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Th eEdgeProperty.com
FBM KLCI 1629.52 4.53 KLCI FUTURES 1623.50 2.00 STI 2729.85 5.54 RM/USD 4.1000 CPO RM2378.00 1.00 OIL US$48.17 0.24 GOLD US$1331.70 12.00 PP 9974/08/2013 (032820) PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST) TUESDAY JUNE 28, 2016 ISSUE 2197/2016 FINANCIAL DAILY MAKE BETTER DECISIONS BMW’s flagship 7 Series is sheer magic 16 F O C U S www.theedgemarkets.com 4 HOME BUSINESS High-5 ‘has no choice but to close down’ Husni resigns, 5 HOME BUSINESS YTL hunts for UK acquisitions amid Brexit shock JOHARI E R O M N A H T TAKES OVER m o c . 6 HOME BUSINESS ‘Foreign selling narrowed to RM134.3m’ y t r e p o a pr rtal po of Cabinet reshuffle reshuffl ffle also sees return y t r e p o r P e g d E e Th 7 PROPERT Y SNAPSHOT Noh Omar, Rahman replacing Wahid. Meena Lakshana has the story on Page 3. Singapore property’s unexpected prop LY . ANA A T A GS . D N I T S I ES . L H C N U EW LA N . S NEW 11 H O M E Ketum juice addiction among students serious 12 H O M E ‘Images of suspects in Kevin Morais’s murder trial taken randomly’ Datuk Johari Abdu dull Gh Ghan anni Abdul Ghani TICS Tan Sri Noh Omar Datuk Abdul Rahman Dahlan Ringgit falls victim to Brexit uncertainties 3 HOME BUSINESS FBM KLCI 1629.52 4.53 KLCI FUTURES 1623.50 2.00 STI 2729.85 5.54 RM/USD 4.1000 CPO RM2378.00 1.00 OIL US$48.17 0.24 GOLD US$1331.70 12.00 PP 9974/08/2013 (032820) PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST) TUESDAY JUNE 28, 2016 ISSUE 2197/2016 FINANCIAL DAILY MAKE BETTER DECISIONS www.theedgemarkets.com BMW’s flagship 7 Series is sheer magic 16 F O C U S 4 HOME BUSINESS High-5 ‘has no choice but to close down’ Husni resigns, 5 HOME BUSINESS YTL hunts for UK acquisitions amid Brexit shock JOHARI TAKES OVER 6 HOME BUSINESS ‘Foreign selling narrowed to RM134.3m’ Cabinet reshuffle also sees return of Noh Omar, Rahman replacing Wahid. Meena Lakshana has the story on Page 3. 7 PROPERT Y SNAPSHOT Singapore property’s unexpected prop 11 H O M E Ketum juice addiction among students serious 12 H O M E ‘Images of suspects in Kevin Morais’s murder trial taken randomly’ Datuk Johari Abdul Ghani Tan Sri Noh Omar Datuk Abdul Rahman Dahlan Ringgit falls victim to Brexit uncertainties 3 HOME BUSINESS 2 T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY For breaking news updates go to www.theedgemarkets.com ON EDGE T V www.theedgemarkets.com Second chance for YES The Edge Communications Sdn Bhd (266980-X) Level 3, Menara KLK, No 1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, Selangor, Malaysia Publisher and Group CEO Ho Kay Tat EDITORIAL For News Tips/Press Releases Tel: 03-7721 8219 Fax: 03-7721 8038 Email: [email protected] Senior Managing Editor Azam Aris Executive Editors Kathy Fong, Jenny Ng, Siow Chen Ming, Ooi Inn Leong Associate Editors R B Bhattacharjee, Joyce Goh, Jose Barrock, Vasantha Ganesan Editors Cindy Yeap, Kang Siew Li Assistant Editors Adeline Paul Raj, Tan Choe Choe, Kanagaraju S Sithambaram Chief Copy Editor Halim Yaacob Senior Copy Editor Melanie Proctor Copy Editors Evelyn Chan, Tham Yek Lee, Tham Kid Cheng 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 EDITORIAL ADMINISTRATION Manager Katherine Tan Assistant Manager Madeline Tan Senior Coordinator Maryani Hassan CORPORATE Managing Director Au Foong Yee Deputy Managing Director Lim Shiew Yuin ADVERTISING & MARKETING To advertise contact GL: (03) 7721 8000 Fax: (03) 7721 8288 Chief Marketing Officer Sharon Teh (012) 313 9056 General Manager, Digital Media Kingston Low (012) 278 5540 Senior Sales Managers Fong Lai Kuan (012) 386 2831 Peter Hoe (019) 221 5351 Gregory Thu (012) 376 0614 Creative Marketing Chris Wong (016) 687 6577 Head of Marketing Support & Ad Traffic Lorraine Chan (03) 7721 8001 Email: [email protected] OPERATIONS To order copy Tel: 03-7721 8034 / 8033 Fax: 03-7721 8282 Email: [email protected] TheEdgeProperty.com Managing Director Au Foong Yee Editor Lam Jian Wyn Contributing Editor Sharon Kam Assistant Editor James Chong MARKETING & ADVERTISING Account Director Sharon Chew (012) 316 5628 BUSINESS DEVELOPMENT Senior Manager Elizabeth Lay Britain’s next PM to be appointed by Sept 2 Conservative committee says earlier conclusion might be possible LONDON: Britain’s next prime minister will be appointed by Sept 2 at the latest under a timetable put forward yesterday by the committee responsible for running the leadership contest triggered by David Cameron’s decision to resign. “We recommend that the process of electing a new leader of the Conservative Party should commence next week ... and conclude no later than Friday the second of September,” said Graham Brady, chair of the 1922 committee of Conservative lawmakers. He told reporters that an earlier conclusion might be possible and that nominations must be submitted by noon (1100 GMT) on Thursday. The proposals are subject to approval by the full committee. Cameron has started laying the groundwork for his successor to trigger the country’s exit from the European Union (EU). The government is under pressure to fill a vacuum left when Cameron announced he would resign by October after Britain ignored his advice and voted to leave the 28-member bloc in last week’s referendum. Triggering a leadership battle which could draw in some of his closest advisers, Cameron urged ministers to work together in the meantime. But he also formed a separate unit, staffed by public servants, to help advise Britain on its departure and its options for a future outside the EU. See related stories on Page 13, 14 & 18 Brady sets the party’s ground rules in parliament, said the group had recommended that the leadership contest should begin next week and conclude no later than Sept 2. That recommendation will almost certainly be passed. “Both the Conservatives and the country more generally really want certainty. We would like a resolution and we think it would be a good thing to conclude this process as soon as we practicably can,” Brady told Sky News. He said there should be no new parliamentary election before Britain had negotiated the terms of its exit from the EU. Several Conservative lawmakers have urged leadership candidates to try to broker a deal quickly as to make sure that any campaign is as painless as possible, to avoid deepening divisions exposed during the referendum campaign. “A leadership contest now is not in the interests of our country,” said Justine Greening, international development minister. “It will mean our party focuses inward at the very time our country most needs us to focus outward.” — Reuters SEA stocks recover from Brexit shock BY KRISHNA V KURUP BENGALURU: Most Southeast Asian (SEA) stock markets recovered from early losses yesterday and closed higher, as investors digested uncertainties arising from Britain’s decision to exit the European Union (EU). Sentiment remained weak as doubts over when the world’s fifth-largest economy would leave the EU and on what terms weighed on global markets. However, the moves yesterday were nowhere near as extreme as last Friday, when the shock of Britain’s exit vote drove global stocks to their biggest decline in nearly five years. The UK is likely to enter a recession within the year as a result of the leave vote, a decision that will stunt global economic growth as well, Goldman Sachs’ top economists said on Sunday. Concerns over Brexit, however, could prevent the US Federal Reserve from raising rates in the coming months, which would be a big comfort for Asian markets. Philippine shares rose 1.1%, helped by energy and financial stocks. Semirara Mining Corp rose 5.1%, while Ayala Land Inc gained 3.1%. The rise was not expected yesterday, but “the impact of Brexit should really be minimal”, said Charles Ang, an analyst with COL Financial. “Aside from the effect of weakened sentiments of global investors, fundamentally we do not see any material impact of Brexit in terms of the Philippine economy,” he added. Vietnam ended marginally higher, reversing losses made in early trade. Energy stocks led the gains, with Petrovietnam Gas Joint Stock Corp up 0.8% and PetroVietnam Drilling & Well Service Corp 2.3% higher. “Investors are overreacting to Brexit,” said Duong Manh Dung, a trader at VnDirect Securities. “The market needs two to three sessions to rebalance.” Malaysian shares pared early losses to close 0.3% lower, while Singapore closed down 0.2%. MSCI’s broadest index of Asia-Pacific shares outside Japan cut losses and was down 0.2% at 0825 GMT yesterday. — Reuters IN BRIEF China says debt, financial risks under control BEIJING: China’s debt and financial risks were under control, the central bank said yesterday, adding that it would continue to implement prudent monetary policy and proactive fiscal policy. In its 2016 financial stability report, the People’s Bank of China said it would also keep yuan interest rates at a reasonable level. “Overall credit risks are under control, non-financial corporate debt risks are rising,” it added. The central bank said it would also “comprehensively” use monetary policy tools, including open market operations, reserve requirement ratios and relending, to keep liquidity ample. — Reuters PepsiCo revives Diet Pepsi with aspartame NEW YORK: PepsiCo Inc, struggling to cope with plunging sales and unpredictable consumers, is bringing back its old Diet Pepsi formula less than a year after phasing it out. Diet Pepsi, which was reformulated in August to drop artificial sweetener aspartame, will be sold in its old recipe as Diet Pepsi Classic Sweetener blend in retro packaging, PepsiCo said yesterday. As part of a broader revamp of its diet-cola line-up, the company also is renaming Pepsi Max as Pepsi Zero Sugar in the US to more clearly show that the beverage has zero calories. — Bloomberg ‘Pertamina to sign first upstream deal with Iran’ JAKARTA: Indonesia’s state energy company Pertamina will sign a deal to purchase a stake in an oil and gas block in Iran within a week, an official of Indonesia’s energy ministry said yesterday. Iran’s oil and gas infrastructure has stagnated after years of international sanctions that were lifted in January, and is now in need of investment. A deal would be Indonesia’s first investment in Iran’s upstream oil sector. Last month, Pertamina inked a deal to purchase 600,000 tonnes of liquefied petroleum gas from state-owned marketer National Iranian Oil Co. — Reuters Gold gains as investors seek refuge after Brexit vote REUTERS BY CLAR A DE NI NA LONDON: Gold rose yesterday, staying close to the more-than-twoyear high hit last Friday as uncertainty over Britain’s vote to leave the European Union (EU) pushed investors to sell equities and seek safer assets. Bullion surged 4.8% last Friday, its biggest one-day gain since January 2009 as the British vote sparked sales of riskier assets. Gold is often perceived as a hedge against economic and financial risk. “Short-term tactical gold buying of highly speculative flows has a history of being not sustainable, but there are also longer-term investors in this rally, who worry about contagion, and ramifications in other markets and parts of the world,” Sharps Pixley chief Ross Norman said. Spot gold rose as much as 1.5% to a session high of US$1,335.30 (RM5,461.38) an ounce and was up 0.7% at US$1,325.01 by 1359 GMT. It rallied 8% to US$1,358.20 at one stage last Friday, the highest price since March 2014. “The uncertainty around the timing of negotiations to leave the EU means that not only do investors become more defensive and buy things like gold and the [US] dollar, but it also keeps sterling under pressure and translates into a per- manent loss of economic activity at [the] domestic level,” ETF Securities analyst Martin Arnold said. The British referendum verdict probably means the US Federal Reserve’s (Fed) ambitions for two rate rises this year have been placed on hold, analysts and experts said. Goldman Sachs has raised its gold price forecasts, saying Brexit suggested a more sustainable impact on the trajectory of US interest rates. “Gold prices will go higher in the third quarter as the full ramifications of Brexit begin to be felt, but expect it to fall back in [the] fourth quarter after the US election and as the Fed gets ready to hike again,” Macquarie said. — Reuters HOME BUSINESS 3 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY Husni resigns, Johari takes over Cabinet reshuffle also sees return of Noh Omar, Rahman replaces Wahid BY MEENA L A KSHA NA KUALA LUMPUR: Deputy Finance Minister Datuk Johari Abdul Ghani has been named second finance minister, replacing Datuk Seri Ahmad Husni Hanadzlah who has stepped down from his position. The change was part of a cabinet reshuffle announced by Prime Minister Datuk Seri Najib Razak yesterday, which also saw the return of Selangor Umno chief Tan Sri Noh Omar as a federal minister, Bernama reported. Noh takes over as housing, urban well-being and local government minister from Barisan Nasional (BN) strategic communications director Datuk Abdul Rahman Dahlan, who is now minister in the Prime Minister’s Department in charge of the economic planning unit. Abdul Rahman succeeds Tan Sri Abdul Wahid Omar, whose term as a senator has expired and who has decided to exit the public sector for the corporate sector once more. The reshuffle also saw Gerakan president Datuk Seri Mah Siew Kiong taking over as plantation industries and commodities minister, replacing Datuk Seri Douglas Uggah Embas, who contested and won in the 11th Sarawak state election and accordingly was appointed as deputy chief minister. Mah had served as a minister in the Prime Minister’s Department. Commenting on Ahmad Husni’s resignation, Najib said he had stated his wish to end his tenure for personal reasons, Bernama reported. “He is quite ready to retire,” the prime minister was quoted as saying. “I wish to express my deep appreciation and thank him for his services rendered all this while.” Apart from stepping down as a Brexit worries put fund managers in defensive mode BY TA N SI EW MU N G KUALA LUMPUR: While some analysts have put a downward bias on the FBM KLCI Index, fund managers are not dumping their stocks in a hurry, but rather they have turned defensive amid uncertainty caused by the European Union (EU) referendum last Friday. The UK’s unprecedented vote to leave the EU shocked investors last Friday, sending global markets into a tailspin. And market experts said this uncertainty won’t go away any time soon. The FBM KLCI pared losses to finish down 4.53 points or 0.28% to 1,629.52 yesterday, after dropping to an intraday low of 1,618.25. In the broader market, losers outnumbered gainers with 457 stocks ending lower and 295 stocks finishing higher. UOB Asset Management (Malaysia) Bhd executive director and chief executive officer Lim Suet Ling said a good thing about Malaysia’s market today is that participation of foreign investors is low as local funds dominate. “Thus, the selling pressure will not be that severe amid uncertainty [after the Brexit vote].” However, Lim opined that the key issue is the uncertainty of the Brexit process, as the eventual departure of the UK from the EU will take at least two years and the implication for Europe itself — whether it will create more uncertainty. On her part, Lim has turned more defensive, focusing on consumer-related dividend stocks. As for small to mid-cap counters, Lim believes that as long as the companies’ expansion plans, sales and earnings are intact, she does not see holding their shares a major issue. According to MIDF Research, the impact of Brexit on the FBM KLCI is expected to be milder as foreign holdings have already dropped substantially since the end of April. “The net amount offloaded by foreign investors declined substantially to only RM134.3 million last week from RM1.01 billion the week prior. It was the lowest outflow in nine weeks,” it said in a report yesterday. KAF Investment Bank Bhd chief investment officer Gan Kong Yik is of the view that the impact from Brexit on the local market will be limited given Malaysia’s declining exposure to the UK economy or eurozone. “Brexit could potentially affect global market sentiment in the short term due to some uncertainties that may arise over time. We expect more central bank easing policies, strengthening of the US dollar and yen, and stronger gold price post-Brexit,” he said. With markets in a risk-off environment in the near term, Gan favours companies that are defensive in earnings, pay decent dividends and low in gearing. Sectors that he prefers are essential consumer stocks, infrastructure, construction, plantation and export players in Malaysia. “We have decided to stay calm and not follow [the herd] in exiting the market although we have to bear with the effects of the usual capital flight to safe havens like the US dollar and yen. It is not a good time to panic sell as prices, in time, do come back to more rational levels,” Pheim Asset Management Sdn Bhd director of portfolio investment James Lau said. minister, Ahmad Husni is also giving up his BN and Umno positions. In a statement from his political aide, Ahmad Husni said he is stepping down as Umno treasurer, BN treasurer general, Umno Perak deputy liaison chief, Umno Tambun division chief and BN Tambun division chief, the Malay Mail Online reported. Najib also said the portfolios of the ministers in the Prime Minister’s Department will be reshuffled soon. He has also appointed three new deputy ministers and reappointed a former deputy minister to strengthen the federal administration. The three new deputy ministers are Jerlun member of parliament (MP) Datuk Othman Aziz as deputy finance minister, Silam MP Datuk Nasrun Datu Mansur as deputy plantation industries and commodities minister, and Lawas MP Datuk Henry Sum Agong as deputy domestic trade, cooperatives and consumerism minister. The post of deputy plantation industries and commodities minister fell vacant following the death of Tan Sri Noriah Kasnon in a helicopter crash in Sarawak on May 5. MIC deputy president Datuk Seri S K Devamany is back as deputy minister in the Prime Minister’s Department. Meanwhile, Datuk Lee Chee Leong, along with Othman, is deputy finance minister. Bernama reported that Najib said the third cabinet reshuffle was to ensure “smooth continuation of the government’s development agenda for the people — economic development, welfare and security — as promised”. The third reshuffle comes just one month shy of a cabinet reshuffle a year ago, which saw the appointment of Datuk Seri Dr Ahmad Zahid Hamidi as deputy prime minister, replacing Tan Sri Muhyiddin Yassin who was dropped from the cabinet. When making his second cabinet reshuffle on July 28, 2015, Najib said it was to strengthen the line-up in facing the challenges in managing the country before the 14th general election, Bernama reported. When asked if the third new line-up was preparation for BN in facing the next general election, Najib said: “It depends when the next election will be.” Asked when he would call for the general election, Najib said: “I don’t know yet.” As to why there are no female appointees in the current cabinet reshuffling exercise, Najib said it should not be a concern because the government “can always include [them] at some point of time”. Ringgit falls victim to Brexit uncertainties BY TAN S I E W M U NG KUALA LUMPUR: While the British pound is being hammered after the UK voted to leave the European Union, Malaysia’s ringgit seems to be falling victim to the uncertainties brought on by the British decision. The ringgit hit 4.11 against the US dollar yesterday from last Friday’s close of 4.085. At 5pm yesterday, the ringgit fell to 4.0910/0010 against the greenback. Other regional currencies also depreciated against the greenback. Since June 23, Indonesia’s rupiah had depreciated 0.78%; the Singapore dollar had declined 1.4%; the Thai baht had dropped 0.62% at press time as investors rushed to hold the US dollar, which is perceived to be a safe haven now. Economists generally believe that Brexit would not have a significant impact on Malaysia as investments and the trade flow between the two countries are relatively small, but they reckon the ringgit will remain volatile in the near term. “The ringgit is a vulnerable currency as it has already faced local economic and political pressures earlier. I think the ringgit may need at least three months to stabilise, and if things are getting worse, the ringgit is likely to fall through 4.20 against the US dollar,” the Malaysian Institute of Economic Research executive director Dr Zakariah Abdul Rashid told The Edge Financial Daily. Meanwhile, independent economist Lee Heng Guie commented that the near-term outlook for the ringgit will be weighed down by the bout of market uncertainty and volatility associated with Brexit. “With investors rushing to qual- How other currencies fared against the pound 14 USD GBP 12.69% 12 10 SGD GBP 10.88% 8 MYR GBP 10.44% 6 EUR GBP 8.99% 4 2 0 -2 June 20, 2016 June 27, 2016 Source: Bloomberg Created June 27, 2016 (9pm) I think the ringgit may need at least three months to stabilise, and if things are getting worse, the ringgit is likely to fall through 4.20 against the US dollar. — Dr Zakariah ify into safe haven currencies and assets, the ringgit will stay weak against the US dollar,” he said. However, he believes the regulator’s new spot-fixing methodology next month will help to reduce volatility of the ringgit. Bank Negara Malaysia has recently announced a new spot-fixing methodology for the US dollar/ringgit trade, based on market transaction data. The new methodology will be implemented from July 18. Standard Chartered Global Research, Asia FX strategist, Divya Devesh, was quoted by Bernama as saying that high-beta currencies such as the ringgit were expected to lead losses in Southeast Asia, given the volatility and broader risk-off environment, where it could experience a sharp move higher in the US dollar against the ringgit. “For USD/MYR, further upside is possible if risk-aversion persists. The central bank’s relatively ‘hands-off ’ approach to intervention and poor liquidity could exacerbate the move higher in USD/ MYR,” said Divya. “Relatively underweight market positioning by foreign investors in both the bond and equity markets might limit the extent of the move to some degree,” Divya explained. The uncertainty about the economic costs of Brexit would lead to a continued selldown in UK assets and a sharp depreciation of the British pound. Kenanga Research economist Wan Suhaimi sees further downside to the British pound this year with the exchange rate of the British pound against the ringgit testing the 5.50 level in the next few weeks. He said in a report yesterday, the depreciation of the British pound could be more pronounced against currencies with higher yielding assets. 4 HOME BUSINESS T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY MMC-Gamuda faces suit over MRT land acquisition Company said to take steps to defend itself BY MEENA L A KSHANA KUALA LUMPUR: A project delivery partner in the Klang Valley Mass Rapid Transit (KVMRT) project jointly controlled by MMC Corp Bhd and Gamuda Bhd has been served with a claim of over RM300 million for allegedly breaching a land acquisition contract. In separate filings with Bursa Malaysia yesterday, MMC and Gamuda said MMC-Gamuda KVMRT (PDP) Sdn Bhd — along with Mass Rapid Transit Corp Sdn Bhd (MRT Corp) and other parties — is being sued by Accolade Land Sdn Bhd. “The suit is premised on an alleged breach of an alleged contract between Accolade and MRT Corp relating to the acquisition of land belonging to Accolade by MRT Corp for the KVMRT project,” the filings stated. MMC and Gamuda said Accolade is claiming damages in the sum of RM303.53 million with interests and costs. They said MMC-Gamuda will take steps to defend itself, and that the suit will not have any significant financial and operational impact on MMC and Gamuda for the financial year ending Dec 31, 2016. No details of the land in question were disclosed in the filings. According to a search done on the Companies Commission of Malaysia, Accolade directors Tan Teck Keong, Chew Gaik King and Kee JuHun are also directors of Tenggara Teguh Sdn Bhd. According to Tenggara Teguh’s website, Tenggara Teguh, as well as Accolade Land, Kasturi Anggun Sdn Bhd and Sunrise Impetus Sdn Bhd, are involved in property development, management and investment. Other directors of Accolade Land are Datuk Tan Jee Meng, Ng Soon Hong and Bong Fean Loo. Shareholders of Accolade Land are Jalir Emas (M) Sdn Bhd (with a 57% stake), Kreatif Teguh Sdn Bhd (24.57%), KG Capital Sdn Bhd (9.21%) and Kenoza Sdn Bhd (9.21%). For the financial year ended June 30, 2016, Accolade Land reported a profit after tax of RM827,346 on the back of a RM32.42 million revenue. Its current assets stand at RM112.06 million, while its current liabilities stand at RM65.03 million. Its reserves stand at RM27.21 million. This is not the first case involving disputes over land acquired for the MRT project. On Jan 8, 39 strata title owners filed for a judicial review of the authority’s approval for the acquisition of Ampang Park mall for an underground passage to be built between the planned MRT station and the existing Ampang Park LRT station. The owners were seeking a court declaration that the government’s decision to acquire the mall was illegal and unconstitutional pursuant to the Land Acquisition Act 1960. They were also seeking the courts to quash any further proceedings related to the land acquisition. However, the owners later agreed to remove the federal government and the federal territories ministry from the suit, with only two remaining respondents of the judicial review being the federal territories director of lands and mines office and the federal territories land administrator. High-5 ‘has no choice but to close down’ BY GHO C H EE Y UAN KUALA LUMPUR: High-5 Consolidated Bhd has confirmed it has closed down its operations, saying it is abiding by a court order requiring all occupiers to vacate the premises, from which the bread maker operates. In a statement yesterday, High-5 said since the court order requires the group to vacate the premises by July 3, it has no alternative but to close down its operations. The order was obtained by AmanahRaya Real Estate Investment Trust, being the property owner, through CIMB Islamic Trustee Bhd. Over the weekend, the Chinese media reported that High-5 (fomerly known as Silver Bird Group Bhd) ceased its operations on June 23. In response, High-5 denied that the employees were terminated immediately, saying they were given a one-month notice of termination of their employment, starting June 23. Hence, the termination date would be July 22, it said. “To improve their opportunity to find alternative employment, we have dispensed with the requirement for most of the employees to report to work during their notice period. A half-month advance on their salary for the month of June has also been High-5 says it is abiding by a court order that requires the group to vacate the premises, from which the bread maker operates, by July 3. paid, as assurance to the employees of our earnestness to pay the remaining half month’s salary before Hari Raya,” it added. High-5 assured employees that it is making every effort to examine how the remaining employee salaries, benefits and allowances can be paid as soon as possible. In February 2012, High-5, whose substantial shareholders include Berjaya Corp Bhd (16.7%), Lembaga Tabung Haji (5.84%) and Koperasi Permodalan Felda Malaysia Bhd (12.7%), dropped a bombshell when it announced the discovery of a RM112 million (which later turned out to be RM297 million) hole in its finances. The board of directors, led by chairman Datuk Gan Khuan Poh, immediately suspended Silver Bird’s then-group managing director Datuk Jackson Tan, executive director Ching Siew Cheong, and general manager of accounts and finance Lai Poh Mei. Subsequently, it filed a RM125 million civil suit against Tan, Ching and Lai in August 2012. With its cash running low, the bread maker was forced to cut production, and downsize its distribution network. This caused a sharp drop in its market share to 8% to 10%, from as high as 18%, before it ran into trouble. The company was then categorised a Practice Note 17 firm. Its securities were delisted from Bursa Malaysia in 2014, after it failed to mend its financials, with over RM37.23 million in losses for the nine months ended July 31, 2014. MOST VIEWED STORIES ON theedgemarkets.com AirAsia acquires 80% stake in T&Co Coffee for RM914,000 BY G H O C H E E Y UA N KUALA LUMPUR: Budget airline AirAsia Bhd is buying an 80% stake in T & Co Coffee Sdn Bhd (T&Co) for RM914,000 cash to provide more lifestyle-focused offering to its passengers by expanding its inflight menu. In a filing with Bursa Malaysia yesterday, AirAsia said it had entered into an agreement with Datin Charlene Yeo Ming Ling for the proposed acquisition. The purchase consideration will be satisfied in part by cash of RM814,000 and the remaining RM100,000 by AirAsia credit shell, which may be used to pay for flights on all carriers within AirAsia Group. The airline also entered into a shareholders’ agreement with Yeo, Datuk Douglas Cheng Heng Lee and T&Co to govern the foregoing parties’ relationship as the shareholders of T&Co. T&Co has been supplying inflight coffee and tea solutions to AirAsia since December 2013. AirAsia said the purchase price of RM914,000 is based on T&Co’s agreed valuation of RM1.14 million, derived after taking into consideration its net tangible assets (NTA) of RM280,586 as of June 30, 2015 and the capitalisation of the amount owing to Cheng of RM852,341. Upon capitalisation, the total shares of T&Co will be increased to 1.1 million, bringing up the NTA per share to RM1.03. AirAsia said acquiring a majority stake in T&Co would allow it to have greater management control on T&Co, which will allow it to focus more on product development. “Coffee and tea are an important part of the in-flight experience. A good coffee and tea offering would help AirAsia differentiate its brand in an increasingly competitive market,” it said. It added that the move would allow AirAsia to raise premiums on beverages as well as improve the margin. “A majority stake in T&Co would confer on AAB (AirAsia Bhd) greater control over product planning and development to ensure they are both in line with the company’s vision of delivering the ultimate inflight coffee experience featuring the best of Asean beans — the ‘Barista in the Skies’,” it said. AirAsia shares closed down four sen or 1.53% at RM2.57 yesterday, with a market value of RM7.15 billion. Genting Plantations buys more land in Indonesia for US$42.15m BY G H O C H E E Y UA N KUALA LUMPUR: Genting Plantations Bhd (GENP) is buying 21,995ha more land in Indonesia through the purchase of two companies — Cahaya Agro Abadi Pte Ltd (CAA) and Palm Capital Investment Pte Ltd (PCI) — for a combined US$42.15 million (RM172.39 million). This will bring GENP Group’s combined plantation land bank in Malaysia and Indonesia to 260,371ha from its present 238,376ha. In a filing with Bursa Malaysia yesterday, GENP said its 73.69%-owned unit Palmindo Holdings Pte Ltd had entered into two agreements with Green Palm Capital Corp, a related party, to acquire the two loss-making companies. GENP intends to finance the proposed acquisitions via internal funds and external financing. The first deal sees GENP ac- quiring CAA for US$34.55 million, which holds the rights to develop 8,095ha of land in Kabupaten Sanggau in West Kalimantan Barat into an oil palm plantation. Concurrently, GENP is buying PCI for US$7.6 million, which holds the rights to develop 13,900ha of land in Kabupaten Sintang, also in West Kalimantan, into an oil palm plantation. “The proposed acquisitions are in line with our long-term strategy to increase interest in the palm oil business, consistent with its confidence in the continued growth prospects of the industry,” said GENP. It added that the move represents a positive step by the group towards realising its vision of establishing itself as a major player in the industry. GENP also said the lands are located within close proximity to GENP’s other land bank in West Kalimantan and presents potential synergies and economies of scale. Ahmad Zaki bags RM152.3m job to build a bridge in Pahang BY Y IMIE YO N G KUALA LUMPUR: Ahmad Zaki Resources Bhd (AZRB) has bagged a RM152.3 million contract from the Public Works Department to build a bridge over Sungai Kuantan connecting Kuantan to Bandar Putra, Tanjung Lumpur in Pahang. In a filing with Bursa Malaysia yesterday, AZRB said the company last Friday received a letter of award from the Public Works Department for the proposed project. “The works are expected to contribute positively to the group’s future earnings. The board of AZRB is of the opinion that the works are in the best interest of the company,” it added. HOME BUSINESS 5 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY THE EDGE FILE PHOTO Amid Brexit shock, YTL hunts for UK acquisitions Looking for infrastructure utility assets over the next few years KUALA LUMPUR: Conglomerate YTL Corp Bhd, which snapped up a British utility from the now defunct Enron Corp more than a decade ago, is looking for bargains again after the UK vote to leave the European Union (EU) sent assets plummeting. The company, one of Malaysia’s biggest investment holding groups with utilities and property in Britain, will look for infrastructure utility assets in the UK over the next two to three years, Tan Sri Francis Yeoh, its managing director, said in an interview. Not since 2008 has there been an opportunity for it to scout for assets at attractive prices till now, he said. The company has about RM13.5 billion in cash that could be used to fund expansion. “Assets are already more realistically priced, this time by default rather than design,” Yeoh, the 61-year-old managing director of family-owned YTL, said at his penthouse office at the company’s headquarters here. “We have always loved assets like utilities that are long-term. Investors like myself buy long-term businesses.” The pound had a record plunge last Friday and the market value for UK stocks shrank the most since at least 2003 following the fallout from the historic vote, sending global markets into a tailspin and threatening prospects for foreign investments there. While Brexit may prompt overseas companies to steer clear from the UK, Yeoh sees it as an unprecedented opportunity to Britain has the best ‘transparent and coherent’ regulatory framework for foreign investments snap up assets at cheaper prices. YTL, through its power unit, bought Wessex Water Services Ltd in 2002 in its first foray into the European utilities market aimed at widening its business beyond Asia. The group’s other investments in the UK are the Gainsborough Hotel in Bath and the former Filton airfield in Bristol, where the supersonic Concorde airliner was largely designed SapuraKencana’s unit signs GSA with Petronas BY C H ESTER TAY KUALA LUMPUR: SapuraKencana Petroleum Bhd’s (SKP) wholly-owned subsidiary, SapuraKencana Energy Sarawak Inc, signed a gas sales agreement (GSA) to supply gas to Petroliam Nasional Bhd (Petronas) from the fourth quarter of 2017 (4Q17) onwards. The GSA is related to the production of gas from the B15 gas field and the SK310 production sharing contract (PSC) contractors, therefore they are the joint sellers under the agreement. SapuraKencana Energy Sarawak is the operator of Block SK310 PSC, which was awarded by Petronas on June 17, 2008. SapuraKencana Energy Sarawak holds a 30% stake in the PSC. The other partners are Petronas Carigali Sdn Bhd with a 40% interest, and Mitsubishi Corporation’s subsidiary Diamond Energy Sarawak Sdn Bhd (30%). The first gas delivery is targeted for 4Q17. However, the news did not lend support to SKP’s share price, which slid to a record low of RM1.32 yesterday after analysts slashed earnings forecasts for the next two financial years ending Jan 31, 2017 and 2018. The stock has shed 35% year-to-date. It was once traded near RM5 before crude oil prices crashed in the second half of 2014. Analysts view the signing of the GSA positively, but it is not an instant boost to the group’s earnings. Hong Leong Investment Bank Research analyst Lim Sin Kiat opines that SKP could generate steady cash flow from the gas sales from 2018 onwards. “We are not sure about the pricing for the gas sales yet, but most probably would be based on the JCC (Japan Customs-cleared Crude) pricing. We cannot share any solid figure yet, until further management guidance,” he said. Lim, however, also reminded that the GSA has no immediate earnings impact on SKP. JF Apex Securities Research an- alyst Lee Cherng Wee concurred, and recommends his clients to wait until the release of SKP’s first quarter ended April 30, 2016 (1QFY17) results before making any investment decision. “Definitely, it is a positive news for SKP, but it is more of a longterm thing, since the first delivery only happens [at the] end of next year,” he said. The group has scheduled to announce its 1QFY17 results today. SKP obtained the Field Development Plan approval from Petronas for the development of the B15 gas field in November last year. The B15 gas field was discovered in December 2010, and it is located within the SK310 PSC area, offshore East Malaysia. The development comprises a central processing platform with a 35km gas evacuation pipeline to be tied into existing infrastructure. The B15 gas field will deliver gas to the Malaysia Liquefied Natural Gas complex in Bintulu, Sarawak. Tomypak's rights issue with warrants oversubscribed by 29% BY SA NGEETHA A MARTHALINGAM KUALA LUMPUR: Tomypak Holdings Bhd said its rights issue of 54.73 million rights shares, together with the corresponding number of warrants, was oversubscribed by 29.39%. In a filing with Bursa Malaysia yesterday, the plastic package manufacturer said total valid acceptances and total excess applications received were 70.82 million rights share, together with the corresponding number of warrants. The rights shares and warrants are expected to be listed on the Main Market of Bursa Malaysia on July 5. Recall that on Dec 1 last year, Tomypak proposed a renounceable rights issue of up to 54.7 million shares of 50 sen each on the basis of one rights share for every two existing Tomypak shares. This is together with up to 54.7 million free detachable warrants on the basis of one warrant for every one rights share subscribed. It is expected to raise up to RM54.7 million for the construction of a new factory building, purchase of machineries, equipment and other ancillary facilities, and working capital. Tomypak shares closed unchanged at RM1.88 yesterday, with a market capitalisation of RM307 million. and build, according to the British Broadcasting Corp YTL has business interests from Australia to China, owning power plants, shopping malls and infrastructure projects. “I’ve been lamenting the lack of opportunities over the past eight years, and perhaps this, sadly, is a trigger for it,” he said. Acquisitions and investments announced in Europe for the utilities industry amounted to US$21.6 billion last year compared to US$76.4 billion in 2008, data compiled by Bloomberg show. Shares in YTL fell 0.6% on yesterday’s close. The stock is up 6.7% from this year’s low in January. Yeoh said Britain has the best “transparent and coherent” regulatory framework for foreign invest- Yeoh: I’ve been lamenting the lack of opportunities over the past eight years, and perhaps this, sadly, is a trigger for it. ments. “I’m not worried about my investments in the UK. We don’t speculate in currencies and eventually it will even out in the long term.” Also, Brexit could be a catalyst for EU and the world to reform their regulatory framework as the people’s anger largely stems from infrastructure needs that are not addressed quickly enough, he said. “Immigration would be a huge problem in the future if infrastructure needs are not built.” “I’m quite sure we will be getting quite busy for the next two or three years, especially now that the opportunity has come back,” he said. — Bloomberg SunCon bags RM66.3m M&E project at UKM BY G H O C H E E Y UA N KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has bagged a RM66.3 million contract to provide electrical services, air conditioning and mechanical ventilation systems (including a cold room) for the Children’s Specialist Hospital at University Kebangsaan Malaysia (UKM) in Cheras here under a public–private partnership agreement. In a filing with Bursa Malaysia yesterday, SunCon said its indirect subsidiary, Sunway Engineering Sdn Bhd (SESB), had accepted the letter of award issued by Zecon Medicare Sdn Bhd for the project. The project will be completed on April 30, 2018. “The project is expected to contribute positively to the earnings of the group from the financial year ending Dec 31, 2016 onwards,” said SunCon. “The project is subject to normal construction risk of material price fluctuation. However, with the past experiences and expertise of SESB in mechanical and engineering (M&E) projects, this risk could be mitigated,” it added. SunCon shares closed unchanged at RM1.55 yesterday, with a market capitalisation of RM2 billion. 