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M/USD 4.1760 CPO RM2183.00 15.00 OIL US$55.52 1.72 GOLD US$1255.90 3.30
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PENINSULAR MALAYSIA RM1.50

FRIDAY DECEMBER 21, 2018 ISSUE 2798/2018

FINANCIAL
DAILY
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MAKE
BETTER
DECISIONS HSBC exits Malaysian
takaful business 1 3 H O M E B U S I N E S S
AFP

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FALLING
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8 HOME BUSINESS

Genting M’sia says

a challenge to
outdoor theme park
opening date still
up in the air
Sapura Energy’s
12 H O M E B U S I N E S S

No reasons for
cash call
Asian central banks Underwriters see
to hike rates in 2019 heightening
12 H O M E B U S I N E S S risks.
MACC denies Gigi Chua &
getting order to Chester Tay
ignore evidence in have the story
Tabung Haji case on Page 5.

TAKING
TAKING A BREAK

BCorp says it is not aware of

The Edge Financial Daily
will be taking a break
in conjunction with the
Christmas holidays.

Vincent Tan’s plans

Publication will
resume on Dec 26.
5 HOME BUSINESS
4 FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
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Airbus shares dip on
reported US graft probe
Le Monde: Firm could face fines of several billion US dollars
PARIS: Shares in European aircraft
maker Airbus tumbled nearly 9%
yesterday after French daily, Le
Monde, reported that it could face
fines of several billion US dollars
under a US corruption inquiry.
The newspaper said the US
Department of Justice (DoJ) had
opened a probe for “improper
practices” at the end of 2017 and
informed Airbus it was under inves-
tigation at the end of the summer.
In a statement, the company
said it was cooperating with the
US authorities.
The inquiry stems from Airbus’
disclosure in early 2016 that it had ne-
glected to inform the authorities about
payments to middlemen in securing
several contracts, in particular in Asia.
A few months later Britain’s Se-
rious Fraud Office opened a fraud,
bribery and corruption inquiry con-
cerning third-party consultants.”
It was cooperating with France’s
Oil cartel to release country
quotas for production cut
DUBAI: The Organisation of the
Petroleum Exporting Countries
(Opec) plans to release a table de-
tailing voluntary output cut quotas
for its members and allies such
as Russia in an effort to shore up
prices, its secretary-general said in
a letter seen by Reuters yesterday.
Mohammad Barkindo said to
reach the proposed cut of 1.2 mil-
lion barrels per day (bpd), the
effective reduction for member
countries was 3.02%.
That is higher than the initially
discussed 2.5% as Opec seeks to
accommodate Iran, Libya and
Venezuela, which are exempted
from any requirement to cut.
He commended Saudi Arabia
for pledging to cut to 10.2 million
bpd from January, a deeper re-
duction than allocated.
Sources had initially said
Opec would not publish indi-
vidual quotas.
“In the interests of openness
and transparency, and to sup-
port market sentiment and con-
fidence, it is vital to make these
production adjustments publicly
available,” Barkindo told mem-
bers in the letter.
“I would urge Your Excellen-
cies to kindly make positive an-
nouncements reinstating your
countries’ commitment to im-
plementing the agreed decisions.
This is also vital to underpin trust
in our decisions and to buttress
ourselves from any naysayers who
may doubt our commitment,” he
said. — Reuters
Financial Prosecutor’s Office, which
has also launched an inquiry into
the deals, it said.
Earlier this year it disclosed that
US authorities had requested in-
formation on the operations being
investigated by Britain and France
“that could fall with US jurisdiction.”
If the DoJ’s inquiry leads to a
criminal court case against Airbus
and it is found guilty of corruption,
it could be excluded from bidding
on international contracts for five
years, Le Monde said.
At around 13.20pm (1220 GMT)
Airbus shares were down more than
5% at €82.34 (RM394), having lost
9.6% at one stage on the Paris stock ex-
change, which was 1.5% lower overall.
The use of middlemen to se-
cure contracts is authorised under
guidelines set by the Organisation
for Economic Cooperation and
Development, as long as they are
clearly identified and their com-
Oil price slumps over 4%
in a year as stock markets sink
BY C HRI S TO P HE R J O HNS O N
LONDON: Oil prices fell over 4%
yesterday, hitting their lowest in
more than a year on worries about
oversupply and the outlook for
energy demand as a US interest
rate rise knocked stock markets.
Equities dropped worldwide
after the US Federal Reserve Sys-
tem (Fed) raised rates and main-
tained most of its guidance for
additional hikes over the next two
years, dashing investor hopes for
a more dovish policy outlook.
US light crude oil fell by
US$2.35 (RM9.82) a barrel, or
4.9%, to a low of US$45.82, be-
fore recovering some ground to
around US$46.60 by 1200 GMT.
North Sea Brent dropped by
US$2.60, or 4.5%, to US$54.64 a
barrel, its lowest since Septem-
ber 2017, and last traded around
US$55.44, down US$1.80.
Both major oil futures con-
tracts rallied sharply on Wednes-
day but are now at or close to their
lowest levels for over 15 months,
more than 30% below multi-year
highs reached at the beginning
of October.
“Oil prices are selling off once
again as market players take their
cues from a rout on global stock
markets,” said Stephen Brennock,
For breaking news updates go to
www.theedgemarkets.com
pensation fully disclosed.
Le Monde reported that Airbus
had recently dissolved its Strategy
and Marketing Organisation De-
partment, whose directors oversaw
the management of middlemen
used to facilitate the deals from
2009 to 2013 being probed.
By showing the authorities it is
taking drastic action in response to
the alleged irregularities, it is hop-
ing the DoJ will join the British and
French inquiries, Le Monde said.
In that case, Airbus might be
able to spread the fine among the
three agencies, instead of facing a
huge US penalty as well as poten-
tially crippling court cases.
If convicted in the US, it would
effectively be shut out of defence
and civil aviation contracts for years
— a boon for its US archrival Boe-
ing as well as China, which wants
to break into the American market,
Le Monde said. — AFP
analyst at London brokerage
PVM Oil.
The Organisation of the Petro-
leum Exporting Countries and
other oil producers including
Russia agreed this month to curb
output by 1.2 million barrels per
day in an attempt to drain tanks
and boost prices.
But the cuts will not happen
until next month, and production
has been at or near record highs in
the US, Russia and Saudi Arabia.
Saudi Energy Minister Khalid
al-Falih said he expected global
oil stocks to fall by the end of the
first quarter, but added that the
market remained vulnerable to
political and economic factors
as well as speculation.
US crude inventories fell by
497,000 barrels in the week to Dec
14, the US Energy Information
Administration (EIA) said, smaller
than the decrease of 2.4 million
barrels analysts had expected.
Distillate stockpiles, which
include diesel and heating oil,
dropped by 4.2 million barrels,
the EIA said, versus expectations
of a 573,000-barrel increase.
Distillate demand rose to the
highest since January 2003, which
bolstered buying, particularly in
heating oil futures, the market’s
proxy for diesel. — Reuters
REUTERS
Apple infringed
Qualcomm
patent, says
German court
BY J Ö R N PO LT Z
MUNICH: A German court
ruled yesterday that iPhone
maker Apple Inc has in-
fringed a hardware patent
of Qualcomm Inc and said the
US company could no longer
sell some iPhone models in
Germany which contain a
particular component.
The ruling will not go into
immediate effect if Apple ap-
peals, Judge Matthias Zigann
told the court.
The German case is Qual-
comm’s third major effort to
secure a ban on Apple’s lu-
crative iPhones over patent
infringement allegations after
similar court efforts in the US
and in China, one of which
resulted in a Chinese court
ordering a ban on sales of
some iPhones there earlier
this month.
In Germany, Qualcomm
is seeking a ban on some iP-
hones with chips from Intel
Corp. The judge ruled that
phones that contain a chip
from Apple supplier Qorvo
Inc violated one of Qual-
comm’s patents around so-
called envelope tracking, a
feature that helps mobile
phones save battery power
while sending and receiving
wireless signals.
Apple, Intel and Qorvo
were not immediately avail-
able for comment outside
regular US business hours.
Qualcomm sued Apple in
the regional court in Munich
in July last year, seeking an in-
junction to halt some iPhone
sales in Germany as well as
monetary damages.
The case is part of a broad-
er court conflict between the
two, in which Apple has al-
leged that Qualcomm en-
gaged in anticompetitive
business practices to protect
a monopoly on so-called mo-
dem chips, which help mobile
phones connect to wireless
data networks.
The US Federal Trade
Commission has also sued
Qualcomm over its business
practices in a case set to go to
trial in California next month.
— Reuters
F R I DAY D EC E MBE R 21, 2018 • T HEED G E FINA NCIA L DA ILY
Falling share price a challenge
to Sapura Energy’s cash call
Underwriters see heightening risks
BY GI GI C H UA & CHESTER TAY
KUALA LUMPUR: Sapura Ener-
gy Bhd’s share price fell below its
rights issue price of 30 sen for two
consecutive trading days. The weak
share price implies the heighten-
ing of underwriting risks among
the three underwriters, namely
Maybank Investment Bank Bhd
(Maybank IB), CIMB Investment
Bank Bhd and RHB Investment
Bank Bhd.
The three investment banks have
entered into an agreement to un-
derwrite 2.5 billion rights shares
that may cost up to RM750 million.
Given that the market price has
fallen below the rights issue price,
investors may be reluctant to sub-
scribe for the group’s five-for-three
rights issue of shares. Sapura Energy
shares closed at 29 sen yesterday,
down half a sen or 1.7%, with a mar-
ket capitalisation of RM1.74 billion.
No thanks to the reverse of the
upward trend on crude oil prices,
Sapura Energy’s share price drifted
to an all-time low of 28 sen shortly
after the opening bell yesterday.
When contacted, Phillip Cap-
ital Management Sdn Bhd chief
investment officer Ang Kok Heng
told The Edge Financial Daily that
since it is cheaper to obtain Sapura
Energy shares on the open market,
investors will have to reconsider
Will Vincent Tan get the green light from BCorp’s board?
BY WONG EE L I N
KUALA LUMPUR: The trading vol-
ume of Berjaya Corp Bhd’s (BCorp)
shares spiked yesterday to 35.19
million shares compared with the
counter’s average of 11.74 mil-
lion shares this year, after its con-
trolling shareholder and executive
chairman Tan Sri Vincent Tan an-
nounced his plan to restructure
his business empire.
The tycoon’s plans include him
selling his 46% shareholding in
7-Eleven Malaysia Holdings Bhd
to his flagship BCorp, which will
then launch a takeover offer to
buy out the remaining shares in
the convenience store operator.
Tan told the media on Wednes-
day that 7-Eleven shares are largely
undervalued. The stock has fallen
below its initial public offering
(IPO) price of RM1.38 when the
company was relisted on Bursa
Malaysia in May 2014.
He added that 7-Eleven should
be worth more than US$1 billion
(RM4.18 billion). Based on a mar-
ket capitalisation of RM4.18 bil-
lion, this will translate into a per
subscribing for the rights issue, for
which the acceptance and payment
date is less than a month away on
Jan 16, 2019.
“Investors, portfolio managers
and underwriters are not like the
company’s owner; they have a dif-
ferent level of loyalty. The owner
may be convinced on the long-term
prospects and doesn’t mind paying a
premium, but for investors like port-
folio managers, they will start to be
pressured if their investments are not
making money for one or two years.
“There is still some time from
now until the deadline for the sub-
scription, so there is still uncertain-
ties there,” said Ang.
According to Ang, there is intra-
day short selling of Sapura Energy
shares, which has added pressure
to its share price.
The group’s cash call is made
up of the five-for-three rights
issue, which is to raise near-
ly RM3 billion, and a rights
issue of Islamic redeema-
ble convertible preference
shares (RCPS-i) at 41 sen,
to raise RM983 million.
So far, Permodalan
Nasional Bhd (PNB), the
group’s second largest
substantial share-
holder, has been
supportive of
the cash call.
share price of RM3.70 — based on
the convenience store operator’s
share capital of 1.129 billion. That
is nearly three times 7-Eleven’s
closing price of RM1.28 yesterday.
If that is the price at which Tan
intends to sell his block of 7-Eleven
shares to BCorp, minority share-
holders of the convenience store
operator are in for a big windfall.
But having to pay such a high pre-
mium may not go down well with
BCorp’s minority shareholders.
For a peer-to-peer comparison,
MyNews Holdings Bhd currently
trades at a price-earnings (P/E)
of 28.8 times, while 7-Eleven is
trading at a P/E of 29.09 times.
According to Bloomberg, there
are five research houses covering
7-Eleven, with three “hold” calls
and two “sell” calls, with target
prices ranging between RM1.15
to RM1.35, which is lower than
the stock’s IPO price.
Tan also revealed on Wednes-
day that the group is in the midst
of sealing a deal to sell its Four Sea-
sons Hotel and Hotel Residences
Kyoto for about US$700 million to
US$800 million for a divestment
In total, PNB will fork out RM2.68
billion for the rights issue of shares
and RCPS-i as it has given the un-
dertaking to subscribe for some
of the unsubscribed shares and
RCPS-i. PNB will become the sin-
gle largest shareholder of Sapura
Energy, holding 40% upon com-
pletion of the rights issue.
Sapura Energy president and
chief executive officer Tan Sri
Shahril Shamsuddin, the single
largest shareholder currently, and
his privately owned vehicle have
raised their commitment to RM400
million from RM300 million initially.
The cash call is an important
part of the group’s recapitalisation
exercise to pare down its huge bor-
rowings of RM14 billion, of which
RM4.59 billion are borrowings from
Malayan Banking Bhd, the parent
of Maybank IB.
Sapura Energy’s other
senior executives have
also given their under-
taking in writing for at
least RM15.6 million
subscription of the
rights issue.
Ang: Investors, portfolio
managers and underwriters are
not like the company’s owner;
they have a different level
of loyalty. The Edge
file photo
BCorp says it is not aware of chairman’s plans
BY WO NG E E LI N
KUALA LUMPUR: The board of
Berjaya Corp Bhd (BCorp) says it
is not aware of the restructuring
plans announced by executive
chairman Tan Sri Vincent Tan.
The board has not deliberated
on any of the plans disclosed to
the media by Tan on Wednes-
day, BCorp said in a filing with
gain of US$400 million.
This will result in BCorp having
an expanded war chest to buy out
7-Eleven, after the sale of the ho-
tel in Kyoto.
According to BCorp’s latest bal-
ance sheet ended July 31, 2018,
the diversified group has net debts
of RM4.18 billion, with cash and
equivalents of RM1.62 billion, while
borrowings totalled RM5.8 billion.
Tan, however, did not mention
any intention to pare down BCorp’s
borrowings.
HOME BUSINESS 5
Sapura Energy Bhd
Vol (mil) RM
800 1.5
700
1.2
600
500 0.9
400
300 RM0.29 0.6
200
0.3
100
0 0
Nov 28, 2017 Dec 20, 2018
JF Apex Securities senior analyst
Lee Cherng Wee noted that Sapura
Energy’s long-term prospects are
positive given the slew of contracts
that it has recently secured.
In view of that, investors may
tend to wait until the group shows
concrete profit figures instead of
diving into the stock now.
“Sapura Energy’s long-term
prospects are better; their earnings
are expected to recover maybe by
the end of next year. So investors
do not feel the need or urgency
to buy shares now. They can wait
for more clarity and buy later, in-
stead of bearing the premium to
subscribe for the rights issue, and
currently the oil price is not so
Bursa Malaysia yesterday.
The plans, which include the
delisting of 7-Eleven Malaysia
Holdings Bhd and Berjaya Land
Bhd, are Tan’s personal idea and
strategies, the group added.
Tan had also announced that
the group is in the midst of seal-
ing a deal to sell off its Four Sea-
sons Hotel and Hotel Residences
Kyoto in Japan.
What he did remark on instead
was that the market has not given
the decent valuation that BCorp de-
serves as a diversified conglomerate.
It is worth nothing that the Sime
Darby group undertook a restruc-
turing exercise just last year to
break up the diversified conglom-
erate into three separate listed en-
tities — namely Sime Darby Plan-
tation Bhd, Sime Darby Property
Bhd and Sime Darby Bhd — so that
each of its business will be valued
fairly. And such structure will offer
good as well,” he said.
That said, Lee has a “buy” call on
Sapura Energy, with a target price
of 50 sen.
Hong Leong Investment Bank
research analyst Sean Lim also said
Sapura Energy’s long-term pros-
pects remain intact, provided the
group manages to deleverage its
balance sheet.
“So far, Sapura Energy’s job pros-
pects remain intact, and things may
get better in the long term after they
deleverage,” he said. Lim also has a
“buy” call on the group with a target
price of 41 sen.
Apart from the rights issue and
RCPS-i, Sapura Energy is also selling
50% of its upstream business, Sapura
Upstream Sdn Bhd, to Austria-based
OMV Aktiengesellschaft, raising
US$890 million (RM3.72 billion)
cash and contingency funds of up to
US$30 million in relation to Sapura
Energy’s Block 30 exploration asset
in Mexico.
Sapura Energy plans to utilise
US$720 million to partly repay its
debt. Another US$160 million will
be used as working capital after set-
ting aside about US$10 million for
the exercise.
If all pans out as planned, includ-
ing the cash call, Sapura Energy will
have the chance to reap the fruits.
Will minority shareholders lend a
helping hand?
BCorp, in its filing, said it is
still in negotiations with potential
buyers on the possible sale of the
Kyoto asset and has not entered
into any definitive agreement.
Shares of BCorp closed half a
sen or 1.82% higher at 28 sen yes-
terday, with 35.19 million shares
exchanging hands. The group’s
market capitalisation stood at
RM1.37 billion.
investors direct exposure.
Tan seems to be doing the op-
posite by getting BCorp to buy out
two listed entities — 7-Eleven and
Berjaya Land Bhd (BLand).
BCorp may also be carving out
the hotel assets from BLand, in
which it controls a 70.32% stake,
and to float the assets in Singapore,
which, according to Tan, is one of
the ideas the group is exploring.
The news boosted BLand’s share
price up three sen or 16.7% yes-
terday, to close at 21 sen.
8 HOME BUSINESS
Genting M’sia: Outdoor theme
park opening still up in the air
The group is still considering various options for it
BY JU S T I N L I M
KUALA LUMPUR: The opening
date of Genting Malaysia Bhd’s
most anticipated new outdoor
theme park is still up in the air,
as the group is still considering
various options for it.
It clarified in a stock exchange
MAHB eyes
RM1b in future
investments
for infra
development
PETALING JAYA: Malaysia Airport
Holdings Bhd (MAHB) is expecting
RM1 billion worth of future invest-
ments from third party investors in
the next three to five years from its
investment in infrastructure devel-
opment between 2018 and 2020.
General manager of land develop-
ment Randhill Singh said the airport
operator is investing RM150 million
during the three-year period for the
development of infrastructure in its air
cargo and aerospace segment, which
would also generate about 3,200 jobs.
“We have started this year. These
third-party investors are expected to
build the facilities, as well as put in
the suitable system and technology.
“The jobs to be created are most-
ly high-value technical jobs,” he
told reporters after MAHB’s busi-
ness update and outlook briefing
here, yesterday.
He said about RM40 million from
the total investment has been allocat-
ed for the development of the Subang
Aerotech Park, with a total gross de-
velopment value of RM400 million.
Randhill said the park will be de-
veloped together with a strategic
delivery partner, to be announced
early next year.
He said the investment also in-
cludes the maintenance, repair and
operations development for hanga-
rage in the Kuala Lumpur Interna-
tional Airport as well as the Digital
Free Trade Zone which is an ongo-
ing investment, in which MAHB had
spent close to RM80 million in capital
expenditure to date.
Of the RM150 million, internally
generated by the airport operator,
Randhill said about RM60 million
has been spent for the infrastruc-
ture development at the KLIA and
Subang Aerotech Park.
As for the RM1 billion in future
investment expected, Randhill said
more than 50% was expected to come
from foreign investors, comprising ex-
isting and new investors. — Bernama
filing yesterday that “the opening
date of the outdoor theme park
is dependent on the options to
be pursued by Genting Malaysia”.
Nevertheless, it said the out-
door theme park remains part of
the group’s growth plans.
The statement came amid me-
dia reports that the group’s outdoor
EDITOR’S PICKS FROM
theedgemarkets.com
Aeon Credit’s 3Q net profit up 23.5% as revenue improves
BY JUSTIN LIM
KUALA LUMPUR: Aeon Credit
Service (M) Bhd’ net profit rose
23.5% to RM87.14 million in the
third financial quarter ended Nov
30, 2018 (3QFY19) from RM70.55
million a year ago, as revenue im-
proved on stronger interest in-
come, profit revenue, finance
charges and fee income.
Revenue grew 11.6% to RM348.50
million from RM312.34 million a
year ago. Earnings per share rose to
33.35 sen from 28.74 sen, its bourse
filing yesterday showed.
The group’s impairment loss on
financing receivables in 3QFY19
was also lower at RM61.51 million
versus RM86.49 million a year ago.
Funding cost for the quarter
under review, however, was higher
EA Technique bags vessel supply contracts worth RM94.5m
BY JUSTIN LIM
KUALA LUMPUR: EA Technique
(M) Bhd has bagged two contracts
for the supply and operation of
vessels worth a total of RM94.5
million, according to the group’s
stock exchange filings yesterday.
The first is a contract from Petro-
liam Nasional Bhd worth RM66.3
million to provide and operate two
units of 40-tonne bollard pull har-
bour tugs for Kertih Port Sdn Bhd,
and one harbour tug-cum-sup-
port vessel for Petronas Penapisan
Another YFG construction contract terminated by Atta Group
BY AR JUNA CHAN DRAN S HANK AR
KUALA LUMPUR: Practice Note
17 company YFG Bhd said Atta
Group Global Bhd has terminat-
ed a RM30 million construction
contract that was offered to the
group due to corporate and per-
sonal guarantee issues.
YFG said its subsidiary, YFG
Engineering Sdn Bhd (YFGE), was
theme park in Genting Highlands
would be completed and opened
in early 2019 despite an ongoing
multi-billion-ringgit legal battle
with Walt Disney Co (Disney) and
Twenty-First Century Fox (Fox).
Genting is suing Disney and Fox
for US$1 billion (RM4.18 billion)
for terminating an agreement for
than the year-ago’s corresponding
quarter, mainly due to higher bor-
rowings in line with the growth of
receivables. The nominal value of
borrowings as at end-November
was RM6.348 billion versus RM5.513
billion as at end-November last year.
For the cumulative nine months
(9MFY19), Aeon Credit’s net profit
rose 22.6% to RM267.01 million from
RM217.75 million in the same period
last year, while revenue rose 8.68%
to RM1.01 billion from RM925.95
million.
The group said its gross financing
receivables rose 15.4% to RM8.31
billion as end-November, compared
with RM7.20 billion as at end-No-
vember last year. Net financing re-
ceivables after impairment rose to
RM7.737 billion from RM7.034 bil-
lion. Non-performing loans ratio
(Terengganu) Sdn Bhd.
The five-year contract, which
comes with two extension options
one year each (5+1+1), was secured
via a letter of award dated Nov 29.
The second contract, worth
RM28.2 million, is from Sungai Udang
Port Sdn Bhd for the provision of a
40-tonne bollard pull harbour tug,
one multi-purpose mooring boat,
and two 60-tonne bollard pull har-
bour tugs. The contract was secured
via a letter of award dated Dec 10.
This contract is for a primary period
of two years, with an option to extend
served the notice of termination by
Atta Group Global’s subsidiary, Sung-
guh Gemilang Development Sdn Bhd.
The contract was for the construc-
tion of 112 units of 14-storey apart-
ments and eight units of three-storey
terrace houses in Butterworth.
“The notice of termination was
served to YFGE owing to corporate/
personal guarantee issues which
currently affect the progress and
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
a Fox World theme park in Gent-
ing Highlands.
The group alleged that Fox had
aborted the deal as Disney sought
to avoid association with gaming
operations that were incompatible
with its family-friendly strategy, a
claim that both Fox and Disney had
denied. Disney is in the midst of
retreated to 2.05% from 2.48%.
Other income was recorded at
RM27.999 million for 3QFY19, and
RM105.574 million for 9MFY19,
mainly comprising bad debts re-
covered, commission income from
the sale of insurance products and
loyalty programme processing fees.
Aeon Credit said total transaction
and financing volume in 3QFY19 in-
creased 49.5% year-on-year (y-o-y) to
RM1.488 billion, whereas 9MFY19’s
rose 26.4% y-o-y to RM3.887 billion.
On prospects, Aeon Credit ex-
pects to be able to maintain its finan-
cial performance for its FY19 ending
Feb 28, based on the scheduled im-
plementation of its business plan.
Aeon Credit shares closed up 20
sen or 1.4% at RM14.84 yesterday,
bringing a market capitalisation of
RM3.70 billion.
for another one — except for one of the
60-tonne bollard pull harbour tugs,
which has a primary contracted pe-
riod of six months, with an extension
option of another six months.
“These contracts are expected to
contribute positively to the earn-
ings and net tangible assets of EA
Technique for the financial year
ending Dec 31, 2019, and beyond,”
EA Technique said in the filings.
The group’s shares closed 1.5 sen
or 4.55% lower at 31.5 sen yesterday,
giving it a market capitalisation of
RM158.76 million.
sub-contractor of the project on the
part of Sungguh Gemilang,” YFG
said in a filing with Bursa Malaysia.
On Dec 14, YFG announced that
YFGE received a similar notice of
termination by another Atta Group
Global subsidiary, Atta Properties
Sdn Bhd.
This RM40 million contract
pertains to the construction of a
23-storey building in Jalan Sultan
acquiring Fox for US$71.3 billion.
Genting Malaysia shares contin-
ued to rise yesterday on continued
optimism on the news of the theme
park opening. It rose two sen or
0.65% to close at RM3.08, valuing
the company RM16.8 billion. On
Wednesday, the stock closed 23
sen or 8.13% higher at RM3.06.
Finance Ministry
allocates
RM77m to
Felda settlers
BY G IG I C H UA
KUALA LUMPUR: The finance
ministry (MoF) has provided
a special allocation of RM77
million to assist settlers of
the Federal Land Develop-
ment Authority (Felda) to set-
tle overdue payments in the
current year.
In a statement yesterday,
Finance Minister Lim Guan
Eng said the ministry has not-
ed Felda’s critical cash flow is-
sue this year, which has come
to the attention of Prime Min-
ister Tun Dr Mahathir Mo-
hamad who then directed the
assistance to be given.
The allocation of RM77 mil-
lion is to assist Felda settlers to
settle outstanding payments,
which include mortality pay-
ments totalling RM1.2 million
to beneficiaries of 120 deceased
settlers, payment of arrears to
Felda Technoplant Sdn Bhd for
the land development opera-
tion of RM43 million, as well
as subsistence and advances
for replanting amounting to
RM32.8 million for the benefit
of 38,000 people.
The MoF will channel the
money to the economic affairs
ministry as it regulates Felda.
Azlan Shah, George Town featuring
62 apartments and 38 office units.
It was terminated due to “some
legal and financial issues which
currently affect the progress and
sub-contractor of the project on
the part of Atta Properties.”
YFG’s share price was last trad-
ed at half a sen, giving the group
a small market capitalisation of
RM3.045 million.
10 H O M E B U S I N E S S
IDEAS: Govt should
ratify CPTPP for viable
economic progress
This ‘high quality agreement’ will benefit Malaysia
BY SA M A N THA TA N
KUALA LUMPUR: Malaysia should
ratify the Comprehensive and Pro-
gressive Agreement for Trans-Pa-
cific Partnership (CPTPP) to ensure
sustainable economic development
in the future, says the Institute for
Democracy and Economic Affairs
(IDEAS).
IDEAS chief executive officer
Ali Salman described the pact as a
high-quality agreement that would
benefit Malaysia because historically,
the country’s economic growth was
largely driven by trade openness rath-
er than infrastructure developments.
“Malaysia’s economic growth is
largely driven by its open trade poli-
cy,” he told Bernama after presenting
a talk, themed Malaysian Economic
Policy under the New Government
at the policy briefing and network
gathering programme hosted by the
Embassy of Norway here recently.
Deemed a vehicle for regional
economic integration, CPTPP has
been renamed from Trans-Pacific
Partnership Agreement (TPPA) after
the United States (US) under Presi-
dent Donald Trump withdrew from
it in January 2017.
The pact will enter into force at
year-end as seven member countries,
namely Australia, Canada, Japan,
Mexico, New Zealand, Singapore
and Vietnam have ratified it. Cur-
rently, only Brunei, Chile, Peru and
Malaysia have not ratified the pact.
The CPTPP is a trade agreement
among 11 countries that have po-
tential access to a region of over 500
million consumers with a combined
gross domestic product (GDP) of
US$10 trillion (RM41.8 trillion)
Ali said Malaysia had been
part of the global value and sup-
ply chains, part of the internation-
al trade agreements as well as a
member of the World Trade Or-
Felda gets MACC review report
on shelved fish farming project
BY G I G I CHUA
KUALA LUMPUR: The Federal Land
Development Authority (Felda)
says that it received a visit from the
Malaysian Anti-Corruption Com-
mission (MACC) on Tuesday fol-
lowing the anti-graft body’s review
of Felda’s shelved fish farming pro-
ject, “Project Caviartive”.
The review is part of the com-
mission’s effort to help government
agencies heighten governance and
Ali: The latest form of CPTPP
provides reasonable guarantees
for national governments to
protect their own interests.
ganisation (WTO) since Jan 1, 1995.
This has made possible for Ma-
laysian firms to be part of the global
production system, he added.
“Not just for this reason but also
because CPTPP requires the Malay-
sian government to be more open,
more transparent and more compet-
itive and have positive pressure on
the government-linked companies
(GLCs) sector,” he said.
Ali noted that it was important for
Malaysia to ratify CPTPP, consider-
ing the pact was not just about trade
agreement but also about economic
regulation and good governance.
“We believe it is beneficial for Ma-
laysia to be part of this. There are
concerns like national sovereignty
but I think these concerns are not
valid, and the latest form of CPTPP
provides reasonable guarantees for
national governments to protect their
own interests,” he explained.
On the issue of protectionism,
Ali said privately owned firms were
already open to competition and
were not protected.
However, on the other hand, GLCs
and their subsidiary companies were
subjected to protection, he noted.
“We feel that if we open up, for
management standards, Felda said
in a statement yesterday. A report of
the review was also passed to Felda.
“Many of the suggestions made
especially in the areas of policy, in-
vestment procedures and risk man-
agement had already been acted
upon following the appointment
of Felda’s new board since end of
July, 2018.
“Prior to this, Felda had already
established its integrity unit. Felda
is thankful to MACC for its diligent
THE EDGE FILE PHOTO
example in services, we may not be
able to retain monopoly. Malaysia
happens to be a country where the
cost of Internet is high with worst
quality. This is monopoly. So, we have
not been able to bring the best out of
it, given the protectionism despite
relatively well-managed corporate
governance structure,” he said.
Ali pointed out that the new gov-
ernment was committed to reduce
government ownership of equities.
He said the top 100 GLCs in the coun-
try had over 68,000 subsidiaries.
He said in order to raise the
country’s revenue, there was a need
to create space for the private sec-
tor and more efficiently reallocate
assets the government needed to
pursue a programme to reduce
the number of GLCs, adding that
this could be done in a manner
consistent with the stated social
objectives.
“The government needs to pur-
sue a programme of reform such
as to identify GLCs with legitimate
function and improve governance
and also explore options for respon-
sible privatisation, including social
enterprise and employee buyouts,”
he added. — Bernama
findings, as all these contribute to
enabling greater professionalism
and higher standards of integrity
within the organisation,” Felda add-
ed without providing further details.
According to news reports, the Au-
ditor-General’s (A-G)2015 report led
MACC to initiate a probe on the pro-
ject. In the A-G’s report, Felda’s Felda
Caviartive Sdn Bhd spent RM47.6
million on the fish farming project
but the returns were not realised due
to suspension of the project.
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
Cagamas’ issuances
hit RM15.8 billion,
highest in 10 years
BY G I G I C H UA
KUALA LUMPUR: Cagamas Bhd,
the National Mortgage Corpo-
ration of Malaysia, has issued
RM15.8 billion worth of aggre-
gate issuances in 2018, the high-
est in the past 10 years.
The tally was achieved after
its latest combined RM1.4 bil-
lion bond and sukuk issuance
to raise proceeds to fund the
purchases of mortgage loans and
Islamic home financing from
the domestic financial system.
The latest issuance compris-
es RM800 million Conventional
Medium Term Notes (CMTNs),
RM400 million Islamic Medium
Term Notes (IMTNs), RM100
million Conventional Commer-
cial Papers (CCPs) and RM100
million Islamic Commercial Pa-
pers (ICPs).
The CMTN and IMTNs issued
will mature in one year, while
the CCPs and ICPs issued are
tenured six months, Cagamas
said in a statement yesterday.
Cagamas chief executive of-
ficer Datuk Chung Chee Leong
said the overall 2018 issued by
the company marked an in-
crease of over RM400 million
from the year before, despite a
reduction in the primary sup-
ply of local currency corporate
bonds within the domestic mar-
ket of more than 10% year-on-
year.
“2018 was filled with many
significant events and surprises
DPI Holdings’ IPO
oversubscribed by 23 times
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: The public
portion of ACE Market-bound
DPI Holdings Bhd’s initial public
offering (IPO) has been oversub-
scribed by 23 times.
The Johor-based aerosol
paints producer said it received
7,368 applications for 585.2
million shares worth a total of
RM146.3 million for the public
tranche of 24.3 million shares.
“The oversubscription from
the Malaysian public and the
overwhelming take-up from in-
vestors for the private placement
portion is a huge vote of confi-
dence in our business model,
and the growth potential dis-
played by DPI,” DPI executive
chairman and managing director
Peter Chai @ Choy Mui Seng said
in a statement yesterday.
He said with local and inter-
national demand for aerosol
paints on the rise, the compa-
ny is looking towards doubling
its production capacity in order
to meet the anticipated increase.
DPI intends to construct a
new factory with four new ful-
ly-automated aerosol filling
domestically as well as globally,
with a change in government
for the first time in six decades
and continued geopolitical un-
certainties that caused spikes in
volatility throughout the year.
“Despite some concerns of
Malaysia’s debt levels, the com-
pany’s issuances were well ab-
sorbed at competitive levels,
which evidenced continued re-
silience and strength of the do-
mestic markets as well as inves-
tor confidence in the company’s
credit profile.
“We remain optimistic as we
usher in 2019 and will continue
to fulfil our mandate as inter-
mediation between the capital
market and the Malaysian hous-
ing sector,” Chung said.
As for the latest issuance,
which will be redeemed at their
full nominal value upon maturi-
ty, are unsecured obligations of
Cagamas, ranking the same rate
among themselves and with all
other existing unsecured obliga-
tions of the company. They will
be listed and be tradable under
the Scripless Securities Trading
System, Cagamas added.
Cagamas was established
in 1986 to promote the broad-
er spread of home ownership
and growth of the secondary
mortgage market in Malaysia.
It issues corporate bonds and
sukuk to finance the purchase
of housing loans from financial
institutions and non-financial
institutions.
lines, as well as upgrade the
production lines in the exist-
ing plant into fully-automated
aerosol filling lines. The new
factory would be adjacent to the
existing plant.
“The group had submitted its
building plans to the relevant
authorities and is now awaiting
approval to begin construction
of the new plant. Barring un-
foreseen circumstances, pro-
duction in the new factory is set
to commence in the first half of
2020,” it said.
DPI is scheduled to be list-
ed on Jan 7. Its IPO entails the
issuance of 126.5 million new
shares at 25 sen per share, to
raise RM31.6 million in pro-
ceeds.
Of this, RM23.5 million would
be used for capital expenditure
towards expansion of production
capacity, RM3 million for exten-
sion of consumer reach through
marketing and advertising activ-
ities, and RM1.3 million for de-
velopment of new product range.
Affin Hwang Investment Bank
Bhd is the principal adviser, spon-
sor, underwriter and placement
agent for the IPO exercise.
12 H O M E B U S I N E S S
No reasons for Asian central
banks to hike rates in 2019
Unless a new bout of currency weakness forces them to do so
BY M A R IU S ZA H A RI A
HONG KONG: Weaker economic
growth and tepid price pressures
in Asia will leave regional central
banks with few reasons to tighten
policy next year — especially as US
rate increases slow — unless a new
bout of currency weakness forces
them to do so.
The US Federal Reserve (Fed)
on Wednesday raised rates for the
fourth time this year, as expected,
but signalled a slower pace of hikes
in 2019 than it previously projected.
The Fed’s policy outlook is a ma-
jor factor driving emerging curren-
cies in Asia and a less aggressive
rate outlook next year generally
eases foreign exchange selling
pressure in economies like Indo-
nesia, the Philippines and India.
Central banks in these countries
hiked rates repeatedly this year
to mitigate portfolio outflows and
moderate inflation.
Subdued inflation
Yesterday, Bank of Japan kept
monetary policy steady and cen-
tral banks in Taiwan and Indonesia
were expected to do the same at
their respective meetings.
“What we forecast for Asia next
year is based on the fact that the
Fed is going to be more dovish and
we have the same view after last
night (Wednesday): There’s much
less pressure to tighten,” said Irene
Cheung, Asia strategist at Australia
and New Zealand Banking Group.
A long pause in Asian central
bank tightening could facilitate
more inflows into Asian bonds and
offer some respite to smaller-sized,
low-margin borrowers across South
and Southeast Asia.
Currency risks aside, there are
almost no arguments for central
bank rate hikes.
The International Monetary
Fund (IMF) expects Asia’s econom-
ic growth to slow to 5.4% next year
from 5.6% in 2018. But its Asia-Pa-
cific director Changyong Rhee told
Reuters on Tuesday a further down-
grade was possible at the IMF’s next
review in January.
Economists say China could lose
a full percentage point of econom-
ic growth next year if the current
ceasefire in the trade war between
Washington and Beijing falls apart
and higher tariffs imposed in 2019.
The rest of Asia could take a sim-
ilar hit, given the region’s heavy
reliance on China for trade and
investment.
A depressed growth outlook will
weigh on inflation, diminishing the
Malaysia
hiked its rate
in January to
curb household
debt rather
than inflation.
Photo by
Bloomberg
argument for rate hikes.
Consumer prices have been sur-
prisingly stubborn this year, despite
double-digit currency declines in
June-July and an almost 40% jump
in the price of oil in the year to Oc-
tober, which has since completely
reversed.
Good news for bonds
The only major Asian economy
where consumer price growth has
accelerated this year is the Phil-
ippines, which posted 6% annual
inflation in November. However,
inflation there is widely expected to
fall back in line over the coming year.
“Inflation has been remarkably
subdued across most of Asia this
year, barely responding to weaken-
ing exchange rates and, for a while,
soaring oil prices,” said Frederic
Neumann, co-head of Asia eco-
nomics research at HSBC.
“Central bankers need to be
careful about tightening further.
If anything, policy may need to be
MACC denies getting
order to ignore evidence
in Tabung Haji case
KUALA LUMPUR: The Malay-
sian Anti-Corruption Com-
mission (MACC) has denied
allegations it received instruc-
tions to ignore evidence and
threaten potential witnesses in
the investigations into the case
involving a senior member
of the Lembaga Tabung Haji
board.
In a statement yesterday,
the commission stressed that
it had always acted profession-
ally and abided by the rule of
law in the investigations, with-
out any influence from any
party.
“Arrests or detentions by the
MACC are meant to help in in-
vestigations, which are based
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
loosened in some places. China
is one example, but more places
may follow in 2019 once the risk
of excessive exchange rate swings
dissipates,” he said.
A slowdown in inflation and few-
er rate hikes — most economists
now see one to two more in Indo-
nesia and the Philippines, if any —
are good news for regional bonds.
Already the last two to three
months have seen investors return-
ing to Asian debt, signalling central
banks may have done enough to
adjust risk premiums.
The Philippine peso and the
Indonesian rupiah are still down
5-6% year to date, while the Indian
rupee is off 9%. These currencies,
however, have bounced 5-6% off
their troughs already.
The Philippines and Indonesia
have hiked five and six times, re-
spectively, this year by a total of 175
basis points (bps) each, while India
has hiked twice by a total of 50bps.
Thailand raised its benchmark
rate for the first time in seven years
on Wednesday but signalled it had
no plans for further hikes anytime
soon. Malaysia hiked once in Janu-
ary and South Korea once at their
last meeting. Moves by all three
central banks, however, were aimed
at curbing household debt rather
than inflation.
In Thailand’s case, there are
growing concerns that more hikes
could dent its car sector, a rare
bright spot in its economy. South
Korea, one of the world’s hottest
property markets, is now showing
signs of cooling. — Reuters
on solid evidence.
“The MACC always observes
the standard operating proce-
dure, laws and set regulations
in carrying out investigations
in a transparent, independ-
ent and professional manner
without bias to any individual
or organisation to cleanse the
country of bribery, misuse and
abuse of power,” it said.
The MACC added that it
would not release any infor-
mation on the outcome of the
investigations and would only
submit the investigation pa-
pers to the Attorney-General’s
Chambers as the public pros-
ecutor to make a professional
decision. — Bernama
Silva is new
deputy CEO of
MIDF Amanah
BY J US T IN L IM
KUALA LUMPUR: Former
head of investments of Khaz-
anah Nasional Bhd, Datuk
Dominic Silva (pic), will as-
sume the role of deputy chief
executive officer (CEO) at
MIDF Amanah Investment
Bhd on Jan 7 next year.
In a statement yesterday,
Malaysian Industrial Devel-
opment Finance Bhd (MIDF)
said Silva is a well-known cor-
porate figure.
He has worked in areas like
banking, finance and invest-
ments, strategic management,
business building and finan-
cial sector development, be-
sides cross-border investing,
risk and portfolio manage-
ment, and corporate restruc-
turing, it said.
“I have had the pleasure of
working with Datuk Dominic
over the years as my client,
shareholder and colleague and
am thrilled that he is joining
the MIDF group.
“He brings gravitas and
decades of front-line experi-
ence to our investment bank-
ing franchise and I am sure he
will take us to new heights. All
of us here look forward to his
arrival and to the new ideas
that he will bring,” said MIDF
group managing director Da-
tuk Charon Mokhzani.
Silva was most recently a
director of DMY Capital. Until
2017, he was the head of in-
vestments at Khazanah, where
he was also an executive di-
rector for nine years.
Prior to this, MIDF said Sil-
va spent over 10 years with
ABN Amro Bank (later known
as Royal Bank of Scotland) in
various positions (including
in structured finance, credit,
and as head of coverage for fi-
nancial institutions and public
sector, Asia-Pacific and Middle
East) in Kuala Lumpur, Singa-
pore, Amsterdam and Hong
Kong, where his last post was
as head of commercial, Asia.
He has also served on the
boards of Astro Holdings Sdn
Bhd (Malaysia), various banks
and companies in the CIMB
Group, the Infrastructure De-
velopment Finance Co Ltd of
India, and several other no-
table organisations, MIDF
added.
Silva has a masters in re-
search (business) from the
University of Liverpool, and
a master of arts in banking &
finance from the University
of Wales.
FRIDAY DECEMBE R 21 , 20 1 8 • THEED G E FINA NCIA L DA ILY
HSBC exits M’sian
takaful business
It is selling its 49% stake in HSBC Amanah Takaful to FWD
KUALA LUMPUR: HSBC Holdings
plc is selling its 49% stake in HSBC
Amanah Takaful (Malaysia) Bhd,
held via indirect wholly-owned
unit HSBC Insurance (Asia Pacific)
Holdings Ltd, as the banking group
has decided to exit the takaful man-
ufacturing business and focus on
its banking operations in Malaysia.
The banking group is selling the
stake to FWD Life Insurance Com-
pany (Bermuda) Ltd, a subsidiary of
Hong Kong-based FWD Ltd. FWD
is owned by tycoon Richard Li.
Speculation about the deal sur-
faced in August this year, when
Reuters reported, citing people fa-
miliar with the deal, that FWD
has agreed to take up the stake
as part of its plan to expand its
presence in Asia.
The transaction has been ap-
proved by the finance ministry,
via Bank Negara Malaysia, and is
expected to be completed in the
first half of 2019, the banking
group announced in
a statement yester-
day. The remaining
equity stake in the
joint venture takaful
Malaysia attracted RM139.3b
investments in first nine months
BY A R J U N A C H A ND RA N SHANKAR
KUALA LUMPUR: Malaysia attract-
ed RM139.3 billion in approved
investments in the manufactur-
ing, services and primary sectors
in the first nine months of 2018, a
rise of 18% from RM118.1 billion
during the same period last year.
The Malaysian Investment
Development Authority (Mida),
which announced this in a state-
ment yesterday, said the invest-
ments covered 3,243 projects and
are expected to create 93,379 job
opportunities in the country.
Mida said Malaysia saw a
109.7% increase in foreign direct
investment (FDI) during the Janu-
ary to September period this year
to RM64.1 billion, from RM30.55
billion in the same period last year,
due mainly to the 249.4% growth
recorded in the manufacturing
sector.
“Approved FDI in the prima-
ry sector also rose by 99.3%. This
indicates that investor confidence
in Malaysia remains high despite
the challenging global economic
environment.
“Meanwhile, domestic invest-
ments led with RM75.2 billion,
contributing 54% to the total ap-
business is owned by JAB Capital
Bhd (formerly known as Jerneh
Asia Bhd) (31%) and the Employees
Provident Fund (20%), according to
HSBC Amanah Takaful’s website.
“We have decided to exit the
takaful manufacturing business
and focus on our banking opera-
tions in Malaysia. This transaction
relates only to a change in owner-
ship for the takaful joint venture.
For the HSBC Group, the transac-
tion does not have any impact on
our current businesses in Malaysia,
comprising HSBC Bank Malaysia
Bhd and HSBC Aman-
ah Malaysia Bhd.
“Malaysia re-
mains a key insur-
ance distribution
market for us and
we will continue
to support the in-
surance needs of
our customers
proved investments in all three
sectors,” the agency said.
Mida also highlighted that the
manufacturing sector saw an in-
crease of 70.5% in capital invest-
ments for the first nine months of
2018 with a total of 468 projects
worth RM59.1 billion, compared
with RM34.6 billion stemming
from 463 projects for the same
period in 2017.
Foreign investments approved
in the manufacturing sector re-
corded a total of RM48.8 billion
from January to September, a rise
of 249.4% from RM13.9 billion in
the same period last year.
China accounted for RM15.6
billion or 32% of total foreign in-
vestments, followed by Indonesia
(18.4%), the Netherlands (17%),
the US (6.3%), South Korea (4.9%)
and Japan (4.3%).
Approved investments in
the services sector, meanwhile,
amounted to RM69.9 billion in the
first nine months of 2018, com-
pared with RM74.2 billion in the
same period of 2017, consisting of
2,721 projects, which are expected
to create 50,896 job opportunities.
Domestic investments made
up the largest portion, recording
RM60.4 billion or 86.45% of the
through our insurance partners,”
said HSBC Bank Malaysia chief
executive officer Stuart Milne in
the statement.
Malaysia, the bank said, is one
of eight scale markets for the HSBC
Group, which means it aspires to be
one of the leading domestic banks
in that market.
“HSBC remains highly commit-
ted to Malaysia and to retaining our
position as a leading international
financial institution in the country.
We have a long history in the coun-
try and plan to continue serving
our customers and investing in our
people, network and businesses.
“HSBC Bank Malaysia’s ongo-
ing US$250 million (RM1.04 bil-
lion) investment to construct its
new Malaysian headquarters in
the new financial hub of TRX City
underscores our commitment to
developing our business in Ma-
laysia,” the bank stressed.
Milne: Malaysia remains a key insurance
distribution market for us and we will
continue to support the insurance needs
of our customers through our insurance
partners. Photo by Sam Fong
total approved investments for the
services sector during this period.
The balance of RM9.5 billion was
from foreign sources, said Mida.
“The services sub-sectors that
showed increase in approved in-
vestments were healthcare, edu-
cation, global establishments, real
estate, and supporting services,”
it said.
Mida said the government will
ensure that the Malaysian econ-
omy remains on a sustainable
growth trajectory by providing a
conducive and favourable envi-
ronment to attract investors and
businesses.
“Quality FDI continues to as-
sume an important role in the de-
velopment of Malaysia due to its
multiplier impact on the econo-
my,” it said.
“The strong presence of foreign
investments in the manufacturing
sector, in particular, has helped to
enlarge the market through the
growth of the local supply chain
ecosystem and related services
industry.
“Mida continues to urge indus-
tries to leverage on growing oppor-
tunities by embracing advanced
technology to enhance productiv-
ity and competitiveness,” it added.
H O M E B U S I N E S S 13
Yinson 3Q net profit more than
halves on higher expenses
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Yinson Hold-
ings Bhd’s net profit more than
halved to RM43.4 million in the
third quarter ended Oct 31, 2018
(3QFY18) versus RM91.16 million
in the previous year, no thanks to
higher expenses and finance costs.
Consequently, earnings per
share tumbled to 3.97 sen com-
pared to 8.38 sen previously, de-
spite revenue rising marginally to
RM265.58 million from RM263.12
million, the group’s stock exchange
filing yesterday showed.
Notably, the group’s admin-
istrative expenses jumped to
RM88.87 million from RM28.47
million a year ago, while direct
expenses rose 11.2% to RM104.32
million from RM93.78 million;
finance costs rose 44.4% to
RM43.55 million from RM30.16
million.
For the cumulative nine months
ended Oct 31, net profit fell 24% to
RM177.5 million from RM235.04
KKB gets supplementary contract
to supply steel pipes for RM46.7m
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: KKB Engineer-
ing Bhd’s unit Harum Bidang Sdn
Bhd has secured a supplementary
contract for the supply and delivery
of concrete-lined mild steel pipes
and mechanical couplings worth
an estimated RM46.7 million.
The contract, which was award-
ed by CMS Infra Trading Sdn Bhd
(CMSIT), a unit of Cahya Mata Sar-
awak Bhd, entails the supply and
delivery of the pipes to JKR Central
Unallocated Stores in Tanah Puteh,
Three new power plants to be
built in Pahang
KUANTAN: Three new power plants
will be built in stages in Pahang next
year, in line with the state govern-
ment’s efforts to promote green
technology and renewable energy
in the state.
Pahang’s Science, Green Tech-
nology, Communications and Mul-
timedia committee chairman Datuk
Mohammad Fakhruddin Mohd Ar-
iff said the plants will be located in
Gambang, Pekan and Gebeng.
DNeX seeks to exit Bangladesh
power plant unit
BY ARJ U N A C H A N D R A N S H A N K A R
KUALA LUMPUR: Dagang Nex-
change Bhd (DNeX) plans to sell
its 51% stake in Forward Energy
Sdn Bhd (FESB) to FESB managing
director Datuk Azmi Abdullah for
a nominal sum of RM1.
Azmi and his wife Datin Zarinah
Md Shariff now have 42.33% in FESB,
which is mainly in the independent
power producer (IPP) business.
DNeX at the same time is ac-
quiring a 100% interest in Forward
Energy Generation Ltd (FEGL) from
Labuan-incorporated Forward En-
million previously, though reve-
nue rose 14% to RM747.3 million
from RM652.76 million a year ago.
The weaker results for the cu-
mulative period are mainly due to
a RM35.81 million fall in its share
of results from joint ventures to
RM11.58 million, and a jump in
finance costs to RM136.89 million
from RM53.1 million a year ago.
Moving forward, though the
group is of the view that the short-
term to medium-term outlook in
the oil and gas industry remains
challenging and uncertain due to
emerging new alternative energy
resources and financial institu-
tions’ risk appetite, it said it will
strive to achieve satisfactory re-
sults for the financial year ending
January 31, 2019.
“Yinson’s financials have been
rather steady despite the volatile
oil prices and we remain hopeful
of securing more FPSO contracts
in the near future,” Yinson execu-
tive chairman Lim Han Weng said
in a separate statement.
Kuching. Cahya Mata Sarawak is
also a major shareholder of KKB.
In a filing yesterday, KKB said
the supply and delivery will be
based on the issuance of purchase
orders by CMSIT on an “as and
when required” basis. The contract
is valid till Aug 31, 2020.
It expects the contract to con-
tribute positively towards its earn-
ings and net assets for the duration
of the contract.
Shares of KKB last traded on
Tuesday at 87 sen, with a market
capitalisation of RM224.28 million.
“So far the station in Gambang
is already 90% complete and is ex-
pected to be fully operational next
year. The power station can produce
50mw of energy overall.
“The other two power stations
in Pekan and Gebeng, expected to
supply 49mw and 30mw of electricity
respectively, are in the second stage
of construction and are expected
to be completed in 2020,” he told
reporters yesterday. — Bernama
ergy Ltd for RM6.69 million. Part
of the proceeds would be used to
offset the RM11.01 million that is
owed by FESB to DNeX.
FEGL owns 7.6% in a Bangla-
desh-based company involved in
the development of an IPP, which
commenced operations in Novem-
ber 2017.
DNeX said it wants to exit FESB,
as the firm’s operating and oth-
er expenses amount to RM2 mil-
lion annually. DNeX’s share price
closed one sen or 4.76% lower at
20 sen with a market capitalisation
of RM369.18 million.
1 4 P R O P E RT Y
HK millennials go
from university to
public housing
Almost half of applicants aged under 30 have degrees — data
BY SH AW NA K WA N
HONG KONG: When it comes to
affording Hong Kong’s stratospher-
ic rents, a university degree is not
quite what it used to be.
Almost half of applicants for the
housing aged under 30 have de-
grees, according to government
data for the year through March
2018. That is almost double the
proportion six years earlier.
“The expensive housing mar-
ket has prompted a trend where
well-educated young people —
who didn’t have to apply for pub-
lic housing in the past — may be
descending the social ladder,” said
Anthony Chiu, an executive director
at the Federation of Public Housing
Estates, an organisation represent-
ing public housing residents. “It is
worrisome,” he said.
Millennials getting squeezed out
of the property market is a global
theme, after years of loose monetary
policy pushed prices higher from
Melbourne to Vancouver. But Hong
Kong’s case is extreme because the
city has the world’s least affordable
housing. The squeeze on millennials
sees some living illegally in indus-
trial buildings, while others share
dormitory-style “co-living” spaces.
In a bizarre twist, some young
people turn down promotions
or salary increases to stay within
monthly maximum incomes to re-
main eligible for public housing.
Lee Yin, a 22-year-old with a hotel
management degree, said he wants a
job with prospects but one that does
A filepic of residential buildings in Hong Kong. Hong Kong’s case of millennials being
squeezed out of the property market is extreme because the city has the world’s least
affordable housing. Photo by Bloomberg
not pay “too much” as he waits for a
public rental unit to share with his
unemployed father. He expects anoth-
er two- to three-year delay after four
years of waiting so far. Once in public
housing, he plans to save for a home.
When a news website reported
last month on an information tech-
nology worker who had rejected pro-
motions and raises for five years,
readers called him “worthless” and
“lazy”. The young man said he would
rather dump his money in the sea
than contribute to developers’ profits.
The number of applications out-
standing for young graduates seek-
ing public housing reached as high
as about 32,000 in the year to March
2015, according to Bloomberg cal-
culations based on government
data. The most recent number was
about 27,000.
The average monthly rent for
a public housing apartment was
HK$1,880 in 2017, according to the
government, a sum that would get
you next to nothing in the private
market. A capsule bed space in Sham
Shui Po, one of Hong Kong’s poorest
districts, costs HK$2,000 (RM1,067).
“It’s hard to buy a home,” said
Lee. “For someone living in public
housing earning around HK$17,000
a month, they need seven to eight
years to save up for the down pay-
ment. It is impossible if they are
renting in the private market.” —
Bloomberg
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
China’s builders are hurting
BY BR E N DA G O H
NANTONG: Cai Zhonghui has
worked in China’s construction
industry all his adult life, grad-
uating from being a labourer to
owning a company with 100 work-
ers building factories and roads
around eastern China.
Cai said the industry is now
facing the toughest challenges he
has seen, squeezed by high ma-
terials costs, tougher regulations
and tighter access to credit, mak-
ing him cautious about taking on
new projects.
That caution reflects a broader
threat to Beijing as it looks to stim-
ulate a slowing economy with in-
creased infrastructure approvals:
private builders — the backbone
of the sector — are less willing
to take on projects due to higher
risks and lower profits.
Construction projects have tak-
en longer to start and complete,
due to increased environmental
regulations, work suspensions
and growing liquidity pressures,
Cai and other industry executives
told Reuters.
The builders’ concerns come
at a time when China’s broader
infrastructure and property in-
dustry, a key driver of its econo-
my, is in flux.
While investment as a propor-
tion of China’s economy has been
trending down as services and
consumption rise, it still contribut-
ed to about one-third of the coun-
try’s economic growth last year.
Beijing began tightening ap-
provals for infrastructure projects
last year and ordered an overhaul
of its public-private partnership
programme as part of its efforts
to tackle debt risks.
Infrastructure spending growth
slowed to 3.7% in November, near
its lowest level in two decades,
from levels of over 20% last year.
And downward pressure on
the economy was increasing,
China’s statistics bureau said
last Friday.
Larger listed builders are feel-
ing the pinch. A Reuters analysis
of the earnings of 82 listed Chi-
nese construction and engineer-
ing firms found total debt grew at
its slowest rate in at least six years
between July and September, il-
lustrating the difficulties they face
in obtaining financing.
Meanwhile, third-quarter rev-
enues rose at their lowest pace
in six quarters, underlining the
pressure on sales.
Adding to those strains are Chi-
na’s effort to clean up the environ-
ment, which builders say has pres-
sured some material producers
to shut plants and others to stop
work when pollution levels are
high, curbing output and push-
ing up prices.
Prices of materials, which can
account for about 60% of a build-
ing’s cost, rose 29% between the
first quarter of 2016 and the third
quarter this year, according to Joe
Chan, head of China east at con-
sultancy Arcadis.
Cement production, for exam-
ple, has dipped, driving Chinese
firms to start importing from plac-
es like Vietnam, which saw cement
exports to China jump by over
half this year.
The government is taking steps
to mitigate these pressures.
Since July, it has restarted
greenlighting a number of large
railway and airport projects as a
trade war with the US threatens
to trigger a sharper slowdown.
Beijing has also said it will re-
lax restrictions to allow local gov-
ernments to sell special bonds to
pay for projects and has pledged
more financing support to cash-
strapped firms.
Authorities also started probing
the steep price rises of sand, ce-
ment and concrete in September,
an official from the China Cement
Association, who declined to be
named, told Reuters, confirming
recent domestic media reports.
However, industry insiders said
they believe the pressures will
last for at least another year and
any funding from the Beijing will
take some time to filter down to
smaller firms. State firms, which
tend to have easier access to cap-
ital, will likely shoulder the lion’s
share of the work in the mean-
time. — Reuters
16 H O M E
Mohamad Hasan is acting president
Party No 2 to run Umno for as long as Zahid is on leave
KUALA LUMPUR: Umno deputy
president Datuk Seri Mohamad
Hasan will be Umno acting presi-
dent, said party secretary-general
Tan Sri Annuar Musa.
He also said that the duties of
the deputy president will be han-
dled by Datuk Seri Ismail Sabri
Yaakob, the most senior vice-pres-
ident.
The decision was made at a
Anwar held talks before
appointing party chiefs
— Saifuddin
PUTRAJAYA: PKR president Da-
tuk Seri Anwar Ibrahim held dis-
cussions with division leaders for
about a month before he appoint-
ed the state chiefs, said PKR secre-
tary-general Datuk Seri Saifuddin
Nasution Ismail.
He said this was in line with the
party’s constitution, which states
that the president must hold dis-
cussions with division leaders first.
“So did he (Anwar) discuss it
first? Yes. With all division leaders?
Yes. From Perlis to Sabah? Yes.
“If others still dispute it, it will
turn messy. If everyone respects
the decision, it will be a relief.
There will be no problem and
there is no need for any revival
plans as every [condition] has been
fulfilled,” he said.
Saifuddin Nasution was speak-
ing to reporters after presenting
certificates for the Traders Trans-
formation Programme at the min-
istry here yesterday.
‘Dakwah’ not just about
conversion — Maszlee
PUTRAJAYA: ‘Dakwah’ or Islam-
ic propagation in the education
realm should be viewed in a wider
context, and not just about Islami-
sation or converting non-Muslims
into Islam, said Education Minister
Dr Maszlee Malik.
“‘Dakwah’ in Islam is under-
stood as bringing mankind to-
wards good and this can be done
through various means, including
as educators or teachers,” he said.
Referring to the shortage of re-
ligious teachers in Sabah and Sar-
awak, he said the term ‘dakwah’
which he had used in his state-
ment had been misinterpreted as
an attempt to convert non-Mus-
lims in the two states into Islam.
“This is narrow thinking as
‘dakwah’ in Islam is universal in
character; it does not just revolve
around converting anyone into
the religion,” he added.
At the recent Dewan Rakyat
meeting of the Umno manage-
ment committee yesterday, he said
in a statement.
On Tuesday, Umno president
Datuk Seri Dr Ahmad Zahid Ha-
midi responded to pressure from
party leaders by announcing that
he would step aside to enable Mo-
hamad Hasan to discharge the
duties of the president.
Ahmad Zahid made the state-
Former PKR central committee
member Latheefa Koya earlier
slammed the party, claiming there
was cronyism and nepotism in the
appointment of party state chiefs,
including that of Anwar’s daughter
Nurul Izzah as the Penang chief.
On Monday, Nurul Izzah an-
nounced her resignation as PKR
vice-president and the party’s
Penang chief.
On the same day, Pasir Gudang
MP Hassan Abdul Karim also quit
as the party’s Johor chief.
Saifuddin Nasution explained
that Anwar had no choice but to
appoint Nurul Izzah after all 13 di-
vision leaders in Penang strongly
supported her.
“It would be good if she (Nurul
Izzah) changes her mind. If not, I
believe the president will conduct
a review but for now Nurul Izzah
is sticking with her decision and
it’s the same in Johor,” he said. —
Bernama
sitting, Maszlee reportedly de-
scribed the shortage of Islamic
religious teachers in Sabah and
Sarawak as critical and advised
those from Kelantan and Tereng-
ganu teaching in the two states to
remain there for the time being as
a means for ‘dakwah’ and to serve
the people.
This drew criticism from polit-
ical leaders and church groups in
Sabah and Sarawak who accused
Maszlee of being ignorant of the
Malaysia Agreement 1963 (MA63),
which provides religious freedom
in the two states.
Speaking at the handing-over
of Sekolah Menengah Kebangsaan
Agama Putrajaya (Smaputra) here
yesterday, Maszlee said the role of
teachers in educating and teach-
ing society to enable them to read,
count and think is also ‘dakwah’ in
Islam as a mission that is accepted
by all. — Bernama
ment following a spate of resigna-
tions from the party, saying that he
hoped his action would stop the
exodus.
On Dec 12, the Sabah Umno
leadership was crippled when
nine of 10 assemblymen, five of
six members of parliament (MPs),
two senators, and 21 of 25 division
heads announced their resignation
from the party.
RM289m for school food scheme next year
KUALA LUMPUR: A total of RM289
million has been allocated for the
Supplementary Food Programme
next year for schoolchildren from
hardcore poor families.
Deputy Education Minister Teo
Nie Ching said RM250 million will
be used to provide RM2.50 worth
of food daily to pupils in the pen-
insula and RM3 for those in Sabah,
Sarawak and Labuan for 190 days,
which is the minimum number of
school days.
She said the remaining RM39
Bernama plans JV to meet digital media challenges
JOHOR BARU: A digital portal is
to be set up under a joint venture
(JV) involving the Malaysian Na-
tional News Agency (Bernama),
Radio Televisyen Malaysia (RTM)
and the information department
(Japen) to tackle the challenges of
the digital media.
Announcing this yesterday,
Communications and Multimedia
Minister Gobind Singh Deo said
Bernama, RTM and Japen have
the manpower and infrastructure
which can be upgraded with new
technology, enabling the three
agencies to compete with existing
digital media.
“We are looking at how to set up
a joint-venture project among the
information department, Bernama
and RTM so that we can provide
digital services. I want to make sure
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
In response, Ahmad Zahid said
that a section of Umno leaders
were concerned they would be
investigated and could face mul-
tiple charges, just as he was facing.
Following the Barisan Nasional’s
ouster in the last general election,
he has been charged with 45 counts
of corruption, criminal breach of
trust and money laundering.
Annuar said: “To ensure smooth
million would be used to supply
milk or other food.
“In 2018, a total of 489,117 stu-
dents in 7,316 schools throughout
the country were covered by the
programme. The ministry is always
working to improve education and
health among students.
“In connection with this, various
forms of assistance are being pro-
vided, including the Supplementary
Food Programme,” she said during
the question-and-answer session
in the Senate yesterday.
that we can compete with other
media, especially social media.
“As we can see, there are now
many new portals which draw
much interest because they bring
breaking news to the public fast.
“This is something we are look-
ing at and studying. Perhaps by the
first quarter of next year, we will
make an announcement. This is
among the plans we will imple-
ment next year,” he told reporters
at the Johor broadcasting depart-
ment office.
He said the three agencies must
always be at the forefront in pro-
viding information to the public
and compete with other media
on the digital platform.
“We need to find a mechanism
to ensure that we are able to break
news ... probably through Twitter,
functioning, the party agreed that
Mohamad (Hasan) will act as the
president for the duration that
Ahmad Zahid is on leave.”
He said Umno is now giving
priority to strengthening the lead-
ership and focusing on the agenda
of the party.
Umno, which won 54 seats in
Parliament in the 14th general elec-
tion, is left with 37 MPs. — Bernama
Teo was replying to a question
from Senator Datuk M Samban-
than, who asked how many stu-
dents had benefited from the pro-
gramme.
She said the school heads,
and parent-teacher associations
were responsible for monitoring
the school canteens to make sure
they provided nutritious food to the
schoolchildren, and the contracts
of canteen operators who provide
unsatisfactory food would be ter-
minated. — Bernama
Facebook, and after that to carry
the news by Bernama and subse-
quently by our news TV channel,”
he said.
Citing Channel News Asia as
an example, Gobind said the news
channel has taken a similar ap-
proach by presenting news through
the digital platform and has active-
ly used its Twitter platform.
“We must always be ahead in
providing news to Malaysians, and
the news must be verified, accu-
rate and legitimate.
“This is why the collaboration
among the three [agencies] will
be very helpful and prevent du-
plication. We do not want a sit-
uation where there is too much
manpower when we can use the
workforce judiciously,” he added.
— Bernama
FRIDAY DECEMBE R 21 , 20 1 8 • THEED G E FINA NCIA L DA ILY
B R O K E R S’ C A L L 17

