FBM KLCI 1774.53 2.63 KLCI FUTURES 1775.00 6.00 STI 3326.52 16.40 RM/USD 4.2770 CPO RM2606.

USD 4.2770 CPO RM2606.00 2.00 OIL US$52.42 0.41 GOLD US$1260.20 10.00
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50

MONDAY AUGUST 7, 2017 ISSUE 2466/2017

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS Media Primas Primeworks sells
content to Netflix 4 H O M E B U S I N E S S
6 HOME BUSINESS

Refiners on a
high as oil prices
stabilise BETTER
8 HOME BUSINESS

Will Chinas CORPORATE

THEY
deleveraging hit
Malaysia?
EARNINGS But
B ut can
can the
ccompanies
ompanies 2
the
2QQ

N L
10 H O M E B U S I N E S S
profi
p rofifitts
ts k
keep
eep p pace
ace
Bright prospects
SEEN IN 2Q m with
w ith the
the stock
stock O r tal

er
talent needed
y.
sector, but more

t o
for medical device

c markets
m arketsprally?
Billy
B illy Toh
Toh has
hasythe
y
rraollpye?rt ed
tohuene
p o

ePro
15 H O M E

g p sstory
tory on on Page 5.

TheEd
Najib: Rise with
the nation for
SEA Games
16 H O M E . D ATA
. A N A LY T ICS

I N G S
Southern region H E S . LIST
AUNC
blueprint to drive W S . N E W L
Peraks economyN E
2 2 2 3 L I VE I T !

Five new watches

under US$6,000

Steel manufacturers to challenge

safeguard duty in court sources 4 HOME BUSINESS

The Hour Glass :

Ulysse Nardin Boutique - Starhill Gallery - Kuala Lumpur T. (+603) 2148 0388;
The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2287 7830;
Pavillon - Kuala Lumpur T. (603) 2148 8930; LOT 10 S.C. - Kuala Lumpur T. (603) 2144 1620;
Watches of Switzerland :
ANNUAL CALENDAR The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2201 6811
 FBM KLCI 1774.53 2.63 KLCI FUTURES 1775.00 6.00 STI 3326.52 16.40 RM/USD 4.2770 CPO RM2606.00 2.00 OIL US$52.42 0.41 GOLD US$1260.20 10.00
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.50

MONDAY AUGUST 7, 2017 ISSUE 2466/2017

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS Media Primas Primeworks sells
content to Netflix 4 H O M E B U S I N E S S
6 HOME BUSINESS

Refiners on a
high as oil prices
stabilise BETTER
8 HOME BUSINESS

Will Chinas
deleveraging hit
CORPORATE
Malaysia?
10 H O M E B U S I N E S S
EARNINGS But can the
companies 2Q
profits keep pace
Bright prospects
for medical device
sector, but more
SEEN IN 2Q with the stock
markets rally?
Billy Toh has the
talent needed
15 H O M E
story on Page 5.
Najib: Rise with
the nation for
SEA Games
16 H O M E

Southern region
blueprint to drive
Peraks economy
2 2 2 3 L I VE I T !

Five new watches

under US$6,000

Steel manufacturers to challenge

safeguard duty in court sources 4 HOME BUSINESS

The Hour Glass :

Ulysse Nardin Boutique - Starhill Gallery - Kuala Lumpur T. (+603) 2148 0388;
The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2287 7830;
Pavillon - Kuala Lumpur T. (603) 2148 8930; LOT 10 S.C. - Kuala Lumpur T. (603) 2144 1620;
Watches of Switzerland :
ANNUAL CALENDAR The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2201 6811
2 M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY

For breaking news updates go to

www.theedgemarkets.com

ON EDGE T V Najib: I have full confidence in Ahmad Zahid IN BRIEF

www.theedgemarkets.com
SHAH ALAM: Prime Minister Datuk
Seri Najib Razak yesterday stated that
attempts by a former leader to drive
a wedge between him and Deputy
Prime Minister Datuk Seri Dr Ahmad
Zahid Hamidi would not work as he
has full confidence in his deputy.
They have been through both the
good and bad times since 1986, said
Najib, referring to the time he was
culture, youth and sports minister
before Ahmad Zahid joined him as
his political secretary.
Besides that, Najib, who is also
Umno president, said he once
helped Ahmad Zahid defend his
Najib: The Umno leadership is strong, Umno Youth head post for the Ba-
trust me. Photo by Bernama gan Datoh Umno division .
That is why I want to say to you
The Edge Communications Sdn Bhd
(266980-X)
Level 3, Menara KLK, No 1 Jalan PJU 7/6,
that the Umno leadership is strong,
trust me. I have full confidence in
my deputy. No need to dwell on
this (whether he has confidence in
Ahmad Zahid). There are more im-
portant things to do, he said when
opening Shah Alam Umno divisions
delegates conference here yesterday.
Former prime minister Tun Dr
Mahathir Mohamad last week stat-
ed that about two years ago Ahmad
Zahid came to see him about top-
pling Najib.
Ahmad Zahid, who is also Umno
vice president but carrying out the
duties of deputy president, denied
this and instead said Mahathir was
the one behind the plot and that he
has evidence to the effect. Bernama
DOSH targets 20,000
TVET trainees by 2020
JOHOR BARU: The department
of occupational safety and health
(DOSH) targets 20,000 trainees
in the Technical and Vocation-
al Education Training (TVET)
field will be exposed to basic
Occupational Safety and Health
(OSH) issues by 2020. As such,
DOSH director-general Datuk
Mohtar Musri said the OSH@
TVET programme was organised
with the aim to expose the train-
ees to workplace accidents and
risks before they actually entered
into employment as underlined
in the Occupational Safety and
Health Master Plan 2020. So far,
over 4,000 TVET trainees have
received the exposure through
the OSH@TVET programme
organised at several Institute

Asean overcomes
Mutiara Damansara, 47810 Petaling Jaya,
Selangor, Malaysia
of Industrial Training centres
in Johor, Kedah and Perak, he
told reporters here yesterday.
Publisher and Group CEO Ho Kay Tat Bernama

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BUSINESS DEVELOPMENT
Senior Manager Elizabeth Lay
statement impasse
Group urges non-militarisation in South China Sea
MANILA: Southeast Asian foreign
ministers ended an impasse yes-
terday over how to address dis-
putes with China over the South
China Sea, issuing a communique
that called for militarisation to be
avoided and noting concern about
island-building.
The South China Sea has long
been the most divisive issue for
the Association of South East Asian
Nations (Asean), with Chinas in-
fluence looming large over its ac-
tivities. Some countries are wary
about the possible repercussions of
defying Beijing by taking a strong-
er stand.
See related story on Page 15
Asean failed to issue the custom-
ary statement on Saturday, over what
diplomats said was disagreement
about whether to make oblique ref-
erences to Chinas rapid expansion
Robust retail bank helps RBS prot from atonement
BY CHRISTOP HER THO M P S O N
LONDON: The Bible admonishes
the unfairly smitten to turn the other
cheek in order to reach paradise. Roy-
al Bank of Scotland (RBS) sharehold-
ers, who have borne repeated slaps
in the face in the form of heavy and
recurring losses since the financial
crisis, are no strangers to pain in pur-
suit of salvation. Last Friday there was
evidence that deliverance, in the form
of dividends, may be nearer at hand.
Investing in the state-controlled
lender has been a triumph of hope
over bitter experience. RBS shares
have underperformed the Euro Stoxx
banks index by 27% over the past five
years. But second-quarter earnings of
838 million (RM4.7 billion) which
helped the bank register its first half-
After extensive
discussions, concerns
were voiced by some
members about land
reclamation.
of its defence capabilities on artifi-
cial islands in disputed waters.
China is sensitive to even a
veiled reference by Asean to its sev-
en reclaimed reefs, three of which
have runways, missile batteries,
radars and, according to some ex-
perts, the capability to accommo-
date fighter jets.
The communique late yesterday
took a stronger position than an
earlier, unpublished draft, which
was a watered-down version of one
issued last year in Laos.
The agreed text emphasised the
year net profit since 2014 gave a
better glimpse of the double-digit
return on equity RBSs core business
generates once it is no longer bur-
dened by exceptional costs.
First-half penalties fell to 396
million less than a third of the
amount that RBS shelled out in the
same period last year. Last months
3.6 billion payment to American
regulators leaves it with just one big
US settlement. Granted, that fine is
expected to exceed RBSs 3 billion in
provisions, making it likely the bank
will once again report a full-year loss.
But from next year, a greater pro-
portion of earnings should accrue
to shareholders rather than being
snaffled by regulators.
There are further obstacles to RBS
paying a dividend for the first time
importance of non-militarisation
and self-restraint.
It said that after extensive discus-
sions, concerns were voiced by some
members about land reclamation
and activities in the area which
have eroded trust and confidence,
increased tension and may under-
mine peace, security and stability.
Aseans deadlock over the state-
ment highlights Chinas growing
influence on the grouping at a time
of uncertainty over the new US ad-
ministrations security priorities and
whether it will try to keep Chinas
maritime activities in check.
Several Asean diplomats said that
among the members who pushed
for a communique that retained the
more contentious elements was Vi-
etnam, which has competing claims
with China over the Paracel and
Spratly archipelago and has had
several spats with Beijing over en-
ergy concessions. Reuters
since 2008. The bank needs Europe-
an authorities to sign off on a revised
plan to restructure mid-sized lender
Williams & Glyn. It also needs to pass
the Bank of Englands stress tests.
And then there is the subdued UK
economy on which RBS increasing-
ly depends. That said, the lenders
14.8% core Tier 1 capital ratio is 180
basis points above its target, giving it
a generous buffer to cushion any rise
in bad debts. A plan to reduce costs
by a further 1.5 billion by 2020 pro-
vides extra comfort.
At nearly 0.9 times tangible book
value, RBS shares trade at a discount
to healthier rival Lloyds. As the pros-
pect of dividends draws nearer, in-
vestors will no longer require mere
faith to believe that valuation gap will
close. Reuters
Angkasa lauds proposed
handing over of KR1M
KENINGAU: Angkatan Koper-
asi Kebangsaan Malaysia Bhd
(Angkasa) lauds the proposal
to hand over the management
of the 1Malaysia Peoples Shops
(KR1M) 2.0 to the cooperative
movement in the country. Ang-
kasa president Datuk Abdul Fa-
tah Abdullah said the proposal,
if realised, was a recognition of
the role of cooperatives in the
effort to reduce the peoples
costs of living. He said Angkasa
would study numerous aspects
on the handling of KR1M to en-
sure the management of these
shops would be as aspired if
the proposal materialised.
Bernama
BNM carnival ends with
impactful results
KOTA KINABALU: The Sabah Fi-
nancial Carnival 2017, organised
by Bank Negara Malaysia (BNM),
ended successfully yesterday
with more than 1,000 bank ac-
counts opened and recording
400 applications for financing
totalling RM30 million. In addi-
tion, the insurance and takaful
industry received 130 proposals
which amounted to RM850,000
from businesses and individuals.
This, according to BNM dep-
uty governor, Abdul Rasheed
Ghaffour, had proven that the
carnival was able to achieve an
impactful result from the Sabah
community. Bernama
Govt allocates RM2.3b to
Miti for SME development
KAMPUNG GAJAH: The govern-
ment has allocated RM2.3 billion
to the ministry of international
trade and industry (Miti) to im-
plement 57 small and medium
enterprise (SME) development
programmes throughout this
year. Deputy Minister Datuk
Ahmad Maslan said this would
benefit 5,936 SMEs via various
development programmes in-
cluding giving incentives and
product financing. Miti will
continue its commitment to de-
velop SME entrepreneurs and
help them to increase capacity
and product quality. Bernama
4 HOME BUSINESS
Media Primas
Primeworks sells
content to Netflix
It aims for international sales to make up 20% of revenue by 2020
BY JOYC E GOH
PETALING JAYA: Media Prima
Bhds Primeworks Studios Sdn
Bhd has found a new channel to
promote its locally-produced con-
tent to an international audience.
Primeworks recently start-
ed supplying content to global
streaming network Netflix that
will be aired on the latters plat-
form soon, according to sources.
Primeworks is the content pro-
duction arm of the public-listed
Media Prima, while Netflix is an
over-the-top (OTT) content pro-
vider that streams on-demand
TV shows and movies instantly
in over 190 countries.
Primeworks will have five of
its Malay and Chinese titles rolled
out when Netflix makes them
available on its service starting
Aug 7 (today), said a source fa-
miliar with the matter.
The feature films and drama
series that will be rolled out on
the global streaming service in-
clude Sejoli: Misi Cantas Cinta,
KL Zombi, Rembat, Hati Perem-
puan and Chinese drama series
Persona, the source told The Edge
Financial Daily.
It is not known how much rev-
enue Primeworks could fetch
from the supply of locally-pro-
duced content to Netflix. How-
ever, sources said the company
aims for international sales to
make up 20% of its revenue by
Steel manufacturers to challenge safeguard duty in court
BY K H AI RI E H I SYA M A L I MAN
KUALA LUMPUR: The Steel Wire
Association of Malaysia (SWAM)
has obtained leave to pursue a court
challenge against safeguard duties
imposed by the international trade
and industry ministry (Miti) on im-
ported steel wire rods (SWR) and
deformed bar in coils (DBIC).
Granted by the Kuala Lumpur
High Court last week, the leave paves
the way for the association to seek a
court order to quash the safeguard
duty, people familiar with the matter
told The Edge Financial Daily.
The judicial review is only for the
safeguard duties for SWR and DBIC,
which was announced on April 13.
The proceedings do not involve safe-
guard duties on imported steel con-
crete reinforcing bar (rebar) which
was also announced on the same day.
Primeworks will
have ve of its
Malay and Chinese
titles rolled out
when Netix makes
them available
on its service
starting today.
2020 from the current single-digit
percentage contribution. Revenue
from the content-creation business
stood at RM20.5 million in the fi-
nancial year ended Dec 31, 2016.
Primeworks annually produc-
es more than 6,000 hours of con-
tent annually for television, cinema
and digital platforms here as well as
abroad. It has been producing con-
tent for television since 1984 and
feature films since 1994. It added
digital platforms into its portfolio
in 2011.
Some of its original content under
Primeworks belt include Anugerah
Juara Lagu, Majalah 3, Nona, Jalan
Jalan Cari Makan, Mentor and Je-
jak Rasul, while box-office content
include Ada Apa Dengan Cinta 2,
BoBoiboy: The Movie, and Upin &
Ipin Jeng, Jeng, Jeng!
In 2016, Primeworks through
its distribution division, Prime-
It is learnt that the proceedings
involve SWAM and Miti. The Malay-
sian Steel Association (MSA), whose
petitions last year initiated the safe-
guard investigations that culminated
in the safeguard duties, had applied
to be part of the proceedings.
Rebar is mainly used for construc-
tion activities in Malaysia whereas
SWR and DBIC are used by down-
stream steel manufacturers many
of whom are SWAM members to
produce steel wire mesh, fending
and fasteners such as nuts, bolts
and nails.
The duties for SWR and DBIC be-
gin at 13.9% for the year up to April
14, 2018, then 12.9% and 11.9% re-
spectively for the subsequent two
years. Meanwhile for rebar, imports
are slapped with a 13.42% import
duty for 12 months up to April 13,
2018, followed by 12.27% and 11.1%
works Distribution distributed
over 42 titles to iflix which include
popular hits from television dra-
mas to blockbuster movies.
In its annual report 2016, Me-
dia Prima stated that Primeworks
also secured sales to JaiKon TV,
an OTT service operating in Cam-
bodia, in its list of regional cus-
tomers selling 17 titles in various
genres including travel, dramas
and animation.
For the financial year 2016
(FY16), the content-creation busi-
ness segment reported a net profit
of RM10.4 million compared with
RM14.1 million a year earlier.
The content-creation busi-
ness was one of five profitable
segments for Media Primas
first quarter ended March 31,
2017 (1QFY17) while three oth-
er segments were loss-making.
The content-creation division
generated RM1.4 million profit
compared with M3.2 million a
year earlier.
For 1QFY17, Media Prima reg-
istered a net loss of RM38.5 mil-
lion compared with a net profit
of RM17.2 million a year earlier.
For the content-creation busi-
ness, Media Prima revealed in the
financial result announcement that
the division will be exploring po-
tential new IPs (Internet Protocols)
for animation and co-production
with external broadcasters while
expanding the current content
sales in overseas markets.
each for the subsequent two years.
To recap, Miti had imposed the
two duties after concluding two par-
allel safeguard investigations, which
it initiated following safeguard peti-
tions by the MSA in June 2016.
During the three-year period of
safeguard duties, the petitioners
would have to implement the indi-
vidual adjustment plans submitted
alongside their petitions. While plans
vary, the steel mills had generally
aimed to boost efficiency and pro-
ductivity by improving processes
and investing in plant upgrades and
modifications, among others.
During the implementation
phase, the government reserves the
right to review and make changes to
the safeguard measures after taking
into consideration various circum-
stances such as the adjustment plan,
Miti told The Edge Malaysia weekly
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY
June exports below consensus but
analysts remain upbeat
BY S A MA N T H A H O
KUALA LUMPUR: The 10%
growth in Malaysias June exports
to RM73.07 billion was below the
consensus estimate of an 18.3% rise
and represents the slowest expan-
sion in six months.
However, most economists are
unfazed by the smaller year-on-
year (y-o-y) growth, citing the holi-
day-shortened month as a reason.
They expected exports to pick up
in July.
The lull in June is temporary,
and we expect a rebound in trade
in July as economic activity picks
up after the festive period, CIMB
Research economist Michelle Chia
said in a note last Friday.
Scheduled plant shutdowns
for maintenance repairs in June
was another reason why the slow-
er growth was not seen as a major
cause for concern, said AllianceDBS
Researchs economic team.
Junes export growth was well
below the 32.5% y-o-y expansion
seen in May, although this was un-
surprising considering the histor-
ical trend of exports surging in the
month before the Hari Raya Aid-
ilfitri celebrations, said Izzuddin
Yussof, economist at Affin Hwang
Investment Bank Bhd.
CIMB Research cited falling
commodity prices and lower export
volumes as causing a moderation
in commodity export growth, while
estate workers returning home for
the Hari Raya break had dampened
palm oil production.
What is worth noting is the sig-
nificant decline in manufactured
goods, which grew 7.4% y-o-y in
June compared with the 32.8%
growth recorded in May.
This may be seen to reflect the
recent downtrend in the Nikkei
Malaysia Manufacturing Purchas-
ing Managers' Index (PMI), which
came in at 46.9 points for June, its
lowest in five years. AllianceDBS
said the figure indicated headwinds
for the manufacturing sector in up-
coming months.
Meanwhile, the growth of ex-
ports to Asean, which collectively
makes up Malaysias largest trad-
last April when asked about the ad-
justment plan.
The MSA petitioners are Ann Joo
Steel Bhd, Southern Steel Bhd, Ma-
laysia Steel Works (KL) Bhd as well
as Lion Industries Corp Bhds sub-
sidiaries Amsteel Mills Sdn Bhd and
Antara Steel Mills Sdn Bhd.
They had claimed that the domes-
tic producers of rebar, SWR and DBIC
were substantially hurt by surging
imports between Oct 1, 2012, and
Sept 30, 2015, which caused them to
lose market share, downsize work-
force and scale back operations.
Collectively, the participating
steel mills account for 73.4% of lo-
cal rebar output and 100% of local
SWR and DBIC production.
The petitions were strongly ob-
jected to by various steel industry
players who use the three steel prod-
ucts as raw materials because the
Malaysia Nikkei PMI
vs export growth
Export growth y-o-y (%)
35
Malaysia Nikkei PMI
51
30 50
25
49
20
48
15
47
10
5 46
0 45
June
July
Aug
Sept
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
June
July
2016 2017
Sources: Bloomberg, Department of
Statistics Malaysia
ing partner, had also moderated to
its slowest in three months at 10%
y-o-y, according to MIDF Research.
The figures appear to be reflec-
tive of the fall in the PMI for Asean
to 49.3 points in June, an indication
that manufacturing conditions were
contracting, said United Overseas
Bank (M) Bhd economist Julia Goh.
We continue to expect moder-
ating export growth going into the
second half of 2017 amid ebbing
momentum in Asias manufacturing
activity, the current electronics cy-
cle ending with [the] rollout of [its]
next wave of smartphones later this
year, and lower commodity prices,
she said in a note last Friday.
The electrical and electronics
(E&E) sector, which had largely
supported Junes export figure, is ex-
pected to maintain as the main driv-
er of exports growth, AllianceDBS
said. In June, Malaysias E&E exports
grew 15.7% to contribute RM3.7
billion, while liquefied natural gas
exports saw a seven-year high surge
of 97.3% mostly due to strong de-
mand from Japan. Meanwhile, the
3.7% import growth had slowed
compared with the 30.4% growth
recorded in May. The figure had
been lifted by intermediate and
capital imports, while consumer
imports shrank due to lower im-
ports of semi-durables, particu-
larly apparel.
additional duties would increase
their procurement costs, hurting
profit margins.
For rebar, the objecting players
had included the Master Builders
Association Malaysia and the Malay
Contractors Association Malaysia.
Meanwhile, SWAM whose
members include public-listed
manufacturers such as Chin Well
Holdings Bhd, Engtex Group Bhd,
Leader Steel Holdings Bhd and YKGI
Holdings Bhd had raised concerns
over the safeguard petition for SWR
and DBIC.
During the investigations, the
government assessed the issues and
concerns submitted by all interest-
ed parties in accordance with the
Safeguards Act 2006 and Safeguards
Regulations 2007, said Miti when
announcing the imposition of the
safeguard duties in April.
MONDAY AU G U S T 7, 20 17 T HEED G E FINA NCIA L DA ILY
Better corporate earnings
seen in second quarter
But can the companies 2Q profits keep pace with the stock markets rally?
BY B I L LY TOH
KUALA LUMPUR: The road to
recovery was the theme during
the earnings reporting season
for the first quarter of this year
(1Q17). As the 2Q17 earnings
season gets underway, investors
are moving on to the next theme
that of sustainable revenue
and earnings growth.
All eyes will be on whether the
companies can repeat their per-
formances seen in 1Q17.
Malaysias stock market has
regained some ground, with the
FBM KLCI and FBM Small Cap
Index earning a total return of
9.9% and 18.3% respectively so far
this year. But will the companies
2Q17 earnings keep pace with the
rally in the local equity market?
According to JF Apex Secu-
rities Bhd head of research Lee
Chung Cheng, companies are
likely to report better earnings
in 2Q17 compared with the year-
ago period in line with the better
outlook for the year on the back
of improved economic activity.
However, well have to wait
for [Malaysian company] earn-
ings to catch up with the stock
market valuation. The market
wont be cheap, Lee told The
Edge Financial Daily over the
telephone.
In a report dated Aug 2,
Maybank Investment Bank Re-
search (Maybank IB Research)
said data points to the country
sustaining its growth momentum
of 1Q17, where gross domestic
product (GDP) growth was 5.6%.
Our economics team fore-
casts 5.1% real GDP growth in
2017, while the official 2017 real
GDP growth forecast of 4.3% to
4.8% could be raised soon, poten-
tially together with the release of
2Q17 GDP on Aug 18, it added.
Still, going into 2H17,
Maybank IB Research remains
cautiously constructive on Ma-
laysian equities, with a slightly
neutral bias after 1H17s gains.
For Malaysian equities, the
key positives are the domestic
macros which should remain
positive throughout 2017 while
market/corporate earnings
growth looks set to resume. That
said, we stay mindful of the pre-
vailing external policy and ge-
opolitical headwinds, amid an
extended period of market calm
and low volatility for most of 2017
year to date (YTD).
Volatility, as measured by the
Chicago Board Options Exchange
Volatility Index, has continued
to stay at low levels. Volatility
has also retreated in the other
asset classes with the exception
of crude oil, it said.
While optimism abounds,
Can 2Q earnings catch up with share price rally?
1,900
1,850
1,800
1,750
1,700
1,650
1,600
1,550
1,500
July 16, 2012
Mercury Securities Sdn Bhd head
of research Edmund Tham said the
market has become more cautious
as reflected in its trading volume.
If you look at the trading volume,
it has gone down quite significantly.
At one time, the average daily trad-
ing volume was consistently above
three billion shares. Right now, its
only about one billion shares, Tham
told The Edge Financial Daily.
The average daily trading vol-
ume on Bursa Malaysia stood at
2.8 billion shares in 1H17 but it
has since tapered off. Last Friday,
trading volume totalled 1.42 billion
shares worth RM1.47 billion.
Meanwhile, Tham expects both
upside and downside earnings sur-
prises in this reporting season rath-
er than things being good or bad
for a specific industry.
Below are the expectations and
views of analysts for the 2Q17 earn-
ings season in some of the sectors:
Construction
According to Public Investment
Bank Bhd research analyst Tan
Siang Hing, most of the construc-
tion companies under its coverage
will continue to see good earnings.
They (earnings) will still be
good. The earnings visibility of
most of them is still good. Given
the higher order book seen, tech-
nically, the earnings will also be
higher, he said.
While Tan conceded that the
valuations of construction stocks
are not cheap, he said their share
prices tend to move in tandem with
news flow.
If there is news flow to support,
the share prices will be able to sus-
tain, he said, pointing to the light
rail vehicle work package valued at
RM1.56 billion that was awarded
to the consortium of CRRC Zhu-
zhou Locomotive Co Ltd, Siemens
Ltd China and Tegap Dinamik Sdn
Bhd recently.
In a report dated Aug 3, Maybank
IB Research construction analyst
Adrian Wong said there are expec-
tations of major civil packages (via-
ducts and guideways) to be award-
HOME BUSINESS 5
4.3% q-o-q, Yap said in a report
dated July 17.
MIDF Research analyst Tay
Last Price (R1) Price Earnings Ratio (P/E) (L1) Average 5-year PE Yow Ken also expects AirAsia to
20 post better results in 2Q17 based
on its preliminary operating sta-
19 tistics.
The operating statistics
18 showed demand was slight-
ly higher than expected, even
17
though second quarter is tradi-
16
tionally a weak quarter, he said.
On the industry outlook, Tay is
15 positive about both AirAsia and
Malaysia Airports Holdings Bhd
14 in 2H17, pointing to more sport-
August 4, 2017 ing events as well as the easing
of visa applications, which would
lead to higher tourist arrival in
ed next, with potential beneficiaries seen in 1Q17, said Hong Leong the country.
including Gamuda Bhd, IJM Corp Investment Bank Research analyst
Bhd, Sunway Construction Group Khairul Azizi Kairudin. Media
Bhd and Kimlun Corp Bhd. He pointed out that due to the The outlook for the media indus-
YTD, the Kuala Lumpur Con- Hari Raya festive holidays, which try, meanwhile, remains chal-
struction Index has outperformed resulted in June being a shorter lenging.
the benchmark FBM KLCI Index month, leading to lower loan ap- Although we see improve-
with a total return of 19.8%. plications, there could be a mod- ments in the macro environment,
eration in bank earnings growth in we have yet to see a substan-
Semiconductor 2Q17 compared with 1Q17. tial recovery in the media sec-
MIDF Research analyst Martin Foo On the outlook for the bank- tor, largely because companies
Chuan Loong is optimistic about ing sector, we maintain our neu- still remain cautious and adopt
semiconductor companies finan- tral stance due to modest growth a wait-and-see approach to adex
cial performance for 2Q17. outlook for earnings, loan and de- (advertising expenditure) spend-
This is supported by the latest ex- posit growth. The modest earnings ing, a media analyst who de-
port data which showed Malaysias growth will result in lower ROE clined to be named said.
exports rising 10% year-on-year to (return on equity) and the lower In addition, media compa-
RM73.1 billion in June, as the coun- expected return, he said. nies also face the gradual but
try sold more electrical and elec- Maybank IB Research also has a long-term structural shift in con-
tronics besides palm oil products. neutral call on the sector but ex- sumer preference towards most-
Take a look at the events that pects loan growth to pick up pace ly free online content. Although
will unfold in this quarter, with Ap- in 2H17. media and telecommunications
ple expected to launch the latest The pickup in non-household players are trying to adapt and
iPhone and Samsung a new Note, loan growth is encouraging, and we change by digitalising their busi-
and this is just the big players we look forward to ongoing expansion ness models, its not easy to mon-
are talking about. In order for these in this segment if our industry loan etise digital content in this infor-
stocks to be ready, production is growth estimate of 5.4% for 2017 is mation-exploding era.
required in 2Q17. to be achieved, against annualised In Malaysian Newsprint In-
Thus, production volume would loan growth of 3.5% to date, said dustries Sdn Bhds (MNI) case,
be ramped up which should lead to Maybank IB Research banking an- its [liquidation] was mainly be-
better earnings [for semiconductor alyst Desmond Chng in his report cause of the cheap imports that
companies], said Foo. dated Aug 2. rendered the local manufacturing
He also pointed to the improved firm with higher production costs
global sales data, which should Aviation uncompetitive, he said.
bode well for 2Q17. CIMB Equities Research regional Last week, Hong Leong Indus-
On how a stronger ringgit would transport analyst Raymond Yap is tries Bhd and Media Prima Bhd
affect exporters such as the semi- confident that AirAsia Bhds 2Q17 announced that MNI had initiat-
conductor players, Foo said most results will outperform that of 1Q17. ed creditors voluntary winding
of the players in this space have a We believe the higher domes- up proceedings amid declining
natural hedge to the currency. tic market share will help improve newsprint demand and three
Usually, only about 50% of the 2Q17 and 2H17 (second half of straight years of losses.
cost is in US dollars. I dont think 2017) yields, helping reverse the Kenanga Research analyst
the impact from foreign exchange yield pressures in Malaysia felt dur- Cheow Ming Liang also shared
fluctuations will be significant, ing 1Q17, he said. the same sentiment in his report
he added. We believe load factors rose dated July 20.
Nevertheless, Foo agrees that from 88% in 1Q17 to an all-time He said while the countrys
the valuations of semiconductor high of 90% in 2Q17. AirAsias 1Q17 2017 adex sentiment is set to
stocks are currently on the high results disappointed the market be supported by several major
side, noting that the share prices due to the RM140 million to RM150 events such as the Asean@50:
have run ahead of earnings season. million one-off moving cost but Golden Celebration Campaign,
we think this is unlikely to recur 29th Southeast Asian Games,
Banking/Finance in 2Q17. ninth Asean Para Games, and a
The banking sector is expected to Macro factors are also sup- potential 14th General Election,
post muted earnings, with 2Q17 portive of stronger earnings as the these feel-good factors are like-
results expected to be marginally US dollar weakened 2.6% quar- ly to be offset by a weak ringgit
higher from a year ago but would ter-on-quarter (q-o-q) to an average against the US dollar and the ris-
not reflect the strong earnings of RM4.33 while jet fuel prices fell ing cost of doing business.
6 HOME BUSINESS M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY

Refiners on a high
Rebound in Brent did not put a lid on share price rally in Petron, Hengyuan
BY A DA M A ZI Z
KUALA LUMPUR: Last week, the
Brent crude oil price rebounded
to over US$50 (RM214) per barrel
for the first time in two months,
partly thanks to a drawdown in
the US crude inventories, coupled
with the threat of sanctions against
Opec member Venezuela.
Interestingly, the news did not
put a lid on the share price rally in
Petron Malaysia Refining & Market-
ing Bhd and Hengyuan Refining Co
Bhd as higher crude prices mean
more costly feedstocks for them.
Instead, the two stocks climbed
further last week.
Petrons shares surged to an
all-time high of RM9.76 last Fri-
day, while Hengyuan soared to a
42-month high of RM7.97. Both
counters were in the top five gain-
ers of Bursa Malaysia last Friday.
Year to date, Hengyuans, which
was slammed by Bursa on unu-
sual market activity two weeks
ago, share price has gained an im-
pressive 293%, in the same period,
Petron has gone up 135%.
The two counters may yet see
a limit to its seven-month rally
simply because they are trading
at single-digit price-earnings ra-
tio (PER). Based on last Fridays
closing, Hengyuan and Petron are
currently trading at 4.66 times and
eight times respectively trailing
12-month PER.
In Malaysia, Petron is an oil
refiner with 11 terminals and 580
gas stations, while Hengyuan, for-
merly known as Shell Refining Co
Bhd, operates the second-largest
oil refinery in Malaysia.
For refiners, the drop on crude
oil prices are good. Low crude pric-
es will help to widen their profit
margin.
To some extent, low prices will
also increase sales volume for retail-
ers, namely petrol stations, whose
margins are fixed through the au-
tomated pricing mechanism set by
the government.
Hong Leong Investment Bank
research analyst Aaron Tan said
that despite the rebound on Brent
crudes, prices have remained rela-
tively low it is still halfway down
from the high at US$100 per barrel
back in 2013.
We have to admit that we are
currently at a low oil price period,
so margins for refiners are still at
a good level, Tan told The Edge
Financial Daily.
Tan added that even as low oil
prices benefit downstream compa-
nies, oil and gas players in general
put a higher importance on price
stability, as it makes it easier to
work out the operating cost without
being concerned about volatility in
selling price and market sentiment.
A rebound may be seen as a sig-
nal that [the] oil price is still stable
compared with the past two years,
despite some movement between
March and August this year, he
added.
Another analyst puts similar
weight on stable crude prices.
[Refiners] Profit has improved
in fourth quarter (4Q) last year and
in the 1Q of this year as well, even
when prices were higher than in
the first half of 2016, he said.
ballooned 175% to RM279.49 mil-
Hengyuan Rening Company Bhd Petron Malaysia Rening lion from RM101.65 million, citing
& Marketing Bhd higher average product prices as
Profit (RM000)
300,000
Profit (RM000) the main fuel to the strong earn-
250,000
120,000 ings growth. Revenue expanded
200,000 100,000 nearly 57% to RM2.93 billion, from
150,000
RM1.87 billion in 1QFY16. However,
80,000
100,000 dividend-wise, analysts do not see
50,000
60,000 the two refiners as dividend stocks.
0 40,000 Hengyuan, for one, has not de-
-50,000 20,000
clared any dividend since 2013.
-100,000 However, Petron has a five-year av-
1Q 2Q 3Q 4Q 1Q 0 erage annual yield of 3.75%, with an
FY2016 FY2017 1Q 2Q 3Q 4Q 1Q
FY2016 FY2017 average dividend of 14 sen per share
between June 2013 and June 2017.
From a refiners perspective, any
upside on earnings will still be tied
to oil price movement Petron and
Hengyuan Rening Petron Malaysia Rening Hengyuan rebounded in FY15 after
Company Bhd & Marketing Bhd two consecutive loss-making years
Vol (mil) RM Vol (mil) RM in FY13 and FY14, when their mar-
10 9 4 10 gins was dragged by Brent crude
RM7.97 RM9.76 prices at US$100 per barrel.
8 Hengyuan has not indicated any
7 3 8
interesting prospects for growth
6 apart from cost management and
5 2 6 operating efficiency. Meanwhile,
4
Petron said in its FY16 annual re-
port that it is picking up the pace
3 1 4 on its service station network ex-
2
pansion. Being the third-largest
retailer in Malaysia, it can further
0 1 0 2 benefit from improving consumer
Aug 4, 2016 Aug 4, 2017 Aug 4, 2016 Aug 4, 2017 sentiment as well.
Market expectation has it that
the crude prices to average between
During both 4Q financial year lion from RM16.61 million in the US$50 and US$60 per barrel for the
2016 (4QFY16) and 1QFY17, Petron same quarter last year, on improved rest of 2017. As it is, Opec is ada-
Malaysias net profit grew over five- margins and sales volume, com- mant not to let it slide any lower.
fold year-on-year (y-o-y). Similarly, bined with higher operating effi- But as downward pressure persists
Hengyuans net profit more than ciencies. Revenue stood at RM2.56 from global oversupply, investors
doubled y-o-y in the same period. billion, up 39.76% from RM1.66 can be on the lookout of the two
In 1QFY17, Petrons net profit billion a year ago. counters, at least until the end of
jumped 553.3% to RM108.54 mil- Hengyuans net profit in 1QFY17 the year, perhaps.

