THURSDAY SEPTEMBER 28, 2017 ISSUE 2500/2017 …tefd.theedgemarkets.com/2017/TEP/20170928vx2yu8.pdf · Works by Ahmad Shukri Mohamed — from 2010 to 2017 at Th e Edge Galerie preview

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4 H O M E B U S I N E S S




1 0 P R O P E R T Y

Taiwan opposition party short of cash

Hoping ‘the worst is over’, Glomac revs up launch plans

Mercedes-Benz Malaysia unveils ‘the most powerful E-Class of all time’

Superlon shares plummet after disappointing 1Q results

Malaysia cuts 2020 timber export target by as much as 53%

Mandarin Oriental’s missed opportunity

We are working hard to bring the airline to a competitive cost position, says CEO. Supriya Surendran has the story on Page 3.

Malaysia Airlines to lease SIX WIDE-BODY PLANES

Tycoon Robert Tan sells 51% stake in Goh Ban Huat for RM145.7m6 H O M E B U S I N E S S

AIRBUS






Mercedes-BenzMalaysia unveils ‘the most powerfulE-Class of all time’


Malaysia cuts 2020 timber export target

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1 0 P R O P E R T Y

Taiwan opposition party short of cash


Mercedes-Benz Malaysia unveils ‘the most powerful E-Class of all time’


Malaysia cuts 2020 timber export target by as much as 53%

Mandarin Oriental’s missed opportunity

We are working hard to bring the airline to a competitive cost position, says CEO. Supriya Surendran has the story on Page 3.

Malaysia Airlines to lease SIX WIDE-BODY PLANES

Tycoon Robert Tan sells 51% stake in Goh Ban Huat for RM145.7m6 H O M E B U S I N E S S

AIRBUS

2 THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

For breaking news updates go towww.theedgemarkets.com

O N E D G E T V


BY A D E L A L I N & S A M S O N E L L I S

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TAIPEI: Taiwan’s opposition Kuo-mintang (KMT) — once the world’s richest political party — is calling for donors to come to the rescue as a government investigation leaves it struggling to pay the bills.

Th e party, which lost control of both the presidency and legislature last year after decades in power, was soliciting funds to pay its rough-ly 300 staff members this month, spokesman Hung Mong-kai said yesterday. Th e party’s monthly per-sonnel costs were about NT$30 mil-lion (RM4.18 million), Hung said.

Some KMT accounts have been frozen as part of a government in-vestigation into the party’s assets that was launched after Taiwan-ese President Tsai Ing-wen and her Democratic Progressive Party (DPP) swept to power last year.

Th e probe is trying to determine whether the former ruling party im-properly acquired public assets dur-ing more than six decades in control, including 38 years of martial law.

Th e party’s wage troubles were reported on Tuesday by the Tai-pei-based Liberty Times.

Th e dispute could hamper the KMT’s ability to pick up DPP seats in local elections next year, a cru-cial step to regaining power. Th at could have broader implications for

Taiwan party now short of cashOnce worth billions, KMT raising money to pay staff salaries

Taiwan’s relationship with China, which considers the island a prov-ince and has refused to establish ties with the pro-independence DPP.

Th e KMT, or Nationalist Party, blurred the lines between party and government after its leader Chiang Kai-shek fl ed to Taipei at the end of his unsuccessful civil war with Mao Zedong’s communists. Its four decades of authoritarian rule saw political opponents suppressed and assets confi scated during a period known as the White Terror.

Th e party also invested in vari-ous industries through its company, Central Investment Holding Co. Th e KMT’s current assets were valued at around US$550 million (RM2.32

billion) last year, down from nearly US$3 billion in the 1990s.

At the centre of the government’s investigation is Central Investment. Th e government’s Ill-gotten Party Assets Settlement Committee is examining whether there was viola-tion of rules limiting parties’ fund-ing to sources such as donations, membership fees and subsidies. A spokesman for the committee didn’t immediately return calls for comments yesterday.

“Th e Ill-Gotten Asset Commit-tee’s actions are unconstitutional,” Hung said. “It is targeted solely at the KMT, which obtained these assets decades ago amid historic devel-opments at the time.” — Bloomberg

Ahmad Shukri showcases 23 works

KUALA LUMPUR: Having prac-tised art professionally for over two decades, local contemporary artist Ahmad Shukri Mohamed, 48, is showcasing 23 works in his eighth solo exhibition, Made in Malaysia: Works by Ahmad Shukri Mohamed — from 2010 to 2017 at Th e Edge Galerie preview.

Prominent collectors and art lov-ers who came for the preview last night included Ireka Corp Bhd group managing director Datuk Lai Voon Hon, former prime minister Tun Dr Mahathir Mohamad’s daughter Datin Paduka Marina Mahathir, and her husband Tara Sosrowardoyo.

Th e exhibition, his eight solo since 1998, comprises four series spanning a seven-year period, namely, Post-cards from Malaya, Made in Malay-sia, Golden Gate and Text. Th e 23 mixed-media works range in price from RM13,500 to RM150,000 each.

Responding to issues on the en-vironment, Malaysia’s history and current aff airs, Ahmad Shukri’s lat-est body of work comprises a set of 12 colonial period postcard imag-es transferred onto wood in Post-cards from Malaya; nine watercolour

(From left) The Edge Galerie managing director Au Foong Yee, Lai, Marina, Ahmad Shukri, Umibaizurah Mahir, Tara, Adam Lais Ahmad Shukri and The Edge Galerie general manager Johnni Wong at the preview of Ahmad Shukri’s exhibition yesterday.

KUALA LUMPUR: PRG Holdings Bhd has teamed up with Syarikat Perumahan Negara Bhd (SPNB) to jointly develop RM5 billion worth of aff ordable housing development projects.

In a statement yesterday, PRG said that the projects will be under-taken by newly formed joint-venture company Premier Aspirasi Develop-ment Sdn Bhd, where SPNB Aspirasi Sdn Bhd, a unit of SPNB, will hold a 51% stake and PRG’s wholly-owned unit, Premier JPC Sdn Bhd, the re-maining 49%.

PRG group managing director Datuk Lua Choon Hann said the de-fi nitive agreement is another mean-ingful step towards growing the com-pany, and demonstrates its focus on diversifying its income stream.

“When we were planning our business strategies earlier this year, our highest priority was to reshape our portfolio to accelerate growth. Th is collaboration will drive trans-formation growth for PRG and val-ue creation for our shareholders,” he added.

PRG, SPNB team up for RM5b worth of housing projects

paintings of images from newspaper clippings in the series, Made in Ma-laysia; rainforest compositions in the Golden Gate series; and text-and-colour paintings in the Text series.

“Made in Malaysia is not about the Malaysian culture. Not in the sense of cultural commodity or things being made locally, but to illustrate the economic, social and

political developments that have occurred in Malaysia since inde-pendence and how the country is projecting itself on the global front.”

Supported by property develop-er, Matrix Concepts, the exhibition is being held at Th e Edge Galerie in Mont Kiara from today to Oct 13. Log on to www.theedgegalerie.com for details.

KUALA LUMPUR: Astro Malaysia Holdings Bhd said it faces “no fi -nancial or operational impact” from the termination of an agreement with Measat Satellites Systems Sdn Bhd (MSS) to supply transponder capacity for Measat-3c satellites.

Astro said the agreement — inked between its wholly-owned unit Mea-sat Broadcast Network Systems Sdn Bhd (MBNS) and MSS in May 2013 — was terminated by MSS through a no-fault terminating event, and that no penalties are due under the event.

Under the agreement, MBNS was to utilise the transponder ca-pacity of six Ku-band to MSS in tranches for a fee of US$166.4 mil-lion (RM497.5 million at the time). Th e agreement was for a period of 15 years, beginning with the ex-pected launch of M3c satellites in the third quarter of 2015.

“The satellites M3c did not launch by Nov 15, 2016,” said As-tro in a fi ling with Bursa Malaysia yesterday. “Following that, MSS had terminated its satellite agreements to procure M3c.”

Astro said the termination has no impact “as suffi cient capacity and redundancy is available across its existing leased transponders from current satellites, especially as technology advancement has enabled effi cient utilisation of ex-isting transponders”.

Additionally, it said that MBNS is in discussions for additional sat-ellite or transponder capacity re-quired for the longer term.

Astro’s share price closed two sen or 0.71% higher at RM2.84, giv-ing the broadcast company a mar-ket capitalisation of RM14.8 billion.

‘No impact from termination of transponder deal’

BY C H E N G K A R S E N G

H O M E B U S I N E S S 3THURSDAY SEPTEMBER 28, 2017 • THEED G E FINANCIAL DAILY

Malaysia Airlines to lease six wide-body planes ‘We are working hard to bring airline to competitive cost position’

BY S U P R I YA S U R E N D R A N

BY S U P R I YA S U R E N D R A N

KUALA LUMPUR: Yinson Holdings Bhd’s quarterly net profi t grew 38.5% year-on-year (y-o-y) in its second quarter ended July 31 (2Q), thanks to the chartering commencement of its fl oating production, storage and offl oading (FPSO) vessel John Agye-kum Kufuor (JAK) in Ghana under its marine business in June.

Quarterly net profi t rose to RM83.6 million from RM60.36 million in the

Yinson’s 2Q net profi t up 38.5% on FPSO John Agyekum Kufuor’s contributionBY A D A M A Z I Z second quarter of fi nancial year 2017

(2QFY17), while revenue jumped 89.8% to RM217.23 million from RM114.45 million, its Bursa Malay-sia fi ling yesterday showed.

Earning per share grew to 7.68 sen against 5.54 sen in the same quarter last year. Th e company declared a 4 sen interim dividend in respect of its FY18, payable on Dec 22.

For the fi rst half of its fi nancial year ended July 31 (1HFY18), Yin-son’s net profi t jumped 73.9% y-o-y

to RM143.88 million from RM82.74 million, as revenue improved 69.5% to RM389.64 million from RM229.84 million.

It said the earnings improvement in the 1HFY18 was mainly due to better profi t contribution on higher recorded revenue from its marine business, and lower impairment loss on trade and other receivables of RM10.84 million.

Th e marine buiness has been Yin-son’s core contributor since it be-

came a full-fl edged FPSO operator.It said the short- to medium-term

prospects for the oil and gas sector remains challenging amid oversup-ply, emergence of alternative energy sources and fi nancial institutions’ risk appetite towards the sector.

“Overall global economic condi-tions remain challenging, with high-er downside risks. Moving forward, global economic activity is expected to remain subdued despite unprec-edented easing of monetary condi-

tions in major economies.“Amid the challenging global eco-

nomic environment and the volatil-ity of other currencies against [the] US dollar, the group shall strive to achieve satisfactory results for the fi nancial year ending Jan 31, 2018,” it added.

Yinson shares slid 0.85% or three sen to close at RM3.48 yesterday, giving it a market capitalisation of RM3.79 billion. Year to date, the stock has climbed 20.42%.

KUALA LUMPUR: Malaysia Airlines Bhd is leasing six second-hand Airbus A330-200s from AerCap Holdings NV, as it seeks to bring in wide-body planes to replace its ageing single-aisle jets.

“As laid out in the ongoing fi ve-year MAS Recovery Plan, we are working hard to bring the airline to a competitive cost position. We also want to rebuild Malaysia Air-lines so [that] we can reassume our previous premier position in the industry,” chief executive offi cer Peter Bellew told a news conference yesterday to update the national carrier’s turnaround plan that be-gan in September 2014.

“As I have communicated, we have an immediate need for wide-body aircraft to off er more lie-fl at beds in business class on our fl ights over three hours. Malaysia Airlines has done an opportunistic deal on super aircraft from a failed Euro-pean carrier. I am grateful to Aer-Cap for its speed in working with Malaysia Airlines to help rebuild our premium business,” he said.

Th e six planes were once part of the now-bankrupt Air Berlin fl eet.

Yesterday, Malaysia Airlines inked a letter of intent with Dub-lin-based aircraft leasing firm AerCap for the lease of the six A330-200s, as replacement for six narrow-body Boeing 737s that are being returned to lessors.

Th e A330-200s, which are ex-pected to begin arriving from Feb-ruary 2018, will be leased for six years from 2018 through 2023 and will mainly be used for destina-tions such as Mumbai, New Delhi, Shanghai, Hong Kong and Bali.

“These ex-Air Berlin aircraft ... they have recently had a massive refurbishment programme done on them. They have brand new interiors and galleys, and have had heavy maintenance conduct-

ed on them,” said Bellew.He did not share as to how much

the leasing costs were, except that the “current lease rates are incred-ibly competitive and we are being opportunistic by leasing them at this point”.

Malaysia Airlines currently op-erates six A380s, 15 A330-300s and 48 B737-800s, bringing its total fl eet size to 69. It will also soon be taking delivery of the fi rst of six new A350-XWBs — also on lease but from Air Lease Corp — which it will be using to operate the Lon-don route.

The airline has also ordered 25 of the new Boeing 737-Max 8 planes, with deliveries starting from the end of 2019, as well as 25 options Malaysia Airlines had inked a preliminary deal with Boe-ing Co during a recent visit to the US with Prime Minister Datuk Seri Najib Razak, to potentially add eight wide-body 787-9 Dream-liners to its fleet from the third quarter of 2019.

However, the announcement of the eight Dreamliners worth US$2.5 billion (RM10.55 billion) at list pric-es, drew fl ak from some quarters who questioned why the loss-mak-ing airline was buying the bigger and pricier aircraft if it is focusing on the intra-Asia routes, which can be served by narrow-body sin-gle-aisle planes.

“Th e 787-9 is just as economi-cal going from here to Tokyo or to Beijing, than it is going from here to San Francisco. What the 787-9 does give is the fl exibility and op-tionality — if we ever want to go back [to] those markets, we can,” said Bellew.

“I think personally there is go-ing to be a shift in the aviation in-dustry over the next three to four years [where] it will be less com-mon to transit through the Gulf states [when travelling on long-haul destinations], as we are already

seeing some contractions in the Gulf carriers.

“I think the price of oil will lev-el off , and it will be much more aff ordable to do the longer-haul flying as well, and I think more people would want to go direct [to destinations in US and Europe],” he said.

Bellew said that over the next fi ve years, the Malaysia Airlines fl eet would see more changes in the type of aircraft rather than fl eet size.

At present, the Malaysia Air-lines fleet of 69 planes consists of 48 narrow-body planes and 27 wide-body aircraft, but this is ex-pected to increase to 80 planes by 2022, consisting of 45 narrow-body planes and 35 wide-body planes.

“We have aircraft retiring that have come to the end of the lease, we are replacing those with new aircraft and as narrow-body air-craft get retired from the fl eet, we will replace them with wide-body aircraft.

“So, the overall size of the air-line over the course of the next fi ve years will increase by somewhere between seven and 10 aircraft, which is a very moderate increase in an airline’s scope ... it’s more of a change of the type of aircraft we have,” he said.

On Malaysia Airlines’ new air-line to operate its A380 fl eet on re-ligious pilgrimage charters, Bellew also said: “We have started the ap-plication for the licensing process with the Malaysian Aviation Com-mission and the Department of Civil Aviation Malaysia, and we are going through a feasibility study process with our shareholder Khaz-anah Nasional Bhd at the moment to make sure that there is fi nancial feasibility in the project.”

“We have put the team togeth-er and they have come with a very detailed business plan, and its just good governance to do a feasibility study,” he added.

Bellew: I am not leaving Malaysia Airlines

KUALA LUMPUR: Malaysia Air-lines Bhd boss Peter Bellew has fi rmly denied suggestions that he is on the verge of leaving Malaysia Airlines Bhd to return to his former employer — Irish low-cost airline Ryanair Ltd.

The Irishman said he had received calls yesterday from members of the media, asking him if he was going to leave Ma-laysia Airlines for the low-cost airline.

“I got four or fi ve calls [from the press] in the last four or fi ve hours, asking me if the press conference was called to say [that] I am leaving for Ryanair. Just to make it perfect-ly clear, we [Malaysia Airlines] are going through some challenges at the moment, but, I am perfectly happy to be here as the chief ex-ecutive offi cer (CEO) of Malaysia Airlines,” he told a news conference yesterday.

“They have a perfectly good CEO over at Ryanair at the mo-ment,” he quipped.

Asked why he is staying on at Malaysian Airlines, Bellew replied, “Why not?”

“It’s the most wonderful coun-try ... since I came to Malaysia I have put on 7kg, (and) I’ve got a loyalty card from Ravi’s Banana Leaf Restaurant in Mont Kiara,” he said in jest.

On a more serious note, Bellew

said he came to Malaysia for a rea-son, which was for the turnaround of Malaysia Airlines.

“Th e longer I’m here, the proud-er I am of the job that I am in. I didn’t expect to be CEO of Ma-laysia Airlines when I came here and I was very fortunate to have been given the opportunity. I will do my level (best) and work very hard to make [Malaysia Airlines] a success,” he added.

Bellew took over the reins of the airline from Christoph Mueller on July 1 last year, making him the third CEO the airline has had in a period of fi ve years. Prior to that, he had been the chief operating offi cer of Malaysia Airlines since Sept 1, 2015.

Bellew brings with him over 20 years of aviation industry ex-perience. He joined Malaysia Airlines from Ryanair, where he had served in various roles with increasing responsibility since 2006. He left Ryanair as the di-rector of fl ight operations, being responsible for 72 bases, operat-ing a total of 320 aircraft.

I will do my level (best) and work very

hard to make [the airline] a success.

Bellew said he came to Malaysia for a reason, which was for the turnaround of Malaysia Airlines. Photo by Kenny Yap

4 H O M E B U S I N E S S THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

Johor Sultan said to be Berjaya Assets substantial shareholderSultan Ibrahim likely to continue mopping up more shares in the company — source

BY L I E W J I A T E N G

KUALA LUMPUR: The Sultan of Johor, Sultan Ibrahim Sultan Iskandar, is expected to surface as a substantial shareholder of loss-making Berjaya Assets Bhd (BAssets), according to sources.

Two sources told Th e Edge Fi-nancial Daily that the Johor rul-er bought 80 million shares or a 6.7% stake in BAssets off -market yesterday.

It is learnt that he bought the shares at RM1 apiece, represent-ing a 14.5% or 17 sen discount to BAssets’ closing price of RM1.17 yesterday.

Ultimately controlled by

prominent tycoon Tan Sri Vin-cent Tan Chee Yioun, BAssets is the developer of Berjaya Times Square in Kuala Lumpur, one of the country’s largest retail and com-mercial projects. Th e group also owns Natural Avenue Sdn Bhd, which operates number forecast lotteries in Sarawak.

BAssets has also obtained a li-cence agreement with Greyhound Café Co Ltd for exclusive rights to establish and operate cafes under the Greyhound Café trademark in Malaysia.

Another source says Sultan Ibra-him is likely to continue to mop up more BAssets shares to at least a double-digit percentage stake.

At press time, it is not known what the Johor Sultan’s total share-holding in BAssets is.

Th e rules state that a substantial shareholder must notify a compa-ny within seven days of the date of change in his or her shareholdings, as required under the Companies Act 1965.

It is not yet publicly known who the seller of the 80 million shares or 6.7% stake in BAssets is. How-ever, Tan held a controlling 63% stake in BAssets — of which 37.7% was direct interest and 25.3% was deemed interest via Berjaya Corp Bhd — as at Aug 17.

Interestingly, the Johor ruler has already invested in several

companies in which Tan also has a stake in. Th ey are convenience store chain operator 7-Eleven Ma-laysia Holdings Bhd and telecom solutions provider REDtone Inter-national Bhd, as well as U Mobile Sdn Bhd, the country’s youngest telecommunications operator.

Yesterday, BAssets saw 80 million shares, representing a 6.7% stake in the company, trad-ed off-market. Bloomberg data showed that the shares were traded in fi ve separate blocks, all of which changed hands at RM1 per share or RM80 million in total. All fi ve trades were done between 3.30pm and 4.30pm.

One block of 20.22 million

shares, a block of 17 million shares, two blocks of 19 mil-lion shares each, and a block of 4.77 million shares were crossed off -market.

Year to date, shares in BAssets have risen 29%, with a market cap-italisation of RM1.39 billion.

Mercury Securities — the only research house that covers BAssets — has a “buy” call on the stock, with a target price of RM1.62. Th is represents a potential upside of 40%.

BAssets saw its net loss nar-row by 80% to RM11.11 million in the fi nancial year ended June 30, 2017, from RM54.12 million the previous year.

EDITOR’S PICKS FROMtheedgemarkets.com

KUALA LUMPUR: Glomac Bhd is targeting to launch RM810 mil-lion worth of new projects in its financial year ending April 30, 2018 (FY18), which will surpass the collective RM564 million it has launched over the past two years.

Of the new launches, 62% will comprise landed residential prop-erties, 25% will be high-rise resi-dential units, and 13% will be com-mercial units.

“We think we have the right products in the right locations [for our launches to be successful],” said group managing director Da-tuk Seri Fateh Iskandar Mohamed Mansor, also known as FD Iskan-dar, following the group’s annual general meeting yesterday.

