FBM KLCI 1641.62 20.34 KLCI FUTURES 1647.00 11.00 STI 3114.25 37.16 RM/USD 4.1790 CPO RM2122.

4.1790 CPO RM2122.00 16.00 OIL US$61.03 0.75 GOLD US$1239.60 1.70
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50

TUESDAY DECEMBER 18, 2018 ISSUE 2795/2018

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS
CIMB Clicks’ security enhanced
to safeguard customers — CIMB
5 HOME BUSINESS

2 AFP

Banks cannot
rely on exclusion
clauses to escape
liability, Federal MALAYSIA FILES
CRIMINAL
Court rules
5 HOME BUSINESS

CHARGES AGAINST
MRT Corp CEO
Shahril to relinquish
post by year end

GOLDMAN SACHS
6 HOME BUSINESS

Top Glove 1Q net

profit grows 4%
as revenue hits
record high
6 HOME BUSINESS
OVER 1MDB
Scomi confirms
Mumbai monorail
contract termination
7 HOME BUSINESS

IHH committed to
This is possibly the first time any
Fortis investment country has filed criminal charges
against the US investment banking
16 WORLD BUSINESS
giant itself. Story on Page 4.
Singapore posts
first y-o-y export fall
in eight months
PNB, EPF buy Battersea Phase 2
for RM8.35b 6 HOME BUSINESS
 FBM KLCI 1641.62 20.34 KLCI FUTURES 1647.00 11.00 STI 3114.25 37.16 RM/USD 4.1790 CPO RM2122.00 16.00 OIL US$61.03 0.75 GOLD US$1239.60 1.70
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50

TUESDAY DECEMBER 18, 2018 ISSUE 2795/2018

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS
CIMB Clicks’ security enhanced
to safeguard customers — CIMB
5 HOME BUSINESS

2 AFP

Banks cannot
rely on exclusion
clauses to escape
liability, Federal MALAYSIA FILES
CRIMINAL
Court rules
5 HOME BUSINESS

CHARGES AGAINST
MRT Corp CEO
Shahril to relinquish
post by year end

GOLDMAN SACHS
6 HOME BUSINESS

Top Glove 1Q net

profit grows 4%
as revenue hits
record high
6 HOME BUSINESS
OVER 1MDB
Scomi confirms
Mumbai monorail
contract termination
7 HOME BUSINESS

IHH committed to
This is possibly the first time any
Fortis investment country has filed criminal charges
against the US investment banking
16 W O R L D B U S I N E S S
giant itself. Story on Page 4.
Singapore posts
first y-o-y export fall
in eight months
PNB, EPF buy Battersea Phase 2
for RM8.35b 6 HOME BUSINESS
2 T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
ON EDGE T V
www.theedgemarkets.com
The Edge Communications Sdn Bhd
(266980-X)
Level 3, Menara KLK, No 1 Jalan PJU 7/6,
Mutiara Damansara, 47810 Petaling Jaya,
Selangor, Malaysia
Publisher and Group CEO Ho Kay Tat
EDITORIAL
For News Tips/Press Releases
Tel: 03-7721 8219 Fax: 03-7721 8038
Email: eeditor@bizedge.com
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Kathy Fong, Jenny Ng, Diana Khoo
Senior Editors Cindy Yeap,
Jose Barrock, Kang Siew Li
Associate Editors R B Bhattacharjee,
Vasantha Ganesan, Adeline Paul Raj
Deputy Editor Tan Choe Choe
Assistant Editors Khairie Hisyam
Aliman, Kanagaraju S Sithambaram
Chief Copy Editor Felyx Teoh
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Copy Editor Tham Kid Cheng
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& CUSTOMER ADVISORY
Senior Manager Elizabeth Lay
Banks cannot rely on exclusion
clauses to escape liability
This landmark ruling stems from a British couple’s lawsuit
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Commercial
banks cannot rely on exclusion
clauses in agreements to stop
their clients from suing for neg-
ligence, the Federal Court said
in a landmark ruling yesterday.
Judge Datuk Seri Balia Yusof
Wahi noted in today’s commercial
world, the customer is made to ac-
cept the contract as prepared by
the other party, the Free Malaysia
Today (FMT) news portal reported.
Judge Balia said this when dis-
missing an appeal by CIMB Bank
Bhd over a suit brought by a British
couple concerning a banking error
that cost them a property here.
IRB gets RM60m in additional taxes,
penalties under special programme
BY SUP RIYA SUR EN DRAN
KUALA LUMPUR: Almost RM60
million in additional tax declara-
tions and penalties have been re-
corded since the Inland Revenue
Board (IRB) launched its Special
Voluntary Disclosure Programme
on Nov 3.
The additional declarations
were made by almost 2,000 tax-
payers from various categories, the
IRB said in a statement yesterday.
Since its launch, the pro-
gramme has also raked in 35,000
new registered taxpayers, it added.
Some 3,000 instruments have
also been stamped with duty and
penalties totalling almost RM2
million during the period.
EC lodges police reports against 62 GE14 candidates
KUALA LUMPUR: The Election
Commission (EC) has lodged
police reports against 62 candi-
dates in the 14th general elec-
tion (GE14) for failing to declare
the expenses they incurred in the
polls.
The candidates, comprising 14
who contested for parliamentary
The Edge awarded RM11m over suspension for reports on 1MDB
KUALA LUMPUR: The Edge Com-
munications Sdn Bhd was yesterday
awarded RM11.26 million in compen-
satory damages for its loss of revenue
as a result of the unlawful suspension
of The Edge Malaysia weekly and The
Edge Financial Daily in 2015.
High Court deputy registrar No-
He said in this particular instance,
where a customer had brought a suit
against the bank, it merited public
policy for the court to interfere.
Noting there was unequal bar-
gaining, he said: “It is patent unfair-
ness and injustice to the plaintiffs
(the couple).”
The ruling was made by a
three-member bench including
Chief Judge of Malaya Zaharah
Ibrahim and Federal Court Judge
Azahar Mohamed.
The ruling follows a Court of Ap-
peal decision early last year stating
CIMB was liable for breach of con-
tract for refusing to make a housing
loan progress payment to a develop-
er. The FMT said the appeals court
IRB chief executive officer Da-
tuk Seri Sabin Samitah revealed
the statistics during an official visit
to IRB’s Seremban branch yester-
day, the statement said.
The voluntary disclosure pro-
gramme was announced in Budget
seats and 48 for state constituen-
cies, would be barred from entering
the legislatures and vote, and can-
not stand for any election for five
years, EC chairman Azhar Azizan
Harun said in a statement.
Under the Election Offences Act
1954, candidates or their agents
should have filed the returns of
razlin Othman also awarded an
interest of 4%, to run from July 27,
2015 until the full settlement.
The home ministry had on that
date suspended the two publica-
tions for three months over their
reports on the 1Malaysia Devel-
opment Bhd (1MDB) issue.
For breaking news updates go to
www.theedgemarkets.com
had held that CIMB could not rely
on the exemption clause in the loan
agreement with the couple.
The couple, Anthony Lawrence
Bourke and Alison Deborah Essex
Bourke, now residing in the UK,
bought a property at Jalan Sultan
Ismail from Crest Worldwide Re-
sources Sdn Bhd in 2008.
To finance the purchase, they
took a term loan from CIMB, with
the agreement stating the couple
would service the monthly instal-
ments and the bank would make
progress payments to the develop-
er whenever they were due.
“However, CIMB failed to make
payment on one of the invoices and
as a result, the developer terminated
2019 by Finance Minister Lim
Guan Eng.
Under the programme, a pen-
alty of 10% of the tax payable is
imposed for disclosures of unre-
ported income made from Nov 3
to March 31, 2019, and 15% for
disclosures made from April 1,
2019 to June 30, 2019.
Th e rates will jump after the
programme ends, from 80% to a
maximum of 300% of the tax pay-
able, from July 1, 2019.
Voluntary disclosures can be
done at any IRB offices locally.
For more information, visit
www.hasil.gov.my, call 1-800-88-
5436 or 03-7713 6666 (overseas),
or email pengakuansukarela@
hasil.gov.my.
expenditure within 31 days after
the GE14 results were gazetted on
May 28, Azhar said.
“The EC has lodged police re-
ports against candidates who have
failed to submit their statement
of expenses, for further action to
be taken according to the law,”
he said.
The order was revoked on Sept
21, 2015 by the High Court, allowing
The Edge’s judicial review applica-
tion. The home minister’s appeal
against the order to the Court of Ap-
peal was dismissed on Aug 30, 2016.
Upon further appeal to the Fed-
eral Court, the apex court ruled on
the sale and purchase agreement
with the couple,” the FMT reported.
In 2015, the Bourkes sued the
bank for negligence and breach of
contract. It said CIMB’s defence
was heavily premised on its stand-
ard exclusion liability clause pro-
tecting the bank from any claim
made by the borrower.
The bank also relied on another
clause in the loan agreement stat-
ing the bank need not disburse the
loan if a full drawdown is not made
within a certain period.
The High Court, in 2016, dis-
missed the suit on the grounds
that the exclusion liability clause
protected CIMB from being sued
for damages.
Fireman attacked
in temple riot dies
KUALA LUMPUR: Fireman Mu-
hammad Adib Mohd Kassim
(pic), attacked during a riot at a
temple in Subang Jaya, Selangor
last month, has passed away.
Housing and Local Govern-
ment Minister Zuraida Kamarud-
din confirmed to the media that
he passed away at 9.41pm yester-
day, Bernama reported.
In the incident on Nov 27, Mu-
hammad Adib, 24, of the Fire and
Rescue Service in Subang Jaya was
believed to have been attacked
by a mob in front of the Sri Maha
Mariamman temple in USJ 25,
Subang Jaya.
Muhammad Adib had ini-
tially improved while undergo-
ing treatment at the National
Heart Institute, but his condi-
tion turned critical on Sunday.
— Bernama
Aug 9 last year that The Edge could
claim damages from the home
minister for losses incurred due
to the suspension.
The matter was then remitted
to the High Court for assessment
of damages, carried out in cham-
bers yesterday.
TUES DAY DEC E MBE R 1 8 , 20 1 8 • T HEED G E FINA NCIA L DA ILY 3
4 HOME BUSINESS
Malaysia files criminal charges
against Goldman over 1MDB
This is possibly the first time a country has filed criminal charges against the US investment banking giant
BY T H E ED GE MA L AYSI A
KUALA LUMPUR: Malaysia yester-
day filed criminal charges against
three subsidiaries of Goldman Sachs
Group Inc over their handling of
bonds totalling US$6.5 billion is-
sued by 1Malaysia Development
Bhd (1MDB).
While it has in the past paid
hefty fines in several countries over
wrongdoing and employees have
been charged criminally, this is pos-
sibly the first time that any country
has filed criminal charges against the
US investment banking giant itself.
According to the charge sheets
filed in a Kuala Lumpur court ob-
tained by The Edge, the primary tar-
get is Goldman Sachs International
(UK) which arranged for the sale of
the three bonds — two in 2012 and
one in 2013.
Two other Goldman units —
Goldman Sachs (Singapore) Pte
Ltd and Goldman Sachs (Asia)
LLC — were charged with abetting
Goldman Sachs International in
the omission of material informa-
tion and the publishing of untrue
statements in the offering circulars
for the bonds.
Goldman Sachs International
earned around US$600 million in
fees from 1MDB for arranging the
sale of the bonds, a sum that many
in investment banking circles say
was excessive.
Malaysian prosecutors yesterday
also filed charges against fugitive
Malaysian businessman Low Taek
Jho (Jho Low), ex-1MDB general
counsel Jasmine Loo Ai Swan and
former Goldman executive Timo-
thy Leissner for abetting Goldman
Sachs International.
The three bonds were:
AG says Goldman broke laws at the heart of capital markets
BY T H E ED GE MA L AYSI A
KUALA LUMPUR: Malaysia’s Attor-
ney-General (AG) Tommy Thomas
said criminal charges were filed
against Goldman Sachs and oth-
ers yesterday as they had broken
laws “at the heart of capital mar-
kets” when they sold three bonds
totalling US$6.5 billion (RM27.17
billion) for 1Malaysia Development
Bhd (1MDB).
“The charges arise from the com-
mission and abetment of false or
misleading statements by all the
accused to dishonestly misappro-
priate US$2.7 billion from the pro-
ceeds of three bonds issued by the
subsidiaries of 1MDB,” Thomas said
in a statement.
“Their fraud goes to the heart of
capital markets, and if no criminal
proceedings are instituted against
(From left) Jho Low, Loo and Leissner were charged in absentia yesterday for abetting Goldman Sachs International, while Ng is
expected to be charged for abetting the same firm later this week.
1) a 10-year US$1.75 billion is-
sued by 1MDB Energy Ltd;
2) a 10-year US$1.75 billion is-
sued by 1MDB Energy (Langat) Ltd
and;
3) a 10-year US$3 billion issued
by 1MDB Global Investments Ltd.
The central charges were similar
for the first two bonds and they were
that Goldman Sachs International
as the arranger had omitted to state
the following facts:
1) That Low was the operator and
key intermediary of 1MDB;
2) That 1MDB Energy and 1MDB
Energy (Langat) entered into col-
laboration agreements on May 12,
2012 and Oct 19, 2012 respectively
for credit enhancement wherein
the two companies agreed to pay
Aabar Ltd a credit enhancement
and underwriting contribution in
cash in consideration of Aabar Ltd
procuring a guarantee from IPIC (In-
ternational Petroleum Investment
Company) for the two bonds, and
that the payment was to be made
using the proceeds of the two bonds;
3) That 1MDB Energy and 1MDB
Energy (Langat) entered into option
agreements on May 18, 2012 and
Oct 17, 2012 respectively whereby
they granted to Aabar the option to
the accused, their undermining of
our financial system and market
integrity will go unpunished,” he
added.
He said the offering circulars for
the bonds filed with the Labuan Fi-
nancial Services Authority, Malay-
sia’s offshore banking jurisdiction,
contained statements which were
false, misleading or from which
there were material omissions by
representing to investors that the
proceeds of the bonds would be
used for legitimate purposes when
in fact they were “corruptly and
fraudulently misappropriated”.
“Offering circulars are serious
documents intended to be relied
on, and in fact were relied on, by
purchasers of the bonds,” he added.
To reflect the severity of the al-
leged offences, Thomas said pros-
ecutors will seek criminal fines
purchase 49% of the shares owned
by them in consideration of Aabar
procuring IPIC as a guarantor of
the bonds;
For the first bond issued by 1MDB
Energy, Goldman Sachs Internation-
al was additionally accused of omit-
ting to reveal that 1MDB and IPIC
had entered into inter-guarantor
agreements wherein 1MDB had ful-
ly underwritten all amounts falling
due and payable under the bonds,
including all expenses, damages
and liabilities incurred or suffered
by IPIC, and in the event 1MDB is
unable to meet such underwriting
obligations, it will procure the Min-
istry of Finance Inc to provide the
necessary funding and support to
repay IPIC in full.
In the case of the bonds issued
by 1MDB Global Investments,
Goldman Sachs International was
charged with failing to disclose in
the offering circular that Jho Low
was the operator and key interme-
diary of 1MDB.
The US investment bank is also
charged with publishing an untrue
statement in the circular that “the is-
suer will either on-lend all of the net
proceeds of the offering to ADMIC or
use the net proceeds of the offering
against the accused well in excess
of the US$2.7 billion misappro-
priated and the US$600 million
fees paid to Goldman. They will
also seek the maximum custodial
sentence of 10 years against all the
individuals accused of abetting
Goldman.
The accused that Thomas re-
ferred to are those named in
the charge sheets filed with
Thomas: If no criminal
proceedings are instituted
against the accused, their
undermining of our financial
system and market integrity
will go unpunished.
Photo by Mohd
Izwan Mohd
Nazam
T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
to fund its investment in ADMIC,
which will be a 50-50 joint venture
between the issuer and Aabar”.
ADMIC stands for Abu Dhabi
Malaysia Investment Company,
which was supposed to develop
the Tun Razak Exchange, a project
which has since been fully under-
taken by Malaysia.
According to the charge sheets,
the penalty for each of the offence
is imprisonment of not more than
10 years and a fine of not less than
RM1 million.
Malaysian prosecutors have filed
other 1MDB charges in absentia
against Jho Low and Loo.
Leissner last month pleaded
guilty in the US to charges of mis-
appropriating 1MDB money and
bribing officials in Malaysia and Abu
Dhabi, and is awaiting sentencing.
He also forfeited US$43.7 million to
US authorities.
Another Goldman executive,
Roger Ng Chong Hwa, who is a Ma-
laysian, is under police remand in
Kuala Lumpur and is fighting ex-
tradition to the US to face the same
charges as Leissner. He is expected
to be charged for abetting Goldman
Sachs International later this week.
Jho Low was also indicted by the
a Kuala Lumpur court. The main
accused is Goldman Sachs Inter-
national (UK) which arranged for
the bonds in 2012 and 2013.
Those charged with abetment
are Goldman Sachs (Singapore)
Pte Ltd, Goldman Sachs (Asia) LLC,
former Goldman employee Timothy
Leissner, ex-1MDB general counsel
Jasmine Loo Ai Swan and
Malaysian businessman
Low Taek Jho (Jho Low).
All were charged in
absentia.
Another former
Goldman staffer, Rog-
er Ng Chong Hwa, de-
tained by Malaysian
police pending extra-
dition to the US, is
expected to
be brought
to court this
US Department of Justice (DoJ),
which said that he, Leissner and Ng,
together with others, misappropri-
ated US$2.7 billion from the US$6.5
bond issues. Part of the money was
used to bribe top officials in Malay-
sia and Abu Dhabi.
In a statement issued through his
attorneys, Jho Low yesterday again
maintained his innocence.
“Mr Low maintains his inno-
cence. As has been stated previous-
ly, Mr Low will not submit to any
jurisdiction where guilt has been
predetermined by politics and there
is no independent legal process,”
the statement quoted an unnamed
spokesman of Jho Low as saying.
“It is clear that Mr Low cannot
get a fair trial in Malaysia, where
the regime has proven numerous
times that they have no interest in
the rule of law,” said the spokesman.
The 1MDB scandal was a key
reason why the Barisan Nasional
coalition, which ruled Malaysia for
61 years, was ousted in May’s gen-
eral election.
Former prime minister Datuk
Seri Najib Razak, who Jho Low is
close to, has since 2015 repeated-
ly denied any wrongdoing at the
state-owned company he started
despite media exposure as well as
action taken by authorities in the US,
Singapore and Switzerland against
banks and bankers.
He also insisted that the US$680
million that was banked into his ac-
count in 2013 was a donation from
the late King Abdullah Abdulaziz Al
Saud of Saudi Arabia. The US DoJ
said money flows showed the cash
originating from 1MDB.
Najib has been slapped with nu-
merous charges related to 1MDB
since he lost power.
week to face charges of abetting
Goldman Sachs International in
the fraud.
Thomas said the scheme was de-
signed and crafted by the accused
to fraudulently structure the bonds
for ostensibly legitimate purpos-
es when they knew the proceeds
would be misappropriated and
fraudulently diverted.
Their scheme to defraud is a
contravention of Malaysia’s secu-
rities laws, particularly Section 179
of the Capital Markets and Services
Act 2007, he added.
“Having held themselves out
as the pre-eminent global advis-
er/arranger for bonds, the highest
standards are expected of Goldman
Sachs. They have fallen far short
of any standard. In consequence,
they have to be held accountable,”
said Thomas.
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
CIMB Clicks security
enhanced to safeguard
customers — CIMB
The bank denies its online banking site hacked
BY CH E ST E R TAY
KUALA LUMPUR: CIMB Bank Bhd
yesterday said the security of its on-
line banking portal, CIMB Clicks, has
been enhanced with the introduction
of reCAPTCHA as part of its ongoing
efforts to safeguard customers from
any potential security threats.
“This is just a preventive measure
to strengthen our online security.
The introduction of reCAPTCHA is
part of the bank’s ongoing efforts to
increase the security of CIMB Clicks
and safeguard our customers from
any potential security threats. There is
nothing to be worried about. We can
assure you that CIMB Clicks and your
banking transactions remain safe,”
CIMB said in a statement yesterday.
But the abrupt introduction of the
new security measure over the week-
end has sparked a spate of specula-
tion on social media that its online
banking security had been breached.
A source close to the bank told
The Edge Financial Daily that over
900 accounts of its customers were
affected in a recent hacking incident.
These involved customers with “very
simple passwords”, who inadvertently
disclosed to the hackers — who have
been monitoring their online bank-
ing activities — their one-time-trans-
action passwords when contacted.
CIMB has refuted these allega-
tions. “We would like to confirm
that the news related to the online
security of CIMB Clicks is untrue.
Our platform remains safe and all
customer transactions continue to
be protected,” it stated in a frequent-
ly-asked-question (FAQ) fact sheet in
response to questions from The Edge
Financial Daily.
It also addressed the frustrations
CIMB takes legal action to halt
PLUS Malaysia’s RFID plans
BY A H M AD N AQ I B I D RI S
KUALA LUMPUR: CIMB Group
Holdings Bhd has initiated legal
action against PLUS Malaysia Bhd,
claiming the latter has breached its
obligations under a 1998 joint-ven-
ture agreement (JVA) in relation to
Touch ’n Go Sdn Bhd, by launching
its own toll collection system.
In a stock exchange filing, CIMB
said it, together with its subsid-
iary CIMB SI 1 Sdn Bhd, filed
and served a notice of arbitration
against PLUS yesterday. “The com-
pany and CIMB SI 1 are seeking to
invoke the arbitration agreement
expressed by several CIMB Clicks us-
ers regarding unauthorised transac-
tions on PayPal or debit cards, saying
these are “separate from CIMB Clicks”,
though it did not elaborate on the
root cause of these issues. It only said
the number of unauthorised trans-
actions on its debit cards remained
at “normal levels”. “Our continuous
monitoring suggests that everything
is as per normal levels. Customers
who notice any irregularity in their
statements should raise the matter
through any of our official channels.
If there is any irregularity for non-3D
transactions, subject to a verification
process the transaction amount will
be credited back into the customer’s
account within 14 days,” it said.
Meanwhile, CIMB explained that
reCAPTCHA is a service from Google
that helps protect websites from spam
and abuse. Once a customer has vali-
dated it successfully, they can proceed
to log in to CIMB Clicks. Apart from
the reCAPTCHA, the bank also said
it has ensured that its system is now
able to accommodate passwords
longer than eight characters and up
to 20 characters. As to why CIMB
Clicks users can still log in to their
accounts despite adding a few invalid
characters (more than eight charac-
ters) after their password, CIMB said
this is because of the way the Clicks
Password Rule is designed.
It explained that for passwords set
before Nov 18, the password length
must be eight characters and the sys-
tem only looks at the exact number of
characters of a password to validate
login and ignores the rest. “For pass-
words set on/after Nov 18, 2018, the
password length must be between
eight and 20 characters. The system
does not allow the customer to log
contained in the JVA in relation
to disputes that have arisen with
PLUS in connection with and/or
under the JVA,” it said.
“The claim by the company and
CIMB SI 1 is that, amongst others,
PLUS had breached the obligations
it owed to the company and CIMB
SI 1 under the JVA by commencing
and launching its own PLUS radio
frequency identification (RFID)
system,” CIMB added.
In the legal action, CIMB is
seeking, among others, an in-
junction to restrain PLUS from
engaging in further business of
the PLUS RFID system, together
in when they key in any additional
characters,” CIMB said. Apart from
CIMB, there was speculation that
the online security of a handful of
accounts under Public Bank Bhd and
Affin Bank Bhd have been compro-
mised as well.
However, in an email response to
The Edge Financial Daily, Public Bank
managing director and chief execu-
tive officer Tan Sri Tay Ah Lek denied
this. “No, it is not true. Our banking
customers’ accounts are not affected
at all. The processing of our customer
transactions is intact. Our banking IT
system is safeguarded with stringent
security control measures and we
are always vigilant in protecting our
customers’ accounts,” he said.
Similarly, Affin Bank said none of
its customers’ data have been exposed
to hacking activities. “Cybersecurity
protection is our utmost priority. Affin
Bank systems remain secured and all
customers’ transactions are protected
with full end-to-end security defenc-
es in place, with round-the-clock se-
curity surveillance and preventions.
“The implementation of Fraud
Management System is used to mon-
itor high-risk transactions. Stronger
two-factor authentication via Affin-
Secure is also another of our initi-
atives to ensure peace of mind for
our customers in protecting their
banking needs and interests, as well
as to combat cybersecurity crimes,”
it added.
CIMB’s share price fell by nine sen
or 1.55% to RM5.71 yesterday, giving
it a market capitalisation of RM54.61
billion. Public Bank’s share price
declined 52 sen or 2.1% to RM24.22,
valuing it at RM94.03 billion, while
Affin’s closed unchanged at RM2.35,
with a market cap of RM4.57 billion.
with damages, interests and costs.
The move came after PLUS said
last month it would commence op-
erations of its RFID open payment
system beginning Dec 15 at the
Penang Bridge, Butterworth-Kulim
Expressway and the Jitra toll plaza,
in an effort to modernise the toll
industry in Malaysia.
Last September, Touch ’n Go
announced it would be launching
its RFID for toll collection, which it
was piloting at the time, in January
next year. CIMB has a 52% stake in
Touch ’n Go, while PLUS and MTD
Equity Sdn Bhd hold 28% and 20%
respectively.
HOME BUSINESS 5
MRT Corp CEO Shahril to
relinquish post by year end
BY ARJ U N A C H A N D R A N S H A N K A R
KUALA LUMPUR: Mass Rapid
Transit Corp Sdn Bhd (MRT Corp)
chief executive officer (CEO) Da-
tuk Seri Shahril Mokhtar will be
stepping down from his post at the
end of the year, on the conclusion
of his contract.
In a statement yesterday, MRT
Corp said Shahril, who was ap-
pointed CEO on Jan 5, 2015, will
not have his contract renewed
when it concludes on Dec 31, 2018,
as he wants to “pursue other ca-
reer options”.
The group’s board of directors
met last Friday to appoint MRT
Corp director of strategic com-
munications and stakeholder
relations Datuk Najmuddin Ab-
dullah as the company’s acting
Lower MLM sales drag down
Hai-O 2Q profit
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Hai-O Enter-
prise Bhd’s net profit for the sec-
ond quarter (2Q) ended Oct 31,
2018 fell 37% to RM13.6 million,
from RM21.44 million a year ear-
lier, on lower sales from its multi-
level marketing (MLM) segment.
This lowered earnings per share
to 4.68 sen from 7.4 sen previous-
ly, the group said in a filing with
Bursa Malaysia.
Quarterly revenue fell 25% to
RM92.17 million from RM123.53
million a year ago.
Nevertheless, the group de-
clared an interim dividend of four
sen per share, albeit lower than the
six sen declared a year ago. The pay-
ment date will be announced later.
Hai-O said the MLM division
saw a drop in revenue and pre-tax
profit, which was due to higher fig-
ures recorded last year as a result
of its successful 25th anniversary
Destini bags Pan Malaysia tubular
handling contract from Petronas
BY C HE S T E R TAY
KUALA LUMPUR: Destini Bhd has
won a three-year contract for the
provision of tubular handling, con-
ductor installation and slot recovery
equipment and services for Petronas
Carigali Sdn Bhd, the exploration
arm of Petroliam Nasional Bhd.
In a filing with Bursa Malaysia
yesterday, Destini said the con-
tract was awarded to its whol-
ly-owned Destini Oil Services
Sdn Bhd (DOS) under the Pan
Malaysia Petroleum Arrangement
Contractors Operators’ Drilling
Programme by Petronas Carigali.
Under the contract, DOS will be
the primary contractor for pack-
age A, consisting of tubular han-
dling, conductor installation and
slot recovery for shallow waters in
Sabah and Sarawak, and package
B, which involves tubular handling
for deepwaters.
In addition, DOS was appointed
secondary contractor for tubular
CEO, pending the government’s
selection of a suitable successor.
In the same statement, Shahril
said it has been an honour for
him to be given the opportuni-
ty to serve in MRT Corp, and to
drive the construction of the Klang
Valley mass rapid transit project.
“I will cherish every moment I
[have] had with MRT Corp, espe-
cially highlights such as the open-
ing for the MRT Sungai Buloh-Ka-
jang line (MRT1), Malaysia’s first
MRT line, and the commence-
ment work of the MRT Sungai
Buloh-Serdang–Putrajaya line
(MRT2),” he said.
The 52.2km MRT2 is still in the
midst of construction. The 51km
MRT1, meanwhile, has been in
full operation since the second
phase was launched in July 2017.
grand sales promotion, higher
members’ recruitment and recur-
ring sales of consumer products.
Lower quarterly earnings also
brought down the group’s first-
half net profit, which fell 37% to
RM24.6 million compared with
RM39.3 million reported in the
previous year.
Revenue for the cumulative
period dropped 31% to RM172.26
million from RM248.07 million a
year ago.
For the second half of the fi-
nancial year, the group said it will
focus on new product develop-
ment of its MLM division and the
launch of its promotional cam-
paign in light of the upcoming
festive seasons such as Chinese
New Year, which are expected to
push up revenue.
Hai-O shares closed down three
sen or 1.02% yesterday at RM2.90,
with a market capitalisation of
RM842.13 million.
handling, conductor installation
and slot recovery for shallow waters
in Peninsular Malaysia.
The contract comes with an op-
tional extension of two years. Destini
said the total value of the contract
will depend on the work orders to be
issued by Petronas Carigali through-
out the contract duration.
Destini said the new contract
award signifies an increasingly
positive outlook for the oil and gas
(O&G) industry in which the group
expects an intensification of drill-
ing activities by O&G producers
worldwide.
“Destini is currently active in
participating in tenders for local
and international commercial con-
tracts. This contract is a testament
to Destini’s commitment towards
increasing its commercial order
book,” it said.
Destini’s share price gained 1.5
sen or 10.71% to 15.5 sen yesterday,
giving it a market capitalisation of
RM179.06 million.
6 HOME BUSINESS
PNB, EPF buy Battersea
Phase 2 for RM8.35b
Sime Property and S P Setia are the sellers of the commercial assets
BY G I GI C H UA
KUALA LUMPUR: Sime Darby
Property Bhd (Sime Property)
and S P Setia Bhd are selling their
stakes in the Phase 2 commercial
assets at the Battersea Power Sta-
tion site in London to PNB-Kwa-
sa International 2 Ltd for £1.583
billion (RM8.35 billion).
Sime Property and S P Setia
hold a 40% stake each in The Bat-
tersea Phase 2 Holding Company
Ltd, a wholly-owned subsidiary of
Battersea Project Holding Com-
pany Ltd. The remaining 20%
stake is held by the Employees
Provident Fund (EPF).
PNB-Kwasa International 2,
meanwhile, is 65% owned by Per-
modalan Nasional Bhd (PNB)
and 35% by the EPF.
The sale and purchase agree-
EDITOR’S PICKS FROM
theedgemarkets.com
Top Glove 1Q net profit grows 4%
as revenue hits record high
BY A HMA D NAQ I B I D RIS
KUALA LUMPUR: Top Glove
Corp Bhd’s net profit grew 4.4% to
RM110.06 million in the first quar-
ter ended Nov 30, 2018 (1QFY19)
from RM105.45 million a year ear-
lier, as sales jumped on strong de-
mand growth in both developed
and emerging markets.
Quarterly revenue rose 34.5%
to a record high of RM1.26 billion,
from RM938.12 million in the
previous corresponding quarter.
“Additional capacity available
from newly completed factories
coupled with higher utilisation,
as well as ongoing operational
improvements, resulted in bet-
ter efficiency. Meanwhile, lower
average raw material prices also
boosted margins and profitabil-
ity, with Ebidta (earnings before
interest, taxes, depreciation and
amortisation) margins improving
to 16.3% from 16.1% in 1QFY18,”
said the group in a statement.
However, its performance was
partly offset by higher interest
costs from funding for mergers
and acquisitions and organic ex-
pansion, as well as lower contri-
bution from the vinyl glove seg-
ment amid intense competition.
“We have commenced the
new financial year 2019 on
healthy and positive note. It is
not easy to keep delivering strong
results amidst an increasingly
ment was signed last Friday and
the transaction is expected to be
completed in the first quarter of
2019, S P Setia and Sime Property
said in a joint statement yesterday.
“We are pleased with the sale of
the Phase 2 commercial assets. It
will bode well with our business
plans as we continue to play a ma-
jor role in the overall development
of this iconic project. S P Setia is
fully committed and positive on
the long-term prospects of the pro-
ject,” said S P Setia president and
chief executive officer Datuk Khor
Chap Jen.
“We would like to thank all the
parties involved in evaluating this
acquisition and making this trans-
action a success. The commitment
shown by all demonstrates the con-
fidence in this iconic London land-
mark development,” added Khor.
challenging operating environment
and this is largely the result of our
concerted marketing efforts, and
ongoing quality and efficiency en-
hancement programmes,” said Top
Glove executive chairman Tan Sri
Dr Lim Wee Chai.
Meanwhile, the group’s expan-
sion plans are on track, including
works for its newest factory in Thai-
land, scheduled to be operational
in the second quarter of 2020, while
its Vietnam facility is expected to
be operational by the third quar-
ter of 2020.
Upon completion of its expan-
sion plans, Top Glove will have a
total of 796 production lines and
production capacity of 75.3 billion
gloves per year, by December 2020.
Going forward, the group expects
the challenging environment to con-
tinue in 2018, amid intensifying com-
petition and cost increases due to the
impending increase in minimum
wage effective January 2019.
However, Top Glove expects de-
mand for rubber gloves to continue
growing, especially in emerging
markets.
“We have started our financial
year well, with a healthy set of re-
sults. I am confident that as we
continue to focus steadily on im-
proving our quality and efficiency,
as well as adopting technological
advancements across our opera-
tions, we can look forward to a very
good year ahead,” said Lim.
Sime Property group managing
director Amrin Awaluddin said:
“This is an important milestone in
the development of the Battersea
Power Station site, and it is a strong
sign of confidence in the long-term
success of this global property icon.
We are pleased to have secured this
commitment from two of Malaysia’s
leading institutions.”
The Phase 2 commercial prop-
erty is part of the restoration of the
iconic power station building itself
and is expected to reach comple-
tion at the end of 2020, opening to
the public in 2021, PNB and EPF
said in a separate joint statement.
The commercial area purchased
comprises, among others, 540,000
sq ft of premier Grade A offices,
420,000 sq ft of retail, food and
beverage and leisure as well as
various event spaces.
Scomi confirms Mumbai monorail contract termination
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Scomi Group
Bhd confirmed yesterday that
the Mumbai Metropolitan Re-
gion Development Authority
(MMRDA) has terminated the
monorail contract awarded to
Scomi and its Indian partner
10 years ago.
Scomi’s unit, Scomi Engineer-
ing Bhd and Larsen & Toubro Ltd
(L&T) are the two members of a
consortium that operates India’s
first monorail network.
The consortium was award-
Tune Protect CEO Razman to step down on Dec 31
BY ARJ U NA C HANDRAN S HANK AR
KUALA LUMPUR: Tune Protect
Group Bhd’s group chief execu-
tive officer (CEO) Razman Hafidz
Abu Zarim, 63, will be retiring
from his position on Dec 31 as he
has decided not to seek a reap-
pointment upon the expiry of his
regulatory tenure with the group.
WZ Satu bags RM133.5m Gemas-JB double track job
BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: WZ Satu Bhd’s
wholly-owned unit WZS BinaRaya
Sdn Bhd has bagged a RM133.5
million subcontract job to con-
struct bridges from Genuang to
T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
Some 500,000 sq ft of the office
space has been leased to Apple for
its new London campus, provid-
ing a strong base for the creation
of new and thriving communities
around the development.
The overall Battersea area is be-
ing developed over seven phases
since 2012. Some 867 residential
units in Phase 1 have been suc-
cessfully completed and delivered
over the past two years.
PNB president and group chief
executive Datuk Abdul Rahman Ah-
mad said the acquisition enables
PNB to consolidate its strategic own-
ership in the development, which
is expected to deliver a sustainable
income stream and potential capital
appreciation in the future.
He noted that under the terms
of the acquisition, PNB-Kwasa In-
ternational 2 is given a minimum
ed the contract for the design,
development, construction, op-
eration and maintenance of the
19.5km monorail network in the
Mumbai Metropolitan Region in
November 2008.
Scomi, in its filing with Bur-
sa Malaysia, did not state the
reason for the termination but
Indian media reports said it was
because the consortium had
failed to fulfil its contract obli-
gations despite getting several
extensions.
Scomi said it is in discussions
with L&T “with a view to fully en-
Razman joined the group as
chairman in 2012 and was redes-
ignated as group CEO on July 15,
2016. He is also an independent di-
rector at Hartalega Holdings Bhd.
“He will officially retire from
his position as group CEO of Tune
Protect Group Bhd on Dec 31,
2018, thereafter he will assume
an advisory role to the board of
Paloh for the Gemas-Johor Baru
electrified double-track project.
The company has accepted
the letter of award from SIPP-YTL
joint venture for the project, which
commenced yesterday and is ex-
pected to be completed by May 17,
guaranteed yield throughout the
construction period and up to five
years post-completion with a price
adjustment mechanism to account
for any difference in actual rent-
al income compared to forecast.
“This will ensure downside pro-
tection for PNB and EPF whilst en-
abling the seller to earn-out upside
in the development should the ac-
tual rental income perform better
than expected,” he said.
EPF deputy chief executive of-
ficer (investment) Datuk Mohamad
Nasir Ab Latif said the fund is com-
mitted to seeing through the com-
pletion of the Battersea project.
“As an integrated development
backed by strong tenants, we are
confident in the potential of the
Phase 2 commercial property to
yield sustainable and long-term
rental income for the EPF,” he said.
force the consortium’s rights un-
der the contract in respect of the
notice of termination, including
taking all necessary legal proceed-
ings by acting on the advice of its
solicitors”.
It added that the financial im-
pact of the termination for the fi-
nancial year ended March 31, 2019
is dependent on the outcome of
the legal proceedings.
The Press Trust of India (PTI)
news agency reported last Friday
that the MMRDA had decided to
take over the project and operate
the network on its own.
directors of the company until
July 14, 2019,” Tune Protect said
in a filing yesterday.
Separately, the group said it
has appointed Chen Ooi Wai, 48,
who is the group’s current chief
financial officer (CFO), as acting
group CEO. Chen is a chartered ac-
countant and has been the group’s
CFO since Sep 1, 2016.
2020, its Bursa Malaysia filing said.
WZS BinaRaya’s scope of work
encompasses the foundation to
the superstructure which includes
bored piling work, casting pilecap,
pier cross head, precast bream, deck
slab and other associated works.
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
IHH committed to Fortis investment
CEO reassures staff in internal memo after India’s Supreme Court blocked deal
BY CH E ST E R TAY
KUALA LUMPUR: IHH Healthcare
Bhd remains committed to its India
investment in Fortis Healthcare Ltd
despite new hurdles to acquire a
controlling stake in the latter, IHH
managing director and chief exec-
utive officer Dr Tan See Leng told
the group’s staff yesterday.
In an internal memo sighted by
The Edge Financial Daily, Tan said
although the Supreme Court of In-
dia had ordered the group’s acqui-
sition plan of Fortis to maintain the
status quo, the development does
not in any way diminish manage-
ment’s resolve and commitment to
grow the Indian healthcare group.
“We will continue to execute our
plans to stabilise Fortis and ensure
that it achieves its full potential
as part of the IHH family. You are
the heart and soul of Fortis. We are
confident that with your continued
support and efforts, we can move
forward together to make Fortis
India’s leading healthcare provid-
er,” he said.
Tan’s note to staff came after the
Supreme Court of India issued a
IHH Healthcare Bhd
Vol (mil)
60
50
RM5.35
40
30
20
10
0 4.0
Jan 2, 2018 Dec 17, 2018
directive last week that the “status
quo” be maintained in the sale of
the controlling stake in Fortis to
IHH. The ruling came after a con-
tempt petition filed by Daiichi San-
kyo Co Ltd in its dispute against the
former promoters of Fortis Malvin-
der Singh and his brother Shivin-
der Singh.
Daiichi Sankyo, a Japanese drug
maker, is seeking an arbitration
award amounting to US$385 mil-
lion (RM1.61 billion) from the Sin-
HOME BUSINESS 7
that IHH, PPL (Parkway Pantai Ltd)
and NTK were not a party to the
RM
proceedings before the Supreme
6.5 Court of India and that the order
Tan: We will
does not impact the subscription
continue to
which was completed on Nov 13,
6.0 execute our plans
2018 in accordance with applica-
to stabilise Fortis
ble law, resulting in IHH through
5.5 and ensure that
NTK owning 31.1% of the expanded
it achieves its full
voting share capital of Fortis,” the
5.0 potential as part
filing read.
of the IHH family.
The group is now in the process
The Edge file
4.5 of evaluating the court order and
photo
seeking appropriate legal advice
on the matter before deciding on
a future course of action.
“IHH remains the largest share-
holder of Fortis, having a controlling
gh brothers, following a dispute mandatory open offer to acquire stake of 31% by way of equity shares
with them arising from Daiichi another 26% shareholding in Fortis. allotted through preferential allot-
Sankyo’s acquisition of pharma- IHH said its wholly-owned sub- ment. IHH already made an infu-
ceutical company Ranbaxy Lab- sidiary Northern TK Venture Pte sion of INR 4,000 crore into Fortis
oratories Ltd. Ltd (NTK) and the persons act- last month to meet Fortis’ imme-
Daiichi Sankyo sought the court ing in concert will not be able to diate capital requirements and will
order to stop IHH from acquiring proceed with the open offer for ensure that it continues to oper-
Fortis because the Singh brothers the time being until further or- ate smoothly,” Tan, in the memo,
had pledged their shares in Fortis ders, clarifications or directions added.
to satisfy the award. are issued by the Supreme Court IHH shares closed five sen or
Following the court order, IHH or the Securities and Exchange 0.93% lower at RM5.35 yesterday,
announced in a Bursa Malaysia Board of India. giving it a market capitalisation of
filing yesterday it had paused its “The board also wishes to clarify RM46.92 billion.
8 HOME BUSINESS
Hiap Teck expects
better earnings
It will be mainly driven by the resumption of ESSB’s operation
BY JU S T IN L I M
SHAH ALAM: Steelmaker Hiap Teck
Venture Bhd, which turned around
in the financial year ended July 31,
2018 (FY18), is expecting even better
earnings in FY19, mainly driven by
its joint venture (JV) company, East-
ern Steel Sdn Bhd (ESSB), after the
latter resumed its plant operation in
July this year.
Hiap Teck Venture returned to
the black in FY18 with a net profit of
RM27.95 million. The company has
been in the red for the past three years
and posted net losses of RM77.09
million in FY15, RM41.56 million in
FY16 and RM102.98 million in FY17
respectively The losses were mainly
dragged down by ESSB, the 35%-
owned JV company that produces
steel slabs in Kemaman, Terengganu.
“The company’s earnings for the
past three years [were] dragged down
by ESSB. Today we have resumed the
operations of ESSB, as long as it start-
ed making profit, our earnings growth
in 2018 and 2019 will be very strong,”
Foreign selling of Malaysian
equities YTD hits RM11.1b — MIDF
BY SURIN MURUGIAH
KUALA LUMPUR: The pace of for-
eign investors selling shares on Bur-
sa Malaysia rose last week, taking
the year-to-date (YTD) outflow to
RM11.1 billion, according to MIDF
Research.
Foreign selling of Malaysian
equities on Bursa Malaysia last
week — the sixth uninterrupted
week of foreign selling — widened
to RM314.3 million, over three
times the RM80.3 million with-
drawn in the prior week said MIDF
Research’s Adam M Rahim in his
weekly fund flow report yesterday.
“[Last] Monday saw foreign
funds withdrawing RM171.8 mil-
lion net as disappointing China
inflation and trade data sapped
investor sentiment.
“Offshore investors continued
selling [last] Tuesday to a tune of
RM219.2 million net, the largest in
10 trading days, stretching the daily
selling streak on Bursa to four days.
“The sell-off was mainly trig-
gered by Theresa May’s postpone-
ment of a parliamentary Brexit vote
in addition Japan’s GDP (gross do-
mestic product) contracting the
most over four years which off-
set Wall Street’s overnight rally,”
Adam said.
Nonetheless, he said interna-
tional funds were net buyers on the
THE EDGE FILE PHOTO
its executive director Foo Kok Siew
(pic), told the press after its annual
general meeting yesterday.
For its first quarter for FY19, Hiap
Teck recognised RM4.26 million
losses from ESSB. As a result, the
company’s net profit came in lower
at RM10.3 million compared with
RM16.03 million a year ago.
Hiap Teck is also looking at
strengthening its export markets to
boost its earnings. Foo said the move
to expand export markets is to miti-
Weekly net flow of foreign
funds into Malaysian equities
since January 2017
(RM mil)
2,000
1,500
1,000
500
0 seven Asian markets he monitors.
-500
-1,000
-1,500
-2,000
-2,500
-3,000
Jan 6, Dec 8
2017
Sources: Bursa Malaysia preliminary
statistics, MIDF Research
next two days with last Thursday
recording the highest foreign net
inflow since early November this
year, at RM123.3 million.
He said optimism were sparked
by the US-China trade war thaw as
China planned to cut tariffs on US-
made to 15% from 40%.
The local bourse followed suit
to record gains above 0.5% on both
days, he said.
But the mood turned sombre
last Friday as China’s retail sales
grew at its slowest pace since 2003
while its industrial output rose the
least in three years.
“As such, foreign funds pulled
out RM133.1 million net of equities
from Bursa on the same day. With
gate any slowdown in local demand
for steel products given the weaker
economic growth.
The company is exporting its steel
products to countries like the Philip-
pines, Indonesia, Taiwan and Thai-
land. Foo noted the export market
helps the company to deliver higher
margin and he sees more room to
increase sales for the export market.
According to Foo, the sales from ex-
port stands at 15% of its total group
revenue.
On the Selangor pipe replacement
exercise front, Foo expects the com-
pany to be a beneficiary if Selangor
proceeds with this exercise.
“We are the largest steel pipe mak-
er, should the government proceed
[with] the pipe-replacement exercise,
there is enough capacity for us to take
it, and we are in Selangor, so we will
be the main beneficiary,” Foo said.
Foo added that the company has
the total production capacity of steel
pipe of 550,000 tonnes per annum. At
this junction, the factory is running
at about half of the capacity.
two more weeks before 2018 ends,
the YTD net outflow from Malay-
sia has reached RM11.1 billion or
US$2.73 billion,” he said.
Adam said although this amount
offsets last year’s net inflow, Malay-
sia is still the nation with the second
lowest YTD outflow amongst the
“The participation rate amongst
the various group of investors saw
a decline across the board. The av-
erage daily traded value of foreign
investors registered the smallest
Dec 7,
2018 weekly drop of 10.7% after declin-
ing below RM1 billion to RM991
million,” he said.
Meanwhile, equity markets
worldwide ended mixed again
last week as investors were on
tenterhooks, fearing a potential
government shutdown in addition
to development of trade trends
and Brexit, he said. He also noted
Brent crude oil price slipped 2.3%
last week to settle at US$60.28 per
barrel.
Regionally, he said internation-
al funds entered into higher gear
of selling last week. “Based on the
provisional aggregate data for the
seven Asian exchanges that we
track, investors classified as “for-
eign” offloaded US$1.35 billion net
last week, more than double the
amount sold in the week before,”
he added.
T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
Tranquillity Garden at Aira Residence, a property developed by Selangor
Properties.
Kayin raises Selangor Properties
privatisation offer to RM6 per share
BY S UPR IYA S UR E N D R A N
KUALA LUMPUR: Selangor Prop-
erties Bhd’s Wen family has re-
vised its privatisation offer to RM6
from RM5.70 per share previously.
In a filing with Bursa Malaysia
yesterday, CIMB Investment Bank
said the Wen family, via their vehi-
cle Kayin Holdings Sdn Bhd, has re-
vised the proposed selective capital
reduction (SCR) and repayment
offer price from RM5.70 to RM6.
Consequently, the issued share
capital of Selangor Properties will
be reduced by up to RM655 mil-
lion pursuant to the proposed
SCR.
As a result of the revised offer
price, the capital reduction is still
higher than the existing issued
share capital of Selangor Prop-
erties. Hence, a bonus issue is
still proposed to be undertaken
by Selangor Properties.
Selangor Properties said in
Unisem’s takeover offer seen
as unfair, unreasonable
BY S UPR IYA S UR E N D R A N
KUALA LUMPUR: Independent
adviser Public Investment Bank
Bhd (Public IB) has advised share-
holders of Unisem (M) Bhd to
reject the takeover offer from its
controlling shareholder and exec-
utive chairman/managing direc-
tor John Chia and China’s Tian-
shui Huatian Technology Co Ltd
(TSHT), saying it is not fair and
not reasonable.
In a filing with Bursa Malaysia
yesterday, Public IB said the offer
by the joint offerors was not fair, as
it was below the range of ascribed
equity value per Unisem share.
This is despite the offer price
representing a premium ranging
from 11.1% to 40.43% over the
historical share price of Unisem.
“The ascribed equity value of
the entire equity interest in the
group ranges from RM3.14 bil-
lion to RM3.91 billion or equiv-
alent to RM4.31 to RM5.38 per
Unisem share.
“The offer price of RM3.30 is
below the range of the ascribed
equity value per Unisem share and
represents a discount of RM1.01 to
RM2.08 or equivalent to 23.43% to
38.66% to the ascribed equity value
per Unisem share,” Public IB said.
It also noted that the offer is
not reasonable, as the joint offer-
ors intend to maintain the listing
status of Unisem and do not in-
October that the proposed SCR
is expected to be funded by the
company’s internally generated
funds and bank facilities obtained
by the company.
The group’s balance sheet as at
July 31 shows that its cash balance
stood at RM264.2 million and fi-
nancial assets (including fixed
income investment funds) was
at RM702.9 million. Its net asset
per share was at RM7.19.
Selangor Properties owns sev-
eral plots of prime land and office
buildings in Damansara Heights
and Bukit Tunku. Among its prici-
est properties is the 25-storey Me-
nara Millennium in Damansara
Heights, which fetched a book
value of RM361.93 million, ac-
cording to its annual report for the
financial year ended Oct 31, 2017.
Selangor Properties shares rose
19 sen or 3.56% to close at RM5.52
yesterday, with a market capital-
isation of RM1.9 billion.
tend to acquire shares that they
do not own post takeover. This
means shareholders may still re-
alise their investment in the open
market at a higher price than the
offer price.
Unisem’s board of directors —
save for those involved in the offer
who abstained from deliberations
— concurred with Public IB’s find-
ings that the takeover offer is nei-
ther fair nor reasonable. As such,
they advised and recommended
shareholders to reject the offer.
Nevertheless, the board is of
the view that the offer presents
an opportunity for the holders
to materialise their investment
in Unisem, considering the pre-
mium it offers over the last traded
price of Unisem shares, prior to
the announcement of the offer.
The takeover bid’s joint offer-
ors are Chia, Unisem executive
director Alexander Chia, Jayvest
Holdings Sdn Bhd, SCQ Indus-
tries Sdn Bhd, Huatian Electronics
Group (HK) Ltd (HT Hong Kong),
and Huatian Technology (Ma-
laysia) Sdn Bhd (HT Malaysia).
HT Hong Kong and HT Malaysia
represents TSHT and its holding
company, Tianshui Huatian Elec-
tronics Group Co Ltd.
Unisem shares closed un-
changed at RM3.22 yesterday, af-
ter 4.18 million shares were done,
with a market capitalisation of
RM2.34 billion.
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
Brexit not the only thing to watch
when buying a London home
Overseas buyers are selling out; lower immigration hits demand
BY N EI L C AL L A N A N
LONDON: Brokers have been quick to blame
the uncertainty around Brexit for the down-
turn in London property prices, but beneath
the surface there is a number of factors sug-
gesting declines may be inevitable no matter
what the outcome.
Home values in the city have finally turned
negative, according to a Bloomberg analysis
of Land Registry data, months after analysts
expected them to begin falling. It is also be-
coming increasingly apparent that the hous-
ing market may be in worse shape than it
looks. According to one metric, sales are at
a record low.
Here are other things to look at, under-
scoring that the capital’s property market is
heading for trouble:
Luxury rebound myth
Estate agents have been predicting the recovery
of the prime central London market for years,
pointing to an uptick in viewings as proof of
demand. But the picture may be drastically
different on the ground, as seen with Lon-
don Central Residential Recovery Fund Ltd,
a property fund that owns a portfolio of rental
homes in the city’s most expensive districts.
Sales are at their lowest level since records
began and many properties that do come on
the market are being treated as distressed, the
manager told investors last month. The fund,
coming to the end of its eight-year duration,
urged shareholders to vote against winding
down the portfolio, saying it expects offers of
about 17.5% below March valuation levels if
it were to sell its properties now.
That could be a “conservative estimate”
if buyers were to perceive the fund as a dis-
tressed vendor because it was being liquidated,
the filing said. Investors heeded the warning
Dubai Investments Park is said
to hire HSBC, Citigroup for sukuk
BY A RC H AN A N A RAYA N A N & AR IF SHARIF
DUBAI: Dubai Investments PJSC’s (DIP) prop-
erty unit hired HSBC Holdings plc and Citi-
group Inc to sell Islamic bonds early next year
as it seeks to refinance an existing sukuk, ac-
cording to people with knowledge of the plans.
Dubai Investments Park Development Co
(DIPDC), which develops and manages prop-
erty for the holding company, is also working
with First Abu Dhabi Bank PJSC, Emirates
NBD PJSC and Dubai Islamic Bank PJSC to
place the five-year notes, said the people,
asking not to be identified because the infor-
mation is private. The sale could raise about
US$500 million (RM2.09 billion), one of the
people said.
“The DIP sukuk 2014 is maturing in Febru-
ary 2019 and DIPDC is considering refinancing
the sukuk through various means including a
potential sukuk issuance,” Khalid Bin Kalban,
chief executive officer and managing direc-
tor of Dubai Investments, said in an emailed
statement without giving further details.
Dubai Investments, whose businesses span
real estate, manufacturing, financial servic-
es, healthcare and education, posted a 13%
P R O P E RT Y 9
tech industry, whose huge growth has helped
them get the deposit they need to purchase a
home. This year is different — the drop in tech
share prices in the second half means they will
have less to spend than they thought.
Big buyers turn sellers
Some overseas investors who made a splash
in the London market are selling out.
When billionaire Wang Jianlin decided
to sell one of the largest luxury residential
projects under development in London, his
firm turned to a buyer it knew well: Guang-
zhou R&F Properties Co. The Chinese de-
veloper, together with CC Land Holdings
Ltd, had earlier partnered to replace Wang’s
Dalian Wanda Group Co Ltd as the buyers
Filepic of doormen dressed in floral pattern suits standing on duty outside of Annabel’s private members club, of the adjacent 10-acre (4.04ha) Nine Elms
adorned with thousands of flowers in Mayfair in London, Britain. Photo by Reuters Square land.
Construction slowdown
and voted earlier this month against closing The wider London market is seeing a Construction activity in London has fallen
down the fund. “marked slowdown in volumes and down- a little in recent months, particularly in res-
ward pressure on price,” according to Crest idential development, Jon Di-Stefano, chief
Big discounts Nicholson plc. The data support their view. executive officer at Telford Homes, said in
Mayfair, home to hedge funds and luxury retail a filing last month. Crest Nicholson plc told
stores, provides one example of the discounts Net immigration investors there is “softness” in the building
on offer to purchasers in prime central Lon- Demand for London homes, both rentals and market and that it took advantage of a rise in
don. Buying agent Black Brick says it recently owned, has been boosted by immigration from the availability of subcontractors to lock up
acquired a home in the district for £15 million the European Union. If net immigration slows longer-duration contracts.
(RM79.05 million) on behalf of a client after it after the Brexit vote, then demand could fall,
was repossessed. The asking price had earlier those leaving could contribute to an increase Broker woes
been £25 million. in supply by selling their homes and landlords Even estate agents are finding it hard to make
could opt to offload properties amid weaker money these days. Online brokers Emoov Ltd
Off-plan sales slowdown demand from tenants. and units of Tepilo Holdings Ltd went into ad-
The days of homebuyers queuing to snap up ministration earlier this month. It came just
homes before they are even built appear over Tech downturn months after Emoov had acquired Tepilo, and
after increases in taxes damped overseas de- Home values rose more in hipster-favourite subsequent attempts to find a buyer for the
mand. Telford Homes plc said it was “disap- Hackney in east London than in any other local combined business had not been successful,
pointed” with the UK and overseas launch of borough in the UK over the past 20 years, the according to a Dec 3 statement. A number of
its Gallions Point project after securing just 15 Evening Standard reported earlier this year, cit- prospective purchasers have indicated they
sales for the 127-home project near London ing a report by broker Cushman & Wakefield. would be interested in acquiring part of the
City Airport. Many of those who moved there work in the business. — Bloomberg
*
Residential property belonging to DIP.
decline in nine-month profit to 724 million
dirhams (RM822.91 million).
Sales of Islamic bonds in the six-nation
Gulf Cooperation Council, which include the
two biggest Arab economies of Saudi Arabia
and the United Arab Emirates, have declined Colossal
22% this year to US$17.4 billion, according to price of
data compiled by Bloomberg. Still, Middle May’s
East sukuk have returned 0.9% so far this year, immigration
compared with a 0.1% return for convention-
al bonds, according to JPMorgan Chase & Co obsession
indices. — Bloomberg Page 14
10 H O M E
RM47b lost to graft last year
Corruption costs nation 4% of GDP annually, says Wan Azizah
KUALA LUMPUR: Malaysia lost
RM47 billion in gross domestic prod-
uct (GDP) to corruption last year,
said Deputy Prime Minister Datuk
Seri Dr Wan Azizah Wan Ismail. She
said a similar amount, of about 4% of
GDP, was lost to corruption annually
since 2013, according to Transpar-
ency International Malaysia.
“What can we do with RM47 bil-
lion? It is more than [what] we spend
on education and is almost double
the amount spent on healthcare in
2017. Imagine what we could do
if we had access to these funds; if
Bersatu forms
panel to vet
ex-Umno leaders’
applications
KUALA LUMPUR: Parti Pri-
bumi Bersatu Malaysia (Ber-
satu) has set up a committee
to screen membership appli-
cations from ex-Umno leaders.
Bersatu president Tan Sri Mu-
hyiddin Yassin said the com-
mittee was chaired by his dep-
uty and Kedah Menteri Besar
Datuk Seri Mukhriz Mahathir.
“This committee will first
carefully study each member-
ship application received to
ensure that the applicants have
not been involved in any cor-
rupt practice, abuse of power
and crime,” he said in a state-
ment on his Facebook page.
Muhyiddin said Bersatu
would also get assistance from
the Malaysian Anti-Corruption
Commission and Royal Malay-
sia Police for the vetting pro-
cess, besides carrying out an
internal evaluation.
He said the party’s leader-
ship council would only make
the decision of approving or re-
jecting any of the applications
after receiving the committee’s
report.
In Parliament, PKR advisory
council chairman Datuk Seri Dr
Wan Azizah Dr Wan Ismail reit-
erated that the party would not
accept former Umno leaders
as it was not sure if they could
bring about a reform agenda
for the country.
She said those who had
joined the party before the
14th general election (GE14)
were obviously there because
of the reform agenda.
“At the moment, we will
not accept Umno [members].
Those who have been with us
before GE14 have given us the
confidence and faith that they
want reforms. As for the oth-
ers, we need to see. We have
to engage them. The people
have sought change and a new
government to bring reforms
to the country,” she said at the
Parliament lobby. — Bernama
they were spent on improving our
potholed roads, easing congestion
in our public hospitals or providing
scholarships for the deserving to
advance their education?
“Imagine if the most vulnerable
of our society — our women, chil-
dren [and] the poor — did not have
to rely on bribes and ‘knowing the
right people’ to get services they
need,” she said in her keynote ad-
dress at the United Against Corrup-
tion: Anchoring Anti-Corruption in
Good Governance forum.
Dr Wan Azizah said that contrary
Nurul Izzah quits as PKR veep,
Penang PKR chief
KUALA LUMPUR: Permatang Pauh
member of parliament Nurul Izzah
Anwar has announced her resig-
nation as the PKR vice-president.
Nurul Izzah said she had also
relinquished her appointment as
the Penang PKR chief.
“The leadership has been in-
formed of my decision,” she said
in a statement yesterday. But Nurul
Izzah said she will remain as a mem-
ber of the parliamentary backbench
and as an ordinary PKR member.
“I will also no longer serve the
federal government in any capacity.
I leave the decision as to my role in
the Penang state government-linked
companies to the party leadership.
“I remain a member of the par-
liamentary backbench committed
to reforms. I also leave to the lead-
ership the decision as to my status
as a member of the Public Accounts
Committee (PAC). I had earlier re-
linquished my post as [the] chair of
the Bills Committee in favour of the
PAC,” she said.
She said the general election on
May 9 this year had been a water-
shed for many reasons, including
Zahid should seek vote of confidence — veteran Umno leader
GEORGE TOWN: Umno president
Datuk Seri Dr Ahmad Zahid Hamidi
should call for a special Umno gen-
eral assembly to seek a vote of confi-
dence in his leadership, said Umno
veteran Tan Sri Mohd Yussof Latiff.
He said according to Clause 8.5
of Umno’s constitution, the special
general assembly could be held in
any of these three situation — upon
a call from the president, upon a
written request from two-thirds of
the Supreme Council members and
upon a written request by at least
half of the total number of party
divisions.
“If Ahmad Zahid makes the call,
it would be an honourable move
as he should really ask for a vote of
confidence. However, if the request
comes from the second and third
to popular belief, corruption does
not only occur at the highest levels
of government.
“A PricewaterhouseCoopers re-
port in 2016 showed that bribery
and corrupt activities among pri-
vate entities in Malaysia rose from
19% in 2014 to 30% in 2016. Go fur-
ther down, and you will find more
examples even in mundane daily
activities, such as trying to bribe
away a traffic summons,” she said.
Dr Wan Azizah, who is also the
women, family and community de-
velopment minister, said the govern-
THE EDGE FILE PHOTO
Nurul Izzah: The leadership has been
informed of my decision.
a peaceful transition of the federal
power and that Malaysians saw the
enlargement of their democratic
space for reforms to be initiated.
However, she said, the success-
ful completion of the promised re-
form agenda by Pakatan Harapan
remained to be seen.
As such, she said, it remained
crucial for all stakeholders to con-
tinue to press for the fulfilment of the
reforms, as well as the continuation
sources, it would be seen as if they
are seeking for a vote of no-confi-
dence in his leadership,” he told a
press conference.
Mohd Yussof said this in response
to numerous calls, including from
former Umno leaders, for Ahmad
Zahid to resign as the party pres-
ident.
Mohd Yussof, who is also the
president of the Penang Malays’
Association, said the former deputy
prime minister should consider the
calls for the sake of Umno’s future
and also to enable him to focus on
clearing his name in court as he had
been slapped with various charges,
including criminal breach of trust.
In Selangor, the state Umno com-
mittee said the party’s three wings
remained loyal to the party when
T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
ment changed overnight last May,
but it would take much longer for
the government to address the cor-
ruption that had become endemic
in various institutions.
“I am under no illusion that
changes will occur overnight, but I
am confident that this new coalition
that came together to bring down
the previous kleptocratic regime will
work together through these grow-
ing pains to implement long-lasting
institutional reforms that will serve
to protect the interests of the peo-
ple,” she said. — Bernama
of policies and programmes of the
previous government if proven to
be beneficial to the public.
Nurul Izzah noted that her jour-
ney in politics began in 1998 more
as a political awakening and even-
tually as part of the central leader-
ship of the PKR.
“There are beliefs and ideals I
hold dear, and I feel that I can be
most true to them by taking this
course of action I am now announc-
ing,” she added.
She said her only regret was not
making the announcement sooner.
“It has not been an easy decision
to arrive at. The pace of political
developments has been relentless
for the last nine months, with party
elections following a gruelling gen-
eral election campaign,” she said.
Responding to Nurul Izzah’s
resignation, Prime Minister Tun Dr
Mahathir Mohamad said she would
have her own reasons for doing so.
“I am not from PKR; I do not
know. She must have her reason.
I don’t know anything about what
is happening in PKR,” he said, an-
swering a media query. — Bernama
asked about Selangor Umno’s sup-
port for Ahmad Zahid.
State Umno liaison chairman
Datuk Seri Ismail Sabri Yaakob said
it remained loyal to the party even
though one of its members of par-
liament (MPs), Datuk Mohd Fasiah
Mohd Fakeh, quit last Friday.
Ismail Sabri said all four Umno
state assemblymen, namely Rizam
Ismail, Datuk Rosni Sohar, Datuk
Mohd Imran Tamrin and Datuk
Mohd Shamsuddin Lias, also stood
by the party.
“On the status of Tanjong Karang
MP Tan Sri Noh Omar, he is currently
in Makkah performing [the] umrah
so we can’t talk about it, but I believe
he has so far maintained his status
as an Umno member,” he said in a
press conference. — Bernama
IN BRIEF
Prosecution wants to
transfer Adnan’s bribery
case to High Court
KUALA LUMPUR: The pros-
ecution in the case of a busi-
nessman charged with giving
a bribe of RM1 million to for-
mer federal territories minis-
ter Datuk Seri Tengku Adnan
Tengku Mansor will file an ap-
plication to transfer the case
from the Sessions Court to the
High Court here. Deputy pub-
lic prosecutor Lailawati Ali in-
formed the Sessions Court of
this when the case, involving
Datuk Tan Eng Boon, came up
for mention before Sessions
Court Judge Azura Alwi. “The
prosecution will apply for the
case to be transferred to the
High Court and will also file an
application for it to be jointly
tried with a case facing Tengku
Adnan,” she said. — Bernama
Cameron Highlands
parliamentary seat
declared vacant
KUALA LUMPUR: The Dewan
Rakyat has received a notice
from the Election Commission
that the Cameron Highlands
parliamentary seat has been
declared vacant with effect
from Saturday. Dewan Rak-
yat Speaker Datuk Mohamad
Arif Md Yusof said the seat fell
vacant as the incumbent Datuk
C Sivarraajh had not made his
final appeal against the court
ruling within the stipulated
date of Dec 14. “Sivarraajh has
failed to file the latest appeal
on Dec 14, 2018 pursuant to
Section 36A of the Election Of-
fences Act 1954 to the Federal
Court following the decision of
the election judge on Nov 30
declaring that the 14th gener-
al election result for Cameron
Highlands on May 9 was void,”
the Speaker said. — Bernama
Civil servants to receive
RM500 special payment
KUALA LUMPUR: Some 1.4
million civil servants will get
a special payment of RM500
today under Budget 2019, said
Finance Minister Lim Guan
Eng. He said the special pay-
ment, which will cost the gov-
ernment RM1 billion, will for
the first time be paid in the
same year that the budget was
announced, instead of the fol-
lowing year. He said the gov-
ernment had decided to pay
before the end of the year to
help parents in the civil ser-
vice with their children’s school
preparation for the new year. —
By Syahirah Syed Jaafar
Dr M’s bid to nullify
RCI’s findings struck out
KUALA LUMPUR: The High
Court has struck out a suit
filed by Prime Minister Tun
Dr Mahathir Mohamad to ne-
gate the Royal Commission of
Inquiry’s (RCI) report on for-
eign exchange losses suffered
by Bank Negara Malaysia in the
90s. Lawyer Mohamed Haniff
Khatri Abdulla, representing Dr
Mahathir, said the decision was
made by Judge Datuk Azizah
Nawawi. — Bernama
TUES DAY DEC E MBE R 1 8 , 20 1 8 • T HEED G E FINA NCIA L DA ILY 11
12 B R O K E R S’ C A L L T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

