FBM KLCI 1860.98 11.27 KLCI FUTURES 1859.50 7.00 STI 3466.38 16.42 RM/USD 3.8670 CPO RM2433.

RM/USD 3.8670 CPO RM2433.00 31.00 OIL US$70.18 1.53 GOLD US$1338.40 1.30
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50

WEDNESDAY APRIL 11, 2018 ISSUE 2629/2018

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS
Malaysia Airlines says MoU
with Boeing remains in place
8 HOME BUSINESS

2 AFP

Ex-investment

MIDWEEK
banker jailed for
six months,
fined RM1m for

VOTING
insider trading
S YOU
KE
ORD
5 HOME BUSINESS
MISTA
TSR Capital to
’T AFF E!
pay RM58.94m for
C A N O MA
Polling set for Wednesday, May 9, with nominations K
Kwasa Land project
on April 28. Chester Tay has the story on Page 4. T ARP
– 1PM
S H al
6 HOME BUSINESS
a t ) 9AM K L Sentr
(S u r ,
Domestic air travel a y 2018 uala Lump
12 M Hilton K ED B
Y
less promising ORT
SUP
P

during this election

RS
NSO
period — MAHB PPO
RT ING
SPO
SU

7 HOME BUSINESS

Interest in small PA R T
NER
S

caps to return post

GE14 — RHB IB ED B
Y
ENT
PRES
23 L I VE I T !

Porsche’s 911 GT3

will attract all the
attention you can
handle

Wall Street opens higher as Xi soothes

trade war fears PA G E 2
 FBM KLCI 1860.98 11.27 KLCI FUTURES 1859.50 7.00 STI 3466.38 16.42 RM/USD 3.8670 CPO RM2433.00 31.00 OIL US$70.18 1.53 GOLD US$1338.40 1.30
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50

WEDNESDAY APRIL 11, 2018 ISSUE 2629/2018

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS
Malaysia Airlines says MoU
with Boeing remains in place
8 HOME BUSINESS

2 AFP

Ex-investment

MIDWEEK
banker jailed for
six months,
fined RM1m for

VOTING
insider trading
5 HOME BUSINESS

TSR Capital to
pay RM58.94m for Polling set for Wednesday, May 9, with nominations
Kwasa Land project
on April 28. Chester Tay has the story on Page 4.
6 HOME BUSINESS

Domestic air travel

less promising
during this election
period — MAHB
7 HOME BUSINESS

Interest in small
caps to return post
GE14 — RHB IB
23 L I VE I T !

Porsche’s 911 GT3

will attract all the
attention you can
handle

Wall Street opens higher as Xi soothes

trade war fears PA G E 2
2 WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
ON EDGE T V
www.theedgemarkets.com
The Edge Communications Sdn Bhd
(266980-X)
Level 3, Menara KLK, No 1 Jalan PJU 7/6,
Mutiara Damansara, 47810 Petaling Jaya,
Selangor, Malaysia
Publisher and Group CEO Ho Kay Tat
EDITORIAL
For News Tips/Press Releases
Tel: 03-7721 8219 Fax: 03-7721 8038
Email: eeditor@bizedge.com
Editor-in-Chief Azam Aris
Executive Editors Ooi Inn Leong,
Kathy Fong, Jenny Ng, Diana Khoo
Senior Editors Cindy Yeap,
Jose Barrock, Kang Siew Li
Associate Editors R B Bhattacharjee,
Vasantha Ganesan
Assistant Editors Adeline Paul Raj,
Tan Choe Choe, Ben Shane Lim,
Khairie Hisyam Aliman,
Kanagaraju S Sithambaram
Chief Copy Editor Halim Yaacob
Senior Copy Editor Melanie Proctor
Copy Editor Tham Kid Cheng
Art Director Sharon Khoh
Chief Graphic Designer Cheryl Loh
Design Team Valerie Chin,
Mohd Yusry, Aaron Boudville,
Aminullah Abdul Karim,
Noorain Duasa, Tun Mohd Zafian
Mohd Za’abah
EDITORIAL ADMINISTRATION
Manager Katherine Tan
Senior Coordinator Maryani Hassan
CORPORATE
Chief Operating Officer
Lim Shiew Yuin
ADVERTISING & MARKETING
To advertise contact
GL: (03) 7721 8000
Fax: (03) 7721 8288
Chief Commercial Officer
Sharon Teh (012) 313 9056
General Manager
Kingston Low (012) 278 5540
Senior Sales Managers
Fong Lai Kuan (012) 386 2831
Gregory Thu (012) 376 0614
Creative Marketing
Chris Wong (016) 687 6577
Head of Marketing Support & Ad Traffic
Lorraine Chan (03) 7721 8001
Email: advertising@bizedge.com
OPERATIONS
To order copy
Tel: 03-7721 8034 / 8033
Fax: 03-7721 8282
Email: hotline@bizedge.com
EdgeProp.my
Managing Director/Editor-in-Chief
Au Foong Yee
Editor Lam Jian Wyn
Contributing Editor Sharon Kam
Assistant Editor James Chong
MARKETING & ADVERTISING
Associate Account Director,
Advertising & Marketing
Heidee Ahmad (019) 388 1880
BUSINESS DEVELOPMENT
Senior Manager Elizabeth Lay
Wall Street opens higher
Xi soothes trade war fears; all 30 Dow components positive
BY SW ETA SINGH
NEW YORK: Wall Street opened
higher yesterday after Chinese Pres-
ident Xi Jinping promised to cut
import tariffs, soothing investors’
concerns about rising US-China
trade tensions.
Ten of the 11 major S&P sectors
were higher, with technology and
energy stocks leading the gainers.
The three major US indices were up
more than 1% with all 30 Dow com-
ponents in the positive territory.
In his first public comments
since the trade dispute with US
President Donald Trump’s ad-
ministration started, Xi vowed to
Xi throws the trade ball back
into Trump’s court
BY CHRISTOP HER BE DDO R
HONG KONG: China’s President
Xi Jinping is throwing the trade
ball back into US President Donald
Trump’s court. Xi yesterday pledged
yet more market opening.
He rehashed many old promises
but dangled a few substantive ones
on autos and other areas, and sug-
gested they could happen quickly.
The still-vague opening offer is
unlikely to appease US hardliners,
or even moderates in the US busi-
ness community. However, they do
create space for Trump to justify
continued negotiations.
Xi’s most substantive pledges are
aimed squarely at the auto sector, a
key US constituency. The People’s
Republic will raise foreign owner-
ship limits in the industry “as soon
as possible”, Xi said, and cut duties
on imported vehicles.
More vaguely, he pledged fur-
ther protections of foreign intel-
lectual property and said China
would expand imports.
The speech lent little support to
those arguing Xi is becoming a true
leader on free trade. It also risks en-
gendering more “promise fatigue”.
Ex-banker jailed six months, fined RM1m for insider trading
BY NEILY SYAF IQAH E U S O FF
KUALA LUMPUR: Former invest-
ment banker Goh Keng Huat was
yesterday sentenced to six months
in jail and fined RM1 million for in-
sider trading involving Road Build-
er Holdings Bhd (RBH) shares.
The inside information related
to the proposed takeover of RBH by
IJM Corp Bhd at a total indicative
price of RM1.56 billion, announced
to Bursa Malaysia in October 2006,
the Securities Commission Malay-
sia (SC) said in a statement.
Goh was at that time the head
open the country’s economy and
said China would raise the foreign
ownership limit in automobile,
shipbuilding and aircraft sectors
“as soon as possible”.
His comments buoyed global
markets, under pressure as China
and the US threatened each other
with billions in tariffs and inves-
tors feared protectionist meas-
ures would hit global economic
growth.
Energy stocks gained as oil broke
above US$70 (RM271) a barrel on
easing trade war fears between the
world’s two largest economies.
“The expectation was this could
have gone one of two ways: he (Xi)
Xi’s most substantive pledges are aimed
squarely at the auto sector, a key US
constituency. Photo by Reuters
For example, Xi suggested China
would shorten the so-called “nega-
tive list” of sectors off-limits to for-
eign investments, an often-repeat-
ed commitment that has become
a symbol of Chinese legerdemain
within the foreign business com-
munity.
Xi also mentioned exploring
“free trade ports”, suggesting reg-
ulators will keep trying to buy off
of equity markets of Aseambank-
ers Malaysia Bhd (now known as
Maybank Investment Bank Bhd).
Aseambankers was one of the
joint advisers of the takeover offer
and Goh was in possession of the
inside information as he was at the
material time actively working on
the corporate exercise, said the SC.
Goh, 48, pleaded guilty to one
charge of insider trading at the Ses-
sions Court yesterday. He admitted
to acquiring 100,000 units of RBH
shares while in possession of inside
information on Sept 4, 2006.
Currently residing in Australia,
For breaking news updates go to
www.theedgemarkets.com
could have been aggressive about
US tariffs or been conciliatory and
it feels like he’s more conciliato-
ry,” Wunderlich Securities chief
market strategist Art Hogan said
in New York.
Shares in major US automak-
ers such as General Motors, Ford,
Fiat Chrysler and Tesla were up
between 2% and 3% following Xi’s
comments.
At 9.54am ET, the Dow Jones
industrial average was up 317.16
points, or 1.32%, at 24,296.26. The
S&P 500 was up 28.34 points, or
1.08%, at 2,641.5 and the Nasdaq
Composite was up 70.79 points, or
1.02%, at 7,021.14. — Reuters
critics with insubstantial reform
petri dishes.
There was no mention of ad-
dressing the industrial policies
that aim to substitute foreign im-
ports with local brands or curbing
broader state intervention in the
economy.
Hawks such as US Trade Rep-
resentative Robert Lighthizer will
likely see the package as a risible
low-ball offer.
Even so, the speech dangles a
carrot as an alternative to Beijing’s
retaliatory stick, and provides a real
opportunity for Trump to delay, at
least, embarking on a tariff battle
that even his own business lobby
doesn’t want to fight. Financial
markets rallied after the speech.
Taking Xi’s conciliatory gesture
for what it is — a low baseline for
more negotiations — would allow
Trump to claim a victory on Chi-
nese auto tariffs while continuing
to haggle for better concessions and
clear implementation deadlines.
The administration would be
right to be sceptical of promised
Chinese reforms coming “soon”.
However, as an opening move, it’s
worth entertaining. — Reuters
Goh pleaded guilty following a plea
bargain application. The court also
took into consideration nine other
similar charges against Goh for his
purchase of 751,600 RBH shares
between Sept 5 and Oct 16, 2006.
On Oct 10, 2017, the SC charged
Goh with 10 counts of insider trad-
ing and his wife, Wee Siew Ling,
with 10 counts of abetting Goh
in the commission of the offenc-
es by allowing him to acquire the
RBH shares through her trading
accounts. Following the guilty plea
by Goh, the charges against Wee
were withdrawn by the SC.
IN BRIEF
Fajarbaru buys stake
to embark on third
Australian project
KUALA LUMPUR: Fajarbaru
Builder Group Bhd has, via its
unit, bought 98 shares or a 49%
stake in Australian firm Beulah
Northcote Land Pty Ltd (BNL),
for A$98 (RM290.84), paving
the way for the group to embark
on its third property project in
Australia. Following the stake
buy, Fajarbaru will inject an-
other A$2.99 million into BNL,
to acquire 2.99 million new BNL
shares to keep its stake at 49%
as BNL raises its issued share
capital to A$6.1 million. BNL,
a wholly-owned unit of Beulah
Land Holdings Pty Ltd, holds
the development rights to two
freehold plots measuring a total
of 5,018 sq m in Northcote, Mel-
bourne, Australia. “The develop-
ment consists of at least 15 resi-
dential two-storey townhouses
along Merri Creek in Northcote,”
said Fajarbaru in a Bursa Malay-
sia filing. Fajarbaru will finance
the capital injection via internal
funds. The acquisition is expect-
ed to be completed by April 16,
2018. — By Neily Syafiqah Eusoff
Prestariang fulfils condi-
tions precedent for SKIN
KUALA LUMPUR: Prestariang
Bhd yesterday said it had fulfilled
all the conditions precedent of a
concession agreement entered
into with the Government of
Malaysia to implement the im-
migration department’s Sistem
Kawalan Imigresen Nasional
(SKIN) or National Immigration
Control System. The concession
agreement (CA) was signed on
July 18 last year between Prestar-
iang SKIN Sdn Bhd (PSKIN) — a
wholly-owned unit of Prestar-
iang’s 70%-owned subsidiary,
Prestariang Services Sdn Bhd
— and the home affairs minis-
try. The concession agreement
was conditional upon PSKIN
obtaining written notice from
the government confirming it
has fulfilled the conditions prec-
edent in the agreement within
six months before the date of
execution. With the conditions
precedent fulfilled, Prestariang
said April 11 is now the effective
date of the CA. — By Syahirah
Syed Jaafar
Johor’s Sultan Ibrahim
ups Berjaya Assets stake
KUALA LUMPUR: The Sultan
of Johor Sultan Ibrahim Sultan
Iskandar has raised his stake in
Berjaya Assets Bhd (BAssets) to
11.14%, comprising 285 million
shares, after he bought 2.5 mil-
lion shares on the open market
recently. In a filing with Bursa
Malaysia on Monday, BAssets
said Sultan Ibrahim acquired
900,000 shares on March 30,
2018. In April, he acquired two
million and 1.6 million shares
on April 4 and April 5 respec-
tively. According to BAssets’
website, the developer of the
Berjaya Times Square here also
owns Natural Avenue Sdn Bhd,
a number forecast operator in
Sarawak. In Johor Baru, BAssets
owns the Berjaya Waterfront
Hotel and Ferry Terminal.
4 HOME BUSINESS
Midweek voting
Polling set for Wednesday, May 9, with nominations on April 28
BY C H E STER TAY
PUTRAJAYA: The nation goes to
the polls on May 9 — which falls
on a Wednesday — with nomi-
nations taking place on Saturday,
April 28, giving a minimum cam-
paign period of 11 days.
The Election Commission’s
(EC) decision to hold the 14th
general election (GE14) on a
working day, coupled with a
shorter campaign period com-
pared with the previous polls,
may affect voter turnout, say an-
alysts.
“I am disappointed with the
short campaign period of 11 days.
For GE13, it was 15 days and poll-
ing day fell during a weekend.
This time around, the polling day
falls on a weekday,” said former
Bersih 2.0 chairman Maria Chin
Abdullah .
She said voters who have to
return to their hometowns to
vote will be affected, especial-
ly those returning to Sabah or
Sarawak from the peninsula and
vice versa. “Furthermore, party
polling and counting agents, and
volunteer observers will have to
find time off work to contribute
to clean and fair elections,” she
said in a statement.
EC chairman Tan Sri Mohd
Hashim Abdullah, who an-
nounced the polling date at a
press conference, declined to
respond when reporters asked
why a weekday was picked for
polling and whether it would af-
fect voter turnout.
This will be the fifth gener-
al election held on a weekday
since independence. The last
non-weekend election was
GE10, when polling took
Mohd Hashim declined to
respond when reporters asked
why a weekday was picked for
polling and whether it
would affect voter
turnout. Photo by
Suhaimi Yusuf
Malaysia Airlines, AirAsia waive flight change fee for GE14
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Malaysia Airlines
Bhd (MAB) and AirAsia Bhd an-
nounced yesterday they are waiving
the flight change or flight rebook-
ing fee for Malaysians with existing
bookings who wish to travel to vote
in the upcoming 14th general elec-
tion (GE14) that is scheduled to be
held on May 9.
In a statement, Malaysia Airlines
said the same is being offered by
its sister airlines, Firefly and MAS-
wings. “This is to allow Malaysians
place on Monday, Nov 29, 1999.
(see chart)
Two EC officials, who declined
to be named, told The Edge Finan-
cial Daily that it is up to the gov-
ernment whether or not to declare
a public holiday on May 9.
Bersih said the federal govern-
ment should announce polling
day as a public holiday, with the
state governments declaring public
holidays on the day before or after
polling day.
Education Minister Datuk Seri
Mahdzir Khalid, meanwhile, said
schools nationwide will be closed
on May 9 to facilitate the polls. He
said this will be a special occasion
holiday.
A total of 6,941 schools would be
used as polling centres on that day.
Political analyst Wong Chin Huat
commented that the decision to
hold the polls on a workday indi-
cated that the Barisan Nasional
government is worried about a
possible “Malay Tsunami”. “By de-
liberately choosing a weekday for
polling, after deregistering Bersatu
(Parti Pribumi Bersatu Malaysia),
it confirms that (Prime Minister)
Datuk Seri Najib Razak strongly
believes in a Malay Tsunami, which
would be a Malaysian Tsunami if
the non-Malay turnout stays high,”
he said.
Mohd Hashim said the EC has
appointed 222 election managers
for GE14, and set up 445 election
campaign enforcement teams to
monitor all campaign activities.
He said the 2017 fourth quarter
electoral roll will be used for the
election, and it consists of 14.94
million registered voters.
They include 14.64
million normal vot-
ers, 300,255 early
voters and 3,653
absentee voters.
Mohd Hashim
said 259,391 elec-
tion officers have
to fulfil their responsibility as vot-
ers,” the group said.
The waiver is applicable for all
types of tickets with a travel date
that falls between May 8 and May
10, inbound or outbound.
“Only one change is permitted
and it must be done within 10 days
from today (yesterday). Passengers
are allowed to delay their travel
dates [for] up to two months from
the original date of travel. All fare
subclass and seasonality surcharges
apply as per purchased flight ticket
fare rules,” the airline added.
RUNUP TO
GE14
POLLING DAY:
May 9 (Wednesday)
NOMINATION DAY:
April 28 (Saturday)
CAMPAIGN PERIOD:
11 days
NUMBER OF VOTERS:
14.94 million
NUMBER OF
PARLIAMENTARY SEATS:
222
been appointed from the public,
while 8,989 premises will be used
as voting centres for 28,995 voting
channels.
The estimated budget for GE14
is RM500 million, he added.
The EC chairman said interna-
tional observers from 14 countries,
including teams from Asean, the
Commonwealth, Asia and Europe,
have been invited for GE14 .
The EC has also appointed 14
non-governmental organisations
and university representatives as
local observers.
Mohd Hashim also announced
that the official writ for the election
will be issued today, while voting
for advance and postal voters will
be held on May 5.
The last day to register as ad-
vance and postal voters is either
April 23 or April 28, depending on
the category of application.
“I would like to remind that the
closing date for category Form 1A
postal vote in the country will be
April 28, 2018, while the closing
date for category Form 1C appli-
cation will be April 23, 2018,” said
Mohd Hashim.
Malaysia Airlines said custom-
ers can make the booking changes
at respective airlines’ ticket offices
or by contacting the airlines’ call
centres.
Similarly, AirAsia allows its Ma-
laysian passengers to make one
date change for all bookings for
free to postpone their travel by up
to 30 days. Alternatively, they can
choose to retain the fare value in
their AirAsia BIG loyalty account for
future travels with the airline, to be
redeemed within 90 calendar days.
“This offer applies to Malaysian
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
Malaysian elections vs turnout rates
ELECTION
GE1
GE2
DAYS
Wednesday
Saturday
GE3 Saturday
GE4 Saturday-Saturday
GE5 Saturday-Saturday
GE6 Thursday-Monday
GE7 Saturday-Sunday
GE8 Saturday-Sunday
GE9 Monday-Tuesday
GE10 Monday
GE11 Sunday
GE12 Saturday
GE13 Sunday
Employers must give time off for
employees to vote
BY C H O N G J IN H UN
KUALA LUMPUR: With a week-
day fixed as polling day for the
14th general election, employers
will have to give their employees
time off to vote.
Section 25 of the Election Of-
fences Act 1954 requires employ-
ers to give employees a reasonable
amount of time away from work to
vote on polling day, without pay
deduction or penalty.
Subsection 25 (1) states that:
“Every employer shall, on poll-
ing day, allow to every elector in
his employ a reasonable period
for voting, and no employer shall
make any deduction from the pay
or other remuneration of any such
elector or impose upon or exact
from him any penalty by reason of
his absence during such period.”
Employers who violate the le-
gal provision could be fined or
jailed, as per subsection 25 (3)
which reads: “Any employer who,
directly or indirectly, refuses, or
by intimidation, undue influence,
or in any other manner, interfere
with the granting to any elector in
his employ, of a reasonable peri-
citizens only, and must be done
within 10 days from the announce-
ment of the polling day by the Elec-
tion Commission of Malaysia (EC),”
it added. The EC set the May 9 poll-
ing day yesterday, with nomination
day fixed for April 28.
Other airlines that have similarly
offered to waive the rebooking fees
are: Cathay Pacific and Malindo
Airways.
Separately, AXA Affin General
Insurance Bhd announced that its
Malaysian customers will be able to
change their travel date or cancel
TURNOUT
DATE
Aug 19, 1959
April 25, 1964
RATE (%)
73.3
78.9
May 10, 1969 73.6
Aug 24-Sept 14, 1974 75.1
July 8-22, 1978 75.3
April 22-26, 1982 75.4
Aug 2-3, 1986 74.4
Oct 20-21, 1990 72.3
April 24-25, 1995 68.3
Nov 29, 1999 69.3
March 21, 2004 73.9
March 8, 2008 76.0
May 5, 2013 84.8
od for voting, as in this section
provides, shall on summary con-
viction be liable to a fine of five
thousand ringgit or to impris-
onment for one year,”
The Election Commission
announced yesterday that
Wednesday, May 9 is the poll-
ing date, while the nomination
day is on Saturday, April 28.
Bersih 2.0 has called on
the federal government to an-
nounce polling day as a public
holiday and for state govern-
ments to declare public holi-
days on the day before or after
polling day.
“If this is not done, all em-
ployers should allow two days of
unrecorded leave for all voters,”
the electoral reform group said
in a statement.
The Edge Media Group has
announced that employees who
are registered voters will be giv-
en the day off on May 9. Staff
who are registered to vote out-
side Selangor and Kuala Lumpur
will be given an additional day
off on either May 8 or May 10
due to the travelling required to
their respective polling stations.
their travel insurance plan with a
full refund, in conjunction with the
upcoming GE14.
“Customers with travel book-
ings made with AXA Smart Trav-
eller and AXA Smart Traveller Easy
can choose to change their travel
date or cancel their travel [insur-
ance] plans with a full refund. This
applies to Malaysians where the
travel date falls on the May 9 poll-
ing day. Any cancellation requests
or changes to the travel plan must
be made before May 2, 2018,” it
said in a statement.
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
TSR pays RM58.9m for
Kwasa Land project
It is to build residential units, expected to be completed in 2024
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: TSR Capital
Bhd will pay Kwasa Land Sdn
Bhd, the master developer of the
Kwasa Damansara township in
Selangor, RM58.94 million for the
development rights and revenue
sharing in a proposed residential
development, Plot R3-3 at the
township.
The development, with a gross
development value of RM295 mil-
lion, will feature 260 residential
units including link, cluster, ex-
clusive and town villas as well
as condominiums. It is expected
to be completed within six years
in 2024.
In a filing with Bursa Malay-
sia yesterday, TSR said its whol-
ly-owned subsidiary TSR Devel-
opment Sdn Bhd had entered
into a development rights agree-
ment with Kwasa Development
(3) Sdn Bhd (KD3) to undertake
the development. KD3 is a whol-
ly-owned subsidiary of Kwasa
Land, which in turn is a whol-
ly-owned unit of the Employees
Provident Fund.
In consideration of the de-
velopment rights, TSR will pay
KD3 RM39.76 million and a sum
equivalent to 6.5% of the gross
sales value.
In a separate statement, Kwasa
Land managing director Datuk
Mohd Lotfy Mohd Noh said TSR
was selected from a total of 14
tier-three bumiputera developers
who had bid to undertake the de-
velopment of the plot following a
request for proposal outlined by a
stringent financial, non-financial
and technical evaluation process.
The 6.52-acre (2.64ha) Plot
R3-3 has a green connectivity to
one of the largest parks, measur-
ing 42 acres, in Kwasa Damansara,
encompassing a 13.6-acre lake.
When fully completed, the
Kwasa Damansara township is
projected to have a population of
about 250,000 residential house-
holds and commercial workforce.
TSR shares closed down 0.5
sen or 1.06% at 46.5 sen yester-
day, with a market capitalisation
of RM81.12 million.
HOME BUSINESS 5
Grand-Flo to go into
construction
BY NE I LY SYA F IQA H E US O F F
KUALA LUMPUR: Home-grown
tracking solutions provider Grand-
Flo Bhd is buying the remaining
49.99% stake in property devel-
opment firm Innoceria Sdn Bhd
(ISB) for RM21.9 million in cash,
from its executive director Chuah
Chew Hai, after which it will ven-
ture into construction.
Grand-Flo currently owns a
50% equity interest in ISB, which
was acquired in August 2014 for
RM15 million, marking the group’s
first foray into property develop-
ment, according to the group’s
Bursa Malaysia filing yesterday.
Since then, property devel-
opment has become the major
contributor to the group’s finan-
cial performance. In the financial
year ended Dec 31, 2017 (FY17),
Grand-Flo’s net profit was RM3.34
million, of which the property de-
velopment segment contributed
about RM2.77 million or 82.9%.
Grand-Flo inked a conditional
share sale agreement with Chuah
yesterday for the stake buy, which
it will finance using internal funds.
On completion of the buy, ISB will
become its wholly-owned sub-
sidiary.
Grand-Flo also said ISB is cur-
rently involved in a mixed devel-
opment — the Vortex Business
Park project in Penang, in which it
owns the development rights and
interests. The project is currently in
phase two of development. Phase
one was completed in July 2017,
and has a take-up rate of about
84%, it added.
Phase two entails developing
semi-detached shop-offices and
light industrial factories with an
estimated gross development
value of about RM88.17 million,
and a gross development profit
of RM13.67 million to be real-
ised over a development period
of 2½ years.
As for the diversification,
Grand-Flo said it will expand its
earnings base and complement
the group’s property development
business. Grand-Flo expects the
proposals to be completed by the
second half of this year.
6 HOME BUSINESS
Domestic air travel less
promising this election time
MAHB is expecting demand to pick up from April or at least by May
BY N E I LY SYA FI QA H EU SO FF
KUALA LUMPUR: The anticipat-
ed higher domestic air passenger
movement during this election
period has been less promising,
said Malaysia Airports Holdings
Bhd (MAHB).
Nevertheless, the airport oper-
ator is expecting the domestic air
passenger demand to pick up from
April or at least by May based on
high prevailing load factors and
airlines’ seat capacity filings for
the northern summer season.
In a statement yesterday, MAHB
said it sees some moderation in in-
ternational growth and a positive
turnaround in the domestic sector
for its Malaysian operations.
“Istanbul Sabiha Gokcen In-
ternational Airport’s (SGIA) per-
formance will likely maintain its
growth momentum for domestic
Vertice
unit bags
RM339.86m
SUKE job
BY SA M A N THA H O
KUALA LUMPUR: Vertice Bhd
has bagged a subcontract worth
RM339.86 million to construct and
complete the mainline and other
associated works of the Sungai
Besi-Ulu Kelang Elevated Express-
way (SUKE).
The group’s wholly-owned unit,
Vertice Construction Sdn Bhd, yes-
terday accepted the subcontract
offer from San Mutual Majujaya
Sdn Bhd (SMM), the subcontrac-
tor of the project, Vertice said in
a filing with the stock exchange.
“The subcontract is to construct
and complete the project accord-
ing to the bill of quantities, draw-
ings and specifications, as well as
any other related documents and
up to the reasonable satisfaction
of SMM,” Vertice said.
This marks the group’s largest
construction project to date, beat-
ing the RM218.48 million subcon-
tract job to upgrade the federal
road from Gambang, Pahang to
Segamat, Johor it secured on April
3, also via Vertice Construction.
The construction period for the
SUKE project is expected to last
19 months from the date of pos-
session of the site, which is April
16, 2018.
Vertice added that the subcon-
tract is expected to contribute pos-
itively towards the group’s earnings
and net tangible assets for the pe-
riod of the contract.
and international passenger traffic
in the immediate term,” it added.
The number of passengers pass-
ing through the 39 airports that
MAHB manages in the country
rose 4% to 8.6 million in March
2018 from 8.27 million a year ago.
The international passenger vol-
ume recorded an 11.8% year-on-
year (y-o-y) increase to 4.5 million
passengers in March 2018, while
the domestic traffic saw a decline
of 3.5% to 4.1 million passengers.
MAHB said overall aircraft
movement increased a marginal
0.8% y-o-y in March 2018. Inter-
national aircraft movement grew
9.6% y-o-y, while domestic move-
ment declined 4.4% y-o-y.
“Average load factor for total
traffic slipped 0.4 percentage point
to 76.9 in March 2018 over March
2017, caused by the reduction in
the domestic sector by 1.7 per-
EDITOR’S PICKS FROM
theedgemarkets.com
Former LFE Corp director jailed for three years for CBT
BY LIM JIA TENG
KUALA LUMPUR: A former exec-
utive director of LFE Corp Bhd,
Alan Rajendram Jeya Rajen-
dram, was yesterday convicted
and sentenced to three years’
imprisonment for committing
criminal breach of trust (CBT) in
respect of the company’s funds
amounting to RM18.99 million
11 years ago.
The charges for CBT were ear-
lier tried together with four other
charges under securities laws for
furnishing false information to
the stock exchange pertaining
to LFE’s operating expenses, the
Securities Commission Malaysia
said in a statement yesterday.
Sessions Court Judge Has-
bullah Adam sentenced Alan
Rajendram, 62, to three years’
imprisonment after he pleaded
guilty to two CBT charges yes-
terday, through a plea bargain
application under the provision
of Section 172C of the Criminal
Sabah says no to MMC Corp bid for 20% stake in Sabah Ports
BY SURIN MURUGIAH
KUALA LUMPUR: MMC Corp Bhd
said yesterday that the Sabah State
Economic Planning Unit (EPU) has
turned down its proposal to acquire
a 20% stake in Sabah Ports Sdn Bhd.
In a filing with Bursa Malaysia,
MMC Corp said the state EPU had
centage points,” it added.
Meanwhile, the Kuala Lumpur
International Airport (KLIA) in
Sepang handled 5.23 million pas-
sengers in March 2018, up 6.4%
from 4.92 million passengers re-
corded a year ago. Out of this, the
passenger traffic at KLIA Main Ter-
minal fell 1.2% y-o-y to 2.42 million
from 2.45 million, offset by klia2’s
continued double-digit growth
as the terminal saw a 14% y-o-y
increase in traffic to 2.82 million
in March 2018 from 2.47 million.
System-wide, including its
Istanbul operations in Turkey,
MAHB handled 6.5% more pas-
sengers to 11.33 million in March
2018 compared with 10.64 million
in March 2017.
SGIA’s passenger traffic grew
15.2% y-o-y in March 2018 to 2.73
million from 2.37 million.
In the first quarter of 2018
In pleading guilty, Alan
Rajendram admitted to
utilising the RM18.99
million of funds
belonging to LFE.
Procedure Code.
In June 2010, Alan Rajendram
was charged by the public pros-
ecutor with two counts of CBT
under Section 409 of the Penal
Code. In May 2012, Alan Rajen-
dram was acquitted of the CBT
charges at the end of the prose-
cution’s case. However, the Court
of Appeal overturned the acquit-
tal and ordered Alan Rajendram
to enter his defence in the Ses-
sions Court in November 2016.
Alan Rajendram decided to
plead guilty before the decision
was delivered, following a full trial
involving 35 witnesses from pros-
ecution and three for the defence.
confirmed the non-acceptance of
the proposal through MMC Port
Holdings Sdn Bhd. Sabah Ports is
a wholly-owned subsidiary of Suria
Capital Holdings Bhd.
The Edge Malaysia weekly re-
ported in August 2017 that MMC
Corp was in talks with Suria Capital
to acquire the stake in Sabah Ports.
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
(1Q18), MAHB said airports in
Malaysia registered a 3.6% growth
in passenger volume to 24.4 mil-
lion from the year-ago period. In-
ternational traffic increased 10.8%,
while domestic traffic declined
3.5%.
Aircraft movement grew 1.2%
y-o-y in 1Q18.
KLIA passenger movement grew
5.7% y-o-y to 15 million passengers
in 1Q18. Out of this, KLIA Main
Terminal passenger movement
declined 1.5%, offset by a 12.7%
increase in traffic at klia2 to 8.1
million passengers.
System-wide, including SGIA,
MAHB’s airports recorded a growth
of 6.9% y-o-y to 32.2 million pas-
sengers in 1Q18. Total passenger
traffic at SGIA rose 18.6% to 7.8
million passengers in 1Q18.
“Despite the overall credible
average load factor of 75.6 percent-
“In pleading guilty, Alan Ra-
jendram admitted to utilising
the RM18.99 million of funds
belonging to LFE which were
meant to be used for the working
capital of LFE’s wholly-owned
subsidiary, LFE International
Ltd. Instead, Alan Rajendram
used those funds to finance his
personal subscription of shares
in LFE and to repay his corpo-
rate debts.”
On March 23 this year, Alan
Rajendram was convicted and
sentenced by the Court of Ap-
peal to one year’s jail and a fine of
RM1.2 million for four charges of
making false disclosures to Bursa
Malaysia under Section 122B(b)
(bb) of the Securities Industry Act
1983 and Section 369(B)(b) of the
Capital Markets and Services Act
2007 respectively in the quarterly
financial statements of LFE for the
financial year ended Dec 31, 2007.
Alan Rajendram started serv-
ing his sentence for those offenc-
es in March this year.
Subsequently, MMC Corp clar-
ified that the discussion indeed
took place, but no decision had
been reached.
MMC Corp shares fell five sen
or 3.45% to close at RM1.40 after
6.43 million shares were traded
yesterday, with a market capital-
isation of RM4.26 billion.
age points for the domestic sector,
there was significant reduction in
the domestic aircraft movement
for Malaysia by some domestic
airlines,” said MAHB.
“AirAsia Bhd contributed a large
increase in seat capacity for the
domestic sector but it was less
than adequate to cover the reduc-
tions and cancellations by other
airlines,” it added.
The airport operator attributed
the decline in domestic passenger
movement to large cuts in frequen-
cies and the high traffic base in
March 2017 due to the Langkawi
International Maritime and Aer-
ospace Exhibition.
MAHB shares closed four sen
or 0.45% higher at RM9 yesterday,
with a market capitalisation of
RM14.93 billion. Over the past 12
months, the counter has gained
25.67%.
Versatile Creative
scraps plans for
RM110m GDV
project in Johor
KUALA LUMPUR: Versatile Cre-
ative Bhd has scrapped plans to
develop medium-cost apart-
ments in Johor Baru, estimated
to have a gross development
value (GDV) of RM110 million.
On Jan 10 last year, Versa-
tile’s wholly-owned subsidi-
ary Versatile Smart Properties
Sdn Bhd (VSPSB) entered into
a memorandum of understand-
ing (MoU) with Double Action
Ventures Sdn Bhd (DAVSB) to
jointly explore feasibilities of
developing the apartments on
a piece of land measuring 3.18
acres (1.29ha) prior to enter-
ing into a definitive agreement.
In a filing with Bursa Ma-
laysia yesterday, Versatile said
there is no material develop-
ment on the status of the MoU
since its signing.
“The reply from DAVSB per-
taining to our request on the
proposed repayment of land
conversion cost is still pend-
ing, and VSPSB has decided
not to pursue the MoU further,”
it added.
Versatile noted that there
is no financial impact on the
group.
Versatile shares closed down
0.5 sen or 0.96% at 51.5 sen yes-
terday, bringing it a market cap-
italisation of RM60.43 million.
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
Interest in small caps
to return post GE14
The sector has been ‘unfairly sold down’ over months — RHB IB
BY S A M A N TH A H O
KUALA LUMPUR: RHB Invest-
ment Bank Bhd (RHB IB) expects
to see interest in small-capitalisa-
tion (small-cap) stocks return after
the 14th general election (GE14) on
May 9, especially as the sector has
been “unfairly sold down” over the
past couple of months.
“We expect to see a rotation of
investor interest back in the small-
cap stocks that have significantly
underperformed in the last cou-
ple of months, maybe attributed
to election-related concerns,” said
Alexander Chia, RHB IB’s director
and head of research.
On top of that, sectors with a
domestic focus that are unlikely
to be affected by the ongoing trade
hostilities between the US and Chi-
na are also expected to see positive
interest, he said.
These include stocks in the
banking and construction sec-
Malaysia’s end-March palm stocks hit five-month low — MPOB
BY E M I LY C HOW
KUALA LUMPUR: Malaysia’s palm
oil stockpiles fell to their lowest in
five months at end-March, posting
a third consecutive month of losses,
as a surge in exports and domestic
consumption likely outweighed pro-
duction, according to official data
released yesterday.
Inventories in the world’s sec-
ond-largest palm oil producer fell 6.2%
to 2.32 million tonnes, according to the
Malaysian Palm Oil Board (MPOB).
The decline in stockpiles could
support benchmark palm oil prices,
which hit a five-week high last week
before erasing their gains to end lower.
Palm was dow n 0.3% at
RM2,456 a tonne at the midday
break yesterday.
MyCC to continue monitoring Grab post-merger
BY E M I R Z A I NU L
KUALA LUMPUR: The Malaysia
Competition Commission (MyCC)
has reiterated its commitment to
continue monitoring developments
in the local ride-hailing market after
Grab took over rival Uber’s opera-
tions in Southeast Asia on April 8.
A member of the commission,
Prof Dr Saadiah Mohamad, clari-
fied that technically, mergers and
acquisitions do not fall under the
jurisdiction of MyCC but the com-
mission will closely oversee the be-
haviour of the ride-hailing service
provider subsequent to the merger
tors, which are likely to be driven
by domestic economic growth, for
which the investment bank has a
“very bullish” view, said Robert
Huray, the chief executive officer
of RHB IB.
“It’s quite clear that there is a lot
of pent-up demand from an inves-
tor perspective, and therefore also
from a supply perspective, in terms
of initial public offerings coming to
the market,” Huray told reporters
yesterday.
He views the second half of the
year to be “promising in terms of
primary fundraising”.
Chia pointed out that both in-
vestors and businesses have been
cautious with their chequebooks
ahead of GE14, holding back on
perceived risks surrounding big de-
cisions “until there is better clarity
on the outlook”.
“Once we get this election over-
hang out of the way, we expect in-
vestors to take a more risk-on ap-
Traders and analysts attributed
the decline in palm stockpiles to an
increase in demand ahead of Rama-
dan, and as buyers took advantage of
a three-month crude palm oil export
tax exemption, which was initially
supposed to end in early April.
Malaysia, however, announced a
month-long extension of the export
tax exemption last Friday, seen by
traders as a move to shore up support
from palm oil smallholders in the
lead-up to the 14th general election.
March shipments surged 19.2%
to 1.57 million tonnes, the strongest
monthly gain and highest export
level since August 2016.
“The strong surge in exports to
India and Pakistan is on pre-stock-
ing activities ahead of Ramadan.
This could continue in April,” said
as it is of public interest.
“We take note of this because we
know there is a lot of public interest
in this and as a regulator looking
into competition, we have started
our engagement with Grab. We have
had discussions with them,” she told
a press conference here yesterday.
“Monopoly in itself is not illegal.
But the abuse of a dominant position
is an infringement according to the
law. So even though we don’t look at
the process of the merger itself, we
will monitor the pricing and any oth-
er anti-competitive behaviour [after
the merger],” she added.
Saadiah said MyCC will look at the
proach to the market,” he said.
Meanwhile, the US-China trade
war, which has rocked investor
sentiment and equity markets
globally, is “not the worst-case
scenario”.
Although a trade war benefits
no one, the resulting stock mar-
ket volatility gives rise to trading
opportunities, Chia said.
“If the market is flat all the way,
how does one make money? We
need liquidity to bring investors
back [to the market],” he added.
Eddy Tan, the head of RHB IB’s
group retail equities and futures,
said despite volatility in the first
few months, the group has seen
retail participation increasing to
25% in January and hovering be-
tween 20% and 22% in the last
two months.
This was an improvement from
the average 15% to 18% seen in
2016, Huray noted.
RHB IB saw its retail participa-
Breakdown of Malaysian Palm Oil Board figures and Reuters
estimates for March
MARCH 2018 MARCH 2018 POLL
Output 1,573,957
Stocks 2,323,458
Exports 1,565,317
Imports 39,626
*Denotes revised figures
Source: Reuters
Alan Lim, a plantation analyst at
MIDF Research.
“Stronger domestic consump-
tion could be caused by higher
biodiesel production locally as oil
prices slightly improved in March.”
Exports might be buoyed by de-
mand ahead of Ramadan, a one-
month festival which sees Muslims
post-merger issues within the context
of Sections 4 and 10 of the Competi-
tion Act 2010, in which Section 4 re-
volves around price fixing and market
sharing, while Section 10 refers to the
abuse of a dominant position.
“The case of Grab and Uber also
entails collaboration with various
competition agencies, especially with-
in Asean, because a lot of businesses
now operate across borders. So, it
would be interesting to also look at
how the competition commissions in
Singapore and Indonesia are reacting
and responding to this issue because
their decisions could also impact the
businesses here,” she added.
HOME BUSINESS 7
tion against Bursa’s overall turnover
grow to 4.8% in financial year 2017
(FY17) from 4.2% in FY16.
“Contributions from the online
platform saw the investment bank’s
total retail business grow from
47.6% in 2016 to 51.8% in 2017,”
said RHB Bank Bhd (RHB) group
managing director Datuk Khai-
russaleh Ramli at the prize-giving
ceremony of RHB’s “Trade to Win
2.0” campaign yesterday.
The campaign raised RM218
million in revenue and attracted
more than 11.5 million entries from
a total of 62,619 participating cus-
tomers, said RHB.
On top of that, 38,576 of the in-
vestment bank’s inactive accounts
were reactivated.
The campaign, which ran from
March 1, 2017, to Feb 28, 2018, and
was open to all new and existing
investors, saw two grand prize win-
ners walk away with a Honda BR-V
each.
VOLUMES IN TONNES
MARCH 2017 FEB 2018
1,494,500 1,464,021 1,342,805
2,265,000 1,553,219 2,478,186*
1,565,000 1,265,800 1,313,136*
50,000 101,961 67,165
break day-long fasts with commu-
nal feasting.
This ramps up demand for palm
oil, used to make cooking oil, a
month ahead of Ramadan, which
begins in mid-May this year.
The data also showed that pro-
duction in Malaysia rose 17.2% to
1.57 million tonnes, its first month-
Earlier, MyCC launched its 2017
reports on market reviews of the
pharmaceutical sector and build-
ing materials in the construction
industry. The report found no con-
clusive evidence of anticompetitive
behaviour in the two sectors.
MyCC chief executive officer
Datuk Abu Samah Shabudin said
the market review focused on four
building materials which accounted
for 60% of the value in construction
projects. However, higher house
prices are unlikely to have been
caused by prices of the building
materials reviewed.
“As for the pharmaceutical indus-
Yong Tai to raise
up to RM1b via
sukuk
BY N E ILY SYA F IQA H E US O F F
KUALA LUMPUR: Yong Tai Bhd
has established a sukuk or Islamic
Medium Term Note Programme
of RM1 billion in nominal value to
finance its investment activities,
capital expenditure and working
capital requirements.
In a Bursa Malaysia filing yes-
terday, Yong Tai said the sukuk
programme shall have a tenure
of 20 years, which allows Yong Tai
to issue Islamic Medium Term
Notes under different tranches
from time to time that may be
unsecured or secured by differ-
ent pools of assets or securities
during its tenure.
The group lodged the required
information and relevant doc-
uments relating to the sukuk
programme with the Securities
Commission Malaysia yesterday.
The first issuance of Islamic Me-
dium Term Notes under the sukuk
programme is expected to be issued
by the second quarter of 2018, Yong
Tai said. Kenanga Investment Bank
Bhd is the sole principal adviser,
lead arranger and lead manager
for the sukuk programme.
Yong Tai shares closed un-
changed at RM1.40 yesterday,
bringing it a market capitalisa-
tion of RM674.2 million.
ly gain in five. The gain was in line
with the seasonal trend, and March
output was at its highest since 2000.
“The market is concerned that
production is coming in. While the
March gain was from a low base in
February, a short month, the pace
of growth was getting intense. Indo-
nesia is also looking at double-digit
growth,” said David Ng, a derivatives
specialist at Phillip Futures.
“The rising trend will continue
for the next couple of months, but
maybe in the 10%-15% growth range.”
A Thomson Reuters survey had
forecast palm oil stockpiles to fall
8.6% to 2.27 million tonnes in March.
Production was seen rising 11.3% to
1.49 million tonnes, while exports
were forecast to increase 19.3% to
1.57 million tonnes. — Reuters
try, the generic drug manufacturing
sector in Malaysia is dominated by
local manufacturers, and the sector
is rather competitive as generic drugs
do not have exclusive rights and face
heavy price competition from im-
ported generic medicines,” he said.
“MyCC is committed to safe-
guard the process of competition
where it encourages efficiency, in-
novation and entrepreneurship.
This commitment promotes com-
petitive prices, improvement in the
quality of products and services,
and wider choices for consum-
ers. Thus, it is for the benefit of the
whole nation,” Saadiah added.
8 HOME BUSINESS
Malaysia Airlines says
MoU with Boeing
remains in place
This is relating to the purchase of eight 787-9 Dreamliners
BY A H M A D NAQ I B I D RI S
KUALA LUMPUR: Malaysia Air-
lines Bhd has reiterated that its
memorandum of understanding
(MoU) with US aircraft maker
Boeing to buy eight 787-9 Dream-
liners worth US$2.25 billion
(RM8.71 billion) at list prices
as announced by the Malaysian
prime minister in September last
year remains in place.
It also slammed a story by
Reuters yesterday that the na-
tional carrier had launched a
fresh tender process for 20 to 30
wide-body jets that could super-
sede the MoU deal with Boeing
as “speculative and erroneous”.
“Reference is made to the sto-
Malaysia Airlines’ new haj airline
on track for launch in 4Q18 or 1Q19
BY SYAHIRAH SYED JAAFAR
PETALING JAYA: Project Amal, a
new airline to cater specially to haj
and umrah pilgrims using Malay-
sia Airlines Bhd’s six superjumbos,
will be launched by year-end or
early 2019.
“Project Amal is on track. It will
be launched earliest in the fourth
quarter of 2018 (4Q18) or 1Q19 at
the latest,” Malaysia Airlines group
chief executive officer Captain
Izham Ismail told reporters at a
signing ceremony between the na-
tional carrier and Andalusia Travel
& Tours Sdn Bhd yesterday.
He said the new charter airline
is in the midst of applying for an
Naza EC bags RM450m road upgrading works from DBKL
KUALA LUMPUR: Naza Engineer-
ing & Construction Sdn Bhd (Naza
EC), a subsidiary of Naza Group
of Co, has won a design and build
contract for major road upgrading
works worth RM450 million from
the Kuala Lumpur City Hall (DBKL).
Its government and special pro-
jects chief operating officer Mohd
Fuad Hashim said the contract in-
volved works along Jalan Tun Razak
linking Jalan Langgak Golf to the
Kampung Pandan roundabout.
He said Naza EC would build a
fully elevated three-lane single car-
riageway road stretching 2.8km to
complement the existing number
of lanes on Jalan Tun Razak.
ry ‘Malaysia Airlines launches
wide-body tender process, could
oust Boeing 787 deal’ originating
from Reuters. Malaysia Airlines
wishes to make clear that the story
is speculative and erroneous,” the
airline said in a brief statement
yesterday.
“There is currently no such
tender process as alleged and the
MoU with Boeing as announced
by Prime Minister [Datuk Seri
Najib Razak] remains in place.
Malaysia Airlines will not be com-
menting on this matter further,”
it added.
The Reuters report, quoting
a source with knowledge of the
new wide-body tender process,
had said that while the 787s are
air operator’s certificate and will
be registered as a 100% subsidiary
of Malaysia Airlines Group with a
separate name, logo, colour scheme
and staff.
Earlier, the airline signed a three-
year agreement with Andalusia to
transport Malaysian pilgrims to
Madinah and Jeddah during the
Umrah season beginning August
this year until 2021.
The agreement will see Malay-
sian Airlines providing up to 200
charter flights over the three years,
using its Airbus A380-800s that can
accommodate up to 484 passengers
per flight.
“Malaysia Airlines has worked
closely with the Saudi authorities
"This elevated roadway is poised
to greatly minimise ongoing traffic
congestion during peak hours along
Jalan Tun Razak, which is a prime
exit point from the Kuala Lumpur
city centre.
"It will facilitate effective disper-
sal of traffic from interconnecting
roads, namely Jalan Bukit Bintang,
Jalan Kampung Pandan, Maju Ex-
pressway and the future Setiawang-
sa Pantai Expressway," he told re-
porters at the ground-breaking
ceremony here yesterday.
Mohd Fuad said according to the
Traffic Impact Assessment, the ele-
vated roadway could accommodate
up to 2,400 vehicles daily during
included in the airline’s latest re-
quest for information, it has also
listed the Airbus A330neos and
A350s for consideration.
In September last year, Ma-
laysia Airlines signed a MoU for
eight Dreamliners and eight 737
Max 8s, on the sidelines of Najib’s
visit to the White House.
However, the announcement
drew flak from the public who had
questioned the purchase, espe-
cially when the airline has yet to
return to profitability. Khazanah
Nasional Bhd is the sole share-
holder of Malaysia Airlines.
Malaysia Airlines subsequently
clarified that its planned purchase
of the 16 Boeing aircraft was not
a firm buy as yet.
to secure slot allocation for both in-
bound and outbound travel at ma-
jor airports in Saudi Arabia, namely
King Abdul-Aziz International Air-
port, Jeddah, and Prince Moham-
mad Abdul Aziz International Air-
port, Madinah,” Izham said.
“This year, we have committed
to 65 flights with over 42,000 seats
with Andalusia. We have about
350,000 seats a year. Our partner-
ship with Andalusia gives 40% of
that capacity,” he added.
Izham noted that the agreement
will eventually be novated from
Malaysia Airlines to Project Amal,
once the new airline meets all reg-
ulatory and licensing requirements
in Malaysia and Saudi Arabia.
peak hours upon its completion
in mid-2019 and would improve
connectivity to the Tun Razak Ex-
change along the southern end
of Jalan Tun Razak once it is fully
operational.
He said Naza EC also has other
ongoing projects in Bagan Datuk,
Perak and Pengerang, Johor.
"Currently, we have around
RM1.1 billion worth of ongoing
projects and we are targeting to
reach about RM3 billion order book
by year-end,” he said, adding that
the company was also in talks on
a number of projects which were
expected to materialise by the third
quarter of this year. — Bernama
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
NEWS IN BRIEF
Digital currency exchange Luno
registers as a reporting institution
BY AH MA D N AQ IB ID R IS
KUALA LUMPUR: Digital curren-
cy exchange Luno announced
yesterday that it had registered its
Malaysian operations with Bank
Negara Malaysia (BNM) as a re-
porting institution, as required
by the anti-money laundering
policy document released by the
central bank recently.
The policy document on An-
ti-Money Laundering and Coun-
ter Financing of Terrorism (AML/
CFT) — Digital Currencies (Sec-
tor 6) outlines the minimum re-
quirements and standards that
a reporting institution must ob-
serve, in order to increase the
transparency of activities relating
to digital currencies.
These requirements and
standards are also to ensure ef-
fective and robust AML/CFT con-
trol measures are put in place to
mitigate risks that reporting insti-
tutions may be used as conduits
for illegal activities.
BNM governor Tan Sri Muham-
mad Ibrahim, however, stressed
during a press conference in late
March that exchanges’ registration
with BNM does not imply author-
isation, licensing, endorsement
or validation by the central bank
of their cryptocurrency-related
activities. BNM also does not rec-
ognise cryptocurrencies as legal
tender. At the time, Muhammad
said five exchanges were regis-
tered with the central bank.
In a statement yesterday, Luno
head of countries Vijay Ayyar
YFG bags RM55m job to build homes
under armed forces housing scheme
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: YFG Bhd has
bagged an RM55 million contract
to build 418 units of one-storey
houses for the Angkatan Tentera
Malaysia Negeri Sembilan hous-
ing scheme in Tampin, Negeri
Sembilan.
In a filing with Bursa Malay-
sia yesterday, YFG said its whol-
ly-owned subsidiary YFG Engi-
neering Sdn Bhd had accepted
a letter of award from Evergreen
Platform Sdn Bhd for the con-
tract works.
“The contract works involve
Boustead Holdings bags RM44.77m
contract to maintain navy's vessel
BY NE ILY SYA F IQA H E US O F F
KUALA LUMPUR: Boustead
Holdings Bhd has bagged an
RM44.77 million contract for the
maintenance and upgrading of
combat management system for
the Royal Malaysian Navy’s vessel.
In a filing with Bursa Malaysia
yesterday, Boustead said its sub-
sidiary Boustead Naval Shipyard
Sdn Bhd (BNS) had received a
said the company views any step
Malaysia takes towards the regu-
lation of digital currencies as “a
very positive sign”.
“We will continue engaging
with various government agen-
cies to ensure that the industry is
well understood and that risks are
mitigated. We have been working
closely with BNM over the past
year and similarly with many oth-
er regulators globally,” he said.
Meanwhile, Luno Malaysia
— which previously saw its local
bank account suspended amid
an investigation by the Inland
Revenue Board (IRB) — said it
started processing its customers’
pending withdrawals since March
29, in batches, while the company
works on a long-term solution to
process both ringgit withdrawals
and deposits in Malaysia.
“Enabling Malaysian custom-
ers’ access to their funds is our
main priority. We are also testing
other solutions for processing both
deposits and withdrawals, which
will allow us to resume full services
in Malaysia,” said Luno Malaysia
country manager David Low.
In January, the digital exchange
announced the freeze by the IRB,
which resulted in users not being
able to do deposits or withdrawals
via the Luno application.
While pending withdrawals
are now being processed, users
are still unable to make ringgit
deposits into their Luno wallet to
purchase bitcoin or ethereum. It
is still unclear when Luno will be
fully operational again.
the building, infrastructure and
landscaping works of the pro-
ject,” it added.
YFG said the project is expect-
ed to commence on May 8, pend-
ing the receipt of the development
order by the relevant authorities,
and complete within 24 months.
“The project is expected to
contribute positively to the
group’s revenue and earnings
for the financial year ending Sept
30, 2018.”
YFG shares were untraded yes-
terday. They last closed at one sen
on March 21, giving it a market
capitalisation of RM3.05 million.
letter of work from the ministry
of defence for the proposed job.
The contract is expected to con-
tribute positively to the group’s
earnings for the financial year
ending Dec 31, 2018, it added.
Boustead shares closed three
sen or 1.19% higher at RM2.56
yesterday, giving it a market capi-
talisation of RM5.15 billion. Over
the past 12 months, the counter
has fallen 3.82%.
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
Prasarana’s dependency on
foreign suppliers to be cut
The target is 20% over the next five years for domestic railway projects
BY A H M AD NAQ I B I D RI S
KUALA LUMPUR: Prasarana Ma-
laysia Bhd is targeting to reduce its
dependency on foreign suppliers for
domestic railway projects by 20%
over the next five years as currently,
foreign input accounts for about 80%
of its operations and maintenance
contracts.
“We rely a lot on foreign players
as we don’t yet have a developed
railway industry here to supply our
own parts,” said Prasarana president
and chief executive officer Masnizam
Hisham. “The local players right now
are mostly involved in the servic-
es segment, but we are also look-
ing for players that are developing
products.”
The measures that have been im-
plemented to encourage more local
content in railway projects include
the requirement for all railway pro-
jects to have at least 30% of their in-
put sourced domestically.
Masnizam said this compulso-
ry requirement applies to all rail-
Sasbadi wins two jobs worth RM5.79m from MoE
BY N EI LY SYA FI QA H EU SOFF
KUALA LUMPUR: Educational ma-
terial publisher Sasbadi Holdings
Bhd has bagged two contracts worth
RM5.79 million from the ministry
of education (MoE) to publish and
print Science and Chinese language
textbooks for Form 3 students in na-
tional schools throughout Malaysia.
In a filing with Bursa Malaysia,
Sasbadi said its subsidiaries Sasba-
way projects, whether it’s the light
rail transit (LRT), mass rapid tran-
sit (MRT), High-Speed Rail or East
Coast Rail Link (ECRL).
She also pointed out that the In-
dustrial Collaboration Programme
(ICP), initiated by the finance minis-
try’s Technology Depository Agency,
encourages the localisation of foreign
technologies.
“Under the ICP, we impose a 5%
bond on players that are not able to
satisfy the requirements of the ICP
programme, which include localisa-
tion of technologies, enabling mar-
ket access for local players to market
their products overseas, and training.
“If they don’t meet the require-
ments, they will have to pay 5% more,
based on the total value of their con-
tract,” said Masnizam.
However, local players will have
to step up to the challenge, she said,
as the players must demonstrate
that they are competent enough to
receive the technologies from for-
eign players, adding that domestic
players will miss out on the booming
di Sdn Bhd (SSB) and The Malaya
Press Sdn Bhd (TMP) yesterday
received the letters of acceptance
from the MoE for their respective
contracts, which commence from
April 10 this year to Dec 31, 2020.
One involves SSB publishing and
printing Science textbooks for a
contract value of RM4.78 million.
The other sees TMP publishing and
printing Chinese language text-
books for a contract value of RM1.01
local railway industry.
Masnizam spoke to the media
yesterday after the signing of a land-
mark collaboration agreement be-
tween Prasarana and local railway
technology players LCE Resources
Sdn Bhd and Amantronic Sdn Bhd,
marking a shift in the local industry
towards the involvement of more
local players.
Under the agreement, Prasara-
na has granted Amantronic the au-
thority to promote and market the
on-board Rail Lubrication System,
which was developed by Rapid Rail.
Meanwhile, LCE will be involved
in the replacement of the platform
screen door system at five under-
ground LRT stations, from Ampang
Park to Masjid Jamek. Prasarana
had previously initiated a life-ex-
tension programme and engaged
LCE to localise the development of
the system in 2015.
Masnizam said Prasarana is work-
ing with KTM Bhd and developers
of the MRT service and the ECRL to
develop the local railway industry
million. Coupled with the textbook
contracts won in March, the group
has so far this year won five text-
book contracts valued at RM12.32
million in total, said Sasbadi. This
surpassed the five textbook con-
tracts amounting to RM11.14 mil-
lion won last year.
“It is to be noted that the 2018
contracts are for publishing and
print only, while the 2017 con-
tracts are for publishing, print
HOME BUSINESS 9
and create volume in order to at-
tract investments in the production
of local products.
“Without volume, it is unattrac-
tive to invest in new plants, to hire
people and to produce products lo-
cally because Malaysia is small. We
need to make sure we have enough
volume to generate interest.
“We have identified certain com-
mon components that all railway
projects need, like for instance the
braking system,” she said.
She added that costs can be signif-
icantly reduced when local content is
used as there is no foreign exchange
factor and no need for freight or ship-
ping, plus faster turnaround times.
Masnizam also touched on other
railway projects, such as the Johor
Baru – Singapore Rapid Transit Sys-
tem Link (RTS Link), which will be
managed by Prasarana and Singa-
pore’s SMRT Corp Ltd.
She said the two parties will be
signing a joint-venture agreement
soon, sometime within the first half
of 2018.
and supply,” it added.
“SSB and TMP are only expect-
ed to deliver the first tranche of the
contracts worth RM5.18 million
to national schools in the first and
second quarters of the financial
year ending Aug 31, 2019 (FY19),”
Sasbadi said. As such, the latest
two contracts are only expected to
contribute positively to the group’s
earnings and net assets from FY19,
during the duration of the contracts.
Malaysia IT
spending seen
5.8% higher this
year at RM64.4b
BY ERIKA BENJAMIN
KUALA LUMPUR: Spending
on technology products and
services in Malaysia is forecast
to grow 5.8% to RM64.4 billion
this year, according to research
and advisory firm Gartner Inc.
Worldwide information
technology (IT) spending is
projected to hit US$3.7 trillion
in 2018, up 6.2% from 2017.
Gartner research vice-president
John-David Lovelock said this is
the highest annual growth rate
Gartner has forecast since 2007.
“The declining US dollar
has caused currency tailwinds,
the main reason for this strong
growth. Spending on IT around
the world is growing at expected
levels and is in line with expect-
ed global economic growth,” he
said in a statement yesterday.
Lovelock said the US dollar
is expected to trend stronger in
2018 and 2019 while enduring
tremendous volatility. “World-
wide enterprise software spend-
ing is forecast to experience the
highest growth in 2018 with an
11.1% increase. The software in-
dustry is expected to continue
capitalising on the evolution of
the digital business,” he added.
But worldwide spending on
data centre systems is forecast to
grow 3.7% this year, down from
a 6.3% growth in 2017.
“The longer-term outlook
continues to have challenges,
particularly for the storage seg-
ment. The strength at end-2017
was primarily driven by short-
ages of memory components,
and prices have increased at
a rate greater than previously
expected. Whereas previous-
ly, component shortages were
expected to ease into 2018, the
shortages are now expected to
continue throughout the year,”
said Gartner. Worldwide spend-
ing on devices is forecast to grow
6.6% to US$706 billion this year.
1 0 P R O P E RT Y
HNA to sell Hilton stake
Secondary offering will restructure its far-flung operations and raise cash
BY A N K I T A JMERA
BENGALURU: Hilton Worldwide
Holdings Inc’s main shareholder
HNA Tourism Group will sell about
63 million of Hilton common stock
in a secondary offering, making
good on signals it would exit its
stake in the US hotel operator.
The sale is an attempt by HNA
Tourism’s parent, Chinese avia-
tion-to-financial services conglom-
erate HNA Group Co Ltd, to re-
structure its far-flung operations
and raise cash by selling equity and
prime real estate assets.
Its restructuring follows a US$50
billion acquisition spree over the
past two years, which has sparked
scrutiny of the firm’s opaque own-
ership and use of leverage.
Hilton announced the stock
offering on Monday, while also
raising its forecast for first-quarter
(1Q) profit.
HNA Tourism held about 82.5
million shares in Hilton as of last
Thursday.
HNA Group said last week it
would sell some or all of the US$6.3
Panama will not
back The Trump
Organisation in
luxury hotel spat
PANAMA CITY: Panama will
not intercede on behalf of The
Trump Organisation in a bitter
dispute with the new owners of
a luxury hotel in Panama City,
the country’s foreign minister
said on Monday.
Isabel de Saint Malo, who is
also Panama’s vice-president,
said lawyers for The Trump
Organisation had sent sever-
al letters to various branches
of the government, including
the presidency and the foreign
ministry, asking for help in re-
gaining control of the complex.
“This is a letter that calls on
the Panamanian executive to
meddle in an issue that is clear-
ly a legal matter,” she said.
“I don’t think that the ex-
ecutive has a position to take
while legal proceedings are un-
der way because that would be
meddling in an issue that is
not within the [government’s]
remit.”
Copies of the letter asking
for Panama’s intervention were
leaked on social media. The
foreign minister confirmed the
missive’s authenticity.
The dispute centres on an
exclusive waterfront complex
in Panama City where until re-
cently, the Trump Ocean Club
International Hotel was located
at a building managed by the
US president’s property com-
pany, The Trump Organisa-
tion. — AFP
billion (RM24.38 billion) stake in
Hilton.
Hilton, which owns the Waldorf
Astoria brand, raised its 1Q adjust-
ed earnings forecast to between 52
US cents and 54 US cents per share
from a previous range of between
43 US cents and 47 US cents.
‘Europe seen as latest lure for Japan funds’
BY CHIKAKO M OGI
& KATSUYO KUWAKO
TOKYO: Japanese institutional in-
vestors’ appetite for European real
estate funds is rising as attractive
yields and lower hedging costs lure
them away from a potentially peak-
ing US market, according to Tokio
Marine Asset Management Co.
The US$57 billion (RM220.59
billion) money manager saw in-
flows to its overseas real estate equi-
ty funds soar “multifold” to around
¥200 billion (RM7.2 billion) at the
end of March from a year ago, as
demand from Japanese pensions
and other institutions surged, said
Shinji Kawano, head of its overseas
HNA’s sale
of its stake
in Hilton
makes good
on signals
it would exit
its stake in
the US hotel
operator.
Photo by
Reuters
Hilton also lifted its forecast
for revenue per available room
(RevPAR), a key performance met-
ric for the hotel industry, to be-
tween 3.5% and 4% from between
1% and 3%.
Its stock rose as much as 2.6%
on Monday morning.
property investment department.
Total assets under management
were little changed over the same
period, he said.
“Japanese investors want to take
risks on real estate but not on cur-
rency,” Kawano said in an interview
in Tokyo last week. “The appeal of
the US is decreasing while Europe
is gaining more and more attention
now, given its big market size and
attraction in light of lower hedge
costs. There is also a wariness about
the US property market peaking out.”
Client inquiries, which were fo-
cused on the US three years ago,
were now neck-and-neck for Europe,
Kawano said. Assets in overseas
real estate equity funds suddenly
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
The RevPAR forecast was strong-
er than expected, said Morgan Stan-
ley analyst Thomas Allen, adding it
was likely supported by continued
strength in foreign markets, par-
ticularly in the Asia-Pacific region.
Hilton recorded the strongest
growth in its international busi-
ness from the Asia-Pacific in 4Q,
led by rising demand in China as
travel picked up pace in the world’s
second-largest economy.
The company said on Monday
underwriters would have a 30-day
option to purchase up to an addi-
tional 9.4 million of its common
stock from HNA.
Hilton has agreed to buy back
from HNA 10 million of its com-
mon stock at a price equal to the
one at which the underwriters will
purchase shares from HNA, less 1%
of the public offering price.
Hilton will have the option to
repurchase from HNA up to an ad-
ditional 6.5 million of its common
stock at the same price.
The company will not receive any
proceeds from the sale of shares in
this offering, Hilton said. — Reuters
spiked in 2017 after years of mar-
ginal growth, he added.
For investors from Japan seeking
higher returns from overseas assets,
the rise in benchmark US borrowing
costs has made it more expensive
to hedge dollar-denominated in-
vestments back into yen. Converse-
ly, still subdued eurozone interest
rates have kept hedging costs for the
common currency low, increasing
demand for European assets.
“I think this trend will continue
for some time as many people don’t
expect interest rates in Europe to rise
so easily,” said Kawano. “In addition,
further increases in US interest rates
threaten to undermine yields on
American real estate.” — Bloomberg
Chinese firms
boost apartment
rentals in line
with Xi demands
BY C L A R E J IM
HONG KONG: Major Chinese
real estate companies are rent-
ing more of the apartments
they develop as they respond
to President Xi Jinping’s de-
mand that China should pro-
duce homes to live in, not to
speculate on.
But currying favour with au-
thorities who want to provide
affordable housing to main-
tain stability in the property
sector comes at a cost as the
developers will make little, if
any, initial return from renting.
The net yields on rental
properties for the biggest de-
velopers are only 5%-6%, and
for smaller firms with higher
costs they may even be nega-
tive, according to the devel-
opers and real estate analysts.
By contrast, the profit mar-
gins on properties that are sold
have usually been clear for all
to see — averaging in the 20%-
30% range in recent years.
It is not just Xi and the cen-
tral government that have been
piling the pressure on the real
estate developers.
Many cities started impos-
ing restrictions on land sales
last year, forcing developers
to build some homes to rent
rather than sell, making the
properties much less lucrative
and higher risk for companies.
Not only are the companies
looking at lower returns on the
developments but they also
have the balance sheet risks
of continuing to own them.
— Reuters
A US$292b
difference of
opinion roils
China stocks
BY FOX H U & MOX Y Y IN G
HONG KONG: Nothing divides
analysts in Asia quite like the
outlook for Chinese property
companies, and that is turn-
ing their shares into some of
the region’s most volatile in-
vestments.
The split between optimists,
who tend to focus on surging
home sales, and pessimists,
who worry about high debt
burdens, has rarely been so
big: Chinese developers now
have three of the five wid-
est share-price target ranges
among Asian companies with
a market value exceeding US$1
billion (RM3.87 billion).
If you believe the most bull-
ish analysts, China’s major list-
ed property firms will be worth
US$596 billion in a year. Lis-
ten to the bears, and you get
a forecast of US$304 billion.
— Bloomberg
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
B R O K E R S’ C A L L 11

