FBM KLCI 1710.24 11.30 KLCI FUTURES 1707.00 7.50 STI 3111.63 11.24 RM/USD 4.4470 CPO RM3035.

3 11.24 RM/USD 4.4470 CPO RM3035.00 36.00 OIL US$56.35 0.35 GOLD US$1231.10 3.80
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)

TUESDAY FEBRUARY 14, 2017 ISSUE 2348/2017

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS IOI Properties 2017 launches
worth up to RM2.5b 4 H O M E B U S I N E S S
2 PHOTO BY CHU JUCK SENG

Fake receipts at
Glencore warehouse
unit triggered sector
credit freeze START
MORATORIUME
4 HOME BUSINESS

Ekovest to pay 25 sen

special dividend after
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DUKE stake sale
5 HOME BUSINESS FROM CCC DATE,
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8 HOME BUSINESS NEW
Malaysia set to earn
RM1.3b revenue CChief
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from medical Datuk Abdul Mutalib Alias
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19 C O M M E N T

Things might be OK
if Trump borrows
Recession not on the horizon for Malaysia
from Abe 3 HOME BUSINESS

There is no mystery
about a Girard-Perregaux,
simply more than two centuries of craftsmanship
and a perpetual commitment to perfection.

CIRCUITO CHRONOGRAPH, CARBON AND TITANIUM COMPOSITE CASE, 42 MM

 FBM KLCI 1710.24 11.30 KLCI FUTURES 1707.00 7.50 STI 3111.63 11.24 RM/USD 4.4470 CPO RM3035.00 36.00 OIL US$56.35 0.35 GOLD US$1231.10 3.80
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)

TUESDAY FEBRUARY 14, 2017 ISSUE 2348/2017

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS IOI Properties 2017 launches
worth up to RM2.5b 4 H O M E B U S I N E S S
2 PHOTO BY CHU JUCK SENG

Fake receipts at
Glencore warehouse
unit triggered sector
credit freeze START
MORATORIUM
4 HOME BUSINESS

Ekovest to pay 25 sen

special dividend after
DUKE stake sale
5 HOME BUSINESS FROM CCC DATE,
Petronas may
relocate Canadian
LNG project,
SAYS PR1MA
says chairman Corporations proposal is
6 HOME BUSINESS aimed at discouraging sales
DBE Gurney for monetary gains.
expands Harumi Supriya Surendran has the
chain to Sabah, story on Page 3.
eyes Taiwan,
China next
8 HOME BUSINESS

Malaysia set to earn

RM1.3b revenue Chief executive ocer
from medical Datuk Abdul Mutalib Alias
tourism
19 C O M M E N T

Things might be OK
if Trump borrows
Recession not on the horizon for Malaysia
from Abe 3 HOME BUSINESS

There is no mystery
about a Girard-Perregaux,
simply more than two centuries of craftsmanship
and a perpetual commitment to perfection.

CIRCUITO CHRONOGRAPH, CARBON AND TITANIUM COMPOSITE CASE, 42 MM


2
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BUSINESS DEVELOPMENT
Senior Manager Elizabeth Lay
Glencore unit fake
receipts still worrying
The issue briefly froze credit lines for Spore metal traders last month
BY M ELANI E BU RTO N
MELBOURNE: Some global banks
briefly froze credit lines for Singa-
pore metal traders last month after
a unit of commodities giant Glen-
core uncovered fake warehousing
receipts, people familiar with the
matter said, reviving the spectre of
a US$3 billion scandal that rocked
the trading world three years ago.
Though the impact has proved
limited so far, the forged receipts
for nickel stocks that Glencores
Access World unit said it found it
still set alarm bells ringing even
though regulation and scrutiny
have been tightened across the
business since the 2014 Qingdao
port scandal in China.
Two people who have metal stor-
age dealings with Access World said
the company told them the receipts
were from a third party, not issued
internally. At Qingdao, a firm alleg-
VW talks with union break down
BY ANDREAS C RE M E R
BERLIN: Volkswagens (VW) talks
with unions over the implementa-
tion of its turnaround plan were bro-
ken off yesterday, both sides said,
leaving in limbo a deal on cost-cut-
ting following the carmakers dam-
aging diesel emissions scandal.
Labour bosses at VW halted coop-
eration with management on issues
including overtime work, efficien-
cy gains and apprenticeships last
FOREIGNERS CONTINUE TO DITCH MSIAN BONDS ... Foreigners net sold Malaysian debt for a fth
consecutive month in January, while Indonesian and South Korean bonds saw inows. Malaysian bonds net sales stood at US$879 million
(RM3.9 billion) in January while Indonesia and South Korea together saw a near US$3 billion worth of inows in bonds. Outows from Indian
bonds continued for a fourth straight month, while Thailand bonds received foreign interest after three months of net sales. Reuters
edly duplicated notes pledging metal
as collateral for multiple bank loans.
We checked with [Access World]
and all our stock was in good order,
said one of the people, an official at
a Singapore trading house. But the
firm did have its credit lines tempo-
rarily frozen by several banks while
they investigated, the person said,
speaking on condition of anonymity.
Metals traders told Reuters that a
raft of international banks involved
in providing finance to the sector,
including Australias ANZ, Frances
Natixis and Rabobank of the Neth-
erlands, temporarily froze some
credit lines before for the most part
resuming business.
Natixis declined to comment. Ra-
bobank said it was aware of the news
on forged warehouse certificates cir-
culating in the name of Access World,
and was assessing the situation, but
could not comment further.
ANZ said that its warehouse
week, saying executives were trying to
squeeze greater savings than agreed
in November. Yesterday, VWs works
council indicated that tensions be-
tween its head Bernd Osterloh and
VW brand chief Herbert Diess had not
eased and called for VW group chief
executive Matthias Mueller to play a
greater role in resolving the dispute.
Unions say Diess wants to cut
temporary workers more quickly and
deeply than agreed. VW has said it
cannot keep a large number of tem-
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
For breaking news updates go to
www.theedgemarkets.com
commodity financing was a small
business within [the banks] insti-
tutional division with only a hand-
ful of customers, and declined to
comment further.
In its statement disclosing the
incident, Access World said it had
become aware of forged warehouse
receipts and urged holders of its
warehouse receipts to authenticate
them. Last week, it said it would
provide authentication for clients
certificates from Feb 10 to 15, after
which it would honour duly authen-
ticated original warehouse receipts.
The warehouse receipts con-
cerned applied to stockpiles in Sin-
gapore, the people said. Reuters
was unable to confirm the volumes
involved, nor whether finance had
been advanced against them, or
which, if any other locations were
affected.
Glencore itself declined to com-
ment. Reuters
porary staff on its books because of
shrinking demand for its models.
We would welcome if the
groups management would more
strongly deal with the implemen-
tation of the future pact and the
compliance with agreements, a
council spokesman said via email.
A spokesman for VW confirmed
that talks have been postponed.
Mueller, in a letter to staff yesterday
seen by Reuters, indicated he may
get more directly involved. Reuters
IN BRIEF
Allergan to buy
Zeltiq Aesthetics
BENGALURU: Allergan plc yes-
terday said it would buy Zeltiq
Aesthetics Inc for about US$2.48
billion (RM11.01 billion) to gain
access to its flagship body con-
touring technology. The Botox
maker agreed to pay US$56.50
per Zeltiq share, or a premium
of 14.4% to the companys last
Friday close. Dublin-based Al-
lergan, led by its acquisitive chief
executive officer Brent Saunders,
has orchestrated a flurry of deals
since its US$160 billion merg-
er with Pfizer Inc collapsed in
April. Zeltiqs body contouring
technology, the CoolSculpting
System, is US Food and Drug
administration approved and
works by cooling targeted fat
cells to naturally induce their
elimination, without affecting
surrounding tissue. Reuters
Ex-municipal council
president held by MACC
KUALA LUMPUR: A former
president of a municipal coun-
cil in Negeri Sembilan has been
detained by the Malaysian An-
ti-Corruption Commission
(MACC) for suspected cor-
ruption and power abuse. Also
detained were three contrac-
tors who were believed to have
been awarded several projects
by the former council presi-
dent. According to a source, the
suspect, aged 63, was arrested
at his residence in Seremban
at about 11.30am yesterday.
The suspect is believed to have
committed the offences when
he was district officer and then
municipal council president
between September 2009 and
August last year, the source
said when contacted by Ber-
nama yesterday. Bernama
Govt mulling legal curb
on online insults MCMC
CYBERJAYA: The government is
considering a proposal to intro-
duce a legislative framework to
make the uploading of insults or
false news an offence, said the
Malaysian Communications
and Multimedia Commission
(MCMC). It said although action
could be taken against offend-
ers under the provisions of the
existing Act, a study on the need
to extend the provisions was
now underway to include other
platforms such as news portals.
The proposal came about after it
received many complaints from
members of the public on false
news and insulting postings of
late. Bernama
Abe sees tougher US
stance on North Korea
TOKYO: The US stance towards
North Korea, which on Sunday
test fired a ballistic missile, is
likely to become tougher than
before, Japanese Prime Minister
Shinzo Abe said yesterday. I be-
lieve that the stance of the US to-
wards North Korea will become
much tougher, that is clear, Abe
said on an NHK public broad-
casting news programme, after
returning from meetings with
US President Donald Trump
in the US. Reuters
TU E SDAY F E BRUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
PR1MA: Start
moratorium
from CCC date
Its proposal is aimed at discouraging sales for monetary gains
BY SU PRI YA SU REN DRAN
KUALA LUMPUR: Perbadanan
PR1MA Malaysia has submitted
a proposal to the government for
the moratorium on reselling im-
posed on buyers of its houses to
commence from the date the Cer-
tificate of Completion and Compli-
ance (CCC) issued.
Under existing rules, the morato-
rium which has been shortened
to five years from 10 years starts
when the land title is duly trans-
ferred to the end-purchaser.
PR1MAs (1Malaysia Peoples
Housing) chief executive officer
Datuk Abdul Mutalib Alias said the
proposal is aimed at discouraging
buyers from selling PR1MA homes
for monetary gains, leading to spec-
ulative activities.
We are proposing [for the mor-
atorium period to commence] from
the date of the [issuance of the CCC]
and it is now up to the government.
In principle, the five-year mor-
atorium period has been agreed
to, but where the detailed mecha-
nism is concerned, we are looking
at [commencing] from the date of
the CCC, he told a news conference
on PR1MAs Special End-Financing
SPEF to increase financing chances
for PR1MA applicants
BY SU PRI YA SU REN DRAN
KUALA LUMPUR: Approximately
60% of applicants who booked a
1Malaysia Peoples Housing (PR-
1MA) home last year have to put
aside their home ownership dreams
as they could not obtain, or could
only partially obtain, the required
financing.
Taking this into consideration,
Perbadanan PR1MA Malaysia has
introduced a special end-financing
scheme named Skim Pembiayaan
Fleksibel (SPEF), created exclusively
for PR1MA homebuyers.
The scheme is in collaboration
with Bank Negara Malaysia, the Em-
ployees Provident Fund (EPF) and
four local banks, namely Malayan
Banking Bhd, CIMB Group Holdings
Bhd, RHB Bank Bhd and AMMB
Holdings Bhd.
PR1MA chief executive officer
Datuk Abdul Mutalib Alias said the
scheme will make home ownership
possible, especially for first-time
homebuyers by increasing their
chances of getting a home loan,
Scheme (SPEF) yesterday.
The PR1MA programme was es-
tablished by the government to help
the middle-income group manage
their cost of living in the urban ar-
eas, specifically to help them own
a home amid escalating property
prices.
On Jan 18, PR1MA announced
two policy changes to its pro-
gramme, namely the decision to
reduce the moratorium period for
the resale of PR1MA homes from 10
years to five years, and the widen-
ing range of eligibility of the house-
hold monthly income level from
RM10,000 to RM15,000.
In response to the move by PR-
1MA, the National House Buyers
Association said the reduction of
the moratorium period would lead
to speculative activities. The associ-
ation then suggested that the gov-
ernment commence the moratori-
um period from the date of vacant
possession, or in other words the
date the completed unit is handed
over to the purchaser.
Abdul Mutalib said PR1MA de-
cided to reduce the moratorium
period from 10 years to five years
after consultation with the banks.
Our dialogues and engagement
Sample of Loan Eligibility
Income
Less: Statutory Deduction
(Income Tax, EPF, SOCSO)
Net Income
less: Net Disposable Income
less: Other loans
(Education, Motor Vehicle)
Balance
Plus EPF**
Income Available for SPEF
*Loan eligibility : RM1,121/(4.75%/12 months) = RM283,200
**EPF Calculation: RM3,000 x 24% (Total EPF Contribution) x 30% (EPF Account 2 allocation)
Source : PR1MA
and by providing access to a higher
loan amount than they would oth-
erwise be eligible for with conven-
tional loans.
The cornerstone of SPEF is the
step-up only or the step-up with
EPF Account 2 withdrawal options,
where in the first five years, only in-
terest is paid. The principal amount
kicks in from year six onwards until
with the banks, in particular the four
banks involved in the SPEF, [indicat-
ed] that the banks prefer a shorter
moratorium period compared with
a longer one.
The needs of the homebuyers
also change. Over the course of
time, they may want a slightly big-
ger house, so [the reduction of the
moratorium period] allows them to
upgrade their homes.
Based on the target group (those
with a household income level of
between RM2,500 and RM15,000 a
month) we have, we feel five years is
a reasonable time for them to hold
on to the property, he said.
As for the widening of the house-
hold income eligibility to RM15,000,
Abdul Mutalib disagreed with the
notion that this would mean that
PR1MA no longer caters to the needs
of the middle-income group.
If you look at our database, 64%
of our [applicants] are those with a
household income of RM2,500 to
RM4,000 per month. We decided
to extend the eligibility [because]
we noted that there are people with
a household income of RM11,000
to RM12,000 per month who cant
afford to buy homes at the current
market prices, he said.
(RM)
3,000
345
2,655
1,000
750
905
216
1,121
the loan is settled.
The step-up option combined
with withdrawals from EPF Account
2 means that homebuyers can have
access to a larger loan amount.
Examples of the scheme are illus-
trated in the table given, assuming
that the interest rate of the SPEF is at
4.75%, higher than the average con-
ventional loan interest rate of 4.45%.
HOME BUSINESS 3
Recession not on the horizon
for Malaysia economists
BY S A N G E E T H A
A MA RT H A L IN G A M
KUALA LUMPUR: US President
Donald Trumps protectionist
policies are expected to affect
global trade growth, with Ma-
laysia facing a 0.5% dip in gross
domestic product (GDP) this
year if Chinas GDP declines 1%
as a result.
However, economists think
Malaysia could generally remain
resilient to protectionisms over-
arching reach with GDP growth
maintained between 4% and 4.5%
driven by domestic consumption.
RHB Research Institute, in a
report yesterday, said US protec-
tionis policies could lower global
trade, in a worst-case scenario,
by 20% that results in a hammer-
ing in export growth in China
and Asean, causing an economic
recession.
In Asean, Singapore would
suffer the most due to it having
the largest trade exposure, fol-
lowed by Malaysia and Thailand.
The impact to the Philippines and
Indonesia would be relatively
smaller, it said.
Identifying three scenarios
that could pan out as Trump so-
lidifies his policies in due time,
RHB said by sectors, tech and
electronic companies would be
vulnerable in a trade war while
the impact on others depends on
the overall economic conditions.
In the first scenario, a milder
approach is expected of Trump
where due to constraints by the
US Congress he might retain pol-
icies at status quo.
In the second scenario where
policies implemented by Trump
are consistent with trading stance email that he saw no problem
but without the controversial bits,
RHB said Malaysia would benefit
from US exports.
In the final scenario, deemed
worst with US implementing all
America First and Make Amer-
ica Great policies including the
controversial parts, Malaysia, un-
der simulations that global trade
could fall up to 20% in 2017, could
experience a maximum of 21%
plunge in exports, as GDP de-
celerates at 2.1%.
Independent economist Lee
Heng Guie said if a trade war
intensifies between the US and
China, it will affect the latters
growth which can fall below 5%
(from the forecast 6.5% for 2017),
triggering a hard landing scenario
but that depends on the meas-
ures it takes.
However, trade matters alone
cannot push China into a crisis
unless it is compounded by its
high-debt exposure, Lee told
The Edge Financial Daily.
Last year, exports to China
made up 12.5% of Malaysias
overall exports while the US ex-
ports were 10.2%. Thus a trade
war could mean a fall of 0.5% in
GDP if Chinas GDP fell by 1% as
a result of that.
Policymakers must be pre-
pared to continue protecting
domestic growth and safeguard
Malaysia from Trumponomics, blanket tariff approach, she said.
Policymakers must
be prepared to
continue protecting
domestic growth
and safeguard
Malaysia from
Trumponomics.
said Lee. In Budget 2017, the
government is focusing on crit-
ical expenditure such as infra-
structure to ease peoples burden
along with policies to help sup-
port the middle-income group.
Most importantly, it must
continue to strengthen our fun-
damentals and ensure investor
confidence in foreign direct in-
vestment and [the] capital mar-
ket. Domestically, we have to
see the measures implemented,
he said.
Hong Leong Investment Bank
research head and economist
Sia Ket Ee said so far it has been
difficult to quantify the impact
from US trade policies but it was
clear that Trump was safeguard-
ing American jobs.
There would not be trade bar-
riers on us because there is no
competitive edge with us. Our
exports are one-third commod-
ity-related and two-thirds man-
ufacturing. [On the other hand]
despite our trade with China, we
might not be affected because
our driver of growth is domestic
consumption, said Sia.
Taylors Business School sen-
ior lecturer Dr Chung Tin Fah
told The Edge Financial Daily via
with a recession as Asian coun-
tries were keen on countering
with their own measures.
Governments worry about
growth and how this translates
into jobs. Given this concern,
I dont see a prolonged reces-
sion. Whatever hiccups caused
by Trump would only result in
countermeasures and policies.
China has the largest GDP in
the world today based on peo-
ples purchasing power valua-
tion, though it is dependent on
exports. If China can get its act
together, Trumps protectionism
will only present China [with] an
opportunity to eventually take
over the US role, said Chung.
United Overseas Bank (M)
Bhd economist Julia Goh agreed
that if the US goes ahead with all
of Trumps controversial propos-
als that trigger retaliations from
China, the region could suffer
a severe pullback in trade and
growth.
But by observation, we think
a more likely outcome is one that
removes the controversial seg-
ments and that Trump would be
able to implement some of his
reflationary policies such as the
US$1 trillion (RM4.44 trillion)
infrastructure plan, tax cuts for
corporations, and selective tariffs
for incoming goods rather than a

4 HOME BUSINESS
IOI Properties launches
worth up to RM2.5b in 2017
Projects evenly spread between local and overseas markets, says CEO
BY Y I MI E YONG
KUALA LUMPUR: IOI Properties
Group Bhd is looking to launch
property projects worth a total
gross development value (GDV)
of RM2 billion to RM2.5 billion
this year.
We are quite spread out, said
its chief executive officer (CEO)
Lee Yeow Seng. We have ongoing
projects in Singapore, [the] Klang
Valley, Johor and Xiamen (China).
Speaking to reporters after
the groups extraordinary gener-
al meeting (EGM) yesterday, Yeow
Seng said sales contribution is
evenly spread between the local
and overseas markets, which he
described as well diversified.
He said IOI Properties had no
plans to separate its local and in-
ternational businesses like the Eco
World group.
We find that being diversified
puts us in a stronger position to
counter the different cycles of the
markets, he said.
In the last financial year, Chi- puts us in a stronger position to counter
na had a higher contribution. But the dierent cycles of the markets.
EDITORS PICKS FROM
theedgemarkets.com
CDRC will no longer mediate among
Kinsteel, Perwaja and their creditors
BY SU L H I A ZMAN
KUALA LUMPUR: The Corporate
Debt Restructuring Committee
(CDRC) will no longer assist in the
mediation among troubled steel
maker Kinsteel Bhd, its 28.39%
associate Perwaja Holdings Bhd
and their lenders.
The CDRC, established by Bank
Negara Malaysia, on Sept 26, 2013
approved Kinsteels application
for the committee to assist as me-
diator between the Kinsteel group
and the creditors.
In separate filings with Bursa
Malaysia yesterday, both Kinsteel
and Perwaja said the CDRC had
notified the companies of their
removal from the committees
purview from Feb 7, 2017.
Moving forward, Kinsteel and
Perwaja will negotiate a resolu-
tion of its debts directly with the
lenders. The board is currently
deliberating on the next course
of action, and will make further
announcements in due course,
they added.
On Feb 27, 2015, Kinsteel and
its 51%-owned subsidiary Perfect
Channel Sdn Bhd entered into
a debt restructuring agreement
(DRA) with RHB Bank Bhd, OCBC
moving forward, probably Singa-
pore will be catching up as one of
our projects, The Trilinq at Jalan
Lempeng which has a total GDV
of S$1 billion (RM3.13 billion),
will be completed next month,
he said, adding that locked-in
sales for the project are close to
S$700 million.
Earlier in the EGM, sharehold-
ers approved the proposed ratifi-
cation related to a S$2.57 billion
land tender in Singapore and the
proposed one-for-four rights is-
sue of up to 1.11 billion shares at
a price of RM1.38 per share.
IOI Properties executive chair-
man Tan Sri Lee Shin Cheng said
shareholders were supportive of
the land deal.
Its for long-term investment.
They are seasoned investors. They
congratulated us for successfully
bidding for the land, he said.
When it comes to property de-
Yeow Seng: We nd that being diversied
Bank (M) Bhd, Bank Muamalat
Malaysia Bhd, Standard Chartered
Bank Malaysia Bhd, CIMB Bank
Bhd, Malayan Banking Bhd, Hong
Leong Bank Bhd, AmIslamic Bank
Bhd, AmBank (M) Bhd and TMF
Trustees Malaysia Bhd to restruc-
ture and settle the outstanding
debts owing to the creditors.
To date, Kinsteel has not been
able to fulfil the conditions prec-
edent in the DRA, said Kinsteel.
Meanwhile, the removal from
the CDRCs purview follows Per-
wajas earlier move to abort its
regularisation plan after the lapse
of its agreements with Chinese
conglomerate Tianjin Zhiyuan In-
vestment Group Co Ltd (Zhiyuan).
To recap, Perwaja and its sub-
sidiary Perwaja Steel entered into
a master framework agreement
with Zhiyuan in July 2015 to for-
malise arrangements in relation
to the proposed regularisation
scheme. Under the deal, Zhiyuan
was to pump in RM1.8 billion to
revive the steel maker.
The plan could have seen Zhi-
yuan emerge as the largest share-
holder of Perwaja, with a 64%
stake.
Both Kinsteel and Perwaja are
Practice Note 17 companies.
velopment, its always the location
[that matters]. If you dont buy
now, you will never get it again,
he added.
Last November, IOI Properties
announced that its wholly-owned
subsidiary, Wealthy Link Pte Ltd,
had successfully tendered for a
1.09ha plot in Singapores Central
Boulevard for S$2.57 billion from
the city states Urban Redevelop-
ment Authority. The
bid for the prime
tract, located in
the Marina Bay
area, is report-
edly the highest
for a government
land sale.
IOI Properties
said then that
Ekovest to pay 25 sen special dividend post DUKE stake sale
BY C HE S TE R TAY
KUALA LUMPUR: Ekovest Bhd,
which has completed the sale of a
40% stake in the Duta-Ulu Kelang
Expressway (DUKE) concession
to the Employees Provident Fund
(EPF), will be paying a 25 sen spe-
cial dividend to shareholders.
In a filing with Bursa Malaysia
yesterday, Ekovest said its shares
will trade ex-dividend on Feb 23,
PDZ owes up to RM3.81m to its vessel fuel suppliers
BY C HE S TE R TAY
KUALA LUMPUR: PDZ Holdings
Bhd, which had its vessel PDZ Me-
wah arrested last month, allegedly
owes four of its vessel fuel suppliers
as much as RM3.81 million.
In a filing with Bursa Malaysia
yesterday, PDZ said the ship ar-
rest results in losses of RM90,000
to RM100,000 per month for the
group.
It attributed the losses to the ad-
ditional costs arising from purchas-
ing slots from third-party vessels.
The financial and operational
impact on the group is expected to
be minimal as the group has made
the necessary arrangements to se-
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
this new addition to its land bank
is an opportunity for the group
to venture into prime office de-
velopment in Singapores central
business district.
Current property developments
in Singapore undertaken by IOI
Properties comprise Seascape and
Cape Royale at Sentosa Cove, City-
scape at Farrer Park, and The Tri-
linq at Jalan Lempeng.
Yeow Seng also allayed con-
cerns about falling rents and a
supply glut that haunts Singa-
pores office market.
The project will be complet-
ed in 2021. So, the timing is in
fact very good for us. If you look
at supply in the next few years,
there is hardly any new supply,
especially for Grade A office space
nothing comparable is coming
up in the next five years.
We are going to be in
a very good position to
offer a new development
that will be very prime,
he said.
Meanwhile, Yeow
Seng also does not ex-
with the payout slated for March 8.
Ekovest previously said it was
disposing of a 40% equity interest
held in Konsortium Lebuhraya
Utara-Timur (KL) Sdn Bhd (Kes-
turi) to the EPF for RM1.13 billion.
Kesturi is the concessionaire of
DUKE, a 34km highway comprising
two phases, with a concession pe-
riod of 54 years. It was previously
an indirect wholly-owned unit of
Ekovest. Upon completion of the
cure slots from third-party vessels
as an interim measure to continue
providing customers with the same
services as currently provided by
the vessel, it said.
PDZ added that its solicitor
Mohd Latip & Associates had via
its letters dated Jan 26, 2017 and
Feb 7, 2017 stated that it is of the
view that the group has a strong ar-
guable case to challenge the arrest
and set aside the claims.
Last month, PDZ announced
that its vessel was arrested by
Dan-Bunkering (Singapore) Pte
Ltd for non-payment of the supply
of marine fuel oil and marine gas
oil to the vessel, with PDZ being
served a writ admiralty action in
pect the groups dividend payout
to be affected by its rights issue
plan. The new share issuance is
expected to lead to earnings per
share dilution due to an expanded
issued base.
If you look at our track record,
our earnings have been improving
every year despite the relatively
weak market. So, we have managed
to achieve very good results even
when the market is slow, he said.
Going forward, Yeow Seng said
that with the recovery in the prop-
erty market, IPO Properties earn-
ings will be even higher.
We will still be able to pay out
good dividends to shareholders,
he said, adding that the new pro-
ject in Singapore will contribute
substantially to the groups earn-
ings in the future.
Besides paying dividends, we
will reinvest in our business to
ensure we have long-term profit-
ability, he shared.
IOI Properties shares closed
unchanged at RM2.12 yesterday,
bringing a market capitalisation
of RM9.34 billion.
stake sale, Ekovest is left with a
60% stake in Kesturi.
Ekovest said the remainder of
the disposal proceeds will be used
for repayment of borrowings, exit
payment, working capital and ex-
penses for the corporate exercise.
In a separate announcement yes-
terday, Ekovest also updated that its
share split, which involves the sub-
division of every two existing shares
into five, will also go ex on Feb 23.
rem and a warrant of arrest.
PDZ was also issued writs in
admiralty action in rem by CCK
Petroleum Sdn Bhd, CCK Capital
Ltd and CCK Petroleum (Labuan)
Ltd as they seek delivery of con-
tainers which were shipped on
board PDZ Mewah by Perkapalan
Dai Zhun Sdn Bhd, a former sub-
sidiary of PDZ.
The group sold its entire stake in
Perkapalan Dai Zhun last Decem-
ber to Salvage Point Ltd. Prior to the
disposal, PDZ Mewahs ownership
was transferred to PDZ.
PDZ also said the net book val-
ue of PDZ Mewah for the financial
year ended June 30, 2015 stood at
RM4.68 million.
TU E SDAY F E BRUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
Petronas mulling relocation
of Canadian LNG terminal
Chairmans statement comes amid continued opposition to the US$27b project
BY A H MA D NAQ I B IDR IS
KUALA LUMPUR: Petroliam Na-
sional Bhd (Petronas) said it is
considering shifting its Pacific
Northwest project in Canada,
amid opposition to the US$27
billion (RM119.88 billion) lique-
fied natural gas (LNG) terminal
project due to environmental
concerns.
Petronas chairman Tan Sri
Mohd Sidek Hassan said the na-
tional oil major could move the
project elsewhere if necessary.
We have to take into account
the various factors. If it is warrant-
ed, we will do it, he told reporters
on the sidelines of the Economic
Governance in the Public Sector
forum organised by the Malaysian
Economic Association.
Bloomberg recently reported
that the race for the office of the pre-
mier in British Columbia presented
another hurdle for Petronas Pacific
Northwest LNG terminal project.
Ex-top govt official urges Putrajaya to trim civil service
BY A H MA D NAQ I B I DRIS
KUALA LUMPUR: Former finance
ministry secretary-general and Eco-
nomic Planning Unit director-gener-
al Tan Sri Mohd Sheriff Kassim says
the government should consider
shrinking the countrys bloated civil
service, as it may not be sustaina-
ble in the event of a financial crisis.
Mohd Sheriff, who is also the
immediate past president of the
Malaysian Economic Association
(MEA), said the retrenchment of
lower-level civil servants should
be looked at, even though the
Bank Rakyat to enter Indonesian market in 2Q
KUALA LUMPUR: Bank Rakyat
will enter the Indonesian market
in the second quarter (2Q) of this
year after getting approvals from
the authorities, including Bank
Negara Malaysia.
To this end, the bank said, it had
signed a memorandum of under-
Mohd Sidek:
We have to take
into account
the various
factors. If it
is warranted,
we will do
it. Photo by
Izwan Nazam
It was reported that New Dem-
ocratic Party leader John Horgan
had told reporters that the project
was poorly sited and had vowed
to find a better location for the pro-
ject if he gets elected.
Petronas was reportedly consid-
ering changing its plans for the LNG
exercise may be costly.
It may cost the government
heavy expenditure to retrench but
it is worthwhile to do it while we
can still afford to do it, and not until
we are forced into a financial crisis
like Greece.
We dont want to be in that sit-
uation. I think we should do it grad-
ually. It is kinder to do it now, with
incentives, than to suddenly cut their
salaries and pensions at a time when
they can least afford it, he said dur-
ing his session at the forum on pub-
lic sector governance entitled Eco-
nomic Governance: Public Sector
organised by b the MEA yesterday.
In order to meet the 3% fiscal
deficit target,
targe Mohd Sheriff said the
government needs to consider this
governmen
move as a cost-cutting
c measure.
Two wee
weeks ago, Second Finance
Minister Datuk
Da Johari Abdul Ghani
Mohd Sheri: It is kinder to do it now,
with incentives, than to suddenly cut
their salaries and pensions at a time
when they can least aord it. Photo
by Chu Juck Seng
standing with Indonesias largest
bank, Bank Rakyat Indonesia (BRI),
yesterday.
In a statement, the bank said the
collaboration would enable both
banks to provide money order ser-
vices to over 700,000 Indonesians
in Malaysia.
export terminal to avoid a sensitive
marine area, with the docking fa-
cilities to be moved to the neigh-
bouring Ridley Island, which could
incur some additional cost.
The Canadian government gave
the green light for the project in
September last year but had placed
was quoted by a local newspaper as
saying that Malaysia had the worlds
largest proportion of civil service,
with one civil servant for every 19.37
people in the country.
Johari said the bloated civil ser-
vice of 1.6 million had caused yearly
increases in government expendi-
ture, highlighting that public serv-
ants total pay skyrocketed to RM74
billion in 2016, compared with RM22
billion in 2003.
However, MEA president Tan Sri
Sulaiman Mahbob, who was also
present at the forum yesterday, said
the term bloated does not really re-
flect the actual size of the civil service.
You must consider the techni-
cal definition of civil service. Ours
includes the armed forces while the
neighbouring countries dont. So it ap-
pears to be bloated. Im not saying its
not big, but its not bloated, said Su-
laiman on the sidelines of the forum.
To him, the government should
consider other alternatives such
as redeployment of staff to other
departments, before it considers
retrenchment.
Its chief retail banking officer
Mohd Shahril Isa said Malaysia
had the highest number of money
order transactions worth US$1.9
bilion (RM8.4 billion) to Indone-
sia in 2016.
This is one of the main factors
for Bank Rakyat to expand its bank-
HOME BUSINESS 5
190 conditions on the project
approval, which included a limit
on carbon emissions.
It was a three-year wait for
Petronas and its partners to ac-
quire the permit to start works on
the multibillion project, pending
the release of the Canadian Envi-
ronmental Assessment Agencys
final report.
Petronas has a majority stake
in the project, while China Petro-
chemical Corp, Japan Petroleum
Exportation Co, Indian Oil Corp
and Brunei National Petroleum
Co are minority shareholders.
In November 2015, Pacific
Northwest LNG received an en-
vironmental certificate from the
provincial government, which
included eight conditions, in-
cluding the development of an
air quality and deposition mon-
itoring programme and the de-
velopment of a tissue sampling
programme to assess toxin con-
centrations in fish.
Malaysian Directors Academy
director Tan Sri Muhammad Rais
Abdul Karim was also of the opin-
ion that the 1.6 million reportedly
cited by Johari does not accurate-
ly reflect the size of the Malaysian
civil service.
When I did the research, it was
quite the contrary. I found the civil
service isnt that bloated. They said
that weve got 1.6 million civil serv-
ants. I found that the 1.6 million is
not the number of employed civil
servants, but the number of posts
in the civil service, and a lot of those
posts are not filled, he said.
Muhammad Rais said the filled
posts amount to about 1.2 million,
equivalent to a civil servant to per-
son ratio of 1:45, which puts Malay-
sias civil service among the ranks
of the Japanese and Koreans, with
ratios of around 1:50.
Out of the 1.2 million filled posts,
if you take out the military, the med-
ical staff, the teachers and the po-
lice, its down to 695,000 filled posts,
which makes us comparable with
other countries, he said.
ing services to the country, he said.
BRI was set up in 1895 and
has 50 million retail clients, with
over 10,612 business and services
branches all over Indonesia, while
Bank Rakyat is the largest Islamic
cooperative bank in Malaysia with
147 branches. Bernama
Multi Sports
reveals alleged
unreported
transactions and
lawsuit
BY C H E S T E R TAY
KUALA LUMPUR: China-based
shoemaker Multi Sports Holdings
Ltd, which is going to miss anoth-
er fiscal reporting due date today,
says it has received details of al-
leged unreported transactions and
litigation involving its operating
unit in China and the companys
senior management.
In a bourse filing yesterday,
Multi Sports said the unit was Jin-
jiang Baixing Shoe Materials Ltd.
Should the allegations be vali-
dated, such information would
be material and would need to be
incorporated into the outstanding
annual report, it said.
As such, the company said it
is unable to release its outstand-
ing annual report for the financial
year ended Dec 31, 2015 (FY15)
and quarterly results for the sec-
ond quarter of FY16 (2QFY16) and
3QFY16 today.
In addition, discussions with its
auditor, Messrs RT LLP, regarding
the outstanding annual report and
audit fees are still ongoing, it said.
It first missed filing its FY15
annual report on April 30. At the
time, it said the delay was caused
by additional works by its exter-
nal auditor, specifically to verify
expenditure incurred and bank
balances.
Days earlier before missing the
deadline, two of the companys
independent directors, Ang Wei
Chuan and Bernard Tan Chin Teik,
quit the board on April 20, citing
personal reasons. They were also
members of the audit committee
of the company.
Failure to file the FY15 annual
report had resulted in the compa-
nys listing in Taiwan under a Taiwan
Depository Receipts programme to
be delisted on Nov 1. The delisting
was also because it had failed to
issue the 2016 half-year financial
reports, as required under the Tai-
wan Securities Exchange Act and
the exchanges regulations.
In July, its chief financial officer
resigned, saying he could not per-
form his duties after the resigna-
tion of the company secretary and
agent in June, with no action from
the company to resolve the issues.
Its independent non-executive di-
rector Wong Wang Lam also quit
around the same time.
Following a special general
meeting requisitioned by Param-
jit Singh Gill, a shareholder with
no less than 10% stake in the com-
pany, Multi Sports appointed six
new independent directors last
November tasked with carrying
out an independent investigation
into the companys affairs, and
appointed a new Malaysian agent.
Trading of Multi Sports shares
has been suspended since May 10
last year, after the company failed
to submit its 2015 annual report.
Prior to the suspension, Mul-
ti Sports shares closed at 3.5 sen
on May 9 a 95% drop from its
initial public offering price of 80
sen in 2009.

6 HOME BUSINESS
DBE Gurney expands
Harumi chain to Sabah
It also plans to grow its brand in China, Taiwan
BY SA MA NTHA HO
KOTA KINABALU: Integrated
poultry company DBE Gurney
Resources Bhd will open two new
Harumi fast food restaurants in
Sabah this year, as part of its plan
to expand the local fried chicken
brand across Southeast Asia, as
well as Taiwan and China.
Apart from restaurant formats,
the group will open 19 kiosks and
two food trucks in the state. This
is part of its expansion plan to
establish 3,000 kiosks, 300 food
trucks and 30 Harumi restaurants
across Malaysia by 2018.
Harumi was launched in Octo-
ber last year and has since grown
to 200 kiosks and express outlets,
three food trucks and three restau-
rants across Peninsular Malaysia.
At the same time, DBE Gurney
plans to set up new Harumi restau-
rants in Taiwan and Chongqing,
China within the second quarter
of this year, leveraging on the ex-
pertise of DBE Gurneys Taiwan-
ese partner.
In Taiwan itself, we target to
open 10 restaurants this year, DBE
Gurney group managing director
Datuk Alex Ding Seng Huat told
journalists at the signing of a mem-
orandum of understanding (MoU)
with Koperasi Penggiat Seni Sabah
Bhd (Coseni) here on Sunday.
He added that the group will set
up a subsidiary there to handle its
international operations.
On Sunday, DBE Gurneys
wholly-owned subsidiary DBE
NEWS IN BRIEF
DNeX to advise on Thai borders road
charge vehicle entry permit system
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Dagang NeX-
change Bhd (DNeX) has been
appointed the exclusive project
consultant for the road charge
vehicle entry permit (RC VEP)
system for the Thailand-Malaysia
border and any other borders to
Thailand.
In a filing with Bursa Ma-
laysia yesterday, DNeX said its
51%-owned subsidiary DNeX
RFID Sdn Bhd had accepted a
letter of award dated Feb 9 from
Tiffa Edi Services Co Ltd for the
appointment, which entails that
the group provides consultancy,
advice and services as the tech-
nology partner and solution pro-
vider for the project.
DNeX will also be working
with Tiffa Edi to coordinate pro-
ject proposal with proposed
blueprint in the implementation
Ding (left) exchanging documents with Coseni chairman Arnez Hamidi@Abd Hamid
Hassan, after the MoU signing on Sunday. Looking on are Coseni members.
Poultry Sdn Bhd signed a MoU
with Coseni, offering selected
cooperative members to partici-
pate in the Harumi business pro-
gramme.
Coseni has so far committed
to an initial investment sum of
RM1 million for its members to
purchase, promote and operate
kiosks, food trucks and restau-
rants under the halal fried chick-
en franchise. The cooperative is a
platform approved by Suruhanjaya
of the project, it added.
DNeX executive deputy chair-
man Datuk Samsul Husin said the
appointment is a testimony to
DNeXs knowledge, expertise and
operational know-how in provid-
ing information technology and
e-services for the logistics sector,
which can meet requirements for
projects here and abroad.
The contract is expected to
contribute positively to the fu-
ture earnings and net assets of
the DNeX group, said DNeX.
Last month, the company was
awarded a subcontract to oper-
ate and manage the VEP and RC
system project involving foreign
registered vehicles entering Ma-
laysia via Johor, namely Kompl-
eks Sultan Abu Bakar in Tanjung
Kupang and Bangunan Sultan
Iskandar in Johor Baru, worth
RM104.3 million for a total of
five years.
Koperasi Malaysia in Sabah that
aims to improve the living stand-
ards of its members through their
involvement in small businesses.
Under the MoU, DBE will train
the selected members to manage
and operate the royalty-free Haru-
mi establishments while ensuring
they adhere to Harumis operating
procedures.
In the future, we hope to
replicate the business model
and success of Harumi in other
Hua Yang CEO joins board of Magna Prima
BY S U LHI AZ M AN
KUALA LUMPUR: Magna Pri-
ma Bhd has appointed Ho Wen
Yan as executive director of the
company.
This follows the acquisition of
a 10.84% equity interest in Magna
Prima by Hua Yang for RM66.6
million or RM1.85 per share on
Jan 25.
In a filing with Bursa Malaysia
Ire-Texs Purcell gives up MD post to be group COO
BY C HE S TE R TAY
KUALA LUMPUR: Corrugated
packaging services provider Ire-
Tex Corp Bhds managing direc-
tor (MD) Christopher Purcell has
given up his post to assume the
responsibilities of group chief op-
erating officer.
In a filing with Bursa Malay-
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
neighbouring countries such as
Indonesia, Thailand, and Myan-
mar, said Ding.
DBE Gurney had previously
engaged established Taiwanese
firms and partners with regard to
the development and marketing
of Harumi products.
The group is targeting Harumi
to contribute 30% of its revenue in
the current financial year ending
Dec 31, 2017, while its existing
core business of supplying fresh
chicken to KFC Malaysia and QSR
Foods is expected of contribute the
remaining 70% of revenue.
Harumi products currently
have a profit margin of some 20%
and have helped DBE Gurney to
maintain profitability over the last
three quarters, according to Ding.
For the nine months ended
Sept 30, 2016, the group posted
a net profit of RM1.18 million
compared to a net loss of RM5.58
million, even though revenue fell
12.3% to RM83.93 million from
RM95.71 million.
On concerns about cost of ob-
taining fresh chicken meat in Sa-
bah, the Perak-based DBE Gurney
is looking into partnerships with
established local poultry farmers,
he said.
The group also faces the risk
of currency volatility as a large
portion of its raw materials is im-
ported, according to Ding.
DBE Gurney shares closed
unchanged at 3.5 sen yesterday,
bringing a market capitalisation
of RM40.65 million.
yesterday, Hua Yang said Hos
appointment is to represent the
companys interest in Magna Pri-
ma and to stay abreast of devel-
opments in the investee com-
pany.
Ho, 42, is presently executive
director and chief executive officer
(CEO) of Hua Yang, responsible
for strategic business objectives
and implementing systems and
processes to monitor and report
sia, Ire-Tex said the changes took
effect on Feb 8, ending Purcells
13-month tenure as MD since he
took over the companys leader-
ship from deputy chairman Datuk
Dr Yap Tatt Keat on Jan 6 last year.
Purcell has been with Ire-Tex
since 1998. He was promoted to
deputy MD of operations under
the packaging division of the group
CSC Steel warns
of volatile
HRC prices
BY C H E S T E R TAY
KUALA LUMPUR: A substantial
rise in production cost, due to
higher cost of raw materials that
was exacerbated by the rapid
weakening of the ringgit against
the greenback, caused CSC Steel
Holdings Bhds earnings to fall
by 78% in its final quarter of the
financial year 2016.
The steel product makers net
profit shrank to RM6.19 million
in the fourth quarter ended Dec
31, 2016 (4QFY16) from RM28.53
million a year ago despite im-
proved revenue, which grew 18%
year-on-year to RM286.92 mil-
lion from RM242.54 million on
higher sales volume and higher
selling prices.
Nevertheless, it declared a fi-
nal dividend of 10 sen per share,
together with a four sen special
dividend, for FY16.
On a cumulative basis, the
groups FY16 net profit grew 26%
y-o-y to RM68.69 million from
RM54.60 million, though revenue
remained flat at RM1.04 billion
versus RM1.02 billion previously.
The significant earnings rise is
mainly due to lower cost of hot-
rolled coils (HRCs), and larger
overall sales volume, it said.
For 2017, CSC Steel said the
weak ringgit and unpredictable
business environment are expect-
ed to continue to affect local de-
mand for its products and its abili-
ty to pass on further cost increases
to downstream customers.
Our main raw material, HRC,
has been trending upwards due to
increases in coking coal and iron
ore prices, the main inputs in the
manufacturing of HRC. However,
the price of coking coal has seen
a sharp correction recently and
this increases the volatility of the
HRC prices which may impact our
profitability, it added.
on performance. He is also re-
sponsible for driving the growth
of Hua Yangs revenue and profit
margins.
On Jan 25, Hua Yang, through
its wholly-owned subsidiary Pris-
ma Pelangi Sdn Bhd, acquired 36
million shares in Magna Prima
from two of Magna Primas major
shareholders, Chun Yee Ying and
Chun Mei Ngor via an off-market
direct business transaction.
in mid-2015 after Yap expressed
his intention to retire during the
same period.
Being a key management per-
sonnel, Yaps retirement plan raised
many eyebrows back then. In order
to ease concerns, Yap deferred his
retirement and continued as MD for
the next six months, before passing
the baton over to Purcell.