6 HOME BUSINESS T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY ‘Foreign selling narrowed to RM134.3m’ Ideal Sun City to buy commercial buildings for RM50m BY SANGEETHA AMARTHALINGAM It was the lowest outflow in nine weeks — MIDF Research 2000 (RM mil) 1500 1000 500 0 -500 June 24 June 17 June 3 June 10 May 27 May 20 May 6 May 13 April 29 April 22 April 8 April 15 April 1 March 25 March 18 March 11 Feb 26 March 4 Feb 19 Feb 5 Feb 12 Jan 29 -1500 Jan 22 -1000 Jan 8 KUALA LUMPUR: Foreign selling on Bursa Malaysia was marginal last week ahead of the UK vote to leave the European Union (Brexit) last Friday, according to MIDF Research. In his weekly fund flow report yesterday, MIDF Research head Zulkifli Hamzah said this was attributable to the fact that foreigners had been selling for nine consecutive weeks. He said the net amount offloaded by foreign investors declined substantially to only RM134.3 million last week, from RM1.01 billion the week prior. He said it was the lowest outflow in nine weeks. He explained that the estimates were based on transactions in the open market, which excluded off-market deals. Bursa was closed last Wednesday, due to the Nuzul Al-Quran holiday. Zulkifli said foreigners were net sellers on two out of four trading days last week. He said the week opened on a weak note, as there was spillover selling from the preceding Friday. “However, foreigners turned net buyers on Tuesday, mopping up RM97.3 million. “It was the highest daily purchase since April 21 this year. Foreigners continued to buy on Thursday, after the break,” he said. Nonetheless, Zulkifli said the buying momentum halted last Friday, amid the Brexit shock, with a heavy attrition of RM216.8 million. He said that as of last Friday, yearto-date cumulative net foreign fund Weekly net flow of foreign funds into Malaysian equities Jan 15 BY SURIN MURUGIAH Source: MIDF Research flow into shares listed on Bursa had dipped into negative territory for the first time since Feb 26 this year. He said last week’s foreign withdrawal had reduced the cumulative flow to an estimated RM33.7 million. He said foreigners had offloaded RM19.5 billion and RM6.9 billion in 2015 and 2014 respectively. Zulkifli said foreign participation rate remained moderate last week. He said it edged up to RM853.2 million, up 5% from the prior week. He said excluding the outlier data point three weeks ago due to foreigners’ mid-year portfolio rebalancing, their participation rate had remained subdued at less than RM1 billion for four consecutive weeks. Zulkifli said local institutions provided support to the market by loading up RM154.8 million on Bursa last week. He said their participation rate rose by RM345.4 million to RM1.95 billion, from the prior week’s RM1.6 billion, adding that retail buyers turned net sellers last week, after an active buying of RM213.1 million the week prior. He said they offloaded equities amounting to RM20.5 million, while their participation rate improved by 8.8% to RM530.9 million. Commenting on the regional markets, Zulkifli said it was a roller-coaster ride for global equities last week. He said markets were rallying early in the week amid optimism about a prevailing “Remain” vote, but ended with a sharp decline last Friday as a “Brexit” vote prevailed. “[The] Nikkei 225 was heavily sold due to a sharp appreciation of [the] yen as investors sought havens. Surprisingly, the UK market managed to close the week with a 1.95% gain, benefiting from its early week’s rally. “Brent price remained resilient despite Brexit. It declined by 1.55% to US$48.41 (RM198) per barrel,” he said. GEORGE TOWN: Penang-based Ideal Sun City Holdings plans to invest RM50 million to acquire commercial buildings in the state, as well as in Kuala Lumpur and Selangor. Its new chief executive officer Datuk Thomas Liang said the project management services provider will acquire the buildings by the first half of the financial year ending Dec 31, 2017 (FY17). “We are looking at exciting times with project management expansion and possible property development in FY17 or FY18,” he told reporters after the group’s annual general meeting and extraordinary general meeting yesterday. Liang said the group is looking at acquiring one to two properties for RM25 million in Penang to rent out. “We are negotiating with a few parties for commercial blocks that will give us high yields,” he said. In Selangor and Kuala Lumpur, the group plans to spend RM25 million to acquire new factories, and residential and office lots. “We are talking to three to five parties. We expect a cumulative revenue of RM25 million for three years, beginning next year,” said Liang. He added that the group is looking at a 20% to 25% year-on-year growth, with about RM30 million in revenue, from its property letting segment for FY16 to FY19. Ideal Sun City has 58 units of stratified properties in Penang, and 12 light industrial units in the Klang Valley. It is also pursuing a mixed development project in Selangor, which Liang said will be finalised after discussions with the landowner of a three-acre (1.21ha) plot. “We have not decided whether to develop the land ourselves or enter into a joint venture with the landowner. However, it will definitely be a mixed development project,” he said. For the first quarter ended March 31, 2016, the group reported a 4.85% fall in net profit to RM842,000 or 0.45 sen per share, from RM885,000 or 0.6 sen per share a year ago. Revenue rose 8.4% to RM2.5 million from RM2.3 million. Meanwhile, Ideal Sun City shareholders yesterday approved a change in the group’s name to Mega Sun City Holdings Bhd. The name change is aimed at better reflecting the intention and determination of additional members of the board of directors to enhance and improve its business under a new leadership. On Nov 13 last year, Success Tower Sdn Bhd, a private incorporated company based in Klang, purchased 49.05 million shares in Ideal Sun City, bringing its total shareholding in the company to a 31.27% stake, making it the largest shareholder of the group. Maybank joint arranger for US$219m financing of Manhattan tower KUALA LUMPUR: Malayan Banking Bhd (Maybank) has jointly led a consortium of lenders to provide the first syndicated syariah-compliant construction financing in New York, the US, totalling US$219 million (RM895.71 million) for the development of a luxury residential tower in Manhattan. The financing comprises a US$174 million senior construction loan and a US$45 million mezzanine loan. The financing is for the construction of the Tribeca condo- minium tower, a 43-storey building to be developed by Soho Properties and located in 45 Park Place, Manhattan. Construction of the 665ft-tall glass and steel tower will commence in mid-2016 and is scheduled for completion in 2018. In a statement yesterday, Maybank said it was appointed joint lead arranger, together with Warba Bank of Kuwait for the syndication, which includes lenders Intesa Sanpaolo of Italy and an affiliate of MSD Partners, LP of the US. Dolphin International avoiding irrational competition BY C H ESTER TAY KUALA LUMPUR: Dolphin International Bhd, a palm oil machinery maker, will not reach out aggressively for new job orders this year to stay away from irrational competition. Its managing director Eric Low Teck Yin said pricing of job orders is falling and it would therefore not be wise for Dolphin to risk its profitability by bidding for these works. “This is not a good time to fight for more orders because the profitability of these works may be low. And we do not want to have very high orders, while not [being] able to reap profit from them,” he told theedgemarkets. com after the group’s annual general meeting yesterday. “Instead, we are focusing on our existing orders and R&D (research and development),” he said, adding that the group’s prospects remain intact as crude palm oil is deemed a necessity to the world. Low said Dolphin does not expect to see any major change in its results for the financial year ending Dec 31, 2016 (FY16), compared to FY15. “The market was very volatile last year, but things are stabilising now, especially the exchange rate. Our results may be similar to last year, but we will try our best to do better,” he said. Dolphin posted a net profit of RM2.86 million for FY15, halved from RM5.77 million in FY14, despite revenue growing by 22.28% to RM69.44 million from RM56.78 million. For the 1QFY16, Dolphin’s net profit fell sharply to RM5,000, from RM3.11 million a year ago, while revenue rose 7.51% to RM11.42 million from RM10.62 million. Dolphin said the decrease in profit was mainly due to lower profit margins and higher financing cost. Low said the group’s customers had to revise their budget in spending on machinery. “When they did their budget last year, the exchange rate to [the] US dollar was just three something; it became volatile for a period of time. Now, it is at the level of four and is beginning to stabilise, so these clients are doing their budget again before they spend,” he said. Last week, Kenanga Research downgraded Dolphin to a “trading sell” with a target price of 56 sen, from a “trading buy” which came with a TP of 78 sen previously. “[Its] FY15 reported earnings of RM2.9 million made up only 8% of our estimate due to slower-than-expected completion of order book projects, which led to poor revenue recognition,” Kenanga said. “We anticipate existing project completion to be slightly stretched over time and order book replenishment levels to be slow as well,” the research house added. Dolphin’s share price closed unchanged at 58 sen yesterday, giving it a market capitalisation of RM128.76 million. Low: The market was very volatile last year, but things are stabilising now, especially the exchange rate. Photo by Kenny Yap P R O P E RT Y S NA P S H TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY FREE transaction data latest classified listings news T 7 trend analysis and more analytics Source: TheEdgeProperty.com What’s affordable in Taman Desa? Taman Desa top 5 most expensive condominiums/apartments by average transacted price • Taman Desa is an affluent and established neighbourhood. Most of the landed properties were originally developed in the 1970s. The condominiums began to appear in the 1980s, built by developers such as Faber Group, who recognised the potential of Taman Desa’s strategic location. • Based on TheEdgeProperty.com’s analysis of transactions, the average transacted price of non-landed homes was RM480 psf in 1Q2015 while the average transacted price per unit was about RM512,000. • Most of the properties here fall within the mid to high-end segment. In the 12 months to 1Q2015, 58.7% of secondary transactions fell within the RM300,001– RM700,000 range. In the luxury segment, some 10.9% of transactions were for properties priced above RM1 million. • The most expensive project by far is Papillon Desahill Condominium. Completed in 2011, this project is one of the latest additions to the landscape. Typical units here are generously sized, ranging from 1,711 sq ft to 3,681 sq ft. • In May 2014, a duplex penthouse unit here was sold for RM2.03 million. The 3,143 sq ft unit was the most expensive unit sold in Taman Desa during the review period. • The most affordable projects are the flats led by Sri Lempah Flat (RM88,000) and Pangsapuri Teratak Muhibbah (RM95,000). Within the mass market, buyers would find the older condominiums at Jalan Desa such as Iris Apartment (RM184,000), Danau Murni (RM294,000) and Abadi Indah Apartment (RM312,000) relatively cheaper. Source: TheEdgeProperty.com Taman Desa top 5 least expensive condominiums/apartments by average transacted price The Analytics are based on the data available at the date of publication and may be subject to revision as and when more data becomes available. Singapore property’s unexpected prop MOST READ ON TheEdgeProperty.com BY A NDY MU KHERJE E SINGAPORE: For all the damage it’s doing to a fragile global economy, Brexit might have some unintended positive consequences. Among them, perhaps, a soft landing for Singapore’s wobbly property market. With hindsight, the seemingly excessive S$3.4 billion (RM10.3 billion) that Qatar Investment Authority (QIA) paid BlackRock this month to buy an office tower amid a glut of commercial space could turn out to be a decent diversification, if not an altogether shrewd investment (see chart). This might seem like an odd time to make a case for Singapore property. Office prices on the island peaked more than a year ago, after almost doubling over about a decade. Rents in business districts have fallen 10% in the past year. Roughly 700,000 sq m of office space was vacant at the end of March, and another 825,000 sq m of capacity is under construction. The worsening oversupply could easily push vacancy rates, currently 9.2%, a lot higher. Yet Brexit does change the calculations on a relative basis. Large investors like QIA , which has invested US$38 billion (RM155.4 billion) in property around the world, are bound to pare their expectations for London Increasing affluence in a good neighbourhood BCB scales down launches to bite-sized portions Fewer auctions despite softer property market real estate following Britain’s vote to leave the European Union, and that might prompt some of them to seek yield in rival financial centres. Singapore’s commercial property market could see fresh inflows of capital alongside more obvious beneficiaries in continental Europe, such as Frankfurt and Paris. That’s more likely, however, to prevent a slump in prices of existing assets, rather than to lead to a rush by developers to build new towers. Take QIA’s purchase of Asia Square Tower 1, which BlackRock was hoping last year would fetch S$4 billion or more. A 15% discount from those levels offers some cushion to the new buyer from lower rents. Even then, the eventual purchase price of S$29,000 per sq m appears fully valued, given just how active banking-industry tenants like RBS and ANZ have been in shedding space. A genuine recovery in Singapore’s office market may not start before 2019. By then, new construction will be tapering off, and multinationals, including banks, will have greater clarity on where they ought to be expanding to compensate for cutbacks in London. Singapore can lay claim to some of that investment. For that to happen, though, Indonesia and India — the two large economies in the city state’s neighbourhood — ought to be firing on all cylinders, and Singapore has to begin easing its current clampdown on foreign workers, which is becoming a drag on the island’s competitiveness. What the Brexit vote does is to hand the island a chance to work through its property glut without giving landlords a heart attack. The unexpected prop for Singapore’s office market makes Qatar’s pricey purchase appear clever, if not quite clairvoyant. — Bloomberg Brexit will not impact Battersea project’s viability — Sime Darby Nurture a quality construction workforce Fifty tickets to Joey Yap’s seminar this weekend up for grabs 8 B R O K E R S’ C A L L T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY S P Setia may be unable to rely on UK to drive new sales S P Setia Bhd (June 27, RM3.01) Maintain neutral with a lower target price (TP) of RM2.91 from RM3.10: How big is the Battersea Power Station (BPS) project to S P Setia Bhd? The BPS project accounts for about 20% (by effective stake) of S P Setia’s total portfolio gross development value (GDV) and revalued net asset value (RNAV). Maiden earnings from phase 1 (GDV: £846 million [RM4.65 billion]) will kick in from the fourth quarter of 2016 (4Q16) to 1Q17, making up 9% to 15% of the company’s financial year 2016 (FY16) to FY17 profit before tax. A total of 46% of its unbilled sales of RM8.6 billion come from the BPS project. As the full implications of the UK’s exit from the European Union will take time to unfold, we believe the associated political and economic uncertainties, coupled with the resulting impact on the British pound would make UK assets, including commercial properties, unattractive over the medium term. Even if the British pound is to depreciate further, we believe both foreign and local buyers will likely hold back on their purchases, as they wait to see how the developments will affect UK property prices. S P Setia will, therefore, be unable to rely on the UK to drive its new sales. BPS sales have already started slowing down since late2014, due to the UK elections and stamp duty hikes in the past, and we think the momentum will worsen given the latest development. Since its launch in October 2014, the take-up rate for BPS’ phase 3A has only achieved 60%.The GDV for S P Setia Bhd FYE DEC (RM MIL) Total turnover Reported net profit Recurring net profit Recurring net profit growth (%) Recurring EPS (RM) DPS (RM) Recurring PER (x) P/BV (x) Dividend yield (%) ROAE (%) ROAA (%) Net debt to equity (%) Our vs consensus EPS (adjusted) (%) 2014 2015 2016F 2017F 2018F 4,139 469 437 5,780 787 787 4,903 694 694 5,442 821 821 4,152 605 605 6.4 0.17 0.11 17.2 1.25 3.8 8.1 3.6 26.9 80.1 0.30 0.20 9.8 1.07 6.6 11.9 5.3 17.2 (11.9) 0.26 0.18 11.6 1.09 6.0 9.3 4.2 29.0 18.4 0.29 0.20 10.2 1.09 6.7 10.6 4.8 30.2 (26.3) 0.21 0.16 14.3 1.11 5.4 7.7 3.5 27.5 – – (3.5) (4.9) (25.8) Source: Company data, RHB phases 1 and 2 commercial components are worth £1.78 billion. This could be a drag on the company. About 4.2% of S P Setia’s debt is denominated in British pounds. While a weaker British pound may be favourable in terms of foreign exchange, we are concerned about the potential callback on UK borrowings if real estate values depreciate sharply, as the loan-tovalue threshold may be triggered. However, we think this risk will likely be mitigated by the backing of both Sime Darby Bhd (“neutral”, TP: RM7.60) and the Employees Provident Fund in this BPS project. We maintain our FY16 to FY17 earnings forecasts for now. Note that every 5% depreciation in the British pound against the ringgit would lower our earnings projection by 0.5% to 1% (we currently assume RM5.50 versus £1). Further downside could come from sale cancellations if sentiment gets worse. Although the longer-term outlook for the London property market should remain intact given its status as an international financial hub, the uncertain outlook over the medium term has prompted us to cut our TP to RM2.91 from RM3.10, based on a larger 40% (from 35%) discount to RNAV to account for the heightening risk. If conditions in the UK deteriorate, this may also affect market confidence in taking up the company’s proposed issuance of Islamic redeemable convertible preference shares. Key upside risk to our call would be a swift recovery in market confidence if the UK exit is done smoothly and faster than expected. — RHB Research Institute Sdn Bhd, June 27 Vivocom’s long-term prospects remain bright Vivocom International Holdings Bhd (June 27, 22.5 sen) Maintain add with a target price (TP) of 78 sen: The Edge weekly reported that Vivocom International Holdings Bhd (Vivocom) chief executive officer (CEO) Datuk Seri Dr Yeoh Seong Mok may opt for early retirement. Yeoh turns 60 years old this year and we understand that a transition plan is being put in place for him to remain within the group, but in a less strenuous non-executive/advisory role. However, no timeline has been given yet for this transition period. Vivocom’s two deputy CEOs are also capable of filling the role as they are co-founders/partners of Yeoh since the early days of Vivocom and WY Consulting Sdn Bhd. While sentiment in the near term could be negative given the uncertainty around the group’s leadership, we believe Vivocom’s long-term prospects remain bright due to: i) Yeoh will still remain in Vivocom where his relationship with China Railway Construction Corp Ltd (CRCC) will still bring forth more contracts for Vivocom; ii) Vivocom is expanding its business partnerships beyond CRCC, for example Zhonghe Huaxing Development Pte Ltd (Zhonghe Huaxing); and iii) its RM900 million in new contract wins this year have been from non-CRCC clients, testimony that it is not reliant on only CRCC for job wins. On May 31, Vivocom signed a letter of intent to partner with Zhonghe Huaxing, a subsidiary of China Nuclear Engineering Corp (state-owned enterprise of the Chinese government and purchaser of 1Malaysia Development Bhd’s power assets), for collaboration on construction projects. We are positive on this development as Vivocom needed a reliable Chinese sub-contractor to help alleviate working capital needs by taking on some of Vivocom’s non-CRCC jobs. We maintain our “add” rating on the stock, with an unchanged sum-of-parts-based TP. We value the construction business at 10.5 times, based on a 30% discount to the average sector price-earnings ratio of 15 times, comparable to other pure contractors of this size and in line with the expansion in sector multiples over the past six months given the bullish outlook of the construction sector. Risks to our TP are project delays and execution. We expect Vivocom to announce a bonus issue in July. In addition, Vivocom’s second quarter of financial year 2016 (2QFY16) results at end-August should continue the momentum of the strong earnings following 1QFY16’s decent showing. These are potential rerating catalysts for the stock. — CIMB Investment Bank, June 25 Vivocom International Holdings Bhd FYE DEC (RM MIL) Revenue Operating Ebitda Net profit Core EPS (RM) Core EPS growth (%) FD Core PER (x) EV/Ebitda (x) P/FCFE (x) Net gearing (%) P/BV (x) ROE (%) CIMB/consensus EPS (x) 2014A 2015A 2016F 2017F 2018F 66 9.6 3.7 0.005 (86) 214.4 20.53 na 15.1 1.03 2.2 99 13.8 8.4 0.005 4 95.0 27.81 411.7 1.2 1.78 3.4 572 97.0 60.0 0.023 324 13.7 6.68 4.9 0.5 1.65 17.1 0.90 3,233 422.2 240.4 0.093 301 3.5 1.40 2.5 (18.3) 1.01 47.9 1.51 3,375 442.1 250.8 0.097 4 3.4 1.02 2.6 (33.8) 0.72 33.6 1.00 Source: Company Data, CIMB Forecasts Malaysian contractors exploring opportunities overseas Construction sector Maintain overweight: The Asean Master Plan for Connectivity (AMPC) is Asean’s flagship infrastructure project and aims to link Southeast Asian countries via a system of rail, roads and ports. Malaysia’s progress on AMPC is deemed to be advanced and at the upgrading phase. The convergence of the Singapore-Kunming Railway with Malaysia’s railway connectivity plans is already taking shape with the last leg of the double tracking being awarded to China Railway Construction Corp Ltd. We expect more clarity on the high-speed rail from Kuala Lumpur to Singapore when the memorandum of understanding is signed by end-June. The slew of transportation projects amounting to US$45 billion (RM184.05 billion) will also ensure greater regional and urban connectivity, and is a key focus for Malaysian contractors. The 2015/2016 Global Competitiveness Index survey ranks Malaysia 25th out of 140 countries and second best in Asean for infrastructure, implying the pipeline of mega projects will wane in the coming years. While not crucial now, there will be a pressing need to venture overseas. This is not unchartered territory and based on their respective track records, IJM Corp Bhd will be the go-to proxy for India; Gamuda Bhd — Vietnam; WCT Holdings Bhd and Sunway Construction Group Indonesia is the largest market for Asean. It’s likely to stand a higher chance given similar languages, culture and historical precedence. Bhd — the Middle East; and Muhibbah Engineering (M) Bhd — Cambodia. Collectively, our universe (companies under our coverage) contributed 41% of the total projects completed overseas from 1986 to 2015. Malaysian contractors are already exploring opportunities overseas where Indonesia is the largest market for Asean. It is likely to stand a higher chance given similar languages, culture and historical precedence. Consensus earnings for financial year 2016 forecast (FY16F) and FY17F are on average down by 10% and 4% respectively over the past one year. We have also seen the strongest share price performance for Sunway Construction and Kimlun Corp Bhd, which also has the best earnings delivery coupled with upgrades in earnings. Hence, we are now seeing a higher correlation between share prices and earnings but only for upgrades. We think this will be more crucial once the majority of key projects are rolled out this year, implying that execution is the next important milestone to monitor. Our two key transportation infrastructure picks with potential for cross-border opportunities are Gamuda and Sunway Construction. Gamuda remains the best transportation infrastructure proxy, and is present in almost all large-scale local projects. Its proven project delivery partner role for the largest project in Malaysian history, the mass rapid transit (MRT), is a much-needed feather in the cap. Sunway Construction is the only contractor with a track record in MRT, light rail transit and bus rapid transit works. — Alliance DBS Research, June 27 9 T U E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY Seriously, it's the ONLY property portal you need Get smart! Find your next home@ TheEdgeProperty.com L I S T I N G S . N E W L AU N C H E S . N E W S . DATA . A N A LY T I C S 10 B R O K E R S’ C A L L T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY Brexit seen to have negative impact on banking sector Banking sector Maintain neutral: Regional markets last Friday fell in reaction to the result of the European Union (EU) referendum in the UK. The official result was announced with the Brexit camp garnering 51.9% of total votes against 48.1% that voted for UK to remain in EU. With the local market taking cue from Wall Street, the financial market was impacted by the final result of the EU referendum, hence deeper value emerged for some of the local banking stocks, which already traded well below the average rolling forward priceto-book (PB) ratio. Our view is that the result of the Brexit will have a negative impact on the banking sector in the near term due to weaker sentiment. Nevertheless, on fundamental basis, we view that Brexit will have a minimal impact on our local economy. This is in view that the significance of the bilateral trade between Malaysia and UK has declined. Year to date, UK contributed only 1.1% to Malaysia’s total trade and was ranked Banking sector AMMB Maybank Public Bank RHB Capital Hong Leong CIMB AFG BIMB Affin Average REC PRICE @ JUNE 24 TARGET PRICE Buy Neutral Neutral Neutral Neutral Buy Neutral Neutral Neutral 4.37 8.20 19.20 6.10 13.26 4.31 4.09 3.97 2.11 5.10 8.70 20.40 6.30 14.10 5.50 4.00 4.22 2.30 EPS (SEN) 16 17 45.1 66.0 131.8 48.0 95.0 46.0 34.2 37.4 23.0 58.5 45.0 76.0 139.3 54.0 106.0 53.0 36.0 40.0 25.0 63.8 PER 17 16 17 9.7 12.4 14.6 nm 14.0 9.4 12.0 10.6 9.2 11.5 9.7 10.8 13.8 nm 12.5 8.1 11.4 9.9 8.4 10.6 15.5 49.0 56.0 14.0 31.0 19.0 14.5 12.5 11.0 24.7 16.0 57.0 59.0 16.0 35.0 21.0 16.0 13.4 12.0 27.3 NET DIV YIELD 16 17 3.5 6.0 2.9 nm 2.3 4.4 3.5 3.1 5.2 3.9 3.7 7.0 3.1 nm 2.6 4.9 3.9 3.4 5.7 4.3 BV P/BV 16 17 16 17 5.0 6.5 9.2 5.3 10.0 5.1 3.1 2.4 4.4 5.7 5.3 6.7 10.2 5.7 10.8 5.5 3.3 2.6 4.6 6.1 0.9 1.3 2.1 nm 1.3 0.8 1.3 1.7 0.5 1.2 0.8 1.2 1.9 nm 1.2 0.8 1.2 1.5 0.5 1.1 Source: MIDF Research 17th out of 240 trading partners. Hence, we see trading opportunities for stocks, which are trading between one and two standard deviation (SD) below average PB ratio as well as stock trading close to two SD below the average PB ratio as attractive for investment from the valuation perspective. Result of Brexit added deeper value for some banks after the drop in foreign shareholdings seen in May 2016. Based on our observation, foreign shareholdings of most banks slipped in May 2016 after rising in February, March and April. This was based on Malayan Banking Bhd (Maybank), CIMB Group Holdings Bhd, RHB Capital Bhd, Alliance Financial Group Bhd and Affin Holdings Bhd, which provide more frequent updates on their foreign shareholdings. The other banks, AMMB Holdings Bhd, Hong Leong Bank Bhd and Public Bank Bhd provide their foreign shareholdings data on a quarterly basis. Wessex Water an important profit contributor for YTL Power YTL Power International Bhd (June 27, RM1.39) Maintain add with a lower target price (TP) of RM1.50 from RM1.55: YTL Power International Bhd acquired Wessex Water Services Ltd, a water and sewerage water provider in the UK, in 2002. In financial year ended June 30, 2015 (FY15), Wessex Water contributed 74% of YTL Power’s profit before tax and accounted for 41% of YTL Power’s total assets. Wessex Water became an even more important earnings contributor to YTL power in the current financial year due to the decline in YTL Powerseraya Pte Ltd’s earnings and bigger losses in YTL Power’s mobile broadband division. In the first nine months of FY16, Wessex Water’s earnings made up 82% of YTL Power’s pre-tax profit. Brexit will have a limited impact on Wessex Water’s operations as it is mainly a localised business that serves south-west England. While the economic impact of Brexit may reverberate for years to come, the UK’s economic climate has limited impact on Wessex Water’s earnings as its business is governed by a regulatory framework that enables it to earn a reasonable return on its capital. Brexit, however, will affect Wessex Water’s earnings in ringgit terms. Already, the currency market swung wildly last Friday as traders and investors reacted to the exit vote. The movement of the British pound against other currencies may continue to be volatile in the coming NET DPS 16 YTL Power International Bhd FYE JUNE (RM MIL) Revenue Operating Ebitda Net profit Core EPS (RM) Core EPS growth (%) FD core PER (x) DPS (RM) Dividend yield (%) EV/Ebitda (x) P/FCFE (x) Net gearing (%) P/BV (x) ROE (%) % change in core EPS estimates CIMB/consensus EPS (x) 2014A 2015A 2016F 2017F 2018F 14,437 2,914 1,202 0.19 35.3 7.89 0.100 7.19 7.67 20.2 136 0.96 12.6 11,858 3,190 919 0.13 (35.3) 11.04 0.100 7.19 7.51 11.1 135 0.99 8.2 12,407 2,699 763 0.09 (25.2) 14.76 0.090 6.47 10.54 104.7 163 0.99 6.7 12,172 2,701 794 0.10 4.1 14.18 0.100 7.19 11.69 102.8 192 0.99 7.0 12,339 2,776 785 0.10 (1.2) 14.35 0.100 7.19 12.47 66.5 222 0.99 6.9 - - 0.00 0.86 (4.05) 0.84 (4.04) 0.79 Source: Company data, CIMB forecasts weeks and months. We estimate that every 5% depreciation in the pound against the ringgit will reduce our FY16 to FY17 forecast earnings per share by 5%. YTL Power’s valuation is less sensitive than its earnings to the changes in the ringgit or the pound. We estimate that every 5% depreciation in the pound against the ringgit will reduce our TP by only 2%. This is because while the weaker pound will reduce the ringgit value of Wessex Water’s assets, it will also reduce the ringgit value of Wessex Water’s borrowings and other liabilities denominated in the pound. Although Wessex Water accounts for 41% of YTL Power’s total assets, its net assets make up only 16% of YTL Power’s. Despite the weaker earnings outlook due to the weaker pound, we continue to like YTL Power for its attractive dividend yield. We believe it still has the ability to generate sufficient free cash flows for dividend payments. Since almost all of its earnings come from its assets in the UK and Singapore, investors are effectively getting above 6% dividend yield from utility assets in these advanced economies. Weaker-than-expected pound and Powerseraya’s earnings are the key downside risks to YTL Power’s valuation. — CIMB Investment Bank, June 26 Based on our observation, there was a drop in CIMB’s foreign shareholdings from 29% as at end-April 2016 to 27.7% as at end-May 2016. Meanwhile, Maybank’s foreign shareholdings declined from 18.8% on April 29, 2016 to 18% on May 27, 2016. We believe that this was contributed by the reduced weightage in MSCI of Malaysia stocks in the index to 3.09% from 3.43%, consequently reducing the weightage in Maybank and CIMB. Prior to 2013, major central banks around the world that implemented stimulus packages, including the biggest monetary source from the US, through quantitative easing (QE) had caused an inflow of liquidity into emerging markets. Towards mid-2013, the impending rollback of the QE caused foreign funds to start to exit from equity markets in Asia. Since then, foreign shareholdings in local banks have fallen from the peak levels. — MIDF Research, June 27 Malaysian REIT sector’s underlying fundamentals remain unchanged Malaysian Real Estate Investment Trust sector Maintain neutral: Given the challenging economic outlook amid yield compression due to the recent share price rally, we continue to remain “neutral” on the Malaysian Real Estate Investment Trust (REIT) sector with preference on stocks with combination of high yield, good asset quality and strong management. Underlying fundamentals of the sector remain unchanged since our previous update with slower organic growth guided, caused by slower rental reversion by major mall operators in tandem with subdued store sales growth in general; while rising e-commerce remains a long-term risk. The scenery of huge office space supply in the pipeline and slower business expansion are not likely to improve in the near term, causing downward pressure on rental yield for REIT. Besides, we expect yield of Malaysian government securities (MGS) to largely remain stable for the rest of 2016 given expectations of unchanged overnight policy rate. We also expect normalisation of the recent strong buying interest in REITs given the average yield for REITs is already compressed to 5.6% from 6.2% at the beginning of 2016. However, local consumption may improve gradually in the second half of 2016 after a soft patch since the second quarter of 2015, given the normalisation of the goods and services tax effect, festive seasons and measures to support disposable income; all the above will spur retail sales in general. Nevertheless, we continue to believe that growth in the sector will be driven by inorganic growth as acquisition opportunity may emerge given the softer asking price for property in this sluggish market. For the remaining of the year, we believe that there should not be unpleasant surprises given the quality of assets in the portfolio for majority of REIT players under our coverage. Catalysts are a narrowing yield spread, potential acquisition of quality assets to achieve growth as softer property outlook presents such an opportunity, higher disposable income may spur retail spending, which will in turn boost retail REITs and regulatory intervention in limiting the supply of office/mall. Risks are monetary policy tightening by Bank Negara Malaysia, prolonged erosion in consumer sentiment, failure to execute the planned asset injections, significant slowdown in broad economic activities and narrower spread between yields. Maintain “neutral” stance on the Malaysian REIT sector given the overall cautious outlook and challenging operating environment. We roll forward our valuation parameters to 2017, maintain our conservative assumption of 10-year MGS yield at 4%. Maintain our “buy” call on MRCB-Quill REIT (target price [TP]: RM1.25) given its high dividend yield of 7.5% based on its financial year 2017 (FY17) distribution per unit (DPU) and imminent asset injection of Menara Shell. We upgrade Pavillion REIT (TP: RM1.80) to “buy” as we turn positive on its income growth in FY17 post acquisitions and major reversion at a DPU yield of 5.8% at current price. — HLIB Research, June 27 H O M E 11 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY Ketum juice addiction among students serious Although percentage of those involved could not be ascertained, says Mahdzir KANGAR: The consumption of ketum juice among students, especially those in the northern states, has reached an alarming level. Education Minister Datuk Seri Mahdzir Khalid said the ministry was taking the matter seriously although the percentage of students addicted to the juice could not be ascertained. “Random urine samples from students have proven that ketum juice addiction is serious,” he told reporters when met at Perlis Education Department here yesterday. Mahdzir, who was accompanied by education director-general Tan Sri Dr Khair Mohamad Yusof, was earlier briefed on the matter by Perlis Education Department director Izmi Ismail. The minister urged the public, especially parents, to take whatev- Penang Gerakan questions difference in cost of undersea tunnel project GEORGE TOWN: Penang Gerakan questioned the DAP-led Penang state government yesterday the cost of the undersea tunnel project, pointing out that two different figures had been quoted. Its acting Youth chief, Jason Loo, said the state government had mentioned that the cost of the undersea tunnel project was RM3.7 billion but the state Public Accounts Committee (PAC) report in 2015 showed that the cost was RM3.5 billion. “How could there be two figures for one project? Whom shall we believe, the state government or the PAC report? “How could they (the state