Flattish 1Q profit TM infrastructure

may drive fixed-
seen for Kossan mobile convergence
Telekom Malaysia Bhd fairly limited and targeted.
(April 10, RM5.49) Mobile take-up is decent but
Maintain buy with a target price capex looks to be capped. Of the
Kossan Rubber Industries Bhd Kossan Rubber Industries Bhd (TP) of RM6.80: We believe the over one million Unifi Mobile
(April 10, RM7.60) recent selldown in Telekom Ma- app downloads since the launch
Downgrade to hold with a target FYE DEC (RM MIL) 2016A 2017A 2018F 2019F 2020F laysia Bhd (TM) is excessive, of its prepaid service in January,
price (TP) of RM8.10: We recent- Revenue 1,668 1,957 2,193 2,550 2,889 with the stock emerging as the TM said about 50% of the users
ly spoke to Kossan Rubber Indus- worst-performing telecommu- have activated their lines (80%
Operating Ebitda 288.4 311.9 389.9 449.5 513.8
tries Bhd about the progress of its nications company year to date being non-TM/Unifi users). The
new F16 plant (three billion piec- Net profit 167.1 183.9 223.2 264.0 308.6 (YTD). Valuations at -1 standard promotional 10GB 4G data offer
es per annum [pa]). As at March Core EPS (RM) 0.26 0.29 0.35 0.41 0.48 deviation (SD) of its historical has since been extended to end-
18, all eight lines in the plant had Core EPS growth (%) (17.5) 11.3 20.0 18.3 16.9 enterprise value against earn- April. We sense little appetite,
already been installed but yet to FD core PER (x) 28.59 25.68 21.40 18.10 15.48 ings before interest, taxes, de- however, for a ramp-up in mo-
begin full commercial produc- DPS (RM) 0.10 0.13 0.17 0.21 0.24 preciation and amortisation (EV/ bility capex (despite its trailing
tion, mainly due to teething is- Dividend yield (%) 1.40 1.75 2.34 2.76 3.23 Ebitda) mean mark a four-year 4G coverage) as the group is re-
sues during the trial runs, leading low. A recent meeting reveals calibrating its group capex along
EV/Ebitda (x) 16.76 15.86 12.66 10.94 9.47
to a longer-than-expected period that progress has been made to cluster lines (to better sweat ex-
required for line tests. Hence, we P/FCFE (x) 328.0 28.2 37.9 31.0 22.6 deepen customer engagement, isting assets). The lower mobile
revise our expectations of full com- Net gearing (%) 2.7 12.5 10.3 7.8 3.4 which should yield longer-term capex intensity could dilute its
mercial production of the plant to P/BV (x) 4.57 4.13 3.77 3.41 3.07 benefits. It is also recalibrating its branding, as data users are in-
only begin by mid-second quarter ROE (%) 16.7 16.9 18.4 19.8 20.9 capital expenditure (capex) and creasingly receptive to paying for
of 2018 (2Q18), from our earlier % change in core looking at workforce segmenta- a good data experience, while its
projection of 1Q18. EPS estimates (6.01) (3.36) (1.94) tion, which could portend upside rivals continue to invest signifi-
Kossan is now taking a more con- CIMB/consensus EPS (x) 0.96 1.00 1.03 risks to earnings, although at the cantly in 4G.
servative stance on the delivery of Sources: CIMB Research, company reports
expense of its mobility service in
its other two new plants, F17 and the short term.
F18 (4.5 billion pieces pa). Current- We recently met up with Mobile take-up is
ly, construction works are ongo- on-year has been weaker than its its expansion plans. Note that any Imri Mokhtar, TM’s executive decent but capex
ing and will only be completed by
end-2018. We now expect gradual
peers (Top Glove Corp Bhd and
Hartalega Holdings Bhd) given that
further delay in the ramp-up of its
new plants will act as a downside
vice-president of consumer, and
Moharmustaqeem Mohamed, the
looks to be capped.
commercial production to begin production growth mainly stemmed risk to our forecasts. chief executive officer of Unifi
by 2Q19, a four-month delay from from refurbishment works on its In tandem with our EPS cut, we Mobile for updates on the group’s
our earlier forecast. Note that both older lines. Hence, we believe the downgrade the stock to a “hold” from convergence pursuits. Key take- Its share price has priced in
plants will increase Kossan’s total commencement of full commercial an “add”, with a lower 12-month TP aways were the focus on a more downside risks to a large extent.
production capacity by 18.9% to 29.5 production of Plant 16 is essential of RM8.10. We also lower our target effective bundling of services, We keep our “buy” rating, based
billion pieces pa and will be produc- to drive earnings growth in FY18F. price-earnings ratio (PER) multiple to expanding key verticals and em- on a discounted cash flow-based
ing nitrile butadiene (NBR) gloves, For the upcoming 1QFY18 re- 19.6 times calendar year 2019 PER (in bracing a digitally-driven cost TP of RM6.80. TM’s share price hit
bringing its total product mix to its sults, we expect Kossan to record line with its five-year average) from model. TM is working to deepen a five-year low on April 4 (-13%
target of 80 NBR:20 natural rubber. a flattish net profit on a quar- 22.4 times previously, mainly due to its engagement with customers YTD) and has underperformed
Full commissioning of Plant 16 ter-on-quarter basis. Our view is our concerns over continuous delays via the use of big data. The at- the FBM KLCI by 16% YTD. Its
is key to financial year 2018 forecast based on a minimal increase in its in its capacity expansion plans and tempt to “plug the gap” in its con- prospective EV/Ebitda valuation
(FY18F) earnings growth. Given production volumes in 1QFY18F, weaker three-year compound an- verged offerings could translate has fallen to -1SD below its his-
that Kossan has not added any new while the recent weakness in the nual growth rate of 18.3% versus its into monetisation challenges in torical mean, close to the level
capacity since Dec 15, 2017, it has US dollar against the ringgit should peers’ average of 25.8%. An upside the interim, although manage- attained when it acquired P1.
not been able to benefit from the be mitigated by a decline in natu- risk is faster-than-expected com- ment is confident of the longer- We believe the selldown is ex-
recent surge in demand for gloves ral latex prices. Nevertheless, we missioning of its new lines, while a term benefits. cessive given the group’s domi-
(due to a lower supply of vinyl gloves lower our FY18 to FY20 earnings downside risk is sharp weakening of The upselling of its fibre plans nant position and relatively stable
from China). As a result, the group’s per share (EPS) estimates by 1.9% the US dollar against the ringgit. — (RM10 upgrade offer) continues fixed line business and decent
FY17 volume growth of 6% year- to 6% to take into account delays in CGSCIMB Research, April 9 to resonate well with subscribers, forward dividend yields of 3.8%
which should drive a stronger av- to 4%. Additionally, attractive
erage revenue per user and Inter- growth opportunities arising
Prolexus expected to resume growth in FY19
net revenue as more subscribers from its extensive infrastructure
trade up. On cost, TM is looking should help drive fixed-mobile
at workforce segmentation and convergence. Key risks are strong-
Prolexus Bhd Prolexus Bhd potentially cutting down the num- er-than-expected competition,
(April 10, 65.5 sen) ber of TMpoint outlets. We look commercial execution, regulatory
Maintain buy with a target price FYE JULY (RM MIL) 2016A 2017A 2018F 2019F forward to better cross-selling of developments, dividend payouts,
(TP) of 80 sen: Prolexus Bhd is Turnover 402.7 348.5 320.0 360.0
services as the group’s bundling and mergers and acquisitions. —
expected to resume its growth in initiatives, thus far, have been RHB Research, April 10
Ebit 41.6 37.7 34.0 38.0
financial year 2019 (FY19) with the
completion of its fabric mill in Kl- PBT 40.6 36.3 33.0 37.0 Telekom Malaysia Bhd
uang, Johor by the fourth quarter Net profit 28.3 22.6 18.0 23.0
of 2018. We maintain “buy”, with a EPS (sen) 16.4 12.5 10.0 12.7 FYE DEC (RM MIL) 2016 2017 2018F 2019F 2020F
TP of 80 sen based on eight times EPS growth (%) - -23.7 -31.2 27.0 Total turnover 12,061 12,085 12,601 13,173 13,794
FY19 price-earnings ratio (PER) of DPS (sen) 3.2 2.2 2.0 2.5 Reported net profit 776 930 871 908 1,138
closest related peers. PER (x) 3.7 4.8 7.3 6.1
Prolexus is an original equip- Recurring net profit 848 863 871 908 1,138
BV/Share (RM) 1.13 1.21 1.30 1.40 Recurring net
ment manufacturer for major glob-
al sports apparel brands such as ROE (%) 14.4 10.2 6.4 7.2 profit growth (%) (6.3) 1.8 1.0 4.2 25.3
Nike, Under Armour and Asics, Net dividend yield (%) 2.4 3.6 3.2 4.0 Recurring EPS (RM) 0.23 0.23 0.23 0.24 0.30
with manufacturing facilities in Sources: Company and Rakuten Trade Research DPS (RM) 0.22 0.22 0.21 0.22 0.27
Batu Pahat, Penang and China, Recurring PER (x) 24.2 23.8 23.6 22.6 18.1
with a total production capacity better control of the supply chain Prolexus was in a net cash posi-
of 14 million pieces per annum. and improving margins. The fabric tion with RM23.1 million as at Jan P/B (x) 2.67 2.62 2.55 2.52 2.53
Under Armour accounts for 30% manufacturing plant is expected to 31, 2018, and is expected to recover P/CF (x) 7.29 9.24 6.06 5.80 5.51
of its revenue, followed by Nike at provide synergistic benefits to the from a slower FY18 and resume its Dividend yield (%) 3.9 3.9 3.8 4.0 5.0
20% and Asics 10%. existing sports apparel manufac- growth trajectory with double-digit EV/Ebitda (x) 6.51 7.29 7.20 6.95 6.30
Prolexus completed a rights issue turing process. Current plant utilisa- earnings growth for FY19 and FY20, ROAE (%) 10.0 12.0 11.0 11.2 14.0
back in 2016, raising RM56.8 mil- tion remains satisfactory at between with contributions from the fabric
Net debt to equity (%) 62.5 77.8 84.3 85.0 86.5
lion for the construction of its first 60% and 70% and is expected to im- mill. Meanwhile, we expect net divi-
fabric mill in Kluang, Johor, which prove with upcoming major sporting dend yields of 3.2% and 4% over the Our vs consensus
will help cut cost and reduce reli- events, namely Fifa World Cup 2018 next two years. — Rakuten Trade EPS (adjusted) (%) 0.8 (0.5) 17.4
ance on external suppliers, having and 2020 Tokyo Olympics. Research, April 10 Sources: Company data, RHB
12 B R O K E R S’ C A L L WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

PetDag retail
volume seen to
stay flattish
Petronas Dagangan Bhd Petronas Dagangan Bhd Ikhmas Jaya’s new
contract wins within
(April 10, RM25.36)
Maintain hold with an unchanged FYE DEC (RM MIL) 2015 2016 2017 2018F 2019F
target price of RM24.64: Petronas Revenue 25,171.2 21,786.5 26,737.9 23,526.1 24,171.3

Dagangan Bhd (PetDag) has benefit-
ed from the upward trend of Means
of Platts Singapore pricing in finan-
cial year 2016 (FY16)-FY17. How-
ever, we opine that the trend will
normalise downwards in 2018 due
to expectations of flattish oil price
movement. Our oil price target for
2018 is US$55 (RM212.85)-US$65
per barrel as we opine that any sig-
nificant surge in oil prices will be
capped by increases in shale oil pro-
duction while on the other hand oil
prices are is still supported by Opec
production cuts which we expect
will be extended for another year.
Going forward, we expect retail
volume to stay flattish due to stag-
nant auto total industry volume, an
improved public transportation sys-
tem in the Klang Valley, growing pop-
ularity of e-hailing services, and an
improvement in fuel efficiency of cars
in general due to green initiatives.
Going forward, we understand
that capital expenditure (capex) for
the group will normalise back to
the RM300 million-RM400 million
range. Most of the capex budgeted
for FY18 will focus on boasting retail
volume by major upgrade spending
at existing stations.
expectations
Ebitda 1,515.1 1,622.9 2,219.2 1,752.7 1,800.8
Ebit 1,094.3 1,214.4 1,440.5 1,381.2 1,430.9
Finance cost (13.4) (7.7) (6.7) (5.6) (5.6)
Associates & JV 3.8 5.6 4.0 5.6 5.6
Profit before tax 1,084.6 1,212.3 1,437.9 1,381.2 1,431.0 Ikhmas Jaya Group Bhd the date of the letter of award.
Tax (290.0) (297.3) (349.9) (359.1) (372.1) (April 10, 39 sen) Year to date, the group has suc-
Net profit 790.0 913.1 1,539.5 1,020.2 1,057.1 Upgrade to buy with an unchanged cessfully secured total contracts
target price (TP) of 55 sen: Ikhmas worth RM297.6 million, accounting
Minority interest 4.6 1.9 5.5 1.9 1.9
Jaya Group Bhd has received a let- for 59.5% of our RM500 estimated
Core Patmi 790.0 942.8 1,082.5 1,020.2 1,057.1 ter of award of RM58.7 million from order-book replenishment for fi-
Exceptionals - - 457.0 - - Putrajaya Ventures Sdn Bhd for the nancial year 2018 (FY18).
Reported Patmi 790.0 942.8 1,539.5 1,020.2 1,057.1 proposed demolition works of an The current outstanding order
Source: Hong Leong Investment Bank Research existing three-storey office building, book stands at RM928.6 million af-
proposed construction and com- ter taking into account these new-
pletion of substructure works con- ly secured contracts. As such, we
We understand that three new In the long run, PetDag believes sisting of a two-level parking area believe that the outstanding order
Mesra stations were added in FY17 that the deregulation of the product in Lot 155, Jalan Ampang. Further- book could provide earnings visi-
and the group is targeting to open retailing industry is imminent and more, the group has also received bility of 4.8 times FY17 earnings as-
10 new Mesra stations in FY18. its main objective is to improve its another letter of award from Naluri suming a net profit margin of 7.5%.
Going forward, we expect manage- cost efficiency in order to sustain Rezeki Sdn Bhd for a total contract We retain our earnings forecasts
ment to focus more on upgrading profit growth. value of RM198.9 million to design, for FY18 and FY19 as the contract
existing stations rather than embark The positive impact of the improve- construct, test, commission, main- wins fall within our new order book
on aggressive expansion plans due ment in product margins has been tain and complete for the Hospital target of RM500 million for FY18.
to market saturation. reflected while normalisation of mar- Kajang project. A major risk to our earnings
The commercial segment will con- gins in FY18 and a muted outlook for The duration of the above-men- forecasts is any unforeseen delay
tinue to experience higher growth, gasoline volume have made its long- tioned project from Putrajaya Ven- in execution and recognition of
thanks to the group’s focus on the term prospects less appealing. We tures is 18 months from the date of construction progress. We up-
higher-value aviation and diesel seg- maintain “hold” with an unchanged site possession. The date for site grade to “buy” from “hold” with
ment. The group is focusing on bring- TP of RM24.64 pegged at 24 times FY18 possession is to be determined an unchanged TP of 55 sen as we
ing in more clients especially smaller price-earnings ratio. — Hong Leong soon. Similarly, the duration of believe its value re-emerges fol-
airlines in the aviation segment. Investment Bank Research, April 10 the project from Naluri Rezeki is lowing the recent decline in its
about of 36 months and the defect share price. — JF Apex Investment
liability period is 24 months from Research, April 10

More sustainable earnings trend seen for FGV Ikhmas Jaya Group Bhd
despite legal dispute FYE DEC (RM MIL) 2014 2015 2016 2017 2018F 2019F
Revenue 293.5 268.7 242.6 299.5 368.9 470.1
Felda Global Ventures Holdings Felda Global Ventures Holdings Bhd Gross profit 57.9 57.9 67.3 40.9 88.9 120.1
Bhd Ebit 33.4 37.6 21.6 25.4 45.4 58.3
(April 10, RM1.90) FYE DEC (RM MIL) 2015A 2016A 2017A 2018F 2019F
PBT 28.8 32.8 15.2 17.8 37.8 50.3
Maintain neutral with an adjusted Revenue 15,670 17,241 16,975 20,352 21,259
PAT 21.4 24.3 10.2 13.5 26.5 38.3
target price (TP) of RM1.75: Felda Ebit 682 446 801 536 610
Global Ventures Holdings Bhd (FGV) Net profit 21.5 25.2 11.3 14.3 28.0 38.4
PBT 384 260 417 347 366
has announced that its subsidiaries, Growth (%)
Net income 117 31 144 106 117
Felda Global Ventures Research & Revenue 30.0 -9.2 -10.8 19.0 18.8 21.5
Development Sdn Bhd (FGVRD) Core net income (106) (157) 59 106 117
EPS (sen) 3.21 0.86 3.94 2.90 3.21 Gross profit 7.5 14.0 -19.9 -37.4 54.0 26.0
and Felda Agricultural Services Sdn
Core EPS (sen) (2.91) (4.30) 1.62 2.90 3.21 Ebit 4.2 11.0 -73.8 14.9 44.1 22.0
Bhd (FAS) were served with a Kuala
Lumpur High Court writ of summons Net DPS (sen) 4.0 0.0 5.0 5.0 5.0 PBT -0.6 12.0 -116.2 14.8 53.0 24.7
together with a statement of claim Net dividend yield (%) 2.3 0.0 2.9 2.9 2.9 PAT -0.2 11.9 -137.2 24.0 49.1 30.7
last Thursday by Fulle Technik Sdn Core PER (59.5) (40.2) 106.7 59.6 53.9 Net profit 0.5 14.4 -123.1 21.1 48.9 27.0
Bhd (FTSB). We gather that FTSB is Margin (%)
NTA/share (RM) 1.19 1.16 1.11 1.09 1.07
claiming a total amount of RM23.39
P/NTA 1.46 1.50 1.56 1.59 1.62 Gross margin 19.7 25.1 23.2 13.7 24.1 25.5
million from FGV.
In September 2014, FGVRD ap- ROE (%) 2.0 0.5 2.6 1.9 2.1 Ebit 11.4 14.0 8.9 8.5 12.3 12.4
pointed FTSB to develop a proto- ROA (%) 0.6 0.1 0.7 0.5 0.5 PBT 9.8 12.2 6.3 5.9 10.3 10.7
type machine known as the Subsoil Sources: Company, MIDF Research forecast PAT 7.3 9.0 4.2 4.5 7.2 8.1
Fertilizer Machine (SFM). FTSB Net profit 7.3 9.4 4.7 4.8 7.6 8.2
has alleged that FGVRD had (in ther details from FGV. The company uation (from +0.5 standard deviation
breach of their contractual obliga- has mentioned that the material liti- valuation) to account for earnings Net gearing (%) 52 22 39 50 42 47
tions) appointed a third party via gation may have a material financial risk from this material litigation. De- EPS (sen) 3.94 4.62 2.07 2.62 5.13 7.03
an open tender to build and sup- impact and it will make necessary spite the reduction in our TP, we do ROE (%) 22.3 11.4 13.0 5.3 6.7 13.0
ply the SFM. In this regard, FTSB announcements on further devel- not foresee a significant downside to ROA (%) 22.4 13.3 5.8 6.7 13.1 17.7
claims RM23.39 million against opment of the case in due course. its share price as the company has DPS (sen) - - 0.01 0.005 0.01 0.01
FGVRD and FAS. We lower our TP to RM1.75 (from been registering core net profits in Dividend payout (%) - - 20.6 21.0 20 20
We maintain our financial year RM1.96) as we lower our price-to- the past two quarters, suggesting a
2018 core net profit forecast of RM106 book target to 1.1 times (from 1.23 more sustainable earnings trend. — Dividend yield (%) - - 1.5 0.9 1.5 1.5
million at this juncture pending fur- times). We are now using mean val- MIDF Research, April 10 Sources: Company, JF Apex
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
Irrelevant courses
will be discontinued
This is for the govt to produce more digitally skilled graduates in the wake of IR 4.0
KODIANG (Kedah): The higher ed-
ucation ministry is prepared to dis-
continue irrelevant courses at higher
education institutions in line with
the government’s desire to produce
more digitally skilled graduates in
the wake of the Fourth Industrial
Revolution (IR 4.0).
Its minister Datuk Seri Idris Ju-
soh said new courses would be in-
troduced to expose students to IR
4.0 which demands a change in line
with the digital transformation, to
be more competitive.
Blogger’s ex-
girlfriend spared
jail time over
insulting post
KUALA LUMPUR: Controver-
sial blogger Alvin Tan’s former
girlfriend, Vivian Lee, convict-
ed of insulting Islam by mak-
ing offensive postings on their
Facebook and sentenced to five
months and 22 days’ jail for
the offence, has been spared
the jail time and the penalty
replaced with a RM5,000 fine,
in default of six months jail.
This followed a decision by
High Court Judge Datuk Mohd
Sofian Abd Razak yesterday
in allowing an appeal by the
woman for the jail sentence
to be replaced with a fine. In
allowing the appeal by Lee,
29, he dismissed the appeal
by the prosecution for a longer
jail sentence to one year. Mohd
Sofian also advised Lee to not
repeat the mistake and warned
her of more serious penalty if
she did it.
On May 27, 2016, Sessions
Court Judge Abdul Rashid Daud
sentenced Lee to five months
and 22 days’ jail for the of-
fence. Lee and Tan were jointly
charged with committing the of-
fence by posting a picture of her
and Tan with a caption “Selamat
Berbuka Puasa (with Bak Kut
Teh ... fragrant, delicious and
appetising)”, which also con-
tained the halal logo, on their
Facebook “Alvin and Vivian-Al-
vivi” at 9am on July 12, 2013. The
charge was made under Section
4(1)(c) of the Sedition Act 1948
which provides a fine of up to
RM5,000, or imprisonment of
up to three years, or both, upon
conviction.
When met by reporters out-
side the court, deputy public
prosecutor Wan Shaharuddin
Wan Ladin, who prosecuted,
said the prosecution would file
an appeal at the Court of Ap-
peal tomorrow. — Bernama
“We are prepared to face the chal-
lenges, and even the teachers, for
example ... about 600 lecturers this
year will be given the Educator 4.0
course to know the challenges and
education streams in line with IR
4.0,” he said after launching the Jer-
lun Community College yesterday.
Idris was commenting on Barisan
Nasional’s (BN) manifesto promis-
ing an inclusive education sector
ahead of IR 4.0, with over five million
digitally skilled graduates.
Idris said the marketability rate
HISTORY RELIVED ... Police personnel parading in uniforms adopted by the force since its formation during an
appreciation ceremony for the police to mark the 211th Police Day celebration at Wisma Darul Iman in Kuala Terengganu yesterday.
Photo by Bernama
Renewable energy agenda to
drive Sarawak growth — CM
KUCHING: Sarawak’s foresight to
embrace emerging technologies to
boost the renewable energy agenda
augurs well for its future, said Chief
Minister Datuk Patinggi Abang Jo-
hari Abang Openg.
He said these efforts include trial
runs of hydrogen fuel cell applica-
tions in the transportation sector,
digitisation of electricity, great-
er economic transformation and
being exemplary globally in rural
electrification via clean energy.
“For example, within three years
Sarawak’s public transportation
landscape will undergo a transfor-
mation for the better, where elec-
tric-powered buses will ply the
streets. And at its heels, will be to
expand this category of buses to
hydrogen-powered ones, making
Kuching the first city in the coun-
try to have such buses as a pilot
of graduates from the community
college in the country is 96.7%, prov-
ing it is among the best educational
institutions locally.
“Do not underestimate the com-
munity college graduates, in terms of
marketability here (community col-
leges), [which] is the best compared
with other education institutions.”
Idris said the applications to en-
ter community colleges are on the
rise due to the variety of courses of-
fered, such as architecture, fashion,
pastry-making and automotive, in
project,” he said when opening the
fourth International Sustainable
Energy Summit 2018 here yester-
day. The summit is jointly organised
by Sustainable Energy Develop-
ment Authority Malaysia together
with Sarawak Ministry of Utilities
and co-hosted by the energy, green
technology and water ministry and
the Sarawak state government.
In outlining the efforts under-
taken to facilitate energy transi-
tion in the state, he said Sarawak
leads the nation to have nearly 75%
of renewables in three electricity
power mix, a reduction in carbon
emission from power generation
by 72% besides having the coun-
try’s lowest electricity tariff. Abang
Johari said the Sarawak Alterna-
tive Rural Electrification Scheme
implemented by the government
received the Alliance for Rural Elec-
line with market demand.
“There are also community col-
leges implementing virtual reality
courses, extending beyond IR 4.0,”
he added.
The Jerlun Community College
is the 95th of such institutions in
the country and the 10th in Kedah,
offering a full-time Certificate in
Architectural Technology for Sijil
Pelajaran Malaysia (SPM) school
leavers. A total of 48 full-time certif-
icates and 17 diplomas are offered
at the institution. — Bernama
trification Award at the fourth ARE
Energy Access Investment Summit
in Catania, Sicily.
He said Sarawak is also looking
into better connectivity by having
the light rail transit system for Kuch-
ing city that will run on hydrogen
fuel. “If this turns out feasible, an in-
tegrated transportation system com-
prising intelligent route selection,
digital asset management, smart
traffic light and parking, digital in-
formation signage and information
system for public transportation en-
sures comfort and safe mobility for
commuters,” said the chief minister.
In shaping a digital future for
Sarawak, Abang Johari said the state
is embarking on the digital econo-
my transformation for Sarawak by
formulating a five-year Sarawak
Digital Economy Strategy begin-
ning 2018 until 2022. — Bernama
H O M E 13
Parti Rakyat
contests in
GE14, wants role
as check
on power
BY S A N G E E T H A
A MA RT H A L IN G A M
BUTTERWORTH: Parti Rakyat
Malaysia (PRM) is making a re-
newed bid to play a check and
balance role in national politics
by contesting in the upcoming
14th general election (GE14).
The party, having been inac-
tive for some time, has lined up
candidates for 80 state and 20
parliamentary seats in Penang,
Perak, Kedah and Sabah, its
secretary-general Koh Swe
Yong told reporters here.
“We will be using our own
money to fund our candidacies
contrary to allegations that we
are receiving funds from Ba-
risan Nasional (BN) and Umno.
If we did do that, we would be
contesting more than 100 seats.
We are not here to split votes
but play the role of an effective
check and balance to the gov-
ernment,” he said.
The democratic socialist par-
ty was formed in 1955 by leftist
Ahmad Boestamam. Previous-
ly, several leaders including six
presidents were arrested under
the Internal Security Act (ISA)
for various reasons including its
affiliation with communism. To
date, it has about 10,000 mem-
bers. “Today, we are here to con-
tinue the fight for the people. We
want to be a governing party but
before achieving that, we will
become an effective opposition
party to either BN or Pakatan
Harapan,” Koh said.
In Penang, PRM will field
18 candidates new to politics
in 18 state and four parliament
seats, to bring up public-cen-
tric issues. The group targets
fence sitters disillusioned with
incumbent political parties’
promises, said Penang PRM
head Tang Hiang Lye. Having
left Gerakan after 19 years in
2011, he will contest the Bukit
Tengah state and Batu Kawan
parliament seats in GE14.
Former one-term Sidam
assemblyman and executive
councillor in Kedah, Tan Chow
Kang, 76, who won on a PKR
ticket in 2008, will contest in
Bukit Tengah on mainland
Penang. Tan, arrested under
the ISA in 1966, and later ban-
ished under the Emergency Or-
dinance for being a communist
party sympathiser, joined the
Labour Party in 1959 that was
part of the Malayan Peoples’
Socialist Front coalition.
Other PRM candidates to be
fielded in Penang include two
former journalists Chua Cheong
Wee, 49, and Chew Seng Tung,
35, who want to keep incumbent
leaders on their toes. “People
need to know they can ques-
tion the government. We may
not win but at least we tell the
people they should bring up
issues. In a way, we are educat-
ing them,” said Chua, formerly
Kwong Wah Yit Poh writer.
14 H O M E
PM meets BN state
leaders on GE14
Mohamed Khaled, Idris among those seen leaving PM’s home
PUTRAJAYA: Prime Minister Da-
tuk Seri Najib Razak held a meet-
ing yesterday with menteris besar
and chief ministers on the 14th
general election (GE14) in Seri Per-
dana here.
Among the state leaders seen
leaving the prime minister’s offi-
cial residence were Johor Menteri
Besar Datuk Seri Mohamed Khaled
Nordin, Melaka Chief Minister Da-
tuk Seri Idris Haron and Negeri
Sembilan Menteri Besar Datuk Seri
Mohamad Hasan.
Mohamed Khaled and Idris were
seen leaving in their cars around
11.30am.
Reporters failed in their attempts
to get comments from the two lead-
ers on their meeting with Najib,
who is also Barisan Nasional (BN)
chairman.
Idris lowered the window of the
car and waved to the reporters who
had been waiting outside Seri Per-
dana since early yesterday.
PPBM withdraws suit against RoS on party registration
KUALA LUMPUR: Parti Pribumi Ber-
satu Malaysia (PPBM) has withdrawn
its originating summons against the
Registrar of Societies (RoS) in regard
to the party’s registration.
High Court Judge S Nantha Balan
granted in chambers the party’s ap-
plication to withdraw the suit, with-
out costs, according to PPBM counsel
Mohamed Haniff Khatri Abdulla.
He told reporters that PPBM
withdrew the suit as it had filed
an application for leave for a judi-
Idris: Respect EC’s decision on polling date
KANGAR: All parties should re-
spect the decision of the Election
Commission (EC) which has set
May 9 as the polling date for the
14th general election (GE14), said
Higher Education Minister Datuk
Seri Idris Jusoh.
He said the EC certainly had its
reasonable cause for choosing a
working day as the polling date for
GE14. “We respect the EC’s decision
and it is not an issue,” he told re-
porters after launching the Kangar
Community College here yesterday.
Bigger allocation for paddy farmers if BN stays in power — minister
BY A DA M A ZI Z
KETEREH: Barisan Nasional (BN)
will introduce additional funding
for paddy farmers if it remains as
the federal government after the
14th general election (GE14), a
minister said yesterday.
Mohamad Hasan, who left Seri
Perdana at about 12.30pm, spoke
to reporters as he was leaving and
said the meeting was to discuss
the election strategy and to en-
cial review of the decision by RoS
director-general Surayati Ibrahim
to provisionally deregister the party
in the High Court here on April 5.
He said the application had been
fixed for hearing today before Justice
Datuk Wira Kamaludin Md Said.
On Feb 22, PPBM through its sec-
retary-general Datuk Dr Shahrud-
din Md Salleh filed the suit, naming
the RoS as the defendant.
In its originating summons,
PPBM, which was set up on Sept
Many have expressed their dis-
satisfaction with the EC’s decision
of fixing May 9 as the date of GE14
because it is a weekday which will
make it difficult for voters to return to
their hometowns to cast their votes.
Asked on whether the staff of
all institutions of higher learning
would be granted leave of absence
on May 9, Idris said it was up to the
management of each institution.
In Negeri Sembilan, state Barisan
Nasional (BN) chairman Datuk Seri
Mohamad Hasan said the EC might
The additional allocation will
be announced on the night of the
polling day if the election results
favour the incumbent, said Agri-
culture and Agro-Based Indus-
try Minister Datuk Seri Ahmad
Shabery Cheek.
In Budget 2018 tabled in October
Mohamad Hasan says he will
defend his state seat of Rantau.
Photo by Bernama
sure that it goes well.
“It has been settled,” he said of
the discussions.
Asked about discussions on
the BN candidates to be fielded
in Negeri Sembilan, Mohamad
said: “OK. Alhamdulillah (Praise
be to God), we discussed the list
— there were agreement and dis-
agreement.”
On the preparations for the elec-
tion and BN’s confidence about re-
taining power in Negeri Sembilan,
he said: “Insya-Allah (God willing),
we have to work hard.”
Mohamad Hasan said he would
defend his state seat of Rantau. —
Bernama
8, 2016, had sought a declaration
to compel the RoS to follow proce-
dures that it could not deregister the
party under the Societies Act 1966.
The plaintiff was also seeking
a declaration that the RoS’ failure
to reply to three letters sent to it by
the party was inconsistent with the
Societies Act 1966.
The party had also sought to
compel the RoS to carry out an
investigation into the party’s de-
registration. — Bernama
have had its own reason in making
the decision which should be respect-
ed by all parties. “Once Parliament
is dissolved, it is up to the EC. The
EC holds a meeting with all of its
members and makes the decision.
“As far as I know, the country’s
elections were usually held on week-
ends, only twice or three times they
were held during weekdays,” he told
reporters at an event at Sekolah
Kebangsaan Taman Tuanku Jaafar,
Sungai Gadut, near Seremban yes-
terday. — Bernama
last year, Prime Minister Datuk Seri
Najib Razak announced an alloca-
tion of RM150 million specifically
for paddy farmers.
“I will not reveal [the additional al-
location] here,” said Ahmad Shabery.
“The additional funding will be
announced on the night after the
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
When polling falls
on a working day
ANALYS IS BY MO H S IN A B D UL L A H
IT is true that under election laws,
polling can take place on a work-
ing day.
To be specific, Section 25 of
the Elections Act 1958 stipulates
that “Every employer shall on the
polling day allow to every elector
in his employ a reasonable peri-
od for voting, and no employer
shall make any deduction from
the pay or other remuneration of
any such elector or impose upon
or exact from him any penalty
by reason of his absence during
such a period”.
To put it plainly, employers
must give their employees time
off if they want to cast their votes
even during working hours. Well,
that is obviously not the case, as
polling stations would be closed
after normal working hours.
And if employers do not grant
employees such permission, the
employers are liable to a fine of
RM5,000 or to imprisonment for
one year.
GE14 will be held on a Wednes-
day that is May 9, 2018, as decided
by the Election Commission (EC).
So based on the provision of the
Elections Act stated above, no em-
ployer would want to be hauled
up for preventing their workers
from leaving work to vote, even
though that could lead to a pos-
sible disruption in operations.
Someone sent me a WhatsApp
message saying one public rela-
tions company has decided to close
for a day on May 9 so that its em-
ployees can vote. However, I can-
not verify the authenticity of the
information at the time of writing.
The Edge Media Group is giv-
ing the day off to staff members
who are registered voters. And
for The Edge employees who are
registered to vote outside Kuala
Lumpur or Selangor, chances are
they will be given an extra day
off. Lucky us.
But here is the thing. Instead
of making life difficult for every-
body — employers, employees
and everyone else — why can-
not May 9 be declared a public
holiday? Or have polling on Sat-
urday or Sunday as in previous
elections? Senang cerita.
True, “cuti khas” or a special
holiday has been declared for
schools. But then that is because
school premises are to be used
as polling stations and what not.
The EC must have its rea-
sons for deciding to hold GE14
on a weekday which is a work- Mohsin Abdullah is a contributing
ing day but somehow deems it editor. He has covered politics for
right to have nomination on a over four decades.
election, if our PM (Najib) remains
as PM,” he told a crowd of some
1,000 paddy farmers here.
Ahmad Shabery was distribut-
ing monetary assistance — worth
RM600 each — to representatives
of 5,368 eligible paddy farmers in
Kelantan under the Agricultural De-
Saturday, which is April 28.
Anyway, despite the election laws
making it easy for those working to
vote, in reality it is not that easy, es-
pecially for those who need to take
a break from working, go to vote and
come back to work. It is unnecessary
pressure for employees and employ-
ers as I see it. This would be the case
for the banking sector, for example.
So too for many other industries.
That apart, it is not doing any
good as far as the image is con-
cerned for the EC who is already
accused by quite a number of Ma-
laysians as being “Barisan Nasional
(BN)-biased”. The EC has however
said many times that it is not.
Just access the Internet and you
will see people — lots of them —
alleging that the commission’s de-
cision is to “ensure” a low voter
turnout which they see, rightly or
wrongly, as being “good for BN”.
Many seem to agree with former
Bersih chair Maria Chin Abdullah
who said that setting May 9 as the
polling day “can only be perceived
as another attempt by the EC to dis-
enfranchise voters and reduce the
opportunities for overseas voters,
especially those from Singapore,
Brunei, Thailand and the Philip-
pines, who may have been planning
to come home to vote”.
The general belief is that those
voters are coming home not to vote
for BN.
Pakatan Harapan leader Tun Dr
Mahathir Mohamad views polling
on Wednesday as “undemocratic”
as it “will deprive some overseas
Malaysians of their right to vote”.
Detractors are quick to remind
us that in 1995 and 1999, the general
elections were held on weekdays and
the prime minster then was Mahathir.
But there was no furore then,
certainly not as “noisy” or, should
I say, “angry” as currently. Perhaps
the opposition to the ruling coalition
was not strong then? Or a BN victory
was never in doubt back in the day?
However, there was not much
difference between the overall
voter turnout in elections held on
weekends and weekdays, which
was around 70% on average. But
in 1995 and 1999, when elections
were held on weekdays, the turn-
out was around 60%.
If it was wrong to hold the polls
on weekdays back then, then it’s
wrong to hold the polls on a week-
day now.
As we know, two wrongs do not
make a right — right?
velopment Authority for the three
months between the paddy plant-
ing and harvesting season.
The monetary assistance was
also announced during Budget
2018, which the government ex-
pects will benefit 57,000 paddy
farmers nationwide.
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
COMMENT 15

