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Transcription

Th eEdge Property .com
FBM KLCI 1657.58
6.14
KLCI FUTURES 1647.00
5.00
STI 2773.07
38.13
RM/USD 3.9860
CPO RM2616.00
77.00
OIL US$45.08
0.11
GOLD US$1278.60
13.20
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
THURSDAY MAY 5, 2016 ISSUE 2160/2016
‘Hong Kong
bank accounts
frozen
for some
entangled in
1MDB probe’
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
PA G E 2
www.theedgemarkets.com
3 HOME BUSINESS
Ringgit falls most
in eight months on
US rate hike talk
5 HOME BUSINESS
‘Government not
revising growth and
defi
ficit targets despite
stable oil prices’
s the
y, it'
l
s
u
o
i
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5 HOME BUSINESS
Confidence
fidence in
Confi
China-based firms
firms
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15 H O M E
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SD by previous
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18 C O M M E N T
Asian banks have
dug themselves into
US$60b hole
S’pore probes complex transactions
Investigations involve ‘many shell companies’ in 1MDB case
PA G E 2
FBM KLCI 1657.58
6.14
KLCI FUTURES 1647.00
5.00
STI 2773.07
38.13
RM/USD 3.9860
CPO RM2616.00
77.00
OIL US$45.08
0.11
GOLD US$1278.60
13.20
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
THURSDAY MAY 5, 2016 ISSUE 2160/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
‘Hong Kong
bank accounts
frozen
for some
entangled in
1MDB probe’
PA G E 2
www.theedgemarkets.com
3 HOME BUSINESS
Ringgit falls most
in eight months on
US rate hike talk
5 HOME BUSINESS
‘Government not
revising growth and
deficit targets despite
stable oil prices’
5 HOME BUSINESS
Confidence in
China-based firms
sinks further
14 H O M E
Team Adenan set
for big win
15 H O M E
AG: Case involving
SD by previous
owner of bungalow
not closed
1MDB’S
BOARD
QUITS
and advisory board
to be dissolved
Changes come shortly
after the fund defaulted on
interest payment.
Gho Chee Yuan has the
story on Page 3.
18 C O M M E N T
Asian banks have
dug themselves into
US$60b hole
S’pore probes complex transactions
Investigations involve ‘many shell companies’ in 1MDB case
PA G E 2
2
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
For breaking news updates go to
www.theedgemarkets.com
ON EDGE T V
www.theedgemarkets.com
#Justsaying:
The face of
El Nino
Singapore probes
complex transactions
Investigations involve ‘many shell companies’ in 1MDB case
BY ANITA G ABRI E L
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,
Surinder Jessy, Ooi Inn Leong
Associate Editors R B Bhattacharjee,
Joyce Goh, Jose Barrock,
Vasantha Ganesan
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Design Team Cheryl Loh,
Valerie Chin, Aaron Boudville,
Aminullah Abdul Karim,
Yong Yik Sheng, Tun Mohd Zafian
Mohd Za’abah, Noorain Duasa
SINGAPORE: The authorities are
probing “complex and layered
transactions” with “cross-border
elements” involving many shell
companies in their investigations
into 1Malaysia Development Bhd
(1MDB), according to prosecutors here.
This was revealed by Singapore’s chief prosecutor Tan Ken
Hwee at the third mention in the
state court in the case involving
Kelvin Ang Wee Keng, who was
charged with corrupt transactions
in a massive ongoing probe into
1MDB.
While the submission in court
again made no mention of 1MDB,
it is widely accepted that the case
involves the probe into the money
trail of Malaysia’s troubled statebacked firm.
“Unravelling, unpacking and
comprehensively analysing all
the transactions have taken, and
will continue to take, a significant
amount of time,” said Tan in his
submission for Ang to be further
remanded for another week.
Ang, 34, was charged on April
20 for corruptly giving a gratification sum of S$3,000 (RM8,797)
sometime between 2013 and 2014
to research analyst Lee Chee Waiy
to expedite preparation of a favourable valuation report to be
issued by his equity research firm.
Ang, who appeared in court
via video link, is believed to be
CORPORATE
Managing Director Au Foong Yee
Deputy Managing Director
Lim Shiew Yuin
ADVERTISING & MARKETING
To advertise contact
GL: (03) 7721 8000
Fax: (03) 7721 8288
Chief Marketing Officer
Sharon Teh (012) 313 9056
General Manager, Digital Media
Kingston Low (012) 278 5540
Senior Sales Managers
Fong Lai Kuan (012) 386 2831
Peter Hoe (019) 221 5351
Gregory Thu (012) 376 0614
Creative Marketing
Chris Wong (016) 687 6577
Head of Marketing Support & Ad Traffic
Lorraine Chan (03) 7721 8001
Email: [email protected]
While the submission in court again made no mention of 1MDB, it is widely accepted
that the case involves the probe into the money trail of Malaysia’s troubled statebacked firm. Photo by Reuters
employed in the finance sector.
He also dealt extensively for
over two years with another accused in the 1MDB case, ex-private
banker of BSI Singapore Yeo Jiawei and “some others implicated
in improper dealings”, according
to Tan.
“Progress has been made in
the investigations regarding the
accused’s role in the various matters being scrutinised. There are
still, however, some remaining in-
vestigations that require a further
period of remand,” Tan submitted.
“CAD (Commercial Affairs
Department) officers have been
working on this and related matters round-the-clock, and we expect to finalise the position in relation to this accused within the
next six days,” he added.
District Judge Christopher Goh
granted prosecution’s application to further remand Ang. — The
Business Times
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BUSINESS DEVELOPMENT
Senior Manager Elizabeth Lay
‘Hong Kong bank accounts frozen
for some entangled in 1MDB probe’
SINGAPORE: Hong Kong bank
accounts belonging to several unnamed individuals have been frozen amid global investigations into
the finances of a troubled Malaysian state fund, according to people with knowledge of the matter.
Those who had their funds
locked are being probed by authorities in countries outside
Malaysia, such as Singapore, the
people said, asking not to be identified because of the sensitivity of
the matter.
1Malaysia Development Bhd
(1MDB), which defaulted on its
debt last month, is at the centre of
multiple inquiries stretching from
Switzerland to the United States
amid allegations of money laundering and embezzlement, and has
consistently denied wrongdoing.
Malaysia’s central bank last week
fined 1MDB and announced it was
ending its investigation.
It’s not clear which Hong Kong
authorities ordered the accounts
Indonesia’s Lotte Mart
halts Reckitt Benckiser
orders amid outcry
SEOUL: Supermarket chain Lotte
Mart said it will stop ordering
some Reckitt Benckiser Group
plc products, after the British
maker of household cleaners
was among companies probed
by South Korean authorities for
selling humidifier disinfectants
linked to respiratory illnesses and
death among users. The Lotte
Shopping Co Ltd unit, which
operates about 100 supermarkets in the country, cited public
calls for boycotts as the reason for
its move. Reckitt Benckiser had
stopped selling the disinfectant
made by its South Korean Oxy
unit since 2011, amid reports of
fatalities among users of products made by Reckitt Benckiser
and other companies, including
Lotte Mart’s own in-house brand.
— Bloomberg
Pimco buying emerging
markets; likes rouble,
Mexican peso
EDITORIAL ADMINISTRATION
Manager Katherine Tan
Assistant Manager Madeline Tan
Senior Coordinator Maryani Hassan
IN BRIEF
freeze, or if the banks acted on
their own volition. The Financial
Times in September reported that
Hong Kong police were investigating some deposits related
to 1MDB after a complaint was
lodged. Malaysia said those claims
were baseless and politically motivated, the newspaper reported.
Hong Kong’s anti-corruption
agency and the police said they
don’t comment on individual
cases.
Authorities in Singapore said in
February they had frozen “a large
number” of accounts in connection with possible money laundering related to the 1MDB probe.
The Southeast Asian nation has
charged two men following investigations into their dealings
with the fund and related entities. Prosecutors there describe
the probe as its “most complex
cross-border investigation”.
Authorities in other countries
such as Switzerland are also ex-
amining claims that 1MDB was
used to funnel money to politically-connected individuals. A
Malaysian parliamentary committee had identified at least US$4.2
billion of irregular transactions
by the fund.
Prime Minister Datuk Seri Najib
Razak chairs the advisory board
of 1MDB and has faced calls from
opposition politicians and former
leader Tun Dr Mahathir Mohamad
to resign as premier over alleged
mismanagement at the fund. He
has consistently denied wrongdoing.
The Malaysian attorney-general’s office in January cleared
Najib of any graft in receiving a
large donation in his personal accounts from the Saudi royal family
before the 2013 general election,
with most of the money later returned. It rejected at least two
requests from Malaysia’s central
bank for criminal proceedings
against 1MDB. — Bloomberg
LONDON: Asset manager Pimco said yesterday it was time to
actively engage in emerging
markets again and highlighted
the Russian rouble and Mexican peso as examples of assets
that offered potential gains.
Pimco’s head of asset allocation
for EMEA (Europe, the Middle East and Africa), Geraldine
Sundstrom, said commodity
prices appeared to be hitting
a bottom, Chinese growth was
stabilising and the dollar was
no longer on an uptrend. “The
landscape in emerging markets
has been steadily improving
over the last few months. With
this in mind, we are beginning
to redeploy capital to EM where
we can find good value,” Sundstrom said in a note. — Reuters
US private sector job
growth slows in April
NEW YORK: US private employers added 156,000 jobs in
April, well below economists’
expectations and the weakest
gain in three years, a report by a
payrolls processor showed yesterday. Economists surveyed by
Reuters had forecast the ADP
National Employment Report
would show a gain of 196,000
jobs, with estimates ranging from 116,000 to 225,000.
It was the smallest increase
since April 2013. Private payroll
gains in the month earlier were
revised down to 194,000 from
an originally reported 200,000
increase. — Reuters
CVC Capital poaches top
HSBC SEA dealmaker
SINGAPORE: CVC Capital Partners, the biggest European buyout firm, has hired HSBC Holdings plc’s most senior Southeast
Asia (SEA) dealmaker Alvin
Lim, people with knowledge
of the matter said. Lim, who
was a managing director and
head of SEA banking advisory
at HSBC, will start work at CVC
Capital next month, focusing
on investments in Singapore
and Malaysia, the people said.
— Bloomberg
HOME BUSINESS 3
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
NEWS IN BRIEF
1MDB board quits, advisory
board to be dissolved
Changes come shortly after fund defaulted on interest payment
BY GHO C H EE Y UAN
KUALA LUMPUR: Minister of
Finance Inc (MoF Inc) confirms
its acceptance of the resignation
of 1Malaysia Development Bhd’s
(1MDB) current board of directors effective May 31, in line with
the governance changes and asset transfer.
MoF Inc also announced
that 1MDB’s board of advisers,
chaired by Prime Minister Datuk
Seri Najib Razak, will be dissolved
under the changes to the troubled strategic investment fund’s
governance.
Accordingly, MoF Inc said in
the statement yesterday that the
Article 117 of 1MDB’s memorandum and articles of association
will be removed and all references of “prime minister” will be
changed to “Minister of Finance”.
The ownership of Bandar Malaysia Sdn Bhd, TRX City Sdn
Bhd, Air Itam land and Pulau Indah land will also be transferred
from 1MDB to MoF Inc, according to the statement.
MoF Inc’s announcement
comes on the heels of 1MDB having defaulted on interest payment of US$50.3 million to its
bondholders on April 25. 1MDB’s
default triggers cross default on
1MDB Board of Directors
Tan Sri Lodin Wok Kamaruddin
Chairman
Arul Kanda Kandasamy
President and group executive director
Datuk Shahrol Azral Ibrahim Halmi
Founding managing director
and former chief executive officer
Tan Sri Ismee Ismail
Director
Tan Sri Ong Gim Huat
Director
Ashvin J Valiram
Director
all its debt papers that are guaranteed by the government, including
the RM5 billion sukuk plus RM800
million loan by the Social Security
Organisation or Socso.
The MoF Inc, the sole shareholder of 1MDB, said it will appoint new
members in due course to reflect the
limited business profile of the fund.
MoF Inc said the changes follow recommendations made in the
Public Accounts Committee (PAC)
report on 1MDB, which included
the resignation of the current board
of directors.
“After a detailed study and due
deliberation, MoF Inc has agreed
to fully implement the various rec-
ommendations contained in the
PAC report on 1MDB,” MoF Inc
said in the statement.
According to 1MDB’s website, its board of directors comprises chairman Tan Sri Lodin
Wok Kamaruddin, president and
group executive director Arul
Kanda Kandasamy, former 1MDB
chief executive officer Datuk
Shahrol Azral Ibrahim Halmi,
directors Tan Sri Ismee Ismail,
Tan Sri Ong Gim Huat and Ashvin J Valiram.
The current board members
on April 7 offered their resignations to MoF Inc.
MoF Inc said, nevertheless,
Arul Kanda will remain in his
current role as president of
1MDB until further notice. “He
will continue to focus on his specific mandate to implement the
rationalisation plan, which will
include resolution of the recent
contractual dispute with International Petroleum Investment Co.”
To recap, besides the change
of governance and asset transfer, one of the highlights in the
PAC report is that the committee wants an investigation into
1MDB’s former chief executive
officer Shahrol Azral and other
executives. The committee, however, did not reveal those names.
Ringgit falls most in eight months on US rate hike talk
KUALA LUMPUR: The ringgit
slumped by the most in eight months
after Federal Reserve Bank of Atlanta
president Dennis Lockhart said a US
interest-rate increase in June was “a
real option”.
The comments sparked a surge in
the greenback, with the Bloomberg
Dollar Spot Index rising from the
lowest level in a year. Brent crude
hovered around US$45 (RM180) a
barrel after falling more than 6%
in the past two days, dimming the
outlook for Malaysia’s finances as
Asia’s only major net oil exporter.
The weakness in the commodity
price has helped send the ringgit
to its lowest level since March 29.
While Lockhart said two rate increases are possible this year, futures
are only pricing in a 12% probability
of such a move by June and 55% by
the final meeting in December 2016.
Mitul Kotecha, the head of Asian
foreign-exchange and interest-rate
strategy at Barclays plc in Singapore,
said the moves in regional currencies
reflected more of a “market positioning shift” than a fundamental one.
“This partly reflects the dollar’s
turnaround,” Kotecha said. “That,
combined with the fact that there’s
been a drop in commodity prices,
has weighed on some currencies
such as the ringgit.”
The ringgit dropped 1.5% to
3.9925 per dollar in Kuala Lumpur, the biggest decline since Sept
7, according to prices from local
banks compiled by Bloomberg. It’s
now fallen 2.3% this quarter, after
rising more than 10% in the previous three months.
1Malaysia Development Bhd
(1MDB), the state-owned investment company that defaulted on
a US$1.75 billion bond last week,
is asking investors to hold off any
request for early repayment on its
Islamic debt, according to a person
familiar with the matter. 1MDB has
submitted a request to the trustees
of RM7.24 billion (US$1.8 billion) of
sukuk for a waiver on the “acceleration process” for the bonds, the person said, asking not to be identified
because the information isn’t public.
The Minister of Finance Inc, the
shareholder of 1MDB, said the board
will resign on May 31, according to
an emailed statement yesterday,
while Arul Kanda Kandasamy will
remain as company president.
Malaysian 10-year government
bonds fell, with the yield rising two
basis points to 3.9%, according
to prices from Bursa Malaysia. —
Bloomberg
Kobay Technology to undertake restructuring
KUALA LUMPUR: Kobay Technology Bhd plans to undertake
an internal group reorganisation
via inter-companies’ disposal of
its entire stake in four of its wholly-owned units to another wholly-owned subsidiary, Lipo Corp
Sdn Bhd, for RM18.8 million.
In a filing with Bursa Malaysia,
Kobay said the exercise will allow
for better management and control
of the manufacturing activities under the same portfolio.
Kobay said it had entered into a
share sale agreement to dispose of
its stake in Polytool Technologies Sdn
Bhd, Maker Technologies Sdn Bhd,
Bend Weld Engineering Sdn Bhd and
Omni Value Chain Sdn Bhd with Lipo.
The total cash consideration that
will be raised by Lipo is via an issuance of 5.63 million ordinary shares
of RM1 each at an issue price of
RM3.35 per share in the paid-up
capital of Lipo.
Kobay said the transactions will
not give rise to any gain or loss to
the group, but at the company level, it shall record a gain from the
disposal of RM13.99 million after
deducting the original cost of investment of RM4.8 million in the
four companies.
The transactions are expected to
be completed by the second quarter
of calendar year 2016.
Daibochi trims dividend
in 1QFY16
KUALA LUMPUR: Daibochi
Plastic and Packaging Industry Bhd, which will expand
into the Australia and New
Zealand (ANZ) market beginning this quarter, saw its
net profit growing 5.2% to
RM6.51 million or 2.38 sen
per share in the first financial quarter ended March 31,
2016 (1QFY16), from RM6.19
million or 2.27 sen per share
a year ago.
Quarterly revenue was 4.1%
higher at RM89.7 million, from
RM86.16 million a year earlier (1QFY15), due to increase
in export sales, particularly
with more orders from a Thai
customer in line with its marketing campaign.
The plastic packaging manufacturer declared an interim
dividend of 1.45 sen, substantailly lower compared with
3.5 sen in the previous corresponding quarter. The dividend is payable on June 10.
Going forward, Daibochi
said it remains steadfast in its
strategy to constantly explore
opportunities to expand export
sales and introduce innovative
products to drive long-term
growth.
In this regard, it is on track
to commence the delivery of
its new export contracts to the
ANZ market, from the second
and third quarters of 2016 onwards.
“In line with our ongoing
long-term expansion plans,
the group has commenced the
second phase of expansion of
Daibochi Plastic Plant 2 with a
capital expenditure of approximately RM13 million, which
includes new machinery and
other works,” it added.
Extra time for Lion Corp to
submit regularisation plan
KUALA LUMPUR: Lion Corp
Bhd has obtained Bursa Malaysia’s approval for an extension
of time to submit its regularisation plan.
The loss-making steel giant
now has up to July 31 to submit
the plan.
Lion Corp, which has been
in Practice Note 17 status since
October 2013, noted that Bursa
Malaysia has the right to suspend the counter if it fails to
submit the plan before the
deadline.
The company announced
in October last year that it
was in the midst of securing
potential investors for its subsidiary as part of its regularisation plan.
It said its 78.89%-owned
subsidiary, Megasteel Sdn Bhd,
will be included in the plan,
adding that the group will continue to seek potential investors
to invest in Megasteel.
Megasteel is principally involved in the manufacturing
and sale of hot-rolled coils and
cold-rolled coils.
Lion Corp’s share price
closed up 0.5 sen or 12.5% at
4.5 sen, with a market capitalisation of RM59.23 million.
4 HOME BUSINESS
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Concerns over
1MDB weigh on
AMMB’s share price
Controversies do have an indirect impact on ANZ’s stake
BY TA N SI EW MU NG
KUALA LUMPUR: Australia and
New Zealand Banking Group Ltd’s
(ANZ) chief has hinted that concerns over controversies surrounding 1Malaysia Development Bhd
(1MDB) do have an indirect impact
on the value of its stake in AMMB
Holdings Bhd.
Besides, he told the media that
ANZ has yet to receive any “formal” offers to buy its 23.78% stake
in AMMB.
ANZ chief executive officer (CEO)
Shayne Elliott was quoted by an
Australian daily The Australian as
saying it was unquestionable that
1MDB’s debt concerns and the Malaysian economy had a broad-based
impact on Malaysian asset valuations. AMMB’s share price was no
exception, he commented.
“Has the 1MDB and the Malaysian economy and all those situations, impacted the AmBank
(AMMB) share price? Unquestionably.”
“It (1MDB) has impacted the valuation of lots of things in Malaysia,
so it will have had an impact. But
it’s not a direct response to that,”
Elliott was quoted by the media as
saying in a press conference on May
3 to release its financial results for
the first half financial year ended
March 31, 2016.
ANZ through ANZ Funds Pty
Ltd is the largest shareholder of
AMMB, holding a 23.78% stake. The
Employees Provident Fund is the
second biggest shareholder with a
15.01% stake, followed by Tan Sri
Elliott: ANZ has yet to receive any ‘formal’
offers to buy its 23.78% stake in AMMB.
Azman Hashim with 12.97%.
Elliott stressed that ANZ has no
exposure to 1MDB. He said there
was “no 1MDB issue” for the ANZ
board to discuss. “We don’t have an
exposure to 1MDB.”
“In terms of our partnership or
the minority investment that we
have in (AmBank’s holding company) AMMB, all of those stakes
get discussed regularly.”
Under a shareholder agreement
ANZ is entitled to appoint up to four
AmBank directors, plus its chief financial officer and chief risk officer,
and be consulted on the appointment of the CEO, according to The
Australian.
Nonetheless, Elliott, who was on
the AmBank board until October last
year, reiterated that ANZ “doesn’t
run that bank”.
“ANZ is not formally party to detailed information around the bank
there and therefore it would not be
appropriate or frankly even poten-
tially legal for our board to be having in-depth information sharing
around specific allegations,” he said.
The Australian reported that ANZ
chief financial officer Graeme Hodges declined to reveal how much money AmBank had loaned to 1MDB.
AmBank hogged the limelight
when news reported that Prime
Minister Datuk Seri Najib Razak
received RM2.6 billion cash through
his personal account in the bank.
Najib explained that the money was
a donation from the Middle East.
Prior to that, Ashok Ramamurthy from ANZ stepped down as the
group managing director of AMMB
in late January 2015. Ashok joined
AmBank group from ANZ in 2007,
first as chief financial officer before
taking on the top position in 2012.
His resignation at the time sparked
rumours that it was over controversial loans that AmBank Group had
extended to 1MDB. However, AmBank group reiterated that Ashok’s
resignation was not related to any
issues with 1MDB. Ashok in March
this year also left ANZ.
On Tuesday, ANZ announced
that it had incurred a A$260 million (RM777.8 million) impairment
on its investment in AMMB during
the first half ended March 31, 2016
(1HFY16).
In its filing with the Australian
Stock Exchange, ANZ explained
that the AMMB impairment was
among reasons for ANZ’s weaker
1HFY16 financials, compared with
a year earlier. During 1HFY16, ANZ
said statutory profit after tax fell to
A$2.74 billion from A$3.51 billion.
Blackstone said in talks to buy
Sime Darby’s Australian assets
SINGAPORE: Blackstone Group
LP is in talks to acquire industrial
property assets in Australia valued
at about A$250 million (RM748 million)from Malaysian palm oil producer Sime Darby Bhd, according
to people familiar with the matter.
The New York-based private equity firm is in discussions to acquire as
many as five industrial buildings in
Australia, the people said, asking not
to be identified because the discussions aren’t public. Blackstone has
also agreed to buy a majority stake
in three of Sime Darby’s property
assets in Singapore valued at about
S$300 million (RM884 million), the
people said.
The conglomerate, Malaysia’s
biggest listed palm oil producer, is
looking to sell its property assets in
Australia and Singapore in its efforts
to pare down debt. Chief executive officer Tan Sri Mohd Bakke Salleh told
reporters at a Feb 24 briefing in Kuala
Lumpur that the company is seeking
to raise RM1.5 billion through sales.
“In Australia, we have 13 properties and in Singapore we have three.
We are looking at disposing of office
buildings and industrial properties
in the two countries,” Mohd Bakke
told reporters in February. The asset
sales and an Islamic bond issuance
will help reduce Sime Darby’s gearing to 54% by the fiscal year ending
June 30 from 61% currently, Mohd
Bakke said at the time.
“We are working on various options including asset monetisation
to help manage the gearing level,” Sime Darby said in an emailed
statement on Tuesday, declining to
comment on any talks with Blackstone. A Blackstone spokeswoman
declined to comment on the talks.
The properties in Australia are the
ones associated with the conglomerate’s industrial unit, Sime Darby Industrial Division, the world’s
third-largest Caterpillar dealer. The
industrial unit has dealerships across
more than 140 branches in 10 countries throughout the Asia-Pacific.
The Singapore sale by Sime Darby was reported last week by The
Business Times. — Bloomberg
NEWS IN BRIEF
TH Heavy says not in talks to sell
assets to MISC
BY S A N G E E T H A
A MA RT H A L IN G A M
KUALA LUMPUR: Both TH Heavy
Engineering Bhd (THHE) and
MISC Bhd yesterday said they are
not in talks over disposal of THHE’s
floating production and fabrication
businesses nor its fabrication yard
in Pulau Indah, Selangor.
In a filing with Bursa Malaysia,
THHE, whose largest shareholder
is Lembaga Tabung Haji, said it
is not in talks with MISC to sell
its floating production, storage
and offloading (FPSO) unit, fabrication business nor the Pulau
Indah yard to the latter.
The loss-making oil and gas
support industry player also confirmed that its application to Malayan Banking Bhd (Maybank) for
financing did not materialise.
“No reasons were provided [by
Maybank]. THHE is still pursuing
its financing efforts in order to deliver the FPSO project,” it added.
MISC also told Bursa that it is
not involved in any ongoing dis-
cussions with THHE to acquire
the latter’s floating production and
fabrication businesses.
Both companies were responding to news reports that MISC was
in talks to acquire THHE. To recap,
THHE had won the FPSO project
worth US$900 million from Japan’s
JX Nippon Oil & Gas Exploration
Corp in May 2014, which was the
group’s first FPSO project. THHE
started fabricating works on the
FPSO topside at its Pulau Indah
yard in September last year, which
was due for completion by the third
quarter of this year.
L a s t m o n t h , T H H E ’s
70%-owned subsidiary THHE Fabricators Sdn Bhd was banned from
participating in future tenders from
Petronas Carigali Bhd for two years
due to performance-related issues
pertaining to the procurement and
construction of a topside for the
Kinabalu project, off Sabah.
MISC shares closed one sen or
0.12% higher at RM8.36 yesterday,
while THHE’s share price ended
the day unchanged at 13.5 sen.
Government mulling free-float
mechanism for oil prices, says Chua
KUALA LUMPUR: The government is mulling the possibility
of replacing the managed float
mechanism with a free-float system to set petrol and diesel retail prices, said Deputy Finance
Minister Datuk Chua Tee Yong.
A free-float system could benefit consumers by introducing
competition among petrol station
operators, although more detailed studies are needed before
a final decision is made, he said.
“The government is studying
the possibility of implementing
a free-float system to replace the
current managed float method,
but it has not been decided whether oil prices will be determined
daily, weekly or fortnightly,” he
told the Dewan Negara yesterday.
He was replying to a supplementary question from Senator
Datuk Mohd Suhaimi Abdullah,
who wanted to know whether the
government would follow the example of some countries in implementing a free-float mechanism
amid the volatile global crude oil
prices. Chua said under the present managed float mechanism,
RON95 petrol and diesel do not
come under the goods and services tax, and their prices are lower
than in neighbouring countries.
Chua said the government
would continue with the managed
float system in operation since
Dec 1, 2014. “Under this mechanism, the retail prices of RON95
petrol and diesel are based on the
average world price of crude oil in
the previous month, so if global
oil prices drop, petrol pump prices of RON95 petrol and diesel in
the country would go down correspondingly, and vice versa,” he
said. — Bernama
AirAsia chops Bali-Kota Kinabalu
route from June 23
BY C H E S T E R TAY
KUALA LUMPUR: AirAsia Bhd
said it is terminating its Bali-Kota
Kinabalu route from June 23 due
to “stagnant market growth”.
“We worked hard to make the
route connecting Kota Kinabalu
and Bali a success, offering continuous low fares in addition to
substantial marketing and advertising initiatives. However, stagnant
market growth has unfortunately
impacted the operation of this route
and revenues are insufficient to
offset the costs,” said AirAsia chief
executive officer Aireen Omar.
She said AirAsia’s operational costs had also increased “quite
substantially” at the Kota Kinablu
International Airport’s Terminal 1.
The budget airline was forced
to move its operations from the
airport’s Terminal 2 to Terminal 1
in December last year.
Aireen stressed that a dedicated
low-cost carrier (LCC) facility in
Kota Kinabalu “is inevitable”.
“It is our ambition to make Kota
Kinabalu into a regional hub where
we can further grow our connectivity and continue to increase our fleet
as we forecast 12 million passenger arrivals and departures in Kota
Kinabalu per annum by year 2021.
“We can do this successfully
with a dedicated LCC terminal in
Kota Kinabalu,” she said.
HOME BUSINESS 5
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
MAA Group selling
its 75% stake
in takaful arm
Proposes to declare an interim special dividend of 35 sen
BY MEENA L A KSHA NA
KUALA LUMPUR: MAA Group Bhd
is selling its 75%-owned subsidiary MAA Takaful Bhd to Zurich
Insurance Co Ltd for RM393.75
million cash.
In a filing with Bursa Malaysia yesterday, MAA Group said
its original costs of investment in
MAA Takaful were RM75 million.
Assuming that the proposed
disposal was completed on Dec
31, 2015, MAA Group expects to
record a pro forma non-recurring gain on disposal of RM289.5
million.
This follows the group receiving
approval from the finance minister, vide Bank Negara Malaysia’s
letter dated April 27, for the proposed disposal.
Solidarity Group Holding BSC,
which holds the remaining 25%
equity interest in MAA Takaful,
will also be disposing of its stake
to Zurich for RM131.25 million.
MAA Group said it and Solidarity had signed an agreement with
Zurich for the proposed disposal
of MAA Takaful for a combined
RM525 million.
MAA Group also said after the
completion of the disposal, the
MAA Group says its original costs of
investment in MAA Takaful were RM75
million.
board is proposing to declare an
interim special dividend of 35 sen
per MAA Group share, amounting
to approximately RM100.8 million, at an entitlement date to be
determined and announced later.
“The total amount under the
proposed special dividend shall
be payable out of the disposal consideration,” it added.
“It is the intention of the board
to maintain the listing status of
MAA Group and to utilise the remaining proceeds of RM196.7 million [after deducting estimated
expenses relating to the proposal
of RM2.5 million] to acquire prospective new businesses and/or
assets within 24 months from the
completion date,” said MAA Group.
However, it said it had not identified any potential investment
opportunities. “The board is still
evaluating options for the optimal
utilisation of the said proceeds inorder to maximise its shareholder
value.”
MAA Group said the proposed
disposal provides an opportunity
for it to unlock and realise the value of its investment at an attractive valuation amid an increasingly competitive insurance and
takaful sector.
“The proposed disposal is timely and [MAA Group] is of the view
that as a stand-alone takaful company without banking business nor
strategic partnership, prospects for
MAA Takaful will be challenging.
“Therefore, the proposed disposal represents a good opportunity for the group to unlock the value
of its investment in MAA Takaful,
as well as for the company going
forward,” said MAA Group.
MAA Group shares closed unchanged at RM1.06 yesterday,
with a market capitalisation of
RM305.16 million.
No plans to revise GDP and fiscal
deficit targets, says Mohd Irwan
KUALA LUMPUR: The government is not planning to revise its gross domestic product
(GDP) and fiscal deficit targets,
although global crude oil prices have stabilised at around
US$45 (RM179.55) per barrel
and above the US$35 mark set
for Budget 2016, said Treasury
Secretary-General Tan Sri Dr
Mohd Irwan Serigar Abdullah.
“It’s still premature. We don’t
know whether the prices will remain this stable. We are watching closely [the movement of oil
prices] and will maintain the GDP
growth target.
“But in terms of the fiscal deficit, we have some space as [with]
higher oil prices, we can undertake more programmes and projects,” Mohd Irwan told a press
conference after launching Malaysia Debt Ventures Bhd’s Elevate programme here yesterday.
Under the recalibrated Budget
Brent crude oil
US$/barrel
50.0
US$45.6
38.5
27.0
Dec 9, 2015
May 4, 2016
2016, the economy is projected to
grow between 4% and 4.5% this
year, based on the assumption of
oil prices ranging between US$30
and US$35 per barrel.
The government also aims to
narrow its fiscal deficit to 3.1% of
GDP, from 3.2% last year.
Mohd Irwan also announced
that Malaysia is spearheading
the establishment of the world’s
first Islamic venture capital in
collaboration with the Islamic
Development Bank (IDB).
Mohd Irwan said a memorandum of understanding
(MoU) is expected to be signed
in Jakarta this month between
Malaysia Venture Capital Management Bhd (MavCap) and
IDB.
“Our team from the finance
ministry and MavCap are currently at IDB’s headquarters in
Jeddah to discuss the final touches to details of the MoU.
“We are looking at an initial
fund size of US$100 million,” he
added.
The fund would be utilised to
finance start-up companies, not
only in Malaysia, but also in the
region and other Islamic countries. — Bernama
MOST VIEWED STORIES ON
theedgemarkets.com
F&N’s 2Q net profit up 28.5%,
pays 27 sen dividend
BY G H O C H E E Y UA N
KUALA LUMPUR: Fraser & Neave
Holdings Bhd’s (F&N) net profit
rose 28.5% to RM90.57 million or
24.7 sen per share in the second
financial quarter ended March
31, 2016 (2QFY16), from RM70.49
million or 19.3 sen per share a year
ago, on higher sales and a better
product mix.
Quarterly revenue was up
6.3% to RM999.17 million, from
RM939.89 million in 2QFY15. F&N
also declared an interim dividend
of 27 sen per share, amounting to
RM99 million, payable on June 15.
For the half-year period ended
March 31, 2016 (1HFY16), its net
profit grew 72.5% to RM242.23
million or 66.2 sen per share,
from RM140.43 million or 38.4
sen per share in 1HFY15. Revenue rose 3.5% to RM2.05 billion,
from RM1.98 billion a year ago.
In a statement yesterday, F&N
said the group underwent an internal organisation to align its
operations and management
structure during the period. Its
operating businesses are now organised according to products
and services, namely Foods and
Beverages Malaysia, Foods and
Beverages Thailand, Property and
Others segments.
Its Foods and Beverages Malaysia segment for 1HFY16 recorded
a 39.5% jump in operating profit to
RM145.9 million, from RM104.6
million in 1HFY15. F&N’s Foods
and Beverages Thailand’s operating profit almost doubled to
RM107.8 million in 1HFY16, from
RM56 million a year ago, lifted
by lower milk-based commodity
prices, lower trade discounting
and favourable baht conversion.
On prospects for the remaining
two quarters, F&N chief executive
officer Lim Yew Hoe expects the
market to continue to see higher trade price competition, and
end-consumer campaigns and
programmes, which will impact
contribution margins.
RAM raises 2016 CPO price forecast,
citing lower output
BY SANGEETHA AMARTHALINGAM
KUALA LUMPUR: RAM Rating
Services Bhd has raised its crude
palm oil (CPO) price forecast for
2016, as it expects a lower output
due to a prolonged period of unfavourable weather conditions.
The lower output, it said, will alleviate inventory woes and thereby
supporting prices.
RAM said the CPO price is
expected to average between
RM2,400 and RM2,600 per tonne in
the second quarter of 2016 (2Q16),
against RM2,300 to RM2,500 expected previously, and ease slightly
to RM2,300 to RM2,500 in the second half of 2016.
“Competition from soyoil as
well as a stronger ringgit could also
weigh on the commodity’s price
appreciation potential,” it said in
a statement yesterday.
RAM said the palm oil market
is expected to remain balanced by
anticipated lacklustre production
growth in 2016. It said exports from
Malaysia went up 10.1% year-onyear (y-o-y) in 1Q16, partly boosted
by CPO exports brought forward
prior to the resumption of the nation’s export duty in April.
Indonesia’s total palm oil exports also expanded by about 11%
y-o-y, the agency said.
Indonesia’s biodiesel blending
programme, it added, had taken off
with the country reportedly collecting US$212 million (RM845.88
million) for the purpose and consumed 732,000 kilolitres of biodiesel in 1Q16.
“Although a wider gap between
the prices of palm oil and gas oil
would compromise the republic’s
blending targets, the expected incremental usage of palm oil in biodiesel blending y-o-y is supportive
of the palm oil market,” said RAM.
Malaysia Airlines picks Amadeus as
new passenger service system
BY CHESTER TAY
KUALA LUMPUR: Malaysia Airlines Bhd is collaborating with
Amadeus IT Group SA to develop
a new passenger service system
(PSS) for the airline.
Its chief executive officer Christoph R Mueller said moving its PSS
to Amadeus will put the national
carrier on the leading edge of airline technology globally.
Solutions by Amadeus include
the Altéa Suite, a system that delivers streamlined passenger service
solutions including inventory, reservations, passenger self-service
check-in, departure control and
e-commerce.
“Malaysia Airlines will be able
to offer travellers enhanced speed
and convenience, a sophisticated
web booking experience, state-ofthe-art mobile applications and
bundled offers to suit individual
needs.
“Passengers can expect a leaner, more agile experience from
booking tickets to pre-purchasing
excess baggage, meals and managing loyalty points, all at the click
of a button,” said Malaysia Airlines
in a statement yesterday.
The airline said the agreement will also ensure that it has
even greater cooperation with its
code-sharing partners and within
the OneWorld alliance.
6 HOME BUSINESS
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Confidence in
China-based firms
sinks further
A filepic of one of the vessels owned by Semua Shipping. R&A entered into a nonbinding term sheet with Semua International to take over its wholly-owned unit Semua
Shipping as part of its regularisation plan.
After two receive ‘possible suspension’ warning from Bursa
BY C H EN SHAUA F UI
KUALA LUMPUR: Investor confidence in China-based companies
listed on Bursa Malaysia appears
to have sunk even lower after two
of the companies received a “possible suspension” warning from
the exchange.
The two companies, Maxwell
International Holdings Bhd and
Multi Sports Holdings Ltd, saw
their share prices drop to an alltime low as investors ditched their
shares.
Maxwell fell 1 sen or 28.57% to
a low of 2 sen, before recovering
to close at 2.5 sen yesterday.
Multi Sports, which fell to an
historic low of 3 sen on Tuesday, managed to recover 0.5 sen
or 16.67% yesterday to close at
3.5 sen.
On Tuesday, Bursa Malaysia
warned sports shoe manufacturer Maxwell and sports shoe
sole maker Multi Sports that if
they fail to submit their annual
reports for the year ended Dec
31, 2015, by May 9, their share
trades will be suspended the
following day.
The latest warning is another
blow to loss-making Maxwell,
which is trying to resolve problems related to its advertising
expenditure audit for the third
quarter ended Sept 30, 2015.
Multi Sports, meanwhile, reported a net loss of RM9.79 million for its third quarter ended
COMPANY
Maxwell International Holdings Bhd
Multi Sports Holdings Ltd
China Stationary Ltd
Xingquan International Sports Holdings Ltd
Sino Hua-An International Bhd
XiDeLang Holdings Ltd
K-Star Sports Ltd
China Automobile Parts Holdings Limited
HB Global Ltd
China Ouhua Winery Holdings Ltd
Sept 30, 2015, after posting a net
loss of RM6.09 million in the second quarter.
The warning issued to the two
companies triggered a selldown of
shares in the other China-based
companies.
Xingquan International Sports
Holdings Ltd dropped 0.5 sen or
1.69% yesterday to close at 29
sen and China Automobile Parts
Holdings Ltd also fell 0.5 sen or
7.69% to 6 sen.
Similarly, K-Star Sports Ltd
has been trading at its all-time
low since March 24, closing at 4.5
sen yesterday, down 0.5 sen or a
10% drop from Tuesday.
It is worth noting that the 10
China-based companies listed
on Bursa Malaysia are trading
below 10 sen, a stark difference
compared with their initial public
YESTERDAY’S
CLOSING
(SEN)
NET CASH
PER SHARE
(SEN)
IPO
PRICE
(RM)
2.5
3.5
9.5
29
3.0
4.5
4.5
6.0
5.0
4.0
92
49
89
126
2.5
11
-4
20
0.09
4.9
0.54
0.85
0.95
1.71
1.00
0.58
2.15
0.68
0.80
0.60
offering (IPO) price of between
54 sen and RM2.15.
Alliance Investment Bank remisier Raymond Foo said the
companies were delaying their
financial statements, facing
problems with their accounts,
or having fallen into Practice
Note 17 status.
“Because of this, the investors have lost confidence in these
companies. I think it is quite risky
now to continue to hold on to
these stocks,” he told The Edge
Financial Daily.
Foo said the share prices of
all these companies had fallen
below their IPO prices for sometime now.
He said he would not be surprised if some of these companies were delisted after failing to
resolve their problems.
R&A to buy shipping
asset from Sumatec
BY A H MA D N AQ IB ID R IS
KUALA LUMPUR: Sumatec Resources Bhd, controlled by businessman
Tan Sri Halim Saad, has again found
a potential buyer — R&A Telecommunication Group Bhd — for its 49%
stake in Semua Shipping Sdn Bhd.
In a filing with Bursa Malaysia yesterday, loss-making R&A
announced that it entered into a
non-binding term sheet with Semua
International Sdn Bhd to take over
its wholly-owned unit Semua Shipping as part of its regularisation plan.
Under the proposed deal, Semua
International will transfer all its
shares in Semua Shipping to a
special purpose vehicle (SPV) to
be collectively held by its existing
shareholders, namely Sumatec and
Ebony Ritz Sdn Bhd, both holding a 49% stake each, and Singapore-listed Hoe Leong Corp Ltd
(2%). Ebony Ritz is 80%-owned
by Hoe Leong and 20%-owned by
Auspicious Journey Sdn Bhd.
R&A shall then enter into a share
purchase agreement to purchase the
SPV for RM150 million. The sum
will be settled by issue of new R&A
shares at 10 sen each. R&A’s share
price closed at one sen yesterday.
In conjunction with the proposed
acquisition, R&A said it will seek an
extension of four months until Sept
4 for the company to submit a regularisation plan to Bursa.
Semua Shipping currently owns
six product tankers with a capacity of
8,000 tonnes each. All these vessels
currently have long-term charters
with Shell Malaysia, said R&A.
Meanwhile, R&A said the proposed acquisition is subject to the
satisfaction of certain conditions,
including a due diligence exercise
on Semua Shipping, as well as the
finalisation of a binding definitive
agreement between the parties.
This is not Sumatec’s first attempt
to dispose of Semua Shipping. Asia
Bioenergy Technologies Bhd last
year entered into a heads of agreement to buy out Semua Shipping
and Semado Maritime Sdn Bhd from
Sumatec and other stakeholders for
RM168 million. However, the deal fell
through after the heads of agreement
entered lapsed in June last year.
R&A said it is in the midst of finalising the appointment of a principal
adviser for the proposed acquisition.
In May last year, R&A triggered
the Guidance Note 3 of the ACE
Market listing requirements of Bursa when its auditors expressed a
disclaimer opinion in the group’s
audited financial statements for
the financial year ended Dec 31,
2014, which was announced on
April 30, 2015.
Economic Census 2016 to look back at a challenging 2015
BY C H UA SU E- A NN
KUALA LUMPUR: The Department of Statistics Malaysia
(DOSM) yesterday launched the
Economic Census 2016 exercise to
gather vital data on the economy
that was in 2015 weighed down
by softer domestic demand and
macroeconomic uncertainties.
The census aims to collect
comprehensive data on the profile
and structure of Malaysia’s economy and business activities. The
Economic Census is a five-yearly
affair, with the previous one conducted in 2011 for reference year
2010. The first Economic Census
was conducted in 2001.
In reading chief statistician
Datuk Abdul Rahman Hasan’s
speech, deputy chief statistician
(economic programme) Ismail
Yusoff said the Economic Census
2016 will collect data on factors
that contribute to the changing
national economic landscape and
complex economic environment.
This includes the enactment of
the goods and services tax from
April 1, 2015, the establishment
of the Asean Economic Community last year, Digital Malaysia
initiatives and e-commerce, as
well as Malaysia’s inclusion in
the Trans-Pacific Partnership
agreement.
Ismail added that based on early estimates, Malaysia needed to
hit 6% growth per year to achieve
its goals of being a developed and
high-income nation by 2020.
“From 2011 to 2015, despite a
challenging economic climate,
we managed to achieve average
growth rates of 5.3% per annum.
Nevertheless, in 2016, the Malaysian economy is expected to grow
at a rate of 4% to 4.5%.
“This is based on global economic growth uncertainties that
can impact our economy due to
the open nature of the Malaysian
economy and increasing integration of international financial
systems,” Ismail said.
Last year, the Malaysian economy was affected by a softer ringgit
against major currencies, weak
consumer sentiment, China’s
slowing demand for exports and
lacklustre growth in many parts
of the global economy.
The current Economic Census is also expected to record
the impact of the government’s
Economic Transformation Programme (ETP), which hopes to
push Malaysia towards a developed and high-income nation
status by 2020.
The previous Economic Census
exercise would not have gathered
data during the ETP period as the
transformation policies were only
launched on Sept 25, 2010.
For this round, the DOSM
had in April begun sending out
questionnaires in stages to over
700,000 registered entrepreneurs,
companies and businesses, of
which 75.2% are in the services
sector. The exercise will also cover those in the following sectors:
construction (10.9%), manufacturing (10.6%), agriculture (2.8%)
and, mining and quarrying (0.5%).