Th e group, which released its results for the fi rst quarter ended July 31, 2018 (1QFY18) yesterday, saw a 97.5% year-on-year (y-o-y) fall in net profi t to RM2.1 million from RM85.54 million, largely be-cause the previous year got a boost from a one-off land sale.

Quarterly revenue dropped 61.2% y-o-y to RM97.49 million from RM251.42 million, again due to the RM145.6 million disposal last year. In a statement, the group said the “more measured pace” of launches over the past two years partly contributed to the softer earnings performance in 1QFY18.

Still, its directors told Bursa Ma-laysia they “are of the opinion that the environment going forward will con-tinue to be diffi cult”, and that “even with the planned future launches, the group’s performance for FY18 is expected to be challenging”.

Hoping ‘the worst is over’, Glomac revs up launch plansBY S A M A N T H A H O

Nevertheless, FD Iskandar reit-erated to reporters yesterday that outlook for the property segment this year is stronger, supported by the country’s strong second-quarter gross domestic product growth of 5.8%. “Barring any unforeseen cir-cumstances, hopefully the worst is over,” he said when asked about the sentiment in the property market.

Last Th ursday, FD Iskandar, who is also president of the Real Estate and Housing Developers’ Asso-ciation Malaysia, said the associ-ation was more optimistic about the property industry’s outlook for the second half of 2017 (2Q17) and 1H18, because more people were confi dent about retaining their jobs.

Glomac’s pipeline of projects for FY18 comprises new compo-nents to be launched in existing developments, including aff ordable apartments and shop offi ces at its

Lakeside Residences in Puchong, and semi-detached and aff ordable homes, apartments, and shops at its Saujana KLIA development.

It also plans to launch the Sauja-na Utama 5 development in 2QFY18, or before the end of this calendar year, and to launch the Saujana Jaya development in Kulai in 3QFY18.

Glomac’s new launches have previously seen 70% to 80% of units sold within the fi rst six months, said FD Iskandar yesterday. “Hopefully, this momentum is not only going to be maintained [going forward], but will be better than that,” he added.

Th e property developer is also targeting to expand its land bank, which currently comprises lands at multiple locations in the Klang Valley with a gross development value of RM7 billion.

“We are looking into a couple of pieces now, very seriously,” FD Iskandar said, adding that while Glo-mac would look at places in which it already has a presence, it would consider any location in which val-ue can be created for shareholders.

“Our gearing ratio is currently at 0.2 times, [which is] still within our target of keeping it under 0.5 times,” FD Iskandar said, adding the group still has close to RM600 million in its shareholders’ fund to fi nance new buys.

Separately, Glomac’s remaining unbilled sales of RM556 million as at end-FY17 are expected to last the group two more years, at most, which is why the new launches are timely, he said.

Shares in Glomac closed up one sen at 65 sen per share yesterday, with a market capitalisation of RM473.54 million.

FD Iskandar reiterates that outlook for the property segment this year is stronger, supported by the country’s strong second-quarter gross domestic product growth of 5.8%.

BY A D A M A Z I Z

KUALA LUMPUR: Seven indi-viduals are being sued by the Securities Commission Malaysia (SC) over manipulation of shares in APL Industries Bhd.

Th e SC claimed in its lawsuit that the defendants actively trans-acted in large volumes of APL shares between Nov 7 and 9, 2006, causing a surge in the volume and price of APL shares.

Th e regulator is also seeking court orders for disgorgement and civil penalty of up to RM7 million and barring the defend-ants from being a director of a public listed company and from trading on the stock exchange for a period of fi ve years.

Th e regulator is suing Ng Wai

SC sues seven individuals over APL Industries share price manipulation

Hong, a dealer’s representative at Hwang-DBS Securities Bhd, and six others who were acquainted or connected to her. Th ey are Lo Ga Lung, Toh Pik Chai, Ling Pik Ngieh, Ng Soo Tian, Chan Kok and Chai Shou Wei.

Th e statement of claim fi led by the SC on Sept 21 alleges that Ng was responsible for planning and carrying out the alleged trading of APL shares on behalf of the rest of the defendants, who in turn allowed their accounts to be used for the said manipula-tive activity.

“Th e trades carried out by Ng in the accounts of the other six defendants represented 30.36% of the total volume of APL shares traded on the market,” said the SC in a statement yesterday.

BY S A N G E E T H A A M A RT H A L I N G A M

KUALA LUMPUR: The China Banking Regulatory Commis-sion has given CIMB Group Holdings Bhd the approval to divest 18.21% of its stake in Bank of Yingkou Co Ltd (BYK) to Shanghai Guozhijie Invest-ment Development Co Ltd.

In a fi ling with Bursa Malaysia, CIMB said the commission gave its nod via a letter on Tuesday.

On Dec 30 last year, CIMB an-nounced plans to divest the BYK stake for RM972 million, say-

China regulator approves CIMB's sale of stake in Bank of Yingkou

ing the venture with the Chinese bank was one of the group’s best investments but holding on to the stake will cost too much in time.

CIMB shared RM651 million worth of profi t from BYK between 2009 and 2016.

But CIMB group chief exec-utive Tengku Datuk Seri Zafrul Abdul Aziz had stated that capital requirements for minority invest-ments in other banks such as BYK had continued to increase, so much so that in time, the returns threshold required to justify this investment would be too high.

PHOTO BY SHAHRIN YAHYA


Construction to drive FFH revenue growthNewly acquired subsidiary has RM600m worth of building projects

KUALA LUMPUR: In conjunction with Mercedes-AMG’s 50th anni-versary and the last Formula One race in Malaysia, Mercedes-Benz Malaysia yesterday introduced the new Mercedes-AMG E 63 S 4MATIC+, dubbed “the most powerful E-Class of all time”.

Equipped with a four-litre twin-turbo V8 engine that gen-erates up to 612hp of power and 850Nm of torque, the new E-Class can hit 100km/h from zero in just 3.4 seconds, a statement from Mercedes Malaysia read.

“As the latest addition to the Mercedes-Benz Dream Car Col-lection, the E 63 S takes driving performance to a new level, off er-ing our customers a striking design with an undisputed and refi ned

power delivery of a V8 twin-tur-bo engine,” said Mercedes-Benz Malaysia’s vice-president for sales and marketing of passenger cars Mark Raine.

Sportiness in its interior is highlighted by the performance sports steering wheel in black leather featuring a fl attened bot-tom section, touch control and electroplated shift paddles as well as a steering wheel bezel with the AMG logo.

Its seats are dressed in black nappa leather/Dinamica microfi -bre, nut brown nappa leather or macchiato nappa leather, with equally matching door centre panels.

The new MERCEDES-AMG E 63 S 4MATIC+ is priced at RM998,888, inclusive of GST but without insurance.

Mercedes-Benz Malaysia unveils ‘the most powerful E-Class’

BY TA N X U E Y I N G

BY A D E L A M EG A N W I L LY

KUALA LUMPUR: Federal Furniture Holdings Bhd (FFH) expects equal top-line contribution from its newly acquired construction business and its traditional core activity of fur-niture manufacturing and interior fi t-out, for the fi nancial year ending June 30, 2018 (FY18).

Th is projection is based on the fact that FFH has secured con-struction projects worth more than RM600 million through Pembi-naan Masteron Sdn Bhd (PMSB), in which the group bought a 60% stake for RM33 million last Novem-ber from the family of FFH founder and chairman Datuk Choy Fook On

For the 18-month period end-ed June 30, 2017 (FFH recently changed its fi nancial year end to June from December), the group registered a cumulative revenue of RM208.52 million and a net prof-it of RM6.19 million. Th e group’s construction business, which ac-counts for only seven months of the 18-month cumulative period,

contributed a signifi cant RM75.28 million or 36.1% of the revenue.

“Due to the acquisition, you will likely see FFH with a substantially increased turnover coming from the construction business,” group execu-tive director Datuk Choy Wai Ceong told a media briefi ng yesterday.

He said there are eight construc-tion projects — comprising mostly hotels and condominiums — to-talling RM608 million still to be awarded by the Masteron Group this year, and which are to be com-pleted within the next 36 months.

“On an average of RM200 million worth of execution a year, the profi t before tax (PBT) margin that PMSB is expecting is at least 6%, which gives FFH a steady fl ow of income for the next three years,” he said.

A back of the envelope calcu-lation suggests that with the 60% stake FFH owns in PMSB, it could expect a PBT contribution of about RM7.2 million per year from its construction division.

Wai Ceong added that for now, the group still has a balance of un-

billed contracts valued at RM266.7 million, on top of the RM593.3 mil-lion worth of projects previously awarded and executed.

Earnings visibility for its construc-tion division is robust, as FFH is bank-ing on the Masteron Group’s portfolio of ongoing and planned property development projects worth not less than RM3 billion in gross develop-ment value, slated to be developed over the next 10 years, he said.

Th e bulk of it comes from the fi rst phase of the PJ South City pro-ject named Th e Verando, and Lake-side City in Puchong.

Meanwhile, managing direc-tor Datuk Choy Wai Hin said the group expects to lease a 40,000 to 50,000 sq ft plant in Dongguan in the Guangzhou province for its Starbucks China project.

Th e group has set aside capital expenditure of RM5 million to RM10 million for the required machinery.

FFH’s share price eased 0.5 sen or 0.79% to 63 sen yesterday, giving it a market capitalisation of RM68.67 million.

Raine, during the offi cial launch of the Mercedes-AMG E 63 S 4MATIC+ in Kuala Lumpur yesterday. Photo by Shahrin Yahya

6 H O M E B U S I N E S S THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

Robert Tan sells 51% stake in Goh Ban Huat for RM145.7mDisposal triggers MGO by new shareholder

BY A D A M A Z I Z

BY B I L LY TO H

BY C H O N G J I N H U N

BY A D A M A Z I Z

KUALA LUMPUR: Elusive tycoon Tan Sri Robert Tan Hua Choon has sold 51% of his controlling stake in Goh Ban Huat Bhd (GBH) for RM145.71 million or RM1.40 per share and 40 sen per warrant.

As at June 20, 2017, Tan had a 63.83% stake in GBH. Th e dispos-al leaves him with a 12.83% stake in the ceramic and sanitary ware company.

Yesterday, Paragon Adventure Sdn Bhd (PASB) emerged as the

largest shareholder in GBH af-ter buying the 51% stake in GBH from Tan, who is the non-executive chairman of GBH, for RM145.71 million or RM1.40 per share and 40 sen per warrant. PASB is a private vehicle owned by Datuk Seri Ed-win Tan Pei Seng (65%) and Datuk Seri Godwin Tan Pei Poh (35%).

The acquisition triggered a mandatory general offer (MGO) from PASB, which is making an offer to buy the rest of GBH shares and warrants at the same price.

Th e off er price of RM1.40 cash

per share represents a 2.1% discount to GBH’s closing price of RM1.43 on Tuesday, while the off er price for GBH warrants at 40 sen each is a 13% discount to its Tuesday’s closing price of 46 sen per warrant.

In a fi ling with Bursa Malaysia yesterday, GBH said PASB intends to keep the listing status of GBH.

Th e takeover price of RM1.40 was made after taking considera-tion, among others, GBH shares’ volume-weighted average mar-ket price (VWAMP) of between RM1.35 and RM1.41 over the

past six months. GBH warrants’ VWAMP from the fi ve-day to the six-month period stood between 36 sen and 40 sen, said PASB.

Th e off er price by PASB is also inclusive of any GBH dividend payout that is announced after the notice yesterday.

GBH is venturing into property development, proposing to acquire a vacant land measuring 9,925 sq m in Mont Kiara here for RM39.53 million in August.

Its property investment busi-ness was one of the key drivers that

helped lift its fi rst fi nancial quarter ended June 30, 2017 to the black with a net profi t of RM445,000 from a net loss of RM715,000 a year ago.

Revenue was however 63.9% lower at RM4.79 million from RM13.25 million after it ceased its clay pipe manufacturing busi-ness in its fi nancial year ended March 31, 2017.

GBH shares were untraded yesterday. Its market capitalisa-tion stood at RM266.89 million. Its warrants closed down three sen or 6.52% at 43 sen.

KUALA LUMPUR: Sapura Energy Bhd, formerly known as SapuraK-encana Petroleum Bhd, reported a 74% year-on-year (y-o-y) fall in its net profi t in the second quarter, as the oil and gas (O&G) support service provider registered less in-come from its exploration and pro-duction (E&P) segment, besides its rig operations.

Net profi t for the three months ended July 31, (second quarter of fi nancial year 2018 [2QFY18]) fell to RM28.93 million from RM112.27 mil-lion, it told Bursa Malaysia yesterday.

Revenue slid 1.1% to RM1.66 billion versus RM1.68 billion, main-ly because of lower revenue from the drilling and E&P business seg-ments, said Sapura Energy, which undertakes rig operations under its drilling segment.

“The group recorded prof-it before tax of RM33.8 million, a decrease of RM152.9 million as compared with RM186.7 million in 2QFY17, due to lower revenue from the drilling business segment and fi nancial impact arising from the cessation of the Berantai risk service contract in 2QFY17,” Sapura Energy said.

Th us, net profi t for the fi rst six months of FY18 was down 75% y-o-y to RM56.46 million from RM222.58 million a year earlier, while revenue fell 5.3% to RM3.43 billion from RM3.62 billion.

Looking ahead, Sapura Energy said the O&G industry continues to be challenging in the current fi -nancial year. “Whilst oil prices have stabilised, the group remains cau-tious about the outlook of recovery in the industry's capital spending in the near term,” the company said.

In a separate statement, pres-ident and group chief executive offi cer Tan Sri Shahril Shamsuddin said the group “continues to exhibit resilience and eff ectiveness in exe-cuting projects globally despite the challenging industry conditions”.

“We remain committed to ex-panding our footprint into new ge-ographies and enhancing our service off erings to suit client needs. In our E&P operations, we are on track to achieve fi rst gas production from the SK310 B15 fi eld in the third quarter of this fi nancial year. Alongside the group’s future gas development plans for SK408, these milestones will pro-vide long-term fi nancial visibility for the group,” he added.

He also updated that the group’s current order book stands at RM15.1 billion, while current cash and bank balance is at RM2.2 billion.

KUALA LUMPUR: Superlon Hold-ings Bhd’s share price plunged 44 sen or 15.94% to close at RM2.32 yesterday after the group reported disappointing fi rst-quarter results. The counter, which touched an intraday low of RM2.25, saw 9.74 million shares change hands.

On Tuesday, Superlon reported a 41% fall in net profi t for the quarter ended July 31, 2017 to RM3.6 mil-lion, compared with RM6.1 million a year earlier. Revenue, however, rose 2.7% to RM26.3 million from RM25.6 million.

The group blamed the lower earnings on higher costs of materi-als and higher operating expenses. Th e manufacturing division saw its revenue and pre-tax profi t fall to RM23.3 million and RM4.4 million respectively, from RM24 million

and RM8 million previously.Th e trading division’s revenue,

meanwhile, rose to RM3.1 million from RM1.7 million thanks to in-creased sales of copper pipes to local customers. Th e division’s pre-

tax profi t grew to about RM200,000 from RM100,000

“After seeing the share price of Superlon run up by close to 86% year-to-date, the disappointing re-sults are creating a lot of selling pres-sure. Th e trading volume [yesterday] itself was more than 10 times the 200-day average for Superlon,” a trader based in Kuala Lumpur told Th e Edge Financial Daily.

MIDF Research has downgrad-ed Superlon to “neutral”, but with a higher target price of RM2.36.

Superlon, which is involved in the production of nitrile butadiene rubber foam insulation materials for domestic and export markets as well as parts for air-condition-ing and refrigeration appliances, is trading at a trailing price-earnings ratio of 17.7 times at current level, giving it a market capitalisation of RM374.8 million.

RM

1.0

1.5

2.0

2.5

3.0

Sept 27, 2016 Sept 27, 2017

Superlon Holdings Bhd

RM2.32

KUALA LUMPUR: VS Industry Bhd’s net profi t more than tri-pled to RM36.81 million in the fourth financial quarter end-ed July 31, 2017 (4QFY17) from RM10.94 million a year ago, on higher sales orders from existing key customers.

Earnings per share rose to 3.08 sen in 4QFY17 from 0.94 sen in 4QFY16.

Quarterly revenue jumped 77.4% to RM983.39 million from RM554.2 million a year ago.

The group also declared a fourth interim dividend of one sen per share for FY17, payable on Oct 27. It also proposed a fi -nal dividend of another one sen, bringing total dividend for the year to 5.9 sen compared with 4.7 sen in FY16.

For the full-year FY17, it post-ed another year of record net profi t and revenue.

Net profit rose 32.6% to RM156.32 million in FY17 from RM117.93 million in the previous year, while revenue grew 50.8% to RM3.28 billion from RM2.18 billion in FY16.

In a statement yesterday, VS Industry managing director Datuk S Y Gan said net profi t for FY17 included impairment losses of RM4 million on an investment, as well as RM12 million on proper-ty. Th e latter was mainly

due to the strengthening of US dollar against the rupiah since its last valuation date in 2013.

“In the absence of these op-erational items, FY17 net prof-it would have been RM169.5 million against the reported RM156.3 million,” he added.

VS Industry also noted that all three geographical markets reported healthy year-on-year revenue growth in FY17, with Malaysia leading the line with a 54% growth followed by Indone-sia (53.2%) and China (42.1%).

Going forward, VS Industry said the trend of rising orders is expected to sustain going into the next fi nancial year.

“Looking ahead, we will not rest on our laurels as the group is still in expansion mode and we aim to maintain the uptrend in our fi nancial performance,” said Gan.

“We are adding more pro-duction space by constructing a new factory cum warehouse to cater for the expected in-crease in orders from both our existing and new customers. To remain at the forefront of competition, we also continue

to invest in automation and manufacturing technol-

ogy, especially as we progress towards the Industry 4.0 evolu-tion.

“ B a r r i n g a n y unforeseen circum-stances and judging

from our current and prospective orders,

we are opti-mistic that V S w o u l d record bet-ter perfor-mance in FY18,” he added.

Superlon shares plummet

Sapura Energy 2Q net profi t down 74% y-o-y

VS Industry posts record profi t, revenue in FY17

Gan: We are optimistic that VS would record better performance in FY18.


MESB hopes toturn around in FY18It is introducing new baby clothing line under ‘J is for Jeep’ brand

BY A D E L A M EG A N W I L LY

KUALA LUMPUR: MESB Bhd, which slipped into the red in the financial year ended March 31, 2017 (FY17), is hopeful of a better year ahead as it embarks on several cost-cutting initiatives after being hit by higher operating expenses last year.

MESB incurred a net loss of RM2.63 million in FY17, compared to a net profi t of RM1.22 million a year earlier, despite a 26.3% year-on-year (y-o-y) growth in revenue to RM135.22 million from RM107.08 million.

It said the loss was due to poor performance by its retailing busi-ness, which deteriorated due to sluggish consumption, the weaker ringgit, rising distribution-related costs and higher operating expens-es associated with the expansion of its apparel business.

“We hope to be profitable in FY18, by doing our best in cutting down costs. We reported good re-sults in 1QFY18 (first quarter of FY18), and will continue to moni-tor our operations and do what is needed to bring down operational costs,” MESB chief executive offi cer and executive director Loke Lee Ping told reporters after MESB’s

annual and extraordinary general meetings yesterday.

MESB’s 1QFY18 net profi t grew 113% y-o-y to RM2.12 million from RM995,000, mainly due to reversal of compensation recoverable from the acquisition of a subsidiary a year ago, while revenue strength-ened 8% to RM41.83 million from RM38.71 million.

MESB, which is involved in the trading of leather products, apparel and accessories under brands such as Pierre Cardin, Alain Delon and Jeep, is targeting a growth of be-tween 5% and 8% in revenue for FY18, driven mainly by the apparel and ladies’ handbags segments.

Loke said among MESB’s cost-cutting initiatives, closing down non-performing outlets is a top priority. Th e group currently operates 570 consignment coun-ters in major department stores and six stand-alone stores in shop-ping malls.

“Last year, [we were affected by] the non-performing outlets. Our operating expenses were also aff ected by the trade margins of the department stores which we partnered with. Customer crowd is getting diluted as more malls are opening up. So we now carefully choose where we want to be so we

can eff ectively market our brands to our target segments,” he said.

Meanwhile, MESB is optimistic about the Malaysian retail indus-try. “We are still quite ambitious for the industry although people are tightening their consumption belts. But there are crowds still, especially during the festive sea-sons. We may not have that many tourists coming into our country compared with our neighbours but we do what we can to attract customers to buy our products,” Loke said.

MESB is also expanding its brand and product line-ups to in-clude baby apparel and will intro-duce its very fi rst baby clothing line under the “J is for Jeep” brand in January 2018.

MESB will also launch a new line of products comprising men’s and children’s apparel, baby clothes and leather products under the Italian brand Ducati in 1QFY19 (or 2Q of 2018).

“It (baby clothing market) is quite a potentially great market. Th e Malaysian population is always growing, so there will always be a market for us. Plus, we have strong connections with major depart-ment stores, which is an advantage for us,” Loke said.

