Financial Daily The Edge

FBM KLCI 1648.
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13.50
STI 2827.58
29.09
RM/USD 4.0560
CPO RM2417.00
79.00
OIL US$42.02
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GOLD US$1363.60
2.10
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)
THURSDAY AUGUST 4, 2016 ISSUE 2221/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
Didi, SoftBank lead US$600m

round of funding for Grab PA G E 2
www.theedgemarkets.com
4 HOME BUSINESS
A pricey deal for

Green Packet to
enter IoT business?
5 HOME BUSINESS
Lacklustre results
season ahead
5 HOME BUSINESS
Share prices soar

but consumer
sentiment
remains weak
Malaysia is seeing
SERIOUS
MISMATCH
in housing supply
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6 HOME BUSINESS
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principal supplier
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Datasonic
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Sunway Property
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offi
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15 H O M E
Najib: BN will find

best solution for
Terengganu crisis
TICS
Complex structure not an excuse

for ineffective oversight BNM
4 HOME BUSINESS
E
R
O
M N
TpHroA
perty
a
portal
FBM KLCI 1648.50
11.73
13.50
STI 2827.58
29.09
RM/USD 4.0560
CPO RM2417.00
79.00
OIL US$42.02
0.22
GOLD US$1363.60
PP 9974/08/2013 (032820)
THURSDAY AUGUST 4, 2016 ISSUE 2221/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
Didi, SoftBank lead US$600m

round of funding for Grab PA G E 2
4 HOME BUSINESS
A pricey deal for

Green Packet to
enter IoT business?
5 HOME BUSINESS
Lacklustre results
season ahead
5 HOME BUSINESS
Share prices soar

but consumer
sentiment
remains weak
6 HOME BUSINESS
Were not current

principal supplier
of Msian passports
Datasonic
Malaysia is seeing
SERIOUS
MISMATCH
in housing supply
In terms of what is offered by developers
and what prospective buyers can afford.
Supriya Surendran has the story on Page 3.
9 P R O P E RT Y
Sunway Property
to set up regional
office in Penang
15 H O M E
Najib: BN will find

best solution for
Terengganu crisis
Complex structure not an excuse

for ineffective oversight BNM
4 HOME BUSINESS
2.10
T HU R SDAY AU G U ST 4, 2 0 16 TH EEDGE F I N AN C I AL DAI LY
For breaking news updates go to

ON EDGE T V
Wild wild mess
Didi, SoftBank lead

US$600m round for Grab
Putting even more pressure on Uber
BY LULU YILUN CHEN & YOOLIM LEE
The Edge Communications Sdn Bhd

(266980-X)
Level 3, Menara KLK, No 1 Jalan PJU 7/6,

Mutiara Damansara, 47810 Petaling Jaya,
Selangor, Malaysia
Publisher and Group CEO Ho Kay Tat
HONG KONG/SINGAPORE: Chinas

Didi Chuxing and SoftBank Group
Corp are leading a new round of funding in the Southeast Asian ride-sharing service Grab putting even more
pressure on Uber Technologies Inc.
The round, which may close as
early as next week, could exceed
US$600 million (RM2.44 billion)
and push the total amount of funds
available to Grab past US$1 billion,
according to people familiar with
the deal. Grab is seeking to raise
a separate US$400 million in the
following weeks, said one of the
people, who declined to be identified because the deal is private.

The fundraising round shows that
the truce between Didi and Uber in
China this week is far from a global
accord. Didi bought out Ubers operations in the country and became
a shareholder in the US company,
but the Chinese firms investment
in Grab shows it will continue to
clash with Uber in Southeast Asia
and perhaps other regions.
Didi probably has a lot of reserves from what they thought
might be a longer war in China,
said Adrian Li, managing partner
at Convergence Ventures, a Jakar-
ta-based firm that doesnt have

stakes in ride-hailing companies.
Now they will be able to put the
reserves in new growth markets like
Southeast Asia and back a player
they believe has a strong chance.
Grab declined to comment,
while SoftBank and Didi didnt
respond to requests for comment.
Grab chief executive officer Anthony Tan said he expected Uber
to concentrate on the relatively untapped Southeast Asian market after
agreeing to sell its China business.
The US company plans to redeploy
150 engineers from its Chinese operations to other key markets, includ-
ing Grabs backyard, people with direct knowledge of the plan have said.
Grab, which operates in 30 cities across six countries, was valued at US$1.5 billion in December
2014, according to CB Insights. Its
not yet clear what the companys
valuation in the current round of
fundraising will be.
See related story on Page 18
Southeast Asia as a market is
very attractive because its one that
has not seen as intense competition
as weve seen already in China or
India, Li said. Bloomberg
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Samsung unveils iris-reading Galaxy Note7

BY JUNGAH LE E , NATE LANXO N
& JING CAO
SEOUL/LONDON/NEW YORK:
After extending its lead over Apple Inc in the global smartphone
market with the Galaxy S7, Samsung Electronics Co is now trying
to keep that spirit alive before a
new iPhone arrives.
The South Korean company
announced the latest iteration of
its large-screen smartphone with
the 5.7-inch Note 7 that can be
unlocked with an iris-scanning
camera.
With consumers putting greater emphasis on multimedia when
choosing devices, the Note 7 also
supports so-called high-dynamic
range video content and the com- in time for the launch.
pany partnered with Amazon.com
Samsung drew attention to the
Inc to make such streaming con- extra security that an iris scanner
tent available in selected regions provides, because the human ret-
Galaxy Note 7 and stylus in a

tank of water. Note 7 will go on
sale starting Aug 19 and rollout gradually across the globe,
Samsung said. Photo by Bloomberg
ina is virtually impossible to replicate and more accurate.

Adding an iris-reading sensor was a positive move. But to
make a bigger splash, it needs to
be backed up by more of the financial and payments industry,
said Park Kang Ho, an analyst at
Daishin Securities Co in Seoul.
It isnt something that consumers would flock to. I dont think
the phone will sharply outsell the
previous Note 5 model.
The device announcement
comes at least a month before Apple is expected to unveil revamped
iPhones. The Note 7 will go on sale
starting Aug 19 and roll-out gradually across the globe, Samsung said.
The iris-scanning technology,
which relies on an infrared camera lens mounted on the front of
the phone, can also be used to
unlock a secure folder within the
Android operating system. The
iris detection is fast, identifying a
registered face and unlocking the
device in less than a second during a demonstration in London.
It also has a 12-megapixel
rear-facing camera. Compared
with its predecessor it has a higher capacity battery, faster performance, a lighter weight design and
a USB type C connector at the base
instead of the older, more common Micro USB port. The pressure sensitivity of the new pen
has been improved to be exactly
like a ballpoint, the company said.
Bloomberg
Emirates jet catches fire in Dubai, two Malaysians believed onboard

BY NOAH B RO WNI NG
DUBAI: Three hundred passengers

and crew escaped yesterday when
an Emirates passenger jet arriving
from India caught fire after a hard
landing in Dubai that brought the
worlds busiest international airport to a halt.
Video purportedly showed a tower of flame bursting from the front of
the Boeing 777-300 jetliner, and then
a thick black plume of smoke rising
into the sky. Reuters was unable to
verify the footage independently.
Photographs on social media
showed a plane lying crumpled
on the tarmac with black smoke
pouring from its upper section.
A spokesman for operator Dubai Airports said everyone aboard
flight EK521 coming from Thiruvananthapuram had been evacuat-
ed and emergency services were

managing the situation.
Two Malaysians are believed to be
among the passengers on the flight.
A man waiting for relatives on
the flight said he had spoken to
them by phone. They said theyre
safe and alright, but that they felt a
great panic as the plane was on fire.
Another man said his family had
also told him they were OK and
there had been a problem with the
landing gear.
It was actually really terrifying.
As we were landing there was smoke
coming out in the cabin, passenger
Sharon Maryam Sharji said. People were screaming and we had a
very hard landing. We left by going
down the emergency slides and as
we were leaving on the runway we
could see the whole plane catch fire;
it was horrifying. Reuters
An Emirates Airline ight is seen after it crash-landed at Dubai International Airport,

the United Arab Emirates yesterday. Photo by Reuters
THU RSDAY AU G U S T 4, 2016 T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 3
Serious mismatch in
housing supply
In terms of what is offered and what prospective buyers can afford
BY SU PRI YA SU REN DRAN
KUALA LUMPUR: The government, specifically the Deputy Minister of Finance 1 Datuk
Othman Aziz, said yesterday that
houses priced up to RM165,060
are considered affordable to a
median Malaysian household.
He said the figure was calculated based on the median multiple
methodology developed by Demographia International and recommended by the World Bank and
the United Nations to evaluate
urban housing markets.
Under the methodology, a house
is considered affordable if a household can finance it with less than
three times its annual household
income.
According to Bank Negara
Malaysia in its Annual Report
2016, half of Malaysian households earned a monthly income
of RM4,585 and below in 2014,
which suggests houses priced up
to RM165,060 are considered affordable to them.
However, only 21% of new
housing launches in Malaysia
were priced below RM250,000
in 2014, while developers are attracted to build higher-end properties priced above half a million,
said Othman.
There is a serious mismatch in
the property market in terms of
what is offered by property developers and what the prospective
buyers can afford to buy, said
the National House Buyers Association (HBA) honorary secretary-general Chang Kim Loong.
The HBA classifies affordable
PR1MA is even
allowing second-time
house buyers a chance
to ballot and buy
PR1MA properties.
properties as those costing between RM150,000 and RM300,000,

and with at least two bedrooms, a
built-up area of at least 800 sq ft,
excluding the balcony.
Unfortunately, in the eyes of
the developers, affordable properties are properties that cost up
to RM500,000 for first-time house
buyers and up to RM1 million
for second-time house buyers
or upgraders.
This is why there are so few
properties costing between
RM150,000 and RM300,000, and
the vast majority of new launches are in the range of RM500,000.
When there are properties priced
below RM500,000, most of these
are one-room studio apartments
with built-up [areas] of less than
600 sq ft (shoebox units) which
are not suitable for family living,
he said in an email to The Edge
Financial Daily.
The issue of lack of affordable
housing, however, has been in
the limelight in recent years and
is not a new one.
The worsening shortfall in
housing supply reflected the mismatch between the pace of growth
in the supply of new houses and
the net increase in the number of
households, particularly in the past

five years, said Othman yesterday
at the 2017 Budget Focus Group
Meeting on Accelerating the Supply of Afordable Housing.
Othman also noted affordable
housing initiatives by the government have gathered some momentum, though the current level of
housebuilding in the affordable
housing segment has not been sufficient to meet the demand.
One such initiative is Perbadanan PR1MA Malaysia (PR1MA),
which was established under the
PR1MA Act 2012 to plan, develop,
construct and maintain high-quality housing with lifestyle concepts
for middle-income households in
key urban centres.
Houses by PR1MA are going
for 20% below the market price,
according to Prime Minister Datuk Seri Najib Razak. Registration
is open to all Malaysians with a
monthly household income between RM2,500 and RM10,000, according to PR1MAs website.
A check on PR1MAs website
revealed that five out of the seven
of its developments in the central
region, which are open for balloting, are priced from RM267,000 to
RM315,000. The other two developments are around RM235,000.
This, however, still puts
these PR1MA houses above the
RM165,060 and below range that
is purportedly affordable for the
median Malaysian household.
HBAs Chang said PR1MA was
set up with very noble intentions
of providing affordable housing
to the people. However, PR1MA
has, along the way, lost its focus
and is now partnering with private developers to offer lifestyle

living, he opined.
PR1MA is even allowing second-time house buyers a chance
to ballot and buy PR1MA properties. As there is not enough supply
to meet the demand of first-time
house buyers, there is no rationale or logic in opening up PR1MA
properties to second-time house
buyers.
According to a PR1MA representative, there is an overwhelming registrants of 1.3 million in
their data bank. The question
then is why open for second timers when there is not enough for
first-time house buyers? asked
Chang.
He added that PR1MA has to
build the right product, at the
right place, with the right pricing
and of the right numbers.
On other housing initiatives
by the government, like Projek
Perumahan Rakyat (PPR), Chang
said this must be seen as separate from the current challenge
of providing affordable housing.
PPR is meant for the low-income segment, whereas the challenge of affordable housing is for
the median population of Malaysia. For PPR to succeed, there must
be strict vetting of applicants and
strict selection criteria to ensure
that there is no abuse.
Periodic checks must also be
conducted to ensure that the PPR
units are not rented out, especially
to foreign workers, and action must
be taken against any PPR occupant
who is caught renting out the PPR
unit, said Chang.
Tadmax to invite TNB in power plant project

BY GHO C H EE Y UA N
KUALA LUMPUR: Tadmax Resources Bhd, which has been

awarded the contract to develop
a 1,000mw power plant in Pulau
Indah, Selangor, is set to invite
Tenaga Nasional Bhd (TNB) to
participate in the project. Tadmax said this was decided by the
federal government.
Tadmax told Bursa Malaysia
yesterday that it has obtained the
letter of award from the government via the Energy Commission
for the combined cycle gas-fired
power plant project.
The letter of award is subject
to various conditions, including
finalising the terms of the agreement relating to the project with
relevant parties and further subject
to changes arising from negotiations prior to submission to the
Energy Commission, the timber-
project. The board of Tadmax will

be deliberating [on] and studying
the letter of award, it added.
Tadmax said it will make the
Flashback: July 4, 2016
appropriate announcement to
Bursa Malaysia when there are
material developments in relation to the project.
Yesterdays announcement
confirms a report by The Edge
weekly, in its July 4-10 issue,
which quoted sources as saying
that Tadmax had received the nod
for the 1,000MW combined cycle
gas turbine power plant project
that would cost around RM3 billion to develop.
This is not Tadmaxs first foray into developing power assets.
In 2013, the company was one of
seven that bid for Project 3B, a
cum-property developer said.
2,000MW coal-fired power plant
In line with the decision of the project, which was eventually
government of Malaysia, TNB is awarded to 1Malaysia Developto be invited to participate in the ment Bhd.
Tadmax had in April 2014

sought to dispose of the 60-acre
(24.28ha) piece of land in Pulau
Indah, after signing a sale and
purchase agreement (SPA) with
Inai Kiara Sdn Bhd.
The land, held under Tadmaxs
wholly-owned subsidiary Kirana
Abadi Sdn Bhd, was supposed to
be sold to Inai Kiara, controlled by
Guljar Mohamad Noor Mohamed,
for RM48.35 million.
But on June 24 this year, Tadmax and Inai Kiara mutually
agreed to terminate the SPA that
had been signed almost two years
earlier, with Tadmax returning
the RM4.8 million deposit to Inai
Kiara.
Shares in Tadmax rose four sen
or 8.7% to close at 50 sen yesterday, with 63 million shares exchanged, giving the company a
market capitalisation of RM239.72
million.
Filepic of TRC head oce in Ampang,

Selangor. TRC, together with the other
joint-venture partners are in the process
of incorporating a joint-venture company
purposely to undertake the project.
TRC wins
RM1.31b Pan
Borneo Highway
contract
in Sarawak
BY Y IMIE YO N G
KUALA LUMPUR: TRC Synergy

Bhd said a company, in which its
wholly-owned unit will have a 30%
stake in, has bagged a RM1.31 billion contract for the Pan Borneo
Highway project in Sarawak.
The subcontract from Lebuhraya
Borneo Utara Sdn Bhd is for the development and upgrading of the
stretch of highway between Batang
Skrang and the Sungai Awik Bridge.
TRC Synergy said that besides its
subsidiary Trans Resources Corp
Sdn Bhd (TRC), the joint-venture
(JV) company comprises Endaya
Construction Sdn Bhd and Pembinaan Kuantiti Sdn Bhd.
TRC, together with the other
joint-venture partners are in the process of incorporating a joint-venture
company purposely to undertake the
project. TRC will own 30% equity in
the JV company, TRC Synergy said.
Barring unforeseen circumstances, the board is of the opinion that the project will contribute
positively to the earnings and earnings per share of the TRC group in
the future, it added in a filing with
Bursa Malaysia yesterday.
Last month, Lebuhraya Borneo
Utara awarded four other contracts
for the Pan Borneo highway project
in Sarawak.
A JV between Naim Engineering Sdn Bhd and Gamuda Bhd was
awarded a package worth RM1.57
billion for the stretch from Pantu
Junction to Batang Skrang. Naim
Engineering is a wholly-owned unit
of Naim Holdings Bhd.
Naim holds a 70% stake in the JV,
while Gamuda owns the remaining 30%.
Mudajaya Corp Bhd, meanwhile,
bagged a RM1.33 billion contract
under the highway project, for the
stretch from Sungai Kua Bridge to
Sungai Arip Bridge.
The company said it will undertake the works together with
Musyati Sdn Bhd under a 70:30 JV.
Earlier, a JV between KKB Engineering Bhd and WCT Holdings Bhd
won a RM1.29 billion package, while
a JV between Bina Puri Holdings Bhd
and Cahya Mata Sarawak Bhd was
awarded a RM1.36 billion package.
The Pan Borneo Highway will connect Sabah and Sarawak. The estimated cost of the Sabah portion is RM2
billion, while the Sarawak portion
is estimated to cost RM800 million.
4 HOME BUSINESS
Complex structure
not an excuse
Effective oversight of subsidiaries a must BNM guidelines
BY C H ESTER TAY
KUALA LUMPUR: Financial institutions must ensure that their group

structure does not undermine their
ability to exercise effective oversight
of subsidiaries, according to Bank
Negara Malaysias (BNM) revised
guidelines on corporate governance.
The central bank stated in the
revised guidelines released yesterday that a financial institution is
responsible for exercising adequate
oversight of its subsidiaries, while
respecting the independent legal
and governance responsibilities
that apply to them.
Group structures can substantially increase the complexity
of the organisation of a financial
group. Complex structures involving a large number of legal entities
can exacerbate group-wide risks,
including risks arising from operational interdependencies, intra-group exposures, trapped collateral, counterparty concentrations
and reputational associations, the
guidelines stated.
An apex entity must establish
a clearly defined process for approving the creation of new legal
entities and other structures. This
should serve to ensure that the proposed structure fulfils a legitimate
business purpose, and [that] its associated risks are understood and
managed, it added.
The guidelines also state that a
financial institutions board and
senior management must know
BNM says the revised guidelines are eorts to raise the bar in corporate governance
across nancial institutions. The Edge le photo
and understand the group structure,

including changes over time, and assess the implications for the capacity
to identify and manage all material
risks across the group.
Apart from that, BNM has also
made it necessary for financial institutions to establish a whistle-blowing policy that sets out avenues for
legitimate concerns to be objectively
investigated and addressed.
Individuals must be able to raise
concerns about illegal, unethical or
questionable practices in confidence
and without the risk of reprisal, it said.
To this end, BNM said a financial
institution must clearly indicate the
parties to whom concerns can be escalated within the company, and ensure that individuals are made aware
of other avenues for whistle-blowing to regulators or law enforcement
agencies.
In a statement to the press, BNM
said the revised guidelines are efforts
to raise the bar in corporate governance across financial institutions.
Good governance is a critical

component of sound financial institutions and plays a key role in
maintaining public confidence
in the financial system, said the
central bank. The revised standards strengthen the conditions for
strong and effective boards, with
greater emphasis on a sound risk
culture and remuneration system
in promoting prudent risk-taking,
it added.
Financial institutions boards
are required to have at least half
of their members as independent
directors by Aug 3, 2019, under the
revised guidelines.
Also, the board of a financial institution must not have more than
one executive director without its
approval, and the chairman must
not have been an executive or have
served as chief executive officer of
the company in the past five years.
Financial institutions are also
required to have a robust succession plan.
A pricey deal for Green Packet?

BY A H MA D NAQ I B IDR IS
KUALA LUMPUR: Mobile solution

provider Green Packet Bhd has used
one-third of its cash pile to buy a 22%
equity stake in loss-making Yen Global Bhd for RM18.15 million, or 60 sen
per share, in a bid to venture into the
Internet of Things (IoT) business.
Yen Global shares were trading at
barely 20 sen a year ago. The fashion
apparel manufacturers share price
has staged a rally since October last
year, although it remained in the red.
The stock closed at 93 sen yesterday.
Before Green Packet, Taiwan-based Gemtek Investments Co
Ltd surfaced as a majority shareholder of Yen Global in June.
It is worth noting that Green Packet is paying eight sen extra for Yen
Global shares at 60 sen apiece, compared with Gemteks purchase price
of 52 sen per share for an additional
21% stake after it bought a 9.09%
stake at 50 sen per share through
a private share placement in June.
The rally in Yen Globals share

price gained momentum following
news of Gemteks increased stake.
The stock soared 52% from its closing
of 61 sen on June 30 to its closing of
92.5 sen yesterday. Year to date, Yen
Globals share price has risen 115%.
In an announcement to Bursa
Malaysia, Green Packet said it had
acquired 30.25 million shares in Yen
Global through off-market trades,
emerging as a substantial shareholder of the company. According
to Bloomberg data, the shares were
crossed off-market in seven tranches
yesterday. However, it was not known
who sold the shares to Green Packet.
Green Packets total purchase
consideration of RM18.15 million
would utilise a chunk of its coffers,
accounting for 32% of its cash balance
of RM56.22 million as at March 31. It
said the share purchase will be funded via internally generated funds.
The acquisition is in line with the
companys direction to make further
strategic investment to strengthen the
groups ICT equipment business,

Green Packet said in a statement.
According to Green Packet, Yen
Globals wholly-owned unit Atilze
Digital Sdn Bhd, formerly known
as VLT Wholesale Sdn Bhd, has entered into a distributorship agreement with Gemtek to be its distributor to promote, market and sell
products such as LTE, broadband,
IoT and other telecommunications
products in Southeast Asia.
Green Packet has identified IoT
as one of its immediate growth areas.
The acquisition enables the company to have exposure to the IoT
business without the need for direct involvement and spending in
research, development, sales and
marketing, it said.
For the third quarter ended
April 30, 2016, Yen Globals net
loss widened to RM5.31 million,
from RM2.34 million in the previous corresponding quarter. Revenue shrank 20% to RM6.16 million,
from RM7.66 million.
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theedgemarkets.com
DRB-Hicom revives plan to sell

The Verge in Singapore to new vendor
BY ME E N A L A K S H A N A
KUALA LUMPUR: DRB-Hicom

Bhd has revived plans to sell its 90%
stake in Singapore firm Corwin
Holding Pte Ltd, which owns The
Verge commercial development
in Serangoon Road, Singapore, to
a new vendor.
In a filing with Bursa Malaysia
yesterday, DRB-Hicom said its indirect wholly-owned subsidiary
Hicom Megah Sdn Bhd and minority shareholders of Corwin, namely
Mohamed Mustafa & Samsuddin
Co Pte Ltd and B.I. Distributors
Pte Ltd, had inked a non-binding
term sheet with Singapore-listed
Lum Chang Holdings Ltd (LCH) to
dispose of the entire 100% equity
interest in Corwin, comprising
14.5 million shares and 866,840
redeemable preference shares.
The sale is subject to terms to be
finalised in definitive agreements
for the proposed sale, it added.
DRB-Hicom said upon signing
of the term sheet, LCH will commence due diligence on Corwin,
and commence negotiations with
the vendors to agree and finalise
the terms of the binding definitive
agreements for the sale within a
month, or by another date to be
mutually agreed.
The term sheet is not intended
in any way to create legal relations
or to constitute a contractually
binding arrangement between the
parties, except for certain provisions i.e. [the] exclusivity period
and due diligence, confidentiality, counterparts and governing
law and jurisdiction, the company said.
DRB-Hicom said the proposed
disposal allows the group to unlock the value of its investment in
Corwin, based on the prevailing
market value of the property. The
Verge is a leasehold property with
an eight-level shopping mall building comprising six storeys and two
basement levels, as well as another eight-storey building known as
Chill @The Verge.
The company had first announced plans to dispose of its
90% stake in Corwin to Evolutyon
Real Estate Investment Holding
Pte Ltd for S$285.3 million, but
announced in May this year that
the deal was scrapped. DRB-Hicom
said the termination was due to the
inability of the purchaser to fulfil
its contractual obligations on the
agreed completion date.
Hicom Megahs total investment
in Corwin from 1997 to 2015 was
about RM224.94 million.
DRB-Hicom shares closed unchanged at RM1.02 yesterday,
with a market capitalisation of
RM1.97 billion.
Comintel partners Guineas govt to

develop ICT solutions worth RM174m
BY TA N S IE W MUN G
KUALA LUMPUR: Comintel Corp

Bhd has signed a memorandum of
understanding (MoU) to implement telecommunications and
information and communications technology (ICT) solutions
worth US$42.85 million (RM174
million) in the west African nation
of Guinea.
In a statement yesterday, the
electronic components manufacturer and assembler said it signed
the MoU with the government of
Guinea and Export-Import Bank of
Malaysia Bhd in Jakarta yesterday.
The two-year project to provide demand-driven innovative

telecommunications solutions that
can further improve service delivery in education, healthcare and
data management is expected
to commence early next year.
Comintel said the project focuses on supplying, installing and
commissioning telecommunications and ICT equipment, based
on needs and feasibility studies in
areas defined by Guinea.
Comintels share price fell 0.5
sen to 77 sen yesterday, with a
market capitalisation of RM107.1
million.
MPI appoints Brandulas as MD

BY TA N S IE W MUN G
KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) has

named Manuel Zarauza Brandulas its new managing director
(MD) to succeed Peter Nigel Yates
who will retire on Aug 8.
According to the semiconductor players bourse filings,
the 45-year-old Brandulas joined
HLMG Management Co Sdn Bhd
(HLMGMC), a related company,
as MD in 2015.
He brings with him 22 years of
working experience across various
manufacturing sectors, it said.
Prior to joining HLMGMC, he
was with Seoul Semiconductor
as MD, and during his five-year

stint in Seoul Semiconductor, he
was instrumental in driving the
company to achieve its first US$1
billion worldwide revenue.
Brandulas holds a Master of
Business Administration from the
University of Bath in the UK, besides a masters degree in leadership and organisation from Madrids Instituto de Ia Empresa.
Meanwhile, the 60-year-old
English Yates has been the groups
MD since Nov 1, 2009.
MPI rose two sen to settle at
RM8.07 yesterday, with a market
capitalisation of RM1.61 billion.
Year to date, the counter has declined 13.32%.
HOME BUSINESS 5
Lacklustre results season ahead

Expectations of improved earnings muted
BY TA N SI EW MU N G
KUALA LUMPUR: Another report

card season is starting and companies are gearing up to show what
they have achieved in the second
quarter of the year. Expectations
of improved earnings are muted,
however, as there have been few
signs that business activities have
picked up much.
As expectations are low to begin
with, given that analysts have already
cut their earnings forecast for the
likely suspects after the first-quarter
results were out, the season isnt likely to be a big disappointment either.
Still, James Lau, investment director of Pheim Asset Management
Asia, pointed out that earnings
downgrade risks remain, specifically for firms in the technology,
export-oriented and media sectors.
Semiconductor firms have to
contend with muted growth in technology demand, intense competition and high expectations among
analysts, which are among the reasons why Lau thinks the sector faces
earnings downgrade risks.
As for export-oriented firms,
he opined analysts have been
over-bullish on capacity usage and

demand for furniture makers. Lau
said it takes time for markets to develop, particularly with new product ranges, such as ready-to-assemble furniture kits some of these
firms are offering.
Another export favourite glove
players faces similar earnings
downgrade risks, said Lau, due to
cost pressure, which resulted in
lower margins.
A case in point: nitrile glove
player Hartalega Holdings Bhd announced on Tuesday that for its first
quarter ended June 30, net profit had
declined 10.4% to RM56.2 million
from RM62.7 million a year ago as
price competition and costlier raw
materials ate into its profit margin.
Its weaker performance was after its peer Top Glove Corp Bhd
posted an earnings drop of 13.58%
year-on-year (y-o-y) to RM62.46
million in the third quarter ended
May 31, 2016.
Meanwhile, media firms earnings should continue to come under
pressure due to weak consumer sentiment, leading to weak advertising
expenditure (adex), according to Lau.
Media Prima Bhds net profit
Earnings downgrade
risks remain,
specically for rms
in the technology,
export-oriented and
media sectors.
fell 8.7% y-o-y to RM17.25 million
in the first quarter ended March
31, while Star Media Group Bhd
also saw its net profit fall 41.65%
to RM15.49 million, partly dragged
down by lower adex.
Etiqa Insurance & Takaful head
of research Chris Eng said some
y-o-y earnings contractions are
expected.
I think the majority wont have
exciting earnings in the upcoming
results, as there are no signs of any
pickup in terms of business and activities, said KAF Investment Funds
Bhd chief investment officer Gan
Kong Yik when contacted.
While most sectors are expected to post lower or flat earnings in
the quarter ended June 30 given
the current challenging econom-
ic landscape, fund managers are

of the view that firms involved in
essential consumer products are
likely to buck the trend given the
low commodity prices.
Gan opined that companies like
Dutch Lady Milk Industries Bhd
and Nestle Malaysia Bhd have benefitted from low commodity prices,
with their products insulated from
weak consumer sentiment.
Eng also expects selective consumer counters to announce better earnings as their performances
last year were dragged down by the
goods and services tax.
Fraser & Neave Holdings Bhd
announced on Tuesday it recorded
a revenue of RM1.1 billion, while its
net profit grew 12.8% to RM93.55
million for the third quarter financial results ended June 30, 2016,
from RM82.93 million a year ago,
on higher contribution from its
Thailand operations.
Gan opined that some exporters,
especially furniture manufacturers,
will make better profit compared
with last year, as housing sales in the
US are picking up, and some may
still enjoy some foreign exchange
gains when compared with last year.
Gan cited Poh Huat Resources

Holdings Bhd as an example, as all
of its products are exported to the
US at a time when the ringgit started to weaken against the US dollar,
making it cheaper for Americans to
buy Malaysian products.
Poh Huats net profit, however,
fell 14.4% y-o-y to RM3.88 million
in the second quarter ended April
30, 2016. Gan does not think that
this means the furniture makers
earnings would dip in the second
half of the year.
He also expects banks earnings
to stay weak as net interest income
is contracting and loan growth is
declining.
Meanwhile, Eng sees some earnings upside for construction players
as some mega projects had been
awarded earlier and should be reflected in their current results.
Gan, however, opined that the
construction sector may only see
meaningful earnings contribution
in the fourth quarter.
Lau sees infrastructure contract
awards to increase with the rollout of the Suke and Dash highways, the LRT3, MRT2 and the
Pan Borneo Highway.
Share prices soar but consumer sentiment remains weak

BY GHO C H EE Y UA N
KUALA LUMPUR: The FTSE Bursa Malaysia Consumer Stock Index

(KLCSI) reached its highest level in
five years as investors went for consumer staple stocks amid the volatile
market. But analysts said this does
not reflect expectations of a significant rise in consumer spending.
Pointing to statistics that show
domestic consumer sentiment is
still weak, most of them think it
would take a long time for spending
to return to higher levels.
Yesterday, the KLCSI closed 2.4
points or 0.39% at 605.29. It hit a
five-year high of 614.42 on July 19.
The indexs strong showing follows the sharp rise in the prices of
selected consumer counters which
are defensive in nature. They include
Nestle (M) Bhd, Fraser & Neave
Holdings Bhd (F&N), Panasonic
Manufacturing Malaysia Bhd and
Padini Holdings Bhd. These companies recorded gains ranging from
14.26% to 113.41% over the past year.
This is in sharp contrast to the
benchmark FBM KLCIs 4.47% loss
during the same period.
Nestle, F&N and Dutch Lady
Milk Industries Bhd attracted interest over the past few months as
investors believed these firms were
going to benefit from low commodities prices, thus pushing up
their upcoming results on margin
expansion.
For Padini, although it was not
defensive in nature, the retailer is
set to benefit from its market position. Investors expect the company
FTSE Bursa Malaysia Consumer Stock Index (KLCSI)
KLCSI
Index point
640
605.29
615
590
565
540
Aug 4, 2015
Aug 3, 2016
to deliver record earnings and drive

its share price higher.
The current rise of the KLCSI
has naturally led to some market
watchers to argue that the bad
days of retailing may have come to
an end. They suggest that investors
are putting money into consumer
product-related stocks, following
the slight rebound in the Consumer Sentiment Index (CSI) recently.
According to the Malaysian Institute of Economic Research, the
CSI has rebounded for two straight
quarters, rising to 78.5 points in
the second quarter of 2016 (2Q16)
from its all-time low of 63.8 points
in 4Q15. But as the research firm
pointed out, the current level remains well below the threshold
level of optimism of 100 points.
Analysts, thus, are of the view
that the surge in the KLCSI does
not indicate a recovery in consumer sentiment.
NAME
PPB Group Bhd

Nestle Malaysia Bhd
British American Tobacco
Malaysia Bhd
UMW Holdings Bhd
QL Resources Bhd
Heineken Malaysia Bhd
Carlsberg Brewery Malaysia Bhd
Oriental Holdings Bhd
Dutch Lady Milk Industries Bhd
MSM Malaysia Holdings Bhd
Hong Leong Industries Bhd
Karex Bhd
Panasonic Manufacturing
Malaysia Bhd
Padini Holdings Bhd
WEIGHT
(%)
14.31619
14.141393
LAST YEAR TO DATE ONE YEAR

PRICE
GAIN/LOSS GAIN/LOSS
(%)
(%)
15.82
79.4
-0.50
8.47
6.49
14.26
10.803993
49.5
7.298506
26.1
5.057732
5.75
4.170675
4.4
4.125403 17.96
3.411513 14.56
3.128702 6.66
3.110919 63.92
2.610842 4.89
2.213997
9
1.789068
2.35
-11.73
41.08
-26.94
2.56
38.54
24.44
-3.89
35.35
-1.41
53.87
-14.65
-21.93
46.31
-41.38
4.67
37.25
23.08
-4.77
42.53
2.71
68.37
1.65
57.17
44.78
81.33
113.41
They (consumer staple stocks)

piqued investors interest simply
because they are defensive in nature. These stocks would be a good
option for them to park their monies, given that the stock market will
still be disturbed by some shortterm headwinds, said an analyst.
Another analyst with a local
investment bank believed that the
recent uptick on the Bursa Consumer Index was due to fund flows
into defensive or safe haven companies which most consumer
companies are.
The recent move by Bank Negara Malaysia to cut overnight policy
1.772565
1.349145
38.16
2.69
rate further elevates spending to an

extent and spurs economic activity,
which support consumer companies, the analyst said, adding that
there was a lag between consumer
sentiment and impact on companies financial results. Hence, it is
unlikely that the Bursa Consumer
Index is a precursor to the recovery
of consumer sentiment.
Another local bank-backed consumer sector analyst concurred,
saying that the CSI would normally
be one of the indicators they look at
to measure the recovery of private
consumption.
Although there was recov-
ery, the latest statistic suggests

that consumer sentiment is still
weak as it is still below the 1998
Asian financial crisis level, she
told The Edge Financial Daily over
the phone.
Another bank-backed analyst
pointed out that people tend to
conserve more cash in their pockets
instead of spending it on shopping.
Consumers are cautious in their
spending. They will cut spending
on non-essential items and reduce
their debts, the analyst said.
This is despite the governments
efforts to boost private consumption by offering RM2,000 tax relief
for two million Malaysians and
lowering the Employees Provident
Fund contribution rates.
In our view, we do not think
[these moves by the government]
can spur private consumption, she
said, as worries over higher prices
continue to grow among the people.
Going forward, analysts do not
expect a sharp rise in consumer
sentiment and purchasing power, given that domestic and global
uncertainties are likely to remain.
By right, our consumer sentiment and purchasing power
should recover after one year of
implementing the goods and services tax. Our [condition] is a little complex as we are affected by
external factors on top of the domestic political [scenario], noted
an analyst.
Most analysts said the recovery pace is likely to be the same as
1Q16 and 2Q16, both of which saw
an average growth of five points.
6 HOME BUSINESS
Were not current principal

supplier of Msian passports
No such issue of chips delivered having been rejected, says Datasonic
BY SU PRI YA SU RENDRAN
KUALA LUMPUR: Datasonic Group

Bhd said it is not the current principal supplier of Malaysian passport
booklets and chips to the home
ministry or Kementerian Dalam
Negeri (KDN).
Its statement yesterday came
after recent news reports stated
that the company was the principal
supplier of passports, and that the
chips used on the data page allegedly had defects.
This role [of principal supplier]
is undertaken by Percetakan Keselamatan Nasional Sdn Bhd (PKN),
which was previously part of the
governments National Printing Department. Privatised in 1990, PKN
was recently granted a six-month
extension to supply two million
passport booklets and chips from
June 1, 2016 to Nov 30, 2016 by the
government, said Datasonic.
Meanwhile, Datasonic said it
Shell Malaysia
to add over 20
new stations
in 2016
BY A HMA D NAQIB IDRIS
KUALA LUMPUR: Shell Malaysia

Trading Sdn Bhd, the retail arm
of Shell Malaysia, is targeting to
open over 20 new fuel stations
across Malaysia this year to maintain its leading position in terms
of market share.
Currently, we have over 900
stations and for this year, we plan
to add over 20 stations all over Malaysia. About a third of the stations
have already been opened, said
its managing director Datuk Azman Ismail. Azman, however, declined to reveal the total amount
to be invested in new stations.
He added that while the group
is still focusing on improving its
products, Shell Malaysia will be
putting more emphasis on improving its services.
We want to make sure we have
a good split between improvement in the non-fuel segment
and fuel segment. We are already
on that journey, he said, adding
that the group had launched the
food oasis concept at some of its
existing outlets, with more outlets
to be upgraded this year.
Azman spoke to the media yesterday, on the sidelines of the unveiling of Shell Malaysias Celebrating 125 Years art project involving
famous artists such as Datuk Lat,
Cheeming Boey, Sabek, Yap Hanzhen, Amey Sheikh Ali, Caryn Koh,
Tom Powell and Dmojo.
was awarded the contract to supply Malaysian passport chips for

five years, via its wholly-owned
subsidiary Datasonic Technologies
Sdn Bhd (DTSB), on Dec 15 last
year. The deal entails 12.5 million
passport chips from Dec 1 2016 to
Nov 30, 2021, for a contract sum of
RM318.75 million.
On April 27, 2016, DTSB accepted another letter of agreement from
KDN, this time for the supply of
13.42 million Malaysian passport
documents, also for the same tenure, for RM223.38 million.
Datasonic will be the new subcontractor for PKN for the supply of
two million chips that will be embedded into the polycarbonate data
pages. The first discussion on the
terms and conditions and [the] draft
subcontractor agreement by PKN already started on July 29, 2016, it said.
If everything goes smoothly, a
subcontractor agreement between
PKN and Datasonic for the supply
of two million chips to PKN is expected to be signed, it added.

The company said from April to
July this year, Datasonic delivered
1.02 million units of polycarbonate
data pages to PKN, comprising
121,000 thin polycarbonate data
pages and 899,252 thick polycarbonate data pages with embedded
chips. The average monthly delivery
from April to July was 255,063 units.
The actual migration to the new
passport with embedded chips in
the polycarbonate data pages started on May 16, 2016. The utilisation
of new polycarbonate data pages
with embedded chips in May 2016
was less than 55,000 units, it said.
The passing rate of the chip
after 100% quality control by Trub
AG, Switzerland, before shipment,
[and] 100% incoming quality control by Datasonic and PKN, is more
than 99.76%. Therefore, there is no
issue of the quality of the chips.
As of June 24, 2016, out of the
523,940 units of chips that had been

delivered and verified by the main
contractor before production, the
rejection rate of chips was very
small, only 0.24%. There is no such
thing as a large number of chips
delivered to the main contractor
having been rejected due to defects, said Datasonic.
Meanwhile, Datasonic said a new
process of using the e-Gate, that is
to open the data page and place it
on top of the reader, as shown in a
notice on the e-Gate, is supplied
and maintained by another vendor.
This new process, as recommended by the International Civil Aviation Organization, is to enhance the security of border control
and accepted worldwide.
All the new and old passport
holders will not encounter any
problem in using [the] e-Gate as
long as they follow the new process
of reading to enhance the security
of border control, said Datasonic.
Hartalega to see earnings

recovery in coming quarters
BY BILLY TO H
KUALA LUMPUR: Hartalega Holdings Bhds first quarter ended June

30, 2016 (1QFY17) results, announced on Tuesday, fell short of
expectations and triggered a selldown in its shares yesterday, leading to 16 sen or 3.77% being shaved
off its stock to settle at RM4.08.
Net profit contracted 10.4% to
RM56.2 million, which accounts
for 19.5% of Bloombergs consensus estimate for its FY17 results,
even though revenue grew 25.4%
to RM401.8 million.
CIMB Equity research analyst Walter Aw said the underperformance
was due to lower margins from a decline in average selling prices (ASPs),
especially in the nitrile butadiene
rubber (NBR) segment, an overall
increase in operating costs, and a
weaker US dollar against the ringgit.
Nevertheless, most research
houses remained optimistic that
Hartalega will see gradual earnings
recovery in the coming quarters.
One of the main reasons for the
underperformance was the below-average utilisation [capacity] rate of 82%
during the quarter as a result of some
ongoing production issues at some of
its plants. We understand that most
bottlenecks were resolved in June and
the utilisation rate had risen to around
88% during June, and July, an analyst
with a local fund house said.
She added that a lag in transferring
currency and raw material effects, as
well as the 17% hike in gas tariff last
Hartalegas revenue and net prot
500
Revenue
(RM mil)
Net profit
(RM mil)
80
400
70
300
200
60
100
0
1Q
1Q
3Q
FY16
4Q
1Q
FY17
50
December, further dragged margins

during the quarter.
Looking ahead, with the gradual ramp-up of Next Generation
Integrated Glove Manufacturing
Complex, we should see earnings
rise, she said.
There is also the general view that
there will be a slight recovery in nitrile
gloves average selling price. Aaron Kee
from Affin Hwang Investment Bank
shared: Our channel checks also indicate a slight recovery in nitrile gloves
US dollar ASP by up to 5% across the
sector in the second quarter.
Another positive takeaway from
Hartalegas results announcement
is its plan to slow down the commercialisation pace for the incoming capacity of its expansion plans.
We are positive on this news as it
will enable Hartalega to concentrate
on recovering its margins from recent
volatility in currency, raw materi-
al prices and [the] hike in gas tariff.

Furthermore, we think slower capacity growth will help improve the demand-supply dynamics, MIDF Equity
research analyst Noor Athila Mohd
Razali noted in her research report.
While research houses, by and
large, remained positive on Hartalegas FY17 earnings, Bloomberg consensus ratings showed 33% had a
sell call on the stock, while 60% kept
a hold rating; only one research
house had a buy call after its firstquarter earnings were announced.
Maybank Investment Bank research analyst Lee Yen Ling told
The Edge Financial Daily that while
long-term investment is generally a good idea for glove counters,
Hartalegas valuation of 24 times its
2017 price-earnings ratio remains
expensive, despite having fallen by
31.3% year-to-date.
Aw from CIMB Equity echoed Lees
sentiment in his research report: We
believe Hartalegas current valuations
are unjustified, given its non-existent
pricing premium and dwindling margins in [the] NBR segment, he added.
However, M&A Securities analyst
Choo Hock Chuan, who has a buy
call on Hartalega, deemed current
latex prices and US dollar-ringgit exchange rates as favourable to Hartalega, price competition notwithstanding.
A possible interest rate hike in
the US in the second half of 2016
that could lift the US dollar against
the ringgit, and growing demand
for gloves were the main reasons
for his optimism.
ECS ICTs net

profit shrinks
on dampened
ICT demand
in arduous 1H
BY S A N G E E T H A A MA RT H A L IN G A M
KUALA LUMPUR: ECS ICT Bhds

net profit shrank 21.3% to RM6.3
million in the second quarter ended June 30, 2016 (2QFY16), from
RM8 million in 2QFY15, due to
dampened demand for information and communications technology (ICT) products from the
consumer and enterprise sectors.
Quarterly revenue dropped
4.44% to RM400.18 million, from
RM418.8 million last year, it said
in a filing with Bursa Malaysia
yesterday.
It said lower sales of mobility
products of tablets and smartphones caused a 1.9% revenue dip
in the ICT distribution segment
to RM312.3 million in 2QFY16,
from RM318.3 million previously.
Slower take-up of servers, storage products and software, meanwhile, resulted in the enterprise
system segment posting a RM79.9
million revenue, versus RM89.7
million a year ago.
Revenue from ICT services
declined to RM8 million, from
RM10.8 million in 2QFY15, which
led to the groups net profit falling
to RM6.3 million in 2QFY16, from
RM8 million a year ago, ECS said
in a separate statement.
In the groups first-half period
ended June 30, 2016 (1HFY16), net
profit tumbled 34.2% to RM11.4
million, or 6.3 sen per share, from
RM17.4 million a year ago.
Revenue came in 11.3% lower at
RM834.9 million in 1HFY16, versus RM941.6 million in 1HFY15.
ECS distributes ICT products, besides software, network
and communication infrastructure, servers and enterprise software from more than 30 leading
principals.
Its chief executive officer Soong
Jan Hsung said ECS faced an arduous first half, as it was affected
by slower retail and enterprise
spending nationwide.
That said, Malaysians have
proven time and again to be early
adopters of exciting and advanced
technologies, so we want to capitalise on this. This year, we have
expanded our product portfolio
with the latest technologies, such
as virtual reality goggles, smartwatches as well as commercial
drones, and our sales team is actively working [on] the ground to
develop a new channel to reach
potential customers, he said.
Soong expressed hope for high
growth for the new technologies
to complement steady demand for
established ICT products.
He added that the group targets
to expand its current smartphone
portfolio in the second half of
2016 to cover a broader market
segment from affordable to premium brands.
ECSs share price closed one
sen or 0.66% higher at RM1.53
yesterday valuing it at RM275.4
million.
8 ST O C KS W I T H M O M E N T U M
Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and rst appeared at www.theedgemarkets.com.
Please exercise your own judgement or seek professional advice for your specic investment needs. We are not responsible for your investment decisions.
Our shareholders, directors and employees may have positions in any of the stocks mentioned.
AE MULTI HOLDINGS BHD (-ve)

SHARES in AE Multi Holdings Bhd (AEM)
(fundamental: 0.55/3; valuation: 0.9/3) triggered our momentum algorithm yesterday,
after some 36.56 million shares changed
hands. Its 200-day average volume is 2.44
million shares.
The counter closed 1.5 sen or 10% higher
at 16.5 sen and was the ninth-most actively
traded counter on the local bourse.
AEM, which manufactures and sells printed circuit boards and related products, announced on June 16 it had inked a heads of
agreement with JMT Kelantan Baru Sdn Bhd
AE MULTI HOLDINGS BHD
that would pave the way for it to venture into

renewable energy (RE).
JMT holds two feed-in tariff approvals for
RE installations, and two power purchase
agreements to sell electricity from the installations to Tenaga Nasional Bhd (TNB). It is
planning two 10MW integrated flood mitigating mini-hydropower projects in Kelantan.
Under the proposed tie-up, JMT shall grant
AEM the right to operate the Kelantan projects
for which AEM shall be entitled to 80% of the
profit from the power sale to TNB. But AEM
has to pay JMT RM140 million as investment.
Valuation score*
0.90
0.55
Fundamental score**
TTM P/E (x)
TTM PEG (x)
0.83
P/NAV (x)
TTM Dividend yield (%)
38.37
Market capitalisation (mil)
Shares outstanding (ex-treasury) mil 255.78
0.78
Beta
0.10-0.16
12-month price range
*Valuation score - Composite measure of historical return & valuation
**Fundamental score - Composite measure of balance sheet strength
& protability
Note: A score of 3.0 is the best to have and 0.0 is the worst to have
NESTLE (M) BHD (-ve)

SHARES in Nestle (M) Bhd (fundamental:
1.95/3; valuation: 1.7/3) triggered our momentum algorithm yesterday for the first
time since we started tracking.
The counter rose as much as 98 sen or
1.23% to its intraday high of RM80.38. It closed
unchanged at RM79.40 yesterday, after some
195,200 shares changed hands. Its 200-day
average volume was at 19,827 shares. Year
to date, the counter has risen 10.1%.
For the first quarter ended March 31, 2016,
NESTLE (M) BHD
Nestles net profit rose 17.46% to RM220.68

million from RM187.88 million, on higher
turnover and favourable trends in prices of
most raw materials.
Revenue grew 2.34% to RM1.31 billion
from RM1.28 billion, due to higher domestic
sales and exports.
The stock currently trades at a trailing
12-month price-earnings ratio of 29.86 times
and is at 22.1 times its book value. Its trailing
12-month dividend yield is 3.27%.
Valuation score*
1.70
1.95
Fundamental score**
29.86
TTM P/E (x)
2.41
TTM PEG (x)
22.08
P/NAV (x)
3.27
18,619.30
Shares outstanding (ex-treasury) mil 234.50
0.11
Beta
69.21-80.00
& protability
POS MALAYSIA BHD (+ve)

SHARES in Pos Malaysia Bhd (fundamental:
2.2/3; valuation: 1.4/3) rose 6 sen or 2.11% to
RM2.90 yesterday, after 8.54 million shares
were exchanged. Its 200-day average volume
was at 1.01 million shares.
Yesterday was the first time this month
the counter has triggered our momentum
algorithm.
For the financial year ended March 31,
2016 (FY16), the postal service provider saw
its net proft dip 50.34% to RM63.09 million,
POS MALAYSIA BHD
from RM127.05 million a year ago, due to

lower profits from the mail and retail segment because of higher transportation cost.
Revenue, however, grew 15.44% to
RM1.72 billion from RM1.49 billion. Pos
Malaysia has proposed a first- and single-tier dividend of 11.7 sen per share for
FY16, payable on Oct 7.
Pos Malaysia currently trades at a trailing
12-month price-earnings ratio of 24.17 times
and is trading at 1.39 times its book value.
Valuation score*
1.40
2.20
Fundamental score**
24.17
TTM P/E (x)
(0.48)
TTM PEG (x)
1.37
P/NAV (x)
4.61
1,525.15
537.03
Shares outstanding (ex-treasury) mil
0.84
Beta
2.08-4.22
& protability
HOME BUSINESS
BCM Alliance gets

Bursas nod for IPO
KUALA LUMPUR: BCM Alliance Bhd,
en route a listing on the ACE Market of
Bursa Malaysia by October, has received
Bursa Securities nod for its initial public
offering (IPO).
The proposed IPO will involve the
issuance of 84.25 million new shares
in the laundry equipment and medical
device distributor, representing 20% of
its enlarged issued share capital. Of the
84.25 million new shares, 22 million new
shares will be made available to the Malaysian public via balloting and 9 million
new shares for its eligible directors and
employees. The remaining 53.25 million
new shares are earmarked for private
placement to selected investors.
As part of its listing exercise, the existing shareholders of the company will
also make an offer for sale of 42.13 million shares to selected investors by way
of private placement.
Proceeds from the IPO will be used
to set up a chain of 11 new Speed Queen
self-service launderette outlets as concept
stores throughout Malaysia, purchase of
new commercial laundry equipment and
medical devices, defray listing expenses
for the IPO, and for working capital.
BCM managing director Liaw Chong
Lin said the IPO will give the company
greater financial flexibility to pursue future growth opportunities.