Gamuda eyes rail jobs SCGM expected to expand exports

due to big and consistent orders
SCGM Bhd Separately, resin prices, which

in S’pore, Australia,
(Dec 17, RM1.05)
Maintain neutral with an un-
changed target price of RM1.39:
We understand that there is a
one-month delay in the plant
made up 65% of the total operat-
ing cost, have finally seen a slide
after hitting a peak in August as
oil prices have tumbled more
than 30% since October.

Vietnam and Taiwan

migration timeline and it now The composition of its resin
targets to completely move in application is made up of poly-
by end-January 2019. propylene (50%), polyethylene
As of now, about 65% of the terephthalate (40%) and poly-
machineries from the old plant styrene (10%).
have been moved into the new On a more positive side, the
Kulai plant, which will house 13 company has no hedging poli-
units of extrusion machines and cy for its resin materials, which
Gamuda Bhd Gamuda Bhd 29 units of thermoforming ma- will see savings in resin cost in
(Dec 17, RM2.22) chines with a total extrusion ca- the near term, though there is a
Maintain reduce with a lower tar- FYE JULY (RM MIL) 2017A 2018A 2019F 2020F 2021F pacity of 62.6m kg/year (up from lagging effect of two months. We
get price (TP) of RM2.12: Gamuda Revenue 3,211 4,227 4,058 4,054 4,050 36m kg/year). expect to see a significant drop in
Bhd’s first financial quarter ended Operating Ebitda 530.1 511.4 524.2 486.5 490.0
It is worth noting that the material cost by 4QFY19.
Oct 31, 2018 (1QFY19) core net company has started recognis- The group’s management is
Net profit 602.1 513.9 584.4 580.3 585.1
profit of RM226.2 million made ing depreciation expenses from interested in expanding its export
up 28 to 29% of the consensus and Core EPS (RM) 0.25 0.21 0.24 0.24 0.24 the new plant as it has already segment, which currently makes
our full-year forecasts. Core EPS growth (%) (3.8) (14.7) 13.7 (0.7) 0.8 commenced operations, albeit up 33% of its sales. Despite the
We deem this to be broadly in FD core PER (x) 9.87 12.45 10.95 11.03 10.93 on a small scale. This resulted overseas margins being lower, or-
line we expect weaker mass rap- DPS (RM) 0.12 0.12 0.12 0.12 0.12 in a quarterly increase of RM1 ders are huge and more consistent
id transit 2 (MRT 2) joint venture Dividend yield (%) 5.07 5.07 5.07 5.07 5.07 million year-on-year (y-o-y) in compared with the local market.
(JV) profit from 2QFY19 given the EV/Ebitda (x) 15.53 16.38 15.97 17.12 16.91
depreciation expenses since the In line with the new govern-
timing of cost rationalisation and first financial quarter ended July ment’s aim of reducing plastic use
P/FCFE (x) 15.18 8.48 17.76 18.47 17.91
conversion into a turnkey model. 31, 2018 (1QFY19). to be more environmental-friend-
We also believe property sales Net gearing (%) 56.0 54.3 55.0 53.7 52.5 Meanwhile, the lunchbox and ly, the company is pushing for
could be weak. P/BV (x) 0.73 0.72 0.72 0.71 0.70 cup segment, which made up biodegradable products by col-
The bulk of the 15.7% year-on- ROE (%) 8.38 6.83 7.70 7.58 7.56 18% of group sales, saw more laborating with the US and Indo-
year decline in 1QFY19 core net CIMB/consensus EPS (x) 0.94 0.88 0.85 competitive pricing as the result nesian partners for research and
profit came from the loss of con- Sources: CIMB Research, company reports
of an influx of new players. development, which is expected
tributions from the Splash wa- The company scaled down cup to take six to nine months.
ter treatment concession. The six production in 2QFY19 as it was Reinvestment allowances,
sen interim dividend per share ment arm has set its FY19 sales did not meet Bursa’s threshold). not commercially viable com- which can offset up to 70% of tax-
declared was in line with our ex- target at RM4 billion, which we The group aims to bid for rail pared with the normal 3% earn- able income, have not yet kicked
pectations. feel may be a tall order amid the contracts in Singapore, Australia, ings margin it made previously. in despite the commencement
The construction segment’s 9% expectation of a muted property Vietnam and Taiwan. We believe this Nevertheless, it still registered of operations of its new plant
pre-tax margin for 1QFY19 did not market in Malaysia. could take some time to materialise. a decent growth of 7% in 2QFY19 as current earnings are still not
reflect the impact of MRT 2 cost The sales target consists of Our FY19 to FY21 earnings per sales (-4.2% y-o-y for the first half favourable. — PublicInvest Re-
rationalisation and the forgone RM2.3 billion worth of local prop- share (EPS) forecasts are intact. of FY19). search, Dec 17
6% project delivery partner (PDP) erties, nearly double FY18’s RM1.2 We have maintained our “re-
margin as a result of the conversion billion. Nonetheless, the target duce” call, with a lower TP, as we SGCM Bhd
into a turnkey contract. will be supported by RM2.3 billion updated for balance sheet items CAGR
Recall that in November 2018, unbilled sales. (an unchanged 40% discount to FYE APRIL (RM MIL) 2017A 2018A 2019F 2020F 2021F (%)
the MMC-Gamuda JV’s contract Gamuda’s construction order revalued net asset value). Revenue 178.8 207.4 224.8 262.9 308.5 14.6
value for MRT2 (SSP Line) was book had swollen by 78% quar- Post-MRT2 cost rationalisation Gross profit 41.0 39.0 36.0 43.4 49.1 4.6
reduced by 22%, while the PDP ter-on-quarter to RM11.8 billion and cancellations of MRT3 and the Pre-tax profit 26.6 19.1 13.5 16.9 18.6 -8.6
model was converted into a fixed- as at end-October 2018. Kuala Lumpur–Singapore high- Core net profit 23.0 16.4 10.8 13.5 14.9 -10.3
price turnkey model. However, Gamuda noted that speed rail project, Gamuda has
EPS (sen) 11.9 8.5 5.6 7.0 7.7 -10.3
During the result briefing, it its order book also includes sever- emerged as the biggest loser in the
guided for an about 5% to 6% con- al packages of domestic building rail segment’s downturn. PER (x) 9.3 13.0 19.7 15.7 14.3
struction pre-tax margin for the contracts with a combined value of An upside risk is a revival of DPS (sen) 5.7 6.0 2.2 2.8 3.1
coming quarters. RM900 million that it has secured mega rail contracts. — CGSCIMB Dividend yield (%) 5.2 5.5 2.0 2.5 2.8
Gamuda’s property develop- year to date (not announced as it Research, Dec 16 Sources: Company, PublicInvest Research estimates

Staggered 1H imbalance cost pass-through seen for TNB

Tenaga Nasional Bhd
(Dec 17, RM12.92)
Maintain buy with a lower target
price (TP) of RM14.60: The im-
balance cost of Tenaga Nasional
Bhd (TNB) for the period of July
to December 2018 was announced
at RM1.8 billion, which translates
into 3.43 sen/kWh.
However, not all of the imbal-
ance cost will be passed through
the imbalance cost pass-through
(ICPT) mechanism for the first half
of financial year 2019 (1HFY19)
given the cost and revenue adjust-
ments for TNB.
Post-adjustments, the imbalance
cost that will be passed through
amounts to RM948 million, trans-
lating into a 2.15 sen/kWh average
monthly surcharge for 1HFY19,
higher than the 1.35 sen/kWh cur-
rently paid.
Domestic consumers will con-
tinue to be subsidised by the KWIE
(Electricity Industry Fund). Tenaga Nasional Bhd to our sales forecasts and revised
For the first time, the Incen- down our FY19 earnings forecast
tive-Based Regulation (IBR) reve- FYE DEC** (RM MIL) 2015 2016 16MFY17* 2018F 2019F by 7% to RM6.1 billion.
nue cap and price cap adjustments Revenue 43,286.8 44,531.5 63,244.0 50,573.5 52,666.2 Our FY18 earnings forecasts are
are factored into the ICPT mech- unchanged.
Ebit 7,695.3 9,072.0 12,512.6 9,160.5 8,939.6
anism — in Regulatory Period 1, Following the downward re-
this was supposed to be done at Pre-tax profit 7,133.7 8,456.8 10,945.1 8,290.5 8,072.6 vision of our earnings forecasts,
the end of the regulatory period. Core net profit 5,978.9 7,757.6 10,128.8 6,834.9 6,089.0 our TP has been revised down to
The revenue cap adjustment was FD EPS (sen) 105.9 137.5 179.5 121.1 107.9 RM14.60 per share (from RM16.80
determined at RM367 million, and EPS growth (%) 27.7 29.7 30.6 (32.5) (10.9) per share earlier).
there were also several other items PER (x) 12.5 9.6 7.4 10.9 12.3 However, our “buy” call has been
factored in, including refunds of ex- Net dividend (sen) 29.0 32.0 82.4 60.6 53.9 maintained, following an already
cess single-buyer working capital. steep share price correction after
Net dividend yield (%) 2.2 2.4 6.2 4.6 4.1
All in, adjustments, including TNB’s weak third financial quarter
revenue and price cap adjustments, Payout ratio (%) 26.7 24.5 48.1 50.0 50.0 ended Sept 30, 2018 results released
amount to RM564 million. The ad- * 16-month period due to change in financial year end from Aug to Dec recently.
justments were higher than our ** FYE Aug prior to FY17 Our dividend yield forecast is de-
Sources: Company, MIDF Research
earlier expectations given the var- cent at 4.1% (based on a more con-
iance in forecast sales volume as servative 50% payout assumption).
well as other revenue adjustments transition period for non-domestic creased to 2.55 sen/kWh. All in, this Key catalysts include: i) Peaking
made (refunds) that were earlier consumers. should work out to an average 2.15 capital expenditure (the cycle sug-
unanticipated. For January to February 2019, the sen/kWh surcharge per month. gests room for a dividend upside);
The ICPT pass-through for ICPT surcharge is maintained at 1.35 Given the higher-than-expected and ii) possible monetisation of
1HFY19 will be done on a stag- sen/kWh, while for March to June revenue adjustment for TNB, we backbone fibre assets via partners.
gered basis to allow for an adequate 2019, the ICPT surcharge will be in- have made adjustments accordingly — MIDF Research, Dec 17
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
B R O K E R S’ C A L L 13

DNeX expected to grow,

consolidate current ops
Dagang NeXchange Bhd Despite a large capital expend- not incur any penalties for the delays. Dagang NeXchange Bhd
(Dec 17, 22.5 sen) iture for ongoing developments, Recall that information technol-
Maintain buy with a lower target Ping Petroleum may potentially pay ogy (IT) segment earnings before FYE DEC (RM MIL) 2016 2017 2018E 2019F 2020F
price of 41 sen: Dagang NeXchange dividends, given strong cash flows interest and tax margin fell to 14.6% Revenue 178.5 203.9 284.2 306.9 232.2
Bhd’s (DNeX) management said its from Anasuria’s operations. To recap, in the third quarter ended Sept 30, Ebitda 34.3 57.2 86.0 101.5 87.1
30%-owned Ping Petroleum Ltd will OGPC Sdn Bhd secured a contract 2018 (Quarter-on-quarter: -3.6 per-
Depreciation (9.8) (13.2) (23.6) (29.5) (36.6)
continue enhancing production at to supply the portable container sys- centage point (ppts); year-on-year
the Anasuria cluster, off the North tem (PCS) to Petro Teguh (M) Sdn [y-o-y]: -19 ppts). DNeX revealed Net finance cost (0.6) 0.5 0.0 0.5 0.8
Sea in the UK, by strategically in- Bhd last year. Management noted the decline in margin was due to Associate & JV 33.7 22.2 23.0 28.7 31.5
creasing the number of wells. The that delivery is way behind sched- more newer contracts with lower Forex & EI 84.4 (0.1) 0.0 0.0 0.0
productivity enhancement initia- ule — year to date, only a PCS unit margin; an increase in manpower; PBT 142.1 66.6 85.4 101.1 82.7
tives will focus on existing producing had been delivered — primarily due and higher expenses incurred to stay Taxation & zakat (9.8) (11.4) (14.8) (17.5) (14.3)
fields — the Guillemot, Teal, Teal to delays from regulatory approval. competitive in the market. MI 1.5 1.4 (17.4) (22.8) (14.4)
South and Cook. Ping Petroleum We understand 41 PCSs are cur- However, the IT division’s reve-
Net profit 133.7 56.6 53.2 60.8 54.0
aims to boost production at Anas- rently completed or under construc- nue has risen significantly, recording
uria by about 15% next year. tion. Management is hoping to deliv- RM152.8 million in the cumulative Core net profit 49.4 56.7 53.2 60.8 54.0
However, management noted that er seven PCS units before end-FY18, nine months ended Sept 30, 2018, or Core EPS (sen) 2.8 3.2 3.0 3.5 3.1
no lifting will be performed at Anas- with the remaining to be delivered +52.7% y-o-y. We noted the National Diluted EPS (sen) 2.3 2.6 2.5 2.8 2.5
uria in the fourth quarter of financial in the first half of FY19. Single Window contract remains the Adj DPS (sen) 1.0 0.5 1.0 1.0 1.0
year 2018 (4QFY18), leaving total FY18 Owing to the persistent delays, main revenue generator for DNeX’s BVPS (RM) 0.2 0.2 0.3 0.3 0.3
lifting at four times against an earlier DNeX decided to take a more conserv- IT division. NTA/Share (RM) 0.2 0.2 0.2 0.3 0.3
guidance of five liftings. We understand ative approach via a temporary halt of We expect DNeX to take a step
Source: TA Securities
that 4QFY18 lifting will be delayed un- further PCS orders prior to the delivery back from merger and acquisition
til January 2019. Consequently, five of 41 units. While a slower-than-ex- activities and focus on growing and
liftings are anticipated in FY19. That pected delivery is undesirable for its consolidating its current businesses. and DNeX RFID Sdn Bhd — in se- SEALNET trade facilitation system
said, its Avalon field is expecting first cash flow, we noted DNeX’s task un- The group will leverage on the exper- curing and executing contracts. Ad- and a further development of the
oil in mid-2019, while production fa- der the contract is only to supply the tise of its subsidiaries — Genaxis Sdn ditionally, DNeX’s long-term outlook Anasuria and Avalon hubs by Ping
cilities will be completed in mid-2020. PCS. Therefore, we believe DNeX will Bhd, DNeX Telco Services Sdn Bhd seems secured, underpinned by the Petroleum. — TA Securities, Dec 17