BY A D A M A Z I Z

KUALA LUMPUR: China Station-ery Ltd (CSL) has appointed a new independent law fi rm to review litigation cases in China to verify if they are related to its executive chairman’s personal loans and involved subsidiaries of CSL.

Th e plastic stationery group said Zhi Jun Law Firm of Fujian has been appointed to the role, after its previous choice — Messrs Fujian Weijie Law Firm — was found to have outsourced its ser-vices to another legal fi rm.

Apart from the review, the law fi rm will also assess the liabilities and potential fi nancial impacts on CSL due to the litigation cas-es, the group said in a fi ling with Bursa Malaysia yesterday. Both tasks should be completed by end-November, it added.

CSL appoints new law fi rm to review cases allegedly linked to chairman

BY N E I LY S YA F I Q A H E U S O F F

KUALA LUMPUR: Some 55% or one in two job seekers in Malay-sia are confi dent the country’s job market will get better in the next six months, driven by the technology fi eld and shared services sector, according to a survey conducted by global recruitment specialist Michael Page.

In comparison, only some 43% are positive about the current job market. And although just 33% are positive about the present eco-nomic situation, 56% foresee that the economy will get better in the next six months.

Th ere is “a lot of positive out-look with strong prospects in the technology fi eld”, as Malaysia trans-forms into a digital economy with support from the government, said Michael Page Malaysia director May Wah Chan in a statement yesterday on what the agency described as “growing optimism” among the job seekers it polled.

Government initiatives like the Malaysia Digital Hub and Tech Entrepreneur Programme have created sound infrastructure for foreign technology companies to

BY E M I R Z A I N U L

KUALA LUMPUR: Th e Malaysian Timber Council (MTC) has cut its 2020 timber exports target of RM53 billion — fi rst set in 2009 by the government — down by between 43% and 53% to RM25 billion to RM30 billion, amid headwinds in the industry.

“Understandably, we revisit-ed [this target] due to the chal-lenging economic situation, as well as the issue of labour and resources, [so] we scaled down to the new target,” MTC chief ex-ecutive offi cer Datuk Dr Abdul Rahim Nik said during a media familiarisation session with the agency yesterday.

MTC acts as the bridge be-tween timber companies in Ma-laysia and importers from other countries around the world to match the needs of customers to suppliers, and to facilitate export-ing activities. MTC has offi ces in London, UK; Dubai, the United Arab Emirates; and Guangzhou, China. More recently, it has add-ed Bangalore, India to the list.

According to Abdul Rahim, Malaysia exported RM11.5 billion worth of timber products in the fi rst half of this year, and is well on its way to meet its revised 2020 target, con-sidering that total tim-ber exports accounted for RM22.11 billion in 2016.

The No 1 timber product export is wood-en furniture, which ac-count for 33.91% of total timber exports, followed by plywood at 20%, and sawn timber at 16.52%. The top three markets for

Malaysia cuts 2020 timber exports target amid headwinds

Malaysia’s digital economy pushboosting optimism about job market

establish themselves, the agen-cy noted. “Th is has led to market observations where we are seeing employment jump-started in the e-commerce, digital and digital marketing fi elds,” it said.

“Malaysia can expect more ex-citing growth prospects with gov-ernment schemes facilitating the entrance of foreign investors par-ticularly in fi ntech. Th e infl ux of digital transformation activity in Malaysia has led to other positive benefi ts. Existing businesses have acknowledged the importance of staying relevant in the midst of dy-namic trends and, in turn, created new digital departments and head-count,” said Chan.

Th e logistics sector is also driving employment prospects, particular-ly at the last-mile fulfi lment phase, the agency noted. “Transformed by Malaysia’s thriving e-commerce industry, this sector is moving from a B2B (business-to-business) to a B2C (business-to-consumer) mode, and impact has been felt most out-side [the] urban areas of Malaysia, where logistic companies have part-nered with grocery retail fi rms to deliver to home residences,” it said.

Shared services also remain

one of the country’s driving sec-tors, especially in accounting and finance, it said, citing increas-ing globalisation and technology, which have allowed global cor-porations the ease of offshoring back-office operations to Malay-sia, which will lead to more jobs being created.

But while increased opportu-nities indicate employment opti-mism, companies in Malaysia still face the recurring challenge of a limited talent pool, it said, with fi erce competition for top-tier pro-fessionals.

“Hiring managers who can se-cure qualified hires offer strong skills development, work-life bal-ance and personal progression. Th e Michael Page survey further reports that 62% of job seekers are confi dent of securing a job in less than three months and 47% are driven by the desire to develop new skills,” it added.

Th e survey polled the responses of 468 mid- to senior-level employ-ees in Malaysia, across organisa-tions and industries. Some 63% of them have over fi ve years’ working experience, while 74% are aged be-tween 25 and 50.

On Aug 10, CSL announced that the independent law fi rm would review the accuracy of lit-igation cases against three of its subsidiaries — Sakura (Fujian) Packaging & Stationery Co Ltd, Sakura (Fujian) Plastics Enter-prise Co Ltd and Ruiyuan (Fuji-an) Enterprise Co Ltd.

Th e group said it learned of the cases from the Chinese gov-ernment’s National Legal Cas-es Search, but did not disclose details.

CSL added in the announce-ment that its executive chairman and chief executive offi cer, Chan Fung @ Kwan Wing Yin, had told the group that the litigation matters were related to his personal loans.

CSL’s share price closed un-changed at 4.5 sen yesterday, giving the group a market cap-italisation of RM55.47 million.

timber product exports are Japan, the US and India.

MTC, under the purview of the plantation industries and commodities ministry, was set up in 1992 to promote the devel-opment and growth of the timber industry focusing on exports and the sustainability of the industry.

To promote sustainable forest management, Abdul Rahim said the Malaysian Timber Certifi-cation Council was established in 1998 as an independent and non-profi t organisation with the responsibility to develop and op-erate a voluntary and independ-ent national certifi cation scheme — the Malaysian Timber Certifi -cation Scheme (MTCS).

As of Aug 30 this year, 357 tim-ber companies had been certifi ed under the scheme. Th e MTCS is endorsed by the international organisation Programme for the Endorsement of Forest Certifi ca-tion and is recognised globally.

As of 2016, Malaysia’s total forested area stood at 18.27 million hectares, or 55.3% of its total land area; 44% was ga-zetted as permanent forest re-serves, while the other 11.3% was non-permanent.

of this year, and isway to meet its

20 target, con-hat total tim-ts accounted 11 billion in

o 1 timber xport is wood-ure, which ac-

33.91% of total xports, followed od at 20%, andmber at Theee or

According to Abdul Rahim, Malaysia exported RM11.5 billion worth of timber products in the fi rst half of this year.

8 ST O C KS W I T H M O M E N T U M THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY


Stocks with momentum were picked up using a proprietary algorithm by Asia Analytica Data Sdn Bhd and fi rst appeared at www.theedgemarkets.com. Please exercise your own judgement or seek professional advice for your specifi c investment needs. We are not responsible for your investment decisions.

Our shareholders, directors and employees may have positions in any of the stocks mentioned.

SHARES in Frontken Corp Bhd (fundamen-tal: 2.2/3, valuation: 1.4/3) triggered our mo-mentum algorithm yesterday for the sixth time this year.

Th e counter closed up one sen or 2.53% at 40.5 sen yesterday, with a volume of 71.23 million shares, over three times its 200-day average volume of 22.37 million shares. It was the fourth most active counter on the local bourse yesterday.

Frontken’s net profi t for the second quarter

ended June 30, 2017 (2QFY17) rose 16.69% to RM5.82 million from RM4.99 million a year ago, thanks to improved performances by the group’s subsidiaries in Taiwan and Singapore, despite a foreign exchange loss of RM500,000. Quarterly revenue grew 12.22% to RM70.53 million from RM62.85 million a year ago.

Th e group also declared an interim sin-gle-tier dividend of 0.5 sen for FY17 payable Oct 4. At the current share price, Frontken is trading at 1.56 times its book value.

SHARES in Icon Off shore Bhd (fundamental: 0.2/3, valuation: 0.9/3), which triggered our momentum algorithm yesterday for the sixth time this year, closed unchanged at 30.5 sen.

Th e 10th most active counter on Bursa Ma-laysia yesterday, it saw 32.53 million shares traded, far above its 200-day average volume of 4.03 million shares. Icon Off shore registered a net loss of RM6.56 million for the second quar-ter ended June 30, 2017 (2QFY17), compared

to a net profi t of RM617,000 a year ago, due to higher consumables and spare parts costs. Quarterly revenue slipped 6.75% to RM54.9 million from RM58.88 million a year ago.

For the fi rst six months of FY17, its net loss widened to RM13.18 million from RM4.39 million, while revenue decreased 12.98% to RM96.34 million from RM110.71 million.

At the current share price, Icon Off shore is trading at 0.65 times its book value.

SHARES in SHL Consolidated Bhd (funda-mental: 1.65/3, valuation: 2.4/3) triggered our momentum algorithm yesterday for the fi rst time this year.

Th e counter closed down two sen or 0.7% at RM2.82 yesterday, after 53,100 shares were traded, compared with its 200-day average volume of 12,602 shares.

SHL’s joint-venture company (JVco) with Japan-based Marubeni Corp is looking to tap into Myanmar’s aff ordable housing market, in line with their Asean business venture initiative.

Instead of entering into new geographical markets, the JVco plans to leverage on areas where Marubeni has a strong presence in, and Myanmar is a potential starting point as Marubeni is already involved in industrial pro-jects there. In May, SHL, via its wholly-owned unit Sin Heap Lee Development Sdn Bhd, in-corporated the JVco with Marubeni’s unit MC Chance Malaysia Sdn Bhd.

SHL is currently on the lookout for suitable land banks, mainly in the Klang Valley, Penang and Melaka. At the current share price, SHL is trading at 0.89 times its book value.

FRONTKEN CORP BHD Valuation score*Fundamental score**TTM P/E (x)TTM PEG (x)P/NAV (x)TTM Dividend yield (%)Market capitalisation (mil)Shares outstanding (ex-treasury) milBeta12-month price range

1.402.20

15.260.011.511.27

413.951,047.97

2.140.13-0.41

*Valuation score - Composite measure of historical return & valuation**Fundamental score - Composite measure of balance sheet strength& profitabilityNote: A score of 3.0 is the best to have and 0.0 is the worst to have

ICON OFFSHORE BHD Valuation score*Fundamental score**TTM P/E (x)TTM PEG (x)P/NAV (x)TTM Dividend yield (%)Market capitalisation (mil)Shares outstanding (ex-treasury) milBeta12-month price range

0.900.20

--

0.65-

359.041,177.19

1.650.21-0.48


SHL CONSOLIDATED BHD Valuation score*Fundamental score**TTM P/E (x)TTM PEG (x)P/NAV (x)TTM Dividend yield (%)Market capitalisation (mil)Shares outstanding (ex-treasury) milBeta12-month price range

2.401.658.54

(1.70)0.906.34

687.63242.12

0.392.68-2.86


FRONTKEN CORP BHD (-ve)

ICON OFFSHORE BHD (+ve)

SHL CONSOLIDATED BHD (-ve)

FRONTKEN CORP BHD

(ALL FIGURES IN MYR MIL)

FY14

31/12/2014

FY15

31/12/2015

FY16

31/12/2016

FY2017Q2

30/6/2017

FinancialsTurnover 309.8 280.6 261.8 70.5EBITDA 44.4 36.7 50.3 14.8Interest expense 1.2 1.5 1.1 0.2Pre-tax profit 28.1 16.0 33.3 10.3Net profit - owners of company 18.8 4.0 20.0 5.8Fixed assets - PPE 135.6 135.7 152.1 155.0Total assets 268.1 303.6 320.8 321.5Shareholders' fund 206.8 236.6 261.6 274.7Gross borrowings 35.1 42.2 28.7 36.6Net debt/(cash) (27.8) (67.6) (73.7) (75.4)

FRONTKEN CORP BHD

RATIOS

FY14

31/12/2014

FY15

31/12/2015

FY16

31/12/2016

ROLLING 12-MTH

DPS ($) - - - 0.01Net asset per share ($) 0.21 0.23 0.25 0.26ROE (%) 9.55 1.81 8.05 10.87Turnover growth (%) 62.55 (9.45) (6.68) 7.53Net profit growth (%) - (78.66) 400.13 1,531.63Net margin (%) 6.06 1.43 7.65 9.77ROA (%) 7.34 1.40 6.42 8.79Current ratio (x) 2.08 2.51 2.50 2.25Gearing (%) - - - -Interest cover (x) 36.22 24.55 43.86 61.51

ICON OFFSHORE BHD


FY14

31/12/2014

FY15

31/12/2015

FY16

31/12/2016

FY2017Q2

30/6/2017

FinancialsTurnover 318.9 266.6 226.9 54.9EBITDA 172.5 (78.2) (47.9) 22.2Interest expense 50.1 37.0 40.2 10.2Pre-tax profit 56.4 (363.6) (149.8) (2.4)Net profit - owners of company 59.4 (364.1) (152.7) (6.6)Fixed assets - PPE 1,378.2 1,288.4 1,191.8 1,179.7Total assets 1,621.2 1,262.6 1,116.1 1,057.0Shareholders' fund 1,080.6 717.6 564.9 551.8Gross borrowings 668.5 723.0 712.2 692.5Net debt/(cash) 593.7 627.7 653.5 652.1

ICON OFFSHORE BHD

RATIOS

FY14

31/12/2014

FY15

31/12/2015

FY16

31/12/2016

ROLLING 12-MTH

DPS ($) - - - -Net asset per share ($) 0.92 0.61 0.48 0.47ROE (%) - (40.49) (23.82) (22.95)Turnover growth (%) - (16.40) (14.87) (13.29)Net profit growth (%) - - - -Net margin (%) 18.61 (136.58) (67.31) (76.00)ROA (%) - (25.25) (12.84) (13.19)Current ratio (x) 1.06 0.70 0.51 0.39Gearing (%) 54.94 87.47 115.68 118.18Interest cover (x) 3.44 (2.11) (1.19) (1.37)

SHL CONSOLIDATED BHD


FY15

31/3/2015

FY16

31/3/2016

FY17

31/3/2017

FY2018Q1

30/6/2017

FinancialsTurnover 230.6 231.9 203.2 50.8EBITDA 113.3 95.0 97.9 18.8Interest expense 0.1 0.1 0.1 0.0Pre-tax profit 123.2 96.2 102.7 20.4Net profit - owners of company 103.5 79.7 82.3 17.4Fixed assets - PPE 222.5 216.4 215.2 200.2Total assets 750.9 766.9 802.4 845.3Shareholders' fund 694.4 713.8 750.2 767.8Gross borrowings - - - -Net debt/(cash) (215.6) (305.8) (290.4) (382.0)

SHL CONSOLIDATED BHD

RATIOS

FY15

31/3/2015

FY16

31/3/2016

FY17

31/3/2017

ROLLING 12-MTH

DPS ($) 0.25 0.20 0.18 0.18Net asset per share ($) 2.87 2.95 3.10 3.17ROE (%) 16.05 11.32 11.24 11.06Turnover growth (%) 12.31 0.60 (12.41) (15.73)Net profit growth (%) 77.34 (22.99) 3.30 (5.02)Net margin (%) 44.87 34.35 40.51 41.70ROA (%) 14.77 10.50 10.49 10.26Current ratio (x) 3.68 5.35 6.21 7.77Gearing (%) - - - -Interest cover (x) 1,415.84 1,759.91 1,882.15 1,727.61

1 0 P R O P E RT Y THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

Mandarin’s missed opportunityCompany’s stock is down more than 30% in Singapore

KUALA LUMPUR: Home prices in the country grew by 41.2% from the second quarter 2012 (2Q12) to 2Q17, the fi fth highest jump in the Asia-Pacifi c region according to global property consultancy and services fi rm Knight Frank.

It fells behind Australia (43.1%), New Zealand (54%), Hong Kong (64.7%) and India (69.7%), said the fi rm in its Global House Price Index report.

On a global basis within a one-year period to 2Q17, Malaysia was ranked 28th, with an average resi-dential property price growth rate of 5.3% per annum.

From 4Q16 to 2Q17, price growth stood at 1.3% while from 1Q17 to 2Q17 prices rose by just 0.8%.

Knight Frank predicts that in the three months after 2Q17, the movement of prices is likely to slow or contract.

Among markets that have seen slower growth include China, where average house price growth dipped marginally to 9.6% in the 12 months to June.

Knight Frank cited reports which point to developers set-ting more ambitious sales targets this year, seemingly unperturbed by cooling measures intended to curb speculation and price infl a-tion. “Th e fi ve-year price growth fi gures show a huge divergence in performance across the Asia-Pa-cifi c region, with the growth num-bers in India (69.7%) standing in sharp contrast to Singapore (-5.6%), which has seen the strin-gent cooling measures applied over the period dampen market activity,” Knight Frank head of re-search for Asia-Pacifi c Nicholas Holt concluded.

Th is fi rst appeared on EdgeProp.my. For more of the latest property stories, go to EdgeProp.my.

M’sia home-price growth 5th fastest in Asia-Pacifi c — Knight Frank

BY N I S H A G O PA L A N

HONG KONG: Jardines should have taken the money.

Mandarin Oriental International Ltd, a unit of the British conglom-erate, scrapped the sale of Hong Kong’s iconic Th e Excelsior hotel yesterday after bids failed to meet its price tag.

Shareholders of Mandarin Ori-ental showed what they thought of the decision by driving the compa-ny’s stock down more than 30% in Singapore. Th e shares had surged in anticipation of a sale, gaining 119% this year through Tuesday.

Let’s be clear: Mandarin Ori-ental hasn’t disclosed the price it was seeking, nor has the value of the offers been made public. Local media reports have pegged the bidding level at HK$30 billion (RM16.22 billion), while Colliers International has estimated the hotel’s value at HK$25 billion to HK$27 billion.

Yet considering the identity of the reported bidders and the frothy state of Hong Kong’s property mar-ket, it’s unlikely that proposals were on the stingy side.

The 869-room hotel attract-ed at least fi ve bids, including a

Chinese-backed consortium of Sun Hung Kai Properties Ltd and Hysan Development Co, and a tie-up between Hong Kong’s Chi-nese Estates Holdings Ltd and its longstanding mainland ally China Evergrande Group, the Hong Kong Economic Journal reported earlier this month.

Evergrande, Hong Kong proper-ty watchers won’t need reminding, forked out a record HK$12.5 billion for the Mass Mutual Tower in 2015.

Th at was the most ever paid for a commercial building in the city at the time, though since surpassed by Henderson Land Development Co’s HK$23.3 billion purchase of a car park site in May this year.

Even at the lower end of Colliers’ range, Th e Excelsior would have set a fresh record for a commercial property in the city.

Th e four-star hotel has a storied history, occupying the fi rst site to be auctioned in Hong Kong as a

British colony in 1841. It featured in Th e Pink Panther movie in the 1970s and is linked by an under-ground tunnel to the Noonday Gun immortalised by Noel Coward.

More importantly, for potential buyers, it sits in the Causeway Bay district that frequently tops surveys of the world’s most expensive shop-ping areas. Mandarin Oriental has a permit to turn the 45-year-old hotel into a commercial building. — Bloomberg

PETALING JAYA: Hong Kong in-vestors are setting their sights on Southeast Asian property, and Ma-laysia is also in their cross hairs, the South China Morning Post reported yesterday.

According to Colliers Interna-tional, demand for investment property in Southeast Asia has stayed firm, with total transac-tions of completed properties up 19% year-on-year in the fi rst half

of 2017 to around US$61 billion (RM257.42 billion).

Hong Kong property investment in the region is also driven by the fact that prices there are a fraction of those in the former British colony.

Compare that with the HK$3 million (RM1.62 million) for a na-no-sized (supposed to be the size of a typical parking lot) fl at in Hong Kong.

“Bangkok’s property prices are

just about a quarter of Hong Kong’s. Th e location is also great, at the heart of Bangkok’s central business dis-trict near the Chinese embassy,” Hongkonger Gordon Cheung told South China Morning Post.

He bought a fl at in Life Asoke Rama 9, a Bangkok project jointly developed by AP (Th ailand) and Mit-subishi Estate Group. Th e average price for units in that development was 12,542 baht (RM1,589.87) per sq

ft, compared with the average price of HK$11,762 per sq ft in Hong Kong.

South China Morning Post report-ed that more than 95% of Life Asoke Rama 9’s 154 units allocated to the Hong Kong market sold out within two days of going on the market.

This first appeared on EdgeProp.my. For more of the latest property stories, go to EdgeProp.my.