Once we are listed, we will be on a
much stronger footing to grow our commercial laundry equipment and medical
device businesses, he said in a statement
yesterday.
BCM said the setting up of Speed
Queen outlets around Malaysia is expected to help establish and expand its
market presence and customer base in the
commercial laundry equipment industry.
It is also expected to enhance the companys marketing and increase brand
awareness of the Speed Queen brand of
vended commercial laundry equipment
in Malaysia.
New York-listed Alliance Laundry Systems LLC had in August last year given
its authorisation to BCM Group to use
its Speed Queen store design, floor plan
and layout for its self-service launderettes
in Malaysia.
Apart from Speed Queen, BCM is also
the exclusive distributor in Malaysia for
Steris, Albert Browne, Hitachi, Medifa and
Ziehm brands of medical devices, and a
non-exclusive distributor in Malaysia for
commercial laundry equipment such as
Huebsch, Lapauw, Maxi, Forenta, Renzacci, Jensen, Senking, Domus and Sea Lion.
Malaysia Debt Ventures to

raise RM1b via sukuk
KUALA LUMPUR: Technology financier
Malaysia Debt Ventures Bhd (MDV) plans
to raise RM1 billion via sukuk in the fourth
quarter of this year in an effort to increase
its lending ability, including to start-ups.
Managing director and chief executive
officer Datuk Md Zubir Ansori Yahaya said
the new sukuk issuance, the companys
second Islamic bond issuance, would
likely have a government-guarantee status.
He said it is now awaiting approval from
the Ministry of Finance (MoF).
We are quite confident [of obtaining
the government guarantee] based on our
presentation to [MoF]. We just have to
rebrief and present this proposal to the
MoFs new minister (second Finance Minister Datuk Johari Abdul Ghani), he told
reporters on the sidelines of MDVs Hari
Raya open house yesterday.

Md Zubir said the funds from the new
sukuk, which will likely have a 10- to 15year tenure, could be rolled out and replenished until end-2017.
MDV is a venture capital firm wholly-owned by the Minister of Finance Inc.
The company issued a RM1.5 billion
sukuk in 2008 as an alternative way to
raise funds.
To date, it has approved a total of RM9.8
billion in financial support to 700 innovation, technology and information technology-based companies, including Iris Corp,
Puncak Semangat and MOL Global Inc.
The company, which has reported profits for the last six years, started paying
dividends to the government five years
ago. Bernama
M3 Tech eyes RM22b global

outdoor LED display market
KUALA LUMPUR: M3 Technologies
(Asia) Bhd is eyeing the RM22 billion
global outdoor light-emitting diode
(LED) display market to maximise its
profitability and increase shareholders wealth.
Its managing director Lim Seng Boon
mentioned that Persistence Market Researchs global market study released
in 2015 said the global outdoor LED
display market was anticipated to grow
from US$5.57 billion in 2014 to US$15.71
million by 2021. [We have] huge business opportunities for our rights issue
to fund and tap this RM22 billion market. We are trying our best to introduce
many of our new products so that we can
maximise our companys profitability
and increase our shareholders wealth,
he said in a statement yesterday.
The outdoor LED displays comprise
LED display products such as LED billboards, mobile LED screens, LED video
walls for indoor/outdoor applications
and LED matrix displays.
They are used in television studios,
airports, trains, bus stations and malls,
among others. Bernama
P R O P E RT Y 9
Sunway Property to set up

regional office in Penang
Building is scheduled for completion in April 2017, says developer
BY LU M K A K AY
o f The Edge Pro p e r t y.c o m
(From left) Sunway Property Penang project director Lim Beng Hoe, general manager
Ahila Ganeson, Sunway Bhd deputy managing director of property development
division for Malaysia and Singapore Tan Wee Bee and Cheah at the ocial
groundbreaking ceremony of Sunway Property @ Anson yesterday.
PETALING JAYA: Sunway Bhds

real estate arm Sunway Property
is setting up a regional office and
sales gallery in Penang, which is
scheduled for completion in April
2017, the developer said in a statement yesterday.
In support of the local governments green initiatives, Sunway
Property is building a 2-storey office
with a sustainable design setting
on a 20,000 sq ft parcel at Jalan
Anson beside Wisma TNB, it said.
The company said it also aims
to obtain the Green Building Index
certification for its office building
and is working towards complying
with the Green Office Project a
rating tool developed by the Penang

Green Council to promote adherence to sustainability principles.
Sunway Bhd managing director of the property development
division for Malaysia and Singapore Sarena Cheah said: We are
pleased to finally reveal our plans
for Sunway Property @ Anson to
all Penangites.
The office and sales gallery will
provide a state-of-the-art facility
that offers convenience and a quality experience for our customers
and visitors to better understand
our integrated products across various regions in Malaysia.
Meanwhile, Sunway Property
also unveiled the We are Sunway
campaign, gathering the groups
business units in Penang, namely
property, hospitality, retail, healthcare, education, manufacturing,

and trading to provide a sustainable
living for Penangs communities.
Cheah said that Sunway Bhd will
be busy in Penang over the next five
to eight years with several development projects that have a total development value of RM5 billion. She
said the projects would be spread
over its existing 80ha of undeveloped
land bank. It will include a township
at Paya Terubong on the island and
a 150-bed hospital at Seberang Jaya
on the mainland.
This article was first published in
TheEdgeProperty.com. Check out the
website for the latest property news and
listings.
Russian real estate market hit

BY PAU L A B EL SK Y
& VL A DI MI R KUZNETSOV
MOSCOW: By revoking the licenses of lenders deemed mismanaged

or under-capitalised, the unprecedented clean-up has emptied every
sixth bank storefront in Moscow,
leaving as much as 100,000 sq m
of office space vacant since the
start of 2015, according to Colliers
International. Base rental rates for
Class B offices in dollar terms fell
by more than half since mid-2013
to US$204 (RM828.24) per sq m
last quarter.
With banks disappearing from
bedroom communities to the downtown area, the impact on the property
market is becoming substantial, the

real estate company said in a report.
As the regulator winnows down
banks, their exodus is rippling
through the property market because
the financial industry accounts for
9% of rented office space in Moscow.
More than a quarter of all lenders
have been shut down since Bank of
Russia governor Elvira Nabiullina
took over in 2013.
Even banks that havent lost their
licences are beginning to retrench,
downsizing their operations and
cutting back on office expenses,
according to Colliers. Thats now
compounding the fallout from the
regulatory sweep, it said.
The withdrawals of bank licenc-
es are in general having a moderate

impact on Moscow street retail, said
Nikolay Kazanskiy, managing partner at Colliers International Russia.
However, in combination with the
continuing streamlining of existing
bank networks, the impact is getting
stronger.
Of the former bank properties
that had come into the market at
the start of 2016, half were still unoccupied at the end of the second
quarter, and some have stood empty
for almost a year, according to the
report. Considering the challenge
of retrofitting such offices for a different business, the likeliest new
tenants are usually other banks,
Colliers said. Bloomberg
KIWI PROPERTY HOTSPOT ... If you cannot beat them, move. New
Zealanders priced out of Aucklands housing boom are fuelling another one about 90
minutes drive away. House prices in Hamilton, the nations fourth-most populous city, have
surged 31.5% in the past year to an average NZ$513,094 (RM1.5 million). For seven straight
months, Hamilton has seen the highest annual house-price growth of any region in New
Zealand where national values are now 45.4% above their 2007 peak. Bloomberg
5.98
128.98
10 B R O K E R S C A L L
KLCCPSGs
1HFY16 results
within expectations
KLCC Property Stapled Group
(Aug 3, RM7.51)
Maintain hold with a higher target
price (TP) of RM8: KLCC Property Stapled Group (KLCCPSG) reported first half of financial year
2016 (1HFY16) results that were
in line with our and the streets
estimates. Revenue and operating
profit saw marginal growth yearon-year (y-o-y), given steady contributions from the office and retail segments. A second interim
dividend per share of 8.6 sen has
been proposed for the second quarter of FY16 ended June 30, 2016
(2QFY16), compared with 8.34 sen
in 2QFY15.
KLCCPSG reported a profit
after tax and minority interest
of RM360.6 million for 1HFY16,
a 0.6% growth y-o-y, coming in
within our and the consensus
expectations, making up 48% of
forecasts. While revenue saw a
2% y-o-y growth to RM669.3 million, operating costs were up by
6.8%, causing the earnings before interest and tax margin to
fall by 1.1 percentage points to
74.5%. Despite a higher 1HFY16
revenue of RM71.1 million, which
was 7.6% higher y-o-y, from hotel
operations, the unit made an operating loss of RM1.8 million for
the quarter due to weaker market
conditions, resulting in a 1HFY16
loss before tax of RM4.7 million.
Overall, KLCCPSGs 1HFY16
operating profit saw a marginal growth of 0.5% y-o-y, underpinned by its steady office and
retail portfolios, representing 53%
and 41% of 1HFY16 operating
profit respectively.
Earnings should continue to be
relatively stable for both the office
and retail sectors in FY16, due to
triple net leases of office assets and
KLCC Property Stapled Group

FYE DEC (RM MIL)
Revenue
Ebitda
Pre-tax profit
Patmi
EPS (sen)
PER (x)
Realised profit
Realised EPS (sen)
Realised EPS growth (%)
Realised PER (x)
DPS (sen)
DPS yield (%)
P/NAV (x)
Affin/Consensus (x)
2014
2015
2016E
2017E
2018E
1,353.5
1,011.9
1,280.5
937.9
52.0
14.4
689.3
38.2
10.3
19.6
33.6
4.5
1.1
-
1,340.2
1,004.2
1,518.4
1,131.5
62.7
12.0
746.1
41.3 4
8.2
12.0
34.7
4.6
1.1
-
1,360.5
1,075.6
982.2
756.3
41.9
17.9
756.3
1.9
1.4
17.9
37.0
4.9
1.1
1.0
1,387.6
1,066.5
992.9
764.5
42.3
17.7
764.5
42.3
1.1
17.7
38.5
5.1
1.0
1.0
1,445.4
1,097.3
1,023.7
788.2
43.7
17.2
788.2
43.7
3.1
17.2
39.5
5.3
1.0
1.0
Source: Company, Affin Hwang forecasts, Bloomberg
resilient retail rental income from

Suria KLCC (with rental reversion
and organic growth amid a more
cautious outlook), while the hotel
segment may continue to be weaker
due to reduced consumer demand
and occupancy. Recall that a longterm lease with ExxonMobil has
been secured for 15 years.
We m a i n t a i n h o l d o n
KLCCPSG, though with a higher
12-month dividend discount model-derived TP of RM8 (including
26 sen from the redevelopment
of Dayabumi and 24 sen from the
potential development of Lot D1),
given a change in methodology. In
line with the recent cut in the overnight policy rate, our risk-free rate
assumption has been revised from
4% to 3.5%.
KLCCPSGs long-term potential is underpinned by an asset injection pipeline of approximately
RM5.8 billion, backed by its strong
parent company and attractive-
MQREITs net lettable

area expiry well spread
MRCB-Quill
Real Estate Investment Trust
(Aug 3, RM1.24)
Maintain buy recommendation
with an unchanged target price
(TP) of RM1.34: MRCB-Quill Real
Estate Investment Trusts (MQREIT)
first six months of financial year 2016
ended June 30, 2016 (6MFY16) gross
revenue of RM65.2 million, which
represented a 28.4% growth yearon-year (y-o-y), was translated into a
normalised net profit of RM30.6 million, a 39.7% growth y-o-y, accounting for 51.9% and 53.4% of our and
the consensus forecasts respectively.
MQREIT declared a dividend
of 4.23 sen for the first half of FY16
ended June 30, 2016 (1HFY16),
compared with 4.1 sen for 1HFY15,
going ex on Aug 16, 2016, representing an annualised yield of 7.05% at
a payout ratio of about 91.4%.
Highlights included a resilient
revenue growth of 28.4% y-o-y in
1HFY16, due to additional income
from Platinum Sentral and step-up
rent adjustments, while its bottom
line grew higher by 39.7%, given lower repair and maintenance costs this
year, mitigated by higher financial
costs due to loan drawdowns for
acquisition. The overall occupancy
rate was healthy at 97.2%, with an
87% renewal rate achieved for lease
expiry in 1HFY16. Major asset enhancement initiatives planned for this
year involve energy saving and carbon footprint reduction at both Quill
Building 1-DHL and Quill Building
4-DHL. Despite an overall lacklustre
office market, we are less concerned

about office spaces owned by MQREIT, given its high occupancy rates
and long lease terms. Besides, its net
lettable area expiry is well spread, with
about 13% and 26% expiring in FY17
and FY18 respectively. Following the
acquisition of Menara Shell, its asset
size now stands at RM2.27 billion.
With additional income from
Menara Shell from FY17, management will be able to achieve a
greater scale and raise the payout,
with proposed partial payment of
management via units.
Consequently, distributable income will be lifted. The potential
yield-accretive asset injection is expected to be funded via placement
exercises with an equity/debt ratio
of about 65:35. The gearing ratio is
expected to improve to around 40%
from 42% post exercise.
Among the risks are a high gearing compared with the industry average, and a slower rental reversion
rate for the office market. Positives
include a huge pipeline of asset injections from MRCB, Quill and the
Employees Provident Fund, and
resilient earnings with sustainable
distribution per unit.
We maintain our buy recommendation with an unchanged TP
of RM1.34, based on a targeted
yield of 6.5%, which is two standard deviations below the one-year
historical average yield spread of
MQREIT and 10-year government
bonds. Hong Leong Investment
Bank Research, Aug 3
ness as a syariah-compliant stock.

KLCCPSGs long-term (up to
2019) asset-enhancement initiatives and asset-injection plans are
driven by growth from its inbuilt
pipeline (redevelopment of the City
Point podium at Kompleks Dayabumi into a 200,000-sq-ft retail area,
600,000 sq ft of offices and a 500- MRCB-Quill Real Estate Investment Trust
room hotel [2015 to 2019]) and the
potential development of an office FYE DEC (RM MIL)
2015A
tower on Lot D1 into a 1.3 million
Revenue
115.2
sq ft gross floor area.
90.3
Downside risks include an eco- NPI
98.5
nomic downturn, inflationary pres- Net invest income
60.7
sure, declines in tenancy rates, in- PAT
10.2
coming supply (16 million sq ft from EPU (sen)
retail and 11.7 million sq ft from Norm PER (x)
13.4
the office market [2016 to 2021]), FD PER (x)
13.4
higher debt-refinancing rates and EV/Ebitda (x)
16.7
correction in asset prices, while Net DPU (sen)
8.5
the upside risks are a rebound in Distb yield (%)
7.1
tourist arrivals and improvement
1.5
BVPS (RM)
in consumer and business senti0.8
ment. Affin Hwang Investment P/B (x)
Source: HLIB
Bank Bhd, Aug 3
2016A
2017E
2018E
132.6
98.8
100.2
58.9
8.9
13.5
13.5
16.0
8.4
7.0
1.4
0.9
185.9
139.2
140.7
85.1
7.9
15.2
15.2
17.2
8.7
7.2
1.2
1.0
189.6
142.0
143.6
88.7
8.2
14.7
14.7
16.9
9.0
7.5
1.2
1.0
Axis Rawang land buy yield-accretive in the long term

Axis Real Estate Investment Trust
(Aug 3, RM1.75)
Maintain add call with a higher target price (TP) of RM1.90: Axis Real
Estate Investment Trust (Axis REIT)
has proposed to acquire a 15.2-acre
(6.15ha) piece of industrial land with
an industrial complex in Rawang,
Selangor, for a total cash consideration of RM42 million from Scomi
Coach Sdn Bhd (SCBC). The property
comprises two single-storey factory
buildings and a three- and four-storey
office annex, a single-storey pre-delivery inspection factory and a single-storey fibre glass factory.
We were not surprised by this development as the group had earlier
announced that it had received a letter of offer for the assets back in April
2016. The property will be leased back

to SCBC for a fixed long-term lease of
15 years, with a 10% step-up in rental
rates (starting from RM281,000 per
month) after every three years and a
renewal option for another five-year
term after the lease expires. The purchase price suggests gross acquisition
yield of 8%, in line with the groups
target acquisition yield of 7% to 7.5%.
We are positive on the acquisition
as it is yield-accretive in the long
term. Nonetheless, we expect the
earnings contribution to be marginal in the near term, and it is only
expected to improve financial year
2017 forecast (FY17F) and FY18F by
less than 1%. Axis REITs gearing
level is expected to remain fairly
unchanged at 0.35 times post acqui-
sition as the assets are not sizeable. Axis Real Estate Investment Trust
Note that the group may turn to car2014A
rying out placements for its future FYE DEC (RM MIL)
acquisitions as it has internally set Gross property revenue
140.0
a gearing limit of 0.35 times.
Net property income
118.5
We also lower our risk-free rate Net profit
83.7
assumption to 3.6% from 4%, giv- Distributable profit
110.5
en the recent cut in the overnight Core EPS (RM)
0.08
policy rate. Thus, our TP is lifted to
Core EPS growth (%)
(30.8)
RM1.90. Our add call is retained,
21.23
and we continue to like the compa- FD core PER (x)
DPS
(RM)
0.12
nys commitment to continuously
7.04
inject value-enhancing assets into Dividend yield (%)
21.8
its portfolio as one of its key growth Asset leverage (%)
1.21
strategies. The group is also primed BVPS (RM)
1.46
to tap the rising popularity of e-com- P/BV (x)
merce through its industrial portfo- Recurring ROE (%)
7.19
lio exposure, which is about 21% of % change in DPS estimates
its net lettable area. CIMB Equity CIMB/consensus DPS (x)
Research, Aug 2
Source: Company data, CIMB forecasts
2015A
2016F
2017F
2018F
165.7
141.9
96.6
92.0
0.09
5.8
20.07
0.08
4.48
20.0
1.23
1.43
7.21
170.6
139.9
102.4
104.2
0.09
6.0
18.94
0.10
5.37
20.5
1.24
1.42
7.54
0.00
1.09
176.7
146.8
108.7
110.5
0.10
6.2
17.85
0.10
5.70
20.5
1.24
1.43
7.98
0.81
1.10
182.0
151.0
112.7
115.5
0.10
3.8
17.20
0.11
5.96
20.5
1.24
1.43
8.29
0.77
1.12
12 B R O K E R S C A L L
Hartalega posts
weaker 1Q results
Hartalega Holdings Bhd
(Aug 3, RM4.08)
Maintain sell call with an unchanged target price (TP) of
RM3.80. Hartalega Holdings Bhds
first quarter for financial year 2017
ended June 30, 2016 (1QFY17) results was weaker quarter-on-quarter (q-o-q) and year-on-year (y-o-y)
but still within expectations. We
expect earnings to improve sequentially on the easing of competition,
as reflected in our earnings per
share (EPS) forecasts. Given that
the once niche nitrile market of
Hartalega can now be easily disrupted by the other players, Hartalegas premium valuation of 24
times 2017 price-earnings ratio
(PER) which is above its mean and
peers is unwarranted.
We maintain EPS forecasts, sell
call and TP of RM3.80, which is 21
times 2017 PER based on its mean
valuation.
The weaker 1QFY17 net profit
of RM56 million, which saw -10%
q-o-q and -10% y-o-y respectively,
made up 20% of our and streets
full-year forecasts. The results are
within expectations as we think its
earnings can catch up in sequential quarters.
Hartalega has operationally
performed better q-o-q, but still
weak y-o-y. Key takeaways from the
1QFY17 results are that the sales
volume was marginally stronger
q-o-q with +1% q-o-q and +26%
y-o-y amid zero capacity growth
q-o-q and stable plant utilisation of
F&Ns prot grows on Thai ops
Hartalega Holdings Bhd

FYE MARCH (RM MIL)
Revenue
Ebitda
Core net profit
Core FDEPS (sen)
Core FDEPS growth (%)
Net DPS (sen)
Core FD PER (x)
P/BV (x)
Net dividend yield (%)
ROAE (%)
ROAA (%)
EV/Ebitda (x)
Net debt/equity (%)
Consensus net profit
MKE vs consensus (%)
2015A
2016A
2017E
2018E
2019E
1,146
322
210
13.4
(15.1)
6.5
31.7
5.2
1.5
19.0
16.4
20.7
net cash
-
1,489
387
258
15.6
16.5
9.0
27.2
4.6
2.1
18.6
15.1
21.0
10.9
-
1,666
432
277
16.7
7.5
8.5
25.3
4.3
2.0
17.7
13.2
16.8
19.4
281
(1.3)
1,810
473
301
18.2
8.6
9.2
23.3
3.9
2.2
17.7
12.8
15.5
21.4
320
(5.7)
1,918
508
318
19.2
5.5
9.7
22.1
3.6
2.3
17.1
12.7
14.1
11.4
357
(10.9)
We expect better earnings ahead.

Hartalega raised its nitrile glove
ASPs in June by about 3% and July
by about 5%, in line with the industrys trend, and sales volume could
be stronger with its plant utilisation having risen to around 88%
in June until July. Ever since more
players entered the light weight
nitrile glove market in 2012 until
2015, Hartalega has seen its financial ratios such as its margins and
return on equity weakening, and
it may need to pursue new niche
glove products for its financial ratios to expand again. Maybank
Investment Bank Research, Aug 3
and distribution points (especially

on premise outlets) and its strong
branding programmes.
Meanwhile, revenue contribution from the Malaysia market
was disappointing as it declined
by 1.3% y-o-y to RM688.7 million.
This decline in revenue was attributable to increased competitor pricing pressures from both
the soft drinks segment and dairy
product segment.
The groups earnings grew by
12.8% y-o-y to RM93.6 million
outpacing revenue growth. The
growth is attributable to the lower
cost of sales by 5.7% y-o-y during
the quarter coupled with a lower
interest expense by 15.0% y-o-y.
The higher earnings were mostly
contributed by its Thailand market
which grew by 55% y-o-y. Furthermore, during the quarter, the final
insurance claim relating to the
East Coast flood in 2014 amounting to RM2.8 million was received.
MIDF Equity Research, Aug 3

FYE SEP (RM MIL)
Source: Maybank IB Research
82%. Despite the lower nitrile glove

average selling prices (ASPs), earnings before interest, taxes, depreciation and amortisation (Ebitda)
margin improved q-o-q to 23%, an
increase of 4.9 percentage points
(ppts) q-o-q, owing to operation efficiency and lower overheads such
as depreciation, maintenance and
labour. However, on a y-o-y basis,
Ebitda margin was still poor with
a decline of 7.2ppts due to intense
competition.
Earnings would have been better
if not for the combination of both
realised and unrealised forex loss
of RM8 million.

(Aug 3, RM26.1)
Downgrade to neutral with an
unchanged target price (TP)
of RM28.35. Fraser & Neaves
third quarter financial year ended June 30, 2016 (3QFY16) net
profit of RM93.6 million is within
expectations. Its cumulative nine
months for financial year ended
June 30, 2016 (9MFY16) net profit
of RM335.8 million accounted for
78.3% and 79.7% of our and consensus full-year earnings forecasts
respectively.
F&Ns revenue in 3QFY16 increased marginally by 1.8% yearon-year (y-o-y) to RM1,095.8 million attributable to the higher
contribution from the Thailand
market. The revenue from the
Thailand market grew by 7.6%
y-o-y. This growth is attributable
to its 9th anniversary celebration campaign. Revenue from the
Thailand market was also supported by the increase of its network
2013
2014
2015
2016F
2017F
Revenue
3,508.2 3,818.8 4,060.2 4,245.9 4,324.6
Cost of sales
(2,472.5) (2,703.1) (2,802.5) (2,929.7) (3,005.6)
Gross profit
1,035.8 1,115.7 1,257.7 1,316.2 1,319.0
Operating profit
303.7
310.5
329.1
516.5
597.4
PBT
307.8
315.5
333.8
516.5
597.4
PAT
259.5
259.4
280.1
428.7
495.9
71.4
71.0
76.5
116.9
135.2
EPS (sen)
60.0
55.0
57.5
87.7
101.4
Net dividend (sen)
29.5
29.2
31.0
31.0
30.5
Gross profit margin (%)
Operating profit
8.7
8.1
8.1
12.2
13.8
margin (%)
8.8
8.3
8.2
12.2
13.8
PBT margin (%)
7.4
6.8
6.9
10.1
11.5
PAT margin (%)
(5.4)
(0.6)
7.7
0.0
0.0
EPS growth (%)
2.3
2.1
2.2
3.3
3.9
Dividend yield (%)
36.9
37.1
34.4
22.5
19.5
PER (x)
Source: Company, Forecasts by MIDFR
KPJ gearing up for oncology in Indonesia

KPJ Healthcare Bhd
(Aug 3, RM4.32)
Maintain neutral with an unchanged target price (TP) of
RM4.39. KPJ Healthcare Bhd, in
its announcement on Bursa Malaysia yesterday evening, stated that
the group has entered into a memorandum of understanding (MoU)
with Sojitz Corp and Capital Medica
from Japan during the 12th Islamic
Economic Forum held in Jakarta, Indonesia. The MoU is for a period of
one year until a definitive agreement
is entered into by the three parties.
The MoU signed was for a proposed opening of an oncology department at Rumah Sakit Bumi
Serpong Damai (RSBSD) for the
amount of US$12 million (RM48.72
million). The rationale for entering
into the MoU is so that RSBSD could
offer a wide range of cancer management services, enhance services
available at RSBSD, and facilitate
knowledge sharing as well as medical technology transfer from Japan
to Malaysia and Indonesia. We are
positive on the news as we opine
that this will assist KPJs Indonesian operations to book potentially
higher revenue in the future. Given
KPJ Healthcare Bhd

FYE DEC (RM MIL)
Filepic of RSBSD in Indonesia. A rationale for entering into the MoU is so that RSBSD
could oer a wide range of cancer management services.
the strategic location and more affluent target market of RSBSD, we

think that the hospital will benefit
well from the opening of the oncology department. Furthermore, we
think that despite KPJs Indonesian
operation being a positive profit
contributor, we do believe that it
has yet to reach its potential and
that it could contribute more in
the future to the group as a whole.

Earnings forecast is being maintained for now as it may take one
year for a definitive agreement pursuant to the MoU.
Despite being positive on the
news, we think theres still a risk
that the MoU would not translate
into a definitive agreement within the one-year period. Hence, we
2012
2013
2014
2015
2016F
2017F
Revenue
2,096.0 2,332.0 2,639.1 2,847.6 3,241.5 3,555.4
Cost of sales
(1,439.7) (1,634.2) (1,869.7) (2,021.2) (2,209.4) (2,412.1)
Gross profit
656.3
697.8
769.4
826.4 1,032.1 1,143.2
Finance costs
(23.6)
(38.8)
(42.9)
(50.4)
(62.9)
(67.2)
Profit before
tax and zakat
196.9
159.6
218.1
209.6
238.9
278.6
Income tax
expense
(48.8)
(47.4)
(68.6)
(62.2)
(67.7)
(81.1)
Net profit
146.8
110.4
147.3
145.1
158.7
183.1
Core profit
125.0
100.0
126.0
120.9
158.7
183.1
9.4
6.8
8.3
7.4
7.4
7.8
PBT margin (%)
Net profit
12.2
4.7
5.6
5.1
4.9
5.2
margin (%)
23.9
10.5
14.1
12.8
15.4
17.8
EPS (sen)
0.0
-56.1
33.9
-9.1
20.5
15.4
EPS growth (%)
17.7
40.3
30.1
33.1
27.5
23.8
PER (x)
Dividend per
12.2
10.0
4.9
7.9
7.7
8.9
share (sen)
2.9
2.4
1.2
1.9
1.8
2.1
Dividend yield (%)
24.8
29.7
31.4
29.7
28.3
29.1
Tax rate (%)
Source: Company, Forecasts by MIDFR
are maintaining our neutral recommendation on KPJ with a sumof-parts-based TP of RM4.39 per
share with target growth of 3% and
weighted average cost of capital at

8.3% for now pending further developments on the MoU. MIDF
Equity Research, Aug 3
14 H O M E
Malaysia presides over

UN Security Council
It plans to hold open debate on children and armed conflict issues
PUTRAJAYA: Malaysia assumed the
presidency of the United Nations
(UN) Security Council on Monday.
Wisma Putra in a statement yesterday said this was the second time
Malaysia became president of the Security Council since Malaysias election to a non-permanent member of
the Council for the term 2015-2016.
During Malaysias presidency,
Wisma Putra said it had planned to
hold a Security Council Open Debate on the issue of Children and
Armed Conflict on Tuesday.
UN Secretary-General Ban Kimoon will participate in the Open
Debate to present his annual re-
port on detailing grave violations

against children in situations of
armed conflict, it said.
At the Open Debate, the UN
member states are expected to reflect on the progress achieved in enhancing the protection of children in
armed conflict and ways to address
persistent challenges, including violations against children perpetrated
by non-state armed groups, it said.
Malaysia is currently the chair of
the Security Council Working Group
on Children and Armed Conflict.
The Wisma Putra statement said
Malaysia also planned to convene
a ministerial-level Security Coun-
cil Open Debate on preventing the

proliferation of weapons of mass destruction (WMD) on Aug 23, with a
particular focus on non-state actors.
The Open Debate seeks to address new threats and challenges in
preventing the proliferation of WMD,
related materials and technologies
to non-state actors, it added.
Other matters that will be deliberated by the Security Council
under Malaysias chairmanship
in August are the issues of Palestine, Yemen, Syria, Lebanon, Libya,
Kosovo, Sudan/South Sudan, and
Guinea-Bissau.
As the Security Council presi-
dent, it said, Malaysia would also

facilitate the selection process by
the Security Council for the next
UN Secretary-General.
Ban is expected to end his term
by the end of this year.
During the presidency, Malaysia would continue to highlight the
peaceful resolution of conflict, moderation, the protection of civilians,
and the rule of law, it said.
As a member of the Security
Council, Malaysia seeks to contribute constructively to the work of the
Security Council in the maintenance
of international peace and security, the ministry said. Bernama
Ex-police chief received over RM900,000

KUALA LUMPUR: The Sessions
Court was told yesterday former
Kuala Lumpur Criminal Investigation Department (CID) chief Datuk
Ku Chin Wah received commissions totalling RM931,500 from
the sale of two properties in Jalan
Bukit Bintang.
Former Kuala Lumpur police chief
Datuk Khoo Ah See, 73, said Ku received the money as commissions for
finding individuals who were willing
to sell the properties, a hotel and an
empty building, to a businessman.
In 2009, the businessman asked
Khoo if he knew anyone who wanted to sell buildings for commercial
use in Jalan Bukit Bintang.
Among the people I approached
was Datuk Ku Chin Wah. In my opinion, he, an officer who was still in
service, may have known of someone, said Khoo, who is also a real
estate agent.
At that time, Ku was an aide to
then inspector-general of police
Tan Sri Rahim Noor.
The seventh prosecution witness said this during examination-in-chief by deputy public prosecutor Budiman Lutfi Mohamed
in the trial of Ku, 58, who allegedly
failed to declare all earnings in a
sworn written statement in January 2014.
Khoo said Ku then managed to
get two individuals to sell the properties, a building worth RM5.5 million and a hotel named Fortuna
worth RM98 million, both located in
Bukit Bintang, to the businessman.
Overall, Ku received commis-
sions amounting to RM1,035,000,

of which RM55,000 was from the
building sale and RM980,000 from
the sale of the hotel.
As agreed, Ku later paid Khoo 10%
of his commission, which amounted to RM103,500 RM5,500 for the
building and RM98,000 for Fortuna.
All transactions were paid in cash.
However, after giving 10% of the
commission to Khoo, Ku only received RM931,500.
When cross-examined by lawyer
Datuk Geethan Ram Vincent, Khoo,
who was also the last prosecution
witness, agreed that the money received by Ku was neither bribes nor
money gained from unlawful activities, but was merely commissions.
Ku, currently serving at the Bukit
Aman CIDs secretariat division,
was charged with failing to comply

with a notice under Section 49(1)
of the Anti-Money Laundering and
Anti-Terrorism Financing Act dated Dec 23, 2013, when he failed to
declare the source of earnings in a
sworn statement dated Jan 8, 2014.
He allegedly committed the offence at the Malaysian Anti-Corruption Commission headquarters,
Block D6, Federal Government Administrative Centre, Putrajaya, between Dec 23, 2013 and Jan 21, 2014.
Ku was charged under Section
49(3) of the same Act, which carries
a maximum fine of RM1 million,
imprisonment not exceeding one
year or both, if convicted.
Judge Sohaini Alias fixed Oct 13
for submissions and clarification.
Bernama
New immigration DG to join crackdown on illegal immigrants

PUTRAJAYA: After just two days of
leading the Immigration Department (JIM), its new director-general (DG), Datuk Seri Mustafar Ali,
who was previously Malaysian Anti-Corruption Commission deputy
chief commissioner (prevention),
will head its enforcement operations in battling the issue of illegal
immigrants in the country.
An operation began at 11.30pm
on Tuesday, including 60 Putrajaya
JIM enforcement officers who raided three entertainment centres in
Puchong.
The JIM enforcement squad inspected 110 individuals and detained 77 illegal immigrants, as
well as five Malaysian citizens, aged
between 16 and 30, for various immigration offences.
The illegal immigrants detained
included 56 Vietnamese, 15 Thais,
a Cambodian and five Bangladeshi men.
Mustafar said the operation was
Mustafar (left) at a press conference

following a raid on three nightclubs in
Pusat Bandar Puchong, Selangor, early
yesterday to check the movement of
undocumented foreign workers.
Photo by Bernama
carried out to curb the presence of

illegal immigrants or the abuse of
travel documents to run immoral
activities.
Speaking to reporters early yesterday morning, he stressed the
need to address the occurrence of

these illegal activities, so that they
would not affect the morality and
culture of the country.
As such, Mustafar said JIMs next
focus is to activate collaboration with
various departments and agencies.

As an example, he said, JIM
would activate collaboration and
enforcement in addressing the
issue of premises not complying
with business requirements, which
would include the involvement of
the local authority, which issues
business licences or permits.
The National Blue Ocean Strategy with other departments and
agencies is constantly activated.
These are the statutes that must
be implemented subsequently,
he emphasised.
Those detained will be brought
to the JIM headquarters in Putrajaya for documentation, he added.
Bernama
There are no
sales of fake
vaccines in
Malaysia
KUALA LUMPUR: The health
ministry said there had been
no reports of fake vaccines being sold in the country, amid
controversy surrounding Indonesias discovery of a fake
vaccine syndicate.
When contacted by Bernama
here yesterday, the press secretary to Health Minister Datuk
Seri Dr S Subramaniam, K Sivakumar, confirmed there had
been no sales of fake vaccines,
but said the ministry is working
closely with the home ministry
in monitoring such illegal activities from entering the country.
There are no sales of fake
vaccines here, and we are constantly monitoring the flow of
medicines and vaccines into the
country, he said when asked to
comment on behalf of the ministry on whether constant checks
are made to monitor such sales,
due to Indonesias revelation of
the scandal.
We have not received any
reports on the sale of fake vaccines in the country, he said.
The Indonesian press recently
revealed that the syndicate was a
huge business operation, where
fake vaccines were administered
by doctors and nurses and mixed
with antibiotics, as vaccinations
including for hepatitis C, hepatitis A, measles, tetanus and
whooping cough were made
available to adults and children.
Bernama
Entrepreneurs
critical to
developed
nation status
JAKARTA: Entrepreneurs are a
critical component of Malaysias
drive to achieve fully developed
nation status by 2020, said Treasury Secretary-General Tan Sri Dr
Mohd Irwan Serigar Abdullah.
He said through their innovation, creativity and inherent
willingness to embrace risk, entrepreneurs contribution to the
countrys growth is invaluable.
They are cornerstones of
the knowledge economy and
integral to helping achieve our
goal of becoming a high-income
nation, said Irwan at the soft
launch of the inaugural Global
Entrepreneurship Community
by Prime Minister Datuk Seri Najib Razak, held on the sidelines of
the 12th World Islamic Economic Forum (WIEF) here yesterday.
Also present were WIEF Foundation chairman Tun Musa Hitam
and Malaysian ambassador to
Indonesia Datuk Seri Zahrain
Mohamed Hashim.
Earlier, Najib said Malaysia
will host the first Malaysian Entrepreneurship Week in Kuala
Lumpur from Oct 31 to Nov 3,
as part of its efforts to support
entrepreneurship. Bernama
H O M E 15
No snap state election for Terengganu

KUALA TERENGGANU: Menteri
Besar Ahmad Razif Abdul Rahman said nothing shocking will
occur in Terengganu, as he tries
to downplay speculation of a snap
state election.
The state election was not discussed. The administration is proceeding smoothly and has the support of the state executive council
(exco), he said after the state exco
meeting here yesterday.
Destroy Aedes
breeding grounds,
Health DG tells
local councils
PUTRAJAYA: Local authorities
should carry out activities to destroy Aedes mosquito breeding
grounds especially in abandoned
housing projects, vacant land or
lots and rubbish disposal sites,
says health director-general Datuk Dr Noor Hisham Abdullah.
He said observations by the
health ministry found that 21.8%
of abandoned housing projects,
8.5% of vacant land or lots, 8%
of waste disposal sites and 5.1%
of recreational parks in dengue
outbreak localities, breed Aedes
mosquitoes.
Parties managing cemeteries or places of worship as well
as residents associations should
clean cemeteries and places of
worship as they contributed to
6.8% and 4.5% of the Aedes mosquito breeding grounds, he said
in a statement here yesterday.
In the current rainy and hot
weather in the country now, people should be careful in ensuring
that no water holding receptacles in and outside of the house
became Aedes breeding places,
he said.
In week 29 this year, from July
17 to 23, Noor Hisham said, there
were 2,188 cases of dengue reported, a drop of 52 cases (2.3%)
compared to the previous week
with 2,240 cases.
However, he said there were
six states which showed an increase in the number of cases,
namely Kelantan (50 cases),
Kuala Lumpur and Putrajaya
(39), Negeri Sembilan (three)
as well as Terengganu, Sabah
and Labuan with one case each.
According to him, from January to July 23 this year, cumulative dengue cases reported
were 63,722 cases compared
with 67,944 cases for the same
period last year, a fall of 6.2%
(4,222 cases).
Noor Hisham said for the
same period, the cumulative
number of dengue fatalities was
142 cases compared with 185
deaths for the same period in
2015, a drop of 43 deaths (23.2%).
On the latest Zika virus situation, In Malaysia, no Zika virus infection was reported so far,
based on 651 samples tested by
the National Public Health Laboratory and the Institute of Medical
Research, he said. Bernama
The menteri besar said speculation on the part of certain parties

was an attempt to stir things up
in anticipation of the state assembly sitting from Aug 8.
I hope the media does not
prolong this issue as Terengganu
is not facing a problem, he told
reporters.
Ahmad Razif denied there was
pressure on him to resign as the political situation was still stable and he
has the support of the other leaders.

On talk that he had an emergency meeting with exco members and
state assemblymen, Ahmad Razif
said it was a pre-state assembly
meeting to discuss the questions
and standing orders.
There is no prior notice for a
vote of no confidence. If you want
to raise an issue, you must give 14
days notice, he added.
Asked about criticism of his
leadership by Ajil state assemblyman Ghazali Taib, he said that it

was a personal view.
I do not know the cause. It must
be the call for action against former
menteri besar Datuk Seri Ahmad
Said, he added.
Terengganu Umno had urged
the disciplinary board to act against
Kijal state assemblyman Ahmad
Said for criticising Ahmad Razifs
leadership. Bernama
BN will find
best solution for
Terengganu crisis
So that it will not burden the people of the state, says Najib
JAKARTA: The political crisis in
Terengganu will be tackled in the
best manner so that it will not burden
the people of the state, said Prime
Minister Datuk Seri Najib Razak.
Najib said the latest political
situation was being monitored and
he was waiting for a report from
Terengganu Menteri Besar (MB)
Ahmad Razif Abdul Rahman.
We will tackle the political situation in Terengganu so that the people
in the state will not be inconvenienced, and I am monitoring, waiting for the report from the MB, he
told reporters at a media conference
to brief them on the outcome of his
three-day working visit to Jakarta
which ended yesterday.
The political crisis in Terengganu

is said to have become more acute
as former MB Datuk Seri Ahmad
Said, who is also Kijal state assemblyman, is due to be penalised by
the Umno disciplinary board for
acting against the Barisan Nasional (BN)-led government, including
proposing a vote of no confidence
in the menteri besar.
The position of the state government would be weakened if Ahmad
Said were to be expelled from Umno
because BN has only 17 seats in the
state legislative assembly while PAS
has 14 and PKR has one.
Ahmad Said, in his statement
recently, said two scenarios might
crop up in the near future, namely
if the state legislative assembly is

suspended, a snap election must
be held. He said, however, if more
than two Umno assemblymen left
the party, then the opposition would
form the next state government.
Asked about the possibility of
an election being held in the state,
Najib said the matter could not be
anticipated because it depended on
the discipline of the BN members
(assemblymen).
However, he said, all the BN assemblymen had made a pledge to support
BN and he personally would monitor
the subsequent developments.
Ahmad Razif was appointed as
MB to replace Ahmad Said in May
2014. Bernama
Ghazali denies
leaving Umno
KUALA TERENGGANU: Ajil assemblyman Ghazali Taib brushed aside
talk of him leaving Umno, saying
yesterday that he is an Umno loyalist and will continue to defend party
president Datuk Seri Najib Razak.
There is no such thing [as leaving Umno]. I am an Umno loyalist,
he told reporters when met after
the state executive council meeting
here yesterday.
On his statement criticising the
states administration under Menteri Besar Ahmad Razif Abdul Rahman which was reported in the
newspapers yesterday, Ghazali said
it was intended to ensure that the
people felt the effectiveness of the
Umno and Barisan Nasional (BN)
leadership in Terengganu.
As the peoples elected representative who listens to their voice,
it is my responsibility to pass on the
message so that the state and its
government are respected.
The advice and criticisms are
made because this is a government
for the people, so the people want perfection for the best service, he added.
Asked whether he had no confidence in the present state leadership,
Ghazali said no.
Everybody makes mistakes and
has weaknesses. We are not perfect.
There are times we see things positively. If there is any wrong, we correct
it. What is good, we make it better.
What is important is [that] the
people get to enjoy the best service
that we give, he added.
On whether his action could be
perceived as him siding with former
menteri besar Datuk Seri Ahmad
Said, Ghazali said such an issue did
not arise because his criticism was
intended for the good of Umno.
The question of belonging to
which faction does not arise. We
are Umno. We are Barisan Nasional.
What is important is we want Barisan
Nasional to remain strong and for
Umno and BN to give the best service to the Terengganu people, he
added. Bernama
Douglas Uggah: Sarawak needs more plant quarantine centres

KUCHING: Sarawak plans to create
more plant quarantine centres, especially at rural entry points along
its 1,781km-long borders with Indonesia, to add to its existing 17.
This was vital to contain the
spread of pests and diseases into
the state, said Deputy Chief Minister Datuk Amar Douglas Uggah
Embass when speaking to the media after officiating at the 9th International Conference of Plant Protection in the Tropics (9th ICPPT)
which began here yesterday.
The three-day event is jointly
organised by Universiti Pertanian
Malaysia, Universiti Malaysia Sarawak, Universiti Teknologi Mara,
Sarawak, Malaysia Pepper Board,
Malaysia Cocoa Board, CropLife
Malaysia and the Borneo Convention Centre Kuching.
We are seeing, as our nation
moves toward globalisation and
free flow trade between countries,
the increase in global trade of
fresh produce which can result in
greater risks of the introduction
Uggah (right) being briefed by Malaysian Plant Protection Society president Professor
Dr Abdul Shukor Juraimi at an exhibition after launching the 9th ICPPT yesterday.
Photo by Bernama
of invasive pests and diseases.