8 HOME BUSINESS
Msia set to earn
RM1.3b revenue from
medical tourism
One million health travellers expected this year, says council
BY A NETTE A PPADUR AY
KUALA LUMPUR: Malaysias medical
tourism industry is expected to gen-
erate revenue of RM1.3 billion this
year, up 30% compared with RM1
billion last year, says the Malaysia
Healthcare Travel Council (MHTC).
Chief executive officer Sherene
Azli said that in terms of the num-
ber of health travellers, the coun-
cil expects it to increase to about
a million from 860,000 last year.
Indonesia remains the top reve-
nue contributor, accounting for 70%
of total revenue. But Sherene said the
council hopes to see greater contribu-
tions from markets like India, China,
Vietnam and Myanmar in future.
The bulk of the patients are still
coming from within the region, such
as Indonesia, but we are seeing grow-
ing numbers from China and India,
as well as the Middle East, she told
a press conference at the launch of
the ShareMyLove campaign here
yesterday.
Sherene said the top five medical
services offered in Malaysia are car-
diology, oncology, orthopaedic ser-
vices, in vitro fertilisation and blood
disease-related treatments.
According to her, quality health-
care services offered at affordable
prices is what sets Malaysias med-
ical tourism industry apart from its
regional and international peers
such as Thailand, Singapore and
South Korea.
Quality is not compromised by
Tecnic Group minority shareholders
told to reject takeover offer
BY B I L LY TOH
KUALA LUMPUR: Minority share-
holders of Tecnic Group Bhd have
been told to reject the mandatory
takeover offer of 63 sen per share
by Rohas-Euco Holding Sdn Bhd,
Tan Sri Nik Awang @ Wan Azmi
Wan Hamzah, Puan Sri Nik Anida
Nik Manshor, George Sia Bun Chun
and Chan Liew Hoon.
Independent adviser Mercury
Securities Sdn Bhd said the offer
is not fair and not reasonable the offer not reasonable because
because the offer price is lower
than the value of the offer shares.
Mercury Securities has derived
the fair value for the entire equity in-
terest in Tecnic at between RM250.43
million and RM271.77 million, rep-
resenting 70 sen to 76 sen per Tecnic
share based on the discounted cash
flow valuation method.
[Thus,] the offer price of 63 sen
represents a discount of seven sen to
Sherene (fth from right) with artists at the launch of the ShareMyLove campaign in
Kuala Lumpur yesterday. The campaign runs until Sept 16. Photo by Shahrin Yahya
pricing, as prices are regulated [by
the health ministry], she said, add-
ing that in some of the other coun-
tries there is often no ceiling price on
charges for international travellers.
South Korea offers very niche
medical treatments such as cos-
metic care, Singapore is known for
the complexity of medical cases
that are covered, and Thailands
large tourism numbers contribute
significantly to its medical tourism
industry, but these countries tend
to have very high costs for interna-
tional health travellers, she added.
13 sen or 10% to 17.11% to the range
of fair values per Tecnic share, it
said in an independent advice letter
filed with Bursa Malaysia yesterday.
The offer price is also lower than
the closing market price of Tec-
nics shares for approximately 95%
of the total market days since the
announcement date of the memo-
randum of understanding on Sept
21, 2015, up to the last practicable
date on Feb 6, 2017.
Mercury Securities also deemed
Azmi, Nik Anida, Sia and Chan at
Tecnic shares will remain trada-
ble on the Main Market of Bursa
Malaysia following the acquisition.
Moreover, the enlarged Tec-
nic Group will be involved in new
core businesses including the fab-
rication of steel towers for power
transmission and telecommu-
nications, thereby allowing the
holders the opportunity to par-
ticipate in the growth prospects
authorised dealer, Hap Seng Com-
MHTC was set up in 2005 under
the health ministry to oversee the
nations dual heritage of hospitality
and medical innovation. It promotes
Malaysia as a destination of choice
for world-class healthcare services.
#sharemylove is the main theme
behind the ongoing Malaysia
Loves You campaign launched on
Feb 29 last year. It features paintings
from seven up-and-coming Ma-
laysian artists, is aimed at creating
further awareness of Malaysia as a
global leader in healthcare tourism,
and runs until Sept 16.
of these businesses, it said.
Recall that the mandatory offer
was undertaken to comply with Sec-
tion 218(2) of the Capital Markets
and Services Act, 2007 following the
acquisition by Tecnic of the entire
equity interest held by Rohas-Euco
Holding in Rohas-Euco Industries,
comprising 68.4 million Rohas-Eu-
co Industries shares for a purchase
consideration of RM200 million, to
be satisfied via the issuance of 317.5
million consideration shares to Wan
an issue price of 63 sen each, which
will result in the increase of the col-
lective shareholdings of the joint
offerors in Tecnic from nil to 88.71%.
This enables Tecnic to acquire a
new core business as part of a reg-
ularisation plan, and to maintain
its listing status with Bursa.
Tecnic shares closed at 73.5 sen
yesterday, giving it a market cap-
italisation of RM29.692 million.
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
Malaysia 4Q GDP seen picking
up on manufacturing
KUALA LUMPUR: Malaysias econ-
omy is likely to have expanded fast-
er in the final quarter of 2016, boost-
ed by strong manufacturing and a
recovery in commodities and oil
prices, a Reuters poll showed.
Fourteen economists surveyed
expected growth of 4.5% in Octo-
ber-December from a year earli-
er, up from 4.3% previously and
the second successive quarter of
stronger momentum, according to
the median forecast of economists.
The survey of 14 economists gave
forecasts for fourth quarter growth
ranging between 3.7% and 5%.
The median forecast matches
the 4.5% expansion over the fourth
quarter of 2015, though it remains
far off the record 10.1% recorded in
the first quarter of 2010.
Malaysia, an energy and com-
modities exporter, snapped five
quarters of declining growth in Ju-
ly-September, and economists say
Mercedes-Benz Malaysia, Hap Seng
open sixth 3S centre in Klang
BY S UL H I A Z MA N
KUALA LUMPUR: Mercedes-Benz
Malaysia Commercial Vehicles
(MBM CV) has teamed up with its
in the area of customer-oriented
mercial Vehicle (HSCV), to introduce
its sixth 3S commercial vehicle cen-
tre in Telok Gong, Klang, Selangor.
MBM CV and HSCV currently op-
erate 3S centres in Kinrara, Kuantan,
Kota Kinabalu, Kuching and Miri.
Mercedes-Benz Malaysia
vice-president of commercial ve-
hicles Albert Yee said further expan-
sion plans can be expected in the
coming years as MBM CV remains
committed to meet the evolving
needs of its customers.
We invest heavily in our deal-
ership networks so we can contin-
ue to serve our growing customer
base. Consistency is important to
us, and our customers can contin-
ue to expect trucks they can trust
and excellent service quality, he
said in a joint statement yesterday.
The new 3S centre in Klang is ful-
ly equipped to facilitate sales, ser-
vice (repair and maintenance) and
financial services for both brands
Mercedes-Benz and FUSO com-
mercial vehicles.
(From left) Yee, Hap Seng Consolidated Bhd group chief operating ocer Harald
Behrend, and Wong at the grand opening of the new 3S centre in Klang yesterday. The
new centre is capable of servicing up to 200 commercial vehicles per month.
that a faster expansion in the Octo-
ber-December quarter will indicate
that the economy is on the mend.
Exports were up 10.7% in Decem-
ber on a strong recovery in shipments
of crude oil, petroleum products and
palm oil and palm-based products.
Last January, the federal govern-
ment had to trim its full-year 2016
growth forecast to 4% to 4.5% from
4% to 5% due to the sharp drop in
global crude prices.
Prime Minister Datuk Seri Najib
Razak said in October when unveil-
ing Budget 2017 that the economy
would likely grow between 4% to 5%
in 2017 on expectations that growth
will pick up marginally.
The ringgit currency, which lost
4.3% against the dollar in 2016, re-
mains fragile, prompting Malaysias
central bank in November to clamp
down on offshore trade of the ringgit
and to boost liquidity and domestic
trade of the local currency. Reuters
This new commercial vehicle
centre is a testament to our com-
mitment to provide first-class prod-
ucts, excellent service quality and
comprehensive after-sales expertise
transport solutions to our custom-
ers, said Yee.
The new 3S centre is capable
of servicing up to 200 commercial
vehicles per month and is operated
by a dedicated administration and
technical team.
Hap Seng has enjoyed a part-
nership of more than 40 years with
Mercedes-Benz Malaysia. This part-
nership has led to the successful
expansion of our dealer network
nationwide, said Hap Seng Star
and HSCV chief operating officer
Wong Leh Seng.
We understand the needs of our
customers in the haulage indus-
try who depend on the reliability
of their vehicles. Our strength lies
in the ability to ensure minimal
downtime so our customers can
maximise the utilisation of their
vehicles, he added.
Last year, MBM CV sold 2,612 ve-
hicles comprising FUSO light duty
and heavy duty trucks, as well as
Mercedes-Benz trucks and vans.
TU E SDAY F E BRUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
ST O C KS W I T H M O M E N T U M 9
Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and rst appeared at www.theedgemarkets.com.
Please exercise your own judgement or seek professional advice for your specic investment needs. We are not responsible for your investment decisions.
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Our shareholders, directors and employees may have positions in any of the stocks mentioned.

CME GROUP BHD (+ve) CME GROUP BHD FY13 FY14 FY15 FY2016Q3
(ALL FIGURES IN MYR MIL) 31/12/2013 31/12/2014 31/12/2015 30/9/2016
SHARES in CME Group Bhd (fundamental: The company is involved in the manufac-
Financials
0.2/3, valuation: 0.9/3) was red-flagged by turing and sale of firefighting equipment, fire
our proprietary algorithm yesterday, sug- engines and specialist vehicles, as well as the Turnover 30.0 22.0 22.3 4.7
gesting that investors should exercise extra servicing and sales of related spare parts. Ebitda 1.9 (12.6) (11.4) 1.2
caution while trading in its shares. It reported a net loss of RM1.61 million Interest expense 0.6 0.9 1.8 0.9
It was the second time the stock triggered for the nine months ended Sept 30, 2016, Pre-tax prot 0.9 3.9 (13.7) 0.1
our momentum algorithm since it began versus a net profit of RM419,000 a year ago, Net prot - owners of company 0.6 3.0 (13.5) 0.2
tracking in 2014. on the absence of foreign exchange gains, Fixed assets - PPE 7.1 7.2 7.0 18.3
The stock closed up half a sen at 6.5 sen while revenue fell 5.6% to RM14.65 million Total assets 48.2 84.5 75.0 77.4
yesterday, after 17.6 million shares were from RM15.52 million. Shareholders' fund 44.5 80.6 71.5 71.3
traded, compared with its 200-day average At its current price, CME is trading at 0.4 Gross borrowings 9.9 9.3 24.0 23.4
volume of 806,020 shares. times its book value. Net debt/(cash) 9.6 8.1 23.5 23.1

CME GROUP BHD Valuation score* 0.90

Fundamental score** 0.20
TTM P/E (x) - CME GROUP BHD FY13 FY14 FY15 ROLLING 12-MTH
TTM PEG (x) - RATIOS 31/12/2013 31/12/2014 31/12/2015
P/NAV (x) 0.37 DPS ($) - - - -
TTM Dividend yield (%) - Net asset per share ($) 0.10 0.18 0.16 0.16
Market capitalisation (mil) 26.47 ROE (%) 1.39 4.87 (17.77) (19.73)
Shares outstanding (ex-treasury) mil 441.10 Turnover growth (%) 31.35 (26.81) 1.39 19.56
Beta 0.71 Net prot growth (%) 2,865.00 414.00 - -
Net margin (%) 1.97 13.86 (60.63) (70.85)
12-month price range 0.04-0.07
ROA (%) 1.31 4.60 (16.96) (18.67)
*Valuation score - Composite measure of historical return & valuation Current ratio (x) 0.93 0.56 0.53 0.31
**Fundamental score - Composite measure of balance sheet strength
& protability
Gearing (%) 21.51 10.03 32.85 32.40
Note: A score of 3.0 is the best to have and 0.0 is the worst to have Interest cover (x) 3.33 (13.33) (6.47) (5.48)

LKL INTERNATIONAL BHD (-ve) LKL INTERNATIONAL BHD FY2017Q2

(ALL FIGURES IN MYR MIL) 31/10/2016
SHARES in LKL International Bhd (funda- ed Oct 31, 2016, LKL reported a net profit
mental: N/A, valuation: N/A), which trig- of RM3.06 million, with RM20.46 million Financials
gered our momentum algorithm yesterday in revenue. Turnover - - - 8.5
for the first time this year, closed half a sen Last month, it said it was buying a fully Ebitda - - - 2.2
or 1.85% higher at 27.5 sen yesterday, after automated laser tube cutting machine for Interest expense - - - 0.1
some 2.77 million shares were traded. 830,000 (RM3.93 million) from Germa- Pre-tax prot - - - 1.9
LKL, listed on the ACE Market of Bursa nys Trumpf Group as part of its efforts Net prot - owners of company - - - 1.4
Malaysia just last May, is involved in design to expand its business in the healthcare Fixed assets - PPE - - - 22.0
and manufacturing of healthcare beds, pe- industry. Total assets - - - 68.5
ripherals and accessories. LKL is currently trading at 1.96 times its Shareholders' fund - - - 59.9
For the first half of the financial year end- book value. Gross borrowings - - - 7.9
Net debt/(cash) - - - (23.3)

LKL INTERNATIONAL BHD Valuation score* -

Fundamental score** -
TTM P/E (x) - LKL INTERNATIONAL BHD ROLLING 12-MTH
TTM PEG (x) - RATIOS
P/NAV (x) 1.93 DPS ($) - - - -
TTM Dividend yield (%) - Net asset per share ($) - - - 0.14
Market capitalisation (mil) 115.78 ROE (%) - - - -
Shares outstanding (ex-treasury) mil 428.80 Turnover growth (%) - - - -
Beta 0.30 Net prot growth (%) - - - -
Net margin (%) - - - -
12-month price range 0.22-0.33
ROA (%) - - - -
*Valuation score - Composite measure of historical return & valuation Current ratio (x) - - - 11.21
**Fundamental score - Composite measure of balance sheet strength
& protability
Gearing (%) - - - -
Note: A score of 3.0 is the best to have and 0.0 is the worst to have Interest cover (x) - - - -

PETERLABS HOLDINGS BHD (+ve) PETERLABS HOLDINGS BHD FY13 FY14 FY15 FY2016Q3
(ALL FIGURES IN MYR MIL) 31/12/2013 31/12/2014 31/12/2015 30/9/2016
SHARES in Peterlabs Holdings Bhd (fun- health and nutrition products.
Financials
damental: 1.7/3, valuation: 1.4/3) triggered For the nine months ended Sept 30, 2016,
our momentum algorithm yesterday for the its net profit was flattish at RM2.73 million, Turnover 50.3 54.9 73.5 20.8
first time this year. versus RM2.77 million a year ago despite Ebitda 4.2 5.2 6.3 2.2
The counter rose two sen or 8.16% to close a 13% rise in revenue to RM60.85 million Interest expense 0.3 0.3 0.4 0.1
at 26.5 sen yesterday, after 2.52 million shares from higher trading segment contribution Pre-tax prot 3.2 4.1 5.2 1.8
were done, exceeding its 200-day average due to higher operating expenses incurred. Net prot - owners of company 2.0 3.0 3.3 1.3
volume of 212,536 shares. At its current price, Peterlabs is trading Fixed assets - PPE 11.8 11.3 12.3 14.1
The company is involved in manufac- at 1.36 times its book value and 14.02 times Total assets 33.4 35.5 41.4 46.2
turing, distribution and trading of animal its trailing 12-month price-earnings ratio. Shareholders' fund 30.5 32.9 39.0 40.3
Gross borrowings 5.7 5.9 5.1 10.0
Net debt/(cash) 2.6 1.7 1.5 1.6
PETERLABS HOLDINGS BHD Valuation score* 1.40
Fundamental score** 1.70
TTM P/E (x) 14.02 PETERLABS HOLDINGS BHD FY13 FY14 FY15 ROLLING 12-MTH
TTM PEG (x) (0.86) RATIOS 31/12/2013 31/12/2014 31/12/2015
P/NAV (x) 1.26 DPS ($) 0.00 0.01 0.01 0.01
TTM Dividend yield (%) 5.71 Net asset per share ($) 0.16 0.18 0.19 0.19
Market capitalisation (mil) 50.67 ROE (%) 6.73 9.54 9.29 9.85
Shares outstanding (ex-treasury) mil 206.80 Turnover growth (%) 9.13 9.20 33.74 15.27
Beta 1.15 Net prot growth (%) (48.01) 49.23 10.43 (16.33)
Net margin (%) 4.03 5.51 4.55 4.49
12-month price range 0.21-0.26
ROA (%) 6.14 8.78 8.69 9.11
*Valuation score - Composite measure of historical return & valuation Current ratio (x) 4.27 3.84 4.18 3.67
**Fundamental score - Composite measure of balance sheet strength
& protability
Gearing (%) 8.38 5.20 3.77 3.96
Note: A score of 3.0 is the best to have and 0.0 is the worst to have Interest cover (x) 15.90 19.04 17.18 18.18

1 0 P R O P E RT Y
Top China developers plan to
invest more in land this year
They are buying in Tier 1 or Tier 2 cities while shunning Tier 3 and Tier 4 ones survey
BY C L A RE JI M
HONG KONG: Chinese real estate
developers surveyed by Reuters most-
ly plan to increase their land invest-
ments in 2017 as they shrug off record
prices and government tightening
measures while seeking to expand
their market share.
The 10 companies contacted by
phone and messaging represent half
of the top 20 Chinese developers and
together have close to US$300 bil-
lion (RM1.33 trillion) in annual sales,
mainly of apartments.
Eight of them said they were in-
creasing their budgets, by between
10% and 50%, and the other two said
they would sustain their spending at
2016 levels. Company officials re-
sponding to the survey asked for an-
onymity, many citing corporate quiet
periods ahead of quarterly results.
The developers are buying land
in Tier 1 cities, which are Beijing,
Shanghai, Guangzhou and Shen-
zhen, or in Tier 2 cities, such as Su-
zhou, Wuhan and Hefei, but most are
shunning smaller Tier 3 and Tier 4
cities. That could increase the price
differential between the major cities,
where demand is robust and land is
in short supply, and the rest.
A sharp run-up in prices in major
cities last year raised official alarm
in Beijing about the potential for a
boom and bust cycle, and led to a
series of measures at the local lev-
el to reduce property speculation.
Because of the tightening, home
sales will not be as crazy as in 2016,
but its a good time for us to buy more
land because we sold most of the
inventory last year, said a company
official at one developer based in the
southern city of Shenzhen, where
home prices are among the most
expensive in China. Developers
need to keep the growth momentum
and so we need to keep buying ag-
gressively ... the theme for this year
is land investment.
Increasing market share helps the
big players gain more economies of
scale, putting them in a better posi-
tion to control labour, material and
marketing costs.
Companies are snatching up land
amid intensifying competition that
is expected to squeeze out some of
the countrys smaller players. Citi
estimates Chinas top 20 developers
will control 45% of new home sales
before 2020, up from 26% in 2016.
The plans for more land buy-
ing contrast with expectations for a
slowdown in the growth in overall
national real estate investment in
2017, compared with a 6.9% rise last
year. The Chinese Academy of Social
Sciences forecasts Chinas property
investment will rise 5.4% in 2017.
Increasing competition for land
in major cities will not only pose a
challenge to authorities who want
to avoid property prices from soaring
out of control, but also put pressure
on companies profit margins due
to caps imposed on home prices in
some cities.
survey
PUBLISHED ON ia Weekly publication
in The Edge Mala
The developer that plans to invest
50% more in land this year said it was
making up for failing to buy enough
in the past two years.
The two developers surveyed who
said they would keep investment lev-
els similar to 2016 said they believed
land prices were already too high.
Shopping spree
Chinas property market, which
contributes around 15% of the
countrys economic growth, has
become increasingly unbalanced,
with higher-tier cities recording
record prices while smaller ones
struggle to reduce inventories.
China Vanke, the countrys No 2
homebuilder with a 88% growth in
sales value in January from a year ear-
lier, said it bought 19 new projects last
month, two of which were in Beijing.
In cities where tightening meas-
ures are in place, sales may see pres-
sure, but this pressure may also bring
opportunities for us to acquire land.
Even though the absolute prices of
land havent dropped significant-
ly, the premiums have narrowed,
Vanke securities affairs representa-
tive Liang Jie told an analysts con-
ference last week.
DECEMBER 19
, 2016
ys
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
Filepic of residential and oce buildings
in Beijing. A sharp run-up in prices in
major cities last year raised alarm in
Beijing about the potential for a boom
and bust cycle. Photo by Reuters
Explaining why the lesser cities
werent a focus, the chief financial
officer of a large developer said that
prices there are not good and de-
mand is not good.
Two developers, Evergrande and
Country Garden, are bucking the
trend by developing around half of
their projects in third- and fourth-
tier cities as they have in the past.
Country Garden has the most
aggressive sales target for this year,
with a plan to double sales to close
to 600 billion yuan (RM388 billion).
There are no price caps in these
cities, and by keeping land prices
and construction costs low, there is
less pressure on margins, Country
Garden chief financial officer Bijun
Wu told reporters last month.
If Chinas property prices contin-
ue to rally, the developers aggressive
buying strategy could prove right.
Evergrandes active land acquisi-
tion in 2013 to 2015 via auction/M&A
(mergers and acquisitions) turned
out be a successful move given the
sharp appreciation of land prices and
the much higher competition in the
land market now, Citi analyst Oscar
Choi said in a report early this month.
Still, there are concerns that some
of the developers are overstretching.
Land prices will continue to in-
crease if local governments keep
lowering supply, but once mone-
tary policy starts to tighten, those
developers that have invested exces-
sively will face [liquidity] problems,
said Nomura chief China economist
Zhao Yang. Reuters
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UK house prices
climb to record
as shortage of
homes worsens
BY F E RG A L O B R IE N
LONDON: The average price
of a UK home hit a new record
in January, continuing an up-
ward trend thats in part being
driven by a supply-demand
imbalance.
The 0.3% increase in values
lifted the average to 300,169
(RM1.67 million), Acadata and
LSL said in a report yesterday.
Annual growth was 3.1%, and
prices are now double what
they were in 2002.
Over 2016, London was
one of the worst performers
among 10 regions analysed,
partly due to weakness in prime
locations because of Brexit and
tax changes. Weakness in the
citys best neighbourhoods was
also seen this month in a report
from Knight Frank LLP, which
showed double-digit-price de-
clines in Chelsea and Kensing-
ton over the past year.
While price growth nation-
ally is forecast to cool this year,
the continued appreciation is
making it harder for first-time
buyers. The government pub-
lished new plans last week
aimed at boosting supply and
helping young people.
S eparately yesterday,
Visa said its consumer in-
dex showed annual spending
growth slowed to a five-month
low of 0.4% in January after
a bumper 2.5% increase in
December. While clothing
and footwear fell the most in
almost five years, there was
strong growth in spending at
hotels and restaurants.
Consumer demand could
come under pressure this year
from inflation, which is fore-
cast to accelerate towards 3%.
Price growth probably picked
up to 1.9% in January from
1.6%, economists said before
a report to be released today.
Bloomberg

12 B R O K E R S C A L L
Palm oil exports
up ahead of
Chinese New Year
Plantation sector
Maintain overweight: Malaysias
palm oil exports are making a good
start for the year, reporting an in-
crease of 1.2% month-on-month
(m-o-m) as demand picked up
ahead of Chinese New Year.
Meanwhile, the steep decline
in production dragged invento-
ries to 1.54 million tonnes, slightly
above the consensus estimate of
1.49 million tonnes. The tight palm
oil inventories was the key driver
that pushed up the crude palm oil
(CPO) prices to the current spot
level of RM3,300 per tonne.
Malaysias January inventories fell
7.5% m-o-m after gaining for the last
four months. Compared with January
2016, it tumbled 33.3% as production
dipped while exports improved.
Palm oil exports reversed with
a gain of 1.2% in January after fall-
ing for four straight months. Better
demand from China (+5.2%), US
(+2%) and other nations (+18%)
outpaced softer orders from the
European Union (-20.8%), India
(-15.4%) and Pakistan (-50.4%). A
combination of restocking activi-
ties and stronger cooking oil con-
sumption during Chinese New Year
supported more orders from China.
CPO production saw a bigger
decline, down 13.4% m-o-m. The
fall was the fourth session in a row.
Both Peninsular Malaysia and East
Malaysia dropped 18.2% and 8.1%
respectively. Nevertheless, it jumped
13% compared with January 2016 as
the dry period effect fades.
For the first 10 days of February
2017, Malaysias CPO exports fell
3.1% m-o-m, according to Inter-
tek Group.
Sunway to acquire leasehold land in Jalan Peel
Sunway Bhd
(Feb 13, RM3.16)
Maintain buy with an unchanged
target price of RM3.75: Sunway Bhd
entered into a joint venture (JV) agree-
ment to acquire Austral Meridian
Property Sdn Bhd which will enable
Sunway to gain an additional 3.41ha
of leasehold land in Jalan Peel.
Sunway will hold a 50% + 1
share stake in the JV with the
remaining from Low Peng Kiat
(40%) and CRSC Property Sdn
Bhd (10%). The estimated gross
development value (GDV) is ap-
proximately RM2 billion to be
developed over a 10-year period
(comprising serviced apartments,
office tower and retail shops) with
target launch by the first half of
financial year 2018. Sunway has
the option to increase the stake
from 50% + 1 share to 70% + 1
THE EDGE FILE PHOTO
CPO prices are expected to stay in the
range of RM2,700 to RM2,800 per tonne.
Based on the Malaysian Palm Oil
Board (MPOB) reference price from
Jan 10 to Feb 9, 2017 of RM3,289 per
tonne, the CPO export duty is likely
to remain at 7.5% for the month of
March 2017.
CPO prices remained firm in
January 2017, standing at RM3,276
per tonne compared with Decem-
ber 2016s RM3,209 per tonne.
We expect to see good set of re-
sults from most plantation com-
panies in the upcoming reporting
season, riding on stronger CPO
prices and recovery of fresh fruit
bunch production in Indonesia.
For the fourth quarter, aver-
age CPO prices stood at RM2,952
per tonne (y-o-y: +36.7%, q-o-q:
+12.2%). Among the companies
under our coverage, we think that
Genting Plantations Bhd, Sime Dar-
by Bhd and TSH Resources Bhd
could potentially deliver earnings
surprises as they should benefit
The proposed land
acquisition will
increase the groups
total GDV by 5% to
RM32.5 billion.
share within an eight-year period.
After factoring in the subscrip-
tion of an equity stake of 50+1%
for RM500,000, shareholder ad-
vance of RM98 million (based on
an effective stake of 70%) and ad-
ditional funding of RM183 million
for an additional 20% stake, the
net present value (NPV) to pay
for the land cost is RM228 mil-
lion (for a 70% stake), our calcu-
lations point to an implied land
cost of RM886 per sq ft. With the
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
MAHB January passenger number
registers 8.9% growth year-on-year
Malaysia Airports Holdings Bhd In conjunction with seasonali-
(Feb 13, RM6.69) ty, we believe the growth is main-
Maintain outperform with an un- ly supported by Malaysia Airlines
changed target price of RM7.47: Bhds increased frequencies cou-
Malaysia Airports Holdings Bhds pled with Malindo Air and Lion
(MAHB) total January passenger Airs shift from klia2 to KLIA since
number (including Istanbul Sabiha March 2016.
Gokcen International Airport [IS- Meanwhile, klia2 traffic saw
GIA]) registered a growth of 8.9% a marginal decline of 0.7% y-o-y
year-on-year (y-o-y), and we deem (international: -0.9%, domestic:
as in line with our 6.3% target (6% -0.3%) due to passenger traffic
growth for Malaysian operations; moderating from Malindo Air and
7% growth for Turkey operations) Lion Airs shift in operations.
from both production recovery in as it was driven by its stronger ISGIAs passenger growth for
Indonesia as well as stronger CPO Malaysian operations which was January was down 4.4% y-o-y
prices. mainly due to the seasonal Chi- dragged by its international and
China demand for Malaysian nese New Year (CNY) holidays in domestic traffic, which were down
palm oil has been on a downtrend 2017 which fell on Jan 28 versus 8.4% and 2.3% y-o-y respectively.
since 2013. The palm oil exports Feb 8 last year. We note that international traf-
to China had fallen from the high In January, MAHBs passen- fic has been severely subdued due
of 4 million tonnes per year to 1.8 gers in Malaysia increased 13.3% to numerous terror attacks in Tur-
million tonnes per year in 2016, y-o-y. International and domestic key in 2016 further deterring
an average drop of 15% per year. passengers were up 14.1% and travellers.
China palm oil imports have not 12.5% respectively. The overall We believe travel sentiment on
grown over the last 6 years, mainly increase was mainly due to the the international front will contin-
due to the release of rapeseed oil CNY holidays which led to im- ue to remain weak from the travel
from its reserves and high CPO pric- proved average load factor of concerns in Turkey and we would
es, which softened buying interests. 73.4% (+2.7 percentage points), likely have to further reduce our
In contrast, Chinas import de- and 80% of airports in Malaysia 7% growth target for ISGIA in its
mand for soybean oilseeds has been recorded positive growth (+0.5% financial year 2017 (FY17) should
on the uptrend, an average annual to 51.6%). passenger count continue to dis-
growth of 10% since 2012. Never- The Kuala Lumpur International appoint by the end of first quarter
theless, our studies also showed Airport (KLIA) registered a growth of FY17.
that Malaysian palm oil has been of 38.4% y-o-y with international Post review of January traffic
losing market share to its Indone- and domestic passengers register- figures, we make no changes to
sian counterparts. ing positive growth rates of 31.9% our FY16 to FY17 earnings fore-
In 2011, Malaysian palm oil ac- and 64.1% respectively. casts. Kenanga Research, Feb 13
counted for 67% of Chinas total
palm oil imports. However, it has
drastically dropped to 42% last year. Malaysia Airports Holdings Bhd
The MPOB expects Malaysian
palm oil production to rise 12% to FYE DEC (RM MIL) 2015A 2016E 2017E
19.4 million tonnes this year from Turnover 3,871 3,862 4,114
17.3 million tonnes in 2016. Mean- Ebit 1,679 1,709 2,005
while, it also projects palm oil ex- PBT 42 128 455
port growth of 11.2% to 17.8 mil- Net profit (NP) -20 4 261
lion tonnes from 16 million tonnes
while inventories are expected to Core NP -56 4 261
rise from 1.67 million tonnes to 1.8 Consensus (CNP) na 85 204
million tonnes by year-end. Core EPS (sen) -3.4 0.3 15.8
For the CPO price performance, Core EPS growth (%) -125 -108 5956
it expects CPO prices to stay in the NDPS (sen) 8.5 8.5 9.4
range of RM2,700 to RM2,800 per BV/Share (RM) 4.75 4.66 4.73
tonne, supported by marginal Core PER (x) -195 2,526 42
growth in palm oil supply, higher
palm oil exports, weak ringgit and Net gearing (x) 0.6 0.7 0.6
firmer soybean oil prices. Pub- Dividend yield (%) 1.3 1.3 1.4
licInvest Research, Feb 13 Source: Kenanga Research
plot ratio of seven times and an Sunway Bhd
estimated GDV of RM2 billion,
cost of land accounts for about FYE DEC (RM MIL)
16% of total GDV, which is within Revenue
2015A 2016E 2017F 2018F
4,451 4,576 4,773 5,045
the 20% benchmark. Ebitda 803 809 891 966
We are positive about the land
Ebit 687 678 744 807
acquisition given its strategic lo-
cation, which is directly opposite PBT 930 805 873 929
the RM4 billion Sunway Velocity Patmi 733 531 582 628
development. We expect the pro- Core Patmi 592 531 582 628
posed development to have syn- Core EPS (sen) 29.3 26.4 28.9 31.2
ergies with the existing Sunway FD EPS (sen) 29.3 26.4 28.9 31.2
Velocity that comprises of Sunway Net DPS (sen) 48.0 12.0 12.0 12.0
Velocity Shopping mall, medical
Net DY (%) 15.3 3.8 3.8 3.8
centre and hotel.
The proposed land acquisition PER (x) 10.7 11.9 10.9 10.1
will increase the groups total GDV FD PER (x) 10.7 11.9 10.9 10.1
by 5% to RM32.5 billion, which will P/B (x) 1.0 1.1 1.0 1.0
sustain development period over Net gearing (%) 20.5 30.1 27.1 22.4
15 years. The NPV for the project ROE (%) 9.7 8.7 9.6 9.8
is estimated at RM83 million or ROA (%) 5.6 5.0 5.4 5.6
four sen per share. Hong Leong
Source: HLIB Research
Investment Research, Feb 13
 T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
14 B R O K E R S C A L L

MISC LNG and petroleum Westports

performance
driven by
shipping to remain soft trans-shipment
container growth
Westports Holdings Bhd
(Feb 13, RM4.12)
MISC Bhd MISC Bhd a reversal from five years of pre- Maintain hold call with a higher
(Feb 13, RM7.61) tax losses). fair value of RM4.54: We increase
Maintain hold with a higher tar- FYE DEC (RM MIL) 2016A 2017F 2018F 2019F The largest segment LNG our financial year 2017 (FY17) earn-
get price of RM 8.05: MISC Bhd Revenue 9,597 10,472 11,173 11,453
faltered as PBT in US dollar ings per share (EPS) forecast by 8%
logged a 25% decline in core earn- terms was 38% lower y-o-y, 3% but decrease our FY18 EPS fore-
ings in 2016 despite a stronger Ebitda 4,447 5,077 5,342 5,471 lower q-o-q. This contributed to cast by 2%, and introduce our FY19
US dollar to the ringgit, though Pre-tax profit 2,814 2,425 2,636 2,721 FY16 LNG PBT falling 22% y-o-y numbers.
headline profit was inflated by Net profit 2,582 2,373 2,584 2,669 in US dollar terms, a key drag on Westports FY16 core net profit
non-recurring gains. Net pft (pre ex.) 1,987 2,373 2,584 2,669 earnings as this segment made grew 26.2% year-on-year (y-o-y)
The outlook for its core lique- Net pft gth (pre-ex) (%) (24.9) 19.5 8.9 3.3 up 56% of total earnings. to RM637 million. This was above
fied natural gas (LNG) and pe- The rates outlook remains poor our expectation, making up 108%
EPS (sen) 57.8 53.2 57.9 59.8
troleum shipping segments is ex- as total LNG new-build deliveries of our full-year forecast, but within
pected to remain soft in 2017 as EPS pre ex. (sen) 44.5 53.2 57.9 59.8 are expected to peak in 2017 with consensus estimate at 103%. It de-
well, barring currency gains. The EPS gth pre ex (%) (25) 19 9 3 57 vessels, which will exceed de- clared a second interim dividend of
group is seeking inorganic growth Diluted EPS (sen) 57.8 53.2 57.9 59.8 mand even with the expected in- 6.7 sen per share, bringing its total
opportunities, especially in the Net DPS (sen) 30.0 35.0 35.0 35.0 crease in global LNG supply from dividend declared for FY16 to 14
offshore space, though a short- a new liquefaction plant. sen per share. This was consistent
BVPS (sen) 853 871 894 919
term rerating catalyst remains a Looking at other segments, off- with its dividend policy of a 75%
challenge. PER (X) 13.1 14.3 13.1 12.7 shore PBT was also 16% lower payout ratio.
MISC reported a headline PER pre ex. (X) 17.1 14.3 13.1 12.7 y-o-y on the reversal of the FPSO The positive performance was
profit of RM529.8 million for the P/Cash flow (X) 6.5 8.1 7.4 7.1 Cendor construction gains; while driven mainly by the strong growth
fourth quarter of financial year EV/Ebitda (X) 9.3 8.0 7.3 6.8 its heavy engineering barely broke in trans-shipment container vol-
2016 (4QFY16), which after strip- even (US$1 million) at the core ume in the container segment and
Net dividend yield (%) 3.9 4.6 4.6 4.6
ping out non-recurring items of PBT level as Malaysia Marine and liquid bulk in the conventional car-
RM20.2 million (net), led to core P/BV (X) 0.9 0.9 0.9 0.8 Heavy Engineering Holdings Bhd go segment, and boosted by posi-
earnings of RM509.7 million. This Net debt/Equity (X) 0.2 0.1 0.1 0.0 is facing a depleting heavy engi- tive reversions in container tariffs
brought full-year core earnings to ROAE (%) 7.0 6.2 6.6 6.6 neering order book. and lower fuel cost.
RM1.98 billion below our and Sources: AllianceDBS Research, company, Bloomberg Finance LP In its earnings call, MISC reit-
consensus expectations. Concur-
rently, the group also announced
erated intentions to pursue inor-
ganic growth in FY17, given flag-
Its Container
a dividend of 20 sen with ex-date the stronger US dollar. Tanker Index (BDTI), averaged ging fundamentals for core LNG Terminal 8 Phase 2
on Feb 24. Firmer petroleum earnings 36% higher q-o-q, though 9% low- and crude shipping businesses. expansion is expected
4QFY16 top line for all key
segments was lower except for
were driven by better average er y-o-y. The BDTI had hit a sea- Its net gearing of 0.16 times and
charter rates, as the group has sonal peak in early January 2017, cash pile of around RM6.5 billion
to be operational
petroleum, which was up 4% released some charter-in fleet (to- and has since weakened as at early gives it some leeway to pursue by mid-2017.
year-on-year (y-o-y) and 13% tal fleet was 77 from 81 in 3QFY16) February, and indications remain opportunities, of which the group
quarter-on-quarter (q-o-q) in to make way for deliveries of eight for a softer full-year average. FY16 is eyeing the offshore space given
US dollar terms. This support- new vessels over 2017 to 2018. petroleum profit before tax (PBT) that improving oil prices should
ed a 10% q-o-q improvement in The key indicator for crude was US$51 million, 63% lower than spur offshore capital expenditure. Westports container through-
revenue in ringgit terms, due to shipping rates, the Baltic Dirty the peak in 2015 (which recorded AllianceDBS Research, Feb 13 put grew 9.9% y-o-y to 9.95 million
20-foot equivalent units (TEUs) in
FY16. This was driven mainly by
trans-shipment container volume

Protons FSP stands to benefit from tax credits growth, which grew 12.7% y-o-y to
7.39 million TEUs, while gateway
container throughput grew 2.8%
y-o-y to 2.56 million TEUs.
DRB-Hicom Bhd sified as unrecognised. According can use the unutilised tax losses highlighted that there are three key In the fourth quarter of FY16
(Feb 13, RM1.33) to Protons financial statements, immediately upon registering pos- criteria on which Protons potential (4QFY16), trans-shipment con-
Maintain add call with an un- this was because the availability of itive net profit. FSP will be evaluated strategic, tainer volume grew 9.2% y-o-y to
changed target price of RM1.69: future taxable profits (for which the We view the unrecognised de- operational and cultural fit. To re- 1.89 million TEUs due to the high-
The Edge Malaysia weekly high- group can utilise the tax benefits) ferred tax assets as a long-term pos- cap, DRB-Hicoms management er frequency of ad hoc calls, while
lighted DRB-Hicom Bhds wholly is uncertain. itive for DRB-Hicom and Protons expects to complete the selection gateway container throughput grew
owned subsidiary Proton Holdings In other words, the auditors did FSP, as they stand to benefit from in the first half of 2017 (1H17), 8.2% y-o-y to 660,000 TEUs, main-
as an attractive acquisition target, not expect Proton to become prof- the tax credits if and when Proton in line with the target set by the ly due to the earlier Chinese New
given that it has unrecognised de- itable in the near term. Proton only returns to profitability. However, we government. Year festival. Overall, 4QFY16 con-
ferred tax assets of RM7.9 billion, recognised deferred tax assets of do not expect the tax credit benefits We maintain our add call on tainer traffic grew 9% y-o-y to 2.55
which makes the subsidiary an at- RM20.2 million in its latest 2016 to be realised in the near term, as DRB-Hicom with an unchanged million TEUs.
tractive acquisition target for for- financial statement. the FSP may not turn Proton profit- sum-of-parts-based target price Trans-shipment made up 74.3%
eign strategic partners (FSP) like The unrecognised deferred tax able immediately, given the various of RM1.69 (a 10% discount to re- of total throughput for FY16, a 1.9
Chinas Geely Automobile Hold- assets are divided into four com- operational challenges, competitive valued net assets valuation). Our percentage point increase from
ings and Frances PSA Group. It ponents RM3.4 billion for unu- landscape and sluggish demand add call is supported by the im- FY15.
also said that the massive tax cred- tilised tax losses, RM2.3 billion for that the company faces currently. minent FSP for Proton and better We s t p o r t s c o nv e nt i o na l
its benefits would give Proton a unabsorbed capital allowances, We believe that finding the right performance in DRB-Hicoms ser- throughput volume also recorded
long tax holiday once the company RM2.1 billion for unutilised re- FSP for Proton is still DRB-Hicoms vices division. Key downside risks strong growth in FY16, with total
returned to profitability. investment allowances and the main priority, as it seeks to move are the lack of FSP for Proton and throughput growing 15.3% y-o-y
We think it important to note remaining RM72 million for oth- forward with Protons recovery further deterioration in Protons to 11.8 million tonnes in FY16. This
that the deferred tax assets are clas- er temporary differences. Proton plan. DRB-Hicoms management earnings. CIMB Research, Feb 13 was driven mainly by liquid bulk, of
which volume jumped 37.8% y-o-y
DRB-Hicom Bhd to 4.92 million tonnes.
Westports expansion plan is
TARGET MKT CAP CORE P/E P/BV RECURRING ROE EV/EBITDA DIVIDEND YIELD well on track. Its Container Ter-
RECOM. PRICE PRICE (US$ MIL) (X) (X) (%) (X) (%) minal (CT8) Phase 2 expansion
COMPANY (RM) (RM) CY17 CY18 CY17 CY18 CY17 CY18 CY17 CY18 CY17 CY18 is expected to be operational by
Bermaz Auto Bhd Add 2.08 2.48 539 12.2 10.3 4.20 3.72 36.0 38.2 7.0 5.9 6.9 7.0 mid-2017, which will increase
DRB-Hicom Add 1.26 1.69 548 na 18.5 0.37 0.36 -1.6 2.0 0.4 0.3 0.9 1.3 Westports total capacity to 13.5
Tan Chong Motor Holdings Reduce 1.72 1.61 253 na 42.3 0.43 0.43 -1.1 1.0 10.2 8.4 4.7 4.7 million TEUs per annum. Concur-
rently, the CT9 Phase 1 expansion
UMW Holdings Add 5.48 5.10 1,441 na 15.7 1.93 1.83 4.7 12.0 13.0 8.6 3.6 3.6
is expected to be completed by
Sector average na 15.5 0.93 0.92 1.9 6.0 7.7 5.4 3.8 3.9 December 2017. AmInvestment
Sources: CIMB Research, company Bank, Feb 13
TU E SDAY F E BRUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
Nurul Izzah fails to
challenge redelineation
Court of Appeal has set aside leave obtained to initiate judicial review
PUTRAJAYA: Lembah Pantai mem-
ber of parliament Nurul Izzah Anwar
and 10 registered voters in the con-
stituency cannot challenge the local
inquiry process for the proposed re-
delineation of electoral boundaries
for parliamentary constituencies in
Kuala Lumpur, the Court of Appeal
has ruled.
As a result, the three-panel bench
of the court, led by Justice Datuk Umi
Kalthum Abdul Majid, set aside the
leave obtained by Nurul Izzah and
the 10 constituents to initiate a judi-
MH370 tragedy
has no eect on
tourist arrivals
in Malaysia
PORT DICKSON: The involve-
ment of Chinese nationals as
victims in the MH370 tragedy
and kidnapping cases, espe-
cially in Sabah, does not ham-
per tourists from China from
coming to Malaysia.
Malaysian Consul-General
in Kunming Datuk Siow Chen
Pin said this was reflected in
the arrival of 1.68 million tour-
ists from China to Malaysia in
2015, which saw an increase of
4% from that of 2014.
For January to October last
year, tourist arrivals from China
were 1.75 million, he added.
He said the MH370 tragedy
did affect tourist arrivals from
China, but only for some time,
and the number soared again
after that. Bernama
cial review to challenge the proposed
redelineation of electoral boundaries.
In setting aside the leave, the court
allowed the appeal brought by the
attorney-general (AG).
Justice Umi Kalthum, who pre-
sided with Justices Tan Sri Idrus Ha-
run and Datuk Hasnah Mohammed
Hashim, then set aside the order of
the High Court in granting the leave
to Nurul Izzah and her 10 constit-
uents.
With this ruling, the High Court
will not hear the merits of the judi-
Court orders Wan Azizah, two
others to pay RM70,000 to Felda
KUALA LUMPUR: The High Court
here has ordered PKR president
Datuk Seri Dr Wan Azizah Wan
Ismail and two others to pay
RM70,000 in damages to the Fed-
eral Land Development Authority
(Felda) and its subsidiary.
The defamation case pertained
to two articles published in 2010
in PKRs newspaper, Suara Kead-
ilan.
Deputy registrar Norfauzani
Mohd Nordin made the decision
in chambers yesterday, during the
damage assessment procedure.
The plaintiffs were represented
by lawyer Nor Emelia Mohd Isze-
ham, while Wan Azizah, Senator
Dr Syed Husin Ali and the writ-
er of the articles, Rusnizam Ma-
hat, were represented by counsel
Francis Pereira.
On Aug 16, 2010, Felda and
cial review application which was
scheduled for tomorrow.
Earlier, Justice Umi Kalthum dis-
missed a preliminary objection raised
by Nurul Izzah against the AGs ap-
peal. The panel then heard submis-
sions on the merits of the appeal.
Lawyer Datuk Malik Imtiaz Sar-
war represented Nurul Izzah Anwar
and the 10 constituents, while Sen-
ior Federal Counsel Datuk Amarjeet
Singh acted for the AG.
Nurul Izzah and the 10 registered
voters in the Lembah Pantai par-
The court also
ordered the
defendants to pay
8% interest from
the judgement date
until disposal of the
case yesterday.
Felda Global Ventures Holdings
Sdn Bhd filed an RM200 million
defamation suit in respect of two
news reports published by Suara
Keadilan on June 22 and 29, 2010.
The plaintiffs alleged that an
article with the heading Felda
Bankrap and another, Bina Ban-
gunan RM662 juta Hanya Libat-
liamentary constituency filed the
judicial review application on Nov
11 last year to challenge the local
inquiry process for the proposed re-
delineation of electoral boundaries
for parliamentary constituencies
in Kuala Lumpur by the Election
Commission.
On Jan 3, they obtained the leave
from the High Court to commence
the judicial review, and the AG, dis-
satisfied with the decision, filed an
appeal in the Court of Appeal.
Bernama
kan Tiga Individu, accompanied
by a photograph captioned Kon-
troversi, had tarnished their im-
age.
On Sept 30, 2014, Suara Kead-
ilan former editor Dzulkarnain
Taib, who was initially named as
one of the defendants, tendered
an apology to the plaintiffs.
He stated that the articles were
erroneous and published by Su-
ara Keadilan to intentionally be-
little the plaintiffs and damage
their reputation.
On Oct 17, 2014, the High
Court ruled in favour of Felda
and its subsidiary.
Nor Emelia said when met by
reporters that the court also or-
dered the defendants to pay 8%
interest from the judgement date
until disposal of the case yester-
day. Bernama
5.98
H O M E 15
Test for
radioactivity
exposure,
residents advised
KLANG: Residents of the Seri
Era Apartment, Jalan Naga Sari,
Shah Alam near here, have
been advised to go for health
checks following the discovery
of two radioactive canisters at
the premises on Saturday.
South Klang district police
chief ACP Alzafny Ahmad said
the reason being that the can-
isters, which are part of the
components of a radioactive
scanning device, were found
with the seal open.
He said gamma rays from
the canisters, if exposed to the
public, could cause various
health problems.
The Atomic Energy Licens-
ing Board (AELB) said the can-
isters had a gamma ray capacity
of up to 300 milisieverts per
hour which is dangerous to the
human body, which is capable
of receiving only 20 milisieverts
of gamma rays a year, he said.
As such, he advised resi-
dents of the apartment, espe-
cially those who had been near
the Rukun Tetangga Room be-
tween 4am last Thursday and
6pm on Saturday, to contact
AELB at (03) 8922 588 or 1-800-
88-799 for advice, he told a me-
dia conference here yesterday.
Also present was AELB di-
rector Hasmadi Hassan.
Among the symptoms suf-
fered by those who are exposed
to gamma rays are dizziness,
nausea and vomiting.
In an incident last Thursday,
two radioactive scanners were
reportedly stolen from a car.
A special team was set up to
investigate the matter and this
led to the arrest of eight people
in Klang and Shah Alam.
According to Alzafny, the
team made a breakthrough last
Friday when it found sever-
al pieces of the scanners at a
scrap metal shop in Kampung
Jawa here and arrested three
suspects. Bernama
128.98