MyNews FY18 earnings VS Industry’s new orders likely to

within expectations
MyNews Holdings Bhd
(Dec 17, RM1.43)
Maintain underperform with an
unchanged target price (TP) of
RM1.25: MyNews Holdings Bhd’s
financial year 2018 (FY18) core
profit after tax and minority in-
terests (Patmi) of RM26.5 million
(+10%) was within expectations at
95% and 93% of our and consensus
full-year earnings estimates. There
was no dividend declared for the
quarter as MyNews typically pays
dividend once a year in the second
quarter, bringing full-year dividend
per share to 1.0 sen (FY17: 1.0 sen).
Year-on-year, FY18 core Patmi
increased only 10%, with a net prof-
it margin contraction by 0.5 per-
centage point (ppt) to 6.8% from
7.3% in FY17 despite a +20% surge
in revenue, mainly due to higher
operating expenses (+30%). Gross
profit margin, however, improved
0.9 ppt to 37.7% from 36.8% in FY17
due to a better merchandise mix,
especially from the expansion of its
fresh foods offering to more outlets.
The higher operating expenses
were in tandem with opening 80
new outlets to 436 stores, as well as
higher staff costs, rental expenses,
and expenses incurred for a bigger
head office at Taman Sains in Kota
Damansara and a new Johor Baru
distribution centre.
Take note that the group’s effec-
tive tax rate of 19.3%, from 21.7% in
FY17, is lower than the Malaysian
statutory tax rate because one of its
wholly-owned subsidiaries, DKE
Technology Sdn Bhd, is a multime-
come from potential MNC customers
VS Industry Bhd The group is also
(Dec 17, 82 sen)
MyNews Holdings Bhd Maintain hold with a lower fair continuing with its
value of RM1.31: VS Industry cost rationalisation
FYE OCT (RM MIL) 2018A 2019E 2020E Bhd’s first quarter ended Oct 31, to streamline
2018 (1QFY19) results were below
Turnover 391.5 498.3 568.8
our expectations at RM54 million, operations in its
Ebitda 30.3 46.8 56.3
PBT 32.7 38.6 46.7
although accounting for 30% of China segment.
our full-year forecasts and 26% of
Net profit (NP) 26.5 32.1 38.7 consensus estimates as we antici-
Core net profit 26.5 32.1 38.7 pate weaker quarters ahead. This
Consensus (NP) 28.5 34.9 44.5 is after stripping one-off net losses impacted the ability to offset fixed
Earnings revision - - new of RM15 million, mainly from the costs. This was further exacerbated
EPS (sen) 3.9 4.7 5.7 loss on the disposal of its subsidi- by a loss on the disposal of a sub-
EPS growth (%) 10.3 21.0 20.7
ary and retrenchment costs related sidiary amounting RM5.4 million
to its China segment, as well as net in 1QFY19.
NDPS (sen) 1.0 1.0 1.0 foreign exchange loss. Prospects in the second half
BV/Share (RM) 0.38 0.44 0.49 1QFY19 core net profit rose of FY19 are expected to dampen
PER 37.3 30.8 25.5 35% despite a marginal increase due to expectations of a declining
P/BV (x) 3.8 3.3 3.0 in revenue after taking off one-off order flow from a key customer
Gearing (x) N cash N cash N cash net losses of RM15 million, versus for its Malaysia segment. How-
Net dividend yield (%) 0.7 0.7 0.7 a net gain of RM2 million in the ever, VS Industry is currently
Source: Kenanga Research
previous year. Profit before tax in serious talks with more than
(PBT) declined 8% mainly affect- five prospective multinational
ed by VS Industry’s Indonesia and corporation (MNC) customers
dia super corridor-status company, margin to be limited by higher staff China segments, despite improve- to secure new orders that would
enjoying certain tax incentives. and rental costs during this expan- ments in its Malaysia segment. fill up the excess capacity. The
Quarter-on-quarter, the fourth sionary period; and start-up costs For the Malaysia segment, group is also continuing with its
quarter ended Oct 31, 2018 (4QFY18) for an in-house food-processing fa- PBT rose 7% amid a 9% expan- cost rationalisation to streamline
core Patmi plunged 17% despite a cility, expected to be fully completed sion in revenue to a record high operations in its China segment
higher revenue (+12%), mainly due by January 2019 — supported by its of RM887 million due to higher in light of uncertainties from the
to a higher effective tax rate of 23.7% joint-venture companies, MyNews sales orders from VS Industry’s US-China trade war, higher oper-
from 12.7% in 3QFY18; higher op- Kineya Sdn Bhd and MyNews Ry- key customers. For the Indone- ating costs and an intense com-
erating expenses (+13%) in tandem oyupan Sdn Bhd. We maintained sia segment, on top of a 30% re- petition.
with opening 32 new outlets; and an our “underperform” call with an un- duction in revenue, the segment We maintained our “hold” call
unfavourable merchandise mix with changed TP of RM1.25 based on 27 recorded a loss before tax (LBT) on VS Industry following the recent
a lower gross profit margin by 1.5 ppts times FY19 estimated earnings per of RM1 million versus a PBT of fall in its share price as we believe
to 36.6% from 38.1% in 3QFY18, de- share, in line with regional peers’ aver- RM4 million in the preceding its prospects have been fairly fac-
spite launching the new house brand age price-earnings ratio, given the stiff year due to a weakening rupiah. tored in. A key upside risk to our
“Maru Kafe” in the quarter. MyNews competition in the saturated modern The China segment’s revenue outlook is the potential in secur-
plans to open about 70 new outlets convenience store market. Key risks continued to decline 27% amid ing new orders from prospective
in FY19, lower than the additional 90 include higher-than-expected sales, lower sales orders, while LBT wid- customers to fill up its additional
new outlets in FY18. and lower-than-expected operating ened approximately RM3 million capacity at its facilities. — AmIn-
Nonetheless, we expect earnings expenses. — Kenanga Research, Dec 17 as the suboptimal utilisation rate vestment Bank, Dec 17
14 C O M M E N T
Colossal price of May’s
immigration obsession
She tries to end freedom of movement at almost any cost but Brits are wondering if it is worth the cost
BY L I O N E L L AU REN T
C
racking down on
immigration is how
Theresa May (pic) has
chosen to interpret
the Brexit campaign’s
promise to “take back
control”. As a result, the UK prime
minister has ruled out one of the
more plausible alternatives to her
own European Union (EU) with-
drawal deal: The so-called “Nor-
way-Plus” idea, which would keep
Britain in the European single mar-
ket and force it to accept freedom
of movement from other countries
in the bloc.
Indeed, control of British bor-
ders is probably the most indelible
of May’s red lines in the Brexit ne-
gotiations. Even though she voted
Remain, she was always the fiercest
champion of the Conservative Par-
ty’s promise to cut yearly net mi-
gration to the “tens of thousands”
during her previous incarnation
as home secretary. Ivan Rogers,
the former UK ambassador to the
EU, said last week: “The entire EU
knows that where we have now
reached derives from her putting
the ending of free movement of
A climate-friendly financial system
BY M A JU N & C A I O KOC H -W ESER
THE climate conference in Katow-
ice, Poland, last week has been billed
as the most consequential since the
2015 summit, which produced the
Paris climate agreement. Amid un-
precedented public concern over
the threat posed by climate change
— fuelled by an alarming recent re-
port by the United Nations Intergov-
ernmental Panel on Climate Change
(IPCC), not to mention devastating
natural disasters around the world —
negotiators are seeking to establish
a set of rules for meeting the Paris
commitments. But, as is so often the
case, success will depend on finance.
The world’s advanced econo-
mies have made major financial
commitments in previous climate
negotiations. Yet it is far from cer-
tain that they will fulfil their prom-
ises, beginning with the provision
of US$100 billion (RM419 billion)
annually to developing countries
by 2020. According to the UN
Framework Convention on Climate
Change’s Standing Committee on
Finance (SCF), public finance from
developed to developing countries
to support climate change miti-
gation and adaptation amounted
to US$57 billion in 2016. When
taking account of private finance
mobilised by public support, flows
reached over US$70 billion in 2016.
people well above all other ob-
jectives.”
But while May was right about
immigration being one of the driv-
ing forces of the Leave vote, she
should note that British public
opinion on the matter seems to
be softening. As Rogers suggests,
May’s withdrawal deal can be seen
as trying to end freedom of move-
ment from the EU at almost any
cost, including a weaker econo-
my, being a rule-taker from Brus-
sels and swallowing demands for
guarantees on the Irish border. She
may no longer be totally in tune
with her electorate.
Brits increasingly think that Brit-
ain should prioritise staying in the
single market over ending freedom
of movement, according to the poll-
sters Opinium. That fits with other
surveys which put worries about
the economy and public services
above immigration. The numbers
are still close, but the trend is clear.
In early 2017, the split was 40-30 in
favour of prioritising an end to free
movement. Recently it has flipped
to 40-35 the other way.
None of this is to say that Brits
have become sanguine about con-
trolling immigration. But there does
However, that is a small fraction
of the US$2.4 trillion that the world
needs to invest in clean energy every
year between now and 2035 to keep
global temperatures within 1.5°C
of pre-industrial levels, as calcu-
lated by the IPCC. Whether rich
countries honour climate financ-
ing commitments made in previ-
ous negotiations, and the degree
to which developing countries can
accept flexibility in how financial
flows are measured, will be key to
advancing the climate talks at this
critical time. But, above all, climate
risk and consideration of long-term
sustainability will need to be embed-
ded in the world’s financial system
— from banks, asset owners, and
managers to insurance companies
and the capital markets that facili-
tate financial actors’ transactions.
The good news is that the world
is already moving in this direction,
thanks partly to the Task Force on
Climate-related Financial Disclo-
sures, formed in 2015 by the Finan-
cial Stability Board and the G20
Sustainable Finance Study Group.
Already, the task force has done
much to encourage financial in-
stitutions and companies to un-
derstand, assess, and disclose the
extent of the climate risks they face.
These frameworks and tools
are gaining traction and inspiring
concrete actions. The China-Unit-
seem to be rising concern about
whether it is worth the price of leav-
ing the single market. And the cost
of Brexit is already apparent. UBS
economists reckon the British econ-
omy is 2.1% lower than where it
would have been without the Leave
vote, equating to about £40 billion
(RM208.93 billion) of lost GDP.
At the same time, we have also
seen a drop in net migration since
the vote as EU workers avoid Brit-
ed Kingdom Green Finance Task-
force, for example, has established
a group of British and Chinese fi-
nancial institutions to pilot TCFD
reporting. It has also developed a
set of “Green Investment Princi-
ples” to promote low-carbon in-
vestments in the region comprising
China’s Belt and Road Initiative.
Then there is Climate Action
100+, an investor-led initiative
that seeks to motivate companies
to achieve the Paris agreement’s
goals by improving corporate gov-
ernance on climate change, curb-
ing emissions, and strengthening
climate-related financial disclo-
sures. So far, 310 investors with
more than US$32 trillion in assets
under management have signed
on to the initiative.
While market-based initiatives
are important drivers of innovation,
governments and regulators also
have a crucial role to play in acti-
vating green finance and ensuring
that climate risks are measured and
reported accurately. Here, steps
taken by the European Union (EU)
and China to steer finance towards
low-carbon assets stand out.
The EU’s action plan for a
greener and cleaner economy has
spurred an ambitious agenda to
advance the transition to a sus-
tainable financial system. Draft
regulations are designed to encour-
T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
PHOTO BY BLOOMBERG
ain. The yearly number has fallen
from about 336,000 at the end of
June 2016 to about 273,000 at the
end of June this year: a reduction
of 63,000.
If you take UBS’ £40 billion of
lost output over the past two years
and divide it by the number of few-
er migrants, you get to £635,000.
Now, no one is suggesting that this
is the direct cost of losing each of
those migrants. Most of the lost
age financial actors to assess and
disclose sustainability risk, while
moving towards the establishment
of common standards to promote
the financial instruments — such as
green bonds — that can help direct
funding to environment-friendly
projects and companies. EU finance
ministers have also just agreed to
begin requiring banks to disclose
environmental, social, and govern-
ance (ESG) risks within three years.
As for China, in 2016 the state
council announced a set of com-
prehensive guidelines for green
finance, and the central bank and
some local governments have in-
troduced monetary and fiscal in-
centives for green loans and bonds.
Moreover, the Asset Management
Association of the China Securities
Regulatory Commission recently
released green investment guide-
lines for the asset management
industry, calling for ESG consider-
ations to be integrated into institu-
tional investors’ decision-making.
The CSRC has also announced a
plan to require all listed companies
to disclose environmental informa-
tion by 2020.
At the international level, there
is the central banks and supervisors
Network for Greening the Finan-
cial System (NGFS). Created at the
end of last year, the NGFS brings
together financial regulators and
output since the Brexit vote comes
from factors such as consumer fear,
curtailed investment and the weak
pound. But it still begs the question
of whether this is all a price worth
paying for “taking back control” of
the borders?
Looking further forward, the
Bank of England’s forecasts sug-
gest that May’s Brexit plan would
cut yearly net migration to about
100,000 by 2021, while the long-
term GDP cost relative to pre-2016
trends would be between 1% to 3%
in the most optimistic scenarios.
These figures suggest a cost of about
£40 billion over a six-to-seven-year-
period, for a policy that delivers
236,000 fewer net annual migrants.
That’s £169,500 per non-arriving
migrant. A smaller figure than the
previous one, but still one that asks
a question.
May is essentially telling the UK
that you can control EU migration,
or you can have the economic bene-
fits of the single market. You cannot
have both. She’s right; there’s no Boris
Johnson fantasy of having the cake
and eating it here. But if her deal has
become all about killing freedom of
movement at any cost, Brits need to
know what that price is. — Bloomberg
central banks from 21 countries —
including France, China, and Ger-
many — that recognise the threat to
financial stability posed by climate
change, and the need to assess and
manage that risk, in part through
prudential supervision. A central
element of such risk management is
for banks and investors to shift their
portfolios away from high-emitting
companies and projects, towards
low-carbon assets.
As the IPCC’s recent report makes
plain, avoiding the worst effects of
climate change will require action
on an unprecedented scale — start-
ing immediately. Policymakers in
national capitals must ensure that
both public and private financial
flows align with the climate agen-
da, and that the right conditions are
created to make the global financial
sector the facilitator of, rather than
a barrier to, a low-carbon future. —
Project Syndicate
Ma Jun, chairman of China’s Green
Finance Committee and co-chair
of the G20 Sustainable Finance
Study Group, was chief economist
of the People’s Bank of China. Caio
Koch-Weser, chairman of the Board
of the European Climate Founda-
tion, was vice-chairman of Deutsche
Bank Group and German Deputy
Minister of Finance.
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
Renault said to ask Nissan to convene shareholders’ meeting
BY ED HAMMOND & RUTH DAVID
NEW YORK/LONDON: Renault SA
is pushing Nissan Motor Co to call
a shareholders’ meeting as soon as
possible to discuss the Japanese
automaker’s indictment, govern-
ance and the French company’s
appointees on Nissan’s board, peo-
Hyundai, Kia
sued by
owners claiming
engine defect
caused fires
BY SO H EE K I M
SEOUL: Hyundai Motor Co
and Kia Motors Corp were
sued by US drivers over an al-
leged defect that could cause
certain engines to catch fire,
adding pressure on the South
Korean automakers being
probed by US authorities.
More than 350 consum-
er complaints were reported
to the US National Highway
Traffic Safety Administra-
tion (NHTSA) over non-col-
lision fires in Hyundai and
Kia vehicles as result of the
automakers’ “concealment of
the defect”, according to the
class-action lawsuit filed last
Friday in the US District Court
for the Central District of Cal-
ifornia by law firm Hagens
Berman.
The US auto-safety reg-
ulator started probing the
timeliness and scope of the
carmakers’ recalls related
to manufacturing errors in
“Theta II” engines, while
the US Attorney’s Office for
the Southern District of New
York has opened a criminal
investigation in to the mat-
ter, according to a Reuters
report. Hyundai and Kia have
recalled about 1.6 million ve-
hicles in the US made be-
tween 2011 and 2014 related
to engine problems.
Shares of Hyundai fell as
much as 3.4%. They were
down 0.9% at 1.24pm in
Seoul, while Kia advanced
1.9%.
The customers’ lawsuit ar-
gues that a defect restricts
oil flow to core engine parts,
causing premature wear and
failure and eventually result-
ing in engine seizure and fire.
— Bloomberg
Taisho said near US$1.6b deal for Bristol-Myers unit
BY M AN UEL B A I GORRI
HONG KONG: Taisho Pharmaceu-
tical Holdings Co is nearing a deal
to buy Bristol-Myers Squibb Co’s
French over-the-counter (OTC)
unit, people familiar with the mat-
ter said, as the Japanese drugmaker
ple familiar with the matter said.
Nissan’s indictment last week by
the Japanese public prosecutor’s
office creates “significant risks” to
Renault as its largest shareholder
and to the stability of both compa-
nies’ industrial alliance, Renault
deputy chief executive officer (CEO)
Thierry Bollore wrote to Nissan
Hitachi to buy ABB’s
power grids unit
It will acquire 80.1% of the business with an EV of US$11 billion
BY AARON KIRCHFELD
LONDON: Hitachi Ltd is making its
biggest ever acquisition by agreeing
to purchase the power grid division
of ABB Ltd, a deal that is aimed at
turning the Japanese conglomer-
ate into a top global provider of
equipment for electricity networks.
Hitachi will acquire 80.1% of the
business with an enterprise value
(EV) of US$11 billion (RM45.97
billion). ABB, which will own the
remainder of business, plans to re-
turn US$7.6 billion to US$7.8 billion
through a share buy-back or other
measures, it said yesterday.
The sale of the business — which
makes power transformers, long
distance electricity-transmission
systems and energy storage units —
would shrink ABB’s revenue by about
a quarter and leave the Swiss engi-
neering giant more focused on ro-
botics and automation. For Hitachi,
the move is part of chief executive
officer Toshiaki Higashihara’s efforts
to restructure the diversified compa-
ny, which is vying to become one of
Qatar buys Mexico oil stakes from Italy’s Eni
BY M OHAM M ED ALY SE RG I E
& ANTHONY DIPAOLA
DOHA: Qatar Petroleum is buying
stakes in three offshore oil blocks in
Mexico from Eni SpA, as the Arab
country signs another global ex-
pansion deal after leaving Opec.
Eni and the government-owned
energy company in Qatar, the
world’s biggest exporter of lique-
fied natural gas, will produce about
90,000 barrels of oil a day from the
Amoca, Mizton and Tecoalli fields
seeks to boost its overseas presence.
An agreement for the consumer
health business could be announced
as soon as this week, the people said,
asking not to be identified because
the matter is private. A deal could
value the OTC operations, known
as UPSA, at about US$1.6 billion
CEO Hiroto Saikawa last Friday,
the people said.
The letter was also sent to the
board of Nissan, the CEO of Daimler
AG, which has a small cross-own-
ership holding with Nissan and Re-
nault, and some French government
officials, according to the people.
“Nissan has communicated ac-
For Hitachi, the deal is part of Higashihara’s efforts to restructure the diversified
company, which is vying to become one of the top grid companies in the world,
according to a June presentation. Photo by Bloomberg
the top grid companies in the world,
according to a June presentation.
Shares of Hitachi fell 1% in To-
kyo trading yesterday, valuing the
company at about US$27 billion.
The company will fund the purchase
through funds on hand and loans.
in the Gulf of Mexico by the end of
2021, Saad Sherida al-Kaabi, Qatar’s
energy minister, said in Doha. The
fields hold two billion barrels of oil
equivalent, he said at a press con-
ference with Eni chief executive
officer Claudio Descalzi.
The companies are already
working together on a separate
offshore block in Mexico, according
to press releases from both compa-
nies. Eni gained approval for the
developments earlier this year and
needs the Mexican authorities to
(RM6.69 billion), said the people.
US pharma giant Bristol-Myers
has sought to sell the unit amid
a push to streamline its business
globally to focus on other growth
areas, the people said. Any deal
would add to the US$428.7 bil-
lion of announced acquisitions of
W O R L D B U S I N E S S 15
tively and transparently with Re-
nault regarding this matter, and
will continue to do so. We remain
steadfast in our commitment to the
alliance,” said a company spokes-
man in Tokyo. A spokesman for
Renault declined to comment.
Nissan’s board was scheduled to
meet yesterday and the letter asked
ABB has an option to sell its 19.9%
in power grid, three years after the
deal is completed, the European
company said. About US$500 mil-
lion in non-operating restructuring
charges will be made in the next two
years, it said. — Bloomberg
sign off on Sunday’s deal.
Global oil majors that have for
years produced in US waters are
being attracted to the Mexican side
of the Gulf as the government opens
new blocks for development. Mid-
dle Eastern producers are exploring
opportunities for offshore develop-
ments in the Americas and Africa
as well as looking at prospects for
shale oil developments in the US.
Growing production from outside
Opec is challenging the producers’
group. — Bloomberg
healthcare companies this year,
27% more than the same period in
2017, according to data compiled
by Bloomberg.
Taisho shares fell as much as
4.05% yesterday afternoon in To-
kyo, hitting their lowest intra-
day level since Nov 21, before re-
it to consider calling an extraor-
dinary general meeting of share-
holders as promptly as possible,
they said. It stressed that a discus-
sion about Renault appointees on
the Nissan board and in senior
management would be consist-
ent with the companies’ existing
agreements. — Bloomberg
Qatar hints it may
raise Deutsche
Bank stake —
Handelsblatt
BY S T E PH A N K A H L
& MO H A MME D A LY S E RG IE
FRANKFURT/DOHA: Qatar is
considering increasing its stake in
Deutsche Bank AG, Handelsblatt
reports, citing an interview with
Yousef Mohammed al-Jaida, chief
executive officer (CEO) of state-
owned Qatar Financial Centre.
“We will invest in a large finan-
cial institution in Germany,” al-Jai-
da said, according to the German
business daily. “This was discussed
on the sidelines of the Doha Forum
and will be announced shortly.”
Though he declined to name
the company, al-Jaida said it is
a lender in which Qatar already
owns a stake. That and the fact
that Deutsche Bank CEO Chris-
tian Sewing was the only Ger-
man top manager to participate in
the Doha Forum clearly points to
Deutsche Bank, Handelsblatt said.
The German government has
been moving to help fix Deutsche
Bank by studying ways to make
it easier to merge with Commer-
zbank AG, Bloomberg reported
last week. Talks about a merger
are in an exploratory phase and
other possibilities such as seeking
fresh investment from existing or
new shareholders are also still
being considered.
Meanwhile, Qatar’s sovereign
wealth fund, famous for invest-
ments in London’s Shard and Tif-
fany & Co, is quietly expanding its
venture capital unit to invest in
US start-ups, according to people
familiar with the matter.
The Qatar Investment Author-
ity, created to handle the windfall
from the country’s gas and oil ex-
ports, has invested in companies
including Foursquare Labs Inc,
biotech firm Rubius Therapeutics
Inc, Homology Medicines Inc,
Thoughtspot Inc and Grail Inc,
said the people, asking not to be
identified because the deals are
private. They did not disclose the
value or timing of these invest-
ments. — Bloomberg
covering. They traded at ¥12,560
(RM463.09) each by 2.02pm, giving
the Tokyo-based company a mar-
ket value of almost US$10 billion.
Talks are still ongoing and may
not result in a deal, the people said.
A spokesman for Taisho declined
to comment. — Bloomberg
16 W O R L D B U S I N E S S
S’pore posts first y-o-y
export fall in eight months
China shipment decline continues as experts worry about Sino-US trade tensions
BY FAT H I N U NGKU
SINGAPORE: Singapore’s ex-
ports fell for the first time in eight
months on a year-on-year (y-o-y)
basis in November with shipments
to China, its biggest market, con-
tinuing their decline on slowing
growth in the world’s second larg-
est economy.
The contraction comes as econ-
omists grow increasingly worried
about the impact of Sino-US trade
tensions on demand from China,
with many expecting the dispute to
hurt the city state’s trade-depend-
ent economy in months to come.
Singapore’s non-oil domestic ex-
ports fell 2.6% in November y-o-y, a
sharp contrast to the 1.2% increase
predicted by economists in a Reu-
ters poll, according to data from
trade agency International Enter-
prise Singapore yesterday. It was
also sharply down from the revised
8.2% rise the month before and the
first negative reading since March.
A significant fall in shipments in
the volatile pharmaceutical sector
played a role in driving exports low-
er. However, the decline also comes
on top of a more established weak-
NAB flags
NZ$4b-NZ$5b
capital increase
for unit
BY PAU L I NA DU RA N
SYDNEY: National Austral-
ia Bank Ltd (NAB) yesterday
flagged a potential Tier 1 capital
increase of about NZ$4 billion
(RM16.72 billion) to NZ$5 bil-
lion for its subsidiary Bank of
New Zealand after New Zea-
land’s central bank proposed
to almost double capital re-
quirements for banks.
The Reserve Bank of New
Zealand (RBNZ) said last Friday
it was considering doubling the
required capital banks would
need to hold to bolster the ca-
pacity to handle any shocks.
The RBNZ posited the New
Zealand units of Australia’s
four major banks would have
to add about NZ$12.8 billion
in Tier 1 capital to meet its re-
quirements. The central bank
proposed a five-year transi-
tion period. Australia and New
Zealand Banking Group Ltd
flagged a capital increase of
NZ$6 billion to NZ$8 billion
following the RBNZ’s proposal.
The Commonwealth Bank of
Australia and Westpac Bank-
ing Corp have acknowledged
the proposal.— Reuters
ening trend in trade with China.
“While domestic exports to the
US remained healthy, shipments
to China continued to weigh on
overall growth,” Sian Fenner, an
economist of Oxford Economics
said in a research note to clients.
SSE scraps UK retail tie-up with
Innogy, seeks options
BY NOOR ZAINAB HU S S AI N
BENGALURU: SSE plc has walked
away from a deal with Innogy SE to
create the UK’s second biggest re-
tail power provider after the com-
panies failed to agree on revised
terms, the British energy supplier
said yesterday.
SSE said it would consider other
options for its retail unit, SSE Ener-
gy Services, including a stand-alone
demerger and listing, an outright
sale or an alternative transaction.
SSE, which had already warned
that the deal with Innogy’s Npower
would be delayed, said the compa-
UK retail apocalypse spreads online as Asos plunges 40%
BY W ILLIAM M ATHIS
& ER IC P FANNER
LONDON: Asos plc plunged the
most in four and a half years after
warning that its Christmas shopping
season got off to a disastrous start,
showing that Europe’s retail apoc-
alypse was spreading from bricks-
and-mortar stores to e-commerce.
The gloomy update from an on-
line retailer that competes with Ama-
“Notwithstanding the recent
truce in the US-China trade war,
we think weaker Chinese import
demand, amid increased trade
protectionism, will increasingly
weigh on exports and Singapore
GDP (gross domestic product)
nies could not agree on new com-
mercial terms after Britain’s reg-
ulator proposed a cap on energy
bills. The deal was not in the best
interests of its customers, employ-
ees and shareholders, it added.
The planned merger was an-
nounced in November last year after
the government increased scrutiny
of Britain’s big energy suppliers,
which it has accused of ripping off
customers. SSE said prospects for
the deal had been hurt by a num-
ber of factors, including the per-
formance of the two businesses,
clarity on the final level of Britain’s
default tariff cap and changing en-
zon.com Inc and has furnished fash-
ions to the likes of Meghan Markle
confirms that the UK’s retail weak-
ness is widespread in the run-up to
the holidays. Last week, Sports Di-
rect International plc chief executive
officer Mike Ashley said sales were
“unbelievably bad” in November,
sending the shares off a cliff.
Asos fell as much as 40% early
yesterday in London, wiping about
£1.4 billion (RM7.38 billion) off the
T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
A file pic of PSA’s
Tanjong Pagar
container port
and the skyline
of the central
business district
of Singapore on
April 18, 2016.
Many economists
expect the
Sino-US trade
dispute to hurt
the city state’s
trade-dependent
economy in
months to come.
Photo by Reuters
growth over 2019,” she added.
Trade to China, which has been
in decline for most of this year, fell
for the fourth consecutive month in
November, down 16% from a year
earlier, compared with the previous
month’s 25.8% decline. — Reuters
ergy market conditions. Innogy
had no immediate comment when
contacted by Reuters.
SSE’s latest talks with Innogy
covered the potential impact of
regulatory caps on tariffs, the new
company’s requirement to post col-
lateral against its credit exposure,
and its ability to obtain and retain
an appropriate credit rating.
“These implications meant the
new company would have faced
very challenging market condi-
tions, particularly during the pe-
riod when it would have incurred
the bulk of the integration costs,”
SSE said. — Reuters
market value. The news dragged
down other online retailers like
Boohoo Group plc, as well as store
operators like Marks & Spencer
Group plc and Next plc. Asos cut its
full-year sales-growth guidance on
a “deterioration” in November due
to high level of discounting amid
economic uncertainty and low con-
sumer confidence, which has been
undermined in the UK by the con-
tinuing Brexit saga. — Bloomberg
BIS warns
of rocky
post-stimulus
banking path
ahead
ZURICH: The Bank for Inter-
national Settlements (BIS) on
Sunday warned of a rocky path
ahead given tightening mone-
tary conditions and with inter-
national markets in flux amid
fears of a global trade war.
New bouts of turbulence
have hit US markets in recent
weeks, while the European
Central Bank (ECB) last week
confirmed that it was with-
drawing its US$2.9 trillion
(RM12.12 trillion) quantita-
tive easing bond-buying pro-
gramme in January.
The ECB move comes de-
spite fears of sagging eurozone
growth and the Basel-based
BIS, known as the central
bank’s central bank, warning of
“bumps” on the road which are
“a reminder of the narrow path
that central banks are treading
... in a generally challenging
policy environment”.
In its quarterly review, the
BIS identified “ongoing trade
tensions and heightened po-
litical uncertainty in the euro
area” as causes for concern.
Stock markets
remained unsettled
in the midst of
uncertainty around
trade tensions
between the US and
China.
“Investors appeared un-
nerved by poor forward vis-
ibility of results against the
background of trade tensions,
weakening global conditions
and the [US] Federal Reserve’s
determination to move forward
with gradual policy normalisa-
tion,” the report added.
“The market tensions we
saw during this quarter were
not an isolated event”, Claudio
Borio, the head of the mone-
tary and economic department
of the BIS, said in a confer-
ence call.
The BIS said in Europe, disa-
greements between Rome and
Brussels on the Italian budget
plus the uncertainty of Brexit
were also undermining sen-
timent.
“Furthermore, as Decem-
ber started, stock markets re-
mained unsettled in the midst
of uncertainty around trade
tensions between the United
States and China.”
Borio concluded that against
such a gloomy backdrop, a re-
turn to monetary normality
is “bound to be challenging”,
adding that the “dark cloud”
of lower-rated US corporate
debt is a further worrying factor
hanging over investors. — AFP
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
‘Foxconn not in
settlement talks
with Qualcomm
in Apple battle’
BY ST E PHEN N EL L I S
SAN FRANCISCO: The lead at-
torney for the group of Apple
Inc device assemblers seeking
at least US$9 billion (RM37.62
billion) in damages from Qual-
comm Inc said on Sunday the
contract manufacturers were
not in settlement talks with the
mobile chip supplier and were
“gearing up and heading towards
the trial” in April.
The conflict is but one as-
pect of the global legal battle
between regulators, Apple and
Qualcomm, which supplies mo-
dem chips that help phones con-
nect to wireless data networks.
Last week, Qualcomm se-
cured a preliminary victory in
a patent lawsuit in China that
would have banned sales of
some Apple iPhones there. Ap-
ple later said it believed it was
already in compliance but would
change its software “to address
any possible concern” about its
compliance.
But Qualcomm was also
handed a setback in an anti-
trust lawsuit brought against it
by the US Federal Trade Com-
mission when a judge said it will
not be able to mention that Ap-
ple ditched Qualcomm chips
for competing ones from Intel
Corp when the case goes to trial
next month.
Qualcomm representatives
did not immediately return a
request for comment on Sunday
outside of US business hours.
The group of contract man-
ufacturers — which includes
Foxconn parent Hon Hai Preci-
sion Industry Co Ltd, Pegatron
Corp, Wistron Corp, and Compal
Electronics Inc — became em-
broiled in the dispute between
Apple and Qualcomm last year.
— Reuters
J&J’s talc crisis will linger for years
BY RO B ERT CY RA N
NEW YORK: Johnson & John-
son’s (J&J) talc crisis will linger
for years. Investors erased US$40
billion (RM2.09 trillion) of its mar-
ket value last Friday, after Reuters
revealed the US healthcare giant
knew for decades its baby powder
was sometimes tainted by asbestos.
The company said the story was
an “absurd conspiracy theory” as
“every method available to test J&J’s
talc for asbestos has been used by
J&J, regulators, or independent ex-
perts, and all of these methods have
all found that our cosmetic talc is
asbestos-free”. If history is a guide,
the market may have overreacted,
but lawsuits and brand damage do
not easily dissipate.
J&J faces thousands of lawsuits
from users that claim the company’s
talc resulted in health problems.
In July, a jury in Missouri ordered
the company to pay US$4.7 billion
to 22 women who claimed their
Fed entering brave
new policy world
Powell and colleagues expected to raise interest rates this week
BY R ICH M ILLER
WASHINGTON: As the US Federal
Reserve (Fed) approaches the final
stages of monetary policy normal-
isation 10 years after it cut interest
rates to zero, it faces the tough task
of charting a less certain path while
taking incoming fire from President
Donald Trump.
Chairman Jerome Powell and his
colleagues are expected to ignore
Trump’s criticisms and raise inter-
est rates this week for the fourth
time in 2018, to a setting of 2.25%
to 2.5%. That will nudge rates to the
IMF says trade war already hurting
Asia, may cut global growth forecasts
BY LEIKA KIHAR A
TOKYO: Trade frictions between
China and the US are already af-
fecting business confidence and
investment in Asia, a senior In-
ternational Monetary Fund (IMF)
official said, warning that the fund
could further cut its global growth
forecasts in January.
Changyong Rhee (pic), director
of the IMF’s Asia and Pacific De-
partment, said Japan and South
Korea could be among countries
in the region hit hardest by the
trade war given their reliance on
exports to China.
“Investment is much weaker
ovarian cancer was caused by as-
bestos in J&J’s products. The market
had shrugged off that decision. The
company’s stock by last Thursday
had risen nearly 5% since January,
giving it a market capitalisation of
almost US$400 billion.
Lopping off 10% of that may be
an overreaction. Investors tend
to panic when multibillion-dollar
bottom of what Powell has called
the “broad range” of what is neutral
or normal for the economy — nei-
ther restricting nor spurring growth.
“Policymaking is easy when you
are obviously far away from” neu-
tral, said Vincent Reinhart, chief
economist at Standish, part of BNY
Mellon Investment Management.
“It’s much harder when you get into
a region where there is a range of
disagreement over what neutral is.”
The Fed is likely to slow its
rate-hiking campaign in response.
Economists now expect it to boost
rates twice next year, not the three
than expected. My interpretation
is that the confidence channel is
already affecting the global econo-
my, particularly Asian economies,”
Rhee told Reuters.
“We see global growth a little
bit slower than we forecast
in October,” he said yes-
terday.
Citing the potential
fallout from the Sino-US
trade war, the IMF cut its
global growth forecast in
October to 3.7% for both
2018 and 2019, down
from 3.9% pro-
jected in
July.
J&J faces
thousands of
lawsuits from
users that
claim the
company’s
talc resulted
in health
problems.
Photo by
Reuters
settlements become likely. Drug-
maker Merck lost US$27 billion,
or 27% of its market value, when it
pulled painkiller Vioxx in 2004 after
studies linked it to heart attacks and
strokes. The company ended up
settling most cases for under US$5
billion. Likewise, investors have
discounted a US$15 billion liability
at Bayer for lawsuits that claim a
W O R L D B U S I N E S S 17
times they saw previously.
There is a lot at stake. The ex-
pansion is at a point where the Fed
often makes a mistake, either rais-
ing rates too much, triggering a re-
cession, or not enough, setting off
a surge in inflation or asset prices.
The Fed’s own credibility is also
on the line given Trump’s attacks.
Powell gave a taste of what is to
come last month, declaring that
“there is no preset policy path ...
We will be paying very close atten-
tion to what incoming economic
and financial data are telling us”.
— Bloomberg
It expects Asia’s economic
growth to slow to 5.4% next year
from 5.6% projected this year.
Rhee said there was a chance
the IMF could cut further its growth
forecasts when it reviews them in
January, given signs of slow-
down not just in Asia but in
Europe and the US.
“Uncertainty is so
large ... uncertainty
means you have upside
potential as well as down-
side risk. At this moment,
we believe the downside
risk is a little bit
higher,” he said.
— Reuters
AFP
weedkiller made by Monsanto, the
US company it acquired this year,
caused cancer, according to Bank
of America Merrill Lynch. The bank
believes the payout will probably
be somewhere below US$5 billion.
The legal bills will not abate any-
time soon. Merck was still dealing
with Vioxx-related litigation more
than a decade after the drug was
pulled from the market. But the hit
to J&J’s reputation may be the most
difficult to fix. In the 1980s, seven
people died after taking Tylenol
painkillers that had been laced with
cyanide. The company’s response
to that tragedy — recalling 31 mil-
lion bottles, taking out advertise-
ments warning customers, and in-
troducing tamper-proof packaging
— became a staple business-school
lesson in reputation-buffing. If the
company really sat on troubling
data relating to a product used on
babies around the world, it might
end up being taught as a counter-
example. — Reuters
IN BRIEF
Japan’s PayPay to
update app after wrongful
charge complaints
TOKYO: PayPay, a mobile pay-
ments company backed by Soft-
Bank Group Corp, Yahoo Japan
Corp, and India’s largest digi-
tal payments company Paytm,
has said it is updating its app to
strengthen security after mul-
tiple complaints from users of
wrongful charges. An unspeci-
fied number of customers called
in and emailed to report charges
on their bills that they did not
recognise, according to PayPay
spokesman Fumihiro Ito. Several
consumers have said they had
not even installed the app but
their credit cards were billed for
purchases they did not make.
PayPay was to make changes
to the app as early as yesterday
and had recommended users
to contact their credit card pro-
viders directly about suspicious
activity, Ito said. — Bloomberg
Denmark cuts growth
forecast on trade
protectionism, Brexit
COPENHAGEN: Denmark’s
government cut its forecast for
economic growth this year and
the next, voicing concern over
cooling international trade and
uncertainty about Britain’s exit
from the European Union. Den-
mark expects growth to slow
further in 2020, according to a
document seen by Bloomberg.
“The biggest risk from trade
protectionism isn’t lower
growth [in] short term, but the
persistent loss of benefits from
international trade,” the gov-
ernment said in the document.
Denmark generates about half
of its output from international
trade, making Brexit “a particu-
lar risk”. — Bloomberg
Vine, HQ Trivia co-founder
Kroll found dead at 34
NEW YORK: US tech star Colin
Kroll, who co-founded Vine and
popular gaming app HQ Trivia,
was found dead on Sunday in
New York of an apparent drug
overdose. Police found Kroll, 34,
unconscious and unresponsive
in a bedroom of his Manhattan
apartment, a New York police
spokesman told NBC television.
A drug overdose is the suspected
cause of death, police said, and
an investigation is under way.
Kroll co-founded Vine, the pop-
ular short-form video service
acquired in 2012 by Twitter that
is now defunct. — AFP
H&M price cuts take
shine off sales growth
GENEVA: Hennes & Mauritz
AB (H&M) reported its fastest
quarterly sales growth in three
years, though analysts said the
big question is how much the
struggling Swedish retailer cut
prices on clothes to clear ex-
cess inventory. The shares fell in
Stockholm trading. Revenue rose
12% to 56.4 billion kronor (RM26
billion) in the three months
through November, according
to a statement yesterday. Ana-
lysts expected sales of 56.1 bil-
lion kronor. The figures exclude
value-added tax. — Bloomberg
18 WORLD
North Korea warns
on US sanctions
It says Washington’s action could block denuclearisation path
BY PAR K C H A N- KYON G
SEOUL: North Korea condemned
the US over its latest sanctions
measures, warning Washington’s
approach could “block the path to
denuclearisation on the Korean
peninsula forever”.
After a rapid diplomatic rap-
prochement this year that culminat-
ed in the Singapore summit in June
between North Korean leader Kim
Jong-un and US President Donald
Trump, progress has stalled in talks
on Pyongyang’s nuclear arsenal.
Saudi Arabia slams US Senate
vote as ‘interference’
BY A N UJ C H OPRA
RIYADH: Saudi Arabia yesterday
slammed as “interference” US Sen-
ate resolutions over its war in Yemen
and critic Jamal Khashoggi’s murder,
warning that the move could have
repercussions on its strategic ties
with Washington.
The Republican-controlled
Senate voted last Thursday to end
American military support for a
Riyadh-led war in Yemen, and
separately held Crown Prince Mo-
hammed Salman responsible for
Khashoggi’s killing.
The largely symbolic vote dealt
a fresh warning to US President
Donald Trump, who has staunch-
Cause of explosion in Japan’s Sapporo still unknown
BY EL A I NE L I ES
TOKYO: Police and fire officials
yesterday were searching for the
cause of a dramatic explosion at a
bar in the northern Japanese city of
Sapporo that collapsed a building
and injured 42 people.
Media reports said the Sun-
day night incident may have in-
volved propane gas tanks in the
building where the blast occurred.
Sapporo police and fire officials
said it was too early to say any-
thing certain about the cause of the
explosion.
Video posted on social media
showed flames shooting up into
the sky and debris-strewn streets. The site of an explosion at a bar in Sapporo, Japan, on Sunday. Police and firefighters
Kyodo news agency reported warned people in the neighbourhood of the possibility of another explosion, Kyodo
that fire inspectors two months ago reported. Photo by Reuters
found that most of the building’s
tenants lacked evacuation gear as
well as devices to warn of electrical Kyodo said had caused a number ing flames and smoke, and warned
short circuits.
There was no immediate word
on the cause of the blast, which to get the site under control, fight- agency reported. — Reuters
In Singapore the two men
signed a vaguely-worded state-
ment on denuclearisation, but
have since disagreed on what it
means.
Now Pyongyang is demanding
sanctions relief and condemn-
ing US insistence on its nuclear
disarmament as “gangster-like”,
while Washington is pushing to
maintain the measures against the
North until its “final, fully verified
denuclearisation”.
Washington last week added
three senior North Korean officials
ly backed the Saudi regime in the
face of intense global outrage that
analysts say has left the kingdom
diplomatically weakened.
“The kingdom condemns the
latest position of the US Senate that
was based on unsubstantiated al-
legations and rejects the blatant
interference in its internal affairs,”
the foreign ministry said in a state-
ment released by the official Saudi
Press Agency.
On the Yemen measure, which
more broadly attacks the president’s
prerogative to launch military ac-
tion, 49 Democrats or their allies
voted in favour, along with seven
Republicans, while another three
Republicans abstained.
of buildings to collapse.
Police and firefighters worked possibility of another explosion, the
to those subject to sanctions over
human rights abuses, including
Choe Ryong-hae, who has been
considered a right-hand man to
Kim.
In a statement carried by the
official KCNA news agency, the
North said Trump had repeated-
ly expressed his desire to improve
relations with Pyongyang, but the
US State Department was “bent
on bringing the DPRK-US rela-
tions back to the status of last year
which was marked by exchanges
of fire”. — AFP
The Senate also approved a res-
olution condemning Khashoggi’s
murder and calling Prince Moham-
med, Saudi Arabia’s de facto ruler,
“responsible” for it.
The Saudi ministry warned that
the kingdom would not tolerate any
“disrespect” of its rulers.
“This position by the US Senate
sends the wrong messages to all
those who want to cause a rift in
Saudi-US relationship,” the min-
istry said.
A day after the Senate vote, Sec-
retary of State Mike Pompeo again
defended US ties with Saudi Arabia
on national security grounds, saying
the kingdom was a bulwark against
common foe Iran. — AFP
people in the neighbourhood of the
T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
Giuliani says ‘Over my dead body’
Trump meets with Mueller
BY BE N B RO DY
& C HR IS TO PH E R F L AV E L L E
WASHINGTON: Donald Trump
will not be sitting down with Spe-
cial Counsel Robert Mueller to
answer more questions in his in-
vestigation into election interfer-
ence, Rudy Giuliani, the president’s
attorney, vowed on Sunday.
“Over my dead body,” Giuliani,
the former New York City mayor
and federal prosecutor said on Fox
News Sunday.
Giuliani, who had at times float-
ed the possibility of a meeting in
interviews over several months,
did not answer directly when asked
about a CNN report last Friday that
Mueller wants to interview Trump
in his investigation of Russia influ-
ence in the 2016 campaign.
In a separate interview on ABC’s
This Week on Sunday, Giuliani was
less definitive when asked wheth-
er it is possible Trump will talk to
Mueller. He cited an agreement
with prosecutors allowing for a
discussion about it after the pres-
ident submitted written responses
to questions last month.
“All I can tell you is the agree-
ment contemplates our having dis-
cussions if there are any further fol-
low-ups or questions, and there’s
been no change in that agreement,”
Canada mulls cancelling Saudi arms
deal over Yemen, Khashoggi murder
MONTREAL: Canada is looking
into ways to cancel a giant 2014
weapons deal with Saudi Arabia,
Prime Minister Justin Trudeau said
on Sunday, as criticism mounts
over the kingdom’s role in the mur-
der of journalist Jamal Khashoggi
and the Riyadh-led war in Yemen.
Trudeau had earlier said that it
would be “extremely difficult” to
withdraw from the contract, signed
by the previous conservative ad-
ministration, “without Canadians
paying exorbitant penalties.”
But as evidence emerged of di-
rect Saudi involvement in Khashog-
gi’s murder on Oct 2, Canada in late
November announced sanctions
Canada gets consular access to
second man detained in China
BY DAV ID L J UN G G R E N
& BE N B L A N C H A R D
OTTAWA/BEIJING: Canadian dip-
lomats gained consular access on
Sunday to the second of two men
detained by China over the past
week, Canada’s foreign ministry
said in a statement that gave few
details, as China said it was en-
suring their rights were protected.
John McCallum, Canada’s am-
bassador to Beijing, met Michael
Spavor, the Canadian ministry
said. Spavor and Michael Kovrig
were both picked up after Canada
arrested a senior Chinese execu-
tive on a US extradition request.
Canadian Prime Minister Justin
Trudeau — who said last Friday
the detentions were unacceptable
— told CTV his government was
taking the situation very seriously.
Giuliani said. “And when it’s con-
cluded, we’ll tell you.”
While Trump submitted writ-
ten answers to some questions,
his legal team rebuffed Mueller on
queries about whether the presi-
dent sought to obstruct justice. The
lawyers said the answers only cover
events before Trump became pres-
ident and Russian-related topics.
Sunday’s appearances were Gi-
uliani’s first since Trump’s former
lawyer and fixer, Michael Cohen,
was sentenced on Dec 12 to three
years in prison for crimes that in-
cluded hush-money payments to
women who said they had affairs
with Trump. Cohen has repeatedly
said Trump directed the payments,
which the president has denied.
The payments were not a cam-
paign contribution and therefore
not illegal, Giuliani said on ABC.
He also called Cohen “a serial liar”
with no evidence to back up what
he is saying. In an interview with
ABC that aired last Friday, Cohen
said “there’s a substantial amount
of information that they possess
that corroborates the fact that I’m
telling the truth.”
In a Sunday tweet, Trump said
“Cohen only became a ‘Rat’” after
the FBI “BROKE INTO” the lawyer’s
office. In fact, federal officials had a
warrant in that case. — Bloomberg
against 17 Saudi nationals linked
to killing.
“The murder of a journalist is
absolutely unacceptable and that’s
why Canada from the very begin-
ning had been demanding answers
and solutions on that,” Trudeau
said on Sunday in an interview
with CTV.
The penalty for breaking the
contract could exceed C$1 billion
(RM3.12 billion), Trudeau said in
an interview with CBC Radio in
October.
Trudeau has been criticised by
political opponents and Human
Rights activists for failing to cancel
the contract. — AFP
“We have engaged with the
Chinese officials to determine
what exactly conditions are they
being detained under? Why are
they being detained?” he said in
an interview aired on Sunday.
McCallum met Kovrig for the first
time last Friday.
Speaking in Beijing yesterday,
Chinese foreign ministry spokes-
man Hua Chunying said China
and Canada had “smooth” consu-
lar communication on the cases of
the two Canadians and confirmed
China had arranged consular ac-
cess for both of them.
Hua said it did not matter what
“grandiose pretexts” Canada and
the US came up with, their case
against Meng “showed contempt
for the rule of law” and people
around the world were ridiculing
it for them. — Reuters
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
New Brexit vote would ‘break
faith’ with British people
Theresa May faces deadlock over her deal in parliament
BY KY L I E M AC L EL L A N
& E L I Z AB E T H PI PER
LONDON: A second Brexit referen-
dum would do “irreparable dam-
age” to politics and “break faith”
with the British people, Prime Min-
ister Theresa May was to say yes-
terday, rejecting what some see as
the only way to break an impasse.
After a tumultuous week in
EC says still in
talks with Italy
over budget
for next year
BY F R A N CESCO GUA RA SC IO,
ST EVE SC HERER
& G I S EL DA VAGNON I
BRUSSELS/ROME: The Euro-
pean Commission (EC) is still
talking with the Italian gov-
ernment about Italy’s budget
for next year, a spokesman
said yesterday, declining to
clarify whether recent tweaks
decided by Rome are suffi-
cient to avert a disciplinary
procedure.
“The dialogue continues
between the European Com-
mission and Italy concerning
its budgetary plan for 2019,”
the spokesman for the Eu-
ropean Union (EU) execu-
tive told a news conference
in Brussels.
Italy’s coalition govern-
ment, on Sunday, has agreed
on the “numbers and con-
tents” of the budget it will pro-
pose to Brussels in an effort to
avoid disciplinary action over
its plans to hike deficit spend-
ing next year, a League party
spokesman said yesterday.
The EC rejected Italy’s
budget in October, saying it
would not lower the coun-
try’s huge debt and declaring
it in clear breach of EU fiscal
rules. Rome submitted a re-
vised plan last week with a
lower deficit.
However, a final deal
with Brussels had yet to be
reached, and the government
on Sunday had a marathon
meeting to hammer out de-
tails of a possible compro-
mise.
“We have found an agree-
ment on further fiscal reduc-
tions that probably will be
appreciated by the EU,” Dep-
uty Prime Minister Matteo
Salvini, also the right-wing
League party’s leader, said
after the meeting, Ansa news
agency reported. — Reuters
which she survived a confidence
vote and sought last-minute chang-
es to a Brexit agreement reached
with Brussels last month, May faces
deadlock over her deal in the deeply
divided British parliament.
With the European Union (EU)
offering little in the way of conces-
sions to win lawmakers over, more
politicians are calling for a second
referendum.
Redrawing boundaries, lawsuits cast
doubt on credibility of Thai election
BY PANARAT THEP GUM PANAT
& PANU W ONGCHA-UM
BANGKOK: Thailand will soon
hold its first election since the
military seized power in a 2014
coup, and many are hoping the
vote will return Southeast Asia’s
second-largest economy to de-
mocracy.
The government lifted a ban
on political activity when it an-
nounced the Feb 24 election last
week, but critics said the junta has
taken several steps to remain in
power after the vote, casting doubt
on how credible the poll will be.
“We have seen a systematic
Paris government to rush through concessions for ‘yellow vests’
BY F RANCIS CURTA
PARIS: The French government
is set to rush tax cuts and a rise
in the minimum wage through
parliament in a bid to end the
“yellow vest” protests which ap-
pear to be waning after a month
of disruption.
The measures announced a
week ago by President Emma-
nuel Macron will be discussed at
a cabinet meeting tomorrow and
put to the National Assembly and
the Senate for votes before Christ-
mas, officials said.
Meanwhile, the protesters must
dismantle their road blocks, Inte-
rior Minister Christophe Castaner
said yesterday, warning “we can’t
continue to paralyse the French
economy”.
P r i m e Mi n i s t e r E d o u a rd
Philippe has acknowledged the
concessions, worth some €10
billion (RM46.89 billion), would
mean France will breach the pub-
lic deficit cap of 3% of gross do-
mestic product set by European
Union rules.
“But we are careful with govern-
ment spending, and we are taking
However, May and her ministers
have repeatedly ruled out a new bal-
lot, saying it would deepen divisions
over Britain’s biggest decision since
World War Two and betray voters
who narrowly backed leaving the
EU at a 2016 referendum.
That increases the risk of Britain
leaving without a deal in less than
four months, a scenario some busi-
nesses fear would be catastrophic
manipulation and distortion of
the electoral process, of the will
of the people, starting from the
constitution,” Chulalongkorn Uni-
versity’s political analyst Thitinan
Pongsudhirak said, referring to
the military-drafted constitution
publicly ratified in 2016, two years
after the coup.
“The reason this [election] has
a crooked feel more than others
is because it pretends to be dem-
ocratic, clean and fair when it is
completely rigged,” Thitinan said.
The military government has de-
nied accusations that it has been
engineering a path to prolong its
stay in power.
a series of measures touching on 3.2% for 2019,” Philippe said in an
businesses and spending worth interview with the financial news-
some €4 billion. That should al- paper Les Echos yesterday.
low us to hold the deficit at about A planned reduction in the cor-
for the world’s fifth-largest econ-
omy.
The political and economic un-
certainty over Brexit is having an
impact, with data yesterday show-
ing a drop in consumer spending,
falling house prices and growing
pessimism in household finances.
Business minister Greg Clark said a
second vote would only increase un-
certainty for the country. — Reuters
However, one or more mili-
tary-backed parties are likely to
be in the fray, pitted against the
anti-establishment populists led
by the Shinawatra family and some
smaller centrist parties.
Some critics said the regime has
tried to influence everything from
electoral boundaries in favour of
pro-junta parties and hand-picking
the entire upper house of parlia-
ment, to plans to redesign ballot
papers to remove party names and
symbols attached to candidates
— which will likely confuse vot-
ers. The Election Commission is
expected to finalise ballot design
later this week. — Reuters
porate income tax rate will be re-
stricted next year to companies
with a turnover of less than €250
million. — AFP
W O R L D 19
‘Over 3,600
killed in Nigeria’s
farmer-herder
violence’
LAGOS (Nigeria): More than
3,600 people have been killed
in clashes between farmers
and herders in Nigeria since
2016, Amnesty Internation-
al said yesterday, blaming the
government’s failure to punish
the perpetrators for fuelling the
violence.
The international human
rights organisation said more
than 2,000 were killed in 2018
alone, while the bloodshed had
made thousands of other people
homeless.
Violence between farmers
and nomadic herders is increas-
ing in Nigeria over access to fer-
tile land and water, becoming
scarce in the face of drought and
rapid population growth.
Amnesty said of the 310 at-
tacks between January 2016 and
October 2018, 57% were in 2018
and most frequent in Adama-
wa, Benue, Kaduna, Taraba and
Plateau.
The rights group also accused
Nigerian security forces of not
doing enough to stop the kill-
ings. “Security forces are often
positioned close to the attacks,
which can sometimes last for
days, and yet have been slow to
act,” it said.
In some cases, security forc-
es were warned of an imminent
raid but did nothing to prevent
the killings, looting or burning
of homes.
“Our research shows these
attacks were well planned and
coordinated, with the use of
weapons like machine guns and
AK-47 rifles,” Nigeria’s director
of Amnesty International Osai
Ojigho said. — AFP
A filepic of protesters
wearing yellow
vests sitting during
a demonstration
in Paris, France.
Castaner says
protesters must
dismantle their road
blocks, warning ‘we
can’t continue to
paralyse the French
economy’. Photo by
Reuters
20 F E AT U R E T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

Lion Air boss takes on Boeing

Kirana threatening to cancel US$22b jet order for Boeing’s unfair reaction to the crash
BY H AR RY SU H A RTON O two-month-old 737 Max jet operated Kirana took the response as an for toughness and perseverance.
& A N G U S WH I T L EY by the carrier plunged into waters off attempt by Boeing to shift the blame “He’s very loyal to those within

T
he crash of a Boeing
Co plane that killed 189
people in Indonesia is
spiralling into a US$22
billion (RM91.96 bil-
lion) feud between the
aircraft maker and one of Asia’s most
influential aviation bosses.
In a rare public dispute between
the planemaker and one of its big-
gest customers, the head of PT Lion
Mentari Airlines has threatened to
cancel an order for billions of dol-
lars worth of jets because of what
he says is Boeing’s unfair reaction
to the crash.
The man standing up to the US
aviation giant is Rusdi Kirana, Lion
Air’s owner, and while he was little
known to the public outside South-
east Asia before the crash, he’s some-
thing of a legend in the industry.
Eighteen years after he and his broth-
er rented a Boeing 737-200 to start a
service from Jakarta to Bali, Kirana,
55, has turned Lion Air into Indone-
sia’s largest airline, with one of the
biggest order books in the world.
“He is, by virtue of the significance
of Indonesia, right now probably
the most important aviation figure
in Southeast Asia,” said Shukor Yu-
sof, founder of aviation consultancy
Endau Analytics in Kuala Lumpur.
Kirana’s undiminished appetite
for expansion — he wants to start
flights to destinations as far a field as
London and Dubai — has made him
a key customer for both Boeing and
its European rival Airbus SE. Lion Air
is the third-largest buyer of Boeing’s
updated 737. But seven weeks after a
Jakarta, Kirana has started a public
spat with the planemaker. Lion Air
is drafting documents to scrap its
US$22 billion of orders with Boeing
because, Kirana says, the manufac-
turer unfairly implicated his airline
in the disaster.
“I was in a tough situation and
they decided to beat me up,” Kirana
said in an interview in Jakarta, refer-
ring to Boeing’s response to Indo-
nesia’s preliminary report into the
accident. “They have been behaving
unethically, they have been acting
immorally in this relationship, so we
just go our separate ways.”
Boeing wouldn’t comment on
the discussions with Kirana, but said
in a statement that “Lion Air is a
valued customer and we are sup-
porting them through this difficult
time”. The company said it is “taking
every measure to fully understand
all aspects of this accident, and are
working closely with the investigat-
ing team and all regulatory author-
ities involved”.
The dispute revolves around In-
donesia’s worst air disaster in two
decades. Moments after take-off
on Oct 29, the pilots on Lion Air
flight JT610 battled to control their
737 Max as faulty data from a sen-
sor repeatedly forced the aircraft to
tilt its nose down, according to the
preliminary report, which included
evidence for the plane’s flight data
recorder, retrieved by divers. The
plane slammed into the Java Sea
minutes after leaving Jakarta, killing
everyone on board.
The report by Indonesia’s Nation-
al Transportation Safety Committee
Kirana’s appetite for expansion has made
him a key customer of both Boeing and
Airbus. Photo by Bloomberg
(NTSC) last month did not find a
cause for the crash. But it showed
that a malfunctioning sensor was
not repaired before the fatal flight —
even though it failed on the plane’s
previous trip, and it criticised Lion
Air’s safety culture. The plane’s cock-
pit voice recorder has yet to be found.
Faulty Lion air sensor not fixed
before crash, report finds
Boeing’s response to the NTSC re-
port upset Kirana. In a statement,
the Chicago-based manufacturer
noted the doomed plane continued
to suffer airspeed and altitude issues
on previous flights, even after main-
tenance work was carried out. And
Boeing said the pilots on the flight
immediately prior to JT610 had over-
come similar problems by following
appropriate procedures. It said the
737 Max “is as safe as any airplane
that has ever flown the skies”.
onto him.
“The plane was having an issue,”
he said. “I was the customer. Why
are they doing it now and doing it
against me — creating a perception
that I was to blame for the accident?”
According to Kirana, Boeing has
yet to deliver about 250 jets to Lion
Air. The manufacturer’s orders and
deliveries website shows 188 un-
filled orders.
It is almost impossible to cancel
firm plane orders without financial
penalties. In the interview, Kirana
rejected suggestions that his threat
to scrap purchases is a ploy to trim
an unnecessarily large order book
and that Lion Air is struggling to pay
for its planes. The airline’s deliveries
are fully funded through the end of
2020, he said.
But Kirana may have other op-
tions and a big cancellation from
a major customer that called into
question the reliability of Boeing’s
bestselling plane could have reper-
cussions for the manufacturer, even
if it managed to squeeze financial
penalties from Lion Air. If Kirana
cannot annul the orders, he might
still be able to resell or lease the new
Boeing aircraft to other airlines, said
Gerry Soejatman, an Indonesia avi-
ation analyst. That, in turn, would
distort the market for new and used
Boeing 737s, he said. “The ecosystem
is so intertwined,” he said.
Even after a major accident, it’s
rare for a public dispute to arise be-
tween airlines and the big plane
manufacturers when the cause of
the accident has not been deter-
mined. But Kirana has a reputation
his circle — as long as they don’t
betray him,” Soejatman said. “He
can be very unforgiving.”
A one-time salesman for products
including typewriters and cake in-
gredients, Kirana got his first taste of
how the aviation industry works as
at 27, holding up placards with cus-
tomers’ names at the airport, to help
them with customs and transit. One
day in the late 1990s he came across
an article about online ticketing.
“I realised back then this would
make the travel agency business
obsolete,” he said in the interview.
“That was the moment I contem-
plated setting up an airline.”
With the savings from his various
jobs, he and his brother rented a
jet, designed some uniforms, hired
four sets of crew and started Lion
Air. In the early days, the airline
was so unknown that travel agents
refused to pay a deposit when they
received his tickets. So Kirana al-
lowed them to pay him after they
sold the seats.
Now Lion Air as a group has near-
ly 350 aircraft flying to around 300
locations, with a further 467 planes
from Boeing and Airbus on order.
Kirana, a former adviser to President
Joko Widodo, is now Indonesia’s
ambassador to Malaysia and is no
longer in charge of the day-to-day
running of the airline.
But the loss of flight JT610 has
brought him into the global spotlight
and caused him to lean on his faith
to deal with the tragedy.
“This problem is heavy,” he said.
“God is the place where I share my
burden.” — Bloomberg

China’s outcast steel machines find unwelcome home in SE Asia

BY M A N O LO SERA PI O JR
CHINA banned induction furnaces
last year in a crackdown on polluting
producers of low-quality steel, but
these machines have made their way
to parts of Southeast Asia, hitting
domestic steelmakers and fuelling
safety and environmental concerns.
The Philippines and Indonesia
have seen an influx of these furnaces
since China prohibited their use for
steelmaking in June 2017, eliminat-
ing 140 million tonnes of capacity
— or just over the combined output
of the US and Germany.
The two Southeast Asian nations
— big steel importers with fast-grow-
ing economies — are ideal markets
for these induction furnaces, or IFs,
that produce cheaper steel.
But some big Indonesian and
Philippine steelmakers claim that
IF-produced steel does not meet
national quality standards and pos-
es a major risk in these countries
that are prone to earthquakes and
typhoons. They have urged their
governments to ban IFs.
Unlike electric arc furnaces, IFs
have limited or no capacity to remove
dogged its steel sector for years. It “If it’s an Asean directive, all gov- chairman of the Thailand Iron and
impurities in the process of produc-
has not stopped the sale of these ma- ernments are inclined to comply,” Steel Industry Club.
ing steel, resulting in inconsistent
chines to buyers outside China, most- said Trade Undersecretary Ruth Karim, in Indonesia, said he
product quality. Since most IFs in the
ly sold as second-hand equipment. Castelo from the Philippines, whose wrote to Jakarta’s environment min-
two countries produce rebar, which A trader based in top Chinese government has launched an inves- istry last month to draw attention to
is used in construction, rival steel-
steel-producing city Tangshan buys tigation of IFs that is currently un- companies using IFs, but has yet to
makers say that poses safety hazards.
and sells IFs with capacity of be- derway and is expected to be com- receive a response. Indonesia’s en-
In the Philippines, “the rebar tween 0.25 to 60 tonnes to, he says, pleted in the first quarter of 2019. vironment and industry ministries
market is under attack from IF pro-“whoever wants to buy”. The total capacity of IFs in the did not respond to repeated requests
ducers” which sell the product 20% “I can also send it to overseas Philippines has surged to 400,000- for comment by Reuters.
cheaper than those from electric buyers as long as their country is 500,000 tonnes from 150,000-200,000 Authorities had to shut some
arc furnaces, said Roberto Cola, okay with importing second-hand tonnes two years ago, said Cola, who plants using IFs in the Philippines
president of the Philippine Iron and
equipment,” said the trader who is also vice president of leading Phil- for violating environmental laws,
Steel Institute. spoke on condition of anonymity, ippine steelmaker Steel Asia Manu- but allowed them to resume op-
In Indonesia, after China banned
adding there are container com- facturing Corp. In Indonesia, 30-40% erations after they complied, En-
IFs, the furnaces were imported by panies that process the shipping. of domestic rebar producers use IFs, vironment Undersecretary Benny
factories to reduce steelmaking costs Another Tangshan-based trader said Karim of Krakatau Steel. Antiporda said.
at the expense of safety, said Silmy
said many of these machines are Elsewhere in the region, Vietnam Castelo, the Philippine trade of-
Karim, chief executive of top Indo-shipped to Southeast Asian nations has not seen any movement of IFs ficial, said she visited three steel
nesian steelmaker Krakatau Steel. such as Indonesia and Cambodia, from China since the latter banned plants using IFs and found them
“Imagine, Indonesia is an epicen-
most of them exported as parts the furnaces in 2017, said Chu Duc either lacking or without anti-pol-
tre for earthquakes, so we must be and then assembled at the final Khai, vice-chairman of the Vietnam lution devices.
vigilant. They must be prohibited,”destination. Steel Association, adding that the “It’s not safe even for the work-
said Karim who is also chairman The Asean Iron and Steel Council government is not allowing new ers and for the neighbouring areas,”
of the Indonesian Iron and Steel urged member governments in Janu- investment in IFs. said Castelo.
Association. ary to prohibit the imports of Chinese There are also no new IF invest- “[But] we cannot just ban it with-
IFs for use in steelmaking, saying ments in Thailand with the rebar out justification so we have to go
‘Whoever wants to buy’ the region has become a preferred market there facing overcapaci- through due process,” she said, re-
In banning IFs, China was also ad- destination for the “obsolete and ty, making it unattractive for new ferring to the investigation into IFs.
dressing the overcapacity that has unwanted equipment from China”. entrants, said Wikrom Vajragupta, — Reuters
TUES DAY DEC E MBE R 1 8 , 20 1 8 • T HEED G E FINA NCIA L DA ILY 21
22
live it!
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
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T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY
PHOTOS BY BLOOMBERG
Ex-Apple engineer turns stinky sauce into
UPSCALE CONDIMENT
Red Boat Fish Sauce vessels after communist North Vietnam
conquered South Vietnam in 1975. “And
International forecasts at more than US$1
billion in 2019 and which has been led by
is now found in the the most important role in the fish sauce
process occurs on the boat with the salting
Vietnam’s Mason Group Corp and Thai-
land’s Tang Sang Hah Co. Pham plans to
kitchens of Michelin- of the fish. The ratio of salt to fish and the
timing of salting the fish is what dictates
double his output next year. His company
has experienced 40% year-on-year growth
starred restaurants the outcome of the product.”
His circuitous journey back to Viet-
since 2011; it entered the European mar-
ket this year and plans to expand into the
nam began with business trips as a tech Middle East in late 2019. Pham’s bottles,
BY J O HN BO U DRE AU worker and culminated with his decision emblazoned with twin-sail red boats, are
I
in 2006 to produce what he considers sold in the US in outlets such as Dean &
t is rush hour on Phu Quoc island’s the world’s purest fish sauce, made only Deluca Inc, Whole Foods Market Inc,
Duong Dong river as Cuong Pham’s from two ingredients — black anchovies Trader Joe’s Co, and, as of this month,
craft navigates diesel-belching fish- caught with nets off Vietnam’s Phu Quoc Costco Wholesale Corp.
ing boats coming in from the sea archipelago and salt — that are ferment- Pham sold his first bottles from a sport
with their overnight catch of an- ed for 12 months in giant tropical-wood utility vehicle he drove around to Asian
chovies piled high on decks. The barrels. Red Boat’s first-press fish sauce markets in California, logging more than
Vietnamese-American and former Ap- retails at about US$8 (RM33.44) or more 25,000 miles (40,234km) in the first year
ple Inc engineer, who fled his homeland for a 250-millilitre bottle, three to four and facing rejection about 90% of the time.
on a boat decades earlier, has returned times the price of mass-produced fish Some buyers were initially turned off by
to Vietnam from Silicon Valley in the sauce, and has become popular among the brand’s high price. He was frequently
unlikely role of fish sauce entrepreneur foodies and celebrity chefs. advised by store owners and distributors
whose condiment has become a global Red Boat is producing 600,000 litres to to pick another product because Asian
culinary sensation. 700,000 litres of sauce annually, a fraction markets were already saturated with com-
At the moment, Pham is giving chefs of the global market, which Euromonitor peting brands. But Red Boat’s singular
from the US and Europe an overview of
his Red Boat Fish Sauce operations, de-
cidedly low-tech but infused with a Steve
Jobs-like obsession with quality. It took
Pham, who acquired a small fish-sauce
barrel house in 2006, three years to pro-
duce the first batch he considered good
enough to sell after investing US$500,000
and commuting between California and
Vietnam. He sold his first bottle in 2011.
Now, gourmands make pilgrimages to
Red Boat’s riverside operations on Phu
Quoc island off the south-west coast of
Vietnam, right on the border with Cam-
bodia. The island is known as a Napa
Valley or Bordeaux for fish sauce, with
recognised designation of origin status.
“My life really started on a boat when
I left Vietnam. I was a boat person,” said
Pham, 60, as his vessel transporting
110-pound (50kg) sacks of salt squeezes
past those inbound from the Gulf of Thai-
land, where his two boats are anchored.
Like hundreds of thousands, Pham and his
family slipped out of Vietnam on rickety Pham (centre) introducing guests to special salt from the port city of Vung Tau during a Nov 2 site visit.

