p or tal

rty
prope u need
yo
 FBM KLCI 1758.06 6.18 KLCI FUTURES 1753.00 2.00 STI 3227.14 9.01 RM/USD 4.2300 CPO RM2708.00 39.00 OIL US$58.33 0.43 GOLD US$1286.10 0.30
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50

FRIDAY SEPTEMBER 29, 2017 ISSUE 2501/2017

FINANCIAL
Rising tension
spurs Malaysia
to ban travel to
North Korea

DAILY
PA G E 2
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BETTER
DECISIONS
EVERY www.theedgemarkets.com
FRIDAY!
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pullout inside.
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personal copy at
www.EdgeProp.my

4 HOME BUSINESS

Berjaya Media eyes

BANK NEGARA
diversification into
new businesses TO IMPLEMENT
NET STABLE
6 HOME BUSINESS

Gamuda posts
record-high
quarterly revenue
7 HOME BUSINESS

Serba Dinamik,
FUNDING RATIO
Chin Hin chiefs
among top EY
no earlier than 2019
Entrepreneur Of The standard requires banking institutions
The Year nominees to maintain a stable funding profile.
8 HOME BUSINESS Adeline Paul Raj has the story on Page 4.
Rehda pushes
for higher EPF
withdrawal for
1st-time homebuyers Johari: Government concerned about
15 H O M E

Najib: Sarawak to
Maju Holdings bid to take over PLUS
4 HOME BUSINESS
see more progress

The Hour Glass :

Ulysse Nardin Boutique - Starhill Gallery - Kuala Lumpur T. (+603) 2148 0388;
The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2287 7830;
Pavillon - Kuala Lumpur T. (603) 2148 8930; LOT 10 S.C. - Kuala Lumpur T. (603) 2144 1620;
Watches of Switzerland :
ANNUAL CALENDAR The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2201 6811
2 FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
ON EDGE T V
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BUSINESS DEVELOPMENT
Senior Manager Elizabeth Lay
Rising tension over
nuclear missile
Malaysia bans citizens from travelling to North Korea
BY P R AV EEN M ENO N
& JOSEP H SIPALAN
KUALA LUMPUR: Malaysia yester-
day banned citizens from travelling
to North Korea, scotching yet again
its football teams participation in
an Asian Cup qualifying match, as
tension rises on the Korean Penin-
sula over missile and nuclear de-
velopment by Pyongyang.
Malaysia is one of the handful
of countries that still has friendly
diplomatic ties with North Korea,
but relations have been strained
since the murder of Kim Jong-uns
AmProp plans to raise up to
RM597m via rights issue
BY ADAM AZIZ
KUALA LUMPUR: Amcorp Prop-
erties Bhd (AmProp) plans to raise
up to RM597.2 million by issuing
renounceable rights of new Class B
redeemable convertible preference
shares (RCPS B) to shareholders to
fund existing and future projects
and repay borrowings.
As at Aug 30, being the latest prac-
ticable date prior to this announce-
ment, the total bank borrowings of
the group stood at RM628.6 million.
In a filing with Bursa Malaysia
yesterday, AmProp said it intends
Rail line linking ports of Songkhla and Penang proposed by Malaysian rm
KUALA LUMPUR: A Malaysian
company has proposed to build
railway tracks linking the sea ports
of Penang and Songkhla, said Thai-
land Ambassador to Malaysia HE
Damrong Kraikruan.
Thai and Malaysian government
representatives are expected to
half brother at the airport near here
this year.
The travel ban will be reviewed
once the situation has returned to
normal, the foreign ministry said
in a statement.
The ban also covers the Malay-
sian football teams trip to Pyong-
yang for an Oct 5 match, Deputy
Foreign Minister Datuk Seri Reezal
Merican Naina Merican said.
The travel ban covers all Malay-
sians, and as Malaysians, the Malay-
sian national football team is includ-
ed too, Reezal Merican told Reuters.
The news led to the match being
to partly repay the groups existing
bank borrowings, which is expected
to result in interest savings of some
RM9.5 million per year.
Based on the 593.8 million Am-
Prop shares in issue (excluding
treasury shares) as at Aug 30, 2017,
the capital outlay for a shareholder
holding 1,000 AmProp shares who
wishes to fully subscribe to his/
her entitlement is approximately
RM800, it said.
The actual outlay required by
the entitled shareholders to fully
subscribe to their entitlements will
depend on the entitlement basis and
meet in the next few weeks to talk
on the subject, he said, adding that
the proposal was mooted by a com-
pany which is said to be related to
a renowned Malaysian tycoon with
a link to Penang Port.
The idea will benefit both ports
as they can serve as transit ports
For breaking news updates go to
www.theedgemarkets.com
postponed for a third time, with
the Asian Football Confederation
saying in a brief statement the sit-
uation would be referred to the
appropriate committees to decide
on the future status of this match.
The regional body said it decid-
ed to postpone the match after the
Football Association of Malaysia
told it about the travel ban.
The match was postponed to
June 8 from its original date of
March 28, but both dates were
scrapped because of Malay-
sias fears for its players safety.
Reuters
the issue price for the RCPS B to be
determined by the board, it added.
The RCPS B will be convertible
into AmProp shares one year after
their initial issuance, and they will
have a preferential dividend rate of
4% per year.
Subject to all the required ap-
provals being obtained, AmProp
said it expects the proposals to be
completed by the first quarter of
next year.
AmProp shares closed 0.63% or
half a sen higher at 79.5 sen yester-
day, giving it a market capitalisation
of RM472.26 million.
before goods are shipped to interna-
tional destinations, he told a media
briefing on Malaysia-Thailand trade
and investment ties here yesterday.
An earlier transport propos-
al linking the two nations was
the multibillion dollar Kra Canal
plan, which had been mooted as
IN BRIEF
ECB should slow asset
purchases, but keep
policy loose
PARIS: The European Central
Bank (ECB) should slow the
pace of its asset purchases while
also keeping monetary policy
accommodative overall, ECB
governing council member
Francois Villeroy de Galhau
said yesterday. Despite firming
economic growth in the euro-
zone, the ECB has only gradu-
ally moved towards reducing its
exceptionally loose monetary
policy as inflation has remained
below its 2% target. Villeroy de
Galhau said there was no doubt
that the current economic and
job market recovery would lead
to higher inflation. Reuters
China to shut down North
Korean companies
BEIJING: Chinas commerce
ministry said yesterday that
North Korean firms or joint ven-
tures (JVs) in China will be shut
within the 120 days of the latest
UN Security Council sanctions
passed on Sept 12. Overseas Chi-
nese JVs with North Korean en-
tities or individuals will also be
closed, the ministry said in a
statement on its website, not giv-
ing a timeframe. The UN Secu-
rity Council voted unanimously
on Sept 12 to boost sanctions on
North Korea, banning its textile
exports and capping fuel sup-
plies. Reuters
Wall Street opens lower
after economic data
BENGALURU: Wall Street
opened lower yesterday after
data showed weekly jobless
claims rose more than expected
and that the impact of Hurri-
canes Harvey and Irma may
slow the pace of third-quarter
gross domestic product growth.
The Dow Jones Industrial Aver-
age fell 17.87 points, or 0.08%,
to 22,322.84. The S&P 500 In-
dex lost 2.75 points, or 0.10%,
to 2,504.29. The Nasdaq Com-
posite dropped 16.26 points, or
0.25%, to 6,437.00. Reuters
Technology glitch causes
minor delays for airlines
MADRID: Major airlines
around the world were briefly
hit by computer problems yes-
terday morning, causing some
minor delays at airports, due to
a problem with a system from
Spanish travel technology firm
Amadeus. Amadeus, which op-
erates global travel booking sys-
tems and offers check-in servic-
es for airlines, said it suffered
a network problem yesterday
which caused a disruption to
some of its systems and but had
fixed the problem. Reuters
early as 1677.
With renewed interest in the ca-
nal plan from Thailand, if it were to
materialise, the canal could pose a
challenge to ports along the Straits
of Malacca, such as Port Klang, the
Tanjung Pelepas Port, as well as the
Singapore Port. Bernama
4 HOME BUSINESS
BNM to implement
NSFR no earlier
than 2019
Standard needs banking institutions to keep stable funding profile
BY A D EL I NE PAU L RA J
KUALA LUMPUR: Bank Negara
Malaysia (BNM) said it plans to
implement the net stable funding
ratio (NSFR) a liquidity stand-
ard under Basel III for banks
no earlier than Jan 1, 2019.
The NSFR seeks to measure the
proportion of a banks long-term
assets which are funded by long-
term stable funding. It requires
banking institutions to maintain
a stable funding profile in relation
to the composition of their assets
and off-balance sheet activities.
The NSFR, which comple-
ments the liquidity coverage ratio
(LCR) that was phased in since
2015, looks for banks to have the
liquidity to support their business
in the longer horizon. It will help
strengthen the liquidity manage-
ment of the financial system,
BNM assistant governor Marzun-
isham Omar told a media briefing
yesterday evening.
For banks, the NFSR imple-
mentation means that they will
have to look for more stable
sources of funding. Examples
of these would be commercial
papers with maturity of more than
a year, long-term debt and retail
deposits. We see that there will be
potential offerings of more inno-
vative products to help the banks
get more deposits, for example,
Govt concerned about Majus bid to take over PLUS
PUTRAJAYA: The government is
concerned about Maju Holdings
Sdn Bhds proposal to buy PLUS
Malaysia Bhd as it is afraid the na-
tions strategic assets would fall to
foreign entities if it is sold to anoth-
er company.
Commenting on the issue, Sec-
ond Finance Minister Datuk Seri
Johari Abdul Ghani said there were
similar proposals but they had been
rejected.
We do not know the source of
the fund. If it is an offshore bor-
rowing, we are worried that these
national assets would fall into for-
eign hands if the loan could not
be paid, he told reporters on the
sidelines of Fiesta Labur PNB 2017
here yesterday.
It was reported that Maju Hold-
ings made a bid of more than RM36
billion to take over PLUS.
PLUS is owned by UEM Group
Bhd and the Employees Provident
Fund (EPF).
Marzunisham said.
He does not expect NSFR to have
a major impact on borrowers.
At the moment, we dont expect
any major effect on the borrowers
given the liquidity buffers that most
banking institutions [already] have.
In addition to that, we are aware
of the level of competition in the
market today which would encour-
age the banks to remain competitive
with respect to their product offer-
ings, as well as the pricing of their
products. We dont think it (NSFR)
will be a factor that could change
the pricing of the loans, he said.
In deciding on the timing of its
NSFR implementation, one of the
key factors BNM took into consider-
ation was the intended timelines of
other countries. It noted that there
is considerable uncertainty on the
global front in terms of meeting the
internationally agreed timeline of
Jan 1, 2018.
The bank has considered the
international nature of Malaysian
banking institutions operations and
the potential impact on domestic
competitiveness against the imme-
diate need for implementation of
the standard. To this end, the bank
intends to implement the NSFR at
no earlier than Jan 1, 2019, ideally
with greater certainty or harmoni-
sation among key markets. This is
not expected to affect the resilience
of the Malaysian banking system,
Johari: If it is an oshore borrowing,
we are worried that these national
assets would fall into foreign hands if
the loan could not be paid. Photo by
Suhaimi Yusuf
Khazanah Nasional Bhd-owned
UEM controls 51% of the highway
concessionaire, while the EPF owns
the the remaining 49%.
Bernama recently reported that
if the EPF were to sell its entire
BNM said in a statement yesterday.
It emphasised that banking in-
stitutions here do have sufficient
safeguards in managing liquidity
risk, supported by strong liquid as-
set buffers, more diversified funding
profiles and robust liquidity risk
management practices.
As at June 30 2017, the banking
system LCR stood at 141% while the
NSFR is estimated at above 100%.
Marzunisham said based on pre-
liminary and indicative data, the
NSFR industry average was 107%.
More than three-quarters of banks
had NSFR of above 100%, which is
the minimum requirement upon
implementation. (A higher NSFR
indicates a more stable funding
profile.)
So, our banks have a lot of buffer
currently, he said.
Jurisdictions that are keeping
to the Jan 1, 2018 timeline include
Australia, Singapore, Indonesia and
Hong Kong, while those that have
delayed implementation include
the US, the European Union and
Canada. China, Japan and Thailand
are among those that have yet to
confirm their timeline.
Meanwhile, BNM, which issued
an exposure draft on NSFR, is invit-
ing public feedback on the proposed
regulatory requirements. Banking
institutions have two months, up
to November 2017, to submit their
feedback.
49% stake in PLUS, some 14.5 mil-
lion contributors may lose out on a
steady stream of dividends.
However, they (contributors)
could heave a sigh of relief as EPF
chief executive officer Datuk Shahril
Ridza Ridzuan assured them that
the fund has no plans to dispose
off its stake in PLUS as it gives good
returns.
In his speech, Johari said Bank
Negara Malaysias findings about
low financial literacy among Ma-
laysians was a cause for concern
for the government.
He said a lack of financial under-
standing and management knowl-
edge could bring about a host of
disadvantages, including an uncon-
trollable debt burden commitment
and living beyond ones means.
Through Fiesta Labur, the gov-
ernment hopes Malaysians will be
more sensitive to good financial
planning and management prac-
tices," he said. Bernama
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
Outsourcing framework
for financial institutions
being revised
BY ADA M A Z IZ
KUALA LUMPUR: Bank Negara
Malaysia (BNM) is in the midst
of finalising a revised prudential
framework for financial institu-
tions that practice outsourcing.
The revision, said BNM in a
statement on its website yester-
day, was to ensure effective risk
management practices by partic-
ipating institutions, amid intensi-
fication of technological advances
in a more globalised and digitised
environment.
In the statement, the central
bank highlighted the importance
of robust risk management of
outsourcing arrangements to
protect the critical role of finan-
cial institutions in supporting
financial intermediation and real
economic activities.
Concerns over risks associated
with outsourcing arrangements
have increased in recent years,
particularly on cyberattacks and
data security breaches.
This has arisen from finan-
cial institutions becoming more
dependent on technology and
more interconnected with the
broader and global financial sys-
tem through shared services and
market infrastructure, it said.
Berjaya Media eyes diversication
into new businesses
BY TA N XUE Y IN G
KUALA LUMPUR: Berjaya Me-
dia Bhd (BMedia), which saw
its first-quarter net loss narrow
by 29.8% year-on-year, has been
exploring options, including di-
versifying into new business-
es outside the media sector to
strengthen the financial position
of the group, with the key objec-
tive to regularise its Practice Note
17 (PN17) condition.
At this juncture, no suitable or
viable proposal has been short-
listed for consideration, it said
in a filing with Bursa Malaysia
yesterday.
In June, BMedia slipped into
PN17 status as its sharehold-
ers' equity fell short of listing
requirements. Yesterday, BMe-
dia announced that it posted a
net loss of RM1.49 million in the
first financial quarter ended July
The revision was
to ensure eective
risk management
practices by
participating
institutions. The
Edge le photo
As a result, BNM said finan-
cial institutions may have diffi-
culties maintaining operational
continuity of critical functions
under conditions of stress in
the future, due to over-reliance
on service providers.
Hence, BNM said the pro-
posals in the exposure draft re-
inforce the banks expectations
on broader governance and set
out improved processes that
must be in place to manage out-
sourcing arrangements.
These include, among oth-
ers, enhanced due diligence on
service providers and stronger
protection of data confidenti-
ality, the central bank added.
The bank also expects finan-
cial institutions to demonstrate
that controls over outsourcing
risk management arrangements
are operating effectively and re-
main commensurate with risk
profiles of financial institution.
The revised requirements
also ensure the banks contin-
ued ability to carry out effective
supervisory oversight on finan-
cial institutions, including the
increasingly complex outsourc-
ing arrangements and concen-
tration on a particular service
provider, said BNM.
31, 2017 (1QFY18) from RM2.12
million a year ago, on lower im-
pairment losses on investments.
Loss per share was at 0.63 sen in
1QFY18 compared with 0.9 sen
in 1QFY17.
Quarterly revenue, howev-
er, fell 6.8% to RM10.12 million
from RM10.86 million in 1QFY17.
BMedia attributed the drop in
revenue for the quarter under
review to lower advertising in-
come reported by its principal
operating subsidiary, Sun Media
Corp Sdn Bhd.
On prospects, BMedia warned
that the group's business for the
remaining period of the financial
year ending April 30, 2018 will
be more challenging due to the
prevailing economic conditions
that will certainly impact the ad-
vertising and promotion budgets
of most corporate clients and
advertisers.
6 HOME BUSINESS
Gamuda posts record-
high quarterly revenue
It reports higher construction work progress, better property sales
BY SU P RI YA SU REND RA N
KUALA LUMPUR: Gamuda Bhd has
reported a record-high revenue of
RM1.01 billion for its fourth quarter
ended July 31, 2017 (4QFY17), an
increase of 64.9% compared with
RM614.39 million a year earlier.
The group said the increase re-
sulted mainly from the higher work
progress of its construction projects
as well as higher sales achieved by its
property projects in Vietnam, name-
ly Celadon City in Ho Chi Minh City
and Gamuda City in Hanoi.
In a filing with Bursa Malaysia yes-
terday, Gamuda said its net profit fell
32% to RM102.75 million or 4.2 sen
per share, from RM152.1 million or
6.29 sen per share in 4QFY16.
The group explained that it took
a one-off impairment amounting
to RM98 million in 4QFY17, for the
Stormwater Management and Road
Tunnel (SMART) Expressway, as a
result of lower-than-expected toll
revenue projections in 2017.
Without the impairment, the
groups normalised pre-tax profit in
4QFY17 was actually 32.7% higher
at RM278.9 million, the group said.
Sapura Energy shares slide on
concerns over earnings prospects
BY A DA M A ZI Z
KUALA LUMPUR: Shares in Sapura
Energy Bhd, formerly SapuraKen-
cana Petroleum Bhd, fell as much
as 8.07% yesterday after analysts
cut earnings forecasts for the
company in the wake of its weak
second-quarter earnings, which
slumped 74% year-on-year.
JP Morgan, which does not ex-
pect any meaningful improvement
for the rest of Sapura Energys finan-
cial year ending Jan 31, 2018 (FY18),
slashed earnings forecasts for the
year by 80% and for FY19 by 63%.
On Tuesday, Sapura Energys
share price reached RM1.71 as
oil price advanced to a two-year
high. But, as of yesterdays close of
RM1.49, it lost 22 sen. Compared
with Wednesday, it was down 7.45%
or 12 sen.
The oil and gas support service
providers net profit for the sec-
ond quarter ended July 31, 2018
(2QFY18) fell to RM28.93 million
from RM112.27 million a year earlier,
as it registered less income from drill-
ing, and exploration and production.
Moving forward, the pain is
likely to continue in the 3QFY18
as contributions from tender rig SK
T-12 end (contract with Chevron
ended in June 2017) and a strong-
er ringgit to 'impact' FX (foreign
For FY17 as a whole, Gamuda
reported a net profit of RM602.09
million or 24.78 sen per share, which
is 3.8% lower than its FY16 net prof-
it of RM626.13 million or 25.99 sen
per share.
Revenue for FY17 was 51.35%
higher at RM3.21 billion, compared
with RM2.12 billion in FY16.
Giving an update on its projects,
Gamuda said that for the Sungai Bu-
loh-Serdang-Putrajaya mass rapid
transit line, for which the firm is the
project delivery partner via MMC
Gamuda KVMRT (PDP) Sdn Bhd,
the overall cumulative progress
as at Aug 31 was 11% completion.
Up to mid-September, the group
has awarded 36 work packages,
comprising eight advance pack-
ages, 10 viaduct packages, one un-
derground works package, seven
systems packages, two designat-
ed supplier packages, two depot
packages and six station nominated
subcontractor packages.
On the construction of the
Pan Borneo Highway in Sarawak,
Gamuda shared that it is at 8.6%
completion.
For its property division, Gamuda
Sapura Energy Bhd
RM
2.2
2.0
1.8
1.6
RM1.49
1.4
1.2
Sept 5, 2016 Sept 28, 2017
exchange) gains, said JP Morgan.
With a low rig utilisation and a
continued challenging environ-
ment, MIDF Research analyst Tan
Wei Min said the drilling segment
will be a bane for Sapura Energy.
He cut his earnings forecasts for
Sapura Energy by 58% to RM98.7
million from RM236.4 million for
FY18, and by 41% to RM152.5 mil-
lion from RM258 million for FY19.
He also lowered his target price
(TP) for the company to RM1.69
from RM1.71 previously, though
he said Sapura Energys current
share price may still provide trading
opportunities, given current global
crude oil price trend.
achieved a 14% increase in sales in
FY17 to RM2.4 billion, from RM2.1
billion in FY16. The better perfor-
mance was attributed to stronger
overseas sales, especially in Viet-
nam, as well as local projects such
as Horizon Hills in Iskandar Johor,
Jade Hills in Kajang, The Robertson
in Kuala Lumpur and Bukit Bantayan
Residence in Kota Kinabalu.
The groups existing and new
projects have a remaining gross de-
velopment value of RM55.14 billion.
As for expressways, Gamuda said
that except for the SMART Expressway,
which experienced lower-than-ex-
pected traffic, its other highways have
been stable and resilient.
For its water division, Gamuda
said that negotiations with the Selan-
gor state government on the latters
effort to acquire the water assets and
operations of Syarikat Pengeluar Air
Sungai Selangor Sdn Bhd (SPLASH)
are still ongoing. Gamuda has a 40%
stake in SPLASH, which operates
three water treatment plants.
Gamudas share price closed un-
changed at RM5.29 yesterday, with
a market capitalisation of RM12.98
billion.
But Affin Hwang Capital analyst
Tan Jianyuan thinks its valuation,
at a forward 60 times to FY18 earn-
ings estimates, was lofty and not
reflective of current fundamentals.
Besides declining rig utilisation,
the immediate challenges Jianyu-
an highlighted in a note yesterday
included subdued daily charter
rates of its rigs, and squeezed mar-
gins under its engineering and
construction division. Jianyuan
kept his FY18 earnings forecast
at RM161.4 million.
Of Sapura Energys 15 drilling
rigs, only six were operational in the
2QFY18 representing a 40% uti-
lisation rate, noted AmInvestment
Research analyst Alex Goh. With
rig SKD T-12 dropping out, rig uti-
lisation will drop further to 33%, he
said. Goh has cut his FY18 earnings
forecast by 23% to RM147.6 million.
Apart from falling day charter
rates, bids for work in FY19 are
seeing strong competitive down-
ward pressures on rates too, CIMB
Research chief analyst Raymond
Yap said. As such, he expects the
drilling segment to see widening
losses in the second half of FY18.
In his note, Yap lowered his TP
for Sapura Energy to RM1.63 from
RM1.80, and cut his net profit fore-
cast by 21% to RM209.5 million
from RM254.1 million.
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
EDITORS PICKS FROM
theedgemarkets.com
Berjaya Corp narrows 1Q
net loss on lower tax expense
BY ADA M A Z IZ
KUALA LUMPUR: Lower tax ex-
pense helped Berjaya Corp Bhd
(BCorp) narrow its net loss in the
first quarter ended July 31, 2017
(1QFY18) to RM43.4 million, from
RM62.68 million a year earlier.
Losses per share fell to 0.73
sen from 1.11 sen, the group said
in a filing with Bursa Malaysia.
At the pre-tax level, the group
posted a profit of RM62.25 mil-
lion, down 13.06% compared
with RM71.61 million reported
for 1QFY17, dragged by lower
income from its property invest-
ment and development business.
Quarterly revenue declined
1.16% to RM2.2 billion from
RM2.22 billion in 1QFY17 also
from lower contribution from the
groups property-related busi-
nesses, but mitigated by its mar-
keting of consumer products and
services segment.
Media Prima announces senior
management changes
BY S A MA N T H A H O
KUALA LUMPUR: Media Prima
Bhd has appointed Johan Ishak
as chief executive officer (CEO)
of Media Prima Television Net-
works (MPTN) effective Oct 2.
Johan will oversee Media Pri-
mas TV3, ntv7, 8TV, TV9, tonton
and the home-shopping business
CJ Wow Shop. He will report to
Media Primas group manag-
ing director (MD) Datuk Kamal
Khalid.
In a statement yesterday, Me-
dia Prima said Johan, 42, will be
responsible for the overall oper-
ations of MPTN and will focus on
strengthening its core business-
es while pursuing new business
opportunities.
Prior to this, Johan had been
the CEO of MyCreative Ventures
Sdn Bhd since 2012, a government
investment arm for the promotion
of the Malaysian creative industry.
Setback for Matang in RM180m
land acquisition in Raub
BY S A MA N T H A H O
KUALA LUMPUR: Matang Bhd's
plan to acquire two parcels of
leasehold agricultural land in
Raub, Pahang for RM180 million
suffered a setback yesterday, due
to an injunction granted by the
High Court of Malaya.
In a filing with Bursa Malaysia,
Matang said it yesterday received
a letter from Raub Mining & De-
velopment Co Sdn Bhd (RMDC),
informing it that the disposal of
the assets will be put on hold
for the moment due to the in-
junction.
RMDC had instructed its so-
licitors and counsel to prosecute
an appeal against the decision
This was mainly due to con-
tribution from the motor distri-
bution business, which achieved
higher sales volume of new cars
coupled with certain new models
being made available for sale, said
BCorp in a separate statement.
Additionally, both its restau-
rant and hotel segments post-
ed higher revenues, backed by
contributions of new cafes and
its new hotel (which opened in
October 2016), respectively.
However, the higher revenue
was offset by the lower revenue
reported by the retail distribu-
tion business, attributed to weak
consumer spending sentiment
resulting from the slowdown in
the economy, the group added.
On prospects, BCorp said its
operating environment will be
very challenging moving for-
ward, having considered the pre-
vailing economic conditions and
global financial outlook.
Previously, Johan also served
as general manager of group fi-
nance at Media Prima from 2009
to 2012.
Apart from Johan, Media Pri-
ma also announced the appoint-
ment of Fan Chen Yip, 46, as head
of key account management and
media sales planning from Oct 16.
He will be responsible for driv-
ing the groups key sales strate-
gies to ensure sustainable revenue
growth and will provide leader-
ship and strategic direction for the
groups sales operations. He will
report to Media Primas group MD.
Meanwhile, Alfian Talib,
41, has been appointed chief
commercial officer of The New
Straits Times Press (Malaysia)
Bhd (NSTP).
In his new role, Alfian will be
overseeing the marketing, adver-
tising sales and newspaper sales
and distribution departments.
He reports to the CEO of NSTP.
of the High Court and it shall
keep the company informed of
the progress of the matter, said
Matang.
In July, Matang issued a let-
ter of intent (LoI) to RMDC and
Raub Oil Mill Sdn Bhd, stating its
intention to buy the two parcels
of land totalling 1,707.69ha from
them, which come together with
an oil palm plantation, buildings,
plant, machinery, equipment and
a palm oil mill, as well as vehi-
cles and stocks of the aforesaid
plantation and mill.
However, the LoI was not in-
tended to be legally binding for
the parties until and unless a for-
mal agreement was entered into,
Matang said.
FRIDAY S E P T E MB E R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
Serba Dinamik, Chin Hin chiefs
among top EOY nominees
Winners of the EY awards will be announced at a gala event in December
KUALA LUMPUR: Among the 16
top nominees who made it into
the 16th prestigious EY Entrepre-
neur Of The Year (EOY) Malaysia
Awards this year are the managing
directors (MDs) of Serba Dina-
mik Holdings Bhd and Chin Hin
Group Bhd.
The nominees were announced
at a glitzy cocktail ceremony host-
ed by EY and its co-host, Credit
Suisse AG, yesterday. They will be
competing to win the top honours
in four separate categories: master
entrepreneur, emerging entrepre-
neur, technology entrepreneur and
woman entrepreneur.
In the master entrepreneur cat-
egory, the top nominees are Ser-
ba Dinamik MD Datuk Dr Mohd
Abdul Karim Abdullah, Pensonic
Holdings Bhd founder and exec-
utive chairman Datuk Seri Chew
Weng Khak, Mega Fortris (Malay-
sia) Sdn Bhd group chief executive
officer (CEO) Adrian Ng, and Brainy
Bunch Sdn Bhd co-founder Mohd
Fadzil Hashim.
Under the emerging entrepre-
neur category, the five top nomi-
nees are Chin Hin MD Chiau Haw
Choon, FatHopes Energy Sdn Bhd
founder Vinesh Sinha, Live Scape
Bank Islam Brunei said to delay US$500m IPO
BY EL F F I E C H EW
KUALA LUMPUR: Bank Islam
Brunei Darussalam Bhd, the
Southeast Asian sultanates big-
gest lender, has postponed a
planned initial public offering
(IPO) that could raise as much
as US$500 million (RM2.12 bil-
lion), people familiar with the
matter said.
Bank Islam Brunei needs
more time to complete some
internal restructuring proce-
dures before it proceeds with
the listing in Kuala Lumpur,
Mah Sing gets Kimlun to build connecting road from Meridin East to highway
BY A DA M A ZI Z
KUALA LUMPUR: Mah Sing Group
Bhd has awarded a RM50 million
contract to Kimlun Corp Bhd to
build a connecting road to the
Tanjung Langsat-Cahaya Baru Toll
Connecting Highway in Johor.
The connecting road to the
highway part of the Senai De-
saru Expressway (SDE) will be
just 1km away from Mah Sings
township development Meri-
Sdn Bhd CEO Muhammad Iqbal
Ameer Ali, Mattan Consultancy
Sdn Bhd co-founder Levin Tan,
and Supahands Dot Com Sdn Bhd
co-founder Mark Koh.
There are three top nominees
competing for the technology entre-
preneur title: Alliancecorp Manu-
facturing Sdn Bhd founder Tan Ging
Hoon, IX Telecom Sdn Bhd founder
Noor Mohd Helmi Nong Hadzmi,
and SecureMetric Technology Sdn
Bhd founder Edward Law.
Fighting for the top spot in the
woman entrepreneur category are
the people said, asking not to
be identified because the pro-
cess is private.
The lender had originally
planned to submit a draft pro-
spectus to the Malaysian securi-
ties regulator this month and list
by the end of the year, according
to the people. It is now targeting
to sell shares in the first half of
2018, the people said.
The IPO would be the first from
a company based in Brunei, an
oil-rich country that doesnt have
its own stock exchange, according
to data compiled by Bloomberg.
din East the developer said in
a statement yesterday.
Mah Sing said the connect-
ing road will help shorten travel
time from the 531.35ha integrat-
ed mixed development (with a
gross development value of RM5
billion) to key locations such as
Tanjung Langsat and Pasir Gu-
dang to between 15 minutes and
45 minutes.
The connecting road will also
enhance connectivity by allowing
Rao: The programme
aims to recognise and
celebrate the vision,
innovation, courage
and leadership of the
extraordinary men
and women, whose
entrepreneurial spirit
in building and growing
successful businesses
have made a positive and
enduring impact on their
community and country.
The Edge le photo
HLT Global Bhd founder and CEO
Chan Yoke Chun, Christy Ng Sdn
Bhd founder and CEO Christina
Ng, Neubodi Holdings Sdn Bhd
founder Tan See See, and The
Center of Applied Data Science
Sdn Bhd founder and MD Shara-
la Axryd.
Winners of the four categories,
and the overall EY EOY 2017 Ma-
laysia Award will be announced
and celebrated at a gala event in
December. The Malaysian EY
EOY 2017 will then join country
award recipients from around the
First-time share sales in Ma-
laysia raised US$1.7 billion so
far this year, up from US$270
million during the same period
in 2016, the data show.
Bank Islam Brunei is con-
stantly reviewing options to
continue its business growth
and create shared value, a rep-
resentative said in an emailed
statement, declining to comment
on the delay.
Shareholders of Bank Islam
Brunei include the Brunei fi-
nance ministry, the Sultan Haji
Hassanal Bolkiah Foundation,
easier access to the SDE, as well
as the North-South Highway, said
Mah Sing chief executive officer
Datuk Ho Hon Sang.
This will make Meridin East
an even more appealing address
for buyers, as we offer affordably
priced homes with excellent facil-
ities and accessibility, he added.
Construction work on the con-
necting road is set to begin in the
first quarter of 2018, with com-
pletion scheduled at end-2020.
HOME BUSINESS 7
globe in Monte Carlo in June 2018
to compete for the EY World En-
trepreneur Of The Year (WEOY)
2018 award, said EY.
We are proud to be the old-
est business award programme in
Malaysia and have been privileged
to shine the spotlight on some of
Malaysias most exceptional disrup-
tors, innovators and game chang-
ers of tomorrow, and share their
success stories on a national and
global platform, said EOY Malay-
sia Awards programme director
Philip Rao.
The programme, said Rao, aims
to recognise and celebrate the
vision, innovation, courage and
leadership of the extraordinary
men and women, whose entre-
preneurial spirit in building and
growing successful businesses
have made a positive and endur-
ing impact on their community
and country.
He added that EY is gratified the
programme, in its 16th year now,
continued to attract vibrant inter-
est, going by the high number of
nominations received, which he
attributed to EYs steadfast com-
mitment to upholding the highest
standards of its global criteria.
private equity firm Fajr Capital
Ltd and about 6,000 Bruneian in-
vestors, according to its website.
The lender, formed through
a 2005 merger of Islamic Bank
of Brunei with Islamic Develop-
ment Bank of Brunei, had B$9.5
billion (RM40.15 billion) of total
group assets at the end of 2016.
Its Tier 1 capital adequacy ratio
was 20.8% at that time, its web-
site shows. Based in the capi-
tal Bandar Seri Begawan, it has
15 branches across Brunei and
employs more than 700 people.
Bloomberg
Kimlun executive director Chin
Lian Hing said: We are really
privileged to have business asso-
ciates like Mah Sing and hope that
our collaboration will take both
organisations to greater heights.
Kimluns shares closed un-
changed at RM2.18 yesterday,
with a market capitalisation of
RM696.79 million. Mah Sing
shares also closed flat at RM1.49,
giving it a market capitalisation
of RM3.63 billion.
Lay Hong
allocates
smaller capex
for FY18
BY TA N XUE Y IN G
KUALA LUMPUR: Egg and poultry
producer Lay Hong Bhd is spending
RM50 million to expand its layer
and broiler capacity in the current
financial year ending March 31,
2018 (FY18).
The capital expenditure (capex)
excludes the RM7 million allocated
for its joint venture with Japan-based
company NH Foods Ltd, it said.
According to group executive
director Yap Chor How, the group's
FY18 capex allocation is lower than
that of RM77 million last year be-
cause part of its expansion plan
had begun in FY17, adding that the
timeline of this progressive plan is
within target.
The broiler expansion will only
be completed in FY19 due to the
livestock cycle, while [expansion
to increase] our egg production is
expected to be completed by Oc-
tober next year," he told reporters
after Lay Hong's annual general
meeting yesterday.
The group is targeting to increase
its egg production capacity to three
million eggs per day by the end of
this financial year from 2.5 million
now, while production capacity for
its broiler segment would increase
from 1.1 million birds per month
to 1.5 million by end-FY18, and to
two million by FY19, said Lay Hong
finance director Ng Kim Tian.
So far, Ng said 20% of the total
capex has been utilised.
When asked if the capex is ap-
portioned to its retail supermarket
segment, Yap said the group has
plans on adding one more outlet to
its three new stores that had recent-
ly opened, with a capital spending
per store of RM1 million.
As at end-FY17, Lay Hong has
17 retail outlets, as well as one dis-
tribution centre in Sabah.
The increase in capacity since
FY17 has positively contributed to
our books, our second-quarter [per-
formance] will definitely be better
compared with last year, said Yap.
For the second quarter ended Sept
30, 2016, Lay Hong registered a net
profit of RM3.54 million on revenue
of RM170.98 million.
Going forward, Yap said, the
group's profit margin remains un-
affected by market dynamics, and
the capacity expansion is expected
to offset the deficit seen from do-
mestic consumption, which will in
turn help lower costs of production
and increase market supply.
On its e-grocery venture that had
stirred confusion in the market lately,
Yap clarified that Lay Hong is in the
e-commerce business, but merely as
a participant and not as an operator.
Yap said that Lay Hong, with-
out having to enter as an investor,
could make use of PanPages Bhd
and MMAG Holdings Bhd as key
integration platforms to increase
the market share of its core busi-
ness, especially in exploring the
business-to-business market.
Lay Hong is not acquiring any
substantial stake in PanPages or
MMAG, Yap said.
8 HOME BUSINESS
Rehda wants higher
EPF withdrawal
for first-time buyers
It also wants GST waiver for affordable housing materials
BY WO N G EE L I N
PETALING JAYA: With the tabling of
Budget 2018 drawing near, the Real
Estate and Housing Developers As-
sociation Malaysia (Rehda) is urging
the government to allow first-time
homebuyers to withdraw up to 50%
of their Employees Provident Fund
(EPF) savings, to fund their house
purchase.
This is not the first time such a
proposal has been put on the table.
Last year, the government consid-
ered raising the withdrawal limit to
40%, but the idea was dropped. The
current withdrawal limit is up to 30%
of an employees EPF savings, which
is the portion placed in Account II.
The authorities should also make
it easier for contributors to make use
of the funds in Account II for the pur-
chase of homes, Rehda president
Datuk Seri FD Iskandar said.
We know EPF contributors are
allowed to access the [Account II]
funds, but what were saying is [al-
low] the disbursement of the 10%
down payment [on the house] from
EPF to be channelled directly to the
developer concerned, without buy-
ers having to pay [first] from their
own savings or other sources. Only
for first-time homebuyers, he said.
When asked if Rehda had dis-
cussed its proposals with the EPF, FD
Iskandar said: We have mentioned
it to somebody in EPF. However, EPF
is very concerned about the amount
(the proposed 50% withdrawal limit).
They keep telling us that when peo-
Malaysia on track to adopt gateless gantry toll by 2020
BY N E I LY SYA FI QA H EU SO FF
KUALA LUMPUR: The plan to im-
plement the multi-lane free flow
(MLFF) system on all highways
by 2020 is on track, Works Minis-
ter Datuk Seri Fadillah Yusof said
yesterday. He said the ongoing pilot
test of the gateless gantry toll col-
lection system is progressing well.
The pilot test using the Radio
Frequency Identification (RFID)
technology is being carried out at
selected tollbooths located along
the Ampang-Kuala Lumpur Ele-
vated Highway, Duta-Ulu Klang
Expressway (DUKE), Kesas High-
way, Federal Highway and Sprint
Expressway in the Klang Valley.
We have opened [RFID lanes]
at certain tollbooths and issued
stickers to about 8,000 enforce-
ment vehicles such as the police
and ambulance, especially in the
ple retire, they do not have enough,
because the lifespan of Malaysians
has increased.
He was speaking to reporters at a
media luncheon to announce Rehdas
Budget 2018 wish list, where Rehda
highlighted that more incentives must
be given to first-time homebuyers,
like lower financing interest rates and
longer loan repayment tenures, es-
pecially for homes priced RM500,000
and below.
For developers, Rehda is asking,
for the first time, that the goods and
services tax (GST) be waived for con-
struction materials used in the de-
velopment of affordable housing.
Even if it was a partial waiver would
be good, said FD Iskandar.
Rehda also called on the govern-
ment to lower or abolish unnecessary
development charges or require-
ments to reduce the costs of doing
business for property developers,
so that the savings can be passed to
house buyers in the form of more
affordable housing.
Some things, we cant control,
that is fact. But a lot of things can be
controlled. [Like land] conversion
premium which is under the state
governments control and devel-
opment charges which is within
the local authoritys control, said
FD Iskandar.
For developers building afforda-
ble homes [priced] RM500,000 and
below, either you waive or charge
less conversion premium, waive the
development charges, or [allow us
to] increase [the] plot-ratio density.
Klang Valley. They are exempted
from paying a toll in the trial peri-
od, said Fadillah.
More RFID lanes will be
launched in the implementation
of the system in stages from next
year, he said.
The goal is in 2020 as a whole,
we will [only] use MLFF, the min-
ister told reporters after launching
the second alignment of the Tun
Razak Link (TRL) which is part of
DUKE Phase 2.
Fadillah said the second align-
ment is expected to benefit about
25,000 motorists every day and
solve traffic congestion around the
city, especially in Jalan Tun Razak,
and at the Jalan Pahang roundabout
and the Jalan Duta Interchange.
The 9km-long TRL the first
alignment of which was opened
on May 23 starts from Jalan Tun
Razak near the National Heart In-
Then, you get a lot more developers
coming to do affordable homes, be-
cause this [lack of supply] is the cur-
rent problem now, he said.
He also said private utility compa-
nies providing water, electricity and
telecommunication devices should
stop imposing capital contribution
charges on developers. This is be-
cause developers are already required
to provide the infrastructure for those
same utilities in their projects, which
bring in new customers to the utility
companies, he said.
FD Iskandar also called on the
government to continue with incen-
tives like grants, given via the My-
Home Scheme that was announced in
Budget 2013, to encourage developers
to build more affordable homes. My-
Home offered incentives of RM30,000
for each affordable housing unit built.
The last time it was given was
two years ago. It was RM300 million
for MyHome. Last year, there was no
MyHome. I hope this year, it will come
back, and with a bigger budget, said
FD Iskandar.
In addition, Rehda believes the
government should identify more
government and state land for the
provision of affordable housing, es-
pecially if such lands are not used
optimally.
Rehda is also proposing that the
foreign acquisition threshold be re-
laxed from RM1 million to RM700,000
for completed properties which re-
main unsold six months after the issu-
ance of the certificate of completion
and compliance or CCC.
(From left) Ekovest managing director Datuk Seri Lim Keng Cheng, EPF infrastructure
head Norsamsida Hassan, Works Ministry deputy secretary-general Datuk Abdul
Razak Jaafar, Fadillah, Malaysian Highway Authority director-general Datuk Ismail Md
Salleh and Ekovest chairman Tan Sri Lim Kang Hoo at the launch of the DUKE Phase 2
Tun Razak Link. Photo by Patrick Goh
stitute and heads northwards along
Jalan Pahang and Jalan 9/48A to
connect with Jalan Gombak after
crossing the existing DUKE 1 at the
Sentul Pasar Interchange.
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
NEWS IN BRIEF
Muar Ban Lee fails to sell oil palm
unit as MoU expires
BY S A MA N T H A H O
KUALA LUMPUR: Muar Ban Lee
Group Bhd will no longer be dis-
posing of its oil palm unit, Sokor
Gemilang Ladang Sdn Bhd, as the
non-binding preliminary agree-
ment inked with the buyer, Ever-
home International (M) Sdn Bhd,
has expired.
In a Bursa Malaysia filing, Muar
Ban Lee said the memorandum of
understanding (MoU) the parties
inked lapsed yesterday without any
conclusion to the negotiations.
Upon the MoU expiry, neither
party shall have any claim against
the other, save and except for any
Globaltecs unit, Pertamina Gas
to explore Sumatra gas supply
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Globaltec For-
mation Bhd plans to work with
Indonesias PT Pertamina Gas to
jointly explore the supply of coal-
bed methane gas from the Tanjung
Enim production-sharing contract
(PSC) in South Sumatra, Indonesia
for distribution to Pertamina Gas
consumers there.
In a filing with Bursa Malaysia
yesterday, Globaltec said its Aus-
tralia-listed subsidiary, NuEner-
Boustead issues RM500m Islamic
notes under sukuk programme
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Boustead Hold-
ings Bhd has issued a 10-year Is-
lamic Medium-Term Note (IMTN)
worth RM500 million under its
sukuk programme.
This follows an earlier IMTN
worth RM2 billion announced
by the group on Sept 12.
Affin Hwang Investment Bank
Costing about RM1.18 billion,
the DUKE Phase 2 project is most-
ly elevated and comprises the Tun
Razak Link and the 7.4km Sri Da-
mansara Link (SDL), which will
antecedent claim, the group said
in a filing with the stock exchange
yesterday.
Muar Ban Lee announced in
March that it planned to sell the
unit to furniture maker Everhome
International for RM35.1 million.
The disposal was described as a
strategic opportunity for the group
to realise its investment in Sokor
Gemilang, which owns the right to
develop 789ha of land into an oil
palm or rubber plantation.
Shares in Muar Ban Lee closed
5 sen or 4.24% lower at RM1.13
apiece yesterday, giving the group a
market capitalisation of RM103.35
million.
gy Gas Ltd, has signed a memo-
randum of understanding with
Pertamina Gas to jointly evaluate
the economic viability of coalbed
methane gas supply from Tanjung
Enim PSCs initial plan of develop-
ment, with the aim of utilising the
gas to fulfil Pertamina Gas con-
sumer needs in Sumatra.
Pertamina Gas is a subsidiary
of Indonesian state-owned oil and
gas company, PT Pertamina, and
one of NuEnergys joint-venture
partners for the Tanjung Enim PSC.
Bhd, in a statement issued on be-
half of Boustead, said the proceeds
raised from the two sukuk pro-
grammes will be used to refinance
existing borrowings and to finance
future property development pro-
jects and capital expenditures.
Bousteads share price closed
up two sen or 0.69% at RM2.90
yesterday, giving it a market capi-
talisation of RM5.88 billion.
also be connected to the existing
DUKE 1.
SDL alignment is in the final
work process and is expected to be
completed by the end of this year,
Fadillah said.
DUKE Phase 2 project is man-
aged by Konsortium Lebuhraya
Utara-Timur (KL) Sdn Bhd in col-
laboration with Ekovest Bhd and the
Employees Provident Fund (EPF).
Meanwhile, Ekovests conces-
sion for the Setiawangsa-Pantai Ex-
pressway, a 29.8km highway which
was previously known as DUKE
Phase 3, is now under construction
at a cost of RM3.74 billion.
Upon completion, it will traverse
north to south of Kuala Lumpur and
will serve areas such as Universi-
ti Tunku Abdul Rahman, Wangsa
Maju, Setiawangsa, Ampang, the
Tun Razak Exchange and the Ban-
dar Malaysia development corridor.
10 ST O C KS W I T H M O M E N T U M
PANTECH GROUP HOLDINGS BHD (+ve)
SHARES in Pantech Group Holdings Bhd
(fundamental: 1/3, valuation: 2/3), which
triggered our momentum algorithm yes-
terday for the fourth time this year, settled
2.5 sen or 3.73% higher at 69.5 sen yester-
day. Some 21.17 million shares were traded,
compared with the counters 200-day aver-
age volume of 1.85 million shares.
Pantechs net profit for its first quarter
ended May 31, 2017 rose 64% to RM13.96
million from RM8.09 million a year earlier,
PANTECH GROUP HOLDINGS BHD
TA WIN HOLDINGS BHD (+ve)
SHARES in Ta Win Holdings Bhd (funda-
mental: 0.9/3, valuation: 0.3/3) triggered
our momentum algorithm yesterday for
the 13th time this year. The counter slid one
sen or 0.76% to settle at RM1.31 yesterday,
after 2.48 million shares were traded, com-
pared with its 200-day average volume of
590,722 shares. Year to date, the stock has
jumped 274%.
Ta Win narrowed its net loss in the second
quarter ended June 30, 2017 to RM698,000
from RM3.14 million last year, on better ex-
TA WIN HOLDINGS BHD
WONG ENGINEERING CORP BHD (+ve)
SHARES in Wong Engineering Corp Bhd (fun-
damental: 1.85/3, valuation: 0.3/3), which
triggered our momentum algorithm yester-
day for the third time this year, climbed 7.5
sen or 9.68% to close at 85 sen on market
close. The counter saw 7.38 million shares
traded, far above its 200-day average volume
of 153,958 shares.
On Wednesday, Wong Engineering said its
net profit for the third quarter ended July 31,
2017 jumped over 37 times to RM3.05 million
or 3.33 sen per share, from RM82,000 or 0.09
WONG ENGINEERING CORP BHD
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
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.
www.theedgemarkets.com
Our shareholders, directors and employees may have positions in any of the stocks mentioned.
HOME BUSINESS
on higher sales from both its trading and
manufacturing divisions. Quarterly revenue
rose 22% year-on-year to RM151.5 million
from RM123.94 million.
The group declared a first interim dividend
George Kent 2Q net profit up
of 0.5 sen per share and a special interim
dividend of 0.5 sen per share in respect of
its financial year ending Feb 28, 2018. The
24%, pays 2.5 sen dividend
dividends will be paid on Oct 24.
At the current share price, Pantech is BY SURIN MURUGIAH a year ago, while revenue was up 10.2% to
trading at 0.95 times its book value. RM316.99 million from RM287.73 million
KUALA LUMPUR: George Kent (Malaysia) in 1HFY17.
Valuation score* 2.00 Bhd saw its second-quarter net profit rise In a statement yesterday, George Kent
Fundamental score** 1.00 23.7% from a year earlier, driven by higher group chairman Tan Sri Tan Kay Hock
TTM P/E (x) 13.52 contribution from both its engineering and said it is on track for another year of good
TTM PEG (x) (27.29) metering segments. performance in FY18 and will continue to
P/NAV (x) 0.92
Net profit for the three months ended seek opportunities to grow its strong order
July 31, 2017 (2QFY18) rose to RM25.38 book of RM5.93 billion.
TTM Dividend yield (%) 3.91
million from RM20.51 million a year ago, Completing the Ampang LRT Line Ex-
Market capitalisation (mil) 496.96 while earnings per share grew to 4.5 sen in tension Project (light rail transit 2) within
Shares outstanding (ex-treasury) mil 741.72 2QFY18 from 3.6 sen in 2QFY17. the stipulated timeline and winning the
Beta 0.98 The earnings growth was in line with Hong Kong water meter tender award have
12-month price range 0.43-0.67 higher revenue, which increased 13.8% further strengthened our reputation as a
*Valuation score - Composite measure of historical return & valuation
year-on-year to RM187.57 million from premier engineering and metering solu-
**Fundamental score - Composite measure of balance sheet strength RM164.77 million. tions provider, he said.
& protability The group also declared an interim div- In September, George Kent secured a
Note: A score of 3.0 is the best to have and 0.0 is the worst to have idend of 2.5 sen per share amounting to tender to supply and deliver 650,000 water
RM14.08 million for FY18, payable on Nov 9. meters worth US$6.86 million (RM29.02
For the cumulative six months ended million) to the Hong Kong Water Supplies
July 31, 2017 (1HFY18), net profit rose 23.5%
to RM43.87 million from RM35.52 million
Department within two years in 24 ship-
ments.
change rates, which contributed to foreign
exchange gains. Quarterly revenue, howev-
er, slid 8% year-on-year to RM89.49 million
from RM97.5 million.
For its first six months of financial Damansara Realty bags RM5m contract
year 2017, Ta Win recorded a net profit
of RM888,000 compared to a net loss of renewals from TM
RM8.03 million last year, though revenue
declined 4% to RM173.83 million from BY S U P RI YA S U RE NDRA N Damansara Realty chief executive officer
RM180.75 million. Brian Iskandar Zulkarim said in a state-
At the current share price, Ta Win is trad- KUALA LUMPUR: Damansara Realty Bhd ment yesterday.
ing at 1.32 times its book value. has secured the renewals of five contracts Earlier this week, the group won an
from Telekom Malaysia Bhd (TM) for IFM project for an estimated RM27.62
Valuation score* 0.30 integrated facilities management (IFM) million in a joint venture with Kum-
Fundamental score** 0.90 services worth RM5 million. pulan Perubatan (Johor) Sdn Bhd for
TTM P/E (x) 7.80 The contracts, which carry a tenure a small medical facility at Petroliam
TTM PEG (x) - of one year, are for the comprehensive Nasional Bhds Pengerang refinery in
P/NAV (x) 1.30
management of civil, mechanical and Johor.
electrical services for several TM build- Since the start of our aggressive stra-
TTM Dividend yield (%) -
ings including Menara TM, TM Annexe tegic restructuring plan in late 2016, we
Market capitalisation (mil) 84.86 1 & 2, Menara Celcom and Wisma TM have accomplished a commendable turn-
Shares outstanding (ex-treasury) mil 64.29 Taman Desa. around that has been driving our return
Beta 0.45 Our continued wins in new and re- to profitability, thereby strengthening
12-month price range 0.30-1.34 newed contracts are a validation of our Damansara Realtys brand and deliv-
*Valuation score - Composite measure of historical return & valuation
commitment and effort towards synergis- ering our shareholders expectations,
**Fundamental score - Composite measure of balance sheet strength ing our offerings in our three core areas said Brian.
& protability of IFM, property development and pro- Damansara Realtys share price closed
Note: A score of 3.0 is the best to have and 0.0 is the worst to have ject management consultancy to serve 3.5 sen or 5.88% lower at 56 sen, with a
a stronger proposition to our clients, market capitalisation of 173.2 million.
sen per share a year ago, thanks to higher
revenue and better operational efficiency. HSBC appoints new co-heads of global
Quarterly revenue grew 35% year-on-year
to RM11.86 million from RM8.79 million. banking for Malaysia
The latest quarterly earnings brought its
cumulative net profit for the nine months BY NE I LY SYAFI QAH E US O F F a variety of roles within retail banking
ended July 31, 2017 (9MFY17) to RM3.61 mil- and wealth management, commercial
lion, 4.3 times higher than the RM844,000 it KUALA LUMPUR: HSBC Bank Malaysia banking and global banking and mar-
recorded in 9MFY16, while revenue rose 18% Bhd has appointed Amreek Singh and kets, and in a number of markets across
to RM29.93 million from RM25.32 million. Omar Mahmoud as its new co-heads of Europe and Asia.
At the current share price, Wong Engi- global banking for Malaysia. He was previously the head of HS-
neering is trading at 1.35 times its book value. Amreek and Omar will be based here BCs multinationals business in Malay-
and will report to Southeast Asia head sia where he leveraged his extensive
Valuation score* 0.30 of global banking Stephen Williams and expertise to support some of the larg-
Fundamental score** 1.85 HSBC Malaysia country head of global est and most complex multinationals,
TTM P/E (x) 138.83 banking and markets Piyush Kaul. said HSBC.
TTM PEG (x) - In a statement yesterday, HSBC said HSBC Malaysia chief executive officer
P/NAV (x) 1.31
Amreek has more than 25 years of expe- Mukhtar Hussain said Malaysia is a cru-
rience in the financial services sector. cial component of HSBCs strategy and
TTM Dividend yield (%) -
He joined HSBC in Malaysia in 2008 success in the Asean region.
Market capitalisation (mil) 70.94 and was most recently co-head of large These appointments reflect the con-
Shares outstanding (ex-treasury) mil 91.54 corporates, global banking where he crete commitment we are making to
Beta 0.77 played a key role in establishing strong enhance our management capabilities
12-month price range 0.61-0.82 relationships with some of the banks and focus, he added.
*Valuation score - Composite measure of historical return & valuation
biggest clients in the country, it said. HSBC in Malaysia has a network of 68
**Fundamental score - Composite measure of balance sheet strength Meanwhile, Omar joined HSBC in branches, of which 26 are HSBC Aman-
& protability 2006 and has worked for the group in ah Malaysia Bhd branches.
Note: A score of 3.0 is the best to have and 0.0 is the worst to have
1 2 P R O P E RT Y
China developers swing wildly
This is after they made world-beating gains in 2017
BY A M A N DA WA N G
SHANGHAI: Chinas develop-
ers are swinging wildly after
world-beating gains this year.
Ten-day volatility for a Bloomb-
erg Intelligence index of 22
property companies surged on
Wednesday to the highest since
July 2015, as developers rallied
after a bloodbath on Monday and
additional declines the following
day. By yesterday, most were fall-
ing again.
I would advise investors to
wait on the sidelines in the short
term, said Toni Ho, an analyst with
RHB OSK Securities Hong Kong
Ltd. However, he was optimistic
about the six-month to one-year
outlook for developers. Moodys
Investors Service said yesterday
that developers credit metrics are
likely to improve over the next 12
months to 18 months.
Trading has turned wilder for
Chinese developers after new
property curbs clouded the out-
look for earnings, which have been
London skyscrapers draw highest rents in Europe
BY ESH A VA I SH
BENGALURU: Rents for office space
in London skyscrapers are still the
highest across Europe, a report
showed yesterday, indicating that
the capital remains one of the most
sought-after business hubs despite
Britains looming exit from the Eu-
ropean Union (EU).
Prime rents in London buildings
over 30 storeys stood at US$110
(RM465.30) per sq ft over the first
half of the year, nearly double the
US$58 per sq ft and US$54 per sq
ft rent for buildings in Paris and
Frankfurt respectively, according
soaring for the industrys biggest
players. Investors are also weigh-
ing the debt burdens of companies
such as Sunac China Holdings Ltd,
which splashed out on acquisitions
including the purchase of Dalian
to the report by property group
Knight Frank.
Londons future as Europes pre-
mier financial hub has been threat-
ened by Brexit as many companies
have said they may move some
jobs out of the British capital if the
country loses its access to Europes
single market and are already draw-
ing up plans.
However so far the amount of of-
fice space take-up, including across
the City of London and Canary
Wharf financial districts, has been
steady over the past year, prompting
overseas groups to buy the British
capitals best-known skyscrapers
Wanda Group Co theme parks.
Yesterday, Sunac led declines
among the index members, slip-
ping as much as 4.9% in Hong
Kong. Its up 424% this year, one
of the worlds best performers
including the Cheesegrater and
Walkie Talkie.
That London still commands
the highest skyscraper office rents
in Europe, despite the Brexit uncer-
tainty, is a statement of its resilience
and popularity as a business loca-
tion, Knight Frank chief economist
James Roberts said.
Firms are willing to pay more to
be in London skyscrapers than those
in Frankfurt because they view the
UK capital as a more important in-
ternational hub, he added.
A Reuters survey has shown that
around 10,000 finance jobs will be
shifted out of Britain or created
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
among big companies.
Kaisa Group Holdings Ltds
price swings are among the most
extreme for Hong Kong-traded
stocks, using a 20-day measure.
Bloomberg
overseas in the next few years if the
country leaves the single EU mar-
ket, with Frankfurt by far the most
popular destination for new roles
and Paris in second spot.
Knight Franks report showed
that rental growth for Frankfurt and
Paris skyscraper offices was flat in
the six-month period, indicating
that office values in financial cities
expected to benefit from Brexit had
seen a limited boost so far.
Growth in London rents, which
are the fifth highest in the world
behind cities such as Hong Kong
and New York, was also flat over
the period. Reuters
Toronto, London
among riskiest
housing bubble
cities, UBS says
BY JACK SIDDERS
LONDON: Toronto and London
are among the cities most at risk
of a housing bubble as econom-
ic optimism and low borrowing
costs push up property values in
urban areas worldwide, according
to UBS Group AG.
The Canadian city, which en-
tered the index of 20 locations
for the first time this year, has the
most overvalued housing market,
while London was the third riski-
est in Europe after Stockholm and
Munich, the Swiss bank said in a
report published yesterday.
The situation in Londons
housing market is relatively un-
certain right now nobody wants
to burn their fi ngers, Matthias
Holzhey, an economist at UBS and
one of the authors of the report,
told reporters in Zurich. There
are more attractive places to invest
in Europe, for example Frankfurt
or Milan.
Inflation-adjusted home values
in the UK capital are almost 45%
higher than they were five years
ago and 15% higher than before
the financial crisis while real in-
comes remain 10% lower than
in 2007, according to the report.
A skilled service worker needs
to work almost 16 years to buy a
60-sq-m apartment near the city
centre, UBS said.
Buyers are betting that the
worlds top cities will continue
to outperform national housing
markets. Together with demand
from international buyers par-
ticularly those from China the
worlds leading cities have seen
average price growth of almost
20% over the past three years, the
UBS data show.
Vancouver and Sydney were
also in the top five in terms of
risk. Chicago was the only un-
dervalued city in the study, with
three-quarter of them in danger of
a bubble or overvalued, the UBS
report said. Bloomberg
FRIDAY S E P T E MB E R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
B R O K E R S C A L L 13