Jadi Imaging e-commerce to alter cartridge perception

BY SYAHIRAH SYED JAAFAR
KUALA LUMPUR: Toner manufac-
turer Jadi Imaging Holdings Bhd is
well aware that the imaging indus-
try is a sunset one, yet it still sees
plenty of growth potential in the
aftermarket cartridge segment
that it specialises in.
However, there is one stumbling
block it needs to overcome, which
is public perception of the after-
market industry, in order to tap
the potential.
The aftermarket cartridge is
simply a substitute for original
equipment manufacturer (OEM)
cartridges, whereby toner cartridg-
es are made of new parts by third-
party manufacturers. It compris-
es two types of cartridges, called
compatible and remanufactured
cartridges.
Jadi Imagings newly appoint-
ed executive director Liew Kit ex-
plained that its no secret that OEM
cartridge companies such as Hewl-
ett-Packard, Canon and Samsung
generally dominate a larger mar-
ket share worldwide. Though in
recent times, tough competition
has brewed between producers of
compatible and remanufactured
cartridge producers within the af-
termarket industry.
As a result, the OEM cartridges
are also feeling the pinch from the
growth of compatible cartridges as
[the] general public worldwide be-
comes more receptive to the latter,
said Liew Kit who is also the son
of the groups chief executive officer
Liew Kim Siong told The Edge
Financial Daily recently.
Liew Kit said compatible car-
tridges are gaining market share
worldwide as compared to the re-
manufactured cartridges due to
lower cost and improving quality.
As such, Jadi wants to ride on
this new wave. It has even start-
ed producing its own-made toner
powder within compatible car-
tridges, making it one of a few toner
manufacturers in the world and the
only one in Malaysia, said Liew Kit.
Yet there is still a negative pub-
lic perception of this alternative
product, Liew Kit noted.
In Malaysia, you have a lot of
cases of counterfeit products that
have been raided by the police. So
people tend to [equate] compatible
cartridges [as being] counterfeit
which is a wrong perception, he
explained.
The best way to curb this per-
ception is to be transparent about
product information shared online,
suggested Liew Kit.
The group launched a new
e-commerce platform last month,
hoping to reach out to smaller
customer groups and build brand
awareness in order to enhance the
material for cartridges, has recently
expanded to offer the whole cartridge
package as well, which Liew Kit says
Liew Kit: The will allow the group to increase its
website shall downstream services online.
be the groups The launch of Jaditoner.com will
main competitive also complement the groups acqui-
advantage moving sitions of Jadi Imaging Solutions
forward, as most of (UK) Ltd and a new warehouse in
its rivals still rely Zhuhai, China, made in 2016, said
on conventional Liew Kit. He hopes for the compa-
sales. Photo by Chu ny to be able to fulfil orders faster
Juck Seng through better control of its supply
chain worldwide.
Liew Kit added that the website
shall be the groups main competi-
tive advantage moving forward, as
most of its rivals still rely on con-
groups image as a trusted com- ventional sales.
patible cartridge manufacturer, Moving forward, he is confident
said Liew Kit. that by fulfilling faster orders, it
Many players try to keep their would help to boost sales for the
information confidential, on price financial year ending March 31,
or product information. We are the 2018 (FY18), though it would take
first company to do this in the af- time to materialise.
termarket imaging industry, said The highly competitive operating
Liew Kit. environment has certainly eaten
The website will offer Jadis existing into Jadis profitability. The com-
products under its brand name of Ja- panys earnings have been volatile
ditoner. The group, which previously in the past few years.
only sold toner powder as the raw CON T I N U ES ON PAGE 8
8 HOME BUSINESS
Will Chinas deleveraging
hit Malaysia?
Observers hopeful that Beijing will be mindful of the domino effect its decisions will have
BY SA M A N THA H O
KUALA LUMPUR: As Chinas de-
leveraging efforts continue to raise
concerns that a global slowdown,
Malaysias growing exposure to the
Asian giant makes one wonder just
how the local economy stands to
be affected.
It appears that, so far, Chinese
authorities have been clamping
down largely on its privately owned
entities, requesting that these com-
panies sell their foreign assets and
bring the proceeds back home. This
reportedly saw property and en-
tertainment conglomerate Dailan
Wanda Group scrap its bid for the
US$10 billion (RM43 billion) Ban-
dar Malaysia development project.
However, what may be of a big-
ger concern is the debt carried by
Chinese state-owned enterprises
(SOEs) to fund their expansions.
According to a report by Bloomb-
erg, SOE debt makes up the bulk of
non-financial corporate debt, which
currently stands at US$17 trillion or
some 59% of total outstanding debt
of nearly US$29 trillion.
Second Finance Minister Da-
tuk Seri Johari Abdul Ghani has
said that Malaysias risks are con-
tained as long as the government
continues to deal with these SOEs.
However, whether or not that will
still apply when the time comes
for China to trim its debts remains
to be seen.
If you look at Chinas credit
tightening, a lot of it will have to
be done with SOEs because that
is where a significant portion of
its debt lies, said Socio-Economic
Research Centre (SERC) executive
director Lee Heng Guie.
[That means that] these firms
are likely to be much more care-
ful with their assessments of new
investments going forward, even
though they will probably uphold
existing commitments, Lee told
The Edge Financial Daily.
Chinese President Xi Jinping has
said that the lowering SOE debt
should be made the priority of
Jadi Imaging remains focused on brand awareness
F ROM PAG E 6
For FY17, the company dipped
into the red. It posted a net loss of
RM17.19 million compared to a net
profit of RM6.74 million the year be-
fore. Revenue was lower at RM79.95
million against RM96.67 million in
FY16. Loss per share stood at 1.92
sen for FY17 against earnings per
share of 0.64 sen.
Nonetheless, the bulk of the loss
amounted to RM11 million was the
result of impairment of fixed assets,
namely the underutilised plants and
equipment.
Chinas debt breakdown
Sources: CEIC, Macquarie Research, June 2016
priorities, but most market watch-
ers are hopeful that the worlds
second-largest economy will de-
leverage prudently and be mindful
of the domino effect its decisions
will have.
We are not convinced that the
rhetoric regarding deleveraging
will translate into an actual fall in
debt, said Christian de Guzman,
vice-president and senior analyst
of sovereign risk at Moodys Inves-
tor Services.
As such, we think that China can
sustain [a] relatively healthy growth
of over 6% over the next few years,
which should be supportive of de-
mand for Malaysias exports, inward
flows of Chinese investment, and
commodity prices in general, he
told The Edge Financial Daily in an
email response.
In any case, a reform of SOEs
appears to be a distant goal with
no distinct solution yet, since Chi-
na has no clear-cut way of credibly
disciplining its elder sons, Deloitte
China chief economist Stephen Xu
Sitao said.
The question to ask is whether
or not the Chinese government can
Jadi changed its financial year
end from Dec 31 to March 31. As
such, the prior financial periods
comparatives are for a 15 months
period from Jan 1 2015 to March
31, 2016.
For the fourth quarter end-
ed March 31, 2017 (4QFY17), the
group made a net loss of RM15.76
million. The group made a revenue
of RM17.48 million. There were no
comparative figures as the group had
changed its financial year.
Liew Kit acknowledged the steep
loss made in 4QFY17, attributing it
make budget constraints binding
on SOEs, Xu said at a conference
on Chinas banking and financial
sector last week.
And while the Chinese are good
at making small things big, they are
not good at making big things small.
How do you consolidate such large
SOEs? he said.
The unlikelihood of the Chinese
state rushing to curb the spending
of its SOEs has led most experts to
conclude that it would not pull back
from the multibillion dollar invest-
ments it has promised to pump into
its Belt and Road Initiative.
If investments are sanctioned
by the [Chinese] state, they will
probably be given some leeway
when it comes to tightening, said
Dr Yeah Kim Leng, economics pro-
fessor at the Sunway University
Business School.
Where Yeah expects to see tight-
ening in China instead is on the sup-
ply side of raw materials such as coal,
steel and cement, and zombie com-
panies that have been supported by
the Chinese governments earlier
willingness to provide cheap credit.
Meanwhile, Malaysia has been
to higher production cost due to
lower productivity.
He also added that the group had
faced challenges with customer de-
mand for cheaper pricing, and that
steep competition on pricing from
its China counterparts had affect-
ed them.
There are many Chinese players,
some of which are state-owned and
are not necessarily profit driven and
can be aggressive in their pricing strat-
egy, said Liew Kit, adding that toner
products in China are estimated to be
priced at US$3 (RM12.84) or US$4 per
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY
actively courting Chinas SOEs for
its infrastructure projects, including
the RM55 billion East Coast Rail Link
for which it signed a memorandum
of understanding with China Com-
munications Construction Company
(CCCC), the republics largest con-
struction outfit. Most recently, the
light rail vehicle work package for
light rail transit 3 has been awarded
to a consortium led by CRRC Zhu-
zhou Locomotive Co Ltd.
Also worth mentioning is that
out of the nine bids for the Bandar
Malaysia project, seven have come
from Chinese state-controlled com-
panies, with the remaining two from
Japanese developers. Putrajaya, in
an announcement last month, said
the bids are valued between US$7
billion and US$10.5 billion.
Separately, Chinese SOEs are
also participating in the develop-
ment of ports and industrial parks
in Melaka and Kuantan, and the
Four Seasons Hotel and the Tun
Razak Exchange (TRX) Signature
Tower here.
Although existing govern-
ment-backed commitments and
projects may remain unaffected
kg, way below the market average.
Jadi prices it at US$6 or US$7,
which is considered reasonably
priced.
We are still biding on the con-
solidation of the industry as a whole
where we hope that with it, the price
strategy would stabilise and we can
get a healthier margin moving for-
ward, said Liew.
Jadis Chinese subsidiary current-
ly contributes 21% of the companys
total revenue, while the UK contrib-
utes 7% and Malaysia remains the
largest contributor, generating 72%.
for now, private companies that
are deemed to be lacking syner-
gies with Chinas overall expansion
strategy could see further curbs on
their overseas expansions, SERCs
Lee said.
These investments may be put
on hold if [the Chinese government]
considers the capital outflows too
big and unnecessary, he added.
China has, for example, been
taking measures to cool its proper-
ty market, noted RHB Asset Man-
agement chief investment officer,
Mohd Fauzi Mohd Tahir.
Speaking to reporters after the
asset management arms market in-
sight forum last week, Mohd Fauzi
concurred that this had translat-
ed into a slight slowdown in de-
mand for properties in Malaysia
built by Chinese developers, such
as Country Garden Holdings Co
Ltds US$100 billion (RM428 bil-
lion) Forest City in Iskandar Ma-
laysia, Johor.
In April, it was reported that
Country Garden assured main-
land investors that it would refund
them following Beijings crackdown
on capital outflows.
According to a report by No-
mura last week, it is possible that
Chinas highly indebted corporate
sector would refrain from investing
overseas until its deleveraging is
complete.
But while China has been crack-
ing down on the foreign assets of
some of its biggest privately owned
enterprises, it also saw the launch of
52 state-owned investment firms in
21 of its provinces last week, which
will be investing state funds at the
provincial and city levels, Reuters
reported.
Beijing, however, has given an
assurance that it will take steps
to keep the deleveraging process
smooth and orderly, the wire ser-
vice quoted the Peoples Bank of
China assistant governor Zhang
Xiaohui as saying.
But whether or not China can
fulfil its promises remains to be
seen.
The group is confident that with the
website, it would be able to increase
revenue contributions from its over-
seas subsidiaries.
On whether it intends to diversify
into new businesses given the highly
competitive cartridge market, Liew
Kit said the group does not discount
the thought, hinting that the group
may even consider expanding into
a non-imaging industry. Before any
concrete diversification plan takes
off, Jadi for the time being remains
focused on increasing brand and
industry awareness.
10 ST O C KS W I T H M O M E N T U M
COMFORT GLOVES BHD (+ve)
SHARES in Comfort Gloves Bhd (funda-
mental: 2.6/3, valuation: 1.2/3) triggered our
momentum algorithm for the first time this
month last Friday. Its share price gained 0.5
sen or 0.52% at 96 sen. A total of 13.09 mil-
lion shares were traded, compared with the
counters 200-day average trading volume of
2.08 million shares.
The Main Market-listed glove maker started
the year on a firm note, with its share price
gaining about 47% since the start of the year.
The stock has touched a one-year high of 98
COMFORT GLOVES BHD
POH HUAT RESOURCES HOLDINGS BHD (-ve)
SHARES in Poh Huat Resources Holdings
Bhd (fundamental: 2.1/3, valuation: 2.4/3)
triggered our momentum algorithm last Fri-
day for the first time since early this year.
The stock closed four sen or 2.05% higher at
RM1.99 with a volume of 1.53 million shares
traded, exceeding its 200-day average volume
of 362,973 shares.
In a statement to Bursa Malaysia, the fur-
niture maker has redesignated its managing
director Tay Kim Huat as group chief executive
officer, effective June 14. Tay currently leads the
POH HUAT RESOURCES HOLDINGS BHD
TRC SYNERGY BHD (-ve)
SHARES in TRC Synergy Bhd (fundamental:
1.4/3, valuation: 2/3) triggered our proprie-
tary momentum algorithm last Friday. The
stock went up three sen or 3.95% to close at
79 sen, with some 18.78 million shares trad-
ed, exceeding its 200-day average volume of
2.12 million shares.
Recently, TRC Synergy has announced that
its wholly-owned subsidiary TRC (Aust) Pty
Ltd (TRCA) is selling a plot of freehold land
measuring 3,621 sq m in Melbourne, Aus-
TRC SYNERGY BHD
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE FI N AN C I AL DAI LY
Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and rst appeared at www.theedgemarkets.com.
Please exercise your own judgement or seek professional advice for your specic investment needs. We are not responsible for your investment decisions.
www.theedgemarkets.com
Our shareholders, directors and employees may have positions in any of the stocks mentioned.
HOME BUSINESS
sen, although it is still far from its five-year
high of RM1.06.
Comfort Gloves returned to the black in
the first financial quarter ended April 30, 2017
with a net profit of RM10.15 million versus
Bright prospects for
a net loss of RM9.44 million a year earlier.
The previous loss was due to a fire outbreak
incurred at a subsidiary in March last year,
medical device sector,
which cost the company RM12.8 million in
write-offs.
Comfort Gloves trades at 2.46 times its
but more talent needed
net book value.
BY SYAHIRAH SYED JAAFAR being competed for among companies in
Valuation score* 1.20 the industry.
Fundamental score** 2.60 KUALA LUMPUR: As the largest medical What new companies do when they
TTM P/E (x) 11.74 device market in Asean, Malaysia contin- first arrive [in Malaysia] is to take [talent]
TTM PEG (x) 0.03 ues to evolve as a hub for medical device from existing companies. Thats the eas-
P/NAV (x) 2.47 manufacturing, with over 250 companies ier way out and I dont think its the right
in the industry thus far. Yet while the in- thing to do. They do that at the expense of
TTM Dividend yield (%) -
dustry thrives, a shortage of skilled labour creating a problem for themselves later on
Market capitalisation (mil) 533.64 poses a growing problem. because when they increase the salaries it
Shares outstanding (ex-treasury) mil 558.79 Better awareness is therefore need- means they are inflating the salaries for no
Beta 0.72 ed to attract the right talent, according reason, said Joshi.
12-month price range 0.63-0.98 to the Association of Malaysian Medical Ammi anticipates 1,446 jobs to be creat-
*Valuation score - Composite measure of historical return & valuation Industries (Ammi). The association was ed by its members this year, adding on to its
**Fundamental score - Composite measure of balance sheet strength established in 1989 and currently repre- current member workforce of over 31,000.
& protability sents 63 medical device firms, with two or Nonetheless, its a positive picture, said
Note: A score of 3.0 is the best to have and 0.0 is the worst to have three companies joining yearly. Joshi. Companies that have been here for
I think most people dont actually un- so long are not moving out, they keep re-
derstand healthcare as an industry, said investing. It shows that [Malaysia] is the
Ammi chairman Hitendra Joshi. They
think that working in the medical device
place for them to be. We just need to keep
increasing the right talent pool, so there is
group in areas of strategic planning, business industry is about the study of biology and enough supply and companies can remain
development, new ventures, and investment. requires hiring biology graduates, he said. [equally] competitive, he said.
Poh Huats net profit in the second financial It doesnt. The industry by and large Last week, the association launched its
quarter ended April 30, 2017 (2QFY17) grew 2.7 employs engineers because we are man- annual Medical Device Industry Outlook
times or 174% to RM10.6 million from RM3.88 ufacturers using machines, equipment, Report 2017, revealing that over 70% of its
million a year earlier, on higher shipping vol- Joshi told The Edge Financial Daily. members expect to invest a total of RM1.4
ume of furniture exported from its Vietnamese The awareness and understanding of billion in the country this year, reflecting
and Malaysian operations. Revenue for the the industry is poor among the student strong investor confidence in the country.
quarter grew 20% to RM127.65 million from population, said Joshi, who is the head The report also projects a 12% growth
RM106.46 million in 2QFY16. of government affairs and market access in Malaysias medical device exports this
At the current share price, Poh Huat is trad- for Asia-Pacific at B Braun Medical Indus- year to RM17.74 billion, from RM15.84 bil-
ing at 1.6 times its book value. tries Sdn Bhd. lion last year. Over 90% of medical devices
If you ask a student if he wants to join manufactured in Malaysia are for exports,
Valuation score* 2.40 the medical device industry, he probably with medical gloves accounting for close to
Fundamental score** 2.10 wouldnt be too sure what youre talking 50% of the exports.
TTM P/E (x) 7.27 about, he added. Around 60% of Ammis members are
TTM PEG (x) 0.25 As such, Ammi wants to make it a expected to contribute to this total figure,
P/NAV (x) 1.57 priority to create more awareness, es- similar to the ratio of their RM9.7 billion
pecially among those in academia. Joshi contribution last year.
TTM Dividend yield (%) 3.08
said future graduates should know that At a media briefing last week, the Ma-
Market capitalisation (mil) 416.59 there is a stable career in the industry and laysian Investment Development Authority
Shares outstanding (ex-treasury) mil 213.64 that it even contributes to the purpose of (Mida) said for the first half of 2017 (1H17),
Beta 0.75 saving lives. fewer medical device projects were approved
12-month price range 1.46-1.97 The association has started reaching but the total investment value was higher.
*Valuation score - Composite measure of historical return & valuation out to universities and hosting career talks, Sixteen projects worth RM1.95 billion were
**Fundamental score - Composite measure of balance sheet strength said Joshi, adding that it wants to see more approved, against 23 projects worth RM1.59
& protability universities implement the medical tech- billion in the 1H16.
Note: A score of 3.0 is the best to have and 0.0 is the worst to have nology curriculum. The tertiary institu- For the full year, Mida estimates the num-
tions, he said, should also train under- ber of approved projects for the industry to
graduates before they seek employment, match last years 41 projects worth RM2.9
which would then save the companys
time and resources.
billion.
Moving forward, Ammi is confident about
tralia for A$9.66 million (RM32.74 million). We should see professors also being investor prospects for the industry.
The proposed sale is expected to give it a net attached to industries, then theyll have a There is already a visible presence of
gain on disposal of about RM4.4 million or real understanding of the industry when successful [medical device] companies in
one sen per share, TRC Synergy said. they [teach students], said Joshi. Malaysia. That itself would [further] attract
The proceeds from the disposal are expect- Increasing awareness is important for interest from other companies to come to
ed to be utilised for impending development Ammi as talent pool is the main resource this region, said Joshi.
activities by TRCA and/or to finance payments
of bank borrowings, working capital, as well
as land related expenses of TRCA.
At the current share price, TRC Synergy is
trading at 0.95 times its book value.
(From left) Mida
Valuation score* 2.00 deputy chief executive
Fundamental score** 1.40 ocer (CEO) Datuk
TTM P/E (x) 8.97 N Rajendran, Joshi,
TTM PEG (x) 0.18 and Mida CEO Datuk
Azman Mahmud at
P/NAV (x) 0.93
the ocial launch of
TTM Dividend yield (%) 2.50 Ammis Medical Device
Market capitalisation (mil) 365.18 Industry Outlook
Shares outstanding (ex-treasury) mil 480.50 Report 2017 last
Beta 0.90 Wednesday. Photo by
12-month price range 0.37-0.76 Kenny Yap
*Valuation score - Composite measure of historical return & valuation
**Fundamental score - Composite measure of balance sheet strength
& protability
Note: A score of 3.0 is the best to have and 0.0 is the worst to have
1 2 P R O P E RT Y
Battle lines redrawn
Sydney casino war called off amid China crackdown
BY A N G U S WH I T L EY
SYDNEY: On the shores of Sydney
Harbour, Crown Resorts Ltd and
Star Entertainment Group Ltd are
creating the most opulent gambling
resorts Australia has ever seen, in a
A$3 billion (RM10.18 billion) battle of
rooftop pools, private gaming rooms
and fine dining.
In the citys first casino war, bil-
lionaire James Packers Crown is
racing to build a A$2 billion six-star
hotel and casino by 2021 on prime
real estate on the banks of a protect-
ed inlet west of the Sydney Harbour
UK homebuilders fall on scheme cancellation
BY JACK SIDDERS &
SH ARO N SMY TH
LONDON: Britains biggest home-
builders fell in London trading
after Property Week reported that
the government could cancel a
programme that provides five-year
interest-free home loans.
A spokesman for the Depart-
ment for Communities and Local
Government (DCLG) said by email
that its incorrect to infer from a re-
view of Help to Buy that the gov-
ernment is considering cancelling
it early. The DCLG is considering all
options for the Help to Buy scheme
when it runs out in 2021, as it said
in a policy document in February,
but it didnt tell Property Week that
the scheme could be wound down
or replaced before then, he said.
The FTSE 350 Household
Goods & Home Construction
Index fell as much as 2% after
Property Week reported that a
government review could lead
to Help to Buy ending before the
expiry date. Persimmon plc was
the worst-performing stock on the
benchmark FTSE 100 Index, drop-
Bridge. Star, which loses its monopoly
in 2019, is pushing on with A$1 bil-
lion of upgrades just a few hundred
meters across the water.
Packer originally won support for
the new casino in Barangaroo with a
pledge to attract mega-rich Chinese
high rollers. But the crackdown on
promoting gambling in mainland
China has moved the battle lines,
and now Crown looks set on a col-
lision course to compete with Star
for less wealthy blackjack, poker and
baccarat players.
The prize for Australias leading
casino operators is clear: Record
ping as much as 6.9% and Barratt
Developments plc fell as much
as 5.6%, the most since October.
Homebuilder shares rallied fol-
lowing the government response
to the Property Week report.
flows of Chinese tourists and a local
population that loses more money
gambling per head than any country
in the world. The risks are equally
apparent, as Crowns new site po-
tentially draws customers from its
Melbourne base, and Star faces com-
petition for the first time in Sydney.
They are both kind of targeting
the same customer, said Sudhir
Kale, the Gold Coast, Australia-based
founder of GamePlan Consultants
whos worked on projects for casino
operators including Crown. Ba-
rangaroo is going to basically get
into the grind market of Star, the
Home values have surged
about 86% since 2009, pricing
many young buyers out of the
market, according to Hometrack.
Rising costs prompted the UK
government to announce the
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE FI N AN C I AL DAI LY
table-game players.
The contribution to Crown and
Star from overseas high-stakes gam-
blers came into focus in October
last year when Chinese authorities
arrested a group of Crown workers.
Since the crackdown, Crown has
closed almost all its regional mar-
keting offices in Asia that funneled
big-stakes players to Australia and
sold out of a Macau casino venture.
According to Citigroup Inc, Crowns
share of international high-roller
revenue in Australia has plummeted
from more than 70% in 2010 to 39%.
Bloomberg
Help to Buy programme in 2013,
providing guarantees that allow
people to buy a home costing as
much as 600,000 with a down
payment of as little as 5%.
Bloomberg
IN BRIEF
MPK records RM14.448m
assessment arrears
KANGAR: The Kangar Munic-
ipal Council (MPK) recorded
RM14.448 million in property
assessment arrears owed by
homeowners and owners of
business premises until July 4.
State housing and local govern-
ment committee chairman Mat
Hassan said MPK had allowed
the property owners with high
arrears to make payments in in-
stalments every month. MPK
also conducts mobile collections
via trucks in residential areas due
to high assessment arrears, he
said in reply to a question from
Datuk Ismail Kasim (BN-Tam-
bun Tulang) at the state assem-
bly sitting. Bernama
Macau land row rattles
casino bosses ahead
of 2020 licence talks
MACAU: The Macau govern-
ment has seized more than 100
plots of land from developers
under a 2013 law it says is in-
tended to root out corruption
and better utilise land. For casi-
no executives, the governments
uncompromising position in
the land disputes is a flavour of
the uncompromising attitude
they expect to face when they
negotiate to renew their gaming
licences, which start to expire
in 2020. Its really a warning
sign that the government is not
backing down for the casino
concessions, said a senior ca-
sino executive. Reuters
RAM assigns preliminary
rating to IGB REIT
KUALA LUMPUR: RAM Rat-
ing Services Bhd has assigned
a preliminary rating of AAA/
Stable to IGB REIT Capital Sdn
Bhds proposed RM1.2 billion
first tranche medium-term note
(MTN). In a statement last Friday,
RAM said this was the first MTN
issuance under the issuers RM5
billion MTN programme. IGB
REIT Capital was incorporated
by IGB Real Estate Investment
Trust to facilitate its fundrais-
ing exercise via the MTN pro-
gramme. Bernama
MONDAY AU G U S T 7, 20 17 T HE ED G E FINA NCIA L DA ILY
B R O K E R S C A L L 13

CIMB expected Minimal earnings impact on

Sunway from Sunway Clio disposal

to achieve
Sunway Bhd bring down the net gearing of Sun-
(Aug 4, RM4.34) way. The net gearing of Sunway is
Maintain neutral with an un- expected to climb above 0.54 times
changed target price (TP) of from 0.47 times in 2QFY17 follow-

better earnings
RM4.25: Sunway Bhd announced ing a slew of land acquisitions ear-
that it had entered into a sale and lier this year with a total purchase
purchase agreement to dispose of consideration of more than RM500
Sunway Clio to Sunway REIT for million. Sunway intends to utilise
RM340 million. Sunway had also RM275 million or 81% of the pro-
entered into a hotel-lease agree- ceeds from the disposal for repay-
ment with Sunway REIT to lease ment of borrowings. We estimate
back Sunway Clio for an initial the net gearing of Sunway to be
term of 10 years. The asset dis- contained at around 0.5 times post
CIMB Group Holdings Bhd CIMB Group Holdings Bhd posal is expected to complete in disposal of Sunway Clio.
(Aug 4, RM6.62) the fourth quarter of financial year Core earnings impact from the
Maintain buy with an unchanged FYE DEC (RM MIL) 2015 2016 2017E 2018E 2019E 2017 (4QFY17). disposal is minimal. We estimate
target price (TP) of RM7.50. The Total income 15,394.7 15,916.0 16,342.8 16,974.4 17,636.4
Sunway Clio is located within the an interest cost savings of around
financial year 2017 (FY17) to FY18E township of Sunway City, in close RM13 million to be largely offset
PPOP 6,146.8 7,413.6 8,014.3 8,317.4 8,633.1
earnigns per share (EPS) remain proximity to Sunway Resort Ho- by the lease payment for Sunway
unchanged. We expect a progres- Pre-tax profit 3,914.0 4,884.1 6,258.8 6,401.0 6,734.9 tel & Spa. Sunway Clio is a 19-sto- Clio. Overall, we raised our net in-
sive improvement in CIMB Group Net profit 2,849.5 3,564.2 4,671.0 4,775.3 5,023.2 rey four-star rated hotel with 401 come forecast for financial year
Holdings Bhds net profits in the EPS (sen) 33.6 41.0 51.7 51.1 52.0 rooms. Sunway Clio also has 88,384 2018 (FY18) by 4.9% after taking
second quarter of FY17 (2QFY17) Core net profit 3,411.0 3,414.2 4,671.0 4,775.3 5,023.2 sq ft of retail space. Construction into account a disposal gain of
with no major downside surpris- Core EPS (sen) 40.2 39.3 51.7 51.1 52.0 of Sunway Clio was completed on RM29.4m. Nevertheless, our core
es. We believe that the group is Core EPS growth (%) 5.7 (2.4) 31.7 (1.2) 1.8
Feb 12, 2016 with an estimated total net income estimates remained
on track to achieve, at least, a 31% development cost at RM303.2 mil- unchanged as we treat fair value
Core PER (x) 16.4 16.8 12.8 12.9 12.7
year-on-year (y-o-y) rebound in lion. Sunway is expected to recog- gain as an one-off item.
FY17E net profit, as CIMB Niagas ROE (%) 7.3 8.3 10.0 9.6 9.6 nise a gain of RM29.4 million from We maintain neutral with our
asset quality stabilises while at the BVPS (RM) 4.81 5.11 5.24 5.37 5.49 the disposal. target price for Sunway at RM4.25,
group level, the focus remains on PBV (x) 1.37 1.29 1.26 1.23 1.20 We are positive on the disposal based on sum-of-parts valuation.
boosting operating income and Net DPS (sen) 14.0 20.0 22.9 24.3 25.0 as we think that it is timely to help MIDF Research, Aug 4
achieving the operating targets of Dividend yield (%) 2.1 3.1 3.5 3.7 3.8
CIR of less than 50% and a return Affin/Consensus (x) 1.0 0.94 0.9
on equity (ROE) of 15%. Other re- Sunway Bhd
Sources: Company, Affin Hwang estimates
rating catalysts include operational
synergies from the joint venture FYE DEC (RM MIL) 2014A 2015A 2016A 2017F 2018F
with China Galaxy and a revival of The managements guidance re- Reiterate buy on CIMB, with an Revenue 4,558.1 4,448.4 4,725.9 4,907.4 5,379.6
capital market activities. mained unchanged for FY17 loan unchanged 12-month TP of RM7.50, Core Ebit 609.8 546.6 726.9 653.7 687.7
CIMBs management has turned growth, targeting 7%, with the an- based on a target price-to-book val- Core PBT 810.1 788.7 820.5 821.0 871.9
more optimistic about this years ticipation of a stronger pipeline in ue of 1.4 times (underlying assump- Net income 734.0 732.4 585.9 555.6 633.0
net interest margin (NIM) guid- the second half of 2017 (2HFY17) tions: FY18E ROE of 9.6% and 8.3% Core net income 583.9 590.7 547.4 555.6 603.6
ance, with expectations that it will arising from capital expenditure in cost of equity). Overall, we remain
EPS (sen) 42.6 41.8 28.4 27.0 30.7
be flat, y-o-y (2016 NIM of 2.63%). the corporate sector (non-govern- optimistic about CIMBs prospects,
The revised guidance came on the ment-related) such as healthcare, as implied by our assumptions for Core EPS (sen) 33.9 33.7 26.6 27.0 29.3
back of CIMB Niagas stronger NIM education, utilities and logistics. FY17-19E: i) fund-based income Net DPS (sen) 11.00 38.00 12.14 12.40 13.47
in 2QFY17, a more robust corporate It remains cautious about the growth of 5-6% pa based on a loan Net dividend yield (%) 2.5 8.8 2.8 2.9 3.1
current account, savings account overall credit recovery in 2HFY17 growth of 6.3-7%; ii) steady NIM at Core PER 12.76 12.82 16.27 16.03 14.75
growth and mortgage-repricing of due to the high credit cost emanat- 2.63-2.66%; iii) a potential decline NTA/share (RM) 3.44 3.74 3.62 3.76 3.93
25 basis points (bps) on selective ing from CIMB Niagas small and of 29% y-o-y in FY17E impaired loan P/NTA 1.26 1.15 1.19 1.15 1.10
accounts. There are no changes to medium enterprises portfolio, some allowances (credit cost at 56bps).
Core ROE (%) 9.8 9.0 7.3 7.2 7.5
our assumptions for FY17 to FY19E specific corporate accounts and the Downside risks are further dete-
as we have already factored this into auto and credit card books in retail rioration in asset quality and NIM Core ROA (%) 4.5 3.7 2.9 2.9 3.1
our existing forecasts (upgraded banking. CIMB maintains a FY17E pressure. Affin Hwang Investment Net gearing (x) 0.30 0.50 0.45 0.44 0.46
since April). credit cost expectation of 60-65bps. Bank Research, Aug 4 Sources: Company, MIDF Research estimates

Steady sales seen to support Yee Lees aerosol can unit

Yee Lee Corp Bhd 13% from its last traded price. Yee Lee Corp Bhd
(Aug 4, RM2.41) We like Yee Lee for i) steady A compound
Initiate coverage on Yee Lee with growth in aerosol can manufac- FYE DEC (RM MIL) 2015A 2016A 2017F 2018F 2019F CAGR (%)
an outperform call and a target turing; ii) trading strength F&B and
annual growth rate
Revenue 799.2 1,057.8 1,156.0 1,239.1 1,338.6 13.8
price (TP) of RM2.72: Yee Lee Corp household products distribution; of 9% seen to be Pre-tax profit 41.5 56.5 60.9 66.0 72.5 15.0
Bhd is synonymous with high qual- and iii) synergy of own brands with driven by both the Net profit 31.9 44.5 47.5 51.5 56.6 15.4
ity oil brands such as Helang and distributorship.
Vesawit, produced through operat- In the year up to May, the
groups manufacturing EPS (sen) 17.3 23.6 25.2 27.4 30.1 14.8
ing a palm oil refinery and palm oil monthly data for sales of pesticides and trading divisions. PER (x) 13.9 10.2 9.5 8.8 8.0
mill. Of note is its distributorship of and the paint industry has shown Dividend yield (%) 1.5 1.9 1.9 1.9 1.9
more than 50 brands, mostly food an average year-on-year growth Debt to equity (x) 0.3 0.3 0.2 0.2 0.1
and beverages (F&B) and house- of 6% and 25% respectively. We ROA (%) 3.8 4.8 5.0 5.1 5.3
hold products. It has been in the believe the consistent and steady ROE (%) 6.1 7.7 7.7 7.8 8.0
business for 49 years. sales will continue to support de- house this year. This will add anoth- NTA/Share (RM) 2.7 3.0 3.2 3.4 3.7
Yee Lee also manufactures pack- mand for the aerosol can segment. er 23,000-sq ft capacity to its exist-
aging materials, including aerosol Going forward, about RM13 million ing storage space of about 480,000 Price to NTA (x) 0.9 0.8 0.7 0.7 0.7
cans and corrugated carton box- to RM14 million capital expenditure sq ft, which will enable Yee Lee to Sources: Company, PublicInvest Research estimates

es, and markets and distributes
fast-moving consumer products.
Over the next three years, we are
looking at a compound annual
growth rate of 9%, driven by both
the manufacturing and trading di-
visions.
We initiate coverage on Yee Lee
with an outperform call and a TP
of RM2.72, implying an upside of
is allocated for Yee Lees aerosol
can segment. Yee Lee is investing
in new printing machine, which
should enable them to offer pre-
mium-quality print to customers
while reducing wastages and im-
proving printing efficiency.
Yee Lee is shifting its Kota Baru
distribution centre from a rented
warehouse to its own new ware-
store more products in supporting
future growth. Currently, Yee Lee
owns a distribution network of 16
distribution centres across major
towns in Peninsular and East Ma-
laysia, which supply for a customer
base of about 33,000, ranging from
large hypermarkets and supermar-
kets to sundry shops and conven-
ience stores.
We derive our 12-month tar-
get price of RM2.72 based on the
sum-of-parts valuation method.
For Yee Lees manufacturing, we
have applied a price-earnings ra-
tio of eight times to the segments
financial year 2018 (FY18F) contri-
butions, taking into consideration
its peers. Our coverage of DKSH is
valued at 16 times price earnings
(PE), but as Yee Lee is not market
leader, it does not command such a
high valuation. Hence, the trading
segment is given a multiple of 10
times PE. As for its stake in Spritzer,
we have ascribed a conservative
PE of 13 times. PublicInvest Re-
search, Aug 4
14 B R O K E R S C A L L M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY

Lower order Purchase of Sunway Clio a positive

for Sunway REIT

book recognition
Sunway Real Estate Invest-
ment Trust
(Aug 4, RM1.71)
Maintain hold recommenda-
tion with an unchanged target
price of RM1.70: Sunway Real
income on top of the guaranteed
income will be retained by Sun-
way REIT, further enhancing the
attractiveness of the acquisition.
After the expiry of the guar-
anteed rental period, rental con-

expected for MHB

Estate Investment Trust (Sunway tribution from the property will
REIT) has entered into sale and be based on the minimum rent
purchase agreements for the ac- (about RM8.23 million) or vari-
quisition of Sunway Clio property able rent (20% gross operating
for a total purchase consideration revenue plus 70% net operating
of RM340 million (subjected to profit), whichever is higher.
valuation adjustment) from Sun- In addition, the acquisition
way Bhd. will provide long-term income
Malaysia Marine and Heavy Malaysia Marine and Heavy Engineering Holdings Bhd The property comprises a contribution as the hotel lease
Engineering Holdings Bhd 19-storey, 401-room four-star has 10 years tenure with a re-
(Aug 4, 70 sen) FYE DEC (RM MIL) 2016 2017F 2018F 2019F hotel (Sunway Clio Hotel), 88,000 newal option for another 10 years.
Maintain hold recommenda- Revenue 1,191.3 970.6 1,031.5 1,150.6 sq ft of three-storey retail lots Going forward, we believe the
tion with a lower fair value (FV) Core net profit 13.8 (48.7) (23.1) 16.3 (Sunway Pyramid West) and a performance of the hotel will im-
of 78 sen from RM1: The lower FD core EPS (sen) 0.9 (3.0) (1.4) 1.0
multistorey car park. prove as the hotel matures and
FV is achieved by increasing the The proposed acquisition of benefits from operating synergies
discount to Malaysia Marine and FD core EPS growth (%) (93.1) (452.9) (52.6) (170.5) the property is expected to be with Sunway REITs other proper-
Heavy Engineering Holdings Bhds Consensus net profit - 22.1 49.3 72.0 completed by the fourth quar- ties located within Sunway City.
(MHB) financial year 2017 forecast PER (x) 82.3 nm nm 69.8 ter of 2017. The acquisition will be fully
(FY17F) book value from 40% to EV/Ebitda (x) 5.4 59.7 26.0 15.2 We are positive on the news as funded by existing debt facili-
50%, given the groups losses and ROE (%) (5.2) (1.9) (0.9) 0.7 the vendor will provide a guar- ties, and its net gearing ratio will
potential impairment provisions Net gearing (%) nm nm 2.9 8.7 anteed rental income of RM20.23 increase from 34.7% to 37.9%.
towards year end. Sources: AmInvestment Bank, company report
million for a period of four years Based on our estimates, the
We are now projecting MHB to post acquisition, which translates acquisition is expected to in-
register a loss of RM49 million in into a net yield of about 5.95% crease our financial year 2018
FY17 and RM23 million in FY18, jects, together with ramping-up tion of RM36 million of change vis--vis its current yield of about earnings per unit and distribu-
versus earlier profit estimates due revenue recognition from its on- orders arising from the finalisation 5.3%. Sunway Clio Hotel is new tion per unit forecasts by about
to lower order book recognition going jobs. of completed projects involving the (1.5 years) and needs time to be 2%. Hong Leong Investment
and lower gross profit margins. MHBs yard utilisation is ex- Malikai tension leg platform, F12 mature. Moreover, any additional Bank Research, Aug 4
Likewise, MHBs FY19F earnings pected to remain below 50% until Kumang, Besar, Bergading and Ba-
have been cut by 16%. the second quarter of 2018 (2Q18), ronia structures. These change or-
The significant forecast revisions when the RM1 billion Bokor central ders and higher marine jobs drove Sunway Real Estate Investment Trust
stem from the groups first-half processing platform project, expect- a 9% q-o-q increase in revenue to
(1HFY17) core net loss of RM13 mil- ed to be completed in 2Q20, has RM257 million. FYE JUNE (RM MIL) 2016A 2017E 2018F 2019F
lion (excluding unrealised foreign reached the steel-cutting thresh- Given that the group does not Revenue 507.0 531.1 568.5 590.7
exchange losses of RM18 million) old. Hence, we expect the groups account for any profit contribution NPI 373.9 384.5 412.0 427.7
being worse than expectations, ver- 2HFY17 losses to widen. As the until its projects have reached the Net invest income 447.4 391.7 416.0 431.7
sus our earlier FY17F net profit of group has not secured any sub- 50% completion stage, the Bokor
Normalised PAT 323.7 266.8 287.9 300.9
RM25 million and the consensus stantial orders over the past three job, which accounts for 63% of
RM22 million. The group did not months, MHBs outstanding order MHBs outstanding order book, is EPU (sen) 8.9 9.1 9.8 10.2
declare any interim dividend as book has dropped by 24% quar- unlikely to significantly contrib- EPU growth (%) 8.2 1.7 7.9 4.5
expected due to the losses. ter-on-quarter (q-o-q) from RM2.1 ute to the groups weak FY17 and Norm PER (x) 19.2 18.9 17.5 16.7
Recall that on April 27, we fore- billion to RM1.6 billion 1.6 times FY18 earnings prospects. Hence, EV/ Ebitda (x) 20.5 20.3 19.2 18.6
warned that MHB is likely to regis- FY17F revenue. the stock currently trades at a fair DPU (sen) 9.2 9.1 9.8 10.3
ter an FY17 loss unless the group Sequentially, MHBs 2QFY17 price-to-book value ratio of 0.5 Distb yield (%) 5.4 5.3 5.7 6.0
continues to significantly reduce core loss widened to RM8 million times due to the likelihood of fur-
BVPS (RM) 1.4 1.4 1.4 1.4
its operating costs and is able to q-o-q from RM5 million due to ther operating losses from the up-
recognise change orders of up to higher operational costs and de- stream sectors slow project roll- P/B (x) 1.2 1.2 1.2 1.2
RM50 million for completed pro- preciation, despite the recogni- outs. AmInvesment Bank, Aug 4 Source: HLIB Research

