MKH takes part in redevelopment of Pekeliling flats Malaysia signs

Transcription

FBM KLCI 1656.77
23.47
KLCI FUTURES 1650.00
22.00
STI 2558.49
7.75
RM/USD 4.1450
CPO RM2531.00
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
FRIDAY FEBRUARY 5, 2016 ISSUE 2100/2016
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6 HOME BUSINESS
MKH takes part in
redevelopment of
Pekeliling fl
flats
ats
6 HOME BUSINESS
Malaysia signs
TPP agreement,
countdown to
ratifi
fication begins
7 HOME BUSINESS
Astro wins BPL
broadcast rights for
next three seasons
1617 FOCUS
How to spend up to
US$10,000 on
a timepiece
16.00
OIL US$35.06
0.02
GOLD US$1147.20
6.00
FBM KLCI 1656.77
23.47
22.00
STI 2558.49
7.75
RM/USD 4.1450
CPO RM2531.00
16.00
OIL US$35.06
0.02
GOLD US$1147.20
6.00
PP 9974/08/2013 (032820)
FRIDAY FEBRUARY 5, 2016 ISSUE 2100/2016
FINANCIAL
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6 HOME BUSINESS
MKH takes part in
redevelopment of
Pekeliling flats
6 HOME BUSINESS
Malaysia signs
TPP agreement,
countdown to
ratification begins
7 HOME BUSINESS
Astro wins BPL
broadcast rights for
next three seasons
PHOTO BY SAM FONG
The Edge Financial Daily
will be taking a break
in conjunction with
Chinese New Year.
Publication will
resume on February 11.
TABUNG HAJI
TRIMS BONUS
after reserves controversy
Pilgrim fund keeps
RM300m in its coffers.
Danial Idraki has the
story on Page 4.
1617 FOCUS
How to spend up to
US$10,000 on
a timepiece
Tan Sri Ismee Ismail
Dialog, Petronas call off Balai
marginal oilfield development
4 HOME BUSINESS
FR I DAY F EB RUARY 5 , 2 0 16 • TH EEDGE F I N AN C I AL DAI LY
2
For breaking news updates go to
ON EDGE T V
How much
did Astro pay
to secure EPL
broadcast
rights? —
Market Matters
Azeez: AG gets
no payment
as Tabung Haji
director
SIA’s 3Q operating
profit nearly doubles
Helped by lower fuel costs, but expects challenges to persist
SINGAPORE: Singapore Airlines
Ltd (SIA) reported a near doubling of its third-quarter operating
profit, helped by lower fuel costs,
but said intense competition in
Southeast Asia will put pressure
on its performance.
The carrier, a benchmark for
Asia’s full-service airline industry,
said yesterday that it expects the
challenging operating environment to persist.
“On the competitive front, expansion of other full-service airlines as well as low-cost carriers,
particularly in Southeast Asia, will
continue to exert pressure on loads
and yields,” it said in a statement.
The airline, 56% owned by sov-
The airline reported an operating profit
of S$288 million up 96% from a year
ago, while net profit rose 35.5% to
S$275 million.
ereign investor Temasek Holdings
Ltd, reported an operating profit of
S$288 million (RM843.78 million),
up 96% from a year ago, while net
profit rose 35.5% to S$275 million.
SIA’s business model hinges
on using its hub at Singapore’s
Changi Airport to connect passengers within Asia and to Europe,
Australia and the United States. It
also has a presence in the low-cost
segment through Tiger Airways
and Scoot.
“While more relief could arise
from lower fuel prices, which have
declined to a 12-year low, fuel continues to make up a significant
portion of the group’s expenditure,
with 46.6% of the group’s fuel requirement in the fourth quarter
hedged at a weighted average price
of US$90 (RM373) per barrel,” SIA
said. — Reuters
BoE cuts growth outlook
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LONDON: The Bank of England
(BoE) cut its economic growth
forecasts yesterday due to a darker
global outlook, and the lone policymaker who had backed a rate
rise in recent months unexpectedly
abandoned this position.
The central bank said sharp falls
in oil prices and shares, and significant risks in emerging economies, weighed on the international
outlook, though resilient domestic demand should ensure British
growth still remained near its longrun average. “Global growth has
fallen back further over the past
three months as emerging economies have generally continued
to slow and as the US economy
has grown less than expected,” the
BoE said in its quarterly forecast.
The central bank said its monetary policy committee (MPC) had
voted 9-0 this week to keep rates on
hold at a record-low 0.5%, where
they have been for almost seven
years.
MPC member Ian McCafferty,
who had voted for a rate rise since
August, unexpectedly dropped his
call. “The more prolonged period
of low inflation suggested that the
pickup in the pace of wage growth
would be initially more muted
than previously expected,” he was
recorded as saying in minutes of
the BoE’s policy discussions.
The central bank said interest
rates were still more likely than
not to rise gradually over the next
three years. But it appears in no
rush to follow the United States
Federal Reserve, which raised rates
in December, just before the latest
market turmoil.
The dollar fell sharply on
Wednesday, after a Fed official
said the central bank may have to
take more account of tighter monetary conditions going forward.
The sterling has weakened by
more than 3% over the past three
months. The BoE said this reflected concerns about global growth,
lower interest rate expectations
and possibly uncertainty about
Britain’s referendum on leaving the
European Union, which is likely
to take place in the middle of this
year. — Reuters
CBS board changes herald Viacom ‘Game of Thrones’
BY JENNIF E R S ABA
NEW YORK: US broadcaster CBS
said on Wednesday that its ailing owner Sumner Redstone is
out as chairman. The title is going to Leslie Moonves, the chief
executive. That swaps one kind
of poor governance for another —
an independent chair would have
been a better choice — but at least
Moonves has done well for the
shareholders. Philippe Dauman,
chief executive officer of troubled
Viacom, the other piece of Redstone’s US$40 billion (RM166 billion) empire, may have a rougher
time getting the same two-handed
grip on power.
The speculation, shareholder
pressure and family drama surrounding the Redstone realm over
the past year or so has played out
like an episode of Game of Thrones
— a TV show that’s far too popu-
lar to have come out of Viacom
of late. Questions loom about
the 92-year-old’s ability to make
decisions, even though he was
executive chairman at CBS until
Tuesday and remains in the same
role at Viacom at least until the
outcome of the company’s board
meet yesterday.
See related story on Page 19
Nominating Moonves as chairman squares things away for CBS,
which has managed to keep itself
relatively unsullied by the events.
The same can’t be said of Viacom,
the owner of cable network MTV
and movie studio Paramount Pictures. For one thing, the company’s
performance has lagged that of
CBS, which was supposed to be the
more boring of the two when they
split a decade ago, and shareholders are restless despite Redstone’s
controlling voting stake.
In addition, though, Dauman
serves as a Redstone trustee in the
event of his death as well as the
founder’s healthcare proxy. Redstone’s daughter Shari, vice-chairman at both companies, applauded the Moonves promotion, but
made clear she didn’t want a trustee or someone “intertwined” with
the family to become chair of either
company. That ruled her out, but
without saying so directly, it also
excludes Dauman.
Dauman could in theory quit
with a hefty payout — more than
US$75 million according to the latest Viacom proxy statement — if he
were forced to report to someone
other than Redstone. Some investors might be happy to pay that
price rather than see Dauman’s
power at the company consolidated. Either way, it sets the stage
for a fraught transition. — Reuters
IN BRIEF
China says foreign
exchange reserves
remain abundant
BEIJING: China’s foreign exchange reserves remain abundant despite recent declines and
risks from cross-border capital
movements are under control,
the country’s foreign exchange
regulator said yesterday. China
will likely post a surplus in its
current account and a deficit in
the capital and financial account
in 2016, the State Administration
of Foreign Exchange (Safe) said
in a statement on its website,
after it released 2015 balance of
payments data. “China’s foreign
exchange reserves remain abundant, as the ratio between outstanding short-term foreign debt
and foreign exchange reserves is
far below the 100% international
safety line,” Safe said. — Reuters
Eurozone GDP to
grow at moderate rate
in 2016, 2017 — EC
BRUSSELS: Eurozone economic growth will slightly accelerate
this year and next, the European Commission (EC) estimated
yesterday, but the pace will be
slower in 2016 than previously
forecast because of increased
global risks. The gross domestic
product (GDP) of the 19-country
single-currency bloc is expected to expand by 1.7% this year
from 1.6% in 2015. The recovery
will gain speed in 2017 with economic expansion of 1.9%, the
European Union executive said
in its winter economic forecasts.
The growth estimate for this year
is a slight downward revision of
the 1.8% seen in the last set of
forecasts in November. The 2017
figure was unchanged. — Reuters
Productivity drive in euro
area hits workforce
FRANKFURT: The drive for more
productivity in the eurozone
has come through cutting the
workforce, a European Central
Bank (ECB) policy setter said
yesterday, warning that such
job-shedding could become entrenched. “Much of the [meagre]
productivity growth seen in the
euro area has come through labour shedding rather than from
strong value-added growth,” said
Yves Mersch, who sits on the
ECB’s Executive Board. “And if
those displaced don’t have the
right skills to find another job,
structural unemployment is likely to increase further.” — Reuters
US oil, gas industry sheds
100,000 jobs in slump
LONDON: The number of people employed in oil and gas extraction and support activities across the US has fallen by
around 100,000 since October
2014. Between October 2014
and November 2015, the number of people on the payroll of
oil and gas extraction firms and
support services fell by almost
87,000, according to the US Bureau of Labor Statistics. But once
data on job losses in December
and January becomes available,
the total reduction is likely to be
around 100,000, or 16% of employment at its peak. — Reuters
F R I DAY F E B RUA RY 5 , 2016 • T HEED G E FINA NCIA L DA ILY
3
4 HOME BUSINESS
Tabung Haji trims bonus
after reserves controversy
Pilgrim fund keeps RM300m in its coffers
BY DA N I A L I DRA KI
KUALA LUMPUR: Lembaga Tabung
Haji, whose dwindling reserves
came to light after Bank Negara
Malaysia (BNM) raised red flag over
its financials recently, has shown
some discipline in its annual bonus
payment by trimming it down to 5%
for the financial year ended Dec 31,
2015, from 6.25% the year before.
In addition, the pilgrim fund is
setting aside RM300 million from
its profits as disbursable reserves,
bringing the total to RM593 million from RM293 million.
However, Tabung Haji has declared a higher haj bonus for depositors, who have yet to make the
pilgrimage, at 3%, compared with
2% in the previous year.
The fund’s total bonus disbursement for FY15 stood at RM3.24
billion — almost flat compared
with the sum in 2014.
“After taking into consideration
the views of all relevant stakeholders, including BNM’s advice amid
a challenging economic environment, we decided that we would
not distribute all the profits to
depositors,” said group managing director and chief executive
officer Tan Sri Ismee Ismail at a
media briefing on its annual financial performance yesterday.
He noted that the reserves are
part of the pilgrim fund’s proactive
measure in being conservative with
its investment activities this year.
In 2014, Tabung Haji paid out
a depositors’ bonus of RM3.24
billion, exceeding its net profit of
RM2.98 billion. Likewise in 2012,
BY DA N IA L ID R A K I
Tabung Haji’s depositors’ savings vs reserves
Disbursable reserves (RM mil)
Depositors’ savings (RM bil)
3000
60
50
2400
40
1800
30
1200
20
600
0
10
2006 2007
2008 2009 2010 2011
the bonus disbursement of RM2.46
billion was higher compared to a
net profit of RM2.15 billion.
Tabung Haji recorded a net
profit of RM3.54 billion on a revenue of RM4.47 billion, which are
18.8% and 35.9% higher, respectively, compared with RM2.98 billion and RM3.29 billion registered
in 2014.
Its depositors’ savings grew 9%
to RM59.3 billion in 2015, compared with RM54.4 billion in the
previous year. The depositor base,
meanwhile, has also increased to
8.85 million account holders, from
8.61 million in 2014.
Meanwhile, Tabung Haji’s asset investments increased 10%
to RM59.94 billion from RM54.55
billion in 2014, attributed to its
tactical allocation of its investments and savings that are consistent with its depositors’ savings,
2012 2013 2014 2015
0
according to Ismee.
He added that Tabung Haji had
a cash asset of RM10.74 billion out
of its total assets, RM4 billion higher than RM6.66 billion it held in
2014. It also increased its property investments to RM5.73 billion,
compared with RM5.2 billion in
the previous year, while its equity
portfolio also saw a rise of RM2.6
billion to RM17.1 billion in 2015,
from RM14.5 billion in 2014.
The fund has no other liability except that of the depositors’
savings.
Tabung Haji was recently in the
spotlight, following the revelation
of a letter from BNM expressing
concern over its dwindling reserves. The letter stated that the
pilgrim fund only had 98 sen in
assets for each ringgit in liability.
Section 22 of the Tabung Haji
Act says that the fund cannot an-
nounce dividends and bonuses to
its depositors if its assets are worth
less than its obligations.
To this, Ismee clarified that following the accounting standards
of FRS139 (financial standards),
Tabung Haji is required to mark to
market all the assets that are available for sale. “In our total portfolio,
that only represents 30%, and we
have another 70% of assets that we
carry in book value,” he explained.
Currently, the group’s asset allocation is divided among equity
(40%), money market and financial
instrument (25%), fixed income
(25%) and properties (10%).
“Last year, we took the opportunity of the strengthening of the
pound sterling at the 6.4 level and
disposed of one of our properties
in the UK. We had bought it when
the exchange rate was at about
4.8, and the total return from this
particular investment was approximately 212%,” he said.
Tabung Haji paid a higher zakat
of RM59.26 million in 2015, 4%
higher compared with RM57 million during the previous year.
Ismee noted that in light of the
current economic situation, it may
need to do some tactical change
to its strategic asset allocation.
“We will continue to source for
recurring income, especially in the
property sector, as I am confident
that this sector will provide a good
return in the long run in terms of
rental yield. We will be very cautious about making any investment
decision, and our cash of close to
RM11 billion shows that we have
been quite conservative,” he said.
Dialog, Petronas call off Balai marginal oilfield development
BY C H ESTER TAY
KUALA LUMPUR: Dialog Group
Bhd and national oil company
Petroliam Nasional Bhd (Petronas) has mutually terminated
their small field risk service contract (RSC), a contract to develop
marginal oilfields in Sarawak,
citing depressed oil price as the
reason.
In a bourse filing yesterday,
Dialog said its jointly controlled
entity, BC Petroleum Sdn Bhd
(BCP), has ceased its operation
and, on Feb 3, signed a termination by mutual agreement with
Petronas to mutually terminate
the RSC. The termination’s effective date was Dec 1, 2015.
BCP is 32%-owned by Dialog’s
wholly-owned subsidiary, Dialog
D&P Sdn Bhd, 48%-owned by Roc
Oil Malaysia (Holdings) Sdn Bhd
and 20% held by Petronas Carigali
Sdn Bhd, Petronas’ exploration
and production arm.
The RSC is for the development and production of petroleum from the Balai Cluster Fields,
located off Bintulu, Sarawak. It
was inked by Dialog D&P, Roc
Oil, and Petronas Carigali on Aug
16, 2011, and subsequently novated to BCP.
At the time, Brent crude was
trading at US$109.47 (RM454.30)
per barrel, 67.94% higher than the
US$35.10 per barrel level it was at,
at the time of writing, yesterday.
With the termination of the
RSC, Dialog said BCP will receive
the balance of the capital expenditure reimbursement within the
first half of 2016.
“Dialog’s total losses, amounting to approximately US$10 million, had been substantially provided for in the group’s financial
results. As such, the termination
is not expected to have any material effect on the earnings, net
assets and gearing of Dialog for
the current financial year ending
TRX land to
be developed
into high-end
apartments —
Tabung Haji
June 30, 2016,” the filing read.
According to Dialog’s filing on
Aug 16, 2011, Balai Cluster Fields,
covering four fields off Sarawak
— namely Balai, Bentara, Spaoh
and West Acis — involves two
development phases which was
estimated to cost up to US$950
million.
On Feb 25 last year, The Edge
Financial Daily reported that the
second phase of Balai Cluster
Fields may be postponed by Petronas until crude oil prices increase to at least US$80 per barrel.
However, Brent Crude prices
remain in a slump, with no real
signs of picking up. In fact, it fell
to a 12-year low of 27.88 on Jan 20.
The Balai Cluster is the second RSC in Malaysia after the
Berantai Field, which is located
off Terengganu. The latter was
awarded by Petronas as well in
January 2011 to Petrofac Energy Developments Sdn Bhd and
SapuraKencana Petroleum Bhd.
The third RSC is for the Kapal,
Banang and Meranti Cluster
Fields, which was awarded to
Petra Energy Bhd and CEC International Ltd in June 2012; the
fourth RSC for the Tembikai-Chenang Cluster Fields was awarded
to Octanex Pte Ltd, Scomi D&P
Sdn Bhd (a subsidiary of Scomi
Energy Services Bhd) and Vestigo Petroleum Sdn Bhd (a subsidiary of Petronas Carigali) in
October 2013.
On March 27, 2014, Petronas
awarded the fifth RSC to EQ Petroleum Developments Malaysia Sdn Bhd and Uzma Energy
Venture (Sarawak) Sdn Bhd (a
wholly-owned subsidiary of Uzma
Bhd) for the development and
production of the Tanjong Baram field, located about 6km off
Sarawak.
Dialog rose four sen or 2.61%
to RM1.57 yesterday, giving it a
market capitalisation of RM8.17
billion.
KUALA LUMPUR: Lembaga
Tabung Haji said it will be developing the 1.6-acre (0.65ha)
Tun Razak Exchange (TRX)
land it had bought from 1Malaysia Development Bhd
(1MDB) into high-end residential apartments worth an
estimated gross development
value (GDV) of RM820 million.
The decision not to sell but
to develop it, according to its
chairman Datuk Seri Abdul
Azeez Abdul Rahim, was made
after considering the appreciation of the land’s value since
Tabung Haji bought the tract.
Abdul Azeez said the land
is worth about RM250 million
currently, compared with the
RM188.5 million price tag it paid
1MDB to acquire the tract last
April, which, in turn, was 43
times the price 1MDB had paid
for the plot when it bought the
land from the federal government about five years ago.
We must also look at
the market outlook,
which at the moment
is depressed for the
property sector.
Tabung Haji’s acquisition was
viewed as a bailout of sorts for
the cash-strapped state-owned
investment company at the time
and was heavily criticised. Following the purchase, Tabung
Haji had said the plot would be
sold at a profit and that many
buyers had shown interest.
“We [have] reconsidered our
position, and decided that it
is better to keep and develop
the land, since it has gone up
in value to about RM3,100 per
sq ft from the RM2,773 that we
paid for,” Azeez told a press
conference after announcing
the pilgrim fund’s dividend and
bonus payout for its financial
year 2015 yesterday.
He added that Tabung Haji
Properties has been given the
mandate to develop the land,
and that the project is now in
its initial planning stage.
Tabung Haji chief executive
and deputy group managing
director Datuk Johan Abdullah, meanwhile, said the group
intends to build high-end residential apartments on the TRX
land, with an initial GDV of
approximately RM820 million.
“We must also look at the
market outlook, which at the
moment is depressed for the
property sector. But we believe
that this development is a good
investment for the long term,”
Johan added.
HOME BUSINESS 5
SapuraKencana
secures jobs
worth RM1.58b
For engineering, construction and drilling services
BY SU PRI YA SU REN DRAN
KUALA LUMPUR: SapuraKencana
Petroleum Bhd has bagged jobs
consisting of contracts and contract
extensions for engineering, construction and drilling services, with
a combined value of approximately
US$382 million (RM1.58 billion).
In a filing with Bursa Malaysia
yesterday, SapuraKencana said the
contracts were won by its wholly-owned subsidiary companies
and jointly controlled entities within
the group.
Among the contracts won were
by SapuraKencana GE Oil & Gas
Services Sdn Bhd, which is a joint
venture (JV) between SapuraKencana Services Shd Bhd and GE Power
Systems (M) Sdn Bhd.
The JV company was awarded
a contract by Murphy Sarawak Oil
Company Ltd for comprehensive
maintenance of GE Power Systems-supplied turbo-machinery
equipment under a long-term service agreement.
This comprises the provision of
maintenance services for GE Power
Systems-supplied gas turbines and
centrifugal compressors, and carries
a contract period of approximately
10 years.
Similarly, SapuraKencana GE Oil
& Gas Services was also awarded a
contract by Petronas Floating LNG1
(L) Ltd for comprehensive maintenance of GE Power Systems-supplied turbo-machinery equipment
under a long-term service agreement.
This comprises the provision of
maintenance services for GE Power
Systems-supplied aero-derivative
gas turbines, centrifugal compressors, electric generators and electric
motors, and has a contract period
of 10 years, with an option to extend for an additional period of
five years.
As for its drilling services, Sapu-
raKencana’s wholly-owned subsidiary SapuraKencana Drilling Jaya
Ltd has been granted an extension
to its contract with BP Trinidad &
Tobago LLC, for the provision of
its semi-submersible tender assist
drilling rig “SKD Jaya”.
BP Trinidad & Tobago has extended the use of the SKD Jaya for
an additional well in its development drilling campaign offshore
Trinidad and Tobago, and is expected to remain on contract until April.
The contracts are expected to
contribute positively towards the
earnings of SapuraKencana, principally for the financial year ending Jan 31, 2017, and for contracts
extending beyond Jan 31, 2017,
during their respective contract
periods for the financial period(s)
thereafter.
SapuraKencana shares closed the
day up 10 sen or 5.71% at RM1.85
yesterday, with a market capitalisation of RM11.09 billion.
Ringgit is undervalued, says
HSBC Global Asset Management
BY A L EX CHON G
KUALA LUMPUR: Malaysian and
Indonesian bonds are worth a look
due to their undervalued currencies
and improving economic fundamentals, according to HSBC Global
Asset Management.
“In terms of short-term market
performances, both [the] ringgit and
Indonesian rupiah could be affected by the volatility of commodity
prices. However, on a longer-term
basis, we expect some stabilisation
and reversal of underperformance
of the two currencies,” said HSBC
chief investment officer (CIO) of
fixed income for Asia-Pacific Cecilia Chan in a media conference
call yesterday.
“This is because the concerns
about political instability in Malaysia have been reduced and foreign
investors’ interest in Indonesia shall
increase on the back of improvements in its macroeconomic fundamentals,” she added.
“Malaysian bonds and equities
seem to have stabilised at the moment, and we are turning from underweight to slight overweight on
the country, which could offer ‘relative value’ opportunities — attractive
potential returns when compared
to global alternatives with similar
risks — in the near term,” concurred
Chan: On a longer-term basis, we expect
some stabilisation and reversal of
underperformance of the two currencies.
HSBC investment analyst Nilang
Mehta.
“Sector-wise, we are overweight
on utilities as their earnings tend to
be relatively stable and there is an
upside potential in yield. On the
other hand, we are underweight on
the Malaysian banking sector as it
is experiencing a downturn in the
credit cycle, during which non-performing loans and credit costs are
expected to rise,” he said.
Looking ahead, the global macro
environment still remains relatively
positive despite slower economic
growth and potential periodic scares
triggering bouts of stock market volatility, according to Bill Maldonado,
HSBC CIO for Asia-Pacific.
“As such, we continue to favour
equities over safer assets such as
government bonds and cash. Our
clear preference on a sector level is
for cyclical stocks, as they look the
most attractive from a profitability
and valuation perspective; these
stocks have yet to realise their full
potential,” he said.
“Geographically, we are positive
on Asian emerging markets, based
on their stronger fundamentals and
attractive valuations, which have
fallen to levels last seen during the
global financial crisis. Another reason why Asia is a bright spot for
growth is that Asia has generally
benefited from a strong reform agenda, which has tackled a myriad of
issues, such as financial and agricultural reform, improved governance
and labour market improvements,”
he added.
These are especially visible on
the country level, in markets such
as India and China. On China, Maldonado believes that there seems to
be excessive pessimism regarding
China’s outlook, and thinks investors should look past the headlines
and take a balanced approach to
investing in China.
MOST VIEWED STORIES ON
theedgemarkets.com
Iskandar Waterfront reviving IPO
plans — The Wall Street Journal
BY KAMARUL ANWAR
KUALA LUMPUR: Tan Sri Lim
Kang Hoo-controlled Iskandar
Waterfront Holdings Bhd (IWH) is
again ruminating to take its shares
public after shelving the plan indefinitely, according to The Wall
Street Journal (WSJ), citing sources
familiar with the matter.
While the timeline for the initial public offering (IPO) has yet
to be finalised, the sources said
IWH is toying with the idea of a
dual listing in Malaysia and Hong
Kong. The Edge Financial Daily, in
a Jan 18 report on potential IPOs
this year, quoted banking sources
that said the property developer
was possibly looking for a listing
this year.
The WSJ report said IWH’s IPO
is looking to raise US$300 million
(RM1.24 billion), the same figure
bandied about for years in the media. If successful, the funds from
the IPO would be used to partly
finance development of a waterfront area that faces Singapore
and includes apartments, malls
and a marina, the report added.
Lim’s secretary said IWH declined to comment on the IPO
plans, according to WSJ.
Based in Johor, IWH is a 40:60
public-private partnership between state government unit
Kumpulan Prasarana Rakyat Johor Sdn Bhd and Lim’s Credence
Resources Sdn Bhd. Khazanah
Nasional Bhd, said IWH, is also
the group’s strategic partner by
way of an indirect minority stake
in IWH’s subsidiary Iskandar Waterfront Sdn Bhd.
IWH had initially targeted for
a listing by the end of 2013 or the
following year, during the height
of the boom period in Iskandar
Malaysia’s developments.
However, the plan was put on
hold because of slowdown in the
Malaysia’s property market and
the implementation of the government’s cooling measures to
contain property prices that were
spiralling up, with the real property gains tax and doubling of foreign buyers’ minimum purchase
prices, said WSJ.
Raya International plans to
diversify into oil business
BY TA N S IE W MUN G
KUALA LUMPUR: Raya International Bhd, which is involved
in the distribution of water filter
components and the trading of
fast-moving consumer goods, plans
to diversify its principal activities
to include oil bunkering and the
trading of oil-related products.
The group is also proposing a
special bumiputera-issue shares
of up to 20.50 million, representing
approximately 12.5% of its issued
and paid-up share capital, to bumiputera investors to be identified
later, to raise gross proceeds of up
to RM4.51 million at an indicative
price of 22 sen per share.
In a filing with Bursa Malaysia,
the group said it had not been
manufacturing its water and air
filter products since early 2014
as they are not cost competitive
against other cheaper and imported products.
It added that the group incorporated Selatan Bunker (M) Sdn
Bhd in September 2015 to initiate
the diversification. Selatan Bunker is also in the midst of applying
for the necessary licensing for oil
bunkering and trading activities.
As for the bumiputera issuance, it is to meet its bumiputera
equity requirement, it added.
Raya International closed one
sen higher at 27 sen yesterday,
with a market capitalisation of
RM38.73 million.
Acoustech’s ED Leong emerges
as its largest shareholder
BY S UPR IYA S UR E N D R A N
KUALA LUMPUR: Acoustech
Bhd’s executive director (ED) Leong Ngai Seng, 43, has emerged
as its largest shareholder after
purchasing 28.15 million shares,
representing a 16.8% stake in the
company, last Friday.
On the same day, Acoustech’s
former non-independent non-executive director and major shareholder Shih Chao Yuan exited the
group, after disposing of 46.44 million shares or a 27.8% stake in the
company, held through Formosa
Prosonic Manufacturing Sdn Bhd.
In a bourse filing yesterday,
it was revealed that Leong and
Toh Kie Ho, 39, purchased 25.77
million Acoustech shares, representing a 15.4% stake, through
their vehicle ACTE Properties Sdn
Bhd, last Friday.
Leong also purchased a further
2.38 million or 1.4% of Acoustech
shares via Adscore Sdn Bhd on
the same day, bringing his total
purchase to 28.15 million shares
or a 16.8% stake. He also has a
direct shareholding of 4.81 million shares or 2.87% stake in the
company.
Acoustech had previously expressed its interest in expanding
into the industrial property development segment to cushion
any adverse effect from its core
business, which is audio equipment manufacturing.
Acoustech shares were down
1.5 sen or 2.21% at 66.5 sen yesterday, with a market capitalisation
of RM112.82 million.
6 HOME BUSINESS
MKH takes part in
redevelopment of
Pekeliling flats
Deal expected to contribute positively to future earnings
NATIONAL HOUSE BUYERS ASSOCIATION
BY MEENA L A KSHANA
KUALA LUMPUR: MKH Bhd’s indirect subsidiary Amona Metro
Development Sdn Bhd plans to
acquire a 84% stake in Temara
Pekeliling Sdn Bhd, the owner of
a 1.5-acre (0.61ha) leasehold plot
in Jalan Tun Razak, part of where
the Pekeliling flats used to stand,
for RM5 million.
Amona Metro Development a
subsidiary of Gabung Wajib Sdn
Bhd, which in turn is a subsidiary
of MKH. In a bourse filing, MKH
said Amona Metro Development
had entered into a master share
sale agreement with Amona Land
Sdn Bhd, Che Hasnadi Bin Che
Hassan and Temara Pekeliling
Sdn Bhd to pave the way for the
acquisition.
Amona Land holds a 90% stake
in Temara Pekeliling, while Che
Hasnadi holds the remaining 10%.
Temara Pekeliling’s 1.5-acre tract
has a 99-year lease that will expire
on Dec 27, 2084.
According to the bourse filing,
the land is located to the west
of the Jalan Pahang roundabout,
and is near the Putra World Trade
Centre, the Malaysian Medical Association, the Institute of Medical
Research and the National University of Malaysia Kuala Lumpur
Campus.
It is also served by the Titiwangsa monorail station and Titiwangsa
RapidKL LRT station.
MKH said Amona Metro Development had paid the RM5 million
to the vendors through internally
Temara Pekeliling’s
1.5-acre tract has a
99-year lease that will
expire on Dec 27, 2084.
Built in 1969 under the First Malaysia
Plan for the low-income group, the
Pekeliling blocks have since been
demolished to make way for new
developments.
generated funds, and that the purchase consideration was arrived at
based on the gross development
value (GDV) and valuation of the
land, MKH said.
The GDV of the land is approximately RM380 million; a valuation by Rahim & Co Chartered
Surveyors Sdn Bhd on Feb 27,
2015 pegs the value of the land
at RM78.4 million.
MKH also said Amona Metro Development and MKH will
assume liabilities arising from
the commodity murabahah (trust
sale) term financing-i facility of
RM50 million granted by RHB Islamic Bank Bhd to Temara Pekeliling by offering a corporate guarantee of RM50 million in favour of
the bank to secure the repayment
of the murabahah facility from
Temara Pekeliling, together with
profit and other monies payable
thereon, to part finance the land
purchase.
MKH said the acquisition is
in line with the group’s strategy to acquire land or companies
which own strategically located
land banks for the group’s future
property development projects.
The deal is expected to contribute positively to future earnings
of the group.
It should be noted that property developer Mah Sing Group Bhd
in August 2011 secured the development rights for a 4.08-acre plot
in the same area, which formerly
housed the Pekeliling flats.
Mah Sing said its wholly-owned
subsidiary Grand Pavilion Development Sdn Bhd had entered into
a joint-venture agreement with
privately-held Asie Sdn Bhd and
its unit Usaha Nusantara Sdn Bhd
to undertake a niche development
named M Sentral on the land. The
development carried a potential
GDV of RM900 million.
Built in 1969 under the First
Malaysia Plan for the low-income
group, the Pekeliling blocks have
since been demolished to make
way for new developments.
MKH closed five sen or 2.36%
higher at RM2.17 yesterday, valuing it at RM910.15 million.
‘Kepong incinerator award to be
announced by mid-2016’
BUKIT TAGAR, Selangor: Putrajaya
is expected to announce the award
of the planned incinerator project
in Taman Beringin, Kepong, which
was previously estimated to cost
some RM800 million, by mid-2016,
said Urban Wellbeing, Housing and
Local Government Minister Datuk
Abdul Rahman Dahlan.
“The tendering process is ongoing. The incinerator is expected to
start operating by 2020,” he the told
reporters, adding that the planned
incinerator will be handling 1,000
tonnes of solid waste from the Kuala
Lumpur City Hall (DBKL).
The Edge Financial Daily on Sept
22, 2014 reported that UEM Environment Sdn Bhd, DRB-Hicom
Bhd, Malaysian Resources Corp
Bhd and Puncak Niaga Holdings
Bhd had been shortlisted to bid
for the controversial 1,000-tonne
per day incinerator project.
Yesterday, Abdul Rahman said
his ministry does not know the
amount of the tipping fee that will
be charged nor the building costs
involved, though he assured that
the government would not need
to fork out any capital expenditure
for the project.
Abdul Rahman also stressed that
the government had yet to make a
final decision on the award and that
it still had the option of scrapping
the project if it is not viable.
He was speaking to reporters
during a visit to KUB-Berjaya Enviro Sdn Bhd’s (KBE) sanitary landfill
in Bukit Tagar, yesterday.
If the planned incinerator materialises, KBE’s landfill business will
co-exist with it, said Berjaya Corp
group of companies founder Tan Sri
Vincent Tan, who was also present
during the visit. In the mean time,
he will try to persuade the government that the sanitary landfill is a
cheaper and better way to handle
solid waste.
“We try to co-exist. At the same
time, I will try to persuade the minister not to do it (the incinerator
project),” he said.
Tan, however, did not comment
on whether he is concerned that
the proposed incinerator project
will affect KBE’s revenue. KBE is a
60:40 joint venture between Berjaya
Corp Bhd and Umno-linked KUB
Malaysia Bhd.
Meanwhile, on whether KBE
plans to float its shares on Bursa
Malaysia, the company said it does
not rule out the option, but much
depends on the need and timing.
For now, it will have to look for more
contracts first, KBE managing director Chock Eng Tah told The Edge
Financial Daily during the visit.
He said the Klang valley produces some 5,000 tonnes of solid
waste daily, but a chunk of it is sent
to Jeram landfill and other landfills,
which are operated by the Selangor
state’s subsidiaries.
The Bukit Tagar sanitary landfill,
of which KBE is the operator and
developer, is currently handling a
combined 2,500 to 2,800 tonnes of
waste per day sent by DBKL and
the Selayang Municipal Council.
KBE currently charges the government a tipping fee of RM49 —
excluding transport costs — for
every tonne of municipal solid
waste received.
Chock noted that there may be
risks of losing revenue, with the
state government’s aggressive recycling campaign and the proposed
incinerator in Kepong. In fact, in
September 2014, Chock had speculated that the company stood to lose
about 40% of its waste volume if the
planned incinerator materialised.
As such, the company will be
investing some RM15 million for
its recycling plant to diversify its
income stream, he said yesterday.
The Bukit Tagar sanitary landfill can handle up to 120 million
tonnes of municipal solid waste
over 50 years. Located 50km north
of Kuala Lumpur, KBE has allocated
700 acres of land there to dispose of
solid waste over 17 phases, spanning 30 years, which would cost
about RM1 billion.
Chock added that KBE had started the earthwork for phase 3 of
the landfill, which would cost the
company some RM50 million. The
landfill cells are expected to be
completed in 18 months.
to support the effective implementation of the TPP to create a more
robust environment in which both
the US and Malaysian businesses can
tap into the opportunities provided
for under the agreement.
PKR-backed Institut Rakyat, however, said there remains a need for
proper assessment on the social and
economic impacts of the TPP.
Its executive director Yin Shao
Loong said existing cost-benefit
analyses (CBAs) did not have access to the final text, while studies
available showed there is a clear
lack of consensus on its economic
impacts.
The CBAs have also failed to explore the geopolitical impact of the
wide-sweeping agreement, particularly scenarios resulting from regional polarisation between the US and
China, he said.
It should be noted that full implementation of the TPP requires 24
amendments to16 Malaysian laws,
with no indication on the ramifications of such reforms in the laws,
Yin added.
A week prior to the TPP debate in
Parliament last month, various Malaysian trade organisations expressed
their support for Malaysia joining the
TPP, saying the country stands to lose
out to other competitive emerging
economies if it fails to do so.
However, some economists have
criticised the deal, as they believe the
participating countries will see a loss
in employment with a lower labour
share of the national income, while
some member countries will chart
net losses in gross domestic product
once the TPP is enforced.
BY Y IMIE YO N G
Malaysia signs TPP agreement
BY MEENA L A KSHANA
KUALA LUMPUR: Malaysia and
11 other countries have signed the
controversial Trans Pacific Partnership (TPP) agreement in Auckland,
New Zealand yesterday. The country is now just two years away from
ratifying the agreement.
Bernama reported that Malaysia’s International Trade and Industry Minister Datuk Seri Mustapa
Mohamed signed the TPP agreement on behalf of the country. The
11 other participating countries in
the TPP are: New Zealand, Australia, Chile, Mexico, Japan, Peru,
Canada, Vietnam, the United States,
Singapore and Brunei.
The benchmark FBM KLCI rose
23.47 points or 1.44% to close at
1,656.77 points yesterday following
the news, though market observers said the advent is more due to
the US Dow Jones Industrial Average’s strong overnight close on
expectations that the US Federal
Reserve will not be hiking interest
rates this year, and as oil held most
of the previous day’s gains.
This is because the market has
already factored in the TPP agreement, which it views positively, according to Hong Leong Investment
Bank economist Sia Ket Ee.
“So far, within the investment
community, the view is it (TPP
agreement) is positive,” he said
when contacted yesterday.
“We know that eventually some
of the industries are open to more
opportunities, especially those
markets where we don’t have any
presence, such as the US and Latin
America. So in that sense, markets
should already have priced it (TPP
agreement) in,” he added.
The American Malaysian Chamber of Commerce (Amcham Malaysia) applauded the signing of
the trade deal.
Amcham Malaysia president
Sanjeev Nanavati said it marks a significant milestone for all 12 countries which have “demonstrated
leadership in free trade promotion,
market access, and setting high
standards to address 21st century
trade challenges.”
See related story on Page 19
Amcham Malaysia executive director Siobhan Das said the chamber will be working closely with its
members and various stakeholders
HOME BUSINESS 7
Astro wins BPL
broadcast rights
For another three years until the 2018/19 season
BY KAMARUL ANWAR
KUALA LUMPUR: Astro Malaysia
Holdings Bhd has extended its deal
to be the Malaysian broadcaster of
Barclays Premiere League (BPL)
for another three years until the
2018/19 season.
The development was not a surprise, given the pay television group’s
financial muscle and it being the exclusive broadcaster for English football since 1997. But the renewal could
not have come at a more inopportune
period, when many major sporting
events are happening while the ringgit has fallen 16.36% in a year. Both
would raise the group’s content costs.
Astro chief operating officer Henry Tan said in a statement that this
year, sports fans can look forward to
live sports events such as the Uefa
Euro 2016, Rio 2016 Olympics, and
Thomas & Uber Cup 2016. All these
will be available on Astro’s linear pay
television service and mobile viewing
service Astro on the Go.
With the weakened ringgit and
heavy sports content in its financial
year ending Jan 31, 2017 (FY17), Tan
had told The Edge weekly that the
quantum of content cost to its total
television revenue this year will rise
to 37%, instead of the usual range of
32% to 35%.
Sources familiar with Astro said
FY17’s content cost will be around
RM1.9 billion, a RM200 million increase from the year before.
In a research note dated Feb 3,
PublicInvest Research analyst Sharifah Hidayatul Akmal said Astro had
fully hedged and swapped its US dollar-denominated loans. She added
that while Astro’s satellite broadcast
exclusive rights will expire on Feb
28, 2017, she does not foresee any
significant change in Astro’s operations due to high-entry cost barriers
for newcomers and Astro’s strong
content offerings.
She also mentioned that Astro
is targeting an average revenue per
user (ARPU) of RM100 to RM101 in
FY17, where it will rely on upselling
“value-added products and potential
rationalisation of its packages and
pricings” to subscribers.
So far in FY16, Astro’s ARPU has
been stuck at the RM99-level, which
is not a surprise given the current
economic slowdown. Based on PublicInvest’s estimate of ARPU of RM100
to RM101 for FY17 increase, at best,
would be at only 1.02% from the third
quarter of FY16’s ARPU of RM99.30.
The ARPU increase could come
inorganically, as Kenanga Investment
Bank Bhd analyst Cheow Ming Liang
said in a Jan
n 27 note that Astro may
have to revise
vise its subscription fee
to contend
d with rising
content cost.
st.
“Although
ugh the
Tan had told The
Edge weekly that
the quantum of
content cost to its total
television revenue this
year will rise to 37%,
instead of the usual range
of 32% to 35%. Photo
by Haris Hassan
potential rate hike could lead to
higher churn temporarily, [the management of] Astro believes the rate
would eventually normalise at 10%,”
he added.
While PublicInvest Research
maintained its “outperform” rating
on Astro, the research outfit lowered
its target price by 33 sen or 9.62% to
RM3.10. Sharifah said the adjustment
was made after taking into account the
higher cost, estimated contribution of
RM350 million from Astro’s shopping
network Go Shop, and flat net add
growth from pay television segment.
“Our earnings forecasts are correspondingly revised by 15.3% lower to
0.4% higher for FY17F (FY17 forecast)
to FY25F [respectively]. Arising from
these changes in estimation and assumptions, our target price is lowered
to RM3.10 [from RM3.43 previously]
premised on discounted cash flowbased valuation,” she explained.
If PublicInvest Research’s target
price is anything to go by, this could
mean an upside potential of nearly
17% to yes
yesterday’s close of RM2.65.
Kenanga, which also gave an “outperform” rating, set a target price
of RM2.93
RM2.93.
Astro’s share price has been on
a declining
declinin trend since April 2014,
falling fro
from a peak of RM3.44 to an
all-time low
lo of RM2.43 in January.
Astro, b
being an FBM KLCI constituent stock, has been losing
foreign sh
shareholders. Bloomberg
data sshowed its shareholders
from Malaysia increased to
fro
444.31%, from 35.5% at this
time last year.
MAS, AirAsia succeed in setting
aside MyCC’s RM10m fine
BY GHO C H EE Y UA N
KUALA LUMPUR: AirAsia Bhd and
Malaysia Airlines Bhd yesterday won
their appeal against the RM10 million
fine, which was imposed on each
of the companies by the Malaysia
Competition Commission (MyCC).
The Competition Appeal Tribunal,
headed by High Court Justice Datuk
Hasnah Mohamed Hashim, said the
five-member panel has unanimously agreed to set aside the fine on the
two airlines.
“We unanimously decided that
the fine be refunded and the initial
decision by the commission be set
aside,” Hasnah said in delivering
the decision.
“The grounds of the ruling would
be elaborated in a written judgement
that will be released at a later date,”
she added.
Other tribunal members included
Tan Sri Lin See Yan, Tan Sri Haidar
Mohamed Nor, Tan Sri Sulaiman
Mahbon and Dr Wan Liza Md Amin@
Fahmy.
Speaking to reporters outside the
court, AirAsia legal council Amir
Faezal Zakaria said the decision is
good for the aviation industry as a
whole.
“The competition tribunal has
reached a right decision today (yesterday) and it is a right decision for
the industry as well.
“There are many collaborations
and alliances in the airlines that take
place all the time. These alliances
and collaborations would get consent from the relevant regulators,
and the tribunal has recognised this,”
he added.
Meanwhile, MyCC spokesman
said they will study the judgement
and consider their options thereafter.
Logan Sabapathy acted as lead
counsel for Malaysia Airlines, while
Leonard Yeoh was the lead counsel
for AirAsia. Nahendran Navaratnam
acted on behalf of the MyCC.
The MyCC on Sept 6, 2013, found
Malaysia Airlines and AirAsia guilty
of anti-competition practices under
Section 4(2)(b) of the Competition Act
2010, when the two airlines entered
into a share-swap agreement in 2011,
which was subsequently called off
by Khazanah Nasional Bhd in 2012.
It also slapped the RM10 million
fine on each of the airlines, which
led to the appeal.
The MyCC was established in 2011
with the express purpose of enforcing the Competition Act, and aims
to ensure free and fair competition
in commercial markets for the benefit of consumer welfare, efficiency
of enterprises and the development
of the economy as a whole.
AirAsia shares rose two sen or
1.45% to close at RM1.40 yesterday,
with a market capitalisation of RM3.9
billion.
NEWS IN BRIEF
Axiata estimates additional RM1b
to RM2b capex for Celcom
BY KAMARUL ANWAR
KUALA LUMPUR: Axiata Group
Bhd has estimated that RM1 billion to RM2 billion in terms of
its 10-year net present value of
additional capital expenditure
(capex) is needed for sites and
equipment for its Malaysian unit
Celcom Axiata Bhd.
In a filing with Bursa Malaysia
yesterday, Axiata said the additional expenditure is to achieve
its long-term plan on network
quality and coverage due to the
loss of seven megahertz (MHz)
of the 900MHz spectrum band
and 5MHz under the 1,800MHz
spectrum band. But the cost is
only a preliminary estimate.
“Depending on the timing and
the amount of long-term evolution spectrum Celcom hopes to
obtain in the future, especially
in the 700MHz spectrum band,
these estimates could be lower,”
it said in the bourse filing.
It also referred to The Edge Financial Daily’s article “Spectrum
reallocation to change telcos’
dynamics” yesterday, and clarified that it has not received any
information on spectrum fee or
pricing at the moment.
On Wednesday, Axiata announced that Celcom had received notice from the Malaysian
Communications and Multimedia Communication (MCMC)
that its spectrum allocation will
be lowered to 2x10MHz in the
900MHz band (from 2x17MHz)
and 2x20MHz in the 1,800MHz
band (from 2x25MHz) by 2017.
The MCMC is reallocating
Malaysia’s telecommunications
spectra as part of the government’s effort to optimise its revenue from the resource.
Currently, spectra of the
900MHz and 1,800MHz bands
are occupied by the “Big Three”
listed telcos, namely Axiata, DiGi.
Com Bhd and Maxis Bhd. But
starting next year, U Mobile Sdn
Bhd will also be allocated spectrum in those bands as part of
the reallocation exercise.
Lay Hong acquires Thai unit to
expand its export market
BY A H MA D N AQ IB ID R IS
KUALA LUMPUR: Lay Hong Bhd
announced that it had signed a
share sale agreement (SSA) with
O&C Resources Bhd, Ong Kah
Hoe, Yong Mong Huay and Su
Seong Yeen to acquire the entire
share base of Takaso SC (Thailand) Ltd for RM8.5 million.
In a bourse filing, Lay Hong
said the acquisition is part of its
strategy to expand its chicken
processing and food processing
business overseas and further
expand its export market.
The company said the local
market is already saturated with
chicken-based products, thus
making it challenging to further
expand in Malaysia.
“Being located in Thailand
allows us to venture into new
possibilities of exporting to countries such as Japan and Europe
as Thailand is considered an approved country to export to the
mentioned countries. This acquisition also will open up possibilities of backward integration
into broiler farming integration
as one business unit by itself,”
said the company.
It expects the acquisition to be
completed within seven months
from the date of the SSA. The acquisition is not expected to have
any material impact on its net
assets and gearing for the current financial year ending March
31, 2016.
Lay Hong shares fell four sen
or 0.42% to RM9.38, with a market
capitalisation of RM541.7 million.
AmProp’s 3Q net profit falls
9.4% to RM5.33 million
BY G H O C H E E Y UA N
KUALA LUMPUR: Amcorp Properties Bhd’s (AmProp) net profit for
the third quarter ended Dec 31, 2015
(3QFY16) fell 9.4% to RM5.33 million
or 0.9 sen per share from RM5.88
million or 0.99 sen a year earlier.
The lower profit could be due
to higher cost of sales, which increased to RM32.25 million in
3QFY16 versus RM24.97 million
a year ago, according to its filing
with Bursa Malaysia yesterday.
Revenue for 3QFY16, however,
surged 17.7% to RM46.64 million
from RM39.64 million, of which
Malaysian property projects contributed RM21.8 million, while the
renewable energy and contracting
division contributed RM24.8 million.
No dividend was declared for
the quarter.
“Revenue from Malaysian
properties was derived from
Sibujaya township in East Malaysia of RM19.2 million and
rental income from investment
properties of RM2.6 million,”
said AmProp.
“The renewable energy and
contracting division revenue was
derived from transmission works
and commissioning contracts of
RM20.2 million, coupled with power generation from both mini-hydro and solar projects of RM4.6
million,” it added.
Moving forward, the group expects an improved performance in
the current FY16 ending March 31,
compared with FY15.
AmProp shares closed one sen
or 1.2% higher at 85 sen, with a
market capitalisation of RM490.48
million.
8 HOME BUSINESS
Maxis’ 4Q net profit rises
38%, pays 5 sen dividend
Full-year earnings improve 1.22% to RM1.74 billion
BY B I L LY TOH
KUALA LUMPUR: Maxis Bhd’s net
profit rose 38% to RM468 million
in its fourth quarter ended Dec
31, 2015 (4QFY15) or 6.2 sen per
share from RM339 million or 4.5
sen per share a year earlier, as service revenue grew.
Its revenue for the period was up
2.5% at RM2.18 billion from RM2.12
billion in 4QFY14, according to its
bourse filing yesterday. It also declared an interim tax-free dividend of
five sen per share for the quarter —
payable on March 25 — bringing its
full-year payout to 20 sen per share.
Its filing also showed a 15.4%
decline in administrative expenses, network operation costs and
other expenses to RM738 million
in 4QFY15 compared with RM872
million in 4QFY14, with a large portion of the decrease coming from
its network operation cost.
In a separate statement, Maxis
said its service revenue had grown
by 3.2% to RM2.16 billion in 4QFY15
from RM2.09 billion in 4QFY14, despite the price-focused competition.
Maxis chief executive officer
Morten Lundal said he was “truly
positive [as] to what lies ahead”,
because the company had built a
strong foundation to grow further.
“2015 was a winning year for Maxis. We grew both in revenues and
profits, year-on-year, and won market shares. Performance was driven
by high growth in prepaid and also
very strong post-paid,” Lundal shared
in a YouTube video on the highlights
of the group’s performance.
Maxis’ full-year 2015 net profit
increased 1.22% to RM1.739 billion
or 23.2 sen per share from RM1.718
billion or 22.9 sen per share, while
revenue was higher at RM8.6 billion
versus RM8.39 billion. Its service
revenue, meanwhile, grew 3.8% to
Maxis’ quarterly net profit
RM mil
500
400
410
441
468
420
339
300
200
100
0
4Q
4Q
1Q
2Q
3Q
FY14 FY15 FY15 FY15 FY15
RM8.54 billion in 2015 from RM8.23
billion a year ago, driven by solid
prepaid and improved core postpaid performance.
Its prepaid revenue grew 6.2%
y-o-y to RM4.18 billion from
RM3.94 billion on the back of rising data usage and bigger share in
the migrant segment; core postpaid revenue also grew 2.7% to
RM3.66 billion from RM3.56 billion, due to strong adoption of
the MaxisONE plan.
Maxis’ modernised network now
covers nearly 90% of the population,
while its 4G LTE network has more
than doubled to 71% of population
coverage. It has also modernised
its retail stores across 170 locations
nationwide.
On FY16 prospects, Maxis said
it will stay focused on maintaining
its strong market position in an increasingly competitive and challenging economic environment.
“Consequently, for the financial year ending Dec 31, 2016, we
expect service revenue, absolute
Ebitda (earnings before interest,
taxes, depreciation and amortisation) and base capital expenditure
at similar levels to financial year
2015,” its filing read.
Rubber producers cut exports to rescue prices
JAKARTA/BANGKOK: Asia's top
rubber producers have agreed to
cut exports by 615,000 tonnes for
six months from March, moving to
lift prices that have tumbled amid
excess supply to their lowest since
the global financial crisis.
Farmers and traders were not
impressed, however, saying the
cuts — which account for nearly
6% of global natural rubber output — were too small to have a
lasting impact.
Still, benchmark rubber futures
in Singapore and Japan rallied 2% to
3% on the news, having last month
sunk to their lowest levels since
end-2008 to early 2009.
Thailand, Indonesia and Malay-
sia, which produce nearly 70% of
the world's natural rubber, said in a
joint statement yesterday their move
would address a decline in rubber
prices that has had “a direct effect on
the income of rubber smallholders
in our three countries.”
Thailand will cut exports by
324,000 tonnes, Indonesia by
238,740 tonnes and Malaysia by
52,260 tonnes, according to the
International Tripartite Rubber
Council (ITRC), which groups the
three producers.
“The three countries’ ministers
believe that cutting exports and
boosting domestic use of rubber
will drive up prices and fix the price
slump, making prices fair for rub-
ber farmers,” Thailand’s agriculture
ministry said in a statement.
Farmers in Thailand, the world's
biggest rubber producer and exporter, said the volume cut was
“too little”.
“In order for export cuts to have
any impact on global prices the
cut has to be at least one million
tonnes,” Saksarit Sriprasart, a leader
of smallholder rubber farmers in
Thailand’s southern Trang province, told Reuters.
Previous efforts to curb supply,
though, have lifted prices only temporarily. In 2014, the ITRC members
also agreed to export cuts, and before that, they collectively cut shipments by 300,000 tonnes in 2012 and
2013, or 3% of 2012 global output.
Yesterday, besides cutting exports, the three countries also
agreed to increase domestic consumption of rubber, including for
road and railway construction.
“We are optimistic about joint
implementation of these measures,
rubber prices will recover and continue to be fair and remunerative to
all smallholders and other stakeholders in the natural rubber industry,” the ITRC said in the statement.
In Vietnam, another major rubber grower, farmers have limited annual output to one million tonnes
from 1.1 million to 1.2 million tonnes
in response to falling prices, said an
industry official there. — Reuters
EPF to sell its
stake in British
American
Tobacco
KUALA LUMPUR: The Employees
Provident Fund (EPF) plans to dispose of its stake in British American Tobacco at the right price, its
deputy chief executive officer (investment) Datuk Mohamad Nasir
Ab Latif said yesterday.
The fund has a 6.7% direct stake
in the tobacco firm and owns 0.7%
via an external fund manager.