BY R A C H E L C H E W

HK investors snapping up property in Southeast Asia

B R O K E R S’ C A L L 1 1THURSDAY SEPTEMBER 28, 2017 • THEED G E FINANCIAL DAILY

SPB in net cash position to redevelop Wisma Damansara

Pantech Group Holdings Bhd(Sept 27, 67 sen)Reiterate buy with an un-changed target price (TP) of 75 sen: Following the release of strong fi rst quarter of fi nancial year 2018 (1QFY18) results, we believe Pantech Group Holdings Bhd’s earnings rebound momen-tum will persist into 2QFY18, un-derpinned by more orders from the Refi nery and Petrochemical Integrated Development (Rapid) project. Its valuation is attractive at 10 times FY18 fully diluted earnings per share (EPS). Pan-tech also off ers one of the highest dividend yields in our oil and gas universe at 4% to 5%. Th e stock off ers a total upside potential of about 21%.

We are more bullish on our earnings estimates as we believe Pantech’s earnings recovery will be supported by positive order flows from Rapid and the sta-bilisation of global steel prices. However, we believe consensus will revise earnings upwards in 2QFY18, as 1QFY18 net profit

has met 34% of consensus’ full-year estimate.

Pantech has a dominant local market share of 40% for the sup-ply of pipes, valves and fi ttings (PVF). Coupled with its move to set up a warehouse in Pengerang and a galvanising plant in Tan-jung Langsat, we believe Pan-tech is well-positioned to benefi t from more Rapid orders. Beyond strong organic growth, Pantech is also on the lookout for earn-ings-accretive mergers and ac-quisitions given its strong bal-ance sheet.

Rapid will still be a strong rev-enue contributor at an estimated RM150 million in FY18. More-over, margins from Rapid-related projects are expected to improve due to an enhanced product mix consisting of PVF compared to lower margin structural steels in the previous quarters. We believe the contribution from Rapid to grow further in FY19 and FY20 to more than RM200 million per annum. — Alliance DBS Research, Sept 27

Rapid to continue as strong revenue contributor to Pantech earnings

Selangor Properties Bhd(Sept 27, RM4.77)Maintain buy with an unchanged target price (TP) of RM5.98: Ex-cluding the unrealised foreign ex-change gains amounting to RM28.7 million, Selangor Properties Bhd (SPB) reported a nine months of financial year 2017 (9MFY17) normalised net profi t of RM45.1 million. Results came within ours but above consensus full-year es-timates, accounting for 74% and 84% respectively.

SPB’s 9MFY17 normalised net profit grew 29.9% year-on-year (y-o-y) to RM27.1 million, under-pinned by a revenue growth of 10.4% y-o-y to RM94.9million.

Its Australian operations report-ed a strong profi t before tax (PBT) growth of 49.7% y-o-y, driven by a higher rental income and a favour-able exchange rate. Th e property in-vestment division’s PBT increased marginally by 0.6% y-o-y largely due to lower operating expenses. Mean-while, the property development division’s 9MFY17 pre-tax losses widened to RM11.1 million from RM7.9 million a year ago, largely due to higher marketing and ad-ministrative costs in conjunction with the launch of Aira Residence.

Quarter-on-quarter (q-o-q), the group’s third quarter of FY17 (3QFY17) normalised net profit grew 29.9% to RM18 million, largely due to lower eff ective tax rate (-3.5 percentage points q-o-q). Mean-while, the property development division also contributed to the im-provement, as the division’s pre-tax losses narrowed to RM3.2 million in 3QFY17 from RM4.7 million a

Selangor Properties Bhd

FYE OCT (RM MIL) 2015 2016 2017F 2018F 2019F

Revenue 99.5 120.9 163.4 294.5 476.0Normalised Ebitda 51.1 80.4 111.2 136.8 164.6Normalised Ebitda margin (%) 51.4 66.5 68.1 46.5 34.6Depreciation and amortisation (0.7) (1.3) (20.6) (20.4) (16.5)Ebit 642.2 112.3 90.5 116.4 148.1Normalised Ebit 50.4 79.1 90.5 116.4 148.1Net finance cost (13.2) (13.5) (10.3) (11.1) (11.5)EI 591.9 33.2 0.0 0.0 0.0Reported pre-tax profit 629.1 98.8 80.3 105.4 136.6Normalised pre-tax profit 37.2 65.6 80.3 105.4 136.6Reported net profit 593.7 67.4 61.0 80.1 103.8Normalised net profit 35.1 44.7 61.0 80.1 103.8Reported EPS (sen) 172.8 19.6 17.8 23.3 30.2Normalised EPS (sen) 10.2 13.0 17.8 23.3 30.2EPS growth (%) (9.7) 27.4 36.4 31.2 29.7PER (x) 47.0 36.9 27.0 20.6 15.9GDPS (sen) 50.0 20.0 12.0 12.0 12.0Dividend yield (%) 10.4 4.2 2.5 2.5 2.5Core ROE (%) 1.5 1.8 2.4 3.1 4.0Source: TA Securities

quarter ago, on lower staff costs and operating expenses.

With more than 60% of the 105 units of Aira Residence — which have a gross development value (GDV) of RM850 million — having been booked to date, management is confi dent of meeting its internal sales target of 50% by end-2017.

As for the planned relaunch of the Bukit Permata project, man-agement maintains that the offi -cial launch will be in early 2018. Meanwhile, the proposed redevel-opment of the group’s land bank in Damansara Heights is in its initial planning stage with considerations

on designs which will provide in-tegration and connectivity with the nearby mass rapid transit pro-ject. Specifi cally, we understand that preliminary planning works for the Wisma Damansara site has commenced and we have assumed the offi cial launch of the site in two years’ time (FY19).

Based on the latest quarterly results, the group is in a net cash position. As such, we believe there is plenty of room for SPB to gear up further for the redevelopment of Wisma Damansara and/or other land bank replenishment. — TA Securities, Sept 27

Superlon Holdings Bhd(Sept 27, RM2.32)Downgrade to neutral with a higher target price (TP) of RM2.36: Super-lon Holdings Bhd’s fi rst quarter of fi -nancial year 2018 (1QFY18) came in below expectations, making up only 12.8% of our full-year estimates. Th e main reason for this sharp drop in profi t is the sudden increase in raw material prices. Th e company has announced a dividend of 1.5 sen, which is lower than the 2.5 sen paid in the previous corresponding quarter.

Th e 1QFY18 profi t fell by 41.5% to RM3.54 million because of the surge in raw material prices. Raw material prices have since stabilised but it is estimated to be 25% to 30% higher year-on-year (y-o-y). Hence, we ex-pect the gross profi t (GP) margin to remain under pressure for 2QFY18 but it might be a slight improvement

Raw material prices still weigh on Superlon profi tSuperlon Holdings Bhd

FYE APRIL (RM MIL) 2015 2016 2017 2018F 2019F

Revenue 74.51 90.41 106.27 118.57 130.50Pre-tax profit 12.55 21.36 30.22 24.04 37.36Net profit 9.38 16.66 23.72 18.51 28.77EPS (sen) 5.91 10.49 14.93 11.66 18.12EPS growth (%) 60.32 77.58 42.34 -21.95 55.42PER (x) 46.71 26.31 18.48 23.68 15.23Net dividend (sen) 3.00 4.25 5.50 4.00 5.50Dividend yield (%) 1.09 1.54 1.99 1.45 1.99Core Ebit margin (%) 15.65 23.20 25.81 20.36 28.00 Sources: Company, MIDF Research

compared with 1Q. We anticipate its management to implement cost-cut-ting measures to improve its margins while it is also expected to start talks with customers to gradually revise selling prices.

Although the 1Q results disap-

pointed, we believe that its second half should improve with a normal-ising GP margin and with the help of sales from a new market. We gather that Superlon is already close to en-tering this new market and targets to sell products with higher average

selling prices in this market.Superlon’s plan to start building

a new factory in Vietnam is still in-tact. Th e plant is slated to start op-erations in the second half of FY19. We believe that funding of the new plant is not an issue as the compa-ny is still sitting on a net cash pile of RM15.85 million as of July 31 while the capital expenditure budgeted for

the factory is RM17 million.We cut our FY18 earnings esti-

mates by 33% to RM18.5 million due to the lacklustre results in 1QFY18. Subsequently, we also lower our div-idend per share assumption from six sen to four sen. We reckon that the company will reserve some cash for the construction of its Vietnam plant. — MIDF Research, Sept 27

Pantech Group Holdings Bhd

FYE FEB (RM MIL) 2017A 2018F 2019F 2020F

Revenue 479 608 687 732Ebitda 61.6 91.7 104 112Pre-tax profit 40.7 67.8 77.7 82.8Net profit 30.9 49.3 56.5 61.2Net profit (pre ex) 30.9 49.3 56.5 61.2Net profit growth (pre ex) (%) (18.7) 59.5 14.6 8.4EPS (sen) 4.19 6.69 7.67 8.31EPS pre ex (sen) 4.19 6.69 7.67 8.31EPS growth pre ex (%) (19) 60 15 8Diluted EPS (sen) 3.94 6.25 7.07 7.61Net DPS (sen) 1.67 2.66 3.05 3.31BVPS (sen) 71.4 75.5 80.1 85.1PER (x) 15.4 9.6 8.4 7.8PER pre ex (x) 15.4 9.6 8.4 7.8P/CF (x) 7.8 6.8 39.2 7.9EV/Ebitda (x) 9.0 5.8 5.4 5.0Net dividend yield (%) 2.6 4.1 4.7 5.1P/BV (x) 0.9 0.9 0.8 0.8Net debt/equity (x) 0.1 0.1 0.1 0.1ROAE (%) 6.0 9.1 9.9 10.1Sources: Company, AllianceDBS, Bloomberg Finance LP

1 2 B R O K E R S’ C A L L THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

Star Media shiftsfocus back to dimsumStar Media Group Bhd(Sept 27, RM1.78)Downgrade to sell with a lower target price of RM1.47: We opine that Star Media Group Bhd’s special dividend of 30 sen per share that went ex yesterday had acted as a short-term support to Star Media’s share price despite the poor show-ing of its results for the fi rst half of fi nancial year 2017.

Moving forward, Star Media’s potential acquisition to fill the void left by Cityneon will be very crucial to return to the previous level of profi tability. To recap, Star Media is currently sitting on a bal-ance proceeds from the disposal of Cityneon of RM138.6 million (after paying out RM221.6 million as special dividend). Management has expressed intention to trim down operating expenditure to preserve its profi tability of the print media business. We regard this as challenging in the absence of a concrete target for the trimming amid unfavourable sector outlook.

Th e group has now shifted its fo-cus back to the over-the-top (OTT) venture, dimsum. Dimsum is broad-ening the strength of its Asian con-tent particularly for Th ai contents. Besides, for exclusivity, dimsum is partnering with regional media play-ers to create in-house contents. We opine that the OTT platform is over-crowded with too many players while piracy remains a major unsolved issue. Hence, it will be challenging

My EG Services Bhd(Sept 27, RM2.02)Maintain add with a higher target price of RM3.04: My EG Services Bhd (MyEG) has faced some teeth-ing problems in the past few months during the installation of dongles at the older cash registers (more than fi ve years old) at food and beverage (F&B) outlets in the Klang Valley. However, it said all issues had been resolved. MyEG has so far installed 5,000 dongles in the Klang Valley at F&B outlets and is targeting to install nationwide by year end (our earlier target was June 2017).

Th e Malaysian Employers Feder-ation estimates that there are around two million illegal foreign workers (IFWs) in the country. By the end of the rehiring programme in end-2017, we expect the government to register about one million IFWs. However, we believe there would still be another one million unregistered IFWs.

MyEG has recently started a new service to match employers with un-registered IFWs (under the rehiring programme). This service allows employers to source new foreign workers from the existing IFW base. MyEG gets RM1,000 for matching an employer with an IFW. We also

MyEG to benefi t from selling foreign workers’ insurance

expect the company to benefi t from selling the compulsory foreign work-ers’ insurance to the employers. MyEG said it will ensure the welfare of foreign workers, by making sure their salaries are paid and there is no worker abuse by the employers.

In the next one year, MyEG is tar-geting to place out 100,000 foreign

IGB Real Estate Investment Trust(Sept 27, RM1.70)Maintain hold with an unchanged target price of RM1.68: We remain upbeat about IGB Real Estate In-vestment Trust’s (REIT) poten-tial asset injection, the Southkey Megamall, which is currently under construction and expected to offi -cially open by end-2018 (with soft launch on Aug 8, 2018). We view Southkey as another Mid Valley Megamall in the making, owing to its potential to plug in the retail demand gap in the southern re-gion and serve the population from Melaka, Johor, and Singapore. We believe that the mall will replicate the success of Mid Valley and in-troduce a whole new modern retail concept. In our view, Southkey is like-ly another Mid Valley in the making, based on the initial assumptions: i) a potential gross rental revenue of RM356 million to RM405 million per

annum (monthly rental of RM22 per square foot [psf] to RM25 psf versus prime market rate of RM27 psf); ii) a 70% net property income margin; and iii) acquisition price of between RM3.56 billion and RM4.05 billion, funded by 50:50 bank borrowings to new equity.

We expect IGB REIT’s earnings to remain resilient on: i) stable oc-cupancy rate (about 100%); (ii) an experienced management team; and (iii) more effi cient cost man-agement. We think its 2017-2019 distribution per unit (DPU) yields remain attractive at 5.4%-5.8% vis-à-vis the peer average of 5.4%-5.5%. Th e likelihood of sustained renew-als in 2017 (with 40% of Mid Valley’s and 42% of Th e Gardens Mall’s net lettable area due for renewals) and positive rental reversions continue to justify the higher DPU payouts in FY17-FY19, in our view. — Affi n Hwang Capital, Sept 27

IGB REIT’s Southkey seen to replicate Mid Valley’s success

IGB Real Estate Investment Trust

FYE DEC (RM MIL) 2015 2016 2017E 2018E 2019E

Revenue 489.2 507.3 543.7 561.0 580.9Net property income 342.8 361.1 385.7 399.6 415.8Reported net profit 254.0 277.8 304.1 317.6 334.1Realised net profit 254.0 277.8 304.1 317.6 334.1Distributable income 291.0 316.0 337.0 351.3 368.7EPU (sen) 7.3 8.0 8.7 9.0 9.4Realised EPU (sen) 7.3 8.0 8.7 9.0 9.4Realised EPU growth (%) 8.6 8.6 8.8 3.8 4.5Realised PER (x) 23.2 21.3 19.6 18.9 18.1DPU (sen) 8.19 8.71 9.12 9.44 9.85DPU yield (%) 4.8 5.1 5.4 5.6 5.8DPU payout ratio (%) 98 96 95 95 95NAV (RM) 1.06 1.05 1.05 1.06 1.06P/NAV (x) 1.61 1.62 1.61 1.61 1.60Affin/Consensus (x) 1.1 1.0 1.0Sources: Company, Affin Hwang forecasts, Bloomberg

Star Media Group Bhd

FYE DEC (RM MIL) 2016A 2017E 2018F 2019F

Revenue 932 624 410 345Ebitda 202.0 103.8 111.6 116.9Profit before tax 146.2 48.9 53.9 60.5Patmi 109.9 253.2 43.2 48.4Core Earnings 68.4 39.1 43.2 48.4Core EPS (sen) 9.3 5.3 5.8 6.6Net DPS (sen) 18.0 45.0 18.0 18.0Net dividend yield (%) 7.8 19.6 7.8 7.8PER (x) 24.8 43.4 39.4 35.1P/B (x) 1.4 1.5 1.6 1.7ROE (%) 5.5 3.4 4.0 4.9

ROA (%) 4.1 2.5 3.0 3.9 Source: HLIB Research

for Star Media to outperform the market in this segment.

Print revenue, which accounts for about 60% of total group reve-nue, is not expected to recover in the near term. In an eff ort to stimu-late the sunset business, Star Media will be entering into a partnership

with Singapore’s Th e Business Times and Th e Wall Street Journal, where subscribers of either platform will be able to enjoy a discounted sub-scription rate of the other. Further-more, Star Media will be taking its Power Talks to another level with more line-ups of business events and speakers exclusively for its business content subscribers.

Moving forward, outlook for the company remains subdued with challenges coming mainly from the digital disruption amid cautious advertising expenditure outlook. With the void left by Cityneon, we do not expect a swift recovery to its past profi tability despite ongoing trimming of expenditure. — Hong Leong Investment Bank Research, Sept 27

workers. In our earnings forecasts, we assume a more conservative average of 5,000 foreign workers monthly or 60,000 foreign workers annually. Th is would help MyEG generate an aver-age annual revenue of RM60 million. We assume 50% net profi t margin for the matching service (in line with the 50% net profi t margin from existing

My EG Services Bhd

FYE JUNE (RM MIL) 2016A 2017A 2018F 2019F 2020F

Revenue 282 372 593 859 1,115Operating Ebitda 162.7 233.8 342.2 445.1 609.2Net profit 142.4 200.1 288.7 364.6 501.7Core EPS (RM) 0.04 0.06 0.08 0.10 0.14Core EPS growth (%) 109 41 44 26 38FD core PER (x) 51.32 36.52 25.31 20.04 14.57DPS (RM) 0.013 0.020 0.030 0.040 0.040Dividend yield (%) 0.64 0.99 1.48 1.97 1.97EV/Ebitda (x) 44.29 30.86 21.18 16.01 11.14P/FCFE (x) 92.8 57.5 185.1 30.1 14.4Net gearing (%) (25.6) (17.3) (8.3) (18.5) (38.6)P/BV (x) 18.26 13.55 9.86 7.33 5.42ROE (%) 45.6 42.6 45.1 42.0 42.8% change in core EPS estimates (8.4) (19.1) 6.3CIMB/consensus EPS (x) 1.10 1.09 1.22Sources: Company data, CIMB forecasts

foreign worker service), hence an annual net profi t of RM30 million.

Overall, we estimate that the po-tential income from the new match-ing service will not be able to off set the loss of income from the delay in the implementation of the goods and services tax (GST) monitoring pro-ject. As such, we lower our fi nancial

year 2018 (FY18)-FY19 earnings per share (EPS) by 8.4%-19.1% mainly to refl ect the delay in the completion of the nationwide launch of GST mon-itoring project phase one. However, we raise our FY20 EPS forecast by 6.3% to refl ect higher earnings from foreign workers matching service. — CIMB Research, Sept 27

Moving forward, Star Media’s potential

acquisition to fi ll the void left by Cityneon will be very crucial to return to the previous level of profi tability.

In the next one year, MyEG is targeting to place out 100,000 foreign workers. In our earnings forecasts, we assume a more conservative average of 5,000 foreign workers monthly or 60,000 foreign workers annually. This would help MyEG generate an average annual revenue of RM60 million.

1 4 H O M E THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

Underground water sources being mappedTh is is to reduce country’s dependence on current water supply

IPOH: The minerals and geosci-ence department is in the process of identifying underground water resources nationwide to reduce the country’s dependence on the current water supply.

Natural Resources and Envi-ronment Deputy Minister Datuk Hamim Samuri said Malaysia has about five trillion cubic metres (m) of underground water.

He said a study was being car-ried out by experts on certain factors such as the rate of pro-duction as it was feared that an excessive amount could result in water contamination and sinking of the soil.

“The well exploration pilot

project is conducted at Sekolah Menengah Sains Bagan Datuk (Sabda) and it is to identify the underground water potential in the area,” he told reporters after opening the 8th Mineral Symposi-um and Minerals and Geoscience Conference on Tuesday night.

Participants of the biennial event, which was first held in 2002, include representatives from Asean countries.

The symposium is also among the activities listed in the Asean Minerals Cooperation Action Plan III (2016-2020).

Hamim further revealed that the quantity and quality of the un-derground water produced from the study at Sabda were good.

“The depth of the well is 135m and the water flow is about 4.5 million litres per day while the total dissolved solids measured in the laboratory showed the water to be a suitable raw water source,” he added. — Bernama

Suspects in tahfi z centre fi re to be charged today

KUALA LUMPUR: Some of the seven teenagers detained fol-lowing the tahfi z centre fi re in Datuk Keramat recently, will be produced in court here today.

Without disclosing the num-ber of those to face charges, Deputy Inspector-General of Police Tan Sri Noor Rashid Ibrahim said police had com-pleted investigations relating to the Sept 14 tragedy, which claimed 23 lives.

He said the investigations revealed that only some of the seven suspects were directly involved in starting the fi re at the tahfi z centre.

“Some were not actively in-volved ... For example, they were at the scene of the tragedy or were present during the dis-cussions (on the arson attack on the religious school).

“However, we will ensure appropriate action will be tak-en against those who were not actively involved in accordance [with] other sections of the law, such as drug off ences or oth-ers,” he told a media confer-ence at the Bukit Aman police headquarters here yesterday.

Asked about the process of gathering evidence that had caught public attention, Noor Rashid said the police would try their best to gather more evidence, including new leads to strengthen the prosecution’s case.

Noor Rashid said the police were still investigating the in-formation leak and details of the fi re.

“We’re still investigating how that information leaked out. I think we need to build awareness among our offi cers because [such leaks] impede our investigation process,” he said.

The 5.15am tahfiz centre fi re killed 21 students and two teachers, who were also war-dens. Th ey were trapped in the hostel on the top fl oor of the three-storey building.