F&N sees exports as sales growth driver

Fraser & Neave Holdings Bhd Fraser & Neave Holdings Bhd to lift export sales to RM800 million
(Aug 4, RM24.74) by calendar year 2020 (CY20), but
Maintain hold call with an un- we think that it could easily achieve
changed target price (TP) of
F&N will leverage FYE SEPT (RM MIL) 2015A 2016A 2017F 2018F 2019F
the goal before this. One of the key
Revenue 4,108 4,168 4,363 4,559 4,762
RM23.20: Fraser & Neave Holdings on its halal status to Operating Ebitda 379.4 498.6 575.2 606.4 631.9 growth drivers of export sales would
Bhds (F&N) third quarter of finan- gain orders from the Net profit 234.3 385.4 388.4 408.5 428.2
be F&N leveraging on its halal sta-
cial year 2017 (3QFY17) revenue tus to gain orders from the Middle
declined 6.1% year-on-year (y-o-y)
Middle East market. Core EPS (RM) 0.66 0.98 1.09 1.15 1.20 East market, which would enable
to RM1 billion, while core net profit Core EPS growth (%) 36.5 49.2 11.1 5.2 4.8 the group to expand its export dis-
slid 15.8% y-o-y to RM80.2 million. FD core PER (x) 37.70 25.27 22.74 21.62 20.63 tribution network.
This brought nine-month (9MFY17) DPS (RM) 0.56 0.58 0.76 0.80 0.84 We make no changes to our
core net profit to RM313.8 million Dividend yield (%) 2.28 2.32 3.08 3.24 3.39 FY17 to FY19 earnings per share
(stripping out foreign exchange ing of its Malaysian business that EV/ebitda (X) 22.59 17.04 14.87 13.90 13.10 forecasts. We maintain our hold
losses of RM10.1 million), which saw revenue drop by 14% y-o-y to call with an unchanged discount-
P/FCFE (x) 40.59 24.88 39.13 21.14 19.33
was within expectations, at 81% RM592.5 million due to lacklustre ed cash flow-based TP of RM23.20.
of our and 78% of the consensus sales during the Hari Raya festive Net gearing (%) (6.0) (8.8) (5.4) (10.3) (15.7) The stock now trades at 21 times
full-year forecasts. We deem this season (weak consumer sentiment), P/BV (x) 4.71 4.44 4.20 3.97 3.75 CY18 forecast price-earnings ra-
in line as 4Q is usually the weakest compounded by intense pricing ROE (%) 13.1 18.1 19.0 18.9 18.7 tio, broadly in line with its histor-
quarter of the year due to a lack of competition in the soft drinks seg- CIMB/consensus EPS (x) 0.98 0.93 0.87 ical five-year mean. We think that
seasonal festivities. As expected, no ment. Sources: Company data, CIMB forecasts this is justified, given the groups
dividend was declared for 3QFY17. Its 9MFY17 earnings before inter- strong brand name, market lead-
F&Ns F&B Thailand unit expe- est and tax (Ebit) dropped 8.5% y-o-y ership position in the domestic
rienced a revenue growth of 6.9% to RM335.9 million. F&B Malaysia its Ebit fall by 2.4% y-o-y to RM52.8 points y-o-y to 7.9%. ready-to-drink market and good
y-o-y to RM448.6 million, despite saw its 9MFY17 Ebit plunge 61.3% million for 9MFY17, due to higher Exports now make up more than historical earnings track record. Key
lower sales volumes as a favourable y-o-y due to an increase in raw ma- raw material costs, partly mitigated 10% of F&Ns total revenue, and the upside/downside risks to our call
ringgit/Thai baht rate and higher terial costs (particularly for sugar) by cautious and lower trade spend- company has identified exports as are significant decreases/increases
export-boosted revenue. Howev- and higher restructuring costs. The ing. Overall, F&Ns 3QFY17 Ebit the groups main sales growth driver in key raw material prices. CIMB
er, this was offset by softer show- groups F&B Thailand unit also saw margin declined by 2.2% percentage for the next few years. F&N targets Research, Aug 4
MONDAY AU G U S T 7, 20 17 T HEED G E FINA NCIA L DA ILY
Najib: Rise with the
nation for SEA Games
He asks the people to do this with the Negaraku spirit
KUALA LUMPUR: Prime Minister
Datuk Seri Najib Razak called on
Malaysians to show support for
the upcoming 29th SEA Games
here (KL2017) through a Negaraku
Bangkit Bersama message, which
he wrote on the pledge car after
completing his torch run yester-
day morning in the run-up to the
biennial games.
Najib who did his run from the
Kuala Lumpur City Centre (KLCC)
grounds to Menara Naza in Per-
siaran KLCC, urged the people to
rise together with the Negaraku
I have a great
rapport with DPM
and PM, says
Hisham
KANGAR: UMNO vice-president Da-
tuk Seri Hishammuddin Hussein said
yesterday he had a good and strong
rapport with Deputy Prime Minister
Datuk Seri Dr Ahmad Zahid Hamidi
and Prime Minister Datuk Seri Najib
Razak and any effort by the opposi-
tion to make them fight with each
other will not work.
I have a great rapport with them.
Theres a serious responsibility en-
trusted on us to look after the party
and the government and we will not
allow any quarter to cause discord
among ourselves, he told reporters
after opening the Kangar Umno di-
visions delegates conference here
yesterday. Also present was the Kan-
gar Umno division chief, Datuk Seri
Azlan Man, who is also Perlis men-
teri besar.
Hishammuddin said more Umno
leaders would suffer political attacks
launched by the opposition.
My advice is, do not respond, but
[sometimes] we just could not keep
silent, we have to answer, he said.
He agreed with the call for former
prime minister Tun Dr Mahathir Mo-
hamad to be investigated just as he
had called for investigations to be car-
ried out on other government leaders.
On Saturday, Ahmad Zahid said
he was willing to be investigated by
the Malaysian Anti-Corruption Com-
mission (MACC) following Mahathirs
allegation that he (Ahmad Zahid)
had RM230 million in his bank ac-
count in 1996.
Ahmad Zahid then called on the
MACC to investigate the amount of
assets owned by the former prime
minister and his family.
Mahathir recently raised the issue
of the asset declaration that Ahmad
Zahid had made when he was ap-
pointed Umno Youth head, including
having RM230 million in his bank ac-
count. Mahathir, however, said he did
not have any documented evidence
of these claims. Bernama
spirit in support of KL2017 and
the Malaysian athletes compet-
ing in it.
The Peugeot 208 car was con-
tributed by Naza Group so that the
public could write their messages
on the body of the car to demon-
strate their support.
The KL2017 Torch Run started
at 9am when the prime minister
received the torch from Petroliam
Nasional Bhd (Petronas) chief ex-
ecutive officer (CEO) Datuk Wan
Zulkiflee Wan Ariffin at the grounds
of the Petronas Twin Towers.
NATIONAL SPIRIT ...Employees of the Public Works Department in the Batu Pahat district erecting a display board for the
slogan of Negaraku Sehati Sejiwa on the roof of their oce in preparation for National Month 2017 celebrations. Photo by Bernama
Set up advisory body for
Agong, Council of Rulers
PUTRAJAYA: A structural manage-
ment body comprising experts in
Islamic religious and current so-
cio-economic affairs should be
established as adviser to the Yang
di-Pertuan Agong and the Council
of Rulers.
The proposal was made by the
chairman of the Panel of Consult-
ants for Ummah Unity, National
Dakwah Council, Tan Sri Dr Ab-
dul Aziz Abdul Rahman, who said
that currently, there is no specific
advisory body for both the insti-
tutions that formed the backbone
of the country.
The torch was then carried
through the grounds of Traders
Hotel where Najib handed it to
his wife, Datin Seri Rosmah Man-
sor, and both continued the run
towards Menara Naza.
Upon reaching Menara Naza,
the torch was handed over to Naza
Group executive chairman and CEO,
SM Nasarudin SM Nasimuddin.
Federal Territories Minister
Datuk Seri Tengku Adnan Teng-
ku Mansor and Youth and Sports
Minister Khairy Jamaluddin and
their respective wives and 250 oth-
There should be a body that can
advise the ruler so that they can ful-
ly exercise their powers, he said at
a dialogue session in conjunction
with the Strengthening National
Pillar: Towards A More Tangible
Will convention here yesterday.
At the state level, Abdul Aziz
said the religious councils func-
tion which now focuses only on
religion should also be divided into
two, namely religious affairs and
socio-economic affairs of Muslims.
He said, based on his study, the
role of the ruler as the states Is-
lamic religious leader should also
ers participated in the 5.2km run.
Among the participants were
former national gymnastics queen
Farah Ann Abdul Hadi, national si-
lat athlete Mohd Al Jufferi Jamari
and former national badminton
ace, Foo Kok Keong.
After Menara Naza, the torch
was taken towards Menara KL,
passing through several locations
here before being taken to Putra-
jaya and then to its last destina-
tion, the National Stadium in Bukit
Jalil for the opening of KL2017.
Bernama
panded its presence in the sea
be divided into two and not focus
on religion alone.
In a proceedings paper entitled
Malaysian Constitution: Role and
Jurisdiction of the Rulers, he said
the power and highest roles held
by the rulers as enshrined in the
federal constitution and states,
as well as in national legislation,
were not understood by the people.
As there are not many activities
portraying the rulers or situations
in which they wield their powers,
the people have no chance to ob-
serve or be concerned about this,
he said. Bernama
H O M E 15
Common
language eludes
Asean members
in South China
Sea dispute
MANILA: Southeast Asian na-
tions were battling yesterday to
find a compromise on how to
deal with Chinese expansion-
ism in the South China Sea, with
Cambodia lobbying hard for
Beijing, diplomats said.
Asean foreign ministers
failed to release a joint state-
ment as scheduled on Saturday
evening, and tense follow-up
negotiations the next morning
could still not end the stand-off,
two diplomats involved in the
talks told AFP.
China claims nearly all of
the South China Sea, including
waters approaching the coasts
of Asean members Vietnam,
the Philippines, Malaysia and
Brunei.
The tense talks came after
Vietnam, which also claims
parts of the strategically vital
sea, insisted that tough language
be inserted into the statement
expressing concern over Chi-
nese land reclamation in the
contested waters.
Cambodia, one of Chinas
strongest allies within Asean,
had firmly resisted, according
to the diplomats involved in the
talks in the Philippine capital,
as well as an excerpt of a pro-
posed Cambodian resolution
obtained by AFP yesterday.
But the Philippines
is trying very hard to
broker compromise
language.
Vietnam is adamant and
China is effectively using Cam-
bodia to champion its interests,
one of the diplomats said.
But the Philippines is trying
very hard to broker compromise
language.
China has in recent years ex-
by building artificial islands,
which are capable of holding
military bases.
While senior officials pressed
on with negotiations on the sea
dispute yesterday, Asean foreign
ministers went into a round of
separate meetings with their
counterparts from China, the US
and other Asia-Pacific nations.
Asean and China were due to
approve a framework for a code
of conduct here yesterday on
how to deal with the sea dispute.
Analysts have cautioned not
to place too much significance
on the agreement on a frame-
work. They say it came 15 years
after negotiations on the issue
first began.
Diplomats said they were
still hoping the joint Asean
statement meant to be released
on Saturday would be agreed
on before all the other meet-
ings hosted by the bloc end
tomorrow. AFP
16 H O M E
Southern region blueprint
to drive Peraks economy
The plans include an auto sector in Muallim, a new airport, upgrading Lumut Port
KUALA LUMPUR: The Perak gov-
ernment has formulated a 20-year
master plan that will drive eco-
nomic development in the state
with a development value of up to
RM30 billion.
Perak Menteri Besar Datuk Seri
Dr Zambry Abdul Kadir said the
master plan known as Southern
Development Corridor 2017-2037
involves development projects cov-
ering Muallim district to Bagan
Datuk.
With this master plan, we are
able to plan a better and more co-
Anifah holds
TN50 dialogue
in Manila
KUALA LUMPUR: Foreign Min-
ister Datuk Seri Anifah Aman
held a National Transformation
2050 (TN50) dialogue with Ma-
laysians in Manila on Saturday.
Wisma Putra said in a state-
ment yesterday the event was
the second TN50 dialogue by
the minister involving Malay-
sians abroad, with the first be-
ing held in London on July 7.
According to the statement,
the event was warmly received
and attended by more than 70
Malaysians currently residing
in the Philippines in which par-
ticipants engaged in a robust
discussion and shared their
aspirations for Malaysias fu-
ture. The participants shared
their aspirations for the people
in 2050, to embrace a national
identity as Malaysians, while at
the same time preserving the
various cultures in a multi-eth-
nic fabric.
The participants also empha-
sised the importance of having
an inclusive national programme
and policies which will not be
based on racial division, it said.
The statement said the is-
sues pertaining to conserva-
tion of the environment, im-
provement of rural healthcare
facilities, transparent media re-
porting as well as balanced and
positive family development
were also raised as key features
to be included in the new trans-
formation programme. These
TN50 dialogues are part of the
initiative under the National
Blue Ocean Strategy, with An-
ifah appointed as the segment
leader to spearhead the TN50
engagements with the Malay-
sian diaspora.
Prime Minister Datuk Seri
Najib Razak announced TN50
as the new vision for Malaysia
in October 2016 when tabling
Budget 2017 . Bernama
hesive development for the state
of Perak. We want to develop and
industrialise Perak.
In terms of economic impact,
the developments will stimulate
Peraks economy by some RM20
billion to RM30 billion in total,
he told Bernama in an interview
recently.
Zambry said the planning of the
master plan was formulated inclu-
sively by focusing on areas with
potential which had received less
attention in terms of development
such as Bagan Datuk.
BIKE AND RIDE ... Participants of the Prasarana Malaysia Bhd cycling team using the light rail transit (LRT) during the
launching of the Bike and Ride programme at the Bandaraya LRT station in Kuala Lumpur yesterday. Under the programme, cyclists
can take full-sized bicycles onto the LRT on the rst and third Sundays of the month from 6am to 10am for the Kuala Lumpur car-free
morning event. Photo by Bernama
Civil Defence Force wants more
civil servants to volunteer
SINTOK, Kedah: The Civil Defence
Force (APM) is looking to attract
more volunteers among civil serv-
ants to increase the strength of the
force which now has 1.4 million
members nationwide.
Minister in the Prime Ministers
Department Datuk Seri Dr Shahidan
Kassim said the effort is to ensure that
the force would be fully prepared for
emergencies, especially in facing nat-
ural disasters, such as floods which
occur during the monsoon season be-
tween October and February. Right
now, the APM, through its senior
officers, is waiting to enter govern-
ment departments and agencies
He said among the main devel-
opment plans include developing
the automotive sector in Muallim,
a new district created in Perak, up-
grading the Lumut Port and build-
ing a new airport near Ipoh.
Besides that, the master plan
also has thrusts to propel the de-
velopment of other industries such
as agriculture, education and ship-
ping, he said.
We want sustainable devel-
opment in line with the states
slogan Tiada Tertinggal, Tiada
Terpinggir (None left out, none
[to register new volunteers], but
we have some restrictions in terms
of manpower.
Once we have registered them, we
will plan our strategies to face disas-
ters and the monsoon season, he told
reporters after opening the commis-
sioning ceremony of the Student Civil
Defence (Sispa) Corps of Institutions
of Higher Learning 2017 at Universiti
Utara Malaysia here yesterday.
Shahidan, who is also chairman
of the National Security Council,
said the APM had managed to reg-
ister over 400,000 new members
over the past few months and that
he was confident the force could
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY
sidelined), he said.
Zambry said the initiative to de-
velop the southern region of Perak
received the full support from the
Northern Corridor Implementation
Agency which recently agreed to
broaden its region up to the Hilir
Perak district.
He was confident that the mas-
ter plan for the region, located near
the Klang Valley, would be able to
generate jobs in various economic
activities, as well as attract investor
interest, both local and foreign.
Bernama
achieve the target to register two
million members by end of this
year and three million next year.
We have the second highest
membership after Rela (Peoples
Volunteer Corps). Now, we call on
volunteers, either from charity or-
ganisations or religious bodies, to
also register as APM volunteers, so
that they can be trained with some
rescuing skills and knowledge, the
minister said.
In his speech earlier, Shahidan
also proposed for Sispa Corps to
be renamed APM Undergraduate
Corps to make it more identifiable
by the public. Bernama
Cross-country
cycling journey
to promote
unity, unearth
stories of hope
KUALA LUMPUR: Armed with
a spirit of promoting unity,
about 40 cyclists embarked
on the first leg (57km) of a
journey across the country,
making their first pit stop at
IOI City Mall in Putrajaya.
The Projek57 Unity Ride,
which was flagged off from
Dataran Merdeka here yes-
terday morning, will consist
of nine legs across the pen-
insula, Sabah and Sarawak.
With the upcoming Merde-
ka and Malaysia Day celebra-
tions, the cyclists will travel
nationwide until Sept 16, with
an aim to unearth stories of
hope, unity, bonds and rela-
tionships among Malaysians.
We are inspired by the vi-
sion of our first prime minister
Tunku Abdul Rahman Putra
Al-Haj, who said, Our future
depends on how well many
different kinds of people can
live and work together.
Unity is something we
cannot take for granted. We
live in a beautiful country and
subconsciously whether we
realise it or not, we love our
diversity, Projek57 founder
Syed Sadiq Albar told Ber-
nama during the launching
event.
The cyclists were flagged
off in front of the Sultan Ab-
dul Samad Building here by
former Land Public Transport
Commission chairman Tan Sri
Dr Syed Hamid Syed Jaafar
Albar and Eco World Devel-
opment Group Bhd (EcoW-
orld) executive director Liew
Tian Xiong.
Projek57 was founded by
Syed Sadiq and Collin Swee
in August 2015 to promote
unity in the country by vari-
ous fun-filled activities.
A cyclist, Loo Chin Jun,
38, who took part in the Unity
Ride, hoped to see the whole
of Malaysia united through
such events. I just would like
to see people come together,
forget about their skin col-
our, and focus on making our
country stronger through the
elements of unity, said Loo,
a media practitioner.
The event is expected to
see the participation of some
100 cyclists from different
states throughout the coun-
try, including Kampar in Per-
ak, Penang, and Kota Tinggi,
Johor.
Projek57 Unity Ride is held
in partnership with EcoW-
orld. Allianz Malaysia Bhd
and Touch n Go Sdn Bhd,
alongside 16 affiliate partners.
For more information on
the Unity Ride Campaign and
Projek57, visit www.projek57.
com, www.unityride.com.my
or the Projek57 Facebook page
at www.facebook.com/pro-
jek57 and Instagram at www.
instagram.com/projek57.
Bernama
MONDAY AU G U S T 7, 20 17 T HEED G E FINA NCIA L DA ILY
Macroeconomic risks for oil
Such hazards will become progressively more important in 2019 and 2020
BY JOHN KEMP
T
he global oil industry
now appears to be in the
early stages of a cyclical
expansion which is like-
ly to see prices rise over
the next few years, slow-
ly at first but then accelerating later.
Deep and long cycles in oil prices
have been the defining characteristic
of the industry since the 1860s (Crude
volatility: the history and the future of
boom-bust oil prices, McNally, 2017).
The boom-bust cycle which start-
ed in late 1998, with prices briefly be-
low US$10 per barrel, and was only
briefly interrupted by the recession
of 2008/09, ended in January 2016,
with prices briefly below US$28.
In the 18 months since then, the
industry has returned to an expan-
sion phase, with a gradual increase
in prices and drilling activity, much
of it centred on the shale plays of
North America.
Most of the industrys cyclical in-
dicators (production, consumption,
stocks, investment, employment,
prices, and costs) point to a sustained
upswing in activity that is likely to con-
tinue in the short and medium term.
Expansion phase
Forecasting future movements in oil
prices will always be subject to an
enormous amount of uncertainty
owing to the complex and non-lin-
ear dynamics of the oil market and
all its sub-systems.
Tesla goes from zero to 100 in three months
BY LIAM DENNING
TESLA went from zero to 100 in
three months which, granted,
does not sound that impressive.
Without it, though, the electric-car
pioneer might not have beaten
earnings forecasts this week.
I am referring to zero-emission
vehicle (ZEV), credits. California and
several other states require that a
certain proportion of vehicles sold by
an automaker emit no greenhouse
gases. These cars earn the automak-
er credits, and if they do not have
enough to meet their quota, they can
buy extra ones from someone who
does. As Tesla only makes vehicles
that run on batteries and emit noth-
ing, it usually has a surplus for sale.
In the second quarter, Tesla
earned US$100 million (RM428 mil-
lion) in revenue from selling ZEV
credits, having sold none in the prior
quarter. The profit margin on these
is very high, perhaps 95%. The im-
plied US$95 million of profit equates
to about 58 US cents a share. Tesla
reported a loss of US$1.33 per share
Weve never been any good at
predicting these cycles, neither when
they occur nor their duration. We
dont spend a lot of time even trying,
Rex Tillerson observed in 2016, when
he was still chief executive of Exxon.
How the future is going to look,
we take no particular view on it,
other than to recognise that what-
ever it is today it will be different
sometime in the future, and after
that it will be different again.
Price predictions have proved a
regular graveyard for the reputations
of even the most skilled oil analysts.
But with the oil industry just
emerging from the deepest slump
in a generation, cyclical positioning
strongly suggests that prices are
more likely to move higher rather
than lower in the next few years.
The industrys costs, which have
always been pro-cyclical, are also
likely to rise as the slack carried over
from the downturn is absorbed and
the supply chain tightens.
The main uncertainty centres
on how far and how fast oil prices
and the industrys costs will rise in
the years ahead.
Experience suggests the expansion
is often slow and faltering at first and
then accelerates as inherited slack is
used up; memories of the downturn
fade and confidence improves.
Too fast, too soon
The principal risk in the short term
is that prices and drilling rise too far
too quickly, overwhelming growth
in consumption, and sending the
industry back into a slump.
Something like this occurred in
this week beating the consensus
forecast by 55 US cents.
This is not the only time ZEV
credits have played a big role for Te-
sla. Looking back to early 2013, sell-
ing credits has given Teslas earn-
ings extra oomph in many quarters.
One notable period there is the
third quarter of 2016. This was the
one where chief executive officer
Elon Musk exhorted his employees
to throw a pie in the face of Tes-
las critics by delivering thumping
the first half of 2017, with private
equity investors, shale producers
and hedge funds all trying to antici-
pate a cyclical recovery and pushing
drilling rates and oil prices too high.
The result has been an inevitable
setback, with oil prices falling from
their peak in February, rig counts
apparently reaching a temporary
plateau, and more cautious posi-
tioning from hedge fund managers.
The long-term cyclical recov-
ery is likely to see more of these
mini-cycles, as oil prices, capital
investment, hedge fund positions
and drilling expand unsustainably
and then fall back.
The basic trajectory, however,
should remain one of a long cycli-
cal upswing over the next few years.
Business cycle
The principal medium-term risk
comes from the global economy,
with the increasing probability of
a recession in the advanced econ-
omies sometime before the end of
the decade.
The current economic backdrop
is exceptionally favourable for the
oil industry, with a sustained ex-
pansion in business activity and a
gradual acceleration in trade flows
in most regions of the world.
But the major economies, like the
oil industry, are subject to long and
deep cycles in activity, which have
an impact on oil demand and prices.
Unlike the oil industry cycle,
which is in the early stages of ex-
pansion, the macroeconomic cycle
in many of the advanced economies
looks increasingly mature.
results. It worked, although at the
cash-flow level it also owed quite
a bit to suppliers.
But ZEVs provided a big tailwind:
At US$139 million, Tesla booked
more revenue from selling the cred-
its that quarter than any other. Us-
ing my margin assumption, they
added 84 US cents per share to
earnings, turning a loss of 13 US
cents into a profit of 71 US cents.
To be clear, there is some dou-
ble-counting here because analysts
The US economy has expand-
ed for 98 months, since hitting a
trough in June 2009, according to
the National Bureau of Economic
Researchs Business Cycle Dating
Committee
The cyclical business expansion
is already the third longest on re-
cord and will become the longest
if the economy is still expanding
in July 2019, surpassing the long
boom of the 1990s.
There is a lively debate among
economists about whether business
cycles die of natural causes (be-
cause of accumulating imbalances
in investment, inventories and fi-
nancial markets) or are murdered
by policymakers to control inflation
or as a result of policymaking errors.
Moreover, the expansion phase
of business cycles seems to have
been getting longer, perhaps be-
cause businesses are getting better
at managing investment plans and
inventories, or because policymak-
ers have a better understanding of
how the economy works.
Recession risk
The current economic expansion
was preceded by the deepest slump
since the 1930s in the US, so the
economy started with more slack
than usual, which may make the
expansion sustainable for longer.
Nonetheless, the expansion
in the US and some other major
economies is starting to look fairly
mature, with low levels of unem-
ployment, high business profits,
and signs of frothiness in financial
markets.
factor some ZEV sales into their
forecasts, and I do not know what
the consensus is for that particular
line item. The range of estimates is
likely to be fairly wide, because Te-
slas pattern of booking ZEV sales
looks pretty random.
For example, Barclays ana-
lyst Brian Johnson was forecast-
ing US$15 million of ZEV revenue
ahead of the latest quarters results,
while Morgan Stanleys Adam Jo-
nas had pencilled in about US$33
COMMENT 17
For the US Federal Reserve and
most other major central banks, the
question is not whether to tighten
monetary conditions, which remain
very accommodative, but how soon
and how aggressively.
It is not safe to project current
economic and financial conditions
unchanged into the future without
recognising the economy is subject
to almost as much cyclical variabil-
ity as the oil industry itself.
So any medium-term forecast
for the oil industry must take into
account the increasing probability
of a slowdown if not a recession in
the advanced economies towards
the end of the decade.
It is an open question whether a
cyclical downturn in the advanced
economies would spill over into
developing economies that now
account for more than half of global
oil demand.
But in an integrated global trad-
ing and financial system there is a
strong likelihood a slowdown in
the US and other major economies
would spread, magnifying the im-
pact on the oil industry.
The challenge for the oil industry
is that its own early or mid-stage
cyclical expansion could coincide
with the late-stage of the macroeco-
nomic cycle in the advanced econ-
omies and a tightening of global
credit conditions.
Risks from the macroeconomy
are probably fairly limited in 2018,
but will become progressively more
important in 2019 and 2020 as the
business cycle becomes increas-
ingly mature. Reuters
million (see chart Stop And Go).
So if we could strip out analysts
assumptions for ZEV revenue, con-
sensus forecasts would be a bit
lower than they actually are.
Still, it is clear ZEV, and other
credits based on limiting green-
house gases, have played a signif-
icant role in Teslas bottom line.
Based on that assumed margin,
they helped get Teslas annual earn-
ings into the black in 2013 and 2014
and mitigated losses in other years.
For investors, there is nothing
wrong with Tesla making money
from ZEVs. But it is a complicated
perk. Earnings expectations for Tesla
are highly malleable things anyway:
A year before last Wednesday, ana-
lysts were forecasting a second-quar-
ter profit of 63 US cents a share, but
that had come down to an expect-
ed loss of US$1.88 by the time the
numbers actually hit, according to
data compiled by Bloomberg. The
ZEV factor adds a whole other layer
of complexity to that, and one that
can play an outsize role.
Against this, it is worth remem-
bering that, on an important level,
Teslas earnings do not really matter
anyway. Bloomberg
18 W O R L D B U S I N E S S
Qatar deposits not extended
Gulf banks are concerned about repercussions from their governments sources
DUBAI: Foreign deposits at Qatars
banks may fall further after drop-
ping the most in almost two years
in June as some Gulf lenders refuse
to roll over holdings, people with
knowledge of the matter said.
Some banks based in Saudi Ara-
bia, the United Arab Emirates, Bah-
rain and Egypt arent extending
deposits with Qatari lenders when
they mature, said the people, ask-
Sydney meets
Shandong in
US$2.5b share sale
BY Q U E N TI N WEB B
HONG KONG: The commodity busi-
ness is often about blending different
grades of coal, iron ore or crude oil.
Yancoal Australias US$2.5 billion
(RM10.7 billion) share sale is a more
exotic alloy, mixing Australian pub-
lic company procedure and Chinese
state capitalism.
The group is buying Rio Tintos
Coal & Allied unit for US$2.7 billion.
It saw off a counterbid from Switzer-
land's Glencore, then struck a truce
that lets the trading giant into the deal.
Yancoal will be ultimately controlled
by officials in province of Shandong .
Then a US$2.35 billion rights is-
sue and US$150 million placement
are the solution. The deal will mas-
sively dilute existing shares in the
sub-US$200 million small-cap; in-
vestors can buy nearly 24 shares for
every existing security they own, at a
near-68% discount to last Monday's
closing price. But the slim 4.6% dis-
count to the theoretical ex-rights
price gives investors little incentive to
do so. It might not matter much. Yan-
coal has few institutional supporters,
and is 78% owned by Yanzhou Coal
Mining, the Chinese-listed arm of
a state-owned enterprise. Another
13% belongs to Noble Group which
reportedly opposes this deal.
So Yanzhou, which is sticking in
US$1 billion, found some unusual
underwriters: state-owned bad-debt
manager Cinda, Glencore, and Lu-
cion, a Yanzhou associate.
Using this trio rather than banks
suggests Yanzhou expects limited
take-up. Yancoal was the first Chi-
nese state-owned enterprise to list
in Sydney, a national interest hoop
Australias treasurer made it jump
through to get a 2009 takeover ap-
proved. That requirement has been
of questionable value.
The enlarged group will be a bigger
player in coal, with a larger dollar val-
ue of tradeable stock, and a healthier
balance sheet. Yet this looks like an-
other victory of form over substance.
A free float of somewhere between
2% and 22%, depending on investor
appetite, will still be too small for in-
dex inclusion. This is a state-driven
Chinese deal to which the veneer of
a public company rights issue has
been applied. Think of it as Shan-
dong blended with Sydney. Reuters
ing not to be identified because the
information is private. These banks
are concerned that they could face
repercussions from their govern-
ments for continuing business re-
lations with Qatar after they cut ties
with the country, the people said.
Lenders are also struggling to re-
patriate funds because their coun-
terparts in Qatar arent swapping
riyals into dollars, two of the peo-
UK ready to pay up to 40b to leave EU
BY DAV ID M ILLIKEN
LONDON: Britain is prepared to
pay up to 40 billion (RM201.45
billion) as part of a deal to leave the
European Union (EU), the Sunday
Telegraph newspaper reported, cit-
ing three unnamed sources familiar
with Britains negotiating strategy.
The EU has floated a figure of
60 billion and wants significant
progress on settling Britains liabil-
ities before talks can start on com-
plex issues such as future trading
arrangements.
The government department re-
sponsible for Brexit talks declined
to comment on the Sunday Tele-
graph article.
Bond traders respect job gains; but ination make-or-break
NEW YORK: If the latest US payroll
report wasnt strong enough to rat-
tle the bond bulls, this weeks infla-
tion data may do the trick.
Employers added an above-fore-
cast 209,000 workers in July and
the jobless rate matched a 16-year
low. Bank of America Corp said the
report had everything you could
ask for and Jefferies LLC dubbed
it rock solid. Yet even as 10-year
Treasury yields rose last Friday,
they still ended the week lower, as
traders looked to this weeks infla-
ple said. Banks can either roll over
their riyal deposits or convert them
into dollars in the offshore market
where they get a worse exchange
rate than Qatars pegged official
rate, they said.
Gulf-based banks placed de-
posits with the 18 lenders in the
worlds biggest liquefied natural gas
exporting nation earlier this year as
its local interbank rate reached the
The newspaper said British offi-
cials were likely to offer to pay 10
billion a year for three years after
leaving the EU in March 2019, then
finalise the total alongside detailed
trade talks.
Payments would only be made
as part of a deal that includes a
trade agreement, the newspaper
added.
Whitehall is the London district
where British civil servants and
ministers are based.
We know [the EUs] position is
60 billion, but the actual bottom
line is 50 billion. Ours is closer to
30 billion, but the actual landing
zone is 40 billion, even if the public
and politicians are not all there yet,
tion data as a better barometer of
whether the US Federal Reserve
(Fed) can hike again in 2017.
Right now theyre sceptical, with
the market-implied odds of more
tightening by year end below 50%,
in part because price growth has
held stubbornly under the Feds
2% goal. Given the disappointing
inflation readings in recent months,
yield may rise if this weeks figure
merely hits its mark, said Gennadiy
Goldberg, an interest-rate strategist
at TD Securities.
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY
highest in the region. Non-resident
deposits in Qatari banks in June
posted their biggest decline since
November 2015.
Foreign deposits dropped 7.6%
to 170.6 billion riyals (RM201.16
billion) from a month earlier, ac-
cording to central bank data. Over-
all deposits climbed 1.1%, helped
by a jump in domestic funds.
Bloomberg
the newspaper quoted one senior
Whitehall source as saying.
A second Whitehall source said
Britains bottom line was 30 billion
to 40 billion, and a third source said
Prime Minister Theresa May was will-
ing to pay north of 30 billion, the
Sunday Telegraph reported.
David Davis, the British minister
in charge of Brexit talks, said on July
20 that Britain would honour its ob-
ligations to the EU, but declined to
confirm that Brexit would require
net payments.
British foreign secretary Boris
Johnson, a leading Brexit advocate,
said last month the EU could go
whistle if it made extortionate
demands for payment. Reuters
The market has paid a lot more
attention to inflation than in recent
years, simply because that has the
potential to be what changes the
Feds mind on further rate hikes,
Goldberg said. This weeks report
has a pretty substantial amount
of power to push rates to annual
lows or getting us off those lows
and pushing rates higher.
The 10-year yield will start the
week at 2.26%, about 16 basis points
above its lowest level of 2017.
Bloomberg
IN BRIEF
Indonesia, Russia sign
MoU to trade palm, coee
for Sukhoi jets
JAKARTA: Indonesian state
trading company PT Perusa-
haan Perdagangan Indonesia
and Russian state conglomer-
ate Rostec have signed a pre-
liminary deal to trade Sukhoi
SU-35 jets for commodities
like palm oil and coffee, the
Indonesian trade ministry
said. A memorandum of un-
derstanding (MoU) was signed
in Moscow and further details
of the expected deal will be an-
nounced in the coming days
by the Indonesian trade and
defence ministers, Indonesian
trade ministry official Imam
Pambagyo said yesterday. Rus-
sia is currently facing a new
round of US-imposed trade
sanctions, while Indonesia is
trying to promote its palm oil
products amid threats of a cut
in consumption by European
Union countries. Indonesia had
a US$411 million trade surplus
with Russia in 2016. Reuters
US cable rms embrace
Netix as TV viewing
shifts
LOS ANGELES/NEW YORK:
A growing number of US ca-
ble operators are forming al-
liances with Netflix Inc, a shift
that is helping the streaming
pioneer add customers as its
largest single market matures.
No 3 distributor Charter Com-
munications Inc is expected to
make Netflix available through
its set-top boxes, joining more
than a dozen top US pay tel-
evision operators adopting a
model first rolled out in Europe.
Some US providers could start
selling the streaming service as
part of their Internet and video
packages. Altice NV is trying
that approach in France, and
the company aims to extend
the deal to the US, two sources
with knowledge of the matter
said. Reuters
Audi added to German
diesel investigation
BERLIN: Volkswagen AGs Audi
unit was made a party to the
diesel-emission probe by Mu-
nich prosecutors, a step that
may allow the seizure of prof-
its the company made from
selling vehicles with rigged
engines. Munich prosecutors
investigating Audi employees
for fraud have formally add-
ed the carmaker to a related
inquiry looking into wheth-
er executives neglected their
supervisory duties allowing
the cheating to happen, Karin
Jung, a spokesman for the in-
vestigators, said in an emailed
statement. Bloomberg
Nissan workers vote
against UAW
CHICAGO: Nissan Motor Co
workers dealt the United Auto
Workers (UAW) another blow
in its decades-long attempt to
organise Japanese automakers
US car plants, as employees
at a Mississippi factory voted
against joining the union.
Bloomberg
MONDAY AU G U S T 7, 20 17 T HEED G E FINA NCIA L DA ILY
Indonesian
official
orders forest
burners
be shot
JAKARTA: A military official
in the Indonesian province of
Jambi said on Saturday he has
ordered that anyone who delib-
erately sets fire to forest areas
be shot, as authorities strug-
gle to contain fires that cause
choking smoke in the region.
Five Indonesian provinces
have declared emergencies be-
cause of forest fires, according to
Indonesias disaster mitigation
agency (BNPB), with the number
of hotspots steadily increasing in
many areas over the past week.
The BNPB is working with
many government branches,
including the military, to con-
tain the fires. Indonesian media
have reported that authorities
in the neighbouring province
of South Sumatra, also on the
island of Sumatra, had issued
the same order.
This is to stress a point to
the people, who have been
warned many, many times,
said Colonel Refrizal, com-
mander of the forest fire task
force in Jambi. [This is] to show
our firmness and seriousness.
The order would be carried out
responsibly, said Refrizal, who
goes by one name.
BNPB spokesman Sutopo
Purwo Nugroho said on Twitter
the Jambi task force was work-
ing to extinguish a fire covering
an area of 10ha.
Nugroho also said authori-
ties had found one area in Jam-
bi that had been intentionally
burned by its owner.
The number of hotspots
had increased to 239 by July
30, from 173 hotspots three
days earlier, according to the
BNPB. The agency had previ-
ously warned that the threat
of forest fires would escalate,
with the dry season expected
to peak in September.
Indonesia is regularly hit
by forest fires, which can re-
sult in choking smoke blowing
across to neighbouring coun-
tries like Singapore and Ma-
laysia. Reuters
Singapore PMs nephew says will not return home to face charges
BY S AM H O L MES
SINGAPORE: The nephew of Sin-
gapores prime minister, who fac-
es contempt of court proceedings
for comments he made suggesting
the city-states courts were not in-
dependent, said he would not be
returning to Singapore.
The office of Singapores attorney
general said last Friday it would be-
gin contempt of court proceedings
against Li Shengwu, a US-based
academic, over Facebook posts he
made on July 15.
China confident
N Korea sanctions work
Wang urged Ri to calmly react to measures to curb its exports
BY KEITH ZHAI
& KAM BIZ FOROOHAR
SINGAPORE/NEW YORK: China
expressed confidence that new UN
sanctions would help bring North
Korea to the negotiating table to
end its push for nuclear weapons
and ballistic missiles.
Foreign Minister Wang Yi
urged North Korean counter-
part Ri Yong-ho to calmly react
to measures to curb its exports
when they met yesterday in Ma-
nila, where diplomats from more
than 20 countries are attending a
security forum. Wang also called
for the US and South Korea to
reduce tensions, shortly after
US Secretary of State Rex Till-
UNDERWATER ADVENTURE ... A woman pretending to ride a bike in the Underwater Park Verudela in Pula,
Croatia on Aug 1. Situated just below Hotel Brioni in Verudela, Pula on the Istrian coast, is a 200 sq m underwater park oering
tourists and locals the fun at a depth of up to 4m. With an innovative 40kg helmet that keeps you under the surface and enables you
to breathe underwater, you can walk around freely to explore the hidden underwater world and experience the aquatic ora and
fauna besides discovering ruins and artefacts buried under the sea. Photo by Reuters
The legal move is the latest twist
in a family feud over the fate of the
house left by the late Singapore
founding father Lee Kuan Yew that
gripped the nation last month.
It comes days ahead of Singa-
pores National Day celebrations
next week, when the prime minister
delivers an annual address to the
5.6 million residents of one of the
worlds five richest nations based on
per capital gross domestic product.
In his post, Li, nephew of Prime
Minister Lee Hsien Loong and a son
of Lees brother, Lee Hsien Yang, de-
erson met his counterpart Kang
Kyung-wha.
The goal is to effectively block the
DPRKs nuclear development pro-
cess, Wang told reporters. Sanctions
are needed but not the ultimate goal.
The purpose is to pull the peninsula
nuclear issue back to the negotiating
table, and to seek a final solution.
As North Koreas main ally and
biggest trading partner, Chinas role
is crucial to pressuring leader Kim
Jong-un into halting his push for a
nuclear-tipped missile that can hit
the US mainland. Many analysts see
his programme as too advanced for
sanctions to make much difference,
and doubt he will ever completely
give up his nuclear weapons.
You need deeper sanctions over
scribed the Singapore government as
litigious and its courts as pliant.
Li, 32, is currently a junior fellow at
Harvard University and told Reuters
on Saturday from the US he expected
to start an assistant professor position
with the university in the fall of 2018.
I have no intention of going
back to Singapore. I have a happy
life and a fulfilling job in the US,
he said in an interview, adding he
would defend himself through le-
gal representation in Singapore.
The public spat between the Lee
siblings, children of Lee Kuan Yew,
a longer period of time, like years,
before you can see if North Korea
changes its behaviour, Thomas
Byrne, president of the New York-
based Korea Society, said in a tele-
phone interview. The sanctions
will have an economic impact but
little effect on the strategic intent
to develop ballistic missiles.
The penalties agreed to on Sat-
urday by all the 15 UN Security
Council members aim to cut North
Korean exports by about US$1 bil-
lion (RM4.28 billion) a year. The
prohibition against North Korean
coal, iron, lead and seafood came in
response to Pyongyangs testing of
two intercontinental ballistic mis-
siles last month that could target
the US. Bloomberg
flared in June over the future of the
family home, in which the founding
prime minister, who died at the age
of 91 in 2015, lived for most of his life.
Lee Hsien Yang and sister Lee
Wei Ling accused their elder broth-
er of abusing power to try to save
the house as a historic monument
in defiance of his fathers wishes.
That prompted the prime min-
ister to call an extraordinary spe-
cial sitting of parliament in July to
clear the air over an issue that
some people say has tarnished Sin-
gapores image.
W O R L D 19
IN BRIEF
US calls o rescue for
three missing marines
SYDNEY: The US Marine Corps
yesterday called off efforts to res-
cue three missing service mem-
bers after an American military
aircraft crashed off Australia.
Twenty-three personnel were
quickly saved following Satur-
days incident involving a MV-22
Osprey tilt-rotor, the main assault
support aircraft for the Marines.
But three marines remain miss-
ing despite an air and sea search.
Operations have now shifted to
recovery efforts. The next-of-kin
for the three missing Marines
have been notified, US Marines
based in Japan said in a state-
ment. As the sea state permits,
recovery efforts will be conduct-
ed to further search, assess and
survey the area, in coordination
and with assistance from the Aus-
tralian Defence Force. AFP
Syria army advances
against IS monitor
BEIRUT: Syrian government
troops advanced overnight
against the Islamic State (IS)
group in the countrys north
and centre, drawing closer to
the key battleground of Deir
Ezzor, a monitor said. The Syr-
ian Observatory for Human
Rights, a Britain-based mon-
itor, said the army had made
significant progress south of
Raqa city. There is now just
4km between regime forces
and the town of Madan, which
is the last town controlled by
IS in the Raqa countryside,
the Observatory said. Madan
lies next to the border between
Raqa province and Deir Ez-
zor, an eastern province that
is mostly held by IS. AFP
Guatemala prison
clash leaves one dead
GUATEMALA CITY: One pris-
oner died and five were injured
in a clash involving some 50
inmates in Guatemala, state
prison authorities said. Special
forces of the Pavon Prison, lo-
cated just outside the countrys
capital, intervened to regain
control of the institution that
houses some 4,000 inmates,
prison system spokesman Rudy
Esquivel told journalists. He
said the cause of the clash was
under investigation, adding
that victims showed signs of
blows and wounds presum-
ably caused by knives. AFP
Li said the prosecution against
him was politically motivated.
The Attorney Generals Cham-
bers explicitly mentioned both my
family relationships and recent
political events in their cease and
desist letter, said Li.
I would like to spend my time
doing research, but have some-
how been swept into my uncle Lee
Hsien Loongs personal political
vendetta.
A spokesman for the Prime Min-
isters Office declined to comment
on the matter. Reuters
20 H O M E B U S I N E S S M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY

SUCCESSFUL LAUNCH ... (From left) Bank Negara Malaysia governor Datuk Muhammad Ibrahim, Sabah Chief Minister Musa Aman, CIMB Group chief executive ocer Tengku Datuk Seri Zafrul Aziz, consumer
banking CEO Samir Gupta, and CIMB Bank consumer sales and distribution head Nor Azmi Md Yusof at the CIMB booth demonstration of the Electronic Virtual Assistant mobile banking application following the launch of the
Karnival Kewangan Sabah 2017 in Kota Kinabalu, Sabah on Aug 4.

1 2

3 4

WEEK IN FOCUS
1 Chinas Ambassador to Malaysia Dr Huang
Huikang (third from left) shaking hands
with CRRC Corp Ltd chairman Liu Hua-
long at the signing ceremony for the third
light rail transit (LRT3) work package
awarded by Prasarana Malaysia Bhd to a
consortium comprising CRRC Zhuzhou
Locomotive Co Ltd, Siemens Ltd China,
and Tegap Dinamik Sdn Bhd on Aug 2.
Under the work package, the CRRC-led
consortium will be responsible for the
design, manufacture, supply, delivery,
installation, testing, and commissioning
of 42 six-car light rail vehicles for the LRT3
project. Photo by Kenny Yap
Besar Datuk Seri Mohamed Khaled Nordin,
S P Setia Bhd president and chief executive
officer Datuk Khor Chap Jen, and Tiram
assemblyman Datuk Maulizan Bujang at
a ceremony for balloting and handover of
keys for S P Setias affordable housing pro-
ject Rumah Mampu Milik Johor (RMMJ)
in Johor Baru on Aug 4. In support of Johor
state governments call to cater to demand
for affordable housing, S P Setia has de-
veloped a total of 490 units of two-storey
clustered terrace homes under the RMMJ
initiative, namely Sri Senja (236 units) and
Sri Embun (254 units).
Indonesia tourism ministry profession-
al staff to the minister on tourism infra-
structure Judi Rifajantoro, and Indonesia
Cauldron at the Kuala Lumpur 2017 Torch
Run to AirAsia RedQ in Selangor on Aug
4. AirAsia is the official airline partner
AirAsia commercial director Rifai Taberi and Gold Sponsor for the upcoming 29th
at the official launch of the partnership SEA Games and ninth Asean Para Games
between the Indonesia tourism ministry in Kuala Lumpur, collectively known as
and AirAsia on Aug 1. AirAsia is not only Kuala Lumpur 2017.
looking for increased revenue from the tie-
up, but also an opportunity to contribute
to the social cohesion between Malaysia
and Indonesia, according to Aireen.
5 Taipei Economic and Cultural Office in Ma-
laysia (Teco Malaysia) representative His
Excellency James Chang Chi Ping (centre)
sharing a light moment with some of the
4 (From left) Deputy Youth and Sports
Minister Datuk M Saravanan, AirAsia Bhd
executive chairman and AirAsia X chief
Taiwan scholarship recipients and their
parents at a scholarship award presentation
held by Teco Malaysia in Kuala Lumpur

2 (From left) Johor state executive council

chairman for housing and local govern-
3 (From second left) Indonesia tourism
ment Datuk Md Jais Sarday, Johor Menteri
ministry senior adviser to the minister for
air accessibility Robert D Waloni, AirAsia
Bhd chief executive officer Aireen Omar,
executive officer (CEO) Datuk Kamarudin
Meranun and AirAsia Group CEO Tan Sri
Tony Fernandes lighting up the AirAsia
recently. A total of 38 Malaysian students
were awarded Ministry of Education Tai-
wan Scholarships and Huayu Enrichment
Southeast Asian Games (SEA Games) Scholarships to pursue academic degrees
MONDAY AU G U S T 7, 20 17 T HE ED G E FINA NCIA L DA ILY
5 6
7 8
9 10
and short-term Mandarin courses in Tai-
wan starting from September.
6 (From left) World Islamic Economic Forum
(WIEF) Young Leaders Network chairman
Ebrahim Patel, WIEF Foundation secre-
tary-general Tan Sri Ahmad Fuzi Abdul
Razak, and Malaysia Digital Economy
Corp chief executive officer Datuk Yas-
min Mahmood at the opening ceremony
of the third edition of WIEF IdeaLab 2017
in Kuala Lumpur on Aug 4. The two-day
event saw close to 400 strong participants
from the Asean start-up community, global
venture capitalists, and corporate organisa-
tions from 35 countries around the world.
8 (From left) LG Electronics (M) Sdn Bhd
7 (From left) Shell Lubricants Malaysia
and Singapore general manager Baljit
Singh, Lazada Malaysia chief executive
officer Hans-Peter Ressel, Shell Lubricants
Southeast Asia and Oceania executive di-
rector Troy Chapman, and Lazada Group
regional category director (motors) David
Morales at the launch of the first official
Shell online store on Lazada Malaysia in
Kuala Lumpur on Aug 3. Malaysia is the
first market in Southeast Asia to enable
online purchase of genuine Shell Helix
products and service packages from an
9 (From left) Malaysian Insurance Institute
official channel, according to Chapman.
product manager (home entertainment)
Cho Chang Hee, general manager for sales
Patrick Seow, managing director David
Oh, marketing general manager Kong
Mun Keen, and senior product manager
H O M E B U S I N E S S 21
(home appliances and air solutions) Koo
Bon Jae at the LG Roadshow 2017 in Kuala
Lumpur on Aug 1. LG launched the first-
in-the-world Picture-on-Wall Signature
OLED W7 TV and Inverter NatureFresh
campaign through the latest Inverter re-
frigerators line-up at the roadshow.
(MII) chief executive officer Datuk Syed
Moheeb Syed Kamarulzaman, chairman
Hashim Harun, Malaysia University of Sci-
ence and Technology (MUST) chairman
Tan Sri Dr Effendi Norwawi, and MUST
president Professor Dr Premkumar Raja-
gopal at the signing ceremony of a mem-
orandum of agreement (MoA) between
MII and MUST in Kuala Lumpur on Aug
4. The MoA will provide graduates of the
Associateship of the MII to pursue the
Professional Master in Business Admin-
istration programme at MUST with a 20%
rebate off the total tuition fees of RM25,000.
10 Bank Islam chief executive officer
Khairul Kamarudin (right) and Cog-
nizant Malaysia business leader Effendi
Azmi Hashim at the signing ceremony for
a strategic collaboration between Bank
Islam and Cognizant in Kuala Lumpur
on Aug 2. Bank Islam says by partnering
with Cognizant to build a digital bank, it is
taking a big leap into the future to deliver
cutting-edge innovative solutions to small
and medium enterprises and customers
across the country, and integrate them
seamlessly into the developing digital
economy in Malaysia.
22
live it!
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
Personal
ASSISTANT
CO M PI L ED BY H A NN A H M ERICAN
WORK. LIFE. BALANCE
TRY out Loackers newest avour cocoa &
milk today. The snack combines silky smooth
cream lling with light and crispy wafers
that are addictive upon rst bite. The wafer
contains milk cream lling and a generous
punch of cocoa making it a must-try for
all. Loacker products have no articial a-
vouring, preservatives or colourings. The
Loacker cocoa & milk avour is available in
classic 45g or Quadratini 250g pack size at
supermarkets nationwide and are priced at
RM2.65 and RM13.30 respectively.
CHECK out the exhibition Conguration: Par-
allel Universe at G13 Gallery. This thematic
group exhibition presents creative works
from 11 selected artists from Malaysia, Phil-
ippines, Thailand and Indonesia. Tackling
the surrealistic theme of parallel universes,
expect to see artworks that range from the
dystopian or dreamlike masterpieces that
are gurative art. The gallery is open until
11am to 5pm from Monday to Saturday. The
exhibition is on until Aug 19. G13 Gallery is
located at Block B, Ground Floor, Kelana
Square, Kelana Jaya, Petaling Jaya. For more
information call (03) 7880 0991.
WATCH Overdrive out in cinemas now. The
lm follows Andrew and Garrett Foster who
are thieves that specialise in stealing luxu-
ry cars. Tasked with stealing a Bugatti 1937
they head to the South of France to do the
job. However they get caught and the owner
Jacomo Morier wants them to pay for what
theyve done. In return they have to steal a
1962 Ferrari 250 GTO from Moriers arch rival
or they will have to pay with their lives. The
lm stars Scott Eastwood, Freddie Thorp,
Ana de Armas and Gaia Weiss. Log on to
www.cinema.com.my to nd out more about
screening schedules and ticket bookings.
FIVE NEW WATCHES
UNDER US$6,000
Despite all the supposed
doom and gloom,
horology is still plenty
exciting
BY JACK FORSTER
I
t is no secret that the world of
watches has experienced more
than its fair share of turmoil re-
cently. The major luxury groups
continue to struggle to turnaround
the decline in watch sales in recent
years, and watch enthusiasts sometime
wonder whether or not the people in
charge of making new watches are so
worried about balance sheets that it is
distracting them from watchmaking.
Many enthusiasts take refuge in (or in-
creasingly these days, start out in) vintage
watch collecting; this has many charms,
but also many caveats, including hidden
service costs, fragility, and the vintage
markets nerve-wracking habit of some-
times validating doubtful provenance
with such high auction prices no one
wants to call foul.
And yet, despite the abundant op-
portunities to spend a lot of money on
something that, old or new, can easily
become a source of regret, there are still
a number a surprising number of
watches that for one reason or another
are very compelling and that can be had
for an extremely attractive price.
Here are just five out of many possi-
ble examples that prove that despite all
the storm clouds, there are still oppor-
tunities out there to find watches that
punch way above their weight in terms
of interest and quality.
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY
Omega: An advanced
mechanical movement in an
everyday package. Photos
by Bloomberg
Omega
The new Omega Railmaster collection
represents some of the most technically
interesting mechanical watchmaking an-
yones doing at any price. These watches
at 40mm are a highly versatile size and
have attractive vintage inspired styling,
while coming in several different vari-
ations, so it wont be a struggle to find
one that is appealing from an aesthetic
standpoint.
However, perhaps the most astonish-
ing thing is what is under the hood for the
price asked. The movement is Omegas
in-house calibre 8806 and it is Master
Chronometer certified: That means it
can withstand magnetic fields of up to
15,000 gauss (and probably greater, as-
suming you can find one outside a physics
lab or a neutron star) with a co-axial es-
capement and a 55-hour power reserve.
It also means that in addition to being
certified as a chronometer by the Con-
trole Officiel Suisse des Chronometres,
the Official Swiss hronometer Testing In-
stitute, the entire watch is also tested by
the Swiss Institute of Metrology for water
resistance, rate stability under different
temperatures, isochronism, and more.
These watches have solid casebacks,
which is a bit of a shame, but knowing
that you have one of the most technically
advanced watches in the world on your
wrist, with an escapement designed by
one of the most important horologists
of the 20th century, is a major conso-
lation for not being able to see it in ac-
tion. And the prices for these watches
are quite breathtaking: Just US$4,900
(RM20,963) on a strap and US$5,100
on a bracelet. They are not in stores yet,
but they are expected to be available
sometime this fall.
CON T I N UES N EX T PAGE