“[The] EPF has historically never
invested in gambling stocks or alcohol stocks. In fact, we no longer
invest in tobacco stocks. We kept
what we had [invested in the past]
and at the right time we will exit
[from] it.
“When we feel that the stock has
reached its full potential and the
price is right, we will exit (sell),”
he told a media briefing.
On the disposal of assets in the
United Kingdom (UK), he said the
retirement fund, which still owns
office buildings in London, has
found a suitor for the assets. “We
are getting good rental income
from the properties. But of course,
if somebody comes and makes us
an irresistible offer (price), I am
going to take it and invest the proceeds somewhere else,” he said.
Last year, the EPF sold the One
Sheldon Square office building in
London for RM1.14 billion. Besides office buildings in London, it
also owns 12 hospitals that spread
around the UK, purchased in 2013.
Its investment is spread over 30
countries.
Meanwhile, the EPF will declare
a respectable dividend for 2015,
said Mohamad Nasir, adding that
the announcement will be made
after the Chinese New Year.
The EPF declared a higher dividend of 6.75% for 2014 against
6.35% for 2013.
On another matter, Mohamad
Nasir said the EPF is set to launch
its pioneer, fully syariah-compliant fund in January 2017 as an
option for contributors interested
in converting their savings to full
syariah-compliant status.
The initial fund size will be between RM100 billion and RM120
billion, he said. — Bernama
Mega First's mid-term prospects looking ‘very well’, says chairman
BY C H ESTER TAY
KUALA LUMPUR: Mega First Corp
Bhd is expecting its mid-term prospects to turn out “very well”, in conjunction with the completion of the
group's US$500 million (RM2.07
billion) Don Sahong 260MW hydropower plant in Laos, according to
executive chairman Goh Nan Kioh.
“We will try to do our best in
the short term. But in the medium term, it will [turn out to] be
very well,” he told reporters after
the group's extraordinary general
meeting (EGM) yesterday.
The Don Sahong project, in which
Mega First has an 80% stake, is a 25year concession that Goh expects to
begin operating by end 2019.
In an interview with The Edge
weekly last month, Mega First said
the project would generate about
90% yield, or about 2,000GW hours
per year. The concession has a tariff rate of 6.15 sen per kWh, which
generates around RM120 million in
annual revenue for the group.
At the EGM earlier, Mega First's
shareholders have voted in favour
of a proposed three-for-five rights
issue to raise up to RM250 million,
from which RM150 million is expected to be used for the hydropower
project. The exercise also includes
the issuance of two free warrants for
every five rights shares subscribed.
Mega First had previously indicated its intention to raise another
US$150 million to finance the pro-
ject, but Goh said yesterday there
was no immediate need to do so,
and that further financing method
would be finalised at a later stage.
Goh also reiterated that the
project would be a key earnings
growth driver for the group in the
medium term, and expects to complete the project at a cost lower
than US$500 million.
Work on the plant, located at
one of the channels in the 10kmwide Mekong River, is already underway, led by China’s Sinohydro
Corp Ltd, which was appointed
by Mega First as the engineering,
procurement, construction, and
commissioning (EPCC) contractor
for US$320 million.
Besides Laos, Mega First is also
involved in power generation in
Zhejiang, China, which produces
steam for industrial consumption.
Its power generation business constituted 74.14% of the group's total
revenue in its nine months ended
Sept 30, 2015 (9MFY15).
For 9MFY15, Mega First's net
profit was RM62.8 million, up 12.9%
from RM55.63 million a year ago,
although revenue fell 16.15% to
RM429.49 million from RM512.19
million in 9MFY14. The earnings
improvement was due to foreign
exchange (forex) gains from its renminbi fixed deposits and translation
of the results of its China operations.
While Goh expects Mega First's
revenue growth to remain flat in
FY16, he believes its bottom line
will continue to grow. “Power tariff has dropped because of lower
commodity prices, so it will affect
our revenue. But the margin is still
there, due to forex,” he said.
The favourable forex rates have
also given the group an advantage in
the export of its quicklime products.
“Quicklime is good business as
the price is stable. We are also expanding our production. We can
produce about 360,000 tonnes annually now. In 2016, we hope to reach
about 400,000 tonnes, and we aim to
have half a million by 2017,” he said.
Quicklime has wide usage, ranging from industrial and construction to water treatment. The business constituted 15.94% of Mega
First's total revenue for 9MFY15.
9
“ Fook”
PROSPERITY
UNITY IS
STRENGTH...
...when there is teamwork and
collaboration, we can overcome
difficult times in the
Year of the Monkey.
10 ST O C KS W I T H M O M E N T U M
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.
CCK CONSOLIDATED HOLDINGS BHD (+ve)
SHARES of CCK Consolidated Holdings (fundamental: 1/3, valuation: 0.8/3) has dropped
0.78% to close at RM1.28. The shares were
relatively high in trading volume at 603,100
shares changed hands compared to its 200days average of 82,040.5 shares.
The share was last featured in “Stocks
With Momentum” on January 21, 2016 and
had risen by 21.9% ever since.
The share was heavily traded even though
there is a lack of any catalyst except for the
CCK CONSOLIDATED HOLDINGS BHD
shares buy back exercise by the company on
January 14, 2016. The group is also expected
to announce their financial fourth quarter
earnings results at the end of this month
after an impressive 67% y-o-y growth in its
third quarter ended Sept 30, 2015 (3QFY15).
CCK is involved in principal activities of
poultry, seafood, agriculture and prawn processing as well as trading. The stock trades at
a trailing P/E of 16.91 times and 1.25 times
book value.
Valuation score*
0.80
1.00
Fundamental score**
16.92
TTM P/E (x)
(5.58)
TTM PEG (x)
1.25
P/NAV (x)
1.55
TTM Dividend yield (%)
200.26
Market capitalisation (mil)
155.24
Shares outstanding (ex-treasury) mil
0.40
Beta
0.72-1.29
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
(ALL FIGURES IN MYR MIL)
Financials
Turnover
EBITDA
Interest expense
Pre-tax profit
Net profit - owners of company
Fixed assets - PPE
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
RATIOS
DPS ($)
Net asset per share ($)
ROE (%)
Turnover growth (%)
Net profit growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
PADINI HOLDINGS BHD (-ve)
PADINI HOLDINGS BHD
SHARES of Padini (fundamental: 2.5/3, valuation: 2.1/3) continued to rise yesterday,
gaining 0.96% to close at RM2.10 after hitting its one-year high of RM2.17 earlier in
the day, despite the absence of new material
announcements. Year-to-date, the stock has
risen a cumulative 12.3%.
Padini is one of the largest home-grown fashion apparel companies in Malaysia, with household brand names such as Padini and Vincci.
For its first quarter ended Sept 30, 2015
(1QFY16), net profit expanded 65.4% y-y to
Financials
Turnover
EBITDA
Interest expense
Pre-tax profit
Fixed assets - PPE
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
PADINI HOLDINGS BHD
RM31.8 million on the back of a 18.9% growth
in revenue to RM269.6 million. The better performance was attributed to the opening of eight
new stores — four each for Padini Concept
Stores (PCS) and Brands Outlet stores — and
better gross margins due to stronger same store
sales growth (23%) for PCS, thanks to improved
pricing and merchandising strategies.
Padini has a history of rewarding shareholders with dividends, with dividends for
FY16 totalling 5 sen, so far. For FY15, dividends amounted to 10 sen, or a yield of 4.8%.
Valuation score*
2.10
2.50
Fundamental score**
14.74
TTM P/E (x)
1.17
TTM PEG (x)
3.22
P/NAV (x)
4.81
1,368.45
657.91
Shares outstanding (ex-treasury) mil
0.67
Beta
1.24-2.10
& profitability
PADINI HOLDINGS BHD
RATIOS
DPS ($)
ROE (%)
Turnover growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
FY13
FY13_1
FY14
FY2015Q3
30/6/2013
31/12/2013
31/12/2014
30/9/2015
418.0
26.9
1.0
16.6
10.8
115.9
151.2
144.1
47.2
33.7
230.8
19.3
1.1
12.4
8.5
122.8
153.1
146.1
51.8
25.8
451.3
28.6
2.0
12.9
8.3
129.9
158.8
152.7
59.2
35.3
135.7
9.3
0.6
5.4
3.9
133.1
166.5
160.1
58.4
41.0
FY13
FY13_1
30/6/2013
31/12/2013
31/12/2014
FY14 ROLLING 12-MTH
0.02
0.93
7.54
(0.00)
(0.00)
2.59
7.18
1.52
23.36
25.92
0.02
0.94
5.89
(44.78)
(20.91)
3.70
5.62
1.38
17.67
18.26
0.02
0.98
5.54
95.53
(3.14)
1.83
5.31
1.31
23.15
14.16
0.02
1.03
7.76
2.57
(3.03)
2.39
7.42
1.37
25.64
9.90
FY13
FY14
FY15
FY2016Q1
30/6/2013
30/6/2014
30/6/2015
30/9/2015
789.8
138.6
2.0
117.7
85.4
88.3
395.7
372.2
36.0
(182.6)
866.3
147.4
2.2
125.7
90.9
108.7
410.1
387.7
52.2
(119.0)
977.9
141.7
2.8
111.8
80.2
123.1
426.1
405.6
39.0
(207.3)
269.6
51.9
0.5
44.3
31.8
117.7
445.1
425.2
47.2
(225.9)
FY13
FY14
30/6/2013
30/6/2014
30/6/2015
FY15 ROLLING 12-MTH
0.08
0.57
24.00
8.77
(10.40)
10.81
22.45
3.54
71.01
0.12
0.59
23.93
9.69
6.46
10.49
22.56
2.83
66.77
0.10
0.62
20.23
12.89
(11.76)
8.20
19.19
2.64
50.37
0.10
0.65
23.33
16.55
12.61
9.09
22.14
2.50
68.78
TADMAX RESOURCES BHD (+ve)
TADMAX RESOURCES BHD
FY12
FY13
FY14
FY2015Q3
TADMAX (fundamental: 2/3, valuation: 0.9/3)
jumped 9.4% in active trade to end the trading
session at 35 sen yesterday. Originally a Sarawak-based timber concessionaire, it has diversified into property development, construction,
industrial supplies and oil palm development.
Tadmax was loss-making in the past five
years and had a high net gearing ratio of 110%
as at end-December 2014. However, it posted
a net profit of RM71.6 million in its second
quarter ended June 30, 2015 (2QFY15) after it disposed of 310 acres of land in Pulau
31/12/2012
31/12/2013
31/12/2014
30/9/2015
Financials
Turnover
EBITDA
Interest expense
Pre-tax profit
Fixed assets - PPE
Total assets
Shareholders' fund
Gross borrowings
Net debt/(cash)
0.5
(10.6)
12.8
(31.4)
(32.9)
85.4
497.1
217.3
216.5
215.8
16.5
(20.6)
12.1
(47.7)
(47.2)
74.1
412.7
176.7
225.1
223.7
22.6
(4.0)
8.7
(15.2)
(15.7)
78.5
296.0
196.9
217.9
215.5
3.4
(1.8)
0.1
(2.8)
(2.8)
79.5
362.6
263.3
(14.2)
Indah, Klang, to a subsidiary of 1Malaysia
Development Bhd for RM294.4 million.
With the bulk of proceeds used to repay
bank borrowings, Tadmax has successfully
de-geared and is now focusing on its property development project in Labuan. For its
3QFY15, it reported a net loss of RM2.8 million due to site progress of the development
works being hampered by the frequent rainfall.
Tadmax is currently in the process of disposing 60 acres of land in Pulau Indah for
RM48.4 million.
Valuation score*
0.90
2.00
Fundamental score**
2.48
TTM P/E (x)
TTM PEG (x)
0.54
P/NAV (x)
142.32
Shares outstanding (ex-treasury) mil 444.76
0.84
Beta
0.26-0.39
& profitability
RATIOS
DPS ($)
ROE (%)
Turnover growth (%)
Net margin (%)
ROA (%)
Current ratio (x)
Gearing (%)
Interest cover (x)
FY12
FY13
31/12/2012
31/12/2013
31/12/2014
FY14 ROLLING 12-MTH
0.60
(14.07)
(1.78)
(6,636.69)
(6.22)
1.63
99.34
(0.83)
0.47
(23.96)
3,229.23
(285.87)
(10.38)
1.30
126.56
(1.71)
0.44
(8.42)
36.80
(69.66)
(4.44)
0.75
109.48
(0.46)
0.59
28.60
(79.56)
851.09
15.88
3.05
(21.16)
11
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12 B R O K E R S’ C A L L / T E C H N I C A L S
A volatile start to February
BY LEE CHENG HOOI
U
S equity markets
ended mixed on
Wednesday as a late
afternoon rally on
energy and financial
stocks led the major
American indices up. The late rally
reversed initial sharp losses after
weaker service sector data was released. The S&P 500 Index rose 9.5
points to 1,912.53, while the Dow
Jones Industrial Average surged
183.12 points to end at 6,336.66.
The FBM KLCI moved in a wider
range of 35.4 points for the week,
with higher volumes of 1.49 billion
to 2.05 billion shares traded. The
index closed at 1,656.77 yesterday,
up 23.47 points from the previous
day, as blue-chip stocks like Genting Bhd, Kuala Lumpur Kepong
Bhd, Petronas Gas Bhd, Petronas
Dagangan Bhd and Sime Darby Bhd
caused the index to rise on obvious
buying activities. The ringgit firmed
against the US dollar at 4.1450, as
Brent crude gained further traction
on buying to US$34.75 (RM144.21)
per barrel.
The index rose on a rally from
a 801.27 low (October 2008) to its
1,896.23 all-time high (July 2014),
and this represented an extended Elliott Wave “flat” rebound in
a “pseudo-bull” rise completed.
The next few months’ index price
movements from July 2014 comprised key swings of 1,671.82 (low),
1,867.53 (high), 1,503.68 (low) and
1,727.41 (high).
The index’s decline from 1,867.53
(April 2015) to 1,503.68 (August
2015) was in a perfect 1.62 ratio
of the initial down-thrust from
the high of 1,896.23 (July 2014)
to the 1,671.82 low (December
2014). The subsequent rebound
from the 1,503.68 low stalled at the
1,727.41 high, which was also a
perfect upward 62% retracement
of the 1,867.53 to 1,503.68 move.
The index’s next two minor
swings comprised a minor low of
1,622.84, which then rebounded
and stalled at a 1,706.25 minor high
on Dec 30, 2015. Its persistent weaker price action last month was in
tandem with the softer tone of global markets, and the index broke the
1,622.84 support to a recent low of
1,600.92 on Jan 21, 2016.
The index’s daily signals are
mixed, with its commodity channel index (CCI), directional movement index (DMI) and moving
average convergence divergence
(MACD) indicators showing positive signals, while the oscillator and stochastic are negative.
As such, the index’s support levels are seen at 1,600, 1,631 and
1,656, while heavy profit-taking
in the resistance areas of 1,660,
1,667 and 1,727 will cap any index
rebound.
The FBM KLCI’s 18-day and 40day simple moving averages (SMAs)
depict an emerging uptrend for its
short-term daily chart. The index’s
price bars are between the 50-day
and 200-day daily SMAs, and this
depicts a neutral phase for the FBM
KLCI in the medium to longer term.
Due to the volatile tone of the
FBM KLCI, we are recommending a
chart “sell” on Evergreen Fibreboard
Bhd. A check on the Bloomberg consensus reveals that three research
houses cover this stock, with two
“buy” calls and a “hold” call.
Evergreen is in the wood building material business. The company manufactures medium-den-
sity fibreboards, knocked-down
wooden furniture and doors. Its
current price-earnings ratio is at a
decent and low 11.1 times, while
its price-booking ratio is at a marginally elevated level of 1.04 times.
Its return on equity stood at 10.1%.
While its revenue has dropped, its
earnings per share increased marginally from 3.1 sen to 3.6 sen from
the second quarter of 2015 (2Q15)
to 3Q15. There was no significant
news on the stock recently.
Evergreen’s chart trend in the
daily time frame is very firmly down.
Its share price has made an obvious
plunge since its major daily Wave5 high of RM1.71 on Jan 11, 2016.
Since that RM1.71 high, Evergreen
fell to its recent low of RM1.24 this
month.
As its share price broke above
its recent key critical support levels
of RM1.44 and RM1.55, look to sell
Evergreen on any rallies to its resistance areas as the moving averages
depict a very firm short- to medi-
um-term downtrend for this stock.
The daily indicators (like the CCI,
DMI, oscillator and MACD) have
issued clear “sell” signals, and now
show firm and obvious indications
of Evergreen’s eventual decline towards lower levels.
It would attract firm selling activities at the resistance levels of
RM1.25, RM1.44 and RM1.55. We
expect Evergreen to witness weak
buying activities at its support levels of RM1.05, RM1.20 and RM1.24.
Its downside targets are located at
RM1, 91 sen and 63 sen.
Lee Cheng Hooi is the regional
chartist at Maybank Kim Eng. The
views expressed in the article are the
opinions of the writer and should
not be construed as investment advice. Please exercise your own judgment or seek professional advice for
your investment decisions. Technical
report appears every Wednesday
and Friday.
FY15 a relatively good year for Westports
Westports Holdings Bhd
(Feb 4, RM3.99)
Maintain hold with a lower target price of RM4: Financial year
2015 (FY15) was a relatively good
year for Westports Holdings Bhd.
Despite global containerised trade
volume growth at just 2% year-onyear (y-o-y), Westports lifted 8%
more volume in FY15, as it gained
market share from other regional ports after the formation of the
Ocean Three (O3) alliance at the
start of 2015.
It secured approval to raise its
gateway tariff by 15% effective last
November. The fall in oil prices
also helped it deliver a 12% rise
in pre-tax profits, although the
expiry of its tax allowance from
end-2014 resulted in a 2.7% fall
in core net profit.
So why is its share price showing signs of tiredness?
Investors have derated the stock
by 8% over the past three months,
as they consider two major issues
that will impact Westports in 2016.
First, gateway volumes have
declined 5% to 6% y-o-y for
two consecutive quarters, with
both import and export cargoes
lower y-o-y, while cargoes to/
from China showed sustained
weakness.
Second, the container shipping
alliance realignment may move
in an unfavourable direction for
Westports, with China Shipping
Container Lines Co Ltd (CSCL)
likely leaving and Neptune Orient
Lines Ltd (NOL) not coming in.
Gateway imports fell in the second half of 2015, due to ringgit
depreciation and weak Malaysian
consumer sentiment, but gateway exports surprisingly also fell,
mainly due to the weaker Chinese
economy.
We were disappointed that
exports did not benefit from the
ringgit weakness. This situation is
likely to continue in 2016, so we
have revised down our gateway
volume forecast for FY16 to a 3%
y-o-y fall from a 3% y-o-y increase
Westports Holdings Bhd
Ltd (Coscon) takes over CSCL, the
latter’s t/s volume could move to
Singapore in 2017, which is Co2014A
2015A
2016F
2017F
2018F
FYE DEC (RM MIL)
scon’s port of choice in Asean. This
Revenue
1,562
1,682
1,946
1,739
1,856
will be compensated by organic
Operating Ebitda
801
874
918
935
1,020
growth from other customers, reNet profit
512.2
504.8
566.6
599.8
559.2 sulting in flat t/s volumes.
0.15
0.15
0.17
0.18
0.16
Core EPS (RM)
We have refl ected the worst24.4
(2.7)
11.4
5.8
(6.8) case scenario for Westports’ t/s
Core EPS growth (%)
25.77
26.48
23.77
22.46
24.09 business, but there is room for
FD core PER (x)
0.11
0.11
0.12
0.13
0.12 upside surprises.
DPS (RM)
CMA CGM SA is pursuing an2.85
2.81
3.16
3.34
3.11
Dividend yield (%)
other partner to replace CSCL in
17.69
16.27
15.80
15.44
13.94
EV/Ebitda (x)
the O3 alliance, and this new part27.97
36.90
23.35
18.17
15.31 ner could bring t/s volumes into
P/FCFE (x)
40.0
39.7
50.6
44.4
32.0 Westports. While CMA CGM will
Net gearing (%)
7.63
7.10
6.60
6.15
5.78 retain a base load of NOL’s volume
P/BV (x)
31.0
27.8
28.8
28.4
24.7 in Singapore, Westports may enjoy
ROE (%)
the lion’s share of future growth of
% change in core
the merged group.
EPS estimates
1.48
9.12
It is not impossible that Co0.93
0.91
0.71
CIMB/consensus EPS (x)
scon-CSCL will also need a twoSource: Company data, CIMB forecasts
hub strategy like CMA CGM-NOL.
With one of the lowest t/s tariffs
previously. We think gateway vol- ports’ total container volume in in Asean, Westports offers carriers
umes should resume single-digit FY15, mostly in trans-shipment an unbeatable value proposition
growth from 2017.
(t/s) boxes.
that speaks for itself. — CIMB ReCSCL contributed 8% of WestAfter Cosco Container Lines Co search, Feb 4
B R O K E R S’ C A L L 13
Public Bank’s
overall results beat
expectations by 9.2%
Public Bank Bhd
(Feb 4, RM18.48)
Reaffirm buy with a target price
(TP) of RM21.80: Public Bank
Bhd (PBB) reported a net profit of
RM5.062 billion (12% year-on-year
[y-o-y]), while normalised net profit stood at RM4.955 billion (9.7%
y-o-y) after excluding a revaluation
gain of RM107 million on an investment property (the new Public
Mutual tower in Jalan Raja Chulan,
Kuala Lumpur).
Overall results beat our expectations by 9.2%, though they were
within street estimates, with key
surprises from a lower credit cost
and higher non-interest income
generation.
Key earnings drivers for 2015
included a robust normalised
non-interest income growth (16.8%
y-o-y) underpinned by unit trust,
fee and foreign exchange income;
a 6.6% growth in fund-based income; and lower impaired loan allowances and impairments (down
43% y-o-y) due to write-back in the
fourth quarter of 2015.
This was, however, mitigated by
higher 2015 operating expenses (12%
y-o-y), though the cost-to-income
ratio (CIR) remains relatively low at
30.5% (2014 CIR: 30%).
Overall, its net interest margin
remains under compression from
2.24% in 2014 to 2.16% in 2015, driven
primarily by the cost of fund pressure
(arising from deposit competition
and expansion in the deposit base).
To counter a potential moderation in earnings driven by a slower
future loan growth (arising from less
aggressive loan approvals), management plans to boost unit trust sales,
sales of structured products and fee
income.
In 2015, PBB continued to see a
robust group loan growth of 11.6%
Total income
Pre-provisioning
profit
Pre-tax profit
Net profit
Core net profit
Core EPS (sen)
Core EPS growth (%)
Core PER (x)
ROE (%)
BV/share
P/BV
DPS (sen)
Dividend yield (%)
Affin/consensus (x)
FYE JUNE (RM MIL)
Revenue
Operating profit
Pre-tax profit
Patami
EPS (sen)
PER (x)
DPS (sen)
Dividend yield (%)
2014A
3,553.9
323.3
382.5
138.1
12.6
7.7
17.8*
18.4
2018F
CAGR (%)
3,739.2 3,807.3 3,908.4 4,118.5
191.3
273.3
306.0 319.6
56.4
284.4
312.5 338.9
46.6
114.1
120.8 133.8
4.3
10.4
11.0
12.2
22.6
9.3
8.8
8.0
26.7*
15.0
4.5
4.5
27.5
15.5
4.6
4.6
2015A
2016F
2017F
3.0
-0.2
-2.4
-0.6
-0.6
-
* Share dividend
Source: Company, PublicInvest Research estimates
Parkson unit weighed down by
headwinds in consumer sentiment
Public Bank Bhd
FYE DEC (RM MIL)
Parkson Holdings Bhd
2014
2015
2016E
2017E
2018E
8,673.4
9,545.8
9,789.7
10,583.8
11,443.9
6,067.5
5,814.3
4,518.8
4,518.8
123.7
6.6
14.9
18.7
7.27
2.5
54.0
2.9
-
6,630.6
6,491.4
5,062.2
4,955.1
128.3
3.7
14.3
17.1
8.09
2.3
56.0
3.0
-
6,840.7
6,401.5
4,724.3
4,724.3
121.7
(5.2)
15.1
14.5
8.76
2.1
57.0
3.1
0.9
7,251.7
6,789.7
5,012.3
5,012.3
129.1
6.1
14.2
14.2
9.48
1.9
59.0
3.2
0.9
7,941.3
7,345.9
5,425.2
5,425.2
139.7
8.2
13.2
14.2
10.29
1.8
62.0
3.4
na
Source: Company, Affin Hwang forecasts, Bloomberg
To counter a potential moderation in earnings driven by the slower future loan growth,
PBB plans to boost unit trust sales, sales of structured products and fee income.
Photo by The Edge
y-o-y (domestic loans: 10.3% y-o-y)
vis-à-vis 10.8% y-o-y in 2014.
We reaffirm our “buy” call on
PBB and a 12-month TP of RM21.80,
based on a 2.5 times price-book
value multiple on a 2016 return
on equity (ROE) of 14.5%. Premium valuations look justified by
above-industry key performance
indicator measures — loan growth,
ROE, CIR and asset quality. — Affin
Hwang Capital, Feb 4
Parkson Holdings Bhd
(Feb 4, 95 sen)
Maintain outperform with a target
price of RM1.48: Parkson Holdings
Bhd’s (PHB) 67.6%-owned subsidiary, Parkson Retail Asia Ltd (PRA),
registered a core net profit of S$2.6
million (RM7.64 million) for the second quarter of financial year 2016
(2QFY16), down 71% year-on-year
(y-o-y).
Cumulatively, its first half of FY16
(1HFY16) core net profit was S$6.36
million, down 62.8% y-o-y, after stripping off gain on a partial stake disposal in Parkson Hanoi (S$46 million).
Although seasonality effects
from end-year holidays and festivities should result in stronger sales
for Parkson, headwinds in consumer sentiment, especially in the Malaysian market, continued to affect
performance.
Hence, PRA’s weak 1HFY16
numbers alone are expected to affect PHB’s overall 1HFY16 performance negatively by about 20%, ceteris paribus. If China records yet
another subdued quarter, adding it
up with the previous quarter’s loss
would mean a hit on PHB’s overall
1HFY16 results.
We keep our estimates under close
review, pending the announcement
of results by PHB’s China arm, as we
look out for changes in China’s consumption pattern.
PRA recorded a 12% y-o-y decline
in 2QFY16 to S$103.5 million, due
to weaker same-store sales growth
(SSSG) in Malaysian (down 7.3%),
Vietnam (down 0.4%) and Myanmar
(down 5.2%) operations.
Only Indonesia showed a positive SSSG of 1.4% as consumer
sentiment remained strong in the
PRA’s weak 1HFY16 numbers alone are
expected to affect PHB’s overall 1HFY16
performance negatively by about 20%,
ceteris paribus. Photo by Kenny Yap
region. Operating expenses reduced
by 8.5% y-o-y and 9.5% y-o-y for
2QFY16 and 1HFY16. Depreciation and amortisation expenses
increased y-o-y by 3% and 3.9% for
2QFY16 and 1HFY16 respectively,
primarily due to an inclusion of new
stores’ depreciation costs.
We view the change in merchandise sales mix as encouraging, with an
improving contribution of direct sales
as opposed to concessionaire sales.
For 1HFY16, direct sales and concessionaire sales represent 19.4%
and 80.6%, from 19.1% and 80.9%
in 1HFY15 respectively.
On the type of products, contributions from the fashion and
apparel segment, and the cosmetic and accessories segment
increased to 82.2% for 1HFY16
(1HFY15: 81.1%).
We view these changes as positive
for Parkson, as these segments command better margins. — PublicInvest
Research, Feb 4
BIMB’s retracement in its share price overdone
BIMB Holdings Bhd
(Feb 4, RM3.31)
Upgrade to trading buy with a target price (TP) of RM4.22: The furore surrounding Lembaga Tabung
Haji’s negative fund reserves has,
in our opinion, raised unfounded
concerns that some of its assets
may be liquidated soon in order
to be able to pay dividends to its
depositors.
We note that the news has arguably led to a 13.6% decline in BIMB
Holdings Bhd’s share price within a
space of two weeks to its three-year
low of RM3.24 on Wednesday.
This was despite a response to
earlier engagements with Bank
Negara Malaysia on appropriate
measures to further strengthen the
Pilgrim Fund Board’s risk management practices.
We opine that the retracement
in its share price was overdone and
not reflective of BIMB’s fundamental value.
Therefore, we expect its share
price to rebound as it has already
been trading at an undemanding
valuation of financial year 2016
(FY16) price-to-book value (PBV)
of only 1.4 times. This also implies
a lower FY16 price-earnings ratio
(PER) of 8.3 times, which appears
cheaper compared with both its
three-year average and median PER
of 13.5 times each.
The group has been efficient in
managing its credit risk, in which BIMB Holdings Bhd
its gross impaired loan ratio remained at 1.14% in the third quarter of FY15. We also believe that the FYE DEC (RM MIL)
group’s risk-weighted capital ade- Total distributable
quacy ratio is still healthy at 13.3%. income
Premise on the above, we main- Total net income
tain our existing financial years’ Net profit
earnings forecasts.
EPS (sen)
With its share price trailing un- EPS growth (%)
derlying its fundamental value, we
advocate investors to take advantage PER (x)
of this knee-jerk price action. Hence, Net dividend (sen)
we upgrade our recommendation Dividend yield (%)
to “trading buy” with an unchanged BVPS (RM)
TP of RM4.22 per share, based on P/BV (x)
its three-year historical median PBV Source: Company, MIDFR
multiple of 1.76 times. — MIDF Research, Feb 4
2013
2014
2015F
2016F
2,795.0
2,022.2
279.3
25.8
9.3
17.6
12.0
2.6
2.60
1.7
2,893.2
2,048.2
532.3
35.6
37.9
11.4
14.7
3.6
1.97
2.1
3,095.7
2,167.0
560.8
36.4
2.0
8.9
15.0
4.6
2.20
1.5
3,237.9
2,266.6
600.1
38.9
7.0
8.3
16.0
4.9
2.40
1.4
14 H O M E
Ahmad Bashah sworn in as
12th menteri besar of Kedah
He hopes to restore solidarity between leaders and people after two-week crisis
ALOR SETAR: Bakar Bata state
assemblyman Datuk Seri Ahmad
Bashah Md Hanipah was sworn
in yesterday as the 12th menteri
besar (MB) of Kedah, taking over
from Datuk Seri Mukhriz Mahathir
who resigned on Wednesday.
Ahmad Bashah, 66, took his oath
of office before three members of
the Kedah Council of Regency
led by its chairman, Tan Sri Tunku Sallehuddin Sultan Badlishah,
at Istana Anak Bukit here.
The two other members of the
council were Tan Sri Tunku Abdul
Hamid Thani Sultan Badlishah and
Tan Sri Tunku Puteri Intan Safinaz
Tuanku Abdul Halim Mu’adzam
Shah.
Also present at the ceremony were Education Minister and
Padang Terap member of parliament (MP) Datuk Seri Mahdzir
Khalid, Deputy Defence Minister
and Kubang Pasu MP Datuk Mohd
Johari Baharum and state executive
councillors —Kedah State Secretary
Datuk Bakar Din and Kedah State
Financial Officer Datuk Sepiah Isa.
Several other Kedah MPs and a
number of state assemblymen also
attended the ceremony. Mukhriz,
who is the state assemblyman for
Ayer Hitam, was not seen at the
event.
Ahmad Bashah, who is deputy
Ahmad Bashah reading the oath of office before being sworn in as the new Kedah MB
yesterday. Photo by Bernama
chairman of the Kedah Umno Liaison Committee, was named as the
MB on Wednesday after Mukhriz
announced his resignation citing
loss of majority support in the state
legislative assembly.
Ahmad Bashah is one of the senior Kedah Umno leaders. He has
been the state assemblyman for
Bakar Bata (previously known as
Alor Merah) for five terms since
1995. He was also a state executive councillor for two terms, from
1999 to 2008. After the 13th general
election in 2013, Ahmad Bashah
was appointed a senator and the
deputy domestic trade, cooperatives and consumerism minister.
On Wednesday, after he was
named as the new MB, he resigned
from the two posts.
Ahmad Bashah is married to Datin Seri Hizam Awang Ahmad and
they have four daughters.
Later, at a press conference, Ahmad Bashah pledged to proceed with
the development projects planned
by Mukhriz so long as they are beneficial for the people. He said there
is no reason for him to discontinue
any beneficial development project.
“If the development project is
sound, we will proceed with the implementation. We have proceeded
with development projects planned
by non-Barisan Nasi[onal] (BN)
assemblymen,” he said.
Ahmad Bashah was speaking to
reporters after attending an investiture in conjunction with the 88th
birthday of the Sultan of Kedah, Sultan Abdul Halim Mu’adzam Shah,
at Istana Anak Bukit here yesterday.
Asked about his plans, Ahmad
Bashah said the most important
thing is to restore solidarity between the leaders and the people
after the two-week political crisis
involving the post of MB.
“We have to move forward to realise the aspirations of the people.
Otherwise, there will be problems
at the administrative level.
“Some people may have been
hurt during the period of the crisis
and we have to heal the wounds,”
he said.
Ahmad Bashah also said that he
would ensure that Kedah remains
under BN rule and continues to
enjoy development for the benefit
of the people.
“These two things are important.
The people must see changes taking place or they will not give us
their support,” he said. — Bernama
‘Worries over Umno’s future in Kedah’
BY SHERI DA N MAHAV ERA
ALOR SETAR: As the curtains came
down on the Kedah menteri besar
(MB) saga on Wednesday, Umno
insiders in the state are worried that
the episode could spell the end of
Barisan Nasional (BN) rule in the
state at the next general election.
They told The Malaysian Insider
that while Umno president Datuk
Seri Najib Razak removed a potential thorn in his side, he had risked
BN’s future in Kedah.
Analysts said Umno would struggle to contain the political fallout,
but said the episode did not automatically benefit opposition parties
as they are still not a united front.
“We have to remember, the people of Kedah have lived under opposition rule before and although
PAS did not do much, no one suffered,” said a Kedah Umno division
veteran of 40 years.
“So Kedah going back to PAS is
a definite possibility,” said the veteran on condition of anonymity.
To most Kedahans, Datuk Seri
Mukhriz Mahathir’s removal is unjustified and it would be difficult for
Umno to convince them otherwise,
said an Umno branch leader.
Mukhriz was not only a popular
MB, he was the reason Kedahans
voted Umno back in 2013, said political scientist Professor Shaharuddin Badaruddin.
He was not involved in any scandals nor did he have any contentious policies.
“If Najib wants to use Mukhriz’s
management of Kedah as a reason
for him to be removed, then why
has [Pahang Menteri Besar Datuk
Seri] Adnan Yaakob not been removed?” asked the branch leader.
Adnan still has his job despite failing to deal with the serious pollution
from bauxite mining that turned rivers and towns red in eastern Pahang.
“There is a big disconnect between what the Kedah Umno warlords want and what the Kedah
public want,” said the branch leader.
“The Kedah public want a clean,
young, dynamic and capable menteri besar. That is what Mukhriz is
to them, but to Kedah Umno, this
is not enough.”
Kamarul Azman Habibur Rahman, a member of the coalition of
Umno branch chiefs critical of Najib, said feedback from state branch
leaders was grim.
“We are going to see Umno loyalists in Kedah retaliate in the next
election. They might not vote for
the opposition, but they won’t go
out to vote for Umno.”
Although Najib can still rely on
the party’s middle management,
the divisions, to back him during
the election, they still depend on
ordinary branch activists to do the
legwork of canvassing for votes.
“Either way, we will see a drop
in people who will vote BN. There
will be more fence-sitters and these
people can go to the opposition,”
said Kamarul Azman, whose movement is known by its Bahasa Malaysia acronym GKCM.
Kedah Umno division leaders
are hoping the two years before the
election and short political memories will be enough to soothe public
discontent.
“But what they don’t realise is
that Umno members do remember,
like in [Datuk Seri] Anwar Ibrahim
and Tengku Razaleigh Hamzah’s
cases. During those crises, Umno
members voted for the opposition,”
said the Kedah Umno veteran.
In the 1990 election, BN lost
Kelantan due to Tengku Razaleigh’s
Semangat 46 splinter party. Then, in
1999, BN lost Terengganu and was
almost dethroned in Kedah due
to Anwar’s reformasi movement.
There is also deep scepticism
that Mukhriz’s replacement, Datuk
Seri Ahmad Bashah Md Hanipah,
could deal with public discontent,
said Shaharuddin of Universiti Selangor.
He said although Ahmad
Bashah led the campaign to oust
Mukhriz, questions remain about
his capability.
“To succeed, [Ahmad] Bashah
has to do even better than Mukhriz.
But will he really be able to change
Kedah in two years?”
The only consolation for BN and
Najib is the fact that opposition
parties are still split, and have not
been able to present a united, alternative front to Kedahans.
PAS is Umno’s chief rival in
Kedah, but it also has a prickly relationship with other opposition
parties.
The opposition has 15 assemblymen in the Kedah legislature. PAS
currently holds eight seats, PKR
four, DAP two and Parti Amanah
Negara one. The opposition needs
at least 19 out of the 36 seats to form
the government.
“The possibility of Kedah going
back to PAS is there, but this also
depends on whether PAS can work
with Pakatan Harapan,” said Shaharuddin. — The Malaysian Insider
I studied at Umno
‘university’,
newly minted
MB tells critics
ALOR SETAR: Unperturbed by
criticism over his lack of tertiary
education, newly minted Kedah
Menteri Besar Datuk Seri Ahmad
Bashah Md Hanipah said he considers Malay ruling party Umno as
his “university”.
He confirmed he had only studied up to secondary school and
said people were using this to attack him.
“My university is Umno because
it educated me and helped me
mature,” Ahmad Bashah told Malay-language daily Berita Harian.
“I lost my father, Md Hanipah S
Alaudin, when I was 22 years old,
and from that moment I had to take
over his responsibilities and be a
‘father’ to my four siblings.
“Alhamdulillah, all my younger
siblings furthered their studies. So,
even though I never stepped foot
into university, that’s okay because
they’re more important to me.”
He said his education qualification would not hamper his ability
to administer Kedah.
“I have experience; others have
expertise. We complement each
other. In Kedah, we have officers
with calibre and, to me, they are
part of my team,” Ahmad Bashah
was quoted as saying.
“It would be impossible for me
to know everything, and the same
goes for them. We work together and form a strong team for the
sake of the state and the people of
Kedah.” — The Malaysian Insider
Bashah a man of
vast experience,
says Zahid
BEIJING: Deputy Prime Minister
Datuk Seri Dr Ahmad Zahid Hamidi yesterday hailed new Kedah
Menteri Besar Datuk Seri Ahmad
Bashah Md Hanipah as an individual with vast experience in politics
as well as the state and federal administrations.
He said Ahmad Bashah, who
was sworn in as the 12th menteri
besar of Kedah in Alor Setar yesterday, had been in politics for more
than 35 years.
“I have known him since 1987
... for over 29 years,” he told Malaysian reporters covering his visit to
China when responding to criticism
against Ahmad Bashah for his lack
of academic qualifications.
“Although his academic qualifications may not be that high, you
must look at the positive values
in him in terms of administrative
experience at the state and federal
levels,” he said.
Ahmad Zahid said Ahmad
Bashah had served as a Kedah state
executive councillor and as the
deputy domestic trade, cooperatives and consumerism minister.
He said the people should give
Ahmad Bashah a chance to prove
his capability in the administration
of Kedah. —Bernama
H O M E 15
Ex-army man gets nine months’ home detention for indecent assault
KUALA LUMPUR: Former second
warrant officer Muhammad Rizalman Ismail has been sentenced to
nine months’ home detention in
New Zealand after he was found
guilty of indecently assaulting Wellington woman Tania Billingsley at
her home on May 9, 2014.
The decision was made by the
Wellington High Court after hearing
submissions from defence lawyer
Dr Donald Stevens, QC, and Crown
prosecutor Grant Burston, reported NZ Herald on its online news
portal, nzherald.co.nz, yesterday.
The Crown accepted that Rizalman was eligible for home detention.
Justice David Collins in delivering his decision was reported
telling Muhammad Rizalman that
he had “terrorised Ms Billingsley.
She was a young woman, alone in
her room, who was entitled to feel
safe and secure in her bedroom”.
“I’ve carefully read Ms Billingsley’s victim impact statement.
Plainly your actions terrified her,”
he said.
Justice Collins said no woman
should have to endure the terrifying circumstances experienced
by Billingsley when Muhammad
Adenan pledges to
develop Chinese
independent schools
CM reiterates his commitment since his appointment
KUCHING: Tan Sri Adenan Satem
reiterated yesterday his commitment towards the development of
Chinese independent schools in
Sarawak through his policies and
action since his appointment to the
chief minister’s post in 2014.
He cited the example of the Unified Examination Certificate (UEC),
which he announced last year the
Sarawak government would recognise and that holders of the certificate could apply for jobs in the
state civil service.
The UEC is the standardised
test for Chinese independent high
school students administered by
Dong Zong, the United Chinese
School Committees’ Association
of Malaysia (UCSCAM).
Although the certificate is not
recognised by the federal government and cannot be used for entry
into public universities, Adenan said
it does not matter, as the certificate
is accepted in many public universities in the world.
“I intend to talk to the education
minister in Kuala Lumpur to discuss
this matter, so that we can broaden
the recognition of this certificate,” he
said when officiating at the opening
of the new SJK (C) Chung Hua 1 in
Jalan Tabuan, Kuching yesterday.
“It is not because the election is
coming, no, but simply because it is
the right thing to do, whether now
or later. That’s why I made the decision, for the sake of the Sarawak
people,” he added.
Adenan later announced an allocation of RM500,000 to assist the development of SJK (C) Chung Hua 1.
He said the state government
gave RM3 million to the Sarawak
United Association of Private Chinese Secondary School Management Board in 2014, to be distributed to the 14 Chinese private schools
in the state, and this year some RM5
million. — Bernama
‘Holistic approach needed to
destroy Aedes breeding grounds’
BANGI: A holistic approach is required to destroy Aedes breeding
grounds to check the spead of dengue
and the Zika virus, said Health Minister Datuk Seri Dr S Subramaniam.
He said the public and local authorities need to step up cooperation to destroy Aedes breeding
grounds due to public concern
about the two diseases, which are
spread by the same vector — the
Aedes mosquito.
“Although cleansing is in the
work scope of the local authorities, the public must have the civic
awareness to keep their surroundings clean and to report immediately to the nearest health office any
potential Aedes breeding grounds.”
He said this after visiting dengue hotspots in Bandar Baru Bangi
yesterday.
Subramaniam said the ministry
would carry out inspections and
fogging, besides using the chemical larvicide Abate to destroy mosquito larvae.
“If there is cooperation and
Rizalman breached the sanctity of
her bedroom.
He also said that he had received a victim impact statement
from Billingsley, who wished for
it to be suppressed, and he had
granted it.
The judge accepted that Muhammad Rizalman had an exemplary
record of service and said his family
was also “innocent victims” of his
offence because of the publicity
surrounding the case.
Justice Collins began his sentencing calculations at 27 months’
prison, then gave discounts for previous good character, Muhammad
Rizalman’s cooperation in returning to New Zealand, the likelihood
of losing his career, time on bail,
guilty plea and offer of reparation.
— Bernama
Tawfik Ismail given ‘sabbatical’
by G25 after his press statements
BY A N IS A H S H UK RY
KUALA LUMPUR: Tawfik Ismail,
the son of the late Tun Dr Ismail
Abdul Rahman, said he was told
to go on a “sabbatical” from G25
after his statements to the press
last year left some members of
the group of moderates unhappy.
He told The Malaysian Insider
that he no longer receives emails
from the group or gets invited to
their meetings, but said he still
considers himself a member as
he believes in G25’s goals of reforming the administration of
Islam in Malaysia.
“G25 is a rather peculiar organisation because it’s not a formal body. There’s no membership fee, no form, no committee.
If you’re invited to be a member,
there’s no mechanism to disinvite
you,” Tawfik told The Malaysian
Insider.
“I consider myself still a member in the sense that I subscribe
to the goals of G25, which is the
rationalisation of the political and
social environment with regard
to the place of Islam in a multicultural and multiracial society.”
He said he had been “blasted”
by the group for giving interviews
last year on their meeting with
Tun Dr Mahathir Mohamad and
Tan Sri Muhyiddin Yassin.
But Tawfik said he had only
disclosed to the press his own
conversation with the two figures, and not the full details of
their meeting.
“I didn’t disclose all the infor-
mation, only what was relevant to
the context of their credibility in
opposing Prime Minister Datuk
Seri Najib Razak.
“And after the articles came
out, Muhyiddin didn’t say a word
about it while Dr Mahathir confirmed and addressed some of
the statements I had made to
the press. Their reaction showed
they weren’t even offended by
what I did.”
Despite this, The Malaysian
Insider understands that some
members of G25 felt Tawfik’s media interviews had left a negative impression of the group to
the public.
They were angered that he had
allegedly betrayed Dr Mahathir
and Muhyiddin’s trust by divulging what had transpired in the
meetings.
This prompted the group to
meet on Nov 16, and they decided
Tawfik should go on a sabbatical
and not be invited to any of its
activities, including its forum
“Islam in a Constitutional Democracy” on Dec 6.
Some members, however,
wanted him removed from the
group entirely, calling his membership a burden.
But Tawfik argued there is no
proof any of his statements had
harmed G25.
“Their credibility was not affected by what I had done, it had
not prevented G25 from being
invited to events. Nobody stayed
away from them,” he said. — The
Malaysian Insider
Oil palm plantation operator jailed
five years for training militants
Subramaniam looking at a water sample containing larvae during a visit to a dengue
hotspot at Seri Cempaka Apartments in Bandar Baru Bangi yesterday.
Photo by Bernama
sharing of information in a holistic manner among residents, local
authorities and the ministry, I believe we can reduce dengue cases
and prevent a Zika virus outbreak,”
he said.
Subramaniam said 15,251 dengue fever cases were recorded this
year up to Saturday, an increase of
15% over the 13,252 cases recorded in the same period, last year.
— Bernama
KUALA LUMPUR: An oil palm
plantation operator was sentenced to five years’ jail by the
High Court here yesterday for giving militant training to individuals
willing to participate in terrorist
activities.
Judge Datuk Mohd Shariff Abu
Samah handed down the sentence on Muamar Gadaffi Mohamad Shafawi, 32, who pleaded
guilty to the charge, to be served
from the date of arrest on June
13, 2014.
When handing down the sentence, Mohd Shariff said the offence committed by the accused
was despicable as it was strongly
condemned by the local community and also the world.
“As a young offender and a first
offender, the accused has to reflect
on himself. A long imprisonment
will not bring good to the accused
and the public. A short imprisonment will enable the accuse to
learn more about religion when
he is released,” he added.
Muamar Gadaffi was charged
with committing the offence with
intention to promote the ideology, an act deemed as promoting
violence to intimidate the public
in Syria.
The offence was committed at
Bukit Ara Para, Kampung Ketior
Dalam, Mukim Senggang, Kuala Kangsar, between Dec 24 and
27, 2014.
According to the facts of the
case, Muamar Gadaffi opened
a Facebook account on May 16,
2012, using the name “Iskandar
Dzulquranain IS” to spread the
militant Islamic State (IS) ideology. — Bernama
16 FO CU S
How to spend
up to US$10,000
on a timepiece
That you could even pass on to your children
BY STEVEN PULVIRENT
Y
ou don’t have to spend five figures to get a great watch. No
matter what snobbish collectors might suggest, there are
lots of incredible tickers out
there for less than US$10,000
(RM41,500). Now, can you buy a flashy
gold tourbillon in this price range? Yes,
sure, but that doesn’t mean you should.
When looking for a watch in this price
range, there are a few things to keep in mind.
You’re almost certainly going to be buying a
watch made of steel, your choice of complications is going to be more limited (sorry, no
perpetual calendar), and you’ll be steering
clear of Patek Philippe and Audemars Piguet
altogether. But that doesn’t mean that you
can’t afford some incredible timepieces that
are also good investments, and that you could
even pass on to your children.
Here are the five types of watches you
should be looking at to get the most watch
for your money, all under US$10,000.
A little extra technology makes each of these daily-wearers more interesting than they look.
Photo by Omega, Jaeger-LeCoultre, Cartier
The all-day-everyday
If you’re going to strap on the same
watch every day, it needs to look good
with both your Tuesday suit and your
Sunday t-shirt, but you don’t want it
to be boring. The Omega Globemaster
(US$6,900 or RM28,635) handles all situations effortlessly and is packed with
technology like a totally anti-magnetic
movement and a more accurate and
durable co-axial escapement.
If you look closely at Jaeger-Le-
Coultre’s Geophysic True Second
(US$9,050), you’ll notice the seconds
hand seems to tick like on a quartz
watch, but this is because of a special
gear-and-spring system inside that
gives it the so-called “deadbeat seconds” for more precise timekeeping.
Plus it’s flat out beautiful.
Cartier’s in-house Tank MC (US$6,750
or RM28,013) is equally attractive and
offers a modern update on one of the
most classic watches of all time.
(From left) The Rolex Submariner, IWC Pilot Mark XVIII, and Panerai Luminor 1950 are all sturdy,
sporty choices. Photo by Rolex, IWC, Panerai
The no-nonsense sport watch
The modern Rolex Submariner (US$7,500
or RM31,125) has almost become a cliche, since it can be spotted on countless
wrists in nearly any bank or office around
the world. But it’s achieved this status for
good reason: it’s simply one of the best
all-purpose watches you can buy. The
black ceramic bezel, clean utilitarian
dial, and bulletproof construction make
it a near perfect choice for most people.
If you’re more a pilot watch kind of guy,
IWC’s latest, the Mark XVIII (US$3,950 or
RM16,392) is the archetype on which all
others are based. The dial is as legible as
they come and at 40mm it can even work
as a dress watch on a slim leather strap.
With all the work Panerai has done to
keep innovating on both the design and
technical fronts, it would be crazy not to
mention the Luminor 1950 (US$9,100 or
RM37,765), which sports both Panerai’s
signature multi-layer dial and a manually-wound in-house movement.
You can still get something complicated without putting a Tesla on your wrist. Photo by Montblanc,
Baume et Mercier, TAG Heuer
Affordable complications
For a few years now, Montblanc has been
the king of affordable complications. A
favourite, though, is the Heritage Spirit
Orbis Terrarum (US$5,900 or RM24,485),
which provides a full map of the northern hemisphere and shows what time it
is across the globe all at once. It just got
an update, so it now gives you a colourful
interpretation of the world climate too.
Baume & Mercier’s elegant Clifton line
has been another constant source of value,
but the Chronograph Complete Calendar is the most complicated version yet,
adding a pair of complications without
disrupting the mid-century lines and allaround handsomeness of the collection.
If chronographs are more your speed,
TAG Heuer makes the Carrera Calibre
Heuer 01 (US$5,250 or RM21,788) entirely
in-house and the open-worked dial lets
you admire the mechanics within.
FR I
F R I DAY F E BRUA RY 5 , 2016 • T HEED G E FINA NCIA L DA ILY
FO CU S 17
The vintage watch that
inspired Vacheron
Constantin’s latest creation
BY STEVEN PULVIRENT
Not all good watches come from Switzerland, and (from left) Seiko, Nomos, and Glashütte Original
are out to prove it. Photo by Seiko, Nomos, Glashütte Original
0 or
all
e as
ork
ap.
e to
nd
t to
0 or
ai’s
ual-
Beyond Switzerland
You pay for that “Swiss Made” signature
on the dial of any watch. By looking outside Switzerland, you can sometimes
get incredible value and interesting
provenance to boot.
One option is Japan, where Seiko is
crafting its awesome Grand Seiko HiBeat GMT (US$7,000 or RM29,050). It
tracks two time zones, comes both dressy
and sporty versions, and is as well-made
as anything from the Vallée de Joux.
A little closer to Switzerland you’ll
find Glashütte, Germany, that country’s
top watchmaking hamlet.
Nomos’ Metro Neomatik (US$3,840)
starts with one of its quirkier designs
and adds a brand new ultra-slim automatic movement that’s made entirely
in-house, all the way down to the escapement. Literally across the street,
Glashütte Original is making its colourful Senator Sixties Iconic (US$7,500 or
RM31,125) with textured and sunburst
dials adding some whimsy to the Teutonic time-only watches.
WHILE the 1970s gave us some fashions we’d
rather forget, it was a great decade for watches.
Vacheron Constantin’s great contribution is the
rare-as-hen’s-tooth ref 222, a classic time-only
watch for which vintage collectors clamour.
To celebrate its 222nd anniversary in 1977,
Vacheron Constantin decided to make a watch
unlike any other it had created before. The
idea was to create a bold sport watch that
reflected the fashion of the late ‘70s, and
the ref 222 is exactly that. Many people
wrongly believe that the 222 was designed
by Gerald Genta, the famous creator of the
Audemars Piguet Royal Oak, Patek Philippe
Nautilus, and IWC Ingenieur SL because the
watch has a similar style. But it was a different young designer (obviously inspired by the
master) who dreamed up the 222, accounting
for its slightly quirkier looks.
In the spirit of the era’s steel luxury sport
watches, this 222 has a bold case with broad
shoulders and an integrated steel bracelet with
large, geometric centre links. The dial has clear
stick markers, long rectangular hands, and
a small date window at 3 o’clock. It’s purely
functional, about as pared-back as you’ll find
anywhere. Only 500 of the original models
were made in steel, with an additional 120 in
two-tone gold and steel, and 100 in solid gold.
Turning the watch over, you’d find a solid
steel caseback with a bold “222” engraving that
looks as if it were lifted from the Tron credits.
Underneath that is the Vacheron Constantin
calibre 1120, an ultra-thin automatic movement, originally made by Jaeger-LeCoultre,
that was also used in the first Royal Oak and
first Nautilus. It might not be a true in-house
Vacheron movement, but it was the right movement for the job, and it’s probably one of the
best movements of all time. The combination
of slim proportions and robust performance
make it perfect for watches such as these.