In addition, the rapid movement
of tourists and the smuggling of live
planting materials and products present an ongoing threat to the spread
of pests and diseases, he said.
He said from 2014 until now the
state had intercepted around 82

products found to be infected with
diseases, and the government was
taking a very serious view because
once the disease was brought in, the
impact would be very disastrous.
We need to establish quaran-
tine points at places like Serikin,

Lachau, Ulu Baram while strengthening existing ones with better facilities, he said.
Earlier in his speech, Uggah who
is also state minister of modernisation of agriculture and rural economy said incidences of incursions
of the Moko and blood diseases of
banana, Erwinia dieback of papaya, Erwinia stem canker of dragon
fruit, citrus greening disease (CGD)
of mandarin oranges and red palm
weevil had seriously impacted the
growth of the respective crop industries in Malaysia.
In the case of bacterial diseases
in dragon fruit and CGD, they have
virtually destroyed the once lucrative industries. So far, Sarawak is
free from them but we will not be
complacent.
In this direction, Sarawak is
promoting the use of clean banana
meristem culture planting material
and discouraging the use of papaya
seeds from disease infected areas,
he said. Bernama
16 FO CU S
Blockchain a potential disruptor
anc
and
cha
Na
Op
The
thin
T2S
mu
abi
is n
vol
wil
the
to d
Operational and regulatory challenges need to be overcome before this materialises
he concept of blockchain,
a technological architecture facilitating a shared,
distributed ledger, has
gained enormous traction in the securities services industry over the last two years.
Blockchain was historically associated
with Bitcoin, a cryptocurrency, but its
relevance and usage could potentially
extend far beyond that. Blockchain,
put simply, is a database holding unalterable transactional information
supplied by financial institutions.
A number of financial institutions
and market infrastructures have expressed interest in blockchain, pointing out it could replace manual and
duplicative processes which can be
highly inefficient, expensive and
prone to operational error. This paper will explore whether blockchain
could have a material role or impact
on the European Central Banks (ECB)
Target2Securities (T2S) project, the
long-standing and ambitious initiative
launched in 2006. T2S is a pan-European Union (EU) settlement platform
designed to provide centralised delivery versus payment (DVP) trade settlement in central bank funds across
the European securities market.
T2S aims to standardise European
cross-border trade settlement by integrating securities and cash accounts
onto a single information technology (IT) platform. The T2S platform
and central securities depositories
(CSDs) across Europe will therefore
be interconnected through a single
utility. This is known as the integrated
model intended to enable cross-border real-time DVP settlement inside
Europe. As the rules and standards
governing T2S will be harmonised,
this should help reduce some of the
complexities and costs inherent in
EU cross-border trade settlement.
T2S has been subject to a number
of delays over the last few years although deadlines are fast approaching. The ECB highlights migration
of CSDs onto the T2S platform will
occur in waves and has been doing
so since June 2015. The final wave of
CSDs located in countries including
the Baltics, Finland and Spain will
be migrated onto T2S on Sept 18,
2017. However, some hypothesise
whether blockchains evolution and
implementation in the securities
services industry could threaten or
even replace T2S.
Overarching potential
The potential of blockchain has generated significant debate over the
preceding two years. This is particularly true in the custody and securities
settlement chain. A prime example
could be central counterparty clearing houses (CCPs) whose importance
has been elevated following passage
of the Dodd-Frank Act and European Market Infrastructure Regulation
(EMIR), which have mandated a
growing number of over-the-counter (OTC) derivative transactions
The future landscape with T2S
The current landscape of EU settlement
Market Participants
Market Participants
Custodians
CSD
CSD
CSD
Custodians
CSD
CSD
Custodians
CSD
CSD
CSD
CSD
Source: www.ecb.europa.eu
be centrally cleared through these

market infrastructures.
As blockchain operates on a real-time trade settlement time frame
and there is complete transparency
that trading counterparties can meet
their obligations at the point of settlement finality, some have questioned
if it will remove the need for CCPs.
This is overly simplistic. CCPs are
likely to still have a role in a blockchain era for two fundamental reasons. First, they would add value in
their clearing and netting function
as that reduces settlement volumes
and demand for settlement liquidity. Furthermore, they would have a
role in terms of transaction collateral
management, ranging from period
transactions in derivative markets
through administrative demand for
settlement in cash markets.
Others argue blockchain could
infiltrate the securities settlement
space dominated by CSDs. Again,
while blockchain has the potential to
disrupt a number of elements within
the custody cycle such as corporate
actions, there remains a school of
thought that CSDs will have a part to
play insofar as monitoring or overseeing this technology and ensuring
that it adheres to industry-agreed
standards and protocols.
The technology could gain interest
in regulatory reporting as it would represent a golden source or single source
of truth on all financial institutions
reporting. Financial institutions have
to report enormous swathes of data to
different regulators. Oftentimes, these
reports may have a similar purpose
(namely, identifying customers and
counterparties, risk exposures, details
of trades) but could have different
methodologies behind the calculations. Some of the reports may have
different formats or definitions,which
can occasionally lead to regulatory
arbitrage and fragmentation.
This arbitrage can often lead to
confusion. Even reporting regulatory
assets under management (RAUM) at
fund managers is not necessarily consistent between US and EU regulators.
Some regulatory bodies have tacitly
encouraged an embrace of blockchain
to help facilitate regulatory report-
CSD
Direct Access
BY MA RGA RET
HA RWOOD-JONES
Source: www.ecb.europa.eu
ing. However, issues around a lack

of standardisation and the ability of
legacy technology systems to handle
blockchain will need to be remedied
before distributed ledger technologies
can be properly adopted en masse.
A number of financial institutions
are participating in working groups
as a means to further develop blockchain. An example of such a group is
the R3 Consortium, which comprises
a group of banks looking to develop
blockchain technology across financial services.
Reports also indicate several
high-profile asset managers are exploring blockchain as a mechanism
to speed up transactions in illiquid
assets. Others are seeking to modernise legacy platforms to attain compressed straight through processing
(STP). Generally, it appears to be the
major asset managers exploring the
technology.
Blockchains potential to disrupt
capital markets should not be underestimated with Santander estimating it could incur savings of between US$15 billion (RM60.9 billion)
and US$20 billion by 2022 through
streamlining cross-border payments,
securities trading and regulatory
compliance. However, there are a
number of challenges which must be
overcome before this can be realised.
Blockchain has the potential to
impact markets globally including
emerging economies, which are in
the early stages of developing their
market infrastructures. However, we
must be mindful that change will not
happen overnight. Distributed ledger technology should it truly take
off will take years to come into
fruition. It will require harmonised
standards and regulation agreed by
the industry, regulators and governments. The scale of this challenge
should not be underestimated, said
Alan Naughton, head of product securities services at Standard Chartered.
Could blockchain be incorporated
into T2S?
Incorporating blockchain technology
into T2S is a concept that is gaining
interest. Some have hinted the technology could even develop at a rate
faster than T2Ss implementation.

Both are hypothetical at the moment,
although the ECB is certainly considering the impact blockchain could
have on its T2S project.
In a consultative technical paper Eurosystems vision for the
future of Europes financial market
infrastructure: RTGS Services
the ECB recognised blockchain and
distributed ledger technologies as a
potential disruptor. The paper said
there would be assessments around
how these technologies could impact financial services.
The challenge around assessing
blockchains likely impact on T2S is
that the technology is still in its early
stages and the markets/segments it is
being experimented in are small. Its
impact on an initiative as significant as
T2S is purely speculative. One market
infrastructure expert puts it succinctly. To me, the fundamental question
we must consider around distributed
ledger technology is whether it is going to provide an additional benefit
or value to an industry initiative like
T2S or if it is going to completely reshape the industry as we know it. If
it is the former, then T2S can adapt.
If it is the latter, then we will have to
question whether T2S is designed
appropriately to adapt to this evolution, said the expert.
Proponents of blockchain highlight it could facilitate a real-time
environment within T2S in what
would streamline the entire settlement process and theoretically reap
cost savings. It could also reduce
counterparty risk for those operating T2S as trades would be settled
instantaneously. It would also help
facilitate automation which could
potentially reduce operational errors
and duplication in what has historically been a highly manual process.
One consultant is sceptical. Just
because the technology exists to
do something does not mean you
should necessarily do it. In theory, most markets could migrate to
T+0. But real-time settlement has
huge risks. These include FX (foreign exchange) risks, for example.
Theoretically, the platform could
move to the blockchain ideal mar-
T HU
ket. However, this would need major

platform re-engineering, a move to
real time settlement from the chosen
overnight batches, a careful study of
the impact on liquidity of such an
environment and comparable work
at all participating CSDs and linked
users. That is a long-term project
beyond five to 10 years, he said.
Blockchain could potentially replace T2S if the technology developed
exponentially quickly. Blockchain
is in an incubator phase at present
and the technology could offer opportunities and cost savings around
settlement and reconciliation. The big
question for T2S is whether blockchain technology develops at such
a fast rate that it could even replace
T2S or result in an upgrade in T2S.
Blockchain technology could potentially be used by T2S to improve
efficiency and cost for its core delivery versus payment functionality. It
could also assist across T2S users
such as CSDs and custodian banks
with their processing of transactions
at T2S. I suspect if T2S was being created now, it would use blockchain
technology in some shape or form.
But it would take a long time to integrate into T2S today though, said
Alex Powell, independent consultant
and adviser to Credits, a blockchain
infrastructure provider.
There is a possibility blockchains
technology could develop or result in
other advancements. If blockchain
develops as its proponents say it will
and it proves to be cheaper to implement and operate than the current
infrastructure and negates all of the
manual processes and demonstrates
flexibility, it could bring major change.
This would be something T2S would
have to adapt to. I suspect such change
would be a slow process as it would
need to embrace all parties to the
process. We must remember the T2S
concept was launched more than 10
years ago, yet we have still not completed migration from all participating
CSDs. Conversely, markets can adopt
to dramatic change in some instances.
For example, when automation was
introduced to UK settlement following the launch of the UK CSD in the
early 1990s, there was a lot of resist-
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T HURSDAY AU G U S T 4 , 2016 T HEED G E FINA NCIA L DA ILY
ance in the transfer agency industry,

and now most of these opponents to
change are no longer in business, said
Naughton from Standard Chartered.
Operational issues
The scalability of blockchain is something that needs to be addressed. The
T2S project comprises 24 CSDs across
multiple markets. While blockchains
ability to handle Bitcoin transactions
is not in dispute, the transactional
volumes that will be occurring on T2S
will be far higher, and many believe
the technology is not mature enough
to deal with this at the current stage.
Scalability
The ECB estimates that daily T2S peak
volumes will reach 4.7 million transactions with a value of approximately
10 trillion (RM45.5 trillion) to 15
trillion. In contrast, daily transactional volumes in Bitcoin total around
250,000 with a value of US$257 million. Bitcoin had a limited scope,
and blockchain has to demonstrate
it is scalable before it can be considered for use alongside or within the
T2S platform. I understand this is an
issue proponents of the technology are
trying to tackle, but until I see blockchain being deployed and working
effectively on a massive scale, then I
struggle to believe it will be incorporated onto T2S, said Virginie OShea,
research director of Aite Groups Institutional Securities research practice.
T2S will after all handle several thousands of different securities
across multiple geographies over the
course of each settlement day. Furthermore, one must be mindful that
a securities transaction does not only
comprise of a single, simple transfer
of value. It may also include special
ex dividends and special ex rights
transactions. Transactions, unless
the parties are made redundant by
the new process, need to be matched
or approved with all parties to the
trade or settlement and maybe even
the fund administrator for control
purposes. Oftentimes, a single securities transaction may need to be
allocated across multiple funds and
beneficiaries. Nonetheless, proponents of blockchain believe the technology will be able to cope with the
complexity and volume of securities
transactions passing through T2S.
Standardisation
Perhaps the biggest impediment to
blockchains adoption or even replacement of T2S surrounds attaining
an industry-wide consensus on the
standards governing the technology.
Industry-wide consensus on blockchains adoption would have to be
agreed between financial institutions,
market infrastructures and regulators across a diverse array of geographies. Todays distributed ledger
landscape lacks standardisation at
all levels from technical protocols
to ledger and transaction data formats, to smart contracts. Moreover,
distributed ledger development is
being completed entirely in isolation
from existing business standards
organisations such as ISO (International Organisation for Standardisation), ISDA (International Swaps
and Derivatives Association) or FPL
(FIX Protocol Ltd). The direct consequence of this lack of standardisation is that the various distributed
ledgers are not interoperable and
information stored on the ledger
is not aligned to market standards
and practices, reads a position paper
FO CU S 17
The six steps in a blockchain transaction

1
3
B
A and B wish to
conduct an interaction
Cryptographic keys are

assigned to the interaction
The interaction is
broadcast and veried by
or transaction.
that both A and B hold.
a distributed network.
Once validated, a
new block is created.
This block is then added to the

chain, creating a permanent
golden source of the interaction.
published by Swift and Accenture.

It is essential that industry-wide
standards are agreed on blockchain
if it is to develop. This may include
having a common language and adherence to uniform market practices
around entitlements, record dates
and registrations. Technical standards such as an agreed message format type to identify securities or markets and capture data would have to
be decided upon. A failure to agree on
standards governing blockchain will
hinder interoperability between organisations. Blockchain for securities
would need harmonised governance
and community management and
be able to interoperate on a global
scale, said one expert.
A paper Blockchain in Capital
Markets published by Euroclear
in conjunction with Oliver Wyman
said alignment would be needed in a
number of areas including whether
the systems are completely open or if
access must be permissioned. Other
issues which would need to be addressed might include the principles
outlining suitability to use blockchain
and safeguards against coding errors,
added the paper. The pace of change
in obtaining agreement in areas as
sensitive as this could be slow.
Technology challenges
The T2S implementation programme
has been in train for a decade. Market
participants have been connecting
to T2S through Swifts Value Added
Network Solution or via SIA (Societa Interbancaria per IAutomazione)
and COLT. A number of smaller financial institutions have connected
to T2S via larger financial institutions. This has been a delicate and
protracted process, which has overcome a number of technological and
administrative impediments, not to
mention legacy systems. Bolting on
blockchain technology infrastructure to T2S could be operationally
challenging, costly and even risky.
Given the systemic importance
of T2S in the functioning of European securities settlement processes,
any incorporation of new technology
must be carefully considered. Suggestions to minimise the risk of technological error could be to run parallel
infrastructures, a point made in the
Euroclear and Oliver Wyman paper.
Simply latching blockchain architecture onto T2S is certainly achievable
The transaction between

A and B is completed.
but potentially costly and high-risk.

However, running parallel structures
would also be extremely expensive,
particularly if the migration was delayed. Many of these IT systems will
store huge swathes of data, and there
are questions whether blockchain
has the bandwidth to do this as well.
Technology upgrades and changes can be rife with operational risk
and overheads. T2S has been in the
mainstay for 10 years and a number
of financial institutions in Europe with
global client bases have been building
their internal architecture, at considerable cost, around T2S. While blockchain is exciting, we must be mindful
that implementing blockchain onto
these proprietary technology systems
is complex and risky, and could put
businesses all over the world with European interests in a difficult position
if there was an error, commented
Others agree that any migration by
T2S onto blockchain would be difficult. The sheer risk of replacing these
systems would be huge and there is
no easy way around it ... one must remember that when you replace one
system, you have to make changes
to every system connected to that
replaced system. This can facilitate
a number of problems, said OShea.
Should blockchain take off, its
systemic importance cannot be dismissed. Having a select few blockchain providers servicing capital markets would turn those providers into
systemically important entities. There
are a number of blockchain providers coming to market. One market
infrastructure expert highlights this
presents a conundrum. There are
a number of innovations coming to
market. The big issue would be if firms
leverage a blockchain provider who
does not become the dominant player
in the space, or goes out of business.
This could prove to be a costly error
or worse, said the expert.
The asset manager acknowledged
market participants are fully aware
that technologies change rapidly and
will have systems in place to deal with
such disruption. Technology in todays market is used to this problem.
Digital technology is very mobile and
market participants recognise that
change is happening all of the time.
Most firms implement technology
with the view that it will have a threeyear life span. Reviews of the technol-
ogy and its long-term prospects and

viability within the business will be
conducted within 18 months of its
implementation usually, said the
asset manager.
Another challenge would be interoperability or lack of. If a number of
blockchain providers emerge, it is crucial that their systems can coexist and
interact. Blockchain providers need
to be able to interoperate. It is crucial
one blockchain can actually refer to
information on another blockchain
and cross-reference it, said Powell.
If a single or multiple blockchain
providers were to suffer a technological fault, hacking or default, the ramifications would be severe. A number
of financial institutions have suffered
cyberattacks including information
leaks or distributed denial of service
(DDoS) attacks by malicious parties. It
is critical that any blockchain technology system has excellent cyber-protections in place. Cybercrime is a
concern for all market participants.
The ongoing fear of cyber-activities
could be something which stymies
adoption of blockchain in T2S.
Cyber-risks are a huge risk for
market infrastructures. Awareness of
cybersecurity has increased but I do
not feel blockchain proponents have
done a huge amount to allay fears
around this as yet, said OShea. The
asset manager highlighted blockchain would inevitably suffer a cyberattack as malicious parties work
out its encryption models and become increasingly sophisticated.
Dealing with cybercrime will be a
case of cat and mouse for blockchain
providers, but it is something the industry should be thinking about continuously, said the asset manager.
Mitigating this risk would require
blockchain firms to have business
continuity planning (BCP) in place,
with technology infrastructure storing transactions in real time on a
separate server. Cybercrime and
cybersecurity are something international regulators are taking increasing
note of. There have been a number
of high-profile incidents. While proponents of blockchain highlight that
it has excellent cybersecurity, it has
yet to be tested on a wider scale in a
highly regulated environment, said
However, others point out blockchain has a strong cybersecurity track
record. Blockchain has a robust cybersecurity record so far and one
could argue it is superior to existing
systems. It has strong encryption and
cryptography built in which protects
data, said Powell. While there were
some high-profile Bitcoin hackings,
this had nothing to do with the underlying blockchain technology.
the ECB and among market participants. I believe the ECB would need to
take some serious convincing around
blockchains role in T2S, said OShea.
Other regulatory challenges are
more pronounced. Distributed ledger technology could pose major systemic risks in the event of a technical
fault, cyberattack or default. Such a
scenario and if blockchain were
incorporated into T2S would have
a significant impact on securities
settlement. The FCA has publicly
commented on the systemic risks
that could arise through blockchain.
The Financial Stability Board (FSB)
is exploring the issue too. The International Organization of Securities
Commissions published its Securities
Markets Risk Outlook 2016 report and
this referenced distributed ledger
technology as a phenomenon that
needed to be carefully understood
along with its associated risks.
Some have warned that the shared
nature of blockchain could make
it difficult for regulators to impose
sanctions against market participants
for wrongdoing. However, this would
require an entity possibly a CSD
to assume management, trust
and governance of the blockchain
record. As such, this could potentially
address this issue. Blockchain must
be subject to oversight, and market
infrastructures and custodians are in
an excellent position to assist. Organisations such as Standard Chartered
are well placed given its strength
in emerging markets across Apac
(Asia-Pacific), Mena (Middle East
and North Africa) and Africa to
assist local market participants in
formulating systems to transpose
blockchain onto their existing architecture and market practices, said
The legal challenges posed for regulators should not be underestimated. Should the technology truly take
off, huge volumes of legislation will
have to be rewritten or amended to
take account of this. This will not be a
quick process, particularly as adopting this technology is likely to have a
global impact. Regulators across impacted jurisdictions would have to be
involved in the process. The Euroclear
paper highlights that rules around the
legal definition of settlement finality
would have to be revised. As such,
finality in blockchain would have to
be aligned with regulations such as
the EUs Finality Directive.
Furthermore, outstanding issues
around data security a topic of
growing prominence would need
to be resolved. There are a number
of questions surrounding where the
data is physically held, which could
pose problems. Regulators are always looking at where data is held,
Regulatory challenges
and this is something blockchain
Regulators have embraced dis- would have to address, said the
ruptive technologies as a means market infrastructure expert.
by which antiquated, manual,
error-strewn processes could be Conclusion
modernised. Nothing illustrates this Blockchain has the potential to disbetter than Project Innovate, an ini- rupt a number of processes includtiative jointly agreed between the UK ing T2S and have a major impact
Financial Conduct Authority (FCA) on financial institutions globally.
and the Australian Securities and Nonetheless, many operational and
Investments Commission, whereby regulatory challenges will need to be
both regulators will support fintech overcome before this materialises.
projects in each others market.
This is likely to take several years, if
Despite this embrace, there is scep- not up to a decade.
ticism among market participants
that the ECB will be as receptive to
blockchain being incorporated onto Margaret Harwood-Jones is managing
T2S. Huge amounts of money mil- director and head, investors and inlions of euros and effort have been termediaries for transaction banking,
spent trying to get T2S operational at at Standard Chartered Bank.
18 C O M M E N T
Uber-Didi deal has one clear loser

Consumers will once again be taken for a ride
BY A DA M MI N TER
he biggest winner in
Ubers decision to sell
its Chinese business to
Didi Chuxing, its fierce
local rival, appears to
be Didi Chuxing. Didi
not only eliminated its top competitor but gained a veritable monopoly over the worlds biggest market
for ride-sharing services. The only
remaining question is whether the
Chinese government is willing to
grant it such dominance.
And Didi has little to fear on that
count. The ride-sharing industry
has presented Chinas government
with a host of challenges including serious political and social strife
and the plight of consumers hurt
by reduced competition simply is
not high on its list of concerns.
In Chinas biggest cities, choked
by traffic and taxi monopolies, the
arrival of ride-sharing has been
transformative. Take Beijing: Between 1994 and 2011, the citys population increased from 11 million
to 20 million, yet licensed taxis increased by only 10%, to 66,000. Perhaps unsurprisingly, Beijings cab
drivers have acquired a reputation
as some of the worst in the world.
Taxi-hailing and ride-sharing apps
offered a cheap and clever solution

to this problem, and quality of life
improved as a result.
But that improvement came at a
cost. Recorded taxi strikes in China
surged from 62 in 2011 to 263 in
2015. In Shenzhen, where licensed
cabbies claim that ride-sharing has
cut their monthly pay in half, a strike
in January effectively immobilised
the city. Thousands of drivers in at
least a dozen other cities walked
out the same month. Making mat-
ters worse, the labour strife is compounded by class divisions: Most

ride-sharing drivers own their cars,
while taxi drivers must rent theirs.
All this has placed the authorities
in a delicate position. As in other
countries, taxi companies in China
are usually protected monopolies,
and often owned by a local government or local officials. In most cases, they make money by charging
rental fees to drivers. Didi and Uber
were undercutting this comfortable
arrangement by subsidising fares

thus luring both drivers and customers in a fierce war for market share.
Some local governments cracked
down on the newcomers, occasionally sparking riots. Others threw their
support behind apps that hired drivers licensed by the old monopolies.
But for the central government, the
preferred approach was simpler:
Eliminate competition. Doing so
would limit the subsidy wars, mollify
angry taxi drivers and critically
would, in a soft Brexit, be extended,

essentially becoming permanent.
An effective soft Brexit agreement
would have to go beyond these issues to define Britains relationship
to Europe. This would demand not
just soul-searching in the UK, but
also the establishment of a clear
vision of what Europe actually is.
The UKs connection with Europe has long been semi-detached.
We are with Europe, but not of it,
Winston Churchill told the House
of Commons in 1953 during a discussion of a proposed European
defence community. We are linked,
but not combined. We are interested
and associated, but not absorbed.
That seems to reflect the stance
expressed by Cameron and former Chancellor of the Exchequer
George Osborne that helped to
set the stage for Brexit. In response
to the euro crisis, they argued that
Europe needed more fiscal integration, but without the UK; there
would be no British financial participation in future euro rescue
operations. Solidarity (at least the
kind that costs money) stopped at
the English Channel.
But, like de Gaulles declaration and Mays slogan, Churchills
statements employed the language
of political ambiguity. Both proponents and opponents of Brexit appealed to Churchills spirit
during the referendum campaign.
The most reasonable interpretation, somewhat surprisingly, was
summed up by Boris Johnson, a

leader of the Leave campaign and
Britains new foreign secretary: with
regard to Europe, Churchill was pro
having his cake and pro eating it.
In any case, the problem of defining Europe remains. Does the EUs
survival depend on the deeper and
closer integration of a core group of
countries? For people who believe
that it does, particularly in France
and Germany, Brexit provides an
opportunity to streamline and
clarify the rules and the objective of the game.
But others prefer to maintain some degree of ambiguity, which facilitates consensus
on complex issues and helps keep
leaders in power. German Chancellor Angela Merkel falls into this
category, making her a kind of a
continental counterpart to May.
This strategy of using vagueness to
create space for disparate political
systems and mindsets and, at
times, even to persuade the many
to support the decisions of the few
will continue to impede efforts to
define Europe, thereby undermining the negotiation of a soft Brexit.
The British are quite comfortable
with ambiguity. The most important single work of British literary
analysis in the twentieth century is
William Empsons Seven Types of
Ambiguity. According to Empson,
ambiguity implies the possibility
that alternative views can be taken,
without sheer misreading. From a
increase the governments leverage

over the remaining player(s).
Last year, regulators allowed Didi
to merge with its largest domestic
rival, Kuaidi, despite concerns about
how the deal would affect consumers. Last week, they issued rules that
effectively outlawed competition by
prohibiting ride-sharing companies
from setting prices below cost to
push out competitors or dominate
the market. That means local governments can now negotiate pricing
and other concerns with Didi without having to worry about anyone
undercutting the deal.
That is clearly a win for Didi. It is
probably a win for Uber, whose investors will retain a 20% stake in its
former rival. And (for now) it seems
like a win for Beijing, which badly
wants the benefits of ride-sharing
without the disruptions that go
along with it. The only losers will
be consumers, who will likely be
facing higher fares, less choice and
worse service. Chinas passengers,
in other words, are once again being taken for a ride. Bloomberg
This column does not necessarily
reflect the opinion of the editorial board or Bloomberg LP and its
owners.
Brexit fudge
BY HAROLD JAMES
BREXIT means Brexit, Theresa

May, the UKs new prime minister,
insists. It is a simple and powerful
slogan that sends an unmistakable message to all who have been
hoping for a reevaluation of Junes
referendum result. The UK, it seems
clear, will be leaving the European
Union (EU). But that is where the
clarity ends.
When Charles de Gaulle stood
on the governors balcony in Algiers
on June 4, 1958, he told a crowd of
French Algerian settlers, Je vous
ai compris! (I have understood
you!). Within a few years, he would
negotiate Algerian independence,
infuriating those same settlers. Understand, it turned out, did not
mean sympathise.
Mays favourite sound bite could
be similarly misleading a possibility that has not been lost on
her Conservative Partys pro-Brexit
right. Does the Brexit of which
May speaks entail the kind of hard
departure from the EU that many, if
not most, Leave supporters want,
or will she pursue a softer approach?
A hard Brexit would entail
the severing of all existing links
between the UK and the EU: no
more contributions to the common
budget and an end to free labour
mobility. This position assumes that
Europe is in economic and cultural decline, and thus has nothing

much to offer the UK, which would
benefit far more from deeper ties
with, say, the emerging economies
of Asia and South America. Hard
Brexit is, in essence, an amputation.
A soft Brexit would reflect the
view that the UK is still a part of
Europe, and that Britain still has
much to gain from close EU ties,
with the City of London, in particular, depending on openness to
foreign workers, both skilled and
unskilled, and frictionless capital
flows. As such, the UK must continue to play by EU rules and ensure
that economic and political relations with Europe remain central
to British policy.
Such a soft Brexit would amount
to the triumph of a realistic worldview over a self-defeating perspective underpinned by an implausible
notion of sovereignty. It is the UKs
better option. But there are major
obstacles to choosing it.
A soft Brexit, in the current context, would not differ much from the
compromise with the EU that former
Prime Minister David Camerons
government negotiated in February
the deal that 51.9% of UK voters
rejected in June. As part of that compromise, the EU recognised the possibility of multiple currencies within
the EU and accepted the UKs right
to place temporary limits on social
benefits that encourage migration.
That emergency brake on migration
Empsons poetic ambiguities certainly

do not seem out of place in politics.
statement that reveals the authors

complicated perspective to one
that highlights a fundamental conflict in the authors mind, Empsons
poetic ambiguities certainly do not
seem out of place in politics especially British politics today. The
question now is whether Europes
27 sources of ambiguity can tolerate
a 28th. Project Syndicate
Harold James is professor of History and International Affairs at
Princeton University and a senior
fellow at the Center for International
Governance Innovation.
W O R L D B U S I N E S S 19
Chinas NDRC calls for PBoC easing at right time

BY SU E- L I N WONG & W INNI ZHOU
BEIJING: A research office in Chinas top economic planner has

called for the central bank to cut
interest rates and bank reserve requirements (RRR) at the appropriate time, in rare comments on
monetary policy by the agency.
In a statement published on its
Taiwan says set

to order Uber to
exit market
BY FA I T H HU NG & YIM OU LEE
TAIPEI/HONG KONG: Taiwans

Investment Commission said
yesterday it is set to order Uber
Technologies Inc to exit the
domestic market, saying the
global ride-hailing giant misrepresented its business as an
Internet-based information
technology platform rather
than a transportation service.
Emile Chang, executive secretary at the Investment Commission, said a final decision will be
made by Aug 11. The commission
oversees Taiwans inbound and
outbound foreign investments.
The move comes amid a major strategic shift at Uber that
will see its operations in China
taken over by a mainland firm.
Earlier this week, Uber said it
was selling its China business
to rival Didi Chuxing after a
bruising two-year price war in
a challenging market.
Taiwans decision adds to a
string of official complaints aimed
at the fast-growing US start-up. It
has faced similar legal scrutiny in
markets across Asia, including
both in Hong Kong and China.
Taiwans government has
communicated many times with
Uber ... the worst scenario is to order [it] to leave the market, Chang
said, adding Uber can appeal the
decision to Taiwans cabinet.
Likai Gu, general manager
of Uber Taiwan, said the company hopes Taiwan authorities
will rule in favour of innovation and open a meaningful
dialogue with Uber. Reuters
website yesterday, the National

Development and Reform Commission (NDRC) also said it would
lower costs for firms, encourage
private enterprises to raise capital
by issuing bonds, and push cities
to further cut oversupply in their
housing markets.
The comments on monetary policy, which said China needed to
find the appropriate time to further

cut interest rates and RRR, highlight
the risks the planning agency sees
to economic growth.
The NDRC, generally associated
with Chinas economic conservatives, is responsible for regulating
prices, guiding state investment
and otherwise operating the most
planned parts of the economy. It
generally does not express public

views on central bank policy.
The Peoples Bank of China
(PBoC), meanwhile, has said in
the past it will maintain a prudent monetary policy with a slight
easing bias, leaving the door open
for more cuts, although it has not
adjusted interest rates since October 2015. Reuters
Up-to-US$2.5b
buy-back soothes
HSBCs investors
As profit slips nearly a third
BY SUM EET CH ATTE RJ E E
& LAW RENCE W HI TE
HONG KONG/LONDON: HSBC

said its first-half profit tumbled
29%, slammed by slowing growth
in its home markets in Britain and
Hong Kong, but Europes biggest
bank cheered investors by announcing plans to buy back up to
US$2.5 billion (RM10.15billion)
of its shares.
The lenders shares rose as
much as 1.9% after the buy-back
took the sting out of a drop it reported yesterday in the January
to June pre-tax profit to US$9.7
billion, just below an average estimate of US$10 billion compiled
by Thomson Reuters.
Analysts joined investors in
welcoming the buy-back, along
with a commitment from the
London- and Hong Kong-based
bank to maintain current dividend levels for the foreseeable
future, despite gloom in its key
markets.
By 0653 GMT, HSBC shares in
Hong Kong were trading up 1.8%
HSBC
Half-year profit before tax

$ billion
13.6
12.3
9.7
6.3
5.2
Jun Dec Jun Dec Jun

2014
2015
2016
Half-year ending
HSBC warned it had decided to

remove a timetable for reaching its targeted return on equity
(RoE) in excess of 10% by the
end of next year. RoE at end-June
was 7.4%.
HSBC also said it was committed to sustain annual ordinary
dividend for the year at current
levels for the foreseeable future.
That commitment, along with
the buy-back, was described by
Bernstein analysts in a note as
positive for the banks shares in
the short term.
Group chief executive officer
Stuart Gulliver, however, said in a
call with Reuters that the bank had
removed the word progressive
from its guidance on dividend
payout plans, as a reflection of
tougher market conditions.
Progressive was interpreted
by everyone as meaning it is going
to go up every quarter notwithstanding what is happening in
the world, so what we are saying
is we are committed to sustaining
the dividend at the current level,
Gulliver said. Reuters
IN BRIEF
Bank Indonesia to ease
monetary policy when
time is right
JAKARTA: Indonesias central
bank has room to loosen its
monetary policy further and
it will do so when the time is
right, Juda Agung, its executive director for economic and
monetary policy, told reporters yesterday. The room [for
monetary loosening] is there.
We will decide the right time
[to loosen policy] by looking
at the latest developments at
home and abroad, Agung told
reporters. He also said Bank
Indonesia (BI) thinks the
annual inflation rate, which
topped 6% for most of 2015,
is no longer a big issue this
year. Indonesias annual inflation rate was 3.21% in July.
The next BI policy review is
on Aug 19. Reuters
Japan MoFs Asakawa

warns against speculative
moves in forex market
TOKYO: Japans top currency
diplomat Mastsugu Asakawa stepped up his jawboning
against a rising yen yesterday,
warning speculators against
pushing up the currency too
rapidly. The ministry of finances (MoF) vice minister
for international affairs was
speaking to reporters after a
regular meeting with officials
from the Bank of Japan and Financial Services Agency. To
prevent speculative moves
from becoming active, we will
closely watch with a sense of
urgency and respond when
necessary in accordance with
the G7 (Group of 7) and G20
(Group of 20) agreements.
Reuters
Toyota to delay Japan

plug-in Prius launch to
winter from autumn
Australian PM Turnbull exhorts

banks to slash lending rates further
TOKYO: Toyota Motor Corp

said yesterday that it would
delay the Japan launch of its
plug-in Prius gasoline hybrid model to winter, from an
initial schedule of autumn.
The automaker declined to
give a reason for the delay
or be more specific about
the timing. A spokesman
said it would reduce initial
production of the model, although output would eventually pick up according to
demand. Meanwhile, it has
been the best-selling model
in Japan since the start of the
year. Reuters
BY SWATI PA N D EY
Credit Agricole completes

ownership overhaul
SYDNEY: Australian Prime Minister Malcolm Turnbull yesterday

lambasted the countrys largest banks for refusing to fully
pass on an official interest rate
cut, demanding that top executives front the public and explain
themselves.
The attack from the conservative leader piles political pressure on Australias Big Four
lenders amid opposition calls for
a high-powered judicial inquiry
into the banking sector, follow-
ing a series of scandals involving

wealth management, insurance
claims and interest rate rigging.
The banks should pass on the
full extent of the rate cut, Turnbull said at a press conference in
Canberra.
They should do that, and if
they are not prepared to do it, as
appears to be the case, then their
chief executives should explain
very clearly to the Australian people and their customers why they
have not done so.
The Reserve Bank of Australia slashed official cash rates by
Source : HSBC Holdings plc
at HK$51.70 (RM27.03), rebounding from a fall of 1.7% prior to the

announcements.
But as Britains vote to leave
the European Union clouds economic prospects, and Hong Kong
absorbs slower growth in China,
a quarter point to a record low

of 1.5% on Tuesday.
The four major banks Commonwealth Bank, National Australia Bank, ANZ Banking Group
and Westpac Banking Corp
responded by lowering borrowing costs on mortgages by only 10 to 14
basis points. Reuters
Turnbull: The banks
should pass on the full
extent of the rate cut.
Photo by Reuters
PARIS: French bank Credit

Agricole said yesterday it had
finalised a major overhaul of
ties with its mutualist parent
as its laggard retail division
LCL reported a sharp drop in
second-quarter profi ts. Th e
overhaul, simplifying the
groups structure, involves the
sale of the listed banks stake
in its retail-focused mutualist
parent back to the regional
banks that control the business for 18.5 billion (RM84.18
billion). Reuters
20 WORLD
Trump not ready to back

House Speaker Ryan
A rebuke to partys top official after latters initial refusal to stand by him
WASHINGTON: Republican presidential nominee Donald Trump
said on Tuesday he was not quite
ready to endorse House Speaker
Paul Ryan in his upcoming primary, a stunning rebuke to the partys
top elected official.
With little more than three
months before the White House
election, Trump in an interview
with The Washington Post also said
he was not prepared to endorse
Republican Senator John McCain
in his re-election bid in Arizona.
McCain is a former prisoner
of war who issued a scathing anti-Trump statement about his handling of the Khan family controversy.
The real-estate tycoon also
lashed out at another Republican
US senator, Kelly Ayotte of New
Hampshire, as weak and disloyal.
I like Paul, but these are horrible times for our country, Trump
said of Ryan, who faces a challenge
by a conservative insurgent in the
Aug 9 Wisconsin primary.
We need very, very strong leadership. And Im just not quite there
yet, Trump said.
Trumps refusal appears to
amount to blunt political retribution three months after Ryan used
very similar language to say Im
just not ready to back Trump. That
controversial declaration set off
weeks of debate among conservatives over whether to rally behind
N Korea res
missile into
Japan waters
for rst time
BY PA RK C H A N-KYONG
SEOUL: North Korea fired a

ballistic missile directly into
Japanese-controlled waters for
the first time yesterday, drawing an outraged response from
Tokyo and ramping up tensions
with the US and South Korea.
The US military said the
North had actually launched
two Rodong inter mediate-range missiles simultaneously, but one appeared to have
exploded on take-off.
The launches followed a
North Korean threat of physical action over the planned deployment of a sophisticated US
anti-missile system in South Korea, and came just weeks before
the start of large-scale, joint South
Korea-US military exercises.
Japan said the one missile had
landed in the Sea of Japan, some
250km off its northern coast and
within the countrys Exclusive
Economic Zone. AFP
Donald Trump: Republican presidential nominee

THE PERSON
POLITICS
70 years old
Considered on the
right of mainstream
Republicanism
From Queens,
New York
Popular with grassroots

conservatives,
white working
and middle classes
Billionaire real estate

tycoon and former
reality TV star
PROMISES
REPUTATION
A wall on the Mexican border

Deport millions
of illegal immigrants
To stand up to China
Make America
great again
the presidential hopeful.

Ryan eventually endorsed
Trump despite his misgivings.
Now only two weeks after its
national convention in Cleveland
aimed at showcasing Republican
unity, the party faces further divisions, which come amid heated
Reputation for talking

tough, say-it-as-it-is
honesty
Disdain for the political class
Controversial comments about
women, Mexicans and
Muslims
debate over Trumps comments

about the Muslim American parents of a US Army captain killed in
combat in 2004.
Trump also said Ryan had sought
his endorsement, a claim disputed
by the speakers campaign.
McCain, seeking a sixth Senate
term, faces a three-way battle in

his Aug 30 primary.
Ayotte, facing a tough re-election
battle in New Hampshire, also has
spoken out harshly against Trump,
saying she was appalled by his
attacks on the Khans whose son
was killed in Iraq. AFP
Japan picks nationalist Inada

for defence chief
TOKYO: Prime Minister Shinzo
Abe yesterday picked a close confidante with staunchly nationalist
views as the new defence minister,
a move likely to raise concerns in
China and South Korea.
Lawyer-turned-politician Tomomi Inada, 57, becomes the second woman to oversee the defence ministry after Yuriko Koike,
who served briefly in 2007. Koike
was elected governor of Tokyo on
Sunday.
Inada, a four-term lawmaker,

was formerly policy chief of Abes
ruling Liberal Democratic Party
(LDP) and shares his hawkish views
on Japans 20th century history.
Inada, who replaces Gen Nakatani, was named to the post as
part of a partial revamp by Abe
of his cabinet after the LDPs big
win in upper house parliamentary
elections last month.
She has played a leading role
in an LDP study group launched
last year to review Japans history,

reportedly taking up contentious
issues such as the Nanjing massacre and the Tokyo war crimes trials.
In the cabinet revamp announced by Chief Cabinet Secretary Yoshihide Suga, other new
picks include Hiroshige Seko for
economy, trade and industry minister and previous environment
minister Tamayo Marukawa as
the minister in charge of the 2020
Tokyo Olympics. AFP
Avoid China-claimed shoal, Philippines tells fishermen

MANILA: The Philippines told its
fishermen yesterday to steer clear
of a fishing ground in the disputed
South China Sea to avoid harassment from Chinese authorities.
The warning came despite a recent ruling by a tribunal in favour
of the Philippines, as it dismissed
Chinas territorial claims to large
swathes of the waters.
Beijing angrily rejected the

courts judgement, and on Tuesday
it announced penalties for illegal
fishing in its waters including the
disputed areas.
We are aware that China is occupying Scarborough Shoal, so let
us wait for clarity on how our fishermen can return there without being
subjected to harassment anymore,
Manilas foreign affairs spokesman

Charles Jose told reporters.
In 2012 China took control of the
Scarborough Shoal, 230km from the
main Philippine island of Luzon after
a stand-off with the countrys navy.
It has since driven away Filipino
fishermen attempting to fish in the
area, sometimes using water cannons. AFP
IN BRIEF
Search for 20 feared
dead in India bridge
collapse
MUMBAI: Rescuers were
searching yesterday for 20 people missing and feared dead
after two buses plunged into
a fast-flowing river in western India when a bridge collapsed in torrential monsoon
rain, officials said. Emergency workers pulled two bodies
from the rain-swollen river but
were still searching for the others feared swept downstream
following the accident south of
Mumbai overnight on Tuesday.
More than 100 rescuers armed
with diving and other specialist equipment were scouring
the river, but their efforts were
hampered by the fast current
and incessant rain. The bridge
appeared to have collapsed after being pounded for days by
the flooded river. AFP
Philippine police kill

backers of
drug-protector mayor
MANILA: Police shot dead
six supporters of a Philippine
mayor yesterday, authorities
said, days after President Rodrigo Duterte threatened to
have him shot on sight for
protecting his drug-dealing
son. Hundreds of people have
died since Duterte took power
after winning a landslide election on the pledge to wipe out
lawlessness by killing tens of
thousands of criminals. A gunfight broke out between law
enforcement and supporters
of mayor Rolando Espinosa at
dawn yesterday in his central
hometown of Albuera, local
police said. Six gunmen were
killed. AFP
Volcanic eruptions in
Indonesia hit air travel
JAKARTA: Volcanic eruptions
in Indonesia in recent days
have forced the closure of two
airports and disrupted some
flights to Bali, officials said yesterday. Mount Gamalama on
the eastern island of Ternate
erupted early yesterday after
a moderate earthquake in the
area, closing the islands airport, said the national disaster
agency. Authorities are not yet
planning evacuations yet. The
airport in Lombok was closed
overnight from Monday to Tuesday, causing the cancellation of
29 domestic and international
flights to the island. Balis airport
remained open. AFP
Greece urges Plan B if

migrant deal fails
BERLIN: Greeces immigration
minister yesterday called on
the European Union to draw
up a back-up plan in case Turkey reneged on a controversial
deal aimed at stemming the influx of migrants. We are very
worried. We need a Plan B in
any case, Yannis Mouzalas
told Germanys Bild daily. Due
to its geographic proximity to
Turkey, Greece has become a
key gateway country for migrants seeking to reach Europe. AFP
F E AT U R E 2 1
Why white collar

crime is here to stay
Former Enron Corp Task Force head explains why its so
difficult to convict companies and their executives
any who follow the depredations of large

corporations
share a feeling
that US criminal law and its enforcers too often
fail to hold these institutions accountable. Writers ranging from
US District Judge Jed Rakoff in
New York to muckraking journalist Matt Taibbi have complained
of the paucity of convictions for
financial crime.
Now comes Samuel Buell, a
law professor at Duke University, whose new book, Capital Offenses: Business Crime and Punishment in Americas Corporate
Age, explains why the white-collar
criminal justice system comes up
short. Despite being thin on proposed reforms, this new offering
deserves attention from anyone
concerned with the topic.
The author brings two excellent
credentials to his task: a breezy
writing style and deep prosecutorial experience. He led the US
Justice Departments Enron Corp
Task Force and earlier worked
on the prosecution of notorious
Boston gangster James Whitey
Bulger. When it comes to errant
corporations, Buell writes, the
government runs into a structural problem: As a legal creation,
the corporation was specifi cally designed to reduce personal
responsibility. Its a device that
allows individual ownersshareholders to limit their liability while
sharing capital. The sheer size
and complexity of many modern
companies allow top managers,
nominally employees of those
shareholders, to maintain that
whatever criminality may have
transpired in the trenches escaped
their notice.
Consider this: Despite its central role in sparking the 2008 financial crisis, the now-defunct Lehman Brothers Holdings Inc and its
chief executive, Richard Fuld, were
never charged with a crime.

rime.
It wasnt that the Justice
stice
Department couldnt find
suspect transactions, Buell
uell
explains. He points to one
called Repo 105, which Lehman used to borrow large
rge
amounts of money without
out
calling it debt. The careful
ful
construction of these deals
als
on the knife edge of reguulations, and the blessingg
of legal and accountingg
experts, made it nearlyy
impossible to prosecute
Lehman, he writes.
More broadly, prosecutors sifting through
the rubble of the Wall
Street collapse had
trouble identifying victims who were directly defrauded. Main
Street America suffered when credit markets
ets froze
and the Great Recession
n hit,
hit but
the criminal justice system demands a tighter connection between fraudulent misdeeds and
victimisation.
The buyers of all those toxic mortgage-backed securities
confected by Lehman and its rivals were largely sophisticated
institutions, including insurance
companies and other banks. They
knew or should have known the
risks, Buell argues, and generally
werent defrauded they simply
made bad bets. The 2008 collapse
of debt securities markets was
many things, including proof of a
massive regulatory failure and a
fiesta of foolish risk management,
he says. But it was not, at least
writ large, fraud.
One may disagree with his conclusions, but Buell does an admirably brisk job of analysing whats
gone wrong with a litany of corporate prosecutions. His treatment
of the Enron fiasco is characteristically concise: The executives he
helped prosecute did not go to
prison for running a fake compa-
ny The
ny.
The prosecutions
were based on specific accounting
manoeuvres that crossed the line
from risky or aggressive management of the companys finances
into fraud. And critically, he adds,
the defendants could be shown to
have known what they were doing
was wrong.
Unfortunately, Buells reform
ideas seem like afterthoughts.
Since incorporation is technically
a state licence to do business, he
suggests states could be choosier
about what businesses corporations are allowed to engage in. But
in the real world, states compete
to make incorporation easier, not
harder. Another of Buells proposals is to redefine the legal duties
of corporate managers to include
more robust duties to the public.
Sounds nice, but its awfully vague.
The author himself admits that
in todays hyper-partisan political
environment, such reform ideas
are off the table, if not delusional.
In other words, the flaws and paradoxes of corporate criminal law
are likely to persist. Bloomberg
How to invest in
the lustre of lithium
BY NIRGUNAN TIRUCHELVAM
cals could be overtaken by battery use.