Palm oil inventory likely

to remain high in early 2019
Plantation sector Plantation sector peer comparison
Neutral: Despite seeing weaker palm
oil production after hitting a peak PRICE @ MKT CAP EPS EPS GROWTH P/E P/B ROE DIVIDEND
last October, we think the Malay- COMPANY DEC 18 (RM MIL) (SEN) (%) (X) (X) (%) YIELD (%)
(RM) 2018F 2019F 2018F 2019F 2018F 2019F 2018F 2019F 2018F 2019F 2018F 2019F
sian palm oil inventory is likely to
remain at a high level in early 2019. FGV** 0.65 2,371.3 -1.6 2.7 - - -40.6 24.1 0.4 0.4 - 2.7 0.0 0.0
We project palm oil inventories to Genting Plantations 9.40 7,457.0 25.1 33.8 -38.4 34.6 37.5 27.8 1.7 1.6 4.5 5.8 0.8 1.1
stay in the range of 2.7 million to IOI Corp 4.26 26,787.7 13.9 14.1 4.2 1.5 30.6 30.2 3.9 3.6 9.1 8.8 1.6 1.7
2.9 million tonnes during the first KL Kepong 23.92 25,474.8 78.8 81.9 7.1 4.0 30.4 29.2 2.2 2.1 6.9 7.0 2.1 2.1
quarter (1Q) of 2019 as demand Sime Darby Plantation 4.09 27,171.5 14.3 14.9 -28.4 4.0 28.6 27.4 1.6 1.6 6.0 6.0 1.8 1.9
from China is seen to be subdued Ta Ann 2.34 1,040.4 15.8 19.3 -41.2 22.3 14.8 12.1 0.8 0.7 5.2 6.0 4.3 2.9
while Indonesian counterparts will
TSH Resources 0.97 1,315.0 4.3 4.9 -41.1 13.0 22.6 19.8 0.9 0.9 3.9 4.3 0.9 1.1
be more aggressive in flushing out
**Is currently under temporary coverage suspension
their high stock levels. Source: PublicInvest Research estimates
We anticipate crude palm oil (CPO)
prices to average at RM2,200/tonne in
2019, a 22% rise from the current spot in Indonesian palm oil inventory. which were trading at barely break- current poor CPO price performance. ered weaker earnings and we have
price of RM1,801/tonne. For 2018, The Indonesian palm oil inven- even levels. Meanwhile, the Malay- Not only facing stiffer competition revised down the earnings fore-
they are likely to end the year with a tory level has softened to 4.4 million sian palm oil inventory level saw from their Indonesian counterparts, casts by 10% to 30% following the
full-year average of RM2,200/tonne. tonnes after hitting a record level of an increase for six straight months, who are also facing excess supply, revision in our CPO price forecasts
In the near term, CPO futures 4.9 million tonnes in July. The high surging to an all-time high of 3.01 Malaysian plantation players are also from RM2,400/tonne to RM2,200/
are likely to trade in the range of inventory level during 3Q was due million tonnes. experiencing various attacks from tonne for 2019.
RM2,000/tonne to RM2,100/tonne to the transportation issue in the Indonesia’s discount to Malay- Europe, namely non-governmental Year to date, FGV’s share price
due to weak demand from China Kalimantan region as there were sia’s CPO prices has narrowed from organisations, activists and envi- has suffered the most, tumbling 63%,
with the long holiday period during insufficient barges to transfer the RM400/tonne in 3Q to the normal- ronmental friendly groups. We be- followed by TSH (-40%) and Ta Ann
the Chinese New Year celebration. CPO to refineries in other regions for ised level of RM70/tonne recent- lieve such negative publicity would (-31%). Our preferred pick is Ta Ann
Also, China may switch to purchase further processing as local refineries ly following the withdrawal of the continue to affect palm oil demand due to its compelling valuations and
more US soybean following the tem- had limited capacities to process the US$50/tonne (RM209/tonne) levy from Europe, which is the world’s decent dividend yield. On the sector
porary truce in the midst of trade war high production volume. and signs of easing inventory in the third-largest consumer. valuation, it has also come off from
tension with the US. We believe CPO In addition, some plantation play- country. This would certainly give a Following the slide in CPO price a high of 34 times a year ago to the
prices would start to recover when ers prefer to hold up the CPO stocks huge boost to Indonesian planters, performance, most plantation com- current level of 26 times. — PublicIn-
there are signs of continuous falling due to the unattractive CPO prices, who have been struggling with the panies under our coverage deliv- vest Research, Dec 19

Challenges on multiple fronts Higher FY20 earnings expected

seen for Bonia
Bonia Corp Bhd
(Dec 20, 22 sen)
Maintain sell with a lower target price
(TP) of 17 sen: To recap, Bonia Corp
Bhd recorded a disappointing first
quarter of financial year 2019 (1QFY19)
start to the year, with core net profit de-
clining 64% year-on-year (y-o-y) due to
declining sales across brands in both
the local market (-8% y-o-y) as well
as its overseas market (-20% y-o-y),
consequently compressing margins
against a high operating leverage.
It also fared worse sequentially,
highlighting that the tax holiday
from the zero-rating of the goods
and services tax was not a boon for
the retailer, but rather went towards
large-ticket purchases. The group’s
same store sales growth (SSSG)
continued to decline y-o-y across
the board, save for its consignment
counters which have undergone a
heavy rationalisation exercise.
For its external brands, manage-
ment intends to further capitalise
on its highly profitable Braun Buffel
leatherwear brand by expanding
across new markets, while scaling
back on its loss-making licensed
apparel brands which are getting
edged out by larger players with
better scale. On the other hand,
management is maintaining efforts
to build up its in-house core brands,
Bonia and Sembonia, through a re-
vamp in their sales approach.
As part of management’s plan to
boost Bonia’s market positioning,
for Sime Darby Property
Sime Darby Property Bhd i) an initial completion pay-
(Dec 20, 95.5 sen) ment equal to commercial costs
Bonia Corp Bhd Buy with a largely unchanged to date of BPS2 as at the com-
target price (TP) of RM1.26: pletion of the sale;
FYE JUNE (RM MIL) 2017* 2018 2019E 2020E 2021E The consortium comprising ii) subsequent payments on
Revenue 518.2 440.4 395.6 411.0 426.9 Sime Darby Property Bhd, S a progressive manner based on
Ebitda 76.2 50.9 37.1 49.2 58.2 P Setia Bhd and Employees construction works. The total
Pre-tax profit 52.2 29.9 15.0 26.1 34.1
Provident Fund (EPF) — each of (i) and (ii) shall not exceed
holding a stake of 40%, 40% and a maximum cost funding com-
Net profit 31.7 19.8 6.6 14.9 20.0
20% respectively — has finally mitment (CFC) of RM1.4 billion;
EPS (sen) 3.9 2.5 0.8 1.8 2.5 sealed the deal with PNB-Kwasa iii) difference between the
PER (x) 5.7 9.2 27.5 12.2 9.0 International 2, a joint venture sale price and maximum CFC
Core net profit 33.6 24.8 6.6 14.9 20.0 of Permodalan Nasional Bhd will be offset by the cost of rental
Core EPS (sen) 4.2 3.1 0.8 1.8 2.5 (PNB) and EPF, to sell Battersea guarantee paid to the JV Co (5%
Core EPS growth (%) 13.3 (26.4) (73.4) 126.0 34.6 Power Station phase 2’s (BPS2) yield for five years post comple-
Core PER (x) 5.4 7.3 27.5 12.2 9.0
commercial spaces for £1.58 tion of BPS2 or £79.2 million per
billion (RM8.37 billion). The annum); and
Net DPS (sen) 0.9 0.7 0.2 0.4 0.5
sale is expected to be complet- iv) an adjustment mecha-
Dividend yield (%) 4.1 3.0 0.8 1.8 2.4 ed by the first quarter of 2019 nism is applicable after the end
EV/Ebitda (x) 2.7 3.8 5.0 3.8 3.1 (1Q19) while construction of of the fifth year post completion
Chg in EPS (%) - (21.6) (15.9) BPS2 is slated to be completed of BPS2 based on BPS2’s net op-
Affin/consensus (x) 0.7 0.8 0.9 in end-2020. erating income versus the rental
*restated We raise our financial year guarantee. This allows the con-
Sources: Company, Affin Hwang estimates, Bloomberg 2020 (FY20) earnings forecasts sortium to share the upside in
by 5% on a higher pre-tax mar- rental growth, if any. The sale
the group is expected to incur further lar) will also remain stiff. gin. Our revalued net asset value price will be adjusted down ac-
advertising and promotion (A&P) ex- We remain cautious on Bonia’s (RNAV)-based TP is largely un- cordingly, if otherwise.
penditure and will continue to have prospects, as the near-term earnings changed at RM1.26 (+one sen). Currently, BPS2’s commer-
high capital expenditure commit- outlook appears muted. We cut FY20E The consortium has finally cial spaces are 50% pre-leased
ments, hence a damper to its near- and FY21E earnings by 16% and 22% formalised the sale by entering while the construction works
term earnings. on account of higher recurring A&P into a sales and purchase agree- of BPS2 are 30% completed. We
While a meaningful turnaround expenditure and subsequently reit- ment (SPA) with PNB-Kwasa adjust our FY20 earnings fore-
in sales from the shift in marketing erate our “sell” call, with a revised TP International 2 (joint venture cast by 5% to factor in a higher
strategy may take at least six to nine of 17 sen from 21 sen previously. This company [JV Co]) to dispose of pre-tax margin assumption of
months, we expect the negative is based on a 13 times price-earning seven subsidiaries which own 11% (from 8%) for BPS2 com-
SSSG trend to persist in FY19 es- target on calendar year 2019 estimate the commercial spaces under mercial spaces. Our RNAV es-
timate (FY19E) and the first quar- earnings per share. The upside risks the BPS2 for £1.58 billion. The timation is largely unchanged
ter of FY20E. Competition from include better-than-expected recov- JV Co is 65% and 35% owned at RM2.79 (+one sen); our TP
budding entrants and established ery in sales, and lower-than-expect- by PNB and EPF respectively. is pegged at 0.45 times price to
international players (online and ed operating expenditure. — Affin The salient terms of the SPA RNAV. — Maybank IB Research,
omnichannel retailers in particu- Hwang Capital Research, Dec 20 are: Dec 18
18 B R O K E R S’ C A L L
George Kent seen strong
in rail sector with LRT3 job
George Kent (M) Bhd
(Dec 20, 82 sen)
Maintain market perform with a
lower target price (TP) of 84.5 sen:
George Kent (M) Bhd (GKENT) cu-
mulative nine months of financial
year 2019 (9MFY19) core net profit
(CNP) of RM59.4 million came in
below expectations, making up only
68% of our and consensus full-year
estimates.
We believe the negative devia-
tion is mainly due to lower-than-ex-
pected construction billings pro-
gress for its other ongoing projects,
that is hospitals.
Second interim dividend of 1.5
sen was declared, bringing year-
to-date dividends declared to 3.5
sen, which we deem as in line with
our full-year expectation of 5.5 sen.
Its 9MFY19 revenue registered
a decline of 29%, dragging its CNP
down by 21%, year-on-year.
Revenue for its engineering di-
vision dropped by 33%, as it did
not have any project handovers as
compared with the previous year,
and as for its metering division, it
Gagasan Nadi’s long-term contracts
expected to offer recurring income
Gagasan Nadi Cergas Bhd
Ace Market listing Gagasan Nadi
Cergas Bhd (NADIBHD) is princi-
pally involved in: i) building con-
struction; ii) provision of facility
management services of student
hostels and related facilities; iii) op-
erations of a district cooling system
for the supply of chilled water; and
iv) property development.
It has a track record of approx-
imately two decades of delivering
non-residential and residential
buildings. Notable projects in-
clude the German-Malaysian In-
stitute, student hostels for Universiti
Teknikal Malaysia Melaka and Inter-
national Islamic University Malaysia,
seven polytechnics, and 4th military
camp for the General Operations
Force of the Royal Malaysia Police.
The group is also involved in
facility management services. It
provides financing, design, de-
velopment and construction, and
maintenance of student hostels and
related facilities at International Is-
lamic University Malaysia student
hostel and Universiti Teknikal Ma-
laysia Melaka student hostel.
The group currently operates a
district cooling system, including
a thermal energy storage tank and
related facilities to supply chilled
water for air-conditioning purpos-
es in German-Malaysian Institute.
Moving forward, the group will
supply chilled water and electricity
to the Datum Jelatek Development
under 30-year concessions.
To leverage on its core compe-
was primarily due to slower sales,
which we believe could be due to
the change in government.
Quarter-on-quarter, third quar-
ter of financial year 2019 (3QFY19)
CNP is down by 22% underpinned
by: (i) lower revenue (-8%) as its
construction division saw a decline
in revenue of 18%, (ii) decrease in
associate contribution (-19%) due
to the cost review of LRT3, and (iii)
a sharp increase in the effective tax
rate to 41% (+23 percentage points)
due to taxes that were under-pro-
visioned in previous years.
Recently, the GKENT-MRCB
joint venture (JV) successfully ne-
gotiated with the government to
convert its project delivery partner
role for LRT3 into a fixed price con-
tract of RM11.9 billion, and we are
positive with that outcome as it is
still higher than our assumption of
RM9 billion, bringing its outstand-
ing order book to RM5.5 billion.
While its near-term prospects
seem less exciting arising from
the delays in LRT3, we believe this
particular project would be one of
Gagasan Nadi Cergas Bhd
FYE DEC (RM MIL) 2016
Revenue 227.9
Gross profit 112.3
Ebitda 112.0
Ebitda margin (%) 49.2
Operating profit 112.7
PBT 100.8
Core profit 73.6
EPS* (sen) 9.8
PER^ 3.1
Gross dividend (sen) na
Dividend yield^ na
ROE (%) 26.7
Note: *Based on enlarged share base of 753 million shares,
Source: TA Securities
tency in building construction, the
group has expanded its business
into property development with
the first project being the above
finish floor mixed development.
It has allocated approximately 31.5
acres (12.74ha) of its total land bank
of 120.4 acres for current and up-
coming developments.
The initial public offering (IPO)
entails a public issue of 140 million
new ordinary shares, and an offer
for sale of 60 million shares at an
IPO price of 30 sen per share.
The public issue includes: 20 mil-
lion new shares for application by
the Malaysian public; 20 million new
shares for application by eligible di-
rectors, employees and persons; and
100 million new shares by way of pri-
vate placement to selected investors.
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
George Kent (M) Bhd 2019 to 2020 estimated (FY19-
FY20E) earnings by 15% to 13%,
FY JAN (RM MIL) 2018A 2019E 2020E respectively after factoring in slow-
Turnover 617 468 493 er billings from its existing pro-
jects. We also removed our order
Ebit 154 119 125
book replenishment assumptions
PBT 160 100 109 by RM350 million, as we expect
Net profit 124 75 82 GKENT to focus on the execution
Core Patmi 136 75 82 of LRT3. As a result of our cut in
Consensus 88 78 earnings, our dividend is lowered
Earnings revision (%) -15 -13 from 5.5 to five sen.
Core EPS (sen) 24.3 13.3 14.6 We maintain “market perform”
call on GKENT.
Core EPS growth (%) 35 -45 10
Following our earnings review, we
NDPS (sen) 9.5 5.0 5.0 lowered our sum-of-parts-driven TP
NTA per share (RM) 0.8 0.9 1.0 to 84.5 sen from RM1.20 previously
Price to NTA (x) 1.0 0.9 0.8 as we included LRT3 as part of its
PER (x) 3.4 6.2 5.7 construction division coupled with
Debt-to-Equity ratio (x) 0.1 0.1 0.1 a company holding discount of 20%.
Return on asset (%) 14 8 8 Our TP implies FY19E price-to-
earnings ratio of 6.3 times, in line
Return on equity (%) 26 14 14
with our ascribed multiple of six to 10
Net dividend yield (%) 11.5 6.0 6.1 times within the construction space.
Source: Kenanga Research Key downside risks for our
call are: (i) lower-than-expected
GKENT-MRCB JV’s strongest job would strengthen their foothold margins, (ii) delay in construc-
profile in the future should they be in the rail infrastructure scene in tion works, and iii) scrapping of
able to complete it with at a lower the future. LRT3 project by the government.
cost and within schedule, which We reduced our financial year — Kenanga Research, Dec 20
Prospects for manufacturers of
household products seen promising
Manufacturing sector flow from a key customer for its
Downgrade to neutral: We down- Malaysian segment, VSI is cur-
grade our “overweight” stance to rently in serious talks with more
“neutral” on the manufacturing than five prospective MNC cus-
2017 2018F 2019F 2020F sector for the next 12 months but tomers to secure new orders that
212.5 269.5 316.5 338.0 still prefer manufacturers tied to would fill up the excess capacity.
the production of household gen- The group also continues to
78.8 59.3 60.1 64.2
eral products such as VS Industry undergo cost rationalisation to
84.5 67.2 71.5 76.1 (VSI), ATA IMS (ATA) and Lux- streamline operations in its China
39.7 24.9 22.6 22.5 chem Corp (Luxchem). segment in light of uncertainties
83.8 66.7 66.5 71.0 Luxchem offers a cheaper from the US-China trade war,
67.0 47.3 44.3 46.8 proxy to the rising glove demand higher operating costs and in-
49.8 35.9 33.7 35.6 which is underpinned by stricter tense competition.
6.6 4.8 4.5 4.7 hygiene standards, and further We are negative on can man-
supported by capacity expan- ufacturers such as Kian Joo Can
4.5 6.3 6.7 6.4
sions planned for its Transform Factory (KJCF) due to escalating
na 0.0 1.0 1.2 Master arm which is tied to the raw material costs, higher antici-
na 0.0 3.3 4.0 increasing demand for latex and pated labour costs and increased
14.9 9.6 8.3 8.2 latex-related products. competition which are hurting
^Based on IPO price of RM0.30/share The group offers earnings vis- margins.
ibility backed by a large clientele We may upgrade our sec-
of 1,000 customers and a diverse tor call from “neutral” to “over-
Main competitive advantages portfolio of chemical products. weight” if: (i) the ringgit appre-
are: i) experienced executive di- ATA is expected to register ro- ciates against the US dollar as
rectors and key management team bust earnings growth in 2019 as companies such as Luxchem
with a proven track record in the its four new assembly lines at its and KJCF are net beneficiaries
building construction industry; and Jalan Dewani factory goes into of the stronger ringgit as a higher
ii) long-term contracts in place to full swing. proportion of their costs are US
provide recurrent revenue stream ATA is well prepared for more dollar-denominated, and (ii) the
and provide some assurance of contract wins with its Jalan Hasil manufacturing companies under
business continuity for the dura- factory and has indicated further our coverage secure new jobs of
tion of these contracts. expansion plans to increase its significance.
Based on our valuation, at IPO production capabilities on the We may downgrade our stance
price of 30 sen per share, NADIBHD back of growth in indicative or- on the sector from “neutral” to
is valued at a trailing price-to-earn- ders from its key customer in 2019. “underweight” if the following
ings ratio of 6.5 times financial year However, we believe the pos- key risks materialise: (i) luke-
2018 annualised earnings. itive earnings prospects of the warm demand in end-products
We value the company at 35 group have been factored in at due to weakening economic con-
sen, based on six times calendar the current price. ditions, (ii) rising costs of labour
year 2019 (CY19) construction Although prospects in sec- and shortage of workers, and (iii)
earnings and 10 times CY19 re- ond half of financial year 2019 significant increase in raw ma-
current earnings. Not Rated. — are expected to dampen due to terial prices. — AmInvestment
TA Securities, Dec 20 expectations of declining order Bank, Dec 20
FRIDAY DECEMBE R 21 , 20 1 8 • THEED G E FINA NCIA L DA ILY
Trade slowdown coming at a worst time
Cross-border commerce is in its poorest health since the Great Financial Crisis and stock markets are falling
BY JAMIE MCGEEVER
T
he warning signs are
multiplying and be-
coming clearer: global
trade growth is slow-
ing, which will pose
an increasing threat to
the world economy and financial
markets next year.
Cross-border commerce is in
its poorest health since the Great
Financial Crisis ten years ago, or
even in decades, depending on
which measure you look at, and
the incoming data point to further
deterioration next year.
In the last week alone a batch of
figures from economic and export-
ing powerhouses in Asia, including
China, showed that global trade is
losing steam. And it couldn’t be
coming at a worse time for investors.
Wall Street and stock markets
around the world are falling. Major
names in tech (Apple) and banking
(Goldman Sachs), sectors that are
pivotal to the global flow of goods
and services and which had led
the market boom of recent years,
Fed weighs growth against market fragility
BY
M OHA M ED A EL- ERI A N
RESISTING unusual pressure from
both politicians and notable market
participants, US Federal Reserve
chairman Jerome Powell and his
colleagues on the Open Market
Committee on Wednesday raised
interest rates by 25 basis points and
slowed the path for future hikes by
less than markets hoped.
In doing so, the central bank
reaffirmed that its focus remains
firmly domestic and economic. But
the markets’ reaction suggested the
move was seen as heightening con-
cerns about a policy mistake, rather
than responsible policymaking. This,
and what’s likely to play out over the
next few weeks, illustrates a bigger
phenomenon: the threat that the Fed
and other central banks are increas-
ingly in a no-win situation, due to
factors mostly outside their control.
The Fed’s updated economic
assessment is somewhat less rosy
than those it made before, and in-
cludes a slight downward revision
in next year’s gross domestic prod-
uct. Still, policymakers seem less
concerned than markets about the
spillbacks to domestic consump-
tion and investment from weakness
in the rest of the world and tech-
nically vulnerable asset prices. For
that reason, the central banks’ me-
dian expectation for next year’s rate
hikes is still well above the markets’,
and policymakers remain comfort-
able with the notion that they could
slightly overshoot the neutral rate
estimate in 2020. Although these
are among the biggest losers on
the way down.
Auto sector stocks, among the
most exposed to cross-border and
cross-continent commerce and
supply chains, have been particu-
larly volatile and vulnerable this
year to the (mostly negative) news-
flow on tariffs and trade.
According to Citi, the volume of
global exports anticipated in the
next six months is contracting, and
at the fastest pace since 2008-09.
Alarmingly, this leading indicator
is extremely well correlated with
global trade growth.
Economists at Oxford Econom-
ics lowered their forecast for world
trade growth in 2019 earlier this
year by more than 1.5 percentage
points to 4%. The festering US-Chi-
na trade war could result in cumu-
lative global GDP losses of 0.7%
next year and 1% by 2020, they add.
In an updated paper published in
“Our World In Data” in October, Es-
teban Ortiz-Ospina, Diana Beltikian
and Max Roser noted that the value
of exports as a share of global GDP
fell three years in a row from 2011
predictions are described as highly
data-dependent, as is customary
for the central bank, they unsettled
markets across the board.
At first, the reaction of high-fre-
quency market indicators fluctuat-
ed between “It’s OK” and “It’s not
a sufficiently dovish hike”. But as
markets internalised more fully the
Fed announcements, they tipped in
favour of the view that the central
bank risks a policy mistake. Those
concerns were reflected in a broad-
based stock market sell-off, a lower
10-year Treasury yield, and a flatter
yield curve. That outcome is hard to
reconcile with what remains a rather
solid economic outlook for the US.
This dichotomy between an econ-
omy that is expanding at a robust
pace and volatile markets that are
coming under further pressure is the
main reason why this Fed meeting
was preceded by such uncertainty
about outcomes, together with a
heated debate that has not been seen
for years. The split is in large part the
mirror image of the situation faced by
Powell’s predecessors when sluggish
growth contrasted with booming risk
markets. But rather than providing
proof of a decoupling of the econ-
omy and markets, the change is in
fact a partial closing of the gap that
was created under former Fed chairs.
For several years after the 2008
global financial crisis, the US econ-
omy was stuck in a new normal of
low growth, soaring asset markets,
and dampened financial volatility.
This was due in large part to the
decision of systemically impor-
tant central banks to pursue their
economic objectives through the
asset channel: ultra-low interest
to 2014. The level of contraction is
small, by roughly one percentage
point to 24.12%, but the direction
of travel is cause for concern.
“There is a correlation between
economic growth and trade: coun-
tries with higher rates of GDP growth
also tend to have higher rates of
growth in trade as a share of output,”
they concluded. “The empirical lit-
erature suggests that increased trade
causes higher economic growth.”
Whether that growth is shared
even remotely evenly or fairly is
another question. But the ripples
from slowing trade growth or even
contraction would be widely felt.
World Bank figures show that
trade as a share of global GDP has
fallen for four years in a row. There
have been steeper declines, such as
2008-2009, but this is currently the
longest downturn since at least 1960.
‘Tariff Man’
This week, South Korea’s govern-
ment cut its 2019 growth outlook to
2.6-2.7%, which will be the lowest
since 2012, and data showed In-
donesian exports for November
Powell on Wednesday raised interest rates by 25 basis points and slowed the path for
future hikes by less than markets hoped. Photo by Bloomberg
rates and securities purchases as a
means of encouraging risk-taking,
triggering households’ wealth effect
and encouraging higher business
investment. China-driven global
growth also contributed to asset
price inflation and volatility repres-
sion, as emerging market stocks
outpaced their US counterparts.
Some, including me, expressed
concerns about the risks and un-
intended consequences of cen-
tral banks continuously “goosing”
markets. But these cautions gained
little traction, for understandable
reasons. After all, central banks
were motivated by noble economic
objectives whose importance was
accentuated by how close the world
had come to a multi-year global
falling off a cliff. China’s exports
in November rose 5.4% year-on-
year, roughly half of economists’
consensus forecast and a third of
the previous month’s 15.6%.
There’s no shortage of flash-
points in the global trade war, the
most significant being the US-Chi-
na front. Washington and Beijing
have agreed a 90-day truce, but
if a deal cannot be reached, then
existing 10% tariffs on US imports
from China would go up to 25%.
Does history offer any clues as
to what we can expect next year?
Analysts at Oxford Economics
note that, the 1930s aside, trade
skirmishes usually have a limited
impact on global growth and asset
markets. But when it opens up, the
downside can be steep.
The four most recent major glob-
al trade disputes they cite — one in
agriculture (1982-86), two around
steel (1983-84 and 2002-03) and one
on tyres (2009-12) — coincided with
falling equity markets around only
one of them. But it was a savage
19% correction, in 2002-03.
In the other three, stocks rose.
depression, a threat that imparted
a bias to policymakers’ risk-man-
agement paradigm. And let’s not
forget that an environment in which
almost all assets made money for
investors doesn’t provoke much
resistance and complaint.
Now the situation is reversed: A
still-solid US economy is not suffi-
cient to dampen financial volatility
and resist price declines in the con-
text of structural market fragilities.
This is due to five main factors:
The outlook for Europe, Japan
and China is considerably more
uncertain than the prospects for
the US. Markets also have to adjust
to losing the predictable and ample
liquidity support they received from
the European Central Bank (ECB).
COMMENT 19
The behaviour of GDP growth was a
little more mixed, although overall,
still positive. But trade growth was
more severely affected, which un-
doubtedly constrained the broader
economic expansion.
The outlier is the 1930s and the
Great Depression, when protection-
ism was also accompanied by bank-
ing crises, stock market collapse and
severe recession. Even allowing for
the unique confluence of events and
forces back then, the 1930s prove
that once a trade dispute starts, es-
calation can be a lengthy process.
Protectionist measures contrib-
uted to a 30% slump in world ex-
ports in 1929-1932. The ratio of
world trade/world GDP fell to 10%
in 1932 from 19% in 1929. Even into
the late 1960s, this ratio was only
modestly higher than in 1929.
“High tariffs created large busi-
ness interests in favour of protec-
tionism, meaning tariff momentum
can build,” Oxford Economics warns.
With Trump calling himself “Tar-
iff Man” only last week, investors
should buckle up for a bumpy ride
next year. — Reuters
The proliferation of exchange-traded
funds, passive investing, computer
trading and excessive risk-taking
amplify price moves. The Powell
Fed inherited a balance sheet pol-
icy on automatic pilot that tends to
exaggerate the market impact of any
change in interest rate expectations.
The Fed is facing unusual political
pressure not to raise rates.
While the US central bank faces a
more challenging environment, it is
in a far less complex situation than
its systemically important peers,
particularly the ECB, the Bank of
England and the Bank of Japan.
A notably weaker economic out-
look in those regions significantly
undermines a policy normalisa-
tion process that has become more
urgent due not only to declining
effectiveness but also operational
limitations (for example, the ECB
running out of bonds to buy) and
unintended consequences.
It has become customary for new
central bank chiefs to be tested early
in their tenure. In Powell’s case, the
challenge has taken the form of a
controversial policy decision due
to the competing pull of domes-
tic economic conditions and the
combination of technical market
fragility and a slowing international
economy. This tug-of-war is unlikely
to end any time soon. As a result,
central banks that were once the
only game in town, celebrated for
their dominant “whatever-it-takes”
policy mindset that reduced the risk
of a multi-year depression, now op-
erate in much more of a “lose-lose”
environment, and for reasons that
are mostly outside their control.
— Bloomberg
20 W O R L D B U S I N E S S
Fed raises lending rate,
signals slower pace ahead
‘Political considerations play no role whatsoever in central bank’s deliberations’
BY H E AT HER SCOTT
WASHINGTON: The US Feder-
al Reserve System (Fed) raised
the benchmark interest rate on
Wednesday, staking its independ-
ence despite repeated attacks by
President Donald Trump, but it
also sent a clear signal it expects to
take it slow next year in the face of
plateauing growth.
The Fed’s fourth rate increase
of the year, which sent Wall Street
tumbling, moved the central bank
squarely into the cross hairs of the
president, who had said earlier a
rate increase would be “foolish.”
Asked about the dangers of
Trump’s Twitter rants disrupting
decision-making, Fed chairman
Jerome Powell told reporters polit-
Post-revamp
Noble to emerge
as smaller,
unlisted firm
BY A R ADHA NA A RAVI NDAN
SINGAPORE: Noble Group
Holdings Ltd, the once mighty
commodity trader, yesterday
completed its drawn-out US$3.5
billion (RM14.63 billion) debt
restructuring to emerge as a
smaller, unlisted Asia-focused
coal-trading business.
In a statement to Singapore
Exchange (SGX), Noble said the
completion effectively closed
the saga of its collapse from
Asia’s biggest commodity trad-
er with a market value of over
US$6 billion to less than US$80
million that began in February
2015 when its accounting prac-
tices were questioned by Iceberg
Research.
Noble said to bolster itself,
it sold billions of US dollars of
assets, took hefty writedowns
and cut hundreds of jobs, while
defending its accounting.
It said 70% of the company’s
shares will be held by a so-called
special-purpose vehicle repre-
senting the previous company’s
creditors, 20% by the sharehold-
ers of the previous company and
10% by the management.
Noble said the revamp plan
was in the works for nearly two
years but was thrown into disar-
ray after Singaporean authorities
last month started investigating
the company.
Noble is set to appoint Ian
Potter, a former senior banker
at Morgan Stanley, as its next
chairman in a few weeks, sourc-
es with knowledge of the matter
said last month. — Reuters
ical considerations played “no role
whatsoever” in the central bank’s
deliberations.
In a unanimous decision, the
Fed delivered on what some econ-
omists called a “dovish hike,” rais-
ing the target range for the federal
funds rate by 0.25 point, with 2.5%
at the high end, while providing the
clearest signal to date of a cautious
stance moving forward, especially
as it keeps an eye on potential in-
ternational risks.
Despite generally healthy
growth, Powell acknowledged the
increased sense of caution due to
“developments that may signal
some softening, relative to what we
were expecting a few months ago.”
“Growth in other economies
around the world has moderated
Ghosn may be released after court
rejects detention extension
BY SHINGO ITO
TOKYO: Carlos Ghosn could soon
be freed on bail after a Japanese
court yesterday threw out a bid by
prosecutors to extend his detention,
in a move nearly as unexpected
as the car tycoon’s sudden arrest.
The 64-year-old Franco-Brazil-
ian-Lebanese executive has lan-
guished in a Japanese detention
centre since his arrest on Nov 19
for alleged financial misconduct
sent shockwaves through the busi-
ness world.
But in another stunning devel-
opment, the Tokyo District Court
somewhat over the course of 2018,
albeit still solid levels,” he told re-
porters.
Since inflation has remained
moderate, that allows the Fed “to
be patient” in raising rates moving
forward.
And central bankers now ex-
pect just two increases next year
in the key rate used to set the cost
of borrow for everything from cars
to homes.
“Faced with political pressure
from the president to stop raising
rates and panic on the part of inves-
tors who were seeing their massive
capital gains disappear, the Fed
could have punted.
“Instead, it decided to continue
trying to win the game,” economist
Joel Naroff said.
said prosecutors had filed a bid to
extend his detention on Dec 20,
but it was “rejected”.
In the Japanese system, it is ex-
tremely rare for the court to grant
bail to someone who denies the
allegations as Ghosn does, and the
decision took observers by surprise.
The move paved the way for a
potential release as early as today,
according to public broadcaster
NHK.
Ghosn’s lawyers are expected to
request bail while prosecutors will
lodge an appeal against the court
decision, according to local news
agency Jiji Press.
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
The US is facing potential chal-
lenges from Trump’s trade war, a
slowing Chinese economy and the
potential economic and financial
turmoil that could come in the wake
of Britain’s exit from the European
Union.
Increasing signs the US econo-
my may have peaked have caused
stock markets to crumble in recent
weeks, with Wall Street wiping out
all of its 2018 gains.
The policy-setting Federal Open
Market Committee also released its
quarterly forecasts showing officials
see economic growth moderating
so that they now expect to increase
the benchmark interest rate only
twice next year rather than three
times, as forecast in September.
— AFP
A spokesman for the Tokyo dis-
trict public prosecutors office told
AFP the office would “deal with it
appropriately”.
The prosecutors had formally
charged him on Dec 10 with fi-
nancial misconduct for alleged-
ly under-declaring his income by
some ¥5 billion (RM183.92 million)
between 2010 and 2015.
At the same time, they re-ar-
rested him on suspicion of also
under-reporting his income by
a further ¥4 billion over the past
three years. He has not formally
been charged over this allegation.
— AFP
IN BRIEF
Altria nears deal
to buy Juul stake
NEW YORK: Marlboro cigarette
maker Altria Group Inc is near-
ing an agreement to buy over
a third of Juul Labs Inc, valu-
ing the e-cigarette startup at
US$38 billion (RM158.84 bil-
lion), sources said on Wednes-
day. The deal would value Juul
at more than double the rough-
ly US$16 billion valuation it
fetched in July in a private fund-
ing round, highlighting the San
Francisco-based company’s
explosive growth. Juul’s vap-
ing devices, which resemble
a Universal Serial Bus flash
drive, have helped the com-
pany quickly become the mar-
ket leader in the US e-cigarette
business, growing from 13.6%
of the market in early 2017 to
over 75% last month, accord-
ing to a Wells Fargo analysis of
Nielsen retail data. — Reuters
J&J fails to have
verdict set aside
NEW YORK: Johnson & John-
son (J&J) has failed to per-
suade a Missouri trial judge
to set aside a July verdict award-
ing a record US$4.69 billion
(RM19.6 billion) to 22 women
who blamed their ovarian can-
cer on asbestos in the compa-
ny’s Baby Powder and other
talc products. The healthcare
company faces thousands of
lawsuits over the safety of talc
in its Baby Powder, a fixture of
its consumer products divi-
sion that has been core to J&J’s
reputation as a family-friendly
company. — Reuters
Facebook shares
extend declines
NEW YORK: Facebook Inc tum-
bled on Wednesday, with its
share pricess extending their
declines throughout the session
after the social media company
was sued by the District of Co-
lumbia over a privacy breach.
The news followed a report
from The New York Times that
Facebook had allowed over
150 companies to access more
personal data from users than
it had disclosed, the latest in a
series of controversies that have
weighed on shares in 2018. The
stock fell as much as 7.3%, put-
ting it on track for its biggest
one-day percentage drop since
its historic collapse in late July.
— Bloomberg
SoftBank recovers
from early fall
TOKYO: SoftBank Corp shares
fell as much as 8% early yester-
day before erasing the losses in
volatile trading, following the
telecommunications compa-
ny’s (telco’s) 15% tumble on
debut the previous day. The
unit of technology investment
giant SoftBank Group Corp had
raised ¥2.65 trillion (RM98.44
billion) at ¥1,500 per share in
Japan’s biggest ever IPO. The
slide has inflicted big losses
on the retail investors who had
mostly bought into the house-
hold name. Parent SoftBank
Group Corp’s shares were down
1.7%. — Reuters
FRIDAY DECEMBE R 21 , 20 1 8 • THEED G E FINA NCIA L DA ILY
British MPs erupt over ‘stupid woman’ jibe
BY A L I C E R I TC H I E
LONDON: Britain’s House of Com-
mons erupted into outrage and
near mutiny on Wednesday over
an alleged sexist jibe by the oppo-
sition leader against Prime Minister
Theresa May.
After months of warring over
Brexit, members of parliament (MPs)
in the governing Conservative Par-
ty were united in condemnation of
Labour leader Jeremy Corbyn (pic),
Two Buddhists
killed in
Myanmar’s
Rakhine state
YANGON: Myanmar forces
are conducting new rounds
of “clearance operations” in
conflict-hit Rakhine state af-
ter four local Buddhists were
attacked and two killed, the
commander-in-chief’s office
said yesterday, with one of the
incidents blamed on Rohingya
Muslims.
The violence occurred
around evening on Monday
along Pyu Ma creek in north-
ern Rakhine state’s Maung-
daw township, the same area
where forces waged a bloody
crackdown against the Rohing-
ya last year.
More than 720,000 Rohingya
fled to Bangladesh after Myan-
mar launched clearance oper-
ations in August 2017.
Myanmar said it was de-
fending itself against Rohingya
militants who attacked police
posts and has denied almost
all claims of atrocities.
But the commander-in-chief
Min Aung Hlaing’s office said
in the statement posted to his
official website yesterday that
security forces were active
again and had been carrying
out “area clearance operations
along Pyu Ma Creek.”
The post said the activity
was sparked after two ethnic
Rakhine Buddhist men did not
return from fishing and were
later found on the creek bank
with their throats slit.
On the same day two mem-
bers of another ethnic Buddhist
minority were attacked while
fishing along the creek by six
men “speaking Bengali lan-
guage,” but they escaped and
were treated at a local hospi-
tal. — AFP
China, Canada said to discuss third detainee’s return
BY P E T E R M A RTI N
BEIJING: Canada was in discus-
sions with China over the return of
a third Canadian national detained
in recent days, the National Post re-
ported, a move that could ease one
source of tension in the diplomat-
ic feud between the two nations.
The third Canadian has been
who was accused of muttering that
May was a “stupid woman”.
“This kind of misogynistic lan-
guage must not be tolerated,” fumed
Conservative deputy chairman
James Cleverly, while some fe-
male Labour MPs also warned it
was “not OK”.
But Corbyn said he had used the
words “stupid people”, referring not
to May but those “seeking to turn a
debate about the national crisis fac-
ing our country into a pantomime”.
Trump starts
withdrawal of US
forces from Syria
He says they have defeated IS and were no longer needed there
BY IDREES ALI & P HIL S TE WART
WASHINGTON: US President Don-
ald Trump has begun what will be a
total withdrawal of US troops from
Syria, declaring on Wednesday they
have succeeded in their mission to
defeat Islamic State (IS) and were no
longer needed in the country.
A decision to pull out completely,
confirmed by US officials and expect-
ed in the coming months, coincides
with the roughly 2,000 US troops
identified as Sarah McIver from
Alberta and was believed to have
been taken into custody over visa
issues related to her teaching in
China, the newspaper reported
late on Wednesday, citing mul-
tiple sources it didn’t identify.
Arrangements were being made
for her return, the paper said,
noting that diplomatic officials
He said he was “completely op-
posed to the use of sexist or misog- us in the House of Commons to be
ynist language”.
There is growing concern
about the level of abuse re-
ceived by female politicians,
especially on social media,
and May said on Wednes-
day she did not want women
to be “put off ” becom-
ing MPs by what
might be said
in parliament.
finishing up a campaign to retake
territory once held by IS militants.
But it could leave the US with few
options to prevent a resurgence of IS.
It could also undercut US leverage
in the region and undermine diplo-
matic efforts to end the Syrian civil
war, which is now in its eighth year.
“They’re all coming back and
they’re coming back now. We won,”
Trump declared on Wednesday in a
video posted on Twitter.
News of a full withdrawal drew
say the case remains unresolved.
“Consular officials are provid-
ing assistance to the family,” Mae-
gan Graveline, a spokeswoman for
Global Affairs Canada, said earlier
on Wednesday, referring to the lat-
est case. Canadian Prime Minister
Justin Trudeau also played down
links between the third case and
those of two Canadians detained
“I think it is incumbent on all of
careful about the language that
we use,” she told reporters.
However, several La-
bour MPs accused the
Conservatives of exag-
gerating the row, which
comes one day be-
fore parliament
breaks for the
Christmas hol-
idays. — AFP
immediate criticism from some of
Trump’s fellow Republicans, who
said that leaving strengthened the
hands of Russia and Iran, which both
support Syrian President Bashar al
Assad.
It may also leave exposed an al-
liance of Kurdish and Arab militias
known as the Syrian Democratic
Forces which has been among the
most effective against IS but is un-
der threat as Turkey weighs a new
offensive in Syria. — Reuters
Filepic of
US soldiers
surveilling the
area during
a combined
joint patrol in
Manbij, Syria,
on Nov 1. Some
Republicans
says withdrawal
will strengthen
the hands of
Russia and
Iran, which
both support
Syrian President
Bashar al
Assad. Photo by
Reuters
by China’s spy agency on Dec 10,
saying it didn’t fit the same pattern.
The developments suggest that
Chinese and Canadian officials are
looking to contain a diplomatic
dispute that erupted after Huawei
Technologies Co executive Meng
Wanzhou’s arrest in Vancouver as
part of a US-led extradition effort.
— Bloomberg
W O R L D 21
IN BRIEF
Cambodian PM’s son
tapped for party
committee
PHNOM PENH: The eldest son
of Cambodian Prime Minister
(PM) Hun Sen was promoted
yesterday to the ruling party’s
permanent committee, an offi-
cial said, as questions swirl over
who might succeed the strong-
man. Hun Sen, 66, has ruled
Cambodia for 33 years, backed
by networks of family-linked
loyalists and patronage ties. His
sons have also been tapped for
key posts across the country’s
defence and intelligence es-
tablishments. Hun Manet, 41,
achieved yet another milestone
yesterday when he was voted
into the Cambodian People’s
Party permanent committee,
party spokesman Sok Eysan
told AFP. — AFP
‘George HW Bush secretly
sponsored Filipino boy’
CHICAGO: To the boy in the
Philippines, his American ben-
efactor and source of kind let-
ters and gifts was known simply
as “G Walker.” To the Chris-
tian charity helping him keep
his benevolence secret from
the world, he was George Her-
bert Walker Bush — the 41st
president of the US. Com-
passion International, which
helps poor children around
the world through a network
of local churches, revealed for
the first time this week that the
late president, who died last
month, had quietly sponsored
a Filipino boy named Timothy
for 10 years. The organisation
released a number of Bush’s
heartwarming letters to his
young charge. — AFP
‘Britain can still hold
second Brexit referendum’
PARIS: Britain can still hold
a second Brexit referendum,
France’s European Affairs Min-
ister Nathalie Loiseau said
yesterday. “The door remains
open, but it will be up to them
to choose, not us,” Loiseau told
French TV station CNews. For-
mer prime minister Tony Blair
is among those leading calls for
a second Brexit referendum as
Prime Minister Theresa May
faces deadlock in parliament
over her deal to leave the Eu-
ropean Union. May has con-
sistently ruled out a second
referendum as an option. —
Reuters
Academic stalked in Hong
Kong hits out at China
SYDNEY: An Australian aca-
demic who was followed for a
week by a state-owned newspa-
per in Hong Kong has suggest-
ed Beijing could be behind the
intimidation and has vowed not
to be bullied. Kevin Carrico —
a lecturer in Chinese Studies at
Sydney’s Macquarie University
— was tailed by the Wen Wei
Po tabloid during a visit earlier
this month and was the subject
of a front-page “expose”. The
paper accused him of stirring
“pro-independence” sentiment
in Hong Kong, holding “secret
meetings”. — AFP
22
live it!
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