The basic looks of the 222 have been the
foundation for Vacheron Constantin’s Overseas line for years. Earlier this month, at the
SIHH show in Geneva, Vacheron unveiled the
first true tribute to the original, the Overseas
Ultra-Thin. Not only does the watch look like
an updated version of the 222, with the faceted
bezel and integrated bracelet (this time, with
the brand’s signature maltese cross-shaped
links), it contains the very same calibre 1120
movement. This time around, you can admire
A rare sport watch from Vacheron
Constantin, the 222 is a collector’s
favourite. Photo by Christie’s
The caseback on this model is in nearly
perfect condition. Photo by Christie’s
the beautifully finished innards through
the sapphire caseback. A tribute this good
is surely going to raise the value of the original pieces over time.
This Vacheron Constantin Ref 222 is
available from Christie’s Watch Shop and
is priced at US$33,900 (RM140,685). —
Bloomberg
Gold Rolex dress watches and sporty chronographs are some of the best values in vintage
watches. Photo by Sotheby’s
ue,
enyet,
out
allon.
ed,
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ely
ets
Vintage value
Vintage is where the real value is. For example, a solid 18k gold Rolex Day-Date on
a solid gold President-style bracelet can
be had for under US$10,000 (RM41,500),
while the modern equivalent of this watch
would set you back over US$30,000 at a
boutique today. The sport watches get all
the attention from vintage Rolex collectors, so these gold dress watches are still
undervalued for the most part.
Likewise, two legendary chronographs,
the Omega Speedmaster Professional and
the Heuer Carrera both get overlooked in
favour of the much pricier Rolex Daytona.
Even with the recent popularity of both
models, awesome calibre 321 Speedmasters (the kind that took man to the moon
and back) and early execution Carreras
with either two or three subdials both
still fall squarely in this price bracket.
Sure, you’ll have to do some digging at
dealers and auction houses to find one
that’s perfect for you, but you’ll end up
with a watch that punches far above its
price class. — Bloomberg
The new Overseas Ultra-Thin is the most faithful tribute so far to the 222. Photo by Bloomberg
18 C O M M E N T
Saudi Aramco to list?
The one thing in Saudi Arabia that works well is under threat
BY STEFFEN HERTOG
A
sk almost any Saudi citizen which institution works best
in his country and
the answer will be
Saudi Aramco, the
state-owned oil giant. Ask international oilmen what is the best-run
national oil company in the Organization of the Petroleum Exporting
Countries (Opec) and the reply will
be the same.
Given the company’s exemplary reputation, it is surprising that
the Saudi kingdom’s deputy Crown
Prince Mohammad Salman mentioned his interest in selling off parts
of Aramco to private investors in
an interview with The Economist
published on Jan 6.
Backed up by economic advisers
from the private sector, he has spoken about the introduction of new
taxes, the privatisation of health
and education services, and the
trimming of the public payroll — all
of which had been political no-go
areas for the last five decades. He
is also widely seen as the driving
force behind Saudi Arabia’s intervention in Yemen.
Aramco produces more than
70% of the Saudi government’s revenue and has been a near-sacred
entity ever since the Saudi state
gradually bought out its original
American owners in the 1970s.
The process differed from the
forced nationalisations of Western
oil assets in other Opec countries.
Instead of letting the kingdom’s
national oil company Petromin
take over Aramco, the princes decided to preserve the company’s
American managerial structures
and gradually “Saudiize” its ranks.
Petromin, riddled by corruption
like many national oil companies
in Opec, was allowed to quietly
wither away.
The result has been a state within a state with its own Americanised corporate culture and social
rules. Aramco compounds are the
only places in the kingdom where
genders mix in the workplace and
women are allowed to drive. The
company, whose working language
is English, operates its own residential cities, hospitals and schools.
It has a unique reputation for efficiency among Saudi institutions
and is the No 1 employer for bright
young Saudis.
To preserve this exceptional status, however, Aramco has been
governed like a fortress. Although
leading Western executives serve
on its board, the company publishes very little information about its
operations, let alone finances. Royal
protection has kept the rest of the
Saudi technocracy, and even senior
Al Saud family members, at arm’s
length from the company, which
enjoys a high level of operational
autonomy. Company employees
— known as “Aramcons” — typically see this separation from the
public and the rest of government
as a key ingredient to their company’s success.
The shape of a potential Aramco initial public offering (IPO)
is unclear; the government might
well end up listing just some downstream assets in refining instead of
the core company that guards the
kingdom’s oil assets.
But, the company’s top leadership has confirmed that it is also
considering listing core upstream
assets. An IPO could attract large
inflows of international capital at a
time when the kingdom has been
suffering from flight of private capital. It would add depth to the Saudi
stock market in which millions of
small Saudi investors are active.
Prince Mohammad himself has
mentioned that an IPO would increase transparency and reduce the
risk of corruption. Foreign institutional shareholders could improve
corporate discipline, and Aramco’s
semiprivate status could allow it to
turn itself into more of an international oil company along the lines of
Norway’s Statoil, competing with oil
multinationals in overseas markets.
And yet, taking Aramco out of
its shell even for a minority listing would create operational and
political risks for the Saudi state’s
most critical asset. Given capacity
constraints in the rest of the Saudi
administration, the company has
increasingly been used as the government’s de facto project management office for high-priority infrastructure, building a US$10 billion
(RM41.5 billion) science and technology university, sports stadiums,
and an industrial city in the kingdom’s underdeveloped south. Such
non-core activities would be hard
to reconcile with the commercial
mandate of a listed company.
An IPO would need to publish
a profit and loss statement, giving
detailed insights into the kingdom’s
main source of revenue and thereby indirectly enforcing more transparency in the country’s national
budget, about which little information is shared publicly.
This could, among other things,
affect the administration of allowances for the Al Saud family’s thousands of princes, which as far as
we know are deducted before the
(hitherto unknown) Aramco revenue reaches the official budget.
Some of Aramco’s shares would
likely be reserved for Saudi retail
investors. Investor behaviour in
Saudi Arabia tends to be volatile
and herd-driven. As stock prices
fluctuate, the government could
face recriminations for either selling Aramco too cheaply — flogging
the family silver for peanuts — or
too dearly — exploiting retail investors.
Finally, the valuation of Aramco
would be strongly affected by the
government’s oil revenue regime,
which is currently unpublished:
If the government taxes most of
the company’s profits, dividends
for shareholders will become low,
pushing the stock’s value and revenue from the IPO down. If taxes are modest, the stock could be
very valuable, but the government
would have sold off part of its most
important revenue source.
Keeping Aramco’s core assets in
a separate, secretive fortress might
be the prudent option. It is likely
that many of the older technocrats
counsel this course in Riyadh right
now. But if there is one thing that
old Saudi hands can agree on, it is
that life in the kingdom has become
less predictable — even for Saudi
Aramco. — Reuters
The invention of inequality
BY A NTON I O FOG LIA
EVERYONE seems to be talking
about — and condemning — today’s rising level of economic inequality. Fuelled by jarring statistics
like Oxfam’s recent revelation that
the world’s richest 62 people own
as much wealth as the poorest 3.6
billion, popular support for leftwing figures like the United States’
Bernie Sanders and Britain’s Jeremy
Corbyn is rising. But today’s ideology-driven debates oversimplify an
issue that is exceedingly complex
— and affected by processes that
we do not fully understand.
Many of those engaged in the
debate on inequality nowadays
cite the French economist Thomas
Piketty’s 2014 book Capital in the
Twenty-First Century, which makes
three key points. First, over the last
30 years, the ratio of wealth to income has steadily increased. Second, if the total return on wealth is
higher than the growth in incomes,
wealth is necessarily becoming increasingly concentrated. Third, this
rising inequality must be reversed
through confiscatory taxation before it destroys society.
The points might seem convincing
at first glance. But the first statement
is little more than a truism, and the
second is falsified by Piketty’s own
data, making the third irrelevant.
Piketty observes a rising wealthto-income ratio from 1970 to 2010
— a period divided by a significant
change in the monetary environment. From 1970 to 1980, the Western economies experienced rising
inflation, accompanied by interest
rate hikes. During that period, the
wealth-to-income ratio increased
only modestly, if at all, in these
countries.
From 1980 on, nominal interest rates fell dramatically. Not surprisingly, the value of wealth rose
much faster than that of income
during this period, because the
value of the assets that comprise
wealth amounts essentially to the
net present value of their expected
future cash flows, discounted at the
current interest rate.
The most straightforward example is a government bond. But
the value of a house is determined
in a similar manner: according to
the rent it is expected to generate,
capitalised at the current nominal
interest rate. Equities, too, are valued at a higher multiple of earnings
when interest rates fall.
In determining the value of total
wealth, Piketty included both the income generated by assets and their
appreciation. Meanwhile, incomes
were capitalised at declining interest rates for more than a generation.
By this approach, his finding that
wealth grew faster than incomes
makes perfect sense — it is a direct
consequence of falling interest rates.
What impact do lower interest
rates have on measured inequality?
If I own one house and my neighbour owns two, and falling interest rates cause the value of those
houses to double, the monetary
inequality between us also doubles, affecting a variety of statistical indicators and triggering much
well-intended concern. But the
reality is that I still own one house
and my neighbour still owns two.
Even the relative affordability of
houses does not change much,
because lower interest rates make
larger mortgages possible.
For further evidence of this phenomenon, consider Piketty’s own
data. In Europe, Piketty singles
out Italy as the country where the
wealth-to-income ratio rose the
most, to about 680% in 2010, compared with 230% in 1970. Germany
appears to be a more “virtuous”
country, with a wealth-to-income
ratio of 400%, up from 210% in 1970.
What Piketty fails to highlight is that,
over this period, interest rates fell
much more in Italy (from 20% to 4%)
than in Germany (from 10% to 2%).
The real-world impact of this
dynamic on inequality is precisely
the opposite of what Piketty would
expect. Indeed, not only are Italians, on average, much richer than
Germans; Italy’s overall wealth distribution is must more balanced.
A 2013 study of household finances in the eurozone, conducted by the European Central Bank,
showed that in 2010 — the last year
in Piketty’s research — the average
Italian household was 41% richer
than the average German household. Moreover, whereas the difference between mean and median
household wealth is 59% in Italy,
it is a whopping 282% in Germany.
This difference can be explained
largely by the fact that 59% of
households in Italy own homes,
compared with only 26% in Germany. A larger share of Italians has
thus benefited more from a larger
drop in interest rates.
Clearly, economic inequality is
a highly complex phenomenon, affected by a wide variety of factors
— many of which we do not fully
understand, much less control.
Given this, we should be wary of
the kinds of radical policies that
some politicians are promoting
today. Their impact is unpredictable, and that may end up doing
more harm than good.
Perhaps a new approach is not
necessary at all. After all, globally,
standards of living are continuously
improving and converging. That is
something that everyone, from the
emerging populists to the hardened
capitalists, should be able to agree
on. — Project Syndicate
Antonio Foglia, board member of
Banca del Ceresio, is a member of the
Global Partners’ Council of the Institute for New Economic Thinking.
W O R L D B U S I N E S S 19
Japan’s Sharp
surges on reports
of likely deal with
Taiwan’s Hon Hai
TPP deal signed
TOKYO: Sharp Corp shares
soared more than 25% in Tokyo yesterday, following reports
its board is favouring accepting
a US$5 billion (RM20.7 billion)
bailout from Taiwanese giant
Hon Hai Precision Industry Co
Ltd.
The embattled Japanese electronics giant — which has teetered on the edge of bankruptcy
for years — kicked off a critical
directors’ meeting yesterday
morning to review competing
bids, including a proposal from
a domestic investment firm.
Japan’s public broadcaster NHK and the Jiji Press news
agency said Sharp’s board was
leaning toward the more than
¥600 billion (RM21 billion) offer
from Hon Hai, better known as
Foxconn, a key Apple supplier.
The public-private Innovation Network Corp of Japan
has offered around ¥300 billion to rehabilitate the century-old company, which started life as a belt buckle and
pencil maker.
The company, scheduled to
report its latest earnings yesterday, declined to confirm the
reports but spokesman Tsutomu Hirano told AFP “it is true
that we are studying proposals from multiple companies”.
After soaring initially, Sharp’s
volatile shares settled back
slightly to around ¥161, up
18.25%. —AFP
But years of tough negotiations still to come
BY R EBECCA H O WARD
WELLINGTON: The Trans-Pacific
Partnership (TPP), one of the world’s
biggest multinational trade deals,
was signed by 12 member nations
yesterday in New Zealand, but the
massive trade pact will still require
years of tough negotiations before
it becomes a reality.
The TPP, a deal which will cover
40% of the world economy, has already taken five years of negotiations
to reach yesterday’s signing stage.
The signing is “an important step”,
but the agreement “is still just a piece
of paper, or rather over 16,000 pieces of paper until it actually comes
into force,” said New Zealand Prime
Minister John Key at the ceremony
in Auckland.
The TPP will now undergo a twoyear ratification period in which at
least six countries — that account for
85% of the combined gross domestic
production of the 12 TPP nations —
must approve the final text for the
deal to be implemented.
The 12 nations include Australia, Brunei, Canada, Chile, Japan,
Malaysia, Mexico, New Zealand,
Peru, Singapore, the United States
and Vietnam.
Given their size, both the US and
Japan would need to ratify the deal,
which will set common standards
on issues ranging from workers’
rights to intellectual property pro-
Key (seventh from left) and ministerial representatives from 11 countries posing for
a photograph after signing the TPP agreement in Auckland, New Zealand, yesterday.
Photo by AFP
tection in 12 Pacific nations.
Opposition from many US Democrats and some Republicans could
mean a vote on the TPP is unlikely
before President Barack Obama, a
supporter of the TPP, leaves office
early in 2017.
US Trade Representative Michael
Froman has said the current administration is doing everything in its
power to move the deal, and yesterday told reporters he was confident
the deal would get the necessary
support in Congress.
In Japan, the resignation of Economics Minister Akira Amari — Japan’s
main TPP negotiator — may make it
more difficult to sell the deal in Japan.
There is widespread grass-roots
opposition to the TPP in many
countries. Opponents have criticised the secrecy surrounding
TPP talks, raised concerns about
reduced access to things like affordable medicines, and a clause
which allows foreign investors the
right to sue if they feel their profits
have been impacted by a law or
policy in the host country.
In New Zealand yesterday more
than 1,000 protesters caused traffic
disruptions in and around Auckland,
and police said a large number of
police have been deployed. —Reuters
LOS ANGELES: Billionaire Sumner
Redstone resigned as chairman of
CBS Corp in a surprise move that
immediately raised speculation
that his reign at Viacom Inc could
also soon be over.
CBS said chief executive officer
(CEO) Les Moonves will replace
Redstone, ending years of uncertainty over when the 92-year-old
media baron would cede control
of his prized broadcasting company. At the same time, Redstone’s
daughter Shari revealed her intentions for succession at Viacom,
the other piece of the family media empire. She said no member
of the family trust — including
herself and Viacom CEO Philippe
Dauman — should get the chairman’s job there.
“It is my firm belief that whoever
may succeed my father as chair at
each company should be someone
who is not a trustee of my father’s
trust or otherwise intertwined in
Redstone family matters, but rather a leader with an independent
voice,” Shari said in a statement
on Wednesday. “I was honoured
to nominate Les as the CBS chair
and am delighted to congratulate
him on his new position.”
The action at CBS and Shari’s
statement signal that after a long
period of uncertainty during her fa-
ther’s decline, questions of succession in the family empire are about
to be settled. A doctor examined
the elder Redstone last week in a
mental competency case brought
by his ex-girlfriend. Viacom’s board
was to meet yesterday, according
to a statement.
Shares in both companies rose
in extended trading. Viacom Class
B shares advanced 9.9% to US$49.10
(RM204), while CBS gained 3.9% to
US$50.13. — Bloomberg
ChemChina’s Syngenta bid is prickly for Monsanto
BY N EI L U N MAC K
LONDON: China National Chemical Corp’s (ChemChina) advance on
Syngenta AG leaves Monsanto Co
in a thorny spot. The state-owned
Chinese group is nearing a US$42
billion (RM174.4 billion) deal for
the Swiss seeds and pesticides maker. Its friendly nature and the cash
involved probably make it better
than a similarly valued offer last year
from Monsanto. The United States
company’s mergers and acquisitios
(M&A) options are getting tougher.
Having kicked off the industry’s
mating season, Monsanto is for
now on its own. It made repeated
overtures to Syngenta to combine
the world’s leading players in seed
production and crop protection. Its
most recent offer was at 470 Swiss
francs (RM1,941) in cash and stock
in August 2015.
Syngenta argued that Monsanto
was trying to buy it on the cheap at
a low point in the agro-chemical cycle, but it now looks ready to accept
a similar price from ChemChina.
By offering all cash, the Chinese
company could wind up being less
intrusive for both employees and
senior management.
Monsanto can try to argue that
ChemChina’s bid is problematic anyway. Competition concerns seem
unlikely, but there’s a risk the Committee on Foreign Investment in the
US frets over Chinese ownership. The
fact Syngenta’s stock price is still 16%
below the mooted sale price suggests
investors do harbour some doubts.
Even so, Monsanto probably
would need to sweeten its offer to
overpower ChemChina’s. Its last one
is now worth about 426 Swiss francs
for each Syngenta share. Matching
ChemChina’s figure, even with just
75% cash, would increase Monsanto’s debt to over four times earnings
before interest, taxes, depreciation
Toshiba increases annual
loss forecast to US$6b
amid accounting scandal
TOKYO: Toshiba Corp said
yesterday it has expanded
its full-year loss forecast to
an eye-watering US$6 billion
(RM24.8 billion), as one of
Japan’s best-known firms accounts for an embarrassing
profit-padding scandal. Toshiba also pointed to a global
economic slowdown, saying
it was taking a big bite out
of results across the company, including memory chip
and computer sales. Its new
loss forecast of ¥710 billion
(RM24.8 billion) for the fiscal
year to March came as Toshiba said it lost ¥479.4 billion in
the nine months to December,
reversing a profit from a year
earlier. —AFP
South32 flags US$1.7b
write-down, cuts jobs at
South African facility
SYDNEY: Mining giant BHP
Billiton Ltd’s South32 spin-off
yesterday announced US$1.7
billion (RM7.04 billion) in asset
write-downs and said it would
axe hundreds of jobs at a South
African facility and slash costs,
and production as commodity
prices dive. Miners across the
world have seen their bottom
lines sag as prices for key metals tumble, with even the bigger
players slashing costs to maintain profit levels. “We are ... not
immune to external influences
and the significant change in the
outlook for commodity prices,”
South32 chief executive Graham
Kerr said in a statement. —AFP
Toyota gives up on millennial/hipster brand Scion
Redstone resigns as CBS chair
BY LU CA S SH AW
& C HRI STOPH ER PA LM ER I
IN BRIEF
DETROIT: Toyota Motor Corp
said on Wednesday it will drop
its Scion brand, the often-quirky
line of cars it launched in the
United States 13 years ago, targeted at American millennials
and hipsters. The world’s largest
automaker said it will stop selling cars under the Scion name
by summer, and instead merge
them back into its main fleet for
the US market. Jim Lentz, chief
executive of Toyota Motor North
America, said the Japanese automaker’s decision to eliminate
the Scion nameplate was dictated by a market shifting away
from small cars and by changes
in the buying habits of younger
Americans. —AFP
World’s biggest wind farm
given go-ahead off Britain
and amortisation, Bernstein reckons,
a risky level given the weak commodity cycle.
Alternatively, Monsanto could
look elsewhere. The merger of Dow
Chemical Co and DuPont Co puts
additional pressure on it to find a
deal partner. BASF SE’s crop protection business is third largest
in the sector and would make a
sensible target. The German conglomerate, however, has no need
to sell low when the business is in
a slump. There may be other joint
ventures available to Monsanto,
but the M&A seeds are looking
harder to sow. — Reuters
LONDON: A wind farm that
would be the largest in the world
and power more than a million
homes has been given the goahead in Britain. Offshore wind
developer Dong Energy said on
Wednesday a final decision had
been made to construct the 1.2
gigawatt Hornsea Project One
scheme off the coast of Yorkshire
in northern England. Scheduled
for completion by 2020, the giant development would span
407 sq km and use 174 wind
turbines, each one 190m tall —
higher than London’s landmark
“Gherkin” tower. —AFP
20 W O R L D B U S I N E S S
Shell confirms 10,000 job cuts
Amid its steepest fall in annual profits for 13 years
LONDON: Royal Dutch Shell plc
has confirmed that it is cutting
10,000 jobs amid its steepest fall
in annual profits for 13 years, according to a report by BBC.
It made US$1.8 billion (RM7.47
billion) for the fourth quarter of
last year, compared with a US$4.2
billion profit for the same period
the year before.
Full-year 2015 earnings, excluding identified items, were
US$10.7 billion, compared with
US$22.6 billion in 2014.
The oil firm indicated that it
would report a massive drop in
profits two weeks ago.
Shell also said then it had cut operating costs by US$4 billion or around
10% in 2015, and expected to cut costs
by a further US$3 billion this year.
Last month, shareholders of
Shell, which is Europe’s largest
oil company, voted in favour of
its takeover of smaller rival BG
Group plc.
At the time, oil was trading at about
US$55 a barrel, but has fallen sharply
since then and is currently trading at
about US$30 a barrel, leading some
shareholders to oppose the plan.
Standard Life plc, a key investor of
Shell, said earlier this month the price
of oil needs to be US$60 a barrel for
the takeover to make financial sense.
It said it will cut 10,000 staff if
the deal with BG goes ahead, and
said synergies through its tie-up
with BG would be on top of the cost
savings already outlined.
The company cut back hard on
investment over the year, while
capital spending for the year was
slashed to US$28.9 billion, US$8.4
billion lower than in 2014.
Shell sold US$5.5 billion worth
of assets in the course of 2015.
Shell’s results are calculated on the
basis of replacement costs, which reflect the current cost of supplies and
are widely seen as the best measure of
an oil firm’s underlying performance.
Microsoft
buys keyboard
software maker
SwiftKey
SAN FRANCISCO: Microsoft Corp
said on Wednesday it acquired Britain-based keyboard software maker
SwiftKey, saying it would be integrated with the tech giant’s “intelligent systems” for mobile devices.
SwiftKey makes keyboard apps,
which are used on some 300 million Android and Apple devices,
replacing the default interfaces
with a more efficient one.
The price was not disclosed, but
media reports said Microsoft paid
US$250 million (RM1.04 billion).
SwiftKey, which uses artificial intelligence to help make keystrokes
more intuitive and efficient, expands
Microsoft’s efforts in the domain.
“In this cloud-first, mobile-first
world, SwiftKey’s technology aligns
with our vision for more personal
computing experiences that anticipate our needs versus responding to our commands, and directly
supports our ambition to reinvent
productivity by leveraging the intelligent cloud,” said Microsoft executive vice-president for research
and technology Harry Shum.
“SwiftKey estimates that its users have saved nearly 10 trillion
keystrokes, across 100 languages,
saving more than 100,000 years
in combined typing time.” — AFP
NEW YORK: The US Federal Reserve
(Fed) started raising official interest
rates in December. But in the stress
tests that large US banks have to undergo, the Fed is hypothesising that
short-term Treasury yields could
drop below zero. The European Central Bank (ECB) and the Bank of Japan
(BoJ) are trying it with policy benchmarks. Though negative US interest
rates are for only in the Fed’s worstcase scenario, they are becoming
a plausible downturn assumption.
The stress tests are required each
year, and the 2016 parameters for
Wells Fargo to pay
US$1.2b to settle US
mortgage suit
NEW YORK: Wells Fargo will
pay US$1.2 billion (RM4.98 billion) to settle a US lawsuit that
accused it of improperly certifying loans for a federal mortgage
insurance programme, the bank
said on Wednesday. Wells Fargo
said it had reached an agreement in principle with the US
Department of Justice and other
US agencies on allegations that
the bank improperly certified
Federal Housing Administration loans from 2001 to 2010.
The agreement resolves an October 2012 US lawsuit against
Wells Fargo that charged that
the bank’s improper certifications meant it should not have
received federal insurance proceeds when loans defaulted.
Wells Fargo said it would reduce
its 2015 earnings by US$134
million, or three cents per share,
to US$22.9 billion. — AFP
Patent case jury
orders Apple to pay
more than US$625m
Oil seen surging about 50% by 4Q
BY BEN SHA RP LE S
HONG KONG: Oil bulls distressed
that last week’s rally fizzled can find
some comfort in forecasts for a bigger and longer rebound by year end.
Analysts are projecting that
prices will climb more than US$15
(RM62.25) by year end. New York
crude will reach US$46 a barrel in
the fourth quarter (4Q), while Brent
in London will trade at US$48, the
median of 17 estimates compiled by
Bloomberg this year shows. A global
surplus that fuelled oil’s decline to
a 12-year low will shift to deficit as
US shale output falls, according to
Goldman Sachs Group Inc.
US production will drop by
620,000 barrels a day, or about 7%,
from the 1Q to the 4Q, according
to the Energy Information Administration. Meanwhile, the International Energy Agency forecasts total
non-Organization of the Petroleum
Exporting Countries supply will
fall by 600,000 barrels a day this
year. That may pave the way for
a rebound as lower prices have
stimulated global demand. Oil is
the “trade of the year”, according
to Citigroup Inc, which is among
banks from UBS Group AG to Societe Generale SA that predict a
gain in the second half.
“US shale should take the hit;
that’s where you will see cuts and
supply should start to taper off,”
Daniel Ang, an investment analyst
at Phillip Futures, said by phone
from Singapore.
West Texas Intermediate (WTI)
and Brent both closed at the lowest
level since 2003 on Jan 20. WTI for
March delivery ended at US$29.88 a
barrel on Tuesday and would need
to gain 54% to reach the median
estimate of US$46 a barrel. The
London contract for April delivery
settled at US$32.72 and needs a 47%
boost to hit US$48. — Bloomberg
Fed stress-tests idea of negative interest rates
BY RI C H A RD B EALES
IN BRIEF
big financial institutions were announced last week. They come in
“baseline, adverse and severely
adverse” flavours. The last is supposed to represent a severe global
recession, and that’s where the Fed
has told banks to model negative
yields on short-term Treasury securities, emphasising that it’s a hypothetical scenario, not a forecast.
Yet, it’s no longer looking outlandish. There’s plenty for now to keep
the Fed on a gradual path towards
higher rates, including healthy US
employment and relatively steady
growth. Even the uninspiring first
estimate for gross domestic product
last quarter, which indicated a 0.7%
annualised pace, still showed a yearon-year expansion of 1.8%.
There are deepening wrinkles,
though. Global market volatility
should matter to the Fed only to the
extent it reflects or causes real economic trouble, but the flickering of
screens in real time may loom larger
than that psychologically. Actions like
Japan’s decision to set a negative rate
also add to the reasons for the US dollar to strengthen, potentially making
US exporters less competitive.
Either way, another downturn will
eventually come to the United States,
and the option of going negative
may appeal to the Fed, whether or
not Treasury yields are below zero. If
chair Janet Yellen and her colleagues
haven’t managed to raise rates much
by then, there may not be much juice
in cutting official rates only to zero.
Yellen in November told a House
of Representatives committee that
if the economy takes a turn for the
worse, “potentially anything would
be on the table”. If the ECB, BoJ
and others have shown by then
that charging depositors is even
marginally effective, negative rates
could shift from the severely adverse scenario into the Fed’s regular
toolkit. — Reuters
SAN FRANCISCO: A Texas
jury on Wednesday said Apple
should pay US$625.6 million
(RM2.6 billion) for violating
patents held by a US company devoted to patent litigation.
Jurors in a federal court agreed
that Apple had infringed on VirnetX Holding Corp patents in its
iMessage and FaceTime services, as well as in its VPN on
Demand, according to VirnetX
attorneys. “We are surprised and
disappointed by the verdict, and
we’re going to appeal,” Apple
said in an email response to an
AFP inquiry. “Our employees independently designed this technology over many years, and we
received patents to protect this
intellectual property.” — AFP
GoPro shares dive as company logs losing quarter
SAN FRANCISCO: GoPro Inc
shares dived on Wednesday
after the mini camera maker reported quarterly earnings that
were worse than the market’s
dismal expectations. GoPro
said it lost about US$34.5 million (RM143.18 million) during
the holiday season quarter that
ended last year, as revenue sank
some 31% to US$436.6 million,
compared with the same threemonth period in 2014. Wall
Street had been braced for GoPro to essentially break even,
but did not expect GoPro to
post a loss for the year-ending
shopping season. — AFP
Yahoo’s strategy falls
flat on Wall Street
SAN FRANCISCO: Yahoo shares
tumbled on Wednesday in a sign
that investors were sceptical
about the faded Internet star’s
latest plan to return to glory. The
shares dropped as much as 9%
early in the Wall Street session,
but pared losses to end the official Nasdaq trading day down
4.75% to US$27.68 (RM114.87).
Yahoo on Tuesday said it is cutting 15% of its workforce and
narrowing its focus. — AFP
W O R L D 21
South Korea slams North’s rocket launch
SEOUL: South Korean President
Park Geun-Hye yesterday said a
planned rocket launch by North
Korea could “never be tolerated,”
as her defence ministry vowed to
shoot down any missile that threatened its territory.
Pyongyang has announced it will
launch a satellite-bearing rocket
sometime between Feb 8 and 25,
which is around the time of the
birthday on Feb 16 of the late leader
Kim Jong-Il, father of current leader
Kim Jong-Un.
The United Nations sanctions
prohibit North Korea from any use
of ballistic missile technology, and
such a launch would amount to
another major violation of Security Council resolutions, following
its fourth nuclear test last month.
“The fact that North Korea said
it will launch a long-range missile
following its nuclear test is a threat
to peace on the Korean peninsula
and to the world, and should never
be tolerated,” Park said.
General strike
against pension
reform sweeps
Greece
ATHENS: Workers across
Greece launched a general
strike yesterday to protest an
unpopular pension overhaul
that has sparked a major backlash against embattled leftist
Prime Minister Alexis Tsipras.
The 24-hour industrial action
— the third general strike in as
many months — has stopped
train and ferry services, and
grounded dozens of flights.
Hospitals will operate on
emergency footing, petrol stations will remain closed, and
taxis have been pulled off the
streets. Lawyers, truck drivers
and farmers are also participating in the walkout.
The farmers have formed protest hubs at dozens of locations
on Greece’s national highways,
intermittently blocking traffic
with tractors over the past two
weeks. On Tuesday, the farmers blocked freight trucks from
travelling into Bulgaria and Turkey, causing long lines on the
respective borders.
The strikers are furious at
government plans to lower the
maximum pension to €2,300
(RM10,600) per month from
€2,700 currently, and introduce
a new minimum guaranteed
basic pension of €384.
Tsipras’s leftist administration also wants to merge pension funds and increase social
security contributions by both
employers and staff.
The plan has come under fire
from a wide array of professional
classes, from lawyers and engineers to sailors and farm workers.
Critics say the new system
penalises those who dutifully
pay their pension contributions
over a lifetime of work, and will
encourage undeclared labour
practices. — AFP
The North insists its space programme is purely scientific in nature, but the United States and allies like South Korea say its rocket
launches are aimed at developing an inter-continental ballistic
missile capable of striking the US
mainland.
South Korean officials routinely
refer to them as “long-range missiles” rather than space rockets.
The planned launch poses a dilemma for the international community, which is already struggling
to find a united response to the
North’s Jan 6 nuclear test.
North Korea is already subject to
numerous UN sanctions over previous nuclear and rocket tests, and
Park said its continued provocative
behaviour showed these had been
ineffective.
The only solution, she argued,
was to impose sanctions harsh
enough “to make it realise that it
will not survive unless it gives up
its nuclear programme”. — AFP
North Korean missiles
At least 1,000 of various types,
according to South Korea’s defence ministry
Distances from
North Korea
NORTH
KOREA Musudan-ri
(Tonghae)
Tongchang-ri
(Sohae)
Sukchon Wonsan
Known
PYONGYANG
500 km
1,500 km
4,000 km
6,000 km
Taepodong-2
6,700 km
Successful test launch December 12, 2012
(Unha-3 rocket based on same system)
Sources: AFP/KDM/Global Security/38 North
SOUTH
KOREA
SEOUL
launch
sites
100 km
Suspected missile arsenal
Estimated range
Scud-B
300 km
Operational
Scud-C
500 km
Operational
Rodong
1,000 -- 1,500 km
Operational
Taepodong-1
2,500 km
Tested 1998
(failed)
Musudan-1
3,000 km
KN-02
120 km
KN-08
5,500+ km
In development
Tested
Untested
S America’s crisis
meeting on Zika
As ministers plot response to growing ‘nightmare’
BY CATERINA N OTARG I OVANNI
MONTEVIDEO (Uruguay): South
American health ministers held an
emergency meeting on Wednesday
on slowing the spread of the Zika
virus, dubbed a “nightmare” by
hard-hit Brazil, where it is blamed
for brain damage in babies.
With health authorities warning
the disease could infect up to four
million people in the Americas,
ministers from 14 countries held
talks in Uruguay to plot their response to the growing crisis, with
fears the virus could spread worldwide.
The meeting focused on ways
to control the mosquito popula-
tion spreading the virus, though
reports of a US patient catching the
disease by having sex fuelled fears
that it will not be easy to contain.
Brazil said it was sending more
than 500,000 personnel out to clean
up mosquito breeding grounds and
advise people about the disease.
Brazilian President Dilma
Rousseff said her government was
directing “all resources” available
toward the crisis, and vowed to
do “absolutely everything” for the
families of babies born with microcephaly, or abnormally small
heads and brains.
The number of babies with the
condition has surged since the Zika
outbreak sweeping Latin America
was detected last year.
“This virus, which only recently
arrived in Brazil and Latin America, no longer is a distant nightmare
but a real threat to all Brazilians’
homes,” Rousseff said in a nationally televised message.
Florida governor Rick Scott,
meanwhile, declared a health
emergency in four counties after
six new Zika cases were detected
in the US state.
Authorities say all caught the virus while travelling abroad, though
there is concern it could spread
locally because the Aedes aegypti
mosquito that transmits the virus
is present in the southern United
States. — AFP
‘Cosby sexual assault case can proceed’
BY THOM AS UR BAI N
NORRISTOWN (United States):
A US judge paved the way on
Wednesday for disgraced television legend Bill Cosby to stand
trial for the first time on a criminal
sexual assault charge, throwing
out an attempt by his lawyers to
dismiss the case.
Dozens of women have come
forward to accuse the 78-year-old
Cosby of abuse in allegations spanning four decades, but the vast majority have expired under statues
of limitations.
The megastar turned pariah
spent two days in court in Norris-
town, just outside Philadelphia, as
his lawyers disputed the legality
of the case, which dates back to
2004, and was settled in 2006 by
a civil suit.
In a deposition Cosby gave as
part of the civil suit, he admitted
giving the woman, Andrea Constand, a pill, but said all relations
with her were consensual and accused her of lying about the assault.
Prosecutors in Montgomery
County reopened the case last year,
claiming that new evidence came
to light in July. Cosby posted bail
of US$1 million on Dec 30.
Cosby’s legal team argued that
violated a 2005 agreement that he
would never be prosecuted over
the allegation of assault made by
Constand, a former employee of
Temple University in Philadelphia.
Constand says Cosby forced
himself on her at his suburban
Philadelphia home in 2004. Prosecutors say he urged her to take
pills and drink wine, leaving her
unable to resist as he made his
move on her.
If found guilty, Cosby — who
has surrendered his passport to the
court, but has yet to enter a plea
to the criminal charge — could
face up to 10 years in prison and
a US$25,000 (RM103,750) fine.
— AFP
IN BRIEF
US, France accuse
Assad of scuppering
Syria peace talks
LONDON: The United States
and France have accused President Bashar al-Assad’s regime of
undermining talks to end Syria’s
civil war, which were suspended
hours before donors were due to
meet yesterday to raise aid for
the conflict-torn country. French
Foreign Minister Laurent Fabius
accused Damascus and Russia
of “torpedoing the peace efforts”
by launching an offensive near
Aleppo, and said world powers
would hold “in-depth consultations” on their actions at the
conference. The talks had been
tipped as the most important
push so far to end Syria’s bloody
five-year conflict. — AFP
Australia churches
to offer sanctuary to
asylum seekers
SYDNEY: Australian church
leaders yesterday said they
would offer sanctuary to asylum seekers facing removal
to a remote Pacific detention
camp, vowing to defy the government’s harsh immigration
rules. The asylum seekers, who
were brought to Australia from
Nauru mostly for medical reasons, number more than 260
including 37 babies born in
the country and 54 other children, advocates said. The Anglican Dean of Brisbane, the Very
Reverend Peter Catt, said the
churches were reinventing the
“ancient concept of sanctuary”
by opening facilities such as St
John’s Cathedral in Brisbane
to the asylum seekers. — AFP
German police arrest two
Algerians ‘linked to IS’
BERLIN: German police have
arrested two Algerians they
suspect of having links to the
Islamic State (IS) group and
are hunting for two others in
operations in Berlin and other
regions, they said yesterday.
The four “from the jihad scene
are under investigation over
suspicions that they are planning a serious act threatening
the security of the state”, Berlin
police told AFP. One of the two
arrested is sought by Algerian
authorities for his links to IS,
police said. The second Algerian
was arrested for having falsified
identity documents. — AFP
India mob beats, partly
strips Tanzanian student
BANGALORE: Indian police
arrested five people yesterday
over an enraged mob’s attack
on a Tanzanian student who
was beaten, her shirt ripped off
and car set ablaze in the city of
Bangalore. India Foreign Minister Sushma Swaraj branded the attack “shameful” and
demanded swift justice for those
responsible, as she moved to
defuse any diplomatic tensions
over the incident. The mob
attacked the 21-year-old and her
male friends on Sunday night in
an apparent revenge for a road
accident in which a Sudanese
driver ran over a local woman
who died. — AFP
22
live it!
FR I
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
TOSS FOR PROSPERITY
Take your pick of Yee Sang
this Lunar New Year — a truly
seasonal favourite
BY SHALINI YEAP
F
or most of us, Chinese New Year dinners would be incomplete without the
customary and colourful Yee Sang as
an appetiser. It is tossed high into the
air at the beginning of the meal, accompanied by exclamations of well
wishes and aspirations for the New Year. This is
probably the only time when making a mess at
the dining table is accepted. The combination of
ingredients in the dish that form a colourful heap
embodies the very spirit of Chinese New and the
reunion of loved ones, some of which only get to
meet during the yearly celebration.
Yee Sang or yu sheng (also known as lou sahng in
Cantonese), plays on the homonyms ‘yu’  which
could mean fish or abundance  and ‘sheng’ 
which signifies raw or life  which together imply
abundance and long life. In Cantonese, the term
lou sahng denotes tossing of good fortune, which
is exactly how this dish is prepared for eating.
The dish is traditionally consumed on the seventh day of the first month in the Chinese calendar
which is also known as “Ren Ri” (literally, Human
Day). Legend has it that the goddess Nu Wa who
created the world, created humans on the seventh
day. It is believed that fishermen commemorated
this day by feasting on their catches, one theory
explaining the origin of the raw fish dish that we
know as Yee Sang today.
While Ren Ri is widely celebrated in China
(and by ethnic Chinese around the world), the
tradition of tossing Yee Sang is not as popular
globally as it is in Malaysia. In fact, most experts
opine that the prosperity toss is almost unheard
of in most parts of China, and that Yee Sang finds
its roots in Southeast Asia, specifically Singapore
and Malaysia, instead.
Typically, this raw fish salad is made out of
strips of finely sliced vegetables such as turnips,
radish, carrot and cucumber as well as strips of
raw fish. These days however, more and more
restaurants are offering their very own version of
this delectable seasonal appetiser.
T
th
IF
you
Ne
tab
Chynna, Hilton KL
Chynna’s Yee Sang for the year
features squid tentacles as a
unique ingredient, alongside
a mixed salad and coconut
white curry. Unlike the usual
circular arrangement of the salad, the ingredients in this one
are arranged horizontally instead. Coconut-flavoured white
curry is drizzled over greens,
crunchy nuts and seeds and
chewy squid. (Full portion:
RM238, half portion: RM128)
01.
Tai Thong
Tai Thong promises a journey of divine flavours with its Golden Fortune Yee Sang, featuring a refreshing selection of fruits and nuts.
Inspired by the Monkey King, Sun Wu Kong,
from the classic novel Journey to the West, the
dish features the peach, the auspicious fruit of
the Monkey King. Other ingredients include
pistachios, almonds, dried blueberries and
dried cranberries. (Half portion: RM68.80++,
full portion: RM108.80++)
Shang Palace, Shangri-La Hotel, KL
For those who would like an alternative to fish,
Shang Palace offers a geoduck clam option, served
with a pile of shredded vegetables like carrot and
turnip and pickled ginger glazed before it is drizzled
with vinegar and sprinkled with crushed peanuts.
(Small: RM266nett, Large: RM511nett)
02.
03.
P
A
C
W
Kechara Oasis
As a vegetarian option for this Lunar New Year, the
Yee Sang offered at this popular meat-free establishment is made up of ingredients like pine nuts,
lemons, oranges, carrots, mangoes and pears, all
of which are said to be free from colouring and
preservatives. (Small: RM48++, Large: RM68++)
Robata Monkey
Try Yee Sang with a Japanese touch when you opt
for the 7 Gem Yee Sang. An assortment of salmon,
akami, shiro maguro, hotate, hamachi, tai and ika
are served on a sea of pickled ginger, hijiki, radish,
carrot, purple sweet potato, orange sweet potato,
yam, cucumber, Chinese parsley, pomelo, homemade kumquat sauce, sesame seeds and peanuts.
(RM128++ for 6-12 pax)
Manmaru Rabataki & Bar
Manmaru is another Japanese restaurant that
offers this seasonal favourite on its menu. The
Signature Yee Sang comes with cranberries,
nutmegs, raisins, pineapples, croutons, peanuts, black and white sesame, tempura flakes,
pepper, five-spice powder, pumpkin, carrots,
radish, purple cabbage, sesame oil and plum
sauce, all topped off with slices of salmon. (For
2-4 pax: RM48nett, for 6-8 pax: RM88nett)
live it! 23
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
FEASTING
BY SHALINI YEAP
Tantalising treats for
the Lunar New Year
PICK OF THE DAY
IF you’re looking for the ideal hostess gift or if
you want some seasonal treats to fête the Lunar
New Year, here is a selection of some truly delectable ideas.
03
04
01
02
01. For the perfectly calming cup of tea after a decadent reunion
dinner, try TWG’s Jasmine Monkey King Tea that celebrates
the art of tea plucking, inspired by the Fujian legend that
monkeys were trained by monks to pluck tea leaves on the
steep mountain ridges. (RM112).
02. This gift set from amazin’ graze allows for guilt-free snacking
during the festivities. This five-piece gift set includes a prosperity
granola, longevity cookies, double happiness cookies, lucky nut
mix and golden trail mix, made from natural and preservativefree ingredients. (RM98).
03. End your meal on a sweet note with Godiva chocolates. The
Belgian chocolatier’s Chinese New Year Luxury Gift Box is
05
a treasure trove of limited edition chocolates presented in
a lovely jewellery box. (RM308 for 19 pieces, RM418 for 28
pieces, RM538 for 36 pieces).
04. The gift set by Five & Two Foods makes for an excellent
gift for the bacon lover. This set is filled with bacon-packed
delights like its signature bacon jam and Sichuan bacon, a
seasonal specialty. (RM92).
05. Crabtree & Evelyn’s colourful prosperity hamper is all about
festive cheer. Send family and friends well wishes for the Year
of the Monkey with its selection of biscuits, tea and preserves.
(RM788).
Personal
ASSISTANT
CO MPI L ED BY A NANDHI GOP INATH
WORK. LIFE. BALANCE
AMBROSE Rathborne was an Australian mining engineer
who moved first to Ceylon (present day Sri Lanka) as a
coffee planter, and to the Malay States in the 1880’s, where
he worked as a planter and an entrepreneur. Camping and
Tramping in Malaya: Fifteen Years in the Native States of
the Malay Peninsula was first published in 1898, and is
a lively and entertaining account of the author’s travels,
with fascinating insights into the colonial personalities
and working conditions of the day. An urge to find his
own nirvana in the hills for planting Arabica coffee evidently drove Rathborne’s initial years in Malaya, and his
chief legacy is his role in surveying for the alignments of
the first long-distance roads in Malaysia. As Malaysia develops and matures as a nation state, interest will surely
grow in its early formative years. Rathborne’s Camping
and Tramping is an excellent place to start, and as easy
to read as a good novel. Find this fascinating tome online
at www.silverfishbooks.com for RM39.90.
STRAUSS’ Four Last Songs are unquestionably among the most ravishingly beautiful
works of their kind ever written – expressions
of poignant nostalgia, sadness and the tiredness of old age. A lavishly scored overture by
Franz Schreker opens a most moving concert
at the Dewan Filharmonik Petronas as the
Malaysian Philharmonic Orchestra presents
music awash in hyper-romantic yearning and
soaring melodies. Beethoven’s powerfully energised and sensational Seventh Symphony
concludes this must-watch concert, which is
conducted by Andreas Delfs. Tonight and tomorrow at 8.30pm, DFP, level 2, Tower 2, Petronas Twin Towers, KLCC. Tickets are priced
at RM150, RM120, RM90 and RM60, call (03)
2051 7007 to purchase.
TAKING the mic at Crakchouse Comedy Club
this weekend is Fredrik Andersson, a Swedish
stand-up comedian whose years of writing
comedy for other comedians has made him
an experienced jokesmith of surgical precision. His uncompromising jokes combined
with his boyish charm is utterly appealing,
and he has made several appearances in celebrity roasts and comedy shows to critical
acclaim. 9pm tonight and tomorrow night at
Crackhouse Comedy Club, level 1, 24A, Lorong
Rahim Kajai 14, Taman Tun Dr Ismail, Kuala
Lumpur. Cover charge is at RM40, call (017)
6243412 or email laugh@crackhousecomedy.
asia for inquiries.
CATCH unusual art exhibition The Kings of
Wishful Thinking, where artist Anurendra
Jegadeva uses portraits of everyday Malaysians
– the nasi Lemak seller, the young nationalist,
the Hindu priest, the opera singer, the schoolgirl, the man in the turban, the beautiful bride,
the security officer – set against the backdrop
of our Ringgit, as if in conversation with our
King. The resulting portraits are intended with
reverence and respect to capture the sitters
interacting with the Monarch, conveying the
questions and worries that we all hold in our
hearts to our King. Revel at these majestic artworks at Wei Ling Contemporary, level 6, The
Gardens Mall, Mid Valley City, Kuala Lumpur.
Gallery hours are from 11am to 7pm (Tues-Sun),
call (03) 22828323 for more details.
24 F E AT U R E
Langat River Basin
getting nowhere
This is despite with help from a Unesco programme
BY KURNIAWATI KAMARUDIN
I
t is sometimes difficult to decipher how important resources
like water catchments are not
better taken care of by the locals and the authorities.
The 2,350 sq km Langat
River Basin in Selangor is the main
water source for those in the Klang
Valley, yet parts of it are so polluted
that it has led to numerous water
crises in the Klang Valley.
The basin runs 200km across the
Klang Valley to the Strait of Malacca. It has several tributaries, among
them Sungai Semenyih, Sungai Lui,
Sungai Beranang, and the most important river in the basin, Sungai
Langat.
According to a report by the Department of Environment, only a
part of Sungai Langat is still clean
and categorised as Class 2. The
rest are polluted and unsuitable
for drinking, categorised as either
Class 3 or 4. The main sources of
pollution can be attributed to waste
water, domestic waste and debris,
particularly in the upper reaches
of the stream that eventually affect
the entire river.
The selection
Having the United Nations Educational, Scientific and Cultural Organization (Unesco) adopt Sungai
Langat into its hydrology for the environment, life and policy (Help)
programme is a significant move
towards coming up with a solution
for the problems at hand.
Dr Rahmah Elfithri, a senior lecturer at the Institute for Environment
and Development (Lestari), Universiti Kebangsaan Malaysia (UKM),
is responsible for bringing Sungai
Langat into the programme.
According to her, as Sungai Langat
runs in front of UKM, the university
felt obliged to find ways to better care
and protect the river basin. Rahmah,
who is also the Unesco-Help River
Basin Network coordinator, said it
was imperative to build a network
with other countries at the early stages of participation, particularly for
coming up with new ideas to upgrade
river basins.
“It is easier to learn from others, as
they may have used methods that we
can apply here. For example, Brazil
has employed a benchmark using
the watershed sustainability index,”
she told Bernama in an interview at
her workplace.
By using this method, the state
of Sungai Langat can be measured
by comparing it with several nearby
river basins. A solution to improve
its conditions can subsequently be
derived from the findings.
Learn from others
Much can also be learned from the
Davao River Basin in the Philippines, which joined the Help programme like the Langat River Basin
in 2004. In just six years under the
programme, the Davao River Basin
had gone from stage three to stage
two in 2010 under Help classification, a significant improvement.
“We should strive to emulate the
effort spent to uplift the status of the
Davao River Basin. It is the collective
effort of the local community and
the basin’s stakeholders, specifically
the district’s mayor and councillor,”
she said.
For Rahmah, the management
and water quality of the Langat River
Basin could be improved through
joint efforts and the implementa-
tion of Help’s philosophies. This
would eventually help upgrade the
river to an operational (stage two)
or demonstrational (stage three)
under Help, she said.
The Davao River has utilised Unesco’s integrated river basin management guidelines in the management
of its basin and adapted it to local
needs. This could also be emulated
for Langat River in the management
of its basins, she said.
Management challenges
Many are unaware that the Langat
River was adopted into the Unesco
programme just as how Langkawi
was similarly adopted into Unesco’s
Global Geoparks Network since 2007.
Rahmah attributed it to poor publicity on Sungai Langat, and the lack
of involvement of stakeholders in
uplifting the river’s status.
“Researchers cannot do this alone.
Everyone, be it the government, private bodies or individuals, needs to
participate in preserving, conserving and improving the Langat River
Basin,” she said.
Public awareness of the matter
remains poor. Many see rivers only
as a source of water, without understanding its vital role in the aspects
of hydrology, socio-economy, environment, community and policy.
It was a different story with the
conservation efforts of the Geopark
in Langkawi. That effort saw active
promotion and collaboration among
the Langkawi Development Authority, UKM researchers, local government agencies, non-governmental
organisations and and private bodies.
The concentrated joint effort
helped it retain Unesco’s Geopark
status in addition to increasing its
allure as an ecotourism destination.
A section of Sungai Langat that is undergoing beautification work. Photo by Lestari
UKM/Bernama
This translated into social, economic
and environmental benefits to the
local community. This also encouraged the community to partake in
the sustainable development of the
Langkawi Geopark.
“We have yet to find a party that
can actively join us in promoting
Sungai Langat as one of the world’s
river basin sites. As a researcher, UKM
is open to conducting research and
working with [the] relevant authorities to run programmes that can help
us get there,” she said.
Citing the example of the Davao
River, which she had once visited,
she said local government leaders
often went down to the ground to
promote the importance of the river.
They would also introduce the Davao
River Basin as a valuable asset of the
community that needed to be preserved by the local community and
authorities.
Management body needed
The rivers in South Africa and Australia have become the best examples
in river basin management with two
of their rivers reaching Class 1 status.
4.98
128.98
These rivers exhibit the best practices
in Help and integrated water resource
management, making them models
to other river basins in the world.
Although it may take some time
for Sungai Langat to reach such levels,
Rahmah is optimistic that it could be
achieved with the collective effort of
all parties. She proposed for a special
authoritative body to manage river
basins as practiced in countries such
as Australia through its Murray-Darling Basin Authority.
In Selangor, such efforts are spearheaded by Lembaga Urus Air Selangor (Luas).
“Bodies like Luas would certainly
ease the management of river basins.
If possible, have them collaborate
with the state and local authorities,
private bodies, non-governmental
organisations and the public.
“It would help improve the state of
Sungai Langat and eventually make
it world renowned,” said Rahmah.