MONDAY AU G U S T 7, 20 17 T HE ED G E FINA NCIA L DA ILY
Seikos Spring Drive is misunderstood genius
F ROM P RE V I O U S PAG E
Tudor
The styling for the Black Bay Chrono-
graph may or may not be everyones
cup of tea, but nobodys arguing about
the quality of the movement. Calibre
MT5813, which is derived from the Bre-
itling B01 calibre, is a vertical clutch,
column wheel movement with several
attributes that historically have been
associated with much more expensive
watchmaking, including a free-sprung,
adjustable mass balance. Tudor also
throws in a silicon balance spring and
escape wheel, giving the watch excellent
long-term rate stability and resistance to
magnetic fields (not to the same degree
Grand Seiko: Something
interesting and innovative.
Grand Seiko
Spring Drive is the misunderstood genius
of modern watchmaking a mechanical
watch, driven by a mainspring rather than
a battery, with no energy storage system,
that uses a quartz feedback-loop control
system to produce a watch with a signa-
ture gliding seconds hand. A technolo-
gy unique to Seiko (with the exception
of a single limited edition produced by
Piaget, no analogous mechanism exists
anywhere in Swiss watchmaking), Spring
Drive offers one of the few genuinely and
significantly different solutions to port-
able mechanical horology currently on
the market.
This particular incarnation is model
SBGA211, using the Grand Seiko Spring
Drive calibre 9R65, with a seventy hour
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
Tudor: A column
wheel, vertical
clutch chronograph.
as the Railmaster, with its extensive use
of paramagnetic materials, but still a big
improvement over a steel escape wheel
and Nivarox balance spring).
The calibre MT5813 has been de-
ployed in the Black Bay Chronograph
for now but obviously, it could be used
in different variants across a far wider
range of watches (now that Georges Kern
will be taking over as chief executive
officer at Breitling it will be interesting
to see whether the relationship will be
enhanced over the next few years). In
any case, an automatic chronograph
movement with so many interesting fea-
tures, in a watch that retails for US$5,050
(RM21,614), is in the current climate for
watches something of a miracle.
power reserve and accuracy of better than
a second a day. The case and bracelet are
Seikos high intensity hardened titani- it could be your exit Rolex too. It is a 39mm
um. It is as technically interesting a watch
as any that exists but of course, you buy
a watch with your heart, not your head.
SBGA211 is therefore, and understand-
ably, better known as the Snowflake
Grand Seiko Spring Drive, and it gets
the name from its delicately textured
dial, with the appearance of new-fallen
snow. It is in this watch that you see the
aesthetic potential of Spring Drive: The
smoothly gliding, silent seconds hand
floats above the dial like a single cloud
drifting unhurriedly above a snow field
(aptly, the Snowflake dial is Spring Drive
only; US$5,800 [RM24,824] for this model,
on a matching titanium bracelet).
Jaeger-LeCoultre
This version of the Jaeger-LeCoultre Mas-
ter Control Date debuted at the Salon
International de la Haute Horlogerie
Geneve this year, with a sector dial and
syringe hands. Hodinkees managing
editor Stephen Pulvirent liked it a lot,
covering it in A Week On The Wrist, and
writing, This watch looks great in a case
or on a table, but its when you put the
thing on that it really starts to sing. The
case size is just fantastic, and you really
start to appreciate that 8.5mm height af-
ter wearing it for a bit. The watch almost
seems to disappear on the wrist when
youre typing at your desk or just walking
around the city. Comfort is something
that does not get talked about enough
when evaluating watches, and this is one
seriously comfortable watch.
The movement is the Jaeger-LeCoultre
(JLC) calibre 899/1; this is a movement
Rolex: The rst
and last watch
youll ever need.
Rolex
The Rolex Oyster Perpetual is a great en-
try-level Rolex, but it is good enough that
all the very high build quality you expect
in diameter, stainless steel sports watch
that offers absolutely nothing extrane-
ous and lacks many of the elements that
are considered signature ones for Rolex:
No date cyclops, no fluted bezel; just the
hands, dial, and the Crown. And yet its the
irreproachable high quality of each indi-
vidual element that makes this US$5,800
(RM24,824) watch, not an exercise in min-
imalism, but an exercise in essentialism.
If the yellow gold Day-Date 36mm is
Rolexs most representative luxury watch,
and the Submariner the ur-tool watch
that has become the reference point for
all others, the Oyster Perpetual 39mm is
the most purely Rolex of Rolex watches.
live it! 23
Jaeger-LeCoultre:
A watch that shows
someone still makes
them like they used to.
with a fair bit of history to it. It is an up-
graded version of JLCs caliber 889, which
is a flat, high-grade movement that was
first introduced in the 1980s and which
has in various forms and finishes, been
used by a number of haute horlogerie
manufacturers. The 899/1 has a free-
sprung adjustable mass balance, ceramic
ball bearings, unidirectional winding,
and in general is a great example of the
sort of well made, well-finished, relia-
ble workhorse movement that for many
years was an essential part of the fine
watchmaking landscape, and which
have become something of an endan-
gered species. Where such movements
are still used, its generally at a much
higher price than formerly, and for me
a big part of the appeal of this US$5,700
(RM24,396) watch is that it represents
not just the pricing of yesteryear, but the
value offering of yesteryear too.
The movement, calibre 3132, is in its own
way a classic; it is not an haute horlogerie
product per se but it is a movement with
from Rolex, as well as a number of unique-
to-Rolex technical features including the
amagnetic Parachrom balance spring,
Paraflex shock absorbers, and a free-sprung
balance with Microstella fine adjustment
screws. A straight shot of undiluted Rolex,
no mixer, no chaser. Bloomberg
Originally published by Jack Forster on
Hodinkee. Hodinkee is the pre-eminent
resource for modern and vintage wrist-
watch enthusiasts. Through in-depth
reviews, live reports, and dynamic vid-
eos, Hodinkee is bringing watches to a
21st-century audience.
2 4 S P O RT S
Neymar buyout
is new peak for
fantasy soccer
mergers and
acquisitions
P E T E R THA L L A RSEN
LONDON: Neymar da Silva
Santos Junior achieved sev-
eral milestones this week.
The Brazilian forward be-
came the worlds most expen-
sive footballer following his
222 million (RM1.12 billion)
move from Barcelona to Paris
Saint-Germain. He also en-
tered the mergers and acqui-
sitions (M&A) league tables.
His transfer ranks among the
30 largest ever purchases of
a Brazilian asset by a French
buyer, according to Thomson
Reuters data. Both feats are a
sign soccer M&A has reached
a new peak.
The deal defies conven-
tional financial analysis. It
values the 25-year-old at al-
most four times the price that
the Spanish club paid for him
four years ago. At the time, the
payment required to release
him from his contract was
considered so rich that no
buyer would match it. Ney-
mar will also collect a salary
worth around 30 million a
year, according to Sky News.
That takes the total cost to al-
most 75 million for each of
the five years of his contract.
As in most transactions,
the French club can point
to some synergies. Fielding
one of the worlds most fa-
mous players will boost sales
of replica shirts and other
memorabilia, allowing it to
demand more from sponsors.
Ticket prices may rise. And
if Neymar can lead the team
to victory, the club will earn
more from prize money and
television rights.
Even so, the club and its
Qatari owners will have to
make some heroic assump-
tions. Paris Saint-Germain
reported revenue of 515 mil-
lion in the 2015-2016 season,
according to Deloitte. Assume
that half of any Neymar-relat-
ed boost drops straight to its
bottom line. The club would
need to boost revenue by al-
most 150 million or close
to 30% to justify the out-
lay, over three times its last
reported growth rate.
That seems a stretch. The
deal may also breach Uefa
rules requiring clubs to live
within their means, forcing
Paris Saint-German to con-
sider non-core disposals in
this case, selling players to
bring in cash.
For Qatar, the cost of sign-
ing Neymar is trivial com-
pared with the billions it is
spending to host soccers
World Cup in 2022. As long
as the sport keeps attracting
irrational buyers, their tar-
gets will be the real winners.
Reuters
Zverev rips Nishikori
The German will face Anderson in the finals
BY JIM SLATER
WASHINGTON: Germanys Alex-
ander Zverev dominated Japans
Kei Nishikori 6-3, 6-4 Saturday
in a showdown of top-10 rivals
to reach the ATP and WTA Citi
Open final against South Africas
Kevin Anderson.
Zverev, ranked a career-best
eighth this week, dropped only sev-
en points on his serve and never
faced a break point in the 63-min-
ute affair, extending ninth-ranked
Nishikoris ATP title drought to 30
events over 18 months.
The 20-year-old from Hamburg
will try for his fifth career title
and fourth of the year yesterday
against 45th-ranked Anderson,
who ousted 19th-ranked Amer-
ican Jack Sock 6-3, 6-4 on the
Washington hardcourts.
Getting the hardcourt season
started with a win would be great,
Zverev said.
Zverev dominated from the start,
winning the first 10 points and 12
Lomachenko outclasses Marriaga
LOS ANGELES: Ukrainian south-
paw Vasyl Lomachenko retained
his WBO junior lightweight title,
flooring challenger Miguel Mar-
riaga with one second left in the
seventh round en route to a tech-
nical knockout victory.
The 29-year-old Lomachenko
outclassed Marriaga from the open-
ing bell, scoring two knockdowns
in making the third defence of his
130-pound title.
It was an interesting fight, Lo-
machenko said. I have more ex-
perience now.
This was just Lomachenkos 10th
professional fight after he fash-
ioned together one of the greatest
amateur careers of all-time. The
Ive done my time, says Gatlin
BY M ITCH P HILLIP S
LONDON: Justin Gatlin said it was
sad that fans booed his victory in the
world 100m final on Saturday, saying
he had done my time for his dop-
ing offences and Usain Bolt, the
man he beat into third place, agreed
with him.
Gatlin took the title in 9.92 sec-
onds but instead of acclaiming the
remarkable success of a 35-year-old
triumphing 13 years after he won
the Olympic title, vast swathes of the
crowd booed him in response to his
two bans for drugs offences earlier
in his career.
Its kinda sad that my boos were
louder than some of the others
cheers, Gatlin told reporters.
I wanted to keep it classy and at
the end of the race bend the knee to
of the first 13, Nishikori netting a
backhand to surrender a decisive
break at love in the second game.
Both men held from there, Zverev
taking the first set in 28 minutes.
Zverev hit a forehand winner to
break for a 2-1 lead in the second set
and held to the finish, claiming victory
when Nishikori netted a forehand.
two-time Olympic gold medalist
compiled a 391-1 record as an am-
ateur and is now 9-1 as a pro with
seven knockouts.
After outfoxing Marriaga in a
sorry mismatch, Lomachenko was
asked who he wants to fight next:
That is always the question I hear.
For me it doesnt matter. I want to
win titles.
The Colombian landed very few
punches but he did cut Lomachen-
ko over the left eye with a head butt
in the fourth round of the world
title fight on Saturday night at the
Microsoft Theater in Los Angles.
The round earlier Lomachenko
floored the challenger for the first
time in the fight. With 34 seconds left
Usain. Pay homage to him. This night all I can do, the American added.
is still a magical night for track and
field and for Usain Bolt; hes done so
much in his career.
I wasnt booed in 2010, 2011
or 2012 or 2013, 2014 or 2015
and now I am. Im just sitting
up here; Im a runner; Im back
in the sport; Ive done my
time; Ive done com-
munity service. Ive
talked to kids; I in-
spire kids thats
Gatlin competing in
the semi-nals of the
mens 100m athletics
event at the 2017 IAAF
World Championships
at the London Stadium
in London on Saturday.
Photo byReuters
M ON DAY AU G U ST 7, 2 0 17 TH E EDGE F I N AN C I AL DAI LY
IN BRIEF
Conte: Next season will
be toughest of my career
BENGALURU: Chelsea manag-
er Antonio Conte is expecting
the upcoming Premier League
season to be the toughest of his
career as his team prepare to
defend their title in an extreme-
ly competitive environment.
Zverev Conte will lead Chelsea as they
celebrating try to win back-to-back league
after match titles for the first time since 2006
point against and the Italian is wary of the
Nishikori in competition from fellow title
the mens contenders Tottenhan Hotspur,
singles Arsenal, Liverpool, Manchester
semi-nal City and Manchester United.
at Fitzgerald There are many reasons which
Tennis suggest to me that next season
Center. will be very tough, the most
Zverev won difficult of my career; I have
6-3, 6-4. this perception, Conte told the
Photo by clubs website. Reuters
Reuters
Fernando leaves Man City
to join Galatasaray
BENGALURU: Galatasaray
I played a great match, Zverev have signed Brazilian mid-
said. I started 3-0. That helped fielder Fernando from Man-
the confidence. I played really chester City on a three-year
well. contract for a fee of 5.25 mil-
Zverev, whose fourth-round lion (RM26.44 million), both
Wimbledon run was his Grand clubs announced last Friday.
Slam best, won 31-of-33 first-serve Fernando, who joined City
points, all 13 in the first set, and from Porto in 2014 and made
9-of-14 on his second serve. AFP more than 100 appearances for
the Manchester club, heads to
Turkey after being used spar-
ingly by manager Pep Guardi-
ola last season. The club has
looked after me incredibly well
throughout my time here and
I have enjoyed the challenge
in the third Lomachenko landed a of playing for a top team in
straight left hand that sent Marriaga probably the worlds tough-
sailing backwards across the ring. est league, the 30-year-old
Lomachenko sealed the victo- told Citys website. Reuters
ry with a looping left to the right
temple with one second left in the Zach Johnson, Pieters
seventh round. It wasnt a damag- share lead at Firestone
ing punch but it caught Marriaga at TORONTO: Late birdies from
the right time, reminding him from Thomas Pieters and Zach John-
the seat of his pants that there was son gave the duo a share of the
no point in continuing to embar- lead after the third round of
rass himself. the World Golf Champion-
His corner called over the referee ship-Bridgestone Invitational
before the start of the next round on Saturday. Pieters, looking to
and threw in the towel. become the first Belgian winner
It was the second straight lop- on the PGA Tour, birdied the
sided loss for the 30-year-old Mar- 18th hole for a four-under-par
riaga, who dropped to 25-3, with 21 66 that moved him to nine-un-
knockouts. AFP der-par 201 at Firestone Coun-
try Club in Akron, Ohio. His late
birdie moved him level with
twice major winner Johnson,
who moments earlier had also
birdied the last for a five-under-
par 65 that briefly gave him the
outright lead. Reuters
Society does that with people
who make mistakes and I hope Owen leads Barracuda
track and field can under- Championship
stand that too. LOS ANGELES: Englands Greg
Bolt, who finished third Owen surged to the top of the
behind American Christian leaderboard on Saturday in the
Coleman, agreed. third round of the PGA Tours
Over the years Ive Barracuda Championship, the
always said hes Reno, Nevada, tournament that
done his time, uses the Modified Stableford
said the Jamai- scoring system. Owen, who is
can, who was seeking his first USPGA Tour
the first to hug victory, had a total of 37 points
Gatlin post- and leads Derek Fathauer and
race. Stuart Appleby by five points.
I f h es He could have had a bigger lead
here, its okay. if he hadnt stumbled badly on
Ive always re- the final hole, where his tee shot
spected him as was in the rough and his fourth
a competitor. shot went into the water in front
Reuters of the green. AFP
MONDAY AU G U S T 7, 20 17 T H EED G E FINA NCIA L DA ILY
Markets 2 5
BURSA MAL AYSIA MAIN MARKET

Bursa Malaysia YEAR

HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE COUNTER CLOSING
(RM)
+/
(RM)
VOL
(000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
1.023 0.561 0.770 0.765 7609 AJIYA 0.765 -0.005 270 0.768 11.05 2.61 233.0
Sectorial Movement 0.160 0.065 9954 AKNIGHT 0.090 5.2
2.099 0.651 1.770 1.700 2674 ALCOM 1.720 0.020 1707.4 1.734 19.59 11.92 231.0
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG 1.070 0.315 0.750 0.725 4758 ANCOM 0.740 0.015 1960.6 0.737 9.28 162.0
3.550 1.251 3.030 3.000 6556 ANNJOO 3.030 0.030 200 3.018 6.45 2.97 1,611.4
KLSE COMPOSITE 1,774.53 2.63 0.15 TECHNOLOGY 37.96 0.27 0.72
0.551 0.095 0.105 0.095 9342 ANZO 0.105 UNCH 25081.1 0.100 84.4
KLSE INDUSTRIAL 3,265.33 5.18 0.16 FTSE BURSA 100 12,268.19 15.01 0.12 1.100 0.825 1.030 1.030 5568 APB 1.030 UNCH 2.6 1.030 12.89 6.31 116.3
CONSUMER PRODUCT 627.89 -0.98 -0.16 FTSE BURSA MID 70 14,956.75 6.15 0.04 4.147 3.220 3.850 3.800 5015 APM 3.800 -0.040 1.3 3.839 14.93 3.95 766.1
1.240 0.735 1.090 1.060 7214 ARANK 1.070 UNCH 151.3 1.070 7.24 2.80 128.4
INDUSTRIAL PRODUCT 155.95 0.40 0.26 FTSE BURSA SMALL CAP 17,216.16 6.28 0.04
1.290 0.671 1.190 1.140 7162 ASTINO 1.160 0.010 1443.5 1.163 8.39 0.86 318.0
CONSTRUCTION 334.99 -0.19 -0.06 FTSE BURSA FLEDGLING 19,102.03 17.83 0.09 1.480 0.384 1.090 1.030 7099 ATTA 1.040 UNCH 3219 1.060 4.08 7.51 119.1
TRADE & SERVICES 231.03 0.05 0.02 FTSE BURSA EMAS 12,619.87 14.72 0.12 1.110 0.270 0.300 0.270 7181 ATURMJU 0.295 0.005 77 0.283 18.0
2.550 1.452 2.200 2.200 8133 BHIC 2.200 UNCH 6 2.200 5.49 1.36 546.6
KLSE FINANCIAL 16,822.86 44.61 0.27 FTSE BUR MSIA ACE 6,576.41 51.53 0.79
0.570 0.390 0.420 0.415 7005 BIG 0.420 -0.015 9 0.419 20.2
KLSE PROPERTY 1,250.52 -2.50 -0.20 FTSE BUR EMAS SHARIAH 12,744.01 4.67 0.04 0.580 0.095 0.535 0.520 7187 BKOON 0.525 UNCH 1879.8 0.527 145.3
KLSE PLANTATION 7,850.78 0.84 0.01 FTSE BUR HIJRAH SHARIAH 13,971.28 8.63 0.06 1.110 0.755 0.900 0.895 168 BOILERM 0.900 0.005 27 0.897 20.13 1.67 464.4
2.425 1.610 6297 BOXPAK 1.610 193.3
KLSE MINING 506.61 -8.10 -1.57 FTSE/ASEAN 40 10,409.54 -19.20 -0.18
1.600 1.293 1.390 1.370 5100 BPPLAS 1.380 UNCH 90.9 1.377 16.49 5.80 259.0
0.400 0.300 9938 BRIGHT 0.315 51.7
0.675 0.210 0.575 0.550 7221 BSLCORP 0.560 0.005 1207.8 0.561 7.46 54.9
0.365 0.205 0.255 0.240 7188 BTM 0.255 0.010 98 0.245 57.95 32.0
3.785 3.182 3.410 3.370 5105 CANONE 3.400 0.030 20.9 3.373 7.22 1.18 653.3
0.035 0.005 5229 CAP 0.010 13.6

Bursa Malaysia Main Market 2.168 1.883 2.030

1.810 0.782 1.570
1.800 1.450
2.010
1.530

7076
2879
8435
CBIP
CCM
CEPCO
2.010
1.560
1.750
-0.020
-0.010

75
1299.4

2.016 9.03
1.540 58.21

2.99
3.21

1,081.9
713.9
78.4
1.210 1.020 8044 CFM 1.210 49.6
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP 1.930 1.376 1.910 1.900 5007 CHINWEL 1.900 -0.010 276 1.901 9.91 4.21 569.1
HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) 2.400 1.344 2.000 1.960 5797 CHOOBEE 1.960 -0.060 181 1.973 6.39 3.06 215.4
CONSUMER PRODUCTS 1.150 0.700 8052 CICB 1.110 28.24 55.5
0.795 0.495 7120 ACOSTEC 0.515 643.75 4.85 91.6 0.075 0.050 0.050 0.050 7018 CME 0.050 UNCH 250 0.050 24.3
4.887 3.595 4.730 4.730 7090 AHEALTH 4.730 0.010 1 4.730 15.72 2.43 554.1 4.628 3.476 4.000 3.980 2852 CMSB 4.000 UNCH 177.9 3.992 22.51 1.58 4,297.5
26.200 12.677 25.980 25.440 2658 AJI 25.980 0.480 88.1 25.623 8.43 1.62 1,579.5 0.540 0.200 7986 CNASIA 0.400 0.79 18.2
0.380 0.210 0.305 0.305 7051 AMTEK 0.305 0.005 20.8 0.305 15.2 1.559 1.241 1.320 1.310 5071 COASTAL 1.320 0.010 16.5 1.318 15.07 1.52 701.7
6.007 4.970 5.180 5.100 6432 APOLLO 5.100 -0.080 21 5.108 22.87 4.90 408.0 1.150 0.665 0.860 0.850 7195 COMCORP 0.860 0.005 260.6 0.854 8.11 120.4
1.110 0.800 0.940 0.900 7722 ASIABRN 0.940 0.040 3.8 0.921 74.4 0.985 0.620 0.985 0.955 2127 COMFORT 0.960 0.005 13087.1 0.970 11.03 536.4
3.951 3.140 3.310 3.290 7129 ASIAFLE 3.290 -0.040 68 3.299 11.31 4.86 640.8 2.156 1.255 1.730 1.690 5094 CSCSTEL 1.730 0.010 210.4 1.702 9.29 5.78 657.4
49.788 39.606 44.940 44.600 4162 BAT 44.660 -0.220 118.4 44.731 16.69 4.81 12,751.8 0.015 0.005 22 CYBERT 0.005 0.5
0.120 0.035 0.080 0.080 7243 BIOOSMO 0.080 UNCH 50 0.080 63.6 0.829 0.685 0.690 0.685 7157 CYL 0.685 UNCH 9.8 0.686 54.37 5.84 68.5
0.740 0.540 0.560 0.545 9288 BONIA 0.550 -0.010 660.5 0.551 15.80 2.27 443.5 0.405 0.280 5082 CYMAO 0.315 23.6
0.992 0.483 0.960 0.940 7174 CAB 0.960 0.005 1746.7 0.952 12.70 0.33 586.3 2.380 1.692 2.190 2.180 8125 DAIBOCI 2.180 -0.020 25.5 2.190 29.95 2.02 714.8
0.549 0.460 0.475 0.460 7154 CAELY 0.475 UNCH 10.3 0.475 6.99 2.11 38.0 1.510 0.315 1.240 1.200 8176 DENKO 1.220 -0.020 461 1.225 127.5
0.340 0.260 0.285 0.285 7128 CAMRES 0.285 UNCH 20.3 0.285 28.79 3.51 56.1 0.330 0.220 0.290 0.285 7114 DNONCE 0.285 UNCH 70 0.287 51.9
15.200 13.107 14.980 14.900 2836 CARLSBG 14.900 -0.100 19.5 14.924 21.75 4.83 4,590.4 0.435 0.270 5835 DOLMITE 0.275 125.0 75.2
1.028 0.519 1.010 0.975 7035 CCK 0.975 UNCH 5311.3 0.993 12.97 2.05 307.5 0.430 0.250 5835PA DOLMITE-PA 0.270 3.1
2.388 1.867 2.110 2.040 7148 CCMDBIO 2.040 -0.070 104.4 2.075 19.92 3.19 569.1 0.520 0.155 0.250 0.240 5265 DOLPHIN 0.240 UNCH 765.1 0.242 53.3
2.700 2.250 2.350 2.350 2828 CIHLDG 2.350 -0.050 23.2 2.350 15.64 2.13 380.7 1.310 1.046 1.260 1.250 7169 DOMINAN 1.260 UNCH 58.2 1.250 9.06 3.97 208.0
0.050 0.020 5188 CNOUHUA 0.030 20.0 1.860 0.920 1.670 1.650 1619 DRBHCOM 1.650 -0.020 2494.5 1.660 0.61 3,189.8
3.200 1.745 3.100 3.070 7205 COCOLND 3.070 -0.080 90.7 3.079 15.63 5.05 702.4 1.606 0.540 1.380 1.360 7233 DUFU 1.370 0.010 552.4 1.373 8.27 3.28 240.4
1.960 1.462 1.820 1.810 7202 CSCENIC 1.820 UNCH 31.9 1.813 17.15 6.04 219.3 0.985 0.795 0.810 0.800 8907 EG 0.800 -0.020 504.5 0.805 7.47 169.3
0.095 0.055 0.060 0.055 5214 CSL 0.055 UNCH 2639.1 0.056 6.96 68.4 1.100 0.860 9016 EKSONS 0.950 156.0
0.810 0.680 0.685 0.680 9423 CWG 0.680 -0.005 68.9 0.682 3.76 5.15 57.3 0.927 0.510 0.745 0.740 7217 EMETALL 0.740 -0.005 102.2 0.740 16.97 3.38 126.7
0.060 0.025 0.030 0.025 7179 DBE 0.030 UNCH 125 0.026 100.00 41.4 0.885 0.500 0.605 0.600 7773 EPMB 0.600 -0.020 13.6 0.602 1.67 99.6
1.000 0.740 0.940 0.870 7119 DEGEM 0.940 UNCH 1.4 0.920 11.26 2.66 126.0 0.443 0.367 0.390 0.385 190 ESAFE 0.385 -0.005 772.2 0.389 11.81 92.6
62.795 52.364 59.200 59.000 3026 DLADY 59.200 UNCH 5.8 59.145 25.76 1.69 3,788.8 1.115 0.719 0.920 0.840 5101 EVERGRN 0.840 -0.055 24944.5 0.876 11.29 2.38 711.0
0.115 0.070 0.085 0.080 7198 DPS 0.085 -0.005 430.1 0.084 850.00 50.0 0.912 0.580 0.600 0.595 7249 EWEIN 0.600 UNCH 880.7 0.596 13.54 0.83 181.0
0.105 0.020 0.080 0.075 7182 EKA 0.075 UNCH 1479.3 0.077 23.4 1.380 1.011 1.280 1.270 2984 FACBIND 1.270 -0.030 8 1.276 11.32 1.97 108.2
0.360 0.140 0.245 0.240 9091 EMICO 0.240 -0.005 383.9 0.240 14.29 23.0 3.020 2.270 2.890 2.860 7229 FAVCO 2.880 -0.010 20.5 2.875 8.37 5.21 637.6
1.967 1.372 7149 ENGKAH 1.520 44.31 3.95 107.6 0.800 0.495 0.600 0.580 149 FIBON 0.595 -0.005 488.5 0.589 13.55 2.10 58.3
0.270 0.195 0.195 0.195 7208 EURO 0.195 -0.005 298.3 0.195 25.32 47.4 2.410 2.020 2.380 2.350 3107 FIMACOR 2.360 -0.030 157.3 2.364 15.10 5.30 578.8
0.800 0.630 0.760 0.760 7094 EUROSP 0.760 UNCH 2 0.760 35.19 33.8 1.870 1.368 1.870 1.830 5197 FLBHD 1.830 -0.030 1539.2 1.851 8.54 8.20 188.9
26.000 21.887 24.780 24.320 3689 F&N 24.740 -0.080 651.4 24.710 24.01 2.32 9,074.1 1.420 1.330 1.340 1.340 3611 GBH 1.340 UNCH 5 1.340 152.27 250.0
1.205 0.815 2755 FCW 1.000 82.64 1.50 250.0 2.470 1.450 2.190 2.160 7197 GESHEN 2.160 -0.010 47.7 2.174 10.16 172.8
0.870 0.620 0.680 0.665 8605 FFHB 0.670 0.005 34.9 0.673 11.26 1.79 73.0 0.085 0.040 0.060 0.055 5220 GLOTEC 0.055 UNCH 25488.3 0.055 296.0
1.220 0.693 1.200 1.160 9172 FPI 1.170 -0.020 656.2 1.177 13.36 5.13 289.4 0.735 0.220 0.245 0.230 7192 GOODWAY 0.245 0.005 220.1 0.238 27.1
2.070 0.885 7184 G3 1.790 246.1 0.135 0.085 0.100 0.090 7096 GPA 0.100 0.005 1153 0.094 12.35 98.0
1.620 0.858 1.610 1.570 5102 GCB 1.610 0.030 997.2 1.595 22.24 0.93 773.1 0.425 0.255 0.300 0.300 5649 GPHAROS 0.300 UNCH 6 0.300 40.4
2.999 2.334 5606 GOLDIS 2.780 8.16 0.72 1,699.7 0.245 0.195 0.200 0.200 136 GREENYB 0.200 -0.005 55 0.200 38.46 3.00 66.7
0.110 0.030 5187 HBGLOB 0.050 23.4 0.145 0.085 0.105 0.105 7077 GSB 0.105 UNCH 375 0.105 55.4
19.100 15.038 18.140 18.000 3255 HEIM 18.000 -0.120 24.7 18.012 19.98 6.39 5,437.8 1.050 0.749 0.935 0.935 3247 GUH 0.935 UNCH 78.3 0.935 13.22 3.74 259.8
10.600 8.426 10.080 10.000 3301 HLIND 10.040 0.040 147.6 10.010 11.18 3.49 3,292.2 1.180 0.235 0.855 0.840 5151 HALEX 0.850 -0.005 357.3 0.849 90.1
1.019 0.831 0.980 0.970 5160 HOMERIZ 0.970 -0.005 306.7 0.971 10.21 2.06 291.0 7.400 3.996 7.150 6.970 5168 HARTA 7.130 0.160 1288.4 7.096 41.38 1.12 11,729.5
0.405 0.240 0.335 0.330 7213 HOVID 0.330 -0.005 302.2 0.330 24.09 3.03 270.9 1.320 0.935 1.000 0.965 7105 HCK 0.970 -0.025 80.2 0.968 440.91 408.5
1.280 1.113 1.210 1.210 5024 HUPSENG 1.210 UNCH 49 1.210 20.44 3.31 968.0 8.310 1.990 7.990 7.780 4324 HENGYUAN 7.970 0.190 2836.7 7.915 4.66 2,391.0
0.630 0.450 0.475 0.470 8478 HWATAI 0.470 -0.005 32.5 0.472 167.86 35.2 1.780 0.983 1.770 1.720 5095 HEVEA 1.730 -0.010 6931.7 1.750 9.75 4.10 936.7
4.880 1.865 4.830 4.820 5107 IQGROUP 4.830 -0.010 2.2 4.830 14.82 2.28 425.2 1.200 0.825 0.990 0.975 3298 HEXZA 0.975 -0.005 86.3 0.981 7.09 4.62 195.4
1.560 0.937 1.560 1.510 7152 JAYCORP 1.510 0.010 2245.5 1.529 9.21 3.31 207.2 0.410 0.250 0.380 0.370 5072 HIAPTEK 0.375 UNCH 7059.3 0.371 12.63 0.80 491.1
0.740 0.505 8931 JERASIA 0.580 8.24 47.6 0.560 0.180 0.410 0.405 5199 HIBISCS 0.405 UNCH 2941.4 0.406 4.63 584.8
2.618 1.510 1.580 1.540 5247 KAREX 1.550 -0.030 1505.1 1.554 41.78 1.29 1,553.7 1.276 0.840 7033 HIGHTEC 1.020 6.91 3.43 41.4
5.070 3.153 4.850 4.800 7216 KAWAN 4.850 UNCH 324.8 4.849 35.25 0.52 1,307.8 1.226 0.692 1.050 1.030 8443 HIL 1.050 0.030 20 1.050 17.83 1.43 292.6
0.260 0.040 0.150 0.150 8303 KFM 0.150 UNCH 40 0.150 10.2 0.405 0.270 5165 HOKHENG 0.350 35.35 28.0
0.920 0.716 0.760 0.750 6203 KHEESAN 0.755 0.005 54 0.756 16.17 1.32 78.5 0.055 0.020 2739 HUAAN 0.035 39.3
2.700 1.923 2.260 2.260 7062 KHIND 2.260 0.060 4 2.260 11.21 4.42 90.5 3.385 2.130 2.220 2.210 5000 HUMEIND 2.210 -0.040 38.6 2.214 41.46 0.90 1,058.8
2.210 0.995 1.990 1.980 2 KOTRA 1.990 0.010 45 1.982 19.78 1.01 265.5 0.075 0.045 0.045 0.045 9601 HWGB 0.045 UNCH 517 0.045 44.9
0.140 0.050 0.075 0.075 5172 KSTAR 0.075 UNCH 85 0.075 22.0 0.890 0.720 9687 IDEALUBB 0.800 5.85 88.4
6.000 4.509 5.230 5.200 7006 LATITUD 5.230 0.020 54.3 5.206 6.83 2.29 508.4 2.070 1.690 1.890 1.890 7222 IMASPRO 1.890 -0.010 568 1.890 19.03 1.85 151.2
0.950 0.785 0.915 0.905 9385 LAYHONG 0.915 UNCH 468 0.914 30.40 0.55 557.0 0.300 0.160 0.165 0.160 7183 IRETEX 0.165 UNCH 105 0.162 22.8
0.377 0.261 0.320 0.315 8079 LEESK 0.315 -0.010 191.8 0.320 11.17 3.17 52.9 0.085 0.055 0.060 0.055 7223 JADI 0.060 0.005 90 0.056 56.5
3.390 2.720 3.380 3.350 7089 LIIHEN 3.370 0.010 878.6 3.360 8.17 4.75 606.6 0.175 0.135 0.140 0.140 8648 JASKITA 0.140 UNCH 600 0.140 7.14 62.9
0.820 0.710 0.755 0.745 7126 LONBISC 0.750 UNCH 97.5 0.751 9.68 139.9 0.110 0.030 2747 JAVA 0.035 6.1
1.890 1.212 1.550 1.550 7085 LTKM 1.550 UNCH 58.3 1.550 16.77 1.94 201.7 1.120 0.892 7043 JMR 1.090 167.6 2.75 138.2
7.920 3.722 7.700 7.440 7087 MAGNI 7.600 -0.030 574.2 7.535 10.30 1.84 1,236.8 1.729 0.825 1.510 1.490 7167 JOHOTIN 1.510 0.010 218.8 1.500 7.49 1.74 419.9
0.045 0.010 0.020 0.015 5189 MAXWELL 0.015 -0.005 10801 0.015 6.0 1.460 1.064 1.130 1.110 4383 JTIASA 1.130 UNCH 723.2 1.123 14.43 1.15 1,100.3
1.266 0.974 5886 MBG 1.040 24.24 2.88 63.2 0.310 0.160 0.280 0.270 54 KARYON 0.275 UNCH 4018.5 0.274 25.94 130.8
2.500 1.285 2.380 2.370 3662 MFLOUR 2.370 0.010 7.7 2.372 14.80 2.74 1,304.2 0.870 0.680 0.745 0.745 7199 KEINHIN 0.745 -0.005 5 0.745 10.46 2.01 73.8
0.980 0.800 7935 MILUX 0.840 45.7 0.525 0.340 6211 KIALIM 0.360 22.3
5.005 3.950 5202 MSM 4.000 104.99 3.50 2,811.9 3.009 2.733 2.950 2.940 3522 KIANJOO 2.950 0.010 39.8 2.942 9.69 1.36 1,310.3
0.035 0.030 5150 MSPORTS 0.035 21.2 2.363 1.511 1.930 1.910 5371 KIMHIN 1.930 0.020 65 1.915 8.35 3.11 300.3
1.826 1.184 1.450 1.430 3921 MWE 1.450 0.010 57.2 1.441 2.51 1.38 335.8 0.085 0.025 0.040 0.040 5060 KINSTEL 0.040 -0.005 505 0.040 42.0
85.200 72.962 84.100 83.740 4707 NESTLE 83.800 -0.200 4 83.813 30.38 3.22 19,651.1 1.590 1.070 1.090 1.070 9466 KKB 1.070 -0.010 252.3 1.080 3.74 275.8
4.880 2.866 3.740 3.700 7060 NHFATT 3.700 -0.040 71.5 3.724 10.77 2.97 278.1 0.455 0.235 0.240 0.235 7164 KNM 0.240 UNCH 1851.2 0.238 517.5
0.130 0.070 0.095 0.090 7139 NICE 0.090 -0.005 773 0.090 25.71 30.0 1.129 0.751 0.925 0.920 6971 KOBAY 0.920 UNCH 15.6 0.922 14.84 93.9
0.315 0.240 0.245 0.245 7215 NIHSIN 0.245 UNCH 101 0.245 58.4 0.367 0.240 0.255 0.245 7017 KOMARK 0.255 0.005 145 0.250 31.8
0.905 0.775 0.785 0.780 5066 NTPM 0.780 UNCH 142 0.782 17.73 3.08 876.1 7.360 5.565 7.270 7.120 7153 KOSSAN 7.120 -0.160 411.6 7.170 28.04 1.54 4,553.0
0.690 0.345 0.565 0.555 7071 OCR 0.565 0.010 63 0.558 145.3 1.110 0.345 0.980 0.970 7130 KPOWER 0.980 0.010 602.8 0.971 55.2
0.250 0.045 0.120 0.115 7071PA OCR-PA 0.115 UNCH 623.9 0.115 74.1 5.118 4.606 5.040 4.990 3476 KSENG 5.040 0.020 40.5 5.027 12.94 1.98 1,821.8
2.389 1.353 7107 OFI 1.610 21.18 2.48 386.4 0.580 0.346 0.560 0.535 5192 KSSC 0.545 -0.005 377.6 0.545 9.87 2.75 52.3
7.300 6.315 6.640 6.600 4006 ORIENT 6.640 UNCH 26.6 6.604 14.89 3.01 4,119.4 0.775 0.295 0.665 0.645 8362 KYM 0.645 -0.005 706.7 0.655 24.71 96.7
3.910 2.222 3.810 3.720 7052 PADINI 3.800 0.060 891.4 3.783 16.10 2.63 2,500.1 8.400 5.060 5.790 5.730 3794 LAFMSIA 5.760 -0.060 109.6 5.751 729.1 3.47 4,894.2
37.709 30.120 37.160 37.000 3719 PANAMY 37.080 UNCH 6.1 37.087 17.74 3.16 2,252.5 0.940 0.549 0.770 0.760 9326 LBALUM 0.760 UNCH 327.9 0.762 10.51 2.63 188.8
0.774 0.510 5022 PAOS 0.570 55.34 2.86 103.3 0.614 0.448 0.520 0.510 5092 LCTH 0.520 0.010 542 0.517 13.20 4.81 187.2
0.650 0.300 0.480 0.435 9407 PARAGON 0.480 0.005 7.6 0.438 21.33 33.6 6.530 4.140 4.470 4.370 5284 LCTITAN 4.430 0.030 6023.8 4.423 6.87 10,223.5
0.660 0.310 0.500 0.475 6068 PCCS 0.475 -0.020 20.6 0.494 28.5 0.844 0.422 0.770 0.730 5232 LEONFB 0.760 0.035 3787.5 0.753 6.57 1.97 235.6
1.060 0.710 0.880 0.850 5231 PELIKAN 0.880 UNCH 5.5 0.853 179.59 486.9 0.440 0.100 0.280 0.275 8745 LEWEKO 0.280 0.010 1242 0.276 90.1
0.235 0.145 0.195 0.190 4081 PMCORP 0.190 UNCH 314 0.190 10.56 146.9 0.080 0.020 0.040 0.035 2887 LIONDIV 0.035 -0.005 488.3 0.035 48.7
0.515 0.441 0.500 0.495 5080 POHKONG 0.495 -0.005 17.2 0.499 11.25 2.02 203.1 1.280 0.275 1.140 1.120 4235 LIONIND 1.130 0.010 903.1 1.129 811.2
1.998 1.451 1.990 1.960 7088 POHUAT 1.990 0.040 1531.8 1.978 7.41 4.02 451.7 0.665 0.290 0.600 0.570 9881 LSTEEL 0.600 0.030 1401.1 0.595 8.67 76.8
17.300 15.159 16.940 16.780 4065 PPB 16.920 UNCH 699.5 16.907 17.34 1.48 20,058.7 0.160 0.050 0.120 0.115 5068 LUSTER 0.115 -0.005 12240.4 0.116 227.2
0.720 0.499 0.625 0.625 7190 PPG 0.625 0.005 15 0.625 12.02 2.21 62.5 3.875 3.336 3.780 3.700 9199 LYSAGHT 3.730 0.060 33 3.734 9.89 1.88 155.1
1.659 1.240 1.280 1.270 8966 PRLEXUS 1.280 0.020 31.7 1.272 8.99 2.34 230.4 1.280 0.555 1.050 1.020 5098 MASTEEL 1.050 0.020 691.6 1.033 8.33 257.3
1.170 0.636 1.110 1.070 7134 PWF 1.110 0.060 1049.4 1.090 18.66 2.45 185.8 0.855 0.475 0.660 0.650 7029 MASTER 0.650 -0.005 74.4 0.655 11.36 1.54 35.5
2.705 1.840 2.200 2.190 7237 PWROOT 2.190 -0.010 113.3 2.195 15.42 5.25 722.4 1.170 0.906 1.070 1.050 5152 MBL 1.070 0.010 33.7 1.059 7.76 3.74 98.4
5.000 4.143 4.990 4.970 7084 QL 4.980 UNCH 118.5 4.980 31.70 0.85 6,215.2 0.870 0.618 0.810 0.790 7004 MCEHLDG 0.810 0.010 30.1 0.793 21.26 1.85 36.0
2.360 1.457 2.340 2.320 9946 REX 2.320 -0.010 37 2.332 103.57 0.86 143.0 0.660 0.285 0.290 0.285 3778 MELEWAR 0.285 UNCH 75 0.288 64.3
1.890 1.060 1.500 1.450 183 SALUTE 1.500 0.050 288.8 1.478 23.01 1.60 582.0 0.789 0.478 0.660 0.660 5223 MENTIGA 0.660 0.005 3 0.660 9.35 1.52 46.2
1.609 1.000 1.320 1.310 5252 SASBADI 1.310 -0.010 353.1 1.320 22.28 1.72 366.0 1.426 1.062 1.280 1.270 8192 MERCURY 1.270 -0.030 3 1.273 13.44 9.45 51.0
0.465 0.275 0.465 0.435 5157 SAUDEE 0.450 0.025 2172.8 0.453 500.0 54.0 1.837 1.596 6149 METROD 1.710 17.57 3.51 205.2
1.430 1.000 7180 SERNKOU 1.390 166.8 1.068 0.333 0.935 0.920 5001 MIECO 0.925 UNCH 2290.4 0.927 6.23 4.32 485.6
0.845 0.580 7165 SGB 0.655 112.0 0.150 0.075 0.140 0.135 7219 MINETEC 0.135 UNCH 2896.5 0.135 98.8
0.270 0.060 0.240 0.240 7165PA SGB-PA 0.240 UNCH 210 0.240 107.4 0.740 0.515 0.520 0.515 5576 MINHO 0.520 -0.020 92.6 0.519 8.95 114.2
2.065 1.480 1.510 1.510 7412 SHH 1.510 0.010 3 1.510 14.30 6.62 75.5 4.403 2.707 4.120 4.100 5916 MSC 4.100 -0.010 19.7 4.101 15.30 1.95 410.0
1.070 0.800 0.900 0.885 7246 SIGN 0.900 0.010 12.9 0.894 4.99 5.56 216.3 2.011 1.373 1.490 1.490 3883 MUDA 1.490 UNCH 15 1.490 17.57 2.01 454.5
0.915 0.194 0.685 0.685 8532 SINOTOP 0.685 -0.010 24 0.685 50.74 270.5 1.200 0.445 0.785 0.765 5087 MYCRON 0.775 0.005 232 0.774 6.05 219.7
0.865 0.610 0.635 0.615 9776 SMCAP 0.615 -0.020 63 0.626 32.20 37.6 0.240 0.035 7002 NAKA 0.110 6.1
0.385 0.200 0.330 0.330 7943 SNC 0.330 UNCH 10 0.330 44.00 21.8 0.385 0.155 0.160 0.155 5025 NWP 0.160 UNCH 1081.3 0.159 57.8
2.548 2.155 2.320 2.300 7103 SPRITZER 2.320 UNCH 47.1 2.318 16.85 2.50 423.6 1.190 0.535 1.010 0.995 4944 NYLEX 1.000 0.005 1292.7 1.000 9.56 2.00 194.3
1.500 1.020 1.080 1.080 7186 SWSCAP 1.080 UNCH 53 1.080 166.15 0.93 157.5 1.940 1.125 1.840 1.820 7140 OKA 1.840 0.010 96.7 1.826 10.34 2.99 300.4
0.669 0.480 0.490 0.480 7082 SYF 0.480 -0.010 1256.3 0.484 7.69 2.08 297.2 1.340 0.865 1.240 1.230 5065 ORNA 1.230 UNCH 101.2 1.231 9.90 2.44 92.6
0.505 0.280 7211 TAFI 0.420 33.6 0.085 0.055 0.060 0.055 7225 PA 0.060 UNCH 770 0.058 56.8
1.979 1.651 1.690 1.680 4405 TCHONG 1.680 -0.010 29.4 1.683 1.19 1,129.0 7.800 6.338 7.090 6.970 5183 PCHEM 7.010 0.040 4749.5 7.010 15.46 2.71 56,080.0
1.402 0.505 0.555 0.540 7200 TEKSENG 0.555 UNCH 232.7 0.550 10.30 3.60 193.2 2.020 1.454 1.540 1.500 5271 PECCA 1.520 0.010 146.2 1.516 19.14 2.63 285.8
1.250 0.865 0.885 0.880 7252 TEOSENG 0.885 UNCH 57 0.881 17.39 1.69 265.5 0.801 0.605 0.650 0.645 9997 PENSONI 0.650 UNCH 121.4 0.649 13.27 4.62 84.3
1.510 1.239 9369 TGL 1.500 20.05 5.00 61.1 7.901 5.649 6.450 6.260 5436 PERSTIM 6.290 -0.050 117.7 6.308 11.33 6.36 624.6
0.620 0.400 0.590 0.585 7230 TOMEI 0.590 0.005 20 0.588 14.57 81.8 21.925 17.949 18.780 18.620 6033 PETGAS 18.700 0.080 218.4 18.705 21.08 3.37 37,002.3
0.560 0.390 0.405 0.405 7176 TPC 0.405 UNCH 10 0.405 43.55 94.7 9.850 3.416 9.850 9.570 3042 PETRONM 9.760 0.270 632 9.719 8.00 2.25 2,635.2
6.461 4.089 5.640 5.600 4588 UMW 5.600 -0.040 16.7 5.601 3.57 6,542.4 2.476 1.595 2.270 2.250 7095 PIE 2.270 UNCH 698.1 2.259 19.12 1.06 871.8
2.480 1.934 2.410 2.410 7757 UPA 2.410 0.050 1.2 2.410 5.76 3.32 191.8 2.580 1.277 2.180 2.140 7172 PMBTECH 2.140 UNCH 9.3 2.162 15.53 1.87 171.2
1.668 0.677 1.450 1.450 7203 WANGZNG 1.450 0.010 0.3 1.450 12.62 2.76 232.0 2.977 2.530 2.870 2.830 8869 PMETAL 2.840 -0.010 921.5 2.851 19.43 1.79 10,603.7
0.325 0.080 0.255 0.245 5156 XDL 0.245 -0.005 589.4 0.249 27.53 165.1 0.575 0.450 0.505 0.505 6637 PNEPCB 0.505 UNCH 5.8 0.505 13.32 66.4
0.615 0.360 0.570 0.560 7121 XIANLNG 0.570 UNCH 28 0.565 41.4 0.995 0.270 0.490 0.445 8117 POLY 0.445 -0.040 297.5 0.468 2.25 71.2
0.185 0.020 5155 XINQUAN 0.055 26.7 1.670 0.920 1.570 1.520 8273 PPHB 1.560 0.050 300.5 1.548 9.61 171.4
2.822 2.175 2.430 2.400 5584 YEELEE 2.410 0.010 21.6 2.409 11.54 1.87 461.2 0.365 0.250 9458 PREMIER 0.275 229.1 92.7
1.560 1.034 1.480 1.450 5159 YOCB 1.460 -0.010 175.6 1.460 10.04 2.74 233.6 1.370 0.501 1.270 1.250 9873 PRESTAR 1.270 0.020 734.6 1.258 7.47 2.36 257.4
3.100 1.744 3.100 3.000 7178 YSPSAH 3.100 0.100 496.1 3.059 13.26 2.26 423.6 1.110 0.635 1.040 1.030 7168 PRG 1.030 UNCH 52.7 1.033 85.83 0.49 308.0
1.957 1.160 1.700 1.680 5131 ZHULIAN 1.700 UNCH 28.4 1.684 14.67 3.53 782.0 0.330 0.085 0.235 0.230 7123 PWORTH 0.230 -0.005 9590.3 0.230 88.46 214.1
INDUSTRIAL PRODUCTS 1.380 1.080 7544 QUALITY 1.140 66.1
1.420 0.922 1.370 1.350 12 3A 1.360 -0.010 89.1 1.363 15.72 1.06 669.1 0.800 0.510 7498 RALCO 0.700 29.4
0.210 0.085 0.135 0.130 7086 ABLEGRP 0.135 -0.005 675.8 0.135 35.6 5.840 5.310 5.650 5.640 7765 RAPID 5.650 UNCH 11 5.641 773.97 604.0
0.400 0.200 7131 ACME 0.310 67.7 0.745 0.400 0.420 0.400 5256 REACH 0.405 -0.015 2942.2 0.408 17.92 444.0
0.900 0.630 0.670 0.670 7191 ADVENTA 0.670 UNCH 39 0.670 3350 102.4 0.655 0.390 0.550 0.510 7232 RESINTC 0.540 0.020 614.3 0.533 8.19 2.22 74.1
2.694 2.045 2.200 2.200 9148 ADVPKG 2.200 UNCH 8 2.200 18.29 5.45 45.1 1.250 0.595 1.200 1.150 9741 ROHAS 1.200 UNCH 211 1.174 479.8
0.220 0.135 0.180 0.175 7146 AEM 0.175 UNCH 135 0.178 52.4 0.834 0.711 0.785 0.765 7803 RUBEREX 0.785 0.010 297.1 0.778 8.74 1.59 198.0
0.500 0.365 5198 AFUJIYA 0.420 23.33 75.6 5.250 3.604 4.880 4.800 5134 SAB 4.820 -0.080 37 4.826 13.57 1.04 660.0
0.635 0.405 0.450 0.450 2682 AISB 0.450 -0.030 10 0.450 13.39 65.0 8.490 4.773 8.180 8.050 9822 SAM 8.060 -0.030 30.8 8.100 22.12 1.28 1,014.9
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 6 Markets M ON DAY AU G U ST 7, 2 0 17 TH EEDGE FI N AN C I AL DAI LY