Trump’s trade war pushes

Europe toward China
The president could fast consume the reserves of soft power which America has built
BY FERDINANDO Of course, to some extent the Washington of a strategic ally. ing it alone when it comes to trade ture in the Asia-Pacific region.
GIUGLIANO trade gap reflects the different stages The president has repeatedly disputes. The US has not joined this initia-
of development of these countries: criticised the EU for its trade poli- Last year, Cecilia Malmstrom, tive, as it sees it as a rival institution
Large chunks of manufacturing have cy which, he argued, is “very unfair” the EU trade commissioner, com- to the International Monetary Fund

T
he trade fight between
the US and China is
posing a dilemma
to the European Un-
ion (EU): Should the
world’s largest trading
bloc pick a side? And, if so, which
one?
In theory, the US is the more nat-
ural ally for Europe: The two have
cooperated closely since the end
of World War II, building the mul-
tilateral institutions which are now
under threat.
And yet, President Donald
Trump’s slipshod approach to trade
diplomacy risks pushing the EU into
the arms of China.
The EU’s main strategic interest in
this fight is to ensure that the multi-
lateral trading framework — includ-
ing the World Trade Organization
(WTO) — survives. At the moment,
this concern is most shared by Bei-
jing, not Washington.
In many ways, the US and the
EU are in a similar position with
regard to China. The two econo-
mies are both net importers: Their
trade deficit amounted respectively
to US$351 billion (RM1.36 trillion)
and US$178 billion, according to
Bloomberg data.
moved to China, to benefit from low-
er wages, while domestic consump-
tion has only recently begun to rise.
Even accounting for different
stages of development, however,
Western countries have long com-
plained that Beijing is subsidising its
domestic industries unfairly.
For example, large conglomerates
enjoy subsidised loans from China’s
state-owned banks, giving them an
unfair advantage, or even keeping
some of them artificially alive.
On steel, the subject of some of
the Trump tariffs, the US and the EU
both believe that China should do
more to reduce overcapacity.
Washington and Brussels also
share concerns with regard to Chi-
na’s technology transfer policy: They
accuse Beijing of seeking to misap-
propriate intellectual property, for
example by taking over Western
high-tech firms.
This was Trump’s justification
when he unveiled last week tariffs on
around US$50 billion worth of annu-
al imports from China. The US also
launched a case at the WTO, which
the EU and Japan have since joined.
But while the EU and the US are
natural partners in rewriting the
rules of world trade with China,
Trump’s strategy risks depriving
to the US. Trump only granted a
last-minute exemption to the EU on
his tariffs on steel and aluminium.
Moreover, this exclusion is tem-
porary, as Trump is seeking to put
pressure on European countries to
make concessions in other areas of
trade; not exactly the kind of treat-
ment the EU expects from a friend.
Most importantly, the US admin-
istration is showing disdain for the
multilateral trading system which it
contributed to building. Last Friday,
Trump said the WTO was “unfair”
to the US. His proposed tariffs have
stretched the WTO framework to its
limits — the levies on steel and al-
uminium were justified on a rarely
used exemption for the defence of
national security.
Conversely, China is seeking to
stick to the rules of the multilateral
trade game.
President Xi Jinping has repeat-
edly presented China as a staunch
defender of globalisation, including
at a historic speech at the World
Economic Forum in Davos last year.
China is now challenging the US
tariffs through the WTO — a sign that
Beijing is keen to preserve the exist-
ing dispute settlement mechanism.
That stance fits well with the EU’s
own opposition to countries go-
pared a world without the WTO to
the “Wild West.”
Beijing’s courtship of the EU has
intensified lately. Zhang Ming, Chi-
na’s ambassador to the EU, wrote
last week that “China and the EU,
as major members of the WTO and
comprehensive strategic partners,
should take a clear stance against
protectionism.”
This smacks of hypocrisy, but
may be all the EU can rely on at
this stage.
There are many areas where an
EU-China alignment is possible: Bei-
jing is seeking strategic partners for
its Belt and Road Initiative, a devel-
opment strategy aimed at building
better infrastructure between Asia,
Europe and Africa.
Several countries, including
France and Germany, have ex-
pressed an initial interest in the
project, and this could be stepped
up.
Similarly, European countries
could take a more active role in the
Asian Infrastructure
Investment Bank,
China’s develop-
ment bank which
aims to support
the building of
infrastruc-
and the World Bank. Most European
countries have already chipped in,
and could invest more.
We are a long way from seeing
the EU pivot away from the US and
toward China, of course.
The EU still has plenty of reser-
vations about Beijing’s trade pol-
icy — and there is little sign these
will disappear. From the defence of
liberal democracy to broad foreign
policy priorities, there is much more
to the transatlantic bond.
But Trump risks fast consuming
the great reserves of trust and soft
power which the US has built toward
Europe since the war. That could be
just as damaging as the economic
costs of Trump’s tariffs on the US
and world economy. — Bloomberg
Sparks are flying
as Trump’s
strategy risks
depriving
Washington of a
strategic ally.
Photo by Reuters

Italian politics and Europe’s future

BY JEFFREY D SACHS
MORE than ever, the European Union
(EU) needs unity to assert its values
and interests in an age when US glob-
al leadership is on the verge of col-
lapse, China is ascendant, and Russia
wavers yet again between coopera-
tion and confrontation with the EU.
Divided, the EU is a mere help-
less spectator to geopolitical upheav-
al. United, the EU can play a critical
global role, as it uniquely combines
prosperity, democracy, environmen-
talism, innovation, and social justice.
EU unity to depend on Italy
And whether the EU regains unity of
purpose, or instead spirals into dis-
array, will depend on what happens
now in Italy.
Italy’s pivotal role stems from its
position at the geographic divide be-
tween northern Europe’s prosperity
and southern Europe’s crisis, and the
intellectual and emotional divide
between an open Europe and one
trapped again by nationalism, prej-
udice, and fear.
Italy stands also at the political
changing politics. The first, and per- The third reason is structural. including mass displacement and
divide, with an insurgent new party, haps least recognised, is a genera- Northern Europe innovates, while refugee movements.
the Five Star Movement (M5S), shar- tion of disastrous US foreign policy southern and eastern Europe by and Advocates of a strong and vibrant
ing the political stage with the right-
in the Middle East and Africa. large do not, or at least not nearly EU — and I am firmly among them
wing, anti-immigrant, and anti-EU After the Cold War ended in the at the same rate. — should be rooting for the insur-
League party and the pro-EU but early 1990s, the US and local allies Italy straddles the two sides of Eu- gent parties to join forces with the
greatly weakened centre-left Dem- aimed to establish political and mil- rope: a dynamic north, and chronic weakened traditional social-dem-
ocratic Party. itary hegemony in the Middle East malaise in the south (the Mezzogior- ocratic parties in order to promote
The insurgent M5S finished first and North Africa through US-led no). This is an old story, but also an sustainable development, innova-
in the March 4 parliamentary vote wars of regime change in Afghan- ongoing one. It helps to explain the tion, and investment-led growth,
with an astounding 33% of the vote, istan, Iraq, Syria, Libya, and else- frontlines of EU politics. and to block anti-EU coalitions.
compared to 19% for the Democrats where. The M5S was triumphant espe- Or, as in Germany, they should
and 17% for the League. The impli- The result has been chronic vi- cially in Italy’s stagnating south. urge the grand coalition of cen-
cations of M5S’ strong victory are a olence and instability, leading to My political predilections lie with tre-left and centre-right parties to
topic of heated debate in Italy and massive refugee flows into Europe social democracy. I blame conserva- become much more dynamic and
around Europe. that have upended politics in one EU tives like Schäuble for driving voters investment-oriented at European
Throughout the EU, traditional member state after another. into the arms of populist parties. scale, both for the sake of economic
centre-left and centre-right pro-EU The second reason is Europe’s good sense and to combat far-right
parties are losing votes. now chronic under-investment, es- A strong and vibrant EU nationalists.
Just as in Italy, anti-EU national-
pecially by the public sector. Yet too many mainstream so- Or, as in France, they should
ist parties like the League are gain- Under former Finance Minister cial-democratic leaders went qui- cheer the amalgamation of pro-
ing votes, and anti-establishment Wolfgang Schäuble, a self-satisfied etly along with Schäuble. I also fault EU traditionalists and insurgents
insurgencies like M5S — for exam- and economically successful Ger- Chancellor Angela Merkel and oth- in President Emmanuel Macron’s
ple, Podemos in Spain, and Syriza in many blocked European-wide in- er European leaders for failing to La République En Marche!
Greece — are either winning power vestment-led growth, and turned speak strongly enough against the Such pro-EU alignments give the
outright or holding the balance of the eurozone into a debtors’ prison US-led wars in the Middle East and EU time to reform its institutions,
power between traditional pro-EU for Greece and a dispiriting zone of North Africa. stake out a common foreign policy,
mainstream parties and anti-EU na- stagnation for much of southern and European leaders should have and initiate investment- and inno-
tionalist parties. eastern Europe. been much more energetic at the vation-led green growth in place of
With the EU’s economic policy United Nations in opposing Ameri- austerity and complacency.
Reasons for change limited to austerity, it is not hard to ca’s hegemonic policy in the Middle Traditional social-democratic
There are three reasons for Europe’s see why populism has taken root. East, with its catastrophic effects, CON T I N UES ON PAGE 17
16 W O R L D B U S I N E S S
China’s military
expansion turns
AviChina into an
Asia hot stock
BY KRISTINE SERVANDO
HONG KONG: China’s push to
bolster its military firepower
has turned a state-run aviation
stock into one of Asia’s best
performers this year.
AviChina Industry & Tech-
nology Co, a maker of train-
ing jets, transport helicopters
and airplane electronics sys-
tems, jumped 40% in Hong
Kong since the start of Febru-
ary through Monday as Bei-
jing pledged to boost defence
spending. That put it on top
of the MSCI Asia Pacific In-
dex, which fell more than 6%
in that time.
Growing tensions between
China and the US have re-
newed investor interest in Chi-
nese defence stocks such as
AviChina, according to Kelvin
Lau, an analyst at Daiwa Cap-
ital Markets. Like the other 11
analysts tracked by Bloomberg
who cover the company, Lau
has a “buy” rating on the stock.
AviChina’s military reve-
nue now outpaces profits from
general purpose lightweight
aircraft used for cargo trans-
port and crop seeding. Bei-
jing expects defence spending
to rise at the quickest pace in
three years to 1.11 trillion yuan
(RM681.54 billion) as President
Xi Jinping seeks to mould the
People’s Liberation Army into
a “world-class” force.
The rally is a turnaround
for the stock, which was trad-
ing at the cheapest valua-
tion in more than a decade
in February.
“Previously the focus for
AviChina was the general air-
craft industry which was re-
stricted by policies in China,”
said Sean Xiang, an analyst at
Guotai Junan Securities Co.
“Now the growth driver has
changed to the military busi-
ness.” — Bloomberg
HSBC to expand further in China, cut red tape under new team
BY L AW REN C E WHI T E
LONDON: HSBC will seek to cut
internal bureaucracy and expand
investment in China’s southern re-
gion to the rest of the country, exec-
utives at the bank said on Monday,
in the first hints of the strategy to be
pursued by its new leadership duo.
Mark Tucker, the bank’s first ex-
ternally appointed chairman, told
analysts and investors at a meeting in
Hong Kong that trimming the bank’s
bloated governance structure was
one of his top priorities. Tucker, who
took over as chairman last October,
has already cut the lender’s board
from over 20 people down to 14 and
plans to slash more committees and
processes, according to analysts pres-
ent at the meeting.
Xi vows to further
open China economy
He says economic globalisation is an irreversible trend of the time
BY RYAN M CM OR RO W
BEIJING: Chinese President Xi Jin-
ping pledged yesterday to lower car
tariffs this year and take other steps
to open the world’s No 2 econo-
my “wider and wider”, addressing
major complaints by the US in a
simmering trade row.
Xi’s remarks follow weeks of tit-
for-tat tariffs between Beijing and
Washington and mutual threats of
more levies on hundreds of billions
of dollars worth of products that
have raised fears of a trade war that
could lacerate the global economy.
While he did not directly men-
tion US President Donald Trump’s
demands, Xi told an economic fo-
rum on the southern island of Hain-
an that Beijing “does not seek a
trade surplus” and hopes to in-
crease imports.
Promising a “new phase of open-
ing up”, he said China will “consider-
ably lower” tariffs on cars and other
China’s Sinochem hires banks
for US$2b IPO of oil assets
BY M ATTHEW M ILLE R & D J U LI E Z HU initial public offering (IPO), the
BEIJING/HONG KONG: China’s
Sinochem Group has hired seven
banks to manage a US$2 billion
(RM7.74 billion) Hong Kong stock
listing of its key oil assets, three
people said, as the state-owned
firm shifts to higher-value busi-
nesses, including petrochemicals
production.
Sinochem has chosen BOC In-
ternational, CLSA and Morgan
Stanley as joint sponsors of the
The presentation, meanwhile, of-
fered the first sign for investors that
the bank’s new chief executive officer
(CEO) John Flint will double down
on HSBC’s “pivot” to Asia and China
in particular, despite some setbacks
in the plan launched in June 2015.
The presentation gives the clear-
est indication yet that HSBC’s new
management team will intensi-
fy its focus on China, betting on
the country’s economic growth to
bolster profits that have sagged in
recent years amid low global inter-
est rates, restructuring costs and
ever-tighter regulation.
Tucker said investors would get
a fuller picture of Flint’s new strat-
egy before the bank announces its
first-half results in July, analysts at
the meeting reported. — Reuters
Xi delivering his speech at an annual meeting of the Boao Forum for Asia yesterday in
Boao, in the southern Chinese province of Hainan. Photo by Reuters
products this year, take measures to
liberalise automobile investment,
and protect intellectual property —
all areas that have been high on the
list of demands by Washington.
“Economic globalisation is an
irreversible trend of the time,” Xi
people, who have direct knowledge
of the matter, said. It has also picked
China International Capital Corp,
HSBC, ICBC International and JP-
Morgan to work on the IPO, which
is expected in the second half of
this year, said the people.
The planned IPO will likely in-
clude Sinochem’s oil refining, oil
trading, storage and logistics, as
well as distribution and retail busi-
nesses, but not its struggling up-
stream business — mostly overseas
A filepic of HSBC headquarters in Hong Kong’s financial central district. Photo by Reuters
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
told the Boao Forum for Asia. “The
door of China’s opening up will not
close, it will only open wider and
wider.” But he gave no details or an
exact date for taking the measures.
The car tariffs were the target of
a Trump tweet on Monday. — AFP
oil and gas production.
The proposed float comes amid
a push by Beijing to inject new life
into bloated state-owned enterpris-
es by encouraging private capital
investment in the enterprises.
China’s government has been
moving to create bigger, stronger
state firms, and build globally com-
petitive enterprises. It is also weed-
ing out excess capacity in bloated
sectors, but wants to avoid any risk
of mass lay-offs or a blow to eco-
nomic growth. — Reuters
‘L’Oreal picked as
preferred bidder
for stake in
S Korea’s Nanda’
BY HYUNJOO JIN & JU-MIN PARK
SEOUL : French cosmetics
group L’Oreal SA has been
picked as the preferred bid-
der to buy 70% of South Kore-
an fashion and cosmetics firm
Nanda, in a deal estimated at
400 billion won (RM1.46 bil-
lion), Korea Economic Daily
reported yesterday, citing in-
vestment banking sources.
The deal would make L’Ore-
al the latest foreign investor
to bet on continued demand
for Korean beauty products in
Asian markets such as China,
backed by the popularity of
Korean pop culture.
The proposed purchase
from Nanda’s founder is aimed
at strengthening L’Oreal’s pres-
ence in the Chinese make-up
market, the newspaper said. UBS
is managing the deal, it said.
L’Oreal declined to comment
as did a UBS spokesman in Hong
Kong. Nanda officials were not
available for comment.
Nanda began as an online re-
tailer and has expanded to open
physical stores in South Korea,
Tokyo and Hong Kong. Its Style
Nanda clothing line and 3CE
cosmetics brand are particularly
popular among Chinese tour-
ists. The unlisted firm recorded
129 billion won in sales in 2016,
versus 109 billion in 2015, a reg-
ulatory filing showed. — Reuters
Alibaba-backed
carmaker aims
to raise more
than US$1.6b
BY R AC H E L C H A N G
& PRUDENCE HO
BOAO (China)/HONG KONG:
Xiaopeng Motors, the Chinese
car start-up that’s backed by Alib-
aba Group Holding Ltd and Fox-
conn Technology Group, plans to
raise more than 10 billion yuan
(RM6.2 billion or US$1.6 billion)
this year in a bid to take on rivals
in the world’s biggest market for
electric vehicles (EVs).
The company plans to start
pre-sales of its first model, the
G3 crossover, by the end of this
month, founder He Xiaopeng
said in an interview at the Boao
Forum in China. He didn’t elab-
orate on the fundraising plans.
Xiaopeng is among start-ups
striving to become China’s Tesla
Inc and reshape the auto indus-
try as the Asian country pro-
motes new-EVs in an effort to
clean up the environment and
cut its reliance on oil imports.
Already the biggest EV market,
China accounted for more than
half of worldwide sales last year.
Sales of all vehicles grew at a
monthly clip of more than 20%
in 2016 and 2017, according to
data from the China Passenger
Car Association. — Bloomberg
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
American companies in
China have ‘much at stake’
A Washington victory in latest trade dispute could be a boost to US-based MNCs
BY E V E LYN CH EN G
NEW YORK: If the Trump adminis-
tration wins some concessions from
China in the latest trade dispute, it
could be a boost to US-based mul-
tinational corporations (MNCs).
“The upside could be big be-
cause business as usual wasn’t get-
ting the job done in opening up
the market in China,” said Daniel
Rosen, founder and China director
of research and consulting firm
Rhodium Group.
Last week, the Trump admin-
istration proposed 25% tariffs on
US$50 billion (RM193.5 billion)
worth of roughly 1,300 Chinese
imports. Beijing was quick to re-
Cook: We’re committed to leaving
the world better than we found it.
Photo by Reuters
Apple turns
green, claiming
‘100% clean
energy’
SAN FRANCISCO: Apple said
on Monday it had achieved a
goal of “100% clean energy” for
its facilities around the world.
The California tech giant
said its retail stores, offices,
data centres, and co-located
facilities in 43 countries were
operating with non-polluting
or renewable energy.
Nine additional manufactur-
ing partners have committed
to powering all of their Apple
production with clean energy,
bringing the total number of
supplier commitments to 23.
“We’re committed to leaving
the world better than we found
it,” Apple chief executive officer
Tim Cook said in a statement.
“After years of hard work,
we’re proud to have reached
this significant milestone.
“We’re going to keep push-
ing the boundaries of what is
possible with the materials in
our products, the way we recy-
cle them, our facilities and our
work with suppliers to establish
new creative and forward-look-
ing sources of renewable ener-
gy because we know the future
depends on it.” — AFP
spond with its own list, and Presi-
dent Donald Trump subsequently
announced he asked the US Trade
Representative to consider US$100
billion in additional tariffs against
China.
“It is really not so much about
trade as about China’s rise as a
technology power and US efforts
Facebook’s Zuckerberg contrite
ahead of grilling in Congress
WASHINGTON: Facebook chief
executive officer (CEO) Mark Zuck-
erberg placed the blame for privacy
and security lapses at the world’s
largest social network squarely on
himself as he girded for appearanc-
es this week on Capitol Hill before
angry lawmakers.
In prepared remarks released by
a congressional panel, Zuckerberg
admitted he was too idealistic and
failed to grasp how the platform —
used by two billion people — could
be abused and manipulated.
The 33-year-old was to testi-
fy before senators yesterday and
House lawmakers today amid a
firestorm over the hijacking of data
on millions of Facebook users by
the British firm Cambridge Ana-
lytica, which worked with Donald
Trump’s campaign.
O n Mo n d ay , Zu c k e r b e r g
ditched his trademark T-shirt
for a suit and tie as he made the
rounds on Capitol Hill with his
assistant Andrea Besmehn for
private meetings with lawmakers
ahead of the hearings — a key test
for the Facebook founder.
“We didn’t take a broad enough
view of our responsibility, and that
was a big mistake. It was my mis-
take, and I’m sorry,” Zuckerberg
Nafta deal ‘fairly close’ but US withdrawal ‘still possible’
WASHINGTON: US President Don-
ald Trump said on Monday negoti-
ators were “fairly close” to resolving
their differences over the future of
the North American Free Trade
Agreement (Nafta) but an outright
US withdrawal was still possible.
Officials in Washington and Mex-
ico City have played down expecta-
to contain this rise and prevent
China from dominating key sec-
tors going forward,” Paul Triolo,
practice head for geotechnology
at consulting firm Eurasia Group,
said in an email.
“Hence the investment action
will be a critical piece of this,” he
said.
US companies invested US$14
billion in China last year, an in-
crease of about US$200,000 from
2016, bringing cumulative invest-
ment in the country to US$256 bil-
lion, according to one of two studies
released yesterday by the National
Committee on US-China Relations
and Rhodium Group.
On the other hand, the value of
Zuckerberg (left) and Besmehn leaving US Senator Bill Nelson’s office on Capitol
Hill in Washington DC on Monday. Facebook CEO is due to testify before US House of
Representatives lawmakers today. Photo by AFP
said in his written testimony re-
leased by the House commerce
committee.
“I started Facebook, I run it, and
I’m responsible for what happens
here.”
In his written remarks, Zucker-
berg called Facebook “an idealis-
tic and optimistic company” and
said: “We focused on all the good
that connecting people can bring.”
But he acknowledged that “it’s
clear now that we didn’t do enough
tions a deal could be unveiled later
this week when representatives of
the US, Canada, and Mexico attend
the Summit of the Americas in Peru.
“We’ve made tremendous pro-
gress. We’re fairly close on Nafta,”
Trump said at the White House.
“If we don’t make the right
deal, we’ll terminate Nafta and
W O R L D B U S I N E S S 17
announcements for new Chinese
transactions in the US fell by near-
ly 90% in 2017, and the value of
completed deals dropped by more
than a third to US$29 billion, one
of the reports showed. The sharp-
ness of the decline was mostly the
result of record-high Chinese in-
vestment in the US in 2016 and Bei-
jing’s crackdown on capital flight.
The Trump administration has also
significantly increased its scrutiny
on Chinese deals, citing national
security issues.
Back in China, US companies
still face many challenges. — CNBC
For more, visit www.cnbc.com
to prevent these tools from being
used for harm as well. That goes for
fake news, foreign interference in
elections, and hate speech, as well
as developers and data privacy.”
Zuckerberg said he had called
for more investments in security
that would “significantly impact
our profitability going forward”,
adding: “I want to be clear about
what our priority is: protecting our
community is more important than
maximising our profit.” — AFP
make the right deal after that.”
Trump’s repeated threats to exit
Nafta have unnerved US industry
and members of his fellow Repub-
lican Party who say the 24-year-old
trade pact has benefited American
industry and agriculture.
But Trump rose to the White
House on a tide of economic na-
With Europe
divided, Italy’s
politics could tip
the balance
FROM PAGE 15
parties mostly shun the new in-
surgent parties, viewing them as
populist, irresponsible, oppor-
tunistic, and dishonest.
Such is the view in Italy on the
part of the Democrats, with key
politicians rejecting a coalition
with M5S.
Understandable
That is understandable: the up-
starts thoroughly defeated the
Democrats at the polls, often
with outsize populist promises.
Yet the social democrats have
been flaccid and even silent in
the face of Schäuble-style aus-
terity and irresponsible US-led
wars.
The traditional social-demo-
cratic parties will have to regain
their dynamism and appetite for
risk-taking to win again at the
polls as true progressive parties.
The stakes in Italy are high.
With Europe politically and ge-
ographically divided, Italy’s pol-
itics could tip the balance.
A pro-EU Italy governed by an
M5S-Democrat coalition could
join with France and Germany
to reform the EU; regain a clear
foreign-policy voice for EU vis-
à-vis the US, Russia, and China;
and implement a strategy for
green, innovation-based growth.
To forge such a coalition, the
M5S would have to adopt a re-
sponsible and clearly defined
economic programme, and the
Democrats would have to accept
being the junior partner of an
untested insurgent force.
A possible key to mutual con-
fidence would be for the Demo-
crats to hold the crucial finance
ministry, while M5S appoints the
prime minister.
It is not surprising that US
President Donald Trump’s ut-
terly reckless former adviser, Ste-
phen Bannon, rushed to Italy to
encourage M5S and the League
to form a coalition that he called
the “ultimate dream,” because it
would break the EU.
That by itself should remind
Italians of the importance of a
pro-EU coalition that rejects
such miserable nightmares. —
Project Syndicate
Jeffrey D Sachs, university pro-
fessor at Columbia University, is
director of Columbia’s Center for
Sustainable Development and
the UN Sustainable Develop-
ment Solutions Network.
tionalism and has called Nafta a “dis-
aster” that has destroyed US jobs.
Canadian and Mexican officials
have balked at American demands
to raise US content requirements
in auto-manufacturing, scrap a dis-
pute resolution mechanism, and
put a five-year “sunset” clause on
the trade agreement. — AFP
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
LVMH sets upbeat tone for luxury brands
BY RO B ERT W I L L I A MS
PARIS: LVMH set an upbeat tone
for the luxury industry, plough-
ing ahead with double-digit sales
growth that beat analysts’ esti-
mates for the start of the year.
First-quarter sales rose 13% on
an organic basis, the Paris-based
owner of Sephora and Christian
Dior said on Monday after Paris
markets closed. Analysts had esti-
mated 8.5%, projecting growth to
taper off after a 12% jump last year.
Prosperous Chinese consum-
ers have been stocking up on
LVMH’s Louis Vuitton handbags
and Givenchy make-up, powering
record sales last year for the com-
pany with the highest market val-
ue in France. Gucci owner Kering
SA and Birkin-bag maker Hermes
International benefited too. While
China’s economic growth is ex-
pected to slow to 6.5% in 2018,
according to forecast data com-
Ubisoft aims
to rack up five
billion players
with Tencent deal
BY LUC I E G O DEAU
MONTREUIL (France): Fresh
from winning a long corporate
battle, French video game pow-
erhouse Ubisoft is aiming for a
10-fold surge in its global playing
audience after securing a partner-
ship with Chinese Internet giant
Tencent.
“Within 10 years, Ubisoft wants
to reach five billion players” who
have taken up the challenge of at
least one of its games, compared
with the 500 million it has now,
chief executive Yves Guillemot
told AFP in an interview.
Speaking at the company’s of-
fices in Montreuil, just east of Par-
is, Guillemot made no secret of
savouring his victory against Vin-
cent Bollore, the French chairman
of Vivendi who has a long history
of corporate raiding.
In 2015, Vivendi began acquir-
ing shares in the publisher of hit
titles like Assassin’s Creed and Far
Cry, threatening the Guillemot
family’s control of Ubisoft since
they no longer owned a major-
ity stake.
But last month, Vivendi bowed
out, selling its 27.3% stake in a €2
billion (RM9.54 billion) deal that
saw Tencent, a digital giant whose
market value rivals that of Face-
book, come in.
“As soon as they expressed their
desire to leave, we brought them a
solution, with partners who want-
ed a stake,” explained Guillemot,
who nonetheless said the battle
with Vivendi had an upside.
“With our strategy for creating
value, we proved that we didn’t
need anyone, and that they were
not going to bring any added val-
ue,” he said.
When the deal was signed,
“there were some nice parties
here”, Guillemot said, though he
was in the US at the time. — AFP
piled by Bloomberg, the strong
sales show that demand for luxury
products remains high.
LVMH shares rose as much as
5.7%, the most since October 2016,
to €277.25 (RM1,323) in early Paris
Glencore cancels
Rusal share swap
CEO Glasenberg resigns from the Russian firm’s board
BY W ILL KENNEDY
LONDON: Glencore plc, the world’s
largest commodities trader, started
to loosen ties with Russian alumini-
um tycoon Oleg Deripaska after the
US imposed harsh sanctions against
his business empire.
Glencore won’t proceed with a
plan to swap its 8.75% stake in alu-
minium producer United Co Rusal
for shares in another one of Der-
ipaska’s companies, London-list-
ed En+ Group plc. Glencore chief
executive officer Ivan Glasenberg
(CEO) has also resigned from Rus-
al’s board.
In an indication that the sanc-
tions will continue to reverberate
through the global commodity mar-
Bitcoin a ‘disease’ in Barclays model; BofA sees it popping
BY ERIC LAM
HONG KONG: Is the rise of bitcoin
analogous to the spread of an infec-
tious disease?
Analysts at Barclays plc saw
enough similarities to develop a
pricing model for the cryptocur-
rency that takes its cues from the
world of epidemiology. Their diag-
nosis: bitcoin has probably peaked.
The Barclays model divides the
pool of potential bitcoin investors
into three groups: susceptible, in-
fected and immune. It assumes that
as prices rise, “infections” spread by
word-of-mouth. Barclays analysts
led by Joseph Abate in New York
explained the rest in a note to cli-
trading yesterday. Kering shares
jumped as much as 7.5% to €447.
“This is a remarkable start to the
year for LVMH, with broad-based
market share gains in a buoyant
environment for luxury goods,”
ket, the Swiss-based commodities
giant said in a statement yesterday
that it’s evaluating other contracts
with Rusal. The trader has a mul-
ti-year deal to buy Rusal’s metal, an
arrangement that was worth US$2.4
billion in 2017.
“Glencore is still evaluating the
position under its contracts with
Rusal, but notes that these contracts
are not financially material to Glen-
core,” it said in the statement.
Shares in Glencore fell on Mon-
day because of concern that the
fallout from Washington’s decision
to target Deripaska would spill over
into Glencore’s aluminium business.
Paul Gait, a mining analyst at
Sanford C Bernstein & Co in Lon-
don, said the worries were probably
ents yesterday: “As more of the pop-
ulation become asset holders, the
share of the population available to
become new buyers — the potential
“host” population — falls, while the
share of the population that are po-
tential sellers (recoveries) increases.
Eventually, this leads to a plateau-
ing of prices, and progressively, as
random shocks to the larger sup-
ply population push up the ratio
of sellers to buyers, prices begin to
fall. That induces speculative sell-
ing pressure as price declines are
projected forward exponentially.”
A similar dynamic plays out
with infectious diseases when the
so-called immunity threshold is
reached, which the analysts de-
W O R L D B U S I N E S S 19
LVMH chairman and chief executive
officer Bernard Arnault speaking in
Paris on Monday. Photo by Bloomberg
said Rogerio Fujimori, an ana-
lyst at RBC Europe who rates the
shares the equivalent of buy, in a
note to clients.
The company saw an organic
growth of 10% or greater in cat-
egories such as spirits, fashion
goods, cosmetics and jewellery.
The strong results across all divi-
sions show that sales momentum
for LVMH’s key brands remains
intact, said John Guy, an analyst
at MainFirst, who raised his rating
on the stock to “outperform” from
“neutral” after the results.
With more than 4,000 stores
from Paris’s Avenue Montaigne to
Los Angeles’ Rodeo Drive, LVMH
is getting a boost from a rising Chi-
nese middle class that is travelling
more than ever. — Bloomberg
overdone. In a worst-case scenario,
forgoing the aluminium deal with
Rusal would see Glencore lose less
than 1% of the company’s likely 2018
earnings, he said in a note yester-
day. Even if Glencore was forced to
write down the value of the Rusal
stake to zero, it accounts for 1.3% of
the company’s market cap, he said.
“We think the market overreact-
ed,” Gait said.
Glencore shares rallied as much
as 4.6% in London yesterday.
Glencore’s interest in Rusal goes
back to at least 2007, when Deri-
paska and fellow billionaire Viktor
Vekselberg, who was also sanctioned
last Friday, merged their companies
with Glencore’s alumina plants. —
Bloomberg
scribed as “the point at which a
sufficient portion of the population
becomes immune such that there
are no more secondary infections”.
Meanwhile, Bank of America
Corp (BofA) said bitcoin, the great-
est bubble in history, is popping.
The cryptocurrency is tracking
the downfalls of the other massive
asset-price bubbles in history less
than one year out from its record,
analysts led by chief investment
strategist Michael Hartnett wrote
in a note on Sunday.
The cryptocurrency has fallen
more than 65% since peaking in De-
cember at US$19,511 (RM75,508).
Bitcoin rose 2.2% to US$6,750 on
Monday. — Bloomberg
IN BRIEF
Global debt jumped to
record US$237 trillion
in final quarter last year
WASHINGTON: Global debt
rose to a record US$237 tril-
lion (RM917.19 trillion) in the
fourth quarter of 2017 (4Q17),
more than US$70 trillion higher
from a decade earlier, accord-
ing to an analysis by the Insti-
tute of International Finance
(IIF). Among mature markets,
household debt as a percent-
age of gross domestic prod-
uct (GDP) hit all-time highs
in Belgium, Canada, France,
Luxembourg, Norway, Swe-
den and Switzerland. That’s a
worrying signal, with interest
rates beginning to rise globally.
Ireland and Italy are the only
major countries where house-
hold debt as a percentage of
GDP is below 50%. Still, the
ratio of global debt-to-GDP fell
for the fifth consecutive quar-
ter as the world’s economic
growth accelerated. The ratio is
now around 317.8% of GDP, or
four percentage points below
the high in 3Q16, according to
the IIF. — Bloomberg
Air France says seven
days of strikes estimated
to cost it €170m
PARIS: Air France said yester-
day that seven day-long strikes
since February by workers de-
manding higher pay are set to
cost it €170 million (RM811.42
million). “The impact on Air
France operating income of the
seven days of strike between
Feb 22 and April 11, 2018 is es-
timated around €170 million,”
the group said. The estimate
was contained in a statement
on the passenger numbers of
Air France-KLM, which said
they had increased by 5.4% in
March. The walkouts were set to
continue yesterday and today,
for a total of seven days since
the strikes began in February.
In another statement, Air France
said one flight out of four would
be cancelled yesterday, as the
operator urged customers with
reservations for the day to post-
pone their trips. — AFP
Bankers go on trial
in London over
Euribor-rigging
LONDON: The first trial for the
rigging of the Euribor lend-
ing rate, which has forced ma-
jor banks to pay out billions,
got under way in London on
Monday. Five defendants will
face trial over accusations they
manipulated the Euribor, the
rate at which European banks
lend to each other. The accused
are a former Deutsche Bank
employee, Achim Kraemer,
and four former employees at
Barclays: Colin Bermingham,
Philippe Moryoussef, Carlo Pal-
ombo and Sisse Bohart. An ex-
Deutsche Bank trader, Chris-
tian Bittar, has already pleaded
guilty and will not stand trial
according to Britain’s Serious
Fraud Office. The Euribor scan-
dal came out at the same time
as that of rigging of the Libor,
the Euribor’s equivalent in Brit-
ain, in 2012. — AFP
20 WORLD
Trump vows quick action in Syria
Potential military response to suspected chemical attack has been suggested while China warns against it
Hong Kong civic
groups demand
UN action on
eroding freedoms
HONG KONG: More than 40
civil groups in Hong Kong ap-
pealed to the UN yesterday,
demanding action to protect
rapidly disappearing freedoms
as Beijing increasingly tight-
ens its grip on the freewheel-
ing city.
The coalition cited increas-
ing self-censorship, declining
press freedom and the disqual-
ification of election candidates
based on their political beliefs
as key examples of Hong Kong’s
deteriorating conditions.
“The situation of human
rights has been eroding day by
day,” the coalition’s spokesperson
Simon Henderson said yesterday.
The report, submitted to the
UN for an upcoming review of
China’s rights record, includes
100 suggestions for the Hong
Kong government, such as enact-
ing laws to protect every person’s
right to stand in elections regard-
less of their political stance.
The submission bills itself “as
a road map of specific, meas-
urable and achievable recom-
mendations for Hong Kong to
abide by its human rights com-
mitments and restore its inter-
national standing,” Henderson
said in a statement.
China is scheduled for the
next so-called Universal Peri-
odic Review of its human rights
record in November, which re-
quires member states of the
UN Human Rights Council to
give recommendations to the
country. — AFP
Vanuatu and China deny holding military base talks
SYDNEY: Vanuatu and China yes-
terday denied a media report that
Beijing wanted to establish a per-
manent military presence in the
Pacific island nation.
Australia’s Fairfax Media, citing
unnamed sources, earlier yesterday
BY STEV E HOLLAND
& M ICHELLE NICHO LS
WASHINGTON/NEW YORK: US
President Donald Trump on Mon-
day promised quick, forceful action
in response to a deadly suspected
chemical weapons attack in Syria,
appearing to suggest a potential
military response.
Trump said that Washington was
“getting more clarity” on who was
responsible for the attack. Photo
by Reuters
A resident searching among the rubble of her destroyed house as she tries to salvage belongings during a visit to the main battle area
in Marawi City on April 1. Photo by AFP
Duterte banking on China ties
to repair war-torn city
BY DITAS LOP EZ
& ANDR EO CALONZO
MANILA: China will have a chance
to showcase warmer ties with the
Philippines if it wins a contract to
rebuild a city ravaged by Islamic
State-inspired terrorists last year,
a cabinet member said.
The contract for rebuilding
Marawi, the country’s only Mus-
lim-majority city, is expected to
be finalised by the end of May, as
the two nations seek to improve
relations strained by a territorial
dispute in the South China Sea.
reported that preliminary discus-
sions to locate a full military base
on Vanuatu had been held.
The prospect of a Chinese military
outpost so close to Australia has been
discussed at the highest levels in Can-
berra and Washington, Fairfax said.
Trump told a meeting with mil-
itary leaders and national securi-
ty advisers that he would make a
decision by Monday night “or very
shortly thereafter” on a response,
adding that the US had “a lot of
options militarily” on Syria.
“But we can’t let atrocities like
we all witnessed... we can’t let
that happen in our world... es-
pecially when we’re able to be-
cause of the power of the US, the
power of our country, we’re able
to stop it.”
The suspected chemical weap-
ons attack late on Saturday killed
President Rodrigo Duterte’s gov-
ernment initially chose a group led
by China State Construction Engi-
neering Corp (CSCEC) to help in
the 72-billion-peso (RM5.4 billion)
effort to rehabilitate the city. Among
the five groups that submitted un-
solicited bids, four are Chinese and
one is Malaysian.
“It will be a status symbol for
China if they get this project,” Hous-
ing Secretary Eduardo del Rosario
said, citing the warming relations
between the two countries. “They
would like to showcase to the Phil-
ippines that they are here to help.”
Vanuatu’s foreign minister, Ralph
Regenvanu, rejected the report,
however.
“No one in the Vanuatu gov-
ernment has ever talked about a
Chinese military base in Vanuatu
of any sort,” Regenvanu told the
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
at least 60 people, with more than
1,000 injured at several sites in
Douma, a city near the capital,
Damascus, according to a Syrian
aid organisation.
Initial US assessments have
been unable to determine conclu-
sively what materials were used in
the attack and could not say with
certainty that Syrian President
Bashar al-Assad’s government
forces were behind it.
Trump said, however, that
Washington was “getting more
clarity” on who was responsible
for the attack.
The Philippines has shifted to-
ward China under Duterte, and
officials from both countries have
been discussing boosting trade and
investment while setting aside ter-
ritorial disagreements. Duterte,
who is in Hainan province for the
Boao Forum for Asia this week, is
scheduled to meet with Chinese
President Xi Jinping.
The world’s biggest construc-
tion and engineering firm, CSCEC,
offered to rebuild roads, schools,
public buildings and utilities in
the most damaged part of the city
for 17 billion pesos. — Bloomberg
Australian Broadcasting Corp.
In Beijing, China’s defence
ministry said the Fairfax report
“completely did not accord with
the facts”, while a foreign ministry
spokesman described it as “fake
news”. — Reuters
US offi cials told Reuters that
Washington was weighing a mul-
tinational military response.
Meanwhile, China warned yes-
terday against military action in
Syria after Trump vowed to re-
spond “forcefully” to the latest
alleged chemical atrocity in the
country’s bloody civil war.
The Syrian regime and its
ally Russia have rejected claims
of a chemical attack, with Pres-
ident Vladimir Putin warning
against any “provocation and
speculation on this matter”. —
Reuters/AFP
IN BRIEF
Poisoned daughter of
Russian spy leaves hospital
LONDON: The daughter of
a Russian former double
agent poisoned in the UK last
month has been discharged
from hospital. Yulia Skripal,
33, was found collapsed on a
bench in Salisbury alongside
her father — Sergei Skripal —
after being exposed to a nerve
agent in an incident the Brit-
ish government blamed on
Russia. Both patients have “re-
sponded exceptionally well”
to treatment, and doctors
hope Sergei Skripal will also
be able to leave the hospital
“in due course”, said Christine
Blanshard, medical director
at Salisbury District Hospital.
— Bloomberg
North Korea minister calls
for closer Russia ties
MOSCOW: North Korea’s for-
eign minister, on a visit to
Moscow, said yesterday that
the situation on the Korean
peninsula and world events
showed that his countr y
and Russia needed to forge
stronger ties. “The current
situation on the Korean
peninsula and around your
country, and the overall in-
ternational political situation
require our two countries to
further strengthen friend-
ly cooperation, to increase
our strategic communica-
tion and coordination of ac-
tion between our countries,”
Ri Yong-ho told reporters.
— Reuters
112-year-old Japanese
man world’s oldest male
ASHORO: A 112-year-old Jap-
anese man born months be-
fore Albert Einstein published
his theory of special relativity
was recognised yesterday as
the world’s oldest man. Masa-
zo Nonaka, born on July 25,
1905, took the title after Fran-
cisco Nunez Olivera of Spain
died this year at the age of 113,
Guinness World Records said.
— Reuters
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
W O R L D 21

Indonesia seizes alleged ‘slave ship’ wanted by Interpol

JALARTA: Indonesia seized an al-
leged “slave ship” following a dra-
matic high seas chase sparked by
an Interpol alert after the vessel
escaped capture in China and Mo-
zambique, authorities said yes-
terday.
Interpol tipped off Indonesian
authorities that the stateless STS-
50, a vessel with a notorious mar-
itime rap sheet, would be entering
the Southeast Asian nation’s waters
with authorities concerned the crew
were being forced to work.
The boat, captured last Friday
some 95km from Weh Island in
Aceh province, had 20 Indonesians,
two Ukrainians and eight Russians
aboard, including the captain, a
senior navy official said.
The crew have been detained
and are now being questioned.
The Indonesian sailors said they
were not paid and that their passports
and other documents had been tak-
en away as soon as they boarded the
ship nearly a year ago, the navy said.
“These Indonesians had been
sailing for 10 months without be-
ing paid so that’s why we suspect
there was slavery happening,” Indo-
nesian navy deputy chief Achmad
Taufiqoerrochman said.
The 258-metre (850 foot) long
vessel, which was flying the flag of
tiny African nation Togo, has pre-
viously flown flags from a string of
countries including Japan, South
Korea and Mozambique, author-
ities said. — AFP