TUES DAY DEC E MBE R 1 8 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
flavour — less of a fish taste and more
of a tantalising funk like that of Iberico
ham or Parmesan cheese — quickly gar-
nered business from Vietnamese who
remembered the traditional fish sauce
from their homeland, nuoc mam nhi.
“The older generation of Vietnamese
buy it by the case because they are afraid
they won’t be able to find it again,” he
said. “You see these old ladies limping
out of the stores carrying cases.”
Red Boat Fish Sauce is now found in
the kitchens of Michelin-starred restau-
rants such as San Francisco’s State Bird
Provisions and Mister Jius, Tim Raue
in Berlin, and New York’s Le Bernadin.
The purity of Red Boat’s amber sauce
— untouched by additives or sugar typi-
cally found in rival sauces — is encour-
aging chefs around the US to use it in
non-Asian dishes, and that is causing
Americans to experiment with fish sauce
in their home kitchens, said Edward Lee,
culinary director of Succotash in Nation-
al Harbor, Maryland and Penn Quarter,
Washington.
“I love using it in Italian food,” said
Michelle Minori, former executive chef
of San Francisco’s Barzotto and one of
those visiting Red Boat’s facilities. “It
gives a flavour you can’t really put your
finger on ... and rounds out a dish’s com-
plexity. It’s the flavour you only get from
time and fermentation.”
Red Boat has the highest level of natu-
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
01. Up to 14 tonnes of anchovies go into
one barrel, which holds 3,000 litres to
5,000 litres of fermenting sauce.
02. Chefs invited by Red Boat to sample
the sauce sitting for a beachside feast.
03. Red Boat’s product line.
ral protein — four grammes per tablespoon
— than any fish sauce sold in the US, Pham
said. On each Red Boat label is 40° N, which
refers to the number of grammes of nitrogen
in each litre. Higher level of nitrogen produc-
es more protein, which increases the sauce’s
intricacies and umami, he said. Users report
having to use less of it than other brands.
Pham also produces a kosher sauce, a
Chef’s Cuveé 2015 double barrel-aged in
Kentucky bourbon barrels previously used
for maple syrup, and 50° N Phamily Re-
serve Hardwood Smoked Fish Sauce, also
barrel-aged. Many cooks marinate their
steaks with the bourbon barrel fish sauce
to produce “a flavour similar to dry-aged
steak”, said Pham.
At the urging of chefs, he has also start-
ed selling fish sauce in solid form: Red Boat
Salt, to be used in cooking and as finishing.
Chef The Duc Ngo, who operates 11 res-
taurants in Berlin and Frankfurt, said Red
Boat is generating a new global interest in
03
fish sauce. “A lot of chefs think of fish sauce
as being salty and stinky. This fish sauce is
not salty,” he said as he sampled it from bar-
rels. “It is mild, round. The umami flavour
is very intense.”
“They only use anchovies. There aren’t
any other fish parts or squid guts in there”,
so it has a “really clean flavour” and is the
“highest-quality” around, said Lee, author of
Buttermilk Graffiti: A Chef’s Journey to Dis-
cover America’s New Melting-Pot Cuisine. “It’s
no longer just a Vietnamese dipping sauce
but part of a gravy, part of stews.”
Pham’s trek to Phu Quoc began with a
longing to find the fish sauce he tasted from
his mother’s kitchen while growing up in
Saigon, now called Ho Chi Minh City. He
vividly recalled the days leading up to the
fall of Saigon in April 1975: Incessant gunfire
filled the air and US helicopters thumped
overhead, ferrying Americans and Vietnam-
ese from the US embassy’s compound hours
before communist troops stormed the city.
“We knew it was the end,” Pham recalled.
“We were freaked out.”
He and his family — his father had worked
closely with the US government during the
Vietnam War and was in danger — eventu-
ally left the country in separate fishing boats
in rough waters full of pirates. He arrived in
the US at age 21, unable to speak English
but eager to begin a new life. He worked
in Silicon Valley for over 25 years as an Ap-
ple systems architect, and later at Oracle
Corp, Anderson Consulting, and a start-up
acquired by Verizon Communications Inc.
In 2005, he visited Phu Quoc for the first
time and was dismayed to see the island
live it! 23
01
02
overrun by producers choosing shortcuts
to make sauces with additives, preserva-
tives, and flavour enhancers, the fallout
from the double-whammy of a US trade
embargo starving exports and many fish-
ermen leaving the country.
“Premium fish sauce producers had to
either cut down on production, or they
switched to producing low-end sauce
because of economic conditions,” said
Pham. He brought a couple of bottles back
from a small operation still making the
pure sauce and gave them to his mother.
“She literally cried,” he said.
The government plans Phu Quoc to
be a major tourist region, and the island
is humming with construction of resorts
and condos as dusty red-soil roads are
paved over. Pham, whose three adult
children have joined his business, is
betting on the island’s past.
He was initially viewed with suspicion,
said Pham, looking a bit like a tourist,
sock-less in dock shoes and wearing
black frame glasses, blue shorts, and
Red Boat T-shirt while standing on his
transport boat chugging out to sea. His
crew, some in flip-flops, others barefoot,
prepared to offload sacks of salt onto the
fishing boat.
“At first they thought, ‘The expat is
coming back and will take all the fish,’”
he said. “Then they thought I was crazy,
‘Why is he doing this?’ They walk into the
factory and they expect to see conveyor
belts and forklifts. We are artisanal. We
are doing something no one else wants
to do.” — Bloomberg
2 4 S P O RT S T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

Thomas voted BBC Embarrassment leaves Mourinho

running out of time at United

Sports Personality
BY K I E R A N C A N N IN G
LIVERPOOL: Manchester United
had not lost to Liverpool in the
Premier League for eight games
ille on Sky Sports.
“Not one of them. I find it stag-
gering. United were awful.”
The wasted millions that have
led United to this position were

of the Year
The cyclist topped the public vote ahead of Hamilton and Kane
BY I AN CHA DB A N D
LONDON: Cyclist Geraint Thomas
(pic) was voted BBC Sports Person-
ality of the Year on Sunday, receiv-
ing British sport’s premier annual
individual accolade in Birmingham
as a reward for his remarkable Tour
de France triumph.
The Welshman, whose victory in
cycling’s most prestigious race was
the sixth by a British rider in seven
years, topped the public vote ahead
of Formula One (F1) world cham-
pion Lewis Hamilton and England
football captain Harry Kane.
Thomas was the first Welshman
to win the award since football
player Ryan Giggs in 2009.
“I feel very lucky to have come
into cycling when I did. I just went
down to the local leisure centre for
REUTERS
a swim and instead I rode my bike,”
Thomas said.
Although he had previously been
a double Olympic champion on the
track, he had lived in the shadow
of four-time Tour de France win-
ner Chris Froome in Team Sky until
beating his teammate and defend-
ing champion in the 2018 race.
“As a bike rider, I always focus
on myself. Obviously, people want
me to win, but hearing stories like
Tyson [Fury]’s and Billy [Monger]’s,
you realise that what we do does
inspire people back home,” Thom-
as said.
Fury amazingly beat the count
after being knocked down in his
world heavyweight title draw with
Deontay Wilder while youngster
Monger made an uplifting come-
back to motor racing after having
his legs amputated following a For-
mula Four crash.
It completed a happy day for the
32-year-old Thomas at the end of
an unsettling week in which Sky,
sponsors of Team Sky, announced it
would end its involvement with his
team at the end of 2019. — Reuters
and over four years prior to Sun-
day’s 3-1 defeat, but the current
chasm between the two sides was
exposed as Jose Mourinho’s men
fell 19 points behind the league
leaders at Anfield.
Match-going United fans have
been reluctant to turn on Mour-
inho, instead often pointing fin-
gers at executive vice-chairman
Ed Woodward’s reluctance to
back the manager in the trans-
fer market this summer or the
club’s American owners, the Glaz-
er family.
However, by the end of pro-
ceedings on Sunday, as two de-
flected Xherdan Shaqiri strikes
in the final 17 minutes sealed a
thoroughly deserved victory for
the hosts, it was Liverpool fans
who sarcastically sang “don’t sack
Mourinho”.
The Portuguese coach said he
accepted responsibility for a fifth
defeat of the season that leaves
the 20-time champions of Eng-
land 11 points adrift of even a
top-four finish.
But he also pointed the fin-
ger at what he described as “per-
manently injured” players and
claimed both sides played “in
relation to their qualities”.
That does not say much for
Mourinho’s management as de-
laid bare at Anfield as Paul Pog-
ba, who cost a then world-record
£89 million in 2016, was left on
the bench for the full 90 minutes.
Another near £100 million of
attacking talent in Juan Mata and
Anthony Martial also started on
the sidelines, while £50 million
close-season signing Fred did not
even make an injury-hit match
day squad.
“If you came down from the
moon today and knew nothing
about football you’d say United
are an average Premier League
side,” said another former United
captain Roy Keane in a withering
assessment of the Red Devils’
predicament.
“They are Manchester United
of the 1980s, they can be a decent
cup team.”
United must now watch their
two fiercest rivals battle it out for
the title, while already a top-four
finish looks like a tall order for
Mourinho’s men.
Ultimately, it was failure to
qualify for the Champions League
that cost Mourinho’s predeces-
sors Louis van Gaal and David
Moyes their jobs. The same fate
is likely to meet Mourinho, de-
spite extending his contract to
2020 earlier this year.
“Will Mourinho leave? I think it

Koepka closes year at No 1 as spite Liverpool spending more

than any other Premier League
club this summer to mount a title
will happen,” added Neville, who
reserved much of the blame for
Woodward and the board.

Rose falters in Indonesia challenge, United’s transfer spend

JAKARTA: Brooks Koepka will fin-
ish 2018 as the No 1 ranked player
in the world after England’s Justin
Rose posted his worst round of the
year on Sunday with an opportuni-
ty to claim the top spot in the final
round of the Indonesian Masters.
Rose, the defending champion at
Jakarta Golf Club, entered the final
week of tournaments 0.402 points
behind Koepka. With the American
idle, Rose needed a two-way tie for
16th or better to close the year atop
the world rankings for the first time.
That opportunity began to slip
through Rose’s grasp when he
opened Sunday’s final round three-
over par through two holes. He card-
ed a 39 on the front nine, then ne-
gated a birdie on No 10 with a triple
bogey on the par-five 12th.
Rose ended up posting a three-
over 75 — one shot worse than
the three 74s that had marked his
worst rounds of the year entering
this week.
It was a disappointing end to a
fantastic 2018 for Rose, who twice
ascended to No 1 in the world, won
the FedEx Cup, was part of Team Eu-
rope’s dominating Ryder Cup victory
and entered this week no finishing
no worse than eighth in any of his
past seven worldwide starts dating
back to August.
Rose was the defending cham-
pion in Jakarta, having gone wire-
to-wire for an eight-shot victory last
year. After opening with consecutive
rounds of 68, he appeared well on
Official World Golf Ranking
POS PLAYER
1 Brooks Koepka
2 Justin Rose
3 Dustin Johnson
4
5
Justin Thomas
Bryson DeChambeau
6 Jon Rahm
7 Francesco Molinari
8 Rory McIlroy
9 Rickie Fowler
10 Tony Finau
Source: www.PGATOUR.com
Koepka teeing off during the second round of the WGC-HSBC Champions golf
tournament in Shanghai in October. Photo by AFP
his way toward securing that covet-
ed year-end No 1 ranking.
Even after a mediocre 71 on Sat-
urday, Rose was in great shape for
under Mourinho in recent years
still dwarfs that of any side other
than champions Manchester City.
“Not one of the United mid-
fielders can pass a football,” said
POINTS
COUNTRY AVERAGE former United captain Gary Nev-
USA 10.06
ENG 10.02
USA 8.81 Messi hattrick against Levante
USA
USA
8.38
7.17
restores Barcelona’s La Liga lead
ESP 6.84 MADRID: Lionel Messi continued
ITA 6.30 his sublime form by netting his
NIR 6.29 31st La Liga hattrick as Barcelona
USA 5.81
thrashed Levante 5-0 on Sunday
to regain their three-point lead at
USA 5.75
the top of the table.
The 31-year-old Argentinian
arrived in Valencia having scored
two free kicks in previous week-
end’s derby thumping of Espanyol.
He took his goals tally for the sea-
son to 20 after a virtuoso display,
while also teeing up Luis Suarez’s
35th-minute opener and Gerard
Pique’s late fifth.
Barca were under pressure after
Atletico Madrid and second-placed
Sevilla had both moved level on
points with the Catalan giants.
But after resting his key stars
for their final Champions League
group-stage match against Totten-
ham in midweek, coach Ernesto
Valverde saw his refreshed side
cruise to a third straight league win
without conceding a goal.
“At the beginning it was diffi-
the top spot entering the final round cult, they squeezed us and had
in a share of fourth place. That quick- a chance that hit the woodwork,”
ly began to unravel on the front nine. said Valverde.
— Reuters
“Nobody above him can han-
dle him. They don’t know what
to do with him, they don’t know
what to say to him. They don’t
know what he’s going to say at
every press conference. It will cost
a fortune to lose him now.” — AFP
Levante started the game
brightly and visiting goalkeeper
Marc-Andre ter Stegen was forced
into an early save by Ghanaian
Emmanuel Boateng.
But Barca did not take long to
start moving through the gears,
with Messi curling wide from
long range before testing Oier
Olazabal in the Levante goal with
a free kick.
Just seconds after Boateng ham-
mered a left-footed strike against
the crossbar, he broke the deadlock
as Messi jinked through a mesmer-
ised home defence and picked out
Suarez who volleyed home.
But Levante, who had end-
ed Barcelona’s dreams of going
through last season’s La Liga cam-
paign unbeaten with a remarka-
ble 5-4 victory in the penultimate
game, came close to a quick re-
sponse as Jose Luis Morales fired
over.
The match was all but ended as
a contest when Messi bore down
on goal two minutes before half-
time and drilled low into the net.
— AFP
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
Markets 2 5
BURSA MAL AYSIA MAIN MARKET

Bursa Malaysia YEAR

HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE COUNTER CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
0.982 0.550 0.580 0.550 8966 PRLEXUS 0.580 -0.010 107 0.550 12.11 2.59 104.6
Sectorial Movement 1.049
1.653
0.700 0.740
0.920 1.300
0.735
1.250
7134
7237
PWF
PWROOT
0.735
1.260
UNCH
0.030
32.8
68.4
0.736 10.71
1.258 31.74
4.08
4.68
127.9
506.8
7.630 4.225 6.490 6.220 7084 QL 6.320 -0.180 820.5 6.368 49.14 0.71 10,253.8
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG 0.600 0.360 0.410 0.410 9946 REX 0.410 UNCH 200 0.410 — — 101.1
FBM KLCI 1,641.62 -20.34 -1.22 CONSTRUCTION 151.55 -3.28 -2.12 0.267 0.180 0.195 0.190 0037 RGB 0.195 UNCH 452.3 0.191 0.25 3.13 300.0
0.994 0.750 0.800 0.760 5278 RHONEMA 0.800 UNCH 0.3 0.773 11.70 6.25 132.8
FBM ACE 4,262.87 -127.24 -2.90 CONSUMER PRODUCTS & SERVICES 637.99 -6.57 -1.02 1.362 0.375 0.400 0.375 0183 SALUTE 0.375 -0.035 1066.4 0.384 20.05 6.40 145.5
FBM TOP 100 11,162.46 -155.07 -1.37 ENERGY 842.82 -24.31 -2.80 0.380 0.115 0.355 0.350 9113 SANBUMI 0.350 -0.010 1520.8 0.353 — — 79.2
FBM EMAS 11,258.04 -161.07 -1.41 FINANCIAL SERVICES 17,119.79 -237.97 -1.37 0.705 0.200 0.220 0.210 5252 SASBADI 0.215 -0.010 767.5 0.216 44.79 3.12 90.1
0.520 0.280 0.285 0.280 5157 SAUDEE 0.280 UNCH 60 0.282 — — 37.1
FBM MID 70 12,947.97 -245.59 -1.86 HEALTH CARE 1,317.31 -9.26 -0.70 0.675 0.577 0.645 0.640 9792 SEG 0.645 UNCH 70.4 0.644 17.97 4.26 815.6
FBM MIDS CAP 11,666.15 -239.99 -2.02 INDUSTRIAL PRODUCTS & SERVICES 165.44 -1.36 -0.82 1.570 1.250 1.300 1.290 5250 SEM 1.300 UNCH 83.2 1.299 26.86 2.08 1,603.4
FBM SMALL CAP 11,303.25 -253.50 -2.19 PLANTATION 6,559.10 -88.56 -1.33 0.707 0.480 — — 7180 SERNKOU 0.535 — — — 14.27 — 128.4
6.336 4.581 5.710 5.560 5517 SHANG 5.710 0.090 9.6 5.647 31.05 2.63 2,512.4
FBM FLEDGLING 14,177.28 -308.31 -2.13 PROPERTY 881.56 -6.01 -0.68 1.350 0.510 0.510 0.510 7412 SHH 0.510 -0.020 4 0.510 — 9.80 25.5
FTSE4GOOD BURSA M’SIA 913.05 -12.54 -1.35 REAL ESTATE INVESTMENT TRUSTS 911.20 0.42 0.05 0.775 0.365 0.385 0.385 7246 SIGN 0.385 UNCH 20 0.385 14.42 3.90 92.5
FBM PALM OIL PLANTATION MYR 10,891.27 -61.18 -0.56 TECHNOLOGY 29.08 -0.72 -2.42 2.969 1.979 2.340 2.280 4197 SIME 2.310 -0.010 4305.5 2.310 27.34 2.60 15,709.9
0.750 0.200 0.285 0.280 8532 SINOTOP 0.285 -0.005 151 0.282 219.23 — 112.5
FBM EMAS SHARIAH 11,187.93 -160.35 -1.41 TELECOMMUNICATION & MEDIA 590.70 -8.35 -1.39 0.418 0.110 0.115 0.110 9776 SMCAP 0.115 UNCH 598 0.113 0.71 — 24.6
FBM HIJRAH SHARIAH 12,681.52 -170.57 -1.33 TRANSPORTATION & LOGISTICS 715.53 -8.15 -1.13 0.320 0.225 — — 7943 SNC 0.270 — — — — — 17.8
0.370 0.295 0.320 0.300 5242 SOLID 0.320 UNCH 70.2 0.300 57.14 0.63 125.4
FBM MIDS CAP SHARIAH 11,118.91 -249.54 -2.20 UTILITIES 921.75 -3.06 -0.33
2.460 2.090 — — 7103 SPRITZER 2.180 — — — 15.87 2.52 457.8
2.588 1.920 — — 9865 SUIWAH 1.920 — — — 9.41 0.52 117.1
1.051 0.590 0.690 0.640 7186 SWSCAP 0.690 -0.005 11 0.667 — — 125.8
Bursa Malaysia Main Market 0.411
0.430
1.877
0.210 0.235
0.280
1.268 1.450
—
0.225
—
1.390
7082
7211
4405
SYF
TAFI
TCHONG
0.225
0.305
1.390
-0.015
—
-0.050
178
—
62.8
0.229
—
—
—
1.430 21.45
6.67
—
2.16
139.3
24.4
934.1
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP 1.440 0.720 0.730 0.720 7439 TECGUAN 0.720 -0.010 14 0.724 — — 28.9
0.459 0.220 0.270 0.240 7200 TEKSENG 0.245 0.005 278.2 0.251 — 8.16 85.3
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) 1.073 0.735 0.940 0.910 7252 TEOSENG 0.940 0.010 387.8 0.932 10.89 — 282.0
CONSUMER PRODUCTS & SERVICES 1.199 0.837 — — 9369 TGL 0.940 — — — 6.39 5.32 38.3
1.132 0.717 0.790 0.785 0012 3A 0.790 UNCH 31.3 0.790 11.88 2.53 388.7 0.768 0.480 — — 7230 TOMEI 0.530 — — — 15.59 1.89 73.5
0.450 0.205 0.230 0.220 5238 AAX 0.225 UNCH 9962.9 0.225 — — 933.3 0.420 0.320 — — 7176 TPC 0.360 — — — 112.50 — 84.2
0.510 0.300 0.425 0.400 7120 ACOSTEC 0.415 UNCH 643.9 0.410 — — 80.7 6.926 4.200 5.650 5.240 4588 UMW 5.500 UNCH 650.5 5.484 12.46 0.91 6,425.6
2.606 1.426 1.600 1.550 6599 AEON 1.550 -0.020 308.4 1.564 21.89 2.58 2,176.2 2.478 2.080 2.190 2.080 7757 UPA 2.170 -0.030 7.8 2.154 17.17 3.69 172.7
0.300 0.120 0.125 0.125 7315 AHB 0.125 UNCH 153 0.125 — — 22.0 1.170 0.750 0.900 0.890 7240 VERTICE 0.900 UNCH 55.2 0.892 — — 168.2
8.870 4.799 8.040 8.000 7090 AHEALTH 8.000 -0.080 9.4 8.018 17.17 1.63 940.4 2.404 1.120 — — 7203 WANGZNG 1.260 — — — 19.69 3.17 201.6
3.974 1.997 2.750 2.670 5099 AIRASIA 2.730 -0.010 4585.1 2.719 3.26 8.79 9,123.6 2.339 1.961 2.060 2.060 5016 WARISAN 2.060 UNCH 6 2.060 20.70 1.94 138.4
24.942 17.740 18.100 17.900 2658 AJI 17.900 -0.100 11.7 17.952 18.28 2.60 1,088.3 0.210 0.105 0.130 0.120 5156 XDL 0.125 -0.005 9675.1 0.125 14.88 — 225.6
0.370 0.200 — — 7051 AMTEK 0.230 — — — — — 11.5 0.625 0.465 — — 7121 XIANLNG 0.480 — — — 114.29 — 38.4
8.344 6.400 6.500 6.400 6351 AMWAY 6.490 0.090 2.4 6.458 23.17 3.08 1,066.9 0.065 0.035 — — 5155 XINQUAN 0.055 — — — — — 26.7
0.035 0.005 0.020 0.020 5194 APFT 0.020 UNCH 1030 0.020 — — 26.8 2.307 1.900 1.900 1.900 5584 YEELEE 1.900 -0.030 2.8 1.900 8.95 2.37 364.0
4.462 3.577 3.620 3.600 6432 APOLLO 3.610 -0.040 6 3.610 25.12 5.54 288.8 1.310 0.993 1.030 1.020 5159 YOCB 1.030 0.010 39.3 1.023 6.19 3.88 164.8
0.240 0.110 0.120 0.110 1481 ASB 0.115 UNCH 1259.8 0.115 — 2.17 106.9 3.39 2.267 2.630 2.620 7178 YSPSAH 2.620 -0.010 34.1 2.623 12.57 2.67 362.3
0.776 0.355 0.355 0.355 7722 ASIABRN 0.355 -0.065 0.2 0.355 — — 82.6 2.023 1.231 1.270 1.240 5131 ZHULIAN 1.270 UNCH 46.5 1.252 12.16 5.91 584.2
2.848 2.380 2.680 2.550 7129 ASIAFLE 2.550 -0.040 0.4 2.640 9.38 5.88 496.6 INDUSTRIAL PRODUCTS & SERVICES
4.596 3.963 — — 7048 ATLAN 4.400 — — — 23.07 7.05 1,116.1 0.150 0.070 0.075 0.070 7086 ABLEGRP 0.070 -0.005 430.5 0.072 — — 18.5
0.425 0.200 0.240 0.230 8885 AVI 0.240 0.005 81.5 0.234 — — 206.1 0.700 0.350 0.380 0.350 7191 ADVENTA 0.350 -0.050 92 0.359 28.00 — 53.5
38.680 21.708 35.960 34.500 4162 BAT 34.700 -1.320 328.5 35.090 22.86 4.35 9,907.9 2.155 1.780 — — 9148 ADVPKG 2.000 — — — 24.97 4.50 41.0
2.380 1.800 2.180 2.160 5248 BAUTO 2.170 UNCH 3880.5 2.170 11.35 5.00 2,523.5 0.185 0.110 — — 7146 AEM 0.120 — — — — — 35.9
0.070 0.030 0.040 0.035 7243 BIOOSMO 0.040 0.005 1005.1 0.035 — — 31.8 0.740 0.370 — — 5198 AFUJIYA 0.410 — — — 13.06 — 73.8
1.864 1.291 1.330 1.300 5196 BJFOOD 1.330 0.020 62.6 1.316 147.78 3.01 507.9 0.420 0.230 — — 2682 AISB 0.255 — — — 3.74 — 36.8
0.400 0.185 0.190 0.185 4219 BJLAND 0.185 -0.005 1067.4 0.186 — — 925.1 0.673 0.491 0.520 0.520 7609 AJIYA 0.520 -0.005 5 0.520 6.35 1.92 158.4
2.533 1.954 2.180 2.140 1562 BJTOTO 2.160 -0.010 1000.9 2.159 12.01 7.41 2,918.2 0.250 0.160 0.165 0.165 9954 AKNIGHT 0.165 UNCH 1966.3 0.165 — — 95.2
0.437 0.225 0.255 0.250 9288 BONIA 0.250 UNCH 65.1 0.252 14.37 5.00 201.6 1.080 0.480 0.505 0.500 2674 ALCOM 0.505 0.015 12 0.503 22.15 — 67.8
0.505 0.170 0.190 0.175 9474 BRAHIMS 0.175 UNCH 20.8 0.190 — — 41.3 1.414 1.006 — — 7083 ANALABS 1.140 — — — 14.38 0.44 136.9
1.020 0.570 0.585 0.570 7174 CAB 0.585 UNCH 102.8 0.577 12.37 0.85 378.1 0.682 0.366 0.505 0.495 4758 ANCOM 0.505 -0.015 77.8 0.501 5.09 — 121.6
1.279 0.472 1.030 0.995 7154 CAELY 1.030 -0.010 186 1.008 78.03 0.97 83.4 3.658 1.190 1.230 1.190 6556 ANNJOO 1.200 -0.010 326.2 1.200 3.64 15.83 671.9
0.415 0.220 — — 7128 CAMRES 0.230 — — — 16.67 — 45.3 0.105 0.040 0.045 0.040 9342 ANZO 0.040 UNCH 1586.1 0.040 — — 35.2
2.129 1.403 — — 5245 CARING 1.650 — — — 18.52 3.03 359.2 0.927 0.800 — — 5568 APB 0.810 — — — — 3.70 91.4
20.612 14.243 19.800 19.400 2836 CARLSBG 19.800 0.040 80.7 19.679 23.31 4.28 6,053.8 3.757 2.900 3.000 2.900 5015 APM 3.000 -0.050 12.4 2.988 17.15 4.50 604.8
2.300 1.470 1.550 1.490 2925 CCB 1.490 -0.110 63.1 1.508 183.95 — 150.1 0.919 0.660 0.750 0.690 7214 ARANK 0.735 -0.010 94.4 0.709 6.61 4.42 88.9
1.010 0.410 0.465 0.410 7035 CCK 0.420 -0.050 2222.6 0.431 7.14 3.57 264.9 1.159 0.635 0.660 0.635 7162 ASTINO 0.640 -0.045 198.2 0.645 6.06 1.56 175.4
1.463 1.020 1.060 1.020 7148 CCMDBIO 1.020 -0.040 115.1 1.027 15.02 3.99 675.1 2.000 1.340 1.800 1.610 8176 ATAIMS 1.620 -0.210 4125.9 1.692 19.19 — 1,858.2
0.540 0.300 — — 7209 CHEETAH 0.300 — — — 83.33 1.33 38.3 1.064 0.650 0.650 0.650 7099 ATTA 0.650 -0.010 14.8 0.650 2.45 12.31 138.7
2.220 1.510 1.510 1.510 2828 CIHLDG 1.510 -0.010 1.6 1.510 9.58 6.62 244.6 0.470 0.074 0.470 0.300 7181 ATURMJU 0.340 -0.010 58.9 0.352 — — 22.9
0.150 0.060 0.065 0.060 5104 CNI 0.060 UNCH 32 0.061 200.00 — 43.2 0.969 0.596 0.780 0.755 7579 AWC 0.780 0.005 165.4 0.764 9.68 0.64 224.2
0.145 0.035 0.035 0.035 5188 CNOUHUA 0.035 UNCH 150 0.035 — — 23.4 0.438 0.313 0.350 0.340 5021 AYS 0.350 UNCH 63 0.345 5.44 7.14 133.1
2.541 1.852 2.000 1.900 7205 COCOLND 2.000 UNCH 6.3 1.965 14.59 3.00 457.6 2.146 1.182 — — 8133 BHIC 1.340 — — — — 2.61 332.9
0.085 0.005 0.020 0.020 03016 CRG 0.020 UNCH 136.2 0.020 4.26 — 16.1 0.470 0.260 0.280 0.280 7005 BIG 0.280 -0.020 19 0.280 — — 13.5
1.619 1.082 1.130 1.130 7202 CSCENIC 1.130 -0.030 2.7 1.130 17.94 6.19 136.2 0.195 0.115 0.130 0.130 6998 BINTAI 0.130 -0.015 9.8 0.130 10.00 — 37.6
0.020 0.010 — — 5214 CSL 0.010 — — — — — 12.4 0.395 0.260 0.275 0.270 3395 BJCORP 0.270 -0.005 13354.5 0.271 — — 1,329.4
0.540 0.435 — — 9423 CWG 0.440 — — — 8.84 3.41 55.6 0.822 0.505 0.540 0.530 0168 BOILERM 0.530 -0.010 100.9 0.532 12.68 3.30 273.5
0.040 0.025 0.030 0.025 7179 DBE 0.025 -0.005 2071.1 0.028 — — 67.0 0.100 0.040 0.045 0.040 7036 BORNOIL 0.045 UNCH 6533.6 0.045 — — 240.3
1.090 0.897 — — 7119 DEGEM 1.050 — — — 13.04 0.95 140.7 1.340 0.865 1.000 1.000 6297 BOXPAK 1.000 -0.030 3 1.000 — — 120.0
4.309 2.150 2.220 2.150 5908 DKSH 2.150 -0.010 247.1 2.191 6.81 4.65 339.0 1.149 0.818 0.980 0.960 5100 BPPLAS 0.980 UNCH 14.5 0.966 10.21 4.08 183.9
74.652 55.645 62.300 61.900 3026 DLADY 62.300 -0.160 1.8 62.023 33.18 1.61 3,987.2 0.285 0.155 0.155 0.155 9938 BRIGHT 0.155 -0.005 137.5 0.155 — — 31.8
2.711 1.636 1.800 1.710 1619 DRBHCOM 1.720 -0.080 4651.4 1.732 — 1.74 3,325.2 0.780 0.280 — — 7221 BSLCORP 0.360 — — — — — 35.3
0.275 0.100 — — 2097 EASTLND 0.105 — — — — — 25.8 2.800 1.401 1.440 1.420 2771 BSTEAD 1.420 -0.030 11.5 1.421 40.00 5.28 2,878.3
0.735 0.509 — — 5081 EIG 0.600 — — — 25.10 5.00 142.3 0.300 0.100 0.105 0.105 7188 BTM 0.105 0.005 88 0.105 — — 14.8
0.100 0.050 0.070 0.060 7182 EKA 0.070 UNCH 51 0.060 — — 21.8 2.940 1.920 2.160 2.050 5105 CANONE 2.050 -0.090 163.3 2.100 7.69 1.95 393.9
0.265 0.150 — — 9091 EMICO 0.165 — — — — — 15.8 0.015 0.010 — — 5229 CAP 0.010 — — — — — 13.6
1.415 0.943 — — 7149 ENGKAH 1.020 — — — 45.13 2.94 72.2 1.858 0.960 1.000 0.980 7076 CBIP 1.000 0.015 2113.7 1.000 11.39 5.00 538.2
0.365 0.130 0.135 0.130 7208 EURO 0.130 -0.005 112.6 0.132 — — 34.7 2.410 1.550 1.750 1.740 2879 CCM 1.740 -0.010 22.7 1.747 29.49 4.02 291.8
0.750 0.570 0.570 0.570 7094 EUROSP 0.570 -0.030 10 0.570 — — 25.3 1.600 1.260 — — 8435 CEPCO 1.260 — — — — — 56.4
40.000 25.548 33.100 30.500 3689 F&N 30.500 -2.700 97 31.567 28.99 1.89 11,186.7 1.360 0.900 1.340 1.340 8044 CFM 1.340 UNCH 39 1.340 — — 54.9
0.950 0.740 0.740 0.740 2755 FCW 0.740 UNCH 0.8 0.740 189.74 — 185.0 0.495 0.360 0.380 0.360 7187 CHGP 0.380 -0.005 80.1 0.369 19.19 — 112.9
0.570 0.430 — — 6939 FIAMMA 0.460 — — — 7.14 3.80 243.8 1.238 0.675 0.690 0.675 5273 CHINHIN 0.675 -0.020 278 0.683 16.07 5.19 375.6
0.589 0.285 0.330 0.310 8605 FIHB 0.310 -0.020 13.5 0.322 6.70 2.52 33.8 2.000 1.446 1.650 1.580 5007 CHINWEL 1.590 -0.060 142.3 1.601 7.86 5.03 476.3
1.931 1.150 1.660 1.550 9172 FPI 1.560 -0.100 941.8 1.581 9.88 5.13 385.9 2.183 1.410 1.500 1.450 5797 CHOOBEE 1.500 -0.020 41.5 1.461 4.41 3.33 197.5
0.950 0.600 — — 7184 G3 0.750 — — — — — 309.4 0.493 0.295 0.300 0.300 7016 CHUAN 0.300 0.005 6.7 0.300 — 3.67 50.6
3.070 1.308 2.850 2.660 5102 GCB 2.690 -0.130 1129.3 2.728 8.09 1.12 1,291.6 0.880 0.465 — — 8052 CICB 0.540 — — — 32.34 1.80 48.6
0.580 0.400 0.490 0.485 5592 GCE 0.485 UNCH 40 0.486 — 4.12 95.5 0.060 0.035 0.035 0.035 7018 CME 0.035 UNCH 7494 0.035 — — 20.4
5.605 2.760 2.820 2.770 4715 GENM 2.800 0.010 12761.1 2.800 — 3.93 16,626.5 4.334 1.740 2.870 2.790 2852 CMSB 2.800 -0.090 403.8 2.840 11.03 2.86 3,008.3
9.569 5.910 6.130 6.010 3182 GENTING 6.040 -0.030 6396 6.073 25.38 2.40 23,416.4 0.900 0.410 — — 7986 CNASIA 0.475 — — — 13.42 — 21.6
0.260 0.100 0.130 0.130 5079 GETS 0.130 -0.015 10 0.130 — — 16.4 1.450 0.880 0.890 0.885 5071 COASTAL 0.885 -0.010 86.7 0.887 — 2.26 470.5
0.230 0.105 0.110 0.105 0136 GREENYB 0.110 UNCH 6.3 0.109 — 2.73 36.7 0.337 0.100 0.120 0.105 7195 COMCORP 0.110 0.005 85.2 0.117 — — 15.4
5.323 2.860 2.930 2.860 7668 HAIO 2.900 -0.030 182.6 2.885 12.87 6.90 870.9 1.209 0.684 0.945 0.930 2127 COMFORT 0.940 UNCH 96.1 0.935 18.69 1.06 528.2
3.897 3.400 3.500 3.400 5008 HARISON 3.450 -0.150 8.8 3.468 11.24 5.80 236.3 0.045 0.020 0.025 0.025 5037 COMPUGT 0.025 UNCH 2694 0.025 — — 58.7
0.370 0.050 0.065 0.060 5187 HBGLOB 0.060 -0.005 58 0.062 2.01 — 28.1 1.550 0.995 1.040 1.010 5094 CSCSTEL 1.010 -0.010 91.5 1.015 9.61 9.90 383.8
23.548 17.420 20.500 19.920 3255 HEIM 20.500 0.140 55.8 20.115 22.42 4.39 6,193.0 0.667 0.480 — — 7157 CYL 0.500 — — — — 8.00 50.0
12.115 8.450 9.000 8.760 3301 HLIND 8.940 0.040 13.4 8.869 8.63 4.14 2,931.5 0.410 0.295 — — 5082 CYMAO 0.365 — — — — — 27.4
0.873 0.592 0.685 0.660 5160 HOMERIZ 0.665 -0.020 395.8 0.671 9.46 6.32 199.5 2.670 2.000 2.380 2.320 5184 CYPARK 2.370 -0.010 54.2 2.363 9.04 2.36 723.7
0.380 0.300 0.375 0.375 7213 HOVID 0.375 UNCH 362.4 0.375 34.72 — 309.8 2.373 1.630 1.680 1.630 8125 DAIBOCI 1.670 UNCH 33.4 1.652 22.12 2.49 547.6
1.154 0.970 1.000 0.985 5024 HUPSENG 0.985 -0.005 243.5 0.989 17.65 6.09 788.0 0.585 0.320 0.445 0.410 5276 DANCO 0.420 -0.020 716.1 0.424 9.55 3.57 125.2
0.455 0.280 0.290 0.285 8478 HWATAI 0.290 -0.020 15 0.288 53.70 — 21.7 0.670 0.120 0.160 0.140 7212 DESTINI 0.155 0.015 9344.1 0.149 6.57 — 179.1
2.088 1.089 1.160 1.130 5107 IQGROUP 1.130 -0.060 82.4 1.140 — 8.85 99.5 0.755 0.270 0.380 0.330 7114 DNONCE 0.335 -0.050 580.9 0.349 23.93 — 79.9
0.080 0.030 0.030 0.030 7223 JADI 0.030 UNCH 210 0.030 0.26 — 28.3 0.295 0.115 — — 5835 DOLMITE 0.115 — — — — — 32.8
1.380 0.709 0.880 0.850 7152 JAYCORP 0.850 -0.030 17.3 0.857 11.30 5.88 116.7 0.190 0.090 0.090 0.090 5265 DOLPHIN 0.090 -0.005 147 0.090 — — 22.0
0.523 0.335 0.345 0.345 8931 JERASIA 0.345 -0.015 27.6 0.345 3.68 2.90 28.3 1.369 1.156 1.290 1.260 7169 DOMINAN 1.290 -0.010 35.5 1.270 6.66 5.43 213.2
1.364 0.823 1.050 0.980 7167 JOHOTIN 0.980 -0.070 1069.5 1.002 12.66 4.08 304.3 2.713 0.598 2.190 1.960 7233 DUFU 1.970 -0.230 1835.7 2.057 11.17 2.37 518.5
0.400 0.280 — — 8672 KAMDAR 0.290 — — — — — 57.4 2.816 1.818 2.580 2.540 1368 EDGENTA 2.570 0.020 101.1 2.559 16.01 4.28 2,137.3
1.367 0.495 0.510 0.495 5247 KAREX 0.495 -0.015 445.8 0.498 61.88 1.01 496.2 0.355 0.170 0.180 0.175 0064 EFFICEN 0.180 0.005 23 0.179 — — 127.6
3.064 1.810 2.080 2.000 7216 KAWAN 2.000 UNCH 15.1 2.007 31.20 1.96 719.0 0.720 0.435 0.475 0.435 8907 EG 0.450 -0.015 1067 0.451 7.25 — 121.4
0.190 0.080 0.120 0.115 8303 KFM 0.115 -0.005 18 0.118 — — 7.8 1.696 1.095 — — 5208 EITA 1.410 — — — 9.13 3.55 183.3
0.739 0.540 0.580 0.565 6203 KHEESAN 0.580 UNCH 51 0.571 15.03 2.59 60.3 0.990 0.634 0.750 0.710 9016 EKSONS 0.710 -0.020 9 0.719 — 7.04 116.6
2.179 1.400 — — 7062 KHIND 1.700 — — — 44.85 0.59 68.1 0.815 0.400 0.410 0.400 7217 EMETALL 0.400 -0.010 67.6 0.404 9.59 6.25 75.3
1.868 1.573 1.670 1.660 0002 KOTRA 1.660 -0.010 10 1.665 11.55 3.01 238.6 1.230 0.815 0.835 0.815 5056 ENGTEX 0.835 -0.005 20.6 0.821 11.79 1.80 370.2
0.850 0.390 — — 7130 KPOWER 0.430 — — — — — 32.7 0.510 0.380 — — 7773 EPMB 0.420 — — — — — 69.7
0.145 0.066 0.090 0.090 5172 KSTAR 0.090 UNCH 15 0.090 — — 34.3 0.686 0.360 0.380 0.360 5101 EVERGRN 0.360 -0.020 1389 0.368 8.20 3.83 304.7
0.160 0.055 0.075 0.055 4847 KTB 0.060 -0.010 152 0.059 — — 24.2 1.690 1.050 1.130 1.110 2984 FACBIND 1.110 UNCH 90.4 1.111 55.22 3.60 94.5
0.925 0.495 0.520 0.500 1643 LANDMRK 0.520 0.015 53.5 0.500 — — 275.0 2.685 2.200 2.300 2.240 7229 FAVCO 2.300 0.040 9.7 2.266 9.51 5.87 509.2
4.340 2.953 — — 7006 LATITUD 3.790 — — — 37.52 1.58 368.4 0.629 0.403 0.520 0.490 0149 FIBON 0.490 -0.090 83 0.508 20.42 1.53 48.0
1.000 0.325 0.360 0.350 9385 LAYHONG 0.355 UNCH 1577 0.355 18.49 1.41 234.4 1.998 1.703 1.830 1.780 3107 FIMACOR 1.780 -0.070 5 1.794 8.47 7.02 436.6
1.090 0.326 0.920 0.870 8079 LEESK 0.885 -0.035 91.3 0.909 0.50 1.69 148.5 0.465 0.365 0.395 0.390 9318 FITTERS 0.395 UNCH 187.2 0.393 19.27 — 189.8
3.479 2.135 2.810 2.690 7089 LIIHEN 2.700 -0.120 198.8 2.739 9.79 4.63 486.0 1.700 0.914 1.550 1.510 5197 FLBHD 1.540 -0.010 582.5 1.528 7.17 — 162.5
0.690 0.460 0.635 0.615 7126 LONBISC 0.630 UNCH 3425 0.630 8.62 — 129.3 0.532 0.177 0.220 0.215 5277 FPGROUP 0.215 -0.010 979 0.220 14.63 4.65 111.5
1.200 0.780 1.030 1.030 7085 LTKM 1.030 -0.060 20 1.030 16.64 1.94 134.0 1.780 0.630 0.680 0.630 7197 GESHEN 0.630 -0.065 76.5 0.669 10.10 — 50.4
5.600 3.900 4.200 3.900 7087 MAGNI 3.990 -0.210 537.3 4.002 6.92 3.51 649.3 1.300 0.420 0.600 0.550 5220 GLOTEC 0.600 UNCH 1101.3 0.583 — — 161.5
2.257 1.541 1.920 1.890 3859 MAGNUM 1.900 -0.020 263 1.899 31.77 5.79 2,731.7 0.330 0.170 0.210 0.200 7192 GOODWAY 0.205 UNCH 390.7 0.205 15.30 — 22.7
0.145 0.120 0.120 0.120 3514 MARCO 0.120 UNCH 304.9 0.120 9.76 4.17 126.5 0.110 0.080 0.080 0.080 7096 GPA 0.080 UNCH 40 0.080 400.00 — 78.4
0.050 0.005 — — 5189 MAXWELL 0.010 — — — — — 4.0 0.325 0.190 0.190 0.190 5649 GPHAROS 0.190 UNCH 19 0.190 4.92 — 25.8
1.070 0.800 — — 5886 MBG 0.800 — — — 25.48 3.75 48.6 0.745 0.460 0.475 0.475 3247 GUH 0.475 0.005 4.4 0.475 — — 132.0
2.644 1.860 2.120 2.100 5983 MBMR 2.120 UNCH 108.2 2.103 — 2.12 828.7 1.180 0.670 — — 5151 HALEX 0.700 — — — — — 74.2
0.566 0.185 0.220 0.210 7234 MESB 0.220 0.010 83.2 0.210 — — 18.0 9.995 8.394 9.870 9.730 3034 HAPSENG 9.830 -0.050 97.1 9.831 21.59 3.56 24,473.6
0.230 0.185 — — 03015 MFGROUP 0.230 — — — 15.44 — 73.6 7.383 5.629 6.230 6.120 5168 HARTA 6.200 0.020 2047.6 6.185 43.33 1.35 20,636.5
2.239 0.650 0.715 0.650 3662 MFLOUR 0.655 -0.055 940.1 0.673 68.95 8.40 360.4 19.158 4.550 4.740 4.620 4324 HENGYUAN 4.650 -0.090 187.5 4.677 5.94 0.43 1,395.0
0.860 0.600 — — 7935 MILUX 0.715 — — — — — 38.9 1.148 0.585 0.620 0.585 5095 HEVEA 0.585 -0.040 914.4 0.596 12.58 10.26 328.0
0.270 0.045 0.055 0.045 5166 MINDA 0.045 -0.005 453.7 0.047 — — 55.8 0.806 0.609 0.680 0.670 3298 HEXZA 0.670 -0.020 24.5 0.676 17.59 7.46 134.3
4.300 2.720 2.750 2.750 5202 MSM 2.750 UNCH 0.3 2.750 32.70 — 1,933.2 0.530 0.260 0.280 0.260 5072 HIAPTEK 0.270 -0.025 9059.7 0.275 12.56 1.85 362.9
0.040 0.010 — — 5150 MSPORTS 0.015 — — — — — 9.1 1.360 0.705 1.030 0.990 5199 HIBISCS 1.000 -0.030 23775.8 1.006 5.41 — 1,588.2
0.255 0.145 0.170 0.160 3891 MUIIND 0.165 0.005 2707.9 0.165 — — 483.9 1.680 1.078 — — 7033 HIGHTEC 1.390 — — — 7.72 2.52 56.5
2.420 1.730 1.790 1.740 3905 MULPHA 1.790 -0.030 42.8 1.784 2.04 — 572.1 0.878 0.520 — — 8443 HIL 0.560 — — — 13.46 3.13 187.1
1.788 1.252 1.520 1.430 5275 MYNEWS 1.430 -0.020 14 1.452 41.94 0.70 975.5 0.620 0.335 0.430 0.430 5165 HOKHENG 0.430 0.010 40 0.430 107.50 — 34.4
159.793 97.072 146.00 144.20 4707 NESTLE 144.500 -0.600 33.1 145.144 50.68 — 33,885.3 1.910 0.445 0.840 0.820 0185 HSSEB 0.825 -0.010 580.7 0.829 14.65 0.93 409.1
3.254 2.550 2.670 2.670 7060 NHFATT 2.670 -0.010 1 2.670 13.23 3.85 220.7 0.665 0.150 0.160 0.150 2739 HUAAN 0.155 -0.005 3513.2 0.155 4.29 — 174.0
0.075 0.035 0.040 0.035 7139 NICE 0.035 -0.010 465 0.037 7.14 — 11.7 2.200 0.540 0.560 0.540 5000 HUMEIND 0.540 -0.020 85.2 0.552 — 3.70 258.7
0.320 0.150 0.270 0.250 7215 NIHSIN 0.260 UNCH 1562.7 0.259 15.66 — 83.6 0.130 0.090 0.090 0.090 9601 HWGB 0.090 UNCH 280 0.090 — — 29.2
0.655 0.481 0.510 0.500 5066 NTPM 0.505 UNCH 298.5 0.506 22.85 4.75 567.2 2.350 1.720 2.040 2.030 7222 IMASPRO 2.040 -0.010 807 2.037 25.92 1.72 163.2
0.700 0.350 — — 5533 OCB 0.480 — — — — — 49.4 0.905 0.450 — — 5673 IPMUDA 0.450 — — — — — 32.6
0.726 0.422 — — 0049 OCNCASH 0.525 — — — 14.04 1.90 117.1 0.290 0.100 0.125 0.125 7183 IRETEX 0.125 UNCH 291.3 0.125 — — 18.2
1.382 0.635 0.690 0.690 7107 OFI 0.690 0.020 30 0.690 17.60 3.62 165.6 0.150 0.110 0.110 0.110 8648 JASKITA 0.110 UNCH 40.9 0.110 — — 49.5
0.150 0.090 0.095 0.090 3018 OLYMPIA 0.095 UNCH 134.5 0.094 22.09 — 97.2 1.746 1.500 — — 0058 JCBNEXT 1.500 — — — 27.12 3.00 209.5
6.318 5.742 6.000 5.980 4006 ORIENT 6.000 0.020 21.3 5.999 7.35 3.33 3,722.4 0.290 0.165 0.195 0.165 9083 JETSON 0.190 0.025 370.8 0.184 — — 39.8
1.398 0.475 0.490 0.475 5260 OWG 0.485 -0.005 307.4 0.481 17.96 — 134.4 1.080 0.950 — — 7043 JMR 1.000 — — — — — 126.8
6.119 3.150 3.470 3.150 7052 PADINI 3.350 -0.120 3414.5 3.332 13.36 2.99 2,204.0 0.250 0.130 0.135 0.130 0054 KARYON 0.130 -0.005 243 0.131 6.53 2.31 61.8
39.467 31.084 38.100 37.800 3719 PANAMY 38.000 0.100 5.1 37.977 18.23 3.89 2,308.3 0.598 0.441 0.500 0.500 7199 KEINHIN 0.500 UNCH 4.8 0.500 34.72 2.00 54.4
0.466 0.315 — — 5022 PAOS 0.350 — — — 77.78 2.29 63.4 1.667 1.364 1.530 1.500 6491 KFIMA 1.500 -0.030 24.1 1.512 7.21 6.00 423.3
0.450 0.250 — — 9407 PARAGON 0.250 — — — — — 17.5 1.268 0.584 1.030 0.955 0151 KGB 0.980 -0.060 2647.7 0.984 13.48 1.02 261.4
0.650 0.250 0.270 0.250 5657 PARKSON 0.250 -0.015 751.3 0.258 — — 273.5 0.460 0.200 0.270 0.250 6211 KIALIM 0.270 0.010 13.5 0.253 — — 16.7
0.375 0.185 0.205 0.195 6068 PCCS 0.200 -0.005 151.6 0.199 5.12 5.00 42.0 2.977 2.000 2.800 2.640 3522 KIANJOO 2.680 0.050 2443 2.747 18.03 1.49 1,190.4
0.880 0.300 0.345 0.315 5231 PELIKAN 0.315 -0.025 35.1 0.323 32.81 — 174.3 1.606 1.090 1.270 1.200 5371 KIMHIN 1.200 -0.110 7.5 1.225 — 4.17 186.7
0.675 0.350 0.540 0.450 9997 PENSONI 0.540 0.090 10.1 0.487 — 3.70 70.0 0.035 0.005 — — 5060 KINSTEL 0.005 — — — — — 5.2
0.450 0.195 0.360 0.340 7080 PERMAJU 0.350 -0.005 27277.3 0.350 — — 68.6 1.047 0.780 0.820 0.815 9466 KKB 0.820 -0.005 25.9 0.819 13.78 2.44 211.4
28.181 22.720 25.640 25.280 5681 PETDAG 25.500 -0.100 467.8 25.488 23.43 3.61 25,333.1 0.300 0.080 0.100 0.080 7164 KNM 0.080 -0.015 41572.3 0.087 — — 189.6
0.185 0.140 0.145 0.145 4081 PMCORP 0.145 -0.005 131.6 0.145 — — 112.1 0.950 0.500 — — 5035 KNUSFOR 0.500 — — — — — 49.8
0.210 0.090 0.095 0.090 1287 PMHLDG 0.095 UNCH 1215.6 0.095 — — 88.2 1.700 0.810 1.290 1.230 6971 KOBAY 1.250 -0.050 45.8 1.249 8.42 — 127.6
0.658 0.440 0.475 0.475 5080 POHKONG 0.475 0.015 1 0.475 9.21 2.11 194.9 0.245 0.130 0.140 0.130 7017 KOMARK 0.140 0.010 477.7 0.137 — — 23.0
1.739 1.093 1.500 1.480 7088 POHUAT 1.490 -0.010 226.7 1.488 7.34 4.70 347.5 4.720 3.165 4.390 4.330 7153 KOSSAN 4.340 -0.060 1441.6 4.346 29.79 1.27 5,550.6
18.900 13.635 17.100 16.800 4065 PPB 16.880 -0.020 572.8 16.909 19.53 1.56 24,013.5 0.880 0.470 0.470 0.470 9121 KPSCB 0.470 -0.050 1 0.470 5.02 — 69.5
0.528 0.360 — — 7190 PPG 0.360 — — — 72.00 5.56 36.0 4.860 3.665 4.180 4.150 3476 KSENG 4.180 0.010 117.1 4.173 40.23 2.39 1,511.0
1.000 0.700 0.765 0.735 7168 PRG 0.755 -0.005 94 0.750 — — 234.3 0.724 0.315 — — 5192 KSSC 0.320 — — — 7.94 6.25 30.7
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 6 Markets T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