The DOSM had in February
sent out census forms for businesses and entrepreneurs in the
agriculture and agro-food industries.
Respondents include businesses registered with the Companies
Commission of Malaysia and professional bodies, but excludethose
in distributive trade such as retailers, wholesalers and government
sub-sectors.
The set of 200 questions is primarily distributed via mail, with
email questionnaires available
on request. Businesses have a
30-day period to respond to the
questions, failing which DOSM
officers will drop in for a visit.
Establishments operating in
Malaysia are required by law to
provide actual information or best
estimates to the DOSM.
In a briefing, DOSM’s Yazid
Kasim said data derived from
the Economic Census can help
identify new sources of economic
growth, inform economic policies
and programmes, and assess the
implementation of national development policies such as the 11th
Malaysia Plan, SME Master Plan
and Services Sector Blueprint.
HOME BUSINESS 7
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
Target price on
Hartalega cut again
In view of stiff competition and higher operating costs
BY GHO C H EE Y UA N
KUALA LUMPUR: Analysts have
slashed Hartalega Holdings Bhd’s
target price (TP) for the second time
in three months, despite the world’s
largest synthetic glove manufacturer posting a 23% increase in net
profit for the financial year ended
March 31, 2016 (FY16).
Although analysts remain optimistic about the company, they fear
that its near-term earnings may not
be interesting as most of the good
news have been priced in.
They have slashed Hartalega’s
earnings forecasts for FY17 and FY18
by between 6% and 23%, after taking into account the lower margins
arising from intensified competition
and higher operating costs.
The TP cut by analysts ranges
between 65 sen and RM1.02.
The share price of Hartalega
surged to a one-year high of RM6.07
on Jan 8, from a low of RM3.79 on
May 13 last year.
But the rebound in the ringgit
against the US dollar since the beginning of the year, coupled with a lack
of near-term catalysts, did not bode
well for Hartalega. Year to date, it has
declined by RM1.84 or nearly 31%,
underperforming the FBM KLCI,
which fell 2.06% during the period.
Investors also reacted negatively
to the positive earnings news flow,
resulting in Hartalega shares falling
to RM4.10 yesterday, after touching
an eight-month low of RM4.02 earlier in the day. A total of 4.87 million shares changed hands during
the day. At RM4.10, it has a market
value of RM6.73 billion.
The latest closing price is still
Hartalega Holdings Bhd
Vol (mil)
50
RM
7.0
40
6.2
30
5.4
20
4.6
RM4.10
10
3.8
3.0
0
April 10, 2015
May 4, 2016
at a discount of 29 sen or 6.6% to
consensus target price of RM4.39,
according to Bloomberg data.
“Hartalega is facing intensifying
competition as other glove makers
are crowding into the nitrile glove
segment. The lucrative margins
currently enjoyed by Hartalega may
not be sustainable going forward,”
AllianceDBS Research said in a note
to clients yesterday.
“In view of Hartalega’s aggressive
expansion plan, the group could
face difficulties in securing buyers
for its additional output. This could
pressure its utilisation rates going
forward,” the firm added.
Meanwhile, MIDF Research has
revised down its FY17 earnings
forecast by 11% to RM281.2 million,
from RM316 million previously, due
to expected higher operating costs,
slower commissioning of Hartalega’s Plants 3 and 4, and lower expected average selling prices (ASPs)
due to intensifying competition.
“Post FY16 earnings announce-
ment, we are maintaining our ‘neutral’ recommendation on Hartalega
with a revised TP of RM4.56, from
RM5.58 per share, after we roll forward our valuation to FY18.
“Our TP is derived from pegging
our FY18 earnings per share of 17.5
sen to a price-earnings ratio (PER)
of 26 times, which is its three-year
average PER,” it added.
PublicInvest Research described
Hartalega’s full-year results as disappointing, noting that it made up
only 92.9% and 94.3% of its and
consensus earnings estimates respectively.
“We maintain our ‘neutral’ call
on Hartalega, but with a lower TP
of RM4.49, from RM5.44 previously,
with [the] assumption of a higher
risk premium in view of competitive
pressures increasingly impacting
its ASP[s], while operational costs
also start to creep up,” it said.
PublicInvest has also lowered its
FY17 to FY19 earnings forecasts by
14.2% to 23% to account for changes
in its line commissioning timeline.
It noted that Hartalega’s Plant 1
and Plant 2 of its Next Generation
Integrated Glove Manufacturing
Complex had already been fully
operational since February 2016.
“Construction of Plant 3 and
Plant 4 with their supporting facilities has begun since 2Q15 (second
quarter of 2015), and was expected
to be completed by May 2016. To
install new automation into its upcoming production lines, however,
[the] construction of Plant 3 and
Plant 4 has been delayed by two
to three months, now estimated
to commence progressively from
September 2016,” it added.
Concern about FGV’s
earnings remains
BY Y IMIE YO N G
KUALA LUMPUR: Felda Global Ventures Holdings Bhd’s (FGV) move
to withdraw its Roundtable for Sustainable Palm Oil (RSPO) principles
and criteria certificates at its 58 palm
oil mills nationwide has not sent its
share price into a downward spiral.
However, analysts do not see much
upside potential in FGV shares in
the near term as concern about its
earnings performance remains.
FGV’s share price fell barely two
sen to close at RM1.44 yesterday,
after the company confirmed that it
had decided to withdraw its RSPO
principles and criteria certificates
from Tuesday.
The mild impact on its share
price was mainly due to the fact
that FGV’s exposure to the European market is limited. Nonetheless,
the withdraw may, to some extent,
affect FGV’s reputation in the international arena.
“FGV is not so big in downstream
in Europe. The direct exposure to
Europe is not as significant as IOI
Corp Bhd. It does not have facilities
in Europe,” said CIMB Investment
Bank Research analyst Ivy Ng.
FGV’s annual report shows that
the plantation giant’s revenue exposure to the European market
was about RM347 million, which
was about 2% of its total revenue
of RM15.56 billion.
In her note on Tuesday, she said
the surprise move is negative for
FGV as the group will no longer
be able to sell RSPO-certified sustainable palm oil to its customers,
which could result in lower selling
prices achieved for its crude palm
oil as the group will no longer be
able to command a Certified Sustainable Palm Oil (CSPO) premium
for its palm products.
“The withdrawal could dent the
group’s reputation and image as
a sustainable palm oil producer.
It could also lead to potential loss
of customers, who are looking for
sustainable palm oil products,”
she explained.
“We estimate the CSPO premium value of its palm oil to be
around RM30 million to RM40 million. Based on this, the dent in our
net profit [forecasts] works out to be
approximately 6% for [the] financial
year ending Dec 31, 2016 (FY16),
and 7% for FY17,” she added.
Ng noted that the concern is about
how would FGV perform financially.
Ng noticed that in the first quarter ended March 31, 2016, the group
posted a 16% decline year-on-year
in fresh fruit bunch output from its
plantations. This was significantly
poorer than the achievement of
the Malaysian palm oil industry,
according to her.
CIMB maintained its “reduce”
call on FGV due to concern over
FGV’s poor earnings, with an unchanged target price (TP) of RM1.49.
Meanwhile, MIDF Research analyst Alan Lim said the negative
news should be neutralised by FGV
returning to profitability this year.
“Despite the lower earnings forecasts due to this news, FGV is still
expected to return to profitability in
FY16,” he wrote in his note yesterday.
He cut FY16 and FY17 earnings
estimates by 10% and 13% respectively to RM161.6 million and RM163.5
million to reflect the loss of CSPO
premium against normal palm oil.
He said key reasons for the turnaround are a better average crude
palm oil price of RM2,450 per tonne,
and that its trading, manufacturing
and logistics division should return
to slight profitability this year.
MIDF Research maintained “neutral” on FGV, with a TP of RM1.33.
AmInvestment Bank, which pegs
the fair value of FGV at RM1.33,
said it estimated the loss of RSPO
premium for FGV until year end to
be at RM23 million.
“FGV said that the withdrawal
would affect less than 1% of group
revenue. In addition, Europe is not
a large market for FGV,” it added.
DiGi’s priority to lure more subscribers
BY C H ESTER TAY
SHAH ALAM: Telecommunication
firms have to be nimble and flexible to grow their subscriber base,
the lifeblood of telcos, in the face
of fierce competition from rivals
and demanding customers.
The priority of DiGi.Com Bhd
(DiGi) — whose blended subscriber
base has ballooned to 12.34 million,
exceeding its rival Maxis Bhd that
served 10.89 million users as at
March 31, 2016 — now is to offer
flexible products for customers to
spend according to their needs.
“Focusing on what customers
need is our priority; we believe
everything else comes after that,”
head of postpaid and digital services Praveen Rajan told the media
at the launch of DiGi’s postpaid
Internet-sharing feature.
However, DiGi’s blended average revenue per user (Arpu) has
fallen to RM42 for the first financial
DiGi’s subscriber base VS Arpu
Subscribers (mil)
Arpu (RM)
12.4
12.34 47
12.2
46
45
45
12.0
11.8
45
44
11.82
11.69
46
12.13
44
11.68
43
11.6
42
11.4
11.2
42
41
1Q
2Q
3Q
FY15
4Q
1Q
FY16
40
quarter ended March 31, 2016, 8.7%
lower than RM46 in the previous
corresponding quarter.
In comparison, Maxis’ blended Arpu for the same quarter was
RM55, which was a slight increase
of 3.77% from RM53 a year ago.
DiGi chief marketing officer Loh
Keh Jiat said this was because DiGi
had always wanted to provide a
lower entry point for customers.
“At DiGi, we always want to be
easy for customers to start, and
once they are in, [the] Arpu will
all depend on their usage pattern,”
he said.
Loh is of the view that pricing
DiGi’s products on the high side
in the first place would eventually
drive customers away.
“Customers are much smarter today. Month after month, if
they [have] committed [to a certain
amount], but do not use up their
quota, they will leave,” he said.
Therefore, he said, DiGi introduced its Internet-sharing feature
yesterday, which allows customers
to customise the allocation of their
Internet quota among a principle
line and up to six of its supplementary lines.
Digi isn’t the first to offer Inter-
Praveen (left) and Loh at the launch of DiGi’s postpaid Internet-sharing feature
yesterday. Photo by Sam Fong
net-sharing feature. Maxis introduced a similar feature last month.
As at market close yesterday,
DiGi, which is 49% owned by Norwegian Telenor Group, saw its share
price drop one sen to RM4.39, valuing it at RM34.21 billion. Meanwhile, Maxis’ share price gained one
sen to RM5.55, giving it a market
capitalisation of RM41.98 billion.
8 P R O P E RT Y S NA P S H
T
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
FREE
transaction
data
latest
classified
listings
news
trend
analysis
and more
analytics
Source: TheEdgeProperty.com
What’s hot in Kelana Jaya?
• Today, we look at price growth and indicative asking rental yields for non-landed
homes in Kelana Jaya. From analysis of transactions by TheEdgeProperty.com,
the average transacted price for non-landed homes in the secondary market had
remained stable at RM431 psf in 1Q2015.
• Growth in average prices was more significant among the more affordable
properties. The top performer by relative average price growth was Kelana
Impian, with prices up 21.8% to reach RM341 psf in the 12 months to 1Q2015.
This was followed closely by the adjacent Pangsapuri PKNS SS3, with prices up
16.1%. Demand for these properties are likely buoyed by their proximity to the
Sungai Way Free Trade Industrial Zone, located just across the DamansaraPuchong Expressway.
• Average prices have also grown significantly at Dataran Prima Condominium,
appreciating 13.6% to reach RM466 psf. This project will benefit from the new
LRT3 Line (Bandar Utama–Klang Line). The upcoming Dataran Prima LRT
station will be located just opposite the New Klang Valley Expressway.
• The highest rental rates can be found among properties located within the
vicinity of Paradigm Mall. Similarly, these properties also appear to generate the
highest annual indicative yields.
• These properties are set to benefit further from the Kelana Jaya LRT extension
and the new LRT3 Line. Both Suria Damansara condominium and Kelana
Idaman will be located within walking distance from the upcoming Ara
Damansara LRT station. Meanwhile, the Glenmarie station will be located
closest to Shang Villa condominium, while the Persada PLUS station will be
located close to the cluster of condominiums behind Paradigm Mall, though
access is hampered by the NKVE-Subang toll plaza.
Kelana Jaya top 5 condominiums/apartments
by average price annual growth
Source: TheEdgeProperty.com
Top 5 condominiums/apartments in Kelana Jaya 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.
Tenants rule
as Singapore
rentals drop
BY POOJA THAKUR
SINGAPORE: Rentals across the
city-state’s home, office and retail
properties dropped in the quarter
ended March as an oversupply and
weak demand dragged down prices sought by landlords. Singapore’s
home rental index dropped 1.3% in
the three months ended March 31
from the previous quarter, data last
Friday from the Urban Redevelopment Authority showed. Office rentals slid at a faster pace, falling 2.1%,
while retail rentals declined 1.9%.
Rents have been declining across
market segments. For homes, they
dropped as Singapore’s property
market cooled after climbing to a
record in 2013. Adding to the price
decline, a large number of apartments are set to be completed in the
next two years, and fewer expatriates are coming to live in Singapore
due to controls on immigration.
Office rents may decline as much
as 25% in a prolonged slump that may
last until the end of 2018 as demand
slows, Daiwa Securities Co said last
month. Daiwa joins other analysts
in forecasting declines for the office
sector as the outlook for global economic growth remains cloudy and
a large supply outstrips demand for
prime space. — Bloomberg
London luxury hotels in worst
year since 2009 on terrorism risk
MOST READ ON
TheEdgeProperty.com
BY DALIA FAHMY
BERLIN: Jitters about everything
from the risk of terrorism to Britain’s membership of the European
Union (EU) are battering London
luxury hotels as the world’s wealthiest travellers stay away.
The city’s priciest hotels were
only 65% occupied in the three
months through March, according to data provider STR. That was
the lowest for a first quarter since
a global recession roiled the market in 2009 and down from 70% a
year earlier. London’s top hotels
include the Savoy and the recently
reopened Lanesborough, where the
Royal Suite with a complementary
chauffeured Rolls-Royce costs about
£25,000 (RM144,840) per night.
While demand for cheaper accommodation is falling too, luxury hotels are hardest hit because
wealthy travellers and corporate
clients are proving more sensitive
to the political turmoil. The terrorist attacks in Brussels and Paris,
the risk that the United Kingdom
may vote to leave the EU and an
economic slump in Russia have all
contributed to the market’s deterioration, along with the uncertain
Two high-end
Singapore homes sold
at over S$1m loss
A view of the recently reopened Lanesborough in London. Risk of terrorism to Britain’s
membership of the EU is keeping the world’s wealthiest travellers away.
outcome of the US election.
“A lot of source markets are under pressure due to issues outside
of London hoteliers’ control,” said
Andreas Scriven, a hotel consultant at Christie & Co. More wealthy
Russians are vacationing at home
and Americans travel less during
election years, he said.
Bob van den Oord, managing
director at the Langham hotel in
Regent Street, attributes its weaker-than-expected performance
to security concerns in Europe.
“There’s anxiety out there about
terrorism,” he said. Rooms at the
hotel start at £300 per night.
Uncertainty ahead of the UK
referendum on June 23 is causing
business travellers to postpone investments, according to Russell
Kett, chairman of hotel consultancy
HVS’ London office.
The drop in occupancy is hurting
luxury hotels’ income, pushing revenue per available room down by 6.5%
to the lowest for a first quarter in three
years, according to STR. However,
average daily room rates have held
up because hoteliers would rather
lose business than start a downward
pricing spiral. — Bloomberg
Sime Darby
Property celebrates
Subang Jaya’s 40th
anniversary
Johawaki
Development to
launch Avanti
Residences on May 7
999-year leasehold
condo in Bukit Timah
going for S$900 psf
LBS Bina expects
sales cancellation
rate of 30% this year
10 ST O C KS W I T H M O M E N T U M
www.theedgemarkets.com
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and first appeared at www.theedgemarkets.com.
Please exercise your own judgement or seek professional advice for your specific investment needs. We are not responsible for your investment decisions.
Our shareholders, directors and employees may have positions in any of the stocks mentioned.
KULIM (M) BHD (-ve)
KULIM (M) Bhd (fundamental: 2.60/3, valuation: 1.50/3), which has received the greenlight
from shareholders for the delisting of the company from Bursa Malaysia, triggered our momentum algorithm for the first time this year.
The counter closed three sen or 0.76% higher at RM4 yesterday. It saw 10.01 million shares
traded, compared with the 200-day average
volume of 1.31 million shares.
Kulim’s shareholders in an extraordinary
KULIM (M) BHD
B R O K E R S’ C A L L
general meeting on Tuesday voted in favour
of its controlling shareholder Johor Corp’s
proposed selective capital reduction and repayment exercise to facilitate the privatisation
of the company.
The delisting exercise is expected to be
completed by the third quarter of 2016.
Entitled shareholders are expected to receive an estimated capital repayment of RM2.2
billion in cash or RM4.10 per Kulim share.
Valuation score*
1.50
2.60
Fundamental score**
3.61
TTM P/E (x)
0.00
TTM PEG (x)
1.07
P/NAV (x)
TTM Dividend yield (%)
5,089.35
Market capitalisation (mil)
Shares outstanding (ex-treasury) mil 1,281.95
0.49
Beta
2.46-3.99
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
M3 TECHNOLOGIES (ASIA) BHD (+ve)
M3 Technologies (Asia) Bhd (fundamental: 2.55/3, valuation: 0.30/3) triggered our
momentum algorithm again, the fifth time
this month, after the counter saw 5.2 million
shares changing hands, compared with the
200-day average volume of 771,070 shares.
The counter closed one sen or 5.26% higher at 20 sen yesterday, after paring down
gains from its intraday high of 21 sen.
The group announced to Bursa MaM3 TECHNOLOGIES (ASIA)BHD
laysia last week that it had rolled out and
offered several Internet-related products
in six foreign countries, including Singapore, Indonesia, Thailand, Pakistan, Dubai and China.
The company is a mobile value-added
services provider. It is involved in the delivery and settlement of mobile messaging
and data services. It is connected to more
than 175 mobile operators around the world.
Valuation score*
0.30
1.55
Fundamental score**
TTM P/E (x)
TTM PEG (x)
1.37
P/NAV (x)
TTM Dividend yield (%)
37.00
Market capitalisation (mil)
194.76
Shares outstanding (ex-treasury) mil
0.69
Beta
0.11-0.19
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
SUPERCOMNET TECHNOLOGIES BHD (+ve)
SUPERCOMNET Technologies Bhd (fundamental: 2.05/3, valuation: 1.70/3) triggered
our momentum algorithm for the first time
this year, following trades of 2.71 million
shares yesterday, compared with the 200day average volume of 449,365 shares.
The counter closed one sen or 8% higher
at 13.5 sen, the highest point yesterday. The
closing price was close to its 52-week high
of 14.5 sen on May 11, 2015.
According to Bursa Malaysia, the group
on April 29 announced a single-tier final dividend of four sen per share for the financial
SUPERCOMNET TECHNOLOGIES BHD
year ended Dec 31, 2015 (FY15), to be paid
on June 9 this year.
For FY15, the group recorded a total revenue of RM34.9 million compared with the
preceding year’s RM33.53 million. Its net
profit surged 284% to RM2.98 million, from
RM777,000 a year ago.
The Kedah-based company manufactures
wires and cables for the automotive industries. The bulk of its earnings comes from
its associate, Supercomal Medical Products, which manufactures cables for medical devices.
Valuation score*
1.70
2.05
Fundamental score**
10.18
TTM P/E (x)
0.03
TTM PEG (x)
0.74
P/NAV (x)
TTM Dividend yield (%)
30.38
Market capitalisation (mil)
Shares outstanding (ex-treasury) mil 243.00
1.39
Beta
0.09-0.14
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
Press Metal’s Samalaju
Phase III smelter to
operate soon
Press Metal Bhd
(May 4, RM3.07)
Maintain buy with a higher target price (TP)
of RM4.50: Press Metal Bhd’s Phase III smelter
in Samalaju is at the tail-end of ramping up
and is expected to be fully commissioned in
the next few weeks. Phase II of its Samalaju
smelter also returned to normal operations
in late November 2015 after six months of
repair due to a fire, while the Mukah smelter
(Phase I) continues its regular production.
We expect its aluminium smelting capacity
to rise to 760,000 tonnes per annum or 1.5%
of global primary aluminium production,
and sales tonnage to surge 65.7% and 11.8%
year-on-year (y-o-y) in financial year 2016
(FY16) and FY17 respectively. Its aluminium
smelters in Sarawak represent a successful
low-cost model currently in the first quartile
of the global production cost curve.
The strengthening of aluminium prices and
the ringgit-US dollar exchange prompted us to
raise our FY16 to FY18 earnings estimates by
3.3% to 15.5% respectively. Key risks include
further downward pressure on aluminium
prices and a sharp weakening of the US dollar
that may hurt its profitability. In addition, an
unexpected power supply interruption at its
smelting plant may damage machinery and
disrupt its operations.
Aluminium cash prices have been hovering above US$1,600 (RM6,384) per tonne
for the past two weeks, which prompted us
to revisit our aluminium price assumption.
We have revised up the London Metal Exchange (LME) aluminium spot price to the
average of US$1,600 and US$1,650 a tonne
in FY16F (forecast) and FY17F respectively
(from US$1,525 and US$1,548 respectively),
with a 1.5% per annum increase expected
from FY18F onwards. Still, we remain prudent and continue to project the physical
premium paid on top of the LME’s cash price
for the standard aluminium ingot (P1020) to
stay flat at US$100 per tonne.
We believe our latest all-in aluminium
price assumption is conservative versus its
long-term price movement. The nominal allin aluminium price fell below this level for
short periods post the global financial crisis
in 2008 and 2009, the 1997 Asian financial
crisis, and the recession in the early 2000s.
Furthermore, this is also the lowest level in real terms on a 3% inflation-adjusted
basis. In addition, we noted that the recent
strengthening of the ringgit-US dollar exchange is mildly negative to Press Metal’s
profitability. Our latest house assumptions
on the ringgit-US dollar exchange are 4.00,
3.80, 3.70 for FY16, FY17, FY18 respectively
(from 4.20, 4.10, and 4).
Despite our prudent assumption revisions, our latest projection shows that Press
Metal is capable of recording RM411 million in core net profit in FY16 (from RM383
million).
With the Samalaju smelter (Phase III) set
to resume full operations by mid-May 2016,
we project a profit of RM100 million in the
second quarter (2Q) with an average all-in aluminium price of US$1,700 a tonne. Earnings
are set to improve further to RM125 million in
3Q and RM130 million in 4Q when all plants
start to run at full capacity and the all-in aluminium price escalates to US$1,745 a tonne
in the second half. We project Press Metal’s
FY17 profit to reach RM534 million (from
RM479 million), with the all-in aluminium
price expected to average US$1,750 a tonne.
— RHB Research Institute, May 4
Kimlun’s total order book
estimated at RM2b
Kimlun Corp Bhd
(May 4, RM1.79)
Maintain “buy” with an unchanged target price (TP) of RM2.23: Kimlun Corp
Bhd announced that it had been awarded
a RM165.8 million contract from Hillcrest
Gardens to build five blocks of affordable
apartments in Mukim Petaling under the
Rumah Selangorku housing scheme. The
works are expected to be completed by
April 2019. With this recent contract, we
estimate Kimlun’s year-to-date (YTD) job
wins to stand at RM1.1 billion.
Despite being in the early days of May,
its YTD job wins have already surpassed the
full-year sum of RM830 million achieved
last year. At the rate things are going, we
reckon it is likely that job wins will surpass
its previous high of RM1.2 billion achieved
in financial year 2013 (FY13).
We estimate Kimlun’s total order book
(construction and manufacturing) to now
stand at RM2 billion. This translates into a
cover ratio of 1.9 times FY15’s group revenue, which we regard as relatively healthy,
considering the fast turnaround nature
of Kimlun’s jobs. Its management shared
that the slowdown in Iskandar, Johor, has
impacted high-rise buildings the hardest.
To counter this, Kimlun is tapping other
segments such as affordable housing, factories and industrial buildings.
It has also started tendering more aggressively within the infra space as well as
outside of its usual Johor market. This recent contract win, which involves affordable housing in Selangor, verifies Kimlun’s
management’s efforts to tap other avenues
for jobs had paid off.
The risk faced by Kimlun is Iskandar
Malaysia’s slowdown hampering new job
wins for the construction division. As YTD
job wins of RM1.1 billion are still within
our full-year assumption of RM1.45 billion
(construction:RM1.2 billion and manufacturing:RM250 million), we maintain our
earnings forecast.
We maintain our “buy” rating with a
TP of RM2.23. Kimlun has managed to
successfully reduce its dependency on
the Iskandar Malaysia property market as
evidenced by its robust job flows. It is also
a prime beneficiary of the second line of
mass rapid transit roll-out via the supply
of segmental box girders and tunnel lining
segment. Our TP of RM2.23 is based on an
unchanged 11 times price-earnings ratio
(mean: 10.7 times) pegged to FY16 earnings. — Hong Leong Investment Bank Research, May 4
12 B R O K E R S’ C A L L
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Hartalega to
slow down
expansion rate
Hartalega Holdings Bhd
(May 4, RM4.10)
Downgrade to sell with a lower target price (TP) of RM3.90: Hartalega Holdings Bhd reported financial
year 2016 (FY16) core net profit of
RM256.3 million, up 22.4% year-onyear (y-o-y). This was below our and
consensus estimates of 93.2% and
93.9% respectively. We attribute the
deviation to the group’s inability to
raise average selling prices (ASPs) in
the immediate term to buffer against
the recent turnaround in the US dollar-ringgit exchange, competitive
sales pricing and rising input costs
in the fourth quarter (4QFY16).
Compared with FY15, revenue
and adjusted profit before tax (PBT)
respectively increased 30.7% y-o-y to
RM1,498.3 million and 14.3% y-o-y
to RM316.1 million. Overall growth
was essentially driven by contributions from plants 1 and 2 of the next
generation integrated glove manufacturing complex (NGC) with sales
volume increasing 25.7%. Meanwhile, average plant utilisation remained healthy at 81%, albeit lower
against FY15’s 88%. The lower usage
was due to a shortage of sales personnel, which the group recently
resolved through new recruitment.
Sequentially, performance
was dismal. Despite sales volume
growing +9.1% quarter-on-quarter
(q-o-q), Hartalega’s revenue grew
marginally by 0.6% q-o-q to RM400.4
million and adjusted PBT plunged
41.6% q-o-q to RM52.5 million. This
was primarily due to: (1) the weakening of the US dollar against the
ringgit; (2) more competitive sales
pricing (nitrile glove ASPs in US dollars were reduced 17.3% q-o-q); and
(3) rising operating costs (natural
gas hike, maintenance costs, depreciation and overheads). Accordingly, adjusted PBT margins declined
sharply by 9.5 percentage points
(ppts) to 13.1%.
Separately, the group declared a
third interim dividend of two sen a
share. This brings FY16 dividends to
six sen a share and implies a payout
Ho Hup’s year-to-date job
wins reach RM86.9m
Hartalega Holdings Bhd
FYE MAR 31 (RM MIL)
Revenue
Ebitda
Depreciation
& amortisation
Net finance cost
PBT
Taxation
MI
Net profit
Core net profit
EPS (sen)
EPS growth (%)
PER (x)
DPS (sen)
Dividend yield (%)
2015
2016
2017F
2018F
2019F
1,146.0
322.8
1,498.3
388.0
1,816.9
437.6
2,160.0
526.3
2,535.9
622.5
-45.9
0.0
276.9
-66.7
-0.5
209.7
209.7
12.8
13.0
32.4
13.0
3.1
-70.6
0.0
317.4
-59.4
-0.4
257.6
257.6
15.7
7.5
26.4
7.5
1.8
-89.5
-0.3
347.9
-55.7
-0.1
292.2
292.2
17.8
8.0
23.3
8.0
1.9
-104.2
-1.7
420.4
-67.3
-0.1
353.1
353.1
21.5
9.7
19.2
9.7
2.3
-117.8
-2.9
501.8
-80.3
-0.1
421.4
421.4
25.7
11.6
16.1
11.6
2.8
Source: TA Securities
ratio of 38.5%. We made the following
changes to our estimates: (1) revising
our FY17 and FY18 US dollar-ringgit
assumptions to reflect our latest inhouse estimates of RM4.05 per US
dollar; (2) increasing our ASPs by
2%-3% to account for the effects of
the cost-pass-through mechanism;
and (3) lowering our FY17 and FY18
capacity assumptions by 9.8% and
11.5% respectively to account for
delays in the NGC’s expansion.
All in, these would change our
earnings estimates for FY17 and
FY18 by 16.3% and 15.9% lower respectively to RM292.2 million and
RM353.1 million. We also introduce FY19F (forecast) earnings of
RM421.4 million.
The poor performance in
4QFY16 not only reflected the
group’s susceptibility to the time
lag associated with the cost-passthrough mechanism, which was
amplified by the turnaround in
the US dollar-ringgit exchange,
but also intensifying competition
within the nitrile glove segment.
Notwithstanding this, Hartalega’s
management guided that ASPs will
be revised upwards in subsequent
quarters. Note, however, that in
Ho Hup Construction Co Bhd
(May 4, 85.5 sen)
Maintain buy with a lower target price (TP) of RM1.20: Ho
Hup Construction Co Bhd has
won its second construction job
for the year, bringing its year-todate (YTD) job wins to RM86.9
million. Maintain buy with a revised sum-of-parts (SOP)-derived
TP of RM1.20 (from RM1.22), as
we update our numbers to incorporate the audited financial year
2015 (FY15) figures and the recent
construction job wins. We expect
its construction arm to gain further traction in the second half of
the year, underpinned by a strong
pipeline of local jobs.
Ho Hup was awarded a subcontract by Menuju Asas Sdn Bhd
to undertake all temporary and
miscellaneous works, which include piling, substructure and
superstructure works related to
bridges for part of the West Coast
Expressway. The contract, worth
an estimated RM58 million, is expected to last two years and will
commence on May 9. This is within our new order book assumption
of RM200 million. The company
has been quite aggressive in tendering for new construction projects locally since its projects in
Iraq were suspended. As of endMarch, its tender book is estimated at around RM4 billion.
Its multiple proposals for the
rights issue of ordinary and redeemable preference shares plus
free detachable new warrants
are now subject to shareholders’ approval in the upcoming
expectations for sustained growth
of nitrile glove capacity within the
industry, we believe that a recovery
in the group’s near-term margins
would not be substantial.
Drawing on the intensifying competition within the industry, the
group will also be slowing down its
pace of expansion. We understand
that the commissioning of plants 3
and 4 of the NGC will now be pushed
from July 2016 to end-2016 and lines
will be commissioned at a slower Ho Hup Construction Company Bhd
rate of two lines every 1.5 months,
instead of two lines every month.
2014
FYE DEC (RM MIL)
Rolling forward our base valua- Total turnover
341
tion year to 2017, we reduce our TP Reported net profit
65.8
for Hartalega to RM3.90 a share from
65.8
RM5.05 per share. This is based on Recurring net profit
Recurring
net
profit
a revised price-earnings ratio (PER)
192.2
of 19 times (previously 25 times) growth (%)
(RM)
0.21
Recurring
EPS
and 2017 earnings per share of 20.6
3.98
sen. The downward revision in our Recurring PER (x)
PER (one times below the group’s P/BV (x)
2.14
five-year forward PER of 20 times) P/CF (x)
na
is premised on its softer near-term EV/Ebitda (x)
3.53
margins and the slowdown in the
64.7
group’s expansion plans. It is cur- ROAE (%)
(%)
20.8
Net
debt
to
equity
rently trading at a forward PER of
22.9 times. We downgrade our rec- Our vs consensus
ommendation to “sell”. — TA Secu- EPS (adjusted) (%)
Source: Company data, RHB
rities, May 4
extraordinary general meeting on
May 23. Based on an indicative
issue price of 80 sen, the initial
proceeds from the rights issues
should raise about RM111.5 million to RM136.2 million — largely
to be used for the group’s debt
repayment and working capital
requirements. We expect this exercise to enhance its capital structure as it actively expands. The
proposed exercises, if approved,
are expected to be completed in
the third quarter.
With respect to a petition filed
by Ho Hup against its former project director for loss and damage of US$2.5 million (RM9.97
million), the Federal Court has
dismissed the defendant’s leave
application. As such, the defendant is to pay the company US$2.5
million together with a total cost
of RM70,000.
We update our figures following the release of its 2015
annual report for housekeeping
purposes. We also tweak our
earnings forecasts for FY16-FY18
(by -0.8% to -1.2%) by fine-tuning the timeline and margin assumption for the new construction order book.
Our SOP-derived TP has been
revised to RM1.20 following our
updates. Our TP is diluted to
RM1.04 under the maximum scenario of its proposed rights issue
plus free detachable new warrants. We think that the fully diluted TP, which offers a potential
23.8% upside at the current share
price, remains attractive. — RHB
Research Institute, May 4
2015
2016F
2017F
2018F
299
70.9
70.9
401
83.1
83.1
481
94.8
94.8
535
90.9
90.9
7.9
0.20
4.11
1.28
na
4.44
40.5
43.4
17.2
0.22
3.78
1.01
na
4.28
30.8
46.5
14.0
0.25
3.32
0.77
14.2
3.69
26.4
36.9
(4.0)
0.24
3.46
0.63
6.5
3.59
20.1
25.9
-
(11.2)
(18.4)
0.0
Semiconductor sales see first m-o-m growth after four months
Semiconductor sector
Maintain overweight: In March
2016, global semiconductor sales
fell at a slower pace of 5.8% yearon-year (y-o-y), up 0.3% month-onmonth (m-o-m) to US$26.1 billion
(RM104.14 billion). On a m-o-m basis, semiconductor sales registered
the first growth after four consecutive monthly declines. In the first
quarter (1Q16), sales were down
5.5% quarter-on-quarter (q-o-q)
and 5.8% y-o-y to US$78.3 billion.
Key issues that continue to im-
pede growth include soft demand,
market cycles and macroeconomic
conditions. World Semiconductor
Trade Statistics (WSTS) is forecasting a flat year for 2016, with a minimal growth of 0.3% y-o-y to US$336
billion. The next WSTS committee meeting will be held later this
month.
While still experiencing the largest fall, sales in the Americas decreased at a softer pace of 15.8%
y-o-y. This was followed by Europe
(9.8% y-o-y) and the Asia-Pacific/all
Sales are expected
to fare better in
the second half,
driven by a major
smartphone launch.
others (6.4% y-o-y). Only Japan and
China posted y-o-y growths during
the month. Japan reported its first
yearly increase of 1.8% y-o-y after 18
months. Meanwhile, China recorded a slower growth of 1.8% y-o-y.
The book-to-bill ratio strengthened to 1.15 times, above parity for
the fourth consecutive month. Net
bookings stood at US$182 million
during the month. Bookings and
billings were down 0.9% y-o-y and
5.3% y-o-y respectively. Viewed on
a quarterly basis, orders were relatively steady from the previous year
(down 1.9% y-o-y) and quarter (up
1.2% q-o-q).
Last week, both Malaysian Pa-
cific Industries Bhd (MPI) and Unisem (M) Bhd reported seasonally
softer 1Q16 results which were in
line with expectations. US dollar
revenue is expected to rebound in
the second quarter, with guidance
ranging from a 5% to 10% q-o-q increase. Sales are expected to fare
better in the second half, driven
by a major smartphone launch.
We continue to be “overweight” on
the sector. Our “buy” calls are on
Unisem, MPI and Inari Amertron
Bhd. —TA Securities, May 4
14 H O M E
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Team Adenan set for big win
He expects BN to capture at least 70 of the 82 seats at stake
KUCHING: With Barisan Nasional
(BN) poised to return for an 11th
term in Sarawak with over two-thirds
majority in the state legislative assembly, the focus shifts to how big
a win Chief Minister Tan Sri Adenan
Satem can pull off on Saturday and to
what extent he has shaken the Chinese ground under the opposition.
Adenan expects his team to capture at least 70 of the 82 seats at stake.
BN already has two, Bukit Sari and
Bukit Kota, which it won unopposed
on nomination day.
The ruling coalition won all previous state elections with a two-thirds
majority except in 1987. In 2011, BN
won 55 of 71 seats, DAP 12, PKR
three and an independent one.
“The BN forecast of 70 is realistic.
The real benchmark, though, is how
many Chinese seats it can take back.
There is no question that BN will
have two-thirds of the seats,” said
political analyst Dr Jeniri Amir of
Universiti Malaysia Sarawak.
The ambition of the opposition
to stop BN from getting 55 constituencies for a two-thirds majority
has all but faded, with DAP and
PKR keeping a distance from each
other after their seat squabble. Their
partner Amanah has been dismissed
as of little significance.
PBB is contesting in 40 constituencies, five more than in 2011, and is
not expected to have much trouble
making a clean sweep.
PRS is confident that it will deliver on all 11 seats allocated, leaving
SUPP, SPDP and the 13 direct candidates to rein in the rest.
SUPP is running in 13 constituencies and, as campaigning progresses, some political observers believe
that it may win back a few of the 12
Chinese seats it lost to DAP in 2011.
SPDP is contesting five seats including Ba’Kelalan, a riveting contest with BN’s Willie Liau taking on
his uncle and PKR state chief Baru
Bian, who beat him by 473 votes
the last time.
DAP wants to take at least 18 of
the 31 areas they are vying for, and
according to state party chief Chong
Chieng Jen, it has “a good chance” of
capturing 12 other mostly bumiputera constituencies and the BN-held
Chinese-majority Bawang Assan.
National party adviser Lim Kit
Siang is worried about the risk of
DAP losing seven of the 12 Chinese
seats it won in 2011.
In the past week, Adenan has
travelled all over the state to consolidate the votes in the over 60 bumiputera areas. He has also asked
Chinese voters to support SUPP for
the community to be represented
in his cabinet.
The strong possibility of BN taking
back three to five Chinese seats are
being openly discussed. “Nobody
talked about this before,” said political observer Dr Lee Kuok Tiong.
Among the Chinese seats closely
watched are Batu Kawah and Batu
Kitang in Kuching, Pujud in Miri,
Repok and Meradong in Sarikei,
and Bawang Assek and Dudong in
Sibu. Fighting in Batu Kawah is SUPP
president Senator Datuk Dr Sim Kui
Hian, who is in a three-way tussle with DAP incumbent Christina
Chiew and independent Liu Thian
Leong, a former UPP member. With
two days left to polling, candidates
will be going all out to woo fence
sitters in the state’s biggest election, and remind their supporters
to come out and vote.
The Election Commission expects the turnout to be at 75%, compared with 70% in 2011. — Bernama
Campaigning in cyberspace
Some of the cabinet members sharing a light moment before the meeting at Wisma Bapa Malaysia. Chief Secretary Tan Sri Ali Hamsa
is standing at extreme left. Photo by Bernama
Najib: Cabinet meeting in
Kuching nothing extraordinary
KUCHING: The federal cabinet
meeting in Petrajaya here yesterday is nothing extraordinary because each minister has responsibilities at the state level, said Prime
Minister Datuk Seri Najib Razak.
Najib said this was different
from the presence of state leaders
like Penang Chief Minister Lim
Guan Eng, who was in Sarawak for
the sole purpose of campaigning.
“If the opposition wants to make
this an issue, I wish to remind their
leaders like Penang Chief Minister Lim Guan Eng that he has no
powers outside Penang. He is here
only for campaigning purposes.
“Each minister has ministerial
responsibilities in each state. Ministers will look into [matters such
as] work done by their respective
ministries, [and the] problems of
the people,” he told a press conference after chairing the weekly
federal cabinet meeting at Wisma
Bapa Malaysia, the Sarawak state
secretariat building.
Najib said the purpose of holding the meeting here was to show
support for, and symbolise the
close ties with, Sarawak Chief Minister Tan Sri Adenan Satem and
the state government led by the
Sarawak Barisan Nasional.
He also said holding federal
cabinet meetings outside Putrajaya was done from time to time.
Also present at the press conference were Adenan and Deputy
Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.
The last cabinet meeting held
outside Putrajaya was in 2011 in
Kuantan, Pahang.
On Sarawak’s entry ban on certain leaders, Najib said the Sarawak
government had the powers to
do so and that all quarters must
respect this.
“This [entry into Sarawak issue]
is at their discretion. I believe the
Sarawak government has good reasons to deny entry because it does
not want the political atmosphere to
be smeared by speeches that touch
on people’s sensitivities,” he said.
Sarawak’s 11th state election
will be held on Saturday.
Among the individuals barred
from entering Sarawak are PKR
vice-president Nurul Izzah Anwar,
DAP organising secretary Anthony Loke, DAP assistant publicity
secretary Teo Nie Ching, Amanah
president Mohamad Sabu, Perak
DAP chairman and Taiping member of parliament Nga Kor Ming,
and Sungai Besar Umno head and
Gerakan Merah (Red Movement)
chief Jamal Md Yunos.
Selangor menteri besar and PKR
deputy president Datuk Seri Azmin
Ali and Guan Eng, who is also DAP
secretary-general, have been allowed restricted entry. — Bernama
KUCHING: It’s really psy-war, communication experts said of the fight
for influence in cyberspace between
Barisan Nasional (BN) and the opposition in the Sarawak election.
At their most effective, messages from both sides are suggestive
rather than direct or open, with
much thought given to the entertainment value of messages to lure
Internet users.
Innuendos are used to make
claims that would otherwise immediately sound ridiculous or even
outrageous.
DAP, attempting to penetrate
Bumiputera constituencies, has
videos that suggest it is the champion of rural folk.
One video shows people prancing joyously around DAP members helping to build a house and a
rope bridge. Another video depicts
an obviously staged scene of rural
schoolchildren studying with the
aid of kerosene lamps to suggest
the “failure” of the government to
provide basic amenities.
There is, of course, no mention
that the BN government is spending
almost RM1.3 billion to ensure at
least 96% of Sarawak enjoy electricity supply by the end of this year.
The videos are uploaded on multiple social media platforms such
as Facebook, Twitter, Instagram
and YouTube.
BN is countering the opposition propaganda with facts and
figures.
But, as the communication experts noted, all the facts on the
multibillion ringgit effort of the
federal and state governments to
develop Sarawak won’t make an
impact unless they are presented
in such a way as to attract and hold
the attention of Internet surfers.
“So much depends on presentation, and the opposition cyber
troopers have shown themselves
adroit at it,” said a lecturer from
Universiti Teknologi Mara Centre
for Media and Information Warfare Studies.
Research has shown that the
main users of the Internet are aged
between 21 and 49.
According to the Election Commission, out of the 1.1 million registered voters for this election, 11.5%
are aged between 21 and 29, 20.8%
between 30 and 39, and 23.6% between 40 and 49.
In Sarawak, the Internet users
are mostly in Kuching, Sibu and
Miri, and they very much prefer
local content, said Universiti Teknologi Mara lecturer in communication and media studies Shahnon
Mohamed Salleh.
Social media is one of the most
powerful platforms for information and propaganda. — Bernama
‘Only minor offences in campaigns’
KUCHING: Sarawak police commissioner Datuk Seri Muhammad
Sabtu Osman said police have only
received reports on minor offences
since campaigning for the Sarawak
election started on May 25.
He said police so far had received 107 reports, mostly on vandalism of election posters. “The minor offences include supporters of
opposing parties shouting at each
other as well,” he told reporters at
the state police headquarters here.
Earlier, he had flagged off a convoy which will be bringing in police reinforcements to police con-
tingents in Sarawak ahead of the
election on Saturday.
Muhammad Sabtu said as of
Tuesday, police had launched investigations into 66 cases under Sections 323 and 500 of the Penal Code
and Election Offences Act 1954.
He said police had mobilised
1,817 personnel from the Kuching Police Training Centre, Marine
Operations Force, General Operations Force and contingent police
headquarters throughout the state
to beef up police presence in all
districts until polling was over. —
Bernama
H O M E 15
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
‘Case on SD by
previous owner of
bungalow not closed’
Purchase by Guan Eng for RM2.8m a controversy
KUALA LUMPUR: Attorney-General (AG) Tan Sri Mohamed Apandi
Ali has denied reports that the AG’s
Chambers had closed the case of
an allegedly false declaration on the
purchase of a bungalow by Penang
Chief Minister Lim Guan Eng.
Referring to reports in two English
dailies, Mohamed Apandi refuted the
news that he had closed his office’s
investigation into a statutory declaration (SD) by the previous owner of
the bungalow, Phang Li Koon, in a
two-paragraph statement yesterday.
In George Town, Bernama reported yesterday the AG’s Chambers had
closed the case, quoting Penang Police Chief Datuk Abdul Ghafar Rajab.