Stronger 2H earnings
Yinson to deliver stable earnings on
long-term contracts
Yinson Holdings Bhd Sequentially, the second

expected for DNeX

(Sept 28, RM3.55) quarter of FY18 core net profit
Maintain outperform call with increased by 41% to RM109.3 mil-
an unchanged target price of lion from RM77.4 million in tan-
RM4.05: With no surprises in the dem with 26% quarter-on-quar-
first half of financial year 2018 ter (q-o-q) higher top line arising
(1HFY18), Yinson Holdings Bhd from maiden earnings contribu-
continued to deliver stable earn- tion from FPSO JAK which hit
ings backed by long-term con- first oil at the end of May as well
Dagang Nexchange Bhd Dagang NeXchange Bhd tracts. Meanwhile, we believe as lower administrative expenses
(Sept 28, 47.5 sen) the sale of its 26% stake in float- (-6% q-o-q).
Maintain add call with a revised FYE DEC (RM MIL) 2015A 2016A 2017F 2018F 2019F ing production, storage and of- On a year-on-year (y-o-y) ba-
target price (TP) of 74 sen: We Revenue 98.4 181.5 233.0 276.2 290.3 floading (FPSO) John Agyekum sis, the 2QFY18 core net profit
met with Dagang Nexchange Bhds Operating Ebitda 33.08 28.91 60.19 71.47 77.66
Kufuor (JAK) will help to mone- jumped by 78% y-o-y from RM61.6
(DNeX) management on Wednes- tise the good, quality contract in million in the 2QFY17 in tandem
day to discuss the groups first half Net profit 11.23 48.39 60.39 72.23 79.29 hand and augment its war chest with a 90% increase in revenue
ended June 30, 2017 (1HFY17) re- Core EPS (RM) 0.021 0.029 0.035 0.041 0.045 for the future. backed by the above reason. Cu-
sults and outlook for 2HFY17. We Core EPS growth (%) 24.2 33.2 21.1 19.6 9.8 At 62% and 71% respectively of mulatively, the 1HFY18 earnings
left the meeting feeling cautious FD core PER (x) 22.17 12.01 15.66 13.45 12.38 our and consensus full-year esti- also improved by 90% to RM186.7
on DNeXs near-term outlook due DPS (RM) 0.001 0.005 0.005 0.010 0.015 mates, the 1HFY18 core net prof- million from RM98.4 million in
to a soft market environment and it of RM186.7 million is deemed 1HFY17 thanks to higher contri-
Dividend yield (%) 0.19 0.97 1.05 2.11 3.16
margin compression in the oil and within expectations as we are ex- bution from the FPSO segment.
gas segment. However, it main- EV/Ebitda (x) 10.32 20.04 8.86 6.76 5.53 pecting a weaker 2HFY18 in the With the intention to redeploy
tained its 30% revenue and 20% P/FCFE (x) na na 32.25 24.61 20.25 absence of additional revenue FPSO PTSC Lamson, PetroViet-
net profit growth forecast in the Net gearing (%) (26.0) (18.0) (26.7) (34.4) (41.1) from shipping services and vari- nam is currently in the midst of
financial year 2017 (FY17) on the P/BV (x) 3.65 2.06 1.82 1.63 1.48 ation orders. discussing new charter contract
back of new recurring income in ROE (%) 17.7 19.8 14.1 15.0 14.8 Our core net profit is adjusted with PTSC AP. It is likely that the
the IT division and full-year profit for: i) RM21.9 million unrealised new contract will have a duration
% change in core
contribution from Ping Petroleum. foreign exchange (forex) loss; ii) of four years which is similar to the
The group highlighted that EPS estimates (10.1) (9.4) (6.4) RM17.7 million impairment loss remaining contract period of the
pre-tax profit from the IT division CIMB/consensus EPS (x) 0.89 0.86 0.93 on property, plant and equip- existing contract.
surged 35% year-on-year (y-o-y) to Sources: Company data, CIMB forecasts ment (PPE); iii) RM2.9 million Note that the sale transaction is
RM22.3 million in 1HFY17, driven fair value (FV) loss on investment slated for completion by 4QFY18
by growth in its trade facilitation properties; and iv) RM1.6 million and the reduction of 26% would
business and new recurring in- of US$56(RM236.9)/barrel year platform on Sept 18 could be de- impairment loss on receivables. reduce FY18 to 19 earnings by
come from operation and mainte- to date (versus US$45/barrel in layed due to integration issues. Interim dividend of four sen per 5%-20% assuming only 74% stake
nance of the vehicle entry permit FY16). Hence, we see potential for the share was declared, above our to the charter income from FPSO
(VEP) and road charge (RC) sys- We cut our FY17 to FY19 fore- NSW platform exclusivity contract expectations. JAK. Kenanga Research, Sept 28
tem. Meanwhile, the energy di- cast earnings per share by 6% to to be renewed or extended. Apart
visions pre-tax losses (excluding 10% to account for weaker earn- from that, the group is also ex-
Ping) narrowed to RM2.9 million ings from OGPC Sdn Bhd and ploring possible monetisation of Yinson Holdings Bhd
in 1HFY17 versus RM4.1 million DOS, but still expect stronger its radio frequency identification
in 1HFY16 due to higher utilisa- earnings delivery in the 2HFY17 tags system that is suited for appli- FYE JAN (RM MIL) 2017A 2018E 2019E
tion at the DNeX Oilfield (DOS). driven by: i) 20% recognition of cations in transport and logistics Turnover 543.3 942.2 1,015.4
Ping recorded a RM8.5 million the portable container system areas, such as multi-flow lanes. Ebit 162.2 418.4 441.7
associate profit contribution in contract of RM75 million; ii) the Following our earnings revi- PBT 213.2 377.2 370.5
1HFY17 mainly due to higher av- remaining 20% VEP and RC sys- sion, we lower our sum-of-parts Net profit (NP) 197.0 301.3 296.0
erage crude oil prices. There was tem portion for the Johor-Singa- based TP to 74 sen as we roll over
Core net profit 233.5 301.3 296.0
no y-o-y comparison in 1HFY16, pore crossing; and iii) stronger our valuation to end 2018. New
as the 30% stake acquisition in contributions from Ping. Over- contracts for VEP and RC sys- Consensus (NP) 263.2 287.5
Ping was only completed at end all, we project DNeX to record a tems, extension of NSW platform Core EPS (sen) 21.4 27.6 27.1
of the 2Q16. Management ex- robust FY16 to FY19 forecast net exclusivity and higher crude oil Core EPS growth (%) 41.4 29.1 -1.8
pects lower production volume profit compound annual growth prices are potential rerating cat- NDPS (sen)* 1.5 4.0 4.0
from Ping due to a fall in crude rate (CAGR) of 17%, driven by re- alysts for the stock. Key downside NTA/Share (RM) 1.8 4.4 2.7
oil lifting from five times in 2016 silient earnings growth in both its risks to our call are a decline in Core PER 16.3 12.6 12.8
to four times in 2017. However, IT services and energy segments. NSW transaction volumes post
Price/NTA (x) 1.9 0.8 1.3
the group still expects a strong- Based on our channel checks, exclusivity expiry in September
er 2HFY17 contribution (versus the alternative system which was next year and delays in the VEP Gearing (x) 1.4 2.0 0.9
1HFY17) from Ping due to higher supposed to have replaced DNeXs and RC contract awards. CIMB Dividend yield (%)* 0.4 1.1 1.1
average crude oil selling prices National Single Window (NSW) Research, Sept 27 Source: Kenanga Research

Consumer sentiments rebounding but still below threshold level

Consumer sector
Maintain neutral: The Malaysian
Institute of Economic Researchs con-
sumer sentiment rebounded from
76.6 points (pts) in the first quar-
ter of 2017 (1Q17) to 80.7 pts in the
2Q17, lending support to a stronger
private consumption growth in the
2Q (+7.1%; 1Q: +6.6%).
We reckon this is mainly due to
the governments initiatives (which
include 1Malaysia Peoples Aid pro-
gramme handouts and cash hand-
outs to about 95,000 eligible Felda
settler families) to assist the low-
er-income group (which has higher
propensity to consume) and help
economic recovery by stimulating
consumer spending. Despite this,
consumer sentiments remained be-
low the threshold of 100.
Despite a stronger pace of con-
sumption recovery in the 2Q17, com-
panies have been cautious in raising
price points given the fragility of con-
sumer sentiments amid the erosion
of purchasing power.
Nestle (M) Bhd shared that a price
increase is a last resort and will at-
tempt to improve profitability with
cost-saving initiatives. Berjaya Food
Bhds (BFood) Kenny Rogers Roast-
ers and OldTown Bhds domestic
food and beverage (F&B) business
have had to implement low-price
menu options. Padini Holdings Bhd
resorted to keep prices of apparel
steady and stomached weaker mar-
gins amid a weak ringgit in order to
increase sales volumes.
A firmer ringgit of RM4.22/USD
from the weakest level of RM4.48/
USD has a mixed effect on the com-
panies under our coverage.
Consumer sector exports (which account for about 65%
of total FMCG sales) is OldTowns
REC PRICE (RM) TP (RM) UPSIDE (%) main growth driver going forward
Nestle Hold 84.60 85.73 1 with Greater China (about 44% of
QL Sell 3.90 3.09 -21 total FMCG sales) expected to grow
by 10% to 15%. Stronger ringgit will re-
Oldtown Hold 2.60 2.75 6
sult in slower growth in ringgit terms.
BFood Hold 1.51 1.55 3 The catalyst would be further
Aeon Hold 2.05 2.07 1 pre-election handouts in the 2018
Brahims Hold 0.58 0.51 -12 budget. We maintain our neutral
Source: HLIB Research stance on the sector. Despite con-
sumer sentiment recovering in the
2Q17, it is still below the threshold
Positive effect: Approximately 40% material costs. Note that BFood had level of 100 and remains fragile amid
of BFoods Starbucks cost of goods raised prices in January 2017 to offset erosion of purchase power.
sold (COGS), such as coffee beans, the higher COGS with only a marginal Currently, consumer stocks are
frappuccino mix, packaging material decline in sales volume. We do not already trading at historical highs,
and so on purchased from Starbucks expect the group to pass on the low- with the Consumer Price Index cur-
Corp (USA) is denominated in the er costs and see a margin expansion rently trading around two standard
US dollars as part of their agreement as a result. deviations above its five-year average
with Starbucks. A stronger ringgit Negative effect : OldTowns price-earnings ratio. Hong Leong
will therefore lower the groups raw fast-moving consumer goods (FMCG) Investment Bank Research, Sept 28
14 B R O K E R S C A L L
VS Industry shows
robust growth
VS Industry Bhd
(Sept 28, RM2.65)
Reaffirm outperform with an
unchanged target price (TP) of
RM2.83: VS Industry Bhds net prof-
it for financial year 2017 (FY17) of
RM156.3 million (up 32.6% year-
on-year [y-o-y]) is its best ever on
record, and was in line with our and
consensus expectations at 99.2%
and 98.1% of full-year estimates
respectively. Growth was robust,
underpinned by a constant rise in
new sales orders, particularly in
its Malaysian operations. We re-
main excited about VS Industrys
prospects and reaffirm our out-
perform call with an unchanged
TP of RM2.83 based on an 18 times
multiple to its 2018 earnings per
share. Three-year compound an-
nual growth rate (FY17 to FY20) is
anticipated at 28%, deeming the
higher multiple justifiable in our
view. A fourth interim single-tier
dividend of one sen was declared,
bringing total dividends for the fi-
nancial year to 5.9 sen, exceeding
our forecast of 5.3 sen.
Revenue for FY17 jumped 50.8%
y-o-y to RM3.28 billion, with equal-
ly strong contributions, percent-
age-wise, coming from its three
operating geographies Malaysia
(+54.0% y-o-y), Indonesia (+53.2%
y-o-y), and China (+42.1% y-o-y).
Management expects a continuing
trend of rising sales orders to sustain
growth going into FY18 and beyond,
optimism we share considering the
growth aspirations of some of its ex-
isting key customers. China remains
a wild card, with the group also re-
portedly on the verge of securing
orders from new customers.
Net profit of RM156.3 million
(+32.6% y-o-y), though higher in
Westports volume expected
to pick up again in 4Q
Westports Holdings Bhd
(Sept 28, RM3.73)
Maintain hold with a target price
of RM3.80: Westports Holdings
Bhds volume for the third quar-
ter of financial year 2017 (3QFY17)
could be weaker quarter-on-quarter
(q-o-q) but the low tax rate might
offset the volume weakness and
result in flattish 3QFY17 earnings.
Detailed studies of Container Ter-
minal 10 (CT10) to CT19 may be
completed in the first half of FY19
(1HFY19) and could provide some
upside to our discounted cash flow
if the expansion is approved by the
government. Our FY17 earnings per
share (EPS) estimate is raised by 5%
as we lower our tax rate assumption.
We think Westports container
volume in 3QFY17 could be softer
q-o-q (2QFY17: 2.23 million 20-foot
equivalent units [TEUs]) because
VS Industry Bhd
FYE JUL (RM MIL) 2016A
Revenue 2,175.6
Gross profit 336.5
Pre-tax profit 141.9
Net profit 117.9
FD EPS (sen) 7.4
FD PER (x) 34.1
FD DPS (sen) 4.0
Dividend yield (%) 1.6
Sources: Company, PublicInvest Research estimates
Management expects
a continuing trend of
rising sales orders to
sustain growth going
into FY18 and beyond.
line with the growth in revenue, was
marred by a RM4 million impairment
charge on its Seeing Machines Ltd
investment and a RM12 million im-
pairment charge on its Indonesian
properties owing to the strengthen-
ing of the US dollar against the ru-
piah since the last valuation done in
2013. Excluding these items, net prof-
it would have been RM169.5 million.
Operating margins weakened some-
what owing to fluctuations in its US
dollar-denominated costs, which we
expect to stabilise and improve going
forward as the group has agreed on a
pricing mechanism with its key cus-
tomers to mitigate this issue.
Box-build assemblies for a ma-
jor customer remain on track to
jump substantially in the coming
financial years. We have recently
highlighted that VS Industry could
trans-shipment volume could be
weaker as United Arab Shipping
Company (UASC) fully moved out
its trans-shipment volume in June
2017 while the new Eastbound ser-
vices from Ocean Alliance only fully
came through in August 2017, and
domestic volume (about 30% of to-
tal volume) could be stronger q-o-q
given the robust import-export trade
but may still not be enough to off-
set the weakness in trans-shipment
volume. Overall, we believe volume
would pick up again in 4QFY17 as
all of Westports customers (ex-CMA
CGM and UASC) are seeing growth,
particularly in the intra-Asia lane.
The detailed studies for CT10 to
CT19 will commence in October 2017
and may take 12 to 18 to complete.
We see a high possibility of the ex-
pansion going through as it requires
zero-to-minimal funding from the
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
Glomac plans RM810m
worth of launches in FY18
Glomac Bhd
(Sept 28, 64 sen)
Downgrade to sell with a target
price of 60 sen: Glomac Bhd start-
ed financial year 2018 (FY18) on a
soft note. Registering a net profit of
RM2.1 million (-67.2% year-on-year
[y-o-y], +64.8% quarter-on-quar-
ter [q-o-q]), Glomacs results were
2017A 2018F 2019F 2020F CAGR (%) significantly below our and con-
3,281.4 4,247.5 4,823.3 5,521.4 26.2 sensus expectations. Net profit for
458.4 650.8 748.7 857.1 26.3
the first quarter of FY18 (1QFY18)
only accounted for 4.6% and 3.6%
223.7 302.1 356.8 420.8 31.2
of our and consensus full-year earn-
156.3 231.6 274.5 324.7 28.8 ings estimates respectively. The
9.8 14.6 17.3 20.4 28.8 variance was largely due to slow-
25.7 17.3 14.6 12.4 er-than-expected progress billings
4.9 5.8 6.9 8.2 and a weaker-than-expected prop-
1.9 2.3 2.7 3.2 erty margin.
Glomac reported a lower reve-
nue of RM97.5 million in 1QFY18
compared with RM251.4 million
also potentially be in the running in 1QFY17. However, we note the
to secure new contracts from one quarters revenue would not have
US-based and one Swiss-based cus- fallen as severely if we adjust-
tomer for its Malaysian operations, ed for gains from a land disposal
potentially bumping up revenue amounting to RM145.6 million
by a further 5% to 10%. Incidental- recognised in 1QFY17. Overall,
ly, the group is already laying the the poor results were attributa-
groundwork for a new manufactur- ble to lower progress billings as
ing facility cum warehouse, which key contributing projects were
could suggest something potential- nearing completion or completed Glomac reported a lower revenue of
ly on hand, though management during the quarter under review RM97.5 million in 1QFY18 compared
stresses this move as a pre-emptive while new sales secured had yet with RM251.4 million in 1QFY17.
one in anticipation of increased to reach significant billing stag-
orders from both existing and new es. In addition, the groups profit
customers. We conservatively ac- before tax margin declined 4.6 lion previously as the launch of
count for this expansion, but only percentage points y-o-y to 7.1% Plaza Kelana Jaya 4 will be de-
from FY20 onwards. Contributions as the bulk of the groups current layed. Meanwhile, management
could kick in as early as FY19, we developments comprised afforda- will continue to focus on landed
reckon, if anything. This aside, we ble housing with lower margins. developments.
are also excited about the prospect Glomac secured new sales of We slash our FY18 to FY20 earn-
of another key customer, Keurig RM20 million in 1QFY18 (-35.5% ings estimates by 12% to 16% after
Inc, which, as we understand, will y-o-y, -90.7% q-o-q). This only revising FY18 to FY20 new sales
be making its first shipment to an accounted for 4% of our sales as- assumptions to RM435 million to
Asian country early next year. While sumptions of RM500 million. The RM670 million from RM500 mil-
hugely popular in the North Ameri- absence of new launches during lion to RM750 million, and FY18
can and European continents, such the quarter was the cause of the to FY20 blended margin assump-
a pervasive coffee-consuming cul- decline. As a result of lower sales, tions to 15.6% to 16% from 16.3%
ture is not yet as prevalent in Asia the groups unbilled sales as at July to 17.1%. Our projected FY18 earn-
as a whole, though it is a matter of 2017 softened to RM488 million ings growth of more than 100% is
time before it (and Keurig) catch- from RM556 million a quarter ago. largely due to a low base effect as
es on significantly. PublicInvest This provided the group with less FY17 results were hit by liquidated
Research, Sept 28 than one year of earnings visibility. ascertained damages payment of
Although there is no official RM25 million for late delivery of
sales target for FY18, manage- its high-rise projects and levy pay-
ment expects better y-o-y perfor- ment of RM18 million to release
mance in view of sizeable pipeline its unsold bumiputera units. Note
launches worth RM810 million that Glomac delivered a net prof-
in FY18 (versus RM290 million it ranging from RM67 million to
launched in FY17). Recall, the RM108 million during the sector
group recorded RM420 million upcycle in FY12 to FY16, hence
sales in FY17. The group has re- we opine that the estimated FY18
vised its new launches lower to to FY20 net profits remain unin-
government. However, there could RM810 million from RM1.02 bil- spiring. TA Securities, Sept 28
be amendments to the plan, such as
the number of container terminals, as
CT17 to CT19 may have an adverse Glomac Bhd
impact on the environment. If the
entire CT10 to CT19 expansion is ap- FYE APRIL (RM MIL) 2016 2017 2018F 2019F 2020F
proved, Westports annual capacity Reported revenue 616.6 581.8 502.4 601.4 690.2
could increase to 30 million TEUs Normalised revenue 616.6 436.2 502.4 601.4 690.2
(from 16 million TEUs post-CT9) in Ebitda 142.5 191.8 80.1 97.4 112.5
the next 15 to 20 years, we estimate. Ebitda margin (%) 23.1 33.0 15.9 16.2 16.3
We raise our FY17 EPS estimate by
5% as we lower our volume growth Reported pre-tax profit 122.4 168.0 55.3 71.3 86.3
assumption in FY17 to a decline of Normalised pre-tax profit 112.4 36.2 55.3 71.3 86.3
9% (from -7%; 1HFY17: -5% year- Reported net profit 81.0 110.4 40.4 52.1 64.7
on-year), and cut our tax rate as- Normalised net profit 73.5 11.6 40.4 52.1 64.7
sumption to 7% in FY17 (from 14%; Normalised EPS (sen) 9.2 1.4 5.0 6.5 8.1
1HFY17: 18%) given the Investment Normalised EPS growth (%) 9.5 (84.2) 248.5 28.9 24.4
Tax Allowance for CT8 and CT9. De- PER (x) 5.8 40.8 11.7 9.1 7.3
spite our volume growth assumption
of 4% for FY18, we project Westports Gross div (sen) 3.6 2.7 2.7 2.7 3.0
EPS to contract 8% in FY18 as we Dividend yield (%) 6.2 4.6 4.6 4.6 5.1
assume its tax rate to rebound to ROE (%) 7.6 1.1 3.7 4.6 5.6
20%. MaybankIB Research, Sept 27 Source: TA Securities
FRIDAY S E P T E MB E R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
Swak to see more progress
PM tells community chiefs from the state that BN has not just made promises
PUTRAJAYA: The federal govern-
ment is committed to further de-
veloping Sarawak, says Prime Min-
ister Datuk Seri Najib Razak, to
maintain the track record of the
Barisan Nasional (BN) in bringing
development to the state, especial-
ly in its interior.
He said Kapit, for example, was
an island on Borneo island ac-
cessible only by water transport
through the Rajang River but it
would soon be accessible by road
when the Kapit-Song-Kanowit-
Sibu Road is ready.
Najib also said that the 2,239km
JITN cant sway
MACC probes,
says Paul Low
PUTRAJAYA: The Department
of National Integrity and Good
Governance (JITN), to be es-
tablished soon, would not
have any power to influence
the Malaysian Anti-Corruption
Commissions (MACC) inves-
tigations, said Minister in the
Prime Ministers Department
Datuk Paul Low Seng Kuang.
Not only the MACC, they
also include the Malaysian
Institute of Integrity, Human
Rights Commission of Malaysia
and the Enforcement Agency
Integrity Commission (SIAP)
because these are all independ-
ent institutions, he said.
Met by reporters after
launching SIAPs Open Day and
the SIAP Strategic Plan 2017-
2022 here yesterday, Low said
the proposed JITN was to lead
the transformational change in
building the institutional ca-
pacity, especially among civil
servants, to initiate and drive
policy changes and to strength-
en government processes.
On Monday, Low said JITN
was being upgraded from
the Integrity and Good Gov-
ernance Division under the
Prime Ministers Department
into a full department.
In a statement on Wednes-
day, Low said the establish-
ment of JITN was being fi-
nalised by the Public Service
Department in consultation
with all the relevant agen-
cies to ensure there was no
duplication in function and
to improve the effective use
of resources and manpower.
Low said the establishment
of JITN was approved by the
cabinet on July 28, in line with
the governments transforma-
tion programme.
Earlier, SIAP chairman Da-
tuk Yaacob Md Sam said in his
speech that the SIAP Strategic
Plan 2017-2022 was SIAPs ef-
fort towards strengthening the
integrity of enforcement agen-
cies and officers. Bernama
Pan-Borneo Highway, connecting
Sarawak with Sabah, was a catalyst
for comprehensive development
in Sarawak.
BN has not just made promises
but has implemented development
and brought changes in Sarawak,
including in the interior, he said
at a reception with Sarawak com-
munity chiefs at Seri Perdana here.
I have approved about RM2 bil-
lion worth of projects for Sarawak
since I became the prime minister.
I am committed to continue
developing Sarawak so that it pro-
gresses to be on par with Peninsu-
FUN WITH FINANCIAL SKILLS ... (From left) Universiti Malaysia Sarawak students Ong Chen Shin, Nur Amanina Che
Uhibbi and Kasniedar Dahrud having a go at the #IDAREYOUChallenge2017 during a nancial literacy programme organised by the Life
Insurance Association of Malaysia at the campus in Kota Samarahan, Sarawak yesterday. Photo by Bernama
Malaysias checkpoints to get Chinas
superfast advanced scanners
BEIJING: Chinas superfast ad-
vanced scanner, that can identify
illicit items inside a moving vessel
in an instant, will make its debut at
Malaysias entry checkpoints soon.
The intelligent machine was
developed by the public security
ministry of China and it is used at
the countrys airports and ports.
China has agreed in principle
on the matter, said Deputy Prime
Minister Datuk Seri Dr Ahmad Za-
hid Hamidi, who was on a three-
day working visit to China, which
ended on Wednesday.
He said the acquisition of the
highly sophisticated scanners was
part of the home ministrys initiatives
to upgrade the nations scanning
Kapit will soon be
accessible by road
when the Kapit-Song-
Kanowit-Sibu Road
is ready.
lar Malaysia. I am not promising
something but the facts speak for
themselves, he said to applause
from the chiefs at the meeting.
About 160 community chiefs
from the Kanowit, Kapit and Hulu
capability to combat international
transborder crime more effectively.
Other than scanners, China has
also agreed to provide equipment
to Malaysias counter-messaging
centre, which is mainly focused on
tracking online terrorism messages.
Security cooperation in combat-
ing terrorism and transborder crime
has been Ahmad Zahids main con-
cern, and is not limited to China
but also extends to the international
community, particularly Interpol.
During his visit to China, the
deputy prime minister also attend-
ed the opening ceremony of the
86th Interpol General Assembly
and met several of Chinas leaders.
Ahmad Zahid, who is also home
Rajang parliamentary constituen-
cies, led by Sarawak Deputy Chief
Minister Tan Sri James Jemut Mas-
ing, met Najib at his official resi-
dence at Seri Perdana.
At the event, the community
chiefs expressed their support for
and confidence in the BN govern-
ment, saying it had brought much
development to the Land of the
Hornbills.
Masing expressed his apprecia-
tion of the prime minister for having
brought development to Sarawak,
especially in the Hulu Rajang, Ka-
pit and Kanowit areas. Bernama
minister, had expressed that the po-
licing function of Interpol should be
enhanced through information shar-
ing among its 158 member states,
providing continuous training for 12
million policemen worldwide and
keeping abreast of technology in or-
der to make the world a safer place.
Among the leaders Ahmad Zahid
met with were the secretary of the
Central Political and Legal Affairs
Commission, Communist Party of
China, Meng Jianzhu and China Pub-
lic Security Minister Guo Shengkun.
He also expressed Malaysias
concern about the need for inter-
national humanitarian assistance
for the Rohingya who fled to Bang-
ladesh from Myanmar. Bernama
H O M E 15
IN BRIEF
Dr M takes misfeasance
suit against Najib to
Federal Court
PUTRAJAYA: Former prime
minister Tun Dr Mahathir Mo-
hamad and two others have
filed an application to ask the
Federal Court to rule wheth-
er Prime Minister Datuk Seri
Najib Razak is exempted from
being sued over alleged misfea-
sance in public office. Mahathir,
chairman of opposition Parti
Pribumi Bersatu Malaysia, and
former Umno members Datuk
Khairuddin Abu Hassan and
Anina Saadudin, are seeking
leave from the apex court to
appeal against the decision of
the Court of Appeal on Aug 30
to dismiss their action, news
sites reported. Their lawyer, Mo-
hamed Haniff Khatri Abdulla,
filed the leave application at the
Federal Court registry yesterday.
PM: Take laundrette
operators apology in the
right spirit
PUTRAJAYA: The action of a
laundrette operator in Muar in
apologising and withdrawing
a decision to offer the laun-
dry service only to Muslims
should be well-received, said
Prime Minister Datuk Seri Na-
jib Razak. He said there was
a basis of the concern of the
Sultan of Johor that the entre-
preneurs action would lead to
a narrow image of Islam, con-
trary to the countrys desire to
nurture a united, harmonious,
moderate and tolerant society.
The government will remain
committed to upholding true
Islamic teachings while pro-
tecting the interests of other
communities as demanded of
Islam, he said in a statement
yesterday. Bernama
Two teenagers charged
with murder of 23 at
religious school
KUALA LUMPUR: Two teenage
boys were charged yesterday in
the Magistrates Court here with
the murder of 21 students and
two teachers of a religious res-
idential school here two weeks
ago. No plea was recorded from
the boys, both aged 16, because
murder cases come under the
jurisdiction of the High Court.
They were charged under Sec-
tion 302 of the Penal Code,
read together with Section 34,
which provides for the man-
datory death sentence upon
conviction. Bernama
RM7m grants for farmers,
breeders, shermen
SERDANG: Prime Minister Da-
tuk Seri Najib Razak announced
one-off grants of RM30,000 for
every Area Farmers Organisa-
tion and Area Fishermens Or-
ganisation. The grants, totalling
RM7 million, would benefit one
million farmers, breeders and
fishermen who were members
of these organisations, he said
when launching the National
Farmers, Breeders and Fisher-
mens Day 2017 and Malaysia
Food Festival at the Malaysia
Agro Exposition Park Serdang
yesterday. Bernama
16 FO CU S FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY

High-yield dividend-paying ETF

The criteria each ETF uses to select its constituents are unique to its objectives
BY SH ARA N YA PI L L A I Dividend Opportunities Index, includes only

D
ividend-focused exchange-trad-
ed funds have long been popu-
lar among investors in the US.
These ETFs tend to have higher
dividend yields as well as regu-
lar distributions, making them
popular among retirees and those seeking an
income addition to their portfolios.
Such ETFs have not gained as much trac-
tion among Singapore investors, says Grand-
tag Financial Consultancy CEO Ben Fok. But
this could change as more of such products
are rolled out. This past year, there were two
new offerings for investors. Last October,
Phillip Capital Management launched the
Phillip SGX Asia-Pacific Dividend Leaders
REIT ETF. This was the first real estate in-
vestment trust ETF to list on the bourse. In
May, Thailand-based One Asset Management
made its maiden foray into Singapore with a
smart-beta ETF: the One STOXX Asean Select
Dividend Index Fund.
Both ETFs join two others that have been
listed on the Singapore Exchange for some
time: Deutsche Asset Managements db
x-trackers STOXX Global Select Dividend
100 UCITS ETF, which was listed in 2010; and
the CIMB S&P Ethical Asia Pacific Dividend
ETF, which was listed in 2012.
The db x-trackers ETF is synthetic and
classified as a Specified Investment Product,
which means it can be bought and traded only
by those who pass a customer knowledge as-
sessment. The others are physical ETFs clas-
sified as Excluded Investment Products, and
are accessible to all retail investors.
According to Bloomberg data, the CIMB
ETF has the highest one-year annualised
return of 24.9%. But the db x-trackers ETF
has produced higher three- and five-year re-
turns of 3.6% and 6.9%, respectively, outper-
forming both the CIMB ETF and the Straits
Times Index.
Past performance is not, of course, a pre-
dictor of future returns. Meanwhile, the Phillip
and One ETFs do not have sufficient historical
data for comparisons of returns to be made.
So, how should investors decide which divi-
dend ETF to put their money into? Financial
advisers who spoke to The Edge Singapore
recommend looking at how the ETF selects
its constituents, as well as the method it uses
to replicate the index it tracks.
Screening for yields and more
Not all dividend ETFs define high-yielding
securities in the same way. Some ETFs place
a general emphasis on stocks with the po-
tential for both dividend yield and capital
growth. But Victor Wong, director of wealth
management at Financial Alliance, says oth-
ers come with more specific criteria and are
Fok notes that ETFs that screen for companies with
a certain valuation or trade volume can better
ensure liquidity and reduce volatility.
well worth paying attention to.
The db x-trackers ETF, for instance, is
based on the STOXX Global Select Div-
idend 100 index. The index screens for
stocks that have a non-negative historical
five-year dividend-per-share growth rate.
This criterion first aims to select stocks that
are able to increase their dividend payout
over the longer run, says Marco Montanari,
Asia-Pacific head of passive asset manage-
ment at Deutsche Asset Management. After
meeting this criterion, companies are then
ranked and selected for the highest yields
based on STOXXs methodology.
Investors buying the ETF aim to gain ex-
posure to dividend-yielding companies, and
this index criterion helps direct the selection
towards such company exposure, he adds.
Screening for historical growth in dividend
payouts can serve investors well, Wong says.
Yield on its own is not enough; the growth
in yield should be stable, he explains. Most
people would also want the dividend payouts
to be in line with inflation.
Screening for dividend growth has tend-
ed to limit the downside for investors in the
US-listed ProShares S&P 500 Dividend Aristo-
crats ETF too. This ETF tracks an equal-weight-
ed index of 50 Standard & Poors 500 con-
stituents that have increased their dividend
payments annually for at least 25 years. In a
Sept 7 report, Phillip Securities analyst Ho
Kang Wei notes that over the last two major
market crises, the ETF fell significantly less
than the S&P 500 index, recovered faster
and continued paying out ever-increasing
dividends.
Some ETFs also have additional criteria to
stocks that have less than 5% revenue expo-
sure to tobacco, alcohol, gaming and pork.
The 40 stocks in the Pan Asian region with
the highest dividend yields that meet this
requirement are then included in the index
and replicated in the fund.
Meanwhile, the Phillip REIT ETF was cre-
ated for investors seeking stable payouts from
REITs, says Tan Teck Leng, a senior fund man-
ager with Phillip Capital Management. The
ETF has a high representation of Asia-Pacific
ex-Japan REITs, which Tan says offer compar-
atively higher dividend yields than those in
the US and UK. Its constituents are weighted
by the dividend payout of the REITs.
The current low interest rate environment
warrants that investors seek yield from instru-
ments other than bonds. We think REITs are a
good alternative to high-yield bonds, with an
easy-to-understand business model, coupled
Tan: REITs are a good alternative to high-yield
with regular dividend payments, Tan says.
bonds, with an easy-to-understand business model,
The criteria each ETF uses to select its con-
coupled with regular dividend payments
stituents are ultimately unique to the funds
objectives and cannot be directly compared
against one another, Wong says. Investors will
ensure the growth potential of the companies need to reflect on what their priorities are and
they invest in. The index that the db x-track- how much risk they are willing to take on.
ers ETF tracks further limits its constituent
stocks to those that have a dividend-to-earn- Physical or synthetic: Understanding the
ings per share ratio not exceeding 60% or risks
80%, depending on the region. Similarly, the A potential pitfall of dividend ETFs is that
One ETF does not include stocks that have a in seeking higher yields, investors may in-
dividend payout ratio above 80%. advertently take on more risk. Wong says it
This is a sound strategy that can ensure therefore pays to closely examine the struc-
that the company is not paying out more ture and replication methods of each ETF.
than it can earn in the short term, Wong says. Of the four dividend ETFs, the db x-track-
It should also make for more sustainable ers ETF is perhaps the most complex product.
dividend payouts in the future. This could The ETF aims to reflect the performance of
be especially important for a fund such as its reference index through synthetic rep-
the One ETF, which is banking on the Asean lication, says Deutsche AMs Montanari.
growth story. The fund tracks and fully rep- According to the funds prospectus, it may
licates the STOXX Asean Select Dividend 30 enter into unfunded swaps with approved
Index, composed of stocks listed in Malaysia, swap counterparties. Its depository is State
Singapore, Indonesia, Thailand, the Philip- Street Bank Luxembourg.
pines and Vietnam. All the constituents are While the structure may be sound,
equally weighted. synthetic ETFs expose investors to greater
Beyond yields, Grandtags Fok notes that counterparty risks. This could be especially
ETFs that screen for companies with a certain risky in the event of unexpected financial
valuation or trade volume can better ensure calamities such as the 2008 subprime crisis,
liquidity and reduce volatility. The STOXX Wong says. If theres a choice between phys-
Asean Select Dividend 30 Index is limited ical and synthetic, I would say maybe go for
to stocks with a three-month average daily physical, because its less complex and can
trading volume above US$2 million (RM8.46 give you more peace of mind. For markets
million). The Phillip REIT ETF, which tracks that are hard to access, such as emerging and
the SGX APAC ex Japan Dividend Leaders frontier markets, a synthetic ETF may be your
REIT Index, allows only for constituents with only choice. But if you want global exposure,
a minimum free-float market capitalisation its simpler to choose a physical ETF, he says.
of US$300 million. Currency risk is another factor that inves-
Then, there are other screening tests that tors should look out for when putting their
may be significant to certain groups of inves- money in overseas ETFs. Says Wong: Every
tors. The CIMB ETF, for one, was specially time you put money outside Singapore, you
designed for the ethical investor. The fund, must think whether foreign exchange rates
which tracks the S&P Ethical Pan Asia Select will wipe out the gain. To hedge against cur-

Top 10 constituents of the SGX APAC ex Japan Top 10 constituents of the STOXX
Dividend Leaders REIT Index SOURCE: BLOOMBERG
Global Select Dividend 100 Index
NAME WHERE IT IS PRICE MARKET CAP INDICATED WEIGHT (%) NAME WHERE IT IS PRICE MARKET CAP INDICATED WEIGHT (%)
LISTED AS AT DIVIDEND LISTED AS AT DIVIDEND
SEPT 21 YIELD (%) SEPT 21 YIELD (%)
Link REIT Hong Kong HK$63.65 HK$140.11 bil 3.59 10.58 Royal Dutch Shell Class B London 2,165.00p 181.83 bil 6.73 1.92
Scentre Group Australia A$3.93 A$20.92 bil 5.79 8.04 EasyJet London 1,214.00p 4.85 bil 4.45 1.91
Stockland Australia A$4.25 A$10.35 bil 6.00 7.32 Li & Fung Hong Kong HK$3.72 HK$3.51 bil 6.18 1.89
Westfield Corp Australia A$7.45 A$15.48 bil 4.37 7.13 CapitaLand Mall Trust Singapore S$2.05 S$7.27 bil 5.37 1.72
Goodman Group Australia A$8.01 A$14.42 bil 3.23 5.55 Fortum Finland 16.10 14.44 bil 6.77 1.62
Vicinity Centres Australia A$2.65 A$10.42 bil 6.53 5.43 Ascendas REIT Singapore S$2.66 S$7.68 bil 6.25 1.60
Mirvac Group Australia A$2.25 A$8.35 bil 4.62 5.23 Suntec REIT Singapore S$1.86 S$4.93 bil 5.36 1.58
Ascendas REIT Singapore S$2.66 S$7.68 bil 6.25 4.72 National Australia Bank Australia A$31.00 A$83.25 bil 9.12 1.57
The GPT Group Australia A$4.88 A$8.79 bil 4.96 4.52 Bendigo Bank Australia A$11.50 A$5.51 bil 8.45 1.56
CapitaLand Mall Trust Singapore S$2.05 S$7.27 bil 5.37 3.73 Snam Rete Gas Italy 4.16 14.56 bil 5.06 1.52
FRIDAY S E P T E MBE R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
FO CU S 17