16 FO CU S
Sabana REIT fight rolls on
Dissident unitholders have requisitioned EGM to boot out the manager, and perhaps sell the REITs assets
STORI ES BY GOOLA WARDEN
I
t appears that efforts by Sabana Shariah
Compliant Industrial Real Estate Invest-
ment Trusts manager to rebut growing
criticism from investors and head off a
potentially ugly showdown have failed.
What happens next is likely to be closely
watched by investors in other independent
property trusts that are not garnering good
valuations in the market.
Over the last few weeks, several small
unitholders of Sabana REIT have been or-
ganising a revolt. In essence, their aim is to
replace the manager of the REIT, whom they
blame for the REITs poor performance. On
Feb 2, amid a buzz in the market about the
action they were about to take, Sabana REITs
manager and its sponsor, Vibrant Group, an-
nounced a strategic review. But the manager
and sponsor provided little detail on exactly
what the review would achieve.
The scope of the strategic review includes
the current shareholding structure and man-
agement of the Manager, as well as Sabana
REITs strategic direction and business. The
Sponsor and the Manager are considering all
options to further the sustainable growth of
Sabana REIT and the interest of its unithold-
ers, the announcement said. When asked by
The Edge Singapore what the review would
cost unitholders, Sabana REITs manager
replied: We will not be commenting on the
details of the review before it is complete.
On Feb 6, the dissident minority unitholders
delivered a form to requisition an extraordi-
nary general meeting. The requisition for EGM
was signed by 66 unitholders holding a total of
only 0.6% of Sabana REITs outstanding units.
A minimum of 50 unitholders are needed to
requisition an EGM. On Feb 7, Sabana REITs
manager announced the requisition for EGM.
It also said it was seeking legal advice to assess
the validity of the requisition request and to
look into the statements made therein.
The resolutions listed in the requisition
form include voting out the current man-
ager and finding a new management team,
which may run the REIT internally. If the
resolution to vote out the current manager
is not passed, the requisitioning unithold-
ers want to put forward resolutions to divest
the REITs properties and return the cash to
unitholders.
To be clear, the dissident minority inves-
tors are not accusing the manager or sponsor
of Sabana REIT of breaching any rules. This
is about a REIT Manager collecting high fees
Should independent REITs have an internalised manager?
BESIDES wanting to boot out their manag-
er, some disgruntled unitholders of Sabana
Shariah Compliant Industrial Real Estate
Investment Trust are also mooting the pos-
sibility of the new manager being internal-
ised. At the moment, there is only one locally
listed property trust with an internalised
manager Croesus Retail Trust (CRT). By
contrast, most property trusts in developed
markets have internalised managers.
Interestingly, the internalisation of CRTs
manager, which was announced in June
last year, met with some opposition. The
main objection was that the manager was
valued at S$50 million, which was more
than 14 times its earnings. There were also
gripes that the shareholders of the manag-
while annual distribution dropped by 47%
since IPO, they said in an emailed letter to
the Monetary Authority of Singapore (MAS)
and Singapore Exchange dated Feb 3. This is
about a group of handsomely paid REIT pro-
fessionals, operating within the legal frame-
work, practising widely acceptable measures,
acting within codified requirements, making
non-criminal decisions that [caused] huge fi-
nancial loss to tens of thousands of unithold-
ers in a listed REIT.
Sabana REIT was listed in 2010 at an IPO
price of S$1.05, with 15 industrial proper-
ties valued at S$851 million. Of these, five
properties were injected by Vibrant Group
under a sale-and-leaseback arrangement
for a term of five years on a triple-net basis.
As the master leases started to expire in late
2013, the REIT faced the challenge of man-
aging multiple tenants and was saddled with
maintenance costs and property taxes. This
weighed on Sabana REITs distributions per
unit (DPUs) in the years that followed.
Things seemed to come to a head late last
year. In December, Sabana REIT unveiled a
42-for-100 rights issue of 310.7 million new
units at 25.8 Singapore cents each. The rights
price was a 48.9% discount to its price of 50.5
Singapore cents on Dec 19 and a 40.3% dis-
count to the theoretical ex-rights price of 43.2
Singapore cents. The exercise raised some
S$80.2 million in proceeds. The same month,
Sabana REIT said it would acquire three
more properties costing S$77 million. None
of the three properties will be immediately
yield-accretive, despite two of them being
purchased with income-support packages.
One of the three properties 47 Changi
South Avenue 2 is being purchased from
Vibrant Group. The property is being acquired
by the REIT for a total of S$25.3 million. This
includes the valuation of S$23 million done by
Savills and Knight Frank, a stamp duty of 3%
and the acquisition fee of 1% to the manager.
Vibrant Group will lease back 74% of gross
floor area for 10 years. In those 10 years, the
total rent paid to Sabana REIT will be S$17.1
million, the REIT manager says.
In a separate announcement on Dec 15,
Vibrant Group announced that it was divest-
ing the Changi property and would reap a
gain of S$9.06 million. The company has yet
to receive JTCs approval for the transfer of
ownership. The transaction also requires
the approval of unitholders of Sabana REIT.
Vibrant Group, which owns 12% of Sabana
REIT, will not be allowed to vote as it is an
interested party.
er chairman Jim Chang and managing
director Jeremy Yong did not have sig-
nificant stakes in CRT.
In order to pacify irate unitholders, the
duo pledged to acquire S$16 million worth of
units as part of the internalisation exercise.
They have already accumulated the units,
and are now committed to a moratorium
on disposing of the units until June 2018.
They are subsequently allowed to divest
50% of these units. The moratorium on the
remaining 50% lasts until 2020. With this
undertaking, the internalisation proposal
was passed with 66% voting in favour.
The monies to internalise the manager
were partially funded by a preferential eq-
uity offering, which raised S$22.1 million.
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
TUE
S
B
T
p
T
m
Declining DPU warned that Sabana REITs properties might i
The valuation at which sponsors inject assets not fetch their full value if they are hurried- p
into their REITs as well as the valuation at ly liquidated. t
which properties are acquired in sale-and- As far as investors are concerned, however, b
leaseback deals has been a matter of conten- units in Sabana REIT are already trading at f
tion for years. And, incomesupport packages a substantial discount to the book value of a
that provide a temporary boost to the yield its assets. As at Dec 31, the REIT had a net o
on newly acquired properties often muddy asset value of 74 Singapore cents per unit. d
the water and make it harder for investors to Taking into account the rights issue which m
analyse the impact of acquisitions. was completed on Jan 20 the REITs NAV
In the case of Sabana REIT, the revenue has since been diluted to 60 Singapore cents h
from its initial portfolio simply proved to beper unit. i
unsustainable. The unitholders of Sabana The way the investors see it, potential s
REIT who supported the EGM requisition losses from the sale of the REITs properties t
note in the letter to MAS and SGX that the versus their book value could well reflect the t
REITs DPU has dropped from 9.38 Singa- REIT having acquired assets at too high a p
pore cents in 2013 to 5.01 Singapore cents in price. You [should not have bought] three a
2016. During this period, however, fees paid more properties at a substantially higher c
to Sabana REITs manager remained largely price using acceptable desktop valuation t
intact. Unitholders paid fees of S$8.51 million
methods, [supported] artificially by rental
in 2013, S$9.68 million in 2014, S$9.29 million
support, they say in their rebuttal to warn-
in 2015 and an estimated S$8.33 million in ings from Sabana REITs manager about
2016, they point out. liquidating its assets.
The manager of Sabana REIT has since
reminded the disgruntled investors that the
Meanwhile, some investors have voiced
concerns that booting out the manager could
H
risks of non-renewal and termination of these leave the REIT rudderless. Sabana REITs p
master leases and its potential adverse im-
pact on gross revenue, property expenses
manager has also pointed out that some of its
loans have change-of-control covenants. The s
and distribution were clearly disclosed in thedissident investors are refusing to be cowed,
prospectus at the IPO. The minorities are notthough. In their letter to MAS and SGX, they F
letting Sabana REITs manager off the hook, point out that the rules mandate that there c
though. We believe that the basis of a com- must always be a manager in charge of the d
petent manager is to anticipate the expiry of REIT, and that the regulator and the REITs a
master leases and ameliorate such negative trustee are bound to ensure this happens. r
effects, they say in a rebuttal to the managers If the Manager is removed, it will be re- n
statement. Sabana REITs occupancy rate as quired to serve out the remaining contract t
at Dec 31 was 87.2%, one of the lowest among signed with the Trustee until a new Manager t
the independent industrial REITs. is installed. The Code of Collective Invest-
Sabana REITs recent deeply discounted ment Schemes requires that at all times, there s
rights issue and property acquisitions also must be a Manager in Charge, says the letter e
do not appear to be going down well with the to MAS and SGX. MAS and HSBC Trustee n
investors. The recent purchases made by the oversee this transition process. s
Manager are not yield-accretive and they lower This would be a test case for MAS and f
the DPU yield by almost 10%, the unitholders trustees of local property trusts, as the re- a
say in the letter to MAS and SGX. moval of a REIT manager by disgruntled t
Separately, Chinese property tycoon Tong investors appears to be unprecedented in r
Jinquan, who owns substantial stakes in a Singapore. The unitholders are also well t
number of REITs, did not take up his rights aware that they are not qualified to take m
entitlement. That resulted in his stake in Sa-over the management of a REIT with some
bana REIT being diluted from 8.8% to 6.17%. S$1,022 million in assets. R
Nevertheless, with the deeply discounted price, Florian Leber, an attorney at Luther LLP, c
the rights issue had a subscription rate of 209%.
which works with local law firm INC Law LLC, t
says the trustee of a REIT has a key role in n
Crunch time safeguarding the rights and interests of the w
With the dissident investors having formally unitholders and will act in accordance with c
made their intentions known, Sabana REITs the trust deed. In the absence of any pro- t
manager has highlighted some of the risks visions in the trust deed, it seems a logical p
of their plan. In particular, the manager has CON T I N U ES N EX T PAGE t
o
f
t
v
u
CRT issued 27.9 million new units on a 10- tions are not yield-accretive. On the other m
for-259 basis, priced at 79.7 Singapore cents hand, detractors of the model say that it Th
each. The trust also had a bond offering to does not suit big property development p
raise S$18 million. The remaining monies groups, such as CapitaLand and Mapletree t
were from internal resources. Since the Investments, whose REITs are well run and g
internalisation was announced, units in hold some of the best assets in the market. a
CRT have climbed almost 11%. However, The situation at Sabana REIT is not really l
CRT is still trading at a relatively high yield comparable to CRT, though. The overriding C
of 8.1%, based on its 2016 distribution per objective of the dissident unitholders of t
unit of 7.06 Singapore cents. Sabana REIT is to get rid of the manager. s
Proponents of the internalised manag- They are also proposing to liquidate the
er model say it aligns the interests of the trust. They have no intention of paying to u
manager more closely with those of inves- acquire the existing manager. Internali- u
tors than the external manager model. For sation with this team and paying for it like n
instance, an external manager might be CRTs unitholders is [akin to] slapping our m
inclined to pursue acquisitions in order to own face, says Jerry Low, one of the dis- t
earn additional fees, even if those acquisi- gruntled investors. The Edge Singapore m
E
 T U E SDAY F E B RUA RY 14, 2017 T HEED G E FINA NCIA L DA I LY
Saizen REIT offers blueprint to solve Sabana REITs problems
BY GOOL A WA RD E N
THE manager of Sabana Shariah Com-
pliant Industrial Real Estate Investment
Trust has warned that a liquidation exercise
may not yield the full value of its underly-
ght ing assets. Winding-up of the REIT in the
ed- present market conditions and the sale of
the REITs assets in a liquidation will likely
ver, be on a forced-sale basis. In the event of a
g at forced sale, where the properties are sold at
e of a substantial discount to fair values to pay
net off the defaulted loans as part of the liqui-
nit. dation process, more losses to unitholders
ich may occur, Sabana REITs manager says.
AV Yet, at least one other troubled REIT that
nts has gone through the process of liquidating
its underlying assets managed to deliver
tial substantial upside to its investors. In fact,
ies that particular REIT considered some of
the the options that Sabana REIT recently pro-
ha posed, before eventually biting the bullet
ree and selling its assets. And, its experience
her could provide a blueprint for Sabana REIT
on to solve its problems.
ntal
rn-
out
ced
uld
How investors
Ts propose to rally the
f its
The support they need?
ed,
hey F RO M P RE V I O U S PAG E
ere conclusion that the REIT trustee can be
the directed by the unitholders to search for
Ts and replace the REIT manager after its
ns. removal, since the REIT trustee would
re- not by itself be in a position to manage
act the REITs affairs, he says in response
ger to questions from The Edge Singapore.
est- Alternatively, it seems to be a rea-
ere sonable assumption that the unithold-
tter ers can come up with a suggestion for a
tee new manager on their own or implement
some kind of procedure or committee
nd for performing the task of searching for
re- a new manager. Ultimately, it would be
led the REIT trustee that, after exercising
in reasonable care, would have to effect
well the appointment of the replacement
ake manager, he adds.
me Leber, who is a unitholder of Sabana
REIT but has yet to study the trust deed
LP, closely, goes on to say that the liquida-
LC, tion of the REIT is also a possibility. If
in no replacement manager can be found,
the we would assume that the unitholders
with could ultimately ask for a termination of
ro- the REIT and a return of the liquidation
cal proceeds to the unitholders to resolve
AG E the situation.
Whatever the case, if the unitholders
of Sabana REIT muster enough support
for any of their resolutions at the EGM
they have requisitioned, it would pro-
vide a precedent for investors in other
underperforming REITs to hold their
r managers to account in a similar way.
t The big question now is how they pro-
t pose to rally the support they need. At
e the moment, Vibrant Group is the sin-
d gle-largest unitholder of Sabana REIT,
t. and will likely vote against the reso-
y lutions at the EGM. Besides Tong the
g Chinese tycoon, there does not appear
f to be any other party with a substantial
r. stake in the REIT.
e In fact, more than half of its 12,636
o unitholders own not more than 10,000
- units each, according to the FY2015 an-
e nual report. Only 36 unitholders have
r more than one million units. Among
- them is Metro Holdings, which held 8.6
e million units as at Feb 25, 2016. The
Edge Singapore
The REIT in question is Saizen Real Estate
Investment Trust, which owned Japanese
residential properties. In 2013, unitholders of
Saizen REIT requested a strategic review. This
was carried out and completed in June 2014.
After the strategic review, the board decided
that focus would be placed on the companys
capital structure, in particular, its cash man-
agement and levels of leverage, says Joey Goh,
CEO of Saizen REITs manager. Among other
things, the manager looked into the possibili-
ty of the REITs taking on additional debt and
acquiring yield-accretive properties.
However, Saizen REIT still did not really
garner much interest from investors. Then, in
September 2015, its manager appointed Credit
Suisse and NorthEast Capital Management
GK as financial advisers for some proposals
it had received. On Oct 23, 2015, Saizen RE-
ITs manager announced that it had received
a firm offer from Lone Star to acquire all the
REITs properties at a price that was 3% above
its reported net asset value.
The day the announcement was made also
happened to be the day Saizen REIT held its an-
Frasers Tower expects to see strong leasing activity
BY M I C HAE L LI M
ON Feb 7, listed property group Frasers Cen-
trepoint announced that 30% of office space
in its 38-storey Frasers Tower has been pre-
leased, or received leasing proposals. The
first tenant to sign on was serviced office
provider The Executive Centre, which will
be taking up 20,000 sq ft or an entire floor
within the building. There will also be an el-
ement of coworking within the space, says
Loh Chee Wah, Frasers Centrepoints head
of commercial for Singapore.
Interest in the office space at Frasers
Tower has come from a broad spectrum of
companies, ranging from conglomerates to
financial institutions, media groups, legal and
professional services and tech firms. Frasers
Centrepoint itself will be taking up one floor
for its city office, while its corporate head-
quarters will remain at Alexandra Point.
Frasers Tower, located at the corner
of Cecil Street and Telok Ayer Street, is
scheduled for completion in 2Q2018. The
235m-high tower will contain 663,000 sq ft
of net lettable office space. Adjacent to the
office tower is a three-storey retail podium
with 22,000 sq ft of space.
The office tower has average floor plates
of 20,000 to 22,000 sq ft, and can accom-
modate up to 300 people per floor. As the
floor plates are regular in shape, they can
be sub-divided into smaller units of 4,000
to 5,000 sq ft each. This allows tenants the
flexibility to customise their space more ef-
ficiently, Loh explains.
Rents to bottom out by mid-2017
The closest new office tower to Frasers Tower
is Guoco Tower at Tanjong Pagar Centre. A
38-storey Grade-A tower with a net lettable
area of 900,526 sq ft, Guoco Tower is 90%
leased, according to Chris Archibold, JLL
head of markets Singapore.
Over at Marina One, a giant mixed-use
scheme by M+S, a joint venture (JV) between
Malaysias Khazanah Nasional and Singa-
pores Temasek Holdings, about 60% of the
1.88 million sq ft of Grade-A office space
has been pre-leased ahead of its comple-
tion later this year.
With the good take-up rates at these pro-
jects, the timing for the launch of Frasers
Tower is perfect from a supply standpoint,
says Moray Armstrong, CBRE managing di-
rector for advisory and transaction services.
nual general meeting for the financial year ended
June 30, 2015. While unitholders were curious
about the terms of the deal, we unfortunately
could not divulge much at that point in time.
Overall, unitholders appeared to be open-mind-
ed about the transaction, Goh recalls.
Indeed, the market also took the news of
the asset sale well. Saizen REITs unit price
closed at 92.5 Singapore cents on Oct 23, 2015,
up from the previous days close of 85.5 Sin-
gapore cents. Subsequently, the unit price
rose to a high of approximately S$1.110 dur-
ing the period leading up to the completion
of the disposal, Goh says.
On March 1, 2016 the REIT held an ex-
traordinary general meeting, at which more
than 92% of unitholders voted for divesting
the assets and returning the cash to them. By
March 4, the sale was completed. On March
28, Saizen REIT paid unitholders a special
distribution of S$1.056 per unit. It distributed
an additional 7.5 Singapore cents per unit in
September last year.
Now, Saizen REITs manager is in negoti-
ations with Sime Darby Property Singapore
Low (beside a model of Frasers Tower): We will likely take up one oor [for use] as a city oce. Our main oce
will remain where it is at Alexandra Point. Photo by Samuel Isaac Chua/The Edge Singapore
Frasers Centrepoints Low reckons the
Grade-A office space market will bottom
out towards mid-2017, with rents expected
to recover in 2H2017. We are, therefore,
in a situation where were completing the
building in a strengthening market, he says.
Flight to eciency
For the whole of 2016, the net take-up rate
for office space island-wide was about 1.15
million sq ft, indicating strong demand,
Armstrong notes.
JLLs Archibold reckons if the take-up rate
for office space in 2017 mirrors that of 2016,
he foresees the bulk of the remaining office
space at Marina One and Frasers Tower be-
ing taken up by the end of this year.
Over the past 12 to 18 months, many of the
leasing deals in Guoco Tower and Marina One
were made by companies moving from the
older buildings in the CBD, adds Archibold.
He reckons Frasers Tower will see the same
kind of movement, with a flight to efficiency
rather than flight to quality. JLL and CBRE are
the joint marketing agents for Frasers Tower.
What is interesting is that owing to com-
petition for tenants, the gap between new
and older Grade-A office space has narrowed
over the same time frame. JLL says month-
ly rental rates of new prime Grade-A office
FO CU S 17
on the latters injection of some A$355 mil-
lion (RM1.21 billion) worth of industrial
properties in Australia into the REIT in a
reverse takeover (RTO) deal of sorts. In the
meantime, the REIT still has some cash that
it has yet to distribute.
We kept some cash for operations and
have earmarked 2.37 Singapore cents [per
unit] for distribution, Goh says. This means
that unitholders will get a final distribution of
2.37 Singapore cents if Sime Darbys RTO is
completed. The Singapore Exchange has al-
ready approved the RTO. Saizen REIT is due
to set a date for an EGM for its unitholders
to vote on the deal. This will be done before
the long-stop date of March 31.
Goh says the injection of new assets
into Saizen REIT will create an additional
value of 3.6 Singapore cents per unit for
existing unitholders. We want to ensure
that unitholders get back their liquidation
value and the issue price of the new units
represents additional value of the listed
platform for unitholders, he adds. The
Edge Singapore
space, currently in the range of S$8 to S$10
psf. Meanwhile, older Grade-A office build-
ings are seeing monthly rental rates of S$7
to S$9 psf.
Next wave of new supply after 2020
The next wave of new office supply will only
come after 2020. There are three new projects
in the pipeline. One of them is the redevel-
opment of the CPF Building in 79 Robinson
Road into a new Grade-A office tower with
500,000 sq ft of space by Ascendas-Singbridge
Group, in a JV with Mitsui & Co and real es-
tate developer Tokyo Tatemono Co.
CapitaLand Commercial Trust announced
last October that it has submitted plans to
redevelop the Golden Shoe Car Park into a
commercial development with a 280m-high
office tower and a government-owned food
centre. The new project could have a gross
floor area (GFA) of about one million sq ft,
and is expected to be completed in 2021.
In November, Malaysias IOI Properties
Group submitted the highest bid of S$2.67
billion (S$1,689 psf per plot ratio) for a 99-
year leasehold whitep site at Central Boule-
vard. The 1.1ha site has a maximum GFA of
1.52 million sq ft, with at least 1.08 million
sq ft designated for office use. The Edge
Singapore

18 H O M E
Pahang MBs lawsuit against
Utusan to go to trial
Five-man bench reinstates the case, orders it sent back to Kuala Lumpur High Court
PUTRAJAYA: Pahang Menteri Be-
sar (MB) Datuk Seri Adnan Yaakob
will have his day in court over a
defamation lawsuit against Utu-
san Melayu (M) Bhd.
A five-man bench led by Chief
Judge of Malaya Tan Sri Zulkefli
Ahmad Makinudin reinstated the
lawsuit and ordered the case to
be sent back to the Kuala Lumpur
High Court for trial.
The matter was struck out by
the Court of Appeal on March 1
last year after it ruled that public
officials could not sue the media
for defamation in their official ca-
pacity.
Justice Zulkefli said evidence had
yet to be established in the High
Court on whether the lawsuit was
Guan Eng:
Resignation of four
leaders a gift to BN
KUALA LUMPUR: The unexpected
resignation of Kota Melaka mem-
ber of parliament Sim Tong Him
and three Melaka assemblymen
Goh Leong San for Duyong, Lim
Jak Wong for Bachang and Chin
Choong Seong for Kesidang from
DAP has given Barisan Nasional
(BN) a gift for the next general elec-
tion, the partys secretary-general
Lim Guan Eng said yesterday.
I admit my mistake in trusting
that Sim Tong Him and his faction
leaders would remain loyal to DAP
and DAPs campaign to save Malay-
sia, despite their differences with
the DAP Central Executive Com-
mittee (CEC), Guan Eng said in a
press statement.
He said that the resignation of
the four elected representatives
was unexpected because Sim had
been hand-picked by DAP leader
Lim Kit Siang to stand in the 1986
general election, and again saved
by Kit Siang from expulsion from
DAP after Sim stood as an inde-
pendent in the 2013 general elec-
tion against the DAP candidate
in the Kota Laksamana state seat.
In Melaka, Bernama reported
that Jak Wong and Chin submitted
their resignation notices to Melaka
State Legislative Assembly Speak-
er Datuk Othman Mohamad at
10.30am yesterday. The two leaders
handed their letters personally to
Melaka State Assembly Secretary
Mohd Yusof Abu Bakar at 10.30am.
After receiving the official let-
ters, the secretary will arrange
their new seating in the DUN
(state legislative assembly), they
wont be in the same spot with
DAP representatives, Othman
told reporters at his office at Kom-
pleks Seri Negeri here yesterday.
Bernama
brought by Adnan in his personal
or official capacity.
We want justice for both sides.
You have your day in court, he said.
Presiding with him were Federal
Court Justices Tan Sri Ahmad Maar-
op, Tan Sri Hasan Lah, Datuk Aziah
Ali and Tan Sri Jeffrey Tan Kok Wha.
Justice Zulkefli allowed Adnans
appeal to reverse the decision of the
appellate court on March 1 last year,
in striking out his civil suit against
the publisher of the Malay newspa-
per and set Feb 22 for case manage-
ment in the High Court.
However, the court panel did not
decide whether the English case law
principle, Derbyshire County Coun-
cil v The Times Newspapers Ltd &
Others (1993), applied to this case.
No plan to release Wolbachia-
infected mosquitoes nationwide
IPOH: The health ministry has no
plans to release mosquitoes infect-
ed with the Wolbachia microor-
ganism in dengue-affected areas
nationwide, says its minister Datuk
Seri Dr S Subramaniam.
He said the pilot project cur-
rently implemented in Selangor
in Section 7, Shah Alam and AU2,
Keramat was still in the trial peri-
od. The experiment was aimed at
understanding the behaviour of
the disease-spreading mosquito
species and whether that could re-
duce dengue cases in the country.
This is because we are doing it
on a trial basis until the end of next
month in the two areas in Selangor
before following up on the results.
The case law states that local au-
thorities cannot institute libel action
in their official capacity.
We are not saying the Derbyshire
County Council principle does not
apply to this case, he said, adding
that the issue would be decided in
other cases, as well.
Adnan sued Utusan Melayu over
the publication of an article in Min-
gguan Malaysia under the headline,
Hebat Sangatkah Adnan on Nov
9, 2014.
In the suit filed in 2014, Adnan
said Utusan had tarnished his rep-
utation as a national leader and
politician through an article.
The appellate court had allowed
Utusan Melayus appeal to overturn
the High Courts dismissal of the
Once we know its effectiveness
and challenges, only then will we
be able to arrive at a decision on
whether it is useful to release it in
all areas, he told reporters after
visiting the Klinik Kesihatan Bun-
tong here yesterday.
Subramaniam said it would be
continued if it were found to be
effective in controlling dengue fe-
ver, especially in areas where the
disease was recorded.
The minister said the dengue
epidemic was predicted to increase
around July or August this year.
He said Selangor recorded the
highest number of dengue fever
cases at 7,355 cases, including 12
deaths during the Jan 1 to Feb 2 peri-
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
publishers application to strike out
the lawsuit.
In the appeal proceeding yester-
day, Zulkefli asked whether it was
proper at this stage for the court to
decide on the matter since the case
was struck out and evidence had
yet to be established by the court.
Lawyer Datuk M Reza Hassan,
acting for Utusan Melayu submitted
that Adnan did not have the legal
standing to bring the suit against
his client as, based on the Adnans
pleadings, it was obvious he filed
his action in his capacity as men-
teri besar.
Adnans lawyer, Americk Sidhu
said it was premature to hear the
appeal since no evidence had been
established. Bernama
od, followed by Johor at 2,379 cases.
The deployment of the Wol-
bachia microorganism was intro-
duced in January last year by the
Institute for Medical Research, in
collaboration with Lancaster Uni-
versity, UK.
Last year, a Bernama report
quoted health director-general
Datuk Seri Dr Noor Hisham Ab-
dullah as saying that injecting the
Wolbachia microorganism into the
Aedes Aegypti mosquito eggs could
prevent the spread of the dengue
virus among humans.
He had said the eggs did not
carry the dengue virus and thus,
prevented the spread of dengue.
Bernama
TOOLS OF
AN ILLEGAL
TRADE ...
Bukit Aman Commercial
Crime Investigation
Department director
Datuk Acryl Sani
Abdullah Sani (second
from left) and Singapore
Police Commercial
Aairs Department
director David Chew
(left) examining the
items that were seized
from an African Scam
group during a press
conference in Kuala
Lumpur yesterday.
Photo by Bernama
IN BRIEF
Perak BN begins to pick
GE14 candidates
IPOH: Perak Barisan Nasional
(BN) has begun identifying the
names of potential candidates
for the 14th general election
(GE14), said Perak Menteri Be-
sar Datuk Seri Dr Zambry Abd
Kadir. Zambry, who is also Per-
ak BN chairman, said the selec-
tion of candidates was divided
into two groups perform-
ing candidates and new candi-
dates. We are and will contin-
ue to evaluate the performance
of elected representatives on
whether to retain them or oth-
erwise as well as identifying
potential candidates including
from component parties such
as MCA, MIC and Gerakan and
others. Bernama
Eight policemen injured in
boat explosion in Manjung
IPOH: Eight policemen were
injured when a marine police
boat exploded at the Marine
Jetty in Kampung Acheh near
Manjung, about 100km from
here yesterday. Acting Perak
police chief Datuk Hasnan Has-
san said the incident occurred
about 9.30am while the police-
men, who were with the Gen-
eral Operations Force in Ulu
Kinta, were undergoing routine
training. The explosion was
caused by a faulty boat engine
and there is no other explo-
sive involved in the incident,
he said in a statement here.
He said the injured policemen
were sent to Seri Manjung Hos-
pital for treatment and were
reported to be in stable con-
dition. Bernama
Public sector governance
can use MPH formula
KUALA LUMPUR: The princi-
ples of meritocracy, pragma-
tism and honesty (MPH) have
been used in many countries to
sustain success in public sector
governance. Professor Kishore
Mahbubani of the Lee Kuan Yew
School of Public Policy said the
principles could be emulated in
the effort to achieve econom-
ic development goals. In the
MPH formula for meritocracy,
the quality of peoples mind-
set in the public sector must
be good. For pragmatism, best
practices from all over the world
can be copied, such as what Ja-
pan did in the 1860s and China
in the 1980s. Honesty is needed
totally for the public sector to
succeed, he said at the Malay-
sian Economic Association Fo-
rum here yesterday. Bernama
MMEA scours waters o
Sabah for ve victims
KOTA KINABALU: Search and
rescue (SAR) teams scouring
the waters off Sabah for five
more victims of a boat cap-
size tragedy in the waters off
Sabah have drawn a blank as
the operation entered its 17th
day. Sabah Malaysian Maritime
Enforcement Agency (MMEA)
director First Admiral Mohd
Zubil Mat Som said the ongo-
ing SAR operation covered a
300 square nautical mile sec-
tor. Bernama
TU E SDAY F E BRUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
Things might be OK if
Trump borrows from Abe
If he adopts Japanese PMs blueprint, the US will be in better shape than many of Trumps critics fear
BY N OA H SMI TH
I
have occasionally been ac-
cused of metaphorically hug-
ging Japanese Prime Minister
(PM) Shinzo Abe, but so far I
have never had the chance to
do so in literal terms. Not so
US President Donald Trump, who
gave the Japanese leader a broth-
erly hug at a meeting at the White
House last Friday. But I hope that in
addition to hugging the man, Trump
embraces Abes approach to govern-
ing. In the past four years, Abe has
created a template for a responsi-
ble, positive modern nationalism.
When Abe was elected at the end
of September 2012, many on the Jap-
anese left and in the foreign press
denounced him as a dangerous right-
wing nationalist. His grandfather No-
busuke Kishi served in the militarist
Japanese government during World
War II. He has worked to loosen the
countrys post-war restrictions on its
military, and his appointees have in-
cluded Nanjing Massacre denialists.
For these reasons, the Abe is Hitler
memes flew fast and furious in his
administrations early days.
But actually, Abe has governed
as anything but the right-wing re-
vanchist many feared. Though his
policies have clearly been aimed at
strengthening Japan and boosting
national pride, those policies have
The art of European integration
BY SERGEI GU RI EV
THE past year has been full of wa-
tershed developments. Aside from
Donald Trumps victory in the US
presidential election, some of the
European Unions (EU) weaknesses
were fully revealed, with the UKs
vote to leave casting the bloc in a
particularly harsh light. But Brexit
does not have to spell the EUs de-
mise. Instead, it can serve as a wake-
up call, spurring action to address
the EUs problems.
Some European leaders are at-
tempting to heed that call, by urging
EU member states to complete the
Union. Without the UK, they argue,
it will be easier to advance integra-
tion, as the remaining members
are somewhat less heterogeneous,
and therefore more likely to agree
on steps that Britain might have
opposed.
One such step and a constant
focus of attention since the euro
crisis began is a banking union.
been responsible, smart, far-sighted
and even liberal. If Trump adopts
Abes blueprint, the US will be in
better shape than the presidents
many critics fear.
First, Abe has shown that na-
tionalism doesnt mean keeping
out immigrants it means viewing
them as vital recruits whose contri-
butions increase national strength.
Since 2012, Japan has had a points-
based immigration system similar to
the one used by Canada, aiming to
lure the worlds best and brightest.
And under Abe, the government is
taking even more steps to make it
easy for skilled professionals to be-
come permanent residents in Japan.
The countrys universities are also
allowing more foreign students. As a
result of these and other initiatives,
the total number of foreign workers
in Japan including guest workers
and permanent residents has
gone up since Abe took power.
Trump has talked about imple-
menting a points-based immigration
system, so hopefully he will follow
Abes lead. He should also focus on
luring foreign students, as Japan has
done, to save US universities and the
local economies that depend on them.
Abe has also worked hard to in-
crease womens participation in the
economy. As a nationalist, the prime
minister realises that if women are
able to work and raise families at the
same time, the country gets stronger
as a result. His womenomics pro-
gramme, much derided by the Jap-
While substantial progress has al-
ready been made on this front, Eu-
ropean banking integration is far
from complete. Unfinished busi-
ness includes a deposit-insurance
scheme, as well as the creation of
a senior tranche of safe sovereign
assets, or eurozone-wide risk-free
securities.
Another potential step, moti-
vated by the profound asymmetry
of eurozone countries econom-
ic performance during the crisis,
would be a joint unemployment-in-
surance scheme, whereby cyclical
unemployment benefits would be
financed from the EU budget. Fi-
nally, the refugee crisis has led to
a discussion of a joint scheme for
enforcing the EUs external borders,
allocating asylum seekers among its
member countries, and financing
their integration.
All of these and many other
ideas have been discussed at length,
and have even been elaborated to
the point that actionable agendas
have emerged. Yet little progress has
been made. The UK, it turns out, is
far from the only source of political
anese left and much of the foreign
press, seems to be producing results.
Japanese women are now more likely
to hold jobs than their counterparts
in the US. Abe has pushed for a major
expansion of government-funded day
care and increased parental leave
two areas where the US is a laggard.
Under him the Japanese bureaucracy
has introduced flex-time work sched-
ules. Abe has also deployed powerful
rhetoric to advocate womens equal-
ity in the workplace, and has urged
men to share more childcare duties.
Its too soon to know the ultimate
results of Abes push. But not only
resistance to deeper integration.
Of course, who opposes integra-
tion depends on the specific pro-
posal, all of which are likely to ben-
efit some EU members more than
others. In some cases, a proposal
might result in greater long-term
gains for all, but carry significant
upfront costs for particular coun-
tries. At a time when some major
EU member countries are set to
hold national elections, and when
anti-establishment politicians are
deposing moderate parties, many
national leaders are unwilling to
risk their political capital to push
through such reforms.
But what if the reforms were
made more appealing? Breaking
down political resistance may be
as simple as packaging proposals
together. The proposals with great-
er benefits for some could be com-
bined with and counterbalanced
by those with greater benefits for
others, and the short-term costs of
one policy could be offset by the
shorter-term gains of another.
Consider efforts to address the
refugee crisis. Once it became clear
are Japanese women working more,
theyre also having slightly more chil-
dren. If the trend continues, it will
help reduce the burden of the coun-
trys ageing population a problem Trump sticks to Abes playbook,
the US now shares with its Asian ally.
If Trump, like Abe, were to push for
paid parental leave and childcare
subsidies, the US might be able to
repeat this success.
Finally, Abes tone and rhetoric
have promoted a responsible, toler-
ant form of nationalism. After Abes
election, many racist elements in Ja-
pan felt emboldened, perhaps hoping
that the resurgence of nationalism
that some countries, particularly in
Central Europe, were unwilling to
accept EU-imposed quotas for re-
settlement, it was proposed that asy-
lum seekers be permitted to choose
where they want to settle. The EU
budget would cover the costs, poten-
tially using newly issued safe bonds.
But this idea could also run up
against resistance, not least because
the countries that would attract the
most refugees are those that already
have stronger economies, and there-
fore need EU funding the least. The
solution would be to introduce an-
other measure, producing transfers
in the opposite direction, in tandem
with the refugee policy.
The best candidate for this role
may well be the joint unemploy-
ment-insurance scheme. Countries
that are undesirable to refugees,
owing to high cyclical unemploy-
ment, would benefit dispropor-
tionately from such a policy, es-
pecially in the short term. The
expectation that those transfers
would eventually be offset by ref-
ugee-resettlement funds may be
just what is needed to get low-un-
COMMENT 19
would dovetail with their agenda. An
anti-Korean group called Zaitokukai
held marches denouncing Japans Ko-
rean residents, and online trolls un-
leashed a torrent of hate speech remi-
niscent of the so-called alt-right in the
US. But instead of looking the other
way, Abe denounced these groups
and their divisive rhetoric. He formed
a study group to consider stronger
laws against hate speech. And under
Abe, Japans police have stepped up
monitoring of hate groups.
This is another area where Trump
should borrow from Abe, and rec-
ognise that a strong nation is an in-
clusive nation. As in Japan, some
US hate groups have taken the rise
of nationalism as a signal to step up
hateful rhetoric and harassment of
minorities. Trump should denounce
and discourage these groups, and
shouldnt turn a blind eye to the threat
of white supremacist terrorism.
Just as fears of Abe turned out
to be overblown, fears of Trumps
nationalism may turn out to be
exaggerated. That can happen if
and pushes for a nationalism that is
confident, pragmatic, inclusive and
forward-looking. The more Trump
looks like Abe, the less worried we
should be. Bloomberg
This column does not necessarily
reflect the opinion of the editori-
al board or Bloomberg LP and its
owners.
employment countries on board.
To be sure, on the refugee issue,
in particular, there may be added
complications. Social resistance
to immigration in a country like
Germany, fuelled by terrorist at-
tacks and populist political rhet-
oric, could undermine the appeal
of such a programme. But, in that
case, the specific policy package
could be adjusted.
Packaging reforms to make them
more palatable may sound like Busi-
ness 101. But this is not just about
quotidian deal-making. Rather, it
is about completing and thus
protecting the EU, by building a
more sustainable set of institutions.
If the EU is to remain a beacon of
openness and liberal democracy, it
must forge ahead with integration.
If it is to make headway, its leaders
will have to ensure that all mem-
bers benefit equally along the way.
Project Syndicate
Sergei Guriev is chief economist at
the European Bank for Reconstruc-
tion and Development.

20 W O R L D B U S I N E S S
France calls on Germany
to hike investment spending
Sapin brushes aside US criticism of Europes biggest economys trade surplus
BERLIN: French Economy Min-
ister Michel Sapin has dismissed
a US attack on Germanys trade
surplus but urged Europes big-
gest economy to boost its spend-
ing on investment.
In an interview trailed by the
financial daily Handelsblatt for its
edition yesterday, Sapin brushed
aside US criticism that Germany
exploited an undervalued euro
to fuel its exports.
The attack very obviously is
meaningless, said Sapin.
Oil prices dip as markets stay
bloated despite Opec cuts
BY HEN N I NG GLOYSTEIN
SINGAPORE: Oil prices dipped
yesterday on signs that global fuel
markets remained bloated despite
Opec-led crude production cuts
that have been more successful
than most initially expected.
Brent crude futures were trading
at US$56.62 (RM251.39) per barrel
at 0707 GMT, down eight US cents
from their previous close.
West Texas Intermediate crude
futures were down 13 US cents at
US$53.73 a barrel.
Opec and other producers in-
cluding Russia have agreed to cut
output by almost 1.8 million bar-
rels per day during the first half of
2017 in a bid to rein in a global fuel
supply overhang.
There was scepticism that pro-
ducers would make the promised
cuts, but compliance with the an-
UK consumer spending growth
slows to five-month low Visa
BY DAVI D MI L L I KEN
LONDON: British households kept
a tighter grip on their credit cards
last month as spending grew at
one of the slowest annual rates of
the past three years, data from Visa
showed yesterday, adding to signs
that consumer spending is starting
to lose momentum.
Robust consumer spending
helped Britains economy to out-
pace its peers last year, even after
Junes Brexit vote, but most econ-
omists think rising inflation as a
result of sterlings hefty slide will
eat into growth in 2017.
Consumer spending, adjusted
for inflation, rose just 0.4% on the
year in January, down sharply from
2.5% in December and aside
from August, shortly after the Brexit
vote the weakest annual growth
But, he added, Germany could
be more ambitious in investment
spending.
We think that this would be in
the interests both of Germans and
the eurozone, said Sapin, who
also holds the finance portfolio.
Sapins words add to external
pressure and to an internal debate
in Germany about the countrys
trade surplus, which has repeat-
edly broken records since the
2008-2009 financial crisis.
Last Thursday, the federal sta-
nounced reductions is now esti-
mated around 90%.
Traders will be keenly await-
ing the release today (yesterday) of
Opecs monthly report. If production
cuts are coming through as suggest-
ed, we should see oil prices push
higher, ANZ bank said yesterday.
While traders said that crude was
well supported in the lower to mid-
US$50s per barrel due to the curbs,
they pointed to a host of reasons
preventing prices from rising further
unless production is cut deeper or
for a longer period.
In the US, rising drilling activ-
ity is pushing up production and
undermining Opecs efforts to re-
duce output.
Drillers added eight oil rigs in
the week to last Friday, bringing
the total US count to 591, the most
since October 2015, Baker Hughes
said last Friday. Reuters
rate in over three years, Visa said.
Following a bumper Christ-
mas season, there were signs that
consumers were starting to rein in
their spending at the start of the
New Year, Visa managing director
Kevin Jenkins said.
The British Retail Consortium
reported last week that spending
in the November-January festive
period grew by the smallest amount
since the depths of the financial
crisis, while the Confederation of
British Industry said its January
retail gauge fell by the most since
records began in 1983.
On the month, however, Visa
said consumer spending was up by
0.5% after a 2.5% dip in December
broadly matching the picture
which economists expect from nar-
rower official retail sales data due
on Friday. Reuters
tistics office Destatis said Germa-
ny exported 253 billion (RM1.2
trillion) more than it imported
in 2016. Exports added 1.2% to
top 1.2 trillion, while imports
climbed 0.6% to 955 billion.
The European Commission and
the International Monetary Fund
are among those that have called
on Germany to boost internal con-
sumption, which would spur slug-
gish growth in the European Union.
But Germanys policy, driven
by the conservative finance min-
An iPhone on display at an Apple reseller store kiosk in Mumbai on Jan 12. Selling
refurbished models, such as the iPhone 5S, would make Apple handsets aordable to
more people. Photo by Reuters
Apple sows seeds for
India iPhone awakening
BY RO BY N M AK
HONG KONG: Apple is planting
the seeds for Indias iPhone awak-
ening. The US$695 billion (RM3.09
trillion) company is nearing a deal
to assemble its iconic phone in
Karnataka, a southwestern state
in one of the worlds fastest grow-
ing handset markets. That would
help lower retail prices and boost
potential sales at a time when the
Cupertino-based firm is losing its
footing elsewhere in Asia.
Indias smartphone market
will expand at an average rate
of 18% annually until 2020, esti-
mates data tracker International
Data Corp (IDC). To compare,
shipment volumes in China grew
by half that rate last year and con-
sumers there are switching to lo-
cal brands. IDC reckons Apples
market share in the Peoples Re-
public dropped to 9.6% in 2016,
from over 13% the previous year.
The challenge in India is to in-
crease the size of the addressable
market. Premium phones over
US$500 account for less than 2%
of smartphones. Apple dominates
this segment and sold 2.5 million
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
ister, Wolfgang Schaeuble, is to
give priority to debt reduction,
followed by tax cuts in the mid-
term if Chancellor Angela Merkel
is re-elected in September.
The Social Democratic Party,
the minority party in the gov-
erning coalition, has promised
to stimulate infrastructure in-
vestment.
Germanys major partners, in-
cluding the US and France, run
big deficits in bilateral trade with
Berlin. AFP
units in India last year, according
to Counterpoint Research. That is
impressive considering an iPhone
retails for more in India than in the
US because of high import taxes
and a lack of carrier subsidies.
Assembling handsets locally
will help keep a tighter lid on costs.
In return for agreeing to Make in
India, and helping Prime Minister
Narendra Modi create jobs, Apple
may hope New Delhi will relax
rules that currently prevent it from
importing old phones.
Selling refurbished models,
such as the iPhone 5S, would make
Apple handsets affordable to more
people. The hope is these early
customers will eventually upgrade
to the latest models as incomes
rise. It would also allow Apple to
compete with local and Chinese
rivals like Oppo and Huawei.
In the meantime, Apple is
close to opening a store in the
country. So even if the company
cant significantly lower prices or
expand its market, a more visi-
ble presence will help ensure
the brand is one people aspire to
own. That is key to Apples future
in India. Reuters
IN BRIEF
Infosys CEO says media
talk of governance issues
distracting
MUMBAI: Infosys chief execu-
tive officer (CEO) Vishal Sikka
said talk in the media of con-
cerns over corporate govern-
ance at the software services
firm was distracting and that
he had good relations with the
firms founders. Indias No 2 in-
formation technology services
company has been locked in an
escalating public war of words
with its founders and former
executives, who have accused
its board of lapses in corporate
governance. Infosys founders
have questioned the pay of Sik-
ka and severance payouts given
to others. According to local
media reports, the founders
have also questioned the ap-
pointment of an independent
director. Reuters
China steel capacity
actually rose in 2016 after
closures Greenpeace
SHANGHAI: Chinese steel ca-
pacity in operation actually rose
in 2016 after a high-profile clo-
sure programme concentrated
on shutting idled plants, envi-
ronment group Greenpeace said
yesterday. China said early last
year it would shut as much as 150
million tonnes of annual crude
steel capacity over the next five
years to tackle a supply glut that
had encouraged a surge in cheap
exports, exposing the nation to
anti-dumping complaints. In re-
search conducted with Custeel,
a consultancy affiliated with the
China Iron and Steel Association,
Greenpeace estimated that Chi-
nas operating capacity saw a net
increase of 36.5 million tonnes
in 2016. Reuters
Global revenue spread
gives stability Fidessa
BENGALURU: British trad-
ing software provider Fidessa
Group plc said its internation-
al revenue spread provided
stability amid uncertainty fol-
lowing Britains vote to leave
the European Union and the
US election. Fidessa reported
a 25% rise in it full-year prof-
it to 48.8 million (RM271.6
million) for the year ended
Dec 31. The company said
64% of its total revenue was
generated outside Europe,
while 73% of the revenue was
denominated in foreign cur-
rencies, with the majority be-
ing the US dollar. Reuters
Ipsen to buy ve products
from Sano for 83m
PARIS: Drug maker Ipsen has
agreed to buy five consumer
healthcare products from bigger
French rival Sanofi for 83 mil-
lion (RM393 million), in a deal
which Ipsen said should boost
its profits. The sale arose as part
of a requirement from the Eu-
ropean Commission to sell off
certain assets from an earlier
deal between Sanofi and Ger-
man drug maker Boehringer In-
gelheim. The acquisition would
be fully financed from existing
cash reserves and lines of credit,
the company added. Reuters
TU E SDAY F E BRUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
Japan logged
1% growth in
2016 on exports,
capital spending
TOKYO: Japans economy ex-
panded 1.0% in 2016 as a bump
in exports and capital invest-
ment offset weak spending at
home, data showed yester-
day, although it was unlikely
to erase concerns about Tokyos
faltering war on deflation.
The gross domestic prod-
uct (GDP) data showed four
consecutive quarters of growth
the longest expansion since
2013 but the annual figure
was lower than the 1.2% growth
registered in 2015, according to
the Cabinet Office.
Government spending
measures and a drop in the yen
were key growth drivers, even
as Japanese consumers kept a
tight lid on spending.
Japan GDP
Annual growth, %
4.2
2.0
1.5
0.3
1.2
1.0
-0.1
2010 2011 2012 2013 2014 2015 2016
Source : Cabinet Office
This is really an export-driven
recovery were talking about, said
Izumi Devalier, chief economist
at Merrill Lynch Japan Securities.
Private consumption has
been pretty weak still, and unless
we get private consumption fired
up, its hard to see growth accel-
erating very strongly from here.
Japans once-booming econ-
omy has suffered from years of
deflation, which can discourage
spending by consumers as they
postpone purchases until prices
drop further or just save their
money, creating further pres-
sure on businesses.
Doubts have been growing
over Japanese leader Shinzo
Abes Abenomics a mix of
massive monetary easing, gov-
ernment spending and red-tape
slashing with growth still frag-
ile and inflation well below tar-
get. AFP
Aussie banks hit back at Apple over mobile payment dispute
BY EMI LY CA DMA N
SYDNEY: A consortium of Austral-
ias biggest banks has abandoned
its attempt to negotiate as a bloc
with Apple Inc over the cost of
using its mobile payment system,
narrowing its claim to focus solely
on access to a key piece of iPhone
technology.
In their final submission to the
competition regulator, the banks
hit back at earlier claims by Apple
that the dispute was fundamen-
Samsung chief being
questioned again
Lee: I will once again tell the truth to the special prosecution
BY SE YOUNG L E E & J U -M I N PARK
SEOUL: Samsung Group leader
Jay Y Lee appeared at the South
Korean special prosecutors office
for questioning yesterday as part of
a wider investigation into an influ-
ence-peddling scandal that could
topple President Park Geun-hye.
The special prosecutor has fo-
cused on South Koreas biggest
conglomerate, accusing Lee in
his capacity as Samsung chief of
pledging 43 billion won (RM166.22
million) to a business and organisa-
tions backed by Parks friend, Choi
Toshiba prepares to unveil nuclear
hole, other perils threaten
BY MAKIKO YAMAZAKI & TARO FUSE
TOKYO: Toshiba Corp will today detail
a write-down of close to US$6 billion
(RM26.64 billion) after bruising cost
overruns at its US nuclear arm, turn-
ing investor attention to the Japanese
groups efforts to fix that and other
balance sheet headaches.
The TVs-to-construction conglom-
erate warned of a potential multi-
billion-dollar nuclear write-down
in December, a year after a US$1.3
billion accounting scandal.
Sources familiar with the matter
say the final charge, to be detailed
alongside quarterly earnings, will be
as high as 700 billion (RM27.31 bil-
lion), a sum which alone would wipe
out the companys shareholder equity.
Toshiba, which has seen its market
value almost halve since the prospect
of a write-down emerged in Decem-
ber, is also expected to outline the
prospects for its nuclear arm and
update investors on efforts to raise
capital, including through the sale
of a stake in its flagship memory chip
business.
The question for Toshiba is how
is it going to move forward, said Ma-
tally an attempt to delay or even
block the expansion of Apple Pay
into Australia. Apples conspiracy
theories are fantasy, the banks is the worldwide leader in mobile
said in an accompanying emailed
statement yesterday.
The banks Commonwealth
Bank of Australia, National Austral-
ia Bank Ltd, Westpac Banking Corp
and Bendigo & Adelaide Bank Ltd
are seeking permission from the
regulator to negotiate together to
boost their bargaining power with
the US tech giant. Having invested
Soon-sil, in exchange for support
for a 2015 merger of two Samsung
companies.
The funding included sponsor-
ship for the equestrian career of
Chois daughter, who is under arrest
in Denmark after being sought by
South Korean authorities.
Park, Lee, Choi, and Samsung
Group have all denied bribery ac-
cusations.
Proving illicit dealings be-
tween Park or her confidantes
and Samsung Group is critical for
the special prosecutors case that
ultimately targets Park, analysts
Filepic of Toshibas headquarters in Tokyo. Toshibas 190,000 workers, employed at
some 500 units, likely will make it too big to fail. Photo by Reuters
sahiko Ishino, analyst at Tokai Tokyo
Research Center.
He added Toshiba would need to
show how it could stay competitive
in the cash-generating but capital-in-
tensive memory chip industry, given
its battered balance sheet.
Toshiba has offered a 19.9% stake
of its prize chip business to investment
funds and rivals including Bain Capi-
tal, SK Hynix and Micron Technology.
Last Thursday, a source said that
Toshiba had received bids of between
in their own payment technology,
they fear being sidelined as mobile
wallets gain in popularity. Apple
in-store payments, although in the
US it has been facing increasing
competition.
By dropping their bid to nego-
tiate together on fees and focusing
solely on technological access, the
banks are seeking to put the regula-
tors focus onto Apples restrictions
and tip the decision their way. In a
draft ruling in December, the Aus-
W O R L D B U S I N E S S 21
have said.
Park was impeached by par-
liament in December and South
Koreas Constitutional Court will
decide whether to uphold that de-
cision. She has been stripped of her
powers in the meantime.
I will once again tell the truth to
the special prosecution, Samsung
Groups third-generation leader
told reporters before entering an
elevator, after arriving at the pros-
ecution office in southern Seoul
early yesterday, flanked by Sam-
sung Group officials and his law-
yer. Reuters
200 billion to 400 billion for the flash
memory stake, a range that could cov-
er the 300 billion the company wants
to raise. It prefers multiple investors.
Toshiba is a pillar of Japans busi-
ness establishment. Born in the tu-
mult of Japans emergence from
centuries of isolation, it made Ja-
pans first light bulb and was a pio-
neer in laptop computers. Toshibas
190,000 workers, employed at some
500 units, likely will make it too big
to fail. Reuters
tralian Competition & Consumer
Commission (ACCC) refused per-
mission for the banks to negotiate
collectively, but said the decision
was finely balanced.
In their filing with the ACCC, the
banks said they all pledged to partic-
ipate in the roll-out of Apple Pay in
Australia in return for being grant-
ed access to the iPhones near-field
communications antenna the
technology that makes payments
on contactless readers possible.
Bloomberg
IN BRIEF
Trade stops in yuan-
Singapore dollar after
daily xing mix-up
SHANGHAI: Currency dealers
refrained from trading the Chi-
nese yuan against the Singapore
dollar yesterday morning due to
an incorrect midpoint fix before
the market opened. The Peo-
ples Bank of China (PBoC) later
adjusted the midpoint, but as
of midday there had been no
trades in the two currencies on
Chinas interbank market. The
yuans midpoint was initially set
at 4.9929 per Singapore dollar, far
weaker than last Fridays closing
rate of 4.8418. The PBoC later
amended the daily midpoint
on the official foreign exchange
trading platform website, reset-
ting it at 4.8391. The PBoC fixes
a midpoint based on levels rates
submitted by some banks, but
suspicions arose at yesterdays
fixing that some banks submit-
ted incorrect rates. Reuters
Brain drain at S Koreas
pension fund accelerates
SEOUL: The investment arm
of South Koreas National Pen-
sion Service (NPS), the worlds
third-largest pension fund, has
seen a sharp rise in the num-
ber of staff resigning since it an-
nounced plans to move to a city
200km from Seoul by the end of
this month. Some 27 fund man-
agers including the heads of over-
seas alternative asset investment
and overseas stock investment
have left or tendered their resig-
nations so far this year, a source
with direct knowledge of the mat-
ter told Reuters yesterday. The
decision to move to Jeonju
with a population of 660,000 and
three hours by rail and bus from
Seoul was announced in 2013
as part of an effort to decentralise
government functions and boost
regional development. Reuters
Vietnam posted US$1.15b
trade surplus in January
HANOI: Vietnam posted a
trade surplus of US$1.15 billion
(RM5.11 billion) in January, the
government said on Sunday, up
from a US$881 million surplus
in the same month a year earlier.
Exports rose 5.7% to US$14.34
billion compared with the same
period last year, while imports
edged up 3.9% to US$13.19 bil-
lion, the government website
cited data from customs depart-
ment as showing. China, South
Korea and the US are Vietnams
biggest trading partners so far
this year. Vietnam, the worlds
top robusta producer, exported
140,300 tonnes of coffee in Jan-
uary, down 20.5% from a year
earlier. But the value of coffee
exports rose 3.5% annually to
US$316.8 million, customs data
showed. Reuters
Ansell shares fall 6% on
at prot and rising costs
SYDNEY: Australian rubber
products maker Ansell Ltd said
yesterday that rising raw material
costs and foreign exchange fluc-
tuations kept half-year profit flat,
sending shares to a six-month
low at A$20.75 (RM70.79), fall-
ing 6%. Reuters
 T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
22
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int
and
wo
for
the
WORK. LIFE. BALANCE
Th
No
int
bet
yea
ter.
par
ove

the
scr
cap
To
and
ho
01 har
wit

THE GOOD, THE BAD

CELEBRATE the magic of love with musicto- jus
night as Eewen Teoh and Grace Cho take you ahe
down memory lane with English, Chinese and ly d
Malay classic songs such as Getaran Jiwa, All dis
You Need is Love and Just Like Your Tender-
ness. Show time starts at 9pm. To catch the is f