BURSA MAL AYSIA MAIN MARKET

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
0.527 0.225 0.245 0.235 6874 KUB 0.245 0.010 963.8 0.241 4.72 6.12 136.3 7.383 5.629 6.230 6.120 5168 HARTA 6.200 0.020 2047.6 6.185 43.33 1.35 20,636.5
0.560 0.295 0.310 0.300 8362 KYM 0.310 -0.005 92.1 0.300 — — 46.5 0.380 0.300 0.375 0.375 7213 HOVID 0.375 UNCH 362.4 0.375 34.72 — 309.8
6.450 1.880 1.930 1.880 3794 LAFMSIA 1.920 -0.060 158.1 1.903 — — 1,631.4 6.388 4.540 5.480 5.240 5225 IHH 5.350 -0.050 1110.3 5.364 330.25 0.56 46,915.7
0.687 0.440 0.475 0.470 9326 LBALUM 0.475 0.005 14.5 0.471 22.95 2.11 118.0 4.720 3.165 4.390 4.330 7153 KOSSAN 4.340 -0.060 1441.6 4.346 29.79 1.27 5,550.6
6.192 4.180 4.540 4.440 5284 LCTITAN 4.540 0.080 637 4.492 8.95 5.07 10,477.4 1.868 1.573 1.670 1.660 0002 KOTRA 1.660 -0.010 10 1.665 11.55 3.01 238.6
0.962 0.400 0.485 0.485 5232 LEONFB 0.485 UNCH 13.5 0.485 2.93 3.09 150.4 1.170 0.840 1.040 1.020 5878 KPJ 1.030 UNCH 4687.6 1.031 23.57 1.94 4,521.5
0.365 0.100 0.120 0.100 8745 LEWEKO 0.105 -0.010 257.9 0.103 — — 33.8 4.393 2.645 2.880 2.820 7081 PHARMA 2.880 UNCH 1 2.826 12.51 6.94 750.3
0.245 0.085 — — 7170 LFECORP 0.100 — — — — — 18.6 4.584 1.804 3.600 3.490 7106 SUPERMX 3.540 -0.020 2814.3 3.530 20.33 2.26 2,407.7
0.785 0.410 0.425 0.415 8486 LIONFIB 0.425 -0.060 125 0.421 10.22 — 98.4 0.895 0.695 0.740 0.735 0101 TMCLIFE 0.740 UNCH 158.8 0.736 46.25 0.23 1,285.0
1.520 0.475 0.505 0.475 4235 LIONIND 0.485 -0.015 2386 0.486 2.01 — 348.2 6.360 5.520 5.750 5.690 7113 TOPGLOV 5.740 -0.020 7907.2 5.731 33.74 1.48 14,697.5
0.570 0.250 0.250 0.250 9881 LSTEEL 0.250 -0.005 55 0.250 3.72 — 32.0 0.300 0.230 — — 03013 TOPVISN 0.300 — — — 36.14 — 76.7
0.115 0.075 0.085 0.080 5068 LUSTER 0.080 UNCH 448 0.083 19.05 — 158.1 3.390 2.267 2.630 2.620 7178 YSPSAH 2.620 -0.010 34.1 2.623 12.57 2.67 362.3
0.793 0.525 0.535 0.525 5143 LUXCHEM 0.530 -0.010 205.6 0.527 11.70 4.72 457.4 FINANCIAL SERVICES
4.561 2.330 — — 9199 LYSAGHT 2.330 — — — 9.80 3.00 96.9 4.319 3.678 4.050 3.970 2488 ABMB 4.050 0.010 402.1 4.018 12.25 3.78 6,269.8
1.381 0.355 0.365 0.355 5098 MASTEEL 0.365 UNCH 550.7 0.359 3.76 2.47 155.9 16.300 11.741 15.100 14.800 5139 AEONCR 14.900 -0.300 203.1 14.974 10.38 2.84 3,736.2
0.730 0.531 0.600 0.595 7029 MASTER 0.595 -0.005 90 0.599 6.36 3.36 32.5 2.700 2.200 2.350 2.300 5185 AFFIN 2.350 UNCH 216.6 2.347 8.47 2.13 4,565.9
1.373 0.905 1.050 0.960 5152 MBL 1.050 0.010 41.1 1.011 9.60 0.95 107.9 14.700 10.440 12.600 12.500 1163 ALLIANZ 12.500 UNCH 5.3 12.585 6.59 0.96 2,208.6
0.830 0.510 0.565 0.510 7004 MCEHLDG 0.565 0.045 19.1 0.510 — — 25.1 4.725 3.278 4.370 4.200 1015 AMBANK 4.200 -0.190 1142.7 4.285 10.81 3.57 12,659.6
0.280 0.100 0.105 0.100 3778 MELEWAR 0.100 -0.010 40 0.104 — — 35.9 1.620 0.900 — — 5088 APEX 0.910 — — — 21.93 — 194.3
0.715 0.450 — — 5223 MENTIGA 0.450 — — — 7.17 — 31.5 4.420 3.400 3.640 3.600 5258 BIMB 3.620 0.040 165.6 3.616 9.05 4.28 6,130.7
1.750 1.545 — — 6149 METROD 1.600 — — — 18.78 3.75 192.0 7.971 6.882 7.020 6.930 1818 BURSA 6.940 -0.070 288.4 6.941 24.62 3.79 5,603.9
0.916 0.260 0.280 0.260 5001 MIECO 0.260 -0.030 530.4 0.269 — 3.85 136.5 7.206 5.101 5.790 5.670 1023 CIMB 5.710 -0.090 4326.6 5.727 9.58 4.38 54,613.1
0.150 0.055 0.055 0.055 7219 MINETEC 0.055 UNCH 34.9 0.055 — — 49.7 0.400 0.255 — — 2143 ECM 0.255 — — — 44.74 — 122.4
0.424 0.244 0.290 0.280 5576 MINHO 0.280 -0.010 109.5 0.287 7.93 1.71 95.4 1.330 1.150 1.230 1.220 5228 ELKDESA 1.230 -0.020 103 1.229 11.21 5.69 380.0
0.956 0.667 — — 5916 MSC 0.720 — — — 52.17 1.39 288.0 20.980 16.124 20.580 20.160 5819 HLBANK 20.400 UNCH 925.5 20.411 15.42 2.35 44,221.5
0.060 0.020 0.030 0.020 0043 MTRONIC 0.030 0.005 1968.9 0.025 — — 28.9 10.100 7.327 — — 5274 HLCAP 9.600 — — — 30.64 1.98 2,370.2
2.884 1.115 1.880 1.770 3883 MUDA 1.780 -0.110 2150 1.824 6.15 1.97 543.0 19.952 16.157 19.100 18.820 1082 HLFG 18.980 -0.220 340.9 18.992 11.09 2.11 21,779.9
0.590 0.260 0.270 0.260 5087 MYCRON 0.270 -0.015 94.8 0.265 6.52 — 76.6 0.990 0.651 0.675 0.660 3379 INSAS 0.670 -0.005 95 0.667 5.71 2.99 464.5
0.640 0.330 0.485 0.450 7241 NGGB 0.470 -0.015 1525.4 0.471 130.56 — 215.4 0.400 0.070 0.075 0.075 3441 JOHAN 0.075 UNCH 176 0.075 — — 46.7
0.355 0.070 0.070 0.070 5025 NWP 0.070 -0.005 9 0.070 — — 27.5 0.780 0.519 0.600 0.590 6483 KENANGA 0.600 UNCH 71.4 0.595 11.72 5.00 433.6
0.879 0.563 0.610 0.595 4944 NYLEX 0.610 -0.005 58.2 0.600 5.63 3.28 118.5 2.819 1.351 1.730 1.700 2186 KUCHAI 1.720 -0.080 11.4 1.713 4.11 0.58 212.8
1.098 0.600 0.635 0.625 7140 OKA 0.630 UNCH 23 0.626 6.76 5.83 154.6 17.233 15.700 15.920 15.820 8621 LPI 15.840 -0.160 3.8 15.902 20.16 4.01 6,310.4
1.738 0.925 0.945 0.925 5065 ORNA 0.925 -0.025 160 0.935 5.99 5.41 69.6 0.773 0.400 0.450 0.440 1198 MAA 0.450 0.005 1 0.448 — 13.33 123.1
0.130 0.045 0.060 0.055 7225 PA 0.055 -0.005 590 0.059 — — 102.9 3.314 2.400 — — 1058 MANULFE 2.400 — — — 18.68 3.33 485.7
1.219 0.364 0.810 0.795 8419 PANSAR 0.800 UNCH 1681.1 0.808 30.30 1.88 246.4 10.451 8.458 9.400 9.300 1155 MAYBANK 9.300 -0.070 4953.9 9.347 12.73 6.13 102,762.1
0.692 0.425 0.430 0.430 5125 PANTECH 0.430 -0.010 192.2 0.430 6.88 4.65 321.6 1.254 0.890 0.965 0.945 1171 MBSB 0.945 -0.020 2216.5 0.956 8.78 5.29 6,037.7
10.200 7.187 9.450 9.140 5183 PCHEM 9.180 0.060 3927 9.237 15.68 3.16 73,440.0 2.062 0.905 0.920 0.905 6459 MNRB 0.905 -0.005 871.4 0.911 3.10 — 694.2
1.562 0.669 0.780 0.725 5271 PECCA 0.725 -0.060 82.9 0.734 12.27 6.90 136.3 1.850 1.050 1.070 1.050 5237 MPHBCAP 1.070 -0.010 6.2 1.057 11.23 — 765.1
5.292 3.233 4.760 4.750 5436 PERSTIM 4.750 UNCH 15.2 4.751 11.92 6.32 471.7 1.105 0.950 1.000 0.995 6009 P&O 1.000 UNCH 61.2 0.998 — 5.27 286.9
2.070 0.985 1.060 0.985 5219 PESTECH 1.030 -0.030 544.2 1.018 13.86 — 787.2 26.160 19.687 24.840 24.220 1295 PBBANK 24.220 -0.520 3246.8 24.590 16.52 2.73 94,025.4
20.000 15.332 20.000 18.640 6033 PETGAS 19.540 0.600 825.8 19.703 19.54 3.53 38,664.4 1.636 1.008 1.500 1.460 9296 RCECAP 1.470 -0.030 249.6 1.473 5.41 5.44 528.4
0.250 0.030 — — 7027 PETONE — — — — — — — 5.795 4.691 5.370 5.160 1066 RHBBANK 5.160 -0.210 1319.9 5.214 9.42 3.39 20,691.8
14.620 6.210 6.400 6.210 3042 PETRONM 6.220 -0.190 56.8 6.276 4.80 4.02 1,679.4 0.695 0.461 0.655 0.635 4898 TA 0.645 0.005 425 0.647 0.67 6.36 1,104.2
1.500 1.000 — — 3611 PGLOBE 1.080 — — — — — 201.6 4.090 3.170 4.030 3.900 6139 TAKAFUL 4.020 0.010 634.9 3.996 12.71 3.73 3,313.4
0.218 0.090 0.100 0.095 7201 PICORP 0.095 -0.010 240 0.095 41.30 1.58 62.5 1.097 0.560 0.570 0.560 5230 TUNEPRO 0.560 -0.015 712.6 0.563 8.93 5.36 421.0
1.960 1.186 1.520 1.440 7095 PIE 1.440 -0.080 511.4 1.466 11.98 1.67 553.0 PROPERTY
0.280 0.100 0.120 0.110 7163 PJBUMI 0.110 -0.050 21.5 0.119 — — 9.0 0.380 0.240 — — 7131 ACME 0.290 — — — 15.43 — 69.2
4.280 3.200 3.900 3.840 7172 PMBTECH 3.840 -0.030 24.9 3.849 60.28 0.65 620.6 0.757 0.505 0.520 0.510 1007 AMPROP 0.510 -0.010 4.9 0.517 2.53 7.84 310.8
5.734 3.753 4.770 4.720 8869 PMETAL 4.750 -0.040 476 4.742 29.78 1.37 18,765.4 0.396 0.220 — — 1007PA AMPROP-PA 0.250 — — — — 8.00 72.1
0.550 0.460 0.490 0.490 6637 PNEPCB 0.490 -0.030 10 0.490 30.82 — 64.4 1.420 0.900 — — 5959 AMVERTON 0.900 — — — 9.81 — 328.6
0.620 0.330 — — 8117 POLY 0.340 — — — 12.50 — 54.4 0.650 0.280 0.315 0.315 7007 ARK 0.315 0.015 15.2 0.315 — — 15.3
0.770 0.390 0.490 0.485 8273 PPHB 0.485 -0.015 42.1 0.489 5.11 — 91.5 0.175 0.110 0.120 0.110 4057 ASIAPAC 0.120 UNCH 78 0.115 4.72 — 124.5
1.151 0.510 0.530 0.510 9873 PRESTAR 0.530 0.015 76.6 0.511 5.15 9.43 108.6 6.741 4.480 5.010 4.700 2305 AYER 5.010 0.410 2 4.971 27.44 1.00 375.0
0.113 0.035 0.060 0.050 7123 PWORTH 0.060 0.005 46844.7 0.058 0.10 — 245.7 0.510 0.280 0.300 0.280 6602 BCB 0.285 -0.040 40 0.288 4.10 — 117.6
1.150 0.705 — — 7544 QUALITY 0.790 — — — — — 45.8 0.630 0.285 0.340 0.285 6173 BDB 0.320 0.010 7.3 0.288 — — 97.2
0.580 0.230 — — 7498 RALCO 0.230 — — — — — 10.6 0.430 0.180 0.280 0.270 9814 BERTAM 0.275 -0.005 237.7 0.275 — — 56.9
0.520 0.240 0.265 0.245 5256 REACH 0.245 -0.020 3807.4 0.257 — — 268.6 0.539 0.245 0.275 0.270 3239 BJASSET 0.270 -0.005 154.7 0.274 — — 690.7
0.420 0.265 — — 7232 RESINTC 0.330 — — — 28.95 — 45.3 1.540 0.963 1.120 1.090 5738 CHHB 1.090 -0.030 43.8 1.116 — — 300.5
1.554 0.735 0.800 0.735 9741 ROHAS 0.735 -0.080 43.3 0.753 14.30 2.72 347.4 1.471 1.190 1.200 1.200 6718 CRESNDO 1.200 0.010 3 1.200 12.46 5.00 336.6
0.733 0.470 0.485 0.485 7803 RUBEREX 0.485 -0.010 25 0.485 8.71 3.61 122.3 1.619 1.108 1.350 1.350 5049 CVIEW 1.350 0.010 10 1.350 4.82 3.70 135.0
4.424 3.600 3.600 3.600 5134 SAB 3.600 UNCH 10 3.600 14.27 1.39 493.0 3.000 1.950 3.000 2.990 5355 DAIMAN 2.990 UNCH 215.3 2.990 18.28 1.67 634.5
8.480 5.708 7.490 7.400 9822 SAM 7.400 -0.100 51.2 7.455 13.44 1.89 1,000.2 0.58 0.260 0.260 0.260 3484 DBHD 0.260 -0.010 2.1 0.260 4.53 — 82.8
1.230 0.685 0.760 0.755 5147 SAMCHEM 0.755 0.025 0.3 0.758 9.41 5.30 205.4 0.100 0.050 0.055 0.055 7198 DPS 0.055 -0.005 400 0.055 — — 32.3
0.895 0.700 — — 7811 SAPIND 0.700 — — — 7.50 5.71 50.9 1.656 1.020 1.150 1.080 3417 E&O 1.150 0.010 211.1 1.148 17.16 2.56 1,525.7
0.830 0.205 0.255 0.250 5170 SCABLE 0.255 0.005 24 0.254 — — 80.8 0.325 0.280 0.305 0.295 3557 ECOFIRS 0.300 UNCH 227.2 0.299 5.19 — 240.9
2.577 1.030 1.100 1.030 7247 SCGM 1.050 -0.050 169.8 1.058 17.05 3.81 203.3 1.500 0.960 1.000 0.985 8206 ECOWLD 0.990 -0.010 106.4 0.991 17.58 — 2,914.9
0.810 0.300 0.535 0.470 9237 SCIB 0.535 -0.005 280.5 0.477 — — 45.9 0.830 0.370 0.440 0.430 6076 ENCORP 0.440 0.010 41 0.430 — — 129.3
2.074 0.900 0.950 0.900 0099 SCICOM 0.945 0.015 369.1 0.937 12.70 9.52 335.9 2.974 1.620 1.640 1.620 8613 ENRA 1.620 -0.100 5 1.632 — 2.78 220.7
9.480 6.420 9.450 9.320 4731 SCIENTX 9.320 -0.160 354.2 9.382 15.64 2.15 4,556.8 1.120 0.590 0.590 0.590 6815 EUPE 0.590 -0.020 8.5 0.590 4.49 — 75.5
0.350 0.180 — — 7239 SCNWOLF 0.180 — — — 22.22 — 17.3 0.885 0.303 0.545 0.515 7249 EWEIN 0.515 -0.020 2131.5 0.529 5.64 0.97 155.3
0.930 0.155 0.180 0.175 7073 SEACERA 0.175 UNCH 4874.1 0.175 — — 73.5 1.150 0.735 0.780 0.735 5283 EWINT 0.755 -0.025 1175 0.748 — — 1,812.0
0.210 0.090 — — 5145 SEALINK 0.120 — — — — — 60.0 0.445 0.340 — — 6041 FARLIM 0.375 — — — 12.38 — 63.1
0.665 0.180 0.210 0.180 5163 SEB 0.210 -0.005 8.7 0.208 — — 16.8 0.554 0.361 0.385 0.380 5020 GLOMAC 0.385 UNCH 153.5 0.381 10.21 3.90 308.0
1.340 0.590 — — 7165 SGB 0.735 — — — — — 146.0 0.414 0.255 0.285 0.255 9962 GMUTUAL 0.285 UNCH 2.1 0.256 6.82 1.75 107.0
1.216 0.750 0.800 0.795 5181 SIGGAS 0.800 UNCH 118.6 0.800 36.70 1.00 150.0 0.360 0.175 0.185 0.185 1147 GOB 0.185 -0.005 25 0.185 — — 84.1
0.870 0.450 — — 7115 SKBSHUT 0.520 — — — 10.53 — 20.8 0.255 0.085 0.145 0.145 7077 GSB 0.145 UNCH 394 0.145 — — 80.1
2.251 1.010 1.070 1.010 7155 SKPRES 1.020 -0.040 1635.4 1.031 11.25 4.97 1,275.2 1.141 0.722 0.795 0.790 1503 GUOCO 0.795 -0.005 2.9 0.792 14.35 2.52 556.9
1.732 0.778 1.130 1.080 7248 SLP 1.110 -0.050 56.8 1.096 16.52 4.05 351.8 1.370 1.110 1.250 1.240 7105 HCK 1.250 -0.010 22.5 1.244 95.42 — 526.7
0.600 0.370 — — 7132 SMISCOR 0.490 — — — — — 22.0 0.835 0.500 0.560 0.560 7010 HOOVER 0.560 -0.040 5 0.560 — — 22.4
2.349 0.730 0.765 0.730 5665 SSTEEL 0.745 -0.025 133 0.745 2.03 4.70 323.1 0.745 0.300 0.355 0.335 5062 HUAYANG 0.355 0.010 302.1 0.343 24.83 — 125.0
0.230 0.115 — — 7143 STONE 0.190 — — — — — 17.1 0.534 0.385 0.390 0.385 4251 IBHD 0.385 -0.005 42 0.385 5.82 5.53 388.7
1.260 0.480 — — 6904 SUBUR 0.500 — — — — — 104.5 0.870 0.150 0.610 0.610 5084 IBRACO 0.610 UNCH 5 0.610 14.77 4.51 302.8
1.278 0.545 0.565 0.560 7207 SUCCESS 0.560 -0.005 16.2 0.562 25.34 1.79 139.2 1.860 0.550 1.080 1.050 9687 IDEAL 1.060 -0.010 56 1.062 2.57 — 117.1
1.738 1.350 1.430 1.380 5211 SUNWAY 1.400 -0.030 2392.5 1.396 10.47 4.64 6,894.1 3.415 2.400 2.500 2.500 5606 IGBB 2.500 UNCH 30 2.500 7.84 0.80 1,723.8
2.140 0.995 1.230 1.130 7235 SUPERLN 1.160 -0.060 49.2 1.171 15.91 1.64 185.6 1.997 1.210 1.600 1.560 5249 IOIPG 1.580 -0.010 604.7 1.575 13.33 3.16 8,699.7
4.584 1.804 3.600 3.490 7106 SUPERMX 3.540 -0.020 2814.3 3.530 20.33 2.26 2,407.7 0.344 0.205 0.210 0.210 5175 IVORY 0.210 -0.020 31 0.210 — 11.90 102.9
0.395 0.200 — — 5149 TAS 0.210 — — — — — 37.8 1.460 0.380 0.405 0.380 1589 IWCITY 0.390 -0.020 2094 0.393 46.43 — 326.6
12.092 4.400 4.470 4.400 4448 TASEK 4.400 -0.200 4.9 4.456 — 9.09 543.9 0.500 0.260 — — 8923 JIANKUN 0.315 — — — — — 52.6
0.250 0.065 0.240 0.230 5178 TATGIAP 0.230 -0.005 5948.4 0.234 — — 39.2 0.100 0.070 0.075 0.070 6769 JKGLAND 0.075 0.005 1645.8 0.074 25.00 1.33 170.6
1.260 0.465 0.510 0.495 7097 TAWIN 0.510 UNCH 68.5 0.502 — — 40.6 0.095 0.060 0.085 0.085 3115 KBUNAI 0.085 UNCH 1201.2 0.085 11.49 — 491.0
0.970 0.805 0.935 0.890 5289 TECHBND 0.890 -0.050 4059.5 0.910 — — 204.7 0.940 0.620 0.680 0.620 7323 KEN 0.660 -0.050 18.2 0.630 2.55 3.79 126.5
0.975 0.690 — — 8702 TEXCHEM 0.700 — — — — 14.29 86.9 1.150 0.675 0.705 0.695 5038 KSL 0.700 UNCH 1317.4 0.700 3.18 — 726.3
4.283 2.070 2.410 2.300 7034 TGUAN 2.340 -0.070 45.8 2.343 11.61 3.42 319.2 0.208 0.140 0.145 0.140 3174 L&G 0.145 UNCH 1312.7 0.140 16.86 10.34 431.1
1.643 1.220 — — 7374 TIENWAH 1.220 — — — — 4.92 176.6 1.211 0.710 0.720 0.720 8494 LBICAP 0.720 UNCH 33 0.720 7.34 4.17 59.2
0.650 0.541 — — 7854 TIMWELL 0.650 — — — 15.82 1.54 57.9 1.090 0.600 0.665 0.640 5789 LBS 0.660 -0.005 225.4 0.647 10.49 3.33 1,029.0
1.060 0.610 0.640 0.610 7285 TOMYPAK 0.610 -0.030 1210 0.630 105.17 3.44 256.1 0.480 0.285 0.300 0.290 3573 LIENHOE 0.300 0.010 47.2 0.294 15.15 — 108.5
4.190 2.476 3.700 3.600 5010 TONGHER 3.600 -0.100 17 3.612 8.36 7.22 566.7 1.300 0.840 — — 7617 MAGNA 0.940 — — — 13.64 — 314.8
6.360 5.520 5.750 5.690 7113 TOPGLOV 5.740 -0.020 7907.2 5.731 33.74 1.48 14,697.5 1.458 0.922 1.000 0.960 8583 MAHSING 0.965 -0.005 384.6 0.968 10.99 6.74 2,342.7
1.115 0.503 0.680 0.630 7173 TOYOINK 0.635 -0.010 44.5 0.639 20.03 1.57 67.9 1.037 0.400 0.420 0.400 6181 MALTON 0.400 -0.020 579.3 0.407 6.88 5.00 211.3
0.789 0.640 — — 5167 TURBO 0.745 — — — 17.13 1.34 80.5 2.154 1.770 1.950 1.920 5236 MATRIX 1.950 0.020 164.8 1.938 6.65 6.92 1,468.0
3.155 2.007 2.600 2.490 7100 UCHITEC 2.600 0.110 733.9 2.580 16.75 5.77 1,171.7 2.310 1.540 1.760 1.750 7189 MBWORLD 1.750 -0.020 23 1.753 4.17 3.94 275.4
2.422 0.480 0.585 0.585 7133 ULICORP 0.585 -0.005 42 0.585 30.47 5.69 127.4 0.965 0.620 — — 5182 MCT 0.700 — — — 10.65 — 1,019.9
2.750 2.000 — — 7137 UMS 2.300 — — — 17.24 2.61 93.6 0.510 0.310 0.325 0.315 5040 MEDAINC 0.325 0.005 40.1 0.322 — — 160.1
1.193 0.810 — — 7227 UMSNGB 1.060 — — — 10.88 2.83 84.8 0.545 0.340 0.405 0.390 1694 MENANG 0.400 -0.010 71 0.402 11.43 — 192.3
1.078 0.871 0.940 0.940 7091 UNIMECH 0.940 -0.005 122 0.940 7.70 2.39 149.2 0.400 0.200 — — 8141 MJPERAK 0.225 — — — 12.30 — 57.8
0.885 0.355 0.390 0.385 4995 VERSATL 0.385 -0.005 8 0.390 — — 49.7 1.860 1.160 1.190 1.160 6114 MKH 1.170 -0.010 315 1.170 9.87 2.99 686.3
2.575 0.820 0.830 0.820 6963 VS 0.820 -0.350 21550.5 0.820 8.92 4.76 1,478.8 0.280 0.160 0.185 0.175 8893 MKLAND 0.175 -0.025 100.5 0.178 8.58 — 211.3
1.710 0.640 0.685 0.640 5142 WASEONG 0.645 -0.050 639.5 0.658 3.54 — 499.8 0.150 0.020 — — 6548 MPCORP 0.045 — — — — — 12.9
0.820 0.240 0.820 0.775 7226 WATTA 0.810 0.030 671 0.800 15.43 — 68.4 1.272 0.534 0.615 0.595 1651 MRCB 0.610 UNCH 4414 0.606 11.03 2.87 2,681.0
2.390 1.840 — — 7111 WEIDA 2.390 — — — 10.18 — 101.0 0.650 0.390 — — 9539 MUH 0.470 — — — — — 26.5
1.544 1.122 1.230 1.200 7231 WELLCAL 1.230 0.010 490.5 1.203 19.31 4.43 612.5 0.320 0.205 0.220 0.220 3913 MUIPROP 0.220 UNCH 3217.6 0.220 55.00 — 168.1
0.655 0.460 0.560 0.560 7692 WIDETEC 0.560 UNCH 2 0.560 11.57 — 25.1 1.420 0.430 0.445 0.430 5073 NAIM 0.445 UNCH 1029.2 0.441 — — 111.3
1.214 0.700 — — 7050 WONG 0.830 — — — 7.48 — 76.1 2.308 1.883 — — 5827 OIB 2.270 — — — 8.47 3.08 351.5
0.680 0.500 — — 7025 WOODLAN 0.675 — — — — — 27.0 1.028 0.880 0.890 0.880 5053 OSK 0.890 UNCH 103.6 0.888 4.40 6.18 1,864.8
1.959 1.390 — — 5009 WTHORSE 1.530 — — — — 4.58 367.2 2.260 1.579 2.020 1.950 1724 PARAMON 1.990 -0.010 66.5 1.991 9.48 4.27 852.3
0.756 0.435 0.435 0.435 4243 WTK 0.435 -0.005 174.9 0.435 1.92 2.30 209.4 0.629 0.300 0.345 0.345 6912 PASDEC 0.345 UNCH 75.2 0.345 — — 138.1
0.742 0.160 0.180 0.180 7245 WZSATU 0.180 UNCH 25.4 0.180 — 8.33 83.7 0.070 0.015 0.020 0.020 4464 PHB 0.020 UNCH 30 0.020 — — 35.0
0.035 0.005 — — 7122 YFG 0.005 — — — — — 3.0 1.890 1.370 — — 7055 PLB 1.500 — — — — — 168.6
0.790 0.545 — — 5048 YILAI 0.565 — — — — — 90.4 1.595 1.305 1.430 1.410 5075 PLENITU 1.410 -0.020 35 1.422 12.26 3.19 538.0
0.455 0.105 0.105 0.105 7020 YKGI 0.105 -0.005 150 0.105 — — 36.8 6.150 5.400 6.030 5.920 7765 RAPID 5.920 -0.150 903.1 5.972 332.58 — 632.8
0.445 0.205 0.205 0.205 7014 YLI 0.205 -0.005 10 0.205 — — 21.1 1.120 0.600 0.630 0.600 4596 SAPRES 0.600 -0.030 16 0.611 7.11 — 83.8
CONSTRUCTION 0.630 0.400 0.495 0.455 5207 SBCCORP 0.495 -0.005 0.6 0.488 15.42 — 127.8
0.907 0.241 0.265 0.255 5281 ADVCON 0.265 0.005 64.5 0.257 12.50 3.77 106.6 0.980 0.610 0.625 0.610 2224 SDRED 0.610 -0.010 44 0.618 3.13 4.10 259.9
0.922 0.274 0.310 0.280 7078 AZRB 0.295 -0.015 617.3 0.289 11.90 3.02 176.4 0.470 0.300 0.330 0.320 4286 SEAL 0.320 -0.005 30 0.327 5.11 — 77.7
0.430 0.165 0.170 0.165 5190 BENALEC 0.170 -0.005 610.1 0.166 — 2.35 146.5 2.617 2.230 2.250 2.240 6017 SHL 2.240 -0.040 8.2 2.248 7.85 9.82 542.4
0.385 0.165 0.170 0.165 5932 BPURI 0.165 -0.005 115.2 0.165 11.79 — 56.1 1.711 0.905 0.955 0.940 5288 SIMEPROP 0.950 -0.005 1069.8 0.948 23.17 6.32 6,460.8
1.043 0.725 0.750 0.740 8761 BREM 0.740 UNCH 50 0.743 9.85 2.70 255.6 0.250 0.150 0.165 0.160 4375 SMI 0.160 UNCH 34 0.161 — — 33.6
1.100 0.790 0.895 0.875 8591 CRESBLD 0.880 -0.010 242 0.879 2.45 4.55 155.7 0.700 0.345 0.450 0.450 5213 SNTORIA 0.450 0.060 0.3 0.450 9.00 — 255.3
1.840 1.535 — — 7528 DKLS 1.800 — — — 23.78 1.67 166.9 5.550 3.950 5.550 5.310 1783 SPB 5.520 0.190 849.4 5.508 98.05 2.17 1,896.8
1.389 0.390 0.425 0.390 5253 ECONBHD 0.395 -0.030 4360.6 0.403 6.53 4.05 528.3 3.788 1.930 2.410 2.360 8664 SPSETIA 2.390 -0.010 1195.8 2.387 8.22 6.49 9,461.0
1.180 0.435 0.460 0.435 8877 EKOVEST 0.440 -0.020 3577.4 0.447 8.22 2.27 941.3 1.340 0.680 0.685 0.680 3743 SUNSURIA 0.680 -0.020 100 0.683 5.08 — 543.2
0.900 0.325 0.345 0.325 7047 FAJAR 0.325 -0.020 69.3 0.328 7.05 4.62 121.5 0.751 0.330 0.335 0.330 1538 SYMLIFE 0.335 -0.005 129.8 0.335 2.16 — 197.7
1.146 0.500 0.520 0.500 9261 GADANG 0.515 -0.015 701.5 0.511 3.57 5.83 340.8 0.365 0.165 0.210 0.190 4022 TADMAX 0.205 -0.010 1391.8 0.207 — — 160.7
5.211 2.000 2.280 2.220 5398 GAMUDA 2.220 -0.060 2823.1 2.238 10.60 5.41 5,479.1 0.373 0.245 0.255 0.250 5158 TAGB 0.255 UNCH 99.3 0.253 4.89 2.35 1,357.0
2.020 0.595 0.790 0.750 5226 GBGAQRS 0.765 -0.035 379.3 0.769 5.10 5.56 378.4 0.050 0.025 0.030 0.025 2259 TALAMT 0.025 UNCH 494.2 0.026 — — 105.5
4.335 0.820 0.890 0.820 3204 GKENT 0.825 -0.070 3168.4 0.853 3.67 10.91 464.7 1.050 0.690 0.780 0.760 5191 TAMBUN 0.760 -0.020 75.6 0.763 5.62 8.82 329.4
0.645 0.290 0.300 0.290 5169 HOHUP 0.290 -0.015 227.6 0.297 3.58 — 108.7 0.127 0.055 0.055 0.055 2429 TANCO 0.055 UNCH 157 0.055 — — 36.9
1.615 1.272 1.360 1.340 6238 HSL 1.360 0.010 75 1.347 13.14 1.76 792.4 0.485 0.131 0.195 0.185 7889 THRIVEN 0.185 -0.015 677.2 0.188 6.21 — 92.0
3.099 1.373 1.590 1.560 3336 IJM 1.560 -0.030 1358.6 1.564 28.73 3.21 5,671.7 0.120 0.045 0.080 0.075 7079 TIGER 0.080 UNCH 17903.1 0.080 — — 67.2
0.590 0.095 0.100 0.095 5268 IKHMAS 0.095 UNCH 566.5 0.095 — — 51.8 0.740 0.295 0.300 0.295 5239 TITIJYA 0.300 UNCH 820.1 0.300 5.68 0.83 403.3
0.791 0.444 0.540 0.510 8834 IREKA 0.540 -0.010 8 0.521 13.47 3.70 100.8 0.930 0.815 0.830 0.815 5401 TROP 0.820 -0.005 290.4 0.822 6.47 1.95 1,205.7
1.840 0.415 0.470 0.415 4723 JAKS 0.420 -0.020 26266 0.442 1.59 — 229.3 1.243 0.630 0.675 0.655 5148 UEMS 0.655 -0.020 243.8 0.661 10.23 1.53 2,972.0
1.907 0.990 1.050 1.020 7161 KERJAYA 1.020 -0.060 174.8 1.043 10.73 1.96 1,266.8 2.549 1.840 2.100 2.060 5200 UOADEV 2.070 -0.040 41 2.073 8.35 7.25 3,818.9
2.247 1.000 1.080 1.080 5171 KIMLUN 1.080 -0.010 6.5 1.080 5.58 5.09 358.4 0.320 0.115 0.130 0.115 6378 WMG 0.125 0.005 25.3 0.125 — — 53.3
1.680 0.750 0.905 0.905 9628 LEBTECH 0.905 0.005 0.1 0.905 — — 123.5 1.000 0.905 — — 7003 Y&G 0.930 — — — 17.68 — 185.4
0.788 0.510 — — 5129 MELATI 0.510 — — — 25.25 1.96 61.2 1.660 1.040 1.340 1.320 3158 YNHPROP 1.330 -0.030 2020 1.330 24.05 0.53 703.6
2.188 0.900 — — 8192 MERCURY 0.940 — — — 25.27 4.26 37.8 1.750 0.300 0.340 0.300 7066 YONGTAI 0.325 0.005 15389.5 0.322 19.82 — 157.8
0.905 0.240 0.870 0.870 5006 MERGE 0.870 UNCH 97.8 0.870 — — 58.3 0.545 0.375 0.390 0.390 2577 YTLLAND 0.390 UNCH 2 0.390 — — 329.3
1.930 0.680 0.755 0.750 7595 MGB 0.750 -0.005 7.5 0.754 10.53 — 372.7 TRANSPORTATION & LOGISTICS
0.866 0.260 0.270 0.260 9571 MITRA 0.265 -0.005 384.3 0.269 3.85 7.55 237.5 9.926 7.260 7.960 7.750 5014 AIRPORT 7.800 -0.070 1337.1 7.856 19.33 1.67 12,941.7
0.310 0.135 0.140 0.140 5924 MTDACPI 0.140 UNCH 0.6 0.140 5.74 — 32.4 2.146 1.182 — — 8133 BHIC 1.340 — — — — 2.61 332.9
1.040 0.265 0.320 0.290 5085 MUDAJYA 0.290 -0.010 102.2 0.291 — — 175.6 5.984 4.500 4.600 4.600 5032 BIPORT 4.600 -0.030 3.7 4.600 20.31 3.04 2,116.0
3.282 2.452 2.820 2.820 5703 MUHIBAH 2.820 -0.050 0.5 2.820 9.45 2.48 1,363.3 0.495 0.360 0.380 0.360 7187 CHGP 0.380 -0.005 80.1 0.369 19.19 — 112.9
0.565 0.280 0.310 0.295 7071 OCR 0.310 0.015 265.2 0.301 34.83 — 90.7 1.095 0.440 0.455 0.440 7117 CJCEN 0.440 -0.015 142 0.442 13.71 3.41 173.5
0.835 0.730 0.770 0.740 5622 PEB 0.770 0.030 8.2 0.769 2.65 — 53.2 0.800 0.535 0.690 0.670 5136 COMPLET 0.670 -0.020 126.9 0.684 7.50 — 83.3
0.511 0.170 0.180 0.170 8311 PESONA 0.180 0.005 428 0.173 9.42 5.56 125.1 0.605 0.280 0.385 0.340 5259 EATECH 0.345 -0.035 677.8 0.366 1.51 — 173.9
0.950 0.200 0.210 0.200 5070 PRTASCO 0.210 0.010 668 0.205 6.69 24.14 104.0 0.822 0.617 0.720 0.620 7210 FREIGHT 0.635 -0.085 55.4 0.639 9.01 5.24 177.3
0.180 0.100 0.105 0.100 7145 PSIPTEK 0.105 0.005 209.1 0.100 9.63 — 36.6 0.670 0.280 0.290 0.280 0078 GDEX 0.290 0.005 1401.8 0.283 70.73 0.86 1,624.8
3.741 2.280 2.430 2.410 9598 PTARAS 2.410 -0.040 4 2.425 27.48 8.30 399.7 0.480 0.280 0.290 0.280 7676 GUNUNG 0.290 -0.005 26.2 0.282 15.10 — 68.5
0.743 0.315 0.330 0.320 6807 PUNCAK 0.325 -0.010 341 0.322 — 1.54 146.0 0.870 0.620 0.685 0.680 2062 HARBOUR 0.680 -0.020 51.8 0.682 7.34 2.21 272.3
1.090 0.455 0.520 0.485 5205 SENDAI 0.520 0.005 1393.7 0.506 5.08 — 406.2 0.155 0.030 0.040 0.035 7013 HUBLINE 0.040 UNCH 29810.5 0.040 9.52 — 151.2
2.535 1.300 1.400 1.380 5263 SUNCON 1.400 UNCH 134.6 1.392 12.93 5.36 1,810.1 0.790 0.475 0.490 0.480 5614 ILB 0.480 -0.010 10.2 0.481 — — 93.6
0.295 0.210 0.235 0.220 9717 SYCAL 0.235 0.010 436.4 0.228 47.00 — 97.8 5.781 3.557 4.080 3.800 6645 LITRAK 3.980 -0.100 12.5 4.046 9.17 5.03 2,101.3
0.748 0.405 0.505 0.480 5054 TRC 0.500 -0.005 159.2 0.488 11.74 5.60 240.2 0.235 0.055 0.060 0.055 5078 M&G 0.055 -0.005 61 0.056 — 90.91 39.8
0.580 0.295 — — 5042 TSRCAP 0.300 — — — 16.39 — 52.3 0.732 0.410 — — 5077 MAYBULK 0.540 — — — — — 540.0
1.400 0.770 0.860 0.845 7070 VIZIONE 0.860 -0.010 409.4 0.855 9.84 — 480.5 7.539 4.917 6.120 5.960 3816 MISC 6.090 -0.010 866.5 6.094 26.10 4.93 27,184.5
1.350 0.525 0.550 0.525 3565 WCEHB 0.550 -0.005 14.5 0.544 63.95 — 551.5 2.235 0.870 0.900 0.870 2194 MMCCORP 0.870 -0.030 156 0.883 14.05 4.60 2,649.2
1.767 0.670 0.690 0.675 9679 WCT 0.680 UNCH 272 0.680 5.71 4.41 963.2 0.620 0.225 — — 9806 NATWIDE 0.225 — — — — — 27.7
0.775 0.225 0.245 0.225 7028 ZECON 0.230 -0.020 208.6 0.230 11.50 — 30.1 0.165 0.025 0.035 0.030 6254 PDZ 0.035 0.005 353.9 0.030 — — 23.9
0.145 0.025 0.030 0.025 2283 ZELAN 0.030 -0.005 258.1 0.030 — — 25.3 5.339 1.650 1.760 1.650 4634 POS 1.680 -0.040 2465.8 1.692 48.84 4.76 1,315.1
HEALTH CARE 1.400 0.300 — — 8346 PRKCORP 0.380 — — — — — 38.0
0.700 0.350 0.380 0.350 7191 ADVENTA 0.350 -0.050 92 0.359 28.00 — 53.5 0.210 0.090 — — 5145 SEALINK 0.120 — — — — — 60.0
8.870 4.799 8.040 8.000 7090 AHEALTH 8.000 -0.080 9.4 8.018 17.17 1.63 940.4 1.563 0.967 — — 7053 SEEHUP 0.980 — — — — 2.76 78.8
1.463 1.020 1.060 1.020 7148 CCMDBIO 1.020 -0.040 115.1 1.027 15.02 3.99 675.1 1.825 1.450 1.650 1.550 6521 SURIA 1.630 0.040 32.2 1.628 7.49 2.15 469.7
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
TUES DAY DEC E MBE R 1 8 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
0.405 0.210 0.245 0.245 5173 SYSCORP 0.245 -0.015 210 0.245 14.67 — 294.0 19.158 4.550 4.740 4.620 4324 HENGYUAN 4.650 -0.090 187.5 4.677 5.94 0.43 1,395.0
0.395 0.200 — — 5149 TAS 0.210 — — — — — 37.8 1.360 0.705 1.030 0.990 5199 HIBISCS 1.000 -0.030 23775.8 1.006 5.41 — 1,588.2
2.237 1.010 1.080 1.060 5140 TASCO 1.070 UNCH 185.9 1.070 10.18 4.21 214.0 0.665 0.150 0.160 0.150 2739 HUAAN 0.155 -0.005 3513.2 0.155 4.29 — 174.0
1.400 0.750 0.795 0.750 8397 TNLOGIS 0.795 0.015 92.3 0.768 13.47 2.52 366.3 0.300 0.075 0.080 0.075 5255 ICON 0.075 -0.005 721 0.076 — — 88.3
0.700 0.350 0.680 0.630 7218 TOCEAN 0.665 0.125 75 0.646 — — 27.3 0.300 0.080 0.100 0.080 7164 KNM 0.080 -0.015 41572.3 0.087 — — 189.6
3.950 3.003 3.670 3.590 5246 WPRTS 3.620 -0.050 1333.2 3.628 20.62 3.69 12,344.2 0.946 0.515 0.540 0.515 5186 MHB 0.525 -0.015 76.4 0.533 — 5.71 840.0
1.270 0.620 0.700 0.650 5267 XINHWA 0.700 0.040 1046.6 0.676 20.29 1.43 151.2 0.970 0.315 0.340 0.340 5133 PENERGY 0.340 -0.050 20 0.340 — 5.88 109.4
PLANTATION 0.660 0.175 0.205 0.195 7108 PERDANA 0.200 -0.005 1639.1 0.201 — — 155.7
0.220 0.145 0.145 0.145 7054 AASIA 0.145 -0.005 10.6 0.145 — — 95.7 0.090 0.020 0.025 0.020 0047 PERISAI 0.020 UNCH 5294.3 0.021 — — 25.2
19.315 16.280 16.400 16.300 1899 BKAWAN 16.300 -0.100 3.2 16.309 14.06 3.37 7,106.0 14.620 6.210 6.400 6.210 3042 PETRONM 6.220 -0.190 56.8 6.276 4.80 4.02 1,679.4
8.329 6.700 7.000 7.000 5069 BLDPLNT 7.000 0.270 0.1 7.000 128.68 0.43 654.5 0.520 0.240 0.265 0.245 5256 REACH 0.245 -0.020 3807.4 0.257 — — 268.6
1.295 0.690 0.710 0.700 5254 BPLANT 0.705 0.005 76.3 0.703 — 13.99 1,579.2 1.050 0.310 0.340 0.320 5218 SAPNRG 0.320 -0.010 50691.7 0.328 — — 1,917.5
0.866 0.530 0.550 0.550 8982 CEPAT 0.550 -0.060 5.4 0.550 12.82 3.64 175.1 0.345 0.040 0.045 0.040 7158 SCOMI 0.045 UNCH 550.2 0.045 — — 49.2
7.947 6.435 6.600 6.600 1929 CHINTEK 6.600 -0.100 0.5 6.600 8.36 3.03 603.0 0.185 0.030 0.040 0.035 7045 SCOMIES 0.040 UNCH 106 0.039 — — 93.7
0.595 0.440 0.445 0.440 3948 DUTALND 0.445 -0.005 350.6 0.442 — — 376.5 4.256 2.815 3.750 3.690 5279 SERBADK 3.730 -0.030 992.4 3.713 14.88 1.96 5,477.5
3.472 1.980 — — 5029 FAREAST 2.800 — — — 1.43 1.63 1,662.7 0.130 0.015 0.020 0.015 1201 SUMATEC 0.015 UNCH 5432 0.015 — — 63.8
2.180 0.630 0.675 0.630 5222 FGV 0.660 0.025 19374.4 0.658 — 7.95 2,407.8 0.665 0.300 0.335 0.320 7228 T7GLOBAL 0.320 -0.015 304.5 0.328 29.91 — 134.2
10.474 9.002 9.600 9.440 2291 GENP 9.550 -0.230 111.9 9.537 28.59 1.49 7,693.7 0.135 0.030 0.035 0.030 7206 THHEAVY 0.030 -0.005 587.3 0.030 — — 33.6
0.600 0.370 — — 7382 GLBHD 0.400 — — — — 2.50 89.2 1.670 0.575 0.620 0.575 7250 UZMA 0.590 UNCH 446 0.595 12.39 — 188.8
1.100 0.630 — — 2135 GOPENG 0.670 — — — 32.52 3.99 180.2 0.480 0.195 0.205 0.200 5243 VELESTO 0.200 UNCH 2946.3 0.200 — — 1,643.1
0.650 0.410 0.470 0.410 7501 HARNLEN 0.470 0.040 15 0.427 — — 87.2 1.710 0.640 0.685 0.640 5142 WASEONG 0.645 -0.050 639.5 0.658 3.54 — 499.8
2.545 1.610 1.670 1.640 5138 HSPLANT 1.640 -0.010 38.6 1.648 19.00 4.57 1,312.0 4.905 3.597 4.400 4.280 7293 YINSON 4.290 -0.110 125.3 4.300 16.54 1.40 4,689.5
2.775 1.410 — — 2216 IJMPLNT 1.550 — — — — 3.23 1,364.9
0.920 0.610 0.660
1.168 0.625
4.757 4.130 4.260
—
0.645
—
4.180
2607
6262
1961
INCKEN
INNO
IOICORP
0.650
0.645
4.180
-0.005
—
583.6