Trump lawyer’s
records seized
FBI raids Cohen’s office, home and hotel room in New York
BY DAVI D VO REACOS, ERI K LARSON
NEW JERSEY/NEW YORK: Michael
Cohen, the president’s personal
attorney, began the week as an
embattled fixer who had paid adult
film star Stormy Daniels to keep
silent about her claims of having
had sex with Donald Trump more
than a decade ago.
By the end of the day on Mon-
day, Cohen faced an ominous fu-
ture after the FBI raided his office,
home and hotel room in New York
as part of an investigation into pos-
sible financial crimes.
Cohen is under investigation for
bank fraud, wire fraud and cam-
paign finance violations, the Wash-
ington Post reported. Agents seized
records related to the US$130,000
Cohen paid Daniels, took his com-
puter, phone and personal financial
records from his New York office,
the paper said.
“I think it’s very likely that they
CHINA’S SMART GLASSES ... Police officers displaying their AI-powered smart glasses in Luoyang, Henan province, China
on April 3, 2018. At a highway check point on the outskirts of Beijing, local police are this week testing out a new security tool: smart glasses
that can pick up facial features and car registration plates, and match them in real-time with a database of suspects. The AI-powered glasses,
made by LLVision, scan the faces of vehicle occupants and the plates, flagging with a red box and warning sign to the wearer when any match
up with a centralised ‘blacklist’. Wu Fei, chief executive of LLVision, said people should not be worried about privacy concerns because China’s
authorities were using the equipment for ‘noble causes’, catching suspects from the law. Photo by Reuters
will be looking at the source of that
money paid to Stormy Daniels, and
any other women,” said Mimi Ro-
cah, a former federal prosecutor
in New York.
The searches were executed by
FBI agents after Special Counsel
Robert Mueller referred the case
to New York federal prosecutors,
according to Stephen Ryan, Co-
hen’s lawyer. Ryan called the raids
“completely inappropriate and un-
necessary” and said they led to the
“unnecessary seizure” of docu-
ments protected by attorney-cli-
ent privilege. A federal magistrate
judge had to approve the warrants
used by the FBI.
At the White House, Trump lam-
basted the aggressive move, which
appears to open a new investigative
avenue. Mueller is already examin-
ing Russian collusion in the 2016
election and possible obstruction
of justice by Trump. Mueller has
charged 19 people and obtained
five guilty pleas, including from
Trump’s former national security
adviser and campaign aides.
“Just heard that they broke into
the office of one of my personal at-
torneys,” Trump said. “Good man.
And it’s a disgraceful situation; it’s
a total witch hunt; I’ve been saying
it for a long time.”
The raid came after prosecutors
in the Southern District of New York
convinced the judge they had prob-
able cause that evidence of crimes
existed at the locations. Manhattan
US Attorney Geoffrey Berman was
appointed by Trump.
“Even if their primary focus is
the payment that was made to
Stormy Daniels, they’re going to
be interested in more than that
for purposes of a search warrant,”
said Lee Vartan, a former federal
prosecutor. “Quite clearly, they’re
going to want to see what other
payments exist, and other pat-
terns.” — Bloomberg
Prince Harry (right) and Markle meeting participants as they attended the UK team
trials for the Invictus Games Sydney 2018 at the University of Bath Sports Training
Village in Bath, southwest England last Friday. Photo by AFP
Charity’s joy at Harry’s wedding gesture
MUMBAI: An Indian charity cham-
pioning menstrual hygiene is over
the moon at being chosen as one of
seven organisations to benefit from
Prince Harry and Meghan Markle’s
wedding, its head said yesterday.
The Myna Mahila Foundation
helps disadvantaged women from
Mumbai slums access cheap san-
itary pads and campaigns to end
Define Alzheimer’s by brain changes,
not symptoms — experts
TAMPA (United States): In an ef-
fort to speed research toward a
cure for the most common form
of dementia, experts urged a new
framework yesterday to diagnose
Alzheimer’s disease using biolog-
ical clues, rather than symptoms
of memory loss.
Alzheimer’s affects some 44
million people around the world,
but remains poorly understood,
with no effective treatments de-
spite billions of dollars spent on
research.
The new approach would test
for Alzheimer’s based on a few
known biomarkers, and recog-
nise that the disease runs on a
spectrum that takes root long be-
fore symptoms appear, sometimes
even for decades.
The proposed research frame-
work was published in the April
10 edition of Alzheimer’s and
Dementia: The Journal of the
Alzheimer’s Association.
The approach has been devel-
oped in recent years by 20 aca-
demic, advocacy, government and
industry experts in dementia re-
search, convened by the Alzheim-
er’s Association and the US Na-
tional Institute on Aging.
In 2017, international leaders
convened again to review the latest
advances in the field and update
guidelines.
taboos surrounding menstruation
in the conservative Asian country.
The British prince and the US
actress this week asked people who
want to mark their nuptials next
month to donate to charity rather
than sending wedding gifts.
The organisation, which Mar-
kle visited last year, was founded
in 2015. — AFP
In the interim, “a profound shift
in thinking occurred to define
Alzheimer’s disease biologically,
by pathologic brain changes or
their biomarkers, and treat cog-
nitive impairment as a symptom/
sign of the disease, rather than its
definition,” said the report.
Biomarkers are already widely
used in medicine to diagnose peo-
ple with high blood pressure, dia-
betes and bone density problems.
People can now be assessed for
signs of Alzheimer’s using imaging
technology and analysis of cere-
bral spinal fluid samples.
The NIA-AA research framework
proposes three general groups of bi-
omarkers that are currently known
to science, and leaves room for more
to be added in the future.
The first is beta-amyloid, a nat-
urally occurring protein that ac-
cumulates in the brain, forming
plaques.
The second is a protein called
tau, which forms tangles that block
communication between neurons.
The third is neurodegenera-
tion or neuronal injury, which
may result from ageing, trauma
or Alzheimer’s disease.
Experts cautioned that the
framework is not intended to be
a guideline for doctors or a check-
list for diagnosis, but rather a path
for researchers to follow. — AFP
22
live it!
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
Personal
ASSISTANT
CO M PI L ED BY CHA NG YEE ZHW EN
WORK. LIFE. BALANCE
BOBO Kuala Lumpur
has added Wednes-
days to their weekly
performing calendar,
bringing a total of four
nights of entertain-
ment every week at
Bobo Kuala Lumpur.
Today, Australia sing-
er-songwriter Gabriel
Lynch will take over
as Bobo Artist-in-Residence throughout the
month of April. Lynch has spent much of the
last decade wowing audience across Asia,
Europe and his home country of Australia with
his brand of indie acoustic originals. Catch the
performance tomorrow from 9pm at Bobo
Kuala Lumpur, Jalan Bangkung, Bangsar. Call
(03) 20925002 for reservations.
DISCOVER the traditional music of Brittany
(France’s northwestern most region), with
the Bagad de Lann-bihoué, the only military
bagad still playing and a representative of the
French Navy. The professional ensemble of
thirty musicians has more than fifteen album
to its name and has toured the world. Join
them as they perform their unique repertoire
of music with bagpipes, bombardes, drums
and more. They will be performing today at
the Pavilion Mall main entrance, from 5pm.
NOBU, the world’s most recognised Japanese
restaurant, is known for its innovative new
style of Japanese cuisine. Nobu Kuala Lumpur,
the first Nobu restaurant in Southeast Asia,
will feature a new, decadent dessert menu
for the month of April. The menu features a
bold and innovative blend of flavours, with
items such as Earl Grey Whip Ganash, Vanilla
Parfait with Shiso Watermelon Kakigori and
the highly anticipated return of 2018’s version
of the Easter Egg, made with Hazelnut sponge,
Tofu mousse and Butterscotch sauce. Pricing
starts at RM48++, and to make a reservation,
please call (03) 21645084.
A few people have been experimenting throughout the sector with lower alcohol spirits, and no alcohol spirit variants. Not all of them have been well
received, says Pauley.
GOLDEN NECTAR
GETS A REBOOT
Flavoured, low-alcohol
Scotch? Distilleries test
whisky’s limits
BY MARK M C LAU G HLI N
D
emand for more varie-
ty in Scotch whisky from
fast-growing emerging
markets and the request
for lower alcohol varieties
among health-conscious
drinkers are challenging a closely guard-
ed centuries-old tradition.
Drinks giant Diageo, producers of mar-
ket leader Johnnie Walker, sent shock
waves through the industry earlier this
year when a “highly confidential” docu-
ment, leaked to the Wall Street Journal,
revealed potential innovations such as
flavoured infusions, low-alcohol vari-
ants and whisky finished in tequila casks.
But it is operating within very tight re-
strictions as British law states Scotch must
be at least 40% alcohol — which means
distillers cannot reach out to health-con-
scious millennials or tap into the lucrative
Middle Eastern market with lower or zero
alcohol Scotch.
“There is a lot of interest in lower alco-
hol spirit drinks across the spirit sector to
do with things like the Dry January craze
and minimum pricing of alcohol,” Mat-
thew Pauley, an assistant professor at He-
riot-Watt University’s International Cen-
tre for Brewing and Distilling, told AFP.
“A few people have been experimenting
throughout the sector with lower alcohol
spirits, and no alcohol spirit variants. Not
all of them have been well received.”
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
Pauley’s shelves are packed with herbs,
spices and flavourings used in experi-
ments with gin — but they are kept well
away from the whisky stills.
The law restricts Scotch ingredients
to barley, water and yeast aged in oak
casks, meaning flavoured infusions and
tequila-cask finishes are also likely to at-
tract the attention of the litigious Scotch
Whisky Association (SWA).
“Johnnie Walker can’t suddenly make
strawberry whisky and send it off to Chi-
na,” said Pauley.
“The SWA spends a lot of money send-
ing people around the world collecting
samples of things like random bottles of
brown liquid with tartan on it, and there
is a whole legal team who go and shut
that person down.”
He also has bagfuls of an extra-roasted
barley called “chocolate malt” which has
proved controversial.
French-owned giant Glenmorangie mar-
kets a single malt Scotch called Signet which
uses a hint of chocolate malt — but the Eden
Mill craft distillery in St Andrews abandoned
its own chocolate malt product when the
SWA warned it not to stray too far from the
traditional Scotch flavour.
“It’s the extra flavours that the choc-
olate malt will add that the distillers are
looking for and that the SWA has issue
with,” said Pauley.
“The different roasts will potentially
add different flavours so that is what is
being investigated, researched and has
come into some controversy.
“Some of the easy wins have been won,
so people naturally start to look at some
of the more left-field suggestions and line
extensions, and we get back to the issue
of how you make a line extension without
harming the core brand.”
A spokesman for the SWA said there is
no bar to producing new products based
on Scotch whisky but “the marketing of
such products must not confuse con-
sumers in any way — in particular they
must not suggest the product is Scotch
whisky when it is not”.
The SWA said flavoured whiskies are
already marketed as liqueurs but must not
be labelled Scotch, which has a similar
geographical protection to Champagne. 
“One would not add flavouring to
Champagne and expect to trade on the
reputation of Champagne by selling it as
such,” the spokesman said.
Murdo Fraser, convener of the Scottish
Parliament’s cross-party group on Scotch
whisky, also urged caution on innovation.
“My own preference would be that
we don’t see any dilution of the Scotch
whisky brand, and we therefore need to
be careful about going down the route of
innovating too quickly,” he said.
Patrons in the Roseburn Bar, near Mur-
rayfield rugby stadium in Edinburgh, were
divided on the debate between tradition
and innovation.
Sipping a dram of Aberlour, stonema-
son Alan McGuire, 53, warned that un-
palatable innovations would “contradict
the whole thing that whisky is”.
“It’s a beautiful drink that has been laid
down for years, and to add something like
ginger, or lemon or raspberry or something
to it would just kill the brand,” he added.
But nurse Christopher Gauld, 35, said
he is “a big believer in change”, as he sam-
pled a trendy looking Islay malt called
The Classic Laddie.
“The whisky we have today wouldn’t
be the way it is if people didn’t try things
in the past so I’m open to experiments,”
he said. — AFP
 live it! 23
WED N ES DAY A P R I L 1 1 , 20 1 8 • T HEED G E FINA NCIA L DA ILY

WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE

CARS BY H ANNAH ELLIOTT

Porsche’s 911 GT3 will attract

all the attention you can handle
THE face of the 2018 Porsche 911 GT3 family. At US$143,600 (RM555,732), it’s got
looks like mine today, after I got a ticket more punch than the US$102,100 Porsche
on the way to work: It’s a look that can 911 Carrera T — a sleek, sophisticated,
shoot daggers. daily driver — but it’s not as ravenous as
The rest of the car follows suit, which the US$187,500 911 GT3 RS, the boy-rac-
explains why it attracted the New York er, track-hungry, reptilian culmination
Police Department’s attention in the first of the GT3 line. It’s a thinking man’s car,
place. Ovoid bi-Xenon headlights frame even more so if you buy the grand tour-
the black grille like floodlights. A car- ing package on top, but that’s a review for
bon-fibre splitter flanks the front like a another day.
shield. Fighter-jet-worthy air intakes over This year’s version contains a six-cylin-
the rear engine, and a carbon wing cut der engine significantly updated from the
like a blade, demand that other vehicles one found previously in the GT3 RS and has
“Move. Now”. the same six-speed manual transmission
Its steel-rod-stiff suspension sits as close as the super-rare 911 R. (That one started
to the ground as fog; credit its birth at Por- life costing US$185,950 but goes for nearly The all-new 911 GT3 is the unicorn in the Porsche line-up. Photos by Bloomberg
sche Racing, which bestowed upon arrival half-a-million dollars on the open market,
the adjustable camber, ride height, and if you can find one.)
sway bar settings that keep it clamped to
the road. The car is so secure under high The finer points
speed, so clocked into every input from Inside, it’s structured the same as every
every finger, that it’s tempting to try to take
other modern 911. However, unlike in the
it up the side of a wall and drive sideways. GT3 RS, there is no roll-bar here. There
Driving it feels like you probably could. aren’t “seats”, per se, in the back, either.
So, yeah, the car catches some rather Rather, Porsche has removed the alcan-
unnecessary attention. Especially when tara rear seating and all its accoutrements
you have engaged the button on the centre to lighten the car. It weighs a lithe 1,413kg
console that reads “Engine Note Enhance”. — less than, say, the standard 911 Carrera
However, it’s all worth it. I still want to
line, among others. The weight also helps
drive this sucker down to the last thread maximise the 20% increase in downforce
and then blow it away like the white puff over the previous generation GT3.
of a dead dandelion. Porsche tried to get In place of the missing seats are two
the car back from me a few times last week seat-shaped cut-out ledges and a table-like
on account of a snow-forecast and sum- expanse behind them. The area could
mer-tyre combination — never great, but probably house a dinner chair, if you
I wrangled it back. You can pry this one pushed it. Changing the air conditioning
The rear seats have been removed to reduce weight, though there is enough space in the back to fit an
from my cold dead heads (or when I hand or adjusting the volume on the stereo uses
adult for short periods . (This is probably not, technically, legal).
it back on April 17, according to schedule). real-life buttons, and not glitch-laden
I don’t mean to be rude. It’s just the all-
touchscreens. The bluetooth and nav-
new 911 GT3, which we haven’t seen for igation are also some of the most intu-
three years, is the unicorn in the Porsche itive I’ve seen in any car. There are just
line-up: It’s the only one in the group that is
enough nods to modern reality’s needs
naturally aspirated, rather than turbo-ised; — universal serial bus, and a cup holder
has a manual transmission option at no or two — to make the GT3 feel far more
additional cost; and, oh yeah, has real comfortable and fun to inhabit than cars
room in the back for a passenger. that can cost twice as much.
So, yes, we are happy. After all, we had
Crown jewel commandeered a mythical beast of a
Even though the GT3 follows the same car. At that point, not even a stop by New
general roofline of its 911 namesake, it York’s Finest could have gotten us down.
fits in a very specific place in the Porsche — Bloomberg

Top track speed is 318kph with manual transmission, or 317kph with the PDK paddle shifting system.

It’s got more punch than the Porsche 911 Carrera T — a sleek, sophisticated, daily driver — but it’s not as ravenous as the 911 GT3 RS.
2 4 S P O RT S
Samsung denies
Olympics bid
corruption
allegations
SEOUL: South Korean tech
giant Samsung yesterday de-
nied allegations it illegally
lobbied International Olym-
pic Committee members to
vote for Pyeongchang to host
the 2018 Winter Olympics
over the German and French
cities of Munich and Annecy.
Corruption allegations
surrounding Pyeongchang’s
successful Olympic bid have
seen Samsung accused of of-
fering various incentives in
return for votes.
South Korean broadcaster
SBS TV said it had obtained
copies of 137 emails including
messages between Samsung
executives and Papa Massata
Diack — the scandal-tainted
son of former Internation-
al Association of Athletics
Federations (IAAF) president
Lamine Diack.
According to SBS, the mails
included one listing 27 IOC
members with voting rights
to choose a host country and
another suggesting Papa Di-
ack had promised to convince
each one to vote for Pyeong-
chang.
There was also one alleg-
edly marked “strictly confi-
dential” from 2010 in which
Papa Diack requested US$12
million in funds — including
a three-year, US$9.5 million
sponsorship for the Diamond
League, an annual series of
elite athletics meetings run
by the IAAF.
“Samsung has never en-
gaged in any illegal lobby-
ing activities to have Pyeo-
ngchang win the bidding”,
Samsung said in a press state-
ment, stressing the company’s
sponsorship agreement with
IAAF was legitimate.
The emails dated Febru-
ary-December 2010 were con-
fiscated by South Korean pros-
ecutors several months ago
during a massive graft inves-
tigation into former South Ko-
rean president Park Geun-hye
and her secret confidante Choi
Soon-sil, SBS said. — AFP
Tiger Woods is back. The US$70b golf business? Not so much
BY K I M BH A SI N
& EB E N NOVY- WI L L I A MS
NEW YORK: In an age of Imax ac-
tion movies and Ultimate Fight-
ing, the leisurely sport of golf fac-
es a harsh reality: Its biggest draw
remains a 42-year-old with a bad
back.
That star, the inimitable Tiger
Woods, returned to The Masters
last Thursday. Golf fans — and the
US$70 billion (RM270.9 billion)
industry — are thrilled that he is
now a favourite.
Golf was a healthier, more pop-
ular sport during Woods’s early
CDM not pushing
panic button yet
We still have a chance in diving and lawn bowls, says Huang
GOLD COAST: Malaysia’s chef-de-
mission (CDM) at the 2018 Com-
monwealth Games, Huang Ying
How, said he was not in panic mode
over the currently sub-par achieve-
ment by the national contingent,
which has only managed to pick up
two gold, a silver, and two bronze
medals, and ranked 12th overall.
The country is looking to finish
among the top 10, with at least seven
gold medals to exceed the achieve-
ment of six gold medals during the
2014 edition in Glasgow, Scotland.
So far, Malaysia has lost two “tra-
ditional” gold medals, namely in the
mixed badminton event when the
national squad lost to India in the
final, and in squash, where Datuk
Nicol David failed to defend her gold
in the singles event.
“No [I’m not panicking]. We are
still in the middle of the journey,
and I previously said that there are
two teams [to watch out for], name-
ly England and India, and tonight
(Monday night) India have beaten
Malaysia, and this is not necessar-
Injury halts Daley hat-trick bid
GOLD COAST: World champion Tom
Daley said he was “devastated” yester-
day as he withdrew from the 10m plat-
form diving at the Commonwealth
Games through injury, ending his
bid for a third straight title.
The 2010 and 2014 gold medallist,
who will still compete in the synchro-
nised platform with Dan Goodfellow,
had a troubled build-up when he
missed weeks of training with con-
cussion.
“I am truly devastated not to be
competing in the individual event.
I have been training so hard for the
Commonwealth Games, so this is
a real disappointment for me,” said
Daley, 23. “The hardest thing for any
athlete is competing with an injury,
career. Even then, television net-
works, sponsors and tournament
organisers benefited most from his
runaway success, according to Jim
Koppenhaver, founder of golf con-
sulting firm Pellucid Corp.
To attract a younger generation,
leaders of the sport have tried six-
hole courses — and even bigger
holes. Topgolf, a driving-range fran-
chise, is courting newcomers at ven-
ues that resemble high-end bowling
alleys that feature big-screen TVs
and serve chicken-and-waffle slid-
ers, sangria and margaritas.
Imagine the excitement if cus-
tomers could watch an ascendant
Malaysia’s mixed badminton team won only silver after losing to India with a score of
1-3 at the 2018 Commonwealth Games on Monday. Photo by Bernama
ily an unsatisfactory performance.
“Although India won this evening,
we still have five events, and the op-
portunity to get two or three med-
als. And my hope is definitely gold
in badminton.
“We still have a chance in diving
and lawn bowls ... as well as squash,
which is still in progress. The national
especially when it means they can’t
compete in what they have been
working towards. I continue train-
ing for the 10m synchronised diving
Woods. When he finished second
at the Valspar Championship last
month, ratings on NBC were 190%
higher than the previous year. The
final round’s overnight ratings beat
those of every PGA championship
since 2014, every US Open since
2013 and every British Open since
2000, according to Sports Media
Watch.
In January, Woods tied for 23rd
at the Farmers Insurance Open, but
the ratings on CBS rose even after
he left. When the broadcast moved
to the Golf Channel for coverage of
some of the play-off, it was the net-
work’s most-watched telecast ever.
WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
athletes will try to win medals for the
Malaysian contingent,” he added.
So far, the country’s cycling
squad has ended their challenge
and returned home empty-handed,
when in Glasgow, they had earned a
bronze through Mohd Azizulhasni
Awang in the keirin event. — Ber-
nama
event alongside Dan.”
British Swimming said Daley, who
had hip surgery last year, had with-
drawn due to a “recurring injury”,
adding that the difficult dives required
in the individual event put too much
strain on his body.
“Due to prior illness and with his
hips being the determining factor,
some of the dives Tom was due to
demonstrate in the individual event
would be too dangerous and impact-
ful on his body,” the team said.
The double Olympic bronze med-
allist earlier told AFP that he missed
weeks of training through concussion,
and was only cleared for the Games
days before the opening ceremony.
— AFP
CBS Sports chairman Sean Mc-
Manus said of the Woods effect: “It’s
as automatic as anything in sports
television.”
Not surprisingly, corporations
are betting on Woods. In Decem-
ber 2016, Japan’s Bridgestone Corp
signed Woods to a multi-year en-
dorsement deal and recently re-
leased a Woods-branded golf ball.
When Woods plays, his sponsors
get much more screen time than
those of his competitors, according
to an analysis by Nielsen.
Whatever the limitations of the
Tiger effect, investors are driving up
golf-related stocks. — Bloomberg
IN BRIEF
Fifa reportedly
receives US$25b bid for
two tournaments
SINGAPORE: A “mystery con-
sortium” of investors from the
Middle East and Asia have made
a US$25 billion (RM96.75 bil-
lion) bid to Fifa for control over
two tournaments, the New York
Times reported on Monday. Cit-
ing multiple sources with direct
knowledge of the matter, the
Times reported that the infor-
mation was presented by Fifa
president Gianni Infantino at a
meeting with the Fifa Council
in Bogota, Colombia, in March.
According to CNBC, the bid was
for the rights to “an expanded
version of Fifa’s Club World Cup
as well as the rights to a pro-
posed global league for national
teams,” the Times said.
Rosberg joins corridors
of power with Formula E
investment
LONDON: Retired 2016 Formu-
la One world champion Nico
Rosberg has become a share-
holder and long-term investor
in Formula E, the all-electric
series said yesterday. The Mo-
naco-based German will also
give next season’s new Gen2 car
it’s first public demonstration
run at the Berlin ePrix on May
19, round nine of the champi-
onship. “Since my retirement,
I’ve become very interested in
the e-mobility movement and
its potential to positively impact
our society and our planet,” the
32-year-old said in a Formula E
statement. — Reuters
Chalmers swims to give
Australia final title
GOLD COAST: Kyle Chalmers
produced a blistering final free-
style leg as Australia regained the
men’s 4x100m medley relay title
in the final race of the pool at
the Gold Coast Commonwealth
Games yesterday. Chalmers had
trailed England’s Ben Proud for
almost the entire two lengths of
the pool before he swam down
the 50m freestyle champion in
the final four strokes to touch
in three minutes, 31.04 seconds.
England’s Adam Peaty had given
his team the lead at the halfway
stage before James Guy held off
Australia’s Grant Irvine to hand
over a narrow advantage to
Proud. — Reuters
Woods (left) waiting with caddie Joe
LaCava during the 2018 Masters
Tournament at Augusta National Golf
Club on Sunday in Georgia. Photo by AFP
WED N ES DAY A P R I L 1 1 , 20 1 8 • 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)
1.694 0.700 0.830 0.760 2674 ALCOM 0.830 0.080 474.2 0.795 7.52 24.70 111.5
Sectorial Movement 1.070 0.470 0.535 0.510 4758 ANCOM 0.535 0.025 227.2 0.528 6.24 — 117.1
3.980 2.466 3.220 2.950 6556 ANNJOO 3.220 0.320 2699.4 3.165 7.94 5.90 1,759.4
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG 0.551 0.050 0.065 0.055 9342 ANZO 0.065 0.010 11421.2 0.058 — — 57.3
1.120 0.840 — — 5568 APB 0.880 — — — — 3.41 99.3
KLSE COMPOSITE 1,860.98 11.27 0.61 TECHNOLOGY 33.80 2.39 7.61
4.090 3.300 3.520 3.340 5015 APM 3.520 0.170 8.3 3.347 17.61 4.12 709.6
KLSE INDUSTRIAL 3,229.61 15.50 0.48 FTSE BURSA 100 12,850.07 132.27 1.04 1.185 0.700 0.745 0.710 7214 ARANK 0.745 0.040 1385 0.729 6.30 4.36 89.4
CONSUMER PRODUCT 691.79 5.01 0.73 FTSE BURSA MID 70 15,664.75 347.30 2.27 1.278 0.770 0.850 0.815 7162 ASTINO 0.840 0.025 228.2 0.830 6.67 1.19 230.3
1.185 0.665 0.880 0.840 7099 ATTA 0.850 0.025 92.1 0.851 3.25 9.29 177.1
INDUSTRIAL PRODUCT 175.17 3.09 1.80 FTSE BURSA SMALL CAP 14,837.50 614.98 4.32
0.455 0.180 0.200 0.200 7181 ATURMJU 0.200 UNCH 3.9 0.200 — — 12.2
CONSTRUCTION 291.16 14.64 5.29 FTSE BURSA FLEDGLING 17,027.39 511.26 3.10 2.483 1.610 1.800 1.740 8133 BHIC 1.740 -0.060 24.7 1.749 40.85 2.87 432.3
TRADE & SERVICES 229.61 2.11 0.93 FTSE BURSA EMAS 13,045.55 159.75 1.24 0.570 0.280 — — 7005 BIG 0.320 — — — — — 15.4
0.580 0.395 0.435 0.435 7187 BKOON 0.435 UNCH 4 0.435 38.84 — 129.2
KLSE FINANCIAL 18,100.50 103.15 0.57 FTSE BUR M’SIA ACE 5,505.67 350.58 6.80
1.091 0.650 0.680 0.660 0168 BOILERM 0.660 -0.005 135 0.665 16.26 2.27 340.6
KLSE PROPERTY 1,073.19 16.85 1.60 FTSE BUR EMAS SHARIAH 13,297.69 238.97 1.83 1.830 1.000 1.060 1.060 6297 BOXPAK 1.060 -0.010 11.3 1.060 — — 127.2
KLSE PLANTATION 8,100.99 161.08 2.03 FTSE BUR HIJRAH SHARIAH 15,139.88 180.38 1.21 1.531 0.850 0.895 0.890 5100 BPPLAS 0.895 0.010 52.8 0.893 13.10 8.94 168.0
0.316 0.170 0.205 0.180 9938 BRIGHT 0.205 0.025 521.9 0.190 — — 42.1
KLSE MINING 936.21 52.69 5.96 FTSE/ASEAN 40 12,034.12 105.97 0.89
0.800 0.435 0.530 0.505 7221 BSLCORP 0.530 0.005 108.6 0.520 15.63 — 51.9
0.365 0.140 0.155 0.145 7188 BTM 0.155 0.005 36.3 0.154 — — 21.1
3.489 2.380 2.480 2.400 5105 CANONE 2.460 0.030 12.5 2.442 7.43 1.63 472.7
0.035 0.005 — — 5229 CAP 0.010 — — — — — 13.6
2.113 1.440 1.540 1.510 7076 CBIP 1.530 0.030 112.7 1.523 15.89 3.92 823.5
2.350 1.592 2.000 1.880 2879 CCM 2.000 0.040 247.8 1.999 36.30 7.50 335.4