She believes the success of the
Help programme in Sungai Langat
could provide a working model that
could be applied to other rivers in
the country. — Bernama
Markets 2 5
BURSA MAL AYSIA MAIN MARKET
Bursa Malaysia
YEAR
HIGH
Sectorial Movement
INDICES
CLOSE
+/-
%CHG
KLSE COMPOSITE
1,656.77
KLSE INDUSTRIAL
INDICES
CLOSE
+/-
%CHG
23.47
1.44
TECHNOLOGY
22.96
-0.09
3,242.72
57.14
1.79
FTSE BURSA 100
11,225.83
140.32
CONSUMER PRODUCT
583.92
0.66
0.11
FTSE BURSA MID 70
12,845.86
93.41
0.73
INDUSTRIAL PRODUCT
148.46
0.22
0.15
FTSE BURSA SMALL CAP
15,149.44
66.77
0.44
CONSTRUCTION
274.41
2.20
0.81
FTSE BURSA FLEDGLING
15,998.39
81.83
0.51
TRADE & SERVICES
223.80
3.72
1.69
FTSE BURSA EMAS
11,520.64
138.25
1.21
13,859.81
150.82
1.10
FTSE BUR M’SIA ACE
5,901.86
20.69
0.35
KLSE FINANCIAL
-0.39
1.27
KLSE PROPERTY
1,115.64
8.70
0.79
FTSE BUR EMAS SHARIAH
12,353.10
147.26
1.21
KLSE PLANTATION
7,764.94
58.35
0.76
FTSE BUR HIJRAH SHARIAH
13,813.34
175.73
1.29
506.61
Unch
Unch
8,181.34
204.83
2.57
KLSE MINING
FTSE/ASEAN 40
Bursa Malaysia Main Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.745 0.550 0.675
4.334 3.335 3.690
9.300 5.327 8.300
0.600 0.220
—
5.960 4.004 5.920
2.990 1.300 1.330
5.380 3.022 5.300
68.080 53.080 58.060
0.110 0.045 0.045
1.125 0.650 0.690
1.830 0.880 1.760
0.660 0.427 0.520
0.445 0.230 0.270
13.732 11.300 11.800
1.310 0.720 1.300
2.925 2.580 2.670
1.970 0.395 1.650
3.290 0.995 2.980
0.100 0.035 0.045
2.450 1.099 2.310
1.316 1.055 1.230
0.175 0.065 0.115
0.075 0.040 0.050
0.983 0.791 0.880
48.120 40.852 48.120
0.165 0.065 0.100
0.220 0.095 0.170
0.280 0.165 0.205
0.460 0.190 0.340
2.539 1.693 2.400
0.325 0.167 0.255
0.990 0.640
—
18.620 16.745 18.620
0.940 0.475 0.895
1.407 0.990
—
1.220 0.330 0.935
1.040 0.595 0.930
14.448 11.566 13.340
1.640 0.720 1.320
2.580 2.070
—
1.130 0.930
—
0.175 0.040
—
6.166 4.065 6.060
1.196 0.594 1.010
0.552 0.391 0.470
5.280 2.850 4.880
1.438 0.832 1.260
0.490 0.340
—
3.102 1.798 2.000
1.420 0.618 1.150
1.170 0.425 0.730
4.740 2.568 4.130
4.000 1.432 3.650
0.485 0.070 0.075
0.935 0.465 0.830
2.632 1.742
—
1.270 0.920
—
0.150 0.060 0.060
8.100 4.310 6.790
9.490 2.950 9.490
0.250 0.130
—
0.405 0.170 0.270
2.997 2.196 2.370
0.925 0.630 0.840
2.388 1.450 1.530
4.640 1.776 4.240
0.250 0.065
—
1.610 1.160 1.260
1.120 0.810 0.870
1.417 1.080 1.260
5.226 4.507
—
0.145 0.045 0.060
1.650 1.100 1.420
75.500 68.540 74.680
2.800 2.186 2.650
0.245 0.080 0.125
0.415 0.220 0.315
1.010 0.620 0.950
0.615 0.455 0.520
2.530 2.020 2.160
7.797 6.425 6.620
2.170 1.232 2.170
24.900 19.192 24.780
0.785 0.604
—
0.370 0.200
—
0.885 0.275
—
1.280 0.755
—
0.285 0.175 0.260
0.595 0.410 0.500
2.099 0.756 1.730
16.700 13.802 16.360
0.630 0.470
—
2.728 1.416 2.190
1.525 0.968
—
2.957 1.346 2.460
4.650 3.445 4.590
1.710 1.150 1.500
2.800 1.402 2.530
0.585 0.400 0.500
0.795 0.415 0.795
0.735 0.340 0.615
2.450 0.761 2.020
3.167 1.580 1.720
0.075 0.040 0.045
2.410 1.671 2.380
1.520 0.730 1.260
0.745 0.365 0.630
0.510 0.280
—
3.329 2.262 2.510
1.300 0.355 1.210
2.178 1.040 1.360
1.610 1.184 1.350
0.579 0.445
—
0.470 0.170 0.415
10.996 6.510 6.660
2.430 1.452 2.180
0.850 0.427 0.725
0.098 0.045 0.055
0.670 0.300
—
0.690 0.394 0.490
2.350 1.430 2.130
0.510 0.190 0.500
1.147 0.797 0.920
3.490 1.380 2.730
2.113 1.373 1.440
INDUSTRIAL PRODUCTS
1.236 0.883 1.020
0.210 0.105 0.110
0.640 0.475
—
0.450 0.250
—
1.070 0.820
—
2.454 1.850
—
0.200 0.110 0.115
* Volume Weighted Average Price
DAY
LOW
0.665
3.430
8.000
—
5.890
1.330
5.270
56.080
0.045
0.685
1.730
0.505
0.260
11.620
1.250
2.630
1.530
2.950
0.035
2.250
1.220
0.110
0.045
0.880
47.900
0.095
0.160
0.195
0.325
2.370
0.240
—
18.560
0.860
—
0.900
0.900
13.240
1.270
—
—
—
5.900
0.990
0.455
4.800
1.240
—
1.980
1.100
0.720
3.920
3.600
0.070
0.805
—
—
0.060
6.600
9.350
—
0.265
2.290
0.790
1.500
4.090
—
1.250
0.840
1.260
—
0.050
1.400
74.300
2.650
0.120
0.315
0.920
0.480
2.040
6.610
2.040
24.400
—
—
—
—
0.250
0.490
1.680
15.880
—
2.150
—
2.430
4.500
1.500
2.500
0.490
0.745
0.605
1.950
1.700
0.040
2.210
1.200
0.605
—
2.510
1.150
1.300
1.350
—
0.400
6.590
2.180
0.720
0.050
—
0.475
2.090
0.490
0.900
2.640
1.430
1.000
0.110
—
—
—
—
0.115
CODE
7120
7090
2658
7051
6432
7722
7129
4162
7243
9288
7174
7154
7128
2836
7035
7148
9423
2828
5188
7205
7202
5214
7179
7119
3026
7198
7182
5091
9091
7149
7208
7094
3689
9776
2755
8605
9172
3255
5102
5606
5606PA
5187
3301
5160
7213
7141
5024
8478
5107
7152
8931
5247
7216
8303
6203
7062
0002
5172
7006
9385
7943
8079
7089
7126
7085
7087
5189
3662
7935
5886
5202
5150
3921
4707
7060
7139
7215
5066
7071
7107
4006
7052
3719
5022
9407
6068
5231
4081
5080
7088
4065
7190
8966
7134
7237
7084
9946
5252
5157
7180
7165
7412
7246
8532
7103
7186
7082
7211
4405
7200
7252
9369
7230
7176
4588
7757
7203
5156
7121
5155
5584
7184
5159
7178
5131
0012
7086
7061
7131
7191
9148
7146
COUNTER
ACOSTEC
AHEALTH
AJI
AMTEK
APOLLO
ASIABRN
ASIAFLE
BAT
BIOOSMO
BONIA
CAB
CAELY
CAMRES
CARLSBG
CCK
CCMDBIO
CHEEWAH
CIHLDG
CNOUHUA
COCOLND
CSCENIC
CSL
DBE
DEGEM
DLADY
DPS
EKA
EKOWOOD
EMICO
ENGKAH
EURO
EUROSP
F&N
FARMBES
FCW
FFHB
FPI
GAB
GCB
GOLDIS
GOLDIS-PA
HBGLOB
HLIND
HOMERIZ
HOVID
HUATLAI
HUPSENG
HWATAI
IQGROUP
JAYCORP
JERASIA
KAREX
KAWAN
KFM
KHEESAN
KHIND
KOTRA
KSTAR
LATITUD
LAYHONG
LCHEONG
LEESK
LIIHEN
LONBISC
LTKM
MAGNI
MAXWELL
MFLOUR
MILUX
MINTYE
MSM
MSPORTS
MWE
NESTLE
NHFATT
NICE
NIHSIN
NTPM
OCR
OFI
ORIENT
PADINI
PANAMY
PAOS
PARAGON
PCCS
PELIKAN
PMCORP
POHKONG
POHUAT
PPB
PPG
PRLEXUS
PWF
PWROOT
QL
REX
SASBADI
SAUDEE
SERNKOU
SGB
SHH
SIGN
SINOTOP
SPRITZER
SWSCAP
SYF
TAFI
TCHONG
TEKSENG
TEOSENG
TGL
TOMEI
TPC
UMW
UPA
WANGZNG
XDL
XIANLNG
XINQUAN
YEELEE
YEN
YOCB
YSPSAH
ZHULIAN
3A
ABLEGRP
ABRIC
ACME
ADVENTA
ADVPKG
AEM
CLOSING
(RM)
0.665
3.690
8.080
0.250
5.910
1.330
5.300
56.200
0.045
0.690
1.760
0.505
0.270
11.680
1.280
2.630
1.620
2.950
0.040
2.270
1.230
0.115
0.045
0.880
48.000
0.100
0.170
0.205
0.325
2.380
0.245
0.760
18.600
0.880
0.990
0.915
0.925
13.300
1.300
2.160
0.990
0.075
5.910
0.990
0.465
4.800
1.240
0.405
1.980
1.120
0.725
3.930
3.640
0.075
0.825
2.260
1.100
0.060
6.700
9.380
0.160
0.270
2.310
0.825
1.500
4.200
0.075
1.260
0.865
1.260
4.650
0.055
1.400
74.680
2.650
0.125
0.315
0.930
0.495
2.070
6.610
2.100
24.780
0.620
0.335
0.795
0.870
0.250
0.490
1.700
16.300
0.570
2.180
1.260
2.460
4.540
1.500
2.510
0.495
0.795
0.615
1.950
1.710
0.045
2.340
1.260
0.605
0.365
2.510
1.200
1.350
1.350
0.460
0.400
6.600
2.180
0.725
0.055
0.445
0.485
2.100
0.500
0.905
2.690
1.440
1.010
0.110
0.485
0.300
0.915
2.190
0.115
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
-0.015
340.1
-0.010
32.6
0.030
20.5
—
—
0.010
22.6
UNCH
30
UNCH
150
-1.700
326.7
UNCH
328
0.010
125.6
0.030 1867.8
-0.015
104.8
UNCH
14
-0.020
224.6
-0.010
603.1
0.010
11
0.090 1109.2
UNCH
112.8
UNCH
17.1
-0.040
129
0.010
60.7
0.010
8388
UNCH 1515.4
0.050
0.5
0.100
54
UNCH 1354.9
UNCH 13884.5
0.010
79.3
-0.010 2518.3
UNCH
40.8
0.005
939.8
—
—
0.040
127.8
0.025
570.8
—
—
0.005
430.3
0.020
68.2
UNCH
167.6
0.040
725.1
—
—
—
—
—
—
-0.140
205.2
-0.020 1081.5
0.005 1456.9
-0.080
9
-0.010
339.9
—
—
-0.010
39.8
UNCH
212.4
0.010
80
-0.210 4408.6
UNCH
95.2
0.005
95.5
0.005
95.5
—
—
—
—
-0.005
5.5
-0.090
172.4
-0.040
96.5
—
—
0.005
356.5
-0.050
888.7
0.045
711.3
0.010
47.5
0.020
237.6
—
—
0.010
72.2
-0.005
80.8
0.060
5
—
—
0.005
7327
-0.020
20
0.560
3.4
-0.010
3
UNCH 3108.7
UNCH
816.6
-0.020
501.8
0.020 26258.7
UNCH
12.4
-0.010
119.7
0.020 5655.7
0.300
15.5
—
—
—
—
—
—
—
—
UNCH
146.8
UNCH
49
-0.010 1391.1
0.400
478.6
—
—
-0.010
508.3
—
—
0.060
239.1
0.040
128.3
UNCH
5.2
UNCH
204.3
UNCH 1119.7
0.050
1517
-0.025
37.9
-0.050
80.4
0.010
77.2
UNCH
24.1
-0.020
266
0.040
9
0.005 4413.9
—
—
UNCH
1.4
0.050 3213.4
0.040
610.3
UNCH
3
—
—
UNCH
863.2
0.030
1346
0.030
4.6
0.035
22
0.005 84369.9
—
—
-0.005
192.6
0.010
923.1
UNCH 3632.8
UNCH
177.8
-0.010
227
UNCH
47
0.671
3.439
8.085
—
5.907
1.330
5.289
56.87
0.045
0.688
1.752
0.516
0.267
11.67
1.274
2.659
1.598
2.954
0.042
2.275
1.230
0.112
0.045
0.880
48.04
0.098
0.167
0.200
0.337
2.380
0.248
—
18.58
0.884
—
0.917
0.915
13.28
1.301
—
—
—
5.979
0.998
0.461
4.862
1.251
—
1.990
1.121
0.722
3.967
3.629
0.070
0.816
—
—
0.060
6.660
9.423
—
0.268
2.317
0.819
1.505
4.137
—
1.251
0.864
1.260
—
0.053
1.412
74.31
2.650
0.124
0.315
0.932
0.505
2.108
6.617
2.122
24.62
—
—
—
—
0.251
0.494
1.696
16.28
—
2.177
—
2.449
4.515
1.500
2.514
0.497
0.774
0.608
1.998
1.712
0.040
2.362
1.209
0.617
—
2.510
1.195
1.349
1.350
—
0.403
6.599
2.180
0.723
0.055
—
0.482
2.107
0.500
0.906
2.693
1.439
21.38
14.43
13.43
—
13.28
—
15.38
17.77
—
13.50
16.16
8.49
7.80
17.47
19.02
13.26
11.33
22.26
—
16.24
15.11
2.41
—
9.00
20.52
41.67
—
—
4.92
36.67
42.24
—
18.81
—
79.20
16.28
25.00
16.92
50.19
9.64
—
—
10.73
10.54
16.79
7.12
19.08
—
8.69
12.46
5.80
36.66
22.58
—
15.05
11.47
19.54
—
7.29
21.84
—
10.15
8.91
9.92
8.54
9.58
—
20.52
—
13.68
11.31
—
—
29.72
12.30
—
27.16
18.34
—
16.02
13.32
14.89
12.31
23.05
—
—
—
20.33
17.13
9.26
19.48
21.84
10.07
9.89
12.73
28.61
81.97
20.29
—
30.46
—
10.08
6.42
37.50
12.06
262.5
13.21
—
20.90
28.64
7.84
45.76
—
10.75
23.75
9.30
8.35
14.10
20.70
1.09
16.43
—
7.23
12.12
12.49
—
2.98
2.48
—
4.23
0.38
2.83
5.55
—
2.72
—
1.98
—
6.08
1.56
5.61
1.23
—
—
2.34
6.50
—
—
1.70
2.08
—
—
—
—
2.73
—
—
3.09
—
1.52
—
3.24
5.34
—
0.93
4.04
—
5.08
4.04
2.15
—
2.82
—
4.04
3.57
—
0.64
0.55
—
—
3.10
—
—
1.79
—
—
—
3.75
—
3.89
1.67
—
4.37
—
2.38
5.59
—
0.95
1.74
3.77
—
1.59
0.78
—
2.17
1.82
4.76
2.02
4.03
—
—
—
—
2.04
2.06
1.47
3.51
1.93
2.38
3.25
0.94
—
1.99
—
—
—
5.13
5.85
—
2.14
—
—
—
1.99
0.42
1.85
5.56
2.17
—
6.21
3.67
3.45
—
—
4.12
1.43
—
4.42
2.42
4.17
118.3
432.3
491.3
12.5
472.8
105.2
1,014.0
16,046.8
22.4
556.3
269.5
40.4
52.4
3,598.4
201.8
733.7
68.2
477.9
26.7
519.4
148.2
142.9
34.6
117.9
3,072.0
58.8
53.0
34.4
31.2
168.4
59.5
33.8
6,822.1
53.8
247.5
75.7
228.8
4,017.9
622.1
1,318.7
451.2
35.1
1,937.9
297.0
373.5
415.9
992.0
30.3
174.3
153.7
59.5
2,626.2
771.5
5.1
78.3
90.5
145.7
16.0
651.3
541.7
10.6
45.3
415.8
153.9
195.2
683.5
30.0
693.3
47.1
76.6
3,268.9
32.7
324.2
17,512.5
199.2
37.8
74.5
1,044.6
102.9
496.8
4,100.8
1,381.6
1,505.3
74.9
23.5
47.7
481.4
193.3
201.1
385.6
19,323.6
57.0
257.4
98.0
747.9
5,666.1
92.5
350.6
44.6
95.4
64.3
97.5
205.2
88.9
344.5
183.8
370.2
29.2
1,686.7
324.0
405.0
55.0
63.8
93.5
7,710.7
173.5
116.0
148.3
32.4
164.0
389.4
62.5
144.8
362.1
662.4
0.010
UNCH
—
—
—
—
UNCH
1.008
0.110
—
—
—
—
0.115
18.30
—
—
10.45
45.30
14.76
230.0
1.39
—
—
—
—
5.48
—
397.5
29.0
68.2
65.5
139.8
44.9
27.2
124.3
20
—
—
—
—
58.6
# PE is calculated based on latest 12 months reported Earnings Per Share
YEAR
LOW
DAY
HIGH
DAY
LOW
0.490 0.325
—
—
0.400 0.265 0.300
0.300
4.790 2.076 3.780
3.660
0.505 0.230 0.290
0.290
0.800 0.610 0.680
0.670
0.535 0.335 0.400
0.390
1.129 0.640 0.650
0.645
0.235 0.120 0.200
0.195
1.560 0.952 1.270
1.260
5.073 3.730
—
—
0.730 0.382 0.620
0.610
0.880 0.560 0.675
0.670
0.215 0.100 0.120
0.120
0.810 0.500 0.550
0.550
1.040 0.480 1.040
0.980
2.480 1.600
—
—
0.795 0.285 0.720
0.695
0.150 0.090 0.115
0.105
1.571 0.980 1.080
1.040
3.100 2.150
—
—
2.020 0.791 1.850
1.760
0.670 0.305 0.320
0.305
0.295 0.175 0.205
0.205
0.455 0.145 0.220
0.220
5.170 2.000 4.460
4.360
0.286 0.065 0.070
0.065
2.100 1.606 2.020
1.990
1.109 0.846
—
—
1.690 1.030 1.490
1.450
2.560 1.380 2.350
2.350
1.500 1.140
—
—
2.340 1.264 1.920
1.840
1.688 1.340 1.400
1.370
1.230 0.710
—
—
0.105 0.055 0.060
0.060
5.977 3.980 5.230
5.160
0.600 0.200
—
—
3.282 1.440 1.620
1.560
0.895 0.200 0.685
0.650
1.000 0.670 0.940
0.890
1.250 0.880 1.250
1.230
1.008 0.525
—
—
0.440 0.275 0.395
0.395
5.816 3.932 5.280
5.220
0.475 0.210 0.380
0.365
0.308 0.170 0.185
0.175
0.635 0.250 0.565
0.540
0.510 0.312 0.510
0.510
0.920 0.660 0.705
0.700
1.549 1.100 1.180
1.150
1.981 0.990 1.080
1.030
0.675 0.250 0.565
0.525
1.260 0.406 0.950
0.925
1.610 1.000 1.220
1.120
0.335 0.190
—
—
0.823 0.596 0.700
0.650
1.700 0.551 1.360
1.240
1.560 0.437 1.180
1.150
1.273 0.918 1.040
1.030
3.210 2.274 2.970
2.890
0.835 0.347 0.655
0.625
2.686 1.977 2.280
2.270
3.090 1.006 2.450
2.360
1.645 1.370 1.400
1.400
2.970 0.455 2.310
2.260
0.080 0.040 0.050
0.050
0.420 0.205 0.260
0.260
0.135 0.077 0.095
0.095
0.630 0.285 0.430
0.430
0.317 0.173 0.225
0.215
0.135 0.070 0.110
0.105
1.121 0.883 0.940
0.940
0.820 0.320 0.620
0.570
6.150 4.693 5.420
5.160
3.500 2.750
—
—
1.790 1.250 1.360
1.250
0.985 0.706 0.865
0.855
0.620 0.200 0.210
0.210
0.950 0.130 0.210
0.190
1.800 0.827 1.210
1.200
1.040 0.530 0.710
0.695
0.440 0.310 0.345
0.345
0.140 0.045 0.050
0.045
4.030 2.880 3.100
3.080
0.175 0.065 0.100
0.095
0.960 0.760
—
—
2.050 1.165
—
—
0.445 0.245 0.275
0.245
0.110 0.045 0.095
0.095
0.190 0.135 0.150
0.150
0.330 0.075
—
—
1.280 0.920 1.050
0.950
2.830 1.210 1.960
1.950
2.053 1.051 1.590
1.510
0.245 0.145 0.195
0.190
1.290 0.353 1.020
0.920
0.985 0.430 0.705
0.685
3.440 2.730 3.240
3.200
2.600 1.237 2.200
2.140
0.205 0.070 0.080
0.075
2.110 1.184 1.810
1.740
0.768 0.390 0.490
0.480
2.703 0.937 1.560
1.520
0.775 0.335 0.650
0.610
9.500 5.027 7.350
6.980
0.600 0.350 0.525
0.500
5.886 4.286 5.340
5.280
0.582 0.330 0.385
0.385
0.620 0.410 0.430
0.410
10.517 8.231 9.400
9.010
0.601 0.384 0.465
0.455
0.819 0.305 0.640
0.610
0.605 0.420 0.485
0.475
0.215 0.110 0.125
0.125
0.075 0.030 0.035
0.035
0.126 0.045 0.055
0.050
0.505 0.220 0.230
0.225
0.280 0.150
—
—
0.120 0.065 0.075
0.070
4.250 3.180 3.500
3.480
0.879 0.330 0.370
0.350
0.871 0.502
—
—
0.555 0.350
—
—
0.889 0.652 0.785
0.785
0.320 0.175 0.220
0.210
0.830 0.515
—
—
1.650 1.090
—
—
2.100 1.640
—
—
1.340 0.495 0.950
0.905
0.095 0.060 0.065
0.065
1.920 0.750 1.240
1.210
0.505 0.320 0.505
0.485
2.990 2.090 2.250
2.220
2.600 1.040 2.540
2.460
1.210 0.815 0.940
0.940
0.380 0.210
—
—
1.160 0.120
—
—
0.160 0.100
—
—
0.705 0.454 0.625
0.605
1.027 0.647 0.910
0.900
1.404 0.890
—
—
0.085 0.050 0.060
0.060
7.620 4.950 7.050
6.960
0.735 0.377 0.660
0.645
5.630 3.665 5.500
5.440
0.330 0.055 0.105
0.105
23.505 20.059 22.560 22.140
7.310 2.510 6.760
6.540
10.960 5.460 10.380 10.300
1.100 0.774 0.950
0.950
3.396 1.387 1.960
1.860
1.090 0.900 1.090
0.990
0.510 0.370
—
—
1.170 0.650 0.830
0.820
0.380 0.295 0.345
0.335
0.557 0.400 0.430
0.430
1.170 0.450 1.170
1.140
0.205 0.110 0.125
0.120
1.750 1.360
—
—
0.950 0.650
—
—
6.330 4.960 6.130
6.120
0.505 0.224 0.425
0.420
0.960 0.591 0.855
0.820
4.200 3.154
—
—
CODE
5198
2682
7609
9954
2674
4758
6556
9342
5568
5015
7214
7162
7070
7099
7181
8133
7005
7187
0168
6297
5100
9938
7221
7188
5105
5229
7076
2879
7171
8435
8044
5007
5797
8052
7018
2852
7986
5071
7195
2127
5094
7157
5082
8125
8176
7114
5835
5835PA
5265
7169
1619
7233
8907
9016
7217
7773
5101
7249
2984
7229
0149
3107
5197
3611
7197
5220
7192
7096
5649
0136
7077
3247
5151
5168
7105
5095
3298
5072
5199
7033
8443
5165
2739
5000
9601
9687
7222
7183
7223
8648
2747
7043
7167
4383
0054
7199
6211
3522
5371
5060
9466
7164
6971
7017
7153
7130
3476
5192
8362
3794
9326
5092
5232
8745
3581
2887
4235
9881
5068
9199
5098
7029
8095
5152
3778
5223
8192
6149
5001
7219
5576
7595
5916
3883
7004
5087
7002
5025
4944
7140
5065
7225
5183
9997
5436
5146
6033
3042
7095
7172
8869
6637
8117
8273
9458
9873
7168
7123
7544
7498
7765
7232
7803
5134
COUNTER
AFUJIYA
AISB
AJIYA
AKNIGHT
ALCOM
ANCOM
ANNJOO
ANZO
APB
APM
ARANK
ASTINO
ASUPREM
ATTA
ATURMJU
BHIC
BIG
BKOON
BOILERM
BOXPAK
BPPLAS
BRIGHT
BSLCORP
BTM
CANONE
CAP
CBIP
CCM
CENBOND
CEPCO
CFM
CHINWEL
CHOOBEE
CICB
CME
CMSB
CNASIA
COASTAL
COMCORP
COMFORT
CSCSTEL
CYL
CYMAO
DAIBOCI
DENKO
DNONCE
DOLMITE
DOLMITE-PA
DOLPHIN
DOMINAN
DRBHCOM
DUFU
EG
EKSONS
EMETALL
EPMB
EVERGRN
EWEIN
FACBIND
FAVCO
FIBON
FIMACOR
FLBHD
GBH
GESHEN
GLOTEC
GOODWAY
GPA
GPHAROS
GREENYB
GSB
GUH
HALEX
HARTA
HCK
HEVEA
HEXZA
HIAPTEK
HIBISCS
HIGHTEC
HIL
HOKHENG
HUAAN
HUMEIND
HWGB
IDEALUBB
IMASPRO
IRETEX
JADI
JASKITA
JAVA
JMR
JOHOTIN
JTIASA
KARYON
KEINHIN
KIALIM
KIANJOO
KIMHIN
KINSTEL
KKB
KNM
KOBAY
KOMARK
KOSSAN
KPOWER
KSENG
KSSC
KYM
LAFMSIA
LBALUM
LCTH
LEONFB
LEWEKO
LIONCOR
LIONDIV
LIONIND
LSTEEL
LUSTER
LYSAGHT
MASTEEL
MASTER
MAYPAK
MBL
MELEWAR
MENTIGA
MERCURY
METROD
MIECO
MINETEC
MINHO
MLGLOBAL
MSC
MUDA
MULTICO
MYCRON
NAKA
NWP
NYLEX
OKA
ORNA
PA
PCHEM
PENSONI
PERSTIM
PERWAJA
PETGAS
PETRONM
PIE
PMBTECH
PMETAL
PNEPCB
POLY
PPHB
PREMIER
PRESTAR
PRG
PWORTH
QUALITY
RALCO
RAPID
RESINTC
RUBEREX
SAB
CLOSING
(RM)
0.360
0.300
3.780
0.290
0.680
0.390
0.650
0.195
1.260
3.730
0.620
0.670
0.120
0.550
1.000
1.800
0.695
0.110
1.080
2.660
1.780
0.320
0.205
0.220
4.420
0.065
1.990
0.950
1.470
2.350
1.210
1.850
1.370
0.750
0.060
5.210
0.300
1.590
0.650
0.905
1.250
0.915
0.395
5.220
0.370
0.175
0.545
0.510
0.700
1.160
1.080
0.555
0.935
1.120
0.245
0.700
1.250
1.160
1.040
2.950
0.625
2.280
2.380
1.400
2.280
0.050
0.260
0.095
0.430
0.225
0.105
0.940
0.615
5.180
3.050
1.260
0.865
0.210
0.210
1.200
0.710
0.345
0.050
3.080
0.095
0.850
1.980
0.255
0.095
0.150
0.105
1.050
1.960
1.580
0.195
1.010
0.690
3.200
2.200
0.080
1.770
0.485
1.560
0.630
7.000
0.500
5.290
0.385
0.430
9.200
0.455
0.635
0.480
0.125
0.035
0.055
0.225
0.155
0.070
3.500
0.360
0.640
0.420
0.785
0.210
0.620
1.500
1.760
0.910
0.065
1.220
0.495
2.250
2.490
0.940
0.240
0.125
0.110
0.605
0.900
0.995
0.060
7.000
0.645
5.490
0.105
22.300
6.560
10.360
0.950
1.940
1.090
0.370
0.830
0.335
0.430
1.150
0.120
1.550
0.845
6.130
0.420
0.825
3.620
+/–
(RM)
—
0.020
0.090
-0.005
0.010
-0.010
0.005
-0.005
UNCH
—
0.005
0.010
UNCH
UNCH
-0.020
—
-0.005
0.010
0.050
—
-0.040
0.015
UNCH
UNCH
UNCH
UNCH
-0.020
—
0.020
-0.150
—
-0.040
0.010
—
UNCH
0.040
—
0.030
-0.015
-0.020
0.010
—
0.030
-0.060
0.005
-0.010
0.015
0.005
UNCH
UNCH
0.040
0.040
0.010
UNCH
—
UNCH
-0.100
-0.010
0.010
UNCH
-0.005
0.060
-0.050
UNCH
0.010
UNCH
UNCH
0.005
0.005
0.015
-0.005
-0.005
0.050
-0.230
—
-0.080
0.005
UNCH
0.025
-0.020
0.015
-0.035
0.005
-0.020
UNCH
—
—
0.010
UNCH
0.005
—
0.085
0.010
0.090
0.010
0.090
-0.010
-0.050
0.050
0.005
0.030
0.015
0.010
UNCH
-0.410
0.035
-0.030
0.025
UNCH
0.310
-0.005
0.025
0.005
UNCH
-0.005
0.005
-0.005
—
UNCH
UNCH
0.005
—
—
0.005
-0.010
—
—
—
-0.030
UNCH
-0.010
0.015
0.040
-0.060
-0.030
—
—
—
UNCH
UNCH
—
UNCH
0.020
-0.020
0.050
UNCH
0.280
UNCH
0.060
UNCH
0.050
0.070
—
0.010
0.005
0.005
0.010
UNCH
—
—
0.010
-0.005
-0.035
—
VOL
(‘000)
—
15.6
16.5
50
24.5
156
31.7
1714
12.3
—
16.1
18.5
51
3.3
4471.8
—
639.9
280.3
236
—
246.8
41.3
20
65
125.1
1246
158.4
—
510.1
15.1
—
1542.7
10
—
40
1188.6
—
1998.8
5244.2
10451.3
188.2
—
10
37.4
2491
13742.7
2719.6
0.5
287.2
173.4
826.3
17390.7
4005.2
27.9
—
9.3
7161
1097.1
118.5
141.2
248.9
13
443.5
9
198.6
1705.5
14.9
100
15
427.4
85
50
1017.7
3655.3
—
6205.3
56
260
19321.2
5.5
22.5
20
53.9
1.8
54
—
—
289
1672.8
82
—
54.5
59
3043.6
30
1413.4
847.9
49.5
24
406.5
747.7
13800.2
41.1
2100.1
4660.7
278.1
71
23
62.5
192.3
80
1425.7
204
33
70.3
275
412.6
—
353.1
18.3
102
—
—
29.4
43.6
—
—
—
419.5
290
192
398.4
23
126.3
30.5
—
—
—
165
89.2
—
78.9
2808
438.9
26.5
75
537.3
222.8
318.3
10
405.4
79
—
25.3
180
7.2
1858
4055.1
—
—
40
31
77.7
—
VWAP*
(RM)
PE#
(X)
DY
(%)
— 30.77
0.300 68.18
3.704 12.66
0.290
—
0.676
—
0.393 144.44
0.648
—
0.195
—
1.267
7.59
— 10.36
0.615
6.53
0.671
9.57
0.120
—
0.550
1.76
1.017
—
— 26.20
0.708
—
0.109
—
1.055 16.46
— 16.12
1.777 20.63
0.308
—
0.205
—
0.220
—
4.397
7.85
0.065
1.31
2.006 13.37
—
—
1.469 11.04
2.350
6.82
—
—
1.864 10.73
1.385 18.82
—
—
0.060
8.57
5.180 26.54
—
—
1.576
5.24
0.671 11.13
0.912 21.24
1.240 27.06
— 18.05
0.395
—
5.252 22.76
0.372 11.08
0.181
6.58
0.553
8.57
0.510
—
0.703
2.84
1.159
8.27
1.058 25.00
0.547 13.84
0.941
3.50
1.137
—
— 13.17
0.673 10.65
1.309 11.19
1.164 26.07
1.039 13.02
2.932
6.70
0.634 13.65
2.279
8.19
2.383
9.41
1.400
3.40
2.290 10.90
0.050
—
0.260
—
0.095
—
0.430
—
0.221 15.00
0.109 29.17
0.940 12.38
0.604 31.54
5.211 36.40
— 17.30
1.284
8.57
0.860 10.61
0.210
—
0.198
—
1.209
6.30
0.700
8.91
0.345 32.24
0.045
—
3.083 20.92
0.100
—
—
—
— 14.69
0.256
—
0.095
—
0.150 25.00
—
—
0.975 40.08
1.952
9.54
1.555 47.31
0.190 10.66
0.989 14.55
0.694
4.60
3.225
9.90
2.159
8.79
0.080
1.05
1.783 11.90
0.484 18.10
1.549
8.38
0.631
—
7.027 23.83
0.501
—
5.317
8.06
0.385 21.04
0.427
—
9.221 30.28
0.457 12.13
0.628 10.67
0.480
6.83
0.125
—
0.035
—
0.050
—
0.226
—
—
—
0.071
—
3.497
9.08
0.359
—
—
9.86
—
—
0.785 15.01
0.212
—
— 17.27
— 10.62
— 10.95
0.920
6.25
0.065
—
1.230
7.11
0.498
1.23
2.237 108.17
2.508 37.05
0.940 45.63
—
5.15
—
—
—
—
0.617 21.23
0.905
8.35
—
9.95
0.060
—
6.997 21.70
0.652
4.20
5.465
9.86
0.105
—
22.399 20.58
6.632 11.29
10.351 17.12
0.950
9.82
1.917 16.57
1.017
—
—
8.94
0.821
7.08
0.338 104.69
0.430 10.91
1.156 35.17
0.120 21.43
—
—
— 11.67
6.127
—
0.422 10.07
0.832 17.55
— 16.35
—
—
0.53
—
7.35
—
4.62
—
5.16
5.23
3.63
2.91
—
—
—
—
—
—
1.62
—
3.37
—
—
—
1.13
—
3.02
2.63
4.08
—
—
3.16
4.38
2.33
—
1.63
—
3.65
—
—
2.40
6.01
—
2.78
—
—
—
—
—
3.70
5.56
3.60
—
—
—
5.00
—
0.43
2.40
4.07
1.68
5.48
6.30
10.71
—
—
—
—
—
3.33
—
5.32
—
1.35
—
0.79
5.20
1.43
—
2.92
2.11
—
—
0.97
—
—
1.77
—
—
2.00
—
2.86
1.79
0.63
2.05
0.99
—
—
2.73
—
2.26
—
1.92
—
1.43
—
1.89
5.19
—
3.48
4.40
1.57
6.25
—
—
—
—
—
—
—
1.81
1.56
—
3.82
—
—
4.00
3.41
—
—
—
—
—
1.20
—
—
—
—
3.31
3.33
2.51
—
2.29
5.43
6.92
—
2.60
—
1.16
4.21
4.64
—
—
—
—
4.65
0.87
—
—
—
—
5.95
3.64
1.38
MKT CAP
(MIL)
64.8
39.6
287.8
16.9
91.3
85.4
339.8
54.8
142.2
752.0
74.4
183.7
35.0
38.6
61.1
447.2
33.4
30.4
557.3
159.7
334.1
52.6
20.1
27.6
849.3
75.5
1,071.1
434.7
176.4
105.2
49.6
554.1
150.6
34.3
26.5
5,597.5
13.6
845.2
91.0
505.7
475.0
91.5
29.6
594.3
38.7
31.6
146.5
6.3
155.4
191.4
2,087.9
97.4
197.8
183.9
41.9
116.2
1,058.0
255.5
88.6
647.1
61.3
559.2
245.6
261.2
182.4
269.1
28.7
93.1
57.9
75.1
55.4
261.2
65.2
8,500.1
169.1
557.4
173.3
150.9
231.6
48.7
197.9
27.6
56.1
1,475.6
57.1
93.9
158.4
34.0
89.5
67.4
18.2
133.1
182.9
1,538.5
92.8
100.0
42.7
1,421.3
342.4
83.9
456.3
1,045.7
106.2
78.5
4,476.3
28.2
1,912.2
37.0
64.5
7,817.2
113.1
228.6
148.8
40.2
46.1
76.6
161.5
19.8
121.2
145.5
88.0
35.0
17.7
72.2
47.6
43.4
60.3
211.2
191.1
43.2
134.0
44.4
225.0
759.6
41.7
68.1
6.9
35.2
117.6
142.3
74.9
56.8
56,000.0
83.6
545.2
58.8
44,125.7
1,771.2
795.7
76.0
2,519.7
71.7
59.2
91.2
112.9
78.3
166.8
72.0
89.8
35.5
536.0
57.6
189.2
495.7
26 Markets
FR I
BURSA MAL AYSIA MAIN MARKET
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
8.280 2.688 6.580
6.440
1.284 0.777 0.930
0.930
1.870 1.130 1.530
1.500
3.270 1.395 3.040
3.000
1.070 0.700 0.840
0.820
11.280 6.361 11.080 10.820
0.970 0.280 0.355
0.340
0.400 0.230
—
—
1.350 0.526 0.985
0.965
0.440 0.230 0.245
0.230
0.770 0.370 0.435
0.435
6.350 3.460 3.770
3.460
0.695 0.365 0.555
0.550
0.850 0.480
—
—
1.556 0.699 1.360
1.330
2.410 0.608 2.160
2.100
0.850 0.639
—
—
1.160 0.700 0.730
0.700
0.486 0.200 0.390
0.385
2.240 1.500 1.750
1.750
2.550 1.300 2.340
2.250
2.368 0.706 1.820
1.730
3.560 1.884 3.070
2.970
5.570 3.126 5.410
5.170
0.425 0.240 0.355
0.330
0.830 0.370 0.535
0.510
15.669 13.828 14.780 14.700
15.515 14.900
—
—
0.220 0.080 0.115
0.110
0.450 0.215
—
—
2.210 0.700 1.790
1.750
1.720 0.685 1.300
1.230
0.495 0.220
—
—
3.530 1.650 2.990
2.910
3.260 1.562 2.890
2.840
0.800 0.640
—
—
2.966 1.171 2.450
2.420
2.300 1.660 1.970
1.960
7.030 2.324 5.800
5.560
0.745 0.530
—
—
0.230 0.140 0.150
0.150
1.750 1.360 1.600
1.590
5.418 1.851 5.010
4.910
1.350 0.700 1.150
1.140
0.820 0.640
—
—
1.658 1.280 1.340
1.300
1.427 0.795 0.820
0.800
0.400 0.275 0.345
0.345
2.150 1.377 1.760
1.740
2.900 1.629 2.710
2.640
0.670 0.500 0.525
0.515
0.580 0.410
—
—
2.407 2.010
—
—
1.550 0.895 1.490
1.440
1.930 1.020 1.060
1.050
1.127 0.790
—
—
0.270 0.170 0.185
0.175
0.830 0.510 0.540
0.535
CONSTRUCTION
0.560 0.260
—
—
0.728 0.505 0.580
0.570
1.079 0.540
—
—
0.925 0.495 0.525
0.515
0.582 0.330 0.420
0.410
1.142 0.847 0.985
0.940
1.245 0.950 0.965
0.955
1.859 1.540
—
—
1.157 0.753 1.000
0.995
1.330 0.850 1.130
1.100
0.620 0.330 0.535
0.510
2.580 1.100 2.240
2.180
5.223 3.720 4.770
4.650
1.422 0.780 0.855
0.835
1.540 0.780 0.850
0.835
1.457 1.282
—
—
1.490 1.280
—
—
2.000 1.601 1.960
1.930
3.651 2.844 3.450
3.370
0.835 0.540 0.670
0.655
0.863 0.500
—
—
1.280 0.510 1.070
1.040
0.470 0.230 0.240
0.230
1.840 1.051 1.710
1.690
1.120 0.740 0.925
0.920
1.670 1.050 1.550
1.520
1.500 1.060
—
—
1.440 0.770
—
—
0.485 0.325
—
—
1.336 1.020 1.140
1.110
0.370 0.190 0.315
0.305
1.760 0.840 1.190
1.170
2.701 1.497 2.330
2.250
1.009 0.375 0.385
0.385
1.695 1.220 1.380
1.320
1.994 1.366 1.430
1.390
0.235 0.115 0.125
0.120
4.253 2.905 3.490
3.450
1.050 0.585 0.695
0.680
1.450 0.980 1.410
1.360
0.530 0.330 0.375
0.370
0.460 0.265 0.365
0.350
1.740 0.845 1.200
1.200
0.827 0.438 0.510
0.505
1.744 1.083 1.640
1.620
0.905 0.555 0.750
0.730
0.395 0.220 0.235
0.230
TRADING SERVICES
0.522 0.150 0.245
0.235
0.595 0.285 0.305
0.300
3.300 2.470 2.510
2.470
0.250 0.135
—
—
2.772 0.765 1.420
1.390
7.248 4.220 6.260
6.190
0.815 0.340 0.385
0.370
0.325 0.100 0.115
0.110
11.070 9.140 9.300
9.280
2.820 1.540 2.030
2.030
0.345 0.090 0.230
0.220
1.308 0.765 1.040
1.010
0.175 0.105 0.115
0.110
3.240 2.410 2.670
2.620
4.810 4.160
—
—
0.495 0.285 0.435
0.425
7.016 5.270 5.870
5.700
0.310 0.210
—
—
1.106 0.690 0.735
0.715
0.676 0.335 0.470
0.455
0.450 0.195 0.325
0.320
7.190 6.347
—
—
2.841 1.765 2.230
2.130
0.477 0.336 0.395
0.375
2.916 1.934 2.060
2.040
0.855 0.610 0.700
0.695
0.550 0.330 0.400
0.395
3.294 2.858 3.070
3.020
0.248 0.119 0.150
0.140
1.400 0.555 1.000
0.980
4.524 3.666 3.900
3.780
1.090 0.475 0.515
0.490
2.140 0.990 2.000
1.970
3.930 1.860 3.450
3.420
1.092 0.637 0.810
0.795
0.562 0.332
—
—
0.633 0.410
—
—
0.105 0.060 0.090
0.090
1.040 0.650 0.810
0.810
0.060 0.040 0.045
0.040
1.987 1.390 1.690
1.630
0.165 0.085 0.095
0.090
2.832 0.990 1.120
1.070
1.837 0.900 1.010
0.990
0.685 0.480 0.580
0.565
1.679 1.284 1.580
1.540
6.222 3.530 4.050
3.900
1.710 0.979 1.160
1.120
0.430 0.260 0.280
0.270
1.476 0.497 1.100
1.030
0.450 0.210 0.215
0.215
0.325 0.195 0.230
0.230
3.817 2.505 3.210
3.140
0.390 0.190 0.280
0.270
1.097 0.810
—
—
1.590 1.062 1.300
1.300
0.930 0.650 0.900
0.900
1.380 0.966 1.290
1.220
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
YEAR
HIGH
0.030
62.2
-0.005
2
UNCH 1460.2
-0.050
75
-0.010
36.5
0.080
185.7
UNCH
975
—
—
-0.005
120.9
0.010
65.6
0.005
5.5
-0.180 3669.5
-0.005
66
—
—
-0.010
702
0.020 1031.8
—
—
-0.030
38
-0.005
158.7
UNCH
6
0.020
62.7
-0.070
347.6
-0.090 5363.6
0.130 1559.2
0.030 2829.1
-0.005
771.1
UNCH
3.7
—
—
0.005
10.4
—
—
UNCH
78
0.060
159.9
—
—
-0.010
19.4
0.050
52.7
—
—
UNCH
446
-0.010
53.9
-0.220 13196.1
—
—
UNCH
6.1
UNCH
84.2
UNCH
307.1
-0.030
10
—
—
-0.010 5768.3
0.005
713.9
0.005
30
-0.020
32.6
0.080
845.7
-0.005
23.4
—
—
—
—
0.020 2764.9
0.030
42
—
—
-0.010
147.9
-0.035
13
6.487
9.51
0.930 16.17
1.517
8.78
3.002 19.40
0.831
—
10.90 13.04
0.347
—
— 22.27
0.973 32.99
0.236 612.50
0.435
—
3.555
—
0.554 10.13
—
—
1.348 22.98
2.149 21.63
— 23.29
0.719
—
0.388
—
1.750
—
2.300 14.42
1.761
9.48
3.008 19.67
5.240 13.13
0.345
2.61
0.520
6.72
14.73 17.90
—
—
0.115
—
—
—
1.763
7.96
1.238
0.52
—
—
2.970 16.91
2.875 12.14
— 42.94
2.424 12.72
1.969 23.00
5.623 19.40
— 98.48
0.150 16.85
1.600 14.06
4.994 27.03
1.145
7.73
—
—
1.316 23.23
0.811
8.36
0.345
—
1.748
8.42
2.688 21.78
0.518
—
— 87.27
— 18.66
1.468 18.94
1.055 12.74
— 13.03
0.178
—
0.538
—
1.84
6.45
1.50
3.11
—
2.02
—
—
3.09
—
4.60
—
1.26
—
1.46
1.18
3.50
—
—
2.86
3.46
2.82
1.68
3.77
—
—
4.06
4.03
—
—
—
—
—
2.35
2.77
—
3.29
6.12
1.78
1.54
—
6.25
1.80
2.19
—
4.35
5.56
—
1.72
3.39
—
—
4.65
1.25
1.89
2.50
—
—
561.1
67.7
475.6
396.0
60.7
2,507.0
30.2
83.8
183.9
122.5
34.8
1,050.0
104.1
22.0
1,495.5
524.3
32.0
293.6
34.6
365.8
277.2
141.6
2,020.1
1,964.9
155.8
91.8
1,827.1
5.0
17.1
14.1
70.6
52.1
58.9
313.7
278.9
62.3
266.0
249.8
7,047.8
69.6
34.3
632.0
726.0
91.2
86.2
1,531.1
627.7
29.1
232.0
898.8
48.1
19.2
516.0
702.8
294.9
128.0
64.4
54.3
— 16.75
0.571 13.01
—
6.01
0.520
—
0.412 14.44
0.955 13.68
0.961
4.63
—
6.64
1.000 10.07
1.106 47.01
0.517
—
2.203
5.95
4.738 17.18
0.841 180.85
0.842
4.02
—
—
—
—
1.955 14.20
3.410 15.60
0.664
—
—
—
1.050 23.97
0.236 28.92
1.697
9.98
0.922 55.42
1.532
7.65
— 64.10
— 17.27
—
5.22
1.119
7.87
0.312
—
1.185
—
2.291 12.22
0.385 17.34
1.339 29.30
1.402 11.11
0.120 19.84
3.460 11.95
0.686
8.19
1.394 14.04
0.375
3.52
0.359 12.00
1.200 10.48
0.510 11.56
1.624 10.97
0.742
—
0.230
3.16
—
3.51
5.74
0.58
4.88
3.19
3.91
1.95
2.50
1.82
2.45
2.27
2.53
—
—
1.87
1.16
1.35
2.50
—
—
—
—
1.75
—
2.50
—
2.16
—
2.97
—
7.56
1.73
2.60
3.62
5.71
—
5.16
1.84
—
—
0.50
—
1.76
1.20
—
—
14.7
275.6
185.4
418.1
95.8
324.7
169.8
142.8
535.0
941.0
168.3
517.2
11,428.1
332.3
291.3
10.8
25.4
1,124.6
12,168.1
345.8
90.6
460.3
45.1
220.3
922.5
456.9
204.7
97.2
25.5
719.2
73.0
657.4
1,087.1
251.8
126.0
472.4
39.6
568.1
526.3
1,810.1
120.1
173.0
79.6
88.1
1,969.8
86.9
194.3
—
32.79
2.00
—
2.14
1.23
—
—
4.31
1.48
—
1.60
2.27
4.72
6.25
—
3.76
3.39
2.78
—
—
3.24
4.48
2.53
1.10
—
—
5.70
—
—
5.38
—
1.00
—
5.66
1.90
1.28
3.33
3.70
—
3.03
—
6.48
7.00
—
1.40
2.38
1.44
—
2.10
—
—
1.57
—
3.89
3.08
—
0.80
995.6
125.0
3,510.0
32.8
3,896.2
10,270.4
351.3
26.3
1,525.5
121.8
97.7
5,983.6
73.0
13,793.3
1,116.1
110.2
51,581.2
112.2
593.6
192.8
68.7
3,128.0
2,530.6
1,845.9
769.6
3,500.2
94.0
4,134.2
429.5
236.3
4,033.3
120.4
435.4
347.6
297.4
50.4
75.1
64.8
99.2
96.0
410.3
156.2
947.3
400.0
527.1
8,175.3
630.6
1,566.0
68.8
539.3
12.9
71.6
2,586.9
198.6
167.0
169.0
82.7
378.2
2.500
0.704
1.537
0.340
0.450
2.977
1.829
4.620
9.266
1.748
0.503
2.400
0.070
0.410
7.520
3.120
3.467
0.027
0.865
6.700
0.910
1.630
0.375
1.980
0.600
0.450
2.000
0.408
1.944
4.400
1.557
0.610
0.395
0.480
0.350
0.800
1.920
2.708
1.855
0.190
7.090
1.426
3.457
1.819
0.685
1.000
2.630
1.640
9.410
2.754
0.540
0.125
0.280
0.415
2.380
1.160
4.520
0.135
1.007
0.831
1.759
0.155
2.750
0.501
0.778
2.346
1.420
0.175
1.556
1.570
0.725
0.250
7.047
26.300
0.250
7.269
0.270
0.430
5.116
3.270
3.310
0.202
0.200
0.410
0.921
0.935
0.660
0.205
2.288
0.305
0.655
1.310
1.470
1.810
9.343
0.900
2.985
1.530
2.527
3.427
0.265
2.658
0.525
1.688
2.219
16.581
1.850
0.575
0.455
7.526
0.750
1.500
0.560
3.006
1.321
3.100
2.860
1.515
0.750
2.620
0.745
3.010
0.550
4.610
1.460
0.130
3.236
0.835
1.668
FINANCE
14.355
2.961
4.727
13.200
13.400
6.243
1.970
4.148
8.811
6.282
0.500
1.382
14.037
12.358
16.614
2.300
1.035
0.890
0.215
2.650
0.764
16.320
0.965
3.195
9.190
2.189
4.180
2.140
1.499
19.645
0.330
8.056
0.763
4.143
2.023
9822
7811
5170
7247
9237
4731
7239
7366
7073
5145
5163
4324
5181
7115
7155
7248
7132
5665
7143
6904
7207
7235
7106
5012
4022
5149
4448
4448P
5178
7097
7439
9741
6378
7034
7374
7854
7285
5010
7113
7173
4359
7100
7133
7227
4995
6963
5142
7226
7111
7231
7050
7025
5009
4243
7245
5048
7020
7014
SAM
SAPIND
SCABLE
SCGM
SCIB
SCIENTX
SCNWOLF
SCOMIEN
SEACERA
SEALINK
SEB
SHELL
SIGGAS
SKBSHUT
SKPRES
SLP
SMISCOR
SSTEEL
STONE
SUBUR
SUCCESS
SUPERLN
SUPERMX
TAANN
TADMAX
TAS
TASEK
TASEK-PA
TATGIAP
TAWIN
TECGUAN
TECNIC
TEKALA
TGUAN
TIENWAH
TIMWELL
TOMYPAK
TONGHER
TOPGLOV
TOYOINK
TURIYA
UCHITEC
ULICORP
UMSNGB
VERSATL
VS
WASEONG
WATTA
WEIDA
WELLCAL
WONG
WOODLAN
WTHORSE
WTK
WZSATU
YILAI
YKGI
YLI
6.500
0.930
1.500
3.000
0.825
10.900
0.345
0.245
0.970
0.245
0.435
3.500
0.555
0.550
1.340
2.120
0.715
0.700
0.385
1.750
2.310
1.770
2.970
5.300
0.350
0.510
14.780
14.900
0.110
0.220
1.760
1.290
0.385
2.980
2.890
0.700
2.430
1.960
5.620
0.650
0.150
1.600
5.000
1.140
0.735
1.310
0.810
0.345
1.740
2.710
0.525
0.480
2.150
1.460
1.060
0.800
0.185
0.535
7007
7078
6173
5190
5932
8761
8591
7528
5253
8877
7047
9261
5398
5226
5169
5169PA
5169PB
6238
3336
5268
8834
4723
9083
7161
3565
5171
9628
5129
5006
9571
5924
5085
5703
8311
7055
5070
7145
9598
5205
5263
9717
5054
5622
5042
9679
7028
2283
ARK
AZRB
BDB
BENALEC
BPURI
BREM
CRESBLD
DKLS
ECONBHD
EKOVEST
FAJAR
GADANG
GAMUDA
GBGAQRS
HOHUP
HOHUP-PA
HOHUP-PB
HSL
IJM
IKHMAS
IREKA
JAKS
JETSON
KERJAYA
KEURO
KIMLUN
LEBTECH
MELATI
MERGE
MITRA
MTDACPI