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

WEEKEND
by numbers
21.12.18 to 23.12.18
Your quick guide to rest and relaxation. By Sophiya Sabapathy

4 classic christmas movies

It’s a Wonderful Life is a 1946 American
Christmas film produced and directed by
Frank Capra. The film stars James Stewart
as George Bailey, a man who has given up
his dreams in order to help others, and
imminent suicide on Christmas Eve brings
about the intervention of his guardian
angel who shows him how different life
would be if he were to never be born.
Miracle on 34th Street is a 1947 American
Christmas film written and directed by
George Seaton. The story takes place
between Thanksgiving Day and Christmas
Day in New York City, and focuses on the
impact of a department store Santa Claus
who claims to be the real Santa.
Home Alone is a 1990 American Christmas
Comedy written and produced by John
Hughes and directed by Chris Columbus.
It is about an eight-year-old boy who is
mistakenly left behind when his family
flies to Paris for their Christmas vacation.
Kevin initially relishes being home alone,
but soon has to contend with two burglars.
The Nightmare Before Christmas is a
1996 Christmas stop-motion animated
dark fantasy Halloween-Christmas
musical directed by Henry Selick and
produced by Tim Burton. It tells the story
of Jack Skellington, the King of “Halloween
Town” who stumbles through a portal
to “Christmas Town” and decides to
celebrate the holiday.
 live it! 23
FRIDAY DECEMBE R 21 , 20 1 8 • THEED G E FINA NCIA L DA ILY

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

3 weekend activities to enjoy

HEAD over to the OMG Christmas Bazaar which is
one of the biggest themed-bazaar in town with more
than 180 vendor booths. There will be a variety of
products including handmade, lifestyle, homemade
food and drinks, art and craft, natural healthcare,
clothing, jewellery and unique collectables. A talented
home chef will also be there with their signature
foods, cookies and drinks to satisfy your cravings.
It will be held tomorrow and Sunday from 10am to
9pm at Expo Hall 1 and 2, Level 5, Starling Mall, 6,
Jalan SS 21/37, Damansara Utama, Petaling Jaya, COME together at the Golfer’s
Selangor. Visit thestarling.com.my for further details. Terrace, TPC Kuala Lumpur for a
Christmas-themed Holiday Roast
dinner this Sunday. They have a
colourful variety for this special
menu ranging from the traditional
roast turkey to a tandoori turkey.
Make a call today at (03) 2011
9111 as bookings need to be made
two days in advance. Join them at
the Golfer’s Terrace, Bukit Kiara,
Kuala Lumpur.

TREAT the kids to a Christmas Cookie Workshop

on Sunday. Whether their making it for a family
dinner or Santa Claus, cookies are a necessary part
of Christmas and there will always be a reason to
whip up a batch during this season. Kiddomo will be
hosting this cookie decoration workshop and help
the little ones decorate cookies into a Christmas
tree, snowflake or gingerbread man. From 1pm-
2pm, it will be held at Kiddomo Universe, Lot T-326,
Level 3, The Starling, 6, Jalan SS 21/37, Damansara
Utama, Petaling Jaya, Selangor. Visit kiddomo.com
for more information.