-0.100 1481.4
—
0.649
— 15.11
—

4.201 25.46
1.68
7.75
2.15
273.5
308.9
26,269.0
Ace Market
1.138 0.440 0.455 0.440 4383 JTIASA 0.445 -0.005 527.1 0.448 — 1.12 433.3 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
25.809 23.106 24.300 23.580 2445 KLK 23.940 -0.060 1397.7 23.949 33.86 1.88 25,556.1 HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
4.987 3.371 3.750 3.750 2453 KLUANG 3.750 -0.100 0.5 3.750 36.59 0.27 236.9
1.453 1.150 1.160 1.150 5027 KMLOONG 1.160 UNCH 36.9 1.151 13.70 5.17 1,085.1 CONSUMER PRODUCTS & SERVICES
0.880 0.365 0.420 0.385 1996 KRETAM 0.420 0.035 1117.7 0.402 — 2.38 977.6 0.725 0.290 0.400 0.370 0098 BAHVEST 0.370 -0.035 1790.2 0.387 22.70 — 451.9
1.550 0.850 0.850 0.850 6572 KWANTAS 0.850 UNCH 2 0.850 — — 264.9 0.275 0.190 0.215 0.205 0179 BIOHLDG 0.210 -0.005 2045.1 0.211 13.21 0.52 180.6
1.104 0.810 — — 4936 MALPAC 0.810 — — — — 12.35 60.8 0.310 0.120 0.145 0.135 0116 FOCUS 0.145 0.005 3085 0.140 — — 296.1
0.867 0.595 0.600 0.600 5026 MHC 0.600 -0.010 15 0.600 8.55 3.33 117.9 0.259 0.144 — — 0157 FOCUSP 0.200 — — — 9.26 5.00 33.0
2.000 1.780 — — 5047 NPC 1.780 — — — — 0.56 213.6 0.170 0.090 0.090 0.090 0074 GOCEAN 0.090 Unch 65 0.090 — — 26.1
3.986 3.170 — — 2038 NSOP 3.170 — — — 8.95 1.89 222.5 0.225 0.050 0.055 0.050 0170 KANGER 0.055 Unch 1434 0.050 9.82 — 49.0
0.690 0.140 0.315 0.310 1902 PINEPAC 0.310 -0.015 173.5 0.313 — — 46.4 0.230 0.125 0.135 0.130 0180 KTC 0.130 Unch 473.9 0.131 — — 66.3
1.120 0.650 — — 9695 PLS 0.900 — — — — — 294.0 0.230 0.110 0.115 0.115 0182 LKL 0.115 Unch 15 0.115 — 3.04 49.3
0.420 0.145 0.150 0.145 5113 RSAWIT 0.145 UNCH 66.8 0.147 — — 205.7 0.780 0.345 0.385 0.345 0201 NOVA 0.345 -0.050 472.5 0.357 12.97 5.22 109.6
3.980 3.050 3.050 3.050 2542 RVIEW 3.050 -0.030 2 3.050 33.26 2.62 197.8 0.225 0.110 0.115 0.110 0153 OVERSEA 0.115 -0.005 107.9 0.112 — — 28.3
3.817 2.740 — — 2569 SBAGAN 3.050 — — — — 0.66 202.3 0.310 0.080 0.080 0.080 0022 PARLO 0.080 Unch 50 0.080 0.47 — 29.1
0.630 0.340 — — 4316 SHCHAN 0.390 — — — — — 51.4 0.350 0.235 0.260 0.260 0171 PLABS 0.260 Unch 50 0.260 14.13 2.31 55.8
5.789 4.230 4.410 4.230 5285 SIMEPLT 4.300 -0.130 1556.8 4.332 35.54 — 29,243.6 0.315 0.235 0.265 0.255 0186 PTRANS 0.260 -0.005 7272.1 0.260 9.49 3.65 364.2
4.082 2.000 2.050 2.010 5126 SOP 2.030 UNCH 253 2.034 11.23 2.96 1,158.9 0.557 0.452 0.515 0.510 0158 SCC 0.510 -0.005 1.5 0.512 9.90 6.67 72.0
1.833 1.455 — — 5135 SWKPLNT 1.550 — — — — 3.23 434.0 0.315 0.135 0.170 0.170 0140 STERPRO 0.170 Unch 96 0.170 — — 54.6
3.546 1.882 2.300 2.210 5012 TAANN 2.300 0.050 329.5 2.243 13.92 4.35 1,023.1 0.330 0.150 0.165 0.150 0148 SUNZEN 0.150 -0.010 21 0.153 68.18 2.00 78.8
0.514 0.155 0.160 0.160 2054 TDM 0.160 UNCH 279.2 0.160 — 3.13 269.2 0.405 0.196 0.330 0.320 0197 WEGMANS 0.325 -0.005 451.4 0.322 16.50 1.54 162.5
1.117 0.460 0.470 0.470 5112 THPLANT 0.470 UNCH 26.9 0.470 — 7.66 415.4 0.085 0.030 0.035 0.035 0095 XINGHE 0.035 -0.005 499.9 0.035 — — 90.1
1.653 0.960 0.985 0.960 9059 TSH 0.975 -0.015 35.9 0.973 25.52 2.05 1,347.3 INDUSTRIAL PRODUCTS & SERVICES
6.554 5.300 5.420 5.400 2593 UMCCA 5.410 -0.020 81 5.401 48.00 2.22 1,134.4 0.300 0.210 — — 0122 AIM 0.280 — — — — — 74.5
28.062 25.214 26.460 26.100 2089 UTDPLT 26.100 -0.020 6.5 26.126 14.02 1.53 5,432.3 0.161 0.065 0.070 0.065 0105 ASIAPLY 0.070 Unch 270.1 0.065 233.33 7.14 31.2
TELECOMMUNICATIONS & MEDIA 0.120 0.050 0.055 0.055 0072 AT 0.055 Unch 1732.9 0.055 — — 25.5
0.165 0.075 0.135 0.130 0159 AMEDIA 0.130 -0.010 84 0.131 61.90 — 31.1 0.250 0.140 0.175 0.165 0187 BCMALL 0.165 -0.010 1358.7 0.166 10.06 — 69.5
0.700 0.610 0.650 0.650 7031 AMTEL 0.650 0.010 5 0.650 — — 35.2 0.340 0.195 0.200 0.200 0163 CAREPLS 0.200 Unch 566.7 0.200 — — 106.3
2.641 1.050 1.370 1.330 6399 ASTRO 1.330 -0.030 2478.2 1.346 13.18 8.65 6,935.0 0.260 0.125 0.135 0.130 0102 CONNECT 0.130 -0.005 334 0.130 — — 42.8
5.702 3.200 3.860 3.720 6888 AXIATA 3.770 -0.090 1005.1 3.801 — 2.25 34,197.7 0.346 0.170 0.200 0.200 0190 ESAFE 0.200 -0.015 5 0.200 39.22 9.00 48.1
0.375 0.120 0.160 0.160 6025 BJMEDIA 0.160 -0.080 5 0.160 — — 37.6 0.294 0.105 0.145 0.140 0100 ESCERAM 0.140 0.005 14 0.144 1400.00 4.29 28.8
4.880 3.844 4.300 4.160 6947 DIGI 4.190 -0.160 1602.1 4.226 21.39 4.63 32,577.3 0.682 0.365 0.430 0.420 0039 GFM 0.430 -0.005 375.2 0.424 20.48 2.14 202.5
0.440 0.205 0.235 0.205 0059 ECOHLDS 0.205 -0.025 224 0.215 — — 33.4 0.300 0.135 0.140 0.140 0175 HHGROUP 0.140 -0.015 50 0.140 — — 43.2
0.590 0.280 0.320 0.305 0082 GPACKET 0.320 -0.005 318.2 0.314 — — 288.4 0.125 0.080 0.080 0.080 0160 HHHCORP 0.080 -0.005 2 0.080 15.09 — 26.7
5.929 5.102 5.290 5.130 6012 MAXIS 5.240 -0.010 1179 5.226 19.74 3.82 40,959.2 0.350 0.170 0.185 0.170 0188 HLT 0.185 Unch 51 0.170 — — 94.7
0.810 0.250 0.375 0.370 4502 MEDIA 0.375 UNCH 168.5 0.370 — — 415.9 0.110 0.035 0.045 0.035 0024 JAG 0.040 -0.005 7019.1 0.040 22.22 4.75 60.6
0.465 0.181 0.190 0.190 5090 MEDIAC 0.190 UNCH 153 0.190 0.84 7.95 320.6 0.313 0.196 0.205 0.200 0193 KAB 0.200 -0.015 187.5 0.201 7.30 5.00 64.0
0.934 0.400 0.420 0.410 0172 OCK 0.420 UNCH 817.9 0.416 15.16 2.38 366.0 0.240 0.115 0.125 0.125 0167 MCLEAN 0.125 Unch 40.9 0.125 — — 22.3
0.528 0.360 — — 7190 PPG 0.360 — — — 72.00 5.56 36.0 0.260 0.135 0.190 0.190 0081 MEGASUN 0.190 0.015 10 0.190 21.59 — 41.9
0.705 0.200 0.220 0.210 5252 SASBADI 0.215 -0.010 767.5 0.216 44.79 3.12 90.1 0.165 0.050 0.060 0.055 0177 PASUKGB 0.055 -0.005 705.3 0.058 — — 44.6
0.860 0.530 — — 9431 SJC 0.860 — — — 73.50 — 34.9 0.350 0.145 — — 0038 PTB 0.155 — — — — — 28.9
1.618 0.650 0.670 0.650 6084 STAR 0.655 -0.015 91.5 0.656 — 18.32 483.8 0.380 0.165 0.195 0.190 0196 QES 0.195 -0.005 3402.4 0.192 7.86 — 147.9
9.147 7.060 — — 5031 TIMECOM 8.000 — — — 17.50 0.66 4,669.6 0.180 0.070 0.085 0.070 0133 SANICHI 0.080 Unch 26876.6 0.078 — — 88.8
6.352 2.110 2.640 2.560 4863 TM 2.590 -0.020 3243.3 2.599 27.06 8.30 9,733.1 0.235 0.100 0.105 0.100 0161 SCH 0.100 -0.010 615 0.101 — — 55.6
0.695 0.085 — — 5754 UTUSAN 0.090 — — — — — 10.0 0.745 0.280 0.580 0.515 0001 SCOMNET 0.520 -0.065 963.9 0.540 26.40 — 334.4
TECHNOLOGY 0.212 0.120 0.135 0.135 0028 SCOPE 0.135 Unch 199.6 0.135 — 3.70 75.7
0.700 0.610 0.650 0.650 7031 AMTEL 0.650 0.010 5 0.650 — — 35.2 0.205 0.080 — — 0055 SERSOL 0.080 — — — — — 17.2
0.295 0.120 0.125 0.120 5195 CENSOF 0.125 -0.010 535.1 0.125 — — 62.7 0.649 0.254 0.335 0.310 0084 TECFAST 0.315 -0.010 319.7 0.314 18.42 3.17 71.9
0.665 0.130 0.180 0.170 0051 CUSCAPI 0.170 -0.010 1537.4 0.173 — — 146.1 0.813 0.520 0.535 0.530 0089 TEXCYCL 0.535 0.005 3 0.532 13.41 1.87 137.1
0.993 0.542 0.750 0.730 7204 D&O 0.740 -0.020 2172.8 0.740 24.83 1.12 815.8 0.460 0.220 0.255 0.245 0162 WIDAD 0.255 -0.005 1330.6 0.249 — — 625.9
0.365 0.175 0.205 0.200 8338 DATAPRP 0.200 -0.005 113.8 0.201 — — 84.3 0.215 0.125 0.145 0.145 0025 YBS 0.145 Unch 88.9 0.145 29.00 — 35.1
0.145 0.045 0.050 0.045 0029 DIGISTA 0.050 UNCH 952.9 0.045 22.73 — 32.9 TECHNOLOGY
0.570 0.205 0.225 0.205 4456 DNEX 0.225 0.010 16486.1 0.217 7.92 2.22 395.6 0.565 0.205 0.230 0.205 0181 AEMULUS 0.210 -0.030 1535.1 0.215 21.88 0.95 115.3
1.247 0.289 0.380 0.365 5216 DSONIC 0.370 -0.015 2040.1 0.372 10.39 9.46 499.5 0.430 0.095 0.100 0.095 0119 APPASIA 0.100 -0.005 42.9 0.100 83.33 — 34.5
0.930 0.335 0.420 0.390 5036 EDARAN 0.395 -0.030 995 0.402 3.18 — 23.7 0.535 0.125 0.195 0.180 0068 ASDION 0.190 0.010 2920.8 0.186 — — 22.1
1.596 0.324 0.440 0.410 0065 EFORCE 0.410 -0.030 648.7 0.426 24.85 3.66 169.9 0.636 0.351 0.375 0.365 0195 BINACOM 0.375 -0.005 169.9 0.371 9.26 2.67 97.5
1.476 0.895 1.140 1.080 0090 ELSOFT 1.100 -0.040 636.8 1.100 17.24 3.03 732.4 0.484 0.240 — — 0191 CABNET 0.240 — — — 9.20 3.96 42.9
0.983 0.341 0.730 0.625 0128 FRONTKN 0.635 -0.100 16639.1 0.658 15.34 1.10 668.9 0.233 0.098 — — 0152 DGB 0.145 — — — 80.56 — 109.6
0.240 0.080 — — 9377 FSBM 0.095 — — — — — 13.4 0.160 0.045 0.055 0.050 0131 DGSB 0.050 Unch 4031.4 0.050 — — 74.6
1.860 1.030 1.650 1.580 0021 GHLSYS 1.590 -0.030 162.9 1.611 49.69 — 1,173.4
0.044 0.015 0.020 0.015 0154 EAH 0.015 -0.005 3470.5 0.015 — — 76.1
0.590 0.280 0.320 0.305 0082 GPACKET 0.320 -0.005 318.2 0.314 — — 288.4
0.252 0.180 — — 0056 GRANFLO 0.210 — — — 10.82 2.86 101.5 0.180 0.025 0.030 0.025 0107 EDUSPEC 0.030 -0.005 5550.5 0.030 — — 30.1
2.896 1.454 1.790 1.730 7022 GTRONIC 1.770 -0.020 995.8 1.769 16.12 1.13 1,184.2 2.040 1.051 1.670 1.640 0104 GENETEC 1.640 -0.030 86.9 1.652 8.06 1.52 68.3
0.800 0.370 0.370 0.370 5028 HTPADU 0.370 -0.005 5.3 0.370 — — 37.5 0.100 0.045 0.070 0.070 0045 GNB 0.070 0.005 300 0.070 — — 20.2
2.537 1.590 1.650 1.590 0166 INARI 1.630 UNCH 3564.8 1.622 18.98 3.97 5,161.7 0.150 0.020 0.025 0.025 0174 IDMENSN 0.025 Unch 180 0.025 — — 6.8
0.420 0.270 0.280 0.270 0192 INTA 0.270 -0.015 328.7 0.276 1.70 — 144.5 0.403 0.185 0.195 0.190 0023 IFCAMSC 0.190 -0.005 287.1 0.190 17.12 2.63 115.6
0.235 0.080 0.095 0.095 9393 ITRONIC 0.095 0.005 20 0.095 — — 9.8 0.145 0.055 0.090 0.080 0094 INIX 0.085 Unch 2165.2 0.085 — — 22.0
0.484 0.180 0.190 0.180 5161 JCY 0.180 -0.010 502.3 0.185 — 16.67 373.8 0.245 0.115 0.140 0.135 0010 IRIS 0.140 Unch 2882.2 0.139 — — 415.3
22.454 7.800 8.220 8.060 9334 KESM 8.180 -0.050 28 8.159 11.50 2.26 351.9 1.450 0.590 0.795 0.780 0146 JFTECH 0.785 0.005 26.8 0.781 110.56 1.53 164.8
0.270 0.095 0.110 0.105 0143 KEYASIC 0.105 -0.005 1969.9 0.109 19.44 — 99.8 1.686 0.696 0.975 0.865 0127 JHM 0.880 -0.095 2515.3 0.909 14.84 1.92 490.7
3.341 1.358 2.230 2.150 5286 MI 2.150 -0.090 715.4 2.176 16.41 — 1,075.0 0.350 0.130 0.255 0.235 0111 K1 0.240 -0.015 3167.2 0.244 200.00 — 145.8
1.457 0.705 0.740 0.710 0113 MMSV 0.715 0.010 134.5 0.719 12.91 2.24 145.7 0.215 0.040 0.050 0.045 0036 KGROUP 0.045 -0.005 556.6 0.050 — — 23.4
13.087 7.363 10.360 9.950 3867 MPI 10.080 -0.120 159 10.016 12.89 2.88 2,115.6 1.060 0.430 0.590 0.560 0176 KRONO 0.565 -0.025 1728.9 0.575 12.47 — 225.3
1.385 0.950 1.100 1.100 5011 MSNIAGA 1.100 UNCH 13 1.100 4.69 4.55 66.4 0.270 0.125 — — 0018 LAMBO 0.145 — — — 15.26 — 303.0
3.030 0.655 0.910 0.870 0138 MYEG 0.875 -0.035 38532.6 0.885 41.67 1.94 3,155.5 0.180 0.050 0.055 0.050 0017 M3TECH 0.050 -0.005 1136.2 0.050 — — 29.3
0.783 0.507 0.625 0.585 0083 NOTION 0.585 -0.040 2266.1 0.605 4.36 1.71 194.9 0.690 0.310 0.420 0.400 0075 MEXTER 0.400 -0.015 123.7 0.402 — — 129.9
0.560 0.335 0.390 0.365 9008 OMESTI 0.390 0.010 620.1 0.374 — — 186.0 0.400 0.205 — — 0155 MGRC 0.235 — — — — — 24.3
0.315 0.195 0.205 0.205 0041 PANPAGE 0.205 UNCH 110 0.205 — — 54.4 0.780 0.335 — — 0126 MICROLN 0.475 — — — — — 79.5
3.870 1.700 2.790 2.650 7160 PENTA 2.670 -0.170 1259.3 2.690 17.37 — 845.3 0.474 0.200 0.210 0.200 0112 MIKROMB 0.200 -0.010 110.9 0.202 19.05 5.00 86.2
1.910 0.255 0.305 0.260 5204 PRESBHD 0.290 0.025 28360.8 0.288 28.71 5.86 140.4 0.100 0.035 0.045 0.040 0085 MLAB 0.045 Unch 3459.5 0.040 — — 30.2
0.545 0.240 0.275 0.240 9075 THETA 0.275 UNCH 6.5 0.272 5.86 — 29.5 0.310 0.160 0.230 0.230 0034 MMAG 0.230 -0.005 25 0.230 — — 146.0
0.060 0.010 0.015 0.010 0118 TRIVE 0.010 -0.005 1214 0.013 — — 21.3 0.110 0.040 0.050 0.040 0103 MNC 0.050 Unch 751.2 0.045 — — 23.9
0.210 0.110 — — 4359 TURIYA 0.120 — — — — — 27.4 0.250 0.115 0.120 0.115 0156 MPAY 0.115 -0.005 704 0.119 — — 81.7
3.539 1.574 3.230 3.190 5005 UNISEM 3.220 UNCH 4176.2 3.210 22.56 2.64 2,362.9 0.090 0.025 0.035 0.025 0070 MQTECH 0.035 Unch 11740.3 0.030 — — 17.4
8.520 5.062 6.400 6.150 0097 VITROX 6.240 -0.280 542.1 6.242 30.34 0.76 2,936.2 0.180 0.070 0.080 0.070 0092 MTOUCHE 0.080 Unch 11.1 0.080 20.51 — 40.7
1.253 0.907 0.970 0.960 5162 VSTECS 0.960 -0.010 5.2 0.968 6.19 5.21 172.8 1.356 0.663 0.870 0.825 0108 N2N 0.850 -0.010 2651.1 0.842 26.81 4.71 508.2
0.648 0.440 0.445 0.440 0008 WILLOW 0.440 -0.010 31.6 0.441 0.81 2.27 218.2 0.050 0.015 0.020 0.015 0020 NETX 0.015 Unch 1805 0.015 — — 42.0
UTILITIES 0.070 0.015 0.020 0.015 0096 NEXGRAM 0.020 Unch 20.1 0.020 — — 41.4
0.444 0.100 0.105 0.100 7471 EDEN 0.100 -0.005 952 0.100 — — 37.8 0.205 0.080 0.105 0.095 0026 NOVAMSC 0.100 Unch 11859 0.100 43.48 — 75.2
2.960 2.543 2.830 2.820 5209 GASMSIA 2.830 -0.020 20.9 2.830 17.61 4.77 3,633.7 1.152 0.320 0.650 0.630 0035 OPCOM 0.635 -0.025 580.3 0.639 11.74 5.12 102.4
2.060 1.051 1.280 1.250 5843 KPS 1.250 -0.020 222.6 1.266 — 3.40 671.7 0.375 0.256 0.295 0.290 0040 OPENSYS 0.290 -0.005 101.1 0.291 8.87 4.31 86.4
1.012 0.745 0.795 0.775 5264 MALAKOF 0.795 UNCH 2582.3 0.791 1.62 7.30 3,975.0 0.170 0.040 0.100 0.095 0079 ORION 0.100 Unch 2604.2 0.100 — — 59.9
3.806 2.990 3.210 3.180 3069 MFCB 3.210 -0.050 70.3 3.201 10.02 1.25 1,339.3 0.730 0.290 — — 0006 PINEAPP 0.290 — — — 263.64 — 14.1
1.300 1.070 1.090 1.070 5041 PBA 1.070 -0.010 69 1.080 8.57 3.74 354.5 0.165 0.050 0.055 0.050 0123 PRIVA 0.055 Unch 250.1 0.051 — — 30.7
20.000 15.332 20.000 18.640 6033 PETGAS 19.540 0.600 825.8 19.703 19.54 3.53 38,664.4 1.570 0.495 1.350 1.300 0200 REVENUE 1.300 -0.050 2327.2 1.323 37.90 — 289.7
1.309 0.608 1.160 1.020 5272 RANHILL 1.120 0.050 2887.6 1.131 14.83 7.14 994.9 0.781 0.581 — — 0106 REXIT 0.590 — — — 13.53 5.08 111.7
0.389 0.220 0.230 0.220 8567 SALCON 0.225 -0.005 731.4 0.225 — 3.56 190.6 0.650 0.230 0.240 0.230 0202 RGTECH 0.235 Unch 1043.6 0.233 20.80 — 123.4
0.900 0.425 0.810 0.735 8524 TALIWRK 0.785 -0.020 520.1 0.784 38.29 6.11 1,582.4 0.355 0.110 — — 0178 SEDANIA 0.110 — — — 220.00 9.09 24.8
15.787 12.920 13.280 12.920 5347 TENAGA 12.920 -0.340 3039.5 13.054 12.42 5.14 73,474.6 0.560 0.400 0.415 0.400 0203 SMETRIC 0.415 Unch 318.3 0.406 — — 101.1
1.494 0.882 1.040 1.020 4677 YTL 1.020 -0.030 1831.9 1.025 31.19 3.92 11,128.8 0.235 0.110 0.110 0.110 0117 SMRT 0.110 -0.010 10 0.110 0.43 — 44.8
1.265 0.694 0.850 0.820 6742 YTLPOWR 0.850 0.010 2020.1 0.840 11.00 5.88 6,934.5 0.280 0.070 0.085 0.080 0169 SMTRACK 0.085 Unch 900.5 0.085 — — 12.5
CLOSED-END FUNDS 0.270 0.085 0.090 0.085 0093 SOLUTN 0.085 -0.005 349.9 0.086 — — 26.0
2.880 2.440 — — 5108 ICAP 2.440 — — — 39.80 — 341.6 0.285 0.135 0.255 0.255 0129 SRIDGE 0.255 Unch 142.2 0.255 53.13 — 34.8
EXCHANGE TRADED FUNDS 0.375 0.190 0.210 0.190 0050 SYSTECH 0.200 -0.005 532 0.198 36.36 — 69.5
1.189 1.105 1.189 1.189 0800EA ABFMY1 1.189 0.005 0.5 1.189 — 3.91 1,471.9 0.150 0.100 0.105 0.100 0132 TDEX 0.105 Unch 3372 0.105 — — 62.0
2.100 1.735 1.850 1.840 0822EA CIMBA40 1.840 -0.020 2.8 1.846 — 3.70 5.0 0.210 0.085 0.095 0.085 0145 TFP 0.085 -0.015 75.1 0.091 — — 17.4
1.845 1.455 1.525 1.510 0823EA CIMBC50 1.525 UNCH 2 1.518 — — 10.9 0.580 0.200 0.255 0.230 0005 UCREST 0.230 -0.030 11889.8 0.246 4.43 — 106.7
1.960 1.750 — — 0820EA FBMKLCI-EA 1.780 — — — — 1.85 3.0 0.110 0.065 0.085 0.085 0060 VC 0.085 Unch 963.9 0.085 77.27 — 51.8
1.775 1.600 — — 0828EA GOLDETF 1.700 — — — — — 41.8 0.795 0.290 0.405 0.385 0120 VIS 0.390 -0.030 1013.4 0.394 8.63 0.85 65.9
1.100 0.940 — — 0826EA METFAPA 1.025 — — — — — 18.5 0.116 0.020 0.020 0.020 0069 VIVOCOM 0.020 Unch 1370.1 0.020 40.00 — 113.3
0.922 0.795 — — 0825EA METFSID 0.826 — — — — 1.83 72.7 0.145 0.085 — — 0066 VSOLAR 0.100 — — — — — 38.6
1.100 0.950 0.998 0.998 0827EA METFUS50 0.998 -0.002 2.1 0.998 — — 13.0 0.045 0.035 — — 0141 WINTONI 0.035 — — — — — 18.0
1.250 1.065 — — 0821EA MYETFDJ 1.140 — — — — 2.10 314.5 0.205 0.105 0.105 0.105 0086 YGL 0.105 Unch 30 0.105 — — 24.4
1.210 1.050 1.160 1.160 0824EA MYETFID 1.160 -0.010 0.3 1.160 — 2.42 53.8 TELECOMMUNICATIONS & MEDIA
REAL ESTATE INVESTMENT TRUSTS 0.636 0.351 0.375 0.365 0195 BINACOM 0.375 -0.005 169.9 0.371 9.26 2.67 97.5
0.830 0.675 0.720 0.720 4952 AHP 0.720 0.005 4.5 0.720 9.13 7.15 158.4 0.880 0.530 — — 0147 INNITY 0.720 — — — 44.17 — 99.9
1.324 1.030 — — 5116 ALAQAR 1.250 — — — 10.67 4.11 920.0 0.180 0.050 0.055 0.050 0017 M3TECH 0.050 -0.005 1136.2 0.050 — — 29.3
0.930 0.765 0.820 0.785 5269 ALSREIT 0.820 0.030 28 0.795 12.62 5.59 475.6 0.110 0.040 0.050 0.040 0103 MNC 0.050 Unch 751.2 0.045 — — 23.9
0.639 0.535 0.540 0.535 5120 AMFIRST 0.535 -0.010 46.7 0.539 31.47 7.38 367.2 0.180 0.070 0.080 0.070 0092 MTOUCHE 0.080 Unch 11.1 0.080 20.51 — 40.7
0.863 0.778 0.830 0.820 5127 ARREIT 0.820 UNCH 37.6 0.821 3.23 7.30 470.0 0.070 0.015 0.020 0.015 0096 NEXGRAM 0.020 Unch 20.1 0.020 — — 41.4
1.140 1.005 1.110 1.100 5130 ATRIUM 1.110 0.010 11 1.109 7.21 7.07 135.2 1.152 0.320 0.650 0.630 0035 OPCOM 0.635 -0.025 580.3 0.639 11.74 5.12 102.4
1.580 1.135 1.530 1.500 5106 AXREIT 1.530 0.040 58.4 1.504 15.50 4.88 1,893.0 0.165 0.050 0.055 0.050 0123 PRIVA 0.055 Unch 250.1 0.051 — — 30.7
1.690 0.940 1.030 1.010 5180 CMMT 1.010 -0.010 778.7 1.013 13.29 8.02 2,064.6 0.355 0.095 0.115 0.110 0007 PUC 0.110 Unch 4435.2 0.111 — — 211.2
1.218 1.101 1.140 1.110 5121 HEKTAR 1.140 0.020 135.9 1.128 12.45 8.77 526.6 0.440 0.150 0.170 0.160 0032 REDTONE 0.170 0.015 282.5 0.167 17.35 — 128.9
1.750 1.382 1.740 1.680 5227 IGBREIT 1.690 -0.010 4661.9 1.693 17.24 5.54 5,973.8 0.465 0.200 0.205 0.200 0173 REV 0.200 -0.005 152.6 0.201 — — 26.9
0.864 0.640 0.805 0.795 5280 KIPREIT 0.800 UNCH 143.2 0.800 10.85 8.48 404.2 0.355 0.110 — — 0178 SEDANIA 0.110 — — — 220.00 9.09 24.8
8.226 6.538 7.810 7.670 5235SS KLCC 7.690 -0.010 87.3 7.722 15.66 4.55 13,883.0 0.285 0.135 0.255 0.255 0129 SRIDGE 0.255 Unch 142.2 0.255 53.13 — 34.8
1.160 0.953 1.080 1.050 5123 MQREIT 1.070 UNCH 106.1 1.062 16.74 3.95 1,146.8 0.135 0.050 0.055 0.050 0165 XOX 0.050 -0.005 145 0.055 — — 54.6
1.725 1.280 1.600 1.580 5212 PAVREIT 1.580 -0.020 147.8 1.587 17.67 5.46 4,798.0 FINANCIAL SERVICES
1.770 1.403 1.650 1.630 5176 SUNREIT 1.640 0.010 470.6 1.640 11.48 5.72 4,829.9 0.190 0.045 0.060 0.055 0150 FINTEC 0.055 -0.005 153.3 0.056 — — 33.2
1.144 0.876 — — 5111 TWRREIT 0.885 — — — 16.30 4.63 248.2 0.630 0.455 0.480 0.480 0053 OSKVI 0.480 -0.010 0.1 0.480 — 10.42 94.8
1.535 1.285 — — 5110 UOAREIT 1.320 — — — 9.36 6.28 558.2 HEALTH CARE
1.249 1.017 1.160 1.150 5109 YTLREIT 1.150 -0.010 76.9 1.159 8.23 6.63 1,960.0 0.340 0.195 0.200 0.200 0163 CAREPLS 0.200 Unch 566.7 0.200 — — 106.3
SPAC 0.230 0.110 0.115 0.115 0182 LKL 0.115 Unch 15 0.115 — 3.04 49.3
0.72 0.715 — — 5234 CLIQ 0.720 — — — — — 454.3 0.400 0.205 — — 0155 MGRC 0.235 — — — — — 24.3
0.495 0.460 — — 5270 RSENA 0.490 — — — — — 490.0 0.780 0.345 0.385 0.345 0201 NOVA 0.345 -0.050 472.5 0.357 12.97 5.22 109.6
ENERGY TRANSPORTATION & LOGISTICS
0.220 0.075 0.085 0.075 5115 ALAM 0.075 -0.010 696.7 0.078 — — 69.3 0.135 0.060 0.105 0.105 0048 ANCOMLB 0.105 Unch 583 0.105 — — 49.7
0.950 0.150 0.170 0.160 5210 ARMADA 0.160 -0.015 58304 0.166 — — 939.4 0.300 0.220 0.230 0.220 0080 STRAITS 0.225 -0.005 1117.5 0.222 24.73 — 125.7
0.385 0.050 0.055 0.050 7251 BARAKAH 0.055 0.005 183 0.050 — — 46.0 0.559 0.320 0.325 0.320 0199 TRIMODE 0.320 -0.015 43.5 0.321 10.26 3.13 53.1
0.490 0.205 0.460 0.425 5257 CARIMIN 0.435 -0.015 2039.1 0.440 — — 101.7 CONSTRUCTION
1.450 0.880 0.890 0.885 5071 COASTAL 0.885 -0.010 86.7 0.887 — 2.26 470.5 0.438 0.225 0.235 0.225 0198 GDB 0.225 -0.010 221.6 0.226 4.29 4.44 140.6
0.110 0.010 0.015 0.015 0091 DAYA 0.015 UNCH 170 0.015 — — 30.6 0.045 0.015 0.015 0.015 0109 SCBUILD 0.015 Unch 8337.8 0.015 10.71 — 13.2
0.920 0.500 0.550 0.530 5141 DAYANG 0.535 -0.025 1516.3 0.543 45.73 — 516.2 PLANTATION
1.340 0.860 0.980 0.980 5132 DELEUM 0.980 -0.020 28.2 0.980 11.84 4.59 393.1 0.120 0.065 0.070 0.070 0189 MATANG 0.070 Unch 1352.5 0.070 38.89 2.86 126.7
3.637 2.371 3.120 3.000 7277 DIALOG 3.050 -0.070 5550.5 3.043 37.06 1.05 17,207.0 UTILITIES
0.535 0.215 0.320 0.290 7253 HANDAL 0.320 -0.005 252.7 0.307 — — 51.2 0.345 0.199 0.230 0.225 0011 BTECH 0.225 -0.005 27.1 0.228 13.64 7.11 56.7
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 8 Markets T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