A similar transformation is underway on the roads. Electric vehicles are becoming affordable.
Elon Musks Tesla Motors plans
to boost the number of electric vehicles. These will be powered by
lithium. Tesla plans to produce one
million electric cars a year. If it does,
the demand for lithium will exceed
supply by a factor of two.
As with other commodities, China will be at the fulcrum of demand.
Chinas share of lithium consumption will rise to 60% from 50% in
2015. The countrys electric vehicle
market is tipped to rise at a faster
clip than the rest of the world. Car
penetration is only 10% in China, despite the country overtaking the US
as the largest auto market in 2010.
Lithiums allure as an investment
is in the thinness of its supply. Half
the worlds known reserves are buried in a remote corner of Bolivia.
Supply growth has been tepid in
the last decade as fossil fuels have
dominated commodity investment.
The case for lithium hinges on
the economics of electric vehicles.
Electric cars are definitely cheap to
operate. Theycost only two Singapore cents (RM0.06) a mile to operate compared with 12 cents for
petroleum-powered cars.
However, the batteries have been
expensive and unwieldy. A single
charge can propel a car for only 40
miles (64km). That is roughly the distance a petroleum-powered vehicle
can travel on a gallon.
Technology is moving rapidly to make lithium-powered batteries affordable. Chinese lithium prices have galloped from
US$7,000 (RM28,420) per ton to
over US$19,000 per ton.Lithium
carbonate skyrocketed by nearly
80% in the last year.
Unlike oil and gas, lithium is not
exchange-traded. There are hardly
any futures contracts or swaps as well.
The ideal way for investors to
benefit from the lithium boom may
be through listed companies. There
are hardly any pure proxies for lithium. The largest lithium producer
is a Chilean company listed on the
NYSE SQM. There is an ETF that
tracks lithium stocks Global X
Lithium. The ETF is up 17% this
year. The Edge Singapore
CHARGING my iPhone twice a day

has become a daily chore for me. It
is as indispensable to my routine
as shaving and brushing my teeth.
Lately, my iPhone 6 has shown
signs of decline. It takes at least 45
minutes of charging twice a day to
function without interruption. My
life comes to a standstill when the
battery dies.
b
The latest iPhone is 16 times
ffaster than the model Steve Jobs
unveiled nine years ago. However,
u
tthe battery life is the same. A fully
ccharged phone still lasts only a day.
For the last 50 years, the exponential growth of computing has
n
been driven by Moores Law: Every
b
ttwo years, the number of transistors
tthat one can fit on a chip doubles.
This means that processors are doubling in power every 18 months.
b
Computing power may have advvanced exponentially, but battery
power has moved at a glacial pace.
p
Battery technology is shockingly
B
deficient as smartphones become
d
a mass product.
Smartphones are charged by lithiium batteries. Lithium is the lightest
ssolid element and is ideal for cellphone batteries. Lithium is eight
p
ttimes lighter than nickel.
The father of lithium batteries
iis a 94-year-old physics professor
at the University of Texas John
Goodenough. He was persistent, as
well as innovative. From the mid1970s, Goodenough was convinced
that lithium was more than good
enough as a commercial battery.
Exxon, the oil giant, had developed
a battery made of lithium aluminium
oxide. The results were poor. It used
to explode and the battery power
was weak. Goodenough built a lithium-ion battery, which had double
the energy of any battery of its size.
It took over a decade to become
commercially viable. By 1991, lithium-ion batteries had been introduced in mobile phones. In 1996,
the first lithium-powered cell phone
with a cult following was Motoralas
StarTAC. It weighed three ounces and
had a talk time of one hour.
Lithium-ion batteries have now
eclipsed nickel batteries and are used
in virtually all smartphones. Batteries
accounted for 44% of lithium demand
in 2015. The march of smartphones
means that demand could rise to 55%
by 2020. Lithiums other uses such as Nirgunan Tiruchelvam is director,
in ceramics, glass and pharmaceuti- research at Religare Capital Markets.
Tax overhaul boosts Modis reform credentials

BY U NA GA L A NI
INDIAS tax overhaul will shore up

Narendra Modis reform credentials. The countrys upper house
of parliament is set to pass a bill
on Aug 3 that will pave a path to
the introduction of a nationwide
goods and services tax (GST) after
almost a decade of debate. It would
be the most significant tax reform
since independence. It is also evidence that the prime minister can
compromise to get things done.
A GST will tax consumers rather than producers and effectively

create a customs union between
the countrys 29 states. After parliament, the bill will then go to
the states for approval. Finally, a
special GST Council, including
state finance ministers, will need
to agree on specifics including the
tax rate. That could take another
year or so.
As it stands, the mooted reform
will not cover alcohol consumption, electricity, real estate and
petroleum products. Optimists

hope that, over the years, these
will be included. Pessimists fear
the list of exemptions will only
grow. Even with the expected exclusions, and based on a 17% to
18% standard tax rate suggested by a government-appointed
committee, the GST might add
80 basis points to growth, HSBC
economists reckon.
Take automakers like Maruti
Suzuki and Hero MotoCorp. Analysts at Edelweiss reckon the new
system could cut supply chain and

inventory costs for the sector by
up to 40%. If manufacturers lower prices for consumers, demand
may also rise. Other sectors from
cinemas to cement makers will
also benefit.
A pledge to compensate states
for lost revenues for five years
means it may be some time before the central government feels
any benefit. Even so, GST would
count as the second landmark
reform passed under Modi af-
ter the approval of a bankruptcy

code in May.
It is also evidence of a more
constructive tone after earlier
confrontations with the opposition Congress party led to legislative gridlock. This will raise
hopes that Modi might use the
momentum to go further and try
to overhaul labour laws or privatize banks. Theres a long list of
other reforms that could transform the way India does business.
Reuters
2 2 S P O RT S
Games unlikely
to boost Brazils
economy, says
UBS
BY BRUNO FEDEROWSKI
SAO PAULO: The Summer

Olympics are unlikely to boost
Brazils economy, analysts with
UBS wrote in a client note on
Tuesday, but signs of recovery
from the countrys worst recession in decades should nevertheless emerge in the second
half of this year.
After studying the academic
literature on the subject, they
concluded that in the vast majority of cases, the games are a
money-losing proposition for
host cities, even when taking
long-run benefits into account.
With a price tag of well
over US$10 billion (RM40.6
billion), for a country already
facing considerable strains on
its fiscal accounts and grave accusations of corruption in both
the public and private sectors,
the Rio Summer Olympics is
unlikely to be an exception to
the rule, lead analysts Ronaldo Patah and Michael Bolliger
said in the report.
Even so, the country is expected to rebound in the second half of 2016 from its deepest recession in 80 years, they
added, offering attractive opportunities for investors in
stocks and bonds.
Interim President Michel
Temers pledges to limit spending and curb debt have boosted Brazils stocks, bonds and
currency since leftist president
Dilma Rousseff was suspended
from government in May.
UBS rates Brazilian equities as most preferred, betting
on lower inflation and interest
rates in the future. Hard-currency sovereign bonds should
also perform well, according to
the report.
In USD bonds, we continue to believe that Brazil offers
some of the most interesting
investment opportunities
across asset classes in emerging
markets, the analysts wrote.
Reuters
Russian doping ban

appeals rejected
Court of Arbitration for Sport excludes 17 rowers from competing
RIO DE JANEIRO: The Court of Arbitration for Sport (CAS) on Tuesday rejected a challenge made by
17 Russian rowers against their exclusion from the Rio Olympics over
doping, a tribunal official told AFP.
The rowers were part of a group
of Russian sportsmen to appeal
Olympic bans ordered after an investigation revealed state-run doping in Russia.
Daniil Andrienko and 16 other
rowers lodged a case against the
The group had demanded to
World Rowing Federation and In- be allowed to take part in the Rio
ternational Olympic Committee Games which starts tomorrow.
(IOC) on Monday and a hearing
The appeal by the 17 was rejectwas held on Tuesday.
ed, the CAS official said.
The tribunal has still to give a

verdict on appeals by three swimmers, a wrestler, canoeist and the
Russian weightlifting federation.
The tribunal has been holding
special hearings in Rio to clear the
appeals before the Olympics begin.
Russian has been at the centre of
a new doping storm after an independent investigator, Canadian lawyer Richard McLaren, said in a report
that there had been widespread
state-backed doping in Russia.
The IOC then ordered sporting federations to draw up lists of
Russians who could compete in
Rio. AFP
Wada chief insists anti-doping

system not broken
RIO DE JANEIRO: Wada chief
Craig Reedie insisted the worlds
anti-doping system is not broken on Tuesday after a broadside from the International Olympic Committee (IOC) over how
state-sponsored cheating by Russia was handled.
Three days before the Rio
Olympics, Reedie came under attack from IOC president
Thomas Bach and other IOC
members at a meeting in the
Brazilian city.
The two global sports bodies
are at odds over an investigation
that revealed state-orchestrated
Russian doping which left the IOC
scrambling for a response.
Wada and several national anti-doping agencies called for Russias entire team to be banned
from Rio, but the IOC left decisions on Russian participation
to individual sports.
Reedie: We cannot have the biggest

country in the world non-compliant on
a permanent basis. Photo by Reuters
On Tuesday, Bach called for a

full review of Wada and members lined up to criticise the body,
before voting 84-1 in favour of the
move to let Russia compete in Rio.
Reedie said he found some of

the IOC criticism personally offensive and defended Wada, although he accepted that some of
the agencys workings needed an
overhaul.
I heard a view this morning
that the system is broken, Reedie
told the IOC delegates. I would
like to say that all of it is not broken, part of it is broken and we
should start identifying those
parts that need attention.
Reedie also said the Russian
revelations shook the world to
its shoelaces and had put Wada
and the IOC, as well as many athletes, in a difficult spot.
But he said he was heartened
that Russia had accepted that it
had a major problem with doping.
We cannot have the biggest
country in the world non-compliant on a permanent basis. said
Reedie. AFP
Brazil to deploy military to tourist sites, stadium security lax

BY PEDRO FON SECA
&ROD RI GO VI GA GAIER
RIO DE JANEIRO: Brazil said on

Tuesday it was deploying the military to patrol the emblematic tourist sites in Rio de Janeiro to guard
against the minimal chance of
an attack, though security at the
Olympic stadium appeared slack
three days before the Games.
Justice Minister Alexandre de
Moraes said deploying the military
to the Christ the Redeemer statue
and Sugarloaf Mountain would free
up police to patrol other areas of the
city during the Games, which run
from Aug 5 to Aug 21.
Speaking at the inauguration

of the Centre for International
Police Cooperation, which allows
countries competing in the Games
to share information on security
threats, Moraes said agents with
handheld metal detectors would
check visitors to the Christ the Redeemer statue, which sits atop the
Corcovado mountain at the centre
of the city.
The military will also patrol strategic points in Rio such as energy, water and telcommunications
installations, airports and tram
stations.
Concerns over possible attacks
at the Games jumped last month
after Brazil detained 12 people on

suspicion of links to the Islamic State
militant group. Police said they were
monitoring some 100 suspected Islamist militants, particularly in the
porous southern border region with
Paraguay and Argentina.
However, the minister said that
the chances of any attack were
minimal. Nevertheless, at the
main Olympic stadium on Tuesday, an X-ray machine to scan visitors was not connected and there
was no bar code scanner to check
Olympic accreditation.
Organisers last week cancelled
the contract of the relatively unknown security firm, Artel, which
was supposed to check credentials

and bags at the entrance to stadiums, replacing them with military
police reservists.
A Reuters reporter was able to
walk around the Engenhao stadium, visiting the changing rooms
and other areas, without any restrictions. The minister said that
security was due to be tightened
yesterday.
We have already incorporated
2,000 of the 3,400 expected agents
and we have until tomorrow to get
them trained and operational. If
there is any problem, it will be
checked and fixed, the minister
said. Reuters
IN BRIEF
Shadow of death hangs
over Rio before Games
Amnesty
RIO DE JANEIRO: A sharp increase in police killings has cast
a shadow of death over Rio de
Janeiro as it prepares to host the
Olympic Games, Amnesty International said on Tuesday. The
rights group said the number
of people killed by police in the
crime-plagued Brazilian city had
more than doubled between April
and June 2016 from a year ago. A
shadow of death has set over Rio
de Janeiro and it seems that the
authorities only care about how
pretty the Olympic Park looks,
said Atila Roque, director at Amnesty International Brazil, in a
statement. Rio is a city where drug
traffickers and armed gangs often
control slums and spark heavily
armed police raids. Reuters
CAS panel to rule on

Morgan without hearing
RIO DE JANEIRO: The Court
of Arbitration for Sport (CAS)
will deliver a ruling on Jamaican discus thrower Jason Morgans appeal against his omission
from the countrys Olympic team
based on written submissions
instead of through a hearing.
Sports highest court did not reveal when the ruling, to be made
by a three-member CAS panel,
would be disclosed, however.
Jamaica Athletics Administrative
Association president Warren
Blake said after last months national trials that despite having
already thrown the qualifying
standard, Morgan did not warrant an automatic spot on the
team as he placed fourth in that
competition. Reuters
Rita Jeptoos former coach

hit with doping charges
NAIROBI: Italian coach Claudio
Berardelli was formally charged
in a Kenyan court on Tuesday
over the alleged doping of Kenyan athletes, including marathon
star Rita Jeptoo. Berardelli, who
was previously head coach of
Italian athletics management
company Rosa and Associati,
denied the charges and was released on bail. He was arrested
alongside his former boss, Federico Rosa, who manages over
10 top Kenyan athletes who are
scheduled to take part in the
Olympics. Berardelli is accused
of administering the banned
blood booster Erythropoietin
on Jeptoo in 2014. AFP
Kuwait loses suit

against IOC ban
GENEVA: A Swiss court has dismissed a US$1 billion (RM4.06
billion) suit filed by Kuwait
against the International Olympic Committee (IOC) over the
countrys suspension from competition, an IOC source said on
Tuesday. Kuwait was ordered
to pay the legal costs of the suit,
according to the source. The IOC
suspended Kuwait in October
over laws that allow government
interference in sports. Apart from
the IOC and Fifa, 16 other international sporting federations
have also blacklisted Kuwait.
AFP
S P O RT S 2 3
Murray shrugs off Zika, Rio absentees

RIO DE JANEIRO: Andy Murray
shrugged off the potential threat
of the Zika virus as well as the absence of two of his leading rivals on
Tuesday as he prepared to defend
his Olympic title.
The British star, who won his second Wimbledon crown last month,
admitted he was just as likely to get
bitten by mosquitoes, which carry
the Zika disease, in Miami where
Nadal ready to
play in all three
events in Rio
BY A DRI A NA GA RCIA
RIO DE JANEIRO: Spains Rafael Nadal has confirmed he

will compete in all three tennis
events at the Rio Olympics despite being not at his best after
being sidelined due to a wrist
injury since May.
There were doubts whether
the 2008 gold medalist, who
withdrew from the French
Open and missed Wimbledon,
would recover in time to compete at the Games.
After two days of training in
Rio alongside compatriot David
Ferrer, Nadal told Spanish radio
station Cadena Cope yesterday:
Its evident that the condition
of my wrist is not ideal and if it
wasnt the Olympics, I would
not take this risk.
However, having spoken
to my team and with Conchita
(Martinez), Ive decided to play
the singles and everything else.
There is always a risk but
I trained six hours between
Monday and Tuesday and although the wrist still bothers
me, at least it hasnt worsened
and that is great news.
The 14-time Grand Slam
champion, 30, missed the
Olympics four years ago with
a knee injury.
World No 5 Nadal, who is
due to be Spains flag bearer,
will compete in the singles
event and also take part with
Marc Lopez in the doubles
and Garbine Muguruza in the
mixed doubles. Reuters
he has a second home as he was in

the sprawling Brazilian city.
However, he insisted that the
absence from Rio of wife Kim and
baby daughter Sophia was not
related to the controversy which
has seen a host of players refuse
to come to Rio for health reasons.
No, Kim and Sophia arent coming. They were never coming, the
29-year-old said after his first train-
IN BRIEF
Athletes say Village
much improved but
gripes remain
ing session at the Games.

I spoke to my doctor and he
assured me everything should
be OK. Hopefully, I dont get too
many mosquito bites, but I dont
think its too bad at this time of
the year.
There are a lot of places that
are a little bit dodgy, like in Miami
as well. You just hope that nothing
happens. AFP
Malaysia all prepared

to roar in Rio
But chef de mission refuses to name medal target
Pele asked to light

Rio pyre, checks
with sponsors
RIO DE JANEIRO: Malaysian chef

de mission Tan Sri Mohamed AlAmin Abdul Majid said the 32 national athletes are all ready to roar
at the Rio Olympics Games which
begins here tomorrow.
Exuding confidence, he said, the
national contingent is fully-prepared and ready to make great
strides in badminton, cycling and
diving, and possibly archery, the
core of Malaysias medal prospects.
Pressed for a target and expectations, Al Amin refused to name
the number and believed that there
would be some surprises in store
to improve on the two-medal haul
in the last Games in London four
years ago.
Arriving in the second largest
Brazilian city of 6.5 million people
four days ago, along with the badminton team and other athletes,
he said, the athletes have started
to acclimatise themselves with the
surroundings.
Based on my rounds and feedback, the athletes have settled down
in the Games Village, he told the
Malaysian media after the flag-raising ceremony at the sprawling village which houses more than 11,000
athletes and officials from over 200
countries here on Tuesday.
On his visit to the training venues across the city, Al Amin said
BRASILIA: Pele has been invited

to light the Olympic pyre for the
Rio Games tomorrow, but the
Brazilian soccer great is checking
with his sponsors to see if he is
free to lead the torch ceremony
in the Maracana stadium. I have
a contract that I am bound to
fulfil, Pele told Globo television
late on Tuesday, adding that he
was consulting the US company
that holds the rights to his brand
name whether he can take up
the invitation from the Olympic organising committee. As a
Brazilian, Id love to do it, said
the 75-year-old, who helped his
country win the World Cup three
times and would be launching
the Games in the stadium where
he scored his 1,000th goal in
1969. Reuters
The Malaysian athletes and ocials posing after the Jalur Gemilang ag-raising
ceremony at the Rio Olympic Games Village in Rio De Janeiro, Brazil, yesterday.
Photo by Bernama
he was satisfied with the facilities.

The athletes are better prepared
and there are no major issues, except for food adjustments at the
Games Village and doping-free
during the pre-Games examination, he said.
In international meets, the
variety of food served is up to
international standard. The taste

might not be to our liking and we
will see how adjustments can be
made.
I can say we are quite eager to
start off the challenge and I believe
the athletes are ready and expected to give their best, he added.
Bernama
Wife and kids boosts Chong Weis spirits

RIO DE JANEIRO: Badminton superstar Datuk Lee Chong Wei heads
into his final Olympics here with a
dream of leading Malaysia to a first
gold medal and a culmination to
his stellar career.
The 34-year old world No 1 believes he possesses the neccesary
depth to make it, despite the clarion call from critics to hang up his
racket.
The top seed is all set to bid farewell to Rio Games with a dream to
capture the elusive
gold medal which Chinese mega
star, Lin Dan foiled in two previous finals.
RIO DE JANEIRO: Despite

lingering issues with plumbing and laundry, athletes and
training staff say the Olympic
Village is much improved, nine
days after blocked toilets and
exposed wiring forced the Australian team to move. Organisers hired around 600 people to work on repairing the
31-building complex housing
more than 17,000 participants
at the Rio de Janeiro Games and
within days they had coaxed
the Aussies back. At first we
had some problems, but they
were fixed and were happy
with the place. The rooms are
even bigger than in London
(2012), said Australian canoe
coach Mike Druce on Tuesday.
Rio officials called the issues
teething troubles. Reuters
I still can go all out and do it,

said Chong Wei after the national
flag-raising ceremony at the Games
Village here on Tuesday.
Looking relaxed, Chong Wei said
that his wife and two sons are his
drive, after coming out from an
eight-month doping suspension
last year.
He attributes his astonishing rise
from the doping suspension, which
robbed him of his world No 1 title
which he held for six years, to his
wife, Wong Mew Choo, a former
national badminton player herself.
I wouldnt be where I am now after the controversy and stigma of
having tested positive for a banned

stimulant, he said.
He said that his wife was his
biggest motivator when the world
shunned him after he tested positive for the anti-inflammatory drug,
dexamethasone, during the World
Championships in Copenhagen in
August 2014.
No one understands, except
my wife, who herself was a player. She pushed and encouraged
me during the trying times, he
said.
He said the criticisms from all
quarters also made him more determined to recapture his No 1 title
after coming back into active competition in May.

Asked what gave him the tonic
to be in high spirits in Rio, he said it
was the daily dosage of encouragement from his wife through phone
calls and Skype calls with his two
sons, Kingston, 3, and one-year
old Terrence.
Chong Wei is expected to meet
his nemesis, Lin, in the semi-finals
here. On his chances against Lin,
he said he would prefer to take
one game at a time from the group
matches onwards.
The badminton events here start
on Aug 11. Bernama
Kerry heads US
delegation to Rio
opening ceremony
WASHINGTON: US Secretary
of State John Kerry will represent President Barack Obama
at the opening ceremony for
the Rio Olympics tomorrow,
the White House and State Department said on Tuesday. The
trip, Kerrys 112th since taking
office, took him first to Argentina yesterday and today. Accompanying him will be several
officials and nine-time Olympic gold medal swimmer Mark
Spitz. Kerry will also meet with
US Olympians. In Brazil, Kerry
will also hold talks with Foreign
Minister Jose Serra. AFP
Australia mourns death

of oldest Olympian
RIO DE JANEIRO: Australia
mourned the death of its oldest Olympian on Tuesday after
former swimming coach and
modern pentathlete Forbes
Carlile passed away in Sydney
at the age of 95. Carlile coached
Australia at the 1948 London
Games and competed in Helsinki in 1952. The national Olympic Committee said he was the
only Australian to participate
in a Games as a coach before
competing. Reuters
24
live it!
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
Personal
ASSISTANT
A ragtag team of the most

villainous of villains from
the notorious Belle Reve
Federal Penitentiary
COMPI L ED BY S HALINI YEAP
WORK. LIFE. BALANCE
GROOVE to music by Orkes Padu acclaimed

Malaysian folk rock singer-songwriter Azmyl
Yunors project with producer and long-time
bandmate Raje. The project features a rotating
cast of band members from the local independent live music scene including bassists Sadat,
Mustaq (Keladak, Space Gampus Experiment,
The Sofa Sessions), Adrian Yap (Furniture, AY
& the Sigarettes, Ferns); guitarists Syaril Zizi
(False Opus, Lab the Rat), N.R. Lohan (Cats in
Love, Square Circles), Jason Ong (Bens Bitches),
Keng (Seven Collar T-shirt, AY & the Sigarettes),
saxophonist Adil Johan (Adil Johan Quartet,
Nadir), and percussionist Ammar Khairi (The
Maharajah Commission, Vega). Make your way
to Gaslight Cafe & Music at Unit 15-2, Jalan
Medan Setia 1, Plaza Damansara, Bukit Damansara Kuala Lumpur at 9pm today. Tickets
are available at the door for RM20. Visit www.
facebook.com/gaslightcafekl or call (03) 2011
4047 for more information.
CHAOTIC AT BEST
The highly anticipated antisuperhero Suicide Squad
falls short of the mark
TONIGHT, treat yourself to a movie under the

stars accompanied by popcorn, both complimentary by Frisky Rooftop Bar. Todays screening is of Australian comedy The Little Death,
which follows the story of the secret lives of
ve suburban couples living in Sydney, who
reveal both the fetishes and the repercussions
that come with sharing them. Head to Frisky
Rooftop Bar @ Market Place, 4A Lorong Yap
Kwan Seng, Kuala Lumpur at 9.30pm to catch
the show. Call (03) 2166 0750 or visit www.
facebook.com/FriskyBarKL for more details.
WATCH Titus Andronicus by theathrethreesixty and KL
Shakespeare Players
at the Damansara
Performing Arts Centre tonight. The play
written by William
Shakespeare is a violent look at the price of
loyalty where atrocities are considered sacrices, and revenge is a
zero-sum game where no one wins in the end.
It asks dicult questions about the nature of
complicity where the conscience ends and
the rule of law prevails. Watch the 8.30pm show
at DPAC, Empire Damansara, Jalan PJU 8/8,
Damansara Perdana, Petaling Jaya. Tickets are
priced at RM48 and can be purchased via the
venues website, every 10 tickets purchased in a
group booking will entitle you to one free ticket.
BY P E TRI NA FE RNANDE Z
Director: David Ayer

Cast: Will Smith, Jared Leto,
Margot Robbie, Joel Kinnaman, Adewale
Akinnuoye-Agbaje and Viola Davis
Length: 123 minutes
Opening: Now playing (opens today)
egardless of your stake in superhero franchises and whether youre team Marvel or team
DC, chances are youve been
intrigued by Suicide Squads
all-out marketing campaign.
Neon posters, strong casting and the promise
of the Joker have built heavy hype surrounding the anti-superhero movie, which, except
in extraordinary circumstances, almost inevitably spells disappointment.
Warner Bros gets props for superb casting, bringing together Will Smith (marksman
Deadshot), Margot Robbie (Jokers girlfriend
Harley Quinn), Adewale Akinnuoye-Agbaje (the scaly Killer Croc), Jay Hernandez
(reluctant pyromaniac El Diablo) and Jai
Courtney (Captain Boomerang guess his
weapon of choice). In a time of peace, US
intelligence officer Amanda Waller (played
by Viola Davis) assembles a ragtag team of
the most villainous of villains from the notorious Belle Reve Federal Penitentiary to
prepare for possible future threats wreaked
by metahumans What if the next Superman isnt on our side? she justifies.
They are placed under the supervision of

elite operative Rick Flag (Joel Kinnaman),
whose vested interest in the task comes in
the form of his archaeologist girlfriend June
Moone (Cara Delevingne), possessed by
ancient witch Enchantress. When Waller
attempts to harness Enchantress powers,
the witch escapes and enlists the aid of her
brother, Incubus. Waller has created her own
villains and rather lacklustre ones at that.
Once worshipped by man and furious at
being outcast in modern times, Enchantress
vows to create a machine that will destroy the
world. Dramatic, interminable swaying ensues
as she summons a great light topped by swirling
metal chunks to assemble her weapon. What
exactly it is, no one knows. Apparently not even
Enchantress herself, who, near completion of
the mysterious machine, asks Waller how she
could best go about destroying her soldiers.
Such muddy plotlines hasnt this lightthrough-the-sky visual been done to death
already and the leaps of logic required to
make this believable, let alone to emotionally investable, prove the downfall of the
movie. Its a pity too, as it has potential to
be so much more more cohesive, impactful, dark, hallucinogenic. Smith and Robbie have good chemistry, though Robbies
Harley Quinn suffers from erratic character
development.
Shes more Barbie with a bat than psychedelic psychopath. The same goes for her other
half, Joker (Jared Leto). Though prominently
featured in marketing materials, he is little
more than a lovelorn sideshow here, with
antics falling far short of the outrageous mayhem expected of the Clown Prince of Crime.
Leto makes for a promising Joker however
it would be interesting to see what he could
do with the role given the right script.
Brief flashbacks and dialogue references
deliver the backstories of the Suicide Squad

to establish their current motives. Explosive
chips implanted into their necks and controlled by a smartphone app by Flag and
Waller ensure they toe the line in a mission
to rescue a secret VIP from the destruction
Enchantress is wreaking in the city. Given
that theyre notorious villains, they play
nice too easily and camaraderie is forged
in a matter of hours, as the bulk of the story
unfolds over the course of a single night.
Akinnuoye-Agbaje makes Killer Croc
likeable enough for a crusty, killer reptile
but Courtneys Captain Boomerang is superfluous. A remorseful El Diablo gains
Hernandez instant sympathy while Smiths
fatherly instincts make him relatable both
characters have been fleshed out enough
to have audiences rooting for them. Smith
also has some of the best lines in the movie,
though nothing especially quotable.
The soundtrack is as varied as the tones
and textures of the show, running the range
from Bohemian Rhapsody to Purple Lamborghini by Skrillex and Rick Ross. There are
moments when everything comes together
beautifully but they are too brief, few and
far between Harley Quinns introductory
scene, for instance, underscored by Eminems attitude-rich Without Me. Cameos
of Batman, the Flash and the Jokers limited scenes set up future franchises but add
little value or thrill to the story.
In trying to please everyone, the choppy
Suicide Squad does exactly the opposite. In
a movie about villains the worst of the
worst, at that there are none to be found.
In fact, the coldest, most cut-throat persona here seems to be Waller. That said, and
despite all the negative feedback already
floating around, there is no doubt that fans
will be flocking to catch it.
Markets 2 5
BURSA MAL AYSIA MAIN MARKET
Bursa Malaysia
YEAR
HIGH
Sectorial Movement
INDICES
CLOSE
+/-
%CHG
INDICES
CLOSE
+/-
%CHG
KLSE COMPOSITE
1,648.50
-11.73
-0.71
TECHNOLOGY
22.14
0.05
0.23
KLSE INDUSTRIAL
3,098.02
-13.96
-0.45
FTSE BURSA 100
11,273.43
-59.98
-0.53
13,275.61
3.10
0.02
-12.38
-0.08
CONSUMER PRODUCT
605.29
-2.40
-0.39
FTSE BURSA MID 70
INDUSTRIAL PRODUCT
140.71
-0.48
-0.34
FTSE BURSA SMALL CAP
15,259.37
CONSTRUCTION
284.08
-0.58
-0.20
FTSE BURSA FLEDGLING
15,746.02
96.55
0.62
TRADE & SERVICES
224.78
-0.54
-0.24
FTSE BURSA EMAS
11,571.88
-58.51
-0.50
KLSE FINANCIAL
14,070.82
-165.18
-1.16
FTSE BUR MSIA ACE
KLSE PROPERTY
1,160.38
5.30
0.46
KLSE PLANTATION
7,578.44
-8.48
482.29
Unch
KLSE MINING
5,373.43
-18.83
-0.35
FTSE BUR EMAS SHARIAH
12,201.55
-21.83
-0.18
-0.11
FTSE BUR HIJRAH SHARIAH
13,666.16
-30.61
-0.22
Unch
FTSE/ASEAN 40
9,366.79
-113.25
-1.19
Bursa Malaysia Main Market

YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.824 0.533 0.785
4.270 3.350 3.900
15.020 5.327 15.000
0.360 0.215
6.320 4.052 6.220

1.670 0.900
5.299 2.977 4.050

64.042 40.235 50.460
0.080 0.040 0.040
0.920 0.550 0.590
1.870 0.880 1.690
0.660 0.427 0.560
0.400 0.230 0.310
15.180 10.731 14.580
0.639 0.351 0.560
2.761 1.970 2.030
1.970 0.478 1.390
3.290 1.670
0.075 0.025 0.035

2.417 1.980 2.030
1.590 1.010 1.560
0.175 0.065 0.080
0.075 0.040 0.050
0.965 0.765
65.980 43.275 65.980

0.165 0.065 0.085
0.265 0.065 0.075
0.260 0.165 0.195
0.460 0.190 0.245
2.568 1.659
0.325 0.210 0.220

0.940 0.640 0.790
27.000 16.547 26.520
0.940 0.475 0.680
1.108 0.990
1.207 0.376 0.825

0.966 0.553 0.765
1.640 0.720 0.890
2.738 2.054 2.450
1.200 0.930
0.135 0.010 0.045

18.400 11.735 18.000
9.040 4.329 9.040
1.196 0.860 0.940
0.515 0.370 0.400
5.280 2.850 4.250
1.416 1.049 1.330
0.590 0.340 0.545
2.378 1.760 2.040
1.420 0.753 1.080
0.995 0.510 0.545
3.160 2.130 2.390
3.965 2.280
0.205 0.025 0.085

0.910 0.560
2.540 1.742 2.000

1.180 0.920
0.110 0.035 0.095

8.100 4.950 5.240
9.700 2.950 8.650
0.365 0.250 0.290
3.325 1.960 3.030
0.885 0.700 0.725
1.854 1.330 1.420
4.585 2.374 3.950
0.110 0.020
1.530 1.141 1.490

1.040 0.810
1.244 1.033
5.100 4.382 4.900

0.105 0.025
1.626 1.084
81.800 69.091 80.380

3.350 2.125 3.330
0.200 0.080 0.095
0.370 0.220 0.265
1.079 0.614 0.860
0.753 0.380 0.400
0.060 0.040 0.060
2.550 1.834 2.400
7.139 6.294 6.660
2.700 1.212 2.700
39.920 19.941 39.100
1.000 0.587 0.925
0.390 0.200
0.885 0.275 0.495

1.120 0.700 0.745
0.229 0.123 0.160
0.580 0.402 0.505
2.043 1.373 1.580
16.784 14.079 16.080
0.614 0.458 0.510
2.077 1.348 1.460
0.749 0.440 0.715
2.896 1.897 2.330
4.650 3.662 4.400
1.650 1.340
1.438 1.150 1.190

0.500 0.270 0.340
1.250 0.550 1.180
1.430 0.550 0.600
0.120 0.055 0.065
2.450 0.890 2.000
1.411 0.704 1.000
0.055 0.035
0.405 0.130 0.295

2.750 1.671 2.450
1.505 0.723 1.430
0.745 0.365 0.560
0.450 0.280
2.935 1.860 1.950

1.406 0.346 1.330
1.702 1.031 1.210
1.610 1.184 1.320
0.560 0.435
0.510 0.170 0.420

10.432 4.880 5.790
2.332 1.468 2.100
1.008 0.417
0.098 0.035 0.040

0.670 0.390 0.430
0.607 0.120 0.135
2.367 1.404 2.300
0.930 0.190 0.930
1.370 0.787 1.300
2.886 2.105 2.240
1.921 1.335 1.370
INDUSTRIAL PRODUCTS
1.460 0.888 1.400
0.160 0.095 0.095
0.590 0.470
0.330 0.260
1.040 0.650 0.720

* Volume Weighted Average Price
DAY
LOW
0.785
3.900
14.800
6.180
4.000
49.020
0.040
0.575
1.650
0.540
0.305
14.500
0.535
2.020
1.340
0.025
1.990
1.550
0.075
0.045
63.920
0.085
0.065
0.195
0.240
0.220
0.790
26.080
0.675
0.825
0.760
0.885
2.450
0.040
17.900
8.870
0.905
0.395
4.250
1.320
0.525
1.950
1.040
0.540
2.330
0.070
2.000
0.075
5.180
8.650
0.285
2.950
0.720
1.410
3.910
1.450
4.890
79.380
3.110
0.090
0.260
0.840
0.385
0.050
2.400
6.640
2.670
37.780
0.890
0.495
0.740
0.155
0.505
1.510
15.620
0.510
1.430
0.700
2.330
4.400
1.170
0.305
1.170
0.585
0.065
1.910
0.975
0.280
2.430
1.370
0.555
1.940
1.280
1.190
1.320
0.420
5.620
2.090
0.035
0.410
0.125
2.290
0.885
1.250
2.160
1.350
1.380
0.095
0.720
CODE
7120
7090
2658
7051
6432
7722
7129
4162
7243
9288
7174
7154
7128
2836
7035
7148
9423
2828
5188
7205
7202
5214
7179
7119
3026
7198
7182
5091
9091
7149
7208
7094
3689
9776
2755
8605
9172
5102
5606
5606PA
5187
3255
3301
5160
7213
7141
5024
8478
5107
7152
8931
5247
7216
8303
6203
7062
0002
5172
7006
9385
8079
7089
7126
7085
7087
5189
3662
7935
5886
5202
5150
3921
4707
7060
7139
7215
5066
7071
7071PA
7107
4006
7052
3719
5022
9407
6068
5231
4081
5080
7088
4065
7190
8966
7134
7237
7084
9946
5252
5157
7180
7165
7165PA
7412
7246
8532
7943
7103
7186
7082
7211
4405
7200
7252
9369
7230
7176
4588
7757
7203
5156
7121
5155
5584
7184
5159
7178
5131
0012
7086
7061
7131
7191
COUNTER
ACOSTEC
AHEALTH
AJI
AMTEK
APOLLO
ASIABRN
ASIAFLE
BAT
BIOOSMO
BONIA
CAB
CAELY
CAMRES
CARLSBG
CCK
CCMDBIO
CHEEWAH
CIHLDG
CNOUHUA
COCOLND
CSCENIC
CSL
DBE
DEGEM
DLADY
DPS
EKA
EKOWOOD
EMICO
ENGKAH
EURO
EUROSP
F&N
FARMBES
FCW
FFHB
FPI
GCB
GOLDIS
GOLDIS-PA
HBGLOB
HEIM
HLIND
HOMERIZ
HOVID
HUATLAI
HUPSENG
HWATAI
IQGROUP
JAYCORP
JERASIA
KAREX
KAWAN
KFM
KHEESAN
KHIND
KOTRA
KSTAR
LATITUD
LAYHONG
LEESK
LIIHEN
LONBISC
LTKM
MAGNI
MAXWELL
MFLOUR
MILUX
MINTYE
MSM
MSPORTS
MWE
NESTLE
NHFATT
NICE
NIHSIN
NTPM
OCR
OCR-PA
OFI
ORIENT
PADINI
PANAMY
PAOS
PARAGON
PCCS
PELIKAN
PMCORP
POHKONG
POHUAT
PPB
PPG
PRLEXUS
PWF
PWROOT
QL
REX
SASBADI
SAUDEE
SERNKOU
SGB
SGB-PA
SHH
SIGN
SINOTOP
SNC
SPRITZER
SWSCAP
SYF
TAFI
TCHONG
TEKSENG
TEOSENG
TGL
TOMEI
TPC
UMW
UPA
WANGZNG
XDL
XIANLNG
XINQUAN
YEELEE
YEN
YOCB
YSPSAH
ZHULIAN
3A
ABLEGRP
ABRIC
ACME
ADVENTA
CLOSING
(RM)
0.785
3.900
14.800
0.220
6.200
0.900
4.030
49.500
0.040
0.585
1.670
0.550
0.305
14.560
0.550
2.030
1.360
2.640
0.035
2.000
1.550
0.080
0.045
0.835
63.920
0.085
0.075
0.195
0.245
2.030
0.220
0.790
26.100
0.680
0.990
0.825
0.760
0.885
2.450
1.040
0.045
17.960
9.000
0.910
0.400
4.250
1.330
0.540
2.040
1.080
0.540
2.350
3.700
0.080
0.745
2.000
1.040
0.080
5.240
8.650
0.285
3.030
0.720
1.410
3.950
0.020
1.460
0.990
1.060
4.890
0.035
1.380
79.400
3.180
0.090
0.265
0.860
0.400
0.060
2.400
6.660
2.690
38.160
0.920
0.330
0.495
0.745
0.155
0.505
1.570
15.820
0.510
1.440
0.710
2.330
4.400
1.530
1.170
0.340
1.170
0.600
0.065
2.000
1.000
0.055
0.295
2.440
1.430
0.555
0.330
1.940
1.320
1.200
1.320
0.465
0.420
5.750
2.090
0.930
0.035
0.430
0.130
2.290
0.925
1.300
2.240
1.360
1.390
0.095
0.505
0.265
0.720
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
-0.005
7
0.150
3.2
-0.100
23.2
0.050
9.5
0.020
32.8
-1.060
262.3
-0.005 1238.2
0.005
418.4
-0.020
152.2
UNCH
1384
UNCH
69
0.060
63.1
0.015
359.4
0.010
24.6
0.010
268.3
UNCH
680.1
-0.020
117
-0.020
32
-0.005 5541.2
UNCH 7678.4
-0.080
13.3
-0.005
817.2
0.005 1064.4
UNCH
20
0.005
104
UNCH
205
0.010
2
-0.240
402.4
UNCH
10
UNCH
18.1
0.015
11.8
-0.005
112
UNCH
0.9
-0.005
127
-0.020
46.6
0.110
21.4
-0.015 1567.6
UNCH
540
-0.010
2.5
UNCH
178.2
0.010
49.3
0.070
79.7
0.040
571.7
-0.005
4.8
0.020
577.9
0.010
73
-0.100
5
-0.010 12169.4
UNCH
10
0.050
2.1
UNCH
246
0.050
209.5
0.005
16.8
0.010
19.2
0.020
101.5
-0.030
760.6
-0.010
5.8
UNCH
195.2
-0.020
46.5
UNCH
348.8
UNCH
170.9
0.005
474.4
0.015
4908
0.010 26383.7
0.010
1
0.020
3.6
0.030
587.3
0.380
65.3
0.025
322.2
-0.035
5
0.005
11
-0.005
285.5
-0.005
470
0.070
892.1
-0.240
806.7
-0.020
1.2
UNCH
34.1
UNCH
509.8
-0.060
3
UNCH
647.3
-0.020
101.5
0.025 4380.3
-0.020
17
0.010 1905.6
UNCH
152
0.090
68.2
0.015
743.4
0.015
375.7
0.010
66.2
0.070
134.1
-0.005
364
UNCH
7
0.010 1596.6
-0.010
149.1
0.020
4
UNCH
75
UNCH
116.2
-0.010
56
-0.005 1224.6
UNCH
3
0.005 1185.9
UNCH
37
0.065 2620.8
UNCH
447.8
0.080
8.5
UNCH
60.5
0.785
3.900
14.880
6.200
4.024
49.738
0.040
0.582
1.657
0.551
0.307
14.556
0.546
2.024
1.367
0.035
2.006
1.559
0.079
0.045
64.232
0.085
0.070
0.195
0.245
0.220
0.790
26.351
0.676
0.825
0.760
0.886
2.450
0.042
17.972
8.968
0.924
0.397
4.250
1.324
0.530
1.992
1.066
0.543
2.352
0.071
2.000
0.088
5.197
8.650
0.285
2.997
0.725
1.414
3.922
1.465
4.897
79.414
3.246
0.091
0.263
0.851
0.395
0.057
2.400
6.657
2.687
38.604
0.908
0.495
0.741
0.155
0.505
1.550
15.922
0.510
1.440
0.707
2.330
4.400
1.174
0.329
1.171
0.590
0.065
1.964
0.989
0.291
2.439
1.405
0.556
1.944
1.315
1.201
1.320
0.420
5.708
2.099
0.035
0.420
0.129
2.290
0.906
1.275
2.161
1.361
14.09
12.83
22.06
16.65
10.04
20.94
18.75
13.13
8.53
9.00
19.22
12.33
12.37
7.28
14.43
14.04
14.42
1.41
15.94
25.91
141.67
6.41
43.94
30.99
164.58
25.03
36.26
10.20
10.17
11.01
13.95
20.42
12.55
9.20
19.32
10.74
19.30
22.22
8.57
8.30
7.37
34.46
24.12
14.81
9.91
24.24
6.60
132.06
10.40
8.04
7.48
15.74
7.83
24.25
319.35
21.03
13.04
29.86
11.74
50.00
28.80
16.54
22.62
14.52
14.97
15.77
32.06
8.48
20.67
52.60
7.53
17.61
15.41
7.57
15.99
16.07
28.57
21.04
33.14
6.78
14.16
61.11
12.49
92.86
9.42
112.14
10.26
13.06
20.00
22.22
9.40
11.26
38.89
0.97
11.64
11.59
12.27
14.08
3.18
2.82
2.28
4.84
0.56
3.97
5.17
3.21
1.82
4.95
2.73
4.68
1.47
3.69
6.45
2.99
1.56
3.20
2.39
1.52
1.21
9.21
0.82
3.85
3.06
3.56
4.95
2.50
3.01
4.90
3.70
0.71
0.68
3.50
2.29
4.40
2.84
2.03
2.74
4.72
5.32
0.96
3.02
3.46
1.89
0.93
1.77
2.70
3.72
3.64
2.72
1.98
2.55
1.58
2.45
1.65
3.17
4.72
0.97
1.71
5.00
5.00
2.05
0.70
2.58
2.27
2.92
5.68
2.15
3.48
4.31
3.23
14.08
1.53
3.08
2.90
4.41
139.6
456.9
899.8
11.0
496.0
71.2
774.2
14,133.7
19.9
471.7
287.4
44.0
60.0
4,485.6
173.4
566.3
57.3
427.7
23.4
457.6
186.8
99.4
39.3
111.9
4,090.9
50.0
23.4
32.8
23.5
143.6
53.5
35.1
9,572.9
41.5
247.5
70.4
188.0
424.9
1,496.1
473.6
21.1
5,425.7
2,951.1
273.0
326.5
368.3
1,064.0
40.4
179.6
148.2
44.3
2,355.6
988.2
5.5
74.5
80.1
137.8
21.3
509.4
524.0
47.8
545.4
134.3
183.4
642.8
8.0
803.3
53.9
64.4
3,437.6
21.2
319.6
18,619.3
239.0
27.2
63.2
966.0
91.4
39.7
576.0
4,131.8
1,769.8
2,318.1
111.1
23.1
29.7
412.2
119.9
207.2
356.1
18,754.6
51.0
254.6
115.3
708.6
5,491.3
94.3
326.9
40.8
140.4
77.5
31.8
100.0
240.3
108.6
19.5
393.8
208.6
339.7
26.4
1,303.7
435.6
360.0
53.8
64.4
98.2
6,717.7
166.3
148.8
94.3
31.3
63.1
430.2
127.2
208.0
301.6
625.6
1.384
0.095
0.720
23.52
18.28
43.11
1.01
547.1
25.1
74.3
57.9
110.0
0.010
UNCH
0.010
190.7
100.4
109.2
# PE is calculated based on latest 12 months reported Earnings Per Share
YEAR
LOW
DAY
HIGH
DAY
LOW
2.450 1.795
0.180 0.100 0.180