BURSA MAL AYSIA MAIN MARKET

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
0.979 0.826 0.960 0.960 7811 SAPIND 0.960 0.020 1 0.960 11.35 6.25 69.9 2.087 1.074 1.800 1.780 5208 EITA 1.800 0.030 27.5 1.799 8.63 2.22 234.0
1.325 0.984 1.080 1.070 5170 SCABLE 1.070 UNCH 72.9 1.071 17.48 2.80 339.2 1.508 1.102 1.280 1.250 5056 ENGTEX 1.270 0.020 781.8 1.263 6.27 0.79 461.0
3.450 2.049 3.200 3.190 7247 SCGM 3.200 UNCH 4.2 3.191 18.64 1.88 619.5 0.624 0.370 0.535 0.525 6939 FIAMMA 0.530 -0.005 112.7 0.531 10.79 2.83 280.9
0.740 0.520 0.550 0.550 9237 SCIB 0.550 -0.010 3.2 0.550 30.39 44.5 0.440 0.380 0.400 0.390 9318 FITTERS 0.400 0.005 976.7 0.392 1.50 192.2
8.928 5.880 8.670 8.600 4731 SCIENTX 8.610 0.010 102.1 8.603 18.87 1.86 4,163.4 1.468 1.084 1.260 1.230 7210 FREIGHT 1.230 0.010 11.2 1.242 10.59 4.07 229.0
0.345 0.250 7239 SCNWOLF 0.290 25.4 0.415 0.135 0.415 0.400 128 FRONTKN 0.410 0.010 40212 0.407 16.27 431.9
0.525 0.135 0.255 0.255 7366 SCOMIEN 0.255 UNCH 94.8 0.255 87.2 0.290 0.150 0.195 0.195 9377 FSBM 0.195 -0.025 6 0.195 27.6
1.660 0.660 1.360 1.310 7073 SEACERA 1.310 -0.040 1935.2 1.323 69.68 2.29 322.3 3.096 2.244 2.990 2.960 5209 GASMSIA 2.980 0.010 695.9 2.969 22.84 4.32 3,826.3
0.230 0.140 0.160 0.150 5145 SEALINK 0.160 UNCH 31.9 0.150 80.0 0.820 0.615 0.675 0.665 78 GDEX 0.665 -0.005 1179.7 0.668 95.00 0.38 3,708.2
0.765 0.250 0.630 0.615 5163 SEB 0.615 -0.015 34.4 0.617 49.2 6.302 4.138 6.110 6.050 4715 GENM 6.050 -0.050 2365 6.086 11.25 1.52 35,925.2
1.060 0.388 1.020 0.990 5181 SIGGAS 0.990 -0.030 1366.9 1.001 41.08 1.21 185.6 10.000 7.449 9.750 9.630 3182 GENTING 9.750 UNCH 798.6 9.706 13.86 0.62 37,204.3
1.040 0.550 0.750 0.750 7115 SKBSHUT 0.750 UNCH 7 0.750 11.18 30.0 4.500 1.717 4.380 4.290 3204 GKENT 4.380 0.070 672.1 4.343 15.70 2.28 1,644.7
1.450 1.121 1.450 1.370 7155 SKPRES 1.380 -0.060 3297.5 1.404 15.45 3.01 1,725.3 0.555 0.300 7676 GUNUNG 0.440 103.9
2.923 1.949 2.420 2.390 7248 SLP 2.410 0.020 22 2.401 23.44 1.87 636.6 4.390 1.860 4.150 4.060 7668 HAIO 4.140 0.030 318.8 4.110 22.59 2.58 1,236.4
0.700 0.585 7132 SMISCOR 0.625 4.00 28.0 0.335 0.200 0.245 0.235 7253 HANDAL 0.240 UNCH 286.4 0.239 38.4
1.780 0.889 1.680 1.660 5665 SSTEEL 1.680 0.020 194.5 1.671 1.79 720.8 9.350 7.192 9.100 9.010 3034 HAPSENG 9.100 0.050 77.7 9.068 21.34 3.85 22,656.1
0.325 0.065 0.260 0.245 7143 STONE 0.260 UNCH 45.1 0.254 23.4 1.053 0.670 0.710 0.670 2062 HARBOUR 0.710 0.035 30 0.674 8.54 2.82 284.3
1.550 1.340 1.360 1.360 6904 SUBUR 1.360 UNCH 5 1.360 284.2 4.077 2.834 3.940 3.930 5008 HARISON 3.930 -0.040 6.2 3.935 12.72 6.36 269.2
4.320 1.535 3.600 3.570 7207 SUCCESS 3.600 0.010 63.6 3.583 11.11 1.39 441.7 0.150 0.050 0.065 0.060 7013 HUBLINE 0.060 UNCH 5355.6 0.061 66.3
2.650 1.764 2.640 2.560 7235 SUPERLN 2.590 -0.010 174.5 2.605 17.34 1.06 414.4 0.480 0.220 0.240 0.235 5255 ICON 0.235 -0.005 454 0.237 276.6
2.324 1.852 1.920 1.890 7106 SUPERMX 1.900 -0.020 1467.4 1.902 21.66 1.32 1,292.3 6.696 5.512 6.000 5.940 5225 IHH 6.000 0.040 323.4 5.974 58.31 0.50 49,434.4
4.210 3.317 3.650 3.580 5012 TAANN 3.640 0.030 257.2 3.620 10.61 3.32 1,619.2 0.920 0.710 0.770 0.770 5614 ILB 0.770 UNCH 6.3 0.770 59.23 3.25 150.2
0.545 0.350 0.410 0.395 4022 TADMAX 0.405 0.010 1267.6 0.404 218.1 1.000 0.725 5673 IPMUDA 0.725 4.14 52.5
0.415 0.235 0.290 0.280 5149 TAS 0.285 -0.005 72 0.284 51.3 2.166 1.325 58 JCBNEXT 1.780 27.99 1.12 249.2
14.658 12.135 13.000 12.980 4448 TASEK 13.000 0.200 7.1 12.998 107.35 9.23 1,607.1 0.310 0.230 0.275 0.265 8923 JIANKUN 0.275 UNCH 57.9 0.271 45.9
0.290 0.095 0.190 0.185 5178 TATGIAP 0.185 -0.005 205 0.186 28.7 0.390 0.295 8672 KAMDAR 0.355 70.3
1.250 0.290 1.250 1.170 7097 TAWIN 1.250 0.080 1849.5 1.201 16.58 80.4 0.330 0.180 0.195 0.195 5079 KBES 0.195 0.005 100 0.195 24.6
2.920 1.020 1.690 1.690 7439 TECGUAN 1.690 0.010 18 1.690 9.68 67.8 1.960 1.690 1.870 1.860 6491 KFIMA 1.870 0.020 44.9 1.868 17.38 4.81 527.8
4.803 3.817 4.250 4.190 7034 TGUAN 4.250 0.050 132.7 4.215 8.39 2.82 563.0 0.739 0.236 0.665 0.655 151 KGB 0.660 0.005 265.4 0.658 13.78 1.52 151.7
2.166 1.479 1.720 1.710 7374 TIENWAH 1.720 UNCH 53.5 1.716 4.34 6.98 249.0 1.680 1.020 5035 KNUSFOR 1.150 1.74 114.6
0.800 0.560 0.630 0.630 7854 TIMWELL 0.630 -0.010 2 0.630 56.1 4.290 3.803 4.220 4.190 5878 KPJ 4.220 UNCH 230.3 4.200 30.45 1.66 4,507.5
1.080 0.595 1.020 1.010 7285 TOMYPAK 1.020 UNCH 340.7 1.018 17.00 3.14 427.4 1.678 0.993 1.320 1.310 5843 KPS 1.310 -0.010 34.4 1.313 1091.6 4.77 653.7
3.760 1.731 3.600 3.580 5010 TONGHER 3.600 0.020 64.9 3.594 10.72 8.33 566.7 0.590 0.485 0.540 0.530 9121 KPSCB 0.535 UNCH 93.5 0.537 10.92 79.1
5.878 4.087 5.790 5.670 7113 TOPGLOV 5.750 0.030 2496.6 5.741 24.07 2.52 7,222.8 0.225 0.115 0.145 0.140 4847 KTB 0.145 UNCH 223 0.144 58.4
0.850 0.495 7173 TOYOINK 0.750 80.3 0.628 0.299 0.525 0.515 6874 KUB 0.525 0.005 676.8 0.520 11.72 1.90 292.1
0.230 0.145 0.195 0.190 4359 TURIYA 0.195 0.005 6 0.193 44.6 0.380 0.240 0.260 0.255 7170 LFECORP 0.260 UNCH 95 0.257 27.66 47.2
1.980 1.490 1.940 1.930 7100 UCHITEC 1.940 UNCH 162.6 1.933 14.38 6.70 863.5 0.650 0.420 0.500 0.475 8486 LIONFIB 0.500 UNCH 28.3 0.481 115.8
6.311 3.310 4.100 3.920 7133 ULICORP 4.100 0.090 13.3 3.990 21.32 2.93 595.3 2.260 1.367 2.160 2.090 5143 LUXCHEM 2.110 0.030 1228.3 2.112 12.67 3.32 591.1
1.425 1.150 1.290 1.270 7227 UMSNGB 1.270 -0.030 50 1.281 9.20 2.36 101.6 2.421 1.670 1.710 1.680 3859 MAGNUM 1.690 -0.010 514.2 1.694 15.88 7.69 2,429.8
1.680 0.870 0.945 0.880 4995 VERSATL 0.900 0.015 3797.4 0.906 1500 105.6 1.700 1.010 1.050 1.010 5264 MALAKOF 1.020 UNCH 13014.9 1.031 13.77 6.86 5,100.0
2.210 1.277 2.180 2.140 6963 VS 2.170 UNCH 2076.4 2.161 19.58 2.23 2,612.3 0.179 0.140 0.145 0.140 3514 MARCO 0.145 UNCH 1124 0.145 8.73 3.45 152.9
1.010 0.750 0.985 0.980 5142 WASEONG 0.985 0.005 464.4 0.983 0.51 763.3 6.549 5.415 5.770 5.740 6012 MAXIS 5.760 UNCH 2858.5 5.757 20.79 3.47 44,988.5
0.485 0.345 7226 WATTA 0.435 36.7 0.955 0.680 0.705 0.690 5077 MAYBULK 0.690 UNCH 220.3 0.694 690.0
2.170 1.471 2.050 2.050 7111 WEIDA 2.050 UNCH 61 2.050 14.34 1.46 273.3 2.636 2.054 2.220 2.200 5983 MBMR 2.200 -0.020 51.2 2.204 12.81 2.73 860.0
2.349 1.741 2.200 2.150 7231 WELLCAL 2.150 -0.030 52.8 2.161 21.02 4.28 713.7 1.378 0.795 0.830 0.795 4502 MEDIA 0.800 -0.020 1308.7 0.810 10.00 887.4
0.525 0.229 0.445 0.410 6378 WMG 0.435 -0.010 140.4 0.437 185.4 0.729 0.495 0.535 0.530 5090 MEDIAC 0.535 0.005 225 0.532 13.48 5.74 902.7
0.845 0.595 0.720 0.710 7050 WONG 0.710 -0.015 158 0.714 129.09 65.1 1.070 0.550 7234 MESB 0.890 37.4
0.700 0.475 7025 WOODLAN 0.550 14.55 22.0 4.000 1.818 3.860 3.810 3069 MFCB 3.830 0.010 140 3.828 10.02 1.31 1,539.9
2.084 1.836 1.980 1.980 5009 WTHORSE 1.980 0.010 2 1.980 31.03 5.05 475.2 1.160 0.695 0.710 0.695 5186 MHB 0.700 -0.010 1019.8 0.701 1,120.0
1.145 0.850 0.860 0.850 4243 WTK 0.850 -0.005 138.5 0.852 84.16 2.35 409.1 7.827 6.785 7.540 7.390 3816 MISC 7.400 0.030 826.5 7.410 12.30 3.65 33,032.1
1.380 0.953 1.110 1.090 7245 WZSATU 1.110 -0.010 131 1.105 12.70 1.80 387.3 2.606 2.055 2.370 2.330 2194 MMCCORP 2.350 -0.020 617.8 2.358 12.94 1.70 7,155.9
0.865 0.745 0.780 0.780 5048 YILAI 0.780 UNCH 13.3 0.780 36.11 124.8 0.395 0.205 0.320 0.315 59 MMODE 0.315 UNCH 647.9 0.315 1.90 51.3
0.400 0.190 0.205 0.205 7020 YKGI 0.205 UNCH 82.3 0.205 71.4 0.100 0.045 0.050 0.045 43 MTRONIC 0.050 UNCH 654.7 0.049 47.5
0.700 0.380 7014 YLI 0.510 10.02 0.98 52.5 0.280 0.115 0.165 0.160 3891 MUIIND 0.165 UNCH 1055.5 0.165 483.9
CONSTRUCTION 3.050 1.950 2.460 2.390 3905 MULPHA 2.460 0.010 6.2 2.445 25.65 786.3
1.200 0.735 0.990 0.975 5281 ADVCON 0.985 0.010 1694.3 0.981 13.81 396.0 2.370 1.385 2.130 2.080 138 MYEG 2.130 0.030 5214.4 2.114 39.59 0.64 7,681.4
0.750 0.280 7007 ARK 0.475 23.1 0.910 0.305 0.820 0.800 9806 NATWIDE 0.800 -0.005 262.2 0.810 96.2
1.200 0.600 1.110 1.100 7078 AZRB 1.100 -0.010 381.9 1.110 18.30 1.82 584.7 0.140 0.070 0.075 0.070 4464 NICORP 0.070 -0.005 288.6 0.074 5.93 61.4
0.793 0.581 6173 BDB 0.645 6.13 6.98 196.0 0.828 0.631 0.740 0.740 5533 OCB 0.740 0.020 2 0.740 13.33 1.35 76.1
0.625 0.351 0.425 0.410 5190 BENALEC 0.420 -0.005 1459.1 0.420 23.73 1.67 341.0 0.985 0.750 0.905 0.900 172 OCK 0.900 UNCH 70.3 0.900 27.61 0.67 784.3
0.510 0.350 0.360 0.350 5932 BPURI 0.360 UNCH 779.2 0.354 102.86 96.2 3.460 1.614 2.790 2.760 5201 OLDTOWN 2.760 -0.020 191.2 2.777 20.51 2.72 1,278.5
1.070 0.790 0.980 0.925 8761 BREM 0.925 -0.045 413.9 0.947 67.52 1.62 319.6 0.210 0.070 0.120 0.115 3018 OLYMPIA 0.115 -0.005 463.6 0.119 23.96 117.7
1.180 0.840 1.100 1.070 8591 CRESBLD 1.080 -0.010 218.2 1.083 10.98 3.70 191.1 2.540 1.260 1.290 1.260 5260 OWG 1.260 -0.030 747.5 1.269 46.15 306.0
2.086 1.437 1.800 1.800 7528 DKLS 1.800 UNCH 20 1.800 3.33 1.67 166.9 0.510 0.390 0.410 0.410 8419 PANSAR 0.410 -0.005 11 0.410 23.43 2.44 114.8
2.760 1.397 2.740 2.710 5253 ECONBHD 2.720 0.020 24.8 2.718 18.55 1.65 1,455.2 0.680 0.432 0.675 0.660 5125 PANTECH 0.660 -0.010 1585.4 0.666 13.72 2.61 490.2
1.520 0.985 1.130 1.110 8877 EKOVEST 1.110 -0.010 4326.7 1.118 10.43 1.08 2,374.5 0.885 0.550 0.565 0.550 5657 PARKSON 0.555 UNCH 223.9 0.556 607.1
1.010 0.482 0.965 0.940 7047 FAJAR 0.955 0.025 4533.9 0.955 13.57 2.62 351.3 1.310 0.999 1.290 1.280 5041 PBA 1.290 0.010 20 1.281 6.39 3.10 427.3
1.370 0.885 1.240 1.200 9261 GADANG 1.240 0.020 3671.2 1.228 9.30 2.26 815.4 0.110 0.045 0.045 0.045 6254 PDZ 0.045 UNCH 880 0.045 39.1
5.459 4.541 5.420 5.380 5398 GAMUDA 5.410 0.030 4261.6 5.408 20.12 2.22 13,258.5 1.250 0.867 5133 PENERGY 1.040 1.92 334.6
1.610 0.815 1.610 1.550 5226 GBGAQRS 1.590 0.010 1185.4 1.591 17.73 683.6 1.550 1.540 7108 PERDANA 1.540 1,198.8
0.920 0.710 0.755 0.730 5169 HOHUP 0.740 -0.005 450.6 0.745 4.44 277.4 0.235 0.040 0.050 0.040 47 PERISAI 0.050 0.005 854.9 0.045 63.0
1.846 1.510 1.520 1.520 6238 HSL 1.520 UNCH 96.4 1.520 16.24 1.58 885.7 0.290 0.115 0.215 0.195 7080 PERMAJU 0.210 0.010 200 0.205 41.1
3.557 2.998 3.490 3.420 3336 IJM 3.420 -0.010 2531 3.439 18.84 2.19 12,405.0 1.770 1.413 1.600 1.550 5219 PESTECH 1.600 0.040 109.6 1.566 21.86 1,221.4
0.760 0.565 0.685 0.680 5268 IKHMAS 0.685 0.005 46.1 0.683 69.19 0.73 356.2 25.245 22.325 24.020 23.780 5681 PETDAG 23.800 -0.220 382.2 23.812 25.01 3.03 23,644.2
0.360 0.290 0.305 0.300 192 INTA 0.300 -0.005 1958 0.300 0.25 160.6 0.250 0.030 7027 PETONE 0.055 8.33 2.8
0.710 0.500 8834 IREKA 0.615 22.95 105.1 5.577 4.370 4.390 4.380 7081 PHARMA 4.380 0.010 2.4 4.382 24.59 3.65 1,136.1
1.790 0.910 1.490 1.460 4723 JAKS 1.480 0.010 1155.2 1.475 89.70 713.7 0.189 0.118 0.155 0.155 7201 PICORP 0.155 -0.005 98.6 0.155 3.94 102.0
0.500 0.210 0.285 0.275 9083 JETSON 0.285 0.005 327 0.278 58.9 0.420 0.225 7163 PJBUMI 0.265 21.7
3.790 2.030 3.630 3.570 7161 KERJAYA 3.600 0.030 444.1 3.600 15.80 1.53 2,017.1 5.780 2.721 5.320 5.200 4634 POS 5.300 0.020 1030.9 5.287 41.12 2.02 4,148.7
2.380 1.706 2.380 2.240 5171 KIMLUN 2.380 0.130 29.9 2.255 9.16 2.73 738.9 2.530 1.870 1.950 1.910 5204 PRESBHD 1.920 UNCH 793.4 1.929 102.67 1.56 929.3
1.540 1.010 9628 LEBTECH 1.500 156.25 204.7 2.500 1.530 1.630 1.530 8346 PRKCORP 1.620 -0.010 13.5 1.554 162.0
1.240 0.684 5129 MELATI 0.805 6.55 2.17 96.6 0.320 0.155 0.315 0.305 186 PTRANS 0.310 UNCH 2016.9 0.310 13.08 1.45 354.3
0.575 0.240 0.455 0.425 5006 MERGE 0.440 0.015 736.9 0.443 17.46 29.5 0.932 0.820 0.830 0.820 5272 RANHILL 0.820 -0.005 79.3 0.826 8.42 9.51 728.4
1.417 1.109 1.360 1.350 9571 MITRA 1.350 UNCH 723.8 1.350 7.03 3.70 922.2 0.360 0.165 0.290 0.280 37 RGB 0.285 UNCH 2867.5 0.285 14.92 2.11 381.4
1.340 0.610 1.260 1.250 7595 MLGLOBAL 1.250 UNCH 243.3 1.254 41.81 493.2 0.385 0.305 0.325 0.325 8885 RPB 0.325 -0.015 15 0.325 279.0
0.440 0.250 0.325 0.300 5924 MTDACPI 0.325 0.025 76 0.317 75.3 0.687 0.485 0.500 0.485 8567 SALCON 0.490 -0.010 1500.8 0.490 3.86 332.1
1.670 0.725 1.210 1.190 5085 MUDAJYA 1.200 -0.010 242.6 1.200 662.9 1.147 0.358 0.875 0.835 5147 SAMCHEM 0.865 0.020 350.8 0.853 14.32 3.76 235.3
2.990 2.090 2.830 2.770 5703 MUHIBAH 2.770 -0.050 690.5 2.817 11.94 1.99 1,335.5 0.315 0.110 0.255 0.250 9113 SANBUMI 0.255 UNCH 710.5 0.252 57.7
0.724 0.356 0.635 0.630 8311 PESONA 0.630 -0.005 65 0.632 20.79 3.17 420.4 2.399 1.920 2.110 2.080 99 SCICOM 2.090 UNCH 563.8 2.082 15.68 4.31 742.9
1.980 1.132 1.980 1.900 7055 PLB 1.960 0.090 163.5 1.936 57.48 0.51 178.9 0.215 0.090 0.115 0.110 7158 SCOMI 0.110 UNCH 1460 0.115 210.9
1.273 0.924 1.040 1.030 5070 PRTASCO 1.040 UNCH 125.8 1.033 13.58 5.77 441.7 0.270 0.105 0.115 0.110 7045 SCOMIES 0.115 0.005 306.5 0.110 269.3
0.215 0.095 0.150 0.150 7145 PSIPTEK 0.150 -0.005 944.5 0.150 15.96 52.3 1.160 0.972 7053 SEEHUP 1.010 7.13 52.8
4.270 3.125 4.060 4.040 9598 PTARAS 4.050 0.010 27.1 4.045 17.34 4.94 668.1 0.769 0.559 0.690 0.680 9792 SEG 0.680 -0.010 1191.4 0.684 32.69 5.15 859.7
1.390 0.405 1.140 1.110 5205 SENDAI 1.120 -0.010 1877.1 1.119 0.45 866.9 1.911 1.120 1.470 1.400 5250 SEM 1.420 -0.050 1050.8 1.432 36.98 1.62 1,751.4
2.180 1.533 2.140 2.110 5263 SUNCON 2.120 UNCH 456.9 2.124 21.22 2.36 2,740.9 2.100 1.324 1.530 1.500 5218 SENERGY 1.510 -0.020 2137.3 1.514 71.23 0.66 9,048.2
0.415 0.295 0.300 0.295 9717 SYCAL 0.295 UNCH 46 0.296 16.39 94.5 2.267 1.488 1.930 1.880 5279 SERBADK 1.900 UNCH 2253.2 1.907 1.99 2,536.5
0.795 0.364 0.795 0.770 5054 TRC 0.790 0.030 18783.3 0.787 9.81 2.41 379.6 9.700 7.261 9.410 9.380 4197 SIME 9.400 UNCH 2545.4 9.398 20.06 2.87 63,927.9
2.320 1.500 1.720 1.710 5622 TRIPLC 1.720 0.010 20 1.719 10.95 118.0 0.917 0.651 9431 SJC 0.670 44.97 1.49 27.2
0.825 0.430 0.695 0.690 5042 TSRCAP 0.690 -0.005 40 0.692 10.50 120.4 1.380 1.200 1.240 1.210 5242 SOLID 1.240 UNCH 43.9 1.219 41.89 1.05 207.5
0.145 0.110 0.120 0.115 7070 VIZIONE 0.115 UNCH 1365.5 0.116 104.55 100.6 2.540 2.140 2.270 2.260 6084 STAR 2.260 -0.010 89.7 2.268 16.50 7.96 1,669.2
1.680 0.890 1.390 1.380 3565 WCEHB 1.390 -0.010 167.3 1.387 39.71 1,393.8 3.090 2.262 2.840 2.810 9865 SUIWAH 2.810 -0.120 6.2 2.832 16.84 1.25 171.4
2.467 1.496 1.950 1.890 9679 WCT 1.890 -0.060 1359.6 1.909 25.68 1.58 2,671.4 0.105 0.045 0.055 0.050 1201 SUMATEC 0.050 UNCH 3309.3 0.050 193.3
0.670 0.535 0.545 0.535 7028 ZECON 0.535 -0.005 298 0.542 1.24 63.7 4.400 2.756 4.350 4.290 5211 SUNWAY 4.340 0.020 2774.7 4.311 15.00 2.05 9,050.0
0.205 0.100 0.130 0.125 2283 ZELAN 0.130 UNCH 160.5 0.127 109.8 2.257 1.846 2.090 2.080 6521 SURIA 2.090 0.030 40.5 2.086 9.44 3.35 602.3
TRADING SERVICES 0.345 0.235 0.270 0.270 5173 SYSCORP 0.270 UNCH 20 0.270 300.0 324.0
0.550 0.350 0.390 0.380 5238 AAX 0.380 -0.010 18366.2 0.384 38.78 1,576.3 0.490 0.285 0.440 0.415 7228 T7GLOBAL 0.430 -0.005 2291.1 0.425 17.55 164.1
0.260 0.135 0.145 0.140 5166 AEGB 0.145 0.005 329.7 0.145 59.4 1.747 1.289 1.480 1.480 8524 TALIWRK 1.480 0.010 8.4 1.480 25.65 5.41 1,790.0
2.960 2.082 2.120 2.110 6599 AEON 2.120 UNCH 92.5 2.115 40.38 1.42 2,976.5 2.667 1.419 2.550 2.510 5140 TASCO 2.520 -0.030 38.6 2.525 16.44 1.79 504.0
0.435 0.160 0.310 0.290 7315 AHB 0.295 -0.010 3140.1 0.298 84.29 47.2 14.560 12.832 14.180 14.120 5347 TENAGA 14.160 -0.020 6643 14.160 11.52 2.75 80,131.7
3.468 2.086 3.290 3.250 5099 AIRASIA 3.290 0.030 5180 3.274 5.43 3.65 10,995.1 1.573 1.150 1.160 1.150 8702 TEXCHEM 1.150 UNCH 55.5 1.151 28.75 17.39 142.7
9.389 5.872 8.760 8.700 5014 AIRPORT 8.730 -0.020 2867.7 8.724 125.97 1.26 14,484.7 0.225 0.050 0.055 0.050 7206 THHEAVY 0.055 UNCH 296.1 0.051 61.7
0.370 0.110 0.130 0.130 5115 ALAM 0.130 UNCH 203.3 0.130 120.2 6.698 5.690 6.400 6.390 4863 TM 6.400 0.010 976.3 6.399 35.34 3.36 24,050.8
0.270 0.070 0.090 0.085 159 AMEDIA 0.090 0.005 33.5 0.090 21.6 0.990 0.770 0.790 0.770 101 TMCLIFE 0.780 UNCH 668.1 0.774 65.00 0.15 1,354.2
8.632 7.200 7.250 7.200 6351 AMWAY 7.220 0.010 4.9 7.232 25.77 2.77 1,186.9 1.870 1.470 1.700 1.680 8397 TNLOGIS 1.700 0.010 300.2 1.690 8.67 2.94 763.2
2.378 2.133 2.170 2.170 7083 ANALABS 2.170 -0.030 22 2.170 10.89 1.50 130.3 1.060 0.380 7218 TOCEAN 0.635 39.69 26.0
0.085 0.025 0.045 0.040 5194 APFT 0.040 -0.005 5948.5 0.044 22.0 1.000 0.750 5167 TURBO 0.770 21.21 6.49 83.2
0.840 0.500 0.700 0.690 5210 ARMADA 0.695 UNCH 1658.4 0.694 1.18 4,077.1 2.892 2.400 7137 UMS 2.700 15.38 2.22 109.9
0.220 0.100 0.160 0.155 1481 ASB 0.160 UNCH 1146 0.158 20.25 1.56 108.3 1.040 0.285 0.295 0.285 5243 UMWOG 0.290 -0.005 6965.9 0.291 627.0
2.869 2.466 2.650 2.620 6399 ASTRO 2.650 0.030 1353.5 2.634 22.29 4.34 13,805.2 1.294 0.978 1.080 1.070 7091 UNIMECH 1.070 0.020 8.7 1.070 15.64 2.80 140.4
4.959 4.000 4.340 4.000 7048 ATLAN 4.300 -0.120 454.4 4.048 21.70 3.72 1,090.7 0.730 0.365 5754 UTUSAN 0.425 47.1
1.180 0.715 1.150 1.130 7579 AWC 1.150 0.020 833.6 1.143 13.51 1.30 306.9 1.980 1.300 1.430 1.420 7250 UZMA 1.420 UNCH 514.2 1.420 17.03 454.4
5.898 4.085 4.810 4.740 6888 AXIATA 4.790 -0.010 3150.6 4.775 112.97 1.67 43,101.0 1.070 0.600 1.070 0.995 7240 VOIR 1.060 0.065 960 1.032 757.1 153.9
0.653 0.225 0.575 0.550 5021 AYS 0.560 0.010 1813.9 0.565 7.65 4.46 213.0 2.157 1.663 1.990 1.990 5016 WARISAN 1.990 -0.110 1 1.990 2.01 133.7
0.740 0.560 0.575 0.560 7251 BARAKAH 0.570 UNCH 116 0.572 54.29 470.6 0.580 0.410 7692 WIDETEC 0.580 26.48 26.0
2.293 1.843 1.950 1.920 5248 BAUTO 1.950 0.010 234.5 1.933 18.79 5.97 2,251.3 4.426 3.542 3.660 3.610 5246 WPRTS 3.660 0.020 202.3 3.640 20.95 3.57 12,480.6
0.495 0.365 0.385 0.375 7241 BHS 0.385 0.005 303.8 0.379 176.5 1.448 0.816 1.150 1.130 5267 XINHWA 1.150 UNCH 91.9 1.140 24.21 0.87 248.4
0.280 0.170 0.200 0.195 6998 BINTAI 0.200 -0.005 85.6 0.198 57.9 0.075 0.020 0.050 0.045 7122 YFG 0.045 -0.005 310 0.050 27.4
6.567 5.863 5032 BIPORT 6.060 17.39 3.96 2,787.6 3.679 2.794 3.600 3.580 7293 YINSON 3.600 UNCH 93.4 3.594 16.76 0.56 3,934.1
2.610 1.428 2.600 2.500 5275 BISON 2.600 UNCH 28.6 2.577 40.82 0.77 806.2 1.715 1.400 1.430 1.400 4677 YTL 1.420 0.020 4677.3 1.417 17.77 6.69 15,493.0
0.410 0.306 0.330 0.325 3395 BJCORP 0.325 -0.005 3173.5 0.329 12.17 1,600.2 FINANCE
1.956 1.208 1.400 1.390 5196 BJFOOD 1.390 -0.010 31.7 1.392 46.18 529.3 13.980 13.140 13.580 13.420 5139 AEONCR 13.420 -0.180 106.8 13.464 10.96 3.13 2,898.7
0.700 0.425 0.430 0.430 4219 BJLAND 0.430 -0.005 41.1 0.430 7.78 2,150.1 2.949 2.018 2.560 2.550 5185 AFFIN 2.560 UNCH 89.3 2.553 8.75 2.93 4,973.9
0.470 0.205 0.325 0.325 6025 BJMEDIA 0.325 0.005 15.1 0.325 76.4 4.400 3.446 3.900 3.870 2488 AFG 3.890 -0.010 286.7 3.889 11.58 4.11 6,022.1
3.258 2.280 2.360 2.330 1562 BJTOTO 2.330 -0.020 729 2.340 13.01 6.01 3,147.9 15.600 9.492 14.100 13.960 1163 ALLIANZ 14.040 -0.040 61.5 13.997 7.87 0.64 2,449.7
0.135 0.092 0.105 0.100 7036 BORNOIL 0.105 UNCH 15193 0.100 11.41 477.3 15.100 9.511 1163PA ALLIANZ-PA 15.100 0.72 1,311.8
0.945 0.515 0.530 0.525 9474 BRAHIMS 0.525 -0.005 95 0.526 124.0 5.551 3.754 4.910 4.850 1015 AMBANK 4.870 0.020 787.3 4.870 11.05 3.61 14,679.1
2.789 2.510 2.710 2.670 2771 BSTEAD 2.710 0.010 421.5 2.704 14.46 5.54 5,493.1 1.934 1.263 5088 APEX 1.570 23.57 3.18 335.3
0.395 0.280 0.300 0.300 5257 CARIMIN 0.300 0.010 6 0.300 70.2 4.610 3.782 4.450 4.360 5258 BIMB 4.370 -0.090 231.4 4.402 12.14 2.97 7,156.9
1.990 1.300 1.700 1.650 5245 CARING 1.650 -0.050 10.5 1.687 27.36 0.91 359.2 11.140 8.057 10.600 10.460 1818 BURSA 10.580 UNCH 347.9 10.526 26.95 3.50 5,686.8
3.397 2.130 2.280 2.230 2925 CCB 2.280 0.050 20.1 2.250 11.97 2.19 229.7 6.870 4.129 6.770 6.600 1023 CIMB 6.620 0.020 12681.2 6.631 14.78 3.02 59,925.0
1.440 0.835 1.280 1.250 7117 CENTURY 1.270 0.030 583.1 1.264 23.74 2.76 498.6 0.705 0.320 0.550 0.535 2143 ECM 0.550 UNCH 267.3 0.545 23.40 157.6
0.470 0.400 7209 CHEETAH 0.400 1.88 51.0 1.260 1.102 1.220 1.190 5228 ELKDESA 1.200 -0.010 129.1 1.205 11.19 5.63 353.2
1.490 0.812 1.360 1.350 5273 CHINHIN 1.350 -0.010 554.1 1.350 15.59 2.59 719.4 16.300 12.501 16.000 15.640 5819 HLBANK 16.000 0.340 459.1 15.841 14.74 2.56 34,683.5
0.675 0.383 0.610 0.600 7016 CHUAN 0.600 UNCH 198.3 0.604 8.25 3.00 101.2 10.100 7.327 5274 HLCAP 9.980 31.65 1.20 2,464.0
0.100 0.065 0.075 0.070 5104 CNI 0.075 0.005 10.1 0.070 4.00 54.0 17.735 13.892 17.000 16.880 1082 HLFG 16.900 -0.020 71.7 16.902 11.78 2.25 19,393.0
1.240 0.650 0.850 0.840 5136 COMPLET 0.850 UNCH 10 0.845 10.90 105.2 2.610 2.521 6688 HWANG 2.610 20.03 1.15 666.0
0.045 0.025 0.030 0.025 5037 COMPUGT 0.030 UNCH 520 0.029 64.0 1.140 0.627 1.060 1.040 3379 INSAS 1.050 0.010 1848.3 1.050 3.81 0.95 728.0
2.820 1.907 2.500 2.460 5184 CYPARK 2.470 0.010 56.7 2.470 12.66 2.11 644.5 0.970 0.887 0.960 0.960 3379PA INSAS-PA 0.960 0.005 2 0.960 6.25 127.3
0.880 0.565 0.575 0.565 5276 DANCO 0.565 UNCH 800.2 0.574 12.10 2.65 168.4 0.395 0.120 0.345 0.305 3441 JOHAN 0.340 0.035 32651.8 0.332 211.8
0.105 0.050 0.075 0.070 91 DAYA 0.075 UNCH 492 0.072 143.2 0.690 0.415 0.530 0.525 6483 KENANGA 0.530 UNCH 114.8 0.529 33.33 4.25 382.9
1.290 0.730 1.010 1.000 5141 DAYANG 1.000 UNCH 90.6 1.003 22.83 964.8 19.302 15.157 17.940 17.840 8621 LPI 17.860 0.040 88 17.877 19.91 4.59 5,929.3
1.126 0.790 0.800 0.790 5132 DELEUM 0.790 -0.010 62.2 0.795 14.44 4.43 316.2 0.917 0.814 0.830 0.820 1198 MAA 0.820 -0.015 699.1 0.821 10.98 224.3
0.895 0.600 0.650 0.640 7212 DESTINI 0.650 UNCH 390 0.644 19.46 750.9 3.210 2.625 3.200 3.190 1058 MANULFE 3.200 0.030 4 3.195 12.71 3.28 647.6
1.970 1.426 1.950 1.910 7277 DIALOG 1.930 -0.010 12405.1 1.931 29.78 1.24 10,888.4 9.670 7.250 9.650 9.620 1155 MAYBANK 9.650 0.010 10850 9.644 13.85 5.39 101,886.6
6.537 4.312 5.000 4.990 5908 DKSH 5.000 0.010 87.7 4.999 16.01 1.90 788.3 1.380 0.743 1.260 1.240 1171 MBSB 1.240 -0.010 1679.9 1.247 20.91 2.42 7,346.3
0.690 0.196 0.570 0.555 4456 DNEX 0.560 UNCH 14414.5 0.561 3.91 0.89 981.1 2.840 1.621 2.520 2.480 6459 MNRB 2.500 UNCH 95.5 2.490 10.84 799.0
1.591 1.092 1.180 1.170 5216 DSONIC 1.170 -0.010 332.1 1.176 25.22 3.42 1,579.5 1.830 1.160 1.480 1.460 5237 MPHBCAP 1.480 -0.010 73.3 1.468 16.37 1,058.2
0.295 0.175 0.175 0.175 2097 EASTLND 0.175 UNCH 274.7 0.175 43.0 1.309 1.185 1.260 1.250 6009 P&O 1.260 -0.020 61 1.260 19.66 7.70 309.9
0.920 0.385 0.405 0.395 5259 EATECH 0.400 -0.005 1288.7 0.400 5.63 201.6 20.760 18.918 20.760 20.580 1295 PBBANK 20.760 0.160 2661.3 20.668 15.12 2.84 80,593.2
0.370 0.200 0.235 0.235 5036 EDARAN 0.235 -0.005 5 0.235 14.1 1.920 0.715 1.700 1.680 9296 RCECAP 1.700 UNCH 753.3 1.689 7.12 1.76 602.8
0.290 0.165 0.200 0.195 7471 EDEN 0.195 UNCH 360.7 0.195 60.7 5.550 4.473 5.020 4.980 1066 RHBBANK 4.980 -0.010 440.1 4.999 12.29 2.41 19,970.0
3.589 2.280 2.550 2.520 1368 EDGENTA 2.530 -0.020 182.4 2.536 24.23 2.77 2,104.0 0.708 0.422 0.605 0.590 4898 TA 0.600 0.010 261.4 0.600 3.72 2.83 1,027.1
0.590 0.220 0.375 0.360 64 EFFICEN 0.360 -0.005 3662.4 0.367 255.3 4.250 3.800 4.060 4.030 6139 TAKAFUL 4.040 UNCH 28.4 4.039 17.84 3.88 3,325.5
1.000 0.776 0.890 0.890 5081 EIG 0.890 -0.010 47.1 0.890 15.61 2.53 211.1 1.629 1.050 1.070 1.050 5230 TUNEPRO 1.060 UNCH 1038.4 1.060 11.50 4.91 796.9

* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
MONDAY AU G U S T 7, 20 17 T H EED 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)
PROPERTIES 0.610 0.250 0.380 0.375 9075 THETA 0.375 -0.010 10.2 0.379 40.2
0.888 0.740 0.845 0.840 1007 AMPROP 0.840 -0.005 63.4 0.842 37.50 3.57 510.4 0.215 0.080 0.110 0.105 118 TRIVE 0.110 0.005 865.2 0.110 50.00 147.0
1.850 0.990 5959 A&M 1.420 31.14 518.4 4.110 2.206 4.110 3.850 5005 UNISEM 4.080 0.270 2834.2 4.041 17.35 2.70 2,994.0
0.448 0.345 0.410 0.410 1007PA AMPROP-PA 0.410 -0.005 4 0.410 4.88 119.1 4.790 1.727 4.560 4.420 97 VITROX 4.450 -0.080 435.5 4.471 30.73 0.73 2,091.9
0.230 0.145 0.155 0.155 4057 ASIAPAC 0.155 UNCH 76.4 0.155 16.85 155.8 1.750 0.621 1.670 1.620 8 WILLOW 1.640 0.030 436.5 1.649 19.32 1.22 406.7
0.550 0.420 0.445 0.430 6602 BCB 0.445 0.005 166 0.436 9.04 183.6 INFRASTRUCTURE PROJECT COMPANIES
0.665 0.440 0.465 0.440 9814 BERTAM 0.455 0.005 76 0.453 1.89 94.1 5.139 4.630 4.820 4.790 6947 DIGI 4.810 -0.010 1648.5 4.812 24.20 4.10 37,397.8
1.400 0.710 1.220 1.180 3239 BJASSET 1.200 UNCH 617.4 1.198 1,426.6 6.150 5.431 5.870 5.840 6645 LITRAK 5.860 0.010 47.2 5.851 13.92 4.27 3,087.2
1.500 1.030 1.250 1.190 5738 CHHB 1.190 -0.040 62 1.242 328.1 0.372 0.221 0.300 0.285 5078 M&G 0.295 0.005 1391.5 0.292 16.95 207.0
1.740 1.430 1.560 1.560 6718 CRESNDO 1.560 UNCH 34 1.560 6.39 3.21 437.5 1.270 0.835 0.850 0.835 6807 PUNCAK 0.835 -0.010 425 0.839 375.2
1.720 1.235 1.660 1.650 5049 CVIEW 1.650 -0.010 99.5 1.660 5.52 9.09 165.0 9.890 7.115 9.700 9.670 5031 TIMECOM 9.700 -0.020 241.6 9.691 13.24 2.05 5,640.1
2.390 2.073 2.260 2.260 5355 DAIMAN 2.260 0.010 3.1 2.260 17.33 2.21 479.6 1.539 1.304 1.430 1.410 6742 YTLPOWR 1.430 0.020 3990.2 1.420 12.71 6.99 11,644.6
1.040 0.500 0.560 0.550 3484 DBHD 0.550 -0.010 75.8 0.552 170.2 CLOSED-END FUNDS
2.130 1.400 1.620 1.610 3417 E&O 1.620 UNCH 1105.9 1.617 23.51 1.85 2,147.0 2.690 2.260 2.600 2.600 5108 ICAP 2.600 UNCH 44 2.600 5200 364.0
0.325 0.250 0.290 0.285 3557 ECOFIRS 0.290 UNCH 1079.9 0.288 27.36 232.9 EXCHANGE TRADED FUNDS
1.720 1.260 1.560 1.530 8206 ECOWLD 1.560 0.030 634.2 1.539 18.51 4,593.2 1.129 1.070 0800EA ABFMY1 1.129 5.03 1,490.8
0.920 0.570 0.750 0.715 6076 ENCORP 0.750 0.015 124 0.735 5.74 209.0 1.960 1.680 1.925 1.925 0822EA CIMBA40 1.925 UNCH 0.5 1.925 3.84 2.6
3.180 1.850 2.950 2.870 8613 ENRA 2.950 0.180 4.2 2.899 33.37 1.02 401.8 1.590 1.200 0823EA CIMBC50 1.590 15.5
1.240 0.730 1.110 1.090 6815 EUPE 1.110 0.020 52 1.107 142.1 1.865 1.700 0820EA FBMKLCI-EA 1.840 1.79 3.1
1.360 1.000 1.080 1.070 5283 EWINT 1.080 UNCH 782.2 1.071 2,592.0 1.070 0.971 0826EA METFAPA 1.070 20.3
0.617 0.468 0.530 0.530 6041 FARLIM 0.530 UNCH 13.5 0.530 6.05 3.77 74.4 0.952 0.905 0825EA METFSID 0.923 2.54 48.9
0.787 0.610 0.685 0.670 5020 GLOMAC 0.680 0.010 967.8 0.676 4.44 5.15 494.9 1.115 1.045 0821EA MYETFDJ 1.100 2.03 305.7
0.523 0.367 0.440 0.430 9962 GMUTUAL 0.440 UNCH 5 0.432 8.30 4.55 165.3 1.110 1.010 1.080 1.080 0824EA MYETFID 1.080 UNCH 170 1.080 1.41 54.9
0.470 0.290 0.375 0.365 1147 GOB 0.370 UNCH 280.1 0.371 21.14 1.35 168.2 REITS
1.450 1.110 1.170 1.160 1503 GUOCO 1.170 -0.010 19.5 1.163 3.80 1.71 819.5 1.073 0.935 0.940 0.940 4952 AHP 0.940 UNCH 15 0.940 44.34 4.79 206.8
0.480 0.370 0.430 0.430 7010 HOOVER 0.430 UNCH 12.3 0.430 17.2 1.659 1.415 1.560 1.520 5116 ALAQAR 1.550 0.030 2019.5 1.546 18.17 4.97 1,128.8
1.407 0.815 0.845 0.835 5062 HUAYANG 0.840 UNCH 67.7 0.842 7.63 4.76 295.7 1.050 0.945 1.010 1.000 5269 ALSREIT 1.000 -0.010 17 1.005 11.90 6.00 580.0
0.648 0.494 0.590 0.575 4251 IBHD 0.580 -0.005 1263.1 0.582 8.24 3.24 584.5 0.828 0.725 0.730 0.725 5120 AMFIRST 0.725 -0.005 134.9 0.730 22.38 5.60 497.6
1.050 0.755 5084 IBRACO 0.895 19.89 3.91 444.3 0.980 0.858 0.955 0.950 5127 ARREIT 0.950 UNCH 20.5 0.951 13.81 6.06 544.6
2.990 2.359 2.830 2.810 1597 IGB 2.810 -0.010 81.8 2.824 10.38 3.56 3,835.1 1.190 0.995 5130 ATRIUM 1.170 23.31 5.81 142.5
2.379 1.850 2.130 2.110 5249 IOIPG 2.120 -0.010 2423.1 2.118 10.26 3.50 11,673.0 1.694 1.497 1.660 1.600 5106 AXREIT 1.650 0.040 342.9 1.635 17.15 5.13 1,823.5
0.620 0.380 0.395 0.390 5175 IVORY 0.395 0.005 123.3 0.390 19.95 193.6 1.664 1.422 1.480 1.460 5180 CMMT 1.470 UNCH 281.8 1.470 19.60 5.69 2,990.9
3.290 0.785 1.380 1.310 1589 IWCITY 1.310 -0.040 9723.9 1.338 1,097.0 1.581 1.230 1.270 1.240 5121 HEKTAR 1.250 0.020 487.8 1.250 12.17 7.98 577.0
0.173 0.095 0.105 0.100 6769 JKGLAND 0.105 0.005 468 0.103 15.44 2.19 238.9 1.790 1.448 1.750 1.740 5227 IGBREIT 1.750 UNCH 1160.7 1.750 21.77 4.96 6,131.0
0.085 0.040 0.060 0.055 3115 KBUNAI 0.055 -0.005 1931 0.059 16.67 317.7 1.029 0.900 0.945 0.940 5280 KIPREIT 0.945 0.005 91 0.944 22.39 3.09 477.5
0.974 0.798 7323 KEN 0.900 5.46 2.78 172.5 8.100 7.119 7.920 7.810 5235SS KLCC 7.810 0.030 369.8 7.839 16.02 4.56 14,099.7
1.330 0.995 1.230 1.210 5038 KSL 1.220 UNCH 941.7 1.216 3.85 1,265.8 1.350 1.130 1.310 1.300 5123 MQREIT 1.300 UNCH 960.8 1.300 15.51 9.76 1,388.4
0.312 0.210 0.230 0.220 3174 L&G 0.220 -0.005 2294.3 0.225 9.48 7.23 644.4 1.910 1.588 1.750 1.730 5212 PAVREIT 1.750 0.010 222 1.747 17.47 4.59 5,296.0
1.295 1.051 1.150 1.150 8494 LBICAP 1.150 -0.020 3.3 1.150 3.98 9.13 92.7 1.780 1.549 1.720 1.700 5176 SUNREIT 1.710 UNCH 1140.5 1.706 15.32 5.29 5,036.1
2.078 1.489 1.970 1.960 5789 LBS 1.970 UNCH 545 1.963 12.82 2.03 1,333.2 1.220 1.132 1.220 1.220 5111 TWRREIT 1.220 0.010 1 1.220 16.94 5.68 342.2
0.460 0.235 0.420 0.415 3573 LIENHOE 0.420 -0.005 180 0.415 151.9 1.796 1.561 1.680 1.680 5110 UOAREIT 1.680 UNCH 53.1 1.680 15.83 5.62 710.4
1.690 0.926 1.530 1.500 7617 MAGNA 1.520 0.020 127 1.513 2.05 3.95 509.1 1.230 1.018 1.210 1.200 5109 YTLREIT 1.200 UNCH 221.2 1.209 5.83 2,045.3
1.700 1.340 1.590 1.560 8583 MAHSING 1.570 UNCH 1058.7 1.586 11.82 4.14 3,783.0 SPAC
1.940 0.551 1.090 1.030 6181 MALTON 1.030 -0.050 7447.7 1.046 13.01 2.43 543.6 0.720 0.670 5234 CLIQ 0.720 454.3
2.828 2.280 2.760 2.710 5236 MATRIX 2.710 -0.030 266.7 2.726 8.32 5.07 1,578.2 0.480 0.455 5241 SONA 0.475 670.1
1.880 1.000 7189 MBWORLD 1.560 7.75 245.5
1.200 0.750 0.915 0.900 5182 MCT 0.900 -0.065 1000 0.900 20.59 1,201.3
0.525 0.415
1.020 0.680
0.605 0.250
0.430
0.855
0.500
0.425
0.850
0.420
5040
1694
8141
MEDAINC
MENANG
MJPERAK
0.430
0.855
0.475
UNCH
-0.005
0.045
46
87.7
6133.9
0.429
0.855

7.14
0.468 113.10


4.51
211.8
228.4
122.1
Ace Market
2.614 2.200 2.230 2.210 6114 MKH 2.230 0.010 121.3 2.218 5.44 3.04 1,250.8 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
0.360 0.270 0.280 0.270 8893 MKLAND 0.280 0.005 221.5 0.275 20.29 338.0 HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
0.215 0.085 6548 MPCORP 0.135 38.8
CONSUMER PRODUCTS
1.761 1.125 1.220 1.170 1651 MRCB 1.170 -0.040 5152.5 1.184 8.80 2.35 2,565.3
0.285 0.195 0.245 0.235 179 BIOHLDG 0.240 Unch 1715.8 0.240 20.51 193.5
1.080 0.610 0.610 0.610 9539 MUH 0.610 -0.070 5 0.610 34.4
0.365 0.230 0.285 0.270 3913 MUIPROP 0.280 UNCH 139 0.280 20.29 213.9 0.315 0.200 0.220 0.215 170 KANGER 0.215 -0.005 84 0.215 25.00 171.7
1.900 1.230 1.240 1.230 5073 NAIM 1.230 -0.010 199.4 1.231 307.5 0.450 0.200 0.365 0.360 148 SUNZEN 0.365 0.005 315.1 0.361 130.36 175.9
3.080 2.350 5827 OIB 2.400 11.50 3.33 347.7 0.045 0.025 0.040 0.040 95 XINGHE 0.040 Unch 715 0.040 3.81 93.9
1.710 1.346 1.590 1.570 5053 OSK 1.580 -0.020 195.1 1.581 9.44 4.75 2,216.6 INDUSTRIAL PRODUCTS
1.880 1.251 1.850 1.830 1724 PARAMON 1.850 0.020 86.2 1.848 10.61 4.59 784.9 0.245 0.137 0.180 0.180 105 ASIAPLY 0.180 Unch 190 0.180 19.78 2.78 60.0
0.695 0.405 0.610 0.600 6912 PASDEC 0.610 0.015 20 0.610 174.4 0.095 0.030 0.040 0.035 72 AT 0.040 Unch 2309.5 0.040 43.3
1.820 1.540 5075 PLENITU 1.650 13.57 2.73 629.5 0.445 0.245 0.410 0.405 163 CAREPLS 0.405 Unch 1635.4 0.406 72.32 0.74 195.7
0.365 0.225 0.330 0.330 2208 PTGTIN 0.330 UNCH 61 0.330 114.2 0.330 0.080 0.225 0.215 102 CONNECT 0.220 0.010 1403.7 0.220 88.00 70.8
1.270 0.900 1.060 1.050 4596 SAPRES 1.060 -0.020 3.5 1.053 1.42 2.83 148.0 0.598 0.360 0.375 0.360 100 ESCERAM 0.365 Unch 822 0.366 11.77 1.64 75.0
0.820 0.665 0.685 0.680 5207 SBCCORP 0.685 UNCH 50 0.683 160.9 0.370 0.215 0.225 0.220 175 HHGROUP 0.225 0.005 45.6 0.222 321.43 69.5
1.160 0.785 1.140 1.120 2224 SDRED 1.130 0.010 130.3 1.128 8.41 2.21 481.5 0.145 0.065 0.115 0.110 160 HHHCORP 0.115 Unch 267.2 0.110 23.47 38.3
0.580 0.370 0.515 0.485 4286 SEAL 0.500 0.015 447.4 0.497 37.04 121.5 0.555 0.160 0.540 0.520 162 IJACOBS 0.530 0.005 2024.1 0.528 39.55 71.9
2.962 2.761 2.850 2.850 6017 SHL 2.850 UNCH 10.8 2.850 8.38 7.02 690.1 0.165 0.090 0.150 0.145 24 JAG 0.145 -0.005 14845 0.145 26.36 183.6
0.305 0.135 0.240 0.230 4375 SMI 0.230 -0.010 182.1 0.237 1.70 48.3 0.250 0.125 0.210 0.205 25 LNGRES 0.205 0.005 862.9 0.207 22.04 49.6
1.000 0.690 0.825 0.820 5213 SNTORIA 0.820 UNCH 15.1 0.820 11.97 2.44 409.3 0.150 0.040 0.055 0.050 70 MQTECH 0.050 Unch 200.1 0.051 20.7
5.190 4.211 4.870 4.870 1783 SPB 4.870 -0.010 15 4.870 10.94 2.46 1,673.4 0.860 0.331 0.725 0.695 49 OCNCASH 0.705 -0.005 2190.7 0.711 14.24 0.99 157.2
4.311 2.833 3.300 3.250 8664 SPSETIA 3.270 0.010 73.2 3.284 4.77 6.12 9,764.5 0.610 0.130 0.355 0.335 38 PTB 0.340 -0.010 248.3 0.343 77.27 51.1
1.590 0.815 1.450 1.440 3743 SUNSURIA 1.440 UNCH 123.5 1.441 20.40 1,150.3 0.105 0.055 0.060 0.055 133 SANICHI 0.055 -0.005 2090.6 0.056 47.2
4.400 2.756 4.350 4.290 5211 SUNWAY 4.340 0.020 2774.7 4.311 15.00 2.05 9,050.0 0.060 0.025 0.030 0.030 109 SCBUILD 0.030 Unch 715 0.030 26.5
1.070 0.625 0.925 0.900 1538 SYMLIFE 0.915 -0.005 208.4 0.916 8.11 3.28 283.7 0.220 0.110 0.190 0.180 1 SCOMNET 0.185 0.005 1661.4 0.185 14.80 2.16 45.0
0.395 0.215 0.340 0.320 5158 TAGB 0.335 0.015 3894.3 0.334 8.05 1.19 1,782.8 0.289 0.117 0.245 0.235 28 SCOPE 0.235 Unch 963.6 0.239 28.66 2.13 131.7
7.600 5.976 2305 TAHPS 7.280 28.26 0.69 544.9 0.290 0.115 0.175 0.175 55 SERSOL 0.175 Unch 1387.6 0.175 37.7
0.060 0.035 0.055 0.050 2259 TALAMT 0.055 0.005 1192.9 0.051 232.1 0.955 0.178 0.770 0.740 84 TECFAST 0.760 -0.005 3022.9 0.752 34.39 0.66 130.0
1.471 1.266 1.330 1.290 5191 TAMBUN 1.300 -0.020 418 1.308 4.92 7.69 563.3 TECHNOLOGY
0.140 0.055 0.100 0.095 2429 TANCO 0.100 UNCH 1237.3 0.100 66.2 0.995 0.160 0.720 0.660 18 ACCSOFT 0.665 0.005 394.4 0.686 553.8
0.315 0.170 0.240 0.240 7889 THRIVEN 0.240 0.005 60 0.240 90.4 0.750 0.160 0.735 0.705 181 AEMULUS 0.715 Unch 9292.9 0.723 188.16 313.8
0.085 0.040 0.060 0.055 7079 TIGER 0.060 0.005 5844.3 0.058 88.3 0.455 0.120 0.360 0.350 119 APPASIA 0.360 0.010 525.7 0.353 105.4
1.930 1.450 1.580 1.580 5239 TITIJYA 1.580 UNCH 2 1.580 8.18 0.32 647.8 0.450 0.150 0.185 0.175 68 ASDION 0.180 Unch 1594.6 0.179 20.9
1.044 0.937 0.955 0.950 5401 TROP 0.955 UNCH 89.9 0.954 10.69 2.59 1,399.8 1.160 0.730 0.830 0.825 98 BAHVEST 0.825 Unch 651.6 0.825 495.0
1.360 0.995 1.170 1.140 5148 UEMS 1.150 -0.010 1171.1 1.158 27.06 1.39 5,218.1 0.770 0.620 0.650 0.640 191 CABNET 0.650 0.010 67 0.642 10.66 84.5
2.680 2.096 2.600 2.570 5200 UOADEV 2.600 0.010 102 2.595 6.61 5.77 4,509.0 0.065 0.030 0.050 0.045 152 DGB 0.050 Unch 700.1 0.045 500.0 26.9
1.890 0.935 1.810 1.800 2976 WINGTM 1.800 -0.010 259.7 1.801 58.44 1.67 877.2 0.075 0.020 131 DGSB 0.030 42.86 40.7
0.525 0.229 0.445 0.410 6378 WMG 0.435 -0.010 140.4 0.437 185.4 0.120 0.050 0.090 0.085 154 EAH 0.085 Unch 455.1 0.088 35.42 126.7
1.279 0.866 0.955 0.955 7003 Y&G 0.955 UNCH 2.5 0.955 11.40 190.4 0.260 0.125 0.150 0.140 107 EDUSPEC 0.150 0.015 4713.2 0.144 26.32 139.9
1.840 1.380 1.410 1.400 3158 YNHPROP 1.400 -0.030 369.7 1.400 18.18 740.6 0.295 0.050 0.250 0.240 116 FOCUS 0.250 Unch 779.3 0.244 194.3
1.610 1.050 1.380 1.350 7066 YONGTAI 1.350 -0.020 1907.7 1.365 20.93 588.2 1.160 0.815 0.980 0.980 104 GENETEC 0.980 0.005 0.2 0.980 34.8
0.670 0.550 0.590 0.575 2577 YTLLAND 0.575 -0.005 12.2 0.587 14.16 485.5 0.759 0.431 0.625 0.615 39 GFM 0.625 0.010 663.5 0.619 25.51 2.32 267.6
MINING 0.090 0.030 0.075 0.070 45 GNB 0.075 Unch 350.2 0.070 21.7
1.290 1.150 1.250 1.250 2186 KUCHAI 1.250 -0.020 2 1.250 0.68 154.7 0.185 0.070 0.175 0.170 74 GOCEAN 0.175 Unch 273.4 0.171 291.67 46.1
PLANTATIONS 0.100 0.040 0.060 0.060 174 IDMENSN 0.060 Unch 120 0.060 120.00 29.7
0.285 0.195 0.205 0.205 7054 AASIA 0.205 UNCH 75.5 0.205 205.00 135.3 0.577 0.227 0.405 0.395 23 IFCAMSC 0.395 Unch 4836.9 0.401 32.92 1.27 240.3
19.575 17.198 19.180 18.880 1899 BKAWAN 19.160 UNCH 15.3 19.122 11.03 2.87 8,352.8 0.100 0.060 0.065 0.065 94 INIX 0.065 Unch 50 0.065 24.07 16.5
8.639 8.380 8.500 8.500 5069 BLDPLNT 8.500 UNCH 5 8.500 41.48 0.47 794.8 0.240 0.100 0.170 0.165 10 IRIS 0.170 0.005 10853.4 0.170 420.2
1.697 1.320 1.660 1.650 5254 BPLANT 1.650 UNCH 203.4 1.659 11.53 8.48 2,640.0 2.290 0.450 2.120 2.000 146 JFTECH 2.040 -0.040 527.7 2.036 60.71 0.49 257.0
0.953 0.624 0.855 0.840 8982 CEPAT 0.845 -0.005 176.6 0.849 9.40 1.78 269.1 3.090 0.594 3.090 2.900 127 JHM 3.080 0.120 1006.2 3.033 29.96 762.2
8.350 7.455 7.950 7.950 1929 CHINTEK 7.950 -0.010 3 7.950 40.92 2.39 726.3 0.270 0.130 0.210 0.195 111 K1 0.200 Unch 2382 0.201 103.8
0.545 0.385 0.435 0.425 3948 DUTALND 0.435 UNCH 402.8 0.429 368.1 0.115 0.025 0.035 0.030 36 KGROUP 0.030 Unch 4295.7 0.030 51.3
9.100 7.205 8.950 8.900 5029 FAREAST 8.950 0.050 3.8 8.914 9.26 3.35 1,265.4 0.900 0.200 0.870 0.805 176 KRONO 0.850 0.035 15907.4 0.849 21.30 229.8
2.506 1.412 1.620 1.580 5222 FGV 1.600 0.020 4766.1 1.601 56.94 0.63 5,837.0 0.190 0.045 0.085 0.080 17 M3TECH 0.085 0.005 1886.8 0.080 49.9
11.679 10.104 10.740 10.640 2291 GENP 10.740 -0.020 426.6 10.732 20.20 0.93 8,628.0 0.335 0.205 0.330 0.315 75 MEXTER 0.320 -0.005 1579.4 0.322 71.3
0.675 0.500 7382 GLBHD 0.590 131.5 0.590 0.420 0.455 0.455 155 MGRC 0.455 Unch 1 0.455 103.41 47.1
1.532 1.105 1.300 1.300 2135 GOPENG 1.300 UNCH 20 1.300 42.76 3.08 233.1 1.600 0.870 0.920 0.895 126 MICROLN 0.920 0.010 101.7 0.901 200.00 154.0
0.895 0.750 7501 HARNLEN 0.760 141.0 0.595 0.306 0.500 0.480 112 MIKROMB 0.485 -0.005 1799.7 0.491 19.64 1.63 208.8
2.650 2.300 2.610 2.600 5138 HSPLANT 2.600 UNCH 13 2.601 14.68 4.23 2,080.0 0.465 0.065 0.155 0.150 85 MLAB 0.150 -0.005 15991 0.153 29.1
3.616 2.932 3.100 3.050 2216 IJMPLNT 3.050 0.050 26.9 3.093 23.35 2.30 2,685.8 0.200 0.160 0.185 0.185 34 MMAG 0.185 Unch 497.5 0.185 50.8
0.734 0.651 0.675 0.670 2607 INCKEN 0.670 -0.005 20 0.673 1.67 281.9 1.830 0.503 1.830 1.770 113 MMSV 1.790 -0.010 853.1 1.796 20.84 1.12 291.8
1.475 0.614 1.080 1.060 6262 INNO 1.070 -0.030 164.7 1.069 13.48 1.87 512.4 0.245 0.060 0.065 0.065 103 MNC 0.065 0.005 1700.5 0.065 20.97 28.3
4.810 4.130 4.460 4.450 1961 IOICORP 4.460 UNCH 980 4.460 96.33 2.02 28,026.0 0.310 0.145 0.280 0.270 156 MPAY 0.275 Unch 21195.5 0.273 195.4
25.137 22.501 24.800 24.700 2445 KLK 24.760 -0.060 545.5 24.741 20.61 2.02 26,431.4 0.735 0.130 0.465 0.410 92 MTOUCHE 0.440 0.015 25666.2 0.441 400.00 56.0
3.500 3.070 3.200 3.200 2453 KLUANG 3.200 0.050 6.5 3.200 71.59 0.31 202.2 0.874 0.625 0.745 0.730 108 N2N 0.740 -0.005 18.3 0.733 28.24 2.70 352.8
4.060 3.079 4.000 4.000 5027 KMLOONG 4.000 0.030 3.5 4.000 15.00 3.75 1,247.2 0.110 0.015 0.045 0.040 20 NETX 0.045 0.005 1125.6 0.042 56.3
0.695 0.491 0.545 0.545 1996 KRETAM 0.545 UNCH 30 0.545 31.14 1.83 1,268.6 0.065 0.035 0.040 0.035 96 NEXGRAM 0.040 Unch 1091 0.039 75.3
1.750 1.220 1.420 1.420 6572 KWANTAS 1.420 -0.080 3.5 1.420 8.90 442.6 0.115 0.070 26 NOVAMSC 0.075 51.2
1.550 1.240 4936 MALPAC 1.360 130.77 102.0 0.685 0.555 0.605 0.595 35 OPCOM 0.600 -0.005 150 0.600 13.48 96.7
0.963 0.777 0.870 0.850 5026 MHC 0.855 -0.020 100.7 0.861 12.01 1.75 168.0 0.414 0.316 0.350 0.350 40 OPENSYS 0.350 Unch 218 0.350 17.24 2.86 104.3
2.388 1.700 1.900 1.700 5047 NPC 1.850 -0.050 13.5 1.798 7.09 0.54 222.0 0.380 0.125 0.140 0.135 79 ORION 0.140 -0.005 709.9 0.140 83.9
4.239 3.735 4.080 4.080 2038 NSOP 4.080 UNCH 8 4.080 33.04 1.47 286.4 0.090 0.045 0.075 0.070 5 PALETTE 0.075 0.005 1603.9 0.075 24.0
0.315 0.190 0.230 0.230 1902 PINEPAC 0.230 -0.010 12 0.230 34.5 0.230 0.135 0.185 0.180 123 PRIVA 0.180 -0.005 1178.1 0.180 1.11 100.5
1.380 0.920 9695 PLS 1.100 359.4 0.175 0.055 0.120 0.115 7 PUC 0.120 Unch 7087.8 0.115 48.00 148.3
0.550 0.430 0.445 0.435 5113 RSAWIT 0.445 UNCH 81.1 0.441 631.2 0.955 0.482 0.955 0.910 106 REXIT 0.930 0.030 4732.3 0.938 23.43 4.30 176.1
4.100 3.346 2542 RVIEW 3.660 17.66 1.64 237.4 0.375 0.218 0.350 0.330 178 SEDANIA 0.345 0.010 3836 0.343 2.90 77.9
3.180 2.900 3.000 3.000 2569 SBAGAN 3.000 UNCH 7.7 3.000 0.67 199.0 0.190 0.055 0.125 0.120 60 SKH 0.120 -0.005 2736.9 0.120 42.86 66.5
0.720 0.505 0.610 0.610 4316 SHCHAN 0.610 -0.020 10 0.610 18.21 73.2 0.300 0.155 0.185 0.180 117 SMRT 0.180 -0.005 340 0.182 63.2
3.965 3.247 3.600 3.560 5126 SOP 3.560 0.020 47.4 3.569 10.27 1.40 2,032.0 0.440 0.100 0.230 0.195 169 SMTRACK 0.210 -0.010 1981.9 0.207 18.2
1.900 1.560 5135 SWKPLNT 1.630 12.61 456.4 0.355 0.232 0.330 0.320 93 SOLUTN 0.320 -0.005 396.9 0.327 12.60 3.13 98.0
0.730 0.535 0.545 0.535 2054 TDM 0.545 0.005 558.5 0.541 19.89 0.92 903.5 0.360 0.080 0.200 0.190 129 SRIDGE 0.195 0.005 1081.3 0.195 23.6
1.207 0.998 1.110 1.110 5112 THPLANT 1.110 -0.010 65 1.110 5.93 5.41 981.1 0.470 0.155 0.430 0.405 50 SYSTECH 0.410 -0.005 14573.6 0.419 48.24 0.73 130.1
1.977 1.560 1.710 1.700 9059 TSH 1.700 UNCH 364.4 1.709 61.82 1.18 2,349.1 0.190 0.140 0.150 0.140 132 TDEX 0.140 Unch 1281.4 0.146 116.67 57.8
6.450 5.330 6.400 6.350 2593 UMCCA 6.400 0.010 18.6 6.386 15.84 3.13 1,339.6 1.300 0.189 1.180 1.150 120 VIS 1.180 0.010 266.5 1.164 18.67 0.42 130.6
28.700 25.323 28.240 28.160 2089 UTDPLT 28.200 UNCH 2.8 28.177 15.23 1.42 5,869.4 0.244 0.115 0.140 0.135 69 VIVOCOM 0.140 0.005 3179.2 0.137 12.50 453.4
HOTELS 0.145 0.065 0.100 0.100 66 VSOLAR 0.100 Unch 1208.1 0.100 37.4
0.628 0.483 0.520 0.520 5592 GCE 0.520 UNCH 1 0.520 3.85 102.4 0.070 0.020 141 WINTONI 0.035 18.0
1.000 0.680 0.840 0.835 1643 LANDMRK 0.835 -0.005 53.1 0.838 441.6 0.275 0.080 0.205 0.200 86 YGL 0.200 -0.005 1630.6 0.200 46.5
0.265 0.115 0.140 0.130 1287 PMHLDG 0.140 UNCH 5970.2 0.135 130.0 TRADING SERVICES
5.295 4.860 5.030 4.860 5517 SHANG 4.990 0.040 149 4.898 27.54 2.81 2,195.6 0.400 0.150 122 AIM 0.255 67.8
TECHNOLOGY 0.165 0.060 0.105 0.105 48 ANCOMLB 0.105 -0.005 10 0.105 49.7
0.715 0.585 0.630 0.630 7031 AMTEL 0.630 UNCH 1.3 0.630 57.27 31.0 0.240 0.120 0.135 0.130 150 ASIABIO 0.135 0.005 722.1 0.130 34.62 60.8
0.420 0.180 0.325 0.315 5195 CENSOF 0.320 -0.005 696.4 0.321 11.19 160.6 0.275 0.155 0.195 0.190 187 BCMALL 0.195 0.005 481.6 0.191 24.68 82.1
0.400 0.105 0.280 0.275 51 CUSCAPI 0.275 UNCH 655.9 0.275 131.8 0.404 0.302 0.320 0.320 11 BTECH 0.320 -0.010 17.8 0.320 18.60 4.78 80.6
0.729 0.283 0.650 0.635 7204 D&O 0.640 0.005 6937.5 0.645 43.24 638.8 0.320 0.170 157 FOCUSP 0.220 36.3
0.710 0.110 0.435 0.410 8338 DATAPRP 0.415 -0.010 5758.1 0.421 174.9 1.009 0.386 0.995 0.920 185 HSSEB 0.990 0.065 9142.9 0.954 19.92 0.64 315.9
0.235 0.150 0.165 0.160 29 DIGISTA 0.165 0.005 529.2 0.160 10.71 98.9 0.900 0.520 0.730 0.730 147 INNITY 0.730 Unch 10 0.730 62.39 101.0
1.578 1.304 1.460 1.430 5162 ECS 1.450 UNCH 43 1.441 8.74 4.14 261.0 0.345 0.235 0.250 0.245 180 KTC 0.245 -0.005 549.8 0.247 34.51 125.0
1.230 0.539 1.200 1.180 65 EFORCE 1.190 UNCH 321.4 1.187 88.81 1.05 492.3 0.350 0.130 0.270 0.265 167 MCLEAN 0.270 Unch 78.2 0.268 23.28 48.3
2.950 1.077 2.810 2.770 90 ELSOFT 2.800 -0.010 210.2 2.782 21.42 1.43 767.6 0.440 0.275 81 MEGASUN 0.275 11.90 60.3
1.870 0.790 1.590 1.560 21 GHLSYS 1.580 UNCH 1646.9 1.578 53.92 0.32 1,041.9 0.280 0.165 0.205 0.200 153 OVERSEA 0.205 Unch 10.1 0.200 97.62 50.5
0.455 0.210 0.360 0.350 82 GPACKET 0.355 -0.005 1366.7 0.356 5.24 269.3 0.200 0.115 0.170 0.160 177 PASUKGB 0.165 Unch 5775.8 0.168 133.9
0.260 0.175 0.240 0.235 56 GRANFLO 0.240 UNCH 60 0.236 2.08 115.9 0.380 0.230 6 PINEAPP 0.300 187.5 14.6
6.350 2.636 6.230 6.110 7022 GTRONIC 6.140 -0.090 162.2 6.171 63.56 0.65 1,748.5 0.375 0.201 0.360 0.345 171 PLABS 0.350 Unch 1118.6 0.353 20.11 2.00 75.2
0.980 0.510 0.875 0.860 5028 HTPADU 0.875 UNCH 41.3 0.867 10.33 5.71 88.6 0.015 0.005 110 RA 0.005 2.63 4.8
2.580 1.980 2.550 2.500 166 INARI 2.540 -0.010 2687.8 2.519 24.24 2.46 5,079.1 0.615 0.280 0.425 0.425 32 REDTONE 0.425 Unch 55.1 0.425 322.0
0.435 0.075 0.215 0.205 9393 ITRONIC 0.205 -0.010 84.5 0.209 21.1 1.080 0.298 0.985 0.925 173 REV 0.930 -0.020 7532.3 0.957 8.36 125.2
0.688 0.453 0.600 0.570 5161 JCY 0.595 0.025 5043.3 0.589 87.50 8.40 1,235.7 0.726 0.477 0.600 0.600 158 SCC 0.600 -0.015 24.6 0.600 13.79 5.05 84.7
16.216 6.298 15.560 15.120 9334 KESM 15.120 -0.380 57.8 15.460 16.82 0.43 650.4 0.275 0.160 0.205 0.195 161 SCH 0.195 Unch 639 0.198 108.33 4.36 80.4
0.180 0.060 0.140 0.130 143 KEYASIC 0.135 -0.005 4972 0.134 120.2 0.230 0.100 0.170 0.160 140 STERPRO 0.165 -0.005 10374.2 0.165 46.1
14.280 7.086 13.860 13.760 3867 MPI 13.820 0.020 218.8 13.795 14.86 1.95 2,900.6 0.195 0.103 0.195 0.185 80 STRAITS 0.195 0.010 1658.9 0.190 75.00 71.7
1.420 0.850 1.410 1.330 5011 MSNIAGA 1.410 -0.010 9.4 1.408 21.30 85.2 1.360 0.955 1.300 1.290 89 TEXCYCL 1.300 0.020 16.5 1.297 13.87 0.38 222.0
1.327 0.343 1.220 1.210 83 NOTION 1.220 UNCH 272.3 1.215 31.85 2.05 403.4 0.230 0.100 0.230 0.210 145 TFP 0.225 0.010 2838.5 0.219 46.1
0.605 0.430 0.470 0.450 9008 OMESTI 0.470 0.020 94.4 0.454 202.4 0.165 0.095 0.110 0.105 165 XOX 0.105 -0.005 2568.2 0.105 89.4
0.375 0.260 0.300 0.285 41 PANPAGE 0.285 -0.005 1028.5 0.292 75.7 FINANCE
4.450 0.910 4.320 4.230 7160 PENTA 4.280 0.020 398 4.276 19.95 627.3 0.810 0.386 0.695 0.665 53 OSKVI 0.690 0.035 159.6 0.681 4.88 2.90 136.3
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 8 Markets M ON DAY AU G U ST 7, 2 0 17 TH EEDGE FI N AN C I AL DAI LY