To hedge against currency risks, it helps Top 10 constituents of the STOXX Asean
Select Dividend 30 Index
to look at an ETFs hedging policy NAME WHERE IT IS
LISTED
PRICE
AS AT
SEPT 21
MARKET CAP INDICATED
DIVIDEND
YIELD (%)
Venture Corp Singapore S$17.10 S$4.84 mil 2.92
rency risks, it helps to look at an ETFs hedging that different investors will have different Hoa Phat Group JSC Vietnam VND37,500 VND56,885.3 bil NA
policy. The One fund, for instance, may use priorities, with some optimistic about the AMMB Holdings Malaysia RM4.50 RM13.56 bil 3.91
derivatives to hedge against currency risk. rise of Asean and others opting for global Malayan Banking Malaysia RM9.85 RM104.06 bil 5.58
It also helps to be aware of whether the exposure instead. Semen Indonesia Persero Tbk Indonesia IDR10,100.00 IDR59.9 tril 3.02
ETF does securities lending. The Phillip REIT Dividend-paying securities are generally Gudang Garam Tbk Indonesia IDR68,950.00 IDR132.67 tril 3.77
ETF, for instance, may lend securities or en- popular with Singaporeans, which suggests Hoa Sen Group Vietnam VND29,350 VND10,272.4 bil 1.95
gage in repurchase transactions as part of that dividend ETFs may eventually catch Westports Holdings Malaysia RM3.77 RM12.89 bil 3.47
its portfolio management strategy, although on. Wong predicts that this asset class may Bank Pembangunan Daerah Jawa Barat dan Banten Indonesia IDR2,570 IDR24,919.5 bil 3.46
such moves will be limited to 50% of the net also come to be seen as a safe haven during DMCI Holdings Philippines PHP15.88 PHP210.85 bil 1.51
asset value of the fund. downturns. When the market is going up, its
While securities lending comes with extra easier to make money through country- or
risks, Fok says it can also enhance investors sector-based ETFs. But when the market is Top 10 constituents of the CIMB S&P
returns while reducing management fees. coming down or a bit more volatile, perhaps Ethical Asia Pacific Dividend ETF
That is why some low-fee ETFs can beat their dividend-focused ETFs would be the theme NAME WHERE IT IS PRICE MARKET CAP INDICATED WEIGHT (%)
benchmarks, he says. On the flip side, if the of the day, he says. LISTED AS AT DIVIDEND
SEPT 21 YIELD (%)
ETF holds stocks that are hard to borrow, that Dividend ETFs may also become pop-
may attract higher lending fees while erod- ular with an ageing population, as people S-Oil Corp South Korea KRW122,000.00 KRW13.7 tril 5.66 5.20
ing your return. add high-yielding funds to build a retire- Vicinity Centres Australia A$2.65 A$10.42 bil 6.53 3.77
Overall, Wong says investors should be ment portfolio. For this trend to eventually CapitaLand Mall Trust Singapore S$2.05 S$7.27 bil 5.37 3.46
keenly aware of their risk appetite and in- take shape, however, Wong reckons that we Lenovo Group Hong Kong HK$4.19 HK$46.55 bil 6.32 3.25
vest accordingly. He believes REIT ETFs may have to wait for more dividend ETFs to China Petroleum & Chemical Hong Kong HK$5.90 HK$811.61 bil 5.34 3.19
are well positioned to pay out regular divi- be listed on the SGX, giving investors more Ascendas REIT Singapore S$2.66 S$7.68 bil 6.25 3.14
dends. REITs have to pay out 90% of their options to choose from. Telstra Corp Australia A$3.55 A$42.22 bil 12.47 3.14
profits as dividends, so the certainty of the Ultimately, its a chicken-and-egg sce- PCCW Hong Kong HK$4.25 HK$32.81 bil 6.76 3.12
yield will be greater. Those who really want nario, he says. We need more choices for ComfortDelGro Corp Singapore S$1.97 S$4.25 bil 5.29 3.11
to go for dividend [payouts] will naturally there to be more interest in dividend ETFs. Singapore Airlines Singapore S$10.13 S$11.98 bil 1.97 3.04
go for a REIT ETF. But he acknowledges The Edge Singapore

CashShield automates fight against fraud

BY BENJAMIN CHER
WHEN Justin Lie started a business selling
gaming-related accessories and consoles on
eBay 20 years ago, the online auction portal
was relatively new and only just beginning
to go global. I was around 15 to 16 years
old, Lie says. It was a perfect world no
issues with fraud or chargebacks. The lat-
ter happen when credit card issuers return
disputed funds to a consumer and ask re-
tailers to pay for it.
But after one or two years in the business,
Lie began experiencing difficulties. There
was a surge of keyloggers, interception of
PayPal user credentials and stolen credit
cards, he says. Keyloggers are software that
surreptitiously record passwords. Banks be-
gan asking Lie for money to return to their
defrauded customers, which got him thinking
about ways to catch such fraud in real time.
Starting with variables he keyed into a
spreadsheet, Lie eventually devised a set of
algorithms to detect fraud. While at first he
used these algorithms for his e-commerce
business, he has since decided it would
be more worthwhile to sell the software to
businesses instead. His solution is already
in use at several large enterprises, and he
is planning on expanding his companys
presence in the US.
Founded in 2008, Lies company
CashShield offers a cloud-based programme
that combines algorithms, biometrics and
real-time pattern recognition to detect or
prevent online fraud. CashShield gathers
a variety of data points, from screen reso-
lution to the number of tabs in a browser
that are open.
We even know if you have addition-
al browsers open or if you are logged into
Facebook, Pinterest, etc. This is interesting
as these [provide] clues about you. For ex-
ample, if you are a hacker committing crimes
with 10,000 stolen credit cards, you wouldnt
be logged into Facebook or your other so-
cial media accounts. We use these clues to
differentiate the patterns of good behaviour
and bad behaviour, says Lie.
On smartphones, CashShield can detect
swipes across the screen, typing speeds and
pressure points when clicking into specific
actions. These can provide clues as to wheth-
er a person may be trying to execute repeti- antee that guarantee, to make it foolproof. the industry or CashShields model. A lot
tive actions to attack a website, for instance. Since then, CashShield has grown grad- of the time when we spoke to [VCs], it was
ually. It is only in the past two years that the always, Why dont you expand to Indone-
Challenges of a B2B Singapore start-up company has seen more traction, Lie adds. sia? But in the first place, Indonesia doesnt
Back in 2008, the Singapore e-commerce Imagine six to seven years ago, approaching have a high credit card penetration rate, so it
market was still small, so Lie had to set his large enterprises and saying, Heres a solu- doesnt make sense [to go there]. This kind
sights abroad. If we had focused on the tion to help you detect fraud powered fully of mentality of looking at us as regional is
Singapore market, we would not be here by machines. They will give you that look a huge problem, as our business is global.
today, he says. Because of that, it helped they dont trust you. The reason why we CashShield currently has clients in the
us survive for eight years until we found our got more traction in the last two years was US, Europe and Asia, and wanted to avoid
traction. Everything you build, if you want the hype around artificial intelligence and being restricted by accepting the wrong
to go global, you have to go out there to the machine learning, he says. money. Lie says this round of fundraising
biggest markets in the world. was more about getting strategic investors.
Lie started out marketing his technology Expansion plans and raising funds GGV Capital, for instance, was among the
in Europe, where he says telcos were strug- CashShield is now looking to enter the US early investors in Alibaba Group Holding.
gling with the use of stolen credit cards to and has opened a new office in Menlo Park, Razer CEO Tan Min-Liang and Fadell are
top up prepaid mobile accounts. They had California. This office joins the start-ups four well respected in their industries, Lie adds.
been hard hit by fraud, losing 7% to 8% of other offices, in Singapore, Berlin, Jakarta Besides expanding into the US, Lie sees
revenue to such fraud. They even have issues and Shanghai. the potential for CashShield to play a bigger
with terrorist-funded activities with prepaid We have done enough research that our part in the national security of Singapore.
top-up [transactions], he says. solution is able to compete globally, even The start-up has been accredited by the
Early on, Lie managed to arrange meet- from Singapore, says Lie. We want to speak Infocomm Media Development Authoritys
ings with two European telcos. He eventually to Uber, Amazon.com, Airbnb all the big Accreditation@IMDA programme, which
secured a contract, but not before jumping players in the world. helps local companies get government work.
through some hoops. At the time, Singapore To fund its expansion, CashShield recent- Lie says CashShield is particularly relevant
was not a great place for a high-tech cyber- ly raised US$5.5 million (RM23.16 million) to SingPass, an online ID for access to gov-
security start-up. Lie had to incorporate a at an undisclosed valuation. This Series A ernment websites. Our technology serves
Swiss company and park CashShields tech- round saw participation from investors such as an invisible security at work 24/7. If you
nology there in order to convince European as Tony Fadell, the designer who led the iPod look at SingPass, the recent focus has shifted
telcos to sign a contract with him. CashShield team at Apple; gaming device brand Razer; to authentication such as 2FA (two-factor
also pitched a 100% chargeback guarantee and venture capital (VC) firms Heliconia authentication), which has created a lot of
in exchange for 1.5% to 2% of customers Capital Management, Stream Global and problems with user experience. Most 2FA
gross
oss merchandise value. GGV Capital. This is the first time C CashShield systems require a user to key in a password
People often [thought] we were is raising capital since its inc inception in and a number sent via text message to a
from
om China, Lie recalls. It was 2008. Lie had bootstrapped
bootstra his phone, which can create difficulties. For
tough,
ugh, and in order to bridge the start-up, funding it wit with his own example, if you are residing overseas as a
branding
anding gap, I had to incorpo- money and subsequently
subseque with Singaporean, you cant authenticate your-
rate
te a Swiss company to brand cash generated from o operations. self. Recently, one of our colleagues lost his
thee tech to sell to the Europe- Of course we were wer offered phone and went to the police to report it.
ans.
ns. Then we got to the second money before, but we didnt d take But the police said he could only report it
issue:
sue: They wanted to see our it, he says. He found tthat many after receiving the SMS, says Lie.
financial statements, saying: As VCs did not really understand
un Over time, Lie also wants to add risk man-
a start-up,
tart-up, how can you guarantee agement to CashShields portfolio and is
myy downside? So, to bridge that, I looking to emulate software giants such as
had d to knock on the doors of Lie: We have done enough SAP and Oracle. We want to expand our
a few banks in Germa- research that our product line to cater for everything to do
ny,
y, like Commerzbank solution is able to with risk management in general, he says.
and
nd Deutsche Bank. compete globally, Not just fraud protection for credit cards
And
nd eventually, one even from or account takeovers, but also risk man-
of them was willing Singapore. Photo agement products like database protection,
to enter a partnership by Albert credit ratings and such. We want to build
with
th us, so we got a Chua/The Edge an ecosystem within that as well. The
guarantee
arantee to guar- Singapore Edge Singapore
18 C O M M E N T FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY

Sign of tech battles to come

Ubers London fight is due to the aggressive lobbying of politicians
BY PET E R A PPS governments and the tech firms they
believe have become too power-
ful and contemptuous of rules and
democratic authority. Uber and its
Getting too close to tech firms now atively autocratic countries such ness model on working around, if
brings its own political dangers. US as Russia, China and those in the not entirely flouting, pre-existing
think tanks that happily embraced Middle East, where those in author- local regulations.
funding from Google now find them- ity have long felt threatened by the The London Uber decision is not

I
f there has been one com-
mon thread running through
almost every industry in the
last decade, it has been how
a handful of tech firms have
revolutionised how the world
does business. There is Google for
accessing information; Twitter for
sharing opinion and news; Face-
book for interacting with friends;
Amazon for shopping, Airbnb for
places to stay and Uber for getting
around.
Until relatively recently, most
consumers and governments took
this as a positive trend. While there
were disputes over individual and
limited issues not least the com-
panies unwillingness to pay tax
or comply with requests from lo-
cal regulators they usually were
seen as good for the economy and
job opportunities. With their slick
lobbying and PR operations, the
tech entrepreneurs of Silicon Val-
ley were courted by politicians and
civil society alike.
Wider backlash
That is changing. The decision by
London authorities to strip Uber of
its licence to operate in the British
capital is part of a wider backlash
in a rapidly escalating war between
biggest rival Lyft were ejected from
the Texas capital of Austin last year for
refusing to fingerprint their drivers.
Other cities are clearly watching
carefully. New Yorks city regulators
said on Monday they were looking
at their own probe into Uber, look-
ing specifically at its impact on the
citys own yellow cab sector.
Political perceptions of these
tech firms are changing too. After
the so-called Arab Spring, many
Western governments and the
Obama administration in particular
openly praised the tech firms as
being a positive global influence,
helping democratise the world.
That assumption unravelled as
the same platforms later fuelled the
rise of far right parties in Europe
and the Trump presidential cam-
paign. Under Congressional pres-
sure, Facebook voluntarily turned
over details of 3,000 election-relat-
ed ads that appeared to have been
paid for by Russia-linked buyers.
Such scrutiny may only be the
beginning. Increasingly, firms such
as Facebook and Twitter are be-
ing blamed for seismic changes
in Western political systems, ac-
cused of allowing themselves to
be hijacked by automatic bots and
hardliners to radicalise politics and
often spread extremism.
selves criticised for it, accused of quick and easy access they offer to that the firm will necessarily be ul-
reining in any debate critical of the information. Sometimes, the tech timately banned from the streets, as
company and its counterparts. companies have found themselves it will continue to operate pending
blocked outright. an appeal. The most likely scenario
Increasing blame Increasingly, the perception has is that the firm and regulators reach
Instead of spreading opportunity, become that many of these firms a deal although that could be a
such firms are increasingly blamed are simply willing to push their luck difficult process.
for killing jobs. Amazons success is to see what they can get away with. Early signs are that the firm is
at the heart of what trade analysts indeed willing to compromise. On
refer to as the retail apocalypse, Protecting user data Monday, its chief executive officer
the shutting of growing numbers of Technology firms do have a difficult sent London authorities a contrite
stores across the US and beyond. balance to strike. Google, Apple and letter saying that the firm realised
Uber has proved toxic to more tight- others have long made a virtue of it had to change. Mayor Khan wel-
ly controlled taxi industries. The protecting user data against what comed the statement, saying he
drivers of Londons famous black they see as overly intrusive requests favoured talks to resolve the issue.
cabs have been particularly hard for access by authorities. In some What Khan a fast-rising star
hit, and their aggressive lobbying areas, the rights and wrongs are ar- within the opposition Labour Par-
of politicians is seen as one of the guable. In others, however such ty has demonstrated is that the
key factors behind London mayor as the payment of tax govern- firm can only operate if authorities
Sadiq Khans decision to suspend ments and campaigners believe allow it to do so. It is fundamentally
Ubers operating licence. the issues are much more clear-cut. replaceable indeed, there have
The decision proved immediate- In many respects, Uber and already been suggestions that a
ly contentious. For all the criticisms Airbnb are seen among the most quickly-formed rival with better
of Uber, it has slashed transport egregious examples of companies employment and safety practices
costs for its users. It has also pro- that have seriously and deliber- might take its place.
vided opportunities for hundreds ately pushed the limits of what is Giant tech firms are unlikely to
of thousands around the world. An strictly legal. While Londons al- go away. But neither are national or
Uber-launched petition to reverse ready more stringent taxi regula- local governments, democratically
the London ban quickly notched tion means Uber needs a licence, elected or otherwise. With a host
up 600,000 signatures. in many other cities both it and its of new technologies coming down
For the firms themselves, this is a drivers operate outside the con- the line self-driving cars, auto-
familiar dynamic. Facebook, Google ventional taxi licensing system. matic shops, artificial intelligence
and Twitter in particular have been Airbnb lets out rooms in cities that many controlled by the same
tangling with national governments explicitly ban short-term rentals. companies, these fights are only
since they began operating in rel- Both have based their entire busi- going to get bloodier. Reuters

Germanys economic road ahead

BY C L EMENS FU EST
THE next German government will
face economic-policy challenges
in five key areas: digitalisation and
automation, demographic change,
globalisation, climate change and
European integration.
With respect to digitalisation,
Germany tends to fluctuate be-
tween excessive enthusiasm for
expanding fibre-optic networks and
fear of the impact of new, largely
unregulated business models, such
as those underpinning avatars of
the sharing economy like Uber
and Airbnb.
But German policymakers must
not respond to such sentiments with
knee-jerk reactions. Rolling out a na-
tionwide fibre-optic network, rather
than simply servicing the locales that
are most in need, would be both ex-
pensive and inefficient. And politi-
cians should focus their regulatory
efforts on ensuring that sensible
digital business models and private
investment are not obstructed.
With digitalisation also comes
automation and robotisation, which
many fear will lead to job losses.
But such a response would be
a terrible mistake. Instead of mak-
ing a large swath of the population
dependent on transfers earned by
others, Germanys leaders should
ensure that all workers receive the
training needed to pursue oppor-
tunities in the labour market of
the future.
As it happens, Germanys ageing
population and declining workforce
will create labour shortages in the
years ahead. But instead of seizing
the opportunity in front of them,
German policymakers have been
busy worrying about the elimina-
tion of skilled labour altogether.
These fears make no sense. In 1900,
38% of the labour force in Germa-
ny worked in agriculture; in 2000,
only 2% did. And yet the full-scale
automation of agriculture did not
lead to mass unemployment.
In the recent federal election
campaign, both of Germanys main
political parties ruled out proposals
to raise the retirement age to 70,
even though there are good reasons
for doing precisely that.
Raising the retirement age
to shore up a statutory pension
scheme is often denounced as un-
fair, because people with physically
demanding jobs, such as nurses
and manual labourers, cannot be
expected to work until they are 70.
But that is a problem that should
be addressed through higher wages
and disability insurance, not with
pension insurance. And besides,
early retirement can still be made
an option, as long as it is marked
down accordingly.
Globalisation whether it takes
the form of migration or flows of
trade, capital, and data poses
an equally large challenge, even
though it has been a boon to Ger-
many in recent decades.
Growing cross-border mobili-
ty has put Germany under severe
competitive pressure. Germany
wants to attract companies and
investment, but it also wants to
create as many high-paying jobs
as possible. Germany thus benefits
from immigrants with above-aver-
age qualifications, because they will
earn enough to pay more in taxes
than they receive in state benefits.
To bring in capital and high-skill
immigrants, Germany needs to
keep taxes low. But this limits its
ability to use taxation as a mech-
anism for redistribution.
For now, Germany can still fi-
nance its welfare state. But with
such a globalised economy, it can-
not count on subsidies funded by
general tax revenues to offset fu-
ture shortfalls in its social-secu-
rity system.
To remain competitive, Germa-
ny needs to change how it taxes in-
vestment and innovation. French
President Emmanuel Macrons gov-
ernment has announced plans to
abolish Frances wealth tax and sig-
nificantly reduce its corporate-tax
rate. The governments of Sweden,
the UK, and the US have also an-
nounced plans to cut taxes.
The German government,
whether it likes it or not, cannot
escape the effects of global tax
competition. But as it looks for
ways to improve its tax regime, it
must not allow certain sectors
not least those with heavily digital-
ised business models to evade
taxation entirely.
Climate change is another facet
of globalisation, because here, too,
there is nothing that Germany can
do by itself to halt global warming.
Rather, the government must work
with its European partners to forge
global climate agreements, while
enacting measures to mitigate the
effects of climate change at home.
But as Germany pursues its emis-
sions reductions, it should keep an
eye on cost-effectiveness, because
no climate agenda can succeed
without social acceptance.
Viewed from this perspective,
selective interventions, such as a
proposed ban on internal combus-
tion engines after 2030, would thus
be counterproductive. A far better
approach would be to include road
traffic in the emissions-metering
system under the Paris climate
agreement, because this would
allow emissions cuts to be made
at the lowest possible cost.
The last major challenge for Ger-
manys next government is its poli-
cy toward Europe. Germany needs
the EU to surmount its current cri-
sis, deepen the internal market,
and develop a common defence
and security policy, so that it can
reap the benefits of European in-
tegration. Joint arms procurement
and closer operational cooperation
would yield significant efficiency
gains, and reduce the burden on
EU member states budgets.
Moreover, the European Mon-
etary Union is in desperate need
of reform. Instead of waiting for
the next crisis to erupt, Germany
should see to it that European banks
hold fewer domestic government
bonds. In cases where individual
member states have incurred too
much debt, private creditors
not taxpayers of other countries
should bear the burden of debt
restructuring. Project Syndicate
Clemens Fuest is president of the Ifo
Institute and professor of economics
at the University of Munich.
FRIDAY S E P T E MB E R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
Electric vehicles
draw growing
list of converts
but lack killer
spark for now
BY A N TO NY C U RRI E
NEW YORK: Add BHP Billiton
and vacuum-cleaner maker Dy-
son to the list of converts to the
electric-vehicle revolution. Ar-
noud Balhuizen, chief commer-
cial officer at the worlds largest
miner, told Reuters on Tuesday
that battery-powered cars will
reach a tipping point this year.
On the same day, James Dyson
said his firm has had some 400
engineers building one for more
than two years and expects to
have a model in production by
2020. With Tesla, Volvo, Gen-
eral Motors (GM), Volkswagen
and others all launching or an-
nouncing new electric vehicles,
it may sound like the internal
combustion engine is heading
for the scrapyard.
Theres willingness to switch
to electric vehicles. Deutsche
Post, Unilever and IKEA were
among 10 large enterprises that
committed last week to ditch gas
guzzlers for battery-powered
ones but only by 2030. Even
Balhuizen reckons itll take until
2035 to have 140 million electric
autos on the roads compared
with at most two million today.
Cost is a major problem. Cars
powered by batteries are up to
US$20,000 (RM84,600) more
expensive than gas-propelled
ones, according to Evercore ISI.
A driver of the GM Bolt, for ex-
ample, could save US$300 a year
on fuel. That means itd take at
least 30 years to cover the extra
outlay, estimate the banks ana-
lysts almost three times longer
than the average American car
stays in service. Over time, those
costs will come down, though
increased demand is already
pushing up the price of key raw
materials like lithium and copper.
The rise of autonomous driving
may change the economics. If a
carmaker, for example, were to
run a fleet of self-driving taxis,
it could rake in multiples of the
average US$35,000 or so in rev-
enue it currently gets from just
selling the car.
Trouble is, that remains years
off. And there are other chal-
lenges. Access to some metals is
far from secure: Around half of
the current supply and estimat-
ed reserves of cobalt are in the
Democratic Republic of Congo,
a country plagued by conflict,
drought and child labour. That
explains why Volkswagen is try-
ing to secure a reliable supply of
cobalt for the next 10 years or so,
Reuters reported last week.
Add up the various prog-
nostications and electric-on-
ly-powered cars, with most of
them driving themselves, will
almost certainly become the
norm by mid-century. Thats
still plenty of time for the inter-
nal combustion engine to ride
off into the sunset. Reuters
Bombardier nears
deal with Air Baltic
It is set to sell at least 14 C Series jets valued at US$1.25b
MONTREAL: Bombardier Inc, the
Canadian plane-maker facing US
import duties on its C Series jet,
is nearing a deal to sell at least 14
of the planes to Air Baltic Corp in
an order with a list value of about
US$1.25 billion (RM5.29 billion).
The carrier is set to buy CS300
models definitely before the end
of next year, Air Baltic chief exec-
utive officer Martin Gauss said on
Wednesday, fewer than 24 hours af-
ter the US imposed the preliminary
restrictions. The airline will switch to
an all-C Series fleet, having settled
on an additional purchase of the
Bombardier jets after also consider-
ing Embraer SAs E2 aircraft family.
We have made the strategic
decision to go to an all-jet fleet,
Saudi Arabia raises US$12.5b from US dollar bond oering
BY ARCHANA NARAYAN AN
DUBAI: Saudi Arabia raised US$12.5
billion (RM52.88 billion) from its
second US dollar bond sale this year
as the kingdom bolsters its finances
amid an economic overhaul.
The government sold US$3 bil-
lion of long five-year notes, US$5
Novartis eyes drug maker AAA deal
BY M ANUEL BAIGORR I,
DINESH NAIR & AARON K I RC HFE LD
LONDON: Novartis AG is consider-
ing a deal for radiopharmaceutical
company Advanced Accelerator
Applications SA (AAA) as the giant
Swiss drug maker seeks acquisi-
tions to boost growth, according
to people familiar with the matter.
Gauss said in an interview from
Riga, Latvia. Its not clear when we
will place the order, but we will re-
place our turboprops with C Series.
Air Baltics endorsement provides
a boost to Bombardier after the US
Commerce Department slapped du-
ties on the C Series, citing unfair Ca-
nadian subsidies after a complaint
by Boeing Co. A major C Series order
from a non-US carrier would alleviate
fears that a ramp-up in production
would be interrupted next year or
in 2019, said Nicholas Heymann, an
analyst at William Blair & Co. This
is a hot-button issue for investors.
According to an AFP report, Can-
ada-US trade relations took a no-
sedive on Wednesday after the an-
nouncement of the duties. The two
billion of the 10-year tranche and
US$4.5 billion of the 30-year offer-
ing, people familiar with the mat-
ter said, declining to be identified
because the information is private.
Investors submitted about US$40
billion in bids, they said.
Long five-year notes were priced
at 110 basis points (bps) over US
Novartis has approached AAA
about a deal and held talks, the
people said, asking not to be iden-
tified because the deliberations are
private. AAA could also attract in-
terest from other drug makers, they
said. No deal has been reached and
talks may fall apart, the people said.
France-based AAA makes radiop-
harmaceuticals, or radioactive drugs,
W O R L D B U S I N E S S 19
neighbours are among the worlds
closest allies and trading partners,
with more than half a trillion US
dollars worth of goods exchanged
annually. So the US imposition
of a 220% countervailing duty on
a major Canadian manufacturer
drew strong criticism.
Bombardier, unions representing
Canadian aerospace workers, and
both the Canadian and Quebec gov-
ernments assailed the duties as ab-
surd, ridiculous, madness and given until yesterday to provide
an attempt to stifle competition.
The US move would also have a
negative impact on the current re-
negotiation of the North American
Free Trade Agreement, they warned,
and called for retaliatory measures.
Bloomberg/AFP
Treasuries, 10-year tranche at
145bps, and 30-year bonds at 180bps.
Yields on the nations existing
bonds rose on Wednesday, with
the rate on its dollar securities
due 2026 climbing 6bps, the most
since July on a closing basis, to
3.47% as of 6.33pm in London.
Bloomberg
used to diagnose and treat diseases
such as cancer.
Novartis is hunting for assets to
bolster its businesses in areas from
cancer to cardiovascular disease.
The company also faces decisions
on the future of its ailing Alcon
eye-care business and its stake in
crosstown rival Roche Holding AG.
Bloomberg
IN BRIEF
Google to create shopping
unit to avoid EU nes
BRUSSELS: Google formally of-
fered its solution to avoid more
European Union (EU) mega
fines on Wednesday, proposing
to run its controversial shop-
ping service as a stand-alone
business. The European Com-
mission (EC) in June slapped
Google with a record 2.4 billion
(RM11.95 billion) fine for illegal-
ly favouring its shopping service
in search results. The fine came
after seven years of investigation
launched by complaints from
other price-comparison servic-
es that lost 90% of traffic against
Google Shopping, according
to the EC. Were implement-
ing a remedy to comply with
the European Commissions
recent decision, Al Verney, a
spokesman for Google said in
a statement. Google, which was
its remedy or face further fines,
is also appealing the decision at
EU court. AFP
Etihad Airways appoints
Tony Douglas as CEO
BERLIN: Etihad Aviation Group
moved forward with its renew-
al by appointing British mili-
tary and aviation veteran Tony
Douglas to take charge of the
Abu Dhabi-based carrier, suc-
ceeding James Hogan, architect
of its failed bets on insolvent
Alitalia SpA and Air Berlin plc.
Douglas will join Etihad as chief
executive officer (CEO) in Janu-
ary 2018 from the UKs defence
ministry, where he was respon-
sible for procuring and sup-
porting all the equipment and
services for the British Armed
Forces, the state-owned carrier
said yesterday in a statement.
The executive has aviation ex-
perience, previously managing
Heathrows Terminal 5 project
and serving as CEO of Abu Dha-
bi Airports. Bloomberg
Millionaires wealth
reaches record US$63.5tril
HONG KONG: The number of
millionaires in the world rose
by nearly 8% last year to an
all-time high of around 16.5
million people, with record to-
tal wealth of US$63.5 trillion,
according to a report by global
consultancy firm Capgemini.
The wealth of high net worth in-
dividuals which Capgemini
defines as those with investable
assets of US$1 million (RM4.23
million) or more, excluding the
primary residence, collectibles
and consumables rose 8.2%
on the year in 2016 and is on
track to surpass US$100 trillion
by 2025. Reuters
BNP to advise on US$7b
Saudi power plant sale
DUBAI: Saudi Arabia hired BNP
Paribas SA to advise on the sale
of a US$7.2 billion (RM30.46
billion) power plant, according
to people familiar with the mat-
ter. Saline Water Conversion
Co (SWCC) is working with the
French lender to find a buyer
for the plant, the biggest of its
kind when it was built in 2014,
the people said. Bloomberg
20 W O R L D B U S I N E S S
China sets 2019 deadline
for green-car sales targets
Global automakers should be relieved with this relaxing of an earlier launch plan
BY N O R I H I KO SHI ROUZU
& A DA M JOU RDA N
BEIJING/SHANGHAI: China has
set a deadline of 2019 to impose
tough new sales targets for electric
plug-in and hybrid vehicles, slightly
relaxing an earlier plan to launch
the rules from next year that had left
global automakers worried about
being able to comply.
Carmakers will need so-called
new-energy vehicles (NEVs) to hit
a threshold equivalent to 10% of
annual sales by 2019, Chinas in-
Toshiba inks
deal to sell
chip arm to
Bain group
BY PAVEL A L PEY EV
TOKYO: Toshiba Corp signed
a final agreement to sell its
flash memory chip business
to a group led by Bain Capital
for about 2 trillion (RM75
billion), moving a step closer
to completing the deal after
months of contentious ne-
gotiations.
The Bain consortium in-
cludes major technology
players Apple Inc, Dell Inc, SK
Hynix Inc and Japans Hoya
Corp, while Toshiba itself will
maintain a stake, the compa-
ny said in a statement yes-
terday. The total value of the
transaction may change de-
pending on capital expendi-
tures.
The deal is aimed at keep-
ing control of an important
business in Japan, while se-
curing the funding needed to
help Toshiba repair its dam-
aged balance sheet.
Toshiba is selling off its
chips business to pay for bil-
lions of dollars in losses in its
US nuclear business.
The company needs to
raise the money by March
to avoid seeing its shares del-
isted from the Tokyo Stock
Exchange. It expects the deal
to close by March 31 and aims
to regain positive net worth
by the end of the fiscal year.
The final agreements sign-
ing is a major step toward
completing a deal that has
undergone numerous twists
and turns since January.
Apple played a central role
in resolving the tumultuous
auction. Bloomberg
dustry ministry said in a statement
yesterday. That level would rise to
12% for 2020.
The targets, announced by the
industry and information technol-
ogy ministry, remove an explicit
8% quota for 2018, but otherwise
match previously announced plans.
The quotas are a key part of a
drive by China, the worlds largest
auto market, to develop its own
NEV market, with a long-term aim
to ban the production and sale of
cars that use traditional fuels an-
nounced earlier this month.
ZhongAns stellar day one does not a bright future make
BY NISHA GOPALAN & S HU LI RE N
HONG KONG: ZhongAn Online
P&C Insurance Co is flying high,
but what is the risk should its big-
name backers, well, back off?
The online insurers stock surged
as much as 18.1% in Hong Kong yes-
terday after an initial public offering
(IPO) that was more than 100 times
oversubscribed. Initial share sales
in the city that have raised at least
US$500 million (RM2.1 billion)
have risen an average 4.2% on their
first day of trade, data compiled by
Bloomberg show.
But valuing an insurance compa-
ny more like a technology firm, es-
pecially when it is projected to make
a significant loss this year, is always
dicey. ZhongAns growth ultimately
hinges on the close ties forged, and
Amazon girds for rivals Apple, Google in home devices push
BY M AR K GUR M AN
SAN FRANCISCO: Amazon.com
Inc, girding for competition from
Apple Inc and Google in the race
to equip homes with smart devic-
However, global automotive man-
ufacturers wrote to Chinese author-
ities in June, urging a softening of
the proposals for all-electric battery
vehicles and electric plug-in hybrids.
Under the rules, carmakers will
receive credits for NEVs that can be
transferred or traded. These cred-
its will be used to calculate if firms
have met the quotas.
We welcome the Chinese auto
industrys shift towards greater
adoption of NEVs and will com-
ply with relevant regulations pre-
sented by authorities, Ford Motor
then maintained, between its chair-
man Ou Yaping and the three Mas.
ZhongAn is 13.8% owned by Jack
Mas Ant Financial, an affiliate of Al-
ibaba Group Holding Ltd, 10.4% by
Tencent Holdings Ltd, whose chief
executive officer is Pony Ma, and
10% by Ping An Insurance Group
Co, whose chairman is Ma Mingzhe.
SoftBank Group Corp, a cornerstone
investor, holds almost 5%.
The question for investors is will
Alibaba, the insurers biggest share-
holder and source of almost half its
premiums last year via shipping
return insurance, still be willing to
back ZhongAn when it gets its own
online insurance licence?
As Alibabas taking control of un-
profitable delivery business Cainiao
Smart Logistics Network Ltd this
week showed, backers can vanish at
es, unveiled a slew of consumer
gadgets including an Alexa-powered
digital-home hub, a smaller and
cheaper Echo speaker, and a new
mini Echo with a screen, called Spot.
Though hardware products are
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
Co said in a statement responding
to the announcement.
General Motors Co said it would
strive to comply with the NEV
mandatory requirements, though
it added continued joint efforts by
the government and companies
are essential to build broad-based
consumer acceptance for NEVs.
Japans Honda Motor Co Ltd
said it planned to launch an electric
battery car in China next year and
would try to expand our line-up
of new energy vehicles to meet
the quotas. Reuters
any time. Rival ZTO Express Cayman
Inc was tagged as Alibabas delivery
service of choice before its New York
listing in October last year.
The last well-received mega IPO
in Hong Kong Huatai Securities
Cos US$4.5 billion 2015 listing
poses a cautionary tale. The Chinese
brokerages float was also more than
100 times oversubscribed as inves-
tors rushed to buy shares in the be-
lief that the more individual players
in Chinas stock market, the more
commissions for brokers. Chinese
stocks cratered later that year, and
Huatais shares, which declined 18%
in 2016, have languished.
At the moment, ZhongAn, as
Chinas only publicly listed online
insurance company, has sentiment
on its side. That could be fleeting.
Bloomberg
not key to Amazons bottom line,
they serve as important conduits
for popularising and expanding the
Alexa voice-based digital assistant,
which is integrated into the latest
devices. Bloomberg
IN BRIEF
S Korea to oer tax help,
loans to rms hit by
China trade measures
SEOUL: The South Korean gov-
ernment will offer tax conces-
sions and loans to companies
affected by trade measures
China imposed on South Ko-
rea businesses in retaliation
against Seouls deployment of
a powerful defence system, the
finance ministry said yesterday.
The government plans to allow
duty- free operators and other
retailers operating in China to
defer all or part of their corpo-
rate income and value-added
taxes for up to nine months.
The ministry added it will offer
cheap loans to auto-component
makers hit by declining sales
in China of vehicles made by
South Korean companies such
as Hyundai Motor Co. Reuters
Comac says C919
passenger jet completed
second test ight
SHANGHA: Chinas domesti-
cally developed C919 passenger
jet completed its second test
flight yesterday, the jets maker
Commercial Aircraft Corp of
China Ltd (Comac) said, but the
duration and near five-month
gap since its first flight have
raised questions over wheth-
er its latest delivery target can
be met. The programme faced
lengthy delays and missed its
original target of delivery to
customers by 2016 a date re-
portedly pushed back to 2020.
Sales to date have been restrict-
ed largely to its home market
because it has yet to be certi-
fied by regulators in the US and
Europe. Reuters
Eni to expand Singapore
LNG desk to market
Mozambique supplies
SINGAPORE: Eni plans to
expand its Singapore trading
desk to market liquefied nat-
ural gas (LNG) supplies from
new projects such as Mozam-
bique to buyers in Asia, senior
executives from the Italian oil
and gas companys trading arm
said. The expansion comes
after Eni decided earlier this
year to integrate its LNG busi-
ness with its upstream unit so
that it can act as the marketing
arm for new projects that are
coming on-stream in the next
years, Franco Magnani, chief
executive officer of Eni Trad-
ing and Shipping told Reuters.
Reuters
Japans economic
expansion broadening,
says BoJs Kuroda
TOKYO: Bank of Japan gov-
ernor (BoJ) Haruhiko Kuroda
said yesterday the countrys
economic expansion is broad-
ening and likely to be highly
sustainable. But he reiterat-
ed the BoJs commitment to
maintain its massive stimulus
programme with inflation dis-
tant from its 2% target. De-
spite an expanding economy,
prices continue to hover on a
weak note, Kuroda said in a
speech at an annual meeting
of securities firms. Reuters
FRIDAY S E P T E MB E R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
Facebooks
Zuckerberg
defends
company
BY A H M E D FA RH AT HA
BENGALURU (India): Facebook
Incs chief executive officer Mark
Zuckerberg on Wednesday de-
fended his companys role in US
elections and rejected assertions
in a tweet from US President
Donald Trump that the social
network was against him.
Zuckerberg has been on the
defensive for weeks over revela-
tions that Russian agents bought
ads on Facebook and created
fake accounts to inflame politi-
cal tensions in the US ahead of
the 2016 presidential vote. In a
Facebook post on Wednesday
Zuckerberg said both Trump
and liberals were upset about
ideas and content on Facebook
during the campaign.
Thats what running a plat-
form for all ideas looks like,
Zuckerberg said on Wednesday.
Zuckerburg noted that the
2016 campaign was the first in
the US where the Internet was
a primary way candidates com-
municated and said the ability of
candidates and voters to interact
was a good thing.
He also pointed to get out
the vote efforts that had spurred
almost two million people to
register to vote. He also said he
regretted saying after the election
that it was crazy to think that
misinformation on Facebook
changed the outcome of the elec-
tion, adding that the comment
was dismissive.
Earlier on Wednesday,
Trumps tweet criticised Face-
book as anti-Trump and sug-
gested the company could have
colluded with other media out-
lets that opposed him.
Facebook is part of investiga-
tions both houses of Congress
and special counsel Robert Mu-
eller are conducting into Russian
influence in the 2016 election.
Facebook on Wednesday was
asked to testify before two sepa-
rate Congressional committees.
Playboy founder dies at 91
FRANKFURT: The founder of Play-
boy magazine, Hugh Hefner, who
turned his swinging lifestyle into
a professional calling and taught
Americans to be more open about
sex, has died. He was 91.
Hefner died from natural causes
surrounded by friends and family at
his home, the Playboy Mansion, in
Los Angeles, according to a post on
Playboys official Twitter feed and
a news release published on the PR
Newswire. Hefners wish was to be
buried in a crypt he bought next to
the grave of Marilyn Monroe in Los
Angeles. Pictures of a nude Monroe
catapulted Playboy to success with
its first edition in 1953.
The direct descendant of a Pu-
ritan who arrived in America on
the Mayflower, Hefner shattered
traditional attitudes to sex in the
1950s and 60s with centerfold
Abe dissolves
parliament
Tokyo governor has upended Japanese politics in recent days
BY HIROSHI HIYAM A
& RICHAR D CARTER
TOKYO: Japanese Prime Minister
Shinzo Abe officially dissolved par-
liament yesterday, effectively kick-
ing off a national election campaign
where he faces an unexpected and
formidable challenge from the pop-
ular governor of Tokyo.
Members of the lower house
raised their arms and shouted
Banzai three times the Japa- has upended Japanese politics in
nese equivalent of three cheers
after the speaker read out a let- with her newly launched Party of
ter from Abe officially dissolving
the chamber.
Voters will go to the polls on Oct
22, as Abe seeks a fresh popular
Tributes flow as pioneer of
Singapore law retires
BY VALERIE KOH
SINGAPORE: In a rare formal cere-
mony, the legal fraternity paid trib-
ute on Wednesday to long-serving
Judge of Appeal Chao Hick Tin, who
retired yesterday on his 75th birth-
day after five decades in the public
service.
It was only the second time the
ceremony, called a valedictory refer-
ence, was accorded to a judge leav-
ing the Bench. First held in 1990 for
retiring chief justice Wee Chong Jin,
a valedictory reference is a formal
sitting of the full Supreme Court
Bench to mark significant events,
usually the appointment of a new
chief justice.
pictorials of semi-naked women
and articles on gender relations.
Playboys celebration of the fe-
male body and redefinition of male
pastimes transformed sex from a
forbidden topic into dinner-table
conversation.
His monthly publication re-
mained the USs most popular
mens magazine for four decades,
driving sales for a single issue to
seven million by the early 1970s.
He claimed Playboy had a profound
effect on American society by ad-
vancing the cause of press freedom,
racial equality and womens rights.
He was perhaps the greatest
counter to the Puritan ethic weve
ever seen, Garth Jowett, a profes-
sor of communications at the Uni-
versity of Houston, said in a 2003
interview in the Houston Chroni-
cle. Bloomberg
mandate for his hardline stance
on North Korea and a new tax plan.
Abe asked for public support for
his strong diplomacy on North
Korea.
Abe stunned Japan on Monday
with a surprise call for a snap elec-
tion, seeking to capitalise on a weak
opposition and a boost in the polls,
as voters welcome his hawkish North
Korea policy.
But Tokyo governor Yuriko Koike
recent days, stealing Abes limelight
ning for a seat in parliament, pre-
Hope that seeks to shake up the
countrys lethargic political land-
scape.
Koikes new party, formally un-
About 500 lawmakers, lawyers
and public servants packed the Su-
preme Court Auditorium for Justice
Chao yesterday, with eight speeches
delivered by, among others, Chief
Justice Sundaresh Menon, Law Min-
ister K Shanmugam and Law Soci-
ety president Gregory Vijayendran.
The Singapore Academy of Law
also launched a book titled A Judge
for the Ages.
The speakers highlighted Jus-
tice Chaos even temperament and
humility.
After being appointed the repub-
lics top judge, Chief Justice Menon
said he asked Justice Chao to contin-
ue serving to tap the latters wisdom.
True to his character, Justice
Hugh Hefner
Founder of Playboy magazine
Died on September 27, aged 91
1953
First issue of Playboy magazine,
featuring nude pictures of
Marilyn Monroe
1959
Hefner hosts TV show Playboy's
Penthouse
veiled on Wednesday, has attracted
an influx of lawmakers from a wide
range of ideological backgrounds
and could unify opposition to Abe,
presenting Japanese voters with a
credible alternative to the premier.
The head of the main opposition
Democratic Party (DP) proposed to
members that the DP should not run
candidates in the Oct 22 poll and
that they were free to join Koikes
new group.
For the moment, although Koike
is leading the party, she is not run-
Although dont have extradition
ferring to concentrate on govern-
ing the worlds most populous city
in the run-up to the 2020 Olympic
Games. AFP
Chao had been reluctant for yes-
terdays fanfare over his retirement,
Chief Justice Menon added.
Justice Chaos accomplishments
in the domestic and international
arenas included Singapores Pe-
dra Branca dispute with Malaysia
and the water treaties between both
countries.
Former law minister S Jayakumar
said he admired the judge for his
robust manner in advancing and
protecting the nations interests.
A judges task is to deal with the
parties before him and their counsel
fairly and impartially ... to ensure
that justice in according with the
law is ultimately done in every case,
Justice Chao said. TODAYonline
1960
First Playboy Club opens in Chicago
1962
Jazz great Miles Davis features in
the first "Playboy Interview"
1972
First foreign edition of Playboy
magazine in Germany
1988
Hefner's daughter Christie takes
over as chairman of Playboy
Enterprises, stays in the post
to 2009
2014
Playboy magazine celebrates
60th anniversary
Source: playboyenterprises.com
W O R L D 21
IN BRIEF
Thai junta chief says
fugutive ex-PM
Yingluck in Dubai
BANGKOK: Thailands junta
leader yesterday said fugitive
ex-premier Yingluck Shinawatra
is in Dubai, a day after she was
handed a five-year jail term in
absentia for negligence. Prayut
Chan-O-Chas first clear com-
ments on Yinglucks wherea-
bouts came a month after she
ghosted out off Thailand, duck-
ing a court ruling over charges
she failed to stop graft and loss-
es in a costly rice subsidy policy
by her government. I learned
from the foreign ministry that
now she is in Dubai, said Prayut.
Once a fresh arrest warrant is is-
sued, Thai authorities may pro-
ceed with extradition efforts, he
told reporters. Defence Minis-
ter Prawit Wongsuwan, a key
architect of the coup that took
down Yinglucks government,
said its good she is in Dubai.
treaty... Dubai officials informed
our foreign ministry that they will
not allow Yingluck to make any
political move. AFP
Taiwan to allow
visa-free entry for
visitors from Philippines
TAIPEI: Taiwan will allow vi-
sa-free entry for visitors from
the Philippines in hopes that
the Southeast Asian nation
will reciprocate the gesture, a
spokesman for the self-ruled
islands cabinet said yesterday.
Taiwan does not have formal
diplomatic relations with the
Philippines, which recognises
the one China policy under
which Manila acknowledges
the Chinese position that there
is only one China and Taiwan is
part of it. Whether the visa-free
policy takes effect in October or
November is to be decided by
the foreign ministry, said Hsu
Kong-yung, the spokesman of
Taiwans executive yuan, or cab-
inet. Reuters
Google, Facebook,
Twitter asked to testify
in Russia probe
WASHINGTON: The Senate In-
telligence Committee has asked
top tech companies Google,
Facebook and Twitter to testify
about Russian interference in
US politics, a Senate aide con-
firmed on Wednesday. The three
Internet and online social media
giants are expected to appear on
Nov 1 in an open hearing on the
rising evidence that they were
covertly manipulated in a cam-
paign to help Donald Trump win
the presidency. AFP
Vanuatu orders mass
evacuation of
volcano island
WELLINGTON: Vanuatu yes-
terday ordered the compulsory
evacuation of an entire island
where a huge volcano rum-
bled to life over the weekend,
threatening a major eruption.
All 11,000 people on the island of
Ambae in the Pacific archipel-
agos north will be evacuated
by Oct 6, Prime Minister Charlot
Salwais office said. AFP
22
live it!
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY

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

WEEKEND
by numbers
29.09.17 to 01.10.17
Your quick guide to rest and relaxation. By Hannah Merican

3 theatre performances to catch

Letters End Youre a Good Man, Charlie Brown
Watch Australia-based theatre clown Wolfe Bowart per- Watch Youre A Good Man, Charlie Brown this weekend.
form as part of DiverseCity 2017 KL International Arts Join Charlie Brown and the Peanuts gang as they con-
Festival. Bowart uses puppetry, interactive film, illusion template on the meaning of being happy and how to be
and physical comedy to lure viewers into a world littered a good man in their own special way. This heartfelt tale
with lost letters and packages. The magic starts when explores the themes of hope, friendship and happiness
a teddy bear falls out of a torn parcel as a man working as they learn to make the most of things they want in life.
at a furnace prepares to toss it into the fire. The scruffy The local cast features a stellar line-up of performers such
toy stirs a poignant memory. As the man rips open let- as Benjamin Lin, Peter Ong, Joel Wong and Safia Hanifah.
ters he is tasked with burning, he faces more long-lost The performance will be on until Oct 8 at the Damansara
memories. The performance is on tomorrow and Sun- Performing Arts Centre (DPAC). Tickets are priced be-
day at 11am and 3pm. Tickets are priced at RM30 and tween RM 88 to RM258. The DPAC is located at Empire
RM70. It will be held at Auditorium Bandaraya, DBKL Damansara, Jalan PJU 8/8, Damansara Perdana, Petal-
Tower 1, Jalan Raja Laut, Kuala Lumpur. For more in- ing Jaya. For more information visit www.dpac.com.my.
formation call (03) 2617 9000.

Cr
The circus comes to town with Cre this weekend keeping
the audience in awe with aerial stunts, fire-spinning, flying
pole acrobatics, dazzling visuals and graphics. The perfor-
mance will not use bars, rings and animals, instead, aim
to showcase nature and the elements of air, water, earth
and fire. The company will collaborate with physical art
studio Viva Circus and contemporary circus performing
group Psycusix. The performance will be on tonight till
Sunday from 8.30pm to 3pm. Tickets are priced between
RM68 and RM168. Cre will be on at Pentas 1, KLPAC, Jalan
Strachan, off Jalan Sultan Azlan Shah, Kuala Lumpur.

