0.400 0.570
0.560
1.180 0.450 1.130
1.120
0.190 0.100 0.105
0.100
1.700 1.360
—
—
0.950 0.690
—
—
6.330 5.550 5.980
5.960
0.520 0.224 0.475
0.445
0.960 0.633 0.790
0.785
CODE
7146
5198
2682
7609
9954
2674
4758
6556
9342
5568
5015
7214
7162
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
5271
9997
5436
5146
6033
3042
7095
7172
8869
6637
8117
8273
9458
9873
7168
7123
7544
7498
7765
7232
7803
COUNTER
AEM
AFUJIYA
AISB
AJIYA
AKNIGHT
ALCOM
ANCOM
ANNJOO
ANZO
APB
APM
ARANK
ASTINO
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
PECCA
PENSONI
PERSTIM
PERWAJA
PETGAS
PETRONM
PIE
PMBTECH
PMETAL
PNEPCB
POLY
PPHB
PREMIER
PRESTAR
PRG
PWORTH
QUALITY
RALCO
RAPID
RESINTC
RUBEREX
CLOSING
(RM)
0.150
0.440
0.360
3.770
0.155
0.815
0.350
1.170
0.220
1.070
3.710
0.775
0.635
0.520
0.950
1.600
0.510
0.110
1.050
2.460
1.540
0.310
0.265
0.225
3.350
0.050
2.090
0.920
1.530
1.580
1.150
1.630
1.410
0.720
0.050
3.600
0.150
1.580
0.810
0.725
1.410
0.865
0.420
2.120
0.380
0.255
0.345
0.510
0.625
1.140
0.985
0.590
0.905
1.080
0.830
0.570
1.100
0.935
1.030
2.670
0.500
2.230
2.000
1.420
1.710
0.045
0.215
0.095
0.340
0.255
0.100
0.870
0.470
4.150
2.800
1.280
0.855
0.300
0.200
1.050
0.800
0.310
0.025
3.090
0.055
0.825
2.100
0.265
0.085
0.150
0.080
1.090
1.870
1.200
0.170
1.090
0.535
3.120
1.780
0.080
1.440
0.465
1.200
0.415
6.530
0.490
4.990
0.375
0.360
8.130
0.560
0.580
0.455
0.120
0.030
0.045
0.330
0.335
0.080
3.660
0.580
0.635
0.455
0.880
0.350
0.575
1.240
1.850
0.875
0.090
1.510
0.635
2.680
2.050
0.830
0.520
0.065
0.375
0.545
1.160
0.950
0.095
6.700
1.650
0.625
5.990
0.105
21.960
4.300
13.400
1.250
3.130
0.500
0.345
0.885
0.335
0.560
1.120
0.105
1.480
0.800
5.980
0.445
0.790
+/–
(RM)
VOL
(‘000)
-0.010 5444.5
—
—
-0.010
128.6
0.030
253.9
—
—
—
—
0.010
47.4
UNCH 1846.6
-0.005 1008.9
-0.010
2.6
—
—
-0.030
736.3
—
—
—
—
0.020
395.6
0.030
3
0.015
66.3
—
—
-0.030
140
UNCH
1.5
UNCH
55.6
0.005
50
—
—
UNCH
40
-0.070
510.7
UNCH
9803
-0.010
397.2
UNCH
0.4
-0.020
91.1
-0.020
2
—
—
-0.010
313.8
0.010
1
—
—
UNCH
1590
0.030 2722.1
0.005
2.5
0.010
552.3
0.035 4616.9
-0.005
333.4
-0.010
377.8
UNCH
60.1
0.005
55
0.020
2
UNCH
149.5
0.005 1697.1
UNCH
198.5
—
—
0.020
103.4
—
—
-0.045
15843
-0.010 2056.4
UNCH 7812.7
-0.010
33.8
0.030
4303
UNCH
34
-0.010 2421.7
UNCH
103.1
UNCH
5
UNCH
238.6
-0.010
17.6
0.010
15
-0.020
705.2
—
—
-0.020
223.9
UNCH
1089
—
—
UNCH
171.4
0.005
35
-0.005
253.6
-0.005
1340
UNCH
50
UNCH
10
0.010 1041.6
—
—
-0.010 1064.9
—
—
-0.015 5054.3
0.010 6961.9
—
—
-0.025
2
—
—
UNCH
575.8
—
—
-0.005 9688.4
UNCH
20.5
-0.030
131.6
-0.005
50.8
-0.005
1192
UNCH
38
—
—
-0.010
100
0.010
195.4
-0.010
597.6
UNCH
205.5
-0.010 1802.4
0.025
153.2
-0.010
152.2
UNCH
4.5
0.005 1157.5
0.030
81.5
0.005 26074.2
0.040
65.9
-0.010 1936.5
-0.010 1245.2
—
—
0.010
18.1
—
—
—
—
-0.020
174.5
0.005
258.1
-0.005
283.6
UNCH
136.2
UNCH
151.5
-0.005
149.5
-0.005
432
-0.005 1979.9
-0.010
186
0.005 13501.7
-0.030
8
-0.005 1065.4
—
—
UNCH
10
-0.020 1247.3
-0.015 1257.7
—
—
0.030
1.4
—
—
-0.015 1629.3
-0.005
2420
-0.020
963.8
0.045
412.6
-0.010
43
-0.030
24
0.010
25.8
-0.005 1143.9
—
—
-0.015 8838.3
0.010
180.6
-0.030
669.8
0.010
19.9
0.005
1917
0.030
13214
0.010
327.2
UNCH
1.4
0.050
3.3
UNCH
370.4
0.180
387.3
0.040
90.2
—
—
UNCH
116.2
0.140 2510.7
-0.005 2179.6
—
—
-0.020
79
0.015
2.2
-0.010
118.4
UNCH
135.6
0.005
1322
—
—
—
—
UNCH
309.5
-0.020
197.5
UNCH
38.9
VWAP*
(RM)
PE#
(X)
DY
(%)
0.149
—
— 27.16
0.359
—
3.809 12.97
—
—
— 23.42
0.346 28.69
1.183
—
0.220
—
1.077
9.74
— 13.95
0.780
7.35
—
9.31
—
1.72
0.934
—
1.533
—
0.504 10.14
—
—
1.071 17.62
2.460 18.21
1.557 11.95
0.310
—
—
—
0.223
—
3.361
8.26
0.050
1.33
2.090 13.05
0.898 13.45
1.543 12.35
1.580
4.73
—
—
1.625
8.12
1.410 31.54
—
—
0.050
—
3.599 20.16
0.150
—
1.594
9.51
0.792
8.16
0.725 13.94
1.406
9.37
0.857 14.59
0.374
—
2.090 24.91
0.380
9.07
0.253
—
0.340 215.63
—
—
0.622
2.42
—
8.27
1.000
—
0.593
6.92
0.919
4.66
1.085
—
0.819 22.68
0.570
—
1.104
9.32
0.927 17.16
1.030 18.20
2.610
6.98
0.500 10.27
2.230 10.50
1.988
6.51
— 946.67
1.709 10.98
0.045
—
—
—
0.095
—
0.339
—
0.255 13.42
0.102
—
0.870 29.59
0.470
—
4.122 26.40
— 15.32
1.274
6.89
— 10.49
0.307
—
0.197
—
—
6.86
0.800 12.86
— 25.83
0.029
—
— 23.71
0.055
—
0.801
—
2.099 16.83
0.268
—
0.086 11.33
0.150 29.41
—
—
1.090 59.24
1.875
9.80
1.206 20.91
0.171 14.29
1.119 10.76
0.524 12.33
3.107 12.06
1.784 11.01
0.080
—
1.436
—
0.467 36.33
1.203
6.44
0.425
—
6.496 20.04
—
—
4.979 23.54
— 19.04
—
—
8.113 34.89
0.552 11.11
0.582
9.08
0.451
7.63
0.120
—
0.035
—
0.050
—
0.339
—
0.334
—
0.080
—
3.670 11.47
0.576
—
— 11.42
0.455
—
0.906 11.99
0.357 145.83
— 17.16
1.240
8.94
—
8.30
0.883
9.85
0.092
—
1.545
9.94
0.609
5.59
2.673 11.67
2.053 19.49
0.827
—
0.519
5.82
—
—
0.390
—
0.546 15.18
1.180 10.76
0.954 10.01
0.090
—
6.706 19.82
1.657
—
0.625
4.15
5.958 11.68
0.105
—
21.941 21.89
4.297
6.43
— 25.09
1.243 11.57
3.074 22.12
0.500
—
— 12.64
0.890
6.84
0.328 81.71
0.562
9.18
1.124 20.29
0.100 19.44
— 15.37
— 13.63
5.977
—
0.458
9.19
0.789 11.50
—
—
—
1.59
—
6.13
—
2.56
—
6.07
5.26
2.90
3.07
—
—
—
—
—
1.67
—
3.25
—
—
—
1.19
—
2.87
4.08
3.92
—
—
4.81
4.26
2.43
—
1.25
—
2.53
—
—
5.67
6.94
—
2.77
—
—
—
—
—
3.18
6.09
5.25
—
—
—
1.75
0.91
0.53
2.43
5.62
2.10
5.61
7.50
10.56
—
—
—
—
—
2.94
—
5.75
—
1.93
—
2.15
5.26
1.00
—
3.33
1.88
—
—
0.97
—
—
1.67
—
—
2.00
—
2.75
2.14
0.83
2.35
0.92
—
0.64
3.37
—
2.78
—
2.50
—
1.84
—
2.00
2.13
—
3.20
3.57
6.90
3.30
—
—
—
—
—
—
4.10
1.12
1.57
—
3.41
—
1.74
4.84
3.24
—
—
—
—
—
1.46
—
—
—
—
3.67
2.59
2.63
—
2.69
—
5.60
6.34
—
2.73
4.65
0.90
3.20
2.40
—
—
—
—
3.57
0.89
—
—
—
—
5.62
3.80
MKT CAP
(MIL)
36.4
79.2
47.5
287.1
9.0
109.5
76.6
611.6
65.2
120.8
747.9
93.0
174.1
36.8
58.0
397.5
24.5
30.4
541.8
147.7
289.0
50.9
26.0
28.2
643.7
68.1
1,124.9
421.0
183.6
70.7
47.2
488.2
155.0
33.0
22.1
3,867.8
6.8
839.9
113.4
405.1
535.8
86.5
31.5
579.3
39.7
46.0
92.7
6.3
138.8
188.1
1,904.2
103.5
191.5
177.4
142.1
94.6
931.1
207.4
87.7
589.1
49.0
546.9
206.4
265.0
136.8
242.2
23.8
93.1
45.7
85.1
52.8
241.8
49.8
6,810.3
155.2
587.2
171.3
215.5
241.8
42.6
223.0
24.8
28.1
1,480.4
49.9
91.1
168.0
35.3
80.1
67.4
13.9
138.2
174.5
1,168.5
80.9
107.9
33.1
1,385.8
277.0
83.9
371.2
1,002.6
81.7
51.7
4,175.7
27.6
1,803.8
36.0
54.0
6,908.0
139.2
208.8
141.1
38.6
39.5
62.6
236.9
42.9
138.6
152.2
141.8
34.7
19.1
81.0
79.4
40.3
49.8
222.0
183.8
59.9
165.9
56.9
268.0
625.4
36.9
147.4
3.6
120.0
105.9
183.9
71.5
89.9
53,600.0
310.2
81.0
594.8
58.8
43,453.0
1,161.0
1,029.2
100.0
4,068.9
65.7
55.2
97.3
112.9
102.0
165.8
68.7
85.8
33.6
523.0
61.1
181.1
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
26 Markets
T HU
BURSA MAL AYSIA MAIN MARKET
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
4.200 3.154 3.900
3.800
8.280 3.754 7.090
6.950
1.243 0.777 1.080
1.030
1.870 1.130 1.480
1.410
3.248 1.976 3.180
3.140
0.990 0.660 0.720
0.710
13.600 6.526 12.660 12.240
0.650 0.280 0.305
0.300
0.330 0.225 0.240
0.230
1.350 0.526 0.920
0.900
0.355 0.215 0.230
0.220
0.770 0.290
—
—
6.350 2.600 3.170
3.100
0.673 0.353 0.455
0.445
0.710 0.480
—
—
1.556 1.014 1.290
1.260
2.590 1.075 2.590
2.450
0.850 0.610
—
—
1.170 0.690 1.000
0.970
0.425 0.200 0.340
0.325
2.240 1.500
—
—
2.504 1.276 2.250
2.170
2.320 1.145 2.160
2.070
3.534 1.897 2.370
2.300
4.730 2.571 3.400
3.310
0.398 0.217 0.350
0.330
0.830 0.360 0.380
0.380
15.260 13.376 14.760 14.620
15.240 14.372
—
—
0.190 0.080 0.135
0.130
0.455 0.215
—
—
2.210 0.700 1.250
1.200
1.720 0.685
—
—
0.495 0.220
—
—
3.860 1.650 3.830
3.660
3.064 1.468 2.160
2.120
0.800 0.610 0.690
0.610
2.322 1.186 1.770
1.730
2.300 1.660 2.080
2.060
7.030 4.870 5.170
5.080
0.745 0.520
—
—
0.270 0.140 0.230
0.210
1.670 1.237 1.670
1.630
5.870 3.217 5.870
5.620
1.332 0.681
—
—
1.700 0.610 1.460
1.360
1.633 1.130 1.250
1.230
1.408 0.635 0.700
0.685
0.400 0.275
—
—
2.150 1.377 1.600
1.600
2.823 1.688 2.070
2.050
0.655 0.490 0.610
0.600
0.580 0.405 0.455
0.440
2.407 2.054 2.160
2.120
1.550 0.895 1.120
1.100
1.391 0.830 1.140
1.100
1.080 0.790 0.905
0.885
0.300 0.160 0.220
0.220
0.800 0.510 0.565
0.565
CONSTRUCTION
0.560 0.260
—
—
0.180 0.100 0.140
0.135
0.775 0.505 0.700
0.685
0.856 0.511 0.660
0.655
0.680 0.475 0.480
0.475
0.534 0.330 0.380
0.370
1.044 0.847 0.890
0.880
1.150 0.840 0.980
0.960
1.859 1.540
—
—
1.458 0.737 1.400
1.380
1.740 0.835 1.550
1.500
0.625 0.330 0.585
0.570
2.580 1.100 2.200
2.150
5.000 3.665 4.900
4.860
1.206 0.780 0.960
0.940
1.300 0.780 0.840
0.835
1.260 1.260
—
—
1.290 1.290
—
—
2.115 1.582 1.710
1.700
3.640 2.844 3.510
3.460
0.835 0.540 0.755
0.735
0.734 0.480 0.510
0.505
1.280 0.650 1.010
0.960
0.400 0.195 0.230
0.230
2.160 1.170 2.010
1.990
1.050 0.740 0.925
0.915
1.960 1.050 1.880
1.820
1.540 1.090
—
—
1.150 0.663 0.715
0.700
0.450 0.285 0.295
0.285
1.390 1.020 1.360
1.330
0.370 0.190
—
—
1.520 0.840 1.170
1.150
2.520 1.497 2.270
2.230
0.655 0.355 0.380
0.375
1.489 1.160
—
—
1.874 1.366 1.760
1.750
0.190 0.110 0.125
0.120
3.901 2.905 3.540
3.500
1.050 0.595 0.605
0.600
1.720 0.954 1.560
1.550
0.510 0.310 0.320
0.310
0.513 0.259 0.415
0.405
1.780 0.845 1.780
1.740
0.748 0.438 0.525
0.525
1.737 1.069 1.580
1.540
0.865 0.555 0.690
0.660
0.355 0.160 0.165
0.165
TRADING SERVICES
0.415 0.150 0.395
0.385
0.543 0.270 0.285
0.280
3.300 2.470 2.720
2.710
0.245 0.135 0.235
0.225
2.700 0.751 2.700
2.620
6.915 4.187 6.620
6.440
0.595 0.330 0.370
0.360
0.095 0.075
—
—
10.550 8.851 9.100
9.090
2.780 1.518 2.270
2.250
0.345 0.045 0.055
0.050
1.269 0.650 0.750
0.715
0.155 0.105 0.120
0.120
3.040 2.385 2.950
2.880
5.300 4.160 5.180
5.180
0.805 0.285 0.785
0.730
6.614 5.071 5.660
5.550
0.350 0.203 0.255
0.250
1.060 0.655 0.700
0.685
0.599 0.335 0.435
0.425
0.405 0.195 0.235
0.230
7.128 6.292
—
—
1.530 1.080 1.440
1.410
2.725 1.740 2.310
2.270
0.440 0.336 0.375
0.365
2.614 1.810 1.940
1.930
0.855 0.610 0.700
0.660
0.480 0.330 0.400
0.360
3.427 2.823 3.000
2.960
0.215 0.119 0.145
0.140
1.170 0.555 1.000
0.990
3.904 2.652 2.800
2.720
1.000 0.380 0.400
0.390
2.140 1.010 1.750
1.670
3.872 2.276 3.180
3.180
1.066 0.697 0.835
0.825
0.508 0.332 0.465
0.465
0.600 0.400 0.415
0.400
0.105 0.060 0.075
0.070
0.910 0.650 0.775
0.760
0.055 0.035 0.040
0.035
2.040 1.356 1.950
1.930
0.125 0.070 0.075
0.075
2.530 0.990 1.170
1.110
1.481 0.870 1.170
1.160
0.685 0.480 0.605
0.600
1.679 1.284 1.550
1.530
5.144 3.530 3.900
3.890
1.697 0.986 1.370
1.320
0.395 0.240 0.260
0.255
1.476 0.738 1.120
1.100
0.395 0.210
—
—
0.320 0.195 0.215
0.215
3.980 2.718 3.580
3.400
0.366 0.178 0.280
0.270
* Volume Weighted Average Price
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
5134
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
SAB
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
3.900
7.070
1.030
1.450
3.140
0.720
12.600
0.305
0.230
0.905
0.220
0.310
3.130
0.450
0.700
1.280
2.590
0.715
0.970
0.325
1.530
2.170
2.110
2.310
3.360
0.350
0.380
14.700
15.240
0.135
0.380
1.220
1.250
0.325
3.800
2.130
0.690
1.730
2.080
5.140
0.560
0.230
1.630
5.870
1.160
1.430
1.230
0.695
0.345
1.600
2.050
0.600
0.440
2.130
1.110
1.130
0.885
0.220
0.565
0.020
0.110
-0.050
0.030
-0.010
-0.010
0.180
UNCH
-0.020
-0.015
-0.025
—
0.010
UNCH
—
-0.010
0.140
—
-0.020
-0.015
—
-0.080
0.070
-0.030
-0.010
0.005
0.010
-0.060
—
0.005
—
0.010
—
—
0.060
-0.050
0.060
-0.020
UNCH
-0.030
—
0.015
0.030
0.250
—
-0.060
-0.010
0.015
—
UNCH
0.020
-0.010
-0.005
0.010
UNCH
0.010
0.005
-0.005
0.005
12.1
274.7
49
801.1
44.4
50
169.5
135
30
272.1
6
—
111.2
38
—
3586.7
639.4
—
21.2
80
—
6.2
1456.1
3622.2
211.6
698
10
4.4
—
200
—
38.2
—
—
313.9
70.5
12
194.4
59.5
2538.4
—
221.6
1840.4
134.7
—
492.3
5248.2
696
—
20.9
117.5
420.6
21
25.9
1546.1
696.2
85.1
139.6
43
7007
7070
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
ASUPREM
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
0.300
0.135
0.685
0.655
0.480
0.370
0.885
0.960
1.800
1.390
1.520
0.570
2.160
4.900
0.955
0.840
1.260
1.290
1.700
3.470
0.740
0.505
0.965
0.230
1.990
0.915
1.830
1.540
0.710
0.295
1.350
0.250
1.150
2.260
0.375
1.360
1.760
0.120
3.500
0.600
1.550
0.315
0.405
1.760
0.525
1.560
0.680
0.165
—
0.005
-0.010
-0.005
-0.005
-0.005
-0.005
-0.005
—
0.020
-0.020
-0.015
0.010
0.010
UNCH
UNCH
—
—
UNCH
-0.050
-0.015
0.005
-0.055
-0.010
-0.030
-0.010
0.020
—
-0.005
0.005
UNCH
—
-0.020
UNCH
UNCH
—
0.010
-0.010
-0.030
-0.005
-0.010
-0.005
-0.020
UNCH
UNCH
UNCH
0.020
-0.005
—
927.2
1491
40.1
347
140.5
69.8
953.9
—
541.6
928
326.9
3216
2805.1
888.4
85.2
—
—
1099.8
6366.4
1477
43.5
1361.4
48.5
251.2
255
891.4
—
34.5
15
2644.6
—
86.7
814.3
132
—
356.3
416
115.9
215.6
548.6
1718.8
195.5
133.8
10
2001.2
35
536
5238
5166
6599
7315
5099
5014
5115
0159
6351
7083
5194
5210
1481
6399
7048
7579
6888
5021
7251
7241
6998
5032
5275
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
AAX
AEGB
AEON
AHB
AIRASIA
AIRPORT
ALAM
AMEDIA
AMWAY
ANALABS
APFT
ARMADA
ASB
ASTRO
ATLAN
AWC
AXIATA
AYS
BARAKAH
BHS
BINTAI
BIPORT
BISON
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
0.390
0.280
2.720
0.225
2.660
6.560
0.365
0.080
9.100
2.250
0.050
0.740
0.120
2.900
5.180
0.755
5.630
0.255
0.695
0.435
0.235
7.000
1.440
2.280
0.370
1.940
0.700
0.400
2.990
0.145
1.000
2.800
0.400
1.750
3.180
0.835
0.465
0.415
0.075
0.765
0.035
1.950
0.075
1.150
1.170
0.605
1.540
3.900
1.350
0.260
1.100
0.275
0.215
3.400
0.275
-0.005
-0.005
-0.010
-0.005
0.060
0.010
0.010
—
UNCH
-0.070
UNCH
0.030
0.005
-0.050
0.130
0.035
-0.040
-0.010
0.010
UNCH
0.005
—
UNCH
UNCH
0.005
0.010
UNCH
0.005
-0.010
UNCH
0.015
0.040