0.150
0.480 0.325
0.515 0.260 0.505

0.480
4.717 2.167 3.910
3.870
0.465 0.110
0.940 0.610 0.800

0.800
0.460 0.325 0.360
0.350
1.450 0.620 1.420
1.370
0.360 0.120 0.230
0.220
1.465 0.963
4.311 3.500
0.905 0.382 0.845

0.840
0.800 0.543 0.790
0.775
0.700 0.490
1.660 0.510 1.080

1.080
2.480 1.410
0.795 0.285 0.460

0.460
0.140 0.090 0.110
0.110
1.355 0.975 1.010
1.000
3.100 2.210 2.400
2.340
1.960 0.850 1.640
1.580
0.465 0.285 0.310
0.305
0.310 0.175
0.455 0.180 0.210

0.205
5.110 1.977 3.540
3.490
0.166 0.025 0.030
0.025
2.315 1.553 2.040
1.940
1.071 0.823 0.860
0.860
1.740 1.201 1.680
1.640
2.560 1.380
1.500 1.140 1.140

1.140
2.284 1.234 1.580
1.530
1.635 1.304 1.400
1.400
1.050 0.640
0.075 0.040 0.060

0.050
5.813 3.170 3.630
3.600
0.360 0.130
2.396 1.423 1.500

1.480
0.990 0.200 0.785
0.765
1.000 0.605 0.635
0.620
1.390 0.829 1.390
1.360
0.974 0.609 0.860
0.860
0.440 0.275 0.350
0.350
2.374 1.605 2.100
2.070
0.445 0.250 0.365
0.355
0.275 0.170 0.225
0.220
0.635 0.250 0.355
0.345
0.510 0.410
0.850 0.500 0.510

0.510
1.536 1.090 1.120
1.110
1.450 0.775 1.060
1.000
0.700 0.243 0.620
0.590
1.260 0.406 0.845
0.835
1.450 0.970 1.010
1.010
0.920 0.190 0.805
0.760
0.773 0.540 0.550
0.550
1.683 0.905 0.930
0.905
1.552 0.597 0.890
0.880
1.176 0.918 1.060
1.050
3.022 2.141 2.370
2.330
0.835 0.347 0.685
0.655
2.348 1.977 2.330
2.290
3.090 1.225 1.700
1.660
1.570 1.370
2.970 0.800 1.700

1.680
0.075 0.040 0.045
0.045
0.600 0.180 0.600
0.565
0.130 0.075 0.100
0.095
0.565 0.285 0.315
0.305
0.312 0.173 0.230
0.225
0.135 0.070 0.115
0.110
1.080 0.800 0.810
0.800
0.750 0.320 0.410
0.405
6.095 3.792 4.220
4.060
3.500 2.640 3.030
3.000
1.775 1.101 1.200
1.170
0.985 0.706 0.880
0.870
0.525 0.180 0.265
0.250
0.905 0.130 0.185
0.180
1.768 0.918 1.010
1.010
0.970 0.519 0.710
0.705
0.400 0.280
0.075 0.020 0.025

0.025
3.991 2.852 3.180
3.180
0.130 0.050 0.065
0.055
0.960 0.760 0.780
0.780
2.190 1.371 2.070
2.070
0.370 0.220
0.120 0.045 0.080

0.075
0.170 0.135 0.155
0.155
0.280 0.060
1.320 0.920 1.050

1.040
2.775 1.186 2.150
2.110
1.810 1.050 1.100
1.080
0.230 0.145 0.170
0.165
1.290 0.353 0.875
0.840
0.985 0.430 0.525
0.505
3.418 2.911 3.020
2.990
2.516 1.529 1.670
1.650
0.160 0.070 0.075
0.070
1.815 1.249 1.540
1.530
0.585 0.390 0.405
0.395
2.703 0.937 1.270
1.240
0.775 0.335 0.375
0.370
9.402 5.839 6.800
6.550
0.600 0.390
5.671 4.235 4.750

4.750
0.472 0.321 0.370
0.360
0.560 0.320 0.350
0.350
9.598 7.322 8.070
7.980
0.665 0.384 0.615
0.605
0.784 0.509 0.590
0.585
0.552 0.407 0.435
0.435
0.205 0.110 0.120
0.115
0.075 0.020 0.020
0.020
0.110 0.040 0.045
0.040
0.475 0.220 0.300
0.285
0.360 0.110 0.310
0.310
0.095 0.060 0.075
0.070
3.921 3.056 3.430
3.400
0.740 0.330 0.565
0.555
0.776 0.495
0.590 0.360 0.390

0.390
0.995 0.652 0.965
0.940
1.080 0.750 0.770
0.750
0.430 0.175 0.345
0.340
0.687 0.490 0.500
0.500
1.571 1.038 1.210
1.210
2.030 1.595
1.340 0.655 0.900

0.895
0.110 0.060 0.090
0.085
0.795 0.431 0.730
0.670
0.665 0.325 0.625
0.610
2.930 2.090 2.780
2.770
2.564 1.025 2.050
2.050
0.600 0.210 0.465
0.460
0.200 0.050 0.080
0.080
0.645 0.100 0.375
0.355
0.705 0.454 0.620
0.600
1.350 0.647 1.330
1.310
1.260 0.890 0.970
0.960
0.095 0.050 0.080
0.075
7.511 5.096 6.640
6.540
1.880 1.540 1.800
1.730
0.735 0.421 0.710
0.690
6.247 3.800 6.150
6.120
0.220 0.090
23.160 19.769 22.240 22.060

6.982 2.655 3.580
3.530
2.731 2.180 2.480
2.360
1.660 0.759 1.660
1.600
4.250 1.362 4.190
4.140
0.650 0.430 0.495
0.495
0.460 0.280
1.170 0.650 1.030

0.980
0.380 0.300 0.315
0.310
0.604 0.386 0.555
0.545
1.169 0.446 1.110
1.110
0.180 0.085 0.090
0.090
1.640 1.300
0.950 0.690
6.330 5.550 5.800

5.580
0.520 0.224 0.445
0.420
CODE
9148
7146
5198
2682
7609
9954
2674
4758
6556
9342
5568
5015
7214
7162
7099
7181
8133
7005
7187
0168
6297
5100
9938
7221
7188
5105
5229
7076
2879
7171
8435
8044
5007
5797
8052
7018
2852
7986
5071
7195
2127
5094
7157
5082
8125
8176
7114
5835
5835PA
5265
7169
1619
7233
8907
9016
7217
7773
5101
7249
2984
7229
0149
3107
5197
3611
7197
5220
7192
7096
5649
0136
7077
3247
5151
5168
7105
5095
3298
5072
5199
7033
8443
5165
2739
5000
9601
9687
7222
7183
7223
8648
2747
7043
7167
4383
0054
7199
6211
3522
5371
5060
9466
7164
6971
7017
7153
7130
3476
5192
8362
3794
9326
5092
5232
8745
3581
2887
4235
9881
5068
9199
5098
7029
8095
5152
7004
3778
5223
8192
6149
5001
7219
5576
7595
5916
3883
5087
7002
5025
4944
7140
5065
7225
5183
5271
9997
5436
5146
6033
3042
7095
7172
8869
6637
8117
8273
9458
9873
7168
7123
7544
7498
7765
7232
COUNTER
ADVPKG
AEM
AFUJIYA
AISB
AJIYA
AKNIGHT
ALCOM
ANCOM
ANNJOO
ANZO
APB
APM
ARANK
ASTINO
ATTA
ATURMJU
BHIC
BIG
BKOON
BOILERM
BOXPAK
BPPLAS
BRIGHT
BSLCORP
BTM
CANONE
CAP
CBIP
CCM
CENBOND
CEPCO
CFM
CHINWEL
CHOOBEE
CICB
CME
CMSB
CNASIA
COASTAL
COMCORP
COMFORT
CSCSTEL
CYL
CYMAO
DAIBOCI
DENKO
DNONCE
DOLMITE
DOLMITE-PA
DOLPHIN
DOMINAN
DRBHCOM
DUFU
EG
EKSONS
EMETALL
EPMB
EVERGRN
EWEIN
FACBIND
FAVCO
FIBON
FIMACOR
FLBHD
GBH
GESHEN
GLOTEC
GOODWAY
GPA
GPHAROS
GREENYB
GSB
GUH
HALEX
HARTA
HCK
HEVEA
HEXZA
HIAPTEK
HIBISCS
HIGHTEC
HIL
HOKHENG
HUAAN
HUMEIND
HWGB
IDEALUBB
IMASPRO
IRETEX
JADI
JASKITA
JAVA
JMR
JOHOTIN
JTIASA
KARYON
KEINHIN
KIALIM
KIANJOO
KIMHIN
KINSTEL
KKB
KNM
KOBAY
KOMARK
KOSSAN
KPOWER
KSENG
KSSC
KYM
LAFMSIA
LBALUM
LCTH
LEONFB
LEWEKO
LIONCOR
LIONDIV
LIONIND
LSTEEL
LUSTER
LYSAGHT
MASTEEL
MASTER
MAYPAK
MBL
MCEHLDG
MELEWAR
MENTIGA
MERCURY
METROD
MIECO
MINETEC
MINHO
MLGLOBAL
MSC
MUDA
MYCRON
NAKA
NWP
NYLEX
OKA
ORNA
PA
PCHEM
PECCA
PENSONI
PERSTIM
PERWAJA
PETGAS
PETRONM
PIE
PMBTECH
PMETAL
PNEPCB
POLY
PPHB
PREMIER
PRESTAR
PRG
PWORTH
QUALITY
RALCO
RAPID
RESINTC
CLOSING
(RM)
2.380
0.165
0.420
0.500
3.910
0.120
0.800
0.350
1.400
0.230
1.060
3.500
0.840
0.780
0.510
1.080
1.550
0.460
0.110
1.000
2.340
1.600
0.310
0.265
0.210
3.540
0.030
2.000
0.860
1.660
1.700
1.140
1.540
1.400
0.680
0.050
3.620
0.285
1.480
0.770
0.630
1.370
0.860
0.350
2.100
0.365
0.220
0.355
0.510
0.510
1.120
1.020
0.615
0.835
1.010
0.795
0.550
0.915
0.890
1.060
2.360
0.655
2.300
1.680
1.400
1.700
0.045
0.580
0.095
0.315
0.225
0.110
0.800
0.405
4.080
3.000
1.180
0.870
0.265
0.185
1.010
0.710
0.310
0.025
3.180
0.055
0.780
2.070
0.250
0.075
0.155
0.100
1.050
2.150
1.090
0.165
0.860
0.525
3.020
1.670
0.075
1.530
0.395
1.240
0.375
6.700
0.400
4.750
0.370
0.350
8.050
0.615
0.585
0.435
0.120
0.020
0.045
0.290
0.310
0.070
3.420
0.555
0.605
0.390
0.960
0.770
0.340
0.500
1.210
1.800
0.895
0.090
0.725
0.610
2.780
2.050
0.460
0.080
0.355
0.605
1.320
0.960
0.080
6.540
1.750
0.695
6.120
0.110
22.080
3.560
2.480
1.650
4.170
0.495
0.295
1.020
0.315
0.545
1.110
0.090
1.360
0.770
5.580
0.420
+/
(RM)
0.015
0.030
0.010
UNCH
UNCH
-0.030
0.010
0.005
-0.005
-0.040
UNCH
UNCH
-0.010
UNCH
-0.040
-0.005
UNCH
0.010
UNCH
0.090
-0.010
UNCH
-0.010
-0.040
UNCH
-0.005
0.020
-0.010
-0.005
0.010
0.010
0.005
-0.020
0.030
0.010
UNCH
0.005
-0.015
-0.010
UNCH
0.010
-0.005
-0.040
0.030
UNCH
-0.010
-0.010
UNCH
0.010
UNCH
UNCH
-0.010
0.030
UNCH
0.010
UNCH
UNCH
UNCH
-0.005
-0.020
0.005
-0.160
UNCH
UNCH
-0.010
0.005
UNCH
UNCH
0.010
UNCH
0.010
-0.005
-0.045
0.010
UNCH
UNCH
UNCH
0.030
0.010
UNCH
0.010
0.020
UNCH
UNCH
UNCH
-0.030
-0.010
-0.020
-0.005
-0.100
UNCH
0.010
-0.055
-0.020
0.010
-0.005
-0.010
0.005
UNCH
UNCH
-0.010
UNCH
UNCH
-0.010
UNCH
0.005
0.010
0.005
0.005
UNCH
UNCH
UNCH
UNCH
0.055
-0.015
0.020
0.050
0.005
0.010
0.010
UNCH
-0.010
0.005
UNCH
-0.050
0.020
0.010
-0.030
-0.020
-0.050
0.140
0.050
0.020
-0.005
0.040
-0.005
UNCH
UNCH
UNCH
-0.220
0.005
VOL
(000)
36558.7
438.7
613.5
10
342.8
1554.3
1905.9
301.7
196.2
34
1.4
50
51.4
5
542.7
77
15
35.4
348.1
238.4
41
312.8
5
529.9
6.4
2575.3
223.5
183.3
1565.1
376.9
1969.2
35
1
14.8
266
453.6
165.4
23
19.5
15395.4
5572.7
777
2.8
5173.7
5
2670.7
65.2
40
84.5
952.3
12.7
708.1
82.6
2104.8
1275.8
171
30
65
493.5
1017
249.3
1349.9
32
1026.1
65.9
13230.3
2719.1
1.3
75
10
1
4829
10
4
336.8
151.5
100.2
124.5
636.4
59.5
127.1
28.5
42.5
81
148
22.8
23072.4
33.6
169.2
27.2
10.7
30
1
77
1035.7
133.5
50
105.2
185.1
101
1648.9
48.5
2631.5
17.6
521.5
30
71
8.2
319.5
3
3
388.9
150
2052.6
30.2
18
1
637.7
20
4919.7
993.1
677.3
20.1
501
4495.6
269.1
665.4
9.5
371.4
51.9
5467
251
1434.5
790
902.5
177
165.6
12.9
1150
10.7
32.7
VWAP*
(RM)
PE#
(X)
DY
(%)
16.18
0.168
17.87
0.496
3.892 18.19
0.800 67.23
0.351 28.69
1.385
0.224
141.33
13.16
0.841
6.98
0.778
9.54
1.080
0.460
8.27
0.110
1.001 16.75
2.341 17.32
1.600 12.41
0.307
0.207
3.504
8.73
0.029
1.07
2.003 12.48
0.860 12.57
1.651 13.45
5.30
1.140
1.546
7.67
1.400 31.32
0.055
3.622 20.27
1.488
8.90
0.774
6.34
0.628 28.64
1.374
9.10
0.860 14.96
0.350
2.085 24.68
0.359 12.76
0.220
0.349
0.510
1.113 13.91
1.037
0.603
7.21
0.840
4.04
1.010
0.788
7.66
0.550
0.912
7.75
0.883 12.73
1.058 18.73
2.346
6.17
0.667 12.82
2.304 10.83
1.674
5.47
933.33
1.690 11.02
0.045
0.586
0.099
0.310
0.229 16.67
0.115
0.801 27.21
0.409
4.129 25.99
3.009 20.38
1.184
6.35
0.875 11.52
0.253
0.180
1.010 12.35
0.709 12.52
28.18
0.025
3.180 24.41
0.060
0.780
2.070 20.14
0.075 12.93
0.155
1.040 28.85
2.126 11.26
1.090 18.99
0.165 25.78
0.857
9.13
0.513 20.59
2.992 11.67
1.670 10.33
0.073
1.532
0.399 30.86
1.251 12.13
0.373 23.73
6.696 20.56
4.750 22.41
0.366 32.46
0.350
8.059 34.55
0.610
9.70
0.587
9.15
0.435 10.82
0.115
0.020
0.040
0.292
0.310
0.070
3.419 10.71
0.558
10.88
0.390
0.949 11.46
0.753
0.340 10.43
0.500
1.210
9.78
8.93
0.895
4.03
0.087
0.708 12.16
0.622
5.02
2.779 12.10
2.050 19.49
0.461
3.75
0.080
0.366
0.612 16.85
1.322
9.98
0.965 11.74
0.075
6.580 19.35
1.770
0.701
8.10
6.142 11.93
22.083 22.01
3.566
5.32
2.416 23.22
1.647 15.28
4.164 29.47
0.495
11.09
1.012
7.89
0.311 70.00
0.548
8.50
1.110 20.11
0.090 23.08
14.44
18.73
5.672
0.422 13.33
5.04
1.53
6.25
2.14
6.13
5.57
2.68
2.50
1.50
3.13
1.13
3.00
4.36
3.61
5.09
2.86
2.57
1.24
2.70
5.84
6.98
2.80
3.38
1.96
5.04
1.82
1.09
0.56
2.36
6.36
1.60
6.52
8.93
10.71
3.33
6.25
1.96
2.33
5.17
1.13
3.47
2.11
0.94
1.69
1.94
2.86
1.86
0.92
2.42
1.16
0.66
3.59
2.61
2.42
1.79
2.11
2.16
3.23
3.25
6.84
3.45
4.39
1.17
1.65
3.13
2.00
4.96
3.33
1.46
3.31
3.79
2.60
2.75
4.32
6.21
2.72
5.62
0.97
2.42
1.80
3.67
0.90
5.95
MKT CAP
(MIL)
48.8
42.2
75.6
65.9
297.7
7.0
107.5
76.6
731.8
68.7
119.6
705.6
100.8
213.8
36.1
66.0
385.1
22.1
30.4
516.0
140.5
300.3
50.9
26.0
26.3
680.2
40.9
1,076.5
393.6
199.2
76.1
46.7
461.3
153.9
31.1
22.1
3,889.2
12.9
786.8
107.8
352.0
520.6
86.0
26.3
573.8
38.1
39.7
95.4
6.3
113.2
184.8
1,971.9
107.9
176.7
165.9
136.1
91.3
774.5
197.5
90.3
522.5
64.2
564.1
173.4
261.2
136.0
242.2
64.1
93.1
42.4
75.1
58.1
222.3
42.9
6,695.7
166.3
545.4
174.3
341.5
251.9
41.0
197.9
24.8
28.1
1,523.5
49.9
86.2
165.6
33.3
70.6
69.7
17.3
133.1
200.6
1,061.4
78.5
85.1
32.5
1,341.4
259.9
78.7
394.4
851.7
84.4
46.7
4,284.4
22.6
1,717.0
35.5
52.5
6,840.0
152.8
210.6
134.9
38.6
26.3
62.6
208.2
39.7
121.2
142.2
135.7
33.0
16.4
88.3
34.2
77.1
35.0
48.6
216.0
188.0
62.6
159.3
54.7
278.0
625.4
130.4
4.4
113.6
117.6
209.9
72.2
75.7
52,320.0
329.0
90.1
607.7
61.6
43,690.4
961.2
952.4
132.0
5,445.1
65.1
47.2
112.1
106.2
99.8
164.3
58.9
78.8
32.3
488.0
57.6
T HUR SDAY AU G U ST 4, 2 0 16 TH EEDGE FI N AN C I AL DAI LY
26 Markets
T HU
BURSA MAL AYSIA MAIN MARKET
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.941 0.620 0.735

0.725
4.200 3.154 3.700
3.650
7.980 4.134 7.400
7.240
1.205 0.753 0.940
0.940
1.800 1.088 1.320
1.300
3.629 3.072 3.580
3.500
0.990 0.660
13.473 6.588 12.640 12.520

0.475 0.280 0.300
0.290
0.320 0.190 0.200
0.190
1.350 0.526 0.875
0.860
0.350 0.200 0.220
0.200
0.770 0.280 0.300
0.300
6.350 2.600 3.200
3.080
0.673 0.353 0.455
0.445
0.710 0.480
1.516 1.120 1.230

1.210
3.100 1.163 3.000
3.000
0.818 0.587
1.170 0.690 0.950

0.945
0.425 0.200 0.310
0.305
2.240 1.430 1.430
1.430
2.504 1.276
2.309 1.173 2.180

2.130
3.501 1.879 2.110
2.070
4.730 2.571 3.420
3.380
0.545 0.217 0.545
0.460
0.830 0.310 0.340
0.335
15.260 13.376 15.160 15.000
15.240 14.372
0.190 0.080
0.455 0.215
2.210 0.700 1.080

1.070
1.720 0.685
0.495 0.220 0.345

0.315
4.307 1.615 4.100
4.050
2.553 1.224 1.610
1.570
0.800 0.600
2.322 1.201 1.750

1.730
2.190 1.581 1.960
1.950
6.940 4.260 4.370
4.330
0.695 0.520
0.270 0.140 0.185

0.180
1.630 1.191 1.620
1.600
6.860 3.225 6.440
6.300
1.332 0.681 1.310
1.270
1.700 0.610 1.230
1.060
1.633 1.130 1.380
1.350
1.291 0.635 0.900
0.860
0.400 0.275
2.150 1.377 1.550

1.540
2.823 1.735 2.030
2.000
0.650 0.490 0.595
0.595
0.580 0.405
2.345 2.007 2.090

2.090
1.506 0.869 1.050
1.030
1.391 0.830 1.100
1.080
1.080 0.790 0.820
0.810
0.300 0.160 0.275
0.210
0.800 0.460
CONSTRUCTION
0.560 0.260
0.155 0.100 0.125

0.125
0.752 0.490 0.645
0.635
0.757 0.511
0.680 0.425 0.435

0.430
0.500 0.330 0.405
0.395
1.044 0.825 0.855
0.845
1.054 0.805 0.885
0.880
1.818 1.513
1.550 0.737 1.520

1.510
1.740 0.835 1.540
1.500
0.625 0.330 0.540
0.520
2.580 1.100 2.490
2.460
4.939 3.620 4.870
4.820
1.200 0.780 1.100
1.040
1.140 0.750 0.805
0.800
1.240 1.240
1.290 1.290
2.115 1.582 1.820

1.790
3.566 2.786 3.450
3.390
0.815 0.540 0.735
0.720
0.672 0.480
1.280 0.715 0.955

0.910
0.380 0.195 0.215
0.215
2.487 1.150 2.290
2.260
1.050 0.740 0.920
0.920
1.898 1.017 1.810
1.760
1.540 1.090
1.073 0.660 0.795

0.755
0.450 0.245 0.270
0.260
1.410 0.983 1.380
1.360
0.350 0.190 0.260
0.250
1.520 0.840 1.170
1.150
2.465 1.464 2.210
2.190
0.613 0.330 0.375
0.370
1.489 1.150
1.783 1.324 1.520

1.500
0.170 0.110
3.780 2.839
1.001 0.450 0.455

0.455
1.720 0.954 1.690
1.670
0.475 0.300 0.325
0.320
0.513 0.259 0.450
0.425
2.400 0.845 2.250
2.210
0.728 0.438 0.470
0.460
1.737 1.069 1.550
1.520
0.865 0.550
0.325 0.145 0.170

0.165
TRADING SERVICES
0.415 0.150 0.410
0.400
0.507 0.240 0.245
0.240
2.937 2.434 2.790
2.730
0.245 0.135 0.205
0.200
3.020 0.751 2.960
2.920
6.915 4.187 6.180
6.000
0.545 0.295 0.300
0.295
0.165 0.075 0.165
0.155
10.550 8.700 8.960
8.750
2.780 1.518 2.190
2.190
0.345 0.040 0.050
0.045
1.145 0.641 0.740
0.725
0.150 0.105 0.115
0.115
3.000 2.351 2.970
2.920
5.200 4.056
0.910 0.280 0.880

0.865
6.614 5.071 5.700
5.610
0.350 0.203
1.060 0.640 0.675

0.670
0.599 0.335 0.415
0.410
0.375 0.185
7.067 6.238 6.620

6.610
1.509 1.065
2.417 1.664 2.330

2.300
0.440 0.336 0.355
0.345
2.599 1.561 1.680
1.620
0.855 0.610 0.690
0.675
0.480 0.350 0.400
0.380
3.374 2.779 3.280
3.230
0.215 0.119 0.185
0.175
1.170 0.555 0.945
0.895
2.778 1.822 2.040
2.020
0.890 0.355
2.140 1.039
3.872 2.355 3.220

3.170
1.066 0.697 0.870
0.855
0.508 0.332 0.430
0.430
0.600 0.385
0.105 0.060
0.910 0.650 0.750

0.750
0.055 0.035 0.045
0.040
2.050 1.356 2.010
1.990
0.925 0.790 0.925
0.895
0.120 0.065 0.075
0.070
2.140 0.985 1.000
0.990
1.353 0.870 1.100
1.070
0.645 0.480 0.620
0.610
1.668 1.276 1.530
1.520
4.740 3.438
1.684 0.989 1.380