Bursa Malaysia Main Market 1.750 1.380 1.400

1.240 1.020
1.896 1.550 1.700
—
1.400
—
1.590
8435
8044
5007
CEPCO
CFM
CHINWEL
1.400
1.080
1.640
UNCH
—
0.040 19.1
—
1 1.400
—
1.621
—
—
9.23
—
—
4.39
62.7
44.3
491.2
2.690 1.757 2.410 2.320 5797 CHOOBEE 2.390 0.110 54.7 2.378 6.25 2.51 262.7
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP 1.150 0.850 0.960 0.960 8052 CICB 0.960 -0.040 1 0.960 13.48 — 48.0
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) 0.070 0.040 0.050 0.050 7018 CME 0.050 0.005 12023 0.050 — — 40.4
CONSUMER PRODUCTS 4.628 3.300 3.990 3.880 2852 CMSB 3.940 0.010 530 3.922 19.84 2.03 4,233.0
0.725 0.360 0.390 0.390 7120 ACOSTEC 0.390 -0.010 33.5 0.390 — — 69.4 0.840 0.320 — — 7986 CNASIA 0.505 — — — 12.41 — 22.9
5.900 4.435 5.580 5.480 7090 AHEALTH 5.580 0.120 2.1 5.487 14.70 2.15 653.7 1.490 1.080 1.160 1.150 5071 COASTAL 1.150 UNCH 18.9 1.153 13.91 1.74 611.3
25.500 15.745 22.260 21.700 2658 AJI 22.200 0.540 18.3 21.86 7.08 1.89 1,349.7 0.451 0.200 0.235 0.200 7195 COMCORP 0.235 0.030 2026.3 0.222 — — 32.9
0.390 0.250 — — 7051 AMTEK 0.285 — — — — — 14.2 1.220 0.670 0.910 0.860 2127 COMFORT 0.885 -0.005 6807.2 0.888 13.76 — 497.3
5.202 3.760 3.940 3.900 6432 APOLLO 3.920 0.020 12.1 3.917 25.27 6.38 313.6 1.882 1.270 1.400 1.330 5094 CSCSTEL 1.390 0.050 691.1 1.372 8.59 7.19 528.2
1.040 0.800 — — 7722 ASIABRN 0.895 — — — — — 104.1 0.804 0.545 0.630 0.580 7157 CYL 0.630 0.065 2 0.605 52.50 6.35 63.0
3.310 2.540 2.740 2.740 7129 ASIAFLE 2.740 0.130 15.8 2.740 8.30 — 533.6 0.390 0.295 — — 5082 CYMAO 0.295 — — — — — 22.1
45.345 23.100 23.740 23.220 4162 BAT 23.320 -0.260 339.2 23.39 13.51 7.25 6,658.6 2.410 2.162 2.290 2.270 8125 DAIBOCI 2.280 0.030 2.1 2.280 28.75 2.00 747.6
0.120 0.040 0.050 0.045 7243 BIOOSMO 0.050 UNCH 272.1 0.049 — — 39.8 2.000 1.000 1.620 1.540 8176 DENKO 1.560 0.090 480 1.590 — — 1,789.4
0.674 0.410 0.440 0.420 9288 BONIA 0.440 0.020 403 0.438 13.79 2.84 354.8 0.460 0.270 0.330 0.315 7114 DNONCE 0.315 -0.010 3250.5 0.321 30.58 — 61.0
1.103 0.810 0.880 0.855 7174 CAB 0.875 0.020 438.4 0.872 8.25 0.57 553.5 0.375 0.165 — — 5835 DOLMITE 0.165 — — — — — 47.0
1.370 0.380 1.120 1.080 7154 CAELY 1.100 0.020 2521.4 1.101 42.47 0.91 88.0 0.325 0.095 0.105 0.100 5265 DOLPHIN 0.105 0.010 756.8 0.104 — — 25.6
0.415 0.260 0.315 0.315 7128 CAMRES 0.315 UNCH 20 0.315 10.00 3.17 62.0 1.379 1.138 — — 7169 DOMINAN 1.300 — — — 9.20 5.00 214.8
21.000 14.082 18.940 18.840 2836 CARLSBG 18.840 -0.080 183.6 18.90 26.04 4.03 5,760.3 2.750 1.302 2.380 2.260 1619 DRBHCOM 2.360 0.080 3598.8 2.341 25.32 0.42 4,562.4
1.440 0.627 1.440 1.350 7035 CCK 1.380 0.020 2639.3 1.398 15.02 1.45 435.2 1.582 0.950 1.070 1.000 7233 DUFU 1.060 0.040 549.7 1.041 6.81 6.13 186.0
3.050 1.943 2.880 2.800 7148 CCMDBIO 2.850 0.060 460.6 2.852 18.87 2.28 795.0 0.809 0.490 0.510 0.500 8907 EG 0.510 0.005 565.5 0.506 5.73 — 135.8
2.520 1.900 — — 2828 CIHLDG 1.900 — — — 8.38 4.21 307.8 1.010 0.700 — — 9016 EKSONS 0.760 — — — — — 124.8
0.145 0.020 0.090 0.070 5188 CNOUHUA 0.085 0.020 3052.8 0.077 — — 56.8 0.843 0.570 0.610 0.575 7217 EMETALL 0.600 0.030 148.5 0.603 5.40 4.17 113.0
3.048 2.267 — — 7205 COCOLND 2.400 — — — 16.37 5.42 549.1 0.885 0.385 — — 7773 EPMB 0.440 — — — — — 73.0
1.906 1.440 1.570 1.480 7202 CSCENIC 1.490 0.040 12.4 1.492 14.61 6.71 179.5 0.924 0.420 0.470 0.435 5101 EVERGRN 0.460 0.025 2118.9 0.451 8.61 4.35 389.4
0.095 0.010 — — 5214 CSL 0.010 — — — — — 12.4 1.690 1.139 1.360 1.360 2984 FACBIND 1.360 -0.070 0.5 1.360 12.50 2.94 115.8
0.758 0.475 0.475 0.475 9423 CWG 0.475 UNCH 10 0.475 6.78 3.16 60.0 2.862 2.400 2.550 2.450 7229 FAVCO 2.450 0.030 17.6 2.485 8.60 6.12 542.4
0.045 0.025 0.035 0.035 7179 DBE 0.035 UNCH 430 0.035 — — 93.7 0.780 0.490 — — 0149 FIBON 0.600 — — — 20.98 1.83 58.8
1.050 0.827 1.010 0.950 7119 DEGEM 1.010 0.030 8.4 0.991 8.88 2.48 135.3 2.221 1.950 1.980 1.970 3107 FIMACOR 1.970 UNCH 12.6 1.972 22.62 6.35 483.2
76.980 54.929 67.000 66.580 3026 DLADY 67.000 -0.080 1.1 66.66 36.43 1.49 4,288.0 1.780 0.980 1.050 1.010 5197 FLBHD 1.040 0.020 46.3 1.038 8.65 5.77 107.3
0.110 0.060 0.060 0.060 7182 EKA 0.060 -0.005 623 0.060 — — 18.7 0.679 0.185 0.245 0.205 5277 FPGROUP 0.240 0.030 8733.6 0.230 12.37 2.96 124.3
0.355 0.190 0.195 0.195 9091 EMICO 0.195 0.005 20 0.195 — — 18.7 2.620 0.835 0.950 0.880 7197 GESHEN 0.935 0.050 64.4 0.900 7.15 — 74.8
1.823 1.020 — — 7149 ENGKAH 1.130 — — — 57.07 5.31 80.0 0.085 0.035 0.050 0.040 5220 GLOTEC 0.045 UNCH 41005.5 0.045 — — 242.2
0.365 0.150 0.215 0.195 7208 EURO 0.215 0.015 10013 0.208 — — 57.5 0.460 0.170 0.200 0.180 7192 GOODWAY 0.200 0.015 5085.5 0.193 — — 22.1
0.760 0.620 0.750 0.750 7094 EUROSP 0.750 UNCH 5 0.750 34.25 — 33.3 0.130 0.085 — — 7096 GPA 0.090 — — — — — 88.2
34.500 23.137 33.180 32.020 3689 F&N 32.860 0.020 551.6 32.92 39.75 1.75 12,052.3 0.425 0.220 0.275 0.270 5649 GPHAROS 0.270 -0.005 10.4 0.275 71.05 — 36.3
1.070 0.830 — — 2755 FCW 0.840 — — — 2100 — 210.0 0.250 0.160 0.175 0.170 0136 GREENYB 0.175 -0.005 127.5 0.174 — 1.71 58.4
0.850 0.370 0.420 0.405 8605 FFHB 0.420 0.015 254.6 0.419 11.17 2.86 45.8 1.005 0.585 0.625 0.600 3247 GUH 0.625 0.020 53.7 0.615 — 5.39 173.7
1.931 0.786 1.560 1.410 9172 FPI 1.540 0.130 1869.8 1.506 9.01 5.19 380.9 1.180 0.710 0.900 0.870 5151 HALEX 0.900 0.020 35 0.895 — — 95.4
1.100 0.690 — — 7184 G3 0.795 — — — — — 327.9 6.500 2.397 6.500 6.230 5168 HARTA 6.470 0.250 4594.7 6.404 51.72 0.93 21,428.4
2.200 0.898 1.500 1.360 5102 GCB 1.500 0.140 471.5 1.431 8.04 1.67 720.2 19.158 3.752 9.230 8.790 4324 HENGYUAN 8.930 -0.130 4847 8.995 2.95 0.22 2,679.0
0.370 0.045 0.245 0.195 5187 HBGLOB 0.230 0.030 27346.7 0.223 7.72 — 107.6 1.690 0.685 0.835 0.795 5095 HEVEA 0.825 0.055 1226.5 0.817 6.86 8.85 461.1
23.040 16.632 21.000 20.800 3255 HEIM 20.800 UNCH 75.5 20.91 23.27 4.33 6,283.6 1.136 0.665 0.680 0.680 3298 HEXZA 0.680 0.010 10 0.680 — 7.35 136.3
11.580 8.943 10.960 10.880 3301 HLIND 10.960 0.080 50.1 10.92 25.21 3.19 3,593.8 0.530 0.295 0.435 0.395 5072 HIAPTEK 0.435 0.040 8855.2 0.421 — — 581.0
0.957 0.600 0.690 0.680 5160 HOMERIZ 0.685 0.030 93.7 0.683 7.08 6.13 205.5 1.170 0.375 0.825 0.750 5199 HIBISCS 0.825 0.065 57725.2 0.795 32.87 — 1,310.3
0.380 0.300 0.340 0.335 7213 HOVID 0.335 UNCH 110 0.337 — — 275.0 1.319 0.913 1.250 1.210 7033 HIGHTEC 1.210 0.030 0.5 1.218 7.99 2.89 49.1
1.214 1.020 1.050 1.040 5024 HUPSENG 1.050 0.020 41.2 1.044 18.88 5.71 840.0 1.020 0.640 0.730 0.700 8443 HIL 0.730 0.085 32 0.721 17.98 1.71 243.8
0.605 0.320 0.360 0.340 8478 HWATAI 0.360 0.010 221.2 0.349 25.35 — 26.9 0.715 0.300 0.400 0.400 5165 HOKHENG 0.400 0.040 4.9 0.400 37.04 — 32.0
3.440 2.600 2.990 2.950 5606 IGBB 2.990 0.020 17.6 2.968 8.46 0.67 2,002.6 0.665 0.030 0.430 0.335 2739 HUAAN 0.425 0.085 166878 0.393 5.90 — 477.0
4.760 1.330 1.370 1.330 5107 IQGROUP 1.360 UNCH 131.9 1.353 15.37 8.09 119.7 2.750 1.610 — — 5000 HUMEIND 1.610 — — — — 1.24 771.3
1.546 0.870 0.920 0.910 7152 JAYCORP 0.920 0.010 20 0.917 6.10 11.96 126.3 0.340 0.135 0.160 0.145 9601 HWGB 0.155 0.010 1933.7 0.151 — — 50.3
0.731 0.365 0.385 0.385 8931 JERASIA 0.385 0.005 10 0.385 15.34 1.30 31.6 2.040 1.634 2.040 2.000 7222 IMASPRO 2.040 0.090 24 2.002 21.07 1.72 163.2
1.699 0.900 0.985 0.925 7167 JOHOTIN 0.985 0.055 793.1 0.959 9.93 4.06 305.8 0.290 0.110 0.165 0.145 7183 IRETEX 0.160 0.010 4888.6 0.156 — — 22.6
2.243 0.750 0.810 0.770 5247 KAREX 0.795 0.010 2398.8 0.788 46.22 1.26 796.9 0.085 0.045 0.055 0.055 7223 JADI 0.055 0.005 770 0.055 — — 51.8
3.756 2.050 2.200 2.150 7216 KAWAN 2.170 0.020 100 2.194 26.79 1.80 780.2 0.175 0.125 0.135 0.135 8648 JASKITA 0.135 UNCH 240 0.135 — 7.41 60.7
0.210 0.130 — — 8303 KFM 0.135 — — — — — 9.2 1.120 0.950 — — 7043 JMR 0.985 — — — — 3.05 124.9
0.863 0.600 0.650 0.620 6203 KHEESAN 0.650 0.020 10 0.633 25.10 2.31 67.6 0.305 0.145 0.175 0.155 0054 KARYON 0.170 0.010 3367.1 0.165 13.60 1.76 80.9
2.537 1.700 — — 7062 KHIND 1.910 — — — 48.11 0.52 76.5 0.728 0.450 — — 7199 KEINHIN 0.475 — — — 16.73 2.86 51.7
2.160 1.271 — — 0002 KOTRA 1.740 — — — 17.72 2.30 232.5 0.480 0.265 — — 6211 KIALIM 0.265 — — — — — 16.4
0.132 0.057 0.110 0.095 5172 KSTAR 0.110 0.015 3081 0.104 — — 41.9 3.080 2.660 2.690 2.660 3522 KIANJOO 2.670 -0.020 27 2.674 13.18 1.50 1,185.9
5.469 3.200 3.280 3.200 7006 LATITUD 3.280 -0.010 34.9 3.236 8.16 3.66 318.8 2.315 1.360 — — 5371 KIMHIN 1.430 — — — 27.03 3.50 222.5
1.090 0.870 0.950 0.935 9385 LAYHONG 0.935 -0.025 276.7 0.944 17.58 0.53 588.7 0.075 0.005 — — 5060 KINSTEL 0.005 — — — — — 5.2
0.760 0.283 0.640 0.605 8079 LEESK 0.625 0.025 1440.1 0.622 17.22 2.40 104.9 1.450 0.800 0.945 0.925 9466 KKB 0.945 0.025 48 0.930 147.66 — 243.6
4.276 2.530 2.620 2.590 7089 LIIHEN 2.610 0.010 541.6 2.605 6.38 6.13 469.8 0.310 0.180 0.210 0.185 7164 KNM 0.210 0.020 33803 0.197 — — 497.6
0.820 0.500 0.510 0.500 7126 LONBISC 0.505 UNCH 502.9 0.501 14.55 — 94.2 1.700 0.810 1.110 0.970 6971 KOBAY 1.090 0.125 578.3 1.057 11.05 — 111.3
1.847 0.930 — — 7085 LTKM 0.930 — — — 25.91 2.69 121.0 0.245 0.150 0.195 0.185 7017 KOMARK 0.190 0.005 1063.9 0.193 — — 31.2
7.622 4.034 4.730 4.590 7087 MAGNI 4.680 0.070 255.6 4.658 6.94 2.99 761.6 8.790 5.529 7.600 7.450 7153 KOSSAN 7.600 0.130 339.9 7.484 26.46 1.45 4,860.0
0.050 0.010 0.020 0.020 5189 MAXWELL 0.020 UNCH 1600.2 0.020 — — 8.0 1.110 0.410 — — 7130 KPOWER 0.600 — — — — — 45.7
1.266 0.840 0.910 0.910 5886 MBG 0.910 0.070 4.8 0.910 38.72 3.30 55.3 5.098 3.970 4.080 4.000 3476 KSENG 4.030 0.030 38.3 4.020 1492 2.48 1,456.8
2.409 1.420 1.680 1.500 3662 MFLOUR 1.650 0.170 694.7 1.618 13.24 3.94 908.0 0.760 0.380 0.475 0.420 5192 KSSC 0.475 0.055 721.3 0.456 8.45 4.21 45.6
0.920 0.675 — — 7935 MILUX 0.755 — — — — — 41.1 0.775 0.435 — — 8362 KYM 0.490 — — — — — 73.4
4.658 3.360 3.420 3.420 5202 MSM 3.420 0.020 5 3.420 — 4.09 2,404.2 7.080 3.980 4.120 4.030 3794 LAFMSIA 4.090 -0.020 269.9 4.099 — 4.89 3,475.3
0.035 0.030 — — 5150 MSPORTS 0.035 — — — — — 21.2 0.910 0.530 0.585 0.565 9326 LBALUM 0.580 0.015 99 0.575 18.30 4.31 144.1
1.826 1.250 1.650 1.630 3921 MWE 1.640 UNCH 60 1.649 2.89 1.22 379.8 0.591 0.425 0.575 0.570 5092 LCTH 0.575 0.005 855.2 0.575 20.25 4.35 207.0
163.00 77.30 150.10 147.50 4707 NESTLE 150.100 0.500 148.5 149.13 54.51 1.80 35,198.5 6.530 4.140 6.400 6.080 5284 LCTITAN 6.390 0.330 4011.6 6.283 11.96 3.60 14,746.8
4.838 3.190 3.300 3.300 7060 NHFATT 3.300 UNCH 5 3.300 12.20 3.33 248.0 0.985 0.613 0.765 0.720 5232 LEONFB 0.760 0.040 969.7 0.748 2.93 1.97 235.6
0.130 0.035 0.045 0.040 7139 NICE 0.045 0.005 634.2 0.041 — — 15.0 0.440 0.215 0.280 0.270 8745 LEWEKO 0.280 0.010 144 0.279 — — 90.1
0.310 0.150 0.175 0.165 7215 NIHSIN 0.170 UNCH 1519 0.170 18.28 — 54.7 0.080 0.005 — — 2887 LIONDIV 0.005 — — — — — 7.0
0.836 0.490 0.530 0.510 5066 NTPM 0.530 0.015 192.3 0.519 15.59 3.77 595.3 1.670 0.715 1.030 0.930 4235 LIONIND 1.010 0.075 3643.3 0.998 5.05 — 725.1
1.765 0.900 0.965 0.900 7107 OFI 0.900 -0.035 66.2 0.951 15.15 3.89 216.0 0.740 0.390 0.455 0.440 9881 LSTEEL 0.455 0.020 400.9 0.450 7.43 — 58.3
6.705 6.060 6.300 6.250 4006 ORIENT 6.300 0.160 250.5 6.298 9.95 1.90 3,908.5 0.160 0.075 0.090 0.080 5068 LUSTER 0.090 0.010 1408 0.084 33.33 — 177.8
5.467 2.836 4.690 4.510 7052 PADINI 4.650 0.040 608.7 4.647 19.67 2.15 3,059.3 4.660 3.000 3.400 3.400 9199 LYSAGHT 3.400 0.040 1 3.400 7.93 2.06 141.4
40.631 32.085 34.260 34.100 3719 PANAMY 34.240 0.160 86.4 34.21 15.70 3.42 2,079.9 1.400 0.705 0.900 0.795 5098 MASTEEL 0.885 0.085 28255 0.864 5.07 — 378.1
0.650 0.390 0.400 0.395 5022 PAOS 0.400 -0.035 33.7 0.396 47.06 4.00 72.5 0.775 0.545 — — 7029 MASTER 0.580 — — — 8.03 3.45 31.7
0.585 0.265 0.330 0.330 9407 PARAGON 0.330 0.065 22.9 0.330 — — 23.1 1.407 0.993 1.110 1.090 5152 MBL 1.100 UNCH 93.6 1.097 10.22 1.82 111.2
0.401 0.200 0.240 0.225 6068 PCCS 0.240 0.020 667.5 0.235 4.98 — 50.4 0.870 0.665 — — 7004 MCEHLDG 0.695 — — — 86.88 — 30.9
0.975 0.660 0.690 0.680 5231 PELIKAN 0.680 -0.060 100.4 0.685 12.57 — 376.2 0.390 0.190 0.215 0.200 3778 MELEWAR 0.215 0.015 585.9 0.200 — — 48.5
0.707 0.561 — — 9997 PENSONI 0.580 — — — 10.02 3.45 75.2 0.789 0.550 — — 5223 MENTIGA 0.570 — — — 26.03 1.75 39.9
0.235 0.150 0.155 0.150 4081 PMCORP 0.150 UNCH 25 0.152 — — 116.0 1.837 1.600 — — 6149 METROD 1.680 — — — 8.74 3.57 201.6
0.781 0.472 0.520 0.520 5080 POHKONG 0.520 UNCH 55 0.520 6.70 1.92 213.4 1.260 0.435 0.500 0.455 5001 MIECO 0.500 0.050 4046 0.485 5.48 2.00 262.5
2.048 1.150 1.230 1.190 7088 POHUAT 1.230 0.030 255.1 1.204 5.95 5.69 286.9 0.170 0.090 0.100 0.095 7219 MINETEC 0.100 0.005 310 0.097 — — 73.2
19.380 16.169 18.560 18.380 4065 PPB 18.540 0.120 1000.2 18.46 18.23 1.62 21,979.2 0.598 0.426 0.445 0.440 5576 MINHO 0.445 0.005 13.4 0.442 8.09 1.69 97.8
0.691 0.461 — — 7190 PPG 0.470 — — — — 4.26 47.0 4.237 2.710 2.800 2.710 5916 MSC 2.800 0.030 17.1 2.745 17.70 2.86 280.0
1.623 0.550 0.655 0.610 8966 PRLEXUS 0.655 0.045 72.3 0.635 7.43 3.44 118.0 2.470 1.140 1.950 1.800 3883 MUDA 1.900 0.120 1630 1.900 9.87 1.58 579.6
1.133 0.820 0.850 0.840 7134 PWF 0.840 -0.020 60.3 0.845 7.60 4.08 145.7 1.030 0.340 0.415 0.385 5087 MYCRON 0.410 0.035 471.5 0.399 4.45 — 116.3
2.566 1.150 1.450 1.350 7237 PWROOT 1.440 0.090 649.3 1.426 16.36 7.99 475.5 0.355 0.090 0.280 0.245 5025 NWP 0.275 0.020 15564.7 0.265 — — 107.9
5.110 3.820 5.060 5.000 7084 QL 5.050 0.040 1444.6 5.044 38.26 0.65 8,193.3 1.163 0.705 0.740 0.730 4944 NYLEX 0.735 0.005 187.8 0.736 6.27 2.72 142.8
0.628 0.495 0.510 0.495 9946 REX 0.510 0.015 224 0.505 340.0 0.98 125.8 1.897 1.270 1.330 1.300 7140 OKA 1.330 0.030 42.5 1.316 8.00 4.14 217.6
1.868 0.540 0.660 0.625 0183 SALUTE 0.640 0.015 1552 0.646 15.84 3.75 248.3 1.760 0.978 1.420 1.350 5065 ORNA 1.420 0.100 444.4 1.397 6.73 2.82 106.9
1.036 0.300 0.375 0.340 5252 SASBADI 0.375 0.035 2235.6 0.362 19.23 1.79 157.2 0.130 0.043 0.085 0.070 7225 PA 0.085 0.015 20494.8 0.079 — — 144.8
0.590 0.325 0.420 0.420 5157 SAUDEE 0.420 UNCH 10 0.420 27.10 — 55.4 8.600 6.563 8.500 8.360 5183 PCHEM 8.450 -0.030 3428.9 8.455 16.39 3.20 67,600.0
0.707 0.550 0.580 0.560 7180 SERNKOU 0.560 -0.020 30 0.573 20.29 — 134.4 1.640 1.130 1.200 1.160 5271 PECCA 1.160 0.010 144.3 1.167 20.32 4.31 218.1
1.340 0.590 0.800 0.790 7165 SGB 0.800 -0.010 9.8 0.792 — — 158.8 7.901 3.450 3.550 3.550 5436 PERSTIM 3.550 -0.050 2 3.550 13.72 11.27 352.5
1.614 0.780 0.840 0.840 7412 SHH 0.840 0.025 1 0.840 — 5.95 42.0 19.276 15.638 18.220 17.860 6033 PETGAS 18.100 -0.100 273.8 18.10 19.98 3.65 35,815.0
1.034 0.480 0.510 0.495 7246 SIGN 0.505 0.010 351.1 0.503 5.98 4.95 121.4 15.060 6.092 8.850 8.620 3042 PETRONM 8.640 -0.110 431.6 8.669 5.76 2.55 2,332.8
0.830 0.380 0.420 0.420 8532 SINOTOP 0.420 -0.010 27.7 0.420 — — 165.9 1.510 1.310 — — 3611 PGLOBE 1.350 — — — 105.4 — 252.0
0.865 0.420 — — 9776 SMCAP 0.455 — — — 1.78 — 27.8 2.466 1.340 1.530 1.400 7095 PIE 1.440 0.040 876.7 1.461 11.51 1.67 553.0
0.385 0.260 — — 7943 SNC 0.280 — — — — — 18.5 5.453 1.655 4.000 3.990 7172 PMBTECH 4.000 0.050 10 3.999 29.78 1.00 320.0
2.548 2.130 2.330 2.300 7103 SPRITZER 2.300 -0.030 23.9 2.319 16.52 2.52 483.0 5.807 2.496 4.780 4.500 8869 PMETAL 4.670 0.290 17577 4.696 28.95 1.28 18,060.2
1.340 1.050 1.140 1.110 7186 SWSCAP 1.140 -0.010 11.5 1.120 19.29 0.88 166.3 0.565 0.470 — — 6637 PNEPCB 0.510 — — — 27.87 — 67.1
0.603 0.285 0.305 0.300 7082 SYF 0.305 0.010 275.4 0.301 14.66 4.92 188.9 0.995 0.305 0.495 0.455 8117 POLY 0.485 0.025 131.1 0.476 2.19 — 77.6
0.470 0.320 — — 7211 TAFI 0.320 — — — — — 25.6 0.973 0.540 0.610 0.580 8273 PPHB 0.585 -0.015 41.4 0.587 7.09 — 110.3
1.928 1.290 1.680 1.670 4405 TCHONG 1.680 UNCH 39.8 1.680 — 1.19 1,129.0 1.458 0.810 0.880 0.850 9873 PRESTAR 0.880 0.040 257.7 0.872 3.92 4.55 180.1
0.662 0.315 0.340 0.325 7200 TEKSENG 0.335 0.010 754.2 0.331 4.22 5.97 116.6 1.110 0.840 0.880 0.860 7168 PRG 0.880 0.005 24 0.863 60.69 0.57 266.5
1.140 0.800 0.930 0.915 7252 TEOSENG 0.930 0.075 115.1 0.921 80.17 1.61 279.0 0.330 0.145 0.210 0.160 7123 PWORTH 0.200 0.040 79370 0.192 22.22 — 204.7
1.455 0.935 — — 9369 TGL 0.935 — — — 8.96 5.35 38.1 1.250 0.745 — — 7544 QUALITY 0.890 — — — — — 51.6
1.020 0.510 0.640 0.640 7230 TOMEI 0.640 0.070 0.2 0.640 5.47 — 88.7 0.750 0.460 — — 7498 RALCO 0.580 — — — — — 24.3
0.490 0.365 — — 7176 TPC 0.365 — — — — — 85.3 5.870 5.310 5.860 5.860 7765 RAPID 5.860 -0.010 14.7 5.860 202.0 — 626.4
6.980 4.700 6.500 6.210 4588 UMW 6.440 0.110 397.5 6.398 — — 7,523.8 0.610 0.245 0.290 0.260 5256 REACH 0.290 0.025 986.1 0.277 — — 318.0
2.680 2.075 2.450 2.450 7757 UPA 2.450 0.090 2.1 2.450 4.99 3.27 195.0 0.655 0.285 0.305 0.300 7232 RESINTC 0.305 0.005 59.5 0.301 5.75 3.93 41.8
2.470 0.883 1.500 1.400 7203 WANGZNG 1.460 0.070 102.7 1.426 21.89 2.74 233.6 1.580 0.908 1.270 1.260 9741 ROHAS 1.270 -0.010 34.8 1.269 — 0.79 600.3
0.210 0.060 0.150 0.140 5156 XDL 0.140 UNCH 5192.6 0.141 18.18 — 189.3 0.838 0.530 0.550 0.540 7803 RUBEREX 0.550 0.010 6.5 0.541 10.13 3.18 138.7
0.665 0.430 0.595 0.580 7121 XIANLNG 0.595 0.005 508 0.588 1190 — 47.6 5.194 3.780 3.910 3.880 5134 SAB 3.880 -0.020 14 3.904 12.92 1.29 531.3
0.100 0.020 — — 5155 XINQUAN 0.055 — — — — — 26.7 8.490 5.839 6.190 6.110 9822 SAM 6.110 0.060 1 6.182 12.97 1.68 825.9
2.822 2.030 2.100 2.080 5584 YEELEE 2.090 UNCH 18.6 2.090 10.08 2.15 400.5 0.957 0.740 0.770 0.770 7811 SAPIND 0.770 UNCH 3 0.770 18.20 6.49 56.0
1.522 1.009 — — 5159 YOCB 1.030 — — — 7.42 4.85 164.8 1.237 0.510 0.550 0.530 5170 SCABLE 0.550 0.020 83 0.538 — 5.45 174.4
3.190 2.161 2.400 2.390 7178 YSPSAH 2.390 UNCH 3.1 2.397 15.89 2.93 327.7 3.356 1.370 1.620 1.500 7247 SCGM 1.590 0.150 326.7 1.578 13.17 3.77 307.8
2.111 1.370 1.480 1.430 5131 ZHULIAN 1.480 0.050 112.3 1.448 12.89 4.05 680.8 0.740 0.500 — — 9237 SCIB 0.535 — — — — — 45.9
INDUSTRIAL PRODUCTS 9.738 7.285 7.600 7.460 4731 SCIENTX 7.520 -0.030 966.8 7.512 12.88 2.13 3,676.7
1.393 0.930 1.070 1.040 0012 3A 1.060 0.030 1134.5 1.052 12.16 1.70 521.5 0.345 0.250 — — 7239 SCNWOLF 0.255 — — — 7.70 — 24.5
0.210 0.090 0.105 0.095 7086 ABLEGRP 0.100 UNCH 235.1 0.100 — — 26.4 1.660 0.530 0.585 0.575 7073 SEACERA 0.585 0.005 685.8 0.579 27.59 — 219.7
0.430 0.270 — — 7131 ACME 0.380 — — — 12.06 — 90.7 0.210 0.120 0.140 0.125 5145 SEALINK 0.140 0.010 52.1 0.129 — — 70.0
0.975 0.520 0.580 0.560 7191 ADVENTA 0.580 0.010 60.8 0.573 145.00 — 88.6 0.765 0.380 — — 5163 SEB 0.400 — — — 6.27 — 32.0
2.307 1.900 — — 9148 ADVPKG 1.920 — — — 31.22 3.13 39.4 1.410 0.549 0.840 0.820 5181 SIGGAS 0.840 0.020 100 0.832 37.17 1.43 157.5
0.220 0.125 0.135 0.130 7146 AEM 0.135 0.005 223 0.135 — — 40.4 1.040 0.600 0.600 0.600 7115 SKBSHUT 0.600 UNCH 1 0.600 8.11 — 24.0
0.580 0.375 — — 5198 AFUJIYA 0.440 — — — 12.61 — 79.2 2.350 1.209 1.630 1.570 7155 SKPRES 1.580 0.020 3749.7 1.598 14.60 2.63 1,975.3
0.580 0.310 — — 2682 AISB 0.310 — — — 6.98 — 44.8 2.168 1.000 1.000 1.000 7248 SLP 1.000 UNCH 19 1.000 16.26 4.50 317.0
0.903 0.500 0.530 0.510 7609 AJIYA 0.530 0.015 64.7 0.527 11.83 1.89 161.4 0.700 0.390 — — 7132 SMISCOR 0.475 — — — — — 21.3
0.495 0.080 0.350 0.320 9954 AKNIGHT 0.345 0.105 6.2 0.348 — — 20.1 2.580 1.247 1.870 1.720 5665 SSTEEL 1.870 0.160 904.5 1.830 5.00 1.60 810.2
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 6 Markets WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI 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)
0.300 0.150 — — 7143 STONE 0.160 — — — — — 14.4 0.480 0.180 0.210 0.190 5255 ICON 0.210 0.020 1181.2 0.199 — — 247.2
1.420 0.910 0.920 0.920 6904 SUBUR 0.920 0.005 4 0.920 — — 192.3 6.330 5.420 6.090 5.980 5225 IHH 6.030 -0.020 2274.2 6.022 53.36 0.50 49,684.8
2.128 0.770 0.785 0.785 7207 SUCCESS 0.785 0.005 3 0.785 5.87 3.18 195.1 0.885 0.600 — — 5614 ILB 0.615 — — — — — 119.9
2.918 0.995 1.290 1.210 7235 SUPERLN 1.290 0.050 567.3 1.273 11.87 2.71 206.4 0.905 0.670 0.860 0.860 5673 IPMUDA 0.860 -0.040 9.5 0.860 — — 62.3
2.920 1.646 2.690 2.540 7106 SUPERMX 2.650 0.070 3723.2 2.656 19.85 2.26 1,802.4 1.948 1.600 — — 0058 JCBNEXT 1.630 — — — 33.82 1.23 227.6
3.750 2.980 3.280 3.110 5012 TAANN 3.280 0.030 221.5 3.231 12.23 4.57 1,459.1 0.400 0.290 — — 8672 KAMDAR 0.350 — — — 15.49 — 69.3
0.415 0.250 0.280 0.270 5149 TAS 0.280 0.010 147 0.278 — — 50.4 1.862 1.440 1.450 1.450 6491 KFIMA 1.450 0.010 13.1 1.450 25.71 6.21 409.2
13.373 7.780 7.830 7.780 4448 TASEK 7.780 -0.020 4.7 7.799 960.4 5.14 961.8 0.900 0.522 0.700 0.635 0151 KGB 0.700 0.055 261.5 0.677 13.06 1.43 171.8
0.290 0.100 0.120 0.110 5178 TATGIAP 0.115 0.005 76.8 0.116 — — 19.6 1.480 0.630 — — 5035 KNUSFOR 0.700 — — — — — 69.8
1.480 0.510 0.575 0.545 7097 TAWIN 0.575 0.025 60.4 0.570 13.86 — 37.0 1.134 0.840 0.945 0.880 5878 KPJ 0.940 0.070 2047.1 0.913 25.13 1.84 4,024.9
2.150 1.010 1.100 1.090 7439 TECGUAN 1.090 0.020 42 1.092 — — 43.7 1.540 1.170 1.310 1.270 5843 KPS 1.280 -0.010 387.8 1.286 11.33 3.32 638.7
4.570 2.400 2.600 2.530 7034 TGUAN 2.580 0.070 975.6 2.566 7.22 4.65 351.6 0.880 0.485 0.585 0.530 9121 KPSCB 0.570 0.025 1026 0.568 7.20 — 84.3
2.140 1.370 1.390 1.390 7374 TIENWAH 1.390 0.020 32 1.390 — 4.32 201.2 0.205 0.090 0.115 0.100 4847 KTB 0.115 0.015 768 0.107 — — 46.3
0.750 0.550 — — 7854 TIMWELL 0.640 — — — 27.83 — 57.0 0.602 0.363 0.440 0.410 6874 KUB 0.435 0.020 5752.5 0.427 7.53 2.30 242.1
1.069 0.745 0.845 0.790 7285 TOMYPAK 0.835 0.035 2127.9 0.811 20.32 3.11 350.5 0.315 0.110 0.150 0.140 7170 LFECORP 0.150 0.020 106 0.140 — — 27.9
4.292 2.660 3.050 2.890 5010 TONGHER 3.050 0.260 122.7 2.970 8.21 12.46 480.2 0.835 0.450 0.550 0.500 8486 LIONFIB 0.550 0.015 10.9 0.541 4.01 — 127.4
10.440 4.467 10.000 9.850 7113 TOPGLOV 9.980 0.130 3254.7 9.985 32.37 1.45 12,763.9 0.890 0.585 0.665 0.640 5143 LUXCHEM 0.660 0.020 381.2 0.654 13.58 3.53 559.7
1.130 0.510 — — 7173 TOYOINK 0.710 — — — — — 76.0 0.372 0.110 0.130 0.120 5078 M&G 0.125 0.005 4177.4 0.124 — 40.00 90.5
0.230 0.155 0.165 0.155 4359 TURIYA 0.165 UNCH 47 0.155 — — 37.7 2.006 1.573 1.820 1.790 3859 MAGNUM 1.800 UNCH 321.2 1.804 12.40 7.78 2,587.9
3.410 1.622 2.830 2.500 7100 UCHITEC 2.750 0.180 1619.4 2.702 17.09 5.45 1,236.1 1.225 0.850 0.915 0.875 5264 MALAKOF 0.905 0.030 7072.5 0.897 14.57 6.85 4,525.0
4.930 1.500 1.660 1.550 7133 ULICORP 1.660 0.100 97.3 1.623 12.54 3.01 241.0 0.179 0.125 0.140 0.135 3514 MARCO 0.140 UNCH 181 0.135 10.45 3.57 147.6
1.271 0.820 0.895 0.860 7227 UMSNGB 0.895 -0.005 4 0.878 9.48 3.35 71.6 6.384 5.300 5.860 5.710 6012 MAXIS 5.840 0.050 1288.6 5.835 20.46 3.42 45,613.7
1.680 0.500 0.525 0.515 4995 VERSATL 0.515 -0.005 321.1 0.518 40.23 — 60.4 0.955 0.620 0.655 0.630 5077 MAYBULK 0.640 0.010 121.1 0.635 — — 640.0
3.219 1.725 2.280 2.140 6963 VS 2.240 0.060 10784.5 2.225 15.58 2.90 2,987.1 2.552 1.992 2.500 2.440 5983 MBMR 2.500 0.050 333.1 2.462 — 1.20 977.2
1.710 0.875 1.450 1.340 5142 WASEONG 1.450 0.080 856.8 1.423 9.90 0.34 1,123.6 1.193 0.325 0.365 0.330 4502 MEDIA 0.355 0.025 14643.3 0.346 — — 393.8
0.465 0.240 0.290 0.250 7226 WATTA 0.290 0.015 8.1 0.251 5.92 — 24.5 0.603 0.300 0.340 0.315 5090 MEDIAC 0.335 0.015 13395.6 0.331 15.02 7.46 565.2
2.300 1.724 2.270 2.270 7111 WEIDA 2.270 UNCH 21.5 2.270 17.99 1.32 302.7 0.739 0.320 0.375 0.345 7234 MESB 0.370 -0.010 24.1 0.358 — — 30.3
1.618 1.330 1.360 1.350 7231 WELLCAL 1.350 UNCH 25.2 1.352 19.26 4.58 672.2 3.978 3.100 3.500 3.150 3069 MFCB 3.480 0.300 187.3 3.290 8.64 1.44 1,429.9
1.420 0.665 1.060 0.960 7050 WONG 1.060 0.095 190.2 1.027 8.60 — 97.2 1.119 0.603 0.765 0.710 5186 MHB 0.755 0.035 1219.3 0.741 35.45 3.97 1,208.0
0.700 0.500 — — 7025 WOODLAN 0.610 — — — 145.2 — 24.4 0.290 0.135 0.160 0.145 5166 MINDA 0.160 0.010 3825.7 0.157 — — 198.4
1.980 1.830 1.880 1.860 5009 WTHORSE 1.880 -0.010 12 1.863 79.66 5.32 451.2 7.799 6.730 7.180 6.990 3816 MISC 7.180 0.050 2933 7.154 16.20 4.18 32,050.0
0.978 0.625 0.670 0.645 4243 WTK 0.670 0.020 124.1 0.657 — 2.99 322.5 2.586 1.390 1.470 1.390 2194 MMCCORP 1.400 -0.050 6434 1.425 18.92 2.86 4,263.1
1.269 0.605 0.640 0.605 7245 WZSATU 0.630 -0.010 262 0.620 12.63 3.17 219.8 0.440 0.250 0.295 0.290 0059 MMODE 0.295 0.005 143.6 0.294 — — 48.0
0.830 0.695 0.745 0.720 5048 YILAI 0.745 0.025 20.8 0.739 — — 119.2 0.080 0.040 0.055 0.050 0043 MTRONIC 0.055 UNCH 385 0.053 91.67 — 53.0
0.415 0.155 0.395 0.380 7020 YKGI 0.390 0.015 3306.3 0.387 — — 136.0 0.280 0.160 0.180 0.165 3891 MUIIND 0.175 0.010 3538.8 0.173 — — 513.2
0.692 0.275 0.310 0.300 7014 YLI 0.300 0.025 10 0.306 — 1.67 30.9 2.420 2.000 2.200 2.070 3905 MULPHA 2.110 0.020 92 2.108 1.83 — 674.4
CONSTRUCTION 3.030 1.934 2.690 2.530 0138 MYEG 2.600 -0.030 18824.6 2.615 41.60 0.65 9,376.4
1.210 0.590 0.670 0.615 5281 ADVCON 0.650 0.035 436.5 0.652 11.57 — 261.4 1.800 1.260 1.580 1.380 5275 MYNEWS 1.550 0.140 319.1 1.492 46.27 0.65 1,057.3
1.200 0.670 0.725 0.690 7078 AZRB 0.725 0.045 31.7 0.717 13.23 2.07 385.4 0.910 0.400 — — 9806 NATWIDE 0.430 — — — — — 51.7
0.570 0.300 0.325 0.305 5190 BENALEC 0.320 0.015 1264.9 0.318 45.07 1.25 259.8 0.465 0.330 0.380 0.365 7241 NGGB 0.380 0.010 1337.1 0.371 — — 174.2
0.475 0.280 0.310 0.300 5932 BPURI 0.310 0.005 255.3 0.307 26.05 — 83.7 0.828 0.535 — — 5533 OCB 0.555 — — — — 1.80 57.1
1.121 0.821 0.900 0.870 8761 BREM 0.885 0.020 9.2 0.887 7.16 1.69 305.7 0.973 0.735 0.760 0.735 0172 OCK 0.740 -0.010 1951.6 0.741 26.24 1.35 644.9
1.220 0.870 0.920 0.890 8591 CRESBLD 0.900 0.005 84.7 0.900 5.56 4.44 159.2 0.180 0.105 0.120 0.110 3018 OLYMPIA 0.120 0.005 525.2 0.115 10.62 — 122.8
2.086 1.560 1.740 1.740 7528 DKLS 1.740 0.130 2 1.740 30.26 1.72 161.3 2.020 0.860 0.975 0.925 5260 OWG 0.975 0.055 486 0.955 39.96 — 260.4
1.410 0.930 1.180 0.990 5253 ECONBHD 1.140 0.145 5771.6 1.108 17.54 1.58 1,524.8 1.280 0.380 1.280 1.240 8419 PANSAR 1.260 0.010 4350.2 1.255 48.46 0.79 388.1
1.439 0.780 0.910 0.835 8877 EKOVEST 0.895 0.060 26414.9 0.880 14.87 2.23 1,914.6 0.728 0.510 0.555 0.530 5125 PANTECH 0.555 0.030 463.1 0.541 8.95 3.60 414.5
0.992 0.635 0.720 0.685 7047 FAJAR 0.720 0.035 247.3 0.703 5.93 3.47 269.2 0.680 0.380 0.410 0.395 5657 PARKSON 0.410 0.020 274.2 0.402 — — 448.5
1.335 0.800 0.905 0.865 9261 GADANG 0.900 0.035 1815.6 0.892 5.07 3.33 595.5 1.288 1.100 1.120 1.110 5041 PBA 1.120 UNCH 21.1 1.120 9.95 3.57 371.0
5.392 4.573 5.130 5.100 5398 GAMUDA 5.130 0.010 4115 5.128 18.25 2.34 12,621.0 0.165 0.050 0.065 0.055 6254 PDZ 0.065 0.005 11516.7 0.060 — — 42.4
2.160 1.168 1.790 1.690 5226 GBGAQRS 1.780 0.090 3150.8 1.747 14.81 0.28 831.7 1.250 0.580 0.620 0.600 5133 PENERGY 0.620 0.025 61.2 0.606 — 3.23 199.5
0.920 0.380 0.445 0.420 5169 HOHUP 0.445 0.025 439 0.427 4.11 — 166.8 0.660 0.200 0.245 0.210 7108 PERDANA 0.240 0.025 5229.1 0.229 — — 186.8
1.736 1.390 1.500 1.450 6238 HSL 1.500 0.050 97.8 1.488 17.73 1.60 874.0 0.090 0.025 0.045 0.035 0047 PERISAI 0.045 0.005 26080.8 0.043 — — 56.7
3.508 2.530 2.900 2.640 3336 IJM 2.900 0.240 4660.2 2.777 18.26 2.59 10,523.2 0.420 0.170 0.240 0.230 7080 PERMAJU 0.240 0.005 221.2 0.239 — — 47.0
0.740 0.330 0.410 0.380 5268 IKHMAS 0.390 0.040 2111.2 0.391 14.34 1.28 212.7 2.070 1.470 1.780 1.640 5219 PESTECH 1.730 0.110 1995.1 1.723 14.27 — 1,322.2
0.820 0.532 0.635 0.590 8834 IREKA 0.630 -0.005 73.8 0.619 — 3.17 117.6 25.700 20.401 25.480 24.860 5681 PETDAG 25.360 0.060 701.3 25.36 22.77 2.96 25,194.0
1.840 1.250 1.470 1.430 4723 JAKS 1.430 -0.010 2472.6 1.448 5.32 — 780.7 0.250 0.030 — — 7027 PETONE 0.055 — — — 9.48 — 2.8
0.500 0.210 0.225 0.220 9083 JETSON 0.225 UNCH 49 0.224 — — 46.5 4.777 3.598 4.260 4.100 7081 PHARMA 4.180 -0.020 6.8 4.213 20.15 4.55 1,086.1
1.935 1.340 1.600 1.400 7161 KERJAYA 1.580 0.190 1656.3 1.521 14.48 1.58 1,962.3 0.125 0.030 0.035 0.035 4464 PHB 0.035 UNCH 1239.9 0.035 — — 57.0
2.430 2.000 2.180 2.020 5171 KIMLUN 2.150 0.140 32.5 2.108 9.85 3.02 689.4 0.225 0.105 0.135 0.120 7201 PICORP 0.130 0.010 2988.6 0.128 86.67 4.69 85.5
1.680 1.070 — — 9628 LEBTECH 1.070 — — — 157.3 — 146.0 0.420 0.200 — — 7163 PJBUMI 0.205 — — — — — 16.8
0.926 0.555 0.700 0.650 5129 MELATI 0.695 0.050 154.7 0.654 32.78 1.44 83.4 5.665 3.080 3.670 3.410 4634 POS 3.650 0.220 816.3 3.581 38.14 2.93 2,857.1
2.560 1.200 1.310 1.310 8192 MERCURY 1.310 0.060 2.5 1.310 4.40 9.16 52.6 2.416 1.190 1.510 1.330 5204 PRESBHD 1.470 0.090 1060 1.452 39.73 1.87 711.5
0.575 0.260 0.320 0.265 5006 MERGE 0.320 0.050 12.2 0.270 — — 21.4 2.180 0.690 0.800 0.790 8346 PRKCORP 0.800 0.030 6.8 0.797 — — 80.0
1.930 1.020 1.420 1.290 7595 MGB 1.400 0.130 747.4 1.380 15.42 — 693.7 0.844 0.650 0.700 0.660 5272 RANHILL 0.700 0.040 1018.4 0.681 7.98 11.14 621.8
1.245 0.570 0.650 0.610 9571 MITRA 0.640 0.030 1928.3 0.636 5.61 7.50 573.6 0.345 0.215 0.260 0.240 0037 RGB 0.255 0.015 5880.7 0.250 11.23 2.35 342.3
0.425 0.210 — — 5924 MTDACPI 0.235 — — — — — 54.4 1.408 0.734 0.870 0.860 5278 RHONEMA 0.870 0.010 7 0.861 10.39 2.87 144.4
1.670 0.620 0.675 0.645 5085 MUDAJYA 0.670 0.040 102 0.661 — — 405.6 0.687 0.350 0.395 0.375 8567 SALCON 0.385 0.010 567.4 0.385 — — 260.9
3.360 2.408 3.120 2.820 5703 MUHIBAH 3.100 0.280 2232.7 3.030 11.31 1.77 1,494.6 1.270 0.754 1.080 1.050 5147 SAMCHEM 1.070 -0.010 270.7 1.060 11.16 2.80 291.0
0.670 0.420 0.435 0.420 7071 OCR 0.435 UNCH 506.8 0.426 38.50 — 127.2 0.295 0.150 0.170 0.170 9113 SANBUMI 0.170 UNCH 20 0.170 — — 38.5
0.719 0.300 0.335 0.310 8311 PESONA 0.330 0.020 1593.4 0.324 11.50 6.06 229.3 2.100 0.395 0.545 0.510 5218 SAPNRG 0.535 0.020 139390 0.528 — 1.87 3,205.8
1.190 0.900 0.955 0.935 5070 PRTASCO 0.950 0.015 626.1 0.949 13.34 5.79 403.5 2.313 1.563 1.920 1.830 0099 SCICOM 1.920 0.110 194.9 1.875 16.09 4.69 682.5
0.215 0.115 0.135 0.125 7145 PSIPTEK 0.130 0.005 1775.7 0.130 10.48 — 45.3 0.403 0.100 0.120 0.105 7158 SCOMI 0.120 0.010 5463.4 0.117 — — 131.3
4.137 3.000 3.050 3.000 9598 PTARAS 3.050 0.050 13.6 3.025 29.05 6.56 503.7 0.235 0.090 0.110 0.100 7045 SCOMIES 0.110 0.010 1812.4 0.106 — — 257.6
1.050 0.460 0.490 0.460 6807 PUNCAK 0.475 UNCH 1432.6 0.476 — — 213.4 1.563 0.909 — — 7053 SEEHUP 1.270 — — — 66.49 2.13 102.1
1.390 0.680 0.985 0.935 5205 SENDAI 0.970 0.025 7398.4 0.964 8.69 — 757.7 0.730 0.598 0.645 0.640 9792 SEG 0.645 UNCH 59 0.645 19.85 5.43 815.4
2.590 1.763 2.260 2.010 5263 SUNCON 2.240 0.230 2778 2.221 21.01 3.13 2,896.1 1.750 1.120 1.510 1.490 5250 SEM 1.500 UNCH 39.2 1.500 33.26 1.53 1,850.1
0.375 0.230 — — 9717 SYCAL 0.250 — — — 31.25 — 86.8 3.658 1.727 3.230 3.020 5279 SERBADK 3.230 0.230 2602 3.177 13.58 2.11 4,743.3
0.860 0.544 0.695 0.640 5054 TRC 0.695 0.060 258.6 0.661 11.60 2.73 333.9 3.060 2.040 2.770 2.610 4197 SIME 2.740 0.130 26752 2.658 19.04 6.93 18,634.3
2.600 1.500 2.430 2.400 5622 TRIPLC 2.430 0.030 50.7 2.408 8.37 — 168.0 0.720 0.600 — — 9431 SJC 0.610 — — — — 1.64 24.7
0.825 0.460 0.470 0.465 5042 TSRCAP 0.465 -0.005 40 0.468 10.11 — 81.1 0.588 0.295 0.340 0.340 5242 SOLID 0.340 -0.010 10 0.340 28.57 1.00 133.1
0.200 0.110 0.135 0.120 7070 VIZIONE 0.135 0.010 5181.1 0.128 43.55 — 498.9 2.048 1.060 1.110 1.060 6084 STAR 1.090 0.030 300.1 1.087 10.35 11.01 805.0
1.680 0.880 0.985 0.960 3565 WCEHB 0.985 0.025 93.7 0.974 24.02 — 987.7 3.079 2.200 2.220 2.200 9865 SUIWAH 2.220 0.020 11 2.218 12.99 0.45 135.4
2.467 1.130 1.250 1.200 9679 WCT 1.220 0.010 8331.6 1.226 10.85 — 1,727.0 0.130 0.045 0.070 0.055 1201 SUMATEC 0.065 0.010 90233.7 0.062 — — 276.4
0.805 0.535 0.600 0.595 7028 ZECON 0.595 -0.010 245.3 0.598 — — 78.0 1.882 1.460 1.570 1.490 5211 SUNWAY 1.560 0.060 3554.4 1.543 11.67 3.85 7,673.8
0.180 0.085 0.105 0.100 2283 ZELAN 0.100 UNCH 5347.3 0.101 — — 84.5 2.247 1.580 1.730 1.630 6521 SURIA 1.660 0.050 15.5 1.684 9.12 4.22 478.4
TRADING SERVICES 0.335 0.210 0.265 0.225 5173 SYSCORP 0.255 0.025 10355.4 0.251 17.23 — 306.0
0.550 0.325 0.385 0.365 5238 AAX 0.385 0.020 29571.5 0.377 16.74 — 1,597.0 0.665 0.365 0.500 0.450 7228 T7GLOBAL 0.500 0.040 4966.7 0.478 100.00 — 209.7
2.487 1.450 1.820 1.770 6599 AEON 1.800 0.020 1452.6 1.789 26.24 1.67 2,527.2 1.531 0.740 0.850 0.830 8524 TALIWRK 0.830 -0.005 238.7 0.836 34.58 9.64 1,003.9
0.435 0.175 0.195 0.180 7315 AHB 0.195 0.010 765.9 0.186 2.52 — 34.3 2.638 1.550 1.800 1.700 5140 TASCO 1.800 0.100 3.4 1.747 11.29 2.50 360.0
4.750 2.790 — — 5099 AIRASIA 3.930 — — — 8.00 4.58 13,134.0 16.113 12.878 16.000 15.800 5347 TENAGA 15.900 0.020 7859.3 15.89 12.12 4.47 90,089.2
9.450 7.004 9.010 8.860 5014 AIRPORT 9.000 0.040 4068.7 8.982 91.00 1.22 14,932.7 1.404 0.829 0.840 0.830 8702 TEXCHEM 0.830 -0.010 211.8 0.834 — 12.05 103.0
0.325 0.110 0.140 0.120 5115 ALAM 0.140 0.015 6961.8 0.131 — — 129.4 0.150 0.045 0.075 0.065 7206 THHEAVY 0.075 0.005 1127.9 0.069 — — 84.1
0.125 0.070 0.090 0.080 0159 AMEDIA 0.085 0.005 1805.1 0.085 8.85 — 20.4 6.436 4.900 5.670 5.400 4863 TM 5.490 0.020 4028.4 5.593 22.16 3.92 20,631.1
8.038 6.833 7.510 7.500 6351 AMWAY 7.510 0.010 8.5 7.500 23.45 2.66 1,234.5 0.945 0.730 0.755 0.740 0101 TMCLIFE 0.750 0.010 364.4 0.749 46.88 0.23 1,302.3
2.319 2.040 — — 7083 ANALABS 2.040 — — — 12.28 0.49 122.4 1.806 0.990 1.050 1.020 8397 TNLOGIS 1.050 0.030 75.2 1.037 7.35 1.90 483.4
0.055 0.005 0.015 0.010 5194 APFT 0.010 UNCH 529.2 0.015 — — 13.4 0.935 0.455 — — 7218 TOCEAN 0.620 — — — — — 25.4
0.900 0.670 0.840 0.805 5210 ARMADA 0.840 0.035 5533.2 0.832 13.98 — 4,927.7 1.000 0.685 — — 5167 TURBO 0.770 — — — 30.43 — 83.2
0.220 0.115 0.140 0.120 1481 ASB 0.140 0.015 13352.7 0.130 — 1.79 130.1 2.679 2.270 — — 7137 UMS 2.350 — — — 17.18 2.55 95.6
2.858 1.741 1.810 1.750 6399 ASTRO 1.780 0.010 2398.4 1.777 12.03 6.74 9,280.7 0.673 0.215 0.275 0.240 5243 UMWOG 0.275 0.030 174190 0.262 — — 2,259.3
4.669 3.862 4.510 4.470 7048 ATLAN 4.500 UNCH 3 4.493 32.40 6.89 1,141.4 1.294 0.915 0.940 0.940 7091 UNIMECH 0.940 -0.005 10 0.940 8.79 3.19 123.9
0.365 0.280 0.320 0.290 8885 AVI 0.320 -0.005 115 0.295 — — 274.7 0.700 0.330 0.360 0.360 5754 UTUSAN 0.360 0.010 20 0.360 — — 39.9
1.168 0.640 0.740 0.670 7579 AWC 0.735 0.070 1403.6 0.719 9.18 2.72 200.3 1.980 1.180 1.330 1.230 7250 UZMA 1.300 0.070 630.3 1.276 15.97 — 416.0
5.820 4.497 5.320 5.240 6888 AXIATA 5.320 0.060 3491.3 5.302 52.16 1.50 48,141.2 1.240 0.600 0.915 0.810 7240 VERTICE 0.900 0.065 99.6 0.844 — — 130.7
0.630 0.320 0.370 0.355 5021 AYS 0.370 0.020 406.8 0.362 5.22 6.76 140.8 2.200 1.803 — — 5016 WARISAN 2.050 — — — 27.08 1.46 137.8
0.670 0.220 0.250 0.235 7251 BARAKAH 0.250 0.015 2406.4 0.243 — — 206.6 0.630 0.450 — — 7692 WIDETEC 0.630 — — — 19.50 — 28.2
2.415 1.782 2.280 2.140 5248 BAUTO 2.270 0.130 3453.3 2.242 25.25 3.77 2,636.2 3.974 3.052 3.500 3.460 5246 WPRTS 3.460 -0.010 2714 3.470 18.12 4.14 11,798.6
0.260 0.125 0.140 0.125 6998 BINTAI 0.140 0.010 221.9 0.130 — — 40.5 1.448 1.020 1.120 1.090 5267 XINHWA 1.120 0.010 9 1.100 21.83 0.89 241.9
6.278 5.662 5.930 5.930 5032 BIPORT 5.930 0.130 0.1 5.930 17.70 3.54 2,727.8 0.065 0.005 — — 7122 YFG 0.005 — — — — — 3.0
0.415 0.270 0.310 0.295 3395 BJCORP 0.305 0.005 12143.3 0.302 — — 1,501.7 4.400 3.041 4.150 3.850 7293 YINSON 4.150 0.270 350 4.056 15.42 1.20 4,535.8
1.889 1.356 1.730 1.710 5196 BJFOOD 1.720 UNCH 120 1.714 — 2.33 656.8 1.550 1.090 1.440 1.420 4677 YTL 1.420 -0.020 1787.3 1.428 19.56 3.52 15,493.0
0.565 0.255 0.280 0.270 4219 BJLAND 0.270 UNCH 1555.5 0.270 128.5 — 1,350.1 FINANCE
0.470 0.165 — — 6025 BJMEDIA 0.225 — — — — — 52.9 4.410 3.539 4.300 4.210 2488 ABMB 4.260 -0.040 213.1 4.262 13.14 3.76 6,594.9
2.769 2.060 2.130 2.110 1562 BJTOTO 2.120 UNCH 1155 2.123 10.84 7.08 2,864.2 14.600 11.782 12.400 12.300 5139 AEONCR 12.300 -0.100 143.9 12.31 61.19 3.48 3,059.7
0.135 0.065 0.080 0.075 7036 BORNOIL 0.075 -0.005 26409.6 0.077 46.88 — 400.5 2.888 2.193 2.410 2.360 5185 AFFIN 2.400 0.020 118.9 2.395 8.96 2.92 4,663.1
0.755 0.240 0.375 0.335 9474 BRAHIMS 0.360 0.010 3519.4 0.362 — — 85.1 15.458 10.980 11.140 10.980 1163 ALLIANZ 11.000 -0.080 24.3 11.02 6.65 1.09 1,933.8
3.005 2.430 2.570 2.530 2771 BSTEAD 2.560 0.030 160.5 2.542 11.23 4.30 5,189.1 5.485 3.610 3.950 3.700 1015 AMBANK 3.920 0.180 2251.4 3.891 9.71 4.49 11,815.6
0.620 0.280 0.310 0.285 5257 CARIMIN 0.305 0.020 304.9 0.303 — — 71.3 1.950 0.995 1.050 1.040 5088 APEX 1.050 0.010 37 1.040 15.15 4.76 224.2
2.200 1.396 1.460 1.460 5245 CARING 1.460 0.010 0.1 1.460 18.53 2.05 317.9 4.461 3.760 3.930 3.870 5258 BIMB 3.930 0.100 395.3 3.902 10.36 3.56 6,655.7
2.828 1.830 — — 2925 CCB 1.860 — — — — 2.69 187.4 7.646 5.962 7.280 6.980 1818 BURSA 7.240 0.260 1532.5 7.195 17.41 5.32 5,837.3
1.440 0.675 0.720 0.705 7117 CENTURY 0.710 0.020 687.7 0.713 18.25 2.11 279.9 7.268 5.126 7.060 7.000 1023 CIMB 7.040 0.020 15949 7.029 14.17 3.55 64,947.9
0.540 0.376 — — 7209 CHEETAH 0.380 — — — — 1.58 48.5 0.705 0.370 0.500 0.500 2143 ECM 0.500 -0.020 30 0.500 147.06 — 143.3
1.441 0.977 1.120 1.090 5273 CHINHIN 1.120 0.030 519.7 1.113 19.38 3.13 623.2 1.220 1.112 1.190 1.180 5228 ELKDESA 1.190 0.010 96 1.182 12.11 5.67 355.1
0.675 0.420 0.470 0.430 7016 CHUAN 0.470 0.050 20.1 0.430 12.91 3.83 79.3 19.847 13.154 18.700 18.560 5819 HLBANK 18.680 -0.020 530.5 18.67 16.10 2.46 40,493.0
0.150 0.065 0.075 0.070 5104 CNI 0.075 UNCH 409 0.073 — — 54.0 10.100 7.327 — — 5274 HLCAP 9.790 — — — 30.77 1.94 2,417.1
1.110 0.620 0.655 0.620 5136 COMPLET 0.650 -0.005 35 0.633 12.04 — 80.4 19.600 15.278 19.200 18.980 1082 HLFG 19.200 0.140 221.1 19.04 13.49 1.98 22,032.3
0.045 0.020 0.025 0.025 5037 COMPUGT 0.025 UNCH 1050.5 0.025 — — 58.7 1.129 0.735 0.830 0.800 3379 INSAS 0.830 0.050 687.1 0.819 3.11 1.20 575.5
2.820 2.220 2.470 2.390 5184 CYPARK 2.430 0.030 150.6 2.426 10.98 2.30 635.2 0.400 0.205 0.255 0.230 3441 JOHAN 0.255 0.020 1096.7 0.244 11.92 — 158.9
0.865 0.335 0.380 0.380 5276 DANCO 0.380 UNCH 13.7 0.380 9.74 3.95 113.2 0.690 0.520 0.585 0.565 6483 KENANGA 0.570 0.005 23.8 0.576 17.07 3.95 411.9
0.110 0.025 0.030 0.025 0091 DAYA 0.030 UNCH 4267.1 0.030 — — 61.3 17.360 16.340 16.460 16.380 8621 LPI 16.400 UNCH 47.6 16.40 20.82 3.66 6,533.5
0.920 0.535 0.790 0.735 5141 DAYANG 0.770 0.020 1106.5 0.770 — — 742.9 0.819 0.660 0.685 0.665 1198 MAA 0.675 -0.015 74.8 0.670 7.34 8.89 184.6
1.150 0.720 1.050 1.010 5132 DELEUM 1.040 0.050 412.8 1.034 12.90 4.09 417.0 3.410 2.920 — — 1058 MANULFE 2.930 — — — 21.17 3.58 592.9
0.775 0.390 0.450 0.425 7212 DESTINI 0.445 0.030 1531.3 0.439 16.73 — 514.1 10.600 8.420 10.480 10.440 1155 MAYBANK 10.480 0.020 18838.5 10.46 14.44 5.25 114,386
3.200 1.747 3.170 3.060 7277 DIALOG 3.140 0.040 17925.2 3.114 36.81 0.84 17,714.8 1.380 1.010 1.190 1.100 1171 MBSB 1.180 0.070 8194.7 1.146 16.60 2.54 7,256.9
5.233 3.790 3.890 3.790 5908 DKSH 3.820 -0.080 18 3.822 11.58 2.62 602.3 2.840 2.190 2.500 2.450 6459 MNRB 2.500 0.050 14 2.486 6.02 — 799.0
0.683 0.335 0.395 0.365 4456 DNEX 0.395 0.020 24178.1 0.382 12.19 1.27 694.1 1.850 1.210 1.350 1.300 5237 MPHBCAP 1.340 0.030 142.1 1.320 12.69 — 958.1
1.322 0.765 0.895 0.820 5216 DSONIC 0.890 0.070 2037 0.872 17.69 5.06 1,201.5 1.170 1.006 1.080 1.060 6009 P&O 1.080 UNCH 17.5 1.072 — 5.95 309.9
0.295 0.125 0.175 0.150 2097 EASTLND 0.170 0.015 4971.3 0.166 — — 41.8 24.120 19.303 23.980 23.840 1295 PBBANK 23.960 0.020 6029.8 23.94 16.91 2.55 93,016.0
0.675 0.280 0.345 0.320 5259 EATECH 0.335 0.010 770.4 0.334 — — 168.8 1.850 1.060 1.270 1.220 9296 RCECAP 1.260 0.040 498 1.252 4.91 2.38 448.6
0.930 0.210 0.665 0.605 5036 EDARAN 0.655 0.040 238.7 0.644 — — 39.3 5.610 4.710 5.300 5.170 1066 RHBBANK 5.250 0.080 944.6 5.243 10.79 2.29 21,052.7
0.290 0.115 0.135 0.120 7471 EDEN 0.135 0.015 1386.8 0.129 — — 42.0 0.708 0.495 0.550 0.515 4898 TA 0.545 0.030 1524.9 0.531 3.85 3.12 933.0
2.907 1.980 2.150 2.080 1368 EDGENTA 2.100 -0.030 793.6 2.107 12.98 6.19 1,746.4 4.080 3.170 3.400 3.400 6139 TAKAFUL 3.400 0.050 10.4 3.400 13.55 4.41 2,802.3
0.505 0.190 0.240 0.205 0064 EFFICEN 0.230 0.040 420.9 0.220 — — 163.1 1.620 0.710 0.765 0.740 5230 TUNEPRO 0.750 0.010 1947.8 0.754 12.25 6.93 563.8
0.955 0.585 — — 5081 EIG 0.600 — — — 31.09 5.00 142.3 PROPERTIES
2.051 1.440 1.450 1.440 5208 EITA 1.440 -0.010 278.4 1.449 11.29 3.47 187.2 0.824 0.645 0.685 0.660 1007 AMPROP 0.670 0.005 54.9 0.672 3.77 4.48 408.0
1.508 0.960 1.020 1.000 5056 ENGTEX 1.000 UNCH 2031.2 1.002 6.46 1.25 443.3 0.420 0.305 0.330 0.315 1007PA AMPROP-PA 0.330 0.010 49.1 0.321 — 6.06 95.4
0.581 0.435 — — 6939 FIAMMA 0.490 — — — 9.80 3.57 259.7 1.850 1.000 1.010 1.000 5959 AMVERTON 1.010 -0.040 14 1.003 15.14 — 368.7
0.465 0.355 0.405 0.400 9318 FITTERS 0.405 0.005 249 0.401 4050 — 194.6 0.750 0.310 — — 7007 ARK 0.310 — — — 81.58 — 15.1
1.423 1.050 1.100 1.100 7210 FREIGHT 1.100 UNCH 49 1.100 9.04 4.55 204.8 0.230 0.135 0.140 0.135 4057 ASIAPAC 0.140 0.005 647.5 0.140 5.51 — 144.5
0.525 0.217 0.415 0.385 0128 FRONTKN 0.415 0.020 12304.9 0.406 14.51 1.20 437.2 7.600 5.820 6.050 6.000 2305 AYER 6.050 -0.150 7 6.014 36.64 0.83 452.9
0.295 0.150 0.180 0.180 9377 FSBM 0.180 -0.015 1 0.180 — — 25.4 0.520 0.350 0.400 0.395 6602 BCB 0.400 0.005 20 0.395 17.94 — 165.0
3.013 2.634 2.810 2.760 5209 GASMSIA 2.800 0.040 1067.4 2.789 18.47 4.59 3,595.2 0.765 0.425 0.470 0.450 6173 BDB 0.470 UNCH 2.3 0.457 — 9.57 142.8
0.820 0.465 0.525 0.485 0078 GDEX 0.525 0.040 842.7 0.512 86.07 0.48 2,941.4 0.600 0.185 0.215 0.190 9814 BERTAM 0.215 0.020 369.5 0.211 0.71 — 44.5
6.163 4.590 4.950 4.850 4715 GENM 4.950 0.010 4190.7 4.930 24.16 1.82 29,393.3 0.700 0.390 0.420 0.410 3239 BJASSET 0.415 UNCH 2098.8 0.414 7.31 — 1,061.6
9.882 8.470 8.940 8.760 3182 GENTING 8.940 0.040 1895.1 8.869 24.41 1.62 34,489.0 1.400 1.000 1.060 1.030 5738 CHHB 1.030 -0.010 7.1 1.033 — — 284.0
0.275 0.185 0.220 0.190 5079 GETS 0.220 0.030 17.5 0.192 — — 27.7 1.663 1.250 1.290 1.250 6718 CRESNDO 1.290 0.040 30 1.263 10.31 4.65 361.8
4.414 2.656 4.030 3.810 3204 GKENT 4.000 0.150 2220.4 3.949 18.12 2.38 2,253.1 1.720 1.380 1.530 1.530 5049 CVIEW 1.530 0.030 0.1 1.530 5.37 9.80 153.0
0.555 0.340 0.410 0.390 7676 GUNUNG 0.400 0.010 30.1 0.397 — — 94.5 2.375 2.000 — — 5355 DAIMAN 2.130 — — — 14.39 2.58 452.0
5.526 4.560 4.950 4.730 7668 HAIO 4.840 0.010 142.1 4.832 18.20 3.51 1,453.2 0.811 0.420 0.495 0.460 3484 DBHD 0.495 0.015 282.5 0.486 9.00 — 157.6
0.335 0.205 0.270 0.250 7253 HANDAL 0.265 UNCH 331.4 0.251 — — 42.4 0.115 0.065 0.075 0.070 7198 DPS 0.075 0.005 511.6 0.071 — — 44.1
9.980 8.700 9.840 9.700 3034 HAPSENG 9.700 -0.150 127.6 9.753 21.88 3.61 24,149.9 1.893 1.350 1.450 1.430 3417 E&O 1.450 0.010 330.8 1.439 16.69 2.07 1,923.7
0.876 0.645 0.700 0.655 2062 HARBOUR 0.665 0.005 52.2 0.671 8.49 2.26 266.3 0.325 0.265 0.305 0.295 3557 ECOFIRS 0.300 -0.005 454.1 0.300 5.86 — 240.9
4.200 3.239 — — 5008 HARISON 3.950 — — — 12.73 6.33 270.5 1.720 0.975 1.120 1.010 8206 ECOWLD 1.080 0.070 2783.7 1.071 26.87 — 3,179.9
1.910 0.721 1.480 1.450 0185 HSSEB 1.470 -0.020 620.5 1.468 32.59 0.52 728.9 0.890 0.475 — — 6076 ENCORP 0.505 — — — — — 148.4
0.195 0.050 0.105 0.095 7013 HUBLINE 0.100 UNCH 13270.3 0.100 — — 236.3 3.180 2.500 — — 8613 ENRA 2.650 — — — — — 361.0

* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
WED N E S DAY A PR I L 1 1 , 20 1 8 • 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)
1.300 0.850 0.905 0.870 6815 EUPE 0.905 0.025 30.1 0.875 37.24 — 115.8 CLOSED-END FUNDS
0.833 0.305 0.320 0.310 7249 EWEIN 0.315 UNCH 569.1 0.318 8.73 1.59 95.0 2.880 2.400 2.490 2.450 5108 ICAP 2.470 UNCH 24.5 2.465 121.67 — 345.8
1.270 0.955 1.010 0.985 5283 EWINT 1.010 0.025 204.8 0.999 — — 2,424.0 EXCHANGE TRADED FUNDS
0.617 0.450 0.455 0.455 6041 FARLIM 0.455 -0.010 17 0.455 8.15 4.40 63.8 1.153 1.105 — — 0800EA ABFMY1 1.153 — — — — 4.93 1,459.0
0.630 0.450 0.505 0.495 5020 GLOMAC 0.500 UNCH 332 0.500 58.14 5.46 400.0 2.210 1.835 1.990 1.990 0822EA CIMBA40 1.990 UNCH 3 1.990 — 3.71 5.4
0.468 0.360 0.375 0.360 9962 GMUTUAL 0.375 0.015 229 0.364 7.09 5.33 140.9 1.845 1.400 1.610 1.600 0823EA CIMBC50 1.610 0.020 63 1.605 — — 15.7
0.445 0.240 0.275 0.260 1147 GOB 0.270 0.005 294.2 0.270 — 1.85 122.8 1.935 1.750 — — 0820EA FBMKLCI-EA 1.930 — — — — 1.71 3.2
0.150 0.085 0.105 0.090 7077 GSB 0.105 0.020 190 0.096 — — 55.5 1.775 1.685 — — 0828EA GOLDETF 1.720 — — — — — 34.6
1.328 0.850 0.925 0.900 1503 GUOCO 0.905 UNCH 44.3 0.903 70.16 2.21 633.9 1.100 0.940 — — 0826EA METFAPA 1.020 — — — — — 19.4
1.430 0.829 1.270 1.260 7105 HCK 1.270 -0.010 25 1.268 64.47 — 534.9 0.940 0.820 0.834 0.834 0825EA METFSID 0.834 0.004 0.3 0.834 — 1.81 44.2
1.210 0.410 0.645 0.620 7010 HOOVER 0.640 0.010 56.1 0.628 19.81 — 25.6 1.015 0.950 0.960 0.960 0827EA METFUS50 0.960 -0.005 0.9 0.960 — — 11.3
1.113 0.440 0.480 0.470 5062 HUAYANG 0.475 0.010 173.1 0.475 15.18 8.42 167.2 1.200 1.060 1.200 1.200 0821EA MYETFDJ 1.200 0.020 3.7 1.200 — 1.99 307.6
0.648 0.450 0.515 0.475 4251 IBHD 0.490 0.025 95 0.491 6.89 3.84 494.1 1.175 1.050 1.150 1.150 0824EA MYETFID 1.150 UNCH 0.1 1.150 — 2.44 33.1
0.953 0.500 0.760 0.560 5084 IBRACO 0.760 0.175 6.2 0.701 26.86 2.63 377.3 REITS
0.890 0.595 — — 9687 IDEAL 0.665 — — — 4.67 — 73.5 0.912 0.700 0.750 0.750 4952 AHP 0.750 0.030 2 0.750 9.48 6.93 165.0
2.158 1.500 1.540 1.500 5249 IOIPG 1.500 -0.040 2754 1.515 10.62 4.00 8,259.2 1.502 1.080 1.270 1.200 5116 ALAQAR 1.250 0.090 22.5 1.238 10.75 6.16 910.3
0.580 0.245 0.280 0.260 5175 IVORY 0.280 -0.040 116.7 0.276 10.37 — 137.2 1.003 0.840 0.875 0.840 5269 ALSREIT 0.865 0.015 215.5 0.866 12.36 6.94 501.7
3.250 0.780 0.895 0.810 1589 IWCITY 0.885 0.065 10404.3 0.862 26.34 — 741.1 0.767 0.595 0.610 0.600 5120 AMFIRST 0.605 0.005 213.3 0.604 17.04 7.02 415.3
0.500 0.255 0.350 0.335 8923 JIANKUN 0.350 0.020 74 0.336 — — 58.4 0.933 0.825 0.830 0.825 5127 ARREIT 0.830 UNCH 87.1 0.830 6.41 6.60 475.8
0.130 0.080 0.090 0.080 6769 JKGLAND 0.085 UNCH 2158 0.084 9.55 2.71 193.4 1.168 1.060 1.080 1.070 5130 ATRIUM 1.080 0.010 25 1.072 14.56 6.85 131.5
0.095 0.055 0.090 0.080 3115 KBUNAI 0.085 0.010 9340.6 0.082 13.49 — 491.0 1.645 1.190 1.310 1.290 5106 AXREIT 1.300 UNCH 1172.1 1.300 13.22 5.77 1,602.0
1.100 0.805 0.865 0.865 7323 KEN 0.865 0.035 1 0.865 3.23 2.89 165.8 1.762 0.980 1.160 1.080 5180 CMMT 1.140 0.060 3139.7 1.123 14.30 7.21 2,326.3
1.310 0.930 0.965 0.935 5038 KSL 0.960 0.015 54.7 0.956 4.48 — 996.0 1.473 1.103 1.170 1.150 5121 HEKTAR 1.170 UNCH 117.3 1.162 15.29 8.16 540.5
0.260 0.160 0.175 0.165 3174 L&G 0.170 UNCH 2220.5 0.170 7.87 — 498.2 1.744 1.460 1.560 1.520 5227 IGBREIT 1.540 UNCH 435.2 1.541 15.73 6.03 5,419.0
1.300 0.950 — — 8494 LBICAP 0.960 — — — 15.12 3.13 78.4 0.930 0.685 0.735 0.715 5280 KIPREIT 0.735 0.005 85.8 0.727 11.85 7.03 371.4
1.120 0.774 0.945 0.915 5789 LBS 0.945 0.015 1210 0.934 13.25 1.93 1,465.4 8.517 6.770 7.380 7.040 5235SS KLCC 7.150 0.100 500.8 7.184 14.70 5.06 12,908.1
0.480 0.275 0.365 0.345 3573 LIENHOE 0.365 0.015 144.2 0.355 — — 132.0 1.267 0.995 1.020 1.000 5123 MQREIT 1.010 UNCH 2870.7 1.008 15.42 8.31 1,082.5
1.640 1.030 1.140 1.140 7617 MAGNA 1.140 0.010 5 1.140 28.50 — 381.8 1.711 1.320 1.420 1.400 5212 PAVREIT 1.410 -0.010 1450 1.414 17.09 5.84 4,278.6
1.590 0.980 1.170 1.090 8583 MAHSING 1.150 0.060 7404 1.145 9.16 5.65 2,791.8 1.868 1.480 1.560 1.520 5176 SUNREIT 1.550 0.020 1015 1.540 10.41 6.25 4,564.9
1.892 0.740 0.855 0.815 6181 MALTON 0.840 0.010 1700.5 0.840 4.23 2.98 443.6 1.199 1.000 1.000 1.000 5111 TWRREIT 1.000 UNCH 29 1.000 14.16 6.00 280.5
2.239 1.840 2.020 1.950 5236 MATRIX 2.010 0.090 438.7 1.994 7.22 6.14 1,510.9 1.702 1.330 1.370 1.330 5110 UOAREIT 1.350 -0.020 83 1.345 15.08 6.33 570.9
2.310 1.365 2.030 2.000 7189 MBWORLD 2.030 0.010 10.6 2.010 6.42 1.72 319.5 1.258 1.070 1.120 1.110 5109 YTLREIT 1.110 -0.010 1081.8 1.110 15.66 6.96 1,891.9
1.150 0.755 — — 5182 MCT 0.875 — — — 26.52 — 1,274.9 SPAC
0.525 0.370 0.385 0.380 5040 MEDAINC 0.380 -0.005 459.5 0.380 — — 187.2 0.720 0.715 — — 5234 CLIQ 0.720 — — — — — 454.3
0.567 0.350 0.435 0.410 1694 MENANG 0.435 0.005 8.1 0.410 43.50 — 209.1 0.480 0.445 0.465 0.465 5270 RSENA 0.465 -0.005 105 0.465 — — 465.0
0.605 0.285 0.310 0.300 8141 MJPERAK 0.310 0.010 29.3 0.308 — 6.90 79.7 0.480 0.475 — — 5241 SONA 0.475 — — — — — 670.1
2.506 1.350 1.400 1.350 6114 MKH 1.390 0.030 261.6 1.390 6.51 3.60 815.3
0.345 0.170 0.190 0.170 8893 MKLAND 0.185 0.010 452.9 0.182 12.17 — 223.3
0.215 0.075 0.095 0.080 6548 MPCORP 0.080 0.005 9.6 0.080 — — 23.0
1.519 0.855 1.050 0.985 1651 MRCB 1.040 0.045 18823.4 1.017 16.48 2.31 4,566.4
0.900 0.510 0.530
0.365 0.210 0.285
0.510
0.265
9539
3913
MUH
MUIPROP
0.525
0.285
-0.055
0.020
37.6
4936
0.521 —
0.266 89.06
—
—
29.6
217.8 Ace Market
1.630 0.940 1.000 0.960 5073 NAIM 1.000 0.050 209.1 0.972 — — 250.0 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
2.520 2.060 2.190 2.190 5827 OIB 2.190 0.120 0.1 2.190 7.73 3.20 339.1 HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
1.116 0.960 0.990 0.975 5053 OSK 0.990 0.010 172.2 0.984 5.14 5.22 2,074.3
2.007 1.545 1.910 1.840 1724 PARAMON 1.900 0.070 519.4 1.897 6.04 4.47 813.7 CONSUMER PRODUCTS
0.695 0.390 0.440 0.435 6912 PASDEC 0.440 -0.020 201.1 0.440 16.36 — 125.8 0.280 0.190 0.215 0.210 0179 BIOHLDG 0.215 0.010 2070.3 0.213 20.48 0.47 174.0
1.983 1.131 1.730 1.730 7055 PLB 1.730 0.020 1 1.730 18.44 0.46 194.4 0.265 0.095 0.105 0.095 0170 KANGER 0.100 Unch 4077.2 0.100 10.53 — 80.4
1.766 1.350 1.420 1.420 5075 PLENITU 1.420 UNCH 29.8 1.420 10.33 3.17 541.8 0.295 0.160 0.170 0.165 0182 LKL 0.170 0.010 105 0.167 113.33 2.06 72.9
0.425 0.285 0.330 0.330 2208 PTGTIN 0.330 0.020 10 0.330 — — 114.2 0.450 0.200 0.240 0.240 0148 SUNZEN 0.240 Unch 100 0.240 33.33 1.25 115.8
1.180 0.730 0.780 0.780 4596 SAPRES 0.780 -0.010 2 0.780 7.78 3.85 108.9 0.320 0.200 0.245 0.235 0197 WEGMANS 0.245 0.010 220.7 0.241 6.75 — 122.5
0.820 0.470 0.550 0.505 5207 SBCCORP 0.550 0.050 44.6 0.517 — — 129.2 0.085 0.030 0.055 0.050 0095 XINGHE 0.055 Unch 475 0.051 — — 141.5
1.012 0.805 0.820 0.805 2224 SDRED 0.820 0.010 25.4 0.814 2.56 3.05 349.4 INDUSTRIAL PRODUCTS
0.580 0.365 0.415 0.410 4286 SEAL 0.415 0.015 15 0.412 — — 100.8 0.192 0.090 0.100 0.090 0105 ASIAPLY 0.100 0.005 1353.7 0.096 58.82 5.00 43.3
2.775 2.474 2.600 2.600 6017 SHL 2.600 UNCH 4 2.600 8.18 7.12 629.5 0.130 0.065 0.075 0.070 0072 AT 0.075 0.005 313 0.073 — — 31.6
1.780 1.040 1.470 1.400 5288 SIMEPROP 1.450 0.030 3290.2 1.430 1.48 2.76 9,861.2 0.445 0.220 0.250 0.235 0163 CAREPLS 0.250 0.020 1396.2 0.245 — — 126.6
0.305 0.170 0.200 0.190 4375 SMI 0.195 0.010 147.8 0.193 1.42 — 40.9 0.330 0.150 0.155 0.155 0102 CONNECT 0.155 -0.005 46.8 0.155 43.06 — 50.9
0.816 0.560 0.580 0.570 5213 SNTORIA 0.575 -0.010 720.4 0.575 8.09 — 326.2 0.443 0.240 0.285 0.255 0190 ESAFE 0.285 0.040 199.7 0.255 114.00 — 68.6
5.363 4.140 4.220 4.160 1783 SPB 4.220 0.030 27.9 4.190 190.09 2.84 1,450.1 0.481 0.160 0.190 0.170 0100 ESCERAM 0.185 0.020 372.4 0.182 12.17 3.24 38.0
3.995 2.770 2.840 2.800 8664 SPSETIA 2.810 UNCH 5181.1 2.813 12.02 5.48 10,552.3 0.370 0.195 0.210 0.195 0175 HHGROUP 0.200 0.005 75 0.202 166.67 — 61.7
1.590 1.100 1.180 1.120 3743 SUNSURIA 1.180 -0.020 73.6 1.128 9.34 — 942.6 0.145 0.085 0.090 0.090 0160 HHHCORP 0.090 Unch 121.2 0.090 39.13 — 30.0
1.035 0.695 0.795 0.735 1538 SYMLIFE 0.735 -0.065 691.7 0.754 5.16 4.08 227.9 0.355 0.220 0.250 0.250 0188 HLT 0.250 0.005 120 0.250 — — 99.5
0.490 0.225 0.265 0.255 4022 TADMAX 0.265 0.005 558.3 0.260 — — 179.2 0.555 0.230 0.345 0.325 0162 IJACOBS 0.340 0.015 844.7 0.338 49.28 — 46.9
0.410 0.280 0.305 0.290 5158 TAGB 0.305 0.010 563.4 0.298 10.00 1.31 1,623.1 0.149 0.065 0.080 0.075 0024 JAG 0.080 0.005 4905.2 0.078 12.31 2.38 110.2
0.055 0.035 0.040 0.035 2259 TALAMT 0.040 0.005 359 0.035 — — 168.8 0.250 0.140 0.155 0.140 0025 LNGRES 0.155 0.010 725 0.147 62.00 — 37.5
1.423 0.735 0.765 0.735 5191 TAMBUN 0.750 0.015 1201.2 0.744 3.88 13.33 325.0 0.115 0.045 0.055 0.050 0070 MQTECH 0.055 0.005 1291.2 0.050 — — 22.8
0.165 0.095 0.110 0.100 2429 TANCO 0.110 UNCH 105.7 0.103 — — 73.9 0.848 0.430 0.515 0.480 0049 OCNCASH 0.515 0.045 184.5 0.504 11.68 1.55 114.8
0.305 0.175 0.190 0.185 7889 THRIVEN 0.190 0.005 21.5 0.188 316.67 — 71.6 0.610 0.220 0.230 0.230 0038 PTB 0.230 0.010 2 0.230 — — 34.6
0.085 0.020 0.030 0.020 7079 TIGER 0.025 UNCH 16670.3 0.024 — — 43.0 0.175 0.080 0.105 0.085 0133 SANICHI 0.105 0.015 972.2 0.098 — — 38.9
0.900 0.455 0.495 0.475 5239 TITIJYA 0.490 0.015 347.6 0.482 5.46 0.51 658.8 0.060 0.025 0.035 0.025 0109 SCBUILD 0.030 0.005 2732.5 0.030 25.00 — 26.5
1.036 0.845 0.880 0.870 5401 TROP 0.880 0.005 189.4 0.876 6.73 1.82 1,294.0 0.460 0.155 0.350 0.315 0001 SCOMNET 0.345 0.035 528.2 0.331 32.55 — 83.8
1.360 0.915 0.980 0.935 5148 UEMS 0.980 0.040 4374.5 0.964 15.88 — 4,446.7 0.289 0.130 0.155 0.140 0028 SCOPE 0.150 0.010 130.7 0.145 25.00 3.33 84.1
2.700 2.300 2.370 2.360 5200 UOADEV 2.360 -0.010 220.4 2.362 8.10 6.36 4,092.8 0.290 0.140 0.165 0.160 0055 SERSOL 0.165 0.005 94 0.161 137.50 — 35.5
0.525 0.210 0.235 0.230 6378 WMG 0.235 0.005 4.2 0.230 — — 100.1 0.875 0.260 0.420 0.355 0084 TECFAST 0.405 0.050 3615.9 0.390 25.96 1.38 92.4
1.100 0.905 — — 7003 Y&G 0.975 — — — 40.12 — 194.4 TECHNOLOGY
1.620 1.300 1.440 1.390 3158 YNHPROP 1.440 0.030 460.6 1.421 23.38 — 761.8 0.395 0.150 0.170 0.165 0018 ACCSOFT 0.170 0.010 340 0.168 18.48 — 355.2
1.750 1.300 1.410 1.380 7066 YONGTAI 1.400 UNCH 630.2 1.395 33.98 — 674.2 0.750 0.330 0.435 0.360 0181 AEMULUS 0.430 0.065 2835.7 0.397 23.76 — 188.7
0.640 0.460 0.480 0.460 2577 YTLLAND 0.465 -0.010 609 0.464 16.20 — 392.6 0.430 0.210 0.270 0.245 0119 APPASIA 0.260 0.020 721.7 0.258 — — 89.8
MINING 0.410 0.120 0.230 0.190 0068 ASDION 0.230 0.035 12087.8 0.213 — — 26.7
2.900 1.200 2.310 2.200 2186 KUCHAI 2.310 0.130 351.7 2.275 3.12 0.42 285.9 1.450 0.580 1.190 1.120 0098 BAHVEST 1.180 0.080 5381.6 1.157 — — 714.7
PLANTATIONS 0.644 0.355 0.430 0.395 0195 BINACOM 0.425 0.030 1999.6 0.411 — 1.18 110.5
0.280 0.180 — — 7054 AASIA 0.185 — — — — — 122.1 0.764 0.555 — — 0191 CABNET 0.595 — — — 13.11 — 77.4
19.627 17.818 18.300 18.000 1899 BKAWAN 18.300 0.300 199.3 18.00 13.03 3.28 7,977.9 0.250 0.040 0.125 0.115 0152 DGB 0.115 -0.005 21049.2 0.119 — — 83.9
8.569 8.080 8.090 8.080 5069 BLDPLNT 8.080 -0.010 7.1 8.083 19.07 0.37 755.5 0.160 0.030 0.085 0.070 0131 DGSB 0.085 0.015 17947 0.076 — — 115.2
1.750 1.437 1.750 1.690 5254 BPLANT 1.740 0.050 524.1 1.716 4.18 7.18 2,784.0 0.068 0.035 0.045 0.040 0154 EAH 0.045 0.005 30768.2 0.041 112.50 — 156.5
1.000 0.720 0.750 0.735 8982 CEPAT 0.750 0.010 97.4 0.744 8.39 2.67 238.8 0.215 0.075 0.085 0.085 0107 EDUSPEC 0.085 0.005 478 0.085 — — 85.2
8.141 7.200 7.200 7.200 1929 CHINTEK 7.200 UNCH 2 7.200 17.13 2.78 657.8 0.310 0.049 0.175 0.150 0116 FOCUS 0.155 0.010 12251.8 0.161 64.58 — 316.4
0.735 0.415 0.570 0.565 3948 DUTALND 0.570 UNCH 394.6 0.565 — — 482.3 1.750 0.820 1.340 1.280 0104 GENETEC 1.340 0.060 3 1.290 30.25 — 52.8
9.693 8.520 9.200 9.200 5029 FAREAST 9.200 UNCH 1.2 9.200 11.08 3.26 1,300.8 0.090 0.035 — — 0045 GNB 0.035 — — — — — 10.1
2.180 1.468 1.920 1.690 5222 FGV 1.900 0.170 20452.7 1.813 47.50 2.76 6,931.5 0.195 0.110 0.135 0.135 0074 GOCEAN 0.135 Unch 220 0.135 — — 39.1
11.447 9.416 10.280 9.960 2291 GENP 10.000 -0.180 87.6 10.16 23.63 1.50 8,035.3 0.100 0.040 0.045 0.045 0174 IDMENSN 0.045 0.005 60 0.045 — — 24.5
0.653 0.470 — — 7382 GLBHD 0.470 — — — 15.06 2.13 104.8 0.454 0.250 0.305 0.265 0023 IFCAMSC 0.305 0.025 2301.8 0.291 18.37 1.64 185.5
1.450 1.125 — — 2135 GOPENG 1.400 — — — 45.31 2.86 251.1 0.145 0.060 0.080 0.065 0094 INIX 0.075 0.005 2176.3 0.072 — — 19.0
0.850 0.550 0.560 0.550 7501 HARNLEN 0.550 -0.010 4 0.560 13.41 — 102.0 0.245 0.135 0.185 0.170 0010 IRIS 0.185 0.010 20774.2 0.177 — — 457.3
2.637 2.393 — — 5138 HSPLANT 2.440 — — — 14.46 4.51 1,952.0 1.450 0.432 0.735 0.710 0146 JFTECH 0.725 -0.005 260.1 0.716 20.03 1.66 152.2
3.147 2.190 2.240 2.240 2216 IJMPLNT 2.240 UNCH 163 2.240 33.68 3.13 1,972.5 1.694 0.700 1.100 0.985 0127 JHM 1.060 0.080 10233.5 1.051 18.06 0.71 591.1
0.920 0.636 0.690 0.680 2607 INCKEN 0.685 UNCH 8.1 0.685 — 1.59 288.2 0.265 0.130 0.145 0.135 0111 K1 0.145 0.010 615.1 0.139 — — 75.3
1.380 0.665 0.840 0.820 6262 INNO 0.835 -0.005 48.1 0.833 9.31 3.59 399.8 0.460 0.065 0.075 0.070 0036 KGROUP 0.075 0.005 1790.5 0.070 — — 32.1
4.810 4.166 4.740 4.650 1961 IOICORP 4.740 0.050 2812.6 4.718 20.09 2.00 29,787.3 1.280 0.350 0.645 0.595 0176 KRONO 0.630 0.035 5656.4 0.630 13.76 — 208.0
1.260 0.790 0.840 0.820 4383 JTIASA 0.830 0.015 1094.5 0.832 40.69 0.60 808.2 0.180 0.070 0.100 0.080 0017 M3TECH 0.095 0.010 5931.4 0.091 — — 55.8
25.780 23.172 25.640 25.400 2445 KLK 25.580 UNCH 694.8 25.57 28.22 1.95 27,306.8 0.690 0.230 0.400 0.375 0075 MEXTER 0.390 0.020 183.3 0.380 — — 100.7
5.000 2.982 4.100 4.100 2453 KLUANG 4.100 0.100 13 4.100 28.73 0.24 259.0 0.520 0.235 0.260 0.235 0155 MGRC 0.240 -0.025 15.2 0.240 — — 24.8
1.601 1.154 1.390 1.370 5027 KMLOONG 1.370 UNCH 132 1.375 9.29 4.38 1,281.5 1.160 0.380 0.440 0.380 0126 MICROLN 0.440 0.040 25.8 0.394 10.50 — 73.6
0.880 0.515 0.810 0.775 1996 KRETAM 0.795 0.010 5631.3 0.787 107.43 1.26 1,850.5 0.583 0.300 0.340 0.320 0112 MIKROMB 0.340 0.025 1145.5 0.329 16.50 4.41 146.5
1.750 1.350 — — 6572 KWANTAS 1.480 — — — 8.35 — 461.3 0.465 0.050 0.060 0.050 0085 MLAB 0.055 0.005 6290.1 0.055 — — 36.9
1.490 1.050 — — 4936 MALPAC 1.100 — — — — — 82.5 0.268 0.160 0.170 0.165 0034 MMAG 0.170 0.010 656.9 0.165 — — 77.4
0.929 0.715 0.770 0.725 5026 MHC 0.770 -0.005 17 0.752 8.69 1.95 151.3 1.986 0.887 1.430 1.230 0113 MMSV 1.420 0.210 827.3 1.347 10.86 1.41 231.5
2.239 1.700 — — 5047 NPC 2.000 — — — 5.31 0.50 240.0 0.130 0.055 0.070 0.060 0103 MNC 0.065 0.010 1468.7 0.063 — — 31.1
4.187 3.550 — — 2038 NSOP 3.550 — — — 40.76 1.69 249.2 0.295 0.160 0.185 0.170 0156 MPAY 0.185 0.005 1687.5 0.178 — — 131.4
0.300 0.150 0.220 0.170 1902 PINEPAC 0.210 0.030 4 0.197 — — 31.5 0.684 0.105 0.120 0.115 0092 MTOUCHE 0.120 0.005 591.1 0.120 17.39 — 61.0
1.300 0.800 — — 9695 PLS 0.800 — — — — — 261.4 1.103 0.670 0.825 0.795 0108 N2N 0.800 -0.005 2784.4 0.807 14.95 3.75 435.2
0.500 0.300 0.325 0.315 5113 RSAWIT 0.325 0.005 188.5 0.320 — — 461.0 0.110 0.025 0.035 0.025 0020 NETX 0.035 0.005 6640.4 0.030 26.92 — 85.4
4.000 3.341 — — 2542 RVIEW 3.600 — — — 14.56 2.22 233.5 0.055 0.030 0.055 0.045 0096 NEXGRAM 0.055 0.005 51835.6 0.050 — — 103.6
4.180 2.931 3.300 3.300 2569 SBAGAN 3.300 -0.030 5 3.300 35.14 0.61 218.9 0.150 0.070 0.095 0.085 0026 NOVAMSC 0.095 0.005 2697.6 0.091 — — 64.9
0.720 0.460 — — 4316 SHCHAN 0.600 — — — — — 72.0 0.642 0.325 0.360 0.330 0035 OPCOM 0.355 0.025 762.1 0.343 27.95 11.27 57.2
6.000 4.580 5.800 5.500 5285 SIMEPLT 5.800 0.280 1879 5.629 8.80 — 39,444.9 0.373 0.260 0.280 0.275 0040 OPENSYS 0.280 0.020 292.1 0.278 12.39 3.57 83.4
4.720 3.480 3.610 3.570 5126 SOP 3.600 0.030 27.5 3.603 8.59 1.39 2,055.1 0.380 0.075 0.105 0.090 0079 ORION 0.105 0.015 6500.5 0.098 — — 62.9
1.890 1.520 1.760 1.750 5135 SWKPLNT 1.760 0.010 80 1.753 — — 492.8 0.230 0.095 0.105 0.100 0123 PRIVA 0.105 0.010 357 0.102 — — 58.6
0.631 0.330 0.350 0.335 2054 TDM 0.345 0.015 282.9 0.343 25.18 1.45 572.0 0.944 0.620 0.705 0.695 0106 REXIT 0.695 0.055 25.5 0.697 15.90 4.32 131.6
1.158 0.795 0.825 0.820 5112 THPLANT 0.820 -0.010 333.2 0.820 19.71 5.61 724.8 0.430 0.235 0.270 0.250 0178 SEDANIA 0.260 0.010 425.5 0.258 45.61 3.85 58.7
1.820 1.370 1.380 1.370 9059 TSH 1.380 UNCH 100.2 1.380 16.51 1.45 1,906.9 0.190 0.065 0.095 0.070 0060 SKH 0.095 0.015 148665 0.087 — — 57.9
7.015 5.807 6.060 6.040 2593 UMCCA 6.050 UNCH 615.1 6.050 18.55 2.98 1,268.5 0.280 0.105 0.135 0.115 0169 SMTRACK 0.135 0.020 1191.5 0.128 — — 18.3
28.880 26.684 28.200 28.200 2089 UTDPLT 28.200 UNCH 2.6 28.20 15.00 1.42 5,869.4 0.343 0.140 0.160 0.150 0093 SOLUTN 0.155 0.010 341.4 0.156 5.92 6.45 47.5
HOTELS 0.360 0.120 0.210 0.205 0129 SRIDGE 0.205 -0.005 1752.1 0.206 — — 24.8
0.620 0.465 — — 5592 GCE 0.500 — — — — 4.00 98.5 0.470 0.205 0.245 0.215 0050 SYSTECH 0.245 0.020 866.3 0.237 53.26 1.22 85.2
1.000 0.675 0.735 0.705 1643 LANDMRK 0.720 0.020 214.6 0.720 — — 380.8 0.175 0.115 0.125 0.120 0132 TDEX 0.125 0.010 1000 0.124 104.17 — 67.9
0.230 0.125 0.165 0.140 1287 PMHLDG 0.165 0.010 8746.4 0.146 412.50 — 153.3 0.580 0.055 0.320 0.275 0005 UCREST 0.310 0.040 54256.1 0.301 14.83 — 143.9
5.600 4.700 5.500 5.500 5517 SHANG 5.500 UNCH 285 5.500 33.52 2.73 2,420.0 0.965 0.290 0.390 0.340 0120 VIS 0.390 0.040 915.5 0.375 10.89 0.85 65.7
TECHNOLOGY 0.165 0.060 0.075 0.065 0069 VIVOCOM 0.075 0.010 10229.9 0.070 16.67 — 254.9
0.880 0.610 — — 7031 AMTEL 0.690 — — — — — 34.0 0.155 0.090 0.120 0.100 0066 VSOLAR 0.115 0.015 1195 0.113 — — 44.4
0.420 0.180 0.210 0.195 5195 CENSOF 0.205 0.005 1318 0.204 — — 102.9 0.055 0.030 — — 0141 WINTONI 0.035 — — — — — 18.0
0.665 0.230 0.435 0.355 0051 CUSCAPI 0.435 0.080 16979.5 0.400 — — 335.8 0.275 0.120 0.155 0.145 0086 YGL 0.155 0.010 242.5 0.148 — — 36.0
0.800 0.530 0.585 0.565 7204 D&O 0.580 0.010 978 0.579 26.01 — 584.8 TRADING SERVICES
0.585 0.165 0.220 0.195 8338 DATAPRP 0.215 0.020 2427.1 0.208 — — 90.6 0.300 0.230 — — 0122 AIM 0.250 — — — — — 66.5
0.235 0.085 0.105 0.095 0029 DIGISTA 0.100 0.010 848.5 0.101 — — 65.8 0.165 0.085 0.090 0.090 0048 ANCOMLB 0.090 0.005 190 0.090 — — 42.6
1.534 1.100 1.120 1.100 5162 ECS 1.120 0.020 225.8 1.100 7.67 4.46 201.6 0.250 0.140 0.160 0.145 0187 BCMALL 0.160 0.015 462.4 0.153 12.31 — 67.4
1.670 0.975 1.140 1.060 0065 EFORCE 1.140 0.070 1519.9 1.119 74.51 1.10 472.5 0.392 0.215 — — 0011 BTECH 0.250 — — — 15.72 6.40 63.0
0.235 0.090 0.110 0.090 0150 FINTEC 0.100 0.010 18413.9 0.102 0.43 — 52.6
2.861 1.882 2.560 2.420 0090 ELSOFT 2.560 0.180 163.1 2.524 23.53 1.95 705.3
0.320 0.150 — — 0157 FOCUSP 0.190 — — — — — 31.4
1.800 1.030 1.370 1.230 0021 GHLSYS 1.370 0.150 832.4 1.328 43.77 0.36 903.4
0.759 0.430 0.530 0.490 0039 GFM 0.530 0.040 513.3 0.519 22.27 2.74 226.9
0.590 0.295 0.390 0.310 0082 GPACKET 0.390 0.080 3019.8 0.347 — — 295.9
0.880 0.570 — — 0147 INNITY 0.770 — — — 88.51 — 106.6
0.280 0.190 0.215 0.205 0056 GRANFLO 0.215 UNCH 150.9 0.213 7.82 — 103.9
0.324 0.200 0.240 0.230 0193 KAB 0.240 0.005 453 0.237 8.76 4.17 76.8
6.972 3.500 4.510 4.310 7022 GTRONIC 4.470 0.210 2272.2 4.432 24.83 1.34 1,276.7
0.310 0.130 0.155 0.135 0180 KTC 0.155 0.015 1101.4 0.149 775.00 — 79.1
0.940 0.545 0.550 0.550 5028 HTPADU 0.550 -0.030 2 0.550 — 9.09 55.7
0.350 0.130 — — 0167 MCLEAN 0.150 — — — — — 26.8
3.784 1.920 2.930 2.700 0166 INARI 2.930 0.220 14275.3 2.847 23.07 3.17 6,082.7 0.440 0.165 — — 0081 MEGASUN 0.170 — — — 9.83 — 37.3
0.435 0.110 0.140 0.120 9393 ITRONIC 0.140 0.025 13.6 0.121 — — 14.4 0.270 0.150 0.175 0.150 0153 OVERSEA 0.175 0.025 25.1 0.150 — — 43.1
0.659 0.300 0.330 0.315 5161 JCY 0.325 0.010 764.6 0.325 — 9.23 675.0 0.310 0.120 0.140 0.135 0022 PARLO 0.135 0.005 140.4 0.135 0.88 — 49.1
22.635 11.666 17.120 14.960 9334 KESM 17.020 2.220 600 16.12 15.72 0.73 732.1 0.200 0.115 0.130 0.120 0177 PASUKGB 0.130 0.010 4845.3 0.125 130.0 — 105.5
0.340 0.105 0.160 0.145 0143 KEYASIC 0.155 0.010 11282.5 0.153 — — 138.0 0.480 0.280 — — 0006 PINEAPP 0.440 — — — 66.67 — 21.3
14.410 8.080 8.600 8.190 3867 MPI 8.540 0.340 887.3 8.406 10.10 3.40 1,792.4 0.364 0.235 0.270 0.255 0171 PLABS 0.270 0.015 407.8 0.259 14.14 2.22 58.0
1.480 1.030 1.100 1.100 5011 MSNIAGA 1.100 0.070 1 1.100 11.65 4.55 66.4 0.350 0.182 0.255 0.240 0186 PTRANS 0.250 0.015 5768.3 0.246 10.82 3.40 316.8
1.327 0.455 0.605 0.565 0083 NOTION 0.605 0.040 2420.1 0.593 — 3.72 200.9 0.355 0.095 0.265 0.255 0007 PUC 0.260 0.005 66892.4 0.259 — — 391.9
0.605 0.390 0.445 0.430 9008 OMESTI 0.435 -0.020 179.5 0.436 — — 187.6 0.245 0.165 0.195 0.170 0196 QES 0.190 0.015 17526.5 0.185 7.66 — 144.1
0.375 0.225 0.280 0.265 0041 PANPAGE 0.275 0.005 7469.7 0.275 — — 73.0 0.540 0.210 0.240 0.225 0032 REDTONE 0.230 0.005 300.6 0.231 — — 174.4
3.140 1.700 2.190 1.980 7160 PENTA 2.160 0.160 4932.9 2.105 19.05 — 683.8 0.635 0.230 0.280 0.250 0173 REV 0.280 0.035 385.5 0.267 0.66 — 37.7
0.675 0.330 0.385 0.360 9075 THETA 0.380 -0.005 32.1 0.381 29.46 — 40.8 0.698 0.452 0.530 0.515 0158 SCC 0.530 0.015 59.3 0.519 11.96 5.89 74.8
0.232 0.025 0.035 0.030 0118 TRIVE 0.030 UNCH 9133.7 0.030 — — 62.2 0.275 0.170 0.180 0.180 0161 SCH 0.180 0.005 601 0.180 24.32 — 74.2
4.158 2.250 2.760 2.330 5005 UNISEM 2.730 0.360 5036 2.549 12.56 4.03 2,003.4 0.300 0.145 0.170 0.155 0117 SMRT 0.170 0.010 2370.2 0.162 0.63 — 68.7
6.880 2.192 5.640 5.270 0097 VITROX 5.460 0.180 387.8 5.520 30.90 0.64 2,567.2 0.315 0.140 0.255 0.250 0140 STERPRO 0.255 -0.010 29 0.253 — — 81.9
1.750 0.985 1.180 1.100 0008 WILLOW 1.170 0.110 192.5 1.140 15.21 1.71 290.2 0.300 0.131 0.270 0.235 0080 STRAITS 0.260 0.025 1739.1 0.253 27.96 — 95.7
INFRASTRUCTURE PROJECT COMPANIES 0.907 0.650 0.655 0.655 0089 TEXCYCL 0.655 -0.025 9 0.655 11.76 0.61 167.8
5.048 4.316 4.600 4.530 6947 DIGI 4.540 0.010 3143 4.549 23.89 4.14 35,298.5 0.230 0.125 0.145 0.125 0145 TFP 0.140 0.010 1179.9 0.136 — — 28.7
5.894 5.304 5.580 5.500 6645 LITRAK 5.500 -0.010 3.2 5.503 12.86 4.55 2,903.5 0.145 0.070 0.085 0.075 0165 XOX 0.085 0.010 6840.8 0.078 11.18 — 84.4
9.685 7.827 8.340 8.170 5031 TIMECOM 8.240 0.050 358 8.234 27.25 0.64 4,791.2 FINANCE
1.443 0.950 1.010 0.960 6742 YTLPOWR 0.980 0.025 8821.3 0.982 12.00 5.10 7,995.0 0.965 0.510 0.635 0.625 0053 OSKVI 0.630 Unch 161 0.631 3.98 7.94 124.5
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 8 Markets WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI 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
PR’M
(%)
EXPIRY
DATE
0.350 0.180 0.315 0.285 5168C7 HARTA-C7 0.315 0.045 508 6.470 5.525 6.09 06/08/2018
Main Market & Ace Market Warrants 0.250 0.150 0.245 0.230 5168C8 HARTA-C8 0.245 0.025 751.8 6.470 6.500 21.29 31/10/2018
0.165 0.060 0.155 0.135 5168C9 HARTA-C9 0.150 0.025 423 6.470 6.000 7.81 30/11/2018
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY 0.995 0.075 0.230 0.190 4324CH HENGYUAN-CH 0.210 -0.005 17582.5 8.930 8.000 17.81 29/06/2018
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE 0.620 0.045 0.145 0.120 4324CI HENGYUAN-CI 0.135 Unch 1213 8.930 7.880 18.48 29/06/2018
0.595 0.030 0.115 0.095 4324CJ HENGYUAN-CJ 0.105 Unch 1150.5 8.930 8.580 19.60 29/06/2018
0.515 0.095 0.115 0.105 70312 A50CHIN-C12 0.115 0.010 550 7.526 8.388 13.75 28/06/2018 0.850 0.045 0.105 0.095 4324CK HENGYUAN-CK 0.095 -0.005 904.3 8.930 10.500 36.73 24/07/2018
0.340 0.130 0.165 0.135 70316 A50CHIN-C16 0.165 0.035 988.8 7.526 9.129 24.58 27/09/2018 0.830 0.060 0.170 0.155 4324CL HENGYUAN-CL 0.160 Unch 4034.7 8.930 10.600 40.20 31/07/2018
1.100 0.825 1.090 0.955 70315 A50CHIN-H15 0.955 -0.135 62 7.526 8.635 33.77 27/09/2018 0.670 0.015 0.075 0.060 4324CM HENGYUAN-CM 0.065 -0.005 35349.5 8.930 12.300 47.20 25/06/2018
0.110 0.005 0.015 0.015 523810 AAX-C10 0.015 0.005 50 0.385 0.400 7.79 26/04/2018 0.350 0.030 0.075 0.060 4324CO HENGYUAN-CO 0.065 -0.005 870 8.930 18.000 114.67 31/10/2018
0.145 0.025 0.045 0.035 523811 AAX-C11 0.045 0.010 2550.5 0.385 0.380 10.39 21/06/2018 0.300 0.015 0.030 0.025 4324CP HENGYUAN-CP 0.030 Unch 1028.4 8.930 18.880 117.77 06/08/2018
0.110 0.045 0.055 0.055 523813 AAX-C13 0.055 0.010 82 0.385 0.410 20.78 06/08/2018 0.220 0.015 0.035 0.035 4324CQ HENGYUAN-CQ 0.035 Unch 210 8.930 16.880 100.78 28/09/2018
0.100 0.045 0.060 0.055 523814 AAX-C14 0.060 0.010 735 0.385 0.450 35.58 31/10/2018 0.210 0.020 0.035 0.030 4324CR HENGYUAN-CR 0.035 0.005 138.5 8.930 19.080 123.46 28/09/2018
0.070 0.035 0.045 0.040 523815 AAX-C15 0.045 0.005 75 0.385 0.450 28.57 12/09/2018 0.410 0.055 0.125 0.115 4324CS HENGYUAN-CS 0.120 0.005 210.1 8.930 18.880 130.24 31/10/2018
0.080 0.060 0.075 0.070 523816 AAX-C16 0.075 0.005 80.2 0.385 0.350 16.23 31/10/2018 0.155 0.035 0.050 0.050 4324CT HENGYUAN-CT 0.050 0.005 90.5 8.930 22.800 164.28 31/10/2018
0.310 0.145 0.165 0.155 5238WA AAX-WA 0.165 0.005 2876 0.385 0.460 62.34 08/06/2020 0.120 0.020 0.055 0.045 4324CU HENGYUAN-CU 0.050 Unch 1256 8.930 17.800 109.41 12/09/2018
0.090 0.085 0.090 0.090 2488CW ABMB-CW 0.090 Unch 40 4.260 4.300 14.67 31/10/2018 0.215 0.090 0.210 0.190 4324CV HENGYUAN-CV 0.195 -0.010 8513.9 8.930 8.880 34.38 25/10/2018
0.115 0.035 0.040 0.040 7146WA AEM-WA 0.040 0.005 100 0.135 0.250 114.81 17/12/2019 0.305 0.110 0.225 0.200 5072WB HIAPTEK-WB 0.215 0.015 3320.8 0.435 0.500 64.37 23/06/2021
0.145 0.015 0.040 0.015 5014CV AIRPORT-CV 0.040 0.010 567.5 9.000 8.800 0.89 30/04/2018 0.190 0.065 0.095 0.075 5199CA HIBISCS-CA 0.095 0.015 3632 0.825 1.000 44.24 30/11/2018
0.400 0.110 0.135 0.130 7609WA AJIYA-WA 0.130 0.015 80.1 0.530 0.920 98.11 28/08/2021 0.145 0.050 0.070 0.065 5199CB HIBISCS-CB 0.065 0.005 185.4 0.825 1.200 61.21 30/11/2018
0.295 0.030 0.055 0.040 1015C5 AMBANK-C5 0.055 0.020 734.4 3.920 4.300 13.20 28/09/2018 0.135 0.025 0.040 0.035 5199CC HIBISCS-CC 0.040 0.010 11365.8 0.825 1.400 82.79 28/09/2018
0.110 0.005 0.015 0.010 1015C6 AMBANK-C6 0.015 0.010 1874 3.920 5.200 33.99 17/08/2018 0.070 0.025 0.035 0.030 5199CD HIBISCS-CD 0.035 0.010 643.2 0.825 1.580 102.12 31/10/2018
0.095 0.010 0.025 0.015 1015C7 AMBANK-C7 0.025 0.010 514.4 3.920 5.000 29.15 30/11/2018 0.105 0.060 0.080 0.070 5199CE HIBISCS-CE 0.080 0.015 600 0.825 0.950 39.39 28/09/2018
0.095 0.070 0.095 0.080 1015C8 AMBANK-C8 0.095 0.025 72 3.920 4.500 22.07 28/09/2018 0.365 0.200 0.345 0.280 5199WC HIBISCS-WC 0.340 0.050 123130 0.825 1.000 62.42 19/03/2021
0.085 0.003 0.010 0.005 6556CF ANNJOO-CF 0.005 Unch 4846.2 1.570 4.000 156.15 30/04/2018 0.530 0.035 0.055 0.040 5169WA HOHUP-WA 0.055 0.005 750.8 0.445 0.600 47.19 21/12/2018
0.115 0.005 0.005 0.005 6556CG ANNJOO-CG 0.005 Unch 951 1.600 4.380 175.09 14/05/2018 0.225 0.135 0.195 0.195 7213WB HOVID-WB 0.195 Unch 242.1 0.335 0.180 11.94 05/06/2018
0.155 0.015 0.025 0.020 6556CH ANNJOO-CH 0.025 0.010 1818.9 3.220 4.000 28.26 24/07/2018 0.560 0.290 0.395 0.380 0185WA HSSEB-WA 0.390 Unch 425.1 1.470 1.700 42.18 15/03/2023
0.130 0.025 0.030 0.025 6556CI ANNJOO-CI 0.030 Unch 500 3.220 3.880 26.09 31/07/2018 0.055 0.010 0.015 0.010 7013WA HUBLINE-WA 0.010 -0.005 74.4 0.100 3.200 3,110 04/11/2019
0.085 0.010 0.015 0.015 6556CJ ANNJOO-CJ 0.015 0.005 300 3.220 4.080 29.97 31/07/2018 0.200 0.050 0.055 0.055 9601WD HWGB-WD 0.055 0.005 105 0.155 0.320 141.94 15/03/2021
0.160 0.035 0.055 0.040 6556CK ANNJOO-CK 0.055 0.020 294.9 3.220 4.400 42.62 28/09/2018 0.235 0.060 0.065 0.065 4251WA IBHD-WA 0.065 Unch 58 0.490 1.410 201.02 08/10/2019
0.170 0.020 0.055 0.035 6556CL ANNJOO-CL 0.050 0.020 21203 3.220 4.000 27.33 31/10/2018 0.225 0.070 0.150 0.145 5225C6 IHH-C6 0.150 -0.005 129.2 6.030 5.700 1.99 31/07/2018
0.075 0.045 0.070 0.050 6556CM ANNJOO-CM 0.070 0.025 4864.1 3.220 3.600 23.76 31/10/2018 0.105 0.010 0.030 0.030 333611 IJM-C11 0.030 0.015 113 2.900 3.300 15.60 31/07/2018
0.275 0.015 0.025 0.015 9342WA ANZO-WA 0.025 0.005 427 0.065 0.250 323.08 19/11/2019 0.105 0.020 0.035 0.025 333612 IJM-C12 0.035 0.015 85 2.900 3.100 10.52 27/07/2018
0.070 0.020 0.030 0.025 9342WC ANZO-WC 0.025 Unch 1860 0.065 0.200 246.15 18/06/2020 0.160 0.040 0.075 0.060 333613 IJM-C13 0.075 0.020 2395 2.900 3.000 11.21 24/08/2018
0.175 0.080 0.100 0.100 521031 ARMADA-C31 0.100 0.015 50 0.840 0.780 4.76 29/06/2018 0.135 0.045 0.065 0.065 333615 IJM-C15 0.065 0.010 144.6 2.900 3.200 19.31 28/09/2018
0.095 0.035 0.045 0.040 521033 ARMADA-C33 0.040 Unch 1728.8 0.840 0.800 3.81 24/07/2018 0.130 0.090 0.130 0.105 333616 IJM-C16 0.130 0.030 865.8 2.900 2.700 9.69 28/09/2018
0.080 0.050 0.055 0.055 521036 ARMADA-C36 0.055 0.005 939.8 0.840 1.000 29.52 28/09/2018 0.110 0.100 0.110 0.100 333617 IJM-C17 0.105 Unch 74 2.900 3.200 21.21 22/10/2018
0.230 0.020 0.065 0.055 0068WB ASDION-WB 0.060 Unch 6150.4 0.230 0.500 143.48 24/03/2019 0.055 0.005 0.005 0.005 3336C8 IJM-C8 0.005 Unch 100 1.375 3.580 161.82 30/04/2018
0.121 0.035 0.045 0.040 0105WA ASIAPLY-WA 0.045 0.005 233.5 0.100 0.100 45.00 13/12/2020 0.210 0.020 0.055 0.055 16610 INARI-C10 0.055 0.015 130 2.930 3.800 35.32 31/07/2018
0.075 0.035 0.045 0.040 0105WB ASIAPLY-WB 0.045 0.005 226.6 0.100 0.100 45.00 12/12/2022 0.195 0.025 0.060 0.045 16611 INARI-C11 0.060 0.020 196.4 2.930 3.200 19.45 30/08/2018
0.080 0.080 0.080 0.080 6399C7 ASTRO-C7 0.080 Unch 100 1.780 2.400 43.82 22/10/2018 0.100 0.015 0.040 0.025 16612 INARI-C12 0.035 0.010 3379.2 2.930 3.800 33.28 31/10/2018
0.730 0.200 0.300 0.235 7078WA AZRB-WA 0.300 0.070 280.1 0.725 0.700 37.93 13/05/2024 0.100 0.085 0.100 0.085 16613 INARI-C13 0.100 Unch 48.2 2.930 3.500 33.11 22/10/2018
1.110 0.180 0.870 0.780 0098WA BAHVEST-WA 0.870 0.110 5311.5 1.180 0.870 47.46 20/08/2024 0.180 0.160 0.180 0.160 16614 INARI-C14 0.180 Unch 41.4 2.930 3.200 27.65 22/10/2018
0.270 0.050 0.160 0.130 5248CT BAUTO-CT 0.150 0.045 485.8 2.270 2.100 2.42 31/07/2018 0.440 0.025 0.140 0.080 0166C4 INARI-C4 0.140 0.055 1118.8 2.930 2.500 -0.34 26/04/2018
0.090 0.055 0.075 0.065 5248CV BAUTO-CV 0.075 0.020 80 2.270 2.300 11.23 03/09/2018 0.700 0.070 0.265 0.220 0166C6 INARI-C6 0.265 0.115 123.3 2.930 2.400 0.00 30/04/2018
0.095 0.085 0.095 0.090 5258CY BIMB-CY 0.090 -0.005 153.8 3.930 4.750 30.03 31/10/2018 0.215 0.005 0.010 0.005 0166C7 INARI-C7 0.010 0.005 9052.6 2.930 3.500 20.48 14/05/2018
0.420 0.205 0.250 0.235 5258WA BIMB-WA 0.250 0.010 454.2 3.930 4.720 26.46 04/12/2023 0.400 0.045 0.120 0.085 0166C8 INARI-C8 0.115 0.035 3016.5 2.930 3.200 17.85 29/06/2018
0.145 0.045 0.055 0.045 6998WA BINTAI-WA 0.055 Unch 371.3 0.140 0.200 82.14 15/06/2020 0.490 0.070 0.160 0.120 0166C9 INARI-C9 0.160 0.040 567.5 2.930 2.800 7.85 30/08/2018
0.215 0.090 0.110 0.100 0179WA BIOHLDG-WA 0.110 0.015 1180 0.215 0.220 53.49 05/01/2022 3.000 1.300 2.100 1.920 0166WB INARI-WB 2.100 0.220 244.9 2.930 0.800 -1.02 17/02/2020
0.095 0.010 0.025 0.010 3395C5 BJCORP-C5 0.025 0.010 728.9 0.305 0.350 22.95 24/07/2018 0.115 0.025 0.040 0.040 0094WA INIX-WA 0.040 0.005 1405.2 0.075 0.100 86.67 16/11/2020
0.065 0.005 0.010 0.010 3395C7 BJCORP-C7 0.010 Unch 845.8 0.305 0.385 29.51 24/08/2018 0.545 0.185 0.240 0.210 3379WB INSAS-WB 0.240 0.020 759.8 0.830 1.000 49.40 25/02/2020
0.055 0.020 0.025 0.020 3395C8 BJCORP-C8 0.025 0.005 1410 0.305 0.360 26.23 07/09/2018 0.190 0.075 0.160 0.155 196116 IOICORP-C16 0.160 0.010 246.6 4.740 4.586 6.64 29/06/2018
0.130 0.065 0.080 0.065 3395WB BJCORP-WB 0.080 0.015 1552.3 0.305 1.000 254.10 22/04/2022 0.175 0.130 0.150 0.140 196117 IOICORP-C17 0.150 0.005 69 4.740 4.783 9.55 24/08/2018
0.155 0.080 0.100 0.085 3395WC BJCORP-WC 0.100 0.015 1946.1 0.305 1.000 260.66 29/05/2026 0.105 0.020 0.035 0.025 7183WA IRETEX-WA 0.035 0.005 4155.9 0.160 0.800 421.88 10/06/2019
0.370 0.200 0.230 0.230 7187WA BKOON-WA 0.230 Unch 400 0.435 0.200 -1.15 07/07/2023 0.063 0.015 0.020 0.015 0024WA JAG-WA 0.020 0.005 2247.7 0.080 0.100 50.00 14/08/2019
0.065 0.020 0.030 0.025 7036WC BORNOIL-WC 0.025 -0.005 16415.3 0.075 0.070 26.67 08/11/2025 0.045 0.015 0.025 0.020 0024WB JAG-WB 0.025 0.005 1538.6 0.080 0.150 118.75 15/11/2020
0.065 0.030 0.035 0.030 7036WD BORNOIL-WD 0.035 Unch 3035.1 0.075 0.070 40.00 29/05/2027 0.170 0.030 0.035 0.035 9083WB JETSON-WB 0.035 0.005 40 0.225 0.750 248.89 06/02/2019
0.135 0.029 0.050 0.045 9938WB BRIGHT-WB 0.050 0.015 50 0.205 0.650 241.46 12/01/2019 0.075 0.010 0.010 0.010 4383CQ JTIASA-CQ 0.010 Unch 50 0.830 1.200 46.39 06/08/2018
0.260 0.055 0.170 0.120 181814 BURSA-C14 0.155 0.035 688.5 7.240 6.667 0.65 29/06/2018 0.180 0.045 0.055 0.050 0170WA KANGER-WA 0.055 0.005 175 0.100 0.100 55.00 13/04/2020
0.205 0.100 0.125 0.100 181816 BURSA-C16 0.125 0.025 150 7.240 7.867 15.56 28/09/2018 0.110 0.015 0.015 0.015 524710 KAREX-C10 0.015 Unch 114 0.795 1.350 73.58 28/09/2018
0.220 0.055 0.065 0.055 5195WB CENSOF-WB 0.065 0.010 298.1 0.205 0.460 156.10 07/10/2019 0.040 0.015 0.030 0.025 3115WC KBUNAI-WC 0.030 0.005 5852.9 0.085 0.131 89.41 20/10/2023
0.350 0.140 0.245 0.235 102330 CIMB-C30 0.245 0.015 631.6 7.040 6.700 6.31 29/06/2018 0.160 0.015 0.040 0.025 7161CH KERJAYA-CH 0.040 0.020 1106 1.580 1.955 28.54 24/07/2018
0.190 0.115 0.135 0.135 102331 CIMB-C31 0.135 Unch 40 7.040 7.000 10.94 21/09/2018 0.160 0.085 0.150 0.100 7161CI KERJAYA-CI 0.145 0.050 2589.1 1.580 1.480 12.03 25/10/2018
0.160 0.110 0.120 0.115 102332 CIMB-C32 0.115 Unch 200 7.040 7.900 20.38 28/09/2018 0.460 0.200 0.280 0.250 7161WB KERJAYA-WB 0.260 0.020 2597.9 1.580 1.600 17.72 28/02/2023
0.185 0.145 0.170 0.165 102333 CIMB-C33 0.170 0.005 848.6 7.040 6.800 11.08 31/10/2018 0.140 0.005 0.005 0.005 0036WA KGROUP-WA 0.005 Unch 196.8 0.075 0.400 440.00 02/07/2018
0.110 0.080 0.090 0.090 102334 CIMB-C34 0.090 0.005 200 7.040 8.800 29.86 31/10/2018 0.105 0.040 0.055 0.050 7164WB KNM-WB 0.055 0.005 623.3 0.210 1.000 402.38 21/04/2020
0.205 0.080 0.120 0.115 285210 CMSB-C10 0.120 0.005 526 3.940 3.800 10.15 21/09/2018 0.095 0.050 0.060 0.055 7017WB KOMARK-WB 0.060 0.005 400 0.190 0.230 52.63 21/01/2020
0.190 0.085 0.110 0.105 285211 CMSB-C11 0.110 Unch 106.6 3.940 4.100 18.02 28/09/2018 0.260 0.105 0.105 0.105 7153CW KOSSAN-CW 0.105 -0.005 130 7.600 8.000 14.24 24/08/2018
0.095 0.050 0.085 0.080 285212 CMSB-C12 0.085 0.005 371.6 3.940 4.500 23.92 25/10/2018 0.430 0.080 0.130 0.105 5878WB KPJ-WB 0.120 0.010 438.1 0.940 1.010 20.21 23/01/2019
0.025 0.010 0.015 0.010 7179WB DBE-WB 0.015 Unch 793 0.035 0.050 85.71 22/01/2022 0.145 0.005 0.020 0.005 5284CG LCTITAN-CG 0.015 0.005 5253.4 6.390 6.500 3.13 30/04/2018
0.220 0.060 0.135 0.110 3484WA DBHD-WA 0.135 0.025 76.2 0.495 0.580 44.44 27/11/2020 0.095 0.035 0.035 0.035 5068WA LUSTER-WA 0.035 Unch 3249.8 0.090 0.100 50.00 03/06/2022
0.205 0.095 0.205 0.185 727721 DIALOG-C21 0.205 0.015 159.8 3.140 2.800 2.23 14/05/2018 0.095 0.035 0.040 0.040 5068WB LUSTER-WB 0.040 Unch 100 0.090 0.100 55.56 26/05/2023
0.215 0.060 0.200 0.175 727725 DIALOG-C25 0.200 0.020 1679.4 3.140 2.900 6.37 31/07/2018 0.090 0.030 0.050 0.040 0017WA M3TECH-WA 0.045 0.005 6861 0.095 0.100 52.63 21/08/2019
0.185 0.115 0.185 0.180 727726 DIALOG-C26 0.185 0.010 56.6 3.140 2.780 6.21 28/09/2018 0.075 0.005 0.015 0.010 858312 MAHSING-C12 0.015 0.005 953.1 1.150 1.550 37.39 31/07/2018
0.190 0.055 0.185 0.165 727727 DIALOG-C27 0.185 0.025 70 3.140 2.850 5.49 17/08/2018 0.070 0.005 0.010 0.005 858313 MAHSING-C13 0.010 0.005 3696.5 1.150 1.600 40.87 25/06/2018
0.355 0.215 0.355 0.325 727728 DIALOG-C28 0.355 0.035 1084.4 3.140 2.750 4.54 31/12/2018 0.045 0.025 0.040 0.040 858314 MAHSING-C14 0.040 0.005 449.9 1.150 1.300 21.74 28/09/2018
0.240 0.165 0.230 0.215 727729 DIALOG-C29 0.225 0.010 210 3.140 2.550 4.86 31/10/2018 0.090 0.085 0.090 0.085 858315 MAHSING-C15 0.085 Unch 38 1.150 1.200 25.63 22/10/2018
0.160 0.015 0.030 0.025 694721 DIGI-C21 0.030 0.010 129.7 4.420 5.000 14.14 31/07/2018 0.155 0.070 0.085 0.075 8583WC MAHSING-WC 0.080 0.005 2215.4 1.150 2.100 89.57 21/02/2020
0.370 0.100 0.140 0.130 4456WD DNEX-WD 0.140 0.010 15109.4 0.395 0.500 62.03 30/07/2021 0.090 0.060 0.070 0.070 526410 MALAKOFC10 0.070 0.010 1079 0.905 0.970 22.65 28/09/2018
0.280 0.080 0.150 0.145 7114WA DNONCE-WA 0.145 -0.005 185 0.315 0.250 25.40 25/11/2020 0.055 0.005 0.005 0.005 5264C6 MALAKOF-C6 0.005 Unch 100 0.292 1.200 313.53 29/06/2018
0.095 0.025 0.035 0.035 5265WA DOLPHIN-WA 0.035 0.010 150.1 0.105 0.800 695.24 29/03/2021 0.180 0.105 0.125 0.115 5264C7 MALAKOF-C7 0.120 0.010 864.6 0.905 0.850 13.81 28/09/2018
0.550 0.095 0.360 0.325 161942 DRBHCOMC42 0.360 0.040 71 2.360 1.650 0.42 31/05/2018 0.100 0.025 0.035 0.025 5264C8 MALAKOF-C8 0.035 0.010 1503.8 0.905 1.000 14.36 31/10/2018
0.380 0.135 0.260 0.225 161946 DRBHCOMC46 0.260 0.030 256.6 2.360 1.650 2.97 27/07/2018 0.090 0.065 0.070 0.065 5264C9 MALAKOF-C9 0.065 -0.015 122.4 0.905 1.000 24.86 13/08/2018
0.280 0.100 0.170 0.150 161947 DRBHCOMC47 0.170 0.020 1288.8 2.360 2.400 21.14 28/09/2018 0.990 0.040 0.070 0.055 6181WB MALTON-WB 0.065 0.005 7622.2 0.840 1.000 26.79 29/06/2018
0.300 0.065 0.125 0.100 161948 DRBHCOMC48 0.120 0.015 3396 2.360 2.200 11.02 21/09/2018 0.125 0.085 0.115 0.115 6012C6 MAXIS-C6 0.115 0.005 110.6 5.840 5.880 10.53 25/10/2018
0.215 0.070 0.110 0.100 161949 DRBHCOMC49 0.110 0.010 704.2 2.360 3.000 41.10 31/10/2018 0.015 0.005 0.005 0.005 5189WA MAXWELL-WA 0.005 Unch 6588 0.020 0.400 1,925 24/03/2020
0.160 0.035 0.060 0.050 161950 DRBHCOMC50 0.060 0.010 376.6 2.360 2.800 26.27 25/07/2018 0.525 0.125 0.420 0.420 115534 MAYBANKC34 0.420 Unch 40.8 10.480 9.250 -1.72 30/08/2018
0.270 0.050 0.125 0.110 161951 DRBHCOMC51 0.125 0.025 491.5 2.360 2.500 16.53 31/10/2018 0.260 0.085 0.125 0.115 115538 MAYBANKC38 0.125 0.005 1221 10.480 10.500 2.58 30/11/2018
0.250 0.075 0.125 0.115 161952 DRBHCOMC52 0.125 0.025 125.4 2.360 2.600 26.06 06/08/2018 0.135 0.090 0.105 0.100 115539 MAYBANKC39 0.105 Unch 479.6 10.480 11.500 14.24 31/10/2018
0.200 0.055 0.100 0.090 161953 DRBHCOMC53 0.095 0.005 905.1 2.360 2.500 22.03 28/09/2018 0.160 0.045 0.070 0.065 117110 MBSB-C10 0.070 0.015 230 1.180 1.300 16.10 30/11/2018
0.155 0.040 0.065 0.060 161954 DRBHCOMC54 0.065 0.010 184.2 2.360 3.100 41.00 13/08/2018 0.090 0.090 0.090 0.090 117111 MBSB-C11 0.090 Unch 80 1.180 1.200 24.58 22/10/2018
0.165 0.050 0.090 0.080 161955 DRBHCOMC55 0.090 0.015 878.4 2.360 3.500 59.75 31/10/2018 0.150 0.015 0.045 0.035 1171C4 MBSB-C4 0.045 0.015 1279.4 1.180 1.250 9.75 29/06/2018
0.080 0.005 0.005 0.005 5216C3 DSONIC-C3 0.005 Unch 50 0.890 1.280 44.94 29/06/2018 0.105 0.025 0.045 0.035 1171C5 MBSB-C5 0.045 0.015 2733 1.180 1.050 0.42 30/04/2018
0.100 0.005 0.015 0.010 5216C5 DSONIC-C5 0.015 0.005 201.6 0.890 1.290 48.31 31/07/2018 0.065 0.005 0.005 0.005 1171C6 MBSB-C6 0.005 Unch 802.6 0.550 1.400 156.36 14/05/2018
0.020 0.010 0.020 0.020 5216C7 DSONIC-C7 0.020 0.005 500 0.890 1.250 44.94 12/09/2018 0.260 0.090 0.165 0.120 1171C7 MBSB-C7 0.165 0.050 2258.4 1.180 1.100 7.20 28/09/2018
0.033 0.005 0.015 0.010 0154WC EAH-WC 0.010 0.005 4000.2 0.045 0.070 77.78 18/06/2019 0.110 0.040 0.055 0.055 1171C8 MBSB-C8 0.055 0.010 100 1.180 1.200 11.02 31/07/2018
0.030 0.015 0.020 0.015 0154WD EAH-WD 0.020 Unch 2982.9 0.045 0.050 55.56 25/10/2022 0.090 0.040 0.060 0.045 1171C9 MBSB-C9 0.060 0.010 7303.5 1.180 1.450 38.14 31/10/2018
0.155 0.005 0.030 0.030 5253CE ECONBHD-CE 0.030 0.025 125 1.140 1.160 5.96 30/04/2018 0.199 0.040 0.055 0.050 1694WB MENANG-WB 0.055 Unch 58.4 0.435 0.550 39.08 09/07/2019
0.140 0.020 0.045 0.030 5253CI ECONBHD-CI 0.040 0.015 776 1.140 1.340 22.88 24/07/2018 0.310 0.080 0.100 0.095 7234WA MESB-WA 0.100 Unch 61.5 0.370 0.300 8.11 27/12/2022
0.085 0.015 0.040 0.020 5253CJ ECONBHD-CJ 0.035 0.015 1748.9 1.140 1.550 40.88 28/09/2018 2.330 1.480 1.750 1.640 3069WA MFCB-WA 1.700 0.050 44.5 3.480 2.220 12.64 08/04/2020
0.150 0.085 0.150 0.090 5253CK ECONBHD-CK 0.135 0.045 1648.8 1.140 1.050 13.42 31/10/2018 0.100 0.005 0.005 0.005 5186C5 MHB-C5 0.005 Unch 454.4 0.755 0.900 20.53 14/05/2018
0.110 0.090 0.110 0.090 5253CL ECONBHD-CL 0.100 Unch 166 1.140 1.200 31.58 22/10/2018 0.120 0.020 0.035 0.020 5186C8 MHB-C8 0.035 0.015 19430.2 0.755 0.920 31.13 24/08/2018
0.590 0.160 0.235 0.190 5253WA ECONBHD-WA 0.220 0.025 4044.4 1.140 1.250 28.95 02/01/2023 0.080 0.015 0.025 0.025 5186C9 MHB-C9 0.025 0.010 72 0.755 1.000 42.38 25/06/2018
0.590 0.250 0.300 0.280 8206WA ECOWLD-WA 0.290 0.005 123.5 1.080 2.080 119.44 26/03/2022 0.200 0.155 0.175 0.160 381617 MISC-C17 0.175 0.005 267.5 7.180 6.750 3.76 25/10/2018
0.095 0.010 0.015 0.015 0107WA EDUSPEC-WA 0.015 Unch 100 0.085 0.180 129.41 24/12/2018 0.070 0.020 0.025 0.020 0085WB MLAB-WB 0.025 Unch 1680 0.055 0.150 218.18 10/09/2020
1.360 0.650 0.820 0.730 0065WA EFORCE-WA 0.810 0.075 448 1.140 0.340 0.88 17/07/2019 0.085 0.045 0.050 0.045 0034WB MMAG-WB 0.050 0.005 286 0.170 0.200 47.06 27/11/2022
0.515 0.190 0.215 0.205 8907WC EG-WC 0.215 0.005 223.6 0.510 0.500 40.20 03/11/2020 0.265 0.010 0.015 0.015 2194C8 MMCCORP-C8 0.015 Unch 2182.5 1.400 2.000 44.46 31/07/2018
0.080 0.010 0.020 0.020 8877CE EKOVEST-CE 0.020 0.010 715 0.895 1.200 39.22 29/06/2018 0.075 0.020 0.020 0.020 2194C9 MMCCORP-C9 0.020 -0.010 140 1.400 2.100 53.57 13/08/2018
0.175 0.030 0.060 0.040 8877CF EKOVEST-CF 0.050 0.015 2894.4 0.895 1.000 22.35 29/06/2018 0.055 0.025 0.030 0.030 0103WA MNC-WA 0.030 0.005 466 0.065 0.100 100.00 05/11/2021
0.090 0.015 0.020 0.015 8877CG EKOVEST-CG 0.020 0.005 5908 0.895 1.100 29.16 24/07/2018 0.110 0.005 0.005 0.005 3867CH MPI-CH 0.005 Unch 1982 4.310 13.500 214.73 29/06/2018
0.110 0.010 0.015 0.010 8877CI EKOVEST-CI 0.015 0.005 9381 0.895 1.200 37.43 11/06/2018 0.140 0.110 0.130 0.120 3867CI MPI-CI 0.130 0.020 940 8.540 8.500 17.80 25/10/2018
0.085 0.040 0.060 0.055 8877CJ EKOVEST-CJ 0.055 0.010 80 0.895 1.100 41.34 13/08/2018 0.060 0.020 0.025 0.025 0070WA MQTECH-WA 0.025 Unch 1554.2 0.055 0.100 127.27 21/11/2021
0.095 0.050 0.065 0.055 8877CL EKOVEST-CL 0.060 0.010 230.4 0.895 0.980 26.26 25/10/2018 0.285 0.030 0.085 0.060 165126 MRCB-C26 0.080 0.015 1696.8 1.040 1.056 9.92 29/06/2018
0.110 0.045 0.065 0.055 8877CM EKOVEST-CM 0.065 0.010 2107.8 0.895 1.050 34.75 31/10/2018 0.115 0.020 0.045 0.035 165127 MRCB-C27 0.040 0.005 677.8 1.040 1.300 34.62 28/09/2018
1.150 0.405 0.490 0.445 8877WB EKOVEST-WB 0.490 0.060 2003.7 0.895 0.480 8.38 25/06/2019 0.095 0.020 0.050 0.045 165129 MRCB-C29 0.045 -0.005 769.4 1.040 1.300 30.41 30/11/2018
0.420 0.175 0.200 0.190 5283WA EWINT-WA 0.200 0.015 992.4 1.010 1.450 63.37 02/04/2022 0.075 0.035 0.065 0.060 165130 MRCB-C30 0.065 0.005 9600.3 1.040 1.000 16.78 31/10/2018
0.570 0.260 0.300 0.290 7047WB FAJAR-WB 0.290 0.020 175.7 0.720 0.700 37.50 24/09/2019 0.118 0.010 0.020 0.015 1651WA MRCB-WA 0.020 Unch 964.2 1.040 1.680 63.46 14/09/2018
0.255 0.030 0.220 0.215 06503K FBMKLCI-C3K 0.220 0.010 165 1,860 1,750 -0.05 29/06/2018 0.440 0.295 0.350 0.330 1651WB MRCB-WB 0.345 0.005 2213.9 1.040 1.250 53.37 29/10/2027
0.150 0.055 0.115 0.115 06503N FBMKLCI-C3N 0.115 0.020 300 1,860 1,830 1.43 31/07/2018 0.175 0.070 0.130 0.080 5703CF MUHIBAH-CF 0.130 0.055 594.8 3.100 3.450 19.68 24/08/2018
0.170 0.005 0.030 0.020 06504L FBMKLCI-H4L 0.020 -0.005 1241.1 917.5 1,740 90.72 31/05/2018 0.115 0.065 0.095 0.075 5703CH MUHIBAH-CH 0.090 0.025 599.2 3.100 3.700 30.97 28/09/2018
0.205 0.025 0.085 0.075 06504M FBMKLCI-H4M 0.075 -0.005 4073.8 1,860 1,750 -3.95 29/06/2018 0.090 0.060 0.090 0.085 5703CI MUHIBAH-CI 0.090 0.030 64 3.100 3.300 16.61 28/09/2018
0.215 0.065 0.160 0.120 06504P FBMKLCI-H4P 0.125 -0.030 7550.8 1,860 1,830 1.70 31/07/2018 0.450 0.090 0.310 0.280 13825 MYEG-C25 0.280 -0.010 131.5 2.600 2.000 1.15 29/06/2018
0.215 0.105 0.175 0.150 06504Q FBMKLCI-H4Q 0.155 -0.020 1758.9 1,860 1,850 3.58 30/08/2018 0.235 0.090 0.175 0.160 13827 MYEG-C27 0.160 -0.040 80.5 2.600 2.300 6.92 24/07/2018
0.395 0.280 0.320 0.280 06504R FBMKLCI-H4R 0.280 -0.065 338 1,860 1,760 -2.41 30/08/2018 0.325 0.090 0.205 0.165 13828 MYEG-C28 0.180 -0.010 3249.7 2.600 2.550 11.92 25/09/2018
0.575 0.450 0.485 0.455 06504S FBMKLCI-H4S 0.455 -0.030 969.5 1,860 1,840 3.76 30/08/2018 0.470 0.090 0.315 0.270 13829 MYEG-C29 0.305 0.005 230 2.600 2.200 5.14 28/09/2018
0.265 0.145 0.215 0.185 06504T FBMKLCI-H4T 0.190 -0.025 1493.4 1,860 1,875 5.86 28/09/2018 0.365 0.175 0.265 0.260 13830 MYEG-C30 0.260 -0.045 542.4 2.600 2.100 5.77 27/07/2018
0.165 0.010 0.035 0.015 522238 FGV-C38 0.035 0.025 2332.5 1.900 1.850 1.97 19/04/2018 0.300 0.130 0.195 0.160 13831 MYEG-C31 0.175 -0.005 9854.7 2.600 2.500 12.98 28/09/2018
0.315 0.065 0.145 0.080 522239 FGV-C39 0.140 0.055 5490.2 1.900 1.750 5.00 31/07/2018 0.260 0.100 0.150 0.120 13832 MYEG-C32 0.135 -0.005 9547 2.600 2.800 23.27 28/09/2018
0.135 0.010 0.035 0.015 522240 FGV-C40 0.035 0.015 3025.8 1.900 2.200 20.03 29/06/2018 0.320 0.100 0.185 0.150 13833 MYEG-C33 0.165 Unch 1951.2 2.600 2.500 8.85 31/10/2018
0.190 0.030 0.085 0.035 522241 FGV-C41 0.085 0.050 9978.1 1.900 2.000 15.11 25/06/2018 0.215 0.140 0.160 0.140 13834 MYEG-C34 0.145 -0.005 438.4 2.600 2.700 20.58 06/08/2018
0.215 0.045 0.115 0.080 522242 FGV-C42 0.115 0.035 3431.2 1.900 1.900 16.34 28/09/2018 0.125 0.050 0.075 0.070 13835 MYEG-C35 0.070 -0.005 726.8 1.040 2.650 188.46 28/09/2018
0.185 0.055 0.080 0.060 522243 FGV-C43 0.080 0.020 980.2 1.900 2.000 15.79 21/09/2018 0.160 0.080 0.095 0.080 13836 MYEG-C36 0.085 -0.010 243 1.040 2.800 197.84 25/10/2018
0.080 0.020 0.055 0.025 522244 FGV-C44 0.055 0.035 1675.1 1.900 2.300 29.16 25/07/2018 0.240 0.155 0.165 0.155 4707CA NESTLE-CA 0.165 Unch 246.7 150.0 160.0 12.10 31/12/2018
0.095 0.040 0.040 0.040 522245 FGV-C45 0.040 Unch 47.6 1.900 2.200 24.21 28/09/2018 0.065 0.010 0.015 0.010 0020WB NETX-WB 0.015 Unch 853 0.035 0.050 85.71 08/06/2019
0.145 0.060 0.095 0.065 522247 FGV-C47 0.095 0.025 2293.4 1.900 2.450 40.95 31/10/2018 0.160 0.055 0.075 0.070 7241WA NGGB-WA 0.075 0.005 180 0.380 0.600 77.63 18/10/2020
0.145 0.035 0.095 0.055 522248 FGV-C48 0.095 0.040 9398.1 1.900 2.100 20.53 30/11/2018 0.305 0.225 0.280 0.245 0083WC NOTION-WC 0.275 0.035 978.7 0.605 0.840 84.30 14/03/2023
0.155 0.100 0.155 0.110 522249 FGV-C49 0.150 0.035 5532 1.900 1.650 10.53 31/10/2018 0.415 0.180 0.190 0.180 0172WA OCK-WA 0.185 Unch 1186 0.740 0.710 20.95 15/12/2020
0.110 0.025 0.035 0.030 0150WA FINTEC-WA 0.035 0.005 910 0.100 0.300 235.00 19/04/2024 0.270 0.020 0.025 0.020 9008WB OMESTI-WB 0.025 0.005 108 0.435 0.500 20.69 30/05/2018
0.105 0.030 0.045 0.040 0150WB FINTEC-WB 0.045 0.005 667 0.100 0.150 95.00 03/12/2022 0.095 0.040 0.055 0.050 0079WA ORION-WA 0.055 0.005 6646.4 0.105 0.170 114.29 26/07/2022
0.130 0.025 0.055 0.045 9318WB FITTERS-WB 0.055 Unch 130.2 0.405 1.000 160.49 12/10/2019 0.290 0.045 0.100 0.100 7052CN PADINI-CN 0.100 0.015 40 4.650 4.500 5.38 29/06/2018
0.715 0.225 0.320 0.290 9261WB GADANG-WB 0.315 0.030 950.7 0.900 1.060 52.78 29/11/2021 0.200 0.045 0.070 0.065 7052CR PADINI-CR 0.065 Unch 82.4 4.650 5.350 23.44 24/08/2018
0.120 0.010 0.025 0.020 539839 GAMUDA-C39 0.020 Unch 860.4 5.130 5.350 5.46 31/05/2018 0.080 0.060 0.080 0.075 7052CS PADINI-CS 0.080 0.010 180.6 4.650 5.600 30.75 31/10/2018
0.165 0.090 0.115 0.115 539842 GAMUDA-C42 0.115 Unch 40.8 5.130 4.800 4.78 27/07/2018 0.300 0.120 0.155 0.140 5125WA PANTECH-WA 0.155 0.015 124 0.555 0.500 18.02 21/12/2020
0.230 0.120 0.170 0.160 539843 GAMUDA-C43 0.170 0.005 339.7 5.130 5.000 9.06 31/07/2018 0.095 0.020 0.055 0.045 7225WB PA-WB 0.055 0.010 26186.9 0.085 0.060 35.29 17/12/2022
0.125 0.100 0.115 0.110 539845 GAMUDA-C45 0.110 -0.005 44.6 5.130 5.150 13.26 30/11/2018 0.415 0.055 0.400 0.400 129516 PBBANK-C16 0.400 0.010 152 23.960 20.800 0.17 30/04/2018
0.225 0.095 0.140 0.140 539847 GAMUDA-C47 0.140 0.015 560 5.130 5.000 5.65 31/12/2018 0.265 0.230 0.240 0.240 129521 PBBANK-C21 0.240 Unch 40 23.959 23.000 2.51 31/12/2018
1.430 1.000 1.130 1.110 5398WE GAMUDA-WE 1.120 -0.010 496.5 5.130 4.050 0.78 06/03/2021 0.150 0.010 0.080 0.070 6068WA PCCS-WA 0.080 0.010 115.9 0.240 0.600 183.33 25/12/2022
0.770 0.180 0.480 0.360 5226WA GBGAQRS-WA 0.460 0.100 11912.1 1.780 1.300 -1.12 20/07/2018 0.430 0.130 0.430 0.430 518313 PCHEM-C13 0.430 Unch 76.8 8.450 7.000 0.65 31/05/2018
0.075 0.020 0.020 0.020 0078CJ GDEX-CJ 0.020 Unch 55 0.525 0.700 37.90 31/07/2018 0.265 0.140 0.255 0.250 518314 PCHEM-C14 0.250 Unch 83.4 8.450 7.300 1.18 29/06/2018
0.250 0.030 0.045 0.040 471530 GENM-C30 0.045 -0.005 283.2 4.950 6.000 23.48 31/07/2018 0.150 0.075 0.120 0.120 518315 PCHEM-C15 0.120 -0.005 182.4 8.450 8.000 1.78 14/05/2018
0.250 0.065 0.090 0.085 471532 GENM-C32 0.085 0.005 146.2 4.950 5.100 9.90 27/07/2018 0.190 0.140 0.170 0.170 518316 PCHEM-C16 0.170 -0.020 121.6 8.450 8.200 7.10 25/07/2018
0.135 0.030 0.040 0.040 471533 GENM-C33 0.040 Unch 169 4.950 6.000 23.64 31/10/2018 0.140 0.100 0.125 0.120 518317 PCHEM-C17 0.125 -0.010 227.2 8.450 8.800 12.28 24/08/2018
0.135 0.010 0.025 0.020 318246 GENTINGC46 0.025 0.005 260 8.940 9.850 11.58 31/07/2018 0.225 0.120 0.200 0.195 518318 PCHEM-C18 0.200 -0.025 172.8 8.450 8.000 2.96 30/11/2018
0.130 0.050 0.065 0.065 318248 GENTINGC48 0.065 0.010 106.8 8.940 9.800 15.44 25/09/2018 0.130 0.095 0.120 0.115 518319 PCHEM-C19 0.115 -0.010 627.8 8.450 9.300 17.54 28/09/2018
1.950 0.735 0.935 0.845 3182WA GENTING-WA 0.935 0.085 914.5 8.940 7.960 -0.50 18/12/2018 0.050 0.025 0.030 0.025 6254WB PDZ-WB 0.025 -0.005 24668.2 0.065 0.100 92.31 29/01/2023
0.310 0.090 0.230 0.230 3204CA GKENT-CA 0.230 0.035 60 4.000 2.880 0.75 31/05/2018 0.105 0.005 0.010 0.010 5219CC PESTECH-CC 0.010 0.005 200 1.730 2.000 17.05 14/05/2018
0.335 0.100 0.200 0.195 3204CB GKENT-CB 0.200 0.095 67.1 4.000 3.180 -0.50 31/05/2018 0.160 0.065 0.095 0.085 5681CT PETDAG-CT 0.090 Unch 200.1 25.360 26.000 6.78 11/06/2018
0.210 0.050 0.115 0.115 3204CD GKENT-CD 0.115 0.065 50 4.000 3.700 4.00 31/05/2018 0.155 0.095 0.120 0.115 5681CU PETDAG-CU 0.120 Unch 207.2 25.360 26.800 11.36 24/08/2018
0.255 0.055 0.145 0.105 3204CE GKENT-CE 0.140 0.035 2090.5 4.000 3.700 6.50 06/08/2018 0.250 0.050 0.125 0.125 6033CP PETGAS-CP 0.125 -0.005 100 18.100 18.000 5.32 31/07/2018
0.275 0.105 0.185 0.160 3204CF GKENT-CF 0.185 0.030 460.8 4.000 4.280 25.50 31/10/2018 0.200 0.100 0.190 0.180 6033CQ PETGAS-CQ 0.180 -0.020 155.9 18.100 17.000 5.86 24/08/2018
0.205 0.050 0.075 0.050 1147WA GOB-WA 0.075 0.010 58.2 0.270 0.800 224.07 24/12/2019 0.455 0.015 0.045 0.045 3042CI PETRONM-CI 0.045 -0.005 120 8.640 11.100 33.68 29/06/2018
0.085 0.020 0.030 0.025 0074WA GOCEAN-WA 0.030 Unch 250.1 0.135 0.340 174.07 07/08/2019 0.290 0.005 0.015 0.010 3042CK PETRONM-CK 0.010 -0.005 1375.6 8.640 12.500 46.41 11/06/2018
0.055 0.025 0.025 0.025 7096WA GPA-WA 0.025 -0.005 81.2 0.090 0.100 38.89 03/06/2025 0.155 0.015 0.025 0.025 3042CL PETRONM-CL 0.025 -0.005 160 8.640 15.800 87.64 21/09/2018
0.145 0.005 0.025 0.010 7022CM GTRONIC-CM 0.020 0.010 8540.5 4.470 6.600 51.45 24/07/2018 0.170 0.020 0.030 0.025 3042CM PETRONM-CM 0.025 -0.005 721.2 8.640 14.500 71.30 31/10/2018
0.035 0.010 0.025 0.015 7022CN GTRONIC-CN 0.020 0.005 3386.8 4.470 6.200 42.28 28/09/2018 0.515 0.080 0.245 0.195 8869C1 PMETAL-C1 0.225 0.050 4307 4.670 3.800 0.64 29/06/2018
0.165 0.055 0.155 0.155 3034CW HAPSENG-CW 0.155 0.005 50 9.700 10.000 7.89 30/11/2018 0.125 0.110 0.125 0.110 886910 PMETAL-C10 0.120 Unch 3688.4 4.670 6.000 38.45 22/10/2018
0.915 0.180 0.910 0.890 5168C2 HARTA-C2 0.910 0.045 80 6.470 3.725 -0.23 21/06/2018 0.355 0.080 0.175 0.150 8869C2 PMETAL-C2 0.175 0.060 769.4 4.670 4.100 6.53 29/06/2018
0.490 0.240 0.490 0.445 5168C5 HARTA-C5 0.490 0.060 284.6 6.470 5.000 1.89 25/06/2018 0.330 0.020 0.115 0.065 8869C3 PMETAL-C3 0.105 0.055 7990.4 4.670 4.300 3.32 14/05/2018
0.230 0.110 0.230 0.200 5168C6 HARTA-C6 0.225 0.025 625.1 6.470 6.000 10.12 24/08/2018 0.305 0.020 0.105 0.060 8869C4 PMETAL-C4 0.085 0.025 189.9 4.670 5.000 14.35 29/06/2018
WED N E S DAY A PR I L 1 1 , 20 1 8 • 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