UNCH
UNCH
-0.020
0.005
UNCH
UNCH
UNCH
-0.005
-0.005
-0.010
0.005
0.050
0.020
-0.005
UNCH
0.050
0.020
UNCH
UNCH
—
UNCH
-0.210
-0.005
16270.5
186.4
8.5
662.1
41034.3
888.3
2000.3
—
1
10
975
62748.6
965.6
1798.7
2
44948.4
7036.7
55
994
304.6
121.3
—
247.3
2073
10464.6
82.1
13.8
7
1352.6
1930
315.3
514
31
7
5
285.9
5
22.2
101.2
47.9
2375
39.5
103
3272.2
299.5
276
2590.9
18.5
4333.8
12.5
254
—
122
2718.1
857.6
# PE is calculated based on latest 12 months reported Earnings Per Share
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
YEAR
HIGH
3.852 19.82
7.019
9.62
1.032
9.69
1.440 11.74
3.147 17.68
0.711 218.18
12.486 12.11
0.300
—
0.232 15.54
0.906 48.92
0.229
—
—
—
3.132
2.56
0.449 13.16
—
—
1.279 17.07
2.521 22.96
— 61.64
0.971
—
0.337
—
—
—
2.216
9.31
2.115 10.34
2.319 12.91
3.345
8.60
0.335
2.55
0.380
—
14.702 19.76
—
—
0.131
—
— 53.52
1.222
5.89
—
—
—
—
3.770
8.51
2.139
5.48
0.613 56.10
1.749 11.09
2.072 42.45
5.127 15.68
— 127.27
0.217 30.26
1.657 11.88
5.724 27.77
—
9.61
1.428
—
1.240 19.84
0.694
—
—
—
1.600
7.72
2.058 18.44
0.603
—
0.449 17.81
2.133 14.19
1.103
8.77
1.119 15.52
0.893 14.87
0.220
—
0.565
—
1.28
1.69
5.83
4.14
3.50
—
1.90
—
—
3.31
—
6.45
—
2.67
—
1.53
1.16
3.50
—
—
—
3.69
2.37
1.73
3.72
—
—
7.48
7.22
—
—
—
—
—
2.37
8.45
—
4.86
4.81
1.95
1.79
—
6.75
2.04
2.59
—
4.80
4.32
—
1.88
4.49
—
—
4.69
2.24
1.48
2.26
—
—
534.0
889.8
75.0
459.7
414.5
53.0
2,903.9
26.7
78.7
181.5
110.0
24.8
939.0
84.4
28.0
1,451.8
640.6
32.0
406.8
29.2
319.8
260.4
168.8
1,571.2
1,494.8
171.4
68.4
1,817.2
5.1
20.9
24.4
48.9
50.5
49.7
400.0
205.5
61.4
284.1
265.1
6,449.2
59.9
52.6
716.2
852.3
92.8
167.8
1,437.7
538.5
29.1
213.3
679.9
55.0
17.6
511.2
534.3
377.3
141.6
76.6
57.3
18.29
—
13.95
7.63
25.95
24.83
17.70
16.24
8.09
11.54
44.97
22.53
5.30
18.48
—
4.21
—
—
12.82
15.57
12.74
—
10.20
23.23
6.00
34.01
9.54
—
6.79
6.89
9.27
—
25.90
12.24
19.23
21.86
8.80
20.00
23.49
—
16.45
5.83
1.29
13.78
18.55
9.84
—
—
—
—
2.92
6.11
0.63
5.41
3.39
4.17
1.67
2.52
1.32
2.19
2.31
2.45
—
—
1.98
1.16
1.41
2.02
1.35
—
—
—
1.51
—
3.17
—
2.46
—
3.70
—
—
2.21
2.67
3.68
5.11
—
5.43
0.83
2.58
—
1.60
—
1.70
1.92
—
—
13.8
39.4
331.2
199.0
389.7
88.5
305.7
169.8
166.9
743.7
1,300.3
206.8
558.6
11,837.1
373.3
293.1
9.8
23.3
990.5
12,455.1
384.8
86.3
423.0
43.2
1,008.6
917.5
550.0
210.2
85.2
19.8
873.1
57.9
635.3
1,071.6
245.2
124.1
597.1
38.0
572.3
464.4
2,004.0
100.9
194.6
116.9
91.6
1,962.1
81.0
139.4
0.390
—
0.282
—
2.713 33.87
0.227 24.19
2.666
5.85
6.558
—
0.365 14.96
—
—
9.099 33.14
2.263 10.68
0.050
—
0.734
—
0.120
—
2.899 23.37
5.180 30.51
0.759 22.27
5.597 20.91
0.255
6.73
0.693 113.93
0.430
—
0.231
—
— 24.35
1.423
—
2.282 13.08
0.370
—
1.939 38.26
0.680
—
0.385
—
2.980 14.42
0.141 18.83
0.995
—
2.774
—
0.395
—
1.739 53.03
3.180
5.83
0.831 10.72
0.465 32.07
0.402
—
0.075
—
0.766 24.68
0.040 58.33
1.945
9.30
0.075
—
1.147
9.06
1.167 10.85
0.601 18.50
1.542 28.10
3.900 17.14
1.352 28.85
0.259
7.30
1.103 14.14
—
—
0.215
—
3.459 15.86
0.275
3.92
—
35.71
1.47
—
1.50
1.30
—
—
3.85
1.33
—
1.11
2.08
4.54
5.31
—
3.55
3.92
2.88
—
—
3.14
—
4.23
2.70
1.68
—
—
5.51
—
—
6.79
—
1.14
1.57
4.79
1.61
1.37
4.00
3.92
—
2.56
—
6.09
4.70
—
1.43
2.44
2.22
—
2.05
—
—
4.41
—
1,617.8
114.8
3,818.9
36.0
7,402.7
10,884.3
337.4
19.2
1,495.9
135.1
21.7
4,341.0
79.7
15,094.5
1,313.9
196.3
49,675.6
97.0
573.3
182.3
50.4
3,220.0
446.5
2,615.1
1,729.1
733.9
3,500.2
94.0
4,039.6
434.4
236.3
4,054.0
93.6
381.0
320.4
319.2
59.3
70.0
54.0
93.7
74.7
484.9
130.2
1,008.7
468.0
585.2
8,107.1
614.9
1,822.5
63.9
554.4
16.5
66.9
2,827.5
195.0
1.097
1.567
1.450
1.380
0.802
0.625
1.519
0.285
0.370
2.735
1.800
4.640
9.900
1.880
0.500
2.690
0.070
0.410
7.778
1.412
3.458
0.015
0.505
6.790
0.882
1.380
0.335
1.980
0.455
0.415
1.971
0.379
1.827
4.379
1.499
0.650
0.325
0.410
0.350
0.735
1.881
2.620
1.804
0.165
6.970
1.080
3.410
1.485
0.755
0.950
2.306
1.340
9.171
2.617
0.524
0.105
0.205
0.371
2.380
0.930
0.110
0.950
0.860
1.850
0.145
2.750
0.496
0.715
1.828
1.410
0.120
1.381
1.570
0.500
0.240
7.047
25.957
0.250
6.948
0.250
0.415
4.404
3.259
3.310
1.150
0.200
0.450
0.845
0.917
0.660
0.150
2.429
0.240
0.400
1.310
1.404
1.747
8.808
0.900
2.677
1.530
2.580
3.094
0.215
2.608
0.435
1.662
2.123
14.496
1.850
0.505
0.260
6.961
0.855
1.500
0.550
2.858
1.091
2.989
1.950
1.430
0.700
2.600
0.815
2.938
0.545
4.541
1.438
0.075
3.236
0.965
1.710
FINANCE
14.164
2.694
4.372
12.234
12.300
6.071
1.911
4.180
8.950
5.480
0.500
1.304
13.760
10.100
15.800
2.640
0.902
0.910
0.185
2.700
0.730
15.980
1.280
2.980
8.886
1.884
4.180
1.920
1.455
19.380
0.960
—
0.135
0.691
0.659
0.478
0.375
0.881
0.969
—
1.386
1.515
0.578
2.171
4.873
0.950
0.838
—
—
1.700
3.485
0.744
0.506
0.985
0.230
1.999
0.922
1.848
—
0.709
0.288
1.349
—
1.161
2.235
0.376
—
1.757
0.125
3.530
0.603
1.552
0.315
0.409
1.764
0.525
1.562
0.680
0.165
YEAR
LOW
DAY
HIGH
DAY
LOW
0.810 0.850
0.825
1.047
—
—
0.710 1.300
1.290
0.970 1.160
1.140
0.481 0.595
0.595
0.425 0.445
0.440
1.160 1.200
1.200
0.145 0.150
0.145
0.110 0.195
0.180
1.852 2.380
2.300
0.815 1.670
1.630
3.722 4.530
4.480
6.510 8.520
8.360
1.034 1.820
1.790
0.380 0.410
0.410
1.773 2.600
2.590
0.060
—
—
0.265 0.290
0.275
4.433 7.750
7.670
0.975 1.000
0.975
2.800 3.190
3.170
0.005 0.010
0.005
0.250 0.380
0.370
5.320 6.520
6.430
0.683
—
—
0.920
—
—
0.205 0.270
0.255
1.450 1.760
1.760
0.315
—
—
0.290 0.370
0.325
1.638 1.860
1.860
0.230
—
—
1.250
—
—
3.904 4.360
4.300
0.955 1.030
1.000
0.350 0.550
0.520
0.165 0.175
0.175
0.232 0.400
0.380
0.180 0.285
0.280
0.500
—
—
0.940 1.540
1.520
2.192 2.320
2.280
1.151 1.610
1.600
0.127 0.160
0.155
5.312 5.750
5.620
0.510 0.825
0.795
1.914 2.070
2.050
0.962 1.420
1.400
0.484 0.755
0.745
0.650 0.685
0.660
1.654 1.860
1.840
0.875 1.170
1.150
6.880 7.690
7.600
1.490 2.160
2.130
0.320 0.355
0.350
0.060 0.070
0.065
0.155 0.170
0.165
0.236 0.260
0.255
1.241 2.100
2.050
0.560
—
—
0.065 0.080
0.075
0.660 0.755
0.755
0.583 0.855
0.825
1.207 1.800
1.780
0.085 0.100
0.095
1.646 2.120
2.080
0.378 0.435
0.435
0.445 0.565
0.555
0.820 0.890
0.870
0.896 1.130
1.130
0.055 0.065
0.065
0.816 1.230
1.210
1.400
—
—
0.230 0.270
0.255
0.135 0.160
0.160
4.718 6.710
6.700
18.503 23.880 23.500
0.030
—
—
5.139 5.630
5.570
0.145 0.160
0.150
0.205
—
—
2.040 2.740
2.690
1.559 2.280
2.240
2.310 2.370
2.320
1.000 1.060
1.040
0.100 0.170
0.165
0.340 0.365
0.360
0.528 0.625
0.605
0.591 0.790
0.760
0.420
—
—
0.090 0.115
0.115
1.529 2.340
2.270
0.135 0.185
0.175
0.195 0.220
0.210
0.968
—
—
1.160 1.200
1.180
1.293 1.350
1.340
6.485 7.680
7.610
0.710
—
—
1.360 1.770
1.710
1.310 1.320
1.320
2.206 2.520
2.500
2.380 2.420
2.420
0.100 0.115
0.105
1.842 2.120
2.050
0.330 0.340
0.340
1.192 1.440
1.420
1.471 1.580
1.580
10.030 14.020 13.900
1.229 1.600
1.560
0.290 0.300
0.290
0.100 0.120
0.110
5.792 6.720
6.610
0.460 0.855
0.830
0.882 1.380
1.330
0.330
—
—
2.540
—
—
0.854
—
—
2.218
—
—
0.860 0.970
0.955
1.130 1.190
1.190
0.455 0.455
0.455
1.560 1.950
1.900
0.370 0.650
0.650
2.086
—
—
0.410
—
—
3.566 4.410
4.340
0.744 1.050
1.030
0.025 0.035
0.035
2.310 2.700
2.680
0.435 0.965
0.950
1.349 1.670
1.640
10.780
2.028
3.070
9.702
9.572
4.126
1.329
3.170
7.329
3.841
0.310
1.192
11.509
7.327
12.153
1.778
0.572
0.832
0.105
1.750
0.460
13.847
0.624
2.564
7.901
1.100
2.700
1.290
1.209
16.745
0.725
13.880
2.230
4.230
10.240
—
4.590
1.690
4.120
8.800
4.560
0.390
1.240
13.260
—
14.860
2.600
0.690
0.895
0.130
2.680
0.510
15.760
1.160
—
8.400
1.210
2.750
1.410
1.310
19.240
0.730
13.820
2.200
4.130
10.220
—
4.510
1.640
4.000
8.730
4.480
0.375
1.220
13.180
—
14.740
2.600
0.680
0.895
0.120
2.680
0.500
15.600
1.150
—
8.250
1.190
2.700
1.380
1.300
19.100
0.730
CODE
5081
5208
7189
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
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
EIG
EITA
EKIB
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
0.850
1.180
1.290
1.150
0.595
0.440
1.200
0.150
0.195
2.340
1.650
4.530
8.380
1.820
0.410
2.600
0.065
0.275
7.700
0.980
3.190
0.010
0.375
6.440
0.780
1.000
0.255
1.760
0.395
0.325
1.860
0.265
1.310
4.360
1.000
0.535
0.175
0.380
0.285
0.635
1.530
2.310
1.610
0.155
5.750
0.795
2.060
1.410
0.750
0.685
1.840
1.160
7.620
2.150
0.350
0.070
0.170
0.260
2.060
0.750
0.075
0.755
0.825
1.800
0.100
2.100
0.435
0.555
0.890
1.130
0.065
1.220
1.540
0.265
0.160
6.700
23.880
0.055
5.600
0.155
0.260
2.690
2.240
2.350
1.050
0.170
0.360
0.615
0.790
0.450
0.115
2.280
0.180
0.220
1.060
1.200
1.350
7.660
0.770
1.740
1.320
2.510
2.420
0.110
2.110
0.340
1.440
1.580
14.000
1.580
0.300
0.115
6.720
0.835
1.330
0.550
2.600
0.900
2.530
0.955
1.190
0.455
1.950
0.650
2.150
0.410
4.350
1.040
0.035
2.680
0.950
1.660
0.015
—
-0.010
-0.010
UNCH
UNCH
-0.010
UNCH
0.015
0.030
UNCH
UNCH
-0.070
0.020
-0.015
UNCH
—
-0.010
0.050
-0.020
0.040
UNCH
0.005
-0.060
—
—
-0.010
UNCH
—
-0.055
UNCH
—
—
0.060
UNCH
UNCH
-0.005
-0.010
0.010
—
-0.010
UNCH
UNCH
-0.005
0.060
-0.025
UNCH
-0.020
0.005
-0.005
-0.020
-0.010
-0.060
UNCH
0.005
UNCH
UNCH
UNCH
-0.010
—
-0.005
-0.005
-0.015
UNCH
UNCH
0.030
UNCH
UNCH
0.010
UNCH
UNCH
0.010
—
0.010
-0.005
UNCH
0.080
—
UNCH
0.005
—
-0.040
-0.040
0.010
0.010
0.010
-0.010
0.015
0.025
—
UNCH
UNCH
UNCH
0.005
—
0.010
UNCH
UNCH
—
0.040
-0.010
0.010
UNCH
UNCH
0.010
UNCH
0.020
-0.010
UNCH
-0.020
-0.005
0.005
0.080
-0.015
-0.010
—
—
—
—
0.005
0.040
UNCH
0.050
-0.030
—
—
-0.010
-0.010
UNCH
-0.020
-0.005
-0.010
27
—
64.3
329.3
297
252.5
266.4
5588.7
30.3
41
238.9
2468.7
1805.9
750.3
31
33.3
—
13.6
1409.5
187.4
4
605
4855.2
5619
—
—
91
30
—
40.1
9.2
—
—
956.2
205.6
111.3
25
4483.7
95
—
46.7
361.3
3875.9
827.2
1181.6
3776.4
259.2
639.5
199
38.1
218.9
739.9
3879.7
1284
85
5160.4
3063
132.5
3196.7
—
513.1
1
2326.1
298.5
619.4
70.2
6
312
664.4
24.3
386
158.2
—
12247.9
61.8
71.3
191.3
—
544.3
240.3
—
542.4
84.7
18.1
171.9
11282.5
50.8
1110.3
11.6
—
55
76.8
1439.8
475
—
656.3
286.9
3258.4
—
34659.7
11
133.1
3.6
93941.1
120.1
40
162.7
102.2
7129.4
9.4
148
4382.5
4922.1
537.3
647.1
—
—
—
—
2284.5
2
0.1
20.4
1
—
—
2578.5
250.2
139
87.2
2046.2
3310.1
0.847
—
1.293
1.145
0.595
0.441
1.200
0.145
0.187
2.318
1.651
4.508
8.405
1.810
0.410
2.598
—
0.282
7.685
0.984
3.179
0.010
0.375
6.462
—
—
0.258
1.760
—
0.335
1.860
—
—
4.347
1.009
0.529
0.175
0.389
0.283
—
1.530
2.297
1.608
0.157
5.703
0.806
2.062
1.409
0.750
0.663
1.845
1.160
7.628
2.150
0.351
0.070
0.170
0.257
2.067
—
0.075
0.755
0.838
1.788
0.095
2.107
0.435
0.557
0.882
1.130
0.065
1.219
—
0.262
0.160
6.704
23.832
—
5.599
0.157
—
2.699
2.256
2.332
1.045
0.165
0.364
0.614
0.780
—
0.115
2.309
0.180
0.217
—
1.197
1.349
7.655
—
1.739
1.320
2.510
2.420
0.110
2.100
0.340
1.430
1.580
13.980
1.573
0.299
0.115
6.649
0.843
1.349
—
—
—
—
0.961
1.190
0.455
1.928
0.650
—
—
4.374
1.043
0.035
2.683
0.956
1.657
9.76
7.26
—
8.26
5.46
22.80
9.98
—
—
27.59
66.53
24.25
34.66
10.94
—
14.81
—
7.70
17.69
7.08
15.02
—
—
53.05
—
40.65
—
9.32
—
—
9.92
—
80.86
33.21
3.69
2.66
56.45
26.39
29.08
—
8.93
16.01
16.10
8.86
23.35
—
11.96
11.42
3.30
139.80
5.67
—
13.33
25.84
6.11
17.50
—
4.45
42.83
—
39.47
14.66
14.65
15.48
5.00
26.48
16.05
8.85
—
8.93
—
10.32
—
—
—
15.93
29.53
0.48
20.54
—
—
22.91
66.67
2.93
23.08
10.18
—
—
26.60
8.75
—
19.55
12.41
—
4.63
44.12
29.61
21.19
23.84
—
28.33
15.22
30.25
18.97
4.64
283.33
20.66
10.32
16.10
69.60
—
—
28.21
81.86
6.96
289.47
17.46
11.60
6.10
—
15.68
—
30.95
—
—
19.25
26.69
9.69
—
12.40
120.25
18.89
4.12
3.39
—
0.65
4.20
1.36
4.17
—
—
3.53
0.61
1.57
0.42
2.75
1.46
5.77
—
—
3.25
2.55
4.70
—
—
0.47
3.21
3.00
—
1.99
—
—
4.57
1.89
1.53
1.62
4.00
—
—
1.32
—
—
4.25
6.49
4.35
4.52
3.48
1.26
3.40
7.09
6.01
—
4.15
—
3.94
1.77
1.71
—
—
—
0.58
—
—
1.32
0.73
3.33
—
—
5.17
3.78
—
3.32
—
1.64
1.30
—
—
1.04
2.51
—
4.82
3.94
—
4.87
1.67
—
—
2.94
—
3.25
3.80
—
—
3.51
—
—
4.25
10.83
1.70
3.26
1.30
0.78
1.97
7.17
2.48
—
3.32
—
5.56
2.85
2.07
9.49
—
—
3.18
0.17
3.01
—
1.44
5.56
2.37
1.05
2.94
—
1.94
—
3.26
—
2.55
1.44
—
0.75
—
5.72
197.5
153.4
118.5
349.6
315.3
211.3
210.1
158.0
24.9
3,004.6
2,282.3
26,899.3
31,368.0
546.7
96.8
525.7
5.2
44.0
18,862.9
392.4
218.5
112.0
441.4
52,992.2
138.9
72.5
38.7
246.4
78.2
41.0
516.0
58.3
130.5
4,612.7
499.0
79.1
70.5
211.5
51.7
147.0
419.5
3,321.2
8,050.0
163.4
43,184.0
795.0
804.9
1,564.0
1,265.4
28.8
739.5
1,856.0
34,014.1
6,546.9
56.9
53.1
498.5
889.9
4,952.7
45.1
64.8
77.7
653.6
833.8
102.3
491.4
121.8
342.1
973.6
374.3
56.5
392.5
1,198.8
324.0
31.3
1,250.2
23,723.7
2.8
1,449.7
102.0
13.0
1,444.6
1,084.2
235.0
932.7
224.1
309.1
416.8
107.4
83.6
21.8
810.4
345.2
515.2
55.4
897.7
1,665.1
48,465.4
31.2
10,426.3
218.6
1,853.8
147.6
425.3
608.1
408.0
1,741.7
316.0
79,010.6
196.1
114.5
128.9
25,253.3
1,446.9
559.5
22.5
178.1
97.2
102.9
2,064.7
153.0
50.4
567.3
85.8
144.5
18.3
14,833.5
187.2
21.3
2,928.7
152.3
17,918.0
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
13.840
2.200
4.230
10.220
9.820
4.580
1.640
4.120
8.790
4.540
0.390
1.240
13.200
10.100
14.800
2.600
0.685
0.895
0.130
2.680
0.510
15.760
1.150
2.750
8.270
1.200
2.700
1.410
1.310
19.140
0.730
-0.040
12
-0.030
82.7
0.030
847.8
UNCH
22
—
—
-0.010
635.8
0.010
19
-0.010
85.4
-0.010
42.4
0.030 10954.1
0.005
141.4
UNCH
6.9
UNCH
544
—
—
UNCH
77
0.010
110
UNCH
388.2
UNCH
0.2
UNCH
43.1
UNCH
39
UNCH
147.9
UNCH
8.3
-0.010
217.6
—
—
-0.120 11639.3
UNCH
500.7
-0.050
110.9
0.030
190.6
UNCH
5
0.020 4429.2
UNCH
5
13.849
2.219
4.211
10.221
—
4.563
1.652
4.102
8.766
4.516
0.389
1.238
13.206
—
14.799
2.600
0.685
0.895
0.122
2.680
0.502
15.654
1.154
—
8.290
1.203
2.706
1.389
1.306
19.141
0.730
9.29