government) continuously mention RM3.7 billion while in the PAC report the cost is different? This is a very important document,” he told reporters here yesterday. Loo said the remaining RM200 million could be used to build 4,762 units of low-cost houses that would benefit more than 15,000 people. “Maybe the amount is not important for the state government but they can help the people in Penang, especially the young, to own a house each,” he said. Therefore, Loo asked the DAP-led Penang state government to explain the actual cost of the undersea tunnel project. The undersea tunnel project will connect Jalan Pangkor on the island to Bagan Ajam in Seberang Perai, and the three packages of highways are the northern coastal road (linking Tanjung Bungah and Teluk Bahang), bypass from Air Itam to Tun Dr Lim Chong Eu Expressway and bypass from Gurney Drive to Tun Dr Lim Chong Eu Expressway, valued at RM6.3 billion. — Bernama Liow: Awas, Kejara will be enforced upon approval by cabinet KUALA LUMPUR: The Automated Awareness Safety System (Awas) and Demerit Point System (Kejara) will be enforced upon approval by the cabinet, said Transport Minister Datuk Seri Liow Tiong Lai. He said the amendment to the Road Transport Act with regard to the systems was approved by Parliament in May. “We will implement Awas and Kejara together and both systems are in the process of being merged. “We need a little more time to get the cabinet’s approval,” he told a media conference after launching the National Road Safety Campaign and “Ops Bersepadu”, in conjunction with Aidilfitri 2016 here yesterday. Liow said the systems were scheduled to be enforced last May but had to be deferred due to technical problems and hitches. “We hope it would have a big impact on reducing road accidents. It is also a step forward as many countries have implemented the systems. “We cannot be left behind in our efforts to reduce road accidents and fatalities,” he said. On Ops Bersepadu, Liow said the Road Transport Department (JPJ) enforcement operation would start tomorrow and end on July 13. Earlier in his speech, he said load restriction on vehicles would be enforced by JPJ and police before Aidilfitri on July 2 and 3, and after the celebration on July 9 and 10. Liow also said the speed limit for federal roads would be lowered to 80kph from 90kph while that for state roads, to 70kph from 80kph. — Bernama er action was necessary to protect their children from becoming ketum juice addicts. On the briefing, Mahdzir said he was told that the Perlis Sports School project in Bukit Chabang scheduled to be completed this year had been categorised as an ailing project. The contractor had only completed 48% of the infrastructure by end-2015 when the contract was terminated. “We are still waiting for the appointment of a new contractor to complete the RM80 million project,” he said. Several schools were in need of repair works while SK Padang Besar (U) near the train station would be relocated to a new site and has been included in the 11th Malaysia Plan. On the “dukalara couple” (teach- ing couples living apart) programme, he said another 2,000 cases were resolved this year, making it 6,000 of the 19,000 cases resolved since it was implemented last year. Mahdzir said the ministry gives priority to cases where couples have been apart for a long period, but the teachers involved must submit their application for consideration. — Bernama Tengku Sulaiman Shah named Tengku Laksamana of Selangor SHAH ALAM: The Sultan of Selangor, Sultan Sharafuddin Idris Shah, appointed his younger brother Tengku Sulaiman Shah as Tengku Laksamana of Selangor in a ceremony at Istana Bukit Kayangan here yesterday. The title was formerly held by the late Tengku Badli Shah Ibni Almarhum Sultan Hisamuddin Alam Shah Alhaj, who died on June 1, 1988. Tengku Sulaiman Shah was made Tengku Panglima Besar of Selangor by his father, the late Sultan Salahuddin Abdul Aziz Shah Alhaj, on Jan 12, 1972 and had held the title for six years. On Aug 1, 1978, Sultan Salahuddin appointed Tengku Sulaiman Shah as Tengku Panglima Diraja of Selangor, the title which he held for 38 years. Tengku Sulaiman Shah is also a member of the Selangor Royal Assembly Council. At the ceremony, Sultan Sharafuddin also appointed several members of the Selangor Royal Family as Orang Besar Istana. — Bernama Tengku Sulaiman Shah (left) receiving the title of Tengku Laksamana of Selangor from Sultan Sharafuddin at a ceremony at Istana Bukit Kayangan here yesterday. Photo by Bernama Two pioneer Syariah High Court women judges appointed SHAH ALAM: The Sultan of Selangor, Sultan Sharafuddin Idris Shah, presented appointment letters to two pioneer women Syariah High Court judges at a ceremony held at Istana Bukit Kayangan here yesterday. They were Noor Huda Roslan, 40, and Nenney Shuhaidah Shamsuddin, 41, both from Banting. The appointments effective from yesterday were in line with Sub-Section 58 (1) and Section 59 (1) of the Administration of The Religion of Islam (State of Selangor) Enactment 2003. Commenting on this, Selangor Syariah Chief Judge Datuk Dr Mohd Na’im Mokhtar said he was grateful to the ruler for the appointment of the women judges. “This proves that Tuanku is aware of the issues faced by the Syariah Court, especially on the role of women in administering justice effectively.” He added that hopefully these appointments would put an end to the accusations made by certain parties that they were not getting justice. Mohd Na’im stressed the appointment of women judges was not a gender issue but was based on their abilities, which make them qualified to be syariah judges. Nenney Shuhaidah said the ap- pointment was a trust and a heavy responsibility she must fulfil to the best of her ability. Noor Huda said their appointments would counter the negative perception that women could not handle the responsibilities traditionally given to men. “Gender is clearly not the yardstick, but a person’s capability is, regardless of men or women. God willing, we will do our the best and be professional in conducting a case.” Both Noor Huda and Nenney Shuhaidah expressed the hope that more women in other states would be given the responsibility of being Syariah Court judges. — Bernama 12 H O M E T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY Images of suspects taken randomly, says witness Analyst has never met the six men charged with Kevin Morais’s murder KUALA LUMPUR: A witness told the High Court here yesterday he had never met the six men whose images were recorded in two hotels two days before deputy public prosecutor Datuk Anthony Kevin Morais was found dead on Sept 16 last year. An audio/video analyst of the Royal Malaysian Police forensic laboratory, Insp Mior Samsul Abdul Rahman, said he only “saw” them on footage from closed-circuit television cameras at the New Town Hotel and Go Hotel in Petaling Jaya. During cross-examination by counsel V Rajehgopal, Mior Samsul said the focused images of all the men were taken upon instruction from investigating officer ASP Wan Abdullah Wan Said. When asked how he could recognise and get the focused images, the witness said it was through physical characteristics such as hair, body shape and skin colour, described by the investigating officer. Mior Samsul, however, agreed with Rajehgopal’s suggestion that he had captured the images of the men randomly based on instruction and clues from Wan Abdullah. Rajehgopal: This means that prior to Sept 20, before you took the recording, you had met the people whose images you wanted to focus on? You saw them before? Mior Samsul: No. I have never seen them before. Rajehgopal: Who told you to focus on these individuals? Mior Samsul: ASP Wan Abdullah. The six men — G Gunasekaran, 48, R Dinishwaran, 24, A K Thinesh Kumar, 23, M Vishwanath, 26, S Nimalan, 23, and S Ravi Chandaran, 45 — have been jointly charged with murdering Morais between Jalan Dutamas Raya and Jalan USJ 1/6D on Sept 4 last year. Army pathologist Col Dr R Kunaseegaran, 53, has also been charged with abetting the six men in the murder of the deputy public prosecutor. The hearing before Judge Datuk Azman Abdullah continues today. — Bernama ‘Muhyiddin, Mukhriz sacked to strengthen party’ KEMAMAN: The sacking of former deputy president Tan Sri Muhyiddin Yassin and former Kedah menteri besar Datuk Seri Mukhriz Mahathir was necessary in order to strengthen Umno, the party’s supreme council member Datuk Seri Ahmad Shabery Cheek said. Ahmad Shabery, who is the agriculture and agro-based industry minister, said their support for the opposition made the people angry and would erode the people’s support for Umno. “It’s like the Euro football match. A player who scores an own goal will surely upset the fans and coaches. As a result, the player will be dropped from the team. “This is the same for politics. Problems should be resolved internally rather than collaborating with the opposition to topple your own party,” he told reporters after visiting a corn farm in Kampung Dadong on Sunday. Muhyiddin and Mukhriz were sacked by the Umno supreme council last Friday for indiscipline. Asked whether the sacking would affect members’ support, Ahmad Shabery such a situation was not something new for Umno. “Insya Allah, the party will continue to be strong. Some people thought that Umno would be history after Tun [Dr] Mahathir [Mohamad] quit, but it did not happen. In Kuala Nerus, Terengganu Umno liaison chairman Ahmad Razif Abdul Rahman said the sacking of Muhyiddin and Mukhriz proved that the party did not practise double standards. The Terengganu menteri besar said leaders, whether they are seniors or juniors, would still be penalised if found guilty of violating party rules. In Kota Baru, Umno supreme council member Datuk Dr Mohd Problems should be resolved internally rather than collaborating with the opposition. Puad Zarkashi said Muhyiddin’s decision not to appeal against his sacking from Umno shows that he is no longer interested in staying with the party. “Umno is always open to appeals from members, but Muhyiddin did not take the opportunity to do so. “The question about Muhyiddin not getting any show-cause letter from the supreme council or Umno’s disciplinary board also does not arise as he knew the limitations for its issuance,” Mohd Puad told reporters at a Program Kasih Ramadan organised by the Special Affairs Department here on Sunday night. In Kangar, Perlis Umno said it fully supports the decision by the party’s supreme council to sack Muhyiddin and Mukhriz. State liaison chief Datuk Seri Dr Shahidan Kassim said Perlis Umno was forced to make the decision, “as Muhyiddin and Mukhriz had helped to campaign for the opposition in the Kuala Kangsar and Sungai Besar parliamentary by-elections”. “Umno cannot compromise because former deputy prime minister Muhyiddin and former Kedah menteri besar Mukhriz had breached party discipline,” he told reporters after presenting Aidilfitri contributions to party members in the Kangar, Arau and Padang Besar divisions here last Thursday night. Last Friday, the supreme council also suspended vice president Datuk Seri Apdal Shafie’s membership in the party. — Bernama ‘20% of lowlands may be flooded due to global warming’ MELAKA: Twenty per cent of lowland areas, especially in coastal areas in several states, are expected to flood due to rising sea levels caused by global warming, if not handled properly. Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said studies conducted by the National Hydraulic Research Institute of Malaysia (Nahrim) showed the areas could be flooded by between 1.5ft (46cm) and 3ft. “This catastrophe is expected to occur in the next 100 years with most of the low-lying areas flooded, causing massive destruction with millions of people left homeless. “This rise in sea level is the result of melting ice, which then flows into the sea, causing it to rise,” he told reporters after opening the 16th Melaka International Youth Dialogue here yesterday. There was also a dialogue session entitled “Youth for Environmental Sustainability: Our Future, Our Care”, organised by the World Assembly of Youth (WAY), which was attended by Melaka Chief Minister Datuk Seri Idris Haron, who is also president of WAY. Wan Junaidi said among the states expected to experience this rise in water levels are Kedah, Terengganu, Kelantan and Pahang. He said the government was collecting data and information on the results of the studies by Nahrim on environmental issues, which can cause disasters or catastrophes. — Bernama Sarawak CM welcomes statement on empowerment Kelantan PAS supports decision not to negotiate with DAP KOTA BARU: Kelantan PAS has given full support to its central leadership’s decision not to “sit together” and negotiate with DAP. Its state liaison secretary, Datuk Che Abdullah Mat Nawi, said the party could not trust DAP any more after the latter acted as the “instigator” when PAS had an internal crisis at one point. He said the attitude of DAP leaders, who did not respect and had objected to whatever PAS had been trying to implement, particularly concerning Muslims’ rights, was seen as unreasonable. “We still remember our past pact with DAP. As an ally in Pakatan Rakyat, they should not have become [the] instigator who divided PAS,” he told reporters after the “Makan Colek with the Media” event here on Sunday night. He was responding to a suggestion by PKR deputy president Datuk Seri Mohamed Azmin Ali, who is also Selangor menteri besar, for PAS to return to Pakatan Harapan to face Barisan Nasional in the 14th general election. — Bernama KUCHING: Sarawak Chief Minister Tan Sri Adenan Satem has welcomed the statement by Minister in the Prime Minister’s Department Nancy Shukri on administrative and constitutional empowerment for the state. This is in relation to the state government’s request to the federal government to consider the Cobbold Commission Report and its recommendations, the Inter-Governmental Committee report and its recommendations, and the Malaysia Act and Malaysia Agreement 1963. “This means there is some response from the federal government to our request for talks on these matters. “I welcome the approaches made and the negotiation should start immediately,” Adenan said in his press statement issued here yesterday. He said it would take some time because “the process is complex and long drawn out, but we are beginning to walk the talk now”. — Bernama COMMENT 13 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY End of the British establishment Brexit represents a collective suicide bombing BY PA N KA J MI SHRA L ast week, the global revolt against metropolitan elites achieved a stunning result: Brexit. George Orwell once described England as “a family with the wrong members” — he called them “irresponsible uncles” — in control. In a deeply fractured country, flourishing London was isolated as a majority of voters left behind by globalisation in England and Wales opted to take back that control, just as the catchy slogan of the “Leave” campaign had exhorted. Time alone will tell, as markets crater and the UK reels through panic and fear towards fragmentation, what exactly this wing of the family has seized control of. For now, we should urgently examine the historical role and recent conduct of the peculiar uncles they have spurned. That British leaders have been irresponsible, self-serving and ham-fisted is hardly in doubt. Surrendering to tabloid crusades, British Prime Minister David Cameron made patently false promises about controlling immigration. He then gambled on a referendum of world-shaking consequence in order to silence some pesky dissenters in his own party. Hoping to replace Cameron after Brexit, Boris Johnson rapidly moved from being the pro-European Union mayor of London to fuelling Europhobia. Just a month ago, these politicians were jointly stoking anti-Muslim bigotry in the world’s most multicultural city in an attempt to get a fellow Etonian elected to Johnson’s old job. Together, these schoolboy frenemies have now condemned their country to irreversible decline and isolation while unleashing the demons of racism and chauvinism. Their folly bears a larger significance in our age of anger against self-seeking elites. Today’s much-hated “establishment” in politics, business and media — identified with traits such as self-interest, cleverness, wit and agility in debate — is as much Britain’s special export to the world (British journalist Henry Fairlie actually coined the term), as global capitalism and parliamentary democracy. It seems appropriate today that quintessentially English public schools such as Harrow and Haileybury run branches in Asia’s rising countries, offering to manufacture globally a self-assured and eloquent ruling class. For the original establishment figure was trained on English playing fields Young aristocratic heirs to fortune standing with street boys in London, 1937. Photo by AFP to run a global empire. Abandoning India during its catastrophic partition in 1947 and hastily retreating to their small island, British elites may have come, as Paul Scott wrote in The Raj Quartet, “to the end of themselves as they were.” Certainly, for decades, post-imperial Britain seemed to be slowly shrinking into irrelevance with its self-inflicted economic troubles. But Margaret Thatcher’s radical individualism, based on the curious idea that “there is no such thing as society,” made an improvising ruling class look like ideological innovators. Financial globalisation, accelerating throughout the 1990s, and the advent of Tony Blair’s “Third Way” boosted this myth of Britain’s economic and intellectual resurrection. In one of the most successful branding exercises of our times, dreary old post-imperial Britain mutated into “Cool Britannia,” the leader of a new global culture that daringly mixed creative classes with businessmen, journalists and technocrats in the world’s metropolises. See related stories on Page 14 & 19 In this constellation of British soft power, the Financial Times and the Economist, two London-based periodicals, came to shape opinion among Davos Men globally. It did not seem to matter that the social contract was unravelling in England’s deindustrialised North, or that the region’s inhabitants increasingly felt that there was no such thing as either society or state. Britain’s hubs of global financial and ideological flows — the City, the London School of Economics, Oxford and Cambridge universities — were located within an 80km radius. The world’s densest concentration of oligarchs, as well as a supporting infrastructure to help them spend their money, could be found in a single London borough. Given this proximity, and inbreeding among political, financial and media elites, the now much-derided London “bubble” formed naturally. For many on the European continent, an England in rapid physical and moral decay may have been represented by its xenophobic tabloids and football hooligans — the kind who chanted “We are voting out” the week before Brexit while assaulting French police in Marseilles. To many people around the world, however, Britain was still Winston Churchill, the Beatles, Downton Abbey, Harry Potter, the royal family and London’s smoothtongued PR men. Neocons and liberal hawks in the US counted on the fluent Tony Blair rather than the inarticulate George W Bush to sell the pre-emptive assault on Iraq. Members of the British establishment went on to offer their services as expert imperialists during the country’s occupation, with predictably disastrous results. Since then, the signs of opportunism and recklessness among the self-perpetuating British elite have multiplied. Blair moved from forging democracy in the Middle East to advising African and Asian despots. Impatient to bomb Libya, Cameron was quick, as US President Barack Obama has pointed out, to walk away as the country imploded into jihadism. Brexit represents, on this scale of crime, a collective suicide bombing. This is how the first globalised elites came to the end of themselves as they were, condemning their own country to disintegration and collapse. — Bloomberg View This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. Will America win or lose from Brexit? BY S IMO N J O H N S O N THE British vote to leave the European Union (EU) has shaken world financial markets. The immediate and medium-term prospects for economic growth in the UK are severely diminished, and the impact on the rest of Europe will be negative. Some of the obvious political winners from Brexit are people who do not like Western Europe and what it stands for. Ironically, the US — Europe’s greatest ally and the EU’s largest trading partner — may also end up as a beneficiary, though not if Donald Trump, the presumptive Republican nominee, wins the presidential election in November. The UK has a population of just over 65 million people and what was, at least until last Thursday, the world’s fifth-largest national economy, with annual gross domestic product (GDP) totalling nearly US$3 trillion (RM12.27 trillion). In the context of a US$75 trillion global economy, the UK’s is a relatively small, open one that relies heavily on foreign trade — annual exports are typically in the range of 28% to 30% of economic activity. That is now likely to change. The EU accounts for about half of the UK’s exports, and the prospects for continued full market access are dim. Trade in goods may be affected, but the impact on exports of services — including financial services — will be more severe. In principle, the UK could now negotiate a great deal of market access, but this would almost certainly require accepting rules made in Brussels — which is just what the UK voted against. Growth in the UK will consequently be lower and for a long period of time. The direct impact on the world economy is likely to be limited by the fact that other countries will to some extent gain from the UK’s loss. For example, the UK was until recently one of the top destinations for foreign direct investment, precisely because companies saw it as a good base from which to sell into the rest of Western Europe. The UK’s attractiveness — and the creation of good jobs that resulted from it — will now decline. The big political loser is obviously the EU itself, which, without one-sixth of its current GDP, will fall in the economic rankings from just below the US to around — or some would say below — the level of China (measured using current exchange rates). The precise policy reaction of EU leaders is unclear; but, given the inept way the eurozone crisis has been handled since 2010, a return to more dynamic growth seems unlikely. A weaker Europe is bad for the world — and people like Vladimir Putin who hold democracy in contempt are undoubtedly smiling today. But many authoritarian regimes are funded by the export of natural resources. Slower global growth and consequently lower oil prices are not good for countries such as Putin’s Russia and Iran. And China remains an economy where growth is very much based on the export of manufactured goods to richer countries, so a slowdown in the UK and the EU does not favour the Chinese, either. In geopolitical and economic terms, the US is potentially the biggest winner from the disintegration of the EU. The US rose to global predominance as Europeans fought one another and their empires declined. The post-1945 US role was challenged first by the Soviet Union, which, for a time, posed a real technological challenge. Today, Russia has a small — and shrinking — economy and a population in decline. Next up was 1980s Japan, with its innovative management practices and well-run companies. Japan is much richer than Russia today, but it, too, remains mired in economic malaise and may be trapped in a perpetual downward demographic spiral. Leaders of the EU have, in recent times, seen themselves as a rival to the US on the global stage. The question now is which parts of Europe will stick together and on what basis. Prosperity is based on people and ideas. Who can attract the most talented people, educate them and their children, and give as many individuals as possible the opportunity to work productively? The US has some serious problems, but absorbing immigrants and encouraging creativity have been among its main strengths for more than 200 years. The UK has also been a relatively open society in recent decades, and many of its younger people would like that to continue. But older people, living outside large urban areas, have voted instead to build barriers and — to a significant extent — attempt to close off the country from the rest of the world. The politics of the US presidential election are obviously quite different from those of the UK’s Brexit debate. But Trump is offering a strikingly similar vision to that of Nigel Farage, head of the UK Independence Party — and last Friday both of them seemed equally delighted with the outcome of the referendum. The choice that Americans will make in November now comes into clearer focus. Will voters heed the siren song of Trump — and do great damage to the US economy and to the world by embracing a self-destructive effort to wall themselves off from the world? Or will they choose prosperity and a leading global role? — Project Syndicate Simon Johnson is a professor at MIT’s Sloan School of Management and the co-author of White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You. 14 W O R L D B U S I N E S S How Europe can contain damage from Brexit BY N EI L U N MACK LONDON: Europe can contain the damage from the UK’s vote to leave. The key is to avoid copycat referendums, which have been threatened by politicians in the Netherlands, France and Italy. One way is to doggedly insist that free movement and free trade are inseparable. The other is to flex that ideal. Doing so could neutralise populism and might avoid a break-up of the eurozone. Donald Tusk, president of the European Council, has already spoken of the bloc as having 27 members, not 28. How long will that last? Bond investors are already driving up yields in southern Europe, suggesting they see increased risk in countries like Italy and Spain. There is another path, though. That’s to refine the idea of free movement of people. One option is tough love. The UK Brexit camp has promised voters what it cannot deliver: free trade, and an end to immigration. By sticking to its principles and offering the UK only politically unpalatable deals, the European Union would show that loose talk does not deliver results. It could then focus on stimulating growth. The eurozone’s fiscal rules need to be redrawn to enable governments to invest. Over-indebted countries need to restructure their borrowings. The eurozone’s unfinished banking union needs completing with a real deposit guarantee scheme. There is another path, though. That’s to refine the idea of free movement of people. That would be a big step for Europe, as common trade requires some degree of free movement to help economies adjust, particularly in a single-currency zone. Yet the issue, if left unaddressed, could become a lightning rod for further debates. Just suggesting that the topic could be open to discussion in the coming months or years might knock the wind out of populists who argue that the EU has become unfeeling and inflexible. It might even be enough to save the relationship with Britain. Outgoing British premier David Cameron has said that it will be for his successor to start the official exit process, which potentially leaves three months or more for tempers to cool. A new leader of the UK might just rethink leaving if Europe is prepared to rethink its most treasured principle. — Reuters T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY Osborne seeks to calm markets Insists Britain will not be rushed into a break-up BY JAMES PHEBY LONDON: Britain’s finance minister yesterday sought to calm markets after the country’s shock vote to leave the EU, and insisted it would be not rushed into a break-up despite pressure from EU leaders. George Osborne said Britain’s economy was “as strong as could be” to deal with the fallout of last Thursday’s momentous Brexit vote, which has already claimed the scalp of Prime Minister David Cameron and fuelled fears of a break-up of the UK. “Today I want to reassure the British people, and the global community, that Britain is ready to confront what the future holds for us from a position of strength,” he said, minutes before the opening of European stock markets. Despite the reassurances, London’s FTSE 100 stock index dropped another 0.8% at the opening after plunging last Friday, while the markets in Paris and Frankfurt opened up slightly. Osborne’s announcement temporarily halted the fall of sterling against the dollar after it lost 2% in Asia. US Secretary of State John Kerry was due in London later in the day after a stop-off in Brussels, while the leaders of Germany, France and Italy will meet in Berlin to tackle the crisis. Three days after Cameron announced his resignation, opposition Labour leader Jeremy Corbyn is also facing pressure to stand down, with a string of his top team resigning on Sunday. Osborne stressed that Britain would not be rushed into activating Article 50 of the 2007 Lisbon Treaty, which will set the clock ticking on a two-year period to negotiate its divorce from the EU. “Only the UK can trigger Article 50, and in my judgement we should only do that when there is a clear view about what new arrangement we are seeking with our European neighbours,” he said. EU powers have called for a swift divorce amid fears of a domino effect of exit votes in eurosceptic member states that could imperil the integrity of the 28-nation alliance. But Cameron has said negotiations on Britain’s departure must wait until a successor is chosen from his Conservative party, which could be as late as October. European Parliament chief Martin Schulz warned on Sunday that a period of limbo would “lead to even more insecurity” and said a summit of EU leaders today, which Cameron will attend, was the “right time” to begin exit proceedings. But EU diplomats said on Sunday that Britain “may never” trigger Article 50. — AFP IN BRIEF Nissan says taking S Korea to court over emission claims TOKYO: Japanese automaker Nissan said yesterday it is taking South Korea to court in response to Seoul’s claims that it manipulated emission data on a popular sports utility vehicle, the Qashqai model. Nissan noted that it has invested heavily in green car technology — particularly electric vehicles — and would continue to “strongly deny” South Korea’s claims. Nissan paid a 330 million won (RM1.15 million) fine ordered by South Korea’s environment ministry (MoE) but said it was going to court to try to get the decision overturned. “Although we paid the fine ordered by the MoE, we have filed an administrative appeal against the MoE’s actions,” — AFP Starbucks to debut small-lot Indian coffee in US this year LOS ANGELES/NEW YORK: Starbucks Corp for the first time will sell single-origin, premium coffee from India in the US as part of its effort to support coffee production in the country better known for its tea. Starbucks for a limited time later this year will sell a small-lot arabica coffee from the Tata Nullore Estates in India’s Coorg coffee-growing area. The coffee will be roasted and sold at Starbucks’ Reserve Roastery and Tasting Room in Seattle. Dohn Culver, group president for Starbucks Coffee China/ Asia Pacific, told Reuters that the aim is for this to be the “first step in what we hope will be many reserve coffees coming out of India.” — Reuters Goldman sees post-Brexit UK recession NEW PARTNERSHIP ... Senior personnel from Vietjet Air and Panasonic Vietnam commemorating a newly established partnership with a ceremony at the Tan Son Nhat Airport, Ho Chi Minh City, recently. On an ongoing mission to deliver an unrivalled flying experience of the highest quality to its guests, Vietjet has teamed up with Panasonic Vietnam to improve its services and offering. The airline recently rolled out its ‘Let’s welcome your future with SKY’ initiative to commemorate its newly commissioned aircraft, fitted with modern luxuries and a fresh coat of paint featuring Panasonic’s SKY Series air conditioner, delivering a refreshing experience to reward passengers. Jim Rogers picks USD over gold as haven BY JASMINE NG SINGAPORE: While analysts and traders from New York to London bet that gold will go higher, veteran investor Jim Rogers would rather seek haven in the US dollar as the UK’s vote to leave the European Union roils global markets. Prices of bullion are due for a drop and will probably be lower at the end of the year versus current levels, Rogers said in a phone interview yesterday, adding that he would buy the metal again once it declines enough. That view is at odds with the median of 12 forecasts in a Bloomberg survey that predicts a gain of more than 7% for gold from where it’s trading now. Gold is being boosted by its role as a refuge, with prices last Friday posting the biggest increase of any major global asset as the world grappled with the economic impact of the UK’s exit from the EU. The rally added to what’s already been a stellar 2016 for bullion, with prices up 25% after three years of losses. Hedge funds have boosted their bets on gains in the metal to an all-time high. This enthusiasm is what is making Rogers wary. “Gold has been staggering this year, went straight up, and I don’t like to buy anything that’s run straight up,” Rogers said. “I would prefer to buy the dollar as a haven than gold.” Bullion for immediate delivery rose 0.9% to US$1,327.62 (RM5,429.97) at 7.20am yesterday in London, according to Bloomberg generic pricing. The metal advanced to US$1,358.54 last Friday, the highest level since March 2014, and the 8.1% gain was the biggest jump since September 2008. Prices could reach as high as US$1,424 by the end of the year, according to the Bloomberg survey. Rather than selling his gold, Rogers said he would take some some short positions as a hedge against his holdings. “I own plenty of gold, I assure you,” he said, adding that he’s “extremely optimistic” about agricultural commodities. — Bloomberg NEW YORK: Britain is likely to enter a recession within the year as a result of last week’s vote to leave the EU, a decision that will stunt global economic growth as well, Goldman Sachs’ top economists said on Sunday. “We now expect the [British] economy to enter a mild recession by early 2017,” Goldman economist Jan Hatzius and Sven Jari Stehn wrote in a note. They expect the “leave” outcome to chop a cumulative 2.75% off UK gross domestic product in the next 18 months. — Reuters ‘Soros didn’t bet against pound before EU vote’ LONDON: George Soros, the billionaire who earned fame by betting against the pound in 1992, did not speculate against sterling just ahead of Britain’s vote to leave the EU but he did profit from other bearish bets due to the Brexit result, a spokesman said. “George Soros did not speculate against sterling while he was arguing for Britain to remain in the European Union,” the spokesman for Soros said yesterday. “In fact, he was long the British pound leading up to the vote.” — Reuters W O R L D B U S I N E S S 15 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY ‘Line IPO range announcement delayed until today’ China credit ratings hold back billions BY CHRIS GALLAGHER, CHANG-RAN KIM & THOMAS WILSON Government rarely allows companies to default on their obligations BY MI C H EL L E C H EN HONG KONG: China has opened its corporate bond market to foreign investors, but billions of dollars in potential inflows are being held back because they are wary of the credit ratings applied by domestic credit ratings agencies. About 80% of Chinese companies are rated “AA”, the third-highest rating, or above, by domestic ratings agencies, largely because historically the government has rarely allowed a company to de- fault on its obligations. International ratings agencies only assess a few Chinese bonds, but where they do, the ratings compared with domestic agencies vary sharply — another reason foreign investors are wary of committing money to the market. “We definitely will not adopt China domestic ratings, which can not differentiate good companies from bad ones. We still need to rely on international ratings and our internal analysis when entering [the] onshore market,” said Penny Chen, a fixed-income fund manager at Manulife Asset Management in Taiwan. At the end of May, China’s central bank announced operational details to open up the US$6 trillion (RM24.54 trillion) interbank bond market to foreign investors at a time when China is trying to deter capital flight following last year’s stock market crash. Foreign investors hold about 17 billion yuan (RM10.49 billion) in Chinese corporate debt in the interbank market. But they hold about 620 billion yuan, or 2%, of the overall Chinese debt market, mostly in government bonds or policy bank bonds. By comparison, foreign investors own about 6.5% of South Korea’s debt and 4.5% of India’s debt. “We are very cautious about China corporate bonds as most of them do not have an international rating, and [we] would prefer not to touch it unless we have to,” said a fund manager in Hong Kong who invests in China’s government bonds. — Reuters Tsinghua to spend US$7.5b on R&D BY EL I A S GL EN N TIANJIN (China): State-backed Chinese technology group Tsinghua Holdings plans to spend US$7.5 billion on research and development (R&D) over the next fi ve years, accelerating China’s drive to build a high-value semiconductor industry to challenge global chipmaking rivals. As the firm that controls acquisitive chip supplier Tsinghua Unigroup outlined the target, its chairman, Xu Jinghong, also said China had been too slow to reform its economy, and must move faster to promote high-margin tech operations rather than cheap manufacturing. In the chip development drive — a strategic priority for Beijing — Tsinghua Unigroup aims to become the world’s No 3 chipmaker after Intel Corp and ment that is less friendly towards Samsung Electronics Co. The firm China. h a s p ro p o s e d Speaking to Reuters on the sidebuying stakes lines of a World Economic Forum worth neargathering in Tianjin on Sunday, ly US$1 bilXu said the pace of progress lion in two in China in broad economic Taiwanese terms was too slow. The old chip firms investment-led growth model — deals produces diminishing returns now under and ever-larger amounts of review by a debt, Xu said. new Taipei “This is a key time for China’s governeconomy. We must restructure, but it will be very painful. Industries facing overproduction must be restructured, while new industries need support,” Xu said. Controlled by Tsinghua University in Beijing, Tsinghua says it operates on market principles, but is still a state-owned behemoth: Revenue topped 70 billion yuan last year. As well as pledging 50 billion yuan in R&D spending over the next five years, Tsinghua will set up a 10 billion yuan fund to support commercialisation of new technology. — Reuters Xu: Industries facing overproduction must be restructured, while new industries