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

Bursa Malaysia Equity Derivatives YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE
Main Market & Ace Market Warrants 0.140 0.005 — — 06503W FBMKLCI-C3W 0.005 — — 420.255 1,928 359.84 31/01/2019
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY 0.425 0.010 — — 06503Y FBMKLCI-C3Y 0.010 — — 281.823 1,790 536.21 31/12/2018
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE 0.600 0.060 — — 06503Z FBMKLCI-C3Z 0.060 — — 1,641 1,710 5.26 31/12/2018
0.185 0.005 — — 06505A FBMKLCI-C5A 0.005 — — 243.588 1,750 619.45 31/12/2018
0.395 0.065 0.075 0.070 70322 A50CHIN-C22 0.070 -0.005 492.6 6.375 7.505 19.37 29/03/2019 0.430 0.050 0.050 0.050 06505B FBMKLCI-C5B 0.050 -0.005 15.1 1,498 1,830 23.09 31/01/2019
0.605 0.270 0.300 0.290 70324 A50CHIN-C24 0.290 -0.005 71 6.375 6.433 7.73 29/03/2019 0.550 0.140 — — 06505C FBMKLCI-C5C 0.140 — — 1,641 1,750 9.16 31/01/2019
0.325 0.260 0.285 0.275 70326 A50CHIN-C26 0.275 -0.015 30 6.375 6.326 12.17 25/06/2019 0.160 0.110 — — 06505D FBMKLCI-C5D 0.115 — — 1,641 1,650 7.52 29/03/2019
0.180 0.135 0.145 0.135 70328 A50CHIN-C28 0.135 -0.020 214 6.375 7.398 22.4 25/06/2019 0.205 0.030 0.030 0.030 06505E FBMKLCI-C5E 0.030 -0.005 801 1,641 1,680 3.62 31/01/2019
0.435 0.315 0.340 0.330 70332 A50CHIN-C32 0.330 -0.010 104 6.375 6.701 12.88 28/06/2019 0.110 0.010 0.010 0.010 06505F FBMKLCI-C5F 0.010 -0.005 170 682.115 1,780 161.98 28/02/2019
0.300 0.145 0.175 0.165 70323 A50CHIN-H23 0.175 Unch 220 6.375 5.897 -3.38 29/03/2019 0.310 0.040 0.040 0.040 06505G FBMKLCI-C5G 0.040 -0.010 30 1,113 1,880 69.93 28/02/2019
0.420 0.325 0.375 0.370 70327 A50CHIN-H27 0.375 -0.005 40 6.375 6.433 9.73 28/06/2019 0.395 0.080 — — 06505H FBMKLCI-C5H 0.095 — — 1,641 1,800 11.39 28/02/2019
0.220 0.045 0.055 0.045 5238WA AAX-WA 0.055 Unch 1779.9 0.225 0.460 128.89 08/06/2020 0.060 0.015 — — 06505I FBMKLCI-C5I 0.020 — — 1,362 1,820 34.56 29/03/2019
0.110 0.030 — — 2488CX ABMB-CX 0.030 — — 4.050 4.280 10.12 27/02/2019 0.095 0.055 — — 06505J FBMKLCI-C5J 0.055 — — 1,641 1,858 16.53 31/05/2019
0.165 0.100 — — 2488CY ABMB-CY 0.100 — — 4.050 4.100 11.11 31/05/2019 0.045 0.015 — — 06505K FBMKLCI-C5K 0.015 — — 1,004 1,800 80.31 30/04/2019
0.200 0.010 — — 6599CM AEON-CM 0.010 — — 1.550 2.600 69.68 31/01/2019 0.230 0.120 — — 06505L FBMKLCI-C5L 0.130 — — 1,641 1,850 15.07 30/04/2019
0.110 0.015 — — 6599CN AEON-CN 0.015 — — 1.550 2.500 65.16 28/02/2019 0.365 0.215 0.230 0.215 06505M FBMKLCI-C5M 0.215 -0.020 180 1,641 1,770 11.75 30/04/2019
0.175 0.075 0.080 0.075 6599CO AEON-CO 0.075 -0.005 250.1 1.550 1.650 16.13 31/07/2019 0.100 0.060 0.065 0.065 06505N FBMKLCI-C5N 0.065 -0.005 270 1,641 1,680 5.11 31/05/2019
0.130 0.095 — — 6599CP AEON-CP 0.105 — — 1.550 1.700 30 30/05/2019 0.090 0.055 0.055 0.055 06505O FBMKLCI-C5O 0.055 -0.010 95 1,641 1,700 5.9 28/06/2019
0.150 0.015 — — 7315WB AHB-WB 0.030 — — 0.125 0.200 84 28/08/2019 0.370 0.295 — — 06505P FBMKLCI-C5P 0.305 — — 1,641 1,730 10.96 31/05/2019
0.200 0.025 — — 509959 AIRASIAC59 0.025 — — 2.730 4.516 67.8 30/04/2019 0.545 0.440 0.455 0.440 06505Q FBMKLCI-C5Q 0.440 -0.010 80 1,641 1,650 8.56 31/05/2019
0.235 0.005 — — 509960 AIRASIAC60 0.005 — — 0.674 3.734 455.97 31/12/2018 0.330 0.135 0.295 0.285 06504Y FBMKLCI-H4Y 0.295 0.015 235.6 1,641 1,888 29.38 31/01/2019
0.150 0.010 0.020 0.020 509965 AIRASIAC65 0.020 Unch 400 2.730 3.126 16.43 28/02/2019 0.470 0.150 — — 06506A FBMKLCI-H6A 0.185 — — 1,641 1,690 6.33 31/12/2018
0.240 0.015 0.050 0.050 509966 AIRASIAC66 0.050 -0.005 50 2.730 2.822 8.16 16/01/2019 0.665 0.280 0.400 0.400 06506B FBMKLCI-H6B 0.400 0.015 30 1,641 1,770 15.13 31/12/2018
0.270 0.035 0.135 0.125 509967 AIRASIAC67 0.125 -0.010 847.5 2.730 2.605 7.36 30/04/2019 0.315 0.045 0.195 0.170 06506C FBMKLCI-H6C 0.195 0.020 510.8 1,641 1,750 12.54 31/12/2018
0.175 0.020 0.045 0.045 509968 AIRASIAC68 0.045 -0.005 20 2.730 3.387 28.93 29/03/2019 0.335 0.205 — — 06506D FBMKLCI-H6D 0.210 — — 1,641 1,630 3.13 31/01/2019
0.130 0.025 0.080 0.075 509969 AIRASIAC69 0.080 -0.005 4677.2 2.730 2.953 16.55 29/03/2019 0.465 0.280 — — 06506E FBMKLCI-H6E 0.330 — — 1,641 1,710 10.2 31/01/2019
0.065 0.020 — — 509970 AIRASIAC70 0.050 — — 2.730 3.083 19.29 04/04/2019 0.090 0.050 — — 06506F FBMKLCI-H6F 0.080 — — 1,641 1,650 5.38 29/03/2019
0.120 0.030 0.110 0.110 509971 AIRASIAC71 0.110 -0.010 530 2.730 2.822 13.88 31/07/2019 0.115 0.020 0.070 0.060 06506G FBMKLCI-H6G 0.070 0.005 5152.5 1,641 1,680 5.32 31/01/2019
0.210 0.085 0.195 0.195 509972 AIRASIAC72 0.195 -0.005 50 2.730 2.518 13.96 28/06/2019 0.210 0.070 0.205 0.185 06506H FBMKLCI-H6H 0.200 0.010 1757.2 1,641 1,780 16.97 28/02/2019
0.240 0.130 0.225 0.215 509973 AIRASIAC73 0.215 -0.010 11.2 2.730 2.432 9.59 20/05/2019 0.360 0.235 0.310 0.310 06506I FBMKLCI-H6I 0.310 0.010 5 1,641 1,680 8.01 28/02/2019
0.315 0.180 0.300 0.290 509974 AIRASIAC74 0.295 -0.010 390.8 2.730 2.171 7.68 28/06/2019 0.495 0.305 0.450 0.430 06506J FBMKLCI-H6J 0.450 0.015 2260 1,641 1,760 15.44 28/02/2019
0.155 0.145 0.150 0.145 509975 AIRASIAC75 0.145 -0.010 104 2.730 2.692 17.06 13/06/2019 0.280 0.115 — — 06506K FBMKLCI-H6K 0.245 — — 1,641 1,820 21.31 29/03/2019
0.135 0.010 — — 5014C1 AIRPORT-C1 0.010 — — 7.800 9.000 16.67 31/01/2019 0.170 0.105 0.170 0.165 06506L FBMKLCI-H6L 0.170 0.010 356 1,641 1,788 19.27 31/05/2019
0.130 0.025 — — 5014C2 AIRPORT-C2 0.030 — — 7.800 10.200 34.62 26/03/2019 0.245 0.170 — — 06506M FBMKLCI-H6M 0.240 — — 1,641 1,800 19.88 30/04/2019
0.180 0.045 — — 5014C3 AIRPORT-C3 0.050 — — 7.800 9.200 22.44 15/03/2019 0.430 0.355 0.385 0.385 06506N FBMKLCI-H6N 0.385 0.015 10 1,641 1,660 8.16 30/04/2019
0.105 0.055 — — 5014C4 AIRPORT-C4 0.070 — — 7.800 8.350 15.13 30/09/2019 0.505 0.445 — — 06506O FBMKLCI-H6O 0.480 — — 1,641 1,740 14.77 30/04/2019
0.120 0.105 — — 5014C5 AIRPORT-C5 0.105 — — 7.800 9.300 27.98 28/06/2019 0.130 0.090 0.120 0.115 06506P FBMKLCI-H6P 0.120 Unch 239.9 1,641 1,680 7.46 31/05/2019
0.165 0.155 0.155 0.155 5014C6 AIRPORT-C6 0.155 Unch 1199.6 7.800 8.300 24.29 23/10/2019 0.165 0.115 0.160 0.160 06506Q FBMKLCI-H6Q 0.160 0.005 45 1,641 1,700 10.38 28/06/2019
0.140 0.120 — — 5014C7 AIRPORT-C7 0.140 — — 7.800 8.180 19.23 28/06/2019 0.410 0.375 0.405 0.405 06506R FBMKLCI-H6R 0.405 0.005 6.7 1,641 1,610 5.48 31/05/2019
0.190 0.005 — — 5014CZ AIRPORT-CZ 0.005 — — 2.580 9.000 250.1 31/01/2019 0.530 0.455 0.510 0.510 06506S FBMKLCI-H6S 0.510 0.020 20 1,641 1,690 12.27 31/05/2019
0.200 0.040 0.110 0.110 9954WB AKNIGHT-WB 0.110 Unch 270 0.165 0.100 27.27 14/05/2023 0.240 0.005 — — 522250 FGV-C50 0.005 — — 0.660 1.400 114.39 21/12/2018
0.180 0.050 0.160 0.160 101510 AMBANK-C10 0.160 -0.015 45.2 4.200 4.200 9.52 31/05/2019 0.110 0.005 — — 522252 FGV-C52 0.005 — — 0.660 1.900 189.02 28/02/2019
0.055 0.020 0.020 0.020 9342WB ANZO-WB 0.020 Unch 5 0.040 0.250 575 25/08/2023 0.115 0.050 — — 522253 FGV-C53 0.050 — — 0.660 1.680 177.27 28/12/2018
0.045 0.005 0.005 0.005 9342WC ANZO-WC 0.005 -0.005 7567.1 0.040 0.200 412.5 18/06/2020 0.125 0.045 — — 522254 FGV-C54 0.045 — — 0.660 1.650 170.45 28/02/2019
0.145 0.005 — — 521039 ARMADA-C39 0.005 — — 0.160 0.880 453.13 31/01/2019 0.200 0.005 0.005 0.005 522255 FGV-C55 0.005 Unch 600 0.660 1.500 128.79 30/04/2019
0.130 0.005 — — 521040 ARMADA-C40 0.005 — — 0.160 0.770 384.38 29/03/2019 0.105 0.030 — — 522256 FGV-C56 0.030 — — 0.660 2.000 215.3 29/03/2019
0.075 0.005 0.005 0.005 521041 ARMADA-C41 0.005 Unch 100 0.160 0.800 405.63 31/01/2019 0.060 0.015 — — 522257 FGV-C57 0.015 — — 0.660 1.850 187.58 26/03/2019
0.038 0.003 — — 521042 ARMADA-C42 0.005 — — 0.160 0.750 375 27/02/2019 0.080 0.005 0.010 0.005 522258 FGV-C58 0.010 Unch 100.1 0.660 1.700 160.61 28/06/2019
0.065 0.005 — — 521045 ARMADA-C45 0.005 — — 0.160 0.600 279.69 15/04/2019 0.060 0.035 — — 522259 FGV-C59 0.035 — — 0.660 1.800 189.7 30/04/2019
0.045 0.015 — — 521049 ARMADA-C49 0.015 — — 0.160 0.500 231.25 17/06/2019 0.075 0.003 — — 522260 FGV-C60 0.005 — — 0.660 1.500 128.79 15/04/2019
0.030 0.020 — — 521050 ARMADA-C50 0.020 — — 0.160 0.400 172.5 28/06/2019 0.120 0.005 — — 522261 FGV-C61 0.005 — — 0.660 1.350 106.82 30/04/2019
0.170 0.010 0.020 0.010 0068WB ASDION-WB 0.020 Unch 307.7 0.190 0.500 173.68 24/03/2019 0.065 0.040 0.040 0.040 522263 FGV-C63 0.040 Unch 2045 0.660 0.950 54.85 28/06/2019
0.090 0.040 0.040 0.040 4057WB ASIAPAC-WB 0.040 -0.010 34.2 0.120 0.250 141.67 25/05/2022 0.100 0.020 0.020 0.020 9318WB FITTERS-WB 0.020 -0.005 11 0.395 1.000 158.23 12/10/2019
0.075 0.015 0.015 0.015 0105WA ASIAPLY-WA 0.015 -0.005 34.3 0.070 0.100 64.29 13/12/2020 0.490 0.090 0.105 0.090 9261WB GADANG-WB 0.095 -0.015 476.1 0.515 1.060 124.27 29/11/2021
0.075 0.020 0.030 0.025 0105WB ASIAPLY-WB 0.030 0.005 300.1 0.070 0.100 85.71 12/12/2022 0.140 0.075 0.080 0.075 539859 GAMUDA-C59 0.075 -0.010 50.4 2.220 2.350 19.37 30/08/2019
0.120 0.080 0.105 0.105 639910 ASTRO-C10 0.105 -0.005 820 1.330 1.500 32.52 25/06/2019 0.080 0.050 0.050 0.050 539861 GAMUDA-C61 0.050 -0.005 80 2.220 3.200 53.15 31/05/2019
0.110 0.070 0.100 0.095 639911 ASTRO-C11 0.095 -0.010 0.4 1.330 1.600 41.73 17/06/2019 1.300 0.125 0.175 0.125 5398WE GAMUDA-WE 0.155 -0.035 1201.1 2.220 4.050 89.41 06/03/2021
0.090 0.050 0.080 0.080 639912 ASTRO-C12 0.080 -0.005 20 1.330 1.500 30.83 31/05/2019 0.410 0.165 0.190 0.165 5226WB GBGAQRS-WB 0.165 -0.025 818 0.765 1.120 67.97 26/09/2023
0.140 0.035 — — 6399C8 ASTRO-C8 0.035 — — 1.330 2.200 73.31 31/01/2019 0.425 0.055 0.060 0.055 0078WB GDEX-WB 0.055 Unch 66.1 0.290 0.383 50.86 05/02/2020
0.170 0.010 0.010 0.010 6399C9 ASTRO-C9 0.010 -0.005 29 1.330 1.800 37.59 16/01/2019 0.165 0.005 0.005 0.005 471538 GENM-C38 0.005 Unch 2721.5 1.410 5.500 291.84 26/03/2019
0.335 0.085 — — 7099WB ATTA-WB 0.085 — — 0.650 0.870 46.92 09/05/2022 0.085 0.015 0.015 0.015 471541 GENM-C41 0.015 Unch 214 2.800 5.050 83.04 31/07/2019
0.335 0.100 — — 7099WC ATTA-WC 0.100 — — 0.650 0.870 49.23 18/11/2024 0.125 0.030 0.030 0.030 471542 GENM-C42 0.030 Unch 25 2.800 4.600 69.11 28/06/2019
0.030 0.005 — — 0072WA AT-WA 0.005 — — 0.055 0.270 400 28/01/2019 0.085 0.040 0.050 0.040 471543 GENM-C43 0.045 Unch 3039.6 2.800 3.900 47.32 25/06/2019
0.065 0.005 0.005 0.005 0072WB AT-WB 0.005 Unch 16.6 0.055 0.090 72.73 17/10/2019 0.050 0.050 0.050 0.050 471544 GENM-C44 0.050 Unch 10 2.800 4.000 51.79 28/06/2019
0.195 0.020 — — 688827 AXIATA-C27 0.035 — — 3.770 4.100 13.4 16/01/2019 0.105 0.105 0.105 0.105 471545 GENM-C45 0.105 -0.045 20 2.800 2.900 22.32 13/06/2019
0.160 0.095 0.130 0.130 688834 AXIATA-C34 0.130 -0.020 7 3.770 3.450 8.75 30/08/2019 0.110 0.100 0.100 0.100 471546 GENM-C46 0.100 Unch 3950 2.800 3.400 39.29 31/07/2019
0.180 0.130 — — 688835 AXIATA-C35 0.155 — — 3.770 4.200 27.85 17/06/2019 0.205 0.005 0.015 0.005 318251 GENTINGC51 0.015 0.010 153.9 6.040 9.000 50.25 29/03/2019
0.488 0.097 0.110 0.100 7078WA AZRB-WA 0.100 -0.010 38.7 0.295 0.630 147.46 13/05/2024 0.175 0.075 0.085 0.080 318257 GENTINGC57 0.080 Unch 835 6.040 7.700 34.11 28/06/2019
0.550 0.170 0.225 0.205 0098WA BAHVEST-WA 0.210 -0.015 211 0.370 0.430 72.97 20/08/2024 0.105 0.040 0.045 0.045 318258 GENTINGC58 0.045 Unch 300 6.040 7.250 25.25 30/09/2019
0.270 0.075 0.145 0.140 4162CM BAT-CM 0.140 -0.060 40 34.700 32.500 5.76 29/03/2019 0.085 0.085 0.085 0.085 318261 GENTINGC61 0.085 -0.065 50 6.040 6.600 19.12 13/06/2019
0.205 0.200 — — 4162CN BAT-CN 0.205 — — 34.700 40.000 35.95 23/10/2019 0.120 0.100 0.115 0.105 318262 GENTINGC62 0.110 Unch 1156.5 6.040 7.000 24.64 28/06/2019
0.105 0.070 0.100 0.100 5248C1 BAUTO-C1 0.100 Unch 193.5 2.170 2.200 15.21 31/05/2019 0.050 0.005 0.005 0.005 3204CG GKENT-CG 0.005 Unch 130 0.825 3.880 373.33 31/01/2019
0.160 0.005 — — 5248CX BAUTO-CX 0.005 — — 0.697 2.480 257.25 28/12/2018 0.100 0.055 0.060 0.055 0082WB GPACKET-WB 0.055 Unch 704.6 0.320 0.400 42.19 24/11/2023
0.145 0.090 — — 5248CY BAUTO-CY 0.130 — — 2.170 2.000 10.14 20/05/2019 0.040 0.015 0.015 0.015 7096WA GPA-WA 0.015 -0.005 142.1 0.080 0.100 43.75 03/06/2025
0.190 0.140 0.190 0.190 5248CZ BAUTO-CZ 0.190 Unch 239.5 2.170 2.000 9.68 25/06/2019 0.170 0.045 0.045 0.045 7676WB GUNUNG-WB 0.045 -0.005 19 0.290 0.400 53.45 02/10/2020
0.330 0.115 0.160 0.150 5258WA BIMB-WA 0.155 -0.005 134.3 3.620 4.720 34.67 04/12/2023 0.290 0.100 0.100 0.100 2062WC HARBOUR-WC 0.100 -0.050 0.6 0.680 1.560 144.12 03/04/2021
0.100 0.025 0.040 0.035 6998WA BINTAI-WA 0.040 Unch 30.1 0.130 0.200 84.62 15/06/2020 0.240 0.030 0.030 0.030 516811 HARTA-C11 0.030 -0.005 574.4 6.200 7.000 14.84 29/03/2019
0.160 0.090 0.095 0.095 0179WA BIOHLDG-WA 0.095 -0.005 582 0.210 0.220 50 05/01/2022 0.285 0.085 0.090 0.085 516813 HARTA-C13 0.090 -0.010 530 6.200 5.800 3.71 16/01/2019
0.150 0.045 — — 3239WB BJASSET-WB 0.045 — — 0.270 0.350 46.3 10/06/2023 0.125 0.070 0.070 0.070 516816 HARTA-C16 0.070 -0.005 47.5 6.200 6.880 18.87 04/04/2019
0.240 0.025 — — 339510 BJCORP-C10 0.025 — — 0.270 0.350 39.81 30/04/2019 0.305 0.075 0.090 0.075 5072WB HIAPTEK-WB 0.075 -0.020 2524.7 0.270 0.500 112.96 23/06/2021
0.050 0.040 0.040 0.040 339511 BJCORP-C11 0.040 Unch 20 0.270 0.310 29.63 25/06/2019 0.165 0.030 0.035 0.030 5199CI HIBISCS-CI 0.035 -0.005 888.5 1.000 1.100 18.75 31/01/2019
0.100 0.035 0.045 0.040 3395WB BJCORP-WB 0.045 0.005 117.8 0.270 1.000 287.04 22/04/2022 0.195 0.065 0.070 0.065 5199CJ HIBISCS-CJ 0.065 -0.010 850 1.000 1.000 16.25 27/02/2019
0.140 0.065 0.070 0.065 3395WC BJCORP-WC 0.070 Unch 118 0.270 1.000 296.3 29/05/2026 0.180 0.055 0.055 0.055 5199CK HIBISCS-CK 0.055 -0.010 601 1.000 1.200 32.1 18/03/2019
0.100 0.065 — — 1562CW BJTOTO-CW 0.075 — — 2.160 2.400 21.53 28/06/2019 0.195 0.065 0.075 0.065 5199CL HIBISCS-CL 0.065 -0.015 2104 1.000 0.980 14.25 01/03/2019
0.045 0.010 0.015 0.010 7036WC BORNOIL-WC 0.015 -0.005 886 0.045 0.070 88.89 08/11/2025 0.245 0.110 0.110 0.110 5199CM HIBISCS-CM 0.110 -0.035 113.3 1.000 1.100 32 28/06/2019
0.050 0.015 0.015 0.015 7036WD BORNOIL-WD 0.015 -0.005 1013.2 0.045 0.070 88.89 29/05/2027 0.125 0.095 0.095 0.095 5199CN HIBISCS-CN 0.095 -0.005 30 1.000 1.100 33.75 25/06/2019
0.120 0.035 0.040 0.035 0191WA CABNET-WA 0.035 -0.010 46.1 0.240 0.500 122.92 02/07/2021 0.665 0.200 0.450 0.390 5199WC HIBISCS-WC 0.405 -0.050 13318 1.000 1.000 40.5 19/03/2021
0.830 0.410 — — 7174WA CAB-WA 0.410 — — 0.585 0.170 -0.85 08/02/2020 0.700 0.140 0.180 0.165 0185WA HSSEB-WA 0.180 0.010 43 0.825 1.700 127.88 15/03/2023
0.925 0.370 0.645 0.645 7154WA CAELY-WA 0.645 0.045 0.1 1.030 0.380 -0.49 22/04/2021 0.090 0.005 0.005 0.005 7013WB HUBLINE-WB 0.005 Unch 17.5 0.040 0.200 412.5 20/12/2020
0.290 0.025 0.025 0.025 7076WA CBIP-WA 0.025 -0.005 1.3 1.000 2.400 142.5 06/11/2019 0.160 0.025 0.025 0.025 9601WD HWGB-WD 0.025 -0.010 5.2 0.090 0.320 283.33 15/03/2021
0.330 0.080 0.095 0.080 7035WA CCK-WA 0.085 -0.010 2087.1 0.420 0.900 134.52 18/06/2023 1.000 0.100 0.385 0.310 9687WB IDEAL-WB 0.360 -0.040 57 1.060 1.000 28.3 30/03/2021
0.130 0.005 0.015 0.005 5195WB CENSOF-WB 0.015 Unch 153.1 0.125 0.460 280 07/10/2019 0.070 0.005 0.005 0.005 0174WA IDMENSN-WA 0.005 Unch 12.5 0.025 0.200 720 14/07/2020
0.305 0.150 0.205 0.175 7187WA CHGP-WA 0.205 -0.005 23 0.380 0.200 6.58 07/07/2023 0.155 0.060 0.105 0.105 522510 IHH-C10 0.105 -0.020 20 5.350 5.400 12.71 28/06/2019
0.140 0.015 0.015 0.015 102336 CIMB-C36 0.015 Unch 7 5.710 6.100 8.67 31/12/2018 0.070 0.015 0.040 0.035 5225C7 IHH-C7 0.035 -0.005 40 5.350 6.000 14.77 31/05/2019
0.160 0.045 0.055 0.055 102337 CIMB-C37 0.055 -0.005 10 5.710 5.800 7.36 16/01/2019 0.135 0.050 0.105 0.100 5225C8 IHH-C8 0.105 -0.025 80 5.350 5.200 8.97 04/04/2019
0.145 0.100 0.115 0.110 102344 CIMB-C44 0.110 -0.010 0.4 5.710 6.500 23.47 20/05/2019 0.225 0.010 0.010 0.010 16620 INARI-C20 0.010 -0.005 102 1.630 2.050 27.61 16/01/2019
0.170 0.125 0.140 0.135 102345 CIMB-C45 0.140 -0.005 406 5.710 5.700 14.54 28/06/2019 0.095 0.010 0.010 0.010 16623 INARI-C23 0.010 Unch 6.2 1.630 2.530 57.06 31/05/2019
0.045 0.025 0.030 0.030 7018WA CME-WA 0.030 Unch 2923.8 0.035 0.010 14.29 01/05/2028 0.165 0.020 0.025 0.020 16624 INARI-C24 0.025 Unch 300.1 1.630 2.280 44.48 15/04/2019
0.145 0.040 — — 285213 CMSB-C13 0.085 — — 2.800 3.650 42.5 01/03/2019 0.120 0.015 0.015 0.015 16625 INARI-C25 0.015 -0.005 510.5 1.630 2.300 44.14 30/04/2019
0.165 0.105 — — 285215 CMSB-C15 0.165 — — 2.800 3.000 36.61 30/05/2019 0.105 0.055 0.060 0.055 16626 INARI-C26 0.060 Unch 431.2 1.630 1.850 24.54 30/09/2019
0.140 0.035 0.035 0.035 0102WB CONNECT-WB 0.035 -0.010 50 0.130 0.100 3.85 07/06/2021 0.120 0.065 0.075 0.065 16627 INARI-C27 0.075 Unch 872 1.630 1.900 31.29 28/06/2019
0.340 0.100 0.210 0.190 5276WA DANCO-WA 0.200 0.005 428.8 0.420 0.300 19.05 22/05/2022 0.105 0.085 0.090 0.085 16629 INARI-C29 0.090 -0.005 0.4 1.630 1.900 33.13 28/06/2019
0.025 0.005 0.010 0.005 7179WB DBE-WB 0.010 Unch 443.3 0.025 0.050 140 22/01/2022 2.010 1.067 1.100 1.090 0166WB INARI-WB 1.100 -0.020 66.3 1.630 0.533 0.2 17/02/2020
0.075 0.035 0.035 0.035 0152WB DGB-WB 0.035 Unch 15 0.145 0.120 6.9 27/06/2021 0.115 0.020 0.035 0.030 0094WA INIX-WA 0.035 0.005 598.1 0.085 0.100 58.82 16/11/2020
0.225 0.005 0.005 0.005 727731 DIALOG-C31 0.005 -0.015 2 0.753 3.500 366.8 21/12/2018 0.390 0.055 0.065 0.060 3379WB INSAS-WB 0.065 -0.005 394.8 0.670 1.000 58.96 25/02/2020
0.200 0.030 0.040 0.030 727733 DIALOG-C33 0.030 -0.015 470 3.050 3.400 13.93 29/03/2019 0.105 0.010 0.010 0.010 7183WA IRETEX-WA 0.010 Unch 215.2 0.125 0.800 548 10/06/2019
0.215 0.040 0.045 0.040 727734 DIALOG-C34 0.040 -0.010 60.4 3.050 3.200 8.85 16/01/2019 0.035 0.005 0.010 0.010 0024WB JAG-WB 0.010 Unch 252.5 0.040 0.150 300 15/11/2020
0.145 0.045 0.050 0.045 727737 DIALOG-C37 0.045 -0.010 220.6 3.050 3.500 19.18 31/07/2019 0.040 0.015 0.015 0.015 3115WC KBUNAI-WC 0.015 -0.005 50 0.085 0.131 71.76 20/10/2023
0.135 0.070 0.070 0.070 727739 DIALOG-C39 0.070 -0.015 0.8 3.050 3.500 22.79 20/05/2019 0.765 0.200 0.500 0.435 0151WA KGB-WA 0.455 -0.060 1808 0.980 0.500 -2.55 12/06/2019
0.220 0.125 0.130 0.125 727740 DIALOG-C40 0.125 -0.020 1840 3.050 3.300 19.67 28/06/2019 0.030 0.010 0.010 0.010 0036WB KGROUP-WB 0.010 Unch 234.3 0.045 0.200 366.67 01/05/2020
0.140 0.105 0.115 0.115 694726 DIGI-C26 0.115 -0.010 300 4.190 4.500 18.38 25/06/2019 0.605 0.170 0.190 0.170 5027WB KMLOONG-WB 0.170 -0.020 11 1.160 1.400 35.34 10/04/2025
0.145 0.110 0.110 0.110 694727 DIGI-C27 0.110 -0.020 0.4 4.190 4.880 25.66 17/06/2019 0.090 0.015 0.015 0.015 7164WB KNM-WB 0.015 -0.005 59 0.080 1.000 1,168 21/04/2020
0.080 0.060 0.065 0.060 694728 DIGI-C28 0.060 -0.015 40 4.190 5.000 26.21 28/06/2019 0.095 0.010 0.015 0.010 7017WB KOMARK-WB 0.015 -0.005 694.1 0.140 0.230 75 21/01/2020
0.245 0.060 0.065 0.060 4456WD DNEX-WD 0.065 Unch 2269.1 0.225 0.500 151.11 30/07/2021 0.145 0.075 0.075 0.075 7153CY KOSSAN-CY 0.075 Unch 250 4.340 4.750 19.82 26/03/2019
0.415 0.105 0.130 0.115 7114WA DNONCE-WA 0.120 -0.015 643.2 0.335 0.250 10.45 25/11/2020 0.235 0.010 0.020 0.015 5878WB KPJ-WB 0.020 Unch 1164.6 1.030 1.010 0 23/01/2019
0.065 0.015 0.020 0.015 5265WA DOLPHIN-WA 0.020 0.005 198 0.090 0.800 811.11 29/03/2021 0.085 0.015 0.020 0.015 5172WA KSTAR-WA 0.015 Unch 515.9 0.090 0.080 5.56 10/04/2021
0.280 0.095 0.105 0.100 7169WA DOMINAN-WA 0.105 -0.015 192.1 1.290 1.300 8.91 10/09/2020 0.780 0.140 0.150 0.140 9385WA LAYHONG-WA 0.140 -0.010 722.8 0.355 0.400 52.11 13/10/2021
0.055 0.020 0.020 0.020 7198WB DPS-WB 0.020 -0.005 0.1 0.055 0.100 118.18 15/01/2025 0.560 0.210 0.285 0.240 5789WB LBS-WB 0.285 Unch 34 0.660 0.560 28.03 04/10/2020
0.140 0.010 0.010 0.010 161956 DRBHCOMC56 0.010 -0.005 100 1.720 2.280 34.88 31/01/2019 0.200 0.050 0.085 0.075 7126WA LONBISC-WA 0.085 0.005 51 0.630 1.000 72.22 26/01/2020
0.320 0.035 — — 161957 DRBHCOMC57 0.035 — — 1.720 1.800 10.76 21/12/2018 0.090 0.005 0.005 0.005 0017WA M3TECH-WA 0.005 Unch 120 0.050 0.100 110 21/08/2019
0.235 0.030 — — 161958 DRBHCOMC58 0.035 — — 1.720 2.100 28.81 31/01/2019 0.125 0.015 0.015 0.015 8583WC MAHSING-WC 0.015 -0.005 609.9 0.965 2.100 119.17 21/02/2020
0.215 0.035 0.035 0.035 161959 DRBHCOMC59 0.035 -0.020 100 1.720 2.000 24.42 27/02/2019 0.080 0.040 0.045 0.045 526418 MALAKOFC18 0.045 0.005 50 0.795 0.900 21.7 25/06/2019
0.265 0.045 0.050 0.045 161960 DRBHCOMC60 0.045 -0.010 200 1.720 1.950 21.22 30/04/2019 0.345 0.140 0.140 0.140 5236WA MATRIX-WA 0.140 -0.005 10 1.950 2.400 30.26 20/07/2020
0.170 0.025 — — 161961 DRBHCOMC61 0.040 — — 1.720 2.700 63.95 18/02/2019 0.230 0.020 0.030 0.025 6012C7 MAXIS-C7 0.030 0.005 298.6 5.240 5.500 6.39 31/01/2019
0.195 0.035 — — 161962 DRBHCOMC62 0.035 — — 1.720 2.650 60.17 29/03/2019 0.100 0.070 0.070 0.070 6012C9 MAXIS-C9 0.070 Unch 0.4 5.240 5.880 18.23 17/06/2019
0.155 0.050 — — 161963 DRBHCOMC63 0.055 — — 1.720 2.500 59.74 26/03/2019 0.180 0.090 0.100 0.100 115543 MAYBANKC43 0.100 -0.010 780 9.300 9.000 4.3 30/04/2019
0.160 0.020 0.025 0.025 161964 DRBHCOMC64 0.025 Unch 50 1.720 2.400 43.9 31/05/2019 0.105 0.040 0.040 0.040 115544 MAYBANKC44 0.040 -0.010 3 9.300 10.900 20.22 29/03/2019
0.105 0.035 — — 161965 DRBHCOMC65 0.050 — — 1.720 2.400 51.16 01/03/2019 0.070 0.020 0.020 0.020 115546 MAYBANKC46 0.020 -0.005 280 9.300 10.000 9.68 28/06/2019
0.090 0.025 — — 161966 DRBHCOMC66 0.030 — — 1.720 3.000 80.17 30/04/2019 0.155 0.130 0.140 0.135 115549 MAYBANKC49 0.135 -0.005 922.4 9.300 9.500 11.59 31/07/2019
0.140 0.030 0.030 0.030 161967 DRBHCOMC67 0.030 -0.025 44 1.720 2.180 31.98 15/04/2019 0.650 0.260 0.285 0.280 5152WA MBL-WA 0.280 -0.005 45 1.050 0.800 2.86 28/11/2022
0.185 0.100 0.105 0.100 161968 DRBHCOMC68 0.100 -0.010 345 1.720 1.900 29.65 28/06/2019 0.085 0.040 0.055 0.055 117117 MBSB-C17 0.055 Unch 10 0.945 1.010 14.15 31/07/2019
0.095 0.005 — — 521610 DSONIC-C10 0.005 — — 0.370 1.000 172.97 31/01/2019 0.105 0.065 0.070 0.065 117118 MBSB-C18 0.065 -0.010 140 0.945 1.000 19.58 31/05/2019
0.300 0.050 0.070 0.065 5216WA DSONIC-WA 0.065 -0.010 1064.6 0.370 1.090 212.16 05/07/2023 0.105 0.075 0.075 0.075 117119 MBSB-C19 0.075 -0.005 0.4 0.945 1.000 21.69 20/05/2019
0.150 0.005 0.010 0.005 3417WB E&O-WB 0.005 -0.005 52.4 0.374 2.600 596.52 21/07/2019 0.120 0.020 0.020 0.020 0167WB MCLEAN-WB 0.020 Unch 10.9 0.125 0.250 116 07/10/2020
0.025 0.005 — — 0154WB EAH-WB 0.005 — — 0.015 0.090 533.33 24/02/2019 0.120 0.040 0.050 0.045 5040WA MEDAINC-WA 0.050 -0.010 20.1 0.325 0.500 69.23 13/08/2021
0.030 0.005 0.010 0.005 0154WD EAH-WD 0.010 Unch 345.2 0.015 0.050 300 25/10/2022 0.070 0.020 0.020 0.020 5040WB MEDAINC-WB 0.020 Unch 134.3 0.325 0.900 183.08 22/04/2022
0.020 0.005 0.010 0.005 0154WE EAH-WE 0.010 Unch 124.6 0.015 0.035 200 22/04/2023 0.200 0.030 0.040 0.030 1694WB MENANG-WB 0.040 0.005 560.6 0.400 0.550 47.5 09/07/2019
0.135 0.035 0.065 0.055 3557WC ECOFIRS-WC 0.065 -0.005 20 0.300 0.300 21.67 10/09/2019 0.118 0.040 0.040 0.040 5576WC MINHO-WC 0.040 -0.010 10 0.280 0.500 92.86 02/08/2021
0.590 0.075 0.085 0.075 5253WA ECONBHD-WA 0.080 -0.010 2531.7 0.395 1.250 236.71 02/01/2023 0.210 0.055 0.060 0.055 9571WE MITRA-WE 0.060 0.005 50.7 0.265 0.940 277.36 17/04/2023
0.105 0.085 — — 8206CQ ECOWLD-CQ 0.090 — — 0.990 1.350 54.55 29/03/2019 0.050 0.015 0.015 0.015 0103WA MNC-WA 0.015 Unch 2505.1 0.050 0.100 130 05/11/2021
0.035 0.030 — — 8206CS ECOWLD-CS 0.035 — — 0.990 1.500 60 30/04/2019 0.040 0.010 0.010 0.010 0070WA MQTECH-WA 0.010 Unch 3435.1 0.035 0.100 214.29 21/11/2021
0.385 0.190 0.190 0.190 8206WA ECOWLD-WA 0.190 -0.010 103 0.990 2.080 129.29 26/03/2022 0.200 0.010 0.015 0.010 165132 MRCB-C32 0.015 0.005 51 0.610 0.800 33.61 28/02/2019
0.150 0.035 0.040 0.035 7471WB EDEN-WB 0.040 0.005 156 0.100 0.300 240 13/08/2021 0.140 0.050 0.055 0.050 165137 MRCB-C37 0.050 -0.005 1010 0.610 0.700 31.15 30/04/2019
0.055 0.005 — — 0107WA EDUSPEC-WA 0.005 — — 0.030 0.180 516.67 24/12/2018 0.440 0.180 0.190 0.185 1651WB MRCB-WB 0.190 -0.005 169 0.610 1.250 136.07 29/10/2027
1.280 0.110 0.140 0.125 0065WA EFORCE-WA 0.130 -0.010 789.3 0.410 0.340 14.63 17/07/2019 0.090 0.015 0.015 0.015 0092WC MTOUCHE-WC 0.015 Unch 100 0.080 0.200 168.75 02/11/2020
0.420 0.140 0.170 0.140 8907WC EG-WC 0.150 -0.020 631.5 0.450 0.500 44.44 03/11/2020 0.535 0.045 0.045 0.045 13839 MYEG-C39 0.045 -0.005 2 0.875 0.850 7.43 21/12/2018
0.025 0.005 — — 7182WA EKA-WA 0.005 — — 0.070 0.200 192.86 22/01/2019 0.200 0.005 0.005 0.005 13841 MYEG-C41 0.005 Unch 45 0.875 1.600 84.86 21/12/2018
0.130 0.005 — — 8877CN EKOVEST-CN 0.005 — — 0.440 0.800 84.55 21/12/2018 0.470 0.080 0.085 0.080 13844 MYEG-C44 0.080 -0.015 4171.6 0.875 1.000 32.57 29/03/2019
0.125 0.010 — — 8877CP EKOVEST-CP 0.010 — — 0.440 0.650 52.27 31/01/2019 0.290 0.015 0.020 0.015 13845 MYEG-C45 0.020 -0.005 1264 0.875 1.280 52 18/02/2019
0.085 0.045 — — 8877CQ EKOVEST-CQ 0.045 — — 0.440 0.850 113.64 26/03/2019 0.225 0.030 0.030 0.030 13846 MYEG-C46 0.030 -0.005 2000 0.875 1.450 77.71 29/03/2019
0.060 0.005 — — 8877CR EKOVEST-CR 0.005 — — 0.440 0.880 102.27 18/03/2019 0.135 0.060 0.070 0.065 13855 MYEG-C55 0.065 -0.005 6902.4 0.875 1.200 59.43 28/06/2019
0.040 0.040 — — 8877CS EKOVEST-CS 0.040 — — 0.440 0.600 54.55 30/05/2019 0.085 0.060 0.070 0.060 4707CE NESTLE-CE 0.060 -0.010 0.4 144.49 148.00 6.58 28/06/2019
0.075 0.035 0.035 0.035 8877CT EKOVEST-CT 0.035 -0.010 340 0.440 0.500 29.55 30/04/2019 0.030 0.005 0.005 0.005 0096WC NEXGRAM-WC 0.005 -0.005 20 0.020 0.100 425 15/01/2024
0.795 0.045 0.060 0.045 8877WB EKOVEST-WB 0.045 -0.010 1426.9 0.440 0.480 19.32 25/06/2019 0.335 0.050 0.170 0.160 7241WA NGGB-WA 0.165 0.005 2589.1 0.470 0.600 62.77 18/10/2020
0.185 0.020 — — 5283CM EWINT-CM 0.020 — — 0.755 0.950 31.13 31/01/2019 0.410 0.200 0.280 0.250 0083WC NOTION-WC 0.250 -0.030 427 0.585 0.840 86.32 14/03/2023
0.340 0.135 0.145 0.135 5283WA EWINT-WA 0.135 -0.020 5483 0.755 1.450 109.93 02/04/2022 0.295 0.065 0.095 0.085 0172WA OCK-WA 0.090 -0.005 1137.9 0.420 0.710 90.48 15/12/2020
0.210 0.025 0.025 0.025 3689CC F&N-CC 0.025 -0.035 30 30.500 33.000 11.48 31/01/2019 0.095 0.015 0.040 0.040 0079WA ORION-WA 0.040 Unch 126 0.100 0.170 110 26/07/2022
0.535 0.040 0.045 0.040 7047WB FAJAR-WB 0.040 -0.015 241.4 0.325 0.700 127.69 24/09/2019 0.210 0.050 0.055 0.055 5053WC OSK-WC 0.055 0.005 0.1 0.890 1.200 41.01 22/07/2020
TUES DAY DEC E MBE R 1 8 , 20 1 8 • T HEED G E FINA NCIA L DA ILY
Markets 2 9
G L O B A L M A R K E T S . B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S

China — Blue chips end down, Shanghai An index tracking new energy vehicle slumped 2% last Friday on the back of grim in Asian trade yesterday.
up as investors await govt meeting firms on the mainland ended 1.1% lower Chinese data which also knocked Wall Street. Bucking the stronger market, discount
following the news. “The market seems to be digesting children’s wear operator Nishimatsuya Chain
SHANGHAI: Chinese blue chips fell yesterday, The smaller Shenzhen Index ended concerns about global growth and some nosedived 8.6% after the company cut its
but the broader Shanghai benchmark closed down 0.31% and the start-up board ChiNext of these worries have been priced into full-year net profit forecast by 42% to ¥3.33
higher, with low trading volumes as investors Composite Index was weaker by 0.861%. the market for now,” said Toru Ibayashi, billion for the year ending February due to
await the closely watched annual Central The largest percentage gainers in the executive director of Wealth Management weak sales of baby clothes.
Economic Work Conference this week for SSEC were Guangzhou Pearl River Industrial at UBS Securities Japan. Office supply company Askul Corp
signs of more policy support. Development Co Ltd up 10.05%, followed by However, analysts said investors are still tumbled 6.5% after its pre-tax profit dropped
The blue-chip CSI 300 Index fell 0.2%, Fuda Alloy Materials Co Ltd gaining 10.01% cautious about further signs of a slowdown 54.5% on year to ¥958 million for the first
while its financial sector sub-index was and ARTS Group Co Ltd, up by 10%. in global growth — a factor reflected in the half ended November hit by rising delivery
higher by 0.12%, the consumer staples sector The largest percentage losses in the SSEC underperformance of the Topix, which only costs amid driver shortage.
down 0.72%, the real estate index up 0.25% were Jinzhou Jixiang Moly Co Ltd down rose 0.1% to 1,594.2. As the risks to the global economy rises,
and the healthcare sub-index down 1.72%. 10.01%, followed by WG Tech JiangXi Co “Large-cap stocks were the main losers the Bank of Japan (BoJ) is expected to join a
The Shanghai Composite Index (SSEC) Ltd losing 10% and Wingtech Technology last Friday, so investors bought back as selling chorus of warnings from other policymakers
rose 0.16% or 4.23 points to 2,597.97. Co Ltd down by 8.65%. is thought to be overdone,” said Hikaru Sato, of the threat to growth from protectionism
Average new home prices in China’s Shares in Hong Kong finished flat a senior technical analyst at Daiwa Securities. and signal its resolve to keep the money
70 major cities rose 0.9% in November yesterday amid low trading volumes, as “But mid-to-small-cap stocks are still spigot open.
from a month earlier, slower than the investors await the outcome of key policy struggling as investors are still reluctant to At this week’s policy review, the BoJ is
previous month’s 1% and the weakest since meetings this week in China and the US. go long for the overall market,” said Sato. seen maintaining its ultra-easy monetary
September, though the sector remained The Hang Seng Index was down 0.03% Machinery and technology shares gained settings even as years of heavy bond buying
relatively resilient amid a broader slowdown or 6.81 points to 26,087.98 points, and the after selling off on worries about China’s weak dries up market liquidity and hurts bank
in economic activity. Hang Seng China Enterprises Index down retail growth and industrial output data. profits, leaving it well behind its US and
Many investors are awaiting a speech 0.1% or 7.62 points to 10,351.81. Advantest Corp jumped 2.1%, while Tokyo European counterparts in dialing back crisis-
from Chinese President Xi Jinping today to Electron and TDK Corp both gained 1.8%. mode stimulus.
mark the 40th anniversary of China’s reform Japan — Nikkei up as large cap stocks Weaker oil prices lifted utility shares on Adding to the plight of narrowing margins
and opening. Top leaders are also due to rebound; growth woes cap gains hopes of lower costs. Tokyo Electric Power for financial institutions, the 10-year yield
map out economic and reform plans for Co gained 3% and Chubu Electric Power Co hit a five-month low of 0.025% yesterday as
2019 during an annual Central Economic TOKYO: Japan’s Nikkei rose yesterday, added 1.9%. investors flocked to the safety of Japanese
Work Conference this week. recouping some of the sharp losses seen at On the other hand, mining stocks lost government bonds.
China will temporarily suspend additional the end of last week as investors picked up ground. Inpex Corp fell 1.7%. Some analysts say 10-year yields may fall
25% tariffs on US-made vehicles and auto battered shares, but the upside was curbed The weak China data fanned worries below zero, a move that would undermine the
parts starting Jan 1, the finance ministry said by rising concerns over global growth. about lower fuel demand in the world’s BoJ’s efforts to steepen the yield curve and
last Friday, following a truce in a trade war The Nikkei Share Average Index rose biggest oil importer, sending oil prices down give financial institutions some breathing
between the world’s two largest economies. 0.62% or 132.05 points to 21,506.88, after it about 2% last Friday before they edged up space. — Reuters

Shanghai Composite Hang Seng Nikkei 225 FT Straits Times

Index points Index points
Index points Index points
5800 33800 24500 3700
2,597.97 26,087.98
+4.23 -6.81 2,774.06
(+0.16%)
4825 29305 21,056.93 (-0.03%)
20400 3375

3850 24810 16300 3050

10,172.06
3,087.842
21,506.88
2875 20315 12200 +132.05 2725
(+0.62%)
3,114.25
+37.16
1900 15820 8100 2400 (+1.21%)
Mar 1, 2010 Dec 17, 2018 Mar 1, 2010 Dec 17, 2018 Mar 1, 2010 Dec 17, 2018 Mar 1, 2010 Dec 17, 2018