9.40
12.37
5.58
—
10.57
19.88
11.68
23.33
12.51
9.05
8.88
12.31
30.31
11.45
17.91
6.18
—
—
72.43
28.49
15.89
13.34
17.78
12.09
18.96
8.25
17.98
11.06
14.44
5.93
4.30
3.63
3.43
0.64
0.79
4.43
3.05
2.96
3.92
3.08
—
5.44
3.04
0.84
2.57
3.85
1.46
8.94
—
3.73
1.96
4.44
5.22
3.27
6.53
2.50
—
—
7.40
2.93
8.22
1,993.0
4,274.5
6,548.5
1,730.5
903.7
13,805.0
350.2
6,545.4
4,705.1
39,629.0
111.8
254.1
28,613.9
2,493.7
16,983.2
663.4
474.9
118.7
81.0
321.6
373.2
5,232.1
336.6
556.5
82,772.4
3,416.7
575.3
1,008.2
322.2
74,304.1
248.9
7
0
4
1
PROP
0
1
0
0
0
0
0
1
2
2
2
1
1
0
1
1
2
0
0
0
0
0
1
0
1
0
1
2
2
0
1
0
0
1
1
0
1
1
0
1
1
0
2
1
0
0
0
2
0
0
1
1
0
2
2
1
1
0
1
2
0
1
0
1
0
3
0
1
5
3
1
3
0
0
8
0
1
0
0
0
1
1
1
2
1
1
2
0
MINI
1
PLAN
0
18
9
1
0
9
0
8
2
11
1
1
1
2
3
0
0
5
24
3
3
0
4
1
1
0
2
4
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
1
2
1
0
0
6
0
3
0
0
5
0
10
* Volu
T HURSDAY J U N E 9 , 20 16 • T HEED G E FINA NCIA L DA ILY
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET
AP
IL)
7.5
3.4
8.5
9.6
5.3
1.3
0.1
8.0
4.9
4.6
2.3
9.3
8.0
6.7
6.8
5.7
5.2
4.0
2.9
2.4
8.5
2.0
1.4
2.2
8.9
2.5
8.7
6.4
8.2
1.0
6.0
8.3
0.5
2.7
9.0
9.1
0.5
1.5
1.7
7.0
9.5
1.2
0.0
3.4
4.0
5.0
4.9
4.0
5.4
8.8
9.5
6.0
4.1
6.9
6.9
3.1
8.5
9.9
2.7
5.1
4.8
7.7
3.6
3.8
2.3
1.4
1.8
2.1
3.6
4.3
6.5
2.5
8.8
4.0
1.3
0.2
3.7
2.8
9.7
2.0
3.0
4.6
4.2
5.0
2.7
4.1
9.1
6.8
7.4
3.6
1.8
0.4
5.2
5.2
5.4
7.7
5.1
5.4
1.2
6.3
8.6
3.8
7.6
5.3
8.1
8.0
1.7
6.0
0.6
6.1
4.5
8.9
3.3
6.9
9.5
2.5
8.1
7.2
2.9
4.7
3.0
0.4
7.3
5.8
4.5
8.3
3.5
7.2
1.3
8.7
2.3
8.0
3.0
4.5
8.5
0.5
3.7
5.0
0.2
5.4
5.1
9.0
1.8
4.1
3.9
3.7
3.2
3.4
4.9
8.7
1.0
1.6
3.2
2.1
6.6
6.5
2.4
6.7
5.3
8.2
2.2
4.1
8.9
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
7.248 4.911
0.700 0.505
4.440 3.654
1.798 1.063
PROPERTIES
0.990 0.693
1.200 0.760
0.495 0.354
0.260 0.155
0.680 0.425
0.690 0.470
0.909 0.745
1.300 0.900
2.342 1.570
2.308 1.434
2.497 1.939
1.080 0.430
1.832 1.380
0.335 0.210
1.670 1.170
1.200 0.625
2.950 1.750
0.920 0.655
0.600 0.445
0.898 0.693
0.498 0.332
0.665 0.420
1.459 1.005
0.750 0.430
1.911 1.547
0.668 0.455
1.313 0.950
2.824 2.213
2.450 1.735
0.500 0.315
1.160 0.745
0.325 0.185
0.070 0.040
1.200 0.850
1.755 1.100
0.477 0.324
1.548 1.209
1.630 1.179
0.355 0.220
1.129 0.805
1.692 1.240
0.852 0.607
2.602 1.999
1.380 1.032
0.615 0.495
0.980 0.555
0.412 0.263
2.810 1.842
0.457 0.286
0.255 0.145
1.482 0.775
1.500 0.770
0.390 0.265
2.740 1.760
2.980 1.463
1.993 1.473
1.970 1.320
0.500 0.280
1.477 1.253
2.200 1.679
0.285 0.195
1.730 0.715
0.957 0.625
1.080 0.855
0.635 0.450
3.275 2.740
0.200 0.130
1.074 0.726
5.482 4.111
3.400 2.800
1.150 0.810
3.240 2.836
0.845 0.675
0.315 0.225
8.648 6.000
0.080 0.045
1.623 1.133
0.180 0.085
0.747 0.215
0.095 0.045
1.935 1.350
1.149 0.774
1.344 0.740
2.350 1.680
1.555 1.100
1.744 1.000
2.060 1.474
0.775 0.595
MINING
1.390 1.140
PLANTATIONS
0.367 0.182
18.360 16.560
9.500 7.612
1.536 1.032
0.813 0.620
9.141 7.500
0.550 0.380
8.036 6.777
2.016 1.166
11.560 8.494
1.753 1.202
1.470 0.980
1.020 0.790
2.490 1.881
3.800 2.990
0.735 0.593
0.785 0.545
5.040 3.622
24.780 19.357
3.569 2.891
3.600 2.146
0.645 0.345
4.070 2.410
1.820 1.360
1.860 1.500
0.979 0.787
2.850 1.930
4.965 3.900
0.350 0.200
1.220 0.800
0.675 0.465
4.080 3.442
3.300 2.653
0.825 0.450
5.030 3.610
2.140 1.654
0.810 0.510
1.610 1.090
1.730 1.150
2.326 1.712
6.234 5.280
27.900 23.977
HOTELS
0.695 0.497
1.280 0.830
0.345 0.205
6.817 4.800
TECHNOLOGY
0.900 0.600
0.370 0.195
0.190 0.100
0.430 0.240
0.255 0.130
0.235 0.150
0.279 0.173
1.747 1.138
1.960 0.517
2.056 1.149
1.220 0.710
0.305 0.185
0.310 0.240
6.795 3.040
0.719 0.520
3.912 2.174
0.170 0.100
0.872 0.555
5.950 3.382
0.250 0.060
10.480 5.449
—
0.540
4.020
1.560
—
0.525
3.850
1.510
1066
4898
6139
5230
0.900
1.080
0.445
0.185
0.430
0.480
0.780
1.090
1.580
1.500
2.240
0.735
1.740
0.255
1.280
—
2.060
0.765
0.540
0.795
0.410
0.450
1.350
—
1.790
0.520
—
2.410
2.350
0.470
0.975
0.200
0.060
—
1.130
0.410
1.370
1.580
0.245
0.990
1.500
0.720
2.520
—
0.515
0.900
0.340
2.540
0.340
—
1.140
0.820
0.300
1.910
—
1.600
1.440
0.415
—
1.730
0.255
1.130
0.705
—
0.460
3.050
0.160
—
4.830
3.160
0.840
3.030
0.700
0.240
—
—
1.430
0.090
0.220
0.050
1.450
1.010
1.110
2.340
1.120
—
1.900
0.615
0.895
1.070
0.435
0.180
0.430
0.480
0.780
1.050
1.580
1.490
2.180
0.710
1.670
0.250
1.260
—
2.060
0.755
0.535
0.790
0.400
0.430
1.300
—
1.780
0.505
—
2.340
2.320
0.450
0.935
0.195
0.050
—
1.120
0.395
1.360
1.560
0.235
0.985
1.470
0.700
2.490
—
0.510
0.865
0.330
2.490
0.325
—
1.090
0.800
0.300
1.810
—
1.580
1.420
0.400
—
1.730
0.250
1.070
0.700
—
0.455
3.030
0.155
—
4.810
3.060
0.835
3.000
0.700
0.235
—
—
1.380
0.085
0.215
0.045
1.420
0.995
1.070
2.330
1.110
—
1.880
0.610
1007
5959
1007PA
4057
6602
9814
3239
5738
6718
5049
5355
3484
3417
3557
8206
6076
8613
6815
6041
5020
9962
1147
1503
7010
5062
4251
5084
1597
5249
5175
1589
6769
3115
7323
5038
3174
8494
5789
3573
7617
8583
6181
5236
5182
5040
1694
8141
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
1.200
1.190
2186
KUCHAI
0.290
17.900
8.550
1.490
0.680
—
0.445
—
1.520
10.640
1.410
1.470
—
2.420
3.400
—
—
4.420
23.540
—
3.390
0.605
4.060
—
—
0.840
—
—
0.245
—
0.525
—
—
—
4.100
—
0.685
1.160
1.680
1.960
—
26.600
0.270
17.900
8.500
1.470
0.660
—
0.440
—
1.480
10.580
1.400
1.440
—
2.360
3.330
—
—
4.350
23.240
—
3.320
0.590
4.060
—
—
0.810
—
—
0.245
—
0.520
—
—
—
4.090
—
0.670
1.140
1.660
1.920
—
26.580
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
0.285
17.900
8.500
1.480
0.660
7.880
0.445
7.650
1.500
10.600
1.410
1.450
0.860
2.420
3.400
0.700
0.695
4.360
23.300
3.200
3.390
0.595
4.060
1.360
1.600
0.840
2.300
4.000
0.245
0.985
0.520
3.750
2.990
0.560
4.100
1.900
0.670
1.140
1.670
1.950
5.850
26.580
—
0.865
0.270
5.290
—
0.850
0.265
5.240
5592
1643
1287
5517
GCE
LANDMRK
PMHLDG
SHANG
0.545
0.860
0.265
5.270
—
0.005
-0.005
-0.070
—
89.8
434
91.9
—
0.857
0.268
5.272
—
0.215
0.115
0.290
0.165
0.165
0.270
1.560
1.780
1.530
0.880
0.255
0.250
3.530
0.550
3.160
0.150
0.670
5.150
0.145
7.350
—
0.215
0.100
0.285
0.155
0.160
0.260
1.550
1.710
1.510
0.855
0.245
0.240
3.480
0.530
3.030
0.150
0.655
4.790
0.140
7.260
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
0.650
0.215
0.100
0.285
0.165
0.165
0.265
1.550
1.730
1.510
0.860
0.250
0.250
3.490
0.530
3.060
0.150
0.655
5.150
0.140
7.310
—
UNCH
UNCH
-0.005
0.005
-0.005
0.005
0.020
-0.010
-0.030
-0.015
-0.005
UNCH
-0.030
-0.020
-0.070
-0.010
-0.010
0.300
UNCH
-0.070
—
1083.1
2904
263
1769
124
3438.9
17.2
608.6
3
121
2289.8
61.1
355.9
2
2008.2
23.9
1079.6
309.5
450
110.7
—
0.215
0.105
0.289
0.162
0.161
0.264
1.556
1.755
1.523
0.866
0.250
0.244
3.499
0.531
3.062
0.150
0.659
5.037
0.140
7.310
* Volume Weighted Average Price
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
RHBCAP
TA
TAKAFUL
TUNEPRO
6.100
0.530
3.870
1.530
—
-0.005
-0.130
-0.020
—
152.3
324.5
851.8
—
0.531
3.992
1.522
10.50
—
20.18
15.32
1.97
1.04
3.71
3.27
18,755.5
907.3
3,174.1
1,150.2
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
GUOCO
HOOVER
HUAYANG
IBHD
IBRACO
IGB
IOIPG
IVORY
IWCITY
JKGLAND
KBUNAI
KEN
KSL
L&G
LBICAP
LBS
LIENHOE
MAGNA
MAHSING
MALTON
MATRIX
MCT
MEDAINC
MENANG
MJPERAK
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
0.895
1.080
0.440
0.180
0.430
0.480
0.780
1.050
1.580
1.490
2.220
0.715
1.680
0.255
1.280
0.650
2.060
0.765
0.535
0.790
0.410
0.445
1.300
0.440
1.790
0.515
1.050
2.410
2.330
0.465
0.960
0.195
0.055
0.970
1.130
0.405
1.370
1.580
0.240
0.990
1.500
0.710
2.500
1.190
0.515
0.880
0.330
2.510
0.330
0.190
1.110
0.820
0.300
1.870
2.530
1.600
1.420
0.400
1.310
1.730
0.250
1.090
0.700
0.955
0.455
3.030
0.160
0.860
4.810
3.100
0.835
3.010
0.700
0.240
6.230
0.050
1.410
0.085
0.215
0.050
1.450
1.000
1.090
2.330
1.110
1.000
1.890
0.610
-0.010
62.3
0.010
73
0.005
32.7
UNCH 1764.8
UNCH
9
-0.015
13
0.005
5
0.010
33
0.010
144.4
0.020
13.4
-0.020
72.5
-0.025
54.9
-0.040 2170.8
UNCH
446
UNCH
248.7
—
—
0.010
12.3
-0.005
38
-0.005
63
-0.010
53
UNCH
10.9
0.010 4573.4
-0.030
48.2
—
—
UNCH
18.8
0.010
391
—
—
UNCH
46.2
UNCH 1668.8
0.015 1837.3
0.025 1629.8
-0.005
267.9
UNCH 20871.7
—
—
UNCH
139.6
0.010 6399.6
UNCH
88
UNCH
425.5
UNCH
341.4
UNCH
41
UNCH
132.8
-0.010
624.5
-0.020
58.8
—
—
-0.005
40
-0.010 1190.3
0.005
94.5
-0.030
617.1
UNCH 1267.7
—
—
UNCH 3346.6
0.035
33
UNCH
310
0.060
263.4
—
—
0.020
120.6
-0.030
29.1
UNCH
396.8
—
—
0.010
14
-0.005 1275.9
UNCH
233.8
0.005
94.9
—
—
UNCH
84
0.020
27
-0.005
343.8
—
—
-0.020
13.5
-0.010 6339.8
UNCH
76
-0.020
743.4
UNCH
72.5
UNCH
71.6
—
—
—
—
0.050 1369.8
-0.010
411.6
-0.005
40
UNCH
6757
0.020
3
-0.010
66.2
0.020 6128.7
-0.010
418.4
-0.040
8.9
—
—
-0.010
492.3
UNCH
91.4
0.900
6.65
1.071 17.79
0.439
—
0.185
0.46
0.430
5.11
0.480
8.41
0.780 50.65
1.075
—
1.580 20.15
1.496
9.50
2.203 17.63
0.723
—
1.694 57.14
0.254
9.17
1.270 44.14
—
—
2.060 27.58
0.759 29.20
0.538
4.26
0.790
6.45
0.400
9.60
0.441
4.87
1.302
4.38
—
—
1.788
4.29
0.513 11.34
— 11.92
2.372 15.69
2.330
8.26
0.461 10.92
0.961 369.23
0.195
7.77
0.055
—
—
7.46
1.125
4.84
0.403
4.63
1.365
6.40
1.573 10.51
0.240
—
0.987
2.20
1.489 10.44
0.706
9.21
2.503
9.64
— 12.12
0.512
—
0.882
7.14
0.334
7.73
2.503
6.46
0.331 13.41
—
—
1.116 19.75
0.813
5.19
0.300
—
1.864 25.13
— 11.69
1.591
3.35
1.433 11.07
0.405
—
— 10.51
1.730
4.33
0.250
—
1.095 51.42
0.702 12.01
—
9.45
0.456
—
3.046
8.68
0.160
—
— 13.50
4.823
3.18
3.092 10.19
0.836 15.32
3.015
7.72
0.700 15.91
0.240 27.59
— 22.64
— 125.00
1.402
6.30
0.090
—
0.218 69.35
0.050
—
1.430
7.15
1.000
7.66
1.093 23.85
2.331
8.04
1.115 10.75
—
6.85
1.898 48.71
0.612 25.31
3.35
1.39
4.55
1.67
—
—
1.28
—
3.16
13.42
2.25
—
—
—
—
—
—
—
3.74
5.38
4.88
—
1.54
—
7.26
2.93
3.33
4.15
2.58
—
—
1.54
—
3.09
6.19
4.94
3.65
2.22
—
8.08
4.33
4.23
6.06
1.68
—
—
6.48
2.79
9.09
—
2.25
—
—
1.87
2.96
3.13
5.81
—
5.73
2.60
—
2.75
2.29
3.14
—
7.26
—
2.33
2.49
3.13
—
3.65
7.14
1.38
5.14
—
6.38
—
—
—
3.10
7.00
1.47
6.44
2.70
8.75
—
—
538.4
394.3
129.7
178.7
177.4
99.2
868.2
289.5
443.1
149.0
471.1
221.2
2,116.4
195.4
3,026.3
181.1
280.6
97.9
75.1
575.0
154.0
202.3
910.6
17.6
472.6
510.9
521.2
3,289.2
10,307.1
207.2
642.9
147.9
317.7
186.0
1,145.5
442.8
103.3
889.3
86.8
329.6
3,614.1
318.4
1,412.2
1,588.4
253.7
235.1
84.8
1,052.8
398.4
54.7
2,094.1
46.3
229.2
467.5
366.5
2,244.6
600.6
82.4
692.8
660.1
86.5
152.2
164.4
407.0
100.7
733.6
33.6
416.3
1,652.8
8,148.4
667.0
5,997.4
217.0
1,277.2
466.3
211.0
599.4
28.5
81.0
69.5
522.0
1,447.5
4,945.8
3,543.4
540.6
199.4
834.3
515.1
1.190
-0.040
16
0.020
113
-0.200
1.8
-0.050
6
UNCH
75.2
-0.015
26.9
—
—
-0.005
162.3
—
—
-0.020 6421.1
-0.020
149.5
0.010
87.1
0.010
48
—
—
UNCH
0.4
UNCH
37
—
—
—
—
-0.040 10855.2
-0.080 1245.7
—
—
0.030
10.7
-0.005 2256.2
-0.010 1990.2
—
—
—
—
0.005
11.8
—
—
—
—
0.005
28
—
—
UNCH
83.4
—
—
—
—
—
—
UNCH
62.8
—
—
-0.020
397.9
-0.030
16.5
-0.020 1302.9
0.010
124.2
—
—
0.180
1.2
# PE is calculated based on latest 12 months reported Earnings Per Share
—
0.71
147.3
0.278
—
17.900
9.98
8.525 227.88
1.478 20.79
0.669 20.75
— 27.33
0.444 90.82
— 15.33
1.503
—
10.606 50.19
1.403
4.82
1.444 32.58
—
—
2.375 21.14
3.377 123.64
—
—
— 16.16
4.374 30.01
23.318 17.76
—
—
3.358 14.30
0.598
—
4.060 96.90
—
—
—
—
0.810 41.58
—
6.73
— 53.40
0.245
—
—
—
0.521
—
— 42.71
—
—
—
—
4.096 16.71
— 40.43
0.677 13.99
1.144 20.88
1.668 14.10
1.947
—
— 24.76
26.583 18.15
1.193
1.26
2.79
0.24
9.46
2.27
2.03
—
3.27
2.67
0.52
0.71
2.76
9.30
3.31
1.47
1.67
—
1.83
1.93
0.31
3.83
—
2.34
—
—
1.79
0.43
1.50
—
—
—
1.60
0.67
—
1.22
3.95
2.24
1.75
8.98
1.03
2.74
1.50
188.1
7,803.5
794.8
2,368.0
210.2
719.9
376.5
1,081.6
5,472.2
8,380.4
314.3
260.0
159.5
1,936.0
2,994.0
294.5
332.3
28,173.5
24,872.9
202.2
1,057.0
1,115.6
5,713.7
423.9
120.0
165.1
276.0
280.8
36.7
321.8
737.6
243.2
198.3
64.4
1,811.1
532.0
992.7
1,007.6
664.9
2,623.6
1,223.9
5,532.2
—
—
—
18.86
3.67
—
—
2.66
107.4
413.5
246.1
2,318.8
67.01
9.07
—
24.57
—
—
18.40
9.97
47.40
11.95
49.14
—
9.03
16.97
57.61
19.15
—
9.34
8.12
—
9.06
—
—
—
—
—
—
3.77
3.87
1.73
5.30
—
—
2.00
3.15
3.77
2.31
—
10.31
0.58
—
3.15
32.0
107.9
43.6
281.6
69.5
84.0
205.4
279.0
357.7
273.5
560.3
172.6
120.8
983.8
53.6
2,926.9
15.4
1,359.9
221.5
116.8
1,534.3
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
1.300 0.890 0.940
0.940
0.495 0.360 0.390
0.385
0.706 0.410 0.525
0.485
0.360 0.210 0.265
0.250
0.915 0.560 0.765
0.740
0.475 0.235
—
—
0.100 0.035 0.050
0.040
2.474 1.498 2.380
2.320
3.840 2.684 3.720
3.710
0.932 0.615 0.655
0.655
INFRASTRUCTURE PROJECT COMPANIES
5.648 4.252 4.730
4.650
5.500 3.804 5.500
5.500
1.950 1.010 1.170
1.130
0.575 0.335 0.405
0.385
7.924 5.408 7.230
7.200
1.600 1.400 1.480
1.450
CLOSED-END FUNDS
2.380 2.100 2.300
2.280
EXCHANGE TRADED FUNDS
1.090 1.035
—
—
1.805 1.550 1.640
1.640
1.540 1.015
—
—
1.785 1.580
—
—
1.010 0.900 0.945
0.944
1.015 0.850 0.876
0.874
1.175 0.990
—
—
1.075 0.940
—
—
REITS
1.040 0.875 1.030
1.020
1.580 1.243 1.560
1.530
1.112 0.881 1.010
0.990
0.831 0.672 0.750
0.740
0.910 0.730 0.905
0.885
1.089 0.956
—
—
1.710 1.463 1.680
1.670
1.550 1.206 1.550
1.520
1.510 1.321
—
—
1.620 1.199 1.580
1.550
7.580 6.718 7.580
7.360
1.170 0.954 1.150
1.140
1.820 1.346 1.720
1.700
1.690 1.376 1.690
1.650
1.230 1.045
—
—
1.660 1.397 1.660
1.650
1.080 0.936 1.080
1.070
SPAC
0.705 0.650 0.690
0.690
0.695 0.595 0.685
0.685
0.475 0.415 0.450
0.450
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
0.940
0.385
0.525
0.265
0.745
0.360
0.045
2.380
3.720
0.655
UNCH
UNCH
0.035
UNCH
-0.015