3 christmas stories for kids

‘Twas the Night Before Christmas, when all
through the house, not a creature was stirring,
not even a mouse. Open this pop-up book and
enjoy an abbreviated version of the classic
poem that magically burst into life, with
scenes including a beautiful Christmas tree
and Santa and his reindeer flying across the
starlit sky. Available for RM63.47 at malaysia.
kinokuniya.com.
Nobody captures the spirit of Christmas
like Enid Blyton’s Christmas Tales, She
describes the excitement of anticipating
gifts, the pleasures of making special food, of
singing carols, and coming together to share
good times with friends and families. There
is mischief and mayhem but good always
prevails in the end. Available for RM40.37
at malaysia.kinokuniya.com.
Raymond Briggs introduces his readers to a
grumpy Father Christmas in this book. He
has awoken from a dream of summer sun
to discover it is December 24th, Christmas
Eve, the star of his longest night of work
every year. Available for RM45.64 at malaysia.
kinokuniya.com.
2 4 S P O RT S
Gunners outgunned by Spurs
Tottenham defeat Arsenal to set up League Cup semi-final against Chelsea
BY M A RT Y N HERMA N
LONDON: Tottenham Hotspur
gained sweet revenge over north
London rivals Arsenal as goals in
each half by Son Heung-min and
Dele Alli earned them a 2-0 win
on Wednesday and a League Cup
semi-final place.
Seventeen days after losing 4-2
in a pulsating Premier League clash,
in-form Tottenham returned to the
Emirates to claim a first away victory
over Arsenal in eight years and set up
a two-legged semi against Chelsea.
Son opened the scoring against the
run of play with a stylish 20th-minute
effort from Alli’s pass and Alli doubled
Tottenham’s lead with a delightful
dinked finish on the hour.
Shortly afterwards Alli appeared
to be struck by a plastic bottle
thrown from the Arsenal fans but it
did not dampen Tottenham’s night
as they took a step towards a first
trophy under Manchester United
target Mauricio Pochettino.
“It’s a big derby, last time we were
Bale hattrick
leads Real
Madrid into Club
World Cup final
BY A L EXA N D ER CORN W ELL
ABU DHABI: Gareth Bale
scored a hattrick as Real Ma-
drid beat Japan’s Kashima Ant-
lers 3-1 on Wednesday to book
a spot in the Club World Cup
Final.
European champions Real
will play host side Al Ain FC in
tomorrow’s final in Abu Dhabi
as they bid to win the title for
the third year in a row.
Kashima almost made a
dream start inside two minutes
with a close-range shot from
Serginho that was saved by Real
goalkeeper Thibaut Courtois.
Bale opened the scoring in
the 44th minute with a left-foot
strike into the bottom corner
of the net after playing a one-
two with Marcelo.
Bale struck his second in the
53rd minute, taking advantage
of a defensive mix-up that left
the Kashima goal wide open,
and the Wales forward made
it 3-0 to the Spanish side two
minutes later with a left-foot
shot into the top corner.
Bale has now scored six
goals in the tournament, trail-
ing only his former teammate
Cristiano Ronaldo who has net-
ted seven.
“He (Bale) played a superb
match,” Real coach Santiago
Solari told reporters. “He has
shown what he is, and what he
can do.” — Reuters
here we didn’t have a great result
and this is a special night,” Son said.
Arsenal had gone 22 matches
unbeaten in all competitions un-
der new manager Unai Emery until
Sunday’s league defeat at South-
ampton and a second loss in four
Hazard’s late goal takes Chelsea
through against Bournemouth
BY CLAR E LOV ELL
LONDON: An 84th-minute Eden
Hazard goal, which spun into the net
after a heavy deflection, earned Chel-
sea a place in the League Cup semi-fi-
nals after a 1-0 win over Bournemouth
in an entertaining tie on Wednesday.
Chelsea had buzzed round the
Bournemouth goal for much of the
game but it was not until substitute
Hazard came on with half an hour
to go that they looked creative and
decisive enough to break through.
Mourinho ‘proud’ of Manchester United career
LONDON: Jose Mourinho (pic) said
on Wednesday he was “immensely
proud” of his time at Manchester
United but refused to delve into
the issues that played a part in his
Old Trafford exit.
“I have been immensely proud
to wear the badge of Manchester
United since the first day I arrived,
and I believe all United supporters
recognise this,” Mourinho said in
a statement released to Britain’s
Press Association.
“Just as was the case with my
previous clubs, I have worked with
some wonderful people and I be-
lieve that some will be my friends
for life.
“I know that you are all aware of
my professional principles. Each
time a chapter is closed I show my
deepest respect and I don’t make
any comments about my former
colleagues.”
days was a bitter pill to swallow.
The hosts played well in patches
but were guilty of wasting several
chances, especially before the break.
Tottenham keeper Paulo Gaz-
zaniga, in for rested Hugo Lloris,
was also inspired when he needed
“The difference was the changes
that we made,” Chelsea’s assistant
boss Gianfranco Zola told reporters.
“Of course we have a lot of games
and players like Eden [Hazard] we
need to keep fit. Even in 20 minutes
he can make a big difference.”
Another player who caught Zola’s
eye was England midfielder Ruben
Loftus-Cheek.
“I was impressed with him. He
has done well as a wide player, but
he showed a lot of sacrifice as a mid-
fielder,” Zola said.
The former Chelsea, Real Ma-
drid and Inter Milan boss told Sky
Sports News he has a future be-
yond United.
“Manchester United has a fu-
ture without me and I have a
future without Manchester
United, so why should I now
be sharing with you, or even
with the supporters, any of
my feelings?
“It’s over. That’s me and
that’s the way I’ve always
been and I was always very
critical of managers that
leave clubs and then they
come out and they speak
about details of what hap-
pened and who is to blame
for this kind of situation —
that’s not me. I just want to
finish, it happened yesterday
and I’d like to say it’s game over.”
— AFP
FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
Son (centre)
scoring
Tottenham’s
first goal of the
League Cup
quarter-final
match against
Arsenal at
the Emirates
Stadium in
London, Britain
on Wednesday.
Photo by
Reuters
to be, clawing an Aaron Ramsey
volley on to the post just before
half-time.
The Argentine was first Spurs
goalkeeper to keep a clean sheet
away at Arsenal in any competition
since November, 1998. — Reuters
“He was getting tired but was
disciplined ... He is a good boy
and works very hard.”
It was the first home game since
alleged racist taunts against Man-
chester City’s Raheem Sterling
prompted an outcry and Chelsea
banned four fans.
Chelsea chairman Bruce Buck
took a page in the programme to
condemn racism, and the atmos-
phere in the ground was lively but
appeared good humoured with no
added security in evidence. — Reuters
IN BRIEF
Report recommends new
approach to stamp out
corruption in tennis
LONDON: A report on the in-
tegrity of tennis on Wednesday
recommended an overhaul of
attempts to tackle corruption
in the sport. The recommenda-
tions, which the sport pledged
to implement in full from the
outset, include limiting the sale
of live data to reduce the op-
portunities for betting-related
corruption, a ban on receiving
sponsorship from betting com-
panies and a reorganisation of
the Tennis Integrity Unit. In a
joint statement, the heads of the
ATP, WTA, International Tennis
Federation and the four Grand
Slams, said: “Having already
confirmed our agreement in
principle to the draft recommen-
dations contained in the IRP’s
(Independent Review Panel)
Interim Report of April 2018,
we will now work collectively
to prioritise timely implementa-
tion of the panel’s final integrity
and governance recommenda-
tions.” — AFP
Chinese football imposes
salary cap in new
spending crackdown
SHANGHAI: Chinese football
yesterday imposed a salary cap
of 10 million yuan (RM6.07 mil-
lion) a year for domestic players
and vowed to kick teams out for
so-called “yin-yang contracts”.
The swingeing measures are
part of a ramped-up effort by
the Chinese Football Associa-
tion (CFA) to clamp down on big
spending and get teams to toe
a tougher financial line. There
will also be a limit on bonuses
and other financial inducements
for domestic players, according
to state sports channel CCTV5
and other reports on an end-
of-season CFA conference in
Shanghai. — AFP
Atletico’s Hernandez
to join Bayern for €80m
in January — report
MADRID: Atletico Madrid de-
fender Lucas Hernandez will
join German champions Bay-
ern Munich for €80 million
(RM382.6 million) when the
winter transfer window opens
in January, Spanish daily Marca
reported on Wednesday. Marca
said that the French World Cup
winner has agreed a four-year
deal with the Bundesliga side
after being told he is key to their
plans as they look to regenerate
an ageing squad. — Reuters
Liverpool can match
Arsenal’s ‘Invincibles’
season, says Lovren
LONDON: Liverpool defend-
er Dejan Lovren has said the
Premier League leaders can go
through the whole season un-
beaten, matching the achieve-
ment of Arsenal’s “Invincibles”
in 2003/04. “Hopefully we can
be unbeaten until the end of the
season,” said Lovren. “Of course
it will be a challenge but this is
what we want, this is why we
came here to Liverpool, because
we know we can do it. Arsenal
did it before so why not?” — AFP
FRIDAY DECEMBE R 21 , 20 1 8 • THEED G E FINA NCIA L DA ILY
Markets 2 5
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MKT CAP
(MIL)
0.315 0.230 0.250 0.230 0186 PTRANS 0.235 -0.010 11371.7 0.239 8.58 4.04 329.2
Sectorial Movement 1.049 0.700 0.730
1.653 0.920 1.300
0.720
1.250
7134
7237
PWF
PWROOT
0.720
1.300
-0.010
0.010
13.6
13.8
0.722 10.50
1.263 39.76
4.17
4.54
125.2
522.9
7.630 4.244 6.200 6.080 7084 QL 6.160 0.060 2416.1 6.149 47.90 0.73 9,994.2
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG 0.600 0.360 0.410 0.410 9946 REX 0.410 UNCH 230 0.410 — — 101.1
FBM KLCI 1,650.56 -5.10 -0.31 CONSTRUCTION 149.23 -1.14 -0.76 0.267 0.180 0.190 0.185 0037 RGB 0.185 UNCH 726 0.187 8.60 3.30 284.7
CONSUMER PRODUCTS & SERVICES 644.45 -0.77 -0.12
0.994 0.750 0.820 0.790 5278 RHONEMA 0.815 UNCH 31 0.812 11.92 6.13 135.3
FBM ACE 4,191.66 -55.41 -1.30
1.362 0.350 0.385 0.370 0183 SALUTE 0.385 -0.005 589 0.383 20.59 6.23 149.4
FBM TOP 100 11,181.36 -24.25 -0.22 ENERGY 798.75 3.67 0.46 0.380 0.115 0.345 0.335 9113 SANBUMI 0.340 -0.005 736 0.338 — — 77.0
FBM EMAS 11,263.33 -26.47 -0.23 FINANCIAL SERVICES 17,135.31 -53.90 -0.31 0.705 0.200 0.215 0.205 5252 SASBADI 0.210 0.005 300.6 0.209 43.75 3.19 88.0
0.520 0.280 0.295 0.280 5157 SAUDEE 0.280 UNCH 80.2 0.280 — — 37.1
FBM MID 70 12,805.49 13.07 0.10 HEALTH CARE 1,291.42 -3.03 -0.23 0.675 0.577 0.645 0.640 9792 SEG 0.645 UNCH 88 0.644 17.97 4.26 815.6
FBM MIDS CAP 11,424.54 -49.79 -0.43 INDUSTRIAL PRODUCTS & SERVICES 165.41 0.44 0.27 1.570 1.250 1.300 1.280 5250 SEM 1.280 0.010 1792 1.284 26.45 2.11 1,578.7
FBM SMALL CAP 11,038.06 -66.25 -0.60 PLANTATION 6,590.99 -45.66 -0.69 0.707 0.480 0.525 0.520 7180 SERNKOU 0.525 UNCH 113 0.520 14.00 — 126.0
6.336 4.581 5.690 5.550 5517 SHANG 5.560 -0.140 122 5.662 30.23 2.70 2,446.4
FBM FLEDGLING 14,091.81 -49.92 -0.35 PROPERTY 870.71 0.75 0.09 1.350 0.510 0.525 0.525 7412 SHH 0.525 0.015 0.5 0.525 — 9.52 26.2
FTSE4GOOD BURSA M’SIA 915.45 -3.82 -0.42 REAL ESTATE INVESTMENT TRUSTS 913.48 1.77 0.19 0.775 0.365 0.400 0.390 7246 SIGN 0.390 UNCH 491.2 0.395 14.61 3.85 93.7
FBM PALM OIL PLANTATION MYR 11,002.64 -40.04 -0.36 TECHNOLOGY 28.16 -0.22 -0.78 2.969 1.979 2.300 2.200 4197 SIME 2.260 -0.040 8701.5 2.252 26.75 2.65 15,369.9
0.750 0.200 0.310 0.280 8532 SINOTOP 0.285 -0.010 139.1 0.282 219.23 — 112.5
FBM EMAS SHARIAH 11,126.49 -32.84 -0.29 TELECOMMUNICATION & MEDIA 600.99 1.04 0.17 0.418 0.105 0.115 0.110 9776 SMCAP 0.115 UNCH 274.3 0.111 0.71 — 24.6
FBM HIJRAH SHARIAH 12,634.75 -31.43 -0.25 TRANSPORTATION & LOGISTICS 712.27 -5.46 -0.76 0.320 0.225 — — 7943 SNC 0.270 — — — — — 17.8
UTILITIES 916.51 -1.97 -0.21
0.370 0.295 0.310 0.300 5242 SOLID 0.310 UNCH 77.6 0.301 55.36 0.65 121.5
FBM MIDS CAP SHARIAH 10,876.70 -56.17 -0.51
2.460 2.090 — — 7103 SPRITZER 2.180 — — — 15.87 2.52 457.8
2.588 1.920 1.920 1.920 9865 SUIWAH 1.920 UNCH 5.1 1.920 9.41 0.52 117.1
1.051 0.590 — — 7186 SWSCAP 0.690 — — — — — 125.8
Bursa Malaysia Main Market 0.411 0.210 0.230
0.430 0.280 0.310
1.877 1.268 1.400
0.230
0.310
1.370
7082
7211
4405
SYF
TAFI
TCHONG
0.230
0.310
1.400
UNCH
0.005
0.010
30
7.5
71.3
0.230
0.310
—
—
1.393 21.60
6.52
—
2.14
142.4
24.8
940.8
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP 1.440 0.720 — — 7439 TECGUAN 0.745 — — — — — 29.9
0.459 0.220 0.245 0.235 7200 TEKSENG 0.245 0.005 20.1 0.235 — 8.16 85.3
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) 1.073 0.735 0.970 0.960 7252 TEOSENG 0.960 -0.015 142.6 0.965 11.12 — 288.0
CONSUMER PRODUCTS & SERVICES 1.199 0.837 — — 9369 TGL 0.940 — — — 6.39 5.32 38.3
1.132 0.717 0.785 0.760 0012 3A 0.770 -0.015 85.8 0.771 11.48 2.60 378.8 0.768 0.480 — — 7230 TOMEI 0.530 — — — 15.59 1.89 73.5
0.450 0.205 0.230 0.220 5238 AAX 0.225 UNCH 5726.4 0.225 — — 933.3 0.420 0.320 — — 7176 TPC 0.340 — — — — — 79.5
0.510 0.300 0.400 0.390 7120 ACOSTEC 0.395 -0.005 276.5 0.395 — — 76.8 6.926 4.200 5.540 5.410 4588 UMW 5.470 -0.090 481.7 5.460 12.39 0.91 6,390.6
2.606 1.426 1.590 1.560 6599 AEON 1.580 -0.010 178.6 1.572 22.32 2.53 2,218.3 2.478 2.080 2.270 2.220 7757 UPA 2.270 0.070 2 2.245 17.96 3.52 180.7
0.295 0.115 0.125 0.115 7315 AHB 0.125 0.005 83 0.121 — — 22.0 1.130 0.750 0.890 0.850 7240 VERTICE 0.885 0.020 30.8 0.856 — — 165.4
8.870 4.799 7.760 7.750 7090 AHEALTH 7.760 0.010 10.5 7.750 16.66 1.68 912.2 2.404 1.080 1.130 1.080 7203 WANGZNG 1.130 -0.020 53.2 1.086 17.66 3.54 180.8
3.974 1.997 2.770 2.630 5099 AIRASIA 2.720 0.050 10048.1 2.694 3.25 8.82 9,090.2 2.339 1.961 2.060 2.060 5016 WARISAN 2.060 UNCH 10 2.060 20.70 1.94 138.4
24.942 17.740 18.000 17.840 2658 AJI 18.000 0.160 7.2 17.976 18.38 2.58 1,094.4 0.210 0.105 0.120 0.115 5156 XDL 0.120 UNCH 7490 0.120 15.38 — 216.6
0.370 0.200 0.250 0.215 7051 AMTEK 0.250 0.020 313.7 0.250 — — 12.5 0.625 0.450 0.480 0.460 7121 XIANLNG 0.480 0.025 11 0.462 114.29 — 38.4
8.344 6.280 6.300 6.280 6351 AMWAY 6.280 -0.020 9.5 6.287 22.42 3.18 1,032.3 0.065 0.035 — — 5155 XINQUAN 0.055 — — — — — 26.7
0.035 0.005 0.020 0.020 5194 APFT 0.020 UNCH 750 0.020 — — 26.8 2.307 1.800 1.850 1.850 5584 YEELEE 1.850 UNCH 88 1.850 8.72 2.43 354.5
4.462 3.577 3.620 3.620 6432 APOLLO 3.620 UNCH 1 3.620 25.19 5.52 289.6 1.284 0.973 1.010 1.000 5159 YOCB 1.000 UNCH 38.5 1.001 6.01 4.00 160.0
0.240 0.110 0.115 0.110 1481 ASB 0.115 0.005 88 0.113 — 2.17 106.9 3.390 2.267 2.700 2.650 7178 YSPSAH 2.660 0.060 16.5 2.657 12.76 2.63 367.9
0.776 0.355 0.400 0.375 7722 ASIABRN 0.375 -0.030 1.2 0.398 — — 87.2 2.023 1.200 1.220 1.210 5131 ZHULIAN 1.220 0.010 10 1.219 11.69 6.15 561.2
2.848 2.380 2.500 2.500 7129 ASIAFLE 2.500 -0.010 2 2.500 9.05 6.00 486.9 INDUSTRIAL PRODUCTS & SERVICES
4.596 3.973 4.450 4.300 7048 ATLAN 4.450 0.020 3.5 4.321 23.34 6.97 1,128.7 0.150 0.070 0.070 0.070 7086 ABLEGRP 0.070 UNCH 75 0.070 — — 18.5
0.425 0.200 — — 8885 AVI 0.240 — — — — — 206.1 0.700 0.350 0.390 0.390 7191 ADVENTA 0.390 UNCH 1 0.390 31.20 — 59.6
38.680 21.708 36.980 35.000 4162 BAT 36.980 0.420 173 36.216 24.36 4.08 10,558.9 2.155 1.780 2.000 1.990 9148 ADVPKG 1.990 -0.010 9 1.997 24.84 4.52 40.8
2.380 1.800 2.240 2.190 5248 BAUTO 2.200 -0.040 1410.5 2.201 11.51 4.93 2,558.5 0.185 0.110 0.120 0.120 7146 AEM 0.120 0.005 116 0.120 — — 35.9
0.070 0.030 0.040 0.040 7243 BIOOSMO 0.040 UNCH 500 0.040 — — 31.8 0.740 0.370 — — 5198 AFUJIYA 0.410 — — — 13.06 — 73.8
1.864 1.291 1.320 1.310 5196 BJFOOD 1.320 0.010 8.6 1.316 146.67 3.03 504.1 0.420 0.230 — — 2682 AISB 0.255 — — — 3.74 — 36.8
0.400 0.180 0.245 0.205 4219 BJLAND 0.210 0.030 12153.4 0.219 — — 1,050.1 0.673 0.491 0.560 0.520 7609 AJIYA 0.555 0.035 202 0.540 6.78 1.80 169.0
2.533 1.954 2.150 2.100 1562 BJTOTO 2.150 0.020 1039.8 2.129 12.02 7.44 2,904.7 0.250 0.160 0.170 0.165 9954 AKNIGHT 0.165 UNCH 974 0.166 — — 95.2
0.437 0.220 0.235 0.220 9288 BONIA 0.220 -0.005 248.5 0.224 12.64 5.68 177.4 1.080 0.420 0.460 0.445 2674 ALCOM 0.445 -0.025 31.2 0.449 19.52 — 59.8
0.505 0.160 0.180 0.160 9474 BRAHIMS 0.180 UNCH 66.5 0.176 — — 42.5 1.414 1.006 — — 7083 ANALABS 1.100 — — — 13.87 0.45 132.1
1.020 0.515 0.535 0.525 7174 CAB 0.535 0.020 82.9 0.530 11.31 0.93 345.8 0.682 0.366 0.490 0.455 4758 ANCOM 0.455 -0.025 581.6 0.464 4.59 — 109.6
1.279 0.541 1.020 1.000 7154 CAELY 1.020 UNCH 68 1.007 44.16 0.98 82.6 3.658 1.150 1.250 1.200 6556 ANNJOO 1.240 -0.010 248 1.230 3.76 15.32 694.3
0.415 0.220 — — 7128 CAMRES 0.230 — — — 16.67 — 45.3 0.105 0.035 0.045 0.040 9342 ANZO 0.045 UNCH 8767.8 0.043 — — 39.6
2.129 1.403 1.650 1.600 5245 CARING 1.650 UNCH 6.5 1.605 18.52 3.03 359.2 0.927 0.800 — — 5568 APB 0.810 — — — — 3.70 91.4
20.612 14.243 20.000 19.660 2836 CARLSBG 19.980 -0.020 64.2 19.889 23.53 4.24 6,108.8 3.757 2.800 — — 5015 APM 2.800 — — — 16.01 4.82 564.5
2.300 1.440 1.500 1.490 2925 CCB 1.500 -0.010 7.8 1.490 185.19 — 151.1 0.919 0.660 0.700 0.700 7214 ARANK 0.700 -0.035 10 0.700 6.29 4.64 84.7
1.010 0.395 0.415 0.395 7035 CCK 0.410 UNCH 948.7 0.403 7.95 3.66 258.6 1.159 0.605 0.645 0.625 7162 ASTINO 0.635 0.005 58.8 0.634 6.01 1.57 174.1
1.463 0.975 1.000 0.975 7148 CCMDBIO 0.980 -0.020 376.1 0.988 14.43 4.15 648.6 2.000 1.340 1.660 1.640 8176 ATAIMS 1.650 -0.030 1756.9 1.652 19.55 — 1,892.6
0.540 0.300 — — 7209 CHEETAH 0.300 — — — 83.33 1.33 38.3 1.064 0.585 — — 7099 ATTA 0.660 — — — 2.54 12.12 140.8
2.173 1.500 1.610 1.500 2828 CIHLDG 1.500 -0.100 1.1 1.600 9.52 6.67 243.0 0.470 0.074 0.340 0.260 7181 ATURMJU 0.340 -0.020 208.5 0.287 — — 22.9
0.145 0.060 0.065 0.060 5104 CNI 0.060 -0.005 40 0.063 200.00 — 43.2 0.954 0.596 0.710 0.660 7579 AWC 0.695 -0.010 215.2 0.682 8.27 0.72 199.8
0.145 0.035 — — 5188 CNOUHUA 0.035 — — — — — 23.4 0.438 0.313 0.350 0.350 5021 AYS 0.350 0.005 0.1 0.350 5.44 7.14 133.1
2.541 1.850 1.900 1.850 7205 COCOLND 1.850 -0.050 10.5 1.877 13.49 3.24 423.3 2.146 1.182 — — 8133 BHIC 1.350 — — — — 2.59 335.4
0.085 0.005 0.025 0.020 03016 CRG 0.020 UNCH 517.8 0.021 4.26 — 16.1 0.470 0.260 0.295 0.260 7005 BIG 0.295 0.005 94.3 0.292 — — 14.2
1.619 1.082 1.100 1.090 7202 CSCENIC 1.090 -0.010 5 1.099 17.30 6.42 131.3 0.195 0.115 0.140 0.130 6998 BINTAI 0.140 UNCH 30.1 0.130 10.77 — 40.5
0.020 0.010 — — 5214 CSL 0.010 — — — — — 12.4 0.395 0.260 0.290 0.275 3395 BJCORP 0.280 0.005 35188.4 0.282 — — 1,378.6
0.540 0.435 — — 9423 CWG 0.435 — — — 8.73 3.45 54.9 0.822 0.500 0.520 0.500 0168 BOILERM 0.510 0.010 293 0.515 12.20 3.43 263.2
0.040 0.025 0.030 0.025 7179 DBE 0.025 -0.005 68.1 0.030 — — 67.0 0.100 0.040 0.045 0.040 7036 BORNOIL 0.040 -0.005 2890.2 0.042 — — 213.6
1.090 0.897 — — 7119 DEGEM 1.050 — — — 13.04 0.95 140.7 1.340 0.865 — — 6297 BOXPAK 1.000 — — — — — 120.0
4.309 2.140 2.300 2.140 5908 DKSH 2.150 -0.090 322.1 2.177 6.81 4.65 339.0 1.149 0.818 0.945 0.940 5100 BPPLAS 0.945 0.025 30.5 0.943 9.84 4.23 177.4
74.652 55.645 61.000 59.700 3026 DLADY 60.520 -0.940 227.1 59.899 32.23 1.65 3,873.3 0.285 0.150 0.155 0.150 9938 BRIGHT 0.150 -0.005 46 0.151 — — 30.8
2.711 1.600 1.680 1.600 1619 DRBHCOM 1.630 -0.040 4314.6 1.628 — 1.84 3,151.2 0.780 0.280 — — 7221 BSLCORP 0.360 — — — — — 35.3
0.275 0.095 0.095 0.095 2097 EASTLND 0.095 UNCH 14.5 0.095 — — 23.3 2.800 1.350 1.400 1.360 2771 BSTEAD 1.360 UNCH 131.2 1.380 38.31 5.51 2,756.7
0.735 0.509 0.600 0.600 5081 EIG 0.600 UNCH 5 0.600 25.10 5.00 142.3 0.300 0.070 0.090 0.090 7188 BTM 0.090 -0.010 110 0.090 — — 12.7
0.100 0.050 — — 7182 EKA 0.065 — — — — — 20.3 2.940 1.830 1.960 1.830 5105 CANONE 1.910 -0.090 60 1.897 7.17 2.09 367.0
0.265 0.150 0.155 0.150 9091 EMICO 0.155 -0.010 7.1 0.150 — — 14.9 0.015 0.010 — — 5229 CAP 0.010 — — — — — 13.6
1.415 0.943 — — 7149 ENGKAH 1.020 — — — 45.13 2.94 72.2 1.858 0.960 0.995 0.985 7076 CBIP 0.990 UNCH 467 0.990 11.28 5.05 532.9
0.365 0.125 0.140 0.130 7208 EURO 0.130 -0.005 136 0.135 — — 34.7 2.410 1.550 1.700 1.690 2879 CCM 1.690 -0.050 12 1.694 28.64 4.14 283.4
0.750 0.570 — — 7094 EUROSP 0.570 — — — — — 25.3 1.600 1.160 1.260 1.160 8435 CEPCO 1.160 -0.100 30 1.163 — — 51.9
40.000 25.607 31.120 29.900 3689 F&N 31.100 0.300 495.3 31.030 29.56 1.85 11,406.8 1.360 0.900 — — 8044 CFM 1.330 — — — — — 54.5
0.950 0.740 — — 2755 FCW 0.740 — — — 189.74 — 185.0 0.495 0.360 0.390 0.390 7187 CHGP 0.390 0.010 1 0.390 19.70 — 115.9
0.570 0.430 — — 6939 FIAMMA 0.465 — — — 7.22 3.76 246.5 1.218 0.660 0.665 0.665 5273 CHINHIN 0.665 -0.005 21 0.665 15.83 5.26 370.0
0.589 0.285 0.315 0.305 8605 FIHB 0.315 0.015 6.5 0.314 6.80 2.48 34.3 2.000 1.446 1.640 1.590 5007 CHINWEL 1.640 UNCH 15.3 1.612 8.11 4.88 491.2
1.931 1.150 1.580 1.560 9172 FPI 1.570 -0.020 201.5 1.572 9.94 5.10 388.4 2.183 1.410 1.480 1.430 5797 CHOOBEE 1.460 -0.030 20.8 1.454 4.37 3.42 192.3
0.950 0.600 — — 7184 G3 0.750 — — — — — 309.4 0.493 0.295 0.310 0.310 7016 CHUAN 0.310 0.010 5 0.310 — 3.55 52.3
3.070 1.308 2.680 2.650 5102 GCB 2.670 -0.030 469.7 2.659 8.03 1.12 1,282.0 0.880 0.465 — — 8052 CICB 0.540 — — — 32.34 1.80 48.6
0.580 0.400 0.480 0.480 5592 GCE 0.480 UNCH 11 0.480 — 4.17 94.6 0.060 0.035 0.035 0.035 7018 CME 0.035 UNCH 56.8 0.035 — — 20.4
5.605 2.760 3.180 3.010 4715 GENM 3.080 0.020 51098.1 3.104 — 3.57 18,289.2 4.334 1.740 2.830 2.730 2852 CMSB 2.830 0.050 645 2.772 11.15 2.83 3,040.5
9.569 5.910 6.320 6.180 3182 GENTING 6.230 -0.100 4521.6 6.260 26.18 2.33 24,153.0 0.900 0.410 — — 7986 CNASIA 0.475 — — — 13.42 — 21.6
0.260 0.100 — — 5079 GETS 0.145 — — — — — 18.3 1.450 0.840 0.860 0.850 5071 COASTAL 0.860 0.005 13.2 0.860 — 2.33 457.2
0.230 0.105 — — 0136 GREENYB 0.125 — — — — 2.40 41.7 0.337 0.100 0.100 0.100 7195 COMCORP 0.100 -0.010 19.1 0.100 — — 14.0
5.323 2.480 2.610 2.560 7668 HAIO 2.580 0.020 160 2.590 11.45 7.75 774.8 1.209 0.684 0.880 0.850 2127 COMFORT 0.880 0.025 752.6 0.858 17.50 1.14 494.5
3.897 3.400 — — 5008 HARISON 3.490 — — — 11.37 5.73 239.0 0.045 0.020 0.025 0.025 5037 COMPUGT 0.025 UNCH 5996.4 0.025 — — 58.7
0.370 0.050 — — 5187 HBGLOB 0.060 — — — 2.05 — 28.1 1.550 0.975 1.020 0.990 5094 CSCSTEL 1.010 -0.010 38.4 0.999 9.61 9.90 383.8
23.548 17.420 20.360 19.820 3255 HEIM 20.260 -0.040 33.7 20.262 22.16 4.44 6,120.5 0.667 0.480 0.480 0.480 7157 CYL 0.480 UNCH 1 0.480 — 8.33 48.0
12.115 8.450 9.280 8.880 3301 HLIND 8.880 -0.120 138.1 9.067 8.57 4.17 2,911.8 0.410 0.295 0.370 0.370 5082 CYMAO 0.370 UNCH 160 0.370 — — 27.8
0.873 0.592 0.680 0.660 5160 HOMERIZ 0.660 -0.020 39.1 0.663 9.39 6.36 198.0 1.780 1.333 1.670 1.580 5184 CYPARK 1.620 UNCH 400.1 1.592 9.27 2.30 742.0
0.380 0.300 0.380 0.375 7213 HOVID 0.375 UNCH 1423.9 0.379 32.89 — 309.8 2.373 1.630 1.660 1.650 8125 DAIBOCI 1.650 -0.010 12 1.651 21.85 2.52 541.0
1.154 0.945 0.955 0.945 5024 HUPSENG 0.945 -0.005 366.1 0.950 16.94 6.35 756.0 0.585 0.320 0.435 0.415 5276 DANCO 0.425 -0.010 245.8 0.423 9.66 3.53 126.7
0.455 0.280 0.310 0.310 8478 HWATAI 0.310 -0.020 8 0.310 — — 23.2 0.670 0.120 0.175 0.170 7212 DESTINI 0.175 -0.005 2486.4 0.172 7.42 — 202.2
2.070 1.089 1.200 1.180 5107 IQGROUP 1.180 UNCH 6 1.197 — 8.47 103.9 0.755 0.270 0.345 0.330 7114 DNONCE 0.345 0.020 98 0.339 24.64 — 83.5
0.080 0.030 0.030 0.030 7223 JADI 0.030 UNCH 108.5 0.030 — — 28.3 0.295 0.100 — — 5835 DOLMITE 0.100 — — — — — 28.5
1.371 0.709 0.820 0.820 7152 JAYCORP 0.820 -0.025 46 0.820 10.90 6.10 112.5 0.190 0.085 0.095 0.095 5265 DOLPHIN 0.095 0.005 205 0.095 — — 23.2
0.523 0.335 0.360 0.350 8931 JERASIA 0.360 0.010 180 0.351 3.84 2.78 29.5 1.369 1.156 1.290 1.290 7169 DOMINAN 1.290 UNCH 3.6 1.290 6.66 5.43 213.2
1.364 0.823 0.940 0.920 7167 JOHOTIN 0.940 -0.010 265.9 0.927 12.14 4.26 291.8 2.713 0.598 2.180 2.060 7233 DUFU 2.120 -0.040 996.2 2.124 12.02 2.20 558.0
0.400 0.280 — — 8672 KAMDAR 0.290 — — — — — 57.4 2.816 1.818 2.710 2.650 1368 EDGENTA 2.700 0.030 107.5 2.672 16.82 4.07 2,245.4
1.338 0.440 0.490 0.440 5247 KAREX 0.455 -0.035 1149.5 0.463 56.88 1.10 456.1 0.355 0.170 — — 0064 EFFICEN 0.180 — — — — — 127.6
3.064 1.810 1.950 1.950 7216 KAWAN 1.950 UNCH 8 1.950 30.42 2.01 701.1 0.720 0.430 0.475 0.450 8907 EG 0.475 0.010 1080.7 0.460 7.65 — 128.2
0.185 0.080 — — 8303 KFM 0.120 — — — — — 8.2 1.696 1.095 1.290 1.280 5208 EITA 1.280 -0.020 30 1.287 8.28 3.91 166.4
0.739 0.540 0.590 0.555 6203 KHEESAN 0.590 0.015 427.1 0.572 15.28 2.54 61.4 0.990 0.634 — — 9016 EKSONS 0.765 — — — — 6.54 125.6
2.179 1.400 — — 7062 KHIND 1.700 — — — 44.85 0.59 68.1 0.815 0.370 — — 7217 EMETALL 0.420 — — — 10.07 5.95 79.1
1.868 1.573 — — 0002 KOTRA 1.650 — — — 11.48 3.03 237.1 1.230 0.805 0.865 0.830 5056 ENGTEX 0.865 0.020 56 0.836 12.22 1.73 383.5
0.845 0.350 0.375 0.375 7130 KPOWER 0.375 -0.005 0.1 0.375 — — 28.6 0.510 0.380 0.460 0.410 7773 EPMB 0.460 UNCH 58 0.449 — — 76.3
0.145 0.070 0.090 0.080 5172 KSTAR 0.090 0.005 35 0.082 — — 34.3 0.686 0.335 0.350 0.340 5101 EVERGRN 0.350 UNCH 542.9 0.345 7.97 3.94 296.2
0.160 0.055 0.060 0.060 4847 KTB 0.060 UNCH 5 0.060 — — 24.2 1.690 1.050 1.100 1.080 2984 FACBIND 1.100 -0.020 20 1.090 54.73 3.64 93.7
0.925 0.470 0.480 0.470 1643 LANDMRK 0.470 -0.025 101.2 0.473 — — 248.6 2.685 2.200 2.290 2.250 7229 FAVCO 2.290 -0.010 16 2.258 9.47 5.90 507.0
4.340 2.953 — — 7006 LATITUD 3.770 — — — 37.33 1.59 366.5 0.629 0.403 — — 0149 FIBON 0.525 — — — 21.88 1.43 51.5
1.000 0.325 0.370 0.345 9385 LAYHONG 0.360 0.015 2990.6 0.359 18.75 1.39 237.7 1.998 1.703 — — 3107 FIMACOR 1.800 — — — 8.57 6.94 441.5
1.090 0.341 0.925 0.855 8079 LEESK 0.890 0.035 6 0.862 14.38 1.69 149.4 0.465 0.365 0.400 0.390 9318 FITTERS 0.400 UNCH 691 0.395 19.51 — 192.2
3.479 2.135 2.650 2.590 7089 LIIHEN 2.620 -0.040 148.1 2.610 9.50 4.77 471.6 1.700 0.914 1.520 1.480 5197 FLBHD 1.500 -0.010 270 1.499 6.98 — 158.3
0.690 0.460 0.640 0.630 7126 LONBISC 0.640 0.005 3885.7 0.634 8.76 — 131.3 0.503 0.177 0.210 0.205 5277 FPGROUP 0.205 UNCH 44.5 0.208 13.95 4.88 106.3
1.200 0.780 0.950 0.910 7085 LTKM 0.915 -0.085 14.5 0.922 14.78 2.19 119.0 1.750 0.605 0.650 0.630 7197 GESHEN 0.630 0.015 34 0.645 10.10 — 50.4
5.562 3.880 4.070 3.900 7087 MAGNI 4.040 -0.010 13.8 4.022 7.01 3.47 657.4 1.300 0.420 0.585 0.565 5220 GLOTEC 0.580 UNCH 1176.5 0.576 — — 156.1
2.257 1.597 1.960 1.930 3859 MAGNUM 1.950 -0.010 689.1 1.941 32.61 5.64 2,803.6 0.330 0.170 0.190 0.185 7192 GOODWAY 0.190 -0.010 319.2 0.190 14.18 — 21.0
0.145 0.115 0.120 0.120 3514 MARCO 0.120 UNCH 235 0.120 9.76 4.17 126.5 0.110 0.080 0.080 0.080 7096 GPA 0.080 UNCH 115 0.080 400.00 — 78.4
0.050 0.005 — — 5189 MAXWELL 0.010 — — — — — 4.0 0.325 0.170 — — 5649 GPHAROS 0.175 — — — 4.53 — 23.8
1.070 0.800 0.800 0.800 5886 MBG 0.800 UNCH 1.6 0.800 25.48 3.75 48.6 0.745 0.460 0.475 0.475 3247 GUH 0.475 -0.020 4.1 0.475 — — 132.0
2.644 1.860 2.050 2.020 5983 MBMR 2.030 UNCH 392.8 2.030 — 2.22 793.5 1.180 0.670 — — 5151 HALEX 0.700 — — — — — 74.2
0.565 0.185 0.215 0.210 7234 MESB 0.215 0.010 2.2 0.211 — — 17.6 9.995 8.394 9.900 9.780 3034 HAPSENG 9.880 UNCH 599.6 9.867 21.70 3.54 24,598.1
0.230 0.185 — — 03015 MFGROUP 0.230 — — — 15.44 — 73.6 7.383 5.629 6.210 6.030 5168 HARTA 6.200 0.020 2840.5 6.193 43.33 1.35 20,636.5
2.239 0.555 0.590 0.555 3662 MFLOUR 0.575 -0.005 1171.5 0.576 60.53 9.57 316.4 19.158 4.520 4.750 4.600 4324 HENGYUAN 4.650 -0.110 173.3 4.676 5.94 0.43 1,395.0
0.860 0.600 — — 7935 MILUX 0.715 — — — — — 38.9 1.139 0.525 0.570 0.555 5095 HEVEA 0.560 -0.010 203.2 0.557 12.04 10.71 314.0
0.270 0.045 0.045 0.045 5166 MINDA 0.045 UNCH 162.6 0.045 — — 55.8 0.806 0.609 0.660 0.660 3298 HEXZA 0.660 -0.010 1.5 0.660 17.32 7.58 132.3
4.300 2.720 2.750 2.750 5202 MSM 2.750 UNCH 0.5 2.750 32.70 — 1,933.2 0.530 0.250 0.270 0.250 5072 HIAPTEK 0.255 -0.015 5319.2 0.257 11.86 1.96 342.8
0.040 0.010 0.015 0.015 5150 MSPORTS 0.015 UNCH 68.8 0.015 — — 9.1 1.360 0.705 0.815 0.780 5199 HIBISCS 0.810 0.020 21913.7 0.802 4.38 — 1,286.5
0.255 0.145 0.165 0.160 3891 MUIIND 0.160 UNCH 557.1 0.160 — — 469.2 1.680 1.078 — — 7033 HIGHTEC 1.200 — — — 6.67 2.92 48.7
2.420 1.730 1.790 1.760 3905 MULPHA 1.770 UNCH 94.2 1.776 2.02 — 565.7 0.878 0.520 0.595 0.595 8443 HIL 0.595 0.025 10 0.595 14.30 2.94 198.8
1.788 1.252 1.440 1.420 5275 MYNEWS 1.440 0.020 10.1 1.420 37.11 0.69 982.3 0.620 0.335 — — 5165 HOKHENG 0.420 — — — 100.00 — 33.6
159.79 97.07 147.00 144.50 4707 NESTLE 147.000 0.700 117.3 145.969 51.56 — 34,471.5 1.910 0.445 0.840 0.820 0185 HSSEB 0.835 0.020 139 0.828 14.83 0.92 414.0
3.254 2.550 — — 7060 NHFATT 2.680 — — — 13.28 3.83 221.6 0.665 0.135 0.145 0.135 2739 HUAAN 0.140 -0.005 3887 0.140 3.88 — 157.1
0.075 0.035 0.040 0.035 7139 NICE 0.035 -0.005 2370.4 0.037 7.14 — 11.7 2.180 0.490 0.500 0.490 5000 HUMEIND 0.490 -0.010 275 0.499 — 4.08 234.8
0.320 0.150 0.240 0.230 7215 NIHSIN 0.235 UNCH 1159.9 0.236 14.16 — 75.6 0.130 0.090 0.095 0.095 9601 HWGB 0.095 UNCH 31.8 0.095 — — 30.8
0.642 0.472 0.510 0.495 5066 NTPM 0.495 -0.005 10.3 0.502 25.92 4.85 556.0 2.350 1.720 2.160 2.150 7222 IMASPRO 2.160 0.030 808.6 2.160 27.45 1.62 172.8
0.700 0.350 — — 5533 OCB 0.480 — — — — — 49.4 0.905 0.450 0.470 0.470 5673 IPMUDA 0.470 -0.030 1 0.470 — — 34.1
0.726 0.422 — — 0049 OCNCASH 0.510 — — — 13.64 1.96 113.7 0.290 0.100 0.125 0.125 7183 IRETEX 0.125 UNCH 150 0.125 — — 18.2
1.362 0.635 0.695 0.665 7107 OFI 0.695 0.030 30 0.675 17.73 3.60 166.8 0.150 0.110 0.110 0.110 8648 JASKITA 0.110 UNCH 322 0.110 — — 49.5
0.150 0.090 0.095 0.090 3018 OLYMPIA 0.095 UNCH 546 0.092 5.69 — 97.2 1.746 1.500 — — 0058 JCBNEXT 1.500 — — — 22.56 3.00 206.7
6.318 5.742 6.040 5.980 4006 ORIENT 6.040 0.040 118.5 6.024 7.40 3.31 3,747.2 0.290 0.165 0.195 0.180 9083 JETSON 0.195 0.010 61 0.188 — — 40.9
1.398 0.460 0.570 0.520 5260 OWG 0.525 -0.025 1083.2 0.545 19.44 — 145.5 1.080 0.950 — — 7043 JMR 0.950 — — — — — 120.4
6.119 3.150 3.650 3.510 7052 PADINI 3.620 -0.040 606.9 3.615 14.43 2.76 2,381.6 0.250 0.125 0.130 0.130 0054 KARYON 0.130 UNCH 57 0.130 6.53 2.31 61.8
39.467 31.084 38.100 37.700 3719 PANAMY 37.900 0.260 4.2 37.970 18.19 3.91 2,302.3 0.598 0.441 0.530 0.530 7199 KEINHIN 0.530 0.030 5.2 0.530 36.81 1.89 57.7
0.466 0.315 — — 5022 PAOS 0.350 — — — 77.78 2.29 63.4 1.667 1.364 1.520 1.510 6491 KFIMA 1.520 0.010 16 1.516 7.30 5.92 429.0
0.450 0.250 — — 9407 PARAGON 0.250 — — — — — 17.5 1.268 0.584 0.940 0.900 0151 KGB 0.930 -0.010 601.5 0.921 12.79 1.08 248.0
0.650 0.235 0.255 0.245 5657 PARKSON 0.245 UNCH 154.4 0.248 — — 268.0 0.460 0.200 0.260 0.260 6211 KIALIM 0.260 0.015 0.5 0.260 — — 16.1
0.375 0.185 0.195 0.185 6068 PCCS 0.190 -0.005 405.1 0.188 4.42 5.26 39.9 2.958 2.000 2.590 2.450 3522 KIANJOO 2.450 -0.140 526.1 2.537 16.49 1.63 1,088.2
0.880 0.290 0.310 0.305 5231 PELIKAN 0.310 UNCH 146 0.306 32.29 — 171.5 1.606 1.090 — — 5371 KIMHIN 1.270 — — — — 3.94 197.6
0.675 0.350 — — 9997 PENSONI 0.530 — — — — 3.77 68.7 0.030 0.005 — — 5060 KINSTEL 0.005 — — — — — 5.2
0.450 0.195 0.355 0.345 7080 PERMAJU 0.345 -0.010 20039 0.349 — — 67.6 1.028 0.780 — — 9466 KKB 0.870 — — — 14.62 2.30 224.3
28.181 22.720 25.560 25.100 5681 PETDAG 25.400 -0.200 616.7 25.379 23.34 3.62 25,233.7 0.300 0.070 0.080 0.070 7164 KNM 0.070 -0.005 15916 0.074 — — 165.9
0.185 0.140 0.145 0.140 4081 PMCORP 0.145 UNCH 202 0.143 53.70 — 112.1 0.950 0.500 — — 5035 KNUSFOR 0.500 — — — — — 49.8
0.210 0.085 0.090 0.090 1287 PMHLDG 0.090 UNCH 1610 0.090 — — 83.6 1.700 0.810 1.220 1.220 6971 KOBAY 1.220 -0.010 10 1.220 8.22 — 124.6
0.658 0.440 0.450 0.450 5080 POHKONG 0.450 UNCH 14 0.450 8.72 2.22 184.7 0.245 0.125 0.130 0.125 7017 KOMARK 0.130 UNCH 195 0.127 — — 21.4
1.739 1.093 1.470 1.430 7088 POHUAT 1.470 UNCH 86.2 1.445 7.24 4.76 342.9 4.720 3.165 4.400 4.310 7153 KOSSAN 4.350 UNCH 1400.9 4.341 29.86 1.26 5,563.4
18.900 13.701 17.000 16.740 4065 PPB 16.980 0.080 1547.9 16.922 19.64 1.55 24,155.7 0.880 0.470 0.480 0.480 9121 KPSCB 0.480 -0.005 10 0.480 5.12 — 71.0
0.528 0.360 — — 7190 PPG 0.360 — — — 72.00 5.56 36.0 4.860 3.665 4.170 4.110 3476 KSENG 4.140 -0.010 98.5 4.140 39.85 2.42 1,496.5
1.000 0.700 0.750 0.725 7168 PRG 0.750 UNCH 121.6 0.745 — — 232.8 0.724 0.310 — — 5192 KSSC 0.310 — — — 7.69 6.45 29.8
0.948 0.550 — — 8966 PRLEXUS 0.570 — — — 14.50 2.63 102.8 0.527 0.225 0.245 0.240 6874 KUB 0.240 UNCH 610.1 0.240 7.10 6.25 133.6
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 6 Markets FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