Th e investigation is being conducted under Section 302 of the Penal Code for murder and Section 435 of the Penal Code for mischief by fi re. — Bernama

KEPALA BATAS: Th e Malaysian An-ti-Corruption Commission (MACC) has arrested the political secretary of a ministry to facilitate investi-gations into the misappropriation of an allocation channelled to the Skills Development Fund Corp.

MACC chief commissioner Tan Sri Dzulkifl i Ahmad said the MACC arrested the political secretary at 12.30pm and he would be brought to court today for a remand order to facilitate further investigations.

“Previously, we had arrested four people in connection with this case who were remanded and released on MACC bail. To-day (yesterday), MACC [arrested] another person, who is the polit-ical secretary of a ministry,” he told reporters after opening the Penang state-level Anti-Corruption Tour 2017 programme at Sekolah Kebangsaan Hashim Awang here yesterday.

Dzulkifl i said the political sec-

retary was the fi fth person arrested by MACC to facilitate investigations into the misappropriation of funds.

According to an MACC source, the offi cial is a member of the Sar-awak United People’s Party (SUPP) Serian branch.

“The person was arrested by MACC when he turned up to give statements at the MACC headquar-ters in Putrajaya at 12.30pm,” the source said.

On Sept 13, MACC arrested four

people for allegedly embezzling government funds totalling up to RM40 million meant for a skills cor-poration for training programmes.

Those arrested in a special MACC operation in the federal capital were a chief executive, 58; a corporate secretary, 34; an as-sistant fi nancial offi cer, 32; and a company director, 38.

All four were remanded for six days from Sept 14 and were later released on MACC bail. — Bernama

Minister’s aide detained over missing RM40m

PROMOTING BREAST CANCER AWARENESS ... ParkCity Medical Centre chief executive offi cer Chng Lin Ling (left) and consultant clinical radiologist Dr Evelyn Ho (centre) presenting the hospital’s contribution in aid of raising awareness about breast cancer to Breast Cancer Welfare Association of Malaysia (BCWA) president Ranjit Kaur at a panel discussion on the illness recently in Kuala Lumpur. The event, entitled ‘Opening Pandora’s Health Box: Living with Cancer — Is That Possible?’, was the hospital’s inaugural corporate social responsibility activity in collaboration with BCWA and Hospis Malaysia. Photo courtesy of ParkCity Medical Centre

Johor Sultan: This is not a Taliban state.

THE EDGE FILE PHOTO

The quantity and quality of the

underground water produced from the

study are good.

JOHOR BARU: Th e Sultan of Johor Sultan Ibrahim Sultan Iskandar has ordered a laun-derette in Muar to immediate-ly stop its controversial Mus-lim-only policy or leave the state, a news report said.

“I cannot accept this non-sense. Th is is Johor, which be-longs to Bangsa Johor and it belongs to all races and faiths. Th is is a progressive, modern and moderate state,” Sultan Ibrahim was quoted as saying by the Star Online.

“Th is is not a Taliban state and as the head of Islam in Jo-hor, I fi nd this action to be to-tally unacceptable as this is extremist in nature,” he said.

His Majesty said he had or-dered the state Islamic religious affairs committee chairman Abdul Mutalip Abd Rahim, the religious council and the dis-trict council to investigate the matter, the report said.

Th e Sultan had also spoken to Johor mufti Datuk Mohd Tahrir Samsudin as well as Ab-dul Mutalip, who is also the state exco member for religion, on the matter.

“I want the owner to apolo-gise to me and the people of Jo-hor. He has made Johoreans very angry and embarrassed because this is not the Johor we want.

“Th e owner has gone against the vision of a united, harmoni-ous, moderate and tolerant Jo-hor. If he still insists on carrying on the Muslim-only practice, he can leave Johor. I suggest he set up shop in Afghanistan. His thinking is sick and goes against everything that Johor stands for.”

His Majesty, who was visibly upset, said he and his fami-ly members were “deeply ap-palled” by the action of the launderette owner, saying that if it was not stopped, it would lead to more narrow-minded actions in the name of Islam.

Pictures of the launderette went viral last week when it was reported that it had a sign saying that only Muslims were allowed to use its machines, the news report said.

Johor Sultan tells launderette owner to stop Muslim-only policy or leave

C O M M E N T 1 5THURSDAY SEPTEMBER 28, 2017 • THEED G E FINANCIAL DAILY

Is this the end of Iraq?What does the Kurdish non-binding referendum really mean?

BY I A N S AYS O N & C EC I L I A YA P

JOHN Gokongwei oversees an em-pire spanning airlines, malls and property. Now the billionaire’s fam-ily is preparing to drive into online shopping as well.

Robinsons Retail Holdings Inc, one of three giants that dominate retail in the Philippines, has begun moving more of its US$2.7 billion (RM11.39 billion) empire online. Th e company plans to triple the number of supermarkets that ship web orders by 2018, said Robina Gokongwei-Pe, the tycoon’s daugh-ter and company president. Other parts of the conglomerate, includ-ing department stores, will even-tually follow.

Robinsons joins SM Invest-ments Corp and Ayala Corp in exploring e-commerce for a coun-try where life revolves around the old-fashioned mall. All three launched online shops or invest-ed in services over the past year, responding to a generation of smartphone-toting consumers exploring alternatives like Alib-aba Group Holding Ltd’s Lazada. Soul-crushing traffic congestion — rated among the worst in the

Retail billionaire gets taste for e-commerce as Alibaba nears

Gokongwei-Pe: The company plans to triple the number of supermarkets that ship web orders by 2018.

world — only accelerates that online migration.

Th e Gokongweis are quickening their eff orts as Alibaba and Am-azon.com Inc prepare to battle it out for Southeast Asia, a region of more than 600 million that is fast embracing online shopping. Th e family already has a small stake in Sea Ltd, the Southeast Asian giant preparing a US stock market debut. It has begun selling appliances and selected fashion online, through partners such as Zalora. But with supermarkets — the primary reve-nue driver — Robinsons is making its biggest foray into e-commerce. Online sales through a shopping site launched in May have so far shown promise, Gokongwei-Pe said.

“We’re seeing exponential growth in online retail,” she said in an interview. “Th is is the way to go given the horrible traffi c in ur-ban areas like Manila and a growing market of millennials.”

Robinsons will continue to build its brick-and-mortar network, par-ticularly in under-penetrated are-as. Th e company has yet to open a store in about 40% of provinces and cities, said Gina Roa-Dipaling, head of corporate planning. It is

adding 140 to 150 stores this year and will probably open another 140 in 2018 to sustain double-digit growth in earnings, Gokongwei-Pe said. It will also seek supermarkets and drugstores to acquire, she said.

But the shift online, while grad-ual, marks a turning point for a conglomerate that took patriarch Gokongwei’s second name when it opened its fi rst department store in 1980. Robinsons eventually moved into Home Depot-like home im-provement, pharmacies, then three years ago started building shopping centres near residential areas to reach a wider market.

Malls remain a fi xture of the Fil-ipino landscape, serving as gather-ing places, dining venues and even places of worship. But the spread of broadband, plus a growing famili-arity with e-commerce, drove dou-ble-digit growth in online retailing in 2016, according to Euromonitor International. Smartphone pene-tration is seen reaching 180% this year — meaning most people have two phones — while Internet sub-scribers are projected to approach 32 million in 2018, it said.

A generational divide is also be-coming clearer. Millennials aged 16 to 35 account for 85% of Robinsons supermarket’s online sales, while 65% of its brick-and-mortar store revenue comes from 31- to 50-year-olds, Gokongwei-Pe said. Tellingly, the average online shopper buys

fi ve times more than a traditional one, she said.

Still, the country is a latecomer to the Asian online shopping scene, lagging much of the region from Malaysia to Singapore — Lazada’s home base and now also Amazon’s fi rst Southeast Asian market. Only half a per cent of Philippine retail sales took place online in 2015, but that could rise to US$9.7 billion or 4.7% of the total by 2025, according to a report by Google and Temasek. On Monday, Lazada said it will begin selling select merchandise from Alibaba’s massive Taobao op-eration to Philippine consumers in coming weeks.

“Online retail isn’t going to ex-plode anytime soon but it’s good that Robinsons is making a push now while no one among the tra-ditional retailers is leading in this space,” said Grace Aller, an analyst with AP Securities Inc.

Seventeen of Robinsons’ 145 supermarkets now ship online pur-chases through delivery service Honestbee. Th at will rise to 26 by year’s end and 50 by the end of 2018, Gokongwei-Pe said.

“We are tapping into a new mar-ket,” she said. — Bloomberg

There are many wor-thy moments that in-dicate that America’s Iraq Wars have been a terrible, terrible waste — but as history loves

a signature event, let it be the Sept 25, 2017 Kurdish independence ref-erendum. While the referendum is non-binding and the final vote tally may not be known for several days (though it will certainly be “yes” to independence), the true results of America’s decades of war in Iraq are already clear.

Along with the ongoing decima-tion of Iraq’s Sunni population, the referendum means that in practice “Iraq” no longer exists. In its place is a Shi’ite state dominated by Iran, the de facto new nation of Kurdis-tan, and a shrinking population of Sunnis tottering between anni-hilation or reservation-like exist-ence, depending on whether the US uses the last of its infl uence to sketch out red lines or abandons the people to fate.

The waste comes in that a bet-ter version of a de facto tristate Iraq was available in 2006. Every life lost (out of a million some, in-cluding 4,424 Americans), every dollar spent (in the trillions), and every unanticipated outcome suf-fered (rise of Islamic State [IS], conflict in Syria, de-democrati-

BY P E T E R VA N B U R E N sation of Turkey) since then has been unnecessary.

Th e post-World War One failure to create a Kurdish state resulted in 30 million Kurds scattered across modern Iraq, Iran, Turkey, and Syria. The 2003 American inva-sion of Iraq destroyed civil order in much of the area populated by those Kurds and opened the door to Iranian infl uence. Iran and its Iraqi-Shi’ite allies directed political violence against Iraqi Sunnis, pav-ing the way for a Sunni protector, IS, to move in.

When the American-trained (cost: US$25 billion) Iraqi nation-al army dropped its weapons and ran in 2014, and Shi’ite militias proved too weak to fi ll the breach, Obama reinserted the American military into Iraq, saving the Kurds, by then also under threat from IS. Th e US subsequently turned those Kurdish fi ghters loose in Iraq and later Syria against IS. It was expe-diency over strategy; there was no force otherwise available in bulk.

And it kind of worked. In the short run.

Th e Kurds, with American help, blunted IS’s progress. Th e prob-lem was that while American di-plomacy, the carrot-and-stick of aid, and the diffi culty of maintain-ing long-distance logistics saw the Kurdish forces replaced by Shi’ite militias in some locations; the Kurds held on to their gains in the north, having in most instances displaced Iraqi Sunnis. Victori-ous and bloodied, the Kurds were

not about to renounce their hard-earned gains.

Th e need for American arms did force Kurdish leaders to postpone an independence referendum, opposed by Washington, in 2014. Th ree years later, with IS mortally weakened, Washington no longer holds sway over Kurdish ambitions. And although the Sept 25 referen-dum has no legal force, Kurdish leaders will use the vote to push Baghdad for full autonomy. Don-ald Trump, the fi fth consecutive American president to make war on Iraq, may be the last — simply for lack of an Iraq to fi ght over.

The ground truth of autumn 2017 — a Kurdistan in the north, a Shi’ite state in the south, a mar-ginalised Sunni population out west — is pretty much the deal that could have been had in 2006 when then-Senator Joe Biden proposed dividing Iraq into statelets. Biden wanted the US to leave a “residu-al force to combat terrorists and keep the neighbours honest.” Th e Senate actually passed a resolution supporting Biden’s idea.

It probably would have stabi-lised the region. Th e Middle East in 2006 was a very diff erent place.

In 2006 Iran faced an American military as yet undamaged by an additional decade of grinding war. That military sat on both Iran’s western border with Iraq and its eastern border with Afghanistan. The Iranian nuclear programme was years behind where it is to-day. Syria was a relatively stable

place under not-then-yet-enemy of the free world Bashar al-Assad; indeed, the British-educated As-sad was initially seen as a minor reformer. Turkey was stable. Rus-sia was not a major player in the Middle East.

With many of 2017’s regional Pandoras still in the box, by Mid-dle Eastern standards security in a divided Iraq would have been manageable via a modest Ameri-can military presence.

Instead, events of the last dec-ade mean the chance of Kurdish independence adding to regional stability is near zero. Iran, fearing that an independent Kurdish state could threaten its own sectarian balance, is already conducting ma-noeuvres on the border, has can-celled fl ights to and from Kurdistan, and will push its proxies in Bagh-dad to take action. Will Turkey, now politically distant from Nato, move to open war over disputed borderlands with Kurdistan? Th e Turkish parliament just extended its authorisation for cross-border incursions for another year. Will Kurdish minorities in Turkey and Iran see this all as their moment to rise? Will Israel, which backs Kurd-ish independence in its search for regional allies, supply weapons?

In a best-case scenario, where everyone tacitly acknowledges Kurdistan while maintaining the status quo (as with Taiwan, which offi cially exists as a part of China even as it acts like an independent nation) there may be a measure of

stability in the near term. Baghdad will talk tough even as it allows the Kurds a surprising amount of free reign — for example, Baghdad has withdrawn its police from contest-ed Kirkuk, leaving Kurdish forces fully in charge of the oil-rich city. Kurdistan already has full control over its own education, security, military, taxes, and diplomatic rep-resentation.

American policy has been a blur-ry grey for some time, calling for the referendum to be postponed without actually supporting or op-posing independence.

What seems clear is the Ameri-can role going forward will be most-ly limited to diplomacy, and that, regardless of who is carrying out the task, is not the country’s strong suit these days. Th ere seems no appe-tite in Washington for large-scale troop redeployments, the kind of boots-on-the-ground necessary to decisively shape events.

Th e American military, which once could have played a role sim-ilar to its help in bringing peace to former Yugoslavia, instead will exist as a crumple zone among its own warring semi-allies. Such a scenar-io exposes what might have been in 2006 when the US could have managed events, and 2017, when America can do little more than witness them. — Reuters

Peter Van Buren is a 24-year State Department veteran and the author of books on foreign policy.

1 6 W O R L D B U S I N E S S THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

Uber, Kalanick sued for scandal-related losses SAN FRANCISCO: Uber Tech-nologies Inc and former chief executive offi cer (CEO) Travis Kalanick were accused in a law-suit of covering up a series of “illicit business tactics” while raising funds, leading to bil-lions of US dollars in losses for the ride-hailing giant’s in-vestors. The start-up and its ex-CEO failed to reveal at least six instances of malfeasance while “successfully soliciting billions of dollars in private in-vestment”, according to a com-plaint filed on Tuesday as a class action in San Francisco federal court. A trade-secrets lawsuit by Waymo, a federal foreign bribery probe and fall-out from sexual harassment allegations are among the le-gal woes that have depressed shareholders’ investments in the company by 15%, according to the complaint. — Bloomberg

US slaps sanctions on N Korean banks, executivesWASHINGTON: The US im-posed sanctions on eight North Korean banks and 26 executives on Tuesday, ratch-eting up pressure on the coun-try amid increasingly bellicose exchanges with Pyongyang over its nuclear programme. “This further advances our strategy to fully isolate North Korea in order to achieve our broader objectives of a peace-ful and denuclearised Korean peninsula,” US Treasury Secre-tary Steven Mnuchin said in a statement. Th e new sanctions target North Koreans working as representatives of North Korean banks in China, Rus-sia, Libya and the United Arab Emirates. — AFP

SK Hynix board backs plan to invest in Toshiba unitSEOUL: South Korea’s SK Hynix Inc said yesterday its board had approved its participation in a consortium led by Bain Capital that plans to purchase Toshiba Corp’s memory chip unit for ¥2 trillion (RM74.81 billion). SK Hynix said in a statement it will invest ¥395 billion. A spokes-man for Toshiba said the fi rm was aiming for a signed deal as soon as possible. Th e Bain-led consortium will hold 49.9% of the voting rights in the chip unit, while Toshiba will hold 40.2% and Japan’s Hoya Corp will own 9.9%, the statement said. — Reuters

‘Nippon Life in talks for stake in fund manager TCW’TOKYO: Japan’s biggest pri-vate-sector life insurer, Nip-pon Life Insurance Co, is in talks to buy a minority stake in US investment company TCW Group, sources with direct knowledge of the deal said yes-terday. Th e Nikkei business dai-ly reported Nippon Life was in talks to take a 20% to 30% stake in TCW from Carlyle Group, which owns about 60%, adding that it aimed to close the deal by year end. — Reuters

I N BR I E FSaudi allows women to driveIt is a royal opportunity for automakers to make further inroads into the kingdom

HONG KONG: Billionaire Li Ka-shing’s CK Hutchison Hold-ings Ltd and Jack Ma’s Ant Fi-nancial unit will form a joint venture (JV) to off er a digital wallet service in Hong Kong.

Th e wallet will come under the AlipayHK brand, which was already launched in May, CK Hutchison said in a statement on Tuesday. Th e mobile app will allow users to make in-store payments in 4,000 retail outlets and will also off er in-surance products and food and beverage vouchers.

The venture comes after the Hong Kong Monetary Au-thority started granting li-cences to operators last year that allowed consumers to store money in local versions of online wallets. The city’s de facto central bank has grant-ed five stored-value facilities licences in total, with Chinese tech giant Tencent Holdings Ltd also approved to offer digital wallets to consumers in Hong Kong.

C a n n i n g F o k , g r o u p co-managing director of CK Hutchison, said the venture will benefit the telecommuni-cations and retail customers of the conglomerate, which runs the Watsons health-and-beauty chain in the city. It will also help CK Hutchison penetrate the lucrative mo-bile payment arena.

CK Hutchison shares gained 0.9% as of 10.59am in Hong Kong yesterday, bringing their advance this year to 14%, com-pared with the benchmark Hang Seng Index’s 26% surge.

The JV is expected to be completed by the end of this year, subject to regulatory ap-proval, according to the state-ment. — Bloomberg

Li Ka-shing, Jack Ma to bring digital wallet to HK

BY J E F F G R E E N & J A M I E B U T T E R S

MICHIGAN: Th e ultraconservative kingdom of Saudi Arabia has issued an order allowing women to drive, ending a long-standing policy that has cast an unfl attering light on the country’s treatment of women. It is also a royal opportunity for global automakers eager to make further inroads into the Middle East’s big-gest economy.

Saudi Arabia’s move to open up its auto market to about half of its 32 million total population will have a profound impact on vehicle demand, driving habits and even immigration patterns in a country where low-wage immigrants from

Bangladesh and the Philippines often work as hired drivers.

Market leaders such as Toyota Motor Corp and Hyundai Motor Co, whose hulking sport utility vehicles are a fi xture on Saudi roadways, may need to boost inventory of small-er models such as compacts and sedans for single working women and female students, analysts say. On the fl ip side, app-driven, hired driver services like Uber Technolo-gies Inc could experience a drop in demand, as more women buy their own cars and get behind the wheel.

Th e change by King Salman Ab-dulaziz to issue driver’s licences to women starting June is the latest twist in a far larger eff ort to modern-

ise and economically diversify the kingdom and lessen the economy’s dependence on oil. Activists have repeatedly defi ed the ban, launch-ing campaigns in which women have been fi lmed getting behind the wheel illegally. Saudi Arabia is the last country in the world to be lifting such restrictions.

“Th is is very exciting,” said Re-becca Lindland, an analyst with car-shopping website Kelley Blue Book, who worked in Saudi Arabia for more than two years. “It’s not going to be without obstacles, but it’s a huge step forward in terms of Saudi Arabia recognising the con-tributions that women can make to the economy.”

Japanese automaker Toyota ac-counted for 32% of the 676,000 ve-hicles sold in Saudi Arabia last year, while South Korea’s Hyundai ranked second with 24% market share, ac-cording to Jeff Schuster, an analyst with LMC Automotive. Th e country ranks 21st out of the 198 markets the researcher tracks, he said.

US manufacturers have a big op-portunity if they can appeal to Saudi women’s tastes in fashion and tech-nology with culturally sensitive mar-keting on television and on social me-dia, said Nahed Eltantawy, a professor of journalism at High Point University in North Carolina, who has edited a book on women and media in the Middle East. — Bloomberg

LONDON: Uber Technologies Inc went to a British employment ap-peal tribunal yesterday to argue that its drivers are self-employed, not workers entitled to a range of extra benefi ts, less than a week af-ter the fi rm was told it would lose its London licence.

Last year, two drivers success-fully argued at a tribunal that the

HONG KONG: Construction workers have already started the work toward fi lling in part of the South China Sea to make room for Hong Kong airport’s third runway. Th e project is also set to make bankers busy.

The Airport Authority Hong Kong needs to raise HK$69 billion

Uber defends business model at UK tribunalBY C O S TA S P I TA S ride-hailing fi rm exerted signifi cant

control over them to provide an on-demand taxi service and had responsibilities in terms of work-ers’ rights.