AND THE UGLY

performance, head over to Theatre Lounge
Caf,B1-3A Plaza Damas 3, 63 Jalan Sri Har-
tamas 1, Kuala Lumpur. Tickets are priced at
RM55. Visit www.theatreloungecafe.comto
book your tickets.
Niagara Falls offers awe-inspiring Horseshoe Falls, where 90%
of the Niagara River roars past.
spectacular views but The best views are from the Canadian
side, and if you dont fancy getting too
dont think of it as just a close to the edge, there are spectacular
panoramas from the Skylon Tower, the
magnet for newly-weds Skywheel Canadas largest observa-
tion wheel and Goat Island, which
splits the river in two. On the American
BY TI M P I LE side, Niagara Falls State Park the old-
est in the country offers hiking trails,
G
legendary landmark. Sub-zero temperatures
cause a partial freezing of the famous falls and
h
lights that usually reflect raging torrents of
BY
water cast a fairy-tale glow on the ice. Several
people have survived plunging over the edge,
Wh
but no one had ever gone in the opposite di-
rection until January 2015, when Canadian Ch
ice climbers Will Gadd and Sarah Hueniken nor
scaled a frozen section of Horseshoe Falls as for
chunks of ice plummeted past their heads. the
Gravity and a sturdy barrel is the tradi- fere

POETRY has long been a medium for ex-
pressing emotions, especially feelings of love.
There will be a reading tonight at Jack It! Vol.
6 Valentines Day Special, featuring Jack Malik,
Zim & Kasih, Ashikin M and Arisha Rozaidee.
It is also an open mic event, so if you have
something to share, there are slots available
with registration at the door. Registration
starts at 8pm and show time starts at 9pm.
The reading will be at Minut Init Art Social,
29A & B, Jalan SS21/37, Uptown Damansara
Utama, Petaling Jaya. Admission is free.
I
guau Falls, in Argentina, may be
the largest waterfall system in the
world and Angel Falls, in Venezuela,
the highest, but when it comes to
attracting crowds, nowhere beats
Niagara. Each year, 12 million tour-
ists, many of them honeymooners, peer
through the spray as the equivalent of
an Olympic size swimming pool of wa-
ter tumbles over the edge every second.
Historians believe the word Niagara
derives from the Indian Onguiaahra,
meaning the strait, although the more
evocative Thunder of Waters is used more
frequently these days.
The good
There are three sets of falls straddling
the frontier between the US and Canada:
Bridal Veil Falls, American Falls and the
picnic tables, a theatre and recreation tional warm weather way of making a name a sh
programmes. Get a feel for both sides of for yourself in these parts. Sixteen people have Spl
the border by walking across Rainbow risked life and limb by going over the falls, tur
Bridge (and dont forget your passport). CON T I N UES N EX T PAGE by
Once only the most fearless of dare- nex
devils crossed the falls by tightrope. Now
its possible for tourists to skim above the M
falls at speeds of up to 60km per hour on a 01. Niagara Falls in winter. and
zip line. A more conventional but no less and
exhilarating sightseeing option is a ride 02. Tourists gliding by the zip line over to h
aboard the Maid of the Mist. Theres some Niagara Falls. tiqu
debate about the best place to stand as the ah
iconic boat nears the vast curtain of water, 03. The Canadian and US sides of the falls are tre
but unless they stay inside the cabin, pas- quite dierent the former manicured,
sengers will be thoroughly drenched as the latter unkempt, according to one An
the fine mist becomes a ferocious spray. recent traveller. The
Dont expect much protection from the roo
complimentary plastic poncho its more 04. The town on the Canadian side of the falls tuc
useful for wrapping around your camera. is safe, but very commercialised. sta
A winter visit reveals another side to the and
tur
end
wh
and

roo
WHO says only couples get to have all the on
fun on Valentines Day? Embrace your sin- roo
glehood and head out to Singles Night at ligh
DR.Inc to mingle and dance the night away aw
tonight. Before the real party starts,satiate in w
your appetite with a delicious buet dinner, req
then give your dancing shoes a run for your the
money when DJ Blondie hits the decks all the por
way until 1am. DR.Inc is at 8, Jalan Kemuja, ter
Kuala Lumpur. Entry inclusive of dinner is Ch
priced at RM90 per person.Call (011) 2368
2537 for more details. Wh
02 03 Th
 T U E SDAY F E B RUA RY 14, 2017 T HEED G E FINA NCIA L DA I LY

WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE

live it! 23
POST

F ROM P RE V I O U S PAGE it is far more commercialised. Despite

with 11 surviving the ordeal. Two men have
completed the feat twice and are still alive to
tell the tale. In 1960, a seven-year-old boy fell
into the swirling water, slipped over the lip
and was fished out at the bottom, none the
worse for wear. The fine for unlawfully per-
forming or attempting to perform a stunt in
the park is currently US$10,000 (RM44,400)
payable if you survive, of course.
The bad
Not everyone who leaps into the misty abyss
intends to survive. Its estimated there are
between 20 and 25 suicides at the falls each
year. Expert daredevils dont fare much bet-
ter. In 1995, a man fell to his death when his
parachute failed to open as he rode a jet ski
over the edge.
When celebrities first began visiting at
the beginning of the 19th century, the de-
scription of Niagara Falls as the honeymoon
capital of the world may have been justified.
Today, however, competing destinations
and cheap international air travel mean the
hospitality industry is having to work ever
harder to entice newly-weds. A hotel room
with a heart-shaped waterbed and Jacuzzi
just doesnt cut it. Perhaps Oscar Wilde was
ahead of his time when, in 1882, he reputed-
ly described Niagara Falls as the first great
disappointment in married life.
Nowadays, a sense of disappointment
is felt by regular tourists as well as honey-
04
mooners. See the falls; skip the city is a
recurring online theme. The beauty spot
is surrounded by brash Las Vegas-style
attractions including haunted houses,
Ripleys Believe It or Not! and no fewer
than three waxwork museums. Its fair
to say the 42-floor Fallsview Casino isnt
universally loved either. Instead of ce-
menting its place as a win-win addition
to the Ontario skyline, there have been
complaints about loan sharking, prosti-
tution and fraud-related issues and much
discussion about the casinos contribution
to the community.
Visitors to Niagara Falls are often sur-
prised at how different the twin cities
are and not just in terms of the scenic
views. The Canadian side boasts safe, well-
lit public areas, manicured gardens and
a better choice of hotel rooms, although
the green spaces of the state park, the
American side has a reputation for mob
activity and violent crime dating back to
the Prohibition era. In 2016, the Federal
Bureau of Investigation ranked Niagara
Falls as the most dangerous city in New
York state and 44th in the country.
Car parking scams leave tourists out of
pocket and there are boarded-up build-
ings and litter-strewn streets within a
block or two of the falls. Publisher Lonely
Planet describes the New York side as a
bit derelict and, under the heading Dirty
run down town, a Tripadvisor contribu-
tor writes: There was trash everywhere
... very unkept (sic) looking town. I felt
unsafe; I wont be returning.
The ugly
In a city with an economy so depend-
ent on tourism, attacks on visitors grab
headlines. On Christmas night 2015, a
Japanese tourist asked a local man for di-
rections to Rainbow Bridge so she could
walk into Canada. Instead, she was led
into the state park, where she was robbed
and sexually abused.
At the beginning of this month, the
Tokyo resident returned to Niagara
County Court to hear the jury return a
guilty verdict. Her assailant could face
up to 15 years in prison. South China
Morning Post

Glitz and glamour in the

PHOTOS BY SOUTH CHINA MORNING POST

res
nd
heart of Changsha
of
ral BY ED PETERS a buffet that covers pretty much all the
ge, Chinese and international bases, served
di- What is it? on a deck overlooking the lake. The egg
an Changsha lies some 650km more or less due and noodle stations in particular deserve
ken north of Hong Kong, and the Meixi Lake Hotel a round of applause. Lunch and dinner are
as forms part of a newly developed area west of also served here, but for Cantonese and
s. the city. The hotel is one of a brace of cham- particularly fiery Hunanese fare, its Tao
di- fered steel-and-glass 52-storey towers tailed by Hua Yuans (The Peach Garden) elaborate
me a shopping centre modestly dubbed the Mall of private dining rooms that pull in the citys
ave Splendours. More enticingly, an arts and cul- VIPs. The Tea Room lives up to its name,
lls, ture centre designed with roller-coaster roofs with its mahjong tables proving as popular 01
AG E by the late Zaha Hadid is under construction as its brews.
next to the property, and is due to open in June. For fine wine and equally fine steaks, the
The hotels interiors might be described as answer is Chic & Twist On 5 try saying that
Maohaus, with numerous Chinese paintings with your mouth full. In the Lobby Lounge,
and objets dart enlivening the lofty lobby pencil-thin, qipao-garbed demoiselles dis-
and other public areas. The architects claim pense cocktails such as the Mandarin Sidecar
to have been inspired by a poem of some an- (garnished with a Hunan chilli) while a grand
tiquity depicting a fisherman who discovers piano tinkles merrily away by itself.
a hidden paradise behind a grove of peach
trees, and draw the obvious parallel. Anything else we should know?
Both the fitness centre and the heated in-
And the rooms? door pool grant views of the up-and-upping
There are just seven suites and 303 regular cultural centre while the spas 14 treatment
rooms. The bathrooms, rather than being rooms provide the sort of respite that might
tucked away, run parallel to the bedrooms, be expected the reflexologists are especially
starting with shower and loo at the back, adept at their craft. To venture further afield,
and passing double vanities (with striking board the bilingual subway from the station 02
turquoise soap dishes and amenity boxes) to at the rear of the hotel.
end at a tub thats angled to take in the view, Mao Zedong ranks lower in the populari-
which from many rooms includes the lake ty stakes than in previous years, but his term
and Yuelu Mountain. at the Fourth Normal School of Changsha 01. The heated indoor pool of the
Rich, muted colours characterise the bed- roughly a century ago is still commemorat- Meixi Lake Hotel.
room while a peach motif gently repeats itself ed both on Orange Island, where he used to
on the soft furnishings. Best of all, these are swim and mull the countrys future with fellow 02. The hotels interiors might be
rooms that are easily navigable: plainly marked ideologues, and his one-time place of study. described as Maohaus, with
light switches, a spacious safety box tucked Huangxing Road is pedestrianised, and is as numerous Chinese paintings
away within the similarly commodious walk- entertaining for its costumed, regimented, and objets dart enlivening the
in wardrobe, and bathroom scales that dont chanting squads of touts plus its statues lofty lobby (pic) and other public
require any fiddle-faddle. The television faces of tradesmen in days of yore as its shop- areas.
the bed which is grand enough for a very ping and dining.
portly king plus consort and includes in- 03. The Tea Room lives up to its
ternational channels among its multifarious Whats the bottom line? name, with its mahjong tables
Chinese offerings. Rates start at 700 yuan (RM452) for a deluxe proving as popular as its brews.
room, including one buffet breakfast. For more
Whats there to eat? details, go to starwoodhotels.com/luxury.
The culinary day starts at The Field, with South China Morning Post 03

2 4 S P O RT S
Guardiola unsure of
Aguero future at City
Emergence of young trio in recent weeks has kept the Argentine on the bench
BY SHRAVANTH VIJAYAKUMAR
BENGALURU: Manchester City man-
ager Pep Guardiola has done little to
quell the uncertainty surrounding
Sergio Agueros future at the club,
saying that he was unsure where the
mercurial Argentine striker would be
plying his trade next season.
The emergence of young trio
Raheem Sterling, Gabriel Jesus and
Leroy Sane in recent weeks has
Ibrahimovic coy on Man Utd contract extension
BY SHRAVANTH VIJAYAKUMAR
BENGALURU: Manchester United
striker Zlatan Ibrahimovic has yet
to commit his future to the Premier
League club despite the Swede say-
ing he has fulfilled the requirements
needed to extend his contract.
The 35-year-old has silenced crit-
ics who suggested he may struggle to
adapt to the pace and intensity of the
English game, scoring 20 goals since
moving to Old Trafford from Paris St
One dead after
football fans clash
in Rio de Janeiro
BY A ND REW DOW NIE
RIO DE JANEIRO: A football fan
was killed and several others in-
jured after violence erupted in Rio
de Janeiro before Sundays Bota-
fogo-Flamengo match, Brazilian
news reports said.
The reports identified the fan
as 28-year-old Diego Silva dos
Santos, who was killed near the
Engenhao stadium, the venue
for the athletic events at the 2016
Olympic Games.
The clashes took place before
the Rio de Janeiro state champi-
onship game that Flamengo won
2-1. Police eventually brought the
violence under control with rubber
bullets and tear gas.
The Municipal Health Secre-
tariat informs that eight men were
taken to the Salgado Filho Munic-
ipal Hospital as victims of the vio-
lence or gunshots in clashes near
the Engenhao, the secretariat said
in a statement quoted on the UOL
news site and reported by other
Brazilian media outlets.
Of these, one died, four were
released and three are still being
attended to, one of whom is in se-
rious condition.
Neither the secretariat nor local
police could be reached for confir-
mation on Sunday night. Reuters
meant that Aguero, the clubs top
scorer with 18 goals in 26 games
this campaign, has had to settle
for a place on the bench.
At the end of the season ... I dont
know. I know how difficult it is to
find top goalscorers. I would like
him to stay but I dont know what
is going to happen, Guardiola told
British media when asked if Aguero
would still be at City next season.
Sergio knows the intention of
Germain on a free transfer in July.
Manager Jose Mourinho said in
November that United planned to
exercise its option to extend Ibra-
himovics contract, which runs out
at the end of the current campaign,
for a second season.
Something like that. I have to
score 100 goals, Ibrahimovic told
British media when asked if he had
triggered the extension clause with
goals and appearances.
The option is already fulfilled.
Shanghai SIPG coach promises special
night for boss after big spending
SHANGHAI: Shanghai SIPG coach
Andre Villas-Boas yesterday said
his team must deliver silverware
after the club spent big preseason,
including its high-profile signing
of Oscar.
SIPG begin their AFC Champions
League campaign next week after
Oscar, the 60 million (RM284 mil-
lion) signing from Chelsea, helped
the club reach the group stage with
a goal on debut in the play-offs.
The team finished third in the
Chinese Super League last year, 12
points back from Chinas dominant
team, Guangzhou Evergrande.
Its really important for us to try
to shorten the distance to the top,
to be first, to be there winning tro-
phies, Villas-Boas said at a season
launch event.
I think its a good time for my-
self, representing the team, to thank
the group for all the financial effort
they have done at the beginning of
the season.
Now I think its up to us to make
the difference in the pitch to make
sure that we reach our objectives
everybodys dream in football
of winning.
The Portuguese manager added:
Ive promised the president that
at the end of the season, he would
sleep with one trophy.
I hope that me and the players
can give this special night to him
his manager and the club. I dont
want to sell him. I want him to stay
here for a long time until he decides.
The reason hes not played the
last two games is because Leroy,
Gabriel and Raheem have played
amazing. Thats the only reason why.
Guardiola did not hold back on
his praise for the injury-prone Jack
Wilshere before City, fifth in the Pre-
mier League, travelled to face 14th-
placed Bournemouth yesterday.
But theres nothing done yet from
my side. Well wait and see. Lets
see what happens.
Despite sitting sixth in the
league, 12 points behind leader
Chelsea after 25 games, Ibrahimov-
ic believes Manchester United is
well placed to pick up silverware
in other competitions.
United faces Southampton in
the League Cup final on Feb 26
and is still involved in the Europa
League and the FA Cup.
Oscar (right) and Hulk, another Brazilian footballer playing for Shanghai SIPG, sharing
a light moment at the football clubs season mobilisation of the Chinese Super League
in Shanghai yesterday. Oscar helped the club reach the AFC Champions League group
stage with a goal on debut in the play-os. Photo by Reuters
at the end of the season.
Oscars deal with Shanghai SIPG
is thought to be 24 million a sea-
son which would put him above
Real Madrids Cristiano Ronaldo
and Lionel Messi of Barcelona in a
list of the worlds best-paid players.
It is still below the 38 million
reportedly paid by city rival Shang-
hai Shenhua to Argentine striker
T U ESDAY FEB RUARY 14, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
I know the problem with Wil-
shere was just the injuries, Guar-
diola added of the on-loan Arse-
nal player.
Hes lucky to play regularly for
one season and he is going to be
back to being one of the best mid-
field players in England by far.
He has a special quality with
the ball, dribbling as a holding mid-
fielder to attack central defenders
its not easy to do that. Reuters
We have one (the Community
Shield) and we can get our second
one (the League Cup), the charis-
matic Swede added.
We are still in the Europa
League and FA Cup, so if we dont
become champions in the Premier
League, at least we can try and win
two or three trophies.
United hosts French side St
Etienne in the first leg of its round-
of-32 Europa League clash on
Thursday. Reuters
Carlos Tevez, which rates him as
the highest-paid footballer on the
planet.
Chinese teams have splashed
out record-breaking sums on play-
ers over the past year, although
major deals have largely dried up
after the announcement of salary
caps and other curbs in January.
AFP
German
anthem gaffe,
gamesmanship
row hit
Fed Cup
BY DAVE JAMES
PARIS: Defending champion Czech
Republic, Switzerland, Belarus and
the US reached the Fed Cup semi-fi-
nals on Sunday but the tournament
suffered an embarrassing gaffe over
the German national anthem and
accusations of gamesmanship.
As 17-time champion, the US
downed Germany 3-0 to book a home
last-four date against the Czechs, but
the teams efforts were overshadowed
by a controversial blunder over the
German anthem played just before
action got underway in Hawaii.
German star Andrea Petkovic said
she had never felt so disrespected
after an American soloist sang an
old version of the anthem which
leads off with a stanza considered
overtly nationalist Deutschland,
Deutschland ueber alles a refer-
ence to German supremacy.
Singing that version is a major
embarrassment in Germany, be-
cause of its strong links to the Nazi
era, and only the third stanza of the
old anthem is now in use.
Organisers apologised but a
fuming Petkovic went on to lose
to Alison Riske 7-6 (12/10), 6-2 to
put the US 1-0 up on Saturday.
I have never felt so disrespected
in my life. It was an absolute effron-
tery and insolence, of the very worst
kind, said the 29-year-old Petkovic,
adding that she and teammate Julia
Georges were in tears.
Were in 2017 something like
this should not happen in Ameri-
ca. It is embarrassing and smacks
of ignorance.
Germany team skipper Barbara
Rittner described it as a real scan-
dal and inexcusable.
On Sunday, the organisers man-
aged to play the correct version of
the anthem. However, it didnt help
Germany which slipped 2-0 down
when Goerges retired injured as she
trailed CoCo Vandeweghe 6-3, 3-1.
Vandeweghe then sealed a 3-0
victory and a first semi-final in
seven years with a 3-6, 6-4, 6-0
win over Petkovic after running
away with the last 10 games.
Switzerland knocked out last
years runner-up France after Timea
Bacsinszky downed Kristina Mlad-
enovic 7-6 (7/4), 4-6, 7-5 in a three-
hour-and-20-minute thriller before
Belinda Bencic eased past Pauline
Parmentier 6-3, 6-4.
However, Bacsinszky was ac-
cused of gamesmanship by a frus-
trated Mladenovic.
On Saturday, world No 16 Bac-
sinszky left the court in Geneva for
treatment to a wasp sting on her
elbow while, on Sunday, she again
sought medical help for a knee in-
jury when a break point down in
the sixth game of the deciding set.
When she returned, she took a
21-shot rally and claimed eight of
the next nine points to stretch to
a 5-2 lead.
She did a kangaroo jump and
ran better than before, fumed
Mladenovic. AFP
T U E SDAY F E B RUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
Markets 2 5
BURSA MAL AYSIA MAIN MARKET

Bursa Malaysia YEAR

HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE COUNTER CLOSING
(RM)
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)

Sectorial Movement 0.195 0.100 0.150

0.500 0.360 0.415
0.140
0.410
7146
5198
AEM
AFUJIYA
0.150
0.415
UNCH
-0.005
964.2
25
0.145
0.413 24.41


40.7
74.7
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG 0.635 0.260 0.445 0.430 2682 AISB 0.430 -0.015 83 0.438 56.7
1.077 0.575 0.735 0.725 7609 AJIYA 0.730 0.010 778.1 0.730 13.47 2.05 222.3
KLSE COMPOSITE 1,710.24 11.30 0.67 TECHNOLOGY 25.71 0.17 0.67 0.250 0.065 9954 AKNIGHT 0.160 9.3
KLSE INDUSTRIAL 3,260.93 23.51 0.73 FTSE BURSA 100 11,710.72 67.15 0.58 1.040 0.665 0.940 0.930 2674 ALCOM 0.930 -0.010 63 0.931 21.63 5.38 124.9
0.400 0.315 0.385 0.380 4758 ANCOM 0.385 0.005 542 0.383 84.3
CONSUMER PRODUCT 590.68 2.82 0.48 FTSE BURSA MID 70 13,852.28 40.58 0.29 2.490 0.582 2.470 2.420 6556 ANNJOO 2.460 0.030 1781.9 2.456 16.83 1,286.9
INDUSTRIAL PRODUCT 150.14 0.66 0.44 FTSE BURSA SMALL CAP 16,103.62 88.81 0.55 0.360 0.190 0.250 0.245 9342 ANZO 0.250 UNCH 6590.2 0.250 75.5
CONSTRUCTION 306.72 0.99 0.32 FTSE BURSA FLEDGLING 17,223.96 116.64 0.68 1.230 0.850 0.890 0.890 5568 APB 0.890 0.005 38.8 0.890 7.30 100.5
3.896 3.300 3.460 3.450 5015 APM 3.450 0.020 171.6 3.451 14.09 4.93 695.5
TRADE & SERVICES 229.01 1.23 0.54 FTSE BURSA EMAS 12,032.28 68.85 0.58 1.240 0.576 1.240 1.160 7214 ARANK 1.240 0.090 1758.6 1.197 8.88 2.42 148.8
KLSE FINANCIAL 15,091.39 100.67 0.67 FTSE BUR MSIA ACE 5,308.60 62.21 1.19 0.825 0.595 0.730 0.725 7162 ASTINO 0.730 UNCH 133.3 0.728 6.48 1.37 200.1
KLSE PROPERTY 1,201.54 1.35 0.11 FTSE BUR EMAS SHARIAH 12,553.36 62.96 0.50 0.895 0.413 7099 ATTA 0.655 6.11 47.4
1.660 0.370 0.520 0.500 7181 ATURMJU 0.505 -0.005 255 0.505 30.9
KLSE PLANTATION 8,238.53 23.24 0.28 FTSE BUR HIJRAH SHARIAH 13,932.22 64.74 0.47 2.110 1.410 2.000 1.930 8133 BHIC 1.960 0.010 69.6 1.965 487.0
KLSE MINING 486.34 -4.05 -0.83 FTSE/ASEAN 40 9,455.70 49.98 0.53 0.740 0.390 0.520 0.480 7005 BIG 0.515 0.045 667.1 0.507 24.8
0.155 0.095 0.150 0.140 7187 BKOON 0.150 UNCH 502.6 0.146 41.5
1.098 0.755 0.870 0.815 0168 BOILERM 0.860 0.055 2832 0.849 20.77 1.74 443.8
2.840 2.000 2.110 2.030 6297 BOXPAK 2.110 0.080 207.1 2.077 21.93 126.6
1.852 1.330 1.500 1.480 5100 BPPLAS 1.490 0.020 208.3 1.490 12.67 4.03 279.7
0.400 0.285 0.345 0.330 9938 BRIGHT 0.345 0.015 845.6 0.337 32.24 56.7
0.395 0.195 0.350 0.340 7221 BSLCORP 0.340 UNCH 512.6 0.344 6.34 33.3
0.310 0.195 0.295 0.290 7188 BTM 0.290 -0.005 611.8 0.290 36.3
Bursa Malaysia Main Market 4.497 3.133 3.460
0.070 0.020 0.030
2.280 1.910 2.140
3.400
0.025
2.090
5105
5229
7076
CANONE
CAP
CBIP
3.420
0.030
2.130
-0.030
UNCH
0.040
97.2
1359.6
1564.5
3.426
0.029
9.04
3.90
2.113 11.40
1.17

2.82
657.2
40.9
1,146.5
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP 1.240 0.798 1.190 1.130 2879 CCM 1.160 -0.040 724.3 1.148 16.29 4.31 530.9
HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) 2.120 1.510 8435 CEPCO 1.570 70.09 70.3
1.200 1.060 8044 CFM 1.060 43.5
CONSUMER PRODUCTS 1.868 1.321 1.730 1.700 5007 CHINWEL 1.710 -0.010 498 1.715 8.83 4.97 512.2
0.824 0.610 0.630 0.620 7120 ACOSTEC 0.625 -0.005 140 0.629 74.40 4.00 111.1 2.300 1.304 1.800 1.760 5797 CHOOBEE 1.760 -0.040 10 1.786 10.65 2.27 193.4
4.900 3.297 4.810 4.760 7090 AHEALTH 4.800 UNCH 37.9 4.799 13.38 2.40 562.3 1.100 0.640 0.985 0.985 8052 CICB 0.985 -0.045 10 0.985 46.5
14.647 8.386 14.300 14.200 2658 AJI 14.300 0.080 10.1 14.284 20.18 2.36 869.4 0.075 0.040 0.075 0.060 7018 CME 0.065 0.005 17654.7 0.066 28.7
0.260 0.210 7051 AMTEK 0.260 13.0 5.121 3.170 4.290 4.250 2852 CMSB 4.270 -0.020 1359.7 4.261 30.11 1.05 4,587.6
6.007 4.970 5.240 5.230 6432 APOLLO 5.230 0.010 2.5 5.234 22.12 5.74 418.4 0.360 0.130 0.350 0.350 7986 CNASIA 0.350 UNCH 4 0.350 15.9
1.320 0.890 7722 ASIABRN 0.900 71.2 1.806 1.250 1.500 1.480 5071 COASTAL 1.500 0.010 182.7 1.491 17.99 2.00 797.4
4.958 3.470 3.540 3.530 7129 ASIAFLE 3.530 UNCH 59.6 3.537 11.62 3.40 680.5 0.990 0.515 0.875 0.855 7195 COMCORP 0.860 -0.010 1188.9 0.860 6.45 120.4
55.656 39.409 46.500 45.100 4162 BAT 46.480 1.580 150.7 46.056 21.18 5.01 13,271.4 0.940 0.605 0.770 0.755 2127 COMFORT 0.755 0.005 3317.7 0.759 13.98 421.9
0.080 0.035 0.065 0.065 7243 BIOOSMO 0.065 UNCH 1077 0.065 47.0 2.320 1.149 2.120 2.090 5094 CSCSTEL 2.110 0.030 1393.6 2.104 8.80 3.79 801.8
0.716 0.536 0.620 0.585 9288 BONIA 0.615 0.025 8391.4 0.605 20.57 2.03 495.9 0.015 0.005 0022 CYBERT 0.005 0.5
1.870 1.520 1.730 1.690 7174 CAB 1.730 0.010 227.6 1.720 11.40 0.58 309.3 0.887 0.770 0.825 0.810 7157 CYL 0.810 -0.010 44.3 0.812 19.01 6.17 81.0
0.554 0.465 0.505 0.500 7154 CAELY 0.505 UNCH 416.2 0.505 6.38 1.98 40.4 0.420 0.280 5082 CYMAO 0.315 23.6
0.387 0.261 7128 CAMRES 0.320 10.29 3.13 63.0 2.450 2.052 2.400 2.220 8125 DAIBOCI 2.230 UNCH 83.7 2.230 28.48 2.42 609.3
15.136 11.083 14.040 14.000 2836 CARLSBG 14.040 0.040 70.1 14.014 18.47 5.13 4,325.4 0.715 0.315 0.660 0.645 8176 DENKO 0.645 0.010 3401.8 0.652 27.45 67.4
0.730 0.530 0.690 0.680 7035 CCK 0.680 -0.005 361.6 0.684 12.57 2.21 214.4 0.315 0.175 0.270 0.250 7114 DNONCE 0.265 -0.005 1657.5 0.257 47.8
2.581 1.900 2.180 2.160 7148 CCMDBIO 2.160 -0.030 60 2.168 20.21 3.70 602.6 0.555 0.285 0.420 0.410 5835 DOLMITE 0.410 UNCH 373.9 0.414 111.8
1.702 1.025 1.400 1.380 9423 CHEEWAH 1.400 0.030 72.5 1.387 10.71 2.50 58.9 0.430 0.300 5835PA DOLMITE-PA 0.300 3.7
2.893 2.344 2.600 2.570 2828 CIHLDG 2.570 -0.030 56 2.589 19.28 1.95 416.3 0.795 0.365 0.380 0.365 5265 DOLPHIN 0.365 -0.010 2901.6 0.371 81.0
0.050 0.020 0.030 0.020 5188 CNOUHUA 0.030 0.005 831.1 0.025 20.0 1.250 1.053 1.210 1.190 7169 DOMINAN 1.200 -0.010 363.4 1.199 15.92 3.75 198.0
2.330 1.820 2.190 2.140 7205 COCOLND 2.180 0.040 148.4 2.173 13.30 3.39 498.8 1.528 0.764 1.330 1.280 1619 DRBHCOM 1.330 0.070 20932.8 1.315 1.50 2,571.2
1.880 1.130 1.880 1.860 7202 CSCENIC 1.860 UNCH 30.7 1.869 14.39 6.45 224.1 0.855 0.412 0.845 0.820 7233 DUFU 0.820 -0.015 781.8 0.830 9.36 2.56 143.9
0.125 0.055 0.075 0.070 5214 CSL 0.070 UNCH 1083 0.074 1.29 87.0 1.030 0.810 0.910 0.900 8907 EG 0.905 0.005 1296.1 0.907 7.53 191.5
0.060 0.035 0.040 0.035 7179 DBE 0.035 UNCH 467 0.039 40.6 1.250 0.860 1.020 0.975 9016 EKSONS 1.020 0.025 35 0.986 167.5
0.954 0.752 7119 DEGEM 0.920 12.17 2.45 123.3 0.927 0.237 0.670 0.655 7217 EMETALL 0.660 0.015 1173 0.661 6.13 3.79 113.0
64.674 47.033 55.000 54.200 3026 DLADY 54.320 0.040 5.2 54.352 25.48 1.84 3,476.5 0.705 0.500 0.570 0.530 7773 EPMB 0.540 -0.030 76.1 0.532 1.85 89.6
0.120 0.070 0.085 0.080 7198 DPS 0.085 UNCH 499.5 0.080 50.0 1.287 0.735 0.970 0.955 5101 EVERGRN 0.955 -0.005 1067.1 0.959 10.37 1.05 808.3
0.265 0.020 0.085 0.085 7182 EKA 0.085 UNCH 1390.6 0.085 26.5 1.184 0.630 0.810 0.785 7249 EWEIN 0.795 0.010 289.4 0.799 11.99 0.63 177.0
0.380 0.185 0.375 0.370 5091 EKOWOOD 0.370 UNCH 428.6 0.370 62.2 1.150 0.972 1.150 1.140 2984 FACBIND 1.150 0.030 204.3 1.142 24.78 2.17 97.9
0.340 0.140 0.310 0.295 9091 EMICO 0.295 -0.010 1255.4 0.301 9.31 28.3 2.805 2.270 2.800 2.770 7229 FAVCO 2.780 0.030 243.5 2.783 7.76 5.40 615.5
2.526 1.510 1.580 1.570 7149 ENGKAH 1.580 UNCH 14 1.573 43.05 4.11 111.8 0.740 0.457 0.725 0.710 0149 FIBON 0.725 -0.005 227.5 0.716 12.35 1.72 71.1
0.265 0.195 0.235 0.230 7208 EURO 0.235 UNCH 365 0.232 18.95 57.1 2.270 2.020 2.250 2.240 3107 FIMACOR 2.250 UNCH 68.5 2.250 9.78 5.56 551.8
0.850 0.630 7094 EUROSP 0.635 28.2 2.573 1.368 1.670 1.650 5197 FLBHD 1.660 0.010 288.7 1.654 7.95 9.04 171.3
26.630 18.420 23.400 23.120 3689 F&N 23.180 -0.180 618.1 23.311 23.52 2.48 8,501.9 1.500 1.390 1.390 1.390 3611 GBH 1.390 UNCH 3 1.390 259.4
0.880 0.600 0.785 0.760 9776 FARMBES 0.775 0.020 204.3 0.777 3.17 47.3 2.700 1.300 1.940 1.910 7197 GESHEN 1.930 -0.020 222.7 1.922 15.49 154.4
1.205 0.820 0.850 0.840 2755 FCW 0.850 0.015 26.7 0.848 30.04 1.76 212.5 0.055 0.040 0.050 0.045 5220 GLOTEC 0.050 0.005 17587.6 0.045 269.1
1.127 0.620 0.765 0.735 8605 FFHB 0.765 0.030 236.5 0.749 11.27 1.31 70.8 0.735 0.180 0.575 0.510 7192 GOODWAY 0.520 -0.055 3237 0.528 57.5
0.990 0.700 0.990 0.970 9172 FPI 0.985 0.035 658.6 0.983 13.93 7.11 243.6 0.125 0.075 0.105 0.100 7096 GPA 0.100 UNCH 270 0.102 98.0
1.266 0.854 1.090 1.080 5102 GCB 1.090 -0.010 57.2 1.080 12.76 1.38 523.4 0.450 0.255 0.370 0.355 5649 GPHAROS 0.355 -0.005 25 0.358 47.8
2.738 2.113 2.380 2.350 5606 GOLDIS 2.350 -0.030 16 2.368 8.07 0.85 1,435.6 0.272 0.196 0.230 0.225 0136 GREENYB 0.225 UNCH 463 0.230 40.18 2.67 75.1
1.200 0.990 5606PA GOLDIS-PA 1.060 3.77 482.1 0.130 0.085 0.105 0.100 7077 GSB 0.105 0.005 288 0.100 55.4
0.100 0.010 0.075 0.070 5187 HBGLOB 0.070 -0.005 320 0.073 32.8 0.922 0.749 0.895 0.880 3247 GUH 0.890 0.025 38 0.888 24.05 3.93 247.3
18.372 12.875 16.040 15.960 3255 HEIM 15.980 -0.040 166.2 16.007 18.61 3.44 4,827.5 0.650 0.235 0.570 0.555 5151 HALEX 0.565 UNCH 697.1 0.559 59.9
9.950 5.407 9.600 9.490 3301 HLIND 9.530 -0.070 146.2 9.531 11.24 3.57 3,124.9 5.030 3.759 4.760 4.730 5168 HARTA 4.760 -0.010 177.5 4.748 29.84 1.68 7,815.2
1.015 0.816 0.995 0.990 5160 HOMERIZ 0.990 UNCH 221.7 0.990 10.75 5.05 297.0 3.450 2.640 3.450 3.400 7105 HCK 3.450 0.100 110 3.427 5750.00 290.6
0.479 0.240 0.330 0.320 7213 HOVID 0.325 -0.005 3205.6 0.324 16.58 3.08 266.7 1.580 1.019 1.470 1.450 5095 HEVEA 1.470 0.010 1513.2 1.467 8.64 2.96 747.5
1.368 1.150 1.200 1.170 5024 HUPSENG 1.200 0.020 296.8 1.188 19.48 3.33 960.0 0.985 0.791 0.985 0.975 3298 HEXZA 0.975 UNCH 362.8 0.979 8.52 4.62 195.4
0.590 0.360 0.495 0.495 8478 HWATAI 0.495 -0.015 25 0.495 16.78 37.0 0.525 0.180 0.345 0.335 5072 HIAPTEK 0.340 0.005 10253.8 0.340 0.88 438.6
3.140 1.785 3.140 3.020 5107 IQGROUP 3.060 -0.030 266.7 3.071 12.19 3.59 269.4 0.560 0.170 0.550 0.535 5199 HIBISCS 0.540 0.005 50519.5 0.542 779.7
1.513 0.868 1.450 1.410 7152 JAYCORP 1.430 0.010 195.4 1.425 9.32 6.99 196.3 1.372 0.856 7033 HIGHTEC 0.930 9.95 3.76 37.8
0.780 0.505 0.650 0.620 8931 JERASIA 0.650 0.020 395.5 0.637 8.66 53.3 1.000 0.637 0.940 0.930 8443 HIL 0.940 UNCH 34 0.937 20.70 1.60 262.0
2.764 2.112 2.410 2.390 5247 KAREX 2.410 0.020 787.4 2.401 45.99 0.83 2,415.7 0.380 0.270 0.380 0.330 5165 HOKHENG 0.380 0.060 461.6 0.341 35.51 30.4
4.000 2.968 4.000 3.960 7216 KAWAN 3.970 0.020 30.1 3.969 27.53 0.63 1,070.5 0.055 0.020 0.040 0.035 2739 HUAAN 0.035 UNCH 560.2 0.035 39.3
0.260 0.025 0.185 0.180 8303 KFM 0.180 -0.005 845.9 0.180 12.3 3.410 2.590 2.880 2.760 5000 HUMEIND 2.860 0.070 711.4 2.828 37.58 1.05 1,370.2
0.835 0.711 0.800 0.785 6203 KHEESAN 0.800 UNCH 31 0.788 15.24 1.25 83.2 0.090 0.045 0.065 0.060 9601 HWGB 0.060 UNCH 599 0.061 59.9
2.700 1.827 2.400 2.350 7062 KHIND 2.400 0.070 25.2 2.362 9.67 4.17 96.1 0.920 0.730 0.775 0.770 9687 IDEALUBB 0.770 -0.020 2 0.770 41.18 85.1
1.510 1.000 1.510 1.350 0002 KOTRA 1.390 -0.100 194.7 1.400 19.55 1.44 184.4 2.147 1.794 2.030 2.030 7222 IMASPRO 2.030 0.010 4 2.030 17.73 1.72 162.4
0.125 0.035 0.060 0.060 5172 KSTAR 0.060 -0.005 177.7 0.060 16.0 0.285 0.185 0.280 0.255 7183 IRETEX 0.275 0.040 6087.8 0.269 36.9
6.803 4.509 5.590 5.480 7006 LATITUD 5.590 0.090 130 5.557 8.27 2.15 543.4 0.120 0.055 0.070 0.065 7223 JADI 0.070 0.005 1109.7 0.065 28.00 65.9
0.950 0.785 0.925 0.900 9385 LAYHONG 0.920 -0.005 722.9 0.912 0.54 560.1 0.165 0.140 0.155 0.155 8648 JASKITA 0.155 UNCH 45 0.155 1.94 69.7
0.330 0.265 0.315 0.305 8079 LEESK 0.305 UNCH 1182 0.309 9.19 51.2 0.125 0.055 0.095 0.085 2747 JAVA 0.085 UNCH 666.1 0.088 14.7
3.322 1.909 3.230 3.180 7089 LIIHEN 3.220 0.010 329 3.204 7.93 4.97 579.6 1.280 0.892 7043 JMR 0.970 1940.00 123.0
0.820 0.710 0.760 0.755 7126 LONBISC 0.755 -0.005 584.9 0.759 7.58 140.8 1.400 0.840 1.400 1.360 7167 JOHOTIN 1.390 0.030 1804.7 1.384 9.41 1.08 345.9
1.577 1.230 1.380 1.350 7085 LTKM 1.350 -0.030 21.4 1.365 13.85 2.96 175.6 1.587 1.035 1.430 1.400 4383 JTIASA 1.420 UNCH 770.7 1.414 27.57 0.92 1,382.7
5.060 3.764 5.060 4.880 7087 MAGNI 5.030 0.170 887.8 4.986 8.44 2.78 818.5 0.245 0.160 0.245 0.235 0054 KARYON 0.235 UNCH 3043.2 0.237 23.98 1.70 111.8
0.070 0.015 0.025 0.025 5189 MAXWELL 0.025 UNCH 615.7 0.025 10.0 1.187 0.690 0.790 0.790 7199 KEINHIN 0.790 -0.005 10 0.790 10.23 1.90 78.2
1.196 1.000 5886 MBG 1.060 24.71 4.72 64.4 0.770 0.340 0.500 0.450 6211 KIALIM 0.480 -0.005 406.4 0.471 29.7
1.637 1.157 1.470 1.450 3662 MFLOUR 1.460 -0.010 182.5 1.459 14.87 3.42 803.3 3.408 2.770 3.020 3.000 3522 KIANJOO 3.020 0.020 10 3.008 10.67 0.66 1,341.4
1.030 0.845 7935 MILUX 0.900 49.0 2.209 1.535 1.840 1.830 5371 KIMHIN 1.830 -0.010 91.5 1.832 12.26 3.28 284.8
5.050 4.346 4.590 4.520 5202 MSM 4.520 -0.070 21.7 4.549 18.96 5.31 3,177.5 0.105 0.025 0.045 0.045 5060 KINSTEL 0.045 0.005 560 0.045 47.2
0.070 0.025 5150 MSPORTS 0.035 21.2 1.737 1.090 1.380 1.380 9466 KKB 1.380 UNCH 22.6 1.380 2.90 355.8
1.497 1.200 1.420 1.370 3921 MWE 1.380 0.010 898.1 1.381 16.41 319.6 0.520 0.310 0.365 0.355 7164 KNM 0.360 0.005 19786 0.361 30.77 776.2
80.359 71.399 76.940 76.200 4707 NESTLE 76.520 -0.420 2.2 76.737 26.78 3.27 17,943.9 1.163 0.751 0.915 0.915 6971 KOBAY 0.915 -0.005 11.6 0.915 39.27 2.19 93.4
3.340 2.504 3.300 3.300 7060 NHFATT 3.300 -0.040 1 3.300 9.93 3.33 248.0 0.568 0.270 0.340 0.320 7017 KOMARK 0.335 0.015 3104.9 0.332 41.8
0.150 0.070 0.110 0.090 7139 NICE 0.110 0.015 8939.7 0.102 33.3 7.015 5.794 6.540 6.500 7153 KOSSAN 6.530 0.030 192.7 6.521 23.10 1.76 4,175.7
0.370 0.255 0.295 0.280 7215 NIHSIN 0.280 -0.015 1941.1 0.285 66.7 0.600 0.345 0.375 0.375 7130 KPOWER 0.375 0.030 27.5 0.375 21.1
1.041 0.781 0.875 0.835 5066 NTPM 0.875 0.040 575.4 0.861 18.62 2.74 982.8 5.350 4.661 4.930 4.920 3476 KSENG 4.920 UNCH 18.9 4.927 2.03 1,778.5
0.753 0.345 0.495 0.485 7071 OCR 0.490 0.005 1866.8 0.488 117.0 0.520 0.346 0.450 0.425 5192 KSSC 0.445 0.020 623.8 0.440 15.03 1.80 42.7
0.120 0.040 0.120 0.110 7071PA OCR-PA 0.120 0.010 12930.9 0.115 79.4 0.460 0.295 0.330 0.320 8362 KYM 0.330 UNCH 58.2 0.322 49.5
2.518 1.370 1.650 1.580 7107 OFI 1.620 0.010 81.6 1.623 21.46 2.47 388.8 9.267 6.630 6.990 6.920 3794 LAFMSIA 6.980 -0.020 99.7 6.970 69.11 2.87 5,930.9
7.456 6.391 6.610 6.580 4006 ORIENT 6.580 -0.010 145.5 6.588 19.77 2.74 4,082.2 0.700 0.437 0.690 0.670 9326 LBALUM 0.690 0.020 1399.5 0.680 7.81 2.90 171.5
3.015 1.849 2.440 2.400 7052 PADINI 2.430 UNCH 965.4 2.422 11.91 4.12 1,598.7 0.707 0.460 0.580 0.560 5092 LCTH 0.570 0.010 2320.6 0.569 11.42 7.02 205.2
38.422 23.869 31.980 31.340 3719 PANAMY 31.400 UNCH 48.7 31.350 13.27 4.43 1,907.4 0.615 0.407 0.550 0.540 5232 LEONFB 0.545 0.005 597 0.547 7.99 2.75 169.0
0.787 0.338 0.580 0.565 5022 PAOS 0.570 -0.010 95.3 0.569 33.93 2.93 103.3 0.145 0.100 0.125 0.125 8745 LEWEKO 0.125 UNCH 30 0.125 40.2
0.590 0.240 0.570 0.555 9407 PARAGON 0.565 0.010 639.3 0.569 6.26 39.6 0.080 0.020 0.035 0.030 2887 LIONDIV 0.030 -0.005 311.6 0.035 41.8
0.795 0.310 6068 PCCS 0.370 22.2 0.525 0.220 0.490 0.475 4235 LIONIND 0.490 0.015 1446.8 0.487 351.8
1.060 0.700 0.925 0.910 5231 PELIKAN 0.915 0.005 118.7 0.917 20.61 506.3 0.570 0.110 0.435 0.420 9881 LSTEEL 0.420 -0.010 136.6 0.426 12.24 53.8
0.229 0.145 0.165 0.165 4081 PMCORP 0.165 UNCH 60 0.165 13.64 127.6 0.095 0.050 0.095 0.090 5068 LUSTER 0.095 0.005 5496.1 0.091 164.5
0.580 0.450 0.505 0.495 5080 POHKONG 0.505 0.010 31.5 0.497 16.67 1.98 207.2 3.738 3.400 3.530 3.500 9199 LYSAGHT 3.530 0.080 20.1 3.503 10.63 4.25 146.8
1.880 1.356 1.870 1.850 7088 POHUAT 1.860 0.010 371.3 1.859 8.44 3.23 421.9 1.060 0.355 0.855 0.840 5098 MASTEEL 0.845 UNCH 847.3 0.848 13.08 206.6
16.701 15.147 16.540 16.400 4065 PPB 16.460 0.060 1196.8 16.479 21.92 1.52 19,513.3 0.660 0.475 7029 MASTER 0.600 11.17 1.67 32.8
0.580 0.487 7190 PPG 0.550 22.54 2.51 55.0 1.150 0.765 1.120 1.100 5152 MBL 1.120 0.010 162.9 1.107 9.63 1.79 103.0
1.764 1.262 1.450 1.420 8966 PRLEXUS 1.430 0.010 385.2 1.433 8.47 2.10 255.3 0.960 0.630 0.770 0.760 7004 MCEHLDG 0.770 UNCH 65.7 0.767 34.2
0.885 0.636 0.885 0.850 7134 PWF 0.880 0.030 346.7 0.870 24.18 3.09 145.9 0.660 0.180 0.395 0.385 3778 MELEWAR 0.395 0.010 1024.8 0.390 89.1
2.671 1.843 2.200 2.160 7237 PWROOT 2.170 -0.040 77.8 2.175 17.96 4.61 714.6 0.670 0.485 0.650 0.620 5223 MENTIGA 0.650 0.015 26.9 0.626 29.82 1.54 45.5
4.597 4.123 4.550 4.440 7084 QL 4.550 0.120 1025.7 4.499 30.07 0.93 5,678.5 1.426 1.062 1.260 1.250 8192 MERCURY 1.250 -0.010 84.9 1.253 8.39 9.60 50.2
1.780 1.450 1.700 1.670 9946 REX 1.690 0.020 315.1 1.687 104.2 1.850 1.595 6149 METROD 1.700 13.50 3.53 204.0
1.579 1.006 1.520 1.500 5252 SASBADI 1.510 0.010 907.3 1.508 21.82 1.49 421.9 1.990 0.800 1.960 1.910 5001 MIECO 1.930 UNCH 753.8 1.942 10.46 405.3
0.467 0.270 0.310 0.300 5157 SAUDEE 0.310 UNCH 157.5 0.309 37.2 0.110 0.060 0.105 0.095 7219 MINETEC 0.100 UNCH 7603 0.101 69.5
1.250 0.810 1.080 1.030 7180 SERNKOU 1.030 -0.060 21 1.043 123.6 0.784 0.535 0.650 0.625 5576 MINHO 0.630 -0.015 765.8 0.637 12.55 138.4
1.430 0.550 0.705 0.635 7165 SGB 0.680 0.020 3257.4 0.674 98.1 4.490 2.260 3.990 3.950 5916 MSC 3.960 0.030 78.9 3.970 16.16 396.0
0.120 0.055 0.105 0.090 7165PA SGB-PA 0.095 0.005 13702.9 0.098 45.0 2.465 1.400 1.560 1.520 3883 MUDA 1.540 0.020 286.5 1.542 13.84 1.95 469.8
2.131 1.565 1.680 1.670 7412 SHH 1.670 UNCH 22.3 1.672 9.17 5.99 83.5 1.200 0.210 0.980 0.965 5087 MYCRON 0.970 -0.005 1125.2 0.972 8.73 275.0
1.041 0.800 0.945 0.925 7246 SIGN 0.925 UNCH 1028.4 0.933 4.73 5.41 222.3 0.240 0.035 0.160 0.160 7002 NAKA 0.160 -0.010 8.3 0.160 8.9
0.145 0.035 0.125 0.120 8532 SINOTOP 0.120 UNCH 1894.7 0.120 133.33 236.9 0.645 0.100 0.225 0.220 5025 NWP 0.220 UNCH 925 0.220 77.4
0.405 0.160 0.295 0.235 7943 SNC 0.265 0.040 475.9 0.271 11.88 17.5 0.740 0.492 0.740 0.720 4944 NYLEX 0.725 0.020 2491.8 0.733 10.07 2.76 140.9
2.682 2.175 2.330 2.310 7103 SPRITZER 2.320 UNCH 484.4 2.326 12.50 2.37 417.9 1.340 0.858 1.320 1.310 7140 OKA 1.320 0.010 140.7 1.319 9.31 3.79 211.2
1.500 0.990 1.190 1.160 7186 SWSCAP 1.160 UNCH 245.5 1.176 44.79 0.86 169.2 1.150 0.865 1.000 0.975 5065 ORNA 0.980 -0.020 45.9 0.986 9.20 3.06 73.7
0.680 0.500 0.665 0.650 7082 SYF 0.655 UNCH 2277.7 0.655 10.25 1.53 401.8 0.095 0.050 0.070 0.070 7225 PA 0.070 UNCH 32.6 0.070 66.3
0.425 0.280 0.400 0.390 7211 TAFI 0.390 -0.020 108.5 0.399 31.2 7.300 5.887 7.250 7.200 5183 PCHEM 7.220 0.010 7631.4 7.220 22.01 2.35 57,760.0
2.489 1.680 1.720 1.710 4405 TCHONG 1.710 -0.010 110.9 1.711 2.34 1,149.1 2.045 1.472 1.600 1.580 5271 PECCA 1.590 0.010 12.9 1.587 16.84 2.52 298.9
1.402 0.650 0.805 0.780 7200 TEKSENG 0.790 0.010 8748.3 0.798 4.80 2.53 275.0 0.801 0.565 0.655 0.650 9997 PENSONI 0.655 -0.005 83 0.654 10.22 4.58 84.9
1.383 0.955 1.200 1.150 7252 TEOSENG 1.150 -0.050 647.5 1.170 15.13 2.17 345.0 7.060 5.051 6.990 6.800 5436 PERSTIM 6.990 0.040 12.8 6.936 13.24 5.72 694.1
1.476 1.201 9369 TGL 1.400 19.15 5.36 57.0 0.150 0.050 0.070 0.060 5146 PERWAJA 0.065 UNCH 1994.5 0.065 36.4
0.560 0.400 0.435 0.435 7230 TOMEI 0.435 0.015 4 0.435 8.38 60.3 22.350 19.900 20.620 20.440 6033 PETGAS 20.600 0.120 1221.4 20.583 24.15 2.91 40,761.9
0.560 0.420 0.530 0.520 7176 TPC 0.530 0.010 325.9 0.523 28.34 123.9 6.934 3.510 4.980 4.850 3042 PETRONM 4.960 0.130 132.4 4.924 9.48 4.03 1,339.2
7.264 4.430 5.570 5.450 4588 UMW 5.520 0.040 318.9 5.518 3.62 6,449.0 2.731 1.630 1.980 1.950 7095 PIE 1.950 UNCH 539.7 1.962 26.49 1.23 748.9
2.320 1.843 2.240 2.200 7757 UPA 2.240 0.020 3.3 2.224 13.33 4.02 178.3 1.700 0.881 1.680 1.660 7172 PMBTECH 1.680 UNCH 35.6 1.673 14.92 2.38 134.4
0.995 0.641 0.880 0.860 7203 WANGZNG 0.880 0.020 52 0.861 9.99 2.84 140.8 2.310 0.663 2.310 2.250 8869 PMETAL 2.290 0.050 5634.6 2.289 20.93 1.61 8,477.4
0.060 0.020 0.035 0.030 5156 XDL 0.035 0.005 16087.5 0.030 31.82 94.3 0.545 0.430 6637 PNEPCB 0.500 19.76 65.7
0.480 0.360 7121 XIANLNG 0.400 29.1 0.400 0.270 8117 POLY 0.290 39.73 46.4
0.447 0.075 0.090 0.085 5155 XINQUAN 0.085 -0.005 1451 0.089 21.53 41.2 1.070 0.825 0.960 0.950 8273 PPHB 0.955 -0.005 37.5 0.956 6.59 105.0
2.680 2.043 2.620 2.590 5584 YEELEE 2.600 UNCH 794.6 2.605 11.07 1.35 492.5 0.365 0.300 9458 PREMIER 0.325 65.00 109.5
1.360 0.480 7184 YEN 1.090 149.9 1.039 0.392 0.940 0.920 9873 PRESTAR 0.925 -0.005 1931.8 0.927 7.42 2.16 180.1
1.347 0.866 1.120 1.110 5159 YOCB 1.120 0.010 16.5 1.119 8.54 3.57 179.2 0.895 0.635 0.880 0.870 7168 PRG 0.880 0.020 6 0.878 26.83 0.57 262.4
2.713 1.800 2.090 2.080 7178 YSPSAH 2.080 UNCH 92 2.080 12.71 3.13 280.1 0.135 0.085 0.110 0.105 7123 PWORTH 0.110 UNCH 6098.4 0.110 91.67 79.1
1.532 1.190 1.460 1.430 5131 ZHULIAN 1.450 0.020 230.6 1.441 16.02 4.14 667.0 1.640 1.100 1.200 1.110 7544 QUALITY 1.200 UNCH 22 1.175 8.05 69.6
INDUSTRIAL PRODUCTS 0.930 0.660 7498 RALCO 0.730 30.6
1.438 0.980 1.330 1.310 0012 3A 1.310 -0.020 486.8 1.324 17.75 1.37 515.6 6.150 5.450 5.730 5.600 7765 RAPID 5.720 -0.020 9.1 5.698 500.3
0.125 0.085 7086 ABLEGRP 0.095 25.1 0.505 0.315 0.425 0.415 7232 RESINTC 0.415 -0.010 132 0.421 11.76 2.89 56.9
0.530 0.470 7061 ABRIC 0.505 74.3 0.844 0.715 0.775 0.765 7803 RUBEREX 0.770 0.005 136.5 0.768 10.43 2.60 176.5
0.305 0.200 7131 ACME 0.210 45.9 4.400 3.456 4.280 4.210 5134 SAB 4.260 -0.120 43 4.269 20.04 1.17 583.3
0.955 0.630 0.670 0.655 7191 ADVENTA 0.670 0.015 30 0.660 155.81 102.4 7.980 4.880 5.610 5.400 9822 SAM 5.470 0.060 144.8 5.551 10.68 2.73 688.6
2.766 1.776 2.350 2.220 9148 ADVPKG 2.230 0.010 10.1 2.231 16.30 5.38 45.7 1.034 0.827 7811 SAPIND 0.940 8.92 6.38 68.4
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
 T U ESDAY F EB RUARY 14, 2 0 17 TH EEDGE F I N AN C I AL DAI LY
26 Markets T UE