need support. Photo by Reuters TOKYO: Japanese messaging application firm Line Corp has delayed setting a tentative price range for its initial public offering (IPO) by one day, until today, the company said in a regulatory filing, citing the “market environment”. The IPO price range was originally scheduled to be announced yesterday. Line still plans to list in New York on July 14 and in Tokyo the following day, the filing showed. Last Friday, the S&P 500 Index fell 3.6%, its biggest one-day drop in 10 months, and Japan’s broad Topix index slid 7% after Britain voted to exit the European Union. The equity market in Japan recovered somewhat yesterday as the Topix closed up 1.8%, but the delay will allow the company to assess the market in New York and London yesterday before setting the tentative price range, a Line spokesman told Reuters. Earlier this month, the company announced plans to sell 35 million new shares in an IPO, which would raise ¥98 billion (RM3.93 billion) at its initial reference price of ¥2,800 per share. Line’s listing will go ahead according to its planned schedule, the company said last Friday. Companies around the world are wrestling with the aftermath of the Brexit vote, which is likely to delay or disrupt upcoming takeovers and initial public offerings. Companies with direct exposure to the British economy are more likely to see their deals scuppered compared with those who are just caught up in global market volatility. Line has delayed its IPO by two years, buying time to fix weaknesses in weak financial reporting controls, bolster staffing and develop its business plan. But in doing so, it left billions of dollars on the table as its valuation shrivelled. — Reuters on web + mobile One-on n-on ne interview with success sful u entrepreneurs, senior executive ves and analysts. Uploaded on Tuesday and Thurs sday @ 12.30pm Anytime, anywhere on www.theedgemarkets.com 16 FO CU S T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY BMW has pulled out all the stops to keep its flagship 750Li at the sharp end of the luxury market. T UE L K FO ury ann sol con 30ma cou JD tim no lem car im veh stu BMW’s flagship 7 Series is sheer magic The range-topping 750Li has new tricks up its sleeve and is far beyond good BY D ERRY N WONG S ci-fi author Arthur C Clarke famously coined three adages, which became known as Clarke’s Laws. The third “law” is probably the most applicable to our age: Any technology, sufficiently advanced, is indistinguishable from magic. With that in mind, the top dog of BMW’s most expensive and luxurious model range, the flagship 7 Series limousine, could certainly be conceived as nearly magical. Launched in Singapore late last year, the base 740Li model introduced advanced features such as hybrid carbon-fibre/metal construction in its body, plus gesture control, where front occupants can twiddle their fingers to adjust the radio without a touch. Like its rivals, the Audi A8 and MercedesBenz S-Class, the 7 Series is a tech powerhouse. But the latest model, the range-topping 750Li, has even more tricks up its sleeve. What sorcery is this? Big limos like this are never easy to park, while getting out of the car in a tight lot is yet another challenge. That’s what BMW’s optional remote control parking system is for. Using the smartphone-like key, you can stand outside the car and let it reverse in or emerge from a parking space automatically. In the interests of safety, the process is engaged by holding down a physical button on the key controller and then dragging an icon on the display. To cease movement, you release the button. If the car detects anything — including pedestrians — in its way, it stops automatically. There’s lots of tech trickery to engage with inside the car, too. Like many top-notch limos, there’s a rear-seat entertainment system with two screens that can display individual content. Infotainment, climate and BMW 750Li Ki lu Ph Engine: 4,395cc, V8, twin-turbo, 450hp, 650Nm Performance: 250kph, 0-100kph: 4.7s, 8.0L/100km, 187g/km CO2 Price: S$583,800 (RM1.76 million) with CoE comfort functions like window blinds are all controlled with a Samsung tablet that has its own dedicated dock. If that’s not enough, the 750 is also equipped with something similar to movie megalomaniac Dr Evil’s dream of having a shark with a laser beam attached to its head. The car’s long, lithe lines and aerodynamic tweaks mean a low coefficient of drag (Cd) (0.24Cd versus 0.30Cd for most cars) so it slips through the air easier at high speeds — just like a shark in water. And yes it does shoot laser beams, albeit from the headlamps. BMW’s laser light system is the first standard system of its kind in Singapore, and is the next big thing in lighting technology after light-emitting diodes (LEDs). Laser headlights sound gimmicky at first, but you only need to experience driving with them once at night to be convinced. The main and high beams are still LEDs, with the laser high beams taking over at speeds above 60kph. BMW said they’re effective out to 600m, and it sounds about right. The lights illuminate huge swathes of road, while also using camera technology to avoid blinding other drivers, and almost turn night into clear, blue-tinged day. Admittedly, it’s less useful on Singapore’s brightly lit roads, but would be excellent for night-time drives on the North-South Expressway in Malaysia. H HE edi (32 to j com low ies bu cid ica There’s lots of tech trickery to engage with inside the car. Wide roads and long distances happen rizons, while the suspension and handling to be the 750Li’s forte: It has a twin-turbo never feel out of depth, no matter the road 4.4-litre V8 engine instead of the 740Li’s tur- conditions or pace. bocharged 3.0-litre inline six-cylinder unit. The rear seats are where the fun’s at, with additional comfort features delivering busiMagic carpet ride ness-class travel on the highway. All this emphasis on tech almost draws away Is there a dark side to all that sparkle and from the car’s fundamental nature: the ability magic? A list price of S$583,800 (RM1.76 milto traverse vast distances quickly in a very lion) with certificate of entitlement (CoE) is driver-gratifiying way. hardly surprising, since technological fairy It handles and accelerates the way you’d dust doesn’t come cheap. Any non-exotic expect a car with 450bhp (brake horsepow- car with a price tag like that had better be er), four-wheel steering and air suspension far beyond good. Luckily for the 750Li, it is. to. The engine makes short work of long ho- — TODAYonline.com nes or ere no (br Mu ces on 10. the wit per mu ilybor 25 eith ing oad with usi- nd mil) is iry otic be t is. FO CU S 17 T U E SDAY J U N E 28 , 20 16 • T HEED G E FINA NCIA L DA ILY Luxury cars take back seat to Kia in JD Power quality study FOR the first time in 27 years, a non-luxury brand, Kia Motors, scored tops in the annual initial quality study of new vehicles sold in the US by JD Power, the business consultancy said. For only the second time in the study’s 30-year history, American brands got better marks collectively than their non-domestic counterparts. And in another surprising result, the 2016 JD Power study showed that for the first time in a decade, owners of vehicles from non-premium brands reported fewer problems than those who own the more expensive cars, sport utility vehicles and pickup trucks. “Expected reliability remains the most important consideration purchasing a new vehicle,” said JD Power. Kia was first among 33 car brands in the study, moving up from second place a year ago. Porsche, a sports luxury brand owned by Volkswagen AG, was second after finishing first a year earlier. At the bottom was Daimler AG’s Smart minicars, which scored well below next-tolast Fiat, and third-to-last Volvo. JD Power received more than 80,000 surveys from owners of 2016 model year new vehicles in the first 90 days of ownership. In a 233-question survey, the owners reported problems encountered with their purchases. Rounding out the top 10 highest-ranked vehicle brands, in order, were Hyundai Motor Co, Toyota Motor Corp, BMW, General Motors Co’s biggest brand Chevrolet, and three in a tie, GM’s Buick, Toyota’s Lexus, and Ford Motor Co’s Lincoln luxury brand. Fiat Chrysler Automobiles’ brands Jeep and Chrysler were the most improved in the study, JD Power said. — Reuters The one-off Vantage GT12 Roadster was unveiled last Friday at Goodwood in Britain. Photo by Today Aston Martin unveils one-off Vantage GT12 Roadster BY S COTT M ARS H Kia Motors’ new K7 was unveiled in Seoul, South Korea on Jan 26. For the first time in 27 years, a nonluxury brand scored tops in the annual initial quality study of new vehicles sold in the US by JD Power. Photo by Reuters WHAT do you do if a limited production run of 100 hard-top coupes is still not exclusive enough for you? You could decide to lop the top of yours to really set you apart from the supercar-driving crowd. One owner of a GT12 Vantage — of which only 100 were built — approached Q by Aston Martin, which provides customers bespoke versions of the manufacturer’s already exclusive cars, to do just that. The result is the one-off Vantage GT12 Roadster, which was unveiled last Friday at Goodwood in Britain. It converts the original Vantage GT12 Coupe into a convertible, all the better to enjoy the sound of the car’s 590bhp (brake horsepower), six-litre V12 engine. Q by Aston initially offered bespoke paint and trim options, but now incorpo- The interior of the Aston Martin one-off Vantage GT12 Roadster. rates Aston Martin Advanced Operations, the team responsible for the original Vantage GT12 Coupe to enable low-volume projects like the car you see here. — TODAYonline.com Hennessey’s 25th anniversary Mustang is a limited edition of 25 HENNESSEY Performance’s latest special edition modified Mustang offers a 200mph+ (322kph+) top speed and will be limited to just 25 examples, one for every year the company has been supercharging engines, lowering suspension and recasting car bodies in drag reducing carbon fibre. To mark 25 rubber-shredding years in business, Hennessey Performance has decided to do what it does best: take an American muscle car and pump it full of steroids. The result, the 25th Anniversary Hennessey Mustang, can be specified in coupé or convertible form, but regardless of preference for wind-in-the-hair motoring or not, the car will deliver a staggering 804bhp (brake horsepower). The car, based on a GT-specification Ford Mustang, also promises a top speed in excess of 200mph, a 0-100kph time of 3.1 seconds and a standing quarter-mile time of 10.7 seconds (managing to hit 133mph in the process). As with all Hennessey creations, the aim with this car is to deliver reliable supercar performance in a vehicular package that’s much more comfortable, practical and family-friendly than the latest Ferrari or Lamborghini. And as production will be limited to just 25 examples, it will also be much rarer than either. The 25th Anniversary Edition HPE800 Ford Mustang. The standard Mustang GT is no slouch, thanks to its five-litre V8, but to push things onto another level, Hennessey has added a 2.9-litre supercharger and tweaked the engine sufficiently to cope with these extra induction demands. There are new fuel injectors, a new fuel pump, upgraded gaskets and fluids, revised exhaust, better air management and a host of exterior changes, such as front splitter spoiler, side skirts and a new rear lip spoiler, all made from carbon fibre and all added to keep the car running straight and true. If things do get a little bit too tail-out, there are huge Brembo brakes to bring things back under control quickly. The car will ship with 25th anniversary graphics and exterior badging, embroidered headrests, and each model will carry a plaque displaying its build number. — AFP 18 WORLD T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY Johnson says no rush to pull Britain out of EU Seeks to reassure all with a message of continuity LONDON: Top Brexit campaigner Boris Johnson said there is no need to rush pulling Britain out of the European Union (EU), as he seeks to reassure Britons abroad and EU citizens in Britain with a message of continuity yesterday. Johnson also urged Brexit backers to “build bridges” with those who voted for Britain to stay in the EU after last Thursday’s bitterly divisive referendum and played down the prospects of Scottish independence. “The only change — and it will not come in any great rush — is that the UK will extricate itself from the EU’s extraordinary and opaque system of legislation,” Johnson wrote in his column for the Daily Telegraph. “EU citizens living in this country will have their rights fully protected, and the same goes for British citizens living in the EU,” wrote Johnson, the former mayor of London and a favourite to succeed the outgoing Conservative Prime Minister David Cameron. “British people will still be able to go and work in the EU; to live; to travel; to study; to buy homes and settle down,” he said. Britons voted by 52% to 48% in favour of leaving the EU in a vote that sent shock waves through the financial markets, toppled Cameron and put world leaders in crisis mode. But Johnson said Britain would retain close ties with Europe despite warnings during the campaign from those who wanted Britain to stay in the EU. “There will still be intense and intensifying European cooperation and partnership in a huge number of fields: the arts, the sciences, the universities, and on improving the environment,” he said. “They are our neighbours, brothers and sisters, who did what they passionately believe was right.” “We must reach out, we must heal, we must build bridges — because it is clear that some have feelings of dismay, and of loss and confusion,” he wrote. — AFP Socialists refuse to back conservatives after Spain polls MADRID: Spain’s Socialists said yesterday they would not back a government led by Mariano Rajoy, in the first sign that the incumbent prime minister may have a tough time forming a coalition after yet more inconclusive elections. Rajoy’s conservative Popular Party (PP) was the big winner of Sunday’s elections, the second in six months, which played out against a background of turbulence from Britain’s shock vote to leave the European Union. Shares in Spain’s main Ibex 35 rose more than 3% in the morning to 8,023.70 before going back down again as traders celebrated the conservative election win. The PP won 137 seats in the 350-strong lower house of parliament, beating expectations and its previous score in December polls, but still leaving it far short of a majority, which means Rajoy needs support from other parties to form a government — no easy task. “We won’t support Rajoy,” said Cesar Luena, number two of the Socialist party. Rajoy will need to seek the outright or tacit support of other parties to get a coalition or minority government through. It could team up with market-friendly upstart Ciudadanos, its natural ally, but their combined total number of seats will still not be enough to form a majority centre-right government and push it through the necessary vote of confidence. So they may need to court smaller regional parties or the Socialists, which came second in Sunday’s elections with 85 seats, its worst score in modern history. — AFP IN BRIEF Eight children injured in Scotland roller-coaster crash LONDON: Ten people, including eight children, were injured on Sunday when a roller coaster crashed at a theme park in Scotland, police and media reports said. Images posted on social media showed a mangled carriage and a number of people trapped upside down in their seats in the Tsunami ride at M&D’s amusement park near Glasgow. The ride had been full when it derailed, according to eyewitnesses at the park, which was evacuated after the accident, according to its website. “It’s like something out a horror film, children crying and everything,” Katie Burns, who had just ridden the roller coaster and was walking past it when the crash occurred, wrote on Facebook. Lanarkshire police initially said two adults and nine children had been injured, but later revised the number of children hurt to eight. — AFP ‘Britain may never trigger EU divorce’ BRUSSELS: Britain “may never” trigger the formal divorce process with the European Union (EU) despite last week’s referendum in which the country voted to leave, EU diplomats said on Sunday. “My personal belief is they will never notify” the EU about its intention to leave, a senior EU diplomat said on condition of anonymity. A state leaving the EU must formally notify the European Council of all 28 EU leaders under Article 50 of the 2007 Lisbon Treaty, setting the clock ticking on a two-year period for Britain to negotiate its divorce. “We want London to trigger Article 50 now to have clarity. I expect for them to take their time,” the diplomat added. — AFP CANAL EXPANSION OPENS ... Fireworks being displayed as a China Cosco container vessel arrived at Cocoli locks after crossing the Panama Canal to the Pacific side, during its first ceremonial transit of the new Panama Canal expansion project in Cocoli on the outskirts of Panama City, Panama on Sunday. Panama opened the long-delayed US$5.4 billion (RM22.09 billion) expansion of its shipping canal amid cheering crowds on Sunday, despite looming economic uncertainty in the shipping industry and a heated battle over billions in cost overruns. Photo by Reuters ‘Paris, Berlin in full agreement on how to proceed on Brexit’ PARIS: French President Francois Hollande and German Chancellor Angela Merkel on Sunday confirmed that they were in “full agreement on how to handle the situation” created by Britain’s seismic vote to quit the European Union (EU), French presidency sources said after a phone call between the two leaders. Both heads of state, who held further talks in Berlin yesterday, “want the greatest clarity to avoid any uncertainty” after last Thursday’s Brexit referendum sent shock waves across the continent, a source close to Hollande said. They also “stressed the need for European initiatives and the need to act quickly on concrete priorities”, the source told AFP. Britain’s momentous decision to become the first member state to leave the 28-member EU has plunged the bloc into uncharted waters, sparking widespread concern and triggering losses of over US$2 trillion (RM8.18 trillion) in global stock markets last Friday. European leaders will embark on a flurry of diplomatic activity this week to plan the way forward, with some pushing for a quickie divorce amid fears that Britain’s vote to leave will create a domino effect in eurosceptic member states. Hollande held talks with EU President Donald Tusk in Paris yesterday morning, before heading to Berlin for a meeting with Merkel and Italian Prime Minister Matteo Renzi. Leaders begin a crunch two-day summit in Brussels today, when British Prime Minister David Cameron is expected to face huge pressure to immediately trigger the twoyear process to exit the EU. — AFP Two killed, 70 wounded in Madagascar blast ANTANANARIVO (Madagascar): At least two people were killed and some 70 wounded in a grenade blast at a stadium in Madagascar’s capital on Sunday, during celebrations marking the country’s independence day, the gendarmerie said. “The explosion was caused by a grenade,” general Anthony Rakotoarison, head of security and intelligence with the national gendarmerie, told AFP by phone. “We consider this a terrorist act,” he said, but added that the motive was as yet unclear. — AFP Clinton swipes at Trump over Brexit WASHINGTON: Democrat Hillary Clinton on Sunday took a swipe at Republican rival Donald Trump’s stance on Brexit, saying that “bombastic comments” do more harm than good during such times. Trump has hailed Britain’s vote to leave the European Union as “fantastic”, telling reporters during a visit to Scotland last Friday that he thinks Brexit is “a great thing”. — AFP W O R L D 19 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY 10 wounded in California stabbing at neo-Nazi rally Staged by white supremacist, anti-immigration group called Traditionalist Worker Party SAN FRANCISCO: Ten people were wounded after a stabbing spree broke out during a neo-Nazi rally on Sunday at California’s state capitol building, officials said. The white supremacist rally was met by counter-protesters, Sacramento Fire Department spokesman Chris Harvey told AFP. One female and nine male patients had “multiple stab and laceration wounds”, the fire department said on Twitter. It was unclear to which group the wounded, who ranged in age from 19 to 58, belonged. Of those injured, at least two were in critical condition, Harvey said. The stabbing spree broke out when some 25 neo-Nazis, who had permission to protest on the capitol’s west steps, clashed with more than 150 anarchists and “anti-fascist” Duterte says wants death penalty for retribution MANILA: Incoming Philippine president Rodrigo Duterte yesterday hit out at “stupid” human rights campaigners, as he defended his imminent war on crime and emphasised the death penalty was for retribution. Duterte gave a lengthy speech in his southern hometown of Davao to outline his vision for the nation once he takes office on Thursday, with a heavy focus on his controversial plans to fight crime. “ These human rights [groups], congressmen, how stupid you are,” Duterte said, as he highlighted their criticism of his plans to impose late-night curfews on children being out on the streets and to reintroduce the death penalty. “I believe in retribution. Why? You should pay. When you kill someone, rape, you should die,” he said. Duterte has been accused of links to vigilante death squads during his nearly two decades as mayor of Davao, which rights groups say have killed more than 1,000 people. “When they describe or characterise a human rights violator, these fools make it appear that the people you kill are saints, as if they are pitiful or innocent,” he said. The UN’s human rights chief, Zeid Ra’ad Al Hussein, this month urged Duterte not to reintroduce the death penalty, while criticising other elements of the planned war on crime. — AFP counter-protesters, the Sacramento Bee newspaper reported. Videos and photos posted online showed the crowd grow violent, with some members swinging what appeared to be wood clubs, while others hurled rocks. The event was staged by a white supremacist, anti-immigration group called the Traditionalist Worker Party. A sister organization, the Golden State Skinheads, said online ahead of the rally that members would “stand our ground if forced to that point.” After the protest Traditionalist Worker Party leader Matthew Heimbach said in a statement broadcast by CNN that “the anti-fascists used knives, bottles, bricks and chunks of concrete they broke off a construction site”. — AFP Sacramento police officers gathering after multiple people were wounded during the rally on Sunday at the state capitol in Sacramento, California, in the US. Photo by Reuters and melted after the fire was extinguished. “After reaching Changi Airport, as the plane was landing, the engine burst into flames!!!! Huge fire was burning!” Facebook user Lee Bee Yee said in a post accompanying the video clip. SIA said flight SQ368, powered by a GE Aviation engine, was en route from Singapore to Milan when an engine oil warning message forced it to turn back to the city state about one hour and 45 minutes into the flight. “The aircraft’s right engine caught fire after the aircraft touched down at Changi Airport at around 6:50am,” it said. “Passengers disembarked through stairs and were transported to the terminal building by bus.” The airline said it would “be cooperating fully with the authorities in their investigations”. Passengers were transferred to another flight that left for Milan at 10.30am Singapore time, a spokesman told AFP. Singapore Prime Minister Lee Hsien Loong put up a Facebook post thanking Changi Airport and SIA for their quick response. “Relieved that all onboard were safely disembarked ... SQ (SIA) and CAAS (Civil Aviation Authority of Singapore) are investigating the cause, and will get to the bottom of the matter,” he wrote. — AFP ‘Regretting motherhood’ debate in Germany BY CORALIE FE BV RE BERLIN: Is it possible to regret becoming a mother? The question first posed by an Israeli researcher has stirred a debate in Germany like in no other country, shattering a long-held taboo. “In Israel, it was settled in a week. In Germany, it has lasted for months,” said sociologist Orna Donath, whose study Regretting Motherhood was published in 2015. Tired of hearing that she “would regret” not having a child, the researcher collected testimonies from 23 women who, on the contrary, love their own kids but would, truth be told, prefer not to have had them. The book taps into a usually Foreigners kidnapped in Nigeria released — company PORT HARCOURT (Nigeria): Five foreign construction workers kidnapped last week with two Nigerian colleagues after their vehicle was attacked and driver killed have been released, officials said yesterday, with two suffering serious injuries. The commissioner of police in Cross River state, Jimoh Ozi-Obeh, told reporters that the men — three Australians, a New Zealander and a South African — had been set free, without giving further details. They were working for Australian mining and engineering company Macmahon, which has been contracted to cement major LafargeHolcim in the state. — AFP Islamist group Ansar Dine threatens France, UN in new video Singapore Airlines plane catches fire in emergency landing SINGAPORE: Flames engulfed the wing of a Singapore Airlines (SIA) plane after it made an emergency landing at the city’s main airport yesterday, with dramatic footage showing plumes of black smoke billowing from the aircraft. The carrier said the Boeing 777-300ER en route for Milan turned back about two hours into the flight from Changi Airport following an engine oil warning message. The blaze was put out by airport emergency services and there were no injuries to the 222 passengers and 19 crew on board, SIA said in a statement. The wing was left blackened IN BRIEF unspoken maternal ambivalence that may be far more common than previously acknowledged in many places, including Germany, whose fertility rate is less than half that of Israel’s. “More than a third of women with a university education remain childless here, a situation that is unique in Europe,” said scholar Barbara Vinken, who published an analysis on the “myth of the German mother” in 2001. The notion that children’s well-being depends on their mothers and not on the society around them or their fathers, is deeply entrenched in Germany and creates real obstacles to women’s careers. A mother who returns to the office without taking maternity leave for a year — or often three — opens herself up to being branded a “Rabenmutter” (raven mother) — women who dump their kids in childcare so they can pursue their personal goals. The political discourse has evolved since Angela Merkel took power a decade ago, ushering in new policies targeting the low birth rate, including expanding nursery spots and creating incentives for fathers to take parental leave. But cultural change has been slower in coming, with the top-selling Bild daily railing as recently as last summer against women who “pursue careers, wear trouser suits, drink smoothies and work out”. — AFP DAKAR (Senegal): The head of Islamist group Ansar Dine, Iyad Ag Ghaly, has released his first video in 22 months, reiterating threats against France and the UN’s peacekeeping mission in Mali. In the footage given to AFP at the weekend, Ag Ghaly singles out a violent protest in Kidal in northeastern Mali in April against French forces and the 12,000-strong peacekeeping mission, known as Minusma, as an example of ways to confront “the crusaders’ military machine”. Following rumours over recent months circulating in local media, Ag Ghaly appeared because “he wants to show that he is still alive”, a jihad group specialist told AFP. — AFP Tunisia commemorates victims of beach massacre PORT EL KANTAOUI (Tunisia): Tunisia held a minute’s silence on Sunday marking one year since a seaside attack claimed by the Islamic State group that killed 38 tourists including 30 Britons in the North African country. Tunisia’s Tourism Minister Selma Elloumi Rekik and British foreign office official Tobias Ellwood laid down flowers to remember the victims of the shooting in the town of Port El Kantaoui, south of the capital. Hotel employees as well as diplomats from Germany, Portugal, Ireland, Belgium and Russia — whose countries also lost victims in the attack — also attended the ceremony. — AFP Egypt cancels high school exam amid leaks CAIRO: Egypt cancelled a high school final exam on Sunday after papers for it were leaked online, the education ministry said, in the latest such incident this month. The exam in applied mathematics would instead be held on Saturday, it said, and other tests in geology, history, and pure mathematics were rescheduled. The prosecutor’s office said on Sunday that the state security prosecution would handle the issue as it affected “the state’s highest interests”. — AFP 20 FO CU S T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY Zabrockis targets SEA users at bottom of pyramid Brazilian-born entrepreneur has eventful journey into start-up world BY JOA N N G T he Fotoku selfie app on the Google Play store has been installed between 100,000 and 500,000 times. On it, users post photos of themselves in decorated frames from the Fotoku library. Some are captioned “I feel like a Rock Star”, others carry the mantra “Keep calm and Fotoku”. Lately though, users are also posting photos of themselves surrounded by Nestlé Drumstick ice-cream cones and cartons of Nescafé coffee. This brand campaign is the brainchild of Victor Zabrockis and his company Creative HotHouse, developer of the Fotoku app and several other social media apps for the mobile phone. These include ChopChat, a messaging app; and Kungfood, where users share their food pics. In March, Creative HotHouse launched a new service called Jet8. This is a branding and rewards platform that works with all the company’s apps. Users of these apps get rewarded each time branded content they post is liked, shared or commented on. Zabrockis says active users typically earn the equivalent of US$1 (RM4.09) a day in Jets, the name given to the virtual currency used on the rewards platform. That does not seem like a whole lot, but it is significant to many Fotoku users. The app’s chief market is the Philippines, where the average household income is US$14 a day. Fotoku’s users are not sporting the latest iPhone or Samsung Galaxy. They are much more likely to be using a MyPhone, one of the Philippines’ most popular mobile phone brands, which runs on the Android operating system and can cost as little as US$45.53. Today, users can earn Jets on only one of the six apps developed by Creative HotHouse. They redeem these Jets on an in-app store, where a Nescafé Dolce Gusto coffee machine costs 996,820 Jets and a Canon printer 599,830 Jets. But Zabrockis has big plans for Jet8, which he describes as a mobile engagement platform. In the future, he says, brands will not need to pay boxer Manny Pacquiao millions to endorse biscuits or shoes. Instead, they can spend their money on social media campaigns led by millions of Filipinos sharing pictures and videos online. Those same users will be able to redeem their Jets at supermarkets and convenience stores. And any app developer will be able to tap the Jet8 platform to monetise its apps. Jet8 launched with three brands in the Philippines and has since signed more deals with Globe Telecom, Mister Donut and Avon. And Zabrockis is working to enrol more brands both in the Philippines and across Southeast Asia, where millions of people are engaging with social media for the first time. “People in Southeast Asia, users at the bottom of the [income] pyramid, first-time mobile users, they are very open to branding their content if they’re getting something in exchange,” he explains. “That we have proven with three years of app building, community building and testing.” Global journey Zabrockis has had an eventful journey into the start-up world. The Greek citizen spent the first 14 years of his life in Brazil. “My mum Zabrockis believes the Jet8 service will appeal to brands and users in Southeast Asia, where mobile engagement is startlingly high. Photo by Samuel Isaac Chua/The Edge Singapore is Greek, but I’ve never lived in Greece,” he says. Then, his parents emancipated him so he could move to the US and be adopted by a foster family. There, Zabrockis attended The Newman School, a private high school in Boston, and got his degree in economics and international relations at Boston University. Upon graduation, he moved quickly across several countries and companies. “I moved from the States to the Caribbean for a year, and then from the Caribbean Users of Fotoku get rewarded each time branded content they post is liked, shared or commented on. Photo by Creative Hothouse to Belgium for a year. And then after that I went to work in Brazil for a company called Cargill,” he says. Cargill is one of the world’s four largest commodity traders. At Cargill, Zabrockis traded soybean pellets. He later parlayed that knowledge into building his own soybean project, specialising in the trading of GMO-free soybeans. After exiting that business, Zabrockis decided he would use the money he made to do something he really loved. “I have always been a gadget freak. In school, I always had the newest computer, the latest gadgets. At Boston University, when the web rooms were first installed, I was navigating the web. I was a bit of a geek at that time,” he says. “I founded an agency in Brazil that was very successful doing hot sites and experiential web stuff — a lot of flash and that kind of stuff.” In 2003, after the dotcom bubble had burst, Zabrockis sold his web business and moved to Barcelona. There, he set up a branding agency with Pablo Slough, currently head of sales activation at Google. Slough eventually left to take up a position at Universal McCann. During the financial crisis, Zabrockis shuttered his agency to take a sabbatical. He did not give up on starting companies, though. In 2011, Zabrockis started an incubation project to fund and mentor start-ups. The idea to move to Southeast Asia came after a meeting with two friends: Joshua Thomson and Michael Allen. Thomson had been in charge of international brand building and revenue generation for FC Barcelona and had spent enough time in Asia to be convinced of its business attractions. Meanwhile, Allen had been working for the South African Internet and media company Naspers in China. “The three of us decided to venture into Southeast Asia. We raised a small seed round between ourselves and a few friends, and we incorporated in Singapore in May 2013,” Zabrockis says. Allen is chief marketing officer for Creative HotHouse and Thomson is chief networking officer. Zabrockis occupies the role of CEO. In the beginning, Creative HotHouse funded the development of apps targeted specifically at first-time mobile users. These apps were built to work well on low-end phones and low-speed mobile networks. “Working with MyPhone we developed the device specs that would be best for first-time smartphone users to use apps without their crashing,” he explains. “For a year now, we’ve been pre-installing about 150,000 phones a month. Through that activation experience, feedback from users, how apps react on devices, on 3G, low-quality bandwidth, in different places in the Philippines, we’ve been adapting as much as we could to that bottom-of-the-pyramid-type clientele.” But as Creative HotHouse’s user base grew, the founders realised there was a need to monetise that base. Thus, Jet8 was born. “We studied every possibility in the market, every ad network, every solution there was out there to monetise the community in Southeast Asia. And it was about a year and a half ago that we decided to build our own solution to monetise apps,” Zabrockis says. He now considers Jet8 the company’s main product and is putting all his efforts into growing it. A mobile-first region Zabrockis believes Jet8 will be particularly appealing to brands and users in Southeast Asia, where mobile engagement is startlingly high. A video on the Jet8 website proudly touts a string of statistics to prove this. Filipinos spend more than four hours a day on their favourite social networks. The cities of Makati and Pasig produce more selfies per capita than any other city in the world; Cebu and Baguio also rank among the top 20 selfie creators globally. In Myanmar, 75% of mobile users are open to receiving ads and 53% are willing to click through. In Thailand, 30% of all videos online are created by users on smartphones. In Vietnam, social networks are growing at a rate of 40% a year. And 2.4% of all Twitter posts worldwide come from Jakarta. Jet8 will allow brands operating in the region to reach these social media users more effectively than ever, Zabrockis argues. “There’s an endorsement market out there. For many countries in Southeast Asia, making endorsements to personalities is not a profitable business. You end up paying for face value. They end up posting stuff that nobody engages with. After they use this, everything gets tagged forever,” he says. So far, this Southeast Asian growth story has allowed Creative HotHouse to raise US$7.5 million in three rounds of seed funding. The latest round, which raised US$2.5 million, values the company at US$40 million, according to Zabrockis. Some of Creative HotHouse’s angel investors are Bruce Aitken, head of strategy and finance at Intel in China; and Chris Foster, senior vice-president for global clients at Publicis Groupe. Zabrockis aims to close his next round of funding in the fourth quarter of this year and hopes to do so at a price that will value the company at US$60 million. “Our solution for brands is highly scalable, so we are welcoming strategic investors who understand branding and mobile engagement,” he says. “We have reached the point where we can scale exponentially.” — The Edge Singapore F E AT U R E 2 1 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY Iran’s oil boom fizzles out Export down by 20% in 1st 3 weeks of June BY JU L I A N L EE F ive months after sanctions on Iran were eased, the rapid rise in the country’s oil production and exports appears to be ending as quickly as it began. Any slowdown in Iranian output will hasten the rebalancing of global oil supply and demand, adding weight to the assertion by Saudi Arabia’s oil minister Khalid Al-Falih that “the oversupply has disappeared.” Iran’s observed crude oil exports, which exceeded 2 million barrels a day in both April and May, slipped by almost 20% in the first three weeks of June. One of the country’s primary aims after restrictions on oil sales were eased was to regain its markets in Europe. Before the latest sanctions were imposed in 2012, Iran was exporting about 600,000 barrels a day of crude to countries in the European Union, with Italy, Spain and Greece being its biggest buyers. By May, Iran had regained more than half of those EU sales, delivering more than 350,000 barrels a day of crude and spurring expectations that flows would soon be back to their pre-sanction level. Upgrades were also completed at Iran’s principal loading terminal at Kharg Island, allowing it to load nine vessels at a time and store 30 million barrels of crude. But deliveries fell to 285,000 barrels a day in the first three weeks of June. What happened? Bloomberg tracks the tankers loading Iranian crude, which allows us to examine in detail where this oil is going. The big Asian buyers — China, India, Japan and South Korea — remain Iran’s most important customers. But the pattern of sales to Europe is now very different from that seen before the sanction era. A strike that shut most French refineries has clearly had an impact. No cargoes were sent there in the first part of this month and three vessels remain anchored off French ports waiting to unload Iranian crude. But more worrying for Iran is the difficulty that it seems to have had in persuading its biggest pre-sanction buyers to resume purchases. Italy, previously Iran’s best customer in Europe, loaded its first cargo in mid-June, five months after the restrictions were lifted. Purchases by Spain and Greece are also well below pre-sanction levels. Outside Europe, Iran has also struggled to regain customers it lost to sanctions. A delivery to the Tanzanian port of Dar Es Salaam in March remains its only post-sanction sale to Africa, while purchases by US companies are still banned. There may be a simple explanation for this dip in exports. It could be that the holy month of Ramadan has had an impact on Iran’s oil industry — although it doesn’t appear to have had a similar effect on exports from neighbouring Iraq. Or, it may be a simple matter of scheduling the tankers to call at Iran’s oil ports — but we are running out of time for a late surge in loadings to boost monthly average exports to May’s level. If there isn’t, then a slump in output after a short-lived surge will leave Iran producing less oil than hasten the supply-demand balance analysts had expected in the sec- so eagerly sought by oil producers. ond half. And that will only help — Bloomberg Julian Lee is an oil strategist for Bloomberg First Word. Previously he worked as a senior analyst at the Centre for Global Energy Studies. This column does not necessarily reflect the opinion of Bloomberg LP and its owners. 