The police chief told reporters
yesterday the AG had decided a few
days ago that there was “no further
action” in the case into the SD made
by Phang, who sold what is claimed
to be an undervalued bungalow to
Guan Eng.
He said the decision was made
after the AG scrutinised the outcome of the investigation conducted by the Penang and Bukit Aman
police.
“The prosecutor has decided that
there is NFA (no further action) in
the case ... so the case is closed. The
decision was made two or three days
ago,” he told reporters after attending
the monthly assembly at the Penang
police headquarters yesterday.
The police opened an investigation into Phang after several quarters lodged police reports claiming
inaccurate information in Phang’s
SD. Phang was called to give a statement at the north-east district police
headquarters.
The purchase of the bungalow in
Jalan Pinhorn in Penang by Guan Eng
for RM2.8 million became a controversy after Tasek Gelugor member of
parliament Datuk Shabudin Yahaya
disclosed in the Dewan Rakyat that
the price was below market value.
Shabudin had reportedly claimed
that the value of the bungalow was in
the range of RM6 million to RM6.5
million.
It was also claimed that the purchase of the bungalow was connected to the sale of a piece of land in
Taman Manggis, Penang, that had
been reserved for a housing project
for the poor.
Phang made the SD on March 22,
stating that she had not surveyed the
market when she decided to sell the
house to Guan Eng as she did not
think it was necessary.
She also said she had no business relationship with the state government.
Genting career fair goes to Penang
GENTING HIGHLANDS: Resorts
World Genting is organising a career fair tagged Rendezvous with
Gourmet this weekend in Penang,
it said in a statement.
The Rendezvous with Gourmet
career fair is an opportunity to find
out about the latest developments at
the resort, including the imminent
opening of food and beverage (F&B)
brands Cafes Richard, Motorino Pizzeria and Burger & Lobster.
The resort seeks to fill new positions available, including F&B
director, outlet manager and F&B
supervisor, it said.
Both fresh graduates and those
with experience should head for
the Eastern & Oriental Hotel (Lower Ground Floor, Arshak Suite) on
Saturday, 11am to 8pm.
The event is an invitation to all
who are keen to join the leisure and
hospitality business covering theme
parks, hotels, restaurants and entertainment. Besides F&B, they can ex-
Yee (left) sharing his knowledge of wine tasting. Photo by Resorts World Genting
plore other fields, including rooms
division, casinos, theme parks, security, engineering, tenancy and
human resources.
For the resort, the next chapter
in staying competitive includes
the opening of new outlets like the
world’s first Twentieth Century Fox
Theme Park, two new shopping
malls, Sky Avenue and Genting
Premium Outlet, as well as a new
cable car system.
Rendezvous with Gourmet will
also feature some big international
names in Asia, as well as renowned
talents from London, Paris and
New York. They include sommelier Kevin Yee, chef Mandy Goh
and mixologist Pranill Saam, the
statement said.
IGP confirms
withdrawing Dr M’s
traffic police escort
KOTA KINABALU: Inspector-General of Police (IGP) Tan Sri Khalid
Abu Bakar confirmed yesterday that
the traffic police escort for Tun Dr
Mahathir Mohamad had been withdrawn because the former prime
minister had violated laws while
using the service.
He said Dr Mahathir had used
the escort when he attended an illegal Bersih rally, a gathering protesting the goods and services tax,
and going around collecting signatures for a declaration.
“I withdrew the traffic police
escort for Tun [Dr] Mahathir ... it
was my personal decision as the
IGP. What’s the use of providing
traffic police escort to an individual who violates the laws and the
constitution?
“We cannot support any action
that violates the country’s laws. I
hope Tun [Dr] M[ahathir] understands the position of the Royal
Malaysian Police, which upholds
Rukun Negara. How can we support
someone who violates the law?” he
told reporters after presenting the
Pingat Kedaulatan Negara awards
here.
Khalid said Dr Mahathir could
apply for the traffic police escort
service if he wants to attend any
If Tun [Dr] M[ahathir]
wants to use the
service, he can send me
an application and we
will provide the service
if he is attending an
official function, and
does not violate any
law or the constitution.
official function.
“If Tun [Dr] M[ahathir] wants to
use the service, he can send me an
application and we will provide the
service if he is attending an official
function, and does not violate any
law or the constitution,” he said.
He also said Dr Mahathir continues to enjoy the police bodyguard
service provided by officers of the
Special Action Unit.
Khalid also issued a warning to
untrained people who volunteer to
provide motorcycle escort services
to Dr Mahathir.
“They are endangering not only
their lives, but also other people’s
because they are not trained and
it is illegal,” he said. — Bernama
Rahman Dahlan’s suit against
news portal to be heard Aug 15
KUALA LUMPUR: The High Court
here has set two days from Aug 15
to hear the defamation suit brought
by Urban Wellbeing, Housing and
Local Government Minister Datuk Abdul Rahman Dahlan against
news portal Malaysiakini and its
reporter Geraldine Tong.
Judge Abu Bakar Jais set the
dates in chambers yesterday in
the presence of lawyer Shahriman
Ruslan, who represented Abdul
Rahman, and K Shanmuga, who appeared for Malaysiakini and Tong.
Shanmuga told reporters the
court also set May 23 for case management.
Abdul Rahman, who is an Umno
Supreme Council member and
member of parliament for Kota Belud, filed the suit on Jan 13, claiming that an article and a video clip
published by Malaysiakini and
Tong without his permission did
not reflect the original content of
his message, and that it was edited
to portray him as having instructed the urban population to return
to villages.
In his statement of claim, Abdul
Rahman claimed that on Nov 6,
2015, the defendants, with levity
and malice, published or caused
to be published on the www.malaysiakini.com website slanderous
and false statements referring to
him under the title “Minister’s ‘go
back to kampung’ notion draws
contempt”.
He claimed that the defamatory
statements, among others, implied
that he had no care for the plight
of the people due to the rising cost
of living, did not encourage the
people to seek income in urban
centres and was insensitive to the
current issues that had an impact
on society. — Bernama
Eldest sister of Raja of Perlis dies at 74 — state secretary
KANGAR: Tunku Puteri Utama
Datuk Seri DiRaja Sharifah Salwa
Tuanku Syed Putra Jamalullail, the
eldest sister of Raja of Perlis Tuanku
Syed Sirajuddin Putra Jamalullail,
passed away yesterday.
State Secretary Ahmad Zamri Khairuddin, who made an announcement on her demise over
RTM yesterday afternoon, said Tunku Puteri Sharifah Salwa, 74, died
at Sultanah Bahiyah Hospital, Alor
Setar, at 11.15am.
However, he did not state the
cause of her death and how long
she had been warded at HSB.
However, according to Raja
Muda of Perlis Tuanku Syed Faizuddin Putra Jamalullail, his aunt was
admitted to HSB for dengue haemorrhagic fever days ago.
Prayers for the deceased will be
held at Tuanku Syed Putra Mosque
here, after Asar prayers at 4.30pm,
before Tunku Puteri Sharifah Salwa’s remains will be brought to
the Royal Mausoleum in Arau for
burial.
Ahmad Zamri said members
of the public could pay their last
respects to the late princess at the
mosque from 4pm, and they are
advised to be decently dressed in
white or wear national attire, jubah
(long dress), a long-sleeved shirt
and black songkok.
The late Tunku Puteri Sharifah
Salwa, the eldest child of the third
Yang di-Pertuan Agong Tuanku
Syed Putra Jamalullail and his consort Tengku Budriah Tengku Ismail,
was married to Tengku Bendahara
Sulaiman Tengku Abu Bakar, the
nephew of the Sultan of Johor, the
late Sultan Ismail.
She leaves a son and three
daughters, and several grandchildren.
Tunku Puteri Sharifah Salwa,
who was active in charity work,
was the chairman of Pertubuhan
Perkumpulan Perempuan Perlis
and vice-chairman 1 of the Tuanku Syed Putra Dialysis Centre here.
— Bernama
16 FO CU S
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Spotlight on shadowy money
The Panama Papers leak has led to heightened scrutiny of capital flowing
through offshore companies. Why do individuals and companies use
these entities? What risks do they pose?
BY C H A N C H AO PEH
D
avid Chong, president of Portcullis Group, knew all too well
the firestorm that would ensue
when he read the newspapers on April 4. That was the
day the so-called “Panama
Papers”, obtained by the International Consortium of Investigative Journalists, began to
make headlines around the world. Almost
exactly three years before, on April 3, 2013,
a similar leak of documents from Portcullis
and another firm, also orchestrated by ICIJ,
had Chong scrambling to answer questions
and defend the activities of his firm.
“These dates are etched in my memory,”
says Chong, in an interview with The Edge
Singapore. The Portcullis Group provides
trust, fund and family office services, which
include helping companies and individuals
set up corporate entities in jurisdictions like
the British Virgin Islands and Cayman Islands. The publication of documents leaked
from the firm in 2013 — dubbed “Offshore
Leaks” — revealed that a number of wealthy
businessmen and politicians in the region
had used these corporate vehicles to manage their wealth.
The Panama Papers leak was of a much
larger scale, and the fallout more far-reaching.
Notably, within days, Iceland Prime Minister
Sigmundur Gunnlaugsson was forced out of
office over revelations that his family held
their wealth in offshore entities and that they
may have benefited from his decisions while
in office. British Prime Minister David Cameron has also struggled to answer questions
about his inheritance after it emerged that
his father was a director of an offshore trust
that had paid no British taxes.
Meanwhile, an old friend of Russia’s president Vladimir Putin was shown to be at the
centre of a web of offshore entities worth
some US$2 billion (RM7.98 billion). Putin
confirmed the accuracy of the information
but insisted that his friend, a Russian cellist
named Sergei Roldugin, has done nothing
wrong. In China, revelations that relatives
of top leaders from former premier Li Peng
to current President Xi Jinping have been
linked to offshore entities have drawn indignant rebuttals from news outlets linked
to the Communist Party.
Chong of Portcullis says the strong public
interest in the Panama Papers leak is a reflection of years of growing wealth inequality, and
the eagerness of the media to find reasons
for this trend in everything from corruption
in public office and money laundering to tax
evasion and existence of offshore tax havens.
“The press is fanning the illogical syllogism
that tax havens are used to hide wrongdoing, that somehow the inequality of wealth
is linked to tax havens,” he grumbles.
In fact, while offshore entities shield their
owners from taxes and the glare of public
scrutiny, they usually maintain onshore bank
accounts with financial institutions that are
tightly regulated and obliged to report any suspicious activities. “My tax advantage doesn’t
come from where my bank account is; it comes
from where my company is,” says Tan Choon
Leng, head of RHTLaw Taylor Wessing’s Private Wealth practice.
Some lawyers and accountants also con-
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The British Virgin Islands and Cayman Islands have been big movers of FDI into Singapore in recent years, according to data from the Department of Statistics.
tend that offshore entities have greased the
wheels of global investment. As an example,
Chong points out that a property in London
held in the name of an individual would be
subject to inheritance tax when the individual
passes away. But if the property were held by
a company where there is no inheritance tax,
like the British Virgin Islands, effective ownership could be transferred after the owner
passes without incurring the tax.
Among the Panama Papers were documents showing that Sheikh Khalifa bin Zayed
Al Nahyan, President of the United Arab Emirates, has used offshore corporate entities to
hold dozens of choice London properties
from Oxford Street to Mayfair, worth more
than £1.2 billion (RM6.98 billion). By some
estimates, foreign entities collectively own
more than £170 billion worth of UK properties.
The “tax neutrality” of locations such as
the British Virgin Islands and Cayman Islands
also makes them a natural choice for funds
garnering capital from around the world and
investing internationally. According to the
Cayman Island’s Monetary Authority (CIMA),
as at June 2015, the 179 banks under its supervision, including 116 that are branches of
international banks, reported total international assets and liabilities of US$1.39 trillion
and US$1.4 trillion, respectively.
The Cayman Islands is also a popular domicile for hedge funds, according to some studies.
As at end-2015, there were some 10,940 funds
registered there, with names ranging from
A&Q Diversified Neutral Alpha to ZZ Strategy, according to CIMA’s last quarterly report.
Interestingly, offshore tax havens also
appear among the largest sources of foreign
direct investment for some countries. The
British Virgin Islands and Cayman Islands
THE EDGE SINGAPORE
Chong: The press is fanning the illogical syllogism
that tax havens are used to hide wrongdoing, that ...
the inequality of wealth is linked to tax havens.
Tan: For some transactions, good planning [of
use of offshore entities] can make the difference
between a profitable and non-profitable investment.
have been big movers of FDI into Singapore
in recent years, according to data from the
Department of Statistics. In 2014, the most
recent year for which there are statistics,
they accounted for S$87 billion and S$77.7
billion, respectively, of the stock of FDI in the
city state, making them our third and fourth
largest FDI sources.
Tan of RHT says it is incumbent on accountants, bankers and lawyers responsible
for structuring investment deals to consider
the use of offshore entities. “For some transactions, good planning can make the difference between a profitable and non-profitable
investment,” he says. “Depending on the work
scope, there is potential negligence on the
team’s part if they don’t consider it.”
And, despite their dark side, the advantage
accorded by offshore investment vehicles is
becoming more pronounced as the structure of the global economy and the nature
of businesses evolve, Tan adds. “We have
globalisation, where business is everywhere.
And now, we have digitisation, where business is nowhere, but everywhere.”
Tightening tax net
Still, long before the Panama Papers leak,
or even the Offshore Leaks episode in 2013,
political momentum has been growing in
large developed nations against the use of
offshore structures by heavyweight corporates to reduce their tax bill. “The idea is that
if you make profits somewhere, surely you
should be paying your fair share of taxes in
that place,” says RHT’s Tan.
Among the prime targets have been large
technology companies such as Apple and
Alphabet (formerly Google). The US Senate
Permanent Subcommittee on Investigations
showed that in 2012 alone, by using three
offshore units with no discernible tax home,
Apple avoided paying US$9 billion to the US
government. Now, Apple is said to have generated a cumulative US$181.1 billion in off-
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FO CU S 17
T HURSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
Indonesian parliament mulling a tax amnesty bill
shore earnings which, if it returned to the US,
could incur a tax bill of some US$52.9 billion.
On Feb 23, the OECD announced a plan
aimed at countering the arcane-sounding
trend of “base erosion and profit shifting”,
which essentially refers to the strategy of
using offshore entities to erode the tax of
a country where business has been done
and profits earned. This plan is designed to
cut the annual worldwide loss of corporate
tax revenue, estimated at between US$100
billion and US$240 billion — a figure that
accountants and lawyers say is probably far
larger than what individual tax dodgers are
getting away with.
Tan notes that there are also related plans
within the international community for automatic sharing of information based on
common reporting standards as part of the
broader push towards tighter cooperation
among tax authorities. More than 20 European countries, including key EU members
such as Britain, Germany, France, Italy and
Spain, have formed one such grouping, where
information on the ownership of companies
will be privately shared among their respective law enforcement agencies.
On April 22, Britain said its crown dependencies and overseas territories that have a
reputation for being tax havens — Gibraltar,
Isle of Man and Montserrat — will join the
grouping. “It should be clear to all countries
and tax jurisdictions that the world is moving
firmly in the direction of greater tax transparency and the UK will continue to push for an
internationally agreed blacklist for those that
refuse to do the right thing,” said Chancellor
of the Exchequer George Osborne.
Yet, observers like Tan of RHT believe that
as long as there are differences in tax rates in
major jurisdictions, offshore corporate entities
will continue to be used. “I can understand
that there is a push by governments to bring
companies that operate in their jurisdictions
within their tax net. That is a huge tussle we
are seeing. But, it doesn’t take away the fact
that a lot of these structures are legal,” he
points out. “If the regimes are more company- and tax-friendly than they are now, the
likes of Apple will be more willing to repatriate a larger amount of the profits they’ve
earned and kept offshore back onshore and
reinvest,” he adds.
If anything, he figures that it is lower taxes
onshore that stand the best chance of negating the attractiveness of offshore corporate
entities. “At the end of the day, it is an arbitrage. If the difference between me and you is
a lot smaller, there’ll be much fewer reasons
to keep it offshore,” Tan says.
Certainly, countries in Asia have been
moving in that direction. On April 11, Indonesian Finance Minister Bambang Brodjonegoro floated a proposal to cut corporate tax
from 25% to a “competitive” 20%. The country’s parliament is also mulling a tax amnes-
Singapore rides offshore capital flows
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IF there is any doubt that the flow of capital through offshore corporate vehicles
matters to Singapore, consider this: In
2010, the British Virgin Islands and Cayman Islands accounted for S$50.1 billion
and S$44.5 billion, respectively, of the
stock of foreign direct investment (FDI) in
Singapore, according to the Department
of Statistics. That made them our fourth
and sixth largest sources of FDI.
By 2014, the most recent year for which
statistics are available, the stock of FDI
from the British Virgin Islands and Cayman Islands had increased to S$87 billion
and S$77.7 billion, respectively, making
them our third and fourth largest sources
of FDI. Moreover, two other offshore jurisdictions, Luxembourg and Bahamas,
were the ninth and tenth largest sources
of FDI that year, respectively. The largest
source of FDI in 2014 was the US, at S$153
billion, up from S$118 billion in 2013; the
second largest was Japan, at $109.3 billion,
up from S$72.2 billion.
So, where did the FDI from the British
Virgin Islands and Cayman Islands come
from? And, where was it invested? The
Department of Statistics says it does not
compile those figures.
However, much of the total inflow of FDI
in recent years has been channelled into the
finance and insurance services sector. This
category, according to the Department of
Statistics, had a total of S$270.2 billion in FDI
at end-2010, and the sum surged to S$515.6
billion in 2014. The sub-category “investment holding”, which is under “finance and
insurance services”, accounted for the bulk
of this growth, rising from S$224.9 billion
in 2010 to S$445.7 billion in 2014.
When approached for comment, the
Monetary Authority of Singapore (MAS)
said it has a strict legal and regulatory
framework to guard against money laundering and terrorism financing through
the Singapore financial system. “All financial institutions in Singapore — including
banks, fund managers and trust companies
— are required to know their customers
well, including any persons that their customers may be acting on behalf of. Financial
institutions are required to scrutinise their
customers’ source of funds and wealth, and
check for any adverse information about
them,” an MAS spokesman says.
“If offshore vehicles are being set up, financial institutions must ascertain their
purpose and satisfy themselves that such vehicles are not meant to be used for unlawful
ends. Financial institutions must also monitor their customers’ accounts for suspicious
transactions on an ongoing basis and report
any they come across,” the spokesman adds.
Tan Choon Leng, head of RHTLaw Taylor
Wessing’s Private Wealth practice, says there
is little doubt that MAS and other regulatory
bodies in Singapore are closely watching the
financial services sector. “Banks will tell you
everything is shrinking except compliance
teams.” He adds that financial institutions are
required to understand any complex, multi-layered structures of offshore entities with
which their clients are involved. And, citing
the Guidance on Private Banking Controls,
published by MAS in 2014, Tan goes on to
say that when trust structures are used, the
financial institutions are required to identify
and document the ultimate settlor, beneficiary, protector and beneficial owners of the
assets held by the trusts.
A partner at a local accounting firm
tells The Edge Singapore that the Suspicious Transaction Reporting (STR) obligation also serves as a defence against shady
money dealings. The Institute of Singapore
Chartered Accountants (ISCA), in its socalled “Ethics Pronouncement 200” that
took effect on Nov 1, 2014, requires all professional accountants and professional firms
to report suspected transactions related to
money laundering or terrorist financing to
the Commercial Affairs Department.
In addition, they are also “prohibited from
disclosing any information to any person if
doing so is likely to prejudice an investigation or proposed investigation”. The STR does
not just fall on accountants but also trustees,
banks, money lenders, and even gem dealers.
ty bill. On April 25, Indonesia’s central bank
governor Argus Martowardojo said that the
proposed bill could encourage the repatriation of some US$42 billion worth of capital.
Indonesia’s officials estimate that as much
as US$200 billion of personal and corporate
assets are held in Singapore alone.
Competition among havens
Nevertheless, increased regulatory scrutiny
as well as the growing competitiveness of
onshore financial centres have taken their
toll on some offshore financial centres in recent years. According to the Deloitte Wealth
Management Centre Ranking 2015, between
2008 and 2014, Panama and the Caribbean,
lumped together, saw a 47% plunge in assets
under management or assets under administration to US$0.9 trillion.
On the other hand, Hong Kong, with its
natural proximity to growing Chinese wealth,
saw a surge of 146% to US$0.64 trillion in the
same period. Singapore grew as well, but at a
much slower pace: up 24% to US$0.5 trillion.
Switzerland retained the leading position with
US$2 trillion, up 14% over the seven-year period. The UK grew at the same clip during the
period to reach US$1.7 trillion, while the US
saw growth of 28% to US$1.4 trillion.
Where does that leave the likes of Mossack
Fonseca and Portcullis? Is the business of
setting up companies in offshore tax havens
on its last legs?
Ramon Fonseca, one of the two founders of Mossack Fonseca, has been quoted in
press interviews saying that the law firm has
only about 5% market share in the business
of setting up offshore entities. And, his firm
typically does not know who the ultimate beneficiaries are. Hence, the activities involving
offshore companies revealed in the Panama
Papers leak could just be a very small part of
what is actually happening.
Tan of RHT says the amount of wealth
stashed under these offshore entities also
is not clear, despite the figures contained in
numerous research reports on offshore tax
havens. “I assure you: Anyone who gives you
a number is wrong, or doesn’t know for sure
that they are right,” he says.
Whatever the case, firms like Mossack
Fonseca and Portcullis are confident that they
have not broken any laws. While the media
organisations are still parsing the leaked Panama Papers, comprising some 11.5 million
documents dating back some 40 years, Chong
of Portcullis emphasises that three years after
the Offshore Leaks, involving documents that
go back some three decades, neither he nor
his firm has been accused of any wrongdoing.
In fact, he quips that the ICIJ helped him
perform an internal audit that he could never
have afforded. “If they cannot find anything
that I have done criminally wrong, then
I say it is not a bad internal audit.” — The
Edge Singapore
Top 10 sources of FDI into Singapore in 2014
FDI activity by sector in 2014 (in S$ bil)
CHARTS: DEPARTMENT OF STATISTICS, MINISTRY OF TRADE AND INDUSTRY
Yet, Singapore is not in any way deterring
the flow of funds into the local market. On the
contrary, it wants to be a leading international
financial centre and has introduced various
schemes and incentives to make it attractive
for non-residents to park their money here.
Notably, in 2008, it abolished estate
duties. Now, using a Singapore company
to hold a UK property shields the owner
from UK inheritance tax, according to David Chong, president of Portcullis Group.
Singapore also introduced the Enhanced
Tiered-Fund scheme in 2009, which gives
tax exemptions on funds if certain conditions are met, like committing to a minimum fund size of S$50 (RM147.84 million)
million. The scheme was enhanced over
time. At the 2015 Budget, the rules were
tweaked to allow special purpose vehicles
under a master fund to be consolidated to
meet the tax-exemption requirements.
Nevertheless, given the huge sums of
money moving through offshore entities,
it is very likely that at least some of it is
not entirely clean. “I think it is naive to
say that there aren’t murky transactions
going on in any of the financial centres of
the world. However, all the governments
are taking the effort to clean that up, and
that’s extremely encouraging,” says Tan.
On that score, Singapore might well have
the edge. Chong cites the country’s high
ranking in the World Justice Project Rule
of Law Index — compiled annually by the
Washington-based organisation headed
by William Neukom, a former president
of the American Bar Association. In 2015,
Singapore was ranked ninth, above the UK
(12th), Hong Kong (17th) and the US (19th).
“The world trusts Singapore,” says Chong.
18 C O M M E N T
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Asian banks’ US$60b hole
China’s lenders are not the only ones in denial
BY A NDY MU KHERJEE
A
loans doubled from 12 months ear- Chart 1
lier, but are still a fraction of what
they were in 2011 and 2012. Should
China experience a full-blown credit crisis, or a sharper slowdown in
economic growth, the cover against
bad loans may suddenly start feeling
too thin for comfort (see Chart 2).
Those risks are not even beginning to get counted. Take Bank of
China (Hong Kong) Ltd (BoC Hong
Kong). In December, the Hong Kong
arm of China’s fourth-largest lender by assets reported a bad-loan
ratio of just 0.2%. Granted, BoC
Hong Kong is selling a big chunk
of its mainland exposure to China
Cinda Asset Management Co Ltd.
But with HK$523 billion (RM268.7
billion) of advances to borrowers
across the border, credit risk will
still be far from negligible.
As former CLSA bank analyst Chart 2
Daniel Tabbush noted recently
on research website Smartkarma,
BoC Hong Kong ended up booking
HK$12.6 billion of provisions for
loan losses in 2008, almost 13 times
what the lender set aside last year.
“The year 2008 is a good reminder
of how high and suddenly impairment costs can rise,” Tabbush says.
If banks believe investors are
oblivious to that risk, they are digging themselves into an even bigger
hole. — Bloomberg
sia’s lenders have
dug themselves
into a US$60 billion (RM239.4 billion) hole, which
they will have trouble climbing out of without pulling
shareholders down with them.
That sum is the “missing” bad
loan provisions, or the difference
between the amount earmarked
to deal with souring debt and what
banks would need if 2016 turned
into a repeat of 2008.
Do the math. Asia’s top 200 publicly traded banks had US$16.7 trillion in assets last year, on which
they had set aside about US$296
billion, or 1.78%, for loan losses.
Ratchet that up to the 2008 rate of
2.14%, and they would require an
extra US$60 billion or so.
Unsurprisingly, as much as onethird of the shortfall is in just one
economy: China. But the mainland’s
lenders are not the only ones in denial. Most banks in Asia are busy pretending it is business as usual and
future profits are safe (see Chart 1).
The illusions of solidity are not
fooling many. Despite HSBC bravely holding on to its dividend, the
stock fell after the bank reported
first-quarter earnings on Tuesday, This column does not necessarily
bringing its one-year decline to reflect the opinion of Bloomberg
more than 30%. Charges for bad LP and its owners.
We need to act quickly on measuring the value of free
BY C H A RL ES B EAN
RELIABLE economic statistics are a
vital public good. They are essential
to effective policymaking, business
planning, and the electorate’s ability
to hold decision-makers to account.
And yet the methods we use to
measure our economies are becoming increasingly out of date. The statistical conventions on which we
base our estimates were adopted
a half-century ago, at a time when
the economy was producing relatively similar physical goods. Today’s economy is radically different
and changing rapidly — the result of
technological innovation, the rising
value of intangible, knowledge-based
assets, and the internationalisation
of economic activity.
In light of these challenges, the
United Kingdom’s (UK) Chancellor
of the Exchequer George Osborne
asked me 10 months ago to assess
the UK’s current and future statistical needs. While my research focused on the UK, the challenges of
producing relevant, high-quality
economic statistics are the same in
many countries.
Recent technological advances have radically altered the way
people conduct their lives, both at
work and at play. The advances in
computing power underpinning
the digital revolution have led not
only to rapid quality improvements
and product innovation, but also to
new, connectivity-driven ways of
exchanging and providing services.
One particular challenge for economic measurement stems from
the fact that an increasing share
of consumption comprises digital
products delivered at a zero price or
funded through alternative means,
such as advertising. While free virtual goods clearly have value to consumers, they are entirely excluded
from gross domestic product (GDP),
in accordance with internationally
accepted statistical standards. As
a result, our measurements may
not be capturing a growing share
of economic activity.
Consider the music industry.
Downloads and streaming services
have now largely replaced CDs, the
dominant medium in the 1990s. And
yet the money has not followed; the
industry’s revenues and margins
have both plummeted. As a result,
its contribution to GDP (as we currently measure it) may be falling,
even as the quantity and quality of
services are increasing.
Two methods can give us a rough
estimate how much digital economic
activity we are failing to capture in
our measurements. We can use average wages to estimate the value of
the time people spend online using
free digital products, or we can adjust
telecommunication services output
to account for the rapid growth in
Internet traffic.
Both approaches suggest that accounting for these types of activities
could add between one-third and
two-thirds of a percentage point to
the average annual growth rate of the
UK economy over the past decade.
The digital revolution is also disrupting traditional business models.
The reduced search and matching
costs offered by a range of online
platforms are unlocking the market
for skills (known as the “gig economy”) and the market for underutilised assets (known as the “sharing
economy”). This, too, causes conceptual and practical measurement
challenges for established GDP calculus. The traditional statistical distinction between productive firms
and consuming households leaves
little room to account for households
as value creators.
Measuring GDP, it turns out, is like
trying to hit a moving target. The digital revolution is likely to be followed
by yet another wave of disruptive
technology, including advances in
materials science, artificial intelligence, and genetic engineering. As
the economy evolves, so must the
frame of reference for the statistics
we use to measure it.
Consequently, internationally
agreed statistical standards will almost always be somewhat out of date
or incomplete, as they are bound to
lag behind changes in the economy.
National statistical offices should
explore measurement issues that
go beyond the prevailing standards,
rather than use compliance as an
excuse for their failure to innovate.
One solution would be to establish
a continuing programme of research
into the measurement implications
of emerging economic trends, conducting one-off studies at first to
gauge their potential quantitative
importance. This could then guide
the development of experimental statistics capturing the new phenomena.
New techniques of collecting and
analysing big data, such as web scraping, text-mining, and machine learning, provide an opportunity for statisticians. Governments already hold
some administrative data, but their
use for statistical purposes often requires legislative changes. Unlocking
this trove of information would extend statistical samples to near-census size, increase their timeliness and
accuracy, and reduce the respondent
costs to businesses and households.
Ensuring that data accurately reflect a changing economy is one of
the hardest tasks faced by national statistical institutes worldwide.
Success requires not only understanding the limitations of traditional
measurements, but also developing
a curious and self-critical workforce
that can collaborate with partners
in academia, industry, the public
sector, and other national statistical
institutes to develop more appropriate methods.
The UK is by no means alone in
facing these challenges. But we need
to act quickly. Otherwise, the speed
of economic change will render our
statistics irrelevant to modern life. —
Project Syndicate
Charles Bean, former deputy governor for monetary policy and chief
economist of the Bank of England,
is professor of economics at the London School of Economics.
W O R L D B U S I N E S S 19
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
PBoC cuts yuan fix by most in eight months
SHANGHAI: China’s central bank
yesterday fixed the yuan currency
nearly 0.6% weaker against the US
dollar, according to the national foreign exchange market, the biggest
downward move since devaluing
the unit in August last year.
The People’s Bank of China
(PBoC) set the value of the yuan —
also known as the renminbi (RMB)
— at 6.4943 to US$1, weakening
0.59% from the fix of 6.4565 the
India court tells
tobacco industry
to adopt strict
warnings
NEW DELHI: India’s highest
court yesterday ordered cigarette manufacturers to comply
with controversial new rules
requiring bigger health warnings on packets that sparked
weeks-long factory shutdowns.
The tobacco industry has
taken the government to court,
arguing that the directives —
aimed at deterring smokers
with graphic images of diseased
lungs and mouth tumours —
are too harsh. In force since
April 1, the stringent rules mandate an increase in the size of
health warnings from the current 20% of the surface of a cigarette packet to up to 85%.
The Supreme Court yesterday transferred all of the petitions, some brought by makers
of cheap, hand-rolled cigarettes
known as beedis, to a different
court in the southern state of
Karnataka. It said manufacturers have to comply in the
meantime with the government’s rules.
“It is expected that all petitioners will comply with the
2014 amendment rule,” Justice
Pinaki Chandra Ghose said.
— AFP
previous day, according to data
from the China Foreign Exchange
Trade System (CFETS).
China only allows the yuan to
rise or fall 2% on either side of the
daily fix, one of the ways it maintains control over the currency.
Analysts said the weaker fix was
in line with strength in the US dollar overnight, as financial authorities seek to make trading more
market-oriented. The dollar rose
against most of its peers on Tuesday as global growth worries swept
equity markets and pushed oil prices lower, boosting demand for the
safe-haven US currency.
“To maintain a stable currency
market, the RMB weakened accordingly,” Liu Xuezhi, an analyst at the
Bank of Communications, told AFP.
Yesterday’s cut came after China
raised the yuan-dollar exchange
rate last Friday by 0.56% from the
previous day, the biggest increase
in almost 11 years.
The world’s second-largest economy rattled global investors with a
surprise devaluation last August,
when it guided the normally stable
yuan down nearly 5% over a week.
At mid-morning yesterday, the
yuan was quoted at 6.4996 to the
dollar on the onshore market, weakening from Tuesday’s close of 6.4743,
according to the CFETS. — AFP
Indonesia’s 1Q GDP
growth disappoints
But economy still expected to expand more than 5% in 2016
BY NILUFAR RIZ K I
& HIDAYAT SET I A J I
JAKARTA: Indonesia reported lower-than-expected growth in the first
quarter, but many economists still
expect enough of a rebound this
year that the country can avoid
further slowing and grow more
than 5% in 2016.
The statistics bureau said yesterday that Southeast Asia’s largest economy expanded an annual 4.92% in the January-to-March
quarter, below the median 5.05%
in a Reuters poll and the October-to-December pace of 5.04%.
Growth weakened for the fifth
straight year in 2015, to 4.8%, as
poor commodity prices, contracting exports, tepid investment and
waning consumption produced
the lowest growth rate since 2009.
But the economy gained some momentum in the second half of last
year as newly appointed ministers
accelerated government spending.
The statistics bureau took an optimistic tone. “Our start in 2016 is
better than the start of 2015,” said
bureau head Suryamin. “Economic
activity almost always slows in the
first quarter, especially after growing higher in the fourth quarter.”
In the first quarter of 2015, annual growth was 4.73%.
Bureau data showed consumption
was stable in the first quarter and
there was a rise in government-led
investment from a year earlier. However, investment growth was weaker
than in the December quarter.
The bureau said a major reason
for slower growth was a drought
worsened by the El Nino weather phenomenon, which hurt crop
output. Darmin Nasution, chief
economics minister, said another
reason was slowing loan growth.
Euben Paracuelles, a Nomura
economist in Singapore who had
projected 5.4% first-quarter growth,
said there was “some loss in growth
momentum” as he had expected
stronger public investment. “This
will raise the question of the sustainability of the recovery, but we
would still argue that the recovery
will continue, led by domestic demand,” he said.
Tim Condon, ING’s Asia chief
economist, said the lower growth
pace in January to March than the
previous quarter “is probably a oneoff and the economy is in a sort of
healing mode but obviously not a
straight line path”.
Realising Indonesia cannot still
rely on natural resources for growth,
President Joko Widodo has worked
to expand its weak manufacturing
sector. He has pledged to get Indonesia’s growth up to 7% a year
by 2019, the last year of his term.
The government’s target for
growth this year is 5.3%, while the
central bank’s latest outlook was
5.2% to 5.6%. — Reuters
Baidu shows health is huge flashpoint in China
BY ROBY N MA K
HONG KONG: Baidu’s sell-off
shows health is a huge flashpoint
in China. Regulators launched a
probe after a dying student accused
the country’s top search engine of
promoting false medical information. Investors have cut more than
US$5 billion (RM19.95 billion) from
Baidu’s market capitalisation. That
is a big move but not necessarily an
overreaction. Health scandals are
highly sensitive in the People’s Republic and authorities pay close attention to outbursts of online anger.
The investigation focuses on
cancer patient Wei Zexi. State media says Wei underwent an experimental treatment advertised on the
search engine, and before his death
criticised Baidu and the hospital
in question online. Angry Internet
users accused the US$62 billion
search engine giant of prioritising
ad dollars over safety. China’s Inter-
A filepic of Baidu’s headquarters in Beijing. The search machine giant says it carefully
vets health advertising. Photo by Reuters
net overseer stepped in on Tuesday.
Baidu says it carefully vets
health advertising. Moreover, China’s current ad legislation does
not even cover paid-for search
results. Similar to Google, sell-
ers and merchants can pay to be
featured prominently in adverts
shown above or to the right of normal search results, with payments
based on click-through rates.
That said, the near-8% fall in
Baidu’s share price could still be
justified. Baidu depends almost
entirely on advertising revenues,
which at US$9.9 billion last year
were 96% of total sales. Within that,
healthcare is one of five sectors
that together make up more than
half of its total ad sales, according
to analysts at Bank of Communications. Baidu could end up accepting less medical business, and
spending more on reviewing clients
and adverts.
It could also simply suffer from
a heavy-handed official response.
Scandals over the years, from tainted blood to toxic milk powder, have
made public health an especially
touchy subject. And Beijing is still
reeling from revelations of illegal
vaccine sales, which sparked nationwide public anger in March
and prompted regulators to punish
hundreds of officials. That is particularly potent when combined
with online fury. — Reuters
IN BRIEF
Indian parliament says
no to tycoon’s resignation
NEW DELHI: India’s upper
house of parliament has rejected Vijay Mallya’s resignation of his seat, saying a letter the embattled tycoon sent
from Britain did not conform
to “procedures” or carry an
original signature. The multimillionaire left India in March
owing more than US$1 billion (RM3.99 billion) in unpaid
loans, and is under investigation by a parliamentary ethics
committee. On Monday he resigned from the Rajya Sabha,
or upper house, saying in a letter to the chairman that he did
not want his name to be “further dragged in the mud” and
calling the accusations against
him “false and baseless”. But
Rajya Sabha chairman Hamid
Ansari said late Tuesday the
letter was not valid. — AFP
BRMS says nearing sale
of stake in mine
JAKARTA: Indonesian miner
PT Bumi Resources Minerals
Tbk (BRMS) said it is hoping
to finalise a sale of its stake
in the operator of the country’s second-biggest copper
and gold mine, adding that
several suitors were conducting due diligence. A company controlled by BRMS has a
24% stake in the mine operator, Newmont Nusa Tenggara.
Other shareholders include a
joint venture between Newmont Mining Corp of the United States and Japanese trading
house Sumitomo Corp. The
sale would go towards paying
down some of BRMS’ debt,
company spokesman Herwin
Hidayat said. — Reuters
Banks asked BoK to lower
reserve ratio — official
SEOUL: South Korean banks
requested the Bank of Korea
(BoK) to consider lowering the
reserve ratio in April as economic conditions have soured
since the ratio was lifted to 7%
from 5% in 2006, an official
from the Korea Federation of
Banks told Reuters yesterday.
The official said the request
was made to BoK governor Lee
Ju-yeol on April 25 after a regular meeting of local banks in
Seoul. The official said Lee had
said the central bank would
consider it, but there had been
no developments after the request. — Reuters
‘Bangladesh Bank officials
to meet NY Fed, Swift’
DHAKA: Bangladesh’s central bank chief will meet the
head of the Federal Reserve
Bank of New York and a senior executive from global financial messaging service
Swift next week to seek the
recovery of about US$81 million (RM323.2 million) stolen by hackers, officials in
Dhaka said. Two Bangladesh
Bank officials said the bank
believed both the New York
Fed and Swift bore some responsibility for the February
cyber heist. — Reuters
20 W O R L D B U S I N E S S
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Brazilian prosecutors sue
BHP, Vale for US$43.4b
Over mine tragedy that killed 19, wreaked environmental havoc
BY ROSA SU L L EIRO
Brazil mine tragedy
SAO PAULO: Brazilian prosecutors have filed a US$43.4 billion
(RM173 billion) lawsuit against
BHP Billiton Ltd and Vale SA over
the Samarco mine dam burst that
killed 19 and wreaked environmental havoc.
The authorities “estimate the
BRASILIA
preliminary value for repairs to be
155 billion reals (RM173.6 billion),”
MINAS
GERAIS
the public prosecutor’s office in
the state of Minas Gerais said in
a statement.
The announcement sent BHP’s
share price plummeting 9.36% to
close at A$18.79 (RM56) in Sydney,
with a fall in iron ore prices adding
to the selling pressure.
Brazilian-owned Vale and Anglo-Australian BHP, which co-own Brazilian government in March.
the Samarco iron ore facility, had
Those funds were ordered to go
already agreed to a separate set- toward compensating for social
tlement of US$6.2 billion with the and environmental damages and
Adidas hooks
struggling golf
business into
the rough
FRANKFURT: Adidas AG said
yesterday it would sell off its golf
equipment brands, as it published
“record” quarterly results showing a strong performance in the
United States, a key market for the
German sports giant.
Following a “strategic review”
of its golf business, Adidas said it
would “actively seek a buyer” for
some of its top equipment brands,
including TaylorMade, Adams and
Ashworth.
The firm said it would focus
on selling golf shoes and clothing through its Adidas Golf brand.
“Now is the time to focus even
more on our core strength in the
athletic footwear and apparel market,” said Herbert Hainer, the firm’s
chief executive officer.
The golf business has proved
to be an Achilles heel for the firm
with sales plunging amid a sharp
decline in the Russian market.
Due to the subsidiary’s poor
performance, Adidas was twice
forced to downgrade its annual
forecasts in 2014, spoiling any
boost from the Football World
Cup in Brazil.
Despite restructuring efforts,
the golf business saw sales decline
by 1.7% in the first quarter — to
€275 million (RM1.26 billion).
With the sale of the golf division,
the firm appears to be concentrating on its core brands of Adidas and fitness specialists Reebok.
— AFP
culated realistically.
The accident on Nov 5 last year
near Mariana in Minas Gerais beNovember 5, 2015
gan when a tailings dam at SamarSamarco* mine dam
co’s mine failed, unleashing the
burst killed 19, wreaked
flood of polluted water and mud
environmental havoc
into the River Doce, one of the
*Brazilian-owned Vale
most important in Brazil. A village
and Anglo-Australian
was destroyed, drinking water supBHP co-own the Samarco
plies for hundreds of thousands
iron ore facility
of people were interrupted and
damage reached as far as the river’s
mouth on the Atlantic coast, with
Bento
wildlife, tourism businesses and
Rodrigues
fishing communities all suffering.
In February, police announced
homicide charges against seven
people, including six Samarco executives — one of them the chief
executive at the time of the accident.
to be paid over 15 years.
The civil suit filed on Tuesday
But the deal was criticised by called on Samarco’s co-owners to
prosecutors, who said that the “completely” compensate for the
amount of money was not cal- disaster. — AFP
iPhone can be a handbag,
Chinese court says in Apple case
BEIJING: A Chinese court has
ruled against Apple Inc in a case
it brought against a small maker of
“iphone”-branded leather goods,
state media reported.
Manufacturer Xintong Tiandi
Technology (Beijing) Co Ltd registered the word as a trademark for
use on leather goods in 2007 and
has been producing wallets, handbags and phone cases emblazoned
with it ever since.
Apple has used the “i-” prefix
for years and spends vast sums on
marketing around the world. Its first
iPhones were produced in 2007, but
the wildly popular device was not
first officially sold in China until
2009. The firm took Xintong Tiandi
to China’s trademark commission
in 2012 and then to court, losing
the initial case the following year.
On appeal the Beijing municipal
higher people’s court ruled Apple
had failed to prove that the iPhone
brand was “familiar to the public
and widely known” in China before
the leather company registered it,
the People’s Daily newspaper, the
official mouthpiece of the Commu-
nist Party, reported on Wednesday.
As such Xintong Tiandi did not
violate the country’s trademark
law, it said.
The report came after Apple’s
iTunes Movies and iBooks service
became unavailable in China two
weeks ago, reportedly shut down
at the demand of state censors
less than seven months after they
launched in the country. It also followed Apple’s first quarterly revenue
decline since 2003 as the company
faces slowing growth in the world’s
second-largest economy. — AFP
Marchionne’s job upgrade bodes ill for Fiat
BY OLAF STO RBEC K
LONDON: If you had the choice
between driving a Fiat and a Ferrari, what would you choose? Sergio Marchionne has answered this
question in his very own way: both,
and at the same time. On Monday,
the chief executive officer of Fiat
Chrysler Automobiles took over the
same position at Ferrari SpA. The
timing is unfortunate, because Fiat
needs him more than ever.
In a way, Marchionne’s move just
ratifies the actual balance of power
at Ferrari. The luxury carmaker was
listed separately on the stock market
in October and legally spun off from
Fiat Chrysler in January. As Ferrari’s
chairman, Marchionne had been
the architect of this move and had
effectively called the shots in the
spun-off luxury brand.
Ferrari is almost certainly the
more alluring of the two jobs. Its
double-digit operating margins are
among the car industry’s highest,
and sales volumes grew 15% in the
first quarter. Despite a 19% slump
in the share price since October,
investors are valuing the stock at
22 times the next 12 months’ earnings, Thomson Reuters data shows.
That’s three to four times the valuation of most listed peers. Porsche
AG, which has grown sales volumes
by almost seven times since 1996,
may indicate the future potential.
Fiat Chrysler, on the other hand,
is one of the weaker global carmakers, facing operative challenges as
well as a feeble balance sheet. In
Europe, the world’s seventh largest
automaker is only producing an
operating margin of 1.9%, compared with at least twice as much
at rivals like Renault and Peugeot.