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

Bursa Malaysia Equity Derivatives YEAR

HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE WARRANTS CLOSE
(RM)
+/-
(RM)
VOL PARENT
(000)
EXE
PRICE PRICE
PRM
(%)
EXPIRY
DATE
0.380 0.190 0.230 0.230 2062WC HARBOUR-WC 0.230 0.010 18 0.710 1.560 152.11 03/04/2021
Main Market & Ace Market Warrants 0.165 0.135 0.150 0.150 5168CZ HARTA-CZ 0.150 0.010 10 7.130 7.500 16.76 12/02/2018
0.745 0.310 0.745 0.655 4324CA HENGYUAN-CA 0.675 -0.040 14625.1 7.970 6.000 43.04 22/02/2018
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY 1.520 0.830 1.520 1.480 5095WB HEVEA-WB 1.480 -0.010 383.6 1.730 0.250 0.00 28/02/2020
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE 0.220 0.075 0.170 0.165 5072WB HIAPTEK-WB 0.165 -0.005 3469.4 0.375 0.500 77.33 23/06/2021
0.165 0.040 0.040 0.040 5238C7 AAX-C7 0.040 Unch 50 0.380 0.430 23.68 31/10/2017 0.530 0.265 0.325 0.320 5169WA HOHUP-WA 0.320 Unch 97.5 0.740 0.600 24.32 21/12/2018
0.320 0.160 0.210 0.205 5238WA AAX-WA 0.210 0.005 931 0.380 0.460 76.32 08/06/2020 0.390 0.270 0.315 0.310 5160WA HOMERIZ-WA 0.315 -0.005 42.8 0.970 0.920 27.32 09/07/2020
0.860 0.105 0.650 0.605 0018WA ACCSOFT-WA 0.605 -0.045 4 0.665 0.100 6.02 18/01/2019 0.230 0.115 0.165 0.160 7213WB HOVID-WB 0.160 -0.005 816.3 0.330 0.180 3.03 05/06/2018
0.120 0.035 0.080 0.075 7146WA AEM-WA 0.075 Unch 208.5 0.175 0.250 85.71 17/12/2019 0.075 0.020 0.025 0.025 7013WB HUBLINE-WB 0.025 0.005 76.1 0.060 0.200 275.0 20/12/2020
0.165 0.005 0.010 0.005 6599CH AEON-CH 0.005 -0.005 615 2.120 2.520 19.46 18/09/2017 0.045 0.015 0.025 0.025 9601WD HWGB-WD 0.025 Unch 300 0.045 0.080 133.3 15/03/2021
0.125 0.125 0.125 0.125 6599CK AEON-CK 0.125 Unch 500 2.120 2.250 17.92 22/02/2018 0.195 0.055 0.100 0.090 3336C5 IJM-C5 0.090 Unch 345 3.420 3.500 6.29 29/12/2017
0.465 0.110 0.385 0.375 5139CB AEONCR-CB 0.375 -0.020 50 13.420 11.000 0.60 16/10/2017 0.250 0.075 0.230 0.225 0166C2 INARI-C2 0.230 -0.005 1118 2.540 2.150 2.76 08/12/2017
0.190 0.045 0.045 0.045 2488CS AFG-CS 0.045 -0.005 30 3.890 4.200 11.44 16/10/2017 0.155 0.130 0.135 0.135 0166C3 INARI-C3 0.135 -0.015 21 2.540 2.600 14.59 30/01/2018
0.330 0.050 0.200 0.195 7315WB AHB-WB 0.200 -0.005 1763.9 0.295 0.200 35.59 28/08/2019 0.525 0.165 0.485 0.485 0166CZ INARI-CZ 0.485 -0.015 61 2.540 1.800 -0.49 29/12/2017
0.330 0.070 0.250 0.240 509947 AIRASIAC47 0.250 0.010 563 3.290 2.600 1.82 31/10/2017 1.800 1.300 1.740 1.690 0166WB INARI-WB 1.700 -0.040 93.1 2.540 0.800 -1.57 17/02/2020
0.190 0.075 0.090 0.085 509948 AIRASIAC48 0.090 Unch 416 3.290 3.000 0.76 16/08/2017 0.545 0.160 0.470 0.460 3379WB INSAS-WB 0.465 0.005 3414.8 1.050 1.000 39.52 25/02/2020
0.210 0.120 0.145 0.140 509950 AIRASIAC50 0.145 0.005 100 3.290 2.850 8.66 29/12/2017 0.110 0.085 0.085 0.085 5249CO IOIPG-CO 0.085 -0.010 35.2 2.120 2.000 6.37 07/12/2017
0.235 0.110 0.135 0.130 509952 AIRASIAC52 0.135 0.005 1146.7 3.290 3.200 9.57 31/10/2017 0.070 0.020 0.045 0.045 7183WA IRETEX-WA 0.045 0.005 0.1 0.165 0.800 412.12 10/06/2019
0.180 0.060 0.090 0.080 509954 AIRASIAC54 0.090 0.005 4984.9 3.290 3.600 16.81 31/10/2017 0.070 0.020 0.060 0.055 0024WA JAG-WA 0.055 -0.005 110 0.145 0.100 6.90 14/08/2019
0.210 0.135 0.165 0.165 509956 AIRASIAC56 0.165 Unch 100 3.290 2.900 9.21 29/12/2017 0.120 0.035 0.045 0.035 5161C2 JCY-C2 0.040 0.005 19145.3 0.595 0.635 13.45 16/10/2017
0.180 0.145 0.180 0.180 509957 AIRASIAC57 0.180 0.035 263.5 3.290 3.200 13.68 08/01/2018 0.170 0.045 0.080 0.080 9083WB JETSON-WB 0.080 Unch 452 0.285 0.750 191.23 06/02/2019
0.165 0.120 0.130 0.130 5014CU AIRPORT-CU 0.130 -0.010 9 8.730 9.500 15.52 22/01/2018 0.830 0.205 0.640 0.620 7167WA JOHOTIN-WA 0.635 -0.015 34.3 1.510 0.850 -1.66 21/11/2017
0.420 0.160 0.305 0.300 7609WA AJIYA-WA 0.300 -0.010 669.2 0.765 0.920 59.48 28/08/2021 0.150 0.060 0.060 0.060 4383CO JTIASA-CO 0.060 Unch 209.5 1.130 1.200 16.81 08/01/2018
0.610 0.085 0.305 0.300 1015CX AMBANK-CX 0.305 0.005 33 4.870 4.150 0.87 29/09/2017 0.225 0.110 0.150 0.130 0170WA KANGER-WA 0.140 -0.005 108.1 0.215 0.100 11.63 13/04/2020
0.440 0.150 0.155 0.155 1015CY AMBANK-CY 0.155 Unch 70 4.870 5.000 10.63 31/10/2017 0.105 0.040 0.040 0.040 5247C1 KAREX-C1 0.040 -0.005 559.4 1.550 1.950 33.55 28/12/2017
0.100 0.030 0.035 0.030 1015CZ AMBANK-CZ 0.035 Unch 200 4.870 6.000 27.16 30/11/2017 0.075 0.055 0.060 0.055 5247C2 KAREX-C2 0.055 -0.005 228.7 1.550 1.900 31.45 02/02/2018
0.315 0.140 0.150 0.145 6556CC ANNJOO-CC 0.145 -0.010 160 3.030 2.800 9.16 31/10/2017 0.115 0.005 0.005 0.005 5247CW KAREX-CW 0.005 Unch 53.3 1.550 2.100 36.45 29/09/2017
0.270 0.115 0.120 0.120 6556CD ANNJOO-CD 0.120 Unch 80 3.030 3.000 12.87 08/12/2017 0.090 0.005 0.005 0.005 5247CY KAREX-CY 0.005 Unch 25 1.550 2.250 45.97 31/10/2017
0.275 0.040 0.055 0.045 9342WA ANZO-WA 0.045 -0.005 57.2 0.105 0.250 180.95 19/11/2019 0.035 0.010 0.020 0.020 3115WC KBUNAI-WC 0.020 Unch 25 0.055 0.131 174.55 20/10/2023
0.035 0.010 0.020 0.015 5194WA APFT-WA 0.020 Unch 3320.5 0.040 0.400 950.00 13/07/2018 0.475 0.070 0.425 0.420 7161CA KERJAYA-CA 0.420 0.010 45 3.600 2.600 1.39 29/09/2017
0.335 0.090 0.245 0.240 0119WA APPASIA-WA 0.245 0.005 374 0.360 0.130 4.17 23/12/2024 0.155 0.070 0.130 0.125 7161CB KERJAYA-CB 0.130 Unch 2370 3.600 3.350 9.31 30/11/2017
0.255 0.100 0.120 0.120 521024 ARMADA-C24 0.120 Unch 360 0.695 0.600 3.60 30/11/2017 0.300 0.135 0.240 0.235 7161CC KERJAYA-CC 0.240 -0.020 9 3.600 3.100 2.78 08/12/2017
0.100 0.065 0.065 0.065 521028 ARMADA-C28 0.065 -0.005 50 0.695 0.750 18.20 30/01/2018 0.200 0.120 0.175 0.165 7161CD KERJAYA-CD 0.175 Unch 60 3.600 3.400 11.46 25/01/2018
0.350 0.060 0.075 0.070 0068WB ASDION-WB 0.075 Unch 250.1 0.180 0.500 219.44 24/03/2019 0.180 0.180 0.180 0.180 7161CE KERJAYA-CE 0.180 Unch 60 3.600 3.600 15.00 22/02/2018
0.110 0.045 0.060 0.060 0150WA ASIABIO-WA 0.060 Unch 33.2 0.135 0.300 166.67 19/04/2024 0.490 0.065 0.405 0.395 0151WA KGB-WA 0.400 Unch 95.2 0.660 0.500 36.36 12/06/2019
0.155 0.055 0.090 0.090 0105WA ASIAPLY-WA 0.090 Unch 26.2 0.180 0.100 5.56 13/12/2020 0.035 0.003 0.010 0.005 0036WA KGROUP-WA 0.010 Unch 290 0.030 0.100 266.67 02/07/2018
0.210 0.055 0.085 0.085 6399C1 ASTRO-C1 0.085 0.010 140 2.650 2.600 4.53 30/11/2017 0.030 0.010 0.015 0.010 0036WB KGROUP-WB 0.015 Unch 342.2 0.030 0.050 116.67 01/05/2020
0.765 0.095 0.265 0.220 7099WB ATTA-WB 0.265 0.040 3863.9 1.040 1.000 21.63 09/05/2022 0.880 0.620 0.700 0.700 5171WA KIMLUN-WA 0.700 Unch 30 2.380 1.680 0.00 12/03/2024
0.810 0.225 0.275 0.250 7099WC ATTA-WC 0.250 0.025 7.1 1.040 1.000 20.19 18/11/2024 0.150 0.070 0.080 0.080 7164WB KNM-WB 0.080 Unch 95 0.240 1.000 350.00 21/04/2020
0.040 0.020 0.020 0.020 0072WB AT-WB 0.020 -0.005 5 0.040 0.030 25.00 17/10/2019 0.160 0.070 0.090 0.085 7017WB KOMARK-WB 0.085 -0.005 27.5 0.255 0.300 50.98 21/01/2020
0.730 0.210 0.590 0.585 7078WA AZRB-WA 0.590 0.005 20 1.100 0.700 17.27 13/05/2024 0.080 0.035 0.070 0.070 7153CU KOSSAN-CU 0.070 -0.010 100 7.120 6.850 5.06 18/09/2017
0.120 0.025 0.025 0.025 5248CR BAUTO-CR 0.025 Unch 50 1.950 2.100 10.26 29/12/2017 1.400 0.410 1.300 1.250 5878WB KPJ-WB 1.280 -0.010 100 4.220 4.010 25.36 23/01/2019
0.170 0.100 0.105 0.105 7241WA BHS-WA 0.105 Unch 50 0.385 0.600 83.12 18/10/2020 0.130 0.090 0.090 0.090 5038CH KSL-CH 0.090 -0.015 52.2 1.220 1.300 25.00 08/01/2018
0.450 0.260 0.340 0.335 5258WA BIMB-WA 0.335 -0.010 70.3 4.370 4.720 15.68 04/12/2023 0.835 0.370 0.720 0.685 5789WB LBS-WB 0.720 0.030 23.4 1.970 1.250 0.00 04/10/2020
0.155 0.070 0.095 0.095 6998WA BINTAI-WA 0.095 Unch 41 0.200 0.200 47.50 15/06/2020 0.035 0.015 0.030 0.025 5284CA LCTITAN-CA 0.030 Unch 5865.6 4.430 6.800 56.21 12/02/2018
0.230 0.095 0.145 0.140 0179WA BIOHLDG-WA 0.140 -0.005 1027.7 0.240 0.220 50.00 05/01/2022 0.080 0.015 0.025 0.020 5284CB LCTITAN-CB 0.025 Unch 1024.7 4.430 7.800 78.33 12/02/2018
0.400 0.080 0.180 0.180 3239WA BJASSET-WA 0.180 -0.015 32 1.200 1.000 -1.67 16/03/2018 0.265 0.045 0.055 0.045 5284CD LCTITAN-CD 0.050 -0.005 4265 4.430 6.500 50.11 30/01/2018
0.075 0.005 0.005 0.005 3395C3 BJCORP-C3 0.005 Unch 335 0.325 0.400 24.62 30/08/2017 0.465 0.100 0.135 0.125 5284CE LCTITAN-CE 0.125 -0.005 3721.8 4.430 5.500 32.62 30/01/2018
0.160 0.060 0.085 0.080 3395WB BJCORP-WB 0.085 Unch 35.5 0.325 1.000 233.85 22/04/2022 0.120 0.015 0.030 0.025 5284CF LCTITAN-CF 0.030 Unch 4482 4.430 6.280 46.50 30/01/2018
0.370 0.035 0.330 0.320 7187WA BKOON-WA 0.325 Unch 1324.1 0.525 0.200 0.00 07/07/2023 0.095 0.020 0.035 0.035 5284CG LCTITAN-CG 0.035 Unch 464.2 4.430 6.500 51.47 30/04/2018
0.081 0.040 0.045 0.040 7036WC BORNOIL-WC 0.045 Unch 830.1 0.105 0.070 9.52 08/11/2025 0.250 0.150 0.180 0.180 7126WA LONBISC-WA 0.180 Unch 0.8 0.750 1.000 57.33 26/01/2020
0.065 0.045 0.045 0.045 7036WD BORNOIL-WD 0.045 Unch 7 0.105 0.070 9.52 29/05/2027 0.095 0.020 0.060 0.060 5068WA LUSTER-WA 0.060 Unch 176 0.115 0.100 39.13 03/06/2022
0.135 0.045 0.080 0.080 7188WA BTM-WA 0.080 Unch 15 0.255 0.940 300.00 20/12/2019 0.095 0.020 0.060 0.060 5068WB LUSTER-WB 0.060 Unch 130 0.115 0.100 39.13 26/05/2023
0.235 0.095 0.170 0.155 7188WB BTM-WB 0.170 0.005 226 0.255 0.200 45.10 23/10/2024 0.060 0.015 0.040 0.040 0017WA M3TECH-WA 0.040 Unch 203.3 0.085 0.100 64.71 21/08/2019
0.435 0.060 0.305 0.295 181811 BURSA-C11 0.300 -0.005 323.9 10.580 8.900 -1.70 30/11/2017 0.750 0.275 0.620 0.600 7617WB MAGNA-WB 0.615 0.015 224.5 1.520 0.900 -0.33 04/09/2020
0.315 0.095 0.125 0.120 181812 BURSA-C12 0.125 -0.005 130 10.580 10.500 4.56 30/11/2017 0.095 0.075 0.085 0.075 5264C1 MALAKOF-C1 0.075 Unch 1556 1.020 1.000 12.75 30/01/2018
0.150 0.090 0.125 0.125 181813 BURSA-C13 0.125 Unch 144 10.580 10.500 5.15 30/03/2018 0.095 0.075 0.095 0.075 5264C2 MALAKOF-C2 0.075 Unch 694.7 1.020 1.050 10.29 30/04/2018
0.812 0.303 0.765 0.745 7174WA CAB-WA 0.760 0.005 568.2 0.960 0.550 36.46 08/02/2020 0.060 0.025 0.030 0.030 5264CZ MALAKOF-CZ 0.030 0.005 70 1.020 1.300 31.86 22/12/2017
0.160 0.030 0.030 0.030 7076CD CBIP-CD 0.030 Unch 30 2.010 2.000 2.49 18/08/2017 0.990 0.085 0.420 0.400 6181WB MALTON-WB 0.405 -0.010 2347 1.030 1.000 36.41 29/06/2018
0.220 0.045 0.140 0.135 5195WB CENSOF-WB 0.135 -0.005 334.2 0.320 0.460 85.94 07/10/2019 0.630 0.350 0.500 0.490 5236WA MATRIX-WA 0.495 -0.005 92.5 2.710 2.400 6.83 20/07/2020
0.310 0.100 0.240 0.210 102321 CIMB-C21 0.215 0.010 605.1 6.620 6.200 5.02 31/10/2017 0.110 0.100 0.110 0.110 6012C1 MAXIS-C1 0.110 Unch 20 5.760 6.000 11.81 26/02/2018
0.335 0.150 0.285 0.265 102322 CIMB-C22 0.265 0.010 639.5 6.620 5.700 2.11 24/11/2017 0.115 0.010 0.010 0.010 6012CY MAXIS-CY 0.010 -0.005 150 5.760 6.150 7.47 28/08/2017
0.175 0.170 0.170 0.170 102323 CIMB-C23 0.170 -0.005 20 6.620 6.500 12.31 02/02/2018 0.015 0.005 0.005 0.005 5189WA MAXWELL-WA 0.005 Unch 225 0.015 0.400 2,600 24/03/2020
0.155 0.085 0.140 0.125 102324 CIMB-C24 0.125 Unch 843 6.620 7.000 13.29 28/12/2017 0.165 0.120 0.125 0.125 115530 MAYBANKC30 0.125 -0.005 65 9.650 9.100 4.66 24/11/2017
0.250 0.025 0.150 0.145 0051WA CUSCAPI-WA 0.145 -0.005 350 0.275 0.270 50.91 24/04/2018 0.190 0.120 0.145 0.135 115531 MAYBANKC31 0.145 Unch 104 9.650 9.500 2.95 28/02/2018
0.470 0.310 0.335 0.320 5276WA DANCO-WA 0.330 0.005 99.8 0.565 0.300 11.50 22/05/2022 0.585 0.350 0.485 0.485 5152WA MBL-WA 0.485 0.025 1 1.070 0.800 20.09 28/11/2022
0.035 0.005 0.015 0.010 7179WB DBE-WB 0.010 Unch 1735 0.030 0.050 100.00 22/01/2022 0.230 0.095 0.115 0.095 1171C2 MBSB-C2 0.115 -0.005 79.3 1.240 1.300 14.11 02/02/2018
0.030 0.005 0.010 0.010 0152WA DGB-WA 0.010 Unch 3942.8 0.050 0.110 140.00 22/04/2018 0.090 0.035 0.040 0.035 1171CY MBSB-CY 0.040 0.005 1905.5 1.240 1.250 10.48 29/09/2017
0.105 0.060 0.070 0.070 727715 DIALOG-C15 0.070 -0.005 800 1.930 1.850 6.74 31/10/2017 0.080 0.035 0.035 0.035 1171CZ MBSB-CZ 0.035 Unch 1000 1.240 1.450 23.99 30/11/2017
0.100 0.020 0.030 0.030 694719 DIGI-C19 0.030 -0.005 130 4.810 5.100 7.28 02/02/2018 0.260 0.040 0.140 0.135 0167WB MCLEAN-WB 0.140 Unch 117.8 0.270 0.250 44.44 07/10/2020
0.165 0.050 0.085 0.085 0029WB DIGISTA-WB 0.085 Unch 495.5 0.165 0.260 109.09 04/04/2023 0.085 0.025 0.045 0.045 5040WB MEDAINC-WB 0.045 0.005 95 0.430 0.800 96.51 22/04/2022
0.370 0.045 0.280 0.270 4456WD DNEX-WD 0.270 -0.005 14587.2 0.560 0.500 37.50 30/07/2021 0.365 0.140 0.220 0.210 1694WB MENANG-WB 0.220 Unch 417 0.855 1.000 42.69 09/07/2019
0.140 0.060 0.090 0.085 7114WA DNONCE-WA 0.090 0.005 350.1 0.285 0.250 19.30 25/11/2020 0.220 0.095 0.210 0.195 0075WA MEXTER-WA 0.205 0.005 2852 0.320 0.130 4.69 17/09/2018
0.145 0.055 0.070 0.065 5265WA DOLPHIN-WA 0.065 -0.005 149 0.240 0.800 260.42 29/03/2021 2.330 0.430 1.970 1.960 3069WA MFCB-WA 1.970 0.020 11.5 3.830 2.220 9.40 08/04/2020
0.340 0.180 0.310 0.285 7169WA DOMINAN-WA 0.310 0.020 218.6 1.260 1.300 27.78 10/09/2020 0.050 0.020 0.045 0.040 7219WA MINETEC-WA 0.040 -0.005 1200 0.135 0.150 40.74 27/11/2019
0.040 0.010 0.015 0.010 7198WA DPS-WA 0.010 Unch 30 0.085 0.540 547.06 03/01/2018 0.355 0.175 0.195 0.180 5576WC MINHO-WC 0.180 -0.015 1.6 0.520 0.500 30.77 02/08/2021
0.260 0.030 0.070 0.065 161926 DRBHCOMC26 0.070 Unch 1213.2 1.650 1.550 0.30 30/08/2017 0.220 0.040 0.045 0.040 381610 MISC-C10 0.045 Unch 40 7.400 7.700 6.61 30/08/2017
0.330 0.105 0.225 0.225 161929 DRBHCOMC29 0.225 -0.015 1 1.650 1.200 0.00 16/08/2017 0.115 0.090 0.115 0.110 381612 MISC-C12 0.110 0.015 30 7.400 7.500 5.81 30/03/2018
0.380 0.115 0.280 0.280 161930 DRBHCOMC30 0.280 Unch 2 1.650 1.100 0.61 30/11/2017 0.125 0.030 0.035 0.030 3816C9 MISC-C9 0.030 -0.020 24 7.400 7.500 3.78 18/08/2017
0.180 0.060 0.085 0.080 161932 DRBHCOMC32 0.080 Unch 883 1.650 1.450 1.45 30/08/2017 0.625 0.365 0.515 0.510 9571WD MITRA-WD 0.510 -0.005 99 1.350 1.090 18.52 23/08/2020
0.195 0.060 0.100 0.090 161933 DRBHCOMC33 0.095 Unch 2772.4 1.650 1.650 11.52 31/10/2017 1.125 0.645 0.680 0.660 6114WB MKH-WB 0.680 -0.010 22 2.230 1.550 0.00 29/12/2017
0.125 0.080 0.095 0.085 161937 DRBHCOMC37 0.095 Unch 12.5 1.650 1.850 23.64 30/03/2018 0.115 0.020 0.055 0.045 0085WA MLAB-WA 0.050 0.005 8804.2 0.150 0.100 0.00 24/04/2020
0.075 0.065 0.065 0.065 161939 DRBHCOMC39 0.065 Unch 80 1.650 1.880 25.76 30/03/2018 0.880 0.230 0.775 0.765 7595WA MLGLOBAL-WA 0.775 Unch 25.3 1.250 0.500 2.00 27/10/2019
0.055 0.050 0.050 0.050 5216CZ DSONIC-CZ 0.050 Unch 200 1.170 1.380 26.50 30/03/2018 0.115 0.090 0.090 0.090 2194C6 MMCCORP-C6 0.090 -0.025 1.7 2.350 2.450 11.91 30/04/2018
0.320 0.120 0.180 0.180 3417WB E&O-WB 0.180 Unch 40.4 1.620 2.600 71.60 21/07/2019 0.225 0.175 0.200 0.200 3867CG MPI-CG 0.200 -0.025 80 13.820 13.100 9.26 22/12/2017
0.065 0.025 0.035 0.035 0154WC EAH-WC 0.035 -0.005 550 0.085 0.100 58.82 18/06/2019 0.070 0.020 0.025 0.025 0070WA MQTECH-WA 0.025 Unch 110 0.050 0.100 150.00 21/11/2021
0.195 0.090 0.140 0.130 3557WC ECOFIRS-WC 0.135 -0.005 963.2 0.290 0.300 50.00 10/09/2019 0.135 0.020 0.025 0.025 165115 MRCB-C15 0.025 Unch 907 1.170 1.800 57.05 24/11/2017
0.150 0.080 0.130 0.130 5253CA ECONBHD-CA 0.130 -0.010 15 2.720 2.500 6.25 30/11/2017 0.060 0.015 0.015 0.015 165116 MRCB-C16 0.015 -0.005 784 1.170 2.100 83.59 29/12/2017
0.190 0.095 0.100 0.100 8206CF ECOWLD-CF 0.100 Unch 50 1.560 1.600 12.18 02/02/2018 0.155 0.055 0.065 0.060 165117 MRCB-C17 0.060 Unch 400 1.170 1.540 41.88 28/02/2018
0.170 0.080 0.090 0.085 8206CG ECOWLD-CG 0.090 0.005 573.8 1.560 1.500 7.69 30/11/2017 0.065 0.055 0.065 0.055 165121 MRCB-C21 0.055 Unch 1207.7 1.170 1.400 26.71 30/04/2018
0.175 0.070 0.080 0.075 8206CH ECOWLD-CH 0.080 0.005 400.1 1.560 1.600 10.26 08/12/2017 0.115 0.095 0.110 0.110 165122 MRCB-C22 0.110 -0.005 30 1.170 1.350 34.19 26/04/2018
0.710 0.365 0.510 0.490 8206WA ECOWLD-WA 0.490 0.005 31 1.560 2.080 64.74 26/03/2022 0.175 0.085 0.095 0.090 1651WA MRCB-WA 0.090 Unch 1755.1 1.170 2.300 104.27 14/09/2018
0.140 0.045 0.065 0.050 0107WA EDUSPEC-WA 0.060 0.005 3296.8 0.150 0.180 60.00 24/12/2018 0.080 0.010 0.015 0.015 0092WA MTOUCHE-WA 0.015 Unch 410.5 0.440 1.260 189.77 17/01/2018
0.945 0.360 0.835 0.830 0065WA EFORCE-WA 0.835 Unch 79.5 1.190 0.340 -1.26 17/07/2019 0.220 0.030 0.120 0.105 0092WB MTOUCHE-WB 0.110 -0.005 1669.2 0.440 0.540 47.73 16/03/2020
0.670 0.415 0.430 0.420 8907WC EG-WC 0.425 Unch 130 0.800 0.500 15.63 03/11/2020 0.370 0.105 0.220 0.210 5703CD MUHIBAH-CD 0.220 -0.005 500.8 2.770 2.600 4.45 29/12/2017
0.030 0.005 0.015 0.015 7182WA EKA-WA 0.015 Unch 150 0.075 0.200 186.67 22/01/2019 0.230 0.115 0.150 0.150 13812 MYEG-C12 0.150 -0.005 50 2.130 1.500 -1.41 18/09/2017
0.140 0.025 0.040 0.035 8877CA EKOVEST-CA 0.040 Unch 3910.6 1.110 1.600 49.55 08/12/2017 0.245 0.175 0.205 0.205 13813 MYEG-C13 0.205 -0.040 5 2.130 1.600 3.99 29/12/2017
0.090 0.045 0.055 0.055 8877CC EKOVEST-CC 0.055 -0.005 418.8 1.110 1.300 29.50 28/12/2017 0.190 0.075 0.085 0.085 13815 MYEG-C15 0.085 -0.015 160 2.130 2.000 5.47 29/09/2017
1.350 0.247 0.830 0.810 8877WB EKOVEST-WB 0.820 Unch 689.4 1.110 0.480 17.12 25/06/2019 0.255 0.100 0.125 0.120 13816 MYEG-C16 0.125 Unch 390 2.130 2.000 5.63 02/02/2018
0.630 0.310 0.420 0.400 5056WA ENGTEX-WA 0.420 0.010 403.5 1.270 0.830 -1.57 25/10/2017 0.170 0.075 0.080 0.075 13817 MYEG-C17 0.080 -0.005 1824.8 2.130 2.300 17.37 30/11/2017
0.450 0.260 0.270 0.260 5283WA EWINT-WA 0.270 Unch 2891.8 1.080 1.450 59.26 02/04/2022 0.110 0.065 0.070 0.065 13818 MYEG-C18 0.070 -0.010 323 2.130 2.600 30.28 25/01/2018
0.570 0.100 0.520 0.505 7047WB FAJAR-WB 0.510 0.010 3898.6 0.955 0.700 26.70 24/09/2019 0.095 0.060 0.065 0.060 13819 MYEG-C19 0.065 0.005 374.5 2.130 2.650 32.65 29/12/2017
0.180 0.115 0.140 0.140 06501R FBMKLCI-C1R 0.140 Unch 110 1,774 1,670 -0.37 29/09/2017 0.120 0.085 0.085 0.085 13820 MYEG-C20 0.085 -0.005 94.1 2.130 2.600 30.05 22/01/2018
0.120 0.070 0.085 0.085 06501U FBMKLCI-C1U 0.085 0.005 155 1,774 1,715 0.00 31/10/2017 0.070 0.070 0.070 0.070 13821 MYEG-C21 0.070 Unch 42 2.130 2.280 20.19 30/03/2018
0.100 0.010 0.010 0.010 06502W FBMKLCI-H2W 0.010 -0.005 194.9 1,774 1,715 -2.96 31/10/2017 0.195 0.065 0.090 0.080 0138C7 MYEG-C7 0.090 -0.005 229 2.130 1.867 -1.09 22/08/2017
0.160 0.050 0.050 0.050 06502Z FBMKLCI-H2Z 0.050 Unch 170 1,774 1,765 1.44 30/11/2017 0.480 0.115 0.350 0.320 0138C8 MYEG-C8 0.350 0.010 144.8 2.130 1.567 0.94 31/10/2017
0.480 0.380 0.390 0.380 06504B FBMKLCI-H4B 0.380 -0.045 1000 1,774 1,790 5.15 30/11/2017 0.460 0.140 0.300 0.300 0138C9 MYEG-C9 0.300 -0.030 15 2.130 1.600 -1.41 16/08/2017
0.135 0.110 0.110 0.110 06504D FBMKLCI-H4D 0.110 -0.005 60 1,774 1,800 5.78 31/01/2018 0.065 0.005 0.025 0.020 0020WB NETX-WB 0.025 Unch 238.5 0.045 0.050 66.67 08/06/2019
0.135 0.020 0.025 0.020 522226 FGV-C26 0.025 Unch 466.1 1.600 2.200 41.56 31/10/2017 0.030 0.015 0.020 0.020 0096WA NEXGRAM-WA 0.020 -0.005 272.4 0.040 0.100 200.00 16/05/2022
0.085 0.010 0.020 0.020 522227 FGV-C27 0.020 Unch 222.5 1.600 2.450 56.25 16/10/2017 0.025 0.010 0.010 0.010 0096WB NEXGRAM-WB 0.010 -0.005 25 0.040 0.260 575.00 21/07/2023
0.155 0.045 0.050 0.050 522228 FGV-C28 0.050 Unch 100 1.600 2.050 35.94 02/02/2018 0.035 0.015 0.025 0.020 0096WC NEXGRAM-WC 0.020 -0.005 200 0.040 0.100 200.00 15/01/2024
0.130 0.055 0.070 0.060 522229 FGV-C29 0.060 Unch 95.1 1.600 2.100 40.63 08/01/2018 0.415 0.190 0.315 0.305 0172WA OCK-WA 0.310 Unch 877.1 0.900 0.710 13.33 15/12/2020
0.195 0.110 0.120 0.110 522230 FGV-C30 0.115 0.005 4928.4 1.600 1.600 20.13 28/12/2017 0.255 0.060 0.155 0.135 7071WC OCR-WC 0.155 Unch 10.5 0.565 0.500 15.93 24/07/2021
0.145 0.100 0.115 0.110 522231 FGV-C31 0.110 Unch 983 1.600 1.630 19.06 30/03/2018 0.280 0.045 0.060 0.055 9008WB OMESTI-WB 0.060 0.005 28.2 0.470 0.500 19.15 30/05/2018
0.080 0.080 0.080 0.080 522233 FGV-C33 0.080 Unch 128 1.600 1.800 27.50 30/03/2018 0.370 0.195 0.270 0.260 5053WC OSK-WC 0.270 0.005 55 1.580 1.800 31.01 22/07/2020
0.090 0.075 0.085 0.080 522237 FGV-C37 0.080 Unch 42.5 1.600 1.900 30.25 30/01/2018 0.230 0.080 0.210 0.205 7052CI PADINI-CI 0.210 0.010 170 3.800 2.800 1.32 29/09/2017
0.130 0.065 0.085 0.085 9318WB FITTERS-WB 0.085 Unch 30.4 0.400 1.000 171.25 12/10/2019 0.175 0.155 0.160 0.160 7052CM PADINI-CM 0.160 Unch 120 3.800 3.750 13.42 22/02/2018
0.740 0.230 0.570 0.540 9261WB GADANG-WB 0.570 0.035 3673.5 0.570 1.060 185.96 29/11/2021 0.050 0.025 0.040 0.035 0005WA PALETTE-WA 0.035 Unch 456.3 0.075 0.040 0.00 20/03/2018
0.210 0.075 0.170 0.170 539831 GAMUDA-C31 0.170 0.005 11 5.410 4.900 0.00 29/09/2017 0.300 0.080 0.245 0.240 5125WA PANTECH-WA 0.245 -0.005 309.8 0.660 0.500 12.88 21/12/2020
0.130 0.075 0.090 0.090 539836 GAMUDA-C36 0.090 Unch 100 5.410 5.350 5.55 08/12/2017 0.300 0.105 0.265 0.250 5125WB PANTECH-WB 0.255 -0.010 300.8 0.660 0.500 14.39 21/12/2021
1.480 1.140 1.400 1.360 5398WE GAMUDA-WE 1.390 0.030 2062.1 5.410 4.050 0.55 06/03/2021 0.100 0.035 0.045 0.045 129514 PBBANK-C14 0.045 Unch 50 20.760 21.000 2.89 29/09/2017
0.455 0.120 0.370 0.345 5226WA GBGAQRS-WA 0.360 0.005 9171.4 1.590 1.300 4.40 20/07/2018 0.240 0.015 0.035 0.025 518310 PCHEM-C10 0.025 Unch 187.9 7.010 7.100 2.53 18/08/2017
0.330 0.100 0.175 0.170 0078CD GDEX-CD 0.170 -0.005 70.1 0.665 0.600 9.40 31/10/2017 0.255 0.035 0.060 0.050 5183C9 PCHEM-C9 0.055 Unch 1504.9 7.010 7.000 2.60 29/09/2017
0.125 0.090 0.090 0.090 0078CF GDEX-CF 0.090 Unch 55 0.665 0.650 18.05 02/02/2018 0.060 0.045 0.060 0.045 518301 PCHEM-MC01 0.050 -0.005 8382.4 7.010 7.800 15.55 14/12/2017
0.572 0.117 0.470 0.455 0078WB GDEX-WB 0.460 -0.005 239.2 0.665 0.383 26.69 05/02/2020 0.400 0.200 0.240 0.225 9997WB PENSONI-WB 0.240 -0.005 40 0.650 0.600 29.23 20/01/2024
0.300 0.130 0.230 0.230 471524 GENM-C24 0.230 -0.015 46 6.050 5.500 4.21 29/12/2017 0.485 0.135 0.385 0.385 8311WC PESONA-WC 0.385 -0.005 11.6 0.630 0.250 0.79 27/01/2020
3.850 2.540 2.840 2.840 2291WA GENP-WA 2.840 -0.160 2.3 10.740 7.750 -1.40 17/06/2019 0.130 0.095 0.110 0.100 5681CS PETDAG-CS 0.100 0.005 212 23.800 24.100 5.46 30/03/2018
0.180 0.070 0.120 0.120 318242 GENTINGC42 0.120 Unch 25 9.750 9.500 4.82 29/12/2017 0.150 0.040 0.055 0.050 6033CO PETGAS-CO 0.055 Unch 40 18.700 19.800 8.53 29/12/2017
1.950 1.240 1.750 1.710 3182WA GENTING-WA 1.750 0.020 679.9 9.750 7.960 -0.41 18/12/2018 0.315 0.085 0.300 0.270 3042CC PETRONM-CC 0.285 0.005 9306.7 9.760 6.500 1.64 29/09/2017
0.230 0.070 0.115 0.110 1147WA GOB-WA 0.115 Unch 74.6 0.370 0.800 147.30 24/12/2019 0.460 0.210 0.460 0.355 3042CD PETRONM-CD 0.430 0.055 36656.9 9.760 8.500 39.96 22/02/2018
0.055 0.025 0.035 0.030 7096WA GPA-WA 0.035 Unch 524.8 0.100 0.100 35.00 03/06/2025 0.125 0.115 0.125 0.125 8869CR PMETAL-CR 0.125 0.010 5 2.840 2.880 23.42 30/04/2018
0.195 0.155 0.155 0.155 7022CK GTRONIC-CK 0.155 -0.015 50 6.140 6.000 12.87 08/01/2018 2.600 2.200 2.450 2.440 8869WC PMETAL-WC 2.440 -0.040 38 2.840 0.390 -0.35 22/08/2019
0.275 0.095 0.170 0.170 7676WB GUNUNG-WB 0.170 Unch 45 0.440 0.400 29.55 02/10/2020 1.050 0.625 0.970 0.940 7088WB POHUAT-WB 0.965 0.030 1831.1 1.990 1.000 -1.26 21/10/2020
MONDAY AU G U S T 7, 20 17 T H EED G E FINA NCIA L DA ILY
Markets 2 9
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S

Wall Street ahead Dow chalks up
eighth record close in a row
NEW YORK: The Dow Jones Industrial
Average ended at its eighth straight record
high last Friday, with gains in JPMorgan
Chase and other banks after data showed
US employers hired more workers than
expected in July.
The strong job report is likely to clear
the way for the US Federal Reserve to
announce a plan to start shrinking its
US$4.2 trillion bond portfolio in September,
and could strengthen its case to raise rates
for the third time in December this year.
The Labour Department report showed
non-farm payrolls increased by 209,000
jobs last month, above the 183,000 rise
expected by economists polled by Reuters.
Its stability. Thats what the markets
love. This still indicates that the expansion
is on. That should provide some comfort,
said Bodhi Ganguli, lead economist at Dun
& Bradstreet in Short Hills, New Jersey.
With banks standing to benefit from
higher interest rates, the S&P Financial
Index rose 0.72%. Goldman Sachs rose
2.59% and was the top contributor to the
Dows gain for the day.
Perceived chances of an interest rate
hike by the US central bank by the end of
the year increased to 50% from 46% after
the release of the data, according to CME
Groups FedWatch tool.
Analysts, on average, expect S&P 500
earnings to have grown 12% in the second
quarter and they project earnings up 9.3%
for the September quarter, according to
Thomson Reuters.
We would expect this week to see
market highs again just based on the
positive tone created by strong second-
quarter earnings and favorable outlooks,
said Tim Ghriskey, chief investment officer
of Solaris Group. We are really in a sweet
spot here.
The Dow rose 0.3% to end at 22,092.81,
an all-time high; the S&P 500 gained 0.19%
to 2,476.83; and the Nasdaq Composite
added 0.18% to 6,351.56.
For the week, the Dow climbed 1.2%,
the S&P 500 rose 0.2% and the Nasdaq
shed 0.4%.
The S&P 500 Materials Index rose
0.48%, helped by a 1.07% rise in Dow
Chemical.
The utilities, healthcare and consumer
staples indices fell. Gileads 1.63% fall
and Allergans 3.08% loss weighed on the
healthcare index.
Walt Disney fell 1.31% and was the
biggest drag on the Dow.
Viacom slumped 13.83% after the
company forecast a low single-digit dip in
sales.
Yelp jumped 27.67% after the company
said it would sell its Eat24 business to
Grubhub for US$287.5 million and reported
a better-than-expected quarterly revenue.
Grubhub rose 9.2%.
Global markets Southeast Asian
stocks edge up; Philippines gains on
bargain-hunting
BENGALURU: Most Southeast Asian stock
markets ended higher last Friday tracking
peers in Asia, with the Philippines leading
the pack on bargain-hunting.
MSCIs Broadest Index of Asia-Pacific
shares outside Japan was marginally higher
ahead of the US job report later in the day.
Investors will scrutinise the report for
clues about whether it could influence the
timing of the US Federal Reserves plans
to tighten monetary policy.
Philippine shares ended 0.7% higher,
buoyed by gains in utilities and financial
stocks. The benchmark index was down
1.7% on week, its worst this year.
Energy Development Corp (EDC)
surged to end the session 16% higher
after the renewable power producer said
last Thursday a consortium of investors
had offered to buy about a third of the
company. Its parent First Gen Corp gained
6.1%. Shares in both the companies saw
heavy trading activity.
The market last Friday was largely
boosted by the performance of EDC and
First Gen, said Charles Ang, an analyst
with Manila-based COL Financial.
Last Fridays rise could also be due to
bargain-hunting as the index had declined
by over 200 points over the last few days,
Ang added.
The Philippines annual inflation was
2.8% in July, picking up slightly from the
previous months revised 2.7% rate.
Malaysia ended 0.2% higher, aided
by financials and industrials. Public Bank
Bhd ended 0.8% higher, while MISC Bhd
closed up 0.4%. The index ended a third
straight week higher.
Malaysias exports in June grew 10% from
a year earlier, government data showed.
Bucking the trend, Singapore ended
0.3% down, as oil and gas stocks took a hit
from lower oil prices. Sembcorp Industries
lost 1.6%, while DBS Group Holdings ended
2.5% lower after it flagged pressures on
asset quality.
Singapore shares snapped five weeks
of gains to end marginally lower for the
week.
Chinas Shanghai stocks fell last Friday,
but managed to notch their seventh straight
week of gains, bolstered by the continued
robust performance of resources firms.
The blue-chip CSI 300 Index fell 0.5%,
while the Shanghai Composite Index
(SSEC) lost 0.3%. For the week, the CSI
300 was down 0.4%, while the SSEC
gained 0.3%.
The Hong Kongs Hang Seng Index
rose 0.1%, while the China Enterprises
Index was unchanged at 11,003.08 points.
I n E u ro p e, t h e p a n - E u ro p e a n
FTSEurofirst 300 Index rose 0.99% and
MSCIs gauge of stocks across the globe
gained 0.04%. Reuters

Dow Jones Euro STOXX 50 Index FT Straits Times Shanghai Composite

Index points Index points Index points
Index points
22000 3900 3600 5800

2,774.06
18900 3415 3300 4825
2,772.70
3,262.08
15800 3000 3850 -10.85
2930
10,403.79 22,092.81 (-0.33%)
3,087.842
+66.71
12700 (+0.30%) 3,507.41 2700 3,326.52 2875
2445 +41.04 -16.40
(+1.18%) (-0.49%)
9600 1960 2400 1900
Mar 1, 2010 Aug 4, 2017 Mar 1, 2010 Aug 4, 2017 Mar 1, 2010 Aug 4, 2017 Mar 1, 2010 Aug 4, 2017

YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY
Bursa Malaysia Equity Derivatives HIGH
0.165
LOW
0.040
HIGH
0.065
LOW
0.060 5158CD TAGB-CD
(RM)
0.060
(RM)
0.010
(000)
630
PRICE PRICE
0.335 0.300
(%)
7.46 31/10/2017
DATE