At the two-day appeal hearing starting yesterday Uber was set to argue that its drivers are self-em-ployed and work the same way as those at long-established local taxi fi rms, according to a court docu-ment seen by Reuters. Th e self-em-

ployed are entitled to only basic protections such as health and safety, but workers receive ben-efi ts such as the minimum wage, paid holidays and rest breaks. Th is would add to Uber’s costs and bu-reaucracy across Britain.

“Almost all taxi and private-hire drivers have been self-employed for decades before our app existed,” an Uber spokesman said before the hearing. — Reuters

HK airport needs HK$69b debt for third runway — reportBY D E N I S E W E E & A N N I E L E E (RM37.31 billion) to fund the run-

way, and should consider selling bonds and tapping the loan market, according to a report by its fi nan-cial consultant HSBC Holdings plc.

Asia’s busiest international air-fi eld needs capacity to counter grow-ing competition from North Asia.

The construction of the third runway, estimated to take eight

years, will require massive cap-ital expenditure for the govern-ment-backed airport authority. In addition to the borrowings, the authority will need another HK$47 billion, funded by its oper-ating surplus, and HK$26 billion, to be fi nanced through the airport construction fee, the study said. — Bloomberg

BY P R U D E N C E H O

WWW.THREERUNWAYSYSTEM.COM

1 8 W O R L D B U S I N E S S THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

UK banks might become test bed in fi ght against cyberattacks LONDON: Britain’s banks may have to comply with the world’s fi rst set of rules for coping with cyberattacks and other outages, Bank of England (BoE) depu-ty governor Sam Woods said on Tuesday. Th e theft of £2.5 million from 9,000 customers of Tesco Bank last November rang alarm bells for regulators and put cyber security high up on their priority list. Woods said a landmark case like that of Tesco Bank, where money was actually stolen from cus-tomers accounts, it is impor-tant to ensure the bank has enough capital to safeguard customers — but this was not enough. — Reuters

EasyJet joins forces with US start-up to develop electric plane LONDON: EasyJet plc is work-ing with a US engineering start-up to develop a fully electric commercial plane within a dec-ade, the low-cost British airline said yesterday. Founded last year by a team of engineers and battery chemists, US-based Wright Electric is setting its sights on designing an aircraft that can fl y 335 miles (539km). Th at would cover 20% of the passengers EasyJet fl ies today, the airline said in a statement. Since demonstrating that the technology works in a two-seat-er plane, Wright has worked with EasyJet this year to scale up to commercial proportions. — Bloomberg

Tesla is said to shift to Intel from Nvidia for infotainment SAN FRANCISCO: The giant information and entertainment screens in Tesla Inc’s cars will be powered by new compo-nents from Intel Corp after the automaker replaced chip supplier Nvidia Corp for that function, according to people familiar with its plans. Tesla’s Model 3 and new versions of its other cars will get the new Intel processing modules, said the people, who asked not to be identifi ed speaking about a private agreement. Nvidia and Intel declined to comment. Te-sla declined to comment. — Bloomberg

JPMorgan loses more than US$4b verdict to widow in probate fi ght DALLAS: JPMorgan Chase & Co was ordered by a Dallas jury to pay more than US$4 billion (RM21.83 billion) in damages for mishandling the estate of a former American Airlines exec-utive, but the verdict will proba-bly be knocked down on appeal. Jo Hopper and two stepchildren won the probate court verdict over claims that JPMorgan mis-managed the administration of the estate of Max Hopper, who was described as an airline tech-nology innovator in a statement issued by the family’s law fi rm. — Bloomberg

I N BR I E FJames Dyson eyes electric carsTh e vacuum cleaner king says he wants to tackle Britain’s air pollution crisis

BY J O S E P H W H I T EBY G I N A C H O N

BY J E A N - B A P T I S T E O U B R I E R

LONDON: Britain’s James Dyson, who announced a plan to develop electric cars on Tuesday, is the self-styled king of vacuum cleaners who revolutionised the household appli-ance and became a global brand.

Th e astonishing success of his bagless cyclone vacuum cleaners which he invented in the late 1970s have made him one of Britain’s best-

known businessmen and drawn comparisons with Apple’s Steve Jobs.

He announced his latest venture on Tuesday saying he wanted to tackle Britain’s air pollution crisis and would invest £2 billion (RM11.3 billion) in developing the car and battery. “Th e team is already over 400 strong, and we are recruiting aggressively. I’m committed to in-vesting £2 billion on this endeav-our,” he said.

Referring to air pollution, he add-ed: “It is a problem that others are ignoring.”

“I really embrace failure, you learn nothing by a success but fail-ure is exciting because something has gone wrong and you’ve had a real visceral experience, so I like it and you learn from it,” he told BBC Radio in a recent interview.

More recently, the 70-year-old billionaire inventor threw his weight

behind Brexit, arguing that Europe-an Union (EU) exit would not impact the nation’s trading position.

“So if we leave the EU no one will trade with us? Cobblers,” he said ahead of the June 2016 referendum.

“We will create more wealth and more jobs by being outside the EU. We will be in control of our destiny.

“And control, I think, is the most important thing in life and business,” he added. — AFP

DETROIT: Ford Motor Co said yes-tereday it will collaborate with Lyft to deploy Ford self-driving vehicles on the ride services company’s net-work in large numbers by 2021.

Ford and Lyft teams will begin working together to design software to allow Ford vehicles to communi-cate with Lyft’s smartphone apps.

Ford self-driving test vehicles will be connected to Lyft’s network, but at fi rst, customers will not be able to use them, Sherif Marak-by, Ford’s vice-president for au-

tonomous vehicles and electrifi -cation, told Reuters. Ford will put human-driven vehicles on Lyft’s network.

He did not say when Ford and Lyft expect to off er the fi rst rides in self-driving cars.

“We’re not building prototypes for the sake of building prototypes,” Marakby said, adding Ford intends to ultimately put thousands of self-driving vehicles in use.

Ford shares are down 1.65% so far this year, while Detroit rival Gen-eral Motors Co shares have risen 15.6%, and Fiat Chrysler Automo-

biles NV shares are up 71%.Hackett’s plans to compete for

revenue from mobility services, which include car sharing and ride-hailing, will be one area of focus for investors. Th e Lyft part-nership fi lls in a piece of the puzzle.

Ford also is testing delivery services using self-driving vehi-cles and a van shuttle service. Th e self-driving vehicles Ford will de-ploy through Lyft will use software developed by Argo AI, a company in which Ford is investing US$1 billion (RM4.22 billion) over the next fi ve years. — Reuters

Ford will collaborate with Lyft to deploy self-driving cars

MUNICH/PARIS: Siemens AG and Alstom SA agreed to merge their rail businesses in a deal that brings together former arch-rivals from Germany and France to create a European transportation giant aimed at countering competition from China.

Siemens will transfer its business making train and transit cars and signalling equipment to Alstom in exchange for stake of just above 50% in the enlarged company, according to a statement. Th e renamed Sie-

mens Alstom, with sales of about €15.3 billion (RM75.90 billion), will remain based in the Paris area. Al-stom chief executive offi cer (CEO) Henri Poupart-Lafarge will keep his position and the chairman will be named by Siemens.

“We need to strengthen our abil-ity to compete,” Siemens CEO Joe Kaeser said in a video about the tie-up, which the companies call a merger of equals. “A dominant player in Asia has changed global market dynamics.”

Th e combination will give the German company control of an icon of French industry that de-

veloped the high-speed TGV trains that zip across the countryside at upwards of 300km an hour. French President Emmanuel Macron’s gov-ernment backed the deal after re-ceiving assurances on jobs, and it comes just days after German Chancellor Angela Merkel was re-elected on a platform of closer European ties. Capping years of speculation in the industry about the need for consolidation, the tie- up could mirror the emergence of European planemaker Airbus in the 1970s that went on to become the biggest competitor to Boeing Co. — Bloomberg

WASHINGTON: A botched probe into a hack at the US Securities and Exchange Commission (SEC) is a warning for other regulatory agen-cies. Chair Jay Clayton told senators on Tuesday that he doesn’t know the exact timing of a 2016 breach and his predecessor may not have been notifi ed. It is troubling given the sensitive market data kept there.

During a Senate hearing, Clayton shed little fresh light on the breach into the SEC’s corporate disclosure fi ling system, which the agency dis-closed only last week. Clayton said he only learned about it in August, a few months after he joined the agen-cy. He also said he does not have any reason to believe that his prede-cessor, Mary Jo White, was notifi ed. Agency bosses do not have to be told about every hack, but a breach into the SEC’s electronic data gathering, analysis and retrieval, also known as Edgar, fi ling system, which is used by public companies and relied upon by investors, should have been re-ported promptly to the top.

Senators asked whether the hack raises concerns about other data housed at the SEC, including the con-solidated audit trail scheduled to go live later this year. Th at will contain a record of orders for most equity and listed option trades, and non-public information about the customers behind them. Even before the SEC hack was revealed, stock exchanges and traders were worried about the potential for cyberattacks on the CAT.

At the Commodity Futures Trad-ing Commission, investment fi rms have been worried about an auto-mated trading plan that would give the agency access to trading-firm source codes without a subpoena. Th e agency is revising the rule after an industry backlash, but it is still likely to push for a database of trading records.

Several other regulators also house market-moving information, includ-ing enforcement actions. Deal reviews are conducted by the justice depart-ment, the federal communications commission and the federal trade commission. Th e food and drug ad-ministration’s decisions on whether to approve new medications are closely watched by investors. — Reuters

Siemens to merge rail operations with French rival AlstomBY O L I V E R S A C H G AU & A N I A N U S S B AU M

Botched SEC hack probe a warning for other agencies

W O R L D 1 9THURSDAY SEPTEMBER 28, 2017 • THEED G E FINANCIAL DAILY

Banker to appeal convic-tion over HK murdersHONG KONG: Former British banker Rurik Jutting, who was jailed for life in Hong Kong last year for the gruesome murders of two Indonesian women he tortured in his luxury apart-ment, is planning to appeal, his lawyer said yesterday. Jutting, a former Bank of America em-ployee who is in his early thir-ties, denied murdering Sumarti Ningsih, 23, and Seneng Muji-asih, 26, in 2014 on the grounds of diminished responsibility due to alcohol and drug abuse and sexual disorders. He had plead-ed guilty to the lesser charge of manslaughter. Th e jury unani-mously found Jutting guilty of murder and he was sentenced to life in prison in Hong Kong. Jutting’s lawyer Michael Vidler said his appeal hearing would take place on Dec 12. — Reuters

Apple, Fitbit to join FDA programmeWASHINGTON: A federal agen-cy that regulates apples wants to make regulations on Apple Inc a little easier. Th e Food and Drug Administration (FDA), which oversees new drugs, medical devices and much of the US food supply, said on Tuesday that it had selected nine major tech companies for a pilot pro-gramme that may let them avoid some regulations that have tied up developers working on health software and products. Th e pro-gramme is meant to let the com-panies get products pre-cleared rather than going through the agency’s standard application and approval process that can take months — Bloomberg

Twitter to test 280-character tweetsNEW YORK: Th e days of Twit-ter Inc limiting messages to 140 characters, a signature of the so-cial network since its launch in 2006, may be numbered. Twitter said on Tuesday that it would begin a test with a random sam-ple of users allowing them to send tweets that are as long as 280 characters, double the ex-isting cap, in most languages around the world. It has stood by its short messages as a defi n-ing characteristic — like chirps from a bird, which is the compa-ny logo — even as users found ways around the limit, such as posting photos of text. — Reuters

Singapore blogger wins US ruling for asylumCHICAGO: A young Singapore-an blogger who says he was per-secuted for his political opinions in the Southeast Asian country was released on Tuesday from US detention in Chicago after a federal immigration panel ruled in his favour. Th e federal Board of Immigration Appeals upheld a March decision by a Chicago immigration judge granting asy-lum to Amos Yee, 18, who had been jailed twice in Singapore for social media postings criti-cal of government offi cials, his attorneys said on Tuesday. — Reuters

I N BR I E FYingluck sentenced to fi ve years in jailHer lawyer says an appeal is being discussed

WASHINGTON: US Senate Re-publicans have aborted their latest plan to dismantle Oba-macare, they said on Tuesday, after it became clear President Donald Trump’s party did not have enough support to pass the measure.

Grim-faced lawmakers, who hoped to hold the vote this week, made the announcement shortly after a Republican luncheon in which senators discussed the impasse, and possible future paths forward for their eff orts to repeal and replace Barack Oba-ma’s landmark 2010 healthcare reforms.

“We’ve made the decision that since we don’t have the votes we will postpone that vote,” Senator Bill Cassidy, one of the bill’s main authors, told reporters.

Republicans had scrambled to pass healthcare reform be-fore Saturday’s deadline, using special rules that would have allowed them to avoid a Demo-cratic fi libuster and pass the bill with a simple majority.

Republicans could aff ord just two defectors in the 100-member chamber. But three, including most recently Senator Susan Col-lins, have declared their oppo-sition. Th e party, still searching for a fi rst major legislative victory under the Trump administra-tion, will now turn to another Trump priority: Tax reform.

Despite the latest collapse, Senator Lindsey Graham insist-ed the eff ort to sink Obamacare was still alive and kicking.

“We’re coming back to this after taxes,” Graham said. “We’re going to get there.”

But Democrats immediate-ly claimed victory, with Senate minority leader Chuck Schum-er saying that “the healthcare of millions has been protected and preserved.” — AFP

Republicans pull plug on latest Obamacare repeal bid

BY AU K K A R A P O N N I YO MYAT

BANGKOK: Thailand’s Supreme Court sentenced former prime minis-ter Yingluck Shinawatra in absentia to fi ve years in prison yesterday for mis-managing a rice subsidy scheme that cost the country billions of dollars.

Yingluck fl ed abroad last month fearing that the military government, set up after a coup in 2014, would seek a harsh sentence.

For more than a decade Th ai poli-tics have been dominated by a power struggle between Th ailand’s tradi-tional elite, including the army and affl uent Bangkok-based upper class-es, and the Shinawatra family, which

COX’S BAZAR (Bangladesh): Th e UN has drawn up a contingency plan to feed up to 700,000 Muslim Rohingya refugees from Myanmar after some 480,000 fl ed to Bang-ladesh over the past month and arrivals continue.

A senior offi cial from the UN’s World Food Program (WFP) told AFP they were now prepared to provide massive food and other emergency aid if the infl ux continues in com-ing weeks.

Rohingya have been fl eeing Rakh-ine state in northeast Myanmar for decades. Th e new infl ux began on Aug 25 when deadly attacks by Ro-hingya militants on Myanmar police

posts prompted a huge crackdown by the military.

Dipayan Bhattacharyya, WFP deputy chief in Bangladesh, said the hunger situation in camps has improved as food aid from WFP and other agencies is now reaching the refugees.

He said the plan also covers some 300,000 Rohingya who were already sheltering in southeast Bangladesh before the latest influx began — meaning it could cater for a million people in total.

“No one would be left out from any humanitarian assistance,” he said, adding that the WFP would need about US$80 million (RM337.60

million) for the massive aid. UN High Commissioner for Ref-

ugees Filippo Grandi said there had been an “incredible outpouring of local generosity” but that now needed to be “beefed up by massive international assistance, fi nancial and material”.

A UN offi cial last week said it would need US$200 million over the next six months to handle the Rohingya crisis.

The UN made an emergency appeal for US$78 million on Sept 9, but UN resident coordinator in Bangladesh Robert Watkins said much more would be needed as the exodus grows. — AFP

SINGAPORE: An electric car-shar-ing service will be launched in Sin-gapore in December, in what the company behind the scheme said yesterday was a fi rst for Southeast Asia.

BlueSG, a subsidiary of France’s Bollore Group, said that 80 cars and 30 stations where vehicles can be picked up and dropped off would be operational by the end of the year.

Th e group plans to roll out 1,000 of its custom-built Bluecars by 2020, as well as numerous stations and charging points.

Th e affl uent city-state — whose generally uncongested roads are a contrast to many traffi c-choked cit-ies in the region — has become a test bed for transport innovations. Last year it hosted a limited public trial of the world’s fi rst driverless taxis.

Marie Bollore, from Blue Solu-tions, said Singapore was a launch

includes Yingluck’s brother, former prime minister Th aksin Shinawatra, who was also ousted by a coup.

Yingluck had faced up to 10 years in prison for negligence over the costly scheme that had helped get her elected in 2011.

Yingluck had pleaded innocent and had accused the military gov-ernment of political persecution.

Nine judges voted unanimous-ly to fi nd Yingluck guilty in verdict reading that took four hours, and a warrant was issued for her arrest.

Th e court said Yingluck knew that members of her administration had falsifi ed government-to-government rice deals but did nothing to stop it.

A former commerce minister in her government was jailed for 42 years last month for falsifying gov-ernment-to-government rice deals in connection with the subsidy scheme.

Norrawit Larlaeng, a lawyer for Yingluck, told reporters outside the court that an appeal was being dis-cussed.

Under the rice scheme, Yingluck’s government bought rice from farm-ers at above-market prices, leading to stockpiles of the grain and distort-ed global prices of the commodity. Losses amounted to US$8 billion, the military government has said. — Reuters

UN plans food aid for up to 700,000 Rohingya

Electric car-sharing service to roll into Singapore

pad for the company to enter the Asian market.

Th e service is being rolled out with the help of the authorities.

Land Transport Authority chief technology offi cer Lam Wee Shann said the initiative would “lay the foundation” for a network of elec-

tric vehicle charging stations, and support the growth of electric car use in Singapore.

Blue Solutions is the world’s big-gest operator of electric car-sharing services, with 5,000 other electric vehicles in eight cities — including Paris and Lyon in France, Turin in Italy and Indianapolis in the US.

In Singapore, users will be able to book an electric car online or via a mobile app, and charged for the time they rent the vehicle rather than the distance travelled.

Th ere will also be an option for a daily or annual membership.

Slightly bigger than a Smart car, the two-door, four-seater Bluecars are designed with Italian coach-builder Pininfarina. — AFP

A BlueSG Electric Vehicle car seen docked at a charging station. Photo by TODAYONLINE

20 live it! W E L L B E I N G . T H E A R T S . W I N E + D I N E . S T Y L E + D E S I G N . L E I S U R E

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CHECK out the exhibition Between States today. Referencing the regional haze cri-sis, this exhibition explores the current geopolitical landscape through the eyes of four artists. They examine the conditions and limits of everyday practice up against large and unseen forces. The artists in the exhibition include Candice Ng, Sharon Chin as well as Filipino artists Ian Carlo Jaucian and Miguel Inumerable. The exhibition will be on until Oct 27 and is open from 11am to 7pm. The exhibition will be held at OUR ArtProjects@ The ZhongShan Building, 80 Jalan Rotan, off Jalan Kampung Attap, Kuala Lumpur. For more information visit www.ourartprojects.com.

HEAD to Pisco Bar tonight to catch Rozz per-form live. Known for being an eclectic artist, Rozz is particularly inspired by the likes of Freddie Mercury and Barbra Streisand. Today he will be channelling his inner Abba and Bee Gees for a high energy pop and disco performance. The performance will start at 9pm. Pisco Bar is located at 29 Jalan Mesui, Kuala Lumpur. Visit www.facebook.com/piscobarkl/ to fi nd out more details.

SHOP Uniqlo’s latest SPRZ NY EAMES collec-tion. The collection marks the groundbreak-ing contribution of American design couple, Charles and Ray Eames to modern design, art and culture. The SPRZ NY (Surprise New York) collection will showcase their timeless designs through graphic T-shirts and other items that merge fashion and art. The collection is now available at Uniqlo stores nationwide.

The Bulgarian villagers hun-ker over their books, strug-gling with their Mandarin words and Chinese char-acters.

But they are not going to China — the Middle Kingdom is coming to them. Because of yogurt.

“It’s diffi cult. You have to be quite tough not to give up,” says pensioner Tsvetka Radkova, 66, as she puff s and pants in the classroom in the village of Momchilovtsi in southern Bulgaria.

But her daughter Veselina, 37, ac-companied in the lessons by her nine-year-old little girl, trots out whole sen-tences in Chinese, to the cheers of her classmates.

Few Europeans, and not many Bul-garians for that matter, have heard of Momchilovtsi, perched high on the slopes of the Rhodope mountains in south-eastern Europe near the border with Greece.

But in China, Momchilovtsi conjures up images of mystery, wonder and lon-gevity, having given its name to a kind of drinking yogurt that is all the rage for Chinese consumers.

Th is summer Momchilovtsi played host to hundreds of Chinese visitors at-tending the village’s third Chinese-Bul-garian yoghurt festival.

Signs in Chinese are everywhere, di-recting visitors to the village hall for lectures on yogurt’s prodigious health benefi ts or to yogurt and cheese tastings.

Bulgarian village goes

Chinese in yogurt craze

EAST TO WESTChildren run around chirping “Ni

Hao” (“Hello” in Chinese) and giving out festival brochures and village maps in Bulgarian, Chinese and English.

A beauty pageant on the festival’s sec-ond day picked the new “Yogurt Queen” to adorn the Momchilovtsi packaging.

“Th ere’s two things every Chinese knows about Bulgaria — yogurt and roses,” said one visitor, Lei Lin from Shanghai.