BURSA MAL AYSIA MAIN MARKET

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
1.627 1.010 1.120 1.090 5170 SCABLE 1.100 -0.010 973.9 1.102 13.13 5.45 348.8 0.479 0.395 0.435 0.425 9318 FITTERS 0.430 UNCH 1843.7 0.427 47.78 1.40 206.6 0
3.585 2.697 3.400 3.360 7247 SCGM 3.380 -0.020 142.9 3.374 20.57 2.66 446.2 1.311 1.100 1.180 1.170 7210 FREIGHT 1.170 -0.010 9 1.177 10.56 4.27 217.8 1
0.895 0.520 0.595 0.590 9237 SCIB 0.595 UNCH 6.4 0.592 43.8 0.220 0.125 0.220 0.210 0128 FRONTKN 0.215 0.005 19410.6 0.215 25.00 226.5 0
7.090 5.921 6.960 6.890 4731 SCIENTX 6.890 -0.070 166 6.916 15.34 2.32 3,193.9 0.290 0.110 9377 FSBM 0.200 27.8 0
0.360 0.250 0.320 0.310 7239 SCNWOLF 0.310 UNCH 205.2 0.311 27.1 2.800 2.170 2.750 2.730 5209 GASMSIA 2.730 UNCH 875.6 2.733 28.32 3.21 3,505.3 0
0.525 0.135 0.525 0.495 7366 SCOMIEN 0.505 -0.005 1743 0.509 172.8 1.760 1.452 1.650 1.630 0078 GDEX 1.630 -0.010 590.4 1.637 59.49 0.61 2,258.2 0
1.063 0.660 0.935 0.920 7073 SEACERA 0.930 UNCH 146.7 0.924 27.35 3.23 219.4 5.140 4.016 5.140 5.050 4715 GENM 5.070 0.010 5435.4 5.090 18.72 1.44 30,105.9 1
0.280 0.140 0.185 0.170 5145 SEALINK 0.180 0.010 497.6 0.176 90.0 9.850 7.550 8.720 8.540 3182 GENTING 8.710 0.030 4684.9 8.692 24.15 0.40 32,662.7 1
0.450 0.250 0.450 0.430 5163 SEB 0.445 0.015 166.4 0.443 35.6 3.130 1.133 2.920 2.840 3204 GKENT 2.850 -0.080 2367.6 2.865 13.55 2.74 1,070.2 1
3.510 1.990 3.140 3.080 4324 SHELL 3.130 0.030 607.2 3.115 4.25 939.0 0.510 0.300 0.490 0.460 7676 GUNUNG 0.480 UNCH 200.5 0.475 113.3 1
0.556 0.395 0.455 0.445 5181 SIGGAS 0.450 0.005 384.5 0.450 20.64 2.67 84.4 4.500 2.255 4.490 4.430 7668 HAIO 4.490 0.090 189.4 4.461 18.66 3.56 907.8 2
0.795 0.500 0.720 0.720 7115 SKBSHUT 0.720 -0.075 1 0.720 82.76 28.8 0.070 0.060 7110 HAISAN 0
1.440 1.083 1.370 1.340 7155 SKPRES 1.350 0.010 3358.5 1.353 17.69 2.59 1,598.4 0.315 0.200 0.260 0.250 7253 HANDAL 0.260 0.010 81 0.252 41.6 1
3.046 1.916 7248 SLP 2.430 24.67 1.23 601.0 9.420 6.884 9.250 9.180 3034 HAPSENG 9.210 0.090 349 9.202 21.82 3.80 22,930.0 0
0.740 0.585 0.640 0.610 7132 SMISCOR 0.640 UNCH 35 0.611 3.91 28.7 1.315 0.755 0.885 0.870 2062 HARBOUR 0.885 0.015 240.5 0.876 6.48 2.26 354.4 1
1.430 0.690 1.380 1.340 5665 SSTEEL 1.380 0.030 247.1 1.363 583.3 3.720 2.665 5008 HARISON 3.350 13.09 4.48 229.4 0
0.415 0.065 0.100 0.100 7143 STONE 0.100 -0.005 190.1 0.100 9.0 0.300 0.100 0.180 0.145 7013 HUBLINE 0.150 -0.050 84013.2 0.160 94.9 2
1.800 1.360 1.390 1.390 6904 SUBUR 1.390 -0.010 1 1.390 290.5 0.480 0.295 0.460 0.455 5255 ICON 0.460 0.005 4555.8 0.457 541.5 0
2.490 1.535 2.490 2.390 7207 SUCCESS 2.490 0.100 169.4 2.451 9.42 2.01 305.5 6.759 6.150 6.340 6.240 5225 IHH 6.250 -0.020 3795.8 6.264 48.00 0.48 51,448.3 0
2.610 1.653 2.610 2.530 7235 SUPERLN 2.570 0.030 423.8 2.565 10.68 1.95 205.6 0.920 0.725 0.870 0.825 5614 ILB 0.870 0.045 24.2 0.857 2.87 154.9 0
3.148 1.992 2.100 2.070 7106 SUPERMX 2.100 0.010 827.5 2.085 18.97 2.86 1,428.3 1.046 0.745 0.780 0.775 5673 IPMUDA 0.775 -0.020 2 0.778 3.87 56.2 0
4.626 3.365 4.200 4.170 5012 TAANN 4.180 -0.020 658.7 4.181 12.08 2.19 1,859.4 2.170 1.340 2.170 2.050 0058 JCBNEXT 2.170 0.130 84.5 2.109 31.18 1.61 303.8 0
0.545 0.276 0.400 0.395 4022 TADMAX 0.400 0.005 150.3 0.399 195.9 0.300 0.210 0.280 0.280 8923 JIANKUN 0.280 UNCH 230.5 0.280 42.5 1
0.555 0.235 0.365 0.335 5149 TAS 0.365 0.035 1546.2 0.352 65.7 0.430 0.295 0.330 0.330 8672 KAMDAR 0.330 UNCH 7.7 0.330 65.3 0
15.100 12.500 13.280 13.260 4448 TASEK 13.280 0.060 1.6 13.273 24.20 7.53 1,641.7 0.380 0.180 0.200 0.200 5079 KBES 0.200 UNCH 10 0.200 25.2 1
14.940 14.000 4448P TASEK-PA 14.000 7.86 4.7 1.897 1.649 1.840 1.840 6491 KFIMA 1.840 0.010 55 1.840 8.62 4.89 519.3 0
0.190 0.090 0.130 0.130 5178 TATGIAP 0.130 UNCH 114 0.130 20.2 0.415 0.226 0.415 0.395 0151 KGB 0.400 0.005 7255.5 0.405 1.25 89.0 1
0.500 0.220 7097 TAWIN 0.420 27.0 1.457 1.020 1.250 1.170 5035 KNUSFOR 1.240 0.150 23 1.216 1.61 123.6 2
2.920 1.020 2.250 2.230 7439 TECGUAN 2.240 0.030 56.5 2.236 7.95 89.8 4.328 4.040 4.150 4.140 5878 KPJ 4.150 -0.030 98.6 4.149 35.50 1.58 4,414.6 2
0.851 0.595 0.740 0.730 9741 TECNIC 0.735 -0.010 87.1 0.740 29.7 1.380 0.923 1.260 1.250 5843 KPS 1.260 0.010 139.5 1.254 5.07 3.17 628.7 0
0.415 0.285 0.380 0.345 6378 TEKALA 0.380 0.035 28.1 0.360 58.1 0.650 0.485 0.535 0.525 9121 KPSCB 0.530 -0.005 55.7 0.530 4.83 78.3 1
4.550 2.779 4.480 4.390 7034 TGUAN 4.450 0.070 989.2 4.414 7.98 1.35 532.0 0.220 0.115 0.155 0.150 4847 KTB 0.155 UNCH 298 0.155 62.4 0
2.499 1.517 2.030 2.000 7374 TIENWAH 2.000 -0.010 106.6 2.014 8.54 7.85 289.5 0.460 0.242 0.450 0.440 6874 KUB 0.450 0.010 2439.3 0.447 11.39 1.11 250.4 0
0.690 0.560 7854 TIMWELL 0.640 57.0 0.380 0.250 0.325 0.315 7170 LFECORP 0.315 -0.005 289.6 0.320 30.88 57.2 1
2.020 1.521 1.760 1.730 7285 TOMYPAK 1.730 UNCH 63.8 1.747 12.72 4.62 285.6 0.735 0.420 0.480 0.455 8486 LIONFIB 0.470 -0.010 37 0.473 108.8 1
2.160 1.707 2.160 2.140 5010 TONGHER 2.140 0.010 12 2.143 13.41 7.01 336.9 1.849 1.376 1.590 1.570 5143 LUXCHEM 1.580 0.020 103.2 1.584 9.31 4.43 435.1 0
5.718 4.130 5.160 5.110 7113 TOPGLOV 5.140 -0.010 682.5 5.131 21.06 2.82 6,452.3 2.455 2.080 2.210 2.180 3859 MAGNUM 2.210 0.030 470.4 2.196 17.09 6.11 3,177.4 1
0.680 0.495 0.560 0.560 7173 TOYOINK 0.560 UNCH 40 0.560 23.93 59.9 1.756 1.260 1.290 1.270 5264 MALAKOF 1.280 UNCH 4279.7 1.280 2.61 4.30 6,400.0 1
0.270 0.145 0.185 0.180 4359 TURIYA 0.185 -0.005 72 0.181 42.3 0.170 0.145 0.160 0.155 3514 MARCO 0.160 UNCH 296.9 0.158 9.94 4.38 168.7 0
1.850 1.353 1.800 1.790 7100 UCHITEC 1.800 UNCH 287.2 1.799 12.61 6.11 798.7 6.430 5.225 6.430 6.330 6012 MAXIS 6.410 0.060 8312.5 6.411 23.92 3.12 48,141.2 1
6.754 3.331 4.440 4.350 7133 ULICORP 4.410 -0.060 257.2 4.413 17.17 2.72 640.3 1.000 0.510 0.770 0.755 5077 MAYBULK 0.760 -0.010 694.1 0.759 760.0 1
1.460 0.890 1.270 1.270 7227 UMSNGB 1.270 UNCH 1 1.270 9.22 2.36 101.6 2.670 1.927 2.410 2.350 5983 MBMR 2.350 0.010 6.9 2.381 13.21 2.55 918.6 0
1.700 0.610 1.380 1.360 4995 VERSATL 1.370 -0.010 1177.6 1.371 160.8 1.520 0.900 1.420 1.390 7189 MBWORLD 1.400 -0.050 25 1.404 197.18 133.9 2
1.650 1.130 1.650 1.600 6963 VS 1.620 0.020 8900.6 1.629 20.69 2.55 1,922.1 1.471 1.000 1.070 1.050 4502 MEDIA 1.070 0.020 1383.6 1.062 8.41 1,186.8 1
0.935 0.631 0.890 0.880 5142 WASEONG 0.885 0.005 1062.8 0.884 1.69 685.8 0.757 0.590 0.630 0.625 5090 MEDIAC 0.625 0.005 13 0.629 12.53 6.85 1,054.5 0
0.485 0.290 0.415 0.380 7226 WATTA 0.410 0.030 496.1 0.402 34.6 0.780 0.550 0.620 0.620 7234 MESB 0.620 UNCH 1 0.620 23.31 26.0 1
1.960 1.402 1.930 1.890 7111 WEIDA 1.890 -0.040 561.7 1.910 8.45 1.59 252.0 2.900 1.618 2.840 2.790 3069 MFCB 2.800 -0.020 323.6 2.820 8.15 2.50 1,125.3 0
2.736 1.764 1.950 1.910 7231 WELLCAL 1.910 -0.040 242.8 1.929 20.28 4.82 633.5 1.340 0.840 1.020 0.985 5186 MHB 0.990 -0.010 1183.7 1.000 1,584.0 3
0.740 0.490 0.640 0.640 7050 WONG 0.640 -0.005 160 0.640 81.01 58.7 8.881 6.789 7.670 7.430 3816 MISC 7.610 0.010 3185.6 7.556 12.11 4.27 33,969.5 0
0.660 0.405 0.595 0.585 7025 WOODLAN 0.595 UNCH 28.8 0.589 11.53 23.8 2.450 1.580 2.370 2.340 2194 MMCCORP 2.370 0.030 599.9 2.352 1.60 7,216.8 0
2.287 1.882 2.030 2.030 5009 WTHORSE 2.030 -0.010 2 2.030 10.44 4.93 487.2 0.432 0.205 0.300 0.285 0059 MMODE 0.300 0.010 292 0.288 2.00 48.8 1
1.438 0.980 1.050 1.030 4243 WTK 1.030 -0.010 765.4 1.037 12.55 2.42 495.8 0.100 0.060 0.100 0.085 0043 MTRONIC 0.090 0.005 40112.8 0.092 7.76 68.3 0
1.190 0.830 1.190 1.150 7245 WZSATU 1.190 0.020 838.8 1.166 15.18 1.68 415.1 0.195 0.115 0.160 0.150 3891 MUIIND 0.155 UNCH 532.1 0.154 454.5 0
1.080 0.780 0.835 0.830 5048 YILAI 0.830 0.005 30.8 0.831 17.36 132.8 0.299 0.195 0.265 0.250 3905 MULPHA 0.260 0.010 4986.7 0.260 23.42 831.0 2
0.400 0.160 0.275 0.275 7020 YKGI 0.275 -0.005 707.3 0.275 76.39 95.8 1.670 1.385 1.630 1.610 0138 MYEG 1.610 0.010 14240.6 1.615 37.35 0.75 5,806.2 3
0.750 0.380 0.505 0.480 7014 YLI 0.480 UNCH 287 0.493 15.48 49.4 0.510 0.305 0.475 0.460 9806 NATWIDE 0.475 0.015 48.1 0.462 57.1 1
CONSTRUCTION 0.115 0.065 0.100 0.095 4464 NICORP 0.095 -0.005 1639.3 0.097 2.60 82.0 1
0.460 0.280 0.400 0.360 7007 ARK 0.400 UNCH 0.6 0.367 19.5 0.878 0.640 0.695 0.695 5533 OCB 0.695 0.005 3.9 0.695 12.92 1.44 71.5 0
0.752 0.553 0.670 0.660 7078 AZRB 0.670 0.005 360.8 0.666 13.29 2.99 324.0 0.860 0.671 0.830 0.825 0172 OCK 0.825 UNCH 2682.3 0.826 15.51 0.73 719.0 1
0.735 0.586 0.730 0.710 6173 BDB 0.725 0.010 373.8 0.720 7.76 5.52 220.3 1.995 1.308 1.900 1.880 5201 OLDTOWN 1.890 -0.010 211.3 1.893 15.11 3.17 875.5 0
0.537 0.351 0.525 0.515 5190 BENALEC 0.520 0.005 3172.2 0.520 18.12 1.35 422.1 0.115 0.070 0.115 0.110 3018 OLYMPIA 0.110 UNCH 859 0.111 112.6 1
0.510 0.360 0.465 0.445 5932 BPURI 0.455 0.010 1051 0.455 113.4 2.540 1.890 2.100 2.040 5260 OWG 2.070 -0.010 339.2 2.066 43.04 502.8 0
0.911 0.790 0.835 0.815 8761 BREM 0.835 0.005 40.2 0.826 31.51 3.45 288.5 0.459 0.390 0.425 0.420 8419 PANSAR 0.425 -0.005 60 0.423 13.24 4.71 119.0 1
0.975 0.805 0.940 0.930 8591 CRESBLD 0.940 0.010 27.5 0.931 4.26 166.3 0.495 0.435 0.475 0.465 5125 PANTECH 0.470 UNCH 560.1 0.470 12.91 3.30 347.6 0
1.808 1.460 1.650 1.650 7528 DKLS 1.650 -0.100 2 1.650 7.16 1.82 153.0 1.057 0.610 0.650 0.630 5657 PARKSON 0.635 -0.010 1128.6 0.638 694.6 3
2.030 0.958 1.990 1.950 5253 ECONBHD 1.970 UNCH 252.2 1.963 15.18 2.03 1,054.0 1.274 1.013 1.240 1.210 5041 PBA 1.220 UNCH 135.2 1.224 7.52 3.07 404.1 0
2.880 0.998 2.870 2.850 8877 EKOVEST 2.850 0.020 1053.7 2.853 12.66 1.05 2,438.0 0.135 0.055 0.080 0.075 6254 PDZ 0.075 -0.005 3295.4 0.075 65.2 0
0.625 0.482 0.620 0.610 7047 FAJAR 0.615 0.005 2790.8 0.617 16.67 4.07 223.1 1.304 0.881 1.010 0.990 5133 PENERGY 1.000 0.015 800.2 1.005 3.00 321.8 5
1.305 0.885 1.100 1.080 9261 GADANG 1.080 -0.010 3688.4 1.084 6.57 2.59 699.0 1.550 1.540 7108 PERDANA 1.540 1,198.8 3
4.970 4.243 4.970 4.920 5398 GAMUDA 4.950 0.010 10859.4 4.954 19.05 2.42 12,004.9 0.295 0.040 0.075 0.070 0047 PERISAI 0.075 -0.005 16724.5 0.075 94.6 1
1.200 0.800 1.010 0.990 5226 GBGAQRS 1.000 0.010 1681.3 1.003 24.51 390.9 0.220 0.115 0.190 0.180 7080 PERMAJU 0.185 -0.005 591 0.185 36.2 3
0.965 0.710 0.870 0.855 5169 HOHUP 0.860 0.005 823.1 0.862 3.94 322.4 1.730 1.413 1.700 1.680 5219 PESTECH 1.690 0.010 315.2 1.693 29.60 1.04 1,290.1 0
2.103 1.580 1.690 1.670 6238 HSL 1.670 UNCH 79.2 1.672 13.82 1.44 973.1 25.142 21.786 24.480 24.100 5681 PETDAG 24.280 0.240 258.9 24.297 32.50 2.47 24,121.1 0
3.534 3.043 3.450 3.430 3336 IJM 3.440 UNCH 5507.7 3.440 21.26 2.03 12,408.8 0.250 0.030 7027 PETONE 0.055 2.8 7
0.804 0.565 0.615 0.605 5268 IKHMAS 0.610 0.005 298.2 0.609 19.68 1.64 317.2 6.106 4.950 5.150 5.150 7081 PHARMA 5.150 -0.110 0.1 5.150 21.34 3.88 1,335.8 0
0.710 0.480 0.655 0.650 8834 IREKA 0.655 -0.005 2 0.653 111.9 0.215 0.125 0.195 0.180 7201 PICORP 0.190 -0.005 1469.1 0.187 3.21 125.0 1
1.370 0.805 1.370 1.300 4723 JAKS 1.370 0.080 6222.8 1.347 11.13 600.6 0.370 0.205 7163 PJBUMI 0.240 12.0 0
0.380 0.195 0.365 0.365 9083 JETSON 0.365 -0.005 76 0.365 68.6 4.260 1.968 4.260 4.100 4634 POS 4.260 0.100 1314.3 4.180 30.56 2.75 3,334.6 0
2.487 1.612 2.390 2.310 7161 KERJAYA 2.380 0.070 1043 2.364 6.47 1.68 1,215.2 3.020 1.690 2.270 2.240 5204 PRESBHD 2.270 0.030 579.7 2.252 103.65 1.43 1,098.7 0
2.260 1.414 2.180 2.150 5171 KIMLUN 2.150 -0.020 1030.9 2.172 8.23 2.70 667.1 2.630 1.640 1.920 1.880 8346 PRKCORP 1.920 -0.020 24.6 1.897 192.0 1
1.540 1.010 9628 LEBTECH 1.510 206.1 0.210 0.155 0.170 0.165 0186 PTRANS 0.165 -0.005 1376.9 0.165 188.6 1
1.270 0.660 0.875 0.870 5129 MELATI 0.875 0.005 50.3 0.870 3.53 2.00 105.0 1.100 0.756 0.825 0.820 5272 RANHILL 0.825 0.005 413.4 0.823 10.83 4.61 732.9 1
0.385 0.240 5006 MERGE 0.320 3200.00 21.4 0.355 0.150 0.355 0.345 0037 RGB 0.350 UNCH 11858.1 0.349 17.33 1.43 465.4 2
1.470 1.060 1.280 1.260 9571 MITRA 1.260 -0.010 1032.7 1.268 8.48 3.97 843.9 0.450 0.315 0.340 0.330 8885 RPB 0.340 0.005 27.3 0.330 291.9 1
0.895 0.465 7595 MLGLOBAL 0.865 7.46 317.1 0.665 0.528 0.665 0.620 8567 SALCON 0.650 0.055 15711.6 0.639 3.08 440.5 1
0.440 0.230 0.380 0.370 5924 MTDACPI 0.370 UNCH 394.9 0.372 336.36 85.7 1.750 0.606 1.710 1.690 5147 SAMCHEM 1.700 -0.020 229 1.700 29.88 2.65 231.2 1
1.450 0.725 0.895 0.880 5085 MUDAJYA 0.895 UNCH 141.3 0.886 494.4 0.165 0.105 0.155 0.155 9113 SANBUMI 0.155 -0.005 90.7 0.155 35.1 0
2.500 2.074 2.470 2.450 5703 MUHIBAH 2.450 -0.030 468.7 2.453 12.44 2.04 1,181.2 2.372 1.954 2.210 2.190 0099 SCICOM 2.200 UNCH 419.7 2.199 17.67 4.09 782.0 MINI
0.695 0.322 0.680 0.675 8311 PESONA 0.680 UNCH 1369.3 0.679 24.73 1.47 445.2 0.220 0.090 0.200 0.185 7158 SCOMI 0.185 -0.010 10080.9 0.193 354.7 1
1.590 1.140 1.520 1.480 7055 PLB 1.520 UNCH 6 1.487 0.66 138.7 0.270 0.130 0.270 0.265 7045 SCOMIES 0.265 0.005 3349.4 0.265 620.6 PLAN
1.389 1.220 1.250 1.220 5070 PRTASCO 1.230 UNCH 755.6 1.231 8.27 5.69 522.4 1.263 0.972 1.050 1.050 7053 SEEHUP 1.050 -0.020 10 1.050 4.80 6.86 54.9 0
0.145 0.095 0.145 0.135 7145 PSIPTEK 0.135 UNCH 2526.8 0.139 10.38 42.8 1.177 0.959 9792 SEG 1.130 38.83 11.50 845.4 19
3.653 3.013 3.560 3.520 9598 PTARAS 3.540 UNCH 8 3.543 23.68 5.65 579.8 1.970 1.303 1.550 1.510 5250 SEM 1.510 -0.040 2740.7 1.520 31.59 1.52 1,862.4 9
0.763 0.405 0.725 0.715 5205 SENDAI 0.720 0.010 5965.7 0.720 0.69 557.3 1.590 1.510 1.570 1.520 5279 SERBADK 1.560 0.030 16656.8 1.555 2,082.6 1
1.780 1.318 1.730 1.700 5263 SUNCON 1.720 UNCH 3292.8 1.709 18.40 2.62 2,223.8 9.270 6.918 9.070 9.000 4197 SIME 9.070 0.080 8134.2 9.042 22.18 2.98 61,683.6 0
0.395 0.300 0.375 0.360 9717 SYCAL 0.365 -0.015 448.2 0.364 17.46 116.9 0.930 0.660 9431 SJC 0.700 19.23 1.43 28.4 8
0.513 0.332 0.425 0.420 5054 TRC 0.420 -0.005 142.9 0.420 6.82 1.55 201.8 2.180 1.290 1.870 1.840 5218 SKPETRO 1.860 0.010 15669.7 1.857 0.73 11,145.4 0
2.400 1.170 1.940 1.910 5622 TRIPLC 1.930 -0.040 25.2 1.924 5.78 131.1 1.479 1.230 1.350 1.300 5242 SOLID 1.330 UNCH 40.3 1.310 54.29 0.98 221.4 8
0.610 0.430 0.500 0.485 5042 TSRCAP 0.500 UNCH 41.9 0.487 15.67 87.2 2.607 2.220 2.430 2.410 6084 STAR 2.430 0.030 51.7 2.420 14.97 7.41 1,794.7 2
0.130 0.072 0.110 0.100 7070 VIZIONE 0.110 0.005 13754.3 0.105 110.00 96.2 2.600 2.242 2.600 2.550 9865 SUIWAH 2.600 0.020 3 2.588 16.65 1.35 158.6 11
1.300 0.880 1.300 1.270 3565 WCEHB 1.290 0.020 2082.6 1.288 70.49 1,293.5 0.140 0.045 0.090 0.085 1201 SUMATEC 0.085 UNCH 31620.4 0.085 12.32 328.6 0
1.980 1.392 1.900 1.840 9679 WCT 1.900 0.040 1586.3 1.873 18.68 1.58 2,398.8 2.320 1.793 2.030 2.010 6521 SURIA 2.020 -0.010 43.2 2.027 11.65 3.47 582.1 1
0.855 0.550 0.575 0.570 7028 ZECON 0.570 -0.010 7.1 0.574 1.88 67.9 0.420 0.245 0.310 0.300 5173 SYSCORP 0.300 -0.005 85 0.305 103.45 360.0 0
0.250 0.100 0.155 0.145 2283 ZELAN 0.150 UNCH 3280.5 0.149 126.7 0.370 0.275 0.330 0.325 7228 T7GLOBAL 0.325 -0.005 214.3 0.330 124.0 2
TRADING SERVICES 1.540 1.191 1.540 1.510 8524 TALIWRK 1.530 0.020 1674.9 1.531 19.90 5.23 1,850.5 3
0.495 0.225 0.415 0.410 5238 AAX 0.415 0.005 6219.5 0.413 4.15 1,721.5 1.650 1.372 1.650 1.630 5140 TASCO 1.650 0.050 660.1 1.641 10.46 2.73 330.0 0
0.335 0.165 0.185 0.175 5166 AEGB 0.175 -0.005 1707 0.181 57.14 71.7 14.666 13.000 13.660 13.480 5347 TENAGA 13.660 0.160 7473.2 13.535 10.81 2.34 77,210.9 1
3.000 2.290 2.350 2.290 6599 AEON 2.290 -0.050 306.6 2.307 35.12 1.75 3,215.2 1.732 1.370 8702 TEXCHEM 1.470 13.61 182.4 4
0.245 0.160 0.205 0.195 7315 AHB 0.195 UNCH 672.8 0.198 17.57 31.2 0.240 0.060 0.165 0.155 7206 THHEAVY 0.155 -0.005 3664.7 0.158 173.8 25
3.300 1.306 2.680 2.620 5099 AIRASIA 2.660 0.010 9500.5 2.652 3.48 1.50 8,889.7 6.840 5.810 6.200 6.100 4863 TM 6.160 0.020 4616.1 6.157 28.49 3.47 23,148.9 3
7.300 5.599 6.700 6.600 5014 AIRPORT 6.690 0.090 2223.4 6.676 1.27 11,100.0 0.990 0.630 0.950 0.940 0101 TMCLIFE 0.945 UNCH 198.8 0.943 83.63 0.13 1,640.1 3
0.410 0.185 0.345 0.300 5115 ALAM 0.335 0.040 24637.4 0.329 309.7 1.760 1.153 1.730 1.690 8397 TNLOGIS 1.700 -0.020 1280.9 1.715 7.44 2.94 721.4 0
0.270 0.075 0.110 0.105 0159 AMEDIA 0.105 -0.005 1455.9 0.105 25.1 0.890 0.330 0.850 0.850 7218 TOCEAN 0.850 -0.040 15 0.850 101.19 34.8 1
9.528 7.400 7.580 7.580 6351 AMWAY 7.580 0.050 1 7.580 25.84 3.30 1,246.0 4.000 2.520 5711 TSTORE 3.630 1.03 248.7 1
2.420 2.030 2.360 2.340 7083 ANALABS 2.340 UNCH 12.5 2.353 9.77 1.39 140.5 0.977 0.760 0.805 0.800 5167 TURBO 0.800 UNCH 10 0.803 28.17 6.25 86.4 0
0.230 0.025 0.045 0.045 5194 APFT 0.045 UNCH 10399.3 0.045 21.5 3.000 2.490 2.880 2.720 7137 UMS 2.880 0.130 126.1 2.770 14.19 2.08 117.2 2
1.046 0.500 0.690 0.670 5210 ARMADA 0.680 0.020 88829.9 0.678 1.21 3,989.1 1.100 0.675 0.715 0.705 5243 UMWOG 0.710 UNCH 4102.6 0.710 1,535.0 4
0.150 0.100 0.120 0.120 1481 ASB 0.120 UNCH 112.1 0.120 2.08 79.7 1.228 1.006 1.100 1.100 7091 UNIMECH 1.100 0.010 5.5 1.100 13.75 3.03 143.1 0
2.946 2.463 2.830 2.770 6399 ASTRO 2.790 -0.010 3717.1 2.795 21.28 4.90 14,534.6 0.600 0.365 0.430 0.430 5754 UTUSAN 0.430 0.010 10 0.430 47.6 1
5.093 4.021 4.880 4.880 7048 ATLAN 4.880 0.100 1 4.880 23.02 4.61 1,237.8 2.040 1.300 1.760 1.730 7250 UZMA 1.730 -0.050 19.5 1.745 13.96 503.3 0
1.100 0.393 1.040 1.010 7579 AWC 1.020 -0.020 3403.4 1.017 12.30 0.98 269.6 0.815 0.630 0.680 0.640 7240 VOIR 0.680 0.020 16 0.648 62.96 89.8 4
5.933 4.110 5.090 5.000 6888 AXIATA 5.050 0.040 10410.4 5.053 34.78 3.37 45,306.3 2.424 1.680 5016 WARISAN 1.810 3.59 121.6 3
0.407 0.230 0.360 0.345 5021 AYS 0.350 -0.005 547.6 0.350 8.10 5.23 133.1 0.515 0.410 7692 WIDETEC 0.435 15.48 19.5 0
0.815 0.605 0.680 0.660 7251 BARAKAH 0.680 0.020 2871.4 0.670 22.22 561.1 4.590 3.770 4.150 4.110 5246 WPRTS 4.120 -0.010 3768.9 4.124 22.85 3.40 14,049.2 4
2.373 1.908 2.070 2.050 5248 BAUTO 2.050 -0.030 844.3 2.054 14.30 5.07 2,363.8 1.074 0.806 1.000 0.990 5267 XINHWA 1.000 UNCH 100 0.998 15.02 1.25 216.0 2
0.545 0.385 0.435 0.420 7241 BHS 0.435 0.015 2114.5 0.430 199.4 0.065 0.020 0.050 0.040 7122 YFG 0.045 0.005 5153.9 0.045 27.4 0
0.325 0.170 0.250 0.240 6998 BINTAI 0.250 UNCH 413.4 0.245 53.6 3.180 2.499 3.180 3.130 7293 YINSON 3.150 0.020 1135.7 3.160 17.56 0.63 3,442.3 1
6.912 6.180 6.300 6.300 5032 BIPORT 6.300 0.120 20.4 6.300 19.48 3.81 2,898.0 1.370 0.755 1.300 1.260 7066 YONGTAI 1.290 0.030 1356 1.287 21.64 561.3 1
2.000 1.065 1.890 1.860 5275 BISON 1.860 -0.020 41.7 1.881 27.51 576.7 1.715 1.433 1.550 1.530 4677 YTL 1.550 0.020 2976.1 1.541 18.70 6.13 16,911.4 2
0.427 0.306 0.395 0.380 3395 BJCORP 0.385 -0.010 24764 0.387 1,895.6 FINANCE 6
2.114 1.222 1.760 1.750 5196 BJFOOD 1.760 0.010 45.3 1.752 34.85 3.13 665.9 16.200 10.477 16.060 15.880 5139 AEONCR 16.000 UNCH 155.2 15.994 79.60 3.76 2,304.0 28
0.740 0.560 0.600 0.600 4219 BJLAND 0.600 -0.005 105.7 0.600 3,000.2 2.540 2.053 2.510 2.480 5185 AFFIN 2.490 0.030 485.4 2.490 9.87 3.21 4,837.9 HOTE
0.445 0.205 6025 BJMEDIA 0.270 63.5 4.197 3.169 3.900 3.860 2488 AFG 3.870 UNCH 3062.5 3.877 11.12 3.88 5,991.2 0
3.333 2.763 3.000 2.970 1562 BJTOTO 2.980 -0.010 947.8 2.985 14.02 5.70 4,026.1 11.620 9.492 11.620 11.600 1163 ALLIANZ 11.600 -0.020 3.6 11.615 6.37 0.78 2,015.0 0
0.200 0.145 0.175 0.165 7036 BORNOIL 0.175 0.005 21114.7 0.170 13.06 530.0 11.220 9.464 1163PA ALLIANZ-PA 11.220 0.96 983.4 0
1.070 0.645 0.830 0.745 9474 BRAHIMS 0.820 0.085 781.6 0.793 193.8 4.680 3.855 4.600 4.550 1015 AMBANK 4.580 0.030 2213.4 4.569 10.96 3.38 13,805.0 5
2.760 1.749 2.760 2.730 2771 BSTEAD 2.760 0.010 210.6 2.749 25.77 5.52 5,594.5 1.766 1.300 1.330 1.330 5088 APEX 1.330 -0.080 0.2 1.330 19.28 3.76 284.0 TECH
0.530 0.280 0.355 0.350 5257 CARIMIN 0.350 0.010 163 0.351 54.69 81.9 4.500 3.307 4.500 4.290 5258 BIMB 4.400 0.120 969.1 4.385 11.90 2.95 7,206.1 0
2.000 1.300 5245 CARING 1.360 37.78 1.10 296.1 9.430 7.998 8.780 8.720 1818 BURSA 8.740 -0.010 1910.9 8.741 24.21 4.00 4,687.0 0
3.774 2.850 3.120 3.070 2925 CCB 3.070 -0.030 38.8 3.098 6.49 1.63 309.3 5.190 3.868 5.190 5.110 1023 CIMB 5.170 0.090 17997.9 5.167 12.61 3.68 45,849.5 0
1.044 0.744 0.920 0.905 7117 CENTURY 0.905 UNCH 1496 0.912 17.01 4.42 349.8 0.420 0.310 0.370 0.345 2143 ECM 0.365 UNCH 5.5 0.361 82.95 104.6 0
0.489 0.372 7209 CHEETAH 0.415 61.94 1.81 53.0 1.195 1.111 1.150 1.140 5228 ELKDESA 1.140 -0.010 73.7 1.143 10.09 5.92 277.2 0
0.560 0.385 0.485 0.480 7016 CHUAN 0.480 UNCH 65 0.483 14.50 81.0 13.500 12.649 13.340 13.280 5819 HLBANK 13.300 0.040 1156.3 13.300 13.31 3.08 28,830.7 0
0.100 0.065 0.090 0.070 5104 CNI 0.080 0.010 2520.3 0.081 3.75 57.6 10.100 7.327 5274 HLCAP 9.980 36.25 1.20 2,464.0 1
0.890 0.650 0.890 0.820 5136 COMPLET 0.885 0.075 1755.5 0.866 7.15 3.39 108.4 16.148 12.653 15.300 15.080 1082 HLFG 15.300 0.220 301.7 15.257 12.72 2.48 17,557.0 1
0.055 0.030 0.040 0.035 5037 COMPUGT 0.040 UNCH 310.2 0.035 26.67 85.4 2.630 2.116 6688 HWANG 2.610 18.76 1.15 666.0 1
2.260 1.571 2.190 2.170 5184 CYPARK 2.190 0.020 70 2.181 10.77 2.28 553.9 0.885 0.627 0.885 0.855 3379 INSAS 0.875 0.020 3230.9 0.873 3.52 1.14 606.7 0
1.520 0.779 1.450 1.400 5276 DANCO 1.430 -0.010 1657.3 1.414 14.67 1.05 213.1 0.990 0.843 3379PA INSAS-PA 0.950 4.21 126.0 0
0.095 0.050 0.070 0.070 0091 DAYA 0.070 UNCH 3981.2 0.070 129.7 0.245 0.105 0.180 0.170 3441 JOHAN 0.175 UNCH 1205.2 0.174 109.0 0
1.400 0.730 1.100 1.080 5141 DAYANG 1.090 0.010 742.4 1.089 39.35 3.21 956.0 0.555 0.430 0.475 0.465 6483 KENANGA 0.475 0.005 107.3 0.473 10.63 343.2 5
1.256 0.820 1.060 1.040 5132 DELEUM 1.050 0.010 580.5 1.056 15.17 4.52 420.0 17.500 14.541 17.420 17.380 8621 LPI 17.400 UNCH 196.4 17.402 13.21 4.60 5,776.6 0
0.895 0.525 0.735 0.715 7212 DESTINI 0.720 0.005 3943.9 0.721 21.18 831.8 0.980 0.870 0.910 0.900 1198 MAA 0.900 -0.010 151 0.907 21.90 6.67 246.2 1
1.600 1.441 1.560 1.540 7277 DIALOG 1.540 -0.010 7084.3 1.546 25.37 1.43 8,345.0 3.200 2.690 3.050 3.050 1058 MANULFE 3.050 0.040 1 3.050 24.15 2.95 617.2 0
6.670 3.604 4.900 4.820 5908 DKSH 4.820 -0.040 42 4.860 16.10 1.97 759.9 8.658 7.500 8.390 8.310 1155 MAYBANK 8.350 0.050 9754.4 8.355 13.58 5.99 85,113.2 0
0.304 0.187 0.295 0.285 4456 DNEX 0.290 -0.005 7848.8 0.290 2.27 1.72 503.1 1.210 0.685 1.180 1.160 1171 MBSB 1.170 UNCH 6747.7 1.169 28.96 2.48 6,784.6 10
1.617 1.039 1.170 1.140 5216 DSONIC 1.140 -0.010 3801.4 1.150 20.50 2.63 1,539.0 2.500 1.595 2.450 2.370 6459 MNRB 2.410 -0.030 78.6 2.390 42.73 770.2 0
0.380 0.175 0.245 0.235 2097 EASTLND 0.245 0.005 75 0.239 60.2 1.560 1.160 1.510 1.490 5237 MPHBCAP 1.490 UNCH 120.1 1.498 19.84 1,065.4 9
1.239 0.445 0.705 0.695 5259 EATECH 0.695 0.005 2013.6 0.699 8.41 3.24 350.3 1.330 1.241 1.290 1.280 6009 P&O 1.280 UNCH 162.7 1.280 6.64 314.8 1
0.340 0.200 5036 EDARAN 0.260 15.6 20.280 17.841 20.240 20.160 1295 PBBANK 20.220 0.120 3981.3 20.202 15.00 2.87 78,496.8 0
0.255 0.165 0.220 0.210 7471 EDEN 0.210 -0.005 583 0.215 65.4 1.520 0.667 1.510 1.490 9296 RCECAP 1.500 UNCH 834 1.505 8.73 2.33 522.2 0
3.980 2.958 3.210 3.200 1368 EDGENTA 3.210 UNCH 0.5 3.204 29.72 4.67 2,669.5 6.217 4.514 5.250 5.100 1066 RHBBANK 5.100 -0.040 1375.1 5.179 8.78 0.98 20,451.2 0
0.324 0.220 0.270 0.260 0064 EFFICEN 0.260 0.005 608.5 0.264 4.39 184.4 0.600 0.435 0.520 0.505 4898 TA 0.515 0.005 617.8 0.512 1.07 881.6 1
0.890 0.759 5081 EIG 0.840 11.76 2.68 199.2 4.313 3.662 4.130 4.090 6139 TAKAFUL 4.100 UNCH 219 4.100 19.06 3.82 3,365.9 0
1.408 1.084 5208 EITA 1.220 10.13 3.28 158.6 1.720 1.112 1.430 1.420 5230 TUNEPRO 1.420 UNCH 826.6 1.421 12.28 3.52 1,067.5 0
1.370 1.100 1.270 1.240 5056 ENGTEX 1.270 0.020 850.9 1.250 8.01 0.59 398.9 PROPERTIES 2
0.780 0.540 0.605 0.595 6939 FIAMMA 0.600 UNCH 385.2 0.599 12.40 2.50 317.9 3
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share * Volu
 TU E SDAY F E B RUA RY 14, 2017 T HEED G E FINA NCIA L DA ILY
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET

AP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
IL) HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
6.6 0.888 0.740 0.870 0.850 1007 AMPROP 0.850 -0.010 51.4 0.860 41.06 3.53 514.8 0.840 0.615 0.840 0.820 0008 WILLOW 0.835 0.020 1202.9 0.830 11.03 2.40 207.1
7.8 1.300 0.760 1.300 1.240 5959 A&M 1.300 0.070 645.1 1.284 20.03 474.6 INFRASTRUCTURE PROJECT COMPANIES
6.5 0.448 0.345 0.420 0.400 1007PA AMPROP-PA 0.400 -0.030 20.8 0.419 5.00 116.5 5.130 4.151 5.120 5.040 6947 DIGI 5.110 0.020 12066.9 5.102 24.33 4.09 39,730.3
7.8 0.210 0.145 0.180 0.170 4057 ASIAPAC 0.175 0.005 2552.3 0.174 2.03 173.7 6.060 4.719 5.920 5.900 6645 LITRAK 5.900 -0.010 281.2 5.903 14.58 3.39 3,102.7
5.3 0.590 0.415 0.470 0.470 6602 BCB 0.470 UNCH 10 0.470 6.50 193.9 1.480 0.880 1.040 0.995 6807 PUNCAK 1.000 -0.020 1902.2 1.020 449.3
8.2 0.665 0.440 9814 BERTAM 0.595 123.0 0.500 0.330 0.460 0.435 5078 SILKHLD 0.455 0.015 1798.3 0.449 319.2
5.9 1.010 0.710 0.880 0.850 3239 BJASSET 0.875 -0.075 27.1 0.863 1.14 973.9 8.420 6.894 8.070 8.000 5031 TIMECOM 8.000 -0.010 1516.9 8.035 14.02 1.66 4,626.4
2.7 1.340 0.900 1.290 1.260 5738 CHHB 1.290 -0.050 64 1.279 355.7 1.539 1.295 1.480 1.460 6742 YTLPOWR 1.480 0.010 1769.3 1.476 11.18 6.76 12,051.6
0.2 1.723 1.394 1.580 1.550 6718 CRESNDO 1.580 UNCH 73.9 1.572 7.03 3.16 443.1 CLOSED-END FUNDS
3.3 1.660 1.201 1.660 1.640 5049 CVIEW 1.660 0.030 16.4 1.651 6.40 6.02 166.0 2.580 2.240 2.420 2.400 5108 ICAP 2.400 -0.010 17 2.401 10.67 336.0
7.8 2.376 2.073 2.230 2.210 5355 DAIMAN 2.210 -0.020 58 2.220 22.83 2.26 468.9 EXCHANGE TRADED FUNDS
0.910 0.505 0.630 0.590 3484 DBHD 0.615 0.020 245.8 0.615 190.3 1.124 1.070 0800EA ABFMY1 1.115 5.09 1,472.3
1.6 1.838 1.400 1.730 1.700 3417 E&O 1.720 -0.010 1028.7 1.716 1.16 2,171.2 1.845 1.585 0822EA CIMBA40 1.840 3.57 2.5
0.0 0.285 0.225 0.280 0.270 3557 ECOFIRS 0.280 0.005 1394.5 0.275 25.23 224.9 1.450 1.015 1.450 1.445 0823EA CIMBC50 1.450 0.005 71 1.448 16.0
4.4 1.540 1.200 1.500 1.480 8206 ECOWLD 1.490 0.010 2046.3 1.490 27.39 4,167.1 1.785 1.680 1.750 1.750 0820EA FBMKLCI-EA 1.750 0.010 101 1.750 1.89 2.9
9.4 0.900 0.570 0.645 0.620 6076 ENCORP 0.645 UNCH 25.2 0.633 21.86 179.7 1.040 0.910 1.040 1.040 0826EA METFAPA 1.040 0.005 22 1.040 19.8
4.9 2.850 1.700 2.620 2.620 8613 ENRA 2.620 UNCH 1.1 2.620 30.93 1.15 356.9 0.952 0.857 0825EA METFSID 0.933 2.30 49.4
1.5 0.870 0.710 0.800 0.800 6815 EUPE 0.800 -0.005 3 0.800 102.4 1.145 1.035 0821EA MYETFDJ 1.075 2.20 300.0
8.3 0.563 0.443 0.540 0.515 6041 FARLIM 0.540 0.025 883.9 0.527 3.60 3.70 75.8 1.050 0.974 0824EA MYETFID 1.025 3.07 52.9
4.9 0.827 0.680 0.730 0.720 5020 GLOMAC 0.725 0.005 699.2 0.729 3.57 5.52 527.7 REITS
6.2 0.438 0.361 0.430 0.415 9962 GMUTUAL 0.420 0.005 479.6 0.422 7.04 2.38 157.8 1.090 0.960 0.980 0.975 4952 AHP 0.975 -0.015 20 0.978 117.47 4.62 214.5
3.8 0.528 0.290 0.420 0.410 1147 GOB 0.415 -0.005 3438 0.417 1.20 188.7 1.700 1.338 1.680 1.660 5116 ALAQAR 1.670 -0.020 959.2 1.671 17.20 4.61 1,216.1
2.5 1.370 1.082 1.290 1.280 1503 GUOCO 1.290 0.020 203.6 1.290 9.29 1.55 903.6 1.080 0.894 1.070 1.060 5269 ALSREIT 1.060 -0.010 106.1 1.063 15.54 5.66 614.8
5.3 0.600 0.370 0.420 0.420 7010 HOOVER 0.420 -0.020 26 0.420 16.8 0.855 0.665 0.830 0.820 5120 AMFIRST 0.820 -0.005 100.8 0.821 8.79 6.10 562.8
5.2 1.432 1.050 1.150 1.130 5062 HUAYANG 1.140 0.010 423.9 1.138 5.53 8.55 401.3 0.940 0.801 0.940 0.940 5127 ARREIT 0.940 0.005 13 0.940 8.92 6.80 538.8
9.3 0.660 0.452 0.640 0.625 4251 IBHD 0.635 0.010 1797.3 0.634 9.89 2.05 637.5 1.130 1.003 1.130 1.120 5130 ATRIUM 1.120 -0.010 15.2 1.120 11.83 5.00 136.4
9.0 1.062 0.878 5084 IBRACO 0.930 11.83 3.76 461.7 1.757 1.388 1.680 1.660 5106 AXREIT 1.670 -0.010 221.1 1.661 15.05 4.94 1,845.6
3.6 2.658 2.190 2.440 2.430 1597 IGB 2.430 -0.010 656.2 2.437 10.50 4.12 3,316.5 1.670 1.315 1.610 1.590 5180 CMMT 1.600 UNCH 279.6 1.600 19.32 5.27 3,250.3
4.6 2.570 1.949 2.130 2.090 5249 IOIPG 2.120 UNCH 1525.9 2.109 7.67 3.77 9,378.1 1.669 1.399 1.630 1.620 5121 HEKTAR 1.620 -0.010 12.6 1.628 294.55 6.48 649.0
8.7 0.535 0.350 0.515 0.505 5175 IVORY 0.505 -0.005 899.4 0.509 22.15 247.5 1.730 1.281 1.700 1.680 5227 IGBREIT 1.690 -0.010 217.2 1.689 21.13 5.15 5,912.2
8.3 1.140 0.755 1.110 1.050 1589 IWCITY 1.090 0.040 4995.1 1.085 803.0 1.040 0.985 1.000 0.995 5280 KIPREIT 1.000 UNCH 1625.1 0.998 505.3
2.4 0.235 0.160 0.185 0.180 6769 JKGLAND 0.180 UNCH 246 0.181 7.03 1.67 136.5 8.194 6.496 7.900 7.810 5235SS KLCC 7.810 -0.010 2056.2 7.814 15.92 4.56 14,099.7
0.4 0.060 0.040 0.055 0.050 3115 KBUNAI 0.055 UNCH 1402.6 0.055 317.7 1.350 0.982 1.320 1.320 5123 MQREIT 1.320 UNCH 550.9 1.320 15.51 9.61 1,409.8
7.2 1.008 0.820 0.890 0.890 7323 KEN 0.890 UNCH 49 0.890 5.86 3.37 170.6 1.910 1.488 1.820 1.780 5212 PAVREIT 1.790 -0.010 598.2 1.789 17.31 4.60 5,417.0
8.8 1.390 0.995 1.130 1.110 5038 KSL 1.130 0.010 2851.2 1.119 5.28 6.19 1,172.4 1.810 1.395 1.770 1.750 5176 SUNREIT 1.770 UNCH 1457.1 1.761 16.12 5.27 5,212.8
5.1 0.425 0.290 0.340 0.330 3174 L&G 0.335 UNCH 1473.7 0.335 4.49 5.97 375.0 1.190 1.132 1.190 1.180 5111 TWRREIT 1.180 -0.010 77.6 1.180 15.80 5.87 331.0
7.4 1.368 1.110 1.170 1.160 8494 LBICAP 1.170 UNCH 7.4 1.169 4.20 5.98 91.9 1.850 1.469 1.850 1.790 5110 UOAREIT 1.790 -0.010 2.2 1.818 15.25 5.85 756.9
0.0 1.820 1.274 1.820 1.800 5789 LBS 1.800 UNCH 589.5 1.805 12.42 1.94 1,159.8 1.240 0.934 1.220 1.200 5109 YTLREIT 1.220 0.020 369.9 1.210 381.25 7.08 2,079.4
8.7 0.285 0.220 0.250 0.245 3573 LIENHOE 0.250 UNCH 268.4 0.248 90.4 SPAC
1.2 1.690 0.897 1.630 1.600 7617 MAGNA 1.630 UNCH 472 1.623 1.87 3.68 542.6 0.720 0.670 5234 CLIQ 0.720 454.3
0.0 1.700 1.187 1.510 1.480 8583 MAHSING 1.490 -0.020 2366.4 1.491 10.21 4.36 3,590.0 0.745 0.595 0.665 0.640 5256 REACH 0.640 -0.010 3438.4 0.652 701.7
8.6 0.910 0.551 0.910 0.875 6181 MALTON 0.910 0.020 3517.7 0.896 10.64 2.75 408.1 0.480 0.425 5241 SONA 0.475 670.1
3.9 2.607 2.147 2.410 2.380 5236 MATRIX 2.390 -0.020 590.7 2.391 8.16 6.13 1,367.6
6.8 1.250 0.750 5182 MCT 1.000 17.12 2.00 1,334.8
4.5 0.560 0.455 0.495 0.485 5040 MEDAINC 0.490 UNCH 523.1 0.490 241.4
6.0 1.070 0.640 0.805 0.800 1694 MENANG 0.805 0.005 266 0.803 7.32 215.0
0.356 0.250 0.305 0.295 8141 MJPERAK 0.300 UNCH 66.5 0.300 3.75 7.13 77.1
5.3
4.0
9.5
3.200 2.099
0.395 0.270
3.170
0.315
3.130
0.305
6114
8893
MKH
MKLAND
3.150
0.315
-0.020
0.005
349.6
760.4
3.148
0.311
6.44
21.43
2.22
9.52
1,323.3
380.3
Ace Market
6.8 0.250 0.085 0.135 0.135 6548 MPCORP 0.135 -0.005 3 0.135 38.8 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
8.8 1.550 1.020 1.530 1.490 1651 MRCB 1.500 0.010 5603.5 1.511 25.25 1.67 3,216.3 HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
8.3 0.980 0.610 9539 MUH 0.700 41.67 39.5
0.355 0.230 0.310 0.305 3913 MUIPROP 0.310 UNCH 58.4 0.307 17.71 236.9 CONSUMER PRODUCTS
4.5 0.328 0.195 0.235 0.225 0179 BIOHLDG 0.230 0.005 3853.9 0.230 16.91 184.0
1.0 2.620 1.350 1.700 1.650 5073 NAIM 1.690 -0.010 133.7 1.666 422.5
3.216 2.446 5827 OIB 2.850 10.40 2.81 412.9 0.320 0.100 0.260 0.255 0170 KANGER 0.255 -0.005 80 0.255 12.75 203.6
6.2 0.350 0.200 0.250 0.245 0148 SUNZEN 0.245 Unch 171.5 0.246 117.4
7.1 1.647 1.390 1.490 1.440 5053 OSK 1.480 0.040 2215.8 1.462 8.09 3.38 2,076.3
1.710 1.263 1.710 1.650 1724 PARAMON 1.660 0.060 2122.2 1.676 11.76 4.97 702.1 0.060 0.025 0.040 0.035 0095 XINGHE 0.040 0.005 2023 0.035 3.96 93.9
2.0 INDUSTRIAL PRODUCTS
1.5 0.585 0.280 0.505 0.500 6912 PASDEC 0.505 UNCH 36.5 0.503 104.0
1.747 1.540 1.560 1.540 5075 PLENITU 1.560 -0.010 293.6 1.552 11.76 2.88 595.2 0.280 0.140 0.185 0.180 0105 ASIAPLY 0.185 0.005 3445.9 0.181 7.94 3.24 56.1
9.0 0.095 0.030 0.035 0.035 0072 AT 0.035 Unch 428 0.035 30.3
5.5 0.290 0.225 2208 PTGTIN 0.270 5.76 93.4
0.515 0.245 0.290 0.280 0163 CAREPLS 0.285 0.010 2129.4 0.283 570.00 1.05 137.7
2.6 1.400 0.900 1.050 0.980 4596 SAPRES 1.050 0.070 675.5 1.017 1.65 2.86 146.6
0.165 0.080 0.160 0.155 0102 CONNECT 0.155 -0.005 2862.3 0.157 44.8
2.8 0.745 0.665 0.720 0.715 5207 SBCCORP 0.720 -0.010 52.7 0.720 0.64 169.1
0.642 0.430 0.515 0.500 0100 ESCERAM 0.505 0.005 621.8 0.506 11.66 1.19 103.8
9.0 1.051 0.785 0.885 0.865 2224 SDRED 0.870 0.005 468.8 0.877 17.76 2.87 370.7
0.485 0.250 0.345 0.335 0175 HHGROUP 0.335 Unch 441.1 0.341 103.4
7.6 0.540 0.370 0.515 0.480 4286 SEAL 0.490 -0.015 4476.8 0.498 68.06 119.0 0.125 0.065 0.095 0.090 0160 HHHCORP 0.090 Unch 1403.7 0.092 30.0
4.6 3.026 2.581 2.860 2.860 6017 SHL 2.860 -0.040 28.5 2.860 8.89 6.99 692.5 0.270 0.140 0.270 0.255 0162 IJACOBS 0.265 0.005 1888.1 0.262 10.95 36.0
4.1 0.180 0.130 0.180 0.170 4375 SMI 0.175 0.005 1342.3 0.173 22.15 36.7 0.155 0.085 0.155 0.145 0024 JAG 0.150 0.005 16977 0.151 171.6
5.2 0.860 0.690 0.725 0.720 5213 SNTORIA 0.725 UNCH 112.1 0.722 10.63 2.76 354.6 0.175 0.120 0.145 0.140 0025 LNGRES 0.140 Unch 341.1 0.140 33.9
1.8 5.400 4.400 4.620 4.570 1783 SPB 4.570 UNCH 267.8 4.590 23.32 2.63 1,570.3 0.150 0.040 0.050 0.045 0070 MQTECH 0.050 0.005 403.1 0.047 20.7
8.8 3.560 2.588 3.420 3.370 8664 SPSETIA 3.390 -0.030 4357 3.404 14.19 4.92 9,673.5 0.445 0.307 0.435 0.425 0049 OCNCASH 0.435 0.010 1868.7 0.432 11.36 1.61 97.0
4.6 1.200 0.815 1.200 1.130 3743 SUNSURIA 1.200 0.070 1853.7 1.177 25.53 958.6 0.195 0.115 0.185 0.165 0038 PTB 0.180 0.015 5876.3 0.177 26.09 27.1
6.2 3.188 2.809 3.160 3.130 5211 SUNWAY 3.160 0.020 2718.2 3.142 9.64 3.48 6,520.2 0.190 0.060 0.075 0.070 0133 SANICHI 0.070 Unch 2074.2 0.070 7.37 60.1
0.1 0.724 0.625 0.720 0.700 1538 SYMLIFE 0.715 0.015 952.3 0.713 10.07 2.80 221.7 0.060 0.025 0.035 0.030 0109 SCBUILD 0.035 Unch 1730.1 0.035 30.8
1.1 0.290 0.215 0.285 0.275 5158 TAGB 0.275 UNCH 1801.3 0.277 45.08 1.20 1,463.5 0.155 0.100 0.140 0.135 0001 SCOMNET 0.135 -0.005 291.2 0.139 9.31 2.96 32.8
2.8 7.200 6.020 2305 TAHPS 6.800 27.98 1.47 509.0 0.210 0.120 0.160 0.155 0028 SCOPE 0.160 Unch 857.5 0.155 43.24 88.9
5.8 0.060 0.035 0.045 0.040 2259 TALAMT 0.040 UNCH 930 0.041 168.8 0.175 0.110 0.175 0.155 0055 SERSOL 0.175 0.015 3031.6 0.166 37.7
5.0 1.547 1.193 1.400 1.390 5191 TAMBUN 1.390 UNCH 441.3 1.396 5.48 6.47 594.9 0.239 0.171 0.225 0.220 0084 TECFAST 0.225 0.010 95 0.220 15.73 2.22 38.5
2.0 0.120 0.055 0.095 0.085 2429 TANCO 0.095 0.015 26408.8 0.090 35.6 TECHNOLOGY
4.6 0.350 0.170 0.235 0.220 7889 THRIVEN 0.235 0.015 784.8 0.229 88.5 0.320 0.160 0.300 0.295 0018 ACCSOFT 0.300 0.005 2527 0.299 249.8
8.7 0.065 0.040 0.045 0.040 7079 TIGER 0.045 0.005 248 0.044 62.6 0.460 0.160 0.330 0.315 0181 AEMULUS 0.320 Unch 5993.4 0.324 140.4
2.0 1.930 1.350 1.700 1.680 5239 TITIJYA 1.700 0.020 272.9 1.688 9.26 0.29 685.7 0.370 0.100 0.345 0.340 0119 APPASIA 0.340 -0.005 445.2 0.341 96.5
8.6 1.120 0.951 1.010 0.995 5401 TROP 0.995 -0.015 726 0.999 16.86 4.52 1,440.2 0.470 0.155 0.210 0.200 0068 ASDION 0.210 0.010 115 0.206 24.4
2.9 1.250 0.922 1.160 1.140 5148 UEMS 1.150 -0.010 6163.5 1.151 33.82 1.39 5,218.1 1.190 0.710 0.910 0.900 0098 BAHVEST 0.910 Unch 185.8 0.906 497.9
5.4 2.770 1.896 2.490 2.440 5200 UOADEV 2.490 0.040 1039.9 2.462 8.69 6.02 4,064.8 0.075 0.030 0.035 0.035 0152 DGB 0.035 Unch 170 0.035 17.1
1.9 1.206 0.935 1.000 1.000 2976 WINGTM 1.000 UNCH 44 1.000 44.05 3.00 487.3 0.070 0.020 0.045 0.040 0131 DGSB 0.045 Unch 4040 0.045 19.57 61.0
0.5 1.279 0.846 7003 Y&G 1.110 14.29 221.3 0.130 0.050 0.060 0.055 0154 EAH 0.055 -0.005 1884 0.055 82.0
1.2 1.840 1.440 1.530 1.500 3158 YNHPROP 1.520 -0.010 43.4 1.509 22.93 804.1 0.310 0.180 0.200 0.195 0107 EDUSPEC 0.200 Unch 503.3 0.195 38.46 183.2
5.1 0.665 0.550 0.600 0.590 2577 YTLLAND 0.595 -0.005 88.8 0.597 44.74 502.4 0.090 0.050 0.085 0.085 0116 FOCUS 0.085 Unch 600 0.085 66.1
2.0 MINING 0.955 0.815 0.890 0.850 0104 GENETEC 0.855 -0.030 52.9 0.852 30.1
4.7 1.280 1.150 1.200 1.200 2186 KUCHAI 1.200 -0.010 52 1.200 0.71 148.5 0.550 0.440 0.530 0.520 0039 GFM 0.530 0.005 4941.2 0.526 226.9
0.6 PLANTATIONS 0.060 0.030 0.050 0.045 0045 GNB 0.045 Unch 239 0.046 13.0
4.9 0.367 0.195 0.240 0.225 7054 AASIA 0.235 0.015 185.7 0.231 155.1 0.115 0.070 0.095 0.090 0074 GOCEAN 0.095 0.005 505.3 0.090 25.0
5.4 19.900 16.899 19.900 19.780 1899 BKAWAN 19.860 0.120 33.1 19.832 9.77 2.77 8,658.0 0.075 0.040 0.050 0.045 0174 IDMENSN 0.050 Unch 347.1 0.050 24.7
2.4 9.178 8.380 5069 BLDPLNT 8.620 89.79 0.23 806.0 0.830 0.230 0.535 0.510 0023 IFCAMSC 0.520 0.015 59015.9 0.521 1.92 316.3
2.6 1.760 1.341 1.750 1.720 5254 BPLANT 1.720 -0.010 645 1.735 15.58 8.14 2,752.0 0.100 0.070 0.080 0.075 0094 INIX 0.080 Unch 4953 0.080 20.3
3.6 0.970 0.620 0.965 0.945 8982 CEPAT 0.950 UNCH 718.6 0.953 19.96 1.58 302.5 0.240 0.100 0.145 0.135 0010 IRIS 0.140 Unch 13689.5 0.140 314.6
8.4 8.000 7.253 7.940 7.880 1929 CHINTEK 7.880 -0.020 5.2 7.903 40.56 2.16 719.9 0.824 0.450 0.520 0.510 0146 JFTECH 0.520 0.025 23 0.516 144.44 1.92 65.5
5.4 0.500 0.385 0.470 0.460 3948 DUTALND 0.460 0.005 1627.6 0.464 389.2 2.180 0.425 2.180 2.110 0127 JHM 2.110 0.030 1178.4 2.136 17.54 261.1
1.4 8.600 7.305 8.500 8.440 5029 FAREAST 8.450 0.300 25 8.454 11.12 2.96 1,194.7 0.310 0.130 0.190 0.185 0111 K1 0.185 -0.005 2426.7 0.189 52.86 2.70 87.4
4.7 2.520 1.293 1.970 1.880 5222 FGV 1.910 -0.040 11839.9 1.922 2.09 6,968.0 0.080 0.030 0.045 0.045 0036 KGROUP 0.045 -0.005 156.6 0.045 36.9
8.6 11.540 10.161 11.540 11.480 2291 GENP 11.540 0.020 1320.4 11.518 40.14 0.43 9,184.0 0.360 0.155 0.345 0.335 0176 KRONO 0.340 0.005 3576.7 0.340 9.66 84.4
8.6 0.675 0.500 0.645 0.630 7382 GLBHD 0.640 -0.005 280 0.639 2.42 142.7 0.325 0.045 0.060 0.055 0017 M3TECH 0.055 -0.005 228.1 0.059 32.3
2.1 1.580 1.140 2135 GOPENG 1.250 46.30 3.20 224.2 0.300 0.050 0.250 0.245 0075 MEXTER 0.245 Unch 68.9 0.245 49.2
0.0 0.950 0.790 0.850 0.850 7501 HARNLEN 0.850 UNCH 21.9 0.850 157.7 0.680 0.420 0.485 0.485 0155 MGRC 0.485 -0.025 30 0.485 27.56 50.2
4.0 2.700 2.155 2.700 2.680 5138 HSPLANT 2.690 0.030 61.1 2.687 18.51 2.97 2,152.0 1.880 0.930 1.180 1.100 0126 MICROLN 1.150 0.050 89.8 1.145 192.5
0.5 3.746 3.220 3.430 3.390 2216 IJMPLNT 3.390 -0.060 13.9 3.407 39.46 1.47 2,985.2 0.585 0.416 0.570 0.555 0112 MIKROMB 0.555 -0.020 1430.4 0.561 16.28 1.98 170.3
0.0 0.735 0.646 0.705 0.700 2607 INCKEN 0.700 UNCH 116.8 0.701 1.67 294.5 0.135 0.060 0.070 0.070 0085 MLAB 0.070 -0.005 100 0.070 13.1
0.9 1.500 0.550 1.450 1.420 6262 INNO 1.440 0.020 24.4 1.427 27.17 688.5 0.070 0.040 0.060 0.055 0034 MMAG 0.060 Unch 6793.3 0.059 57.2
2.4 4.985 4.025 4.690 4.640 1961 IOICORP 4.690 0.050 7225.5 4.668 20.47 1.71 30,305.9 0.719 0.443 0.640 0.635 0113 MMSV 0.635 Unch 514.5 0.636 13.34 3.15 103.5
3.8 25.500 22.464 25.300 25.080 2445 KLK 25.100 0.020 1297.9 25.129 16.79 1.99 26,794.4 0.245 0.060 0.070 0.065 0103 MNC 0.065 Unch 10751.4 0.070 24.6
8.9 3.339 2.991 3.200 3.200 2453 KLUANG 3.200 -0.030 1.3 3.200 29.47 0.31 202.2 0.260 0.145 0.230 0.225 0156 MPAY 0.225 0.005 3891.2 0.225 159.9
0.1 3.500 2.787 3.500 3.470 5027 KMLOONG 3.490 0.030 543.8 3.488 16.23 3.72 1,088.2 0.195 0.065 0.080 0.075 0092 MTOUCHE 0.075 -0.005 400 0.080 14.15 19.1
1.4 0.633 0.491 0.565 0.560 1996 KRETAM 0.560 0.005 1281.7 0.562 67.47 1.79 1,303.5 0.937 0.625 0.750 0.730 0108 N2N 0.730 -0.020 38.3 0.733 29.80 2.74 347.8
4.8 1.720 1.160 1.720 1.620 6572 KWANTAS 1.720 0.100 8 1.658 44.68 536.1 0.060 0.015 0.025 0.020 0020 NETX 0.025 0.005 28.1 0.022 31.3
8.7 1.750 1.300 4936 MALPAC 1.420 106.5 0.080 0.035 0.045 0.035 0096 NEXGRAM 0.045 0.010 14799.2 0.040 14.06 84.7
6.4 0.980 0.770 0.955 0.945 5026 MHC 0.945 -0.010 81.6 0.952 36.91 1.59 185.7 0.125 0.075 0.100 0.095 0026 NOVAMSC 0.095 Unch 746 0.095 79.17 64.9
7.2 2.350 2.060 5047 NPC 2.120 5.04 0.47 254.4 0.760 0.555 0.640 0.635 0035 OPCOM 0.635 Unch 88.7 0.637 13.63 3.15 102.4
5.0 4.434 3.693 4.250 4.250 2038 NSOP 4.250 0.050 5 4.250 105.99 1.41 298.4 0.420 0.266 0.375 0.365 0040 OPENSYS 0.370 Unch 1618.5 0.369 18.88 2.70 110.2
3.1 0.350 0.190 0.300 0.275 1902 PINEPAC 0.290 0.005 34 0.289 43.4 0.730 0.140 0.230 0.220 0079 ORION 0.220 -0.010 594.6 0.225 29.3
7.6 1.100 0.920 1.000 0.990 9695 PLS 0.990 -0.010 12.1 0.994 323.4 0.110 0.035 0.065 0.055 0005 PALETTE 0.065 0.005 8128.5 0.062 12.75 20.8
3.3 0.610 0.470 0.550 0.540 5113 RSAWIT 0.550 0.010 1532.9 0.546 780.2 0.210 0.135 0.200 0.185 0123 PRIVA 0.200 0.015 7899.5 0.194 43.48 1.00 111.6
9.8 4.015 3.346 3.890 3.890 2542 RVIEW 3.890 0.010 8 3.890 55.57 1.54 252.3 0.110 0.055 0.095 0.085 0007 PUC 0.095 0.010 6648.4 0.090 59.38 103.0
1.6 3.179 2.900 3.060 3.050 2569 SBAGAN 3.050 UNCH 4.1 3.059 54.86 0.66 202.3 0.720 0.429 0.720 0.680 0106 REXIT 0.715 0.040 1863.4 0.705 18.77 5.59 135.4
9.5 0.825 0.450 4316 SHCHAN 0.590 38.31 67.9 0.060 0.010 0135 SCN 0.010 2.0
9.2 4.686 3.292 4.000 3.970 5126 SOP 3.980 -0.020 248.5 3.986 12.93 1.19 2,269.1 0.443 0.225 0.290 0.285 0178 SEDANIA 0.290 Unch 2981.5 0.288 3.45 58.0
6.0 2.060 1.700 1.840 1.800 5135 SWKPLNT 1.810 0.020 1528.6 1.818 27.34 4.14 506.8 0.095 0.055 0.070 0.065 0060 SKH 0.065 Unch 1960.8 0.065 36.0
7.4 0.815 0.636 0.815 0.800 2054 TDM 0.805 0.005 2584.1 0.806 12.37 1.49 1,211.9 0.250 0.160 0.190 0.180 0117 SMRT 0.190 0.010 590.6 0.185 56.5
2.3 1.310 1.050 1.220 1.190 5112 THPLANT 1.200 -0.010 158.3 1.205 16.64 1,060.6 0.110 0.025 0.045 0.040 0169 SMTRACK 0.040 0.005 2595.7 0.041 13.9
1.3 1.890 1.330 5251 TMAKMUR 1.870 16.02 8.02 744.6 0.350 0.232 0.350 0.340 0093 SOLUTN 0.350 0.010 5106.7 0.348 12.68 3.80 107.1
1.4 2.177 1.800 1.930 1.910 9059 TSH 1.910 -0.010 22.3 1.919 293.85 1.05 2,569.7 0.175 0.080 0.160 0.160 0129 SRIDGE 0.160 Unch 396 0.160 19.4
6.042 5.456 5.910 5.860 2593 UMCCA 5.880 0.030 377.9 5.882 21.62 2.72 1,230.2 0.270 0.140 0.270 0.260 0050 SYSTECH 0.260 Unch 3250.4 0.264 38.81 11.54 82.5
4.0 28.117 24.051 27.220 27.000 2089 UTDPLT 27.160 -0.040 13.7 27.149 18.70 1.47 5,652.9 0.190 0.110 0.145 0.145 0132 TDEX 0.145 Unch 60 0.145 145.00 59.9
HOTELS 0.610 0.175 0.610 0.495 0120 VIS 0.605 0.115 22575 0.551 51.27 67.0
7.9
0.627 0.500 5592 GCE 0.555 3.60 109.3 0.291 0.150 0.160 0.155 0069 VIVOCOM 0.155 -0.005 6731.3 0.157 7.67 501.3
1.2
0.990 0.680 0.760 0.750 1643 LANDMRK 0.760 -0.010 46.5 0.754 365.4 0.135 0.065 0.080 0.080 0066 VSOLAR 0.080 Unch 2931 0.080 26.7
5.0
0.345 0.115 0.135 0.130 1287 PMHLDG 0.135 UNCH 101 0.135 125.4 0.070 0.025 0.055 0.050 0141 WINTONI 0.055 0.005 4328.2 0.050 28.2
3.4 0.160 0.080 0.130 0.130 0086 YGL 0.130 -0.005 86.6 0.130 650.00 25.2
5.0 5.839 4.774 5.210 5.200 5517 SHANG 5.210 UNCH 7 5.209 20.57 2.69 2,292.4
TECHNOLOGY 0.600 0.505 0009 YTLE 0.560 21.46 7.14 756.0
4.0 TRADING SERVICES
6.1 0.800 0.585 7031 AMTEL 0.675 137.76 33.3
0.295 0.180 0.235 0.225 5195 CENSOF 0.230 -0.005 928.2 0.230 8.65 115.4 0.300 0.150 0122 AIM 0.250 66.5
7.0 0.125 0.060 0048 ANCOMLB 0.090 42.6
9.5 0.250 0.090 0.240 0.230 0051 CUSCAPI 0.235 0.005 2452.8 0.236 102.4
0.405 0.250 0.405 0.385 7204 D&O 0.400 0.015 11052.3 0.398 41.24 396.0 0.065 0.035 0.065 0.055 0150 ASIABIO 0.060 0.005 13551.3 0.060 64.4
4.6 0.275 0.160 0.180 0.175 0187 BCMALL 0.180 Unch 388.1 0.176 75.8
7.2 0.265 0.110 0.255 0.245 8338 DATAPRP 0.250 UNCH 2121.6 0.251 105.3
0.379 0.213 0.340 0.340 0011 BTECH 0.340 Unch 1.4 0.340 13.71 4.00 85.7
0.7 0.200 0.150 0.185 0.170 0029 DIGISTA 0.185 0.015 8567.4 0.178 6.83 108.6
0.295 0.170 0157 FOCUSP 0.245 40.4
4.0 1.710 1.330 1.410 1.380 5162 ECS 1.380 -0.020 157.9 1.390 8.93 4.35 248.4
0.665 0.390 0.525 0.515 0185 HSSEB 0.525 -0.005 294.9 0.523 14.58 167.5
7.0 1.949 0.846 1.700 1.660 0065 EFORCE 1.670 0.020 481.7 1.678 58.60 1.80 345.5
0.850 0.390 0.840 0.810 0147 INNITY 0.840 Unch 12.3 0.821 23.01 116.3
6.0 1.600 0.902 1.580 1.570 0090 ELSOFT 1.570 0.010 48.5 1.570 14.71 3.08 426.6 0.420 0.235 0.275 0.265 0180 KTC 0.270 Unch 973.5 0.270 337.50 137.8
6.7 0.990 0.730 0.930 0.910 0021 GHLSYS 0.915 -0.010 518.6 0.919 35.19 599.1 0.250 0.130 0.180 0.160 0167 MCLEAN 0.180 0.025 886.1 0.171 5.86 32.2
6.0 0.315 0.210 0.265 0.255 0082 GPACKET 0.255 -0.005 1864.6 0.259 176.1 0.515 0.315 0081 MEGASUN 0.325 16.25 61.7
9.0 0.270 0.175 0.210 0.200 0056 GRANFLO 0.210 0.005 319 0.203 2.38 101.5 0.230 0.155 0153 OVERSEA 0.175 1.71 43.1
3.2 5.386 2.686 4.450 4.320 7022 GTRONIC 4.440 0.100 777.6 4.390 35.63 1.35 1,251.8 0.225 0.145 0.160 0.160 0177 PASUKGB 0.160 Unch 20 0.160 64.9
6.6 0.650 0.510 0.620 0.600 5028 HTPADU 0.615 0.015 335.8 0.605 3.25 62.3 0.335 0.230 0006 PINEAPP 0.305 14.8
6.2 1.880 1.254 1.880 1.830 0166 INARI 1.880 0.040 8519.6 1.857 23.65 2.10 3,656.3 0.265 0.201 0.265 0.245 0171 PLABS 0.265 0.020 2520.5 0.259 16.56 2.64 54.8
7.2 0.185 0.075 0.185 0.180 9393 ITRONIC 0.185 0.005 701.2 0.182 19.0 0.020 0.005 0110 RA 0.005 4.8
3.2 0.697 0.475 0.635 0.620 5161 JCY 0.625 -0.010 2892.7 0.628 8.00 1,297.6 0.370 0.160 0.200 0.185 0080 RAYA 0.195 0.010 1781.2 0.194 32.0
4.6 10.400 3.837 10.160 9.850 9334 KESM 9.940 -0.200 85 9.973 13.10 0.30 427.6 0.565 0.280 0.380 0.355 0032 REDTONE 0.380 0.025 1146.5 0.364 0.53 287.8
0.2 0.235 0.060 0.100 0.090 0143 KEYASIC 0.100 0.010 1421.5 0.096 85.1 0.720 0.480 0.720 0.680 0173 REV 0.715 0.045 151.7 0.705 11.64 96.3
5.4 9.200 6.647 9.100 8.910 3867 MPI 8.910 -0.140 167 8.990 9.82 2.58 1,870.1 2.179 1.610 1.750 1.710 0158 SCC 1.750 Unch 4 1.730 11.05 5.71 74.9
4.8 1.400 0.845 1.090 1.080 5011 MSNIAGA 1.090 0.010 2 1.085 65.8 0.213 0.135 0.180 0.175 0161 SCH 0.180 Unch 154 0.176 90.00 4.72 74.2
6.8 0.870 0.352 0.855 0.835 0083 NOTION 0.840 -0.005 1918.3 0.843 39.81 2.38 227.2 0.650 0.450 0137 STEMLFE 0.565 313.89 139.8
2.2 0.550 0.410 0.460 0.460 9008 OMESTI 0.460 UNCH 30 0.460 197.9 0.220 0.100 0.220 0.205 0140 STERPRO 0.215 0.010 45827.6 0.213 53.2
1.2 0.320 0.210 0.290 0.285 0041 PANPAGE 0.290 UNCH 151.2 0.290 70.0 1.490 0.955 1.150 1.130 0089 TEXCYCL 1.130 -0.010 60.8 1.144 27.16 0.66 193.0
1.6 1.740 0.560 1.740 1.660 7160 PENTA 1.740 0.090 2196 1.705 13.41 255.0 0.200 0.100 0145 TFP 0.140 1400.00 28.7
5.9 0.475 0.240 0.380 0.320 9075 THETA 0.370 0.055 1290.4 0.359 3.97 39.7 0.190 0.100 0.110 0.105 0165 XOX 0.105 Unch 5630.1 0.105 66.3
7.5 0.110 0.035 0.095 0.090 0118 TRIVE 0.090 -0.005 755 0.090 120.3 FINANCE
2.700 1.893 2.700 2.650 5005 UNISEM 2.680 0.030 1845.9 2.681 11.48 4.10 1,966.7 0.530 0.395 0.480 0.470 0053 OSKVI 0.480 -0.010 33.3 0.472 5.90 94.8
3.968 3.139 3.900 3.880 0097 VITROX 3.880 -0.040 5.8 3.900 16.43 0.77 910.9
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
 T U ESDAY F EB RUARY 14, 2 0 17 TH EEDGE F I N AN C I AL DAI LY
28 Markets 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 YEAR

HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE WARRANTS CLOSE
(RM)
+/-
(RM)
VOL PARENT
(000)
EXE
PRICE PRICE
PRM
(%)
EXPIRY
DATE
Ch
sca
Main Market & Ace Market Warrants 0.265
0.210
0.025
0.020
0.050

0.050

522217
522218
FGV-C17
FGV-C18
0.050
0.055
Unch

200

1.910
1.910
2.200
2.400
21.47
34.29
31/03/2017
06/06/2017
0.220 0.010 0.015 0.015 522219 FGV-C19 0.015 Unch 330 1.910 2.600 38.09 31/03/2017
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY 0.180 0.005 0.010 0.010 522220 FGV-C20 0.010 Unch 3480 1.910 2.300 21.99 27/03/2017 SH
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE
0.200 0.045 0.065 0.060 5238C1 AAX-C1 0.065 Unch 1267.1 0.415 0.350 15.66 10/07/2017
0.160
0.185
0.020
0.095
0.060
0.180
0.050
0.165
522221
522222
FGV-C21
FGV-C22
0.050
0.165
-0.005
-0.015
2570.1
707.9
1.910
1.910
2.550
1.650
38.74
10.58
30/08/2017
30/06/2017
ros
0.095 0.035 0.045 0.045 5238C2 AAX-C2 0.045 Unch 150 0.415 0.500 31.33 31/05/2017 0.095
0.170
0.070
0.120
0.090
0.165
0.075
0.145
522223
522224
FGV-C23
FGV-C24
0.080
0.155
-0.010
-0.015
2060
3070
1.910
1.910
1.850
1.850
11.52
17.15
31/07/2017
31/07/2017
yes
0.130 0.055 0.075 0.075 5238C3 AAX-C3 0.075 0.005 150 0.415 0.410 16.87 31/05/2017
0.150 0.035 0.050 0.045 5238CW AAX-CW 0.045 -0.005 323 0.415 0.420 12.05 10/04/2017 0.480 0.320 6939WB FIAMMA-WB 0.320 0.600 1.000 120.00 26/11/2018 ma
0.135 0.065 0.105 0.100 9318WB FITTERS-WB 0.105 Unch 119 0.430 1.000 156.98 12/10/2019
0.340
0.270
0.060
0.085
0.215
0.245
0.215
0.240
5238WA
0018WA
AAX-WA
ACCSOFT-WA
0.215
0.245
Unch
0.005
989.5
1660
0.415 0.460
0.300 0.100
62.65
15.00
08/06/2020
18/01/2019 0.055 0.030 0116WC FOCUS-WC 0.035 0.085 0.050 0.00 06/11/2019 on
0.210 0.080 0.165 0.165 5185CU AFFIN-CU 0.165 0.015 33.5 2.490 2.300 2.31 06/06/2017 0.095 0.030 9377WA FSBM-WA 0.060 0.200 0.300 80.00 16/05/2022
0.380 0.130 0.365 0.350 5185CV AFFIN-CV 0.350 0.040 68 2.490 2.150 0.40 31/07/2017 0.490 0.230 0.480 0.470 9261WB GADANG-WB 0.470 -0.010 2561.9 0.470 1.060 225.53 29/11/2021
0.150 0.050 0.100 0.090 7315WB AHB-WB 0.090 Unch 652.9 0.195 0.200 48.72 28/08/2019 0.105
0.070
0.075
0.055




539829
539830
GAMUDA-C29
GAMUDA-C30
0.075
0.060




4.950
4.950
4.880
5.180
7.68
10.71
28/04/2017
28/04/2017
to
0.460 0.080 0.215 0.205 509934 AIRASIAC34 0.210 Unch 729.9 2.660 2.000 -1.13 28/02/2017
0.460 0.085 0.215 0.210 509935 AIRASIAC35 0.215 -0.010 1680 2.660 2.000 -0.56 17/02/2017 0.125 0.075 0.110 0.105 539831 GAMUDA-C31 0.110 Unch 800 4.950 4.900 5.66 29/09/2017 Co
0.280 0.035 0.080 0.075 509938 AIRASIAC38 0.075 Unch 252.2 2.660 2.650 9.49 28/04/2017 0.185 0.120 539832 GAMUDA-C32 0.130 4.950 5.000 8.89 31/05/2017
0.320 0.045 0.060 0.060 509939 AIRASIAC39 0.060 -0.010 30 2.660 2.700 8.27 17/03/2017 1.410 0.805 1.280 1.250 5398WE GAMUDA-WE 1.270 Unch 2980 4.950 4.050 7.47 06/03/2021
0.205
0.245
0.080
0.110
0.130
0.185
0.130
0.180
509945
509946
AIRASIAC45
AIRASIAC46
0.130
0.180
-0.005
-0.005
100
920.4
2.660 2.900
2.660 2.500
23.68
14.29
31/05/2017
31/05/2017
0.160
0.105
0.115
0.090




5209CU
5209CV
GASMSIA-CU
GASMSIA-CV
0.160
0.105




2.730
2.730
2.550
2.700
5.13
6.59
18/05/2017
18/05/2017
inc
0.175 0.070 0.165 0.150 509947 AIRASIAC47 0.165 Unch 710 2.660 2.600 16.35 31/10/2017 0.280
0.500
0.085
0.360
0.205

0.200

5226WA
3611WA
GBGAQRS-WA
GBH-WA
0.205
0.400
0.010

3506

1.000
1.390
1.300
1.000
50.50
0.72
20/07/2018
07/04/2020
the
0.120 0.080 509948 AIRASIAC48 0.090 2.660 3.000 24.62 16/08/2017
0.275 0.185 0.260 0.250 509949 AIRASIAC49 0.250 -0.005 1033.8 2.660 2.150 9.02 31/07/2017 0.110 0.015 0078CC GDEX-CC 0.015 1.630 1.600 0.92 22/02/2017 Ka
0.190 0.025 5014CP AIRPORT-CP 0.070 6.690 6.450 3.74 28/04/2017 0.260 0.095 0.240 0.225 471515 GENM-C15 0.225 0.005 79.9 5.070 4.400 0.10 31/03/2017
0.195 0.170 5014CQ AIRPORT-CQ 0.195 6.690 6.700 14.72 28/02/2017 0.190 0.115 471516 GENM-C16 0.190 5.070 4.500 0.00 27/03/2017
0.260
0.085
0.160
0.005
0.230

0.220

7609WA
1015CW
AJIYA-WA
AMBANK-CW
0.225
0.005
Unch

1925

0.730 0.920
4.580 4.700
56.85
3.17
28/08/2021
22/02/2017
0.185
0.180
0.105
0.125
0.160

0.155

471517
471518
GENM-C17
GENM-C18
0.155
0.180
Unch

45

5.070
5.070
4.800
5.000
5.37
11.05
28/04/2017
13/07/2017
stro
0.245 0.085 0.225 0.220 1015CX AMBANK-CX 0.220 Unch 230 4.580 4.150 2.62 29/09/2017 0.090
3.680
0.090
2.490