5.98 128.98 2 2 S P O RT S T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY Belgium hit four past Hungary at Euro 2016 IN BRIEF Jerome Boateng confident of being fit for next match Hazard scores his first tournament goal, team cruise into quarter-finals Hungary 0 4 Belgium BY JU ST I N DAVI S TOULOUSE: Eden Hazard scored his first goal of Euro 2016 as Belgium cruised into the quarter-finals with a 4-0 win that ended Hungary’s fairy-tale campaign. Belgium go into the European Championship quarter-finals for the first time since losing the 1980 final. They were dominant throughout at Stadium de Toulouse after Toby Alderweireld headed them into a 10th-minute lead. The Red Devils wasted a series of great chances to finish the game before Michy Batshuayi, with his first touch as a substitute, Hazard and Yannick Carrasco scored in the last 12 minutes. Belgium now battle Wales in Lille, near the French-Belgian border, for a place in the semi-finals. “It’s great. We’re into the quarter-finals after a deserved win,” said Hazard. “We could have scored more goals, and although their keeper pulled off some great stops, we’re not complaining. “We’re in the last eight, we’re Belgium’s Eden says can’t wait for Wales BY JU STI N DAV IS TOULOUSE: Chelsea star Eden Hazard said Belgium are hoping to keep the Euro 2016 party going with a win over Wales in Lille on Friday, but said their 4-0 rout of Hungary will be hard to beat. In an impressive man-of-thematch performance, Hazard hit his maiden goal of the tournament as the Red Devils proved far too hot to handle for an outclassed Hungary side. While they limp out of their first major finals in three decades with good memories of winning Group F and making the last 16, Belgium’s hopes for their first final since 1980 are growing. Hazard can’t wait to play in Lille, a northern French city close to the Belgian border where he starred for four seasons before moving to England. But he said: “Doing better than tonight (Sunday) would be difficult, I think. Everything was almost perfect. We scored goals, we created a lot of chances, [and] we helped Thibaut [Courtois] keep a clean sheet. “We made it easy for ourselves. We created a lot of chances from the start.” — AFP June 26 - Toulouse stadium Scorers Last 16 Scorers Alderweireld (10) Batshuayi (78) Hazard (80) Carrasco (90+1) 1 2 4 7 8 9 10 6 14 16 17 20 23 13 Kiraly Lang Kadar Dzsudzsak Nagy Szalai Gera Elek (46) Lovrencsics Pinter Nikolic (75) Guzmics Juhasz Bode (79) Referee Milorad Mazic (SRB) Courtois Alderweireld Vermaelen Nainggolan Vertonghen Witsel De Bruyne Lukaku Batshuayi (76) Hazard Fellaini (81) Mertens Carrasco (70) Meunier 1 2 3 4 5 6 7 9 22 10 8 14 11 16 Statistics going to Lille and I hope there 16 Shots 25 will be a lot of Belgians there to 6 On target 14 support us. 12 Fouls 10 “We’re still dreaming of going further in this competition. Now, 6 Corners 8 we have to rest and prepare our0 Penalties 0 selves for Friday.” 0 Offside 3 Hungary impressively won their Possession 54% 46% group, but if they struck any fear into Belgian hearts, it did not show. From Kevin De Bruyne’s specSource: UEFA ulative fourth-minute strike that Captain Replacement Yellow card Red card sailed over Gabor Kiraly’s crossbar, the Red Devils were too hot for a Hungary making their return to a major tournament three decades De Bruyne, after Hazard’s superb flank, the Manchester City forafter the 1986 World Cup. delivery, tested the goalkeeper. ward sent in a superb inswinging Almost from kick-off, Kiraly was When Adam Lang hauled De free kick that Alderweireld headed kept busy as Romelu Lukaku, then Bruyne to the ground on the left past Kiraly at his back post. — AFP ‘Crazy France must seek balance’ BY RYLAND JAMES LYON: Didier Deschamps says “crazy” France must strike a balance for the Euro 2016 quarter-finals after a half-time bust-up inspired their 2-1 comeback win over Ireland. There were heated words in the French dressing room in Lyon at halftime after an early Robbie Brady penalty put the Irish 1-0 up at the break. With the hosts starring down the barrel of an early exit, Deschamps read his side the riot act, while senior players demanded more from Les Bleus. “We had a bad first half, but a few things were said at half-time,” said Griezmann, the man of the match, who scored both their goals. “It was stormy.” Deschamps admitted that he raised his voice at half-time to demand his side raise the tempo as flared tempers translated into a swift fightback. The call to arms was answered in emphatic style as Deschamps deployed Kingsley Coman on the right wing and moved Griezmann closer to striker Olivier Giroud. The tactical switch worked a treat as Atletico Madrid’s Griezmann powered his header home on 68 minutes. Ireland struggled to contain France’s new-found energy. Giroud headed down into Griezmann’s path, who slammed home the winning goal four minutes later. The Irish were reduced to 10 men after Shane Duffy’s red card for a foul with Griezmann through on goal. France could, and should, have scored a third, but only their finishing let them down, which is a concern for the quarters. Freed of his duties on the right wing and moved into the forward position he fills at Atletico, Griezmann cut an impressive figure in the second half. He wants to continue in the role in next Sunday’s quarter-final against England or Iceland. “The manager brought Kingsley on, he caused some damage, I was closer to the striker and I hope we continue that way,” said Griezmann. “I don’t care if I play on the left or right or in the middle. “But it’s true that being further up the pitch is where I normally play, so it’s easier for me.” — AFP Hungary bow out with their heads held high BY ANGUS MAC S WAN TOULOUSE: Hungary may have been trounced by Belgium in Toulouse on Sunday, but as the Magyars bow out of Euro 2016, they can look forward to a brighter future, coach Bernd Storck said. The little-fancied Hungarians, lacking big international names, turned out to be one of the surprise teams of the tournament before they finally succumbed to a rampant Belgium team. But they can draw experience from the defeat, their German coach said. “We can leave with our heads held high. We have never played against a side like that. But we have learned a great deal for the future and I really enjoyed the match, particularly the second half when we could have equalised,” Storck said. The final result of 4-0 might also be something of a cruel reflection on a side which fought back hard in the second half and might have grabbed an equaliser until Eden Hazard turned on the magic. “In the first half, I wasn’t happy because we weren’t as brave as previously”, the Hungary coach said. “There was a slight lack of confidence. At half-time, I said we needed to be braver.” — Reuters LILLE: Germany defender Jerome Boateng, who scored in their win over Slovakia on Sunday, said his calf injury was improving and he was confident of being fit for the quarter-final with holders Spain or Italy. Boateng, who thundered in the opening goal from 25m after eight minutes of their 3-0 victory, was injured in Germany’s final group match against Northern Ireland, but recovered to play for 72 minutes on Sunday. “My calf has kept up quite well in this game, though it is still not perfect,” he told reporters. “I have sufficient time to prepare now and everything should go well.” Germany will face either holders Spain or Italy in the last eight on coming Saturday, but Boateng said he had no preference. — Reuters Hodgson dismisses report of Rooney-Vardy rift BENGALURU: England manager Roy Hodgson has dismissed “salacious” suggestions of a possible rift between forwards Wayne Rooney and Jamie Vardy, and said the team were fully focussed on the Euro 2016 round-of-16 match against Iceland yesterday. Reports surfaced midweek that captain Rooney and Vardy had a dispute over the Twitter prominence of Vardy’s wife Rebekah, which could be an unwelcome distraction for the team. “I haven’t got a clue what you are referring to. There are absolutely no problems in football terms between Wayne Rooney and Jamie Vardy,” Hodgson told British media. “They are very close friends, both on the field and off the field. I have got no idea what you are referring to.” — Reuters Germany must do better yet, warns coach Loew LILLE: Germany still have plenty of room for improvement after easing into the Euro 2016 quarter-finals by beating Slovakia 3-0 on Sunday, coach Joachim Loew warned. The reigning world champions were comfortable winners in their last-16 clash in Lille as Jerome Boateng, Mario Gomez and the excellent Julian Draxler all scored, while Mesut Ozil had an early penalty saved. “We put in a great effort, but with all due respect to our opponents, we cannot say from this that we are going to dominate the competition,” said Loew. — AFP Wilmots still wants more from team captain TOULOUSE: Belgium’s captain Eden Hazard capped a superb individual performance with a magnificent solo goal as they thrashed Hungary 4-0 to reach the Euro 2016 quarter-finals, but coach Marc Wilmots still wants more from his captain. Hazard struggled along with his teammates during Belgium’s opening defeat by Italy, but completed a hat-trick of assists at the tournament when his sublime cross was met by substitute Michy Batshuayi for Belgium’s second goal on Sunday. — Reuters S P O RT S 2 3 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY Chile stun Argentina to win Copa America In a penalty shoot-out after finishing deadlocked at 0-0 BY ROB WOOL L A RD EAST RUTHERFORD (New Jersey): Holders Chile stunned Argentina to win the Copa America Centenario in a penalty shoot-out here on Sunday as Lionel Messi’s title curse struck again. Messi blazed a penalty over the bar in the shoot-out before Lucas Biglia missed to leave Chile’s Francisco Silva with the task of stroking home the winning spot-kick at the MetLife Stadium. It was a carbon copy of last year’s Copa America final, also won by Chile on penalties after a goalless draw. Argentina’s players meanwhile were left disconsolate as they digested a third defeat in a major final following losses to Germany in the 2014 World Cup and Chile in last year’s Copa. The defeat also ensured Argentina’s 23-year wait for a major title — and a first for five-time world player of the year Messi — continued. The final had gone to penalties after finishing deadlocked at 0-0 Chile posing for a photo with the championship trophy after winning the championship match against Argentina at the MetLife Stadium in East Rutherford, New Jersey on Sunday. Photo by Reuters in 120 minutes. Both sides were reduced to 10 men in the first half as Brazilian referee Heber Lopes struggled to get a grip on an ill-tempered contest played in front of a crowd of 82,026. The first yellow card of the match came in the 16th minute when Marcelo Diaz brought down Messi with a cynical hack across the thighs as the Barcelona star advanced on the Chilean goal. Argentina should have taken the lead on 21 minutes when a defensive blunder from Gary Medel, miscontrolling a back pass, allowed Gonzalo Higuain to go clean through on goal. — AFP Messi retires from international football BLOOMBERG BY RO B W O O L L A R D EAST RUTHERFORD (New Jersey): Lionel Messi (pic) sensationally announced his retirement from international football here on Sunday after Argentina crashed to an upset defeat against Chile in the final of the Copa America. The heartbroken Barcelona superstar was distraught after missing a spot-kick as Chile snatched victory in a penalty shoot-out — Messi’s fourth straight defeat in a major final while representing Argentina. “For me, the national team is over,” the crestfallen 29-year-old told reporters. “I’ve done all I can, I’ve been in four finals and it hurts not to be a champion. “It’s a hard moment for me and the team, and it’s difficult to say, but it’s over with the Argentina team.” Messi’s dramatic announcement followed Argentina’s third loss in a major final since 2014. They were beaten 1-0 by Germany in the final of the World Cup in 2014 and lost on penalties, also to Chile, in the final of the 2015 Copa America. Messi also tasted defeat with Argentina in the final of the 2007 Copa America. Despite a glittering career that has seen him named Fifa World Player of the Year on no fewer than five occasions, Messi has faced persistent sniping from critics in Argentina. Yet he received support on Sunday from Chile’s victorious Argentine coach Juan Antonio Pizzi, who maintained that Messi deserves to be regarded as the best ever. “As well as an admiration for Messi, I’m driven very much by his numbers,” Pizzi said of Messi’s record-breaking career. “I know what it means to value certain numbers and Messi’s numbers are unmatched, and I don’t think they will ever be matched because it’s impossible for a player to find the things that Messi finds.” — AFP English Premier League clubs hope transfers don’t take Brexit pounding BY PI RATE I RWI N LONDON: The shockwaves felt after Britain voted to leave the European Union are set to have a dramatic impact on the transfer fees splashed out by cash-rich Premier League clubs for leading European players. One question is whether players like French Manchester United target Paul Pogba would be eligible to play in Europe’s most high-profile and competitive league, given that talks on Britain remaining in the single market could drag on for at least two years. More immediately, the decline in the value of the pound will make transfer targets more difficult to acquire. “If the pound continues to fall, then foreign talent will become more expensive. That could have a huge knock-on effect in the summer transfer window,” Simon Chadwick, professor of sports enterprise at the on web + mobile University of Salford, told The Times. While fluctuations in the exchange rate shouldn’t unduly concern the wealthiest clubs such as Manchester City and cross-town rivals United, the mid-level Premier League teams will notice a difference. Even with cash from a new record television deal coming in, a bid of £10 million (RM54.62 million) for a European player rose by as much as £900,000 in the past two days, due to the slump in the pound’s value against the euro. West Ham’s largest shareholder David Sullivan — whose club had before last Thursday’s shock vote made a €40 million (RM181 million) offer for Marseille’s Belgian international striker Michy Batshuayi — reflected this concern. “There are going to be a lot of implications for the Premier League and football in general,” he wrote on the club website. “If ... sterling continues to fall against the euro, players at European clubs will become more expensive as that impacts our buying power. “Even at this present time, where we currently owe instalments to clubs who we have signed players from, we will also lose out if the value of sterling falls, but every club is in the same boat.” Aside from transfer fees, European-based players may also demand higher salaries due to their euro expectations. — AFP Catch up on the Top 5 news of the day. Uploaded from Monday to Friday @ 8.3 30pm Anytime, anywhere on www.theedgemarkets.com 24 live it! T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE Personal ASSISTANT Inhale the floral scent of the Japanese Cherry Blossom eau de toilette from The Body Shop — its subtle fragrance will last all day long. (RM119) CO MPIL E D BY S H A L IN I Y E A P WORK. LIFE. BALANCE Delicate and dazzling is what the Dahlia collection from DeGem is all about, with the namesake necklace from the collection featuring delicately handcrafted petals surrounded by exquisitely-cut diamonds. (RM3,800) Showcase your hosting skills with this Botanic Garden Divided dish from Portmeirion, available at Janine. The dish is ovenproof and microwave-safe, and is a lovely hostess gift too. (RM168) RAYA PREPPING BY HA NN A H MERICAN With Hari Raya Aidilfitri less than two weeks away, now is the time to get really excited about the upcoming month of Syawal – a time for celebration with family and friends. If you have not had time to prepare, it is not too late to begin. From fashion to gifts and home décor, we have come to the rescue and will hopefully make planning for the festive season just that much easier. Serve your scrumptious treats with the Doftrik serving stand from IKEA. With its three tiers, the silver-colour serving stand exudes a regal vibe. (RM49.90) Savour the sweetness of the Raya Delight hamper from Japanese confectioner Royce’. The delectable spread consists of chocolate almond bitter, chocolate white milk, chocolate strawberry and nutty and fruit bar chocolate. (RM200) HAVE dinner under the stars as you buka puasa with your loved ones this Ramadan at Avenue K. The Buffet under the Stars promotion at Fresca & Dolly Dim Sum is priced at RM95nett per person and RM48nett per child below 10 years. You will enjoy further savings if you make a group booking as one person eats for free for every group of 10 diners. Make your way to Fresca and Dolly Dim Sum at G9 and G9A Ground Floor, Avenue K, Jalan Ampang, Kuala Lumpur between 6.30pm and 10pm today. Visit www.avenuek. com.my for more information or call (03) 2181 3830 to make reservations. Accessorise with some oldschool-style glamour with the Anggun Bunga Raya ring from Poh Kong. (RM1,790) Fusing together modern themes and traditional styles, the Rosa Peplum dress from Ira by Twenty3 is ideal for the modern woman who wants to look fashion-forward yet conservative this Hari Raya. (RM269) The Evony chunky heels from Shoes Shoes Shoes assure you of some added pizzazz — with satin fabric and embellished heels, they will definitely add an extra bit of sparkle to your Hari Raya outfit. (RM159.50) BE serenaded by The Harvard Krokodiloes as they return to Malaysia on their annual World Tour. The one-night only concert at Sunway University aims to raise funds for social enterprise Dialogue In The Dark Malaysia (DiD), and will be held entirely in the dark to commemorate the collaboration. DiD aims to raise awareness of the blind and visually impaired communities. Tickets priced at RM89.45 can be purchased at www. myticket.asia. The concert begins at 8.15pm and doors open at 7pm at the Sunway International School at 3 Jalan Universiti, Bandar Sunway, Petaling Jaya. VIEW the artworks of Faizal Suhif at Vallette Gallery with Hidden: Treasures of the Natural World. The exhibition will focus on large-scale recent and never-before shown works from 2015 to the present, including large-scale pieces, monoprints, prints and sketches. The gallery’s opening hours are between 10am and 5pm today. Swing by Vallette Gallery at 22 Jalan Bruas, Damansara Heights, Kuala Lumpur. Visit www.vallettegallery.com or call (019) 301 2569 for more. Markets 2 5 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY BURSA MAL AYSIA MAIN MARKET Bursa Malaysia YEAR HIGH Sectorial Movement INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG -0.14 KLSE COMPOSITE 1,629.52 -4.53 -0.28 TECHNOLOGY 20.70 -0.03 KLSE INDUSTRIAL 3,060.30 -11.30 -0.37 FTSE BURSA 100 11,067.84 -38.39 FTSE BURSA MID 70 12,757.29 -72.23 -0.56 -0.35 CONSUMER PRODUCT 587.29 -0.44 -0.07 INDUSTRIAL PRODUCT 138.21 0.66 0.48 FTSE BURSA SMALL CAP 14,850.78 -25.63 -0.17 CONSTRUCTION 277.80 -1.72 -0.62 FTSE BURSA FLEDGLING 15,319.85 -23.67 -0.15 TRADE & SERVICES 219.24 -1.18 -0.54 FTSE BURSA EMAS 11,355.06 -38.25 -0.34 14,010.07 -64.84 -0.46 FTSE BUR M’SIA ACE 5,069.38 -73.65 -1.43 KLSE FINANCIAL KLSE PROPERTY 1,120.04 -7.88 -0.70 FTSE BUR EMAS SHARIAH 11,919.75 -49.09 -0.41 KLSE PLANTATION 7,553.26 13.99 0.19 FTSE BUR HIJRAH SHARIAH 13,389.66 -61.77 -0.46 474.18 4.05 0.86 FTSE/ASEAN 40 8,803.62 -21.00 -0.24 KLSE MINING Bursa Malaysia Main Market YEAR HIGH YEAR LOW DAY HIGH CONSUMER PRODUCTS 0.850 0.550 0.815 4.270 3.350 3.710 13.500 5.327 13.000 0.480 0.220 — 6.320 4.052 5.600 2.000 1.090 1.090 5.299 2.977 4.100 64.156 40.235 51.280 0.080 0.040 — 0.954 0.550 0.570 1.870 0.880 1.560 0.660 0.427 0.525 0.400 0.230 0.315 13.500 10.731 13.060 1.278 0.702 1.140 2.847 1.970 2.000 1.970 0.464 1.140 3.290 1.670 2.580 0.085 0.025 0.030 2.417 1.336 2.040 1.400 1.010 1.380 0.175 0.065 0.085 0.075 0.040 0.040 0.965 0.765 — 58.300 40.020 58.200 0.165 0.065 0.090 0.265 0.075 0.085 0.280 0.165 0.195 0.460 0.190 0.250 2.620 1.693 — 0.325 0.210 0.225 0.940 0.640 — 25.600 16.547 25.000 0.940 0.475 0.680 1.196 0.990 0.990 1.207 0.356 0.815 0.966 0.553 0.760 1.640 0.720 0.920 2.760 2.070 2.500 1.200 0.930 — 0.175 0.035 0.040 15.420 11.735 15.120 8.500 4.141 8.420 1.196 0.860 0.875 0.515 0.370 0.380 5.280 2.850 4.270 1.416 1.049 1.340 0.590 0.340 0.550 2.699 1.816 1.950 1.420 0.647 1.050 1.170 0.515 0.525 3.160 2.130 2.240 3.965 2.260 3.550 0.205 0.025 0.085 0.935 0.560 0.760 2.540 1.742 1.900 1.180 0.920 — 0.115 0.035 0.050 8.100 4.950 5.150 9.700 2.950 — 0.405 0.130 0.275 0.405 0.215 0.280 3.370 1.986 3.010 0.895 0.700 0.750 2.237 1.410 1.410 4.585 2.329 4.140 0.120 0.020 — 1.397 1.141 1.270 1.070 0.810 0.970 1.319 1.080 — 5.030 4.382 5.000 0.140 0.025 — 1.626 1.084 1.330 77.000 68.628 76.200 2.850 2.125 2.720 0.200 0.080 0.100 0.370 0.220 0.270 1.079 0.614 0.850 0.753 0.425 0.450 2.550 1.834 2.400 7.139 6.294 6.690 2.448 1.193 2.220 30.200 19.941 29.500 0.768 0.587 — 0.390 0.200 0.350 0.885 0.275 — 1.120 0.725 0.785 0.229 0.123 — 0.580 0.402 0.540 2.071 1.391 1.540 16.784 14.079 16.280 0.614 0.458 — 2.077 1.348 1.420 1.610 0.945 1.490 2.896 1.892 2.600 4.650 3.662 4.400 1.650 1.340 — 1.438 1.180 1.230 0.546 0.270 0.285 1.090 0.500 1.060 1.430 0.550 0.615 0.120 0.055 0.065 2.450 0.890 2.080 1.411 0.704 0.965 0.060 0.035 0.045 2.750 1.671 2.390 1.520 0.730 — 0.745 0.365 0.575 0.450 0.280 — 3.039 1.860 1.920 1.406 0.346 1.170 1.717 1.040 1.220 1.610 1.184 — 0.570 0.435 — 0.510 0.170 0.420 10.432 4.880 5.600 2.430 1.530 2.130 1.040 0.430 0.995 0.098 0.035 0.035 0.670 0.390 — 0.607 0.225 0.230 2.410 1.430 2.220 0.655 0.190 0.605 1.220 0.799 1.190 3.490 2.180 2.350 2.055 1.335 1.380 INDUSTRIAL PRODUCTS 1.460 0.888 1.300 0.160 0.095 — 0.640 0.470 0.495 0.335 0.260 — 1.040 0.725 — 2.381 1.795 2.020 * Volume Weighted Average Price DAY LOW 0.795 3.700 11.920 — 5.600 1.090 4.080 50.180 — 0.555 1.540 0.480 0.305 12.900 1.120 1.970 1.140 2.390 0.025 2.020 1.360 0.080 0.040 — 57.000 0.085 0.080 0.190 0.245 — 0.210 — 24.080 0.610 0.990 0.805 0.750 0.870 2.500 — 0.040 15.000 8.400 0.860 0.370 4.270 1.320 0.535 1.940 1.020 0.525 2.150 3.400 0.065 0.740 1.900 — 0.045 5.000 — 0.265 0.280 2.910 0.750 1.410 3.980 — 1.260 0.900 — 5.000 — 1.270 76.100 2.710 0.095 0.260 0.835 0.440 2.380 6.650 2.170 29.320 — 0.300 — 0.750 — 0.505 1.490 15.940 — 1.390 1.470 2.490 4.330 — 1.200 0.275 1.020 0.580 0.065 1.990 0.955 0.045 2.370 — 0.555 — 1.860 1.140 1.190 — — 0.410 5.400 2.130 0.980 0.035 — 0.230 2.170 0.575 1.170 2.280 1.350 1.240 — 0.490 — — 2.000 CODE 7120 7090 2658 7051 6432 7722 7129 4162 7243 9288 7174 7154 7128 2836 7035 7148 9423 2828 5188 7205 7202 5214 7179 7119 3026 7198 7182 5091 9091 7149 7208 7094 3689 9776 2755 8605 9172 5102 5606 5606PA 5187 3255 3301 5160 7213 7141 5024 8478 5107 7152 8931 5247 7216 8303 6203 7062 0002 5172 7006 9385 7943 8079 7089 7126 7085 7087 5189 3662 7935 5886 5202 5150 3921 4707 7060 7139 7215 5066 7071 7107 4006 7052 3719 5022 9407 6068 5231 4081 5080 7088 4065 7190 8966 7134 7237 7084 9946 5252 5157 7180 7165 7165PA 7412 7246 8532 7103 7186 7082 7211 4405 7200 7252 9369 7230 7176 4588 7757 7203 5156 7121 5155 5584 7184 5159 7178 5131 0012 7086 7061 7131 7191 9148 COUNTER ACOSTEC AHEALTH AJI AMTEK APOLLO ASIABRN ASIAFLE BAT BIOOSMO BONIA CAB CAELY CAMRES CARLSBG CCK CCMDBIO CHEEWAH CIHLDG CNOUHUA COCOLND CSCENIC CSL DBE DEGEM DLADY DPS EKA EKOWOOD EMICO ENGKAH EURO EUROSP F&N FARMBES FCW FFHB FPI GCB GOLDIS GOLDIS-PA HBGLOB HEIM HLIND HOMERIZ HOVID HUATLAI HUPSENG HWATAI IQGROUP JAYCORP JERASIA KAREX KAWAN KFM KHEESAN KHIND KOTRA KSTAR LATITUD LAYHONG LCHEONG LEESK LIIHEN LONBISC LTKM MAGNI MAXWELL MFLOUR MILUX MINTYE MSM MSPORTS MWE NESTLE NHFATT NICE NIHSIN NTPM OCR OFI ORIENT PADINI PANAMY PAOS PARAGON PCCS PELIKAN PMCORP POHKONG POHUAT PPB PPG PRLEXUS PWF PWROOT QL REX SASBADI SAUDEE SERNKOU SGB SGB-PA SHH SIGN SINOTOP SPRITZER SWSCAP SYF TAFI TCHONG TEKSENG TEOSENG TGL TOMEI TPC UMW UPA WANGZNG XDL XIANLNG XINQUAN YEELEE YEN YOCB YSPSAH ZHULIAN 3A ABLEGRP ABRIC ACME ADVENTA ADVPKG CLOSING (RM) +/– (RM) VOL (‘000) VWAP* (RM) PE# (X) DY (%) MKT CAP (MIL) 0.815 3.700 12.460 0.250 5.600 1.090 4.100 51.000 0.045 0.560 1.560 0.520 0.305 13.000 1.130 1.980 1.140 2.550 0.030 2.020 1.370 0.080 0.040 0.960 58.020 0.090 0.080 0.195 0.250 2.030 0.220 0.780 24.920 0.675 0.990 0.810 0.760 0.920 2.500 1.100 0.040 15.120 8.400 0.870 0.380 4.270 1.340 0.535 1.950 1.030 0.525 2.220 3.500 0.085 0.740 1.900 1.040 0.050 5.150 8.920 0.270 0.280 3.000 0.750 1.410 4.110 0.020 1.270 0.970 1.170 5.000 0.035 1.330 76.140 2.710 0.100 0.270 0.850 0.450 2.390 6.680 2.180 29.400 0.700 0.335 0.495 0.780 0.160 0.520 1.530 16.260 0.495 1.410 1.490 2.600 4.330 1.530 1.230 0.285 1.040 0.610 0.065 2.080 0.960 0.045 2.380 1.000 0.570 0.310 1.920 1.150 1.200 1.310 0.460 0.420 5.560 2.130 0.990 0.035 0.460 0.230 2.220 0.605 1.170 2.310 1.380 0.010 UNCH 0.360 — -0.070 -0.010 -0.010 UNCH — UNCH -0.010 0.015 UNCH UNCH -0.010 -0.020 -0.010 -0.010 0.005 -0.020 -0.010 UNCH UNCH — 0.120 UNCH UNCH UNCH UNCH — 0.005 — 0.020 0.045 UNCH -0.035 -0.010 UNCH -0.010 — -0.005 UNCH UNCH -0.005 UNCH 0.020 UNCH UNCH 0.040 -0.010 UNCH 0.030 0.050 UNCH -0.015 -0.050 — 0.005 0.100 — -0.015 -0.010 UNCH UNCH UNCH 0.040 — UNCH -0.005 — UNCH — 0.030 UNCH -0.010 UNCH UNCH -0.005 UNCH -0.030 -0.010 -0.030 -0.300 — UNCH — 0.015 — 0.020 -0.010 UNCH — -0.010 UNCH 0.100 -0.120 — 0.040 UNCH -0.010 0.015 UNCH 0.020 UNCH UNCH -0.020 — 0.005 — 0.040 -0.020 -0.020 — — 0.010 -0.020 UNCH 0.010 -0.005 — UNCH 0.040 -0.005 -0.020 0.050 -0.010 386 16.2 25 — 1 5 18.9 58.2 — 936.8 55 27.2 267.5 31.1 181.7 491.7 17 47 913.2 87.3 74 623 3596.6 — 3.1 1934 938 70.1 175.8 — 258.1 — 40.6 47 4.2 22.5 82.2 92.2 2 — 30 24.6 0.5 404.4 288.4 1.7 1233.3 339.3 14 81.8 10 375.2 121.7 2.1 57 2 — 180.5 17.6 — 213 133.8 977.6 5 5 216.4 — 53.9 20.5 — 4 — 5.1 41.8 17 366.5 333 981.5 845.3 14.5 14 243.6 5.3 — 27.2 — 52.5 — 309 308.4 220.1 — 94 36.5 446.8 15.6 — 33.2 649.6 8.8 6402.9 595 81.5 134 207 65.5 — 384.9 — 21 1539.8 148.7 — — 45 193.8 8.4 131 1394.4 — 25 35.3 278.6 90.5 40.7 19 0.803 3.701 12.411 — 5.600 1.090 4.097 50.905 — 0.560 1.551 0.500 0.307 12.989 1.128 1.980 1.140 2.556 0.026 2.020 1.368 0.083 0.040 — 57.637 0.085 0.080 0.192 0.248 — 0.217 — 24.827 0.629 0.990 0.809 0.758 0.892 2.500 — 0.040 15.018 8.408 0.869 0.375 4.270 1.339 0.541 1.949 1.034 0.525 2.196 3.480 0.066 0.747 1.900 — 0.047 5.081 — 0.272 0.280 2.953 0.750 1.410 4.066 — 1.269 0.935 — 5.000 — 1.271 76.125 2.717 0.098 0.264 0.844 0.444 2.392 6.680 2.196 29.434 — 0.302 — 0.769 — 0.513 1.518 16.194 — 1.405 1.478 2.572 4.353 — 1.217 0.279 1.036 0.602 0.065 2.041 0.957 0.045 2.381 — 0.568 — 1.911 1.158 1.203 — — 0.418 5.541 2.130 0.985 0.035 — 0.230 2.207 0.603 1.183 2.311 1.372 14.63 12.17 18.57 — 12.96 — 10.22 17.29 — 17.95 12.26 8.20 9.00 17.16 12.67 12.07 6.10 13.93 — 14.19 12.74 1.41 — 18.32 23.52 — — — 6.01 43.94 30.99 139.29 23.90 — 36.26 10.01 10.17 11.44 14.24 — — 18.36 11.71 8.80 18.36 10.79 19.45 31.29 8.19 8.10 7.16 32.55 22.82 — 14.71 9.41 24.24 — 6.49 203.65 — 10.22 7.96 7.79 15.74 8.37 — 21.10 312.90 16.16 13.33 — — 28.63 10.01 55.56 29.35 15.54 — 22.53 14.56 12.13 12.15 25.93 8.61 — — 21.33 54.17 7.23 18.10 14.95 7.83 16.80 17.93 28.14 — 22.74 — 29.46 — — 7.06 13.60 50.00 12.06 64.94 10.44 — 110.98 8.94 13.06 19.85 — 22.22 — 9.58 11.99 38.89 44.66 1.72 11.29 — 10.43 12.66 13.35 3.07 2.97 1.61 — 4.46 0.46 3.90 5.67 — 3.36 — 1.92 — 5.54 2.65 4.80 1.75 — — 3.65 7.30 — — 2.60 1.72 — — — — 3.20 — — 2.51 — 1.52 1.23 9.21 — 0.80 3.64 — 4.70 3.81 4.60 2.63 — 2.99 — 5.13 3.88 — 0.75 0.71 — — 3.68 — — 2.33 — — — 4.44 — 3.55 1.95 — 3.15 — 4.27 5.20 — 1.00 3.15 4.06 — 1.85 0.94 — 1.78 2.69 4.59 4.73 3.57 — — — — 1.92 2.61 1.54 2.53 1.68 3.02 4.23 0.98 — 1.63 — — — — 4.81 5.21 — 2.10 1.00 — — 2.60 2.61 2.92 5.73 2.17 — 3.60 4.23 3.03 — — 7.96 1.58 — 3.42 2.81 4.35 144.9 433.4 757.5 12.5 448.0 86.2 787.1 14,562.0 22.4 451.5 268.2 41.6 60.0 4,005.0 178.2 552.3 48.0 413.1 20.0 462.2 165.1 99.4 33.7 128.6 3,713.3 52.9 25.0 32.8 24.0 143.6 53.5 34.6 9,140.1 41.2 247.5 69.1 188.0 441.7 1,526.6 500.9 18.7 4,567.7 2,754.4 261.0 309.6 370.0 1,072.0 40.0 171.7 141.4 43.1 2,225.3 835.0 5.8 74.0 76.1 137.8 13.3 500.6 540.3 17.8 47.0 540.0 139.9 183.4 668.8 8.0 698.8 52.8 71.1 3,514.9 21.2 308.0 17,854.8 203.7 30.3 64.4 954.7 101.2 573.6 4,144.2 1,434.2 1,785.9 84.5 23.5 29.7 431.6 123.7 213.4 347.0 19,276.2 49.5 249.3 120.9 790.7 5,404.0 94.3 343.7 34.2 124.8 74.1 32.3 104.0 230.7 88.9 379.7 145.9 348.8 24.8 1,290.2 374.8 360.0 53.4 63.8 98.2 6,495.7 169.5 158.4 94.3 33.4 111.6 416.9 83.2 187.2 311.0 634.8 1.280 0.100 0.495 0.260 0.725 2.020 0.010 — 0.005 — — 0.060 987.7 — 310.1 — — 12.5 1.275 — 0.490 — — 2.015 21.66 — — 17.93 34.04 13.73 1.09 — — — — 5.94 503.8 26.4 72.9 56.8 110.8 41.4 # PE is calculated based on latest 12 months reported Earnings Per Share YEAR LOW DAY HIGH DAY LOW 0.170 0.100 0.135 0.125 0.470 0.325 — — 0.400 0.260 0.370 0.370 4.717 2.167 3.710 3.690 0.485 0.110 — — 0.940 0.610 — — 0.460 0.325 0.340 0.325 1.260 0.620 1.100 1.040 0.360 0.120 0.225 0.195 1.465 0.963 — — 4.542 3.565 3.610 3.600 0.840 0.382 0.760 0.730 0.756 0.543 0.655 0.630 0.700 0.500 — — 1.660 0.510 1.000 0.990 2.480 1.410 1.550 1.500 0.795 0.285 0.450 0.430 0.140 0.090 0.105 0.100 1.434 0.975 1.000 1.000 3.100 2.210 — — 1.960 0.784 1.480 1.430 0.520 0.285 0.290 0.290 0.310 0.175 — — 0.455 0.180 0.205 0.195 5.170 2.000 3.320 3.180 0.190 0.025 0.035 0.030 2.350 1.576 2.010 1.990 1.071 0.823 0.900 0.900 1.690 1.150 1.500 1.490 2.560 1.380 — — 1.500 1.140 — — 2.284 1.234 1.410 1.390 1.680 1.340 — — 1.160 0.640 0.820 0.820 0.090 0.040 0.050 0.050 5.932 3.170 3.390 3.330 0.380 0.130 0.230 0.230 2.817 1.423 1.500 1.460 0.990 0.200 0.745 0.685 1.000 0.605 0.640 0.615 1.450 0.880 1.380 1.340 0.974 0.609 — — 0.440 0.275 0.385 0.380 2.374 1.605 2.080 2.060 0.475 0.250 0.365 0.355 0.308 0.170 0.230 0.220 0.635 0.250 0.315 0.305 0.510 0.395 — — 0.920 0.580 — — 1.536 1.090 1.120 1.100 1.616 0.775 0.865 0.820 0.657 0.243 0.595 0.585 1.260 0.406 0.850 0.830 1.600 1.000 — — 0.920 0.190 0.700 0.630 0.788 0.540 — — 1.683 0.995 1.100 1.050 1.560 0.600 0.850 0.815 1.176 0.918 1.010 1.010 3.210 2.274 2.510 2.490 0.835 0.347 0.500 0.500 2.383 1.977 2.200 2.200 3.090 1.193 1.910 1.850 1.570 1.370 — — 2.970 0.685 1.760 1.620 0.075 0.040 0.045 0.040 0.390 0.180 0.225 0.210 0.130 0.075 0.095 0.090 0.565 0.285 0.330 0.325 0.312 0.173 — — 0.135 0.070 0.105 0.105 1.080 0.805 0.860 0.830 0.750 0.320 0.420 0.410 6.095 3.792 4.220 4.120 3.500 2.640 — — 1.775 1.101 1.240 1.170 0.985 0.706 0.840 0.840 0.525 0.200 0.250 0.230 0.905 0.130 0.180 0.175 1.768 0.918 — — 0.990 0.530 0.720 0.720 0.430 0.285 — — 0.095 0.025 0.025 0.025 3.991 2.852 3.100 3.100 0.130 0.050 0.055 0.050 0.960 0.760 0.810 0.810 2.190 1.371 2.160 2.140 0.370 0.220 0.270 0.245 0.120 0.045 0.075 0.075 0.175 0.135 0.150 0.150 0.280 0.060 — — 1.320 0.920 1.070 1.030 2.830 1.210 2.040 1.960 1.810 1.050 1.110 1.050 0.230 0.145 0.165 0.160 1.290 0.353 0.885 0.810 0.985 0.430 0.510 0.480 3.418 2.911 3.070 3.040 2.516 1.529 — — 0.200 0.070 0.080 0.075 1.873 1.249 1.410 1.360 0.665 0.390 0.415 0.405 2.703 0.937 — — 0.775 0.335 0.385 0.365 9.402 5.839 6.670 6.510 0.600 0.400 — — 5.671 4.235 4.860 4.800 0.506 0.321 0.380 0.380 0.580 0.320 — — 9.636 7.350 7.850 7.750 0.605 0.384 0.555 0.530 0.784 0.443 0.570 0.570 0.586 0.407 0.450 0.425 0.205 0.110 0.120 0.120 0.075 0.025 — — 0.115 0.045 0.050 0.045 0.475 0.220 0.320 0.300 0.360 0.110 0.315 0.295 0.095 0.060 0.075 0.070 4.084 3.056 — — 0.740 0.330 0.510 0.495 0.776 0.495 0.595 0.595 0.590 0.350 — — 0.945 0.652 0.850 0.830 0.430 0.175 0.335 0.315 0.755 0.490 — — 1.571 1.038 1.160 1.150 2.100 1.640 — — 1.340 0.640 0.845 0.830 0.110 0.060 0.090 0.085 1.894 0.967 1.430 1.390 0.665 0.325 0.590 0.590 2.930 2.090 2.600 2.600 2.600 1.040 2.150 2.140 1.150 0.805 — — 0.600 0.210 0.425 0.410 0.200 0.050 — — 0.645 0.100 0.355 0.340 0.705 0.454 0.535 0.520 1.200 0.647 1.130 1.070 1.290 0.890 0.940 0.940 0.095 0.050 0.080 0.075 7.511 5.096 6.540 6.390 1.719 1.540 1.640 1.590 0.735 0.391 0.620 0.615 6.180 3.923 5.830 5.810 0.330 0.090 0.100 0.100 23.160 19.769 21.900 21.480 6.982 2.655 3.800 3.680 13.700 5.305 12.460 12.440 1.400 0.759 1.290 1.250 3.460 1.362 3.360 3.240 0.650 0.430 0.500 0.480 0.480 0.340 0.345 0.340 1.170 0.650 0.850 0.840 0.380 0.300 0.310 0.310 0.625 0.400 0.560 0.560 1.180 0.450 1.120 1.120 0.190 0.090 0.100 0.090 1.700 1.300 1.480 1.480 0.950 0.690 0.840 0.800 6.330 5.620 5.960 5.950 0.520 0.224 0.410 0.410 0.960 0.633 0.750 0.735 CODE 7146 5198 2682 7609 9954 2674 4758 6556 9342 5568 5015 7214 7162 7099 7181 8133 7005 7187 0168 6297 5100 9938 7221 7188 5105 5229 7076 2879 7171 8435 8044 5007 5797 8052 7018 2852 7986 5071 7195 2127 5094 7157 5082 8125 8176 7114 5835 5835PA 5265 7169 1619 7233 8907 9016 7217 7773 5101 7249 2984 7229 0149 3107 5197 3611 7197 5220 7192 7096 5649 0136 7077 3247 5151 5168 7105 5095 3298 5072 5199 7033 8443 5165 2739 5000 9601 9687 7222 7183 7223 8648 2747 7043 7167 4383 0054 7199 6211 3522 5371 5060 9466 7164 6971 7017 7153 7130 3476 5192 8362 3794 9326 5092 5232 8745 3581 2887 4235 9881 5068 9199 5098 7029 8095 5152 3778 5223 8192 6149 5001 7219 5576 7595 5916 3883 7004 5087 7002 5025 4944 7140 5065 7225 5183 5271 9997 5436 5146 6033 3042 7095 7172 8869 6637 8117 8273 9458 9873 7168 7123 7544 7498 7765 7232 7803 COUNTER AEM AFUJIYA AISB AJIYA AKNIGHT ALCOM ANCOM ANNJOO ANZO APB APM ARANK ASTINO ATTA ATURMJU BHIC BIG BKOON BOILERM BOXPAK BPPLAS BRIGHT BSLCORP BTM CANONE CAP CBIP CCM CENBOND CEPCO CFM CHINWEL CHOOBEE CICB CME CMSB CNASIA COASTAL COMCORP COMFORT CSCSTEL CYL CYMAO DAIBOCI DENKO DNONCE DOLMITE DOLMITE-PA DOLPHIN DOMINAN DRBHCOM DUFU EG EKSONS EMETALL EPMB EVERGRN EWEIN FACBIND FAVCO FIBON FIMACOR FLBHD GBH GESHEN GLOTEC GOODWAY GPA GPHAROS GREENYB GSB GUH HALEX HARTA HCK HEVEA HEXZA HIAPTEK HIBISCS HIGHTEC HIL HOKHENG HUAAN HUMEIND HWGB IDEALUBB IMASPRO IRETEX JADI JASKITA JAVA JMR JOHOTIN JTIASA KARYON KEINHIN KIALIM KIANJOO KIMHIN KINSTEL KKB KNM KOBAY KOMARK KOSSAN KPOWER KSENG KSSC KYM LAFMSIA LBALUM LCTH LEONFB LEWEKO LIONCOR LIONDIV LIONIND LSTEEL LUSTER LYSAGHT MASTEEL MASTER MAYPAK MBL MELEWAR MENTIGA MERCURY METROD MIECO MINETEC MINHO MLGLOBAL MSC MUDA MULTICO MYCRON NAKA NWP NYLEX OKA ORNA PA PCHEM PECCA PENSONI PERSTIM PERWAJA PETGAS PETRONM PIE PMBTECH PMETAL PNEPCB POLY PPHB PREMIER PRESTAR PRG PWORTH QUALITY RALCO RAPID RESINTC RUBEREX CLOSING (RM) 0.135 0.470 0.370 3.700 0.155 0.810 0.340 1.070 0.225 1.000 3.600 0.760 0.655 0.540 0.995 1.550 0.430 0.100 1.000 2.450 1.470 0.290 0.310 0.195 3.220 0.035 2.000 0.900 1.490 1.600 1.140 1.390 1.390 0.820 0.050 3.350 0.230 1.480 0.735 0.640 1.370 0.855 0.380 2.080 0.355 0.225 0.315 0.510 0.580 1.120 0.845 0.595 0.845 1.000 0.675 0.580 1.090 0.830 1.010 2.510 0.500 2.200 1.860 1.400 1.740 0.040 0.220 0.095 0.330 0.230 0.105 0.860 0.420 4.200 2.800 1.220 0.840 0.230 0.175 1.030 0.720 0.325 0.025 3.100 0.055 0.810 2.160 0.270 0.075 0.150 0.085 1.030 2.030 1.100 0.165 0.865 0.510 3.070 1.710 0.075 1.360 0.405 1.190 0.380 6.650 0.420 4.860 0.380 0.340 7.760 0.555 0.570 0.450 0.120 0.030 0.050 0.310 0.310 0.075 3.480 0.505 0.595 0.510 0.850 0.325 0.525 1.160 1.800 0.845 0.090 1.430 0.590 2.600 2.150 0.815 0.425 0.080 0.350 0.530 1.120 0.940 0.075 6.500 1.610 0.620 5.810 0.100 21.780 3.680 12.440 1.260 3.350 0.500 0.345 0.850 0.310 0.560 1.120 0.090 1.480 0.840 5.950 0.410 0.745 +/– (RM) VOL (‘000) UNCH 1965.4 — — UNCH 70 -0.050 32.2 — — — — UNCH 26.9 UNCH 322 0.015 2722 — — -0.030 27.6 UNCH 234.7 0.010 477.5 — — -0.005 682.6 0.050 7.2 -0.020 27.5 -0.015 1050 UNCH 80 — — 0.020 51.1 -0.010 30.5 — — -0.015 260.8 UNCH 161.2 0.005 6110.4 0.010 761.5 -0.005 2 -0.010 22.9 — — — — -0.040 1035.8 — — 0.040 6 -0.005 257 -0.060 596.7 -0.010 0.5 -0.010 159.7 0.020 8416.3 0.005 422 0.010 780.6 — — -0.005 12 UNCH 17 -0.010 300.1 -0.005 373.9 UNCH 84.9 — — — — -0.010 73.3 0.010 4784.6 0.005 2001 -0.010 755.5 — — 0.010 3615.5 — — 0.010 713.4 -0.010 189.6 UNCH 30 -0.010 158 0.005 8 -0.010 4.6 -0.030 677.1 — — 0.100 409.3 -0.005 5278.6 -0.005 179.4 UNCH 71 0.005 20 — — UNCH 100 0.030 69 UNCH 55 0.020 212.1 — — 0.030 1309.1 UNCH 20 -0.015 14200.8 -0.005 376 — — UNCH 25 — — UNCH 593 0.010 55 UNCH 751 UNCH 12 0.010 179.2 0.020 37 UNCH 1154.4 UNCH 590 — — -0.050 75.1 0.030 580.1 0.040 847.7 UNCH 71 -0.120 2177.9 0.005 100.4 0.010 