0.130 0.060 0.080 0.075 0132WA TDEX-WA 0.080 Unch 1118.4 0.140 0.110 35.71 21/09/2018
Main Market & Ace Market Warrants 1.160 0.300 0.355 0.340 7200WA TEKSENG-WA 0.340 Unch 241.8 0.555 0.250 6.31 29/01/2020
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY 0.170 0.105 0.105 0.105 534737 TENAGA-C37 0.105 -0.005 50 14.160 14.100 4.77 24/11/2017
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE 0.140 0.090 0.095 0.095 534738 TENAGA-C38 0.095 Unch 1055 14.160 14.000 4.91 30/11/2017
0.160 0.040 0.150 0.135 0145WA TFP-WA 0.145 Unch 5213 0.225 0.100 8.89 15/02/2019
0.210 0.170 0.185 0.185 463410 POS-C10 0.185 0.010 80 5.300 5.500 17.74 22/01/2018
3.560 2.620 2.730 2.690 7034WA TGUAN-WA 2.730 0.040 26 4.250 1.500 -0.47 09/10/2019
0.125 0.105 0.125 0.120 463411 POS-C11 0.125 0.020 475 5.300 5.300 10.61 30/04/2018
0.025 0.005 0.010 0.010 7079WB TIGER-WB 0.010 Unch 1219.5 0.060 0.170 200.00 23/12/2018
0.455 0.110 0.335 0.320 4634C3 POS-C3 0.335 0.015 196 5.300 4.000 0.75 30/08/2017
0.040 0.010 0.020 0.020 7079WC TIGER-WC 0.020 Unch 8 0.060 0.080 66.67 11/02/2021
0.335 0.150 0.200 0.200 4634C5 POS-C5 0.200 -0.010 10 5.300 4.200 -1.89 16/08/2017
0.315 0.125 0.170 0.165 0101WB TMCLIFE-WB 0.165 Unch 65 0.780 0.750 17.31 21/06/2019
0.285 0.130 0.155 0.145 4634C8 POS-C8 0.155 0.010 803 5.300 5.100 7.92 31/10/2017
0.810 0.510 0.680 0.675 8397WC TNLOGIS-WC 0.675 -0.005 124.2 1.700 1.000 -1.47 26/12/2018
0.370 0.140 0.210 0.200 4634C9 POS-C9 0.210 0.005 772 5.300 4.900 10.28 16/10/2017
0.485 0.109 0.450 0.435 7285WA TOMYPAK-WA 0.435 -0.025 408.7 1.020 0.930 33.82 21/06/2021
0.710 0.198 0.635 0.625 7168WA PRG-WA 0.635 Unch 351.8 1.030 0.375 -1.94 06/07/2019
0.185 0.050 0.115 0.105 711316 TOPGLOV-C16 0.115 0.010 185 5.750 5.400 1.91 30/08/2017
0.710 0.425 0.465 0.455 8966WA PRLEXUS-WA 0.465 0.015 32.6 1.280 1.200 30.08 14/06/2021
0.200 0.035 0.170 0.160 711317 TOPGLOV-C17 0.160 Unch 110 5.750 5.200 2.96 29/12/2017
0.145 0.040 0.085 0.085 7145WA PSIPTEK-WA 0.085 -0.005 269 0.150 0.100 23.33 16/11/2019
0.200 0.040 0.050 0.050 7173WA TOYOINK-WA 0.050 -0.005 130.1 0.682 1.500 127.27 20/04/2018
0.140 0.020 0.060 0.060 0007WA PUC-WA 0.060 Unch 864 0.120 0.100 33.33 25/12/2024
0.365 0.205 0.215 0.215 7176WA TPC-WA 0.215 Unch 45 0.405 0.200 2.47 19/01/2021
0.145 0.015 0.060 0.055 0007WB PUC-WB 0.055 -0.005 2218.8 0.120 0.100 29.17 15/02/2019
0.360 0.230 0.245 0.245 5401WA TROP-WA 0.245 -0.005 10 0.936 1.000 33.01 06/12/2019
0.750 0.215 0.655 0.620 7134WA PWF-WA 0.645 0.040 159.2 1.110 0.620 13.96 20/07/2021
0.175 0.015 0.015 0.015 5230CN TUNEPRO-CN 0.015 Unch 400 1.060 1.500 43.63 30/11/2017
0.170 0.020 0.100 0.095 5256WA REACH-WA 0.095 Unch 1003 0.405 0.750 108.64 12/08/2022
0.150 0.045 0.050 0.050 514841 UEMS-C41 0.050 Unch 235.1 1.150 1.140 7.83 31/10/2017
0.155 0.050 0.115 0.060 1066CY RHBBANK-CY 0.060 -0.005 82 4.980 5.250 11.45 28/11/2017
0.085 0.005 0.010 0.010 514842 UEMS-C42 0.010 Unch 10 1.150 1.400 23.48 29/09/2017
0.090 0.060 0.060 0.060 5270WA RSENA-WA 0.060 -0.005 311 0.450 0.500 24.44 01/12/2023
0.100 0.020 0.030 0.025 514845 UEMS-C45 0.030 Unch 3767.5 1.150 1.200 11.39 31/10/2017
0.040 0.015 0.015 0.015 0133WC SANICHI-WC 0.015 Unch 178 0.055 0.210 309.09 24/09/2019
0.150 0.105 0.115 0.115 514847 UEMS-C47 0.115 Unch 84.2 1.150 1.000 6.96 30/01/2018
0.050 0.020 0.025 0.025 0133WD SANICHI-WD 0.025 Unch 650 0.055 0.100 127.27 21/07/2019
0.075 0.075 0.075 0.075 514848 UEMS-C48 0.075 Unch 100 1.150 1.300 26.09 30/04/2018
0.205 0.065 0.205 0.170 5157WA SAUDEE-WA 0.200 0.025 4051.6 0.450 0.500 55.56 31/03/2021
0.075 0.070 0.075 0.075 514851 UEMS-C51 0.075 0.005 70 1.150 1.200 17.39 22/02/2018
0.185 0.055 0.100 0.095 0161WA SCH-WA 0.095 -0.005 695.5 0.195 0.100 0.00 04/12/2021
0.195 0.070 0.090 0.090 7091WA UNIMECH-WA 0.090 -0.005 9.6 1.070 1.500 48.60 18/09/2018
0.190 0.055 0.130 0.130 0028WA SCOPE-WA 0.130 -0.005 100 0.235 0.150 19.15 17/07/2020
0.290 0.085 0.290 0.240 5005CU UNISEM-CU 0.280 0.055 959.8 4.080 2.700 0.49 16/10/2017
0.785 0.160 0.600 0.575 7073WB SEACERA-WB 0.580 -0.020 671.1 1.310 1.000 20.61 29/05/2019
0.345 0.195 0.345 0.315 5005CV UNISEM-CV 0.340 0.075 108 4.080 3.100 0.98 30/11/2017
0.170 0.010 0.050 0.040 5250CF SEM-CF 0.045 -0.010 744.6 1.420 1.550 15.49 28/11/2017
0.185 0.085 0.185 0.155 5005CW UNISEM-CW 0.180 0.065 465.8 4.080 3.450 4.41 31/10/2017
0.055 0.005 0.010 0.010 521842 SENERGYC42 0.010 0.005 61.2 1.510 2.200 48.01 31/10/2017
0.180 0.115 0.180 0.165 5005CX UNISEM-CX 0.180 0.050 227 4.080 3.450 4.41 30/11/2017
0.100 0.025 0.025 0.025 521845 SENERGYC45 0.025 Unch 548.2 1.510 2.000 35.76 28/02/2018
0.210 0.135 0.210 0.170 5005CY UNISEM-CY 0.200 0.065 177.5 4.080 4.000 12.75 08/01/2018
0.110 0.090 0.090 0.090 521847 SENERGYC47 0.090 -0.005 120 1.510 1.700 24.50 30/01/2018
0.164 0.025 0.055 0.050 0069WB VIVOCOM-WB 0.050 Unch 5331.8 0.140 0.200 78.57 07/09/2018
0.075 0.065 0.065 0.065 521848 SENERGYC48 0.065 -0.010 140 1.510 1.980 39.74 30/03/2018
0.180 0.050 0.080 0.075 0069WC VIVOCOM-WC 0.080 Unch 60 0.140 0.100 28.57 22/01/2020
0.170 0.120 0.125 0.120 5279CA SERBADK-CA 0.125 0.005 364 1.900 2.000 21.71 02/02/2018
0.175 0.055 0.080 0.075 0069WD VIVOCOM-WD 0.080 Unch 558 0.140 0.100 28.57 08/07/2020
0.205 0.055 0.175 0.165 7165WA SGB-WA 0.175 -0.005 12 0.655 0.600 18.32 07/04/2021
0.055 0.020 0.030 0.025 7070WB VIZIONE-WB 0.030 0.005 632.4 0.115 0.160 65.22 20/06/2018
0.350 0.210 0.245 0.235 7246WA SIGN-WA 0.235 -0.005 97.4 0.900 0.970 33.89 21/04/2021
0.095 0.030 0.070 0.065 7070WC VIZIONE-WC 0.070 0.005 921.5 0.115 0.100 47.83 05/02/2022
0.230 0.145 0.150 0.150 419712 SIME-C12 0.150 -0.030 10 9.400 8.500 0.00 18/08/2017
0.650 0.200 0.650 0.625 7240WA VOIR-WA 0.645 0.025 589.9 1.060 0.500 8.02 31/03/2024
0.190 0.095 0.100 0.100 419714 SIME-C14 0.100 Unch 5 9.400 9.000 1.06 29/12/2017
0.235 0.155 0.220 0.215 6963CM VS-CM 0.220 0.005 440 2.170 1.800 3.23 30/11/2017
0.190 0.120 0.170 0.155 7155CE SKPRES-CE 0.155 -0.035 75.1 1.380 1.200 3.80 25/01/2018
0.055 0.010 0.015 0.015 0066WA VSOLAR-WA 0.015 Unch 630 0.100 0.120 35.00 01/12/2017
0.245 0.110 0.115 0.110 9776WB SMCAP-WB 0.110 -0.005 155 0.615 1.000 80.49 13/07/2018
0.690 0.240 0.625 0.615 6963WA VS-WA 0.620 Unch 2202 2.170 1.650 4.61 06/01/2019
0.285 0.130 0.220 0.215 0093WA SOLUTN-WA 0.220 0.005 110 0.320 0.200 31.25 04/07/2021
0.135 0.040 0.045 0.040 3565CA WCEHB-CA 0.040 -0.005 149.1 1.390 1.650 24.46 30/11/2017
0.210 0.050 0.055 0.055 8664CV SPSETIA-CV 0.055 Unch 50 3.270 3.400 10.70 31/10/2017
0.085 0.040 0.045 0.040 3565CB WCEHB-CB 0.040 -0.010 111 1.390 1.700 28.06 08/01/2018
0.400 0.080 0.095 0.090 8664CW SPSETIA-CW 0.095 Unch 40.3 3.270 3.400 8.33 29/12/2017
0.215 0.035 0.040 0.040 9679C1 WCT-C1 0.040 -0.005 1060 1.890 2.250 23.70 30/11/2017
0.200 0.020 0.025 0.025 8664CY SPSETIA-CY 0.025 Unch 440 3.270 3.900 20.80 08/12/2017
0.340 0.050 0.060 0.060 9679CZ WCT-CZ 0.060 -0.005 10.8 1.890 2.000 10.58 31/10/2017
0.140 0.035 0.075 0.065 0129WA SRIDGE-WA 0.075 0.005 95.5 0.195 0.180 30.77 24/02/2023
0.665 0.170 0.220 0.210 9679WD WCT-WD 0.215 -0.010 1088.6 1.890 1.710 1.85 11/12/2017
0.125 0.020 0.055 0.055 0140WA STERPRO-WA 0.055 -0.010 25.2 0.165 0.480 224.24 17/02/2021
0.570 0.175 0.320 0.315 9679WE WCT-WE 0.315 -0.005 513.7 1.890 2.080 26.72 27/08/2020
0.065 0.015 0.025 0.025 1201WA SUMATEC-WA 0.025 Unch 72.2 0.050 0.320 590.00 03/03/2021
0.930 0.490 0.680 0.665 7245WA WZSATU-WA 0.680 Unch 34.9 1.110 0.500 6.31 28/10/2024
0.060 0.015 0.020 0.020 1201WB SUMATEC-WB 0.020 Unch 415.8 0.050 0.175 290.00 13/11/2018
0.220 0.020 0.145 0.135 5156WC XDL-WC 0.145 Unch 24.3 0.245 0.160 24.49 02/07/2018
0.120 0.100 0.115 0.115 5263CK SUNCON-CK 0.115 Unch 150 2.120 2.200 14.62 08/01/2018
0.015 0.005 0.010 0.005 0095WA XINGHE-WA 0.010 0.005 70 0.040 0.100 175.00 22/03/2019
0.090 0.065 0.070 0.070 3743CA SUNSURIA-CA 0.070 0.005 318 1.440 1.600 20.83 26/02/2018
0.110 0.035 0.055 0.055 0165WA XOX-WA 0.055 -0.005 376.1 0.105 0.200 142.86 10/02/2019
0.505 0.145 0.410 0.405 3743WA SUNSURIA-WA 0.405 Unch 162.4 1.440 1.500 32.29 22/07/2020
0.185 0.050 0.065 0.065 7020WB YKGI-WB 0.065 Unch 82.3 0.205 0.500 175.61 28/05/2020
0.325 0.100 0.290 0.285 0148WA SUNZEN-WA 0.290 0.030 45.1 0.365 0.100 6.85 14/04/2019
1.100 0.635 0.950 0.910 7066WA YONGTAI-WA 0.920 -0.005 421 1.350 0.500 5.19 24/06/2020
0.235 0.060 0.180 0.175 0148WB SUNZEN-WB 0.175 0.005 118.5 0.365 0.250 16.44 25/02/2021
0.100 0.030 0.040 0.035 4677C8 YTL-C8 0.040 0.005 520.3 1.420 1.500 8.45 29/12/2017
0.080 0.015 0.020 0.015 710626 SUPERMX-C26 0.020 -0.005 568 1.900 2.200 18.95 31/10/2017
0.115 0.045 0.060 0.055 6742C1 YTLPOWR-C1 0.060 0.010 401 1.430 1.400 2.10 28/02/2018
0.155 0.050 0.055 0.050 710627 SUPERMX-C27 0.050 -0.005 623.8 1.900 2.000 10.53 02/02/2018
0.450 0.320 0.335 0.325 6742WB YTLPOWR-WB 0.330 Unch 364.1 1.430 1.140 2.80 11/06/2018
0.220 0.130 0.140 0.135 7082WB SYF-WB 0.140 Unch 340 0.480 0.700 75.00 11/11/2019
0.125 0.040 0.060 0.050 2283WA ZELAN-WA 0.050 -0.010 213 0.130 0.250 130.77 25/01/2019
0.365 0.125 0.230 0.230 1538WB SYMLIFE-WB 0.230 Unch 10 0.915 1.100 45.36 11/11/2020
Please refer to the Bursa Malaysia website for the prices of loan stocks, bonds and overseas structure warrants
3 0 Markets M ON DAY AU G U ST 7, 2 0 17 TH EEDGE FI N AN C I AL DAI LY

INSIDER MOVES . TRADING THEMES . EVENTS . FOREX

Insider moves (Filings on Aug 3, 2017) Trading themes

Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the companys outlook. Amazons growing clout among consumer stocks
COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION
(DISPOSED) SHAREHOLDER AFTER CHANGE DATE
7-ELEVEN MALAYSIA (32,000,000) BERJAYA RETAIL 376,465,700 1/8
AXIS REAL ESTATE 502,800 KUMPULAN WANG PERSARAAN 68,629,596 31/7
INVESTMENT TRUST (DIPERBADANKAN)
AXIS REAL ESTATE 581,900 EMPLOYEES PROVIDENT FUND BOARD 139,563,364 31/7
INVESTMENT TRUST
BIMB (9,947,000) AMANAHRAYA TRUSTEES 85,626,239 1/8
- SKIM AMANAH SAHAM BUMIPUTERA
BIMB 10,000,000 PERMODALAN NASIONAL 103,728,003 1/8
BINTAI KINDEN CORPORATION (6,500,000) KENYALANG PROPERTY DEVELOPMENT 31/7
CHIN WELL 743,200 HALLEY SICAV - HALLEY ASIAN PROSPERITY, 15,783,800 21, 24 - 28/7
LUXEMBOURG
DIALOG GROUP (1,620,000) EMPLOYEES PROVIDENT FUND BOARD 679,860,150 31/7
DIGI.COM (1,125,900) EMPLOYEES PROVIDENT FUND BOARD 1,055,211,994 31/7
DNONCE TECHNOLOGY 690,000 LAW KIM CHOON 41,046,022 31/7
DRB-HICOM (900,000) EMPLOYEES PROVIDENT FUND BOARD 111,241,987 28/7
DUTCH LADY MILK INDUSTRIES (339,000) AMANAHRAYA TRUSTEES 3,201,900 27 & 28/8
- SKIM AMANAH SAHAM BUMIPUTERA
FRASER & NEAVE 536,600 EMPLOYEES PROVIDENT FUND BOARD 43,056,630 31/7
GAMUDA 2,000,000 EMPLOYEES PROVIDENT FUND BOARD 282,029,405 31/7
GHL SYSTEMS 868,200 KUMPULAN WANG PERSARAAN 38,773,700 31/7
(DIPERBADANKAN)
HONG LEONG BANK 632,300 EMPLOYEES PROVIDENT FUND BOARD 262,381,621 31/7
IJM CORPORATION (528,900) AMANAHRAYA TRUSTEES 201,930,300 1/8
- SKIM AMANAH SAHAM BUMIPUTERA
INARI AMERTRON (842,500) KUMPULAN WANG PERSARAAN 189,177,150 31/7
(DIPERBADANKAN)
IOI CORPORATION (1,033,200) EMPLOYEES PROVIDENT FUND BOARD 587,654,173 31/7
KARYON INDUSTRIES 500,000 DR CHUA KEE LAM 20,609,543 3/8
LINGKARAN TRANS KOTA 547,600 AMANAHRAYA TRUSTEES 45,332,800 1/8
European Union imports of Russian gas
- SKIM AMANAH SAHAM BUMIPUTERA Now US sanctions will raise Russias cost to build two gas export pipelines key to its market
MALAYAN BANKING (80,000,000) AMANAHRAYA TRUSTEES 3,646,214,985 1/8
- SKIM AMANAH SAHAM BUMIPUTERA share in Europe, causing upheaval to its long-term growth strategy.
MALAYAN BANKING 80,000,000 PERMODALAN NASIONAL 763,370,502 1/8
MALAYAN BANKING (482,900) EMPLOYEES PROVIDENT FUND BOARD 1,270,278,592 31/7
MAXIS (838,500) EMPLOYEES PROVIDENT FUND BOARD 806,401,221 27 & 31/7
MISC (1,201,600) EMPLOYEES PROVIDENT FUND BOARD 280,095,672 21 & 24/7
PETRONAS GAS (500,000) EMPLOYEES PROVIDENT FUND BOARD 202,978,700 31/7
PUBLIC BANK 950,300 EMPLOYEES PROVIDENT FUND BOARD 472,388,700 31/7
QL RESOURCES 744,500 AMANAHRAYA TRUSTEES 64,774,000 1/8
- SKIM AMANAH SAHAM BUMIPUTERA
S P SETIA (986,600) EMPLOYEES PROVIDENT FUND BOARD 193,317,783 31/7
SAPURA ENERGY 3,000,000 EMPLOYEES PROVIDENT FUND BOARD 637,798,444 31/7
SAUDEE GROUP 350,000 KHOO LAY TATT 7,210,200 1/8
SEDANIA INNOVATOR (6,567,300) SEDANIA CORPORATION 119,315,592 1 & 2/8
SIME DARBY 68,536,018 AMANAHRAYA TRUSTEES 2,856,895,547 1/8
- SKIM AMANAH SAHAM BUMIPUTERA
SIME DARBY 4,520,500 EMPLOYEES PROVIDENT FUND BOARD 688,757,931 28 & 31/7
SIME DARBY (510,100) KUMPULAN WANG PERSARAAN 399,618,873 31/7
(DIPERBADANKAN)
SIME DARBY (68,536,018) PERMODALAN NASIONAL 343,397,392 1/8
SKP RESOURCES 2,087,800 KUMPULAN WANG PERSARAAN 65,718,500 31/7
(DIPERBADANKAN)
SKP RESOURCES 1,040,500 EMPLOYEES PROVIDENT FUND BOARD 65,921,900 31/7
SUNWAY REAL ESTATE 963,000 EMPLOYEES PROVIDENT FUND BOARD 389,386,700 31/7
INVESTMENT TRUST
TELEKOM MALAYSIA (2,318,600) EMPLOYEES PROVIDENT FUND BOARD 669,526,374 31/7
TELEKOM MALAYSIA 1,880,800 AMANAHRAYA TRUSTEES 449,000,000 1/8
- SKIM AMANAH SAHAM BUMIPUTERA
TIONG NAM LOGISTICS 433,500 EMPLOYEES PROVIDENT FUND BOARD 22,143,500 27/7
While every eort is made to ensure accuracy, the information presented is not an exhaustive list and is not an ocial record of shareholder
lings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the ocial lings led with
Bursa Malaysia. Note: * denotes Ace Market

Local events to watch out for today Stocks closest to year high Stocks closest to year low
STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
The Malaysian Biodiesel Association would PICKnGO, Malaysias latest taxi-booking (RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)

be organising the first Palm Biodiesel application, a collaboration between five PETRONM 9.850 9.570 9.760 632 ATLAN 4.340 4.000 4.300 454.4
Conference themed Coming Together major taxi providers New Supercab Sdn PETRONM-CD 0.460 0.355 0.430 36656.9 WCEHB-CB 0.045 0.040 0.040 111
UNISEM 4.110 3.850 4.080 2834.2 MHB 0.710 0.695 0.700 1019.8
and Moving Forward. Opening ceremony Bhd, Uptownace (M) Sdn Bhd, Damai JAYCORP 1.560 1.510 1.510 2245.5 MYEG-C17 0.080 0.075 0.080 1824.8
at Holiday Inn Kuala Lumpur Glenmarie, Kota Cab Sdn Bhd, Syarikat Pemilik HEVEA-WB 1.520 1.480 1.480 383.6 ARMADA-C28 0.065 0.065 0.065 50
Glenmarie Ballroom A, Jalan Usahawan dan Pemandu Teksi Bhd, Perniagaan TRC 0.795 0.770 0.790 18783.3 MARCO 0.145 0.140 0.145 1124
U1/8 Seksyen U1, Shah Alam from 8.30am Lima Sejati Sdn Bhd and international PLB 1.980 1.900 1.960 163.5 AIRASIA-HC 0.040 0.040 0.040 23
to 10am. partners, the app offers advanced and UNISEM-CU 0.290 0.240 0.280 959.8 MRCB-C21 0.065 0.055 0.055 1207.7
Eastern & Oriental Bhds extraordinary innovative booking features for a better VOIR 1.070 0.995 1.060 960 PRKCORP 1.630 1.530 1.620 13.5
UNISEM-CW 0.185 0.155 0.180 465.8 SP500-H8 0.190 0.190 0.190 44
general meeting at TPC Kuala Lumpur, taxi experience. Launching at Sunway REXIT 0.955 0.910 0.930 4732.3 MISC-C9 0.035 0.030 0.030 24
Banquet Hall, Level 1, Jalan 1/70 D, off Jalan Velocity Mall, Vanity Atrium, Lingkaran UNISEM-CY 0.210 0.170 0.200 177.5 MYEG-C20 0.085 0.085 0.085 94.1
Bukit Kiara, Bukit Kiara, Kuala Lumpur, at SV, Sunway Velocity, Kuala Lumpur from This table shows stocks that are trading near their year high. This This table shows stocks that are trading near their year low. This
10am. 11am to 12.45pm. could suggest a build-up in buying momentum, or the possibility that
prot-taking activities could set in later.
could suggest a build-up in selling momentum, or the possibility that
bargain hunting could set in later.

Foreign exchange rates

NZ EURO US SWISS BRIT CANADA BRUNEI SPORE AUST MSIA CHINA BANGLH DENMK UAE INA INDIA JAPAN NORWAY PHIL QATAR SAUDI SWEDEN THAI HK

NZ $ 0.629 0.741 0.721 0.568 0.937 1.008 1.008 0.935 3.1723 4.986 59.910 4.684 2.722 9,869 47.158 82.027 5.889 37.278 2.698 2.780 6.036 24.660 5.795
EURO 1.589 1.178 1.146 0.903 1.489 1.602 1.602 1.485 5.0406 7.923 95.194 7.442 4.325 15,681 74.931 130.336 9.357 59.233 4.287 4.417 9.590 39.183 9.208
US $ 1.349 0.849 0.973 0.767 1.264 1.360 1.361 1.261 4.2800 6.727 80.830 6.319 3.672 13,315 63.624 110.669 7.945 50.295 3.640 3.750 8.143 33.270 7.819
SWISS FR 1.387 0.873 1.028 0.788 1.300 1.398 1.399 1.296 4.4001 6.916 83.098 6.497 3.776 13,689 65.410 113.774 8.168 51.706 3.742 3.855 8.372 34.204 8.038
STERLING 1.760 1.108 1.305 1.269 1.649 1.774 1.775 1.645 5.5833 8.776 105.443 8.244 4.791 17,370 82.998 144.368 10.364 65.610 4.748 4.892 10.623 43.401 10.200
CANADA $ 1.067 0.672 0.791 0.769 0.606 1.076 1.076 0.997 3.3850 5.320 63.927 4.998 2.905 10,531 50.320 87.527 6.284 39.778 2.879 2.966 6.440 26.313 6.184
BRUNEI $ 0.992 0.624 0.735 0.715 0.564 0.930 1.000 0.927 3.1471 4.947 59.435 4.647 2.700 9,791 46.783 81.375 5.842 36.982 2.677 2.757 5.988 24.464 5.749
SINGAPORE $ 0.992 0.624 0.735 0.715 0.563 0.929 1.000 0.927 3.1457 4.944 59.408 4.645 2.699 9,786 46.762 81.339 5.839 36.966 2.675 2.756 5.985 24.453 5.747
AUSTRALIA $ 1.070 0.673 0.793 0.771 0.608 1.003 1.079 1.079 3.3945 5.335 64.107 5.012 2.913 10,560 50.461 87.772 6.301 39.889 2.887 2.974 6.458 26.387 6.201
MALAYSIA RM 0.315 0.198 0.234 0.227 0.179 0.295 0.318 0.318 0.295 1.0000 1.572 18.886 1.476 0.858 3,111 14.865 25.857 1.856 11.751 0.850 0.876 1.903 7.773 1.827
100 CHINESE RMB 20.055 12.622 14.865 14.459 11.395 18.795 20.216 20.225 18.743 63.6220 1,202 93.938 54.592 197,928 945.771 1,645 118.103 747.632 54.108 55.745 121.046 494.559 116.227
100 BANGLADH TAKA 1.669 1.050 1.237 1.203 0.948 1.564 1.683 1.683 1.560 5.2951 8.323 7.818 4.543 16,473 78.714 136.915 9.829 62.223 4.503 4.639 10.074 41.161 9.673
100 DANISH KRONER 21.350 13.436 15.824 15.392 12.130 20.008 21.521 21.530 19.952 67.7280 106.45 1,279 58.115 210,702 1,006.81 1,751 125.72 795.88 57.60 59.34 128.86 526.48 123.73
100 UAE DIRHAM 36.737 23.121 27.229 26.486 20.873 34.429 37.032 37.048 34.333 116.5419 183.18 2,201 172.07 362,562 1,732 3,013 216.34 1,370 99.12 102.11 221.73 905.93 212.90
1000 INA RUPIAH 0.010 0.006 0.008 0.007 0.006 0.009 0.010 0.010 0.009 0.0321 0.051 0.607 0.047 0.028 0.478 0.831 0.060 0.378 0.027 0.028 0.061 0.250 0.059
100 INDIA RUPEE 2.121 1.335 1.572 1.529 1.205 1.987 2.138 2.138 1.982 6.7270 10.573 127.043 9.932 5.772 20,928 173.941 12.487 79.050 5.721 5.894 12.799 52.292 12.289
100 JAPAN YEN 1.219 0.767 0.904 0.879 0.693 1.143 1.229 1.229 1.139 3.8674 6.079 73.038 5.710 3.318 12,031 57.491 7.179 45.446 3.289 3.389 7.358 30.063 7.065
100 NORWEGIAN KRONER 16.981 10.687 12.586 12.243 9.648 15.914 17.117 17.125 15.870 53.8700 84.672 1,017 79.539 46.224 167,590 800.803 1,393 633.035 45.815 47.200 102.492 418.753 98.412
100 PHILIPPINE PESO 2.683 1.688 1.988 1.934 1.524 2.514 2.704 2.705 2.507 8.5098 13.376 160.712 12.565 7.302 26,474 126.502 220.039 15.797 7.237 7.456 16.191 66.150 15.546
100 QATAR RIYAL 37.065 23.327 27.473 26.723 21.060 34.736 37.362 37.379 34.639 117.5824 184.814 2,221 173.610 100.893 365,799 1,748 3,040 218.271 1,382 103.025 223.711 914.014 214.805
100 SAUDI RIYAL 35.977 22.642 26.666 25.938 20.441 33.716 36.265 36.281 33.622 114.1303 179.388 2,155 168.513 97.931 355,059 1,697 2,951 211.862 1,341 97.064 217.143 887.179 208.498
100 SWEDISH KRONOR 16.568 10.427 12.280 11.945 9.414 15.527 16.701 16.709 15.484 52.5600 82.613 992.622 77.605 45.100 163,514 781.329 1,359 97.568 617.641 44.701 46.053 408.569 96.019
100 THAI BAHT 4.055 2.552 3.006 2.924 2.304 3.800 4.088 4.090 3.790 12.8644 20.220 242.951 18.994 11.038 40,021 191.235 332.637 23.880 151.172 10.941 11.272 24.476 23.501
100 HK$ 17.255 10.860 12.790 12.440 9.804 16.171 17.394 17.401 16.126 54.7392 86.038 1,033.777 80.822 46.970 170,294 813.724 1,415 101.614 643.249 46.554 47.962 104.146 425.509
Note: Run your nger down the left-hand side until you reach the country of origin you plan to exchange. Then move your nger until that line intersects with the vertical column of the currency you wish to buy. The gure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
MONDAY AU G U S T 7, 20 17 T H EED G E FINA NCIA L DA ILY
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES

Index futures Money market

Long Rolls - KLCI futures US Dollar Klibor
FKLI
Index points Open Interest Index points USD Index Implied interest rate (%)
105.0
1980 90000 18.00 0.00 93.542 4.5
1,775.00 (-0.50) (+0.703)
(+6.00) 3.49
1785 4.75 96.5 (Unch)
68000
3.5

1590 46000 -8.50 88.0

2.5
1395 24000 -21.75 79.5

1200 2000 -35.00 71.0 1.5

Jan 4, 2010 Aug 4, 2017 Jan 4, 2010 Aug 4, 2017 Oct 2, 2006 Aug 4, 2017 Oct 1, 2000 Aug 4, 2017

FBM KLCI futures end higher FBM KLCI futures US dollar surges on US job Klibor
on renewed buying interest INDEX AND FUTURES
CONTRACT LAST CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
data, Cohn comments MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures contracton Bursa FBMKLCI 1,774.53 2.63 70.09M The US dollar was set for its biggest one-day AUG7 96.54
SEP7 96.53
Malaysia Derivatives ended higher last Friday AUG 17 1,775.00 6.00 2,399 28,364 -84 gain against a basket of major currencies OCT7 96.51
SEP 17 1,774.50 4.50 75 514 29
on renewed buying interest. so far this year after a strong US July payroll DEC7 96.48
DEC 17 1,774.50 3.50 22 237 5
August 2017 rose six points to 1,775; MAR 18 1,772.50 5.00 3 7 0
report and comments from National MAR8 96.48
September 2017 went up 4.5 points to 1,774.5; TOTAL Economic Council director Gary Cohn JUN8 96.48
2,499 29,122 -50
SEP8 96.48
December 2017 increased 3.5 points to about lowering the US corporate tax rate. DEC8 96.48
1,774.5and March 2018 gained fivepoints FUTURES ROLL OVER BID OFFER CLOSE The US dollar index, which measures the MAR9 96.48
AUG/SEP 0.5 -0.5 0.0
to 1,772.5. greenback against six major rivals, jumped JUN9 96.48
Turnover eased to 2,499 lots from 3,442 FUTURES FAIR VALUE about 1% to a one-week high of 93.774 SEP9 96.48
DEC9 96.48
lots last Thursday, while open interest fell CONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE after the US Labor Department said non- MAR0 96.48
to 29,122 contracts from 30,059 contracts. AUG 17
SEP 17
27
57
4.01
8.64
4.63
12.19
-0.62
-3.55
farm payrolls increased by 209,000 jobs last JUN0 96.48
T h e u n d e r l y i n g b e n c h m a r k ROLLS FAIR -2.93
month and Cohns comments. It was last SEP0 96.48
FBMKLCIrose 2.63points to 1,774.53. up 0.7% at 93.529. DEC0 96.48
MAR1 96.48
The FBM KLCI futures contracts are Cohn told Bloomberg TV last Friday that
JUN1 96.48
expected to be firmer this week, tracking the 35% US corporate tax rate should be more SEP1 96.48
the performance of the underlying cash in line with the 24% average rate among DEC1 96.48
market, a dealer said. announcement of strong trade surplus for other countries in the Organization for MAR2 96.48
The dealer said the sentiment in the cash June 2017 as well as a recovery in commodity Economic Cooperation and Development. JUN2 96.48
TOTAL 0 0
market was bullish with support from the prices. Bernama Reuters

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

CPO & Open Interest CPO vs Soyoil Crude Oil Gold

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

3450 152500 5075 0.3375 0.525 121.25 1660

(RM3,182/tonne) 1,260.20
(-10.00)
2700 105000 3750 0.350 87.50 1340
49.50
(+0.55)
1950 53.75 1020
2,606 57500 2425 0.175
(+2) 2,606
1200 10000 (+2) 20.00 700
1100 0.000
Jan 6, 2008 Aug 4, 2017 Apr 10, 2007 Aug 4, 2017 Aug 31, 2008 Aug 4, 2017
Jan 6, 2008 Aug 4, 2017

Palm oil recovers from CPO futures Oil prices rise on strong Commodities

1-week low on exports CONTRACT

AUG-17
LAST
2,590
CHANGE
2
VOLUME
73
OPEN CHANGE IN
INTEREST OPEN INTEREST
2,772 -300
US jobs data report AGRICULTURE
CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
2,606 4
RUBBER SEN/KG MRB 621.50 1.50
SEP-17 2,601 6 1,910 21,327 -817
Malaysian palm oil futures recovered from Oil prices rose last Friday after a strong US CORN USC/BSH CBOT 366.50 3.00
OCT-17 2,606 2 16,781 56,380 -1,966
SOYBEANS USC/BSH CBOT 949.25 -1.25
their lowest in 1 weeks last Friday to trade NOV-17 2,615 1 6,585 41,509 1,084 job report bolstered hopes for growing energy
WHEAT USC/BSH CBOT 454.75 -3.00
slightly higher in the evening, underpinned DEC-17 2,633 -2 3,809 17,782 53 demand, but crude prices declined for the LIVE CATTLE USC/IBS CME 114.100 -0.725
by improving export demand. CPO FUTURES CPO/SOYOIL week, pressured by rising Opec exports and COCOA US$/TON NYBOT 2,037 -49
The benchmark palm oil contract INDICATIVE ROLL-OVER CURRENT FUTURES BASIS (USD) strong US output. COFFEE USC/IBS NYBOT 143.75 -0.05
AUG/SEP -11 -74.29
for October delivery on Bursa Malaysia AUG/OCT -16 3 MONTHS AVERAGE -96.51
US employers hired more workers than SUGAR USC/IBS NYBOT 14.87 -0.18
Derivatives rose 0.2% or RM2 to RM2,606 AUG/NOV expected in July and raised their wages, the COTTON USC/IBS NYC 70.07 0.36
-25 6 MONTHS AVERAGE -90.50
at the close of trade. SEP/OCT -5 US Labor Department reported. METAL & PRECIOUS METALS
TIN US$/TON KLTM 20,650 150
Earlier in the session, palm touched SGS & ITS EXPORT ESTIMATES (TONNES) Global benchmark Brent futures gained COPPER USC/IBS CMX 2.8925 0.0075
RM2,598, its lowest since July 25. It is down SHIPMENT DAYS MAY17 JUN17 JUL17 41 US cents or 0.8% to settle at US$52.42 a GOLD US$/TROY OZ CMX 1,260.20 -10.00
1.8% for the week, its first weekly fall in five 1 - 10TH DAYS 359/347 367/367 381/360 barrel, while US West Texas Intermediate PLATINUM US$/TROY OZ NYMEX 969.00 4.40
1 - 15TH DAYS 613/618 524/509 616/599
weeks. crude rose 55 US cents or 1.1% to settle at PALLADIUM US$/TROY OZ NYMEX 869.10 -5.70
Traded volumes stood at 33,306 lots of 11 -- 20TH DAYS
25TH DAYS
853/847
1,007/1,007
710/721 818/797
996/986 1,044/1,017
US$49.58. SILVER USC/TROY OZ CMX 16.25 -0.38
25 tonnes each last Friday evening. Oil prices were supported by good news ALUMINIUM RMB/TON SHF 14,825 70
FULL MONTH 1,310/1,306 1,210/1,190 1,260/1,239
ZINC RMB/TON SHF 23,495 125
The market was quiet last Friday, but MALAYSIAN PALM OIL BOARD this morning (last Friday) on the US job
there was good buying from India and China, MAR17 APR17 MAY17 JUN17 front, said Andrew Lipow, president of Lipow ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 49.58 0.55
said a trader on why prices had some support. PRODUCTION 1,464 1,548 1,655 1,514 Oil Associates in Houston, noting gasoline HEATING OIL USC/GAL NYMEX 1.6526 0.0097
EXPORT 1,554 1,283 1,506 1,379
Exports for August might be good. STOCKS 1,266 1,600 1,558 1,527
and diesel demand also remained strong. NATURAL GAS US$/MMBTU NYMEX 2.817 -0.027
However, there are expectations of a rise Crude futures had been lower before the BRENT CRUDE US$/BBL ICE 52.42 0.41
MPOB Palm oil physical
in output, in line with the seasonal trend and job report spurred buying. Reuters GAS OIL US$/TON ICE 488.50 -4.50
as the lingering effects of a crop-damaging (IN RM/TON) AUG17 SEP17 OCT17
CPO DELD 2,450 2,430 2,400 Centrifuged Latex
El Nino fade. PK EX-MILL 2,640 2,630 2,620 Rubber - Msia SMR 20
A Reuters poll of nine traders, planters CPKO DELD 5,473 5,374 5,357 Sen/Kg
Sen/Kg
and analysts forecast that Malaysian output RBD P.OIL FOB 2,592 2,572 2,471 1100 1900
will rise 11% to 1.68 million tonnes, leading RBD P.OLEIN FOB 2,632 2,580 2,531
502.50
to gains in inventory levels by 6.5% to 1.63 RBD P. STEARIN FOB 2,531 2,511 2,451 900 (+3.00) 1475
million tonnes. MPOB FFB REF PRICE (MILL GATE PRICE) 621.50
Exports are seen edging up 4% to 1.43 REGION GRADE A GRADE B GRADE C 700 1050
(+1.50)
OER (RM/TON) OER(RM/TON) OER (RM/TON)
million tonnes, according to the survey. NORTH 20.00% 425 19.00% 405 18.00% 385
Cargo surveyor data also showed that SOUTH 20.00% 434 19.00% 414 18.00% 393
500 625
Malaysian shipments for July rose 4.1%, CENTRAL 20.00% 433 19.00% 413 18.00% 393
supported by stronger demand from China EAST COAST 20.00% 427 19.00% 407 18.00% 387 300 200
SABAH 22.00% 413 21.00% 395 20.00% 377 Jan 7, 2007 Aug 4, 2017 Jan 7, 2007 Aug 4, 2017
and Europe. Reuters SARAWAK 22.00% 420 21.00% 401 20.00% 382
 Markets
32 M ON DAY AU G U ST 7, 2 0 17 TH EEDGE FI N AN C I AL DAI LY

F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1
YOUR DAILY FINANCIAL MARKET S ROUNDUP I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 0
G L O BA L M A R K E T S PA G E 2 9
RESEARCH: TAI TS [tai@bizedge.com; SUGUMARAN [sagu@bizedge.com] M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 2 5

KLCI 1,774.53 2.63 FBM ACE 6,576.41 51.53 FTSTI 3,326.52 16.40 NIKKEI 19,952.33 76.93 HANG SENG 27,562.68 31.67 DOW JONES 22,092.81 66.71

It is not the mountain that we conquer but Market movers

ourselves. Edmund Hillary
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 FRONTKN 40,212.0 0.010 2.50 0.410 15.87 0.00
('000) (%) (RM) (RM) (RM) (RM) PETRONM-CD 36,656.9 0.030 7.50 0.430 0.00
Index point 1,775.00
1776.0 JOHAN 32,652 11.48 0.035 0.340 0.345 0.305 JOHAN 32,651.8 0.035 11.48 0.340 0.00
(+6.00)
1775.2 ANZO 25,081 0.00 0.000 0.105 0.105 0.095 MTOUCHE 25,666.2 0.015 3.53 0.440 386.36 0.00
1774.4 EVERGRN 24,945 -6.15 -0.055 0.840 0.920 0.840 GLOTEC 25,488.3 UNCH UNCH 0.055 0.00
1773.6 KLCI futures JCY-C2 19,145 14.29 0.005 0.040 0.045 0.035 ANZO 25,081.1 UNCH UNCH 0.105 0.00
1,774.53 TRC 18,783 3.95 0.030 0.790 0.795 0.770 EVERGRN 24,944.5 -0.055 -6.15 0.840 12.03 2.23
1772.8 (+2.63)
ATTA-LA 16,473 14.29 0.020 0.160 0.165 0.135 MPAY 21,195.5 UNCH UNCH 0.275 0.00
1772.0
MALAKOF 13,015 0.00 0.000 1.020 1.050 1.010 JCY-C2 19,145.3 UNCH UNCH 0.040 0.00
1771.2
LUSTER 12,240 -4.17 -0.005 0.115 0.120 0.115 TRC 18,783.3 0.030 3.95 0.790 9.44 2.50
1770.4 KL Composite Index
HSSEB 9,143 7.03 0.065 0.990 0.995 0.920 AAX 18,366.2 -0.010 -2.56 0.380 39.80 0.00
1769.6 MJPERAK 6,134 10.47 0.045 0.475 0.500 0.420 ATTA-LA 16,472.9 0.020 14.29 0.160 0.00
1768.8 JCY 5,043 4.39 0.025 0.595 0.600 0.570 MLAB 15,991.0 -0.005 -3.23 0.150 0.00
1768.0 FGV-C30 4,928 4.55 0.005 0.115 0.120 0.110 KRONO 15,907.4 0.035 4.29 0.850 20.43 0.00
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15
REXIT 4,732 3.33 0.030 0.930 0.955 0.910 BORNOIL 15,193.0 UNCH UNCH 0.105 11.41 0.00
EDUSPEC 4,713 11.11 0.015 0.150 0.150 0.140 JAG 14,845.0 -0.005 -3.33 0.145 27.27 0.00
Daily FBM KLCI FAJAR 4,534 2.69 0.025 0.955 0.965 0.940 HENGYUAN-CA 14,625.1 -0.015 -2.17 0.675 0.00
DGB-WA 3,943 0.00 0.000 0.010 0.010 0.010 DNEX-WD 14,587.2 -0.005 -1.82 0.270 0.00
KL Composite Index Moving average - 20-day SYSTECH 14,573.6 -0.005 -1.20 0.410 48.82 0.72
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
2030.0 1,774.53 DNEX 14,414.5 UNCH UNCH 0.560 3.91 0.89
traded for a particular counter on the previous trading day is more than triple the average volume for the
(+2.63) last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
market expectations for these counters. Top gainers and losers (ranked by RM)
1727.5
UP
1425.0
1,761.55
FBM KLCI higher on HLB CLOSE
CHANGE
(RM)
DOWN
CLOSE
CHANGE
(RM)

spike ahead of US jobs report DIN040000223

AJI
99.000
25.980
1.790
0.480
KESM
BAT
15.120
44.660
-0.380
-0.220
1122.5 HLBANK 16.000 0.340 PETDAG 23.800 -0.220
PETRONM 9.760 0.270 NESTLE 83.800 -0.200
KUALA LUMPUR: The FBM KLCI rose 2.63 points or 0.1% to UNISEM 4.080 0.270 AEONCR 13.420 -0.180
820.0 1,774.53 last Friday mainly on index-linked Hong Leong Bank TASEK 13.000 0.200 GENP-WA 2.840 -0.160
Jan 2, 2008 Aug 4, 2017 Bhd (HLB) and Public Bank Bhd (PBB) shares 11th-hour HENGYUAN 7.970 0.190 KOSSAN 7.120 -0.160
spike and as investors waited for the US employment report. ENRA 2.950 0.180 HEIM 18.000 -0.120
900
At closing bell, HLB shares had risen 34 sen to RM16, PBBANK 20.760 0.160 ATLAN 4.300 -0.120
HARTA 7.130 0.160 SUIWAH 2.810 -0.120
while PBB added 16 sen to RM20.76.
600 KIMLUN 2.380 0.130 WARISAN 1.990 -0.110
HLB and PBB were Bursa Malaysias third and ninth JHM 3.080 0.120 CARLSBG 14.900 -0.100
300 largest gainers respectively. The FBM KLCI had also risen
on Petronas Gas Bhd share gains. Top gainers and losers (ranked by percentage)
0
Despite the FBM KLCIs gain, Bursa Malaysia decliners

Volume (mil)
outnumbered gainers at 397 to 361 respectively. Bursa UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
Malaysias trading volume stood at 1.42 billion shares worth
FBM KLCI futures RM1.47 billion. XINGHE-WA 0.010 100.00 MRCB-C21 0.055 -63.33

CONTRACT SETTLEMENT CHANGE HIGH LOW

On the broader market, sentiment is still weak as SENERGYC42 0.010 100.00 MALAKOF-C2 0.075 -50.00
UNISEM-CW 0.180 56.52 AEON-CH 0.005 -50.00
AUG 17 1,775.00 6.00 1,775.50 1,767.50 investors continue to book profits from the rally in the stock UNISEM-CY 0.200 48.15 MISC-C9 0.030 -40.00
SEP 17 1,774.50 4.50 1,775.50 1,769.50 market which was seen since December, Malacca Securities UNISEM-CX 0.180 38.46 NEXGRAM-WB 0.010 -33.33
DEC 17 1,774.50 3.50 1,775.00 1,769.00
Sdn Bhd analyst Kenneth Leong told theedgemarkets.com. UNISEM-CV 0.340 28.30 FBMKLCI-H2W 0.010 -33.33
Investors are also anticipating positive US employment HUBLINE-WB 0.025 25.00 SP500-H8 0.190 -33.33
FBM KLCI sensitivity* statistics, which is scheduled to be released later today (last UNISEM-CU 0.280 24.44 MAXIS-CY 0.010 -33.33
AIRASIAC57 0.180 24.14 MRCB-C16 0.015 -25.00
KLCI CHANGE CLOSE VOLUME Friday), Leong said.
POINTS (RM) (RM) ('000) HEKTAR-TR 0.105 23.53 MAXWELL 0.015 -25.00
HONG LEONG BANK 1.22 0.340 16.000 459.1
Across Asian share markets, Japans Nikkei 225 fell 0.38%, TAGB-CD 0.060 20.00 MMCCORP-C6 0.090 -21.74
PUBLIC BANK 1.03 0.160 20.760 2661.3 while South Koreas Kospi rose 0.36%. MALAKOF-CZ 0.030 20.00 AT-WB 0.020 -20.00
IHH HEALTHCARE 0.54 0.040 6.000 323.4 Reuters reported that Asian stocks inched up last Friday
PETRONAS CHEMICAL 0.53 0.040 7.010 4749.5 after a technology-led drop on Wall Street, with gains Top gainers and losers - warrants (ranked by percentage)
YTL CORPORATION 0.36 0.020 1.420 4677.3 kept in check by investors reluctance to stake out fresh
CIMB GROUP 0.30 0.020 6.620 12681.2 UP CHANGE DOWN CHANGE
PETRONAS GAS 0.26 0.080 18.700 218.4
positions ahead of US job data later in the global day. CLOSE (%) CLOSE (%)
MISC 0.22 0.030 7.400 826.5 by Wong Ee Lin XINGHE-WA 0.010 100.00 MRCB-C21 0.055 -63.33
HAP SENG CONSOLIDATED 0.21 0.050 9.100 77.7
World equity indices SENERGYC42 0.010 100.00 MALAKOF-C2 0.075 -50.00
MAYBANK 0.17 0.010 9.650 10850.0 UNISEM-CW 0.180 56.52 AEON-CH 0.005 -50.00
DIGI.COM -0.13 -0.010 4.810 1648.5 CLOSE CHANGE CLOSE CHANGE UNISEM-CY 0.200 48.15 MISC-C9 0.030 -40.00
AXIATA GROUP -0.15 -0.010 4.790 3150.6
DOW JONES 22,092.81 66.71 INDONESIA 5,777.48 -3.09 UNISEM-CX 0.180 38.46 NEXGRAM-WB 0.010 -33.33
TENAGA NASIONAL BERHAD -0.19 -0.020 14.160 6643.0
S&P 500 2,476.83 4.67 JAPAN 19,952.33 -76.93 UNISEM-CV 0.340 28.30 FBMKLCI-H2W 0.010 -33.33
PETRONAS DAGANG -0.36 -0.220 23.800 382.2
NASDAQ 100 5,899.91 8.71 KOREA 2,395.45 8.60 HUBLINE-WB 0.025 25.00 SP500-H8 0.190 -33.33
GENTING MALAYSIA -0.49 -0.050 6.050 2365.0
FTSE 100 7,511.71 36.94 PHILIPPINES 7,932.82 56.16 UNISEM-CU 0.280 24.44 MAXIS-CY 0.010 -33.33
AMMB HOLDINGS -0.55 -0.110 4.870 787.3
AUSTRALIA 5,720.58 -14.54 SINGAPORE 3,326.52 -16.40 AIRASIAC57 0.180 24.14 MRCB-C16 0.015 -25.00
SUB-TOTAL 2.98
CHINA 3,262.08 -10.85 TAIWAN 10,506.56 36.68 HEKTAR-TR 0.105 23.53 MMCCORP-C6 0.090 -21.74
OTHERS -0.35
HONG KONG 27,562.68 31.67 THAILAND 1,578.26 0.01 TAGB-CD 0.060 20.00 AT-WB 0.020 -20.00
GRAND TOTAL 2.63
INDIA 32,325.41 87.53 VIETNAM 788.68 0.19 MALAKOF-CZ 0.030 20.00 NEXGRAM-WA 0.020 -20.00
* How stock price changes affected the index on the previous trading day

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