2 films to watch this weekend

Stronger The Foreigner
Inspired by the true story of Jackie Chan stars as Quan, a humble
Jeff Bauman, the film follows London businessman whose hid-
an ordinary man who cap- den past erupts in a revenge-fuelled
tured the hearts of Boston vendetta when his teenage daugh-
and the world after the infa- ter dies in a senseless act of po-
mous 2013 Boston Marathon litically-motivated terrorism. His
incident. Jeff is a 27-year-old search to find the terrorists leads
working-class Boston man to a cat-and-mouse conflict with a
who was at the marathon to British government official whose
try and win back his ex-girlfriend, Erin. While waiting for her at the finish line, the past may possibly hold clues to the
blast occurs and he loses both his legs. After regaining consciousness, he helps identities of the killers. The film also
law enforcement by identifying one of the bombers. This film follows Baumans stars Pierce Brosnan and Charlie
heroic journey in overcoming adversity and awakening his inner courage. The Murphy. Log on to www.cinema.
film stars Jake Gyllenhaal, Tatiana Maslany and Miranda Richardson. Log on to com.my to find out more about
www.cinema.com.my to find out more about screening times and schedules. screening times and schedules.
 live it! 23
FRIDAY S E P T E MBE R 29 , 20 17 T HEED G E FINA NCIA L DA ILY

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

4 music performances to groove to

Percussion Paradise
Hands Percussions 20th anniversary cele-
bration will culminate with the Malaysian
drumers sharing the stage with Sisu Per-
cussion from Norway, marimba player Tan
Su Yin and musician Mat Din, all wearing
costumes by local designer Moto Guo. The
collaboration is a natural fit for the group
that started out with Chinese drums and
has expanded its repertoire to include the
gamelan, gendang and kompang performed
in stylised movements, with Western per- Beethovens Emperor
cussion instruments beating in tandem. The Under the baton of Naohisa Furusawa, Malaysian pianist
performance is on tomorrow at 3pm and Tengku Ahmad Irfan and the Malaysian Philharmonic Or-
8.30pm. Tickets are priced between RM78 chestra (MPO) will perform Beethovens Piano Concerto
to RM428. The performance will take place No 5 which is also known as the Emperor Concerto. Bee-
at Plenary Hall, KL Convention Centre, Jalan thovens Symphony 7 is also on the programme as well as
Pinang, Kuala Lumpur. For more informa- Toru Takemitsus Requiem for String Orchestra and Vivi-
tion call 012 502 6883. an Chuas Mercu Kegemilangan,which is commissioned
by the MPO. The performance will be on tomorrow and
Sunday at 8.30pm and 3pm. Tickets are priced at RM60,
RM90, RM120 and RM150. The Dewan Filharmonic Pet-
ronas is located at the Petronas Twin Towers, KLCC. For
more information visit www.mpo.com.my.

Michael Pigneguy Quartet featuring

Samantha de Lune
As a regular visitor to Malaysia, Michael
Pigneguy returns to No Black Tie tomorrow
to showcase new material with the release
of his single My Valentine which features
Samantha de Lune. Pigneguy is influenced
by a variety of musical genres, including
jazz, Afro-Cuban and electronic music. De
Lune will be joining Pigneguy on stage. The
performance will be on tonight at 10pm.
Tickets are priced at RM53. No Black Tie is
located at 17 Jalan Mesui, off Jalan Nagasa-
ri, Kuala Lumpur. To make a reservation call
(03) 2142 3737.
Gadis Kebaya
Z Yan and Ezza will perform
reimagined and rearranged
renditions of songs that hark
back to Old Malaya. Expect
songs from the likes of P Ram-
lee, Saloma, Teresa Teng, and
Lee Yee. Tickets are priced at
RM70. The performance will
be on tonight at 9pm. Thea-
tre Lounge Caf is located at
B1-3A, Plaza Damas 3, Jalan
Sri Hartamas, Kuala Lumpur.
Call (03) 6730 7982.

1 excuse to work out

Weekly Community Yoga Class at APW Bangsar
Learn about the basics of yoga with this weekly community class. A great
class for beginners, it will be led by a certified yoga teacher. If you already
practice yoga on your own, you are also welcome to take part in this class.
The community classes at APW are a great opportunity to meet people
from different walks of life who share the same interest of learning more
about yoga. Participants are advised to come in exercise clothing and to
bring their own yoga mats. The teacher this week is Robyn Lau. Admission
is free. The class will be on tomorrow from 9am to 10am. APW Bangsar is
located at 29, Jalan Riong, Bangsar, Kuala Lumpur. Find out more at www.
facebook.com/apwbangsar/.
2 4 S P O RT S
Give women more credit
for top matches, says Konta
Despite equal prize money, they still lag behind the men on year-round tennis circuit
BY DA N I EL L E ROSSI N GH
WUHAN (China): Female ten-
nis players still do not receive the
credit they deserve for putting on
top-quality matches, according to
British No 1 Johanna Konta.
A lot of womens matches this
season really kicked arse, they were
outstanding, Wimbledon semi-fi-
nalist Konta told Reuters at the Wu-
han Open in central China this week.
More credit needs to be given.
Top English football clubs meet for revenue deal
BY DAVI D H EL L I ER
& SCOT T SOSH N I CK
LONDON/NEW YORK: Englands
smaller Premier League teams met
to come up with a plan to satisfy the
six biggest football clubs, including
Manchester United and Chelsea,
which are demanding a bigger share
of the US$1.34 billion (RM5.67 bil-
lion) a year in overseas broadcast
rights.
One proposal involved splitting
the revenue based on where teams
finish in the standings, according
Hamilton, Perez
back US anthem
protests
SEPANG: World championship
leader Lewis Hamilton yester-
day backed American sports
stars who protest at racial in-
justice during their national
anthem, a stance supported by
Mexican driver Sergio Perez.
The three-time F1 world
champion Hamilton has been
vociferous on social media in
supporting players in the Na-
tional Football League (NFL)
and other sports who have
taken the knee during the
national anthem.
I really think I can identify
with those individuals, hence
the posts I put up, Hamilton
told reporters at the Sepang
International Circuit ahead of
Sundays Malaysian Grand Prix
Force Indias driver Perez
also gave his support yesterday
to the protesting sports stars.
Being a sportsman gives
you a lot of voice, Perez told
reporters. It is important, not
only in the States, all around
the world, to try to care about
what is going on in the world,
not only being focused on your
job. You have some obligations
you have to look after. AFP
There is so much talk that the wom-
ens draw is so open. But its open
in the sense of there are so many
amazing players. We have the depth.
Although women have been
paid equal prize money at all four
grand slams since 2007, they still
lag behind the men on their own
year-round tennis circuit.
In 2017, the mens ATP World
Tour had a total prize money pot
of US$197.7 million (RM836.27
million), compared with US$139
to a person with knowledge of the
matter who asked not to be iden-
tified because the discussions are
private. Up to now, teams split the
funds equally.
The meeting was requested by
smaller clubs and takes place ahead
of a possible vote on the issue at next
weeks meeting of all teams. Changes
to the leagues rules require at least
14 votes. Premier League executive
chairman Richard Scudamore was
among those attending.
Overseas rights are growing
in importance, and bigger clubs,
Malaysian Grand Prix
Sepang International Circuit - Kuala Lumpur
8
310
245 6
330 Start/Finish
90 2 8
98 2
6 475
260
56 laps
56 = 310.408 km
of 5.543 km
Perez: F1 can give Mexico moment of happiness
BY ABHISHEK TAKLE
SEPANG: Next months Mexican
Grand Prix can give the country
a moment of happiness as it
struggles to recover from its dead-
liest earthquake in three decades,
Formula One driver Sergio Perez
said yesterday.
million for the womens WTA Tour.
While Novak Djokovic trails
23-times grand slam singles win-
ner Serena Williams by 11 slam ti-
tles, the Serb is the sports all-time
prize money leader with US$109.8
million in earnings. Williams has
amassed US$84.5 million in her
long career.
Although tennis is one of the few
professional sports where female
athletes can earn a good living,
womens sports generate a minus-
which include Manchester United,
Manchester City and Chelsea, want
a larger share of the money in ac-
cordance with their greater viewing
figures and popularity, which they
say drives revenue.
Revenue sharing is on the sched-
ule at next weeks meeting of all 20
Premier League clubs. Overseas
revenue currently amounts to about
3 billion (RM17.01 billion) to 3.5
billion over three years, with the
leagues domestic deal being worth
5.1 billion.
Next weeks agenda will also cov-
Oct 1
100
3 Race 15 out of 20
5 205
6 235
210
5 Daniel Ricciardo - Red Bull
4 160
8 162
4 170
85 2
320
4 140 kph x Gear
Lap record: 1 Min. 34.223
Juan Pablo Montoya (2004)
Mexican driver Perez said the race
would help lift the gloom a little. It
will give a lot of energy, having the
grand prix in Mexico, the 27-year-
old Force India driver told reporters
ahead of this weekends Malaysian
Grand Prix. I think its good for the
people to have a distraction, to have
a moment of happiness.
FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE FI N AN C I AL DAI LY
cule 0.4% of all sports sponsorship
and just 7% of all sports media cov-
erage, according to London-based
charity Women in Sport.
Konta, the world No 7, was in-
volved in one of the best matches
of the year at Wimbledon, fighting
back from a set down to beat the
second-seeded Simona Halep of
Romania to become the first Brit-
ish woman to reach the last four at
the All England Club in 39 years.
Reuters
er proposals for the next domestic
rights contract, which is currently
shared by BT Group plc, Sky plc
and the British Broadcasting Corp,
which shows highlights.
For the first time the leagues live
and non-live rights are expected
to attract the attention of compa-
nies such as Amazon.com Inc and
Facebook Inc, raising the prospect
of a richer deal. Against this there
is evidence that viewing for live
matches screened on television are
declining, with some migration to
tablets and phones. Bloomberg
Driver standings
Lewis Hamilton - Mercedes
263
Sebastian Vettel - Ferrari
235
Valtteri Bottas - Mercedes
212
Teams
Mercedes
Ferrari
373
Red Bull
230
Force India
124
C
Claro
The race at the Hermanos Rod-
rigues circuit in the southeast of the
capital, which marketing head Rodri-
go Sanchez last week said sustained
no damage.
Perez, who scored his first F1 podi-
um in Malaysia with a second-placed
finish in 2012, now wants to deliver
a strong result on Sunday. Reuters
IN BRIEF
Kim and Trump, what
could go wrong? says
US snowboarder
PARK CITY (US): Seven-time
X-Games snowboard cross
champion Nate Holland, an
American still seeking his first
Olympic medal at age 39, laughs
off fears about US-North Korea
tensions as the Pyeongchang
Games approach. The Winter
Olympics run from Feb 9 to Feb
25 in South Korea but will be
staged only 80km from where US
troops are stationed on a heavily
guarded border with the North.
US President Donald Trump and
North Korean leader Kim Jong-
un have exchanged insults amid
raised tensions in recent days,
but Holland still plans to have
his wife and daughter there with
him despite some early worries.
Youve got Kim and Trump, two
level-headed guys, solving the
worlds problems what could
go wrong? Holland said. I guess
if were going down, were going
down as a family. AFP
Womens Laver Cup
would be awesome,
says Muguruza
WUHAN (China): A Laver Cup-
style tournament would be
awesome for womens ten-
nis, world No 1 Garbine Mugu-
ruza said, but warned it would
be difficult to schedule in an
already packed calendar. Mu-
guruza said she had seen clips
of Team Europes Roger Federer
and Rafael Nadal battling Team
World for the maiden title last
weekend in a packed stadium
in Prague. I just love that peo-
ple go and watch tennis and
the stadium was full, she said.
It would be awesome to also
have it on the womens side.
But the 23-year-old Spaniard,
speaking at the Wuhan Open
in China, warned it would be
tough to find a date. AFP
Russia court issues
arrest warrant for doping
whistle-blower
MOSCOW: A Moscow court
said yesterday it had issued an
arrest warrant for Russian whis-
tle-blower Grigory Rodchen-
kov, who helped orchestrate
the countrys state-sponsored
Olympic doping programme
and has since fled to the US.
The investigators put Rod-
chenkov on an international
wanted list. Our court on Sept
21 issued a ruling to arrest him
in absentia since he is want-
ed internationally, the courts
spokesman Yunona Tsareva
told AFP. AFP
Vardy determined to
boost England hopes
ahead of World Cup
BENGALURU: Harry Kane is
Englands top striker on merit
but Leicester Citys Jamie Vardy
remains determined to chal-
lenge the Tottenham marks-
man for a starting spot at next
years World Cup in Russia. Ga-
reth Southgates side are one
win away from sealing a finals
spot going into next months
qualifiers, with Kane set to lead
the attack. Reuters
FRIDAY S E P T E MBE R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
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)
0.913 0.561 0.750 0.740 7609 AJIYA 0.750 0.010 30 0.744 10.84 2.67 228.4
Sectorial Movement 0.300 0.065 0.155 0.155 9954 AKNIGHT 0.155 UNCH 1.5 0.155 9.0
1.694 0.650 1.320 1.230 2674 ALCOM 1.230 -0.030 929.8 1.277 14.01 16.67 165.2
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG 1.070 0.315 0.690 0.675 4758 ANCOM 0.680 -0.010 577.3 0.679 8.38 148.9
3.860 1.766 3.640 3.510 6556 ANNJOO 3.510 -0.070 957.3 3.590 10.26 2.99 1,874.5
KLSE COMPOSITE 1,758.06 -6.18 -0.35 TECHNOLOGY 36.43 -0.06 -0.16 0.551 0.095 0.105 0.100 9342 ANZO 0.105 0.005 1934.6 0.103 89.4
KLSE INDUSTRIAL 3,200.55 -13.57 -0.42 FTSE BURSA 100 12,173.57 -43.90 -0.36 1.100 0.825 1.030 1.030 5568 APB 1.030 -0.020 60 1.030 12.09 6.31 116.3
CONSUMER PRODUCT 622.79 -1.21 -0.19 FTSE BURSA MID 70 14,914.24 -57.95 -0.39 4.090 3.176 3.700 3.650 5015 APM 3.690 0.040 26.9 3.665 15.72 3.93 743.9
1.240 0.827 1.100 1.050 7214 ARANK 1.100 -0.030 1264.8 1.076 7.44 2.73 132.0
INDUSTRIAL PRODUCT 159.63 -0.09 -0.06 FTSE BURSA SMALL CAP 16,992.26 -38.59 -0.23 1.290 0.671 1.170 1.150 7162 ASTINO 1.160 -0.030 369 1.159 8.39 0.86 318.0
CONSTRUCTION 324.54 -0.34 -0.10 FTSE BURSA FLEDGLING 19,098.72 -41.30 -0.22 1.331 0.534 0.840 0.805 7099 ATTA 0.820 0.005 418.1 0.824 3.17 9.52 125.3
TRADE & SERVICES 229.26 -1.43 -0.62 FTSE BURSA EMAS 12,518.29 -44.02 -0.35 0.970 0.230 7181 ATURMJU 0.255 15.6
2.550 1.580 2.170 2.050 8133 BHIC 2.160 0.010 2.2 2.146 5.70 1.39 536.7
KLSE FINANCIAL 16,562.80 -76.62 -0.46 FTSE BUR MSIA ACE 6,496.91 -44.80 -0.68 0.570 0.380 0.400 0.395 7005 BIG 0.400 0.010 22.5 0.398 19.2
KLSE PROPERTY 1,235.86 -1.24 -0.10 FTSE BUR EMAS SHARIAH 12,748.21 -32.99 -0.26 0.580 0.100 0.510 0.495 7187 BKOON 0.500 -0.005 674 0.501 139.0
KLSE PLANTATION 7,888.70 25.72 0.33 FTSE BUR HIJRAH SHARIAH 13,952.47 -55.26 -0.39 1.091 0.742 0.910 0.890 168 BOILERM 0.910 0.020 119.1 0.901 22.09 1.65 469.6
2.425 1.440 1.460 1.460 6297 BOXPAK 1.460 0.010 2 1.460 175.3
KLSE MINING 607.93 Unch Unch FTSE/ASEAN 40 10,485.68 -84.44 -0.80 1.563 1.160 1.180 1.160 5100 BPPLAS 1.160 -0.030 153 1.174 17.93 6.90 217.7
0.316 0.237 0.275 0.265 9938 BRIGHT 0.275 0.010 230.1 0.268 56.5
0.675 0.230 0.560 0.530 7221 BSLCORP 0.530 UNCH 254.9 0.545 6.48 51.9
0.365 0.210 0.240 0.240 7188 BTM 0.240 UNCH 50 0.240 45.28 30.5
3.785 2.870 2.900 2.870 5105 CANONE 2.900 UNCH 220.9 2.881 7.10 1.38 557.2
0.035 0.005 5229 CAP 0.010 13.6

Bursa Malaysia Main Market 2.168 1.883 1.930

1.810 0.833 1.430
1.750 1.450
1.910
1.400

7076
2879
8435
CBIP
CCM
CEPCO
1.920
1.400
1.530
-0.010
-0.020

74.7
64

1.916
1.421

8.60
44.87

3.13
3.57

1,033.4
640.7
68.5
1.210 1.020 1.150 1.140 8044 CFM 1.140 -0.020 6.5 1.140 46.7
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP 1.940 1.466 1.760 1.750 5007 CHINWEL 1.760 -0.010 69.7 1.760 10.36 3.86 527.2
HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) 2.550 1.546 2.350 2.310 5797 CHOOBEE 2.310 -0.030 124.3 2.327 8.46 2.60 253.9
CONSUMER PRODUCTS 1.150 0.920 8052 CICB 1.000 28.90 50.0
0.730 0.400 0.430 0.415 7120 ACOSTEC 0.430 UNCH 10 0.417 76.5 0.075 0.050 7018 CME 0.050 24.3
5.010 3.881 5.010 4.930 7090 AHEALTH 5.010 0.110 108.6 4.985 16.36 2.30 586.9 4.628 3.476 3.920 3.850 2852 CMSB 3.880 -0.010 519.8 3.903 16.83 1.62 4,168.6
24.759 12.174 20.480 19.980 2658 AJI 20.000 -0.180 58.3 20.058 6.67 2.10 1,216.0 0.600 0.200 7986 CNASIA 0.505 0.97 22.9
0.380 0.220 7051 AMTEK 0.305 15.2 1.547 1.141 1.360 1.300 5071 COASTAL 1.310 -0.030 437.3 1.332 14.10 1.53 696.4
6.007 4.970 5.050 4.980 6432 APOLLO 4.980 UNCH 35.5 4.989 25.05 5.02 398.4 1.150 0.665 0.735 0.730 7195 COMCORP 0.735 -0.015 73 0.734 7.05 102.9
1.110 0.800 7722 ASIABRN 0.980 77.5 1.010 0.645 0.940 0.925 2127 COMFORT 0.940 UNCH 805.4 0.932 15.16 525.3
3.667 3.053 3.180 3.140 7129 ASIAFLE 3.140 -0.030 52.8 3.159 10.80 5.10 611.5 2.156 1.630 1.740 1.700 5094 CSCSTEL 1.710 -0.020 573.2 1.719 10.28 5.85 649.8
49.279 39.201 44.600 44.300 4162 BAT 44.500 0.200 287.3 44.496 16.63 4.83 12,706.1 0.829 0.655 7157 CYL 0.710 56.35 5.63 71.0
0.120 0.040 0.070 0.065 7243 BIOOSMO 0.070 UNCH 105 0.065 55.7 0.405 0.280 0.325 0.325 5082 CYMAO 0.325 -0.015 20 0.325 24.4
0.740 0.540 0.615 0.605 9288 BONIA 0.605 -0.015 454 0.613 15.39 2.07 487.8 2.369 1.742 2.190 2.180 8125 DAIBOCI 2.190 -0.010 16.1 2.186 31.47 1.96 718.1
1.100 0.483 0.960 0.940 7174 CAB 0.940 -0.010 987.2 0.955 6.71 0.34 580.7 1.510 0.330 1.240 1.240 8176 DENKO 1.240 UNCH 42.5 1.240 129.5
0.540 0.420 0.425 0.425 7154 CAELY 0.425 UNCH 28.7 0.425 8.19 2.35 34.0 0.350 0.220 0.350 0.330 7114 DNONCE 0.350 0.020 3586.8 0.346 64.1
0.340 0.260 0.295 0.290 7128 CAMRES 0.290 0.005 37.4 0.291 24.17 3.45 57.1 0.435 0.230 0.270 0.265 5835 DOLMITE 0.270 UNCH 50 0.268 76.9
15.098 13.019 14.740 14.700 2836 CARLSBG 14.700 -0.080 33.4 14.708 20.52 5.24 4,494.5 0.435 0.155 0.200 0.195 5265 DOLPHIN 0.200 0.005 528.5 0.200 44.4
1.140 0.524 0.970 0.950 7035 CCK 0.955 UNCH 493.7 0.961 11.83 2.09 301.2 1.320 1.069 1.300 1.290 7169 DOMINAN 1.300 -0.010 10.9 1.291 8.98 4.62 214.6
2.388 1.867 2.210 2.210 7148 CCMDBIO 2.210 -0.010 27.6 2.210 21.58 2.94 616.5 1.848 0.914 1.630 1.590 1619 DRBHCOM 1.600 -0.010 2819.6 1.602 0.63 3,093.2
2.700 2.230 2828 CIHLDG 2.230 13.34 2.24 361.3 1.582 0.532 1.420 1.360 7233 DUFU 1.370 -0.050 776.9 1.384 6.95 4.01 240.4
0.060 0.020 0.045 0.045 5188 CNOUHUA 0.045 UNCH 735.5 0.045 30.1 0.866 0.640 0.705 0.695 8907 EG 0.700 UNCH 1464.7 0.701 6.43 148.1
3.200 1.812 2.790 2.610 7205 COCOLND 2.750 -0.020 258.2 2.757 15.18 5.64 629.2 1.070 0.825 0.870 0.850 9016 EKSONS 0.870 0.010 286 0.859 142.9
1.960 1.608 1.820 1.810 7202 CSCENIC 1.820 UNCH 14 1.819 17.50 5.49 219.3 0.870 0.510 0.775 0.745 7217 EMETALL 0.755 -0.015 545.1 0.757 13.96 3.31 129.2
0.095 0.030 0.045 0.045 5214 CSL 0.045 UNCH 530 0.045 5.70 55.9 0.885 0.385 7773 EPMB 0.540 89.6
0.794 0.510 0.520 0.510 9423 CWG 0.515 0.005 78.5 0.511 2.89 2.91 65.0 0.443 0.330 0.395 0.380 190 ESAFE 0.385 0.005 163.2 0.386 11.81 92.6
0.050 0.025 0.035 0.030 7179 DBE 0.035 0.005 1695 0.031 350.00 49.1 1.115 0.740 0.800 0.790 5101 EVERGRN 0.795 -0.010 815.5 0.795 12.97 2.52 672.9
1.000 0.740 7119 DEGEM 0.960 9.18 2.60 128.6 0.863 0.460 0.500 0.480 7249 EWEIN 0.485 0.005 1691.1 0.491 12.50 1.03 146.3
59.883 52.364 59.300 59.100 3026 DLADY 59.300 UNCH 2.4 59.250 26.61 1.69 3,795.2 1.430 1.021 1.400 1.370 2984 FACBIND 1.400 -0.030 133 1.397 13.78 1.79 119.2
0.115 0.070 0.090 0.085 7198 DPS 0.090 UNCH 167 0.085 52.9 2.862 2.160 2.610 2.610 7229 FAVCO 2.610 UNCH 32.5 2.610 7.64 5.75 577.9
0.105 0.020 0.075 0.075 7182 EKA 0.075 UNCH 58.8 0.075 23.4 0.800 0.495 0.615 0.610 149 FIBON 0.610 -0.005 38.7 0.612 13.90 1.80 59.8
0.360 0.140 0.240 0.235 9091 EMICO 0.240 0.005 299.5 0.238 14.29 23.0 2.274 1.906 2.170 2.150 3107 FIMACOR 2.150 -0.010 58.3 2.163 15.96 5.81 527.3
1.938 1.372 1.430 1.390 7149 ENGKAH 1.400 -0.020 50.9 1.406 62.78 4.29 99.1 1.870 1.436 1.510 1.500 5197 FLBHD 1.500 -0.010 267.1 1.505 7.56 10.00 154.8
0.270 0.180 0.185 0.180 7208 EURO 0.185 UNCH 362.9 0.185 49.5 1.500 1.330 1.500 1.420 3611 GBH 1.460 0.030 80.6 1.485 97.33 272.5
0.800 0.630 7094 EUROSP 0.680 31.48 30.2 2.590 1.450 2.350 2.330 7197 GESHEN 2.350 -0.010 127.3 2.349 10.02 188.0
26.000 21.887 24.600 24.300 3689 F&N 24.480 -0.020 806.8 24.496 25.38 2.35 8,978.7 0.085 0.040 0.060 0.050 5220 GLOTEC 0.050 UNCH 27661 0.057 269.1
1.205 0.815 2755 FCW 0.860 260.61 1.74 215.0 0.735 0.185 0.200 0.200 7192 GOODWAY 0.200 UNCH 3.2 0.200 22.1
0.850 0.520 0.680 0.640 8605 FFHB 0.670 0.040 1033.4 0.664 11.26 1.79 73.0 0.135 0.085 0.100 0.100 7096 GPA 0.100 UNCH 410.6 0.100 17.54 98.0
1.350 0.730 1.250 1.240 9172 FPI 1.240 UNCH 122.9 1.242 11.31 4.84 306.7 0.425 0.255 0.320 0.305 5649 GPHAROS 0.305 -0.015 130.1 0.311 41.0
0.980 0.255 7184 G3 0.750 309.4 0.245 0.185 0.190 0.185 136 GREENYB 0.185 UNCH 3 0.188 264.29 3.24 61.7
1.648 0.873 1.640 1.610 5102 GCB 1.640 0.050 1259.2 1.626 16.73 1.37 787.5 0.145 0.085 0.120 0.115 7077 GSB 0.120 0.005 2820.9 0.118 63.4
2.999 2.334 5606 GOLDIS 2.690 7.06 0.74 1,644.7 1.005 0.755 0.810 0.755 3247 GUH 0.800 0.045 39.7 0.767 18.56 4.21 222.3
0.135 0.030 0.115 0.100 5187 HBGLOB 0.110 0.005 1089.4 0.102 20.37 51.5 1.180 0.235 0.880 0.835 5151 HALEX 0.855 -0.030 823 0.849 90.6
19.178 14.730 18.740 18.380 3255 HEIM 18.400 -0.340 49.9 18.493 20.43 6.25 5,558.6 7.367 4.468 6.930 6.710 5168 HARTA 6.910 0.110 1748.7 6.860 35.13 1.23 11,402.9
10.600 8.589 9.450 9.080 3301 HLIND 9.190 -0.180 147.6 9.202 27.43 3.81 3,013.4 1.390 0.829 7105 HCK 1.330 738.89 560.2
1.008 0.822 0.940 0.935 5160 HOMERIZ 0.940 0.005 30.9 0.938 9.89 2.13 282.0 8.680 1.990 7.980 7.860 4324 HENGYUAN 7.900 0.010 893.1 7.907 4.83 2,370.0
0.385 0.240 0.315 0.305 7213 HOVID 0.310 UNCH 669 0.310 254.5 1.757 1.128 1.600 1.550 5095 HEVEA 1.560 -0.020 871 1.570 8.92 4.74 869.8
1.258 1.094 1.170 1.160 5024 HUPSENG 1.170 UNCH 18 1.168 20.35 3.42 936.0 1.200 0.868 0.925 0.920 3298 HEXZA 0.925 UNCH 50.2 0.920 8.33 4.86 185.4
0.630 0.410 0.415 0.415 8478 HWATAI 0.415 -0.005 1 0.415 172.92 31.1 0.450 0.270 0.435 0.415 5072 HIAPTEK 0.425 -0.010 13457.5 0.425 14.31 0.71 559.2
4.880 2.020 3.250 3.100 5107 IQGROUP 3.120 -0.130 283.9 3.153 11.14 3.53 274.6 0.700 0.190 0.665 0.630 5199 HIBISCS 0.645 -0.005 61378.4 0.647 8.35 971.3
1.570 1.153 1.500 1.480 7152 JAYCORP 1.500 UNCH 119 1.486 9.15 3.33 205.9 1.276 0.844 7033 HIGHTEC 1.170 7.93 2.99 47.5
0.740 0.505 0.550 0.505 8931 JERASIA 0.550 0.010 79.6 0.511 12.17 45.1 1.226 0.785 1.060 1.030 8443 HIL 1.060 -0.020 16.3 1.051 19.74 1.42 295.4
2.598 1.370 1.520 1.480 5247 KAREX 1.520 0.030 781.1 1.503 54.48 1.32 1,523.6 0.405 0.270 5165 HOKHENG 0.320 22.70 25.6
3.800 3.350 3.370 3.350 7216 KAWAN 3.350 UNCH 23 3.354 34.11 0.56 1,204.4 0.270 0.020 0.215 0.205 2739 HUAAN 0.210 -0.005 23375.8 0.208 235.7
0.260 0.040 0.185 0.185 8303 KFM 0.185 -0.005 58 0.185 12.6 3.206 2.130 2.630 2.600 5000 HUMEIND 2.620 -0.020 77.5 2.626 67.18 0.76 1,255.2
0.920 0.715 0.755 0.715 6203 KHEESAN 0.740 -0.010 11 0.721 19.32 1.35 77.0 0.075 0.045 0.055 0.055 9601 HWGB 0.055 UNCH 1855 0.055 54.9
2.700 2.020 2.180 2.150 7062 KHIND 2.180 0.030 21 2.159 23.22 4.59 87.3 0.890 0.595 0.755 0.755 9687 IDEAL 0.755 -0.030 1 0.755 4.92 83.4
2.210 1.015 1.850 1.750 2 KOTRA 1.840 UNCH 6.3 1.782 19.66 1.09 245.6 2.070 1.690 7222 IMASPRO 1.830 25.56 1.91 146.4
0.140 0.050 0.065 0.065 5172 KSTAR 0.065 UNCH 240 0.065 19.0 0.300 0.160 0.190 0.185 7183 IRETEX 0.190 UNCH 20.1 0.185 26.2
6.000 4.500 4.600 4.600 7006 LATITUD 4.600 -0.090 50.6 4.600 6.47 2.61 447.2 0.085 0.050 0.060 0.060 7223 JADI 0.060 UNCH 670 0.060 56.5
1.050 0.785 0.990 0.985 9385 LAYHONG 0.985 -0.005 2372.3 0.985 26.84 0.51 599.6 0.175 0.135 0.145 0.145 8648 JASKITA 0.145 UNCH 143 0.145 6.90 65.2
0.377 0.261 0.315 0.315 8079 LEESK 0.315 UNCH 59.5 0.315 11.29 3.17 52.9 0.110 0.030 2747 JAVA 0.035 6.1
3.840 2.723 3.770 3.700 7089 LIIHEN 3.710 -0.020 474.3 3.734 9.04 4.31 667.8 1.120 0.892 7043 JMR 1.100 333.33 2.73 139.5
0.820 0.710 0.740 0.735 7126 LONBISC 0.740 0.005 191.6 0.740 9.55 138.0 1.729 0.825 1.340 1.310 7167 JOHOTIN 1.330 0.010 396.2 1.319 7.04 2.44 377.0
1.866 1.196 7085 LTKM 1.420 22.15 2.11 184.7 1.460 1.000 1.120 1.090 4383 JTIASA 1.090 UNCH 1062 1.103 90.83 1.19 1,061.4
7.920 3.948 6.520 6.190 7087 MAGNI 6.500 0.250 503.8 6.387 9.10 1.92 1,057.8 0.310 0.160 0.260 0.255 54 KARYON 0.255 UNCH 1067 0.255 27.42 121.3
0.045 0.010 0.020 0.020 5189 MAXWELL 0.020 UNCH 5004.5 0.020 8.0 0.870 0.680 0.800 0.800 7199 KEINHIN 0.800 UNCH 2.1 0.800 11.24 1.88 79.2
1.266 0.974 1.070 1.070 5886 MBG 1.070 UNCH 4.8 1.070 24.94 2.80 65.1 0.500 0.305 6211 KIALIM 0.310 19.2
2.464 1.266 2.050 2.010 3662 MFLOUR 2.010 -0.030 309.2 2.024 15.03 3.23 1,106.1 3.080 2.733 3.070 3.060 3522 KIANJOO 3.060 -0.010 14 3.064 12.26 1.31 1,359.2
0.960 0.770 7935 MILUX 0.830 45.2 2.363 1.511 5371 KIMHIN 1.740 8.48 3.45 270.8
5.005 3.770 5202 MSM 4.010 3.49 2,818.9 0.075 0.025 0.040 0.035 5060 KINSTEL 0.035 -0.005 235 0.039 36.7
0.035 0.030 5150 MSPORTS 0.035 21.2 1.460 0.865 0.890 0.880 9466 KKB 0.880 0.010 122.9 0.886 4.55 226.9
1.826 1.184 1.400 1.400 3921 MWE 1.400 UNCH 4 1.400 2.39 1.43 324.2 0.425 0.220 0.285 0.260 7164 KNM 0.265 -0.015 61125.4 0.269 571.4
85.980 72.360 85.480 84.600 4707 NESTLE 84.680 0.080 221.5 84.683 32.02 3.19 19,857.5 1.129 0.830 0.840 0.840 6971 KOBAY 0.840 UNCH 10 0.840 16.00 85.8
4.880 3.002 3.410 3.390 7060 NHFATT 3.400 0.010 3.5 3.398 9.90 3.24 255.5 0.367 0.240 0.250 0.245 7017 KOMARK 0.250 UNCH 170.5 0.247 31.2
0.130 0.060 0.065 0.060 7139 NICE 0.060 -0.005 140 0.062 20.0 7.360 5.565 6.790 6.730 7153 KOSSAN 6.750 UNCH 565.4 6.741 25.86 1.63 4,316.4
0.315 0.230 0.260 0.250 7215 NIHSIN 0.260 UNCH 375.8 0.253 108.33 62.0 1.110 0.345 7130 KPOWER 0.785 54.3
0.893 0.740 0.780 0.770 5066 NTPM 0.775 0.005 206 0.774 16.49 3.10 870.5 5.140 4.624 4.900 4.900 3476 KSENG 4.900 -0.020 41.5 4.900 16.40 2.04 1,771.2
0.690 0.360 0.575 0.555 7071 OCR 0.570 UNCH 152.7 0.567 151.4 0.580 0.365 0.490 0.490 5192 KSSC 0.490 UNCH 35 0.490 10.77 3.06 47.0
0.250 0.050 0.130 0.125 7071PA OCR-PA 0.125 -0.005 1471.1 0.125 80.6 0.775 0.295 0.605 0.575 8362 KYM 0.590 -0.005 18.1 0.578 22.61 88.4
1.778 1.345 1.590 1.580 7107 OFI 1.590 UNCH 300 1.590 21.93 2.52 381.6 8.400 5.060 6.660 6.620 3794 LAFMSIA 6.650 -0.050 671.4 6.650 3.01 5,650.5
6.854 6.315 6.630 6.560 4006 ORIENT 6.560 -0.040 63.9 6.579 10.09 3.05 4,069.8 0.940 0.570 0.830 0.815 9326 LBALUM 0.820 -0.005 965.2 0.820 11.34 3.05 203.8
4.619 2.208 4.400 4.320 7052 PADINI 4.400 UNCH 269.7 4.390 18.39 2.27 2,894.8 0.608 0.444 0.470 0.455 5092 LCTH 0.470 0.005 225.5 0.463 13.91 5.32 169.2
40.300 29.318 38.840 37.980 3719 PANAMY 38.020 -0.380 214.8 38.106 18.01 3.08 2,309.6 6.530 4.140 5.270 5.230 5284 LCTITAN 5.260 UNCH 2639.9 5.255 8.16 12,139.0
0.774 0.495 5022 PAOS 0.505 49.03 3.23 91.5 0.910 0.422 0.850 0.825 5232 LEONFB 0.825 -0.025 1736.1 0.837 4.71 1.82 255.8
0.650 0.330 0.405 0.405 9407 PARAGON 0.405 -0.055 19 0.405 28.4 0.440 0.100 0.280 0.275 8745 LEWEKO 0.275 -0.005 210 0.276 88.5
0.660 0.310 0.535 0.535 6068 PCCS 0.535 0.010 8.6 0.535 32.1 0.080 0.025 2887 LIONDIV 0.055 76.6
1.060 0.740 0.850 0.830 5231 PELIKAN 0.850 0.010 17 0.847 25.84 470.3 1.480 0.355 1.390 1.310 4235 LIONIND 1.310 -0.060 5540.9 1.345 8.51 940.5
0.235 0.145 0.170 0.170 4081 PMCORP 0.170 -0.005 13 0.170 131.5 0.740 0.350 0.690 0.645 9881 LSTEEL 0.645 -0.025 3273.3 0.676 8.98 82.6
0.795 0.441 0.725 0.710 5080 POHKONG 0.720 UNCH 1141.7 0.721 10.00 1.39 295.5 0.160 0.050 0.130 0.125 5068 LUSTER 0.125 -0.005 9068.6 0.129 247.0
2.060 1.451 1.950 1.920 7088 POHUAT 1.920 -0.010 202.4 1.925 7.19 4.17 436.3 3.890 3.336 3.600 3.600 9199 LYSAGHT 3.600 0.030 2 3.600 9.12 1.94 149.7
17.217 15.086 16.880 16.760 4065 PPB 16.840 -0.120 323.2 16.825 15.07 1.48 19,963.8 1.403 0.535 1.400 1.300 5098 MASTEEL 1.320 -0.030 5337.2 1.364 12.61 410.3
0.720 0.499 7190 PPG 0.580 19.14 2.38 58.0 0.841 0.467 0.720 0.670 7029 MASTER 0.690 -0.015 898.2 0.705 10.42 1.45 37.7
1.659 1.120 1.150 1.130 8966 PRLEXUS 1.140 UNCH 89.1 1.137 8.01 2.63 205.3 1.200 0.948 1.180 1.130 5152 MBL 1.130 -0.050 394.8 1.167 8.19 3.54 104.0
1.199 0.679 1.090 1.050 7134 PWF 1.080 -0.010 372.1 1.066 10.44 3.70 183.3 0.870 0.618 7004 MCEHLDG 0.800 21.00 1.88 35.5
2.655 1.889 2.060 2.050 7237 PWROOT 2.050 -0.010 85.7 2.057 17.08 5.61 676.7 0.660 0.250 0.285 0.280 3778 MELEWAR 0.285 0.010 35.5 0.284 64.3
4.030 3.850 3.920 3.890 7084 QL 3.910 0.010 317.5 3.902 36.17 0.84 6,343.7 0.789 0.478 0.660 0.645 5223 MENTIGA 0.645 0.005 20.8 0.645 496.15 1.55 45.2
2.510 1.467 2.290 2.260 9946 REX 2.290 0.020 15.5 2.286 39.55 0.87 141.2 1.540 1.110 1.520 1.490 8192 MERCURY 1.490 -0.020 109.4 1.505 4.91 8.05 59.9
1.890 1.210 1.380 1.350 183 SALUTE 1.370 UNCH 56 1.362 27.51 1.75 531.6 1.837 1.596 1.740 1.730 6149 METROD 1.740 0.010 20 1.735 12.65 3.45 208.8
1.069 0.800 0.890 0.865 5252 SASBADI 0.865 UNCH 366.5 0.882 22.07 1.73 362.5 1.220 0.337 1.200 1.110 5001 MIECO 1.190 0.080 5029.5 1.163 8.97 3.36 624.8
0.590 0.275 0.570 0.545 5157 SAUDEE 0.560 0.010 339.8 0.552 622.22 67.2 0.170 0.075 0.150 0.145 7219 MINETEC 0.145 -0.005 6302.8 0.146 106.1
1.430 1.000 1.290 1.260 7180 SERNKOU 1.290 0.030 48.4 1.260 110.26 154.8 0.695 0.505 5576 MINHO 0.510 8.54 112.0
0.845 0.580 0.640 0.640 7165 SGB 0.640 -0.020 2 0.640 109.5 4.403 3.207 3.620 3.620 5916 MSC 3.620 UNCH 4.2 3.620 8.76 2.21 362.0
0.270 0.060 7165PA SGB-PA 0.230 102.9 1.766 1.370 1.380 1.380 3883 MUDA 1.380 UNCH 3 1.380 17.25 2.17 421.0
1.867 1.350 1.350 1.350 7412 SHH 1.350 -0.030 5.4 1.350 12.84 7.41 67.5 1.200 0.720 0.805 0.785 5087 MYCRON 0.785 -0.005 312.7 0.793 6.56 222.6
1.070 0.800 7246 SIGN 0.875 10.06 210.3 0.240 0.035 7002 NAKA 0.180 10.0
0.915 0.215 0.635 0.620 8532 SINOTOP 0.635 0.015 46.5 0.624 44.72 250.8 0.295 0.145 0.180 0.155 5025 NWP 0.170 0.020 10709 0.165 61.4
0.865 0.540 0.590 0.560 9776 SMCAP 0.590 0.010 43.5 0.580 36.0 1.190 0.535 0.965 0.945 4944 NYLEX 0.945 -0.015 266.8 0.954 8.91 2.12 183.6
0.385 0.200 7943 SNC 0.315 20.8 1.970 1.125 1.660 1.620 7140 OKA 1.630 -0.010 464.3 1.633 9.14 3.37 266.4
2.548 2.130 2.190 2.160 7103 SPRITZER 2.170 -0.030 20 2.173 18.39 2.67 396.3 1.510 0.865 1.390 1.380 5065 ORNA 1.380 UNCH 155.7 1.381 8.74 2.17 103.8
1.440 1.020 1.220 1.180 7186 SWSCAP 1.220 0.010 68 1.208 187.69 0.82 178.0 0.085 0.050 0.060 0.055 7225 PA 0.060 UNCH 1239.1 0.060 56.8
0.669 0.455 0.480 0.470 7082 SYF 0.480 0.005 157.8 0.475 7.69 2.08 297.2 0.015 0.005 22 PARLO 0.005 0.5
0.505 0.280 7211 TAFI 0.420 33.6 7.670 6.318 7.360 7.240 5183 PCHEM 7.300 0.010 7724.8 7.302 14.22 3.29 58,400.0
1.968 1.641 1.710 1.690 4405 TCHONG 1.710 0.020 128 1.706 1.17 1,149.1 1.952 1.450 1.500 1.460 5271 PECCA 1.500 0.020 31 1.462 19.21 2.67 282.0
1.154 0.490 0.505 0.490 7200 TEKSENG 0.495 -0.005 1016.9 0.495 35.87 4.04 172.3 0.801 0.585 0.635 0.605 9997 PENSONI 0.630 0.025 646.4 0.618 12.86 4.76 81.7
1.250 0.850 0.950 0.945 7252 TEOSENG 0.945 -0.005 167.9 0.945 1.59 283.5 7.901 5.630 5.780 5.780 5436 PERSTIM 5.780 0.070 1.5 5.780 10.41 6.92 574.0
1.510 1.300 9369 TGL 1.380 12.45 5.43 56.2 21.740 17.797 18.120 18.000 6033 PETGAS 18.000 -0.120 214.7 18.058 20.05 3.61 35,617.2
1.020 0.400 0.900 0.880 7230 TOMEI 0.890 0.015 327.3 0.891 11.45 123.4 10.400 3.883 10.320 10.140 3042 PETRONM 10.300 0.080 301.1 10.270 7.75 2.14 2,781.0
0.560 0.385 0.430 0.430 7176 TPC 0.430 UNCH 10 0.430 100.5 2.466 1.595 2.230 2.220 7095 PIE 2.230 UNCH 213.5 2.230 17.08 1.08 856.4
6.080 4.089 5.550 5.480 4588 UMW 5.550 -0.030 151.2 5.537 3.60 6,484.0 2.960 1.320 2.950 2.920 7172 PMBTECH 2.920 -0.010 23.9 2.934 20.17 1.37 233.6
2.549 1.861 2.500 2.450 7757 UPA 2.500 0.070 2 2.490 3.33 3.20 199.0 3.820 2.516 3.720 3.680 8869 PMETAL 3.700 UNCH 7293.5 3.699 25.31 1.49 13,833.3
1.668 0.677 1.470 1.430 7203 WANGZNG 1.470 UNCH 226.4 1.446 17.27 2.72 235.2 0.575 0.450 6637 PNEPCB 0.535 17.31 70.4
0.325 0.080 0.285 0.280 5156 XDL 0.285 UNCH 673.8 0.285 25.22 192.1 0.995 0.270 0.385 0.370 8117 POLY 0.385 0.015 76.4 0.376 1.94 61.6
0.615 0.360 0.570 0.570 7121 XIANLNG 0.570 -0.010 5 0.570 45.6 0.973 0.536 0.750 0.720 8273 PPHB 0.735 0.005 78.7 0.730 8.05 138.5
0.125 0.020 5155 XINQUAN 0.055 26.7 0.365 0.250 9458 PREMIER 0.275 343.75 92.7
2.822 2.130 2.180 2.160 5584 YEELEE 2.160 -0.020 43.9 2.175 11.20 2.08 413.9 1.480 0.569 1.350 1.320 9873 PRESTAR 1.340 -0.010 349.5 1.337 5.71 2.24 272.2
1.560 1.034 1.330 1.320 5159 YOCB 1.320 -0.010 58 1.321 9.28 3.03 211.2 1.110 0.635 1.050 1.020 7168 PRG 1.020 -0.010 508.6 1.034 90.27 0.49 306.9
3.190 1.744 2.920 2.740 7178 YSPSAH 2.920 0.150 539.9 2.867 14.13 2.40 399.2 0.330 0.085 0.260 0.250 7123 PWORTH 0.255 UNCH 11020.4 0.255 39.84 237.3
1.934 1.146 1.650 1.610 5131 ZHULIAN 1.640 UNCH 204.8 1.631 14.15 3.66 754.4 1.350 1.070 7544 QUALITY 1.090 63.2
INDUSTRIAL PRODUCTS 0.750 0.510 7498 RALCO 0.660 27.7
1.420 0.922 1.150 1.130 12 3A 1.140 0.020 353.6 1.138 12.79 1.26 560.9 5.840 5.310 5.580 5.400 7765 RAPID 5.580 UNCH 22.2 5.483 764.38 596.5
0.210 0.085 0.130 0.125 7086 ABLEGRP 0.130 UNCH 3052.4 0.130 34.3 0.745 0.285 0.405 0.385 5256 REACH 0.390 -0.015 6065.5 0.395 9.15 427.6
0.400 0.200 7131 ACME 0.390 85.2 0.655 0.390 0.420 0.410 7232 RESINTC 0.415 -0.010 161.1 0.411 6.88 2.89 56.9
0.795 0.625 7191 ADVENTA 0.630 185.29 96.3 1.410 0.595 1.340 1.310 9741 ROHAS 1.340 UNCH 236 1.324 535.8
2.376 2.045 9148 ADVPKG 2.120 22.80 5.66 43.5 0.834 0.705 0.730 0.715 7803 RUBEREX 0.730 0.015 49.7 0.722 8.80 1.71 184.1
0.220 0.135 0.170 0.165 7146 AEM 0.170 0.005 148.4 0.168 566.67 50.9 5.194 3.759 4.600 4.600 5134 SAB 4.600 -0.150 0.3 4.600 13.31 1.09 629.9
0.500 0.365 5198 AFUJIYA 0.400 18.96 72.0 8.490 4.773 6.900 6.600 9822 SAM 6.890 0.240 16.1 6.844 19.97 1.49 867.6
0.600 0.405 0.460 0.455 2682 AISB 0.460 0.035 22.5 0.455 32.62 66.4 0.979 0.826 0.890 0.865 7811 SAPIND 0.880 0.020 41.5 0.882 15.04 6.82 64.0
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 6 Markets FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY

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)
1.266 0.984 1.010 1.010 5170 SCABLE 1.010 UNCH 125.9 1.010 19.09 2.97 320.2 1.508 1.102 1.170 1.160 5056 ENGTEX 1.170 UNCH 1421.8 1.160 6.72 0.85 446.5
3.426 2.811 2.930 2.890 7247 SCGM 2.930 0.040 130 2.914 21.56 2.05 567.2 0.624 0.370 0.530 0.530 6939 FIAMMA 0.530 UNCH 5 0.530 10.71 2.83 280.9
0.740 0.510 0.620 0.610 9237 SCIB 0.620 0.060 9 0.617 17.46 50.1 0.440 0.355 0.385 0.380 9318 FITTERS 0.385 0.005 20 0.381 185.0
9.850 6.193 8.800 8.680 4731 SCIENTX 8.680 -0.070 145 8.718 15.85 1.84 4,197.3 1.468 1.084 1.270 1.270 7210 FREIGHT 1.270 -0.020 20 1.270 10.88 3.94 236.4
0.345 0.250 7239 SCNWOLF 0.310 27.1 0.425 0.133 0.410 0.390 128 FRONTKN 0.390 -0.015 16673.9 0.397 15.00 1.28 410.8
0.525 0.140 0.320 0.310 7366 SCOMIEN 0.315 -0.010 222 0.314 107.8 0.295 0.150 9377 FSBM 0.240 33.9
1.660 0.660 0.935 0.920 7073 SEACERA 0.920 -0.010 782.9 0.922 50.00 318.4 3.054 2.352 2.860 2.840 5209 GASMSIA 2.850 UNCH 455.3 2.850 21.79 4.51 3,659.4
0.230 0.130 0.155 0.145 5145 SEALINK 0.155 -0.005 115.1 0.150 77.5 0.820 0.610 0.630 0.620 78 GDEX 0.625 0.005 1103.5 0.624 93.28 0.40 3,485.1
0.765 0.250 5163 SEB 0.565 9.25 45.2 6.259 4.311 5.450 5.320 4715 GENM 5.320 -0.100 6341 5.371 10.91 1.92 31,590.4
1.410 0.388 0.985 0.930 5181 SIGGAS 0.935 -0.030 3189.4 0.965 44.31 1.28 175.3 9.960 7.382 9.630 9.480 3182 GENTING 9.480 -0.030 2950.3 9.566 12.75 1.21 36,475.8
1.040 0.650 7115 SKBSHUT 0.760 13.40 30.4 0.330 0.185 0.235 0.210 5079 GETS 0.210 -0.015 1679.9 0.224 26.5
1.550 1.240 1.510 1.480 7155 SKPRES 1.500 0.020 1907.8 1.493 14.96 2.77 1,875.3 3.120 2.730 3.070 3.000 3204 GKENT 3.050 0.050 2378.7 3.041 16.41 2.19 1,718.0
2.225 1.760 7248 SLP 1.900 23.49 1.94 602.2 0.555 0.300 0.420 0.400 7676 GUNUNG 0.405 -0.015 418.2 0.406 95.7
0.700 0.530 7132 SMISCOR 0.570 25.5 5.300 2.173 5.300 5.220 7668 HAIO 5.270 0.020 321.2 5.278 22.58 2.72 1,576.0
2.580 1.021 2.350 2.230 5665 SSTEEL 2.230 -0.070 896 2.313 10.09 1.35 961.8 0.335 0.200 0.260 0.240 7253 HANDAL 0.250 -0.005 342.7 0.246 40.0
0.300 0.065 7143 STONE 0.245 22.0 9.350 7.192 9.130 9.040 3034 HAPSENG 9.050 -0.030 313.2 9.085 21.29 3.87 22,531.6
1.550 1.230 1.320 1.320 6904 SUBUR 1.320 0.020 2 1.320 275.9 0.955 0.660 0.700 0.690 2062 HARBOUR 0.695 0.005 17.8 0.695 10.37 2.88 278.3
4.320 1.682 3.310 3.300 7207 SUCCESS 3.310 0.030 5.5 3.301 8.19 1.51 406.1 4.077 2.966 3.960 3.950 5008 HARISON 3.960 0.010 3.3 3.954 12.28 6.31 271.2
2.960 1.764 2.380 2.240 7235 SUPERLN 2.250 -0.070 2696.6 2.298 16.84 1.22 360.0 1.210 0.386 1.150 1.130 185 HSSEB 1.140 0.010 1074.4 1.141 23.95 0.55 363.8
2.324 1.690 1.700 1.690 7106 SUPERMX 1.700 UNCH 329.1 1.695 16.28 1.47 1,156.3 0.150 0.050 0.120 0.105 7013 HUBLINE 0.115 0.005 99392.6 0.113 47.92 144.0
4.153 3.292 3.670 3.620 5012 TAANN 3.660 -0.020 53.7 3.655 10.38 4.10 1,628.1 0.480 0.210 0.310 0.280 5255 ICON 0.285 -0.020 15731.1 0.293 335.5
0.510 0.350 0.360 0.360 4022 TADMAX 0.360 UNCH 277 0.360 193.9 6.567 5.512 5.820 5.770 5225 IHH 5.790 -0.040 1129.9 5.791 51.97 0.52 47,704.4
0.415 0.235 0.325 0.305 5149 TAS 0.310 -0.020 333 0.312 55.8 0.920 0.675 0.690 0.675 5614 ILB 0.690 0.010 46 0.686 134.6
14.282 11.949 12.920 12.880 4448 TASEK 12.920 0.260 10 12.89 106.69 9.29 1,597.2 0.910 0.670 5673 IPMUDA 0.725 4.14 52.5
0.290 0.100 0.180 0.165 5178 TATGIAP 0.175 0.010 839.9 0.170 27.1 2.166 1.325 1.700 1.700 58 JCBNEXT 1.700 UNCH 1 1.700 29.98 1.18 238.0
1.400 0.300 1.400 1.290 7097 TAWIN 1.310 -0.010 2484.7 1.331 11.53 84.2 0.310 0.235 0.270 0.265 8923 JIANKUN 0.270 -0.005 45.1 0.265 45.0
2.920 1.370 1.470 1.410 7439 TECGUAN 1.420 -0.040 97.7 1.440 8.13 56.9 0.395 0.295 8672 KAMDAR 0.360 71.3
4.803 3.817 4.040 4.020 7034 TGUAN 4.020 UNCH 175.9 4.030 8.40 2.99 532.6 1.862 1.606 1.700 1.660 6491 KFIMA 1.690 0.020 110.3 1.688 18.41 5.33 477.0
2.140 1.581 1.680 1.680 7374 TIENWAH 1.680 UNCH 10 1.680 6.90 5.95 243.2 0.739 0.236 0.620 0.610 151 KGB 0.610 -0.005 152 0.613 12.25 1.64 140.2
0.800 0.560 7854 TIMWELL 0.630 143.18 56.1 1.680 1.000 5035 KNUSFOR 1.150 114.6
1.069 0.589 0.930 0.925 7285 TOMYPAK 0.925 -0.005 125.3 0.929 15.29 3.46 388.0 1.140 0.944 1.070 1.030 5878 KPJ 1.050 0.010 3061.5 1.051 30.00 1.67 4,494.7
3.780 1.749 3.510 3.490 5010 TONGHER 3.510 -0.030 42 3.507 10.15 8.55 552.6 1.678 1.022 1.450 1.440 5843 KPS 1.440 UNCH 216.5 1.448 1200.0 4.34 718.6
5.878 4.512 5.550 5.430 7113 TOPGLOV 5.540 0.040 889.9 5.525 23.19 2.62 6,960.4 0.590 0.485 0.520 0.520 9121 KPSCB 0.520 -0.005 39 0.520 11.23 76.9
0.850 0.495 0.700 0.700 7173 TOYOINK 0.700 UNCH 50.8 0.700 74.9 0.225 0.115 0.140 0.140 4847 KTB 0.140 UNCH 230 0.140 56.4
0.230 0.145 0.190 0.185 4359 TURIYA 0.185 -0.010 10.1 0.190 42.3 0.628 0.299 0.495 0.480 6874 KUB 0.485 -0.005 1245.8 0.487 9.57 2.06 269.9
2.760 1.537 2.620 2.540 7100 UCHITEC 2.560 -0.060 1345 2.585 18.02 5.08 1,139.5 0.380 0.240 0.280 0.270 7170 LFECORP 0.270 -0.010 120.8 0.275 28.72 49.0
4.930 3.310 7133 ULICORP 4.340 21.96 2.76 630.2 0.805 0.420 0.780 0.755 8486 LIONFIB 0.755 -0.010 339.5 0.766 11.67 174.8
1.367 1.150 7227 UMSNGB 1.180 8.93 2.54 94.4 0.890 0.449 0.840 0.825 5143 LUXCHEM 0.825 -0.005 1204 0.832 14.86 2.82 697.0
1.680 0.700 0.755 0.730 4995 VERSATL 0.735 -0.015 200.1 0.737 93.04 86.2 2.270 1.643 1.810 1.790 3859 MAGNUM 1.800 0.010 530.5 1.796 13.51 6.67 2,587.9
2.680 1.277 2.660 2.580 6963 VS 2.650 0.120 13061.1 2.624 23.92 1.85 3,229.9 1.573 0.968 1.050 1.030 5264 MALAKOF 1.030 -0.010 5481.6 1.037 2.10 5.83 5,150.0
1.030 0.750 0.980 0.970 5142 WASEONG 0.970 -0.010 364.3 0.972 0.52 751.6 0.179 0.135 0.145 0.140 3514 MARCO 0.140 -0.005 515 0.143 8.43 3.57 147.6
0.485 0.345 0.390 0.390 7226 WATTA 0.390 0.005 27 0.390 32.9 6.493 5.368 5.800 5.770 6012 MAXIS 5.790 -0.010 2834.3 5.789 20.89 3.45 45,222.9
2.170 1.471 2.020 2.000 7111 WEIDA 2.010 0.010 130 2.011 19.42 1.49 268.0 0.955 0.670 0.835 0.810 5077 MAYBULK 0.820 -0.015 1379.2 0.821 820.0
1.537 1.139 1.370 1.330 7231 WELLCAL 1.330 -0.040 972.3 1.342 19.28 4.62 662.3 2.612 2.035 2.090 2.040 5983 MBMR 2.050 -0.030 708.8 2.058 12.43 2.20 801.3
0.525 0.229 0.345 0.340 6378 WMG 0.345 -0.005 29.1 0.345 147.0 1.313 0.655 0.815 0.790 4502 MEDIA 0.805 0.015 4665.5 0.805 9.94 892.9
0.895 0.600 0.895 0.815 7050 WONG 0.850 0.075 7382.4 0.857 154.55 77.9 0.668 0.455 0.465 0.460 5090 MEDIAC 0.460 UNCH 394 0.460 2.02 6.67 776.1
0.700 0.475 7025 WOODLAN 0.610 16.94 24.4 1.120 0.550 1.050 0.990 7234 MESB 1.000 0.020 397.6 1.012 42.0
2.084 1.836 1.970 1.960 5009 WTHORSE 1.970 UNCH 190 1.970 20.82 5.08 472.8 3.978 1.914 3.660 3.600 3069 MFCB 3.660 0.050 339.1 3.607 9.15 1.37 1,503.4
1.096 0.760 0.780 0.760 4243 WTK 0.770 0.005 710.1 0.768 2.60 370.6 1.160 0.625 0.820 0.795 5186 MHB 0.810 -0.005 889.6 0.809 1,296.0
1.380 0.953 1.100 1.080 7245 WZSATU 1.100 UNCH 100.6 1.081 12.59 1.82 383.8 7.752 6.720 7.400 7.260 3816 MISC 7.300 -0.090 1054 7.295 17.19 1.92 32,585.7
0.865 0.720 0.790 0.770 5048 YILAI 0.790 0.030 31.6 0.772 3950 126.4 2.606 2.050 2.130 2.050 2194 MMCCORP 2.070 -0.060 434.1 2.077 12.81 1.93 6,303.3
0.400 0.185 0.200 0.200 7020 YKGI 0.200 0.005 200 0.200 69.7 0.395 0.205 0.290 0.285 59 MMODE 0.285 -0.005 82 0.287 2.11 46.4
0.700 0.380 0.450 0.440 7014 YLI 0.450 -0.010 30.4 0.443 11.36 1.11 46.3 0.100 0.045 0.055 0.055 43 MTRONIC 0.055 UNCH 127 0.055 52.2
CONSTRUCTION 0.280 0.115 0.185 0.175 3891 MUIIND 0.180 UNCH 2800.6 0.180 527.9
1.189 0.728 1.060 1.040 5281 ADVCON 1.050 -0.010 422.2 1.048 14.73 422.2 3.050 1.950 2.500 2.420 3905 MULPHA 2.500 0.060 220.8 2.473 5.09 799.0
0.750 0.280 0.410 0.410 7007 ARK 0.410 UNCH 1.5 0.410 20.0 2.370 2.000 2.050 2.000 138 MYEG 2.030 0.010 15450.4 2.033 36.45 0.67 7,320.8
1.200 0.600 1.130 1.120 7078 AZRB 1.130 UNCH 112.9 1.123 14.54 1.33 600.6 0.910 0.700 0.710 0.705 9806 NATWIDE 0.705 -0.005 32 0.707 84.8
0.793 0.581 0.620 0.620 6173 BDB 0.620 UNCH 65 0.620 6.33 7.26 188.4 0.140 0.055 0.065 0.055 4464 NICORP 0.060 -0.005 38766.2 0.062 5.04 52.6
0.625 0.351 0.420 0.415 5190 BENALEC 0.420 0.005 321.5 0.416 30.00 1.67 341.0 0.828 0.631 0.715 0.715 5533 OCB 0.715 UNCH 49.5 0.715 14.19 1.40 73.5
0.510 0.325 0.365 0.355 5932 BPURI 0.355 UNCH 133.7 0.361 101.43 94.8 0.985 0.750 0.910 0.905 172 OCK 0.905 -0.005 140.5 0.906 27.76 0.66 788.7
1.110 0.777 1.110 1.090 8761 BREM 1.100 UNCH 1241.1 1.097 53.40 1.36 380.0 3.407 1.763 2.590 2.580 5201 OLDTOWN 2.590 -0.010 381.5 2.589 18.49 2.70 1,199.8
1.220 0.849 1.060 1.040 8591 CRESBLD 1.060 0.020 466.6 1.050 8.80 3.77 187.5 0.210 0.070 0.135 0.130 3018 OLYMPIA 0.130 -0.005 6519.8 0.135 4.85 133.0
2.086 1.437 7528 DKLS 1.800 3.45 1.67 166.9 2.540 1.120 1.250 1.160 5260 OWG 1.180 0.020 2668.5 1.206 47.58 303.9
3.210 1.641 3.080 2.980 5253 ECONBHD 3.060 0.070 1976.7 3.047 20.28 1.47 1,637.1 0.498 0.380 0.390 0.385 8419 PANSAR 0.385 UNCH 8 0.385 22.78 2.60 107.8
1.520 0.985 1.100 1.080 8877 EKOVEST 1.090 UNCH 2525.8 1.094 21.04 1.10 2,331.7 0.700 0.425 0.700 0.670 5125 PANTECH 0.695 0.025 21171.3 0.690 14.45 2.47 516.5
1.010 0.487 0.855 0.845 7047 FAJAR 0.850 UNCH 403.5 0.848 7.94 2.94 313.0 0.810 0.510 0.635 0.615 5657 PARKSON 0.615 -0.010 3549 0.625 672.7
1.370 0.885 1.230 1.210 9261 GADANG 1.220 UNCH 1351.3 1.220 9.15 2.30 802.6 1.310 1.085 1.260 1.250 5041 PBA 1.260 0.010 104.3 1.260 6.60 3.17 417.4
5.459 4.541 5.320 5.280 5398 GAMUDA 5.290 UNCH 10471 5.294 19.67 2.27 12,984.0 0.085 0.040 0.055 0.050 6254 PDZ 0.050 UNCH 511.9 0.051 26.32 43.5
1.740 0.815 1.700 1.680 5226 GBGAQRS 1.700 0.010 1286.4 1.694 18.46 731.0 1.250 0.876 1.110 1.060 5133 PENERGY 1.060 -0.030 194.6 1.091 1.89 341.1
0.920 0.660 0.680 0.660 5169 HOHUP 0.675 0.015 243.4 0.669 4.92 253.0 1.550 1.540 7108 PERDANA 1.540 1,198.8
1.766 1.430 1.470 1.450 6238 HSL 1.470 0.010 43.8 1.454 16.54 1.63 856.5 0.155 0.040 0.055 0.050 47 PERISAI 0.050 UNCH 1309 0.051 63.0
3.557 2.998 3.370 3.260 3336 IJM 3.260 -0.040 3637.8 3.314 17.70 2.30 11,827.4 0.420 0.115 0.355 0.330 7080 PERMAJU 0.330 -0.030 12153.8 0.337 64.7
0.740 0.561 0.610 0.605 5268 IKHMAS 0.605 -0.025 61.9 0.609 116.35 0.83 320.9 1.770 1.510 1.600 1.570 5219 PESTECH 1.570 -0.020 169.8 1.575 12.30 1,198.5
0.360 0.280 0.290 0.285 192 INTA 0.290 UNCH 298.5 0.285 0.36 155.2 25.100 22.389 24.640 24.300 5681 PETDAG 24.340 -0.160 87.8 24.36 24.08 2.96 24,180.7
0.710 0.510 0.590 0.585 8834 IREKA 0.590 0.010 11 0.586 100.8 0.250 0.030 7027 PETONE 0.055 1.61 2.8
1.790 0.975 1.290 1.270 4723 JAKS 1.270 -0.030 1259.6 1.276 612.5 5.524 4.140 4.160 4.140 7081 PHARMA 4.140 UNCH 11.9 4.160 26.39 3.62 1,075.7
0.500 0.210 0.320 0.285 9083 JETSON 0.310 0.030 3392.5 0.306 64.1 0.189 0.118 0.140 0.135 7201 PICORP 0.140 0.005 134.4 0.135 4.36 92.1
3.910 1.996 3.660 3.630 7161 KERJAYA 3.630 -0.020 408.5 3.640 16.39 1.52 2,043.8 0.420 0.225 7163 PJBUMI 0.310 25.4
2.380 1.890 2.190 2.150 5171 KIMLUN 2.180 UNCH 13.6 2.179 9.58 2.98 696.8 5.665 3.587 5.230 5.180 4634 POS 5.220 -0.020 961.3 5.206 44.24 2.05 4,086.1
1.540 1.010 9628 LEBTECH 1.500 58.59 204.7 2.516 1.601 1.750 1.750 5204 PRESBHD 1.750 -0.050 38.5 1.750 76.09 1.86 847.0
1.240 0.684 0.810 0.800 5129 MELATI 0.800 -0.025 8.8 0.807 6.51 2.19 96.0 2.180 1.410 1.600 1.480 8346 PRKCORP 1.500 0.020 81 1.509 150.0
0.575 0.240 0.350 0.350 5006 MERGE 0.350 -0.005 104.8 0.350 250.00 23.5 0.350 0.123 0.310 0.285 186 PTRANS 0.290 -0.015 27571.3 0.298 11.74 2.52 364.6
1.407 1.020 1.070 1.050 9571 MITRA 1.070 -0.010 1025.9 1.058 6.38 4.67 737.7 0.914 0.790 0.805 0.800 5272 RANHILL 0.800 -0.005 58.4 0.805 11.24 9.75 710.7
1.350 0.750 1.290 1.260 7595 MLGLOBAL 1.260 -0.030 683.7 1.273 22.66 497.2 0.360 0.170 0.280 0.275 37 RGB 0.280 UNCH 696.7 0.275 13.79 2.14 374.8
0.440 0.285 0.300 0.300 5924 MTDACPI 0.300 UNCH 1.2 0.300 69.5 0.687 0.390 0.415 0.400 8567 SALCON 0.405 0.005 1578.7 0.407 274.5
1.670 0.725 1.070 1.060 5085 MUDAJYA 1.070 0.010 356.7 1.069 591.1 1.134 0.762 0.970 0.935 5147 SAMCHEM 0.960 0.025 1343.7 0.959 16.35 3.65 261.1
2.980 2.046 2.820 2.730 5703 MUHIBAH 2.740 -0.020 25.5 2.750 10.78 2.01 1,321.0 0.315 0.110 0.265 0.255 9113 SANBUMI 0.255 UNCH 1642.2 0.259 57.7
0.724 0.394 0.535 0.530 8311 PESONA 0.530 -0.005 133 0.532 17.21 3.77 353.6 2.364 1.850 1.900 1.870 99 SCICOM 1.900 0.010 19.1 1.883 14.64 4.74 675.4
2.490 1.132 2.090 2.020 7055 PLB 2.090 0.030 20 2.059 61.29 0.48 190.8 0.215 0.090 0.190 0.180 7158 SCOMI 0.185 -0.005 6939.7 0.188 354.7
1.273 0.924 1.060 1.060 5070 PRTASCO 1.060 UNCH 214.5 1.060 17.35 5.66 450.2 0.270 0.090 0.175 0.160 7045 SCOMIES 0.165 -0.010 3867.5 0.167 386.4
0.215 0.095 0.140 0.135 7145 PSIPTEK 0.140 0.005 750 0.138 14.29 48.8 1.160 0.950 7053 SEEHUP 1.010 7.13 52.8
4.270 3.201 4.000 3.880 9598 PTARAS 3.880 -0.120 16.9 3.964 17.48 5.15 640.1 0.769 0.665 9792 SEG 0.675 26.47 5.19 853.4
1.390 0.455 0.825 0.800 5205 SENDAI 0.820 -0.005 2368.7 0.812 0.61 638.5 1.911 1.120 1.560 1.500 5250 SEM 1.550 0.050 717.4 1.539 44.54 1.48 1,911.7
2.379 1.513 2.300 2.230 5263 SUNCON 2.300 0.070 673.4 2.279 22.09 2.39 2,973.7 2.100 1.324 1.600 1.480 5218 SENERGY 1.490 -0.120 27326.2 1.528 206.94 0.67 8,928.3
0.415 0.255 0.275 0.270 9717 SYCAL 0.270 -0.010 188.8 0.274 16.17 86.5 2.260 1.475 2.250 2.220 5279 SERBADK 2.240 0.010 2478.2 2.241 8.73 2,990.4
0.860 0.364 0.790 0.770 5054 TRC 0.775 -0.015 2876.8 0.780 9.63 2.45 372.4 9.700 7.348 9.170 8.990 4197 SIME 9.010 UNCH 5935.7 9.021 30.74 3.00 61,275.6
2.320 1.500 1.850 1.820 5622 TRIPLC 1.850 -0.010 34.7 1.828 11.78 127.0 0.749 0.600 9431 SJC 0.600 32.09 1.67 24.3
0.825 0.430 0.610 0.570 5042 TSRCAP 0.610 UNCH 8 0.574 10.05 106.4 1.380 1.000 1.030 1.000 5242 SOLID 1.020 -0.010 10.7 1.013 33.12 0.78 170.8
0.165 0.110 0.155 0.145 7070 VIZIONE 0.145 UNCH 29851.8 0.150 131.82 126.9 2.151 1.630 1.770 1.630 6084 STAR 1.660 -0.120 3740.3 1.670 29.59 9.04 1,226.0
1.680 0.890 1.250 1.240 3565 WCEHB 1.240 0.010 196.6 1.244 32.46 1,243.4 3.090 2.262 2.880 2.810 9865 SUIWAH 2.810 -0.070 1.5 2.857 16.84 1.25 171.4
2.467 1.575 1.770 1.730 9679 WCT 1.770 0.010 1663 1.757 27.83 1.68 2,505.2 0.100 0.045 0.060 0.055 1201 SUMATEC 0.060 0.005 3500 0.056 232.0
0.670 0.535 0.570 0.555 7028 ZECON 0.570 UNCH 33 0.559 4.84 74.7 1.951 1.217 1.850 1.790 5211 SUNWAY 1.790 -0.040 4378 1.811 13.55 2.63 8,811.6
0.185 0.100 0.130 0.125 2283 ZELAN 0.130 0.010 941.2 0.129 109.8 2.257 1.865 2.080 2.060 6521 SURIA 2.070 -0.010 126.5 2.074 9.74 3.38 596.5
TRADING SERVICES 0.345 0.235 0.245 0.245 5173 SYSCORP 0.245 UNCH 138 0.245 51.04 294.0
0.550 0.350 0.380 0.375 5238 AAX 0.375 -0.005 10631.5 0.376 18.29 1,555.6 0.490 0.285 0.400 0.390 7228 T7GLOBAL 0.395 -0.005 1160.8 0.392 21.01 150.7
0.240 0.135 0.165 0.165 5166 AEGB 0.165 -0.005 813.7 0.165 67.6 1.722 1.370 1.400 1.370 8524 TALIWRK 1.370 -0.020 249 1.382 25.85 5.84 1,657.0
2.871 1.980 2.060 2.030 6599 AEON 2.040 -0.010 131.6 2.045 35.85 1.47 2,864.2 2.667 1.419 2.350 2.340 5140 TASCO 2.340 -0.010 3.1 2.341 14.76 1.92 468.0
0.435 0.160 0.325 0.310 7315 AHB 0.320 UNCH 456 0.315 10.96 51.2 14.800 12.832 14.380 14.300 5347 TENAGA 14.320 -0.040 6597.2 14.32 11.65 2.72 81,037.1
3.530 2.014 3.470 3.420 5099 AIRASIA 3.440 0.010 4957 3.445 6.53 5.23 11,496.4 1.573 0.995 1.010 0.995 8702 TEXCHEM 1.000 -0.010 104.5 1.004 54.05 20.00 124.1
9.336 5.838 8.660 8.520 5014 AIRPORT 8.520 -0.030 1123.8 8.568 122.94 1.29 14,136.3 0.195 0.045 0.075 0.070 7206 THHEAVY 0.070 -0.010 892.4 0.074 78.5
0.370 0.110 0.230 0.210 5115 ALAM 0.215 -0.010 17614.6 0.215 198.8 6.594 5.601 6.440 6.340 4863 TM 6.340 -0.070 1298.9 6.351 31.68 3.41 23,825.3
0.270 0.070 0.090 0.090 159 AMEDIA 0.090 -0.005 20 0.090 21.6 0.990 0.730 0.850 0.820 101 TMCLIFE 0.830 0.015 1969.1 0.836 69.17 0.14 1,441.1
8.266 7.002 7.320 7.280 6351 AMWAY 7.320 UNCH 2.1 7.284 22.02 2.73 1,203.3 1.806 1.459 1.550 1.540 8397 TNLOGIS 1.550 0.010 30.9 1.546 9.56 1.29 709.9
2.359 2.133 7083 ANALABS 2.190 11.39 1.48 131.5 1.060 0.405 7218 TOCEAN 0.670 52.76 27.5
0.085 0.015 0.025 0.020 5194 APFT 0.020 -0.005 4209.5 0.021 24.8 1.000 0.735 0.790 0.755 5167 TURBO 0.790 UNCH 40.8 0.774 28.01 6.33 85.3
0.825 0.500 0.745 0.715 5210 ARMADA 0.725 -0.010 12125.3 0.728 1.13 4,253.0 2.892 2.400 7137 UMS 2.550 16.16 2.35 103.8
0.220 0.100 0.150 0.140 1481 ASB 0.140 -0.005 1261.3 0.143 33.33 1.79 94.8 0.915 0.271 0.310 0.295 5243 UMWOG 0.300 -0.005 37886.5 0.301 2,464.7
2.863 2.466 2.850 2.740 6399 ASTRO 2.740 -0.100 4926.9 2.805 19.31 4.20 14,274.1 1.294 1.020 1.070 1.060 7091 UNIMECH 1.060 0.010 226 1.060 16.46 2.83 139.1
4.836 4.000 4.200 4.150 7048 ATLAN 4.200 UNCH 2.5 4.170 21.19 3.81 1,065.3 0.730 0.365 0.395 0.395 5754 UTUSAN 0.395 0.005 12 0.395 43.7
0.355 0.305 8885 AVI 0.340 291.9 1.980 1.280 1.430 1.410 7250 UZMA 1.430 -0.010 381.1 1.425 14.20 457.6
1.180 0.739 1.050 1.030 7579 AWC 1.050 0.010 264.9 1.036 12.70 1.43 280.7 1.080 0.600 1.000 0.995 7240 VOIR 0.995 -0.005 133.3 0.997 144.5
5.386 4.085 5.230 5.140 6888 AXIATA 5.210 0.030 12151.4 5.205 78.46 1.54 46,881.1 2.140 1.655 5016 WARISAN 1.980 1.52 133.1
0.653 0.272 0.515 0.490 5021 AYS 0.495 -0.020 1018 0.502 8.13 5.05 188.3 0.580 0.420 7692 WIDETEC 0.500 30.30 22.4
0.740 0.430 0.520 0.495 7251 BARAKAH 0.495 -0.025 1039.3 0.501 408.7 4.291 3.542 3.830 3.730 5246 WPRTS 3.730 -0.120 1267.2 3.764 21.35 3.50 12,719.3
2.209 1.840 2.070 2.040 5248 BAUTO 2.070 0.010 162.5 2.061 24.58 4.90 2,390.0 1.448 1.020 1.070 1.030 5267 XINHWA 1.050 0.020 231.9 1.049 22.11 0.95 226.8
0.495 0.365 0.405 0.395 7241 BHS 0.400 UNCH 434.3 0.400 183.3 0.075 0.020 0.030 0.030 7122 YFG 0.030 UNCH 10 0.030 18.3
0.280 0.170 0.175 0.170 6998 BINTAI 0.170 UNCH 132.6 0.170 49.2 3.680 2.794 3.620 3.510 7293 YINSON 3.550 0.070 5190 3.551 16.53 0.56 3,879.4
6.523 5.750 5.800 5.800 5032 BIPORT 5.800 UNCH 1.2 5.800 17.31 3.79 2,668.0 1.715 1.350 1.370 1.350 4677 YTL 1.350 -0.020 7831 1.359 17.67 3.70 14,729.3
2.760 1.577 2.440 2.420 5275 BISON 2.440 0.020 506.2 2.420 38.30 0.82 756.6 FINANCE
0.410 0.306 0.360 0.350 3395 BJCORP 0.355 0.010 13659.5 0.355 12.50 1,747.9 4.400 3.446 3.940 3.790 2488 ABMB 3.800 -0.140 1405.5 3.824 11.28 4.21 5,882.8
1.956 1.380 1.500 1.490 5196 BJFOOD 1.500 -0.010 26.1 1.496 47.77 572.0 13.674 11.980 12.880 12.800 5139 AEONCR 12.820 -0.020 597.6 12.821 10.47 3.28 2,769.1
0.700 0.390 0.400 0.395 4219 BJLAND 0.400 0.005 203 0.400 5.98 2,000.1 2.949 2.057 2.590 2.570 5185 AFFIN 2.580 0.010 109.1 2.579 8.65 2.91 5,012.8
0.470 0.205 6025 BJMEDIA 0.275 64.6 15.600 9.492 14.500 13.680 1163 ALLIANZ 14.020 -0.480 30.3 14.36 8.16 0.64 2,446.5
3.239 2.250 2.450 2.420 1562 BJTOTO 2.440 0.010 682.1 2.438 13.01 5.74 3,296.5 15.100 9.511 1163PA ALLIANZ-PA 14.500 0.74 1,259.3
0.135 0.092 0.100 0.095 7036 BORNOIL 0.100 0.005 4684.7 0.097 10.87 455.7 5.551 3.754 4.420 4.300 1015 AMBANK 4.310 -0.080 3461.2 4.352 9.74 4.08 12,991.1
0.875 0.505 0.620 0.565 9474 BRAHIMS 0.605 0.025 1122 0.600 143.0 1.950 1.263 1.800 1.800 5088 APEX 1.800 0.020 5 1.800 24.56 2.78 384.4
2.900 2.482 2.900 2.840 2771 BSTEAD 2.900 0.020 867.4 2.876 24.15 4.83 5,878.3 4.610 3.889 5258 BIMB 4.350 12.35 2.99 7,124.2
0.620 0.280 0.565 0.530 5257 CARIMIN 0.535 -0.015 3675 0.545 125.1 10.760 7.782 9.990 9.900 1818 BURSA 9.940 -0.010 1050.5 9.943 25.32 3.72 5,342.8
1.990 1.300 1.740 1.740 5245 CARING 1.740 -0.010 1 1.740 28.86 0.86 378.8 7.080 4.394 6.350 6.270 1023 CIMB 6.270 -0.030 21700.7 6.289 13.35 3.19 56,756.7
3.397 2.130 2.240 2.210 2925 CCB 2.210 -0.010 47.1 2.221 11.60 2.26 222.6 0.705 0.320 0.535 0.530 2143 ECM 0.535 0.005 58.9 0.535 57.53 153.3
1.440 0.835 1.140 1.140 7117 CENTURY 1.140 UNCH 206.6 1.140 24.26 2.63 447.7 1.218 1.065 1.170 1.160 5228 ELKDESA 1.170 0.010 108 1.169 11.88 5.74 341.5
0.535 0.385 0.475 0.475 7209 CHEETAH 0.475 -0.025 37 0.475 31.25 1.58 60.6 16.300 12.501 15.960 15.620 5819 HLBANK 15.780 -0.020 638.2 15.77 15.06 2.60 34,206.6
1.490 0.832 1.330 1.320 5273 CHINHIN 1.330 0.010 238.7 1.320 16.20 3.01 740.0 10.100 7.327 5274 HLCAP 9.980 30.43 1.20 2,464.0
0.675 0.417 0.540 0.540 7016 CHUAN 0.540 0.010 5 0.540 12.13 3.33 91.1 17.735 13.892 16.940 16.760 1082 HLFG 16.800 -0.020 135.6 16.82 12.76 2.26 19,278.3
0.100 0.065 0.070 0.065 5104 CNI 0.070 UNCH 927.7 0.065 50.4 2.610 2.590 6688 HWANG 2.610 18.60 1.15 666.0
1.240 0.650 0.760 0.735 5136 COMPLET 0.760 -0.005 88.1 0.745 12.67 94.1 1.140 0.666 0.980 0.965 3379 INSAS 0.975 0.005 1314.7 0.975 3.57 1.03 676.0
0.040 0.020 0.025 0.020 5037 COMPUGT 0.025 UNCH 325 0.023 53.4 0.970 0.896 0.955 0.955 3379PA INSAS-PA 0.955 UNCH 7.4 0.955 6.28 126.6
2.820 1.966 2.500 2.450 5184 CYPARK 2.500 0.030 199 2.464 12.81 2.08 652.5 0.395 0.150 0.265 0.245 3441 JOHAN 0.250 -0.010 5597.6 0.254 155.7
0.865 0.482 0.585 0.575 5276 DANCO 0.585 0.010 835.2 0.577 14.55 2.56 174.3 0.690 0.415 0.540 0.525 6483 KENANGA 0.540 0.015 390.9 0.531 33.13 4.17 390.2
0.105 0.050 0.080 0.075 91 DAYA 0.075 UNCH 7077.5 0.075 143.2 19.302 15.252 17.640 17.520 8621 LPI 17.540 -0.060 13.4 17.56 19.55 4.68 5,823.0
1.290 0.730 1.020 0.995 5141 DAYANG 0.995 -0.015 1008.9 1.004 960.0 0.880 0.771 0.810 0.790 1198 MAA 0.805 UNCH 382.5 0.803 8.59 11.18 220.2
1.112 0.746 0.950 0.920 5132 DELEUM 0.930 -0.015 1107.1 0.944 17.51 3.49 372.2 3.260 2.769 3.220 3.220 1058 MANULFE 3.220 UNCH 3 3.220 11.92 3.26 651.6
0.890 0.555 0.565 0.555 7212 DESTINI 0.555 -0.005 1128.6 0.557 19.07 641.2 9.860 7.250 9.850 9.790 1155 MAYBANK 9.800 -0.020 18244.1 9.818 13.25 5.61 103,766.9
2.110 1.426 2.020 1.990 7277 DIALOG 2.000 UNCH 19571 1.998 29.11 1.20 11,283.3 1.380 0.850 1.190 1.120 1171 MBSB 1.120 -0.050 6756.5 1.152 21.17 2.68 6,635.4
6.537 4.312 5908 DKSH 4.650 16.23 2.04 733.1 2.840 2.440 2.470 2.470 6459 MNRB 2.470 -0.030 1.5 2.470 8.46 789.4
0.683 0.219 0.490 0.475 4456 DNEX 0.475 UNCH 14162.6 0.481 12.06 1.05 833.2 1.830 1.160 1.420 1.380 5237 MPHBCAP 1.380 -0.020 78.9 1.398 16.45 986.7
1.568 1.031 1.220 1.210 5216 DSONIC 1.210 UNCH 536 1.219 28.67 3.31 1,633.5 1.309 1.250 1.280 1.280 6009 P&O 1.280 0.020 6 1.280 27.65 7.58 314.8
0.295 0.155 0.170 0.165 2097 EASTLND 0.165 -0.005 114 0.170 40.5 20.900 18.835 20.640 20.540 1295 PBBANK 20.580 UNCH 7139 20.5 14.99 2.87 79,894.4
0.790 0.350 0.515 0.500 5259 EATECH 0.500 -0.015 727.4 0.505 4.50 252.0 1.887 1.179 1.600 1.570 9296 RCECAP 1.580 -0.010 209.7 1.580 6.40 1.90 561.4
0.370 0.200 5036 EDARAN 0.220 13.2 5.550 4.473 5.160 5.030 1066 RHBBANK 5.030 -0.090 1744.5 5.069 11.40 2.39 20,170.5
0.290 0.165 0.200 0.190 7471 EDEN 0.195 0.005 643.9 0.193 60.7 0.708 0.422 0.665 0.630 4898 TA 0.645 -0.020 1396.4 0.652 3.03 2.64 1,104.2
3.313 2.213 2.740 2.630 1368 EDGENTA 2.660 -0.020 173.4 2.664 18.10 3.01 2,212.1 4.250 3.580 3.800 3.760 6139 TAKAFUL 3.780 0.030 209.6 3.776 16.70 4.15 3,111.5
0.590 0.220 0.375 0.360 64 EFFICEN 0.360 -0.005 2888.2 0.367 255.3 1.620 0.980 1.150 1.130 5230 TUNEPRO 1.150 0.020 1761.6 1.137 15.48 4.52 864.5
0.976 0.758 0.830 0.830 5081 EIG 0.830 UNCH 5 0.830 17.44 3.61 196.9 PROPERTIES
2.087 1.090 1.780 1.750 5208 EITA 1.760 UNCH 55 1.759 11.70 2.27 228.8 0.852 0.713 0.795 0.795 1007 AMPROP 0.795 0.005 24.9 0.795 46.76 3.77 483.8
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
FRIDAY SE P T E MBE R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE 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)
1.850 0.990 5959 A&M 1.280 25.30 467.3 4.800 1.727 4.580 4.470 97 VITROX 4.500 -0.070 130 4.510 28.23 0.72 2,115.4
0.409 0.328 0.390 0.390 1007PA AMPROP-PA 0.390 -0.005 0.5 0.390 5.13 113.1 1.750 0.680 1.220 1.180 8 WILLOW 1.200 0.010 158.8 1.197 14.63 1.67 297.6
0.230 0.145 0.165 0.150 4057 ASIAPAC 0.160 0.010 3713.2 0.159 14.29 160.8 INFRASTRUCTURE PROJECT COMPANIES
0.550 0.420 0.455 0.440 6602 BCB 0.455 UNCH 15 0.448 18.50 187.7 5.087 4.583 4.910 4.840 6947 DIGI 4.900 -0.010 1314.5 4.893 24.65 4.02 38,097.5
0.665 0.425 9814 BERTAM 0.465 1.87 96.1 5.994 5.293 5.750 5.750 6645 LITRAK 5.750 -0.010 10.2 5.750 14.06 5.22 3,033.9
1.400 0.730 1.180 1.160 3239 BJASSET 1.180 0.010 319.7 1.174 1,403.2 0.372 0.215 0.245 0.240 5078 M&G 0.240 UNCH 512.5 0.240 20.83 173.7
1.500 1.040 1.300 1.300 5738 CHHB 1.300 UNCH 40 1.300 358.4 1.180 0.700 0.725 0.710 6807 PUNCAK 0.725 0.005 713.1 0.722 325.7
1.706 1.390 1.480 1.480 6718 CRESNDO 1.480 UNCH 31 1.480 6.06 3.38 415.1 9.900 7.490 8.930 8.850 5031 TIMECOM 8.850 -0.040 720.1 8.907 19.77 2.25 5,145.9
1.720 1.244 1.620 1.620 5049 CVIEW 1.620 UNCH 10.9 1.620 5.42 9.26 162.0 1.539 1.360 1.370 1.360 6742 YTLPOWR 1.360 UNCH 1273.9 1.363 15.65 3.68 11,074.9
2.390 2.100 2.270 2.270 5355 DAIMAN 2.270 0.010 9 2.270 20.16 2.42 481.7 CLOSED-END FUNDS
1.040 0.500 0.580 0.555 3484 DBHD 0.560 -0.035 253.7 0.568 173.2 2.690 2.350 2.660 2.630 5108 ICAP 2.660 0.010 6.5 2.645 231.30 372.4
2.089 1.373 1.570 1.540 3417 E&O 1.560 UNCH 171.8 1.556 18.82 1.92 2,069.7 EXCHANGE TRADED FUNDS
0.325 0.250 0.300 0.290 3557 ECOFIRS 0.290 -0.010 1365.7 0.292 14.87 232.9 1.137 1.070 0800EA ABFMY1 1.137 5.00 1,501.3
1.720 1.280 1.590 1.570 8206 ECOWLD 1.570 -0.010 2439 1.575 21.13 4,622.7 2.210 1.680 2.190 2.150 0822EA CIMBA40 2.190 -0.020 40 2.170 3.37 3.0
0.920 0.570 0.780 0.750 6076 ENCORP 0.780 0.010 18.1 0.766 6.33 229.3 1.670 1.290 1.630 1.630 0823EA CIMBC50 1.630 -0.020 0.2 1.630 15.9
3.180 1.930 8613 ENRA 2.800 33.94 1.07 381.4 1.865 1.700 1.855 1.855 0820EA FBMKLCI-EA 1.855 UNCH 0.6 1.855 1.78 3.1
1.240 0.740 1.060 1.060 6815 EUPE 1.060 0.010 11.5 1.060 135.7 1.090 0.977 0826EA METFAPA 1.020 19.4
1.360 1.000 1.090 1.070 5283 EWINT 1.070 -0.030 765.7 1.078 2,568.0 0.952 0.895 0825EA METFSID 0.895 2.61 47.4
0.617 0.468 0.510 0.505 6041 FARLIM 0.510 0.010 33 0.508 10.28 3.92 71.6 1.115 1.045 0821EA MYETFDJ 1.095 2.04 304.3
0.763 0.610 0.650 0.640 5020 GLOMAC 0.640 -0.010 149.2 0.643 4.26 4.69 465.8 1.110 1.015 0824EA MYETFID 1.070 1.42 54.4
0.523 0.367 0.410 0.410 9962 GMUTUAL 0.410 0.025 0.1 0.410 9.30 4.88 154.0 REITS
0.470 0.290 0.405 0.395 1147 GOB 0.395 -0.010 1519.9 0.398 8.08 1.27 179.6 1.000 0.880 0.885 0.880 4952 AHP 0.880 -0.010 33 0.884 66.17 4.77 193.6
1.450 1.110 1.150 1.140 1503 GUOCO 1.150 UNCH 32.4 1.142 6.33 1.74 805.5 1.615 1.378 1.450 1.450 5116 ALAQAR 1.450 -0.020 0.3 1.450 17.58 5.21 1,055.9
0.570 0.370 0.450 0.450 7010 HOOVER 0.450 -0.005 12 0.450 44.12 18.0 1.030 0.966 1.000 0.990 5269 ALSREIT 0.990 -0.005 2731 1.000 11.54 6.31 574.2
1.374 0.781 0.835 0.835 5062 HUAYANG 0.835 UNCH 1 0.835 7.58 4.79 293.9 0.828 0.705 0.715 0.710 5120 AMFIRST 0.715 0.005 569.1 0.714 21.80 5.68 490.8
0.648 0.537 0.570 0.565 4251 IBHD 0.565 UNCH 227.1 0.565 8.03 3.33 569.5 0.965 0.863 0.950 0.940 5127 ARREIT 0.940 UNCH 85.6 0.945 13.66 5.97 538.8
1.050 0.755 0.915 0.860 5084 IBRACO 0.915 0.055 8 0.868 32.45 3.83 454.2 1.210 0.978 5130 ATRIUM 1.140 22.71 5.96 138.9
2.938 2.318 2.840 2.830 1597 IGB 2.830 UNCH 91.6 2.830 9.84 3.53 3,863.8 1.689 1.497 1.600 1.560 5106 AXREIT 1.570 0.020 237.4 1.594 16.32 5.39 1,735.1
2.312 1.798 2.040 2.010 5249 IOIPG 2.020 -0.010 3069 2.019 11.06 2.97 11,122.4 1.664 1.420 1.430 1.420 5180 CMMT 1.420 -0.010 76.4 1.429 18.93 5.89 2,893.6
0.620 0.370 0.385 0.385 5175 IVORY 0.385 UNCH 15 0.385 16.11 188.7 1.532 1.192 1.290 1.270 5121 HEKTAR 1.280 UNCH 236.5 1.278 12.44 8.93 591.3
3.290 0.785 1.310 1.260 1589 IWCITY 1.260 UNCH 6791.4 1.288 1,055.1 1.750 1.406 1.710 1.700 5227 IGBREIT 1.710 0.010 589.5 1.703 21.16 5.08 5,999.1
0.154 0.095 0.105 0.105 6769 JKGLAND 0.105 0.005 24.5 0.105 15.44 2.19 238.9 1.008 0.881 0.940 0.935 5280 KIPREIT 0.940 -0.010 152 0.936 22.27 3.11 475.0
0.085 0.040 0.065 0.065 3115 KBUNAI 0.065 UNCH 302 0.065 14.13 375.5 8.007 7.187 7.810 7.790 5235SS KLCC 7.800 UNCH 1298.1 7.800 16.00 4.57 14,081.6
1.100 0.798 0.930 0.915 7323 KEN 0.930 -0.010 16 0.923 4.28 2.69 178.3 1.320 1.129 1.290 1.280 5123 MQREIT 1.280 -0.010 20.1 1.285 15.76 9.91 1,367.0
1.330 0.995 1.250 1.250 5038 KSL 1.250 UNCH 136.5 1.250 4.07 1,296.9 1.866 1.551 1.740 1.720 5212 PAVREIT 1.720 -0.020 1915.1 1.725 17.17 4.67 5,211.8
0.305 0.210 0.225 0.220 3174 L&G 0.220 -0.005 8430.7 0.225 7.38 644.4 1.749 1.547 1.740 1.710 5176 SUNREIT 1.720 -0.020 911.5 1.720 11.94 5.34 5,065.5
1.287 1.040 1.040 1.040 8494 LBICAP 1.040 -0.050 2.5 1.040 10.10 83.9 1.220 1.095 1.220 1.210 5111 TWRREIT 1.210 0.010 225.4 1.212 17.36 5.73 339.4
2.057 1.546 1.820 1.800 5789 LBS 1.800 -0.030 498.5 1.800 11.20 2.22 1,221.4 1.796 1.620 1.630 1.630 5110 UOAREIT 1.630 UNCH 110.2 1.630 15.36 5.79 689.3
0.460 0.235 0.355 0.350 3573 LIENHOE 0.355 0.005 29.7 0.352 128.4 1.210 1.025 1.200 1.180 5109 YTLREIT 1.190 UNCH 1033 1.189 5.87 2,028.2
1.690 0.941 1.400 1.400 7617 MAGNA 1.400 -0.010 3.5 1.400 70.00 4.29 468.9 SPAC
1.615 1.281 1.500 1.470 8583 MAHSING 1.490 UNCH 393.8 1.490 11.17 4.36 3,602.5 0.720 0.700 5234 CLIQ 0.720 454.3
1.940 0.594 1.220 1.170 6181 MALTON 1.200 0.020 4994.3 1.201 9.58 2.08 633.4 0.480 0.475 5241 SONA 0.475 670.1
2.290 1.798 2.220 2.200 5236 MATRIX 2.220 -0.010 346.9 2.214 8.88 4.95 1,640.3
1.880 1.000 1.600 1.590 7189 MBWORLD 1.600 UNCH 69 1.599 6.65 251.8
1.200 0.750 0.890 0.860 5182 MCT 0.890 0.010 25.4 0.876 18.74 1,188.0
0.525 0.405 0.425 0.420 5040 MEDAINC 0.425 0.010 146 0.423 37.61 209.3
1.020 0.680 0.915 0.910 1694 MENANG 0.915 0.005 269.8 0.915 21.58 244.4
0.605 0.250
2.614 2.060
0.395