MUDAJYA
MUHIBAH
PESONA
PLB
PRTASCO
PSIPTEK
PTARAS
SENDAI
SUNCON
SYCAL
TRC
TRIPLC
TSRCAP
WCT
ZECON
ZELAN
0.320
0.570
0.610
0.515
0.410
0.940
0.960
1.540
1.000
1.100
0.510
2.200
4.750
0.850
0.840
1.340
1.290
1.930
3.400
0.665
0.530
1.050
0.240
1.710
0.920
1.520
1.500
0.810
0.380
1.120
0.315
1.190
2.310
0.385
1.380
1.400
0.125
3.490
0.680
1.400
0.375
0.360
1.200
0.505
1.640
0.730
0.230
—
-0.010
—
-0.005
UNCH
0.005
UNCH
—
UNCH
-0.020
UNCH
UNCH
0.080
0.010
-0.010
—
—
UNCH
0.010
0.025
—
UNCH
0.005
-0.010
-0.005
UNCH
—
—
—
0.010
0.015
0.010
0.060
-0.010
0.150
-0.030
0.005
0.040
UNCH
0.040
0.005
0.010
UNCH
-0.005
0.020
-0.010
UNCH
—
11
—
220.2
113.5
128.8
167.2
—
638.6
215.5
41
845.1
8380.8
307.2
676.4
—
—
1104
2570.4
1636.6
—
675.6
387.8
32.2
23
443.5
—
—
—
382
64
400
931.9
264.4
9
1030.6
621.6
8.1
55.4
2172.8
225.4
233
13.4
10.1
879.6
27.9
218.5
5238
5166
6599
7315
5099
5014
5115
0159
6351
7083
5194
5210
1481
6399
7048
7579
6888
5021
7251
7241
6998
5032
5248
3395
5196
4219
6025
1562
7036
9474
2771
5257
5245
2925
7117
7209
7016
5104
5136
5037
5184
0091
5141
5132
7212
7277
5908
5216
2097
5259
5036
7471
1368
0064
5081
5208
7189
5056
AAX
AEGB
AEON
AHB
AIRASIA
AIRPORT
ALAM
AMEDIA
AMWAY
ANALABS
APFT
ARMADA
ASB
ASTRO
ATLAN
AWC
AXIATA
AYS
BARAKAH
BHS
BINTAI
BIPORT
BJAUTO
BJCORP
BJFOOD
BJLAND
BJMEDIA
BJTOTO
BORNOIL
BRAHIMS
BSTEAD
CARIMIN
CARING
CCB
CENTURY
CHEETAH
CHUAN
CNI
COMPLET
COMPUGT
CYPARK
DAYA
DAYANG
DELEUM
DESTINI
DIALOG
DKSH
DSONIC
EASTLND
EATECH
EDARAN
EDEN
EDGENTA
EFFICEN
EIG
EITA
EKIB
ENGTEX
0.240
0.305
2.500
0.205
1.400
6.190
0.380
0.110
9.280
2.030
0.225
1.020
0.110
2.650
4.400
0.425
5.850
0.295
0.720
0.460
0.320
6.800
2.210
0.395
2.040
0.700
0.400
3.060
0.145
1.000
3.900
0.515
2.000
3.450
0.795
0.395
0.445
0.090
0.810
0.045
1.650
0.090
1.080
1.000
0.575
1.570
4.000
1.160
0.280
1.070
0.215
0.230
3.180
0.280
0.900
1.300
0.900
1.250
UNCH
-0.005
0.020
—
0.020
0.020
0.015
UNCH
0.080
-0.010
-0.005
0.010
UNCH
0.030
—
UNCH
0.130
—
0.010
UNCH
UNCH
—
0.080
0.015
UNCH
UNCH
UNCH
0.040
UNCH
0.020
UNCH
UNCH
UNCH
0.050
UNCH
—
—
0.005
0.005
UNCH
UNCH
UNCH
0.030
0.035
0.005
0.040
-0.060
0.020
-0.005
0.040
0.005
UNCH
0.030
0.010
—
0.020
UNCH
0.020
29569
613.5
260.4
—
9017.8
1523.1
2404
251.8
1.9
1
19395.9
7070.4
1
2908.3
—
1065
16365.3
—
561.6
1151.8
2127.2
—
5832.1
31807.3
957.5
6
17
921.5
23108.9
36.2
169.7
24
73.7
38.6
803.5
—
—
40
5
6245.7
56
10431.5
2393.4
646.1
391.7
2944.9
35.5
4820.8
16.1
1408.2
10
172.3
167.2
1007.3
—
19
10
1376.7
VWAP*
(RM)
0.240
0.301
2.496
—
1.402
6.205
0.374
0.111
9.283
2.030
0.225
1.025
0.113
2.652
—
0.432
5.840
—
0.727
0.462
0.323
—
2.197
0.387
2.041
0.699
0.399
3.049
0.145
0.984
3.832
0.508
1.986
3.438
0.801
—
—
0.090
0.810
0.043
1.645
0.090
1.093
1.000
0.573
1.562
3.921
1.145
0.271
1.078
0.215
0.230
3.180
0.276
—
1.300
0.900
1.240
—
—
20.59
24.70
—
13.93
7.06
—
18.59
12.30
—
—
—
25.26
24.32
13.98
18.81
9.83
15.25
—
—
25.51
12.33
2.29
36.89
—
—
12.68
13.68
—
13.10
—
33.06
7.69
6.80
41.15
1112
—
38.57
—
7.63
—
5.03
7.99
23.47
27.50
14.33
33.24
1.99
17.95
33.59
—
11.19
31.46
11.38
8.64
14.93
8.48
YEAR
LOW
DAY
HIGH
DAY
LOW
1.500 2.500
2.380
0.435 0.460
0.450
1.217
—
—
0.145 0.180
0.175
0.110 0.165
0.165
1.892 2.350
2.260
0.815 1.690
1.670
3.722 4.520
4.360
6.510 7.800
7.600
1.034 1.580
1.570
0.380 0.405
0.385
1.803 2.400
2.360
0.060
—
—
0.265 0.285
0.285
3.466 7.520
7.300
1.420 2.810
2.750
2.850
—
—
0.005 0.015
0.005
0.250 0.395
0.380
5.113 6.600
6.560
0.647 0.785
0.785
0.830 1.000
0.950
0.205 0.215
0.215
1.450 1.860
1.860
0.355 0.360
0.360
0.290 0.365
0.360
1.638 1.800
1.770
0.250 0.285
0.280
1.350 1.370
1.370
3.719 4.360
4.320
1.010 1.020
1.010
0.350 0.565
0.540
0.190 0.220
0.210
0.235 0.260
0.255
0.120 0.280
0.275
0.500 0.660
0.660
0.843 1.780
1.740
2.430 2.520
2.480
1.165 1.610
1.600
0.135 0.160
0.150
5.560 6.170
5.970
0.575 0.605
0.585
1.940 2.240
2.150
0.997 1.300
1.260
0.484 0.670
0.660
0.650 0.775
0.740
1.886 2.320
2.290
0.875 0.940
0.910
7.415 8.500
8.410
1.490 1.790
1.710
0.330 0.430
0.430
0.060 0.070
0.065
0.155 0.180
0.175
0.245 0.260
0.255
1.241 2.330
2.270
0.560
—
—
2.397
—
—
0.070
—
—
0.645 0.830
0.830
0.590 0.690
0.675
1.231 1.580
1.560
0.085 0.110
0.110
0.749 2.270
2.220
0.378 0.425
0.425
0.449 0.575
0.570
0.950 0.965
0.950
0.896 1.220
1.210
0.055 0.060
0.060
0.841 1.130
1.100
0.995
—
—
0.230 0.290
0.280
0.135
—
—
3.980 6.500
6.470
16.492 26.040 25.220
0.030
—
—
4.593 6.330
6.130
0.175 0.180
0.180
0.220
—
—
2.160 2.280
2.250
1.565 2.950
2.900
2.460 2.560
2.520
0.103
—
—
0.100 0.175
0.165
0.340 0.400
0.390
0.555 0.580
0.570
0.572 0.810
0.795
0.460 0.500
0.500
0.090 0.120
0.115
1.556 2.150
2.000
0.135 0.155
0.145
0.205 0.215
0.205
0.767 1.270
1.270
1.280 1.300
1.280
1.299 1.510
1.480
6.535 7.820
7.450
0.720
—
—
1.360 1.880
1.820
1.340 1.390
1.350
2.290 2.360
2.340
2.448 2.600
2.520
0.100 0.120
0.115
1.877 2.180
2.170
0.330 0.345
0.345
1.210 1.480
1.460
1.500 1.540
1.530
10.103 13.400 13.120
1.125 1.620
1.600
0.300 0.320
0.320
0.130 0.150
0.145
5.908 6.670
6.510
0.460 0.665
0.655
0.882 1.290
1.250
0.340
—
—
2.622
—
—
0.900 1.000
0.990
2.300
—
—
0.860 1.020
0.985
1.160 1.200
1.190
0.500 0.575
0.560
1.560 1.720
1.690
0.360
—
—
2.230
—
—
0.425
—
—
3.263 4.000
3.930
0.755 1.080
1.060
0.025 0.040
0.040
2.310 2.760
2.720
0.434 0.775
0.760
1.349 1.560
1.530
10.780
2.073
3.070
9.900
9.900
4.126
1.298
3.170
7.480
3.930
0.310
1.230
11.650
7.327
12.153
1.778
0.572
0.765
0.110
1.551
0.460
14.300
0.621
2.650
8.180
1.260
2.890
1.290
1.245
17.040
0.250
5.010
0.505
3.654
1.100
10.940
2.160
3.390
10.180
—
4.330
1.860
3.340
8.410
4.110
0.320
1.280
13.300
—
13.980
2.190
0.690
0.885
0.115
—
0.485
15.680
0.925
—
8.580
1.420
3.010
1.550
1.420
18.500
0.280
5.460
0.520
3.860
1.210
10.860
2.140
3.320
9.900
—
4.300
1.850
3.220
8.290
4.040
0.310
1.270
12.980
—
13.900
2.190
0.680
0.880
0.110
—
0.480
15.580
0.910
—
8.440
1.390
3.010
1.530
1.410
18.380
0.270
5.360
0.510
3.800
1.180
CODE
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
5509
4464
5533
0172
5201
3018
5260
8419
5125
5657
5041
6254
5133
7108
0047
7080
5219
5681
7027
7081
7201
7163
4634
5204
8346
5272
0037
8885
8567
5147
7185
9113
0099
7158
7045
7053
9792
5250
4197
9431
5218
5242
6084
9865
1201
6521
5173
8524
5140
5347
8702
7228
7206
4863
0101
8397
7218
5711
5167
7137
5243
7091
5754
7250
7240
5016
7692
5246
5267
7122
7293
7066
4677
5139
5185
2488
1163
1163PA
1015
5088
5258
1818
1023
2143
5228
5819
5274
1082
6688
3379
3379PA
3441
5096
6483
8621
1198
1058
1155
1171
6459
5237
6009
1295
9296
1066
4898
6139
5230
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
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
NCB
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
2.400
0.460
1.410
0.175
0.165
2.340
1.670
4.520
7.800
1.570
0.405
2.400
0.065
0.285
7.350
2.760
3.000
0.010
0.385
6.590
0.785
1.000
0.215
1.860
0.360
0.360
1.790
0.285
1.370
4.360
1.020
0.545
0.215
0.260
0.280
0.660
1.750
2.500
1.610
0.160
6.150
0.590
2.240
1.300
0.665
0.775
2.320
0.920
8.490
1.770
0.430
0.070
0.180
0.255
2.290
0.750
4.380
0.080
0.830
0.685
1.560
0.110
2.260
0.425
0.575
0.950
1.210
0.060
1.130
1.540
0.280
0.145
6.480
25.600
0.055
6.150
0.180
0.230
2.280
2.950
2.520
1.600
0.165
0.400
0.575
0.795
0.500
0.115
2.130
0.155
0.210
1.270
1.300
1.510
7.780
0.730
1.850
1.390
2.360
2.600
0.115
2.170
0.345
1.480
1.530
13.160
1.620
0.320
0.145
6.590
0.655
1.260
0.340
2.800
0.990
2.800
0.990
1.200
0.575
1.690
0.690
2.400
0.445
3.990
1.080
0.040
2.740
0.760
1.530
0.030
0.005
—
-0.005
0.025
0.040
-0.010
0.160
0.250
-0.010
UNCH
UNCH
—
-0.010
0.050
-0.020
—
UNCH
0.005
0.020
0.025
0.045
-0.005
0.020
-0.030
-0.005
0.010
0.010
0.010
UNCH
UNCH
-0.010
0.005
0.005
0.005
UNCH
0.010
0.010
0.010
0.010
0.210
0.010
0.020
0.040
0.005
0.020
0.050
UNCH
0.050
0.070
UNCH
UNCH
UNCH
UNCH
0.030
—
—
—
UNCH
0.010
UNCH
0.005
0.020
-0.010
0.010
-0.020
-0.010
UNCH
0.050
—
0.010
—
-0.010
0.360
—
UNCH
-0.005
—
0.050
0.040
-0.120
—
0.005
0.005
-0.005
0.010
-0.045
-0.005
0.130
0.010
0.005
UNCH
UNCH
0.030
0.380
—
0.100
0.020
UNCH
0.100
UNCH
-0.030
0.005
UNCH
-0.010
0.040
-0.020
-0.015
UNCH
0.020
UNCH
-0.020
—
—
-0.010
—
0.015
0.010
0.030
0.030
—
—
—
0.040
-0.010
UNCH
0.020
-0.010
0.010
851
442.6
—
9204.5
1
1042.7
401.6
8088.5
2898.7
66.9
36.2
6.9
—
36
2254.4
101
—
344472
1711.4
5401.3
3
15
150
2.4
1
90
591.8
50
4
554.2
208
630.8
2263.3
381
78.8
22.7
231.2
469.1
3953.9
3074.4
12227.5
838.5
4
736.3
503.2
3.1
25
1027.3
8058.9
1031.3
35
8543.6
37.4
692.7
9886.8
—
—
—
2
429.5
88.1
289.4
386.1
20
217.6
1952
102.5
155
18
—
13317.8
—
198.5
321.5
—
4.8
0.3
—
409.2
95.5
13
—
38191.4
31.4
1242.2
4.1
10
72.6
1274.8
3195.7
1066.6
8
322.2
264.9
2888.5
—
26538.6
159.8
134.4
59.5
6897.1
27
60
620
99.8
12386.5
73.4
20
2527.4
5948.7
16
125.8
—
—
2.5
—
4532.6
143.5
20
246.1
—
—
—
4094.5
126.7
100
973.2
600.3
7587.7
AEONCR
AFFIN
AFG
ALLIANZ
ALLIANZ-PA
AMBANK
APEX
BIMB
BURSA
CIMB
ECM
ELKDESA
HLBANK
HLCAP
HLFG
HWANG
INSAS
INSAS-PA
JOHAN
KAF
KENANGA
LPI
MAA
MANULFE
MAYBANK
MBSB
MNRB
MPHBCAP
P&O
PBBANK
RCECAP
RHBCAP
TA
TAKAFUL
TUNEPRO
10.920
2.140
3.380
9.900
10.100
4.330
1.850
3.310
8.370
4.100
0.320
1.280
13.100
10.100
13.920
2.190
0.685
0.885
0.115
2.480
0.480
15.680
0.925
2.870
8.570
1.420
3.010
1.550
1.420
18.480
0.275
5.410
0.520
3.860
1.200
0.020
94.2
UNCH
156.2
0.030 1990.5
UNCH
36.4
—
—
0.040
965.5
UNCH
47
0.070 1927.6
0.170
546.1
0.080 8767.5
0.005
61.4
UNCH
81.4
0.100
535.6
—
—
0.080
336.7
0.010
7.2
UNCH
357
0.005
226.3
UNCH
58
—
—
-0.005
68.5
0.040
15.8
0.015
311.9
—
—
0.130 12893.4
0.030
428.5
0.010
14
0.010
71.5
-0.010
39.5
0.100 5757.4
0.020 5069.2
0.060 1538.7
0.010
173.6
-0.010
278
0.020
740.8
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
2.441
5.81
0.451 19.17
— 11.44
0.175 15.49
0.165
—
2.289 25.22
1.677 67.34
4.459 20.85
7.757 21.92
1.570 12.21
0.396 61.36
2.394 14.75
—
—
0.285
7.92
7.409 15.49
2.767
9.87
— 12.12
0.010
—
0.386 21.51
6.580 71.24
0.785
—
0.950
7.99
0.215
—
1.860
3.17
0.360 10.88
0.363
—
1.789
9.93
0.283 15.92
1.370
5.75
4.357 28.07
1.019
6.92
0.553
5.92
0.217 11.26
0.257
—
0.276 30.77
0.660
—
1.765 14.93
2.502 14.25
1.603
3.29
0.155
8.56
6.129 28.59
0.593
—
2.186
8.33
1.272 18.65
0.666
8.61
0.761 101.97
2.314
6.70
0.919 16.64
8.469 14.18
1.724
3.33
0.430
8.14
0.070 41.18
0.175
—
0.255
3.18
2.299 64.33
—
—
— 39.46
—
—
0.830 12.22
0.683 18.66
1.577 14.72
0.110
4.23
2.250 28.50
0.425 13.67
0.572
9.23
0.953 21.21
1.218 13.77
0.060
—
1.117
8.36
—
—
0.283
9.12
—
—
6.486 18.47
25.70 36.44
—
0.38
6.193 15.21
0.180 16.07
—
—
2.255 13.29
2.919 87.80
2.529
2.67
— 186.05
0.169 10.38
0.393
—
0.574 20.32
0.806 15.56
0.500
6.22
0.120
—
2.065 20.36
0.150
5.27
0.210
8.30
1.270
—
1.288 27.03
1.498 31.13
7.734 22.46
— 45.06
1.847 17.72
1.377 25.93
2.354 16.60
2.557 19.53
0.119
6.61
2.171
4.78
0.345 44.23
1.475 40.77
1.530
9.97
13.16 12.93
1.614 25.76
0.320
—
0.149
—
6.598 33.81
0.656 57.96
1.274
8.03
— 36.56
— 15.14
0.998
9.34
—
7.12
0.996 19.64
1.190 13.33
0.568
—
1.703 28.03
—
—
—
—
— 20.89
3.974 26.58
1.070 11.21
0.040
—
2.729 10.01
0.762
—
1.540 15.82
3.13
5.96
3.55
—
—
4.94
0.60
1.39
0.51
2.23
1.48
6.25
—
—
2.72
1.99
5.00
—
—
0.46
4.46
—
—
7.46
—
—
4.75
3.51
3.65
1.80
3.92
—
—
—
—
—
2.86
7.00
—
1.25
5.04
1.69
3.57
7.69
6.33
—
3.45
—
1.59
1.98
2.33
—
—
—
0.41
—
1.60
—
2.41
—
3.85
—
—
5.29
3.65
—
3.10
—
1.77
1.30
—
—
1.08
1.56
—
5.69
2.11
—
5.75
1.10
—
—
1.52
—
5.22
4.09
9.00
—
3.76
—
—
3.54
10.00
1.66
3.21
1.37
1.09
2.16
6.36
2.31
—
3.23
—
4.39
2.94
2.20
9.26
—
—
3.44
0.21
3.17
—
1.34
5.05
2.14
1.01
3.75
—
2.24
—
2.92
—
2.78
—
—
0.55
—
6.21
349.3
220.9
244.1
184.4
21.1
3,004.6
2,087.0
26,840.0
29,196.9
471.6
95.6
485.3
5.2
45.6
16,536.6
502.3
205.5
97.4
453.2
54,193.5
139.8
72.5
32.6
260.4
71.3
45.4
495.7
62.7
136.5
4,598.6
509.0
80.6
86.6
144.7
50.8
152.8
463.9
3,594.4
8,050.0
168.7
46,187.3
590.0
875.2
1,442.0
1,122.0
32.6
565.0
1,472.0
37,897.6
5,389.8
70.0
53.1
527.9
600.8
5,505.6
45.1
2,059.7
69.1
85.4
542.7
722.7
112.6
501.7
119.0
354.5
1,039.2
400.8
52.2
363.6
1,198.8
337.3
28.4
1,203.9
25,432.4
2.8
1,592.1
118.4
11.5
1,224.4
1,427.8
252.0
905.6
216.5
343.4
389.7
108.1
92.3
21.8
757.1
243.1
491.8
66.4
972.5
1,862.4
49,224.6
29.6
11,085.5
230.1
1,743.0
158.6
403.7
625.4
414.0
1,790.0
306.0
74,269.9
201.0
122.1
162.6
24,764.8
1,135.0
530.1
13.9
191.8
106.9
113.9
2,140.4
154.3
63.7
491.7
91.1
161.3
19.9
13,605.9
194.4
24.4
2,994.3
121.9
16,514.8
5.44
4.90
4.26
0.51
0.59
4.69
6.49
3.69
4.12
1.95
—
5.64
3.03
0.84
2.70
4.57
1.46
4.52
—
4.03
2.08
4.46
6.49
3.48
6.65
—
—
—
6.62
3.03
5.45
1.07
3.46
3.72
3.37
1,572.5
4,157.9
5,232.6
1,676.2
929.7
13,051.4
395.1
5,258.5
4,474.7
34,961.8
91.7
236.5
28,397.1
2,493.7
15,973.4
558.8
474.9
117.4
71.6
297.6
351.2
5,205.5
270.7
580.8
83,658.2
4,030.7
641.3
1,108.3
349.3
71,741.9
375.0
16,634.0
890.2
3,149.1
902.1
10.910
2.149
3.379
10.00
—
4.316
1.850
3.274
8.358
4.083
0.315
1.280
13.10
—
13.927
2.190
0.684
0.885
0.114
—
0.482
15.639
0.919
—
8.548
1.404
3.010
1.545
1.412
18.44
0.277
5.408
0.518
3.838
1.198
54.33
8.66
10.83
5.65
—
7.84
22.81
9.37
22.50
15.54
4.48
8.68
10.94
32.98
9.21
11.69
11.83
—
—
50.72
—
16.22
—
12.98
11.28
5.73
12.79
20.29
7.99
14.80
10.26
8.60
—
20.19
13.26
PROP
1
1
0
0
0
0
0
1
2
2
2
1
2
0
2
1
2
1
0
0
0
0
1
1
0
2
2
0
1
2
2
0
1
0
0
1
2
0
1
1
0
1
1
0
2
1
0
0
0
0
2
0
0
1
1
0
3
2
2
2
0
1
2
0
1
1
1
0
3
0
1
6
3
1
3
0
0
8
0
1
0
0
0
1
1
1
2
1
1
2
0
MINI
1
PLAN
1
18
9
1
0
9
0
8
2
11
1
1
1
2
3
0
0
4
24
3
3
0
3
2
1
1
2
5
0
1
0
4
3
0
5
2
0
1
1
2
6
27
HOTE
0
1
0
6
TECH
1
0
0
0
0
0
0
1
0
2
1
0
0
6
0
3
0
0
5
0
10
1
* Volu
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET
AP
IL)
9.3
0.9
4.1
4.4
1.1
4.6
7.0
0.0
6.9
1.6
5.6
5.3
5.2
5.6
6.6
2.3
5.5
7.4
3.2
3.5
9.8
2.5
2.6
0.4
1.3
5.4
5.7
2.7
6.5
8.6
9.0
0.6
6.6
4.7
0.8
2.8
3.9
4.4
0.0
8.7
7.3
0.0
5.2
2.0
2.0
2.6
5.0
2.0
7.6
9.8
0.0
3.1
7.9
0.8
5.6
5.1
9.7
9.1
5.4
2.7
2.7
2.6
1.7
9.0
4.5
9.2
0.8
2.2
3.6
8.8
7.3
8.4
3.9
2.4
2.8
2.1
8.4
1.5
4.4
7.8
2.0
5.6
6.5
3.4
9.7
8.1
2.3
1.8
7.1
3.1
1.8
6.4
2.5
2.4
4.6
9.6
5.5
0.1
3.0
8.6
3.7
5.4
4.0
0.0
6.0
9.9
1.0
2.1
2.6
4.8
5.0
0.1
3.9
1.8
6.9
3.9
0.4
4.3
3.7
1.7
1.1
1.3
9.9
5.9
4.4
4.4
4.3
1.9
4.8
2.5
7.9
2.6
6.2
9.7
1.4
5.1
8.5
4.7
1.8
1.7
6.5
7.1
3.7
3.4
8.8
4.9
7.4
1.6
7.6
1.2
5.5
0.7
0.8
8.2
0.7
1.3
8.3
9.3
1.9
5.0
4.0
0.2
9.1
2.1
YEAR
HIGH
YEAR
LOW
PROPERTIES
1.011 0.693
1.157 0.775
0.507 0.354
0.295 0.155
0.680 0.540
0.820 0.480
0.909 0.721
1.420 0.900
2.478 1.590
2.648 1.434
2.692 1.939
1.080 0.430
2.310 1.380
0.375 0.210
2.100 1.170
1.520 0.710
2.950 1.750
1.000 0.655
0.626 0.445
0.969 0.710
0.502 0.332
0.665 0.425
1.150 0.860
1.459 1.005
0.750 0.430
2.097 1.589
2.890 1.770
0.668 0.455
1.313 0.950
2.884 2.260
2.350 1.735
0.480 0.315
1.400 0.745
0.340 0.185
0.080 0.040
1.237 0.850
2.273 1.200
0.548 0.324
1.548 1.161
1.516 1.179
0.390 0.230
1.163 0.788
1.692 1.250
0.992 0.607
2.692 2.032
1.405 1.032
0.670 0.495
0.930 0.555
0.440 0.275
0.294 0.190
2.996 1.842
0.457 0.286
0.280 0.145
1.482 0.775
1.630 0.915
0.400 0.265
3.342 1.950
2.980 1.314
2.029 1.500
2.051 1.374
0.580 0.280
1.508 1.280
2.411 1.679
0.320 0.195
1.730 0.715
1.201 0.625
1.035 0.855
0.765 0.450
3.308 2.740
0.205 0.140
1.146 0.790
6.000 4.500
3.501 2.820
1.189 0.810
3.469 2.890
0.845 0.690
0.339 0.225
8.648 6.000
0.090 0.050
1.827 1.133
0.195 0.105
0.760 0.335
0.119 0.062
1.993 1.419
1.099 0.789
1.401 0.755
2.200 1.680
1.647 1.113
1.764 0.698
2.034 1.535
0.840 0.595
MINING
1.440 1.140
PLANTATIONS
1.810 1.000
18.438 16.900
9.500 7.612
1.600 1.074
0.830 0.685
9.141 7.530
0.605 0.380
8.194 6.910
2.866 1.166
11.440 8.494
1.940 0.960
1.370 0.886
1.240 0.790
2.573 1.922
3.754 2.990
0.745 0.605
0.741 0.545
4.874 3.652
24.000 19.600
3.639 2.891
3.380 2.146
0.545 0.345
3.930 2.410
2.000 1.430
1.860 1.500
1.028 0.800
2.850 1.930
5.033 3.972
0.350 0.200
1.220 0.800
0.675 0.465
4.050 3.442
3.329 2.653
0.800 0.560
5.541 3.610
2.330 1.700
0.873 0.510
1.610 1.090
1.680 1.149
2.350 1.730
6.312 5.280
27.680 23.484
HOTELS
0.896 0.515
1.460 0.840
0.395 0.205
6.966 5.300
TECHNOLOGY
1.000 0.690
0.505 0.195
0.250 0.115
0.430 0.210
0.255 0.130
0.240 0.185
0.340 0.180
1.708 1.160
0.990 0.523
2.100 1.173
1.280 0.710
0.325 0.185
0.319 0.232
6.910 4.610
0.743 0.544
3.960 2.201
0.240 0.100
0.890 0.566
5.950 2.371
0.250 0.060
10.700 5.458
1.700 0.980
DAY
HIGH
DAY
LOW
0.845
0.780
0.410
0.185
—
0.530
—
—
1.640
1.600
—
0.640
1.650
0.245
1.330
—
—
0.730
0.485
0.845
—
0.480
—
1.130
0.530
1.790
2.850
0.475
1.040
2.300
2.160
0.360
0.825
0.195
0.050
—
1.280
0.345
—
1.360
0.250
1.000
1.290
0.730
2.400
1.240
0.550
0.690
—
0.200
2.170
0.360
0.205
1.160
0.970
0.335
2.560
—
1.520
1.530
0.295
—
1.730
—
1.310
0.760
—
0.520
2.800
0.145
0.850
5.410
2.910
0.865
2.960
0.735
0.235
6.150
0.055
1.300
0.120
0.335
0.080
1.640
1.050
0.980
2.070
1.220
—
1.870
0.650
0.830
0.780
0.410
0.180
—
0.530
—
—
1.600
1.600
—
0.640
1.570
0.235
1.290
—
—
0.730
0.460
0.820
—
0.470
—
1.110
0.470
1.770
2.840
0.455
1.000
2.290
2.140
0.355
0.810
0.195
0.045
—
1.250
0.340
—
1.350
0.245
0.995
1.250
0.720
2.350
1.200
0.545
0.690
—
0.190
2.120
0.355
0.205
1.130
0.970
0.315
2.500
—
1.500
1.500
0.290
—
1.730
—
1.290
0.720
—
0.510
2.770
0.145
0.850
5.390
2.850
0.845
2.920
0.720
0.235
6.150
0.050
1.280
0.110
0.335
0.075
1.600
1.000
0.950
2.050
1.180
—
1.850
0.630
CODE
COUNTER
1007
5959
1007PA
4057
6602
9814
3239
5738
6718
5049
5355
3484
3417
3557
8206
6076
8613
6815
6041
5020
9962
1147
2968
1503
7010
5062
5018
4251
5084
1597
5249
5175
1589
6769
3115
7323
5038
3174
8494
5789
3573
7617
8583
6181
5236
5182
5040
1694
8141
8141PA
6114
8893
6548
1651
9539
3913
5073
5827
5053
1724
6912
1945
5075
2208
4596
5207
2224
4286
6017
4375
5213
1783
8664
3743
5211
1538
5158
2305
2259
5191
2429
7889
7079
5239
5401
5148
5200
2976
7003
3158
2577
AMPROP
A&M
AMPROP-PA
ASIAPAC
BCB
BERTAM
BJASSET
CHHB
CRESNDO
CVIEW
DAIMAN
DBHD
E&O
ECOFIRS
ECOWLD
ENCORP
ENRA
EUPE
FARLIM
GLOMAC
GMUTUAL
GOB
GPLUS
GUOCO
HOOVER
HUAYANG
HUNZPTY
IBHD
IBRACO
IGB
IOIPG
IVORY
IWCITY
JKGLAND
KBUNAI
KEN
KSL
L&G
LBICAP
LBS
LIENHOE
MAGNA
MAHSING
MALTON
MATRIX
MCT
MEDAINC
MENANG
MJPERAK
MJPERAK-PA
MKH
MKLAND
MPCORP
MRCB
MUH
MUIPROP
NAIM
OIB
OSK
PARAMON
PASDEC
PJDEV
PLENITU
PTGTIN
SAPRES
SBCCORP
SDRED
SEAL
SHL
SMI
SNTORIA
SPB
SPSETIA
SUNSURIA
SUNWAY
SYMLIFE
TAGB
TAHPS
TALAMT
TAMBUN
TANCO
THRIVEN
TIGER
TITIJYA
TROP
UEMS
UOADEV
WINGTM
Y&G
YNHPROP
YTLLAND
CLOSING
(RM)
0.845
0.780
0.410
0.185
0.585
0.530
0.790
0.970
1.640
1.600
2.130
0.640
1.650
0.240
1.330
0.770
2.000
0.730
0.485
0.820
0.400
0.480
1.050
1.110
0.530
1.770
2.850
0.470
1.040
2.290
2.160
0.360
0.815
0.195
0.045
1.000
1.250
0.345
1.400
1.350
0.250
1.000
1.250
0.730
2.400
1.230
0.550
0.690
0.320
0.200
2.170
0.360
0.205
1.160
0.970
0.335
2.540
2.450
1.500
1.510
0.295
1.390
1.730
0.230
1.310
0.730
0.950
0.510
2.800
0.145
0.850
5.410
2.900
0.865
2.960
0.735
0.235
6.150
0.050
1.290
0.115
0.335
0.080
1.620
1.020
0.955
2.070
1.220
1.200
1.850
0.630
+/–
(RM)
VOL
(‘000)
0.010
89.2
-0.010
75
0.005
3.2
UNCH
597
—
—
0.040
1.9
—
—
—
—
-0.010
42.1
-0.010
1.5
—
—
UNCH
28.6
0.080 2904.9
0.005
444.5
0.040 1938.1
—
—
—
—
0.010
19.9
0.025
33
UNCH
269.6
—
—
0.005
794.7
—
—
-0.020
9.7
0.045
6.7
-0.010
60
UNCH
18
UNCH
350.8
0.040
43
0.010
6.2
0.020
2568
0.005
146.1
-0.005
417
UNCH
50
UNCH
426.5
—
—
-0.020 1153.1
UNCH
770.8
—
—
UNCH
404.3
UNCH
126.5
UNCH
53
-0.030
501
0.010
191.1
0.020
273.8
-0.020
751
0.010
232
-0.030
7.5
—
—
-0.005
63.6
0.050
141.6
UNCH
329.3
-0.020
15
0.030
1874
UNCH
20
0.015
420
0.050
381.2
—
—
-0.010
420.5
-0.020
100.3
0.005
91.9
—
—
0.010
2
—
—
0.010
44.4
0.020 2527.6
—
—
-0.005
65
0.020
2.7
UNCH
5
0.040
1.3
0.030
82.6
0.070
592.1
0.020
3
0.010
1442
UNCH
15.8
0.005
313
UNCH
2
-0.005
480
0.030
98.7
0.005
33
UNCH
6.7
UNCH 66378.3
-0.020
14.9
0.020 1813.8
UNCH 7309.1
UNCH
437.5
0.040
22.1
—
—
-0.010
970
UNCH
91.5
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.833
5.92
0.780 10.70
0.410
—
0.181
0.51
—
7.88
0.530
7.10
— 11.40
—
—
1.607
7.86
1.600
7.56
— 14.06
0.640
—
1.614 12.93
0.240
9.06
1.304 52.57
— 25.67
— 38.83
0.730 12.23
0.476 27.25
0.822
6.44
—
5.83
0.475
2.52
—
7.89
1.114
3.78
0.477
—
1.775
3.95
2.848 30.45
0.468 13.74
1.001 18.74
2.296 13.84
2.153
8.59
0.356
8.89
0.817 36.55
0.195
8.99
0.048
—
—
6.84
1.265
3.31
0.342
3.60
—
5.10
1.352
9.23
0.246
—
0.996
2.11
1.264
8.54
0.728
9.26
2.387
6.26
1.235 21.39
0.550
—
0.690
3.20
—
—
0.195
—
2.126 10.47
0.360
8.82
0.205
—
1.149
7.25
0.970
5.01
0.322
—
2.528
5.28
— 13.07
1.506
3.20
1.519 10.14
0.291
—
—
8.50
1.730
3.59
—
—
1.300 61.79
0.734
6.33
—
5.43
0.516
—
2.795
6.50
0.145
—
0.850 12.02
5.403
3.13
2.890 10.47
0.852 16.73
2.944
6.28
0.731 15.06
0.235 102.17
6.150 16.30
0.054
—
1.288
5.61
0.116
—
0.335
—
0.079 200.0
1.613
7.30
1.015
3.70
0.965
9.48
2.055
7.67
1.199 10.09
—
6.81
1.858 55.89
0.639 17.80
3.55
1.92
4.88
1.62
—
—
1.27
—
4.27
12.50
2.35
—
—
—
—
—
—
2.05
10.31
5.18
5.00
—
—
1.80
—
7.34
—
3.21
3.37
2.18
2.78
—
—
1.03
—
3.00
5.60
5.80
3.57
2.41
—
5.00
5.20
4.11
6.31
1.63
—
—
—
2.50
3.23
8.33
—
2.16
—
—
1.38
3.06
5.00
4.97
—
3.60
2.60
—
1.91
2.19
3.16
—
8.93
—
2.35
2.22
3.34
—
3.72
6.80
4.26
5.20
—
7.52
—
—
—
2.78
6.05
3.14
6.28
2.46
7.29
—
—
507.0
284.7
121.3
183.6
241.3
109.6
879.3
267.4
460.0
160.0
452.0
198.0
2,078.6
175.2
3,144.5
214.6
272.4
93.4
68.1
596.8
150.2
218.2
154.2
777.5
21.2
467.3
711.3
465.7
516.3
3,125.4
9,555.0
160.4
545.8
147.9
259.9
191.7
1,259.5
376.8
105.2
744.4
90.4
332.9
3,011.8
327.3
1,322.2
1,641.8
270.9
184.3
63.5
18.1
910.2
434.6
59.0
2,072.4
54.7
256.0
635.0
354.9
2,104.3
637.6
60.8
734.5
660.1
79.6
182.9
171.4
404.8
112.9
677.9
30.4
411.5
1,859.0
7,622.3
636.2
5,330.4
227.9
1,250.6
460.3
211.0
547.4
38.5
126.2
220.2
583.2
1,476.4
4,333.3
3,148.0
593.9
239.3
816.7
531.9
—
—
2186
KUCHAI
1.250
—
—
—
—
0.68
154.7
1.670
17.500
9.100
1.470
0.735
—
0.485
—
1.660
11.040
1.470
1.230
—
2.300
—
0.710
0.630
4.750
23.900
3.200
3.040
0.535
3.780
1.500
—
0.925
2.290
4.300
0.300
—
0.555
4.050
3.080
0.585
4.120
—
0.725
1.230
1.410
2.030
5.950
25.260
1.590
17.480
8.900
1.430
0.735
—
0.470
—
1.630
10.880
1.470
1.230
—
2.290
—
0.700
0.620
4.690
23.280
3.200
2.980
0.525
3.740
1.500
—
0.920
2.210
4.200
0.300
—
0.535
4.000
3.080
0.585
4.050
—
0.690
1.230
1.380
1.990
5.950
24.800
7054
1899
5069
5254
8982
1929
3948
5029
5222
2291
7382
2135
7501
5138
2216
2607
6262
1961
2445
2453
5027
1996
2003
6572
4936
5026
5047
2038
1902
9695
5113
2542
2569
4316
5126
5135
2054
5112
5251
9059
2593
2089
AASIA
BKAWAN
BLDPLNT
BPLANT
CEPAT
CHINTEK
DUTALND
FAREAST
FGV
GENP
GLBHD
GOPENG
HARNLEN
HSPLANT
IJMPLNT
INCKEN
INNO
IOICORP
KLK
KLUANG
KMLOONG
KRETAM
KULIM
KWANTAS
MALPAC
MHC
NPC
NSOP
PINEPAC
PLS
RSAWIT
RVIEW
SBAGAN
SHCHAN
SOP
SWKPLNT
TDM
THPLANT
TMAKMUR
TSH
UMCCA
UTDPLT
1.600
17.480
9.100
1.460
0.735
7.720
0.475
7.700
1.640
10.880
1.470
1.230
0.910
2.300
3.610
0.710
0.625
4.700
23.480
3.200
2.980
0.525
3.780
1.500
1.610
0.920
2.290
4.200
0.300
1.010
0.550
4.050
3.080
0.585
4.120
1.900
0.720
1.230
1.410
2.030
5.950
24.820
-0.070
-0.080
UNCH
0.030
0.010
—
0.005
—
0.020
UNCH
0.010
UNCH
—
0.060
—
0.015
-0.015
0.050
0.220
0.050
-0.060
UNCH
0.010
UNCH
—
-0.015
0.040
-0.080
0.010
—
0.020
0.050
-0.020
-0.035
0.040
—
0.035
0.020
0.020
0.030
0.020
0.020
99.9
198.9
1.1
99
8
—
474.2
—
2520.2
497
9
3
—
5
—
20
49.4
9191.8
1780.2
1
88.6
568
1366.1
1
—
109.4
9.9
2.2
20
—
1003.8
24.9
0.5
1
16.1
—
1633.4
16
281
138.6
1
61.3
1.620
17.481
8.918
1.461
0.735
—
0.478
—
1.647
10.963
1.470
1.230
—
2.296
—
0.708
0.624
4.700
23.535
3.200
3.003
0.530
3.761
1.500
—
0.920
2.267
4.209
0.300
—
0.544
4.035
3.080
0.585
4.078
—
0.710
1.230
1.390
2.000
5.950
24.80
—
14.71
41.80
29.67
14.79
23.15
6.91
16.92
—
31.28
—
30.30
—
19.30
56.85
—
15.43
—
28.74
—
12.34
—
33.93
—
—
17.90
—
—
—
—
—
32.71
—
—
34.42
12.70
28.57
38.32
7.68
—
27.33
17.67
1.25
2.86
0.44
—
2.72
2.07
—
3.90
3.66
0.60
0.68
2.44
8.79
3.48
1.66
1.54
—
1.91
1.92
0.31
4.36
—
2.51
3.33
—
2.17
0.44
1.43
—
—
—
1.48
0.65
—
1.21
4.74
2.08
1.63
10.64
1.23
2.69
1.61
192.0
7,620.4
850.9
2,336.0
234.1
705.3
401.9
1,088.7
5,983.0
8,520.4
327.7
220.6
168.8
1,840.0
3,178.9
298.7
298.8
30,370.5
25,065.0
202.2
929.2
984.4
5,170.1
467.5
120.8
180.8
274.8
294.8
44.9
330.0
780.2
262.6
204.3
67.3
1,818.2
532.0
1,066.8
1,087.1
561.4
2,731.2
1,244.8
5,165.9
0.600
0.960
0.295
5.560
0.560
0.950
0.290
5.350
5592
1643
1287
5517
GCE
LANDMRK
PMHLDG
SHANG
0.595
0.955
0.290
5.550
0.035
0.015
UNCH
0.080
46.7
38.9
269
113.7
0.600
—
0.952 140.44
0.290
—
5.508 26.24
3.36
—
—
2.16
117.2
459.2
269.4
2,442.0
—
0.265
0.130
0.350
0.195
0.190
0.240
1.550
0.905
1.950
0.775
0.255
0.250
5.650
0.610
3.340
0.130
0.755
4.970
0.190
8.110
—
—
0.255
0.125
0.345
0.180
0.190
0.230
1.540
0.850
1.920
0.755
0.250
0.250
5.580
0.610
3.270
0.130
0.725
4.850
0.170
7.980
—
7031
5195
0051
7204
8338
0029
4456
5162
0065
0090
0021
0082
0056
7022
5028
0166
9393
5161
9334
0143
3867
5011
AMTEL
CENSOF
CUSCAPI
D&O
DATAPRP
DIGISTA
DNEX
ECS
EFORCE
ELSOFT
GHLSYS
GPACKET
GRANFLO
GTRONIC
HTPADU
INARI
ITRONIC
JCY
KESM
KEYASIC
MPI
MSNIAGA
0.710
0.260
0.125
0.350
0.195
0.190
0.240
1.550
0.890
1.930
0.760
0.250
0.250
5.600
0.610
3.320
0.130
0.740
4.880
0.170
8.100
1.000
—
UNCH
0.005
0.005
0.015
-0.005
0.010
UNCH
0.030
0.010
-0.005
UNCH
0.005
-0.010
UNCH
UNCH
-0.005
-0.005
-0.070
-0.020
UNCH
—
—
268.3
66
268.4
1220.8
40
880.1
13.5
590.4
21
410.5
366.9
10
1535.9
10
4679
10.2
1046.4
48.8
1549.6
508.8
—
—
0.260
0.125
0.349
0.185
0.190
0.237
1.542
0.880
1.926
0.762
0.250
0.250
5.601
0.610
3.316
0.130
0.737
4.887
0.178
8.081
—
—
—
—
—
—
—
—
3.87
3.93
3.37
—
—
4.00
1.61
3.28
2.05
—
9.12
0.61
—
2.59
—
35.0
130.4
54.4
345.5
74.7
88.0
186.1
279.0
184.0
349.6
493.9
172.6
120.8
1,578.3
61.7
3,159.0
13.4
1,536.2
209.9
140.8
1,700.1
60.4
42.51
13.68
—
40.70
—
—
16.00
8.77
23.48
14.78
64.41
—
11.11
22.21
7.72
17.64
—
6.86
9.38
—
10.66
—
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.495 0.360 0.405
0.395
0.765 0.446 0.530
0.530
0.360 0.280 0.295
0.295
0.915 0.470 0.730
0.710
0.480 0.235 0.260
0.250
0.135 0.035 0.040
0.040
2.566 1.526 2.160
2.070
3.782 2.684 3.300
3.260
0.960 0.640 0.700
0.695
INFRASTRUCTURE PROJECT COMPANIES
6.346 4.760 4.990
4.910
5.330 3.480 5.140
4.980
1.950 1.060 1.160
1.120
0.615 0.335 0.355
0.350
8.000 4.716 7.500
7.390
1.600 1.400 1.440
1.420
CLOSED-END FUNDS
2.450 2.100
—
—
EXCHANGE TRADED FUNDS
1.079 1.035
—
—
1.890 1.550 1.555
1.555
1.575 1.075
—
—
1.890 1.580
—
—
1.010 0.900
—
—
1.015 0.850
—
—
1.190 0.990
—
—
1.075 0.940
—
—
REITS
1.168 0.910 1.050
1.040
1.460 1.270 1.460
1.390
1.130 0.895 0.950
0.935
0.909 0.705 0.725
0.715
0.873 0.763 0.865
0.860
1.146 0.992 1.100
1.100
1.756 1.517 1.560
1.540
1.451 1.206 1.440
1.410
1.530 1.374 1.520
1.510
1.450 1.233 1.450
1.420
7.140 6.369 7.140
7.070
1.227 1.000 1.100
1.090
1.600 1.310 1.600
1.570
1.661 1.430 1.520
1.500
1.258 1.080 1.230
1.220
1.600 1.397 1.600
1.560
1.060 0.935 1.060
1.040
SPAC
0.695 0.650 0.695
0.690
0.650 0.595 0.635
0.635
0.475 0.415 0.445
0.445
CODE
COUNTER
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0083
9008
0041
7160
9075
0118
5005
0097
0008
NOTION
OMESTI
PANPAGE
PENTA
THETA
TRIVE
UNISEM
VITROX
WILLOW
0.405
0.530
0.295
0.710
0.260
0.040
2.130
3.260
0.700
0.010
0.010
UNCH
-0.010
0.010
UNCH
-0.050
-0.080
0.005
77.7
10
418.6
706.2
16
419.8
1525.8
53.9
79
0.396
0.530
0.295
0.721
0.258
0.040
2.103
3.284
0.697
—
—
—
7.59
—
—
12.74
15.58
10.25
—
—
—
—
—
—
3.76
0.61
2.86
109.5
206.3
71.2
97.4
27.9
43.9
1,563.1
761.8
173.6
6947
6645
6807
5078
5031
6742
DIGI
LITRAK
PUNCAK
SILKHLD
TIMECOM
YTLPOWR
4.980
5.010
1.150
0.350
7.440
1.440
0.070
0.010
0.010
0.005
0.050
0.020
8492.1
91.8
911.1
167.7
669.8
2585.9
4.961
5.009
1.145
0.351
7.412
1.425
20.38
17.14
—
—
8.87
11.74
4.88
4.99
—
—
0.75
6.94
38,719.5
2,615.6
516.7
245.5
4,282.5
11,666.3
5108
ICAP
2.250
—
—
—
—
—
315.0
0800EA
0822EA
0823EA
0820EA
0826EA
0825EA
0821EA
0824EA
ABFMY1
CIMBA40
CIMBC50
FBMKLCI-EA
METFAPA
METFSID
MYETFDJ
MYETFID
1.075
1.555
1.075
1.645
0.951
0.858
1.115
1.025
—
-0.015
—
—
—
—
—
—
—
25
—
—
—
—
—
—
—
1.555
—
—
—
—
—
—
—
—
—
—
—
—
—
—
5.28
4.03
—
1.52
—
—
2.96
2.20
1,360.3
2.1
13.3
2.8
18.1
17.2
280.4
22.1
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
1.050
1.460
0.945
0.720
0.860
1.100
1.550
1.430
1.510
1.440
7.120
1.090
1.600
1.520
1.220
1.560
1.050
0.020
0.060
0.005
0.005
-0.005
0.010
0.020
0.020
-0.010
0.020
0.120
-0.010
0.020
0.020
UNCH
-0.020
UNCH
3
1059.7
91.4
513.7
443.5
50.5
294.2
1158
229.1
1253
24.6
1376.8
151.5
725.8
48.2
25.9
149.4
1.043
1.445
0.943
0.720
0.864
1.100
1.557
1.428
1.511
1.435
7.096
1.098
1.597
1.511
1.221
1.580
1.049
8.54
14.00
—
14.97
4.96
8.68
17.59
11.85
11.80
19.57
11.36
10.34
17.09
8.10
13.28
5.98
39.03
6.67
5.27
1.27
6.21
7.33
7.50
5.42
6.01
6.95
5.60
4.87
3.82
5.14
5.84
5.68
7.06
7.42
105.0
1,063.2
548.1
494.2
493.0
134.0
1,704.7
2,895.5
605.0
4,999.4
12,854.0
720.9
4,831.7
4,470.8
342.2
659.7
1,390.6
CLIQ
REACH
SONA
0.695
0.635
0.445
0.005
UNCH
UNCH
449.5
320
347
0.691
0.635
0.445
—
—
—
—
—
—
438.5
811.4
627.8
CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
Unch
Unch
Unch
0.005
27050
111.5
4832.2
1535
0.341
—
0.104 21.88
0.314 155.00
0.056
1.76
—
—
1.48
1.67
159.2
63.5
148.5
140.9
5234
5256
5241
Ace Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.480 0.225 0.350
0.353 0.095 0.105
0.429 0.285 0.330
0.129 0.050 0.060
INDUSTRIAL PRODUCTS
0.345 0.205 0.215
0.150 0.060 0.070
0.610 0.288 0.490
0.320 0.150 0.160
0.605 0.220 0.525
0.070 0.040 0.050
0.880 0.296 0.485
0.165 0.070 0.075
0.435 0.110 0.155
0.195 0.085 0.115
0.245 0.120 0.140
0.180 0.065 0.090
0.500 0.269 0.445
0.180 0.105 0.130
0.110 0.055 0.070
0.170 0.085 0.110
0.250 0.120 0.145
0.415 0.145 0.160
0.270 0.160 0.200
TECHNOLOGY
0.615 0.360 0.490
0.290 0.125 0.130
1.600 0.300 0.420
0.015 0.005
—
1.310 0.815 0.930
0.705 0.165 0.705
0.120 0.005
—
0.150 0.050
—
0.145 0.050 0.065
0.150 0.060 0.100
0.430 0.190 0.310
0.095 0.045
—
0.315 0.135 0.250
0.070 0.035 0.040
0.160 0.085 0.105
0.155 0.065 0.075
1.854 0.460 0.770
0.095 0.055 0.060
0.150 0.060 0.065
0.355 0.165 0.200
0.860 0.526 0.820
0.565 0.145 0.470
0.670 0.180 0.280
0.080 0.040
—
0.415 0.100 0.165
0.215 0.105 0.115
0.160 0.050 0.065
0.970 0.360
—
1.950 0.500 1.710
0.600 0.287 0.580
0.115 0.065 0.065
0.877 0.512 0.520
0.380 0.175
—
0.365 0.180 0.240
0.265 0.075 0.120
1.070 0.606 0.950
0.090 0.025 0.040
0.135 0.050 0.065
0.250 0.095 0.105
0.250 0.100 0.240
1.307 0.536 0.750
0.339 0.275 0.290
0.060 0.030 0.045
0.430 0.145 0.205
0.180 0.075 0.085
0.755 0.297 0.625
0.165 0.030
—
0.660 0.315 0.480
0.160 0.075 0.080
0.595 0.170 0.260
0.175 0.065 0.095
0.450 0.218 0.385
0.200 0.090
—
0.397 0.151 0.200
0.160 0.100
—
0.425 0.140 0.190
0.340 0.075 0.285
0.460 0.065 0.070
0.425 0.045
—
0.420 0.110 0.135
0.563 0.451 0.515
TRADING SERVICES
0.280 0.150
—
0.200 0.095
—
0.260 0.045 0.050
0.320 0.196
—
0.320 0.205
—
0.600 0.350 0.435
0.400 0.280
—
0.475 0.260 0.440
0.245 0.160
—
0.240 0.140 0.155
0.275 0.120 0.165
0.400 0.280
—
0.330 0.165 0.270
0.055 0.005 0.005
0.290 0.130 0.290
0.900 0.500 0.545
0.970 0.480
—
2.670 1.288
—
0.310 0.200 0.210
0.470 0.325 0.455
0.055 0.030 0.040
1.490 0.450 1.150
0.235 0.100 0.140
0.705 0.110 0.210
FINANCE
0.600 0.390 0.445
DAY
LOW
CODE
COUNTER
0.330
0.100
0.295
0.055
0179
0170
0148
0095
BIOHLDG
KANGER
SUNZEN
XINGHE
0.330
0.105
0.310
0.060
0.205
0.065
0.465
0.155
0.500
0.045
0.465
0.075
0.155
0.110
0.140
0.085
0.430
0.130
0.060
0.100
0.145
0.160
0.195
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
0.205
0.070
0.470
0.155
0.505
0.050
0.470
0.075
0.155
0.115
0.140
0.085
0.440
0.130
0.065
0.100
0.145
0.160
0.195
Unch 1525.2
0.005
120
-0.005
317.5
-0.005
323
-0.005 2937.4
0.010 3075.7
-0.005 1487.7
Unch
200
0.005
33.8
0.005 9582.1
-0.010
8
-0.005
321.6
0.015 2207.7
Unch
240
Unch 12241.7
-0.005
71
Unch
1
Unch
421
-0.005
72.1
0.207
0.069
0.471
0.159
0.514
0.045
0.474
0.075
0.155
0.112