—
UNCH
0.030
0.010
-0.005
7
295.2
181
115
892.7
—
722.1
818.2
23.3
5
0.940
0.389
0.491
0.259
0.750
—
0.046
2.348
3.719
0.655
—
34.38
—
14.89
7.48
7.00
—
10.33
17.15
9.52
—
—
—
—
—
—
—
4.20
0.54
3.05
56.8
104.1
204.5
64.0
109.2
38.6
54.4
1,746.5
870.1
162.4
6947
6645
6807
5078
5031
6742
DIGI
LITRAK
PUNCAK
SILKHLD
TIMECOM
YTLPOWR
4.690
5.500
1.160
0.395
7.210
1.460
-0.010
UNCH
0.030
0.005
-0.020
-0.010
7992.9
3
452.3
1574.9
215
1304.5
4.690
5.500
1.150
0.396
7.218
1.461
22.21
16.44
—
—
9.25
12.37
4.48
4.55
—
—
0.93
6.85
36,464.8
2,876.1
521.2
277.1
4,150.1
11,828.3
5108
ICAP
2.290
-0.010
14
2.295
14.34
—
320.6
0800EA
0822EA
0823EA
0820EA
0826EA
0825EA
0821EA
0824EA
ABFMY1
CIMBA40
CIMBC50
FBMKLCI-EA
METFAPA
METFSID
MYETFDJ
MYETFID
1.085
1.640
1.180
1.690
0.944
0.874
1.055
0.990
—
0.015
—
—
0.004
0.004
—
—
—
5
—
—
21
9
—
—
—
1.640
—
—
0.945
0.875
—
—
—
—
—
—
—
—
—
—
5.24
4.00
—
1.48
—
2.46
2.25
3.18
1,432.7
2.2
14.6
2.8
17.9
17.5
265.3
21.4
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
1.030
1.530
1.000
0.750
0.900
1.070
1.680
1.530
1.510
1.580
7.360
1.150
1.710
1.660
1.210
1.660
1.080
0.020
-0.030
0.010
0.005
-0.005
—
0.020
-0.020
—
UNCH
-0.220
UNCH
-0.020
-0.020
—
0.010
0.010
6
5
891.1
447.4
330.1
—
55.5
1297.8
—
1741.7
13.3
105.8
140.5
1134.5
—
10
139.3
1.022
8.77
1.548 15.85
0.995 39.22
0.746
7.52
0.900
8.44
—
8.71
1.671 18.79
1.530 12.80
— 138.53
1.563 21.32
7.457 11.70
1.150 10.73
1.711 18.21
1.671
8.71
— 12.09
1.655
6.36
1.079 25.59
6.80
5.03
1.20
6.80
7.30
7.34
5.00
5.62
6.95
5.11
4.74
3.62
4.81
5.49
5.73
6.64
6.96
103.0
1,114.2
580.0
514.8
515.9
130.3
1,847.7
3,103.3
605.0
5,503.7
13,287.3
760.6
5,163.9
4,886.9
339.4
702.0
1,430.3
CLIQ
REACH
SONA
0.690
0.685
0.450
UNCH
UNCH
-0.005
104.1
2020
420
0.690
0.685
0.450
—
—
—
—
—
—
435.3
875.3
634.8
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
5234
5256
5241
Ace Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.450 0.225 0.375
0.315 0.095 0.300
0.429 0.240 0.250
0.075 0.040 0.045
INDUSTRIAL PRODUCTS
0.338 0.172 0.270
0.100 0.045 0.050
0.610 0.365 0.375
0.273 0.094 0.130
0.605 0.260 0.550
0.060 0.040 0.045
0.880 0.355 0.400
0.125 0.070 0.095
0.275 0.110 0.180
0.145 0.085 0.090
0.190 0.120 0.140
0.150 0.060 0.065
0.500 0.293 0.380
0.195 0.105 0.160
0.205 0.120 0.130
0.155 0.085 0.130
0.210 0.120 0.165
0.340 0.115 0.130
0.263 0.161 0.195
TECHNOLOGY
0.260 0.100 0.245
0.615 0.270 0.290
0.245 0.100 0.140
1.600 0.255
—
0.015 0.005
—
1.310 0.750 0.775
0.095 0.005
—
0.080 0.045 0.065
0.095 0.045 0.050
0.150 0.060 0.090
0.355 0.190 0.270
0.095 0.045 0.060
3.150 1.030 1.070
0.060 0.035 0.040
0.125 0.080 0.095
0.155 0.060 0.070
1.393 0.452 0.540
0.150 0.035 0.050
0.300 0.150 0.165
0.854 0.523 0.640
1.060 0.275 1.060
0.350 0.180 0.200
0.080 0.040 0.050
0.260 0.100 0.210
0.325 0.105 0.265
0.230 0.050 0.195
0.970 0.500 0.585
1.950 0.805 1.250
0.588 0.281 0.520
0.135 0.060 0.100
0.075 0.055 0.060
0.787 0.450 0.500
0.295 0.175 0.210
0.315 0.180 0.210
0.195 0.075 0.100
1.058 0.599 0.835
0.060 0.025 0.040
0.115 0.050 0.060
0.170 0.085 0.110
0.900 0.536 0.625
0.319 0.270 0.285
0.730 0.165 0.420
0.110 0.030 0.080
0.325 0.150 0.180
0.150 0.060 0.070
0.728 0.313 0.535
0.125 0.010
—
0.644 0.300 0.315
0.160 0.060 0.060
0.410 0.170 0.185
0.150 0.065 0.090
0.450 0.276 0.430
0.180 0.080
—
0.293 0.150 0.170
0.145 0.100 0.120
0.275 0.140 0.205
0.370 0.075 0.290
0.185 0.065 0.100
0.380 0.025
—
0.235 0.110 0.120
0.560 0.451 0.540
TRADING SERVICES
0.300 0.150
—
0.160 0.095 0.105
0.080 0.035 0.040
0.390 0.196 0.390
0.290 0.180
—
0.600 0.350 0.480
0.760 0.300
—
0.475 0.260 0.325
0.250 0.155
—
0.240 0.140 0.180
0.245 0.120 0.185
0.350 0.260 0.270
0.303 0.168 0.245
0.020 0.005 0.010
0.370 0.130 0.260
0.775 0.445 0.470
0.970 0.480 0.570
2.605 1.659
—
0.273 0.195 0.205
0.485 0.325 0.485
0.055 0.030 0.035
1.478 0.446 1.350
0.215 0.100 0.135
0.705 0.110 0.155
FINANCE
0.570 0.390 0.425
DAY
LOW
CODE
COUNTER
0.370
0.290
0.245
0.040
0179
0170
0148
0095
BIOHLDG
KANGER
SUNZEN
XINGHE
0.370
0.295
0.250
0.040
-0.010
-0.005
Unch
-0.005
2730.9
3043.7
55
3998
0.371
0.294
0.250
0.041
23.72
17.66
—
1.10
—
—
1.84
2.50
185.0
235.5
119.8
93.9
0.255
0.045
0.370
0.120
0.540
0.040
0.390
0.095
0.175
0.090
0.140
0.060
0.375
0.155
0.120
0.125
0.165
0.125
0.190
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
0.265
0.045
0.375
0.120
0.545
0.045
0.395
0.095
0.180
0.090
0.140
0.060
0.375
0.160
0.130
0.130
0.165
0.125
0.195
0.010
-0.005
0.005
Unch
Unch
0.005
-0.005
Unch
0.005
Unch
-0.005
Unch
-0.005
Unch
0.005
Unch
0.010
Unch
0.005
3747.6
496.4
1164.8
2543.6
315.2
55.2
1119.2
609
370
734
15
1583.8
150
280
2926.2
415
2
324.2
45
0.263
0.049
0.371
0.123
0.544
0.040
0.395
0.095
0.179
0.090
0.140
0.061
0.379
0.157
0.125
0.127
0.165
0.127
0.191
13.45
—
22.19
9.38
15.89
—
26.33
—
—
—
—
—
9.59
14.81
11.82
10.66
—
—
13.00
2.26
—
0.80
—
—
—
0.84
—
—
5.56
—
—
1.87
—
—
3.08
—
—
2.56
70.1
19.5
149.4
26.0
112.0
36.0
121.9
31.7
24.4
102.9
33.9
16.7
83.6
24.1
37.2
31.6
91.7
26.9
33.4
0.225
0.275
0.125
—
—
0.765
—
0.055
0.050
0.085
0.265
0.055
1.030
0.040
0.095
0.065
0.505
0.045
0.155
0.640
0.975
0.200
0.050
0.205
0.135
0.170
0.510
1.230
0.495
0.095
0.060
0.495
0.210
0.200
0.100
0.820
0.040
0.055
0.100
0.615
0.280
0.400
0.075
0.180
0.065
0.525
—
0.310
0.060
0.180
0.080
0.425
—
0.155
0.115
0.195
0.280
0.095
—
0.120
0.540
0018
0181
0119
0068
0039
0098
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
0035
0040
0079
0005
0123
0007
0106
0135
0178
0060
0117
0169
0093
0129
0050
0132
0120
0069
0066
0141
0086
0009
ACCSOFT
AEMULUS
APPASIA
ASDION
ASIAEP
BAHVEST
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
OPCOM
OPENSYS
ORION
PALETTE
PRIVA
PUC
REXIT
SCN
SEDANIA
SKH
SMRT
SMTRACK
SOLUTN
SRIDGE
SYSTECH
TDEX
VIS
VIVOCOM
VSOLAR
WINTONI
YGL
YTLE
0.235
0.285
0.125
0.275
0.010
0.775
0.005
0.060
0.050
0.090
0.270
0.060
1.050
0.040
0.095
0.065
0.525
0.045
0.155
0.640
1.050
0.200
0.050
0.205
0.135
0.180
0.585
1.230
0.495
0.100
0.060
0.500
0.210
0.200
0.100
0.825
0.040
0.060
0.110
0.620
0.285
0.420
0.075
0.180
0.065
0.535
0.010
0.310
0.060
0.180
0.085
0.425
0.130
0.165
0.115
0.200
0.280
0.100
0.025
0.120
0.540
-0.005
0.010
Unch
—
—
0.005
—
-0.005
-0.005
0.005
Unch
0.005
-0.020
0.005
-0.005
Unch
0.020
Unch
-0.010
0.060
0.085
0.005
Unch
Unch
-0.105
0.005
0.035
Unch
-0.005
-0.005
Unch
0.005
Unch
Unch
-0.005
-0.055
Unch
0.005
0.010
-0.010
0.005
0.015
-0.005
-0.005
-0.005
-0.005
—
0.005
Unch
Unch
Unch
-0.005
—
0.005
Unch
-0.010
-0.010
Unch
—
Unch
Unch
851.1
3066.7
400.2
—
—
20
—
22447.4
941
1752
70
180
204.3
13
1378.2
457.6
20384.5
1155.1
9883.2
3
3295.4
1370.8
68.6
536.7
94583.8
5912.9
9.1
69.1
3133.2
1899.3
200
215
20
983.3
2674.8
67.5
14133.5
2582.2
1406.7
78.5
1314.4
2216.3
1577
538
1026.5
39.1
—
540
558
393.7
851.1
568.5
—
1153.2
235.9
233
23188.4
8448.9
—
103.8
52.4
0.238
—
0.282 22.09
0.134
—
—
—
—
—
0.772 215.28
—
—
0.061
—
0.050 71.43
0.085
—
0.266 23.89
0.056
—
1.056
4.91
0.040 16.00
0.095
—
0.066
—
0.524 36.97
0.046
—
0.160 21.83
0.640 46.38
1.019 20.00
0.200
7.84
0.050
—
0.205 15.89
0.189
—
0.182
—
0.569 17.36
1.238 17.47
0.506 15.57
0.098
—
0.060
—
0.500 10.08
0.210
—
0.204
—
0.100
—
0.829 36.83
0.040
—
0.055
3.90
0.103 157.14
0.621 11.38
0.283 11.54
0.409
—
0.079 10.14
0.180 40.00
0.066 50.00
0.531 13.65
—
—
0.312 25.20
0.060
—
0.181
—
0.085
—
0.426 15.45
—
—
0.163 40.24
0.115
—
0.199
—
0.282 19.31
0.097
—
—
—
0.120
—
0.540 20.93
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.90
—
—
1.56
—
2.50
—
—
—
—
—
—
2.22
—
—
4.00
—
—
—
2.42
—
—
—
3.23
3.09
—
—
1.11
—
3.74
—
—
—
—
—
2.35
—
3.64
—
—
—
—
—
—
7.41
150.5
125.1
35.1
32.0
8.1
337.1
0.5
29.3
67.8
134.2
244.9
45.3
36.9
11.6
25.0
32.2
319.4
18.8
346.1
80.6
129.2
94.5
37.0
48.6
26.6
35.4
55.0
187.1
151.4
18.7
57.2
81.5
19.8
142.1
23.2
393.0
50.0
113.0
65.6
100.0
84.9
50.8
24.0
100.5
70.4
101.3
2.0
62.0
33.3
51.4
27.2
85.0
15.7
52.4
43.2
22.1
724.4
30.4
12.8
23.2
729.0
—
0.105
0.035
0.325
—
0.470
—
0.290
—
0.180
0.185
0.260
0.235
0.010
0.240
0.455
0.560
—
0.200
0.485
0.035
1.270
0.135
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
0.250
0.105
0.040
0.385
0.195
0.480
0.600
0.320
0.160
0.180
0.185
0.270
0.240
0.010
0.250
0.465
0.560
2.010
0.205
0.485
0.035
1.300
0.135
0.150
—
Unch
Unch
0.050
—
0.005
—
0.030
—
Unch
Unch
0.010
Unch
Unch
Unch
Unch
0.005
—
-0.005
Unch
Unch
0.040
Unch
Unch
—
13.5
245
5934.1
—
162
—
8228.2
—
10
20
25
1457
573.3
6187.4
55
41.5
—
70
20
145
1014.7
20
5311.4
—
0.105
0.036
0.359
—
0.473
—
0.310
—
0.180
0.185
0.265
0.240
0.010
0.252
0.465
0.561
—
0.202
0.485
0.035
1.300
0.135
0.150
92.59
—
—
17.58
24.38
20.69
28.44
19.39
11.43
—
71.15
—
14.20
—
—
—
21.96
13.42
30.60
—
—
29.61
54.00
13.04
—
—
—
3.27
5.13
—
—
—
—
1.67
—
—
2.92
—
—
0.43
—
2.49
7.32
—
—
0.58
—
—
66.5
49.7
38.1
97.0
32.2
90.9
83.0
163.3
28.6
44.1
60.0
13.1
49.6
9.7
35.9
352.2
75.4
86.0
84.5
120.0
34.6
222.0
27.7
83.5
0.420
0053
OSKVI
0.420
-0.005
0.3
0.422
—
4.76
83.0
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
28 Markets
T HU
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
0.340
0.035
0.280
0.265
5238WA
0.085
0.020
0.040
0.035
7086WA
0.170
0.050
0.170
0.150
0018WA
0.150
0.060
0.135
0.125
7315WB
1.190
0.320
1.190
1.180
0.470
0.085
0.470
0.410
0.060
0.605
WARRANTS
VOL PARENT
EXE
(‘000)
PRICE PRICE
PR’M
(%)
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
WARRANTS
0.030
0.010
0.015
0.060
0.030
0.040
1.160
0.805
0.330
CLOSE
(RM)
+/(RM)
VOL PARENT
EXE
(‘000)
PRICE PRICE
PR’M
(%)
EXPIRY
DATE
0.015
0109WB
FLONIC-WB
0.015
Unch
766
0.045
0.050
44.44
06/11/2019
0.040
0116WC
FOCUS-WC
0.040
0.005
20
0.060
0.050
50.00
06/11/2019
1.020
0.995
5398WE
GAMUDA-WE
0.995
-0.015
1378.7
4.900
4.050
2.96
06/03/2021
0.085
0.220
0.210
5226WA
GBGAQRS-WA
0.220
0.005
1059.2
0.955
1.300
59.16
20/07/2018
CLOSE
(RM)
+/(RM)
AAX-WA
0.270
-0.005
19472.7
0.390
0.460
87.18
08/06/2020
3.200
1.500
2.750
2.750
2291WA
GENP-WA
2.750
Unch
4.5
10.600
7.750
-0.94
17/06/2019
ABLEGRP-WA
0.035
0.005
75.1
0.105
0.150
76.19
19/01/2017
0.580
0.185
0.320
0.295
318225
GENTINGC25
0.300
-0.020
1205.6
8.380
7.000
1.43
18/07/2016
ACCSOFT-WA
0.150
-0.010
2438.5
0.235
0.100
6.38
18/01/2019
0.220
0.090
0.105
0.100
318229
GENTINGC29
0.105
-0.005
182
8.380
9.300
21.63
30/11/2016
AHB-WB
0.135
Unch
1367.2
0.225
0.200
48.89
28/08/2019
2.380
0.530
1.690
1.630
3182WA
GENTING-WA
1.650
-0.020
890
8.380
7.960
14.68
18/12/2018
509926
AIRASIAC26
1.190
0.050
41
2.660
0.900
0.94
18/07/2016
0.265
0.125
0.155
0.140
1147WA
GOB-WA
0.150
0.010
713
0.445
0.800 113.48
24/12/2019
0.465
509927
AIRASIAC27
0.465
0.015
105
2.660
1.280
0.56
28/10/2016
0.100
0.020
0.050
0.045
0074WA
GOCEAN-WA
0.045
-0.005
77
0.095
0.340 305.26
07/08/2019
0.410
0.405
509928
AIRASIAC28
0.410
0.040
26
2.660
1.480
1.88
28/10/2016
0.055
0.025
0.030
0.030
7096WA
GPA-WA
0.030
Unch
105.9
0.095
0.100
36.84
03/06/2025
0.185
0.605
0.580
509930
AIRASIAC30
0.605
0.050
190.3
2.660
2.000
20.68
31/01/2017
0.090
0.005
0.010
0.010
7022CG
GTRONIC-CG
0.010
Unch
45
3.490
6.300
82.23
30/09/2016
0.365
0.060
0.365
0.340
509931
AIRASIAC31
0.360
0.030
4182.6
2.660
1.500
1.05
15/08/2016
0.710
0.145
0.685
0.680
3034CN
HAPSENG-CN
0.680
0.005
20
7.700
5.000
0.26
30/08/2016
0.480
0.125
0.480
0.465
509932
AIRASIAC32
0.480
0.010
412.5
2.660
1.500
1.50
30/09/2016
0.315
0.220
0.260
0.260
3034CR
HAPSENG-CR
0.260
Unch
86.7
7.700
6.600
2.60
30/11/2016
0.315
0.110
0.315
0.285
509933
AIRASIAC33
0.305
0.025
35822.8
2.660
2.100
7.61
28/10/2016
6.200
3.100
6.010
5.980
3034WA
HAPSENG-WA
5.980
Unch
29.9
7.700
1.650
-0.91
09/08/2016
0.300
0.125
0.300
0.280
509934
AIRASIAC34
0.300
0.020
4599.8
2.660
2.000
9.02
28/02/2017
0.120
0.015
0.015
0.015
5168CS
HARTA-CS
0.015
Unch
30
4.150
6.000
47.47
31/01/2017
0.315
0.190
0.315
0.300
509935
AIRASIAC35
0.315
0.015
2601.9
2.660
2.000
10.71
17/02/2017
1.510
0.625
1.040
1.020
5095WB
HEVEA-WB
1.040
Unch
497.3
1.280
0.250
0.78
28/02/2020
0.105
0.005
0.060
0.060
9342WA
ANZO-WA
0.060
-0.005
305.1
0.220
0.250
40.91
19/11/2019
0.190
0.017
0.185
0.165
5072WA
HIAPTEK-WA
0.165
-0.015
1821.7
0.300
0.690 185.00
09/01/2017
0.095
0.015
0.020
0.020
5194WA
APFT-WA
0.020
Unch
21
0.050
0.400 740.00
13/07/2018
0.810
0.360
0.380
0.380
5169WA
HOHUP-WA
0.380
-0.015
5
0.840
0.600
16.67
21/12/2018
0.165
0.050
0.100
0.080
0119WA
APPASIA-WA
0.100
0.010
277.7
0.125
0.130
84.00
23/12/2024
0.345
0.195
0.225
0.210
7213WB
HOVID-WB
0.210
-0.015
688
0.400
0.180
-2.50
05/06/2018
0.100
0.005
0.020
0.010
521011
ARMADA-C11
0.020
0.010
10335.7
0.740
1.000
40.54
07/10/2016
0.840
0.010
0.035
0.030
65119
HSI-C19
0.035
0.010
269.9
11,129 22,800 105.15
29/06/2016
0.050
0.015
0.025
0.025
521014
ARMADA-C14
0.025
0.005
100
0.740
0.950
35.14
30/09/2016
1.210
0.095
0.295
0.245
65120
HSI-C20
0.270
-0.010
13218.7
11,129 21,400
0.135
0.055
0.105
0.095
521015
ARMADA-C15
0.100
0.015
1605
0.740
0.800
21.62
28/02/2017
0.630
0.160
0.365
0.330
65121
HSI-C21
0.355
Unch
3622.5
0.075
0.050
0.070
0.060
521016
ARMADA-C16
0.065
0.010
738.4
0.740
0.800
23.04
30/11/2016
1.000
0.365
0.740
0.725
65122
HSI-C22
0.740
-0.010
117.1
0.080
0.050
0.080
0.065
521017
ARMADA-C17
0.075
0.015
6756.2
0.740
0.850
30.07
22/02/2017
0.550
0.200
0.435
0.415
65130
HSI-C30
0.425
0.010
0.130
0.005
0.010
0.010
5210C6
ARMADA-C6
0.010
Unch
1660
0.740
1.000
37.84
30/08/2016
0.540
0.220
0.430
0.420
65136
HSI-C36
0.420
-0.005
0.155
0.020
0.035
0.030
5210C8
ARMADA-C8
0.030
Unch
1397
0.740
0.880
29.05
28/11/2016
1.310
0.170
0.190
0.170
65125
HSI-H25
0.185