24.4 — — UNCH 417.8 -0.020 154.5 -0.010 24541.8 — — -0.005 315.1 0.050 157.1 — — 0.060 5.1 0.020 1 — — -0.230 472 0.010 241.1 0.010 6 0.015 105.6 0.005 99.6 — — 0.005 244.1 UNCH 2148.5 0.010 271 UNCH 4828.1 — — -0.010 1210.3 UNCH 24.2 — — -0.005 94 UNCH 677.5 — — 0.010 9 — — UNCH 558.8 0.005 604 0.030 49.5 UNCH 7.9 UNCH 34 0.040 48.2 — — UNCH 780.1 — — -0.005 1689.8 0.010 91 0.010 273.7 -0.015 24 -0.005 150 0.060 1040.1 -0.030 406.3 UNCH 184 UNCH 18.6 -0.005 150 0.180 290.9 -0.220 490.9 UNCH 16.8 0.010 18.1 -0.010 2286.1 0.030 42.6 UNCH 3.2 UNCH 11 UNCH 453.9 0.005 20.7 UNCH 10 -0.005 872 0.090 0.5 0.050 15.1 UNCH 496 -0.010 24.9 UNCH 31.7 VWAP* (RM) PE# (X) DY (%) 0.130 — — 20.00 0.370 — 3.696 12.73 — — — 68.07 0.334 27.87 1.085 — 0.211 — — 133.33 3.601 13.53 0.746 7.20 0.646 8.01 — — 0.996 — 1.514 — 0.448 7.73 0.100 — 1.000 16.78 — 18.13 1.467 11.40 0.290 — — — 0.198 — 3.232 7.94 0.030 1.25 2.001 12.48 0.900 13.16 1.494 12.07 — 4.79 — — 1.397 6.92 — 31.10 0.820 — 0.050 — 3.366 18.76 0.230 — 1.473 8.90 0.727 7.62 0.632 12.31 1.366 9.10 — 14.39 0.381 — 2.074 24.44 0.360 11.20 0.225 — 0.308 — — — — 2.25 1.111 13.91 0.847 — 0.591 6.98 0.841 4.08 — — 0.672 6.50 — — 1.078 9.24 0.825 11.87 1.010 17.84 2.498 6.57 0.500 10.27 2.200 10.36 1.868 6.05 — 933.33 1.711 11.28 0.045 — 0.220 — 0.094 — 0.328 — — 12.11 0.105 — 0.847 29.25 0.412 — 4.171 26.72 — 19.02 1.218 6.57 0.840 11.13 0.237 — 0.176 — — 6.73 0.720 12.70 — 29.55 0.025 — 3.100 23.79 0.055 — 0.810 — 2.153 21.01 0.261 — 0.075 12.71 0.150 — — — 1.054 55.98 1.996 10.63 1.084 19.16 0.162 25.78 0.861 8.54 0.500 20.00 3.053 11.87 — 10.58 0.077 — 1.370 — 0.409 31.64 — 11.64 0.376 — 6.628 20.41 — — 4.824 22.92 0.380 33.33 — — 7.810 33.30 0.538 11.01 0.570 8.92 0.431 11.19 0.120 — — — 0.045 — 0.308 — 0.305 — 0.071 — — 10.90 0.502 — 0.595 10.70 — — 0.839 10.14 0.324 9.97 — — 1.152 9.38 — 8.93 0.843 3.81 0.088 — 1.415 11.99 0.590 4.86 2.600 11.32 2.148 20.44 — — 0.419 3.46 — — 0.347 — 0.523 14.76 1.103 8.47 0.940 11.49 0.077 — 6.447 19.23 1.624 — 0.616 4.12 5.825 11.33 0.100 — 21.760 21.71 3.709 5.50 12.441 23.30 1.266 11.67 3.321 23.67 0.491 — 0.343 12.64 0.846 6.57 0.310 68.89 0.560 8.74 1.120 20.29 0.094 23.08 1.480 15.37 0.828 20.44 5.951 — 0.410 12.89 0.743 10.84 — — — 1.62 — 6.17 — 2.80 — 6.50 5.42 2.96 2.98 — — — — — 1.75 — 3.40 — — — 1.24 — 3.00 4.17 4.03 — — 5.64 2.88 2.13 — 1.34 — 2.70 — — 5.84 7.02 — 2.83 — — — — — 3.24 7.10 5.21 — — — 1.72 0.92 0.60 2.48 5.98 2.10 5.68 8.06 10.71 — — — — — 3.26 — 5.81 — 1.90 — 2.25 5.36 1.30 — 3.40 2.08 — — 0.97 — — 1.62 — — 2.00 — 2.91 1.97 0.91 2.42 1.16 — 0.65 3.51 — 2.94 — 2.52 — 1.80 — 2.06 2.11 — 3.35 3.60 7.02 3.33 — — — — — — 4.31 1.29 1.68 — 3.53 — 1.90 5.17 3.33 — — — — — 1.40 — — — — 3.77 2.68 2.66 — 2.77 — 5.65 6.54 — 2.75 5.43 0.96 3.17 2.24 — — — — 3.57 0.89 — — — — 6.10 4.03 MKT CAP (MIL) 34.2 84.6 48.8 281.7 9.0 108.8 74.4 559.3 67.2 112.9 725.8 91.2 179.5 38.3 60.8 385.1 20.7 27.7 516.0 147.1 275.9 47.6 30.4 24.4 618.7 47.7 1,076.5 411.9 178.8 71.6 46.7 416.4 152.8 37.5 22.1 3,599.2 10.4 786.8 102.9 357.6 520.6 85.5 28.5 568.4 37.1 40.6 84.6 6.3 128.8 184.8 1,633.6 104.4 178.8 164.2 115.5 96.3 922.6 184.2 86.0 553.9 49.0 539.6 192.0 261.2 139.2 215.3 24.3 93.1 44.4 76.8 55.4 239.0 44.5 6,892.5 155.2 563.1 168.3 165.2 212.2 41.8 200.7 26.0 28.1 1,485.2 49.9 89.5 172.8 36.0 70.6 67.4 14.7 130.6 189.4 1,071.1 78.5 85.6 31.6 1,363.6 266.1 78.7 350.6 873.2 81.0 47.4 4,252.5 23.7 1,756.8 36.5 51.0 6,593.6 137.9 205.2 139.5 38.6 39.5 69.6 222.6 39.7 129.9 144.7 123.5 32.5 21.4 78.2 73.7 36.8 46.6 216.0 177.5 59.9 157.1 52.9 260.0 655.9 36.2 120.5 4.4 112.0 103.0 177.8 70.7 71.0 52,000.0 302.7 80.4 577.0 56.0 43,096.8 993.6 955.5 100.8 4,355.9 65.7 55.2 93.4 104.5 102.0 165.8 58.9 85.8 35.3 520.4 56.3 170.8 26 Markets T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY T UE BURSA MAL AYSIA MAIN MARKET YEAR HIGH YEAR LOW DAY HIGH DAY LOW 4.200 3.154 — — 8.280 4.360 7.650 7.440 1.243 0.777 0.900 0.895 1.870 1.130 1.350 1.280 3.650 3.090 3.420 3.260 0.990 0.660 — — 13.600 6.526 12.120 12.000 0.550 0.280 0.300 0.295 0.320 0.225 — — 1.350 0.526 0.860 0.860 0.350 0.200 0.240 0.210 0.770 0.290 0.300 0.300 6.350 2.600 3.080 2.990 0.673 0.353 — — 0.710 0.480 — — 1.556 1.140 1.180 1.140 2.850 1.163 2.850 2.790 0.818 0.587 0.705 0.705 1.170 0.690 0.960 0.910 0.425 0.200 0.350 0.350 2.240 1.480 — — 2.504 1.276 2.280 2.180 2.320 1.189 2.250 2.150 3.501 1.879 2.140 2.030 4.730 2.571 3.160 3.120 0.405 0.217 0.405 0.385 0.830 0.345 0.345 0.345 15.260 13.376 14.600 14.600 15.240 14.372 — — 0.190 0.080 0.110 0.110 0.455 0.215 — — 2.210 0.700 1.120 1.110 1.720 0.685 — — 0.495 0.220 0.305 0.300 4.140 1.650 4.080 3.940 3.064 1.468 1.990 1.950 0.800 0.610 — — 2.322 1.186 1.880 1.870 2.190 1.581 1.950 1.930 7.030 4.500 4.800 4.600 0.745 0.520 — — 0.270 0.140 0.170 0.170 1.670 1.237 1.630 1.600 6.860 3.225 6.700 6.500 1.332 0.681 1.200 1.180 1.700 0.610 1.330 1.220 1.633 1.130 1.180 1.160 1.408 0.635 0.680 0.660 0.400 0.275 0.340 0.340 2.150 1.377 1.480 1.430 2.823 1.735 1.920 1.860 0.650 0.490 0.580 0.565 0.580 0.405 0.495 0.450 2.351 2.007 — — 1.506 0.869 1.030 0.990 1.391 0.830 1.020 1.010 1.080 0.790 0.830 0.830 0.300 0.160 0.195 0.190 0.800 0.500 0.500 0.500 CONSTRUCTION 0.560 0.260 — — 0.175 0.100 0.125 0.120 0.775 0.505 0.645 0.620 0.809 0.511 — — 0.680 0.465 0.510 0.495 0.530 0.330 0.370 0.360 1.044 0.825 0.840 0.825 1.150 0.840 0.965 0.960 1.859 1.540 — — 1.470 0.737 1.360 1.310 1.740 0.835 1.510 1.470 0.625 0.330 0.520 0.520 2.580 1.100 2.050 2.010 5.000 3.665 4.820 4.750 1.148 0.780 0.955 0.940 1.240 0.770 0.790 0.770 1.240 1.240 — — 1.290 1.290 — — 2.115 1.582 1.660 1.620 3.566 2.786 3.400 3.310 0.835 0.540 0.705 0.690 0.720 0.480 — — 1.280 0.685 0.910 0.900 0.385 0.195 — — 2.160 1.170 2.010 1.960 1.050 0.740 0.940 0.920 1.960 1.050 1.780 1.740 1.540 1.090 — — 1.131 0.663 — — 0.450 0.285 0.305 0.305 1.390 1.020 1.320 1.270 0.370 0.190 — — 1.520 0.840 1.080 1.030 2.520 1.497 2.190 2.120 0.638 0.330 0.345 0.345 1.489 1.160 — — 1.815 1.324 1.620 1.600 0.190 0.110 0.120 0.115 3.729 2.839 3.400 3.380 1.041 0.480 0.490 0.480 1.720 0.954 1.550 1.510 0.510 0.300 0.315 0.300 0.513 0.259 0.390 0.380 1.850 0.845 1.850 1.810 0.748 0.438 — — 1.737 1.069 1.550 1.520 0.865 0.555 0.650 0.635 0.350 0.150 0.155 0.150 TRADING SERVICES 0.415 0.150 0.360 0.350 0.543 0.240 0.255 0.240 3.124 2.434 2.570 2.550 0.245 0.135 0.220 0.210 2.730 0.751 2.620 2.550 6.915 4.187 6.490 6.330 0.585 0.320 0.340 0.325 0.145 0.075 0.125 0.105 10.550 8.700 8.750 8.700 2.780 1.518 — — 0.345 0.045 0.050 0.045 1.200 0.650 0.690 0.665 0.150 0.105 0.115 0.110 2.996 2.351 2.830 2.760 5.300 4.160 — — 0.845 0.280 0.795 0.760 6.614 5.071 5.540 5.410 0.350 0.203 0.240 0.240 1.060 0.640 0.655 0.645 0.599 0.335 0.415 0.410 0.405 0.195 0.215 0.210 7.128 6.292 — — 1.530 1.080 1.390 1.350 2.669 1.740 2.270 2.160 0.440 0.336 0.360 0.345 2.614 1.570 1.750 1.690 0.855 0.610 0.700 0.665 0.480 0.360 — — 3.427 2.823 2.950 2.910 0.215 0.119 0.150 0.140 1.170 0.555 0.915 0.900 3.904 2.560 2.620 2.560 0.990 0.370 0.380 0.380 2.140 1.020 1.710 1.650 3.872 2.355 3.120 3.030 1.066 0.697 0.875 0.830 0.508 0.332 — — 0.600 0.385 0.415 0.415 0.105 0.060 0.075 0.065 0.910 0.650 0.770 0.750 0.055 0.035 0.040 0.035 2.040 1.356 1.860 1.800 0.125 0.065 0.070 0.065 2.350 0.990 1.060 1.020 1.424 0.870 1.070 1.060 0.680 0.480 0.560 0.555 1.668 1.276 1.530 1.510 4.943 3.438 3.720 3.700 1.684 0.989 1.240 1.210 0.385 0.230 — — 0.955 1.463 0.732 1.000 0.370 0.210 — — 0.320 0.195 0.200 0.195 3.980 2.718 3.400 3.340 0.366 0.178 0.275 0.260 * Volume Weighted Average Price CODE COUNTER CLOSING (RM) +/– (RM) VOL (‘000) VWAP* (RM) PE# (X) DY (%) MKT CAP (MIL) YEAR HIGH — 7.549 0.897 1.318 3.377 — 12.100 0.300 — 0.860 0.229 0.300 3.035 — — 1.154 2.829 0.705 0.935 0.350 — 2.231 2.220 2.102 3.142 0.395 0.345 14.600 — 0.110 — 1.114 — 0.304 4.018 1.968 — 1.874 1.944 4.719 — 0.170 1.618 6.638 1.193 1.289 1.173 0.668 0.340 1.461 1.895 0.571 0.454 — 1.023 1.011 0.830 0.195 0.500 21.31 10.34 8.45 10.85 19.20 — 11.63 — 16.55 50.29 — — 2.49 9.54 — 15.33 25.27 — — — — 9.78 10.83 11.91 8.04 2.91 — 19.63 — — — 5.36 — — 9.03 5.10 27.82 12.05 39.59 15.04 46.48 20.24 12.99 31.13 10.62 — 18.87 — — 7.23 17.09 — 20.04 14.32 8.14 14.01 15.90 — — 1.29 1.97 6.67 4.48 3.03 — 2.07 — — 3.49 — 6.67 — 2.73 — 1.70 1.05 3.55 — — — 3.51 2.49 1.88 3.98 — — 7.53 7.22 — — — — — 2.23 9.09 — 4.47 5.15 2.50 1.52 — 6.51 1.82 2.50 — 5.04 4.51 — 2.03 4.84 — — 4.65 2.42 1.64 2.41 — — 531.3 956.6 65.5 424.8 450.1 51.5 2,788.7 26.3 83.8 202.3 120.0 24.0 912.0 82.5 25.2 1,315.9 704.9 31.6 402.6 31.5 319.8 273.6 176.8 1,448.7 1,396.8 193.4 62.1 1,804.9 5.1 17.1 19.6 44.5 53.7 45.9 424.2 191.1 61.4 308.7 247.2 6,022.7 70.6 38.9 713.6 955.4 96.0 150.2 1,375.7 515.3 28.7 197.3 630.2 53.2 19.8 516.0 495.8 340.6 132.8 67.9 50.7 1.097 1.567 1.380 0.802 0.625 1.519 0.280 0.330 2.524 1.800 4.640 9.900 1.880 0.480 2.760 0.070 0.410 7.790 1.412 3.429 0.015 0.470 6.790 0.882 1.380 1.969 0.335 0.450 0.395 1.943 0.375 1.827 4.379 1.499 0.650 0.305 0.410 0.350 0.735 1.881 2.620 1.766 0.165 6.970 1.080 3.401 1.450 1.485 0.730 0.950 2.243 1.340 9.171 2.512 0.524 0.100 0.205 0.362 2.380 0.930 0.110 0.937 0.860 1.880 0.145 2.750 0.491 0.715 1.700 1.410 0.115 1.381 1.570 0.490 0.240 7.047 25.957 0.250 6.948 0.250 0.415 4.308 3.259 3.310 1.150 0.200 0.450 0.828 0.917 0.660 0.145 2.429 0.235 0.395 1.310 1.395 1.689 8.808 0.888 2.469 1.530 2.650 3.094 0.210 2.608 0.435 1.639 2.123 14.496 1.850 0.475 0.260 6.961 0.855 1.500 0.550 2.858 1.091 2.989 1.800 1.430 0.700 2.600 0.815 2.938 0.545 4.410 1.438 0.070 3.177 0.985 1.710 FINANCE 13.663 2.694 4.298 11.777 12.300 6.071 1.911 4.180 8.950 5.470 0.500 1.298 13.760 10.100 15.522 2.640 0.868 0.915 0.185 2.700 0.705 15.980 1.280 2.980 8.886 1.461 0.120 4.100 1.810 1.455 19.380 5134 9822 7811 5170 7247 9237 4731 7239 7366 7073 5145 5163 4324 5181 7115 7155 7248 7132 5665 7143 6904 7207 7235 7106 5012 4022 5149 4448 4448P 5178 7097 7439 9741 6378 7034 7374 7854 7285 5010 7113 7173 4359 7100 7133 7227 4995 6963 5142 7226 7111 7231 7050 7025 5009 4243 7245 5048 7020 7014 SAB SAM SAPIND SCABLE SCGM SCIB SCIENTX SCNWOLF SCOMIEN SEACERA SEALINK SEB SHELL SIGGAS SKBSHUT SKPRES SLP SMISCOR SSTEEL STONE SUBUR SUCCESS SUPERLN SUPERMX TAANN TADMAX TAS TASEK TASEK-PA TATGIAP TAWIN TECGUAN TECNIC TEKALA TGUAN TIENWAH TIMWELL TOMYPAK TONGHER TOPGLOV TOYOINK TURIYA UCHITEC ULICORP UMSNGB VERSATL VS WASEONG WATTA WEIDA WELLCAL WONG WOODLAN WTHORSE WTK WZSATU YILAI YKGI YLI 3.880 7.600 0.900 1.340 3.410 0.700 12.100 0.300 0.245 0.860 0.240 0.300 3.040 0.440 0.630 1.150 2.850 0.705 0.960 0.350 1.530 2.280 2.210 2.130 3.140 0.395 0.345 14.600 15.240 0.110 0.305 1.110 1.330 0.300 4.030 1.980 0.690 1.880 1.940 4.800 0.660 0.170 1.620 6.580 1.200 1.280 1.170 0.665 0.340 1.480 1.900 0.580 0.495 2.150 1.030 1.020 0.830 0.195 0.500 — 0.080 -0.025 0.030 0.010 — 0.080 UNCH — UNCH -0.005 -0.050 0.040 — — -0.040 0.030 -0.035 UNCH -0.005 — UNCH -0.040 0.080 -0.010 0.010 -0.005 UNCH — -0.005 — -0.040 — -0.005 -0.030 UNCH — UNCH -0.020 0.170 — 0.005 0.020 -0.120 UNCH -0.050 -0.010 -0.020 0.010 UNCH -0.020 UNCH 0.045 — 0.020 UNCH UNCH -0.005 UNCH — 254.4 1.5 121.6 165.3 — 144.3 18 — 42.3 93 3 68.8 — — 3835 36.1 2.5 14.1 127.5 — 656.6 840.1 3992.5 713.8 3648.5 71.1 6.8 — 113 — 10 — 36 620.9 163.6 — 201.6 117.3 3931.3 — 28 623.6 96.5 16 170 2352.8 261.2 20 86 309.1 87 1.1 — 344.9 97.5 10 73 5 7007 7070 7078 6173 5190 5932 8761 8591 7528 5253 8877 7047 9261 5398 5226 5169 5169PA 5169PB 6238 3336 5268 8834 4723 9083 7161 3565 5171 9628 5129 5006 9571 5924 5085 5703 8311 7055 5070 7145 9598 5205 5263 9717 5054 5622 5042 9679 7028 2283 ARK ASUPREM AZRB BDB BENALEC BPURI BREM CRESBLD DKLS ECONBHD EKOVEST FAJAR GADANG GAMUDA GBGAQRS HOHUP HOHUP-PA HOHUP-PB HSL IJM IKHMAS IREKA JAKS JETSON KERJAYA KEURO KIMLUN LEBTECH MELATI MERGE MITRA MTDACPI MUDAJYA MUHIBAH PESONA PLB PRTASCO PSIPTEK PTARAS SENDAI SUNCON SYCAL TRC TRIPLC TSRCAP WCT ZECON ZELAN 0.305 0.125 0.635 0.660 0.510 0.370 0.825 0.960 1.740 1.340 1.500 0.520 2.050 4.800 0.945 0.775 1.240 1.290 1.650 3.400 0.695 0.485 0.910 0.210 2.010 0.920 1.770 1.540 0.725 0.305 1.280 0.260 1.050 2.180 0.345 1.360 1.620 0.120 3.400 0.485 1.550 0.315 0.380 1.810 0.515 1.520 0.635 0.155 — UNCH 0.005 — 0.015 0.005 -0.015 -0.005 — 0.020 0.040 -0.010 UNCH -0.020 -0.015 -0.015 — — UNCH -0.040 -0.010 — -0.010 — UNCH -0.015 -0.020 — — 0.015 -0.050 — 0.010 -0.020 -0.005 — 0.010 UNCH UNCH -0.005 UNCH -0.005 -0.010 -0.040 — -0.020 -0.010 -0.005 — 194.2 1113.4 — 1171 363.6 291.4 188.2 — 470.6 628.3 26 409.8 1939.8 560 269.8 — — 75.7 7221.7 216.4 — 1155.2 — 656.9 558.1 274.3 — — 15 2030.9 — 130.1 59.6 17 — 164.4 155.1 28.5 391.9 1267.8 686.7 179.8 121.6 — 1660.3 348 247 — 57.55 0.122 — 0.637 12.93 — 7.68 0.504 27.57 0.365 24.83 0.831 16.50 0.961 19.16 — 7.82 1.335 11.13 1.494 44.38 0.520 20.55 2.027 5.03 4.785 18.10 0.946 — 0.779 3.89 — — — — 1.643 12.44 3.363 15.25 0.697 11.96 — — 0.904 10.68 — 700.00 2.002 6.06 0.928 34.20 1.761 9.23 — — — 6.94 0.305 17.94 1.289 8.79 — — 1.049 23.65 2.179 12.02 0.345 15.20 — 21.86 1.613 8.10 0.115 11.32 3.393 22.82 0.482 — 1.533 16.45 0.313 8.63 0.382 1.21 1.838 14.17 — 18.20 1.539 9.58 0.639 — 0.155 — — — 3.15 6.06 0.59 5.41 3.64 4.17 1.72 2.61 1.33 2.40 2.44 2.50 — — 2.02 1.16 1.45 2.06 1.44 — — — 1.49 — 3.28 — 2.41 — 3.91 — — 2.29 2.90 3.68 5.56 — 5.59 1.03 2.58 — 1.71 — 1.73 1.97 — — 14.0 36.5 307.0 200.5 414.0 88.5 285.0 169.8 161.3 716.9 1,283.2 188.6 530.2 11,599.8 369.4 270.5 9.7 23.3 961.4 12,237.2 361.4 82.9 398.9 39.5 1,018.7 922.5 532.0 210.2 87.0 20.4 839.2 60.2 580.0 1,033.6 225.6 124.1 549.7 38.0 556.0 375.4 2,004.0 100.9 182.6 120.6 89.8 1,911.9 75.6 131.0 5238 5166 6599 7315 5099 5014 5115 0159 6351 7083 5194 5210 1481 6399 7048 7579 6888 5021 7251 7241 6998 5032 5275 5248 3395 5196 4219 6025 1562 7036 9474 2771 5257 5245 2925 7117 7209 7016 5104 5136 5037 5184 0091 5141 5132 7212 7277 5908 5216 2097 5259 5036 7471 1368 0064 AAX AEGB AEON AHB AIRASIA AIRPORT ALAM AMEDIA AMWAY ANALABS APFT ARMADA ASB ASTRO ATLAN AWC AXIATA AYS BARAKAH BHS BINTAI BIPORT BISON BJAUTO BJCORP BJFOOD BJLAND BJMEDIA BJTOTO BORNOIL BRAHIMS BSTEAD CARIMIN CARING CCB CENTURY CHEETAH CHUAN CNI COMPLET COMPUGT CYPARK DAYA DAYANG DELEUM DESTINI DIALOG DKSH DSONIC EASTLND EATECH EDARAN EDEN EDGENTA EFFICEN 0.355 0.250 2.570 0.215 2.570 6.490 0.335 0.110 8.710 2.190 0.050 0.680 0.110 2.800 5.080 0.795 5.500 0.240 0.655 0.415 0.210 6.630 1.380 2.240 0.360 1.740 0.700 0.400 2.930 0.150 0.910 2.600 0.380 1.710 3.040 0.865 0.470 0.415 0.075 0.750 0.040 1.860 0.070 1.050 1.060 0.555 1.520 3.700 1.230 0.250 1.000 0.270 0.195 3.340 0.265 -0.010 UNCH UNCH UNCH -0.040 0.120 UNCH UNCH -0.090 — UNCH -0.005 -0.005 0.020 — 0.015 UNCH -0.015 UNCH -0.010 -0.005 — UNCH 0.060 0.005 0.030 UNCH — -0.010 0.005 -0.015 -0.010 UNCH -0.010 -0.040 0.015 — UNCH 0.005 -0.010 UNCH 0.010 UNCH 0.010 UNCH -0.010 -0.030 -0.020 -0.020 — UNCH — -0.005 -0.110 0.005 14066.9 98.6 80.2 400.7 20159.5 493 1543.5 6212.2 6.8 — 6504.9 32702.2 166 533.9 — 9409 2432 49.9 142.6 192 169.9 — 177 4641.3 7011.2 216.2 9 — 619 24217.1 327.3 312.8 40 13.5 11.2 1714.5 — 12.1 6.1 20.6 1135 40.8 4903.3 527.8 68.5 253 5359.9 7.3 1159.8 — 200.5 — 88 7.1 175 0.355 — 0.246 — 2.555 32.00 0.215 18.86 2.584 5.65 6.479 — 0.330 13.73 0.115 — 8.713 31.72 — 10.40 0.045 — 0.678 — 0.113 — 2.801 22.56 — 29.92 0.779 14.78 5.482 20.43 0.240 11.06 0.649 107.38 0.415 — 0.210 — — 23.06 1.373 — 2.209 12.91 0.354 — 1.723 27.62 0.696 — — — 2.930 12.90 0.148 19.48 0.902 — 2.600 — 0.380 — 1.694 51.82 3.048 5.57 0.867 11.10 — 33.57 0.415 — 0.065 — 0.751 5.64 0.038 30.77 1.810 8.87 0.067 — 1.045 8.27 1.060 9.83 0.557 16.97 1.521 27.74 3.710 16.26 1.228 26.28 — — 0.977 12.85 — — 0.199 — 3.382 15.58 0.266 4.10 — 40.00 1.56 — 1.56 1.31 — — 4.02 1.37 — 1.21 2.27 4.70 5.41 — 3.64 4.17 3.05 — — 3.32 — 4.20 2.78 3.16 — — 5.63 — — 7.31 — 1.17 1.64 4.62 1.60 1.37 4.00 4.00 — 2.69 — 6.67 5.19 — 1.45 2.57 2.44 — 2.25 — — 4.49 — 1,472.6 102.5 3,608.3 34.4 7,152.2 10,768.2 309.7 26.3 1,431.8 131.5 21.7 3,989.1 73.0 14,574.0 1,288.5 207.4 48,528.7 91.3 540.3 173.9 45.1 3,049.8 427.9 2,569.6 1,689.5 658.2 3,500.2 94.0 3,958.5 449.4 215.0 3,764.4 88.9 372.3 306.3 330.8 60.0 70.0 54.0 91.8 85.4 470.5 129.7 921.0 424.0 543.0 8,009.6 583.3 1,660.5 61.4 504.0 16.2 60.7 2,777.6 187.9 # PE is calculated based on latest 12 months reported Earnings Per Share YEAR LOW DAY HIGH DAY LOW 0.810 — — 1.047 1.130 1.130 0.970 1.150 1.110 0.481 0.585 0.560 0.410 0.420 0.410 1.160 1.180 1.180 0.130 0.135 0.130 0.110 — — 1.852 2.290 2.290 0.815 1.540 1.510 3.722 4.380 4.290 6.510 8.030 7.810 1.034 1.820 1.790 0.380 0.415 0.400 1.773 2.700 2.650 0.060 — — 0.265 0.270 0.270 4.433 7.700 7.580 0.885 0.930 0.885 2.800 3.100 3.090 0.005 0.010 0.005 0.250 0.355 0.345 5.320 6.520 6.470 0.683 0.740 0.740 0.920 — — 1.442 1.710 1.700 0.205 0.250 0.235 0.315 — — 0.290 — — 1.638 1.840 1.820 0.230 0.255 0.255 1.250 — — 3.904 4.250 4.190 0.940 0.950 0.940 0.350 0.535 0.515 0.155 0.155 0.155 0.232 0.355 0.335 0.180 — — 0.500 — — 0.940 1.430 1.400 2.190 2.300 2.260 1.151 1.600 1.570 0.127 0.150 0.150 5.312 5.840 5.710 0.510 0.820 0.785 1.914 2.000 1.950 0.710 — — 0.962 1.400 1.370 0.468 0.715 0.710 0.600 0.620 0.600 1.608 1.750 1.730 0.875 1.110 1.070 6.880 7.380 7.270 1.462 2.000 1.940 0.320 0.335 0.335 0.060 0.070 0.070 0.155 0.160 0.160 0.235 0.245 0.240 1.241 1.990 1.860 0.560 — — 0.065 0.080 0.070 0.651 — — 0.583 0.805 0.795 1.207 1.830 1.780 0.085 0.095 0.090 1.646 1.970 1.890 0.378 0.430 0.430 0.445 0.590 0.565 0.810 0.825 0.810 0.896 1.120 1.090 0.055 0.060 0.060 0.816 1.250 1.230 1.400 — — 0.225 0.235 0.225 0.135 0.155 0.155 4.798 6.520 6.420 18.503 23.360 22.940 0.030 — — 5.139 5.510 5.510 0.140 0.150 0.150 0.205 — — 2.040 2.560 2.500 1.559 2.010 1.910 2.170 2.200 2.170 0.790 0.860 0.790 0.100 0.165 0.160 0.340 — — 0.528 0.590 0.575 0.591 0.770 0.765 0.400 — — 0.090 — — 1.529 2.250 2.180 0.135 0.155 0.150 0.190 0.200 0.190 0.968 — — 1.160 1.250 1.200 1.293 1.360 1.350 6.485 7.480 7.400 0.700 0.700 0.700 1.290 1.340 1.290 1.280 1.330 1.300 2.206 — — 2.380 — — 0.095 0.105 0.095 1.820 1.950 1.820 0.330 0.335 0.335 1.175 1.390 1.380 1.471 — — 10.030 14.020 13.900 1.229 — — 0.280 0.305 0.280 0.090 0.095 0.090 5.792 6.800 6.700 0.460 0.835 0.795 0.882 1.450 1.360 0.330 — — 2.540 — — 0.854 — — 2.218 — — 0.860 0.930 0.905 1.130 — — 0.455 — — 1.560 1.930 1.860 0.375 0.700 0.700 2.086 2.300 2.140 0.410 — — 3.566 4.240 4.200 0.744 1.010 0.995 0.025 — — 2.310 2.700 2.680 0.435 0.960 0.925 1.349 1.610 1.570 10.535 2.028 3.018 9.702 9.572 4.126 1.329 3.170 7.329 3.841 0.310 1.192 11.509 7.327 11.940 1.778 0.572 0.832 0.105 1.750 0.460 13.847 0.624 2.564 7.901 0.710 0.085 2.420 1.290 1.209 16.745 12.900 2.140 4.120 10.000 — 4.370 1.650 — 8.610 4.310 0.390 1.230 13.140 — 14.000 2.590 0.640 — 0.120 2.680 0.485 15.700 1.210 — 8.200 0.755 0.120 2.530 1.330 1.310 19.320 12.700 2.100 3.990 10.000 — 4.310 1.650 — 8.510 4.210 0.380 1.210 12.980 — 13.840 2.590 0.635 — 0.120 2.670 0.480 15.520 1.160 — 8.090 0.710 0.085 2.420 1.330 1.300 19.020 CODE 5081 5208 5056 6939 9318 7210 0128 9377 5209 0078 4715 3182 3204 7676 7668 7110 7253 3034 2062 5008 7013 5255 5225 5614 5673 0058 8923 8672 5079 6491 0151 5035 5878 5843 9121 4847 6874 7170 8486 5143 3859 5264 3514 6012 5077 5983 7189 4502 5090 7234 3069 5186 3816 2194 0059 0043 3891 3905 0138 9806 4464 5533 0172 5201 3018 5260 8419 5125 5657 5041 6254 5133 7108 0047 7080 5219 5681 7027 7081 7201 7163 4634 5204 8346 5272 0037 8885 8567 5147 7185 9113 0099 7158 7045 7053 9792 5250 4197 9431 5218 5242 6084 9865 1201 6521 5173 8524 5140 5347 8702 7228 7206 4863 0101 8397 7218 5711 5167 7137 5243 7091 5754 7250 7240 5016 7692 5246 5267 7122 7293 7066 4677 5139 5185 2488 1163 1163PA 1015 5088 5258 1818 1023 2143 5228 5819 5274 1082 6688 3379 3379PA 3441 5096 6483 8621 1198 1058 1155 1171 1171OR 6459 5237 6009 1295 COUNTER CLOSING (RM) +/– (RM) VOL (‘000) VWAP* (RM) PE# (X) DY (%) MKT CAP (MIL) EIG EITA ENGTEX FIAMMA FITTERS FREIGHT FRONTKN FSBM GASMSIA GDEX GENM GENTING GKENT GUNUNG HAIO HAISAN HANDAL HAPSENG HARBOUR HARISON HUBLINE ICON IHH ILB IPMUDA JCBNEXT JIANKUN KAMDAR KBES KFIMA KGB KNUSFOR KPJ KPS KPSCB KTB KUB LFECORP LIONFIB LUXCHEM MAGNUM MALAKOF MARCO MAXIS MAYBULK MBMR MBWORLD MEDIA MEDIAC MESB MFCB MHB MISC MMCCORP MMODE MTRONIC MUIIND MULPHA MYEG NATWIDE NICORP OCB OCK OLDTOWN OLYMPIA OWG PANSAR PANTECH PARKSON PBA PDZ PENERGY PERDANA PERISAI PERMAJU PESTECH PETDAG PETONE PHARMA PICORP PJBUMI POS PRESBHD PRKCORP RANHILL RGB RPB SALCON SAMCHEM SAMUDRA SANBUMI SCICOM SCOMI SCOMIES SEEHUP SEG SEM SIME SJC SKPETRO SOLID STAR SUIWAH SUMATEC SURIA SYSCORP TALIWRK TASCO TENAGA TEXCHEM TGOFFS THHEAVY TM TMCLIFE TNLOGIS TOCEAN TSTORE TURBO UMS UMWOG UNIMECH UTUSAN UZMA VOIR WARISAN WIDETEC WPRTS XINHWA YFG YINSON YONGTAI YTL 0.820 1.130 1.140 0.585 0.420 1.180 0.135 0.210 2.290 1.530 4.350 7.980 1.810 0.415 2.700 0.065 0.270 7.600 0.890 3.100 0.010 0.350 6.500 0.740 0.970 1.700 0.250 0.345 0.360 1.840 0.255 1.300 4.200 0.950 0.520 0.155 0.345 0.280 0.630 1.430 2.280 1.590 0.150 5.800 0.810 1.970 1.230 1.370 0.710 0.620 1.740 1.110 7.360 1.940 0.335 0.070 0.160 0.245 1.990 0.750 0.080 0.705 0.800 1.810 0.095 1.960 0.430 0.580 0.820 1.100 0.060 1.250 1.540 0.235 0.155 6.500 23.220 0.055 5.510 0.150 0.225 2.530 2.000 2.200 0.800 0.160 0.370 0.585 0.770 0.400 0.115 2.190 0.155 0.200 1.120 1.210 1.360 7.450 0.700 1.320 1.320 2.600 2.400 0.105 1.950 0.335 1.380 1.550 14.000 1.560 0.305 0.095 6.760 0.825 1.440 0.460 2.600 0.900 2.560 0.925 1.180 0.470 1.930 0.700 2.300 0.410 4.220 1.010 0.030 2.700 0.945 1.590 — — 0.030 3 0.010 295.5 0.005 221.3 UNCH 47.5 -0.020 2 -0.005 542 — — UNCH 11.2 0.010 437.8 UNCH 1754.7 0.100 2863.9 -0.020 401.1 UNCH 19 0.020 91 — — -0.025 0.4 -0.150 2124.8 -0.030 62 UNCH 14 UNCH 1110 -0.005 762.9 -0.200 5596.5 -0.030 80 — — UNCH 45 UNCH 212 — — — — -0.010 87.2 UNCH 42.4 — — -0.050 564 -0.010 25 -0.020 150 UNCH 89 -0.005 1986.1 — — — — -0.010 92.8 UNCH 112.7 -0.020 2863.8 UNCH 3257 UNCH 2727.1 0.010 2640.6 UNCH 50.5 — — -0.040 47.1 UNCH 400 0.020 7 -0.030 171.9 0.010 183.9 -0.040 1547.9 -0.070 322 0.005 25 UNCH 1868 -0.005 111 0.005 190.3 0.050 6729.7 — — UNCH 1901.6 — — -0.010 1473.3 -0.030 1025.8 UNCH 73 0.050 201.1 UNCH 3.5 -0.010 88.1 -0.005 715.6 UNCH 60.1 0.005 168 -0.010 6.2 — — 0.005 1014.8 UNCH 50.2 0.070 337.2 -0.220 456.8 — — -0.110 1.3 -0.005 1 — — -0.040 248.8 0.020 1272.7 UNCH 14.3 -0.050 6520.9 -0.005 2994.1 — — 0.005 502.9 0.005 1.8 — — — — -0.060 80.1 UNCH 865 UNCH 11 — — -0.020 760.5 UNCH 1018.6 -0.040 2695.7 -0.060 10 -0.030 20331.4 -0.010 10.5 — — — — 0.005 4773.7 0.100 72.4 -0.010 2 -0.010 208.4 — — UNCH 10076.4 — — 0.020 78.5 UNCH 1562.1 -0.060 4757.7 0.005 614.8 0.040 989.4 — — — — — — — — 0.010 188.8 — — — — 0.020 16 -0.020 150 0.160 0.6 — — -0.050 1415.4 0.010 21 — — UNCH 182.2 0.010 1660.4 -0.010 8236.2 — 1.130 1.133 0.583 0.417 1.180 0.134 — 2.290 1.514 4.342 7.924 1.805 0.410 2.681 — 0.270 7.600 0.890 3.096 0.009 0.350 6.501 0.740 — 1.702 0.249 — — 1.832 0.255 — 4.209 0.944 0.520 0.155 0.346 — — 1.416 2.288 1.586 0.150 5.802 0.802 1.986 — 1.378 0.711 0.606 1.742 1.100 7.335 1.963 0.335 0.070 0.160 0.243 1.943 — 0.075 — 0.800 1.803 0.090 1.937 0.430 0.579 0.818 1.104 0.060 1.231 — 0.230 0.155 6.517 23.190 — 5.510 0.150 — 2.531 1.997 2.175 0.802 0.160 — 0.584 0.766 — — 2.206 0.155 0.191 — 1.224 1.357 7.450 0.700 1.317 1.302 — — 0.100 1.884 0.335 1.390 — 13.996 — 0.302 0.091 6.754 0.808 1.411 — — — — 0.916 — — 1.890 0.700 2.273 — 4.217 1.000 — 2.698 0.945 1.591 9.41 9.04 8.18 5.37 22.34 9.81 — — 27.00 61.69 23.29 33.00 10.88 — 15.38 — 7.56 17.46 6.43 14.21 — — 53.54 — — 9.00 — — — 9.81 — — 31.99 3.50 4.31 387.50 51.49 28.57 — 8.34 15.80 15.90 8.57 23.55 — 11.44 — 11.09 11.53 17.08 5.36 — 12.88 23.32 6.04 9.59 — 4.20 41.37 — 42.11 13.69 14.21 15.56 4.75 24.72 15.25 9.25 — 8.69 — 10.58 — — — 15.46 28.71 1.20 20.21 — — 21.55 59.52 3.51 17.58 9.14 — — 25.33 105.26 — 18.78 10.69 — 5.07 44.49 29.82 20.61 25.27 — 28.33 15.77 30.00 18.10 4.29 279.17 19.80 10.12 16.10 68.72 — — 28.38 80.88 7.54 88.46 28.29 17.24 6.18 — 15.55 — 30.63 — — 16.94 25.89 11.58 — 12.49 196.88 18.09 4.27 3.54 0.66 4.27 1.43 4.24 — — 3.61 0.65 1.63 0.44 2.76 1.45 5.56 — — 3.29 2.81 4.84 — — 0.46 3.38 3.09 2.06 — — — 4.62 1.96 1.54 1.68 4.21 — — 1.45 — — 4.55 6.58 4.40 4.67 3.45 1.23 3.55 — 7.30 6.35 — 4.39 — 4.08 1.96 1.79 — — — 0.60 — — 1.42 0.75 3.31 — — 4.65 3.62 — 3.41 — 1.60 1.30 — — 1.08 2.58 — 4.90 4.07 — 5.18 1.88 — — 3.13 — 3.42 3.90 — — 3.65 — — 4.02 10.74 1.69 3.36 1.43 1.02 1.97 6.92 2.50 — 3.59 — 5.80 2.90 2.07 9.62 — — 3.17 0.17 2.78 — 1.44 5.56 2.34 1.08 2.97 — 1.96 — 3.04 — 2.63 1.49 — 0.74 — 5.97 190.6 146.9 346.6 310.0 201.8 209.1 142.2 26.8 2,940.4 2,116.4 25,830.5 29,870.7 543.7 98.0 545.9 5.2 43.2 18,620.6 356.4 212.3 118.0 412.0 53,485.9 131.7 70.3 238.0 37.9 68.3 45.4 510.4 56.7 129.5 4,449.3 474.1 76.9 62.4 192.0 50.8 145.9 392.1 3,278.1 7,950.0 158.1 43,559.5 810.0 769.7 113.0 1,519.6 1,197.9 26.0 699.3 1,776.0 32,853.5 5,907.4 54.5 53.1 469.2 838.6 4,784.4 45.1 69.1 72.5 633.8 838.5 97.2 458.6 120.4 357.6 897.0 364.4 52.2 402.2 1,198.8 287.3 30.4 1,212.9 23,068.0 2.8 1,426.4 98.7 11.3 1,358.7 968.0 220.0 710.7 211.1 317.7 396.5 104.7 74.3 21.8 778.4 297.2 468.4 58.5 905.2 1,677.4 47,136.7 28.4 7,909.6 218.7 1,920.3 146.4 405.9 562.0 402.0 1,669.1 310.0 79,010.6 193.6 116.4 106.5 25,403.6 1,429.6 605.8 18.9 178.1 97.2 104.2 1,999.9 151.7 52.0 561.5 92.4 154.6 18.3 14,390.2 181.8 18.3 2,950.6 151.5 17,162.4 AEONCR AFFIN AFG ALLIANZ ALLIANZ-PA AMBANK APEX BIMB BURSA CIMB ECM ELKDESA HLBANK HLCAP HLFG HWANG INSAS INSAS-PA JOHAN KAF KENANGA LPI MAA MANULFE MAYBANK MBSB MBSB-OR MNRB MPHBCAP P&O PBBANK 12.860 2.100 4.020 10.000 9.900 4.350 1.650 3.970 8.600 4.230 0.390 1.220 13.100 10.100 13.960 2.590 0.640 0.915 0.120 2.670 0.485 15.700 1.200 2.780 8.180 0.720 0.095 2.530 1.330 1.310 19.280 -0.040 -0.010 -0.070 0.020 — -0.020 -0.040 — -0.010 -0.080 0.010 UNCH -0.160 — -0.020 UNCH -0.005 — UNCH UNCH UNCH 0.100 0.040 — -0.020 -0.050 -0.085 0.030 -0.020 UNCH 0.080 12.851 2.104 4.018 10.000 — 4.341 1.650 — 8.599 4.234 0.384 1.220 13.083 — 13.952 2.590 0.637 — 0.120 2.670 0.483 15.623 1.191 — 8.162 0.722 0.100 2.432 1.330 1.303 19.252 8.63 8.97 11.75 5.46 — 10.03 20.00 11.26 22.83 11.66 9.05 9.46 12.21 30.31 10.80 17.84 5.77 — — 72.16 27.09 15.83 14.93 17.97 11.96 11.76 — — 16.96 11.06 14.55 4.62 3.80 3.61 0.65 0.79 4.67 3.03 3.07 4.01 3.31 — 5.53 3.06 0.84 2.72 3.86 1.56 8.74 — 3.75 2.06 4.46 5.00 3.24 6.60 4.03 — — — 7.40 2.90 1,851.8 4,080.2 6,223.4 1,725.9 878.8 13,111.7 352.4 6,307.1 4,603.4 36,923.1 111.8 266.5 28,397.1 2,493.7 16,019.3 660.9 443.7 121.3 74.8 320.4 354.9 5,212.2 351.2 562.6 81,871.7 4,175.1 0.0 539.1 951.0 322.2 74,847.6 104.5 192.9 755.8 1 — 471.6 2 — 185.4 22489.2 948.4 10 233.9 — 201.3 33.7 123.8 — 125 8 2 2.4 1305.6 — 10196.2 16052.5 47606.1 160.1 27.6 8 2198.2 0 7 0 4 1 PROP 0 1 0 0 0 0 0 1 2 2 2 1 1 0 1 1 2 0 0 0 0 0 1 0 1 0 1 2 2 0 1 0 0 1 1 0 1 1 0 1 1 0 2 1 0 0 0 2 0 0 1 1 0 2 2 1 1 0 1 2 0 1 0 1 0 3 0 1 5 3 1 3 0 0 8 0 1 0 0 0 1 1 1 2 1 1 2 0 MINI 1 PLAN 0 18 9 1 0 9 0 8 1 11 1 1 1 2 3 0 0 5 24 3 3 0 4 1 1 0 2 4 0 1 0 4 3 0 5 2 0 1 1 2 6 27 HOTE 0 1 0 6 TECH 0 0 0 0 0 0 0 1 1 2 1 0 0 6 0 3 0 0 5 0 * Volu Markets 2 7 T U E SDAY J U N E 28 , 20 16 • T HEED G E FINA NCIA L DA ILY BURSA MAL AYSIA MAIN MARKET . ACE MARKET AP IL) 0.6 6.9 6.6 0.0 1.8 9.1 2.2 6.8 0.4 6.4 0.5 0.7 3.7 8.0 5.9 5.2 3.2 0.6 6.4 2.3 8.0 2.0 5.9 1.7 0.3 8.0 7.9 8.3 5.4 0.4 6.7 9.5 9.3 4.1 6.9 2.4 2.0 0.8 5.9 2.1 8.1 0.0 8.1 9.5 0.0 9.7 3.0 9.6 7.9 6.0 9.3 6.0 3.5 7.4 4.5 3.1 9.2 8.6 4.4 5.1 9.1 2.5 3.8 8.5 7.2 8.6 0.4 7.6 7.0 4.4 2.2 2.2 8.8 7.3 0.4 2.9 8.0 2.8 6.4 8.7 1.3 8.7 8.0 0.0 0.7 1.1 7.7 6.5 4.7 4.3 1.8 8.4 7.2 8.4 8.5 5.2 7.4 6.7 8.4 9.6 8.7 0.3 6.4 5.9 2.0 2.0 9.1 0.0 0.6 3.6 6.4 6.5 3.6 9.6 5.8 8.9 8.1 7.2 4.2 9.9 1.7 2.0 1.5 2.4 4.6 8.3 0.2 1.8 8.3 0.6 1.5 2.4 1.8 0.2 3.4 5.9 8.8 1.7 2.4 7.1 3.4 3.1 1.8 6.5 7.1 3.7 9.3 0.9 3.7 1.3 4.8 0.4 4.9 2.2 1.2 2.6 1.7 5.1 0.0 9.1 1.0 2.2 7.6 YEAR HIGH YEAR LOW DAY HIGH DAY LOW 0.960 0.690 7.248 4.911 0.700 0.500 4.440 3.654 1.692 1.063 PROPERTIES 0.990 0.693 1.200 0.760 0.495 0.354 0.255 0.155 0.680 0.425 0.680 0.450 0.909 0.735 1.220 0.900 2.342 1.480 2.308 1.400 2.487 1.939 1.080 0.430 1.832 1.380 0.335 0.210 1.670 1.170 1.200 0.600 2.860 1.750 0.920 0.655 0.600 0.445 0.898 0.693 0.498 0.332 0.665 0.400 1.459 1.005 0.600 0.430 1.888 1.547 0.668 0.455 1.313 0.950 2.824 2.213 2.450 1.735 0.500 0.315 1.140 0.745 0.325 0.180 0.070 0.040 1.163 0.824 1.755 1.080 0.460 0.324 1.548 1.209 1.630 1.179 0.355 0.220 1.129 0.805 1.644 1.240 0.828 0.607 2.548 1.958 1.380 1.032 0.615 0.495 0.980 0.555 0.392 0.263 2.810 1.842 0.457 0.286 0.255 0.145 1.482 0.775 1.460 0.755 0.390 0.265 2.740 1.760 2.980 2.510 1.993 1.473 1.970 1.300 0.500 0.280 1.477 1.253 2.200 1.650 0.285 0.195 1.682 0.695 0.957 0.625 1.080 0.855 0.635 0.400 3.199 2.677 0.195 0.130 1.074 0.726 5.482 4.111 3.400 2.800 1.150 0.810 3.240 2.836 0.845 0.670 0.315 0.225 8.648 6.000 0.080 0.045 1.605 1.133 0.180 0.070 0.747 0.195 0.095 0.045 1.935 1.350 1.149 0.774 1.344 0.740 2.195 1.569 1.464 1.030 1.540 1.000 2.060 1.474 0.755 0.595 MINING 1.360 1.140 PLANTATIONS 0.367 0.182 18.360 16.560 9.500 7.612 1.536 1.032 0.813 0.620 9.121 7.420 0.550 0.380 8.036 6.777 1.989 1.151 11.560 8.494 1.725 1.202 1.480 0.980 1.020 0.790 2.490 1.881 3.746 2.947 0.735 0.593 0.785 0.545 5.040 3.622 24.780 19.357 3.569 2.891 3.600 2.146 0.645 0.345 4.080 2.410 1.800 1.320 1.860 1.500 0.979 0.787 2.850 1.930 4.927 3.871 0.350 0.200 1.220 0.800 0.675 0.465 4.080 3.442 3.300 2.653 0.825 0.450 5.030 3.610 2.082 1.654 0.810 0.510 1.610 1.060 1.730 1.150 2.256 1.712 6.234 5.280 27.900 23.977 HOTELS 0.695 0.497 1.280 0.760 0.345 0.205 6.428 4.800 TECHNOLOGY 0.900 0.600 0.365 0.190 0.190 0.090 0.430 0.240 0.255 0.130 0.235 0.150 0.279 0.173 1.747 1.138 1.949 0.514 2.056 1.149 1.220 0.710 0.305 0.185 0.310 0.230 6.696 2.996 0.709 0.515 3.912 2.174 0.170 0.100 0.851 0.542 5.950 3.382 0.250 0.060 0.700 — 0.515 3.900 1.470 0.690 — 0.500 3.840 1.400 9296 1066 4898 6139 5230 0.860 0.980 0.430 0.175 0.460 0.480 0.780 1.120 1.520 — 2.160 0.650 1.650 0.260 1.250 0.610 1.980 — 0.535 0.770 — 0.415 1.280 — 1.770 0.490 0.990 2.410 2.350 0.425 0.940 0.185 0.055 — 1.110 0.375 1.360 1.560 0.240 0.950 1.470 0.650 2.430 1.200 0.515 0.915 0.300 2.560 0.310 0.165 1.050 0.780 0.300 1.820 — 1.530 1.320 0.385 — 1.660 0.235 0.990 0.700 0.920 0.425 2.920 0.130 — 4.660 3.050 0.820 3.000 0.680 0.235 — 0.050 1.410 0.075 0.200 0.050 — 1.000 1.020 2.120 1.060 1.000 1.900 0.595 0.850 0.975 0.430 0.170 0.455 0.480 0.770 1.070 1.480 — 2.130 0.650 1.610 0.250 1.200 0.600 1.980 — 0.535 0.700 — 0.410 1.220 — 1.770 0.485 0.990 2.410 2.260 0.415 0.920 0.185 0.050 — 1.090 0.370 1.350 1.540 0.230 0.940 1.430 0.625 2.370 1.200 0.505 0.880 0.300 2.500 0.300 0.165 1.030 0.755 0.285 1.770 — 1.500 1.300 0.365 — 1.650 0.230 0.985 0.685 0.900 0.400 2.900 0.130 — 4.600 2.980 0.820 2.980 0.670 0.225 — 0.045 1.370 0.070 0.195 0.045 — 0.990 1.000 2.090 1.030 1.000 1.870 0.595 1007 5959 1007PA 4057 6602 9814 3239 5738 6718 5049 5355 3484 3417 3557 8206 6076 8613 6815 6041 5020 9962 1147 1503 7010 5062 4251 5084 1597 5249 5175 1589 6769 3115 7323 5038 3174 8494 5789 3573 7617 8583 6181 5236 5182 5040 1694 8141 6114 8893 6548 1651 9539 3913 5073 5827 5053 1724 6912 1945 5075 2208 4596 5207 2224 4286 6017 4375 5213 1783 8664 3743 5211 1538 5158 2305 2259 5191 2429 7889 7079 5239 5401 5148 5200 2976 7003 3158 2577 1.170 1.150 2186 KUCHAI 0.285 18.000 8.500 1.480 0.675 — 0.430 7.680 1.510 10.560 1.330 1.480 0.880 2.400 — 0.700 0.660 4.370 23.080 — 3.290 0.600 — — — 0.810 — — 0.225 — 0.510 3.750 — — 3.980 1.890 0.685 1.080 1.660 1.890 5.760 27.000 0.275 17.800 8.500 1.460 0.630 — 0.420 7.680 1.480 10.400 1.260 1.470 0.850 2.400 — 0.695 0.660 4.270 22.840 — 3.250 0.570 — — — 0.800 — — 0.210 — 0.500 3.650 — — 3.960 1.890 0.675 1.080 1.660 1.880 5.730 27.000 7054 1899 5069 5254 8982 1929 3948 5029 5222 2291 7382 2135 7501 5138 2216 2607 6262 1961 2445 2453 5027 1996 2003 6572 4936 5026 5047 2038 1902 9695 5113 2542 2569 4316 5126 5135 2054 5112 5251 9059 2593 2089 AASIA BKAWAN BLDPLNT BPLANT CEPAT CHINTEK DUTALND FAREAST FGV GENP GLBHD GOPENG HARNLEN HSPLANT IJMPLNT INCKEN INNO IOICORP KLK KLUANG KMLOONG KRETAM KULIM KWANTAS MALPAC MHC NPC NSOP PINEPAC PLS RSAWIT RVIEW SBAGAN SHCHAN SOP SWKPLNT TDM THPLANT TMAKMUR TSH UMCCA UTDPLT — 0.780 0.270 5.250 — 0.760 0.260 5.080 5592 1643 1287 5517 GCE LANDMRK PMHLDG SHANG — 0.195 — 0.265 0.140 0.160 0.240 1.510 1.640 1.410 0.810 0.245 0.250 3.150 0.520 2.930 — 0.610 5.020 0.150 — 0.190 — 0.255 0.140 0.160 0.230 1.490 1.570 1.400 0.800 0.240 0.230 3.080 0.520 2.840 — 0.590 4.860 0.145 7031 5195 0051 7204 8338 0029 4456 5162 0065 0090 0021 0082 0056 7022 5028 0166 9393 5161 9334 0143 AMTEL CENSOF CUSCAPI D&O DATAPRP DIGISTA DNEX ECS EFORCE ELSOFT GHLSYS GPACKET GRANFLO GTRONIC HTPADU INARI ITRONIC JCY KESM KEYASIC * Volume Weighted Average Price CODE COUNTER CLOSING (RM) +/– (RM) VOL (‘000) VWAP* (RM) PE# (X) DY (%) MKT CAP (MIL) RCECAP RHBCAP TA TAKAFUL TUNEPRO 0.695 6.100 0.505 3.900 1.460 -0.005 — UNCH -0.090 0.030 150 — 245.9 9.8 2073.2 0.693 — 0.504 3.886 1.449 5.64 10.50 — 20.33 14.61 8.63 1.97 1.09 3.68 3.42 237.0 18,755.5 864.5 3,198.7 1,097.6 AMPROP A&M AMPROP-PA ASIAPAC BCB BERTAM BJASSET CHHB CRESNDO CVIEW DAIMAN DBHD E&O ECOFIRS ECOWLD ENCORP ENRA EUPE FARLIM GLOMAC GMUTUAL GOB GUOCO HOOVER HUAYANG IBHD IBRACO IGB IOIPG IVORY IWCITY JKGLAND KBUNAI KEN KSL L&G LBICAP LBS LIENHOE MAGNA MAHSING MALTON MATRIX MCT MEDAINC MENANG MJPERAK MKH MKLAND MPCORP MRCB MUH MUIPROP NAIM OIB OSK PARAMON PASDEC PJDEV PLENITU PTGTIN SAPRES SBCCORP SDRED SEAL SHL SMI SNTORIA SPB SPSETIA SUNSURIA SUNWAY SYMLIFE TAGB TAHPS TALAMT TAMBUN TANCO THRIVEN TIGER TITIJYA TROP UEMS UOADEV WINGTM Y&G YNHPROP YTLLAND 0.860 0.975 0.430 0.175 0.460 0.480 0.780 1.120 1.480 1.400 2.160 0.650 1.630 0.255 1.220 0.610 1.980 0.775 0.535 0.740 0.415 0.410 1.280 0.440 1.770 0.490 0.990 2.410 2.260 0.425 0.935 0.185 0.055 0.950 1.090 0.375 1.360 1.560 0.240 0.940 1.460 0.645 2.400 1.200 0.505 0.905 0.300 2.500 0.305 0.165 1.040 0.780 0.300 1.820 2.570 1.510 1.320 0.365 1.390 1.650 0.235 0.990 0.690 0.920 0.425 2.910 0.130 0.805 4.660 3.010 0.820 3.000 0.680 0.230 6.350 0.050 1.400 0.075 0.200 0.050 1.430 1.000 1.010 2.100 1.050 1.000 1.900 0.595 -0.010 -0.005 UNCH UNCH 0.005 UNCH 0.010 -0.030 -0.040 — 0.030 -0.015 -0.010 UNCH UNCH 0.005 -0.070 — UNCH -0.010 — -0.010 UNCH — -0.010 -0.005 UNCH -0.040 -0.070 UNCH 0.005 UNCH UNCH — -0.030 UNCH UNCH UNCH UNCH -0.015 -0.010 -0.005 -0.020 0.010 UNCH -0.010 UNCH -0.050 -0.010 UNCH -0.010 UNCH UNCH UNCH — -0.010 0.020 -0.020 — -0.010 UNCH UNCH -0.010 UNCH 0.015 UNCH UNCH — 0.020 0.030 UNCH -0.010 UNCH UNCH — UNCH 0.020 -0.005 -0.005 UNCH — UNCH -0.010 UNCH -0.100 UNCH UNCH -0.005 147.2 97 12.3 10.2 935 100 80 18.1 53 — 13 1.5 1516 250 608.2 53.2 1.5 — 10 10.4 — 1439 52.5 — 77.5 178.1 15 5.6 387.4 147.1 286.6 30 7152.2 — 1642.1 564.6 89.4 1226.8 67.2 48.4 243.6 1128.5 90 1 748 178 25 60.4 1303.6 10 1070.5 12.8 35 15.5 — 142.1 32 444 — 43.6 1812.4 14 333.3 27.6 52.5 6.5 39.2 — 4.2 2667.1 69.5 2367.1 59 401 — 873.5 101.9 121.6 315 3181.2 — 115.4 2597.6 363.5 40 0.7 2013.4 15 0.857 6.39 0.976 16.06 0.430 — 0.175 2.35 0.455 6.22 0.480 14.86 0.774 50.65 1.115 — 1.492 18.88 — 8.93 2.135 17.16 0.650 — 1.629 55.44 0.255 9.17 1.226 42.07 0.603 — 1.980 25.78 — 29.69 0.535 4.26 0.744 6.62 — 9.08 0.410 4.49 1.228 4.32 — — 1.770 4.24 0.490 10.79 0.990 11.24 2.410 15.69 2.287 8.01 0.420 16.60 0.927 359.62 0.185 7.37 0.054 — — 7.32 1.097 4.67 0.375 4.29 1.357 8.25 1.551 10.38 0.235 — 0.943 2.09 1.454 10.16 0.629 8.37 2.410 9.26 1.200 12.22 0.514 — 0.895 17.85 0.300 6.82 2.525 6.44 0.302 12.40 0.165 — 1.036 18.51 0.765 10.16 0.294 — 1.778 24.46 — 11.88 1.515 3.16 1.308 10.29 0.377 — — 11.16 1.653 4.13 0.235 8.27 0.986 50.77 0.695 11.84 0.920 9.10 0.413 — 2.910 8.34 0.130 — — 12.64 4.608 3.08 3.016 9.89 0.820 15.05 2.996 7.69 0.678 15.45 0.231 — — 23.07 0.049 166.67 1.389 6.25 0.074 — 0.197 15.50 0.045 — — 7.05 0.997 7.66 1.006 22.10 2.101 7.25 1.051 10.16 1.000 11.01 1.898 48.97 0.595 24.69 3.49 1.54 4.65 1.71 — — 1.28 — 3.38 14.29 2.31 — — — — — — — 3.74 5.74 4.82 — 1.56 — 7.34 3.08 3.54 4.15 2.65 — — 1.62 — 3.16 6.42 5.33 3.68 2.24 — 8.51 4.45 4.65 6.31 1.67 — — 7.13 2.80 9.84 — 2.40 — — 1.92 2.92 3.31 6.25 — 5.40 2.73 — 3.03 2.32 3.26 — 7.56 — 2.48 2.58 7.20 — 3.67 7.35 1.43 5.04 — 6.43 — — — 3.15 7.00 1.58 7.14 2.86 8.75 — — 518.0 355.9 126.6 173.7 189.8 99.2 868.2 308.8 415.1 140.0 458.3 201.1 2,053.4 195.4 2,884.4 170.0 269.7 99.2 75.1 538.6 155.9 186.4 896.6 17.6 467.3 486.1 491.4 3,289.2 9,997.4 189.3 688.8 140.3 317.7 182.1 1,106.2 410.9 102.7 879.0 86.8 312.9 3,517.7 289.2 1,356.7 1,601.7 248.7 241.7 77.1 1,048.6 368.2 47.5 1,962.1 44.0 229.2 455.0 372.3 2,118.4 558.3 75.2 735.1 629.5 81.3 138.2 162.0 392.0 94.1 704.6 27.3 389.7 1,601.3 7,911.8 655.0 6,092.1 210.8 1,224.0 475.3 211.0 595.1 25.1 75.3 69.5 514.8 1,447.5 4,582.8 3,193.7 511.3 199.4 838.7 502.4 1.170 0.010 102 0.275 18.000 8.500 1.470 0.675 7.420 0.430 7.680 1.490 10.500 1.280 1.480 0.880 2.400 3.380 0.700 0.660 4.360 23.000 3.060 3.260 0.590 4.060 1.320 1.600 0.805 2.300 3.910 0.210 1.000 0.510 3.750 3.010 0.510 3.980 1.890 0.685 1.080 1.660 1.890 5.750 27.000 -0.010 0.260 0.010 -0.010 0.045 — UNCH 0.180 -0.010 -0.040 -0.030 UNCH 0.030 UNCH — UNCH UNCH 0.020 UNCH — UNCH 0.020 — — — -0.005 — — -0.015 — UNCH 0.140 — — 0.030 UNCH -0.005 UNCH UNCH -0.010 -0.040 -0.060 13 3.2 93.7 125.8 3.1 — 40 5 2924 107.5 421.3 40 1.1 134 — 19 11 3113 788.3 — 132.6 401.3 — — — 50.1 — — 31 — 143 3 — — 3 12.8 79.4 58 104.9 71.9 22.3 0.3 0.550 0.780 0.270 5.080 — UNCH UNCH -0.120 — 74.6 154 112.1 — 0.768 0.267 5.194 0.780 0.190 0.095 0.260 0.140 0.160 0.235 1.500 1.600 1.400 0.810 0.245 0.250 3.100 0.520 2.880 0.135 0.595 5.000 0.145 — -0.005 — -0.015 UNCH UNCH -0.005 0.010 -0.040 -0.020 -0.020 UNCH 0.010 -0.070 UNCH 0.010 — -0.015 0.050 -0.005 — 324.1 — 32.4 80.5 250 3747.3 32.5 221.4 94.5 30.9 601 74.9 517.3 40 1361.3 — 1221.9 187.2 439 — 0.191 — 0.260 0.140 0.160 0.234 1.500 1.604 1.400 0.809 0.240 0.234 3.104 0.520 2.877 — 0.598 4.969 0.145 # PE is calculated based on latest 12 months reported Earnings Per Share — 0.73 144.8 0.276 — 17.813 10.04 8.500 227.88 1.469 20.65 0.647 34.09 — 25.74 0.423 87.76 7.680 15.39 1.493 — 10.521 49.72 1.288 4.37 1.478 202.74 0.853 — 2.400 20.96 — 122.91 0.699 — 0.660 15.35 4.331 30.01 23.014 17.53 — 38.39 3.264 13.75 0.583 — — 96.90 — — — — 0.804 70.00 — 6.73 — 52.20 0.221 — — — 0.501 — 3.683 42.71 — 35.04 — — 3.970 16.23 1.890 40.21 0.683 13.56 1.080 19.78 1.660 14.02 1.890 — 5.750 24.33 27.000 18.44 1.170 1.31 2.78 0.24 9.52 2.22 2.16 — 3.26 2.68 0.52 0.78 2.70 9.09 3.33 1.48 1.67 — 1.83 1.96 0.33 3.99 — 2.34 — — 1.86 0.43 1.53 — — — 1.60 0.66 — 1.26 3.97 2.19 1.85 9.04 1.06 2.78 1.48 181.5 7,847.1 794.8 2,352.0 215.0 677.9 363.8 1,085.9 5,435.7 8,306.3 285.3 265.4 163.2 1,920.0 2,976.4 294.5 315.5 28,173.5 24,552.6 193.3 1,016.5 1,106.3 5,715.8 411.4 120.0 158.2 276.0 274.5 31.5 326.7 723.4 243.2 199.7 58.7 1,758.1 529.2 1,014.9 954.6 660.9 2,542.8 1,203.0 5,619.6 — — — 18.18 3.64 — — 2.76 108.4 375.0 250.8 2,235.2 80.41 — — 22.41 — — 11.35 9.65 