0.385

8141
6114
MJPERAK
MKH
0.390
2.180
-0.010

205.6

0.391 92.86
5.62
5.49
3.11
100.3
1,227.1 Ace Market
0.360 0.260 0.265 0.260 8893 MKLAND 0.260 UNCH 158.4 0.260 17.33 313.9 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
0.215 0.085 6548 MPCORP 0.150 43.1 HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
1.761 1.000 1.040 1.010 1651 MRCB 1.040 0.030 15005.5 1.028 8.72 2.64 2,280.3
1.080 0.540 0.570 0.540 9539 MUH 0.540 -0.070 2 0.567 30.5 CONSUMER PRODUCTS
0.365 0.230 0.310 0.285 3913 MUIPROP 0.300 0.010 104.9 0.296 333.33 229.2 0.285 0.195 0.265 0.260 179 BIOHLDG 0.260 -0.005 1484.1 0.260 20.31 210.1
1.900 1.140 1.250 1.240 5073 NAIM 1.250 0.030 150 1.246 312.5 0.310 0.200 0.210 0.205 170 KANGER 0.210 0.005 87 0.208 22.11 167.7
2.949 2.192 5827 OIB 2.520 9.48 2.78 365.1 0.450 0.200 0.345 0.340 148 SUNZEN 0.345 -0.005 150.3 0.344 50.00 166.4
1.679 1.322 1.600 1.590 5053 OSK 1.600 0.020 135.2 1.591 9.08 4.69 2,244.6 0.065 0.025 0.055 0.050 95 XINGHE 0.055 Unch 272.5 0.054 4.44 129.2
1.849 1.285 1.720 1.690 1724 PARAMON 1.690 -0.050 70.8 1.710 11.07 5.03 717.1 INDUSTRIAL PRODUCTS
0.695 0.445 0.635 0.630 6912 PASDEC 0.630 0.005 315.6 0.631 180.2 0.245 0.137 0.170 0.165 105 ASIAPLY 0.170 0.005 107.5 0.169 18.68 2.94 56.7
1.820 1.540 1.630 1.630 5075 PLENITU 1.630 0.010 7.6 1.630 12.35 2.76 621.9 0.285 0.090 0.125 0.120 72 AT 0.125 0.005 4470.6 0.121 51.6
0.425 0.225 0.405 0.370 2208 PTGTIN 0.375 -0.020 989.8 0.385 129.8 0.445 0.245 0.320 0.315 163 CAREPLS 0.320 Unch 1173.4 0.317 162.0
1.270 0.900 0.960 0.950 4596 SAPRES 0.960 0.010 72.9 0.959 1.28 3.13 134.0 0.330 0.110 0.195 0.190 102 CONNECT 0.190 -0.005 186.5 0.193 20.43 61.1
0.820 0.660 0.680 0.665 5207 SBCCORP 0.680 0.010 256.6 0.675 159.7 0.520 0.335 0.350 0.350 100 ESCERAM 0.350 -0.010 40 0.350 11.29 1.71 71.9
1.170 0.785 1.130 1.120 2224 SDRED 1.120 -0.020 39.5 1.130 8.57 2.23 477.3 0.350 0.215 0.310 0.305 175 HHGROUP 0.305 Unch 630 0.309 217.86 94.2
0.580 0.370 0.440 0.430 4286 SEAL 0.430 -0.005 48.5 0.435 104.5 0.145 0.065 0.115 0.110 160 HHHCORP 0.110 Unch 3053.6 0.112 17.46 36.7
2.860 2.704 2.820 2.820 6017 SHL 2.820 UNCH 2.9 2.820 8.45 7.09 682.8 0.555 0.175 0.405 0.390 162 IJACOBS 0.390 -0.005 2535.8 0.401 22.41 52.9
0.305 0.140 0.230 0.220 4375 SMI 0.225 -0.005 564.8 0.225 1.57 47.2 0.165 0.095 0.135 0.130 24 JAG 0.130 Unch 1741.5 0.130 17.57 0.77 164.6
1.000 0.690 0.800 0.800 5213 SNTORIA 0.800 UNCH 20 0.800 11.16 399.3 0.250 0.125 0.185 0.185 25 LNGRES 0.185 Unch 318 0.185 19.27 44.8
5.190 4.211 4.800 4.740 1783 SPB 4.770 UNCH 15.3 4.775 12.65 2.52 1,639.1 0.150 0.040 0.070 0.060 70 MQTECH 0.060 -0.005 19305.3 0.065 24.9
4.264 2.937 3.420 3.340 8664 SPSETIA 3.400 UNCH 2296.4 3.393 4.96 5.88 10,153.6 0.860 0.365 0.700 0.685 49 OCNCASH 0.685 -0.015 261.6 0.688 14.07 1.02 152.8
1.590 0.895 1.450 1.440 3743 SUNSURIA 1.450 UNCH 112.6 1.446 14.20 1,158.3 0.610 0.130 0.285 0.270 38 PTB 0.280 -0.005 221.3 0.281 42.1
1.035 0.604 0.890 0.880 1538 SYMLIFE 0.890 0.010 86 0.885 6.18 3.37 275.9 0.175 0.150 0.165 0.160 133 SANICHI 0.160 -0.005 223.2 0.160 47.4
0.410 0.215 0.385 0.365 5158 TAGB 0.365 -0.010 2163.7 0.374 7.43 1.10 1,942.4 0.060 0.025 0.030 0.030 109 SCBUILD 0.030 Unch 1117.2 0.030 26.5
7.600 6.135 2305 TAHPS 7.000 31.63 0.71 524.0 0.220 0.110 0.170 0.170 1 SCOMNET 0.170 0.005 261.9 0.170 16.50 41.3
0.055 0.035 0.050 0.045 2259 TALAMT 0.045 -0.005 20.7 0.045 189.9 0.289 0.142 0.230 0.215 28 SCOPE 0.230 0.015 714.1 0.224 28.05 2.17 128.9
1.465 1.130 1.150 1.130 5191 TAMBUN 1.140 -0.010 172.3 1.144 4.68 8.77 494.0 0.290 0.120 0.185 0.180 55 SERSOL 0.180 Unch 255 0.182 38.8
0.140 0.055 0.125 0.115 2429 TANCO 0.115 -0.005 2205.3 0.120 76.1 1.030 0.177 0.995 0.970 84 TECFAST 0.975 -0.010 929.9 0.977 41.85 0.51 166.8
0.315 0.170 7889 THRIVEN 0.240 90.4 TECHNOLOGY
0.085 0.040 0.065 0.055 7079 TIGER 0.060 UNCH 139171 0.060 93.4 0.995 0.160 0.670 0.635 18 ACCSOFT 0.660 Unch 277.1 0.649 28.45 549.6
1.930 1.380 1.400 1.400 5239 TITIJYA 1.400 -0.010 10.1 1.400 7.16 0.36 574.0 0.750 0.160 0.630 0.610 181 AEMULUS 0.610 Unch 6554.9 0.620 73.49 267.7
1.044 0.925 0.935 0.925 5401 TROP 0.925 -0.005 238.6 0.926 9.00 2.67 1,355.8 0.455 0.195 0.355 0.350 119 APPASIA 0.350 -0.005 164.5 0.351 109.8
1.360 0.995 1.140 1.120 5148 UEMS 1.130 0.010 718.6 1.128 20.93 1.42 5,127.3 0.450 0.145 0.150 0.150 68 ASDION 0.150 Unch 10 0.150 17.4
2.680 2.096 2.550 2.530 5200 UOADEV 2.530 0.010 166.4 2.534 6.12 5.93 4,387.6 1.090 0.615 0.665 0.645 98 BAHVEST 0.645 -0.025 553.9 0.652 387.0
0.525 0.229 0.345 0.340 6378 WMG 0.345 -0.005 29.1 0.345 147.0 0.764 0.590 0.605 0.600 191 CABNET 0.605 Unch 39.5 0.602 9.92 78.7
1.279 0.866 0.955 0.955 7003 Y&G 0.955 UNCH 0.7 0.955 14.71 190.4 0.065 0.030 0.055 0.050 152 DGB 0.050 Unch 1655.1 0.051 26.9
1.630 1.330 1.410 1.390 3158 YNHPROP 1.400 UNCH 234.8 1.403 21.94 740.6 0.075 0.025 0.035 0.035 131 DGSB 0.035 Unch 264.1 0.035 58.33 47.5
1.620 1.100 1.620 1.600 7066 YONGTAI 1.610 -0.010 808.9 1.609 45.61 701.5 0.068 0.028 0.055 0.045 154 EAH 0.050 0.005 35926.5 0.050 25.00 173.9
0.670 0.550 0.570 0.560 2577 YTLLAND 0.565 -0.005 56 0.564 55.94 477.1 0.260 0.120 0.135 0.125 107 EDUSPEC 0.125 Unch 1714.1 0.130 116.6
MINING 0.295 0.065 0.270 0.255 116 FOCUS 0.270 0.015 2397.5 0.266 209.8
1.630 1.150 1.500 1.450 2186 KUCHAI 1.500 UNCH 5.1 1.451 4.14 0.57 185.6 1.470 0.815 1.350 1.290 104 GENETEC 1.290 -0.020 129.5 1.303 45.8
PLANTATIONS 0.759 0.431 0.620 0.605 39 GFM 0.610 0.005 385.1 0.607 24.90 2.38 261.1
0.285 0.195 0.220 0.220 7054 AASIA 0.220 -0.010 11 0.220 145.2 0.090 0.035 0.065 0.065 45 GNB 0.065 Unch 200.1 0.065 18.8
19.575 17.198 19.120 19.060 1899 BKAWAN 19.080 0.020 33 19.098 12.14 2.88 8,317.9 0.185 0.070 0.155 0.155 74 GOCEAN 0.155 Unch 175.1 0.155 258.33 40.8
8.639 8.380 8.400 8.400 5069 BLDPLNT 8.400 UNCH 0.1 8.400 50.48 0.48 785.4 0.100 0.040 0.075 0.070 174 IDMENSN 0.075 0.010 1937.4 0.070 37.1
1.666 1.349 1.610 1.600 5254 BPLANT 1.600 UNCH 544.8 1.601 16.61 8.75 2,560.0 0.533 0.227 0.410 0.390 23 IFCAMSC 0.410 Unch 8161.5 0.403 24.12 1.22 249.4
1.000 0.658 0.915 0.905 8982 CEPAT 0.915 UNCH 252.3 0.910 8.73 1.64 291.4 0.100 0.060 0.080 0.075 94 INIX 0.080 0.005 456.2 0.075 29.63 20.3
8.244 7.360 7.820 7.820 1929 CHINTEK 7.820 0.020 2 7.820 40.25 2.43 714.5 0.220 0.100 0.175 0.170 10 IRIS 0.170 -0.005 2205 0.173 420.2
0.660 0.385 0.595 0.570 3948 DUTALND 0.575 -0.020 3729 0.579 36.86 486.5 2.290 0.450 2.150 2.100 146 JFTECH 2.150 Unch 167.3 2.129 42.49 0.93 270.9
9.800 7.205 5029 FAREAST 9.200 8.44 3.26 1,300.8 3.420 0.594 3.160 3.070 127 JHM 3.090 0.040 872 3.115 27.27 812.1
2.457 1.412 1.710 1.670 5222 FGV 1.680 -0.020 4766.5 1.687 94.38 0.60 6,128.9 0.270 0.130 0.185 0.185 111 K1 0.185 Unch 470 0.185 96.0
11.614 10.066 10.480 10.260 2291 GENP 10.400 0.020 196.4 10.402 18.58 1.30 8,355.1 0.460 0.102 0.120 0.110 36 KGROUP 0.115 Unch 1396.6 0.115 49.2
0.663 0.506 0.595 0.595 7382 GLBHD 0.595 UNCH 33.8 0.595 48.77 1.68 132.6 1.130 0.230 0.985 0.930 176 KRONO 0.930 -0.040 8647.2 0.959 23.31 276.6
1.410 1.105 2135 GOPENG 1.400 47.14 2.86 251.1 0.130 0.045 0.090 0.085 17 M3TECH 0.090 Unch 3236.9 0.088 52.8
0.890 0.670 0.710 0.710 7501 HARNLEN 0.710 0.010 10 0.710 37.17 131.7 0.450 0.220 0.420 0.410 75 MEXTER 0.410 0.005 411.6 0.413 91.6
2.670 2.276 2.660 2.660 5138 HSPLANT 2.660 UNCH 9 2.660 14.12 5.45 2,128.0 0.590 0.420 0.435 0.435 155 MGRC 0.435 -0.005 3.5 0.435 67.97 45.0
3.616 2.860 2.920 2.860 2216 IJMPLNT 2.860 -0.070 181.1 2.886 23.60 2.45 2,518.5 1.340 0.855 1.070 1.020 126 MICROLN 1.030 -0.040 699.3 1.044 29.01 172.4
0.734 0.650 0.685 0.685 2607 INCKEN 0.685 UNCH 13.3 0.685 201.47 1.64 288.2 0.595 0.319 0.465 0.460 112 MIKROMB 0.460 -0.005 960.5 0.462 18.11 1.72 198.2
1.475 0.649 1.270 1.250 6262 INNO 1.270 0.010 1.1 1.268 15.53 1.57 608.1 0.465 0.065 0.100 0.095 85 MLAB 0.095 Unch 15274.8 0.095 47.50 54.2
4.757 4.208 4.590 4.510 1961 IOICORP 4.580 0.070 6125.6 4.561 39.28 2.07 28,780.1 0.265 0.160 0.250 0.225 34 MMAG 0.225 -0.020 7728.1 0.236 61.8
25.137 22.521 24.880 24.480 2445 KLK 24.540 0.060 1146.3 24.523 22.95 2.04 26,196.6 2.028 0.498 1.840 1.780 113 MMSV 1.800 Unch 807.2 1.807 16.92 1.11 293.4
3.690 2.990 2453 KLUANG 3.580 122.60 0.28 226.2 0.160 0.055 0.070 0.070 103 MNC 0.070 Unch 100 0.070 38.89 33.5
3.980 3.074 3.960 3.900 5027 KMLOONG 3.960 0.060 58.4 3.948 14.85 3.79 1,234.7 0.310 0.150 0.245 0.240 156 MPAY 0.245 -0.005 2928.7 0.245 174.1
0.695 0.491 0.560 0.555 1996 KRETAM 0.560 UNCH 125 0.559 29.63 1.79 1,303.5 0.735 0.130 0.215 0.205 92 MTOUCHE 0.215 0.005 8116.6 0.208 50.00 27.4
1.750 1.290 6572 KWANTAS 1.520 11.23 473.7 1.050 0.616 0.980 0.955 108 N2N 0.955 -0.015 2949.9 0.967 23.07 2.09 455.7
1.550 1.240 4936 MALPAC 1.290 96.8 0.110 0.015 0.060 0.055 20 NETX 0.060 0.005 5073.8 0.055 66.67 75.8
0.963 0.790 0.875 0.870 5026 MHC 0.870 -0.005 16.8 0.871 10.33 1.72 171.0 0.065 0.035 0.040 0.035 96 NEXGRAM 0.035 -0.005 590.1 0.038 65.9
2.388 1.700 5047 NPC 1.900 6.25 0.53 228.0 0.115 0.070 0.080 0.080 26 NOVAMSC 0.080 Unch 10 0.080 54.7
4.239 3.900 2038 NSOP 3.920 31.74 1.53 275.2 0.662 0.536 0.555 0.550 35 OPCOM 0.550 Unch 42.3 0.552 16.13 7.27 88.7
0.315 0.190 0.220 0.215 1902 PINEPAC 0.215 -0.010 90 0.219 32.2 0.408 0.310 0.325 0.320 40 OPENSYS 0.325 -0.005 106.8 0.325 19.94 3.08 96.8
1.380 0.920 9695 PLS 1.000 326.7 0.380 0.125 0.135 0.130 79 ORION 0.130 Unch 521 0.131 77.9
0.550 0.400 0.440 0.415 5113 RSAWIT 0.415 -0.020 197 0.419 588.7 0.260 0.055 0.220 0.200 5 PALETTE 0.210 -0.005 6106.9 0.208 67.1
4.100 3.444 2542 RVIEW 3.660 15.05 1.64 237.4 0.230 0.135 0.165 0.160 123 PRIVA 0.165 Unch 758.1 0.165 92.1
3.280 2.900 3.120 3.080 2569 SBAGAN 3.120 0.040 11.4 3.084 0.64 207.0 0.175 0.055 0.145 0.135 7 PUC 0.140 Unch 25169.5 0.140 58.33 174.8
0.720 0.505 4316 SHCHAN 0.600 72.0 0.980 0.548 0.840 0.830 106 REXIT 0.830 Unch 307.1 0.835 19.67 4.82 157.1
4.030 3.480 4.000 3.980 5126 SOP 4.000 UNCH 2934.7 3.999 10.19 1.25 2,283.2 0.375 0.218 0.340 0.330 178 SEDANIA 0.330 Unch 1319.4 0.333 3.03 74.5
1.850 1.520 1.600 1.590 5135 SWKPLNT 1.590 0.030 12 1.598 11.00 445.2 0.190 0.055 0.120 0.115 60 SKH 0.115 -0.005 831.5 0.116 47.92 63.8
0.730 0.500 0.510 0.505 2054 TDM 0.510 UNCH 96.2 0.508 49.04 0.98 845.5 0.300 0.155 0.165 0.165 117 SMRT 0.165 Unch 298 0.165 59.6
1.207 0.998 5112 THPLANT 1.110 5.95 5.41 981.1 0.185 0.100 0.160 0.145 169 SMTRACK 0.150 -0.005 11070.2 0.152 16.9
1.928 1.560 1.660 1.640 9059 TSH 1.650 UNCH 269.1 1.650 43.88 1.21 2,280.0 0.355 0.232 0.285 0.285 93 SOLUTN 0.285 Unch 247.7 0.285 8.26 3.51 87.3
6.830 5.330 6.420 6.400 2593 UMCCA 6.400 -0.100 576.9 6.401 15.31 3.13 1,340.5 0.360 0.080 0.155 0.140 129 SRIDGE 0.150 Unch 785.5 0.147 18.2
28.700 25.323 27.400 27.280 2089 UTDPLT 27.400 UNCH 8.2 27.372 14.80 1.46 5,702.9 0.470 0.155 0.405 0.395 50 SYSTECH 0.395 -0.010 2222.5 0.400 52.67 0.76 137.3
HOTELS 0.190 0.140 0.150 0.145 132 TDEX 0.150 0.005 591.2 0.145 136.36 62.0
0.628 0.483 0.535 0.525 5592 GCE 0.530 0.005 102.2 0.530 3.77 104.4 1.480 0.214 1.150 1.100 120 VIS 1.110 -0.040 1313.7 1.116 19.30 0.45 122.9
1.000 0.680 0.760 0.740 1643 LANDMRK 0.750 -0.010 180.1 0.750 396.7 0.210 0.115 0.135 0.130 69 VIVOCOM 0.130 -0.005 5839 0.133 20.97 428.7
0.230 0.115 0.150 0.145 1287 PMHLDG 0.150 UNCH 229.2 0.147 139.3 0.145 0.065 0.105 0.100 66 VSOLAR 0.105 0.005 1184.8 0.102 39.2
5.620 4.860 5.250 5.130 5517 SHANG 5.150 -0.100 30 5.203 29.46 2.72 2,266.0 0.070 0.020 141 WINTONI 0.035 18.0
TECHNOLOGY 0.275 0.080 0.190 0.185 86 YGL 0.190 -0.005 274 0.188 44.1
0.715 0.585 7031 AMTEL 0.630 57.27 31.0 TRADING SERVICES
0.420 0.180 0.285 0.280 5195 CENSOF 0.280 UNCH 639.8 0.285 140.5 0.400 0.150 122 AIM 0.300 79.8
0.400 0.105 0.290 0.280 51 CUSCAPI 0.285 UNCH 2146.9 0.284 137.6 0.165 0.060 0.125 0.115 48 ANCOMLB 0.120 -0.005 445.2 0.121 56.8
0.729 0.283 0.545 0.540 7204 D&O 0.545 0.005 387.4 0.541 35.86 545.0 0.240 0.125 0.145 0.140 150 ASIABIO 0.140 -0.005 2559.1 0.141 1.14 63.0
0.710 0.110 0.405 0.385 8338 DATAPRP 0.385 -0.005 4564.2 0.393 162.2 0.275 0.155 0.175 0.170 187 BCMALL 0.175 0.005 2464.9 0.173 38.04 73.7
0.235 0.140 0.150 0.145 29 DIGISTA 0.145 UNCH 1566 0.145 86.9 0.392 0.291 11 BTECH 0.325 20.06 4.92 81.9
1.578 1.304 1.370 1.370 5162 ECS 1.370 -0.010 7 1.370 8.62 4.38 246.6 0.320 0.170 157 FOCUSP 0.180 29.7
1.510 0.539 1.450 1.380 65 EFORCE 1.400 -0.050 1316.7 1.409 90.91 0.89 579.2 1.210 0.386 1.150 1.130 185 HSSEB 1.140 0.010 1074.4 1.141 23.95 0.55 363.8
2.917 1.159 2.610 2.580 90 ELSOFT 2.610 0.010 89.3 2.608 22.03 1.92 718.1 0.900 0.540 0.720 0.715 147 INNITY 0.715 -0.005 31 0.717 68.10 99.0
1.870 0.790 1.650 1.590 21 GHLSYS 1.620 -0.020 648.8 1.621 53.82 0.31 1,068.3 0.310 0.210 0.220 0.210 180 KTC 0.210 -0.005 397.3 0.211 95.45 107.2
0.455 0.210 0.350 0.340 82 GPACKET 0.340 -0.005 986.8 0.342 3.10 258.0 0.350 0.130 0.210 0.210 167 MCLEAN 0.210 Unch 20 0.210 100.00 37.5
0.280 0.175 0.255 0.235 56 GRANFLO 0.255 0.015 802.3 0.244 123.2 0.440 0.250 0.280 0.280 81 MEGASUN 0.280 -0.005 20 0.280 12.61 61.4
6.650 3.190 6.150 6.000 7022 GTRONIC 6.110 0.100 354 6.073 63.25 0.65 1,741.3 0.280 0.165 0.205 0.195 153 OVERSEA 0.205 Unch 129 0.195 341.67 50.5
0.923 0.490 0.760 0.735 5028 HTPADU 0.760 0.025 211.1 0.752 6.73 6.58 76.9 0.200 0.115 0.160 0.150 177 PASUKGB 0.160 Unch 1301.3 0.153 129.9
2.618 1.956 2.420 2.370 166 INARI 2.380 -0.010 6332.1 2.396 20.32 3.13 4,807.7 0.450 0.230 6 PINEAPP 0.410 215.7 19.9
0.435 0.075 9393 ITRONIC 0.190 19.5 0.375 0.201 0.325 0.320 171 PLABS 0.325 Unch 294.4 0.323 17.96 2.15 69.8
0.675 0.445 0.515 0.510 5161 JCY 0.510 -0.005 470.2 0.511 32.08 8.82 1,059.2 0.005 0.005 110 RA 0.005 2.63 4.8
16.720 7.687 15.980 15.500 9334 KESM 15.600 -0.200 43.8 15.585 15.23 0.42 671.0 0.615 0.280 0.420 0.415 32 REDTONE 0.415 -0.005 50 0.415 314.6
0.180 0.060 0.150 0.145 143 KEYASIC 0.145 -0.005 569 0.146 129.1 0.525 0.140 0.520 0.485 173 REV 0.510 0.025 4503.8 0.507 4.32 68.7
14.300 7.086 13.280 13.000 3867 MPI 13.280 0.340 214 13.122 14.18 2.03 2,787.3 0.726 0.477 0.605 0.605 158 SCC 0.605 Unch 5 0.605 16.76 5.01 85.4
1.467 0.960 1.210 1.210 5011 MSNIAGA 1.210 -0.070 8.8 1.210 16.18 4.13 73.1 0.275 0.160 0.200 0.200 161 SCH 0.200 0.005 164.5 0.200 117.65 4.25 82.4
1.327 0.343 1.010 0.995 83 NOTION 1.010 UNCH 209.1 0.997 15.03 2.72 333.9 0.230 0.100 0.210 0.195 140 STERPRO 0.200 Unch 24399.4 0.203 55.9
0.605 0.430 0.460 0.460 9008 OMESTI 0.460 UNCH 4.4 0.460 198.1 0.265 0.103 0.265 0.245 80 STRAITS 0.255 0.005 16268.8 0.257 48.11 93.8
0.375 0.250 0.255 0.250 41 PANPAGE 0.255 UNCH 314.9 0.251 67.7 1.360 0.955 1.300 1.270 89 TEXCYCL 1.270 -0.010 63.5 1.272 13.12 0.39 216.9
5.080 1.190 4.920 4.780 7160 PENTA 4.860 0.080 627 4.861 20.34 712.3 0.230 0.100 145 TFP 0.170 34.9
0.610 0.250 0.405 0.405 9075 THETA 0.405 0.040 25 0.405 43.4 0.155 0.095 0.110 0.100 165 XOX 0.105 0.005 4842.7 0.105 89.4
0.197 0.073 0.170 0.160 118 TRIVE 0.165 UNCH 38077.6 0.165 75.00 220.5 FINANCE
4.207 2.184 3.820 3.740 5005 UNISEM 3.750 -0.070 801 3.769 15.55 2.93 2,751.9 0.965 0.386 0.715 0.710 53 OSKVI 0.710 0.005 108.7 0.712 2.54 2.82 140.3
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 8 Markets FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY

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

Main Market & Ace Market Warrants 0.180 0.065 0.070 0.065 318242 GENTINGC42 0.065 Unch 45 9.480 9.500 4.32 29/12/2017
1.950 1.240 1.720 1.690 3182WA GENTING-WA 1.700 Unch 424.8 9.480 7.960 1.90 18/12/2018
0.135 0.090 0.125 0.125 3204CA GKENT-CA 0.125 0.010 115 3.050 2.880 14.92 31/05/2018
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE 0.230 0.070 0.145 0.135 1147WA GOB-WA 0.145 -0.005 169.5 0.395 0.800 139.24 24/12/2019
0.085 0.025 0.045 0.045 0074WA GOCEAN-WA 0.045 Unch 27.5 0.155 0.340 148.39 07/08/2019
0.095 0.065 0.070 0.070 523812 AAX-C12 0.070 Unch 594.7 0.375 0.360 18.40 30/03/2018 0.055 0.025 0.035 0.035 7096WA GPA-WA 0.035 -0.005 100 0.100 0.100 35.00 03/06/2025
0.165 0.015 0.015 0.015 5238C7 AAX-C7 0.015 Unch 150 0.375 0.430 18.67 31/10/2017 0.160 0.110 0.110 0.110 7022CL GTRONIC-CL 0.110 -0.015 30 6.110 6.600 22.42 30/04/2018
0.310 0.160 0.205 0.200 5238WA AAX-WA 0.205 0.005 272.2 0.375 0.460 77.33 08/06/2020 0.130 0.090 0.090 0.090 3034CV HAPSENG-CV 0.090 -0.005 47 9.050 9.000 4.42 30/04/2018
0.120 0.035 0.060 0.060 7146WA AEM-WA 0.060 Unch 188.5 0.170 0.250 82.35 17/12/2019 0.380 0.190 0.210 0.210 2062WC HARBOUR-WC 0.210 Unch 0.6 0.695 1.560 154.68 03/04/2021
0.330 0.050 0.210 0.200 7315WB AHB-WB 0.205 -0.010 304.3 0.320 0.200 26.56 28/08/2019 0.165 0.070 0.100 0.100 5168CZ HARTA-CZ 0.100 Unch 10 6.910 7.500 16.50 12/02/2018
0.330 0.070 0.275 0.265 509947 AIRASIAC47 0.265 Unch 300 3.440 2.600 -1.31 31/10/2017 0.745 0.310 0.410 0.400 4324CA HENGYUAN-CA 0.405 Unch 710.8 7.900 6.000 16.96 22/02/2018
0.200 0.090 0.150 0.140 509953 AIRASIAC53 0.140 -0.005 573.1 3.440 3.200 5.23 02/02/2018 0.470 0.270 0.330 0.320 4324CB HENGYUAN-CB 0.320 -0.005 219 7.900 8.800 35.70 28/02/2018
0.180 0.050 0.055 0.050 509954 AIRASIAC54 0.050 -0.005 805 3.440 3.600 8.58 31/10/2017 0.520 0.315 0.375 0.375 4324CC HENGYUAN-CC 0.375 -0.005 30 7.900 8.000 29.75 28/02/2018
0.150 0.080 0.090 0.090 509955 AIRASIAC55 0.090 -0.010 5 3.440 4.000 23.34 29/12/2017 0.430 0.255 0.315 0.310 4324CD HENGYUAN-CD 0.310 Unch 40 7.900 7.000 20.00 19/03/2018
0.510 0.130 0.310 0.305 5014CS AIRPORT-CS 0.305 0.005 40 8.520 7.350 2.38 02/02/2018 0.410 0.170 0.195 0.195 4324CE HENGYUAN-CE 0.195 Unch 5.9 7.900 8.800 33.61 19/03/2018
0.420 0.160 0.280 0.275 7609WA AJIYA-WA 0.280 Unch 50.1 0.750 0.920 60.00 28/08/2021 0.310 0.175 0.195 0.190 4324CF HENGYUAN-CF 0.190 -0.005 326 7.900 8.880 36.46 22/03/2018
0.135 0.055 0.060 0.055 1015C1 AMBANK-C1 0.055 -0.005 1530.9 4.310 5.000 19.84 30/04/2018 0.140 0.125 0.135 0.125 4324CH HENGYUAN-CH 0.125 -0.005 2235.6 7.900 8.000 20.25 29/06/2018
0.145 0.120 0.135 0.120 1015C3 AMBANK-C3 0.120 -0.010 313.8 4.310 4.700 18.24 30/03/2018 1.540 0.960 1.340 1.290 5095WB HEVEA-WB 1.290 -0.010 22.5 1.560 0.250 -1.28 28/02/2020
0.315 0.140 0.225 0.225 6556CC ANNJOO-CC 0.225 -0.015 30 3.510 2.800 2.21 31/10/2017 0.225 0.075 0.215 0.200 5072WB HIAPTEK-WB 0.210 Unch 4693 0.425 0.500 67.06 23/06/2021
0.280 0.115 0.215 0.195 6556CD ANNJOO-CD 0.195 -0.015 704 3.510 3.000 4.91 08/12/2017 0.530 0.175 0.190 0.180 5169WA HOHUP-WA 0.185 Unch 129 0.675 0.600 16.30 21/12/2018
0.240 0.110 0.200 0.195 6556CE ANNJOO-CE 0.195 Unch 65 3.510 3.100 13.32 02/02/2018 0.390 0.270 0.280 0.275 5160WA HOMERIZ-WA 0.275 -0.010 74.4 0.940 0.920 27.13 09/07/2020
0.140 0.130 0.140 0.130 6556CF ANNJOO-CF 0.130 Unch 380.9 3.510 4.000 29.89 30/04/2018 0.225 0.115 0.145 0.140 7213WB HOVID-WB 0.140 Unch 315.5 0.310 0.180 3.23 05/06/2018
0.035 0.010 0.015 0.015 5194WA APFT-WA 0.015 0.005 10 0.020 0.400 1,975 13/07/2018 0.050 0.010 0.035 0.030 7013WA HUBLINE-WA 0.030 -0.005 1951 0.115 3.200 2,708 04/11/2019
0.335 0.110 0.235 0.220 0119WA APPASIA-WA 0.220 -0.025 278.7 0.350 0.130 0.00 23/12/2024 0.075 0.020 0.055 0.045 7013WB HUBLINE-WB 0.050 Unch 9995.5 0.115 0.200 117.39 20/12/2020
0.255 0.100 0.145 0.125 521024 ARMADA-C24 0.125 -0.035 1360 0.725 0.600 0.00 30/11/2017 0.045 0.015 0.030 0.025 9601WD HWGB-WD 0.030 Unch 300 0.055 0.080 100.00 15/03/2021
0.100 0.025 0.050 0.045 521027 ARMADA-C27 0.050 0.010 6.2 0.725 0.835 22.07 02/02/2018 0.120 0.020 0.025 0.020 3336C4 IJM-C4 0.020 -0.010 550 3.260 3.500 9.82 31/10/2017
0.100 0.060 0.075 0.065 521028 ARMADA-C28 0.070 -0.005 7036 0.725 0.750 14.07 30/01/2018 0.195 0.025 0.040 0.025 3336C5 IJM-C5 0.025 -0.005 650 3.260 3.500 8.51 29/12/2017
0.350 0.050 0.055 0.055 0068WB ASDION-WB 0.055 Unch 19.2 0.150 0.500 270.00 24/03/2019 0.275 0.075 0.160 0.145 0166C2 INARI-C2 0.160 0.015 920 2.380 2.150 3.78 08/12/2017
0.110 0.045 0.055 0.055 0150WA ASIABIO-WA 0.055 0.005 50 0.140 0.300 153.57 19/04/2024 0.205 0.095 0.110 0.110 0166C6 INARI-C6 0.110 Unch 10 2.380 2.400 10.08 30/04/2018
0.100 0.070 0.100 0.075 4057WB ASIAPAC-WB 0.100 0.020 92 0.160 0.250 118.75 25/05/2022 0.570 0.165 0.415 0.395 0166CZ INARI-CZ 0.415 0.010 70 2.380 1.800 1.79 29/12/2017
0.210 0.055 0.120 0.100 6399C1 ASTRO-C1 0.100 -0.025 155 2.740 2.600 2.19 30/11/2017 1.830 1.300 1.620 1.590 0166WB INARI-WB 1.600 0.020 94.5 2.380 0.800 0.84 17/02/2020
0.765 0.110 0.255 0.240 7099WB ATTA-WB 0.250 0.010 438.3 0.820 1.000 52.44 09/05/2022 0.050 0.015 0.040 0.030 0094WA INIX-WA 0.040 0.005 117.7 0.080 0.100 75.00 16/11/2020
0.105 0.030 0.040 0.040 0072WA AT-WA 0.040 Unch 92.6 0.125 0.270 148.00 28/01/2019 0.545 0.160 0.390 0.375 3379WB INSAS-WB 0.375 -0.005 450.8 0.975 1.000 41.03 25/02/2020
0.120 0.060 0.065 0.065 0072WB AT-WB 0.065 Unch 100 0.125 0.090 24.00 17/10/2019 0.180 0.055 0.075 0.065 196113 IOICORP-C13 0.075 0.010 200 4.580 4.400 0.98 31/10/2017
0.260 0.070 0.170 0.170 688815 AXIATA-C15 0.170 0.030 150 5.210 4.650 -0.96 31/10/2017 0.085 0.045 0.050 0.050 196114 IOICORP-C14 0.050 0.005 20 4.580 4.800 8.08 22/12/2017
0.730 0.210 0.570 0.570 7078WA AZRB-WA 0.570 Unch 75.1 1.130 0.700 12.39 13/05/2024 0.070 0.020 0.055 0.045 7183WA IRETEX-WA 0.050 0.005 280.1 0.190 0.800 347.37 10/06/2019
0.330 0.180 0.275 0.265 0098WA BAHVEST-WA 0.265 -0.005 583.9 0.645 0.870 75.97 20/08/2024 0.070 0.025 0.050 0.050 0024WA JAG-WA 0.050 Unch 559.3 0.130 0.100 15.38 14/08/2019
0.120 0.010 0.055 0.050 5248CR BAUTO-CR 0.050 Unch 660 2.070 2.100 6.28 29/12/2017 0.045 0.045 0.045 0.045 5161C4 JCY-C4 0.045 Unch 158.3 0.510 0.600 26.47 30/04/2018
0.085 0.035 0.060 0.060 5248CS BAUTO-CS 0.060 Unch 100 2.070 2.100 7.25 08/01/2018 0.170 0.045 0.085 0.070 9083WB JETSON-WB 0.085 0.015 1241.6 0.310 0.750 169.35 06/02/2019
0.120 0.075 0.080 0.075 524801 BAUTO-MC01 0.075 Unch 700 2.070 2.150 11.11 14/12/2017 0.830 0.205 0.425 0.415 7167WA JOHOTIN-WA 0.420 Unch 321 1.330 0.850 -4.51 21/11/2017
0.170 0.095 0.105 0.105 7241WA BHS-WA 0.105 -0.005 200 0.400 0.600 76.25 18/10/2020 0.150 0.030 0.045 0.040 4383CO JTIASA-CO 0.040 Unch 140 1.090 1.200 17.43 08/01/2018
0.450 0.260 0.305 0.300 5258WA BIMB-WA 0.305 Unch 229.7 4.350 4.720 15.52 04/12/2023 0.225 0.110 0.130 0.115 0170WA KANGER-WA 0.130 Unch 14.3 0.210 0.100 9.52 13/04/2020
0.155 0.070 0.075 0.075 6998WA BINTAI-WA 0.075 Unch 146 0.170 0.200 61.76 15/06/2020 0.200 0.005 0.010 0.010 5247CZ KAREX-CZ 0.010 Unch 70 1.520 2.200 46.05 02/02/2018
0.230 0.095 0.165 0.160 0179WA BIOHLDG-WA 0.165 0.005 655 0.260 0.220 48.08 05/01/2022 0.165 0.070 0.135 0.130 7161CB KERJAYA-CB 0.130 Unch 341.8 3.630 3.350 8.40 30/11/2017
0.400 0.080 0.225 0.225 3239WA BJASSET-WA 0.225 Unch 30 1.180 1.000 3.81 16/03/2018 0.330 0.135 0.240 0.240 7161CC KERJAYA-CC 0.240 -0.005 120 3.630 3.100 1.93 08/12/2017
0.160 0.060 0.100 0.095 3395WB BJCORP-WB 0.100 0.005 1278.3 0.355 1.000 209.86 22/04/2022 0.220 0.120 0.155 0.155 7161CD KERJAYA-CD 0.155 -0.015 87 3.630 3.400 8.61 25/01/2018
0.175 0.050 0.110 0.110 3395WC BJCORP-WC 0.110 0.005 2907.3 0.355 1.000 212.68 29/05/2026 0.240 0.155 0.190 0.185 7161CE KERJAYA-CE 0.185 -0.005 1110.1 3.630 3.600 14.46 22/02/2018
0.370 0.035 0.295 0.290 7187WA BKOON-WA 0.290 -0.005 424.6 0.500 0.200 -2.00 07/07/2023 0.490 0.070 0.330 0.320 0151WA KGB-WA 0.325 0.005 263.2 0.610 0.500 35.25 12/06/2019
0.065 0.040 0.050 0.045 7036WD BORNOIL-WD 0.050 Unch 782.5 0.100 0.070 20.00 29/05/2027 0.140 0.010 0.015 0.015 0036WA KGROUP-WA 0.015 -0.005 8.2 0.115 0.400 260.87 02/07/2018
0.087 0.029 0.050 0.050 9938WB BRIGHT-WB 0.050 Unch 48.6 0.275 0.650 154.55 12/01/2019 0.120 0.040 0.040 0.040 0036WB KGROUP-WB 0.040 Unch 3120 0.115 0.200 108.70 01/05/2020
0.135 0.045 0.060 0.060 7188WA BTM-WA 0.060 -0.005 83 0.240 0.940 316.67 20/12/2019 0.880 0.600 0.630 0.620 5171WA KIMLUN-WA 0.620 -0.010 91 2.180 1.680 5.50 12/03/2024
0.435 0.060 0.235 0.235 181811 BURSA-C11 0.235 0.025 9 9.940 8.900 1.36 30/11/2017 0.140 0.065 0.080 0.075 7164WB KNM-WB 0.080 Unch 580.6 0.265 1.000 307.55 21/04/2020
0.150 0.050 0.075 0.075 181813 BURSA-C13 0.075 0.005 41.9 9.940 10.500 9.41 30/03/2018 0.160 0.070 0.080 0.080 7017WB KOMARK-WB 0.080 Unch 93.1 0.250 0.300 52.00 21/01/2020
0.900 0.303 0.775 0.755 7174WA CAB-WA 0.765 -0.005 257.2 0.940 0.170 -0.53 08/02/2020 0.430 0.103 0.360 0.355 5878WB KPJ-WB 0.360 -0.010 322.4 1.050 1.010 30.48 23/01/2019
0.470 0.290 0.340 0.325 7076WA CBIP-WA 0.340 -0.020 121.7 1.920 2.400 42.71 06/11/2019 0.085 0.010 0.050 0.050 3794CC LAFMSIA-CC 0.050 -0.005 1200 6.650 7.000 9.02 02/02/2018
0.220 0.045 0.120 0.115 5195WB CENSOF-WB 0.120 Unch 190 0.280 0.460 107.14 07/10/2019 0.660 0.450 0.615 0.615 9385WA LAYHONG-WA 0.615 Unch 20 0.985 0.400 3.05 13/10/2021
0.310 0.085 0.095 0.085 102321 CIMB-C21 0.090 -0.010 2419 6.270 6.200 3.91 31/10/2017 0.320 0.070 0.090 0.070 8494WA LBICAP-WA 0.075 -0.010 100.4 1.040 1.000 3.37 17/04/2018
0.335 0.150 0.185 0.170 102322 CIMB-C22 0.180 0.005 2641.6 6.270 5.700 2.39 24/11/2017 0.835 0.390 0.565 0.540 5789WB LBS-WB 0.565 0.020 373.7 1.800 1.250 0.83 04/10/2020
0.175 0.105 0.105 0.105 102323 CIMB-C23 0.105 -0.005 100 6.270 6.500 12.88 02/02/2018 0.110 0.015 0.050 0.045 5284CA LCTITAN-CA 0.045 -0.005 470 5.260 6.800 32.70 12/02/2018
0.155 0.055 0.060 0.055 102324 CIMB-C24 0.055 -0.005 3959 6.270 7.000 15.15 28/12/2017 0.080 0.015 0.020 0.015 5284CB LCTITAN-CB 0.015 -0.005 1800 5.260 7.800 49.43 12/02/2018
0.210 0.105 0.110 0.105 102325 CIMB-C25 0.105 -0.020 288.8 6.270 7.000 17.50 12/02/2018 0.260 0.050 0.080 0.080 5284CC LCTITAN-CC 0.080 Unch 430 5.260 7.500 47.15 30/01/2018
0.165 0.105 0.105 0.105 102326 CIMB-C26 0.105 -0.005 100 6.270 6.880 18.10 26/04/2018 0.265 0.035 0.095 0.085 5284CD LCTITAN-CD 0.090 -0.010 613.3 5.260 6.500 28.71 30/01/2018
0.110 0.050 0.050 0.050 102327 CIMB-C27 0.050 Unch 1220 6.270 7.700 26.00 19/03/2018 0.465 0.100 0.195 0.180 5284CE LCTITAN-CE 0.185 -0.010 1354.7 5.260 5.500 15.11 30/01/2018
0.205 0.045 0.100 0.100 0102WA CONNECT-WA 0.100 -0.015 85 0.190 0.100 5.26 17/09/2021 0.120 0.015 0.060 0.055 5284CF LCTITAN-CF 0.055 -0.005 1066.1 5.260 6.280 26.71 30/01/2018
0.205 0.045 0.135 0.115 0102WB CONNECT-WB 0.120 0.010 273.1 0.190 0.100 15.79 07/06/2021 0.095 0.020 0.050 0.050 5284CG LCTITAN-CG 0.050 -0.005 100 5.260 6.500 29.28 30/04/2018
0.250 0.025 0.120 0.105 0051WA CUSCAPI-WA 0.105 -0.010 639.5 0.285 0.270 31.58 24/04/2018 0.095 0.020 0.065 0.065 5068WA LUSTER-WA 0.065 Unch 408.4 0.125 0.100 32.00 03/06/2022
0.470 0.295 0.350 0.335 5276WA DANCO-WA 0.350 Unch 5 0.585 0.300 11.11 22/05/2022 0.095 0.020 0.065 0.065 5068WB LUSTER-WB 0.065 -0.005 100 0.125 0.100 32.00 26/05/2023
0.035 0.005 0.015 0.015 7179WB DBE-WB 0.015 Unch 679.8 0.035 0.050 85.71 22/01/2022 0.065 0.015 0.045 0.045 0017WA M3TECH-WA 0.045 Unch 100.1 0.090 0.100 61.11 21/08/2019
0.030 0.005 0.015 0.010 0152WA DGB-WA 0.015 0.005 1003.1 0.050 0.110 150.00 22/04/2018 0.750 0.285 0.510 0.475 7617WB MAGNA-WB 0.510 0.010 4 1.400 0.900 0.71 04/09/2020
0.240 0.105 0.170 0.170 727717 DIALOG-C17 0.170 Unch 100 2.000 1.900 3.50 02/02/2018 0.120 0.075 0.085 0.080 3859C2 MAGNUM-C2 0.085 Unch 300 1.800 1.800 9.44 22/01/2018
0.060 0.055 0.060 0.060 727718 DIALOG-C18 0.060 0.005 1321 2.000 2.300 21.90 30/03/2018 0.115 0.070 0.070 0.070 5264C1 MALAKOF-C1 0.070 -0.005 1530 1.030 1.000 10.68 30/01/2018
0.370 0.045 0.225 0.215 4456WD DNEX-WD 0.220 0.005 15044.3 0.475 0.500 51.58 30/07/2021 0.990 0.090 0.455 0.425 6181WB MALTON-WB 0.435 0.005 11613.5 1.200 1.000 19.58 29/06/2018
0.140 0.060 0.140 0.130 7114WA DNONCE-WA 0.140 0.010 8496.5 0.350 0.250 11.43 25/11/2020 0.500 0.278 0.355 0.345 5236WA MATRIX-WA 0.355 -0.005 2.3 2.220 2.400 24.10 20/07/2020
0.340 0.180 0.300 0.260 7169WA DOMINAN-WA 0.300 0.020 5.5 1.300 1.300 23.08 10/09/2020 0.230 0.105 0.105 0.105 115528 MAYBANKC28 0.105 -0.005 380 9.800 9.500 0.37 31/10/2017
0.070 0.035 0.040 0.040 7198WB DPS-WB 0.040 Unch 286.1 0.090 0.100 55.56 15/01/2025 0.190 0.095 0.145 0.140 115531 MAYBANKC31 0.140 -0.005 1579.3 9.800 9.500 1.22 28/02/2018
0.380 0.115 0.260 0.245 161930 DRBHCOMC30 0.255 -0.010 302 1.600 1.100 0.63 30/11/2017 0.135 0.120 0.125 0.120 115532 MAYBANKC32 0.125 0.005 307.6 9.800 10.00 7.14 28/02/2018
0.195 0.040 0.050 0.040 161933 DRBHCOMC33 0.045 Unch 1495.9 1.600 1.650 8.75 31/10/2017 0.585 0.365 0.580 0.530 5152WA MBL-WA 0.530 -0.040 207.5 1.130 0.800 17.70 28/11/2022
0.125 0.040 0.045 0.040 161937 DRBHCOMC37 0.040 -0.015 1922.2 1.600 1.850 20.63 30/03/2018 0.125 0.025 0.025 0.025 1171C1 MBSB-C1 0.025 -0.020 20 1.120 1.300 20.54 24/11/2017
0.095 0.090 0.090 0.090 161943 DRBHCOMC43 0.090 Unch 600.1 1.600 1.600 16.88 30/03/2018 0.230 0.045 0.050 0.045 1171C2 MBSB-C2 0.045 -0.005 216 1.120 1.300 20.09 02/02/2018
0.120 0.075 0.115 0.115 5216C1 DSONIC-C1 0.115 -0.005 150 1.210 1.150 14.05 19/04/2018 0.105 0.045 0.050 0.045 1171C3 MBSB-C3 0.045 -0.005 4387.6 1.120 1.350 28.57 28/02/2018
0.080 0.005 0.010 0.010 5216CW DSONIC-CW 0.010 Unch 100 1.210 1.400 17.77 31/10/2017 0.115 0.090 0.105 0.090 1171C4 MBSB-C4 0.090 -0.015 285 1.120 1.250 19.64 29/06/2018
0.320 0.120 0.170 0.165 3417WB E&O-WB 0.170 Unch 17 1.560 2.600 77.56 21/07/2019 0.170 0.060 0.060 0.060 1171CW MBSB-CW 0.060 Unch 10 1.120 1.150 13.39 28/11/2017
0.033 0.010 0.030 0.025 0154WB EAH-WB 0.025 -0.005 1444.6 0.050 0.120 190.00 24/02/2019 0.080 0.010 0.015 0.010 1171CZ MBSB-CZ 0.010 -0.005 120 1.120 1.450 31.70 30/11/2017
0.033 0.013 0.030 0.025 0154WC EAH-WC 0.025 -0.005 3077.2 0.050 0.100 150.00 18/06/2019 0.260 0.040 0.110 0.110 0167WB MCLEAN-WB 0.110 Unch 0.4 0.210 0.250 71.43 07/10/2020
0.195 0.090 0.140 0.130 3557WC ECOFIRS-WC 0.140 -0.005 123.1 0.290 0.300 51.72 10/09/2019 0.115 0.060 0.065 0.060 5040WA MEDAINC-WA 0.060 -0.005 190 0.425 0.500 31.76 13/08/2021
0.250 0.080 0.205 0.180 5253CA ECONBHD-CA 0.205 0.035 2270 3.060 2.500 1.80 30/11/2017 0.050 0.020 0.040 0.035 4502CJ MEDIA-CJ 0.035 Unch 354.3 0.805 1.000 32.92 25/01/2018
0.155 0.105 0.135 0.135 5253CE ECONBHD-CE 0.135 Unch 53.7 3.060 2.900 12.42 30/04/2018 0.100 0.015 0.040 0.040 4502CK MEDIA-CK 0.040 Unch 120 0.805 1.000 34.16 28/02/2018
0.185 0.125 0.145 0.140 5253CF ECONBHD-CF 0.145 0.015 356.3 3.060 2.950 10.62 22/03/2018 0.365 0.140 0.230 0.220 1694WB MENANG-WB 0.230 0.010 186.7 0.915 1.000 34.43 09/07/2019
0.170 0.120 0.130 0.130 5253CG ECONBHD-CG 0.130 0.010 10 3.060 3.100 14.05 30/03/2018 0.310 0.095 0.295 0.285 0075WA MEXTER-WA 0.295 0.010 986 0.410 0.130 3.66 17/09/2018
0.105 0.100 0.105 0.100 5253CH ECONBHD-CH 0.105 Unch 130 3.060 3.400 21.41 09/04/2018 0.145 0.070 0.085 0.085 3069CA MFCB-CA 0.085 -0.015 200 3.660 3.950 18.37 02/02/2018
0.170 0.075 0.080 0.080 8206CG ECOWLD-CG 0.080 Unch 80 1.570 1.500 5.73 30/11/2017 2.330 0.525 1.770 1.750 3069WA MFCB-WA 1.750 -0.030 51.9 3.660 2.220 8.47 08/04/2020
0.175 0.065 0.070 0.070 8206CH ECOWLD-CH 0.070 0.005 152 1.570 1.600 8.60 08/12/2017 0.090 0.015 0.065 0.050 5186C3 MHB-C3 0.055 -0.005 4421 0.810 0.900 24.69 25/01/2018
0.075 0.055 0.075 0.060 8206CJ ECOWLD-CJ 0.075 0.005 70 1.570 1.750 23.41 30/03/2018 0.070 0.020 0.055 0.050 7219WA MINETEC-WA 0.055 0.005 2670 0.145 0.150 41.38 27/11/2019
0.710 0.365 0.460 0.450 8206WA ECOWLD-WA 0.460 0.005 140.2 1.570 2.080 61.78 26/03/2022 0.115 0.075 0.085 0.075 381612 MISC-C12 0.075 -0.005 204.8 7.300 7.500 5.82 30/03/2018
0.120 0.045 0.055 0.055 0107WA EDUSPEC-WA 0.055 Unch 50 0.125 0.180 88.00 24/12/2018 0.600 0.345 0.370 0.360 9571WD MITRA-WD 0.360 -0.010 27.8 1.070 1.090 35.51 23/08/2020
1.190 0.360 1.120 1.070 0065WA EFORCE-WA 1.100 -0.030 1103.6 1.400 0.340 2.86 17/07/2019 1.077 0.505 0.590 0.580 6114WB MKH-WB 0.585 0.005 59.1 2.180 1.550 -2.06 29/12/2017
0.557 0.283 0.415 0.405 8907WC EG-WC 0.410 Unch 686.1 0.700 0.500 30.00 03/11/2020 0.105 0.016 0.050 0.045 0085WA MLAB-WA 0.050 Unch 559.8 0.095 0.090 47.37 24/04/2020
0.030 0.005 0.015 0.015 7182WA EKA-WA 0.015 Unch 35 0.075 0.200 186.67 22/01/2019 0.050 0.035 0.050 0.040 0085WB MLAB-WB 0.050 0.005 10984.4 0.095 0.150 110.53 10/09/2020
0.140 0.005 0.010 0.010 8877CA EKOVEST-CA 0.010 Unch 1948 1.090 1.600 48.17 08/12/2017 0.115 0.025 0.025 0.025 2194C6 MMCCORP-C6 0.025 -0.015 540 2.070 2.450 20.77 30/04/2018
0.090 0.035 0.035 0.035 8877CC EKOVEST-CC 0.035 Unch 100 1.090 1.300 27.29 28/12/2017 0.055 0.020 0.035 0.030 0103WA MNC-WA 0.035 0.005 368.8 0.070 0.100 92.86 05/11/2021
1.350 0.660 0.685 0.670 8877WB EKOVEST-WB 0.680 0.010 715.3 1.090 0.480 6.42 25/06/2019 0.070 0.020 0.035 0.030 0070WA MQTECH-WA 0.030 -0.005 2932.1 0.060 0.100 116.67 21/11/2021
0.630 0.295 0.305 0.295 5056WA ENGTEX-WA 0.295 -0.010 2050.2 1.170 0.830 -3.85 25/10/2017 0.065 0.020 0.020 0.020 165121 MRCB-C21 0.020 Unch 357 1.040 1.400 37.50 30/04/2018
0.450 0.245 0.255 0.250 5283WA EWINT-WA 0.255 -0.005 340.3 1.070 1.450 59.35 02/04/2022 0.085 0.060 0.060 0.060 165124 MRCB-C24 0.060 Unch 583 1.040 1.200 29.23 30/03/2018
0.570 0.120 0.410 0.405 7047WB FAJAR-WB 0.405 -0.005 243.3 0.850 0.700 30.00 24/09/2019 0.175 0.060 0.070 0.065 1651WA MRCB-WA 0.065 Unch 1467.3 1.040 2.300 127.40 14/09/2018
0.120 0.060 0.075 0.060 06501U FBMKLCI-C1U 0.060 Unch 50 1,758 1,715 -0.06 31/10/2017 0.220 0.030 0.090 0.075 0092WB MTOUCHE-WB 0.080 -0.005 677 0.215 0.540 188.37 16/03/2020
0.040 0.005 0.020 0.020 06503B FBMKLCI-C3B 0.020 Unch 200 1,757 1,800 3.19 31/01/2018 0.255 0.070 0.095 0.090 13816 MYEG-C16 0.095 0.005 760 2.030 2.000 7.88 02/02/2018
0.050 0.045 0.050 0.045 06503F FBMKLCI-C3F 0.045 -0.005 150 1,758 1,780 2.53 30/03/2018 0.170 0.035 0.035 0.035 13817 MYEG-C17 0.035 -0.005 1404 2.030 2.300 17.61 30/11/2017
0.120 0.050 0.075 0.075 06504C FBMKLCI-H4C 0.075 -0.010 200 1,758 1,785 4.52 29/12/2017 0.095 0.030 0.030 0.030 13819 MYEG-C19 0.030 Unch 50 2.030 2.650 34.53 29/12/2017
0.135 0.075 0.105 0.100 06504D FBMKLCI-H4D 0.105 Unch 220 1,758 1,800 6.57 31/01/2018 0.070 0.045 0.045 0.045 13821 MYEG-C21 0.045 -0.005 16 2.030 2.280 21.18 30/03/2018
0.345 0.310 0.320 0.320 06504E FBMKLCI-H4E 0.320 0.010 30 1,758 1,720 1.48 28/02/2018 0.120 0.080 0.085 0.080 13824 MYEG-C24 0.085 Unch 1488.6 2.030 2.100 14.33 28/02/2018
0.155 0.035 0.040 0.040 522228 FGV-C28 0.040 -0.005 808 1.680 2.050 27.98 02/02/2018 0.115 0.110 0.115 0.110 13825 MYEG-C25 0.110 Unch 200 2.030 2.000 10.71 29/06/2018
0.195 0.095 0.110 0.105 522230 FGV-C30 0.105 Unch 828.6 1.680 1.600 12.74 28/12/2017 0.480 0.115 0.295 0.275 0138C8 MYEG-C8 0.295 0.005 1498 2.030 1.567 1.40 31/10/2017
0.145 0.085 0.110 0.105 522231 FGV-C31 0.105 Unch 860 1.680 1.630 12.65 30/03/2018 0.745 0.220 0.660 0.620 0108WA N2N-WA 0.650 Unch 141.9 0.955 0.320 1.57 06/04/2018
0.150 0.095 0.110 0.110 522232 FGV-C32 0.110 0.005 50 1.680 1.650 14.58 30/01/2018 0.065 0.005 0.030 0.025 0020WB NETX-WB 0.030 Unch 2707.5 0.060 0.050 33.33 08/06/2019
0.095 0.065 0.075 0.075 522237 FGV-C37 0.075 Unch 70 1.680 1.900 23.36 30/01/2018 0.100 0.035 0.040 0.040 7215WA NIHSIN-WA 0.040 -0.005 313.1 0.260 0.200 -7.69 11/02/2018
0.130 0.065 0.075 0.075 9318WB FITTERS-WB 0.075 -0.010 30 0.385 1.000 179.22 12/10/2019 0.415 0.190 0.295 0.290 0172WA OCK-WA 0.290 Unch 821.1 0.905 0.710 10.50 15/12/2020
0.260 0.030 0.255 0.240 0116WC FOCUS-WC 0.255 0.010 1827.6 0.270 0.050 12.96 06/11/2019 0.255 0.060 0.125 0.125 7071WC OCR-WC 0.125 -0.005 946.1 0.570 0.500 9.65 24/07/2021
0.740 0.230 0.500 0.490 9261WB GADANG-WB 0.500 -0.005 959 0.500 1.060 212.00 29/11/2021 0.280 0.045 0.050 0.050 9008WB OMESTI-WB 0.050 Unch 170 0.460 0.500 19.57 30/05/2018
0.110 0.090 0.090 0.090 539839 GAMUDA-C39 0.090 Unch 15 5.290 5.350 6.24 31/05/2018 0.370 0.195 0.280 0.280 5053WC OSK-WC 0.280 Unch 41.7 1.600 1.800 30.00 22/07/2020
1.480 1.140 1.330 1.310 5398WE GAMUDA-WE 1.320 Unch 140.5 5.290 4.050 1.51 06/03/2021 0.500 0.180 0.425 0.425 7052CK PADINI-CK 0.425 -0.010 2.5 4.400 3.200 1.70 28/02/2018
0.455 0.120 0.385 0.370 5226WA GBGAQRS-WA 0.385 0.015 2555.6 1.700 1.300 -0.88 20/07/2018 0.210 0.025 0.165 0.150 0005WA PALETTE-WA 0.160 -0.005 4687.8 0.210 0.040 -4.76 20/03/2018
0.500 0.300 0.490 0.440 3611WA GBH-WA 0.455 0.025 320 1.460 1.000 -0.34 07/04/2020 0.300 0.080 0.255 0.240 5125WA PANTECH-WA 0.245 0.005 4057.9 0.695 0.500 7.19 21/12/2020
0.330 0.075 0.080 0.075 0078CD GDEX-CD 0.080 0.005 67 0.625 0.600 5.60 31/10/2017 0.300 0.105 0.265 0.255 5125WB PANTECH-WB 0.260 0.005 1798.2 0.695 0.500 9.35 21/12/2021
0.075 0.040 0.040 0.040 0078CH GDEX-CH 0.040 Unch 37.3 0.625 0.780 34.40 28/02/2018 0.165 0.100 0.130 0.130 129515 PBBANK-C15 0.130 Unch 53 20.580 20.300 1.80 30/04/2018
0.572 0.410 0.415 0.410 0078WB GDEX-WB 0.415 0.005 249 0.625 0.383 27.60 05/02/2020 0.160 0.105 0.120 0.120 518312 PCHEM-C12 0.120 -0.005 340 7.300 7.500 8.49 26/02/2018
0.300 0.080 0.085 0.080 471524 GENM-C24 0.080 -0.005 1064.8 5.320 5.500 8.65 29/12/2017 0.210 0.150 0.170 0.170 518313 PCHEM-C13 0.170 Unch 50 7.300 7.000 4.04 31/05/2018
0.190 0.045 0.045 0.045 471525 GENM-C25 0.045 -0.025 100 5.320 6.000 16.17 07/12/2017 0.400 0.200 0.230 0.215 9997WB PENSONI-WB 0.230 0.010 7.6 0.630 0.600 31.75 20/01/2024
0.180 0.065 0.070 0.065 471526 GENM-C26 0.065 -0.015 61.5 5.320 5.900 16.40 02/02/2018 0.485 0.180 0.290 0.280 8311WC PESONA-WC 0.285 -0.005 91.3 0.530 0.250 0.94 27/01/2020
0.165 0.070 0.075 0.070 471528 GENM-C28 0.075 -0.015 417.7 5.320 6.300 23.50 28/02/2018 0.130 0.085 0.105 0.100 5681CS PETDAG-CS 0.105 Unch 140 24.339 24.100 3.33 30/03/2018
3.850 2.620 2.620 2.620 2291WA GENP-WA 2.620 Unch 1.2 10.400 7.750 -0.29 17/06/2019 0.460 0.180 0.290 0.270 3042CD PETRONM-CD 0.285 0.005 583.5 10.300 8.500 15.73 22/02/2018
FRIDAY SE P T E MBE R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
Markets 2 9
G L O B A L M A R K E T S . 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