Australia/New Zealand — Australian
shares end higher on Xi’s speech,
resources firms; NZ up
SYDNEY: Australia shares rose yesterday
as a combination of higher metal prices
and comments from China’s president Xi
Jinping, seen as calming trade tensions
with the US, drove up resources stocks
and financials.
Risker assets, including regional
equities and US stock futures, rallied after
Xi promised to open the country’s markets
further, lower import tariffs on products
including cars and protect intellectual
property of foreign firms.
At the closing bell, the S&P/ASX 200
Index gained 0.83% or 48.3 points to 5,857.
It rose 0.4% on Monday.
A de-escalation in the trade dispute
between the US and China, Australia’s
biggest export market and a key revenue
earner for its resources, would be seen
as beneficial to local stocks. The Australia
dollar, a liquid proxy for China plays, also
advanced on the day.
Material stocks gained after Shanghai
aluminium prices touched their highest
in more than a month after US sanctions
being imposed on Russian aluminium major
United Company Rusal led to concerns
about the metal’s supply.
The Shanghai Futures Exchange’s most-
traded May aluminium contract climbed as
much as 1.5%, while the most-traded iron
ore for September delivery on the Dalian
Commodity Exchange gained 3%.
“There are issues with aluminium
markets, specifically with the Russian
supply side and that is a short-term spike,
but overall, I think that will have some
effect,” said Mathan Somasundaram, a
market portfolio strategist at Blue Ocean
Equities.
Global miner BHP closed 0.8% higher,
while Rio Tinto gained 2.8%.
Bauxite miner and refiner Alumina Ltd
climbed 2% to its highest close in seven
years. Australia’s mining index rose for a
third straight session, ending up 1.6%.
Westpac Banking Corp contributed the
most to the benchmark’s performance,
rising 1.5%. Fellow lender Commonwealth
Bank of Australia firmed 1.1% and the
financial index made a strong contribution
of a 1.1% gain to the broader market.
Healthcare stocks fell yesterday, after
making the biggest contribution to the
market on the previous day.
“The healthcare stocks were overvalued,
on the concept that currency will fall, but
everyone has got into that substantially
crowded trading, so that’s unwinding,” added
Blue Ocean Equities’ Somasundaram.
Across the Tasman Sea, New Zealand’s
benchmark S&P/NZX 50 Index rose 0.2%
or 15.64 points to 8,469.77, helped by
utilities and industrials.
Ryman Healthcare Ltd gained 1.9%,
while Contact Energy Ltd tacked on 1.7%.
US — Wall Street rises but pares gains
late after report of FBI raid
NEW YORK: Wall Street’s major indices
rose on Monday as a softer stance by US
policymakers on China tariffs powered a
rebound from last week’s sell-off, but stocks
pared much of their gains late in the session
after a report that the US Federal Bureau
of Investigation (FBI) raided the office of
US President Donald Trump’s lawyer.
Technology and health stocks led the
benchmark S&P 500 Index’s major sectors.
Merck and Co Inc was the biggest boost to
the Dow Jones Industrial Average, while
gains in Apple shares led the Nasdaq Index.
Stocks climbed after Trump’s new
economic adviser Larry Kudlow told CNBC
that the president may be open to forming
an international coalition to grapple with
trade issues involving China.
Investors could be looking for further
signs of China’s stance on trade relations
when Chinese President Xi Jinping spoke
at the Boao Forum economic conference
yesterday.
But stocks began paring gains late
in the afternoon, a downward trend that
accelerated after a report that the FBI
had raided the New York office of Michael
Cohen, Trump’s personal lawyer, upon a
referral by Special Counsel Robert Mueller.
“Even if it ultimately ends up being nothing,
the initial reaction is almost always negative
in the market,” said Randy Frederick, vice
president of trading and derivatives for
Charles Schwab in Austin, Texas.
Investors were looking forward to the
start of the earnings season to provide a
sustained lift to US stocks, with big banks,
such as JPMorgan Chase, Citigroup and
Wells Fargo, set to report first-quarter
results on Friday.
Analysts expect quarterly profits for S&P
500 companies to rise 18.5% from a year
ago, which would be the biggest gain in
seven years, according to Thomson Reuters.
The Dow rose 46.34 points or 0.19 % to
23,979.1; the S&P 500 gained 8.69 points
or 0.33% to 2,613.16; and the Nasdaq
Composite added 35.23 points or 0.51%
to 6,950.34.
AveXis Inc rose 81.6% after Swiss
drugmaker Novartis offered to buy the
gene therapy company for US$8.7 billion.
Merck shares rose 5.2% after the
drugmaker’s blockbuster cancer drug,
Keytruda, met the main study goal of
helping previously untreated lung cancer
patients live longer.
Shares in Leucadia National Corp jumped
11.6% after the company said it would sell
most of its non-financial assets to focus on
investment banking and advisory services.
The US dollar-yen rate rose 0.2% to
¥107.01 after going as high as ¥107.245.
Against a broader basket of currencies,
the greenback was trading at a two-week
low at 89.63. It has fallen nearly 1% in the
last three trading sessions. — Reuters

ASX 200 Shanghai Composite Dow Jones Euro STOXX 50 Index

Index points Index points Index points Index points
6300.0 5800 27500 3900
3,190.32
+52.03
4825 (+1.66%) 23025
5587.5 3415
2,772.70

4875.0 3850 18550 2930

10,403.79
5,857.00 3,087.842
4162.5
+48.30 2875 14075 23,979.10 2445 3,414.85
(+0.83%) +46.34 +6.75
4,686.53 (+0.19%) (+0.20%)
3450.0 1900 9600 1960
Mar 1, 2010 Apr 10, 2018 Mar 1, 2010 Apr 10, 2018 Mar 1, 2010 Apr 9, 2018 Mar 1, 2010 Apr 9, 2018