0.005
0.135
0.010
0.025
0.020
5210C9
ARMADA-C9
0.025
0.005
170
0.740
0.980
40.88
28/11/2016
1.650
0.405
0.440
0.405
65127
HSI-H27
0.420
0.175
0.095
0.170
0.155
0105WA
ASIAPLY-WA
0.160
0.005
9780.3
0.265
0.100
-1.89
13/12/2020
0.735
0.110
0.130
0.110
65129
HSI-H29
0.110
0.050
0.025
0.035
0.035
7070WB
ASUPREM-WB
0.035
Unch
36
0.135
0.200
74.07
20/06/2018
1.500
0.450
0.460
0.450
65133
HSI-H33
0.050
0.020
0.025
0.020
0072WA
AT-WA
0.020
-0.005
300
0.045
0.120 211.11
29/01/2019
0.600
0.255
0.265
0.255
65135
HSI-H35
0.380
0.150
0.315
0.305
7078WA
AZRB-WA
0.310
-0.005
138
0.685
0.700
47.45
13/05/2024
0.915
0.415
0.415
0.415
65137
0.210
0.080
0.140
0.140
7241WA
BHS-WA
0.140
-0.005
450
0.435
0.600
70.11
18/10/2020
1.270
0.695
0.725
0.695
0.485
0.225
0.340
0.330
5258WA
BIMB-WA
0.340
0.005
242
4.120
4.720
22.82
04/12/2023
0.880
0.435
0.435
0.310
0.090
0.125
0.125
6998WA
BINTAI-WA
0.125
Unch
150
0.235
0.200
38.30
15/06/2020
0.640
0.345
0.185
0.160
0.170
0.160
5248CN
BJAUTO-CN
0.170
Unch
26
2.280
2.200
11.40
28/02/2017
0.230
0.040
0.105
0.035
0.035
0.035
3395CZ
BJCORP-CZ
0.035
Unch
54.5
0.370
0.370
9.46
31/10/2016
0.010
0.160
0.095
0.140
0.130
3395WB
BJCORP-WB
0.140
0.005
540
0.370
1.000 208.11
22/04/2022
0.360
0.165
0.100
0.165
0.100
3395WC
BJCORP-WC
0.165
0.160
31
0.370
1.000 214.86
29/05/2026
0.065
0.035
0.050
0.050
7187WA
BKOON-WA
0.050
Unch
110
0.110
0.200 127.27
07/07/2023
0.105
0.065
0.085
0.080
7036WC
BORNOIL-WC
0.080
-0.005
3130.1
0.145
0.100
24.14
EXPIRY
DATE
YEAR
HIGH
94.47
29/06/2016
11,129 22,000 100.55
28/07/2016
11,128 20,600
91.09
28/07/2016
49.5
11,129 22,400 104.71
29/09/2016
6
11,129 23,200 111.86
28/10/2016
744.5
11,129 19,000
72.22
28/07/2016
-0.005
1593.7
11,129 20,400
86.70
28/07/2016
-0.030
40.2
11,128 17,000
53.65
30/08/2016
0.460
-0.010
250
11,129 19,800
81.63
30/08/2016
0.260
Unch
170
11,129 17,800
62.04
29/09/2016
HSI-H37
0.415
-0.005
20
11,129 19,200
75.88
29/09/2016
65139
HSI-H39
0.710
Unch
93.5
11,128 20,600
90.85
29/09/2016
0.435
65141
HSI-H41
0.435
-0.020
200
11,129 18,600
70.65
28/10/2016
0.345
0.345
65147
HSI-H47
0.345
-0.005
50
11,129 18,000
0.045
0.045
6238CD
HSL-CD
0.045
Unch
22.2
0.005
0.005
0.005
7013WB
HUBLINE-WB
0.005
Unch
15
0.155
0.170
0.170
4251WA
IBHD-WA
0.170
Unch
5
0.250
0.160
0.250
0.240
9687WB
IDEALUBB-WB
0.250
0.010
29.4
0.825
1.000
51.52
30/03/2021
0.140
0.085
0.100
0.090
5225CZ
IHH-CZ
0.090
Unch
170
6.440
6.670
9.16
28/02/2017
08/11/2025
0.435
0.085
0.175
0.150
0166CJ
INARI-CJ
0.150
-0.030
2240.8
3.060
2.640
1.96
18/07/2016
64.53
29/11/2016
2.000
21.62
11/11/2016
0.010
0.010
50.00
20/12/2020
0.515
1.410 206.80
08/10/2019
1.700
Sin
clo
SIN
hig
con
sto
wa
ove
and
Re
sup
fro
hig
4.5
En
11.8
it h
US
its
S$
mo
Sin
adv
ge
see
cen
ea
S$
0.185
0.075
0.075
0.075
9938WB
BRIGHT-WB
0.075
-0.005
37.6
0.310
0.820 188.71
12/01/2019
0.215
0.040
0.075
0.075
0166CL
INARI-CL
0.075
0.010
10
3.060
2.864
9.28
28/10/2016
0.330
0.070
0.095
0.090
7188WB
BTM-WB
0.090
-0.005
16.6
0.225
0.200
28.89
23/10/2024
2.320
0.813
1.510
1.450
0166WB
INARI-WB
1.470
-0.010
222.9
3.060
1.600
0.33
17/02/2020
0.285
0.040
0.050
0.045
0163WA
CAREPLS-WA
0.050
0.010
1937.1
0.375
0.320
-1.33
09/08/2016
0.040
0.010
0.015
0.015
0094WA
INIX-WA
0.015
Unch
445
0.045
0.100 155.56
16/11/2020
0.505
0.255
0.390
0.380
7076WA
CBIP-WA
0.390
0.010
127.3
2.090
2.400
33.49
06/11/2019
0.315
0.150
0.180
0.170
3379WB
INSAS-WB
0.175
Unch
280.3
0.685
1.000
71.53
25/02/2020
0.290
0.135
0.165
0.160
102311
CIMB-C11
0.160
0.005
63
4.540
4.500
10.40
30/08/2016
0.225
0.040
0.080
0.070
1961C9
IOICORP-C9
0.070
-0.005
12
4.360
4.700
13.42
30/12/2016
0.160
0.040
0.075
0.075
0102WA
CONNECT-WA
0.075
-0.005
597.8
0.120
0.100
45.83
17/09/2021
0.090
0.020
0.055
0.045
7183WA
IRETEX-WA
0.045
-0.005
1323.8
0.265
0.800 218.87
10/06/2019
0.045
0.010
0.010
0.010
5214WA
CSL-WA
0.010
-0.005
160
0.095
1.150 1,122.0
18/09/2017
0.150
0.030
0.115
0.095
5175WA
IVORY-WA
0.110
0.015
7350.3
0.465
0.750
84.95
26/04/2017
0.090
0.020
0.050
0.040
0051WA
CUSCAPI-WA
0.040
Unch
1541.1
0.100
0.270 210.00
24/04/2018
0.150
0.010
0.010
0.010
5161CV
JCY-CV
0.010
Unch
30
0.655
0.950
48.09
07/10/2016
0.120
0.020
0.020
0.020
5141CT
DAYANG-CT
0.020
Unch
30
1.150
1.580
44.35
28/11/2016
0.150
0.065
0.085
0.085
9083WB
JETSON-WB
0.085
Unch
40.1
0.230
0.750 263.04
06/02/2019
0.055
0.010
0.015
0.015
5141CV
DAYANG-CV
0.015
0.005
150
1.150
1.780
59.35
28/11/2016
0.120
0.050
0.075
0.075
8923WA
JIANKUN-WA
0.075
-0.010
93
0.255
0.320
54.90
23/12/2021
0.155
0.030
0.030
0.030
5141CW
DAYANG-CW
0.030
-0.005
550
1.150
1.500
36.96
07/10/2016
0.935
0.120
0.445
0.415
7167WA
JOHOTIN-WA
0.430
0.020
715.8
1.870
2.280
44.92
21/11/2017
0.265
0.125
0.185
0.175
7212WA
DESTINI-WA
0.180
Unch
608.5
0.605
0.400
-4.13
03/10/2016
0.370
0.065
0.080
0.080
4383CE
JTIASA-CE
0.080
Unch
261
1.200
1.100
5.00
18/07/2016
0.030
0.010
0.025
0.015
0152WA
DGB-WA
0.015
-0.010
6245.6
0.060
0.110 108.33
22/04/2018
0.130
0.040
0.045
0.045
4383CJ
JTIASA-CJ
0.045
Unch
50
1.200
1.500
36.25
30/09/2016
0.115
0.015
0.025
0.025
7277C5
DIALOG-C5
0.025
-0.005
15.4
1.540
1.500
1.46
29/07/2016
0.125
0.055
0.055
0.055
5247CP
KAREX-CP
0.055
Unch
100
2.230
2.533
23.47
23/11/2016
0.450
0.255
0.340
0.330
7277WA
DIALOG-WA
0.340
0.005
157.3
1.540
1.190
-0.65
10/02/2017
3.000
1.300
2.300
2.280
7216WA
KAWAN-WA
2.300
Unch
24.1
3.310
0.930
-2.42
28/07/2016
0.065
0.020
0.035
0.035
694711
DIGI-C11
0.035
0.005
100
4.690
5.400
18.12
28/10/2016
0.025
0.010
0.015
0.015
3115WC
KBUNAI-WC
0.015
Unch
308.2
0.055
0.131 165.45
20/10/2023
0.160
0.120
0.160
0.160
694713
DIGI-C13
0.160
0.010
50
4.690
4.500
9.59
22/02/2017
1.470
0.350
1.230
1.210
7161WA
KERJAYA-WA
1.210
-0.040
115
1.990
0.880
5.03
20/12/2017
0.125
0.005
0.005
0.005
6947C7
DIGI-C7
0.005
Unch
330
4.690
5.000
7.46
18/07/2016
0.300
0.010
0.015
0.010
3565WE
KEURO-WE
0.010
-0.005
1074.4
0.915
1.180
30.05
26/08/2016
0.225
0.010
0.020
0.020
6947C9
DIGI-C9
0.020
Unch
30
4.690
5.100
9.81
30/09/2016
0.040
0.005
0.010
0.010
8303WA
KFM-WA
0.010
-0.010
150
0.095
0.510 447.37
19/10/2016
0.105
0.030
0.035
0.035
0029WA
DIGISTA-WA
0.035
-0.005
20.4
0.165
0.130
0.00
07/02/2017
0.865
0.260
0.760
0.735
5171WA
KIMLUN-WA
0.745
0.015
431.8
1.830
1.680
32.51
12/03/2024
0.090
0.045
0.055
0.050
0029WB
DIGISTA-WB
0.055
0.005
36
0.165
0.260
90.91
04/04/2023
0.165
0.065
0.085
0.080
7164WA
KNM-WA
0.080
Unch
5888
0.465
0.980 127.96
15/11/2017
0.110
0.065
0.095
0.090
7114WA
DNONCE-WA
0.095
0.005
330
0.255
0.250
35.29
25/11/2020
0.190
0.090
0.130
0.130
7164WB
KNM-WB
0.130
Unch
438
0.465
1.000 143.01
21/04/2020
0.255
0.145
0.165
0.145
5265WA
DOLPHIN-WA
0.160
0.015
637.1
0.625
0.800
53.60
29/03/2021
0.585
0.130
0.210
0.180
7017WB
KOMARK-WB
0.185
-0.015
2961.7
0.415
0.300
16.87
21/01/2020
0.420
0.215
0.230
0.230
7169WA
DOMINAN-WA
0.230
Unch
39.3
1.140
1.300
34.21
10/09/2020
0.235
0.005
0.005
0.005
7153CK
KOSSAN-CK
0.005
-0.005
25
6.530
7.500
15.62
18/07/2016
0.105
0.030
0.055
0.050
7198WB
DPS-WB
0.050
-0.005
1097
0.095
0.100
57.89
15/01/2025
0.700
0.470
0.650
0.640
5878WB
KPJ-WB
0.650
0.010
196.3
4.360
4.010
6.88
23/01/2019
0.110
0.005
0.015
0.005
161916
DRBHCOMC16
0.015
Unch
2123.2
0.985
1.400
45.18
30/08/2016
0.190
0.045
0.045
0.045
5038CF
KSL-CF
0.045
-0.015
20
1.130
1.400
27.88
11/11/2016
0.050
0.005
0.010
0.005
161918
DRBHCOMC18
0.005
-0.005
1971.2
0.985
1.300
33.25
29/07/2016
1.030
0.290
0.310
0.310
5038WA
KSL-WA
0.310
-0.005
4
1.130
0.800
-1.77
19/08/2016
0.215
0.020
0.165
0.105
161919
DRBHCOMC19
0.135
-0.020
29820.8
0.985
1.000
15.23
30/11/2016
0.640
0.260
0.330
0.300
8494WA
LBICAP-WA
0.330
0.030
6
1.370
1.000
-2.92
17/04/2018
0.115
0.020
0.060
0.045
161920
DRBHCOMC20
0.045
-0.010
30414.9
0.985
1.100
23.10
30/11/2016
0.620
0.300
0.555
0.545
5789WA
LBS-WA
0.555
-0.005
80
1.580
1.000
-1.58
11/06/2018
Y
H
0.210
0.030
0.130
0.090
161921
DRBHCOMC21
0.095
-0.015
8761.7
0.985
0.950
10.91
15/12/2016
0.450
0.215
0.390
0.385
5789WB
LBS-WB
0.385
-0.015
300.6
1.580
1.250
3.48
04/10/2020
0
0.140
0.070
0.140
0.125
161922
DRBHCOMC22
0.125
-0.015
1974
0.985
1.000
20.56
17/02/2017
0.065
0.005
0.010
0.010
3581WB
LIONCOR-WB
0.010
-0.010
35.2
0.030
1.000 3,267.0
12/04/2019
0
0.145
0.075
0.090
0.090
5216CN
DSONIC-CN
0.090
Unch
100
1.350
1.450
24.07
23/11/2016
0.045
0.025
0.040
0.035
5068WA
LUSTER-WA
0.035
-0.005
8168.6
0.080
0.100
68.75
03/06/2022
0
0.105
0.065
0.080
0.080
5216CO
DSONIC-CO
0.080
0.010
64
1.350
1.550
29.63
28/10/2016
0.045
0.025
0.045
0.040
5068WB
LUSTER-WB
0.040
Unch
3970
0.080
0.100
75.00
26/05/2023
0
0.100
0.075
0.080
0.075
3417C3
E&O-C3
0.075
-0.025
300
1.680
1.680
8.93
28/07/2016
0.130
0.045
0.075
0.075
8583C2
MAHSING-C2
0.075
-0.005
1.8
1.500
1.450
1.67
30/09/2016
2
0.155
0.065
0.115
0.110
3417C4
E&O-C4
0.110
Unch
100
1.680
1.500
8.93
23/11/2016
0.220
0.100
0.135
0.130
8583WC
MAHSING-WC
0.135
Unch
20.2
1.500
2.100
49.00
21/02/2020
1
0.330
0.110
0.230
0.205
3417WB
E&O-WB
0.205
-0.015
313.4
1.680
2.600
66.96
21/07/2019
0.185
0.080
0.100
0.080
5264CN
MALAKOF-CN
0.100
-0.005
4
1.610
1.600
8.70
30/12/2016
0
0.090
0.025
0.050
0.045
0154WC
EAH-WC
0.050
0.010
1620
0.090
0.100
66.67
18/06/2019
0.290
0.105
0.120
0.115
6181WB
MALTON-WB
0.120
0.010
242
0.710
1.000
57.75
29/06/2018
0
0.200
0.080
0.130
0.120
3557WC
ECOFIRS-WC
0.130
-0.005
52
0.255
0.300
68.63
10/09/2019
0.170
0.035
0.050
0.050
6012CT
MAXIS-CT
0.050
0.005
15
5.750
6.300
12.17
30/12/2016
0
0.595
0.340
0.385
0.385
8206WA
ECOWLD-WA
0.385
-0.005
50.4
1.280
2.080
92.58
26/03/2022
0.105
0.020
0.020
0.020
115517
MAYBANKC17
0.020
-0.005
1065
8.270
8.200
1.57
18/07/2016
0
0.190
0.095
0.150
0.115
1368CG
EDGENTA-CG
0.115
-0.025
115
3.400
3.230
8.53
31/10/2016
0.330
0.100
0.130
0.110
115518
MAYBANKC18
0.115
-0.020
4886.2
8.270
8.350
5.83
15/08/2016
0
1.480
0.185
1.210
1.110
0065WA
EFORCE-WA
1.130
-0.040
1307.8
1.730
0.680
4.62
17/07/2019
0.235
0.100
0.105
0.105
115519
MAYBANKC19
0.105
Unch
345.3
8.270
8.600
7.16
30/12/2016
0
0.815
0.390
0.605
0.565
8907WC
EG-WC
0.575
0.005
3175.9
0.905
0.500
18.78
03/11/2020
0.350
0.155
0.320
0.295
5152WA
MBL-WA
0.295
-0.025
72.5
0.880
0.800
24.43
28/11/2022
2
0.065
0.020
0.025
0.025
7182WA
EKA-WA
0.025
-0.005
993.5
0.090
0.200 150.00
22/01/2019
0.405
0.130
0.330
0.315
1694WB
MENANG-WB
0.315
-0.015
579.2
0.880
1.000
49.43
09/07/2019
5
0.840
0.180
0.600
0.580
8877WB
EKOVEST-WB
0.600
0.025
221
1.520
1.350
28.29
25/06/2019
0.185
0.010
0.145
0.130
0075WA
MEXTER-WA
0.135
-0.005
13514.3
0.180
0.130
47.22
17/09/2018
0
0.625
0.300
0.345
0.340
5056WA
ENGTEX-WA
0.340
-0.010
326.4
1.150
0.830
1.74
25/10/2017
0.465
0.305
0.435
0.415
3069WA
MFCB-WA
0.415
-0.020
242.1
1.840
2.220
43.21
08/04/2020
0
0.860
0.235
0.345
0.340
7249WA
EWEIN-WA
0.345
0.005
280.7
0.935
0.610
2.14
09/06/2017
0.320
0.100
0.130
0.115
3662WB
MFLOUR-WB
0.125
0.010
646.3
1.290
2.060
69.38
09/05/2017
0
0.230
0.060
0.195
0.190
7047WB
FAJAR-WB
0.190
-0.005
107.8
0.570
0.700
56.14
24/09/2019
0.120
0.030
0.045
0.045
5026WA
MHC-WA
0.045
Unch
2
0.840
1.560
91.07
28/07/2017
0
0.285
0.085
0.175
0.165
9776WB
FARMBES-WB
0.165
-0.015
38
0.680
1.000
71.32
13/07/2018
0.150
0.025
0.040
0.035
3816C5
MISC-C5
0.040
Unch
6
7.620
8.600
16.01
30/12/2016
0
0.195
0.010
0.015
0.015
0650C4
FBMKLCI-C4
0.015
Unch
50
1,657
1,700
3.15
29/07/2016
0.760
0.280
0.690
0.670
9571WC
MITRA-WC
0.685
0.015
173.4
1.350
0.600
-4.81
04/07/2016
0
0.405
0.130
0.185
0.180
65046
FBMKLCI-C46
0.180
-0.010
30
1,657
1,640
2.18
29/07/2016
0.605
0.235
0.550
0.530
9571WD
MITRA-WD
0.540
Unch
389.4
1.350
1.090
20.74
23/08/2020
0
0.190
0.070
0.090
0.085
65048
FBMKLCI-C48
0.085
-0.005
361.6
1,657
1,600
0.10
30/08/2016
1.260
0.500
0.920
0.900
6114WB
MKH-WB
0.900
-0.035
36.5
2.510
1.890
11.16
29/12/2017
0
0.135
0.055
0.085
0.075
65050
FBMKLCI-C50
0.075
-0.005
168
1,657
1,650
2.69
30/08/2016
0.100
0.020
0.060
0.050
0085WA
MLAB-WA
0.060
0.005
13015.6
0.100
0.100
60.00
24/04/2020
0
0.200
0.085
0.105
0.105
65054
FBMKLCI-C54
0.105
Unch
231.5
1,657
1,595
0.65
30/09/2016
0.360
0.115
0.295
0.220
7595WA
MLGLOBAL-WA
0.250
0.015
12.4
0.635
0.500
18.11
27/10/2019
0
0.090
0.025
0.030
0.025
65056
FBMKLCI-C56
0.030
-0.005
1369
1,657
1,710
4.41
31/10/2016
0.080
0.040
0.080
0.065
1651C7
MRCB-C7
0.070
0.005
2322.9
1.110
1.220
22.52
31/03/2017
0
0.075
0.025
0.045
0.045
65058
FBMKLCI-C58
0.045
0.005
20
1,657
1,730
6.25
31/10/2016
0.240
0.075
0.140
0.130
1651WA
MRCB-WA
0.135
-0.005
1291.6
1.110
2.300 119.37
14/09/2018
0
0.045
0.030
0.045
0.045
65062
FBMKLCI-C62
0.045
0.005
150
1,657
1,700
4.44
30/11/2016
0.090
0.020
0.045
0.045
0092WB
MTOUCHE-WB
0.045
-0.010
16.1
0.100
0.270 215.00
16/03/2020
0
0.110
0.110
0.110
0.110
65070
FBMKLCI-C70
0.110
-0.040
9
1,657
1,630
2.97
30/12/2016
0.465
0.120
0.340
0.340
0138CN
MYEG-CN
0.340
0.020
102
2.060
1.225
0.73
30/08/2016
0
0.190
0.015
0.015
0.015
65043
FBMKLCI-H43
0.015
Unch
50
1,657
1,600
-2.86
29/07/2016
0.360
0.120
0.200
0.190
0138CT
MYEG-CT
0.195
Unch
70
2.060
1.775
5.10
30/09/2016
0
0.545
0.220
0.235
0.220
65051
FBMKLCI-H51
0.235
0.005
125.9
1,657
1,680
5.59
29/07/2016
0.180
0.035
0.045
0.040
0138CU
MYEG-CU
0.040
-0.010
737.5
2.060
2.300
17.48
29/07/2016
1
0.130
0.020
0.025
0.020
65053
FBMKLCI-H53
0.020
-0.005
450
1,657
1,570
-4.45
30/08/2016
0.100
0.030
0.040
0.035
0138CW
MYEG-CW
0.040
Unch
1150
2.060
2.350
22.82
23/11/2016
0
0.160
0.060
0.060
0.060
65057
FBMKLCI-H57
0.060
-0.025
36
1,657
1,610
-0.35
30/08/2016
0.145
0.085
0.105
0.100
0138CX
MYEG-CX
0.100
Unch
880
2.060
1.900
10.68
31/10/2016
1
0.155
0.070
0.080
0.070
65059