BURSA MAL AYSIA MAIN MARKET

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
0.560 0.250 0.315 0.315 8362 KYM 0.315 0.005 0.1 0.315 — — 47.2 4.720 3.165 4.400 4.310 7153 KOSSAN 4.350 UNCH 1400.9 4.341 29.86 1.26 5,563.4
6.330 1.860 1.880 1.860 3794 LAFMSIA 1.870 -0.030 177.7 1.865 — — 1,588.9 1.868 1.573 — — 0002 KOTRA 1.650 — — — 11.48 3.03 237.1
0.687 0.440 0.465 0.465 9326 LBALUM 0.465 0.005 4.4 0.465 18.31 2.15 115.5 1.170 0.840 1.040 1.030 5878 KPJ 1.030 -0.010 754.9 1.035 23.57 1.94 4,524.8
6.192 4.180 4.520 4.450 5284 LCTITAN 4.500 UNCH 64.7 4.496 8.87 5.11 10,385.1 4.393 2.645 2.800 2.760 7081 PHARMA 2.780 -0.040 18.1 2.785 12.07 7.19 724.2
0.962 0.400 0.485 0.460 5232 LEONFB 0.485 0.005 66.1 0.465 2.93 3.09 150.4 4.584 1.843 3.460 3.310 7106 SUPERMX 3.450 0.090 2720.7 3.423 19.82 2.32 2,346.5
0.365 0.100 0.120 0.105 8745 LEWEKO 0.115 -0.005 41.1 0.115 — — 37.0 0.895 0.695 0.730 0.720 0101 TMCLIFE 0.730 UNCH 160.8 0.720 45.63 0.23 1,267.6
0.245 0.085 — — 7170 LFECORP 0.100 — — — — — 18.6 6.360 5.310 5.480 5.310 7113 TOPGLOV 5.360 -0.020 11034.1 5.391 31.33 1.59 13,724.5
0.785 0.410 0.425 0.420 8486 LIONFIB 0.420 0.005 8 0.422 10.10 — 97.3 0.300 0.230 — — 03013 TOPVISN 0.300 — — — 36.14 — 76.7
1.520 0.450 0.520 0.485 4235 LIONIND 0.495 -0.005 2404.4 0.499 2.06 — 355.4 3.390 2.267 2.700 2.650 7178 YSPSAH 2.660 0.060 16.5 2.657 12.76 2.63 367.9
0.570 0.250 0.260 0.260 9881 LSTEEL 0.260 -0.015 5 0.260 3.87 — 33.3 FINANCIAL SERVICES
0.115 0.075 0.080 0.080 5068 LUSTER 0.080 UNCH 1261.8 0.080 19.05 — 158.1 4.319 3.678 3.950 3.850 2488 ABMB 3.950 0.040 574.5 3.912 11.95 3.87 6,115.0
0.793 0.500 0.515 0.500 5143 LUXCHEM 0.505 -0.010 404.7 0.506 11.15 4.95 436.0 16.300 11.741 14.940 14.600 5139 AEONCR 14.840 0.200 81.6 14.760 10.34 2.85 3,721.1
4.561 2.250 — — 9199 LYSAGHT 2.250 — — — 9.46 3.11 93.6 2.642 2.153 2.290 2.270 5185 AFFIN 2.270 -0.010 39 2.282 8.18 2.20 4,410.5
1.381 0.340 0.375 0.360 5098 MASTEEL 0.365 -0.005 1052.3 0.367 3.76 2.47 155.9 14.700 10.440 12.500 12.460 1163 ALLIANZ 12.460 -0.040 111.2 12.473 6.01 0.96 2,201.5
0.730 0.531 0.585 0.585 7029 MASTER 0.585 UNCH 10 0.585 6.25 3.42 32.0 4.725 3.278 4.320 4.140 1015 AMBANK 4.220 -0.020 3021.4 4.234 10.87 3.55 12,719.9
1.373 0.905 1.020 1.010 5152 MBL 1.010 UNCH 37.1 1.010 9.23 0.99 103.8 1.620 0.900 — — 5088 APEX 0.920 — — — 22.17 — 196.5
0.830 0.470 0.550 0.470 7004 MCEHLDG 0.470 -0.010 62.7 0.477 — — 20.9 4.420 3.400 3.640 3.600 5258 BIMB 3.600 -0.020 147.9 3.617 9.00 4.31 6,096.8
0.280 0.100 0.105 0.100 3778 MELEWAR 0.105 0.005 734.9 0.104 — — 37.7 7.971 6.720 6.820 6.720 1818 BURSA 6.730 -0.090 584.3 6.754 23.87 3.91 5,434.3
0.715 0.450 0.460 0.460 5223 MENTIGA 0.460 0.010 4 0.460 7.32 — 32.2 7.206 5.101 5.680 5.600 1023 CIMB 5.650 -0.050 4640.7 5.652 9.48 4.42 54,039.2
1.750 1.545 1.600 1.600 6149 METROD 1.600 UNCH 5.7 1.600 18.78 3.75 192.0 0.400 0.240 — — 2143 ECM 0.320 — — — 56.14 — 153.6
0.916 0.245 0.265 0.260 5001 MIECO 0.265 UNCH 180.5 0.263 — 3.77 139.1 1.330 1.150 1.230 1.220 5228 ELKDESA 1.220 UNCH 48 1.228 11.12 5.74 376.9
0.145 0.050 0.050 0.050 7219 MINETEC 0.050 -0.005 375 0.050 — — 45.2 20.980 16.183 20.380 20.100 5819 HLBANK 20.300 -0.020 1246.4 20.29 15.34 2.36 44,004.7
0.424 0.244 0.290 0.255 5576 MINHO 0.270 -0.015 114.8 0.276 7.65 1.78 91.9 10.100 7.327 — — 5274 HLCAP 9.600 — — — 30.64 1.98 2,370.2
0.956 0.667 0.710 0.705 5916 MSC 0.705 -0.015 35 0.708 51.09 1.42 282.0 19.952 16.666 18.960 18.700 1082 HLFG 18.800 -0.200 262.7 18.82 10.99 2.13 21,573.3
0.060 0.020 0.030 0.020 0043 MTRONIC 0.030 UNCH 7451.6 0.025 — — 28.9 0.990 0.650 0.690 0.675 3379 INSAS 0.680 -0.020 168.1 0.681 5.80 2.94 471.5
2.884 1.115 1.830 1.760 3883 MUDA 1.770 -0.060 791.7 1.784 6.12 1.98 539.9 0.400 0.070 0.075 0.075 3441 JOHAN 0.075 UNCH 90 0.075 — — 46.7
0.590 0.240 0.270 0.265 5087 MYCRON 0.265 -0.005 5.1 0.265 6.40 — 75.1 0.780 0.519 0.600 0.585 6483 KENANGA 0.595 -0.005 250 0.589 11.62 5.04 430.0
0.640 0.330 0.480 0.415 7241 NGGB 0.440 -0.010 1607.6 0.456 122.22 — 201.7 2.819 1.351 1.760 1.680 2186 KUCHAI 1.700 -0.020 33.1 1.688 4.66 0.59 210.4
0.355 0.070 0.070 0.070 5025 NWP 0.070 UNCH 560.3 0.070 — — 27.5 17.233 15.700 15.940 15.800 8621 LPI 15.860 0.060 18.6 15.91 20.19 4.00 6,318.4
0.879 0.563 0.610 0.585 4944 NYLEX 0.605 UNCH 54 0.603 5.58 3.31 117.6 0.773 0.400 0.455 0.445 1198 MAA 0.455 0.005 140.9 0.447 — 13.19 124.5
1.098 0.585 0.605 0.600 7140 OKA 0.600 -0.010 8.5 0.602 7.59 6.12 147.2 3.314 2.300 — — 1058 MANULFE 2.300 — — — 17.90 3.48 465.5
1.738 0.910 0.925 0.910 5065 ORNA 0.910 -0.015 218.3 0.918 5.90 5.49 68.5 10.451 8.458 9.300 9.220 1155 MAYBANK 9.300 -0.030 4149.8 9.262 12.73 6.13 102,762.1
0.130 0.045 0.055 0.050 7225 PA 0.055 UNCH 170 0.050 — — 102.9 1.254 0.890 0.935 0.925 1171 MBSB 0.925 -0.015 813.2 0.929 8.60 5.41 5,909.9
1.219 0.364 0.810 0.795 8419 PANSAR 0.800 UNCH 1588.3 0.810 30.30 1.88 246.4 2.062 0.845 0.895 0.845 6459 MNRB 0.885 UNCH 1038.4 0.877 3.03 — 678.8
0.692 0.415 0.435 0.420 5125 PANTECH 0.435 0.005 48.2 0.427 6.96 4.60 325.3 1.850 1.010 1.080 1.050 5237 MPHBCAP 1.080 0.010 20.9 1.070 13.22 — 772.2
10.200 7.197 9.300 9.040 5183 PCHEM 9.210 0.080 5492.5 9.131 15.73 3.15 73,680.0 1.105 0.990 1.000 0.990 6009 P&O 1.000 UNCH 100.5 0.995 — 5.27 286.9
1.562 0.669 0.720 0.700 5271 PECCA 0.720 0.010 92.5 0.716 12.18 6.94 135.4 26.160 19.687 24.680 24.380 1295 PBBANK 24.660 UNCH 2894 24.61 16.82 2.68 95,733.5
5.292 3.233 4.700 4.650 5436 PERSTIM 4.700 -0.030 11.7 4.659 11.80 6.38 466.7 1.636 1.008 1.470 1.420 9296 RCECAP 1.470 0.030 273 1.437 5.41 5.44 528.4
2.070 0.950 1.000 0.980 5219 PESTECH 1.000 0.010 175.7 0.993 13.46 — 764.3 5.795 4.691 5.250 5.130 1066 RHBBANK 5.240 0.020 790.2 5.211 9.57 3.34 21,012.6
20.000 15.659 19.180 18.900 6033 PETGAS 19.000 -0.200 561 18.984 19.00 3.63 37,595.9 0.695 0.461 0.640 0.625 4898 TA 0.625 -0.005 475.4 0.633 0.65 6.56 1,069.9
14.620 6.010 6.300 6.100 3042 PETRONM 6.170 -0.130 86.3 6.158 4.77 4.05 1,665.9 4.090 3.170 4.010 3.950 6139 TAKAFUL 4.000 UNCH 762.6 3.997 12.65 3.75 3,296.9
1.500 1.000 — — 3611 PGLOBE 1.080 — — — — — 201.6 1.097 0.525 0.540 0.525 5230 TUNEPRO 0.530 -0.010 807.6 0.533 8.45 5.66 398.4
0.218 0.090 — — 7201 PICORP 0.105 — — — 45.65 1.43 69.1 PROPERTY
1.941 1.186 1.430 1.410 7095 PIE 1.410 -0.010 182.6 1.418 11.73 1.70 541.5 0.380 0.240 — — 7131 ACME 0.290 — — — 15.43 — 69.2
0.280 0.100 — — 7163 PJBUMI 0.150 — — — — — 12.3 0.757 0.505 0.510 0.510 1007 AMPROP 0.510 UNCH 12 0.510 2.53 7.84 310.8
4.280 3.200 3.690 3.600 7172 PMBTECH 3.600 -0.130 228 3.647 56.51 0.69 581.8 0.396 0.220 0.240 0.240 1007PA AMPROP-PA 0.240 UNCH 0.5 0.240 — 8.33 69.2
5.734 3.753 4.850 4.720 8869 PMETAL 4.850 0.040 1142.8 4.786 30.41 1.34 19,160.5 1.420 0.900 0.900 0.900 5959 AMVERTON 0.900 UNCH 2.4 0.900 9.81 — 328.6
0.550 0.460 — — 6637 PNEPCB 0.550 — — — 189.66 — 72.3 0.650 0.280 — — 7007 ARK 0.330 — — — — — 16.1
0.620 0.260 0.305 0.260 8117 POLY 0.305 -0.025 9 0.285 11.21 — 48.8 0.175 0.110 0.115 0.110 4057 ASIAPAC 0.110 -0.005 131 0.110 4.33 — 114.1
0.770 0.390 0.500 0.480 8273 PPHB 0.500 UNCH 32 0.488 5.26 — 94.3 6.741 4.480 5.000 5.000 2305 AYER 5.000 0.020 1 5.000 27.38 1.00 374.3
1.151 0.505 0.565 0.520 9873 PRESTAR 0.530 0.010 60.5 0.527 5.15 9.43 108.6 0.510 0.280 0.300 0.290 6602 BCB 0.290 -0.030 192 0.296 3.94 — 119.6
0.113 0.035 0.060 0.055 7123 PWORTH 0.060 0.005 39608.2 0.057 0.10 — 245.7 0.630 0.285 — — 6173 BDB 0.300 — — — — — 91.2
1.150 0.705 — — 7544 QUALITY 0.790 — — — — — 45.8 0.430 0.180 — — 9814 BERTAM 0.270 — — — — — 55.8
0.580 0.220 0.270 0.220 7498 RALCO 0.270 0.050 20.1 0.220 — — 12.5 0.539 0.245 0.285 0.280 3239 BJASSET 0.280 UNCH 195 0.280 — — 716.3
0.520 0.210 0.230 0.220 5256 REACH 0.225 -0.005 2991.4 0.224 — — 246.7 1.540 0.963 — — 5738 CHHB 1.150 — — — — — 317.1
0.420 0.260 0.265 0.260 7232 RESINTC 0.260 -0.005 41 0.261 22.81 — 35.7 1.432 1.190 1.250 1.250 6718 CRESNDO 1.250 0.060 40.3 1.250 12.98 4.80 350.6
1.554 0.720 — — 9741 ROHAS 0.745 — — — 14.49 2.68 352.1 1.619 1.108 — — 5049 CVIEW 1.350 — — — 4.82 3.70 135.0
0.733 0.465 0.465 0.465 7803 RUBEREX 0.465 -0.005 80 0.465 8.35 3.76 117.3 3.010 1.950 3.010 3.000 5355 DAIMAN 3.000 UNCH 88.6 3.000 18.34 1.67 636.6
4.424 3.590 — — 5134 SAB 3.600 — — — 14.27 1.39 493.0 0.58 0.230 0.255 0.230 3484 DBHD 0.230 -0.045 472.4 0.245 4.01 — 73.2
8.480 5.708 7.500 7.230 9822 SAM 7.300 -0.160 61.3 7.276 13.26 1.92 986.7 0.100 0.050 0.055 0.050 7198 DPS 0.050 -0.005 150.1 0.050 — — 29.4
1.230 0.680 0.715 0.680 5147 SAMCHEM 0.680 -0.025 386.9 0.689 8.48 5.88 185.0 1.656 1.020 1.130 1.110 3417 E&O 1.130 0.010 235.5 1.124 16.87 2.60 1,499.2
0.895 0.700 0.780 0.700 7811 SAPIND 0.700 -0.050 15 0.722 7.50 5.71 50.9 0.325 0.280 0.295 0.285 3557 ECOFIRS 0.295 0.010 325.9 0.291 5.10 — 236.9
0.830 0.205 0.260 0.235 5170 SCABLE 0.260 UNCH 8 0.242 — — 82.4 1.470 0.895 0.920 0.895 8206 ECOWLD 0.915 -0.005 697.6 0.905 16.25 — 2,694.1
2.577 1.000 1.140 1.060 7247 SCGM 1.110 -0.030 86.5 1.106 25.93 3.60 214.9 0.830 0.370 0.435 0.435 6076 ENCORP 0.435 0.020 0.5 0.435 — — 127.9
0.810 0.300 0.520 0.435 9237 SCIB 0.520 0.090 501.5 0.460 — — 44.7 2.974 1.530 — — 8613 ENRA 1.650 — — — — 2.73 224.7
2.074 0.900 1.120 1.050 0099 SCICOM 1.110 0.050 532.9 1.097 14.92 8.11 394.6 1.120 0.590 — — 6815 EUPE 0.590 — — — 4.49 — 75.5
9.480 6.420 9.230 9.150 4731 SCIENTX 9.200 -0.080 117.6 9.193 15.44 2.17 4,498.1 0.885 0.303 0.530 0.505 7249 EWEIN 0.510 -0.010 977.4 0.515 4.49 0.98 153.8
0.350 0.160 — — 7239 SCNWOLF 0.190 — — — — — 18.3 1.150 0.675 0.710 0.675 5283 EWINT 0.700 UNCH 1030.8 0.687 47.62 — 1,680.0
0.930 0.155 0.175 0.165 7073 SEACERA 0.170 UNCH 5267.9 0.170 — — 71.4 0.445 0.340 — — 6041 FARLIM 0.375 — — — 937.50 — 63.1
0.210 0.090 0.115 0.095 5145 SEALINK 0.115 -0.005 58.4 0.108 — — 57.5 0.554 0.361 0.400 0.375 5020 GLOMAC 0.400 0.020 135 0.396 10.61 3.75 320.0
0.665 0.180 — — 5163 SEB 0.210 — — — — — 16.8 0.414 0.255 0.285 0.280 9962 GMUTUAL 0.285 UNCH 10.1 0.280 6.82 1.75 107.0
1.340 0.600 0.795 0.660 7165 SGB 0.795 0.025 41.5 0.745 — — 157.9 0.360 0.170 0.185 0.175 1147 GOB 0.185 UNCH 677 0.181 — — 84.1
1.216 0.750 0.805 0.800 5181 SIGGAS 0.805 -0.005 115 0.802 36.93 0.99 150.9 0.255 0.085 0.140 0.140 7077 GSB 0.140 UNCH 152 0.140 — — 77.3
0.870 0.450 0.460 0.460 7115 SKBSHUT 0.460 -0.060 1 0.460 9.31 — 18.4 1.141 0.722 0.770 0.745 1503 GUOCO 0.745 -0.025 96.1 0.750 13.45 2.68 521.8
2.251 0.945 0.985 0.960 7155 SKPRES 0.970 -0.030 1177.9 0.968 10.69 5.23 1,212.7 1.370 1.140 — — 7105 HCK 1.250 — — — 95.42 — 526.7
1.732 0.778 1.100 1.050 7248 SLP 1.100 UNCH 150.9 1.093 16.37 4.09 348.7 0.835 0.500 0.650 0.580 7010 HOOVER 0.600 UNCH 403.1 0.649 — — 24.0
0.600 0.370 — — 7132 SMISCOR 0.490 — — — — — 22.0 0.745 0.300 0.340 0.320 5062 HUAYANG 0.320 -0.010 195.9 0.330 22.38 — 112.6
2.349 0.720 0.780 0.725 5665 SSTEEL 0.725 -0.015 168.4 0.741 1.97 4.83 314.4 0.534 0.360 0.380 0.380 4251 IBHD 0.380 UNCH 96 0.380 5.75 5.61 383.7
0.230 0.115 — — 7143 STONE 0.190 — — — — — 17.1 0.870 0.150 — — 5084 IBRACO 0.595 — — — 14.41 4.62 295.4
1.260 0.400 0.485 0.470 6904 SUBUR 0.480 UNCH 11.6 0.473 — — 100.3 1.860 0.550 1.100 1.050 9687 IDEAL 1.100 0.020 38 1.069 2.67 — 121.5
1.255 0.535 0.550 0.540 7207 SUCCESS 0.550 0.010 213 0.550 24.89 1.82 136.7 3.415 2.390 2.470 2.390 5606 IGBB 2.470 -0.030 287.4 2.431 7.75 0.81 1,703.1
1.738 1.350 1.400 1.380 5211 SUNWAY 1.400 UNCH 425.1 1.392 10.47 4.64 6,894.1 1.997 1.210 1.580 1.530 5249 IOIPG 1.580 0.030 1143 1.553 13.33 3.16 8,699.7
2.140 0.995 1.150 1.080 7235 SUPERLN 1.080 -0.070 92.5 1.106 14.10 1.76 172.8 0.344 0.200 0.230 0.210 5175 IVORY 0.230 0.020 150 0.219 — 10.87 112.7
4.584 1.843 3.460 3.310 7106 SUPERMX 3.450 0.090 2720.7 3.423 19.82 2.32 2,346.5 1.460 0.365 0.400 0.370 1589 IWCITY 0.370 -0.005 1618.9 0.383 44.05 — 309.8
0.395 0.200 — — 5149 TAS 0.200 — — — — — 36.0 0.500 0.250 0.360 0.310 8923 JIANKUN 0.350 0.035 211.8 0.317 — — 58.4
11.897 4.050 4.200 4.050 4448 TASEK 4.200 0.050 10 4.116 — 9.52 519.2 0.100 0.070 0.070 0.070 6769 JKGLAND 0.070 UNCH 85.8 0.070 23.33 1.43 159.2
0.250 0.065 0.235 0.230 5178 TATGIAP 0.230 UNCH 1231.2 0.230 — — 39.2 0.095 0.060 0.085 0.080 3115 KBUNAI 0.085 UNCH 1610 0.085 12.50 — 491.0
1.200 0.465 0.505 0.495 7097 TAWIN 0.505 -0.015 30.2 0.498 — — 40.2 0.940 0.555 — — 7323 KEN 0.600 — — — 2.32 4.17 115.0
0.970 0.805 0.915 0.890 5289 TECHBND 0.915 0.015 4505.7 0.903 — — 210.5 1.120 0.675 0.705 0.700 5038 KSL 0.705 0.005 46.2 0.705 3.21 — 731.4
0.975 0.690 — — 8702 TEXCHEM 0.720 — — — — 13.89 89.4 0.208 0.135 0.140 0.135 3174 L&G 0.140 0.005 1284.5 0.135 16.28 10.71 416.2
4.283 2.070 2.280 2.280 7034 TGUAN 2.280 UNCH 25 2.280 11.31 3.51 311.0 1.211 0.685 — — 8494 LBICAP 0.710 — — — 7.24 4.23 58.3
1.643 1.200 1.200 1.200 7374 TIENWAH 1.200 UNCH 4.1 1.200 — 5.00 173.7 1.090 0.600 0.660 0.645 5789 LBS 0.655 0.005 204.3 0.654 10.41 3.36 1,021.2
0.650 0.541 — — 7854 TIMWELL 0.650 — — — 14.48 1.54 57.9 0.480 0.285 0.300 0.290 3573 LIENHOE 0.300 0.005 44.8 0.295 15.15 — 108.5
1.060 0.525 0.580 0.525 7285 TOMYPAK 0.580 0.010 1048.2 0.577 100.00 3.62 243.5 1.300 0.840 — — 7617 MAGNA 0.950 — — — 13.79 — 318.2
4.190 2.476 3.540 3.480 5010 TONGHER 3.510 UNCH 26.6 3.492 8.15 7.41 552.6 1.439 0.900 0.930 0.900 8583 MAHSING 0.910 -0.020 983 0.910 10.36 7.14 2,209.2
6.360 5.310 5.480 5.310 7113 TOPGLOV 5.360 -0.020 11034.1 5.391 31.33 1.59 13,724.5 1.037 0.390 0.405 0.400 6181 MALTON 0.400 -0.005 399.2 0.400 6.88 5.00 211.3
1.115 0.503 0.685 0.630 7173 TOYOINK 0.685 0.075 605.9 0.652 21.61 1.46 73.3 2.109 1.734 1.900 1.890 5236 MATRIX 1.890 -0.030 214.2 1.890 6.45 7.14 1,422.8
0.789 0.630 0.670 0.630 5167 TURBO 0.660 -0.025 27.3 0.633 15.17 1.52 71.3 2.310 1.540 1.730 1.730 7189 MBWORLD 1.730 -0.020 1 1.730 4.13 3.99 272.3
3.155 2.007 2.700 2.640 7100 UCHITEC 2.660 -0.040 587.8 2.661 17.14 5.64 1,198.7 0.965 0.620 0.770 0.725 5182 MCT 0.730 0.030 40 0.734 11.11 — 1,063.6
2.415 0.480 0.580 0.520 7133 ULICORP 0.560 0.010 101 0.561 29.17 5.95 122.0 0.510 0.310 0.330 0.320 5040 MEDAINC 0.330 UNCH 65.6 0.323 — — 162.5
2.750 2.000 — — 7137 UMS 2.250 — — — 15.91 2.67 91.6 0.545 0.340 0.385 0.385 1694 MENANG 0.385 -0.015 10.5 0.385 11.06 — 185.1
1.126 0.810 — — 7227 UMSNGB 1.060 — — — 10.88 2.83 84.8 0.400 0.200 0.220 0.200 8141 MJPERAK 0.220 -0.005 18.5 0.205 12.02 — 56.6
1.078 0.871 0.940 0.930 7091 UNIMECH 0.930 -0.020 22.2 0.935 7.62 2.42 147.7 1.860 1.150 1.190 1.150 6114 MKH 1.170 UNCH 507.3 1.169 9.87 2.99 686.3
0.825 0.355 0.375 0.375 4995 VERSATL 0.375 UNCH 13 0.375 — — 48.4 0.280 0.160 0.180 0.170 8893 MKLAND 0.175 0.005 332.8 0.172 9.31 — 211.3
2.575 0.630 0.745 0.685 6963 VS 0.695 -0.015 71639.7 0.708 7.98 5.61 1,259.4 0.150 0.020 — — 6548 MPCORP 0.045 — — — — — 12.9
1.710 0.595 0.625 0.610 5142 WASEONG 0.615 -0.010 1631.1 0.622 3.38 — 476.6 1.272 0.534 0.630 0.590 1651 MRCB 0.600 0.015 21182.9 0.606 10.85 2.92 2,637.0
0.825 0.240 0.810 0.780 7226 WATTA 0.795 -0.015 360.6 0.798 15.14 — 67.2 0.650 0.390 0.480 0.440 9539 MUH 0.480 -0.010 12 0.477 — — 27.1
2.390 1.860 — — 7111 WEIDA 2.390 — — — 10.18 — 101.0 0.320 0.205 0.220 0.220 3913 MUIPROP 0.220 UNCH 262 0.220 25.88 — 168.1
1.544 1.122 1.220 1.200 7231 WELLCAL 1.220 0.020 21.7 1.205 19.15 4.47 607.5 1.420 0.430 0.440 0.430 5073 NAIM 0.435 -0.005 1423.1 0.434 — — 263.4
0.655 0.460 — — 7692 WIDETEC 0.560 — — — 12.99 — 25.1 2.308 1.883 — — 5827 OIB 2.270 — — — 8.25 3.08 351.5
1.214 0.700 0.795 0.745 7050 WONG 0.795 UNCH 87 0.780 7.16 — 72.9 1.028 0.865 0.885 0.865 5053 OSK 0.865 -0.020 1370 0.877 4.27 6.36 1,812.4
0.680 0.500 — — 7025 WOODLAN 0.675 — — — — — 27.0 2.260 1.579 2.000 1.990 1724 PARAMON 1.990 UNCH 130 1.993 9.48 4.27 852.3
1.959 1.390 1.530 1.530 5009 WTHORSE 1.530 UNCH 5 1.530 — 4.58 367.2 0.629 0.300 0.375 0.375 6912 PASDEC 0.375 0.035 25 0.375 — — 150.1
0.756 0.415 0.435 0.415 4243 WTK 0.435 UNCH 288.6 0.424 1.92 2.30 209.4 0.070 0.015 0.020 0.015 4464 PHB 0.015 UNCH 665.7 0.015 — — 26.2
0.742 0.160 0.200 0.190 7245 WZSATU 0.190 -0.010 20.4 0.195 — 7.89 88.4 1.890 1.250 — — 7055 PLB 1.400 — — — — — 157.4
0.035 0.005 — — 7122 YFG 0.005 — — — — — 3.0 1.595 1.305 — — 5075 PLENITU 1.410 — — — 12.26 3.19 538.0
0.785 0.545 — — 5048 YILAI 0.565 — — — — — 90.4 6.150 5.400 5.990 5.910 7765 RAPID 5.950 -0.050 1687.1 5.969 367.28 — 636.0
0.455 0.090 0.100 0.095 7020 YKGI 0.095 -0.005 214.8 0.098 — — 33.3 1.120 0.600 — — 4596 SAPRES 0.680 — — — 8.95 — 94.9
0.445 0.205 0.210 0.205 7014 YLI 0.205 -0.045 37 0.210 — — 21.1 0.630 0.400 0.495 0.455 5207 SBCCORP 0.495 UNCH 38.7 0.459 15.42 — 127.8
CONSTRUCTION 0.980 0.600 0.650 0.600 2224 SDRED 0.650 0.040 63.6 0.604 3.11 3.85 277.0
0.907 0.241 0.280 0.265 5281 ADVCON 0.280 0.005 110.2 0.268 13.21 3.57 112.6 0.470 0.285 — — 4286 SEAL 0.320 — — — 2.80 — 77.7
0.922 0.274 0.300 0.290 7078 AZRB 0.295 UNCH 244.6 0.292 11.90 3.02 176.4 2.617 2.230 — — 6017 SHL 2.240 — — — 7.85 9.82 542.4
0.430 0.155 0.165 0.160 5190 BENALEC 0.160 -0.005 330.4 0.160 — 2.50 137.9 1.711 0.905 0.955 0.935 5288 SIMEPROP 0.955 0.005 2327.4 0.947 23.29 6.28 6,494.8
0.385 0.165 0.175 0.165 5932 BPURI 0.170 -0.005 571.4 0.170 12.14 — 57.8 0.250 0.140 0.150 0.140 4375 SMI 0.140 -0.015 12.5 0.145 — — 29.4
1.043 0.725 0.750 0.740 8761 BREM 0.745 UNCH 30.1 0.747 9.92 2.68 257.4 0.700 0.345 — — 5213 SNTORIA 0.450 — — — 9.00 — 255.3
1.100 0.790 0.915 0.865 8591 CRESBLD 0.875 UNCH 210.3 0.889 2.43 4.57 154.8 5.710 3.950 5.710 5.630 1783 SPB 5.700 0.080 76 5.673 101.24 2.11 1,958.6
1.840 1.535 1.800 1.710 7528 DKLS 1.800 UNCH 18 1.745 23.78 1.67 166.9 3.788 1.930 2.360 2.310 8664 SPSETIA 2.340 -0.020 1587.9 2.327 8.05 6.62 9,263.0
1.389 0.360 0.395 0.365 5253 ECONBHD 0.365 -0.020 7029.2 0.379 6.03 4.38 488.2 1.340 0.600 0.620 0.600 3743 SUNSURIA 0.610 -0.010 85 0.615 4.56 — 487.3
1.180 0.420 0.455 0.435 8877 EKOVEST 0.440 0.005 5189.1 0.445 7.96 2.27 941.3 0.751 0.325 0.335 0.325 1538 SYMLIFE 0.325 UNCH 40 0.325 2.09 — 191.8
0.900 0.300 0.300 0.300 7047 FAJAR 0.300 -0.010 14.5 0.300 6.51 5.00 112.2 0.365 0.165 0.210 0.200 4022 TADMAX 0.205 -0.005 747.2 0.204 — — 160.7
1.146 0.480 0.495 0.490 9261 GADANG 0.495 -0.005 405.9 0.493 3.43 6.06 327.6 0.373 0.240 0.250 0.240 5158 TAGB 0.245 -0.010 162.8 0.244 4.70 2.45 1,303.8
5.211 2.000 2.250 2.200 5398 GAMUDA 2.250 0.020 4428.7 2.220 11.46 5.33 5,553.1 0.050 0.025 0.030 0.025 2259 TALAMT 0.025 UNCH 2740 0.025 — — 105.5
2.020 0.595 0.705 0.690 5226 GBGAQRS 0.705 0.005 763.2 0.695 4.70 6.03 348.7 1.050 0.690 0.770 0.770 5191 TAMBUN 0.770 0.015 5 0.770 5.70 8.70 333.7
4.335 0.755 0.830 0.790 3204 GKENT 0.820 -0.010 3430.2 0.812 3.64 4.27 461.9 0.127 0.045 0.055 0.050 2429 TANCO 0.050 UNCH 25 0.055 — — 33.6
0.645 0.280 0.300 0.295 5169 HOHUP 0.300 UNCH 63.5 0.299 3.71 — 112.5 0.485 0.131 0.190 0.190 7889 THRIVEN 0.190 UNCH 32 0.190 4.37 — 94.5
1.615 1.272 1.340 1.330 6238 HSL 1.340 -0.010 36 1.337 12.95 1.79 780.8 0.120 0.045 0.090 0.080 7079 TIGER 0.090 0.005 20132.1 0.085 — — 88.5
3.099 1.373 1.570 1.510 3336 IJM 1.540 -0.010 3169.9 1.534 28.36 3.25 5,599.0 0.740 0.295 0.300 0.295 5239 TITIJYA 0.300 UNCH 460.3 0.298 5.68 0.83 403.3
0.590 0.090 0.095 0.090 5268 IKHMAS 0.095 UNCH 260 0.092 — — 51.8 0.930 0.805 0.820 0.810 5401 TROP 0.815 UNCH 196.9 0.814 6.43 1.96 1,198.4
0.791 0.444 0.520 0.515 8834 IREKA 0.515 -0.010 5 0.519 12.84 3.88 96.2 1.243 0.630 0.665 0.640 5148 UEMS 0.655 0.005 484.7 0.653 10.23 1.53 2,972.0
1.840 0.405 0.460 0.430 4723 JAKS 0.435 -0.025 13368.9 0.449 1.65 — 237.5 2.549 1.840 2.110 2.070 5200 UOADEV 2.080 -0.030 22.5 2.086 8.39 7.21 3,837.3
1.907 0.990 1.020 0.990 7161 KERJAYA 1.000 -0.030 1892.9 1.001 10.52 2.00 1,242.0 0.320 0.105 0.120 0.105 6378 WMG 0.120 UNCH 3 0.113 — — 51.1
2.247 1.000 1.060 1.030 5171 KIMLUN 1.030 -0.080 79.3 1.040 5.33 5.34 341.8 1.000 0.905 — — 7003 Y&G 0.935 — — — 17.78 — 186.4
1.680 0.750 — — 9628 LEBTECH 0.905 — — — — — 123.5 1.660 1.040 1.300 1.280 3158 YNHPROP 1.300 -0.010 5330.5 1.287 23.51 0.54 687.7
0.788 0.460 0.530 0.460 5129 MELATI 0.520 0.010 116.5 0.492 25.74 1.92 62.4 1.750 0.300 0.340 0.315 7066 YONGTAI 0.320 -0.005 9949.8 0.329 19.51 — 155.4
2.188 0.900 — — 8192 MERCURY 0.925 — — — 24.87 4.32 37.2 0.545 0.370 0.380 0.370 2577 YTLLAND 0.370 -0.010 20.4 0.373 — — 312.4
0.905 0.240 0.885 0.870 5006 MERGE 0.880 0.010 452.2 0.877 — — 59.0 TRANSPORTATION & LOGISTICS
1.930 0.680 0.735 0.730 7595 MGB 0.730 UNCH 53.2 0.730 10.25 — 362.7 9.926 7.260 8.640 8.000 5014 AIRPORT 8.180 0.010 2532.9 8.381 20.27 1.59 13,572.2
0.866 0.230 0.250 0.230 9571 MITRA 0.230 -0.020 7362.1 0.240 3.34 8.70 206.1 2.146 1.182 — — 8133 BHIC 1.350 — — — — 2.59 335.4
0.310 0.120 0.125 0.120 5924 MTDACPI 0.120 -0.010 25 0.122 4.92 — 27.8 5.984 4.500 4.600 4.550 5032 BIPORT 4.550 -0.170 14.8 4.578 20.09 3.08 2,093.0
1.040 0.265 0.290 0.275 5085 MUDAJYA 0.285 0.005 72.4 0.284 — — 172.5 0.495 0.360 0.390 0.390 7187 CHGP 0.390 0.010 1 0.390 19.70 — 115.9
3.282 2.452 2.830 2.690 5703 MUHIBAH 2.700 -0.050 98 2.716 9.05 2.59 1,305.3 1.095 0.390 0.405 0.390 7117 CJCEN 0.395 -0.005 658.6 0.397 12.31 3.80 155.7
0.560 0.270 0.310 0.270 7071 OCR 0.310 0.015 453.5 0.295 34.83 — 90.7 0.800 0.535 0.685 0.680 5136 COMPLET 0.680 -0.005 201.8 0.680 7.29 — 84.5
0.835 0.730 — — 5622 PEB 0.770 — — — 2.65 — 53.2 0.605 0.280 0.335 0.310 5259 EATECH 0.315 -0.015 332.8 0.319 1.38 — 158.8
0.511 0.170 0.180 0.175 8311 PESONA 0.180 0.005 285.4 0.176 9.42 5.56 125.1 0.822 0.505 0.580 0.530 7210 FREIGHT 0.530 -0.010 419 0.539 7.52 6.28 148.0
0.950 0.195 0.210 0.200 5070 PRTASCO 0.205 UNCH 1052.2 0.205 6.53 24.73 101.6 0.670 0.255 0.270 0.255 0078 GDEX 0.270 0.005 2286.5 0.263 65.85 0.93 1,512.7
0.180 0.095 — — 7145 PSIPTEK 0.100 — — — 13.89 — 34.9 0.480 0.280 — — 7676 GUNUNG 0.290 — — — 15.10 — 68.5
3.741 2.280 2.450 2.450 9598 PTARAS 2.450 0.090 1 2.450 27.94 8.16 406.4 0.870 0.620 — — 2062 HARBOUR 0.715 — — — 7.72 1.40 286.3
0.743 0.315 0.330 0.325 6807 PUNCAK 0.330 UNCH 123 0.325 — 1.52 148.3 0.155 0.030 0.040 0.035 7013 HUBLINE 0.040 UNCH 41767.9 0.040 9.52 — 151.2
1.090 0.455 0.555 0.540 5205 SENDAI 0.555 0.015 801.8 0.547 5.42 — 433.5 0.790 0.460 0.500 0.460 5614 ILB 0.500 0.020 9.5 0.481 — — 97.5
2.535 1.300 1.360 1.320 5263 SUNCON 1.320 -0.040 180 1.334 12.19 5.68 1,706.6 5.781 3.557 4.180 4.150 6645 LITRAK 4.150 -0.030 18.6 4.169 9.56 4.82 2,191.1
0.295 0.210 0.235 0.225 9717 SYCAL 0.235 UNCH 132 0.234 54.65 — 97.8 0.235 0.055 0.060 0.055 5078 M&G 0.055 UNCH 176 0.057 — 90.91 39.8
0.748 0.405 0.510 0.510 5054 TRC 0.510 -0.010 14.5 0.510 11.97 5.49 245.1 0.732 0.410 0.510 0.510 5077 MAYBULK 0.510 -0.020 10 0.510 — — 510.0
0.580 0.295 — — 5042 TSRCAP 0.300 — — — 16.39 — 52.3 7.539 4.917 6.410 6.060 3816 MISC 6.300 -0.040 1533.5 6.292 27.00 4.76 28,121.9
1.400 0.770 0.845 0.815 7070 VIZIONE 0.830 -0.020 376.3 0.825 9.50 — 463.8 2.235 0.840 0.850 0.840 2194 MMCCORP 0.840 -0.005 151.3 0.844 13.57 4.76 2,557.8
1.350 0.470 0.510 0.490 3565 WCEHB 0.500 -0.015 193.1 0.495 58.14 — 501.4 0.620 0.225 — — 9806 NATWIDE 0.225 — — — — — 27.7
1.767 0.660 0.680 0.660 9679 WCT 0.675 -0.005 870.3 0.670 5.67 4.44 956.1 0.165 0.025 0.030 0.025 6254 PDZ 0.030 UNCH 601.4 0.025 — — 20.5
0.775 0.150 0.175 0.160 7028 ZECON 0.175 0.010 1605.6 0.173 8.75 — 22.9 5.339 1.550 1.650 1.560 4634 POS 1.570 -0.030 4117.8 1.607 45.64 5.10 1,229.0
0.145 0.025 0.030 0.025 2283 ZELAN 0.025 UNCH 568 0.025 — — 21.1 1.400 0.300 — — 8346 PRKCORP 0.380 — — — — — 38.0
HEALTH CARE 0.210 0.090 0.115 0.095 5145 SEALINK 0.115 -0.005 58.4 0.108 — — 57.5
0.700 0.350 0.390 0.390 7191 ADVENTA 0.390 UNCH 1 0.390 31.20 — 59.6 1.563 0.967 0.980 0.980 7053 SEEHUP 0.980 UNCH 3 0.980 — 2.76 78.8
8.870 4.799 7.760 7.750 7090 AHEALTH 7.760 0.010 10.5 7.750 16.66 1.68 912.2 1.825 1.450 — — 6521 SURIA 1.630 — — — 7.49 2.15 469.7
1.463 0.975 1.000 0.975 7148 CCMDBIO 0.980 -0.020 376.1 0.988 14.43 4.15 648.6 0.405 0.210 0.250 0.240 5173 SYSCORP 0.250 UNCH 107 0.246 14.97 — 300.0
7.383 5.629 6.210 6.030 5168 HARTA 6.200 0.020 2840.5 6.193 43.33 1.35 20,636.5 0.395 0.200 — — 5149 TAS 0.200 — — — — — 36.0
0.380 0.300 0.380 0.375 7213 HOVID 0.375 UNCH 1423.9 0.379 32.89 — 309.8 2.237 0.990 1.030 0.990 5140 TASCO 1.000 -0.030 261 1.005 9.51 4.50 200.0
6.388 4.540 5.310 5.100 5225 IHH 5.220 -0.140 6757.1 5.215 322.22 0.57 45,775.7 1.400 0.750 0.790 0.765 8397 TNLOGIS 0.765 -0.005 25 0.774 12.97 2.61 352.5
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
FRIDAY DECEMB E R 21 , 20 1 8 • THEED 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)
1.150 0.350 1.110 0.990 7218 TOCEAN 1.000 -0.100 277.4 1.026 — — 41.0 0.970 0.315 — — 5133 PENERGY 0.345 — — — — 5.80 111.0
3.950 3.003 3.610 3.550 5246 WPRTS 3.600 UNCH 1307.1 3.576 20.50 3.71 12,276.0 0.565 0.175 0.195 0.180 7108 PERDANA 0.185 UNCH 1629.8 0.188 — — 144.0
1.270 0.620 0.700 0.695 5267 XINHWA 0.700 0.005 1487 0.700 20.29 1.43 151.2 0.090 0.015 0.020 0.020 0047 PERISAI 0.020 UNCH 50 0.020 — — 25.2
PLANTATION 14.620 6.010 6.300 6.100 3042 PETRONM 6.170 -0.130 86.3 6.158 4.77 4.05 1,665.9
0.220 0.145 — — 7054 AASIA 0.145 — — — — — 95.7 0.520 0.210 0.230 0.220 5256 REACH 0.225 -0.005 2991.4 0.224 — — 246.7
19.315 16.200 16.300 16.200 1899 BKAWAN 16.300 0.060 12.6 16.27 14.06 3.37 7,106.0 1.050 0.280 0.295 0.280 5218 SAPNRG 0.290 -0.005 61167.7 0.288 — — 1,737.7
8.329 6.700 7.540 7.540 5069 BLDPLNT 7.540 0.220 0.1 7.540 138.60 0.40 705.0 0.345 0.040 0.060 0.045 7158 SCOMI 0.045 -0.005 7086.2 0.053 — — 49.2
1.295 0.655 0.685 0.660 5254 BPLANT 0.665 UNCH 690 0.673 — 14.83 1,489.6 0.185 0.030 0.040 0.035 7045 SCOMIES 0.040 UNCH 127 0.040 — — 93.7
0.866 0.530 0.580 0.580 8982 CEPAT 0.580 UNCH 20.5 0.580 13.52 3.45 184.7 4.256 2.815 3.690 3.580 5279 SERBADK 3.660 0.060 4442.7 3.648 14.60 1.99 5,374.7
7.947 6.435 — — 1929 CHINTEK 6.600 — — — 8.36 3.03 603.0 0.130 0.005 0.015 0.005 1201 SUMATEC 0.010 -0.005 127973.7 0.010 — — 42.5
0.595 0.435 0.460 0.445 3948 DUTALND 0.455 UNCH 205.3 0.451 — — 385.0 0.665 0.300 0.325 0.320 7228 T7GLOBAL 0.320 -0.010 44.6 0.321 29.91 — 134.2
3.472 1.980 — — 5029 FAREAST 2.800 — — — 1.43 1.63 1,662.7 0.135 0.025 0.035 0.025 7206 THHEAVY 0.035 0.005 566.1 0.030 — — 39.2
2.180 0.630 0.770 0.700 5222 FGV 0.735 0.025 19806.9 0.742 — 7.14 2,681.4 1.670 0.575 0.585 0.575 7250 UZMA 0.580 -0.020 137.8 0.581 12.18 — 185.6
10.474 9.002 9.520 9.300 2291 GENP 9.510 0.010 1032.6 9.493 28.47 1.50 7,661.5 0.480 0.175 0.180 0.175 5243 VELESTO 0.175 -0.005 4976.4 0.175 — — 1,437.7
0.600 0.370 0.400 0.400 7382 GLBHD 0.400 UNCH 33 0.400 — 2.50 89.2 1.710 0.595 0.625 0.610 5142 WASEONG 0.615 -0.010 1631.1 0.622 3.38 — 476.6
1.100 0.630 0.650 0.650 2135 GOPENG 0.650 -0.020 1.5 0.650 31.55 4.11 174.8 4.905 3.597 4.190 4.180 7293 YINSON 4.190 UNCH 2.6 4.187 16.16 1.43 4,580.2
0.650 0.410 — — 7501 HARNLEN 0.470 — — — — — 87.2
2.545 1.610 1.640 1.640 5138 HSPLANT 1.640 UNCH 1 1.640 19.00 4.57 1,312.0
2.775 1.390 1.450 1.390 2216 IJMPLNT 1.420 -0.020 139.6 1.431 — 3.52 1,250.4
0.920 0.610 0.650 0.645 2607 INCKEN 0.650 UNCH 214 0.648 — 1.68 273.5
1.168 0.610 0.630 0.610 6262 INNO 0.630 UNCH 21 0.629 14.75 7.94 301.7
4.757 4.100 4.310
1.138 0.430 0.445
25.809 23.106 24.480 23.760
4.130
0.430
1961
4383
2445
IOICORP
JTIASA
KLK
4.190
0.435
24.020
-0.090 3934.6
-0.010 1198.7
0.020 738.7
4.194 25.52
0.435 —
24.01 33.97
2.15
1.15
1.87
26,331.9
423.6
25,641.5
Ace Market
4.987 3.371 3.720 3.720 2453 KLUANG 3.720 UNCH 2 3.720 36.29 0.27 235.0
1.453 1.130 1.150 1.140 5027 KMLOONG 1.150 0.020 7 1.143 13.58 5.22 1,075.7 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
0.880 0.365 0.395 0.385 1996 KRETAM 0.395 UNCH 125.4 0.390 — 2.53 919.4 HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
1.550 0.850 — — 6572 KWANTAS 0.870 — — — — — 271.2
1.104 0.810 — — 4936 MALPAC 0.810 — — — — 12.35 60.8 CONSUMER PRODUCTS & SERVICES
0.867 0.560 0.610 0.610 5026 MHC 0.610 UNCH 10 0.610 8.69 3.28 119.9 0.725 0.325 0.360 0.345 0098 BAHVEST 0.355 Unch 1016.4 0.355 21.78 — 433.6
2.000 1.780 — — 5047 NPC 1.780 — — — — 0.56 213.6 0.275 0.190 0.205 0.195 0179 BIOHLDG 0.200 -0.005 1588.2 0.200 12.58 0.55 172.0
3.986 3.110 3.120 3.110 2038 NSOP 3.120 -0.030 10.4 3.119 9.50 1.92 219.0 0.310 0.120 0.145 0.145 0116 FOCUS 0.145 Unch 2900 0.145 — — 296.1
0.690 0.140 0.325 0.310 1902 PINEPAC 0.320 0.010 16 0.315 — — 47.9 0.259 0.144 — — 0157 FOCUSP 0.200 — — — 9.26 5.00 33.0
1.120 0.650 — — 9695 PLS 0.900 — — — — — 294.0 0.170 0.090 — — 0074 GOCEAN 0.090 — — — — — 26.1
0.420 0.140 0.155 0.145 5113 RSAWIT 0.155 0.010 123.2 0.149 — — 219.9 0.225 0.045 0.050 0.045 0170 KANGER 0.050 Unch 646.5 0.045 8.93 — 44.6
3.980 3.050 — — 2542 RVIEW 3.050 — — — 33.26 1.97 197.8 0.230 0.125 0.140 0.135 0180 KTC 0.135 Unch 158.9 0.137 — — 68.9
3.817 2.740 3.010 3.000 2569 SBAGAN 3.010 -0.040 1.3 3.007 26.59 0.66 199.7 0.230 0.105 0.125 0.105 0182 LKL 0.125 0.010 36 0.120 — 2.80 53.6
0.630 0.335 — — 4316 SHCHAN 0.335 — — — — — 44.2 0.780 0.280 0.295 0.285 0201 NOVA 0.290 Unch 303.6 0.290 10.90 6.21 92.1
5.789 3.950 4.380 4.200 5285 SIMEPLT 4.360 -0.060 2850.6 4.340 36.03 — 29,651.7 0.225 0.110 0.110 0.110 0153 OVERSEA 0.110 Unch 1 0.110 — — 27.1
4.053 2.000 2.140 2.060 5126 SOP 2.140 0.050 324.7 2.082 11.84 2.80 1,221.7 0.310 0.080 — — 0022 PARLO 0.090 — — — 0.53 — 32.8
1.833 1.455 1.660 1.650 5135 SWKPLNT 1.650 0.010 11 1.651 — 3.03 462.0 0.350 0.235 0.270 0.260 0171 PLABS 0.260 0.005 124.9 0.265 14.13 2.31 55.8
3.546 1.882 2.450 2.360 5012 TAANN 2.450 0.050 390.9 2.413 14.83 4.08 1,089.9 0.557 0.452 0.510 0.495 0158 SCC 0.495 -0.010 19 0.500 9.61 6.87 69.9
0.514 0.145 0.160 0.145 2054 TDM 0.150 -0.005 1948.8 0.152 — 3.33 252.4 0.315 0.135 — — 0140 STERPRO 0.170 — — — — — 54.6
1.117 0.455 0.465 0.460 5112 THPLANT 0.465 0.010 78 0.461 — 7.74 411.0 0.330 0.130 0.160 0.145 0148 SUNZEN 0.160 0.015 950.9 0.149 72.73 1.88 84.0
1.653 0.960 1.000 0.970 9059 TSH 1.000 UNCH 25.4 0.982 26.18 2.00 1,381.8 0.405 0.196 0.320 0.315 0197 WEGMANS 0.315 -0.005 272.7 0.315 15.99 1.59 157.5
6.530 5.120 5.320 5.120 2593 UMCCA 5.200 -0.120 30.5 5.283 — 1.54 1,090.3 0.085 0.030 0.040 0.035 0095 XINGHE 0.040 Unch 11420.4 0.035 — — 102.9
28.062 25.214 26.500 25.600 2089 UTDPLT 25.600 -0.340 18.1 25.80 13.75 1.56 5,328.2 0.085 0.030 0.040 0.035 0095 XINGHE 0.040 0.005 1663.2 0.035 — — 102.9
TELECOMMUNICATIONS & MEDIA INDUSTRIAL PRODUCTS & SERVICES
0.165 0.075 0.135 0.130 0159 AMEDIA 0.130 UNCH 116.2 0.131 — — 31.1 0.300 0.210 — — 0122 AIM 0.280 — — — — — 74.5
0.700 0.610 — — 7031 AMTEL 0.650 — — — — — 35.2 0.161 0.060 0.065 0.060 0105 ASIAPLY 0.065 -0.005 290 0.061 216.67 7.69 28.9
2.581 1.026 1.340 1.310 6399 ASTRO 1.340 UNCH 3792.9 1.333 13.28 8.58 6,987.2 0.120 0.050 0.050 0.050 0072 AT 0.050 Unch 783 0.050 — — 23.2
5.702 3.200 3.860 3.800 6888 AXIATA 3.810 -0.050 2762.3 3.825 — 2.23 34,560.5 0.250 0.140 0.170 0.165 0187 BCMALL 0.165 -0.005 1183.3 0.168 10.06 — 69.5
0.375 0.120 — — 6025 BJMEDIA 0.160 — — — — — 37.6 0.340 0.185 0.195 0.190 0163 CAREPLS 0.195 Unch 680.5 0.191 — — 103.6
4.880 3.844 4.370 4.260 6947 DIGI 4.320 -0.090 3561.5 4.317 22.05 4.49 33,588.0 0.260 0.120 0.125 0.120 0102 CONNECT 0.125 Unch 330 0.124 — — 41.2
0.440 0.180 0.190 0.180 0059 ECOHLDS 0.185 -0.015 217.6 0.183 — — 30.1 0.346 0.170 0.200 0.200 0190 ESAFE 0.200 Unch 80 0.200 39.22 9.00 48.1
0.590 0.280 0.320 0.315 0082 GPACKET 0.320 0.005 110 0.315 — — 288.4
5.929 5.102 5.390 5.200 6012 MAXIS 5.250 -0.220 2549.2 5.261 19.77 3.81 41,037.4 0.294 0.105 0.150 0.135 0100 ESCERAM 0.135 -0.015 21.5 0.149 1350.0 4.44 27.7
0.810 0.250 0.380 0.370 4502 MEDIA 0.380 0.005 1660.8 0.372 — — 421.5 0.682 0.365 0.425 0.415 0039 GFM 0.420 -0.005 123.1 0.418 19.00 2.19 197.8
0.465 0.181 0.200 0.200 5090 MEDIAC 0.200 UNCH 2000 0.200 0.88 7.55 337.4 0.300 0.125 0.135 0.125 0175 HHGROUP 0.135 Unch 21 0.128 — — 45.8
0.934 0.400 0.470 0.430 0172 OCK 0.460 0.030 14409 0.452 16.61 2.17 400.9 0.125 0.080 0.080 0.080 0160 HHHCORP 0.080 Unch 205 0.080 15.09 — 26.7
0.528 0.360 — — 7190 PPG 0.360 — — — 72.00 5.56 36.0 0.350 0.155 0.160 0.155 0188 HLT 0.155 -0.020 151 0.155 — — 79.4
0.705 0.200 0.215 0.205 5252 SASBADI 0.210 0.005 300.6 0.209 43.75 3.19 88.0 0.110 0.035 0.040 0.040 0024 JAG 0.040 Unch 4531.3 0.040 22.22 4.75 60.6
0.860 0.530 — — 9431 SJC 0.860 — — — 73.50 — 34.9 0.313 0.185 0.195 0.190 0193 KAB 0.195 -0.005 70.2 0.193 7.12 5.13 62.4
1.618 0.620 0.675 0.645 6084 STAR 0.670 0.015 91.2 0.665 — 17.91 494.8 0.240 0.115 — — 0167 MCLEAN 0.120 — — — — — 21.5
9.128 7.060 8.100 7.900 5031 TIMECOM 8.100 0.100 19.9 8.020 17.72 0.65 4,728.0 0.260 0.135 0.175 0.170 0081 MEGASUN 0.170 0.015 70 0.171 19.32 — 37.5
6.352 2.110 2.590 2.550 4863 TM 2.580 UNCH 2040.6 2.578 26.96 8.33 9,695.5 0.165 0.050 0.055 0.050 0177 PASUKGB 0.050 Unch 318.6 0.054 — — 40.6
0.695 0.085 — — 5754 UTUSAN 0.090 — — — — — 10.0 0.350 0.130 0.150 0.130 0038 PTB 0.150 -0.005 40.6 0.145 — — 28.0
TECHNOLOGY 0.380 0.165 0.200 0.190 0196 QES 0.200 Unch 3618.1 0.195 10.26 — 151.7
0.700 0.610 — — 7031 AMTEL 0.650 — — — — — 35.2 0.180 0.055 0.070 0.060 0133 SANICHI 0.060 -0.005 45811.5 0.067 — — 66.5
0.295 0.120 0.125 0.120 5195 CENSOF 0.125 UNCH 195.6 0.120 — — 62.7 0.235 0.090 — — 0161 SCH 0.100 — — — — — 55.6
0.665 0.130 0.165 0.160 0051 CUSCAPI 0.160 -0.005 616.1 0.162 — — 137.5 0.745 0.280 0.555 0.525 0001 SCOMNET 0.540 -0.010 945 0.540 27.41 — 347.2
0.993 0.542 0.710 0.685 7204 D&O 0.710 0.005 912.9 0.701 23.83 1.17 782.7 0.212 0.120 0.140 0.125 0028 SCOPE 0.140 Unch 11 0.126 — 3.57 78.5
0.365 0.175 0.200 0.190 8338 DATAPRP 0.200 0.005 450.5 0.192 — — 84.3 0.205 0.080 — — 0055 SERSOL 0.080 — — — — — 17.2
0.145 0.040 0.050 0.045 0029 DIGISTA 0.050 UNCH 728 0.045 — — 32.9 0.649 0.254 0.320 0.310 0084 TECFAST 0.310 Unch 262 0.311 17.92 3.23 70.7
0.570 0.200 0.210 0.200 4456 DNEX 0.200 -0.010 8835.8 0.202 7.04 2.50 351.6 0.813 0.520 0.585 0.575 0089 TEXCYCL 0.585 0.005 24.5 0.582 14.66 1.71 149.9
1.247 0.289 0.390 0.370 5216 DSONIC 0.380 UNCH 1668.4 0.380 10.67 9.21 513.0 0.460 0.220 0.240 0.235 0162 WIDAD 0.240 Unch 1102.4 0.236 — — 589.1
0.930 0.335 0.415 0.390 5036 EDARAN 0.400 -0.005 791.6 0.405 3.25 — 24.0 0.215 0.125 0.140 0.140 0025 YBS 0.140 -0.005 16 0.140 17.50 — 33.9
1.596 0.324 0.425 0.400 0065 EFORCE 0.410 -0.005 540.9 0.412 24.85 3.66 169.9 TECHNOLOGY
1.476 0.895 1.110 1.020 0090 ELSOFT 1.030 -0.070 1300.9 1.048 16.14 3.23 685.8 0.565 0.190 0.205 0.200 0181 AEMULUS 0.200 -0.005 389.8 0.201 20.83 1.00 109.8
0.983 0.341 0.730 0.635 0128 FRONTKN 0.730 0.060 15966.9 0.690 17.63 0.96 769.0 0.430 0.090 — — 0119 APPASIA 0.090 — — — 75.00 — 31.1
0.240 0.080 — — 9377 FSBM 0.095 — — — — — 13.4 0.535 0.125 0.190 0.180 0068 ASDION 0.190 0.005 1517.2 0.185 — — 22.1
1.860 1.030 1.560 1.540 0021 GHLSYS 1.540 -0.010 131.7 1.544 48.13 — 1,136.5 0.636 0.351 0.380 0.370 0195 BINACOM 0.380 -0.010 419.3 0.375 9.38 2.63 98.8
0.590 0.280 0.320 0.315 0082 GPACKET 0.320 0.005 110 0.315 — — 288.4 0.484 0.220 0.250 0.235 0191 CABNET 0.250 0.005 4.7 0.241 9.58 3.80 44.7
0.252 0.180 — — 0056 GRANFLO 0.210 — — — 10.82 2.86 101.5 0.233 0.098 — — 0152 DGB 0.135 — — — — — 102.1
2.896 1.454 1.680 1.600 7022 GTRONIC 1.640 -0.030 2030 1.649 14.94 1.22 1,097.2 0.320 0.090 0.095 0.090 0131 DGSB 0.095 Unch 477.3 0.092 — — 70.8
0.800 0.340 0.350 0.350 5028 HTPADU 0.350 0.010 2 0.350 — — 35.4 0.044 0.015 0.015 0.015 0154 EAH 0.015 -0.005 1034.6 0.015 — — 76.1
2.506 1.520 1.570 1.520 0166 INARI 1.530 -0.040 10920.5 1.547 17.81 4.23 4,845.0 0.180 0.020 0.030 0.020 0107 EDUSPEC 0.030 0.005 2719.8 0.024 — — 30.1
0.420 0.250 0.270 0.260 0192 INTA 0.265 -0.005 273.1 0.265 1.67 — 141.8 2.040 1.090 1.610 1.590 0104 GENETEC 1.600 -0.010 56 1.597 7.86 1.56 66.7
0.235 0.080 0.085 0.085 9393 ITRONIC 0.085 UNCH 5 0.085 — — 8.7 0.100 0.045 0.065 0.065 0045 GNB 0.065 Unch 410 0.065 — — 18.8
0.484 0.155 0.165 0.155 5161 JCY 0.165 -0.005 631.5 0.161 — 18.18 342.7 0.150 0.020 0.030 0.030 0174 IDMENSN 0.030 Unch 231 0.030 — — 8.2
22.454 7.800 7.940 7.900 9334 KESM 7.900 0.050 70.3 7.901 11.11 2.34 339.8 0.403 0.185 0.195 0.185 0023 IFCAMSC 0.185 -0.005 183.4 0.190 16.67 2.70 112.5
0.270 0.095 0.105 0.095 0143 KEYASIC 0.100 -0.005 7131 0.100 18.52 — 95.1 0.145 0.055 0.080 0.075 0094 INIX 0.075 -0.005 526.6 0.076 — — 19.4
3.341 1.358 2.170 2.120 5286 MI 2.150 0.010 386.4 2.142 16.41 — 1,075.0 0.245 0.115 0.140 0.130 0010 IRIS 0.130 -0.005 10533.4 0.135 — — 385.6
1.457 0.700 0.710 0.700 0113 MMSV 0.700 -0.010 64 0.703 12.64 2.29 142.6 1.450 0.590 0.720 0.700 0146 JFTECH 0.700 -0.030 36.3 0.709 98.59 1.71 147.0
13.087 7.363 9.900 9.810 3867 MPI 9.860 -0.040 155.5 9.843 12.61 2.94 2,069.5 1.686 0.696 0.890 0.865 0127 JHM 0.870 -0.030 885 0.876 14.67 1.94 485.1
1.385 0.950 1.050 0.980 5011 MSNIAGA 0.980 -0.120 15 1.049 4.18 5.10 59.2 0.350 0.130 0.245 0.235 0111 K1 0.240 Unch 4596.4 0.241 200.00 — 145.8
3.030 0.655 0.855 0.815 0138 MYEG 0.820 -0.025 25048.5 0.829 39.05 2.07 2,957.2 0.180 0.040 0.050 0.040 0036 KGROUP 0.045 Unch 381.1 0.045 — — 23.4
0.783 0.507 0.590 0.565 0083 NOTION 0.575 0.005 1069.7 0.576 4.29 1.74 191.6 1.030 0.430 0.570 0.550 0176 KRONO 0.565 -0.005 1427.2 0.563 12.47 — 225.3
0.550 0.335 0.370 0.350 9008 OMESTI 0.370 0.005 383.9 0.369 — — 176.5
0.315 0.195 0.205 0.205 0041 PANPAGE 0.205 UNCH 1011 0.205 — — 54.4 0.270 0.125 0.155 0.145 0018 LAMBO 0.155 0.010 221.9 0.147 16.32 — 323.9
3.870 1.700 2.810 2.710 7160 PENTA 2.740 -0.090 1966.2 2.748 17.83 — 867.4 0.180 0.045 0.050 0.045 0017 M3TECH 0.050 Unch 311 0.046 — — 29.3
1.910 0.255 0.360 0.315 5204 PRESBHD 0.350 0.030 41933.8 0.341 34.65 4.86 169.4 0.690 0.310 0.400 0.365 0075 MEXTER 0.385 -0.015 442.5 0.377 — — 125.1
0.545 0.240 — — 9075 THETA 0.260 — — — — — 27.9 0.400 0.205 — — 0155 MGRC 0.235 — — — — — 24.3
0.060 0.010 0.015 0.010 0118 TRIVE 0.015 UNCH 748.2 0.011 — — 32.0 0.780 0.335 0.480 0.425 0126 MICROLN 0.480 0.010 118 0.466 — — 80.3
0.210 0.105 0.105 0.105 4359 TURIYA 0.105 UNCH 40 0.105 — — 24.0 0.474 0.190 0.210 0.200 0112 MIKROMB 0.200 -0.015 65 0.204 19.05 5.00 86.2
3.539 1.574 3.200 3.110 5005 UNISEM 3.140 -0.010 4794 3.162 22.00 2.71 2,304.2 0.100 0.035 0.045 0.040 0085 MLAB 0.045 0.005 51.1 0.040 — — 30.2
8.520 5.062 6.250 5.950 0097 VITROX 6.180 0.210 403.3 6.058 30.04 0.77 2,908.0 0.310 0.160 0.230 0.220 0034 MMAG 0.220 Unch 12.5 0.228 — — 139.6
1.253 0.907 0.950 0.925 5162 VSTECS 0.925 -0.025 21.4 0.928 5.96 5.41 166.5 0.110 0.040 — — 0103 MNC 0.040 — — — — — 19.1
0.648 0.415 0.440 0.420 0008 WILLOW 0.430 -0.015 62.3 0.429 17.13 2.33 213.3 0.250 0.100 0.110 0.105 0156 MPAY 0.110 0.005 784 0.110 — — 78.2
UTILITIES 0.090 0.025 0.035 0.030 0070 MQTECH 0.035 Unch 230 0.030 — — 17.4
0.444 0.090 0.095 0.090 7471 EDEN 0.095 -0.005 773.8 0.093 — — 35.9 0.180 0.070 0.075 0.075 0092 MTOUCHE 0.075 Unch 20 0.075 — — 38.1
2.960 2.543 2.850 2.800 5209 GASMSIA 2.850 0.020 55.6 2.805 17.73 4.74 3,659.4 1.356 0.663 0.915 0.895 0108 N2N 0.910 Unch 217.9 0.902 28.71 4.40 544.1
2.060 1.051 1.270 1.240 5843 KPS 1.270 -0.010 31.6 1.251 — 3.35 682.5 0.050 0.010 0.020 0.015 0020 NETX 0.020 Unch 764.4 0.016 — — 56.0
1.012 0.745 0.805 0.770 5264 MALAKOF 0.770 -0.030 1371.2 0.780 1.57 7.53 3,850.0 0.070 0.015 0.020 0.015 0096 NEXGRAM 0.015 -0.005 10068.9 0.015 — — 31.1
3.806 2.990 3.180 3.140 3069 MFCB 3.140 0.010 76.7 3.155 9.80 1.27 1,310.1 0.205 0.080 0.100 0.095 0026 NOVAMSC 0.095 -0.005 1258 0.095 41.30 — 71.4
1.275 1.020 1.040 1.030 5041 PBA 1.030 -0.010 45 1.033 8.25 3.88 341.2 1.152 0.320 0.610 0.590 0035 OPCOM 0.600 Unch 483.6 0.602 11.09 5.42 96.7
20.000 15.659 19.180 18.900 6033 PETGAS 19.000 -0.200 561 18.98 19.00 3.63 37,595.9 0.375 0.256 0.285 0.285 0040 OPENSYS 0.285 Unch 496 0.285 8.72 4.39 84.9
1.309 0.608 1.170 1.120 5272 RANHILL 1.150 0.010 374.1 1.147 15.23 6.96 1,021.6 0.170 0.040 0.110 0.105 0079 ORION 0.105 Unch 9515.3 0.109 — — 62.9
0.389 0.220 0.230 0.225 8567 SALCON 0.225 -0.010 688 0.226 — 3.56 190.6 0.730 0.290 — — 0006 PINEAPP 0.315 — — — 286.36 — 15.3
0.900 0.425 0.800 0.790 8524 TALIWRK 0.800 UNCH 312.6 0.796 37.21 6.00 1,612.7 0.165 0.045 0.050 0.045 0123 PRIVA 0.050 Unch 244.5 0.049 — — 27.9
15.787 12.520 12.840 12.640 5347 TENAGA 12.820 -0.020 3606.3 12.77 12.32 5.18 72,905.9 1.570 0.495 1.350 1.260 0200 REVENUE 1.320 0.030 2598.6 1.311 38.48 — 294.2
1.494 0.882 1.030 1.010 4677 YTL 1.030 0.020 2451.5 1.018 31.50 3.88 11,237.9 0.781 0.530 0.550 0.530 0106 REXIT 0.550 0.020 69 0.538 12.61 5.45 104.1
1.265 0.694 0.835 0.815 6742 YTLPOWR 0.830 0.010 1428.7 0.823 10.74 6.02 6,771.3 0.650 0.230 0.250 0.240 0202 RGTECH 0.245 Unch 1200.5 0.243 21.68 — 128.7
CLOSED-END FUNDS 0.355 0.105 0.110 0.105 0178 SEDANIA 0.110 0.005 10.5 0.105 — 9.09 24.8
2.880 2.420 2.430 2.430 5108 ICAP 2.430 0.010 6.1 2.430 39.64 — 340.2 0.560 0.395 0.405 0.395 0203 SMETRIC 0.405 Unch 1214.1 0.400 — — 98.7
EXCHANGE TRADED FUNDS 0.235 0.095 0.125 0.100 0117 SMRT 0.125 0.015 1094.3 0.111 0.49 — 50.9
1.189 1.105 — — 0800EA ABFMY1 1.189 — — — — 3.91 1,471.9 0.280 0.070 0.080 0.080 0169 SMTRACK 0.080 Unch 32 0.080 — — 11.7
2.100 1.735 1.820 1.820 0822EA CIMBA40 1.820 UNCH 6 1.820 — 3.74 4.9 0.270 0.080 0.090 0.085 0093 SOLUTN 0.090 Unch 57.5 0.087 — — 27.6
1.845 1.455 1.500 1.490 0823EA CIMBC50 1.490 -0.010 5.5 1.491 — — 10.7 0.285 0.145 0.255 0.255 0129 SRIDGE 0.255 Unch 245.8 0.255 53.13 — 34.8
1.960 1.750 1.790 1.780 0820EA FBMKLCI-EA 1.780 UNCH 7 1.787 — 1.85 3.0 0.375 0.185 0.195 0.190 0050 SYSTECH 0.190 -0.005 162.7 0.191 34.55 — 66.1
1.775 1.600 — — 0828EA GOLDETF 1.700 — — — — — 41.8 0.150 0.095 0.105 0.095 0132 TDEX 0.095 -0.005 1552 0.100 — — 56.1
1.100 0.940 — — 0826EA METFAPA 1.020 — — — — — 18.4 0.210 0.085 0.095 0.095 0145 TFP 0.095 Unch 80 0.095 — — 19.5
0.922 0.795 — — 0825EA METFSID 0.826 — — — — 1.83 72.7 0.580 0.200 0.235 0.220 0005 UCREST 0.225 -0.005 4534.9 0.227 4.34 — 104.4
1.100 0.950 — — 0827EA METFUS50 0.985 — — — — — 12.8 0.110 0.065 0.090 0.085 0060 VC 0.085 -0.005 4363.5 0.089 77.27 — 51.8
1.250 1.060 — — 0821EA MYETFDJ 1.060 — — — — 2.25 292.5 0.795 0.290 0.420 0.380 0120 VIS 0.395 -0.025 716 0.403 8.74 0.84 66.8
1.210 1.050 — — 0824EA MYETFID 1.160 — — — — 2.42 53.8 0.116 0.020 0.020 0.020 0069 VIVOCOM 0.020 -0.005 877.5 0.020 — — 113.3
REAL ESTATE INVESTMENT TRUSTS 0.145 0.085 — — 0066 VSOLAR 0.095 — — — — — 36.7
0.830 0.675 0.740 0.720 4952 AHP 0.735 0.015 12.5 0.737 9.32 7.01 161.7 0.045 0.035 — — 0141 WINTONI 0.035 — — — — — 18.0
1.324 1.030 1.260 1.250 5116 ALAQAR 1.250 UNCH 51.7 1.252 10.67 4.11 920.0 0.200 0.105 0.105 0.105 0086 YGL 0.105 Unch 100 0.105 — — 24.4
0.930 0.765 0.790 0.790 5269 ALSREIT 0.790 -0.040 5 0.790 12.15 5.80 458.2 TELECOMMUNICATIONS & MEDIA
0.639 0.520 0.525 0.520 5120 AMFIRST 0.525 -0.005 130.9 0.524 30.88 7.52 360.4
0.863 0.778 0.820 0.815 5127 ARREIT 0.815 -0.005 6 0.819 3.21 7.35 467.2 0.636 0.351 0.380 0.370 0195 BINACOM 0.380 -0.010 419.3 0.375 9.38 2.63 98.8
1.140 1.005 1.110 1.110 5130 ATRIUM 1.110 UNCH 12 1.110 7.21 7.07 135.2 0.880 0.530 — — 0147 INNITY 0.720 — — — 44.17 — 99.9
1.580 1.135 1.530 1.520 5106 AXREIT 1.530 UNCH 46.3 1.530 15.50 4.88 1,893.0 0.180 0.045 0.050 0.045 0017 M3TECH 0.050 Unch 311 0.046 — — 29.3
1.690 0.940 1.020 1.000 5180 CMMT 1.020 0.020 354.9 1.010 13.42 7.94 2,085.1 0.110 0.040 — — 0103 MNC 0.040 — — — — — 19.1
1.218 1.100 1.120 1.100 5121 HEKTAR 1.100 -0.020 158.3 1.102 12.01 9.09 508.2 0.180 0.070 0.075 0.075 0092 MTOUCHE 0.075 Unch 20 0.075 — — 38.1
1.750 1.382 1.730 1.700 5227 IGBREIT 1.720 0.020 1672.8 1.717 17.55 5.44 6,079.9 0.070 0.015 0.020 0.015 0096 NEXGRAM 0.015 -0.005 10068.9 0.015 — — 31.1
0.864 0.640 0.795 0.790 5280 KIPREIT 0.795 UNCH 304.5 0.790 10.79 8.53 401.7 1.152 0.320 0.610 0.590 0035 OPCOM 0.600 Unch 483.6 0.602 11.09 5.42 96.7
8.226 6.538 7.780 7.660 5235SS KLCC 7.680 0.020 2633.4 7.672 15.64 4.55 13,865.0 0.165 0.045 0.050 0.045 0123 PRIVA 0.050 Unch 244.5 0.049 — — 27.9
1.160 0.953 1.070 1.060 5123 MQREIT 1.070 0.010 47.4 1.066 16.74 3.95 1,146.8 0.355 0.095 0.110 0.105 0007 PUC 0.105 Unch 5079.6 0.105 — — 201.6
1.725 1.280 1.610 1.600 5212 PAVREIT 1.600 UNCH 453.5 1.600 17.90 5.39 4,858.7 0.440 0.150 0.175 0.165 0032 REDTONE 0.175 0.010 496.6 0.166 15.35 — 132.7
1.770 1.403 1.660 1.640 5176 SUNREIT 1.650 UNCH 497.6 1.650 11.55 5.68 4,859.4 0.465 0.190 0.200 0.195 0173 REV 0.200 -0.005 130 0.199 — — 26.9
1.144 0.876 — — 5111 TWRREIT 0.890 — — — 16.39 4.61 249.6 0.355 0.105 0.110 0.105 0178 SEDANIA 0.110 0.005 10.5 0.105 — 9.09 24.8
1.535 1.285 — — 5110 UOAREIT 1.300 — — — 9.22 6.38 549.7 0.285 0.145 0.255 0.255 0129 SRIDGE 0.255 Unch 245.8 0.255 53.13 — 34.8
1.249 1.017 1.170 1.160 5109 YTLREIT 1.170 UNCH 78.2 1.167 8.37 6.51 1,994.1 0.135 0.050 0.050 0.050 0165 XOX 0.050 -0.005 804.5 0.050 — — 54.6
SPAC FINANCIAL SERVICES
0.72 0.715 — — 5234 CLIQ 0.720 — — — — — 454.3 0.185 0.045 0.065 0.050 0150 FINTEC 0.060 0.010 4677.3 0.059 — — 36.3
0.495 0.460 0.490 0.490 5270 RSENA 0.490 UNCH 20 0.490 — — 490.0 0.630 0.455 0.540 0.470 0053 OSKVI 0.540 0.040 5 0.513 — 9.26 106.7
ENERGY HEALTH CARE
0.220 0.060 0.070 0.060 5115 ALAM 0.065 -0.005 1337.9 0.066 — — 60.1 0.340 0.185 0.195 0.190 0163 CAREPLS 0.195 Unch 680.5 0.191 — — 103.6
0.950 0.145 0.155 0.145 5210 ARMADA 0.150 UNCH 126943 0.150 — — 880.6 0.230 0.105 0.125 0.105 0182 LKL 0.125 0.010 36 0.120 — 2.80 53.6
0.385 0.045 0.050 0.045 7251 BARAKAH 0.045 -0.005 388.5 0.046 — — 37.6 0.400 0.205 — — 0155 MGRC 0.235 — — — — — 24.3
0.490 0.205 0.390 0.340 5257 CARIMIN 0.360 -0.020 1777.3 0.366 — — 84.2 0.780 0.280 0.295 0.285 0201 NOVA 0.290 Unch 303.6 0.290 10.90 6.21 92.1
1.450 0.840 0.860 0.850 5071 COASTAL 0.860 0.005 13.2 0.860 — 2.33 457.2 TRANSPORTATION & LOGISTICS
0.110 0.010 0.010 0.010 0091 DAYA 0.010 UNCH 10807.9 0.010 — — 20.4 0.135 0.060 0.100 0.080 0048 ANCOMLB 0.100 0.005 0.5 0.084 — — 47.3
0.920 0.500 0.530 0.510 5141 DAYANG 0.520 0.005 1230.4 0.521 44.44 — 501.7 0.300 0.210 0.220 0.210 0080 STRAITS 0.220 Unch 404 0.215 24.18 — 123.0
1.340 0.860 0.925 0.920 5132 DELEUM 0.925 -0.015 24.8 0.923 11.17 4.86 371.0 0.559 0.310 — — 0199 TRIMODE 0.310 — — — 9.94 3.23 51.5
3.637 2.371 3.020 2.720 7277 DIALOG 3.020 0.270 14050.5 2.961 36.70 1.06 17,037.8 CONSTRUCTION
0.535 0.215 0.320 0.295 7253 HANDAL 0.320 UNCH 144.9 0.308 — — 51.2 0.438 0.220 0.225 0.220 0198 GDB 0.220 -0.010 462.4 0.221 4.19 4.55 137.5
19.158 4.520 4.750 4.600 4324 HENGYUAN 4.650 -0.110 173.3 4.676 5.94 0.43 1,395.0 0.045 0.010 0.015 0.010 0109 SCBUILD 0.015 Unch 118.2 0.010 10.71 — 13.2
1.360 0.705 0.815 0.780 5199 HIBISCS 0.810 0.020 21913.7 0.802 4.38 — 1,286.5
0.665 0.135 0.145 0.135 2739 HUAAN 0.140 -0.005 3887 0.140 3.88 — 157.1 PLANTATION
0.300 0.065 0.075 0.070 5255 ICON 0.075 UNCH 1434.7 0.070 — — 88.3 0.120 0.065 0.075 0.070 0189 MATANG 0.070 Unch 243 0.071 38.89 2.86 126.7
0.300 0.070 0.080 0.070 7164 KNM 0.070 -0.005 15916 0.074 — — 165.9 UTILITIES
0.946 0.495 0.510 0.495 5186 MHB 0.495 -0.005 152.4 0.502 — 6.06 792.0 0.345 0.199 0.235 0.220 0011 BTECH 0.235 0.015 534.9 0.230 14.24 6.81 59.2
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 8 Markets FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S