1.330
0.385 0.230
1.463 0.732 0.890

0.875
0.365 0.210 0.295
0.285
0.295 0.195 0.215
0.210
3.980 2.718 3.600
3.530
CODE
COUNTER
CLOSING
(RM)
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
YEAR
HIGH
-0.010
66.5
-0.020
10
0.020
156.2
0.025
8.1
0.010
68
0.020
124.9
-0.020
333.4
0.010
20.9
-0.020
189.7
UNCH
204.1
-0.010
52.5
0.015
14.7
-0.070
238.4
-0.010
99.8
0.020 3576.3
UNCH
0.4
-0.005
531.8
0.005
52
UNCH
13
0.020
87.3
0.010
982.1
-0.020
26.9
0.040 16863.1
-0.015
180.5
-0.080
15
-0.010
6.5
0.005
17
UNCH
281
0.040
69.5
-0.010
124.5
UNCH
73
0.040 2114.3
UNCH
86.5
UNCH
268.2
-0.150
287
0.030
107.5
0.210
65.6
0.020 4571.6
-0.035 1771.4
UNCH
5
0.030
42.5
-0.005
10
UNCH
3
UNCH
913.2
-0.010
57
-0.005
209.1
0.085 19262.9
0.733
3.692
7.283
0.940
1.310
3.509
12.601
0.290
0.193
0.864
0.203
0.300
3.116
0.450
1.224
3.000
0.950
0.306
1.430
2.159
2.088
3.395
0.502
0.337
15.050
1.078
0.335
4.058
1.587
1.743
1.950
4.350
0.182
1.614
6.389
1.283
1.135
1.369
0.871
1.542
2.016
0.595
2.090
1.033
1.094
0.818
0.243
10.63
20.36
9.96
10.28
10.61
22.11
12.09
51.17
2.52
9.65
16.40
26.60
9.48
10.39
11.68
8.70
3.69
23.62
6.31
9.19
4.93
27.82
11.15
39.80
13.69
40.14
21.43
12.91
30.04
11.50
25.95
7.58
18.26
21.86
13.92
8.22
17.57
15.71
4.11
1.35
2.04
6.38
4.58
2.89
1.99
3.43
6.67
2.70
2.85
1.00
3.97
3.62
2.52
1.91
3.68
6.67
7.22
2.20
9.39
4.83
5.13
2.75
1.75
6.55
1.89
2.31
4.01
3.47
1.94
4.53
4.78
2.39
1.52
2.44
167.4
506.7
921.5
68.4
415.3
472.6
51.5
2,899.3
26.3
65.0
205.9
100.0
24.0
924.0
83.4
24.4
1,439.3
742.0
28.2
398.4
27.9
298.9
265.2
174.4
1,421.5
1,512.5
244.9
60.3
1,854.3
5.1
14.7
19.3
42.9
53.3
49.7
431.6
231.6
61.4
285.7
248.5
5,483.1
61.0
41.2
713.5
922.0
104.0
144.3
1,610.9
670.3
32.1
206.7
673.3
54.6
21.6
501.6
500.6
369.5
131.2
92.3
49.4
0.366
1.010
1.567
1.380
0.802
0.585
1.493
0.270
0.260
2.476
1.800
4.587
9.850
2.320
0.480
2.960
0.070
0.410
7.800
1.412
3.235
0.015
0.455
6.759
0.843
1.250
1.969
0.295
0.435
0.395
1.960
0.353
1.780
4.358
1.394
0.650
0.305
0.420
0.350
0.735
1.881
2.620
1.746
0.165
6.970
1.020
3.372
1.450
1.520
0.770
0.950
2.243
1.340
9.171
2.286
0.524
0.090
0.205
0.333
2.380
0.930
0.115
0.937
0.860
2.030
0.145
2.750
0.485
0.661
1.350
1.384
0.135
1.381
1.570
0.395
0.220
1.762
25.957
0.250
6.676
0.250
0.390
4.241
3.259
3.240
1.150
0.200
0.450
0.789
0.899
0.650
0.145
2.429
0.220
0.310
1.310
1.376
1.612
8.808
0.888
2.460
1.530
2.700
3.000
0.175
2.608
0.420
1.639
2.063
14.560
1.850
0.440
0.260
6.961
0.910
1.690
0.550
2.858
1.091
2.989
1.440
1.353
0.700
2.460
0.815
2.938
0.545
4.580
1.300
0.065
3.080
1.170
1.710
FINANCE
14.700
2.481
4.296
11.241
11.209
5.518
1.873
4.180
8.950
5.246
0.500
1.298
13.760
10.100
15.760
2.660
0.868
0.930
0.170
0.695
16.200
1.000
2.980
8.886
1.378
3.770
1.770
1.422
19.800
0.960
7.116
7803
5134
9822
7811
5170
7247
9237
4731
7239
7366
7073
5145
5163
4324
5181
7115
7155
7248
7132
5665
7143
6904
7207
7235
7106
5012
4022
5149
4448
4448P
5178
7097
7439
9741
6378
7034
7374
7854
7285
5010
7113
7173
4359
7100
7133
7227
4995
6963
5142
7226
7111
7231
7050
7025
5009
4243
7245
5048
7020
7014
RUBEREX
SAB
SAM
SAPIND
SCABLE
SCGM
SCIB
SCIENTX
SCNWOLF
SCOMIEN
SEACERA
SEALINK
SEB
SHELL
SIGGAS
SKBSHUT
SKPRES
SLP
SMISCOR
SSTEEL
STONE
SUBUR
SUCCESS
SUPERLN
SUPERMX
TAANN
TADMAX
TAS
TASEK
TASEK-PA
TATGIAP
TAWIN
TECGUAN
TECNIC
TEKALA
TGUAN
TIENWAH
TIMWELL
TOMYPAK
TONGHER
TOPGLOV
TOYOINK
TURIYA
UCHITEC
ULICORP
UMSNGB
VERSATL
VS
WASEONG
WATTA
WEIDA
WELLCAL
WONG
WOODLAN
WTHORSE
WTK
WZSATU
YILAI
YKGI
YLI
0.730
3.700
7.320
0.940
1.310
3.580
0.700
12.580
0.300
0.190
0.875
0.200
0.300
3.080
0.445
0.610
1.230
3.000
0.630
0.950
0.310
1.430
2.210
2.180
2.090
3.400
0.500
0.335
15.000
15.240
0.095
0.300
1.070
1.320
0.325
4.100
1.600
0.690
1.740
1.950
4.370
0.570
0.180
1.610
6.350
1.300
1.230
1.370
0.865
0.380
1.550
2.030
0.595
0.540
2.090
1.040
1.100
0.820
0.265
0.480
7007
7070
7078
6173
5190
5932
8761
8591
7528
5253
8877
7047
9261
5398
5226
5169
5169PA
5169PB
6238
3336
5268
8834
4723
9083
7161
3565
5171
9628
5129
5006
9571
5924
5085
5703
8311
7055
5070
7145
9598
5205
5263
9717
5054
5622
5042
9679
7028
2283
ARK
ASUPREM
AZRB
BDB
BENALEC
BPURI
BREM
CRESBLD
DKLS
ECONBHD
EKOVEST
FAJAR
GADANG
GAMUDA
GBGAQRS
HOHUP
HOHUP-PA
HOHUP-PB
HSL
IJM
IKHMAS
IREKA
JAKS
JETSON
KERJAYA
KEURO
KIMLUN
LEBTECH
MELATI
MERGE
MITRA
MTDACPI
MUDAJYA
MUHIBAH
PESONA
PLB
PRTASCO
PSIPTEK
PTARAS
SENDAI
SUNCON
SYCAL
TRC
TRIPLC
TSRCAP
WCT
ZECON
ZELAN
0.295
0.125
0.645
0.630
0.430
0.400
0.855
0.885
1.710
1.510
1.540
0.540
2.470
4.820
1.090
0.805
1.240
1.290
1.810
3.390
0.730
0.510
0.955
0.215
2.280
0.920
1.800
1.540
0.755
0.265
1.370
0.250
1.160
2.210
0.375
1.250
1.510
0.130
3.700
0.455
1.680
0.325
0.445
2.240
0.460
1.530
0.600
0.170
-0.010
UNCH
-0.010
UNCH
-0.010
-0.005
UNCH
UNCH
0.010
-0.010
0.010
0.050
UNCH
UNCH
-0.050
0.010
0.040
UNCH
0.030
UNCH
0.030
-0.045
0.005
UNCH
-0.005
-0.010
0.020
0.005
UNCH
UNCH
UNCH
0.005
0.020
0.030
-0.005
UNCH
0.005
47.9
165.7
708.6
810.8
65.5
21.3
402
660.6
25.1
606.7
2688.4
1432.7
169.2
1030.1
1066.5
1105.2
1413.4
10
869.6
33
385.3
8
35
122.6
102.5
320.7
7.2
150
1532.1
103
854.1
394
969
16.4
186.7
1516.2
1607.8
55.66
0.125 416.67
0.641 13.14
7.33
0.430 23.24
0.397 26.85
0.850 17.10
0.880 17.66
7.68
1.514 12.54
1.514 45.56
0.528 21.34
2.483
5.89
4.840 18.50
1.080
0.802
4.04
1.803 13.65
3.404 15.22
0.732 13.90
0.936 11.21
0.215 716.67
2.272
6.87
0.920 34.20
1.786
9.38
0.763
4.67
0.266 15.87
1.370
9.40
0.260
1.151 26.13
2.198 12.18
0.373 16.52
20.10
1.510
7.55
12.26
24.83
0.455
1.682 17.83
0.323
8.90
0.438
1.42
2.219 17.54
0.465 16.25
1.532
9.65
0.168
3.10
6.35
0.70
5.00
3.51
4.52
1.75
2.32
1.30
2.31
2.02
2.49
2.02
1.16
1.33
2.06
1.37
1.75
3.22
2.32
3.65
2.26
2.67
4.00
5.96
5.14
1.10
2.38
1.46
1.93
1.96
14.4
36.5
311.9
191.4
349.1
97.1
295.4
156.6
158.5
807.9
1,317.4
195.9
638.8
11,659.5
426.1
281.7
8.5
23.3
1,054.6
12,206.8
379.6
87.1
418.6
40.4
1,155.9
922.5
541.0
210.2
90.6
17.8
916.6
57.9
640.8
1,064.9
245.2
114.1
512.5
41.2
605.1
352.2
2,172.1
104.1
213.8
150.7
80.2
1,924.6
71.5
143.6
5238
5166
6599
7315
5099
5014
5115
0159
6351
7083
5194
5210
1481
6399
7048
7579
6888
5021
7251
7241
6998
5032
5275
5248
3395
5196
4219
6025
1562
7036
9474
2771
5257
5245
2925
7117
7209
7016
5104
5136
5037
5184
5276
0091
5141
5132
7212
7277
5908
5216
2097
5259
5036
7471
1368
AAX
AEGB
AEON
AHB
AIRASIA
AIRPORT
ALAM
AMEDIA
AMWAY
ANALABS
APFT
ARMADA
ASB
ASTRO
ATLAN
AWC
AXIATA
AYS
BARAKAH
BHS
BINTAI
BIPORT
BISON
BJAUTO
BJCORP
BJFOOD
BJLAND
BJMEDIA
BJTOTO
BORNOIL
BRAHIMS
BSTEAD
CARIMIN
CARING
CCB
CENTURY
CHEETAH
CHUAN
CNI
COMPLET
COMPUGT
CYPARK
DANCO
DAYA
DAYANG
DELEUM
DESTINI
DIALOG
DKSH
DSONIC
EASTLND
EATECH
EDARAN
EDEN
EDGENTA
0.405
0.245
2.780
0.205
2.930
6.000
0.295
0.160
8.780
2.190
0.050
0.740
0.115
2.970
5.150
0.875
5.650
0.250
0.670
0.410
0.190
6.610
1.460
2.310
0.350
1.620
0.680
0.400
3.280
0.180
0.935
2.030
0.395
1.670
3.210
0.865
0.430
0.420
0.070
0.750
0.040
2.000
0.920
0.070
0.995
1.100
0.620
1.530
4.330
1.370
0.240
0.880
0.285
0.210
3.530
0.005
24015
UNCH
102
0.020
204.3
UNCH
121
-0.020 7908.9
-0.170
193.8
-0.005 1195.4
UNCH 5890.7
-0.020
3.4
-0.030
1.5
UNCH 4023.2
0.015
7784
UNCH
361.2
UNCH 1553.4
0.015 1496.7
-0.040 3767.9
UNCH
247
UNCH
184.9
UNCH
12
-0.020
136.3
0.005 18459.2
-0.060
57.4
-0.020
35
0.005
3
0.060
632.7
UNCH 20898.7
0.040
254.8
-0.010
249.8
0.010
9.1
0.015
981.6
-0.005
16
0.005
26
UNCH
2572
-0.020
45.9
0.030 4612.7
UNCH 3929.3
-0.005
480.6
0.020
68
0.005 3911.9
UNCH 2627.8
0.010 4129.2
-0.010
673.6
-0.010
65
-0.005
294.6
UNCH
143.3
0.405
0.245
2.747 34.62
0.202 17.98
2.935
6.44
6.060
0.296 12.09
0.156
8.794 31.97
2.190
9.29
0.049
0.734
0.115
2.961 23.93
28.50
0.873 16.26
5.647 20.99
11.52
0.673 109.84
0.411
6.612 22.99
2.313 13.31
0.347
1.647 25.71
0.680
0.388
3.258 14.44
0.180 16.51
0.919
2.031
50.61
3.197
6.12
0.861 11.10
0.430 30.71
0.750
5.61
0.040 30.77
2.000 10.10
0.914
0.071
0.993
7.83
1.083 10.20
0.615 18.96
1.523 27.92
19.02
1.361 29.27
0.880
7.77
0.290
0.213
3.530 16.46
40.82
1.44
1.37
1.42
3.99
1.37
1.11
2.17
4.43
5.22
3.54
4.00
2.99
3.33
4.07
2.86
3.40
5.03
6.69
1.20
1.56
4.62
1.74
1.36
4.29
4.00
2.50
3.52
5.00
1.44
2.19
2.19
2.56
4.25
1,680.0
100.4
3,903.1
32.8
8,154.1
9,955.2
272.7
38.3
1,443.3
131.5
23.9
4,341.0
76.4
15,458.9
1,306.3
229.0
50,429.8
95.1
552.7
171.8
40.8
3,040.6
452.7
2,650.5
1,711.0
612.9
3,400.2
94.0
4,431.4
541.9
220.9
4,114.8
92.4
363.6
323.4
330.8
54.9
70.8
50.4
91.8
85.4
505.9
137.1
129.7
872.7
440.0
612.8
8,070.8
682.7
1,849.5
59.0
443.5
17.1
65.4
2,935.6
YEAR
LOW
DAY
HIGH
DAY
LOW
0.178 0.245
0.235
0.790 0.820
0.810
1.047
0.970 1.210
1.180
0.481 0.575
0.570
0.410 0.435
0.430
1.140 1.200
1.200
0.125 0.145
0.140
0.110
1.852 2.400
2.380
0.815 1.520
1.500
3.679 4.400
4.340
6.477 8.170
8.100
1.013 2.320
2.210
0.380 0.415
0.405
1.773 2.930
2.910
0.060
0.245 0.250
0.250
4.859 7.780
7.730
0.880 1.020
0.995
2.665 3.120
3.120
0.005 0.010
0.005
0.250 0.325
0.320
5.295 6.590
6.510
0.683 0.750
0.745
0.890 0.920
0.920
1.442 1.590
1.590
0.205 0.250
0.240
0.315 0.380
0.355
0.270
1.638 1.940
1.910
0.226 0.260
0.260
1.250 1.300
1.280
3.885 4.340
4.300
0.923 1.050
1.030
0.350 0.540
0.530
0.135 0.145
0.145
0.232 0.395
0.390
0.200 0.270
0.270
0.500 0.540
0.540
1.002 1.720
1.670
2.190 2.380
2.350
1.151 1.650
1.620
0.127 0.160
0.155
5.312 6.090
5.980
0.510 0.765
0.750
1.914 2.410
2.400
0.710 1.200
1.200
0.962 1.480
1.450
0.468 0.745
0.735
0.570
1.608 1.850
1.850
0.875 1.000
0.970
6.880 7.510
7.370
1.462 2.160
2.090
0.320 0.340
0.340
0.060 0.080
0.075
0.155 0.160
0.155
0.220 0.230
0.220
1.241 2.060
2.010
0.560
0.065 0.090
0.080
0.651
0.583 0.830
0.825
1.207 1.940
1.910
0.085 0.090
0.090
1.646 2.000
1.950
0.378 0.450
0.445
0.433 0.565
0.555
0.775 0.800
0.790
0.879 1.070
1.040
0.055 0.110
0.100
0.816 1.200
1.190
1.400
0.220 0.225
0.220
0.135
1.267 1.670
1.620
18.503 23.340 23.060
0.030
5.139 5.620
5.600
0.135 0.140
0.135
0.205
2.040 2.980
2.820
1.559 2.070
2.000
2.150 2.270
2.260
0.790 0.895
0.875
0.100 0.170
0.165
0.340 0.375
0.360
0.528 0.625
0.610
0.580 0.840
0.780
0.400 0.440
0.440
0.090 0.115
0.115
1.529 2.260
2.260
0.135 0.155
0.145
0.190 0.200
0.195
0.968 1.070
1.070
1.160 1.190
1.170
1.293 1.500
1.410
6.485 7.600
7.510
0.700
1.290 1.410
1.390
1.270 1.350
1.300
2.206 2.620
2.600
2.280
0.095 0.100
0.095
1.820 1.990
1.950
0.300 0.335
0.335
1.175 1.420
1.360
1.400 1.500
1.500
10.030 14.420 14.340
1.229 1.550
1.530
0.275 0.305
0.295
0.060 0.225
0.195
5.792 6.810
6.790
0.460 0.875
0.865
0.882 1.690
1.640
0.330
2.540
0.820
2.218
0.860 0.900
0.890
1.092
0.455 0.490
0.470
1.560 1.810
1.760
0.375 0.700
0.700
2.080
0.410
3.566 4.510
4.360
0.916 1.040
1.000
0.025 0.045
0.040
2.295 3.050
3.000
0.435 1.080
1.050
1.349 1.680
1.650
10.535
2.028
3.018
9.702
9.572
4.126
1.387
3.170
7.329
3.841
0.310
1.192
11.509
7.327
11.940
1.778
0.572
0.832
0.105
0.460
13.623
0.434
2.564
7.860
0.685
2.400
1.290
1.181
16.745
0.690
4.560
14.000
2.120
4.030
10.000
4.410
3.990
8.950
4.430
1.210
13.340
15.100
2.550
0.645
0.930
0.125
0.500
16.080
0.920
8.010
0.785
2.460
1.350
1.310
19.780
0.745
4.980
13.860
2.110
3.970
9.960
4.320
3.940
8.800
4.360
1.200
13.040
14.880
2.550
0.640
0.930
0.120
0.485
16.000
0.880
7.860
0.760
2.440
1.310
1.300
19.480
0.740
4.760
CODE
0064
5081
5208
5056
6939
9318
7210
0128
9377
5209
0078
4715
3182
3204
7676
7668
7110
7253
3034
2062
5008
7013
5255
5225
5614
5673
0058
8923
8672
5079
6491
0151
5035
5878
5843
9121
4847
6874
7170
8486
5143
3859
5264
3514
6012
5077
5983
7189
4502
5090
7234
3069
5186
3816
2194
0059
0043
3891
3905
0138
9806
4464
5533
0172
5201
3018
5260
8419
5125
5657
5041
6254
5133
7108
0047
7080
5219
5681
7027
7081
7201
7163
4634
5204
8346
5272
0037
8885
8567
5147
7185
9113
0099
7158
7045
7053
9792
5250
4197
9431
5218
5242
6084
9865
1201
6521
5173
8524
5140
5347
8702
7228
7206
4863
0101
8397
7218
5711
5167
7137
5243
7091
5754
7250
7240
5016
7692
5246
5267
7122
7293
7066
4677
5139
5185
2488
1163
1163PA
1015
5088
5258
1818
1023
2143
5228
5819
5274
1082
6688
3379
3379PA
3441
6483
8621
1198
1058
1155
1171
6459
5237
6009
1295
9296
1066
COUNTER
CLOSING
(RM)
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
EFFICEN
EIG
EITA
ENGTEX
FIAMMA
FITTERS
FREIGHT
FRONTKN
FSBM
GASMSIA
GDEX
GENM
GENTING
GKENT
GUNUNG
HAIO
HAISAN
HANDAL
HAPSENG
HARBOUR
HARISON
HUBLINE
ICON
IHH
ILB
IPMUDA
JCBNEXT
JIANKUN
KAMDAR
KBES
KFIMA
KGB
KNUSFOR
KPJ
KPS
KPSCB
KTB
KUB
LFECORP
LIONFIB
LUXCHEM
MAGNUM
MALAKOF
MARCO
MAXIS
MAYBULK
MBMR
MBWORLD
MEDIA
MEDIAC
MESB
MFCB
MHB
MISC
MMCCORP
MMODE
MTRONIC
MUIIND
MULPHA
MYEG
NATWIDE
NICORP
OCB
OCK
OLDTOWN
OLYMPIA
OWG
PANSAR
PANTECH
PARKSON
PBA
PDZ
PENERGY
PERDANA
PERISAI
PERMAJU
PESTECH
PETDAG
PETONE
PHARMA
PICORP
PJBUMI
POS
PRESBHD
PRKCORP
RANHILL
RGB
RPB
SALCON
SAMCHEM
SAMUDRA
SANBUMI
SCICOM
SCOMI
SCOMIES
SEEHUP
SEG
SEM
SIME
SJC
SKPETRO
SOLID
STAR
SUIWAH
SUMATEC
SURIA
SYSCORP
TALIWRK
TASCO
TENAGA
TEXCHEM
TGOFFS
THHEAVY
TM
TMCLIFE
TNLOGIS
TOCEAN
TSTORE
TURBO
UMS
UMWOG
UNIMECH
UTUSAN
UZMA
VOIR
WARISAN
WIDETEC
WPRTS
XINHWA
YFG
YINSON
YONGTAI
YTL
0.245
0.820
1.130
1.200
0.570
0.430
1.200
0.145
0.210
2.380
1.510
4.340
8.100
2.280
0.415
2.930
0.065
0.250
7.750
0.995
3.120
0.010
0.325
6.530
0.745
0.920
1.590
0.250
0.380
0.310
1.930
0.260
1.300
4.320
1.030
0.540
0.145
0.395
0.270
0.540
1.670
2.360
1.620
0.160
6.090
0.750
2.400
1.200
1.470
0.735
0.630
1.850
1.000
7.500
2.140
0.340
0.075
0.155
0.225
2.020
0.700
0.085
0.680
0.825
1.940
0.090
1.970
0.445
0.560
0.795
1.060
0.105
1.200
1.540
0.220
0.155
1.620
23.340
0.055
5.620
0.140
0.225
2.900
2.050
2.270
0.890
0.170
0.365
0.615
0.780
0.440
0.115
2.260
0.145
0.200
1.070
1.190
1.500
7.510
0.750
1.400
1.310
2.600
2.450
0.095
1.990
0.335
1.420
1.500
14.360
1.530
0.305
0.195
6.790
0.875
1.680
0.385
2.600
0.820
2.680
0.900
1.140
0.480
1.770
0.700
2.200
0.410
4.500
1.030
0.040
3.020
1.070
1.650
UNCH
786.5
0.010
20.2
0.020 1205.6
UNCH
52.1
-0.005
272.2
0.010
3
UNCH 1687.2
0.030
14.2
UNCH
157.5
-0.060
851.2
-0.080 3195.9
0.060
3199
0.010
234.4
0.010
49.8
UNCH
28
-0.010 1527.3
-0.025
216
0.020
5
0.005
59710
0.005
526.2
-0.010 2554.5
UNCH
22
0.025
10
UNCH
19.5
UNCH
238
0.020
65.6
-0.010
173.9
UNCH
27
0.030
13
0.010
383.6
-0.020
142
UNCH
137.2
UNCH
160.6
UNCH
740.5
0.010
48
UNCH
3
-0.040
491
-0.010
245.8
-0.010 3078.3
UNCH
876
0.030 2435.5
-0.015
848.5
UNCH
343.1
UNCH
1
0.020
83.6
-0.015
261.7
UNCH
91.9
0.020
251.6
0.090 3686.7
UNCH 1032.2
UNCH
25.1
-0.005 8066.2
-0.005 3834.6
UNCH 2611.7
-0.010
3408
-0.010 20588.5
0.005
543.3
0.010 2234.7
UNCH 1877.5
UNCH
72.4
UNCH
30
-0.005
730.3
UNCH
379.7
-0.010
450.7
-0.005 66976.5
UNCH
26.5
-0.005
1001
-0.020
201.5
0.060
171.5
UNCH
43.3
UNCH
136
0.060 8538.4
0.050
626
-0.100
3.4
UNCH
491.1
-0.005 5592.2
-0.005
55.9
-0.005 1030.7
-0.045
1
0.040
0.1
UNCH
120
UNCH
10
-0.005 1624.1
UNCH
32.4
UNCH
3
UNCH
31
0.100
669
-0.090 1497.4
UNCH
5591
-0.010
116.7
-0.020
46.5
UNCH
9231
-0.010
54.6
0.005
11.4
-0.010 7483.5
0.010
290.4
-0.040 6027.8
-0.030
14
UNCH
161.7
-0.020 79558.4
-0.030 6046.7
0.010
176.1
0.050 2493.1
0.010
146.9
UNCH
25.1
-0.040
58.2
0.050
0.1
0.050 3223.8
0.030
1074
-0.005
944.3
0.020 1218.2
0.020 1087.5
-0.030 4070.6
0.240
0.819
1.190
0.570
0.432
1.200
0.144
2.381
1.506
4.359
8.125
2.290
0.410
2.921
0.250
7.747
1.001
3.120
0.006
0.320
6.534
0.750
0.920
1.590
0.240
0.357
1.930
0.260
1.299
4.310
1.039
0.534
0.145
0.392
0.270
0.540
1.688
2.358
1.631
0.155
6.051
0.756
2.400
1.200
1.462
0.740
1.850
0.980
7.495
2.142
0.340
0.075
0.155
0.225
2.041
0.087
0.830
1.923
0.090
1.975
0.447
0.561
0.795
1.055
0.105
1.190
0.220
1.638
23.224
5.607
0.139
2.902
2.045
2.266
0.881
0.170
0.371
0.616
0.792
0.440
0.115
2.260
0.149
0.196
1.070
1.174
1.469
7.535
1.397
1.313
2.611
0.096
1.965
0.335
1.399
1.500
14.369
1.530
0.302
0.207
6.800
0.870
1.677
0.895
0.480
1.773
0.700
4.498
1.022
0.041
3.015
1.062
1.665
3.79
9.41
9.04
8.61
5.23
22.87
9.98
28.07
60.89
23.23
33.50
12.43
15.70
7.00
17.80
7.19
14.31
53.79
8.42
10.29
32.90
3.80
4.48
362.50
58.96
24.77
9.15
16.35
3.31
9.14
24.14
13.94
11.90
3.23
18.81
5.70
13.12
25.72
6.13
10.27
3.85
42.00
44.74
13.20
14.65
16.51
4.50
24.84
15.78
9.33
8.37
10.15
15.41
28.86
1.20
20.61
24.70
61.01
3.62
19.56
9.71
25.66
115.79
19.38
10.14
4.95
43.75
32.89
20.77
27.08
37.54
15.77
30.63
16.38
4.38
279.17
20.37
9.80
12.61
28.51
86.63
8.80
74.04
28.29
15.71
6.47
15.02
28.10
16.94
25.85
11.81
13.40
222.92
18.77
4.27
3.54
0.63
4.39
1.40
4.17
3.47
0.66
1.64
0.43
2.19
1.45
5.12
3.23
2.51
4.81
0.46
3.36
3.26
2.20
4.66
1.92
1.54
1.63
3.88
1.27
4.19
6.36
4.32
4.38
3.28
1.33
2.92
6.80
6.14
4.12
4.00
1.78
1.76
0.59
1.47
0.73
3.09
4.49
3.73
3.54
1.67
1.30
1.08
2.57
4.80
4.36
4.03
1.83
2.94
3.25
3.85
3.54
4.21
10.92
1.53
3.33
1.33
0.96
1.98
6.92
2.45
3.52
5.63
3.00
2.02
9.80
3.15
0.16
2.98
1.44
6.10
2.24
1.11
3.07
2.14
3.18
2.91
1.46
0.66
5.76
173.7
190.7
146.9
364.8
302.0
206.6
213.8
152.7
26.8
3,055.9
2,088.7
25,771.1
30,375.2
684.9
98.0
592.4
5.2
40.0
19,260.6
398.4
213.7
123.0
382.6
53,752.4
132.6
66.7
222.6
37.9
75.2
39.1
535.8
57.8
129.5
4,581.1
514.0
79.8
58.4
219.8
49.0
125.0
457.9
3,393.1
8,100.0
168.7
45,737.5
750.0
937.7
110.2
1,630.5
1,240.1
26.5
743.5
1,600.0
33,478.4
6,516.4
55.3
56.9
454.5
770.1
4,856.5
42.1
73.4
69.9
653.6
898.7
92.1
461.0
124.6
345.2
869.7
351.1
91.3
386.1
1,198.8
269.0
30.4
1,209.1
23,187.2
2.8
1,457.7
92.1
11.3
1,557.4
992.2
227.0
790.6
224.3
313.4
416.8
106.1
81.8
26.0
803.3
278.0
468.4
55.9
890.2
1,850.1
47,516.3
30.4
8,389.0
217.2
1,920.3
149.5
367.3
573.5
402.0
1,717.5
300.0
81,042.3
189.9
116.4
218.6
25,516.4
1,516.3
706.8
15.8
178.1
88.6
109.0
1,945.8
146.6
53.2
515.0
92.4
147.8
18.3
15,345.0
185.4
24.4
3,300.3
171.6
17,810.1
AEONCR
AFFIN
AFG
ALLIANZ
ALLIANZ-PA
AMBANK
APEX
BIMB
BURSA
CIMB
ECM
ELKDESA
HLBANK
HLCAP
HLFG
HWANG
INSAS
INSAS-PA
JOHAN
KENANGA
LPI
MAA
MANULFE
MAYBANK
MBSB
MNRB
MPHBCAP
P&O
PBBANK
RCECAP
RHBBANK
13.860
2.110
3.980
10.000
9.760
4.330
1.550
3.940
8.950
4.360
0.385
1.210
13.140
10.100
14.940
2.550
0.640
0.930
0.125
0.495
16.000
0.890
2.800
7.860
0.765
2.450
1.320
1.310
19.580
0.740
4.800
-0.140
24.1
-0.010
113.1
-0.070
172.7
UNCH
20.5
-0.090 1337.8
-0.040
126
0.060
649.3
-0.050 11896.3
UNCH
69.8
-0.120
227.6
-0.060
206.2
UNCH
34.2
-0.005
151.3
0.005
20
0.005
275.6
UNCH
57.5
UNCH
176
-0.015
774.3
-0.120
17333
0.010 53786.2
UNCH
31.7
UNCH
113
0.010
12
-0.220 7091.8
-0.005
68.2
-0.140 3122.4
13.923
2.115
3.991
9.999
4.337
3.968
8.893
4.384
1.201
13.157
14.951
2.550
0.642
0.930
0.122
0.488
16.000
0.891
7.914
0.770
2.448
1.331
1.303
19.550
0.745
4.811
68.96
9.02
11.63
5.46
9.99
18.79
11.17
23.82
12.01
9.87
9.37
12.25
30.31
11.55
17.79
5.77
27.65
11.65
11.07
18.10
11.49
12.50
16.84
11.06
14.61
6.00
8.26
4.29
3.79
3.64
0.65
0.80
3.58
3.23
3.10
3.91
3.21
5.58
3.05
0.84
2.54
3.92
1.56
8.60
2.02
4.69
6.74
3.21
6.87
3.79
7.94
2.96
4.73
2.50
1,995.8
4,099.6
6,161.5
1,726.2
866.1
13,051.4
331.0
6,259.4
4,799.6
38,057.8
110.3
275.8
28,483.8
2,493.7
17,143.9
650.7
443.7
123.3
77.9
362.2
5,311.8
260.5
566.6
78,669.4
4,436.1
522.0
943.8
322.2
76,012.3
252.5
19,248.2
0
4
1
PROP
0
1
0
0
0
0
0
1
2
1
2
1
1
0
1
1
2
0
0
0
0
0
1
0
1
0
1
2
2
0
1
0
0
1
1
0
1
1
0
1
1
0
2
1
0
1
0
2
0
0
1
1
0
2
3
1
1
0
1
2
0
1
0
1
0
3
0
0
5
3
0
3
0
0
7
0
1
0
0
0
1
1
1
2
1
1
1
0
MINI
1
PLAN
0
18
9
1
0
8
0
8
1
11
0
1
1
2
3
0
0
5
24
3
3
0
4
1
1
0
2
4
0
1
0
4
3
0
4
2
0
1
1
2
6
27
HOTE
0
1
0
6
TECH
0
0
0
0
0
0
0
1
1
2
1
0
0
6
0
3
0
0
6
0
10
1
* Volu
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET
AP
IL)
3.7
0.7
6.9
4.8
2.0
6.6
3.8
2.7
6.8
5.9
8.7
1.1
5.2
4.9
8.0
2.4
5.2
0.0
0.6
8.4
3.7
3.0
2.6
2.4
2.6
6.7
2.6
7.9
5.2
9.1
5.8
7.8
9.5
1.1
4.0
9.8
8.4
9.8
9.0
5.0
7.9
3.1
0.0
8.7
7.5
0.0
7.7
0.2
0.5
0.1
6.5
3.5
0.0
8.4
6.4
5.3
6.9
4.5
0.1
6.5
2.1
3.4
9.9
3.6
8.7
2.1
1.0
4.6
5.2
9.7
1.1
1.3
6.1
8.8
9.0
0.4
9.1
7.2
2.8
7.7
2.1
1.3
7.4
2.2
7.0
0.6
4.3
3.4
6.8
6.1
1.8
6.0
3.3
8.0
8.4
5.9
0.2
0.1
6.3
0.4
9.0
7.2
0.3
9.5
7.3
3.5
2.0
7.5
0.0
2.3
9.9
6.4
8.6
6.4
6.3
6.8
5.8
8.1
8.6
9.0
5.8
6.6
3.2
5.0
2.4
7.8
8.3
5.0
5.4
4.4
0.3
1.6
0.1
5.8
9.6
1.5
6.2
6.1
1.4
1.0
9.4
9.6
7.8
0.3
5.8
3.8
3.7
3.9
0.7
3.7
3.3
7.9
2.2
1.8
0.5
6.6
9.4
6.1
2.0
3.8
2.2
2.3
2.5
8.2
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.700 0.490
4.440 3.654
1.720 1.063
PROPERTIES
0.990 0.693
1.200 0.760
0.495 0.354
0.250 0.155
0.630 0.415
0.675 0.440
0.909 0.735
1.200 0.900
2.236 1.440
1.875 1.280
2.428 1.939
1.080 0.430
1.860 1.380
0.335 0.210
1.670 1.170
1.040 0.590
2.353 1.681
0.920 0.655
0.563 0.428
0.898 0.693
0.478 0.332
0.665 0.400
1.459 1.005
0.600 0.400
1.888 1.547
0.626 0.442
1.313 0.940
2.680 2.213
2.520 1.735
0.500 0.315
1.140 0.745
0.285 0.180
0.070 0.040
1.066 0.824
1.720 1.080
0.460 0.324
1.548 1.209
1.660 1.179
0.320 0.220
1.116 0.805
1.640 1.240
0.799 0.580
2.580 1.958
1.380 1.032
0.615 0.495
1.070 0.555
0.356 0.251
2.810 1.842
0.457 0.286
0.255 0.140
1.482 0.775
1.300 0.690
0.390 0.265
2.740 1.760
3.300 2.510
1.785 1.473
1.829 1.290
0.500 0.280
1.477 1.250
2.200 1.630
0.285 0.195
1.682 0.695
0.910 0.625
1.080 0.855
0.635 0.400
3.162 2.677
0.185 0.130
0.986 0.726
5.482 4.111
3.188 2.626
0.945 0.810
3.240 2.836
0.845 0.670
0.315 0.225
7.752 5.903
0.075 0.045
1.526 1.088
0.180 0.065
0.580 0.195
0.091 0.045
1.800 1.350
1.149 0.774
1.344 0.740
2.490 1.569
1.372 1.030
1.530 0.880
1.974 1.412
0.750 0.580
MINING
1.330 1.140
PLANTATIONS
0.367 0.182
18.197 16.414
9.478 7.782
1.536 1.032
0.813 0.620
8.778 7.410
0.550 0.380
8.017 6.777
1.990 1.151
11.516 8.462
0.687 0.514
1.510 0.973
1.020 0.790
2.490 1.881
3.746 2.947
0.735 0.593
0.785 0.545
5.040 3.622
24.609 19.224
3.569 2.891
3.600 2.146
0.645 0.345
4.080 2.430
1.700 1.160
1.780 1.500
0.979 0.770
2.838 1.922
4.652 3.720
0.350 0.190
1.220 0.800
0.675 0.465
4.080 3.442
3.300 2.653
0.825 0.450
4.967 3.530
2.062 1.654
0.793 0.499
1.490 1.060
1.750 1.150
2.227 1.712
6.124 5.207
27.900 23.977
HOTELS
0.675 0.497
1.280 0.735
0.345 0.205
6.135 4.800
TECHNOLOGY
0.890 0.600
0.345 0.185
0.180 0.090
0.430 0.250
0.255 0.130
0.235 0.150
0.267 0.166
1.747 1.138
1.949 0.514
2.056 1.149
1.190 0.710
0.305 0.190
0.304 0.215
6.696 2.750
0.695 0.510
3.912 2.174
0.170 0.100
0.851 0.542
6.950 3.355
0.250 0.060
10.480 5.449
1.110 0.845
0.500
4.010
1.660
0.495
3.990
1.610
4898
6139
5230
0.920
1.000
0.450
0.175
0.425
0.490
0.780
1.080
1.550
2.170
0.685
1.640
0.270
1.320
0.610
2.030
0.500
0.760
0.395
0.405
1.220
1.810
0.530
2.570
2.410
0.420
0.920
0.230
0.055
1.120
0.395
1.320
1.600
0.245
1.000
1.620
0.615
2.500
1.170
0.510
0.825
0.295
2.690
0.320
0.210
1.170
0.280
1.860
1.580
1.350
0.430
1.390
1.680
0.260
1.030
0.695
0.905
0.410
3.030
0.140
0.840
4.620
3.060
0.840
2.960
0.695
0.240
6.020
0.045
1.420
0.070
0.245
0.050
1.480
1.050
1.070
2.410
1.140
1.910
0.600
0.905
1.000
0.445
0.170
0.425
0.475
0.770
1.050
1.540
2.140
0.660
1.620
0.260
1.270
0.610
2.030
0.500
0.760
0.385
0.400
1.200
1.790
0.510
2.520
2.370
0.410
0.900
0.225
0.055
1.100
0.390
1.320
1.590
0.240
0.990
1.580
0.580
2.490
1.170
0.505
0.795
0.295
2.670
0.315
0.190
1.150
0.275
1.810
1.570
1.350
0.405
1.350
1.670
0.255
1.020
0.695
0.895
0.410
3.010
0.135
0.820
4.610
3.000
0.825
2.940
0.690
0.235
6.020
0.045
1.400
0.070
0.225
0.045
1.460
1.040
1.050
2.390
1.100
1.910
0.590
1007
5959
1007PA
4057
6602
9814
3239
5738
6718
5049
5355
3484
3417
3557
8206
6076
8613
6815
6041
5020
9962
1147
1503
7010
5062
4251
5084
1597
5249
5175
1589
6769
3115
7323
5038
3174
8494
5789
3573
7617
8583
6181
5236
5182
5040
1694
8141
6114
8893
6548
1651
9539
3913
5073
5827
5053
1724
6912
1945
5075
2208
4596
5207
2224
4286
6017
4375
5213
1783
8664
3743
5211
1538
5158
2305
2259
5191
2429
7889
7079
5239
5401
5148
5200
2976
7003
3158
2577
1.190
1.190
2186
KUCHAI
0.240
18.000
8.500
1.470
0.430
1.990
10.480
0.535
1.470
2.410
0.700
4.390
23.160
3.160
0.550
3.850
0.470
0.595
3.580
1.800
0.685
1.090
1.710
1.910
26.580
0.240
17.760
8.500
1.460
0.425
1.890
10.380
0.525
1.460
2.400
0.700
4.220
23.000
3.160
0.540
3.850
0.470
0.595
3.530
1.800
0.675
1.070
1.710
1.850
26.580
7054
1899
5069
5254
8982
1929
3948
5029
5222
2291
7382
2135
7501
5138
2216
2607
6262
1961
2445
2453
5027
1996
2003
6572
4936
5026
5047
2038
1902
9695
5113
2542
2569
4316
5126
5135
2054
5112
5251
9059
2593
2089
AASIA
BKAWAN
BLDPLNT
BPLANT
CEPAT
CHINTEK
DUTALND
FAREAST
FGV
GENP
GLBHD
GOPENG
HARNLEN
HSPLANT
IJMPLNT
INCKEN
INNO
IOICORP
KLK
KLUANG
KMLOONG
KRETAM
KULIM
KWANTAS
MALPAC
MHC
NPC
NSOP
PINEPAC
PLS
RSAWIT
RVIEW
SBAGAN
SHCHAN
SOP
SWKPLNT
TDM
THPLANT
TMAKMUR
TSH
UMCCA
UTDPLT
0.240
17.760
8.500
1.470
0.655
8.000
0.430
7.780
1.970
10.380
0.525
1.460
0.820
2.410
3.300
0.700
0.615
4.240
23.100
3.160
3.300
0.545
4.060
1.280
1.600
0.800
2.290
3.850
0.215
0.990
0.470
3.700
3.090
0.595
3.530
1.800
0.675
1.070
1.710
1.900
5.680
26.580
0.550
0.745
0.250
0.550
0.735
0.230
5592
1643
1287
5517
GCE
LANDMRK
PMHLDG
SHANG
0.550
0.745
0.245
5.340
0.010
0.005
UNCH
8
126
232
0.550
0.740
0.242
0.210
0.145
0.360
0.155
0.160
0.210
1.530
1.580
1.850
0.930
0.250
0.220
2.810
3.150
0.135
0.590
6.840
0.125
8.120
0.850
0.205
0.135
0.335
0.140
0.160
0.200
1.530
1.540
1.800
0.915
0.240
0.220
2.750
3.060
0.135
0.585
6.670
0.120
8.040
0.850
7031
5195
0051
7204
8338
0029
4456
5162
0065
0090
0021
0082
0056
7022
5028
0166
9393
5161
9334
0143
3867
5011
AMTEL
CENSOF
CUSCAPI
D&O
DATAPRP
DIGISTA
DNEX
ECS
EFORCE
ELSOFT
GHLSYS
GPACKET
GRANFLO
GTRONIC
HTPADU
INARI
ITRONIC
JCY
KESM
KEYASIC
MPI
MSNIAGA
0.750
0.205
0.145
0.340
0.155
0.160
0.210
1.530
1.560
1.800
0.925
0.240
0.220
2.750
0.510
3.150
0.135
0.585
6.760
0.125
8.070
0.850
0.005
718.7
0.005 1596.5
-0.015 5789.1
0.015
273.5
UNCH
468.5
0.005 34827.7
0.010
10
-0.040
258.5
-0.050
19.4
0.005
486.1
0.010 7636.5
UNCH
147
-0.050
1062
0.080
499.4
0.005
33.5
-0.005
669.8
0.030
245.6
UNCH
775.8
0.020
129.9
0.005
5
0.205
0.141
0.346
0.148
0.160
0.204
1.530
1.554
1.834
0.919
0.244
0.220
2.765
3.115
0.135
0.589
6.780
0.125
8.084
0.850
CODE
COUNTER
CLOSING
(RM)
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
TA
TAKAFUL
TUNEPRO
0.495
4.010
1.640
0.005
0.020
0.020
334.8
9
3560
0.496
3.994
1.645
20.10
16.42
1.11
3.58
3.05
847.4
3,288.9
1,232.9
AMPROP
A&M
AMPROP-PA
ASIAPAC
BCB
BERTAM
BJASSET
CHHB
CRESNDO
CVIEW
DAIMAN
DBHD
E&O
ECOFIRS
ECOWLD
ENCORP
ENRA
EUPE
FARLIM
GLOMAC
GMUTUAL
GOB
GUOCO
HOOVER
HUAYANG
IBHD
IBRACO
IGB
IOIPG
IVORY
IWCITY
JKGLAND
KBUNAI
KEN
KSL
L&G
LBICAP
LBS
LIENHOE
MAGNA
MAHSING
MALTON
MATRIX
MCT
MEDAINC
MENANG
MJPERAK
MKH
MKLAND
MPCORP
MRCB
MUH
MUIPROP
NAIM
OIB
OSK
PARAMON
PASDEC
PJDEV
PLENITU
PTGTIN
SAPRES
SBCCORP
SDRED
SEAL
SHL
SMI
SNTORIA
SPB
SPSETIA
SUNSURIA
SUNWAY
SYMLIFE
TAGB
TAHPS
TALAMT
TAMBUN
TANCO
THRIVEN
TIGER
TITIJYA
TROP
UEMS
UOADEV
WINGTM
Y&G
YNHPROP
YTLLAND
0.915
1.000
0.450
0.175
0.425
0.490
0.780
1.050
1.550
1.480
2.150
0.670
1.630
0.265
1.310
0.610
2.030
0.760
0.500
0.760
0.385
0.400
1.220
0.410
1.800
0.510
1.030
2.560
2.400
0.420
0.910
0.225
0.055
0.940
1.110
0.395
1.320
1.600
0.240
1.000
1.590
0.615
2.490
1.170
0.510
0.820
0.295
2.680
0.315
0.210
1.160
0.690
0.275
1.810
3.150
1.580
1.350
0.430
1.350
1.670
0.260
1.020
0.695
0.900
0.410
3.010
0.140
0.840
4.620
3.060
0.835
2.950
0.690
0.235
6.020
0.045
1.410
0.070
0.235
0.050
1.460
1.050
1.050
2.400
1.130
0.940
1.910
0.595
0.005
-0.020
0.005
UNCH
UNCH
0.020
-0.005
-0.030
-0.010
UNCH
-0.015
-0.010
-0.005
0.050
UNCH
0.030
UNCH
-0.005
UNCH
-0.005
0.010
-0.010
-0.020
0.010
0.010
0.005
-0.010
-0.005
UNCH
-0.010
0.005
UNCH
UNCH
UNCH
0.020
0.010
0.015
-0.020
0.020
0.005
0.025
UNCH
UNCH
UNCH
0.010
0.010
-0.005
-0.050
0.020
UNCH
0.020
0.050
-0.020
0.010
-0.010
0.005
-0.020
UNCH
UNCH
0.005
-0.005
UNCH
0.040
UNCH
0.010
-0.005
UNCH
-0.230
UNCH
UNCH
-0.005
0.015
0.005
-0.010
UNCH
UNCH
0.020
-0.010
UNCH
0.010
205.5
1
16.8
331.1
10
104.2
14
17.2
8.9
143.5
31.2
660.1
455.8
1736.3
5
0.1
55
4.6
80.9
152
144.5
263
465.1
89
3087.3
246
1135.5
1389.1
158
458.9
763.9
3.3
124
46.2
119.5
2099.2
3102
29.2
1
6
1514.3
54.7
707.9
168.4
50
888.2
87.2
246.6
103.3
20
63
64.1
5.5
98
10.9
2.5
106
34.1
4.6
98
60
6
942.1
91.2
958
203
316.1
4
620
434.5
4.6
2229.9
352.5
295
90.4
1972.2
2663.4
32.2
2
45
0.909
6.80
1.000 16.47
0.445
0.170
2.36
0.425
5.74
0.483 15.17
0.773 50.65
1.051
1.549 26.68
9.44
2.153 17.08
0.667
1.632 54.70
0.265 11.57
1.301 36.59
0.610
2.030 31.52
29.12
0.500
3.98
0.760
6.80
0.389
8.42
0.404
4.69
1.205
4.11
1.801
4.56
0.519
9.96
11.69
2.546 16.67
2.395
8.51
0.412 16.41
0.913 350.00
0.227
8.01
0.055
7.24
1.109
4.76
0.391
4.52
1.320
8.00
1.599 10.65
0.240
0.999
2.23
1.591 11.06
0.589
7.98
2.496 11.05
1.170 11.91
0.509
0.814 16.17
0.295
6.70
2.679
6.90
0.316 12.80
0.205
1.161 20.64
5.49
0.276 343.75
1.827 24.33
14.56
1.572
3.31
1.350 10.52
0.410
1.363 10.83
1.673
4.18
0.257
9.15
1.027 927.27
0.695 12.15
0.902
8.90
0.410
3.019
8.62
0.138
0.828 13.19
4.613
3.20
3.026 10.06
0.831 15.32
2.950
7.56
0.690 15.68
0.239
6.020 21.88
0.045
1.413
6.30
0.070
0.233 18.22
0.048
1.469
7.20
1.041
8.04
1.057 22.98
2.401
8.28
1.131 10.94
10.35
1.910 51.21
0.594 24.69
3.28
1.50
4.44
1.71
1.28
3.23
4.73
2.33
1.23
1.48
4.00
5.59
5.19
1.64
7.22
2.55
3.40
3.91
2.50
1.33
3.19
6.31
5.06
3.79
2.19
8.00
4.09
4.88
6.08
1.71
7.25
2.61
9.52
2.16
1.93
2.54
3.16
6.11
5.56
2.69
2.94
0.66
2.78
6.64
2.38
2.60
7.08
3.73
2.90
1.40
1.66
6.38
3.08
6.67
1.52
6.25
2.65
9.31
551.5
365.1
132.3
173.7
175.3
101.3
868.2
289.5
434.7
148.0
456.2
207.3
2,053.4
203.0
3,097.2
170.0
276.5
97.3
70.2
553.1
144.6
181.9
854.6
16.4
475.2
506.6
511.3
3,493.9
10,616.7
205.8
670.4
170.6
317.7
180.2
1,128.9
433.5
99.9
966.7
86.8
332.9
3,831.0
275.8
1,407.6
1,561.7
251.2
219.0
75.8
1,124.1
380.3
60.4
2,188.4
38.9
210.1
452.5
456.3
2,216.6
571.0
88.6
713.9
637.2
90.0
142.4
163.2
383.5
90.8
728.8
29.4
410.9
1,587.5
8,071.2
667.0
6,029.0
213.9
1,250.6
450.6
189.9
601.4
23.4
88.5
69.5
535.3
1,519.8
4,764.3
3,917.9
550.3
187.4
843.2
502.4
UNCH
13
1.190
UNCH
265
-0.240
43
UNCH
2
0.010
98.9
UNCH
54.8
0.050 22881.4
-0.060
79.1
-0.010
129
0.010
28
UNCH
188
UNCH
1
-0.010 3124.1
-0.040 1150.9
UNCH
2
-0.005
459.2
-0.050
2.2
UNCH
347.4
-0.005
3.1
-0.040
67.9
UNCH
22.1
-0.005
175.4
-0.020 1061.6
UNCH
60
0.060
172.1
-0.420
0.1
0.71
147.3
0.240
17.985
9.90
8.500 227.88
1.464 20.65
33.08
27.75
0.430 87.76
15.59
1.955
10.401 49.15
0.532
1.79
1.462 200.00
2.400 21.05
120.00
0.700
14.30
4.260 29.18
23.092 17.61
3.160 39.65
14.38
0.544
96.90
64.52
6.71
3.850 51.40
0.470
42.14
35.97
0.595
3.564 14.39
1.800 38.30
0.677 13.37
1.078 19.60
1.710 14.44
1.886
19.92
26.580 17.99
1.190
1.50
2.82
0.24
9.52
2.29
2.00
3.21
2.03
0.53
1.90
2.74
9.76
3.32
1.52
1.67
1.89
1.95
0.32
3.94
2.34
1.88
0.44
1.56
1.62
0.65
1.42
4.17
1.78
1.87
8.77
1.05
2.82
1.50
158.4
7,742.5
794.8
2,352.0
208.6
730.9
363.8
1,100.0
7,186.9
8,217.9
117.0
261.8
152.1
1,928.0
2,905.9
294.5
294.0
27,398.1
24,659.4
199.6
1,029.0
1,072.4
5,715.8
398.9
120.0
157.2
274.8
270.3
32.2
323.4
666.7
239.9
205.0
68.5
1,559.5
504.0
1,000.1
945.7
680.9
2,556.3
1,188.4
5,532.2
19.11
3.64
2.62
108.4
358.2
227.6
2,349.6
77.32
29.31
10.55
9.84
45.35
14.24
52.86
13.10
16.68
55.43
19.71
8.35
8.78
10.01
4.57
3.92
1.92
4.44
2.27
4.00
3.92
2.25
11.54
0.44
2.85
37.0
102.8
63.2
335.9
65.3
81.4
357.2
275.4
322.6
326.0
603.2
165.7
106.3
775.2
51.6
3,013.4
13.9
1,214.5
290.8
104.3
1,693.8
51.3
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
0.485 0.365 0.410

0.395
0.691 0.410 0.525
0.515
0.335 0.210 0.275
0.265
0.975 0.560 0.975
0.910
0.475 0.235 0.315
0.315
0.110 0.035 0.085
0.080
2.770 1.498 2.730
2.690
4.000 2.654 3.890
3.870
0.845 0.615 0.645
0.645
INFRASTRUCTURE PROJECT COMPANIES
5.648 4.252 4.960
4.940
5.970 4.166 5.880
5.850
1.950 0.985 1.060
1.040
0.575 0.335 0.410
0.385
7.924 5.408 7.580
7.400
1.600 1.380 1.420
1.390
CLOSED-END FUNDS
2.380 2.100 2.310
2.270
EXCHANGE TRADED FUNDS
1.116 1.035
1.770 1.550 1.715

1.715
1.425 1.015 1.200
1.200
1.785 1.580
1.010 0.900
1.015 0.850 0.917

0.912
1.175 0.990
1.075 0.940 1.015

1.015
REITS
1.050 0.875 1.040
1.030
1.620 1.243 1.610
1.610
1.112 0.881 1.030
1.030
0.794 0.672 0.765
0.765
0.935 0.730 0.925
0.920
1.090 0.956 1.090
1.080
1.850 1.463 1.760
1.750
1.560 1.167 1.560
1.530
1.560 1.321 1.560
1.520
1.740 1.206 1.640
1.620
7.880 6.718 7.590
7.470
1.240 0.954 1.240
1.220
1.900 1.346 1.860
1.840
1.770 1.376 1.710
1.660
1.240 1.045 1.220
1.220
1.740 1.349 1.700
1.700
1.120 0.936 1.120
1.110
SPAC
0.705 0.660 0.690
0.680
0.695 0.595
0.475 0.420 0.465

0.455
CODE
COUNTER
CLOSING
(RM)
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0083
9008
0041
7160
9075
0118
5005
0097
0008
NOTION
OMESTI
PANPAGE
PENTA
THETA
TRIVE
UNISEM
VITROX
WILLOW
0.400
0.520
0.270
0.970
0.315
0.085
2.690
3.870
0.645
-0.010
0.005
0.005
0.050
UNCH
UNCH
-0.040
-0.030
0.005
315.8
270
218
4316.9
0.2
35021
875.2
1
6.5
0.402
0.522
0.266
0.953
0.315
0.085
2.702
3.880
0.645
35.71
41.54
9.74
6.13
11.67
17.84
9.38
3.72
0.52
3.10
108.2
221.9
65.2
142.2
33.8
102.7
1,974.0
906.6
160.0
6947
6645
6807
5078
5031
6742
DIGI
LITRAK
PUNCAK
SILKHLD
TIMECOM
YTLPOWR
4.960
5.880
1.050
0.385
7.550
1.400
0.010
0.030
-0.010
-0.025
0.050
-0.020
3774.2
238.3
529.2
2877.7
240.4
4028.6
4.951
5.855
1.049
0.391
7.542
1.404
24.12
17.57
9.68
11.86
4.13
4.25
0.89
7.14
38,564.0
3,082.7
471.7
270.1
4,366.1
11,342.3
5108
ICAP
2.310
0.030
179.9
2.304
15.14
323.4
0800EA
0822EA
0823EA
0820EA
0826EA
0825EA
0821EA
0824EA
ABFMY1
CIMBA40
CIMBC50
FBMKLCI-EA
METFAPA
METFSID
MYETFDJ
MYETFID
1.115
1.715
1.200
1.735
0.979
0.912
1.075
1.015
0.005
-0.015
-0.002
-0.010
41
20
82
1.715
1.200
0.916
1.015
5.09
3.83
1.44
2.36
2.20
3.10
2,024.2
2.3
14.8
2.9
18.6
48.3
300.0
52.4
4952
5116
5269
5120
5127
5130
5106
5180
5121
5227
5235SS
5123
5212
5176
5111
5110
5109
AHP
ALAQAR
ALSREIT
AMFIRST
ARREIT
ATRIUM
AXREIT
CMMT
HEKTAR
IGBREIT
KLCC
MQREIT
PAVREIT
SUNREIT
TWRREIT
UOAREIT
YTLREIT
1.040
1.610
1.030
0.765
0.920
1.090
1.750
1.550
1.530
1.630
7.510
1.240
1.850
1.710
1.220
1.700
1.110
0.020
UNCH
UNCH
-0.005
UNCH
0.010
0.010
0.030
-0.030
-0.010
0.010
0.040
0.010
0.040
-0.010
UNCH
UNCH
27.6
4.4
38.1
91.4
26.3
111.4
1506.7
4320.4
25.7
1958.3
973.7
386
863.3
3294.3
6.6
19.9
411.5
1.034
8.12
1.610 16.68
1.030 40.39
0.765
7.67
0.924
8.63
1.081
8.88
1.750 19.57
1.546 17.07
1.531 209.59
1.633 22.03
7.502 11.94
1.226 11.57
1.848 19.70
1.685
8.97
1.220 12.19
1.700
6.54
1.112 26.30
6.25
4.78
1.17
6.67
7.14
5.28
4.80
5.28
6.86
4.99
4.68
6.89
4.49
5.33
5.68
6.42
7.11
104.0
1,172.4
597.4
525.1
527.4
132.8
1,934.1
3,143.9
613.0
5,685.9
13,558.1
820.1
5,586.6
5,034.1
342.2
718.9
1,470.1
CLIQ
REACH
SONA
0.690
0.685
0.460
UNCH
-0.005
1548.7
4381.5
0.684
0.460
435.3
875.3
648.9
CLOSING
(RM)
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
Unch
0.005
0.005
Unch
684.3
4432.8
60
1654.4
0.378
0.307
0.232
0.040
25.85
17.53
1.62
1.96
2.50
190.0
243.5
112.6
93.9
5234
5256
5241
Ace Market
YEAR
HIGH
YEAR
LOW
DAY
HIGH
CONSUMER PRODUCTS
0.450 0.225 0.380
0.320 0.095 0.315
0.393 0.225 0.235
0.070 0.035 0.040
INDUSTRIAL PRODUCTS
0.338 0.172 0.240
0.100 0.045 0.055
0.610 0.315 0.320
0.251 0.080 0.090
0.655 0.260 0.585
0.055 0.040 0.045
0.880 0.345 0.355
0.125 0.070 0.085
0.220 0.110 0.170
0.145 0.085 0.100
0.180 0.120 0.135
0.150 0.050 0.055
0.500 0.293 0.355
0.195 0.105 0.140
0.190 0.080 0.090
0.155 0.085 0.115
0.210 0.120 0.145
0.270 0.110 0.125
0.263 0.166 0.185
TECHNOLOGY
0.260 0.100 0.205
0.615 0.270 0.320
0.210 0.100 0.125
1.300 0.210 0.245
0.015 0.005
1.310 0.710 1.140

0.080 0.040
0.090 0.045 0.050

0.150 0.060 0.075
0.355 0.190 0.240
0.095 0.045 0.055
3.150 1.010 1.060
0.055 0.035 0.035
0.125 0.080 0.090
0.155 0.055 0.060
1.051 0.452 0.540
0.150 0.035 0.060
0.275 0.130 0.150
0.854 0.523 0.550
1.340 0.355 1.230
0.340 0.180 0.210
0.080 0.040 0.045
0.255 0.100 0.205
0.325 0.080 0.155
0.265 0.050 0.240
0.970 0.470
1.880 0.805 1.600

0.588 0.281 0.465
0.135 0.060 0.105
0.075 0.055 0.060
0.759 0.450 0.635
0.295 0.175
0.300 0.180 0.195

0.195 0.075 0.095
1.058 0.599 0.830
0.060 0.025 0.030
0.100 0.050 0.060
0.155 0.085 0.100
0.872 0.520 0.580
0.395 0.270 0.395
0.730 0.165 0.290
0.110 0.035 0.070
0.305 0.150 0.165
0.140 0.060 0.070
0.728 0.313 0.525
0.090 0.010
0.595 0.270 0.310

0.160 0.055 0.070
0.370 0.160 0.160
0.135 0.065 0.085
0.298 0.173 0.245
0.180 0.080
0.269 0.140 0.165

0.165 0.100 0.155
0.230 0.140 0.205
0.370 0.075 0.285
0.140 0.065 0.095
0.340 0.025
0.205 0.105 0.130

0.570 0.451 0.540
TRADING SERVICES
0.300 0.150
0.135 0.095
0.070 0.035 0.045

0.390 0.191 0.335
0.275 0.180 0.225
0.760 0.300
0.475 0.260 0.340

0.250 0.155 0.170
0.600 0.350 0.405
0.240 0.140
0.245 0.130 0.200

0.330 0.250
0.303 0.168 0.250

0.020 0.005 0.005
0.370 0.140 0.195
0.730 0.350 0.400
0.745 0.480 0.570
2.400 1.659 1.880
0.259 0.165 0.220
0.500 0.325 0.490
0.055 0.030 0.035
1.490 0.446 1.360
0.195 0.100
0.705 0.110 0.150

FINANCE
0.530 0.390 0.400
DAY
LOW
CODE
COUNTER
0.375
0.300
0.230
0.040
0179
0170
0148
0095
BIOHLDG
KANGER
SUNZEN
XINGHE
0.380
0.305
0.235
0.040
0.220
0.050
0.315
0.090
0.575
0.045
0.345
0.085
0.165
0.095
0.130
0.055
0.345
0.140
0.080
0.110
0.120
0.120
0.185
0105
0072
0163
0102
0100
0109
0175
0160
0162
0024
0025
0070
0049
0038
0133
0001
0028
0055
0084
ASIAPLY
AT
CAREPLS
CONNECT
ESCERAM
FLONIC
HHGROUP
HHHCORP
IJACOBS
JAG
LNGRES
MQTECH
OCNCASH
PTB
SANICHI
SCOMNET
SCOPE
SERSOL
TECFAST
0.230
0.050
0.315
0.090
0.585
0.045
0.350
0.085
0.170
0.095
0.135
0.055
0.350
0.140
0.085
0.110
0.145
0.120
0.185
0.010 11720.4
Unch
667.6
Unch
123.8
Unch
102.5
Unch 1319.6
Unch
260
-0.005
875.4
Unch
150
0.005
151
-0.005
79
Unch
298.9
Unch
61.7
-0.005
508.3
Unch
150
0.005 31711.7
-0.005
162.3
0.010
85.5
Unch
117.2
Unch
76
0.231
0.050
0.315
0.090
0.584
0.045
0.347
0.085
0.170
0.098
0.134
0.055
0.351
0.140
0.086
0.115
0.132
0.123
0.185
9.91
26.47
7.56
16.71
53.03
10.20
12.96
8.25
9.17
12.33
2.61
0.95
0.94
5.26
2.00
3.64
2.70
61.1
21.7
135.0
21.9
120.2
39.6
108.0
28.3
23.1
108.7
32.7
15.3
78.1
21.1
73.0
26.7
80.5
25.8
31.7
0.200
0.315
0.120
0.210
1.100
0.045
0.070
0.230
0.055
1.030
0.035
0.090
0.060
0.520
0.050
0.140
0.550
1.210
0.205
0.045
0.205
0.140
0.235
1.530
0.455
0.095
0.055
0.615
0.190
0.090
0.810
0.025
0.050
0.100
0.570
0.380
0.260
0.065
0.160
0.065
0.520
0.290
0.065
0.160
0.080
0.240
0.155
0.150
0.200
0.270
0.090
0.115
0.535
0018
0181
0119
0068
0039
0098
0152
0131
0154
0107
0116
0104
0045
0074
0174
0023
0094
0010
0146
0127
0111
0036
0176
0017
0075
0155
0126
0112
0085
0034
0113
0103
0156
0092
0108
0020
0096
0026
0035
0040
0079
0005
0123
0007
0106
0135
0178
0060
0117
0169
0093
0129
0050
0132
0120
0069
0066
0141
0086
0009
ACCSOFT
AEMULUS
APPASIA
ASDION
ASIAEP
BAHVEST
DGB
DGSB
EAH
EDUSPEC
FOCUS
GENETEC
GNB
GOCEAN
IDMENSN
IFCAMSC
INIX
IRIS
JFTECH
JHM
K1
KGROUP
KRONO
M3TECH
MEXTER
MGRC
MICROLN
MIKROMB
MLAB
MMAG
MMSV
MNC
MPAY
MTOUCHE
N2N
NETX
NEXGRAM
NOVAMSC
OPCOM
OPENSYS
ORION
PALETTE
PRIVA
PUC
REXIT
SCN
SEDANIA
SKH
SMRT
SMTRACK
SOLUTN
SRIDGE
SYSTECH
TDEX
VIS
VIVOCOM
VSOLAR
WINTONI
YGL
YTLE
0.205
0.320
0.125
0.245
0.010
1.120
0.040
0.045
0.070
0.235
0.055
1.040
0.035
0.090
0.060
0.530
0.055
0.140
0.550
1.220
0.205
0.045
0.205
0.150
0.240
0.500
1.540
0.455
0.100
0.060
0.630
0.255
0.190
0.095
0.830
0.025
0.055
0.100
0.570
0.380
0.285
0.070
0.160
0.065
0.520
0.010
0.300
0.065
0.160
0.085
0.240
0.090
0.155
0.155
0.200
0.275
0.095
0.025
0.125
0.535
0.015
44.8
Unch 1329.2
0.005
228
Unch
30.2
-0.010
505.1
-0.005
3555
-0.005 4121.8
Unch
469.2
Unch
40.5
-0.020
179.8
Unch
1
Unch
1
Unch
109
0.010 5209.2
0.005 20489.9
-0.005
3769
-0.040
1
Unch
150.3
Unch
535.2
Unch
20
0.005
393.1
0.005 14855.1
-0.005 5373.8
0.010
871.9
-0.005
246.9
0.005
863.2
Unch
690.1
0.015
636.9
-0.005
438
Unch
146.6
-0.005
53.5
-0.005
2144
Unch
9834
Unch
810
-0.010
110.1
-0.010 2815.6
0.015
908.8
0.005 1874.4
-0.005
996
-0.005 1708.6
-0.010
50
0.010 4023.3
-0.005
3228
Unch
10
0.005 2914.6
-0.005 1118.5
Unch 1661.6
Unch
780
-0.005
83
-0.005 40703.1
Unch 1295.5
0.015 1852.1
-0.005
347.8
0.203 30.60
0.317 24.81
0.124
0.222
1.117
0.046 40.91
0.075
0.234 19.42
0.055
1.044
8.29
0.035 23.33
0.090 75.00
0.060
0.529 37.32
0.053
0.145 19.72
0.550 39.86
1.220 20.20
0.206
9.58
0.045
0.205
8.72
0.147
0.235
22.42
1.552 173.03
0.459 14.77
0.099
0.060
0.622 16.54
0.193
0.095 95.00
0.821 37.05
0.029
0.055
4.33
0.100 100.00
0.572 12.36
0.388 21.59
0.279
0.065
6.25
0.164 35.56
0.065 50.00
0.522 13.23
0.299
0.068
0.160
0.084
0.244 11.76
0.160 39.74
0.152 193.75
0.202
0.277 18.97
0.090
0.123
0.539 20.74
1.89
1.82
2.44
2.42
3.17
2.41
3.51
2.32
1.25
3.85
2.79
1.29
7.48
131.3
140.4
35.1
28.5
8.1
488.8
19.6
61.0
104.4
213.5
42.7
36.6
10.1
23.7
29.7
322.4
22.9
314.6
69.3
151.0
96.9
33.3
48.6
88.8
47.2
47.1
257.7
139.2
18.7
57.2
102.7
24.1
135.0
22.0
395.4
31.3
103.6
68.3
91.9
113.2
37.9
22.4
89.3
70.4
98.5
2.0
60.0
36.0
45.7
28.2
73.0
10.9
49.2
64.0
22.1
711.5
31.7
12.8
24.2
722.3
0.040
0.330
0.220
0.330
0.170
0.405
0.195
0.250
0.005
0.190
0.380
0.535
1.870
0.220
0.485
0.030
1.330
0.145
0122
0048
0150
0011
0157
0147
0180
0167
0081
0153
0177
0006
0171
0110
0080
0032
0173
0158
0161
0137
0140
0089
0145
0165
AIM
ANCOMLB
ASIABIO
BTECH
FOCUSP
INNITY
KTC
MCLEAN
MEGASUN
OVERSEA
PASUKGB
PINEAPP
PLABS
RA
RAYA
REDTONE
REV
SCC
SCH
STEMLFE
STERPRO
TEXCYCL
TFP
XOX
0.200
0.095
0.040
0.335
0.225
0.560
0.330
0.170
0.405
0.175
0.200
0.300
0.250
0.005
0.190
0.400
0.570
1.870
0.220
0.490
0.035
1.340
0.135
0.145
Unch
Unch
-0.015
-0.010
Unch
-0.005
0.005
Unch
-0.005
-0.005
Unch
0.035
-0.110
Unch
0.005
0.005
Unch
-0.005
954.9
230.1
30
1922.9
30
20
1202.8
80
10.9
366
232
6
13.9
519.9
50
200.1
208.4
1822.5
74.07
0.040
0.335 15.30
0.222
27.59
0.333 39.29
0.170 13.49
0.405 17.46
0.199 74.07
0.250 14.37
0.005
0.190
0.389
0.541 22.35
1.871 12.41
0.220 66.67
0.489
0.030
1.341 28.88
122.73
0.146 12.39
3.76
4.44
1.71
2.80
0.50
2.67
6.82
0.56
53.2
45.0
38.1
84.4
37.1
77.5
168.4
30.4
76.9
42.9
64.9
14.6
51.7
4.8
27.3
302.9
76.7
80.0
90.7
121.3
34.6
228.9
27.7
80.7
0.400
0053
OSKVI
0.400
Unch
41.6
0.400
5.00
79.0
28 Markets
T HU
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S
Bursa Malaysia Equity Derivatives