FBMKLCI-H59
0.070
-0.005
725.5
1,657
1,650
2.48
30/09/2016
0.055
0.020
0.025
0.025
0096WA
NEXGRAM-WA
0.025
-0.005
15
0.060
0.100 108.33
16/05/2022
0
0.215
0.145
0.150
0.150
65061
FBMKLCI-H61
0.150
0.005
140
1,657
1,710
9.48
31/10/2016
0.080
0.020
0.035
0.035
7139WA
NICE-WA
0.035
Unch
324.5
0.105
0.160
85.71
09/08/2017
1
0.125
0.065
0.085
0.085
65063
FBMKLCI-H63
0.085
Unch
110
1,657
1,610
0.70
31/10/2016
0.125
0.045
0.045
0.045
0083WB
NOTION-WB
0.045
Unch
469.5
0.385
1.000 171.43
02/05/2017
0
0.210
0.130
0.155
0.155
65065
FBMKLCI-H65
0.155
-0.025
80
1,657
1,690
8.49
31/10/2016
0.255
0.150
0.255
0.235
0172WA
OCK-WA
0.240
-0.005
4766.9
0.825
0.710
15.15
15/12/2020
0
0.210
0.135
0.145
0.135
65067
FBMKLCI-H67
0.145
0.005
172.7
1,657
1,700
8.67
30/11/2016
0.470
0.255
0.290
0.285
5053WC
OSK-WC
0.285
Unch
65.5
1.600
1.800
30.31
22/07/2020
0
0.625
0.075
0.090
0.075
0650HW
FBMKLCI-HW
0.085
Unch
2847.5
1,657
1,700
5.96
29/07/2016
0.095
0.010
0.065
0.065
0005WA
PALETTE-WA
0.065
Unch
1825.5
0.075
0.040
40.00
20/03/2018
0
0.675
0.060
0.405
0.395
8605WB
FFHB-WB
0.405
0.010
221.7
0.920
0.500
-1.63
30/03/2017
0.085
0.005
0.015
0.005
1295C4
PBBANK-C4
0.015
0.005
669.2
19.140 19.300
1.62
30/06/2016
1
0.080
0.030
0.055
0.050
522210
FGV-C10
0.050
Unch
155
1.500
1.550
16.00
30/09/2016
0.190
0.075
0.155
0.155
1295C6
PBBANK-C6
0.155
0.010
50
19.140 18.000
0.52
30/09/2016
0
0.085
0.060
0.080
0.075
522211
FGV-C11
0.080
Unch
3700
1.500
1.700
24.00
30/11/2016
0.360
0.120
0.140
0.135
8311WC
PESONA-WC
0.135
-0.005
170
0.250
2.67
27/01/2020
0
0.210
0.010
0.045
0.035
5222C6
FGV-C6
0.040
Unch
3167.8
1.500
1.500
8.00
29/07/2016
0.310
0.015
0.075
0.075
5681CP
PETDAG-CP
0.075
0.005
71
23.880 23.000
0.08
30/06/2016
0
0.340
0.010
0.055
0.045
5222C8
FGV-C8
0.050
-0.005
900.8
1.500
1.500
6.67
18/07/2016
0.185
0.020
0.050
0.050
5681CQ
PETDAG-CQ
0.050
Unch
7.6
23.880 24.860
7.45
31/10/2016
0
0.200
0.095
0.120
0.110
9318WB
FITTERS-WB
0.110
Unch
304.4
0.440
1.000 152.27
12/10/2019
0.120
0.035
0.035
0.035
3042CA
PETRONM-CA
0.035
-0.005
600
49.30
15/12/2016
0
0.375
4.300
6.000
M
Bu
Ma
T HURSDAY J U N E 9 , 20 16 • T HEED G E FINA NCIA L DA ILY
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
019
Singapore stocks — Straits Times Index
closes 0.5% higher at 2,862.38 points
019
021
018
019
016
016
018
019
019
025
016
016
016
016
017
020
017
018
018
016
016
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SINGAPORE: Singapore stocks closed
higher yesterday, rising for the fifth
consecutive session as global cues favour
stocks. The benchmark Straits Times Index
was up 0.5% or 14.29 points to 2,862.38.
The S&P 500 approached a record high
overnight, lifted by gains in energy shares
and renewed confidence that the US Federal
Reserve won’t disrupt equity markets.
Offshore and marine companies that
support the oil industry continue to gain
from firmer oil prices. Ezra closed 25%
higher at 90 Singapore cents, Ezion added
4.5% to 58.5 Singapore cents while Loyz
Energy gained 10% at 33 Singapore cents.
Mermaid Maritime closed 1.7% higher at
11.8 Singapore cents. The group announced
it had clinched six subsea contracts worth
US$15 million.
Keppel Corp is up 4.9% at S$5.73 while
its rival Sembcorp Marine is up 2.4% to
S$1.725 despite reporting a fresh threemonth deferral of a drilling rig.
Noble Group closed 6% higher at 26.5
Singapore cents, its second straight day of
advance. The group has requested a special
general meeting with its shareholders to
seek their approval for a rights issue.
TTJ closed 10.3% higher at 32 Singapore
cents. The engineering firm said third quater
earnings surged more than eightfold to
S$13.4 million compared to a year ago.
Japanese stocks — Nikkei rises in
choppy trade after sentiment helped by
China import data
TOKYO: Japanese shares rose yesterday
in choppy trade, erasing its earlier losses
after China’s relatively benign trade data
offset investor nerves over the strong yen.
The Nikkei Shares Average rose 0.93%
or 155.47 points to 16,830.92 after earlier
traversing positive and negative territory.
The broader Topix gained 0.8% to 1,350.97
and the JPX-Nikkei Index 400 added 0.8%
to 12,174.51.
“The US dollar-yen levels determine the
Japanese market so people are staying
cautious,” said Toru Ibayashi, head of CIO
Wealth Management at UBS Securities,
adding that investors will likely stay on the
sidelines for the next week.
“Whether it’s Brexit or other events,
when the currency market moves sharply,
there will be volatility so most people are
not taking positions.”
The US Federal Reserve (Fed) will
conclude a two-day policy meeting on
June 15, followed by a Bank of Japan
(BoJ) meeting on June 16. Traders doubt
the Fed will hike rates this summer but
expectations are growing that the BoJ will
ease again this month or next unless the
yen somehow stages a reversal.
Britain will vote on whether to remain
in the European Union at a referendum on
June 23.
Resources shares extended their
gains from the previous day as oil prices
hit 2016 highs on concerns about global
supply shortfalls, with Inpex Corp gaining
0.51% and Japan Petroleum Exploration
Co advancing 1.76%.
Exporters were mixed, with Toyota Motor
Corp rising 0.48%, Canon Inc dropping
0.1% while Panasonic Corp rising 3.68%.
Chubu Electric Power Co surged 4.68%
after the Asahi Shimbun reported that the
company plans to ask the government for
permission to restart its Hamaoka nuclear
power plant’s No 5 reactor.
Following the report, Mizuho Securities
raised the company’s stock rating to “buy”
from “neutral.”
US stocks — S&P 500 edges closer to
record high led by energy shares
NEW YORK: The S&P 500 ended at its
best level since July, helped by a big jump
in energy shares and investor confidence
that higher interest rates will not derail
the economy.
The Dow Jones Industrial Average
ended up 17.95 points or 0.1% to 17,938.28,
having earlier broken above 18,000, while
the S&P 500 gained 2.72 points or 0.13%
to 2,112.13, its highest close since July 22.
The Nasdaq Composite dipped 6.96
points or 0.14% to 4,961.75. The Nasdaq
Biotech Index was down 2.5%, its biggest
daily percentage decline since May 11.
Gains this week have once again put
the S&P 500 within striking distance of
record highs reached in May 2015.
Comments from US Federal Reserve
(Fed) chair Janet Yellen seemed to ease
some worries about the economy, while
underscoring views the Fed may be in no
rush to raise rates.
“The big story for the market right now
is, do we break out to all-time highs,” said
Michael Sheldon, chief investment officer at
Northstar Wealth Partners in West Hartford,
Connecticut.
“If we do so in the near term, we could
see a rush of money jump into the market
from investors who had been sitting out
on the sidelines, in fear of missing out on
further market gains.”
Giving the S&P 500 its biggest boost,
the S&P energy index jumped 2.1% as oil
prices reached 2016 highs due to supply
constraints and a weak US dollar. Exxon
Mobil gained 1.5% to US$90.71.
Navistar International shares jumped
19.6% to US$14.54 after it posted a surprise
second-quarter profit.
The S&P 500 healthcare index dropped
0.7%, dragged down by Biogen and Alexion.
Biogen tumbled 12.8% to US$252.86
after its multiple sclerosis drug failed in a
mid-stage study.
Alexion dropped 10.9% to US$138.13
after its drug failed a trial, while Valeant
slumped 14.6% to US$24.64 after the drug
maker cut its full-year forecast. — Agencies
020
020
020
019
016
019
Index points
3600
017
3300
Shanghai Composite
Dow Jones
Nikkei 225
FT Straits Times
016
Index points
Index points
20800
18580
17625
16310
Index points
2,927.16
5800
-8.89
(-0.30%)
2,774.06
4825
021
017
3000
14450
016
016
016
2700
2,862.38
023
017
016
2400
16,830.92
11275
+14.29
(+0.50%)
016
14040
10,172.06
Jun 8, 2016
3,087.842
17,938.28
+17.95
(+0.10%)
11770
+155.47
(+0.93%)
2875
1900
9500
8100
Mar 1, 2010
3850
10,403.79
Mar 1, 2010
Jun 8, 2016
Mar 1, 2010
Jun 7, 2016
Mar 1, 2010
Jun 8, 2016
016
024
017
020
020
016
019
016
016
018
Bursa Malaysia Equity Derivatives
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
Main Market & Ace Market Warrants
0.385
0.100
0.100
0.765
0.140
0.170
0.310
0.005
018
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
020
0.600
0.330
0.375
0.375
1945WC
019
0.795
0.235
0.740
0.705
022
0.215
0.105
0.195
023
0.190
0.185
016
2.000
0.705
020
1.110
016
WARRANTS
VOL PARENT
EXE
(‘000)
PRICE PRICE
PR’M
(%)
WARRANTS
CLOSE
(RM)
+/(RM)
VOL PARENT
EXE
(‘000)
PRICE PRICE
PR’M
(%)
EXPIRY
DATE
0.100
7106C4
SUPERMX-C4
0.100
-0.025
5
2.310
2.200
12.55
0.140
7106C5
SUPERMX-C5
0.145
-0.030
3634.4
2.310
2.100
3.46
18/07/2016
0.005
0.005
7106C8
SUPERMX-C8
0.005
Unch
1212.5
2.310
3.000
30.74
25/08/2016
28/10/2016
CLOSE
(RM)
+/(RM)
0.345
0.135
0.200
0.190
7082WB
SYF-WB
0.200
0.005
219
0.575
0.700
56.52
11/11/2019
PJDEV-WC
0.375
0.005
50
1.310
1.000
4.96
04/12/2020
0.560
0.235
0.270
0.270
8524WB
TALIWRK-WB
0.270
Unch
19.6
1.440
1.700
36.81
11/11/2018
8869CN
PMETAL-CN
0.740
0.060
45.2
3.130
1.600
-1.60
18/07/2016
1.130
0.480
0.790
0.775
5191WA
TAMBUN-WA
0.790
0.020
26.3
1.410
0.600
-1.42
30/05/2017
0.175
8869CO
PMETAL-CO
0.195
0.030
237.6
3.130
2.700
11.18
15/12/2016
0.075
0.045
0.060
0.060
0132WA
TDEX-WA
0.060
-0.005
50
0.115
0.110
47.83
21/09/2018
0.190
0.185
8869CP
PMETAL-CP
0.190
0.040
10
3.130
3.100
20.29
17/02/2017
0.850
0.360
0.430
0.430
7252WA
TEOSENG-WA
0.430
-0.010
15
0.430
1.350 313.95
29/01/2020
1.970
1.850
8869WC
PMETAL-WC
1.970
0.130
645.1
3.130
1.100
-1.92
22/08/2019
2.560
0.600
2.530
2.420
7034WA
TGUAN-WA
2.500
0.040
175.3
3.800
1.500
5.26
09/10/2019
0.645
0.785
0.770
7088WB
POHUAT-WB
0.780
-0.005
196
1.600
1.000
11.25
21/10/2020
0.180
0.070
0.080
0.080
7889WB
THRIVEN-WB
0.080
0.005
10
0.215
0.640 234.88
05/10/2020
0.280
0.020
0.095
0.080
4634CV
POS-CV
0.085
-0.010
2155.9
2.690
2.770
9.29
31/10/2016
0.030
0.015
0.025
0.020
7079WC
TIGER-WC
0.025
0.005
60.2
0.050
0.080 110.00
11/02/2021
018
0.130
0.060
0.080
0.075
4634CW
POS-CW
0.080
Unch
1580
2.690
3.000
21.93
11/10/2016
0.165
0.040
0.115
0.110
486312
TM-C12
0.115
-0.005
120.1
6.720
6.500
30/11/2016
016
0.435
0.160
0.410
0.400
7168WA
PRG-WA
0.405
0.010
200
1.120
0.750
3.13
06/07/2019
0.215
0.100
0.100
0.100
486313
TM-C13
0.100
-0.005
50
6.720
7.000
9.38
28/10/2016
016
0.120
0.055
0.080
0.080
7145WA
PSIPTEK-WA
0.080
0.015
5
0.120
0.100
50.00
16/11/2019
0.260
0.105
0.250
0.240
0101WB
TMCLIFE-WB
0.245
-0.005
1106.2
0.835
0.750
19.16
21/06/2019
016
0.090
0.030
0.030
0.030
0007WA
PUC-WA
0.030
Unch
54.7
0.065
0.100 100.00
25/12/2024
0.680
0.300
0.500
0.470
8397WC
TNLOGIS-WC
0.470
-0.020
290.7
1.330
1.000
10.53
26/12/2018
016
0.035
0.015
0.025
0.020
0007WB
PUC-WB
0.020
Unch
490.7
0.065
0.100
84.62
15/02/2019
0.160
0.120
0.130
0.125
7113C6
TOPGLOV-C6
0.125
-0.005
22
5.140
5.150
12.35
28/02/2017
022
2.020
0.315
0.480
0.480
6807WB
PUNCAK-WB
0.480
-0.020
0.2
1.160
1.000
27.59
20/07/2018
0.465
0.120
0.130
0.120
7113CX
TOPGLOV-CX
0.125
-0.005
210.8
5.140
4.625
4.57
10/08/2016
019
5.140
4.500
5.000
5.000
7765WA
RAPID-WA
5.000
Unch
107
5.980
1.000
0.33
07/04/2017
0.170
0.025
0.085
0.075
5054WA
TRC-WA
0.075
-0.015
316.3
0.405
0.500
41.98
20/01/2017
018
0.075
0.025
0.035
0.025
5256WA
REACH-WA
0.025
Unch
6750.2
0.685
0.750
13.14
12/08/2022
0.380
0.020
0.135
0.125
514818
UEMS-C18
0.125
0.005
65
1.090
0.930
2.52
30/08/2016
020
0.150
0.015
0.050
0.050
7232WA
RESINTC-WA
0.050
-0.010
775
0.445
0.500
23.60
29/09/2016
0.150
0.010
0.040
0.030
514820
UEMS-C20
0.035
0.010
10901.5
1.090
1.000
1.38
18/07/2016
017
0.115
0.070
0.085
0.080
5270WA
RSENA-WA
0.080
Unch
5055.9
0.410
0.500
41.46
01/12/2023
0.130
0.015
0.025
0.025
514822
UEMS-C22
0.025
0.010
15.2
1.090
1.200
14.68
28/07/2016
017
0.220
0.030
0.035
0.035
0133WC
SANICHI-WC
0.035
Unch
1407.5
0.130
0.400 234.62
24/09/2019
0.150
0.100
0.115
0.115
514826
UEMS-C26
0.115
0.015
50
1.090
1.100
16.74
30/09/2016
016
0.530
0.090
0.290
0.275
7073WA
SEACERA-WA
0.285
-0.005
121.1
0.905
1.000
41.99
16/05/2017
0.115
0.075
0.090
0.085
514827
UEMS-C27
0.090
0.015
120
1.090
0.980
9.72
30/09/2016
016
0.550
0.085
0.345
0.345
7073WB
SEACERA-WB
0.345
-0.005
10
0.905
1.000
48.62
29/05/2019
0.085
0.040
0.060
0.060
514828
UEMS-C28
0.060
0.010
35
1.090
1.050
12.84
28/11/2016
020
0.465
0.275
0.300
0.290
7246WA
SIGN-WA
0.300
0.005
577
1.030
0.970
23.30
21/04/2021
0.055
0.035
0.050
0.045
514829
UEMS-C29
0.045
0.010
70
1.090
1.250
25.00
28/10/2016
017
0.200
0.050
0.095
0.095
4197C3
SIME-C3
0.095
0.005
10
7.660
7.900
8.09
30/09/2016
0.100
0.015
0.030
0.015
4588CV
UMW-CV
0.030
0.015
560.1
5.600
7.000
30.36
15/12/2016
020
0.050
0.005
0.005
0.005
0060WA
SKH-WA
0.005
Unch
483.9
0.060
0.100
75.00
16/01/2017
0.130
0.015
0.040
0.030
4588CW
UMW-CW
0.035
0.010
484.6
5.600
7.000
28.13
31/01/2017
019
0.160
0.015
0.020
0.020
521815
SKPETROC15
0.020
Unch
190
1.740
2.200
30.46
30/08/2016
0.120
0.015
0.040
0.030
5243C3
UMWOG-C3
0.030
Unch
625
0.955
1.070
16.75
31/10/2016
017
0.275
0.045
0.100
0.080
521817
SKPETROC17
0.085
0.005
5710.1
1.740
1.700
9.91
30/09/2016
0.120
0.090
0.120
0.120
5243C6
UMWOG-C6
0.120
0.005
25
0.955
1.000
23.56
17/02/2017
018
0.285
0.080
0.105
0.105
521820
SKPETROC20
0.105
0.015
30
1.740
1.600
7.04
18/07/2016
0.250
0.090
0.115
0.100
7091WA
UNIMECH-WA
0.110
-0.020
261
1.190
1.500
35.29
18/09/2018
020
0.140
0.015
0.025
0.020
521824
SKPETROC24
0.020
Unch
4277.6
1.740
2.100
24.71
30/08/2016
0.120
0.080
0.080
0.080
5200CU