Bursa Malaysia Equity Derivatives YEAR

HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE WARRANTS CLOSE
(RM)
+/-
(RM)
VOL PARENT
(‘000)
EXE
PRICE PRICE
PR’M
(%)
EXPIRY
DATE

0.080 0.005 0.005 0.005 522258 FGV-C58 0.005 Unch 438 0.735 1.700 132.65 28/06/2019
Main Market & Ace Market Warrants 0.075 0.003 0.005 0.005 522260 FGV-C60 0.005 Unch 100 0.735 1.500 105.44 15/04/2019
0.120 0.005 0.015 0.015 522261 FGV-C61 0.015 0.010 140 0.735 1.350 89.80 30/04/2019
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE 0.040 0.030 0.040 0.035 522262 FGV-C62 0.035 0.005 375 0.735 1.200 77.55 23/10/2019
0.065 0.040 0.065 0.050 522263 FGV-C63 0.055 Unch 4742 0.735 0.950 42.72 28/06/2019
0.135 0.005 0.005 0.005 70318 A50CHIN-C18 0.005 Unch 20 0.738 8.815 1,096 31/12/2018 0.065 0.010 0.010 0.010 0150WA FINTEC-WA 0.010 Unch 1051 0.060 0.300 416.67 19/04/2024
0.360 0.005 0.005 0.005 70320 A50CHIN-C20 0.005 Unch 266 0.725 7.746 969.47 31/12/2018 0.105 0.020 0.030 0.025 0150WB FINTEC-WB 0.030 0.005 346.2 0.060 0.150 200.00 03/12/2022
0.395 0.045 0.050 0.045 70322 A50CHIN-C22 0.050 -0.010 1249.1 6.162 7.479 22.59 29/03/2019 0.100 0.015 0.020 0.020 9318WB FITTERS-WB 0.020 Unch 30 0.400 1.000 155.00 12/10/2019
0.605 0.205 0.245 0.205 70324 A50CHIN-C24 0.215 -0.035 10426.2 6.162 6.411 9.27 29/03/2019 0.490 0.085 0.090 0.090 9261WB GADANG-WB 0.090 -0.005 90 0.495 1.060 132.32 29/11/2021
0.325 0.225 0.230 0.225 70326 A50CHIN-C26 0.230 -0.020 7821.2 6.162 6.304 13.50 25/06/2019 0.140 0.070 0.070 0.070 539859 GAMUDA-C59 0.070 Unch 100 2.250 2.350 16.89 30/08/2019
0.180 0.110 0.115 0.110 70328 A50CHIN-C28 0.115 -0.010 121 6.162 7.372 25.24 25/06/2019 0.100 0.065 0.070 0.070 539860 GAMUDA-C60 0.070 0.005 0.4 2.250 2.880 43.56 17/06/2019
0.205 0.105 0.125 0.105 70330 A50CHIN-C30 0.105 -0.030 85 6.162 7.746 28.26 28/06/2019 0.080 0.045 0.045 0.045 539861 GAMUDA-C61 0.045 Unch 1100 2.250 3.200 50.22 31/05/2019
0.435 0.260 0.290 0.260 70332 A50CHIN-C32 0.265 -0.030 374.2 6.162 6.678 14.82 28/06/2019 1.300 0.125 0.145 0.135 5398WE GAMUDA-WE 0.135 -0.010 994.8 2.250 4.050 86.00 06/03/2021
0.300 0.145 0.210 0.210 70323 A50CHIN-H23 0.210 0.025 20 6.162 5.876 0.48 29/03/2019 0.410 0.135 0.160 0.145 5226WB GBGAQRS-WB 0.160 0.005 779.9 0.705 1.120 81.56 26/09/2023
0.455 0.325 0.455 0.415 70327 A50CHIN-H27 0.445 0.030 6718.4 6.162 6.411 14.87 28/06/2019 0.425 0.040 0.050 0.040 0078WB GDEX-WB 0.040 -0.015 254.4 0.270 0.383 56.48 05/02/2020
0.040 0.005 0.005 0.005 523821 AAX-C21 0.005 -0.015 200 0.225 0.430 93.78 29/03/2019 0.225 0.005 0.005 0.005 471537 GENM-C37 0.005 Unch 2 0.987 5.100 419.00 31/01/2019
0.220 0.045 0.050 0.045 5238WA AAX-WA 0.045 -0.010 205 0.225 0.460 124.44 08/06/2020 0.165 0.005 0.010 0.005 471538 GENM-C38 0.005 -0.005 1650.3 1.550 5.500 256.45 26/03/2019
0.130 0.005 0.010 0.010 509962 AIRASIAC62 0.010 Unch 50 2.720 3.257 21.32 31/01/2019 0.135 0.005 0.005 0.005 471539 GENM-C39 0.005 -0.005 270 1.565 5.250 237.06 01/03/2019
0.150 0.010 0.025 0.020 509965 AIRASIAC65 0.025 0.005 376.9 2.720 3.126 17.33 28/02/2019 0.085 0.010 0.020 0.015 471541 GENM-C41 0.015 -0.005 445 3.080 5.050 66.40 31/07/2019
0.240 0.015 0.050 0.040 509966 AIRASIAC66 0.050 0.010 320 2.720 2.822 8.55 16/01/2019 0.125 0.030 0.055 0.045 471542 GENM-C42 0.045 Unch 3008.7 3.080 4.600 55.93 28/06/2019
0.270 0.035 0.130 0.115 509967 AIRASIAC67 0.130 0.005 1536.4 2.720 2.605 8.23 30/04/2019 0.085 0.040 0.070 0.055 471543 GENM-C43 0.060 Unch 5131.8 3.080 3.900 36.36 25/06/2019
0.130 0.025 0.085 0.070 509969 AIRASIAC69 0.080 0.005 6131 2.720 2.953 16.98 29/03/2019 0.075 0.050 0.075 0.065 471544 GENM-C44 0.075 0.010 1511.2 3.080 4.000 42.05 28/06/2019
0.065 0.020 0.050 0.040 509970 AIRASIAC70 0.050 0.010 60 2.720 3.083 19.73 04/04/2019 0.145 0.105 0.145 0.130 471545 GENM-C45 0.135 0.005 415.7 3.080 2.900 16.07 13/06/2019
0.120 0.030 0.110 0.100 509971 AIRASIAC71 0.110 0.010 770 2.720 2.822 14.30 31/07/2019 0.140 0.100 0.140 0.125 471546 GENM-C46 0.130 0.005 14183.5 3.080 3.400 31.49 31/07/2019
0.210 0.085 0.200 0.180 509972 AIRASIAC72 0.195 0.010 1595.4 2.720 2.518 14.38 28/06/2019 0.140 0.100 0.140 0.120 471547 GENM-C47 0.130 0.005 14851.5 3.080 3.200 22.89 25/06/2019
0.240 0.130 0.230 0.200 509973 AIRASIAC73 0.225 0.015 22 2.720 2.432 10.95 20/05/2019 2.990 1.490 1.610 1.550 2291WA GENP-WA 1.560 0.050 113.6 9.510 7.750 -2.10 17/06/2019
0.315 0.180 0.305 0.275 509974 AIRASIAC74 0.300 0.015 950 2.720 2.171 8.55 28/06/2019 0.175 0.075 0.100 0.090 318257 GENTINGC57 0.090 -0.005 930 6.230 7.700 30.82 28/06/2019
0.155 0.135 0.155 0.135 509975 AIRASIAC75 0.150 0.010 700 2.720 2.692 18.13 13/06/2019 0.105 0.040 0.050 0.050 318258 GENTINGC58 0.050 Unch 77.7 6.230 7.250 21.99 30/09/2019
0.105 0.055 0.105 0.090 5014C4 AIRPORT-C4 0.105 0.035 97 8.180 8.350 13.63 30/09/2019 0.115 0.095 0.110 0.105 318260 GENTINGC60 0.110 Unch 1.2 6.230 7.180 24.96 28/06/2019
0.145 0.105 0.145 0.125 5014C5 AIRPORT-C5 0.125 0.015 31 8.180 9.300 23.62 28/06/2019 0.095 0.085 0.095 0.090 318261 GENTINGC61 0.090 -0.005 100 6.230 6.600 16.05 13/06/2019
0.205 0.155 0.205 0.170 5014C6 AIRPORT-C6 0.175 0.005 2067 8.180 8.300 20.72 23/10/2019 0.135 0.100 0.130 0.125 318262 GENTINGC62 0.125 -0.005 3390 6.230 7.000 21.99 28/06/2019
0.165 0.120 0.165 0.165 5014C7 AIRPORT-C7 0.165 0.025 30 8.180 8.180 16.14 28/06/2019 0.050 0.005 0.005 0.005 0074WA GOCEAN-WA 0.005 Unch 100 0.090 0.340 283.33 07/08/2019
0.190 0.005 0.020 0.005 5014CZ AIRPORT-CZ 0.010 0.005 2626.1 5.514 9.000 64.40 31/01/2019 0.100 0.050 0.055 0.055 0082WB GPACKET-WB 0.055 Unch 0.7 0.320 0.400 42.19 24/11/2023
0.230 0.085 0.100 0.095 7609WA AJIYA-WA 0.100 0.010 40 0.555 0.920 83.78 28/08/2021 0.040 0.015 0.015 0.015 7096WA GPA-WA 0.015 Unch 50 0.080 0.100 43.75 03/06/2025
0.200 0.040 0.110 0.110 9954WB AKNIGHT-WB 0.110 Unch 565 0.165 0.100 27.27 14/05/2023 0.075 0.055 0.055 0.055 7022CW GTRONIC-CW 0.055 -0.005 381 1.640 2.200 45.88 28/06/2019
0.170 0.110 0.145 0.130 101512 AMBANK-C12 0.135 -0.020 441.6 4.220 4.250 13.51 30/05/2019 0.240 0.020 0.030 0.030 516811 HARTA-C11 0.030 0.005 0.1 6.200 7.000 14.84 29/03/2019
0.055 0.020 0.020 0.020 9342WB ANZO-WB 0.020 Unch 45 0.045 0.250 500.00 25/08/2023 0.285 0.075 0.085 0.080 516813 HARTA-C13 0.085 Unch 85.2 6.200 5.800 3.15 16/01/2019
0.045 0.005 0.005 0.005 9342WC ANZO-WC 0.005 Unch 182 0.045 0.200 355.56 18/06/2020 0.125 0.065 0.070 0.070 516816 HARTA-C16 0.070 Unch 40 6.200 6.880 18.87 04/04/2019
0.315 0.040 0.040 0.040 0119WA APPASIA-WA 0.040 -0.015 10 0.090 0.130 88.89 23/12/2024 0.405 0.210 0.220 0.215 7105WA HCK-WA 0.215 Unch 12.5 1.250 0.960 -6.00 26/09/2027
0.110 0.070 0.095 0.095 639911 ASTRO-C11 0.095 0.005 0.8 1.340 1.600 40.67 17/06/2019 0.305 0.070 0.070 0.070 5072WB HIAPTEK-WB 0.070 -0.005 175 0.255 0.500 123.53 23/06/2021
0.195 0.140 0.170 0.170 688833 AXIATA-C33 0.170 -0.010 20 3.810 3.600 16.80 28/06/2019 0.165 0.010 0.015 0.015 5199CI HIBISCS-CI 0.015 0.005 500 0.810 1.100 40.43 31/01/2019
0.160 0.095 0.145 0.135 688834 AXIATA-C34 0.135 -0.010 0.4 3.810 3.450 8.27 30/08/2019 0.195 0.025 0.035 0.025 5199CL HIBISCS-CL 0.030 Unch 3271.5 0.810 0.980 30.25 01/03/2019
0.180 0.175 0.180 0.180 688836 AXIATA-C36 0.180 0.005 199.8 3.810 3.750 24.41 23/10/2019 0.125 0.040 0.045 0.045 5199CN HIBISCS-CN 0.045 0.005 34 0.810 1.100 49.69 25/06/2019
0.550 0.170 0.205 0.205 0098WA BAHVEST-WA 0.205 Unch 20 0.355 0.430 78.87 20/08/2024 0.130 0.055 0.055 0.055 5199CO HIBISCS-CO 0.055 -0.015 500 0.810 1.200 65.12 27/08/2019
0.210 0.190 0.210 0.210 4162CN BAT-CN 0.210 0.020 500 36.980 40.000 28.04 23/10/2019 0.665 0.200 0.355 0.335 5199WC HIBISCS-WC 0.340 -0.005 5340.3 0.810 1.000 65.43 19/03/2021
0.110 0.070 0.105 0.105 5248C1 BAUTO-C1 0.105 Unch 756 2.200 2.200 14.32 31/05/2019 0.250 0.090 0.135 0.090 5160WA HOMERIZ-WA 0.125 0.020 53 0.660 0.920 58.33 09/07/2020
0.215 0.140 0.200 0.200 5248CZ BAUTO-CZ 0.200 -0.015 320 2.200 2.000 9.09 25/06/2019 0.700 0.140 0.180 0.150 0185WA HSSEB-WA 0.180 Unch 2 0.835 1.700 125.15 15/03/2023
0.330 0.115 0.150 0.140 5258WA BIMB-WA 0.150 Unch 160.3 3.600 4.720 35.28 04/12/2023 0.090 0.005 0.005 0.005 7013WB HUBLINE-WB 0.005 Unch 169.5 0.040 0.200 412.50 20/12/2020
0.100 0.025 0.040 0.035 6998WA BINTAI-WA 0.040 Unch 100.1 0.140 0.200 71.43 15/06/2020 1.000 0.100 0.420 0.355 9687WB IDEAL-WB 0.360 -0.040 77.3 1.100 1.000 23.64 30/03/2021
0.160 0.085 0.090 0.090 0179WA BIOHLDG-WA 0.090 Unch 10 0.200 0.220 55.00 05/01/2022 0.155 0.060 0.100 0.090 522510 IHH-C10 0.095 -0.005 350 5.220 5.400 14.37 28/06/2019
0.150 0.045 0.050 0.050 3239WB BJASSET-WB 0.050 0.005 276.2 0.280 0.350 42.86 10/06/2023 0.070 0.015 0.040 0.030 5225C7 IHH-C7 0.030 -0.015 306.8 5.220 6.000 17.24 31/05/2019
0.240 0.025 0.030 0.030 339510 BJCORP-C10 0.030 0.005 1.3 0.280 0.350 36.79 30/04/2019 0.135 0.050 0.095 0.080 5225C8 IHH-C8 0.090 -0.015 375.8 5.220 5.200 9.96 04/04/2019
0.050 0.040 0.045 0.045 339511 BJCORP-C11 0.045 0.005 1000 0.280 0.310 26.79 25/06/2019 0.225 0.005 0.005 0.005 16620 INARI-C20 0.005 Unch 20 0.800 2.050 158.13 16/01/2019
0.100 0.035 0.050 0.040 3395WB BJCORP-WB 0.045 0.005 2226.3 0.280 1.000 273.21 22/04/2022 0.165 0.015 0.015 0.015 16624 INARI-C24 0.015 -0.010 160 1.530 2.280 51.96 15/04/2019
0.140 0.065 0.070 0.065 3395WC BJCORP-WC 0.070 0.005 3651 0.280 1.000 282.14 29/05/2026 0.120 0.015 0.015 0.015 16625 INARI-C25 0.015 Unch 714.8 1.530 2.300 53.56 30/04/2019
0.045 0.010 0.020 0.015 7036WC BORNOIL-WC 0.020 0.005 1273.1 0.040 0.070 125.00 08/11/2025 0.105 0.045 0.045 0.045 16626 INARI-C26 0.045 -0.005 20 1.530 1.850 29.74 30/09/2019
0.050 0.015 0.020 0.015 7036WD BORNOIL-WD 0.020 Unch 58.3 0.040 0.070 125.00 29/05/2027 0.120 0.060 0.060 0.060 16627 INARI-C27 0.060 -0.005 1030 1.530 1.900 36.73 28/06/2019
0.200 0.035 0.060 0.035 7188WB BTM-WB 0.060 0.025 50.2 0.090 0.200 188.89 23/10/2024 0.105 0.075 0.080 0.075 16629 INARI-C29 0.075 -0.005 2.4 1.530 1.900 38.89 28/06/2019
0.120 0.035 0.040 0.035 0191WA CABNET-WA 0.040 0.005 100.1 0.250 0.500 116.00 02/07/2021 2.010 1.010 1.050 1.010 0166WB INARI-WB 1.020 -0.040 69.5 1.530 0.533 1.52 17/02/2020
0.925 0.370 0.645 0.645 7154WA CAELY-WA 0.645 0.025 6.8 1.020 0.380 0.49 22/04/2021 0.115 0.020 0.030 0.030 0094WA INIX-WA 0.030 -0.005 5 0.075 0.100 73.33 16/11/2020
0.290 0.025 0.025 0.025 7076WA CBIP-WA 0.025 Unch 25 0.990 2.400 144.95 06/11/2019 0.390 0.055 0.070 0.055 3379WB INSAS-WB 0.070 0.005 217.6 0.680 1.000 57.35 25/02/2020
0.330 0.070 0.075 0.070 7035WA CCK-WA 0.075 -0.005 677.2 0.410 0.900 137.80 18/06/2023 0.105 0.010 0.010 0.010 7183WA IRETEX-WA 0.010 Unch 170 0.125 0.800 548.00 10/06/2019
0.140 0.005 0.005 0.005 102336 CIMB-C36 0.005 -0.010 42 1.887 6.100 225.12 31/12/2018 0.230 0.150 0.230 0.150 4723WB JAKS-WB 0.210 Unch 5383.4 0.435 0.640 95.40 13/12/2023
0.140 0.070 0.070 0.070 102343 CIMB-C43 0.070 -0.015 140 5.650 6.600 22.64 30/04/2019 0.040 0.015 0.020 0.015 3115WC KBUNAI-WC 0.020 0.005 325 0.085 0.131 77.65 20/10/2023
0.145 0.100 0.105 0.105 102344 CIMB-C44 0.105 0.005 0.4 5.650 6.500 24.34 20/05/2019 0.765 0.200 0.420 0.405 0151WA KGB-WA 0.410 -0.010 283.5 0.930 0.500 -2.15 12/06/2019
0.170 0.125 0.130 0.130 102345 CIMB-C45 0.130 Unch 1506 5.650 5.700 14.69 28/06/2019 0.030 0.010 0.010 0.010 0036WB KGROUP-WB 0.010 Unch 875.6 0.045 0.200 366.67 01/05/2020
0.570 0.220 0.320 0.230 8125WB DAIBOCI-WB 0.320 Unch 5.4 1.650 2.500 70.91 19/06/2022 0.660 0.250 0.300 0.250 5171WA KIMLUN-WA 0.290 -0.010 52.7 1.030 1.680 91.26 12/03/2024
0.340 0.100 0.200 0.195 5276WA DANCO-WA 0.195 -0.005 73 0.425 0.300 16.47 22/05/2022 0.090 0.010 0.015 0.015 7164WB KNM-WB 0.015 Unch 130 0.070 1.000 1,350 21/04/2020
0.605 0.035 0.150 0.080 727728 DIALOG-C28 0.150 0.115 180.4 3.020 2.750 -1.49 31/12/2018 0.095 0.010 0.020 0.010 7017WB KOMARK-WB 0.015 Unch 200.1 0.130 0.230 88.46 21/01/2020
0.135 0.050 0.065 0.050 727739 DIALOG-C39 0.065 Unch 2.4 3.020 3.500 23.43 20/05/2019 0.235 0.010 0.015 0.015 5878WB KPJ-WB 0.015 -0.005 1101.8 1.030 1.010 -0.49 23/01/2019
0.220 0.080 0.120 0.080 727740 DIALOG-C40 0.120 0.040 3880 3.020 3.300 20.40 28/06/2019 0.780 0.125 0.150 0.135 9385WA LAYHONG-WA 0.145 0.005 2539.3 0.360 0.400 51.39 13/10/2021
0.110 0.110 0.110 0.110 727741 DIALOG-C41 0.110 -0.040 1200 3.020 3.250 20.36 25/06/2019 0.200 0.050 0.080 0.075 7126WA LONBISC-WA 0.080 Unch 450 0.640 1.000 68.75 26/01/2020
0.140 0.100 0.115 0.115 694726 DIGI-C26 0.115 -0.015 800 4.320 4.500 14.81 25/06/2019 0.085 0.030 0.035 0.030 5068WB LUSTER-WB 0.035 Unch 97.9 0.080 0.100 68.75 26/05/2023
0.145 0.110 0.120 0.115 694727 DIGI-C27 0.115 -0.020 1.2 4.320 4.880 22.28 17/06/2019 0.125 0.010 0.020 0.010 8583WC MAHSING-WC 0.020 0.005 18.9 0.910 2.100 132.97 21/02/2020
0.300 0.060 0.290 0.290 694728 DIGI-C28 0.290 -0.010 3.5 4.320 5.000 47.96 28/06/2019 0.080 0.040 0.040 0.040 526418 MALAKOFC18 0.040 -0.005 50 0.770 0.900 24.68 25/06/2019
0.100 0.020 0.020 0.020 0029WB DIGISTA-WB 0.020 Unch 1 0.050 0.260 460.00 04/04/2023 0.300 0.035 0.035 0.035 115542 MAYBANKC42 0.035 -0.065 25 9.300 9.300 1.88 31/12/2018
0.245 0.055 0.060 0.055 4456WD DNEX-WD 0.060 Unch 139.6 0.200 0.500 180.00 30/07/2021 0.180 0.090 0.095 0.095 115543 MAYBANKC43 0.095 Unch 10 9.300 9.000 3.92 30/04/2019
0.415 0.105 0.110 0.110 7114WA DNONCE-WA 0.110 -0.005 35 0.345 0.250 4.35 25/11/2020 0.070 0.020 0.020 0.020 115546 MAYBANKC46 0.020 Unch 300 9.300 10.000 9.68 28/06/2019
0.055 0.020 0.025 0.020 7198WB DPS-WB 0.025 0.005 379.4 0.050 0.100 150.00 15/01/2025 0.155 0.125 0.130 0.125 115549 MAYBANKC49 0.130 Unch 1714.9 9.300 9.500 11.24 31/07/2019
0.235 0.015 0.015 0.015 161958 DRBHCOMC58 0.015 -0.005 194 1.630 2.100 31.87 31/01/2019 0.105 0.060 0.060 0.060 117118 MBSB-C18 0.060 Unch 860 0.925 1.000 21.08 31/05/2019
0.215 0.025 0.025 0.025 161959 DRBHCOMC59 0.025 -0.010 160 1.630 2.000 28.83 27/02/2019 0.120 0.040 0.090 0.090 5040WA MEDAINC-WA 0.090 0.010 20 0.330 0.500 78.79 13/08/2021
0.265 0.020 0.030 0.025 161960 DRBHCOMC60 0.030 -0.010 140.1 1.630 1.950 25.15 30/04/2019 0.060 0.020 0.025 0.025 5040WC MEDAINC-WC 0.025 -0.005 80 0.330 0.800 150.00 24/08/2024
0.170 0.025 0.040 0.040 161961 DRBHCOMC61 0.040 Unch 50.2 1.630 2.700 73.01 18/02/2019 0.310 0.050 0.055 0.055 7234WA MESB-WA 0.055 -0.040 50 0.215 0.300 65.12 27/12/2022
0.160 0.010 0.010 0.010 161964 DRBHCOMC64 0.010 Unch 120 1.630 2.400 49.08 31/05/2019 2.190 1.070 1.070 1.070 3069WA MFCB-WA 1.070 -0.070 75 3.140 2.220 4.78 08/04/2020
0.185 0.080 0.085 0.080 161968 DRBHCOMC68 0.080 -0.010 910 1.630 1.900 32.76 28/06/2019 0.180 0.095 0.105 0.105 5286CA MI-CA 0.105 0.010 686 2.150 2.600 40.47 25/06/2019
0.300 0.050 0.075 0.065 5216WA DSONIC-WA 0.075 Unch 687.5 0.380 1.090 206.58 05/07/2023 0.118 0.035 0.040 0.040 5576WC MINHO-WC 0.040 -0.025 13.2 0.270 0.320 33.33 02/08/2021
0.135 0.035 0.070 0.055 3557WC ECOFIRS-WC 0.070 Unch 169.7 0.295 0.300 25.42 10/09/2019 0.155 0.045 0.130 0.130 381619 MISC-C19 0.130 0.035 52.5 6.300 6.060 6.51 28/06/2019
0.590 0.070 0.075 0.070 5253WA ECONBHD-WA 0.075 0.005 845.7 0.365 1.250 263.01 02/01/2023 0.140 0.100 0.120 0.110 381620 MISC-C20 0.110 -0.005 250 6.300 7.500 31.27 31/07/2019
0.385 0.175 0.200 0.175 8206WA ECOWLD-WA 0.200 0.010 120.5 0.915 2.080 149.18 26/03/2022 0.282 0.015 0.025 0.025 9571WD MITRA-WD 0.025 0.010 0.1 0.230 0.940 319.57 23/08/2020
0.150 0.030 0.035 0.035 7471WB EDEN-WB 0.035 -0.005 140 0.095 0.300 252.63 13/08/2021 0.060 0.005 0.020 0.020 0085WA MLAB-WA 0.020 0.005 0.1 0.045 0.090 144.44 24/04/2020
1.280 0.110 0.135 0.120 0065WA EFORCE-WA 0.135 -0.005 580.7 0.410 0.340 15.85 17/07/2019 0.045 0.005 0.005 0.005 0085WB MLAB-WB 0.005 -0.005 895.8 0.045 0.150 244.44 10/09/2020
0.420 0.130 0.140 0.130 8907WC EG-WC 0.140 -0.010 40 0.475 0.500 34.74 03/11/2020 0.095 0.045 0.070 0.070 0034WB MMAG-WB 0.070 Unch 36.3 0.220 0.200 22.73 27/11/2022
0.795 0.045 0.055 0.050 8877WB EKOVEST-WB 0.055 0.005 986.1 0.440 0.480 21.59 25/06/2019 0.200 0.010 0.015 0.015 165132 MRCB-C32 0.015 0.005 234 0.600 0.800 35.83 28/02/2019
0.340 0.100 0.115 0.100 5283WA EWINT-WA 0.105 -0.010 7707.2 0.700 1.450 122.14 02/04/2022 0.115 0.035 0.035 0.035 165136 MRCB-C36 0.035 Unch 250 0.600 0.750 36.67 04/04/2019
0.535 0.030 0.030 0.030 7047WB FAJAR-WB 0.030 -0.010 44 0.300 0.700 143.33 24/09/2019 0.140 0.050 0.055 0.050 165137 MRCB-C37 0.050 Unch 798.1 0.600 0.700 33.33 30/04/2019
0.430 0.035 0.035 0.035 06505B FBMKLCI-C5B 0.035 -0.015 40 1,049 1,830 75.41 31/01/2019 0.105 0.040 0.045 0.040 165138 MRCB-C38 0.040 -0.020 400 0.600 0.750 41.67 20/05/2019
0.160 0.095 0.095 0.095 06505D FBMKLCI-C5D 0.095 Unch 30 1,650 1,650 5.72 29/03/2019 0.440 0.180 0.205 0.190 1651WB MRCB-WB 0.195 0.005 1027.4 0.600 1.250 140.83 29/10/2027
0.205 0.020 0.035 0.030 06505E FBMKLCI-C5E 0.035 Unch 410.2 1,650 1,680 3.27 31/01/2019 0.470 0.060 0.075 0.065 13844 MYEG-C44 0.065 -0.005 519.2 0.820 1.000 37.80 29/03/2019
0.395 0.060 0.065 0.060 06505H FBMKLCI-C5H 0.065 Unch 240 1,650 1,800 10.24 28/02/2019 0.290 0.005 0.010 0.010 13845 MYEG-C45 0.010 Unch 939.2 0.820 1.280 59.15 18/02/2019
0.045 0.015 0.015 0.015 06505K FBMKLCI-C5K 0.015 Unch 30 1,004 1,800 80.31 30/04/2019 0.065 0.005 0.005 0.005 13854 MYEG-C54 0.005 Unch 400 0.820 2.200 169.82 20/05/2019
0.365 0.195 0.205 0.200 06505M FBMKLCI-C5M 0.200 -0.010 540.8 1,650 1,770 10.87 30/04/2019 0.135 0.050 0.055 0.055 13855 MYEG-C55 0.055 Unch 3666 0.820 1.200 66.46 28/06/2019
0.100 0.055 0.065 0.060 06505N FBMKLCI-C5N 0.065 Unch 278.9 1,650 1,680 4.54 31/05/2019 0.030 0.005 0.005 0.005 0096WA NEXGRAM-WA 0.005 Unch 1160 0.015 0.100 600.00 16/05/2022
0.090 0.045 0.055 0.050 06505O FBMKLCI-C5O 0.050 -0.010 353.1 1,650 1,700 5.12 28/06/2019 0.030 0.005 0.005 0.005 0096WC NEXGRAM-WC 0.005 Unch 130 0.015 0.100 600.00 15/01/2024
0.545 0.400 0.425 0.420 06505Q FBMKLCI-C5Q 0.420 -0.015 207 1,650 1,650 7.61 31/05/2019 0.335 0.050 0.190 0.165 7241WA NGGB-WA 0.175 -0.010 3583.6 0.440 0.600 76.14 18/10/2020
0.330 0.135 0.310 0.305 06504Y FBMKLCI-H4Y 0.310 0.010 33.1 1,650 1,888 29.41 31/01/2019 0.410 0.200 0.260 0.235 0083WC NOTION-WC 0.260 0.025 46 0.575 0.840 91.30 14/03/2023
0.470 0.150 0.210 0.185 06506A FBMKLCI-H6A 0.185 -0.015 35 1,650 1,690 5.75 31/12/2018 0.295 0.065 0.120 0.105 0172WA OCK-WA 0.110 Unch 13571.2 0.460 0.710 78.26 15/12/2020
0.665 0.280 0.435 0.435 06506B FBMKLCI-H6B 0.435 0.035 3 1,650 1,770 15.15 31/12/2018 0.095 0.015 0.045 0.040 0079WA ORION-WA 0.040 -0.005 4504.9 0.105 0.170 100.00 26/07/2022
0.315 0.045 0.210 0.195 06506C FBMKLCI-H6C 0.195 0.005 152.3 1,650 1,750 11.94 31/12/2018 0.210 0.040 0.050 0.045 5053WC OSK-WC 0.045 Unch 10.9 0.865 1.200 43.93 22/07/2020
0.335 0.205 0.235 0.220 06506D FBMKLCI-H6D 0.225 0.005 2749.7 1,650 1,630 2.85 31/01/2019 0.365 0.100 0.140 0.120 5260WA OWG-WA 0.125 -0.010 1533.3 0.525 0.800 76.19 29/09/2023
0.090 0.050 0.090 0.080 06506F FBMKLCI-H6F 0.080 Unch 105.7 1,650 1,650 4.81 29/03/2019 0.420 0.245 0.300 0.285 8419WA PANSAR-WA 0.300 0.005 35.3 0.800 0.950 56.25 06/06/2023
0.115 0.020 0.070 0.065 06506G FBMKLCI-H6G 0.065 0.005 2731.3 1,650 1,680 4.54 31/01/2019 0.095 0.020 0.035 0.030 7225WB PA-WB 0.035 Unch 6527.6 0.055 0.060 72.73 17/12/2022
0.225 0.070 0.225 0.205 06506H FBMKLCI-H6H 0.215 0.015 1989.5 1,650 1,780 16.96 28/02/2019 0.125 0.105 0.110 0.105 518325 PCHEM-C25 0.110 0.005 0.4 9.210 10.300 17.81 17/06/2019
0.360 0.235 0.325 0.315 06506I FBMKLCI-H6I 0.320 -0.010 210 1,650 1,680 7.60 28/02/2019 0.050 0.005 0.005 0.005 6254WB PDZ-WB 0.005 -0.005 150 0.030 0.100 250.00 29/01/2023
0.495 0.305 0.475 0.450 06506J FBMKLCI-H6J 0.460 0.015 2280 1,650 1,760 15.00 28/02/2019 0.315 0.060 0.065 0.060 5681CV PETDAG-CV 0.060 -0.020 60 25.400 24.750 0.28 31/12/2018
0.185 0.105 0.185 0.175 06506L FBMKLCI-H6L 0.175 0.010 25.5 1,650 1,788 18.93 31/05/2019 0.130 0.050 0.095 0.090 6033CS PETGAS-CS 0.090 -0.025 1.1 19.000 19.000 7.11 28/06/2019
0.430 0.355 0.410 0.410 06506N FBMKLCI-H6N 0.410 0.005 13 1,650 1,660 8.03 30/04/2019 2.260 0.795 1.750 1.580 7172WA PMBTECH-WA 1.580 -0.190 15.5 3.600 3.010 27.50 12/07/2023
0.555 0.445 0.540 0.520 06506O FBMKLCI-H6O 0.520 0.005 540 1,650 1,740 14.88 30/04/2019 0.225 0.105 0.125 0.120 886914 PMETAL-C14 0.125 0.005 40 4.850 4.300 1.55 30/01/2019
0.190 0.090 0.190 0.130 06506P FBMKLCI-H6P 0.135 0.005 140.3 1,650 1,680 7.51 31/05/2019 0.165 0.075 0.075 0.075 886916 PMETAL-C16 0.075 Unch 0.4 4.850 5.700 23.71 18/03/2019
0.185 0.115 0.180 0.175 06506Q FBMKLCI-H6Q 0.175 -0.010 63.3 1,650 1,700 10.42 28/06/2019 0.185 0.090 0.100 0.095 886919 PMETAL-C19 0.100 Unch 1000 4.850 5.300 19.59 24/04/2019
0.435 0.375 0.420 0.420 06506R FBMKLCI-H6R 0.420 0.005 7.1 1,650 1,610 5.18 31/05/2019 0.120 0.085 0.085 0.085 886921 PMETAL-C21 0.085 Unch 197.1 4.850 5.600 25.10 28/06/2019
0.555 0.455 0.530 0.520 06506S FBMKLCI-H6S 0.530 0.010 6.7 1,650 1,690 12.03 31/05/2019 0.110 0.105 0.110 0.105 886922 PMETAL-C22 0.110 Unch 120 4.850 5.100 16.49 13/06/2019
0.200 0.005 0.005 0.005 522255 FGV-C55 0.005 Unch 120 0.735 1.500 105.44 30/04/2019 5.380 3.330 4.400 4.350 8869WC PMETAL-WC 4.400 0.040 84 4.850 0.390 -1.24 22/08/2019
FRIDAY DECEMB E R 21 , 20 1 8 • THEED G E FINA NCIA L DA ILY
Japan — Nikkei falls to 15-month low
as Fed outlook knocks sentiment
TOKYO: Japan’s Nikkei Share Average
skidded to a 15-month low yesterday after
the US Federal Reserve (Fed) largely retained
its plans to increase interest rates next year
despite rising risks to growth, triggering a
sell-off in global stocks.
The Nikkei tumbled 595.34 points or 2.84%
to 20,392.58, the weakest closing point since
September 2017.
The broader Topix lost 2.5% to 1,517.16,
the lowest closing level since April 2017.
Following a two-day policy meeting the
Fed raised interest rates on Wednesday for
the fourth time this year as widely expected.
The US central bank also forecast fewer
interest-rate increases in 2019, but it’s core
plan to keep tightening rates even as global
growth slowed spooked investors, sending
Wall Street shares tumbling.
“Most investors wanted to wait for the
Fed’s decision to take positions, and now
global investors are shifting to safe haven
assets from stocks,” said Hiroyuki Ueno, a
senior strategist at Sumitomo Mitsui Trust
Asset Management.
Ueno said that investors are becoming
risk-averse on worries about a slowdown in
the global economy, which is reflected in a
sell-off in cyclical stocks such as machinery,
shippers and tech shares.
Mitsui OSK Lines nosedived 6.9%
and Nippon Yusen declined 4.6%, while
ASX 200
Index points
6350
5625
4900
5,505.80
4175
-74.80
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
Panasonic Corp stumbled 5.1%, Fanuc Corp
shed 3.6% and Tokyo Electron slumped 4.3%.
Selling accelerated in the afternoon when
US futures fell, pointing to another weaker
start on Wall Street later in the day.
In Asian afternoon trade, Dow e-minis
slipped 0.6%, S&P 500 e-minis dropped 0.8%,
and Nasdaq 100 e-minis declined 0.7%.
Shares of telecoms operator SoftBank
Corp remained volatile after tumbling 15%
on its debut the previous day. The slide
inflicted big losses on retail investors who
bought into the household name in Japan’s
biggest ever initial public offering.
SoftBank Corp shared ended a roller-
coaster session down 4.7%.
Takeda Pharmaceutical Co jumped 7%
after it announced the listing of American
depository shares on the New York Stock
Exchange later this month.
Takeda had sunk to a six-year low of ¥3,498
on Wednesday after a ratings downgrade by
Moody’s.
Taisho Pharmaceutical Holdings Co
climbed 2.4% following news that it offered to
buy French over-the-counter drugs business
UPSA for US$1.6 billion from Bristol-Myers
Squibb Co.
Yesterday, the Bank of Japan kept
monetary policy steady as expected, which
markets took in their stride. It stuck to its
optimistic view of the economy, even as
simmering Sino-US trade tensions and
volatile financial markets cloud the outlook
for global growth.
Shanghai Composite
Index points
5800
2,536.27
-13.30
(-0.52%)
4825
3850
3,087.842
2875
US — Wall Street tumbles as investors
fret over Fed policy update
NEW YORK: US stocks declined sharply on
Wednesday after the US Federal Reserve’s
(Fed) forecast of fewer interest-rate increases
in 2019 fell short of investors’ hopes of a
more dovish monetary policy.
The Dow Jones Industrial Average closed
at their lowest level since November 2017.
The Dow Transports plunged 3.2% to confirm
bear market territory, down nearly 21% from
their record high on Sept. 14.
The S&P 500 Index is now down 14.5%
from its record closing high on Sept 20. Of
its components, 298 have fallen 20% or more
from their 52-week highs. On the New York
Stock Exchange and the Nasdaq, more than
2,000 stocks hit 52-week lows on Wednesday.
Stocks initially seesawed after the Fed’s
Federal Open Market Committee released
its policy statement but accelerated losses
after Fed chairman Jerome Powell spoke at
a news conference.
Investors said Powell’s remarks that he
did not see the central bank changing its
policy of keeping its balance sheet run-off
on “autopilot” raised concerns of tightening
financial conditions placing further strain
on financial markets.
“Powell is steadfast in his commentary
today that he doesn’t see any tightening that
stems from the unwinding of the balance
sheet,” said Quincy Krosby, chief market
strategist at Prudential Financial in Newark,
Dow Jones
Index points
27500
23025
18550
10,403.79
14075 23,323.66
Markets 2 9
New Jersey. “The market message is we are
seeing tighter financial conditions and a
weaker path for growth.”
And while the Fed now expects two rate
hikes in 2019, down from three in its previous
economic forecasts in September, investors
said the slower pace was not enough to calm
concerns about the possible negative effects
of rising rates as economic growth slackens.
“The market is just kind of recognizing the
Fed is not throwing them a lifeline anytime
soon,” said Michael O’Rourke, chief market
strategist at JonesTrading in Greenwich,
Connecticut.
The Dow fell 1.49% to 23,323.66 points;
the S&P 500 lost 1.54% to 2,506.96; and the
Nasdaq Composite down 2.17% to 6,636.83.
All of the S&P 500’s major sectors fell.
Utilities , real estate and consumer staples
posted the smallest percentage declines. The
defensive sectors have risen as US stocks
have become more volatile in recent months.
With Wednesday’s losses, only utilities and
healthcare were in positive territory for the
year.
The members of the FAANG group of
momentum stocks, which helped lift the
Nasdaq on Tuesday, all registered losses.
Shares of Amazon.com Inc, Apple Inc and
Facebook Inc all fell more than 3%.
Facebook shares dropped 7.3%, their
biggest percentage decline since July. The
New York Times reported that the social media
giant allowed some companies far greater
access to data than disclosed. — Reuters
Euro STOXX 50 Index
Index points
3900
3415
2,772.70
2930
2445 3,051.38
(-1.34%) 