Village of longevityTh e people of Momchilovtsi have been used to the sight of Chinese visitors ever since Chinese fi rm Bright Dairy in 2009 took back home the bacteria found in the local yogurt.

Crucially, the strain enabled Bright to develop for Chinese consumers drink-ing yogurt — drinkable with a straw, so easier to consume than the thicker stuff — that doesn’t need to be chilled.

But Bright didn’t forget its roots, branding its product “Momchilovtsi”, its label featuring a Bulgarian maiden in traditional dress and cultivating links with the village.

Known in Chinese by the shorter name “Mosili’an”, it’s the top seller in this booming sector, on sale in most su-permarkets and its adverts a common sight on bus stops and on television.

Its popularity has been helped by the contaminated milk powder scandal in China in 2008 pushing many consumers towards brands seen as international or traditional and therefore safer.

With its slogan “Th e miraculous se-cret of the village where people live a long life — Momchilovtsi”, sales were 6 billion yuan (RM3.82 billion) last year,

a Bright spokesman told AFP.“Momchilovtsi has been famous

as ‘the village of longevity’ because of the high number of centenarians living here,” Pan Jianjun, the spokesman, said on the sidelines of the festival.

Indeed, at least three participants in the language course — for which 40 locals have enrolled — told AFP they had family members who had lived to be over 100.

“Our research showed that one of the secrets of this longevity is the local yogurt,” Pan said.

Long and winding roadThe 1,200 inhabitants of Momchilovt-si already host about 1,000 Chinese tourists annually out of a total of 5,000 to 6,000 visitors, mayor Siyka Surkova told AFP.

“Th e numbers are growing every year and this is only normal considering the huge advertising campaign for the yogurt in China that also benefi ts us,” she added.

In 2014, the Chinese version of real-ity TV show Survivor was set in Mom-chilovtsi, with seven contestants thrown in with a local family armed only with a Chinese-Bulgarian dictionary.

But with just 18,500 Chinese visitors last year, Bulgaria is seriously lagging in the Europe-wide drive to attract Chi-nese tourists.

Direct fl ights between the two coun-tries are only but a dream, experts said.

Visitors to Momchilovtsi have to take an internal fl ight within Europe to Sofi a or Plovdiv. And from there it’s a long and winding journey of several hours up to the village — but worth it. AFP

A Chinese tourist (right) speaking with Bulgarian participants during the third Chinese-Bulgarian yogurt festival in the village of Momchilovtsi.

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Dubai stages fi rst public test of drone taxisTALK about rising above the masses.

Dubai staged the fi rst public test of its drone taxi service on Monday, off ering a peek at what it might — or will — be like to commute by fl ying car.

Th e self-piloting, electric Volocopter is less noisy and has a smaller physical and environmental footprint than a tra-ditional helicopter. Off ering space for two passengers, the 6.5ft (1.98m)-high copter is topped by a 22ft wide hoop studded with 18 rotors. In video of the test, the all-white drone rose, unoccupied, about 650ft over the sand near Jumeirah Beach Park, fl ew itself for about fi ve minutes, and then gently landed.

Th e fl ight was the latest step towards a major transportation shift for Dubai, which by 2030 aims to have 25% of local passenger trips take place in driverless vehicles. Dubai isn’t the most congested city — according to the Traffi c Index re-leased by navigation company TomTom NV in February, Dubai ranks No 85 in the world for bad traffi c — but its rulers are determined to create a hub for transpor-tation innovation.

“Encouraging innovation and adopt-ing the latest technologies contribute not only to the country’s development but also build bridges into the future,” said Sheikh Hamdan Mohammed Rashid Al Maktoum, crown prince of Dubai, in a statement.

Dubai had been working with Chi-nese drone maker EHang Inc, having an-nounced in March that air-taxi pickups would start over the summer; that didn’t come to pass. Th e emirate’s Road and Transport Authority (RTA) didn’t respond to a request for comment by press time.

Th e German-made Volocopter proto-type takes two hours to fully charge and can fl y for about 30 minutes at a cruising speed of roughly 30mph (48.28kph). It maxes out at roughly 60mph. For safety’s sake, the drone has redundant battery systems, propellers, motors, and fl ight controls — and, for the worst-case sce-nario, emergency parachutes. Th e manu-facturer says the fi rst licensed Volocopter should be on the market in 2018, but has yet to reveal a price.

A lot has to happen before drone tax-is become commonplace, even in Du-bai. Th e RTA says it will put a number of regulatory structures in place for what it’s dubbing the “Autonomous Air Taxi”; awaited are safety standards, routes, take-off and landing points, and more. if all goes well, users will eventually be able to use an app to request pickups at nearby voloports that connect to Dubai’s other public transport systems, such as metro, tram, and marine transport.

The Volocopter is far from the only passenger drone — or VTOL aircraft, for “vertical landing and take-off ” — in de-velopment for general use.

Th e A3 think tank from EADS Co’s Air-bus is working on the self-piloting sin-gle-seater Vahana, which is expected to have a fl ight range of around 50 miles. Airbus is marketing this not just as a po-tential air taxi, but also as a delivery drone or emergency vehicle. Th e company plans to start test fl ights of a full-scale prototype in Oregon this year.

Uber is partnering with other compa-nies to create its version of the fl ying car, which it plans to start testing in 2020. And Larry Page, co-founder of Google Inc and

01. The self-piloting, electric Volocopter is less noisy and has a smaller physical and environmental footprint than a traditional helicopter. Photos by AFP

02. Off ering space for two passengers, the 6.5ft high copter is topped by a 22ft wide hoop studded with 18 rotors.

03. In video of the test, the all-white drone rose, unoccupied, about 650ft over the sand near Jumeirah Beach Park, fl ew itself for about fi ve minutes, and then gently landed.

04. The manufacturer says the fi rst licensed Volocopter should be on the market in 2018, but has yet to reveal a price.

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chief executive offi cer of its parent com-pany Alphabet Inc, has invested more than US$100 million (RM422 million) in Kitty Hawk Corp, whose electric Flyer looks like Spiderman’s airborne motor-cycle, with a ring of nets surrounding its seat and pontoons for landing.

Capable of fl ying at a height of 15ft over water, the Flyer isn’t self-driving but is classifi ed as an ultralight aircraft by the Federal Aviation Administration, so a full pilot’s licence isn’t required — as long as you fl y it in “uncongested areas”. It’s supposed to be available by the end of the year. — Bloomberg

2 2 S P O RT S THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY

Nike declines after it gives bleak outlook It expects North American sales to fall again this quarter

BY M AT T TO W N S E N D

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Djokovic to keep Agassi as head coach BELGRADE: Novak Djokovic will keep Andre Agassi as his head coach when he returns to action after recovering from an elbow injury which forced him to cut short his season in July, Serbia’s former world number one said on Tuesday. “We can confi rm that Agassi remains the head coach while Italian Marco Panichi will take over as the fi tness coach and Argentine Ulises Badio is the new physio,” Djokovic’s press offi ce said in a statement. “Th e only remaining issue is ap-pointing a second coach and that will complete the staff ac-companying Djokovic in 2018.” — Reuters

Mickelson prepares for 12th Presidents CupJERSEY CITY (New Jersey): It is diffi cult to decide whether it is more impressive that Phil Mick-elson has played every Presi-dents Cup or that he has only once been on a losing US team. Mickelson will play his 12th con-secutive Presidents Cup when he tees up at Liberty National today against an International team from the rest of the world, excluding Europe. He has not missed a Ryder Cup either since his debut in 1995, which means he will make his 23rd team ap-pearance for the red, white and blue, a remarkable record not just of sustained excellence, but also of having avoided serious injury. — Reuters

Ronaldo double hands Real fi rst win in Dortmund DORTMUND (Germany): Cris-tiano Ronaldo scored twice in his 150th European appearance to give Real Madrid a 3-1 victo-ry at Borussia Dortmund, their fi rst against them in Germany, and make it two wins out of two matches in their Cham-pions League Group H. Ron-aldo, who has now scored 411 goals in his 400 Real appear-ances, grabbed their second of the evening after a fi ne eff ort from Welshman Gareth Bale, who had put them ahead with a superb volley in the 18th min-ute. Th e Portuguese killed off the match, thumping the ball past keeper Roman Buerki in the 79th. — Reuters

‘No anthem protest from US Presidents Cup team’JERSEY CITY (New Jersey): Th e US team at this week’s Pres-idents Cup will not protest during the national anthem, captain Steve Stricker said on Tuesday. Speaking two days before the start of the biennial event against an International team, Stricker said his players would follow the usual proto-col if they are present when the anthem is sung before the fi rst match today. “We’ve had a discussion already and none of my players want to do that (protest),” he told a news con-ference at Liberty National Golf Club, within sight of the Statue of Liberty. — Reuters

I N BR I E F

NEW YORK: Nike Inc fell as much as 4.5% in late trading after squelch-ing any hope of a quick turnaround at its ailing domestic operations.

Th e world’s biggest sportswear maker expects North American sales to decline again this quarter, following a 3% dip in the region last quarter. Nike’s Converse business also will drop in the current period.

Th e slump has forced Nike to rely more heavily on overseas growth, especially in China. International sales — along with an aggressive cost-cutting plan — helped the

company post fi rst-quarter profi t that topped estimates on Tuesday.

Chief executive offi cer Mark Park-er vowed to ignite global growth by “innovative products and the most personal, digitally connected ex-periences in our industry.” But it’s hard to tell how soon that vision will revive sales at home.

Nike expects its annual sales to rise by a percentage in the mid-sin-gle digits, up from US$34.4 billion last year. Its margins will narrow in the latest current period, at about the same rate as the previous three months, Nike said on a conference call.

Th e outlook sent the shares down to as low as US$51.31 (RM2126.53) in after-hours trading. Th e stock had gained 5.7% this year through Tuesday’s close, after ranking as the worst-performing member of the Dow Jones Industrial Average in 2016.

With major US retailers falter-ing over the past 18 months, Nike has been trying to generate more revenue through its own stores and websites. It’s also pursuing new channels for distribution, includ-ing inking a deal this year to sell lower-end items through Amazon.com Inc. — Bloomberg

BENGALURU: World No 1 Rafa Na-dal says the addition of compatriot Carlos Moya to his coaching team has added freshness and positive energy to the Spaniard’s training routine.

Moya, a former world No 1, joined Nadal’s team to work with his uncle Toni Nadal last Decem-ber and has helped revitalise the 31-year-old’s career.

Plagued by injuries and a loss of form in the past two years, Nadal has risen to No 1 in the rankings and won his 10th French Open title and third US Open this year. He lost

to his great rival Roger Federer in the Australian Open fi nal.

“Carlos has been a great support. He came with excitement and also the belief that with a few things, I could improve my results. And it has helped,” Nadal told Spanish newspaper El Espanol.

“It has been a breath of fresh air, positive energy. We have changed the way we practise and for Toni it has been also good.”

Nadal said Moya came on board and studied his daily prac-tice sessions before offering spe-cific ideas on how he could im-prove his game.

“When someone new arrives, it’s

easier to listen because it’s some-thing diff erent. For Toni, having Carlos’ reinforcement when he had to talk to me, has made everything much easier.”

Toni had said earlier this year he intended to step down from his role at the end of the season and Nad-al praised his eff orts working with Moya and Francisco Roig.

“Th ey have been a great team and I am very satisfi ed with their job, with the three of them,” he said.

Nadal will play in Beijing and Shanghai next month as he looks to secure the year-end No 1 rank-ing and winning his fi rst ATP Finals title. — Reuters

Nadal hails Moya’s impact on training routine

KUALA LUMPUR: It was a belated birthday celebration for Natasha Andrea Oon last Wednesday, as the teenager outshone all of her compatriots to win the Sime Darby LPGA Malaysia National Qualifying Tournament at TPC Kuala Lumpur.

Th e youngster shot a second con-secutive one-under par 70 on the East Course of TPC Kuala Lumpur to win the Open category of the National Qualifying Tournament. Six birdies and fi ve bogeys were enough to leave her one shot clear of second placed Renuka Suksukont of Th ailand.

But it was to be Oon’s day and there is no denying the class of the player, who could technically have qualifi ed through both the Malay-sian National and Junior Amateur categories.

Said Oon: “I felt my performance was similar to yesterday’s (last Tues-day) — a lot of back and forth. I had a lot of birdies but made a lot of mistakes. In the end, I was having fun. I played with Winnie who’s also

WASHINGTON: College-sports fans just got a fresh reminder that corruption is alive and well in their fi eld. Federal prosecu-tors yesterday unveiled criminal charges against 10 individuals, including four assistant coaches and an Adidas executive. Th e allegations may have merit, but the case shouldn’t obscure the real crime: A deeply fl awed col-lege-sports cartel.

Prosecutors allege that a network of intermediates re-ceived kickbacks in exchange for steering top athletes towards certain colleges, apparel con-tracts and fi nancial advisers. In broad strokes, this sort of sleaze arises because the Na-tional Collegiate Athletic As-sociation (NCAA), which gov-erns university sports, forbids member institutions from pay-ing student athletes. Some with-in the multibillion-dollar col-lege-sports industry therefore resort to skullduggery to attract the best student athletes.

Th e system itself is a rarity in the US economy: A monopso-nistic cartel. Th e NCAA gathers together diff erent buyers (uni-versities) in order to fi x the sell-ing price of labour (athletes). Th e resulting savings are huge. Th e fair market value of the av-erage big-time college men’s basketball player stood at about US$289,000 (RM1.22 billion) per year, according to a 2012 study by the National College Players Association and Drexel Univer-sity. By contrast, the average full athletic scholarship is estimated to be worth around US$23,000 per year. Lost earnings for men’s college basketball and football players totalled US$6.2 billion from 2011 to 2015, the study estimated.

Universities get a good chunk of that. Nearly 30 institutions had athletic revenue — such as ticket sales, alumni contri-butions and licensing rights — of more than US$100 mil-lion in 2016, USA Today found, based on public schools that are obliged to report the data. Th e leader, Texas A&M University, raked in US$194 million, US$57 million more than it spent.

Th e NCAA says it aims to pre-serve amateur competition and foster an environment that pri-oritises education. Fans familiar with student-athlete scandals in recent years are right to be sceptical of that claim.

Th ere is a better path: La-bour-market liberalisation. Uni-versities should be allowed to attract athletes with competitive remuneration packages and let them capture the value they create. The latest corruption case will attract plenty of me-dia attention, but it shouldn’t distract from that fundamental injustice. — Reuters

College-sports fraud case obscures the real crime

Clean sweep for Malaysian golfers at TPC Kuala Lumpur

my really good friend so we were having fun together on the course.”

“I feel that I’ve improved a lot since last year. Last year I wasn’t really happy with my performance in the qualifying. So, this year, I thought I can try and get a spot for a Malaysian but getting the

regional open spot is really a big thing for me. I’m really impressed with myself and I’m really glad I played well.”

On what she can improve on, she said: “I think I can improve on my driving and probably my long iron shots. My putting was really good.”

Oon (left), winner of the Sime Darby LPGA Malaysia National Qualifying Tournament and Sime Darby Foundation chairman Tun Musa Hitam.

2 3


YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)

Bursa Malaysia Main Market YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)