Sales in Latin America and Asia are
falling. Net debt shot up by 30% to
€6.6 billion (RM30 billion) at the
end of the first quarter.
Marchionne has made no secret
of his view that a merger between Fiat
and a big rival would be his preferred
next step, and that he wants to leave
Fiat when his current contract runs
out in late 2018. For the Agnelli family
that controls Fiat and Ferrari, in the
absence of a willing merger partner,
broadening Marchionne’s role might
be a way of persuading him to stay.
Other Fiat investors should hope it
works. — Reuters
IN BRIEF
Hearing-aid maker
Sonova to buy Audio
Nova to grow in Europe
BERLIN: Sonova Holding AG
agreed to buy AudioNova International BV in a deal that
values the European hearing-aid retailer at €830 million (RM3.8 billion), as the
company seeks to expand in
Europe with its biggest acquisition to date. Sonova will
have a sales network of more
than 2,580 stores in 12 countries in Europe after the acquisition, the Staefa, Switzerland-based hearing-aid
maker said in a statement yesterdayy. Sonova will acquire
Netherlands-based Audio
Nova in cash from investment
company Hal Investments BV,
following a competitive bidding process, it said on a call
with reporters. — Bloomberg
Societe Generale
unveils fresh cost cuts,
confident of 2016
PARIS: Societe Generale SA
has pledged further cost cuts
this year as it seeks to reassure
investors that its diversified
business could withstand a
weak start to the year in investment banking. France’s
second biggest listed bank
yesterday announced additional cost cuts of €220 million (RM1.01 billion) at its
global banking and investor
solutions division, in the face
of market volatility in the beginning of the year. The new
cuts take the total planned
cost savings to more than €500
million by next year. — Reuters
SABMiller agrees to
S African funds for
Coca-Cola bottle merger
JOHANNESBURG: SABMiller
plc and Coca-Cola Co agreed
with the South African government to protect jobs and
set up two 400 million rand
(RM108.5 million) development funds in order to secure
antitrust approval for the creation of bottling operations
for non-alcoholic beverages in
southern and eastern Africa.
The proposed merged entity
will maintain total permanent employment at current
levels for a period of three
years, London-based brewer
SABMiller said in a statement
yesterday. — Bloomberg
Royal Dutch Shell’s
profit slides on
lower oil prices
LONDON: Royal Dutch Shell
plc yesterday announced an
89% drop in net profit for the
first quarter (1Q), blamed on
slumping oil prices, adding
that investment would be lower than expected. Profit after
tax stood at US$484 million
(RM1.93 billion) in the January to March period, down
from US$4.43 billion in 1Q of
2015, the Anglo-Dutch energy group said in an earnings
statement. — AFP
W O R L D 21
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
North Korea to anoint ‘Great Sun’ Kim
BY PA RK C H A N- KYONG
SEOUL: North Korean state media
yesterday hailed Kim Jong-Un as
the “Great Sun of the 21st Century”
as the country made final preparations for a rare ruling party congress
seen as the young leader’s formal
coronation.
Getting ready for the rare gather-
EC to give
Turkey visa-free
travel to save
migrant deal
BY DA NN Y KEMP
BRUSSELS: The European
Commission (EC) yesterday
was to give conditional backing
to visa-free travel for more than
80 million Turks as the European Union (EU) tries to save
a controversial deal with Ankara to solve the migrant crisis.
Brussels is also set to announce further measures to
tackle the biggest influx of migrants since World War II, with
an extension of border controls
in the passport-free Schengen
zone and an overhaul of its asylum rules.
Turkey has threatened to
tear up the March agreement
to take back migrants who cross
the Aegean Sea to Greece if the
EU fails to keep its promise to
allow Turkish citizens to travel
without visas to the Schengen
area by next month.
Many EU states still have
concerns about the legality of
the deal and the human rights
situation in Turkey, and the
plan for 90-day visas must be
cleared by all 28 nations in the
bloc and the European Parliament.
The Commission is expected
to find that Turkey has achieved
only 64 of the 72 benchmarks
needed for visa-free travel,
which range from biometric
passports to respect for human rights, European sources
told AFP.
This means that it will back
the visa arrangement if Ankara
completes the so-called visa
liberalisation road map by the
end of June, the sources said.
Turkey, meanwhile, has
been rushing through laws in
recent days to meet the EU’s
requirements, although that
effort has occasionally stalled
because of a series of mass
brawls in parliament.
The new laws include making a reciprocal visa agreement
for EU nationals, including
those of Cyprus, with which
Turkey has long-standing tensions over its occupation of
the north of the Mediterranean island.
Yesterday the EU was to also
allow countries to extend border controls in the Schengen
area as a result of the migrant
crisis and recent terror attacks.
— AFP
ing — the first of its kind for nearly
40 years — has involved mobilising
the entire country in a 70-day campaign that only ended on Monday.
The congress opens tomorrow
and is expected to cement Jong-Un’s
status as supreme leader more than
four years after he came to power following the death of his father
Kim Jong-Il.
The ruling party’s official mouthpiece, the Rodong Sinmun daily, said
the coming congress was a “sacred”
event that would enshrine JongUn’s achievements, from infrastructure projects to developing submarine-launched ballistic missiles.
These were victories won, the
newspaper said, through a national
struggle against UN sanctions over
IN BRIEF
the North’s nuclear programme, the
threat posed by US-South Korea military drills and international criticism
of the North’s human rights record.
Referring to the country’s nuclear arsenal as a “precious sword”,
Rodong said the weapons were a
“treasure of all happiness that will
ensure many things in decades to
come”. — AFP
Canadian city
evacuated as huge
blaze engulfs homes
No casualties have yet been reported
BY M ARC BRAIBANT
MONTREAL: The 100,000 residents of the Canadian city of Fort
McMurray were ordered to leave
town on late Tuesday as a monster wildfire swept through the oil
sands region, in Alberta province’s
largest-ever evacuation.
No casualties have yet been reported but gas stations exploded
and a hotel and one of the town’s
many motorhome parks went up in
flames, according to local media.
The air was thick with black
smoke.
“I know that it’s a very scary
time,” Alberta Premier Rachel Notley told a press conference.
“Our focus is completely and
entirely right now on ensuring the
safety of people, getting them out
of the city and ensuring that they
are safe and secure.”
The airport was still open but
the hospital had to close.
Long lines of cars travelled
north via the main highway of
the city, while flames ravaged
the embankment on the side of
the road. Police closed the southbound lanes.
The fire, which was contained
until Monday south of Fort McMurray, was pushed towards the
city by winds of 50km per hour and
quickly reached homes, helped by
a drought in Alberta.
The province saw record tem-
Canada wildfire
All 100,000 residents
ordered to evacuate
Tuesday as fire swept
through the oil sands
region
Fort McMurray
PACIFIC
OCEAN
OTTAWA
UNITED STATES
peratures of nearly 30°C.
The fire quickly expanded, with
blazes forming in several places
and thus forcing the city’s evacuation.
Bruce Mayer, assistant deputy minister of agriculture and
forestry, said nine air tankers, a
dozen helicopters and about a
hundred firefighters were battling
the flames, with reinforcements
on the way.
Some 160 police officers were
mobilised to implement the evacuation, according to Notley.
Oil companies, crucial to the
region’s economy, set up emer-
1,000 km
gency shelters in their huge bungalow communities for Canadian
and foreign workers.
These camps have been partially deserted for the past two
years due to the drop in oil prices and the thousands of lay-offs
that followed.
Prime Minister Justin Trudeau
said he had called Notley to offer
federal aid to the province.
Notley said she was seeking
airlift operation capability from
the federal government.
A more limited alert earlier saw
authorities evacuate 30,000 people. — AFP
Gang rape in Indonesia sparks reform calls
JAKARTA: Indonesian activists
called yesterday for the government to urgently strengthen
laws against sexual violence after
the brutal gang rape and murder of a 14-year-old girl sparked
outrage.
The teenager was on her way
home from school in a small village on the main western island
of Sumatra when she was allegedly set upon by a drunk gang of
men and boys.
Her battered body was found
three days later in woods, tied
up and naked, according to local
media reports. There were allegedly 14 perpetrators, and 12 have
so far been arrested.
The crime took place in early
April but anger has only grown
in recent days as reports of the
incident went viral on social
media.
President Joko Widodo added
his voice to the chorus of condemnation yesterday, tweeting:
“We all mourn for this tragic loss
... Girls and children need to be
protected from violence.” — AFP
As Trump becomes
presumptive nominee,
China urges objectivity
BEIJING: China yesterday urged
people in the United States to
take a rational and objective
view of the relationship between the two countries, after
Republican front runner Donald
Trump became the party’s presumptive presidential nominee.
Trump has proposed that tariffs
on imported Chinese goods be
increased to up to 45% and asserted that China had waged
“economic war” against the US,
taking American jobs. China is
the US’ largest trading partner.
Asked whether China was worried at the prospect of a Trump
presidency, after his commanding win in Indiana and as top
rival Ted Cruz bowed out of the
race, foreign ministry spokesman Hong Lei said the election
was as internal affair he could
not comment on. — Reuters
Three Red Cross workers
kidnapped in Congo by
suspected rebels
KINSHASA: Three Red Cross
staff members have been kidnapped in eastern Congo in an
attack blamed by a rights group
on Rwandan rebels. The abductions were confirmed on Tuesday in a tweet from Dominik
Stillhart, the Red Cross director of operations, who added:
“We’re doing everything we can
to bring them back home safely.” The Congo-based Centre
of Studies for the Promotion
of Peace, Democracy and Human Rights said the three were
drivers from Goma in the east
of the country. Their vehicles
were abandoned at the site of
the kidnappings, it said. It said
the culprits were believed to
be members of the Rwandan
rebel group, Democratic Forces for the Liberation of Rwanda
— Reuters
Saudi carries out 90th
execution of the year
RIYADH: Saudi Arabia executed a citizen convicted of
murder yesterday taking to 90
the number of people the ultra-conservative Muslim kingdom has put to death this year.
Mufreh al-Harissi was found
guilty of stabbing to death a
fellow Saudi during a dispute,
the interior ministry said in
a statement published by the
official SPA news agency. The
sentence was carried out in
the southwestern Jazan region.
Most people put to death in
Saudi Arabia are beheaded with
a sword. — AFP
Ferocious fighting in
Syria’s Aleppo
ALEPPO: Fierce clashes raged
overnight on the edges of Syria’s
second city, Aleppo, after a major rebel offensive, an AFP correspondent said yesterday. A
coalition of opposition groups
fighting under the name “Fatah Halab” — or Aleppo Conquest — launched the assault
on President Bashar al-Assad’s
forces with a tunnel bomb on
Tuesday. — AFP
22
live it!
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
T HU
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
VIVE LA FRANCE
What to look forward to with
the Le French Festival 2016
BY HANNAH M ER ICAN
F
rancophiles, rejoice! The Le French Festival 2016 (LFF) is back once again this
May and June, presenting the best of
French art and culture. Organised by
the Alliance Francaise and Embassy of
France, the festival will feature a wide
range of events around the themes of film, music,
art and gastronomy. With a growing number of participants every year, the programme has been substantially expanded. Here are some of the highlights.
FILM
French Film Festival with Golden Screen Cinemas
May 12 to 29 (Kuala Lumpur)
GSC Pavilion Kuala Lumpur, GSC Mid Valley
Megamall, GSC Nu Sentral KL and GSC 1 Utama
June 2 to 12 (Penang)
GSC Gurney Plaza
www.gsc.com.my
Film buffs will be glad to know that LFF will screen
14 recent French film releases. Ranging from comedies and animated films to dramas, this year’s
theme focuses on film adaptations of popular novels. Among the films featured this year include The
Belier Family (La Famille Belier), The Princess of
Montpensier, The Little Prince (Le Petit Prince), the
comedy Caprice and the spy-spoof OSS 117, Lost in
Rio (OSS 117, and Rio ne Repond Plus). All films are
screened in French with English subtitles. Tickets
are available for purchase via the GSC website, or
directly at the cinema’s box office.
An Evening with Melanie Thierry
May 19 (7.30pm)
GSC Pavilion Kuala Lumpur
www.gsc.com.my
Cheers with his friend, and showcases the euphoric
party era of early 1990s Paris when raves dominated
the nightlife scene. Depicting the reckless youth of
Paul, the film is directed by Mia Hansen-Løve and
Mixology Workshop
based on her brother Sven. The film screening will
May 28 (8.30pm) at Como, TREC Kuala Lumpur be accompanied by French electro music and DJ
sets for a full experience.
Cooking Atelier with Martell Cognac
June 3 (7.30pm) at Alliance Francaise Kuala Lumpur, Fête de la Musique
Lorong Gurney, Kuala Lumpur
June 18 (5pm)
[email protected]
The Square, Publika Kuala Lumpur
Martell has teamed up once again with some of www.lefrenchfestival.com.my
the best restaurants and hotels in Kuala Lumpur In conjunction with the Euro Cup 2016, LFF will
for special food pairing and tasting sessions, which be partnering with Publika to celebrate the icongives participants a chance to discover cognac, ic Fête de la Musique this June. This marks as a
champagne and cocktails paired together with special year for France, as it will be the host of the
delicious food. Admission is free but reservations event from June 10 to July 10.
are necessary and must be done by email.
This year’s Fête de la Musique will feature over
10 musical acts who will be performing on The
Square’s central stage. Acts include French singer
MUSIC
Mathilde Limal with band Bechamel Mucho and
Accoustic Concert with French singer/
up-and-coming Malaysian rapper SonaONe, who
is also coincidentally half French. The line-up will
songwriter Raphael
also include the Chanson Francaise opera, singer
May 20 (8.30pm)
MATIC, Jalan Ampang, Kuala Lumpur
Priscilla Xavier and Brendan De Cruz.
www.ticketpro.com.my
Fête de la Musique is open and free to all attendRM45, RM53
ees, who will also be able to enjoy a live screening
of the Euro Cup 2016 Iceland vs Hungary match.
There will be also be food and beverage stalls set
up for a weekend of song and dance.
Martell Cognac Tasting
June 9 (7.30pm) at Elegantology, Publika,
Solaris Dutamas, Kuala Lumpur
THE ARTS
Autarcie (…) by Compagnie Par Terre
May 21 (8.30pm)
KLPac, Jalan Strachan, off Jalan Ipoh, Kuala Lumpur
www.ticketpro.com.my/autarcie
RM35, RM45
Don’t miss out on the chance to catch singer
songwriter Raphael perform at his one-night only
acoustic set this month in Kuala Lumpur. On his
debut Asian tour, Raphael will bring the sounds of
his 10th album, Sleepwalkers (Somnambules), to a
one-night only acoustic set. Raphael has achieved
much success with his album, Caravane, which
topped the French and European charts. Known
for social and political themes in his lyrics, Raphael
will be accompanied by a local children’s choir at
this special unplugged concert.
French Touch Night
May 28 (10pm)
Como, TREC Kuala Lumpur
www.lefrenchfestival.com.my
French actress Melanie Thierry, who is the star of
The Princess of Montpensier, will be hosting a Q&A
session along with the screening of the film. Thierry, who will be in town with her husband Raphael
Haroche, won the Best Actress award at the 2010
Cesar awards in France for this title role. The Q&A
session will give Thierry the chance to share her
experiences of playing the title role in the historical drama, which is set in 16th-century France.
The event is open to members of the public and
tickets can be obtained online on the GSC website.
GASTRONOMY
Mumm Champagne Tasting
June 1 (7.30pm) at Neo Tamarind,
Jalan Sultan Ismail, Kuala Lumpur
June 7 (7.30pm) at Ritz Carlton, Jalan Imbi,
Kuala Lumpur
C
Known as one of the biggest contributors to the
global house music scene, there is no doubt that the
French know how to throw a party. As part of the
festival, there will be a special screening of Eden, at
one of Kuala Lumpur’s newest nightspots no less. The
film is based on a true story about protagonist Paul
and his love of house music. He forms the DJ duo
The fast-paced Autarcie (…) brings together four
dancers who alternate between forward-facing
dance moves and free digression. The dance combines two hip-hop dance specialities — breakdancing and popping — for a warrior dance directed at
the audience. The dance tribe will perform amid
the pulsating, unbridled rhythms of organic percussion beats. The performance is choreographed
by Anne Nguyen, the accomplished founder of the
Par Terre Company, which is known for hip-hop
and contemporary dance performances.
Yves Saint Laurent, La Naissance d’une Légende
June 1 to 25
Galeri Petronas, level 3, Suria KLCC
10am to 8pm (daily)
The life and times of legendary fashion icon Yves
Saint Laurent is told through photographs captured by Pierre Boulat. The exhibition will feature
49 black-and-white photographs of the designer
and his long-time partner Pierre Bergé, taken over
the course of over 30 years. It will offer a glimpse of
the designer’s life and his role as designer at Christian Dior and a behind-the-scenes look backstage.
The exhibition is free to members of the public.
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live it! 23
T HURSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
MUSIC
BY M AE CHAN
PICK OF THE DAY
Celestial voices
IF you haven’t decided where to take your mum for the
upcoming celebration this weekend, Nobu Kuala Lumpur’s Mother’s Day Omakase special may just be the solution for you. Pamper your mother with a hearty Japanese
meal, while enjoying an exquisite view of the city as you
spend some quality time together. The menu comprises a
delectable seven-course meal that brings to life the Peruvian influences within Nobu’s signature Japanese dishes,
specially designed by executive chef Philip Leong together
with his team. It includes assorted sushi, seared salmon
with beetroot and cilantro dressing, matsuhisa cabbage
steak with shrimp, grilled beef tenderloin and manuka
honeycomb and valrhona flexi ganache for dessert. The
Mother’s Day Omakase special is available exclusively for
dinner at Nobu Kuala Lumpur, Level 56, Menara 3 Petronas, KLCC from tomorrow to Sunday, and is priced at
RM398++ per person. Visit www.noburestaurants.com
for enquires, reservations and more.
(From left) Yap, Tan and Ang.
FOR one night only tonight, three of Malaysia’s prominent classical sopranos will take the stage together
for the first time. Cecilia Yap, Tan Khar Gee and Ang
Mei Foong will perform in Viva Opera’s Stelle (which
means “stars” in Italian), accompanied by distinguished pianist Ng Chong Lim, an alumnus of the
Royal College of Music in London.
In a mixed-language repertoire, the sopranos will
be performing well-loved arias such as Puccini’s
Tosca, Macbeth and Il Trovatore by Verdi, Lucia di
Lamermoor by Donizetti, Bizet’s The Pearl Fishers,
and more by the likes of Lehar, Rossini and Vivaldi.
Apart from that, there will also be Chinese, French
and Italian art songs, along with local compositions.
Considered the current prima donnas of Malaysia’s opera scene, the three sopranos each have
a distinctive tone. Described as a singer with dramatic flair and refined expression, Ipoh-born Yap
is a spinto-lirico soprano with a traditional Italian
powerful vocal style. She spent eight years in Italy
as she studied at the Santa Cecilia Conservatoire as
well as under renowned sopranos such as K S Ann
Personal
ASSISTANT
CO MPI L ED BY SHALINI YEAP
WORK. LIFE. BALANCE
Saldarelli, Lorraine Nawa Jones Marenzi, and acclaimed operatic director Marcello Ferroni, and now
lectures and performs around the world.
A fellow graduate of the Conservatoire, Ang is also
an alumni member of the National Taiwan Normal
University and the University of Melbourne. Based
in Malaysia, Ang’s voice is described as having a
“warm and pure timbre”, as she dabbles in her love
for contemporary music, including starring roles in
musicals, and notably played roles of Carmen and
Mercedes in Bizet’s Carmen with the Malaysian Philharmonic Orchestra.
A skilled coloratura soprano, Tan holds Masters degrees both from the Conservatory of China and the Accademia Lirica Italiana under the tutelage of renowned
tenor Pier Miranda Ferraro, and well-known tutor Roberto Negri from Milan’s Teatro Alla Scala. She’s also performed extensively in China, Italy and the Asia-Pacific.
Stelle will be held at the Experimental Theatre,
Universiti Malaya, Kuala Lumpur. Tickets are priced
at RM100, RM120 and RM150. For more information,
call (012) 331 6388.
MALAYSIAN artist Sun Kang Jye’s
Words Become
Ar t exhibition
takes place at the
Wei-Ling Gallery
throughout this
month. The exhibition will feature artworks on
canvas and paper, focusing on
the reimagining of Bible scripture. Driven
by his love of the Bible, Sun is inspired by
his reflection on its content, turning them
into works of art using Chinese characters.
His artworks makes reading of the Bible not
just an act of reasoning and meditation, but
an artistic appreciation. View the artworks
between 11am and 7pm today at the WeiLing Gallery, 8 Jalan Scott, Brickfields, Kuala
Lumpur. Visit www.weiling-gallery.com or
call (03) 2260 1106 for more.
FANS of the Singaporean art rock band The
Observatory’s can catch the screening of
their documentary titled The Obs: A Singapore Story tonight. The screening will be
followed by a live music showcase of their
latest record, August is the Cruellest. Make
your way to The Bee at Publika, 36, Block C,
Level G2, Publika, Solaris Dutamas, Jalan
Dutamas 1, Kuala Lumpur for the 7.30pm
screening. Tickets are priced at RM50 when
purchased ahead of time on www.peatix.
com, or RM60 at the door. Visit www.facebook.com/TheBeeMY, or call (03) 6201 8577
for more details.
FOR a quick and satisfying lunch, head to Senja for its business lunch set menu. Pick and
customise three dishes to enjoy a set lunch
for RM60 nett, which will be served within
an hour. Select dishes like seafood risotto in
livorno sauce and lemon confit, linguine with
tomato sauce, black olives, capers, basil and
chilli, and slow-cooked lamb shank tortino
wrapped in baby lettuce with red wine sauce.
Senja is located at The Saujana Hotel Kuala
Lumpur, Jalan Lapangan Terbang SAAS, Shah
Alam. Visit www.shr.my/the-saujana-hotel,
or call (03) 7843 1234 for reservations and
more information.
24 F E AT U R E
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
Defining sales and marketing
Reclaiming distinctions by building the right combination of the two
BY D R B RI A N KM W ONG
M
y recent article
on “The human
face of marketing” published
in The Edge Financial Daily on
April 21, 2016 provoked readers
into rethinking the true underlying
meaning of marketing.
Negative perceptions of the
marketing profession often pour
in when it relates to sales. Personally, I was once denied a conference
pass into a corporate governance
event as my profession bears the
word “marketing.”
When probed further, the organiser explained that they had had
a negative experience with marketers — who tended to use their
platform to promote and hard sell
their products. Again, specifically,
there is a clear distinction between
sales and marketing.
Generally, we know that these
two functions are different, but is
there a clear distinctive line between
these two? I have realised that commonly, companies have one person
to do both the sales and marketing
functions — as they believe that the
work requirements are similar, if not
the same. In fact, in many smaller scale companies, the marketing
function may not exist at all.
To really understand the clear line
between these functions, I would like
to question the meaning of the words
sale and marketing respectively. It
may sound elementary, but trust me,
there are many confusions in this
instance due to a lack of basic understanding of the words themselves.
Etymologically, the word sale
means “an act of selling”. In fact, the
word sale associated with a person
only appeared in the 1900s when the
word sales representative and sales
associate were introduced. On the
other hand, the word market was introduced as early as the 12th century
with several interpretations related
to “to trade, deal in, buy, wares, merchandise, and possibly referring to
various aspects of economics.” In a
nutshell, it is defined as “a meeting
at a fixed time for buying and selling
livestock and provisions.”
The word marketing was later introduced in the 1560s as a verb, interpreted as “buying and selling”. The
interpretation evolved to “produce
bought at a market” in the 1700s,
and in 1897, the business element
was considered and reinterpreted
as a “process of moving goods from
producer to consumer with emphasis on advertising and sales”.
From here, we can deduce that
the marketing function is to connect the buyer and the seller, thus
creating a marketspace. The sale is
an element of marketing, but not
the same function though.
Marketing is the activity,
set of institutions, and
processes for creating,
communicating,
delivering, and
exchanging offerings that
have value for customers,
clients, partners, and
society at large. — AMA
These etymological interpretations have evolved — in our modern world — to such as:
(1) Marketing is the management
process responsible for identifying,
anticipating and satisfying customer
requirements profitably. (Chartered
Institute of Marketing, CIM)
(2) Marketing is the activity, set of
institutions, and processes for creating, communicating, delivering,
and exchanging offerings that have
value for customers, clients, partners, and society at large. (American Marketing Association, AMA)
(3) Marketing is the science and
art of exploring, creating, and delivering value to satisfy the needs of a
target market at a profit. Marketing
identifies unfulfilled needs and desires. It defines, measures and quantifies the size of the identified market
and the profit potential. It pinpoints
which segments the company is capable of serving best and it designs
and promotes the appropriate products and services. (Marketing guru
Professor Dr Philip Kotler)
While the modern definitions
of marketing are quite different
from the etymological interpretations, it is still debatable, leaving
no universal definition for us to
conclude. Nevertheless, we know
what a marketer needs to do rather than just merely encouraging
people to buy a product or service.
Marketing involves a set of skills
— to identify unresolved problems
the customers have, to understand
its own company’s capabilities, to set
the company’s overarching direction.
It also requires the capability to
explore, create, and deliver value to
the stakeholders. To do so, it needs
the ability to understand both the
buyers and the sellers through the
human lens and not merely a resource for one to tap.
These capabilities can only be
nurtured through several encounters with the people in the marketspace, which then build up to what
we call experience. Special training
can further enhance the experience,
though it may or may not involve
a high level of education.
Companies which have a limited budget for hiring different personnel to perform sales and marketing functions will first need to
understand that the functions are
indeed different.
When searching for that one
person, such companies will probably need to go through a trial and
error process until they find the
4.98
128.98
correctly formulated superman.
Perhaps, companies should
consider investing in developing
a marketing team — tasked with
creating a proper marketspace for
the company to interact with the
potential buyer which reduces the
burden of the sales representative
in having to perform cold calls.
Companies which already have
an independent marketing team
should start to revisit their marketing function and integrate it
into the corporate strategy. In most
cases, the marketing team acts as
the driver, leading the company’s
capabilities toward the customers’
pain points and solve them.
In this ever-changing and competitive marketplace, the marketer
needs to be recent and able to prepare a conducive marketspace for
the sales people to clinch a deal.
It is not just about profit, the 4Ps
(product, price, place, promotion),
and selling blindly to the market,
but a communication concept that
bridges two parties (the seller and
the buyer). Without a proper connection, companies are risking high
overhead costs and failures.
One thing is common, though,
whether it is a sale or a marketing
function, both are dealing with humans and this requires the ability
to speak the right language.
The human face remains a requirement regardless of the sale and
marketing functions in a company.
A carefully crafted combination of
sales and marketing is vital for successful business growth.
Dr Brian KM Wong (brian@putrabs.
edu.my) is a marketing specialist
at Putra Business School, formerly known as the Graduate School
of Management, Universiti Putra
Malaysia. He is also a change agent,
specialising in marketing, strategy,
and management.
Markets 2 5
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
BURSA MAL AYSIA MAIN MARKET
Bursa Malaysia
YEAR
HIGH
Sectorial Movement
INDICES
CLOSE
+/-
%CHG
INDICES
CLOSE
+/-
%CHG
1.96
KLSE COMPOSITE
1,657.58
6.14
0.37
TECHNOLOGY
20.76
0.40
KLSE INDUSTRIAL
3,165.07
31.03
0.99
FTSE BURSA 100
11,252.09
47.61
12,950.18
76.13
0.59
0.42
CONSUMER PRODUCT
580.17
3.94
0.68
FTSE BURSA MID 70
INDUSTRIAL PRODUCT
141.90
0.26
0.18
FTSE BURSA SMALL CAP
15,336.23
82.59
0.54
CONSTRUCTION
285.02
4.04
1.44
FTSE BURSA FLEDGLING
15,815.94
64.82
0.41
TRADE & SERVICES
224.59
1.03
0.46
FTSE BURSA EMAS
11,554.71
49.72
0.43
14,445.31
35.99
0.25
FTSE BUR M’SIA ACE
5,656.25
37.61
0.67
KLSE PROPERTY
1,166.44
-1.10
-0.09
FTSE BUR EMAS SHARIAH
12,117.39
28.63
0.24
KLSE PLANTATION