Japan Nikkei rebounds on Wall
Street, weak yen; nancials soar
TOKYO: Japanese stocks rebounded
yesterday after Wall Street gained and the
US dollar rose against the yen on hopes US
President Donald Trumps administration
may be making progress on a tax plan.
The Nikkei Share Avearage gained
0.47% or 96.06 points to 20,363.11.
Trump offered to lower corporate income
tax rates, cut taxes for small businesses and
reduce the top income tax rate for individuals.
Financial shares such as insurers
and banks, which invest in high-yielding
products like foreign bonds, outperformed
after US Treasury yields rose to their highest
in years overnight.
Investors took heart from a better-than-
expected reading on US durable goods
orders that suggested inflation may be
picking up, boosting expectations for a
US Federal Reserve interest rate hike in
December.
Dai-ichi Life Holdings rose 2.7%, T&D
Holdings added 2.2%, Mitsubishi UFJ
Financial Group gained 1.2%.
A weaker yen underpinned sentiment,
with the US dollar trading at 112.82, having
risen to as high as 113.26 on Wednesday,
its strongest level in more than two months.
This rise followed news that new orders
for US-made capital goods increased more
than expected in August and shipments
maintained their upward trend.
Its a straightforward market on
Wednesday. Investors appreciate the
weakening yen which raises expectations
for better corporate profits in the second
half, said Fujio Ando, a senior analyst at
Chibagin Securities.
Exporters were in demand, with Tokyo
Electron rising 1.8% and Isuzu Motors
adding 2%.
Analysts said that given the Japanese
market is hovering near its highest in more
than two years, investors are optimistic but
cautious in the face of multiple risks ahead
such as tensions between the US and
North Korea and Japans snap election.
Japanese Prime Minister Shinzo Abe
appears to be calculating that a snap lower
house poll will win his Liberal Democratic
Party-led coalition another term even if it
reduces its lower house dominance to a
simple majority.
Yesterday, media polls showed a
fledgling conservative party led by popular
Tokyo Governor Yuriko Koike is gaining
traction in its challenge to Abes ruling bloc.
Its too early to say whether its having
an impact on the market, but we can say
that uncertainty over the election is growing,
said Takuya Takahashi, a strategist at Daiwa
Securities.
Yamato Holdings gained as much as
4.9% after a Nikkei report that the delivery
services company likely convinced Amazon
to pay at least 40% more for shipping
services in Japan.
US Wall Street gains on nancials
boost, tax hopes
NEW YORK: US stocks rose on Wednesday
as gains in financial shares were powered
by growing expectations for a December
interest rate hike and on hopes US
President Donald Trumps administration
may be making progress on a tax plan.
New orders for US-made capital goods
increased more than expected in August
and shipments maintained their upward
trend, pointing to underlying strength in
the economy.
The data, coupled with comments from
US Federal Reserve (Fed) chair Janet
Yellen on Tuesday boosted anticipation
the Fed would raise US interest rates in
December, lifting yields on US Treasuries,
which in turn pushed financials up 1.3%.
With rates going up, that is why banks
move. If rates go up and are sustainable
they can start to make some money, said
Thomas Martin, senior portfolio manager
at Globalt Investments in Atlanta, Georgia.
Trump proposed the biggest tax overhaul
in three decades but offered scant details
about how to pay for the cuts without
dramatically driving up federal deficits.
If passed, the plan would be Trumps
first significant legislative win since taking
office in January.
For the first time since we have had
Trump and the administration in office, it
looks like there is incrementally more of
a possibility of tax reform going through
that would actually be meaningful, said
Martin.
The Russell 2000 Index of small-cap
stocks rose 1.92% and notched its best
day since early March. Small-cap names
are likely to be the biggest beneficiaries
of a tax cut.
Traders now see about a 78% chance
of a December rate hike, compared with
roughly 73% a week ago, according to
CME Groups FedWatch tool.
Bank of America rose 2.42% and
Goldman Sachs gained 2.1% as the biggest
boost to the Dow Jones Industrial Average.
The Dow rose 56.39 points or 0.25% to
22,340.71; the S&P 500 gained 10.2 points
or 0.41% to 2,507.04; and the Nasdaq
Composite added 73.1 points or 1.15% to
6,453.26.
Interest-rate-sensitive and dividend-
paying sectors declined. The consumer
staples index fell 0.73%, while utilities
dropped 1.34% and real estate lost 0.84%.
Also serving to cap gains on the Dow
and S&P were Nike shares, which declined
1.92% after the company posted its slowest
quarterly sales growth in nearly seven
years and said it expected a further drop
in revenue from North America.
Advancing issues outnumbered
declining ones on the New York Stock
Exchange by a 1.29-to-one ratio; on
Nasdaq, a 2.71-to-one ratio favoured
advancers. Reuters

Nikkei 225 Shanghai Composite Dow Jones Euro STOXX 50 Index

Index points Index points Index points Index points
20800 5800 22500 3900
3,339.64
-5.63
4825 (-0.17%) 19275
17625 3415
2,772.70
14450 20,363.11 3850 16050 2930
10,172.06 10,403.79
+96.06 3,087.842 22,340.71
11275
(+0.47%)
2875 12825
+56.39 3,555.17
(+0.25%) 2445 +18.79
(+0.53%)
8100 1900 9600 1960
Mar 1, 2010 Sept 28, 2017 Mar 1, 2010 Sept 28, 2017 Mar 1, 2010 Sept 27, 2017 Mar 1, 2010 Sept 27, 2017

Bursa Malaysia Equity Derivatives YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE
Main Market & Ace Market Warrants 0.505 0.150 0.390 0.385 3743WA SUNSURIA-WA 0.385 -0.005 25 1.450 1.500 30.00 22/07/2020
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY 0.235 0.060 0.155 0.150 0148WB SUNZEN-WB 0.150 -0.005 55 0.345 0.250 15.94 25/02/2021
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE 0.155 0.010 0.015 0.015 710627 SUPERMX-C27 0.015 Unch 366 1.700 2.000 19.41 02/02/2018
0.085 0.035 0.035 0.035 710629 SUPERMX-C29 0.035 Unch 24 1.700 1.900 18.15 30/01/2018
0.275 0.265 0.275 0.265 3042CE PETRONM-CE 0.275 Unch 200.4 10.300 10.880 32.33 30/04/2018
0.220 0.125 0.140 0.135 7082WB SYF-WB 0.140 Unch 202 0.480 0.700 75.00 11/11/2019
0.230 0.230 0.230 0.230 3042CF PETRONM-CF 0.230 Unch 16.1 10.300 11.000 33.59 09/04/2018
0.365 0.125 0.220 0.220 1538WB SYMLIFE-WB 0.220 -0.005 0.5 0.890 1.100 48.31 11/11/2020
0.110 0.095 0.100 0.095 8869C1 PMETAL-C1 0.095 -0.005 1020 3.700 3.800 12.97 29/06/2018
0.330 0.145 0.150 0.150 8524WB TALIWRK-WB 0.150 -0.015 100 1.370 1.700 35.04 11/11/2018
0.215 0.160 0.195 0.190 8869CV PMETAL-CV 0.190 -0.005 1010 3.700 3.300 9.73 22/03/2018
0.130 0.050 0.065 0.060 0132WA TDEX-WA 0.060 Unch 704.5 0.150 0.110 13.33 21/09/2018
0.160 0.135 0.135 0.135 8869CY PMETAL-CY 0.135 -0.005 256.8 3.700 3.900 20.00 30/03/2018
0.930 0.300 0.340 0.310 7200WA TEKSENG-WA 0.340 0.020 6.1 0.495 0.250 19.19 29/01/2020
3.400 2.200 3.240 3.200 8869WC PMETAL-WC 3.200 -0.090 20 3.700 0.390 -2.97 22/08/2019
0.195 0.085 0.100 0.100 534735 TENAGA-C35 0.100 Unch 40 14.320 13.800 0.56 30/11/2017
1.050 0.640 0.880 0.860 7088WB POHUAT-WB 0.870 -0.005 241.5 1.920 1.000 -2.60 21/10/2020
0.150 0.070 0.070 0.070 534739 TENAGA-C39 0.070 Unch 100 14.320 14.600 4.40 29/06/2018
0.185 0.100 0.110 0.105 463411 POS-C11 0.105 -0.005 734.4 5.220 5.300 10.58 30/04/2018
0.160 0.040 0.085 0.085 0145WA TFP-WA 0.085 Unch 240 0.170 0.100 8.82 15/02/2019
0.095 0.090 0.095 0.090 463413 POS-C13 0.095 Unch 110.6 5.220 6.000 28.59 29/06/2018
3.350 2.490 2.510 2.490 7034WA TGUAN-WA 2.500 Unch 65.5 4.020 1.500 -0.50 09/10/2019
0.370 0.140 0.140 0.140 4634C9 POS-C9 0.140 -0.010 80 5.220 4.900 5.94 16/10/2017
0.040 0.010 0.030 0.025 7079WC TIGER-WC 0.025 -0.005 1541.1 0.060 0.080 75.00 11/02/2021
0.710 0.250 0.645 0.635 7168WA PRG-WA 0.635 -0.005 80 1.020 0.375 -0.98 06/07/2019
0.125 0.105 0.115 0.115 486320 TM-C20 0.115 0.005 1 6.340 6.400 4.57 31/05/2018
0.145 0.040 0.090 0.085 7145WA PSIPTEK-WA 0.090 0.005 559.9 0.140 0.100 35.71 16/11/2019
0.080 0.010 0.010 0.010 0101CC TMCLIFE-CC 0.010 Unch 150 0.830 1.000 22.89 31/10/2017
0.140 0.100 0.140 0.100 0186WA PTRANS-WA 0.105 Unch 125062.7 0.290 0.235 17.24 19/09/2020
0.305 0.125 0.185 0.175 0101WB TMCLIFE-WB 0.185 0.015 2361 0.830 0.750 12.65 21/06/2019
0.140 0.020 0.075 0.070 0007WA PUC-WA 0.070 Unch 1021.1 0.140 0.100 21.43 25/12/2024
0.810 0.560 0.585 0.585 8397WC TNLOGIS-WC 0.585 Unch 30 1.550 1.000 2.26 26/12/2018
0.145 0.015 0.070 0.065 0007WB PUC-WB 0.065 Unch 340 0.140 0.100 17.86 15/02/2019
0.485 0.109 0.400 0.400 7285WA TOMYPAK-WA 0.400 Unch 15 0.925 0.930 43.78 21/06/2021
0.750 0.235 0.615 0.615 7134WA PWF-WA 0.615 -0.005 84 1.080 0.620 14.35 20/07/2021
0.200 0.035 0.115 0.100 711317 TOPGLOV-C17 0.110 0.010 218.4 5.540 5.200 2.80 29/12/2017
0.170 0.030 0.095 0.090 5256WA REACH-WA 0.090 -0.005 3623.2 0.390 0.750 115.38 12/08/2022
0.200 0.025 0.025 0.025 7173WA TOYOINK-WA 0.025 Unch 15 0.700 1.500 117.86 20/04/2018
0.110 0.020 0.035 0.025 1066C2 RHBBANK-C2 0.025 -0.010 1362.9 5.030 5.600 12.82 28/02/2018
0.360 0.210 0.235 0.225 5401WA TROP-WA 0.230 0.005 10.6 0.925 1.000 32.97 06/12/2019
0.155 0.140 0.145 0.140 1066C3 RHBBANK-C3 0.140 -0.015 71.2 5.030 5.000 7.75 29/06/2018
0.425 0.110 0.175 0.170 5042WB TSRCAP-WB 0.175 -0.015 45.7 0.610 0.700 43.44 28/12/2020
0.090 0.045 0.050 0.045 5270WA RSENA-WA 0.045 -0.005 4127.5 0.455 0.500 19.78 01/12/2023
0.105 0.015 0.015 0.015 514844 UEMS-C44 0.015 -0.005 70 1.130 1.350 22.12 24/11/2017
0.315 0.065 0.295 0.280 5157WA SAUDEE-WA 0.290 Unch 513.9 0.560 0.500 41.07 31/03/2021
0.100 0.010 0.010 0.010 514845 UEMS-C45 0.010 Unch 1097.2 1.130 1.200 8.58 31/10/2017
0.185 0.055 0.110 0.105 0161WA SCH-WA 0.105 Unch 37.5 0.200 0.100 2.50 04/12/2021
0.150 0.095 0.100 0.095 514847 UEMS-C47 0.100 Unch 50.1 1.130 1.000 6.19 30/01/2018
0.190 0.055 0.125 0.110 0028WA SCOPE-WA 0.110 -0.020 0.7 0.230 0.150 13.04 17/07/2020
0.075 0.045 0.045 0.045 514851 UEMS-C51 0.045 Unch 69.4 1.130 1.200 14.16 22/02/2018
0.785 0.160 0.415 0.410 7073WB SEACERA-WB 0.410 -0.005 92.3 0.920 1.000 53.26 29/05/2019
0.395 0.195 0.235 0.230 5005CV UNISEM-CV 0.230 -0.020 144.5 3.750 3.100 1.07 30/11/2017
0.170 0.010 0.060 0.050 5250CF SEM-CF 0.060 0.020 810 1.550 1.550 7.74 28/11/2017
0.200 0.110 0.120 0.120 5005CX UNISEM-CX 0.120 Unch 175 3.750 3.450 6.40 30/11/2017
0.270 0.015 0.040 0.030 521838 SENERGYC38 0.035 -0.005 3521.1 1.490 1.650 15.44 30/11/2017
0.105 0.025 0.045 0.045 0069WB VIVOCOM-WB 0.045 Unch 11505.9 0.130 0.200 88.46 07/09/2018
0.100 0.015 0.020 0.015 521845 SENERGYC45 0.015 -0.010 3312.1 1.490 2.000 36.24 28/02/2018
0.140 0.050 0.075 0.075 0069WC VIVOCOM-WC 0.075 Unch 1064.7 0.130 0.100 34.62 22/01/2020
0.120 0.050 0.080 0.055 521846 SENERGYC46 0.055 -0.025 17011.9 1.490 1.700 22.58 30/01/2018
0.135 0.055 0.080 0.080 0069WD VIVOCOM-WD 0.080 Unch 2000 0.130 0.100 38.46 08/07/2020
0.130 0.055 0.090 0.060 521847 SENERGYC47 0.060 -0.030 3101 1.490 1.700 22.15 30/01/2018
0.055 0.020 0.040 0.040 7070WB VIZIONE-WB 0.040 0.005 1048 0.145 0.160 37.93 20/06/2018
0.145 0.085 0.110 0.085 521850 SENERGYC50 0.085 -0.030 1103 1.490 1.600 18.79 29/06/2018
0.115 0.030 0.100 0.090 7070WC VIZIONE-WC 0.095 0.005 16601.7 0.145 0.100 34.48 05/02/2022
0.080 0.060 0.080 0.060 521851 SENERGYC51 0.065 Unch 6791.4 1.490 1.900 36.24 09/04/2018
0.650 0.200 0.575 0.575 7240WA VOIR-WA 0.575 Unch 37 0.995 0.500 8.04 31/03/2024
0.200 0.115 0.185 0.180 5279CA SERBADK-CA 0.185 0.005 600 2.240 2.000 9.93 02/02/2018
0.435 0.155 0.410 0.395 6963CM VS-CM 0.410 0.030 857 2.650 1.800 -1.13 30/11/2017
0.120 0.090 0.110 0.110 5279CD SERBADK-CD 0.110 Unch 1316.6 2.240 2.600 30.80 30/03/2018
0.350 0.115 0.340 0.300 6963CN VS-CN 0.305 0.015 673 2.650 2.000 -1.51 08/12/2017
0.215 0.080 0.115 0.110 0055WA SERSOL-WA 0.115 -0.005 30 0.180 0.180 63.89 18/04/2023
0.230 0.090 0.210 0.210 6963CO VS-CO 0.210 -0.020 30.1 2.650 2.200 2.83 30/11/2017
0.205 0.055 0.160 0.160 7165WA SGB-WA 0.160 Unch 9.9 0.640 0.600 18.75 07/04/2021
0.190 0.105 0.190 0.175 6963CQ VS-CQ 0.190 0.015 312.6 2.650 2.280 7.55 30/03/2018
0.190 0.040 0.045 0.040 419714 SIME-C14 0.045 Unch 80 9.010 9.000 2.39 29/12/2017
1.000 0.240 0.975 0.930 6963WA VS-WA 0.965 0.050 29842.5 2.650 1.650 -1.32 06/01/2019
0.825 0.500 0.510 0.500 5242WA SOLID-WA 0.500 -0.030 6 1.020 0.500 -1.96 16/12/2020
0.665 0.050 0.070 0.065 9679WD WCT-WD 0.065 -0.005 2038 1.770 1.710 0.28 11/12/2017
0.285 0.135 0.160 0.160 0093WA SOLUTN-WA 0.160 Unch 192.4 0.285 0.200 26.32 04/07/2021
0.570 0.175 0.290 0.280 9679WE WCT-WE 0.290 0.005 145.2 1.770 2.080 33.90 27/08/2020
0.160 0.095 0.095 0.095 8664C2 SPSETIA-C2 0.095 -0.015 8.2 3.400 3.600 12.87 30/03/2018
0.070 0.055 0.055 0.055 524601 WPRTS-MC01 0.055 -0.010 90 3.730 4.100 14.34 14/12/2017
0.210 0.035 0.040 0.035 8664CV SPSETIA-CV 0.040 Unch 628.4 3.400 3.400 4.71 31/10/2017
0.930 0.490 0.660 0.650 7245WA WZSATU-WA 0.660 Unch 128 1.100 0.500 5.45 28/10/2024
0.400 0.080 0.120 0.120 8664CW SPSETIA-CW 0.120 -0.015 35 3.400 3.400 5.29 29/12/2017
0.220 0.020 0.165 0.150 5156WC XDL-WC 0.165 0.005 3.4 0.285 0.160 14.04 02/07/2018
0.200 0.015 0.015 0.015 8664CY SPSETIA-CY 0.015 -0.005 150 3.400 3.900 15.59 08/12/2017
0.020 0.005 0.010 0.010 0095WA XINGHE-WA 0.010 Unch 1311.3 0.055 0.100 100.00 22/03/2019
0.150 0.015 0.020 0.015 6084CE STAR-CE 0.020 -0.045 2003.8 1.660 2.261 38.82 26/02/2018
0.140 0.100 0.115 0.105 7293CN YINSON-CN 0.115 0.015 388 3.550 3.600 14.37 22/03/2018
0.125 0.020 0.065 0.060 0140WA STERPRO-WA 0.065 0.005 404.2 0.200 0.480 172.50 17/02/2021
0.185 0.050 0.060 0.055 7020WB YKGI-WB 0.055 -0.005 224.3 0.200 0.500 177.50 28/05/2020
0.175 0.095 0.170 0.160 0080WA STRAITS-WA 0.165 0.005 10439.4 0.255 0.115 9.80 10/08/2022
1.100 0.645 1.080 1.050 7066WA YONGTAI-WA 1.070 Unch 164 1.610 0.500 -2.48 24/06/2020
0.065 0.015 0.030 0.030 1201WA SUMATEC-WA 0.030 Unch 20 0.060 0.320 483.33 03/03/2021
0.100 0.010 0.020 0.010 4677C8 YTL-C8 0.015 -0.005 556.2 1.350 1.500 12.22 29/12/2017
0.060 0.015 0.025 0.020 1201WB SUMATEC-WB 0.020 Unch 1459.5 0.060 0.175 225.00 13/11/2018
0.450 0.240 0.250 0.240 6742WB YTLPOWR-WB 0.245 Unch 328.3 1.360 1.140 1.84 11/06/2018
0.225 0.110 0.195 0.190 5263CJ SUNCON-CJ 0.195 0.020 120 2.300 1.840 1.20 31/10/2017
0.110 0.040 0.050 0.045 2283WA ZELAN-WA 0.045 Unch 17.2 0.130 0.250 126.92 25/01/2019
0.165 0.100 0.125 0.125 5263CK SUNCON-CK 0.125 Unch 140 2.300 2.200 6.52 08/01/2018
Please refer to the Bursa Malaysia website for the prices of loan stocks, bonds and overseas structure warrants
 3 0 Markets FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY

INSIDER MOVES . TRADING THEMES . EVENTS . FOREX

Insider moves (Filings on Sept 27, 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. Exploding crop yields eat into prots
COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION
(DISPOSED) SHAREHOLDER AFTER CHANGE DATE With the help of major agricultural technology firms, nowadays farmers can squeeze
AMMB 324,500 EMPLOYEES PROVIDENT FUND BOARD 291,742,737 21/9 more corn from an acre than ever thought possible. But that doesnt mean more
BIMB (1,894,200) AMANAHRAYA TRUSTEES 91,322,039 25/9
- SKIM AMANAH SAHAM BUMIPUTERA
profits: The high yields have helped create persistent oversupply of corn, wheat
BOUSTEAD 3,679,000 LEMBAGA TABUNG ANGKATAN TENTERA 1,236,997,818 21/9 and soybeans around the world since 2013, spurring a crash in crop prices and
CAN-ONE (524,700) KOON YEW YIN 10,961,700 25 - 27/9 incomes at farms and agriculture companies.
CIMB GROUP 25,370,545 KUMPULAN WANG PERSARAAN 543,003,470 20 & 21/9
(DIPERBADANKAN)
CIMB GROUP 13,552,200 EMPLOYEES PROVIDENT FUND BOARD 1,204,994,113 13 - 15/9
DIALOG GROUP 2,000,000 EMPLOYEES PROVIDENT FUND BOARD 705,639,450 21/9
DIGI.COM 517,600 EMPLOYEES PROVIDENT FUND BOARD 1,052,418,304 21/9
FRASER & NEAVE (300,000) AMANAHRAYA TRUSTEES 30,094,000 25/9
- SKIM AMANAH SAHAM BUMIPUTERA
G NEPTUNE 3,000,000 CHAI THAM POH 27,688,000 26/9
GOH BAN HUAT 95,183,080 PARAGON ADVENTURE 95,183,080 27/9
HARTALEGA (453,900) EMPLOYEES PROVIDENT FUND BOARD 117,456,200 21/9
HIAP TECK VENTURE (1,100,000) LEMBAGA TABUAG HAJI 66,400,000 25/9
HUBLINE 54,000,000 BNDM INCORPORATED 147,332,100 25 & 26/9
IHH HEALTHCARE (2,109,300) EMPLOYEES PROVIDENT FUND BOARD 781,730,800 20 & 21/9
IJM CORPORATION 295,800 EMPLOYEES PROVIDENT FUND BOARD 537,370,278 21/9
IOI PROPERTIES GROUP 1,525,800 EMPLOYEES PROVIDENT FUND BOARD 290,251,643 21/9
KUALA LUMPUR KEPONG (1,642,500) EMPLOYEES PROVIDENT FUND BOARD 152,012,788 21/9
MAH SING GROUP (348,500) EMPLOYEES PROVIDENT FUND BOARD 214,703,261 25/9
MALAYAN BANKING 3,000,000 AMANAHRAYA TRUSTEES 3,714,330,685 25/9
- SKIM AMANAH SAHAM BUMIPUTERA
MALAYAN BANKING 400,000 EMPLOYEES PROVIDENT FUND BOARD 1,253,196,161 21/9
MANAGEPAY SYSTEMS 500,000 DATO CHEW CHEE SENG 153,553,838 26/9
MAXIS 870,400 EMPLOYEES PROVIDENT FUND BOARD 827,897,124 21/9
OLDTOWN (1,188,600) MAWER INVESTMENT MANAGEMENT 41,416,950 21/9
LTD. CANADA
PETRONAS CHEMICALS GROUP 1,437,600 EMPLOYEES PROVIDENT FUND BOARD 676,633,700 21/9
POS MALAYSIA 1,012,300 EMPLOYEES PROVIDENT FUND BOARD 61,556,836 19 & 21/9
PUBLIC BANK 603,300 EMPLOYEES PROVIDENT FUND BOARD 522,513,000 21/9
QL RESOURCES 500,000 AMANAHRAYA TRUSTEES 86,300,000 21/9
- SKIM AMANAH SAHAM BUMIPUTERA
S P SETIA (1,765,700) AMANAHRAYA TRUSTEES 783,526,231 25/9
- SKIM AMANAH SAHAM BUMIPUTERA
S P SETIA 307,100 EMPLOYEES PROVIDENT FUND BOARD 179,355,683 19 & 21/9
SAPURA ENERGY 3,000,000 EMPLOYEES PROVIDENT FUND BOARD 647,348,444 20/9
SIME DARBY 1,315,200 EMPLOYEES PROVIDENT FUND BOARD 757,073,231 21/9
SIME DARBY (8,000,000) AMANAHRAYA TRUSTEES 2,771,588,000 25/9
- SKIM AMANAH SAHAM BUMIPUTERA
SKP RESOURCES 794,200 EMPLOYEES PROVIDENT FUND BOARD 73,593,300 21/9
STAR MEDIA GROUP (168,900) EMPLOYEES PROVIDENT FUND BOARD 45,233,900 21/9
SUNWAY REAL ESTATE (1,472,400) EMPLOYEES PROVIDENT FUND BOARD 391,482,800 21/9
INVESTMENT TRUST
SUNWAY REAL ESTATE (5,000,000) AMANAHRAYA TRUSTEES 197,486,100 25/9
INVESTMENT TRUST - SKIM AMANAH SAHAM BUMIPUTERA
T7 GLOBAL (466,600) LEMBAGA TABUNG HAJI 25,352,200 25/9
TA GLOBAL 3,597,700 DATUK TIAH THEE KIAN 510,944,038 21 & 25/9
TELEKOM MALAYSIA 670,300 EMPLOYEES PROVIDENT FUND BOARD 668,972,201 21/9
TELEKOM MALAYSIA (3,000,000) AMANAHRAYA TRUSTEES 443,948,900 25/9
- SKIM AMANAH SAHAM BUMIPUTERA
TENAGA NASIONAL 5,164,500 EMPLOYEES PROVIDENT FUND BOARD 704,949,782 20 & 21/9
TENAGA NASIONAL (3,275,800) AMANAHRAYA TRUSTEES 354,334,000 27/9
- SKIM AMANAH SAHAM BUMIPUTERA
TIME DOTCOM 308,900 EMPLOYEES PROVIDENT FUND BOARD 29,267,600 21/9
YTL CORPORATION (567,900) EMPLOYEES PROVIDENT FUND BOARD 672,196,847 21/9
While every eort is made to ensure accuracy, the information presented is not an exhaustive list and is not an ocial record of shareholder
Stocks closest to year high Stocks closest to year low
lings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the ocial lings led with STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
Bursa Malaysia. Note: * denotes Ace Market (RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)

GBH 1.500 1.420 1.460 80.6 LBICAP 1.040 1.040 1.040 2.5
WONG 0.895 0.815 0.850 7382.4 YTL 1.370 1.350 1.350 7831

Local events to watch out for today HAIO

PANTECH
5.300
0.700
5.220
0.670
5.270
0.695
321.2
21171.3
SPSETIA-C2
SPSETIA-CY
0.095
0.015
0.095
0.015
0.095
0.015
8.2
150
DNONCE 0.350 0.330 0.350 3586.8 STAR 1.770 1.630 1.660 3740.3
Launch of the GetCover App at TPC Kua- rel I, Level 1, George Town, Penang from ECON-CH 0.105 0.100 0.105 130 UEMS-C44 0.015 0.015 0.015 70
TAWIN 1.400 1.290 1.310 2484.7 LBICAP-WA 0.090 0.070 0.075 100.4
la Lumpur, Jalan 1/70 D, off Jalan Bukit 9am to 2pm.
PETRONM-CF 0.230 0.230 0.230 16.1 FBMKLCI-C3F 0.050 0.045 0.045 150
Kiara, Jalan Bukit Kiara, Kuala Lumpur SKP Resources Bhds AGM and extraor- AHEALTH 5.010 4.930 5.010 108.6 PMETAL-C1 0.100 0.095 0.095 1020
at 8.30am. dinary general meeting at Hotel Ban- STRAITS 0.265 0.245 0.255 16268.8 SENERGYC50 0.110 0.085 0.085 1103
Selangor Dredging Bhds annual gener- gi-Putrajaya, Matahari 1, Level 3, off ASIAPAC-WB 0.100 0.075 0.100 92 MYEG 2.050 2.000 2.030 15450.4
al meeting (AGM) at Hotel Maya Kuala Persiaran Bandar, Bandar Baru Bangi BSTEAD 2.900 2.840 2.900 867.4 TEKSENG 0.505 0.490 0.495 1016.9
Lumpur, Ballroom, Jalan Ampang, Kam- at 11am. ECOWLD-CJ 0.075 0.060 0.075 70 GENM-C25 0.045 0.045 0.045 100
MMCCORP 2.130 2.050 2.070 434.1
pung Baru at 9am. SDC Group 40th anniversary dinner and
TGUAN-WA 2.510 2.490 2.500 65.5
Launch of Meet Taiwan organised the official launch of SDC Driving Coach ECON-CH 0.105 0.100 0.105 130
by the bureau of foreign trade, econom- app at Sentul Curry House, Jalan Sul- MMCCORP-C6 0.025 0.025 0.025 540
ic affairs ministry and implemented by tan Azlan Shah, Sentul, Kuala Lumpur. STAR-CE 0.020 0.015 0.020 2003.8
Taiwan External Trade Development Cocktail session starts from 6.30pm. 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
Council at Evergreen Laurel Hotel, Lau- 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 $ 0.611 0.720 0.701 0.536 0.897 0.976 0.979 0.920 3.0473 4.791 58.916 4.549 2.644 9,726 47.127 81.060 5.718 36.650 2.620 2.700 5.856 24.051 5.621
EURO 1.636 1.178 1.147 0.877 1.468 1.597 1.601 1.504 4.9852 7.838 96.383 7.441 4.326 15,911 77.097 132.610 9.355 59.956 4.287 4.416 9.580 39.347 9.196
US $ 1.389 0.849 0.974 0.745 1.246 1.356 1.359 1.277 4.2330 6.656 81.840 6.318 3.673 13,510 65.464 112.601 7.943 50.910 3.640 3.750 8.134 33.410 7.809
SWISS FR 1.427 0.872 1.027 0.765 1.280 1.393 1.396 1.312 4.3478 6.836 84.059 6.490 3.773 13,877 67.240 115.655 8.159 52.291 3.739 3.852 8.355 34.316 8.021
STERLING 1.866 1.140 1.343 1.308 1.674 1.822 1.826 1.716 5.6849 8.939 109.911 8.486 4.933 18,144 87.919 151.222 10.668 68.372 4.889 5.036 10.924 44.869 10.487
CANADA $ 1.115 0.681 0.803 0.781 0.598 1.089 1.091 1.025 3.3970 5.341 65.677 5.071 2.948 10,842 52.536 90.363 6.375 40.855 2.921 3.009 6.528 26.812 6.267
BRUNEI $ 1.024 0.626 0.737 0.718 0.549 0.919 1.002 0.942 3.1208 4.907 60.337 4.658 2.708 9,960 48.264 83.015 5.856 37.534 2.684 2.765 5.997 24.632 5.757
SINGAPORE $ 1.022 0.625 0.736 0.716 0.548 0.917 0.998 0.940 3.1141 4.896 60.207 4.648 2.702 9,939 48.160 82.837 5.844 37.453 2.678 2.759 5.984 24.579 5.745
AUSTRALIA $ 1.087 0.665 0.783 0.762 0.583 0.975 1.062 1.064 3.3136 5.210 64.064 4.946 2.875 10,576 51.246 88.144 6.218 39.852 2.849 2.936 6.367 26.153 6.113
MALAYSIA RM 0.328 0.201 0.236 0.230 0.176 0.294 0.320 0.321 0.302 1.0000 1.572 19.334 1.493 0.868 3,192 15.465 26.601 1.877 12.027 0.860 0.886 1.922 7.893 1.845
100 CHINESE RMB 20.871 12.758 15.025 14.628 11.188 18.722 20.379 20.423 19.194 63.6000 1,230 94.932 55.186 202,987 983.591 1,692 119.347 764.910 54.690 56.345 122.214 501.977 117.326
100 BANGLADH TAKA 1.697 1.038 1.222 1.190 0.910 1.523 1.657 1.661 1.561 5.1723 8.133 7.720 4.488 16,508 79.991 137.586 9.706 62.207 4.448 4.582 9.939 40.823 9.542
100 DANISH KRONER 21.985 13.439 15.827 15.409 11.785 19.722 21.467 21.513 20.218 66.9950 105.34 1,295 58.132 213,823 1,036.10 1,782 125.72 805.74 57.61 59.35 128.74 528.77 123.59
100 UAE DIRHAM 37.819 23.118 27.226 26.507 20.272 33.926 36.928 37.008 34.780 115.2464 181.21 2,228 172.02 367,823 1,782 3,066 216.26 1,386 99.10 102.10 221.46 909.61 212.60
1000 INA RUPIAH 0.010 0.006 0.007 0.007 0.006 0.009 0.010 0.010 0.009 0.0313 0.049 0.606 0.047 0.027 0.485 0.833 0.059 0.377 0.027 0.028 0.060 0.247 0.058
100 INDIA RUPEE 2.122 1.297 1.528 1.487 1.137 1.903 2.072 2.076 1.951 6.4661 10.167 125.014 9.652 5.611 20,637 172.003 12.134 77.767 5.560 5.728 12.425 51.035 11.928
100 JAPAN YEN 1.234 0.754 0.888 0.865 0.661 1.107 1.205 1.207 1.135 3.7593 5.911 72.682 5.611 3.262 11,998 58.139 7.054 45.213 3.233 3.330 7.224 29.671 6.935
100 NORWEGIAN KRONER 17.488 10.690 12.589 12.257 9.374 15.687 17.076 17.112 16.082 53.2900 83.789 1,030 79.543 46.240 170,082 824.144 1,418 640.913 45.825 47.211 102.402 420.603 98.306
100 PHILIPPINE PESO 2.729 1.668 1.964 1.912 1.463 2.448 2.664 2.670 2.509 8.3147 13.073 160.755 12.411 7.215 26,537 128.589 221.177 15.603 7.150 7.366 15.978 65.626 15.338
100 QATAR RIYAL 38.162 23.327 27.473 26.747 20.456 34.234 37.263 37.343 35.095 116.2912 182.848 2,248 173.582 100.907 371,158 1,798 3,093 218.223 1,399 103.025 223.465 917.854 214.527
100 SAUDI RIYAL 37.042 22.642 26.666 25.962 19.856 33.228 36.169 36.247 34.065 112.8770 177.480 2,182 168.486 97.944 360,261 1,746 3,003 211.816 1,358 97.064 216.904 890.907 208.229
100 SWEDISH KRONOR 17.077 10.439 12.294 11.969 9.154 15.319 16.675 16.711 15.705 52.0400 81.824 1,006.131 77.677 45.155 166,092 804.813 1,384 97.654 625.879 44.750 46.103 410.737 96.000
100 THAI BAHT 4.158 2.542 2.993 2.914 2.229 3.730 4.060 4.069 3.824 12.6699 19.921 244.957 18.912 10.994 40,438 195.943 337.028 23.775 152.380 10.895 11.225 24.346 23.373
100 HK$ 17.789 10.874 12.806 12.468 9.535 15.958 17.370 17.407 16.359 54.2081 85.233 1,048.049 80.914 47.037 173,012 838.343 1,442 101.723 651.955 46.614 48.024 104.166 427.849
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.
FRIDAY S E P T E MBE R 29 , 20 17 T HEED G E FINA NCIA L DA ILY
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES

Index futures Money market

Long Rolls - KLCI futures US Dollar Klibor
FKLI
Index points Open Interest Index points USD Index Implied interest rate (%)
105.0
1980 90000 18.00 3.50 93.209 4.5
1,753.00 (+3.50) (-0.152) 3.50
(-2.00) 96.5 (Unch)
1785 68000 4.75
3.5

-8.50 88.0
1590 46000

2.5
1395 -21.75 79.5
24000

71.0
1200 2000 -35.00 1.5
Jan 4, 2010 Sept 28, 2017 Jan 4, 2010 Sept 28, 2017 Oct 2, 2006 Sept 28, 2017 Oct 1, 2000 Sept 28, 2017

FBM KLCI futures close mixed FBM KLCI futures US dollar pauses after Klibor
amid weaker cash market INDEX AND FUTURES
CONTRACT LAST CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
moving up MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures contracts on Bursa FBMKLCI 1,758.06 -6.18 119.05M The US dollar consolidated gains after hitting OCT7 96.53
NOV7 96.52
Malaysia Derivatives closed mixed yesterday SEP 17 1,753.00 -2.00 6,236 25,448 -5,621 a one-month high yesterday against a basket DEC7 96.50
amid the weaker underlying cash market. OCT 17 1,757.00 2.00 7,156 32,040 12,675
of currencies as US Treasury yields rose, MAR8 96.50
DEC 17 1,759.00 1.50 70 406 4
September 2017 declined two points to MAR 18 1,759.50 3.00 36 236 4
prompting investors to unwind some of JUN8 96.50
1,753; October 2017 gained two points to 1,757; TOTAL their US dollar shorts. SEP8 96.50
13,498 58,130 7,062
DEC8 96.50
December 2017 rose 1.5 points to 1,759; and Hawkish rhetoric by the US Federal MAR9 96.50
March 2018 increased three points to 1,759.5. FUTURES
SEP/OCT
ROLL OVER BID
5.0
OFFER
2.0
CLOSE
3.5
Reserve has bond yields threatening to break JUN9 96.50
Turnover shed to 13,498 lots from 22,114 lots out of their multi-month trading ranges, SEP9 96.50
on Wednesday, while open interest narrowed FUTURES FAIR VALUE leaving market watchers dubious about a DEC9 96.50
CONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE MAR0 96.50
to 58,130 contracrs from 74,795 contracts. SEP 17 1 0.15 4.78 -4.63
fundamental change in the outlook for the JUN0 96.50
The underlying benchmark FBM KLCI OCT 17 33 5.07 6.99 -1.92 US economy. SEP0 96.50
finished 6.18 points lower at 1,758.06. ROLLS FAIR 2.71 In our view, this is a corrective move DEC0 96.50
Southeast Asian stock markets, except higher and the long-term outlook for the MAR1 96.50
JUN1 96.50
Vietnam, slipped yesterday, in line with US dollar still remained lower, said Stephen
SEP1 96.50
regional currencies and equities that lost Gallo, European head of FX Strategy for BMO DEC1 96.50
their appeal after US President Donald Financial Group in London. MAR2 96.50
Trumps proposal for a tax overhaul lifted Yesterday, the US dollar was flat at 93.34. JUN2 96.50
the US dollar and bond yields. profit booking, while Singapore benchmark It has gained 2.5% since hitting a 2-year SEP2 96.50
TOTAL 0 0
Philippine shares closed 0.8% lower on index dropped 0.3%. Agencies low of 91.35 in mid-September. 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
US$/troy oz
CPO RM/tonne Open Interest Soyoil US$/Ibs US$/bbl
1980
4200 200000 6400 0.700 155.00

3450 5075 0.3318 0.525 121.25

1660
152500 1,286.10
(RM3,094/tonne)
(+0.30)
2700 87.50 1340
105000 3750 0.350
52.43
(+0.29)
1950 53.75 1020
2,708 57500 2425 0.175
(-39) 2,708
1200 10000 (-39) 700
20.00
1100 0.000
Jan 6, 2008 Sept 28, 2017 Apr 10, 2007 Sept 28, 2017 Aug 31, 2008 Sept 28, 2017
Jan 6, 2008 Sept 28, 2017