3.680

3.640
471521
2291WA
GENM-C21
GENP-WA
0.090
3.650

0.020

40.2
4.244
11.540
5.080 999,94
7.750 -1.21
31/10/2017
17/06/2019
Co
0.045 0.005 0.015 0.010 0159WA AMEDIA-WA 0.015 Unch 2134.9 0.105 1.100 961.90 02/01/2018
0.090 0.040 0.055 0.055 9342WA ANZO-WA 0.055 Unch 70 0.250 0.250 22.00 19/11/2019 0.205 0.020 318230 GENTINGC30 0.020 8.710 8.500 -0.57 17/02/2017 as
0.190 0.020 0.050 0.050 318231 GENTINGC31 0.050 Unch 953 8.710 8.300 -0.11 31/03/2017
0.090
0.045
0.045
0.015
0.070
0.015
0.060
0.015
9342WB
5194WA
ANZO-WB
APFT-WA
0.070
0.015
0.015
-0.010
130.2
0.1
0.250 0.250
0.045 0.400
28.00
822.22
25/08/2023
13/07/2018 2.380 0.990 1.510 1.490 3182WA GENTING-WA 1.490 Unch 1681.2 8.710 7.960 8.50 18/12/2018 de
0.270
0.060
0.050
0.030
0.200

0.195

0119WA
7007WB
APPASIA-WA
ARK-WB
0.195
0.060
Unch

1341

0.340 0.130
0.400 1.000
-4.41
165.00
23/12/2024
30/06/2021
0.195
0.065
0.070
0.025
0.165
0.035
0.150
0.030
1147WA
0074WA
GOB-WA
GOCEAN-WA
0.160
0.035
Unch
0.005
2303.5
338.1
0.415
0.095
0.800 131.33
0.340 294.74
24/12/2019
07/08/2019
the
0.135 0.005 0.005 0.005 521015 ARMADA-C15 0.005 Unch 60 0.680 0.800 18.38 28/02/2017 0.045 0.025 0.035 0.035 7096WA GPA-WA 0.035 -0.005 169.3 0.100 0.100 35.00 03/06/2025
0.140 0.025 0.030 0.030 521019 ARMADA-C19 0.030 Unch 70 0.680 0.720 12.50 17/03/2017 0.200 0.095 0.180 0.170 7676WB GUNUNG-WB 0.180 0.010 124.5 0.480 0.400 20.83 02/10/2020
0.110 0.030 0.075 0.070 521020 ARMADA-C20 0.070 0.005 2591 0.680 0.675 9.56 18/05/2017 0.460 0.110 0.415 0.400 3034CU HAPSENG-CU 0.415 0.040 53 9.210 7.650 1.09 30/08/2017 som
0.460 0.170 2062WC HARBOUR-WC 0.300 0.885 1.560 110.17 03/04/2021
0.050
0.060
0.025
0.050
0.045
0.060
0.045
0.060
521022
521023
ARMADA-C22
ARMADA-C23
0.045
0.060
0.005
0.010
720
542
0.680 0.750
0.680 0.700
20.22
16.18
31/05/2017
31/07/2017 0.150 0.090 0.100 0.100 5168CU HARTA-CU 0.100 0.010 20 4.760 5.000 13.45 13/07/2017 10
0.150
0.115
0.100
0.085
0.150
0.115
0.140
0.115
521024
521025
ARMADA-C24
ARMADA-C25
0.150
0.115
0.015
0.025
1245.5
100
0.680 0.600
0.680 0.630
10.29
14.63
30/11/2017
31/07/2017
0.135
0.120
0.115
0.115




5168CV
5168CW
HARTA-CV
HARTA-CW
0.135
0.120




4.745
4.714
4.720 147,023
4.880 131,598
31/10/2017
31/10/2017
ye
0.025 0.015 0.025 0.020 0150WA ASIABIO-WA 0.020 Unch 650 0.060 0.100 100.00 19/04/2024 1.320
0.130
0.830
0.065
1.220
0.105
1.190
0.100
5095WB
5072WB
HEVEA-WB
HIAPTEK-WB
1.220
0.100
0.010
Unch
215
5897.1
1.470
0.340
0.250
0.500
0.00
76.47
28/02/2020
23/06/2021
op
0.175 0.055 0.110 0.105 0105WA ASIAPLY-WA 0.105 Unch 995 0.185 0.100 10.81 13/12/2020
0.210 0.165 0.180 0.180 6399C1 ASTRO-C1 0.180 -0.005 80 2.790 2.600 6.09 30/11/2017 0.560 0.265 0.385 0.360 5169WA HOHUP-WA 0.360 Unch 607.7 0.860 0.600 11.63 21/12/2018
0.300 0.115 0.175 0.170 7213WB HOVID-WB 0.175 Unch 568.9 0.325 0.180 9.23 05/06/2018
0.035
0.030
0.010
0.020
0.020
0.020
0.015
0.020
0072WA
0072WB
AT-WA
AT-WB
0.020
0.020
0.005
-0.005
330.8
0.2
0.035 0.090
0.035 0.030
214.29
42.86
28/01/2019
17/10/2019 0.955 0.075 0.125 0.110 65160 HSI-C60 0.110 -0.005 190.4 13,582 24,200 78.90 27/02/2017 in
0.380
0.195
0.190
0.015
0.285
0.025
0.280
0.025
7078WA
4162CF
AZRB-WA
BAT-CF
0.285
0.025
0.005
0.005
11
50
0.670 0.700
46.480 50.000
47.01
9.72
13/05/2024
28/04/2017
1.360
1.460
0.295
0.650
0.655

0.600

65162
65164
HSI-C62
HSI-C64
0.625
1.420
0.025

2008.6

13,583
13,582
22,800
21,400
71.99
66.96
27/02/2017
27/02/2017
eco
0.210 0.005 5248CN BAUTO-CN 0.005 2.050 2.128 4.27 28/02/2017 0.560
0.820
0.035
0.170
0.040
0.330
0.035
0.305
65166
65168
HSI-C66
HSI-C68
0.040
0.325
Unch
0.010
233
256
13,583
13,583
26,000
24,600
91.67
83.25
30/03/2017
30/03/2017
to
0.165 0.085 5248CP BAUTO-CP 0.085 2.050 2.450 27.80 09/05/2017
0.095 0.095 5248CQ BAUTO-CQ 0.095 2.050 2.300 23.78 22/08/2017 1.170 0.370 0.735 0.705 65170 HSI-C70 0.735 0.005 110 13,583 23,200 75.67 30/03/2017 de
0.175 0.120 0.155 0.145 7241WA BHS-WA 0.150 0.005 1679.2 0.435 0.600 72.41 18/10/2020 0.510 0.150 0.315 0.290 65172 HSI-C72 0.300 0.005 8005.8 13,583 25,000 86.03 27/04/2017
0.385 0.260 0.375 0.330 5258WA BIMB-WA 0.365 0.040 4305.8 4.400 4.720 15.57 04/12/2023 0.865 0.335 0.695 0.670 65174 HSI-C74 0.690 0.020 255 13,583 23,600 78.31 27/04/2017
0.170
0.130
0.070
0.095

0.120

0.115
6998WA
0179WA
BINTAI-WA
BIOHLDG-WA
0.130
0.115

Unch 2398.3
0.250 0.200
0.230 0.220
32.00
45.65
15/06/2020
05/01/2022
1.280
0.650
0.740
0.320

0.640

0.620
65176
65178
HSI-C76
HSI-C78
1.180
0.635

Unch

199
13,582
13,583
22,200
24,000
71.26
80.89
27/04/2017
29/05/2017
new
0.265 0.080 3239WA BJASSET-WA 0.180 0.875 1.000 34.86 16/03/2018 1.120
1.580
0.600
1.040
1.110

1.110

65180
65182
HSI-C80
HSI-C82
1.110
1.440
0.060

10

13,583
13,583
22,600
21,200
73.73
65.61
29/05/2017
29/05/2017
vow
0.055 0.020 3395C2 BJCORP-C2 0.030 0.385 0.369 4.90 28/02/2017
0.160 0.060 0.110 0.105 3395WB BJCORP-WB 0.110 Unch 1583 0.385 1.000 188.31 22/04/2022 0.600 0.305 0.600 0.570 65184 HSI-C84 0.600 0.015 90 13,583 24,400 83.60 29/06/2017 tyc
0.165 0.050 0.120 0.110 3395WC BJCORP-WC 0.115 Unch 10020.9 0.385 1.000 189.61 29/05/2026 0.930 0.625 65186 HSI-C86 0.930 13,583 23,000 75.48 29/06/2017
1.410 0.800 5196WA BJFOOD-WA 1.000 1.760 0.700 -3.41 08/08/2017 1.490 0.955 65188 HSI-C88 1.490 13,582 21,600 68.90 29/06/2017
0.155 0.085 1562CU BJTOTO-CU 0.085 2.980 3.100 12.58 31/07/2017 0.635 0.505 0.630 0.625 65190 HSI-C90 0.630 0.005 60 13,583 24,800 86.75 28/07/2017
0.070 0.035 7187WA BKOON-WA 0.065 0.150 0.200 76.67 07/07/2023 0.855 0.825 65192 HSI-C92 0.855 13,583 23,400 77.94 28/07/2017
0.145 0.060 0.090 0.085 7036WB BORNOIL-WB 0.090 0.005 26.8 0.175 0.100 8.57 28/02/2018 0.520 0.005 0.005 0.005 65165 HSI-H65 0.005 -0.005 150 13,583 20,600 51.69 27/02/2017
0.125 0.070 0.095 0.085 7036WC BORNOIL-WC 0.095 0.005 9424.2 0.175 0.100 11.43 08/11/2025 0.830 0.025 0.035 0.025 65167 HSI-H67 0.025 -0.025 2653 13,583 22,000 62.12 27/02/2017
0.135 0.060 0.080 0.075 9938WB BRIGHT-WB 0.080 0.010 143 0.345 0.820 160.87 12/01/2019 1.270 0.250 0.285 0.250 65169 HSI-H69 0.260 -0.065 1735.9 13,583 23,400 73.99 27/02/2017
0.105 0.040 0.080 0.080 7188WA BTM-WA 0.080 -0.005 40 0.290 0.940 251.72 20/12/2019 1.100 0.300 0.330 0.300 65171 HSI-H71 0.310 -0.045 8288.1 13,583 22,600 68.43 30/03/2017
0.210 0.080 7188WB BTM-WB 0.210 0.290 0.200 41.38 23/10/2024 1.820 0.735 0.750 0.735 65173 HSI-H73 0.735 -0.055 12.5 13,583 24,000 81.56 30/03/2017
0.180 0.060 181810 BURSA-C10 0.060 8.740 9.000 5.72 10/04/2017 2.350 1.330 1.340 1.340 65175 HSI-H75 1.340 -0.010 1 13,583 25,400 95.87 30/03/2017
0.100 0.060 181811 BURSA-C11 0.060 8.740 8.900 5.26 30/11/2017 0.850 0.250 0.260 0.250 65177 HSI-H77 0.250 -0.030 130 13,583 21,600 60.67 27/04/2017
1.310 0.950 1.130 1.090 7174WA CAB-WA 1.120 0.010 169.2 1.730 0.550 -3.47 08/02/2020 1.140 0.475 0.520 0.475 65179 HSI-H79 0.500 -0.055 73 13,583 23,000 72.63 27/04/2017
0.140 0.110 0.140 0.140 7076CD CBIP-CD 0.140 0.010 10 2.130 2.000 7.04 18/08/2017 2.080 0.950 0.965 0.950 65181 HSI-H81 0.965 -0.085 3 13,583 24,400 86.03 27/04/2017
0.505 0.290 0.410 0.395 7076WA CBIP-WA 0.410 0.025 259.6 2.130 2.400 31.92 06/11/2019 0.735 0.215 0.230 0.215 65183 HSI-H83 0.220 -0.020 250 13,583 20,600 53.11 29/05/2017
0.095 0.015 0.025 0.025 5195WA CENSOF-WA 0.025 Unch 57.5 0.230 0.460 110.87 18/07/2017 0.870 0.430 65185 HSI-H85 0.430 13,583 22,000 64.81 29/05/2017
0.120 0.045 0.060 0.060 5195WB CENSOF-WB 0.060 -0.005 180.5 0.230 0.460 126.09 07/10/2019 1.330 0.760 0.780 0.760 65187 HSI-H87 0.770 -0.115 5.3 13,583 23,400 77.37 29/05/2017
0.225 0.100 0.190 0.185 102312 CIMB-C12 0.190 0.010 5053 5.170 4.500 1.74 17/03/2017 1.040 0.475 65189 HSI-H89 0.475 13,583 21,000 57.75 29/06/2017
0.155 0.070 0.115 0.115 102314 CIMB-C14 0.115 -0.005 125 5.170 5.000 10.06 10/07/2017 0.965 0.660 0.675 0.660 65191 HSI-H91 0.670 -0.050 4.6 13,583 22,400 69.35 29/06/2017
0.095 0.040 0.075 0.075 0102WA CONNECT-WA 0.075 -0.005 215 0.155 0.100 12.90 17/09/2021 1.590 1.240 65193 HSI-H93 1.290 13,583 23,800 83.76 29/06/2017
0.085 0.035 0.075 0.070 0102WB CONNECT-WB 0.075 -0.010 323 0.155 0.100 12.90 07/06/2021 0.735 0.595 65195 HSI-H95 0.600 13,583 21,400 61.52 28/07/2017
0.025 0.005 5214WA CSL-WA 0.005 0.070 1.150 1,550 18/09/2017 1.000 0.940 0.940 0.940 65197 HSI-H97 0.940 -0.010 20 13,583 22,800 74.08 28/07/2017
0.150 0.020 0.135 0.125 0051WA CUSCAPI-WA 0.130 Unch 1196.9 0.235 0.270 70.21 24/04/2018 1.550 1.360 1.370 1.360 65199 HSI-H99 1.370 -0.130 3.9 13,582 24,200 87.25 28/07/2017
0.015 0.005 0.015 0.010 7179WB DBE-WB 0.015 0.005 2642.5 0.035 0.050 85.71 22/01/2022 0.100 0.040 0.065 0.040 7013WA HUBLINE-WA 0.055 -0.045 24664.6 0.150 0.160 43.33 04/11/2019
0.030 0.005 0152WA DGB-WA 0.010 0.035 0.110 242.86 22/04/2018 0.030 0.015 0.025 0.025 9601WD HWGB-WD 0.025 Unch 900 0.060 0.180 241.67 15/03/2021 M
0.090 0.080 727710 DIALOG-C10 0.080 1.540 1.550 16.23 10/07/2017 0.210 0.155 0.205 0.190 4251WA IBHD-WA 0.190 -0.015 66 0.635 1.410 151.97 08/10/2019
0.200 0.120 694713 DIGI-C13 0.160 5.110 4.500 0.59 22/02/2017 0.380 0.160 9687WB IDEALUBB-WB 0.380 0.770 1.000 79.22 30/03/2021
0.270 0.150 0.250 0.250 694714 DIGI-C14 0.250 0.080 200 5.110 4.600 -0.20 28/04/2017 0.115 0.020 0.020 0.020 5225C1 IHH-C1 0.020 -0.035 0.5 6.250 6.800 10.40 22/02/2017
0.125 0.125 694716 DIGI-C16 0.125 5.110 5.300 13.50 28/08/2017 0.170 0.115 0.170 0.170 0166CS INARI-CS 0.170 0.015 100 1.880 1.600 3.19 09/05/2017
0.085 0.045 0.085 0.080 0029WB DIGISTA-WB 0.085 0.010 488.8 0.185 0.260 86.49 04/04/2023 0.135 0.065 0.095 0.095 0166CT INARI-CT 0.095 Unch 40 1.880 1.800 4.08 31/03/2017
0.095 0.045 0.070 0.065 4456WD DNEX-WD 0.065 -0.005 4753.4 0.290 0.500 94.83 30/07/2021 0.165 0.130 0.165 0.165 0166CY INARI-CY 0.165 0.030 80 1.880 1.700 7.98 16/08/2017
0.110 0.060 0.085 0.075 7114WA DNONCE-WA 0.085 Unch 84.3 0.265 0.250 26.42 25/11/2020 1.700 1.351 0166WA INARI-WA 1.700 1.880 0.132 -2.55 04/06/2018
0.120 0.120 5835WC DOLMITE-WC 0.120 0.410 0.500 51.22 08/08/2017 1.060 0.525 1.060 1.030 0166WB INARI-WB 1.060 0.040 1837.6 1.880 0.800 -1.06 17/02/2020
0.255
0.325
0.050
0.080
0.180
0.010
0.090
0.210
0.015
0.085
0.210
0.015
5265WA
7169WA
7198WA
DOLPHIN-WA
DOMINAN-WA
DPS-WA
0.085
0.210
0.015
-0.005
-0.005
0.005
1458.3
50
40
0.365 0.800
1.200 1.300
0.085 0.540
142.47
25.83
552.94
29/03/2021
10/09/2020
03/01/2018
0.035
0.250
0.155
0.015
0.155
0.080

0.250
0.155

0.225
0.155
0094WA
3379WB
196113
INIX-WA
INSAS-WB
IOICORP-C13
0.020
0.250
0.155

0.025
0.030
7198

50
0.080
0.875
4.690
0.100
1.000
4.400
50.00
42.86
3.73
16/11/2020
25/02/2020
31/10/2017
Bu
0.120 0.045 5249CL IOIPG-CL 0.050 2.120 2.380 19.34 28/04/2017
0.070
0.390
0.035
0.055
0.040
0.220
0.040
0.180
7198WB
161922
DPS-WB
DRBHCOMC22
0.040
0.220
Unch
0.040 2674.3
20 0.085 0.100
1.330 1.000
64.71
0.00
15/01/2025
17/02/2017 0.200 0.110 0.135 0.135 8834WB IREKA-WB 0.135 -0.005 20 0.655 1.000 73.28 25/06/2019 Ma
0.170 0.005 0.035 0.025 161923 DRBHCOMC23 0.035 0.010 3998.6 1.330 1.300 4.85 28/02/2017 0.060 0.020 0.060 0.050 7183WA IRETEX-WA 0.050 0.005 8747 0.275 0.800 209.09 10/06/2019
0.175 0.040 0.070 0.070 161924 DRBHCOMC24 0.070 Unch 200 1.330 1.500 25.94 06/06/2017 0.150 0.010 0.040 0.030 5175WA IVORY-WA 0.035 -0.005 5594.3 0.505 0.750 55.45 26/04/2017 Y
0.145 0.025 161925 DRBHCOMC25 0.040 1.330 1.550 24.06 31/03/2017 0.065 0.020 0.060 0.050 0024WA JAG-WA 0.060 0.010 18839.8 0.150 0.100 6.67 14/08/2019 H
0.140 0.030 0.090 0.070 161926 DRBHCOMC26 0.085 0.020 3766.7 1.330 1.550 26.13 30/08/2017 0.380 0.105 5161C1 JCY-C1 0.330 0.625 0.550 14.40 18/08/2017 0
0.070 0.030 0.065 0.065 161927 DRBHCOMC27 0.065 0.010 610 1.330 1.700 37.59 22/08/2017 0.125 0.005 0.050 0.045 5161CX JCY-CX 0.050 Unch 1795.4 0.625 0.600 4.00 14/03/2017 0
0.175 0.105 0.175 0.155 161928 DRBHCOMC28 0.175 0.020 27178.6 1.330 1.050 11.84 30/06/2017 0.110 0.045 0.080 0.080 9083WB JETSON-WB 0.080 -0.015 21.5 0.365 0.750 127.40 06/02/2019 0
0.160 0.105 0.160 0.145 161929 DRBHCOMC29 0.160 0.025 1011 1.330 1.200 14.29 16/08/2017 0.090 0.060 0.085 0.085 8923WA JIANKUN-WA 0.085 0.005 49.2 0.280 0.320 44.64 23/12/2021 0
0.200 0.115 0.200 0.180 161930 DRBHCOMC30 0.200 0.020 6474.9 1.330 1.100 12.78 30/11/2017 0.570 0.205 0.570 0.540 7167WA JOHOTIN-WA 0.560 0.015 5072 1.390 0.850 1.44 21/11/2017 0
0.125 0.085 0.125 0.115 161931 DRBHCOMC31 0.125 0.015 3154.2 1.330 1.250 19.36 31/07/2017 0.155 0.085 0.110 0.105 4383CL JTIASA-CL 0.110 -0.005 421 1.420 1.300 7.04 06/06/2017 0
0.135 0.005 5216CQ DSONIC-CQ 0.005 1.140 1.650 45.79 28/02/2017 0.025 0.010 0.015 0.015 3115WC KBUNAI-WC 0.015 -0.005 850 0.055 0.131 165.45 20/10/2023 0
0.070 0.040 5216CR DSONIC-CR 0.040 1.140 1.450 37.72 28/07/2017 1.550 0.705 1.470 1.430 7161WA KERJAYA-WA 1.470 0.080 355.3 2.380 0.880 -1.26 20/12/2017 0
0.055 0.040 5216CS DSONIC-CS 0.040 1.140 1.650 55.26 28/07/2017 0.150 0.060 0.150 0.125 0151WA KGB-WA 0.145 0.020 912 0.400 0.500 61.25 12/06/2019 0
0.105 0.075 0.075 0.075 5216CU DSONIC-CU 0.075 Unch 312.5 1.140 1.300 30.48 31/07/2017 0.025 0.005 0.015 0.010 0036WA KGROUP-WA 0.015 0.005 626.2 0.045 0.100 155.56 02/07/2018 0
0.080 0.075 0.075 0.075 5216CV DSONIC-CV 0.075 -0.005 265 1.140 1.300 27.19 31/10/2017 0.880 0.450 0.720 0.695 5171WA KIMLUN-WA 0.695 -0.020 394.2 2.150 1.680 10.47 12/03/2024 0
0.100 0.055 0.090 0.085 3417C5 E&O-C5 0.090 0.005 800 1.720 1.650 6.40 15/06/2017 0.095 0.020 0.030 0.025 7164WA KNM-WA 0.025 -0.005 1259.7 0.360 0.980 179.17 15/11/2017 0
0.260 0.120 0.160 0.150 3417WB E&O-WB 0.150 -0.005 82.7 1.720 2.600 59.88 21/07/2019 0.150 0.095 0.120 0.120 7164WB KNM-WB 0.120 Unch 439.7 0.360 1.000 211.11 21/04/2020 0
0.075 0.025 0.030 0.025 0154WB EAH-WB 0.030 Unch 759 0.055 0.120 172.73 24/02/2019 0.445 0.070 0.130 0.125 7017WB KOMARK-WB 0.130 0.015 1345.8 0.335 0.300 28.36 21/01/2020 0
0.080 0.025 0.025 0.025 0154WC EAH-WC 0.025 Unch 860 0.055 0.100 127.27 18/06/2019 0.810 0.410 0.560 0.485 5878WB KPJ-WB 0.560 0.060 13.3 4.150 4.010 10.12 23/01/2019 0
0.195 0.090 0.120 0.120 3557WC ECOFIRS-WC 0.120 -0.045 32.2 0.280 0.300 50.00 10/09/2019 0.150 0.030 0.090 0.080 5038CG KSL-CG 0.085 -0.005 1090 1.130 1.200 13.72 06/06/2017 0
0.460 0.350 0.415 0.410 8206WA ECOWLD-WA 0.415 Unch 261.1 1.490 2.080 67.45 26/03/2022 0.650 0.450 0.610 0.590 9385WA LAYHONG-WA 0.610 -0.015 100.6 0.920 0.400 9.78 13/10/2021 0
0.180 0.055 0.060 0.060 0107WA EDUSPEC-WA 0.060 Unch 405.1 0.200 0.180 20.00 24/12/2018 0.375 0.100 0.165 0.150 8494WA LBICAP-WA 0.150 -0.020 80 1.170 1.000 -1.71 17/04/2018 0
1.480 0.400 1.150 1.110 0065WA EFORCE-WA 1.120 0.020 531.1 1.670 0.680 7.78 17/07/2019 0.760 0.320 0.760 0.745 5789WA LBS-WA 0.750 0.005 243.1 1.800 1.000 -2.78 11/06/2018 0
0.685 0.425 0.585 0.575 8907WC EG-WC 0.585 0.010 448.3 0.905 0.500 19.89 03/11/2020 0.535 0.230 0.520 0.500 5789WB LBS-WB 0.505 0.010 796.6 1.800 1.250 -2.50 04/10/2020 0
0.065 0.005 0.025 0.020 7182WA EKA-WA 0.020 -0.005 5133.6 0.085 0.200 158.82 22/01/2019 0.220 0.150 0.175 0.175 7126WA LONBISC-WA 0.175 -0.005 23 0.755 1.000 55.63 26/01/2020 0
1.560 0.260 1.560 1.530 8877WB EKOVEST-WB 1.540 Unch 433.9 2.850 1.350 1.40 25/06/2019 0.045 0.020 0.040 0.040 5068WA LUSTER-WA 0.040 0.005 4171.8 0.095 0.100 47.37 03/06/2022 0
0.280 0.020 0.025 0.025 7149WA ENGKAH-WA 0.025 Unch 25 1.580 3.500 123.10 25/09/2017 0.045 0.020 0.040 0.040 5068WB LUSTER-WB 0.040 Unch 0.3 0.095 0.100 47.37 26/05/2023 0
0.510 0.305 0.395 0.385 5056WA ENGTEX-WA 0.395 0.005 401.2 1.270 0.830 -3.54 25/10/2017 0.060 0.015 0.025 0.025 0017WA M3TECH-WA 0.025 Unch 100 0.055 0.100 127.27 21/08/2019 0
0.585 0.040 0.190 0.180 7249WA EWEIN-WA 0.180 -0.005 1491.9 0.795 0.610 -0.63 09/06/2017 0.750 0.210 0.710 0.685 7617WB MAGNA-WB 0.685 -0.025 194 1.630 0.900 -2.76 04/09/2020 0
0.085 0.005 0.015 0.010 3689CB F&N-CB 0.010 -0.005 127.5 23.180 24.800 7.85 30/06/2017 0.145 0.030 0.035 0.030 8583C5 MAHSING-C5 0.035 -0.005 261 1.490 1.650 14.73 31/03/2017 0
0.230 0.100 0.195 0.185 7047WB FAJAR-WB 0.190 Unch 2858.1 0.615 0.700 44.72 24/09/2019 0.110 0.035 0.035 0.035 8583C7 MAHSING-C7 0.035 -0.005 299.8 1.490 1.700 19.97 10/07/2017 0
0.265 0.125 0.185 0.175 9776WB FARMBES-WB 0.180 0.005 700.7 0.775 1.000 52.26 13/07/2018 0.265 0.140 0.175 0.170 8583WB MAHSING-WB 0.175 Unch 307.9 1.490 1.440 8.39 16/03/2018 1
0.150 0.090 56012 FB-C12 0.105 596.40 644.81 20.44 28/07/2017 0.160 0.085 0.110 0.110 8583WC MAHSING-WC 0.110 -0.005 168.2 1.490 2.100 48.32 21/02/2020 0
0.105 0.045 0.105 0.105 06501A FBMKLCI-C1A 0.105 0.010 30 1,710 1,640 0.19 31/05/2017 0.130 0.010 0.010 0.010 5264CP MALAKOF-CP 0.010 Unch 2800 1.280 1.700 33.98 09/05/2017 0
0.235 0.110 06501B FBMKLCI-C1B 0.145 1,710 1,740 3.86 28/04/2017 0.100 0.035 0.035 0.035 5264CR MALAKOF-CR 0.035 -0.005 200 1.280 1.500 22.66 28/07/2017 0
0.360 0.200 0.330 0.325 06501C FBMKLCI-C1C 0.330 0.035 302 1,710 1,660 1.89 28/04/2017 0.100 0.040 0.045 0.045 5264CT MALAKOF-CT 0.045 Unch 646.6 1.280 1.500 20.70 31/10/2017 0
0.060 0.030 06501D FBMKLCI-C1D 0.060 1,710 1,680 0.69 30/06/2017 0.065 0.045 0.045 0.045 5264CV MALAKOF-CV 0.045 Unch 20 1.280 1.400 19.92 31/07/2017 0
0.295 0.180 0.295 0.295 06501H FBMKLCI-C1H 0.295 0.030 301.6 1,710 1,690 3.13 31/05/2017 0.275 0.085 0.275 0.250 6181WB MALTON-WB 0.275 0.025 2800.9 0.910 1.000 40.11 29/06/2018 0
0.430 0.320 06501I FBMKLCI-C1I 0.420 1,710 1,610 0.28 31/05/2017 0.015 0.005 0.010 0.005 5189WA MAXWELL-WA 0.010 0.005 670.2 0.025 0.400 1,540 24/03/2020 0
0.120 0.065 06501J FBMKLCI-C1J 0.120 1,710 1,625 -0.07 31/07/2017 0.165 0.080 0.165 0.155 115524 MAYBANKC24 0.155 0.010 730 8.350 8.000 0.45 30/06/2017 0
0.325 0.230 06501K FBMKLCI-C1K 0.325 1,710 1,670 2.40 30/06/2017 0.265 0.115 0.185 0.175 115526 MAYBANKC26 0.175 0.020 120.5 8.350 8.300 5.69 07/07/2017 0
0.420 0.385 06501L FBMKLCI-C1L 0.415 1,710 1,590 -0.96 30/06/2017 0.535 0.185 0.525 0.505 5152WA MBL-WA 0.525 0.015 224.6 1.120 0.800 18.30 28/11/2022 0
0.105 0.090 06501O FBMKLCI-C1O 0.105 1,710 1,635 -0.10 30/08/2017 0.225 0.020 0.075 0.060 5983WA MBMR-WA 0.060 -0.015 511.9 2.350 3.200 38.72 14/06/2017 0
0.295 0.250 0.295 0.290 06501P FBMKLCI-C1P 0.295 0.025 1108 1,710 1,730 5.47 31/07/2017 0.065 0.025 0.055 0.050 5040WB MEDAINC-WB 0.055 0.005 109.2 0.490 0.600 33.67 22/04/2022 0
0.425 0.420 06501Q FBMKLCI-C1Q 0.425 1,710 1,650 2.69 31/07/2017 0.405 0.130 0.195 0.190 1694WB MENANG-WB 0.190 -0.005 142 0.805 1.000 47.83 09/07/2019 0
0.085 0.015 0.065 0.065 65084 FBMKLCI-C84 0.065 0.005 848.9 1,710 1,660 -0.28 28/02/2017 0.185 0.010 0.125 0.120 0075WA MEXTER-WA 0.125 0.005 241 0.245 0.130 4.08 17/09/2018 0
0.060 0.010 0.030 0.025 65088 FBMKLCI-C88 0.030 0.010 1032 1,710 1,690 0.04 31/03/2017 1.310 0.305 1.310 1.230 3069WA MFCB-WA 1.260 0.010 1148.6 2.800 2.220 24.29 08/04/2020 0
0.215 0.080 65090 FBMKLCI-C90 0.085 1,710 1,770 4.74 28/02/2017 0.415 0.020 0.040 0.035 3662WB MFLOUR-WB 0.035 -0.010 1592.2 1.460 2.060 43.49 09/05/2017 0
0.330 0.100 65092 FBMKLCI-C92 0.120 1,710 1,690 0.57 28/02/2017 0.140 0.045 0.110 0.095 5186C1 MHB-C1 0.095 -0.005 1268.5 0.990 1.000 13.01 29/09/2017 0
0.085 0.030 0.085 0.085 65094 FBMKLCI-C94 0.085 0.005 6.5 1,710 1,650 -0.04 28/04/2017 0.115 0.095 0.095 0.095 5186C2 MHB-C2 0.095 Unch 320 0.990 1.150 35.35 31/10/2017 0
0.265 0.145 65096 FBMKLCI-C96 0.190 1,710 1,710 2.76 31/03/2017 0.100 0.030 0.065 0.055 5026WA MHC-WA 0.055 -0.005 742 0.945 1.560 70.90 28/07/2017 0
0.405 0.220 65098 FBMKLCI-C98 0.245 1,710 1,630 -1.11 31/03/2017 0.355 0.175 0.265 0.240 5576WC MINHO-WC 0.245 -0.015 509.1 0.630 0.500 18.25 02/08/2021 0
0.325 0.090 06502A FBMKLCI-H2A 0.090 1,710 1,600 -5.13 31/03/2017 0.145 0.025 0.060 0.050 3816C8 MISC-C8 0.055 Unch 1128.5 7.610 7.500 2.17 31/05/2017 0
0.485 0.160 0.165 0.160 06502B FBMKLCI-H2B 0.165 -0.130 15.1 1,710 1,680 0.64 31/03/2017 0.625 0.350 0.490 0.485 9571WD MITRA-WD 0.485 Unch 43 1.260 1.090 25.00 23/08/2020 0
0.135 0.020 0.020 0.020 06502C FBMKLCI-H2C 0.020 Unch 200 1,710 1,640 -3.29 31/05/2017 1.380 0.600 1.240 1.220 6114WB MKH-WB 1.240 Unch 212.3 3.150 1.890 -0.63 29/12/2017 0
0.360 0.185 06502D FBMKLCI-H2D 0.190 1,710 1,620 -2.50 28/04/2017 0.400 0.140 0.365 0.360 7595WA MLGLOBAL-WA 0.365 -0.030 38.4 0.865 0.500 0.00 27/10/2019 0
0.500 0.270 06502E FBMKLCI-H2E 0.270 1,710 1,700 3.35 28/04/2017 0.190 0.100 0.110 0.105 2194C4 MMCCORP-C4 0.110 0.010 165 2.370 2.250 4.22 31/07/2017 0
0.200 0.040 0.045 0.040 06502F FBMKLCI-H2F 0.040 -0.005 840 1,710 1,680 -0.13 30/06/2017 0.035 0.020 0.035 0.030 0103WA MNC-WA 0.035 0.005 11349 0.065 0.100 107.69 05/11/2021 0
0.130 0.015 0.015 0.015 65099 FBMKLCI-H99 0.015 -0.005 550 1,710 1,650 -2.91 28/04/2017 0.140 0.075 0.140 0.135 3867CD MPI-CD 0.135 Unch 97 8.910 8.300 6.79 06/06/2017 0
0.565 0.120 0.215 0.200 8605WB FFHB-WB 0.215 0.010 53 0.765 0.500 -6.54 30/03/2017 0.180 0.070 0.170 0.160 3867CE MPI-CE 0.160 -0.010 145 8.910 8.100 5.27 13/07/2017 0
0.605 0.130 0.315 0.280 522212 FGV-C12 0.285 -0.025 2113.6 1.910 1.350 0.52 14/03/2017 0.070 0.020 0.025 0.025 0070WA MQTECH-WA 0.025 -0.005 348.9 0.050 0.100 150.00 21/11/2021 0
0.705 0.115 0.320 0.300 522213 FGV-C13 0.300 -0.020 109 1.910 1.500 2.09 28/04/2017 0.155 0.035 0.135 0.130 1651C7 MRCB-C7 0.135 0.010 1519 1.500 1.220 -0.67 31/03/2017 0
0.490 0.070 0.195 0.165 522214 FGV-C14 0.170 -0.020 2193 1.910 1.600 1.57 17/03/2017 0.190 0.070 0.190 0.170 1651C9 MRCB-C9 0.190 0.040 16.6 1.500 1.450 9.33 30/08/2017 0
0.360 0.020 0.045 0.040 522215 FGV-C15 0.040 -0.005 210 1.910 1.900 4.08 28/02/2017 0.165 0.085 0.120 0.110 1651WA MRCB-WA 0.120 0.005 1863.9 1.500 2.300 61.33 14/09/2018 0
0.255 0.025 0.080 0.065 522216 FGV-C16 0.070 -0.010 17550.8 1.910 1.950 13.09 09/05/2017 0.030 0.005 0.010 0.010 0092WA MTOUCHE-WA 0.010 Unch 132.5 0.075 0.890 1,100 17/01/2018 0
 T U E SDAY F E BRUA RY 14 , 2017 T HEED G E FINA NCIA L DA ILY
Markets 2 9
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S

RY
ATE
China Stocks rise for fourth day, Most sectors gained ground, while energy Japan Nikkei rises to more than two- they fretted about whether currencies or
017
scale two-month high as materials rm and real estate shares lagged behind. Stocks week highs on weaker yen, Trump relief the Bank of Japans monetary easing steps
017 related to the high-profile One Belt, One would attract Trumps ire.
017
017 SHANGHAI: China main stock indices Road initiative took a breather after a recent TOKYO: Japans Nikkei Share Average rose Data released earlier yesterday showed
017
017
rose for their fourth straight day of gains strong rally, though underlying optimism to a more than two-week high yesterday, Japans economy grew for a fourth straight
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yesterday to a fresh two-month high, as the spread to more sectors, in particular helped by Wall Street breaking records, a quarter in the final three months of last
018 materials sector underpinned the market consumer staples and financials. weaker yen and relief that talks between year thanks to strong exports, though weak
019
019 on the back of strong commodities. Liquor maker Yanghe Brewery surged as US President Donald Trump and Japans private consumption and rising protectionism
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The blue-chip CSI 300 Index rose 0.7% much as 10%, the maximum allowed, to hit Prime Minister Shinzo Abe yielded no in the US suggested a sustainable recovery
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to 3,436.28 points, while the Shanghai a 20-month high, while China Molybdenum negative surprises. could be some way off.
017 Composite Index gained 0.63% to 3,216.84. shot up 7% in its best day since early The Nikkei gained 0.41% or 80.22 points The broader market shrugged off news
017
021 Some good news over the weekend, November. to 19,459.15, its highest closing since Jan that North Korea fired a ballistic missile into
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including a rally in metals prices, supported Hong Kong shares closed at a four- 27. the sea off its east coast early on Sunday,
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the market, said Tian Weidong, analyst at month high yesterday, underpinned by The January high of 19,615.40 is in the first time the isolated state has tested
017 Kaiyuan Securities in Xian. the materials sector following a rally in sight, said Yutaka Miura, a senior technical such a device since Trumps election.
017
017 Shares in metals producers rose commodities prices and thanks to capital analyst at Mizuho Securities. The Tokyo Stock Exchanges mining
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strongly, led by copper producers Jiangxi flows from the mainland. It might not be topped last Friday, but subindex gained 5.5%, while the oil and
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Copper, adding 3.5% to a 2-month high, The Hang Seng Index rose 0.58% to it would not be surprising if it was attained coal subindex rose 3.2%.
017 as copper prices surged after BHP Billiton 23,710.98 points, its highest close since later last week, he said. Crude oil futures rallied last Friday on
017
018 declared force majeure due to a strike at Oct 11. The China Enterprises Index gained Wall Streets main stock indices rose to reports that Opec members delivered more
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the worlds biggest copper mine in Chile. 1.3% to 10,257.84, its highest since end- fresh all-time closing highs last Friday as a than 90% of output cuts they pledged in a
025
020
Tian said liquidity concerns also eased November 2015. spike in oil prices supported energy shares landmark deal that took effect in January,
017 somewhat as Chinas central bank injected The market was also supported by rising and investors renewed their optimism about though they gave back some of those gains
021
017 100 billion yuan into money markets southbound inflows through the Shanghai- Trumps economic agenda. yesterday.
017
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yesterday after skipping open market Hong Kong Stock Connect, which used On Abes US visit, Trump abruptly set Oil producer Inpex Corp jumped 4.85%,
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operations for six trading days. 24% last Fridays daily quota, compared aside campaign pledges to force Tokyo to scaling its highest levels in more than three
018 Chinese equities have been supported with an average of less than 11% in January. pay more for US defence aid as well as his weeks, after it forecast higher profits for
018
017 in recent weeks by signs of stabilising Most sectors gained ground, led by past complaints that Japan was artificially the fiscal year through March.
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economic growth, though a turn by Beijing materials and industrials, while property weakening its currency. But consumer goods maker Lion Corp
017
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to tighter policy settings has restrained developers contracted 0.4% after hitting a The mood here is clearly one of relief, fell 7.63% after it forecast its 2017 operating
017 demand. nearly 3-month high in the previous session. said Stefan Worrall, director of Japan equity profit would rise 10.2%, slowing sharply
017
017 Market response seemed muted to Shares in Geely Automobile Holdings sales at Credit Suisse in Tokyo. from 2016s 49.6% increase.
017
017
news that Chinas top securities regulator Ltd jumped 6.9% to an all-time high on Going into the summit, the degree The broader Topix gained 0.5% to
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vowed to apprehend law-breaking financial news it would join the Hang Seng Index of anxious hand-wringing by Japanese 1,554.2, while the JPX-Nikkei Index 400
017 tycoons he called giant crocodiles. as a constituent on March 6. policymakers was palpable, he said, as rose 0.5% to 13,946.05. Reuters
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Shanghai Composite Hang Seng Nikkei 225 FT Straits Times
017 Index points Index points
017
Index points Index points
5800 3,216.84 28900 20800 3600
017
017 +20.14
017 (+0.63%) 2,774.06
017 4825 25625 21,056.93 17625 3300
017
017
017
017
3850 22350 14450 3000
10,172.06
017 3,087.842
017
017 2875 19075 23,710.98 11275 19,459.15 2700
017 +80.22 3,111.63
+136.00 +11.24
017 (+0.41%)
017 (+0.58%) (+0.36%)
017 1900 15800 8100 2400
019
021 Mar 1, 2010 Feb 13, 2017 Mar 1, 2010 Feb 13, 2017 Mar 1, 2010 Feb 13, 2017 Mar 1, 2010 Feb 13, 2017
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Bursa Malaysia Equity Derivatives YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY
017 HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE
019 Main Market & Ace Market Warrants 0.155 0.025 0.050 0.045 0117WA SMRT-WA 0.050 Unch 160 0.190 0.180 21.05 01/08/2017
019 0.540 0.135 0.195 0.190 5213WA SNTORIA-WA 0.195 0.020 48.4 0.725 0.600 9.66 15/04/2019
017 YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY 1.000 0.720 0.800 0.780 5242WA SOLID-WA 0.785 -0.020 30 1.330 0.500 -3.38 16/12/2020
019 HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE 0.255 0.100 0.245 0.240 0093WA SOLUTN-WA 0.240 Unch 2538.8 0.350 0.200 25.71 04/07/2021
017 0.085 0.015 0.030 0.030 0092WB MTOUCHE-WB 0.030 Unch 171 0.075 0.270 300.00 16/03/2020 0.095 0.035 0.080 0.075 0129WA SRIDGE-WA 0.080 Unch 150 0.160 0.180 62.50 24/02/2023
017 0.330 0.150 0.265 0.260 0138C1 MYEG-C1 0.265 -0.010 89 1.610 1.400 8.90 30/06/2017 0.210 0.030 0.050 0.040 7143WA STONE-WA 0.050 Unch 360.3 0.100 0.300 250.00 21/06/2020
019 0.220 0.195 0.205 0.205 13811 MYEG-C11 0.205 Unch 318.3 1.610 1.380 13.73 31/07/2017 0.095 0.025 0.060 0.050 1201WA SUMATEC-WA 0.060 Unch 25.1 0.085 0.320 347.06 03/03/2021
021 0.180 0.070 0.075 0.075 0138C2 MYEG-C2 0.075 Unch 1668 1.610 1.767 17.50 28/04/2017 0.065 0.020 0.050 0.045 1201WB SUMATEC-WB 0.045 Unch 5511 0.085 0.175 158.82 13/11/2018
017 0.180 0.115 0.145 0.140 0138C8 MYEG-C8 0.140 Unch 535 1.610 1.567 11.80 31/10/2017 0.155 0.080 0.080 0.080 5263CG SUNCON-CG 0.080 -0.005 20 1.720 1.600 2.33 27/03/2017
017 0.540 0.300 0.380 0.350 0108WA N2N-WA 0.380 0.020 14.4 0.730 0.320 -4.11 06/04/2018 0.185 0.115 0.120 0.115 5263CH SUNCON-CH 0.120 -0.005 285 1.720 1.700 5.81 30/08/2017
023 0.035 0.015 0.025 0.015 0096WA NEXGRAM-WA 0.025 0.005 809.9 0.045 0.100 177.78 16/05/2022 0.160 0.020 0.025 0.020 710618 SUPERMX-C18 0.025 Unch 890.3 2.100 2.200 7.74 28/04/2017
017 0.025 0.010 0.020 0.020 0096WB NEXGRAM-WB 0.020 Unch 205 0.045 0.260 522.22 21/07/2023 0.135 0.075 0.075 0.075 710621 SUPERMX-C21 0.075 Unch 50 2.100 2.300 16.67 13/07/2017
019 0.035 0.015 0.020 0.020 0096WC NEXGRAM-WC 0.020 Unch 100 0.045 0.100 166.67 15/01/2024 0.250 0.155 0.210 0.200 7082WB SYF-WB 0.200 -0.005 523 0.655 0.700 37.40 11/11/2019
018 0.060 0.005 0.030 0.020 7139WA NICE-WA 0.025 0.005 6823.1 0.110 0.160 68.18 09/08/2017 0.235 0.125 0.225 0.200 1538WB SYMLIFE-WB 0.225 0.025 420.5 0.715 1.100 85.31 11/11/2020
024 0.105 0.010 0.060 0.055 0083WB NOTION-WB 0.060 Unch 1358.6 0.840 1.000 26.19 02/05/2017 0.190 0.130 0.180 0.180 5012CI TAANN-CI 0.180 Unch 10 4.180 3.700 5.74 15/06/2017
017 0.270 0.150 0.260 0.250 0172WA OCK-WA 0.250 Unch 2972.5 0.825 0.710 16.36 15/12/2020 0.955 0.630 0.785 0.760 5191WA TAMBUN-WA 0.760 -0.030 35 1.390 0.600 -2.16 30/05/2017
020 0.160 0.060 0.105 0.100 7071WC OCR-WC 0.100 Unch 2887.9 0.490 0.500 22.45 24/07/2021 0.150 0.085 0.110 0.100 534735 TENAGA-C35 0.110 0.005 911.1 13.660 13.800 5.86 30/11/2017
020 0.150 0.060 0.120 0.120 9008WB OMESTI-WB 0.120 Unch 70 0.460 0.500 34.78 30/05/2018 0.580 0.260 0.490 0.440 7252WA TEOSENG-WA 0.445 -0.035 228.8 1.150 1.350 56.09 29/01/2020
019 0.335 0.195 0.290 0.250 5053WC OSK-WC 0.290 0.040 108 1.480 1.800 41.22 22/07/2020 3.560 1.720 3.060 3.000 7034WA TGUAN-WA 3.040 0.040 230.2 4.450 1.500 2.02 09/10/2019
017 0.070 0.070 0.070 0.070 7052CG PADINI-CG 0.070 -0.080 12 2.430 3.000 32.10 06/06/2017 0.110 0.055 0.085 0.080 7889WB THRIVEN-WB 0.085 0.005 217.1 0.235 0.640 208.51 05/10/2020
021 0.095 0.010 0.040 0.030 0005WA PALETTE-WA 0.035 0.005 4782.9 0.065 0.040 15.38 20/03/2018 0.015 0.005 0.010 0.010 7079WB TIGER-WB 0.010 0.005 120 0.045 0.170 300.00 23/12/2018
018 0.176 0.080 0.160 0.155 5125WA PANTECH-WA 0.160 Unch 128.9 0.470 0.600 61.70 21/12/2020 0.030 0.010 0.015 0.015 7079WC TIGER-WC 0.015 Unch 16 0.045 0.080 111.11 11/02/2021
018 0.190 0.105 0.170 0.160 5125WB PANTECH-WB 0.165 -0.005 1621.8 0.470 0.500 41.49 21/12/2021 0.090 0.025 0.035 0.035 486314 TM-C14 0.035 Unch 420 6.160 6.700 10.19 29/09/2017
020 0.270 0.145 0.200 0.190 5022WA PAOS-WA 0.190 -0.010 433.8 0.570 0.500 21.05 14/12/2021 0.120 0.060 0.075 0.075 486315 TM-C15 0.075 Unch 120 6.160 6.350 7.95 28/08/2017
020 0.155 0.090 0.120 0.120 129512 PBBANK-C12 0.120 0.005 120 20.220 19.550 0.84 31/07/2017 0.315 0.170 0.275 0.270 0101WB TMCLIFE-WB 0.270 Unch 227 0.945 0.750 7.94 21/06/2019
022 0.165 0.065 0.145 0.145 5183C9 PCHEM-C9 0.145 Unch 200 7.220 7.000 3.98 29/09/2017 0.765 0.410 0.680 0.665 8397WC TNLOGIS-WC 0.670 -0.005 845.8 1.700 1.000 -1.76 26/12/2018
023 0.400 0.200 0.225 0.225 9997WB PENSONI-WB 0.225 -0.005 30 0.655 0.600 25.95 20/01/2024 0.460 0.275 0.410 0.395 7285WA TOMYPAK-WA 0.400 -0.005 295.5 1.730 2.290 55.49 21/06/2021
019 0.425 0.120 0.415 0.405 8311WC PESONA-WC 0.405 -0.010 1723 0.680 0.250 -3.68 27/01/2020 0.220 0.155 0.155 0.155 711310 TOPGLOV-C10 0.155 Unch 16 5.140 5.000 10.85 13/07/2017
020 0.205 0.010 0.020 0.020 6033CN PETGAS-CN 0.020 Unch 25.5 20.600 21.200 4.08 31/03/2017 0.160 0.005 0.010 0.005 7113C6 TOPGLOV-C6 0.005 -0.005 1311.2 5.140 5.150 0.68 28/02/2017
017 0.170 0.100 0.155 0.145 3042CB PETRONM-CB 0.155 0.025 187 4.960 4.500 9.48 31/07/2017 0.260 0.160 0.165 0.160 7113C8 TOPGLOV-C8 0.160 -0.015 120 5.140 4.700 3.89 31/03/2017
017 0.905 0.130 0.905 0.900 8869CP PMETAL-CP 0.905 0.035 31 2.290 1.107 -2.26 17/02/2017 0.150 0.060 0.060 0.060 7113C9 TOPGLOV-C9 0.060 -0.005 70 5.140 5.000 3.11 27/03/2017
018 1.900 0.368 1.900 1.870 8869WC PMETAL-WC 1.900 0.050 496.9 2.290 1.100 31.00 22/08/2019 0.390 0.230 0.280 0.275 5401WA TROP-WA 0.275 -0.010 83 0.995 1.000 28.14 06/12/2019
020 0.945 0.615 0.880 0.850 7088WB POHUAT-WB 0.875 0.015 728.3 1.860 1.000 0.81 21/10/2020 0.165 0.045 0.075 0.070 514831 UEMS-C31 0.070 -0.005 3332.2 1.150 1.150 9.13 30/06/2017
017 0.200 0.110 0.150 0.130 4634C3 POS-C3 0.150 0.015 520.5 4.260 4.000 7.98 30/08/2017 0.085 0.020 0.025 0.025 514832 UEMS-C32 0.025 -0.005 200 1.150 1.350 23.91 10/07/2017
017 0.175 0.170 0.175 0.175 4634C6 POS-C6 0.175 0.005 98 4.260 4.000 10.33 18/08/2017 0.070 0.050 0.050 0.050 514834 UEMS-C34 0.050 Unch 100 1.150 1.180 11.30 28/04/2017
017 0.640 0.135 0.620 0.575 7168WA PRG-WA 0.600 Unch 178.5 0.880 0.375 10.80 06/07/2019 0.320 0.015 0.075 0.065 4588CY UMW-CY 0.070 Unch 1412.4 5.520 5.700 9.60 31/05/2017
017 0.690 0.405 0.540 0.525 8966WA PRLEXUS-WA 0.535 0.005 168.7 1.430 1.200 21.33 14/06/2021 0.175 0.075 0.125 0.125 4588CZ UMW-CZ 0.125 Unch 50 5.520 5.600 12.77 22/08/2017
018 0.095 0.040 0.085 0.075 7145WA PSIPTEK-WA 0.080 Unch 887 0.135 0.100 33.33 16/11/2019 0.130 0.030 0.040 0.035 524310 UMWOG-C10 0.040 0.005 627.2 0.710 0.830 22.54 18/05/2017
020 0.060 0.020 0.050 0.040 0007WA PUC-WA 0.045 Unch 1920.3 0.095 0.100 52.63 25/12/2024 0.040 0.015 0.025 0.025 524312 UMWOG-C12 0.025 Unch 400 0.710 0.920 33.10 18/05/2017
017 0.035 0.015 0.035 0.030 0007WB PUC-WB 0.035 0.005 7563.9 0.095 0.100 42.11 15/02/2019 0.090 0.030 0.030 0.030 524313 UMWOG-C13 0.030 Unch 1600 0.710 0.850 30.28 31/05/2017
017 0.950 0.215 0.400 0.400 6807WB PUNCAK-WB 0.400 -0.030 0.8 1.000 1.000 40.00 20/07/2018 0.165 0.015 0.020 0.020 5243C7 UMWOG-C7 0.020 Unch 120 0.710 1.000 43.66 31/05/2017
022 0.355 0.215 0.355 0.340 7134WA PWF-WA 0.355 0.015 360 0.880 0.620 10.80 20/07/2021 0.192 0.055 0.060 0.055 0069WB VIVOCOM-WB 0.055 -0.005 2179.5 0.155 0.200 64.52 07/09/2018
017 0.115 0.065 0.090 0.090 7498WB RALCO-WB 0.090 Unch 30 0.730 1.000 49.32 13/12/2019 0.228 0.075 0.090 0.085 0069WC VIVOCOM-WC 0.085 Unch 1225.2 0.155 0.100 19.35 22/01/2020
022 0.170 0.020 0.155 0.145 5256WA REACH-WA 0.145 -0.005 31751.7 0.640 0.750 39.84 12/08/2022 0.042 0.021 0.030 0.025 7070WB VIZIONE-WB 0.030 Unch 1187.7 0.110 0.160 72.73 20/06/2018
019 0.115 0.030 0.085 0.075 1066CW RHBBANK-CW 0.080 0.010 479 5.100 5.000 4.31 31/05/2017 0.050 0.030 0.040 0.035 7070WC VIZIONE-WC 0.040 0.005 49298.7 0.110 0.100 27.27 05/02/2022
018 0.115 0.060 0.080 0.075 5270WA RSENA-WA 0.075 -0.005 1975 0.440 0.500 30.68 01/12/2023 0.135 0.065 0.135 0.115 6963CG VS-CG 0.115 Unch 4329.9 1.620 1.400 0.62 14/03/2017
020 0.080 0.015 0.015 0.015 0133WB SANICHI-WB 0.015 -0.005 0.5 0.070 0.210 221.43 13/03/2018 0.125 0.065 0.125 0.115 6963CJ VS-CJ 0.115 Unch 218 1.620 1.380 6.48 28/07/2017
017 0.088 0.015 0.020 0.020 0133WC SANICHI-WC 0.020 Unch 35 0.070 0.210 228.57 24/09/2019 0.080 0.020 0.025 0.025 0066WA VSOLAR-WA 0.025 Unch 242 0.080 0.120 81.25 01/12/2017
017 0.035 0.020 0.030 0.025 0133WD SANICHI-WD 0.030 0.005 927.1 0.070 1.000 1,372 21/07/2019 0.395 0.195 0.340 0.325 6963WA VS-WA 0.330 Unch 8832 1.620 1.650 22.22 06/01/2019
017 0.150 0.060 0.085 0.085 5157WA SAUDEE-WA 0.085 Unch 187 0.310 0.500 88.71 31/03/2021 0.110 0.070 0.095 0.090 9679CZ WCT-CZ 0.095 Unch 24 1.900 2.000 12.76 31/10/2017
017 0.025 0.005 0.010 0.010 0109WB SCBUILD-WB 0.010 Unch 430 0.035 0.050 71.43 06/11/2019 0.300 0.160 0.240 0.240 9679WD WCT-WD 0.240 Unch 586 1.900 1.710 2.63 11/12/2017
021 0.105 0.055 0.090 0.085 0161WA SCH-WA 0.085 Unch 288.9 0.180 0.100 2.78 04/12/2021 0.235 0.160 0.205 0.195 9679WE WCT-WE 0.205 0.010 822.3 1.900 2.080 20.26 27/08/2020
017 0.375 0.020 0.075 0.070 7073WA SEACERA-WA 0.075 0.005 100 0.930 1.000 15.59 16/05/2017 0.035 0.010 0.020 0.015 0141WA WINTONI-WA 0.015 Unch 477.7 0.055 0.100 109.09 23/02/2019
020 0.135 0.070 0.130 0.125 0055WA SERSOL-WA 0.125 Unch 357.5 0.175 0.180 74.29 18/04/2023 0.125 0.035 0.045 0.040 5246CP WPRTS-CP 0.045 Unch 1105.2 4.120 4.400 10.07 31/07/2017
017 0.465 0.210 0.305 0.300 7246WA SIGN-WA 0.300 Unch 228.9 0.925 0.970 37.30 21/04/2021 0.095 0.065 0.070 0.065 5246CQ WPRTS-CQ 0.065 Unch 643.4 4.120 4.450 12.74 18/08/2017
019 0.225 0.145 0.195 0.190 419712 SIME-C12 0.190 Unch 59.5 9.070 8.500 6.28 18/08/2017 0.740 0.490 0.735 0.725 7245WA WZSATU-WA 0.735 -0.005 508 1.190 0.500 3.78 28/10/2024
017 0.310 0.115 0.300 0.280 4197C8 SIME-C8 0.295 0.015 955 9.070 7.750 1.71 31/07/2017 0.020 0.005 0.010 0.005 0095WA XINGHE-WA 0.005 -0.005 1694 0.040 0.100 162.50 22/03/2019
021 0.190 0.090 0.180 0.180 521828 SKPETROC28 0.180 Unch 25 1.860 1.400 -0.54 17/03/2017 0.045 0.005 0.010 0.005 5155WA XINQUAN-WA 0.010 Unch 346.4 0.085 1.000 1,089 24/06/2019
017 0.240 0.070 0.240 0.235 521829 SKPETROC29 0.240 0.010 219 1.860 1.400 1.08 31/05/2017 0.095 0.005 0.015 0.015 5155WB XINQUAN-WB 0.015 -0.005 318 0.085 0.880 952.94 27/03/2021
017 0.145 0.065 0.140 0.135 521836 SKPETROC36 0.140 0.005 448 1.860 1.620 9.68 31/05/2017 0.085 0.035 0.045 0.045 0165WA XOX-WA 0.045 Unch 78.4 0.105 0.200 133.33 10/02/2019
021 0.110 0.070 0.105 0.100 521837 SKPETROC37 0.105 0.005 117 1.860 1.850 13.58 31/07/2017 0.185 0.025 0.105 0.095 7020WB YKGI-WB 0.100 Unch 1318.1 0.275 0.500 118.18 28/05/2020
017 0.190 0.140 0.190 0.185 521838 SKPETROC38 0.185 0.015 20 1.860 1.650 8.60 30/11/2017 0.205 0.075 0.115 0.115 6742CW YTLPOWR-CW 0.115 Unch 39.5 1.480 1.400 2.36 31/05/2017
017 0.170 0.120 0.165 0.160 521839 SKPETROC39 0.165 Unch 548 1.860 1.850 18.98 31/07/2017 0.450 0.300 0.360 0.355 6742WB YTLPOWR-WB 0.355 0.005 257.8 1.480 1.140 1.01 11/06/2018
018 0.205 0.115 0.150 0.145 7155CB SKPRES-CB 0.145 0.015 550.1 1.350 1.300 7.04 06/06/2017 0.140 0.040 0.070 0.060 2283WA ZELAN-WA 0.065 Unch 940.5 0.150 0.250 110.00 25/01/2019
018 0.810 0.470 0.690 0.680 7155WA SKPRES-WA 0.685 0.010 130 1.350 0.650 -1.11 27/06/2017
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
 T U ESDAY F EB RUARY 14, 2 0 17 TH EEDGE F I N AN C I AL DAI LY
30 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX

Insider moves (Filings on Feb 10, 2017) Trading themes

Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the companys outlook. Foreign ows into Asian local bonds
COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION
A look at the trend of global investors holding Asian bonds denominated in the local
(DISPOSED) SHAREHOLDER AFTER CHANGE DATE currencies.
AEON CO. (M) (165,100) ABERDEEN ASSET MANAGEMENT PLC 265,838,500 7 & 8/2
Foreign bond holding
AND ITS SUBSIDIARIES, UK
ALLIANCE FINANCIAL GROUP (766,800) EMPLOYEES PROVIDENT FUND BOARD 240,553,540 6/2
As percentage of total bond outstanding.
AMMB (1,243,700) EMPLOYEES PROVIDENT FUND BOARD 420,847,937 6/2
BOUSTEAD 120,100 LEMBAGA TABUNG ANGKATAN TENTERA 1,216,417,318 3 & 6/2
CAPITALAND MALAYSIA (500,000) EMPLOYEES PROVIDENT FUND BOARD 178,953,600 6/2
MALL TRUST
CIMB GROUP (496,600) EMPLOYEES PROVIDENT FUND BOARD 1,347,815,869 3/2
DIGI.COM 4,021,100 EMPLOYEES PROVIDENT FUND BOARD 915,639,540 2 & 6/2
ECO WORLD DEVELOPMENT (336,600) EMPLOYEES PROVIDENT FUND BOARD 184,983,500 6/2
FRASER & NEAVE 168,000 EMPLOYEES PROVIDENT FUND BOARD 30,310,130 6/2
FRASER & NEAVE 4,900,000 AMANAHRAYA TRUSTEES 40,553,600 7/2
- SKIM AMANAH SAHAM BUMIPUTERA
GENTING PLANTATIONS 613,800 EMPLOYEES PROVIDENT FUND BOARD 104,498,800 6/2
GLOBETRONICS TECHNOLOGY (210,000) EMPLOYEES PROVIDENT FUND BOARD 36,103,900 6/2
HONG LEONG BANK 264,500 EMPLOYEES PROVIDENT FUND BOARD 272,034,177 6/2
IGB CORPORATION (500,000) EMPLOYEES PROVIDENT FUND BOARD 69,777,972 6/2
IGB REAL ESTATE (2,223,800) EMPLOYEES PROVIDENT FUND BOARD 224,215,813 6/2
INVESTMENT TRUST
IHH HEALTHCARE (844,300) EMPLOYEES PROVIDENT FUND BOARD 829,735,627 6/2
IJM CORPORATION (1,585,100) EMPLOYEES PROVIDENT FUND BOARD 513,491,458 6/2
IJM CORPORATION (137,000) AMANAHRAYA TRUSTEES 237,399,100 7/2
- SKIM AMANAH SAHAM BUMIPUTERA
INARI AMERTRON (1,200,000) EMPLOYEES PROVIDENT FUND BOARD 142,238,250 6/2
IOI CORPORATION 3,648,900 EMPLOYEES PROVIDENT FUND BOARD 418,298,073 6/2
IOI PROPERTIES GROUP (3,000,000) EMPLOYEES PROVIDENT FUND BOARD 222,656,386 6/2
KUALA LUMPUR KEPONG (519,100) EMPLOYEES PROVIDENT FUND BOARD 145,706,688 6/2
MAGNI-TECH INDUSTRIES 100,000 TAN POAY SENG 31,600,593 6 & 7/2 Monthly change
MALAKOFF CORPORATION (3,000,000) EMPLOYEES PROVIDENT FUND BOARD 655,635,633 6/2
MALAYSIA AIRPORTS (10,151,200) EMPLOYEES PROVIDENT FUND BOARD 197,826,206 6/2
MALAYSIA AIRPORTS (7,637,900) AMANAHRAYA TRUSTEES 142,805,400 6 & 7/2
- SKIM AMANAH SAHAM BUMIPUTERA
MAXIS 959,000 EMPLOYEES PROVIDENT FUND BOARD 682,966,035 2 & 6/2
MENANG CORPORATION (M) 2,300,000 TOO KOK LENG 10,665,800 10/2
NTPM (5,100,000) LEE SEE JIN 454,722,331 7/2
PETRONAS GAS (1,541,700) EMPLOYEES PROVIDENT FUND BOARD 203,049,132 3 & 6/2
POS MALAYSIA (238,100) EMPLOYEES PROVIDENT FUND BOARD 79,908,300 6/2
PPB GROUP 299,400 EMPLOYEES PROVIDENT FUND BOARD 86,320,315 6/2
PUBLIC BANK (269,000) EMPLOYEES PROVIDENT FUND BOARD 494,477,563 6/2
S P SETIA (1,146,400) AMANAHRAYA TRUSTEES 813,273,570 7/2
- SKIM AMANAH SAHAM BUMIPUTERA
SAPURAKENCANA PETROLEUM (710,000) EMPLOYEES PROVIDENT FUND BOARD 721,134,794 6/2
SEACERA GROUP 119,300 NOBILE SUMMER S/B 37,092,237 10/2
SIME DARBY 974,500 EMPLOYEES PROVIDENT FUND BOARD 726,369,806 6/2
STERLING PROGRESS (3,875,000) LEONG SENG WUI 18,449,306 10/2
SUNWAY REAL ESTATE 809,000 EMPLOYEES PROVIDENT FUND BOARD 360,725,400 3 & 6/2
INVESTMENT TRUST
TA ANN 385,600 EMPLOYEES PROVIDENT FUND BOARD 40,006,278 6/2 Stocks closest to year high Stocks closest to year low
TELEKOM MALAYSIA (3,000,000) EMPLOYEES PROVIDENT FUND BOARD 620,596,538 6/2
TENAGA NASIONAL (11,484,400) EMPLOYEES PROVIDENT FUND BOARD 834,522,082 3 & 6/2 STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
(RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)
TENAGA NASIONAL 2,950,000 AMANAHRAYA TRUSTEES 328,064,900 7/2
PARAMON 1.710 1.650 1.660 2122.2 HUBLINE-WA 0.065 0.040 0.055 24664.6
- SKIM AMANAH SAHAM BUMIPUTERA
TDM 0.815 0.800 0.805 2584.1 HUBLINE-WB 0.100 0.065 0.075 31564.2
TH PLANTATIONS 50,000 EMPLOYEES PROVIDENT FUND BOARD 63,293,740 6/2
NYLEX 0.740 0.720 0.725 2491.8 FBMKLCI-H99 0.015 0.015 0.015 550
TOP GLOVE CORPORATION 256,200 EMPLOYEES PROVIDENT FUND BOARD 120,672,346 6/2
FPI 0.990 0.970 0.985 658.6 HSI-H73 0.750 0.735 0.735 12.5
UMW (557,800) EMPLOYEES PROVIDENT FUND BOARD 159,351,568 6/2
SALUTE 1.560 1.500 1.550 3175.3 HSI-H79 0.520 0.475 0.500 73
WCT (1,680,700) EMPLOYEES PROVIDENT FUND BOARD 98,412,850 6/2
PMETAL 2.310 2.250 2.290 5634.6 FBMKLCI-H2F 0.045 0.040 0.040 840
WZ SATU 107,000 DATO SRI TENGKU UZIR TENGKU 93,603,036 8/2
PMETAL-WC 1.900 1.870 1.900 496.9 HSI-H69 0.285 0.250 0.260 1735.9
DATO ABDULLAH
MAGNI 5.060 4.880 5.030 887.8 HSI-H67 0.035 0.025 0.025 2653
YINSON (444,400) EMPLOYEES PROVIDENT FUND BOARD 150,834,500 6/2
RGB 0.355 0.345 0.350 11858.1 SUNCON-CH 0.120 0.115 0.120 285
While every eort is made to ensure accuracy, the information presented is not an exhaustive list and is not an ocial record of shareholder
WILLOW 0.840 0.820 0.835 1202.9 HSI-H77 0.260 0.250 0.250 130
lings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the ocial lings led with
Bursa Malaysia. Note: * denotes Ace Market INARI-WB 1.060 1.030 1.060 1837.6 SP500-H5 0.395 0.395 0.395 8.8
SCOMIEN 0.525 0.495 0.505 1743 HSI-H71 0.330 0.300 0.310 8288.1
IRETEX-WA 0.060 0.050 0.050 8747 HSI-H91 0.675 0.660 0.670 4.6
Local events to watch out for today SCOMIES
KOTRA
0.270
1.510
0.265
1.350
0.265
1.390
3349.4
194.7
HSI-H83
HSI-H65
0.230
0.005
0.215
0.005
0.220
0.005
250
150
JOHOTIN 1.400 1.360 1.390 1804.7 TOPGLOV-C8 0.165 0.160 0.160 120
Edelman Malaysia Trust Barometer Jalan S P Seenivasagam, Ipoh, Perak at JOHOTIN-WA 0.570 0.540 0.560 5072 MAHSING-C5 0.035 0.030 0.035 261
2017 launch at Publika, Black Box, No 11am. STERPRO 0.220 0.205 0.215 45827.6 SP500-H6 0.565 0.560 0.565 2650
1, Jalan Dutamas 1, Solaris Dutamas, Batu Kawan Bhds AGM at Wisma Taiko, FBMKLCI-C94 0.085 0.085 0.085 6.5 PADINI-CG 0.070 0.070 0.070 12
Kuala Lumpur at 9am. Jalan S P Seenivasagam, Ipoh, Perak at JHM 2.180 2.110 2.110 1178.4 HSI-H87 0.780 0.760 0.770 5.3
Kuala Lumpur Kepong Bhds annual 2.30pm. This table shows stocks that are trading near their year high. This This table shows stocks that are trading near their year low. This
could suggest a build-up in buying momentum, or the possibility that could suggest a build-up in selling momentum, or the possibility that
general meeting (AGM) at Wisma Taiko, prot-taking activities could set in later. bargain hunting could set in later.

Foreign exchange rates

NZ EURO US SWISS BRIT CANADA BRUNEI SPORE AUST MSIA CHINA BANGLH DENMK UAE INA INDIA JAPAN NORWAY PHIL QATAR SAUDI SWEDEN THAI HK

NZ $ 0.676 0.719 0.721 0.574 0.941 1.022 1.022 0.937 3.1996 4.945 57.413 5.025 2.640 9,580 48.188 81.796 6.014 35.906 2.618 2.697 6.409 25.194 5.579
EURO 1.480 1.064 1.067 0.850 1.393 1.512 1.513 1.387 4.7352 7.318 84.967 7.436 3.908 14,177 71.315 121.052 8.901 53.139 3.874 3.991 9.486 37.286 8.256
US $ 1.391 0.940 1.003 0.799 1.309 1.421 1.421 1.303 4.4500 6.877 79.850 6.988 3.672 13,323 67.020 113.761 8.365 49.938 3.641 3.750 8.914 35.040 7.759
SWISS FR 1.387 0.937 0.997 0.797 1.305 1.417 1.417 1.299 4.4371 6.857 79.618 6.968 3.662 13,285 66.826 113.432 8.340 49.794 3.630 3.740 8.888 34.938 7.736
STERLING 1.741 1.176 1.252 1.255 1.639 1.779 1.779 1.631 5.5705 8.609 99.956 8.748 4.597 16,678 83.896 142.406 10.471 62.513 4.557 4.695 11.159 43.863 9.713
CANADA $ 1.062 0.718 0.764 0.766 0.610 1.085 1.086 0.995 3.3990 5.253 60.991 5.338 2.805 10,177 51.191 86.893 6.389 38.144 2.781 2.865 6.809 26.764 5.926
BRUNEI $ 0.979 0.661 0.704 0.706 0.562 0.921 1.000 0.917 3.1316 4.840 56.193 4.918 2.584 9,376 47.164 80.057 5.886 35.143 2.562 2.639 6.273 24.659 5.460
SINGAPORE $ 0.978 0.661 0.704 0.706 0.562 0.921 1.000 0.917 3.1307 4.838 56.177 4.916 2.584 9,373 47.151 80.034 5.885 35.133 2.561 2.639 6.271 24.652 5.459
AUSTRALIA $ 1.067 0.721 0.767 0.770 0.613 1.005 1.090 1.091 3.4149 5.277 61.276 5.363 2.818 10,224 51.431 87.300 6.419 38.322 2.794 2.878 6.841 26.889 5.954
MALAYSIA RM 0.313 0.211 0.225 0.225 0.180 0.294 0.319 0.319 0.293 1.0000 1.545 17.944 1.570 0.825 2,994 15.061 25.564 1.880 11.222 0.818 0.843 2.003 7.874 1.744
100 CHINESE RMB 20.223 13.665 14.541 14.583 11.616 19.037 20.663 20.669 18.948 64.7070 1,161 101.614 53.399 193,734 974.532 1,654 121.630 726.147 52.939 54.534 129.621 509.512 112.822
100 BANGLADH TAKA 1.742 1.177 1.252 1.256 1.000 1.640 1.780 1.780 1.632 5.5730 8.613 8.752 4.599 16,685 83.933 142.469 10.475 62.540 4.559 4.697 11.164 43.882 9.717
100 DANISH KRONER 19.902 13.448 14.310 14.351 11.431 18.735 20.334 20.340 18.647 63.6790 98.41 1,143 52.550 190,656 959.05 1,628 119.70 714.61 52.10 53.67 127.56 501.42 111.03
100 UAE DIRHAM 37.873 25.591 27.231 27.310 21.753 35.651 38.695 38.706 35.485 121.1775 187.27 2,174 190.29 362,807 1,825 3,098 227.78 1,360 99.14 102.13 242.74 954.17 211.28
1000 INA RUPIAH 0.104 0.071 0.075 0.075 0.060 0.098 0.107 0.107 0.098 0.3340 0.516 5.993 0.525 0.276 5.030 8.538 0.628 3.748 0.273 0.281 0.669 2.630 0.582
100 INDIA RUPEE 2.075 1.402 1.492 1.496 1.192 1.953 2.120 2.121 1.944 6.6398 10.261 119.143 10.427 5.479 19,880 169.742 12.481 74.512 5.432 5.596 13.301 52.283 11.577
100 JAPAN YEN 1.223 0.826 0.879 0.882 0.702 1.151 1.249 1.249 1.145 3.9117 6.045 70.191 6.143 3.228 11,712 58.913 7.353 43.897 3.200 3.297 7.836 30.801 6.820
100 NORWEGIAN KRONER 16.627 11.235 11.955 11.990 9.550 15.652 16.988 16.993 15.579 53.2000 82.217 955 83.544 43.903 159,281 801.229 1,360 597.015 43.525 44.836 106.571 418.904 92.759
100 PHILIPPINE PESO 2.785 1.882 2.002 2.008 1.600 2.622 2.846 2.846 2.609 8.9110 13.771 159.897 13.994 7.354 26,680 134.206 227.804 16.750 7.290 7.510 17.851 70.166 15.537
100 QATAR RIYAL 38.201 25.813 27.467 27.547 21.942 35.960 39.031 39.042 35.793 122.2292 188.896 2,193 191.946 100.868 365,956 1,841 3,125 229.754 1,372 103.013 244.850 962.450 213.117
100 SAUDI RIYAL 37.084 25.058 26.664 26.741 21.300 34.909 37.889 37.900 34.746 118.6540 183.371 2,129 186.331 97.918 355,251 1,787 3,033 223.034 1,332 97.075 237.688 934.298 206.884
100 SWEDISH KRONOR 15.602 10.542 11.218 11.251 8.961 14.687 15.941 15.945 14.618 49.9200 77.148 895.754 78.393 41.196 149,461 751.830 1,276 93.835 560.206 40.841 42.072 393.077 87.040
100 THAI BAHT 3.969 2.682 2.854 2.862 2.280 3.736 4.055 4.057 3.719 12.6998 19.627 227.883 19.943 10.480 38,023 191.268 324.662 23.872 142.518 10.390 10.703 25.440 22.143
100 HK$ 17.925 12.112 12.888 12.926 10.296 16.873 18.314 18.320 16.795 57.3530 88.635 1,029.131 90.066 47.330 171,716 863.776 1,466 107.806 643.620 46.923 48.336 114.890 451.606
Note: Run your nger down the left-hand side until you reach the country of origin you plan to exchange. Then move your nger until that line intersects with the vertical column of the currency you wish to buy. The gure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
TU E SDAY F E B RUA RY 14 , 2017 T HEED G E FINA NCIA L DA I LY
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES

Index futures Money market

FKLI Long Rolls - KLCI futures US Dollar Klibor
Index points Open Interest Index points USD Index Implied interest rate (%)
1,707.00 90000 105.0
1980 18.00 -1.00 100.76 4.5
(+7.50) (Unch) (-0.04) 3.47
(Unch)
1790 68000 4.75 96.5
3.5

1600 46000 -8.50 88.0

2.5
1410 24000 -21.75 79.5

1220 2000 -35.00 71.0 1.5

Jan 4, 2010 Feb 13, 2017 Jan 4, 2010 Feb 13, 2017 Oct 2, 2006 Feb 13, 2017 Oct 1, 2000 Feb 13, 2017

FBM KLCI futures end higher FBM KLCI futures US dollar hits two-week high Klibor
in sync with firmer cash market INDEX AND FUTURES
CONTRACT LAST CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
after US-Japan meeting MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures contracts on Bursa FBMKLCI 1,710.24 11.30 175.5M The US dollar hit a two-week high against FEB7 96.55
MAR7 96.55
Malaysia Derivatives closed higher yesterday FEB 17 1,707.00 7.50 5,125 26,299 507 the yen with another round of solid gains APR7 96.53
MAR 17 1,706.50 8.00 269 1,286 144
in sync with the firmer cash market. yesterday as investors focused again on JUN7 96.50
JUN 17 1,699.50 7.50 53 237 -5
February 2017 and June 2017 bagged 7.5 SEP 17 1,695.00 8.50 26 63 17
the US reflation trade which dominated the SEP7 96.46
points each to 1,707 and 1,699.5; March 2017 TOTAL 5,473 27,885 663 aftermath of Donald Trumps election in DEC7 96.41
MAR8 96.41
gained eight points to 1,706.5; and September November but has stalled this year. JUN8 96.41
2017 improved 8.5 points to 1,695. FUTURES ROLL OVER BID OFFER CLOSE The US dollar was up 0.4% at 113.63 in SEP8 96.41
Turnover advanced to 5,473 lots from FEB/MAR -0.5 -1.5 -1.0
early deals in London, having reached as DEC8 96.41
4,441 lots last Friday and open interest FUTURES FAIR VALUE high as 114.17 in Asian trading. MAR9 96.41
JUN9 96.41
widened to 27,885 contracts from 26,393 CONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE It was marginally lower against the euro SEP9 96.41
FEB 17 16 2.22 5.67 -3.45
contracts. MAR 17 47 6.81 10.66 -3.85
at US$1.0654 and around a 0.33% lower at DEC9 96.41
The underlying benchmark FBM KLCI ROLLS FAIR -0.40
US$1.2525 to the sterling, while it traded MAR0 96.41
finished 11.3 points better at 1,710.24. 0.2% weaker at 6.8771 yuan. JUN0 96.41
SEP0 96.41
Southeast Asian stock markets ended All eyes are fixed on the testimony by US
DEC0 96.41
higher yesterday as investor concerns eased Federal Reserve chief Janet Yellen this week MAR1 96.41
after US President Donald Trump set aside after signs that other policymakers at the JUN1 96.41
tough campaign rhetoric over security and Singapore shares rose 0.4% to close US central bank are leaning towards more SEP1 96.41
jobs in a meeting with Japanese Prime at an 18-month high, led by telecom and hikes in interest rates than the two currently DEC1 96.41
TOTAL 0 0
Minister Shinzo Abe. industrials. Agencies priced in by markets. Reuters

Commodities 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 vs Soyoil Crude Oil Gold

CPO RM/tonne Open Interest CPO RM/tonne Soyoil US$/Ibs US$/bbl US$/troy oz
4200 6400 0.7300 155.00 1980
200000
0.3487
(RM3,419/tonne)
0.5475 53.52 1660
3450 152500 5075 121.25 (-0.34)

2700 105000 3750 0.3650 87.50 1340

1950 0.1825 1020

57500 2425 53.75 1,231.10
3,035 (-3.80)
(-36) 3,035
1200 10000 20.00 700
1100 (-36) 0.0000
Jan 6, 2008 Feb 13, 2017 Apr 10, 2007 Feb 13, 2017 Aug 31, 2008 Feb 13, 2017
Jan 6, 2008 Feb 13, 2017

Palm falls to two-week low on CPO futures Oil down on rise in US Commodities
AGRICULTURE
better production outlook CONTRACT
FEB-17
LAST
3,259
CHANGE
-9
VOLUME
88
OPEN CHANGE IN
INTEREST OPEN INTEREST
1,095 -242
drilling, selling ahead of Opec CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
3,035 -36
RUBBER SEN/KG MRB 1,006.00 37.00
MAR-17 3,133 -23 2,131 15,229 -1,409
Malaysian palm oil futures yesterday hit a APR-17 3,035 -36 27,606 63,655 -2,240 Oil prices fell nearly 1% yesterday in response CORN USC/BSH CBOT 373.75 -0.75
SOYBEANS USC/BSH CBOT 1,052.75 -6.25
two-week low, recording a second straight MAY-17 2,957 -39 16,070 52,613 -265 to growing evidence that US production
WHEAT USC/BSH CBOT 446.25 -2.75
session of decline, as prices were weighed JUN-17 2,890 -38 5,800 27,227 1,654 is rising and as some investors unwound LIVE CATTLE USC/IBS CME 113.15 -1.68
down by prospects of improving levels in CPO FUTURES CPO/SOYOIL positions ahead of Opecs first report on COCOA US$/TON NYBOT 1,949 -13
production. INDICATIVE ROLL-OVER FUTURES BASIS (USD) compliance with its deal to cut production. COFFEE USC/IBS NYBOT 147.70 -0.45
FEB/MAR 126 CURRENT -74.29
Benchmark palm oil futures for April FEB/APR 224 3 MONTHS AVERAGE -96.51
Brent crude was down 35 US cents at SUGAR USC/IBS NYBOT 20.55 0.12
delivery on Bursa Malaysia Derivatives was FEB/MAY 302 6 MONTHS AVERAGE -90.50 US$56.35 a barrel and touched a session low COTTON USC/IBS NYC 78.41 0.47

down 1.2% or RM36 at RM3,035 a tonne at MAR/APR 98 of US$56.04 a barrel. US crude was down 34 METAL & PRECIOUS METALS
TIN US$/TON KLTM 19,600 580
the close of trade. SGS & ITS EXPORT ESTIMATES (TONNES) US cents at US$53.52 a barrel and traded as COPPER USC/IBS CMX 2.7920 0.0170
Earlier, it fell to RM3,019, palm oils SHIPMENT DAYS NOV16 DEC16 JAN17 low as US$53.86 earlier in the day. GOLD US$/TROY OZ CMX 1,231.10 -3.80
weakest levels since Jan 31. 1 - 10TH DAYS 348/355 306/326 339/352 Bulls are liquidating ahead of the release PLATINUM US$/TROY OZ NYMEX 1,011.40 -0.30
Production figures are bearish (on 1- 15TH DAYS 514/521 465/481 520/514
of the monthly Opec report due out shortly PALLADIUM US$/TROY OZ NYMEX 781.55 -3.00
prices) as it is seen picking up in February. 11 -- 20TH DAYS
25TH DAYS
730/735
998/991
607/629
827/845
733/739
904/924
and yet another increase in US rig counts SILVER USC/TROY OZ CMX 17.96 0.02
Production is coming in and the flood season FULL MONTH is also playing part in the weakness, said ALUMINIUM RMB/TON SHF 14,035 215
1,130/1,152 1,110/1,087 1,157/1,175
ZINC RMB/TON SHF 24,000 715
is over, said a futures trader from Kuala MALAYSIAN PALM OIL BOARD an analyst.
Lumpur, however, adding there may not be SEP16 OCT16 NOV16 DEC16 US oil drillers have added most drilling ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 53.52 -0.34
a steep decline in prices. PRODUCTION 1,715 1,678 1,575 1,474 rigs since 2012 over the past month, bringing HEATING OIL USC/GAL NYMEX 1.6612 -0.0139
The market is still holding at the EXPORT STOCKS
1,451
1,547
1,431
1,574
1,370
1,656
1,268
1,665
the total count to 591 rigs, the most since NATURAL GAS US$/MMBTU NYMEX 3.068 -0.049
RM3,013 levels. Spot month prices are still October 2015, Baker Hughes said in its BRENT CRUDE US$/BBL ICE 56.35 -0.35
MPOB Palm oil physical
very strong, the futures trader added. weekly report. Reuters GAS OIL US$/TON ICE 498.25 -5.25
Increasing output of the tropical oil, as (IN RM/TON) FEB17 MAR17 APR17

the effects of the crop-damaging El Nino fade CPO DELD OLD 3,305 NO TRADE NO TRADE Centrifuged Latex Rubber - Msia SMR 20
PK EX-MILL 3,475 NO TRADE NO TRADE
out, could ease palm oils benchmark prices, CPKO DELD 7,440 NO TRADE NO TRADE Sen/Kg
Sen/Kg
which are trading at a more than four-year RBD P.OIL FOB NO TRADE NO TRADE NO TRADE 1100 1900
high now. RBD P.OLEIN FOB NO TRADE NO TRADE NO TRADE 1,006.00
Production for January declined 13.4% RBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE 900 1475
(+37.00)
to 1.28 million tonnes, its sharpest drop in MPOB FFB REF PRICE (MILL GATE PRICE) 795.50
a year, according to data from the Malaysian REGION GRADE A GRADE B GRADE C 700 (+1.50) 1050
OER (RM/TON) OER(RM/TON) OER (RM/TON)
Palm Oil Board last Friday. NORTH OLD 20.00% 790 19.00% 758 18.00% 725
Heavy rainfall across the east coast of SOUTH 20.00% 794 19.00% 762 18.00% 729
500 625
Peninsular Malaysia also had an impact on CENTRAL 20.00% 789 19.00% 756 18.00% 723
300
output last month, as floods hindered the EAST COAST 20.00% 788 19.00% 755 18.00% 723 200
SABAH 22.00% 768 21.00% 738 20.00% 708 Jan 7, 2007 Feb 13, 2017 Jan 7, 2007 Feb 13, 2017
fruit-harvesting process. Reuters SARAWAK 22.00% 776 21.00% 745 20.00% 715
 Markets
T U ESDAY F EB RUARY 14, 2 0 17 TH EEDGE F I N AN C I AL DAI LY
32

F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S 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
RESEARCH: TAI TS [tai@bizedge.com; SUGUMARAN [sagu@bizedge.com] 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

KLCI 1,710.24 11.30 FBM ACE 5,308.60 62.21 FTSTI 3,111.63 11.24 NIKKEI 19,459.15 80.22 HANG SENG 23,710.98 136.00 DOW JONES 20,269.37 96.97

Embrace the fact that growth only comes Market movers

inside uncertainty. Bricia Lopez
Daily top 20 active stocks
UNUSUAL MARKET ACTIVITIES TURNOVER CHANGE CHANGE PRICE PE DIVIDEND
FBM KLCI & KLCI futures intraday (000) (RM) (%) (RM) RATIO YIELD (%)
STOCK VOLUME CHANGE CHANGE CLOSE HIGH LOW ARMADA 88,829.9 0.020 3.03 0.680 1.24
('000) (%) (RM) (RM) (RM) (RM) HUBLINE 84,013.2 -0.050 -25.00 0.150 0.00
1711
Index point 1,710.24
(+11.30) ARMADA 88,830 3.03 0.020 0.680 0.690 0.670 IFCAMSC 59,015.9 0.015 2.97 0.520 1.98
1710 HUBLINE 84,013 -25.00 -0.050 0.150 0.180 0.145 HIBISCS 50,519.5 0.005 0.93 0.540 0.00
1709 MTRONIC 40,113 5.88 0.005 0.090 0.100 0.085 VIZIONE-WC 49,298.7 0.005 14.29 0.040 0.00
KL Composite Index CONNECT-PA 35,102 -5.56 -0.005 0.085 0.090 0.075 STERPRO 45,827.6 0.010 4.88 0.215 0.00
1708
1707 HUBLINE-WA 24,665 1000.00 0.050 0.055 0.065 0.040 MTRONIC 40,112.8 0.005 5.88 0.090 7.33 0.00
ALAM 24,637 13.56 0.040 0.335 0.345 0.300 CONNECT-PA 35,101.7 -0.005 -5.56 0.085 0.00
1706
KLCI futures 1,707.00 VIS 22,575 23.47 0.115 0.605 0.610 0.495 REACH-WA 31,751.7 -0.005 -3.33 0.145 0.00
1705 (+7.50) IRETEX-LA 20,704 16.67 0.005 0.035 0.035 0.030 SUMATEC 31,620.4 UNCH UNCH 0.085 12.32 0.00
1704 CME 17,655 8.33 0.005 0.065 0.075 0.060 HUBLINE-WB 31,564.2 -0.025 -25.00 0.075 0.00
1703 GLOTEC 17,588 11.11 0.005 0.050 0.050 0.045 DRBHCOMC28 27,178.6 0.020 12.90 0.175 0.00
1702 XDL 16,088 16.67 0.005 0.035 0.035 0.030 TANCO 26,408.8 0.015 18.75 0.095 0.00
1701 SALCON 15,712 9.24 0.055 0.650 0.665 0.620 BJCORP 24,764.0 -0.010 -2.53 0.385 0.00
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15
NEXGRAM 14,799 28.57 0.010 0.045 0.045 0.035 HUBLINE-WA 24,664.6 -0.045 -45.00 0.055 0.00
SGB-PA 13,703 5.56 0.005 0.095 0.105 0.090 ALAM 24,637.4 0.040 13.56 0.335 0.00
Daily FBM KLCI OCR-PA 12,931 9.09 0.010 0.120 0.120 0.110 VIS 22,575.0 0.115 23.47 0.605 41.53 0.00
SGB-WA 12,274 10.00 0.010 0.110 0.115 0.100 BORNOIL 21,114.7 0.005 2.94 0.175 12.69 0.00
KL Composite Index Moving average - 20-day DRBHCOM 20,932.8 0.070 5.56 1.330 1.59
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
1950.0 1,710.24 traded for a particular counter on the previous trading day is more than triple the average volume for the
IRETEX-LA 20,703.7 0.005 16.67 0.035 0.00
(+11.30) 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. Top gainers and losers (ranked by RM)
1667.5
UP
1385.0
1,677.79
FBM KLCI gains as regional CLOSE
CHANGE
(RM)
DOWN
CLOSE
CHANGE
(RM)

1102.5
hope for market stability resumes BAT
FAREAST
46.480
8.450
1.580
0.300
NESTLE
KESM
76.520
9.940
-0.420
-0.200
PETDAG 24.280 0.240 F&N 23.180 -0.180
HLFG 15.300 0.220 MPI 8.910 -0.140
KUALA LUMPUR: Malaysia shares closed higher yesterday, MAGNI 5.030 0.170 FBMKLCI-H2B 0.165 -0.130
820.0 as global major powers like the US and Japan are showing TENAGA 13.660 0.160 HSI-H99 1.370 -0.130
Jan 2, 2008 Feb 13, 2017 signs of favouring market stability. KNUSFOR 1.240 0.150 SAB 4.260 -0.120
At 5pm, the FBM KLCI ended the day up 11.3 points or JCBNEXT 2.170 0.130 HSI-H87 0.770 -0.115
900
0.67% at 1,710.24 points. PETRONM 4.960 0.130 PHARMA 5.150 -0.110
UMS 2.880 0.130 KOTRA 1.390 -0.100
600
When contacted, JF Apex Securities Bhd head of research
PBBANK 20.220 0.120 DKLS 1.650 -0.100
Lee Chung Cheng told theedgemarkets.com that he expects BKAWAN 19.860 0.120 HSI-H81 0.965 -0.085
300 trading conditions to be choppy, going forward.
I see some selldown in stocks. Technical-wise, the FBM Top gainers and losers (ranked by percentage)
0
Volume (mil)
KLCI is still positive, after breaking the 1,700 psychological
level. The next thing to look out for is the US presidents UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
(Donald Trump) trade policy and tax reform, which will be
FBM KLCI futures revealed in the coming weeks. There are a lot of expectation MAXWELL-WA 0.010 100.00 IHH-C1 0.020 -63.64
TIGER-WB 0.010 100.00 PADINI-CG 0.070 -53.33
CONTRACT SETTLEMENT CHANGE HIGH LOW
of his policies, Lee added.
CME-LA 0.040 60.00 XINGHE-WA 0.005 -50.00
FEB 17 1,707.00 7.50 1,710.50 1,704.00 Reuters reported Asian stocks rallied to one-and-a-half KGROUP-WA 0.015 50.00 HSI-H65 0.005 -50.00
MAR 17 1,706.50 8.00 1,708.50 1,703.50 year high yesterday, helped by renewed hopes over Trumps FBMKLCI-C88 0.030 50.00 HSI-H67 0.025 -50.00
JUN 17 1,699.50 7.50 1,700.50 1,696.50
tax reform plans, generally upbeat global economic data and DBE-WB 0.015 50.00 TOPGLOV-C6 0.005 -50.00
a rebound in some commodities. DPS-WA 0.015 50.00 HUBLINE-WA 0.055 -45.00
FBM KLCI sensitivity* It added that the US dollar rose against the yen on relief DIGI-C14 0.250 47.06 FBMKLCI-H2B 0.165 -44.07

KLCI CHANGE CLOSE VOLUME Trump set aside tough campaign rhetoric over security and DRBHCOMC23 0.035 40.00 APFT-WA 0.015 -40.00
AT-WA 0.020 33.33 F&N-CB 0.010 -33.33
TENAGA NASIONAL BERHAD
POINTS
1.49
(RM)
0.160
(RM)
13.660
('000)
7473.2
jobs, in a relaxed meeting with Japanese Prime Minister DRBHCOMC26 0.085 30.77 ECOFIRS-WC 0.120 -27.27
CIMB GRP 1.32 0.090 5.170 17997.9 Shinzo Abe, with no mention of currency policy or any NEXGRAM 0.045 28.57 SANICHI-WB 0.015 -25.00
SIME DARBY 0.90 0.080 9.070 8134.2 protectionist measures.
MAYBANK 0.84 0.050 8.350 9754.4 Asias major indices climbed higher yesterday, with Top gainers and losers - warrants (ranked by percentage)
PUBLIC BANK 0.77 0.120 20.220 3981.3 Japans Nikkei 225 up 0.41%; Hong Kongs Hang Seng Index
BRITISH AMERICAN TOBACCO 0.75 1.580 46.480 150.7 UP CHANGE DOWN CHANGE
MAXIS BERHAD 0.74 0.060 6.410 8312.5
gained 0.58%; and South Koreas Kospi Index advanced CLOSE (%) CLOSE (%)
AXIATA GROUP 0.59 0.040 5.050 10410.4 0.17%. by Chester Tay MAXWELL-WA 0.010 100.00 IHH-C1 0.020 -63.64
IOI CORP 0.53 0.050 4.690 7225.5
World equity indices TIGER-WB 0.010 100.00 PADINI-CG 0.070 -53.33
HONG LEONG FINANCE 0.42 0.220 15.300 301.7 CME-LA 0.040 60.00 XINGHE-WA 0.005 -50.00
PETRONAS DAGANG 0.39 0.240 24.280 258.9 CLOSE CHANGE CLOSE CHANGE KGROUP-WA 0.015 50.00 HSI-H65 0.005 -50.00
PETRONAS GAS 0.39 0.120 20.600 1221.4
DOW JONES 20,269.37 96.97 INDONESIA 5,409.56 37.89 FBMKLCI-C88 0.030 50.00 HSI-H67 0.025 -50.00
HAP SENG CONS 0.37 0.090 9.210 349.0
S&P 500 2,316.10 8.23 JAPAN 19,459.15 80.22 DBE-WB 0.015 50.00 TOPGLOV-C6 0.005 -50.00
YTL CORPORATION 0.36 0.020 1.550 2976.1
NASDAQ 100 5,226.69 14.53 KOREA 2,078.65 3.57 DPS-WA 0.015 50.00 HUBLINE-WA 0.055 -45.00
IJM CORP BERHAD 0.00 0.000 3.440 5507.7
FTSE 100 7,258.75 29.25 PHILIPPINES 7,294.67 59.46 DIGI-C14 0.250 47.06 FBMKLCI-H2B 0.165 -44.07
IHH HEALTHCARE -0.27 -0.020 6.250 3795.8
AUSTRALIA 5,760.69 40.08 SINGAPORE 3,111.63 11.24 DRBHCOMC23 0.035 40.00 APFT-WA 0.015 -40.00
SUB-TOTAL 9.61
CHINA 3,216.84 20.14 TAIWAN 9,710.32 44.73 AT-WA 0.020 33.33 F&N-CB 0.010 -33.33
OTHERS 1.69
HONG KONG 23,710.98 136.00 THAILAND 1,585.24 1.99 DRBHCOMC26 0.085 30.77 ECOFIRS-WC 0.120 -27.27
GRAND TOTAL 11.30
INDIA 28,351.42 17.17 VIETNAM 705.90 2.12 ARMADA-C25 0.115 27.78 SANICHI-WB 0.015 -25.00
* How stock price changes affected the index on the previous trading day

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