7,621.22
0.13
Unch
FTSE BUR HIJRAH SHARIAH
13,571.62
37.15
0.27
490.39
-4.06
-0.82
FTSE/ASEAN 40
8,861.52
-106.05
-1.18
KLSE FINANCIAL
KLSE MINING
Bursa Malaysia Main Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.745 0.550 0.715
4.334 3.400 3.980
12.060 5.327 11.980
0.480 0.220
—
6.320 4.052 5.900
2.400 1.150
—
5.299 2.977 4.200
64.898 40.700 47.600
0.090 0.040 0.045
1.086 0.590 0.600
1.870 0.880 1.590
0.660 0.427 0.520
0.420 0.230 0.275
13.390 10.731 12.600
1.310 0.720 1.200
2.925 2.350 2.390
1.970 0.454 1.220
3.290 1.670 2.720
0.085 0.035
—
2.417 1.222 2.080
1.369 1.010 1.350
0.175 0.065 0.095
0.075 0.040 0.050
0.963 0.785 0.880
54.000 40.020 52.920
0.165 0.065 0.105
0.265 0.105 0.120
0.280 0.165
—
0.460 0.190 0.290
2.620 1.693
—
0.325 0.225 0.230
0.940 0.640
—
23.500 16.745 22.460
0.940 0.475
—
1.359 0.990 0.990
1.220 0.360 1.050
0.966 0.553 0.780
1.640 0.720 1.050
2.760 2.070 2.620
1.200 0.930
—
0.175 0.040 0.050
15.180 11.735 15.000
7.550 4.307 7.550
1.196 0.860 0.895
0.533 0.391 0.425
5.280 2.850 4.020
1.416 0.819 1.310
0.480 0.340 0.445
3.102 1.816 1.930
1.420 0.623 0.960
1.170 0.450
—
3.160 2.427 2.550
3.965 1.804 3.180
0.265 0.025 0.050
0.935 0.560
—
2.632 1.742
—
1.200 0.920 1.030
0.115 0.045 0.050
8.100 5.160 5.600
9.700 2.950 9.220
0.405 0.130 0.405
0.405 0.215 0.285
2.917 2.010 2.430
0.925 0.700 0.780
2.343 1.422 1.540
4.585 2.017 4.230
0.150 0.020 0.035
1.490 1.141 1.240
1.120 0.810 0.920
1.368 1.080 1.150
5.226 4.507 4.900
0.140 0.030 0.035
1.650 1.100 1.390
76.900 68.737 74.680
2.800 2.186 2.700
0.200 0.080 0.125
0.370 0.220 0.285
1.079 0.614 0.960
0.580 0.460 0.490
2.518 1.841 2.300
7.728 6.368 6.930
2.240 1.214 2.210
30.200 19.941 29.200
0.785 0.600
—
0.370 0.200
—
0.885 0.275 0.660
1.200 0.725 0.765
0.325 0.175 0.285
0.580 0.402 0.510
2.099 1.410 1.530
16.980 14.244 16.100
0.614 0.458
—
2.698 1.643 1.950
1.470 0.945 1.420
2.931 1.615 2.120
4.650 3.662 4.410
1.690 1.340 1.510
1.450 1.190 1.270
0.546 0.270 0.310
1.000 0.480 0.985
1.430 0.500 0.670
0.120 0.055 0.065
2.450 0.890 1.780
1.546 0.771 1.020
0.065 0.040
—
2.750 1.671 2.590
1.520 0.730 1.180
0.745 0.365 0.570
0.460 0.280
—
3.086 2.200 2.220
1.300 0.355 1.230
1.942 1.040 1.310
1.610 1.184
—
0.575 0.445
—
0.475 0.170 0.455
10.626 6.250 6.500
2.430 1.530 2.150
0.860 0.430 0.800
0.098 0.035 0.045
0.670 0.345
—
0.630 0.260 0.295
2.410 1.430 2.270
0.555 0.190 0.545
1.147 0.799
—
3.490 1.517 2.320
2.084 1.354 1.450
INDUSTRIAL PRODUCTS
1.236 0.883 1.050
0.170 0.095
—
0.640 0.470 0.515
0.450 0.270
—
1.070 0.835 0.840
2.454 1.850 1.980
* Volume Weighted Average Price
DAY
LOW
0.690
3.870
11.600
—
5.880
—
4.120
42.900
0.045
0.590
1.560
0.510
0.275
12.420
1.160
2.350
1.210
2.680
—
2.050
1.300
0.090
0.045
0.880
52.800
0.095
0.115
—
0.280
—
0.225
—
22.180
—
0.990
1.040
0.775
1.020
2.620
—
0.050
14.820
7.420
0.875
0.415
4.020
1.300
0.440
1.930
0.960
—
2.440
3.100
0.050
—
—
1.030
0.045
5.500
9.200
0.380
0.275
2.280
0.770
1.490
4.170
0.020
1.220
0.900
1.150
4.900
0.030
1.390
74.500
2.700
0.115
0.275
0.945
0.490
2.300
6.860
2.140
29.000
—
—
0.615
0.765
0.280
0.510
1.460
15.940
—
1.890
1.400
2.050
4.360
1.510
1.250
0.295
0.940
0.625
0.060
1.730
0.995
—
2.550
1.180
0.565
—
2.200
1.200
1.280
—
—
0.445
6.400
2.130
0.780
0.035
—
0.285
2.210
0.540
—
2.290
1.450
1.030
—
0.505
—
0.835
1.890
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)
0.710
3.970
11.980
0.220
5.880
1.200
4.130
46.800
0.045
0.595
1.580
0.515
0.275
12.600
1.200
2.360
1.210
2.720
0.040
2.080
1.340
0.095
0.050
0.880
52.920
0.105
0.120
0.195
0.290
2.100
0.230
0.800
22.180
0.680
0.990
1.040
0.780
1.050
2.620
1.110
0.050
14.860
7.530
0.890
0.420
4.020
1.300
0.445
1.930
0.960
0.670
2.440
3.170
0.050
0.770
2.150
1.030
0.045
5.600
9.220
0.400
0.285
2.420
0.780
1.520
4.220
0.025
1.220
0.900
1.150
4.900
0.035
1.390
74.500
2.700
0.120
0.285
0.960
0.490
2.300
6.860
2.180
29.200
0.715
0.280
0.660
0.765
0.280
0.510
1.530
16.100
0.505
1.920
1.410
2.080
4.400
1.510
1.270
0.305
0.980
0.645
0.065
1.780
1.020
0.050
2.580
1.180
0.570
0.330
2.220
1.220
1.300
1.460
0.520
0.455
6.450
2.130
0.780
0.045
0.455
0.290
2.270
0.540
0.910
2.320
1.450
1.040
0.095
0.510
0.270
0.835
1.900
+/–
(RM)
VOL
(‘000)
0.005
242.8
-0.010
223.3
0.280
138.2
—
—
-0.020
10.5
—
—
-0.070
16.6
3.800 1589.7
0.005
50
0.005
532.4
UNCH
156.3
-0.005
16.5
-0.005
21.8
-0.120
104.2
0.040
44.9
-0.010
186.4
-0.020
54.8
0.020
28
—
—
0.040
23
UNCH
42.6
UNCH
909.8
0.005 1588.3
UNCH
0.1
0.020
2.7
0.005 1496.4
UNCH
13117
—
—
0.010
375.9
—
—
UNCH
69.3
—
—
-0.220
677.7
—
—
UNCH
1.2
-0.020
98.1
0.005
85.5
0.030
59.3
UNCH
0.2
—
—
UNCH
4
0.020
24.4
0.130
180.5
0.015
418.6
0.005
429.6
0.100
1
-0.010
163.2
0.005
12
-0.010
6
-0.010
26
—
—
-0.130 3911.1
0.020
138
-0.010
4
—
—
—
—
UNCH
29.2
-0.005
130.2
0.070
29.1
0.020
6
0.005 2252.2
0.005
327.2
0.070
456.8
UNCH
35
UNCH
56.1
-0.010
60
-0.010 9659.2
-0.010
101.6
-0.045
7.9
-0.050
4
-0.060
192
0.005 8431.1
UNCH
3.5
-0.400
113
UNCH
12.5
UNCH 2443.2
0.005 2544.6
0.010
92.8
UNCH
188.9
UNCH
50
UNCH
163.6
UNCH 2670.8
0.700
0.7
—
—
—
—
-0.025
5.3
UNCH
14
UNCH 1370.1
-0.010
30
0.070
263.8
-0.060 1476.6
—
—
0.030
115.2
0.010
54.8
-0.040
111.3
0.040
554.2
0.010
0.3
0.020
79
0.005 2051.9
0.025
140.8
-0.010 40745.1
0.005 6860.8
0.040
13.6
0.010
414.6
—
—
-0.010
3.5
UNCH
5
0.005
434.2
—
—
0.010
158.7
0.010 1518.3
0.010
121.7
—
—
—
—
0.015
303.4
-0.020 1834.5
-0.010
5.2
UNCH
144.6
UNCH 12850.4
—
—
-0.005
406
0.010
93.4
UNCH
121.2
—
—
0.020
6.8
UNCH
15
0.010
—
UNCH
—
-0.005
-0.080
191.1
—
96.7
—
13
241.8
# PE is calculated based on latest 12 months reported Earnings Per Share
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.706 13.08
3.966 13.58
11.811 18.26
—
—
5.895 13.61
—
—
4.125 10.87
45.821 15.86
0.045
—
0.596 13.77
1.574 14.96
0.510
5.72
0.275
7.31
12.504 17.84
1.167 13.45
2.356 10.69
1.214
6.68
2.690 17.20
—
—
2.067 14.54
1.327 14.06
0.095
2.09
0.045
—
0.880 10.21
52.865 21.45
0.100
—
0.118
—
—
—
0.284
4.14
— 44.59
0.228 26.74
—
—
22.207 22.43
—
—
0.990 34.02
1.044 13.83
0.779 12.06
1.024 21.97
2.620 14.60
—
—
0.050
—
14.879 18.04
7.499 10.50
0.886
9.48
0.419 15.67
4.020
8.41
1.307 19.01
0.443 296.67
1.930
9.23
0.960
7.55
—
4.82
2.463 31.24
3.146 19.12
0.050
—
— 14.45
— 13.93
1.030 23.73
0.045
—
5.538
6.16
9.217 23.94
0.395
—
0.282
9.60
2.365
7.56
0.773
8.38
1.507 10.26
4.217
8.60
0.024
—
1.230 32.02
0.901 152.54
1.150 15.91
4.900 12.51
0.030
—
1.390 21.75
74.571 28.02
2.700 10.54
0.120
—
0.280 29.38
0.955 17.55
0.490
—
2.300 18.96
6.864 16.25
2.153 13.08
29.086 13.20
— 26.58
— 20.74
0.618
—
0.765
—
0.282 24.14
0.510 36.17
1.499
7.23
16.017 18.15
— 18.23
1.922
8.86
1.402 15.93
2.096 10.93
4.391 27.41
1.510 22.40
1.251 20.52
0.304
—
0.956 28.00
0.646
—
0.062
—
1.747
6.59
1.009
9.66
— 45.45
2.560 13.07
1.180 245.83
0.567 10.44
—
—
2.220 19.35
1.214 14.49
1.304
8.95
— 22.29
—
—
0.449 16.61
6.429
—
2.145
8.81
0.785
9.09
0.040 23.68
— 43.75
0.289
0.88
2.252 12.93
0.544
—
—
7.65
2.306 10.72
1.450 14.02
3.52
2.77
1.67
—
4.25
0.42
3.87
6.18
—
3.16
—
1.94
—
5.71
2.50
4.03
1.65
—
—
3.55
7.46
—
—
1.70
1.89
—
—
—
—
3.10
—
—
2.59
—
1.52
0.96
8.97
—
0.76
3.60
—
4.78
4.25
4.49
2.38
—
3.08
—
4.15
4.17
—
0.68
0.79
—
—
3.26
—
—
2.14
—
—
—
4.68
—
3.29
1.90
—
3.28
—
2.61
5.31
—
0.96
3.22
4.07
—
1.75
0.83
—
2.17
2.62
4.59
1.71
3.50
—
—
—
—
1.96
2.61
1.55
2.48
1.48
4.26
3.85
0.97
—
1.57
—
—
—
—
5.62
4.90
—
1.94
—
—
—
2.25
0.82
2.69
5.14
1.92
—
3.10
4.23
3.85
—
—
6.31
1.54
—
4.40
2.80
4.14
126.3
465.1
728.4
11.0
470.4
94.9
790.1
13,362.8
22.4
479.7
271.2
41.2
53.4
3,881.8
189.2
658.3
50.9
440.6
26.7
475.9
161.5
118.1
39.3
117.9
3,386.9
61.7
37.4
32.8
27.8
148.6
55.9
35.5
8,135.1
41.5
247.5
87.0
192.9
504.2
1,599.9
505.5
23.4
4,489.2
2,469.1
267.0
341.3
348.3
1,040.0
33.3
169.9
131.8
55.0
2,445.8
746.1
3.4
77.0
86.1
136.4
12.0
544.4
553.0
26.4
47.8
435.6
145.5
197.8
686.7
10.0
671.3
49.0
69.9
3,444.6
21.2
321.9
17,470.3
202.9
36.3
67.9
1,078.3
103.9
552.0
4,255.9
1,434.2
1,773.8
86.4
19.6
39.6
423.3
216.5
209.3
347.0
19,086.5
50.5
229.2
109.7
632.5
5,491.3
93.1
354.8
36.6
117.6
68.4
33.9
89.0
244.8
98.7
398.5
172.1
348.8
26.4
1,491.8
387.5
390.0
59.5
72.1
106.4
7,535.5
169.5
124.8
121.3
33.1
140.7
424.5
67.5
145.6
312.3
667.0
1.35
—
—
—
—
6.32
409.3
25.1
75.1
59.0
127.6
39.0
1.041
—
0.510
—
0.836
1.915
20.39
—
—
9.03
39.20
13.01
YEAR
LOW
DAY
HIGH
DAY
LOW
0.170 0.100 0.105
0.100
0.465 0.325
—
—
0.400 0.260 0.325
0.325
4.790 2.200 3.290
3.250
0.505 0.110 0.150
0.150
0.850 0.610 0.850
0.840
0.475 0.335 0.360
0.360
1.260 0.620 1.150
1.100
0.360 0.120 0.235
0.225
1.520 1.033
—
—
5.025 3.730 3.900
3.900
0.730 0.382 0.680
0.660
0.819 0.543 0.630
0.625
0.745 0.500
—
—
1.660 0.510 1.660
1.580
2.480 1.560
—
—
0.795 0.285 0.610
0.580
0.140 0.090 0.110
0.110
1.552 0.975 1.000
0.975
3.100 2.150 2.480
2.480
1.985 0.777 1.490
1.440
0.520 0.285 0.310
0.310
0.295 0.175
—
—
0.455 0.150 0.215
0.215
5.170 2.000 4.190
4.080
0.286 0.055 0.060
0.055
2.350 1.576 2.230
2.200
1.100 0.846 0.980
0.980
1.690 1.150 1.600
1.560
2.560 1.380 1.690
1.600
1.500 1.140
—
—
2.284 1.234 1.730
1.670
1.688 1.340 1.560
1.500
1.230 0.640
—
—
0.090 0.040 0.045
0.045
5.977 3.730 3.930
3.730
0.510 0.160 0.190
0.185
3.051 1.423 1.610
1.590
0.910 0.200 0.690
0.650
1.000 0.670 0.760
0.735
1.450 0.880 1.440
1.420
1.008 0.630
—
—
0.440 0.275
—
—
2.398 1.621 2.080
2.070
0.475 0.225 0.370
0.360
0.308 0.170 0.215
0.215
0.635 0.250 0.340
0.335
0.510 0.331
—
—
0.920 0.660 0.680
0.670
1.536 1.091 1.140
1.130
1.837 0.940 0.965
0.940
0.675 0.250 0.500
0.485
1.260 0.406 0.850
0.815
1.600 1.000 1.170
1.170
0.410 0.190 0.380
0.330
0.793 0.591 0.600
0.595
1.683 0.995 1.100
1.080
1.560 0.600 0.950
0.910
1.176 0.918 1.040
1.020
3.210 2.274 2.710
2.680
0.835 0.347 0.500
0.490
2.686 1.977
—
—
3.090 1.174 2.170
2.120
1.645 1.370
—
—
2.970 0.650 1.540
1.480
0.075 0.040 0.050
0.045
0.390 0.200
—
—
0.135 0.080
—
—
0.565 0.285
—
—
0.312 0.173 0.265
0.245
0.135 0.070 0.095
0.095
1.080 0.865 0.880
0.865
0.750 0.320 0.515
0.500
6.124 4.020 4.200
4.020
3.500 2.890 3.210
3.210
1.790 1.110 1.250
1.210
0.985 0.706 0.885
0.875
0.525 0.200 0.495
0.445
0.905 0.130 0.185
0.175
1.800 0.934
—
—
0.990 0.530 0.760
0.720
0.430 0.310
—
—
0.100 0.025 0.035
0.030
4.030 2.880 3.100
3.080
0.148 0.055 0.060
0.055
0.960 0.760
—
—
2.180 1.371 2.110
2.030
0.400 0.220 0.235
0.220
0.120 0.045 0.095
0.090
0.175 0.135 0.145
0.140
0.300 0.075 0.110
0.105
1.320 0.920
—
—
2.830 1.210 1.780
1.750
1.810 1.051 1.370
1.310
0.230 0.145 0.180
0.180
1.290 0.353 0.940
0.930
0.985 0.430 0.550
0.550
3.440 2.730 3.240
3.210
2.561 1.373 1.950
1.860
0.205 0.070 0.080
0.075
2.110 1.280 1.620
1.620
0.685 0.390 0.470
0.460
2.703 0.937 1.490
1.470
0.775 0.335 0.495
0.485
9.500 5.697 6.080
6.000
0.600 0.400
—
—
5.740 4.286 5.030
5.020
0.524 0.330 0.390
0.380
0.600 0.390
—
—
9.636 8.167 8.600
8.400
0.605 0.384 0.535
0.515
0.784 0.405 0.660
0.625
0.605 0.420 0.490
0.475
0.205 0.110 0.130
0.120
0.075 0.030 0.045
0.040
0.117 0.045 0.060
0.055
0.475 0.220 0.420
0.400
0.295 0.110 0.260
0.250
0.120 0.060 0.065
0.065
4.250 3.180 3.720
3.700
0.740 0.330 0.630
0.595
0.808 0.502
—
—
0.555 0.350 0.400
0.400
0.889 0.652 0.780
0.780
0.380 0.175 0.375
0.335
0.805 0.500
—
—
1.650 1.090 1.250
1.250
2.100 1.640
—
—
1.340 0.605 0.835
0.810
0.105 0.060 0.105
0.090
1.920 0.790 1.460
1.440
0.660 0.325 0.570
0.560
2.760 2.090 2.650
2.610
2.600 1.040 1.950
1.840
1.200 0.810 0.850
0.820
0.460 0.210 0.460
0.430
0.200 0.070 0.100
0.080
0.645 0.100 0.420
0.385
0.705 0.454 0.560
0.560
1.120 0.647 1.030
0.990
1.300 0.890
—
—
0.080 0.050 0.055
0.055
7.511 5.096 6.650
6.590
1.740 1.590 1.660
1.600
0.735 0.381 0.645
0.590
6.180 3.887 5.870
5.770
0.330 0.090 0.115
0.105
23.312 19.898 21.960 21.700
7.310 2.550 5.400
5.330
14.100 5.460 13.100 12.900
1.089 0.766 1.000
0.980
3.140 1.375 3.070
2.950
0.650 0.430
—
—
0.480 0.340 0.355
0.340
1.170 0.650 0.870
0.850
0.380 0.305 0.320
0.320
0.570 0.400 0.510
0.505
1.180 0.450 1.120
1.100
0.190 0.105 0.110
0.105
1.700 1.360
—
—
0.950 0.690
—
—
6.330 5.480 6.010
5.990
0.505 0.224 0.350
0.335
0.960 0.633 0.800
0.775
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)
0.105
0.400
0.325
3.250
0.150
0.840
0.360
1.150
0.235
1.060
3.900
0.680
0.630
0.565
1.640
1.680
0.600
0.110
1.000
2.480
1.490
0.310
0.220
0.215
4.190
0.060
2.210
0.980
1.560
1.690
1.150
1.710
1.520
0.705
0.045
3.810
0.185
1.600
0.675
0.755
1.440
0.890
0.390
2.070
0.365
0.215
0.340
0.510
0.680
1.140
0.955
0.500
0.840
1.170
0.365
0.600
1.090
0.940
1.030
2.710
0.500
2.300
2.170
1.450
1.540
0.045
0.230
0.080
0.365
0.250
0.095
0.880
0.515
4.100
3.210
1.240
0.880
0.480
0.185
1.140
0.760
0.315
0.030
3.100
0.060
0.800
2.100
0.220
0.090
0.140
0.105
1.090
1.760
1.370
0.180
0.930
0.550
3.240
1.900
0.075
1.620
0.465
1.480
0.495
6.080
0.480
5.030
0.390
0.410
8.580
0.535
0.655
0.485
0.125
0.045
0.060
0.415
0.250
0.065
3.700
0.615
0.635
0.400
0.780
0.360
0.550
1.250
1.750
0.820
0.105
1.450
0.565
2.650
1.860
0.830
0.440
0.080
0.385
0.560
1.020
0.970
0.055
6.640
1.610
0.630
5.860
0.115
21.860
5.400
13.060
0.980
3.070
0.495
0.350
0.870
0.320
0.510
1.100
0.105
1.500
0.855
6.010
0.350
0.800
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
UNCH
878
—
—
-0.005
20
-0.050
58
-0.050
3
UNCH
82.5
UNCH
14.5
UNCH
679.9
UNCH
698.9
—
—
UNCH
21.9
0.020
222.8
UNCH
41.4
—
—
0.040 3967.6
—
—
0.010
387.4
UNCH
50
UNCH
668.5
-0.020
11.6
UNCH
25
0.005
83
—
—
-0.005
190
UNCH
403.8
-0.005 9786.2
-0.010
62.1
0.030
0.6
UNCH
194.9
-0.010
1.9
—
—
0.030
666.9
-0.020
15.2
—
—
-0.005
207.4
0.060 9673.6
-0.005
24
UNCH
356
0.020 3384.1
0.015
275.3
UNCH
86.2
—
—
—
—
UNCH
231.2
0.010
425.7
UNCH 2461.9
UNCH
57.8
—
—
0.005
279.5
-0.010
21
0.005 1567.5
0.015 1881.8
0.015 2468.6
UNCH
0.1
-0.005
184.2
UNCH
22
0.020 1339.3
0.020
383.3
UNCH
26.5
UNCH
201.5
-0.005
17.5
—
—
0.040
943.3
—
—
0.040
149.8
-0.005 1663.6
—
—
—
—
—
—
UNCH 1662.4
UNCH
100
0.010
47.5
0.005
142.4
-0.040 4867.6
-0.110
1
0.050 1745.9
UNCH
86
0.025 7794.8
UNCH 1775.1
—
—
0.010
42
—
—
UNCH
500.3
0.020
188.5
0.005
124.1
—
—
-0.020 2113.1
-0.005
227
UNCH
280.5
UNCH
218
0.020
17
—
—
-0.020
73
0.060
703.4
0.005
0.5
0.020
32.6
UNCH
28.3
UNCH
31.5
0.010
51.7
-0.005 3770.8
-0.020
15.5
UNCH 16040.5
0.030
29.1
0.005
624.1
0.090
732.1
—
—
0.010
26.1
0.010
14
—
—
0.220
270.9
0.015
443
0.020
895.8
0.005
593.5
UNCH
700.2
0.005
114.4
0.005
462
0.005
3712
-0.010
59
UNCH
977
0.030
8.1
-0.025 1360.2
—
—
0.020
7.3
UNCH
165
0.025 4108.9
—
—
0.010
14
—
—
0.005
286.2
0.010 23539.2
-0.010
337.6
UNCH
69.5
0.030
29.5
UNCH
47.5
0.010
16
-0.005 4212.7
-0.015
237.2
-0.025 2384.7
UNCH
44.8
0.010
401.6
—
—
UNCH
150
-0.030 5168.1
-0.030
828.6
-0.015 2999.7
0.070
9.3
0.010
190.5
-0.020 1069.3
UNCH
10
0.020
34.5
0.010
45
0.130 2002.6
—
—
0.005
51
UNCH
55.9
-0.010
17.8
-0.005
43
UNCH
623.4
UNCH
660.2
—
—
—
—
0.010
417
0.015
45
0.020
44.6
0.101
—
0.325
3.251
0.150
0.848
0.360
1.132
0.229
—
3.900
0.672
0.629
—
1.622
—
0.599
0.110
0.982
2.480
1.477
0.310
—
0.215
4.111
0.056
2.218
0.980
1.579
1.647
—
1.707
1.515
—
0.045
3.859
0.188
1.598
0.675
0.750
1.432
—
—
2.071
0.363
0.215
0.339
—
0.673
1.131
0.955
0.494
0.830
1.170
0.358
0.596
1.090
0.934
1.037
2.689
0.496
—
2.146
—
1.513
0.045
—
—
—
0.254
0.095
0.872
0.507
4.057
3.210
1.228
0.878
0.472
0.179
—
0.755
—
0.035
3.082
0.060
—
2.069
0.223
0.092
0.142
0.106
—
1.763
1.347
0.180
0.934
0.550
3.221
1.921
0.075
1.620
0.465
1.480
0.491
6.055
—
5.025
0.381
—
8.490
0.524
0.645
0.479
0.125
0.044
0.055
0.413
0.257
0.065
3.700
0.612
—
0.400
0.780
0.360
—
1.250
—
0.820
0.099
1.449
0.563
2.641
1.861
0.833
0.446
0.083
0.394
0.560
1.007
—
0.055
6.638
1.644
0.622
5.804
0.109
21.847
5.365
13.041
0.986
3.022
—
0.345
0.857
0.320
0.509
1.115
0.107
—
—
5.996
0.340
0.778
—
24.84
—
10.25
—
24.14
133.33
—
—
9.65
12.61
6.45
9.24
1.87
—
—
11.93
—
17.18
16.07
12.65
—
—
—
9.37
1.52
12.46
15.03
12.59
4.90
—
8.38
27.94
—
—
16.37
—
6.17
6.80
15.22
9.92
15.01
—
21.12
8.71
179.17
212.50
—
2.63
8.27
—
8.03
4.33
—
10.00
24.10
9.29
15.93
14.53
6.25
10.92
11.01
7.06
3.54
9.32
—
—
—
—
13.16
—
23.40
—
26.50
15.16
6.75
10.80
—
—
7.45
12.22
27.16
—
23.79
—
—
16.83
—
12.00
27.45
—
59.24
9.49
20.73
15.13
9.18
12.70
10.96
7.70
—
16.02
15.66
7.94
—
19.13
—
13.36
20.00
—
28.99
10.62
9.44
8.14
—
—
—
—
—
—
9.44
—
11.78
—
11.00
150.00
17.30
8.92
7.85
9.23
—
9.45
4.98
—
21.63
—
4.92
—
—
19.65
9.46
10.22
—
19.08
—
4.19
10.53
—
21.76
6.61
20.42
9.83
29.38
—
8.45
6.72
78.05
8.36
26.25
19.44
15.58
14.57
—
7.23
12.33
—
—
—
1.85
—
5.95
—
2.61
—
6.13
5.00
3.31
3.10
—
—
—
—
—
1.75
—
4.03
—
—
—
0.95
—
2.71
2.55
3.85
—
—
4.58
3.95
2.48
—
1.18
—
2.50
—
—
5.56
6.74
—
2.84
—
—
—
—
—
3.18
6.28
6.20
—
—
—
1.67
0.92
0.53
2.43
5.54
2.10
5.43
6.91
10.34
—
—
—
—
—
3.00
—
5.68
—
1.95
—
2.22
5.11
0.63
—
3.07
1.97
—
—
0.97
—
—
1.67
—
—
2.14
—
2.75
2.27
0.73
2.22
1.08
—
0.62
3.16
—
2.47
—
2.03
—
1.97
—
1.99
2.05
—
3.61
3.74
6.11
3.09
—
—
—
—
—
—
4.05
1.06
1.57
—
3.85
—
1.82
4.80
3.43
—
—
—
—
—
1.61
—
—
—
—
3.57
2.94
2.58
—
2.71
—
5.56
6.48
—
2.74
3.70
0.92
4.08
2.44
—
—
—
—
3.92
0.91
—
—
—
—
7.14
3.75
MKT CAP
(MIL)
24.9
72.0
42.9
247.5
8.7
112.8
78.8
601.1
69.6
119.6
786.2
81.6
172.7
40.0
100.2
417.4
28.9
30.4
516.0
148.9
279.7
50.9
21.6
26.9
805.1
80.1
1,189.5
448.5
187.2
75.7
47.2
512.2
167.1
32.3
19.8
4,093.4
8.4
850.6
94.5
421.9
547.2
89.0
29.3
565.6
38.1
38.8
91.4
6.3
151.0
188.1
1,846.2
87.7
177.7
192.1
62.5
99.6
922.6
208.6
87.7
596.0
49.0
564.1
223.9
270.6
123.2
242.2
25.4
78.4
49.1
83.4
50.2
244.6
54.6
6,728.2
178.0
563.8
176.3
344.8
209.6
46.3
211.8
25.2
33.7
1,485.2
54.4
88.4
168.0
29.3
84.8
62.9
18.2
138.2
164.2
1,334.0
85.6
92.1
34.1
1,439.1
295.7
78.7
417.6
1,002.6
100.8
61.7
3,888.0
27.1
1,818.2
37.4
61.5
7,290.4
132.9
235.8
150.4
40.2
59.2
83.5
297.9
32.0
112.6
153.8
150.4
34.7
16.8
71.8
81.6
38.5
50.2
210.0
172.2
69.8
159.3
50.6
265.0
567.4
36.9
124.8
4.4
123.2
108.8
161.3
73.0
52.1
53,120.0
302.7
81.7
581.9
64.4
43,255.1
1,458.0
1,003.1
78.4
3,987.4
65.1
56.0
95.6
107.8
92.8
162.9
68.7
86.9
35.9
525.6
48.0
183.4
26 Markets
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
T HU
BURSA MAL AYSIA MAIN MARKET
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
4.200 3.154 3.760
3.740
8.280 2.802 6.280
6.220
1.243 0.777
—
—
1.870 1.130 1.460
1.420
3.248 1.644 2.950
2.860
1.070 0.700
—
—
13.600 6.478 12.140 11.500
0.925 0.280 0.320
0.320
0.380 0.230 0.235
0.235
1.350 0.526 0.870
0.845
0.400 0.230 0.240
0.240
0.770 0.305 0.310
0.305
6.350 2.600 3.070
3.040
0.695 0.365 0.470
0.470
0.720 0.480
—
—
1.556 0.822 1.320
1.310
2.388 0.945 2.010
2.000
0.850 0.610
—
—
1.170 0.690 0.990
0.970
0.462 0.200 0.355
0.355
2.240 1.500
—
—
2.550 1.300
—
—
2.320 1.126 1.970
1.950
3.534 1.870 2.630
2.580
5.750 3.126 4.750
4.620
0.440 0.240 0.365
0.355
0.830 0.370 0.390
0.385
15.760 13.828 15.600 15.160
15.800 14.900
—
—
0.190 0.080 0.155
0.140
0.450 0.215
—
—
2.210 0.700 1.270
1.220
1.720 0.685 1.330
1.300
0.495 0.220
—
—
3.530 1.650 3.150
3.090
3.260 1.562 2.360
2.350
0.800 0.630
—
—
2.929 1.402 2.470
2.400
2.300 1.660 2.080
2.060
7.030 4.870 5.020
4.920
0.745 0.520
—
—
0.215 0.140 0.150
0.150
1.770 1.360 1.760
1.730
5.569 2.749 5.380
5.380
1.332 0.681 1.050
1.030
0.820 0.610 0.770
0.750
1.633 1.130 1.210
1.180
1.408 0.715 0.755
0.735
0.400 0.275
—
—
2.150 1.377 1.730
1.700
2.865 1.609 2.390
2.330
0.670 0.490
—
—
0.580 0.405
—
—
2.407 2.054
—
—
1.550 0.895 1.240
1.160
1.505 0.830 0.940
0.925
1.080 0.790 0.945
0.925
0.300 0.160 0.260
0.240
0.800 0.510 0.580
0.580
CONSTRUCTION
0.560 0.260
—
—
0.195 0.100 0.110
0.100
0.775 0.505 0.730
0.705
0.936 0.511 0.670
0.645
0.790 0.490 0.495
0.490
0.553 0.330 0.420
0.405
1.064 0.847 0.885
0.880
1.158 0.840 0.905
0.895
1.859 1.540 1.650
1.650
1.410 0.753 1.320
1.260
1.550 0.835 1.550
1.380
0.620 0.330 0.595
0.585
2.580 1.100 2.110
2.070
5.070 3.665 4.860
4.640
1.353 0.780 0.900
0.850
1.450 0.780 0.860
0.855
1.359 1.301
—
—
1.340 1.290
—
—
2.140 1.601 1.840
1.790
3.640 2.844 3.500
3.430
0.835 0.540 0.755
0.720
0.806 0.480
—
—
1.280 0.650 1.030
1.010
0.410 0.195 0.210
0.205
1.960 1.170 1.930
1.860
1.050 0.740
—
—
1.960 1.050 1.800
1.740
1.540 1.090
—
—
1.287 0.663 0.785
0.780
0.450 0.325
—
—
1.336 1.020 1.230
1.200
0.370 0.190 0.240
0.240
1.520 0.840 1.200
1.160
2.642 1.497 2.310
2.280
0.715 0.355 0.365
0.365
1.489 1.160 1.170
1.160
1.994 1.366 1.740
1.660
0.210 0.110 0.120
0.115
4.063 2.905 3.510
3.500
1.050 0.660 0.670
0.665
1.720 0.954 1.630
1.590
0.515 0.330 0.365
0.355
0.525 0.265 0.455
0.445
1.740 0.845 1.410
1.380
0.792 0.438 0.525
0.520
1.760 1.083 1.670
1.650
0.865 0.555 0.745
0.740
0.395 0.200 0.215
0.210
TRADING SERVICES
0.395 0.150 0.355
0.325
0.566 0.270 0.290
0.275
3.300 2.470 2.810
2.790
0.235 0.135 0.200
0.190
2.308 0.765 1.980
1.900
6.970 4.220 6.730
6.600
0.715 0.340 0.365
0.355
0.095 0.080 0.090
0.080
10.626 8.984 9.560
9.400
2.780 1.518 2.190
2.150
0.345 0.045 0.060
0.050
1.308 0.700 0.780
0.755
0.170 0.105 0.140
0.130
3.084 2.385 2.790
2.630
5.300 4.160 5.270
5.260
0.625 0.285 0.625
0.600
6.757 5.270 5.640
5.560
0.320 0.203
—
—
1.060 0.690 0.710
0.695
0.599 0.335 0.435
0.425
0.450 0.195 0.245
0.230
7.190 6.347
—
—
1.370 1.080 1.150
1.120
2.802 1.740 2.280
2.170
0.440 0.336 0.380
0.365
2.834 1.840 1.900
1.840
0.855 0.610
—
—
0.480 0.330
—
—
3.427 2.823 3.080
3.030
0.215 0.119 0.150
0.145
1.170 0.555 0.925
0.915
4.396 3.630 3.800
3.780
1.070 0.450 0.460
0.455
2.140 0.990 1.650
1.650
3.872 2.168 3.400
3.350
1.092 0.713 0.875
0.860
0.508 0.332
—
—
0.600 0.400 0.440
0.420
0.105 0.060 0.085
0.085
1.030 0.650
—
—
0.060 0.040 0.045
0.045
2.070 1.390 2.000
1.980
0.140 0.075 0.080
0.075
2.770 0.990 1.290
1.230
1.586 0.870 1.170
1.130
0.685 0.480 0.615
0.590
1.679 1.284 1.590
1.560
5.242 3.530 3.890
3.780
1.697 0.972 1.290
1.250
0.430 0.240 0.300
0.285
1.090
1.476 0.738 1.120
0.450 0.210
—
—
0.320 0.195 0.235
0.225
3.960 2.718 3.750
3.550
0.366 0.178 0.285
0.285
* Volume Weighted Average Price
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
YEAR
HIGH
1.097
1.567
1.450
1.380
0.802
0.665
1.519
0.340
0.370
2.794
1.800
4.640
9.900
1.880
0.503
2.580
0.070
0.410
7.930
1.412
3.458
0.017
0.610
6.750
0.882
1.630
0.335
1.980
0.490
0.450
1.971
0.408
1.944
4.379
1.499
0.650
0.325
0.420
0.350
0.740
1.940
2.666
1.855
0.175
7.034
1.189
3.410
1.587
0.750
0.950
2.306
1.380
9.171
2.705
0.540
0.125
0.220
0.390
2.380
0.980
0.125
0.973
0.840
1.706
0.145
2.750
0.496
0.715
2.045
1.410
0.130
1.427
1.570
0.570
0.240
7.047
26.089
0.250
7.060
0.270
0.415
5.039
3.259
3.310
1.150
0.200
0.450
0.883
0.917
0.660
0.205
2.450
0.250
0.460
1.310
1.404
1.747
8.847
0.900
2.796
1.530
2.470
3.427
0.220
2.658
0.480
1.662
2.191
14.600
1.850
0.510
0.320
7.337
0.815
1.500
0.550
3.006
1.321
2.989
2.220
1.430
0.700
2.600
0.815
3.000
0.545
4.541
1.438
0.095
3.236
0.890
1.710
FINANCE
14.355
2.912
4.717
13.200
13.400
6.195
1.970
4.148
8.950
5.868
0.500
1.321
13.760
10.100
16.155
2.640
0.961
0.920
0.195
2.690
0.764
15.804
1.090
3.127
8.886
2.090
4.180
1.950
1.455
19.380
0.960
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
3.750
6.250
1.010
1.440
2.890
0.780
12.000
0.320
0.235
0.865
0.240
0.310
3.070
0.470
0.660
1.320
2.010
0.750
0.990
0.355
1.610
2.300
1.970
2.630
4.680
0.365
0.385
15.360
15.800
0.155
0.350
1.270
1.300
0.350
3.140
2.360
0.690
2.470
2.080
4.930
0.620
0.150
1.740
5.380
1.050
0.765
1.210
0.745
0.320
1.700
2.330
0.520
0.425
2.250
1.240
0.935
0.945
0.250
0.580
0.010
-0.050
—
-0.010
-0.010
—
-0.220
UNCH
UNCH
0.005
0.010
UNCH
0.010
UNCH
—
0.010
-0.020
—
-0.010
UNCH
—
—
0.010
0.040
0.140
0.010
-0.005
-0.180
—
0.020
—
0.010
-0.030
—
0.020
UNCH
—
0.040
0.100
-0.030
—
UNCH
0.010
UNCH
0.020
0.025
UNCH
UNCH
—
UNCH
-0.060
—
—
—
0.060
0.010
0.015
-0.010
0.005
6.6
26.8
—
1609.9
69.2
—
741.6
20
29
191.8
4
44
97.6
100
—
182.5
2516.5
—
99.3
25
—
—
37.1
1093.7
686.7
514.2
54
36.7
—
793.8
—
15.2
35
—
65.7
126.2
—
280.8
2.3
7598.1
—
104
184.1
0.4
90.5
56.6
2004.3
599.1
—
44.1
419.1
—
—
—
1267.5
131.9
100.6
578.5
161.5
3.751 19.05
6.245
8.73
—
9.50
1.437 11.47
2.893 16.27
— 236.36
11.857 12.48
0.320
—
0.235 15.88
0.856 56.54
0.240
—
0.310
—
3.045
2.62
0.470 13.74
—
—
1.317 19.24
2.006 18.24
— 83.33
0.981
—
0.355
—
—
—
—
9.86
1.964
9.66
2.607 14.09
4.684
9.21
0.361
2.39
0.389
—
15.413 20.45
—
—
0.152
—
— 19.44
1.241
6.62
1.322
0.56
—
—
3.112
8.64
2.354
6.70
— 56.10
2.438 11.68
2.063
—
4.953 15.04
— 140.91
0.150 19.74
1.739 13.37
5.380 28.94
1.049
8.70
0.767
—
1.193 19.52
0.745 61.07
—
—
1.701
8.20
2.354 19.48
—
—
— 29.72
— 13.88
1.203
9.94
0.934 12.60
0.934 15.88
0.247
—
0.580
—
1.33
1.91
5.94
4.17
3.81
—
1.83
—
—
3.47
—
6.45
—
2.55
—
1.48
1.49
3.33
—
—
—
3.48
2.54
1.52
4.27
—
—
7.16
6.96
—
—
—
—
—
2.87
7.63
—
4.05
4.81
2.03
1.61
—
6.32
2.23
2.86
—
4.88
4.03
—
1.76
3.95
—
—
4.44
1.48
1.79
2.12
—
—
513.5
539.5
73.5
456.6
381.5
57.4
2,760.0
28.0
80.4
164.0
120.0
24.8
921.0
88.1
26.4
1,488.2
497.1
33.6
415.2
31.9
336.5
276.0
157.6
1,788.8
1,735.0
162.5
69.3
1,898.8
5.3
24.0
22.5
50.9
52.5
53.5
330.6
227.7
61.4
270.4
265.1
6,185.6
66.3
34.3
689.7
781.2
84.0
89.8
1,414.3
577.3
27.0
226.7
772.8
47.7
17.0
540.0
596.9
312.2
151.2
87.1
58.8
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
0.110
0.720
0.645
0.495
0.415
0.885
0.895
1.650
1.300
1.530
0.595
2.090
4.750
0.900
0.855
1.340
1.290
1.800
3.480
0.735
0.555
1.030
0.210
1.910
0.895
1.790
1.540
0.780
0.345
1.220
0.240
1.190
2.280
0.365
1.160
1.730
0.120
3.510
0.670
1.600
0.360
0.455
1.380
0.520
1.670
0.745
0.210
—
0.005
0.005
-0.005
UNCH
0.005
UNCH
-0.005
UNCH
0.010
0.120
UNCH
0.010
0.100
0.060
0.015
—
—
UNCH
0.050
0.010
—
UNCH
UNCH
0.020
—
0.060
—
-0.040
—
0.010
-0.010
0.010
-0.070
UNCH
-0.010
0.070
0.005
0.010
0.005
UNCH
UNCH
0.010
-0.040
UNCH
0.010
0.010
UNCH
—
1127.6
2291.1
1.1
146.9
1490.3
41
61.7
1
1513
4025.5
418.9
2122.6
2718.1
2755
376.2
—
—
871
9004.7
1806.8
—
753.3
154.4
261.2
—
791.5
—
3.4
—
660.6
85
217.7
353.7
605
11.2
826.3
245.7
6.7
68.3
2523.1
101.5
183
53.7
33.2
786.5
1.2
198.4
— 17.34
0.106
—
0.719 15.19
0.668
7.51
0.494 330.00
0.410 24.27
0.884 17.12
0.899 13.77
1.650
6.14
1.300 11.78
1.486 56.88
0.593 31.32
2.090
5.13
4.783 17.91
0.877
—
0.858
4.18
—
—
—
—
1.805 12.98
3.491 14.30
0.739 12.65
—
—
1.026 10.86
0.205 21.21
1.911 10.77
— 895.00
1.771
7.46
—
—
0.784 16.63
—
8.06
1.209
8.65
0.240
—
1.182
—
2.290 12.34
0.365 18.43
1.169 24.63
1.727
8.75
0.115 20.00
3.503 16.40
0.669
9.37
1.619 16.28
0.360
7.03
0.450
7.12
1.390 12.05
0.524 18.98
1.654
9.30
0.741
—
0.210
5.82
—
—
2.78
6.20
0.61
4.82
3.39
4.47
1.82
1.92
1.31
2.10
2.39
2.53
—
—
1.87
1.16
1.33
2.44
1.36
—
—
—
1.57
—
3.24
—
2.24
—
4.10
—
—
2.19
2.74
4.31
5.20
—
5.13
0.75
2.50
—
1.43
—
1.71
1.80
—
—
13.8
32.1
348.1
196.0
401.8
97.0
305.7
158.3
153.0
695.5
1,308.8
215.8
540.5
11,461.9
351.8
297.8
10.6
23.9
1,048.8
12,487.4
382.2
94.8
451.5
39.5
507.7
897.4
538.0
210.2
93.6
23.1
784.5
55.6
657.4
1,080.7
238.7
105.9
586.3
38.0
574.0
518.6
2,068.6
115.3
218.6
91.6
90.7
2,099.8
88.7
177.4
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
0.345
0.290
2.810
0.200
1.950
6.670
0.355
0.090
9.560
2.190
0.055
0.770
0.135
2.730
5.270
0.605
5.570
0.320
0.700
0.430
0.240
6.900
1.140
2.260
0.375
1.880
0.695
0.400
3.040
0.145
0.925
3.780
0.455
1.650
3.400
0.870
0.500
0.440
0.085
0.785
0.045
2.000
0.080
1.240
1.170
0.615
1.590
3.890
1.270
0.290
1.120
0.275
0.230
3.720
0.285
0.015
UNCH
0.010
0.005
0.040
UNCH
-0.010
0.005
0.040
0.030
UNCH
UNCH
UNCH
0.060
0.010
-0.010
-0.030
—
UNCH
UNCH
-0.005
—
-0.010
0.090
0.010
0.010
—
—
-0.040
-0.005
UNCH
UNCH
-0.005
-0.140
UNCH
0.005
—
UNCH
0.010
—
UNCH
UNCH
UNCH
-0.040
0.010
0.015
0.020
0.110
-0.020
-0.005
-0.010
—
UNCH
0.050
UNCH
43188.5
273.3
1734.2
748.1
37203.4
580.8
1747.1
383.4
3
14.8
2336.4
10729.9
1841.3
1952.7
73.9
10284.5
12055.6
—
694.5
236
256.8
—
546.5
3174.9
15547.5
13
—
—
1189
3776.5
28.7
44.5
63
15.5
29.4
621.1
—
20.1
0.1
—
50
807.7
440
3011.8
193.7
882
3295.7
18
3825.1
67
478.4
—
503
228.2
39.3
0.341
—
0.281
—
2.800 29.55
0.196 21.51
1.950 10.06
6.680
—
0.360
6.34
0.085
—
9.501 24.58
2.160 10.40
0.055
—
0.767
—
0.135
—
2.724 23.23
5.269 29.13
0.612 17.85
5.579 18.87
—
8.44
0.702 29.17
0.430
—
0.240
—
— 24.88
1.143
—
2.239 12.97
0.372
—
1.879 37.08
—
—
—
—
3.039 14.66
0.145 19.08
0.918
—
3.782 295.31
0.460
—
1.650 27.27
3.390
6.23
0.867 10.07
— 34.48
0.420
—
0.085
—
— 25.32
0.045 75.00
1.981
9.54
0.077
—
1.245
6.34
1.146 10.55
0.603 23.65
1.578 28.34
3.801 16.65
1.276 33.60
0.288
7.92
1.109 14.40
—
—
0.228
—
3.650 15.84
0.285
4.07
—
34.48
1.42
—
2.05
1.27
—
—
4.18
1.37
—
1.06
1.85
4.40
5.22
—
3.95
3.91
2.86
—
—
3.19
—
4.27
2.67
1.73
—
—
5.41
—
—
5.29
—
1.21
1.47
4.60
1.50
1.30
3.53
3.82
—
2.50
—
5.65
4.70
—
1.38
2.44
1.57
—
2.01
—
—
4.03
—
1,431.1
118.9
3,945.2
32.0
5,426.8
11,066.8
328.2
21.6
1,571.5
131.5
23.9
4,517.0
89.6
14,209.7
1,336.7
157.0
49,143.5
121.7
577.3
180.2
51.5
3,174.0
353.5
2,591.5
1,752.4
711.2
3,475.2
94.0
4,107.1
431.1
218.6
3,909.2
106.4
359.2
342.5
332.4
63.8
74.2
61.2
96.1
96.0
497.3
138.9
1,087.6
468.0
571.4
8,338.3
613.3
1,714.5
71.2
564.5
16.5
71.6
3,093.6
202.1
# PE is calculated based on latest 12 months reported Earnings Per Share
YEAR
LOW
DAY
HIGH
DAY
LOW
0.810 0.820
0.810
1.047 1.330
1.320
0.710 1.390
1.380
0.966 1.150
1.140
0.481 0.645
0.620
0.425 0.450
0.445
1.217 1.270
1.270
0.145 0.165
0.160
0.110
—
—
1.892 2.370
2.300
0.815 1.500
1.460
3.722 4.540
4.340
6.510 8.630
8.440
1.034 1.710
1.650
0.380 0.435
0.410
1.773 2.540
2.530
0.060
—
—
0.265
—
—
3.958 7.680
7.620
1.140 1.170
1.140
2.800 3.100
3.000
0.005 0.010
0.010
0.250 0.375
0.370
5.320 6.560
6.380
0.683
—
—
0.920 1.020
0.980
0.205 0.260
0.245
1.450 1.700
1.670
0.315
—
—
0.290
—
—
1.638 1.850
1.840
0.230
—
—
1.250
—
—
3.904 4.240
4.160
0.955 1.050
1.050
0.350 0.595
0.585
0.175 0.185
0.180
0.235 0.285
0.275
0.165
—
—
0.500 0.695
0.695
0.969 1.710
1.670
2.390 2.420
2.390
1.165 1.670
1.620
0.135 0.155
0.150
5.470 5.680
5.470
0.510 0.850
0.735
1.914 2.220
2.160
0.997 1.430
1.390
0.484 0.720
0.705
0.650
—
—
1.654 1.710
1.690
0.875 1.090
1.060
7.227 8.460
8.290
1.490 2.110
2.050
0.330 0.360
0.350
0.060 0.070
0.065
0.155 0.180
0.170
0.245 0.295
0.280
1.241 1.990
1.920
0.560 0.850
0.770
0.065 0.070
0.065
0.660
—
—
0.583 0.795
0.775
1.207 1.440
1.400
0.085 0.100
0.095
1.646 2.260
2.220
0.378
—
—
0.445 0.570
0.565
0.865 0.895
0.865
0.896 1.120
1.110
0.055 0.065
0.065
0.816 1.290
1.260
1.350
—
—
0.230 0.260
0.250
0.135
—
—
4.718 6.480
6.350
18.351 23.880 23.560
0.030
—
—
5.176 5.600
5.560
0.155 0.160
0.160
0.205
—
—
2.040 2.850
2.750
1.559 2.560
2.480
2.410 2.580
2.520
1.000 1.080
1.060
0.100 0.160
0.150
0.340 0.380
0.365
0.545 0.645
0.625
0.591
—
—
0.430
—
—
0.090
—
—
1.543 2.340
2.330
0.135 0.175
0.165
0.195 0.230
0.215
0.968 1.060
1.060
1.200 1.240
1.210
1.293 1.390
1.370
6.485 7.800
7.450
0.720
—
—
1.360 1.670
1.580
1.310 1.340
1.320
2.206 2.420
2.380
2.448
—
—
0.100 0.120
0.110
1.877 2.250
2.200
0.330 0.365
0.360
1.192 1.320
1.260
1.471 1.570
1.560
10.103 14.100 13.960
1.229 1.650
1.640
0.300 0.330
0.320
0.130 0.135
0.130
5.792 6.690
6.610
0.460 0.790
0.750
0.882 1.270
1.250
0.330
—
—
2.760
—
—
0.900 1.000
1.000
2.218
—
—
0.860 0.920
0.905
1.130 1.290
1.230
0.500
—
—
1.560 1.980