UOADEV-CU
0.080
-0.005
15
2.330
2.100
0.43
28/07/2016
016
0.085
0.080
0.080
0.080
521825
SKPETROC25
0.080
-0.005
200
1.740
2.000
31.03
26/01/2017
0.160
0.005
0.025
0.015
0120WA
VIS-WA
0.025
-0.005
3236.8
0.200
0.250
37.50
01/09/2016
016
0.100
0.080
0.100
0.100
521826
SKPETROC26
0.100
0.005
1120
1.740
1.850
20.69
30/11/2016
0.240
0.011
0.165
0.155
0069WB
VIVOCOM-WB
0.155
-0.010
24464.1
0.280
0.240
41.07
07/09/2018
016
1.050
0.525
0.715
0.705
7155WA
SKPRES-WA
0.710
-0.005
1302
1.280
0.550
-1.56
27/06/2017
0.285
0.022
0.195
0.190
0069WC
VIVOCOM-WC
0.190
-0.005
1834
0.280
0.100
3.57
22/01/2020
016
0.255
0.055
0.075
0.075
0117WA
SMRT-WA
0.075
Unch
120.9
0.180
0.180
41.67
01/08/2017
0.080
0.015
0.055
0.050
0066WA
VSOLAR-WA
0.050
-0.005
2257.1
0.100
0.120
70.00
01/12/2017
016
1.000
0.760
0.790
0.790
5242WA
SOLID-WA
0.790
Unch
4.2
1.320
0.500
-2.27
16/12/2020
0.515
0.230
0.260
0.255
6963WA
VS-WA
0.260
Unch
807.5
1.230
1.650
55.28
06/01/2019
022
0.265
0.070
0.070
0.070
5126CD
SOP-CD
0.070
Unch
20
4.100
4.000
4.39
18/07/2016
0.290
0.100
0.205
0.200
9679WD
WCT-WD
0.200
-0.005
889.4
1.560
1.710
22.44
11/12/2017
017
1.550
0.620
1.300
1.300
7103WA
SPRITZER-WA
1.300
0.020
9
2.500
1.180
-0.80
13/12/2016
0.280
0.130
0.180
0.180
9679WE
WCT-WE
0.180
Unch
103.5
1.560
2.080
44.87
27/08/2020
017
0.090
0.040
0.060
0.060
0129WA
SRIDGE-WA
0.060
-0.005
19.7
0.130
0.180
84.62
24/02/2023
0.870
0.497
0.605
0.580
7245WA
WZSATU-WA
0.605
0.015
103.2
1.130
0.500
-2.21
28/10/2024
020
0.140
0.055
0.065
0.060
1201WA
SUMATEC-WA
0.065
-0.005
968.2
0.110
0.320 250.00
03/03/2021
0.045
0.010
0.015
0.015
5156WC
XDL-WC
0.015
Unch
600
0.040
0.115 225.00
02/07/2018
020
0.135
0.040
0.055
0.050
1201WB
SUMATEC-WB
0.055
Unch
9571.8
0.110
0.175 109.09
13/11/2018
0.025
0.005
0.010
0.010
0095WA
XINGHE-WA
0.010
Unch
100
0.040
0.100 175.00
22/03/2019
018
0.235
0.105
0.145
0.140
5263CC
SUNCON-CC
0.145
Unch
120
1.550
1.450
28/10/2016
0.105
0.020
0.020
0.020
5155WA
XINQUAN-WA
0.020
Unch
370
0.230
1.000 343.48
24/06/2019
016
1.140
0.630
0.735
0.720
5211WA
SUNWAY-WA
0.735
-0.005
289.3
3.010
2.250
-0.83
17/08/2016
0.085
0.040
0.060
0.055
0165WA
XOX-WA
0.055
-0.005
9690.4
0.150
0.200
70.00
10/02/2019
016
0.377
0.140
0.210
0.210
0148WA
SUNZEN-WA
0.210
0.070
5
0.250
0.100
24.00
14/04/2019
0.110
0.025
0.080
0.075
7020WB
YKGI-WB
0.080
Unch
398
0.220
0.500 163.64
28/05/2020
020
0.140
0.060
0.090
0.090
0148WB
SUNZEN-WB
0.090
Unch
20
0.250
0.250
36.00
25/02/2021
0.130
0.075
0.110
0.110
4677C3
YTL-C3
0.110
Unch
80
1.660
1.550
6.63
28/11/2016
016
0.270
0.015
0.015
0.015
710610
SUPERMX-C10
0.015
Unch
1024
2.310
3.170
39.83
31/10/2016
0.470
0.330
0.355
0.350
6742WB
YTLPOWR-WB
0.355
Unch
111
1.460
1.140
2.40
11/06/2018
016
0.120
0.035
0.035
0.035
710616
SUPERMX-C16
0.035
-0.010
190
2.310
2.750
26.62
30/09/2016
0.260
0.050
0.065
0.060
7028WA
ZECON-WA
0.065
Unch
61
0.680
1.060
65.44
03/03/2017
016
0.430
0.130
0.135
0.130
7106C3
SUPERMX-C3
0.130
-0.005
160
2.310
2.000
9.09
28/10/2016
0.230
0.075
0.080
0.080
2283WA
ZELAN-WA
0.080
Unch
165.1
0.165
0.250 100.00
25/01/2019
7.58
EXPIRY
DATE
CODE
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
1.86
T HUR SDAY JU N E 9, 2 0 16 • TH EEDGE FI N AN C I AL DAI LY
30 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX
Trading themes
Insider moves (Filings on June 7, 2016)
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
AIRASIA
AXIATA GROUP
BIMB
BUMI ARMADA
DIALOG GROUP
DIGI.COM
IHH HEALTHCARE
IHH HEALTHCARE
IJM CORPORATION
IJM CORPORATION
IOI CORPORATION
IOI PROPERTIES GROUP
JHM CONSOLIDATION
KOSSAN RUBBER INDUSTRIES
LII HEN INDUSTRIES
MAH SING GROUP
SHARES ACQUIRED
(DISPOSED)
DIRECTOR/SUBSTANTIAL
SHAREHOLDER
(2,079,600) EMPLOYEES PROVIDENT FUND BOARD
1,200,000 EMPLOYEES PROVIDENT FUND BOARD
9,350,000 AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
5,000,000 AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
(2,534,100) EMPLOYEES PROVIDENT FUND BOARD
(1,150,000) EMPLOYEES PROVIDENT FUND BOARD
(130,300,000) PULAU MEMUTIK VENTURES S/B
(2,873,100) EMPLOYEES PROVIDENT FUND BOARD
2,317,400 AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
(3,210,000) EMPLOYEES PROVIDENT FUND BOARD
(1,740,000) EMPLOYEES PROVIDENT FUND BOARD
(3,113,500) EMPLOYEES PROVIDENT FUND BOARD
(1,520,600) NOBLE MATTERS S/B
1,425,800 EMPLOYEES PROVIDENT FUND BOARD
1,777,200 KOON YEW YIN
SHARES HELD
AFTER CHANGE
TRANSACTION
DATE
140,751,649
1,278,819,916
97,636,000
2/6
2/6
2/6
453,386,600
2 & 3/6
629,962,104
936,601,576
3,387,392,748
623,305,100
295,804,000
2/6
1 & 2/6
1/6
1 & 2/6
2 & 3/6
477,997,378
421,606,173
121,002,800
2/6
31/5, 1
& 2/6
2/6
1/6
26, 27
& 30/5
30, 31/5,
1 TO 3/6
2/6
288,177,986
28,925,263
63,692,500
20,209,200
136,002,800
3/6
MAH SING GROUP
MALAKOFF CORPORATION
MALAYAN BANKING
MAXIS
METRONIC GLOBAL
MISC
MMC CORPORATION
31/5O&C RESOURCES
1,268,300 AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
15,000,000 AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
10,000,000 LEMBAGA TABUNG HAJI
(1,180,000) EMPLOYEES PROVIDENT FUND BOARD
9,302,300 EMPLOYEES PROVIDENT FUND BOARD
1,231,600 EMPLOYEES PROVIDENT FUND BOARD
1,500,000 TAN KIAN HONG
(1,500,000) EMPLOYEES PROVIDENT FUND BOARD
1,007,000 LEMBAGA TABUNG HAJI
12,099,300 INNOFARM S/B
129,994,900
765,497,533
1,506,911,183
608,611,334
52,671,000
311,317,611
217,339,300
27,812,300
PETRONAS CHEMICALS GROUP
(8,336,400) EMPLOYEES PROVIDENT FUND BOARD
821,981,300
PETRONAS GAS
PUBLIC BANK
REACH ENERGY
RELIANCE PACIFIC
TELEKOM MALAYSIA
(1,135,600)
(4,922,400)
2,529,200
35,150,000
3,941,000
216,312,000
505,330,395
70,930,900
79,977,850
521,152,995
2/6
1/6
1 & 2/6
2/6
6/6
26 & 27/5
2 & 3/6
23, 25/5
& 1/6
19, 20
TO 22/4
2/6
1 & 2/6
1 TO 3/6
6/6
2 & 3/6
TELEKOM MALAYSIA
TELEKOM MALAYSIA
(3,300,000)
(2,450,000)
519,598,036
196,609,238
1 & 2/6
30 & 31/5
TENAGA NASIONAL
UMW OIL & GAS CORPORATION
VERSATILE CREATIVE
YTL CORPORATION
2,004,800
3,355,600
(8,392,745)
(3,000,000)
863,065,682
132,473,400
35,343,600
733,559,947
1 & 2/6
2/6
2 & 3/6
2/6
MAH SING GROUP
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
LEMBAGA TABUNG HAJI
MAZMUR CAPITAL S/B
AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
EMPLOYEES PROVIDENT FUND BOARD
KUMPULAN WANG PERSARAAN
(DIPERBADANKAN)
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
IRIS HEALTHCARE S/B
EMPLOYEES PROVIDENT FUND BOARD
Asian equities performance
Top palm oil producers
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
• The Bar Council’s Migrants, Refugees and
Immigration Affairs Committee is organising a consultation on “Labour Chapter
of Trans-Pacific Partnership Agreement
— Obligations of Stakeholders” at Raja
Aziz Addruse Auditorium, Straits Trading Building, Unit 2-02A, 2nd Floor, No
2, Leboh Pasar Besar, Kuala Lumpur from
8.30am to1pm.
• Mercedes-Benz 130! Years of Reinventing the Automobile and the launch of the
E-Class at Grand Ballroom, St Regis Kuala Lumpur, Kuala Lumpur Sentral from
9.30am to 1pm.
• LBS Bina Group Bhd annual general meeting (AGM) at Greens II, Jalan Kelab Tropicana, Tropicana Golf & Country Resort,
47410, Petaling Jaya, Selangor at 10am.
• Formosa Prosonic Industries Bhd AGM at
•
•
•
•
Crystal Crown Hotel Harbour View, Crystal
Room, Level 1, Port Klang, Selangor at 10am. Stocks closest to year high
Dagang Nexchange Bhd AGM at Sime
HIGH
LOW
CLOSE
VOLUME
Darby Convention Centre, Ballroom 2, STOCK
(RM)
(RM)
(RM)
('000)
1st Floor, No 1A, Jalan Bukit Kiara 1, Kuala UCHITEC
1.670
1.630
1.630
1840.4
OKA
1.200
1.160
1.160
669.8
Lumpur at 10am.
1.060
0.975
1.050
3295.4
Telekom Malaysia through its award win- JHM
0.965
0.950
0.950
2046.2
ning IPTV service, officially launches its YONGTAI
YONGTAI-WA
0.550
0.530
0.535
2255.1
HyppTV latest drama series Margaret & AIRASIA
2.700
2.620
2.660 41034.3
David – Green Bean on Now International AIRASIAC33
0.315
0.285
0.305 35822.8
Channel at Ballroom A, Hilton Hotel Kuala AIRASIAC35
0.315
0.300
0.315
2601.9
MRCB-C7
0.080
0.065
0.070
2322.9
Lumpur, Kuala Lumpur at 10.30am.
0.365
0.340
0.360
4182.6
Mulpha International Bhd AGM, Menara AIRASIAC31
0.410
0.405
0.410
26
Mudajaya, Level 11, No 12A, Jalan PJU 7/3, AIRASIAC28
3.410
3.260
3.390
2830.6
Mutiara Damansara, Selangor at 2.30pm. LIIHEN
SUNREIT
1.690
1.650
1.660
1134.5
Sunway Construction Group Bhd AGM at TMCLIFE
0.855
0.830
0.835
537.3
Sunway Resort Hotel & Spa, Grand Baha- EMETALL
0.845
0.780
0.830
4303
mas, Level 12, Persiaran Lagoon, Bandar This table shows stocks that are trading near their year high. This
could suggest a build-up in buying momentum, or the possibility that
Sunway, Selangor at 2.30pm.
profit-taking activities could set in later.
Stocks closest to year low
STOCK
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
E&O-C3
0.080
0.075
0.075
300
SUPERMX-C5
0.170
0.140
0.145
3634.4
KSL-CF
0.045
0.045
0.045
20
HSI-HX
0.380
0.380
0.380
10.1
SKPETROC25
0.080
0.080
0.080
200
FBMKLCI-H51
0.235
0.220
0.235
125.9
FBMKLCI-H37
0.050
0.035
0.045
1465
HSI-H29
0.130
0.110
0.110
40.2
TANCO
0.090
0.085
0.085
411.6
TM-C13
0.100
0.100
0.100
50
TIMWELL
0.690
0.610
0.690
12
SUPERMX-C16
0.035
0.035
0.035
190
HSI-HW
0.110
0.090
0.100 13898.1
HSI-HZ
0.070
0.060
0.060
53
TGOFFS
0.300
0.290
0.300
148
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
0.616
1.625
US
SWISS
BRIT CANADA BRUNEI S’PORE
AUST
M’SIA
CHINA
BANGL’H
DENM’K
UAE
0.946
0.946
0.938
2.8475
4.602
55.059
4.578
2.573
9,287
46.667
74.995
5.671
32.117
2.550
2.627
5.680
24.636
5.439
1.442
1.536
1.536
1.524
4.6260
7.476
89.447
7.438
4.180
15,088
75.814
121.836
9.213
52.177
4.142
4.268
9.228
40.024
8.836
7.764
STERLING £
2.079
1.280
1.457
1.400
CANADA $
1.127
0.694
0.789
0.759
0.542
BRUNEI $
1.058
0.651
0.741
0.712
0.509
0.939
SINGAPORE $
1.057
0.651
0.741
0.712
0.509
0.939
1.000
AUSTRALIA $
1.066
0.656
0.747
0.718
0.513
0.946
1.008
1.008
MALAYSIA RM
0.351
0.216
0.246
0.236
0.169
0.312
0.332
0.332
0.330
21.730
13.376
15.222
14.630
10.451
19.286
20.548
20.550
20.388
61.8770
1.816
1.118
1.272
1.223
0.874
1.612
1.717
1.718
1.704
5.1718
8.358
100 DANISH KRONER
21.842
13.444
15.300
14.705
10.505
19.385
20.654
20.655
20.493
62.1940
100.51
100 UAE DIRHAM
38.868
23.925
27.226
26.168
18.693
34.496
36.753
36.756
36.468 110.6755
178.86
2,140
177.95
1000 INA RUPIAH
0.108
0.066
0.075
0.072
0.052
0.096
0.102
0.102
0.101
0.3066
0.495
5.928
0.493
0.277
100 INDIA RUPEE
2.143
1.319
1.501
1.443
1.031
1.902
2.026
2.026
2.011
6.1018
9.861
117.983
9.811
5.513
0.961
0.687
1.267
1.350
1.350
1.339
4.0650
6.569
78.600
6.536
3.673
13,258
66.620
107.061
8.096
45.850
3.640
3.750
8.109
35.170
0.714
1.318
1.405
1.405
1.394
4.2295
6.835
81.781
6.800
3.822
13,795
69.316
111.394
8.424
47.705
3.787
3.902
8.437
36.593
8.078
1.845
1.966
1.966
1.951
5.9207
9.568
114.481
9.520
5.350
19,311
97.032
155.935
11.792
66.781
5.301
5.462
11.811
51.226
11.309
1.065
1.066
1.057
3.2084
5.185
62.037
5.159
2.899
10,464
52.581
84.501
6.390
36.188
2.873
2.960
6.400
27.759
6.128
1.000
0.992
3.0113
4.867
58.226
4.842
2.721
9,822
49.351
79.309
5.997
33.965
2.696
2.778
6.007
26.054
5.752
0.992
3.0111
4.866
58.222
4.841
2.721
9,821
49.348
79.304
5.997
33.963
2.696
2.778
6.007
26.052
5.751
3.0349
4.905
58.682
4.880
2.742
9,899
49.738
79.931
6.044
34.231
2.717
2.800
6.054
26.258
5.797
1.0000
1.616
19.336
1.608
0.904
3,262
16.389
26.337
1.992
11.279
0.895
0.923
1.995
8.652
1.910
1,196
99.490
55.908
1,630
123.236
697.921
55.405
57.087
123.433
535.356
118.185
8.316
4.673
16,868
84.758
136.210
10.300
58.333
4.631
4.771
10.317
44.746
9.878
56.195
202,851
1,019.27
1,638
123.87
701.50
55.69
57.38
124.07
538.10
118.79
1,814
2,915
220.43
1,248
99.10
102.11
220.78
957.56
211.39
5.025
8.075
0.611
3.458
0.275
0.283
0.612
2.653
0.586
160.705
12.153
68.823
5.464
5.629
12.172
52.792
11.654
1,203
201,817 1,014.078
360,977
19,902
1.333
0.821
0.934
0.898
0.641
1.183
1.261
1.261
1.251
3.7969
6.136
73.416
6.105
3.431
12,384
62.226
17.633
10.854
12.352
11.871
8.480
15.650
16.674
16.675
16.544
50.2100
81.145
971
80.731
45.367
163,764
822.872
1,322
2.921
3.114
1.917
2.181
2.096
1.497
2.763
2.944
2.944
39.221
24.142
27.474
26.405
18.863
34.809
37.088
37.090
7.562
8.8659
14.328
171.429
14.255
8.011
28,917
145.300
233.504
17.658
36.799 111.6820
180.490
2,159
179.570
100.909
364,260
1,830
2,941
222.430
42.826
3.400
3.503
7.574
32.851
7.252
566.327
44.958
46.323
100.160
434.414
95.901
7.939
1,260
8.180
17.686
76.707
16.934
103.036
222.785
966.266
213.313
937.795
207.027
433.722
95.748
100 SAUDI RIYAL
38.065
23.431
26.665
25.627
18.307
33.784
35.995
35.997
35.715 108.3913
175.172
2,096
174.279
97.936
353,527
1,776
2,855
215.876
1,223
97.054
100 SWEDISH KRONOR
17.605
10.837
12.332
11.852
8.467
15.625
16.647
16.648
16.518
50.1300
81.016
969.304
80.603
45.295
163,503
821.561
1,320
99.841
565.425
44.886
46.249
4.059
2.499
2.843
2.733
1.952
3.602
3.838
3.838
3.808
11.5581
18.679
223.485
18.584
10.443
37,698
189.421
304.409
23.020
130.366
10.349
10.663
23.056
18.387
11.318
12.880
12.379
8.843
16.318
17.387
17.388
17.251
52.3560
84.613 1,012.345
84.182
47.306
170,763
858.042
1,379
104.274
590.532
46.880
48.303
104.440
100 HK$
HK
0.888
1.040
100 THAI BAHT
THAI
0.781
0.879
100 PHILIPPINE PESO
SAUDI SWEDEN
0.481
0.914
100 QATAR RIYAL
QATAR
1.094
1.428
100 NORWEGIAN KRONER
PHIL
0.673
1.485
100 JAPAN YEN
JAPAN NORWAY
1.138
US $
100 BANGLAD’H TAKA
INDIA
0.700
SWISS FR
100 CHINESE RMB
INA
216.220
22.076
452.981
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.