Bursa Malaysia Equity Derivatives YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE
Main Market & Ace Market Warrants 0.180 0.050 0.125 0.100 710637 SUPERMX-C37 0.110 0.005 8833.1 2.650 2.650 12.45 17/08/2018
0.190 0.075 0.130 0.125 710638 SUPERMX-C38 0.125 0.015 357.4 2.650 2.650 14.15 03/09/2018
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY 0.135 0.075 0.110 0.105 710639 SUPERMX-C39 0.105 0.020 100 2.650 2.880 21.75 25/10/2018
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE 0.120 0.040 0.110 0.095 710640 SUPERMX-C40 0.105 0.020 1046.6 2.650 3.000 21.13 31/12/2018
0.125 0.080 0.125 0.110 710641 SUPERMX-C41 0.120 0.015 230 2.650 3.000 26.79 31/10/2018
0.255 0.015 0.070 0.045 8869C5 PMETAL-C5 0.065 0.025 732.4 4.670 5.350 20.82 24/07/2018 0.205 0.025 0.045 0.040 7082WB SYF-WB 0.045 0.005 512.4 0.305 0.700 144.26 11/11/2019
0.300 0.025 0.110 0.085 8869C6 PMETAL-C6 0.110 0.040 16966.8 4.670 5.000 16.49 28/09/2018 0.365 0.100 0.140 0.100 1538WB SYMLIFE-WB 0.110 -0.030 301 0.735 1.100 64.63 11/11/2020
0.225 0.030 0.075 0.060 8869C7 PMETAL-C7 0.070 0.015 17227 4.670 6.300 40.90 28/09/2018 0.295 0.020 0.025 0.020 8524WB TALIWRK-WB 0.020 -0.005 89.5 0.830 1.700 107.23 11/11/2018
0.155 0.030 0.100 0.050 8869C8 PMETAL-C8 0.065 0.025 1218.8 4.670 6.000 34.05 30/11/2018 0.475 0.160 0.190 0.185 7200WA TEKSENG-WA 0.185 Unch 64.1 0.335 0.250 29.85 29/01/2020
0.110 0.020 0.055 0.050 8869C9 PMETAL-C9 0.055 0.025 341.6 4.670 6.200 38.06 12/09/2018 0.365 0.050 0.295 0.280 534739 TENAGA-C39 0.285 0.015 424 15.899 14.600 0.79 29/06/2018
0.965 0.220 0.585 0.510 8869CT PMETAL-CT 0.585 0.105 72 4.670 2.900 -0.32 30/04/2018 0.165 0.055 0.115 0.110 534740 TENAGA-C40 0.110 Unch 43.4 15.900 16.000 7.55 24/07/2018
5.380 2.200 4.340 3.970 8869WC PMETAL-WC 4.280 0.320 252.9 4.670 0.390 0.00 22/08/2019 0.160 0.040 0.055 0.040 0145WA TFP-WA 0.055 0.015 1624 0.140 0.100 10.71 15/02/2019
0.255 0.005 0.010 0.005 463412 POS-C12 0.010 0.005 2916.1 3.650 5.450 50.68 21/06/2018 3.080 1.000 1.190 1.110 7034WA TGUAN-WA 1.190 0.100 75.5 2.580 1.500 4.26 09/10/2019
0.120 0.005 0.010 0.010 463414 POS-C14 0.010 0.005 1176.4 3.650 5.400 49.59 30/08/2018 0.055 0.040 0.045 0.040 5031CP TIMECOM-CP 0.040 -0.005 342.8 8.240 9.600 20.39 24/08/2018
0.135 0.025 0.040 0.035 463415 POS-C15 0.040 0.005 267.1 3.650 4.900 39.18 30/11/2018 0.063 0.003 0.020 0.015 486320 TM-C20 0.015 Unch 1255.8 2.870 6.400 124.04 31/05/2018
0.080 0.005 0.010 0.010 463416 POS-C16 0.010 Unch 1755 3.650 6.000 65.75 03/09/2018 0.270 0.125 0.145 0.140 0101WB TMCLIFE-WB 0.145 0.005 169.4 0.750 0.750 19.33 21/06/2019
0.105 0.065 0.095 0.085 463419 POS-C19 0.095 0.020 724.4 3.650 3.800 23.63 31/10/2018 0.810 0.095 0.105 0.100 8397WC TNLOGIS-WC 0.105 Unch 107 1.050 1.000 5.24 26/12/2018
0.135 0.115 0.135 0.115 463420 POS-C20 0.125 Unch 71 3.650 4.100 25.62 22/10/2018 0.485 0.290 0.340 0.320 7285WA TOMYPAK-WA 0.340 Unch 96 0.835 0.930 52.10 21/06/2021
0.145 0.060 0.070 0.060 7145WA PSIPTEK-WA 0.070 0.010 476.1 0.130 0.100 30.77 16/11/2019 0.700 0.090 0.600 0.595 711320 TOPGLOV-C20 0.595 Unch 95.2 9.980 5.800 -0.15 30/04/2018
0.215 0.095 0.120 0.105 0186WA PTRANS-WA 0.115 0.005 6995.8 0.250 0.235 40.00 19/09/2020 0.685 0.155 0.610 0.600 711326 TOPGLOV-C26 0.605 0.005 380.2 9.980 7.000 0.45 11/06/2018
0.260 0.050 0.175 0.165 0007WA PUC-WA 0.170 0.005 3422 0.260 0.100 3.85 25/12/2024 0.290 0.180 0.230 0.230 711328 TOPGLOV-C28 0.230 Unch 187.8 9.980 10.000 16.33 30/08/2018
0.245 0.045 0.160 0.150 0007WB PUC-WB 0.150 -0.005 8361.7 0.260 0.100 -3.85 15/02/2019 0.320 0.135 0.255 0.245 711329 TOPGLOV-C29 0.255 0.015 766.8 9.980 9.150 7.01 31/10/2018
0.150 0.065 0.085 0.075 5256WA REACH-WA 0.080 Unch 4754.1 0.290 0.750 186.21 12/08/2022 0.290 0.165 0.240 0.235 711330 TOPGLOV-C30 0.235 Unch 130 9.980 9.000 9.02 06/08/2018
0.085 0.020 0.035 0.030 5270WA RSENA-WA 0.030 -0.005 1609.5 0.465 0.500 13.98 01/12/2023 0.185 0.130 0.155 0.150 711331 TOPGLOV-C31 0.150 Unch 380 9.980 10.500 17.23 12/09/2018
0.170 0.015 0.035 0.025 521858 SAPNRGC58 0.035 0.005 758.6 0.535 0.880 75.61 30/08/2018 0.325 0.275 0.290 0.280 711332 TOPGLOV-C32 0.290 0.005 171 9.980 8.800 11.42 09/11/2018
0.175 0.020 0.035 0.025 521859 SAPNRGC59 0.035 0.005 615.1 0.535 0.800 59.35 21/09/2018 0.060 0.015 0.020 0.015 0118WB TRIVE-WB 0.020 Unch 162 0.030 0.090 266.67 28/08/2020
0.175 0.025 0.045 0.030 521860 SAPNRGC60 0.040 0.010 3234.6 0.535 0.800 57.01 31/10/2018 0.355 0.100 0.110 0.100 5401WA TROP-WA 0.110 -0.005 228.4 0.880 1.000 26.14 06/12/2019
0.110 0.015 0.020 0.020 521861 SAPNRGC61 0.020 -0.005 115 0.535 0.900 75.70 28/09/2018 0.085 0.045 0.085 0.080 7100CB UCHITEC-CB 0.085 0.035 81.4 2.750 3.500 39.64 06/08/2018
0.060 0.005 0.015 0.010 521863 SAPNRGC63 0.010 -0.005 517 0.535 1.000 90.65 17/08/2018 0.125 0.015 0.060 0.035 7100CC UCHITEC-CC 0.060 0.030 1151.6 2.750 3.300 26.55 28/09/2018
0.105 0.065 0.085 0.075 521864 SAPNRGC64 0.085 0.010 43176 0.535 0.500 25.23 31/10/2018 0.160 0.015 0.020 0.015 514852 UEMS-C52 0.020 0.005 3235.8 0.980 1.100 14.80 31/05/2018
0.025 0.010 0.010 0.010 0109WB SCBUILD-WB 0.010 Unch 793 0.030 0.050 100.00 06/11/2019 0.070 0.050 0.060 0.055 514857 UEMS-C57 0.060 0.005 726 0.980 1.010 18.37 31/10/2018
0.605 0.160 0.220 0.205 7247WA SCGM-WA 0.210 -0.010 100 1.590 3.960 162.26 31/07/2020 0.270 0.015 0.155 0.105 4588C2 UMW-C2 0.155 0.055 350.3 6.440 5.700 0.54 30/04/2018
0.180 0.080 0.095 0.080 0161WA SCH-WA 0.095 0.010 312.1 0.180 0.100 8.33 04/12/2021 0.070 0.020 0.040 0.030 524321 UMWOG-C21 0.040 0.010 408 0.275 0.420 74.55 28/09/2018
0.200 0.120 0.130 0.120 4731CE SCIENTX-CE 0.120 -0.005 526.8 7.520 9.200 30.32 31/10/2018 0.055 0.020 0.030 0.025 524322 UMWOG-C22 0.030 0.005 380 0.275 0.370 50.91 12/09/2018
0.125 0.045 0.060 0.055 7158WB SCOMI-WB 0.055 0.005 579.3 0.120 0.210 120.83 18/02/2023 0.270 0.090 0.140 0.115 5243WA UMWOG-WA 0.140 0.020 17547.2 0.275 0.395 94.55 18/10/2024
0.505 0.120 0.355 0.315 5279CC SERBADK-CC 0.355 0.075 165.6 3.230 2.150 -0.46 26/04/2018 0.195 0.030 0.040 0.030 7091WA UNIMECH-WA 0.040 Unch 1714.3 0.940 1.500 63.83 18/09/2018
0.215 0.095 0.130 0.130 5279CF SERBADK-CF 0.130 0.025 50 3.230 2.580 4.02 31/07/2018 0.110 0.005 0.015 0.005 5005C2 UNISEM-C2 0.015 0.010 4185.5 2.730 3.650 35.90 27/07/2018
0.180 0.075 0.115 0.115 5279CG SERBADK-CG 0.115 0.040 50 3.230 2.880 10.53 31/07/2018 0.095 0.025 0.035 0.030 5005C3 UNISEM-C3 0.035 0.010 200 2.730 3.300 26.01 13/08/2018
0.240 0.075 0.125 0.090 5279CH SERBADK-CH 0.090 Unch 312.7 3.230 2.900 0.93 11/06/2018 0.065 0.035 0.055 0.045 5005C5 UNISEM-C5 0.050 0.015 309 2.730 3.150 22.71 12/09/2018
0.250 0.080 0.125 0.100 5279CI SERBADK-CI 0.120 0.025 354.7 3.230 3.400 18.27 31/07/2018 0.100 0.045 0.080 0.055 5005C6 UNISEM-C6 0.080 0.025 2327 2.730 3.000 23.08 28/09/2018
0.200 0.075 0.110 0.105 5279CJ SERBADK-CJ 0.110 0.025 83.8 3.230 3.600 23.37 13/08/2018 0.200 0.005 0.005 0.005 5005CZ UNISEM-CZ 0.005 Unch 981 1.295 3.800 194.59 31/05/2018
0.130 0.060 0.090 0.075 5279CK SERBADK-CK 0.085 0.020 112.6 3.230 4.000 34.37 28/09/2018 0.335 0.100 0.170 0.120 0120WB VIS-WB 0.145 0.030 70 0.390 0.750 129.49 16/11/2022
0.350 0.090 0.110 0.100 7246WA SIGN-WA 0.110 0.020 113 0.505 0.970 113.86 21/04/2021 0.425 0.205 0.205 0.205 0097CF VITROX-CF 0.205 Unch 50 5.460 4.550 2.11 29/06/2018
0.410 0.085 0.275 0.230 419716 SIME-C16 0.265 0.035 2125.9 2.740 2.500 10.58 31/07/2018 0.250 0.065 0.100 0.090 0097CH VITROX-CH 0.095 0.015 310.6 5.460 6.500 29.49 31/07/2018
0.180 0.030 0.075 0.050 419719 SIME-C19 0.065 0.025 255 2.740 3.000 14.23 31/10/2018 0.145 0.040 0.065 0.055 0097CJ VITROX-CJ 0.060 0.020 353 5.460 7.000 35.90 17/08/2018
0.335 0.155 0.170 0.160 419720 SIME-C20 0.170 0.010 84.4 2.740 3.000 21.90 06/08/2018 0.070 0.005 0.005 0.005 0069WB VIVOCOM-WB 0.005 Unch 600 0.075 0.200 173.33 07/09/2018
0.095 0.030 0.045 0.040 419721 SIME-C21 0.045 0.010 2380 2.740 3.100 17.24 17/08/2018 0.110 0.015 0.030 0.025 0069WC VIVOCOM-WC 0.030 0.005 2140.8 0.075 0.100 73.33 22/01/2020
0.130 0.075 0.090 0.085 419722 SIME-C22 0.090 0.010 400.8 2.740 3.200 26.64 28/09/2018 0.110 0.020 0.030 0.030 0069WD VIVOCOM-WD 0.030 Unch 410 0.075 0.100 73.33 08/07/2020
0.180 0.120 0.125 0.125 5285CC SIMEPLT-CC 0.125 Unch 240 5.800 6.000 10.99 30/08/2018 0.055 0.005 0.005 0.005 7070WB VIZIONE-WB 0.005 Unch 585.4 0.135 0.160 22.22 20/06/2018
0.140 0.075 0.080 0.080 5285CD SIMEPLT-CD 0.080 Unch 120.4 5.800 6.000 8.97 24/08/2018 0.155 0.060 0.085 0.075 7070WC VIZIONE-WC 0.085 0.010 687 0.135 0.100 37.04 05/02/2022
0.210 0.035 0.085 0.075 5288CA SIMEPROP-CA 0.085 0.010 65.7 1.450 1.450 11.72 30/08/2018 0.215 0.010 0.030 0.030 6963CR VS-CR 0.030 0.005 356.8 2.240 2.480 16.07 29/06/2018
0.205 0.080 0.085 0.085 5288CE SIMEPROP-CE 0.085 Unch 50 1.450 1.650 19.66 31/10/2018 0.190 0.010 0.025 0.015 6963CS VS-CS 0.020 Unch 1392 2.240 2.680 23.21 29/06/2018
0.235 0.005 0.025 0.010 7155CI SKPRES-CI 0.025 0.020 1218.8 1.580 2.100 36.08 11/06/2018 0.280 0.010 0.020 0.015 6963CT VS-CT 0.020 0.005 1149.1 2.240 2.800 27.23 29/06/2018
0.165 0.050 0.075 0.070 7155CJ SKPRES-CJ 0.070 Unch 183.6 1.580 2.200 51.65 31/10/2018 0.120 0.040 0.070 0.055 6963CZ VS-CZ 0.065 0.005 7502.8 2.240 2.600 27.68 31/10/2018
0.085 0.020 0.020 0.020 8664C5 SPSETIA-C5 0.020 Unch 650 2.810 3.550 29.18 24/08/2018 1.570 0.390 0.700 0.640 6963WA VS-WA 0.685 0.035 12889 2.240 1.650 4.24 06/01/2019
0.195 0.095 0.145 0.130 0080WA STRAITS-WA 0.140 0.010 3720.6 0.260 0.115 -1.92 10/08/2022 0.150 0.015 0.020 0.015 9679C3 WCT-C3 0.015 -0.005 1279.6 1.220 1.700 41.50 29/06/2018
0.115 0.015 0.050 0.035 1201WA SUMATEC-WA 0.050 0.020 584.3 0.065 0.320 469.23 03/03/2021 0.570 0.140 0.180 0.170 9679WE WCT-WE 0.170 Unch 716.8 1.220 2.080 84.43 27/08/2020
0.055 0.010 0.020 0.010 1201WB SUMATEC-WB 0.015 Unch 4782.7 0.065 0.175 192.31 13/11/2018 0.880 0.310 0.330 0.320 7245WA WZSATU-WA 0.320 Unch 48 0.630 0.500 30.16 28/10/2024
0.150 0.005 0.020 0.010 5263CL SUNCON-CL 0.020 0.015 157.2 2.240 2.300 5.36 26/04/2018 0.130 0.005 0.010 0.010 5156WC XDL-WC 0.010 0.005 150 0.140 0.160 21.43 02/07/2018
0.230 0.025 0.070 0.035 5263CM SUNCON-CM 0.070 0.040 1538.1 2.240 2.300 8.15 31/07/2018 0.110 0.025 0.030 0.025 0165WA XOX-WA 0.030 0.005 612.5 0.085 0.200 170.59 10/02/2019
0.120 0.020 0.025 0.020 5263CN SUNCON-CN 0.020 Unch 240 2.240 2.600 18.75 29/06/2018 0.200 0.050 0.085 0.060 7293CO YINSON-CO 0.085 0.035 140 4.150 4.500 14.58 29/06/2018
0.165 0.030 0.060 0.040 5263CO SUNCON-CO 0.060 0.030 159 2.240 2.400 13.84 24/07/2018 0.140 0.060 0.100 0.070 7293CQ YINSON-CQ 0.100 0.030 505 4.150 4.300 13.25 24/08/2018
0.050 0.030 0.050 0.045 5263CR SUNCON-CR 0.050 0.020 352 2.240 2.550 20.54 12/09/2018 0.100 0.035 0.075 0.065 7020WB YKGI-WB 0.070 0.005 572.2 0.390 0.500 46.15 28/05/2020
0.735 0.305 0.425 0.410 5211WB SUNWAY-WB 0.415 Unch 2780.5 1.560 1.860 45.83 03/10/2024 0.085 0.050 0.065 0.060 467716 YTL-C16 0.060 -0.005 353 1.420 1.700 30.28 28/09/2018
0.345 0.085 0.270 0.255 710633 SUPERMX-C33 0.260 0.020 195 2.650 1.880 0.38 24/07/2018 0.115 0.010 0.015 0.015 6742C2 YTLPOWR-C2 0.015 0.005 80 0.980 1.300 34.18 30/08/2018
0.425 0.105 0.330 0.295 710634 SUPERMX-C34 0.320 0.030 118.4 2.650 2.150 5.28 31/10/2018 0.420 0.010 0.020 0.020 6742WB YTLPOWR-WB 0.020 0.005 648.3 0.980 1.110 15.31 11/06/2018
0.240 0.090 0.185 0.155 710635 SUPERMX-C35 0.185 0.035 95 2.650 2.380 10.75 28/09/2018 0.085 0.020 0.030 0.025 2283WA ZELAN-WA 0.030 Unch 246.1 0.100 0.250 180.00 25/01/2019
0.245 0.080 0.180 0.155 710636 SUPERMX-C36 0.175 0.015 3495.1 2.650 2.600 17.92 28/09/2018
Please refer to the Bursa Malaysia website for the prices of loan stocks, bonds and overseas structure warrants
 3 0 Markets WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

INSIDER MOVES . TRADING THEMES . EVENTS . FOREX

Insider moves (Filings on April 9, 2018) Trading themes

Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the company’s outlook. Singapore dollar nominal effective exchange rate
COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION
(DISPOSED) SHAREHOLDER AFTER CHANGE DATE A majority of analysts said they expect the central bank to tighten policy in April,
AEON CO. (M) 300,000 EMPLOYEES PROVIDENT FUND BOARD 129,234,000 4/4 by increasing the appreciation rate of the policy band slightly and away from 0%
ALLIANCE BANK MALAYSIA 495,400 EMPLOYEES PROVIDENT FUND BOARD 188,959,640 4/4
AXIS REAL ESTATE 477,700 EMPLOYEES PROVIDENT FUND BOARD 187,746,613 4/4
appreciation, to Reuters poll.
INVESTMENT TRUST
BERJAYA ASSETS 4,500,000 DYMM SULTAN IBRAHIM JOHOR 285,000,000 30/3, 4 & 5/4
BIOALPHA 1,664,400 PERBADANAN NASIONAL 120,855,104 6/4
BUMI ARMADA 1,010,500 EMPLOYEES PROVIDENT FUND BOARD 357,954,980 2&4
CAELY 2,180,000 NI HSIN RESOURCES 7,985,100 6/4
CAPITALAND (M) MALL TRUST 1,000,000 EMPLOYEES PROVIDENT FUND BOARD 204,239,200 4/4
DIALOG GROUP 2,488,500 EMPLOYEES PROVIDENT FUND BOARD 518,074,350 4/4
DIALOG GROUP 4,824,800 KUMPULAN WANG PERSARAAN 418,146,300 5/4
(DIPERBADANKAN)
DIGI.COM 1,366,000 EMPLOYEES PROVIDENT FUND BOARD 1,220,824,664 3 & 4/4
DIGI.COM (3,986,300) KUMPULAN WANG PERSARAAN 394,773,000 5/4
(DIPERBADANKAN)
DRB-HICOM 2,500,000 LEMBAGA TABUNG HAJI 138,506,500 4/4
FELDA GLOBAL VENTURES 1,664,400 KUMPULAN WANG PERSARAAN 290,159,400 5/4
(DIPERBADANKAN)
FREASER & NEAVE 835,000 EMPLOYEES PROVIDENT FUND BOARD 42,710,800 4/4
GABUNGAN AQRS 762,400 EMPLOYEES PROVIDENT FUND BOARD 30,113,100 4/4
GAMUDA 1,078,400 EMPLOYEES PROVIDENT FUND BOARD 281,895,405 3 & 4/4
GENTING PLANTATIONS 396,500 EMPLOYEES PROVIDENT FUND BOARD 124,559,000 4/4
GLOBETRONICS TECHNOLOGY 1,385,700 EMPLOYEES PROVIDENT FUND BOARD 33,508,982 3 & 4/4
GLOMAC 300,000 DATUK SERI FATEH ISKANDAR 293,021,401 5/4
TAN SRI DATO’ MOHAMED MANSOR
HAP SENG PLANTATIONS 250,000 LEMBAGA TABUNG HAJI 65,518,000 5/4

HARTALEGA (315,000) EMPLOYEES PROVIDENT FUND BOARD 226,404,296 4/4

IGB 1,400,000 TAN CHIN NAM 285,460,100 5/4
IHH HEALTHCARE 801,400 EMPLOYEES PROVIDENT FUND BOARD 718,159,300 4/4
IJM CORPORATION (682,300) EMPLOYEES PROVIDENT FUND BOARD 533,242,678 4/4
INARI AMERTRON 1,000,000 EMPLOYEES PROVIDENT FUND BOARD 106,068,800 4/4 Widening wage gap
IOI CORPORATION 2,630,000 EMPLOYEES PROVIDENT FUND BOARD 759,848,273 4/4
IOI PROPERTIES GROUP 1,000,000 EMPLOYEES PROVIDENT FUND BOARD 357,417,132 4/4 One of the reasons why big corporate unions are not popular in South Korea stems
JERASIA CAPITAL (100,000) DATO’ SRI MOHD HANIFF ABD AZIZ 8,207,702 5/4
JHM CONSOLIDATION 2,200,000 DATO’ TAN KING SENG 206,325,896 6 & 9/4 from the widening wage gap between workers at family-owned business conglomerates,
KPS CONSORTIUM 180,000 KOH POH SENG 66,881,125 4 - 6/4 and regular and contract workers at smaller companies.
KUALA LUMPUR KEPONG (298,000) EMPLOYEES PROVIDENT FUND BOARD 142,895,188 4/4
LBS BINA GROUP 954,000 KUMPULAN WANG PERSARAAN 180,481,800 5/4
(DIPERBADANKAN)
MALAYAN BANKING 3,019,600 EMPLOYEES PROVIDENT FUND BOARD 1,317,286,546 4/4
MALAYAN BANKING (5,000,000) PERMODALAN NASIONAL 747,479,650 5/4
MALAYAN BANKING 5,000,000 AMANAHRAYA TRUSTEES 3,735,371,147 5/4
- SKIM AMANAH SAHAM BUMIPUTERA
MALAYSIA AIRPORTS 471,700 EMPLOYEES PROVIDENT FUND BOARD 166,014,992 4/4
MAXIS 663,200 EMPLOYEES PROVIDENT FUND BOARD 923,913,289 4/4
MYNEWS (300,000) EMPLOYEES PROVIDENT FUND BOARD 40,401,600 5/4
NEXGRAM (20,000,000) MENANG HARMONI 6/4
OCK GROUP 450,000 EMPLOYEES PROVIDENT FUND BOARD 46,608,000 4/4
PERAK TRANSIT 341,800 DATO’ SRI CHEONG KONG FITT 489,654,406 6/4
PINTARAS JAYA 217,100 LEMBAGA TABUNG HAJI 10,942,100 5/4
POS MALAYSIA 300,000 EMPLOYEES PROVIDENT FUND BOARD 75,389,449 4/4
PUBLIC BANK 1,770,200 EMPLOYEES PROVIDENT FUND BOARD 526,603,700 4/4
QL RESOURCES (1,600,000) EMPLOYEES PROVIDENT FUND BOARD 84,947,530 4/4
SEACERA GROUP 453,000 DUTA GLOBAL 90,453,000 4 & 5/4
SEACERA GROUP (500,000) ZULKARNIN ARIFFIN 58,476,040 5/4
SIME DARBY 2,063,100 EMPLOYEES PROVIDENT FUND BOARD 792,577,983 4/4
SIME DARBY PLANTATION 477,700 EMPLOYEES PROVIDENT FUND BOARD 934,158,631 4/4
SKP RESOURCES (400,000) KUMPULAN WANG PERSARAAN 166,528,500 5/4
(DIPERBADANKAN)
SYMPHONY LIFE 427,900 LEMBAGA TABUNG HAJI 18,698,500 5/4
TENAGA NASIONAL 887,000 EMPLOYEES PROVIDENT FUND BOARD 680,395,782 4/4
TIGER SYNERGY (12,835,800) DATO’ TAN WEI LIAN 111,302,000 5 & 6/4
TOP GLOVE CORPORATION (644,500) EMPLOYEES PROVIDENT FUND BOARD 79,744,561 4/4
UMW 221,500 EMPLOYEES PROVIDENT FUND BOARD 110,305,568 4/4 Stocks closest to year high Stocks closest to year low
VERTICE (24,931,588) VISTA LESTARI DEVELOPMENT 24,931,588 6/4
STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
VSOLAR GROUP 2,891,700 ASIABIO CAPITAL 57,891,700 6/4 (RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)
WCT (7,000,000) KUMPULAN WANG PERSARAAN 5/4
(DIPERBADANKAN) DIALOG-C28 0.355 0.325 0.355 1084.4 FBMKLCI-H4R 0.320 0.280 0.280 338
XIN HWA 3,161,000 NF CAPITAL MANAGEMENT 155,239,537 6/4 IMASPRO 2.040 2.000 2.040 24 OFI 0.965 0.900 0.900 66.2
YINSON 429,000 EMPLOYEES PROVIDENT FUND BOARD 140,006,100 4/4 FGV-C49 0.155 0.110 0.150 5532 IOIPG 1.540 1.500 1.500 2754
IJM-C17 0.110 0.100 0.105 74 MAHSING-C15 0.090 0.085 0.085 38
While every effort is made to ensure accuracy, the information presented is not an exhaustive list and is not an official record of shareholder
filings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the official filings filed with INARI-C14 0.180 0.160 0.180 41.4 MMCCORP 1.470 1.390 1.400 6434
Bursa Malaysia. Note: * denotes Ace Market IJM-C16 0.130 0.105 0.130 865.8 SUNSURIA-WA 0.155 0.155 0.155 0.2
ASTRO-C7 0.080 0.080 0.080 100 IJM-C17 0.110 0.100 0.105 74
AMBANK-C8 0.095 0.080 0.095 72 ASTRO-C7 0.080 0.080 0.080 100

Local events to watch out for today ECON-CL

ECON-CK
0.110
0.150
0.090
0.090
0.100
0.135
166
1648.8
ALLIANZ
TALIWRK-WB
11.140
0.025
10.980
0.020
11.000
0.020
24.3
89.5
DIALOG-C26 0.185 0.180 0.185 56.6 UEMS-C58 0.075 0.070 0.070 20
• Prime Minister Datuk Seri Najib Razak • Pertubuhan Akitek Malaysia (PAM) will BPLANT 1.750 1.690 1.740 524.1 HARBOUR-WC 0.160 0.160 0.160 1
will be officiating a groundbreaking cer- be launching their new PAM Contract DIALOG-C21 0.205 0.185 0.205 159.8 MALAKOF-C9 0.070 0.065 0.065 122.4
emony of the East Coast Rail Link (ECRL) 2018 at PAM Centre in 99L Jalan Tandok, PANSAR 1.280 1.240 1.260 4350.2 UOAREIT 1.370 1.330 1.350 83
project site in Tunjung, Kelantan at ECRL Bangsar, Kuala Lumpur from 10.30am to SUNCON-CQ 0.085 0.065 0.085 36 TASEK 7.830 7.780 7.780 4.7
Section 1 Base Camp, Tunjung, Kelantan 12.30pm. This table shows stocks that are trading near their year high. This This table shows stocks that are trading near their year low. This
at 9am. could suggest a build-up in buying momentum, or the possibility that could suggest a build-up in selling momentum, or the possibility that
profit-taking activities could set in later. bargain hunting could set in later.

Foreign exchange rates

NZ EURO US SWISS BRIT CANADA BRUNEI S’PORE AUST M’SIA CHINA BANGL’H DENM’K UAE INA INDIA JAPAN NORWAY PHIL QATAR SAUDI SWEDEN THAI HK

NZ $ 0.595 0.735 0.702 0.519 0.931 0.962 0.963 0.950 2.8448 4.620 60.991 4.428 2.700 10,106 47.770 78.692 5.732 38.186 2.676 2.757 6.117 22.950 5.770
EURO 1.682 1.236 1.180 0.872 1.565 1.618 1.620 1.598 4.7845 7.771 102.576 7.447 4.540 16,997 80.342 132.348 9.640 64.222 4.501 4.636 10.287 38.597 9.704
US $ 1.360 0.809 0.954 0.706 1.266 1.309 1.311 1.292 3.8700 6.286 82.970 6.024 3.673 13,748 64.985 107.051 7.798 51.947 3.640 3.750 8.321 31.220 7.850
SWISS FR 1.426 0.848 1.048 0.739 1.327 1.372 1.373 1.354 4.0553 6.586 86.943 6.312 3.848 14,407 68.097 112.177 8.171 54.434 3.815 3.930 8.719 32.715 8.225
STERLING £ 1.928 1.146 1.417 1.352 1.794 1.855 1.858 1.832 5.4846 8.908 117.586 8.537 5.205 19,484 92.098 151.714 11.051 73.620 5.159 5.315 11.792 44.245 11.124
CANADA $ 1.074 0.639 0.790 0.754 0.557 1.034 1.035 1.021 3.0564 4.964 65.527 4.757 2.901 10,858 51.323 84.545 6.158 41.026 2.875 2.962 6.571 24.657 6.199
BRUNEI $ 1.039 0.618 0.764 0.729 0.539 0.967 1.001 0.987 2.9567 4.802 63.390 4.602 2.806 10,504 49.649 81.788 5.957 39.688 2.781 2.865 6.357 23.852 5.997
SINGAPORE $ 1.038 0.617 0.763 0.728 0.538 0.966 0.999 0.986 2.9526 4.796 63.302 4.596 2.802 10,489 49.580 81.674 5.949 39.633 2.778 2.861 6.348 23.819 5.989
AUSTRALIA $ 1.053 0.626 0.774 0.738 0.546 0.980 1.013 1.014 2.9942 4.863 64.194 4.661 2.841 10,637 50.279 82.825 6.033 40.191 2.817 2.902 6.438 24.155 6.073
MALAYSIA RM 0.352 0.209 0.258 0.247 0.182 0.327 0.338 0.339 0.334 1.0000 1.624 21.439 1.557 0.949 3,553 16.792 27.662 2.015 13.423 0.941 0.969 2.150 8.067 2.028
100 CHINESE RMB 21.643 12.869 15.910 15.183 11.226 20.145 20.824 20.853 20.563 61.5700 1,320 95.836 58.429 218,729 1,033.886 1,703 124.058 826.454 57.919 59.664 132.380 496.696 124.882
100 BANGLAD’H TAKA 1.640 0.975 1.205 1.150 0.850 1.526 1.578 1.580 1.558 4.6643 7.576 7.260 4.426 16,570 78.324 129.024 9.398 62.609 4.388 4.520 10.029 37.628 9.461
100 DANISH KRONER 22.583 13.428 16.601 15.842 11.714 21.020 21.729 21.759 21.456 64.2450 104.34 1,377 60.968 228,232 1,078.81 1,777 129.45 862.36 60.44 62.26 138.13 518.28 130.31
100 UAE DIRHAM 37.041 22.024 27.229 25.984 19.213 34.477 35.639 35.689 35.193 105.3749 171.15 2,259 164.02 374,347 1,769 2,915 212.32 1,414 99.13 102.11 226.56 850.08 213.73
1000 INA RUPIAH 0.010 0.006 0.007 0.007 0.005 0.009 0.010 0.010 0.009 0.0281 0.046 0.603 0.044 0.027 0.473 0.779 0.057 0.378 0.026 0.027 0.061 0.227 0.057
100 INDIA RUPEE 2.093 1.245 1.539 1.468 1.086 1.948 2.014 2.017 1.989 5.9552 9.672 127.675 9.270 5.651 21,156 164.731 11.999 79.937 5.602 5.771 12.804 48.042 12.079
100 JAPAN YEN 1.271 0.756 0.934 0.891 0.659 1.183 1.223 1.224 1.207 3.6151 5.872 77.505 5.627 3.431 12,843 60.705 7.284 48.525 3.401 3.503 7.773 29.164 7.332
100 NORWEGIAN KRONER 17.446 10.373 12.824 12.238 9.049 16.238 16.786 16.809 16.575 49.6300 80.607 1,064 77.251 47.099 176,312 833.389 1,373 666.183 46.687 48.094 106.708 400.374 100.664
100 PHILIPPINE PESO 2.619 1.557 1.925 1.837 1.358 2.437 2.520 2.523 2.488 7.4499 12.100 159.721 11.596 7.070 26,466 125.099 206.077 15.011 7.008 7.219 16.018 60.100 15.111
100 QATAR RIYAL 37.368 22.218 27.469 26.214 19.382 34.781 35.954 36.004 35.503 106.3041 172.656 2,279 165.467 100.882 377,648 1,785 2,941 214.193 1,427 103.013 228.562 857.575 215.616
100 SAUDI RIYAL 36.275 21.569 26.665 25.447 18.815 33.763 34.902 34.950 34.465 103.1945 167.605 2,212 160.627 97.931 366,601 1,733 2,855 207.928 1,385 97.075 221.876 832.489 209.309
100 SWEDISH KRONOR 16.349 9.721 12.018 11.469 8.480 15.217 15.730 15.752 15.533 46.5100 75.540 997.142 72.395 44.138 165,228 780.998 1,287 93.713 624.304 43.752 45.070 375.205 94.336
100 THAI BAHT 4.357 2.591 3.203 3.057 2.260 4.056 4.192 4.198 4.140 12.3959 20.133 265.759 19.295 11.764 44,037 208.153 342.892 24.977 166.390 11.661 12.012 26.652 25.143
100 HK$ 17.331 10.305 12.740 12.158 8.989 16.131 16.675 16.698 16.466 49.3025 80.076 1,057.011 76.741 46.788 175,148 827.890 1,364 99.340 661.787 46.379 47.776 106.004 397.732
Note: Run your finger down the left-hand side until you reach the country of origin you plan to exchange. Then move your finger until that line intersects with the vertical column of the currency you wish to buy. The figure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
WED N ES DAY A P R I L 1 1 , 20 1 8 • 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
18.00 -4.00
1980 1,859.50 90000 4.5
(+7.00) (-0.50) 3.73
96.5
(Unch)
1785 68000 4.75
3.5

1590 -8.50 88.0

46000
89.589
(-0.249) 2.5
1395 24000 -21.75 79.5

1200 2000 -35.00 71.0 1.5

Jan 4, 2010 Apr 10, 2018 Jan 4, 2010 Apr 10, 2018 Oct 2, 2006 Apr 10, 2018 Oct 1, 2000 Apr 10, 2018

FBM KLCI futures FBM KLCI futures US dollar dips to two-week Klibor
contracts close higher INDEX AND FUTURES
CONTRACT LAST CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
lows on Xi comments MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures contracts on FBMKLCI 1,860.98 11.27 109.4M The US dollar dipped to a two-week low APR8 96.30 — — —
MAY8 96.29 — — —
Bursa Malaysia Derivatives closed higher APR 18 1,859.50 7.00 6,113 32,231 -785 against a basket of currencies yesterday after JUN8 96.27 — — —
yesterday, tracking gains on the underlying MAY 18 1,856.00 7.00 181 542 69
Chinese President Xi Jinping’s promise to SEP8 96.27 — — —
JUN 18 1,853.50 8.00 122 572 27
cash market. SEP 18 1,852.00 7.00 54 194 -4
cut import tariffs eased concerns about a DEC8 96.27 — — —
April 2018, May 2018 and September TOTAL trade conflict. MAR9 96.22 — — —
6,470 33,539 -693
JUN9 96.22 — — —
2018 rose seven points each to 1,859.5, Relatively high yielding currencies such as SEP9 96.22 — — —
1,856 and 1,852 respectively, while June FUTURES
APR/MAY
ROLL OVER BID
-3.5
OFFER
-4.5
CLOSE
-4.0
the Australian dollar and the Canadian dollar DEC9 96.22 — — —
2018 added eight points to 1,853.5. were the chief beneficiaries in London trading MAR0 96.22 — — —
Turnover declined to 6,470 lots from 6,852 FUTURES FAIR VALUE of a revival in risk appetite against the US dollar JUN0 96.22 — — —
SEP0 96.22 — — —
lots on Monday but open interest widened CONTRACT
APR 18
DAYS TO EXPIRY
21
KLIBOR DIVIDEND FAIR VALUE
3.47 0.65 2.82
while the yen and the Swiss franc weakened. DEC0 96.22 — — —
to 33,539 contracts from 33,386 contracts. MAY 18 52 8.84 9.53 -0.69 “President Xi’s comments and seasonality MAR1 96.22 — — —
The underlying benchmark FBM KLCI ROLL’S FAIR -3.51 effects with April being traditionally a strong JUN1 96.22 — — —
closed 11.27 points higher at 1,860.98. month for risk appetite is helping currency SEP1 96.22 — — —
DEC1 96.22 — — —
Most Southeast Asian stock markets markets recover some ground,” said Simon
MAR2 96.22 — — —
closed higher yesterday, as Chinese President Derrick, chief currency strategist at BNY JUN2 96.22 — — —
Xi Jinping promised to lower import tariffs Mellon in London. SEP2 96.22 — — —
on products including cars, easing concerns Xi pledged to open the economy further DEC2 96.22 — — —
over an escalating US-China trade row. shares outside Japan recovered from early and lower import tariffs on products MAR3 96.22 — — —
TOTAL 0 0
MSCI’s Broadest Index of Asia-Pacific losses and climbed 0.8 %. — Agencies including cars. — 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
US$/troy oz
CPO RM/tonne Open Interest CPO RM/tonne Soyoil US$/Ibs US$/bbl
1980
4200 200000 6400 0.700 155.00

1660 1,338.40
3450 152500 5075 0.3192 0.525 121.25 (+1.30)
(RM2,721/tonne) 64.80
(+1.38) 1340
2700 105000 3750 0.350 87.50

1950 53.75 1020

2,433 57500 2425 0.175
(-31) 2,433
1200 (-31) 700
10000 20.00
1100 0.000
Jan 6, 2008 Apr 10, 2018 Apr 10, 2007 Apr 10, 2018 Aug 31, 2008 Apr 10, 2018
Jan 6, 2008 Apr 10, 2018

Palm oil falls 1.3% on weaker- CPO futures Oil above US$70 a barrel as Commodities

than-forecast stocks decline CONTRACT

APR-18
LAST
2,436
CHANGE
-43
VOLUME
6
OPEN CHANGE IN
INTEREST OPEN INTEREST
590 -5
shadow of trade war recedes AGRICULTURE
CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
2,433 -31
RUBBER SEN/KG MRB 526.50 7.00
MAY-18 2,432 -34 816 11,055 -425
Malaysian palm oil futures slipped to a one- Oil prices broke above US$70 a barrel CORN USC/BSH CBOT 390.25 -0.50
JUN-18 2,433 -31 18,621 68,182 -2,703
SOYBEANS USC/BSH CBOT 1,051.25 4.25
week low yesterday evening in a second JUL-18 2,429 -30 9,321 55,738 -1,695 yesterday, extending strong gains from
WHEAT USC/BSH CBOT 487.25 -3.50
straight losing session as they lost ground AUG-18 2,425 -27 5,505 23,742 275 the previous day, as investors grew more LIVE CATTLE USC/IBS CME 102.50 0.18
on bearish industry regulator data released CPO FUTURES CPO/SOYOIL optimistic that a trade dispute between COCOA US$/TON NYBOT 2,538 -15
at the market’s midday break. INDICATIVE ROLL-OVER FUTURES BASIS (USD) the US and China may be resolved without COFFEE USC/IBS NYBOT 120.30 -0.25
APR/MAY 4 CURRENT -58.36
Palm oil also fell in the first half of trade, APR/JUN 3 3 MONTHS AVERAGE -75.77
greater damage to the global economy. SUGAR USC/IBS NYBOT 12.25 -0.17
tracking declines in related edible oils on APR/JUL Brent crude were up US$1.53 at US$70.18 COTTON USC/IBS NYC 83.17 0.29
7 6 MONTHS AVERAGE -89.89
China’s Dalian Commodity Exchange. MAY/JUN -1 a barrel, while US light crude rose US$1.38 METAL & PRECIOUS METALS
TIN US$/TON KLTM 21,150 240
The benchmark palm oil contract for June SGS & ITS EXPORT ESTIMATES (TONNES) to US$64.80 a barrel. The oil price has risen COPPER USC/IBS CMX 3.1335 0.0470
delivery on Bursa Malaysia Derivatives was SHIPMENT DAYS JAN’18 FEB’18 MAC’18 by nearly 4.5% in the last two trading days. GOLD US$/TROY OZ CMX 1,338.40 1.30
down 1.3% at RM2,433 a tonne. It earlier fell 1 - 10TH DAYS 381/259 421/412 340/358 President Xi Jinping yesterday promised PLATINUM US$/TROY OZ NYMEX 932.60 -5.10
1 - 15TH DAYS 565/553 635/608 604/596
to RM2,420, the lowest since April 4. to open China’s economy further and PALLADIUM US$/TROY OZ NYMEX 931.35 2.50
Palm oil futures traders said the market 11 -- 20TH DAYS
25TH DAYS
745/728
1,033/1,014
815/792 926/913
1,077/1,065 1,190/1,166
lower import tariffs, in a speech that struck SILVER USC/TROY OZ CMX 16.85 0.027
declined further in the second half of trade FULL MONTH a conciliatory tone on the trade tensions ALUMINIUM RMB/TON SHF 14,350 145
1,313/1,290 1,168/— 1,395/1,145
ZINC RMB/TON SHF 24,500 130
on bearish data released by the Malaysian MALAYSIAN PALM OIL BOARD between China and the US.
Palm Oil Board (MPOB). NOV’17 DEC’17 JAN’18 FEB’18 Equities and industrial commodities rose, ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 64.80 1.38
“Production is a concern,” said a futures PRODUCTION 1,943 1,834 1,587 1,343 while perceived safe havens such as gold and HEATING OIL USC/GAL NYMEX 2.0216 0.0312
trader, while another trader in Singapore EXPORT STOCKS
1,354
2,557
1,423
2,732
1,513
2,548
1,312
2,478
US Treasuries came under pressure, reflecting NATURAL GAS US$/MMBTU NYMEX 2.749 0.018
added that end-stocks did not decline as confidence among traders and investors that BRENT CRUDE US$/BBL ICE 70.18 1.53
MPOB Palm oil physical
much as the market had expected. a trade war is increasingly unlikely. — Reuters GAS OIL US$/TON ICE 622.00 8.75
Palm oil production rose 17.2% to 1.57 (IN RM/TON) APR’18 MAY’18 JUN’18

million tonnes in March from the previous CPO DELD

PK EX-MILL
2,447.00 2,465.00 NO TRADE
1,905.00 NO TRADE NO TRADE
Centrifuged Latex Rubber - M’sia SMR 20
month, while exports climbed 19.2% to 1.57 CPKO DELD 3,968.50 NO TRADE NO TRADE Sen/Kg
Sen/Kg
million tonnes, data released by the MPOB at RBD P.OIL FOB NO TRADE NO TRADE NO TRADE 1100 1900
the midday break showed. While stockpiles RBD P.OLEIN FOB NO TRADE NO TRADE NO TRADE
fell 6.2% to 2.32 million tonnes, the decline RBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE 900 449.50 1475 526.50
(+1.50)
was smaller than market expectations. MPOB FFB REF PRICE (MILL GATE PRICE) (+7.00)

A Reuters poll had forecast March end- REGION GRADE A GRADE B GRADE C 700 1050
OER (RM/TON) OER(RM/TON) OER (RM/TON)
stocks in Malaysia to decline 8.6% from NORTH 20.00% 527 19.00% 503 18.00% 479
February to 2.27 million tonnes. SOUTH 20.00% 533 19.00% 509 18.00% 485
500 625
In related oils, the Chicago Board of CENTRAL 20.00% 527 19.00% 503 18.00% 479
Trade’s May soybean oil contract declined EAST COAST 20.00% 529 19.00% 505 18.00% 481 300 200
SABAH 22.00% 513 21.00% 491 20.00% 469 Jan 7, 2007 Apr 10, 2018 Jan 7, 2007 Apr 10, 2017
0.1%. — Reuters SARAWAK 22.00% 519 21.00% 497 20.00% 475
 Markets
32 WEDN ESDAY AP RI L 1 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S . 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] 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 1,860.98 11.27 FBM ACE 5,505.67 350.58 FTSTI 3,466.38 16.42 NIKKEI 21,794.32 116.06 HANG SENG 30,728.74 499.16 DOW JONES 23,979.10 46.34

I am not my body. My body is nothing without me. Market movers

— Tom Stoppard
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 UMWOG 174,190.3 0.030 12.24 0.275 — 0.00
('000) (%) (RM) (RM) (RM) (RM) HUAAN 166,878.3 0.085 25.00 0.425 4.72 0.00
Index point
1862.0 1,860.98 HUAAN 166,878 25.00 0.085 0.425 0.430 0.335 SKH 148,665.6 0.015 18.75 0.095 — 0.00
1860.1 (+11.27) SKH 148,666 18.75 0.015 0.095 0.095 0.070 SAPNRG 139,390.4 0.020 3.88 0.535 — 1.94
1858.2 HIBISCS-WC 123,130 17.24 0.050 0.340 0.345 0.280 HIBISCS-WC 123,130.0 0.050 17.24 0.340 — 0.00
1856.3 SUMATEC 90,234 18.18 0.010 0.065 0.070 0.055 SUMATEC 90,233.7 0.010 18.18 0.065 — 0.00
KL Composite Index PWORTH 79,370 25.00 0.040 0.200 0.210 0.160 PWORTH 79,370.3 0.040 25.00 0.200 17.78 0.00
1854.4 1,859.50
(+7.00) UCREST 54,256 14.81 0.040 0.310 0.320 0.275 PUC 66,892.4 0.005 1.96 0.260 — 0.00
1852.5
KLCI futures SAPNRGC64 43,176 13.33 0.010 0.085 0.085 0.075 HIBISCS 57,725.2 0.065 8.55 0.825 30.28 0.00
1850.6
HENGYUAN-CM 35,350 -7.14 -0.005 0.065 0.075 0.060 UCREST 54,256.1 0.040 14.81 0.310 12.92 0.00
1848.7 KNM 33,804 10.53 0.020 0.210 0.210 0.185 NEXGRAM 51,835.6 0.005 10.00 0.055 — 0.00
1846.8 EAH 30,768 12.50 0.005 0.045 0.045 0.040 SAPNRGC64 43,176.0 0.005 6.25 0.085 — 0.00
1844.9 HSI-H4A 27,322 -13.76 -0.075 0.470 0.575 0.460 GLOTEC 41,005.5 UNCH UNCH 0.045 — 0.00
1843.0 PA-WB 26,187 22.22 0.010 0.055 0.055 0.045 HENGYUAN-CM 35,349.5 UNCH UNCH 0.065 — 0.00
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15
PERISAI 26,081 12.50 0.005 0.045 0.045 0.035 KNM 33,803.8 0.020 10.53 0.210 — 0.00
PDZ-WB 24,668 -16.67 -0.005 0.025 0.030 0.025 EAH 30,768.2 0.005 12.50 0.045 100.00 0.00
Daily FBM KLCI ANNJOO-CL 21,203 66.67 0.020 0.050 0.055 0.035 AAX 29,571.5 0.020 5.48 0.385 15.87 0.00
FGV 20,453 9.83 0.170 1.900 1.920 1.690 MASTEEL 28,255.8 0.085 10.63 0.885 4.58 0.00
KL Composite Index Moving average - 20-day HBGLOB 27,346.7 0.030 15.00 0.230 6.71 0.00
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
2030.0 HSI-H4A 27,321.9 -0.025 -5.05 0.470 — 0.00
1,860.98 traded for a particular counter on the previous trading day is more than triple the average volume for the
(+11.27) 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
1,853.49 FBM KLCI gains after Xi’s CLOSE
CHANGE
(RM)
DOWN
CLOSE
CHANGE
(RM)

speech calms trade war fears KESM

DIN040000223
17.020
98.700
2.220
0.700
BAT
GENP
23.320
10.000
-0.260
-0.180
1122.5 AJI 22.200 0.540 HSI-H4G 0.720 -0.165
NESTLE 150.100 0.500 AYER 6.050 -0.150
KUALA LUMPUR: The FBM KLCI jumped 11.27 points or UNISEM 2.730 0.360 HAPSENG 9.700 -0.150
820.0 0.6% after China President Xi Jinping struck a conciliatory MPI 8.540 0.340 PMETAL-CW 0.245 -0.150
Jan 2, 2008 Apr 10, 2018 tone in his speech yesterday, in which he highlighted China’s LCTITAN 6.390 0.330 A50CHIN-H15 0.955 -0.135
plan to widen market access for foreign investors, raise the ANNJOO 3.220 0.320 HENGYUAN 8.930 -0.130
900
foreign ownership limit in the automobile sector and protect PMETAL-WC 4.280 0.320 PETRONM 8.640 -0.110
BKAWAN 18.300 0.300 HSI-H4D 1.090 -0.100
intellectual property of foreign firms.
600 MFCB 3.480 0.300 HSI-H4F 1.000 -0.100
Reuters reported that US stock futures rallied, Asian PMETAL 4.670 0.290 AEONCR 12.300 -0.100
300 equities bounced and the safe-haven yen fell yesterday,
as Xi Jinping promised to lower import tariffs on products Top gainers and losers (ranked by percentage)
0
including cars, helping soothe investor jitters over an

 
Volume (’mil)
escalating US-China trade row. Xi was speaking at the Boao UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
Forum for Asia in the Hainan province.
FBM KLCI futures At Bursa Malaysia, the FBM KLCI closed at 1,860.98 at PESTECH-CA 0.030 500.00 HSI-H2V 0.020 -80.00

CONTRACT SETTLEMENT CHANGE HIGH LOW

5pm. Trade volume across Bursa was 3.73 billion shares ECONBHD-CE 0.030 500.00 UEMS-C58 0.070 -53.33
SKPRES-CI 0.025 400.00 ASTRO-C7 0.080 -46.67
APR 18 1,859.50 7.00 1,860.50 1,843.00 worth RM2.71 billion. On Monday, trade volume was 2.22 SUNCON-CL 0.020 300.00 MAHSING-C15 0.085 -43.33
MAY 18 1,856.00 7.00 1,856.00 1,841.00 billion shares worth RM2.1 billion. FGV-C38 0.035 250.00 MBSB-C11 0.090 -40.00
JUN 18 1,853.50 8.00 1,853.50 1,838.50
Across Asian share markets, Japan’s Nikkei 225 rose AMBANK-C6 0.015 200.00 PMETAL-CW 0.245 -37.97
0.54%, while Hong Kong’s Hang Seng Index increased 1.65%. UNISEM-C2 0.015 200.00 GDEX-CK 0.025 -37.50
FBM KLCI sensitivity* Hong Leong Investment Bank Bhd head of retail research Loui FGV-C44 0.055 175.00 BAUTO-CW 0.095 -36.67

KLCI CHANGE CLOSE VOLUME Low told theedgemarkets.com that the stock market’s gain was GKENT-CC 0.175 169.23 INARI-C13 0.100 -33.33
POINTS (RM) (RM) ('000) FGV-C41 0.085 142.86 HSI-H2W 0.080 -33.33
SIME DARBY PLANTATION 3.14 0.280 5.800 1879.0
a recovery from a severely oversold position recently following SUNCON-CM 0.070 133.33 MMCCORP-C9 0.020 -33.33
PRESS METAL 1.85 0.290 4.670 17577.1 concerns over the trade spat between the US and China. GKENT-CD 0.115 130.00 PETRONM-CK 0.010 -33.33
SIME DARBY 1.46 0.130 2.740 26752.0 “The market movement today (yesterday) is a recovery
AXIATA GROUP 0.90 0.060 5.320 3491.3 from an oversold position seen in the last week. Chinese Top gainers and losers - warrants (ranked by percentage)
AMMB 0.90 0.180 3.920 2251.4 president Xi Jinping’s speech has given confidence to the
MAXIS 0.64 0.050 5.840 1288.6 UP CHANGE DOWN CHANGE
RHB BANK 0.53 0.080 5.250 944.6
market after concerns over a potential trade war led to a CLOSE (%) CLOSE (%)
IOI CORPORATION 0.52 0.050 4.740 2812.6 heavy selldown recently,” Low said. — by Billy Toh PESTECH-CA 0.030 500.00 HSI-H2V 0.020 -80.00
MISC 0.37 0.050 7.180 2933.0
World equity indices ECONBHD-CE 0.030 500.00 UEMS-C58 0.070 -53.33
MAYBANK 0.36 0.020 10.480 18838.5 SKPRES-CI 0.025 400.00 ASTRO-C7 0.080 -46.67
CIMB GROUP 0.30 0.020 7.040 15949.0 CLOSE CHANGE CLOSE CHANGE SUNCON-CL 0.020 300.00 MAHSING-C15 0.085 -43.33
KLCC PROP REIT 0.30 0.100 7.150 500.8
DOW JONES 23,979.10 46.34 INDONESIA 6,325.82 79.69 FGV-C38 0.035 250.00 MBSB-C11 0.090 -40.00
PETRONAS GAS -0.33 -0.100 18.100 273.8
S&P 500 2,613.16 8.69 JAPAN 21,794.32 116.06 AMBANK-C6 0.015 200.00 PMETAL-CW 0.245 -37.97
YTL CORPORATION -0.36 -0.020 1.420 1787.3
NASDAQ 100 6,472.34 39.13 KOREA 2,450.74 6.66 UNISEM-C2 0.015 200.00 GDEX-CK 0.025 -37.50
PETRONAS CHEMICAL -0.40 -0.030 8.450 3428.9
FTSE 100 7,194.75 11.11 PHILIPPINES 7,934.68 -10.98 FGV-C44 0.055 175.00 BAUTO-CW 0.095 -36.67
HAP SENG CONSOLIDATED -0.62 -0.150 9.700 127.6
AUSTRALIA 5,857.00 48.30 SINGAPORE 3,466.38 16.42 GKENT-CC 0.175 169.23 INARI-C13 0.100 -33.33
SUB-TOTAL 9.57
CHINA 3,190.32 52.03 TAIWAN 10,927.18 33.65 FGV-C41 0.085 142.86 HSI-H2W 0.080 -33.33
OTHERS 1.70
HONG KONG 30,728.74 499.16 THAILAND 1,760.95 9.68 SUNCON-CM 0.070 133.33 MMCCORP-C9 0.020 -33.33
GRAND TOTAL 11.27
INDIA 33,880.25 91.71 VIETNAM 1,198.12 -6.21 GKENT-CD 0.115 130.00 PETRONM-CK 0.010 -33.33
* How stock price changes affected the index on the previous trading day

I want an edge! E-mail: hotline@bizedge.com

Phone: (03) 7721 8052/8037/8050
FBM KLCI 1836.13 20.19 KLCI FUTURES 1840.00 31.00 STI 3405.65 65.95 RM/USD 3.8650
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50
CPO RM2468.00 14.00 OIL US$67.98 0.04 GOLD US$1328.00 9.10

YES, I would like to order The Edge Financial Daily Fax: (03) 7721 8282
FRIDAY APRIL 6, 2018 ISSUE 2626/2018

FINANCIAL at RM1.50 per copy

DAILY MAKE
Dialog, Johor govt to build
BETTER RM2.5b phase three of
DECISIONS Pengerang Deepwater Terminal
www.theedgemarkets.com 5 HOME BUSINESS

MY DETAILS
EVERY FRIDAY!
Get your
free copy
NOTE:
of The Edge
Property
Name
MAJOR COUP
pullout
inside.

Download your
personal copy at Subscription will be directly with a newsagent in
for MRCB-Gamuda,
www.EdgeProp.my

Company the respective area (subject to services availability)

YTL-TH Properties
2

US expects talks
with China
4 HOME BUSINESS

‘Malaysian stocks
The two consortiums
The
appointed PDPs for Delivery address
cheaper after
selldown but not
KL-Singapore HSR civil
works portion.
The Edge will connect you to the newsagent.
time to buy yet’
5 HOME BUSINESS
Ahmad Naqib Idris has the
story on Page 3. You will need to liaise directly with them.
Malaysian trade
disappoints in
February
6 HOME BUSINESS

Comfort Gloves
Tel no. Mobile no. Additional delivery charges will be imposed by
tumbles for
seventh day newsagents depending on the area
7 HOME BUSINESS

March palm oil

Mustapa: Malaysia’s trade with US Fax no. Email address
stockpiles seen to be less robust
dipping — survey 3 HOME BUSINESS

)'
3XEOLVKHGE\7KH(GJH&RPPXQLFDWLRQV6GQ%KG;/HYHO0HQDUD./.1R-DODQ3-80XWLDUD'DPDQVDUD3HWDOLQJ-D\D6HODQJRU0DOD\VLD
3ULQWHGE\8OWLPDWH3ULQW6GQ%KG+/RW-DODQ6HSDQD2II3HUVLDUDQ6HODQJRU6HNV\HQ6KDK$ODP6HODQJRU0DOD\VLD