1.950
0.360 0.750
0.750
2.130
—
—
0.420
—
—
3.566 4.250
4.150
0.744 1.050
1.010
0.025 0.040
0.035
2.310 2.760
2.700
0.435 0.885
0.870
1.349 1.600
1.520
10.780
2.073
3.070
9.770
9.650
4.126
1.370
3.170
7.329
3.841
0.310
1.192
11.509
7.327
12.153
1.778
0.572
0.846
0.105
1.710
0.460
13.847
0.624
2.650
7.901
1.260
2.820
1.290
1.209
16.745
0.727
13.200
2.340
4.080
—
—
4.600
1.680
3.990
8.570
4.690
0.355
1.250
13.480
—
15.280
2.200
0.685
—
0.120
2.680
0.520
15.380
1.070
—
8.610
1.290
3.010
1.460
1.310
18.960
0.755
13.060
2.300
3.950
—
—
4.420
1.660
3.860
8.460
4.470
0.355
1.230
13.100
—
14.840
2.190
0.675
—
0.120
2.680
0.500
15.240
1.030
—
8.510
1.260
3.000
1.440
1.310
18.560
0.750
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)
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
0.820
1.330
1.380
1.140
0.645
0.450
1.270
0.160
0.230
2.340
1.480
4.540
8.570
1.690
0.435
2.540
0.065
0.280
7.680
1.170
3.000
0.010
0.375
6.560
0.795
1.000
0.260
1.700
0.370
0.320
1.840
0.240
1.400
4.240
1.050
0.595
0.180
0.285
0.300
0.695
1.710
2.400
1.670
0.155
5.550
0.845
2.220
1.400
0.715
0.750
1.700
1.070
8.360
2.100
0.360
0.070
0.175
0.290
1.930
0.800
0.070
0.880
0.795
1.440
0.100
2.250
0.415
0.565
0.895
1.120
0.065
1.290
1.540
0.260
0.140
6.350
23.740
0.055
5.600
0.160
0.235
2.790
2.500
2.580
1.070
0.155
0.365
0.635
0.780
0.450
0.110
2.340
0.175
0.230
1.060
1.240
1.380
7.710
0.740
1.590
1.340
2.410
2.500
0.115
2.250
0.365
1.320
1.570
14.080
1.650
0.330
0.135
6.650
0.785
1.250
0.455
2.760
1.000
2.800
0.915
1.290
0.520
1.960
0.750
2.300
0.440
4.240
1.050
0.035
2.700
0.875
1.570
UNCH
-0.030
-0.010
-0.030
0.015
UNCH
UNCH
UNCH
—
-0.010
0.020
0.100
-0.020
UNCH
0.005
0.010
—
—
0.020
UNCH
UNCH
UNCH
0.005
0.160
—
UNCH
0.010
0.030
—
—
-0.040
—
—
0.020
0.010
0.010
UNCH
0.005
—
0.025
0.040
-0.030
0.030
UNCH
0.010
0.065
UNCH
-0.030
-0.005
—
0.010
-0.020
0.010
0.040
UNCH
UNCH
UNCH
-0.005
-0.020
UNCH
0.005
—
0.025
-0.010
UNCH
0.020
—
UNCH
0.015
0.010
-0.005
UNCH
—
0.005
—
UNCH
-0.100
—
0.040
-0.010
—
-0.010
0.040
0.030
0.010
UNCH
-0.010
-0.005
—
—
—
-0.010
0.005
UNCH
-0.080
0.030
UNCH
0.100
—
-0.050
0.010
0.010
—
UNCH
-0.010
0.005
0.020
UNCH
UNCH
UNCH
0.020
UNCH
-0.040
0.005
-0.010
—
—
UNCH
—
-0.010
0.100
—
0.010
UNCH
—
—
0.010
0.030
UNCH
-0.050
0.005
0.010
21
20
69.3
516.1
810.8
240.3
2
3013.2
—
431.1
98.8
3108.3
6321
476.3
89.7
67.3
—
—
1699.4
34.2
11.5
535
1303.1
10165.2
—
14.6
331
16.1
—
—
14
—
—
680
20.1
340.7
130.1
76.3
—
44
77.6
989
3654.9
1343.3
3138.8
9069.9
51.9
356.3
26.9
—
345.7
842.3
4893.7
580.1
222.7
477.8
5669.9
5371.4
6298.8
58
1284
—
469.1
148.6
726.3
113
—
91.5
1198.5
35
309.8
35.2
—
2399.8
—
58.8
318.6
—
155.6
619
—
416.6
608.3
1.5
384
16035.9
72
636.8
—
—
—
5.3
1590.6
679
0.6
325.8
456.5
1735.8
—
51628.1
34.4
23.3
—
9146
65.1
197.6
377.6
17
16027.7
8
755.2
949.7
2909
420.9
135.2
—
—
22
—
1887.1
237.3
—
74
2.6
—
—
3538.6
176.9
685
421.2
1326.8
14176.5
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
13.080
2.320
4.080
10.200
10.380
4.550
1.660
3.860
8.500
4.680
0.355
1.250
13.400
10.100
15.080
2.200
0.680
0.905
0.120
2.680
0.520
15.300
1.060
2.780
8.540
1.280
3.000
1.460
1.310
18.920
0.750
-0.080
70.8
0.020
194.6
0.100
717.7
—
—
—
—
0.070 1440.9
-0.020
66.4
-0.060
692.3
-0.060
159
0.140 7905.4
0.005
51.7
0.010
77.3
0.200
578.5
—
—
-0.020
473.5
0.020
200
UNCH
103.6
—
—
UNCH
560
UNCH
26.1
0.010
36.9
-0.060
400.2
UNCH 1126.7
—
—
0.060 13668.9
-0.010
972.2
-0.020
15
0.010
550.7
UNCH
5.2
0.360 3350.1
-0.005
60.7
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.815
9.14
1.325
8.18
1.384 25.37
1.140
8.38
0.633
5.16
0.449 21.43
1.270 10.70
0.160 40.00
—
—
2.347 28.33
1.482 59.68
4.455 20.44
8.541 22.96
1.688 10.12
0.431
—
2.530 14.46
—
—
—
7.43
7.665 18.17
1.154
8.93
3.048 13.12
0.010
—
0.371
—
6.465 57.64
—
—
1.000 41.32
0.248
—
1.691
9.30
—
—
—
—
1.840 11.16
—
—
— 80.46
4.221 32.47
1.050 13.24
0.588
2.77
0.180 58.06
0.280 19.79
— 30.61
0.695
—
1.687 11.32
2.401 15.01
1.642
3.41
0.155
8.29
5.569 22.53
0.814
—
2.180 10.33
1.410 11.20
0.712 10.62
— 153.06
1.701
5.81
1.082 38.77
8.353 15.13
2.091 26.18
0.358
6.28
0.065 11.67
0.175
—
0.284
3.65
1.949 45.84
0.796
—
0.065 38.89
— 15.52
0.789 19.88
1.423 14.62
0.096 11.49
2.240 26.60
— 13.39
0.565
9.01
0.883
—
1.119
9.76
0.065
—
1.272
8.10
—
—
0.255
—
—
—
6.360 15.61
23.724 29.87
—
0.48
5.565 17.26
0.160
—
—
—
2.783 21.83
2.527 70.22
2.533
3.08
1.070 25.54
0.155
9.28
0.365
—
0.633 19.24
— 26.26
—
8.75
—
—
2.333 20.87
0.169
6.48
0.220 10.80
1.060
4.63
1.223 33.24
1.388 30.26
7.634 24.22
— 22.16
1.615
—
1.325 28.76
2.409 13.40
— 18.78
0.115 10.36
2.210
5.04
0.362 98.65
1.290 17.46
1.569 11.33
14.058 16.19
1.650 20.37
0.326
—
0.131
—
6.647 35.52
0.783 76.96
1.262
6.66
— 75.83
— 18.54
1.000 12.77
—
6.75
0.911
—
1.280 14.63
—
—
1.958 91.16
0.750
—
— 130.68
— 20.66
4.209 26.01
1.023 11.60
0.037
—
2.722 12.75
0.875 110.76
1.561 17.80
4.27
3.01
—
0.66
3.88
1.33
3.94
—
—
3.53
0.68
1.56
0.41
2.07
1.38
5.91
—
—
2.60
2.14
5.00
—
—
0.46
3.14
3.00
—
2.06
—
—
4.62
2.08
1.43
1.65
3.81
—
—
1.75
—
—
3.80
6.67
4.19
4.52
3.60
1.18
3.15
7.14
5.89
—
4.49
—
3.59
1.81
1.67
—
—
—
0.62
—
—
1.14
0.75
4.17
—
—
5.42
3.72
—
3.35
—
1.55
1.30
—
—
1.10
2.53
—
5.36
3.81
—
4.70
1.50
—
—
3.23
—
3.15
4.49
—
—
3.42
—
—
4.25
10.48
1.67
3.24
1.35
1.27
1.94
7.47
2.40
—
3.11
—
6.06
2.87
2.06
9.09
—
—
3.22
0.18
3.20
—
1.36
5.00
2.14
1.09
2.71
—
1.93
—
3.04
—
2.62
1.43
—
0.56
—
6.05
190.6
172.9
126.8
346.6
341.8
216.1
221.5
168.5
29.4
3,004.6
2,047.2
26,958.7
32,079.2
507.7
102.7
513.6
5.2
44.8
17,945.6
468.5
205.5
106.0
441.4
53,950.9
141.5
72.5
39.4
238.0
73.3
40.3
509.7
52.8
139.5
4,482.5
524.0
88.0
72.5
158.6
54.5
160.9
464.5
3,450.6
8,350.0
163.4
41,681.9
845.0
867.4
1,552.9
1,206.4
31.5
683.2
1,712.0
37,317.3
6,394.6
58.6
53.1
513.2
683.2
4,640.1
48.1
60.4
90.5
629.8
667.1
102.3
526.5
116.2
348.3
979.0
371.0
56.5
415.1
1,198.8
317.9
27.4
1,184.9
23,584.6
2.8
1,449.7
105.3
11.8
1,498.3
1,210.0
258.0
950.5
204.3
313.4
430.3
106.1
83.6
20.8
831.8
335.6
538.6
55.4
927.6
1,702.1
48,781.7
30.0
9,527.5
221.9
1,779.9
152.5
444.6
648.4
438.0
1,596.5
314.0
79,462.0
204.8
125.9
151.3
24,990.3
1,360.3
525.9
18.7
189.1
108.0
113.9
1,978.2
165.8
57.6
570.2
99.0
154.6
19.7
14,458.4
189.0
21.3
2,950.6
140.3
16,946.6
4.55
3.44
3.53
0.64
0.75
4.46
3.01
3.16
4.06
2.99
—
5.49
2.99
0.84
2.49
4.55
1.47
4.42
—
3.73
1.92
4.58
5.66
3.24
6.32
7.81
—
—
7.40
2.96
8.00
1,883.5
4,507.6
6,316.3
1,727.0
955.4
13,714.5
354.5
6,132.3
4,549.9
40,851.1
101.7
233.4
29,047.4
2,493.7
17,304.6
561.3
471.5
120.0
74.8
321.6
380.5
5,079.4
310.3
562.6
83,465.2
3,634.7
639.2
1,043.9
322.2
73,450.1
255.7
13.080
2.311
4.036
—
—
4.534
1.666
3.966
8.499
4.623
0.355
1.239
13.358
—
15.183
2.199
0.679
—
0.120
2.680
0.509
15.300
1.050
—
8.551
1.278
3.003
1.449
1.310
18.864
0.751
8.78
12.21
12.83
5.55
—
8.86
18.28
10.86
22.56
13.89
8.24
8.95
12.30
30.40
9.98
15.15
5.44
—
—
54.81
33.33
15.43
12.79
15.82
11.85
13.21
9.17
16.48
13.10
14.27
5.48
7
0
4
1
PROP
0
1
0
0
0
0
0
1
2
2
2
1
1
0
1
1
2
1
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
2
0
1
2
0
1
1
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
2
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
26
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
Markets 2 7
T HURSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
BURSA MAL AYSIA MAIN MARKET . ACE MARKET
AP
IL)
0.6
2.9
6.8
6.6
1.8
6.1
1.5
8.5
9.4
4.6
7.2
8.7
9.2
7.7
2.7
3.6
5.2
4.8
5.6
8.5
5.5
6.0
1.4
0.9
1.5
2.5
9.4
8.0
3.3
0.3
9.7
2.8
9.5
2.5
4.0
8.0
2.5
8.6
4.5
0.9
4.5
0.6
0.0
3.4
1.9
5.0
7.4
2.9
6.4
1.5
3.2
2.0
7.3
4.6
8.6
3.1
3.2
3.2
0.1
8.1
0.4
0.5
9.8
7.1
2.3
6.5
6.2
8.3
9.0
1.0
6.5
5.1
8.8
7.9
7.4
4.9
4.6
2.8
9.7
5.3
1.8
8.3
0.0
8.0
0.5
4.3
3.4
0.3
6.1
3.6
0.8
1.8
5.6
8.6
5.4
7.6
2.1
1.7
0.0
7.5
1.9
9.9
2.5
4.6
8.4
8.0
6.5
4.0
2.0
4.8
5.9
1.3
0.3
0.3
5.9
8.7
9.1
8.0
3.9
8.2
5.8
7.6
0.2
9.0
4.6
9.7
8.4
9.0
1.3
0.6
0.3
6.6
3.5
7.6
6.3
7.0
5.4
4.5
4.5
2.3
9.9
1.1
1.7
3.4
7.4
3.7
4.6
1.3
1.5
0.0
4.8
1.6
0.5
9.4
0.3
2.6
5.2
4.7
9.2
3.9
2.2
0.1
5.7
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
7.466 4.911
0.700 0.505
4.440 3.654
1.860 1.100
PROPERTIES
0.992 0.693
1.070 0.760
0.495 0.354
0.295 0.155
0.680 0.460
0.710 0.475
0.909 0.721
1.420 0.900
2.342 1.590
2.591 1.434
2.595 1.939
1.080 0.430
1.920 1.380
0.350 0.210
1.830 1.170
1.310 0.665
2.950 1.750
1.000 0.655
0.626 0.445
0.931 0.710
0.498 0.332
0.665 0.425
1.459 1.005
0.750 0.430
1.976 1.547
0.668 0.455
1.313 0.950
2.824 2.213
2.450 1.735
0.480 0.315
1.320 0.745
0.325 0.185
0.075 0.040
1.217 0.850
1.909 1.200
0.510 0.324
1.548 1.209
1.630 1.179
0.355 0.230
1.129 0.805
1.692 1.240
0.891 0.607
2.649 1.999
1.380 1.032
0.635 0.495
0.980 0.555
0.440 0.275
2.810 1.842
0.457 0.286
0.255 0.145
1.482 0.775
1.500 0.850
0.390 0.265
2.880 1.950
2.980 1.385
1.993 1.473
2.051 1.374
0.510 0.280
1.477 1.253
2.264 1.679
0.285 0.195
1.730 0.715
1.103 0.625
1.080 0.855
0.665 0.450
3.308 2.740
0.200 0.130
1.097 0.735
5.482 4.111
3.455 2.800
1.150 0.810
3.300 2.836
0.845 0.690
0.325 0.225
8.648 6.000
0.085 0.045
1.762 1.133
0.195 0.095
0.760 0.250
0.095 0.045
1.944 1.350
1.149 0.774
1.370 0.755
2.280 1.680
1.601 1.113
1.764 0.756
2.060 1.474
0.800 0.595
MINING
1.400 1.140
PLANTATIONS
2.020 1.000
18.360 16.560
9.500 7.612
1.568 1.053
0.830 0.685
9.141 7.500
0.580 0.380
8.194 6.910
2.075 1.166
11.560 8.494
1.780 1.055
1.450 0.905
1.120 0.790
2.518 1.881
3.800 2.990
0.750 0.605
0.785 0.545
5.040 3.622
24.780 19.357
3.569 2.891
3.600 2.146
0.645 0.345
4.040 2.410
1.880 1.410
1.860 1.500
0.995 0.800
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
2.189 1.654
0.810 0.510
1.610 1.090
1.730 1.150
2.350 1.730
6.312 5.280
26.957 23.977
HOTELS
0.753 0.497
1.420 0.840
0.345 0.205
6.966 5.300
TECHNOLOGY
0.900 0.620
0.400 0.195
0.220 0.100
0.430 0.240
0.255 0.130
0.235 0.150
0.300 0.180
1.780 1.160
1.280 0.517
2.056 1.149
1.280 0.710
0.305 0.185
0.319 0.240
6.795 3.120
0.743 0.550
3.924 2.181
0.200 0.100
0.872 0.555
5.950 2.835
0.250 0.060
10.700 5.564
5.990
0.550
3.960
1.380
5.860
0.540
3.900
1.320
1066
4898
6139
5230
0.890
0.950
0.435
0.190
0.500
—
0.795
1.020
1.630
—
2.280
0.780
1.590
0.265
1.290
0.720
—
—
0.525
0.810
0.410
0.490
1.230
—
1.830
0.510
—
2.500
2.390
0.370
0.980
0.215
0.050
—
1.230
0.345
1.380
1.600
0.255
1.010
1.510
0.690
2.500
1.220
0.520
0.935
0.295
2.550
0.340
0.185
1.220
—
—
2.220
—
1.630
1.570
0.365
—
—
0.260
1.150
0.700
0.990
0.475
2.970
0.145
—
4.990
3.270
—
3.160
0.715
0.245
6.400
0.055
1.400
0.100
—
0.050
1.450
1.000
1.040
2.240
—
—
1.950
0.620
0.880
0.920
0.430
0.185
0.490
—
0.785
0.980
1.630
—
2.280
0.725
1.530
0.250
1.280
0.665
—
—
0.520
0.800
0.400
0.475
1.150
—
1.820
0.505
—
2.450
2.360
0.360
0.910
0.205
0.045
—
1.210
0.340
1.380
1.580
0.245
0.985
1.450
0.680
2.450
1.200
0.510
0.910
0.290
2.470
0.330
0.185
1.190
—
—
2.180
—
1.610
1.560
0.360
—
—
0.250
1.100
0.695
0.980
0.465
2.960
0.140
—
4.990
3.130
—
3.110
0.705
0.235
6.400
0.050
1.380
0.100
—
0.045
1.430
0.990
1.010
2.190
—
—
1.940
0.615
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
1.230
1.210
2186
KUCHAI
1.800
17.900
—
1.490
0.725
—
0.460
—
1.460
10.660
1.400
1.410
0.880
2.380
3.500
0.710
0.645
4.410
23.340
3.270
3.390
0.555
4.040
—
—
0.940
—
4.060
—
—
0.555
—
3.050
—
4.400
2.020
0.715
1.200
1.660
2.000
—
26.500
1.770
17.660
—
1.480
0.720
—
0.455
—
1.440
10.500
1.380
1.400
0.880
2.370
3.490
0.710
0.630
4.350
23.040
3.200
3.310
0.545
4.000
—
—
0.905
—
4.050
—
—
0.530
—
3.050
—
4.370
2.020
0.685
1.190
1.650
1.980
—
26.400
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
—
0.940
0.335
5.620
—
0.910
0.330
5.490
5592
1643
1287
5517
GCE
LANDMRK
PMHLDG
SHANG
—
0.255
0.100
0.295
0.155
0.155
0.230
1.650
1.280
1.570
0.875
0.260
0.255
3.550
0.570
2.770
—
0.690
4.130
0.170
7.350
—
0.250
0.100
0.295
0.145
0.150
0.225
1.630
1.200
1.560
0.860
0.250
0.250
3.120
0.570
2.650
—
0.650
4.090
0.160
7.130
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
* Volume Weighted Average Price
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
RHBCAP
TA
TAKAFUL
TUNEPRO
5.950
0.550
3.950
1.380
-0.050
0.005
-0.020
0.070
646.5
150.8
733
1437.9
5.930
0.546
3.934
1.354
10.24
—
20.59
15.05
2.02
1.00
3.63
3.62
18,294.3
941.6
3,239.7
1,037.4
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
0.880
0.950
0.430
0.185
0.490
0.505
0.795
0.985
1.630
1.500
2.280
0.770
1.590
0.265
1.280
0.720
2.110
0.780
0.525
0.810
0.400
0.485
1.230
0.510
1.830
0.510
1.030
2.450
2.380
0.365
0.980
0.210
0.050
0.990
1.230
0.345
1.380
1.590
0.255
1.010
1.500
0.690
2.490
1.220
0.520
0.930
0.295
2.500
0.340
0.185
1.220
0.850
0.315
2.220
2.600
1.630
1.570
0.365
1.400
1.740
0.260
1.130
0.700
0.985
0.465
2.960
0.145
0.785
4.990
3.130
0.840
3.130
0.705
0.240
6.400
0.050
1.400
0.100
0.260
0.050
1.450
1.000
1.020
2.200
1.180
1.020
1.940
0.620
-0.010
429.4
0.030
910
-0.005
36.5
UNCH
259
-0.010
17
—
—
UNCH
139
-0.035
25.8
-0.050
1
—
—
-0.020
1
0.040
280.9
0.040 1670.3
0.010 2157.9
UNCH 1305.7
UNCH
2
—
—
—
—
0.005
36
UNCH
32.6
-0.005
19
0.005
988.2
UNCH
15.1
—
—
0.010
44.3
0.005
175.3
—
—
-0.020
342.5
-0.020 1640.1
0.005
579.2
0.060 10493.6
UNCH
872.8
UNCH
438
—
—
0.020
356.9
UNCH
753.2
UNCH
5
UNCH
868.2
0.005
70.6
UNCH
71
0.030
964.1
UNCH
203.3
UNCH
131.6
0.020
32
UNCH
38
0.010
1472
0.010
150
0.010 1734.6
0.005
640
UNCH
10
0.030 1457.4
—
—
—
—
0.010
126.5
—
—
-0.010
200.3
UNCH
100.1
-0.010
389.9
—
—
—
—
0.005
639.7
0.020
35.3
0.005
94.5
0.015
27.5
-0.015
140.2
UNCH
38.2
0.005
27
—
—
-0.010
90.3
-0.060
483.7
—
—
UNCH
563.4
-0.005
35
UNCH
393.5
UNCH
2
UNCH 1400.5
0.010
263.4
UNCH
100
—
—
UNCH
6827
UNCH
6.3
UNCH
440.3
-0.010 4185.5
-0.020 1406.5
—
—
—
—
-0.040
1793
UNCH
67
0.881
6.21
0.940 15.42
0.434
—
0.185
0.48
0.496
5.82
—
8.21
0.790 22.91
0.991
—
1.630 20.79
—
7.09
2.280 16.03
0.762
—
1.555 13.05
0.260 10.00
1.284 44.14
0.698 54.55
— 28.25
— 13.07
0.522
5.80
0.810
6.62
0.404
9.39
0.481
4.03
1.171
4.15
—
—
1.823
4.08
0.509 12.59
— 14.15
2.468 15.08
2.379
9.56
0.369
8.57
0.955 90.74
0.209
8.37
0.047
—
—
7.62
1.215
4.42
0.345
7.88
1.380
6.45
1.589 11.24
0.250
—
0.993
1.68
1.497
9.40
0.682
9.30
2.483
6.40
1.201 21.22
0.515
—
0.920
7.55
0.294
6.06
2.503
8.86
0.336 10.12
0.185
—
1.209
6.59
—
5.38
—
—
2.189 15.32
— 12.18
1.624
3.43
1.569
9.82
0.364
—
— 11.23
—
3.99
0.254
—
1.101 53.30
0.698 11.08
0.987
5.77
0.470
—
2.967
6.85
0.140
—
— 12.54
4.990
3.30
3.193 10.24
— 14.95
3.144
7.50
0.708 21.43
0.240 29.27
6.400 20.30
0.050 125.00
1.387
5.85
0.100
—
— 89.66
0.050
—
1.449
6.58
0.996
6.69
1.024 17.99
2.207
7.82
—
9.05
—
7.03
1.950 43.30
0.620 17.82
3.41
1.58
4.65
1.62
—
—
1.26
—
3.07
13.33
2.19
—
1.89
—
—
—
—
1.92
3.81
5.25
5.00
—
1.63
—
7.10
2.96
3.40
4.08
2.52
—
—
0.95
—
3.03
5.69
5.80
3.62
2.20
—
7.92
4.33
4.35
5.78
1.64
—
—
—
2.80
8.82
—
2.05
—
—
1.58
2.88
3.07
5.25
—
5.36
2.59
—
2.21
2.29
3.05
—
8.45
—
2.55
2.40
3.10
—
3.51
7.09
1.38
5.00
—
6.93
—
—
—
3.10
7.00
1.57
5.91
2.54
8.58
—
—
528.9
346.8
127.2
183.6
202.1
104.4
884.9
271.6
457.2
150.0
483.8
238.2
2,003.1
193.5
3,026.3
200.6
287.4
99.8
73.7
589.5
150.2
220.5
861.6
20.4
483.1
505.9
511.3
3,343.8
10,528.2
162.6
656.3
159.2
288.8
189.8
1,246.7
377.1
104.0
892.2
92.2
336.2
3,614.1
309.4
1,404.8
1,628.4
256.1
248.4
75.8
1,048.6
410.5
53.2
2,301.6
48.0
240.7
555.0
376.7
2,286.7
664.0
75.2
740.4
663.9
90.0
157.7
164.4
419.7
103.0
716.7
30.4
380.0
1,714.6
8,227.1
671.0
6,223.7
218.6
1,277.2
479.1
211.0
594.7
33.5
97.9
69.5
522.0
1,447.5
4,628.2
3,345.7
574.6
203.4
856.4
523.5
1.210
-0.010
42.8
1.800
17.900
8.690
1.480
0.720
8.000
0.460
7.860
1.440
10.600
1.380
1.410
0.880
2.370
3.500
0.710
0.645
4.390
23.180
3.270
3.390
0.555
4.000
1.470
1.650
0.910
2.330
4.050
0.300
1.020
0.550
3.820
3.050
0.565
4.390
2.020
0.710
1.200
1.660
1.980
5.900
26.500
UNCH
0.300
—
-0.010
-0.005
—
0.005
—
-0.020
0.100
-0.030
0.060
-0.020
-0.010
UNCH
-0.035
-0.025
-0.010
-0.200
-0.030
0.060
0.010
0.030
—
—
-0.040
—
-0.070
—
—
0.015
—
UNCH
—
UNCH
UNCH
0.010
0.010
0.010
-0.020
—
0.500
74.9
12.6
—
62.3
126
—
39.1
—
2713.7
325.7
53.7
20.3
10
10
250
45.9
28.7
5961.7
1669.2
29.5
22.7
872
10011
—
—
74.8
—
10
—
—
108.8
—
4
—
86
5
991.1
13.3
415
137.3
—
28.4
0.565
0.915
0.335
5.500
—
-0.025
0.005
0.040
—
150.6
398
446.3
—
0.921
0.334
5.501
0.705
0.255
0.100
0.295
0.155
0.155
0.225
1.650
1.250
1.560
0.875
0.250
0.255
3.510
0.570
2.770
0.160
0.685
4.130
0.170
7.210
—
—
UNCH
486
-0.005
118
-0.005
71
0.005
84.1
UNCH
193
UNCH
162.9
UNCH
237
-0.020 1399.2
-0.010
42.6
0.015
95.1
UNCH
1820
UNCH
129.5
0.270 16545.6
UNCH
20
0.030 4884.3
—
—
0.035
2655
0.010
21.8
0.005 1025.2
0.010
62.2
—
0.252
0.100
0.295
0.149
0.155
0.226
1.638
1.249
1.567
0.872
0.256
0.250
3.362
0.570
2.735
—
0.676
4.114
0.165
7.250
# PE is calculated based on latest 12 months reported Earnings Per Share
—
0.70
149.7
1.796
—
17.873
9.64
—
—
1.483 30.08
0.721 22.64
— 28.28
0.459
6.51
— 15.59
1.446 161.80
10.599 43.25
1.395
—
1.405 34.31
0.880
—
2.373 19.65
3.500 60.66
0.710
—
0.630 13.03
4.393
—
23.205 17.01
3.242
—
3.333 14.30
0.552
—
4.015 39.22
—
—
—
—
0.913 45.05
—
—
4.055 47.20
—
—
—
—
0.538
—
— 39.54
3.050
—
—
—
4.391 22.82
2.020 26.51
0.700 14.17
1.199 17.12
1.653
—
1.991
—
— 24.97
26.490 18.10
1.221
1.11
2.79
0.23
—
2.08
2.00
—
3.18
2.78
0.52
0.72
2.13
9.09
3.38
1.71
1.65
—
1.82
1.94
0.31
3.83
—
2.38
—
—
1.65
0.43
1.48
—
—
—
1.57
0.66
—
1.14
3.71
2.11
1.67
—
1.01
2.71
1.51
216.0
7,803.5
812.5
2,368.0
229.3
730.9
389.2
1,111.3
5,253.3
8,361.3
307.6
252.9
163.2
1,896.0
3,082.0
298.7
308.4
28,367.4
24,744.8
206.6
1,057.0
1,040.6
5,619.6
458.2
123.8
178.9
279.6
284.3
44.9
333.2
780.2
247.7
202.3
65.0
1,938.6
565.6
1,052.0
1,060.6
660.9
2,663.9
1,234.4
5,515.6
—
—
3350
18.66
3.54
—
—
2.55
111.3
439.9
311.2
2,420.0
42.47
10.76
—
28.37
—
—
15.63
9.19
34.25
10.80
54.69
—
10.08
13.85
62.64
15.12
—
6.96
6.51
—
8.94
—
—
—
—
—
—
—
3.64
2.40
5.13
—
—
1.96
3.13
3.51
2.80
—
9.85
0.73
—
3.19
34.7
127.9
43.6
291.3
59.4
78.9
174.4
297.0
258.5
282.6
569.5
172.6
123.2
989.3
57.7
2,648.5
16.4
1,422.1
177.6
141.8
1,513.3
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
1.400 0.890
—
—
0.495 0.360 0.385
0.385
0.765 0.410 0.470
0.450
0.360 0.245 0.285
0.280
0.915 0.560 0.680
0.640
0.475 0.235 0.415
0.390
0.105 0.035 0.035
0.035
2.520 1.498 2.240
2.140
3.840 2.684 3.610
3.550
0.960 0.640 0.665
0.655
INFRASTRUCTURE PROJECT COMPANIES
5.846 4.310 4.430
4.360
5.330 3.662 5.220
5.100
1.950 1.010 1.180
1.140
0.575 0.335 0.385
0.375
7.924 5.245 7.320
7.240
1.600 1.400 1.490
1.470
CLOSED-END FUNDS
2.380 2.100 2.340
2.330
EXCHANGE TRADED FUNDS
1.088 1.035
—
—
1.860 1.550 1.640
1.640
1.540 1.015 1.100
1.100
1.840 1.580
—
—
1.010 0.900
—
—
1.015 0.850
—
—
1.175 0.990 1.060
1.060
1.075 0.940
—
—
REITS
1.040 0.875 1.020
1.020
1.570 1.243 1.520
1.520
1.112 0.881 0.970
0.970
0.858 0.672 0.735
0.725
0.905 0.746 0.905
0.900
1.116 0.974 1.070
1.070
1.735 1.490 1.640
1.640
1.500 1.206 1.450
1.440
1.520 1.348 1.520
1.510
1.570 1.199 1.540
1.500
7.500 6.800 7.240
7.060
1.170 0.954 1.150
1.150
1.820 1.346 1.780
1.710
1.650 1.401 1.610
1.590
1.230 1.045 1.220
1.220
1.640 1.397 1.630
1.630
1.080 0.946 1.060
1.060
SPAC
0.705 0.650 0.685
0.680
0.695 0.595 0.680
0.675
0.475 0.415 0.445
0.440
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
0.950
0.385
0.450
0.280
0.670
0.415
0.035
2.200
3.600
0.665
—
UNCH
-0.010
0.035
0.025
0.025
UNCH
0.050
0.050
0.005
—
55
73.3
32.8
797.2
74.9
679.6
1567.3
64
542
—
0.385
0.457
0.282
0.666
0.407
0.035
2.183
3.564
0.658
—
—
—
15.56
7.48
18.44
—
9.54
18.94
8.95
—
—
—
—
—
—
—
4.55
0.56
3.01
57.4
104.1
175.3
67.6
98.2
44.5
42.3
1,614.4
842.0
164.9
6947
6645
6807
5078
5031
6742
DIGI
LITRAK
PUNCAK
SILKHLD
TIMECOM
YTLPOWR
4.390
5.100
1.160
0.380
7.240
1.480
-0.010
-0.100
UNCH
-0.005
-0.210
0.010
6100.9
103.5
992.6
179.9
190.8
1806.5
4.394
5.201
1.153
0.381
7.258
1.478
20.79
17.38
—
—
8.90
11.67
4.78
4.90
—
—
0.93
6.76
34,132.3
2,666.1
521.2
266.6
4,167.3
11,990.4
5108
ICAP
2.330
-0.020
13
2.331
14.59
—
326.2
0800EA
0822EA
0823EA
0820EA
0826EA
0825EA
0821EA
0824EA
ABFMY1
CIMBA40
CIMBC50
FBMKLCI-EA
METFAPA
METFSID
MYETFDJ
MYETFID
1.086
1.640
1.100
1.735
0.942
0.879
1.060
1.000
—
0.005
UNCH
—
—
—
-0.020
—
—
5
19
—
—
—
0.4
—
—
1.640
1.100
—
—
—
1.060
—
—
—
—
—
—
—
—
—
5.23
3.82
—
1.44
—
2.45
2.24
3.15
1,374.2
2.2
13.6
2.9
17.9
17.6
266.6
21.6
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
1.020
1.520
0.970
0.725
0.905
1.070
1.640
1.450
1.520
1.520
7.240
1.150
1.740
1.600
1.220
1.630
1.060
UNCH
-0.030
-0.005
0.005
0.005
UNCH
UNCH
-0.010
0.020
UNCH
-0.060
0.010
0.040
UNCH
UNCH
-0.010
0.010
10
18.8
2.9
115.6
51.2
31.6
16.4
52.1
73.5
2008.6
1219.6
70.5
2626.3
2061.5
9
27
179.5
1.020
8.29
1.520 15.82
0.970 38.04
0.728
7.28
0.900
8.69
1.070
8.71
1.640 18.34
1.450 12.13
1.519 139.45
1.522 20.51
7.191 11.55
1.150 10.94
1.743 18.53
1.601
8.39
1.220 13.26
1.630
6.25
1.060 83.46
6.86
5.07
1.24
7.03
6.93
7.34
5.12
5.93
6.91
5.31
4.79
3.62
4.73
5.69
5.68
6.76
7.22
102.0
1,106.9
562.6
497.6
518.8
130.3
1,803.7
2,941.1
609.0
5,286.1
13,070.6
760.6
5,254.5
4,708.3
342.2
689.3
1,403.9
CLIQ
REACH
SONA
0.685
0.680
0.445
0.005
UNCH
0.005
160
1257.5
5136.9
0.685
0.680
0.440
—
—
—
—
—
—
432.2
868.9
627.8
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 0.360
0.320 0.095 0.220
0.429 0.240 0.255
0.075 0.050 0.055
INDUSTRIAL PRODUCTS
0.345 0.175 0.250
0.125 0.060 0.060
0.610 0.405 0.415
0.320 0.110 0.135
0.605 0.260 0.555
0.065 0.040 0.045
0.880 0.355 0.415
0.125 0.070 0.120
0.340 0.110
—
0.165 0.085 0.100
0.205 0.120 0.140
0.150 0.065 0.090
0.500 0.293 0.390
0.195 0.105 0.175
0.100 0.040 0.050
0.145 0.085 0.135
0.200 0.120
—
0.415 0.115 0.145
0.270 0.165 0.190
TECHNOLOGY
0.250 0.100 0.200
0.615 0.270 0.290
0.270 0.100 0.150
1.600 0.255 0.265
0.015 0.005
—
1.310 0.805 0.830
0.095 0.005
—
0.105 0.050 0.055
0.115 0.050 0.050
0.150 0.060 0.105
0.415 0.190 0.280
0.095 0.045 0.065
0.315 0.120 0.125
0.060 0.035 0.035
0.150 0.080 0.085
0.155 0.060 0.065
1.854 0.460 0.615
0.150 0.045 0.045
0.305 0.150 0.155
0.854 0.523 0.600
0.585 0.150 0.585
0.670 0.180 0.245
0.080 0.040 0.065
0.385 0.100 0.200
0.210 0.105 0.210
0.105 0.050 0.065
0.970 0.460
—
1.950 0.610 1.010
0.588 0.281 0.515
0.110 0.060
—
0.080 0.055 0.060
0.859 0.451 0.500
0.305 0.175
—
0.365 0.180 0.235
0.200 0.075 0.160
1.058 0.599 0.815
0.075 0.025 0.045
0.135 0.050 0.060
0.215 0.085 0.090
1.034 0.536 0.620
0.333 0.270 0.280
0.730 0.165 0.520
0.100 0.030 0.080
0.385 0.150 0.190
0.155 0.060 0.070
0.728 0.313 0.525
0.135 0.030 0.045
0.644 0.307 0.370
0.160 0.065 0.065
0.470 0.170 0.190
0.175 0.065 0.070
0.450 0.276 0.410
0.180 0.080 0.105
0.368 0.150 0.160
0.160 0.100 0.120
0.340 0.140 0.190
0.345 0.075 0.345
0.260 0.065 0.090
0.390 0.025 0.025
0.305 0.110 0.125
0.560 0.451 0.530
TRADING SERVICES
0.270 0.150
—
0.170 0.095
—
0.095 0.040 0.045
0.316 0.196 0.255
0.300 0.180
—
0.600 0.350 0.450
0.760 0.300 0.625
0.475 0.260 0.370
0.250 0.155 0.170
0.240 0.140 0.170
0.245 0.120 0.185
0.400 0.280
—
0.303 0.168 0.250
0.040 0.005 0.010
0.290 0.130 0.245
0.815 0.500 0.530
0.970 0.480
—
2.670 1.700 2.100
0.283 0.195 0.205
0.480 0.325
—
0.055 0.030 0.035
1.490 0.450 1.000
0.225 0.100
—
0.705 0.110 0.130
FINANCE
0.570 0.390 0.480
DAY
LOW
CODE
COUNTER
0.355
0.210
0.250
0.050
0179
0170
0148
0095
BIOHLDG
KANGER
SUNZEN
XINGHE
0.355
0.220
0.250
0.050
-0.005
0.005
Unch
-0.005
6110.7
3345.4
896.7
2245
0.355
0.215
0.251
0.053
22.76
13.17
—
1.47
—
—
1.84
2.00
177.5
163.6
119.8
117.4
0.245
0.060
0.405
0.125
0.535
0.040
0.405
0.115
—
0.095
0.135
0.080
0.380
0.165
0.040
0.125
—
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
0.250
0.060
0.410
0.135
0.545
0.045
0.415
0.115
0.145
0.095
0.140
0.085
0.385
0.175
0.050
0.135
0.150
0.140
0.190
Unch 1323.5
Unch
290
Unch
268.9
0.005 3493.9
Unch
1646
0.005
517.7
0.015 1630.3
-0.005 11242.2
—
—
Unch 1453.5
Unch
50.1
-0.005 3037.5
0.005
286.8
0.005
997.6
0.005 2040.3
0.010 2709.1
—
—
0.010 2713.3
Unch
142.4
0.245
0.060
0.407
0.128
0.546
0.041
0.411
0.120
—
0.095
0.135
0.083
0.385
0.174
0.045
0.130
—
0.136
0.190
10.46
—
24.70
10.80
16.37
—
14.56
—
—
—
—
—
9.63
16.99
17.86
11.07
—
—
12.67
2.40
—
0.73
—
—
—
0.80
—
—
5.26
—
—
1.82
—
—
2.96
—
—
2.63
65.9
26.0
158.6
29.2
112.0
36.0
128.1
38.3
19.7
108.7
33.9
23.7
85.9
26.3
57.2
32.8
83.3
30.1
32.5
0.200
0.270
0.120
0.255
—
0.825
—
0.050
0.050
0.100
0.280
0.065
0.120
0.035
0.080
0.060
0.575
0.045
0.150
0.570
0.530
0.230
0.060
0.185
0.190
0.065
—
1.000
0.505
—
0.060
0.480
—
0.225
0.150
0.810
0.040
0.055
0.090
0.610
0.275
0.450
0.075
0.185
0.065
0.505
0.045
0.365
0.065
0.185
0.070
0.395
0.105
0.150
0.120
0.185
0.330
0.080
0.025
0.120
0.530
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
0.200
0.290
0.140
0.265
0.010
0.825
0.005
0.055
0.050
0.105
0.280
0.065
0.125
0.035
0.080
0.060
0.610
0.045
0.155
0.595
0.585
0.240
0.065
0.200
0.200
0.065
0.610
1.010
0.510
0.075
0.060
0.495
0.215
0.230
0.155
0.815
0.045
0.055
0.090
0.620
0.275
0.515
0.080
0.190
0.070
0.525
0.045
0.370
0.065
0.190
0.070
0.405
0.105
0.160
0.120
0.185
0.345
0.090
0.025
0.125
0.530
-0.005
2337
0.015 1123.9
0.010
994.4
Unch
30
—
—
-0.005
128.5
—
—
0.005 4735.9
Unch
134.5
Unch 3229.5
Unch
10
-0.005
130
Unch 1845.5
-0.005
1204
-0.005
40.2
Unch
80
0.020 13976.8
Unch
330
Unch 7203.8
-0.055
26.5
0.045 3856.5
Unch 1650.4
0.005
1273
0.010 1901.6
0.010 5198.1
-0.005
30
—
—
Unch
37
Unch
492.4
—
—
Unch
1087
0.025
482.1
—
—
0.005 2089.9
Unch 7630.4
0.045
5
0.005
710
-0.005
2232
Unch
456.1
Unch
64
Unch
117.8
0.035 2690.4
0.005 1763.4
0.005
961.4
0.005 7929.5
0.010
38.1
Unch
2
0.005
119
Unch
891.5
Unch
43.3
-0.005
356.5
0.005
1082
-0.010
10
0.010
585.4
Unch
300
-0.005
336.1
0.005 54321.9
Unch
940.5
Unch
60
Unch
193.5
0.005
38.8
0.200
—
0.282 11.33
0.138
—
0.260
—
—
—
0.828 229.17
—
—
0.050
—
0.050 71.43
0.100
—
0.280 24.78
0.065
—
0.125
5.84
0.035 12.96
0.085
—
0.064
—
0.601 15.37
0.045
—
0.155
—
0.578 27.29
0.558 11.14
0.239
9.60
0.061
—
0.193 15.50
0.201
—
0.065
—
— 18.10
1.004 14.35
0.510 16.04
—
—
0.060
—
0.493
9.98
—
—
0.229
—
0.158
—
0.812 38.44
0.043
—
0.055
3.57
0.090 128.57
0.618 11.38
0.279 10.54
0.494
—
0.076 10.81
0.188 35.85
0.070 13.21
0.522 13.39
0.045
—
0.366 30.08
0.065
—
0.190
—
0.070
—
0.400 14.73
0.105
—
0.152 39.02
0.120
—
0.186
—
0.340 82.14
0.085
—
0.025
—
0.125
—
0.530 20.54
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.64
—
—
1.68
—
2.08
—
—
—
—
—
—
2.16
—
—
4.04
—
—
—
2.45
—
—
—
3.23
3.20
—
—
1.05
—
3.81
—
—
—
—
—
2.47
—
3.75
—
—
—
—
—
—
7.55
128.1
127.3
39.4
30.8
8.1
356.5
0.5
26.9
67.8
156.5
237.1
46.7
44.0
10.1
21.1
29.7
371.1
18.8
338.3
75.0
72.0
113.4
48.0
47.4
39.5
12.8
57.4
153.7
156.0
14.0
57.2
80.7
20.3
163.4
35.9
388.2
28.1
103.6
53.7
100.0
81.9
62.3
25.6
106.1
75.8
99.4
9.0
74.0
36.0
54.2
22.4
81.0
12.7
50.8
45.0
20.5
892.6
27.3
12.8
24.2
715.5
—
—
0.040
0.255
—
0.445
0.625
0.360
0.170
0.170
0.180
—
0.245
0.005
0.235
0.520
—
2.100
0.205
—
0.035
0.995
—
0.125
0122
0048
0150
0011
0157
0081
0147
0180
0167
0153
0177
0006
0171
0110
0080
0032
0173
0158
0161
0137
0140
0089
0145
0165
AIM
ANCOMLB
ASIABIO
BTECH
FOCUSP
IDEAL
INNITY
KTC
MCLEAN
OVERSEA
PASUKGB
PINEAPP
PLABS
RA
RAYA
REDTONE
REV
SCC
SCH
STEMLFE
STERPRO
TEXCYCL
TFP
XOX
0.200
0.095
0.045
0.255
0.210
0.450
0.625
0.365
0.170
0.170
0.185
0.300
0.245
0.010
0.245
0.520
0.510
2.100
0.205
0.480
0.035
0.995
0.130
0.125
—
—
—
—
Unch
156
0.015
0.1
—
—
Unch
212.6
Unch
5
0.010 1939.6
-0.005
100
-0.005
100
Unch
484.9
—
—
0.005
153.5
0.005 16176.9
Unch
201
-0.015
82
—
—
-0.140
4
Unch
50
—
—
Unch
702
-0.005
43
—
—
Unch 4241.7
—
—
0.042
0.255
—
0.446
0.625
0.364
0.170
0.170
0.185
—
0.245
0.007
0.240
0.524
—
2.100
0.205
—
0.035
0.996
—
0.125
80.00
—
—
13.71
26.25
18.22
29.48
22.12
6.77
—
71.15
—
13.17
—
—
—
31.29
14.08
26.28
—
—
22.26
50.00
10.87
—
—
—
2.47
4.76
—
—
—
—
1.76
—
—
2.86
—
—
0.38
—
2.38
7.32
6.25
—
0.50
—
—
53.2
45.0
39.0
64.3
34.7
85.2
86.5
186.6
30.4
41.7
60.0
14.6
50.7
9.7
35.1
393.8
68.7
89.8
84.5
118.8
34.6
169.9
26.7
69.6
0.430
0053
OSKVI
0.430
-0.005
0.430
—
4.65
85.0
130.9
28 Markets
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
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
0.240
0.130
0.095
0.150
0.130
0.745
0.840
0.310
0.260
0.110
0.370
0.215
0.330
0.185
0.120
0.095
0.180
0.100
0.070
0.050
0.130
0.155
0.135
0.045
0.170
0.125
0.055
0.180
0.170
0.125
0.150
0.380
0.150
0.210
0.485
0.310
0.165
0.135
0.100
0.060
0.105
0.180
0.173
0.105
0.330
1.330
0.505
0.220
0.140
0.190
0.120
0.045
0.200
0.045
0.110
0.265
0.115
0.460
0.065
0.225
0.110
0.255
0.420
0.105
0.110
0.050
0.215
0.115
0.210
0.140
0.110
0.145
0.105
0.385
0.090
0.090
0.200
0.120
0.195
0.640
0.180
0.650
0.815
0.065
0.635
0.625
0.860
0.230
0.660
0.790
0.125
0.225
0.290
0.195
0.045
0.370
0.405
0.190
0.245
0.200
0.090
0.075
0.155
0.130
0.900
0.265
0.365
0.190
0.140
0.395
0.545
0.130
0.160
0.155
0.210
0.115
0.195
0.640
0.625
0.675
0.080
0.210
0.340
0.150
0.225
0.030
0.145
0.255
0.185
1.160
0.035
0.050
0.005
0.070
0.060
0.090
0.320
0.085
0.060
0.030
0.185
0.060
0.125
0.110
0.040
0.015
0.050
0.010
0.010
0.030
0.010
0.030
0.025
0.015
0.095
0.065
0.025
0.100
0.010
0.050
0.085
0.150
0.005
0.080
0.225
0.090
0.065
0.060
0.070
0.025
0.050
0.095
0.060
0.065
0.060
0.410
0.255
0.085
0.070
0.005
0.005
0.020
0.050
0.010
0.020
0.125
0.015
0.255
0.020
0.015
0.065
0.165
0.215
0.030
0.005
0.005
0.070
0.040
0.085
0.035
0.050
0.085
0.075
0.110
0.020
0.025
0.080
0.005
0.030
0.340
0.095
0.175
0.390
0.020
0.180
0.300
0.235
0.060
0.080
0.105
0.030
0.025
0.055
0.030
0.010
0.070
0.190
0.090
0.150
0.100
0.030
0.030
0.100
0.005
0.325
0.040
0.150
0.020
0.090
0.170
0.280
0.020
0.095
0.075
0.150
0.065
0.130
0.030
0.075
0.060
0.050
0.025
0.050
0.005
0.095
0.010
0.010
0.145
0.120
0.805
0.225
0.100
0.010
0.080
0.095
0.615
0.720
0.240
0.180
0.040
0.285
0.160
0.250
0.135
0.060
0.020
0.115
0.015
0.010
0.040
0.015
0.040
0.030
0.020
0.150
0.085
0.025
0.105
0.010
0.050
0.090
0.355
0.010
0.140
0.335
0.130
0.070
0.080
0.095
0.025
0.055
0.145
0.075
0.085
0.110
1.000
0.450
0.100
0.090
0.005
0.005
0.035
0.080
0.015
0.030
0.170
0.050
0.385
0.025
0.015
0.090
0.185
0.270
0.055
0.010
0.010
0.100
0.045
0.090
0.035
0.055
0.085
0.075
0.180
0.060
0.055
0.135
0.005
0.030
0.395
0.170
0.630
0.505
0.030
0.635
0.350
0.355
0.205
0.095
0.110
0.045
0.025
0.065
0.035
0.010
0.095
0.225
0.115
0.160
0.110
0.040
0.045
0.110
0.005
0.450
0.095
0.200
0.050
0.105
0.245
0.395
0.050
0.140
0.115
0.210
0.115
0.195
0.080
0.135
0.500
0.050
0.035
0.050
0.005
0.110
0.015
0.080
0.195
0.140
1.020
0.195
0.090
0.005
0.070
0.095
0.585
0.700
0.235
0.180
0.030
0.280
0.135
0.245
0.120
0.060
0.020
0.085
0.015
0.010
0.035
0.015
0.040
0.030
0.020
0.140
0.065
0.025
0.105
0.010
0.050
0.085
0.335
0.010
0.140
0.320
0.125
0.065
0.080
0.085
0.025
0.050
0.135
0.065
0.080
0.110
0.990
0.440
0.095
0.075
0.005
0.005
0.035
0.075
0.015
0.025
0.160
0.015
0.375
0.020
0.015
0.085
0.170
0.250
0.050
0.010
0.005
0.080
0.045
0.085
0.035
0.050
0.085
0.075
0.180
0.055
0.050
0.110
0.005
0.030
0.380
0.145
0.600
0.470
0.030
0.450
0.340
0.320
0.170
0.080
0.105
0.030
0.025
0.055
0.030
0.010
0.070
0.190
0.090
0.150
0.100
0.030
0.030
0.100
0.005
0.400
0.070
0.200
0.030
0.105
0.230
0.360
0.035
0.140