4,686.53 


3450 1900 9600 1960

Mar 1, 2010 Dec 20, 2018 Mar 1, 2010 Dec 20, 2018 Mar 1, 2010 Dec 19, 2018 Mar 1, 2010 Dec 19, 2018

Bursa Malaysia Equity Derivatives

Main Market & Ace Market Warrants YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE 0.310 0.130 0.195 0.190 710656 SUPERMX-C56 0.190 0.010 319 3.450 2.800 8.70 30/05/2019
0.250 0.120 0.145 0.140 710658 SUPERMX-C58 0.145 0.015 41.2 3.450 3.300 16.67 20/05/2019
0.830 0.300 0.480 0.450 7088WB POHUAT-WB 0.480 -0.010 8 1.470 1.000 0.68 21/10/2020 0.260 0.130 0.165 0.160 710659 SUPERMX-C59 0.165 0.015 49 3.450 3.000 10.87 30/08/2019
0.125 0.015 0.020 0.020 463427 POS-C27 0.020 0.005 420.9 1.570 3.000 97.45 30/09/2019 0.170 0.095 0.115 0.110 710660 SUPERMX-C60 0.115 0.010 883.7 3.450 3.800 26.81 25/06/2019
0.070 0.030 0.035 0.030 463429 POS-C29 0.030 -0.005 150 1.570 2.600 73.25 28/06/2019 0.085 0.070 0.085 0.085 710661 SUPERMX-C61 0.085 0.015 40 3.450 4.000 30.72 13/06/2019
0.045 0.040 0.045 0.045 463430 POS-C30 0.045 Unch 355 1.570 2.200 51.59 25/06/2019 0.105 0.010 0.015 0.015 7082WB SYF-WB 0.015 0.005 133.1 0.230 0.700 210.87 11/11/2019
0.600 0.320 0.330 0.320 7168WA PRG-WA 0.330 Unch 64.8 0.750 0.375 -6.00 06/07/2019 0.050 0.020 0.020 0.020 2429WB TANCO-WB 0.020 Unch 25.9 0.050 0.050 40.00 23/08/2021
0.295 0.105 0.125 0.105 8966WA PRLEXUS-WA 0.125 -0.035 20 0.570 1.200 132.46 14/06/2021 0.300 0.070 0.070 0.070 7200WA TEKSENG-WA 0.070 Unch 20 0.245 0.250 30.61 29/01/2020
0.180 0.045 0.060 0.045 0186WA PTRANS-WA 0.050 -0.010 9629.3 0.235 0.235 21.28 19/09/2020 0.165 0.005 0.005 0.005 534748 TENAGA-C48 0.005 -0.005 3614 3.180 15.880 400.94 18/02/2019
0.245 0.010 0.010 0.010 0007WB PUC-WB 0.010 Unch 2179 0.105 0.100 4.76 15/02/2019 0.190 0.075 0.075 0.075 534750 TENAGA-C50 0.075 -0.005 100 12.820 14.400 19.34 28/06/2019
0.595 0.160 0.160 0.160 7134WA PWF-WA 0.160 Unch 4 0.720 0.620 8.33 20/07/2021 0.140 0.055 0.060 0.060 534751 TENAGA-C51 0.060 -0.010 65 12.820 14.000 13.88 30/08/2019
0.550 0.210 0.245 0.245 7237WA PWROOT-WA 0.245 0.005 28.7 1.300 1.540 37.31 24/07/2023 0.360 0.100 0.210 0.205 7252WA TEOSENG-WA 0.205 -0.025 77 0.960 1.350 61.98 29/01/2020
0.165 0.050 0.060 0.055 7084CM QL-CM 0.060 0.010 70 6.160 7.700 30.84 28/06/2019 0.100 0.005 0.005 0.005 0145WA TFP-WA 0.005 Unch 14 0.095 0.100 10.53 15/02/2019
0.075 0.015 0.040 0.015 7498WB RALCO-WB 0.015 -0.055 10.2 0.270 1.000 275.93 13/12/2019 0.264 0.018 0.055 0.050 7889WB THRIVEN-WB 0.055 Unch 35.3 0.190 0.480 181.58 05/10/2020
0.135 0.055 0.060 0.055 5256WA REACH-WA 0.055 -0.005 1688 0.225 0.750 257.78 12/08/2022 0.120 0.005 0.020 0.020 7079WC TIGER-WC 0.020 0.005 13 0.090 0.320 277.78 11/02/2021
0.110 0.065 0.065 0.065 106611 RHBBANKC11 0.065 Unch 40 5.240 5.750 14.69 04/04/2019 0.105 0.065 0.090 0.090 486335 TM-C35 0.090 Unch 300 2.580 2.800 27.71 28/06/2019
0.180 0.055 0.060 0.060 8567WB SALCON-WB 0.060 -0.005 442.6 0.225 0.300 60.00 19/07/2025 0.180 0.120 0.160 0.160 486336 TM-C36 0.160 -0.005 192.5 2.580 2.200 13.18 28/06/2019
0.025 0.003 0.005 0.005 0133WD SANICHI-WD 0.005 Unch 50 0.060 0.220 275.00 21/07/2019 0.210 0.115 0.180 0.180 486337 TM-C37 0.180 Unch 400 2.580 2.150 4.26 30/09/2019
0.025 0.015 0.025 0.015 0133WE SANICHI-WE 0.020 Unch 12384.9 0.060 0.100 100.00 13/12/2021 0.205 0.030 0.040 0.030 0101WB TMCLIFE-WB 0.040 Unch 1163 0.730 0.750 8.22 21/06/2019
0.100 0.040 0.040 0.040 521873 SAPNRGC73 0.040 Unch 1850 0.290 0.400 58.62 31/05/2019 0.405 0.105 0.140 0.125 711333 TOPGLOV-C33 0.130 0.005 322 5.360 5.500 11.10 29/03/2019
0.055 0.040 0.040 0.040 521874 SAPNRGC74 0.040 Unch 0.4 0.290 0.400 58.62 28/06/2019 0.275 0.070 0.075 0.070 711335 TOPGLOV-C35 0.070 -0.005 168.4 5.360 6.100 19.03 30/01/2019
0.400 0.070 0.070 0.070 7247WA SCGM-WA 0.070 -0.010 41 1.110 3.960 263.06 31/07/2020 0.165 0.080 0.080 0.080 711337 TOPGLOV-C37 0.080 -0.005 100 5.360 5.500 13.81 28/02/2019
0.125 0.010 0.015 0.015 7158WB SCOMI-WB 0.015 0.005 1522.3 0.045 0.210 400.00 18/02/2023 0.235 0.080 0.095 0.080 711338 TOPGLOV-C38 0.085 -0.005 442.4 5.360 6.150 21.08 18/02/2019
0.260 0.020 0.025 0.025 7073WC SEACERA-WC 0.025 Unch 171 0.170 1.000 502.94 21/01/2021 0.240 0.050 0.055 0.050 711339 TOPGLOV-C39 0.055 Unch 3559.2 5.360 6.440 27.33 28/02/2019
0.265 0.120 0.120 0.120 5279CM SERBADK-CM 0.120 -0.015 0.4 3.660 3.500 10.38 18/02/2019 0.180 0.085 0.090 0.085 711341 TOPGLOV-C41 0.090 0.005 85.2 5.360 6.000 20.34 28/06/2019
0.175 0.065 0.065 0.065 5279CN SERBADK-CN 0.065 Unch 428.4 3.660 4.500 30.94 29/03/2019 0.245 0.120 0.135 0.120 711342 TOPGLOV-C42 0.130 Unch 1527.7 5.360 5.800 21.55 31/05/2019
0.140 0.045 0.045 0.045 5279CO SERBADK-CO 0.045 -0.005 240 3.660 4.050 16.80 15/03/2019 0.275 0.145 0.155 0.145 711343 TOPGLOV-C43 0.145 -0.010 852 5.360 5.880 23.23 17/06/2019
0.100 0.095 0.095 0.095 5279CP SERBADK-CP 0.095 -0.005 200.4 3.660 4.500 35.93 28/06/2019 0.145 0.110 0.120 0.110 711344 TOPGLOV-C44 0.110 Unch 2205 5.360 6.600 34.42 31/07/2019
0.350 0.170 0.290 0.230 7180WA SERNKOU-WA 0.290 0.060 30 0.525 0.400 31.43 20/03/2023 0.260 0.110 0.135 0.125 7173WB TOYOINK-WB 0.135 Unch 1891 0.685 1.500 138.69 06/11/2023
0.205 0.050 0.090 0.060 7246WA SIGN-WA 0.060 0.010 526.4 0.390 0.970 164.10 21/04/2021 0.270 0.110 0.225 0.200 458812 UMW-C12 0.210 -0.015 1897.1 5.470 4.600 7.13 30/05/2019
0.125 0.020 0.040 0.040 419727 SIME-C27 0.040 -0.005 0.4 2.260 2.600 19.47 31/05/2019 0.225 0.145 0.190 0.185 458814 UMW-C14 0.185 Unch 0.4 5.470 4.880 9.51 17/06/2019
0.095 0.050 0.060 0.050 419729 SIME-C29 0.055 -0.010 2030 2.260 3.000 38.83 28/06/2019 0.250 0.155 0.205 0.200 458815 UMW-C15 0.200 -0.015 80 5.470 4.800 9.69 28/06/2019
0.250 0.060 0.060 0.060 5213WB SNTORIA-WB 0.060 -0.010 2 0.450 0.600 46.67 09/01/2025 0.140 0.115 0.135 0.130 458816 UMW-C16 0.130 -0.010 4280 5.470 5.800 20.29 25/06/2019
0.200 0.075 0.095 0.075 5242WA SOLID-WA 0.090 Unch 124.8 0.310 0.210 -3.23 16/12/2020 0.105 0.015 0.035 0.035 4588C9 UMW-C9 0.035 Unch 373.1 5.470 6.500 23.95 26/03/2019
0.165 0.100 0.150 0.140 866411 SPSETIA-C11 0.145 -0.005 1472.4 2.340 2.300 16.88 25/06/2019 0.150 0.125 0.140 0.135 500515 UNISEM-C15 0.135 0.010 0.4 3.140 3.300 26.59 17/06/2019
0.195 0.100 0.100 0.100 0080WA STRAITS-WA 0.100 Unch 543 0.220 0.115 -2.27 10/08/2022 0.210 0.120 0.180 0.170 5005C9 UNISEM-C9 0.175 -0.005 95.2 3.140 2.400 1.51 30/01/2019
0.115 0.005 0.005 0.005 1201WA SUMATEC-WA 0.005 -0.005 444 0.010 0.320 3,150 03/03/2021 0.050 0.005 0.005 0.005 524324 VELESTO-C24 0.005 -0.025 200 0.175 0.335 95.71 26/03/2019
0.640 0.215 0.230 0.215 5211WB SUNWAY-WB 0.225 -0.005 1203.7 1.400 1.790 43.93 03/10/2024 0.260 0.050 0.060 0.050 5243WA VELESTO-WA 0.060 Unch 1195.8 0.175 0.395 160.00 18/10/2024
0.155 0.030 0.035 0.030 0148WB SUNZEN-WB 0.035 Unch 36.3 0.160 0.250 78.13 25/02/2021 0.355 0.100 0.150 0.150 0120WB VIS-WB 0.150 -0.010 67.5 0.395 0.750 127.85 16/11/2022
0.840 0.040 0.215 0.195 710640 SUPERMX-C40 0.195 0.020 336.7 3.450 3.000 -1.74 31/12/2018 0.015 0.005 0.005 0.005 0069WE VIVOCOM-WE 0.005 Unch 1166.6 0.020 0.050 175.00 22/08/2023
0.480 0.075 0.165 0.155 710642 SUPERMX-C42 0.165 0.015 70.2 3.450 2.880 2.61 31/01/2019 0.165 0.005 0.005 0.005 6963C5 VS-C5 0.005 Unch 50 0.695 1.600 132.37 29/03/2019
0.295 0.015 0.015 0.015 710646 SUPERMX-C46 0.015 -0.010 170 3.450 4.880 42.97 31/01/2019 0.040 0.005 0.005 0.005 6963C7 VS-C7 0.005 Unch 200 0.695 2.000 190.29 20/05/2019
0.175 0.015 0.020 0.015 710647 SUPERMX-C47 0.020 0.005 622.6 3.450 4.600 37.10 27/02/2019 0.320 0.045 0.060 0.045 9679WE WCT-WE 0.055 Unch 1697.6 0.675 2.080 216.30 27/08/2020
0.185 0.015 0.030 0.020 710648 SUPERMX-C48 0.030 0.005 450.2 3.450 4.500 34.78 30/04/2019 0.180 0.085 0.095 0.085 0162WA WIDAD-WA 0.090 Unch 533.1 0.240 0.350 83.33 05/08/2023
0.090 0.010 0.020 0.015 710651 SUPERMX-C51 0.020 Unch 683 3.450 4.450 32.46 15/03/2019 0.150 0.115 0.120 0.115 5246CY WPRTS-CY 0.120 -0.010 90.2 3.600 3.350 6.39 30/08/2019
0.220 0.065 0.120 0.105 710652 SUPERMX-C52 0.120 0.005 1891.7 3.450 3.300 13.04 29/03/2019 0.431 0.070 0.075 0.070 7245WA WZSATU-WA 0.070 -0.025 60 0.190 0.380 136.84 28/10/2024
0.120 0.030 0.050 0.040 710653 SUPERMX-C53 0.050 0.010 881.9 3.450 4.200 28.99 29/03/2019 1.220 0.135 0.170 0.155 7066WA YONGTAI-WA 0.160 Unch 197.6 0.320 0.500 106.25 24/06/2020
0.225 0.065 0.135 0.125 710655 SUPERMX-C55 0.125 0.010 77.8 3.450 3.500 15.94 31/07/2019
Please refer to the Bursa Malaysia website for the prices of loan stocks, bonds and overseas structure warrants
3 0 Markets FR I DAY DEC EM B ER 2 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 December 19, 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. Retail inventory piles up, US-China trade deficit widens
COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION US retail inventory grew at a faster pace this year between January and October, according
(DISPOSED) SHAREHOLDER AFTER CHANGE DATE
ANCOM LOGISTICS (300,000) DATO’ SIEW KA WEI 214,644,863 14/12
to surveys collected by the US Census Bureau. In that same period, the politically
BERMAZ AUTO (200,000) KUMPULAN WANG PERSARAAN 58,641,320 18/12 sensitive trade deficit between China and the US has widened, hitting a record US$43.1
(DIPERBADANKAN) billion in October.
BOUSTEAD HOLDINGS 139,900 EMPLOYEES PROVIDENT FUND BOARD 103,489,748 14/12
D&O GREEN TECHNOLOGIES 1,400,000 KUMPULAN WANG PERSARAAN 59,677,300 18/12
(DIPERBADANKAN)
DIALOG GROUP (16,717,200) KUMPULAN WANG PERSARAAN 320,395,233 18/12
(DIPERBADANKAN)
DIALOG GROUP 8,159,000 EMPLOYEES PROVIDENT FUND BOARD 472,887,116 14/12
DIGI.COM (1,201,800) EMPLOYEES PROVIDENT FUND BOARD 1,149,859,850 14/12
ECO WORLD DEVELOPMENT 138,800 EMPLOYEES PROVIDENT FUND BOARD 164,701,610 14/12
GROUP
EKOVEST 520,000 LIM SEONG HAI HOLDINGS 154,799,300 18/12
FGV HOLDINGS 1,000,000 KOPERASI PERMODALAN FELDA 190,766,608 14/12
MALAYSIA
GADANG HOLDINGS 213,600 TAN SRI DATO’ KOK ONN 181,024,753 17 & 18/12
GAMUDA 419,000 EMPLOYEES PROVIDENT FUND BOARD 282,792,205 14/12
GLOBETRONICS TECHNOLOGY 129,800 EMPLOYEES PROVIDENT FUND BOARD 80,544,429 14/12
HARTALEGA HOLDINGS 2,000,000 EMPLOYEES PROVIDENT FUND BOARD 212,219,600 14/12
HONG LEONG BANK 172,300 EMPLOYEES PROVIDENT FUND BOARD 262,570,821 14/12
HOVID 1,067,010 FAJAR ASTORIA 469,002,150 17/12
IHH HEALTHCARE 733,600 EMPLOYEES PROVIDENT FUND BOARD 742,952,200 14/12
INARI AMERTRON 405,351 EMPLOYEES PROVIDENT FUND BOARD 219,038,949 14/12 Yemen famine fears
IOI PROPERTIES GROUP 864,500 EMPLOYEES PROVIDENT FUND BOARD 371,165,532 14/12
KPJ HEALTHCARE (201,500) EMPLOYEES PROVIDENT FUND BOARD 415,110,480 14/12 Hodeidah is an entry point of 70% of the impoverished country’s food imports and
KUALA LUMPUR KEPONG (669,800) EMPLOYEES PROVIDENT FUND BOARD 128,367,088 14/12 relief supplies. The United Nations has warned that any distruption to port risks triggering
MAXIS 729,100 EMPLOYEES PROVIDENT FUND BOARD 903,095,214 14/12 a famine.
MEDA INC. (200,000) DATO TIONG KWING HEE 81,307,500 18/12
MITRAJAYA HOLDINGS (261,100) EMPLOYEES PROVIDENT FUND BOARD 45,794,920 14/12
MY E.G.SERVICES (8,041,400) EMPLOYEES PROVIDENT FUND BOARD 179,996,400 13 & 14/12
PETRONAS CHEMICALS GROUP 6,918,000 EMPLOYEES PROVIDENT FUND BOARD 672,500,700 14/12
POS MALAYSIA (712,880) EMPLOYEES PROVIDENT FUND BOARD 78,942,149 14/12
PRESTARIANG 77,196,400 MAYBANK TRUSTEES ARECA DYNAMIC 77,196,400 14/12
GROWTH FUND
PUBLIC BANK 1,456,500 EMPLOYEES PROVIDENT FUND BOARD 479,978,596 14/12
QL RESOURCES 2,165,700 EMPLOYEES PROVIDENT FUND BOARD 94,118,460 14/12
SCICOM (MSC) 441,100 EMPLOYEES PROVIDENT FUND BOARD 22,093,800 14/12
SIME DARBY 4,184,400 EMPLOYEES PROVIDENT FUND BOARD 668,180,875 12 - 14/12
SIME DARBY 705,700 AMANAHRAYA TRUSTEE 2,657,870,400 14 & 17/12
- AMANAH SAHAM BUMIPUTERA
SIME DARBY 240,400 KUMPULAN WANG PERSARAAN 423,013,649 14, 17
(DIPERBADANKAN) & 18/12
SUNWAY 162,300 EMPLOYEES PROVIDENT FUND BOARD 346,480,970 14/12
SUNWAY REAL ESTATE 270,000 EMPLOYEES PROVIDENT FUND BOARD 432,018,400 14/12
INVESTMENT TRUST
TA ENTERPRISE 1,217,400 DATUK TIAH THEE KIAN 682,025,600 14, 17
& 18/12
TADMAX RESOURCES (16,000,000) DATUK SERI ANUAR ADAM 43,451,846 17/12
TELEKOM MALAYSIA 539,000 EMPLOYEES PROVIDENT FUND BOARD 606,398,877 14/12 Stocks closest to year high Stocks closest to year low
TENAGA NASIONAL 1,140,800 AMANAHRAYA TRUSTEE 512,341,800 14/12
STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
- AMANAH SAHAM BUMIPUTERA (RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)
TENAGA NASIONAL 1,260,300 EMPLOYEES PROVIDENT FUND BOARD 721,225,000 13 & 14/12 SPB 5.710 5.630 5.700 76 MITRA 0.250 0.230 0.230 7362.1
TOP GLOVE CORPORATION 2,293,000 EMPLOYEES PROVIDENT FUND BOARD 164,360,522 14/12 DIALOG-C41 0.110 0.110 0.110 1200 MELEWAR-WB 0.030 0.030 0.030 50
UMW HOLDINGS 603,900 EMPLOYEES PROVIDENT FUND BOARD 127,855,568 14/12 A50CHIN-H27 0.455 0.415 0.445 6718.4 DBHD 0.255 0.230 0.230 472.4
V.S. INDUSTRY 1,000,000 DATUK GAN SEM YAM 106,948,674 19/12 SP500-HG 0.975 0.975 0.975 1.5 HUMEIND 0.500 0.490 0.490 275
YTL CORPORATION 700,000 EMPLOYEES PROVIDENT FUND BOARD 658,217,793 14/12 SP500-HF 0.875 0.790 0.860 88.1 WPRTS-CY 0.120 0.115 0.120 90.2
While every effort is made to ensure accuracy, the information presented is not an exhaustive list and is not an official record of shareholder FBMKLCI-H6P 0.190 0.130 0.135 140.3 TDM 0.160 0.145 0.150 1948.8
filings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the official filings filed with BAT-CN 0.210 0.210 0.210 500 ALAM 0.070 0.060 0.065 1337.9
Bursa Malaysia. Note: * denotes Ace Market
AIRPORT-C5 0.145 0.125 0.125 31 APPASIA-WA 0.040 0.040 0.040 10
DAIMAN 3.010 3.000 3.000 88.6 HSI-C5D 0.240 0.220 0.220 85.6
GENM-C46 0.140 0.125 0.130 14183.5 MCEHLDG 0.550 0.470 0.470 62.7
Local events to watch out for today AIRPORT-C6 0.205 0.170 0.175 2067 CEPCO 1.260 1.160 1.160 30
GENM-C47 0.140 0.120 0.130 14851.5 HIAPTEK-LA 0.290 0.285 0.285 25
GENM-C45 0.145 0.130 0.135 415.7 MHB 0.510 0.495 0.495 152.4
• Multi-Usage Holdings Bhd’s annual general Kelab Golf, off Jalan Tun Razak, Kuala FGV-C62 0.040 0.035 0.035 375 DIALOG-C41 0.110 0.110 0.110 1200
meeting (AGM) at Avani Sepang Goldcoast Lumpur at 9.30am. SUPERMX-C61 0.085 0.085 0.085 40 HSI-C3Q 0.050 0.035 0.040 4987
Resort, Palm Ballroom 2, Jalan Pantai Bagan • Daiman Development Bhd’s AGM at GENM-C44 0.075 0.065 0.075 1511.2 SMI 0.150 0.140 0.140 12.5
Lalang, Kampung Bagan Lalang, Sungai Pe- Double Tree by Hilton Johor Baru, Jun- AIRPORT-C7 0.165 0.165 0.165 30 MTDACPI 0.125 0.120 0.120 25
lek, Selangor at 9 am. ior Ballroom 1, Level 11, Jalan Ngee JAKS-WB 0.230 0.150 0.210 5383.4 SUPERMX-C46 0.015 0.015 0.015 170

• Kumpulan Powernet Bhd’s AGM at The Roy-
al Selangor Golf Club, Heritage Room, Jalan
Heng, Johor Baru, Johor at 11am. This table shows stocks that are trading near their year high. This
could suggest a build-up in buying momentum, or the possibility that
profit-taking activities could set in later.
This table shows stocks that are trading near their year low. This
could suggest a build-up in selling momentum, or the possibility that
bargain hunting could set in later.

Foreign exchange rates

NZ EURO US SWISS BRITCANADA BRUNEI S’PORE AUS M’SIA CHINA BANGL’HDENMARK UAE INDON INDIA JAPANNORWAY PHIL QATAR SAUDI SWEDEN THAI HK
NZ $ 0.592 0.679 0.670 0.534 0.914 0.928 0.928 0.950 2.8374 4.674 56.938 4.418 2.493 9,819 47.294 75.801 5.853 36.024 2.471 2.546 6.068 22.170 5.313
EURO 1.689 1.147 1.132 0.903 1.544 1.568 1.568 1.604 4.7936 7.896 96.193 7.465 4.212 16,589 79.900 128.062 9.888 60.860 4.174 4.302 10.251 37.454 8.976
US $ 1.473 0.872 0.988 0.787 1.346 1.367 1.367 1.399 4.1800 6.885 83.880 6.509 3.673 14,465 69.672 111.669 8.622 53.070 3.640 3.751 8.939 32.660 7.827
SWISS FR 1.492 0.883 1.013 0.797 1.363 1.384 1.384 1.416 4.2329 6.972 84.942 6.591 3.719 14,648 70.554 113.082 8.731 53.742 3.686 3.799 9.052 33.073 7.926
STERLING £ 1.871 1.108 1.270 1.254 1.710 1.736 1.736 1.777 5.3090 8.745 106.536 8.267 4.665 18,372 88.491 141.831 10.951 67.404 4.623 4.764 11.354 41.481 9.941
CANADA $ 1.094 0.648 0.743 0.734 0.585 1.016 1.016 1.039 3.1055 5.115 62.318 4.836 2.729 10,747 51.763 82.964 6.406 39.428 2.704 2.787 6.641 24.265 5.815
BRUNEI $ 1.078 0.638 0.732 0.722 0.576 0.985 1.000 1.023 3.0578 5.037 61.361 4.762 2.687 10,582 50.968 81.689 6.307 38.822 2.663 2.744 6.539 23.892 5.725
SINGAPORE $ 1.078 0.638 0.732 0.722 0.576 0.985 1.000 1.023 3.0578 5.037 61.361 4.762 2.687 10,582 50.968 81.689 6.307 38.822 2.663 2.744 6.539 23.892 5.725
AUSTRALIA $ 1.053 0.623 0.715 0.706 0.563 0.962 0.977 0.977 2.9883 4.922 59.966 4.653 2.626 10,341 49.809 79.833 6.164 37.940 2.602 2.682 6.391 23.349 5.595
MALAYSIA RM 0.352 0.209 0.239 0.236 0.188 0.322 0.327 0.327 0.335 1.0000 1.647 20.067 1.557 0.879 3,461 16.668 26.715 2.063 12.696 0.871 0.897 2.139 7.813 1.872
100 CHINESE RMB 21.397 12.665 14.524 14.343 11.435 19.550 19.854 19.854 20.316 60.7110 1,218 94.539 53.344 210,094 1,011.934 1,622 125.229 770.796 52.868 54.483 129.835 474.360 113.676
100 BANGLAD’H TAKA 1.756 1.040 1.192 1.177 0.939 1.605 1.630 1.630 1.668 4.9833 8.208 7.760 4.379 17,245 83.062 133.130 10.279 63.269 4.340 4.472 10.657 38.937 9.331
100 DANISH KRONER 22.633 13.397 15.363 15.171 12.096 20.679 21.001 21.001 21.490 64.2180 105.78 1,289 56.426 222,231 1,070.39 1,716 132.46 815.32 55.92 57.63 137.34 501.76 120.24
100 UAE DIRHAM 40.111 23.742 27.227 26.887 21.437 36.648 37.219 37.219 38.085 113.8096 187.46 2,284 177.22 393,846 1,897 3,040 234.76 1,445 99.11 102.13 243.39 889.24 213.10
1000 INA RUPIAH 0.010 0.006 0.007 0.007 0.005 0.009 0.009 0.009 0.010 0.0289 0.048 0.580 0.045 0.025 0.482 0.772 0.060 0.367 0.025 0.026 0.062 0.226 0.054
100 INDIA RUPEE 2.114 1.252 1.435 1.417 1.130 1.932 1.962 1.962 2.008 5.9995 9.882 120.392 9.342 5.272 20,762 160.277 12.375 76.171 5.224 5.384 12.830 46.877 11.234
100 JAPAN YEN 1.319 0.781 0.896 0.884 0.705 1.205 1.224 1.224 1.253 3.7432 6.166 75.115 5.829 3.289 12,954 62.392 7.721 47.524 3.260 3.359 8.005 29.247 7.009
100 NORWEGIAN KRONER 17.086 10.113 11.598 11.453 9.132 15.611 15.855 15.855 16.223 48.4800 79.854 973 75.493 42.597 167,768 808.067 1,295 615.510 42.217 43.507 103.678 378.794 90.775
100 PHILIPPINE PESO 2.776 1.643 1.884 1.861 1.484 2.536 2.576 2.576 2.636 7.8764 12.974 158.056 12.265 6.921 27,257 131.284 210.419 16.247 6.859 7.068 16.844 61.542 14.748
100 QATAR RIYAL 40.472 23.956 27.473 27.129 21.630 36.978 37.555 37.555 38.428 114.8352 189.151 2,304 178.821 100.901 397,395 1,914 3,068 236.871 1,458 103.055 245.584 897.255 215.019
100 SAUDI RIYAL 39.272 23.246 26.658 26.325 20.989 35.882 36.442 36.442 37.289 111.4310 183.543 2,236 173.520 97.910 385,614 1,857 2,977 229.849 1,415 97.036 238.304 870.657 208.645
100 SWEDISH KRONOR 16.480 9.755 11.187 11.047 8.808 15.057 15.292 15.292 15.648 46.7600 77.021 938.333 72.814 41.086 161,816 779.398 1,249 96.452 593.672 40.719 41.963 365.355 87.554
100 THAI BAHT 4.511 2.670 3.062 3.024 2.411 4.121 4.186 4.186 4.283 12.7985 21.081 256.827 19.930 11.246 44,290 213.326 341.913 26.400 162.492 11.145 11.486 27.371 23.964
100 HK$ 18.822 11.141 12.777 12.617 10.060 17.198 17.466 17.466 17.872 53.4069 87.969 1,071.716 83.165 46.927 184,818 890.189 1,427 110.163 678.062 46.507 47.928 114.215 417.290
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.
FRIDAY DECEMBE R 21 , 20 1 8 • THEED 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 0QFO
*OUFSFTU Index points USD Index Implied interest rate (%)
105.0
18.00
1980 1,649.50 90000 1.50 4.5
(-5.00) (+1.00) 3.78
(Unch)
1785 4.75 96.5
68000
3.5

1590 46000 -8.50 88.0

96.266
(-0.769) 2.5
1395 24000 -21.75 79.5

1200 2000 -35.00 71.0 1.5

Jan 4, 2010 Dec 20, 2018 Jan 4, 2010 Dec 20, 2018 Oct 2, 2006 Dec 20, 2018 Oct 1, 2000 Dec 20, 2018

KLCI futures contracts FBM KLCI futures US dollar drops to one-month Klibor
close lower INDEX AND FUTURES
CONTRACT LAST CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
low on US growth concerns MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures contract on Bursa FBMKLCI 1,650.56 -5.10 203.8M The US dollar fell to a one-month low MAR9 96.22 — — —
JUN9 96.22 — — —
Malaysia Derivatives closed lower yesterday DEC 18 1,649.50 -5.00 7,909 28,521 -512 yesterday on growing concerns that US SEP9 96.22 — — —
in line with the bearish performance of the JAN 19 1,650.50 -4.50 861 2,194 336
policymakers may be raising interest rates DEC9 96.22 — — —
MAR 19 1,647.00 -5.00 59 464 -20
underlying cash market. JUN 19 1,642.00 -2.00 47 207 -2
just as the world’s biggest economy faces a MAR0 96.22 — — —
December 2018 and March 2019 fell five TOTAL slowdown. JUN0 96.22 — — —
8,876 31,386 -198
SEP0 96.22 — — —
points each to 1,649.5 and 1,647 respectively; While the US Federal Reserve (Fed) raised DEC0 96.22 — — —
January 2019 declined 4.5 points to 1,650.5 FUTURES
DEC/JAN
ROLL OVER BID
1.5
OFFER
1.0
CLOSE
1.5
interest rates for the fourth time in a year and MAR1 96.22 — — —
and June 2019 was two points easier at 1,642. officials signalled they may hike three more JUN1 96.22 — — —
Turnover rose to 8,876 lots from 7,720 lots FUTURES FAIR VALUE times by early 2020, bond markets marked SEP1 96.22 — — —
DEC1 96.22 — — —
on Wednesday and open interest widened CONTRACT DEC 18
DAYS TO EXPIRY
12
KLIBOR DIVIDEND FAIR VALUE
1.71 1.75 -0.04
increased expectations the US economy MAR2 96.22 — — —
to 31,083 contracts from 30,451 contracts. JAN 19 43 6.53 1.91 4.62 may be running out of steam. JUN2 96.22 — — —
The underlying benchmark KLCI ended ROLL’S FAIR 4.66 The US bond yield curve — a widely SEP2 96.22 — — —
5.1 points lower at 1,650.56. considered indicator of future recessions — DEC2 96.22 — — —
MAR3 96.22 — — —
Southeast Asian stock markets ended flattened to 10 basis points and just a shade
JUN3 96.22 — — —
lower yesterday with Indonesia falling the above a 11-year low set earlier this month SEP3 96.22 — — —
most, after the US Federal Reserve raised key with an inversion widely considered as a JAN-00 — — — —
interest rate and retained plans for continued harbinger of recession. JAN-00 — — — —
hikes next year, crushing investor hopes for Around the region, MSCI’s Asia ex-Japan The US dollar fell 0.8% against its rivals to JAN-00 — — — —
TOTAL 0 0
a more dovish outlook. stock index was weaker by 1.02%. — Agencies 96.266, its lowest level in a month. — 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$/troy oz
CPO RM/tonne 0QFO
*OUFSFTU CPO RM/tonne Soyoil US$/Ibs US$/bbl
1980
4200 200000 6400 0.700 155.00

3450 2,183 152500 5075 0.2899 0.525 121.25

1660 1,255.90
(RM2,669/tonne) (+3.30)
(-15)
46.70
(-1.47) 1340
2700 105000 3750 0.350 87.50

1950 53.75 1020

57500 2425 0.175
2,183
1200 (-15) 700
10000 20.00
1100 0.000
Jan 6, 2008 Dec 20, 2018 Apr 10, 2007 Dec 20, 2018 Aug 31, 2008 Dec 20, 2018
Jan 6, 2008 Dec 20, 2018

Palm oil edges down over CPO futures Oil slumps 4% to lowest in a Commodities

1% on weaker soyoil CONTRACT

JAN-19
LAST
2,133
CHANGE
-6
VOLUME
840
OPEN CHANGE IN
INTEREST OPEN INTEREST
9,118 -1,243
year as stock markets sink AGRICULTURE
CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
2,183 -15
RUBBER SEN/KG MRB 528.00 6.00
FEB-19 2,165 -11 5,001 35,432 -4,914
Malaysian palm oil futures dropped from an Oil prices fell more than 4% yesterday, hitting CORN USC/BSH CBOT 382.50 0.75
MAR-19 2,183 -15 19,016 67,732 -2,628
SOYBEANS USC/BSH CBOT 902.00 2.00
eight-week high yesterday, falling as much APR-19 2,219 -10 5,878 50,729 637 their lowest in more than a year on worries
WHEAT USC/BSH CBOT 526.50 4.00
as 1.4% in the second half of trade, weighed MAY-19 2,235 -5 3,886 34,457 -524 about oversupply and the outlook for energy LIVE CATTLE USC/IBS CME 122.18 -0.08
down by weaker soyoil on the US Chicago CPO FUTURES CPO/SOYOIL demand as a US interest rate rise knocked COCOA US$/TON NYBOT 2,283 -44
Board of Trade (CBoT) and profit taking. INDICATIVE ROLL-OVER FUTURES BASIS (USD) stock markets. COFFEE USC/IBS NYBOT 104.40 0.40
JAN/FEB -32 CURRENT -74.29
The benchmark palm oil contract for JAN/MAR -50 3 MONTHS AVERAGE -72.71
Equities dropped worldwide after the US SUGAR USC/IBS NYBOT 12.50 -0.04
March delivery on Bursa Malaysia Derivatives JAN/APR Federal Reserve raised rates and maintained COTTON USC/IBS NYC 79.30 0.17
-86 6 MONTHS AVERAGE -85.37
was down 0.7% to RM2,183 a tonne at the FEB/MAR -18 most of its guidance for additional hikes over METAL & PRECIOUS METALS
TIN US$/TON KLTM 19,300 70
close of trade. It earlier rose to RM2,200 SGS & ITS EXPORT ESTIMATES (TONNES) the next two years, dashing investor hopes COPPER USC/IBS CMX 2.6995 -0.0200
a tonne, matching the previous sessions’ SHIPMENT DAYS OCT’18 NOV’18 DEC’18 for a more dovish policy outlook. GOLD US$/TROY OZ CMX 1,255.90 3.30
intraday high, its best since Oct 24. 1 - 10TH DAYS 352/308 352/307 312/299 US crude fell by 4.9% to a low of US$45.82, PLATINUM US$/TROY OZ NYMEX 794.40 -1.60
“The market is down tracking soyoil and 1 - 15TH DAYS 552/539 552/549 600/524
before recovering some ground to around PALLADIUM US$/TROY OZ NYMEX 1,200.80 -0.50
profit taking,” said a Kuala Lumpur-based 11 -- 20TH DAYS
25TH DAYS
912/891
1,085/1,096
823/793
1,074/1,040
879/847
—/—
US$46.70. Brent oil lost 4.5% to US$54.64 a SILVER USC/TROY OZ CMX 14.73 0.01
trader, referring to CBoT soyoil. barrel, its lowest since September 2017, and ALUMINIUM RMB/TON SHF 13,730 -15
FULL MONTH 1,428/1,394 1,241/1,250 —/—
ZINC RMB/TON SHF 20,715 35
Palm oil prices are impacted by changes MALAYSIAN PALM OIL BOARD last traded around US$55.52, down US$1.72.
in soyoil prices, as they compete for a share AUG’18 SEP’18 OCT’18 NOV’18 Both major oil futures contracts rallied ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 46.70 -1.47
in the global vegetable oil market. PRODUCTION 1,622 1,854 1,965 1,845 sharply on Wednesday but are now at or close HEATING OIL USC/GAL NYMEX 1.7573 -0.0394
US soybean prices hit a three-week low EXPORT
STOCKS
1,100
2,489
1,619
2,541
1,571
2,722
1,375
3,007
to their lowest levels for over 15 months, more NATURAL GAS US$/MMBTU NYMEX 3.753 0.100
yesterday, with investors disappointed by than 30% below multi-year highs reached at BRENT CRUDE US$/BBL ICE 55.52 -1.72
MPOB palm oil physical
the strength of Chinese demand for North the beginning of October. — Reuters GAS OIL US$/TON ICE 524.25 -14.50
American supplies amid a truce in a trade (IN RM/TON) DEC’18 JAN’19 FEB’19
CPO DELD 1,987 NO TRADE NO TRADE Centrifuged Latex
war between the two nations. PK EX-MILL 1,480 NO TRADE NO TRADE Rubber - M’sia SMR 20
Soybean and soyoil prices were up CPKO DELD NO TRADE NO TRADE NO TRADE Sen/Kg
Sen/Kg
earlier after Chinese importers booked US RBD P.OIL FOB NO TRADE NO TRADE NO TRADE 1100 1900
soybean shipments in the second wave of RBD P.OLEIN FOB NO TRADE NO TRADE NO TRADE
purchases since striking a trade war truce RBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE 900 381.00 1475 528.00
(+1.50)
with Washington earlier this month. MPOB FFB REF PRICE (MILL GATE PRICE) 