Palm oil price drops for CPO futures Oil climbs as tension over Commodities

second day CONTRACT

OCT-17
LAST
2,727
CHANGE
-32
VOLUME
123
OPEN CHANGE IN
INTEREST OPEN INTEREST
3,778 -140
Iraqi Kurdistan rises AGRICULTURE
CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
2,708 -39
RUBBER SEN/KG MRB 600.00 -38.00
NOV-17 2,706 -38 4,101 17,268 -1,986
Malaysian palm oil futures were lower Oil prices rose yesterday, spurred by rising CORN USC/BSH CBOT 352.50 -1.50
DEC-17 2,708 -39 27,268 69,868 1,409
SOYBEANS USC/BSH CBOT 959.00 -6.50
yesterday evening, tracking the weakness in JAN-18 2,712 -40 12,692 46,617 1,131 tension around northern Iraq following
WHEAT USC/BSH CBOT 459.50 -2.00
rival edible oilseeds and recording a second FEB-18 2,718 -39 5,493 15,998 727 the Kurdistan regions vote in favour of LIVE CATTLE USC/IBS CME 114.90 1.43
straight day of losses. CPO FUTURES CPO/SOYOIL independence in a referendum. COCOA US$/TON NYBOT 2,018 7
The benchmark palm oil contract for INDICATIVE ROLL-OVER CURRENT FUTURES BASIS (USD) Brent oil was up 43 US cents at US$58.33 COFFEE USC/IBS NYBOT 132.35 -0.60
OCT/NOV 21 -74.29
December delivery on Bursa Malaysia OCT/DEC 19 3 MONTHS AVERAGE -96.51
a barrel. It hit a more than two-year high SUGAR USC/IBS NYBOT 13.81 -0.02
Derivatives fell 1.5% or RM39 to RM2,708 OCT/JAN of US$59.49 on Tuesday after Mondays COTTON USC/IBS NYC 67.56 -0.23
15 6 MONTHS AVERAGE -90.50
a tonne at the close of trade. NOV/DEC -2 referendum vote prompted Turkey to threaten METAL & PRECIOUS METALS
TIN US$/TON KLTM 20,700 UNCH
The heavy drop in China palm olein and SGS & ITS EXPORT ESTIMATES (TONNES) to close the regions oil pipeline.US crude was COPPER USC/IBS CMX 2.9405 0.0110
weakness in rival oilseed soy dampened SHIPMENT DAYS JUN17 JUL17 AUG17 29 US cents higher at US$52.43 after reaching GOLD US$/TROY OZ CMX 1,286.10 0.30
market sentiment, said a Kuala Lumpur 1 - 10TH DAYS 367/367 381/360 363/355 a five-month intraday high of US$52.86. PLATINUM US$/TROY OZ NYMEX 919.40 -3.60
based futures trader, referring to palm olein 1 - 15TH DAYS 524/509 616/599 537/512
Kurdistan and Northern Iraq now export PALLADIUM US$/TROY OZ NYMEX 925.50 4.65
on Chinas Dalian Commodity Exchange 11 -- 20TH DAYS
25TH DAYS
710/721
996/986
818/797
1,044/1,017
693/679
956/934
500,000 barrels per day (bpd) to 550,000 bpd. SILVER USC/TROY OZ CMX 16.81 0.01
(DCE) and soyoil on the US Chicago Board FULL MONTH That would be a big loss to the market, said ALUMINIUM RMB/TON SHF 16,335 -45
1,210/1,190 1,260/1,239 1,259/1,243
ZINC RMB/TON SHF 26,010 400
of Trade. MALAYSIAN PALM OIL BOARD Tamas Varga, analyst at brokerage PVM Oil
China soybean oil futures fell over 2% MAY17 JUN17 JUL17 AUG17 Associates. ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 52.43 0.29
yesterday, reaching their lowest level in three PRODUCTION 1,655 1,514 1,827 1,810 US crude inventories fell 1.8 million HEATING OIL USC/GAL NYMEX 1.8375 -0.0015
months, following a drop in global prices and EXPORT
STOCKS
1,506
1,558
1,379
1,527
1,398
1,784
1,487
1,942
barrels last week, the US Energy Department NATURAL GAS US$/MMBTU NYMEX 3.208 -0.010
amid ongoing pressure from large stocks. said, versus forecasts for a 3.4 million-barrel BRENT CRUDE US$/BBL ICE 58.33 0.43
MPOB Palm oil physical
A palm oil trader said DCEs palm olein build. Reuters GAS OIL US$/TON ICE 554.50 5.75
decline could be due to profit-taking ahead (IN RM/TON) SEP17 OCT17 NOV17
CPO DELD 2,706.00 2,703.00 2,720.00 Centrifuged Latex
of a week-long holiday. PK EX-MILL 2,594.00 NO TRADE NO TRADE Rubber - Msia SMR 20
Chinas announcement on Monday that CPKO DELD NO TRADE NO TRADE NO TRADE Sen/Kg
Sen/Kg
it would start auctioning soybeans its from RBD P.OIL FOB NO TRADE NO TRADE NO TRADE 1100 1900
state reserves could also weigh on trading RBD P.OLEIN FOB NO TRADE NO TRADE NO TRADE
505.00
sentiment, said traders. RBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE 900 (-17.50) 1475 600.00
Palm oil prices are affected by the MPOB FFB REF PRICE (MILL GATE PRICE) (-38.00)

performance of related edible oils such as REGION GRADE A GRADE B GRADE C 700 1050
OER (RM/TON) OER(RM/TON) OER (RM/TON)
soy, as they compete for a share of the global NORTH 20.00% 611 19.00% 585 18.00% 558
vegetable oils market. SOUTH 20.00% 618 19.00% 591 18.00% 564
500 625
Buyers would usually switch to soyoil CENTRAL 20.00% 613 19.00% 586 18.00% 559
if its spread with palm oil narrows, as it is EAST COAST 20.00% 612 19.00% 586 18.00% 560 300 200

perceived to be of better quality. Reuters SABAH

SARAWAK
22.00% 594
22.00% 601
21.00% 570
21.00% 576
20.00% 546
20.00% 551
Jan 7, 2007 Sept 28, 2017 Jan 7, 2007 Sept 28, 2017
 Markets
32 FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY

F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S . B U R SA M A L AY S I A E Q U I T Y D E R I VAT I V E 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 1,758.06 6.18 FBM ACE 6,496.91 44.80 FTSTI 3,227.14 9.01 NIKKEI 20,363.11 96.06 HANG SENG 27,421.60 220.83 DOW JONES 22,340.71 56.39

To live a creative life, we must lose our fear of Market movers

being wrong. Joseph Chilton Pearce
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 TIGER 139,171.6 UNCH UNCH 0.060 0.00
('000) (%) (RM) (RM) (RM) (RM) PTRANS-WA 125,062.7 0.035 50.00 0.105 0.00
Index point
1767.0 TIGER 139,172 0.00 0.000 0.060 0.065 0.055 HUBLINE 99,392.6 0.005 4.55 0.115 45.83 0.00
1765.4 NICORP 38,766 -7.69 -0.005 0.060 0.065 0.055 HIBISCS 61,378.4 -0.005 -0.77 0.645 8.42 0.00
1763.8 KL Composite Index GLOTEC 27,661 0.00 0.000 0.050 0.060 0.050 KNM 61,125.4 -0.015 -5.36 0.265 0.00
1762.2 PTRANS 27,571 -4.92 -0.015 0.290 0.310 0.285 UMWOG-OR 54,104.9 UNCH UNCH 0.005 0.00
1760.6 1,758.06 PANTECH 21,171 3.73 0.025 0.695 0.700 0.670 NICORP 38,766.2 -0.005 -7.69 0.060 5.46 0.00
(-6.18) VIZIONE-WC 16,602 5.56 0.005 0.095 0.100 0.090 TRIVE 38,077.6 UNCH UNCH 0.165 75.00 0.00
1759.0
KLCI futures STRAITS 16,269 2.00 0.005 0.255 0.265 0.245 UMWOG 37,886.5 -0.005 -1.64 0.300 0.00
1757.4
NWP 10,709 13.33 0.020 0.170 0.180 0.155 EAH 35,926.5 0.005 11.11 0.050 40.00 0.00
1755.8 1,753.00 STRAITS-WA 10,439 3.13 0.005 0.165 0.170 0.160 VIZIONE 29,851.8 UNCH UNCH 0.145 131.82 0.00
1754.2 (-2.00) DNONCE-WA 8,497 7.69 0.010 0.140 0.140 0.130 VS-WA 29,842.5 0.050 5.46 0.965 0.00
1752.6 WONG 7,382 9.68 0.075 0.850 0.895 0.815 GLOTEC 27,661.0 UNCH UNCH 0.050 0.00
1751.0 IOICORP 6,126 1.55 0.070 4.580 4.590 4.510 PTRANS 27,571.3 -0.015 -4.92 0.290 12.35 2.39
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15
YINSON 5,190 2.01 0.070 3.550 3.620 3.510 SENERGY 27,326.2 -0.120 -7.45 1.490 223.61 0.62
MIECO 5,030 7.21 0.080 1.190 1.200 1.110 TRIVE-WB 26,948.7 UNCH UNCH 0.040 0.00
Daily FBM KLCI PANTECH-WA 4,058 2.08 0.005 0.245 0.255 0.240 PUC 25,169.5 UNCH UNCH 0.140 58.33 0.00
ASIAPAC 3,713 6.67 0.010 0.160 0.165 0.150 STERPRO 24,399.4 UNCH UNCH 0.200 0.00
KL Composite Index Moving average - 20-day HUAAN 23,375.8 -0.005 -2.33 0.210 0.00
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
2030.0 1,758.06 CIMB 21,700.7 -0.030 -0.48 6.270 13.41 3.17
traded for a particular counter on the previous trading day is more than triple the average volume for the
(-6.18) 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)
1727.5
UP
1425.0
1,774.86 FBM KLCI falls 0.4% as foreign CLOSE
CHANGE
(RM)
DOWN
CLOSE
CHANGE
(RM)

selling continues MPI

TASEK
13.280
12.920
0.340
0.260
ALLIANZ
PANAMY
14.020
38.020
-0.480
-0.380
1122.5 MAGNI 6.500 0.250 HEIM 18.400 -0.340
SAM 6.890 0.240 POS-C13 0.095 -0.285
KUALA LUMPUR: The FBM KLCI dropped 6.18 points or BAT 44.500 0.200 ANNJOO-CF 0.130 -0.240
820.0 0.4% to 1,758.06 yesterday mainly on late selling of index- YSPSAH 2.920 0.150 KESM 15.600 -0.200
Jan 2, 2008 Sept 28, 2017 constituent Genting Bhd shares. Malaysian equities have VS 2.650 0.120 JCY-C4 0.045 -0.195
seen foreign selling on US interest rate hike and tax cut cues. HARTA 6.910 0.110 PETRONM-CE 0.275 -0.185
900
Genting shares fell three sen to RM9.48. In currency AHEALTH 5.010 0.110 AJI 20.000 -0.180
GTRONIC 6.110 0.100 HLIND 9.190 -0.180
markets, the ringgit weakened to 4.2310 versus the US dollar
600 PETRONM 10.300 0.080 HSI-C1K 0.960 -0.160
at 5.22pm. PETRONM-CF 0.230 0.080 PETDAG 24.340 -0.160
300 It (Malaysian shares) was down since last week on
foreign selling factor. Investors sentiment will definitely get Top gainers and losers (ranked by percentage)
0
affected from this.

Volume (mil)
At the moment, the US dollar is strengthening against UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
the ringgit, Inter-Pacific Securities Sdn Bhd research head
FBM KLCI futures Pong Teng Siew told theedgemarkets.com. EAH-WB 0.025 66.67 JCY-C4 0.045 -81.25

CONTRACT SETTLEMENT CHANGE HIGH LOW

Reuters reported that the US dollar and US bond yields EAH-WC 0.025 66.67 POS-C13 0.095 -75.00
PETRONM-CF 0.230 53.33 STAR-CE 0.020 -69.23
SEP 17 1,753.00 -2.00 1,758.00 1,752.00 rose yesterday after US President Donald Trump proposed DGB-WA 0.015 50.00 ANNJOO-CF 0.130 -64.86
OCT 17 1,757.00 2.00 1,760.00 1,754.50 the biggest US tax overhaul in three decades and as strong US PTRANS-WA 0.105 50.00 SENERGYC51 0.065 -56.67
DEC 17 1,759.00 1.50 1,761.00 1,756.00
economic data supported the case for a US Federal Reserve APFT-WA 0.015 50.00 MBSB-C1 0.025 -44.44
rate hike later this year. SEM-CF 0.060 50.00 PETRONM-CE 0.275 -40.22
FBM KLCI sensitivity* Trump offered to lower corporate income tax rates, cut ASIAPAC-WB 0.100 25.00 SENERGYC45 0.015 -40.00

KLCI CHANGE CLOSE VOLUME taxes for small businesses and reduce the top income tax ARMADA-C27 0.050 25.00 MMCCORP-C6 0.025 -37.50
POINTS (RM) (RM) ('000) AXIATA-C15 0.170 21.43 GENM-C25 0.045 -35.71
IOI CORPORATION 0.72 0.070 4.580 6125.6
rate for individuals. The US dollars strength pressured many JETSON-WB 0.085 21.43 MBSB-CZ 0.010 -33.33
AXIATA GROUP 0.44 0.030 5.210 12151.4 emerging market currencies and bonds, helping drag down ECONBHD-CA 0.205 20.59 IJM-C4 0.020 -33.33
IJM CORPORATION -0.24 -0.040 3.260 3637.8 MSCIs Broadest Index of Asia-Pacific shares outside Japan
PETRONAS DAGANG -0.26 -0.160 24.340 87.8 0.4% to one-month low. Top gainers and losers - warrants (ranked by percentage)
MAYBANK -0.35 -0.020 9.800 18244.1 Across Bursa Malaysia, there were 473 decliners versus
YTL CORPORATION -0.36 -0.020 1.350 7831.0 UP CHANGE DOWN CHANGE
TENAGA NASIONAL BERHAD -0.37 -0.040 14.320 6597.2
316 advancers. A total of 2.31 billion shares worth RM2.19 CLOSE (%) CLOSE (%)
PETRONAS GAS -0.39 -0.120 18.000 214.7 billion were traded. by Neily Syafiqah Eusoff EAH-WB 0.025 66.67 JCY-C4 0.045 -81.25
AMMB HOLDINGS -0.40 -0.080 4.310 3461.2
World equity indices EAH-WC 0.025 66.67 POS-C13 0.095 -75.00
TELEKOM MALAYSIA -0.43 -0.070 6.340 1298.9 PETRONM-CF 0.230 53.33 STAR-CE 0.020 -69.23
CIMB GROUP -0.45 -0.030 6.270 21700.7 CLOSE CHANGE CLOSE CHANGE DGB-WA 0.015 50.00 ANNJOO-CF 0.130 -64.86
IHH HEALTHCARE -0.54 -0.040 5.790 1129.9
DOW JONES 22,340.71 56.39 INDONESIA 5,841.05 -21.98 PTRANS-WA 0.105 50.00 SENERGYC51 0.065 -56.67
RHB BANK -0.59 -0.090 5.030 1744.5
S&P 500 2,507.04 10.20 JAPAN 20,363.11 96.06 APFT-WA 0.015 50.00 MBSB-C1 0.025 -44.44
MISC -0.66 -0.090 7.300 1054.0
NASDAQ 100 5,937.79 56.46 KOREA 2,373.14 0.57 SEM-CF 0.060 50.00 PETRONM-CE 0.275 -40.22
WESTPORTS HOLDINGS -0.67 -0.120 3.730 1267.2
FTSE 100 7,313.51 27.77 PHILIPPINES 8,156.04 -65.88 ASIAPAC-WB 0.100 25.00 SENERGYC45 0.015 -40.00
GENTING MALAYSIA -0.97 -0.100 5.320 6341.0
AUSTRALIA 5,670.39 6.10 SINGAPORE 3,227.14 -9.01 ARMADA-C27 0.050 25.00 MMCCORP-C6 0.025 -37.50
SUB-TOTAL -5.51
CHINA 3,339.64 -5.63 TAIWAN 10,296.45 -30.23 AXIATA-C15 0.170 21.43 GENM-C25 0.045 -35.71
OTHERS -0.67
HONG KONG 27,421.60 -220.83 THAILAND 1,666.36 -3.91 JETSON-WB 0.085 21.43 MBSB-CZ 0.010 -33.33
GRAND TOTAL -6.18
INDIA 31,282.48 122.67 VIETNAM 804.82 1.05 ECONBHD-CA 0.205 20.59 IJM-C4 0.020 -33.33
* How stock price changes affected the index on the previous trading day

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EP 2 FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY
The Edge Property Sdn Bhd
(1091814-P)
Level 3, Menara KLK,
No 1 Jalan PJU 7/6, Mutiara
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EdgeProp.my
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is also distributed at more than
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EDITORIAL
Editor-in-Chief Azam Aris
CORPORATE
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ADVERTISING & MARKETING
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NEWS
Design your dream home to win
RM10,000 and a trip to Paris
BY RACH EL C HEW
PETALING JAYA: It isnt every day
that you get to win a RM10,000
cash prize or a paid trip to Paris,
but take part in the EdgeProp.my-
TAHPS Beautiful Home 2017 Inte-
rior Design Contest and you may
find yourself doing just that.
Organised by EdgeProp.my and
TAHPS Group Bhd, the interior de-
sign contest will see eight winners
from two categories individual
and student walk away with to-
tal prizes worth over RM30,000.
We are excited about the con-
test as it offers an opportunity for
everyone students, professionals
and non professionals to show-
case the interior design of his or her
dream home and win a prize in the
process, said EdgeProp.my man-
aging director and editor-in-chief
Au Foong Yee.
Clever interior design can do
wonders to a home, she said.
Creative interior design ideas are
able to, for instance, transform a
modest room into a seemingly
bigger yet cosier space.
Indeed, with property prices
climbing due to the increasing cost
of doing business as well as land
cost, more people are moving into
high-rises these days, Au added.
Meanwhile, TAHPS group CEO
Eugene Khoo views the collabora-
tion with EdgeProp.my as a strate-
gic partnership, given the latters
focus in the property sector.
trending
now
LAUNCHES + EVENTS
Gamuda Gardens ofcial
opening
Date: Sept 30 (Sat)
Time: 10am to 6pm
Venue: Gamuda Gardens Sales
Gallery, Lot 3825 & 3826, Jalan
Sungai Serai, Kampung Sungai
Serai, Rawang, Selangor
Contact: (03) 6037 2888
Gamuda Land is unveiling
new show units for phase 2 of
its latest township, Gamuda
Gardens. The rst phase of this
810-acre township had comprised
2-storey terraced houses with
built-up sizes of 20 ft by 70 ft.
Magical Reunion at
Setia EcoHill
Date: Sept 30 and Oct 1
(Sat and Sun)
Time: 6pm to 10pm
PICTURES BY LOW YEN YEING | EdgeProp.my
Au: Creative
interior
design ideas
are able to,
for instance,
transform
a modest
room into a
seemingly
bigger yet
cosier space.
The partnership would allow us
to contribute to the development
of the interior design industry. We
see the interior design industry as
complementing and contributing
to the development of the property
industry in general, he said.
The contest is open to any stu-
dent, interior designer, interior
architect or individual residing
in Malaysia and aged 18 years
and above.
Participants are required to
submit their design based on
TAHPS Epic Residence duplex
unit (Type C1) floor plan.
Epic Residence is a 21-storey
serviced apartment built on a 2.3-
acre prime freehold land in the
thriving township of Bukit Pu-
chong, Selangor.
The exclusive and low-densi-
ty project offers 300 units in two
blocks.
We chose Epic Residence du-
plex unit for the floor plan as it
has a larger built-up area of 1,860
sq ft, which is much bigger than
Venue: Setia Ecohill Welcome
Centre, 2, Jalan Ecohill 1, Setia
Ecohill, Semenyih, Selangor
Contact: (03) 8724 2255
Visit Setia EcoHill this weekend
to celebrate the Mid-Autumn
Festival with sumptuous food
from a variety of food stalls
and trucks while enjoying
a jazz band, kung fu dance
and Chinese orchestra.
VERVE Suites KL Souths
Mid-Autumn Festival
Celebration
Date: Sept 30 and Oct 1
(Sat and Sun)
Time: 11am to 3pm
Venue: BKP Gallery, VERVE
Suites KL South, 355, Jalan
Klang Lama, Kuala Lumpur
Contact: (03) 7980 8999
Celebrate this Mid-Autumn
Festival at VERVE Suites KL
South and take part in fun-lled
activities and enjoy performances
including mooncake making,
colouring contest for kids,
games for all ages, traditional
dance, Chinese orchestra
Khoo: The
partnership
would
allow us to
contribute
to the
development
of the
interior
design
industry.
the typical serviced apartment
size. Given this size, it would
allow designers to be more crea-
tive with the use of space in their
concept and design. We expect
a wide variety of creative design
ideas. We did not want to limit
the imagination of the design-
ers by choosing a small built-up
area, said Khoo.
The grand prize winner of the
student category will be walking
away with RM10,000 cash prize.
There are also three consolation
prizes of RM800 each.
Meanwhile, the grand prize in
the individual category is a paid
trip to the Maison&Objet Fair 2018
in Paris worth up to RM15,000,
while there will be three consola-
tion prizes of RM1,000 cash each.
All entries must be: submitted
online at http://go.edgeprop.my/
idcontest2017, and delivered to
The Edge Property Sdn Bhd at
Level 3, Menara KLK, No 1, Jalan
PJU 7/6, Mutiara Damansara,
47810 Petaling Jaya, Selangor.
How do I get past issues of this weekly pullout?
Go to www.EdgeProp.my to download for free
If you have any real estate-related events, email us at editor@edgeprop.my.
Events listed here will also appear on www.EdgeProp.my.
and diabolo performances.
Refreshments will be served.
The Henley Homes
Collection rst
international launch in KL
Date: Sept 30 and Oct 1
(Sat and Sun)
Time: 10.30am to 6pm
Venue: Straits Boardroom, The
Westin Kuala Lumpur, 199,
Jalan Bukit Bintang, Bukit
Bintang, Kuala Lumpur
Contact: (012) 633 1006
/ (017) 703 2413
Amax Real Estate is bringing
London-based developer Henley
Homes rst international
property launch in KL this
weekend. A seminar titled The
London & Manchester Property
Market Today What Should
You Buy will be held at 11am
and 3pm on both days.
Yarra One showcase
Date: Sept 30 (Sat)
Time: 2pm to 5pm
Venue: EcoWorld International, 2,
Jalan Hang Tuah, Kuala Lumpur
--TAHPS
Beautiful
home 2017 ID Contest
ENTER
NOW!
Have your design
recognised!
FIND OUT
HOW TO JOIN
& MORE at
www.EdgeProp.my
ORGANISED BY
E XC LU S I V E PA R T N E R
All submissions must be made
and reach The Edge Property of-
fice by 4.30pm by Oct 13, 2017.
Check out http://go.edge-
prop.my/idcontest2017 for more
details.
Contact: (03) 2116 2525
EcoWorld International is
showcasing Yarra One a
27-storey tower that houses
268 apartments located at
South Yarra, Melbourne,
Australia. The event will also
feature a talk by SMATS Group
director Ravin Chatlani and
a cooking demonstration by
Diana Chan, the winner of
MasterChef Australia 2017.
Celebrate Mid-Autumn
Festival at Bandar
Rimbayu
Date: Oct 7 (Sat)
Time: 6pm to 9pm
Venue: The ARC, Bandar Rimbayu
Show Gallery, 1, Jalan Flora 3,
Telok Panglima Garang, Selangor
Contact: (1800) 22 8686
IJM Lands Bandar Rimbayu
is celebrating the festival with
homeowners and the public.
Guests will have the chance to
discover how the Mid-Autumn
Festival is celebrated in Japan,
Korea, China and Vietnam,
and enjoy it Malaysian style.
EP 4 FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY

NEWS

What should you do when THE GRENFELL IN

LONDON FIRE TOOK
AT LEAST 70 LIVES.

your home catches re?

IN DUBAI, THE TORCH
TOWER CAUGHT FIRE.
CAN IT HAPPEN IN
MALAYSIA?

MOHD IZWAN MOHD NAZAM | THE EDGE MALAYSIA

B Y R ACHE L CHEW

PETALING JAYA: Can you escape if SYMPOSIUM 2017

a fire breaks out in your apartment
block? Was the building built or
renovated with fire safety in mind?
Are you sure the staircase is clear
and offers you a path to escape?
When there is a fire, what should
be your first response try to
douse it or run? Get the answers
to these questions and more at the
upcoming EdgeProp.my Sympo-
sium 2017 Is Your Home a Fire
Hazard?
Organised by EdgeProp.my,
the half-day free symposium will
be held on Saturday, Oct 14 from
9am to 1pm at the Hilton Kuala
Lumpur. Participants can register
online based on a first-come, first-
served basis.
The symposium is presented by
Gamuda Land and supported by
Nippon Paint Malaysia.
Five experts will be sharing fire
safety and prevention measures in
buildings and homes. They are Ar-
chitect Centre accredited building
inspector and trainer Anthony Lee
Tee, Lee Siong Architect principal
architect Chong Lee Siong, Fire
and Rescue Department Malay-
sias (Bomba) Fire Safety Division
assistant commissioner Hamdan
Ali, Henry Butcher Malaysia (Mont
Kiara) Sdn Bhd executive director
Low Hon Keong and the Energy
Commissions Electrical Equip-
ment Unit Electrical Safety Reg-
ulations Department officer Nur
Faidarina Alias.
EdgeProp.my managing direc-
tor and editor-in-chief Au Foong
Lee: Not many know where the re
staircase of their own condominium
is [located at].
Low: Fire staircases and other re
prevention features are crucial when
re breaks out.
LOW YEN YEING | EdgeProp.my
IS YOUR HOME A
FIRE
HAZARD?
14 October 2017
(Saturday)
9AM SHARP 1PM
Ballroom A,
Level 6,
Hilton
Chong: Some people dont even Hamdan: Generally, new buildings Kuala Lumpur
know whether the building is up to in Malaysia meet re safety
standard or not. standards.
Lees talk will be entitled Burning
facts that you cannot ignore, where FREE!
he will share facts and figures based FIRST-COME,
on real-life fire incidents in Malay-
sia, as well as electrical safety issues.
FIRST-SERVED
Bombas Hamdan will be ex- REGISTER NOW AT
pounding on the topic Fire safety www.EdgeProp.my
and building regulations Is Ma- FOR DETAILS
laysia outdated? CALL 03. 7721 8289
I will be focusing on the four Es or EMAIL
events@edgeprop.my
Engineering, Education, Enforce-
ment and Emergency Response
Plan. The four Es pretty much cover ORGANISED BY
the role of the developer, authorities
and users in building fire safety,
Hamdan said.
Faidarina: I think this symposium There is a certain regulation
is a good opportunity to stress the that all buildings have to follow PRESENTING SPONSOR
importance of responsible behaviour with regards to fire safety. I would
towards the use of electricity. say generally, new buildings in
Malaysia meet fire safety stand-
ards but older buildings that were SUPPORTING SPONSOR

Yee said the symposium is aimed
at raising awareness on the need
for everyone to stay vigilant and
updated on fire safety procedures
and responses.
She noted that, unfortunately,
there are people who think they know
what to do if there is a fire, and others
who, worse still, choose to brush off
the subject simply because they think
it will not happen to them.
Fire safety awareness goes be-
yond the correct selection and use
of fire extinguishers, for instance.
If you are staying in a high-rise
building, do you know if it has been
designed, built and managed with
fire safety in mind?
In communal living especially,
what role does one play to keep fires
from happening? What can and
should you do to help yourself in
case of a blaze? Suffice to say, there
is no room for apathy, added Au.
Gamuda Land CEO Ngan Chee
Meng believes the tragic fire at
Grenfell Tower in London serves
as a grave reminder to all of us to
constantly be aware of the risks we
are exposed to, including in our
homes where we should all be able
to feel safe and at ease at any time.
The incident reminds us that it
is imperative for the community to
be vigilant and report any potential
fire hazard.
Au: Fire safety awareness goes
beyond the correct selection and
use of re extinguishers.
This symposium sets the stage
for open communication among
key parties, including residents,
to delve into areas that could be
strengthened to improve safety at
home as well as creating awareness
on the roles we all play in reducing
the risk of fire hazards within our
own development and community.
As the saying goes: Preven-
tion is always better than cure,
said Ngan.
One of the speakers at the up-
coming symposium, Lee from
Ngan: This symposium sets the
stage for open communication
among key parties.
Architect Centre, believes fire
safety awareness is low among
Malaysians.
We have seen many fires, elec-
trical accidents and fatalities in
Malaysia and other parts of the
world. Many people may know
how to put out a fire, but not many
know where the fire staircase of
their own condominium is [locat-
ed at]. So, the first and foremost fire prevention features are cru-
thing is to create awareness; next
is taking the correct proactive ac-
tion, said Lee.
built before the regulation have
yet to comply and the [fire servic-
es] department is ready to provide
guidance and assistance in upgrad-
ing fire safety standards for older
buildings. But most importantly,
the residents have to understand
the basic structure of the building
they are residing in, he added.
Henry Butchers Low concurred
with Hamdan that understanding
a buildings structure is crucial in
saving lives and property in a fire.
We have noticed that when
shopping for a property, people
are often concerned about the
condition of the house and how
many car park bays are allocat-
ed, but what is the fire prevention
feature? Have you ever considered
that your expensive property may
disappear into thin air if you do not
have fire prevention equipment?
Low warned.
In his talk, Low will highlight
the importance of fire prevention
features, such as fire staircases
and firefighting water pumps in
a property.
More than half of the new resi-
dential projects in the city are high-
rise, so fire staircases and other
highlighting the practices, behav-
cial when fire breaks out. However,
sadly, most people ignore the fact,
he shared.
SUPPORTED BY
Meanwhile, Lee Siong Archi-
tects Chong will be speaking on
the topic So, your home was built
with fire safety in mind?
Some people dont even know
whether the building is up to
standard or not. This is very im-
portant, especially if you are going
to stay there. Imagine if you acci-
dentally removed some important
structure or misused something.
Bad things may not happen im-
mediately but it is a time bomb,
said Chong.
Last but not least, Energy Com-
missions Faidarina will be sharing
about guidelines and offer tips on
how to safeguard your home against
electrical incidents.
I think this symposium is a good
opportunity to stress the impor-
tance of responsible behaviour to-
wards the use of electricity. I will be
iour and attitude that are required
for people to be energy-smart and
safe, said Faidarina.
F R I DAY S E PT E MB E R 29 , 2017 T HEED G E FINA NCIA L DA ILY
Consider new ways to sustain
the property market
BY SHAW N N G
PETALING JAYA: The Malaysian
property market has been rather
lacklustre in recent years. Some
say it is due to the cooling meas-
ures taken by the authorities as
well as an oversupply in certain
property sub-sectors.
What will it take to get us out
of the doldrums? We probably
need to start thinking out of the
box and adopt new approaches
to ensure market sustainability,
offered Asian Strategy & Leader-
ship Institute (ASLI) CEO Tan Sri
Datuk Michael Yeoh.
I think the main challenge for
the property sector today is the dif-
ficulty in obtaining end-financing,
which is impacting developers sales.
Hence, there is a need for new fi-
nancing mechanisms for home and
property financing that can make the
property market more sustainable,
Yeoh told EdgeProp.my.
He believes the market is still
buoyant although caution has to be
taken in certain sectors and areas,
such as the high-rise condominium
segment in Iskandar Malaysia and
some parts of the Klang Valley, as
well as the shopping mall and of-
fice segments.
More on where the property
market is heading will be discussed
by speakers at the 20th National
Housing & Property Summit 2017
organised by ASLI on Oct 5 and 6
at Sunway Resort Hotel & Spa in
Bandar Sunway. EdgeProp.my is the
official media partner for the event
themed The State of the Housing
& Property Industry Where do
we go from here?
PNB Development Sdn Bhd CEO
Mohd Salem Kailany said an im-
portant issue that the residential
property market is facing is the
issue of affordability.
Mohd Salem, who will be speak-
ing at the summit in a session enti-
tled Rethinking and Restrategising
the Housing & Property Sector:
The Way Forward, said he will be
talking about transit-oriented de-
velopments (TODs) and the use
of the industrialised building sys-
tem by developers towards more
affordable housing.
Providing affordable homes is
becoming a vital issue to meet the
rising demand for houses in line
with population growth, he said.
Yeoh: The main challenge is the
difculty in obtaining end-nancing.
He added that the property
market is expected to recover in
2018 and the TOD sector will see
tremendous progress as develop-
ers are placing more focus on this
segment.
This will negatively impact the
industry in suburban areas as con-
sumers would focus more on urban
areas, he opined. Hence, devel-
opers will have to come up with
innovative marketing strategies
and more collaboration with the
government and investors.
Meanwhile, Iskandar Regional
PICTURES BY SAM FONG | THE EDGE MALAYSIA
Mohd Salem: Providing affordable
homes is becoming a vital issue.
Development Authority vice-pres-
ident of planning and compliance
Sakurah Jamaluddin will be giving
a talk entitled Special Update on
the Iskandar Region Future Pros-
pects, Future Opportunities.
Sakurah noted that although
there may be an oversupply in Iskan-
dars high-end property segment,
which mainly comprises serviced
apartments while demand for high-
end landed residential property has
slowed down, the demand for hous-
ing in the Iskandar region is expect-
ed to be strong going forward.
EP 5
N EWS
Iskandar Malaysia will be at-
tracting a work population that will
comprise all levels of the workforce.
As such, more supply is required as
we go down the housing spectrum.
By 2025, it is estimated that Iskan-
dar Malaysia will have a popula-
tion of three million with 817,500
jobs created, hence an additional
500,000 units of housing will be
required, she said.
Among other industry players
who will be at the summit to offer
insights into the property market
and strategies to overcome the cur-
rent issues challenging the market
will be International Real Estate
Federation of Malaysia president
Tengku Datuk Abdul Aziz Teng-
ku Mahmud, the Real Estate and
Housing Developers Association
Malaysia president Datuk Seri FD
Iskandar Mohamed Mansor, Ma-
laysia Retail Chain Association
president Datuk Garry Chua, and
Selangor State Development Corp
CEO Norida Mohd Yusof.
Log on to www.EdgeProp.my
on Oct 5 and 6 for the latest
coverage of the summit.
EP 6 FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY FRI

COVER STORY

H
LOW YEN YEING | EdgeProp.my

ousing estates in Selangor

faced some price corrections two
last year, with transacted byp
prices of landed homes in Gro
as many as 30 housing areas aw
seeing more than 5% dip aw
y-o-y, according to data from the Nation- (M
al Property Information Centres (Napic)
Property Market Report 2016. Af
The five areas that recorded the steepest ma
decrease in the transacted prices of landed Alt
homes were SS 3 in Petaling Jaya (-10.7%), lish
Taman Bukit Teratai in Ampang (-9.5%), com
Section 22 in Petaling Jaya (-9.5%), Taman tat
Kajang Perdana in Kajang (-8.6%) and Sec- the
tion 20 in Petaling Jaya (-7.4%). ove
Interestingly, all these five areas are ma- ble
tured, self-contained housing estates with
easy accessibility and established amenities. hou
sig
A reection of the times Proximity to public transportation system could be one of the price SS 3 landed houses have experienced steep price correction old
Although the information collated by Napic growth catalysts for Section 20. last year. ficu
is based on the number of transacted prop- wit

PRICES FELL in
erties selected randomly from the total sales ho
available in a location within the review pe- cou
riod, consultants and real estate negotiators tow
view the results as a reflection of the overall hou
price corrections that the property market as

these ve Selangor
is experiencing.
Jordan Lee & Jaafar Sdn Bhd (JLJ) execu- rity
tive director Chin Shiow Wei says it basically old
mirrors the current weak property market

housing estates
sentiments. The trend is in line with the the
overall Malaysian property market perfor- ties
mance, which has shown a downward trend ove
in terms of volume and value of transactions com
since 2012, she tells EdgeProp.my. hig
Acrehill Properties real estate negotiator
Michelle Lee concurs that as the market Bh
BY TA N A I LEN G
continues softening and new launches get ser
more appealing with attractive marketing ho
packages, house owners in these areas are SOURCE: NAPIC AND *EdgeProp.my tra
getting more realistic and flexible on pricing.
SS 3, TAMAN BUKIT SEKSYEN 22, TAMAN SEKSYEN 20,
Despite this, Kim Realty Sdn Bhd CEO
PETALING JAYA TERATAI, PETALING JAYA KAJANG PETALING JAYA
Vincent Ng says this doesnt mean owners
AMPANG PERDANA,
are throwing prices to below market value. PROPERTY TYPE PROPERTY TYPE PROPERTY TYPE
K SELANGOR K KAJANG K
These are old and established housing KAKK AK:KAK K:KAK
estates. Some owners have likely either paid PROPERTY TYPE PROPERTY TYPE
off their housing loans or have only minimal K K
*ASKING PRICE K:KAK *ASKING PRICE K:KAK *ASKING PRICE
outstanding loans. Most of them are selling   
because they see cash-out opportunities
due to capital appreciation over the years, 2.38 MIL *ASKING PRICE

2.35 MIL *ASKING PRICE

850,000
he opines.
Beside this, Ng notes that as much as the 499,000 480,000
sellers would like to sell at higher prices, the
banks valuations of the properties may not 2.38 mil
correspond due to stricter lending rules. This 2.15 mil 500,000 3.01 mil
could have also capped the asking prices of 450,000 2.725 mil
the properties. 475,000
400,000
SS 3, Section 22 and Section 20
The largest price dip of 10.7% y-o-y was seen 950,000
880,000
in SS 3 where a 2-storey semidee was sold
at RM2.1 million last year compared with
RM2.38 million in 2015.
As of July this year, EdgeProp.my listings 2015 2016 2015 2016 2015 2016 2015 2016 2015 2016
Transaction Transaction Transaction Transaction Transaction
showed that the average asking price for price (RM) price (RM) price (RM) price (RM) price (RM)
a 2-storey semidee in this area is RM2.38
million. Y-o-y decrease (%) Y-o-y decrease (%) Y-o-y decrease (%) Y-o-y decrease (%) Y-o-y decrease (%)
SS 3, also known as Taman Universiti, is
a matured housing estate located opposite 10.7 9.5 9.5 8.6 7.4
Sungai Way Free Trade Zone, next to SS 5,
SS 6, SS 1 and SS 9.
About 2km away from SS 3 is Section 22,
which is located close to Taman Paramount, One of the transactions recorded in the ily access other major townships and areas Taman Bukit Teratais average landed res-
Section 51A, Sea Park, Kampung Tunku and Napic report showed that a 2-storey ter- in Petaling Jaya, such as Bandar Sunway, idential transaction price dipped 9.5% y-o-y
SS 9A. Section 22 has also seen a significant raced house in Taman Paramount was sold Bandar Utama and Mutiara Damansara, in 2016. One of the transactions showed that a
decrease of 9.5% y-o-y in 2016 for its 2-storey at RM880,000 in 2016. A similar transaction as well as places in Kuala Lumpur such as 2-storey terraced house was sold at RM450,000,
detached houses. in 2015 was recorded at RM950,000. Edge- Old Klang Road, Sri Petaling and Bangsar. from RM500,000 in 2015. Similar properties
A 2-storey detached house changed hands Prop.my listings show that a 2-storey ter- in Taman Bukit Teratai listed on EdgeProp.
at RM2.73 million in 2016 compared to a raced house in the area is currently asking Taman Bukit Teratai and Taman my are asking for an average of RM499,000.
similar property in this area that was sold for RM850,000. Kajang Perdana Meanwhile, Taman Kajang Perdana has
at RM3.01 million a year ago. Similar prop- All these three areas in Petaling Jaya are at Taman Bukit Teratai in Ampang and Taman seen its average landed home transacted
erties in Section 22 listed on EdgeProp.my least 30 years old, offering a wide range of res- Kajang Perdana in Kajang also saw signifi- prices decrease 8.6% y-o-y in 2016. A 2-storey
are asking for an average of RM2.35 million. idential choices from 1- and 2-storey terraced cant price drops last year. terraced house in this area was transacted
Section 20 or Taman Paramount, which houses, semidees and bungalows as well as Taman Bukit Teratai neighbours Taman at RM400,000, compared with RM475,000
is just a stones throw away from Section 22, newer high-rise residential developments. Bukit Permai, Taman Seraya, Taman Saga for a similar property in 2015.
is also among the top in the list with average With good connectivity to the Daman- and Taman Putera. It is about 2km away EdgeProp.my listings showed that the
transactions of terraced homes there record- sara-Puchong Expressway (LDP) and Federal from Hospital Ampang and 14km away from average asking price for a 2-storey terraced
ing a 7.4% y-o-y decrease in 2016. Highway, residents in these areas could eas- KL city centre. house in the same area is RM480,000.
 F R I DAY S E PT E MB E R 29 , 2017 T HEED G E FINA NCIA L DA I LY EP 7

COVER STORY
p.my

MOHD IZWAN MOHD NAZAM | THE EDGE MALAYSIA

Taman Kajang Perdana is divided into Desa, Cheras and Kuala Lumpurs Golden
two parts by the Pintasan Kajang-Semenyih Triangle areas.
bypass road. Located next to Taman TTDI This is an old housing estate of over 20
Grove and Taman Villa Heights, it is 7km years. Many new buyers are buying for the
away from Kajang town centre and 13km location. The condition of the house is usu-
away from the University of Nottingham ally not a concern as many buyers rebuild
(Malaysia campus). the entire house into a new one, he explains.
Despite last years price drop, over the
Affordability and safety the years, Taman Bukit Teratai owners have seen
main concerns house prices increase significantly. For in-
Although these five areas are well-estab- stance, a low-cost 2-storey terraced house
lished housing estates and located close to sold 16 years ago at RM88,000 has seen trans-
commercial centres and amenities, real es- action price surge to RM450,000 this year.
tate negotiators note that housing prices in
these areas have appreciated considerably Ng: Bank valuations Lee: With the right pricing, Wong: Location and Still worth the buy?
over the years and have become unafforda- will have an impact on these mature areas will accessibility are still the Acrehills Lee says with the right pricing that
ble to the majority of homebuyers. transaction prices of the remain in demand. biggest advantages. meets buyers expectation and affordabili-
Lee from Acrehill notes that as more new properties. ty, these matured areas will still remain in
housing launches come up with modern de- demand.
signs and in new well-planned townships, most buyers buying for own-stay rather than Similarly, for places like Taman Bukit Ng from Kim Realty says these matured
old houses in matured areas will find it dif- for investment. Teratai and Taman Kajang Perdana, con- neighbourhoods are conveniently located
ficult to attract new owners. For instance, Potential homebuyers in Section 20 and sultants and real estate negotiators still see with existing amenities nearby and there are
with a price of over RM1 million for an old Section 22 are often deterred from signing opportunities in these areas. still a lot of interest in such areas instead of
house that needs to be refurbished, one on the dotted line by the condition of the For the Kajang area, GS Realty Sdn Bhd new township developments that have just
could get a spacious new house in a new aged houses and the refurbishment cost senior negotiator Aaron Wong says housing begun to thrive.
township with a lot of offerings like club- that they have to put in, she says. and commercial development has expand- Any or all of these areas are worth buying
house facilities and nice landscaping as well ed from the crowded Kajang town to other as landed properties are getting fewer due to
as security features. Location still sells places such as Taman Kajang Perdana and scarcity of land. In terms of redevelopment,
Besides this, the lack of safety and secu- Considering their age and lack of features TTDI Grove. the possibility is minimal as the returns
rity is another challenge for owners in these seen in new houses, it would be challenging Taman Kajang Perdana is over 10 years might not be encouraging for developers
older areas to attract homebuyers. for these older housing estates to continue old. It is a good place for owner occupiers to pursue due to escalating land prices in
Older housing estates undeniably have their price growth momentum that they because of its good accessibility using the these areas, he concludes.
the best locations, accessibility and ameni- had experienced in the past. Nevertheless, main road Pintasan Kajang-Semenyih Chin from JLJ sees other catalysts that
ties, but as people become more concerned property consultants still hold a positive bypass road, he notes. could support the price growths in these
over safety issues, a gated-and-guarded view of these areas due to land scarcity and However, the non-gated-and-guard- areas.
community will be more appealing to them, their excellent locations. ed community and the lack of amenities She notes that the improved public trans-
highlights Lee. JLJs Chin notes the older areas in Petal- might be its biggest drawbacks for invest- portation system such as the mass rapid
Hartamas Real Estate (Malaysia) Sdn ing Jaya are still sought after by homebuyers. ment seekers. transit and light rail transit lines, enhance-
Bhd real estate negotiator Esther Ng ob- Despite the recent price corrections, they As for Taman Bukit Teratai, Wong opines ment in living environment and availability
serves that although there is still interest in remain attractive in terms of location and that there is always demand for property of existing amenities such as shopping malls,
houses in SS 3, Section 22 and Section 20, connectivity as well as proximity to major in this area due to its location as residents schools and hospitals are still the funda-
p.my transactions have significantly slowed with business hubs in the Klang Valley. could easily access Dato Keramat, Taman mentals that most property buyers seek.

es-
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EP 8 FR I DAY SEP TEM B ER 29, 2 0 17 TH EEDGE F I N AN C I AL DAI LY
FUTURE
& BEYOND
Integrating sustainability
into business
B Y TA N A I LE NG
M
any compa-
nies today cite
sustainability
as one of their
business goals
some take it
even further and make sustaina-
bility their business.
Needless to say, integrating sus-
tainability in a business takes ho-
listic planning in all aspects of the
business from beginning to end
from site selection, material se-
lection and design of the product
to end-user delivery.
One company that has taken
this approach to sustainability is
Swedish home furnishing retailer
IKEA as seen in the evergreen de-
sign of its products and the way it
attracts customers to continuously
revisit its stores.
The existing two stores in the
Klang Valley IKEA Damansara
and IKEA Cheras have attracted
close to 10 million visitors in 2016.
Online, there are over one million
Facebook fans following IKEAs
movements and new promotions
in the country. Its third and fourth
stores in the country are slated to
open at the end of this year in Johor
and early 2019 in Penang.
At the Future Forward Forum
2017 on Sept 7, IKEA Southeast
Asia (Singapore) head of sustain-
ability Dr Lee Hui Mien said the
IKEA brands popularity is mainly
driven by just one basic principle
PUSHING BOUNDARIES IN FUTURE LIVING
to create a better everyday life
for the people.
It all begins on the drawing
board where we take a democratic
approach in our product design,
Lee told the audience during her
talk entitled The IKEA way of in-
tegrating sustainability in everyday
business at the forum organised
by Rehda Youth, the Youth divi-
sion of the Real Estate and Housing
Developers Association Malaysia,
in partnership with Nippon Paint
Malaysia. EdgeProp.my was the
official media partner.
This means that every product
has to fulfil the companys five cri-
teria including form (beautifully
designed with Scandinavian feel),
function (convenient and inspi-
rational), quality (long-lasting for
at least 20 years), sustainability
(resource-efficient and environ-
mentally friendly) and low price
(cost-consciousness).
We want to create well-de-
signed, long-lasting products that
are affordable to most people. In
terms of shopping experience, we
aim to create a healthy environment
that could give consumers a very
different customer experience,
she noted.
The same concept also applies
to its store management and con-
struction of new stores where 12
principles are followed. These
principles include site selection,
use of renewable energy, strong
commercial offer, lowest carbon
emission, good neighbour, zero
12 sustainability principles
Lee: Create
a better
everyday
life for the
people is
the main
principle
that led to
the success
of IKEA
waste, change agent, sustainable
building material and sustainable
operations.
All the principles are interre-
lated and complement each oth-
er towards achieving the goal of
business popularity as well as
being sustainable and environ-
ment-friendly. For instance, in
site selection, the company will
focus on locations that could of-
fer renewable energy and ample
human resource. It should also
be a place that enables customers
to travel to the store at the lowest
LOW YEN YEING | EdgeProp.my
YOUTH
investments to maximise their
long-term potential in cost and
sustainability.
The company also aspires to be
a good neighbour in the local com-
munity that it operates, by offering
convenience and a wide range of
functional products to households
carbon emission, with proximity and making the store itself a meet-
to existing or future public trans- ing place for everyone.
portation system.
In the construction process, sus- Creating a positive
tainable building materials are used impact on society
while emphasis is given to the min- While IKEAs model may not suit
imal use of energy and water. For other companies, its three arching
instance, the company has set a principles could serve as a guide:
target that its buildings strive to protecting the environment, pro-
achieve the LEED platinum and a moting a better society and mak-
minimum LEED gold or the local ing better business.
equivalent green-building certifi- IKEA as a brand stands for
cation standard. a lot of things; it is a strong and
IKEA also adopts life-cycle powerful brand that is easily re-
costing for all its new project latable to the things that help
improve peoples lives, Lee told
EdgeProp.my.
Having been with IKEA Singa-
pore for over five years, Lee is hap-
py to see the company forming a
positive impact on society with its
unique philosophy.
However, she admitted that the
company faces different challeng-
es in realising its sustainability
goal in different countries. For in-
stance, in Malaysia, the challenges
include the lack of infrastructure
in waste management and renew-
able energy.
Turning waste into energy is
not common in Malaysia. We are
looking at introducing innovative
projects or ideas and work closely
with the Swedish embassy to look
at how we can be a pioneer in this
area, she offered.
The upcoming IKEA Tebrau
in Johor Bahru is slated to start
operation by year end while IKEA
Batu Kawan in Penang will open
in 1Q19.
By and large, IKEA is a popu-
lar brand in Malaysia. Johor Bahru
residents know about this brand
through IKEA Singapore while the
northern region shoppers know
about IKEA through existing stores
in the Klang Valley. Both southern
and northern region shoppers are
enthusiastic about IKEAs arrival,
SOURCE: IKEA
remarked Lee.
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