0.090
0.175
0.100
0.175
0.055
0.110
0.480
0.050
0.030
0.050
0.005
0.110
0.015
0.075
0.165
0.140
0.955
CODE
5238WA
0018WA
6599CE
5185CT
7315WB
509924
509926
509927
509928
509929
509930
509931
509932
509933
9342WB
5194WA
0119WA
521011
521012
521014
5210C6
5210C8
5210C9
0150WA
0105WA
6399CV
7070WB
7099WB
6888C4
6888C5
6888C8
7078WA
4162CE
7241WA
5258WA
6998WA
5248CJ
5248CK
5248CM
3395C1
3395CZ
3395WB
7036WB
7036WC
7188WB
7174WA
7076WA
5195WB
102310
2852CM
2852CN
2852CP
0102WA
5214WA
0051WA
7212WA
7277C5
7277WA
694711
6947C9
7114WA
5265WA
7169WA
7198WB
161916
161918
161919
161920
161921
5216CK
5216CL
5216CN
5216CO
3417WB
0154WB
0154WC
3557WC
8206CB
8206CE
8206WA
1368CG
0065WA
8907WC
7182WA
8877WB
5056WA
7249WA
7047WB
65026
65028
65034
65036
65038
0650C4
65040
65044
65046
65048
65052
65054
65056
65058
65060
65027
65031
65037
65041
65043
65047
65049
65051
65053
65057
65059
65061
65063
65065
0650HV
0650HW
8605WB
522210
5222C6
5222C8
5222C9
9318WB
0109WB
539823
539826
539827
5398WE
WARRANTS
AAX-WA
ACCSOFT-WA
AEON-CE
AFFIN-CT
AHB-WB
AIRASIAC24
AIRASIAC26
AIRASIAC27
AIRASIAC28
AIRASIAC29
AIRASIAC30
AIRASIAC31
AIRASIAC32
AIRASIAC33
ANZO-WB
APFT-WA
APPASIA-WA
ARMADA-C11
ARMADA-C12
ARMADA-C14
ARMADA-C6
ARMADA-C8
ARMADA-C9
ASIABIO-WA
ASIAPLY-WA
ASTRO-CV
ASUPREM-WB
ATTA-WB
AXIATA-C4
AXIATA-C5
AXIATA-C8
AZRB-WA
BAT-CE
BHS-WA
BIMB-WA
BINTAI-WA
BJAUTO-CJ
BJAUTO-CK
BJAUTO-CM
BJCORP-C1
BJCORP-CZ
BJCORP-WB
BORNOIL-WB
BORNOIL-WC
BTM-WB
CAB-WA
CBIP-WA
CENSOF-WB
CIMB-C10
CMSB-CM
CMSB-CN
CMSB-CP
CONNECT-WA
CSL-WA
CUSCAPI-WA
DESTINI-WA
DIALOG-C5
DIALOG-WA
DIGI-C11
DIGI-C9
DNONCE-WA
DOLPHIN-WA
DOMINAN-WA
DPS-WB
DRBHCOMC16
DRBHCOMC18
DRBHCOMC19
DRBHCOMC20
DRBHCOMC21
DSONIC-CK
DSONIC-CL
DSONIC-CN
DSONIC-CO
E&O-WB
EAH-WB
EAH-WC
ECOFIRS-WC
ECOWLD-CB
ECOWLD-CE
ECOWLD-WA
EDGENTA-CG
EFORCE-WA
EG-WC
EKA-WA
EKOVEST-WB
ENGTEX-WA
EWEIN-WA
FAJAR-WB
FBMKLCI-C26
FBMKLCI-C28
FBMKLCI-C34
FBMKLCI-C36
FBMKLCI-C38
FBMKLCI-C4
FBMKLCI-C40
FBMKLCI-C44
FBMKLCI-C46
FBMKLCI-C48
FBMKLCI-C52
FBMKLCI-C54
FBMKLCI-C56
FBMKLCI-C58
FBMKLCI-C60
FBMKLCI-H27
FBMKLCI-H31
FBMKLCI-H37
FBMKLCI-H41
FBMKLCI-H43
FBMKLCI-H47
FBMKLCI-H49
FBMKLCI-H51
FBMKLCI-H53
FBMKLCI-H57
FBMKLCI-H59
FBMKLCI-H61
FBMKLCI-H63
FBMKLCI-H65
FBMKLCI-HV
FBMKLCI-HW
FFHB-WB
FGV-C10
FGV-C6
FGV-C8
FGV-C9
FITTERS-WB
FLONIC-WB
GAMUDA-C23
GAMUDA-C26
GAMUDA-C27
GAMUDA-WE
CLOSE
(RM)
+/(RM)
0.220
0.100
0.005
0.075
0.095
0.615
0.720
0.240
0.180
0.040
0.285
0.150
0.250
0.125
0.060
0.020
0.105
0.015
0.010
0.040
0.015
0.040
0.030
0.020
0.150
0.085
0.025
0.105
0.010
0.050
0.085
0.350
0.010
0.140
0.335
0.130
0.070
0.080
0.095
0.025
0.050
0.145
0.075
0.080
0.110
1.000
0.450
0.100
0.090
0.005
0.005
0.035
0.075
0.015
0.030
0.165
0.050
0.380
0.025
0.015
0.090
0.180
0.265
0.055
0.010
0.010
0.095
0.045
0.090
0.035
0.050
0.085
0.075
0.180
0.060
0.055
0.135
0.005
0.030
0.395
0.160
0.620
0.495
0.030
0.630
0.345
0.350
0.205
0.095
0.105
0.045
0.025
0.065
0.035
0.010
0.095
0.225
0.110
0.160
0.110
0.040
0.045
0.110
0.005
0.400
0.075
0.200
0.035
0.105
0.230
0.360
0.035
0.140
0.095
0.175
0.105
0.175
0.055
0.110
0.490
0.050
0.035
0.050
0.005
0.110
0.015
0.080
0.185
0.140
1.000
0.020
Unch
Unch
0.005
Unch
0.045
-0.020
0.005
-0.005
Unch
0.020
0.010
0.025
0.010
Unch
-0.005
0.020
Unch
Unch
Unch
Unch
-0.005
0.005
Unch
Unch
0.015
Unch
Unch
-0.005
-0.005
Unch
0.010
Unch
Unch
0.005
Unch
Unch
-0.005
0.025
-0.005
-0.005
0.010
Unch
-0.005
Unch
Unch
Unch
0.005
0.010
Unch
Unch
0.015
Unch
0.005
Unch
Unch
-0.015
-0.005
Unch
Unch
Unch
Unch
0.015
Unch
Unch
0.005
0.005
-0.010
Unch
-0.015
-0.010
Unch
-0.005
Unch
0.005
Unch
0.010
Unch
-0.165
0.010
0.010
-0.005
Unch
Unch
0.130
Unch
0.015
0.010
-0.005
-0.045
Unch
-0.005
0.005
Unch
Unch
0.010
0.020
Unch
-0.010
-0.005
Unch
Unch
-0.010
Unch
-0.015
-0.005
0.025
0.005
0.005
0.025
-0.010
-0.005
0.010
-0.010
-0.020
Unch
-0.005
-0.015
-0.015
0.005
Unch
Unch
-0.005
-0.005
-0.005
Unch
0.015
0.025
0.015
0.035
VOL PARENT
EXE
(‘000)
PRICE PRICE
54719.7
320.1
447.5
305.4
20
201
134
65
15
3382.9
700
10090.2
80
773.6
79.1
360
817.4
333
200.1
950
286
300
80
370
1777.5
473.2
542
50
400.3
44
114
619
2248.2
1093.5
989.6
321.4
325.4
60
240
500
1672
212.2
258.7
1262
100
74.5
37
115.1
200
629.2
2898
60
125
430
127.5
889
25.6
213.8
111.1
330.1
576
209.7
38.8
60.2
30
853
1011.3
40.2
625.9
150
172
100
30
90
196
600
86.8
112.1
2.1
85.2
408.7
2204.1
1408.1
1320
3658.3
415.5
608
3703
270
40
7981.4
134
344
1339.1
640
22.5
136.5
6164.8
130
6273.4
375.2
1008
35
65
140
9545.9
45
3642.1
35
405
102.2
2896.5
30
1528.9
1047
428
268
2660.5
10702.9
436.9
100
1101.8
50
70
4
250
2
309.6
30
8789.8
PR’M
(%)
0.345 0.460
97.10
0.200 0.100
0.00
2.810 3.150
12.63
2.320 2.400
6.68
0.200 0.200
47.50
1.950 1.050
1.15
1.950 0.900
1.54
1.950 1.280
2.56
1.950 1.480
3.59
1.950 2.000
7.69
1.950 2.000
31.79
1.950 1.500
2.31
1.950 1.500
8.97
1.950 2.100
23.72
0.235 0.250
31.91
0.055 0.400 663.64
0.140 0.130
67.86
0.770 1.000
33.77
0.770 1.150
51.95
0.770 0.950
33.77
0.770 1.000
33.77
0.770 0.880
27.27
0.770 0.980
37.01
0.045 0.100 166.67
0.250 0.100
0.00
2.730 3.000
16.12
0.110 0.200 104.55
0.565 1.000
95.58
5.570 6.400
15.44
5.570 6.500
20.29
5.570 5.850
9.61
0.720 0.700
45.83
46.800 57.000
22.86
0.430 0.600
72.09
3.860 4.720
30.96
0.240 0.200
37.50
2.260 2.400
15.49
2.260 2.000
-2.65
2.260 2.100
9.73
0.375 0.430
23.33
0.375 0.370
12.00
0.375 1.000 205.33
0.145 0.100
20.69
0.145 0.100
24.14
0.215 0.200
44.19
1.580 0.550
-1.90
2.210 2.400
28.96
0.255 0.460 119.61
4.680 4.800
12.18
3.810 5.200
37.40
3.810 5.000
32.28
3.810 5.560
51.44
0.135 0.100
29.63
0.095 1.150
1,127
0.100 0.270
200.0
0.615 0.400
-8.13
1.590 1.500
2.20
1.590 1.190
-1.26
4.390 5.400
25.28
4.390 5.100
17.03
0.215 0.250
58.14
0.680 0.800
44.12
1.140 1.300
37.28
0.105 0.100
47.62
0.955 1.400
48.69
0.955 1.300
38.74
0.955 1.000
14.66
0.955 1.100
26.96
0.955 0.950
13.61
1.270 1.630
36.61
1.270 1.420
27.56
1.270 1.450
30.91
1.270 1.550
36.81
1.590 2.600
74.84
0.105 0.120
71.43
0.105 0.100
47.62
0.265 0.300
64.15
1.280 1.680
32.23
1.280 1.520
23.44
1.280 2.080
93.36
3.720 3.230
4.03
1.250 0.680
4.00
0.840 0.500
18.45
0.120 0.200
91.67
1.530 1.350
29.41
1.140 0.830
3.07
0.940 0.610
2.13
0.595 0.700
52.10
1,657 1,750
7.01
1,657 1,670
2.33
1,657 1,660
2.05
1,657 1,770
7.54
1,657 1,690
3.92
1,657 1,700
3.97
1,657 1,800
9.02
1,657 1,720
5.49
1,657 1,640
3.01
1,657 1,600
1.17
1,657 1,570
1.48
1,657 1,595
0.87
1,657 1,710
4.85
1,657 1,730
6.27
1,657 1,650
4.19
1,657 1,550
-6.28
1,657 1,710
9.20
1,657 1,680
4.52
1,657 1,650
5.58
1,657 1,600
-2.00
1,657 1,488
-5.16
1,657 1,600
0.69
1,657 1,680
7.87
1,657 1,570
-3.81
1,657 1,610
3.04
1,657 1,650
3.55
1,657 1,710
10.55
1,657 1,610
1.56
1,657 1,690
9.35
1,657 1,658
2.73
1,657 1,700
6.99
1.040 0.500
-4.81
1.440 1.550
20.83
1.440 1.500
11.46
1.440 1.500
11.11
1.440 1.900
33.13
0.450 1.000 146.67
0.045 0.050
44.44
4.750 4.500
8.21
4.750 4.500
6.42
4.750 5.000
17.05
4.750 4.050
6.32
EXPIRY
DATE
08/06/2020
18/01/2019
30/06/2016
30/09/2016
28/08/2019
31/05/2016
18/07/2016
28/10/2016
28/10/2016
31/05/2016
31/01/2017
15/08/2016
30/09/2016
28/10/2016
25/08/2023
13/07/2018
23/12/2024
07/10/2016
29/07/2016
30/09/2016
30/08/2016
28/11/2016
28/11/2016
19/04/2024
13/12/2020
31/01/2017
20/06/2018
09/05/2022
29/07/2016
28/10/2016
31/01/2017
13/05/2024
29/07/2016
18/10/2020
04/12/2023
15/06/2020
18/07/2016
31/05/2016
28/11/2016
30/08/2016
31/10/2016
22/04/2022
28/02/2018
08/11/2025
23/10/2024
08/02/2020
06/11/2019
07/10/2019
10/08/2016
08/06/2016
08/06/2016
20/10/2016
17/09/2021
18/09/2017
24/04/2018
03/10/2016
29/07/2016
10/02/2017
28/10/2016
30/09/2016
25/11/2020
29/03/2021
10/09/2020
15/01/2025
30/08/2016
29/07/2016
30/11/2016
30/11/2016
15/12/2016
30/08/2016
29/07/2016
23/11/2016
28/10/2016
21/07/2019
24/02/2019
18/06/2019
10/09/2019
30/06/2016
28/07/2016
26/03/2022
31/10/2016
17/07/2019
03/11/2020
22/01/2019
25/06/2019
25/10/2017
09/06/2017
24/09/2019
31/05/2016
31/05/2016
30/06/2016
30/06/2016
30/06/2016
29/07/2016
29/07/2016
29/07/2016
29/07/2016
30/08/2016
30/08/2016
30/09/2016
31/10/2016
31/10/2016
31/10/2016
31/05/2016
31/05/2016
30/06/2016
30/06/2016
29/07/2016
31/01/2017
29/07/2016
29/07/2016
30/08/2016
30/08/2016
30/09/2016
31/10/2016
31/10/2016
31/10/2016
30/06/2016
29/07/2016
30/03/2017
30/09/2016
29/07/2016
18/07/2016
31/05/2016
12/10/2019
06/11/2019
28/07/2016
30/11/2016
30/11/2016
06/03/2021
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.420
0.195
0.155
0.180
3.200
0.250
0.580
0.505
0.220
0.220
2.380
0.165
0.265
0.090
6.200
0.460
0.240
1.510
0.210
0.880
0.345
0.550
0.840
1.210
0.630
1.000
1.490
1.180
2.000
0.550
0.920
1.350
0.540
0.835
1.050
1.310
1.650
0.735
1.500
0.560
1.250
1.460
0.230
0.010
0.010
0.060
0.030
0.105
0.435
0.215
0.325
0.270
0.075
2.320
0.040
0.365
0.225
0.180
0.155
0.090
0.150
0.120
0.935
0.370
0.130
0.265
0.080
0.065
0.125
3.000
0.025
1.130
0.300
0.865
0.175
0.220
0.585
0.235
0.110
0.450
0.055
0.060
0.470
0.130
0.372
0.220
0.175
0.105
0.100
0.185
0.170
0.025
0.105
0.330
0.235
0.555
1.110
0.405
0.455
0.430
0.485
0.225
0.210
0.780
0.575
0.360
0.240
0.205
0.530
0.240
0.030
0.035
0.090
0.465
0.470
0.300
0.360
0.180
0.100
0.065
0.080
0.240
0.470
0.085
0.060
0.165
0.100
0.190
0.190
0.310
0.085
0.410
0.310
0.185
0.130
0.085
0.010
0.065
0.120
1.500
0.045
0.185
0.065
0.090
0.115
0.530
0.065
0.125
0.010
2.520
0.305
0.050
0.625
0.025
0.370
0.220
0.035
0.130
0.265
0.305
0.490
0.780
0.650
1.560
0.295
0.550
0.880
0.330
0.560
0.860
0.310
0.580
0.190
0.585
0.330
0.775
1.180
0.075
0.005
0.005
0.005
0.020
0.070
0.085
0.040
0.050
0.015
0.035
0.813
0.015
0.150
0.085
0.005
0.030
0.035
0.065
0.050
0.120
0.105
0.075
0.105
0.050
0.030
0.090
0.850
0.010
0.350
0.035
0.260
0.065
0.090
0.130
0.010
0.030
0.215
0.025
0.025
0.240
0.045
0.130
0.100
0.005
0.060
0.060
0.110
0.045
0.005
0.040
0.185
0.140
0.040
0.230
0.130
0.305
0.110
0.210
0.115
0.080
0.280
0.235
0.115
0.025
0.005
0.020
0.075
0.005
0.010
0.020
0.120
0.215
0.150
0.120
0.050
0.035
0.020
0.020
0.150
0.255
0.010
0.005
0.005
0.010
0.075
0.120
0.130
0.015
0.120
0.070
0.050
0.005
0.190
0.055
0.105
0.150
2.750
0.095
0.340
0.250
0.130
0.125
1.620
0.150
0.175
0.020
5.930
0.335
0.050
0.985
0.210
0.420
0.245
0.050
0.165
0.295
0.345
0.645
1.050
0.795
1.860
0.360
0.605
1.010
0.345
0.570
0.860
0.485
0.835
0.290
0.830
0.485
1.070
1.460
0.090
0.005
0.005
0.005
0.020
0.075
0.110
0.045
0.050
0.015
0.035
1.140
0.015
0.185
0.090
0.020
0.045
0.040
0.100
0.080
0.310
0.160
0.080
0.115
0.050
0.030
0.095
2.280
0.015
1.130
0.060
0.755
0.080
0.125
0.320
0.015
0.030
0.415
0.030
0.035
0.290
0.095
0.215
0.145
0.005
0.060
0.070
0.125
0.060
0.010
0.060
0.195
0.160
0.055
0.260
0.330
0.380
0.130
0.280
0.120
0.085
0.590
0.495
0.280
0.075
0.005
0.215
0.140
0.005
0.020
0.065
0.305
0.245
0.150
0.165
0.060
0.040
0.030
0.050
0.185
0.295
0.060
0.005
0.005
0.015
0.145
0.125
0.250
0.020
0.140
0.085
0.055
0.010
0.140
0.055
0.070
0.150
2.730
0.095
0.325
0.240
0.110
0.115
1.480
0.150
0.165
0.010
5.930
0.335
0.050
0.960
0.165
0.415
0.235
0.035
0.160
0.265
0.320
0.615
1.030
0.780
1.860
0.340
0.605
1.010
0.330
0.560
0.860
0.470
0.830
0.270
0.830
0.485
1.060
1.460
0.075
0.005
0.005
0.005
0.020
0.075
0.105
0.045
0.050
0.015
0.035
1.080
0.015
0.175
0.085
0.015
0.035
0.035
0.100
0.080
0.305
0.140
0.075
0.110
0.050
0.030
0.090
2.170
0.015
1.080
0.035
0.675
0.080
0.120
0.305
0.010
0.030
0.405
0.025
0.030
0.255
0.095
0.205
0.140
0.005
0.060
0.065
0.110
0.045
0.005
0.055
0.185
0.145
0.055
0.230
0.315
0.365
0.130
0.260
0.120
0.080
0.590
0.460
0.250
0.065
0.005
0.210
0.130
0.005
0.020
0.055
0.300
0.240
0.150
0.155
0.055
0.040
0.025
0.045
0.175
0.290
0.055
0.005
0.005
0.010
0.130
0.125
0.220
0.020
0.140
0.070
0.050
0.005
CODE
5226WA
0078CB
471512
471513
2291WA
318224
318225
318227
318228
318229
3182WA
70010
1147WA
7022CG
3034WA
2062WC
5168CQ
5095WB
5072WA
5169WA
7213WB
65118
65119
65120
65121
65122
65123
65124
65128
65130
65132
65134
65136
65138
65140
65125
65127
65129
65133
65135
65139
65145
6238CD
7013WA
7013WB
9601WC
9601WD
5225CY
0166CJ
0166CL
0166CM
0166CN
0166CP
0166WB
0094WA
3379WB
1961C9
0010WA
5175WA
0024WA
9083WB
8923WA
7167WA
4383CE
4383CJ
5247CK
5247CN
5247CO
5247CP
7216WA
3115WC
7161WA
3565WE
5171WA
7164WA
7164WB
7017WB
7153CK
7153CN
5789WB
5068WA
5068WB
7617WB
8583C2
8583WB
8583WC
5264CG
5264CL
5264CM
5264CN
6012CT
5189WA
115517
115518
115519
5983WA
1171WA
1694WB
3069WA
3662WB
5186CY
5186CZ
3816C2
9571WC
9571WD
7595WA
2194C1
1651C5
1651C6
1651WA
5150WA
0092WA
0092WB
0138CN
0138CP
0138CS
0138CT
0138CU
0138CW
0096WA
7139WA
0172WA
5053WC
0005WA
5657CO
5657CP
1295C4
1295C6
1295C7
9997WB
5146WA
8311WC
5681CP
5681CQ
6033CM
WARRANTS
GBGAQRS-WA
GDEX-CB
GENM-C12
GENM-C13
GENP-WA
GENTINGC24
GENTINGC25
GENTINGC27
GENTINGC28
GENTINGC29
GENTING-WA
GLD-C10
GOB-WA
GTRONIC-CG
HAPSENG-WA
HARBOUR-WC
HARTA-CQ
HEVEA-WB
HIAPTEK-WA
HOHUP-WA
HOVID-WB
HSI-C18
HSI-C19
HSI-C20
HSI-C21
HSI-C22
HSI-C23
HSI-C24
HSI-C28
HSI-C30
HSI-C32
HSI-C34
HSI-C36
HSI-C38
HSI-C40
HSI-H25
HSI-H27
HSI-H29
HSI-H33
HSI-H35
HSI-H39
HSI-H45
HSL-CD
HUBLINE-WA
HUBLINE-WB
HWGB-WC
HWGB-WD
IHH-CY
INARI-CJ
INARI-CL
INARI-CM
INARI-CN
INARI-CP
INARI-WB
INIX-WA
INSAS-WB
IOICORP-C9
IRIS-WA
IVORY-WA
JAG-WA
JETSON-WB
JIANKUN-WA
JOHOTIN-WA
JTIASA-CE
JTIASA-CJ
KAREX-CK
KAREX-CN
KAREX-CO
KAREX-CP
KAWAN-WA
KBUNAI-WC
KERJAYA-WA
KEURO-WE
KIMLUN-WA
KNM-WA
KNM-WB
KOMARK-WB
KOSSAN-CK
KOSSAN-CN
LBS-WB
LUSTER-WA
LUSTER-WB
MAGNA-WB
MAHSING-C2
MAHSING-WB
MAHSING-WC
MALAKOF-CG
MALAKOF-CL
MALAKOF-CM
MALAKOF-CN
MAXIS-CT
MAXWELL-WA
MAYBANKC17
MAYBANKC18
MAYBANKC19
MBMR-WA
MBSB-WA
MENANG-WB
MFCB-WA
MFLOUR-WB
MHB-CY
MHB-CZ
MISC-C2
MITRA-WC
MITRA-WD
MLGLOBAL-WA
MMCCORP-C1
MRCB-C5
MRCB-C6
MRCB-WA
MSPORTS-WA
MTOUCHE-WA
MTOUCHE-WB
MYEG-CN
MYEG-CP
MYEG-CS
MYEG-CT
MYEG-CU
MYEG-CW
NEXGRAM-WA
NICE-WA
OCK-WA
OSK-WC
PALETTE-WA
PARKSON-CO
PARKSON-CP
PBBANK-C4
PBBANK-C6
PBBANK-C7
PENSONI-WB
PERWAJA-WA
PESONA-WC
PETDAG-CP
PETDAG-CQ
PETGAS-CM
CLOSE
(RM)
+/(RM)
0.190
0.055
0.105
0.150
2.730
0.095
0.340
0.245
0.130
0.125
1.610
0.150
0.175
0.020
5.930
0.335
0.050
0.980
0.200
0.420
0.240
0.050
0.160
0.275
0.330
0.635
1.030
0.795
1.860
0.345
0.605
1.010
0.330
0.560
0.860
0.470
0.830
0.280
0.830
0.485
1.070
1.460
0.085
0.005
0.005
0.005
0.020
0.075
0.110
0.045
0.050
0.015
0.035
1.120
0.015
0.185
0.090
0.020
0.045
0.040
0.100
0.080
0.305
0.160
0.080
0.110
0.050
0.030
0.090
2.170
0.015
1.100
0.060
0.745
0.080
0.125
0.320
0.015
0.030
0.415
0.030
0.035
0.270
0.095
0.215
0.145
0.005
0.060
0.070
0.125
0.055
0.010
0.055
0.185
0.145
0.055
0.255
0.325
0.375
0.130
0.275
0.120
0.080
0.590
0.495
0.280
0.075
0.005
0.215
0.135
0.005
0.020
0.065
0.300
0.245
0.150
0.155
0.055
0.040
0.030
0.050
0.180
0.295
0.060
0.005
0.005
0.015
0.140
0.125
0.250
0.020
0.140
0.070
0.050
0.010
0.055
0.015
0.020
0.005
Unch
-0.010
-0.025
-0.015
0.005
-0.005
0.030
-0.005
0.010
0.010
Unch
0.005
-0.005
0.035
0.035
0.020
0.005
0.005
-0.005
-0.035
-0.030
-0.030
-0.060
-0.060
0.040
-0.055
-0.025
-0.110
-0.035
-0.025
-0.050
0.025
0.060
0.030
0.050
0.075
0.070
0.220
0.010
Unch
Unch
Unch
-0.005
0.005
0.005
-0.010
-0.020
-0.005
-0.015
Unch
-0.005
0.010
0.005
Unch
0.010
0.005
Unch
Unch
-0.005
0.020
Unch
-0.010
-0.010
-0.010
-0.010
-0.190
-0.005
0.020
0.025
0.050
Unch
0.005
-0.005
0.005
-0.005
0.005
Unch
0.005
-0.010
0.005
0.005
0.005
-0.005
-0.010
Unch
0.015
Unch
0.005
-0.005
-0.020
0.005
-0.005
0.010
Unch
0.005
0.005
0.005
-0.010
-0.010
Unch
0.020
-0.005
0.005
-0.005
-0.005
0.005
Unch
Unch
0.005
-0.020
-0.025
-0.040
-0.010
-0.005
Unch
0.005
Unch
0.005
Unch
Unch
Unch
Unch
0.005
0.030
0.005
0.010
Unch
Unch
-0.015
-0.010
Unch
VOL PARENT
EXE
(‘000)
PRICE PRICE
9817.5
500
767
10
10.1
150
1825
130
92.2
100
5416.1
400
226
17573.1
12.3
3.6
20
156.7
6064.3
74.5
269.5
552.3
1211.6
18749.8
468.7
526.9
10
8.5
1
398.5
15
23
2.5
20
10
145
8.2
274.5
1.3
5
20
10.1
1792.4
150
500
30
56
20
196
20
20
312
10
2781.3
400
335.2
91
560
282.6
101
8.7
164
150.2
450
330
500
110
30
1750
12.4
930
251.4
70.7
1238.7
2307.5
151.3
38.1
80.1
50
191.7
501
30.1
8.5
30
432.6
76.1
280
99.9
200
180
227.8
12761.3
1190
905
801
1.5
661.1
1485.8
77.2
79.3
263.8
100
390
106.1
258
3
736.7
474.5
40
1191.5
300
540
168.9
25
780
10
1322
4595
370
338.8
104
2474.3
163
1943.7
200
2953.5
1260
610.1
10
254.5
590.5
50
5.9
26.9
50.1
0.900
1.480
4.540
4.540
10.600
8.570
8.570
8.570
8.570
8.570
8.570
483.35
0.485
3.510
7.680
1.170
4.100
1.240
0.480
0.855
0.420
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
10,394
1.800
0.010
0.010
0.060
0.060
6.560
2.770
2.770
2.770
2.770
2.770
2.770
0.045
0.680
4.390
0.155
0.365
0.095
0.210
0.260
1.760
1.370
1.370
2.440
2.440
2.440
2.440
3.170
0.050
1.910
0.895
1.790
0.465
0.465
0.495
6.080
6.080
1.590
0.065
0.065
1.010
1.500
1.500
1.500
1.670
1.670
1.670
1.670
5.550
0.025
8.540
8.540
8.540
2.220
1.280
0.930
1.700
1.220
1.070
1.070
8.360
1.220
1.220
0.565
2.100
1.220
1.220
1.220
0.035
0.155
0.155
1.930
1.930
1.930
1.930
1.930
1.930
0.055
0.120
0.795
1.630
0.080
0.895
0.895
18.920
18.920
18.920
0.630
0.115
0.365
23.740
23.740
21.860
1.300
1.500
4.250
4.300
7.750
8.000
7.000
7.400
7.800
9.300
7.960
452.52
0.800
6.300
1.650
1.560
4.780
0.250
0.690
0.600
0.180
24,200
22,800
21,400
22,000
20,600
19,200
20,200
17,400
22,400
21,000
19,600
23,200
21,800
20,400
19,000
20,400
17,000
19,800
17,800
20,600
21,400
2.000
0.160
0.010
0.200
0.180
6.700
2.640
2.864
2.880
3.200
3.700
1.600
0.100
1.000
4.700
0.150
0.750
0.100
0.750
0.320
2.280
1.100
1.500
2.300
3.053
3.320
2.533
0.930
0.131
0.880
1.180
1.680
0.980
1.000
0.300
7.500
9.000
1.250
0.100
0.100
0.900
1.450
1.440
2.100
2.000
1.650
1.600
1.600
6.300
0.400
8.200
8.350
8.600
3.200
1.000
1.000
2.220
2.060
0.900
1.000
8.000
0.600
1.090
0.500
2.100
1.500
1.000
2.300
0.180
0.890
0.270
1.225
1.500
1.590
1.775
2.300
2.350
0.100
0.160
0.710
1.800
0.040
2.170
1.000
19.300
18.000
18.100
0.600
1.000
0.250
23.000
24.860
24.000
PR’M
(%)
65.56
8.78
0.55
7.93
-1.13
2.22
1.52
0.64
9.22
20.92
11.67
4.79
101.03
82.91
-1.30
61.97
27.56
-0.81
85.42
19.30
0.00
133.25
120.73
108.26
114.50
103.68
93.63
101.23
83.50
118.48
107.27
97.31
126.05
114.58
103.71
86.86
103.44
65.97
97.67
75.45
107.44
118.52
18.19
1,550
50.00
241.67
233.33
8.99
8.01
13.79
11.19
17.69
38.63
-1.81
155.56
74.26
14.24
9.68
117.81
47.37
304.76
53.85
46.88
3.65
27.01
12.30
33.33
42.62
18.58
-2.21
192.00
3.66
38.55
35.47
127.96
141.94
25.25
25.82
53.95
4.72
100.00
107.69
15.84
3.00
10.33
49.67
20.06
9.58
8.38
7.04
16.49
1,540
2.46
5.36
4.95
46.62
-1.95
42.47
52.65
79.51
9.81
15.89
3.35
-2.46
29.92
38.05
7.14
23.36
-0.41
99.59
428.57
487.10
116.13
2.33
3.11
5.70
8.03
27.72
31.09
136.36
75.00
11.95
28.53
25.00
143.49
12.57
2.80
1.06
2.27
34.92
786.96
6.85
0.42
8.09
10.25
EXPIRY
DATE
20/07/2018
08/06/2016
31/05/2016
30/09/2016
17/06/2019
08/06/2016
18/07/2016
31/05/2016
23/11/2016
30/11/2016
18/12/2018
29/09/2016
24/12/2019
30/09/2016
09/08/2016
03/04/2021
28/10/2016
28/02/2020
09/01/2017
21/12/2018
05/06/2018
29/06/2016
29/06/2016
29/06/2016
28/07/2016
28/07/2016
28/07/2016
30/08/2016
30/08/2016
29/09/2016
29/09/2016
29/09/2016
28/10/2016
28/10/2016
28/10/2016
28/07/2016
28/07/2016
30/08/2016
30/08/2016
29/09/2016
29/09/2016
28/10/2016
11/11/2016
04/11/2019
20/12/2020
22/09/2016
15/03/2021
30/09/2016
18/07/2016
28/10/2016
10/08/2016
31/05/2016
30/09/2016
17/02/2020
16/11/2020
25/02/2020
30/12/2016
24/06/2016
26/04/2017
14/08/2019
06/02/2019
23/12/2021
21/11/2017
18/07/2016
30/09/2016
28/10/2016
31/01/2017
31/01/2017
23/11/2016
28/07/2016
20/10/2023
20/12/2017
26/08/2016
12/03/2024
15/11/2017
21/04/2020
21/01/2020
18/07/2016
31/01/2017
04/10/2020
03/06/2022
26/05/2023
04/09/2020
30/09/2016
16/03/2018
21/02/2020
30/06/2016
29/07/2016
28/11/2016
30/12/2016
30/12/2016
24/03/2020
18/07/2016
15/08/2016
30/12/2016
14/06/2017
31/05/2016
09/07/2019
08/04/2020
09/05/2017
30/11/2016
15/12/2016
08/06/2016
04/07/2016
23/08/2020
27/10/2019
30/09/2016
31/05/2016
08/06/2016
14/09/2018
09/11/2017
17/01/2018
16/03/2020
30/08/2016
10/08/2016
30/08/2016
30/09/2016
29/07/2016
23/11/2016
16/05/2022
09/08/2017
15/12/2020
22/07/2020
20/03/2018
31/05/2016
31/05/2016
30/06/2016
30/09/2016
18/07/2016
20/01/2024
28/02/2022
27/01/2020
30/06/2016
31/10/2016
30/06/2016
Sin
clo
SIN
low
ove
pa
Ma
Co
Tim
1.3
Tel
nes
los
of
wit
out
ing
Sin
cor
du
S$
ter
22
sha
fro
As
dex
dro
M
Bu
Ma
Y
H
0
0
0
0
2
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
1
0
0
0
0
0
0
0
Markets 2 9
T HURSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S
RY
ATE
018
016
016
016
019
016
016
016
016
016
018
016
019
016
016
021
016
020
017
018
018
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
016
019
020
016
021
016
016
016
016
016
016
020
020
020
016
016
017
019
019
021
017
016
016
016
017
017
016
016
023
017
016
024
017
020
020
016
017
020
022
023
020
016
018
020
016
016
016
016
016
020
016
016
016
017
016
019
020
017
016
016
016
016
020
019
016
016
016
018
017
018
020
016
016
016
016
016
016
022
017
020
020
018
016
016
016
016
016
024
022
020
016
016
016
Singapore stocks — Straits Times Index
closes 1.36% lower at 2,773.07 points
SINGAPORE: Singapore stocks closed
lower yesterday, tracking leads from the
overnight decline in the United States.
Oil prices weakness hurt related companies such as rig builders. Sembcorp
Marine fell 3.1% to S$1.59, while Keppel
Corp fell 2.8% to S$5.25.
As at 5.04pm, the benchmark Straits
Times Index was down 38.13 points or
1.36% to 2,773.07, as shares in Singapore
Telecommunications Ltd and Oversea-Chinese Banking Corp Ltd (OCBC) extended
losses.
On the broader market, the volume
of shares traded came in at 897.5 million
with a total value of S$1.2 billion. Losers
outnumbered gainers 276 to 102.
Among the actives were Ezra Holdings, Noble Group, Genting Singapore and
Singtel. Most large caps declined with little
corporate news to drive individual counters
during the early session.
Singapore Press Holdings fell 3.7% to
S$3.92 after going ex-dividend. Wilmar International fell 3.3% to S$3.51 with nearly
22 million shares traded.
CIMB downgraded its rating on OCBC
shares and cut its target price to S$8.80
from S$10.01. Singapore tracked wider
Asian markets where MSCI’s broadest index of Asia-Pacific shares outside Japan
dropped 1.3%.
while oil prices dropped for a second day,
dragging down energy shares.
Activity in China’s factories shrank for
the 14th straight month in April as demand
stagnated, a private survey showed. Britain’s manufacturing output also unexpectedly shrank last month to its lowest level
in three years.
Bucking the day’s trend, Apple rose
1.6% to US$95.18, breaking an eight-session streak of losses.
US oil prices settled down 2.5% as rising output from the Middle East renewed
concerns about global oversupply. The S&P
energy index, down 2.2%, led declines in
the benchmark index.
Still, the recent recovery in oil prices
and a softer US dollar have helped the
S&P 500 rebound from a steep sell-off
earlier this year. The benchmark index is
now up about 1% for the year so far.
“We had a nice rally on Monday, and in
essence we’re peeling that back on Tuesday. The market is stuck in a trading range
that is at the intersection of full valuations
in US equities and news that has not been
necessarily overwhelmingly positive,” said
Mark Luschini, chief investment strategist
at Janney Montgomery Scott in PhiladelUS stocks — Wall Street loses ground
phia.
on global growth fears, oil slide
The Dow Jones Industrial Average closed
down 140.25 points or 0.78% to 17,750.91;
NEW YORK: US stocks fell on Tuesday af- the S&P 500 lost 18.06 points or 0.87%
ter weak economic data in China and Eu- to 2,063.37; and the Nasdaq Composite
rope reignited worries about global growth, dropped 54.37 points or 1.13% to 4,763.22.
Shanghai Composite
FT Straits Times
Index points
3600
3300
Uni-Asia Holdings also fell 4% after it
said it expects to post a net loss for the
first quarter (1Q).
Darco Water Tech closed 2.8% higher
at 37 Singapore cents after the wastewater management firm said subsidiary PV
Vacuum Engineering won four contracts
worth a total S$13.1 million to supply and
maintain the Pneumatic Waste Conveyance
System for domestic waste collection in
Singapore.
United Food Holdings fell 18% to 8.2
Singapore cents after issuing a loss warning on Tuesday night. The group says it expects to report a loss in 1QFY16 to March.
The loss is due to the halt in its soybean
production, as well as a gross loss in its
animal feed products. Further details will
be disclosed when the firm releases its
results by May 14.
Cacola Furniture International fell 12.5%
to 0.7 Singapore cent after announcing on
Tuesday it is raising up to S$30.6 million
through a rights issue. It has proposed to
issue as many as 1.6 billion new shares at
1.9 Singapore cents for each rights share.
Under a bonus issue, it will also issue up
to 4.8 billion new shares.
2,774.06
-1.37
(-0.05%)
4825
18580
14040
3,087.842
2700
2,773.07
-38.13
(-1.36%)
2400
Mar 1, 2010
May 4, 2016
2875
11770
1900
9500
Mar 1, 2010
May 4, 2016
Bursa Malaysia Equity Derivatives
Main Market & Ace Market Warrants
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.120
0.140
0.775
0.200
2.080
1.110
0.195
0.280
0.130
0.150
0.165
0.195
0.435
0.135
0.095
0.035
0.180
0.085
0.150
0.115
0.065
0.055
0.150
0.160
0.530
0.320
0.465
0.200
0.150
0.160
0.325
0.275
0.145
0.150
0.100
0.140
0.210
1.050
0.280
0.230
0.140
0.195
0.170
0.085
1.140
0.140
0.270
0.245
0.060
0.430
0.765
0.710
0.080
0.005
0.235
0.105
0.705
0.645
0.005
0.020
0.085
0.035
0.075
0.080
0.160
0.055
0.035
0.015
0.005
0.025
0.015
0.070
0.020
0.010
0.080
0.090
0.090
0.080
0.310
0.070
0.105
0.020
0.010
0.070
0.005
0.045
0.030
0.020
0.030
0.300
0.055
0.065
0.040
0.090
0.075
0.070
0.630
0.060
0.035
0.075
0.035
0.135
0.170
0.160
0.080
0.130
0.735
0.190
1.940
0.690
0.005
0.145
0.130
0.055
0.085
0.080
0.410
0.070
0.035
0.025
0.005
0.030
0.035
0.085
0.025
0.015
0.095
0.090
0.260
0.115
0.345
0.125
0.110
0.020
0.015
0.080
0.005
0.050
0.030
0.025
0.065
0.755
0.065
0.145
0.050
0.145
0.125
0.075
0.870
0.090
0.045
0.080
0.035
0.200
0.310
0.225
0.080
0.110
0.720
0.190
1.870
0.650
0.005
0.125
0.100
0.040
0.075
0.080
0.405
0.060
0.035
0.020
0.005
0.025
0.025
0.080
0.025
0.010
0.090
0.090
0.240
0.100
0.310
0.090
0.105
0.020
0.010
0.075
0.005
0.045
0.030
0.020
0.060
0.750
0.060
0.140
0.045
0.145
0.120
0.075
0.855
0.090
0.035
0.080
0.035
0.200
0.290
0.200
CODE
3042CA
8869CL
8869CN
8869CO
8869WC
7088WB
4634CU
4634CV
4634CW
5204CA
5204CC
5204CD
7168WA
7145WA
0007WA
0007WB
6807CH
5256WA
7232WA
5270WA
0133WB
0133WC
5157WA
4731CD
7073WA
0055WA
7246WA
4197C3
4197C6
521815
521816
521817
521818
521821
521822
521824
5218HC
7155WA
0117WA
7143WA
1201WB
5263CA
5263CB
5263CD
5211WA
0148WB
710610
710611
710613
7106C3
7106C5
7106C7
WARRANTS
PETRONM-CA
PMETAL-CL
PMETAL-CN
PMETAL-CO
PMETAL-WC
POHUAT-WB
POS-CU
POS-CV
POS-CW
PRESBHD-CA
PRESBHD-CC
PRESBHD-CD
PRG-WA
PSIPTEK-WA
PUC-WA
PUC-WB
PUNCAK-CH
REACH-WA
RESINTC-WA
RSENA-WA
SANICHI-WB
SANICHI-WC
SAUDEE-WA
SCIENTX-CD
SEACERA-WA
SERSOL-WA
SIGN-WA
SIME-C3
SIME-C6
SKPETROC15
SKPETROC16
SKPETROC17
SKPETROC18
SKPETROC21
SKPETROC22
SKPETROC24
SKPETRO-HC
SKPRES-WA
SMRT-WA
STONE-WA
SUMATEC-WB
SUNCON-CA
SUNCON-CB
SUNCON-CD
SUNWAY-WA
SUNZEN-WB
SUPERMX-C10
SUPERMX-C11
SUPERMX-C13
SUPERMX-C3
SUPERMX-C5
SUPERMX-C7
CLOSE
(RM)
+/(RM)
0.080
0.130
0.735
0.190
1.890
0.690
0.005
0.135
0.130
0.040
0.080
0.080
0.405
0.060
0.035
0.025
0.005
0.030
0.035
0.085
0.025
0.015
0.090
0.090
0.255
0.115
0.345
0.125
0.105
0.020
0.015
0.075
0.005
0.045
0.030
0.020
0.060
0.750
0.065
0.145
0.045
0.145
0.125
0.075
0.860
0.090
0.040
0.080
0.035
0.200
0.300
0.225
-0.005
0.025
0.060
0.005
0.030
0.025
Unch
-0.005
0.015
-0.110
-0.080
-0.005
Unch
-0.015
Unch
Unch
Unch
Unch
0.010
Unch
0.005
Unch
Unch
-0.015
0.010
0.015
0.025
0.020
-0.015
Unch
Unch
-0.010
-0.005
-0.105
-0.015
-0.005
0.010
-0.005
0.010
Unch
-0.005
-0.010
-0.005
0.005
0.005
Unch
0.005
0.005
-0.005
0.005
0.005
0.025
VOL PARENT
EXE
(‘000)
PRICE PRICE
60
2362.6
40
120
537.5
310.4
50
3306.6
3466.1
15.1
1130
315
247.1
65.1
160.7
641.6
4639.5
2954
5.5
2565.9
100
2547.5
924.3
40
165.5
909.8
1166.2
490
4
732.2
2181
2763.8
100
191
10
6238
290
123
237.1
34.5
515.4
20
50
200
274.4
6
1234.4
28
100
5
1823.1
254.1
PR’M
(%)
5.400 6.000
28.89
3.070 2.500
2.61
3.070 1.600
0.00
3.070 2.700
12.70
3.070 1.100
-2.61
1.530 1.000
10.46
2.790 5.500
97.67
2.790 2.770
8.96
2.790 3.000
23.84
2.500 2.680
15.20
2.500 3.000
32.80
2.500 3.000
28.00
1.100 0.750
5.00
0.120 0.100
33.33
0.070 0.100
92.86
0.070 0.100
78.57
1.160 1.767
53.13
0.680 0.750
14.71
0.350 0.500
52.86
0.410 0.500
42.68
0.050 0.100 150.00
0.050 0.100 130.00
0.305 0.500
93.44
12.000 13.000
23.33
0.865 1.000
45.09
0.140 0.180 110.71
1.020 0.970
28.92
7.710 7.900
8.95
7.710 8.000
14.66
1.590 2.200
42.77
1.590 1.800
15.09
1.590 1.700
18.71
1.590 2.000
27.04
1.590 1.980
35.85
1.590 2.080
38.36
1.590 2.100
36.48
1.590 1.700
14.47
1.320 0.550
-1.52
0.190 0.180
28.95
0.355 0.300
25.35
0.115 0.175
91.30
1.600 1.400
5.63
1.600 1.450
10.16
1.600 1.800
24.22
3.130 2.250
-0.64
0.250 0.250
36.00
2.630 3.170
26.62
2.630 3.300
37.64
2.630 4.000
58.75
2.630 2.000
6.46
2.630 2.100
2.66
2.630 2.200
0.76
Index points
EXPIRY
DATE
15/12/2016
08/06/2016
18/07/2016
15/12/2016
22/08/2019
21/10/2020
31/05/2016
31/10/2016
11/10/2016
30/06/2016
11/11/2016
11/10/2016
06/07/2019
16/11/2019
25/12/2024
15/02/2019
18/07/2016
12/08/2022
29/09/2016
01/12/2023
13/03/2018
24/09/2019
31/03/2021
13/01/2017
16/05/2017
18/04/2023
21/04/2021
30/09/2016
11/11/2016
30/08/2016
31/05/2016
30/09/2016
08/06/2016
28/11/2016
28/11/2016
30/08/2016
31/05/2016
27/06/2017
01/08/2017
21/06/2020
13/11/2018
28/07/2016
07/10/2016
28/10/2016
17/08/2016
25/02/2021
31/10/2016
28/10/2016
31/01/2017
28/10/2016
18/07/2016
31/05/2016
Index points
6290
16310
3850
3000
ASX 200
Dow Jones
Index points
2,991.27
5800
Shares in US automakers were mostly lower as stronger-than-expected sales
for April were not enough to offset worries
that the industry’s recovery is running
out of steam. Shares in Ford fell 1.4% to
US$13.43.
The biggest economic release on the
agenda this week is monthly US payrolls,
due tomorrow. Last week, US data showed
tepid growth in first-quarter gross domestic
product and a softening in the US Federal
Reserve’s preferred measure of inflation.
Besides Apple, some healthcare companies were a bright spot, with Pfizer up
2.7% at US$33.70 after reporting a rise in
quarterly revenue and raising its forecasts
for the year.
Shares in drug maker Mallinckrodt
Plc were up 6.8% at US$64.84 following
its results, while Mylan was up 2.3% at
US$43.69, also after results.
About 7.8 billion shares changed hands
on US exchanges, compared with the 7.1
billion daily average for the past 20 trading
days, according to Thomson Reuters data.
Declining issues outnumbered advancing ones on the New York Stock Exchange
by 2,286 to 741, for a 3.09-to-1 ratio on the
downside; on the Nasdaq, 2,083 issues
fell and 738 advanced for a 2.82-to-1 ratio
favouring decliners.
The S&P 500 posted 13 new 52-week
highs and three new lows; the Nasdaq
recorded 30 new highs and 47 new lows.