Bursa Malaysia Equity Derivatives

Main Market & Ace Market Warrants YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY 0.350 0.050 0.050 0.050 3743WA SUNSURIA-WA 0.050 -0.010 10 0.680 1.500 127.94 22/07/2020
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE 0.640 0.225 0.270 0.225 5211WB SUNWAY-WB 0.245 -0.010 426.4 1.400 1.790 45.36 03/10/2024
0.155 0.030 0.035 0.030 0148WB SUNZEN-WB 0.035 Unch 13 0.150 0.250 90 25/02/2021
0.365 0.100 0.105 0.100 5260WA OWG-WA 0.105 Unch 193.1 0.485 0.800 86.6 29/09/2023 0.840 0.040 0.290 0.240 710640 SUPERMX-C40 0.240 -0.050 150.4 3.540 3.000 -1.69 31/12/2018
0.095 0.010 0.020 0.010 7052CW PADINI-CW 0.020 0.005 167.3 3.350 6.200 89.55 28/06/2019 0.480 0.075 0.195 0.195 710642 SUPERMX-C42 0.195 -0.025 30 3.540 2.880 3.39 31/01/2019
0.420 0.245 0.305 0.285 8419WA PANSAR-WA 0.305 Unch 25 0.800 0.950 56.88 06/06/2023 0.175 0.015 0.025 0.025 710647 SUPERMX-C47 0.025 -0.005 224.6 3.540 4.600 34.53 27/02/2019
0.255 0.070 0.070 0.070 5125WB PANTECH-WB 0.070 Unch 10 0.430 0.500 32.56 21/12/2021 0.185 0.015 0.025 0.025 710648 SUPERMX-C48 0.025 -0.005 335 3.540 4.500 30.65 30/04/2019
0.095 0.020 0.040 0.035 7225WB PA-WB 0.035 -0.005 255 0.055 0.060 72.73 17/12/2022 0.165 0.010 0.020 0.020 710649 SUPERMX-C49 0.020 -0.010 100 3.540 5.000 43.79 18/02/2019
0.460 0.150 0.265 0.255 129521 PBBANK-C21 0.255 -0.045 63 24.220 23.000 1.81 31/12/2018 0.090 0.010 0.020 0.020 710651 SUPERMX-C51 0.020 -0.005 300 3.540 4.450 29.1 15/03/2019
0.105 0.045 0.050 0.045 129527 PBBANK-C27 0.045 -0.005 100.5 24.220 25.000 6.94 28/06/2019 0.220 0.065 0.145 0.130 710652 SUPERMX-C52 0.135 -0.010 3516.9 3.540 3.300 12.29 29/03/2019
0.215 0.070 0.135 0.135 518320 PCHEM-C20 0.135 0.010 67 9.180 8.400 3.27 31/01/2019 0.120 0.030 0.060 0.055 710653 SUPERMX-C53 0.055 -0.010 1917.4 3.540 4.200 26.41 29/03/2019
0.235 0.110 0.110 0.110 518322 PCHEM-C22 0.110 -0.020 10 9.180 9.500 10.68 26/03/2019 0.225 0.065 0.145 0.145 710655 SUPERMX-C55 0.145 -0.005 10 3.540 3.500 15.25 31/07/2019
0.200 0.075 0.080 0.075 518323 PCHEM-C23 0.075 -0.010 840.2 9.180 10.300 16.69 29/03/2019 0.250 0.150 0.170 0.155 710658 SUPERMX-C58 0.155 -0.020 50.8 3.540 3.300 15.11 20/05/2019
0.060 0.015 0.025 0.025 518324 PCHEM-C24 0.025 0.005 0.5 9.180 10.000 11.66 28/06/2019 0.260 0.170 0.175 0.170 710659 SUPERMX-C59 0.170 -0.015 98.6 3.540 3.000 8.76 30/08/2019
0.125 0.110 0.120 0.115 518325 PCHEM-C25 0.115 0.005 0.4 9.180 10.300 18.46 17/06/2019 0.170 0.120 0.130 0.120 710660 SUPERMX-C60 0.125 -0.010 2577 3.540 3.800 25 25/06/2019
0.295 0.035 0.040 0.035 8311WC PESONA-WC 0.040 Unch 243 0.180 0.250 61.11 27/01/2020 0.128 0.022 0.035 0.030 1538WB SYMLIFE-WB 0.030 Unch 541 0.335 0.790 144.78 11/11/2020
0.185 0.095 0.150 0.135 6033CR PETGAS-CR 0.135 0.015 1.6 19.54 19.50 10.85 26/03/2019 0.050 0.020 0.025 0.025 2429WB TANCO-WB 0.025 0.005 99 0.055 0.050 36.36 23/08/2021
0.130 0.050 0.115 0.105 6033CS PETGAS-CS 0.115 0.015 0.8 19.54 19.00 6.06 28/06/2019 0.300 0.070 0.100 0.070 7200WA TEKSENG-WA 0.100 0.030 18.3 0.245 0.250 42.86 29/01/2020
0.105 0.030 0.035 0.035 7163WA PJBUMI-WA 0.035 -0.005 2.1 0.110 0.500 386.36 05/07/2022 0.190 0.085 0.095 0.085 534750 TENAGA-C50 0.085 -0.010 2675 12.920 14.400 19.35 28/06/2019
2.260 0.795 1.900 1.900 7172WA PMBTECH-WA 1.900 Unch 3.2 3.840 3.010 27.86 12/07/2023 0.140 0.060 0.065 0.065 534751 TENAGA-C51 0.065 Unch 160 12.920 14.000 13.39 30/08/2019
0.185 0.100 0.100 0.100 886917 PMETAL-C17 0.100 -0.005 10 4.750 4.800 12.63 29/03/2019 0.360 0.100 0.185 0.185 7252WA TEOSENG-WA 0.185 Unch 14.7 0.940 1.350 63.3 29/01/2020
0.185 0.095 0.100 0.095 886919 PMETAL-C19 0.095 -0.005 1001 4.750 5.300 21.58 24/04/2019 2.810 0.820 0.950 0.950 7034WA TGUAN-WA 0.950 -0.050 2.6 2.340 1.500 4.7 09/10/2019
0.120 0.085 0.085 0.085 886921 PMETAL-C21 0.085 Unch 67.2 4.750 5.600 27.74 28/06/2019 0.264 0.018 0.055 0.045 7889WB THRIVEN-WB 0.055 Unch 14.2 0.185 0.480 189.19 05/10/2020
0.110 0.105 0.105 0.105 886922 PMETAL-C22 0.105 -0.005 60 4.750 5.100 18.42 13/06/2019 0.230 0.005 0.005 0.005 486326 TM-C26 0.005 Unch 10 1.300 3.500 170.77 30/01/2019
0.830 0.300 0.510 0.500 7088WB POHUAT-WB 0.500 -0.010 132 1.490 1.000 0.67 21/10/2020 0.050 0.020 0.025 0.025 486334 TM-C34 0.025 -0.005 200 2.590 3.200 26.45 31/07/2019
0.090 0.005 0.005 0.005 463422 POS-C22 0.005 Unch 52 1.680 4.000 139.58 28/06/2019 0.105 0.065 0.095 0.095 486335 TM-C35 0.095 Unch 5 2.590 2.800 28.28 28/06/2019
0.120 0.005 0.020 0.005 463425 POS-C25 0.005 Unch 108.2 1.680 4.000 139.58 24/04/2019 0.180 0.120 0.170 0.165 486336 TM-C36 0.170 Unch 600 2.590 2.200 14.48 28/06/2019
0.125 0.020 0.025 0.025 463427 POS-C27 0.025 Unch 140 1.680 3.000 86.01 30/09/2019 0.155 0.110 0.150 0.150 486338 TM-C38 0.150 Unch 0.4 2.590 2.500 25.48 17/06/2019
0.080 0.015 0.015 0.015 463428 POS-C28 0.015 Unch 350 1.680 3.450 109.82 28/06/2019 0.205 0.035 0.040 0.035 0101WB TMCLIFE-WB 0.040 Unch 226 0.740 0.750 6.76 21/06/2019
0.070 0.040 0.050 0.040 463429 POS-C29 0.050 0.005 2076.8 1.680 2.600 66.67 28/06/2019 0.465 0.170 0.210 0.200 7285WA TOMYPAK-WA 0.210 Unch 97 0.610 0.930 86.89 21/06/2021
0.220 0.040 0.045 0.045 5070WA PRTASCO-WA 0.045 Unch 29.7 0.210 0.750 278.57 25/04/2023 0.405 0.105 0.180 0.130 711333 TOPGLOV-C33 0.175 -0.010 496.9 5.740 5.500 6.49 29/03/2019
0.115 0.010 0.015 0.010 7145WA PSIPTEK-WA 0.015 -0.005 128 0.105 0.100 9.52 16/11/2019 0.275 0.110 0.110 0.110 711335 TOPGLOV-C35 0.110 -0.010 20 5.740 6.100 13.94 30/01/2019
0.180 0.070 0.075 0.070 0186WA PTRANS-WA 0.070 -0.005 5889.7 0.260 0.235 17.31 19/09/2020 0.235 0.115 0.130 0.125 711338 TOPGLOV-C38 0.130 -0.005 250 5.740 6.150 16.2 18/02/2019
0.260 0.055 0.080 0.070 0007WA PUC-WA 0.070 -0.010 609.2 0.110 0.100 54.55 25/12/2024 0.240 0.070 0.075 0.075 711339 TOPGLOV-C39 0.075 -0.005 742.6 5.740 6.440 21.34 28/02/2019
0.245 0.010 0.015 0.015 0007WB PUC-WB 0.015 Unch 200 0.110 0.100 4.55 15/02/2019 0.185 0.110 0.120 0.120 711340 TOPGLOV-C40 0.120 Unch 300 5.740 5.900 17.42 26/03/2019
0.550 0.210 0.280 0.280 7237WA PWROOT-WA 0.280 -0.010 2 1.260 1.540 44.44 24/07/2023 0.245 0.150 0.165 0.160 711342 TOPGLOV-C42 0.165 Unch 445 5.740 5.800 16.86 31/05/2019
0.135 0.060 0.070 0.065 5256WA REACH-WA 0.065 -0.005 6883.5 0.245 0.750 232.65 12/08/2022 0.145 0.130 0.140 0.140 711344 TOPGLOV-C44 0.140 -0.005 1440 5.740 6.600 28.4 31/07/2019
0.155 0.090 0.090 0.090 106610 RHBBANKC10 0.090 -0.015 200 5.160 5.540 14.34 31/05/2019 0.260 0.110 0.120 0.120 7173WB TOYOINK-WB 0.120 Unch 237.1 0.635 1.500 155.12 06/11/2023
0.110 0.065 0.070 0.065 106611 RHBBANKC11 0.065 -0.015 81.4 5.160 5.750 16.47 04/04/2019 0.230 0.060 0.060 0.060 5401WA TROP-WA 0.060 -0.025 131 0.820 1.000 29.27 06/12/2019
0.265 0.055 0.065 0.055 1066C8 RHBBANK-C8 0.060 -0.015 696.8 5.160 5.300 6.2 28/02/2019 0.095 0.015 0.070 0.070 458811 UMW-C11 0.070 Unch 5 5.500 6.100 18.55 28/06/2019
0.180 0.055 0.065 0.060 8567WB SALCON-WB 0.065 Unch 46.1 0.225 0.300 62.22 19/07/2025 0.270 0.110 0.230 0.200 458812 UMW-C12 0.220 -0.005 719.7 5.500 4.600 7.64 30/05/2019
0.025 0.003 0.005 0.005 0133WD SANICHI-WD 0.005 Unch 300 0.080 0.300 281.25 21/07/2019 0.240 0.105 0.205 0.180 458813 UMW-C13 0.200 0.005 185.2 5.500 4.700 7.27 30/08/2019
0.095 0.025 0.025 0.025 521869 SAPNRGC69 0.025 -0.005 550 0.320 0.550 87.5 30/04/2019 0.250 0.155 0.215 0.190 458815 UMW-C15 0.210 -0.005 415 5.500 4.800 10.18 28/06/2019
0.100 0.055 0.055 0.055 521873 SAPNRGC73 0.055 -0.005 700 0.320 0.400 50.78 31/05/2019 0.105 0.015 0.035 0.035 4588C9 UMW-C9 0.035 -0.005 617 5.500 6.500 23.27 26/03/2019
0.055 0.055 0.055 0.055 521874 SAPNRGC74 0.055 -0.095 0.4 0.320 0.400 50.78 28/06/2019 0.245 0.170 0.225 0.225 500511 UNISEM-C11 0.225 -0.020 400 3.220 2.500 5.59 29/03/2019
0.130 0.030 0.030 0.030 0161WA SCH-WA 0.030 -0.005 272 0.100 0.100 30 04/12/2021 0.210 0.120 0.190 0.190 5005C9 UNISEM-C9 0.190 Unch 20 3.220 2.400 1.09 30/01/2019
0.125 0.010 0.015 0.010 7158WB SCOMI-WB 0.015 Unch 2500 0.045 0.210 400 18/02/2023 0.260 0.060 0.065 0.060 5243WA VELESTO-WA 0.065 Unch 568.4 0.200 0.395 130 18/10/2024
0.260 0.020 0.030 0.025 7073WC SEACERA-WC 0.030 Unch 469.6 0.175 1.000 488.57 21/01/2021 0.355 0.100 0.160 0.150 0120WB VIS-WB 0.150 -0.010 270.1 0.390 0.750 130.77 16/11/2022
0.255 0.110 0.115 0.115 5279CL SERBADK-CL 0.115 0.005 20 3.730 3.500 7.71 31/01/2019 0.160 0.050 0.050 0.050 0097CM VITROX-CM 0.050 -0.040 50 6.240 8.000 37.82 28/06/2019
0.175 0.070 0.070 0.070 5279CN SERBADK-CN 0.070 Unch 30 3.730 4.500 29.09 29/03/2019 0.015 0.005 0.010 0.005 0069WE VIVOCOM-WE 0.010 0.005 202.1 0.020 0.050 200 22/08/2023
0.350 0.170 0.290 0.290 7180WA SERN-WA 0.290 0.025 14 0.535 0.400 28.97 20/03/2023 1.085 0.310 0.320 0.320 7070WC VIZIONE-WC 0.320 -0.015 10.6 0.860 0.700 18.6 05/02/2022
0.125 0.020 0.045 0.040 419727 SIME-C27 0.040 -0.005 0.8 2.310 2.600 16.88 31/05/2019 0.105 0.020 0.020 0.020 6963C4 VS-C4 0.020 -0.025 5 0.820 1.750 123.17 31/01/2019
0.095 0.055 0.065 0.065 419729 SIME-C29 0.065 Unch 620 2.310 3.000 36.9 28/06/2019 0.165 0.005 0.050 0.005 6963C5 VS-C5 0.010 -0.095 1580 0.820 1.600 98.78 29/03/2019
0.030 0.015 0.015 0.015 5288CJ SIMEPROP-CJ 0.015 Unch 50 0.950 1.250 34.74 28/06/2019 0.150 0.005 0.005 0.005 6963C6 VS-C6 0.005 -0.010 200 0.820 1.850 128.35 26/03/2019
0.145 0.055 0.055 0.055 9776WC SMCAP-WC 0.055 Unch 18.7 0.115 0.200 121.74 29/08/2023 0.320 0.055 0.065 0.055 9679WE WCT-WE 0.060 -0.005 487.1 0.680 2.080 214.71 27/08/2020
0.250 0.070 0.070 0.070 5213WB SNTORIA-WB 0.070 -0.010 5 0.450 0.600 48.89 09/01/2025 0.180 0.085 0.115 0.100 0162WA WIDAD-WA 0.110 -0.005 5530.2 0.255 0.350 80.39 05/08/2023
0.150 0.035 0.045 0.040 0093WA SOLUTN-WA 0.040 Unch 53.1 0.085 0.200 182.35 04/07/2021 0.120 0.050 0.060 0.060 5246CX WPRTS-CX 0.060 -0.010 330 3.620 4.200 20.99 24/04/2019
0.105 0.015 0.025 0.025 866410 SPSETIA-C10 0.025 Unch 187 2.390 2.800 20.29 28/06/2019 0.150 0.120 0.135 0.125 5246CY WPRTS-CY 0.130 -0.010 120.7 3.620 3.350 6.91 30/08/2019
0.165 0.100 0.155 0.155 866411 SPSETIA-C11 0.155 Unch 30 2.390 2.300 15.69 25/06/2019 0.130 0.035 0.035 0.035 7293CT YINSON-CT 0.035 Unch 95 4.290 4.680 12.76 31/05/2019
0.085 0.040 0.085 0.080 0129WA SRIDGE-WA 0.085 Unch 286.6 0.255 0.180 3.92 24/02/2023 0.120 0.080 0.085 0.080 7293CV YINSON-CV 0.085 Unch 400 4.290 4.950 27.27 30/05/2019
0.195 0.105 0.105 0.105 0080WA STRAITS-WA 0.105 -0.005 104 0.225 0.115 -2.22 10/08/2022 1.220 0.135 0.165 0.145 7066WA YONGTAI-WA 0.165 0.010 310.3 0.325 0.500 104.62 24/06/2020
0.115 0.010 0.010 0.010 1201WA SUMATEC-WA 0.010 Unch 200 0.015 0.320 2,100 03/03/2021
Please refer to the Bursa Malaysia website for the prices of loan stocks, bonds and overseas structure warrants
3 0 Markets T U ESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE FI N AN C I AL DAI LY

INSIDER MOVES . TRADING THEMES . EVENTS . FOREX

Insider moves (Filings on December 14, 2018) Trading themes

Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the company’s outlook. China’s export of aluminium semis
COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION
(DISPOSED) SHAREHOLDER AFTER CHANGE DATE
ACME 10,000,000 NADA WANGI S/B 72,901,181 11/12
ACME (10,000,000) SUPPTECH S/B 15,656,873 11/12
AEON CO. (M) 453,300 EMPLOYEES PROVIDENT FUND BOARD 183,068,300 11/12
AIRASIA GROUP (396,700) EMPLOYEES PROVIDENT FUND BOARD 187,761,449 10/12
AIRASIA GROUP 253,000 EMPLOYEES PROVIDENT FUND BOARD 188,014,449 11/12
AIRASIA X 5,000,000 TAN SRI ANTHONY FRANCIS FERNANDES 1,421,918,604 12/12
ANN JOO RESOURCES 109,000 LIM SENG QWEE 255,116,882 11 TO 13/12
ASTRO MALAYSIA 8,300,000 EMPLOYEES PROVIDENT FUND BOARD 413,310,364 11 & 12/12
BERMAZ AUTO 182,300 EMPLOYEES PROVIDENT FUND BOARD 156,699,300 11/12
BINASAT COMMUNICATIONS 335,000 NA BOON AIK 71,840,851 12/12
BUMI ARMADA (2,000,000) EMPLOYEES PROVIDENT FUND BOARD 479,367,100 11/12
CAHYA MATA SARAWAK 151,300 DATO SRI SULAIMAN ABDUL 107,471,555 11, 12
RAHMAN TAIB & 14/12
CAPITALAND MALAYSIA 1,300,000 KUMPULAN WANG PERSARAAN 172,671,400 12/12
MALL TRUST (DIPERBADANKAN)
COASTAL CONTRACTS 369,200 PANG FONG THAU 240,378,601 12/12
DESTINI 368,000 BPH CAPITAL S/B 189,338,212 13/12
DIALOG GROUP 16,259,100 KUMPULAN WANG PERSARAAN 347,296,833 13/12
(DIPERBADANKAN)
DIALOG GROUP 2,934,000 EMPLOYEES PROVIDENT FUND BOARD 447,750,516 11/12
DIGI.COM (523,900) EMPLOYEES PROVIDENT FUND BOARD 1,153,495,250 11/12
DRB-HICOM 1,400,000 EMPLOYEES PROVIDENT FUND BOARD 188,004,197 7 & 10/12
ECOFIRST CONSOLIDATED (550,000) DATO’ TIONG KWING HEE 150,182,800 13/12
HONG LEONG BANK 240,700 EMPLOYEES PROVIDENT FUND BOARD 262,331,221 11/12
HOVID 545,400 FAJAR ASTORIA S/B 466,796,640 12/12
IGB REAL ESTATE (500,000) EMPLOYEES PROVIDENT FUND BOARD 371,827,966 11/12
INVESTMENT TRUST
IHH HEALTHCARE 2,488,000 EMPLOYEES PROVIDENT FUND BOARD 741,652,300 11/12
IJM CORPORATION 150,000 KUMPULAN WANG PERSARAAN 184,167,400 13/12
(DIPERBADANKAN)
IMASPRO CORPORATION (1,145,200) YU KUAN CHON 18,902,204 11 TO 13/12
INARI AMERTRON (291,500) EMPLOYEES PROVIDENT FUND BOARD 219,023,098 11/12
Steel demand forecasts by region/country (finished steel products)
INTA BINA GROUP 657,300 JINATA MUHAMAD YUSUP 36,008,800 7, 10
TO 13/12
IOI CORPORATION 163,000 EMPLOYEES PROVIDENT FUND BOARD 787,236,373 11/12
KOSSAN RUBBER INDUSTRIES 478,700 EMPLOYEES PROVIDENT FUND BOARD 91,787,555 10 & 11/12
KUALA LUMPUR KEPONG 388,900 EMPLOYEES PROVIDENT FUND BOARD 127,788,288 11/12
MALAYAN BANKING (1,331,100) AMANAHRAYA TRUSTEE 3,841,346,381 12/12
- AMANAH SAHAM BUMIPUTERA
MALAYSIA AIRPORTS 146,600 EMPLOYEES PROVIDENT FUND BOARD 184,067,092 11/12
MATRIX CONCEPTS 152,800 EMPLOYEES PROVIDENT FUND BOARD 49,712,007 12/12
MAXIS 427,600 EMPLOYEES PROVIDENT FUND BOARD 894,694,214 11/12
MBM RESOURCES (207,400) EMPLOYEES PROVIDENT FUND BOARD 56,838,391 11/12
MY E.G.SERVICES 7,863,200 EMPLOYEES PROVIDENT FUND BOARD 189,267,911 11/12
MY E.G.SERVICES 300,000 DATO’ DR NORRAESAH HJ MO 1,015,540,444 14/12
MYNEWS (354,000) KUMPULAN WANG PERSARAAN 50,524,100 13/12
(DIPERBADANKAN)
OMESTI 199,000 MONTEIRO GERARD CLAIR 84,654,100 11 TO 13/12
PETRONAS CHEMICALS GROUP 1,367,300 EMPLOYEES PROVIDENT FUND BOARD 656,144,700 11/12
PETRONAS DAGANGAN 208,000 EMPLOYEES PROVIDENT FUND BOARD 59,714,000 11/12
PETRONAS GAS 190,200 EMPLOYEES PROVIDENT FUND BOARD 184,227,400 11/12
PROTASCO 8,548,354 DATO’ SRI CHONG KET PEN 139,223,573 12/12
PUBLIC BANK 1,844,700 EMPLOYEES PROVIDENT FUND BOARD 477,993,096 11/12
QL RESOURCES 595,201 EMPLOYEES PROVIDENT FUND BOARD 89,714,260 11/12
SARAWAK CABLE (4,941,500) HNG CAPITAL S/B 31,356,900 12/12
SERBA DINAMIK (8,033,500) KUMPULAN WANG PERSARAAN 116,202,300 12 & 13/12
(DIPERBADANKAN)
SERBA DINAMIK 550,000 EMPLOYEES PROVIDENT FUND BOARD 97,949,500 10/12
SIME DARBY 1,369,300 EMPLOYEES PROVIDENT FUND BOARD 663,996,475 11/12
SIME DARBY 643,900 AMANAHRAYA TRUSTEE 2,656,484,500 12/12
- AMANAH SAHAM BUMIPUTERA
SIME DARBY 476,200 KUMPULAN WANG PERSARAAN 422,773,249 12 & 13/12
(DIPERBADANKAN)
SIME DARBY PROPERTY 2,000,000 AMANAHRAYA TRUSTEE 2,979,806,800 12/12
AMANAH SAHAM BUMIPUTERA Stocks closest to year high Stocks closest to year low
SUNWAY REAL ESTATE (560,000) AMANAHRAYA TRUSTEE - 164,240,000 12/12
INVESTMENT TRUST AMANAH SAHAM BUMIPUTERA STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
(RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)
TA ENTERPRISE 406,000 DATUK TIAH THEE KIAN 680,808,200 12 & 13/12
TELEKOM MALAYSIA 1,489,200 EMPLOYEES PROVIDENT FUND BOARD 606,760,577 11/12 AMLEX 0.180 0.160 0.180 31 TENAGA 13.280 12.920 12.920 3039.5
TIGER SYNERGY 500,000 DATO’ TAN WEI LIAN 112,515,275 12/12 GENTINGC61 0.085 0.085 0.085 50 MALTON 0.420 0.400 0.400 579.3
TOP GLOVE CORPORATION 4,913,700 EMPLOYEES PROVIDENT FUND BOARD 160,082,022 11/12 SPB 5.550 5.310 5.520 849.4 ASIABRN 0.355 0.355 0.355 0.2
WATTA 2,730,000 DATO DR IR MOHD ABDUL KARIM ABDULLAH 5,776,600 11/12
PETGAS 20.000 18.640 19.540 825.8 CHINHIN 0.690 0.675 0.675 278
WCT 277,100 EMPLOYEES PROVIDENT FUND BOARD 123,106,309 11/12
WESTPORTS 439,900 EMPLOYEES PROVIDENT FUND BOARD 196,625,000 11/12 WATTA 0.820 0.775 0.810 671 TENAGA-C50 0.095 0.085 0.085 2675
YINSON 1,093,000 EMPLOYEES PROVIDENT FUND BOARD 146,613,800 11/12 SP500-HG 0.725 0.720 0.725 4.1 GKENT 0.890 0.820 0.825 3168.4
While every effort is made to ensure accuracy, the information presented is not an exhaustive list and is not an official record of shareholder GENM-C45 0.105 0.105 0.105 20 CCK-WA 0.095 0.080 0.085 2087.1
filings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the official filings filed with ABFMY1 1.189 1.189 1.189 0.5 DKSH 2.220 2.150 2.150 247.1
Bursa Malaysia. Note: * denotes Ace Market
SAPNRGC74 0.055 0.055 0.055 0.4 GUNUNG-WB 0.045 0.045 0.045 19
ATURMJU 0.470 0.300 0.340 58.9 NOVA 0.385 0.345 0.345 472.5
WASEONG 0.685 0.640 0.645 639.5

Local event to watch out for today JCY

GENTINGC61
0.190
0.085
0.180
0.085
0.180
0.085
502.3
50
NESTLE-CE 0.070 0.060 0.060 0.4

• NIL This table shows stocks that are trading near their year high. This This table shows stocks that are trading near their year low. This
could suggest a build-up in buying momentum, or the possibility that could suggest a build-up in selling momentum, or the possibility that
profit-taking activities could set in later. bargain hunting could set in later.

Foreign exchange rates

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

NZ $ 0.600 0.680 0.676 0.539 0.910 0.935 0.935 0.948 2.8457 4.691 57.064 4.478 2.499 9,912 48.694 77.059 5.863 36.060 2.476 2.552 6.157 22.300 5.316
EURO 1.667 1.134 1.127 0.899 1.518 1.559 1.559 1.580 4.7452 7.823 95.154 7.467 4.166 16,529 81.198 128.495 9.776 60.130 4.129 4.255 10.267 37.186 8.865
US $ 1.470 0.882 0.993 0.792 1.338 1.374 1.374 1.393 4.1830 6.896 83.880 6.582 3.673 14,570 71.578 113.271 8.618 53.006 3.640 3.751 9.050 32.780 7.814
SWISS FR 1.480 0.887 1.007 0.798 1.347 1.384 1.384 1.403 4.2112 6.943 84.446 6.627 3.698 14,669 72.060 114.035 8.676 53.363 3.665 3.776 9.111 33.001 7.867
STERLING £ 1.855 1.112 1.262 1.254 1.689 1.734 1.734 1.758 5.2789 8.703 105.856 8.307 4.635 18,388 90.330 142.947 10.875 66.893 4.594 4.734 11.421 41.368 9.862
CANADA $ 1.098 0.659 0.747 0.742 0.592 1.027 1.027 1.041 3.1258 5.153 62.680 4.919 2.745 10,888 53.487 84.644 6.440 39.609 2.720 2.803 6.763 24.495 5.839
BRUNEI $ 1.070 0.641 0.728 0.723 0.577 0.974 1.000 1.014 3.0437 5.018 61.034 4.790 2.672 10,602 52.082 82.420 6.270 38.569 2.649 2.729 6.585 23.852 5.686
SINGAPORE $ 1.070 0.641 0.728 0.723 0.577 0.974 1.000 1.014 3.0437 5.018 61.034 4.790 2.672 10,602 52.082 82.420 6.270 38.569 2.649 2.729 6.585 23.852 5.686
AUSTRALIA $ 1.055 0.633 0.718 0.713 0.569 0.961 0.986 0.986 3.0026 4.950 60.210 4.725 2.636 10,459 51.379 81.307 6.186 38.048 2.613 2.693 6.496 23.530 5.609
MALAYSIA RM 0.351 0.211 0.239 0.237 0.189 0.320 0.329 0.329 0.333 1.0000 1.649 20.053 1.574 0.878 3,483 17.112 27.079 2.060 12.672 0.870 0.897 2.164 7.836 1.868
100 CHINESE RMB 21.315 12.783 14.501 14.404 11.490 19.405 19.929 19.929 20.201 60.6570 1,216 95.449 53.259 211,282 1,037.936 1,643 124.963 768.627 52.783 54.393 131.235 475.339 113.317
100 BANGLAD’H TAKA 1.752 1.051 1.192 1.184 0.945 1.595 1.638 1.638 1.661 4.9869 8.221 7.847 4.379 17,370 85.333 135.040 10.274 63.192 4.340 4.472 10.789 39.080 9.316
100 DANISH KRONER 22.332 13.392 15.192 15.090 12.038 20.330 20.879 20.879 21.165 63.5490 104.77 1,274 55.798 221,356 1,087.42 1,721 130.92 805.27 55.30 56.99 137.49 498.00 118.72
100 UAE DIRHAM 40.022 24.001 27.227 27.045 21.575 36.436 37.419 37.419 37.931 113.8913 187.76 2,284 179.22 396,709 1,949 3,084 234.63 1,443 99.11 102.13 246.41 892.51 212.77
1000 INA RUPIAH 0.010 0.006 0.007 0.007 0.005 0.009 0.009 0.009 0.010 0.0287 0.047 0.576 0.045 0.025 0.491 0.777 0.059 0.364 0.025 0.026 0.062 0.225 0.054
100 INDIA RUPEE 2.054 1.232 1.397 1.388 1.107 1.870 1.920 1.920 1.946 5.8440 9.635 117.187 9.196 5.131 20,356 158.250 12.040 74.053 5.085 5.240 12.644 45.797 10.918
100 JAPAN YEN 1.298 0.778 0.883 0.877 0.700 1.181 1.213 1.213 1.230 3.6929 6.088 74.052 5.811 3.242 12,863 63.191 7.608 46.795 3.214 3.312 7.990 28.939 6.899
100 NORWEGIAN KRONER 17.057 10.229 11.604 11.526 9.195 15.529 15.948 15.948 16.166 48.5400 80.024 973 76.382 42.620 169,076 830.595 1,314 615.084 42.239 43.527 105.019 380.384 90.680
100 PHILIPPINE PESO 2.773 1.663 1.887 1.874 1.495 2.525 2.593 2.593 2.628 7.8916 13.010 158.247 12.418 6.929 27,488 135.038 213.697 16.258 6.867 7.077 17.074 61.843 14.743
100 QATAR RIYAL 40.383 24.218 27.473 27.289 21.769 36.764 37.756 37.756 38.273 114.9176 189.455 2,304 180.833 100.901 400,284 1,966 3,112 236.748 1,456 103.049 248.632 900.552 214.684
100 SAUDI RIYAL 39.188 23.501 26.660 26.481 21.125 35.676 36.639 36.639 37.140 111.5169 183.848 2,236 175.482 97.915 388,439 1,908 3,020 229.742 1,413 97.041 241.274 873.902 208.331
100 SWEDISH KRONOR 16.242 9.740 11.049 10.975 8.756 14.787 15.185 15.185 15.393 46.2200 76.199 926.831 72.731 40.583 160,995 790.897 1,252 95.220 585.686 40.220 41.447 362.203 86.346
100 THAI BAHT 4.484 2.689 3.051 3.030 2.417 4.082 4.193 4.193 4.250 12.7608 21.038 255.887 20.080 11.204 44,449 218.357 345.550 26.289 161.701 11.104 11.443 27.609 23.839
100 HK$ 18.810 11.281 12.797 12.711 10.140 17.125 17.587 17.587 17.827 53.5287 88.248 1,073.390 84.232 47.000 186,453 915.960 1,450 110.278 678.300 46.580 48.001 115.813 419.478
Note: Run your finger down the left-hand side until you reach the country of origin you plan to exchange. Then move your finger until that line intersects with the vertical column of the currency you wish to buy. The figure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
TUES DAY DEC E MB E R 1 8 , 20 1 8 • T HE ED G E FINA NCIA L DA ILY
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES

Index futures Money market

Long Rolls - KLCI futures US Dollar Klibor
FKLI
Index points Open Interest Index points USD Index Implied interest rate (%)
105.0
18.00
1980 1,647.00 90000 1.00 4.5
(-11.00) (+0.50) 3.78
(Unch)
1785 4.75 96.5
68000
3.5

1590 46000 -8.50 88.0

97.184
(-0.259) 2.5
1395 24000 -21.75 79.5

1200 2000 -35.00 71.0 1.5

Jan 4, 2010 Dec 17, 2018 Jan 4, 2010 Dec 17, 2018 Oct 2, 2006 Dec 17, 2018 Oct 1, 2000 Dec 17, 2018

KLCI futures contracts end FBM KLCI futures US dollar near 18-month Klibor
lower weaker cash market INDEX AND FUTURES
CONTRACT LAST CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
high on safe-haven buying MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures contracts on Bursa FBMKLCI 1,641.62 -20.34 102M The US dollar held near a 18-month high DEC8 96.27 — — —
MAR9 96.22 — — —
Malaysia Derivatives closed lower yesterday DEC 18 1,647.00 -11.00 7,545 28,410 82 yesterday, bolstered by safe-haven buying as JUN9 96.22 — — —
in line with the weaker underlying cash JAN 19 1,647.50 -11.00 460 1,062 17
heightened concerns of a global economic SEP9 96.22 — — —
MAR 19 1,642.50 -11.00 85 497 -4
market. JUN 19 1,636.00 -10.50 72 200 UNCH
slowdown reduced appetites for riskier assets DEC9 96.22 — — —
Spot months December 2018, January TOTAL such as stocks and Asian currencies. MAR0 96.22 — — —
8,162 30,169 95
JUN0 96.22 — — —
2019 and March 2019 lost 11 points each Weaker-than-expected economic data from SEP0 96.22 — — —
to 1,647, 1,647.5 and 1,642.5 respectively, FUTURES
DEC/JAN
ROLL OVER BID
1.5
OFFER
0.5
CLOSE
1.0
China and Europe and fears of a possible US DEC0 96.22 — — —
while June 2019 was 10.5 points weaker at government shutdown spooked investors away MAR1 96.22 — — —
1,636. FUTURES FAIR VALUE from stocks towards the greenback and yen. JUN1 96.22 — — —
SEP1 96.22 — — —
Turnover increased to 8,162 lots from CONTRACT
DEC 18
DAYS TO EXPIRY
15
KLIBOR DIVIDEND FAIR VALUE
2.19 1.75 0.44
The US dollar index, which gauges its DEC1 96.22 — — —
6,252 lots last Friday and open interest JAN 19 46 7.03 1.91 5.12 value versus six major peers, was little MAR2 96.22 — — —
widened to 30,169 contracts from 27,377 ROLL’S FAIR 4.68 changed at 97.184, below the near 18-month JUN2 96.22 — — —
contracts. high of 97.71 it hit last Friday. SEP2 96.22 — — —
DEC2 96.22 — — —
The underlying benchmark KLCI ended Apart from fears of a global economic
MAR3 96.22 — — —
20.34 points lower at 1,641.62. slowdown, markets are also focussing on JUN3 96.22 — — —
Most Southeast Asian stock markets the likely trajectory of US monetary policy. SEP3 96.22 — — —
ended lower yesterday, as investors The US Federal Reserve is set to raise DEC-99 — — — —
remained cautious after the region’s biggest economic data last Friday, while dismal interest rates by 25 basis points at its two- DEC-99 — — — —
TOTAL 0 0
trading partner China posted disappointing regional data added to woes. — Agencies day meeting that opens today. — Reuters

Commodities CPO prices react to various factors including soyoil prices, weather conditions and stockpiles. Open interest shows either increasing or decreasing market participation.

CPO & Open Interest CPO vs Soyoil Crude Oil

Gold
US$/troy oz
CPO RM/tonne Open Interest CPO RM/tonne Soyoil US$/Ibs US$/bbl
1980
4200 200000 6400 0.700 155.00

3450 2,122 152500 5075 0.2904 0.525 121.25

1660 1,239.60
(RM2,675/tonne) (+1.70)
(-16)
51.77
(+0.57) 1340
2700 105000 3750 0.350 87.50

1950 53.75 1020

57500 2425 0.175
2,122
1200 (-16) 700
10000 20.00
1100 0.000
Jan 6, 2008 Dec 17, 2018 Apr 10, 2007 Dec 17, 2018 Aug 31, 2008 Dec 17, 2018
Jan 6, 2008 Dec 17, 2018

Palm oil prices down over CPO futures Oil rallies but oversupply, Commodities

1% on soyoil weakness CONTRACT

JAN-19
LAST
1,959
CHANGE
-15
VOLUME
866
OPEN CHANGE IN
INTEREST OPEN INTEREST
12,288 -521
economic growth weigh AGRICULTURE
CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
2,122 -16
RUBBER SEN/KG MRB 521.50 7.00
FEB-19 2,061 -7 13,332 55,653 -2,828
Malaysian palm oil futures fell over 1% Oil prices rose yesterday after a key Middle CORN USC/BSH CBOT 384.75 0.50
MAR-19 2,122 -16 19,472 69,367 795
SOYBEANS USC/BSH CBOT 903.50 3.00
yesterday before paring some losses, APR-19 2,178 -21 7,576 49,442 586 East oil minister suggested the market
WHEAT USC/BSH CBOT 535.75 5.75
asweakness in overnight soyoil on the US MAY-19 2,208 -15 3,727 34,859 -51 was rebalancing, but investor sentiment LIVE CATTLE USC/IBS CME 122.40 -0.45
Chicago Board of Trade (CBoT) and data CPO FUTURES CPO/SOYOIL remained under pressure from oversupply COCOA US$/TON NYBOT 2,252 7
showing declining exports weighed on INDICATIVE ROLL-OVER CURRENT FUTURES BASIS (USD) and concern over the prospects for global COFFEE USC/IBS NYBOT 102.65 0.40
JAN/FEB -102 -74.29
sentiment. JAN/MAR -163 3 MONTHS AVERAGE -72.71
economic growth and fuel demand. SUGAR USC/IBS NYBOT 12.77 0.02
The benchmark palm oil contract JAN/APR Brent crude oil futures were up 75 US COTTON USC/IBS NYC 81.36 0.02
-219 6 MONTHS AVERAGE -85.37
for March delivery on Bursa Malaysia FEB/MAR -61 cents or 1.5% at US$61.03 per barrel. METAL & PRECIOUS METALS
TIN US$/TON KLTM 19,370 70
Derivatives was down RM16 or 0.8% to SGS & ITS EXPORT ESTIMATES (TONNES) US West Texas Intermediate crude futures COPPER USC/IBS CMX 2.7480 -0.0135
RM2,122 a tonne at the close of trade, in SHIPMENT DAYS OCT’18 NOV’18 DEC’18 were 57 US cents higher at US$51.77. GOLD US$/TROY OZ CMX 1,239.60 1.70
its first day of trade. 1 - 10TH DAYS 352/308 352/307 NA/299 “Oil prices are regaining some ground PLATINUM US$/TROY OZ NYMEX 786.00 0.70
“The market likely fell tracking CBoT 1 - 15TH DAYS 552/539 552/549 600/524
on the back of bullish rhetoric from Opec PALLADIUM US$/TROY OZ NYMEX 1,184.90 13.30
as it extended Friday’s losses, along with 11 -- 20TH DAYS
25TH DAYS
912/891
1,085/1,096
823/793
1,074/1,040
—/—
—/—
officials,” said Stephen Brennock, analyst SILVER USC/TROY OZ CMX 14.58 0.03
weaker oils on China’s Dalian Commodity FULL MONTH at London brokerage PVM Oil. ALUMINIUM RMB/TON SHF 13,985 40
1,428/1,394 1,241/1,250 —/—
ZINC RMB/TON SHF 21,000 130
Exchange,” said a Kuala Lumpur-based MALAYSIAN PALM OIL BOARD Both benchmarks fell more than 25%
trader, adding that palm oil export data AUG’18 SEP’18 OCT’18 NOV’18 through October and November as a supply ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 51.77 0.57
released by cargo surveyors recently also PRODUCTION 1,622 1,854 1,965 1,845 glut inflated global inventories but have HEATING OIL USC/GAL NYMEX 1.8565 0.0173
EXPORT 1,100 1,619 1,571 1,375
weighed on the market. STOCKS 2,489 2,541 2,722 3,007
stabilised over the last three weeks, trading NATURAL GAS US$/MMBTU NYMEX 3.605 -0.148
Malaysian palm oil exports fell up to within fairly narrow ranges as oil producers BRENT CRUDE US$/BBL ICE 61.03 0.75
MPOB palm oil physical
4.7% in the first half of December versus have promised to cut production. — Reuters GAS OIL US$/TON ICE 559.25 3.00
the corresponding period of last month, (IN RM/TON) DEC’18 JAN’18 FEB’19

according to data from inspection company CPO DELD

PK EX-MILL
1,788.00 1,930.00 NO TRADE
1,412.00 NO TRADE NO TRADE
Centrifuged Latex Rubber - M’sia SMR 20
AmSpec Agri Malaysia and cargo surveyor CPKO DELD NO TRADE NO TRADE NO TRADE Sen/Kg
Sen/Kg
Intertek Testing Services on Saturday. RBD P.OIL FOB NO TRADE NO TRADE NO TRADE 1100 1900
Another cargo surveyor, Societe Generale RBD P.OLEIN FOB NO TRADE NO TRADE NO TRADE
de Surveillance, however reported yesterday RBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE 900 380.50 1475 521.50
(+4.00)
a 7.5% gain in shipments for the same MPOB FFB REF PRICE (MILL GATE PRICE) (+7.00)

period. REGION GRADE A GRADE B GRADE C 700 1050

OER (RM/TON) OER(RM/TON) OER (RM/TON)
“Exports for the full month of December NORTH 20.00% 365 19.00% 348 18.00% 331
could be up due to China’s Lunar New Year SOUTH 20.00% 372 19.00% 355 18.00% 337
500 625
demand, but I’m not sure whether China CENTRAL 20.00% 368 19.00% 351 18.00% 333
will buy more crude palm oil because of EAST COAST 20.00% 365 19.00% 348 18.00% 331 300 200

cold weather,” added the trader. — Reuters SABAH

SARAWAK
22.00% 352
22.00% 357
21.00% 337
21.00% 341
20.00% 321
20.00% 325
Jan 7, 2007 Dec 17, 2018 Jan 7, 2007 Dec 17, 2018
 Markets
32 T UESDAY DEC EM B ER 1 8, 2 0 1 8 • TH EEDGE F I N AN C I AL DAI LY

F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S . B U R SA M A L AY S I A E Q U I T Y D E R I VAT I V E S PA G E 2 9
RESEARCH: TAI TS [tai@bizedge.com] M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 2 5

KLCI 1,641.62 20.34 FBM ACE 4,262.87 127.24 FTSTI 3,114.25 37.16 NIKKEI 21,506.88 132.05 HANG SENG 26,087.98 6.81 DOW JONES 24,100.51 496.87

It is a profitable thing, if one is wise, Market movers

to seem foolish. — Aeschylus
Daily top 20 active stocks
UNUSUAL MARKET ACTIVITIES TURNOVER CHANGE CHANGE PRICE PE DIVIDEND
FBM KLCI & KLCI futures intraday (‘000) (RM) (%) (RM) RATIO YIELD (%)
STOCK VOLUME CHANGE CHANGE CLOSE HIGH LOW ARMADA 58,304.0 -0.015 -8.57 0.160 — 1.07
('000) (%) (RM) (RM) (RM) (RM) SAPNRG 50,691.7 -0.010 -3.03 0.320 — 2.44
Index point
1667.0 KNM 41,572 -15.79 -0.015 0.080 0.100 0.080 PWORTH 46,844.7 0.005 9.09 0.060 0.09 0.00
1664.2 KLCI futures HSI-C3W 38,365 -1.89 -0.005 0.260 0.285 0.255 KNM 41,572.3 -0.015 -15.79 0.080 — 0.00
1661.4 HSI-H4O 30,400 -7.46 -0.025 0.310 0.335 0.290 MYEG 38,532.6 -0.035 -3.85 0.875 43.33 1.87
HSI-C3X 27,022 1.00 0.005 0.505 0.535 0.495 HSI-C3W 38,364.5 -0.005 -1.89 0.260 — 0.00
1658.6 1,647.00
1655.8 (-11.00) VS 21,551 -29.91 -0.350 0.820 0.830 0.820 HSI-H4O 30,400.0 0.010 3.33 0.310 — 0.00
KL Composite Index HSI-H4W 17,555 -6.94 -0.025 0.335 0.355 0.320 HUBLINE 29,810.5 UNCH UNCH 0.040 9.52 0.00
1653.0
FRONTKN 16,639 -13.61 -0.100 0.635 0.730 0.625 PRESBHD 28,360.8 0.025 9.43 0.290 26.24 6.42
1650.2
HIBISCS-WC 13,318 -10.99 -0.050 0.405 0.450 0.390 PERMAJU 27,277.3 -0.005 -1.41 0.350 — 0.00
1647.4 HSI-C3T 12,632 0.00 0.000 0.120 0.130 0.110 HSI-C3X 27,022.0 -0.010 -1.94 0.505 — 0.00
1644.6 MQTECH 11,740 0.00 0.000 0.035 0.035 0.025
1,641.62 SANICHI 26,876.6 UNCH UNCH 0.080 — 0.00
1641.8 HSI-C3V 9,579 -3.85 -0.005 0.125 0.135 0.120 JAKS 26,266.0 -0.020 -4.55 0.420 1.67 0.00
(-20.34)
1639.0 HIAPTEK 9,060 -8.47 -0.025 0.270 0.280 0.260 HIBISCS 23,775.8 -0.030 -2.91 1.000 5.57 0.00
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15
SCBUILD 8,338 0.00 0.000 0.015 0.015 0.015 VS 21,550.5 -0.350 -29.91 0.820 12.73 3.33
ANZO-WC 7,567 -50.00 -0.005 0.005 0.005 0.005 FGV 19,374.4 0.025 3.94 0.660 — 8.27
Daily FBM KLCI CME 7,494 0.00 0.000 0.035 0.035 0.035 TIGER 17,903.1 UNCH UNCH 0.080 — 0.00
JAG 7,019 -11.11 -0.005 0.040 0.045 0.035 FRONTKN 16,639.1 -0.100 -13.61 0.635 17.75 0.95
KL Composite Index Moving average - 20-day DNEX 16,486.1 0.010 4.65 0.225 7.57 2.33
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
2030.0 traded for a particular counter on the previous trading day is more than triple the average volume for the HSI-H4W 17,555.0 UNCH UNCH 0.335 — 0.00
1,641.62 last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
(-20.34)
market expectations for these counters. Top gainers and losers (ranked by RM)
1727.5
UP CHANGE
DOWN
KLCI plunges 1.2%
CHANGE
CLOSE (RM)
1,682.65 CLOSE (RM)
1425.0
PETGAS 19.540 0.600 F&N 30.500 -2.700

1122.5
to intraday low AYER
BLDPLNT
5.010
7.000
0.410
0.270
BAT
NESTLE
34.700
144.500
-1.320
-0.600
SPB 5.520 0.190 PBBANK 24.220 -0.520
KUALA LUMPUR: The FBM KLCI fell 20.34 points or 1.22% HEIM 20.500 0.140 VS 0.820 -0.350
820.0 yesterday with the broader market across Bursa Malaysia TOCEAN 0.665 0.125 TENAGA 12.920 -0.340
Jan 2, 2008 Dec 17, 2018 amid global economic growth concerns. UCHITEC 2.600 0.110 AEONCR 14.900 -0.300
Analysts said the KLCI showed oversold technical PANAMY 38.000 0.100 VITROX 6.240 -0.280
900
indicators and weak buying momentum after US equities SHANG 5.710 0.090 GENP 9.550 -0.230
AMWAY 6.490 0.090 DUFU 1.970 -0.230
closed lower last Friday.
600 PENSONI 0.540 0.090 HLFG 18.980 -0.220
At Bursa, the KLCI closed at 1,641.62 after a sharp drop LCTITAN 4.540 0.080 RHBBANK 5.160 -0.210
300 in the final trading minutes. At a glance, the KLCI ended at
its intraday low after the share prices of KLCI-linked Public Top gainers and losers (ranked by percentage)
0
Bank Bhd and Tenaga Nasional Bhd fell sharply during the

 
Volume (’mil)
final trading minutes. UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
“The KLCI started the week on a weaker note mainly due
FBM KLCI futures to the sell off from the US market,” Malacca Securities Sdn GENTINGC51 0.015 200.00 VS-C5 0.010 -90.48

CONTRACT SETTLEMENT CHANGE HIGH LOW

Bhd senior analyst Kenneth Leong told theedgemarkets.com. VIVOCOM-WE 0.010 100.00 DIALOG-C31 0.005 -75.00
MRCB-C32 0.015 50.00 VS-C6 0.005 -66.67
DEC 18 1,647.00 -11.00 1,664.50 1,643.50 TA Securities Holdings Bhd wrote in a note on the KLCI ASIABRN-OR 0.015 50.00 SAPNRGC74 0.055 -63.33
JAN 19 1,647.50 -11.00 1,664.00 1,645.00 yesterday: “Failure of last week’s relief rebound to reverse TEKSENG-WA 0.100 42.86 F&N-CC 0.025 -58.33
MAR 19 1,642.50 -11.00 1,659.50 1,640.50
extreme bearish market conditions does not bode well for DOLPHIN-WA 0.020 33.33 VS-C4 0.020 -55.56
the sustainability of any technical rebound attempts in the PADINI-CW 0.020 33.33 NEXGRAM-WC 0.005 -50.00
FBM KLCI sensitivity* immediate term.” TANCO-WB 0.025 25.00 HSI-C3N 0.005 -50.00

KLCI CHANGE CLOSE VOLUME “Note also that despite excessively oversold technical PCHEM-C24 0.025 25.00 E&O-WB 0.005 -50.00
POINTS (RM) (RM) ('000) TOCEAN 0.665 23.15 ANZO-WC 0.005 -50.00
PETRONAS GAS 1.85 0.600 19.540 825.8
conditions, bearish momentum prevailed due to the current MTRONIC 0.030 20.00 DRBHCOMC67 0.030 -45.45
PETRONAS CHEMICALS 0.75 0.060 9.180 3927.0 weak buying momentum, as most investors preferred to PENSONI 0.540 20.00 VITROX-CM 0.050 -44.44
HAP SENG CONSOLIDATED -0.19 -0.050 9.830 97.1 be sidelined given the multiple external uncertainties. Key
NESTLE (M) -0.22 -0.600 144.500 33.1 factors to watch are cues from global growth conditions, US- Top gainers and losers - warrants (ranked by percentage)
PRESS METAL -0.25 -0.040 4.750 476.0 China trade talks and the final meeting of the year by the US
HONG LEONG FINANCIAL -0.39 -0.220 18.980 340.9 UP CHANGE DOWN CHANGE
DIALOG GROUP -0.62 -0.070 3.050 5550.5
central bank to decide on monetary policy.” — by Justin Lim CLOSE (%) CLOSE (%)
IHH HEALTHCARE -0.68 -0.050 5.350 1110.3 GENTINGC51 0.015 200.00 VS-C5 0.010 -90.48
IOI CORPORATION -0.98 -0.100 4.180 1481.4
World equity indices VIVOCOM-WE 0.010 100.00 DIALOG-C31 0.005 -75.00
MAYBANK -1.21 -0.070 9.300 4953.9 MRCB-C32 0.015 50.00 VS-C6 0.005 -66.67
AXIATA GROUP -1.27 -0.090 3.770 1005.1 CLOSE CHANGE CLOSE CHANGE ASIABRN-OR 0.015 50.00 SAPNRGC74 0.055 -63.33
RHB BANK -1.31 -0.210 5.160 1319.9
DOW JONES 24,100.51 -496.87 INDONESIA 6,089.31 -80.54 TEKSENG-WA 0.100 42.86 F&N-CC 0.025 -58.33
SIME DARBY PLANTATION -1.38 -0.130 4.300 1556.8
S&P 500 2,599.95 -50.59 JAPAN 21,506.88 132.05 DOLPHIN-WA 0.020 33.33 VS-C4 0.020 -55.56
DIGI.COM -1.94 -0.160 4.190 1602.1
NASDAQ 100 6,594.96 -173.01 KOREA 2,071.09 1.71 PADINI-CW 0.020 33.33 NEXGRAM-WC 0.005 -50.00
TENAGA NASIONAL -3.01 -0.340 12.920 3039.5
FTSE 100 6,845.17 -32.33 PHILIPPINES 7,520.40 -3.97 TANCO-WB 0.025 25.00 HSI-C3N 0.005 -50.00
PUBLIC BANK -3.15 -0.520 24.220 3246.8
AUSTRALIA 5,658.30 56.30 SINGAPORE 3,114.25 37.16 PCHEM-C24 0.025 25.00 E&O-WB 0.005 -50.00
SUB-TOTAL -14.00
CHINA 2,597.97 4.23 TAIWAN 9,787.53 13.37 ASIAPLY-WB 0.030 20.00 ANZO-WC 0.005 -50.00
OTHERS -6.34
HONG KONG 26,087.98 -6.81 THAILAND 1,601.48 -7.97 FINTEC-PA 0.030 20.00 DRBHCOMC67 0.030 -45.45
GRAND TOTAL -20.34
INDIA 36,270.07 307.14 VIETNAM 933.65 -18.39 MAXIS-C7 0.030 20.00 VITROX-CM 0.050 -44.44
* How stock price changes affected the index on the previous trading day

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