0.140
0.086
0.439
0.130
0.065
0.104
0.145
0.160
0.196
28.87
—
33.81
20.95
15.17
—
10.54
—
—
—
—
—
11.03
14.29
18.57
20.00
—
—
18.75
1.51
—
0.36
—
—
—
0.70
—
—
4.35
—
—
1.59
—
—
—
—
—
—
54.1
30.3
178.6
33.6
103.8
40.0
145.1
25.0
21.0
131.5
33.9
23.7
98.1
19.6
74.4
24.3
80.5
34.5
33.4
0.465
0.130
0.405
—
0.900
0.675
—
—
0.060
0.095
0.300
—
0.240
0.035
0.100
0.065
0.745
0.060
0.060
0.195
0.790
0.460
0.265
—
0.160
0.115
0.060
—
1.670
0.540
0.065
0.520
—
0.235
0.120
0.910
0.035
0.060
0.100
0.205
0.725
0.280
0.040
0.200
0.080
0.580
—
0.445
0.075
0.240
0.095
0.380
—
0.190
—
0.190
0.270
0.070
—
0.130
0.505
0181
0119
0068
0039
0098
0079
0022
0152
0131
0154
0107
0116
0104
0045
0074
0174
0023
0034
0094
0010
0146
0127
0111
0036
0176
0017
0075
0155
0126
0112
0085
0113
0103
0156
0092
0108
0020
0096
0026
0018
0035
0040
0005
0123
0007
0106
0135
0178
0060
0117
0169
0093
0129
0050
0132
0120
0069
0066
0141
0086
0009
AEMULUS
APPASIA
ASDION
ASIAEP
BAHVEST
CWORKS
CYBERT
DGB
DGSB
EAH
EDUSPEC
FOCUS
GENETEC
GNB
GOCEAN
IDMENSN
IFCAMSC
INGENCO
INIX
IRIS
JFTECH
JHM
K1
KGROUP
KRONO
M3TECH
MEXTER
MGRC
MICROLN
MIKROMB
MLAB
MMSV
MNC
MPAY
MTOUCHE
N2N
NETX
NEXGRAM
NOVAMSC
OMEDIA
OPCOM
OPENSYS
PALETTE
PRIVA
PUC
REXIT
SCN
SEDANIA
SKH
SMRT
SMTRACK
SOLUTN
SRIDGE
SYSTECH
TDEX
VIS
VIVOCOM
VSOLAR
WINTONI
YGL
YTLE
0.465
0.130
0.405
0.010
0.915
0.680
0.005
0.055
0.060
0.095
0.305
0.075
0.245
0.035
0.100
0.075
0.750
0.060
0.065
0.195
0.790
0.460
0.270
0.040
0.165
0.115
0.065
0.680
1.700
0.540
0.065
0.520
0.255
0.235
0.120
0.945
0.040
0.065
0.100
0.215
0.750
0.280
0.045
0.200
0.085
0.625
0.040
0.455
0.080
0.245
0.095
0.385
0.120
0.195
0.110
0.190
0.275
0.070
0.060
0.130
0.510
-0.015
3955
0.005
58.1
-0.010
45
—
—
Unch
336
0.005
5126
—
—
—
—
Unch
1170
Unch
930
0.010 1004.9
—
—
Unch 3520.8
-0.005
30
Unch
260
0.005
560.2
-0.005 4022.4
-0.005
170
0.005 1658.7
Unch 8290.6
Unch
5.7
-0.005
573.3
Unch 5328.4
—
—
0.005
180.1
-0.005
3
Unch
93
—
—
0.010
466.2
-0.015 1865.7
Unch
100
Unch
44.3
—
—
Unch
156
0.015
1
0.025
83
Unch
170
0.005 2010.1
Unch
144.9
-0.005 3915.4
0.005
226.8
Unch
615.3
0.005
434.2
Unch 1379.4
Unch
911.6
0.045
843
—
—
-0.015 1097.1
Unch 13870.4
Unch 3168.6
Unch
320.9
0.005
629.8
—
—
Unch
636
—
—
0.005
0.2
Unch 19893.5
Unch
190
—
—
-0.005
53
-0.010
68
0.476 18.16
0.130
—
0.408 22.63
—
—
0.907 163.39
0.686
—
—
0.22
—
—
0.060 31.58
0.098
—
0.306 25.42
—
—
0.245
7.75
0.040
2.85
0.103 142.86
0.069
—
0.758 13.02
0.060
—
0.060 23.21
0.197
—
0.801 24.16
0.464 11.95
0.273 10.59
—
—
0.162 17.01
0.115
—
0.061
—
— 15.85
1.702 23.45
0.565 17.70
0.065
—
0.520
9.29
— 29.31
0.235
—
0.120
—
0.919 50.00
0.039
—
0.060 13.54
0.100 142.86
0.221
—
0.734 16.59
0.283 11.62
0.041
—
0.201 19.80
0.084 16.04
0.614 18.17
—
—
0.458 20.68
0.080
—
0.252
—
0.095
—
0.384 13.32
—
—
0.193 30.47
—
—
0.190
—
0.277 88.71
0.070
—
—
—
0.134
—
0.511 19.47
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
1.33
—
—
—
1.27
—
1.85
—
—
—
—
—
1.76
1.85
—
3.85
—
—
—
1.06
—
—
—
—
2.67
2.68
—
1.25
—
2.40
—
—
—
—
—
2.60
—
3.08
—
—
—
—
—
—
7.84
204.1
36.5
47.1
8.1
393.8
82.3
0.5
26.9
81.4
141.6
258.2
52.9
86.2
10.1
26.3
37.1
443.7
57.2
27.1
398.2
99.5
56.6
127.6
25.6
39.1
22.7
12.8
64.0
258.7
165.1
12.1
84.8
24.1
167.0
27.8
438.8
25.0
122.4
55.1
137.7
120.9
83.4
13.1
111.6
90.6
118.3
8.0
91.0
43.6
63.8
26.9
76.9
14.5
61.9
41.3
21.0
680.7
21.2
30.8
25.2
688.5
—
—
0.045
—
—
0.425
—
0.405
—
0.155
0.160
—
0.260
0.005
0.260
0.540
—
—
0.205
0.445
0.040
1.100
0.140
0.190
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
0.205
0.100
0.045
0.240
0.210
0.435
0.330
0.430
0.185
0.155
0.165
0.310
0.265
0.005
0.270
0.540
0.550
1.790
0.205
0.455
0.040
1.100
0.140
0.205
—
—
—
—
-0.005
256
—
—
—
—
-0.005
51.4
—
—
0.025 14106.1
—
—
-0.005
3
0.010 1649.3
—
—
0.005 1477.7
Unch
500
0.010 2301.2
Unch
50.3
—
—
—
—
-0.005
326.5
0.005
56.7
Unch
230
-0.070
111
0.005
5
0.005 45417.8
—
—
0.047
—
—
0.434
—
0.419
—
0.155
0.161
—
0.263
0.005
0.275
0.540
—
—
0.208
0.451
0.040
1.127
0.140
0.199
50.00
—
—
15.38
38.89
14.55
23.57
20.48
—
—
—
—
11.88
—
—
57.45
20.68
12.56
26.28
—
—
33.23
—
19.52
—
—
—
2.63
4.76
—
—
—
—
1.94
—
—
2.64
—
—
0.37
—
2.79
7.32
6.59
—
0.45
—
—
54.5
47.3
39.0
60.5
34.7
81.1
45.7
219.8
33.1
38.0
48.7
15.0
54.8
4.8
38.7
408.9
74.1
76.5
84.5
112.6
39.6
187.9
28.7
146.0
0.420
0053
OSKVI
0.445
0.423
—
4.49
87.9
0.025
1
28 Markets
FR I
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I E S
Bursa Malaysia Equity Derivatives
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
Main Market & Ace Market Warrants
0.210
0.210
0.340
1.600
0.250
0.035
0.250
0.075
0.120
0.640
2.900
0.135
0.300
0.250
0.160
2.660
0.265
0.055
0.590
0.620
0.365
5.850
0.860
0.120
0.100
1.510
0.300
0.370
1.320
1.790
2.140
1.060
1.380
1.730
0.550
0.840
1.210
0.490
0.765
1.140
0.010
0.055
0.435
0.270
3.552
2.320
0.040
0.425
0.090
0.145
0.225
0.235
0.155
0.100
0.180
0.935
0.180
0.370
0.100
0.115
0.185
0.510
0.265
0.240
3.000
0.030
0.945
0.380
0.120
0.200
0.595
0.219
0.240
0.585
0.235
0.270
0.100
0.110
1.150
0.640
0.360
0.290
0.060
0.470
0.055
0.380
0.300
0.070
0.155
0.130
0.070
0.275
1.260
0.345
0.150
0.210
0.780
0.470
1.440
0.200
0.590
0.240
0.035
0.360
0.570
0.300
0.360
0.180
0.065
0.065
0.125
0.240
0.195
0.120
0.470
0.025
0.115
0.100
0.190
0.385
0.280
0.085
0.620
0.310
0.025
0.025
0.110
1.350
0.105
0.005
0.090
0.025
0.035
0.115
1.500
0.045
0.185
0.080
0.065
0.530
0.125
0.025
0.050
0.145
0.185
2.170
0.160
0.075
0.070
0.625
0.155
0.215
0.040
0.100
0.265
0.035
0.105
0.280
0.090
0.185
0.325
0.330
0.550
0.880
0.005
0.005
0.170
0.130
1.995
0.813
0.020
0.150
0.015
0.025
0.025
0.020
0.065
0.035
0.055
0.120
0.005
0.105
0.095
0.100
0.165
0.030
0.105
0.135
0.520
0.010
0.320
0.075
0.010
0.090
0.260
0.065
0.090
0.130
0.070
0.045
0.070
0.070
0.280
0.260
0.215
0.150
0.025
0.240
0.010
0.130
0.100
0.015
0.030
0.070
0.040
0.155
0.390
0.150
0.030
0.115
0.280
0.235
0.500
0.115
0.060
0.075
0.010
0.075
0.155
0.155
0.160
0.130
0.025
0.025
0.060
0.160
0.100
0.050
0.270
0.010
0.040
0.010
0.075
0.255
0.130
0.015
0.125
0.075
0.095
0.060
0.160
1.530
0.105
0.010
0.140
0.035
0.060
0.125
2.880
0.080
0.270
0.125
0.155
0.965
0.175
0.030
0.590
0.620
0.365
5.850
0.480
0.080
0.070
1.090
0.255
0.275
0.045
0.150
0.370
0.050
0.145
0.370
0.115
0.235
0.410
0.415
0.660
1.020
0.005
0.025
0.265
0.145
3.000
1.710
0.025
0.180
0.080
0.025
0.045
0.045
0.070
0.050
0.065
0.585
0.065
0.290
0.100
0.115
0.185
0.350
0.150
0.155
2.670
0.015
0.780
0.130
0.030
0.100
0.500
0.090
0.125
0.445
0.070
0.050
0.070
0.075
0.955
0.325
0.245
0.185
0.040
0.320
0.010
0.150
0.120
0.020
0.050
0.085
0.055
0.200
0.410
0.190
0.050
0.120
0.550
0.390
0.600
0.180
0.180
0.140
0.015
0.330
0.525
0.285
0.345
0.180
0.035
0.030
0.080
0.175
0.125
0.120
0.275
0.015
0.040
0.020
0.110
0.280
0.225
0.020
0.140
0.310
0.090
0.050
0.160
1.520
0.105
0.010
0.140
0.030
0.060
0.120
2.840
0.080
0.255
0.120
0.135
0.950
0.160
0.030
0.570
0.600
0.360
5.650
0.430
0.075
0.070
1.030
0.235
0.265
0.045
0.130
0.320
0.050
0.130
0.340
0.110
0.215
0.380
0.390
0.635
1.010
0.005
0.025
0.265
0.145
3.000
1.680
0.025
0.170
0.080
0.025
0.045
0.045
0.070
0.050
0.060
0.565
0.055
0.255
0.095
0.110
0.165
0.300
0.140
0.135
2.630
0.015
0.760
0.130
0.015
0.100
0.480
0.085
0.120
0.400
0.070
0.045
0.070
0.070
0.920
0.325
0.240
0.180
0.035
0.300
0.010
0.130
0.115
0.020
0.050
0.075
0.050
0.200
0.410
0.190
0.050
0.120
0.550
0.380
0.600
0.180
0.180
0.135
0.010
0.330
0.520
0.285
0.330
0.165
0.030
0.030
0.080
0.170
0.110
0.100
0.270
0.015
0.040
0.015
0.105
0.275
0.215
0.020
0.135
0.275
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.075
0.130
0.150
0.410
0.420
0.530
0.150
0.040
0.105
0.125
0.095
0.070
0.185
0.160
0.300
0.185
0.080
0.170
0.110
0.150
0.210
0.485
0.310
0.155
0.095
0.105
0.155
0.090
0.075
0.220
0.207
0.105
0.285
0.330
1.330
0.038
0.285
0.550
0.275
0.280
0.190
0.120
0.225
0.875
0.135
0.025
0.275
0.495
0.140
0.225
0.135
0.085
0.420
0.065
0.105
0.110
0.040
0.370
0.115
0.105
0.155
0.550
0.090
0.090
0.120
0.115
0.850
0.115
0.325
0.515
0.815
0.050
0.510
0.625
0.860
0.215
0.285
0.290
0.205
0.795
0.320
0.870
0.190
0.205
0.660
0.790
0.120
0.110
0.195
0.045
0.150
0.995
0.080
0.405
1.060
0.180
0.705
0.180
0.130
0.710
1.320
0.900
0.130
0.265
0.280
0.410
0.190
0.160
0.140
0.380
0.545
0.635
0.345
0.530
0.595
0.590
0.640
0.625
0.675
0.035
0.060
0.015
0.090
0.085
0.320
0.125
0.015
0.005
0.040
0.035
0.050
0.045
0.105
0.005
0.105
0.030
0.015
0.060
0.050
0.080
0.225
0.090
0.005
0.025
0.060
0.085
0.015
0.050
0.095
0.060
0.065
0.040
0.060
0.410
0.005
0.097
0.255
0.080
0.095
0.055
0.075
0.105
0.080
0.035
0.005
0.140
0.255
0.070
0.070
0.055
0.065
0.215
0.015
0.030
0.010
0.020
0.070
0.030
0.030
0.050
0.110
0.020
0.025
0.015
0.070
0.305
0.080
0.120
0.170
0.390
0.020
0.005
0.300
0.140
0.060
0.085
0.125
0.110
0.140
0.130
0.315
0.050
0.030
0.280
0.375
0.030
0.050
0.045
0.015
0.150
0.265
0.005
0.160
0.190
0.070
0.295
0.055
0.050
0.525
0.385
0.685
0.100
0.140
0.210
0.065
0.120
0.150
0.130
0.015
0.490
0.190
0.155
0.080
0.085
0.100
0.075
0.085
0.060
0.070
0.100
0.045
0.280
0.205
0.390
0.150
0.020
0.050
0.055
0.040
0.070
0.080
0.115
0.025
0.125
0.035
0.035
0.105
0.070
0.165
0.285
0.165
0.005
0.025
0.105
0.155
0.030
0.070
0.145
0.060
0.080
0.065
0.125
1.200
0.005
0.175
0.350
0.090
0.120
0.070
0.080
0.115
0.110
0.040
0.005
0.185
0.375
0.080
0.095
0.070
0.075
0.255
0.035
0.055
0.020
0.030
0.085
0.040
0.030
0.050
0.185
0.055
0.050
0.035
0.070
0.390
0.090
0.190
0.400
0.635
0.045
0.005
0.470
0.555
0.140
0.240
0.275
0.195
0.175
0.185
0.390
0.070
0.035
0.325
0.440
0.035
0.065
0.050
0.025
0.150
0.340
0.005
0.170
0.200
0.075
0.300
0.105
0.080
0.530
0.430
0.710
0.105
0.175
0.225
0.070
0.135
0.150
0.135
0.025
0.510
0.190
0.160
0.245
0.235
0.190
0.170
0.255
0.465
0.065
0.095
0.045
0.280
0.195
0.385
0.125
0.020
0.050
0.050
0.040
0.070
0.075
0.110
0.025
0.125
0.035
0.030
0.095
0.070
0.155
0.225
0.165
0.005
0.025
0.105
0.155
0.025
0.065
0.140
0.060
0.070
0.060
0.125
1.180
0.005
0.170
0.350
0.090
0.100
0.065
0.080
0.115
0.080
0.040
0.005
0.175
0.365
0.075
0.090
0.065
0.075
0.255
0.035
0.055
0.015
0.030
0.070
0.030
0.030
0.050
0.175
0.050
0.045
0.035
0.070
0.385
0.085
0.180
0.385
0.615
0.035
0.005
0.455
0.535
0.140
0.225
0.275
0.195
0.150
0.170
0.355
0.065
0.030
0.325
0.440
0.035
0.065
0.050
0.020
0.150
0.310
0.005
0.170
0.190
0.075
0.295
0.090
0.075
0.530
0.390
0.710
0.105
0.170
0.225
0.065
0.120
0.150
0.135
0.015
0.495
0.190
0.155
0.240
0.225
0.190
0.160
0.235
0.435
CODE
5238WA
7315WB
509922
509924
509925
509926
509932
0159WA
9342WA
9342WB
5194WA
521012
5210C7
0105WA
6399CT
7099WB
0072WA
6888C4
6888C5
4162CE
7241WA
5258WA
6998WA
5248CH
5248CI
5248CK
5248CL
3395CY
3395CZ
3395WB
7036WB
7036WC
7188WA
7188WB
7174WA
5229WA
0163WA
7076WA
5195WA
5195WB
2852CM
2852CN
2852CO
5071WA
0051WA
7179WA
7212WA
7277WA
6947C8
6947C9
0029WA
7114WA
7169WA
7198WA
7198WB
161916
161918
5216CF
5216CG
5216CH
5216CI
3417WB
0154WB
0154WC
8206CB
8206CE
8206WA
1368CF
0107WA
0065WA
8907WC
7182WA
6076WA
5056WA
7249WA
7047WB
9776WB
56010
56011
65010
65012
65020
65022
65024
65026
65028
0650C3
65034
0650C4
65040
65042
0650C9
0650CV
65019
0650H2
65021
65023
65025
65027
65029
0650H3
65031
65035
65037
65039
0650H4
65043
65045
65047
0650H5
65051
0650H6
0650H9
0650HN
0650HO
0650HU
0650HV
0650HW
8605WB
WARRANTS
AAX-WA
AHB-WB
AIRASIAC22
AIRASIAC24
AIRASIAC25
AIRASIAC26
AIRASIAC32
AMEDIA-WA
ANZO-WA
ANZO-WB
APFT-WA
ARMADA-C12
ARMADA-C7
ASIAPLY-WA
ASTRO-CT
ATTA-WB
AT-WA
AXIATA-C4
AXIATA-C5
BAT-CE
BHS-WA
BIMB-WA
BINTAI-WA
BJAUTO-CH
BJAUTO-CI
BJAUTO-CK
BJAUTO-CL
BJCORP-CY
BJCORP-CZ
BJCORP-WB
BORNOIL-WB
BORNOIL-WC
BTM-WA
BTM-WB
CAB-WA
CAP-WA
CAREPLS-WA
CBIP-WA
CENSOF-WA
CENSOF-WB
CMSB-CM
CMSB-CN
CMSB-CO
COASTAL-WA
CUSCAPI-WA
DBE-WA
DESTINI-WA
DIALOG-WA
DIGI-C8
DIGI-C9
DIGISTA-WA
DNONCE-WA
DOMINAN-WA
DPS-WA
DPS-WB
DRBHCOMC16
DRBHCOMC18
DSONIC-CF
DSONIC-CG
DSONIC-CH
DSONIC-CI
E&O-WB
EAH-WB
EAH-WC
ECOWLD-CB
ECOWLD-CE
ECOWLD-WA
EDGENTA-CF
EDUSPEC-WA
EFORCE-WA
EG-WC
EKA-WA
ENCORP-WA
ENGTEX-WA
EWEIN-WA
FAJAR-WB
FARMBES-WB
FB-C10
FB-C11
FBMKLCI-C10
FBMKLCI-C12
FBMKLCI-C20
FBMKLCI-C22
FBMKLCI-C24
FBMKLCI-C26
FBMKLCI-C28
FBMKLCI-C3
FBMKLCI-C34
FBMKLCI-C4
FBMKLCI-C40
FBMKLCI-C42
FBMKLCI-C9
FBMKLCI-CV
FBMKLCI-H19
FBMKLCI-H2
FBMKLCI-H21
FBMKLCI-H23
FBMKLCI-H25
FBMKLCI-H27
FBMKLCI-H29
FBMKLCI-H3
FBMKLCI-H31
FBMKLCI-H35
FBMKLCI-H37
FBMKLCI-H39
FBMKLCI-H4
FBMKLCI-H43
FBMKLCI-H45
FBMKLCI-H47
FBMKLCI-H5
FBMKLCI-H51
FBMKLCI-H6
FBMKLCI-H9
FBMKLCI-HN
FBMKLCI-HO
FBMKLCI-HU
FBMKLCI-HV
FBMKLCI-HW
FFHB-WB
CLOSE
(RM)
+/(RM)
0.065
0.100
0.045
0.280
0.195
0.385
0.125
0.020
0.050
0.050
0.040
0.070
0.075
0.115
0.025
0.125
0.035
0.030
0.105
0.070
0.160
0.280
0.165
0.005
0.025
0.105
0.155
0.030
0.070
0.145
0.060
0.080
0.065
0.125
1.190
0.005
0.170
0.350
0.090
0.120
0.070
0.080
0.115
0.090
0.040
0.005
0.180
0.370
0.080
0.095
0.070
0.075
0.255
0.035
0.055
0.020
0.030
0.085
0.030
0.030
0.050
0.180
0.055
0.050
0.035
0.070
0.390
0.090
0.185
0.395
0.615
0.045
0.005
0.465
0.545
0.140
0.240
0.275
0.195
0.175
0.180
0.390
0.065
0.030
0.325
0.440
0.035
0.065
0.050
0.025
0.150
0.340
0.005
0.170
0.190
0.075
0.295
0.095
0.080
0.530
0.405
0.710
0.105
0.175
0.225
0.065
0.130
0.150
0.135
0.020
0.495
0.190
0.155
0.245
0.230
0.190
0.160
0.245
0.440
Unch
Unch
-0.005
0.005
0.010
Unch
-0.025
Unch
-0.005
Unch
-0.005
0.020
Unch
Unch
0.005
-0.005
Unch
Unch
0.015
-0.010
-0.005
0.040
0.005
Unch
-0.005
0.010
0.065
0.005
-0.005
0.005
Unch
Unch
0.005
Unch
0.020
Unch
-0.005
0.015
-0.005
Unch
Unch
0.005
Unch
0.010
0.005
Unch
0.005
-0.005
0.005
0.005
0.005
Unch
-0.005
Unch
-0.005
0.005
0.005
0.010
Unch
Unch
Unch
0.010
0.005
0.005
0.010
-0.005
Unch
Unch
0.010
Unch
Unch
Unch
-0.020
0.010
Unch
0.005
0.015
-0.010
-0.010
0.030
0.010
0.045
Unch
Unch
0.020
0.025
Unch
0.005
Unch
Unch
Unch
0.045
Unch
-0.020
-0.040
-0.005
-0.035
-0.015
-0.005
-0.045
-0.060
-0.040
-0.015
-0.010
-0.010
-0.015
-0.010
Unch
Unch
-0.010
-0.040
-0.020
-0.020
-0.005
-0.010
-0.010
-0.020
-0.015
-0.005
VOL PARENT
EXE
(‘000)
PRICE PRICE
2427.3
31
16.5
50
421.1
210
120
1.5
102.8
98
310.3
400
300
310.8
100
150
40
205
6482.5
25
1833.6
19661.6
1129
5400
70
10
7
5098.3
453
1173.9
10
39510.2
350
5
656.8
20
320
3.2
28
3.8
125
15
15.5
221
310
100
500.4
114
130
300
100
766.7
47.3
70
287.3
135.1
20
1937.1
124
1808.1
580
582.9
253.1
262
0.3
50
146
160
245
231.6
2180.7
4191.3
62.2
173.8
278.2
14.9
660.3
20
20
272.1
7607.4
74.8
3936
1814.1
21
10
179.9
542.8
914.9
571
20
122
80
5
188
97
64
12497.4
4114
8
2516.9
16
20
755
34
215
2780
0.8
0.8
10769.9
30
38
49
205
347.7
200
1606
2343.2
728.5
0.240 0.460
0.205 0.200
1.400 1.650
1.400 1.050
1.400 1.200
1.400 0.900
1.400 1.500
0.110 1.100
0.195 0.250
0.195 0.250
0.225 0.400
1.020 1.150
1.020 0.950
0.205 0.100
2.650 2.650
0.550 1.000
0.070 0.120
5.850 6.400
5.850 6.500
56.20 57.00
0.460 0.600
3.310 4.720
0.320 0.200
2.210 2.714
2.210 2.300
2.210 2.000
2.210 2.200
0.395 0.380
0.395 0.370
0.395 1.000
0.145 0.100
0.145 0.100
0.220 0.940
0.220 0.200
1.760 0.550
0.065 1.478
0.470 0.320
1.990 2.400
0.260 0.460
0.260 0.460
5.210 5.200
5.210 5.000
5.210 5.300
1.590 3.180
0.125 0.270
0.045 0.100
0.575 0.400
1.570 1.190
4.980 5.750
4.980 5.100
0.190 0.130
0.175 0.250
1.160 1.300
0.100 0.540
0.100 0.100
1.080 1.400
1.080 1.300
1.160 1.000
1.160 1.580
1.160 1.700
1.160 1.380
1.650 2.600
0.095 0.120
0.095 0.100
1.330 1.680
1.330 1.520
1.330 2.080
3.180 3.600
0.305 0.180
0.890 0.680
0.935 0.500
0.170 0.200
0.770 1.000
1.250 0.830
1.160 0.610
0.510 0.700
0.880 1.000
465.30 320.52
475.71 422.40
1,656 1,720
1,656 1,520
1,656 1,640
1,656 1,630
1,656 1,720
1,656 1,750
1,656 1,670
1,656 1,708
1,656 1,660
1,656 1,700
1,656 1,800
1,656 1,730
1,656 1,640
1,656 1,808
1,656 1,675
1,656 1,600
1,656 1,500
1,656 1,600
1,656 1,600
1,656 1,550
1,656 1,630
1,656 1,680
1,656 1,710
1,656 1,538
1,656 1,680
1,656 1,570
1,656 1,600
1,656 1,600
1,656 1,538
1,656 1,488
1,656 1,500
1,656 1,680
1,656 1,520
1,656 1,625
1,656 1,788
1,656 1,808
1,656 1,688
1,656 1,658
1,656 1,700
0.915 0.500
PR’M
(%)
118.75
46.34
24.29
5.00
2.43
5.54
29.46
918.18
53.85
53.85
95.56
26.47
4.90
4.88
3.77
104.55
121.43
10.94
18.29
7.65
65.22
51.06
14.06
23.79
9.05
2.38
20.59
3.80
11.39
189.87
10.34
24.14
356.82
47.73
-1.14
2,182
4.26
38.19
111.54
123.08
9.21
8.25
12.76
105.66
148.00
133.33
0.87
-0.64
21.08
7.18
5.26
85.71
34.05
475.00
55.00
33.33
27.31
0.86
46.55
57.67
34.05
68.48
84.21
57.89
32.89
24.81
85.71
27.36
19.67
20.79
19.25
44.12
30.52
3.60
-0.43
64.71
40.91
4.35
9.29
5.93
-0.64
4.88
1.13
5.09
10.53
7.44
6.10
2.94
4.62
9.70
11.67
3.09
9.55
5.19
-1.13
-6.29
1.03
0.59
-3.06
6.39
6.30
13.93
0.50
8.80
1.56
-1.46
2.07
0.98
-3.67
-8.62
10.37
-5.39
1.81
18.33
20.29
11.12
7.86
12.48
2.73
EXPIRY
DATE
08/06/2020
28/08/2019
29/04/2016
31/05/2016
07/03/2016
18/07/2016
30/09/2016
02/01/2018
19/11/2019
25/08/2023
13/07/2018
29/07/2016
07/03/2016
13/12/2020
29/02/2016
09/05/2022
29/01/2019
29/07/2016
28/10/2016
29/07/2016
18/10/2020
04/12/2023
15/06/2020
10/03/2016
29/02/2016
31/05/2016
29/07/2016
07/03/2016
31/10/2016
22/04/2022
28/02/2018
08/11/2025
20/12/2019
23/10/2024
08/02/2020
29/12/2016
09/08/2016
06/11/2019
18/07/2017
07/10/2019
08/06/2016
08/06/2016
31/03/2016
18/07/2016
24/04/2018
22/03/2016
03/10/2016
10/02/2017
31/05/2016
30/09/2016
07/02/2017
25/11/2020
10/09/2020
03/01/2018
15/01/2025
30/08/2016
29/07/2016
19/02/2016
28/10/2016
29/04/2016
30/08/2016
21/07/2019
24/02/2019
18/06/2019
30/06/2016
28/07/2016
26/03/2022
29/07/2016
24/12/2018
17/07/2019
03/11/2020
22/01/2019
17/03/2016
25/10/2017
09/06/2017
24/09/2019
13/07/2018
29/02/2016
29/09/2016
29/02/2016
31/03/2016
31/03/2016
29/04/2016
31/05/2016
31/05/2016
31/05/2016
30/06/2016
30/06/2016
29/07/2016
29/07/2016
31/01/2017
29/02/2016
31/03/2016
17/03/2016
29/02/2016
29/04/2016
31/03/2016
29/04/2016
31/05/2016
31/05/2016
29/02/2016
31/05/2016
30/09/2016
30/06/2016
30/06/2016
29/02/2016
29/07/2016
31/01/2017
31/01/2017
31/03/2016
29/07/2016
31/03/2016
17/03/2016
31/03/2016
31/03/2016
30/06/2016
30/06/2016
29/07/2016
30/03/2017
CODE
5222C6
5222C7
5222C8
6939WB
9318WB
0116WB
539821
539822
5209CT
5226WA
2291WA
318224
318225
318226
318227
3182WA
1147WA
7096WA
3034CK
3034CN
3034CP
3034WA
5168CP
5168CS
5168CT
5095WB
3301CF
7213WB
65112
65113
65114
65115
65116
65117
65118
65119
65120
65121
65122
65123
7013WB
3336CW
0166CJ
0166CN
0166WA
0166WB
0094WA
3379WB
1961C6
7183WA
0010WA
0010WB
5175WA
0024WA
5161CR
7167WA
4383CD
4383CE
4383CF
4383CG
4383CH
5247CH
5247CK
5247CL
7216WA
3115WC
7161WA
3565WE
8303WA
0151WA
5171WA
7164WA
7164WB
7017WB
7153CK
7153CL
7153CM
7153CN
2003WC
8494WA
5789WB
7126WA
5068WB
7617WB
3859CW
8583WB
8583WC
6012CQ
115511
115514
115517
5152WA
1171WA
1694WB
5026WA
3816C2
9571WC
9571WD
6114WB
7595WA
3867CA
1651WA
5150WA
0138CM
0138CO
0138CS
0138CT
0138CU
0096WA
0096WC
0083WB
0172WA
7071WB
0018WA
5053WC
0005WA
5657CP
1295C4
1295C6
5183C1
9997WB
5146WA
8311WC
5681CP
WARRANTS
FGV-C6
FGV-C7
FGV-C8
FIAMMA-WB
FITTERS-WB
FOCUS-WB
GAMUDA-C21
GAMUDA-C22
GASMSIA-CT
GBGAQRS-WA
GENP-WA
GENTINGC24
GENTINGC25
GENTINGC26
GENTINGC27
GENTING-WA
GOB-WA
GPA-WA
HAPSENG-CK
HAPSENG-CN
HAPSENG-CP
HAPSENG-WA
HARTA-CP
HARTA-CS
HARTA-CT
HEVEA-WB
HLIND-CF
HOVID-WB
HSI-C12
HSI-C13
HSI-C14
HSI-C15
HSI-C16
HSI-C17
HSI-C18
HSI-C19
HSI-C20
HSI-C21
HSI-C22
HSI-C23
HUBLINE-WB
IJM-CW
INARI-CJ
INARI-CN
INARI-WA
INARI-WB
INIX-WA
INSAS-WB
IOICORP-C6
IRETEX-WA
IRIS-WA
IRIS-WB
IVORY-WA
JAG-WA
JCY-CR
JOHOTIN-WA
JTIASA-CD
JTIASA-CE
JTIASA-CF
JTIASA-CG
JTIASA-CH
KAREX-CH
KAREX-CK
KAREX-CL
KAWAN-WA
KBUNAI-WC
KERJAYA-WA
KEURO-WE
KFM-WA
KGB-WA
KIMLUN-WA
KNM-WA
KNM-WB
KOMARK-WB
KOSSAN-CK
KOSSAN-CL
KOSSAN-CM
KOSSAN-CN
KULIM-WC
LBICAP-WA
LBS-WB
LONBISC-WA
LUSTER-WB
MAGNA-WB
MAGNUM-CW
MAHSING-WB
MAHSING-WC
MAXIS-CQ
MAYBANKC11
MAYBANKC14
MAYBANKC17
MBL-WA
MBSB-WA
MENANG-WB
MHC-WA
MISC-C2
MITRA-WC
MITRA-WD
MKH-WB
MLGLOBAL-WA
MPI-CA
MRCB-WA
MSPORTS-WA
MYEG-CM
MYEG-CO
MYEG-CS
MYEG-CT
MYEG-CU
NEXGRAM-WA
NEXGRAM-WC
NOTION-WB
OCK-WA
OCR-WB
OMEDIA-WA
OSK-WC
PALETTE-WA
PARKSON-CP
PBBANK-C4
PBBANK-C6
PCHEM-C1
PENSONI-WB
PERWAJA-WA
PESONA-WC
PETDAG-CP
CLOSE
(RM)
+/(RM)
0.090
0.050
0.160
1.530
0.105
0.010
0.140
0.035
0.060
0.125
2.850
0.080
0.270
0.125
0.150
0.955
0.170
0.030
0.590
0.610
0.365
5.750
0.430
0.075
0.070
1.030
0.235
0.275
0.045
0.135
0.335
0.050
0.130
0.340
0.115
0.220
0.380
0.390
0.635
1.020
0.005
0.025
0.265
0.145
3.000
1.680
0.025
0.170
0.080
0.025
0.045
0.045
0.070
0.050
0.060
0.565
0.065
0.280
0.100
0.115
0.175
0.310
0.140
0.135
2.670
0.015
0.770
0.130
0.030
0.100
0.490
0.085
0.120
0.430
0.070
0.050
0.070
0.070
0.955
0.325
0.245
0.185
0.040
0.320
0.010
0.140
0.115
0.020
0.050
0.085
0.055
0.200
0.410
0.190
0.050
0.120
0.550
0.385
0.600
0.180
0.180
0.135
0.015
0.330
0.520
0.285
0.335
0.165
0.035
0.030
0.080
0.175
0.110
0.110
0.275
0.015
0.040
0.020
0.110
0.275
0.215
0.020
0.135
0.280
Unch
Unch
0.005
0.060
Unch
Unch
0.020
0.010
0.005
0.005
0.040
0.005
0.010
0.005
0.010
0.005
0.010
Unch
0.035
0.020
0.045
0.150
-0.110
-0.015
-0.010
-0.070
-0.015
0.010
0.005
-0.005
0.025
0.005
0.005
-0.010
0.025
0.005
0.025
-0.005
0.040
0.085
Unch
0.005
-0.015
Unch
-0.200
-0.010
0.005
-0.010
Unch
-0.005
Unch
0.005
Unch
0.005
0.005
0.005
0.015
0.035
0.005
0.015
0.025
-0.045
-0.020
-0.025
-0.070
-0.005
Unch
Unch
Unch
0.005
Unch
Unch
Unch
0.005
-0.010
-0.010
-0.005
-0.015
0.025
Unch
-0.015
0.005
Unch
0.030
Unch
Unch
-0.010
Unch
0.005
0.005
0.010
-0.020
-0.005
-0.020
-0.050
0.005
0.020
0.010
-0.030
Unch
-0.015
Unch
Unch
-0.020
0.050
0.005
0.005
Unch
0.005
-0.005
Unch
0.005
Unch
-0.005
0.005
Unch
-0.005
0.005
Unch
0.005
-0.005
Unch
Unch
0.010
VOL PARENT
EXE
(‘000)
PRICE PRICE
363
976.4
230
14.7
43.5
500
400
56.6
150
38.4
92.2
15
105
120
160
1196
107
127.7
34
201
250
28.9
67
145
20
909.4
250
818.3
59.8
1927.5
11396.2
2011.5
10514.3
1058
7
714
1207
83.5
135
35
226.7
42.5
50
103
3.9
234.3
50.2
100.2
95
50.5
102.3
1276.6
30
0.1
110
49.3
4982.5
1093.1
110
1397
146
550.1
539
290
12
200
81.8
49.5
20
30
33.7
1628.5
577.7
657.8
25
194.7
100
100
951.7
95
8.8
2
143.2
131.5
96.7
419.7
1412.1
0.1
170
30.3
6423.9
32.2
3.4
8.7
0.8
50
21.6
5.7
10
31
10
549.6
1721.5
10
40
12
231.1
3099
237.4
100
373
3015.8
1953.9
3829.7
106
310
100
250.1
661.6
1970
754
35
60.5
52.2
PR’M
(%)
1.640 1.500
7.93
1.640 1.550
6.40
1.640 1.500
10.98
2.400 1.000
5.42
0.460 1.000 140.22
0.075 0.100
46.67
4.750 4.300
1.14
4.750 5.100
10.32
2.340 2.500
11.97
0.850 1.300
67.65
10.880 7.750
-2.57
7.800 8.000
10.77
7.800 7.000
7.05
7.800 8.000
9.78
7.800 7.400
4.49
7.800 7.960
14.29
0.480 0.800 102.08
0.095 0.100
36.84
7.350 3.900
1.22
7.350 5.000
1.22
7.350 7.000
12.62
7.350 1.650
0.68
5.180 8.800 103.09
5.180 6.000
27.41
5.180 6.000
27.99
1.260 0.250
1.59
5.910 4.500
0.00
0.465 0.180
-2.15
10,38 23,00 121.81
10,38 21,60 109.11
10,38 20,20
97.37
10,38 23,80 129.56
10,38 22,40 116.77
10,38 21,00 105.11
10,38 24,20 133.97
10,38 22,80 121.40
10,38 21,40 109.31
10,38 22,00 115.17
10,38 20,60 103.83
10,387 19,200
93.68
0.010 0.010
50.00
3.400 3.940
16.99
3.320 2.640
5.06
3.320 3.200
13.86
3.320 0.264
-1.69
3.320 1.600
-1.20
0.065 0.100
92.31
0.685 1.000
70.80
4.700 4.300
1.70
0.255 0.800 223.53
0.195 0.150
0.00
0.195 0.150
0.00
0.360 0.750 127.78
0.115 0.100
30.43
0.740 0.720
13.51
1.960 2.280
45.15
1.580 1.800
22.15
1.580 1.100
5.06
1.580 2.000
51.90
1.580 1.750
41.33
1.580 1.600
23.42
3.930 3.000
2.63
3.930 3.450
9.16
3.930 4.500
28.24
3.640 0.930
-1.10
0.045 0.131 224.44
1.710 0.880
-3.51
0.920 1.180
42.39
0.075 0.510 620.00
0.285 0.500 110.53
1.520 1.680
42.76
0.485 0.980 119.59
0.485 1.000 130.93
0.630 0.300
15.87
7.000 7.500
17.14
7.000 10.000
45.71
7.000 9.000
42.57
7.000 9.000
40.57
3.780 2.770
-1.46
1.400 1.000
-5.36
1.350 1.250
10.74
0.825 1.000
43.64
0.070 0.100 100.00
1.000 0.900
22.00
2.500 2.800
12.40
1.250 1.440
26.40
1.250 2.100
77.20
6.150 7.200
18.37
8.570 8.000
-0.82
8.570 8.400
5.95
8.570 8.200
2.10
0.785 0.800
27.39
1.420 1.000
-0.70
0.690 1.000
72.46
0.460 1.560 250.00
8.490 8.000
5.54
1.120 0.600
2.68
1.120 1.090
31.70
2.170 1.890
14.75
0.495 0.500
37.37
7.477 7.050
8.73
1.160 2.300 109.91
0.055 0.180 254.55
2.290 1.340
1.75
2.290 1.450
1.92
2.290 1.590
6.77
2.290 1.775
6.77
2.290 2.300
22.05
0.065 0.100 107.69
0.065 0.100 100.00
0.405 1.000 166.67
0.685 0.710
29.20
0.495 0.350
-7.07
0.215 0.100
-2.33
1.500 1.800
38.33
0.045 0.040
22.22
0.950 1.000
11.58
18.48 19.30
5.52
18.48 18.00
2.16
7.000 6.000
5.36
0.645 0.600
26.36
0.105 1.000 871.43
0.385 0.250
0.00
25.60 23.00
2.97
EXPIRY
DATE
29/07/2016
31/03/2016
18/07/2016
26/11/2018
12/10/2019
06/06/2016
29/02/2016
29/04/2016
30/08/2016
20/07/2018
17/06/2019
08/06/2016
18/07/2016
31/03/2016
31/05/2016
18/12/2018
24/12/2019
03/06/2025
29/02/2016
30/08/2016
31/05/2016
09/08/2016
15/04/2016
31/01/2017
31/01/2017
28/02/2020
10/03/2016
05/06/2018
30/03/2016
30/03/2016
30/03/2016
28/04/2016
28/04/2016
28/04/2016
29/06/2016
29/06/2016
29/06/2016
28/07/2016
28/07/2016
28/07/2016
20/12/2020
31/05/2016
18/07/2016
31/05/2016
04/06/2018
17/02/2020
16/11/2020
25/02/2020
31/03/2016
10/06/2019
24/06/2016
20/04/2016
26/04/2017
14/08/2019
30/08/2016
21/11/2017
31/03/2016
18/07/2016
31/01/2017
15/08/2016
30/09/2016
31/03/2016
28/10/2016
29/07/2016
28/07/2016
20/10/2023
20/12/2017
26/08/2016
19/10/2016
12/06/2019
12/03/2024
15/11/2017
21/04/2020
21/01/2020
18/07/2016
31/05/2016
31/01/2017
31/01/2017
26/02/2016
17/04/2018
04/10/2020
26/01/2020
26/05/2023
04/09/2020
31/05/2016
16/03/2018
21/02/2020
30/06/2016
29/02/2016
08/06/2016
18/07/2016
28/11/2022
31/05/2016
09/07/2019
28/07/2017
08/06/2016
04/07/2016
23/08/2020
29/12/2017
27/10/2019
11/03/2016
14/09/2018
09/11/2017
30/06/2016
31/03/2016
30/08/2016
30/09/2016
29/07/2016
16/05/2022
15/01/2024
02/05/2017
15/12/2020
02/09/2016
18/01/2019
22/07/2020
20/03/2018
31/05/2016
30/06/2016
30/09/2016
18/07/2016
20/01/2024
28/02/2022
27/01/2020
30/06/2016
Jap
on
we
TO
ave
yes
ma
er
Co
cut
17
tha
giv
neg
cho
ove
ne
14
low
1.2
ke
12
oil
al
pe
US
ha
oil
mo
Bu
Ma
Y
H
0
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
1
0
1
0
1
0
0
1
0
0
0
0
0
0
0
0
0
0
Markets 2 9
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I E S
RY
ATE
016
016
016
018
019
016
016
016
016
018
019
016
016
016
016
018
019
025
016
016
016
016
016
017
017
020
016
018
016
016
016
016
016
016
016
016
016
016
016
016
020
016
016
016
018
020
020
020
016
019
016
016
017
019
016
017
016
016
017
016
016
016
016
016
016
023
017
016
016
019
024
017
020
020
016
016
017
017
016
018
020
020
023
020
016
018
020
016
016
016
016
022
016
019
017
016
016
020
017
019
016
018
017
016
016
016
016
016
022
024
017
020
016
019
020
018
016
016
016
016
024
022
020
016
Japan stocks — Nikkei falls
on strong yen and Japan Inc’s
weak forecasts, Sharp soars
TOKYO: Japan’s Nikkei share
average fell to a one-week low
yesterday as a stronger yen hurt
market sentiment, while bellwether companies such as Panasonic
Corp and Hitachi Ltd dived after
cutting earnings forecasts.
Meanwhile, Sharp Corp soared
17% after sources told Reuters
that the company has decided to
give Taiwan’s Foxconn preferred
negotiating rights in takeover talks,
choosing its more generous offer
over a rescue plan from a Japanese state-backed fund.
The Nikkei dropped 0.9% or
146.26 points to 17,044.99, the
lowest closing price since Jan 28.
The broader Topix dropped
1.2% to 1,388.81 and the JPX-Nikkei Index 400 shed 1.2% to
12,532.6.
Outperforming the market were
oil shares, after a top US Federal Reserve official tempered expectations on the pace of future
US interest rate increases, which
hammered the US dollar and lifted
oil prices.
Traders said that investors had
moved past the Bank of Japan’s
surprise move today to adopt a
negative interest rate policy, and
were focusing again on worries
about the global growth outlook.
Investors were on edge after
several Japanese companies cut
their full-year forecasts.
“Manufacturers which have
large exposures to China will likely suffer for a while,” said Masaru
Hamasaki, head of market & investment information department
at Amundi Japan, adding that investors are expected to look into
defensive shares this year.
“Many of the defensive stocks
are already at expensive levels,
so [the] key is whether the country’s fiscal policy can help domestic demand-sensitive companies
further grow”, Hamasaki said.
Panasonic dived 8% after it
forecast an operating profit of ¥410
billion for the year ending March
31, down from a previous estimate of ¥430 billion. Panasonic
depends on China for around 13%
of its sales.
Hitachi, which generates about
22% of its revenue from China,
plunged 10% after cutting its fullyear operating profit forecast to
¥630 billion from an earlier ¥680
billion estimate.
Recently battered oil shares
Shanghai Composite
Nikkei 225
Index points
20800
+41.78
(+1.53%)
4825
Index points
18580
2,781.02
sector. The S&P financial index
ended down just 0.1% after hitting
its lowest in more than two years.
Stocks’ late-day rally reversed
sharp losses in morning trading.
US data showed the economy’s
service sector expanded at a
slower-than-expected rate, raising concerns that weakness in
manufacturing was spreading to
other areas of the economy.
In other economic news, ADP
data showed private employers
added more jobs than expected in
January. The data comes ahead
of the government’s more comprehensive employment report today.
Tepid US growth, falling oil prices and fears regarding a China-led
global slowdown have combined
to drive stocks down sharply since
the start of the year.
After the bell, CBS Corp said
media mogul Sumner Redstone
had resigned as executive chairman. Shares in Viacom Inc, where
Redstone is also chairman, shot
up 10.6% to US$49.40. CBS
shares also were up.
During the session, about 10.2
billion shares changed hands on
US exchanges, above the 9.2 billion daily average for the past 20
trading days, according to Thomson Reuters data. — Reuters
Euro STOXX 50 Index
Dow Jones
Index points
5800
17625
14450
rose, with Inpex Corp climbing
“That is driving the rotation in
1.7% and JapanPetroleum Ex- the equity market out of momenploration rising 0.7%.
tum names into commodity-based
names,” he added.
US stocks — Dow Jones, S&P
Alphabet shares tumbled 4%
500 rally with energy, Alphabet to US$749.38 and the company
drops
moved back below Apple in market
capitalisation. Apple, the world’s
NEW YORK: US stocks staged most valuable company, rose 2%
a late-day rally on Wednesday at US$96.35.
as an 8% jump in oil prices lifted
Alphabet’s sell-off may be a
beaten-down energy shares and combination of broad-based weakfinancials rebounded.
ness in tech stocks that are tradThe Dow Jones Industrial Av- ing at high valuations and the deerage ended up 183.12 points parture of Amit Singhal as senior
or 1.13% at 16,336.66; the S&P vice-president of the company’s
500 gained 9.5 points or 0.5% to search business, said Kevin Kelly,
1,912.53 and the Nasdaq Com- chief investment officer at Recon
posite dropped 12.71 points or Capital Partners.
0.28% to 4,504.24.
“That was a little surprising, esThe Nasdaq stayed weaker pecially this close after earnings,”
but ended well off the day’s lows. he said, referring to Singhal’s deOil prices snapped a two-day parture.
rout as investors took advantage
Other high-flying tech names
of a weaker US dollar.
that fell on Wednesday includComments by Russia’s foreign ed Amazon, was down 3.8% at
minister reignited hopes of a deal US$531.07.
among oil producers to trim output.
The US dollar’s decline may
The energy index jumped 4%.
have eased worries about the im“What [markets] are keying pact of US dollar strength on US
off of is the move in commodities multinationals’ earnings. Shares
and in the US dollar,” said Walter of 3M Co, up 3.1% at US$152.52,
Todd, chief investment officer at led gains in the Dow.