— Agencies
5460
10,403.79
17,750.91
4630
-140.25
(-0.78%)
3800
Mar 1, 2010
May 3, 2016
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.310
0.235
0.345
0.160
0.560
1.280
0.090
0.125
0.595
0.155
0.200
0.975
2.550
0.025
0.165
0.215
0.260
0.680
0.465
0.885
0.400
0.170
0.080
0.075
0.390
0.070
0.380
0.150
0.085
0.130
0.120
0.075
0.250
0.135
0.160
0.165
0.170
0.245
0.320
0.175
0.150
0.120
0.515
0.165
0.290
0.280
0.345
0.035
0.045
0.025
0.135
0.065
0.110
0.130
0.500
0.260
0.270
0.050
0.030
0.135
0.005
0.250
0.480
0.045
0.030
0.360
0.005
0.150
0.360
0.600
0.005
0.075
0.120
0.105
0.300
0.125
0.100
0.070
0.025
0.005
0.005
0.195
0.005
0.020
0.025
0.050
0.080
0.030
0.005
0.090
0.020
0.040
0.005
0.011
0.022
0.080
0.045
0.025
0.015
0.230
0.100
0.100
0.130
0.015
0.005
0.010
0.015
0.025
0.040
0.025
0.075
0.330
0.070
0.110
0.060
0.040
0.190
0.005
0.320
0.750
0.065
0.070
0.520
0.120
0.155
0.435
1.770
0.010
0.130
0.120
0.225
0.475
0.135
0.100
0.070
0.115
0.020
0.005
0.280
0.005
0.110
0.030
0.050
0.090
0.040
0.005
0.200
0.020
0.070
0.025
0.170
0.245
0.250
0.050
0.025
0.020
0.255
0.100
0.240
0.195
0.015
0.005
0.010
0.015
0.035
0.045
0.080
0.090
0.375
0.120
0.115
0.050
0.035
0.185
0.005
0.250
0.740
0.065
0.070
0.520
0.120
0.155
0.435
1.730
0.010
0.125
0.120
0.215
0.445
0.125
0.100
0.070
0.110
0.010
0.005
0.280
0.005
0.100
0.030
0.050
0.080
0.030
0.005
0.145
0.020
0.055
0.015
0.150
0.230
0.240
0.045
0.025
0.015
0.230
0.100
0.230
0.190
0.015
0.005
0.010
0.015
0.035
0.045
0.070
0.080
0.370
0.120
0.110
CODE
7106C8
7106C9
7082WB
4898CF
8524WB
5191WA
0132WA
534719
534722
534726
534727
7252WA
7034WA
7079WB
486312
486313
0101WB
8397WC
7113CX
7113CY
7113CZ
5054WA
5054WB
0118WA
5401WA
5230CF
514818
514820
514828
4588CW
5243C3
5243CY
7091WA
5005CI
5005CJ
0120WA
0069WB
0069WC
7240WA
6963CA
6963CB
6963CD
6963WA
9679CX
9679WD
9679WE
0141WA
5156WB
5156WC
0095WA
5155WA
0165WA
7020WB
4677C3
6742WB
7028WA
2283WA
WARRANTS
SUPERMX-C8
SUPERMX-C9
SYF-WB
TA-CF
TALIWRK-WB
TAMBUN-WA
TDEX-WA
TENAGA-C19
TENAGA-C22
TENAGA-C26
TENAGA-C27
TEOSENG-WA
TGUAN-WA
TIGER-WB
TM-C12
TM-C13
TMCLIFE-WB
TNLOGIS-WC
TOPGLOV-CX
TOPGLOV-CY
TOPGLOV-CZ
TRC-WA
TRC-WB
TRIVE-WA
TROP-WA
TUNEPRO-CF
UEMS-C18
UEMS-C20
UEMS-C28
UMW-CW
UMWOG-C3
UMWOG-CY
UNIMECH-WA
UNISEM-CI
UNISEM-CJ
VIS-WA
VIVOCOM-WB
VIVOCOM-WC
VOIR-WA
VS-CA
VS-CB
VS-CD
VS-WA
WCT-CX
WCT-WD
WCT-WE
WINTONI-WA
XDL-WB
XDL-WC
XINGHE-WA
XINQUAN-WA
XOX-WA
YKGI-WB
YTL-C3
YTLPOWR-WB
ZECON-WA
ZELAN-WA
5,271.137
-82.703
(-1.54%)
4,686.53
Mar 1, 2010
CLOSE
(RM)
+/(RM)
0.055
0.035
0.190
0.005
0.255
0.740
0.065
0.070
0.520
0.120
0.155
0.435
1.760
0.010
0.130
0.120
0.220
0.475
0.125
0.100
0.070
0.110
0.020
0.005
0.280
0.005
0.110
0.030
0.050
0.090
0.035
0.005
0.145
0.020
0.070
0.020
0.165
0.245
0.250
0.045
0.025
0.020
0.255
0.100
0.235
0.190
0.015
0.005
0.010
0.015
0.035
0.045
0.075
0.090
0.375
0.120
0.115
Unch
Unch
0.005
-0.005
Unch
-0.070
Unch
-0.005
-0.010
-0.005
-0.005
Unch
Unch
-0.005
-0.005
-0.010
0.010
0.025
-0.005
Unch
Unch
Unch
Unch
-0.005
Unch
Unch
0.005
Unch
Unch
-0.015
-0.005
-0.005
0.010
Unch
0.015
-0.005
0.010
0.010
0.010
-0.005
-0.005
Unch
0.010
-0.020
-0.005
-0.005
Unch
Unch
Unch
Unch
0.010
0.005
-0.010
0.015
0.005
0.020
Unch
May 4, 2016
VOL PARENT
EXE
(‘000)
PRICE PRICE
875
408.4
963.9
931.6
92.7
15
20
50
170
45.1
4.3
10
122.2
1266
10
100
292.5
55.1
346.8
210
100
275
410.4
10
10
788
470
766
60
188
678.4
230
0.3
250
64
550
35863.6
16284.6
42.6
358.1
910
6671.9
1997.2
0.3
204.9
1864.5
220
797.2
714
2600
0.1
187.2
2050.9
549.9
33.4
0.1
120
2.630
2.630
0.570
0.550
1.320
1.400
0.120
14.080
14.080
14.080
14.080
0.435
3.140
0.050
6.650
6.650
0.785
1.250
4.930
4.930
4.930
0.455
0.455
0.035
1.000
1.380
1.020
1.020
1.020
6.450
0.915
0.915
1.290
2.200
2.200
0.185
0.345
0.345
0.750
1.210
1.210
1.210
1.210
1.670
1.670
1.670
0.025
0.045
0.045
0.050
0.290
0.125
0.250
1.570
1.480
0.745
0.210
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
3.000
3.300
0.700
0.700
1.700
0.600
0.110
13.500
10.500
12.880
13.700
1.350
1.500
0.170
6.500
7.000
0.750
1.000
4.625
5.250
6.900
0.500
0.610
0.100
1.000
1.750
0.930
1.000
1.050
7.000
1.070
1.600
1.500
2.400
2.050
0.250
0.240
0.100
0.500
1.380
1.480
1.600
1.650
1.600
1.710
2.080
0.100
0.180
0.115
0.100
1.000
0.200
0.500
1.550
1.140
1.060
0.250
PR’M
(%)
22.43
31.46
56.14
27.95
48.11
-4.29
45.83
1.85
0.43
4.26
7.76
310.34
3.82
260.00
3.61
11.58
23.57
18.00
9.03
11.56
48.48
34.07
38.46
200.00
28.00
27.90
7.35
6.86
17.65
15.50
22.68
76.50
27.52
12.73
5.91
45.95
17.39
0.00
0.00
25.21
28.51
37.85
57.44
7.78
16.47
35.93
360.00
311.11
177.78
130.00
256.90
96.00
130.00
10.19
2.36
58.39
73.81
EXPIRY
DATE
25/08/2016
29/07/2016
11/11/2019
08/06/2016
11/11/2018
30/05/2017
21/09/2018
08/06/2016
30/09/2016
30/08/2016
30/08/2016
29/01/2020
09/10/2019
23/12/2018
30/11/2016
28/10/2016
21/06/2019
26/12/2018
10/08/2016
31/05/2016
28/10/2016
20/01/2017
14/07/2016
06/01/2017
06/12/2019
08/06/2016
30/08/2016
18/07/2016
28/11/2016
31/01/2017
31/10/2016
29/07/2016
18/09/2018
08/06/2016
29/07/2016
01/09/2016
07/09/2018
22/01/2020
31/03/2024
28/10/2016
28/10/2016
29/07/2016
06/01/2019
30/12/2016
11/12/2017
27/08/2020
23/02/2019
22/01/2017
02/07/2018
22/03/2019
24/06/2019
10/02/2019
28/05/2020
28/11/2016
11/06/2018
03/03/2017
25/01/2019
30 Markets
T HU R SDAY M AY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX
Trading themes
Insider moves (Filings on May 3, 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
SHARES ACQUIRED
(DISPOSED)
ALLIANCE FINANCIAL GROUP
BERJAYA AUTO
BUMI ARMADA
CAHYA MATA SARAWAK
DIGI.COM
ECOFIRST CONSOLIDATED
HONG LEONG BANK
IGB REAL ESTATE INVEST TRUST
(1,372,000)
471,900
(2,644,200)
1,754,100
3,389,500
300,000
439,000
(5,090,500)
IGB REAL ESTATE INVEST TRUST
IHH HEALTHCARE
IJM CORPORATION
INARI AMERTRON
IOI CORPORATION
KPJ HEALTHCARE
MALAKOFF CORPORATION
MALAYAN BANKING
MAXIS
MISC
MMAG HOLDINGS
MY E.G. SERVICES
300,000
(2,130,000)
2,000,000
593,800
(1,500,000)
1,000,000
(1,533,500)
(418,700)
2,613,900
947,300
1,669,000
(7,019,400)
PAVILION REAL ESTATE TRUST
PETALING TIN
(261,000)
(107,146,552)
PETRONAS GAS
POS MALAYSIA
(442,000)
(579,900)
PUBLIC BANK
REACH ENERGY
(1,284,500)
1,098,000
SAPURAKENCANA PETROLEUM
SAUDEE GROUP
(1,300,000)
2,783,800
SPRING GALLERY
STERLING PROGRESS
SYARIKAT TAKAFUL MALAYSIA
TAMBUN INDAH LAND
TELEKOM MALAYSIA
(5,044,100)
2,126,000
317,000
(218,700)
5,134,200
DIRECTOR/SUBSTANTIAL
SHAREHOLDER
SHARES HELD
AFTER CHANGE
TRANSACTION
DATE
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
DATO’ TEOH SENG KIAN
EMPLOYEES PROVIDENT FUND BOARD
KUMPULAN WANG PERSARAAN
(DIPERBADANKAN)
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
EMPLOYEES PROVIDENT FUND BOARD
FIRSTWIDE SUCCESS
KUMPULAN WANG PERSARAAN
(DIPERBADANKAN)
EMPLOYEES PROVIDENT FUND BOARD
EMDEN INVESTMENT LTD.
VIRGIN ISLANDS, BRITISH
EMPLOYEES PROVIDENT FUND BOARD
MITSUBISHI UFJ FINANCIAL GROUP INC.
(JAPAN)
EMPLOYEES PROVIDENT FUND BOARD
CREDIT SUISSE SECURITIES (EUROPE)
LTD. UK
EMPLOYEES PROVIDENT FUND BOARD
KHOO LAY TATT
245,764,640
111,103,120
419,787,000
119,116,727
955,958,676
106,738,732
289,080,571
203,835,900
27/4
27/4
27/4
26 & 27/4
27/4
29/4
27/4
11 - 13
15, 18 & 19/4
27/4
27/4
27/4
27/4
27/4
27/4
27/4
27/4
25 & 27/4
19 & 20/4
29/4
12 - 14
& 19/4
27/4
28/4
241,240,313
724,627,200
477,608,278
76,497,327
455,501,573
128,081,695
804,282,533
1,416,437,183
619,688,534
305,977,511
162,491,124
142,479,700
190,844,503
225,690,500
38,990,524
27/4
26/4
517,044,868
72,003,500
27/4
26/4
853,418,600
2,783,800
27/4
28, 29/4
& 3/5
26/4
29/4
27/4
27/4
25 - 27/4
Organisation for Economic Co-operation and Development (OECD) economy
INNOFARM
15,352,400
FNS AVENUE
62,112,200
EMPLOYEES PROVIDENT FUND BOARD
87,224,300
EMPLOYEES PROVIDENT FUND BOARD
21,556,700
AMANAHRAYA TRUSTEES
506,806,095
- SKIM AMANAH SAHAM BUMIPUTERA
UMW OIL & GAS CORPORATION
(946,800) EMPLOYEES PROVIDENT FUND BOARD
129,151,800
27/4
UZMA
(1,707,700) KUMPULAN WANG PERSARAAN
19,288,600
11, 13
(DIPERBADANKAN)
& 14/4
WCT HOLDINGS
239,900 EMPLOYEES PROVIDENT FUND BOARD
92,133,880
27/4
YNH PROPERTY
2,376,629 MITSUBISHI UFJ FINANCIAL GROUP INC.
61,941,311
26/4
(JAPAN)
YNH PROPERTY
473,300 CHING NYE MI
5,709,651
3/5
YTL CORPORATION
5,188,500 EMPLOYEES PROVIDENT FUND BOARD
724,453,647
27/4
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
• Malaysia Building Society Bhd annual
general meeting (AGM) at Grand Nexus,
Level 3A, Connexion@Nexus, No 7 Jalan
Kerinchi, Bangsar South City, Kuala Lumpur at10am.
• Official launch of the All-New Caltex with
Techron® fuel offering at Lagoon 1, Level
15, Sunway Hotel & Spa, Persiaran Lagoon,
Bandar Sunway, Selangor at 10am.
• LG Information Display Tech Seminar
showcases world class commercial technology at Petaling Jaya 8 building, Jalan
Barat, Seksyen 8, Petaling Jaya, Selangor
at 10am.
• Grab launches new service at The Penthouse, Damansara Uptown, Petaling Jaya,
Selangor at 10am.
• Globetronics Technology Bhd AGM at Merbah Room, Lower Level, Hotel Equatorial
Penang, No 1 Jalan Bukit Jambul, Bayan
Lepas, Penang at 10.30am.
• Three-A Resources Bhd AGM at Ballroom
Level 1, Tropicana Golf & Country Resort,
Petaling Jaya, Selangor at 11am.
• UMW Toyota Motor will be introducing
the All-New Hilux and All-New Fortuner
at Setia City Convention Centre, Jalan Setia Dagang AG U13/AG, Setia Alam, Shah
Alam at 11am.
Stocks closest to year high
• RHB Launches All New RHB NOW Mobile
HIGH
LOW
CLOSE
VOLUME
Banking App at LOL @ Livehouse Kuala STOCK
(RM)
(RM)
(RM)
('000)
Lumpur E-G-07, Electric Boulevard, TREC KULIM
4.040
4.000
4.000
10011
(Next to Zouk), Lot 434, Jalan Tun Razak, FBMKLCI-H65
0.195
0.175
0.175
268
Kuala Lumpur at 2pm.
FBMKLCI-H63
0.115
0.100
0.105
428
0.460
0.430
0.440
4212.7
• GoBear enables individuals to make the MYCRON
0.210
0.175
0.175
1047
best financial decisions quickly and eas- FBMKLCI-H61
M3TECH
0.210
0.190
0.200
5198.1
ily, better and smarter. Official launch of VIVOCOM
0.345
0.330
0.345 54321.9
GoBear.com Malaysia at Talent Lounge, MINETEC-WA
0.050
0.030
0.045 64469.8
Menara Mustapha Kamal, Level G-01- VIVOCOM-WB
0.170
0.150
0.165 35863.6
01, Block A, Petaling Jaya Trade Centre, HSI-H45
1.460
1.460
1.460
10.1
Damansara Perdana, Selangor at 2.30pm. This table shows stocks that are trading near their year high. This
could suggest a build-up in buying momentum, or the possibility that
profit-taking activities could set in later.
Stocks closest to year low
STOCK
MAXWELL
FGV-C8
FBMKLCI-C60
CMSB
MISC-C2
FBMKLCI-C46
SANICHI
FBMKLCI-C34
FBMKLCI-C48
MAGNUM
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
0.035
0.050
0.110
3.930
0.085
0.225
0.050
0.045
0.115
2.420
0.020
0.050
0.100
3.730
0.080
0.190
0.040
0.030
0.090
2.390
0.025
0.050
0.110
3.810
0.080
0.225
0.050
0.045
0.110
2.400
9659.2
50
35
9673.6
390
136.5
2040.3
7981.4
6164.8
989
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
0.600
1.666
US
SWISS
BRIT CANADA BRUNEI S’PORE
AUST
M’SIA
CHINA
BANGL’H
DENM’K
UAE
0.935
0.936
0.922
2.7577
4.487
54.050
4.466
2.535
9,141
45.946
73.613
5.601
32.600
2.513
2.589
5.559
24.215
5.357
1.466
1.558
1.559
1.536
4.5943
7.476
90.046
7.440
4.224
15,228
76.545
122.639
9.330
54.312
4.186
4.313
9.261
40.342
8.925
7.761
STERLING £
2.102
1.262
1.451
1.386
CANADA $
1.136
0.682
0.784
0.749
0.541
BRUNEI $
1.069
0.642
0.738
0.705
0.509
0.941
SINGAPORE $
1.069
0.641
0.738
0.705
0.508
0.940
1.000
AUSTRALIA $
1.085
0.651
0.749
0.715
0.516
0.955
1.015
1.015
MALAYSIA RM
0.363
0.218
0.250
0.239
0.173
0.319
0.339
0.339
0.334
22.285
13.376
15.383
14.695
10.602
19.610
20.847
20.853
20.543
61.4550
1.850
1.111
1.277
1.220
0.880
1.628
1.731
1.731
1.706
5.1022
8.302
100 DANISH KRONER
22.391
13.440
15.456
14.766
10.653
19.704
20.946
20.953
20.641
61.7480
100.48
100 UAE DIRHAM
39.445
23.677
27.229
26.012
18.767
34.711
36.900
36.912
36.363 108.7785
177.01
2,132
176.17
1000 INA RUPIAH
0.109
0.066
0.076
0.072
0.052
0.096
0.102
0.102
0.101
0.3017
0.491
5.913
0.489
0.277
100 INDIA RUPEE
2.176
1.306
1.502
1.435
1.036
1.915
2.036
2.037
2.006
6.0021
9.767
117.638
9.720
5.518
0.955
0.689
1.275
1.355
1.356
1.335
3.9950
6.501
78.300
6.470
3.673
13,242
66.560
106.641
8.113
47.227
3.640
3.750
8.053
35.080
0.721
1.334
1.419
1.419
1.398
4.1819
6.805
81.963
6.773
3.844
13,861
69.674
111.630
8.493
49.437
3.810
3.926
8.430
36.721
8.124
1.850
1.966
1.967
1.938
5.7963
9.432
113.605
9.387
5.329
19,212
96.571
154.725
11.772
68.521
5.281
5.441
11.684
50.897
11.260
1.063
1.063
1.048
3.1338
5.099
61.421
5.075
2.881
10,387
52.212
83.653
6.364
37.046
2.855
2.942
6.317
27.518
6.088
1.000
0.985
2.9479
4.797
57.777
4.774
2.710
9,771
49.114
78.690
5.987
34.849
2.686
2.767
5.942
25.885
5.727
0.985
2.9470
4.795
57.760
4.773
2.709
9,768
49.099
78.666
5.985
34.838
2.685
2.766
5.940
25.877
5.725
2.9915
4.868
58.632
4.845
2.750
9,915
49.841
79.854
6.075
35.364
2.726
2.808
6.030
26.268
5.811
1.0000
1.627
19.600
1.619
0.919
3,315
16.661
26.694
2.031
11.822
0.911
0.939
2.016
8.781
1.943
1,204
99.525
56.496
1,640
124.807
726.496
55.996
57.688
123.876
539.633
119.383
8.263
4.690
16,911
85.006
136.196
10.362
60.316
4.649
4.789
10.285
44.802
9.912
56.765
204,667
1,028.77
1,648
125.40
729.96
56.26
57.96
124.47
542.21
119.95
1,812
2,904
220.91
1,286
99.12
102.11
219.27
955.18
211.31
5.027
8.053
0.613
3.567
0.275
0.283
0.608
2.649
0.586
160.218
12.189
70.954
5.469
5.634
12.099
52.704
11.660
1,210
203,696 1,023.892
360,552
19,894
1.358
0.815
0.938
0.896
0.646
1.195
1.271
1.271
1.252
3.7462
6.096
73.424
6.067
3.444
12,417
62.415
17.855
10.718
12.325
11.775
8.495
15.713
16.703
16.709
16.460
49.2400
80.124
965
79.743
45.266
163,208
820.380
1,314
2.828
3.067
1.841
2.117
2.023
1.459
2.699
2.870
2.870
39.798
23.888
27.472
26.244
18.934
35.021
37.230
37.241
7.608
8.4591
13.765
165.794
13.699
7.776
28,038
140.936
225.805
17.179
36.687 109.7497
178.585
2,151
177.738
100.893
363,771
1,829
2,930
222.887
44.286
3.413
3.517
7.551
32.895
7.277
582.095
44.866
46.222
99.254
432.374
95.654
7.708
1,297
7.941
17.051
74.279
16.433
103.022
221.225
963.706
213.201
935.438
206.948
435.623
96.373
100 SAUDI RIYAL
38.630
23.188
26.666
25.474
18.379
33.994
36.138
36.149
35.611 106.5305
173.347
2,088
172.525
97.933
353,101
1,775
2,844
216.350
1,259
97.067
100 SWEDISH KRONOR
17.990
10.798
12.418
11.863
8.559
15.831
16.829
16.834
16.584
49.6100
80.726
972.331
80.343
45.606
164,435
826.544
1,324
100.751
586.469
45.203
46.569
4.130
2.479
2.851
2.723
1.965
3.634
3.863
3.864
3.807
11.3883
18.531
223.205
18.443
10.469
37,747
189.739
303.996
23.128
134.628
10.377
10.690
22.956
18.667
11.205
12.885
12.309
8.881
16.426
17.462
17.468
17.208
51.4770
83.764 1,008.923
83.366
47.323
170,623
857.650
1,374
104.543
608.540
46.904
48.321
103.763
100 HK$
HK
0.880
1.047
100 THAI BAHT
THAI
0.793
0.870
100 PHILIPPINE PESO
SAUDI SWEDEN
0.476
0.910
100 QATAR RIYAL
QATAR
1.099
1.449
100 NORWEGIAN KRONER
PHIL
0.659
1.516
100 JAPAN YEN
JAPAN NORWAY
1.150
US $
100 BANGLAD’H TAKA
INDIA
0.690
SWISS FR
100 CHINESE RMB
INA
214.736
22.123
452.017
Note: Run your finger down the left-hand side until you reach the country of origin you plan to exchange. Then move your finger until that line intersects with the vertical column of the currency you wish to buy. The figure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
Markets 3 1
THU RSDAY MAY 5 , 20 16 • T HEED G E FINA NCIA L DA ILY
FUTURES . MONEY MARKET . COMMODITIES
Money market
Index futures
Long Rolls - KLCI futures
FKLI
Index points
1980
Open Interest
1,647.00 90000
(+5.00)
Index points
-5.00
18.00
US Dollar
Klibor
USD Index
Implied interest rate (%)
102.00
(+0.50)
4.5
93.069
3.65
(+0.125)
1790
68000
4.75
94.25
1600
46000
-8.50
86.50
1410
24000
-21.75
78.75
2000
-35.00
(Unch)
3.5
1220
Jan 4, 2010
May 4, 2016
2.5
71.00
Jan 4, 2010
FBM KLCI futures higher in
tandem with cash market
May 4, 2016
FBM KLCI futures
INDEX AND FUTURES
CONTRACT
LAST
CHANGE
VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
The FBM KLCI futures contract on Bursa Ma- FBMKLCI 1,657.58 6.14 148.6M
1,647.00
5.00
11,322
1,030
1,479
laysia Derivatives ended higher yesterday in MAY 16
1,642.00
6.00
441
167
28
tandem with the performance of the un- JUN 16
SEP 16
1,633.00
6.00
50
8
4
derlying cash market. The benchmark FBM DEC 16
1,622.00
4.50
21
12
UNCH
KLCI closed 61.4 points higher at 1,657.58. TOTAL
11,834
1,217
1,511
Spot contract May 2016 added five points
BID
OFFER
CLOSE
to 1,647; June 2016 and September 2016 each FUTURES ROLL OVER
-4.5
-5.0
-5.0
rose six points to 1,642 and 1,633 respectively; MAY/JUN
and December 2016 increased 4.5 points to FUTURES FAIR VALUE
CONTRACT
DAYS TO EXPIRY
KLIBOR DIVIDEND FAIR VALUE
1,620.
16
28
4.12
5.83
-1.71
Turnover rose to 11,834 lots from 8,926 MAY
JUN 16
58
8.69
12.55
-3.86
lots on Tuesday, while open interests in- ROLL’S FAIR
-2.15
creased to 44,254 contracts from 40,204
contracts previously.
Most Southeast Asian stocks recouped early losses yesterday with the Philippine index
posting its first gain in nine sessions while InThe Philippine Stock Index rose 0.5%, redonesian shares recovered from an initial fall bounding from a 2.9% drop in the last eight
following the release of economic growth data. sessions. — Agencies
Commodities
CPO vs Soyoil
Open Interest
4200
200000
3450
2700
1950
2,616
1200
Jan 6, 2008
May 4, 2016
Respite for the US dollar
after euro, yen retreat
The yen and the euro both retreated from
long-term highs against the US dollar yesterday as markets looked to a series of US
jobs releases due by the end of the week for
fresh direction.
The US dollar gained 0.2% to ¥106.75, off
earlier highs. It was up marginally on the
day at US$1.1491 per euro, compared with
Tuesday’s low of US$1.1616.
The greenback hit an almost 19-month
low of ¥105.55 overnight, having hit its weakest against the euro since last August on
Tuesday.
Measuring by the trade-weighted index
used by the European Central Bank, the
euro rose on Tuesday past levels around
96 assumed by the bank in its last forecasts,
spurring speculation that officials may seek
to talk the currency down. — Reuters
1.5
Oct 1, 2000
May 4, 2016
Klibor
MONTH
SETTLEMENT
PRICE
MAY6
JUN6
JUL6
SEP6
DEC6
MAR7
JUN7
SEP7
DEC7
MAR8
JUN8
SEP8
DEC8
MAR9
JUN9
SEP9
DEC9
MAR0
JUN0
SEP0
DEC0
MAR1
TOTAL
CHANGE
96.32
96.35
96.35
96.35
96.35
96.35
96.30
96.26
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
96.21
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
VOLUME
OPEN
INTEREST
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation.
CPO & Open Interest
CPO RM/tonne
Oct 2, 2006
(+77)
Crude Oil
Gold
CPO RM/tonne
Soyoil US$/Ibs
US$/bbl
US$/troy oz
6400
2,888 0.7300
155.00
1980
(RM0.3286/tonne)
43.78
1660
152500
5100
0.5475
121.25
105000
3800
0.3650
87.50
1340
57500
2500
0.1825
53.75
1020
10000
May 4, 2016
Biggest jump for palm in nearly
5 months on short covering
(+77)
Jan 6, 2008
0.0000
May 4, 2016
CPO futures
CONTRACT
MAY-16
JUN-16
JUL-16
AUG-16
SEP-16
LAST
2,587
2,615
2,616
2,603
2,586
CHANGE
67
76
77
73
72
VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
192
3,328
3,201 28,111
34,479 114,272
11,434 50,608
8,262 52,041
1,278.60
(-13.20)
2,616
1200
(+0.13)
-135
-783
1,087
1,232
570
Malaysian palm oil futures rose yesterday,
marking their sharpest jump in nearly five
months, as traders covered short positions
CPO/SOYOIL
after four sessions of losses and as the ringgit CPO FUTURES
INDICATIVE ROLL-OVER FUTURES BASIS (USD)
sunk to its weakest in five weeks.
CURRENT
-62.53
MAY/JUN
-28
The palm oil contract for July delivery on MAY/JUL
3 MONTHS AVERAGE
-69.21
-29
Bursa Malaysia Derivatives was 3% or RM77 MAY/AUG
6 MONTHS AVERAGE
-83.35
-16
higher at RM2,616 per tonne by the close of JUN/JUL
-1
trade.
SGS & ITS EXPORT ESTIMATES (TONNES)
FEB’16
MAR’16
APR’16
Traded volumes were 68,084 lots of 25 SHIPMENT DAYS
197/250
308/328
305/321
tonnes each at the end of the trading day, 1 - 10TH DAYS
420/408
416/451
500/484
higher than the 2015 daily average of 44,600. 1- 15TH DAYS
DAYS
582/595
718/713
724/738
Palm oil lost 4.8% last month, weighed 11 -- 20TH
25TH DAYS
781/788
883/887
883/890
down by poor export demand, and hit a near FULL MONTH
956/943
1,168/1,175 1,088/1,109
two-month low in the previous session.
MALAYSIAN PALM OIL BOARD
DEC’15
JAN’16
FEB’16
MAR’16
“The market was earlier oversold, and the
1,399
1,130
1,043
1,220
weak ringgit triggered covering and techni- PRODUCTION
1,483
1,279
1,085
1,334
cal buying as prices moved above RM2,600,” EXPORT
STOCKS
2,631
2,308
2,169
1,885
said a trader from Kuala Lumpur.
MPOB Palm oil physical
A weaker ringgit, the currency palm oil is
MAY’2016
JUN’2016
JUL’2016
traded in, usually supports palm by making (IN RM/TON)
CPO DELD
2,576
2,560
2,550
it cheaper for foreign currency holders.
PK EX-MILL
2,260
2,240
2,230
The ringgit fell 1.5% against the US dollar CPKO DELD
4,745
4,745
4,721
yesterday, settling at 3.9860 in the evening RBD P.OIL FOB
2,740
2,721
2,669
after earlier reaching 3.9900.
RBD P.OLEIN FOB
2,769
2,757
2,730
2,468
2,453
2,433
In competing oils, the September soy- RBD P.STEARIN FOB
bean oil contract on the Dalian Commodity MPOB FFB REF PRICE (MILL GATE PRICE)
GRADE A
GRADE B
GRADE C
Exchange rose 0.6%, while the May Chicago REGION
OER (RM/TON)
OER(RM/TON)
OER (RM/TON)
Board of Trade soyoil contract gained 1.5%. NORTH
20.00% 567
19.00% 542
18.00% 517
The offer price for crude palm kernel oil SOUTH
20.00% 571
19.00% 546
18.00% 521
20.00% 570
19.00% 545
18.00% 519
stood at RM4,861.17 per tonne in the evening, CENTRAL
according to price assessments by Thomson EAST COAST 20.00% 567 19.00% 542 18.00% 517
SABAH
22.00% 550
21.00% 527
20.00% 504
Reuters. — Reuters
SARAWAK
22.00% 559
21.00% 534
20.00% 511
20.00
Apr 10, 2007
700
May 4, 2016
Oil rises above US$45 after
slide, and Canada wildfire
Oil rose above US$45 a barrel yesterday as
reduced production in Canada’s oil sands
region due to a wildfire pushed aside concern about excess global supplies and expectations of rising US crude inventories.
The Canadian province of Alberta was
evacuating the entire population of Fort McMurray, where a wildfire was taking hold in
the heart of the country’s oil sands region,
prompting some companies to cut output.
Brent crude futures was up 11 US cents at
US$45.08 . It reached a 2016 high of US$48.50
last Friday, but settled lower on that day and
fell again on Monday and Tuesday. Meanwhile, US crude futures was up 13 US cents
at US$43.78.
“Oil prices could receive support from
the wildfires in the Canadian oil province
of Alberta,” said Carsten Fritsch, analyst at
Commerzbank. — Reuters
Centrifuged Latex
Aug 31, 2008
Commodities
AGRICULTURE
UNIT
EXCHANGE
RM/TON
SEN/KG
USC/BSH
USC/BSH
USC/BSH
USC/IBS
US$/TON
USC/IBS
USC/IBS
USC/IBS
MDEX
MRB
CBOT
CBOT
CBOT
CME
NYBOT
NYBOT
NYBOT
NYC
2,616
579.00
373.25
1,020.00
460.75
114.35
3,162
119.65
16.54
62.53
77
8.50
-5.00
-1.50
1.00
0.625
-43
0.40
0.01
-0.53
US$/TON
USC/IBS
US$/TROY OZ
US$/TROY OZ
US$/TROY OZ
USC/TROY OZ
RMB/TON
RMB/TON
KLTM
CMX
CMX
NYMEX
NYMEX
CMX
SHF
SHF
17,400
2.22
1,278.60
1,056.80
597.85
17.24
12,475
14,925
100
-0.048
-13.20
-14.80
-12.00
-0.24
-260
-335
LIGHT CRUDE OIL
US$/BBL
HEATING OIL
USC/GAL
NATURAL GAS
US$/MMBTU
BRENT CRUDE
US$/BBL
GAS OIL
US$/TON
NYMEX
NYMEX
NYMEX
ICE
ICE
CRUDE PALM OIL
RUBBER
CORN
SOYBEANS
WHEAT
LIVE CATTLE
COCOA
COFFEE
SUGAR
COTTON
METAL & PRECIOUS METALS
TIN
COPPER
GOLD
PLATINUM
PALLADIUM
SILVER
ALUMINIUM
ZINC
ENERGY
43.78
0.13
1.3501 0.0064
2.233 -0.021
45.08
0.11
397.75
3.75
Sen/Kg
1100
1700
900
1325
509.00
950
(+3.00)
500
579.00
(+8.50)
575
300
Jan 7, 2007
LAST PRICE CHANGE
Rubber - M’sia SMR 20
Sen/Kg
700
May 4, 2016
200
May 4, 2016
Jan 7, 2007
May 4, 2016
Markets
32
T HU R SDAY M AY 5 , 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]]
1,657.58
6.14
5,656.25
37.61
2,773.07
38.13
16,147.38
518.67
20,525.83
STOCK
Index point
1,657.58
(+6.14)
KL Composite Index
KLCI futures
1,647.00
(+5.00)
8:45 9:30
10:30
11:30
12:45
14:30
15:30
16:30 17:15
Daily FBM KLCI
Moving average - 20-day
KL Composite Index
1950.0
MINETEC-WA
MINETEC
RA
RGB
MAXWELL-WA
KULIM
GBGAQRS-WA
CAP
CMSB
MAXWELL
FBMKLCI-C34
SGB-PA
VS-CD
FBMKLCI-C54
FBMKLCI-C48
MUIIND
VOLUME
('000)
CHANGE
(%)
CHANGE
(RM)
CLOSE
(RM)
HIGH
(RM)
LOW
(RM)
64,470
23,539
16,177
16,036
12,761
10,011
9,818
9,786
9,674
9,659
7,981
6,861
6,672
6,273
6,165
5,670
28.57
10.53
100.00
0.00
100.00
0.76
40.74
-7.69
1.60
-28.57
0.00
8.33
0.00
-4.35
0.00
0.00
0.010
0.010
0.005
0.000
0.005
0.030
0.055
-0.005
0.060
-0.010
0.000
0.005
0.000
-0.005
0.000
0.000
0.045
0.105
0.010
0.155
0.010
4.000
0.190
0.060
3.810
0.025
0.045
0.065
0.020
0.110
0.110
0.175
0.050
0.105
0.010
0.160
0.010
4.040
0.190
0.060
3.930
0.035
0.045
0.065
0.020
0.110
0.115
0.180
0.030
0.090
0.005
0.150
0.005
4.000
0.140
0.055
3.730
0.020
0.030
0.060
0.015
0.100
0.090
0.170
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.
1,657.58
(+6.14)
1667.5
1385.0
Jan 2, 2008
May 4, 2016
900
600
300
0
Volume (’mil)
FBM KLCI futures
CONTRACT
SETTLEMENT
CHANGE
HIGH
LOW
MAY 16
JUN 16
SEP 16
1,647.00
1,642.00
1,633.00
5.00
6.00
6.00
1,655.50
1,650.00
1,638.50
1,629.00
1,624.50
1,616.50
KLCI
POINTS
CHANGE
(RM)
CLOSE
(RM)
VOLUME
('000)
2.36
2.22
2.06
1.83
1.07
1.00
0.73
0.36
-0.18
-0.25
-0.26
-0.36
-0.40
-0.45
-0.51
-3.96
5.26
0.88
6.14
0.360
0.160
0.140
3.800
0.100
0.100
0.200
0.070
-0.060
-0.040
-0.050
-0.200
-0.030
-0.030
-0.050
-0.240
18.920
6.560
4.680
46.800
7.710
4.540
13.400
4.550
7.240
6.650
5.950
23.180
6.640
5.570
1.590
8.540
3350.1
10165.2
7905.4
1589.7
1735.8
3108.3
578.5
1440.9
1219.6
2909.0
646.5
1669.2
5168.1
12055.6
51628.1
13668.9
FBM KLCI sensitivity*
PUBLIC BANK
IHH HEALTHCARE
CIMB GROUP
BRITISH AMERICAN TOBACCO
SIME DARBY
GENTING MALAYSIA
HONG LEONG BANK
AMMB HOLDINGS
KLCC PROP REIT
TELEKOM MALAYSIA
RHB CAPITAL
K.LUMPUR KEPONG
PETRONAS CHEMICAL
AXIATA GROUP
SAPURA-KENCANA
MAYBANK
SUB-TOTAL
OTHERS
GRAND TOTAL
* How stock price changes affected the index on the previous trading day
TURNOVER
(‘000)
CHANGE
(RM)
CHANGE
(%)
PRICE
(RM)
PE
RATIO
DIVIDEND
YIELD (%)
64,469.8
54,719.7
54,321.9
51,628.1
47,346.4
43,188.5
40,745.1
37,203.4
35,863.6
23,539.2
18,749.8
17,573.1
16,545.6
16,284.6
16,176.9
16,040.5
16,035.9
16,027.7
15,770.4
15,547.5
0.010
0.020
0.005
-0.050
UNCH
0.015
-0.010
0.040
0.010
0.010
-0.035
0.010
0.270
0.010
0.005
UNCH
UNCH
UNCH
0.010
0.010
28.57
10.00
1.47
-3.05
UNCH
4.55
-1.53
2.09
6.45
10.53
-11.29
100.00
8.33
4.26
100.00
UNCH
UNCH
UNCH
4.26
2.74
0.045
0.220
0.345
1.590
0.005
0.345
0.645
1.950
0.165
0.105
0.275
0.020
3.510
0.245
0.010
0.465
0.155
14.080
0.245
0.375
—
—
80.95
—
—
—
—
9.86
—
—
—
—
12.78
—
—
15.66
9.28
16.19
—
—
0.00
0.00
0.00
1.23
0.00
0.00
0.00
2.09
0.00
0.00
0.00
0.00
3.40
0.00
0.00
0.00
3.23
2.06
0.00
2.74
Top gainers and losers (ranked by RM)
BAT
PANAMY
UTDPLT
PBBANK
BKAWAN
AJI
GTRONIC
HSI-H45
LAFMSIA
HLBANK
IHH
CIMB
1102.5
820.0
MINETEC-WA
AAX-WA
VIVOCOM
SKPETRO
SONA-WA
AAX
SGB
AIRASIA
VIVOCOM-WB
MINETEC
HSI-C20
GTRONIC-CG
GTRONIC
VIVOCOM-WC
RA
KNM
RGB
TENAGA
VIVOCOM-WD
BJCORP
UP
FBM KLCI rises on
bargain hunting
1,704.89
140.25
Daily top 20 active stocks
UNUSUAL MARKET ACTIVITIES
FBM KLCI & KLCI futures intraday
17,750.91
Market movers
The most effective way to do it, is to do it.
— Amelia Earhart
1659
1656
1653
1650
1647
1644
1641
1638
1635
1632
1629
151.11
CLOSE
CHANGE
(RM)
DOWN
46.800
29.200
26.500
18.920
17.900
11.980
3.510
1.460
8.580
13.400
6.560
4.680
3.800
0.700
0.500
0.360
0.300
0.280
0.270
0.220
0.220
0.200
0.160
0.140
NESTLE
F&N
SCIENTX
TIMECOM
KLK
KAWAN-WA
TASEK
ECOWLD-CE
SCC
CARING
KAREX
CARLSBG
0.020
0.035
0.060
0.015
0.015
0.015
0.190
0.035
0.035
0.055
100.00
75.00
71.43
50.00
50.00
50.00
40.74
40.00
40.00
37.50
CLOSE
CHANGE
(RM)
74.500
22.180
12.000
7.240
23.180
2.170
15.360
0.030
2.100
1.650
2.440
12.600
-0.400
-0.220
-0.220
-0.210
-0.200
-0.190
-0.180
-0.165
-0.140
-0.140
-0.130
-0.120
0.045
0.005
0.075
0.005
0.005
0.080
0.005
0.005
0.005
0.005
-70.00
-50.00
-50.00
-50.00
-50.00
-50.00
-50.00
-50.00
-50.00
-50.00
KUALA LUMPUR: The FBM KLCI rose 6.14 points or 0.4% as
investors bargain hunted for beaten-down Malaysian shares.
At 5pm yesterday, the FBM KLCI closed at 1,657.58 on
gains in stocks like CIMB Group Holdings Bhd and Public
Bank Bhd.
Yesterday, Malacca Securities Sdn Bhd analyst Kenneth
Leong said the FBM KLCI’s gain was seen as a technical rebound, following recent losses.
“There are also some bargain-hunting activities after for- Top gainers and losers (ranked by percentage)
eign funds offloaded some RM660 million over the past four
UP
CHANGE
DOWN
CHANGE
days. The FBM KLCI’s rebound may not be sustainable as
CLOSE
(%)
CLOSE
(%)
there are still uncertainties regarding 1Malaysia Development
RA
0.010
100.00
ECOWLD-CE
0.030
-84.62
Bhd and crude oil prices,” Leong told theedgemarkets.com.
0.010 100.00
PRESBHD-CA
0.040 -73.33
Bursa Malaysia saw 1.7 billion shares, worth RM2.13 billion DRBHCOMC18
MAXWELL-WA
0.010 100.00
SKPETROC21
0.045 -70.00
traded. Gainers outnumbered decliners at 483 versus 342.
GTRONIC-CG
0.020 100.00
TRIVE-WA
0.005 -50.00
Leading gainer was British American Tobacco (M) Bhd, CMSB-CP
0.035
75.00
APPLE-C15
0.075 -50.00
while Nestle (M) Bhd was the top decliner.
KEURO-WE
0.060
71.43
MRCB-C5
0.005 -50.00
0.015
50.00
TA-CF
0.005 -50.00
Vivocom Intl Holdings Bhd and SapuraKencana Petro- PBBANK-C4
0.015
50.00
PRESBHD-CC
0.080 -50.00
leum Bhd were among the exchange’s most actively traded CSL-WA
KOSSAN-CK
0.015
50.00
SKPETROC18
0.005 -50.00
stocks.
GBGAQRS-WA
0.190
40.74
FGV-C9
0.005 -50.00
The FBM KLCI rose despite regional share losses. Hong XINQUAN-WA
0.035
40.00
UMWOG-CY
0.005 -50.00
Kong’s Hang Seng declined 0.73%, while South Korea’s Ko- RESINTC-WA
0.035
40.00
MALAKOF-CG
0.005 -50.00
spi was down 0.49%.
Reuters reported Asian shares skidded yesterday, as in- Top gainers and losers - warrants (ranked by percentage)
vestors fretted about weak global growth and creeping deUP
CHANGE
DOWN
CHANGE
flation, undermining commodities and boosting demand
CLOSE
(%)
CLOSE
(%)
for safe-haven sovereign debt. — by Yimie Yong
DRBHCOMC18
0.010 100.00
ECOWLD-CE
0.030 -84.62
MAXWELL-WA
0.010 100.00
PRESBHD-CA
0.040 -73.33
World equity indices
DOW JONES
S&P 500
NASDAQ 100
FTSE 100
AUSTRALIA
CHINA
HONG KONG
INDIA
I want an edge!
CLOSE
CHANGE
17,750.91
2,063.37
4,341.39
6,185.59
5,271.14
2,991.27
20,525.83
25,101.73
-140.25
-18.06
-39.91
-56.30
-82.70
-1.37
-151.11
-127.97
INDONESIA
JAPAN
KOREA
PHILIPPINES
SINGAPORE
TAIWAN
THAILAND
VIETNAM
CLOSE
CHANGE
4,822.60
16,147.38
1,976.71
7,081.86
2,773.07
8,185.47
1,390.70
599.07
10.33
-518.67
-9.70
35.29
-38.13
-108.65
-7.17
0.70
Email: [email protected]
Fax: (03) 7721 8282
GTRONIC-CG
CMSB-CP
KEURO-WE
PBBANK-C4
CSL-WA
KOSSAN-CK
GBGAQRS-WA
XINQUAN-WA
RESINTC-WA
GDEX-CB
SKPETROC21
TRIVE-WA
APPLE-C15
MRCB-C5
TA-CF
PRESBHD-CC
SKPETROC18
FGV-C9
UMWOG-CY
MALAKOF-CG
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