43.84 11.08 46.29 — 14.88 15.08 56.52 18.02 — 8.49 6.49 — — — — — — — 4.26 4.00 1.88 5.71 — — 2.00 3.55 3.85 2.46 — 11.34 0.60 — 38.4 95.3 41.4 256.9 59.0 81.4 182.2 270.0 330.8 253.6 527.7 169.2 120.8 873.8 52.6 2,754.8 13.9 1,235.3 215.1 121.0 YEAR HIGH YEAR LOW DAY HIGH DAY LOW 10.480 5.449 7.320 7.270 1.200 0.890 — — 0.495 0.360 0.370 0.365 0.706 0.410 0.505 0.475 0.360 0.210 — — 0.915 0.560 0.775 0.755 0.475 0.235 0.330 0.320 0.110 0.035 0.075 0.065 2.474 1.498 2.440 2.310 3.840 2.684 3.600 3.550 0.927 0.615 0.635 0.625 INFRASTRUCTURE PROJECT COMPANIES 5.648 4.252 4.760 4.640 5.880 3.804 5.600 5.550 1.950 0.985 1.010 0.985 0.575 0.335 0.355 0.350 7.924 5.408 7.180 7.090 1.600 1.380 1.410 1.390 CLOSED-END FUNDS 2.380 2.100 2.280 2.280 EXCHANGE TRADED FUNDS 1.092 1.035 — — 1.770 1.550 — — 1.480 1.015 — — 1.785 1.580 — — 1.010 0.900 0.918 0.918 1.015 0.850 0.859 0.857 1.175 0.990 — — 1.075 0.940 0.983 0.978 REITS 1.040 0.875 1.030 1.030 1.580 1.243 — — 1.112 0.881 1.040 1.020 0.827 0.672 0.745 0.740 0.910 0.730 0.905 0.895 1.089 0.956 1.060 1.060 1.740 1.463 1.720 1.700 1.590 1.206 1.560 1.540 1.520 1.321 1.510 1.500 1.620 1.199 1.580 1.540 7.650 6.718 7.500 7.350 1.170 0.954 1.150 1.140 1.820 1.346 1.700 1.690 1.690 1.376 1.650 1.620 1.230 1.045 1.200 1.200 1.660 1.397 — — 1.080 0.936 1.070 1.060 SPAC 0.705 0.650 — — 0.695 0.595 0.685 0.680 0.475 0.420 0.460 0.455 CODE COUNTER CLOSING (RM) +/– (RM) VOL (‘000) VWAP* (RM) PE# (X) DY (%) MKT CAP (MIL) 3867 5011 0083 9008 0041 7160 9075 0118 5005 0097 0008 MPI MSNIAGA NOTION OMESTI PANPAGE PENTA THETA TRIVE UNISEM VITROX WILLOW 7.300 0.925 0.370 0.505 0.275 0.775 0.330 0.075 2.430 3.600 0.635 UNCH 10.4 — — UNCH 202 0.005 430 — — 0.010 1370.5 0.010 82.2 0.005 23507.1 0.070 2016.8 0.020 461.6 -0.005 162 7.286 — 0.368 0.494 — 0.767 0.328 0.074 2.414 3.600 0.630 9.05 — 33.04 — 42.31 7.78 6.42 — 10.54 16.60 9.23 3.15 — — — — — — — 4.12 0.56 3.15 1,532.2 55.9 100.1 196.7 66.4 113.6 35.4 90.6 1,783.2 842.0 157.5 6947 6645 6807 5078 5031 6742 DIGI LITRAK PUNCAK SILKHLD TIMECOM YTLPOWR 4.740 5.570 0.995 0.355 7.120 1.390 -0.060 -0.030 -0.005 -0.005 -0.100 UNCH 6028.8 680.5 1272.9 473.3 20.4 555.3 4.731 5.561 0.998 0.355 7.120 1.396 22.44 16.65 — — 9.13 11.78 4.43 4.49 — — 0.94 7.19 36,853.5 2,914.9 447.0 249.0 4,098.3 11,261.2 5108 ICAP 2.280 UNCH 18 2.280 14.28 — 319.2 0800EA 0822EA 0823EA 0820EA 0826EA 0825EA 0821EA 0824EA ABFMY1 CIMBA40 CIMBC50 FBMKLCI-EA METFAPA METFSID MYETFDJ MYETFID 1.092 1.640 1.140 1.690 0.918 0.859 1.055 0.983 — — — — 0.002 0.002 — 0.009 — — — — 3 19.3 — 48 — — — — 0.918 0.858 — 0.980 — — — — — — — — 5.20 4.00 — 1.48 — 2.50 2.25 3.20 1,862.3 2.2 14.1 2.8 17.4 17.2 265.3 21.2 4952 5116 5269 5120 5127 5130 5106 5180 5121 5227 5235SS 5123 5212 5176 5111 5110 5109 AHP ALAQAR ALSREIT AMFIRST ARREIT ATRIUM AXREIT CMMT HEKTAR IGBREIT KLCC MQREIT PAVREIT SUNREIT TWRREIT UOAREIT YTLREIT 1.030 1.540 1.030 0.740 0.905 1.060 1.710 1.550 1.500 1.560 7.480 1.140 1.700 1.620 1.200 1.660 1.060 UNCH — -0.010 -0.005 0.010 UNCH -0.010 -0.020 -0.010 UNCH -0.040 UNCH 0.020 -0.010 UNCH — -0.010 1 — 291.6 87 83.5 6 152.7 894.6 6 1241.2 254.9 46.2 3920.7 1519.1 1 — 47.1 1.030 8.77 — 15.96 1.030 40.39 0.742 7.42 0.900 8.49 1.060 8.63 1.712 19.13 1.553 12.97 1.505 137.61 1.556 21.05 7.470 11.89 1.147 10.63 1.700 18.10 1.631 8.50 1.200 11.99 — 6.36 1.064 25.12 6.80 5.00 1.17 6.89 7.26 7.41 4.91 5.55 7.00 5.17 4.67 3.65 4.84 5.62 5.78 6.64 7.09 103.0 1,121.5 597.4 507.9 518.8 129.1 1,889.8 3,143.9 601.0 5,434.0 13,503.9 754.0 5,133.7 4,769.1 336.6 702.0 1,403.9 CLIQ REACH SONA 0.685 0.680 0.460 — -0.005 0.005 — 2036 2295.3 — 0.685 0.458 — — — — — — 432.2 868.9 648.9 CLOSING (RM) +/– (RM) VOL (‘000) VWAP* (RM) PE# (X) DY (%) MKT CAP (MIL) 5234 5256 5241 Ace Market YEAR HIGH YEAR LOW DAY HIGH CONSUMER PRODUCTS 0.450 0.225 0.370 0.320 0.095 0.300 0.421 0.225 0.240 0.075 0.040 0.045 INDUSTRIAL PRODUCTS 0.338 0.172 0.255 0.100 0.045 — 0.610 0.315 0.345 0.273 0.085 0.095 0.640 0.260 0.600 0.060 0.040 — 0.880 0.355 0.360 0.125 0.070 0.085 0.260 0.110 0.170 0.145 0.085 0.090 0.190 0.120 — 0.150 0.050 0.055 0.500 0.293 0.335 0.195 0.105 0.140 0.173 0.102 0.135 0.155 0.085 0.125 0.210 0.120 — 0.325 0.110 0.120 0.263 0.166 0.185 TECHNOLOGY 0.260 0.100 0.195 0.615 0.270 0.325 0.235 0.100 0.120 1.600 0.225 0.230 0.015 0.005 — 1.310 0.710 0.755 0.080 0.045 0.050 0.090 0.045 0.045 0.150 0.060 0.080 0.355 0.190 0.250 0.095 0.045 0.055 3.150 1.020 1.040 0.060 0.035 0.040 0.125 0.080 0.100 0.155 0.060 0.065 1.316 0.452 0.480 0.150 0.035 0.045 0.300 0.140 0.145 0.854 0.523 — 1.100 0.310 0.985 0.340 0.180 0.190 0.080 0.040 0.045 0.255 0.100 0.190 0.325 0.100 0.105 0.230 0.050 0.180 0.970 0.470 — 1.950 0.805 1.450 0.588 0.281 0.440 0.135 0.060 0.095 0.075 0.055 0.060 0.787 0.450 0.490 0.295 0.175 — 0.315 0.180 0.195 0.195 0.075 0.100 1.058 0.599 0.915 0.060 0.025 0.030 0.110 0.050 0.055 0.165 0.085 0.100 0.900 0.536 0.600 0.319 0.270 0.280 0.730 0.165 0.365 0.110 0.035 0.075 0.315 0.150 0.160 0.140 0.060 0.070 0.728 0.313 0.565 0.125 0.010 — 0.644 0.270 0.300 0.160 0.055 0.060 0.390 0.170 0.170 0.150 0.065 0.075 0.298 0.173 0.255 0.180 0.080 0.120 0.283 0.140 0.145 0.135 0.100 — 0.275 0.140 0.200 0.370 0.075 0.235 0.145 0.065 0.090 0.370 0.025 — 0.220 0.110 0.110 0.560 0.451 0.535 0.560 0.451 0.545 TRADING SERVICES 0.300 0.150 — 0.145 0.095 0.105 0.075 0.035 0.045 0.389 0.191 0.350 0.285 0.180 — 0.600 0.350 0.430 0.760 0.300 0.550 0.475 0.260 0.305 0.250 0.155 — 0.240 0.140 — 0.245 0.120 0.180 0.350 0.250 — 0.303 0.168 0.240 0.020 0.005 0.010 0.370 0.130 0.195 0.745 0.400 0.425 0.845 0.480 — 2.605 1.659 — 0.273 0.165 0.205 0.495 0.325 — 0.055 0.030 0.035 1.478 0.446 1.340 0.215 0.100 — 0.705 0.110 0.135 FINANCE 0.530 0.390 — DAY LOW CODE COUNTER 0.360 0.290 0.225 0.040 0179 0170 0148 0095 BIOHLDG KANGER SUNZEN XINGHE 0.365 0.300 0.225 0.040 -0.005 Unch -0.005 Unch 1141.7 1459.2 461 515 0.364 0.295 0.232 0.042 24.83 17.96 — 1.62 — — 2.04 2.50 182.5 239.5 107.8 93.9 0.250 — 0.325 0.085 0.570 — 0.355 0.085 0.150 0.085 — 0.050 0.330 0.140 0.125 0.115 — 0.115 0.185 0105 0072 0163 0102 0100 0109 0175 0160 0162 0024 0025 0070 0049 0038 0133 0001 0028 0055 0084 ASIAPLY AT CAREPLS CONNECT ESCERAM FLONIC HHGROUP HHHCORP IJACOBS JAG LNGRES MQTECH OCNCASH PTB SANICHI SCOMNET SCOPE SERSOL TECFAST 0.250 0.050 0.345 0.085 0.590 0.045 0.360 0.085 0.170 0.085 0.145 0.055 0.335 0.140 0.135 0.125 0.140 0.120 0.185 Unch 320.2 — — 0.025 879.7 -0.015 3912.5 Unch 1631.5 — — -0.005 225.5 -0.005 30 0.010 269.1 -0.005 4445.5 — — Unch 1211.5 Unch 116.1 Unch 130 -0.005 21971.2 0.005 145.1 — — Unch 560.1 -0.005 6.9 0.253 — 0.338 0.090 0.588 — 0.357 0.085 0.164 0.090 — 0.051 0.332 0.140 0.134 0.118 — 0.115 0.185 10.78 — 28.99 7.14 17.20 — 54.55 — — — — — 9.77 12.96 13.11 10.42 — — 12.33 2.40 — 0.87 — — — 0.92 — — 5.88 — — 2.09 — — 3.20 — — 2.70 66.1 21.7 138.8 19.4 121.3 39.6 111.1 28.3 23.1 97.2 35.1 15.3 74.7 21.1 115.9 30.4 77.8 25.8 31.7 0.185 0.320 0.120 0.230 — 0.740 0.045 0.045 0.075 0.245 0.055 1.020 0.040 0.095 0.060 0.465 0.035 0.140 — 0.930 0.180 0.045 0.180 0.100 0.160 — 1.260 0.430 0.090 0.055 0.490 — 0.180 0.095 0.855 0.025 0.050 0.100 0.570 0.270 0.360 0.070 0.155 0.060 0.505 — 0.290 0.060 0.170 0.070 0.235 0.105 0.145 — 0.195 0.220 0.085 — 0.110 0.530 0.540 0018 0181 0119 0068 0039 0098 0152 0131 0154 0107 0116 0104 0045 0074 0174 0023 0094 0010 0146 0127 0111 0036 0176 0017 0075 0155 0126 0112 0085 0034 0113 0103 0156 0092 0108 0020 0096 0026 0035 0040 0079 0005 0123 0007 0106 0135 0178 0060 0117 0169 0093 0129 0050 0132 0120 0069 0066 0141 0086 0009 0009 ACCSOFT AEMULUS APPASIA ASDION ASIAEP BAHVEST DGB DGSB EAH EDUSPEC FOCUS GENETEC GNB GOCEAN IDMENSN IFCAMSC INIX IRIS JFTECH JHM K1 KGROUP KRONO M3TECH MEXTER MGRC MICROLN MIKROMB MLAB MMAG MMSV MNC MPAY MTOUCHE N2N NETX NEXGRAM NOVAMSC OPCOM OPENSYS ORION PALETTE PRIVA PUC REXIT SCN SEDANIA SKH SMRT SMTRACK SOLUTN SRIDGE SYSTECH TDEX VIS VIVOCOM VSOLAR WINTONI YGL YTLE YTLE 0.185 0.320 0.120 0.230 0.010 0.745 0.045 0.045 0.080 0.250 0.055 1.030 0.040 0.100 0.065 0.475 0.045 0.145 0.600 0.960 0.180 0.045 0.190 0.100 0.170 0.520 1.450 0.435 0.090 0.060 0.490 0.210 0.195 0.100 0.875 0.025 0.055 0.100 0.600 0.280 0.360 0.075 0.160 0.070 0.545 0.010 0.300 0.060 0.170 0.075 0.250 0.120 0.145 0.115 0.200 0.225 0.090 0.025 0.110 0.530 0.540 -0.015 213 -0.010 526.3 -0.005 75 -0.070 0.1 — — -0.010 97.1 -0.005 825 Unch 147 -0.005 3484 Unch 1340 0.005 137 -0.010 197.2 Unch 100 Unch 170.1 Unch 786.8 -0.005 3435.8 Unch 901.9 -0.005 10042.9 — — -0.020 245.6 -0.005 1513.1 Unch 6 Unch 124.7 -0.010 2976.6 -0.010 5630.4 — — 0.200 715.6 -0.005 318 Unch 168.7 0.005 792 -0.005 42 — — 0.010 403 Unch 38.2 -0.025 270.9 -0.005 685.3 0.005 415 Unch 720 Unch 29.4 Unch 1107.5 -0.015 290.9 Unch 995.2 Unch 1057.5 0.005 573.4 0.025 8.1 — — Unch 300.4 0.005 3925 -0.005 540 Unch 335 Unch 1876.9 0.005 27.2 -0.005 45 — — Unch 25 -0.020 66221.7 Unch 3764.5 — — -0.005 26.6 -0.005 76.4 Unch 88.1 0.192 27.61 0.324 24.81 0.120 — 0.230 — — — 0.748 — 0.045 — 0.045 40.91 0.080 — 0.248 20.66 0.055 — 1.028 — 0.040 26.67 0.097 83.33 0.060 — 0.474 33.45 0.041 — 0.145 20.42 — 43.48 0.963 15.89 0.183 8.41 0.045 — 0.185 8.09 0.101 — 0.176 — — 23.32 1.369 162.92 0.434 14.12 0.090 — 0.055 — 0.490 12.86 — — 0.187 — 0.097 — 0.875 39.06 0.030 — 0.051 3.57 0.100 100.00 0.588 13.82 0.278 15.91 0.363 — 0.070 10.14 0.160 35.56 0.067 53.85 0.523 13.87 — — 0.294 — 0.060 — 0.170 — 0.074 — 0.250 12.25 0.105 — 0.145 36.25 — — 0.196 — 0.227 15.52 0.085 — — — 0.110 — 0.533 20.54 0.541 20.93 — — — — — — — — — — — — — — — 2.11 — — 1.67 — 2.78 — — — — — — 2.53 — — 4.08 — — — 2.29 — — — 3.33 3.14 — — 1.25 — 3.67 — — — — — 2.68 — 4.14 — — — — — — 7.55 7.41 118.5 140.4 33.7 26.7 8.1 324.1 22.0 61.0 119.3 226.8 42.7 36.2 11.6 26.3 32.2 288.9 18.8 325.1 75.6 118.1 85.1 33.3 45.0 19.7 33.5 48.9 220.6 133.1 16.8 57.2 79.9 19.8 138.5 23.2 416.8 31.3 103.6 68.3 96.7 83.4 43.6 24.0 89.3 75.8 103.2 2.0 60.0 33.3 48.5 24.0 76.0 14.5 46.0 43.2 22.1 582.1 27.3 12.8 21.3 715.5 729.0 — 0.100 0.040 0.345 — 0.430 0.510 0.290 — — 0.170 — 0.235 0.010 0.170 0.400 — — 0.205 — 0.030 1.290 — 0.130 0122 0048 0150 0011 0157 0081 0147 0180 0167 0153 0177 0006 0171 0110 0080 0032 0173 0158 0161 0137 0140 0089 0145 0165 AIM ANCOMLB ASIABIO BTECH FOCUSP IDEAL INNITY KTC MCLEAN OVERSEA PASUKGB PINEAPP PLABS RA RAYA REDTONE REV SCC SCH STEMLFE STERPRO TEXCYCL TFP XOX 0.250 0.105 0.045 0.350 0.195 0.430 0.550 0.300 0.175 0.185 0.180 0.300 0.240 0.010 0.185 0.405 0.550 1.930 0.205 0.485 0.035 1.330 0.130 0.135 — Unch 0.005 Unch — -0.005 Unch 0.010 — — 0.005 — Unch Unch 0.005 -0.035 — — Unch — Unch 0.020 — Unch — 160 900.3 102 — 93 23 2619.6 — — 190.1 — 95.1 408.3 4066 331.1 — — 430 — 3390 273.1 — 5052.5 — 92.59 0.103 — 0.040 — 0.349 15.98 — — 0.430 18.53 0.541 27.09 0.297 35.71 — 13.89 — — 0.174 66.67 — — 0.238 13.79 0.010 — 0.185 — 0.413 — — 21.57 — 12.81 0.205 30.60 — — 0.031 — 1.322 28.66 — 118.18 0.135 11.54 — — — 3.60 5.13 — — — — 1.62 — — 2.92 — — 0.49 — 2.59 7.32 — — 0.56 — — 66.5 49.7 42.9 88.2 32.2 81.6 76.1 153.1 31.3 45.3 58.4 14.6 49.6 9.7 26.5 306.7 74.1 82.6 84.5 120.0 34.6 227.2 26.7 75.1 — 0053 OSKVI 0.405 — — 4.94 80.0 — — 28 Markets T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY TUE B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S Bursa Malaysia Equity Derivatives Main Market & Ace Market Warrants YEAR HIGH YEAR LOW DAY HIGH DAY LOW 0.070 0.100 0.340 0.085 0.170 0.095 0.285 0.100 0.150 0.150 1.210 0.470 0.435 0.605 0.380 0.485 0.315 0.305 0.320 0.200 0.295 0.110 0.040 0.105 0.120 0.095 0.150 0.075 0.085 0.045 0.100 0.070 0.125 0.050 0.135 0.075 0.085 0.130 0.155 0.135 0.765 0.035 0.175 0.125 0.035 0.050 0.180 0.860 0.050 0.170 0.125 0.130 0.150 0.380 0.150 0.210 0.485 0.310 0.280 0.165 0.155 0.100 0.185 0.060 0.105 0.160 0.165 1.780 0.075 0.065 0.140 0.105 0.185 0.285 0.330 0.140 1.330 0.023 0.285 0.205 0.505 0.175 0.180 0.140 0.290 0.225 0.055 0.105 0.140 0.500 0.160 0.055 0.045 0.090 0.120 0.055 0.155 0.255 0.030 0.115 0.095 0.450 0.150 0.065 0.160 0.160 0.125 0.225 0.105 0.090 0.110 0.120 0.255 0.420 0.065 0.105 0.110 0.050 0.215 0.115 0.210 0.140 0.115 0.155 0.135 0.140 0.110 0.130 0.145 0.105 0.175 0.100 0.155 0.330 0.090 0.090 0.200 0.120 0.200 0.145 0.195 0.055 0.075 0.035 0.020 0.050 0.005 0.190 0.100 0.015 0.060 0.320 0.085 0.060 0.185 0.060 0.125 0.110 0.125 0.190 0.130 0.230 0.010 0.010 0.005 0.040 0.015 0.050 0.070 0.085 0.025 0.005 0.010 0.045 0.015 0.055 0.045 0.050 0.005 0.020 0.010 0.100 0.015 0.095 0.050 0.005 0.025 0.100 0.130 0.020 0.005 0.015 0.070 0.040 0.150 0.005 0.080 0.225 0.090 0.115 0.020 0.055 0.070 0.135 0.015 0.020 0.095 0.100 1.110 0.005 0.035 0.060 0.065 0.060 0.040 0.080 0.090 0.410 0.005 0.010 0.060 0.255 0.025 0.065 0.020 0.095 0.025 0.020 0.100 0.135 0.005 0.040 0.035 0.005 0.020 0.015 0.010 0.020 0.125 0.010 0.015 0.080 0.255 0.075 0.020 0.105 0.120 0.005 0.005 0.030 0.045 0.065 0.075 0.130 0.215 0.015 0.030 0.005 0.005 0.020 0.020 0.030 0.065 0.020 0.030 0.130 0.030 0.035 0.115 0.060 0.065 0.085 0.060 0.065 0.110 0.020 0.025 0.080 0.005 0.025 0.060 0.025 0.055 0.085 0.215 — — — — — — 0.110 1.110 0.435 — 0.555 0.340 — 0.275 0.265 — 0.165 0.255 — 0.025 0.060 0.065 — 0.070 — — — 0.005 — — — 0.075 — 0.055 — 0.020 — — 0.025 0.150 — — — 0.100 — 0.025 — — — 0.085 0.305 — 0.135 0.315 0.110 — 0.025 0.065 0.080 0.155 — 0.025 0.125 — — — — 0.085 0.090 — — — 0.100 0.975 — 0.020 — — 0.045 — 0.020 0.095 — — — — — 0.040 0.040 0.010 0.030 — — — 0.150 0.020 0.020 — 0.325 — — — 0.160 — 0.010 — 0.045 — — — — — 0.050 — 0.005 0.075 0.030 0.045 0.070 0.025 0.030 — — — — — — — — — 0.195 0.040 0.040 0.110 — 0.025 — — 0.055 0.075 0.205 — — — — — — 0.110 1.110 0.435 — 0.530 0.325 — 0.260 0.255 — 0.150 0.240 — 0.020 0.050 0.065 — 0.070 — — — 0.005 — — — 0.070 — 0.050 — 0.020 — — 0.020 0.145 — — — 0.100 — 0.020 — — — 0.075 0.285 — 0.125 0.300 0.110 — 0.020 0.055 0.075 0.140 — 0.025 0.120 — — — — 0.085 0.085 — — — 0.090 0.965 — 0.010 — — 0.045 — 0.020 0.095 — — — — — 0.040 0.035 0.010 0.030 — — — 0.145 0.020 0.015 — 0.320 — — — 0.160 — 0.005 — 0.045 — — — — — 0.045 — 0.005 0.060 0.020 0.035 0.070 0.025 0.030 — — — — — — — — — 0.195 0.040 0.040 0.110 — 0.025 — — CODE 5238CU 5238CV 5238WA 7086WA 0018WA 6599CE 6599CF 6599CG 5185CT 7315WB 509926 509927 509928 509930 509931 509932 509933 509934 509935 509936 509937 5014CO 0159WA 9342WA 9342WB 5194WA 0119WA 52815 7007WB 521010 521011 521012 521013 521014 521015 521016 521017 5210C6 5210C8 5210C9 0068WB 0150WA 0105WA 6399CV 7070WA 7070WB 7099WB 7099WC 0072WA 6888C4 6888C5 6888C7 6888C8 7078WA 4162CE 7241WA 5258WA 6998WA 3239WA 5248CJ 5248CL 5248CM 5248CN 3395C1 3395CZ 3395WB 3395WC 5196WA 6025WA 7187WA 7036WB 7036WC 9938WB 7188WA 7188WB 1818C9 7174WA 5229WA 0163WA 7076CC 7076WA 5195WA 5195WB 102310 102311 1023C8 2852CP 2852CQ 2852CR 5071WA 0102WA 0102WB 5214WA 0051WA 5141CT 5141CV 5141CW 7212WA 0152WA 7277C5 7277C6 7277WA 694710 694711 694712 694713 6947C7 6947C9 0029WA 0029WB 7114WA 5835WC 5265WA 7169WA 7198WA 7198WB 161916 161918 161919 161920 161921 161922 5216CG 5216CI 5216CJ 5216CK 5216CL 5216CM 5216CN 5216CO 3417C2 3417C3 3417C4 3417WB 0154WB 0154WC 3557WC 8206CB 8206CC 8206CD 8206CE WARRANTS AAX-CU AAX-CV AAX-WA ABLEGRP-WA ACCSOFT-WA AEON-CE AEON-CF AEON-CG AFFIN-CT AHB-WB AIRASIAC26 AIRASIAC27 AIRASIAC28 AIRASIAC30 AIRASIAC31 AIRASIAC32 AIRASIAC33 AIRASIAC34 AIRASIAC35 AIRASIAC36 AIRASIAC37 AIRPORT-CO AMEDIA-WA ANZO-WA ANZO-WB APFT-WA APPASIA-WA APPLE-C15 ARK-WB ARMADA-C10 ARMADA-C11 ARMADA-C12 ARMADA-C13 ARMADA-C14 ARMADA-C15 ARMADA-C16 ARMADA-C17 ARMADA-C6 ARMADA-C8 ARMADA-C9 ASDION-WB ASIABIO-WA ASIAPLY-WA ASTRO-CV ASUPREM-WA ASUPREM-WB ATTA-WB ATTA-WC AT-WA AXIATA-C4 AXIATA-C5 AXIATA-C7 AXIATA-C8 AZRB-WA BAT-CE BHS-WA BIMB-WA BINTAI-WA BJASSET-WA BJAUTO-CJ BJAUTO-CL BJAUTO-CM BJAUTO-CN BJCORP-C1 BJCORP-CZ BJCORP-WB BJCORP-WC BJFOOD-WA BJMEDIA-WA BKOON-WA BORNOIL-WB BORNOIL-WC BRIGHT-WB BTM-WA BTM-WB BURSA-C9 CAB-WA CAP-WA CAREPLS-WA CBIP-CC CBIP-WA CENSOF-WA CENSOF-WB CIMB-C10 CIMB-C11 CIMB-C8 CMSB-CP CMSB-CQ CMSB-CR COASTAL-WA CONNECT-WA CONNECT-WB CSL-WA CUSCAPI-WA DAYANG-CT DAYANG-CV DAYANG-CW DESTINI-WA DGB-WA DIALOG-C5 DIALOG-C6 DIALOG-WA DIGI-C10 DIGI-C11 DIGI-C12 DIGI-C13 DIGI-C7 DIGI-C9 DIGISTA-WA DIGISTA-WB DNONCE-WA DOLMITE-WC DOLPHIN-WA DOMINAN-WA DPS-WA DPS-WB DRBHCOMC16 DRBHCOMC18 DRBHCOMC19 DRBHCOMC20 DRBHCOMC21 DRBHCOMC22 DSONIC-CG DSONIC-CI DSONIC-CJ DSONIC-CK DSONIC-CL DSONIC-CM DSONIC-CN DSONIC-CO E&O-C2 E&O-C3 E&O-C4 E&O-WB EAH-WB EAH-WC ECOFIRS-WC ECOWLD-CB ECOWLD-CC ECOWLD-CD ECOWLD-CE CLOSE (RM) +/(RM) 0.055 0.085 0.215 0.030 0.130 0.005 0.205 0.100 0.015 0.110 1.110 0.435 0.375 0.555 0.325 0.445 0.270 0.265 0.290 0.155 0.240 0.015 0.020 0.060 0.065 0.020 0.070 0.070 0.085 0.025 0.005 0.010 0.045 0.020 0.070 0.050 0.055 0.005 0.020 0.015 0.155 0.025 0.145 0.105 0.005 0.035 0.100 0.660 0.025 0.005 0.025 0.070 0.085 0.300 0.005 0.135 0.300 0.110 0.140 0.025 0.065 0.080 0.155 0.015 0.025 0.125 0.130 1.110 0.010 0.045 0.085 0.090 0.060 0.040 0.080 0.095 0.975 0.005 0.015 0.080 0.420 0.045 0.075 0.020 0.095 0.030 0.055 0.105 0.140 0.005 0.040 0.040 0.010 0.030 0.015 0.015 0.020 0.150 0.020 0.020 0.080 0.320 0.075 0.030 0.155 0.160 0.005 0.010 0.045 0.045 0.080 0.120 0.130 0.250 0.040 0.050 0.005 0.005 0.070 0.030 0.040 0.070 0.025 0.030 0.135 0.035 0.040 0.115 0.060 0.065 0.085 0.060 0.105 0.195 0.040 0.040 0.110 0.005 0.025 0.060 0.025 -0.005 0.005 Unch — — — — — — Unch -0.030 -0.010 — -0.005 -0.010 — -0.005 Unch — -0.005 -0.015 — -0.005 0.005 Unch — -0.025 — — — Unch — — — 0.005 — Unch — Unch — — Unch Unch — — — -0.010 — Unch — — — -0.005 0.005 — 0.010 -0.005 -0.005 — -0.035 -0.040 0.005 0.020 — -0.005 0.005 — — — — 0.005 Unch — — — -0.030 Unch — Unch — — 0.005 — -0.005 -0.005 — — — — — -0.005 -0.005 Unch Unch — — — Unch Unch -0.005 — Unch — — — 0.010 — Unch — -0.005 — — — — — Unch — Unch 0.005 0.010 -0.005 0.005 Unch Unch — — — — — — — — — Unch 0.005 Unch -0.005 — -0.005 — — VOL PARENT EXE (‘000) PRICE PRICE 40 438.1 9872 — — — — — — 60 10 10 — 110 793.2 — 2731.6 716.8 — 106 3490 — 1510.7 505.5 8.5 — 10 — — — 126.4 — — — 619.8 — 230 — 300 — — 762 1593 — — — 20.5 — 330.1 — — — 51 700.9 — 50.1 435.7 192.9 — 334.2 68 140 185.2 — 200 478.6 — — — — 276.7 2055 — — — 69.4 34 — 1861.8 — — 0.1 — 14 120 — — — — — 99 1142.7 771.1 156 — — — 382.6 3129.5 118.2 — 37.2 — — — 30 — 685.7 — 50 — — — — — 266 — 0.1 8894.2 2864 12633.6 50 40 1000 — — — — — — — — — 65.7 189.5 196.3 1.3 — 200 — — PR’M (%) 0.355 0.490 53.52 0.355 0.390 33.80 0.355 0.460 90.14 0.100 0.150 80.00 0.185 0.100 24.32 2.570 3.150 23.15 2.570 2.650 15.08 2.570 3.000 28.40 2.100 2.400 15.00 0.215 0.200 44.19 2.570 0.900 -0.19 2.570 1.280 0.58 2.570 1.480 1.36 2.570 2.000 21.01 2.570 1.500 0.10 2.570 1.500 1.65 2.570 2.100 7.98 2.570 2.000 8.75 2.570 2.000 11.67 2.570 2.850 28.99 2.570 2.450 18.68 6.490 6.800 5.70 0.110 1.100 918.18 0.225 0.250 37.78 0.225 0.250 40.00 0.050 0.400 740.00 0.120 0.130 66.67 382.4 492.00 37.80 0.305 1.000 255.74 0.680 1.080 66.18 0.680 1.000 48.53 0.680 1.150 72.06 0.680 1.000 60.29 0.680 0.950 45.59 0.680 0.800 27.94 0.680 0.800 30.15 0.680 0.850 37.13 0.680 1.000 48.53 0.680 0.880 36.76 0.680 0.980 49.63 0.230 0.500 184.78 0.045 0.100 177.78 0.250 0.100 -2.00 2.800 3.000 14.64 0.125 0.200 64.00 0.125 0.200 88.00 0.540 1.000 103.70 0.540 1.000 207.41 0.050 0.120 190.00 5.500 6.400 16.64 5.500 6.500 20.00 5.500 6.200 18.20 5.500 5.850 11.00 0.635 0.700 57.48 51.000 57.000 12.25 0.415 0.600 77.11 3.970 4.720 26.45 0.210 0.200 47.62 0.780 1.000 46.15 2.240 2.400 10.49 2.240 2.200 6.92 2.240 2.100 8.04 2.240 2.200 12.05 0.360 0.430 24.86 0.360 0.370 9.72 0.360 1.000 212.50 0.360 1.000 213.89 1.740 0.700 4.02 0.400 0.870 120.00 0.100 0.200 145.00 0.150 0.100 23.33 0.150 0.100 26.67 0.290 0.820 203.45 0.195 0.940 402.56 0.195 0.200 43.59 8.600 8.900 6.80 1.560 0.550 -2.24 0.035 1.435 4,015. 0.345 0.320 -2.90 2.000 2.150 15.50 2.000 2.400 41.00 0.190 0.460 165.79 0.190 0.460 181.58 4.230 4.800 15.84 4.230 4.500 13.57 4.230 5.000 21.04 3.350 5.560 75.82 3.350 4.200 37.91 3.350 3.600 28.36 1.480 3.180 115.20 0.085 0.100 64.71 0.085 0.100 64.71 0.080 1.150 1,350 0.095 0.270 215.79 1.050 1.580 56.19 1.050 1.780 74.52 1.050 1.500 47.62 0.555 0.400 -0.90 0.045 0.110 188.89 1.520 1.500 1.97 1.520 1.480 18.42 1.520 1.190 -0.66 4.740 5.700 26.58 4.740 5.400 16.46 4.740 4.700 7.33 4.740 4.500 8.44 4.740 5.000 6.33 4.740 5.100 8.12 0.160 0.130 9.37 0.160 0.260 90.63 0.225 0.250 46.67 0.315 0.500 96.83 0.580 0.800 60.34 1.120 1.300 38.39 0.090 0.540 544.44 0.090 0.100 66.67 0.845 1.400 66.86 0.845 1.300 55.33 0.845 1.000 26.63 0.845 1.100 39.05 0.845 0.950 19.53 0.845 1.000 30.77 1.230 1.580 36.59 1.230 1.380 20.73 1.230 1.480 58.74 1.230 1.630 41.06 1.230 1.420 28.46 1.230 1.500 45.33 1.230 1.450 30.08 1.230 1.550 39.23 1.630 1.550 5.52 1.630 1.680 10.43 1.630 1.500 11.35 1.630 2.600 71.47 0.080 0.120 100.00 0.080 0.100 75.00 0.255 0.300 60.78 1.220 1.680 38.73 1.220 1.300 10.66 1.220 1.400 24.59 1.220 1.520 28.69 EXPIRY DATE 30/12/2016 30/12/2016 08/06/2020 19/01/2017 18/01/2019 30/06/2016 31/01/2017 26/01/2017 30/09/2016 28/08/2019 18/07/2016 28/10/2016 28/10/2016 31/01/2017 15/08/2016 30/09/2016 28/10/2016 28/02/2017 17/02/2017 30/12/2016 30/12/2016 30/06/2016 02/01/2018 19/11/2019 25/08/2023 13/07/2018 23/12/2024 26/01/2017 30/06/2021 28/11/2016 07/10/2016 29/07/2016 30/09/2016 30/09/2016 28/02/2017 30/11/2016 22/02/2017 30/08/2016 28/11/2016 28/11/2016 24/03/2019 19/04/2024 13/12/2020 31/01/2017 08/08/2016 20/06/2018 09/05/2022 18/11/2024 29/01/2019 29/07/2016 28/10/2016 30/09/2016 31/01/2017 13/05/2024 29/07/2016 18/10/2020 04/12/2023 15/06/2020 16/03/2018 18/07/2016 29/07/2016 28/11/2016 28/02/2017 30/08/2016 31/10/2016 22/04/2022 29/05/2026 08/08/2017 16/12/2016 07/07/2023 28/02/2018 08/11/2025 12/01/2019 20/12/2019 23/10/2024 31/01/2017 08/02/2020 29/12/2016 09/08/2016 11/11/2016 06/11/2019 18/07/2017 07/10/2019 10/08/2016 30/08/2016 18/07/2016 20/10/2016 22/02/2017 30/12/2016 18/07/2016 17/09/2021 07/06/2021 18/09/2017 24/04/2018 28/11/2016 28/11/2016 07/10/2016 03/10/2016 22/04/2018 29/07/2016 28/11/2016 10/02/2017 28/10/2016 28/10/2016 30/11/2016 22/02/2017 18/07/2016 30/09/2016 07/02/2017 04/04/2023 25/11/2020 08/08/2017 29/03/2021 10/09/2020 03/01/2018 15/01/2025 30/08/2016 29/07/2016 30/11/2016 30/11/2016 15/12/2016 17/02/2017 28/10/2016 30/08/2016 30/08/2016 30/08/2016 29/07/2016 28/10/2016 23/11/2016 28/10/2016 28/07/2016 28/07/2016 23/11/2016 21/07/2019 24/02/2019 18/06/2019 10/09/2019 30/06/2016 28/07/2016 28/07/2016 28/07/2016 YEAR HIGH YEAR LOW DAY HIGH DAY LOW 0.595 0.105 0.160 0.120 0.190 0.240 1.480 0.815 0.600 0.065 0.840 0.330 0.625 0.860 0.230 0.285 0.205 0.120 0.095 0.195 0.405 0.190 0.135 0.245 0.200 0.090 0.075 0.165 0.110 0.215 0.265 0.190 0.140 0.545 0.130 0.110 0.155 0.215 0.125 0.210 0.185 0.140 0.640 0.625 0.100 0.205 0.210 0.340 0.200 0.060 0.590 0.110 0.255 1.160 0.305 0.180 0.580 0.220 0.220 0.395 2.380 0.185 0.265 0.100 0.050 0.180 0.115 6.200 0.120 1.510 0.190 0.320 0.630 1.000 1.490 1.180 0.550 0.920 1.350 0.540 0.835 1.050 0.805 1.290 0.440 0.660 0.980 1.310 1.650 0.735 1.070 1.500 0.600 0.915 1.270 1.250 1.420 1.600 0.230 0.010 0.360 0.250 0.135 0.170 0.110 2.320 0.040 0.225 0.150 0.090 0.935 0.370 0.075 0.240 0.080 3.000 0.025 1.470 0.300 0.865 0.165 0.185 0.585 0.700 0.190 0.640 0.620 0.450 0.045 0.045 0.470 0.130 0.290 0.200 0.270 0.185 0.170 0.105 0.330 0.235 0.095 0.350 0.405 0.185 0.465 0.285 0.340 0.090 0.085 0.080 0.090 0.120 0.195 0.390 0.600 0.020 0.180 0.090 0.300 0.220 0.060 0.085 0.110 0.005 0.085 0.005 0.080 0.055 0.035 0.105 0.070 0.020 0.025 0.110 0.070 0.180 0.035 0.010 0.090 0.215 0.020 0.035 0.060 0.145 0.065 0.135 0.160 0.100 0.030 0.075 0.060 0.170 0.010 0.010 0.090 0.030 0.150 0.040 0.130 0.805 0.085 0.100 0.180 0.075 0.070 0.295 0.530 0.065 0.120 0.020 0.025 0.060 0.080 3.100 0.010 0.625 0.017 0.190 0.115 0.285 0.705 0.540 0.190 0.395 0.735 0.190 0.320 0.615 0.450 0.785 0.260 0.570 0.945 0.120 0.330 0.090 0.230 0.430 0.235 0.415 0.665 0.690 0.890 1.310 0.025 0.005 0.155 0.160 0.115 0.090 0.045 0.813 0.010 0.040 0.030 0.030 0.120 0.025 0.005 0.005 0.020 1.300 0.010 0.350 0.005 0.260 0.065 0.090 0.130 0.470 0.035 0.260 0.300 0.215 0.025 0.025 0.230 0.045 0.130 0.100 0.100 0.080 0.035 0.005 0.070 0.070 0.035 0.155 0.130 0.010 0.305 0.100 0.355 — — — — 0.130 1.040 0.520 — 0.020 — — 0.315 0.245 0.170 0.160 0.145 — — 0.005 0.105 0.070 0.055 0.125 0.085 0.020 0.025 0.125 0.075 0.200 0.090 0.035 0.100 0.280 0.035 0.040 0.115 0.190 0.105 0.190 0.185 0.140 0.050 0.145 0.075 0.175 0.030 0.035 0.100 0.035 0.215 0.050 0.160 0.940 0.195 0.100 0.220 0.085 0.070 0.305 1.470 0.160 0.130 0.045 0.030 0.110 0.080 5.900 0.015 1.000 0.130 0.195 0.155 0.370 0.780 0.660 0.240 0.485 0.950 0.240 0.395 0.805 0.630 1.080 0.370 0.660 0.980 0.310 0.650 0.180 0.320 0.645 0.350 0.620 1.060 0.945 1.200 1.560 0.035 0.005 0.160 0.220 0.125 0.100 0.050 1.330 0.015 0.055 0.095 0.035 0.460 0.030 0.005 0.010 0.025 2.460 0.015 1.210 0.015 0.675 0.065 0.105 0.145 0.620 0.035 0.320 0.530 0.365 0.035 0.035 0.230 0.055 0.180 0.125 0.100 0.085 0.060 0.005 0.080 0.080 0.035 0.275 0.300 0.115 0.370 0.115 0.350 — — — — 0.130 0.960 0.505 — 0.020 — — 0.315 0.220 0.160 0.130 0.145 — — 0.005 0.080 0.065 0.045 0.110 0.075 0.020 0.025 0.110 0.070 0.180 0.060 0.020 0.100 0.235 0.030 0.040 0.085 0.170 0.095 0.165 0.180 0.110 0.035 0.120 0.070 0.175 0.025 0.030 0.090 0.035 0.200 0.050 0.155 0.925 0.190 0.100 0.180 0.080 0.070 0.295 1.370 0.155 0.120 0.045 0.030 0.110 0.080 5.870 0.010 0.950 0.105 0.190 0.135 0.285 0.745 0.560 0.190 0.420 0.860 0.215 0.330 0.710 0.560 1.080 0.340 0.660 0.960 0.200 0.505 0.105 0.320 0.560 0.295 0.610 0.870 0.840 1.120 1.560 0.030 0.005 0.160 0.215 0.115 0.090 0.050 1.280 0.015 0.045 0.090 0.030 0.405 0.030 0.005 0.010 0.025 2.430 0.015 1.190 0.010 0.650 0.065 0.100 0.140 0.620 0.035 0.320 0.520 0.345 0.030 0.030 0.230 0.050 0.175 0.120 0.100 0.080 0.060 0.005 0.070 0.075 0.035 0.270 0.280 0.095 0.370 0.100 CODE 8206WA 1368CD 1368CE 1368CF 1368CG 0107WA 0065WA 8907WC 5081WA 7182WA 8877WB 7149WA 5056WA 7249WA 7047WB 9776WB 56011 0650C3 65030 0650C4 65046 65048 65050 65052 65054 65056 65058 65068 65070 65074 65037 65043 65047 65051 65053 65055 65059 65061 65063 65067 65071 65075 0650HV 0650HW 522211 522212 5222C6 5222C8 9318WB 0116WC 7210WA 9377WA 539826 5398WE 5226WA 471513 318225 318228 318229 318232 3182WA 70010 1147WA 0074WA 7096WA 7676WB 3034CT 3034WA 5168CS 5095WB 5072WA 7213WB 65121 65122 65123 65124 65130 65132 65134 65136 65138 65140 65142 65144 65148 65150 65152 65125 65127 65129 65131 65133 65135 65137 65139 65143 65151 65157 6238CD 7013WB 4251WA 9687WB 3336C1 3336CZ 0166CQ 0166WB 0094WA 1961C9 5175WA 0024WA 7167WA 4383CE 4383CI 5247CL 5247CN 7216WA 3115WC 7161WA 3565WE 5171WA 7164WA 7164WB 7017WB 5878WB 5038CF 8494WA 5789WA 5789WB 5068WA 5068WB 7617WB 8583C2 8583WB 8583WC 5264CJ 5264CN 6012CT 115517 115518 115519 115521 5152WA 1694WB 0075WA 3069WA 3662WB WARRANTS ECOWLD-WA EDGENTA-CD EDGENTA-CE EDGENTA-CF EDGENTA-CG EDUSPEC-WA EFORCE-WA EG-WC EIG-WA EKA-WA EKOVEST-WB ENGKAH-WA ENGTEX-WA EWEIN-WA FAJAR-WB FARMBES-WB FB-C11 FBMKLCI-C3 FBMKLCI-C30 FBMKLCI-C4 FBMKLCI-C46 FBMKLCI-C48 FBMKLCI-C50 FBMKLCI-C52 FBMKLCI-C54 FBMKLCI-C56 FBMKLCI-C58 FBMKLCI-C68 FBMKLCI-C70 FBMKLCI-C74 FBMKLCI-H37 FBMKLCI-H43 FBMKLCI-H47 FBMKLCI-H51 FBMKLCI-H53 FBMKLCI-H55 FBMKLCI-H59 FBMKLCI-H61 FBMKLCI-H63 FBMKLCI-H67 FBMKLCI-H71 FBMKLCI-H75 FBMKLCI-HV FBMKLCI-HW FGV-C11 FGV-C12 FGV-C6 FGV-C8 FITTERS-WB FOCUS-WC FREIGHT-WA FSBM-WA GAMUDA-C26 GAMUDA-WE GBGAQRS-WA GENM-C13 GENTINGC25 GENTINGC28 GENTINGC29 GENTINGC32 GENTING-WA GLD-C10 GOB-WA GOCEAN-WA GPA-WA GUNUNG-WB HAPSENG-CT HAPSENG-WA HARTA-CS HEVEA-WB HIAPTEK-WA HOVID-WB HSI-C21 HSI-C22 HSI-C23 HSI-C24 HSI-C30 HSI-C32 HSI-C34 HSI-C36 HSI-C38 HSI-C40 HSI-C42 HSI-C44 HSI-C48 HSI-C50 HSI-C52 HSI-H25 HSI-H27 HSI-H29 HSI-H31 HSI-H33 HSI-H35 HSI-H37 HSI-H39 HSI-H43 HSI-H51 HSI-H57 HSL-CD HUBLINE-WB IBHD-WA IDEALUBB-WB IJM-C1 IJM-CZ INARI-CQ INARI-WB INIX-WA IOICORP-C9 IVORY-WA JAG-WA JOHOTIN-WA JTIASA-CE JTIASA-CI KAREX-CL KAREX-CN KAWAN-WA KBUNAI-WC KERJAYA-WA KEURO-WE KIMLUN-WA KNM-WA KNM-WB KOMARK-WB KPJ-WB KSL-CF LBICAP-WA LBS-WA LBS-WB LUSTER-WA LUSTER-WB MAGNA-WB MAHSING-C2 MAHSING-WB MAHSING-WC MALAKOF-CJ MALAKOF-CN MAXIS-CT MAYBANKC17 MAYBANKC18 MAYBANKC19 MAYBANKC21 MBL-WA MENANG-WB MEXTER-WA MFCB-WA MFLOUR-WB CLOSE (RM) +/(RM) 0.355 0.100 0.115 0.105 0.105 0.130 0.995 0.520 0.600 0.020 0.610 0.100 0.315 0.225 0.170 0.160 0.145 0.005 0.090 0.005 0.100 0.070 0.050 0.125 0.085 0.020 0.025 0.120 0.075 0.200 0.070 0.025 0.100 0.250 0.030 0.040 0.100 0.170 0.095 0.170 0.180 0.115 0.040 0.125 0.075 0.175 0.030 0.030 0.095 0.035 0.200 0.050 0.160 0.940 0.195 0.100 0.205 0.080 0.070 0.305 1.440 0.160 0.130 0.045 0.030 0.110 0.080 5.900 0.015 0.995 0.120 0.195 0.145 0.325 0.780 0.615 0.220 0.460 0.905 0.235 0.380 0.770 0.615 1.080 0.360 0.660 0.980 0.230 0.535 0.180 0.320 0.580 0.295 0.610 0.910 0.850 1.120 1.560 0.035 0.005 0.160 0.215 0.125 0.100 0.050 1.290 0.015 0.055 0.095 0.030 0.440 0.030 0.005 0.010 0.025 2.460 0.015 1.190 0.015 0.650 0.065 0.105 0.145 0.620 0.035 0.320 0.530 0.345 0.035 0.035 0.230 0.050 0.180 0.125 0.100 0.085 0.060 0.005 0.080 0.075 0.035 0.270 0.280 0.115 0.370 0.115 -0.010 — — — — -0.010 -0.005 -0.005 — -0.005 — — Unch -0.035 0.005 0.005 -0.010 — — Unch Unch Unch 0.005 0.010 0.005 Unch Unch -0.005 Unch 0.005 -0.005 Unch -0.005 -0.015 Unch Unch -0.005 -0.005 -0.010 -0.005 -0.005 Unch -0.005 Unch -0.010 0.005 0.005 -0.005 Unch Unch -0.020 -0.010 0.005 Unch -0.005 -0.005 0.005 0.005 Unch -0.045 0.010 0.005 Unch -0.005 -0.005 -0.010 -0.025 0.020 0.005 0.025 0.015 Unch Unch -0.030 -0.200 -0.015 Unch -0.015 -0.205 -0.015 -0.020 Unch Unch 0.010 0.045 0.040 0.025 -0.005 -0.050 0.005 0.005 -0.020 -0.040 0.150 -0.070 -0.025 0.180 -0.040 0.005 Unch -0.005 -0.005 Unch -0.005 -0.005 -0.010 Unch 0.005 Unch Unch -0.015 Unch Unch 0.005 Unch 0.030 Unch -0.030 0.005 -0.025 Unch -0.005 Unch -0.040 -0.005 0.005 0.010 -0.020 Unch Unch Unch -0.020 -0.005 Unch -0.010 -0.005 0.005 Unch 0.005 0.005 Unch -0.010 -0.025 0.010 Unch 0.005 VOL PARENT EXE (‘000) PRICE PRICE 30.2 — — — — 20 486.8 468.9 — 18.6 — — 167 869 194.7 39.4 30 — — 20 2207.5 590 915 145 480.2 40 250 240 175 240 2475.8 2755.1 100 6566.8 3637.7 50 3863.4 390 1040 1515 40 2208.7 720.2 11141.1 2481.7 50 914.3 528.3 75 20 105.2 50 35 1109.6 404.4 20 1748 550 100 225 1088 668 160.4 200 98.3 80 10 24.7 200 385.3 3376.8 243.9 6735 14881.5 61 6216.1 10446.9 324.5 285 130.2 1113.9 540 4208 50 412 1.3 60 8643.7 6594.9 367.9 10 308.5 146.5 20 629.5 347 11.9 85 328.1 1732 2.5 20.9 156.2 60 125 262.5 224.5 159.8 140.1 32 1858.7 30 170 30 100 29.3 525 10.7 100 9.5 483.7 27 220.1 1.4 10 18.8 96.1 90.1 250.2 140 100 64.1 129.1 240 70 420 51.3 2274.3 1952.8 268.1 90 85.1 1006.9 9273.5 9 159.7 1.220 3.340 3.340 3.340 3.340 0.250 1.600 0.845 0.820 0.080 1.500 2.030 1.140 0.830 0.520 0.675 458.96 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1,629 1.490 1.490 1.490 1.490 0.420 0.055 1.180 0.210 4.800 4.800 0.945 4.350 7.980 7.980 7.980 7.980 7.980 516.01 0.410 0.100 0.095 0.415 7.600 7.600 4.200 1.220 0.230 0.380 10,672 10,672 10,671 10,672 10,672 10,672 10,671 10,672 10,672 10,672 10,672 10,671 10,671 10,671 10,672 10,672 10,671 10,672 10,672 10,671 10,672 10,672 10,671 10,671 10,671 10,672 1.650 0.010 0.490 0.810 3.400 3.400 2.880 2.880 0.045 4.360 0.425 0.085 2.030 1.100 1.100 2.220 2.220 3.500 0.055 2.010 0.920 1.770 0.405 0.405 0.380 4.200 1.090 1.360 1.560 1.560 0.075 0.075 0.940 1.460 1.460 1.460 1.590 1.590 5.800 8.180 8.180 8.180 8.180 0.850 0.905 0.170 1.740 1.270 2.080 3.680 3.300 3.600 3.230 0.180 0.680 0.500 0.500 0.200 1.350 3.500 0.830 0.610 0.700 1.000 410.00 1,708 1,658 1,700 1,640 1,600 1,650 1,570 1,595 1,710 1,730 1,670 1,630 1,620 1,680 1,600 1,488 1,680 1,570 1,530 1,650 1,710 1,610 1,700 1,580 1,630 1,658 1,700 1.700 1.350 1.500 1.500 1.000 0.050 0.970 0.300 4.500 4.050 1.300 4.300 7.000 7.800 9.300 8.300 7.960 471.50 0.800 0.340 0.100 0.400 7.500 1.650 6.000 0.250 0.690 0.180 22,000 20,600 19,200 20,200 22,400 21,000 19,600 23,200 21,800 20,400 21,200 19,800 23,000 21,600 20,200 19,000 20,400 17,000 18,400 19,800 17,800 19,200 20,600 20,000 20,800 21,800 2.000 0.010 1.410 1.000 3.450 3.700 3.500 1.600 0.100 4.700 0.750 0.100 2.280 1.100 1.700 3.000 3.053 0.930 0.131 0.880 1.180 1.680 0.980 1.000 0.300 4.010 1.400 1.000 1.000 1.250 0.100 0.100 0.900 1.450 1.440 2.100 1.400 1.600 6.300 8.200 8.350 8.600 9.000 0.800 1.000 0.130 2.220 2.060 PR’M (%) 99.59 28.14 16.02 23.50 9.28 24.00 4.69 20.71 34.15 175.00 30.67 77.34 0.44 0.60 67.31 71.85 5.13 5.30 10.64 4.53 2.48 1.20 3.41 1.72 1.54 5.80 7.24 5.43 3.25 4.33 6.11 -0.74 -3.78 7.71 -2.36 -4.39 5.56 12.25 2.88 11.63 1.38 4.97 3.77 9.44 24.16 14.09 6.71 4.70 160.71 54.55 -0.85 66.67 3.75 3.96 58.20 8.05 0.56 9.77 24.00 17.39 17.79 2.54 126.83 285.00 36.84 22.89 9.21 -0.66 45.71 2.05 252.17 -1.32 107.37 95.77 86.49 94.47 111.75 100.65 91.30 119.37 107.48 97.64 103.84 94.65 118.56 107.97 97.54 79.97 95.67 60.81 75.11 90.43 69.28 85.05 100.71 94.58 104.35 117.43 24.39 50.00 220.41 50.00 8.82 14.71 28.47 0.35 155.56 12.21 98.82 52.94 33.99 5.45 56.59 36.34 42.04 -3.14 165.45 2.99 29.89 31.64 158.02 172.84 17.11 10.24 31.65 -2.94 -1.92 2.24 80.00 80.00 20.21 2.74 10.96 52.40 0.63 8.65 11.72 0.86 5.50 7.43 13.88 25.88 41.44 44.12 48.85 71.26 EXPIRY DATE 26/03/2022 28/10/2016 10/08/2016 29/07/2016 31/10/2016 24/12/2018 17/07/2019 03/11/2020 03/01/2017 22/01/2019 25/06/2019 25/09/2017 25/10/2017 09/06/2017 24/09/2019 13/07/2018 29/09/2016 30/06/2016 30/09/2016 29/07/2016 29/07/2016 30/08/2016 30/08/2016 30/08/2016 30/09/2016 31/10/2016 31/10/2016 30/11/2016 30/12/2016 30/12/2016 30/06/2016 29/07/2016 31/01/2017 29/07/2016 30/08/2016 30/08/2016 30/09/2016 31/10/2016 31/10/2016 30/11/2016 30/11/2016 30/12/2016 30/06/2016 29/07/2016 30/11/2016 14/03/2017 29/07/2016 18/07/2016 12/10/2019 06/11/2019 06/01/2017 16/05/2022 30/11/2016 06/03/2021 20/07/2018 30/09/2016 18/07/2016 23/11/2016 30/11/2016 30/12/2016 18/12/2018 29/09/2016 24/12/2019 07/08/2019 03/06/2025 02/10/2020 11/10/2016 09/08/2016 31/01/2017 28/02/2020 09/01/2017 05/06/2018 28/07/2016 28/07/2016 28/07/2016 30/08/2016 29/09/2016 29/09/2016 29/09/2016 28/10/2016 28/10/2016 28/10/2016 29/11/2016 29/11/2016 29/12/2016 29/12/2016 29/12/2016 28/07/2016 28/07/2016 30/08/2016 30/08/2016 30/08/2016 29/09/2016 29/09/2016 29/09/2016 28/10/2016 29/11/2016 29/12/2016 11/11/2016 20/12/2020 08/10/2019 30/03/2021 31/03/2017 28/10/2016 28/10/2016 17/02/2020 16/11/2020 30/12/2016 26/04/2017 14/08/2019 21/11/2017 18/07/2016 28/11/2016 29/07/2016 31/01/2017 28/07/2016 20/10/2023 20/12/2017 26/08/2016 12/03/2024 15/11/2017 21/04/2020 21/01/2020 23/01/2019 11/11/2016 17/04/2018 11/06/2018 04/10/2020 03/06/2022 26/05/2023 04/09/2020 30/09/2016 16/03/2018 21/02/2020 18/07/2016 30/12/2016 30/12/2016 18/07/2016 15/08/2016 30/12/2016 11/10/2016 28/11/2022 09/07/2019 17/09/2018 08/04/2020 09/05/2017 Sin clo SIN low Fri lea Ind Ho at cen fou at end sto cen go min in a sha as tran stra S$ rec lan sch dril M Bu Ma Y H 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 1 0 0 0 0 0 0 5 0 0 0 0 0 0 0 0 0 0 0 1 1 0 Markets 2 9 T U E SDAY J U N E 28 , 20 16 • T HEED G E FINA NCIA L DA ILY B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S RY ATE 022 016 016 016 016 018 019 020 017 019 019 017 017 017 019 018 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 017 016 016 016 016 016 016 016 016 016 016 016 016 017 016 016 019 019 017 022 016 021 018 016 016 016 016 016 018 016 019 019 025 020 016 016 017 020 017 018 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 016 020 019 021 017 016 016 020 020 016 017 019 017 016 016 016 017 016 023 017 016 024 017 020 020 019 016 018 018 020 022 023 020 016 018 020 016 016 016 016 016 016 016 022 019 018 020 017 Singapore stocks — Straits Times Index closes 0.2% lower at 2,729.85 points SINGAPORE: Singapore stocks closed lower yesterday following heavy losses last Friday associated with Britain’s decision to leave the European Union (EU). At 5.04pm, the benchmark Straits Times Index down 5.54 points or 0.2% to 2,729.85. Among the blue chips, DBS Group Holdings shed 25 Singapore cents to close at S$15.26, UOB dropped 24 Singapore cents to S$17.61 while OCBC Bank lost four Singapore cents to S$8.34. Singtel closed seven Singapore cents higher at S$3.89 while Global Logistic Properties ended three Singapore cents lower at S$1.75. Anchor Resources was the most active stock, closing 5.3% higher at 11.9 Singapore cents with 62 million shares traded. The gold producer says it is buying a granitemining firm in Malaysia for S$100 million in a cash and stock deal. Anchor will also place 30.8 million new shares with the founders of GGT Manufacturing as a part of the acquisition deal. The proposed transaction is in line with Anchor’s diversification strategy, the group adds. Keppel Corp closed 0.4% lower at S$5.28. Research OCBC notes that Keppel recently delivered a harsh-environment land rig to an undisclosed customer. The rig was delivered 41 days ahead of schedule, underscoring the world’s biggest drilling rigs builder’s track record of generally The Chinese market had a small fall last Friday after Brexit, but yesterday, main indices climbed steadily after a weak opening. The blue chip CSI 300 Index rose 1.41% to 3,120.54, while the Shanghai Composite Index gained 41.42 points or 1.45% to 2,895.7. Hong Kong’s Hang Seng Index slipped 31.83 points or 0.16% to 20,227.3, while the China Enterprises Index, which tracks Hong Kong-listed Chinese companies, gained 0.44% to 8,567.21 points. All main sectors rose, with Shenzhen’s start-up board ChiNext up 3.1% and consumer shares also rose more than 3%. “Brexit’s direct impact to China is limited, as China’s capital market is not fully open yet,” said Wu Kan, head of equity trading at Shanghai-based investment firm Shanshan Finance. He added that the longer term impact on China needed further assessment. But some analysts quickly quantified Brexit’s impact on China’s economy. Nomura lowered its China gross domestic product growth forecast for 2016 from 6.2% to 6%, predicting Brexit would hurt exports to Europe, and hit sentiment in some areas of economic activity. China stocks — Shanghai stocks “After the epic volatility surge, assets rebound, shrug off Brexit impact that are most sensitive to Brexit, such as the British pound, European banks and SHANGHAI: China stocks rebounded more the Hang Seng, have reflected much of than 1% yesterday, led by small-caps, as the known bearish confluences near term,” investors shrugged off Britain’s decision to wrote Hao Hong, chief strategist at Bank leave the European Union (EU). of Communications International. Shanghai Composite FT Straits Times Index points 3600 3300 sticking to project schedules, adds OCBC. PACC Offshore Services Holdings (Posh) closed down 2.7% to 36 Singapore cents, little helped by a charter contract from Royal Dutch Shell for a semi-submersible accommodation vessel. The vessel, called Posh Arcadia, will be deployed to provide accommodation support for the Shell Prelude floating natural liquefied natural gas project in the Browse Basin, off the northwest coast of Western Australia, PACC said after markets closed last Friday. City Developments (CDL) was down 3.7% to S$8. The developer, which said it earned 12% of its revenue from the UK and has an equal debt exposure there, felt its local strategy insulated it from the events surrounding the nation’s vote to leave the EU. “In the last two years, all of our acquisitions in the UK have been outside Central London and a majority of our UK development projects cater to the local market there. This helps to insulate our projects from any potential impact of UK’s impending exit from the EU,” CDL said in a statement, adding it has confidence in the long-term fundamentals of the UK economy. 