Greenwood Capital Associates in
The S&P materials was up 3.3%,
Greenwood, South Carolina.
the day’s second-best performing
Index points
3900
16310
3415
14040
2930
2,896.63
-55.22
(-1.87%)
2,772.70
3850
10,172.06
3,087.842
2875
17,044.99
11275
-146.26
(-0.85%)
Mar 1, 2010
Feb 4, 2016
Feb 4, 2016
Main Market & Ace Market Warrants
YEAR
LOW
DAY
HIGH
DAY
LOW
0.185
0.130
0.610
0.120
0.340
2.300
1.110
0.405
0.130
0.035
0.110
0.150
0.105
0.070
0.060
0.530
0.550
0.170
0.320
0.200
0.050
0.160
0.325
0.275
0.145
0.210
0.245
0.070
0.080
0.210
1.050
0.440
1.000
0.140
1.200
0.230
0.185
1.260
0.377
0.270
0.245
0.165
0.730
0.765
0.400
0.710
0.310
0.235
0.110
0.020
0.330
0.005
0.120
0.705
0.735
0.160
0.045
0.005
0.030
0.010
0.075
0.020
0.020
0.090
0.085
0.050
0.085
0.070
0.015
0.020
0.010
0.070
0.030
0.015
0.135
0.045
0.050
0.095
0.265
0.060
0.795
0.040
0.620
0.065
0.045
0.630
0.165
0.115
0.145
0.130
0.075
0.170
0.085
0.170
0.055
0.105
0.180
0.065
0.345
0.015
0.150
1.070
0.920
0.360
0.055
0.005
0.055
0.080
0.080
0.035
0.035
0.320
0.350
0.050
0.100
0.150
0.020
0.035
0.135
0.130
0.055
0.050
0.210
0.070
0.070
0.125
0.790
0.155
0.890
0.060
1.170
0.170
0.050
0.635
0.180
0.130
0.165
0.145
0.485
0.550
0.255
0.440
0.170
0.115
0.160
0.065
0.345
0.010
0.150
1.050
0.895
0.340
0.050
0.005
0.050
0.075
0.075
0.035
0.030
0.305
0.335
0.050
0.100
0.130
0.015
0.030
0.130
0.120
0.050
0.040
0.205
0.070
0.070
0.120
0.785
0.145
0.860
0.060
1.150
0.165
0.050
0.630
0.165
0.120
0.155
0.145
0.440
0.505
0.245
0.440
0.160
0.105
CODE
5681CQ
6033CM
1945WC
8869CL
8869CM
8869WC
7088WB
7168WA
0007WA
0110WA
5256WA
7232WA
5270WA
0133WB
0133WC
7073WA
7073WB
5250CD
0055WA
4197C3
0060WA
521815
521816
521817
521818
521819
521820
521822
521823
5218HC
7155WA
0117WA
5242WA
5241WA
7103WA
7143WA
1201WB
5211WA
0148WA
710610
710611
710614
7106C2
7106C5
7106C6
7106C7
7106C8
7106C9
WARRANTS
PETDAG-CQ
PETGAS-CM
PJDEV-WC
PMETAL-CL
PMETAL-CM
PMETAL-WC
POHUAT-WB
PRG-WA
PUC-WA
RA-WA
REACH-WA
RESINTC-WA
RSENA-WA
SANICHI-WB
SANICHI-WC
SEACERA-WA
SEACERA-WB
SEM-CD
SERSOL-WA
SIME-C3
SKH-WA
SKPETROC15
SKPETROC16
SKPETROC17
SKPETROC18
SKPETROC19
SKPETROC20
SKPETROC22
SKPETROC23
SKPETRO-HC
SKPRES-WA
SMRT-WA
SOLID-WA
SONA-WA
SPRITZER-WA
STONE-WA
SUMATEC-WB
SUNWAY-WA
SUNZEN-WA
SUPERMX-C10
SUPERMX-C11
SUPERMX-C14
SUPERMX-C2
SUPERMX-C5
SUPERMX-C6
SUPERMX-C7
SUPERMX-C8
SUPERMX-C9
CLOSE
(RM)
+/(RM)
0.165
0.065
0.345
0.015
0.150
1.070
0.900
0.350
0.055
0.005
0.055
0.075
0.075
0.035
0.030
0.305
0.350
0.050
0.100
0.150
0.015
0.035
0.135
0.120
0.055
0.040
0.210
0.070
0.070
0.120
0.785
0.155
0.890
0.060
1.170
0.165
0.050
0.635
0.180
0.120
0.155
0.145
0.450
0.525
0.245
0.440
0.165
0.105
0.005
0.010
Unch
0.005
0.030
0.060
-0.020
0.015
0.005
Unch
0.010
-0.005
-0.005
Unch
-0.005
-0.010
-0.010
Unch
Unch
0.015
-0.005
0.010
0.035
0.015
0.015
0.005
0.020
0.025
0.020
-0.015
Unch
0.005
0.010
Unch
0.090
-0.005
0.005
-0.060
-0.060
-0.015
-0.015
-0.020
-0.040
-0.035
-0.020
-0.040
-0.010
-0.015
2445
1960
9500
Mar 1, 2010
Bursa Malaysia Equity Derivatives
YEAR
HIGH
+183.12
(+1.13%)
11770
1900
8100
16,336.66
10,403.79
VOL PARENT
EXE
(‘000)
PRICE PRICE
31.5
1
1.5
620.1
10
17
332.2
1654.2
147.2
998.4
1450.3
74
3333.4
21
121.2
363
20.1
60
15
331.9
213.5
2659.9
191
5313.5
109
36896.8
205
100
670
230
201
184.6
86.8
1190.9
59.6
179
4397
2.6
2.5
1091.6
507.4
50
4567.1
356
263.4
110
2647.5
2254.1
25.60
22.30
1.390
1.940
1.940
1.940
1.700
1.150
0.085
0.005
0.635
0.420
0.380
0.065
0.065
0.970
0.970
1.510
0.160
7.780
0.080
1.850
1.850
1.850
1.850
1.850
1.850
1.850
1.850
1.850
1.340
0.245
1.390
0.445
2.340
0.385
0.115
2.960
0.310
2.970
2.970
2.970
2.970
2.970
2.970
2.970
2.970
2.970
PR’M
(%)
24.86
7.42
24.00
10.54
1.000
-3.24
2.500
32.73
1.600
1.80
1.100
11.86
1.000
11.76
0.750
-4.35
0.100
82.35
0.170
3,400
0.750
26.77
0.500
36.90
0.500
51.32
0.100 107.69
0.100 100.00
1.000
34.54
1.000
39.18
1.580
12.91
0.180
75.00
7.900
9.25
0.100
43.75
2.200
25.54
1.800
11.89
1.700
8.11
2.000
20.00
1.900
8.76
1.600
14.86
2.080
27.57
2.180
32.97
1.700
4.86
0.550
-0.37
0.180
36.73
0.500
0.00
0.350
-7.87
1.180
0.43
0.300
20.78
0.175
95.65
2.250
-2.53
0.100
-9.68
3.170
22.90
3.300
31.99
3.700
46.55
2.100
1.01
2.100
6.06
2.200
3.77
2.200
3.70
3.000
23.23
3.300
27.02
EXPIRY
DATE
31/10/2016
30/06/2016
04/12/2020
08/06/2016
07/03/2016
22/08/2019
21/10/2020
06/07/2019
25/12/2024
22/03/2017
12/08/2022
29/09/2016
01/12/2023
13/03/2018
24/09/2019
16/05/2017
29/05/2019
28/04/2016
18/04/2023
30/09/2016
16/01/2017
30/08/2016
31/05/2016
30/09/2016
08/06/2016
07/03/2016
18/07/2016
28/11/2016
28/11/2016
31/05/2016
27/06/2017
01/08/2017
16/12/2020
30/07/2018
13/12/2016
21/06/2020
13/11/2018
17/08/2016
14/04/2019
31/10/2016
28/10/2016
04/10/2016
11/03/2016
18/07/2016
29/04/2016
31/05/2016
25/08/2016
29/07/2016
Mar 1, 2010
Mar 1, 2010
Feb 3, 2016
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.345
0.365
0.165
0.560
1.350
0.525
0.270
1.200
2.550
0.027
0.300
0.245
0.680
0.080
0.075
1.050
1.500
0.470
0.465
0.885
0.400
0.120
0.155
0.250
0.070
0.165
0.380
0.295
0.150
0.060
0.125
0.105
0.075
0.125
0.160
0.140
0.225
0.300
0.175
0.150
0.120
0.515
0.230
0.330
0.280
0.045
0.060
0.135
0.100
0.150
0.500
0.270
0.135
0.155
0.145
0.250
0.480
0.360
0.140
0.360
0.600
0.010
0.125
0.105
0.300
0.055
0.065
0.205
0.130
0.115
0.145
0.285
0.135
0.040
0.040
0.155
0.005
0.005
0.020
0.045
0.045
0.010
0.125
0.070
0.005
0.030
0.040
0.011
0.022
0.080
0.085
0.075
0.050
0.305
0.025
0.100
0.130
0.010
0.015
0.030
0.025
0.085
0.330
0.110
0.240
0.195
0.165
0.375
0.680
0.420
0.195
0.550
1.950
0.015
0.150
0.190
0.490
0.070
0.065
0.210
1.010
0.270
0.270
0.460
0.165
0.075
0.050
0.200
0.010
0.005
0.100
0.060
0.060
0.020
0.125
0.090
0.010
0.045
0.075
0.110
0.180
0.265
0.100
0.075
0.060
0.420
0.070
0.195
0.180
0.020
0.015
0.045
0.025
0.120
0.365
0.130
0.230
0.185
0.145
0.335
0.680
0.420
0.185
0.550
1.800
0.015
0.125
0.190
0.490
0.060
0.065
0.205
1.000
0.270
0.245
0.405
0.155
0.040
0.045
0.200
0.010
0.005
0.090
0.050
0.055
0.020
0.125
0.090
0.010
0.045
0.070
0.100
0.170
0.260
0.095
0.075
0.050
0.400
0.060
0.190
0.175
0.015
0.015
0.040
0.025
0.120
0.365
0.125
CODE
7082WB
1538WB
5012CF
8524WB
5191WA
534722
534725
7252WA
7034WA
7079WB
4863C9
0101WB
8397WC
7113C1
7113C2
7113C3
7113CU
7113CW
7113CX
7113CY
7113CZ
7173WA
5401CI
5042WB
5230CF
514817
514818
514819
514820
514825
514826
5243C3
5243CY
5243CZ
5005CJ
0069WB
0069WC
7240WA
6963CA
6963CB
6963CD
6963WA
9679WC
9679WD
9679WE
5156WC
0095WA
5155WA
7020WB
4677C2
6742WB
2283WA
WARRANTS
SYF-WB
SYMLIFE-WB
TAANN-CF
TALIWRK-WB
TAMBUN-WA
TENAGA-C22
TENAGA-C25
TEOSENG-WA
TGUAN-WA
TIGER-WB
TM-C9
TMCLIFE-WB
TNLOGIS-WC
TOPGLOV-C1
TOPGLOV-C2
TOPGLOV-C3
TOPGLOV-CU
TOPGLOV-CW
TOPGLOV-CX
TOPGLOV-CY
TOPGLOV-CZ
TOYOINK-WA
TROP-CI
TSRCAP-WB
TUNEPRO-CF
UEMS-C17
UEMS-C18
UEMS-C19
UEMS-C20
UEMS-C25
UEMS-C26
UMWOG-C3
UMWOG-CY
UMWOG-CZ
UNISEM-CJ
VIVOCOM-WB
VIVOCOM-WC
VOIR-WA
VS-CA
VS-CB
VS-CD
VS-WA
WCT-WC
WCT-WD
WCT-WE
XDL-WC
XINGHE-WA
XINQUAN-WA
YKGI-WB
YTL-C2
YTLPOWR-WB
ZELAN-WA
CLOSE
(RM)
+/(RM)
0.230
0.185
0.145
0.340
0.680
0.420
0.185
0.550
1.850
0.015
0.135
0.190
0.490
0.065
0.065
0.210
1.000
0.270
0.250
0.420
0.160
0.075
0.045
0.200
0.010
0.005
0.090
0.060
0.055
0.020
0.125
0.090
0.010
0.045
0.070
0.105
0.170
0.260
0.100
0.075
0.055
0.410
0.065
0.195
0.180
0.020
0.015
0.045
0.025
0.120
0.365
0.130
Unch
-0.010
-0.005
-0.010
0.060
0.005
0.005
0.050
0.010
Unch
Unch
Unch
Unch
-0.005
-0.010
-0.285
-0.030
-0.015
-0.035
-0.060
-0.010
0.015
0.005
0.020
Unch
Unch
-0.010
Unch
Unch
-0.010
-0.025
0.010
Unch
0.005
-0.010
Unch
-0.005
Unch
Unch
Unch
Unch
-0.010
Unch
-0.005
0.005
Unch
-0.005
Unch
-0.005
0.015
Unch
Unch
Feb 3, 2016
VOL PARENT
EXE
(‘000)
PRICE PRICE
2715.9
4.3
290.4
558.8
6.2
5
177
0.1
12.5
245
240
343.1
8.7
376
25
100
40
10
3174.3
1952
312.5
50.1
867
0.5
750
200
120
739.9
1383
50
20
100
278.7
200
282.2
5841.3
1529.2
17.7
185.4
200
1617
6161.2
4518.8
35.1
725.6
169.8
250
166.1
61
20
52.4
108.8
0.605
0.735
5.300
1.480
1.290
13.16
13.16
0.550
2.980
0.080
6.590
0.655
1.260
5.620
5.620
5.620
5.620
5.620
5.620
5.620
5.620
0.650
1.020
0.505
1.200
0.955
0.955
0.955
0.955
0.955
0.955
0.990
0.990
0.990
2.130
0.275
0.275
0.690
1.310
1.310
1.310
1.310
1.640
1.640
1.640
0.055
0.060
0.485
0.185
1.530
1.440
0.230
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
0.700
1.100
5.500
1.700
0.600
10.50
11.50
1.350
1.500
0.200
6.600
0.750
1.000
7.000
7.000
7.660
2.600
4.040
4.625
5.250
6.900
1.500
1.000
0.700
1.750
1.050
0.930
1.000
1.000
1.600
1.100
1.070
1.600
1.200
2.050
0.240
0.100
0.500
1.380
1.480
1.600
1.650
1.540
1.710
2.080
0.115
0.100
1.000
0.500
1.500
1.140
0.250
PR’M
(%)
53.72
74.83
17.45
37.84
-0.78
2.13
1.44
245.45
12.42
168.75
7.32
43.51
18.25
38.43
37.28
53.11
-0.36
7.92
8.99
12.10
39.86
142.31
6.86
78.22
48.33
11.52
11.52
14.14
21.99
74.87
34.82
21.72
64.65
32.58
9.39
25.45
-1.82
10.14
28.24
30.15
36.41
57.25
-2.13
16.16
37.80
145.45
91.67
115.46
183.78
5.88
4.51
65.22
EXPIRY
DATE
11/11/2019
11/11/2020
30/09/2016
11/11/2018
30/05/2017
30/09/2016
29/04/2016
29/01/2020
09/10/2019
23/12/2018
31/03/2016
21/06/2019
26/12/2018
31/01/2017
31/01/2017
15/08/2016
11/03/2016
28/10/2016
10/08/2016
31/05/2016
28/10/2016
20/04/2018
31/03/2016
28/12/2020
08/06/2016
26/02/2016
30/08/2016
29/04/2016
18/07/2016
31/05/2016
30/09/2016
31/10/2016
29/07/2016
18/07/2016
29/07/2016
07/09/2018
22/01/2020
31/03/2024
28/10/2016
28/10/2016
29/07/2016
06/01/2019
10/03/2016
11/12/2017
27/08/2020
02/07/2018
22/03/2019
24/06/2019
28/05/2020
31/05/2016
11/06/2018
25/01/2019
30 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX
Trading themes
Insider moves (Filings on Feb 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)
ALAM MARITIM RESOURCES
AL-’AQAR HEALTHCARE REIT
AMMB
ASTRO MALAYSIA
AXIS REAL ESTATE INVEST TRUST
(300,000)
(350,000)
(685,400)
(169,000)
(160,000)
BIMB
BIMB
BIMB
3,372,600
500,000
2,808,300
BRITISH AMERICAN TOBACCO (M)
167,500
CAHYA MATA SARAWAK
CIMB GROUP
248,800
1,870,000
CIMB GROUP
DATASONIC GROUP
DIGI.COM
(2,695,100)
600,000
3,000,000
DIGI.COM
FRASER & NEAVE
7,356,300
2,000,000
FRASER & NEAVE
GAMUDA
51,400
851,400
GLOBETRONICS TECHNOLOGY
HARTALEGA
HONG LEONG BANK
IHH HEALTHCARE
IJM CORPORATION
IMASPRO CORPORATION
INARI AMERTRON
IOI CORPORATION
IOI PROPERTIES GROUP
KUALA LUMPUR KEPONG
641,700
1,960,500
(444,400)
(2,057,400)
(1,000,000)
(119,000)
888,500
(2,220,300)
(561,000)
(100,000)
KUALA LUMPUR KEPONG
KULIM (M)
MAH SING GROUP
MALAKOFF CORPORATION
MALAYAN BANKING
(500,000)
760,000
(329,100)
(2,000,000)
14,334,539
MALAYAN BANKING
MALAYSIA AIRPORTS
(5,734,400)
80,000
MAXIS
MAXIS
4,949,900
3,000,000
ML GLOBAL
ML GLOBAL
ORIENTAL
(7,000,000)
(700,000)
(210,600)
PAVILION REAL ESTATE INVEST TRUST
PETRONAS CHEMICALS GROUP
PETRONAS DAGANGAN
PETRONAS GAS
PUBLIC BANK
RHB CAPITAL
SIME DARBY
SUNWAY
107,300
(1,729,700)
(400,000)
(494,900)
(807,100)
(130,000)
(828,700)
(936,300)
SUNWAY REAL ESTATE INVEST TRUST
689,300
TA ANN
TAN CHONG MOTOR
TELEKOM MALAYSIA
TELEKOM MALAYSIA
(232,100)
155,800
685,700
5,550,000
TENAGA NASIONAL
4,353,200
TENAGA NASIONAL
TIME DOTCOM
UOA DEVELOPMENT
WAH SEONG CORPORATION
WCT
WESTPORTS
YINSON
YTL CORPORATION
(6,900,000)
(207,300)
333,000
(318,300)
502,500
252,800
716,000
(2,000,000)
DIRECTOR/SUBSTANTIAL
SHAREHOLDER
POH YANG HONG
LEMBAGA TABUNG HAJI
EMPLOYEES PROVIDENT FUND BOARD
AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
PERMODALAN NASIONAL
AMANAHRAYA TRUSTEES
MITSUBISHI UFJ FINANCIAL GROUP INC.
(JAPAN)
MITSUBISHI UFJ FINANCIAL GROUP INC.
(JAPAN)
CHEW BEN BEN
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
CHAN WENG FUI
AMANAHRAYA TRUSTEES
WAQAF AN-NUR CORPORATION
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
DISTINCT TREASURES S/B
DISTINCT TREASURES S/B
ABERDEEN ASSET MGMT PLC
& ITS SUBSIDIARIES, UK
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
AMANAHRAYA TRUSTEES
SHARES HELD
AFTER CHANGE
TRANSACTION
DATE
73,100,000
69,246,056
487,545,137
324,225,600
128,480,828
2/2
28/1
28/1
28/1
28/1
92,827,303
200,891,201
82,808,300
26/1
27/1
26/1
19,561,657
28/1
95,516,627
837,836,996
28/1
26/1 & 1/2
1,492,974,421
334,453,300
490,689,900
26 & 27/1
3/2
28/1
1,106,325,940
61,574,200
28/1
27/1
30,209,530
156,931,700
27/1
28/1
20,557,500
122,082,100
295,046,071
709,935,900
497,802,578
2,888,000
61,498,527
536,629,059
343,279,686
71,233,000
28/1
28/1
28/1
28/1
28/1
2/2
28/1
28/1
28/1
29/1
136,083,588
72,981,982
243,513,061
903,712,833
3,606,577,200
28/1
27 & 28/1
28 & 29/1
28/1
29/1
1,546,185,283
197,663,087
28/1
28/1
573,395,600
618,497,800
28/1
28/1
8,027,960
73,295,300
2/2
29/1
29/1
151,246,100
28/1
802,094,700
51,062,800
238,489,600
602,401,768
1,294,178,268
819,324,109
98,000,000
14, 15 & 18/1
28/1
28/1
28/1
28/1
28/1
28 & 29/1
282,934,000
28/1
28,163,982
56,563,100
603,426,936
446,912,095
28/1
28/1
28/1
28 & 29/1
486,353,200
26 & 27/1
Two-year goverment bond yields
Dealer decline
Number of primary dealers in goverment bonds by market in 2016 vs 2012
Stocks closest to year high
STOCK
984,842,482
35,466,000
87,269,200
53,317,281
86,511,880
175,232,300
111,262,400
767,584,147
26 & 27/1
28/1
28/1
28/1
28/1
28/1
28/1
28/1
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 shareholdings 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
NIL
HIGH
(RM)
LOW
(RM)
Stocks closest to year low
CLOSE
(RM)
VOLUME
('000)
OMEDIA-WA
0.120
0.100
0.110
3829.7
CWORKS
0.705
0.675
0.680
5126
UOAREIT
1.600
1.560
1.560
25.9
LAYHONG
9.490
9.350
9.380
96.5
ATURMJU
1.040
0.980
1.000
4471.8
ARMADA-C12
0.070
0.070
0.070
400
PRG
1.170
1.140
1.150
1858
PADINI
2.170
2.040
2.100
5655.7
HAPSENG
7.520
7.300
7.350
2254.4
TPC-WA
0.255
0.240
0.245
864.7
HAPSENG-WA
5.850
5.650
5.750
28.9
HAPSENG-CK
0.590
0.570
0.590
34
This table shows stocks that are trading near their year high. This
could suggest a build-up in buying momentum, or the possibility that
profit-taking activities could set in later.
STOCK
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
AEON
2.510
2.470
2.500
260.4
MJPERAK-PA
0.200
0.190
0.200
63.6
SKH
0.080
0.075
0.080 13870.4
TM-C9
0.150
0.125
0.135
240
FBMKLCI-H5
0.025
0.015
0.020 10769.9
HARTA-CT
0.070
0.070
0.070
20
FBMKLCI-H23
0.300
0.295
0.295
64
KOSSAN-CK
0.070
0.070
0.070
25
KAREX-CL
0.155
0.135
0.135
290
FBMKLCI-H6
0.190
0.190
0.190
38
FBMKLCI-H9
0.160
0.155
0.155
49
TOPGLOV-C2
0.065
0.065
0.065
25
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
0.601
1.663
US
SWISS
BRIT CANADA BRUNEI S’PORE
UAE
INA
INDIA
JAPAN NORWAY
PHIL
QATAR
SAUDI SWEDEN
0.919
0.949
0.944
0.931
2.7910
4.421
52.782
4.487
2.469
9,166
45.401
79.092
5.709
31.986
2.447
2.520
5.643
23.890
5.235
1.528
1.579
1.570
1.548
4.6428
7.355
87.802
7.464
4.107
15,247
75.523
131.569
9.496
53.208
4.071
4.192
9.387
39.741
8.708
7.788
0.999
STERLING £
2.173
1.306
1.460
1.461
CANADA $
1.089
0.654
0.732
0.732
0.501
BRUNEI $
1.053
0.633
0.708
0.709
0.485
0.968
SINGAPORE $
1.059
0.637
0.712
0.713
0.488
0.973
1.006
AUSTRALIA $
1.074
0.646
0.722
0.723
0.495
0.987
1.020
1.014
MALAYSIA RM
0.358
0.215
0.241
0.241
0.165
0.329
0.340
0.338
22.618
13.597
15.204
15.213
10.411
20.775
21.471
1.895
1.139
1.274
1.274
0.872
1.740
1.799
100 DANISH KRONER
22.287
13.398
14.981
14.990
10.258
20.471
100 UAE DIRHAM
40.506
24.350
27.229
27.245
18.645
1000 INA RUPIAH
0.109
0.066
0.073
0.073
0.050
100 INDIA RUPEE
2.203
1.324
1.481
1.482
1.014
1.001
0.685
1.366
1.412
1.404
1.385
4.1520
6.577
78.520
6.675
3.673
13,635
67.540
117.660
8.493
47.583
3.641
3.749
8.395
35.540
0.684
1.366
1.411
1.403
1.384
4.1495
6.573
78.473
6.671
3.670
13,627
67.499
117.590
8.487
47.554
3.639
3.747
8.390
35.519
7.783
1.996
2.062
2.051
2.022
6.0636
9.605
114.671
9.748
5.363
19,913
98.635
171.832
12.403
69.490
5.317
5.475
12.260
51.903
11.373
1.034
1.028
1.013
3.0386
4.813
57.464
4.885
2.688
9,979
49.428
86.109
6.215
34.823
2.664
2.744
6.144
26.010
5.699
0.994
0.980
2.9401
4.657
55.601
4.727
2.601
9,656
47.826
83.317
6.014
33.694
2.578
2.655
5.944
25.166
5.515
0.986
2.9568
4.684
55.917
4.754
2.615
9,710
48.098
83.791
6.048
33.886
2.593
2.670
5.978
25.309
5.546
2.9986
4.750
56.708
4.821
2.652
9,848
48.778
84.975
6.133
34.365
2.629
2.708
6.063
25.667
5.624
0.333
1.0000
1.584
18.911
1.608
0.885
3,284
16.267
28.338
2.045
11.460
0.877
0.903
2.022
8.560
1.876
21.350
21.052
63.1280
1,194
101.489
55.839
1,789
129.123
723.464
55.354
57.001
127.634
540.359
118.409
1.788
1.763
5.2878
8.376
8.501
4.677
17,366
86.016
149.847
10.816
60.600
4.637
4.775
10.691
45.262
9.918
21.156
21.037
20.744
62.2020
98.53
55.020
204,276
1,011.83
1,763
127.23
712.85
54.54
56.16
125.76
532.43
116.67
37.206
38.452
38.235
37.702 113.0534
179.09
2,138
181.75
1,839
3,204
231.24
1,296
99.13
102.08
228.58
967.71
212.05
0.100
0.104
0.103
0.102
0.3045
0.482
5.759
0.490
0.269
4.953
8.629
0.623
3.490
0.267
0.275
0.616
2.606
0.571
2.023
2.091
2.079
2.050
6.1475
9.738
116.258
9.883
5.438
174.209
12.574
70.452
5.390
5.551
12.429
52.621
11.531
1,176
207,317 1,026.889
371,276
20,189
1.264
0.760
0.850
0.850
0.582
1.161
1.200
1.193
1.177
3.5288
5.590
66.735
5.673
3.121
11,589
57.402
17.517
10.530
11.775
11.782
8.063
16.090
16.629
16.535
16.304
48.8900
77.446
925
78.599
43.245
160,558
795.283
1,385
7.218
2.910
40.441
3.094
3.186
7.135
30.206
6.619
560.292
42.869
44.145
98.848
418.486
91.703
3.126
1.879
2.102
2.103
1.439
2.872
2.968
2.951
8.7258
13.822
165.017
14.028
7.718
28,656
141.941
247.274
17.848
100 QATAR RIYAL
40.861
24.564
27.467
27.484
18.808
37.532
38.789
38.570
38.032 114.0440
180.655
2,157
183.345
100.876
374,529
1,855
3,232
233.267
100 SAUDI RIYAL
39.681
23.854
26.674
26.690
18.265
36.448
37.669
37.456
36.934 110.7495
175.436
2,094
178.048
97.962
363,709
1,802
3,138
226.528
1,269
97.111
100 SWEDISH KRONOR
17.721
10.653
11.912
11.920
8.157
16.277
16.823
16.728
16.494
49.4600
78.349
935.358
79.515
43.749
162,430
804.555
1,402
101.166
566.825
43.369
44.659
4.186
2.516
2.814
2.815
1.927
3.845
3.974
3.951
3.896
11.6826
18.506
220.934
18.782
10.334
38,367
190.038
331.064
23.896
133.886
10.244
10.549
23.620
19.102
11.483
12.840
12.848
8.792
17.545
18.133
18.031
17.779
53.3135
84.453 1,008.232
85.710
47.158
175,085
867.238
1,511
109.048
610.987
46.748
48.139
107.791
100 HK$
HK
0.766
0.894
100 THAI BAHT
THAI
0.460
0.894
100 PHILIPPINE PESO
DENM’K
1.119
1.488
100 NORWEGIAN KRONER
BANGL’H
0.673
1.487
100 JAPAN YEN
CHINA
1.118
US $
100 CHINESE RMB
M’SIA
0.672
SWISS FR
100 BANGLAD’H TAKA
AUST
7.651
1,307
7.879
17.642
74.691
16.367
102.975
230.578
976.187
213.912
947.987
207.733
423.365
92.772
223.917
21.913
456.349
Note: Run your finger down the left-hand side until you reach the country of origin you plan to exchange. Then move your finger until that line intersects with the vertical column of the currency you wish to buy. The figure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES
Money market
Index futures
Long Rolls - KLCI futures
FKLI
Index points
1980
Open Interest
1,650.00 90000
(+22.00)
Index points
-6.50
18.00
US Dollar
Klibor
USD Index
Implied interest rate (%)
102.00
(-2.00)
4.5
96.816
3.74
(-0.472)
1790
68000
4.75
94.25
1600
46000
-8.50
86.50
1410
24000
-21.75
78.75
(Unch)
3.5
2000
1220
Jan 4, 2010
Feb 4, 2016
2.5
71.00
-35.00
Jan 4, 2010
FBM KLCI futures close higher
in line with cash market
Feb 4, 2016
FBM KLCI futures
INDEX AND FUTURES
CONTRACT
LAST
CHANGE
VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
The FBM KLCI futures contracts on Bursa Malay- FBMKLCI 1,656.77 23.47 143.3M
1,650.00
22.00
8,575 46,830
-1,529
sia Derivatives closed higher yesterday buoyed FEB 16
1,643.00
19.50
244
806
95
by the firmer cash market. The FBM KLCI ended MAR 16
JUN 16
1,624.00
16.50
17
63
4
the day 23.47 points higher at 1,656.77.
SEP 16
1,613.00
15.50
3
6
3
February 2016 advanced 22 points to TOTAL
8,839 47,705
-1,427
1,650; March 2016 rose 19.5 points to 1,643;
BID
OFFER
CLOSE
June 2016 improved 16.5 points to 1,624 and FUTURES ROLL OVER
-5.5
-7.0
-6.5
September 2016 jacked up 17.5 points to 1,615. FEB/MAR
Turnover contracted to 8,839 lots from FUTURES FAIR VALUE
DAYS TO EXPIRY
KLIBOR DIVIDEND FAIR VALUE
9,835 lots on Wednesday, while open inter- CONTRACT
26
3.78
5.20
-1.42
est declined to 47,705 contracts from 49,250 FEB 16
MAR 16
57
8.47
10.29
-1.82
contracts previously.
ROLL’S FAIR
-0.40
Southeast Asian stock markets rose yesterday as a rebound in global oil prices lured
buyers of battered energy shares, with the
Philippine benchmark posting its biggest
4.2%, while First Gen Corp advanced 3.4%,
gain in more than a week.
The Philippine Index jumped 2%, its best both among the top gainers, stock exchange
one-day gain since Jan 27. Petron Corp rose data showed. — Agencies
Commodities
CPO vs Soyoil
Open Interest
4200
200000
3450
2700
1950
2,531
1200
Jan 6, 2008
Feb 4, 2016
1.5
Oct 1, 2000
No traction for US dollar after
Fed rate expectations collapse
Klibor
The US dollar was back on the defensive in
yesterday morning trade in Europe after a
collapse in expectations of a further rise in
US interest rates this year drove its biggest
daily fall in over two months on Wednesday.
The euro hit a 3½-month high of
US$1.1192, extending its gains from the US
dollar’s sell-off a day earlier.
The triggers then were a weak batch of
US sentiment data and Federal Reserve
Bank of New York president, William Dudley’s warning that a weakening outlook for
the global economy would have to be taken
into account for upcoming rate decisions.
European Central Bank president Mario
Draghi’s repeated assertion that the bank
would not hesitate to do what is necessary
to get inflation back to its roughly 2% target
did little to weaken euro buying. — Reuters
FEB6
MAR6
APR6
JUN6
SEP6
DEC6
MAR7
JUN7
SEP7
DEC7
MAR8
JUN8
SEP8
DEC8
MAR9
JUN9
SEP9
DEC9
MAR0
JUN0
SEP0
DEC0
TOTAL
Feb 4, 2016
MONTH
SETTLEMENT
PRICE
CHANGE
96.28
96.27
96.26
96.27
96.27
96.24
96.24
96.19
96.15
96.10
96.10
96.10
96.10
96.10
96.10
96.10
96.10
96.10
96.10
96.10
96.10
96.10
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
VOLUME
OPEN
INTEREST
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0
—
120
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
120
CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation.
CPO & Open Interest
CPO RM/tonne
Oct 2, 2006
(-16)
Crude Oil
Gold
CPO RM/tonne
Soyoil US$/Ibs
US$/bbl
US$/troy oz
6400
2,884 0.7300
155.00
(RM0.3156/tonne)
1980
32.50
(+0.22)
152500
5100
0.5475
121.25
105000
3800
0.3650
87.50
1340
57500
2500
0.1825
53.75
1020
10000
Feb 4, 2016
Palm oil falls from 20-month
high on stronger ringgit
(-16)
Jan 6, 2008
0.0000
Feb 4, 2016
CPO futures
CONTRACT
FEB-16
MAR-16
APR-16
MAY-16
JUN-16
LAST
2,455
2,490
2,531
2,522
2,502
CHANGE
1
-15
-16
-21
-20
VOLUME
365
2,366
26,325
8,750
4,823
OPEN CHANGE IN
INTEREST OPEN INTEREST
4,708
19,784
68,566
53,022
18,086
1,147.20
(+6.00)
2,531
1200
1660
-384
-1,804
1,410
-601
1,175
Malaysian palm oil futures ended lower yesterday and snapped two sessions of gains
after hitting a 20-month high earlier in the
CPO/SOYOIL
session, on the back of a stronger ringgit and CPO FUTURES
INDICATIVE ROLL-OVER FUTURES BASIS (USD)
weaker export demand.
CURRENT
-57.12
FEB/MAR
-35
The palm oil contract for April delivery FEB/APR
3 MONTHS AVERAGE
-69.45
-76
on the Bursa Malaysia Derivatives rose as FEB/MAY
6 MONTHS AVERAGE
-67.91
-67
much as 0.82% to RM2,568 a tonne, its high- MAR/APR
-41
est since May 19, 2014, before settling down SGS & ITS EXPORT ESTIMATES (TONNES)
NOV’2015
DEC’2015
JAN’16
0.6% at RM2,531 per tonne. Traded volume SHIPMENT DAYS
1 - 10TH DAYS
451/435
299/280
322/323
stood at 48,968 lots of 25 tonnes each.
704/725
464/467
489/487
“The ringgit is firmer, and there are ex- 1- 15TH DAYS
DAYS
994/970
744/728
666/667
pectations of a bumper crop in Brazil,” said a 11 -- 20TH
25TH DAYS
1,216/1,200
1,015/1,010
931/925
trader from Kuala Lumpur, referring to soy- FULL MONTH
1,351/1,345
1,272/1,272 1,149/1,145
bean output in the South American country. MALAYSIAN PALM OIL BOARD
SEPT’15
OCT’15
NOV’15
DEC’15
An oversupply of soybeans from South
1,959
2,037
1,653
1,399
America would send soyoil prices lower, PRODUCTION
1,678
1,712
1,499
1,483
narrowing its spread with palm oil. A dis- EXPORT
STOCKS
2,628
2,834
2,908
2,631
count would help soyoil grab market share
MPOB Palm oil physical
from palm oil in top consumers China and
FEB’2016
MAR’2016
APR’2016
India, who favour importing soybeans to (IN RM/TON)
CPO DELD
2,373
2,490
2,510
crush for domestic consumption.
PK EX-MILL
1,990
2,010
2,010
Exports of palm oil products have been CPKO DELD
4,088
4,097
4,051
falling, with cargo surveyor data showing an RBD P.OIL FOB
2,450
2,479
2,512
almost 10% drop in January shipments from RBD P.OLEIN FOB
2,392
2,504
2,616
2,305
2,346
2,367
Malaysia compared with the previous month. RBD P.STEARIN FOB
The ringgit rebounded 1.8% to 4.1450 against MPOB FFB REF PRICE (MILL GATE PRICE)
GRADE A
GRADE B
GRADE C
the US dollar. A stronger ringgit makes palm REGION
OER (RM/TON)
OER(RM/TON)
OER (RM/TON)
oil costlier for holders of foreign currencies. NORTH
20.00% 511
19.00% 488
18.00% 466
In competing vegetable oil markets, the SOUTH
20.00% 526
19.00% 502
18.00% 479
20.00% 524
19.00% 500
18.00% 477
US March soyoil contract gained 0.6%, while CENTRAL
the May soybean oil contract on the Dalian EAST COAST 20.00% 516 19.00% 493 18.00% 470
22.00% 500
21.00% 479
20.00% 458
Commodity Exchange rose 0.9%. — Reuters SABAH
SARAWAK
22.00% 509
21.00% 486
20.00% 465
20.00
Apr 10, 2007
700
Feb 4, 2016
Oil prices gain on US dollar
slide after oil producer meeting
Crude oil futures extended gains from the
previous session yesterday as a weaker US
dollar and unconfirmed talk of oil producers potentially meeting to discuss output
cuts lifted the market despite record US
stocks due to overproduction.
Traders said the liquidation of a US$600
million leveraged fund bet on falling prices
was also in part responsible for the jump
in prices.
But despite the rise, analysts said prices would remain low in 2016 and 2017 as
global demand slows and inventories swell.
US crude futures were trading at
US$32.50 per barrel yesterday, up 22 US
cents from the previous session’s close
when they rallied 8% from below US$30
per barrel.
Meanwhile, US Brent crude was up two
US cents at US$35.06 per barrel. — Reuters
Centrifuged Latex
Aug 31, 2008
Commodities
AGRICULTURE
UNIT
EXCHANGE
RM/TON
SEN/KG
USC/BSH
USC/BSH
USC/BSH
USC/IBS
US$/TON
USC/IBS
USC/IBS
USC/IBS
MDEX
MRB
CBOT
CBOT
CBOT
CME
NYBOT
NYBOT
NYBOT
NYC
2,531
452.00
373.25
880.50
482.00
135.85
2,841
124.60
13.04
61.92
-16
-2.50
2.25
3.75
2.00
1.125
4
1.10
0.20
-0.49
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
14,750
2.11
1,147.20
890.20
507.20
14.79
10,900
13,945
200
0.01
6.00
10.10
-8.85
0.05
220
550
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
32.50
0.22
1.0977 0.0080
2.095 -0.028
35.06
0.02
312.00
7.75
Sen/Kg
1100
1700
900
1325
362.50
950
(-2.00)
500
452.00
(-2.50)
575
300
Jan 7, 2007
LAST PRICE CHANGE
Rubber - M’sia SMR 20
Sen/Kg
700
Feb 4, 2016
200
Feb 4, 2016
Jan 7, 2007
Feb 4, 2016
Markets
32
F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP
I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S PA G E 2 9
M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 2 5
RESEARCH: TAI TS [[email protected]; SUGUMARAN [[email protected]]
KLCI 1,656.77
23.47 FBM ACE
5,901.86
FTSTI 2,558.49
20.69
7.75
NIKKEI 17,044.99
146.26 HANG SENG
There is only one success...to be able to spend your
life in your own way. — Christopher Morley
STOCK
Index point
1,656.77
KL Composite Index
(+23.47)
1,650.00
KLCI futures
8:45 9:30
10:30
11:30
12:45
14:30
(+22.00)
15:30
16:30 17:15
Daily FBM KLCI
Moving average - 20-day
KL Composite Index
1950.0
HUBLINE
BORNOIL-WC
RGB
BIMB-WA
BJAUTO-CH
RCECAP
SUNZEN
TEKSENG
FLONIC
MARCO
E&O
TADMAX
SKPETROC15
SBCCORP
KTB
TROP
VOLUME
('000)
CHANGE
(%)
CHANGE
(RM)
CLOSE
(RM)
HIGH
(RM)
LOW
(RM)
344,472
39,510
38,191
19,662
5,400
5,069
4,832
3,213
3,076
3,074
2,905
2,829
2,660
2,528
2,263
1,814
0.00
0.00
3.13
16.67
0.00
7.84
0.00
4.35
25.00
6.67
5.10
9.37
40.00
2.82
2.38
2.00
0.000
0.000
0.005
0.040
0.000
0.020
0.000
0.050
0.010
0.010
0.080
0.030
0.010
0.020
0.005
0.020
0.010
0.080
0.165
0.280
0.005
0.275
0.310
1.200
0.050
0.160
1.650
0.350
0.035
0.730
0.215
1.020
0.015
0.080
0.175
0.285
0.005
0.280
0.330
1.210
0.050
0.160
1.650
0.355
0.035
0.760
0.220
1.050
0.005
0.070
0.165
0.225
0.005
0.270
0.295
1.150
0.045
0.150
1.570
0.330
0.030
0.720
0.210
1.000
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.
1,656.77
(+23.47)
1667.5
FBM KLCI rises 23.47 points as
ringgit strengthens with crude oil
1,636.10
1385.0
1102.5
820.0
Jan 2, 2008
Feb 4, 2016
900
600
300
0
Volume (’mil)
FBM KLCI futures
CONTRACT
SETTLEMENT
CHANGE
HIGH
LOW
FEB 16
MAR 16
JUN 16
1,650.00
1,643.00
1,624.00
22.00
19.50
16.50
1,653.50
1,647.00
1,627.00
1,633.50
1,629.50
1,615.50
KLCI
POINTS
CHANGE
(RM)
CLOSE
(RM)
VOLUME
('000)
4.08
2.68
2.16
1.95
1.61
1.59
1.16
1.02
0.94
0.92
0.81
0.66
0.61
0.55
0.40
-0.82
20.31
3.16
23.47
0.380
0.210
0.130
0.130
0.160
0.250
0.080
0.100
0.280
0.070
0.400
0.100
0.360
0.050
0.220
-1.700
7.780
6.150
8.570
5.850
4.520
7.800
4.100
1.850
22.300
4.980
16.300
18.480
25.600
4.700
23.480
56.200
2888.5
12227.5
12893.4
16365.3
8088.5
2898.7
8767.5
26538.6
537.3
8492.1
478.6
5757.4
321.5
9191.8
1780.2
326.7
FBM KLCI sensitivity*
SIME DARBY
MAXIS
MAYBANK
AXIATA GROUP
GENTING MALAYSIA
GENTING
CIMB GROUP
SAPURA-KENCANA
PETRONAS GAS
DIGI.COM
PPB GROUP
PUBLIC BANK
PETRONAS DAGANG
IOI CORPORATION
K.LUMPUR KEPONG
BRITISH AME TOBACCO
SUB-TOTAL
OTHERS
GRAND TOTAL
* How stock price changes affected the index on the previous trading day
2.99
5.00
STI 2562.45
16.27
RM/USD 4.2100
CPO RM2480.00
23.00
OIL US$33.57
0.47
GOLD US$1120.00
4.00
PP 9974/08/2013 (032820)
FRIDAY JANUARY 29, 2016 ISSUE 2096/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
Govt’s plan to raise cash wipes out
over RM9b in telcos’ market value
6 HOME BUSINESS
INFOGRAPHIC BY CHERYL LOH/THE EDGE GRAPHICS
DOW JONES
16,336.66
183.12
Market movers
Daily top 20 active stocks
HUBLINE
XDL
TIGER
XOX
BORNOIL-WC
RGB
SKPETROC19
BJCORP
SUNZEN-OR
AAX
BIOHLDG
SKPETRO
OCR
HSI-HQ
BORNOIL
VIVOCOM
BIMB-WA
APFT
HIBISCS
DUFU
TURNOVER
(‘000)
CHANGE
(RM)
CHANGE
(%)
PRICE
(RM)
PE
RATIO
DIVIDEND
YIELD (%)
344,472.1
84,369.9
66,378.3
45,417.8
39,510.2
38,191.4
36,896.8
31,807.3
31,077.7
29,569.0
27,050.0
26,538.6
26,258.7
26,077.8
23,108.9
19,893.5
19,661.6
19,395.9
19,321.2
17,390.7
UNCH
0.005
UNCH
0.005
UNCH
0.005
0.005
0.015
-0.055
UNCH
UNCH
0.100
0.020
-0.065
UNCH
UNCH
0.040
-0.005
0.025
0.040
UNCH
10.00
UNCH
2.50
UNCH
3.13
14.29
3.95
-45.83
UNCH
UNCH
5.71
4.21
-12.38
UNCH
UNCH
16.67
-2.17
13.51
7.77
0.010
0.055
0.080
0.205
0.080
0.165
0.040
0.395
0.065
0.240
0.330
1.850
0.495
0.460
0.145
0.275
0.280
0.225
0.210
0.555
—
12.82
200.00
19.05
—
10.06
—
2.20
—
—
—
16.76
—
—
13.68
88.71
—
—
—
12.84
0.00
0.00
0.00
0.00
0.00
1.56
0.00
2.63
0.00
0.00
0.00
1.15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3.88
Top gainers and losers (ranked by RM)
UP
NESTLE
PPB
SIME
PETDAG
LAFMSIA
PANAMY
PETGAS
GENTING
KLK
MAXIS
BURSA
GENM
CLOSE
CHANGE
(RM)
74.680
16.300
7.780
25.600
9.200
24.780
22.300
7.800
23.480
6.150
8.370
4.520
0.560
0.400
0.380
0.360
0.310
0.300
0.280
0.250
0.220
0.210
0.170
0.160
0.015
0.070
0.035
0.070
0.035
0.035
0.055
0.135
0.020
0.020
50.00
40.00
40.00
40.00
40.00
40.00
37.50
35.00
33.33
33.33
DOWN
CLOSE
CHANGE
(RM)
BAT
KOSSAN
TOPGLOV-C3
HSI-HU
HARTA
TOPGLOV
KAREX
INARI-WA
HSI-HO
HSI-HS
SHELL
HSI-HR
56.200
7.000
0.210
1.320
5.180
5.620
3.930
3.000
2.380
1.520
3.500
0.930
-1.700
-0.410
-0.285
-0.230
-0.230
-0.220
-0.210
-0.200
-0.200
-0.180
-0.180
-0.150
HSI-CZ
MHC-WA
SUNZEN-OR
FBMKLCI-H5
UEMS-C25
SKH-WA
XINGHE-WA
SUNZEN-WA
KBUNAI-WC
INNO-OR
0.010
0.050
0.065
0.020
0.020
0.015
0.015
0.180
0.015
0.195
-50.00
-50.00
-45.83
-33.33
-33.33
-25.00
-25.00
-25.00
-25.00
-25.00
KUALA LUMPUR: The FBM KLCI rose 23.47 points and
closed at 1,656.77 yesterday, tracking regional share gains
as a crude oil price rise buoyed sentiment.
Such sentiment augured well for the ringgit as crude oil
forms a crucial portion of the Malaysian economy and government revenue. The ringgit strengthened to 4.1452 against
the US dollar.
Reuters reported that crude oil futures extended gains
from the previous session yesterday as a weaker US dollar Top gainers and losers (ranked by percentage)
and unconfirmed talk of producers potentially meeting to
UP
CHANGE
DOWN
CHANGE
discuss output cuts lifted the market despite record US stocks
CLOSE
(%)
CLOSE
(%)
due to overproduction.
BJAUTO-CL
0.155
72.22
ENCORP-WA
0.005
-80.00
Meanwhile, Asian shares rallied yesterday as speculation
0.070
55.56
TOPGLOV-C3
0.210 -57.58
the US Federal Reserve might opt to not raise interest rates SKPETROC22
PMETAL-CL
0.015
50.00
HSI-CZ
0.010 -50.00
at all this year hammered the US dollar and sparked a huge ARMADA-C12
0.070
40.00
MHC-WA
0.050 -50.00
rally in oil prices, Reuters reported.
SKPETROC15
0.035
40.00
SUNZEN-OR
0.065 -45.83
Yesterday, the gainers in the FBM KLCI were AMMB Hold- SKPETROC23
0.070
40.00
FBMKLCI-H5
0.020 -33.33
0.035
40.00
UEMS-C25
0.020 -33.33
ings Bhd, Astro Malaysia Holdings Bhd, Axiata Group Bhd, CIMB GAMUDA-C22
0.035
40.00
SKH-WA
0.015 -25.00
Group Holdings Bhd, and DiGi.Com Bhd. Despite the gains, an- ECOWLD-CB
0.055
37.50
XINGHE-WA
0.015 -25.00
alysts were mindful of the sustainability of the index’s advance. SKPETROC18
SKPETROC16
0.135
35.00
SUNZEN-WA
0.180 -25.00
“The mid-term outlook (for FBM KLCI) is still bearish. PBBANK-C4
0.020
33.33
KBUNAI-WC
0.015 -25.00
Yesterday’s rise was more of a technical rebound,” Jupiter DRBHCOMC16
0.020
33.33
INNO-OR
0.195 -25.00
Securities Sdn Bhd chief market strategist Benny Lee told
theedgemarkets.com. “The gains were mostly because of Top gainers and losers - warrants (ranked by percentage)
the rebound in crude oil prices and the ringgit yesterday”.
UP
CHANGE
DOWN
CHANGE
Today, the Malaysia Statistics Department will announce the
CLOSE
(%)
CLOSE
(%)
December 2015 external trade numbers. — by Kamarul Anwar BJAUTO-CL
0.155
72.22
ENCORP-WA
0.005 -80.00
SKPETROC22
0.070
55.56
TOPGLOV-C3
0.210 -57.58
World equity indices
DOW JONES
S&P 500
NASDAQ 100
FTSE 100
AUSTRALIA
CHINA
HONG KONG
INDIA
I want an edge!
FBM KLCI 1634.53
191.50
UNUSUAL MARKET ACTIVITIES
FBM KLCI & KLCI futures intraday
1658.0
1655.7
1653.4
1651.1
1648.8
1646.5
1644.2
1641.9
1639.6
1637.3
1635.0
19,183.09
CLOSE
CHANGE
16,336.66
1,912.53
4,171.97
5,837.14
4,980.36
2,781.02
19,183.09
24,338.43
183.12
9.50
-21.13
-84.87
103.60
41.78
191.50
115.11
INDONESIA
JAPAN
KOREA
PHILIPPINES
SINGAPORE
TAIWAN
THAILAND
VIETNAM
CLOSE
CHANGE
4,665.82
17,044.99
1,916.26
6,652.83
2,558.49
8,063.00
1,297.11
542.15
69.71
-146.26
25.59
131.35
7.75
-68.24
5.34
3.08
Fax: (03) 7721 8282
PMETAL-CL
ARMADA-C12
SKPETROC15
SKPETROC23
GAMUDA-C22
ECOWLD-CB
SKPETROC18
SKPETROC16
PBBANK-C4
DRBHCOMC16
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ep7 F E
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Mixed views
2016 revisions
RE
Canada
North fuels
in
Silicon Valley as Google moves
condo boom
WHAT HAS CHANGED IN BUDGET 2016
IDEAS
Simply red
nd
Penang gmainla
up
catchin
& a touch
FISCAL DEFICIT
of gold!
OIL PRICE
ASSUMPTION
REVENUE
OPEX
Original
Original
RM225.7b
RM215.2b
Revised
Revised
(AVERAGE PER BARREL)
way to go
spot
has some
Perai still r
investment 5.
eberang
property
Seberang
S
ass a p
ep4 &
otential a
on pages
potential
t
ut its p
but
b
ee sstory
See
g. S
promisin
ooks promising.
llooks
Second
A view of Penang in 2014
Bridge taken
Photo by Bernam
Original
4%
to
5%
Original
4 HOME BUSINESS
Maintained at
Revised Budget
2016 seeks rakyat’s
support for growth
3.1%
6 HOME BUSINESS
TNB’s 1Q net profit
falls 16% due to
ICPT recognition,
forex loss
9 HOME BUSINESS
Chin Teck sees
smaller profits
ahead if CPO prices
stay weak
1617 FOCUS
Modern inventions?
Think again
Revised
4%
to
4.5%
OIL REVENUE LOSS
RM7b
to
US$48
Revised
US$30
to
RM216.3b
to
RM217.9b
RM210.7b
to
RM211.2b
Delivery address
US$35
EPF
Employees’
contribution
reduced by
3%
RM9b
freeing up RM8b
for consumption expenditure
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RM2,000
tax relief for individuals
with monthly income of
RM8,000 and below
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ep4 N E W S
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Huat’s up: Local artists
5 things you need to know 6 quick DIY CNY
share their property goals about a private caveat
decor ideas
M A K E B E T T E R D EC I S I O N S
e p 1 4  1 6 F E AT U R E
World Monuments
Watch 2016 Part 2
THE WAITING GAME
The high-end, high-rise housing market in Johor Bahru
may take two more years to recover from a slowdown.
See the full story on ep8 & 9.
THE EDGE FILE PHOTO
EP
2
PROPERTY
| NEWS
ON
MOST READ ON
Go to TheEdgeProperty.com for more property news
NEWS ROUNDUP
TheEdgeProperty.com
VPC Alliance (KL) Sdn Bhd.
The four land parcels adjoin an
existing parcel owned by Selangor
Properties measuring 4.91 acres on
Jalan Batai in Damansara Heights,
Selangor, which was acquired in 1980
and has been earmarked for residential development.
The contiguous parcels are intended to comprise 124 units of highend stratified houses, and a basement
car park of 446 bays. Construction
on the development is expected to
start only between 2018 and 2020.
Challenges amid
a slowing market
in Kota Kinabalu
UMLand-UEM
Sunrise JV to
launch project
by end-2016
Selangor Prop
buys four
parcels of land
to develop
high-end villas
Ikhmas Jaya
bags RM65.3
mil subcontract
works in Melaka
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
New restrictions may see
developers reprice homes
Penang Spice Aquatic Centre
officially opens
The Subterranean Penang International Convention and Exhibition
(Spice) Aquatic Centre (pic) was officially unveiled on Jan 28 by Penang
Chief Minister Lim Guan Eng. It is
the fourth and latest component of
the Setia Spice integrated business
and leisure hub in Penang.
Spice Aquatic Centre had its soft
opening in December last year. It is
part of a public-private partnership
project between S P Setia and the
Penang Island Municipal Council to
revamp the Penang Indoor Sports
Arena, better known as Pisa, which
began five years ago.
“In return, S P Setia was granted
a 30-year concession by the council
to manage and operate the place,
which is now known as Spice, upon
its completion,” said S P Setia acting president and CEO Datuk Khor
Chap Jen in a statement.
Spice Aquatic Centre offers a series of water sport facilities including an Olympic-size swimming pool
and diving pool, a children’s water
theme park, badminton courts,
squash courts, function rooms,
Senior Managing Editor Azam Aris
Contributing Editor Sharon Kam
Editor Rosalynn Poh
Deputy Editors E Jacqui Chan,
Wong King Wai
Assistant Editor Lam Jian Wyn
Senior Writer Racheal Lee
Writers Chai Yee Hoong,
Rachel Chew, Hannah Rafee,
Tan Ai Leng, Natalie Khoo, Ewe Shufei
Bukit Banyan CNY
Open House
Art Director Sharon Khoh
Design Team Cheryl Loh,
Valerie Chin, Aaron Boudville,
Aminullah Abdul Karim,
Yong Yik Sheng, Tun Mohd Zafian
Mohd Za’abah, Noorain Duasa
Date: Feb 12 (Fri)
Time: 10am
Venue: Eugenia 3 Show House, 2,
Jalan Anggerik Vanilla R 31/R, Kota
Kemuning, Shah Alam, Selangor
The Edge Property is published and
distributed with The Edge Financial
Daily every Friday. For more
property data, listings and news,
go to TheEdgeProperty.com.
Selangor Properties buys
KL lands to develop
high-end villas
Selangor Properties Bhd has acquired
four parcels of land in Kuala Lumpur with a total area of 5,253 sq m
for RM32.2 million to develop highend property.
The company informed Bursa
Malaysia on Feb 3 that it had entered
into a sale and purchase agreement
with Chong Khoon Lin Sdn Bhd to
acquire the four adjoining freehold
land parcels.
The purchase price was arrived
at after taking into consideration the
indicative market value of the land
of RM33.9 million, as appraised by
LAUNCHES & EVENTS
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
Geetha Perumal (016) 250 8640
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
cafés, a sports clinic, as well as a
swimming school. There are plans
to add a gymnasium.
Another component of Setia
Spice, Spice Canopy, comprising
59 retail and F&B outlets with a total lettable floor area of 98,000 sq
ft, opened its doors to the public
last December. There will be three
other components of Spice — namely Spice Arena, Spice Convention
Centre and a business-class hotel.
All Wheel Fest 2016 by
Sime Darby Property
Date: Feb 20 (Sat)
Time: 7am to 12pm
Venue: Nilai Impian
Date: Feb 13 to March 6
Time: 9am to 9pm
Venue: No. 1, Lingkaran Eco Majestic,
Eco Majestic, Semenyih, Selangor
Contact: (03) 8723 2255
Eco World Development Group
Bhd’s Eco Majestic invites the
public to celebrate Valentine’s Day,
Chap Goh Meh and International
Women’s Day at the Season’s
Flower Show. There will be plenty
of fun activities for the entire family
amidst beautiful flower beds.
SP Setia CNY Open House
Date: Feb 21 (Sun)
Time: 2pm to 6pm
Venue: Jalan Setia Rimba 3, Setia
Eco Glades, Cyber 1, Cyberjaya
UMLand-UEM Sunrise JV
to launch The Waves
by end-2016
Nusajaya Consolidated Sdn Bhd
(NCSB), a 50:50 joint-venture (JV)
company between United Malayan
Land Bhd (UMLand) and UEM Sunrise Bhd, will be launching its mixeduse development, The Waves, in
Puteri Harbour, Johor, by year-end.
The development has a gross development value exceeding RM1
billion, construction is scheduled to
begin in the fourth quarter this year,
pending approval of its amended
master plan, said UMLand senior
general manager Izhan Goh Abdullah on Feb 3.
“Depending on how the property
market performs in the second half
of this year, we expect to launch
it at end-2016 at the earliest or in
early 2017,” he said. The project’s
first phase will comprise low-rise
apartment units.
The Waves will also comprise
serviced apartments, a mall and
a hotel. Izhan said the company
is currently in talks with the Hyatt
group to manage the hotel.
If you have any real estate-related events, email us at [email protected].
Events listed here will also appear on TheEdgeProperty.com.
Contact: (06) 794 8383
Win exciting prizes by participating
in a 5km ‘All Wheels’ route
through Sime Darby Property’s
scenic township of Nilai Impian.
Participants may opt to skate or
cycle or use any mode of wheels.
The event is open to all ages.
Season’s Flower Show
by Eco Majestic
Contact: (03) 5123 6022
Paramount Property invites you to
witness an exciting performance
by an award-winning 24 seasonal
drum troupe as well as an
ang pow giveaway by the God
of Prosperity at its Eugenia 3
Show House, Shah Alam.
The Budget 2016 revisions, which
include reserving new homes
priced up to RM300,000 for firsttime buyers, may lead to developers
repricing properties launched last
year to accommodate other homebuyers, said Malaysian Institute of
Estate Agents (MIEA) president,
Erick Kho.
“Second and third-time investors will not be able to buy units
priced below RM300,000. Developers will then have to increase
the prices of these homes to above
RM300,000 so that these investors
can purchase them.
“However, the increment in prices may not be welcomed by these
investors as most of the properties
in this price segment are smaller
units and investors may not want to
pay a higher amount for the same
built-up area originally priced lower,” he told TheEdgeProperty.com.
One the other hand, developers may also consider lowering
the price of residential property
to the RM300,000 threshold, given
that demand for these homes will
increase, said KGV International Property Consultants Sdn Bhd
director Anthony Chua. He noted
the demand for properties under
RM300,000 is strong, but due to
high construction costs and land
prices, most homes sell for more
than that.
“In this price range (RM300,000
and below), developers can only
build certain types of houses, such
as low-cost apartments or smaller units. Developers may reduce
the sizes of the houses to meet the
RM300,000 price, while maintaining the price psf,” said Chua.