Main Market & Ace Market Warrants
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
0.070
0.055
0.065
0.065
5238CU
0.105
0.075
0.100
0.090
5238CV
0.105
0.090
0.105
0.105
0.340
0.035
0.300
0.150
0.060
0.110
0.565
0.085
0.450
0.595
WARRANTS
VOL PARENT
EXE
(000)
PRICE PRICE
DAY
HIGH
DAY
LOW
CODE
WARRANTS
CLOSE
(RM)
+/(RM)
0.255
0.130
0.170
0.155
1.280
0.805
1.270
0.285
0.085
0.245
0.220
0.075
VOL PARENT
EXE
(000)
PRICE PRICE
539826
GAMUDA-C26
0.160
-0.005
787.1
1.240
5398WE
GAMUDA-WE
1.270
0.010
5076.8
4.820
4.050
10.37
06/03/2021
0.225
5226WA
GBGAQRS-WA
0.240
0.015
8030
1.090
1.300
41.28
20/07/2018
0.090
0.075
318228
GENTINGC28
0.090
0.015
705
8.100
7.800
9.63
23/11/2016
30/11/2016
4.820
4.500
PRM
(%)
3.32
EXPIRY
DATE
30/11/2016
Ch
hel
SH
ye
ga
exp
(SO
+/(RM)
AAX-CU
0.065
0.005
90
0.405
0.490
37.04
30/12/2016
0.220
0.060
0.065
0.060
318229
GENTINGC29
0.060
-0.005
313.4
8.100
9.300
21.11
AAX-CV
0.090
Unch
9777.3
0.405
0.390
18.52
30/12/2016
0.205
0.110
0.110
0.110
318230
GENTINGC30
0.110
Unch
130
4.340
8.500
116.13
17/02/2017
5238CW
AAX-CW
0.105
0.005
37.5
0.405
0.420
29.63
10/04/2017
0.190
0.100
0.110
0.105
318231
GENTINGC31
0.105
-0.005
481
4.340
8.300
110.60
31/03/2017
0.290
5238WA
AAX-WA
0.295
0.005
14589.8
0.405
0.460
86.42
08/06/2020
0.465
0.295
0.300
0.295
318232
GENTINGC32
0.300
-0.010
425.4
8.100
8.300
15.43
30/12/2016
0.105
7315WB
AHB-WB
0.110
Unch
88
0.205
0.200
51.22
28/08/2019
2.380
0.530
1.640
1.610
3182WA
GENTING-WA
1.610
-0.030
2821
8.100
7.960
18.15
18/12/2018
0.560
0.560
509927
AIRASIAC27
0.560
-0.005
15
2.930
1.280
1.02
28/10/2016
0.200
0.065
0.190
0.185
70010
GLD-C10
0.185
Unch
250
525.6
464.6
1.06
29/09/2016
0.060
0.440
0.430
509931
AIRASIAC31
0.430
-0.020
200
2.930
1.500
-0.38
15/08/2016
0.265
0.120
0.135
0.135
1147WA
GOB-WA
0.135
-0.005
21.2
0.400
0.800
133.75
24/12/2019
0.125
0.570
0.570
509932
AIRASIAC32
0.570
-0.025
250
2.930
1.500
-0.17
30/09/2016
0.100
0.020
0.035
0.035
0074WA
GOCEAN-WA
0.035
-0.005
107.2
0.090
0.340
316.67
07/08/2019
0.385
0.110
0.375
0.360
509933
AIRASIAC33
0.365
-0.015
1401.7
2.930
2.100
2.82
28/10/2016
0.180
0.060
0.110
0.110
7676WB
GUNUNG-WB
0.110
Unch
30
0.415
0.400
22.89
02/10/2020
0.390
0.125
0.375
0.360
509934
AIRASIAC34
0.365
-0.010
1445.2
2.930
2.000
5.63
28/02/2017
0.460
0.170
0.315
0.310
2062WC
HARBOUR-WC
0.315
-0.005
69.1
0.995
1.560
88.44
03/04/2021
0.380
0.190
0.380
0.360
509935
AIRASIAC35
0.380
0.010
541.7
2.930
2.000
7.17
17/02/2017
0.240
0.025
0.025
0.025
5168CQ
HARTA-CQ
0.025
-0.005
20
4.080
4.780
22.67
28/10/2016
0.215
0.130
0.210
0.200
509936
AIRASIAC36
0.200
-0.010
1461.4
2.930
2.850
17.75
30/12/2016
0.120
0.010
0.020
0.020
5168CS
HARTA-CS
0.020
-0.005
550
4.080
6.000
50.98
31/01/2017
0.345
0.230
0.330
0.315
509937
AIRASIAC37
0.315
-0.020
1146.8
2.930
2.450
10.49
30/12/2016
1.510
0.625
0.930
0.905
5095WB
HEVEA-WB
0.920
Unch
624.9
1.180
0.250
-0.85
28/02/2020
0.205
0.130
0.200
0.190
509938
AIRASIAC38
0.195
-0.010
1589.2
2.930
2.650
13.74
28/04/2017
0.190
0.017
0.055
0.050
5072WA
HIAPTEK-WA
0.055
0.005
1918.5
0.265
0.690
181.13
09/01/2017
0.270
0.235
0.260
0.255
509939
AIRASIAC39
0.255
-0.010
45
2.930
2.700
18.26
17/03/2017
0.115
0.065
0.090
0.085
5072WB
HIAPTEK-WB
0.085
Unch
2490.7
0.265
0.500
120.75
23/06/2021
0.100
0.070
0.095
0.090
5014CP
AIRPORT-CP
0.090
0.005
135
6.000
6.450
18.00
28/04/2017
0.810
0.305
0.350
0.345
5169WA
HOHUP-WA
0.345
-0.015
41.4
0.805
0.600
17.39
21/12/2018
0.040
0.010
0.030
0.025
0159WA
AMEDIA-WA
0.025
-0.005
300
0.160
1.100
603.13
02/01/2018
0.315
0.190
0.220
0.220
7213WB
HOVID-WB
0.220
Unch
10
0.400
0.180
0.00
05/06/2018
0.105
0.040
0.055
0.055
9342WA
ANZO-WA
0.055
Unch
130
0.230
0.250
32.61
19/11/2019
0.550
0.175
0.370
0.305
65130
HSI-C30
0.310
-0.065
26210.7
11,302 22,400
100.66
29/09/2016
0.120
0.040
0.055
0.055
9342WB
ANZO-WB
0.055
Unch
20
0.230
0.250
32.61
25/08/2023
1.010
0.305
0.795
0.765
65132
HSI-C32
0.765
-0.160
377
11,302 21,000
91.89
29/09/2016
0.095
0.015
0.025
0.020
5194WA
APFT-WA
0.020
-0.005
2113.3
0.050
0.400
740.00
13/07/2018
0.540
0.190
0.390
0.390
65136
HSI-C36
0.390
-0.080
10
11,302 23,200
108.38
28/10/2016
0.050
0.010
0.010
0.010
521014
ARMADA-C14
0.010
-0.005
100
0.740
0.950
31.08
30/09/2016
0.835
0.310
0.650
0.610
65138
HSI-C38
0.615
-0.130
154.1
11,302 21,800
97.78
28/10/2016
0.135
0.055
0.080
0.075
521015
ARMADA-C15
0.075
-0.005
950
0.740
0.800
18.24
28/02/2017
0.730
0.260
0.520
0.480
65148
HSI-C48
0.490
-0.240
232.5
11,302 23,000
107.40
29/12/2016
0.075
0.045
0.050
0.050
521016
ARMADA-C16
0.050
-0.005
500
0.740
0.800
19.59
30/11/2016
1.450
1.280
1.300
1.280
65158
HSI-C58
1.300
-0.150
15
11,302 20,600
92.61
26/01/2017
0.595
0.060
0.095
0.060
0068WB
ASDION-WB
0.095
-0.035
33.5
0.245
0.500
142.86
24/03/2019
0.735
0.005
0.015
0.010
65129
HSI-H29
0.010
Unch
70.1
11,302 17,000
50.49
30/08/2016
0.035
0.015
0.020
0.020
0150WA
ASIABIO-WA
0.020
-0.005
10
0.040
0.100
200.00
19/04/2024
1.500
0.060
0.090
0.070
65133
HSI-H33
0.090
0.020
9878.9
11,301 19,800
75.91
30/08/2016
0.175
0.095
0.150
0.135
0105WA
ASIAPLY-WA
0.150
0.005
4142.7
0.230
0.100
8.70
13/12/2020
0.600
0.050
0.170
0.055
65135
HSI-H35
0.060
-0.140
71
11,302 17,800
57.97
29/09/2016
0.050
0.020
0.025
0.020
0072WA
AT-WA
0.025
Unch
617
0.050
0.120
190.00
29/01/2019
0.915
0.115
0.150
0.140
65137
HSI-H37
0.150
0.030
1175.2
11,302 19,200
71.07
29/09/2016
0.150
0.040
0.095
0.095
6888C8
AXIATA-C8
0.095
-0.005
310
5.650
5.850
8.58
31/01/2017
1.270
0.240
0.315
0.290
65139
HSI-H39
0.310
0.030
20818.5
11,302 20,600
84.73
29/09/2016
0.380
0.150
0.295
0.285
7078WA
AZRB-WA
0.290
-0.010
217.6
0.645
0.700
53.49
13/05/2024
0.880
0.150
0.185
0.180
65141
HSI-H41
0.180
0.020
130
11,302 18,600
66.00
28/10/2016
0.195
0.095
0.120
0.115
4162CF
BAT-CF
0.115
Unch
311.1
49.496 50.000
10.31
28/04/2017
1.250
0.305
0.370
0.365
65143
HSI-H43
0.370
0.030
220
11,302 20,000
79.90
28/10/2016
0.210
0.080
0.130
0.130
7241WA
BHS-WA
0.130
-0.005
90
78.05
18/10/2020
1.740
0.540
0.660
0.620
65145
HSI-H45
0.660
0.090
1287.9
11,302 21,400
94.60
28/10/2016
0.435
0.225
0.305
0.300
5258WA
BIMB-WA
0.300
-0.005
286.7
3.940
4.720
27.41
04/12/2023
0.640
0.175
0.200
0.200
65147
HSI-H47
0.200
0.020
98
11,302 18,000
60.85
29/11/2016
0.280
0.090
0.100
0.100
6998WA
BINTAI-WA
0.100
Unch
67
0.190
0.200
57.89
15/06/2020
0.995
0.330
0.375
0.370
65149
HSI-H49
0.375
0.045
30
11,302 19,400
74.63
29/11/2016
0.105
0.020
0.030
0.025
3395CZ
BJCORP-CZ
0.030
Unch
40.1
0.350
0.370
14.29
31/10/2016
1.420
0.455
0.565
0.520
65151
HSI-H51
0.565
0.065
169.8
11,302 20,800
88.53
29/11/2016
0.160
0.095
0.130
0.125
3395WB
BJCORP-WB
0.130
Unch
11
0.350
1.000
222.86
22/04/2022
0.915
0.395
0.465
0.450
65153
HSI-H53
0.465
0.055
58.2
11,302 19,000
71.81
29/12/2016
0.060
0.005
0.005
0.005
6025WA
BJMEDIA-WA
0.005
-0.005
10
0.400
0.870
118.75
16/12/2016
1.110
0.530
0.625
0.625
65155
HSI-H55
0.625
0.075
10
11,302 20,400
85.47
29/12/2016
0.145
0.060
0.105
0.105
7036WB
BORNOIL-WB
0.105
-0.010
280.7
0.180
0.100
13.89
28/02/2018
1.600
0.795
0.945
0.920
65157
HSI-H57
0.935
0.110
195.2
11,302 21,800
100.33
29/12/2016
0.115
0.065
0.110
0.105
7036WC
BORNOIL-WC
0.105
Unch
14050.5
0.180
0.100
13.89
08/11/2025
0.515
0.455
0.515
0.510
65159
HSI-H59
0.515
0.005
15
11,302 19,600
77.51
26/01/2017
1.330
0.410
1.080
1.080
7174WA
CAB-WA
1.080
-0.010
34.3
1.670
0.550
-2.40
08/02/2020
0.230
0.025
0.050
0.045
6238CD
HSL-CD
0.050
0.005
2687.8
1.810
2.000
14.64
11/11/2016
0.023
0.005
0.005
0.005
5229WA
CAP-WA
0.005
Unch
200
0.030
1.414
4,630
29/12/2016
0.030
0.020
0.030
0.020
9601WD
HWGB-WD
0.030
Unch
974.6
0.055
0.180
281.82
15/03/2021
0.205
0.020
0.035
0.035
7076CC
CBIP-CC
0.035
0.015
10
2.000
2.150
11.00
11/11/2016
0.320
0.155
0.165
0.160
4251WA
IBHD-WA
0.160
-0.005
11.5
0.510
1.410
207.84
08/10/2019
0.505
0.255
0.375
0.350
7076WA
CBIP-WA
0.370
0.020
36
2.000
2.400
38.50
06/11/2019
0.105
0.045
0.045
0.045
5225CY
IHH-CY
0.045
-0.010
40
6.530
6.700
6.74
30/09/2016
0.150
0.025
0.045
0.040
5195WA
CENSOF-WA
0.045
0.005
217.5
0.205
0.460
146.34
18/07/2017
0.140
0.040
0.090
0.090
5225CZ
IHH-CZ
0.090
-0.005
40
6.530
6.670
7.66
28/02/2017
0.170
0.050
0.065
0.060
5195WB
CENSOF-WB
0.065
0.005
1092.1
0.205
0.460
156.10
07/10/2019
0.140
0.115
0.120
0.120
3336C1
IJM-C1
0.120
-0.010
15
3.390
3.450
8.85
31/03/2017
0.160
0.140
0.145
0.140
102312
CIMB-C12
0.140
-0.005
474.8
4.360
4.500
16.06
17/03/2017
0.310
0.085
0.115
0.110
0166CK
INARI-CK
0.115
Unch
78
3.150
2.704
3.37
28/10/2016
0.230
0.180
0.210
0.205
102313
CIMB-C13
0.210
-0.005
350
4.360
4.400
15.37
31/01/2017
0.110
0.045
0.050
0.050
0166CQ
INARI-CQ
0.050
Unch
50
3.150
3.500
17.46
28/10/2016
0.125
0.090
0.090
0.090
2852CQ
CMSB-CQ
0.090
Unch
10
3.620
4.200
25.97
22/02/2017
0.195
0.140
0.185
0.185
0166CR
INARI-CR
0.185
0.010
50
3.150
2.800
7.68
30/11/2016
0.155
0.115
0.125
0.120
2852CR
CMSB-CR
0.125
0.005
212.7
3.620
3.600
16.71
30/12/2016
2.320
0.813
1.560
1.530
0166WB
INARI-WB
1.560
Unch
60.5
3.150
1.600
0.32
17/02/2020
0.160
0.040
0.045
0.045
0102WA
CONNECT-WA
0.045
-0.005
118.3
0.090
0.100
61.11
17/09/2021
0.040
0.010
0.020
0.010
0094WA
INIX-WA
0.020
0.005
3458
0.055
0.100
118.18
16/11/2020
0.055
0.035
0.045
0.045
0102WB
CONNECT-WB
0.045
0.005
100
0.090
0.100
61.11
07/06/2021
0.270
0.150
0.170
0.165
3379WB
INSAS-WB
0.170
Unch
50.1
0.640
1.000
82.81
25/02/2020
0.080
0.020
0.055
0.045
0051WA
CUSCAPI-WA
0.045
-0.005
1062
0.145
0.270
117.24
24/04/2018
0.225
0.040
0.050
0.040
1961C9
IOICORP-C9
0.040
-0.005
1220
4.240
4.700
14.15
30/12/2016
0.235
0.125
0.205
0.195
7212WA
DESTINI-WA
0.200
0.005
1802.5
0.620
0.400
-3.23
03/10/2016
0.090
0.020
0.035
0.035
7183WA
IRETEX-WA
0.035
-0.005
410
0.250
0.800
234.00
10/06/2019
0.450
0.255
0.320
0.315
7277WA
DIALOG-WA
0.315
-0.005
64.6
1.530
1.190
-1.63
10/02/2017
0.150
0.030
0.080
0.075
5175WA
IVORY-WA
0.080
-0.005
381
0.420
0.750
97.62
26/04/2017
0.225
0.005
0.020
0.005
6947C9
DIGI-C9
0.020
0.015
410
4.960
5.100
3.83
30/09/2016
0.090
0.030
0.035
0.035
0024WA
JAG-WA
0.035
-0.005
159.4
0.095
0.100
42.11
14/08/2019
0.105
0.030
0.045
0.040
0029WA
DIGISTA-WA
0.040
-0.005
303.6
0.160
0.130
6.25
07/02/2017
0.100
0.050
0.075
0.065
8923WA
JIANKUN-WA
0.075
0.005
320
0.250
0.320
58.00
23/12/2021
0.060
0.045
0.060
0.045
4456WD
DNEX-WD
0.055
0.050 124358.4
0.210
0.500
164.29
30/07/2021
0.935
0.120
0.480
0.455
7167WA
JOHOTIN-WA
0.480
0.015
124.7
2.150
2.280
28.37
21/11/2017
0.110
0.065
0.075
0.075
7114WA
DNONCE-WA
0.075
Unch
120
0.220
0.250
47.73
25/11/2020
0.265
0.055
0.070
0.055
5247CK
KAREX-CK
0.060
-0.005
1045
2.350
2.300
8.09
28/10/2016
0.255
0.120
0.120
0.120
5265WA
DOLPHIN-WA
0.120
Unch
60
0.510
0.800
80.39
29/03/2021
0.165
0.040
0.045
0.040
5247CM
KAREX-CM
0.045
Unch
430
2.350
2.667
19.86
28/10/2016
0.420
0.200
0.210
0.200
7169WA
DOMINAN-WA
0.210
-0.030
112.2
1.120
1.300
34.82
10/09/2020
0.170
0.135
0.150
0.145
5247CQ
KAREX-CQ
0.150
-0.005
350
2.350
2.200
12.77
31/01/2017
0.065
0.015
0.030
0.030
7198WA
DPS-WA
0.030
Unch
100
0.085
0.540
570.59
03/01/2018
1.550
0.350
1.480
1.390
7161WA
KERJAYA-WA
1.390
-0.040
141.3
2.280
0.880
-0.44
20/12/2017
0.105
0.030
0.050
0.050
7198WB
DPS-WB
0.050
0.005
0.085
0.100
76.47
15/01/2025
0.040
0.005
0.010
0.010
8303WA
KFM-WA
0.010
Unch
0.5
0.080
0.510
550.00
19/10/2016
0.110
0.005
0.010
0.010
161916
DRBHCOMC16
0.010
Unch
82.5
1.020
1.400
39.22
30/08/2016
0.025
0.010
0.010
0.010
0036WA
KGROUP-WA
0.010
-0.005
401
0.045
0.100
144.44
02/07/2018
0.215
0.020
0.125
0.105
161919
DRBHCOMC19
0.110
-0.005
33867.8
1.020
1.000
8.82
30/11/2016
0.865
0.260
0.700
0.670
5171WA
KIMLUN-WA
0.700
0.015
177.2
1.800
1.680
32.22
12/03/2024
0.115
0.020
0.045
0.035
161920
DRBHCOMC20
0.040
0.005
24688.8
1.020
1.100
17.65
30/11/2016
0.130
0.060
0.065
0.060
7164WA
KNM-WA
0.065
Unch
191
0.395
0.980
164.56
15/11/2017
0.210
0.030
0.115
0.100
161921
DRBHCOMC21
0.100
-0.005
31019.4
1.020
0.950
7.84
15/12/2016
0.160
0.090
0.120
0.115
7164WB
KNM-WB
0.120
0.005
28.7
0.395
1.000
183.54
21/04/2020
0.140
0.065
0.135
0.120
161922
DRBHCOMC22
0.120
-0.010
536
1.020
1.000
15.69
17/02/2017
0.585
0.130
0.150
0.140
7017WB
KOMARK-WB
0.150
0.005
193.6
0.375
0.300
20.00
21/01/2020
0.155
0.015
0.025
0.025
5216CI
DSONIC-CI
0.025
-0.005
20
1.370
1.380
7.12
30/08/2016
0.100
0.025
0.025
0.025
7153CM
KOSSAN-CM
0.025
-0.005
20
6.700
9.000
39.55
31/01/2017
0.145
0.060
0.075
0.075
5216CN
DSONIC-CN
0.075
Unch
30
1.370
1.450
19.53
23/11/2016
0.770
0.470
0.770
0.740
5878WB
KPJ-WB
0.765
0.015
25.8
4.320
4.010
10.53
23/01/2019
Y
H
0.105
0.045
0.060
0.055
5216CO
DSONIC-CO
0.055
-0.005
1570
1.370
1.550
23.18
28/10/2016
0.900
0.255
0.290
0.285
5038WA
KSL-WA
0.290
-0.005
383
1.110
0.800
-1.80
19/08/2016
0.155
0.130
0.150
0.135
5216CP
DSONIC-CP
0.145
Unch
1511.6
1.370
1.350
21.82
31/01/2017
0.450
0.215
0.375
0.370
5789WB
LBS-WB
0.370
-0.010
60
1.600
1.250
1.25
04/10/2020
0.265
0.110
0.195
0.195
3417WB
E&O-WB
0.195
Unch
33.4
1.630
2.600
71.47
21/07/2019
0.045
0.025
0.030
0.030
5068WA
LUSTER-WA
0.030
-0.005
59.5
0.060
0.100
116.67
03/06/2022
0.090
0.020
0.040
0.040
0154WB
EAH-WB
0.040
Unch
119.8
0.070
0.120
128.57
24/02/2019
0.045
0.025
0.035
0.035
5068WB
LUSTER-WB
0.035
-0.005
515
0.070
0.100
92.86
26/05/2023
0.090
0.025
0.040
0.035
0154WC
EAH-WC
0.035
-0.005
411.2
0.070
0.100
92.86
18/06/2019
0.470
0.210
0.310
0.295
7617WB
MAGNA-WB
0.310
0.010
76.7
1.000
0.900
21.00
04/09/2020
0.200
0.080
0.110
0.110
3557WC
ECOFIRS-WC
0.110
-0.010
265
0.265
0.300
54.72
10/09/2019
0.150
0.045
0.125
0.110
8583C2
MAHSING-C2
0.115
Unch
1295.1
1.590
1.450
-1.57
30/09/2016
0.545
0.340
0.385
0.380
8206WA
ECOWLD-WA
0.385
0.010
199.8
1.310
2.080
88.17
26/03/2022
0.120
0.075
0.115
0.100
8583C3
MAHSING-C3
0.100
-0.005
1826
1.590
1.500
3.77
11/10/2016
0.240
0.120
0.120
0.120
0107WA
EDUSPEC-WA
0.120
Unch
110
0.235
0.180
27.66
24/12/2018
0.200
0.180
0.185
0.180
8583C4
MAHSING-C4
0.180
Unch
166
1.590
1.500
11.32
13/01/2017
1.480
0.250
1.150
1.100
0065WA
EFORCE-WA
1.150
0.020
338.3
1.560
0.680
17.31
17/07/2019
0.255
0.130
0.230
0.220
8583WB
MAHSING-WB
0.225
0.005
528
1.590
1.440
4.72
16/03/2018
0.815
0.390
0.525
0.520
8907WC
EG-WC
0.525
0.005
74.4
0.835
0.500
22.75
03/11/2020
0.200
0.100
0.140
0.135
8583WC
MAHSING-WC
0.140
0.005
35
1.590
2.100
40.88
21/02/2020
0.065
0.020
0.020
0.020
7182WA
EKA-WA
0.020
-0.005
10
0.075
0.200
193.33
22/01/2019
0.185
0.075
0.090
0.080
5264CN
MALAKOF-CN
0.080
Unch
498
1.620
1.600
6.17
30/12/2016
0.840
0.180
0.650
0.640
8877WB
EKOVEST-WB
0.650
-0.030
206.4
1.540
1.350
29.87
25/06/2019
0.085
0.075
0.080
0.080
5264CO
MALAKOF-CO
0.080
0.005
500
1.620
1.700
14.81
31/01/2017
0.330
0.045
0.250
0.230
7149WA
ENGKAH-WA
0.230
-0.050
10.2
2.030
3.500
83.74
25/09/2017
0.280
0.085
0.095
0.085
6181WB
MALTON-WB
0.085
-0.025
500.2
0.615
1.000
76.42
29/06/2018
0.625
0.300
0.365
0.350
5056WA
ENGTEX-WA
0.360
-0.005
345.2
1.200
0.830
-0.83
25/10/2017
0.170
0.035
0.080
0.075
6012CT
MAXIS-CT
0.080
Unch
100
6.090
6.300
7.39
30/12/2016
0.860
0.220
0.270
0.250
7249WA
EWEIN-WA
0.270
0.015
385.2
0.890
0.610
-1.12
09/06/2017
0.330
0.005
0.005
0.005
115518
MAYBANKC18
0.005
Unch
30
7.860
8.350
6.46
15/08/2016
0.230
0.060
0.160
0.160
7047WB
FAJAR-WB
0.160
Unch
75
0.540
0.700
59.26
24/09/2019
0.235
0.030
0.040
0.030
115519
MAYBANKC19
0.030
-0.005
4119.4
7.860
8.600
10.37
30/12/2016
0.245
0.110
0.195
0.195
56011
FB-C11
0.195
-0.010
25
496.6
404.0
0.98
29/09/2016
0.195
0.140
0.150
0.140
115522
MAYBANKC22
0.140
-0.015
707.7
7.860
8.150
11.17
31/01/2017
0.190
0.055
0.080
0.070
65048
FBMKLCI-C48
0.070
-0.010
1483.8
1,648
1,600
0.03
30/08/2016
0.390
0.155
0.365
0.360
5152WA
MBL-WA
0.360
-0.010
20
0.960
0.800
20.83
28/11/2022
0.135
0.035
0.045
0.040
65050
FBMKLCI-C50
0.040
-0.015
270
1,648
1,650
1.79
30/08/2016
0.365
0.035
0.150
0.140
5983WA
MBMR-WA
0.145
-0.010
396.8
2.400
3.200
39.38
14/06/2017
0.245
0.105
0.130
0.130
65052
FBMKLCI-C52
0.130
-0.020
15
1,648
1,570
0.76
30/08/2016
0.230
0.100
0.120
0.120
5040WA
MEDAINC-WA
0.120
0.015
0.510
0.500
21.57
13/08/2021
0.200
0.070
0.090
0.080
65054
FBMKLCI-C54
0.080
-0.015
1408.8
1,648
1,595
0.15
30/09/2016
0.110
0.025
0.035
0.035
5040WB
MEDAINC-WB
0.035
Unch
434.2
0.510
0.600
24.51
22/04/2022
0.155
0.075
0.080
0.080
65060
FBMKLCI-C60
0.080
-0.005
1,648
1,650
3.49
31/10/2016
0.405
0.130
0.260
0.240
1694WB
MENANG-WB
0.255
0.020
1898.3
0.820
1.000
53.05
09/07/2019
0.045
0.030
0.030
0.030
65062
FBMKLCI-C62
0.030
-0.005
473.3
1,648
1,700
4.40
30/11/2016
0.185
0.010
0.145
0.135
0075WA
MEXTER-WA
0.140
-0.005
6608
0.240
0.130
12.50
17/09/2018
0.090
0.070
0.070
0.070
65066
FBMKLCI-C66
0.070
-0.005
40
1,648
1,750
7.86
30/11/2016
0.465
0.305
0.430
0.430
3069WA
MFCB-WA
0.430
-0.005
30
1.850
2.220
43.24
08/04/2020
0.165
0.110
0.140
0.140
65068
FBMKLCI-C68
0.140
-0.010
20
1,648
1,670
4.70
30/11/2016
0.295
0.100
0.275
0.265
3662WB
MFLOUR-WB
0.270
-0.020
342.8
1.460
2.060
59.59
09/05/2017
0.110
0.070
0.075
0.075
65070
FBMKLCI-C70
0.075
-0.005
74
1,648
1,630
2.06
30/12/2016
0.485
0.150
0.160
0.160
5186CY
MHB-CY
0.160
0.005
30
1.000
0.900
6.00
30/11/2016
0.255
0.180
0.225
0.225
65074
FBMKLCI-C74
0.225
-0.005
10
1,648
1,620
3.73
30/12/2016
0.225
0.060
0.060
0.060
5186CZ
MHB-CZ
0.060
-0.005
50
1.000
1.000
12.00
15/12/2016
0.080
0.055
0.060
0.055
65076
FBMKLCI-C76
0.055
-0.015
750
1,648
1,670
3.64
31/01/2017
0.150
0.020
0.030
0.020
3816C5
MISC-C5
0.030
0.005
504.2
7.500
8.600
17.07
30/12/2016
0.155
0.040
0.055
0.050
65059
FBMKLCI-H59
0.055
0.005
1662.3
1,648
1,650
2.43
30/09/2016
0.245
0.165
0.165
0.165
3816C7
MISC-C7
0.165
-0.015
10
7.500
7.800
12.80
30/12/2016
0.215
0.105
0.130
0.120
65061
FBMKLCI-H61
0.130
0.020
239.4
1,648
1,710
9.25
31/10/2016
0.605
0.235
0.540
0.530
9571WD
MITRA-WD
0.540
Unch
416
1.370
1.090
18.98
23/08/2020
0.210
0.110
0.135
0.130
65067
FBMKLCI-H67
0.130
0.010
300
1,648
1,700
8.65
30/11/2016
1.260
0.500
1.000
1.000
6114WB
MKH-WB
1.000
Unch
16.5
2.680
1.890
7.84
29/12/2017
0.140
0.060
0.075
0.075
65075
FBMKLCI-H75
0.075
0.005
120
1,648
1,630
2.06
30/12/2016
0.100
0.020
0.060
0.050
0085WA
MLAB-WA
0.055
Unch
2741.2
0.100
0.100
55.00
24/04/2020
0.220
0.160
0.170
0.170
65077
FBMKLCI-H77
0.170
0.010
16
1,648
1,600
1.19
30/12/2016
0.240
0.025
0.105
0.070
2194C1
MMCCORP-C1
0.085
0.010
16370.3
2.140
2.100
6.07
30/09/2016
0.355
0.245
0.270
0.260
65079
FBMKLCI-H79
0.270
0.015
90
1,648
1,680
8.47
30/12/2016
0.145
0.110
0.125
0.115
2194C2
MMCCORP-C2
0.115
-0.005
530
2.140
2.100
14.25
13/01/2017
0.130
0.120
0.120
0.120
65081
FBMKLCI-H81
0.120
Unch
20
1,648
1,670
6.40
31/01/2017
0.080
0.035
0.065
0.065
1651C7
MRCB-C7
0.065
Unch
1425
1.160
1.220
16.38
31/03/2017
0.335
0.325
0.335
0.335
65087
FBMKLCI-H87
0.335
0.005
10
1,648
1,710
11.86
31/01/2017
0.240
0.075
0.120
0.120
1651WA
MRCB-WA
0.120
Unch
1077.5
1.160
2.300
108.62
14/09/2018
0.675
0.060
0.310
0.305
8605WB
FFHB-WB
0.310
Unch
60
0.825
0.500
-1.82
30/03/2017
0.360
0.090
0.170
0.155
0138CT
MYEG-CT
0.155
-0.015
595
2.020
1.775
3.22
30/09/2016
0.160
0.030
0.160
0.105
522210
FGV-C10
0.135
0.025
21784.2
1.970
1.550
4.72
30/09/2016
0.235
0.050
0.065
0.065
0138CV
MYEG-CV
0.065
-0.005
2.020
2.250
19.43
28/10/2016
0.350
0.060
0.350
0.235
522211
FGV-C11
0.300
0.060
10385.7
1.970
1.700
16.75
30/11/2016
0.100
0.020
0.040
0.035
0138CW
MYEG-CW
0.035
-0.005
490
2.020
2.350
24.13
23/11/2016
0.365
0.170
0.365
0.330
522212
FGV-C12
0.365
0.030
235.1
1.970
1.350
5.58
14/03/2017
0.145
0.040
0.085
0.080
0138CX
MYEG-CX
0.080
-0.005
1921.3
2.020
1.900
9.11
31/10/2016
0.390
0.145
0.390
0.345
522213
FGV-C13
0.385
0.030
260
1.970
1.500
5.46
28/04/2017
0.115
0.060
0.105
0.105
0138CY
MYEG-CY
0.105
0.015
10
2.020
2.150
20.47
30/12/2016
0.270
0.165
0.270
0.250
522214
FGV-C14
0.265
0.020
1006.8
1.970
1.600
8.12
17/03/2017
0.130
0.060
0.120
0.120
0138CZ
MYEG-CZ
0.120
0.005
75
2.020
2.000
19.80
14/03/2017
0.215
0.170
0.215
0.185
522215
FGV-C15
0.210
0.015
32701.7
1.970
1.900
19.90
28/02/2017
0.045
0.020
0.025
0.020
0096WA
NEXGRAM-WA
0.025
Unch
510.1
0.055
0.100
127.27
16/05/2022
0.195
0.090
0.105
0.100
9318WB
FITTERS-WB
0.100
Unch
68
0.430
1.000
155.81
12/10/2019
0.030
0.010
0.015
0.010
0096WB
NEXGRAM-WB
0.010
-0.005
100.1
0.055
0.260
390.91
21/07/2023
0.025
0.005
0.010
0.010
0109WA
FLONIC-WA
0.010
Unch
356.6
0.045
0.050
33.33
16/06/2017
0.050
0.020
0.025
0.020
0096WC
NEXGRAM-WC
0.020
-0.005
336.1
0.055
0.100
118.18
15/01/2024
0.025
0.010
0.020
0.020
0109WB
FLONIC-WB
0.020
Unch
200
0.045
0.050
55.56
06/11/2019
0.080
0.020
0.025
0.025
7139WA
NICE-WA
0.025
-0.005
200
0.090
0.160
105.56
09/08/2017
0.600
EXPIRY
DATE
YEAR
LOW
CLOSE
(RM)
0.410
PRM
(%)
YEAR
HIGH
shr
inv
bo
com
0.1
Sh
or
eco
Ap
gro
Jul
pro
firs
cap
rul
flow
suc
Ho
the
an
and
Bu
Ma
0
0
0
0
3
1
0
0
0
0
0
0
0
0
0
0
0
Markets 2 9
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S
RY
ATE
016
China Shanghai Index edges up,

helped by property sector strength
021
018
016
016
017
017
016
018
016
019
019
020
021
016
017
020
017
021
018
018
016
016
016
016
016
017
016
016
016
016
016
016
016
016
016
016
016
016
016
016
017
016
SHANGHAI: China stocks edged up

yesterday, aided by a second day of
gains for property shares and growing
expectations of state-owned enterprise
(SOE) reforms.
But the trading volume in Shanghai
shrank to a two-month low amid signs that
investors are turning their focus to gold and
bonds.
The CSI 300 Index of the largest listed
companies in Shanghai and Shenzhenrose
0.14% or 4.45 points to 3,193.51, while the
Shanghai Composite Index gained 0.24%
or 7.18 points to 2,978.46.
Lingering concerns over Chinas
economy continued to haunt investors.
A private survey showed yesterday that
growth in the services sector cooled in
July, with weaker expansions in activity
prompting companies to shed staff for the
first time in four months.
Although regulators are hoping to guide
capital into the real economy with tighter
rules, analysts say liquidity is actually
flowing into perceived safe haven assets
such as bonds and gold.
The economy is in such a bad shape.
How can you expect wise money to invest in
the real economy? said Chang Chengwei,
analyst at brokerage Hengtai Futures.
Bond yields have been trending lower
and Huaan Gold ETF, Chinas biggest gold
exchange-traded fund, jumped 35% in size

over the past month.
Sentiment yesterday was underpinned
by further strength in property shares, which
rose 1.1% after reports earlier this week
showed home prices still rising rapidly in
most ofChinas larger cities.
Investors also bet on SOE reforms,
pushing up the Shanghai SOEs Index over
1% to a record high.
Meanwhile, the Hong Kong stocks fell
more than 1% to a two-week low yesterday,
tracking losses in global equity markets amid
lingering economic worries and concerns
over the health of European banks.
Hong Kong markets were closed on
Tuesday due to Typhoon Nida.The Hang
Seng Index fell 1.76% or 390.02 points to
21,739.12, while the China Enterprises
Index lost 1.65% or 150.87 points to
8,978.33.
Hong Kongs Purchasing Managers Index
contracted for 17th month in July, signalling
continuing weakness in overall operating
conditions in the citys private sector.
Most sectors fell, with energy shares
among the worst performers on renewed
weakness in oil prices. HSBC fell 1.7% in
the morning session, but reversed losses
to end at a three-month high.
Europes biggest bank reported core
first-half profit fell 29%, below estimates,
as revenue was hit by slowing economic
growth in its key markets of Britain and
Hong Kong.
US Wall Street falls as weak auto

sales spur growth jitters
NEW YORK: Wall Street stocks fell on
Tuesday, with each of the major indices
notching their worst day in about a month as
economic data and weaker-than-expected
auto sales spurred concerns about growth.
Shares of Ford and General Motors
dropped more than 4% each after the two
major US automakers reported July vehicle
sales slightly below expectations.
The automakers declines pulled the
S&P consumer discretionary sector down
1.5% as the worst-performing of the 10
major S&P 500 groups.
Data showed US consumer spending rose
more than expected in June as households
bought a range of goods and services.
However, personal income rose only
0.2%, missing estimates of 0.3%, while
inflation remained below the US Federal
Reserves 2% target. That could keep the
central bank on a cautious path to hiking
interest rates.
People are starting to see that things
arent quite as rosy as they might have
thought in the month of July with that big
run up, said Peter Jankovskis, co-chief
investment officer at OakBrook Investments
LLC in Lisle, Illinois. The S&P 500 climbed
3.6% in July, its best month since March.
Pfizer was the biggest percentage
decliner on the Dow Jones Industrial
Average, after the largest US drug maker
reported better-than-expected quarterly