2,774.06 +41.42 (+1.45%) 4825 3850 3000 Japanese stocks — Nikkei rebounds on currency intervention optimism after Brexit TOKYO: Japan’s Nikkei Share Average recouped some of previous week’s steep declines yesterday, as government officials stepped up warnings that they may intervene in currency markets to stabilise the yen after Britain voted to leave the European Union. The Nikkei rose 357.19 points or 2.39% to 15,309.21, after diving 7.9% last Friday. The broader Topix gained 1.8% to 1,225.76 and the JPX-Nikkei Index 400 added 1.8% to 11,066.48. The yen rose to a more than 2½-year high of ¥99.11 to the US dollar last Friday. Japan’s Prime Minister Shinzo Abe said yesterday he has instructed Finance Minister Taro Aso to watch currency markets “ever more closely” and take steps if necessary. Traders said that investors remained cautious as they try to assess the impact of the Brexit on Japan’s economy in the long term , and expect the government to contain any fallout. — Agencies Hang Seng Index points 2,895.70 5800 “But even if a technical reprieve could be in store, potential US dollar strength and mild market sentiment despite a significant plunge suggest any oversold relief will be transient, and fraught with bouts of volatility,” he said. “Hence, it will be very difficult to trade.” Nikkei 225 Index points 28900 25625 21,056.93 17625 22350 14450 3,087.842 2700 2875 2,729.85 -5.54 (-0.20%) 2400 Mar 1, 2010 Jun 27, 2016 19075 1900 Mar 1, 2010 Jun 27, 2016 Bursa Malaysia Equity Derivatives Main Market & Ace Market Warrants YEAR HIGH YEAR LOW DAY HIGH DAY LOW 0.485 0.120 0.605 1.260 0.100 0.360 0.240 0.080 0.240 0.360 0.300 0.360 0.180 0.100 0.145 0.105 0.050 0.050 0.125 0.255 0.205 0.320 0.470 0.095 0.385 0.340 0.310 0.185 0.185 0.600 0.865 0.255 0.240 2.280 1.110 0.280 0.195 0.435 0.490 0.090 0.035 5.140 0.070 0.150 0.115 0.150 0.465 0.200 0.050 0.275 0.150 0.110 0.115 1.050 1.000 0.130 0.210 0.030 0.235 0.500 0.020 0.115 0.025 0.035 0.075 0.075 0.135 0.120 0.015 0.025 0.065 0.085 0.020 0.020 0.030 0.150 0.060 0.060 0.255 0.010 0.085 0.120 0.015 0.020 0.145 0.330 0.235 0.105 0.185 0.705 0.645 0.020 0.025 0.160 0.405 0.030 0.015 4.500 0.025 0.015 0.070 0.065 0.270 0.050 0.005 0.025 0.015 0.030 0.065 0.550 0.730 0.055 0.270 0.050 0.480 0.930 0.035 0.250 0.045 0.045 0.120 0.210 0.145 0.165 0.020 0.035 0.085 0.105 0.025 0.025 0.035 0.230 0.075 0.080 0.270 0.060 0.120 0.135 0.035 0.035 0.170 0.405 0.835 0.225 0.210 2.220 0.710 0.060 0.025 0.395 0.440 0.030 0.025 5.000 0.025 0.045 0.075 0.070 0.275 0.060 0.010 0.030 0.015 0.035 0.115 0.580 0.730 0.055 0.270 0.040 0.460 0.920 0.035 0.220 0.040 0.035 0.115 0.210 0.135 0.120 0.015 0.025 0.065 0.090 0.020 0.025 0.035 0.220 0.070 0.080 0.260 0.050 0.110 0.130 0.025 0.030 0.155 0.400 0.835 0.200 0.210 2.140 0.695 0.060 0.025 0.395 0.420 0.030 0.020 4.950 0.025 0.040 0.075 0.070 0.270 0.060 0.005 0.025 0.015 0.030 0.110 0.550 0.730 0.055 CODE 5186CY 5026WA 9571WD 6114WB 0085WA 7595WA 2194C1 1651C7 1651WA 0138CM 0138CS 0138CT 0138CU 0138CW 0138CX 0138CZ 0096WA 0096WC 0083WB 0172WA 7071WB 9008WB 5053WC 0005WA 5183C1 8311WC 5681CP 5681CQ 6033CN 1945WC 8869CN 8869CO 8869CP 8869WC 7088WB 4634CV 5204CD 7168WA 8966WA 0007WA 0007WB 7765WA 5256WA 7232WA 5270WA 5157WA 7246WA 4197C3 0060WA 521817 521821 521826 5218HD 7155WA 5242WA 1201WA WARRANTS MHB-CY MHC-WA MITRA-WD MKH-WB MLAB-WA MLGLOBAL-WA MMCCORP-C1 MRCB-C7 MRCB-WA MYEG-CM MYEG-CS MYEG-CT MYEG-CU MYEG-CW MYEG-CX MYEG-CZ NEXGRAM-WA NEXGRAM-WC NOTION-WB OCK-WA OCR-WB OMESTI-WB OSK-WC PALETTE-WA PCHEM-C1 PESONA-WC PETDAG-CP PETDAG-CQ PETGAS-CN PJDEV-WC PMETAL-CN PMETAL-CO PMETAL-CP PMETAL-WC POHUAT-WB POS-CV PRESBHD-CD PRG-WA PRLEXUS-WA PUC-WA PUC-WB RAPID-WA REACH-WA RESINTC-WA RSENA-WA SAUDEE-WA SIGN-WA SIME-C3 SKH-WA SKPETROC17 SKPETROC21 SKPETROC26 SKPETRO-HD SKPRES-WA SOLID-WA SUMATEC-WA CLOSE (RM) +/(RM) 0.270 0.050 0.470 0.920 0.035 0.250 0.040 0.035 0.120 0.210 0.145 0.165 0.020 0.035 0.080 0.105 0.025 0.025 0.035 0.225 0.075 0.080 0.270 0.050 0.115 0.135 0.025 0.030 0.170 0.405 0.835 0.225 0.210 2.220 0.710 0.060 0.025 0.395 0.440 0.030 0.025 4.950 0.025 0.040 0.075 0.070 0.275 0.060 0.005 0.025 0.015 0.035 0.110 0.580 0.730 0.055 Unch 0.010 -0.015 0.050 Unch 0.020 -0.010 -0.005 Unch -0.005 -0.010 0.030 0.005 0.005 0.005 0.015 Unch 0.005 0.005 -0.005 0.015 -0.005 Unch -0.010 0.015 Unch 0.005 -0.005 0.010 -0.055 -0.015 -0.005 -0.015 0.030 0.010 0.005 -0.010 Unch -0.005 Unch Unch -0.030 -0.005 -0.005 Unch 0.005 Unch 0.005 -0.005 -0.005 -0.005 Unch 0.005 -0.025 Unch Unch VOL PARENT EXE (‘000) PRICE PRICE 15 20.1 377 13 274 5.2 268.6 205.5 1446.7 10 36 1460.8 3373.8 690 1004 50.1 116 398.8 60 3273 335.7 49.1 34.3 442.5 321.2 10.2 100 8 14.6 6.2 24.9 644.3 33 467.7 73.5 40 20 107.5 174.1 9.9 459.1 431 150 165.6 2232.7 84.5 41.2 108.9 60 344.7 5 13761.9 315 793.4 4.5 100 PR’M (%) 1.110 0.900 5.41 0.805 1.560 100.00 1.280 1.090 21.88 2.500 1.890 12.40 0.090 0.100 50.00 0.590 0.500 27.12 1.940 2.100 12.37 1.040 1.220 24.04 1.040 2.300 132.69 1.990 1.340 -1.01 1.990 1.590 1.76 1.990 1.775 5.78 1.990 2.300 18.59 1.990 2.350 26.01 1.990 1.900 10.75 1.990 2.000 18.97 0.055 0.100 127.27 0.055 0.100 127.27 0.370 1.000 179.73 0.800 0.710 16.88 0.450 0.350 -5.56 0.505 0.500 14.85 1.510 1.800 37.09 0.075 0.040 20.00 6.500 6.000 1.15 0.345 0.250 11.59 23.220 23.000 0.34 23.220 24.860 9.13 21.780 21.200 6.70 1.390 1.000 1.08 3.350 1.600 -2.39 3.350 2.700 7.46 3.350 3.100 14.48 3.350 1.100 -0.90 1.530 1.000 11.76 2.530 2.770 14.23 2.000 3.000 53.13 1.120 0.750 2.23 1.410 1.200 16.31 0.070 0.100 85.71 0.070 0.100 78.57 5.950 1.000 0.00 0.680 0.750 13.97 0.410 0.500 31.71 0.405 0.500 41.98 0.285 0.500 100.00 0.960 0.970 29.69 7.450 7.900 9.26 0.060 0.100 75.00 1.320 1.700 33.52 1.320 1.980 54.55 1.320 1.850 46.78 1.320 1.600 54.55 1.150 0.550 -1.74 1.320 0.500 -6.82 0.105 0.320 257.14 EXPIRY DATE 30/11/2016 28/07/2017 23/08/2020 29/12/2017 24/04/2020 27/10/2019 30/09/2016 31/03/2017 14/09/2018 30/06/2016 30/08/2016 30/09/2016 29/07/2016 23/11/2016 31/10/2016 14/03/2017 16/05/2022 15/01/2024 02/05/2017 15/12/2020 02/09/2016 30/05/2018 22/07/2020 20/03/2018 18/07/2016 27/01/2020 30/06/2016 31/10/2016 31/03/2017 04/12/2020 18/07/2016 15/12/2016 17/02/2017 22/08/2019 21/10/2020 31/10/2016 11/10/2016 06/07/2019 14/06/2021 25/12/2024 15/02/2019 07/04/2017 12/08/2022 29/09/2016 01/12/2023 31/03/2021 21/04/2021 30/09/2016 16/01/2017 30/09/2016 28/11/2016 30/11/2016 26/01/2017 27/06/2017 16/12/2020 03/03/2021 15800 Mar 1, 2010 Jun 27, 2016 YEAR HIGH YEAR LOW DAY HIGH DAY LOW 0.130 0.195 0.235 1.140 0.140 0.270 0.060 0.120 0.430 0.385 0.765 0.310 0.345 0.280 0.080 0.075 0.200 0.125 0.810 2.890 0.025 0.260 0.680 0.080 1.050 0.160 0.470 0.465 0.170 0.060 0.390 0.250 0.380 0.150 0.130 0.160 0.160 0.240 0.285 0.175 0.150 0.125 0.120 0.075 0.080 0.515 0.165 0.290 0.280 0.095 0.870 0.045 0.025 0.080 0.085 0.850 0.110 0.120 0.460 0.260 0.230 0.040 0.080 0.105 0.630 0.060 0.005 0.010 0.005 0.080 0.060 0.025 0.005 0.135 0.155 0.010 0.045 0.110 0.055 0.360 0.600 0.005 0.105 0.300 0.020 0.005 0.065 0.110 0.050 0.025 0.005 0.195 0.155 0.020 0.005 0.015 0.040 0.005 0.011 0.022 0.025 0.020 0.020 0.005 0.035 0.015 0.220 0.060 0.100 0.130 0.045 0.497 0.010 0.005 0.015 0.040 0.280 0.025 0.010 0.300 0.040 0.075 0.045 0.080 0.125 0.695 0.090 0.015 0.015 0.015 0.085 0.060 0.045 0.005 0.195 0.170 0.010 0.055 0.115 0.100 0.380 2.800 0.010 0.230 0.525 0.020 0.005 0.085 0.135 0.080 0.055 0.040 0.260 0.160 0.070 0.010 0.020 0.095 0.020 0.125 0.155 0.030 0.020 0.020 0.005 0.035 0.045 0.225 0.075 0.170 0.175 0.055 0.550 0.010 0.010 0.020 0.055 0.300 0.070 0.015 0.320 0.040 0.080 0.040 0.080 0.125 0.695 0.070 0.010 0.010 0.015 0.080 0.060 0.025 0.005 0.190 0.170 0.010 0.055 0.115 0.100 0.380 2.710 0.010 0.215 0.465 0.020 0.005 0.080 0.120 0.050 0.045 0.030 0.260 0.160 0.070 0.005 0.020 0.095 0.010 0.120 0.145 0.030 0.020 0.020 0.005 0.035 0.040 0.220 0.070 0.170 0.170 0.050 0.535 0.010 0.010 0.020 0.050 0.300 0.070 0.010 0.320 0.040 0.075 CODE 1201WB 5263CA 5263CC 5211WA 0148WB 710610 710613 710616 7106C3 7106C4 7106C5 7106C8 7082WB 1538WB 5012CG 0132WA 534727 534728 7252WA 7034WA 7079WB 0101WB 8397WC 7113C1 7113C3 7113C6 7113CW 7113CX 5054WA 0118WA 5401WA 5042WB 514818 514820 4588CW 5005CJ 0120WA 0069WB 0069WC 6963CA 6963CB 6963CC 6963CD 6963CF 0066WA 6963WA 9679CX 9679WD 9679WE 5246CN 7245WA 5156WC 0095WA 5155WA 0165WA 7003WA 7020WB 6742CS 6742WB 7028WA 2283WA WARRANTS SUMATEC-WB SUNCON-CA SUNCON-CC SUNWAY-WA SUNZEN-WB SUPERMX-C10 SUPERMX-C13 SUPERMX-C16 SUPERMX-C3 SUPERMX-C4 SUPERMX-C5 SUPERMX-C8 SYF-WB SYMLIFE-WB TAANN-CG TDEX-WA TENAGA-C27 TENAGA-C28 TEOSENG-WA TGUAN-WA TIGER-WB TMCLIFE-WB TNLOGIS-WC TOPGLOV-C1 TOPGLOV-C3 TOPGLOV-C6 TOPGLOV-CW TOPGLOV-CX TRC-WA TRIVE-WA TROP-WA TSRCAP-WB UEMS-C18 UEMS-C20 UMW-CW UNISEM-CJ VIS-WA VIVOCOM-WB VIVOCOM-WC VS-CA VS-CB VS-CC VS-CD VS-CF VSOLAR-WA VS-WA WCT-CX WCT-WD WCT-WE WPRTS-CN WZSATU-WA XDL-WC XINGHE-WA XINQUAN-WA XOX-WA Y&G-WA YKGI-WB YTLPOWR-CS YTLPOWR-WB ZECON-WA ZELAN-WA 10,172.06 15,309.21 11275 20,227.30 -31.83 (-0.16%) Index points 20800 +357.19 (+2.39%) 8100 Mar 1, 2010 CLOSE (RM) +/(RM) 0.040 0.080 0.125 0.695 0.070 0.015 0.015 0.015 0.085 0.060 0.045 0.005 0.195 0.170 0.010 0.055 0.115 0.100 0.380 2.770 0.010 0.230 0.520 0.020 0.005 0.085 0.130 0.080 0.055 0.040 0.260 0.160 0.070 0.010 0.020 0.095 0.020 0.125 0.150 0.030 0.020 0.020 0.005 0.035 0.040 0.220 0.070 0.170 0.170 0.055 0.550 0.010 0.010 0.020 0.055 0.300 0.070 0.010 0.320 0.040 0.080 -0.005 -0.025 Unch Unch -0.020 0.005 -0.005 0.010 -0.010 Unch 0.015 Unch Unch -0.005 Unch Unch -0.005 Unch -0.015 -0.040 Unch 0.005 0.020 Unch -0.010 0.010 0.020 0.025 Unch 0.005 Unch -0.020 -0.005 Unch -0.005 0.015 Unch -0.010 -0.015 Unch Unch -0.005 Unch -0.005 Unch -0.005 -0.010 Unch Unch Unch 0.005 -0.005 Unch Unch 0.005 0.020 Unch Unch Unch Unch Unch Jun 27, 2016 VOL PARENT EXE (‘000) PRICE PRICE 716 50 200 10.2 41.2 145.8 410 20 300 50 12190.4 330 356 0.3 10 100 2 100 2.1 311.3 339.2 411 1040.1 100 7 1312.5 660.1 3828.5 339.1 8095.3 112 6.9 50 80 270 70 17.1 23546.3 3989.4 75.1 65 100 200 500 992.2 868.8 100 45 336.9 100 30 100 20 30 5983.4 6.8 314.2 312.1 60 30 120.2 PR’M (%) 0.105 0.175 104.76 1.550 1.400 0.65 1.550 1.450 5.65 3.000 2.250 -1.83 0.225 0.250 42.22 2.130 3.170 51.64 2.130 4.000 91.31 2.130 2.750 32.63 2.130 2.000 9.86 2.130 2.200 14.55 2.130 2.100 2.82 2.130 3.000 41.78 0.570 0.700 57.02 0.680 1.100 86.76 3.140 4.833 55.78 0.115 0.110 43.48 14.000 13.700 5.66 14.000 14.400 7.86 1.200 1.350 44.17 4.030 1.500 5.96 0.050 0.170 260.00 0.825 0.750 18.79 1.440 1.000 5.56 4.800 7.000 50.83 4.800 7.660 60.05 4.800 5.150 16.15 4.800 4.040 4.48 4.800 4.625 6.35 0.380 0.500 46.05 0.075 0.100 86.67 1.000 1.000 26.00 0.515 0.700 66.99 1.010 0.930 2.48 1.010 1.000 1.98 5.560 7.000 27.70 2.430 2.050 0.00 0.200 0.250 35.00 0.225 0.240 62.22 0.225 0.100 11.11 1.170 1.380 25.64 1.170 1.480 31.62 1.170 1.680 48.72 1.170 1.600 38.21 1.170 1.300 21.58 0.090 0.120 77.78 1.170 1.650 59.83 1.520 1.600 14.47 1.520 1.710 23.68 1.520 2.080 48.03 4.220 4.250 4.62 1.020 0.500 2.94 0.035 0.040 42.86 0.040 0.100 175.00 0.230 1.000 343.48 0.135 0.200 88.89 1.000 1.000 30.00 0.195 0.500 192.31 1.390 1.480 7.55 1.390 1.140 5.04 0.635 1.060 73.23 0.155 0.250 112.90 Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants EXPIRY DATE 13/11/2018 28/07/2016 28/10/2016 17/08/2016 25/02/2021 31/10/2016 31/01/2017 30/09/2016 28/10/2016 28/10/2016 18/07/2016 25/08/2016 11/11/2019 11/11/2020 28/11/2016 21/09/2018 30/08/2016 28/02/2017 29/01/2020 09/10/2019 23/12/2018 21/06/2019 26/12/2018 31/01/2017 15/08/2016 28/02/2017 28/10/2016 10/08/2016 20/01/2017 06/01/2017 06/12/2019 28/12/2020 30/08/2016 18/07/2016 31/01/2017 29/07/2016 01/09/2016 07/09/2018 22/01/2020 28/10/2016 28/10/2016 28/10/2016 29/07/2016 30/09/2016 01/12/2017 06/01/2019 30/12/2016 11/12/2017 27/08/2020 30/09/2016 28/10/2024 02/07/2018 22/03/2019 24/06/2019 10/02/2019 16/11/2019 28/05/2020 30/08/2016 11/06/2018 03/03/2017 25/01/2019 30 Markets T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY INSIDER MOVES . TRADING THEMES . EVENTS . FOREX Trading themes Insider moves (Filings on June 24, 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) DIRECTOR/SUBSTANTIAL SHAREHOLDER SHARES HELD AFTER CHANGE TRANSACTION DATE AL-’AQAR HEALTHCARE REIT 879,900 KUMPULAN WANG PERSARAAN 68,223,000 10, 13, 14 (DIPERBADANKAN) & 16 ATTA GLOBAL GROUP 1,704,110 SKYLITECH RESOURCES S/B 13,857,860 23/6 BERTAM ALLIANCE (745,000) LIM NYUK FOH 21/6 BIMB 500,000 AMANAHRAYA TRUSTEES 99,381,800 20/6 - SKIM AMANAH SAHAM BUMIPUTERA BUMI ARMADA (4,600,000) OMBAK DAMAN S/B 295,148,900 17, 21 & 23/6 CIMB GROUP (4,441,642) MITSUBISHI UFJ FINANCIAL GROUP, INC. 818,217,411 16 & 17/6 JAPAN DIGI.COM (2,141,400) EMPLOYEES PROVIDENT FUND BOARD 893,128,876 20/6 GAMUDA 245,100 AMANAHRAYA TRUSTEES 185,245,100 20 & 21/6 - SKIM AMANAH SAHAM BUMIPUTERA GENTING PLANTATIONS 128,100 EMPLOYEES PROVIDENT FUND BOARD 101,144,900 16 & 20/6 HARTALEGA 1,447,400 EMPLOYEES PROVIDENT FUND BOARD 121,044,600 16, 17 & 20/6 IGB REAL ESTATE INVEST TRUST 159,700 EMPLOYEES PROVIDENT FUND BOARD 248,188,113 20/6 IHH HEALTHCARE 605,500 EMPLOYEES PROVIDENT FUND BOARD 611,748,200 20/6 IJM CORPORATION 1,000,000 EMPLOYEES PROVIDENT FUND BOARD 481,238,578 20/6 IOI CORPORATION 1,082,800 AMANAHRAYA TRUSTEES 316,743,200 20 & 21/6 - SKIM AMANAH SAHAM BUMIPUTERA IOI CORPORATION (1,990,000) EMPLOYEES PROVIDENT FUND BOARD 396,573,673 20/6 IOI PROPERTIES GROUP (1,925,700) EMPLOYEES PROVIDENT FUND BOARD 274,047,786 20/6 KPJ HEALTHCARE 432,200 EMPLOYEES PROVIDENT FUND BOARD 134,205,995 20/6 LII HEN INDUSTRIES (290,000) CHUA LEE SENG 77,444,810 20/6 MALAYAN BANKING (1,480,700) EMPLOYEES PROVIDENT FUND BOARD 1,562,612,705 20/6 MALAYSIA AIRPORTS (1,100,000) EMPLOYEES PROVIDENT FUND BOARD 206,698,393 20/6 MEDA INC. (6,300,000) ONE SIERRA S/B 43,129,700 21/6 MENANG CORPORATION (M) 437,800 TOH MAY FOOK 32,871,700 21/6 MISC 1,171,400 EMPLOYEES PROVIDENT FUND BOARD 306,577,211 14 & 15/6 PPB GROUP (244,900) EMPLOYEES PROVIDENT FUND BOARD 75,179,779 20/6 PUBLIC BANK (2,322,900) EMPLOYEES PROVIDENT FUND BOARD 496,502,295 20/6 REACH ENERGY 4,000,000 LEMBAGA TABUNG HAJI 91,103,100 20 & 21/6 RED SENA 4,766,200 KUMPULAN WANG PERSARAAN 52,274,500 9 & 10/6 (DIPERBADANKAN) SCH GROUP (5,160,000) YEEN YOON HIN 48,216,903 21/6 SCH GROUP (3,440,000) WONG SIN CHIN 49,937,083 21/6 SCH GROUP (5,000,000) LAU MONG LING 68,873,224 21/6 SIME DARBY 552,800 EMPLOYEES PROVIDENT FUND BOARD 781,039,809 20/6 SUNWAY REAL ESTATE (928,200) AMANAHRAYA TRUSTEES 290,650,400 20 & 21/6 INVEST TRUST - SKIM AMANAH SAHAM BUMIPUTERA TDM 703,700 KUMPULAN WANG PERSARAAN 138,631,000 14 & 17/6 (DIPERBADANKAN) TELEKOM MALAYSIA 2,000,000 AMANAHRAYA TRUSTEES 534,273,300 20/6 - SKIM AMANAH SAHAM BUMIPUTERA TELEKOM MALAYSIA (535,000) KUMPULAN WANG PERSARAAN 196,699,238 13 & 17/6 (DIPERBADANKAN) TOP GLOVE CORPORATION 1,778,900 EMPLOYEES PROVIDENT FUND BOARD 95,841,746 20/6 WZ SATU 452,000 DATO’ SRI TENGKU UZIR TENGKU DATO’ 84,951,836 24/6 UBAIDILLAH YTL POWER INTERNATIONAL (1,000,000) EMPLOYEES PROVIDENT FUND BOARD 406,987,491 20/6 Brexit fuels easing bets Reserve Bank of Australia, chief executive officer Glenn Stevens’ risks being dragged back into rate cut fray by Brexit. The yield on three-year Australian debt slumped to an unprecedented 1.5% as bets mounted the RBA would look to shield a local economy already struggling with a decline in capital spending and disinflationary pressures. Chinese aluminium — price and production While every effort is made to ensure accuracy, the information presented is not an exhaustive list and is not an official record of shareholder filings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the official filings filed with Bursa Malaysia. Note: * denotes Ace Market Local events to watch out for today • PUC Founder MSC Bhd annual general meeting (AGM) at Kuala Lumpur Golf & Country Club, Function Room 1& 2, Bukit Kiara, Kuala Lumpur at 9.30am. • MAA Group Bhd extraordinary general meeting (EGM) at Mutiara Complex, Crystal Function Room, 4th Floor, 3½ Miles, Jalan Ipoh, Kuala Lumpur at 10am. • JAKS Resources Bhd AGM and EGM at Evolve Concept Mall, Event Hall, 3rd Floor, Pacific Place @ Ara Damansara, Jalan PJU 1A/4, Ara Damansara, Petaling Jaya, Selangor at 10.30am and 11am. • JKG Land Bhd AGM at Bukit Kiara Equestrian and Country Resort, Dewan Perdana, 1st Floor, Sports Complex, Jalan • • • • Bukit Kiara, off Jalan Damansara, Kuala Stocks closest to year high Lumpur at 10.30 am. STOCK HIGH LOW (RM) (RM) Bina Puri Holdings Bhd AGM at Wisma 0.140 0.110 Bina Puri, Jalan Bukit Idaman 8/1, Bukit FBMKLCI-H75 SKPETRO-HD 0.115 0.110 Idaman, Selayang, Selangor at 11am. 0.980 0.960 Johan Holdings Bhd AGM at George Kent HSI-C52 YONGTAI-WA 0.660 0.580 Technology Centre, Jalan Puchong, Taman HSI-C50 0.660 0.660 Meranti Jaya, Puchong, Selangor at noon. MYEG-CZ 0.105 0.090 Peterlabs Holdings Bhd AGM at Nilai Springs Resort Hotel, Springs 1, Nilai, Seremban at 11.30am. Danfoss opening of new green office at Danfoss Industries Sdn Bhd, Suite 20-03 Level 20 The Pinnacle, Bandar Sunway, Selangor at 1.30pm. Stocks closest to year low CLOSE (RM) VOLUME ('000) 0.115 0.110 0.980 0.645 0.660 0.105 2208.7 315 60 2711.6 1.3 50.1 This table shows stocks that are trading near their year high. This could suggest a build-up in buying momentum, or the possibility that profit-taking activities could set in later. STOCK MBSB SKPETRO VS-CC SKPETROC26 SKPRES-WA GENTINGC25 PRKCORP CRESNDO HOHUP CCMDBIO REDTONE AMWAY HOVID HOMERIZ-WA HIGH (RM) LOW (RM) CLOSE (RM) VOLUME ('000) 0.755 1.340 0.020 0.035 0.580 0.220 2.200 1.520 0.790 2.000 0.425 8.750 0.380 0.315 0.710 1.290 0.020 0.030 0.550 0.180 2.170 1.480 0.770 1.970 0.400 8.700 0.370 0.300 0.720 1.320 0.020 0.035 0.580 0.205 2.200 1.480 0.775 1.980 0.405 8.710 0.380 0.315 16052.5 20331.4 100 13761.9 793.4 1748 14.3 53 269.8 491.7 331.1 6.8 288.4 91.3 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 0.642 1.558 US SWISS BRIT CANADA BRUNEI S’PORE AUST M’SIA CHINA BANGL’H DENM’K UAE 0.960 0.960 0.953 2.9037 4.696 55.425 4.774 2.595 9,421 48.012 71.751 6.031 33.370 2.572 2.650 6.022 24.968 5.481 1.434 1.496 1.496 1.485 4.5235 7.316 86.343 7.437 4.042 14,677 74.795 111.777 9.395 51.985 4.007 4.127 9.381 38.895 8.538 7.758 STERLING £ 1.869 1.200 1.321 1.287 CANADA $ 1.087 0.698 0.768 0.748 0.581 BRUNEI $ 1.041 0.669 0.736 0.717 0.557 0.958 SINGAPORE $ 1.041 0.668 0.736 0.717 0.557 0.958 1.000 AUSTRALIA $ 1.049 0.674 0.741 0.722 0.561 0.966 1.007 1.008 MALAYSIA RM 0.344 0.221 0.243 0.237 0.184 0.317 0.331 0.331 0.328 21.294 13.669 15.044 14.662 11.393 19.595 20.446 20.452 20.294 61.8310 1.804 1.158 1.275 1.242 0.965 1.660 1.732 1.733 1.720 5.2390 8.473 100 DANISH KRONER 20.946 13.446 14.799 14.423 11.207 19.275 20.112 20.118 19.963 60.8220 98.37 100 UAE DIRHAM 38.540 24.740 27.229 26.537 20.620 35.465 37.006 37.017 36.731 111.9098 180.99 2,136 184.00 1000 INA RUPIAH 0.106 0.068 0.075 0.073 0.057 0.098 0.102 0.102 0.101 0.3082 0.498 5.883 0.507 0.275 100 INDIA RUPEE 2.083 1.337 1.472 1.434 1.114 1.917 2.000 2.000 1.985 6.0479 9.781 115.440 9.944 5.404 0.975 0.757 1.302 1.359 1.359 1.349 4.1100 6.647 78.450 6.757 3.673 13,335 67.957 101.559 8.536 47.233 3.641 3.750 8.523 35.340 0.777 1.336 1.394 1.395 1.384 4.2171 6.820 80.494 6.934 3.768 13,683 69.728 104.206 8.758 48.464 3.736 3.848 8.746 36.261 7.960 1.720 1.795 1.795 1.781 5.4273 8.778 103.594 8.923 4.850 17,610 89.739 134.110 11.272 62.372 4.808 4.952 11.255 46.667 10.244 1.043 1.044 1.036 3.1555 5.103 60.231 5.188 2.820 10,238 52.175 77.973 6.553 36.264 2.795 2.879 6.544 27.133 5.956 1.000 0.993 3.0241 4.891 57.723 4.972 2.702 9,812 50.002 74.726 6.281 34.754 2.679 2.759 6.271 26.003 5.708 0.992 3.0232 4.889 57.706 4.971 2.701 9,809 49.988 74.704 6.279 34.743 2.678 2.759 6.270 25.995 5.707 3.0467 4.927 58.154 5.009 2.722 9,885 50.376 75.285 6.328 35.014 2.699 2.780 6.318 26.197 5.751 1.0000 1.617 19.088 1.644 0.894 3,245 16.535 24.710 2.077 11.492 0.886 0.912 2.074 8.599 1.888 1,180 101.659 55.251 1,528 128.413 710.579 54.775 56.418 128.227 531.655 116.711 8.614 4.681 16,999 86.625 129.457 10.881 60.208 4.641 4.780 10.865 45.048 9.889 54.349 197,346 1,005.67 1,503 126.32 698.98 53.88 55.50 126.13 522.98 114.81 1,850 2,765 232.42 1,286 99.14 102.11 232.08 962.26 211.24 5.096 7.616 0.640 3.542 0.273 0.281 0.639 2.650 0.582 149.445 12.561 69.504 5.358 5.518 12.542 52.003 11.416 1,161 200,620 1,022.355 363,108 19,623 1.394 0.895 0.985 0.960 0.746 1.282 1.338 1.339 1.328 4.0469 6.545 77.246 6.654 3.616 13,131 66.914 16.582 10.644 11.715 11.418 8.872 15.259 15.922 15.927 15.804 48.1500 77.874 919 79.165 43.026 156,230 796.144 1,190 2.856 2.997 1.924 2.117 2.063 1.603 2.758 2.877 2.878 38.875 24.954 27.465 26.767 20.799 35.773 37.327 37.338 8.405 8.7015 14.073 166.091 14.307 7.775 28,233 143.876 215.016 18.072 37.050 112.8811 182.564 2,155 185.593 100.868 366,259 1,866 2,789 234.436 46.508 3.585 3.693 8.393 34.797 7.639 553.353 42.656 43.935 99.855 414.019 90.887 7.709 1,297 7.940 18.045 74.820 16.425 102.999 234.096 970.611 213.072 942.349 206.867 414.621 91.019 100 SAUDI RIYAL 37.743 24.228 26.665 25.988 20.193 34.731 36.240 36.251 35.971 109.5942 177.248 2,092 180.188 97.931 355,594 1,812 2,708 227.610 1,259 97.088 100 SWEDISH KRONOR 16.606 10.660 11.732 11.434 8.885 15.281 15.945 15.950 15.827 48.2200 77.987 920.404 79.281 43.088 156,457 797.302 1,192 100.145 554.157 42.718 43.999 4.005 2.571 2.830 2.758 2.143 3.686 3.846 3.847 3.817 11.6299 18.809 221.987 19.121 10.392 37,735 192.296 287.378 24.153 133.654 10.303 10.612 24.118 18.245 11.712 12.890 12.563 9.761 16.789 17.519 17.524 17.389 52.9780 85.682 1,011.223 87.103 47.340 171,895 875.973 1,309 110.027 608.838 46.933 48.340 109.867 100 HK$ HK 0.920 1.026 100 THAI BAHT THAI 0.833 0.909 100 PHILIPPINE PESO SAUDI SWEDEN 0.535 0.932 100 QATAR RIYAL QATAR 1.073 1.415 100 NORWEGIAN KRONER PHIL 0.689 1.452 100 JAPAN YEN JAPAN NORWAY 1.101 US $ 100 CHINESE RMB INDIA 0.706 SWISS FR 100 BANGLAD’H TAKA INA 227.280 21.952 455.533 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 TU E SDAY J U N E 28 , 2016 • T HEED G E FINA NCIA L DA ILY FUTURES . MONEY MARKET . COMMODITIES Money market Index futures Long Rolls - KLCI futures FKLI Index points 1980 Open Interest 1,623.50 90000 Index points -4.50 18.00 (-2.00) EURO Klibor Euro/USD Implied interest rate (%) 1.58 1.1003 (-3.50) 1790 68000 4.75 1600 46000 -8.50 1410 24000 -21.75 2000 -35.00 4.5 3.60 (Unch) (-0.0112) 1.44 3.5 1.30 2.5 1220 Jan 4, 2010 1.16 1.02 Jan 4, 2010 Jun 27, 2016 FBM KLCI futures end lower in line with cash market Jun 27, 2016 FBM KLCI futures INDEX AND FUTURES CONTRACT LAST CHANGE VOLUME OPEN CHANGE IN INTEREST OPEN INTEREST The FBM KLCI futures contract on Bursa FBMKLCI 1,629.52 -4.53 180.2M 1,623.50 -2.00 22,151 58,114 1,378 Malaysia Derivatives closed lower yesterday JUN 16 1,619.50 -5.00 16,974 22,992 2,236 in line with the cash market performance. JULY 16 SEP 16 1,611.50 -5.00 162 636 22 The benchmark FBM KLCI closed at 4.53 DEC 16 1,603.50 -3.50 45 219 23 points or 0.277% lower at 1,629.52. TOTAL 39,332 81,961 3,659 Spot month June 2016 declined two points BID OFFER CLOSE to 1,623.5; July 2016 and September 2016 FUTURES ROLL OVER -4.0 -5.0 -4.5 slid five points each to 1,619.5 and 1,611.5 JUN/JUL respectively; while December 2016 dropped FUTURES FAIR VALUE CONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE 3.5 points to 1,603.5. 16 4 0.45 0.97 -0.52 Turnover widened to 39,332 lots from JUN JULY 16 33 4.83 1.84 2.99 19,909 lots last Friday, while open interest ROLL’S FAIR 3.51 was higher at 81,961 contracts from 58,365 contracts previously. Most Southeast Asian stock markets recovered from early losses yesterday as investors digested uncertainties arising from energy and financial stocks. Vietnam ended Britain’s decision to exit the European Union. marginally higher, reversing losses made in Philippines shares rose 1.1%, helped by early trade. — Agencies Commodities Jun 27, 2016 Euro drops along with the bearish pound Sterling fell to a 31-year low against the US dollar yesterday as a sell-off stemming from Britain’s decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc. The euro was down 0.8% at US$1.1016, having hit a three-month low of US$1.0912. It was 1.4% lower against the yen and nearly 0.5% lower against the Swiss franc. The safe haven yen and the Swiss franc rose. The Swiss National Bank had intervened last Friday while investors are likely to test the Bank of Japan’s resolve in coming weeks. “The yen is a safe haven as long as risk sentiment is weak, but the market is also very wary of official intervention and with good cause,” said John Hardy, head of currency strategy at Saxo Bank. — Reuters 1.5 Oct 1, 2000 CPO vs Soyoil Open Interest 4200 200000 CPO RM/tonne Soyoil US$/Ibs Klibor MONTH 6400 Gold US$/bbl US$/troy oz 0.7300 155.00 CHANGE 96.35 96.35 96.40 96.40 96.40 96.35 96.31 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 96.26 — — — — — — — — — — — — — — — — — — — — — — VOLUME OPEN INTEREST — — — — — — — — — — — — — — — — — — — — — — 0 — — — — — — — — — — — — — — — — — — — — — — 0 1980 47.34 3450 152500 5075 (RM0.3147/tonne) 0.5475 121.25 2700 105000 3750 0.3650 87.50 1340 57500 2425 0.1825 53.75 1020 1950 2,378 Jan 6, 2008 SETTLEMENT PRICE JUL6 AUG6 SEP6 DEC6 MAR7 JUN7 SEP7 DEC7 MAR8 JUN8 SEP8 DEC8 MAR9 JUN9 SEP9 DEC9 MAR0 JUN0 SEP0 DEC0 MAR1 JUN1 TOTAL Crude Oil 2,854 1200 Jun 27, 2016 CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation. CPO & Open Interest CPO RM/tonne Jan 2, 2006 (-0.30) 10000 Jun 27, 2016 Palm oil dips in evening trade on weaker exports (-1) 1100 Jan 6, 2008 0.0000 Jun 27, 2016 CPO futures CONTRACT JUL-16 AUG-16 SEP-16 OCT-16 NOV-16 LAST 2,468 2,412 2,378 2,364 2,358 CHANGE -2 -1 -1 -1 5 VOLUME 571 5,785 21,581 6,333 6,626 OPEN CHANGE IN INTEREST OPEN INTEREST 4,716 40,294 89,712 42,182 42,982 1,331.70 (+12.00) 2,378 (-1) 1660 -276 -1,537 3,784 1,015 -2,759 Malaysian palm oil prices took a slight dip in evening trade yesterday after seeing gains in the morning, as traders sold on poorer CPO/SOYOIL performing exports and a volatile ringgit. CPO FUTURES FUTURES BASIS (USD) The ringgit fell 0.2% to reach 4.11 against INDICATIVE ROLL-OVER CURRENT -106.77 JUL/AUG 56 the US dollar in the evening. 3 MONTHS AVERAGE -70.56 JUL/SEP 90 A trader said the ringgit’s instability, JUL/OCT 6 MONTHS AVERAGE -82.27 104 coupled with slowing exports, has caused AUG/SEP 34 buyers to put purchases on hold. “The SGS & ITS EXPORT ESTIMATES (TONNES) APR’16 MAY’16 JUNE’16 months ahead are going to be difficult for SHIPMENT DAYS 305/321 404/391 362/368 exports. Volatility in the ringgit is soaring, 1 - 10TH DAYS 500/484 575/563 555/566 keeping consumers at the sidelines,” he said.” 1- 15TH DAYS DAYS 724/738 792/786 711/717 Benchmark palm oil futures for September 11 -- 20TH 25TH DAYS 883/890 982/965 881/873 delivery on the Bursa Malaysia Derivatives FULL MONTH 1,088/1,109 1,252/1,233 —/— Exchange fell 0.04% or RM1 to RM2,378 per MALAYSIAN PALM OIL BOARD FEB’16 MAR’16 APR’16 MAY’16 tonne at the close of trade. Traded volumes PRODUCTION 1,043 1,220 1,301 1,364 stood at 44,954 lots of 25 tonnes each. 1,085 1,334 1,165 1,282 Palm oil has declined 9.2% so far this EXPORT STOCKS 2,169 1,885 1,800 1,645 month, it’s sharpest monthly fall since August MPOB Palm oil physical 2014. Palm oil had earlier declined for three JUN’2016 JUL’2016 AUG’2016 consecutive weeks as traders forecast rising (IN RM/TON) CPO DELD 2,470 2,480 2,450 output and slowing exports. PK EX-MILL 2,510 2,505 2,500 Production rose nearly 5% month-on- CPKO DELD 5,208 5,142 5,126 month in May, and is set to gain in line with RBD P.OIL FOB 2,558 2,550 2,509 the seasonal growing trend from now until RBD P.OLEIN FOB 2,571 2,529 2,525 RBD P.STEARIN FOB 2,488 2,468 2,455 the last quarter of the year. Malaysian palm oil shipments however MPOB FFB REF PRICE (MILL GATE PRICE) GRADE A GRADE B GRADE C have declined in June as demand slows with REGION OER (RM/TON) OER(RM/TON) OER (RM/TON) the end of Ramadan coming soon. NORTH 20.00% 559 19.00% 535 18.00% 512 Exports from June 1 to 25 fell 9% to10% SOUTH 20.00% 568 19.00% 543 18.00% 519 20.00% 568 19.00% 543 18.00% 519 from the corresponding time period last CENTRAL month, according to cargo surveyor data EAST COAST 20.00% 561 19.00% 537 18.00% 513 SABAH 22.00% 543 21.00% 521 20.00% 499 yesterday. — Reuters SARAWAK 22.00% 551 21.00% 529 20.00% 506 20.00 Apr 10, 2007 700 Jun 27, 2016 Oil prices ease again after Brexit vote Oil prices slipped yesterday as market participants absorbed the shock of Britain’s vote to leave the European Union though some analysts said Brexit would have a limited impact on global fuel demand. Brent crude futures were down 24 US cents at US$48.17 a barrel. US West Texas Intermediate crude was down 30 US cents at US$47.34 a barrel. Of more concern to the market yesterday was a growing glut of refined products. “For near term oil, we remain most concerned about product oversupply, China demand, the macro outlook, and the likely return of production,” Morgan Stanley said in a note. Chinese refiners have responded to the Asian oil products glut by exporting record amounts of gasoline and diesel fuel into regional markets. — Reuters Centrifuged Latex Aug 31, 2008 Commodities AGRICULTURE UNIT EXCHANGE RM/TON SEN/KG USC/BSH USC/BSH USC/BSH USC/IBS US$/TON USC/IBS USC/IBS USC/IBS MDEX MRB CBOT CBOT CBOT CME NYBOT NYBOT NYBOT NYC 2,378 523.00 389.00 1,121.50 456.75 110.88 2,989 135.85 19.34 65.04 US$/TON USC/IBS US$/TROY OZ US$/TROY OZ US$/TROY OZ USC/TROY OZ RMB/TON RMB/TON KLTM CMX CMX NYMEX NYMEX CMX SHF SHF 17,000 -130 2.1220 0.0090 1,331.70 12.00 996.80 8.20 548.75 2.30 17.80 0.01 12,225 140 15,735 65 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 47.34 -0.30 1.4639 -0.0046 2.706 0.012 48.17 -0.24 430.00 -5.00 CRUDE PALM OIL RUBBER CORN SOYBEANS WHEAT LIVE CATTLE COCOA COFFEE SUGAR COTTON -1 24.00 4.50 18.50 2.00 UNCH -34 -1.30 0.18 0.62 METAL & PRECIOUS METALS TIN COPPER GOLD PLATINUM PALLADIUM SILVER ALUMINIUM ZINC ENERGY Sen/Kg 1100 1700 900 1325 444.50 950 (Unch) 500 523.00 (+24.00) 575 300 Jan 7, 2007 LAST PRICE CHANGE Rubber - M’sia SMR 20 Sen/Kg 700 Jun 27, 2016 200 Jun 27, 2016 Jan 7, 2007 Jun 27, 2016 Markets 32 T U ESDAY JU N E 28, 2 0 16 • TH EEDGE F I N AN C I AL DAI LY F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1 YOUR DAILY FINANCIAL MARKET S ROUNDUP 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 1,629.52 FBM ACE 5,069.38 4.53 FTSTI 2,729.85 73.65 5.54 NIKKEI 15,309.21 357.19 HANG SENG 20,227.30 STOCK Index point 1,629.52 (-4.53) KL Composite Index KLCI futures 1,623.50 (-2.00) 8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15 Daily FBM KLCI Moving average - 20-day KL Composite Index 1950.0 MBSB HSI-C22 CONNECT-PA SKPETROC26 FBMKLCI-H51 RANHILL APFT SGB JAG PAVREIT TOPGLOV-CX TADMAX FBMKLCI-H53 EAH STERPRO MARCO VOLUME ('000) CHANGE (%) CHANGE (RM) CLOSE (RM) HIGH (RM) LOW (RM) 16,053 14,882 14,175 13,762 6,567 6,521 6,505 6,403 4,446 3,921 3,829 3,649 3,638 3,484 3,390 3,257 -6.49 -8.45 -20.00 0.00 -5.66 -5.88 0.00 2.52 -5.56 1.19 45.45 2.60 0.00 -5.88 0.00 0.00 -0.050 -0.030 -0.005 0.000 -0.015 -0.050 0.000 0.015 -0.005 0.020 0.025 0.010 0.000 -0.005 0.000 0.000 0.720 0.325 0.020 0.035 0.250 0.800 0.050 0.610 0.085 1.700 0.080 0.395 0.030 0.080 0.035 0.150 0.755 0.370 0.020 0.035 0.280 0.860 0.050 0.615 0.090 1.700 0.080 0.405 0.035 0.080 0.035 0.150 0.710 0.285 0.020 0.030 0.235 0.790 0.045 0.580 0.085 1.690 0.050 0.385 0.030 0.075 0.030 0.150 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. 1,629.52 (-4.53) 1667.5 1385.0 Jan 2, 2008 Jun 27, 2016 900 600 300 0 Volume (’mil) FBM KLCI futures CONTRACT SETTLEMENT CHANGE HIGH LOW JUN 16 JULY 16 SEP 16 1,623.50 1,619.50 1,611.50 -2.00 -5.00 -5.00 1,633.50 1,629.50 1,620.50 1,612.50 1,611.00 1,605.00 KLCI POINTS CHANGE (RM) CLOSE (RM) VOLUME ('000) 0.80 0.63 0.60 0.52 0.22 -0.29 -0.30 -0.30 -0.33 -0.37 -0.38 -0.42 -0.58 -0.78 -1.17 -2.75 -4.91 0.38 -4.53 0.060 0.100 0.180 0.080 0.020 -0.050 -0.040 -0.030 -0.020 -0.220 -0.060 -0.040 -0.160 -0.060 -0.080 -0.200 6.500 7.980 21.780 19.280 4.360 4.220 7.360 1.320 8.180 23.220 6.760 7.450 13.100 4.740 4.230 6.500 1040.1 2863.9 290.9 2198.2 3113.0 1415.4 1547.9 20331.4 10196.2 456.8 4757.7 2695.7 233.9 6028.8 22489.2 5596.5 FBM KLCI sensitivity* PETRONAS CHEMICAL GENTING PETRONAS GAS PUBLIC BANK IOI CORP WESTPORTS HOLDINGS MISC SAPURA-KENCANA MAYBANK PETRONAS DAGANG TELEKOM MALAYSIA SIME DARBY HONG LEONG BANK DIGI.COM CIMB GROUP IHH HEALTHCARE SUB-TOTAL OTHERS GRAND TOTAL * How stock price changes affected the index on the previous trading day 2.29 KLCI FUTURES 1643.00 10.50 STI 2793.85 7.72 RM/USD 4.0150 CPO RM2382.00 8.00 OIL US$50.71 0.83 GOLD US$1260.80 7.60 PP 9974/08/2013 (032820) PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST) FRIDAY JUNE 24, 2016 ISSUE 2195/2016 FINANCIAL DAILY MAKE BETTER DECISIONS EVERY FRIDAY! Get your free copy of The Edge Property pull-out inside. Download your personal copy at TheEdgeProperty.com 2 Ex-PetroSaudi exec’s lawyers quit 6 HOME BUSINESS Lower electricity earnings hit YTL Power unit 8 HOME BUSINESS PR1MA to buy affordable homes from Gabungan AQRS for RM314m www.theedgemarkets.com BMW ups the ante with new BMW X5 xDrive40e 6 H O M E B U S I N E S S Corruption in Malaysian companies RISES IN 2016 Poll shows more firms report losses from economic crime — PwC. Kamarul Anwar has the story on Page 4. CHANGE (RM) CHANGE (%) PRICE (RM) PE RATIO DIVIDEND YIELD (%) 66,221.7 47,606.1 32,702.2 29,080.0 24,541.8 24,217.1 23,546.3 23,507.1 22,489.2 21,971.2 20,331.4 20,159.5 19,610.0 16,052.5 14,881.5 14,200.8 14,175.0 14,066.9 13,761.9 12,633.6 -0.020 -0.085 -0.005 -0.015 -0.010 0.005 -0.010 0.005 -0.080 -0.005 -0.030 -0.040 0.005 -0.050 -0.030 -0.015 -0.005 -0.010 UNCH -0.005 -8.16 -47.22 -0.73 -5.08 -2.41 3.45 -7.41 7.14 -1.86 -3.57 -2.22 -1.53 33.33 -6.49 -8.45 -6.12 -20.00 -2.74 UNCH -11.11 0.225 0.095 0.680 0.280 0.405 0.150 0.125 0.075 4.230 0.135 1.320 2.570 0.020 0.720 0.325 0.230 0.020 0.355 0.035 0.040 16.90 — — 15.61 32.42 18.83 — — 11.88 13.59 — 5.74 — 12.58 — — — — — — 0.00 0.00 1.20 0.00 0.00 0.00 0.00 0.00 3.25 0.00 1.00 1.53 0.00 3.77 0.00 1.22 0.00 0.00 0.00 0.00 CLOSE CHANGE (RM) 12.460 18.000 1.450 1.120 7.680 21.780 4.800 2.300 0.610 3.750 58.020 6.490 0.360 0.260 0.200 0.180 0.180 0.180 0.170 0.160 0.150 0.140 0.120 0.120 PANAMY LAFMSIA PETRONM PETDAG HSI-C34 HSI-C23 IHH HLBANK HAPSENG SHANG QL ULICORP 0.030 0.015 0.015 0.015 0.045 0.080 0.020 0.020 0.610 0.025 50.00 50.00 50.00 50.00 50.00 45.45 33.33 33.33 32.61 25.00 SKH-WA TESLA-C2 MBSB-OR CHINA50-HH BJAUTO-CL BAC-C7 HSI-HZ XDL-WC PRESBHD-CD MAHSING-C2 DOWN CLOSE CHANGE (RM) 29.400 7.760 3.680 23.220 0.905 0.780 6.500 13.100 7.600 5.080 4.330 6.580 -0.300 -0.230 -0.220 -0.220 -0.205 -0.200 -0.200 -0.160 -0.150 -0.120 -0.120 -0.120 0.005 0.005 0.095 0.045 0.065 0.020 0.060 0.010 0.025 0.050 -50.00 -50.00 -47.22 -40.00 -38.10 -33.33 -33.33 -33.33 -28.57 -28.57 KUALA LUMPUR: The FBM KLCI recouped most of the day’s losses after falling as much as 15.8 points or 0.97%, as Brexit fears were seen as a short-term shock. The Malaysian market was among a few regional markets that closed lower yesterday. It ended 0.28% or 4.53 points lower at 1629.52. Inter-Pacific Research Sdn Bhd’s head of research Pong Teng Siew said the FBM KLCI will be well-supported above 1,600, as the impact of Brexit is long term. Top gainers and losers (ranked by percentage) Vivocom International Holdings Bhd, whose chief UP CHANGE DOWN CHANGE executive officer Datuk Seri Dr Yeoh Seong Mok is reportedly CLOSE (%) CLOSE (%) seeking early retirement, was the most actively-traded stock. SUPERMX-C16 0.015 200.00 TOPGLOV-C3 0.005 -66.67 It lost 8.16% to RM0.225 on a volume of 66.09 million shares. 0.010 100.00 BJAUTO-CJ 0.025 -58.33 Outside Malaysia, Japan’s Nikkei led gains among major KAREX-CL DRBHCOMC20 0.030 50.00 SKH-WA 0.005 -50.00 Asian bourses, closing up 2.4%. Chinese markets also held KEURO-WE 0.015 50.00 TESLA-C2 0.005 -50.00 well, with the Shanghai and Shenzhen composite rising HARTA-CS 0.015 50.00 MBSB-OR 0.095 -47.22 1.45% and 2.27% respectively. Elsewhere, South Korea’s SUPERMX-C10 0.015 50.00 CHINA50-HH 0.045 -40.00 SUPERMX-C5 0.045 50.00 BJAUTO-CL 0.065 -38.10 Kospi finished flat at 1,926.85 points. 0.080 45.45 BAC-C7 0.020 -33.33 Sentiment remained weak as doubts over when the world’s TOPGLOV-CX 0.020 33.33 HSI-HZ 0.060 -33.33 fifth-largest economy would leave the European Union and NETX-WB MYEG-CU 0.020 33.33 XDL-WC 0.010 -33.33 on what terms would be weighed on global markets. HSI-H37 0.610 32.61 PRESBHD-CD 0.025 -28.57 Concerns over Brexit could prevent the US Federal NEXGRAM-WC 0.025 25.00 MAHSING-C2 0.050 -28.57 Reserve from raising rates in the coming months, which Top gainers and losers - warrants (ranked by percentage) would be a big comfort for Asian markets. The ringgit, which weakened further against the US dollar UP CHANGE DOWN CHANGE to 4.11 yesterday, regained some losses to close at 4.0928. CLOSE (%) CLOSE (%) — by Tan Siew Mung SUPERMX-C16 0.015 200.00 TOPGLOV-C3 0.005 -66.67 KAREX-CL 0.010 100.00 BJAUTO-CJ 0.025 -58.33 World equity indices DOW JONES S&P 500 NASDAQ 100 FTSE 100 AUSTRALIA CHINA HONG KONG INDIA I want an edge! FBM KLCI 1639.98 TURNOVER (‘000) Top gainers and losers (ranked by RM) AJI BKAWAN MICROLN HSI-H51 FAREAST PETGAS TOPGLOV WARISAN HSI-H37 RVIEW DLADY AIRPORT 1102.5 820.0 VIVOCOM MBSB-OR ARMADA LKL KNM BORNOIL VIVOCOM-WB TRIVE CIMB SANICHI SKPETRO AIRASIA NETX-WB MBSB HSI-C22 HIAPTEK CONNECT-PA AAX SKPETROC26 DRBHCOMC21 UP FBM KLCI recoups losses as Brexit fears ease 1,635.35 610.32 Daily top 20 active stocks UNUSUAL MARKET ACTIVITIES FBM KLCI & KLCI futures intraday DOW JONES 17,400.75 Market movers Some things have to be believed to be seen. — Ralph Hodgson 1633 1631 1629 1627 1625 1623 1621 1619 1617 1615 1613 31.83 CLOSE CHANGE 17,400.75 2,037.41 4,285.70 6,138.69 5,137.23 2,895.70 20,227.30 26,402.96 -610.32 -75.91 -181.78 -199.41 24.05 41.42 -31.83 5.25 INDONESIA JAPAN KOREA PHILIPPINES SINGAPORE TAIWAN THAILAND VIETNAM CLOSE CHANGE 4,836.05 15,309.21 1,926.85 7,715.90 2,729.85 8,458.87 1,424.31 621.27 1.48 357.19 1.61 86.18 -5.54 -18.12 11.12 0.50 Email: [email protected] Fax: (03) 7721 8282 DRBHCOMC20 KEURO-WE HARTA-CS SUPERMX-C10 SUPERMX-C5 TOPGLOV-CX NETX-WB MYEG-CU HSI-H37 NEXGRAM-WC FOR OFFICE USE This part will be completed by The Edge Communications Sdn Bhd and will be faxed/emailed back to you. 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