Contact: (03) 3348 2255
Join in Chinese New Year activities
such as lion dance, fortune telling,
Chinese calligraphy, paper cutting
and games at S P Setia Bhd’s
Setia Eco Glades in Cyberjaya.
Five Legal Trends in
Property Investment
Date: Feb 21 (Sun)
Time: 3pm to 5pm
Venue: Sales Gallery at Setia Eco
Park, Seksyen U13, Shah Alam
Contact: (03) 3343 2228
Lawyer Chris Tan will be giving a talk
on current trends for sustainable
property investment in Malaysia.
Organised by S P Setia Bhd.
De Centrum CNY Open House
Date: Feb 21 (Sun)
Time: 11am to 2pm
Venue: De Centrum Sales
Gallery, Unipark Suria, Jalan
Ikram-Uniten, Kajang, Selangor
Contact: (03) 8738 3388
De Centrum City’s festive
celebrations feature an acrobatic
lion dance. KK Chua will speak
on investing in challenging
times, and feng shui expert
Alan Pool will present a brief
overview of what’s in store
in the Year of the Monkey.
Property Management:
What does It entail and
what does the future hold?
Date: Feb 22 (Mon)
Venue: Bukit Jalil Golf & Country
Resort, Jalan Jalil Perkasa 3,
Bukit Jalil, Kuala Lumpur
Contact: (03) 5622 2003
This one-day programme
organized by Excel Academy
of Real Estate will provide
an overview of successful
property management, its
related laws and methods of
effective management. Tickets
can be purchased online.
EP
3
EP
4
PROPERTY
| NEWS
Huat’s up: Local artists share
their property goals
They do their homework and use opportunities to seek the right asset
BY TA N A I L EN G & NATALIE KHOO
PETALING JAYA (Feb 2): Despite her hectic
work schedules, she is making time to look at
potential property investments, local singer
and Astro artist Nicole Lai told TheEdgeProperty.com in an exclusive interview.
“Being an independent woman at my
age, now is the time to start looking for a
property – be it for investment or own stay.
In my opinion, this year will be a good year
for investment as long as you are financially
prepared as there are a lot of choices in the
market,” said the 27-year-old singer who won
the Astro Star Quest competition in 2012.
Lai, together with Geraldine Gan and
Uriah See — the winners of the Astro Star
Quest Competition in 2011 and 2014 — were
part of Astro’s Chinese New Year entourage
who brought festive cheer to The Edge’s office here on Tuesday.
The three artists shared their views on
property investment with TheEdgeProperty.com after an afternoon of fun and auspicious activities that culminated in a lion
dance performance.
Lai still manages to do her “homework” in
her quest for a piece of real estate by attending property launches or other marketing
events organised by property developers.
“Besides that, my elder sister who is a
real estate agent is helping me to find a
From left: Gan, See and Lai. Photo by Patrick Goh
property which suits my needs and budget.”
What is she aiming for? “Currently, I am
looking at studio units which are catered
for a professional woman’s trendy lifestyle.”
Although she has plans to eventually own
a house, Lai is not in a hurry to make any
purchases. “Property is a big ticket item, for
the young working class who want to own a
house, it is better for them to plan their finances properly before making any decision,”
she advised.
Gan concurred, adding that buying a
property requires careful planning and
due diligence.
“Property is a good asset that can preserve one’s wealth. Women should plan
to own a property without relying on their
other half,” said the 24-year-old singer who
is also well-known for her soundtrack for
the hit movie The Journey.
What’s her dream home? For Gan, it is a
condominium with various lifestyle facilities that enables her to relax and exercise.
“A condominium unit with high security features and in a strategic location will
be one of my choices of a dream home,”
she added.
Meanwhile, the 20-year-old See is no
stranger to real estate as his father is a property developer in Johor Baru.
Currently, he has no plans yet to own a
property as he is still researching and looking for the right one.
“I think investing in a property and buying a property for my own stay are two different things. If I were to buy a property for
my own stay, I would buy a landed home
which is in a gated-and-guarded scheme
because it has more privacy,” he said.
He added that if for investment purpose,
he would opt for condominiums instead as
they offer plenty of amenities such as gyms
and swimming pools and may see higher
demand in the future due to land scarcity.
This story first appeared on TheEdgeProperty.com.
The Ascent Paradigm offices 50% taken up
PHOTO BY WCT
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is Malaysia’s fastest growing and most relevant property portal.
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Only shortlisted candidates will be notified
BY TAN AI LE NG
tures a column-free layout
to maximise efficiency and
PETALING JAYA: The Ascent
flexibility for its tenants. It
Paradigm by WCT Holdings
is ideal for the companies in
Bhd (WCT), which opened in
financial, insurance and real
the third quarter of last year,
estate business,” Taing said.
has seen half of its 504,084 sq
The Ascent is divided
ft total net lettable area takinto high and low zones,
en up.
and units are available for
According to WCT Holdrental only.
ings managing director Taing
Each lettable unit is beKin Hwa, The Ascent Paratween 5,000 sq ft and 18,000
digm is a Grade-A 32-floor
sq ft and is priced at approxcorporate tower located on
imately RM5.50 psf, excludLebuhraya Damansara-Puing Goods and Services Tax.
chong (LDP), and within the
The Ascent Paradigm is
mature Selangor suburb of
also WCT’s new headquarKelana Jaya. The tower is part
ters. It has taken up three levof the RM1.8 billion Paraels, or approximately 46,000
digm Integrated Commercial
sq ft of net lettable area in the
Development.
tower, since the last quarter.
“The Ascent Paradigm has
“WCT Group will be celebeen designed and develbrating its 35th Anniversary
oped to meet the needs of
in 2016. As such, it is both
today’s fast-growing and dytimely and appropriate for
namic businesses. Its prime The Ascent Paradigm is a
our group to move its headlocation with easy access to Grade-A 32-floor corporate
quarters into a world-class
expressway, amenities and tower, which is also part
and advanced corporate towpublic transport is also a of Paradigm Integrated
er. The Ascent Paradigm will
significant appeal factor for Commercial Development.
be able to facilitate WCT’s
corporations and businessfurther growth and success
es that are operating in the
while providing our team
Klang Valley and beyond,” said Taing in a with a cutting-edge corporate lifestyle
press statement.
environment,” said Taing.
Tenants include DKSH Malaysia Sdn
In addition to The Ascent, WCT’s ParBhd, Chr Hansen Malaysia Sdn Bhd and adigm Integrated Commercial DevelopKeyence (Malaysia) Sdn Bhd and Amer- ment is made up of Paradigm Mall, New
ican based pharmaceutical company Eli World Petaling Jaya Hotel and The Azure
Lilly (Malaysia) Sdn Bhd.
Serviced Residences, providing an ‘inte“This MSC-status office building fea- grated work-and-lifestyle environment’.
EP
5
EP
6
BROUGH T T O YOU BY
OFFI C I A L M EDI A PA R T N ER
TheEdgeProperty.com
Marec shows the way
NEXUS Bangsar is going to be a hive of activity on March 11 and 12 when the Malaysian Annual Real Estate Convention (Marec)
takes place there. Marec is organised by the
Malaysian Institute of Estate Agents (MIEA).
Marec has been held annually for 30
years and has become the largest platform
for real estate practitioners and property investors to
discuss the future of the profession and identify future
trends. Four hundred participants are expected to attend Marec this year.
MIEA is the national body of real estate agents in
Malaysia. Established in 1974, it has close to 800 registered estate agents as members and nearly 2,000 real
estate negotiators as affiliate members. As the main society representing registered estate agents in the country,
MIEA empowers its members by promoting professionalism and protecting the public interest. It has been
the leading voice of the profession since its inception.
The property market last year entered a period of
consolidation and uncertainty. The imposition of the
Goods and Services Tax and turbulent political environment caused market uncertainty and dampemed
sentiment. This scenario is widely expected to continue into 2016. Property buyers and sellers have
reacted sharply to this situation and support for the
local property market has been subdued.
For the first time in many years, the total
value of property transactions in the country
declined, a rare occurrence in the otherwise
buoyant Malaysian property market.
Supply far exceeded demand in some market segments, especially high- rise condominiums, serviced apartments and small units. Investors in
these properties are now uncertain of how to respond
to market conditions.
“It is on this premise that we felt the time was right
to organise a convention that would not only cater to
real estate practitioners but also to property investors
and the public at large”, says Siva Shanker, immediate
past president of MIEA and advisor to the organising
committee.
“We believe the uncertainty in the market will prove
to be the stimulus for the investing public to continually
seek information that can clarify the situation. Many
people depend on the advice provided by real estate
agents to navigate the maze of property transactions.
“Marec attracts between 300 and 400 participants
annually. Our programmes are usually power-packed,
full of information and relevant to the current market scenario. The topics for the two-day convention
are carefully chosen by a select group of real estate
practitioners,” says Amanda Goh, organising chairwoman of Marec ’16.
“We have a diverse range of topics planned for Marec
’16, from the much sought after market outlook to even a
discussion on the psychology of selling. There is something
for everyone and no one is expected to leave dissatisfied.”
As seats are fast filling up, MIEA urges those interested to attend this convention to quickly book your
seats. The usual price is RM999 for members but those
who sign up by next week will be offered a discount by
MIEA, with tickets priced at RM688 for group bookings of eight persons and above.
For more details, contact Ms Nanee at the MIEA
Secretariat at (03) 79602577 or [email protected].
TICKET TYPE
MEMBER’S RATE
NON-MEMBER’S RATE
*Festival promotion
(till Feb 15)
RM688/-
RM688/-
Early bird promotion
(till Mar 7)
RM999/-
RM1,299/-
RM1,099/-
RM1,399/-
Full ticket price
(from Mar 8)
*For group bookings of 8 persons and above
CONVENTION PROGRAMME
DAY 1 - FRIDAY 11TH MARCH 2016
DAY 2 - SATURDAY 12TH MARCH 2016
8.00
Registration and Networking
8.00
Registration and Networking
9.00
Opening Remarks by Emcee
9.00
9.05
Welcome Remarks
by Ms. Amanda Goh,
- Convention Chairlady, MAREC’16
Positioning Malaysia In The International Real
Estate Market : The Roles Of Real Estate Agents
by Ms. Veena Loh,
- Malaysia Property Incorporated
9.15
Address by Mr. Erick Kho, President, MIEA
9.45
9.30
Address by Guest of Honor
Industry Trends and Insights – Retail Sector
By Mr. Tan Joon Kai
- Fair Star Shopping Sdn Bhd / PPK Malaysia
9.50
Opening Ceremony
10.30
Morning Tea
10.00
Morning Tea & Press Conference
11.00
10.30
Economic Outlook for 2016 (TBC)
Selling Properties via Auction
By Mr. Lim Boon Ping
- Kim Realty
11.30
Industry Trends and Insights Topic (TBC)
11.45
12.30
Lunch
Using Social Media to Boost Real Estate Sales
By Dr. Frank J. Peter, Ph.D.,
- FJP Marketing Sdn Bhd
14.15
Psychological and Professional Requirements
to Success In Real Estate
By Mr. Colin Tan
- ColinTan Group of Companies
12.30
Lunch
14.00
How To Close Sales FASTER
Than You Ever Thought Possible
By Mr. Jeevan Sahadevan
- Leveragelab Sdn Bhd
15.00
Head Down Under: How To Generate
Unstoppable Confidence And Beat The Odds
By Mr. Gary Dean-Atkins
- MindMaxPlus
16.00
Afternoon Tea
16.30
Million Dollar Round Table Forum
15.15
Secrets of Super Power Agents
By Ms.Shermine Lim,
- CBD Properties Sdn Bhd
Mr. Gerard Chan,
- Three Acres Real Estate Sdn Bhd
Mr. Wong Yau Long,
- Cornerstone Realty
Mr. Chris Tee,
- Property Hub Sdn Bhd
Mr. Colin Wong,
- H.Simon Real Estate
Mr Nick Lu,
16.00
Afternoon Tea
16.30
Next Generation Leadership Forum
MODERATOR :
Mr. Nixon Paul
- Carey Real Estate Sdn Bhd
PANELISTS:
Mr. Eric Lim
- Hartamas Real Estate Sdn Bhd
Dato’ Adrian Wang
Mr. Alex Ting
- Kozin Real Estate
Mr. Wan Choy Heng
- Property Hub Sdn Bhd
MODERATOR:
Mr. Stephen Tew,
- Hectares & Stratas Sdn Bhd
PANELISTS :
Mr. Raphael Wong,
- Real Estate Finders (MY) Sdn Bhd
Mr. Ben Lee,
- Three Acres Real Estate Sdn Bhd
Mr.Teh Young Khean,
- Knight Frank Malaysia
17.15
Networking Cocktail
Siva believes that the uncertainty in the market
will encourage investors to continue to seek more
information for clarity, includng from real estate agents
and negotiators. Photo by MIEA
17.30
Lucky Draw & Closing Ceremony
The organiser reserves the right to make changes to the event
programme. If necessary, changes may be made to its content,
before or during the event, insofar as these changes do not
substantially diminish the described benefits of the event for the
participants. Kindly refer to MIEA website for updates.
Goh describes Marec as a power-packed, informative and
relevant event with topics carefully picked by a select group
of real estate practitioners. Photo by MIEA
LEGAL |
PROPERTY
EP
7
5 things you need to know
about a private caveat
A private caveat is a formal legal notice to the world that you have an interest in a particular property or
land. For example, a purchaser who has paid a deposit under a sale and purchase agreement could enter
a private caveat on the land to prevent any further dealings related to the land, thus securing his or her
interest in it.
B Y C H R I S TA N
Chris Tan is a lawyer, author, speaker and keen observer of real
estate locally and abroad. He is founder and managing partner
of Chur Associates.
If you have questions that you would like to ask Tan, please go
to the Tips section of TheEdgeProperty.com.
Disclaimer: The information here does not constitute legal advice.
Please seek professional help for your specific needs.
1
2
3
4
5
The purpose
The applicant
The procedure
Effect and duration
Removal
A private caveat is a creature
of statute under the National
Land Code 1965. The purpose
of a private caveat includes:
One can apply to the Registrar
for entry of a private caveat
when:
The application for a private
caveat must be in Form 19B
and be accompanied by the
relevant prescribed fee. The
application must state the nature of the claim on which the
application is based on and
whether the caveat is to bind
the land itself or is only of a
particular interest.
A private caveat has the effect
of prohibiting the registration,
endorsement, or entry of any
instrument of dealing to be executed by or on behalf of the
registered proprietor. The caveat, under the Torrens system,
has often being likened to a
statutory injunction of an interlocutory nature restraining the
caveatee from dealing with the
land pending determination
by the court of the caveator’s
claim. A private caveat will be
in force for a period of six years
unless it is withdrawn by the
caveator, or lapses, or removed
by the Registrar pursuant to an
order of the court.
Firstly, a private caveat may be
withdrawn at anytime by the
caveator by submitting the necessary and required form for
withdrawal. Thereafter, the Registrar shall cancel the entry of the
caveat in the register document
and issue a notice to the caveatee
regarding the withdrawal.
i. To maintain the status quo
pending court proceedings
where then is a dispute over
the land title or interest in
the land;
ii. To protect a claim of registrable title or interest pending registration; and,
iii. To give actual notice of the
caveator’s claim.
Private caveats can offer interim protection of rights to the
title or other registrable interest in the land that is under
dispute. For example, if there
are two persons claiming interest on a piece of land, and
if one has lodged a caveat on
the land and the other has not,
then the one who lodged the
caveat will prevail, all things
being equal.
i. Claiming a land title or the
right to the land title; or,
ii. When claiming registrable
interest or the right to registrable interest on a piece
of land.
Basically, whoever has a ‘caveatable’ interest has a right
to lodge a private caveat. In
order for the interest to be caveatable, it must be capable
of being registered. Circumstances where a caveatable
interest is present include:
i. A purchaser under a sale
and purchase agreement
claims a right to the land
title;
ii. When there is an option to
purchase under an unconditional binding contract;
iii. Once a deposit is paid; a
paid deposit is sufficient
to give rise to a caveatable interest even though
no contract was concluded; and,
iv. Equitable chargees can
enter into private caveat
pending registration of the
charge.
Situations such as a tenancy; the owing of the
balance of the purchase
price, where the option
of purchase has lapsed;
and where the vendor has
validly terminated the sale
and purchase agreement,
will not give rise to any
caveatable interest.
The Registrar who receives the
application will then exercise
a purely administrative function which means the Registrar would not be concerned
to enquire into the validity of
the claim. In other words, the
Registrar has no power to reject
the application of a private caveat. As long as the claim of the
caveator to an interest in the
land is prima facie good, the
caveat shall then be registered.
Secondly, the Registrar can remove a private caveat. Only the
person or body with registered
title or interest can apply to the
Registrar for removal by submitting Form 19H together with
the prescribed fee. The Registrar
will then serve on the caveator
a notice of intended removal
in Form 19C. The caveat shall
lapse and be of no effect at the
expiry of two months specified
in the notice unless the caveator
applies to the court for an extension order before the expiry date.
In deciding whether to allow for
the extension, the court will use a
three-stage test, which includes:
i. Whether the caveator has a
caveatable interest;
ii. Whether the caveator’s claim
raises a serious question to
be tried; and,
iii. Whether on a balance of convenience, it would be better
to allow the caveat to remain
until trial.
Thirdly, a private caveat may
be removed by an order of the
court. Applicants for the removal by court order could be any
person or body aggrieved by the
existence of the private caveat.
The caveatee bears the responsibility and obligation to prove
to the court that there are sufficient grounds for him or her to
apply for the removal. Once the
caveatee is successful in proving
this, it is then for the caveator
to prove that the caveat should
remain by satisfying the threestage test above.
EP
8
PROPERTY
| C OV E R ST O RY
FR I
THE EDGE FILE PHOTOS
The aerial view of
Johor Bahru.
C
Give it time
After the exuberance surrounding the Iskandar region’s early years,
the long-term prospects are looking better
BY RACHEL CHEW
D
espite its proximity to Singapore,
the Johor Bahru property market
had never received the same kind
of attention as the Klang Valley or
Penang markets until the launch of
the Iskandar Malaysia development
corridor in 2006. Iskandar Malaysia encompasses
an area of 2,217 sq km, and is three times the size
of Singapore. Its development is concentrated in
five flagship areas, namely Johor Bahru city centre, Nusajaya (now known as Iskandar Puteri),
the Western Gate development (focusing on the
Port of Tanjung Pelepas), the Eastern Gate development (focusing on Pasir Gudang) and the Senai-Skudai zone.
“Property projects have been mushrooming in
Johor, especially in prime areas like Johor Bahru
city and Nusajaya since a decade ago. Property
investors can finally visualise the potential value
appreciation of the properties here,” says Mabest
Properties principal Liew Toh Sen.
During the height of the hype over Iskandar Malaysia, both local and overseas property investors
and developers were “rushing to grab assets in
other areas in Johor, previously a relatively quiet
state”, adds Liew. They included developers from
overseas such as China developers Greenland
Group and Country Garden Holdings, which are
developing Greenland Danga Bay and the 1,400ha
Forest City, respectively.
Oversupply of high-end, high rises
“There was a spike in mid to high-end, high-rise
residential projects being planned and built in Johor Bahru because they bring higher profits. However, this is also causing an oversupply situation
of high-end, high rises,” Liew says, adding that the
glut became more apparent in 2015.
However, he says oversupply is not the only
reason for the current lacklustre market. The Johor
Bahru property market continued to go south as
market sentiment was dampened further by the
implementation of the Goods and Services Tax,
the petrol price plunge, higher inflation, and external issues such as China’s economic slowdown.
And there is no sign the market will improve any
time soon. “We have to wait at least another two
years for the market to absorb the existing supply
before the market goes up again,” he says.
According to TheEdgeProperty.com’s analysis of transactions, the average transacted price
of non-landed homes in Johor Bahru (the areas
of Pasir Gudang, Skudai, Plentong, Taman Johor
Jaya, Taman Setia Indah, Johor Bahru city centre
and Nusajaya) had been rising in 2012 and have
plateaued since mid-2013.
The average transacted price retreated
slightly to RM234 psf in 1Q2015, a 2% drop
from the peak of RM239 psf in 3Q2014.
Nonetheless, this still represented a 15%
y-o-y growth from RM204 psf in 1Q2014,
following a 6.3% y-o-y appreciation in the
preceding year (Chart 1).
However, transaction activity declined
notably from 2014. Total transaction volume
for the 12 months to 1Q2015 fell 43.9% y-o-y
to 1,802 units from 3,214 units (Chart 2).
C H Williams Talhar & Wong Sdn
Bhd (WTW) director Tan Ka Leong says the current Johor Bahru
property market situation hasn’t
changed much recently.
“Generally, it remains soft compared with a few years ago, with
fewer transactions,” Tan shares.
“The primary market is seeing fewer launches
while take-ups are slower. In the secondary market,
transaction volumes for non-landed residential property is much lower (by 70% to 85%) compared with
two years ago,” Tan says. “However, the difference
in prices is relatively minimal, in the range of 5% to
15% since 2013.”
Tan notes that the average transacted price for
non-landed homes on the secondary market in the
second half of 2015 was in the range of RM220 psf
to RM430 psf, depending on location.
The highest average transacted price was recorded in Nusajaya where several high-end developments were transacted at more than RM500
psf, followed by Permas Jaya and Tebrau corridor,
with average transacted prices of RM335 psf and
RM325 psf, respectively.
Mabest Properties’ Liew says Johor’s secondary market remains stronger than the primary market despite the poor overall
sentiment.
“The secondary market is stronger
than the primary market because its
prices are more realistic, at between
RM200 psf and RM400 psf, while
new, similar projects go for as high
as RM800 to RM1,000 psf,” he notes.
Based on transactions analysed
Tan: Generally, the Johor
Bahru property market
remains soft compared
with a few years ago,
with fewer transactions
taking place.
C OV E R ST O RY |
Source: TheEdgeProperty.com
Chart 1: Johor Bahru non-landed residential average price
by TheEdgeProperty.com, non-landed residential property transacted prices were as low
as RM74 psf for low-cost flats in the 12 months
to 1Q2015, and were as high as RM564 psf for
a resort condominium.
The data shows that the majority (47.4%) of transactions in the 12 months to 1Q2015 were for units
priced under RM200 psf, while 42% were for units in
the RM201 psf to RM400 psf range. Only 9.2% were
for units priced between RM401 psf and RM600 psf.
In the 12 months to 1Q2015, the least expensive projects were led by the low-cost flats such as
those at Taman Cendana, Bandar Selesa Jaya and
Taman Melawati.
The top five least expensive non-landed homes by
average price psf were Taman Cendana Flats (RM74
psf), Bandar Selesa Jaya Flats (RM74 psf), Taman
Melawati Flats (RM78 psf), Setia Baiduri Apartments
(RM81 psf) and Flat Sri Lanang (RM88 psf).
Liew says the older and lower-end projects are
enjoying stable value appreciation and better potential due to their low capital base.
TheEdgeProperty.com’s analysis confirms
that the highest price growth and highest
asking rental yields during the period under review were led by the older properties.
The highest percentage growth in price
psf can be found at the low-cost flats in
Taman Desa Cemerlang (+44.7% y-o-y to
RM101 psf) and and Taman Bukit Mewah
(+44.1% y-o-y to RM144 psf ).
Taman Desa Cemerlang flats are among
the closest residential quarters to the
Liew: The secondary property
market here is stronger than
the primary market but overall
sentiment is still poor.
PROPERTY
EP
9
Source: TheEdgeProperty.com
Chart 2: Johor Bahru non-landed residential transaction volume
136-acre award-winning Frontier Industrial Park development by WB Land Sdn Bhd. Elsewhere, the flats
at Taman Bukit Mewah are located just behind WCT
Holdings Berhad’s upcoming Paradigm Mall Johor
Bahru in Tampoi.
The highest indicative annual rental yields can
be found in the older, non-landed homes in Larkin,
where the main bus services to Singapore depart
from Larkin Bus Terminal.
Projects in Larkin with the highest indicative rental yields were led by Sri Impian Apartment (9.1%),
Larkin Utama (8.2%) and Larkin Idaman (8.1%).
The current indicative monthly rental range for
Sri Impian Apartment is between RM1.04 psf and
RM1.24 psf; while for Larkin Utama it is between
RM0.79 psf and RM1.50 psf and for Larkin Idaman,
it is between RM1.18 psf and RM1.65 psf.
In general, rental yields as calculated from asking rentals observed in June 2015, range between
3.9% and 9.1%, with the district-wide average rental
yield at around 6.6% per annum.
“Based on our survey, the current
average yield for high-rise residential property is approximately 4.5%
to 5.5%. Developments in Nusajaya
and Permas Jaya enjoy higher yields
of 6% to 6.5%, given their prime location, while lower yields are recorded at developments located in Johor
Bahru city centre,” says WTW’s Tan.
“Most of the ongoing or future developments are
focused in Johor Bahru city centre and Iskandar Puteri
(Nusajaya). The market definitely needs a reasonable
period of time to absorb this new supply,” Tan notes.
However, he remains positive on the longer-term
outlook for Johor Bahru because several catalysts
are likely to boost the market, such as the Rapid
Transit System (RTS) and High Speed Rail (HSR)
project from Kuala Lumpur to Singapore.
“I am of the opinion that the catalyst projects
such as the RTS and HSR will not affect the property market immediately as the impact will only
be seen when the projects kick off or are at the advanced stages of completion,” Tan shares.
These apart, he believes the rehabilitation
of Sungai Segget, expected to be completed in
3Q2016, will help to stimulate the property market in the near future.
Sungai Segget flows along Jalan Wong Ah Fook
in Johor Bahru. In late 2013, the Iskandar Regional
Development Authority and the Johor Bahru City
Council were tasked with monitoring the implementation of the RM240 million Sungai Segget
Rejuvenation Project that aims to turn the river
into a new tourist attraction.
Tan believes such projects could help encourage local and foreign property buyers to choose
to live in Johor Bahru.
“However, potential purchasers may need to
be cautious in choosing the right project for their
own use or for investment. Some guides such as
Cautious optimism
choosing a reputable developer with a good track
Tan says there will be an add- record, of quality projects and good capital aped 13,700 and 26,000 preciation, should be followed regardless of when
units of high-rise resi- they choose to buy,” Tan notes.
dential units in Iskandar Malaysia by end
of 2016 and 2017 reSee property listings for this area on Market Watch ep10
spectively.
The long-term outlook for the
Johor Bahru property market
remains positive.
EP
10
PROPERTY
| M A R K E T WAT C H
Go to TheEdgeProperty.com for more listings
FOR SALE [in Johor Bahru]
Indah Samudra
Type: Condominium/
serviced residence
Tenure: Leasehold
Asking price: RM650,000
Built-up area: 1,844 sq ft
Bedroom(s): 3
Bathroom(s): 2
Description: Low-density condo
next to Thistle Hotel, close to
the Customs, Immigration and
Quarantine Complex (CIQ).
High-floor unit with a sea view.
Agent/negotiator: Khor Soo
Ling of SLK Realty (E 1735)
Tel: (012) 709 7208
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Description: Luxury condo with full
facilities including a clubhouse, infinity
pool, gym, tennis court, playground,
multipurpose hall, BBQ area, 24hour CCTV surveillance and security,
smart card access and intercom
system for individual units linked to
guard house. Easy access to coastal
highway, North-South Highway and
Perling Highway. Close to Columbia
Asia Hospital, Horizon Hill Golf Club,
Taman Nusa Idaman, East Ledang,
Aeon, Tesco and Giant Bukit Indah.
Agent/negotiator: Ann Lai of
The Roof Realty (REN 16650)
Tel: (016) 520 7909
Danga View
Molek Pine
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Description: Fully furnished
unit, including four air-con units,
fridge and washing machine.
Sold with tenancy. Molek Pine
is an exclusive property located
at the heart of Taman Molek.
The area is a commercial hub
with restaurants, cafes and
banks. Features: landscaping,
swimming pool, tennis courts,
barbecue area, basketball court,
playground, sauna, gym, multipurpose hall and 24-hour security.
Accessible via Jalan Persiaran
Molek Utama, Jalan Masai Baru,
Persiaran Bumi Hijau and Jalan
Pandan, with easy connectivity
to Pasir Gudang Highway and
North-South Expressway.
Agent/negotiator: Stella
Chia of Starcity Property
Sdn Bhd (REN 09839)
Tel: (016) 725 8016
Horizon Residence
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Description: Horizon Residence is
located in Bukit Indah. Facilities
include clubhouse, swimming
pool, wading pool, gymnasium,
tennis court, playground and
24-hour security. Close to Medini
Iskandar, Legoland, Hello
Kitty and Puteri Harbour.
Agent/negotiator: Patrick Daniel of
Aczeon Properties Sdn Bhd (09281)
Tel: (012) 798 9661
Horizon Residence
Type: Condominium/
serviced residence
Tenure: Leasehold
Asking price: RM1,190,000
Bedroom(s): 3 + 1
Bathroom(s): 3 + 1
Description: Fully furnished unit
with balcony and view of Danga
Bay. Comes with maid’s room and
powder room. Condo offers resort
living with full facilities; several large
swimming pools, tennis courts, gym,
etc. Location, between Legoland
Nusajaya and JB town, close to
Senai Airport, Sultanah Aminah
Hospital, Aeon, Tesco and Giant;
short drive to Bukit Indah and Larkin.
Agent/negotiator: Mavis
Loh of Aczeon Properties
Sdn Bhd (J) (REN 10857)
Tel: (017) 348 9961
Fairway Suites
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Description: Fairway Suites is
located in Horizon Hills. This is
a fully furnished high-floor unit
with a view of the golf green.
Close to Giant, Tesco, Aeon,
Marlborough College, Newcastle
University, Lego Land Theme Park
and Puteri Harbour. Short drive
to Second Link Tuas Checkpoint
and Johor Bahru Causeway.
Agent/negotiator: Jacky
Chua of Centrepoint Estate
Agency (REN 00736)
Tel: (018) 7611 662
FOR RENT [in Johor Bahru]
Palazio Serviced Apartment
Indah Samudra
Palazio Serviced Apartment
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Description: New, high-floor unit
in Block C2. Located in Mount
Austin, a short drive to AEON
Tebrau City, Tebrau City Shopping
Centre, Carrefour Johor Bahru
and proposed IKEA store. Close
to Pasir Gudang highway.
Agent/ negotiator: David Lau of
Sinouis Realty Sdn Bhd (REN 15958)
Tel: (016) 754 0835
Type: Condominium/
serviced residence
Tenure: Leasehold
Asking rent: RM5,000
Bedroom(s): 3
Bathroom(s): 3
Description: Newly renovated
unit. Condo is about five minutes
drive to Danga City Mall, KSL
Shopping Mall, Holiday Plaza, Plaza
Pelangi, City Square and CIQ.
Agent/ negotiator: David Chan of
EU AS Properties (REN 14106)
Tel: (013) 287 1668
Type: Condominium/
serviced residence
Tenure: Freehold
Built-up area: 484 sq ft
Bedroom(s): 1
Bathroom(s): 1
Description: Low-floor,
intermediate unit on facing
swimming pool; balcony faces
northwest. Fully furnished.
Available immediately. Located in
Taman Mount Austin; near Aeon,
Tesco and Mount Austin CBD.
Agent/ negotiator: Tim
Lee of Propmax Realty
Sdn Bhd (REN 10137)
Tel: (011) 219 5182
Perling Apartment
Type: Condominium/
serviced residence
Tenure: Leasehold
Bedroom(s): 3
Bathroom(s): 2
Description: Close to Tesco,
Aeon, Giant, Second Link
Causeway, Legoland, Puteri
Harbour, Medini, Kota Iskandar,
Johor Premium Outlet and
Senai International Airport.
Agent/negotiator: KL Wong of
GS Realty Sdn Bhd (REN 12582)
Tel: (019) 710 6570
Sri Impian Apartment
Type: Condominium/
serviced residence
Tenure: Leasehold
Bedroom(s): 3
Bathroom(s): 2
Description: Renovated unit; all
rooms air-conditioned. Short
drive to CIQ and JB City Centre.
Walking distance to shops,
restaurants and other amenities.
Agent/negotiator: David Chan
EU AS Properties (REN 14106)
Tel: (013) 287 1668
Larkin Idaman
Type: Condominium/
serviced residence
Tenure: Leasehold
Bedroom(s): 3
Bathroom(s): 2
Description: Partly furnished
with sofa, coffee table, freezer
and washing machine. Windows
installed with grilles.
Agent/negotiator: Avid Choy of The
Roof Realty Sdn Bhd (REN 15187)
Tel: (016) 773 5093
Mewah View
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 5
Bathroom(s): 5
Description: Duplex unit on
the 16th and 17th floors. Very
convenient for those working in
Singapore; short drive to Johor
Customs, Sutera Shopping Mall and
Woodlands Checkpoint. Currerntly
tenanted at RM7,500 a month.
Agent/negotiator: Mr Teh
ZC Transact Properties
(J) (REN 03904)
Tel: (017) 271 6656
Molek Pine 4
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 2
Bathroom(s): 2
unit with 24-hour security.
Agent/negotiator: Luis
Lim of Starcity Property
Sdn Bhd (REN 15586)
Tel: (016) 666 7751
Horizon Residence
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Description: New unit facing
swimming pool. Near Tesco,
Giant and Aeon Bukit Indah and
Legoland. Easy access to highways
and Second Link and Horizon Hills
Golf Club, Marlborough College,
Tanjung Pelepas and Tuas.
Agent/ negotiator: Allen
Wong of One Global Properties
Sdn Bhd (REN 08423)
Tel: (014) 981 3293
Danga View
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Description: Fully furnished and
renovated mid-floor unit with
city views. Danga View is located
a short drive from the Causeway
and University Teknologi Malaysia.
Breathtaking view of Johor Bahru,
Singapore skyline and Straits of
Tebrau. Close to Grand Straits
Garden Restaurant. Accessibility:
North-South highway, Jalan
Tun Abdul Razak, Jalan Skudai
and Tebrau highway. Walking
distance to Danga Bay.
Agent/ negotiator: Jacky
Chua of Centrepoint Estate
Agency (REN 00736)
Tel: (018) 761 1662
Fairway Suites, Horizon Hill
Type: Condominium/
serviced residence
Tenure: Freehold
Built-up: 1,110 sq ft
Bedroom(s): 3
Bathroom(s): 2
Agent/negotiator: Celine Yong of
GS Realty (JB) Sdn Bhd (REN 16246)
Tel: (012) 7111899
Perling Apartment
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
well-maintained unit with
a cosy and comfortable
environment. Near Second Link.
Agent/ negotiator: Benson
Neoh of Aczeon Properties
Sdn Bhd (E 2477)
Tel: (017) 786 7069
Sri Impian Apartment
Type: Condominium/
serviced residence
Tenure: Leasehold
Bedroom(s): 3
Bathroom(s): 2
Description: Unit in Block D,
22nd floor. Comes with fan,
grilles, lights, water heater,
Agent/negotiator: Kelly
Lim of Chester Properties
Sdn Bhd (REN 03713)
Tel: (010) 933 3819
Mewah View Luxurious
Apartments
Type: Condominium/
serviced residence
Tenure: Freehold
Bedroom(s): 3
Bathroom(s): 2
Agent/negotiator: Chong Siew
Nyin of SLK Realty (REN 07597)
Tel: (012) 717 8875
EP
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PROPERTY
| HOME IDEAS
6 quick DIY CNY decor ideas
BY NATALIE KHOO
The Lunar New Year will be here in a few days and you
have yet to get your home decked up for the festivities? Do
not fret for we have picked a few easy jiffy DIY decor ideas
to put you in the right mood for the celebrations.
MIRIAM HOFFMANN
2. PAPER FIRECRACKERS
Firecrackers carry a symbolic meaning of driving away evil spirits
with the noise they make. But if all you’re after is the symbolic
meaning and not the real thing, you can try making your own
paper firecracker decor.
You will need a piece of red paper, a piece of gold paper, scissors, glue, a cord or string, and a hole puncher.
First, cut the red paper into squares. You can choose the size
you want. Cut strips of gold paper to stick on the squares.
Then roll and glue the squares to form tubes. Punch two holes
at the top and bottom of the tube.
Push the string into the holes and tie a knot in the middle
of the “firecracker”. Keep doing this on alternating sides until a
twin row of “firecracker’ is formed.
1. LANTERNS
The Chinese lantern is believed to have been created to replace the open flame
as the shade protects the flame from being extinguished by the wind. You can
make your very own DIY (do-it-yourself ) lantern by following these steps:
You will need a sheet of A4 sized red paper, a sheet of A4 sized gold paper,
a pencil, a ruler, scissors and glue.
First, fold the red paper into half and use a pencil and ruler to trace lines
perpendicular to the folded side leaving a small space on top and at the bottom. Then cut through the lines.
Roll the gold paper lengthwise to form a tube. This will be the centre of the
lantern. Secure it with some glue. Then, glue the portion of the red paper with
the space on top and bottom to the gold sized paper. Cut off the access gold paper at the bottom of the lantern. You can make a handle from the excess gold
strip.
MIRIAM HOFFMANN
MIRIAM HOFFMANN
3. CHINESE PAPER FAN
You will need a piece of A4 red and a piece of gold paper, scissors
and glue. Trim the red paper into a square. Cut one strip of gold
paper and stick it on to one end of the red square leaving some
space from the edge. Then, starting from one end, fold pleats in
an accordion style, about two to three centimetres apart. With
the pleats together, fold the fan into half and glue the middle
together. At the bottom pleat, you can use the scissors to cut a
small knick to make a hole which you can thread a small piece
of gold ribbon through to hang up the fan.
FR I
4. ORNAMENTS ON PLANTS
It is important to the Chinese community to have plants as decorations as plants signify growth and flowers symbolize wealth. Two of
the most popular plants in a Chinese household during Chinese New
Year are the cherry blossom and the pussy willow. Cherry blossoms
represent reliability and perseverance while the pussy willows signifies wealth and new beginnings.
Get small lanterns and hang them on the branches of the pussy
willow or cherry blossoms for an instant festive feel.
HOME IDEAS |
PROPERTY
6. RED TABLECLOTH OR TABLE MATS
There will be many dinners and lunches taking place during Chinese
New Year as families and friends gather to celebrate. One simple way
to decorate the dining table then is to lay a red table cloth or get some
red table mats. You just can’t go wrong with auspicious red during Chinese New Year.
Enjoy these quick decorative tips and have a very auspicious and
prosperous Year of The Fire Monkey!
A member of The Edge Media Group, THEEDGEPROPERTY.com
is Malaysia’s fastest growing and most relevant property portal.
Come join the team!
PROPERTY ANALYST
5. UPSIDE DOWN CHINESE WORD FOR PROSPERITY
The Chinese word for prosperity is Fu in Mandarin or Fook in Cantonese. The Chinese stick the word Fu on their walls and doors to
invite abundant prosperity into the house. To make your own Fu,
get a square red paper and write the word Fu in the middle of the
diamond shaped red paper. Then, turn the word upside down and
stick the it upside down. This is because the word upside down in
Chinese also sounds like the Chinese word for arrive, which means
prosperity has arrived!
DO YOU SUSPECT THAT CEMENT
IS FLOWING IN YOUR BLOOD?
ARE YOU EXCITED BY
WHAT THE DATA IS TRYING TO TELL YOU?
ARE YOU IN LOVE WITH PROPERTY?
If it is a firm ‘Yes’ to all the above,
we would love to have a chat with you.
BEFORE THAT, WHO WOULD YOU BE?
WELL, YOU WOULD:
•
•
•
•
•
•
Have a strong knowledge of the property market
Boast indepth research and analytical skills
Churn out analysis reports with ease
Spot story ideas in the data and turn them into reports
Turned on by deadlines
A team player who can work with minimal supervision
Of course, you would command excellent communication
and writing skills.
Salary will commensurate with experience and last drawn salary
(if applicable) to be stated in résumé.
Please send in your résumé to:
The Manager
Human Resource Department
Level 3, Menara KLK, No 1 Jalan PJU 7/6
Mutiara Damansara, 47810 Petaling Jaya
Email : [email protected]
Fax : 603-7721 8008
Only shortlisted candidates will be notified
EP
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PROPERTY
| F E AT U R E
FR I
5. Agua da Prata Aqueduct, Portugal
Evora’s old Roman aqueduct was rebuilt
in 1537, and named the Agua da Prata Aqueduct (Aqueduct of Silver Water), supplying the city with water for more than
four centuries until 1979. Now a World
Heritage Site of Evora, effort is required
to preserve the aqueduct while allowing
it to maintain its current function of irrigating parks and gardens. Its brick and
stone masonry need regular maintenance
while other sections require bigger repairs
to ensure structural stability.
1. Fortifications of Portobelo, Panama
Located in the town of the same name 30 miles from the city of Coln, the fortifications comprise a number of forts, batteries and
fortified positions to make up significant examples of Spanish military architecture. Built between the 17th and 18th centuries,
some fortifications were rebuilt after attacks by pirates and privateers, most notably in 1668 by Captain Henry Morgan, and by
Admiral Edward Vernon in 1739. The latter attack caused a decline in trade activity, which was transfered to safer routes. These
fortifications were recognised on the World Heritage List in 1980. WMF is emphasising the need for better landscape management.
World Monuments
Watch 2016 (Part 2)
COMPI L ED BY EWE SHU F EI
The World Monuments Fund
(WMF) lists 50 sites around
the world at risk from the
impact of social, political,
economic and climate change
inlcuding natural disasters.
Founded in 1965, the
WMF launched the World
Monuments Watch in 1996
and is prepared to assess
damage, undertake emergency
conservation and plan the
recovery for the sites on the
list. The Edge Property featured
25 of the sites on this year’s
watch last month. Here are the
other 25.
2. La Ermita de Barranco, Peru
Barranco started out as a fishing village,
and La Ermita was said to have been built
by a group of fishermen during the second
half of the 18th century, who had spotted
a light ashore while lost at sea. This shrine
was replaced with a church in 1901, which
closed after a 1940 earthquake damaged
the adobe masonry structure. The church
remains closed to the public despite several
attempts at restoration.
3. Rumiqolqa, Peru
This is an ancient quarry used between the
middle of the 6th century and 900 AD, when
Wari rulers founded a second city next to
the site. It is located within the Pikillaqta
Archaeological Park, less than 30 miles
southeast of Cusco, and covers an extensive area containing more than 500 architectural structures distributed in different
sectors corresponding to different periods
of usage. Uncontrolled mining activity and
the extraction of sand nearby are threats
to the site.
4. Boix House, Philippines
Situated in the Quiapo district of Manila, the
house dates back to the late 19th century
with its first owner being renowned poet,
translator and academician Jose R Teotico,
who received the Premio Zobel (given by
the oldest literary award-giving body in the
world). After serving as a dormitory, business office and printing company, it has
recently become a dwelling for illegal tenants. Its Spanish colonial architecture has
become eblematic of the challenges facing
vernacular architecture in Southeast Asia.
The Watch will galvanise local stakeholders
to use Boix House as a primary catalyst to
enrich the surrounding neighbourhoods.
6. Sao Cristovao Church, Portugal
The current church dates from the 16th
century, perched atop the steps of Sao
Cristavao in the historic centre of Lisbon.
With walls covered in 17th-century oil
paintings, the church survived the 1755
Lisbon Earthquake surprisingly well, with
the damaged flanking bell towers swiftly
reconstructed. Restoration and conservation works were carried out to the church’s
facades, interior and roof from the mid-19th
century to 2004. Despite this, deterioration
of wooden surfaces from termite damage,
the ceiling’s water damage and decay, as
well as wax deposits and pollution which
have darkened the oil paintings, have yet
to be addressed. Since its inclusion on
the Watch, it was declared that €75,000
(RM345,127) would be allocated to the
conservation of the church.
7. Bucharest, Romania
Comprising examples of many cultural expressions, including architecture based on
foreign stylistic models (primarily French),
expressions of the Neo-Romanian style of
the 19th and 20th centuries, modernism
and avant-garde architecture, Bucharest
is threatened by abandonment and demolition of historic buildings, uncontrolled
development and inappropriate rehabilitation. Many older buildings stay shuttered
and neglected due to ownership disputes
and lengthy legal processes, while the growing economy has raised land values in the
city centre to provide a strong incentive for
demolition and redevelopment. That, coupled with inadequate legal protections and
a lack of technical resources to reproduce
certain building structures, mean inappropriate interventions risk irreversibly altering
Bucharest’s characteristic historic features.
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8. Rosia Montana Mining landscape,
Romania
Intimately associated with a history of mining
for gold deposits and a consequent underground network, the site has been developed
over a period of more than two millenia.
Consisting of traditional buildings from the
18th and 19th centuries as a home to a multi-ethnic and religiously diverse community,
Rosia Montana was threatened with almost
complete destruction due to plans to resume
and expand open-pit mining, removing four
mountain peaks surrounding the town in
the process. Though protests managed to
temporarily reject the proposal in 2013,
there is still a need to reverse certain land
use regulations to allow for more sustainable forms of economic activity.
11. Former Apia Courthouse, Samoa
Built in 1902 by German colonial powers
governing the islands of Upolu (on which
the courthouse is located) and Savai’i from
1900 to 1914, it was used as an administrative
centre. The two-storey timber frame building
is one of the last surviving colonial structures
in the South Pacific. The old courthouse lost
its former function to a new courthouse in
Apia in 2010. Limited upkeep and the lack
of plans for reuse are threatening the monument, and the 2016 Watch calls on efforts
to preserve the building through local mobilisation and international collaboration.
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F E AT U R E |
12. Bunce Island, Sierra Leone
The island was once home to the most lucrative illegal slave trading operations in
West Africa between the late 16th century and 1807. Fortified trading posts with
ancillary buildings were erected on the
island, which are now facing erosion and
uncontrolled growth of vegetation. A project involving outreach programmes for
local schools and community members
to develop national consciousness surrounding the history of slavery on the site
has been worked out in order to recognise
its historic and social significance.
9. Shukhov Tower, Russia
Named after its designer Vladimir Shukhov, the 350m tower was built between 1919
and 1922 and is an emblem of modernist architectures in the years following the
Russian Revolution. The monument’s lightweight structure was balanced by its stable design, and was the site from which the first public radio and television signals
were transmitted in Soviet Russia. After it ceased function in 2002, the structure
now suffers from corrosion, catalysed by inappropriate repairs in the 1970s, with a
looming threat of demolition.
10. Vyborg Historic Centre, Russia
The centre’s previous functions include as
a hub of trade between East and West, as
well as a medieval fortified city. It reflects
a history of Russian, Swedish and Finnish
control between the 13th and 20th centuries. The redrawing of borders in 1944 put
the city under Soviet control, resulting in
additional degradation after experiencing
heavy destruction during World War II. Although the Russian Federation designated
it a historic city in 2010, the city retains numerous abandoned and ruined buildings
due to the lack of a clear master plan and
insufficient enforcement of the existing heritage protection laws.
13. Bo-Kaap, South Africa
From its establishment in the 17th century,
Bo-Kaap was a multi-ethnic and multi-lingual community consisting of South and
Southeast Asian nationals who had been
forcibly relocated for skilled labour work.
It is now recognised for its distinctive vernacular architecture and enduring Muslim
culture in addition to the preservation of
the largest collection of pre-1850 architecture in South Africa as well as the nation’s
oldest mosques. However, the community’s
oral history, time-honoured skills and other traditions are slowly being eroded, and
the Watch intends to create an informed
and inclusive conservation management
plan for the city in order to enhance local
knowledge and promote awareness through
research and documentation.
PROPERTY
EP
15
14. Simwonjeong Pavilion,
South Korea
Simwonjeong is the only remaining Korean won-lim (forest garden) within the
Geyongsang province, built under the direction of a Confucian scholar named Cho
Byeong-Seon in 1937. The site comprises
a traditional hanok pavilion surrounded
by gardens and a forest area, with poems
inscribed in various locations throughout
its vicinity. In 1995, the pavilion was converted into a restaurant, which fell out of
use shortly afterwards. Rising land values
and a lack of legal protection pose a risk
to this heritage site. Since the 2016 Watch
was announced, the Simwonjeong Pavilion was donated to the National Trust of
Korea, which pledged to make every effort to ensure the protection of the site in
October 2015.
15. Averly Foundry, Spain
The foundry is the subject of an ongoing
legal battle for its protection as a significant industrial heritage site. Built in 1880
in the then-budding Zaragoza, the complex occupies roughly less than 2.5 acres
and encompasses a residential zone and
an industrial sector, which has retained
late 19th century architectural features as
well as most of the original furniture and
machinery. Only a third of the monument
is protected as a municipal landmark,
leaving the other buildings to potential
demolition.
16. Cloistered Convents of Seville,
Spain
The decline in monastic communities and
maintenance availability have challenged
the survival of the cloistered convents built
between the 13th and 17th centuries. As
of 1993, Seville consisted of 41 cloistered
convents and only 15 remain today. Religious celebrations and festivals were
held in the cloistered convents by local
communities. There is still opportunity
to integrate public use or programmes, as
well as tourism, at other Seville convents
to generate economic resources for conservation and upkeep.
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PROPERTY
| F E AT U R E
17. Sabu-Jaddi rock art sites, Sudan
The Sabu and Jaddi settlements are surrounded by rock drawings stretching over a three-mile area, carrying great archaeological,
artistic and spiritual meaning with depictions of figures and scenes from prehistoric and modern times denoting 6,000 years of
human occupation. The drawings are not fully protected or documented, and are constantly attacked through vandalism, improper usage, and unmanaged exploration that cause surface erosion.
18. Kucapungane Rukai, Taiwan
Formerly home to one of Taiwan’s indigenous
Austronesian tribes, the village faced a decreasing population 1974, when the council
decided to move in to be closer to modern
infrastructure, and once more in 2009 after
a flood. Now, the community comprises just
over 3,000 members spread across Pingtung
and Taitung counties. Since its abandonment, the 163-house village has witnessed
uncontrolled vegetation growth and collapse
of houses, and frequent typhoons have damage the structures of the homes.
19. Kua Ruins, Tanzania
The Kua Ruins are all that remain of a medieval Swahili town, offering insight into an
island civilisation that saw Portuguese and
Omani control as well as independence,
enslavement and abandonment. Traces
of early settlement and trade have been
found on site, such as Islamic and Chinese
ceramics dating back to the 13th and 14th
centuries, and currency from mainland
Tanzania. Some surviving structures at Kua
include ruins of homes, mosques and what
is believed to be the sultan’s palace. The site
is constantly threatened by harsh climate,
digging by explorers, unmanaged tourism
and potential commercial development.
20. Moseley Road Baths, UK
Birmingham’s Moseley Road Baths in Balsall Heath opened between the 1880s and
1914, and contained baths as well as two
swimming pools. The first-class gala pool,
which has filigree cast iron arches spanning
over spectator galleries on three sides, was
closed in 2003, while the second-class pool
retains remnants of historical periods with
its glazed brick walls, terrazzo floors, leaded windows, and wood joinery and fittings.
Its most significant structures are its rare,
century-old fixtures, such as steam-heated
drying racks, believed to be the last surviving pieces of such equipment in the UK. The
Birmingham City Council plans to close the
baths in 2016 due to cutbacks in government spending.
21. Wentworth Woodhouse, UK
The largest privately owned house in the
UK, Wentworth Woodhouse was built and
expanded to a colossal scale by successive
generations of owners in the 18th century,
and became a hub of political and social life
in the north of England. Its grounds were
mined for coal during the shortage after
the end of World War II, and its subsequent
damage hastened its steady deterioration.
22. Mission San Xavier del Bac, the US
Established by a Jesuit priest in 1692, the European-style church was known as the White
Dove of the Desert because of its bright limewashed exterior. The mission now operates
as a parish and school serving the Tohono
O’odham tribe. It was recognised as one of
the first National Historic Landmarks by the
National Parks Service in 1963, and is also a
tourist destination. A misinformed restoration campaign led to structural degradation
after moisture was trapped in the walls after cover they were covered in cement. The
damage has been reversed since 1988, and
the church’s west tower was completely restored in 2009. A fundraising campaign for
the restoration of its east tower is being held.
23. San Esteban del Rey Mission,
the US
Located in the pueblo of Acoma (known as
‘Sky City’ for its position atop a 350ft high
mesa), the church was built in the first half
of the 17th century under the direction
of Spanish colonisers. The building was
the only survivor of the Pueblo Revolt of
1680, and became the site of one of the
earliest restoration programmes in the
US. The mission was previously included
in the 2002 Watch, arising from a need for
intervention to protect its earthen structure. Even with the previous campaigns,
the WMF states that there is still a need for
a comprehensive restoration programme
to address the biggest problem facing the
church — the overdue repair of the traditional roof.
24. Great Zimbabwe, Zimbabwe
A national monument and World Heritage Site, Great Zimbabwe covers areas of
archaeological remains such as the Hill
Ruins, the Great Enclosure and the Valley
Ruins. At its peak in the 14th century, the
city housed more than 10,000 residents,
which eventually resulted in its abandonment and ruin after the 15th century.
The site not only holds significance as a
national symbol and link to Zimbabwe’s
pre-colonial past, but also for the local
Charumbira, Mugabe, Murinye and Nemanwa clans. One of the primary threats
to the preservation of this site is the uncontrolled growth of vegetation and the
risk of veld fires.
25. Unnamed Monument
The 2016 Watch includes the Unnamed
Monument, an attempt to highlight the deliberate, calculated damage to thousands
of cultural heritage sites worldwide as a
result of political and economic turbulence. As seen from the list above, sites of
forgotten traditions and historical context
are constantly jeopardised. The WMF has
added the Unnamed Monument to shift
the focus to local populations losing their
cultural heritage and history.
Published by The Edge Communications Sdn Bhd (266980-X) Level 3, Menara KLK No.1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, Selangor, Malaysia
Printed by KHL Printing Co Sdn Bhd (235060-A) Lot 10&12, Jalan Modal 23/2, Seksyen 23 Kawasan Miel Phase 8, 40000 Shah Alam, Selangor, Malaysia

MKH takes part in redevelopment of Pekeliling flats Malaysia signs

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