The CBoT January soybean oil contract REGION GRADE A GRADE B GRADE C 700 1050
OER (RM/TON) OER(RM/TON) OER (RM/TON)
was last down 0.1%, while the January NORTH 20.00% 386 19.00% 368 18.00% 350
soybean oil contract on the China’s Dalian SOUTH 20.00% 394 19.00% 375 18.00% 357
500 625
Commodity Exchange (DCE) gained 1%. In CENTRAL 20.00% 393 19.00% 374 18.00% 356
other related oils, the DCE January palm oil EAST COAST 20.00% 389 19.00% 371 18.00% 353 300 200
SABAH 22.00% 376 21.00% 359 20.00% 342 Jan 7, 2007 Dec 20, 2018 Jan 7, 2007 Dec 20, 2018
contract rose 1.6%. — Reuters SARAWAK 22.00% 380 21.00% 363 20.00% 346
 Markets
32 FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S 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 1,650.56 5.10 FBM ACE 4,191.66 55.41 FTSTI 3,050.62 8.03 NIKKEI 20,392.58 595.34 HANG SENG 25,623.53 241.86 DOW JONES 23,323.66 351.98

The best time to make friends is before Market movers

you need them. — Ethel Barrymore
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 SUMATEC 127,973.7 -0.005 -33.33 0.010 — 0.00
('000) (%) (RM) (RM) (RM) (RM) ARMADA 126,943.4 UNCH UNCH 0.150 — 1.07
Index point
1653.0 SUMATEC 127,974 -33.33 -0.005 0.010 0.015 0.005 VS 71,639.7 -0.015 -2.11 0.695 8.15 5.49
1,650.56
1650.9 (-5.10) HSI-H4O 46,388 15.15 0.050 0.380 0.395 0.325 SAPNRG 61,167.7 -0.005 -1.69 0.290 — 2.44
1648.8 ,-
$PNQPTJUF
*OEFY ATURMJU-PR 38,829 0.00 0.000 0.005 0.015 0.005 GENM 51,098.1 0.020 0.65 3.080 — 3.59
1646.7 BJCORP 35,188 1.82 0.005 0.280 0.290 0.275 HSI-H4O 46,387.7 -0.010 -2.56 0.380 — 0.00
1644.6 HSI-C3X 34,139 -11.70 -0.055 0.415 0.450 0.410 SANICHI 45,811.5 -0.005 -7.69 0.060 — 0.00
1,649.50 MRCB 21,183 2.56 0.015 0.600 0.630 0.590 PRESBHD 41,933.8 0.030 9.38 0.350 31.68 5.31
1642.5 (-5.00)
,-$*
GVUVSFT HSI-H4W 20,974 11.43 0.040 0.390 0.400 0.350 HUBLINE 41,767.9 UNCH UNCH 0.040 9.52 0.00
1640.4
HSI-H4V 20,084 12.12 0.020 0.185 0.190 0.165 PWORTH 39,608.2 0.005 9.09 0.060 0.09 0.00
1638.3 GENM-C47 14,852 4.00 0.005 0.130 0.140 0.120 ATURMJU-PR 38,829.1 UNCH UNCH 0.005 — 0.00
1636.2 OCK 14,409 6.98 0.030 0.460 0.470 0.430 BJCORP 35,188.4 0.005 1.82 0.280 — 0.00
1634.1 GENM-C46 14,184 4.00 0.005 0.130 0.140 0.125 HSI-C3X 34,139.4 0.005 1.22 0.415 — 0.00
1632.0 HSI-C3W 13,578 -10.42 -0.025 0.215 0.230 0.210 MYEG 25,048.5 -0.025 -2.96 0.820 40.24 2.01
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15
OCK-WA 13,571 0.00 0.000 0.110 0.120 0.105 HIBISCS 21,913.7 0.020 2.53 0.810 4.27 0.00
SANICHI-WE 12,385 0.00 0.000 0.020 0.025 0.015 MRCB 21,182.9 0.015 2.56 0.600 10.58 2.99
Daily FBM KLCI BJLAND 12,153 16.67 0.030 0.210 0.245 0.205 HSI-H4W 20,973.6 -0.010 -2.50 0.390 — 0.00
XINGHE 11,420 0.00 0.000 0.040 0.040 0.035 TIGER 20,132.1 0.005 5.88 0.090 — 0.00
,-
$PNQPTJUF
*OEFY .PWJOH
BWFSBHF

EBZ HSI-H4V 20,084.4 -0.005 -2.63 0.185 — 0.00
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
2030.0 PERMAJU 20,039.3 -0.010 -2.82 0.345 — 0.00
traded for a particular counter on the previous trading day is more than triple the average volume for the
1,650.56 last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
(-5.10)
market expectations for these counters. Top gainers and losers (ranked by RM)
1727.5
UP

1425.0
1,674.64 KLCI falls after oil slump, CLOSE
CHANGE
(RM)
DOWN
CLOSE
CHANGE
(RM)

US rate-hike guidance NESTLE

BAT
147.000
36.980
0.700
0.420
DLADY
UTDPLT
60.520
25.600
-0.940
-0.340
F&N 31.100 0.300 MAXIS 5.250 -0.220
1122.5
DIALOG 3.020 0.270 HLFG 18.800 -0.200
KUALA LUMPUR: The FBM KLCI closed 5.1 points or 0.31% PANAMY 37.900 0.260 PETDAG 25.400 -0.200
820.0 lower to 1,650.56 yesterday after the US Federal Reserve (Fed) BLDPLNT 7.540 0.220 PETGAS 19.000 -0.200
Jan 2, 2008 Dec 20, 2018 raised interest rates on Wednesday and maintained most of VITROX 6.180 0.210 PMBTECH-WA 1.580 -0.190
its guidance for additional increases in the next two years. JAKS-WB 0.210 0.205 BIPORT 4.550 -0.170
900
Crude oil’s price drop also hit stock-market sentiment. AEONCR 14.840 0.200 SAM 7.300 -0.160
SP500-HF 0.860 0.165 KIANJOO 2.450 -0.140
The Fed’s interest rate guidance dashed global investors’
600 AJI 18.000 0.160 IHH 5.220 -0.140
hope for a more dovish US monetary policy outlook. SP500-HG 0.975 0.160 SHANG 5.560 -0.140
300 Reuters reported that the Fed raised key overnight lending
rate rates by 0.25% as expected to a range from 2.25% to Top gainers and losers (ranked by percentage)
0
2.5%. It was reported that US stocks declined sharply on

 
7PMVNF
NJM

Wednesday after the Fed’s forecast of fewer interest-rate UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
increases in 2019 fell short of investors’ hopes of a more
FBM KLCI futures dovish monetary policy. It was reported that Asian shares JAKS-WB 0.210 4,100 VELESTO-C24 0.005 -83.33

CONTRACT SETTLEMENT CHANGE HIGH LOW

slid yesterday after the Fed raised rates and kept most of its DIALOG-C28 0.150 328.57 RALCO-WB 0.015 -78.57
SANICHI-WE 0.020 300.00 AAX-C21 0.005 -75.00
DEC 18 1,649.50 -5.00 1,652.00 1,638.50 guidance for additional hikes in the next two years, dashing FGV-C61 0.015 200.00 CIMB-C36 0.005 -66.67
JAN 19 1,650.50 -4.50 1,653.00 1,640.50 investor hopes for a more dovish policy outlook. AIRPORT-CZ 0.010 100.00 MAYBANKC42 0.035 -65.00
MAR 19 1,647.00 -5.00 1,647.00 1,638.00
Malacca Securities Sdn Bhd senior analyst Kenneth Leong BTM-WB 0.060 71.43 THHEAVY-PB 0.015 -62.50
told theedgemarkets.com that the research firm concurred MITRA-WD 0.025 66.67 MLAB-WB 0.005 -50.00
FBM KLCI sensitivity* with the view on the negative sentiment that spread across MRCB-C32 0.015 50.00 SUMATEC-WA 0.005 -50.00

KLCI CHANGE CLOSE VOLUME regional stock markets after the Fed announced its interest AIRPORT-C4 0.105 50.00 GENM-C38 0.005 -50.00
POINTS (RM) (RM) ('000) HIBISCS-CI 0.015 50.00 GENM-C39 0.005 -50.00
DIALOG GROUP 2.39 0.270 3.020 14050.5
rate guidance. SYF-WB 0.015 50.00 TENAGA-C48 0.005 -50.00
PETRONAS CHEMICAL 1.00 0.080 9.210 5492.5 Leong also noted the impact of crude oil’s price drop on SCOMI-WB 0.015 50.00 PDZ-WB 0.005 -50.00
TELEKOM MALAYSIA 0.00 0.000 2.580 2040.6 Malaysian shares. “Renewed volatility in crude oil prices also
MISC -0.28 -0.040 6.300 1533.5 led Petronas-linked companies such as Petronas Gas Bhd Top gainers and losers - warrants (ranked by percentage)
PETRONAS DAGANG -0.31 -0.200 25.400 616.7 and Petronas Dagangan Bhd to be among the biggest losers
HONG LEONG FINANCIAL -0.36 -0.200 18.800 262.7 UP CHANGE DOWN CHANGE
SIME DARBY -0.43 -0.040 2.260 8701.5
on the bourse today (yesterday),” he said. — by Syahirah Syed CLOSE (%) CLOSE (%)
MAYBANK -0.52 -0.030 9.300 4149.8 Jaafar DIALOG-C28 0.150 328.57 VELESTO-C24 0.005 -83.33
GENTING -0.61 -0.100 6.230 4521.6
World equity indices FGV-C61 0.015 200.00 RALCO-WB 0.015 -78.57
PETRONAS GAS -0.62 -0.200 19.000 561.0 AIRPORT-CZ 0.010 100.00 AAX-C21 0.005 -75.00
SIME DARBY PLANTATION -0.64 -0.060 4.360 2850.6 CLOSE CHANGE CLOSE CHANGE BTM-WB 0.060 71.43 CIMB-C36 0.005 -66.67
AXIATA GROUP -0.71 -0.050 3.810 2762.3
DOW JONES 23,323.66 -351.98 INDONESIA 6,147.88 -28.22 MITRA-WD 0.025 66.67 MAYBANKC42 0.035 -65.00
IOI CORPORATION -0.89 -0.090 4.190 3934.6
S&P 500 2,506.96 -39.20 JAPAN 20,392.58 -595.34 DIALOG-C40 0.120 50.00 THHEAVY-PB 0.015 -62.50
DIGI.COM -1.10 -0.090 4.320 3561.5
NASDAQ 100 6,342.97 -148.55 KOREA 2,060.12 -18.72 SCOMI-WB 0.015 50.00 MLAB-WB 0.005 -50.00
IHH HEALTHCARE -1.92 -0.140 5.220 6757.1
FTSE 100 6,765.94 64.35 PHILIPPINES 7,563.41 -16.21 SYF-WB 0.015 50.00 SUMATEC-WA 0.005 -50.00
MAXIS -2.70 -0.220 5.250 2549.2
AUSTRALIA 5,505.80 -74.80 SINGAPORE 3,050.62 -8.03 AIRPORT-C4 0.105 50.00 GENM-C38 0.005 -50.00
SUB-TOTAL -7.69
CHINA 2,536.27 -13.30 TAIWAN 9,674.52 -108.69 HIBISCS-CI 0.015 50.00 GENM-C39 0.005 -50.00
OTHERS 2.59
HONG KONG 25,623.53 -241.86 THAILAND 1,596.10 -5.02 MRCB-C32 0.015 50.00 TENAGA-C48 0.005 -50.00
GRAND TOTAL -5.10
INDIA 36,431.67 -52.66 VIETNAM 918.24 -1.00 MISC-C19 0.130 36.84 PDZ-WB 0.005 -50.00
* How stock price changes affected the index on the previous trading day

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EP 2 FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY
The Edge Property Sdn Bhd
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NEWS HIGHLIGHTS from www.EdgeProp.my
Genting theme
park on track for
completion despite
lawsuit
Despite being locked in a legal bat-
tle worth over US$1 billion (RM4.17
billion) with Walt Disney Co and 21st
Century Fox Inc, Genting Malaysia
Bhd is confident that its theme park
in Genting Highlands will be com-
pleted early next year.
Genting Malaysia’s chairman and
CEO Tan Sri Lim Kok Thay said the
theme park “remains very much part
of our plans”, reported Singapore
publication The Business Times.
He said the theme park is “only a
small part” of its expansion plans for
the Resorts World Genting complex
in Genting Highlands, adding that
revenue and visitor numbers have
grown in tandem with the rollout of
its plans.
Genting Malaysia had sued Dis-
ney and Fox for terminating an
agreement for a Fox World theme
park. Disney is in the midst of acquir-
ing Fox for US$71.3 billion.
RM3.8b worth of
unsold properties
in Johor
The southern state of Johor has
5,988 units of unsold properties
worth RM3.8 billion, reported an
English daily on Tuesday.
“Based on statistics, there is a
mismatch between demand and
supply, especially with developers
trying to make the most profits by
building more high-end properties,”
said State Housing and Rural Devel-
opment Committee chairman Dzu-
lkefly Ahmad.
trending
now
LAUNCHES + EVENTS
Christmas Pajamas
Movie Night
Date: Dec 23 (Sun)
Time: 6pm to 9.30pm
Venue: Sapphire Hall, Club
360, 1, Persiaran Ecohill
Barat, Semenyih, Selangor
Contact: (03) 8723 5525
Ho! Ho! Ho! Lighten up, it’s
Christmas season and Santa
is in the mood to party at Club
360! Organised by Setia Ecohill,
this is a movie night you don’t
want to miss! Just come with
your best pajamas, relax, enjoy
the movie and stand a chance
to win the Best Family Pajamas
Award! Light refreshments
will be served. RSVP is needed
as seats are limited.
Sanctuary Fitness
Date: Dec 23 (Sun)
Time: 7.30am to 8.30am
Venue: Eco World Gallery @
Eco Sanctuary, Lot 41296,
Persiaran Eco Sanctuary, Telok
The type of properties not sold in-
clude serviced apartments and prop-
erties valued between RM500,000
and RM1 million.
Dzulkefly added that the housing
market in Johor “has to be reformed”
to enable up to 100,000 affordable
homes to be built by 2023.
“We need to reform in terms of
building, distribution, financing and
reducing building costs. So far, some
134,195 affordable homes have yet to
be built by developers”.
Fireman
Muhammad
Adib dies
Muhammad Adib Mohd Kassim, the
fireman who was seriously injured
in the Seafield Sri Maha Mariam-
man Temple fracas last month, has
passed away at the National Heart
Institute on Monday night.
He breathed his last at 9.41pm
with his family by his side, Hous-
ing and Local Government Minister
Zuraida Kamaruddin told reporters.
Muhammad Adib’s remains were
taken to the Hang Tuah Fire and Res-
cue Station on Monday for his last
alarm ceremony before being dis-
patched to his hometown in Kedah
for burial.
Muhammad Adib, 24, was alleged-
ly beaten up by several people on Nov
27 during the riots near the temple in
Subang Jaya caused by a dispute over
the proposed relocation of the temple.
PNB and EPF buys
Battersea Power
Station phase 2
Battersea Phase 2 Holding Co Ltd
(Battersea Phase 2 Holdco) and
Panglima Garang, Selangor
Contact: (03) 8688 2255
Come work out with EcoWorld
at Eco Sanctuary and be
rewarded with an exclusive
Sanctuary Fitness T-shirt.
Showcase of
18 East Andaman
Date: Dec 22 & 23 (Sat & Sun)
Time: 11am to 5pm
Venue: Seri Tanjung Pinang Sales
Gallery, Tanjung Tokong, Penang
Contact: (013) 408 8999
Eastern & Oriental Bhd is having
an exclusive showcase of 18 East
Andaman at Seri Tanjung Pinang
this weekend. Set within a 4.5-
acre waterpark, there are one,
two and three bedroom condo
units with exceptional views.
Christmas Celebration
at Austin Duta
Date: Dec 22 (Sat)
Time: 10am to 4pm
Venue: Austin Duta sales office,
TTDI residents urge MACC
to speed up investigations
The Taman Tun Dr Ismail (TTDI)
Residents Association (RA) wants
the Malaysian Anti-Corruption
Commission (MACC) to speed up its
investigations into reports lodged
by various parties on the conten-
tious development at Taman Rimba
Kiara (TRK) in TTDI, Kuala Lumpur.
The repor ts include those
lodged by TTDI residents on May
2017, a report lodged by the previous
Segambut MP Lim Lip Eng in Novem-
ber 2017 and two reports lodged by
current Segambut MP Hannah Yeoh
in May 2018 and November 2018.
The RA spokesperson Khairuddin
PNB-Kwasa International 2 Ltd has
inked a sale and purchase agree-
ment to acquire Phase 2 of the Bat-
tersea Power Station commercial
assets last Friday for a base con-
sideration of £1.58 billion (about
RM8.35 billion).
Battersea Phase 2 Holding is a
wholly-owned subsidiary of Batter-
sea Project Holding Co Ltd, which is
owned by Sime Darby Property Bhd
and S P Setia Bhd which each holds
a 40% stake while the Employees
How do I get past issues of this weekly pullout?
Go to www.EdgeProp.my to download for free
If you have any real estate-related events, email us at editor@edgeprop.my.
Events listed here will also appear on www.EdgeProp.my.
Jalan Austin Duta, Johor Bahru
Contact: (07) 364 5205
IJM Land Bhd is hosting a
Christmas celebration at
Austin Duta in Johor. There
will be activities such as a doll
claw challenge, gingerbread
decorating and other fun
activities. Guests can also check
out the double-storey cluster
houses starting from RM673,200.
Penguin X’mas
Celebration
Date: Dec 22 & 23 (Sat & Sun)
Time: 10am to 5pm
Venue: Iringan Bayu Seremban,
Persiaran Iringan Bayu
3, Taman Iringan Bayu,
Seremban, Negeri Sembilan
Contact: (06) 630 4656
OSK Property will be organising
a Christmas party at its Iringan
Bayu showroom this weekend.
Come and join them for some
fun Christmas tree decorating
and take part in the Penguins
Snow Globe workshop as well as
Penguins Games Stall-Bowling.
Hari Terbuka PR1MA
Date: Dec 21 to 23 (Fri to Sun)
Time: 9am to 5pm
Venue: Perbadanan
Rahim said these reports focus on
the conflict of interest and possi-
ble abuse of power that may have
occurred in relation to the TRK de-
velopment, on which they have yet
to receive any update.
“We hope that MACC will pro-
vide updates to the public on the
status of its investigation and to
take all effort to expedite its inves-
tigation. We also hope that MACC
will ensure that no effort is spared
in pursuing enforcement action
where wrongdoing is found,”
Khairuddin told the media at a
press briefing on Monday.
Provident Fund (EPF) holds the re-
maining 20%.
Meanwhile, PNB-Kwasa Interna-
tional 2 is a joint venture company
set up by Permodalan Nasional Bhd
and EPF.
In a press statement issued by
Sime Darby Property and S P Setia
today, the developers said Battersea
Phase 2 Holdco will dispose of the
commercial elements of the Bat-
tersea Power Station building in the
transaction.
PR1MA Malaysia, Oasis
Square, Block F, 2, Jalan
PJU1A/7A, Ara Damansara,
Petaling Jaya, Selangor
Contact: (03) 7628 9898
The PR1MA homes @ Jalan
Jubilee, PR1MA @ Alam Damai
(ready to be occupied), PR1MA
@ Bandar Bukit Mahkota and
PR1MA @ Kajang Utama are
now open for sale. Drop by at the
PR1MA sales office this weekend
where staff will be available
to help you with any queries.
Enchanted Christmas
Date: Dec 22 & 23 (Sat & Sun)
Time: 3pm to 10pm
Venue: d’Tempat Country
Club, Bandar Sri Sendayan,
Seremban, Negeri Sembilan
Contact: 1-800-88-2688
Pororo & Friends will be making
their appearance at d’Tempat
Country Club this weekend for an
Enchanted Christmas celebration
with Matrix Concepts Holdings
Bhd. A host of workshops and
activities have been lined up
over the two days including
face-painting and fridge magnet
workshops, live deer feeding,
Acapella Christmas carols and
a Quick Change performance.
FR IDAY DECEMBE R 21 , 20 1 8 • T HEED G E FINA NCIA L DA ILY EP 3
EP 4 FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

N EWS

Melaka developer to launch TOD in Cheras

B Y S H AW N N G
PETALING JAYA: Melaka-based develop-
er Parkland Group is making its first ven-
ture into the Klang Valley with an upcom-
ing transit-oriented development (TOD) in
Cheras, Selangor.
The serviced apartment project on a 2.36-
acre freehold site in Cheras Batu 11 (11th
Mile) will be connected to the Batu 11 Cheras
MRT (mass rapid transit) Station via a 15m
link bridge, which is said to be the shortest
connecting bridge along the MRT line.
Dubbed Parkland Residence @ Cheras
South, the project has a gross development
value (GDV) of RM300 million and will fea-
ture a 39-storey, L-shaped building. It will
house 714 serviced apartment units and a
9-storey car park podium, said Parkland
group managing director Victor Tan.
Carrying an indicative selling price of
RM520 psf, the units come in three layouts
– the 875 sq ft 3-bedroom and 2-bathroom
Type A, the 704 sq ft 2-bedroom and 2-bath-
room Type B and the 550 sq ft 1-bedroom
and 1-bathroom Type C.
“This is Parkland Group’s first project in
the Klang Valley and it will be a stepping
stone into the Klang Valley market where there
are numerous pocket lands suitable for high-
rise developments,” Tan told EdgeProp.my.
Parkland started as a construction com-
pany in 2005 and diversified to the proper-
ty development segment in 2012, said the
developer.
From left: Parkland general manager Wong Tark Keong, director Ching Ah Lai and Tan
posing with a model of Parkland Residence @ Cheras South.
“We have completed many high-rise de-
velopments since the inception of Parkland
13 years ago,” he added, citing the group’s
recently completed Parkland Residence @
Sungai Melaka, a serviced apartment project.
It was handed over in November.
With a GDV of RM360 million, Parkland
Residence @ Sungai Melaka sits on a 6.5-acre
freehold site. All its 890 serviced apartment
units have been sold at an average price of
RM400 psf, said the developer.
It is believed to be the first high-rise strat-
ified development in Melaka to issue strata
titles upon vacant possession after the en-
forcement of the Strata Titles Act 2013.
Tan sees Parkland Residence @ Cheras
LOW YEN YEING | EdgeProp.my
South as an important project for Parkland
to establish itself as a long-term player in
the Klang Valley market where demand for
homes is expected to be strong as the pop-
ulation is expected to hit 10 million by 2020.
Targeted for launch in January 2019, Tan
said Parkland Residence @ Cheras South are
affordably priced starter homes for young
couples and families living in the surround-
ing areas, namely Cheras and Kajang. The
project is expected to be completed in the
second quarter of 2022.
The main selling point of the project is the
15m link bridge, he added. It will link level
5 of the project to Entrance B of the Batu 11
Cheras MRT Station, thus allowing residents
to enjoy the convenience of having an MRT
station at their doorstep.
“Among the 35 stations, I think this bridge
is the shortest one. It only takes about 25
minutes to travel from here to Bukit Bintang
in the city centre,” he said.
For security reasons, a turnstile gate will
be installed at the link bridge, allowing res-
idents to access the building one at a time
with their access cards.
Looking ahead, Parkland plans to launch
a RM200 million landed residential develop-
ment comprising linked houses and semi-
dees priced below RM500,000 in Kluang,
Johor in 2019 while hunting for more land
in the Klang Valley.
“We have been actively searching for land
such as in Subang and Puchong. Our aim is
to go for high-rise developments on pocket
lands and there are plenty of such lands in
the Klang Valley,” he pointed out.
Currently, Parkland owns some 1,067
acres of land of which more than 1,000
acres are in Johor while the balance is in
Melaka. With an estimated GDV of about
RM3.65 billion, the landbank is expected
to keep the group busy for the next decade,
said Tan.
To date, Parkland Group has completed
230 landed houses, 809 high-rise homes and
460 commercial properties with a combined
GDV of RM742.5 million.
It has an ongoing project dubbed Taman
Kluang Perdana which comprises 491 land-
ed homes with a GDV of RM295 million.

Cost of living rises but Malaysia is still

among cheapest locations for expats
B Y R AC HE L CHE W
KUALA LUMPUR: Although Malaysian cities
have seen a significant rise in the rankings
expats as the 18th most expensive city in the
world. Within Asia, Singapore is the ninth
Top 10 most expensive Top 10 most expensive
most expensive location. In 2017, Singapore locations — Asia locations — Global
was the 21st most expensive city in the world
SOURCE: ECA INTERNATIONAL

SOURCE: ECA INTERNATIONAL

LOCATION 2018 2018 2017 LOCATION 2018 2017
for cost of living for expatriate workers, they for expatriates. ASIA GLOBAL GLOBAL RANKING RANKING
remain the cheapest locations in Asia for ex- “The Singapore dollar has performed RANKING RANKING RANKING
pats, according to the latest Cost of Living strongly this year, resulting in a slight rise Ashgabat, Turkmenistan 1 146
Ashgabat, 1 1 146
survey by ECA International. in Singapore’s rankings, up three places to Geneva, Switzerland 2 4
Turkmenistan
The international provider of knowledge, become the 18th most expensive location
Hong Kong 2 6 9 Zurich, Switzerland 3 3
information and software for the manage- in the world.
ment and assignment of employees said “Singapore has long been considered one Seoul, Korea 3 7 11 Basel, Switzerland 4 5
Kuala Lumpur is the most expensive city of the most expensive cities for expats to live Republic Bern, Switzerland 5 6
in Malaysia. and work in and this looks set to continue,”
Tokyo, Japan 4 8 8 Hong Kong 6 9
“Malaysian cities have seen big rises in Quane noted.
the cost of living rankings with all three Among the biggest risers in the rank- Busan, Korea 5 13 23 Seoul, Korea Republic 7 11
surveyed locations still sitting outside the ings was Bangkok, which moved 32 places Republic Tokyo, Japan 8 8
global top 150. to rank among the top 100 most expensive Shanghai, 6 14 12
“Kuala Lumpur is the highest placed Ma- locations for the first time. Oslo, Norway 9 7
China
laysian city in the rankings and has risen 24 “Over the past five years, Bangkok has Stavanger, Norway 10 10
places to 188th,” said ECA International Asia climbed more than 80 places. The Thai capi- Yokohama, 7 15 18
regional director Lee Quane in a statement tal now sits in 90th place in our cost of living Japan cantly over the past 12 months. A shortage
released on Monday. rankings. The Thai baht has strengthened in Nagoya, 8 17 19 of goods and hard currency means that it
The rankings showed that the Malaysian recent years, as the economy has expanded Japan is now much more expensive for expatriate
cities surveyed — Kuala Lumpur, Johor Bahru and the political landscape has stabilised,” Singapore 9 18 21 workers in Ashgabat to purchase the items and
and Penang, have all seen significant rises Quane shared. services that they normally would,” he shared.
of over 20 places each. In mainland China, all 14 of the Chinese Osaka, Japan 10 19 20 The survey compares a basket of like-for-
“Kuala Lumpur is now more expensive for cities surveyed by ECA remain in the glob- like consumer goods and services common-
foreign workers than many of the locations al top 50, with Shanghai leading the way as Meanwhile, the world’s most expensive ly purchased by assignees in more than 450
that ranked higher in the 2017 rankings, the 14th most expensive location globally. city for expats is Ashgabat, capital city of the global locations. Certain living costs, such
such as New Delhi, Manila, and Mumbai,” The cost of living for overseas workers in Central Asian nation of Turkmenistan. The as accommodation rental, utilities, car pur-
he explained. Australia and New Zealand has plummeted city has rocketed from 146th in 2017 to the chases and school fees are usually covered
Nevertheless, it remains one of the cheap- since 2017, with every Australasian location top spot amid a deepening economic crisis. by separate allowances. Data for these costs
est locations in Asia for overseas workers, included in the survey dropping at least 20 “A plunging black market exchange rate are collected separately and are not includ-
added Quane. places. Sydney and Canberra both fell out and foreign exchange shortages have stoked ed in ECA’s cost of living basket.
Meanwhile, Singapore returned to the of the top 50 and now sit in 70th and 85th levels of inflation in Turkmenistan and have
global top 20 most expensive locations for respectively. led the prices of goods to increase signifi- This story first appeared on www.EdgeProp.my
EP 6 FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

COVER STORY

BRIGHTER
B Y R AC HE L CHE W

K
uala Lumpur City Centre
(KLCC) has been the heart

DAYS AHEAD
of the central business dis-
trict (CBD) of Malaysia’s cap-
ital since the completion of
the Petronas Twin Towers in
1999. Over the last two decades, KLCC and
its office buildings have benefitted tremen-
dously from the once booming oil and gas

for KL City ofˎces?

(O&G) sector.
Against the backdrop of a commodi-
ty-driven economy, KLCC is a success story of
the country’s rapid growth and development.
“The CBD will expand further when more
commercial developments are completed in
the KL city. Among the notable upcoming
new developments are Merdeka PNB 118,
the Tun Razak Exchange and Bukit Bintang
City Centre,” says JLL Property Services (Ma-
laysia) Sdn Bhd managing director YY Lau.
According to JLL’s data, there is current-
ly about 17.7 million sq ft of grade A pur-
pose-built office space in KLCC alone, which
is slightly more than half the total stock of KL.
“Net absorption in KLCC has been soft.
The demand weakness correlates with the
fall in oil prices in 2015 and 2016. Despite
improving oil prices in 2017 and 2018, there
was still no significant increase in demand,”
she notes.
Lau adds that both strata and pur-
pose-built offices are expected to continue
being affected by soft demand, which trans-
lates to high vacancy rates in the short- to
medium-term.
Owing to this, dependency on the O&G
sector has been reduced while new sectors
such as high-technology industries and
co-working spaces have been taking up of-
fice space in the city centre, says Lau.
Light at the end of the tunnel?
However, looking at the performance of
the overall KL office leasing market in 2017
and the first half of 2018, Zerin Properties
managing director and CEO Previndran
Singhe says it has been performing better
than expected.
“Surprisingly, the office market has been
rather strong. It recorded about 4 million sq
ft (of take-up) in 2017 compared with 2.5 mil-
lion sq ft to 2.6 million sq ft the previous year.
“The market slowed down a bit as we
entered 2018, but we saw higher demand
from the O&G and services sector, as well
as SMEs (small and medium enterprises).
“KLCC will pick up again, supported by
the recovering O&G sector and the enhance-
ment of the overall traffic infrastructure in
the city centre.
“Those who left the city for KL fringe
locations due to complaints of traffic con-
gestion in the city centre are now starting
PATRICK GOH | THE EDGE
“Some of the well-managed premium
Purpose-built ofˎce offices have seen an improvement in occu-
space supply in pancy rates. With the stronger occupancy,
these premium buildings have started to
Kuala Lumpur (2Q2018) raise their rents,” Lau notes. Lau: Despite
She says that the current overall average improving oil
Existing supply: asking rent in KLCC has increased by 1.0% prices in 2017
About 90 mil sq ft quarter-on-quarter and 2.7% year-on-year
in 1Q2018 to RM7.72 psf per month.
and 2018,
there was no
While asking rents have remained resil- signiˎcant
ient at the moment, its sustainability de- increase in
pends on further improvements in demand demand.
Occupancy and actual completion of incoming supply, PATRICK GOH | THE EDGE
rate Lau highlights.
78.1% “As several new projects are slated for
completion in KLCC over the next five years,
higher vacancy rates can be expected and
this will exert downward pressure on aver- Singhe: KLCC will
age asking rents. However, we may see some pick up again,
delays in project completions. Should that supported by the
Incoming be the case, the vacancy rate will not be ad- recovering O&G
supply: versely affected,” she reckons. sector and the
Both Previndran and Lau expect that de- enhancement of
11.8 mand for KL city office space will be better
due to improved connectivity after the com-
the overall trafˎc
infrastructure in
mil sq ft
pletion of the Sungai Buloh-Serdang-Putra- the city centre.
jaya mass rapid transit line (MRT 2) in 2021.
By that time, office rents in the city centre address is one of the key considerations
and those in KL fringe locations (such as KL when foreign companies venture into the
Sentral and Mid Valley City) will be more Malaysian market.
competitive with each other. “It is about the corporate image. MNCs
“The increase in average rents in KLCC (multi-national companies) take the address
has been modest compared to other sub- more seriously than you think. Furthermore,
markets. As rents in the KL fringe continues almost all the country’s top banks and cor-
SOURCE: NAPIC to rise, the KLCC office market will become porations have their headquarters in KLCC.
more competitive. It makes more sense to set up their offices
to face similar (traffic) jams there. “In addition, the new developments in here,” Previndran notes.
“So, they may think of coming back when KLCC are modern integrated projects incor- Nonetheless, in the short term, he ex-
their tenancy contracts end because KLCC porating retail, F&B, leisure and residential pects KLCC office rents to remain flat due
is the corporate and financial hub of the components that promote the “live, work, to substantial incoming supply.
country,” Previndran says. and play” concept, thus raising their attrac- “The market is recovering. We see more
JLL’s Lau agrees that the KLCC office mar- tiveness,” Lau says. activity going on but I do not think we will
ket has been showing minute improvement Previndran also believes that KLCC will see a tremendous improvement in pricing if
in terms of occupancy rate and asking rents remain attractive given the fact that it is the there is more supply. In terms of occupan-
although they may not seem significant. financial hub of the country and the KLCC cy rate, I think it will not go any lower than

KLCC purpose-built ofˎce transactions in the past 5 years

YEAR BUILDINGS LOCATION NLA (SF) RM MIL RM PSF BUYER SELLER

2013 East Wing, Icon Tun Razak Jalan Tun Razak 267,90
26
267
267,907
,9077
,90 226 843 Top Glove
ve Corporation
Corpo
Co rporat
rpo ration
ratio Bhd TS Law Realty Sdn Bhd
2013 Menara
M ara PMI
Men PMI Jalan
Jalan
a Changkat
Cha
angk
ngkat
at Ceylon
Ceyylon 104,011
10 ,01
10
104 ,011
0 1 60 577 Admirall Gateway
Gate
t way Sdn
Sdn Bhd
Bhd Pan Malaysian Industries Bhd
2013 Menara PJD Jalan Tun Razak 414,00
414 ,00
000
414,0000 220 Sta
arship Sdn
531 Able Starship Sdn Bhd
Bh
hd PJ Development Holdings
2013
2013 Menara
M ara 238
Men Jalan Tun Ra
Razak
zak 490,000
4
490
9 ,000 206 420
20 KPJ Healthcare
althcaree Bhd
Hea
al d Danaharta Hartanah Sdn Bhd
2014 Menara ING Jalan Raja Chulan 160,413
160,41
160,4113 132
3 825 Goldstone
Goldston
ne KL Sdn
ne Sd Bhd
Bh
hd Tower REIT
2015 Pekeli
Pek
ekeli
elilin
el
l llin
ing
Plaza Pekeliling Jal
Ja
all Tun
Jalan u Razak
ak 144
4 ,37
3776
3
376
144,376 28.28
28
28. 8
28.28 196 Fitters
196 Fiitters Diversifi
F Diversifi
fied
ed Bhd
Bh
hd GCP Tower Sdn Bhd
d
2015 a Tower
Integra Towe
owerr Jal
a an Tun Ra
Jalan Razak
zak
zak 76
760,71
715
15
760,715 1,065
1,0 65 1,400
1,400 KW
WAP
KWAP BlackRock
k
2015 Menar
arrra
Menara a Raja
Raja
a Laut
Lau
ut No 28
288
888, Jala
288, JJalan
ala
an Raja
Raja
a La
L ut
Laut 397,93
397,93
939
9
397,939 220
220 53 Hong
553 Hon
ng Leong
Leeong Assurance
Assu
ss ran
nce Bhd (HLFG)
(H
HLFG) Hong Leon
Hong Leon
ng B
Leong ank
an
nk Bh
n
Bank Bhd
d
2015
2015 Wisma
a AmanahRaya
Wisma Amanah
n Ray
nahRaya
a Jalan
Jal an Ampang
Amp
m ang
n 15
153 ,90
08
153,908 78 Ann
nnex Sentral
507 Annex Seentra
Sen trall Sdn
Sdn Bhd
B C
CIM
CIMB B Islamic
mic Tr
Trustee Bhd
(Tru
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ust
(Trustee or Am
or
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2015 AmB
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Tec
Techvance
e hv
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Prope
Properties
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ess Ma
Man
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men Sdn
n Bhd
Bhd Mayban
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ank
ank Trustee
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Trustees
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es B
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nv stm
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nt Ba
B
Bank
ank
nk Bhd T
Tro
Tropicana
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na Plaza
a Sdn
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Bhd
(a who
wh
wholly-owned
holly
lly
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owned
ned su
subsi
subsidiary
bsi
s dia
diary
ry o
off Tropic
Tropicana
cana Bh
Bhd)
d
d)
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2016 Menara
Menara AI
A IA Cap
AIA Cap
p Sq
qu
q uare
a
Square Jalan Munshi
Jalan Munshi
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sh Ab
Abdul
bdul
d lah
la
a 601,57
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,5
,574
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0 KWAP
850 KWAP Uni
nion
on Investment
Union Invest
Inve men
mentt Reall Es
Real Estat
tate
tat
ate G
Estate MBH
B
GMBH
20177
201 Men
enara
ara Pr
Menara Prude
udenti
ude t all
Prudential Jalan
Jal an Su
Sultan
an Is
Sultan smai
maill
Ismail 1164
64,70
7 6
70
164,706 125
5 758 KL 33 Sdn
S BhBhd
d ((a
a ssubsidiary
ubsidi
ubs
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diary
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Plaza
az 33 S dn B
Sdn hd
hd)
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O
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Propert
ert
r iess (M
Properties M) S
(M) dn Bhd
Sdn
SOURCE: SAVILLS
FR IDAY DECEMBE R 21 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY EP 7

COVER STORY

74%, but it may not break through 80% in the Strata ofˎce transactions in KLCC premium office buildings that offer good
near future,” he says, adding that the current DEVELOPMENT LOCATION TYPICAL SIZE TRANSACTED TRANSACTED ANNUAL
connectivity and integrated concepts may
occupancy rate for KLCC offices is close to RANGE (SQ FT) PRICE (RM PRICE (RM GROWTH attract more technology and co-working
80%, compared with 78% in 2016/2017. PSF) PSF) (%) space providers, says JLL’s Lau.
Meanwhile, Savills Malaysia’s director of Megan Avenue 2 (fka Jalan Yap Kwan Seng 1,200 – 6,000 NA 2018: NA
research and consultancy Amy Wong says Megan Phileo Avenue) 1,165 Strata offices
some 9.4 million sq ft of office space is ex- Megan Avenue 1 (fka Jalan Tun Razak 1,518 – 4,900 2017: 2018: 26% Despite the current subdued KL office mar-
pected to be completed in KL city over the Megan Phileo Promenade) 543 685 ket overall, Previndran has observed a rel-
next three years, or an average of 3.1 million atively healthy demand for strata offices.
Plaza 138 Jalan Ampang 725 – 1,550 2017: 2018: 21%
sq ft per year. 622 751
“There are many purpose-built offices
“In a very good year, we have seen about around that are not really suitable for small
1 million sq ft being absorbed in KL city. Wisma UOA Centre Jalan Pinang 1,100 – 2017: 2018: 11% users or new companies because it may be
10,000 880 980
However, office net absorption space aver- too much to commit to, especially in the cur-
aged 330,000 sq ft from 2014 to 2016. Menara Bangkok Bank Jalan Ampang 775 – 5,000 2016: 2017 6% rent uncertain market environment. So, small-
“The continued supply and demand im- 942 1,000 er strata office units could be a good option.
balance will inevitably push up the KL office SOURCE: JLL “Strata office unit owners are targeting
vacancy rate which is currently at 19%. It is LOW YEN YEING | EdgeProp.my SMEs as they offer the strongest demand
worth noting that 45% of incoming office Currently, WeWork operates across 83 (for offices) at all times,” Previndran shares.
space is pre-committed space, which leaves cities in 24 countries with more than 320,000 According to Previndran, there are only
about 5 million sq ft on the open market,” members around the world ranging from a few existing strata office buildings in KL’s
Wong notes. start-ups to household names. Golden Triangle such as Menara Bangkok
She also points out that office space de- Wong: It is worth According to Previndran, there are about Bank and Megan Avenue. As such, he be-
mand is largely controlled by economic noting that 45% 62 co-working centres in the Klang Valley lieves there is good investment potential
growth. Such demand is indicated by new of incoming ofˎce and most of them are independent com- in strata offices going forward, due to their
international or foreign companies coming space is pre- panies. In comparison, there are more than limited supply.
into Malaysia and the emergence of new committed space, 330 co-working centres both in Hong Kong Savills’ data shows that there are 3.03
trends such as co-working spaces. which leaves and Singapore. million sq ft of stratified office space in the
“All of these are evident in Malaysia, but about 5 million “The rapid growth of co-working spaces KLCC area which makes up about 6.5% of
remember that demand normally comes sq ft on the open will benefit the tenant. They don’t have to be the total market share.
from growth. It is very rare for a company market. locked into a long-term contract, especial- “Average vacancy rate recorded is about
to uproot and relocate wholesale to another ly if they are start-up companies or they are 37.6%,” says Savills’ Wong.
country,” she notes. These include Colony located at Vipod here just for a few months to study the mar- However, larger companies like MNCs
Residences, Jalan Kia Peng and Common ket before setting up a branch in Malaysia. would still prefer to rent office spaces in
Flexible workspace Ground located at KL33, Jalan Sultan Ismail. “I believe the growth of co-working purpose-built office buildings.
Savills’ Wong also notes that the rise of flex- In December, New York-based WeWork space will impact the overall office market, “Not many companies are willing to buy
ible workspace operators and tech com- also announced its first branch in KL which but in a positive way, as it will encourage office suites, especially MNCs. Generally
panies are taking up large spaces, some as will officially open in 1Q2019. more market activity in the office segment,” speaking, MNCs would rather lease space
anchor tenants in prime office buildings It will be taking up five storeys at Equatori- Previndran concludes. in purpose-built offices as they offer the
in the city. al Plaza, KL, for a total space of 100,000 sq ft. The completion of new high-specification flexibility to expand or downsize,” says Lau.
EP 8 FR I DAY DEC EM B ER 2 1 , 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

F EATU R E

Get into the 1

Berjaya Times Square,
Jalan Imbi Kuala Lumpur
Themed “Magnificent Luminaire – Sculpture

HOLIDAY
of Lights”, Berjaya Times Square is celebrating the
festive season with a magnificent display of light
sculptures including Christmas trees. The main
feature of the display is the massive halo curtains or

SPIRIT
chandeliers of gold highlighted by sparkling giant
red and gold baubles. The twinkling wonderland is
the perfect setting for a festive selfie.

at the malls

PICTURES BY LOW YEN YEING | EdgeProp.my

T
he year-end festive holiday season is one of the best times
to visit the malls and get into the holiday spirit. Christ-
mas is a time for joy and cheer and shopping malls all
over Malaysia have been decked out to the nines all vying
for that “wow” factor. From traditional green and red dé-
cor to a futuristic winter wonderland, they offer a visual
feast that lifts the spirit. So go treat yourself to some festive cheer!
Here’s a preview of the décor at a few major shopping malls in
the Klang Valley.

3
The Gardens
Mall, Mid
Valley,

2
1 Utama Kuala Lumpur
Shopping Relive your childhood
Centre, Bandar and be captivated by the
Utama, Petaling Jaya delightful décor of The
1 Utama’s “A Glistening Gardens, Mid Valley.
Christmas” décor looks like a Themed “Let Your Heart
sci-fi movie set with it its striking be Light” and inspired by
giant holographic crystal globes. imagery found in children’s
It is quite a futuristic take on
fables and fairy tales, the
Christmas mall décor. On the
ground floor of the centre court ground floor of the mall
are five pop-up PlayRooms where has been transformed
one can experience art mediums into an enchanted garden
and installations that will ignite of festive green and red
your senses and imagination. hanging laurels.

5
Sunway Pyramid,
Bandar Sunway,
Selangor
Stop by at Sunway Pyramid for
a “Jolly Rainbow Christmas Fun

4
Factory” and be dazzled by the cute
Mid Valley and chubby unicorns with rainbows
Megamall, flowing out of them; yes, we are
Kuala in fantasy land. Kids can try the
Lumpur Rainbow Slide where Christmas
Mid Valley Megamall characters such as Santa Claus come
has turned its Centre to life at the Unicorns Alive dome.
Court into a Christmas There is also the Rainbow Memory
Circus carnival! The Lane photo booth where you can show
main stage with its off your best pose.
red and white circus
tent top is flanked by
Christmas trees and
candy-cane coloured
stalls while Nutcracker
soldiers and “circus
performers” in the form
of sculptured figures
put on their “acts” at
random spots.

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