results but revenue from its branded patentprotected medicines was disappointing.
The Dow fell 90.74 points or 0.49% to
18,313.77; the S&P 500 lost 13.81 points
or 0.64% to 2,157.03 and the Nasdaq
Composite dropped 46.46 points or 0.9%
to 5,137.73.
CVS jumped more than 5% to US$98.57
after the drugstore chain operators
quarterly profit beat estimates.
Of the 353 companies in the S&P 500
that have reported earnings on Tuesday,
71% have topped analyst expectations,
according to Thomson Reuters data.
Earnings for the second quarter are
expected to show a decline of 2.6%, an
improvement from the expected 4.5%
decline on July 1.
Equities pared early losses after a
report in The Wall Street Journal that
biotechnology giant Biogen Inc has drawn
takeover interest from drug companies,
including Merck & Co Inc and Allergan plc.
Biogen shares surged 9.4% to US$330.11
and the Nasdaq Biotechnology Index
climbed 0.2% after falling as much as 1.8%.
Declining issues outnumbered
advancing ones on the New York Stock
Exchange by a 3.35-to-1 ratio; on Nasdaq,
a 2.97-to-1 ratio favoured decliners.
The S&P 500 posted 14 new 52-week
highs and new low; the Nasdaq Composite
recorded 54 new highs and 38 new lows
Reuters
021
019
016
017
017
016
Shanghai Composite
5800
Index points
Index points
Index points
28900
18580
3900
4825
25625 21,056.93
16310
3415
3850
22350
14040
2930
+7.18
(+0.24%)
016
016
Euro STOXX 50 Index
Dow Jones
Hang Seng
Index points
2,978.46
020
3,087.842
016
019
017
2875
19075
017
016
1900
Mar 1, 2010
15800
-390.02
(-1.76%)
Mar 1, 2010
Aug 3, 2016
Aug 3, 2016
10,403.79
18,313.77
-90.74
(-0.49%)
11770
21,739.12
019
021
-60.33
(-2.03%)
2,772.70
020
020
2,906.98
2445
1960
9500
Mar 1, 2010
Mar 1, 2010
Aug 2, 2016
Aug 2, 2016
016
017
017
016
018
024
017
020
020
017
Bursa Malaysia Equity Derivatives
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
WARRANTS
Main Market & Ace Market Warrants
0.085
0.045
0.055
0.055
5263CD
SUNCON-CD
0.055
0.005
60
1.680
1.800
15.33
28/10/2016
0.270
0.005
0.010
0.005
710610
SUPERMX-C10
0.010
0.005
120
2.090
3.170
53.59
31/10/2016
0.100
0.080
0.080
0.080
710617
SUPERMX-C17
0.080
-0.005
50
2.090
2.500
31.10
14/03/2017
0.115
0.090
0.100
0.100
710618
SUPERMX-C18
0.100
-0.005
60
2.090
2.200
17.22
28/04/2017
YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE
019
016
0.125
0.030
0.045
0.045
0083WB
020
0.265
0.150
0.255
0.245
022
0.205
0.025
0.040
023
0.110
0.090
0.100
020
0.470
0.255
016
0.095
016
017
018
020
016
017
018
016
016
016
WARRANTS
VOL PARENT
EXE
(000)
PRICE PRICE
VOL PARENT
EXE
(000)
PRICE PRICE
PRM
(%)
EXPIRY
DATE
+/(RM)
NOTION-WB
0.045
-0.005
20.4
0.400
1.000
161.25
02/05/2017
0.135
0.115
0.125
0.125
710619
SUPERMX-C19
0.125
Unch
160
2.090
2.200
20.22
31/01/2017
0172WA
OCK-WA
0.255
0.005
1690.7
0.825
0.710
16.97
15/12/2020
0.345
0.140
0.185
0.180
7082WB
SYF-WB
0.180
-0.005
315.2
0.555
0.700
58.56
11/11/2019
0.030
7071WB
OCR-WB
0.035
0.005
853.9
0.400
0.350
-3.75
02/09/2016
0.275
0.155
0.160
0.155
1538WB
SYMLIFE-WB
0.160
Unch
130.3
0.690
1.100
82.61
11/11/2020
0.090
7071WC
OCR-WC
0.095
0.005
1065.3
0.400
0.500
48.75
24/07/2021
0.560
0.170
0.190
0.190
8524WB
TALIWRK-WB
0.190
0.005
30
1.420
1.700
33.10
11/11/2018
0.270
0.270
5053WC
OSK-WC
0.270
Unch
141.7
1.580
1.800
31.01
22/07/2020
0.100
0.045
0.085
0.080
0132WA
TDEX-WA
0.085
0.005
642
0.155
0.110
25.81
21/09/2018
0.010
0.045
0.040
0005WA
PALETTE-WA
0.045
Unch
771.2
0.070
0.040
21.43
20/03/2018
0.155
0.005
0.105
0.100
534726
TENAGA-C26
0.105
-0.005
31.2
14.360 12.880
0.66
30/08/2016
0.200
0.075
0.180
0.170
1295C6
PBBANK-C6
0.175
-0.025
713
-0.91
30/09/2016
0.200
0.100
0.110
0.100
534727
TENAGA-C27
0.110
-0.005
80.1
14.360 13.700
2.68
30/08/2016
0.310
0.130
0.295
0.270
9997WB
PENSONI-WB
0.290
0.020
1052.6
0.695
0.600
28.06
20/01/2024
0.125
0.055
0.110
0.105
534728
TENAGA-C28
0.105
-0.005
80
14.360 14.400
5.40
28/02/2017
0.300
0.120
0.140
0.140
8311WC
PESONA-WC
0.140
0.005
125
0.375
0.250
4.00
27/01/2020
0.105
0.100
0.100
0.100
534731
TENAGA-C31
0.100
-0.005
100
14.360 15.000
11.42
14/03/2017
0.205
0.145
0.165
0.165
6033CN
PETGAS-CN
0.165
Unch
4.99
31/03/2017
0.810
0.360
0.385
0.385
7252WA
TEOSENG-WA
0.385
-0.005
1.200
1.350
44.58
29/01/2020
0.120
0.010
0.010
0.010
3042CA
PETRONM-CA
0.010
Unch
150
3.560
6.000
71.91
15/12/2016
2.990
0.600
2.790
2.770
7034WA
TGUAN-WA
2.790
0.020
30.3
4.100
1.500
4.63
09/10/2019
0.415
0.105
0.385
0.375
8869CO
PMETAL-CO
0.385
-0.005
510
4.170
2.700
1.68
15/12/2016
0.180
0.055
0.095
0.085
7889WB
THRIVEN-WB
0.090
0.010
186.8
0.235
0.640
210.64
05/10/2020
3.140
0.705
3.090
3.050
8869WC
PMETAL-WC
3.070
Unch
113.1
4.170
1.100
0.00
22/08/2019
0.025
0.005
0.010
0.010
7079WB
TIGER-WB
0.010
Unch
2558.7
0.050
0.170
260.00
23/12/2018
1.110
0.615
0.660
0.625
7088WB
POHUAT-WB
0.655
0.030
830.8
1.570
1.000
5.41
21/10/2020
0.030
0.015
0.020
0.020
7079WC
TIGER-WC
0.020
Unch
450
0.050
0.080
100.00
11/02/2021
0.280
0.020
0.165
0.100
4634CV
POS-CV
0.130
0.020
64118.5
2.900
2.770
4.48
31/10/2016
0.285
0.105
0.255
0.245
0101WB
TMCLIFE-WB
0.250
-0.005
1490.9
0.875
0.750
14.29
21/06/2019
26/12/2018
22.079 21.200
EXPIRY
DATE
+/(RM)
CLOSE
(RM)
19.579 18.000
PRM
(%)
CLOSE
(RM)
0.130
0.040
0.075
0.065
4634CW
POS-CW
0.070
0.005
5242.8
2.900
3.000
11.90
11/10/2016
0.765
0.300
0.715
0.680
8397WC
TNLOGIS-WC
0.700
0.020
2332.8
1.680
1.000
1.19
0.205
0.145
0.175
0.175
4634CY
POS-CY
0.175
0.010
10
2.900
2.800
14.66
13/01/2017
0.460
0.305
0.435
0.430
7285WA
TOMYPAK-WA
0.430
Unch
8.4
1.740
2.290
56.32
21/06/2021
0.150
0.125
0.150
0.135
4634CZ
POS-CZ
0.140
0.010
825.6
2.900
3.000
25.17
31/01/2017
0.160
0.035
0.050
0.040
7113C6
TOPGLOV-C6
0.050
0.015
1939.7
4.370
5.150
23.57
28/02/2017
0.435
0.160
0.400
0.400
7168WA
PRG-WA
0.400
Unch
20
1.110
0.750
3.60
06/07/2019
0.225
0.080
0.090
0.090
7113C7
TOPGLOV-C7
0.090
0.005
100
4.370
4.950
21.51
30/11/2016
0.540
0.405
0.455
0.450
8966WA
PRLEXUS-WA
0.450
-0.010
27.2
1.440
1.200
14.58
14/06/2021
0.470
0.075
0.080
0.075
7113CW
TOPGLOV-CW
0.080
0.005
284.5
4.370
4.040
6.18
28/10/2016
0.110
0.055
0.060
0.060
7145WA
PSIPTEK-WA
0.060
Unch
20
0.130
0.100
23.08
16/11/2019
0.170
0.025
0.095
0.085
5054WA
TRC-WA
0.085
Unch
1350.1
0.445
0.500
31.46
20/01/2017
0.295
0.235
0.280
0.270
7134WA
PWF-WA
0.275
-0.005
331.4
0.710
0.620
26.06
20/07/2021
0.060
0.005
0.030
0.030
0118WA
TRIVE-WA
0.030
Unch
207
0.085
0.100
52.94
06/01/2017
0.070
0.020
0.025
0.020
5256WA
REACH-WA
0.020
-0.005
814.6
0.685
0.750
12.41
12/08/2022
0.390
0.195
0.310
0.280
5401WA
TROP-WA
0.310
0.020
107.6
1.050
1.000
24.76
06/12/2019
0.150
0.010
0.025
0.010
7232WA
RESINTC-WA
0.015
-0.010
582.1
0.420
0.500
22.62
29/09/2016
0.115
0.055
0.060
0.060
514827
UEMS-C27
0.060
Unch
30
1.050
0.980
7.05
30/09/2016
0.095
0.075
0.075
0.075
1066CV
RHBBANK-CV
0.075
-0.020
30
4.800
5.400
18.75
10/04/2017
0.085
0.030
0.040
0.035
514828
UEMS-C28
0.035
-0.005
10362.1
1.050
1.050
10.00
28/11/2016
016
0.115
0.065
0.070
0.065
5270WA
RSENA-WA
0.065
-0.005
6318.9
0.410
0.500
37.80
01/12/2023
0.100
0.015
0.015
0.015
4588CV
UMW-CV
0.015
-0.005
5.750
7.000
24.35
15/12/2016
016
0.138
0.019
0.025
0.025
0133WC
SANICHI-WC
0.025
Unch
789
0.085
0.210
176.47
24/09/2019
0.120
0.005
0.005
0.005
5243C3
UMWOG-C3
0.005
-0.005
33.5
0.900
1.070
19.72
31/10/2016
016
0.035
0.025
0.035
0.025
0133WD
SANICHI-WD
0.030
0.005
48786.3
0.085
1.000
1,112
21/07/2019
0.250
0.090
0.100
0.090
7091WA
UNIMECH-WA
0.100
0.010
243.4
1.140
1.500
40.35
18/09/2018
020
0.150
0.060
0.120
0.105
5157WA
SAUDEE-WA
0.110
-0.005
9125.8
0.340
0.500
79.41
31/03/2021
0.240
0.011
0.180
0.170
0069WB
VIVOCOM-WB
0.180
Unch
16695.1
0.275
0.240
52.73
07/09/2018
017
0.530
0.090
0.260
0.255
7073WA
SEACERA-WA
0.255
Unch
40.1
0.875
1.000
43.43
16/05/2017
0.285
0.022
0.200
0.195
0069WC
VIVOCOM-WC
0.195
-0.005
3370.7
0.275
0.100
7.27
22/01/2020
020
0.465
0.270
0.295
0.290
7246WA
SIGN-WA
0.295
0.005
93.8
1.000
0.970
26.50
21/04/2021
0.175
0.020
0.040
0.040
6963CA
VS-CA
0.040
Unch
439
1.370
1.380
9.49
28/10/2016
016
0.200
0.025
0.035
0.030
4197C3
SIME-C3
0.030
-0.005
1209
7.510
7.900
6.79
30/09/2016
0.150
0.105
0.140
0.140
6963CH
VS-CH
0.140
Unch
60.8
1.370
1.200
13.14
31/01/2017
017
0.050
0.005
0.005
0.005
0060WA
SKH-WA
0.005
Unch
100
0.065
0.100
61.54
16/01/2017
0.080
0.015
0.050
0.045
0066WA
VSOLAR-WA
0.045
-0.005
550
0.095
0.120
73.68
01/12/2017
017
0.275
0.010
0.015
0.010
521817
SKPETROC17
0.010
-0.005
742.7
1.400
1.700
23.21
30/09/2016
0.515
0.195
0.315
0.300
6963WA
VS-WA
0.310
0.005
5052
1.370
1.650
43.07
06/01/2019
018
0.095
0.010
0.010
0.010
521823
SKPETROC23
0.010
-0.010
50
1.400
2.180
58.57
28/11/2016
0.290
0.100
0.175
0.175
9679WD
WCT-WD
0.175
-0.005
40.9
1.530
1.710
23.20
11/12/2017
016
0.115
0.065
0.100
0.100
5218HD
SKPETRO-HD
0.100
0.005
20
1.400
1.600
42.86
26/01/2017
0.280
0.130
0.180
0.175
9679WE
WCT-WE
0.180
Unch
391
1.530
2.080
47.71
27/08/2020
016
1.030
0.545
0.590
0.580
7155WA
SKPRES-WA
0.590
0.010
310.1
1.230
0.650
0.81
27/06/2017
0.095
0.045
0.085
0.075
5246CN
WPRTS-CN
0.085
0.005
244.9
4.500
4.250
0.11
30/09/2016
016
0.255
0.050
0.050
0.050
0117WA
SMRT-WA
0.050
Unch
300
0.160
0.180
43.75
01/08/2017
0.870
0.497
0.575
0.565
7245WA
WZSATU-WA
0.575
-0.015
26
1.100
0.500
-2.27
28/10/2024
016
0.155
0.100
0.135
0.130
0093WA
SOLUTN-WA
0.130
Unch
454.7
0.240
0.200
37.50
04/07/2021
0.045
0.010
0.015
0.015
5156WC
XDL-WC
0.015
Unch
330.8
0.035
0.040
57.14
02/07/2018
016
1.550
0.620
1.180
1.180
7103WA
SPRITZER-WA
1.180
-0.080
2.440
1.180
-3.28
13/12/2016
0.075
0.015
0.015
0.015
5155WA
XINQUAN-WA
0.015
Unch
284.5
0.130
1.000
680.77
24/06/2019
017
0.230
0.065
0.105
0.105
7143WA
STONE-WA
0.105
-0.020
15
0.310
0.300
30.65
21/06/2020
0.085
0.040
0.060
0.055
0165WA
XOX-WA
0.055
-0.005
854
0.145
0.200
75.86
10/02/2019
022
0.110
0.055
0.055
0.055
1201WA
SUMATEC-WA
0.055
Unch
250
0.095
0.320
294.74
03/03/2021
0.110
0.025
0.100
0.070
7020WB
YKGI-WB
0.090
0.025
32851.9
0.265
0.500
122.64
28/05/2020
023
0.105
0.040
0.045
0.040
1201WB
SUMATEC-WB
0.040
-0.005
2658
0.095
0.175
126.32
13/11/2018
0.450
0.300
0.325
0.320
6742WB
YTLPOWR-WB
0.325
0.005
41
1.400
1.140
4.64
11/06/2018
024
0.170
0.075
0.115
0.115
5263CB
SUNCON-CB
0.115
Unch
15
1.680
1.450
3.42
07/10/2016
0.205
0.075
0.095
0.090
2283WA
ZELAN-WA
0.095
0.005
234
0.170
0.250
102.94
25/01/2019
017
0.235
0.105
0.180
0.175
5263CC
SUNCON-CC
0.175
Unch
40
1.680
1.450
1.93
28/10/2016
017
022
017
021
022
019
018
020
017
016
Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
30 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX
Trading themes
Insider moves (Filings on Aug 2, 2016)

Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the companys outlook.
COMPANY
7-ELEVEN MALAYSIA
AEON CO. (M)
AIRASIA
BERJAYA AUTO
BIMB
BONIA CORPORATION
CAPITALAND (M) MALL TRUST
COMPUGATES
DESTINI
SHARES ACQUIRED
(DISPOSED)
DIALOG GROUP
DIGI.COM
ECO WORLD DEVELOPMENT GROUP
FELDA GLOBAL VENTURES
GAMUDA
GAMUDA
IGB REAL ESTATE INVEST TRUST
IGB REAL ESTATE INVEST TRUST
1,714,100
(457,400)
(468,000)
306,000
263,100
875,700
300,000
(500,000)
IHH HEALTHCARE
IJM CORPORATION
IJM CORPORATION
IJM PLANTATIONS BHD
IOI CORPORATION
IOI PROPERTIES GROUP
KUALA LUMPUR KEPONG
LAFARGE MALAYSIA
LBS BINA GROUP
3,230,800
1,025,000
222,700
200,000
1,200,000
(865,300)
218,500
273,800
4,717,500
LINGKARAN TRANS KOTA
4,646,300
MAH SING GROUP

MALAKOFF CORPORATION
MALAYAN BANKING
MALAYSIA AIRPORTS
MAXIS
MEDA INC.
MY E.G. SERVICES
(3,000,000)
(4,000,000)
1,500,000
222,100
641,200
(5,000,000)
(1,000,000)
PETRONAS CHEMICALS GROUP
(1,328,000)
PETRONAS GAS
PUBLIC BANK
PUNCAK NIAGA
REACH ENERGY
STAR MEDIA GROUP
TELEKOM MALAYSIA
TELEKOM MALAYSIA
DIRECTOR/SUBSTANTIAL
SHAREHOLDER
73,965,500 FRANKLIN RESOURCES, INC. USA

726,300 MITSUBISHI UFJ FINANCIAL GROUP,
INC. JAPAN
(513,700) EMPLOYEES PROVIDENT FUND BOARD
417,200 KUMPULAN WANG PERSARAAN
(DIPERBADANKAN)
(1,742,600) AMANAHRAYA TRUSTEES
- SKIM AMANAH SAHAM BUMIPUTERA
300,000 CHIANG SANG SEM
(259,600) EMPLOYEES PROVIDENT FUND BOARD
2,440,000 GOH KHENG PEOW
1,015,800 LIM NYUK SANG @ FREDDY LIM
1,773,400
2,942,800
400,000
800,000
300,000
3,100,000
846,349
TENAGA NASIONAL
(7,314,700)
TENAGA NASIONAL
UNISEM (M)
YINSON
YTL CORPORATION
7,431,500
234,200
(545,000)
(1,000,000)
EMPLOYEES PROVIDENT FUND BOARD

LEMBAGA TABUNG HAJI
LEMBAGA TABUNG HAJI
KUMPULAN WANG PERSARAAN
(DIPERBADANKAN)
LEMBAGA TABUNG HAJI
(DIPERBADANKAN)
AMANAHRAYA TRUSTEES
LEMBAGA TABUNG HAJI
ONE SIERRA
(DIPERBADANKAN)
LEMBAGA TABUNG HAJI
LEMBAGA TABUNG HAJI
(DIPERBADANKAN)
AMANAHRAYA TRUSTEES
SHARES HELD
AFTER CHANGE
TRANSACTION
DATE
73,965,500
258,846,864
29/7
27/7
140,674,049
71,441,120
28/7
26/7
85,090,300
28/7
364,221,504
241,769,100
421,841,910
79,921,000
651,878,604
912,872,840
202,093,600
284,333,900
131,354,800
275,824,005
256,644,113
198,357,800
2/8
28/7
2/8
27 - 28/7
& 1/8
28/7
28/7
28/7
28/7
28 & 29/7
28/7
28/7
25/7
666,435,100
489,868,778
188,030,740
102,889,662
407,952,173
256,827,086
124,576,188
84,262,375
48,615,300
28/7
28/7
28/7
28/7
28/7
28/7
28/7
28/7
25 & 27/7
40,000,000
27 & 28/7
128,839,500
735,357,733
1,548,256,907
201,978,693
626,495,834
38,129,700
153,255,100
29/7
27/7
25/7
28/7
28/7
27 & 28/7
26/7
US change in crude oil inventories
750,299,150
22, 24
27 - 30/6 & 1/7
213,761,600
28/7
492,135,866
26 & 28/7
41,318,400
28/7
101,725,000
28 & 29/7
42,962,200
28/7
503,923,130
28/7
200,997,087
25 & 26/7
433,657,200
27 & 28/7
870,709,682
37,761,400
113,416,400
696,585,247
27 & 28/7
28/7
28/7
28/7
While every eort is made to ensure accuracy, the information presented is not an exhaustive list and is not an ocial record of shareholder
lings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the ocial lings led with
Bursa Malaysia.
Note: * denotes Ace Market
Stocks closest to year low
Stocks closest to year high
Local events to watch out for today

YNH Property Bhds extraordinary
general meeting at Hotel Sfera, Jalan
Dato Yu Neh Huat, Taman Samudera,
Sri Manjung, Perak at 11.45am.
Ricohs launch of its new production
printers, Ricoh PRO C7100 & RICOH MP
CW2201SP and thye introduction new
neon colour toner at Putra World Trade
Centre Kuala Lumpur, Hall 2, Jalan Tun
Ismail, Kuala Lumpur at 12pm.
China steel production

In 2015, Chinas top 10 steel makers contributed more than 30% to the nations total steel
production.
STOCK
Signing ceremony between Kaching

Network Sdn Bhd and I Synergy Holdings
Bhd for a partnership in BearInBag &
MyKadSmartShopper at Connexion
@ Nexus, Prism Room, Level 3A, Jalan
Kerinchi, Bangsar South City from 2pm
to 3.30pm.
OCK Group Bhd signing ceremony and
press conference at Sunway Resort Hotel &
Spa, Level 10, Kay West, Persiaran Lagoon,
Bandar Sunway, Petaling Jaya at 2.45pm.
GKENT
YEN
AMEDIA
AEM
OCR-PA
AAX-CW
KPJ-WB
SLV-C8
DANCO
DLADY
DIN040000223
CSCSTEL
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
2.320
0.930
0.165
0.180
0.060
0.105
0.770
0.390
0.925
65.980
99.900
1.390
2.210
0.885
0.155
0.150
0.050
0.105
0.740
0.390
0.895
63.920
99.800
1.360
2.280
0.925
0.160
0.165
0.060
0.105
0.765
0.390
0.920
63.920
99.900
1.370
3199
2620.8
5890.7
36558.7
26383.7
37.5
25.8
60
4612.7
13.3
0.44
1969.2
This table shows stocks that are trading near their year high. This
could suggest a build-up in buying momentum, or the possibility that
prot-taking activities could set in later.
STOCK
HARTA-CQ
FBMKLCI-C66
SCOMIEN
MAYBANKC22
GTRONIC
KAREX-CM
HSI-C58
RESINTC-WA
EVERGRN
GENTINGC29
KAREX-CK
ASDION-WB
HIGH
(RM)
LOW
(RM)
CLOSE
(RM)
VOLUME
('000)
0.025
0.070
0.200
0.150
2.810
0.045
1.300
0.025
0.930
0.065
0.070
0.095
0.025
0.070
0.190
0.140
2.750
0.040
1.280
0.010
0.905
0.060
0.055
0.060
0.025
0.070
0.190
0.140
2.750
0.045
1.300
0.015
0.915
0.060
0.060
0.095
20
40
189.7
707.7
1062
430
15
582.1
2670.7
313.4
1045
33.5
This table shows stocks that are trading near their year low. This
could suggest a build-up in selling momentum, or the possibility that
bargain hunting could set in later.
Foreign exchange rates

NZ
NZ $
EURO
EURO
0.641
1.560
US
SWISS
BRIT CANADA BRUNEI SPORE
AUST
MSIA
CHINA
BANGLH
DENMK
UAE
0.963
0.963
0.946
2.9187
4.760
56.263
4.769
2.637
9,421
48.097
72.655
6.059
33.782
2.615
2.693
6.098
25.094
5.570
1.470
1.503
1.503
1.476
4.5528
7.426
87.763
7.439
4.113
14,696
75.026
113.333
9.452
52.696
4.078
4.200
9.513
39.144
8.689
7.758
STERLING
1.860
1.192
1.336
1.293
CANADA $
1.061
0.680
0.762
0.738
0.571
BRUNEI $
1.038
0.665
0.745
0.722
0.558
0.978
SINGAPORE $
1.038
0.665
0.745
0.722
0.558
0.978
1.000
AUSTRALIA $
1.057
0.677
0.759
0.735
0.568
0.996
1.018
1.018
MALAYSIA RM
0.343
0.220
0.246
0.238
0.184
0.323
0.330
0.330
0.324
21.007
13.467
15.083
14.605
11.293
19.795
20.237
20.237
19.883
61.3120
1.777
1.139
1.276
1.236
0.955
1.675
1.712
1.712
1.682
5.1876
8.461
100 DANISH KRONER
20.968
13.442
15.055
14.578
11.272
19.758
20.200
20.200
19.846
61.1990
99.82
100 UAE DIRHAM
37.923
24.311
27.229
26.365
20.387
35.735
36.533
36.533
35.893 110.6845
180.53
2,134
180.86
1000 INA RUPIAH
0.106
0.068
0.076
0.074
0.057
0.100
0.102
0.102
0.100
0.3098
0.505
5.972
0.506
0.280
100 INDIA RUPEE
2.079
1.333
1.493
1.445
1.118
1.959
2.003
2.003
1.968
6.0683
9.897
116.977
9.916
5.483
0.968
0.749
1.312
1.342
1.342
1.318
4.0650
6.630
78.360
6.642
3.673
13,121
66.987
101.190
8.439
47.050
3.642
3.750
8.494
34.950
0.773
1.355
1.386
1.386
1.361
4.1981
6.847
80.926
6.860
3.793
13,551
69.181
104.503
8.715
48.591
3.761
3.873
8.772
36.094
8.012
1.753
1.792
1.792
1.761
5.4292
8.855
104.658
8.871
4.905
17,525
89.468
135.149
11.271
62.840
4.864
5.009
11.344
46.679
10.362
1.022
1.022
1.004
3.0974
5.052
59.708
5.061
2.798
9,998
51.042
77.103
6.430
35.851
2.775
2.857
6.472
26.631
5.911
1.000
0.982
3.0297
4.941
58.403
4.951
2.737
9,780
49.927
75.418
6.290
35.067
2.714
2.795
6.330
26.049
5.782
0.982
3.0297
4.941
58.403
4.951
2.737
9,780
49.927
75.418
6.290
35.067
2.714
2.795
6.330
26.049
5.782
3.0837
5.030
59.444
5.039
2.786
9,954
50.817
76.762
6.402
35.692
2.762
2.845
6.443
26.513
5.885
1.0000
1.631
19.277
1.634
0.903
3,228
16.479
24.893
2.076
11.574
0.896
0.923
2.089
8.598
1.909
1,182
100.185
55.393
1,526
127.283
709.654
54.924
56.562
128.107
527.148
117.014
8.477
4.687
16,745
85.487
129.134
10.769
60.044
4.647
4.786
10.839
44.602
9.901
55.291
197,544
1,008.50
1,523
127.05
708.35
54.82
56.46
127.87
526.18
116.80
1,824
2,755
229.78
1,281
99.15
102.11
231.27
951.64
211.24
5.105
7.712
0.643
3.586
0.278
0.286
0.647
2.664
0.591
151.058
12.598
70.237
5.436
5.598
12.679
52.174
11.581
1,180
197,908 1,010.365
357,277
19,588
1.376
0.882
0.988
0.957
0.740
1.297
1.326
1.326
1.303
4.0172
6.552
77.439
6.564
3.629
12,967
66.200
16.504
10.580
11.850
11.474
8.872
15.552
15.899
15.899
15.621
48.1700
78.565
929
78.710
43.520
155,487
793.797
1,199
2.802
2.960
1.898
2.125
2.058
1.591
2.789
2.852
2.852
38.246
24.519
27.461
26.591
20.561
36.040
36.845
36.845
8.340
8.6397
14.091
166.546
14.117
7.806
27,888
142.374
215.068
17.936
36.200 111.6298
182.068
2,152
182.405
100.854
360,329
1,840
2,779
231.741
46.497
3.599
3.706
8.394
34.539
7.667
557.543
43.152
44.438
100.648
414.155
91.933
7.740
1,292
7.970
18.052
74.282
16.489
102.982
233.242
959.769
213.046
931.975
206.877
411.490
91.341
100 SAUDI RIYAL
37.139
23.809
26.666
25.821
19.966
34.996
35.778
35.778
35.152 108.3971
176.796
2,090
177.122
97.933
349,894
1,786
2,698
225.030
1,255
97.104
100 SWEDISH KRONOR
16.398
10.512
11.774
11.400
8.815
15.452
15.797
15.797
15.520
47.8600
78.060
922.588
78.204
43.240
154,487
788.689
1,191
99.356
553.954
42.874
44.152
3.985
2.555
2.861
2.771
2.142
3.755
3.839
3.839
3.772
11.6309
18.970
224.207
19.005
10.508
37,543
191.667
289.528
24.146
134.622
10.419
10.730
24.302
17.952
11.509
12.890
12.481
9.651
16.916
17.294
17.294
16.992
52.3970
85.460 1,010.046
85.617
47.339
169,132
863.454
1,304
108.775
606.468
46.938
48.338
109.480
100 HK$
HK
0.942
1.033
100 THAI BAHT
THAI
0.839
0.893
100 PHILIPPINE PESO
SAUDI SWEDEN
0.538
0.922
100 QATAR RIYAL
QATAR
1.084
1.393
100 NORWEGIAN KRONER
PHIL
0.695
1.438
100 JAPAN YEN
JAPAN NORWAY
1.120
US $
100 CHINESE RMB
INDIA
0.718
SWISS FR
100 BANGLADH TAKA
INA
226.488
22.198
450.498
Note: Run your nger down the left-hand side until you reach the country of origin you plan to exchange. Then move your nger until that line intersects with the vertical column of the currency you wish to buy. The gure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES
Money market
Index futures
Index points
1980
US Dollar
Long Rolls - KLCI futures
FKLI
Open Interest
1,644.00 90000
Klibor
USD Index
Index points
-4.50
18.00
(-13.50)
102.00
(+1.50)
Implied interest rate (%)

95.252
4.5
(+0.188)
94.25
1790
68000
4.75
1600
46000
-8.50
86.50
1410
24000
-21.75
78.75
1220
2000
-35.00
3.41
(Unch)
3.5
2.5
Jan 4, 2010
71.00
Jan 4, 2010
Aug 3, 2016
FBM KLCI futures close lower

tracking weaker cash market
Aug 3, 2016
FBM KLCI futures

INDEX AND FUTURES
CONTRACT
LAST
CHANGE
VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
The FBM KLCI futures contract on Bursa FBMKLCI 1,648.50 -11.73 124.4M
1,644.00 -13.50
6,713 40,726
1,184
Malaysia Derivatives ended lower yesterday, AUG 16
SEPT 16
1,638.00 -13.00
181
849
20
tracking the weaker cash market.
DEC 16
1,628.50 -11.50
40
240
-1
At the close, August 2016 fell 13.5 points MAR 16
1,620.00 -11.50
13
19
1
to 1,644; September 2016 slipped13 points TOTAL
6,947 41,834
1,204
to 1,638; while December 2016 and March
BID
OFFER
CLOSE
2017 fell 11.5 points each to 1628.5 and 1,620 FUTURES ROLL OVER
AUG/SEP
-4.5
-5.5
-4.5
respectively.
Turnover rose to 6,947 lots, from FUTURES FAIR VALUE
DAYS TO EXPIRY
KLIBOR DIVIDEND FAIR VALUE
Tuesdays 5,983 lots and open interest CONTRACT
16
28
3.84
0.97
2.87
slightly increased to 41,834 contracts from AUG
SEPT 16
59
8.26
1.84
6.42
41,706 contracts previously.
ROLLS FAIR
3.54
The benchmark FBM KLCI finished 11.73
points easier at 1,648.5.
Most Southeast Asian stock markets fell
yesterday. Singapore stocks slipped 1.02% to
post their biggest loss since June 29, pulled while Sembcorp Marine Ltd fell 1.9%.
down by oil and financial stocks. OverseaThe Philippines lost 1.8% dragged down
Chinese Banking Corp Ltd was down 2.8%, by industrial and financial stocks. Agencies
Commodities
Aug 3, 2016
1.5
Oct 1, 2000
US dollar struggle to break

away from six-weeks low
Klibor
The US dollar struggled to break away from

six-week lows against a basket of currencies,
kept under pressure by the view that the US
Federal Reserve (Fed) will raise interest rates
later rather than sooner.
The US dollar Index inched up 0.2%
yesterday but at 95.252remained close to
Tuesdays low of 95.003 and was down 2%
compared with a week ago, before the Feds
policy statement.
The US dollar was up 0.2% at 101.08. It
slid 1.5% the previous day when it fell to a
three-week trough of 100.680, amid some
disappointment that a meeting between
Japanese Finance Minister Taro Aso and
Bank of Japan governor Haruhiko Kuroda
did not result in steps to weaken the yen.
An analysts said it was a matter of time before
the US dollar breaks below 100. Reuters
AUG6
SEP6
OCT6
DEC6
MAR7
JUN7
SEP7
DEC7
MAR8
JUN8
SEP8
DEC8
MAR9
JUN9
SEP9
DEC9
MAR0
JUN0
SEP0
DEC0
MAR1
JUN1
TOTAL
CPO vs Soyoil
Open Interest
4200
200000
CPO RM/tonne
Soyoil US$/Ibs
MONTH
6400
Crude Oil
Gold
US$/bbl
US$/troy oz
0.7300
155.00
2,750
39.74
152500
5075
(RM0.3075/tonne) 0.5475
121.25
2700
105000
3750
0.3650
87.50
1340
57500
2425
0.1825
53.75
1020
1950
2,417
Jan 6, 2008
SETTLEMENT
PRICE
CHANGE
96.54
96.59
96.59
96.59
96.59
96.54
96.50
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
96.45
VOLUME
OPEN
INTEREST
1980
3450
1200
Aug 3, 2016
CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation.
CPO & Open Interest

CPO RM/tonne
Oct 2, 2006
(+0.23)
10000
Aug 3, 2016
Palm oil sees strongest gains in

10-months on better demand
1100
(+79)
Jan 6, 2008
Aug 3, 2016
0.0000
CPO futures
CONTRACT
AUG-16
SEP-16
OCT-16
NOV-16
DEC-16
LAST
2,480
2,435
2,417
2,406
2,412
CHANGE
87
82
79
74
77
VOLUME
119
4,670
19,717
8,615
3,827
OPEN CHANGE IN
INTEREST OPEN INTEREST
2,515
26,529
74,720
49,623
14,089
1,363.60
(-2.10)
2,417
(+79)
1660
-146
-56
1,328
410
960
Malaysian palm oil futures surged to a sixweek high yesterday, recording a fourth
consecutive session of gains, as improved
CPO/SOYOIL
demand and a recovery in rival US soy CPO FUTURES
INDICATIVE ROLL-OVER FUTURES BASIS (USD)
supported prices.
CURRENT
-77.66
AUG/SEP
45
Palm oil has pared some losses in the AUG/OCT
3 MONTHS AVERAGE
-85.03
63
last three trading sessions, after falling to a AUG/NOV
6 MONTHS AVERAGE
-77.65
74
one-week low, tracking weaker rival oils on SEP/OCT
18
Chinas Dalian Commodity Exchange.
SGS & ITS EXPORT ESTIMATES (TONNES)
MAY16
JUNE16
JUL16
Benchmark palm oil futures for October SHIPMENT DAYS
404/391
362/368
394/388
delivery on Bursa Malaysia Derivatives 1 - 10TH DAYS
575/563
555/566
571/561
gained 3.3% or RM79, its strongest gains in 1- 15TH DAYS
DAYS
792/786
711/717
820/818
10 months, settling at RM2,417 per tonne 11 -- 20TH
25TH DAYS
982/965
881/873 1,014/1,005
at the end of the day. It earlier rose to an FULL MONTH
1,252/1,233
1,111/1,130
/
intraday high of RM2,419, palms strongest MALAYSIAN PALM OIL BOARD
MAR16
APR16
MAY16
JUN16
levels since June 21.
1,220
1,301
1,364
1,533
A weaker ringgit usually supports palm, as PRODUCTION
1,334
1,165
1,282
1,132
it makes the tropical oil cheaper for foreign EXPORT
STOCKS
1,885
1,800
1,645
1,776
currency holders. It weakened 0.7% to 4.0560
MPOB Palm oil physical
per US dollar yesterday.
AUG2016
SEP2016
OCT2016
Palm oil typically tracks the performance (IN RM/TON)
DELD
2,415
2,400
2,380
of its rival oilseed soy, as they both compete CPO
PK EX-MILL
2,626
2,600
2,590
for a share in the global vegetable oils market. CPKO DELD
5,451
5,407
5,373
The Chicago soybean oil contract for RBD P.OIL FOB
2,534
2,485
2,433
December was up 1.4%, while the most active RBD P.OLEIN FOB
2,575
2,522
2,453
2,507
2,473
2,412
November soybean contract rose 0.9% on RBD P.STEARIN FOB
bargain hunting after falling to near four- MPOB FFB REF PRICE (MILL GATE PRICE)
REGION
GRADE A
GRADE B
GRADE C
month lows.
OER (RM/TON)
OER(RM/TON)
OER (RM/TON)
The January soybean oil contract on NORTH
20.00% 555
19.00% 532
18.00% 508
Dalian was up 0.7%. Palm oil shipments SOUTH
20.00% 560
19.00% 536
18.00% 513
20.00% 560
19.00% 536
18.00% 512
from Malaysia rose 12% to 15% in July from CENTRAL
June, supported by better demand from EAST COAST 20.00% 557 19.00% 533 18.00% 510
SABAH
22.00% 536
21.00% 515
20.00% 494
China and Europe. Reuters
SARAWAK
22.00% 544
21.00% 522
20.00% 500
20.00
Apr 10, 2007
700
Aug 3, 2016
Oil edges up to US$42 after

slide, but glut still weighs
Oil edged higher towards US$42 a barrel
yesterday after hitting its lowest since April
the previous day, supported by an industry
report showing a fall in US inventories and
a weaker US dollar.
But prices could struggle to make much
headway, analysts said, as sentiment remains
bearish. A supply glut that has weighed on
prices could increase if oil exports restart from
ports in Libya that have been closed since 2014.
Brent crude was up 22 US cents a barrel
at US$42.02, while US crude added 23 US
cents to US$39.74.
Oil rallied from a 12-year low near US$27
in January to a 2016 high of almost US$53
in June, supported by an initiative from
Organization of the Petroleum Exporting
Countries and outside producers including
Russia to freeze output and by hopes that
the supply glut would ease. Reuters
Centrifuged Latex
Aug 31, 2008
Commodities
AGRICULTURE
CRUDE PALM OIL
RUBBER
CORN
SOYBEANS
WHEAT
LIVE CATTLE
COCOA
COFFEE
SUGAR
COTTON
EXCHANGE
MDEX
MRB
CBOT
CBOT
CBOT
CME
NYBOT
NYBOT
NYBOT
NYC
LAST PRICE CHANGE
2,417
518.00
324.75
995.50
404.50
114.58
2,899
144.55
19.40
73.69
79
8.00
0.50
10.25
3.25
0.500
10
-0.05
-0.08
-0.53
METAL & PRECIOUS METALS

TIN
COPPER
GOLD
PLATINUM
PALLADIUM
SILVER
ALUMINIUM
ZINC
US$/TON
USC/IBS
US$/TROY OZ
US$/TROY OZ
US$/TROY OZ
USC/TROY OZ
RMB/TON
RMB/TON
KLTM
CMX
CMX
NYMEX
NYMEX
CMX
SHF
SHF
18,000
60
2.2140 0.0000
1,363.60
-2.10
1,163.60
-8.50
708.10 -10.95
20.59
-0.11
12,050
-125
17,320
-60
LIGHT CRUDE OIL

US$/BBL
HEATING OIL
USC/GAL
NATURAL GAS
US$/MMBTU
BRENT CRUDE
US$/BBL
GAS OIL
US$/TON
NYMEX
NYMEX
NYMEX
ICE
ICE
39.74
0.23
1.2950 0.0125
2.795
0.012
42.02
0.22
361.50
4.25
ENERGY
Sen/Kg
1100
1700
900
1325
456.50
950
(+11.00)
500
518.00
(+8.00)
575
300
Jan 7, 2007
UNIT
RM/TON
SEN/KG
USC/BSH
USC/BSH
USC/BSH
USC/IBS
US$/TON
USC/IBS
USC/IBS
USC/IBS
Rubber - Msia SMR 20
Sen/Kg
700
Aug 3, 2016
200
Aug 3, 2016
Jan 7, 2007
Aug 3, 2016
Markets
32
F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP
I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S PA G E 2 9
M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 2 5
RESEARCH: TAI TS [tai@bizedge.com; SUGUMARAN [sagu@bizedge.com]
KLCI 1,648.50
11.73 FBM ACE
18.83 FTSTI
5,373.43
2,827.58
29.09 NIKKEI 16,083.11
308.34 HANG SENG 21,739.12
Traveling is seeing; it is the implicit

that we travel by. Cynthia Ozick
STOCK
Index point
1659.0
1657.2
1655.4
1653.6
1651.8
1650.0
1648.2
1646.4
1644.6
1642.8
1641.0
KL Composite Index
1,648.50
(-11.73)
1,644.0
KLCI futures
8:45 9:30
10:30
11:30
12:45
14:30
(-13.50)
15:30
16:30 17:15
Daily FBM KLCI

Moving average - 20-day
KL Composite Index
1950.0
POS-CV
HUBLINE
AEM
YKGI-WB
INIX
YKGI
TADMAX
MMCCORP-C1
ASIAPLY
SAUDEE-WA
AEM-WA
POS
GBGAQRS-WA
GPACKET
TALIWRK
PIE
(-11.73)
TURNOVER
(000)
VOLUME
('000)
CHANGE
(%)
CHANGE
(RM)
CLOSE
(RM)
HIGH
(RM)
LOW
(RM)
64,119
59,710
36,559
32,852
20,490
19,263
16,863
16,370
11,720
9,126
9,029
8,538
8,030
7,637
7,484
5,467
18.18
100.00
10.00
38.46
10.00
47.22
8.70
13.33
4.55
-4.35
30.00
2.11
6.67
4.35
-0.70
5.98
0.020
0.005
0.015
0.025
0.005
0.085
0.040
0.010
0.010
-0.005
0.015
0.060
0.015
0.010
-0.010
0.140
0.130
0.010
0.165
0.090
0.055
0.265
0.500
0.085
0.230
0.110
0.065
2.900
0.240
0.240
1.420
2.480
0.165
0.010
0.180
0.100
0.060
0.275
0.545
0.105
0.240
0.120
0.065
2.980
0.245
0.250
1.420
2.480
0.100
0.005
0.150
0.070
0.050
0.210
0.460
0.070
0.220
0.105
0.055
2.820
0.225
0.240
1.360
2.360
1667.5
FBM KLCI falls 11.73 points

with shares in Japan, oil
1,659.58
1385.0
1102.5
820.0
Jan 2, 2008
Aug 3, 2016
900
600
300
Volume (mil)
FBM KLCI futures

CONTRACT
AUG 16
SEPT 16
DEC 16
SETTLEMENT
CHANGE
HIGH
LOW
1,644.00
1,638.00
1,628.50
-13.50
-13.00
-11.50
1,654.00
1,648.00
1,636.50
1,642.50
1,637.00
1,628.00
KLCI
POINTS
CHANGE
(RM)
CLOSE
(RM)
VOLUME
('000)
0.66
0.00
-0.43
-0.45
-0.47
-0.49
-0.50
-0.53
-0.59
-0.59
-0.66
-0.72
-0.92
-0.94
-1.40
-1.97
-9.99
-1.74
-11.73
0.090
0.000
-0.120
-0.090
-0.240
-0.080
-1.060
-0.030
-0.060
-0.040
-0.050
-0.050
-0.140
-0.090
-0.220
-0.120
7.500
1.400
13.140
4.330
15.820
8.100
49.500
1.650
4.340
5.650
6.540
4.360
4.800
7.510
19.580
7.860
3686.7
5591.0
227.6
1337.8
806.7
3195.9
262.3
4070.6
851.2
3767.9
4495.6
11896.3
3122.4
1497.4
7091.8
17333.0
FBM KLCI sensitivity*

MISC
SAPURA-KENCANA
HONG LEONG BANK
AMMB HOLDINGS
PPB GROUP
GENTING
BRITISH AMERICAN TOBACCO
YTL CORPORATION
GENTING MALAYSIA
AXIATA GROUP
PETRONAS CHEMICAL
CIMB GROUP
RHB BANK
SIME DARBY
PUBLIC BANK
MAYBANK
SUB-TOTAL
OTHERS
GRAND TOTAL
* How stock price changes affected the index on the previous trading day
5.06
4.00
STI 2918.62
22.87
RM/USD 4.0470
CPO RM2300.00
18.00
OIL US$43.21
0.26
GOLD US$1340.50
11.90
PP 9974/08/2013 (032820)
FRIDAY JULY 29, 2016 ISSUE 2217/2016
FINANCIAL
DAILY
MAKE
BETTER
DECISIONS
EVERY
FRIDAY!
Get your free copy of

The Edge Property
pull-out inside.
Fund lawyer 1MDBs liaison with

Goldman Sachs holds clues, US says
21 WORLD
TWO MORE
Download your
personal copy at
TheEdgeProperty.com
Pan Borneo
Highway
contracts
awarded
4 HOME BUSINESS
Higher electricity
sale lifts TNBs
3Q earnings
5 HOME BUSINESS
Public Banks 2Q
net profit gains 5%,
pays 26 sen
interim dividend
Naim-Gamuda JV bags
RM1.57b job,
Mudajaya-Musyati JV wins
RM1.33b package.
Meena Lakshana has the
story on Page 4.
6 HOME BUSINESS
Aspen aims to seal

RM550m Yi-Lai
RTO deal by
next week
17 HOME
MH370 plunged
into sea at speed,
says investigator
SapuraKencana enters Europe

with RM510m contract win
18 COMMENT
Ready for a new

bank crisis?
DNEX-WD
THHEAVY
PDZ
POS-CV
HUBLINE
MBSB
SANICHI-WD
VIVOCOM
AEM
TRIVE
DNEX
DRBHCOMC19
YKGI-WB
FGV-C15
SANICHI
DRBHCOMC21
OCR-PA
HSI-C30
DRBHCOMC20
AAX
124,358.4
79,558.4
66,976.5
64,118.5
59,710.0
53,786.2
48,786.3
40,703.1
36,558.7
35,021.0
34,827.7
33,867.8
32,851.9
32,701.7
31,711.7
31,019.4
26,383.7
26,210.7
24,688.8
24,015.0
CHANGE
(RM)
CHANGE
(%)
PRICE
(RM)
PE
RATIO
DIVIDEND
YIELD (%)
0.050 1000.00
-0.020
-9.30
-0.005
-4.55
0.020
18.18
0.005 100.00
0.010
1.32
0.005
20.00
-0.005
-1.79
0.015
10.00
UNCH
UNCH
0.005
2.44
-0.005
-4.35
0.025
38.46
0.015
7.69
0.005
6.25
-0.005
-4.76
0.010
20.00
-0.065
-17.33
0.005
14.29
0.005
1.25
0.055
0.195
0.105
0.130
0.010
0.765
0.030
0.275
0.165
0.085
0.210
0.110
0.090
0.210
0.085
0.100
0.060
0.310
0.040
0.405
12.34
19.31
10.30
7.77
0.00
0.00
0.00
0.00
0.00
3.84
0.00
0.00
0.00
0.00
4.68
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Top gainers and losers (ranked by RM)

UP
CLOSE
CHANGE
(RM)
DIN040000223
PANAMY
VERSATL
AHEALTH
PIE
HSI-H57
HLIND
SEM
HSI-H45
MISC
CBIP
SHH
99.900
38.160
1.230
3.900
2.480
0.935
9.000
1.500
0.660
7.500
2.000
2.000
0.680
0.380
0.210
0.150
0.140
0.110
0.110
0.100
0.090
0.090
0.090
0.090
SUPERMX-C10
CBIP-CC
TOPGLOV-C6
YKGI-WB
INIX-WA
AEM-WA
HSI-H33
IDMENSN-WA
HSI-H37
FGV-C11
0.010
0.035
0.050
0.090
0.020
0.065
0.090
0.025
0.150
0.300
100.00
75.00
42.86
38.46
33.33
30.00
28.57
25.00
25.00
25.00
DOWN
BAT
UTDPLT
HSI-C48
BKAWAN
F&N
PPB
TAHPS
PBBANK
RAPID
AIRPORT
HSI-C32
HARTA
CLOSE
CHANGE
(RM)
49.500
26.580
0.490
17.760
26.100
15.820
6.020
19.580
5.580
6.000
0.765
4.080
-1.060
-0.420
-0.240
-0.240
-0.240
-0.240
-0.230
-0.220
-0.220
-0.170
-0.160
-0.160
0.005
0.005
0.015
0.010
0.010
0.010
0.010
0.490
0.040
0.095
-50.00
-50.00
-40.00
-33.33
-33.33
-33.33
-33.33
-32.88
-27.27
-26.92
KUALA LUMPUR: The FBM KLCI contracted 11.73 points or

0.7% to 1,648.5 yesterday, taking the cue from Asian share
market and crude oil losses. The spotlight was on shares in
Japan, which fell on a strengthening yen.
Across Asia, Japans Nikkei 225 closed 1.88% lower, while
Hong Kongs Hang Seng Index dropped 1.76%.
Reuters reported that Asian shares slid yesterday, while
the yen lorded over a weakened US dollar as fears that the
Bank of Japan may retreat from its massive bond-buying Top gainers and losers (ranked by percentage)
campaign added to a shake-out in debt markets globally.
UP
CHANGE
DOWN
CHANGE
Weakening oil prices were below US$40 per barrel and
CLOSE
(%)
CLOSE
(%)
this weeks sell-off on Japanese bonds dragged emerging
DNEX-WD
0.055
1000.0
HSI-H35
0.060
-70.00
stocks 1% lower.
0.020 300.00
RA
0.005 -50.00
JF Apex Securities Bhd senior analyst Lee Cherng DIGI-C9
HUBLINE
0.010 100.00
SKPETROC23
0.010 -50.00
Wee told theedgemarkets.com that the FBM KLCIs fall SUPERMX-C10
0.010 100.00
UMWOG-C3
0.005 -50.00
was in line with dampened performance across Asian CBIP-CC
0.035
75.00
BJMEDIA-WA
0.005 -50.00
equities. Asian share markets fell following US shares lower YKGI
0.265
47.22
RESINTC-WA
0.015 -40.00
TOPGLOV-C6
0.050
42.86
KGROUP-WA
0.010 -33.33
overnight close.
0.090
38.46
NEXGRAM-WB
0.010 -33.33
The FBM KLCI was down due to external factors like low YKGI-WB
0.020
33.33
ARMADA-C14
0.010 -33.33
crude oil prices. The European Union and US markets also INIX-WA
AEM-WA
0.065
30.00
SKPETROC17
0.010 -33.33
closed lower overnight as Japans plan to introduce further HSI-H33
0.090
28.57
HSI-C48
0.490 -32.88
economic stimulus has given rise to concerns surrounding IDMENSN-WA
0.025
25.00
FBMKLCI-C50
0.040 -27.27
a stronger yen, Lee said.
Bursa Malaysia saw 2.09 billion shares worth RM1.6 Top gainers and losers - warrants (ranked by percentage)
billion exchanged. Decliners beat gainers at 416 versus 398.
UP
CHANGE
DOWN
CHANGE
Top decliners included British American Tobacco (M)
CLOSE
(%)
CLOSE
(%)
Bhd and Public Bank Bhd. by Ahmad Naqib Idris
DDNEX-WD
0.055 1000.0
HSI-H35
0.060 -70.00
DIGI-C9
0.020 300.00
SKPETROC23
0.010 -50.00
World equity indices
DOW JONES
S&P 500
NASDAQ 100
FTSE 100
AUSTRALIA
CHINA
HONG KONG
INDIA
I want an edge!
FBM KLCI 1658.50
90.74
Daily top 20 active stocks
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
traded for a particular counter on the previous trading day is more than triple the average volume for the
last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
market expectations for these counters.
1,648.50
18,313.77
Market movers
UNUSUAL MARKET ACTIVITIES
FBM KLCI & KLCI futures intraday
DOW JONES
390.02
CLOSE
CHANGE
18,313.77
2,157.03
4,719.21
6,645.40
5,465.72
2,978.46
21,739.12
27,697.51
-90.74
-13.81
-36.83
-48.55
-74.82
7.18
-390.02
-284.20
INDONESIA
JAPAN
KOREA
PHILIPPINES
SINGAPORE
TAIWAN
THAILAND
VIETNAM
CLOSE
CHANGE
5,351.88
16,083.11
1,994.79
7,888.44
2,827.58
9,001.71
1,507.47
631.61
-21.45
-308.34
-24.24
-149.34
-29.09
-67.05
9.96
-4.44
Email: hotline@bizedge.com
Fax: (03) 7721 8282
UMWOG-C3
BJMEDIA-WA
RESINTC-WA
KGROUP-WA
NEXGRAM-WB
ARMADA-C14
SKPETROC17
HSI-C48
FBMKLCI-C50
ASDION-WB
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