THU RSDAY J U N E 9 , 2016 • T HEED G E FINA NCIA L DA ILY
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES
Money market
Index futures
Index points
1980
US Dollar
Long Rolls - KLCI futures
FKLI
Open Interest
1,659.00 90000
Klibor
USD Index
Index points
-1.50
18.00
(-3.50)
102.00
Implied interest rate (%)
93.641
4.5
(-0.187)
(-0.50)
3.65
(Unch)
94.25
1790
68000
4.75
1600
46000
-8.50
86.50
1410
24000
-21.75
78.75
1220
2000
-35.00
3.5
2.5
Jan 4, 2010
71.00
Jan 4, 2010
Jun 8, 2016
FBM KLCI futures end lower
in line with cash market
Jun 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 1,657.85 -2.77 199.6M
1,659.00
-3.50
6,211 38,963
-3,522
Malaysia Derivatives closed lower yesterday JUN 16
JULY 16
1,657.00
-5.00
362
1,185
364
in tandem with the weaker cash market.
SEP 16
1,647.00
-5.50
128
353
9
The benchmark FBM KLCI closed 2.77 DEC 16
1,634.00
-5.00
8
126
-19
points lower at 1,657.85.
TOTAL
6,709 40,627
-3,168
Spot contract month June 2016 eased
BID
OFFER
CLOSE
3.5 points to 1,659; July 2016 and December FUTURES ROLL OVER
-1.0
-2.0
-1.5
2016 fell five points each to 1,657 and 1,634 JUN/JUL
respectively; while September 2016 shed 5.5 FUTURES FAIR VALUE
CONTRACT
DAYS TO EXPIRY
KLIBOR DIVIDEND FAIR VALUE
points to 1,647.
16
23
3.37
5.83
-2.46
Turnover slipped to 6,709 lots from 7,689 JUN
JULY 16
52
7.82
12.55
-4.73
lots on Tuesday, while open interest eased ROLL’S FAIR
-2.27
to 40,627 contracts from 41,013 contracts
previously.
Most Southeast Asian stocks rose
yesterday. Vietnam shares closed 0.5% higher,
led by basic materials and technology stocks, peak before settling down 0.4%, with
while Philippine shares closed 0.2% higher. telecommunication services and industrials
Indonesian shares hit an 11-month stocks leading the losses. — Agencies
Commodities
Jun 8, 2016
1.5
Oct 1, 2000
US dollar hurt by ebbing US
Fed rate hike expectations
Klibor
The US dollar underperformed yesterday,
hitting a five-week trough, hurt by waning
expectations that the US Federal Reserve
(Fed) will raise interest rates anytime soon.
The US dollar index, which tracks the
greenback against a basket of six rivals, edged
down 0.15% to 93.641 after dropping as low
as 93.680, its lowest since May 6.
Against its Japanese counterpart, the US
dollar fell 0.3% to ¥107.06 after hitting a low
of ¥106.72 earlier. It climbed from those lows
after data showed that China’s imports beat
forecasts in May, adding to hopes that the
economy may be stabilising.
The US dollar’s weakness saw the euro
gain 0.15% to US$1.137 when the European
Central Bank kick-started its corporate bondbuying programme as part of its quantitative
easing plan. — Reuters
JUN6
JUL6
AUG6
SEP6
DEC6
MAR7
JUN7
SEP7
DEC7
MAR8
JUN8
SEP8
DEC8
MAR9
JUN9
SEP9
DEC9
MAR0
JUN0
SEP0
DEC0
MAR1
TOTAL
CPO vs Soyoil
Open Interest
4200
200000
CPO RM/tonne
Soyoil US$/Ibs
MONTH
6400
Crude Oil
Gold
US$/bbl
US$/troy oz
0.7300
155.00
2,934
50.94
152500
5075
(RM0.3278/tonne) 0.5475
121.25
2700
105000
3750
0.3650
87.50
1340
57500
2425
0.1825
53.75
1020
1950
2,588
Jan 6, 2008
SETTLEMENT
PRICE
CHANGE
96.35
96.35
96.35
96.35
96.35
96.35
96.30
96.26
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
VOLUME
OPEN
INTEREST
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
1980
3450
1200
Jun 8, 2016
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
Oct 2, 2006
(+0.58)
10000
Jun 8, 2016
Palm oil extends loss as ringgit
holds on to three-week high
1100
(-11)
Jan 6, 2008
Jun 8, 2016
0.0000
CPO futures
CONTRACT
JUN-16
JUL-16
AUG-16
SEP-16
OCT-16
LAST
2,634
2,605
2,588
2,568
2,541
CHANGE
-6
-10
-11
-8
-8
VOLUME
60
2,694
26,251
11,598
9,065
OPEN CHANGE IN
INTEREST OPEN INTEREST
2,496
24,502
90,331
64,430
37,388
1,255.10
(+9.60)
2,588
(-11)
1660
-676
-1,478
-6,961
-1,848
-2,673
Malaysian palm declined further yesterday,
hitting a near two-week low, as the ringgit
remained at its strongest level for nearly
CPO FUTURES
CPO/SOYOIL
three weeks.
FUTURES BASIS (USD)
The palm oil contract for August delivery INDICATIVE ROLL-OVER CURRENT
-68.02
JUN/JUL
29
on Bursa Malaysia Derivatives was down JUN/AUG
3 MONTHS AVERAGE
-66.24
46
0.4% or RM11 at RM2,588 per tonne at the JUN/SEP
6 MONTHS AVERAGE
-81.54
66
end of the trading day.
JUL/AUG
17
The market fell for a third consecutive SGS & ITS EXPORT ESTIMATES (TONNES)
MAR’16
APR’16
MAY’16
session, bringing its loss to 2.5% so far this SHIPMENT DAYS
308/328
305/321
404/391
week. It earlier reached an intraday low of 1 - 10TH DAYS
1- 15TH DAYS
416/451
500/484
575/563
RM2,575, its lowest since May 27.
DAYS
718/713
724/738
792/786
Traded volumes stood at 55,418 lots of 11 -- 20TH
25TH DAYS
883/887
883/890
982/965
25 tonnes each yesterday evening, versus FULL MONTH
1,168/1,175
1,088/1,109 1,252/1,233
the 2015 average of 44,600.
MALAYSIAN PALM OIL BOARD
JAN’16
FEB’16
MAR’16
APR’16
“Palm oil is coming down on the back of
1,130
1,043
1,220
1,301
a strengthening ringgit, so the market is on PRODUCTION
EXPORT
1,279
1,085
1,334
1,165
a profit-taking note,” said a trader.
STOCKS
2,308
2,169
1,885
1,800
Government body, the Malaysian Palm
MPOB Palm oil physical
Oil Board is scheduled to release May palm
(IN RM/TON)
JUN’2016
JUL’2016
AUG’2016
oil data tomorrow around noon.
DELD
2,632
2,660
2,645
A Reuters poll ahead of the data pegged CPO
PK EX-MILL
2,565
2,565
2,545
May end-stocks to fall 8.8% to 1.64 million CPKO DELD
5,373
5,373
5,357
tonnes from April, as the surge in exports RBD P.OIL FOB
2,734
2,734
2,701
outpaced a small rise in output growth.
RBD P.OLEIN FOB
2,754
2,737
2,733
2,480
2,480
2,450
Output is forecast to rise month-on-month RBD P.STEARIN FOB
by 3.9% to 1.35 million tonnes, compared MPOB FFB REF PRICE (MILL GATE PRICE)
GRADE A
GRADE B
GRADE C
with a 13.1% surge in exports due to Ramadan REGION
OER (RM/TON)
OER(RM/TON)
OER (RM/TON)
demand for cooking purposes as buyers NORTH
20.00% 598
19.00% 572
18.00% 546
stock up on supplies.
SOUTH
20.00% 605
19.00% 579
18.00% 553
20.00% 604
19.00% 578
18.00% 552
A stronger ringgit of which the currency palm CENTRAL
oil is traded in, makes palm oil more expensive EAST COAST 20.00% 600 19.00% 574 18.00% 548
SABAH
22.00% 581
21.00% 558
20.00% 534
for foreign currency holders. — Reuters
SARAWAK
22.00% 590
21.00% 566
20.00% 542
20.00
Apr 10, 2007
700
Jun 8, 2016
Oil prices hit eight-month
high on supply disruptions
Oil prices jumped to their highest level in
eight months yesterday, rising for a third
consecutive session on supply disruptions
in Nigeria and strong Chinese demand data.
US Brent crude futures rose 66 US cents
at US$52.10 a barrel to the highest level since
October 2015 at US$52.24 a barrel.
US West Texas Intermediate crude futures
were up 58 US cents to US$50.94 a barrel,
after reaching US$51.12, their highest since
July 2015.
There was also a larger-than-expected
drop in US crude inventories on Tuesday,
indicating an easing of the global supply glut.
A weaker US dollar yesterday also boosted
prices.
“The market sentiment is positive; the
trend and the momentum point to further
gains,” said Carsten Fritsch, commodities
analyst at Commerzbank. — Reuters
Centrifuged Latex
Aug 31, 2008
Commodities
AGRICULTURE
UNIT
EXCHANGE
RM/TON
SEN/KG
USC/BSH
USC/BSH
USC/BSH
USC/IBS
US$/TON
USC/IBS
USC/IBS
USC/IBS
MDEX
MRB
CBOT
CBOT
CBOT
CME
NYBOT
NYBOT
NYBOT
NYC
2,588
510.00
429.75
1,152.75
509.50
116.00
3,078
133.80
19.31
65.50
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
16,850
-100
2.0680 0.0135
1,255.10
9.60
1,014.80
15.40
563.90
11.75
16.85
0.46
11,870
155
15,625
-130
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
50.94
0.58
1.5639 0.0156
2.574
0.017
52.10
0.66
463.50
7.25
CRUDE PALM OIL
RUBBER
CORN
SOYBEANS
WHEAT
LIVE CATTLE
COCOA
COFFEE
SUGAR
COTTON
-11
-4.00
2.00
11.50
0.50
-0.55
5
-0.35
0.19
-0.34
METAL & PRECIOUS METALS
TIN
COPPER
GOLD
PLATINUM
PALLADIUM
SILVER
ALUMINIUM
ZINC
ENERGY
Sen/Kg
1100
1700
900
1325
437.50
950
(-14.00)
500
510.00
(-4.00)
575
300
Jan 7, 2007
LAST PRICE CHANGE
Rubber - M’sia SMR 20
Sen/Kg
700
Jun 8, 2016
200
Jun 8, 2016
Jan 7, 2007
Jun 8, 2016
Markets
32
T HU R SDAY JU N E 9, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
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 1,657.85
FBM ACE 5,447.91
2.77
40.52 FTSTI 2,862.38
14.29 NIKKEI 16,830.92
155.47
HANG SENG 21,297.88
There is just one life for each of us: our own.
— Euripides
STOCK
1666.0
1664.6
1663.2
1661.8
1660.4
1659.0
1657.6
1656.2
1654.8
1653.4
1652.0
Index point
1,659.00
(-3.50)
KLCI futures
1,657.85
KL Composite Index
8:45 9:30
10:30
11:30
12:45
(-2.77)
14:30
15:30
16:30 17:15
Daily FBM KLCI
Moving average - 20-day
KL Composite Index
1950.0
M3TECH
SUMATEC
AWC
DRBHCOMC20
IFCAMSC
PERISAI
RGB
BJCORP
ARMADA-C11
ASIAPLY-WA
HWGB
KTC
EG
IVORY-WA
SPSETIA
KNM-WA
Daily top 20 active stocks
VOLUME
('000)
CHANGE
(%)
CHANGE
(RM)
CLOSE
(RM)
HIGH
(RM)
LOW
(RM)
94,584
93,941
44,948
30,415
20,385
12,248
11,283
10,465
10,336
9,780
9,688
8,228
7,813
7,350
6,340
5,888
-43.75
0.00
4.86
-18.18
3.96
3.92
6.25
1.37
100.00
3.23
-8.33
10.34
0.00
15.79
-0.32
0.00
-0.105
0.000
0.035
-0.010
0.020
0.010
0.010
0.005
0.010
0.005
-0.005
0.030
0.000
0.015
-0.010
0.000
0.135
0.110
0.755
0.045
0.525
0.265
0.170
0.370
0.020
0.160
0.055
0.320
0.905
0.110
3.100
0.080
0.265
0.115
0.785
0.060
0.540
0.270
0.170
0.375
0.020
0.170
0.060
0.325
0.935
0.115
3.160
0.085
0.135
0.105
0.730
0.045
0.505
0.255
0.165
0.365
0.010
0.155
0.050
0.290
0.900
0.095
3.060
0.080
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.
1,657.85
(-2.77)
1667.5
FBM KLCI rally stunted by
profit-taking, ringgit weakens
1,635.34
1385.0
1102.5
820.0
Jan 2, 2008
Jun 8, 2016
900
600
300
0
Volume (’mil)
FBM KLCI futures
CONTRACT
SETTLEMENT
CHANGE
HIGH
LOW
JUN 16
JULY 16
SEP 16
1,659.00
1,657.00
1,647.00
-3.50
-5.00
-5.50
1,666.50
1,664.00
1,655.00
1,654.00
1,653.00
1,644.00
KLCI
POINTS
CHANGE
(RM)
CLOSE
(RM)
VOLUME
('000)
0.75
0.60
0.50
0.47
0.44
0.40
0.40
-0.18
-0.43
-0.44
-0.45
-0.59
-0.67
-0.77
-0.83
-2.01
-2.79
0.02
-2.77
0.060
0.180
0.080
0.240
0.030
0.030
0.040
-0.010
-0.040
-0.070
-0.060
-0.040
-0.220
-1.600
-0.060
-0.120
5.750
21.960
6.720
5.600
4.540
6.700
1.740
1.660
4.360
8.380
7.620
5.630
7.360
50.200
6.440
8.270
1181.6
387.3
4922.1
1638.1
10954.1
13214.0
34659.7
3310.1
10855.2
1805.9
3879.7
7036.7
13.3
439.5
5619.0
11639.3
FBM KLCI sensitivity*
MAXIS
PETRONAS GAS
TELEKOM MALAYSIA
UMW HOLDINGS
CIMB GROUP
PETRONAS CHEMICAL
SAPURA-KENCANA
YTL CORPORATION
IOI CORP BHD
GENTING BHD
MISC BERHAD
AXIATA GROUP
KLCC PROP REIT
BRITISH AMERICAN TOBACCO
IHH HEALTHCARE
MAYBANK
SUB-TOTAL
OTHERS
GRAND TOTAL
* How stock price changes affected the index on the previous trading day
17.95
Market movers
UNUSUAL MARKET ACTIVITIES
FBM KLCI & KLCI futures intraday
DOW JONES 17,938.28
30.36
M3TECH
SUMATEC
ARMADA
AWC
AIRASIA
AIRASIAC33
SKPETRO
DRBHCOMC20
DRBHCOMC19
KNM
VIVOCOM-WB
VIVOCOM
DGB
KBUNAI
IFCAMSC
OCR
AAX-WA
AAX
DRBHCOM
NETX
TURNOVER
(‘000)
CHANGE
(RM)
CHANGE
(%)
PRICE
(RM)
PE
RATIO
DIVIDEND
YIELD (%)
94,583.8
93,941.1
62,748.6
44,948.4
41,034.3
35,822.8
34,659.7
30,414.9
29,820.8
26,074.2
24,464.1
23,188.4
22,447.4
20,871.7
20,384.5
19,939.9
19,472.7
16,270.5
15,843.0
14,133.5
-0.105
UNCH
0.030
0.035
0.060
0.025
0.040
-0.010
-0.020
0.005
-0.010
-0.010
-0.005
UNCH
0.020
-0.005
-0.005
-0.005
-0.045
UNCH
-43.75
UNCH
4.23
4.86
2.31
8.93
2.35
-18.18
-12.90
1.09
-6.06
-3.45
-7.69
UNCH
3.96
-0.93
-1.82
-1.27
-4.37
UNCH
0.135
0.110
0.740
0.755
2.660
0.305
1.740
0.045
0.135
0.465
0.155
0.280
0.060
0.055
0.525
0.535
0.270
0.390
0.985
0.040
—
18.97
—
21.24
5.72
—
—
—
—
35.94
—
20.00
—
—
35.56
—
—
—
—
—
0.00
0.00
1.15
0.00
1.54
0.00
0.79
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.98
0.00
0.00
0.00
5.83
0.00
Top gainers and losers (ranked by RM)
UP
NESTLE
DLADY
KESM
PANAMY
ULICORP
UMW
UTDPLT
SCIENTX
PETGAS
BJCORP-WC
AHEALTH
HLIND
CLOSE
CHANGE
(RM)
76.600
56.900
5.150
29.880
5.870
5.600
26.580
12.600
21.960
0.165
4.020
8.170
0.500
0.300
0.300
0.280
0.250
0.240
0.180
0.180
0.180
0.160
0.160
0.150
0.020
0.025
0.210
0.015
0.015
0.035
0.035
0.035
0.045
0.190
100.00
66.67
50.00
50.00
50.00
40.00
40.00
40.00
28.57
26.67
DOWN
BAT
BJCORP-LE
KLCC
EDGENTA
BKAWAN
HSI-HX
TAKAFUL
MAYBANK
M3TECH
KLK
SUCCESS
INARI
CLOSE
CHANGE
(RM)
50.200
0.700
7.360
3.400
17.900
0.380
3.870
8.270
0.135
23.300
2.170
3.060
-1.600
-0.300
-0.220
-0.210
-0.200
-0.140
-0.130
-0.120
-0.105
-0.080
-0.080
-0.070
0.005
0.010
0.015
0.010
0.010
0.700
0.060
0.380
0.110
0.075
-50.00
-50.00
-40.00
-33.33
-33.33
-30.00
-29.41
-26.92
-26.67
-25.00
KUALA LUMPUR: The FBM KLCI saw a wave of profit taking
by investors yesterday after more than a week-long rally since
June 1, which resulted in the benchmark index falling as low
as 1,653.25 points after the mid-day break.
At the end of trading hours, it pared some losses to settle
at 1,657.85 points, a mild decline of 2.77 points or 0.17% from
Tuesday’s close. The ringgit has also weakened to 4.0623
against the US dollar, and to 3.0026 versus the Singapore dollar.
JF Apex Securities Bhd head of research Lee Chung Chen Top gainers and losers (ranked by percentage)
told theedgemarkets.com that investors were largely in a profitUP
CHANGE
DOWN
CHANGE
taking mood after the FBM KLCI’s rally since the start of June.
CLOSE
(%)
CLOSE
(%)
“As for now, retail investors are still staying on the sidelines.
BJCORP-WC
0.165
3200.00
DRBHCOMC18
0.005
-50.00
Market is looking for its direction, pending the outcome of
0.030 100.00
LIONCOR-WB
0.010 -50.00
the Brexit issue by the end of this month, and perhaps more UMW-CV
ARMADA-C11
0.020 100.00
KOSSAN-CK
0.005 -50.00
clarity on whether there will be a rate hike in the US,” he said. UEMS-C22
0.025
66.67
KFM-WA
0.010 -50.00
Lee was of the view that the supporting level for the FBM SUNZEN-WA
0.210
50.00
M3TECH
0.135 -43.75
KLCI was at 1,615 points, with resistance at 1,670 points.
PBBANK-C4
0.015
50.00
DGB-WA
0.015 -40.00
0.015
50.00
KEURO-WE
0.010 -33.33
Reuters reported Southeast Asian stocks were trading DAYANG-CV
0.035
40.00
CSL-WA
0.010 -33.33
cautiously yesterday, in line with Asian markets, with HSI-C19
0.035
40.00
BJCORP-LE
0.700 -30.00
Indonesia snapping three consecutive days of gains on profit- UMW-CW
UEMS-C20
0.035
40.00
FBMKLCI-H57
0.060 -29.41
taking, while the Philippine index and Vietnam extended UEMS-C29
0.045
28.57
HSI-HX
0.380 -26.92
gains from the previous session.
PMETAL-CP
0.190
26.67
FBMKLCI-H70
0.110 -26.67
Asian peers were flat as weak Chinese export data offset
a brightening energy sector outlook, alongside an expected Top gainers and losers - warrants (ranked by percentage)
delay in interest rate hikes by the US Federal Reserve. China
UP
CHANGE
DOWN
CHANGE
had announced its May exports fell by a more-than-expected,
CLOSE
(%)
CLOSE
(%)
i.e. 4.1% from a year earlier. — by Chester Tay
BJCORP-WC
0.165 3200.00
DRBHCOMC18
0.005 -50.00
UMW-CV
0.030 100.00
LIONCOR-WB
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!
CLOSE
CHANGE
17,938.28
2,112.13
4,513.09
6,284.53
5,369.98
2,927.16
21,297.88
27,020.66
17.95
2.72
-10.55
11.13
-1.05
-8.89
-30.36
10.99
INDONESIA
JAPAN
KOREA
PHILIPPINES
SINGAPORE
TAIWAN
THAILAND
VIETNAM
CLOSE
CHANGE
4,916.06
16,830.92
2,027.08
7,722.79
2,862.38
8,715.48
1,445.54
627.87
-17.93
155.47
15.45
12.25
14.29
35.58
3.12
3.22
Email: [email protected]
Fax: (03) 7721 8282
ARMADA-C11
UEMS-C22
SUNZEN-WA
PBBANK-C4
DAYANG-CV
HSI-C19
UMW-CW
UEMS-C20
UEMS-C29
PMETAL-CP
KOSSAN-CK
KFM-WA
DGB-WA
KEURO-WE
CSL-WA
BJCORP-LE
FBMKLCI-H57
HSI-HX
FBMKLCI-H70
E&O-C3
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