Bursa Malaysia

KLSE COMPOSITE 1,764.24 -1.35 -0.08

KLSE INDUSTRIAL 3,214.12 3.33 0.10

CONSUMER PRODUCT 624.00 2.57 0.41

INDUSTRIAL PRODUCT 159.72 0.15 0.09

CONSTRUCTION 324.88 0.79 0.24

TRADE & SERVICES 230.69 -0.67 -0.29

KLSE FINANCIAL 16,639.42 -4.17 -0.03

KLSE PROPERTY 1,237.10 3.70 0.30

KLSE PLANTATION 7,862.98 -11.71 -0.15

KLSE MINING 607.93 20.27 3.45

INDICES CLOSE +/- %CHGTECHNOLOGY 36.49 0.20 0.55

FTSE BURSA 100 12,217.47 -7.87 -0.06

FTSE BURSA MID 70 14,972.19 -4.06 -0.03

FTSE BURSA SMALL CAP 17,030.85 42.83 0.25

FTSE BURSA FLEDGLING 19,140.02 29.22 0.15

FTSE BURSA EMAS 12,562.31 -5.43 -0.04

FTSE BUR M’SIA ACE 6,541.71 18.81 0.29

FTSE BUR EMAS SHARIAH 12,781.20 -2.68 -0.02

FTSE BUR HIJRAH SHARIAH 14,007.73 -11.41 -0.08

FTSE/ASEAN 40 10,570.12 3.15 0.03

INDICES CLOSE +/- %CHG

Sectorial Movement

CONSUMER PRODUCTS 0.730 0.400 0.430 0.430 7120 ACOSTEC 0.430 -0.015 33.8 0.430 — — 76.5 4.900 3.881 — — 7090 AHEALTH 4.900 — — — 16.00 2.35 574.0 24.759 12.174 20.200 20.020 2658 AJI 20.180 -0.040 37.2 20.07 6.73 2.08 1,226.9 0.380 0.220 — — 7051 AMTEK 0.305 — — — — — 15.2 6.007 4.970 4.990 4.970 6432 APOLLO 4.980 UNCH 39 4.980 25.05 5.02 398.4 1.110 0.800 — — 7722 ASIABRN 0.980 — — — — — 77.5 3.771 3.140 3.260 3.200 7129 ASIAFLE 3.260 0.060 8 3.208 11.21 4.91 634.9 49.279 39.201 44.460 43.640 4162 BAT 44.300 0.180 372.5 44.28 16.56 4.85 12,649.0 0.120 0.035 0.070 0.065 7243 BIOOSMO 0.070 UNCH 1096.8 0.065 — — 55.7 0.740 0.540 0.620 0.610 9288 BONIA 0.620 UNCH 797.2 0.615 15.78 2.02 499.9 1.100 0.483 0.965 0.935 7174 CAB 0.950 0.005 1007.7 0.949 6.79 0.34 586.8 0.540 0.420 0.425 0.425 7154 CAELY 0.425 UNCH 40 0.425 8.19 2.35 34.0 0.340 0.260 — — 7128 CAMRES 0.285 — — — 23.75 3.51 56.1 15.098 13.019 14.800 14.600 2836 CARLSBG 14.780 0.020 167.5 14.77 20.63 5.21 4,519.0 1.140 0.519 0.955 0.940 7035 CCK 0.955 0.010 279.2 0.951 11.83 2.09 301.2 2.388 1.867 2.220 2.220 7148 CCMDBIO 2.220 0.010 6 2.220 21.68 2.93 619.3 2.700 2.230 2.240 2.230 2828 CIHLDG 2.230 UNCH 58 2.231 13.34 2.24 361.3 0.060 0.020 0.055 0.040 5188 CNOUHUA 0.045 0.005 4085 0.048 — — 30.1 3.200 1.812 2.780 2.760 7205 COCOLND 2.770 -0.030 297 2.771 15.30 5.60 633.8 1.960 1.608 1.830 1.820 7202 CSCENIC 1.820 UNCH 19.8 1.824 17.50 5.49 219.3 0.095 0.030 0.050 0.045 5214 CSL 0.045 UNCH 506 0.045 5.70 — 55.9 0.794 0.510 0.525 0.510 9423 CWG 0.510 -0.015 77.6 0.515 2.86 2.94 64.4 0.050 0.025 0.035 0.030 7179 DBE 0.030 -0.005 1676 0.032 300.0 — 42.1 1.000 0.740 — — 7119 DEGEM 0.960 — — — 9.18 2.60 128.6 59.883 52.364 59.300 58.900 3026 DLADY 59.300 UNCH 2.1 59.21 26.61 1.69 3,795.2 0.115 0.070 0.090 0.085 7198 DPS 0.090 0.005 150.3 0.085 — — 52.9 0.105 0.020 0.075 0.075 7182 EKA 0.075 UNCH 60 0.075 — — 23.4 0.360 0.140 0.240 0.235 9091 EMICO 0.235 -0.005 194 0.238 13.99 — 22.5 1.938 1.372 1.430 1.420 7149 ENGKAH 1.420 -0.010 30.2 1.425 63.68 4.23 100.5 0.270 0.180 0.185 0.180 7208 EURO 0.185 -0.005 121.2 0.180 — — 49.5 0.800 0.630 — — 7094 EUROSP 0.680 — — — 31.48 — 30.2 26.000 21.887 — — 3689 F&N 24.500 — — — 25.40 2.35 8,986.1 1.205 0.815 0.860 0.860 2755 FCW 0.860 UNCH 1 0.860 260.61 1.74 215.0 0.850 0.520 0.635 0.620 8605 FFHB 0.630 -0.005 105.4 0.624 10.59 1.90 68.7 1.350 0.730 1.250 1.240 9172 FPI 1.240 -0.010 333.6 1.247 11.31 4.84 306.7 0.980 0.255 0.750 0.740 7184 G3 0.750 0.010 44.9 0.745 — — 309.4 1.648 0.873 1.600 1.550 5102 GCB 1.590 0.030 516.5 1.590 16.22 1.42 763.5 2.999 2.334 2.690 2.690 5606 GOLDIS 2.690 UNCH 9.9 2.690 7.06 0.74 1,644.7 0.135 0.030 0.115 0.105 5187 HBGLOB 0.105 -0.010 1618.1 0.108 19.44 — 49.1 19.178 14.730 18.800 18.300 3255 HEIM 18.740 0.280 21.4 18.57 20.80 6.14 5,661.3 10.600 8.589 9.460 9.330 3301 HLIND 9.370 0.040 63.6 9.392 27.97 3.74 3,072.5 1.008 0.822 0.935 0.930 5160 HOMERIZ 0.935 UNCH 13 0.932 9.84 2.14 280.5 0.385 0.240 0.310 0.310 7213 HOVID 0.310 UNCH 867 0.310 — — 254.5 1.258 1.094 1.170 1.160 5024 HUPSENG 1.170 UNCH 384.7 1.168 20.35 3.42 936.0 0.630 0.410 0.430 0.415 8478 HWATAI 0.420 0.010 34 0.420 175.00 — 31.4 4.880 2.020 3.310 3.250 5107 IQGROUP 3.250 -0.040 46.6 3.277 11.60 3.38 286.1 1.570 1.153 1.500 1.470 7152 JAYCORP 1.500 0.010 132.1 1.487 9.15 3.33 205.9 0.740 0.505 — — 8931 JERASIA 0.540 — — — 11.95 — 44.3 2.598 1.370 1.500 1.480 5247 KAREX 1.490 UNCH 272.6 1.491 53.41 1.34 1,493.5 3.800 3.350 3.360 3.350 7216 KAWAN 3.350 UNCH 35.1 3.354 34.11 0.56 1,204.4 0.260 0.040 0.195 0.185 8303 KFM 0.190 UNCH 106 0.190 — — 13.0 0.920 0.715 0.750 0.750 6203 KHEESAN 0.750 -0.005 0.1 0.750 19.58 1.33 78.0 2.700 2.020 — — 7062 KHIND 2.150 — — — 22.90 4.65 86.1 2.210 1.015 1.840 1.830 2 KOTRA 1.840 0.010 13.8 1.834 19.66 1.09 245.6 0.140 0.050 0.070 0.065 5172 KSTAR 0.065 UNCH 1063.8 0.066 — — 19.0 6.000 4.500 4.690 4.590 7006 LATITUD 4.690 -0.010 70 4.623 6.60 2.56 455.9 1.050 0.785 0.990 0.985 9385 LAYHONG 0.990 UNCH 1330 0.990 26.98 0.51 602.7 0.377 0.261 0.315 0.315 8079 LEESK 0.315 UNCH 45.2 0.315 11.29 3.17 52.9 3.840 2.723 3.840 3.730 7089 LIIHEN 3.730 -0.040 978.8 3.790 9.09 4.29 671.4 0.820 0.710 0.740 0.735 7126 LONBISC 0.735 -0.005 14 0.739 9.48 — 137.1 1.866 1.196 1.420 1.420 7085 LTKM 1.420 UNCH 20 1.420 22.15 2.11 184.7 7.920 3.948 6.300 6.250 7087 MAGNI 6.250 -0.060 110.5 6.270 8.75 2.00 1,017.1 0.045 0.010 0.025 0.020 5189 MAXWELL 0.020 -0.005 450 0.020 — — 8.0 1.266 0.974 — — 5886 MBG 1.070 — — — 24.94 2.80 65.1 2.464 1.266 2.050 2.020 3662 MFLOUR 2.040 -0.020 221.9 2.035 15.26 3.19 1,122.6 0.960 0.770 0.830 0.790 7935 MILUX 0.830 0.010 134.5 0.799 — — 45.2 5.005 3.770 4.010 4.000 5202 MSM 4.010 0.010 8.5 4.000 — 3.49 2,818.9 0.035 0.030 — — 5150 MSPORTS 0.035 — — — — — 21.2 1.826 1.184 1.400 1.400 3921 MWE 1.400 UNCH 1 1.400 2.39 1.43 324.2 85.980 72.360 85.500 84.540 4707 NESTLE 84.600 0.060 17.2 84.74 31.99 3.19 19,838.7 4.880 3.002 — — 7060 NHFATT 3.390 — — — 9.87 3.24 254.8 0.130 0.060 0.065 0.065 7139 NICE 0.065 UNCH 820 0.065 — — 21.6 0.315 0.230 0.260 0.255 7215 NIHSIN 0.260 0.010 330 0.259 108.33 — 62.0 0.893 0.740 0.775 0.770 5066 NTPM 0.770 UNCH 215 0.771 16.38 3.12 864.9 0.690 0.360 0.575 0.555 7071 OCR 0.570 UNCH 158.9 0.567 — — 151.4 0.250 0.050 0.130 0.125 7071PA OCR-PA 0.130 0.005 521.9 0.128 — — 83.8 1.778 1.345 — — 7107 OFI 1.590 — — — 21.93 2.52 381.6 6.854 6.315 6.610 6.530 4006 ORIENT 6.600 0.080 211 6.599 10.15 3.03 4,094.6 4.619 2.208 4.420 4.310 7052 PADINI 4.400 0.080 666.6 4.371 18.39 2.27 2,894.8 40.300 29.318 38.700 37.540 3719 PANAMY 38.400 -0.520 10.1 38.45 18.19 3.05 2,332.6 0.774 0.495 0.505 0.505 5022 PAOS 0.505 -0.005 15 0.505 49.03 3.23 91.5 0.650 0.330 0.460 0.400 9407 PARAGON 0.460 0.030 7.5 0.405 — — 32.2 0.660 0.310 0.525 0.525 6068 PCCS 0.525 -0.025 1 0.525 — — 31.5 1.060 0.740 0.845 0.840 5231 PELIKAN 0.840 -0.005 72 0.844 25.53 — 464.8 0.235 0.145 0.175 0.170 4081 PMCORP 0.175 0.010 82.5 0.170 — — 135.3 0.795 0.441 0.730 0.710 5080 POHKONG 0.720 -0.005 1504.2 0.721 10.00 1.39 295.5 2.060 1.451 1.940 1.910 7088 POHUAT 1.930 0.030 213.5 1.928 7.23 4.15 438.6 17.217 15.086 16.960 16.800 4065 PPB 16.960 0.160 135.4 16.88 15.17 1.47 20,106.1 0.720 0.499 — — 7190 PPG 0.580 — — — 19.14 2.38 58.0 1.659 1.120 1.160 1.140 8966 PRLEXUS 1.140 -0.010 113 1.151 8.01 2.63 205.3 1.199 0.675 1.110 1.080 7134 PWF 1.090 UNCH 120 1.091 10.54 3.67 185.0 2.655 1.880 2.090 2.060 7237 PWROOT 2.060 -0.020 41.6 2.073 17.17 5.58 680.0 4.030 3.850 3.910 3.900 7084 QL 3.900 UNCH 79.5 3.908 36.08 0.84 6,327.5 2.510 1.467 2.270 2.240 9946 REX 2.270 UNCH 16 2.254 39.21 0.88 140.0 1.890 1.210 1.370 1.350 183 SALUTE 1.370 UNCH 21.6 1.359 27.51 1.75 531.6 1.069 0.800 0.890 0.865 5252 SASBADI 0.865 -0.005 258.8 0.865 22.07 1.73 362.5 0.590 0.275 0.570 0.550 5157 SAUDEE 0.550 UNCH 154.1 0.557 611.11 — 66.0 1.430 1.000 1.260 1.260 7180 SERNKOU 1.260 UNCH 18.6 1.260 107.69 — 151.2 0.845 0.580 — — 7165 SGB 0.660 — — — — — 112.9 0.270 0.060 0.230 0.230 7165PA SGB-PA 0.230 UNCH 10 0.230 — — 102.9 1.867 1.370 — — 7412 SHH 1.380 — — — 13.13 7.25 69.0 1.070 0.800 0.880 0.865 7246 SIGN 0.875 UNCH 6 0.869 10.06 — 210.3 0.915 0.215 0.620 0.620 8532 SINOTOP 0.620 -0.015 55 0.620 43.66 — 244.8 0.865 0.540 — — 9776 SMCAP 0.580 — — — — — 35.4 0.385 0.200 — — 7943 SNC 0.315 — — — — — 20.8 2.548 2.130 2.200 2.190 7103 SPRITZER 2.200 0.010 28.5 2.192 18.64 2.63 401.7 1.440 1.020 1.230 1.110 7186 SWSCAP 1.210 0.110 149 1.180 186.15 0.83 176.5 0.669 0.455 0.475 0.475 7082 SYF 0.475 UNCH 93 0.475 7.61 2.11 294.1 0.505 0.280 0.420 0.420 7211 TAFI 0.420 0.020 15 0.420 — — 33.6 1.968 1.641 1.700 1.690 4405 TCHONG 1.690 -0.010 122.7 1.697 — 1.18 1,135.7 1.241 0.495 0.510 0.495 7200 TEKSENG 0.500 -0.010 1402.1 0.501 36.23 4.00 174.1 1.250 0.850 0.950 0.940 7252 TEOSENG 0.950 UNCH 113.3 0.945 — 1.58 285.0 1.510 1.300 1.380 1.380 9369 TGL 1.380 0.080 1.5 1.380 12.45 5.43 56.2 1.020 0.400 0.915 0.875 7230 TOMEI 0.875 -0.040 122.6 0.895 11.26 — 121.3 0.560 0.385 0.430 0.430 7176 TPC 0.430 UNCH 60 0.430 — — 100.5 6.080 4.089 5.580 5.420 4588 UMW 5.580 0.120 194 5.528 — 3.58 6,519.1 2.549 1.861 — — 7757 UPA 2.430 — — — 3.24 3.29 193.4 1.668 0.677 1.470 1.400 7203 WANGZNG 1.470 0.070 217.8 1.447 17.27 2.72 235.2 0.325 0.080 0.295 0.285 5156 XDL 0.285 -0.005 3095.9 0.291 25.22 — 192.1 0.615 0.360 — — 7121 XIANLNG 0.580 — — — — — 46.4 0.125 0.020 — — 5155 XINQUAN 0.055 — — — — — 26.7 2.822 2.130 2.180 2.180 5584 YEELEE 2.180 -0.010 9.5 2.180 11.30 2.06 417.7 1.560 1.034 1.340 1.330 5159 YOCB 1.330 UNCH 96 1.332 9.35 3.01 212.8 3.190 1.744 2.770 2.710 7178 YSPSAH 2.770 0.070 110.1 2.739 13.41 2.53 378.7 1.934 1.146 1.650 1.640 5131 ZHULIAN 1.640 -0.010 79.2 1.647 14.15 3.66 754.4INDUSTRIAL PRODUCTS 1.420 0.922 1.130 1.120 12 3A 1.120 -0.010 349.4 1.122 12.57 1.29 551.0 0.210 0.085 0.130 0.130 7086 ABLEGRP 0.130 UNCH 811 0.130 — — 34.3 0.400 0.200 0.390 0.375 7131 ACME 0.390 0.015 35 0.380 — — 85.2 0.795 0.625 — — 7191 ADVENTA 0.630 — — — 185.29 — 96.3 2.376 2.045 2.120 2.120 9148 ADVPKG 2.120 -0.080 1 2.120 22.80 5.66 43.5 0.220 0.135 0.170 0.165 7146 AEM 0.165 -0.005 120 0.169 550.00 — 49.4 0.500 0.365 — — 5198 AFUJIYA 0.400 — — — 18.96 — 72.0 0.625 0.405 0.425 0.420 2682 AISB 0.425 UNCH 11.1 0.425 30.14 — 61.4

0.913 0.561 0.750 0.735 7609 AJIYA 0.740 0.005 71.3 0.739 10.69 2.70 225.4 0.300 0.065 — — 9954 AKNIGHT 0.155 — — — — — 9.0 1.694 0.650 1.270 1.160 2674 ALCOM 1.260 0.090 1232.9 1.218 14.35 16.27 169.3 1.070 0.315 0.700 0.685 4758 ANCOM 0.690 0.005 608.6 0.690 8.66 — 151.1 3.860 1.766 3.660 3.490 6556 ANNJOO 3.580 0.090 2810.8 3.605 10.46 2.93 1,911.9 0.551 0.095 0.105 0.100 9342 ANZO 0.100 -0.005 17516.7 0.105 — — 85.1 1.100 0.825 — — 5568 APB 1.050 — — — 12.32 6.19 118.5 4.090 3.176 3.650 3.650 5015 APM 3.650 0.010 3 3.650 15.55 3.97 735.8 1.240 0.827 1.150 1.110 7214 ARANK 1.130 0.020 90.9 1.124 7.65 2.65 135.6 1.290 0.671 1.190 1.160 7162 ASTINO 1.190 UNCH 575.4 1.170 8.60 0.84 326.2 1.331 0.494 0.850 0.810 7099 ATTA 0.815 -0.035 503 0.826 3.15 9.58 124.3 0.970 0.230 — — 7181 ATURMJU 0.255 — — — — — 15.6 2.550 1.580 — — 8133 BHIC 2.150 — — — 5.67 1.40 534.2 0.570 0.380 0.400 0.385 7005 BIG 0.390 UNCH 10.5 0.388 — — 18.8 0.580 0.100 0.520 0.490 7187 BKOON 0.505 0.015 5408.1 0.505 — — 140.4 1.091 0.742 0.890 0.870 168 BOILERM 0.890 0.010 123 0.879 21.60 1.69 459.2 2.425 1.440 — — 6297 BOXPAK 1.450 — — — — — 174.1 1.563 1.180 1.190 1.180 5100 BPPLAS 1.190 UNCH 50.9 1.183 18.39 6.72 223.3 0.316 0.237 0.300 0.265 9938 BRIGHT 0.265 -0.005 7843.6 0.289 — — 54.4 0.675 0.210 0.535 0.530 7221 BSLCORP 0.530 UNCH 111.1 0.533 6.48 — 51.9 0.365 0.210 0.240 0.240 7188 BTM 0.240 UNCH 60 0.240 45.28 — 30.5 3.785 2.870 2.920 2.880 5105 CANONE 2.900 -0.030 184.2 2.899 7.10 1.38 557.2 0.035 0.005 — — 5229 CAP 0.010 — — — — — 13.6 2.168 1.883 1.930 1.900 7076 CBIP 1.930 UNCH 138.7 1.915 8.64 3.11 1,038.8 1.810 0.833 1.420 1.420 2879 CCM 1.420 UNCH 9 1.420 45.51 3.52 649.8 1.800 1.450 1.530 1.530 8435 CEPCO 1.530 0.050 2 1.530 — — 68.5 1.210 1.020 — — 8044 CFM 1.160 — — — — — 47.6 1.940 1.466 1.770 1.750 5007 CHINWEL 1.770 0.010 33.3 1.752 10.42 3.84 530.2 2.550 1.546 2.350 2.260 5797 CHOOBEE 2.340 0.070 325.7 2.321 8.57 2.56 257.2 1.150 0.920 — — 8052 CICB 1.000 — — — 28.90 — 50.0 0.075 0.050 — — 7018 CME 0.050 — — — — — 24.3 4.628 3.476 3.920 3.810 2852 CMSB 3.890 0.090 82.5 3.883 16.87 1.62 4,179.3 0.600 0.200 0.570 0.500 7986 CNASIA 0.505 -0.005 68.7 0.515 0.97 — 22.9 1.547 1.141 1.350 1.340 5071 COASTAL 1.340 UNCH 422.8 1.341 14.42 1.49 712.3 1.150 0.665 0.760 0.735 7195 COMCORP 0.750 -0.010 232.4 0.746 7.20 — 105.0 1.010 0.645 0.945 0.930 2127 COMFORT 0.940 0.005 1287.3 0.936 15.16 — 525.3 2.156 1.630 1.740 1.720 5094 CSCSTEL 1.730 0.020 523.8 1.730 10.40 5.78 657.4 0.829 0.655 — — 7157 CYL 0.710 — — — 56.35 5.63 71.0 0.405 0.280 — — 5082 CYMAO 0.340 — — — — — 25.5 2.369 1.742 — — 8125 DAIBOCI 2.200 — — — 31.61 1.95 721.4 1.510 0.330 1.250 1.230 8176 DENKO 1.240 0.010 28.5 1.241 — — 129.5 0.335 0.220 0.330 0.320 7114 DNONCE 0.330 0.005 462.1 0.326 — — 60.4 0.435 0.230 — — 5835 DOLMITE 0.270 — — — — — 76.9 0.435 0.155 0.200 0.195 5265 DOLPHIN 0.195 UNCH 467.1 0.200 — — 43.3 1.320 1.069 1.310 1.290 7169 DOMINAN 1.310 UNCH 18.8 1.301 9.05 4.58 216.2 1.848 0.914 1.650 1.610 1619 DRBHCOM 1.610 -0.020 805.6 1.621 — 0.62 3,112.5 1.582 0.532 1.420 1.330 7233 DUFU 1.420 0.090 1240.8 1.388 7.20 3.87 249.2 0.866 0.640 0.710 0.695 8907 EG 0.700 0.005 2299.2 0.698 6.43 — 148.1 1.070 0.825 0.870 0.850 9016 EKSONS 0.860 0.010 76.8 0.854 — — 141.2 0.870 0.510 0.785 0.745 7217 EMETALL 0.770 0.025 1819 0.766 14.23 3.25 131.8 0.885 0.385 — — 7773 EPMB 0.540 — — — — — 89.6 0.443 0.330 0.380 0.380 190 ESAFE 0.380 UNCH 50 0.380 11.66 — 91.4 1.115 0.740 0.805 0.795 5101 EVERGRN 0.805 0.005 589.7 0.801 13.13 2.48 681.4 0.863 0.460 0.485 0.460 7249 EWEIN 0.480 0.010 971.7 0.473 12.37 1.04 144.8 1.430 1.021 1.430 1.360 2984 FACBIND 1.430 0.080 444.4 1.405 14.07 1.75 121.8 2.862 2.160 2.620 2.610 7229 FAVCO 2.610 UNCH 39.8 2.611 7.64 5.75 577.9 0.800 0.495 0.615 0.615 149 FIBON 0.615 -0.015 20 0.615 14.01 2.03 60.3 2.274 1.906 2.160 2.140 3107 FIMACOR 2.160 0.020 34.5 2.151 16.04 5.79 529.8 1.870 1.436 1.520 1.510 5197 FLBHD 1.510 -0.010 93.5 1.514 7.61 9.93 155.8 1.430 1.330 — — 3611 GBH 1.430 — — — 95.33 — 266.9 2.590 1.450 2.370 2.320 7197 GESHEN 2.360 0.010 142.7 2.351 10.06 — 188.8 0.085 0.040 0.055 0.050 5220 GLOTEC 0.050 -0.005 1909.9 0.054 — — 269.1 0.735 0.185 — — 7192 GOODWAY 0.200 — — — — — 22.1 0.135 0.085 — — 7096 GPA 0.100 — — — 17.54 — 98.0 0.425 0.255 0.340 0.315 5649 GPHAROS 0.320 0.005 146.8 0.321 — — 43.1 0.245 0.185 0.190 0.185 136 GREENYB 0.185 -0.010 363 0.187 35.58 3.24 61.7 0.145 0.085 0.115 0.105 7077 GSB 0.115 0.010 1650.6 0.113 — — 60.7 1.005 0.755 0.760 0.755 3247 GUH 0.755 UNCH 93.4 0.756 17.52 4.46 209.8 1.180 0.235 0.900 0.880 5151 HALEX 0.885 0.030 41.3 0.890 — — 93.8 7.367 4.468 6.880 6.550 5168 HARTA 6.800 0.250 5165.5 6.700 34.57 1.25 11,221.4 1.390 0.829 1.370 1.300 7105 HCK 1.330 0.030 83.7 1.321 738.8 — 560.2 8.680 1.990 8.000 7.880 4324 HENGYUAN 7.890 -0.010 814 7.915 4.82 — 2,367.0 1.757 1.128 1.590 1.520 5095 HEVEA 1.580 0.040 1276.4 1.552 9.04 4.68 880.9 1.200 0.868 0.925 0.920 3298 HEXZA 0.925 UNCH 160.9 0.922 8.33 4.86 185.4 0.450 0.270 0.440 0.410 5072 HIAPTEK 0.435 0.025 24711.2 0.423 14.65 0.69 572.4 0.700 0.190 0.675 0.640 5199 HIBISCS 0.650 -0.015 73412.1 0.656 8.42 — 978.8 1.276 0.844 — — 7033 HIGHTEC 1.170 — — — 7.93 2.99 47.5 1.226 0.785 1.080 1.060 8443 HIL 1.080 -0.010 2.1 1.070 20.11 1.39 301.0 0.405 0.270 — — 5165 HOKHENG 0.320 — — — 22.70 — 25.6 0.270 0.020 0.230 0.210 2739 HUAAN 0.215 -0.005 47926.4 0.221 — — 241.3 3.206 2.130 2.680 2.630 5000 HUMEIND 2.640 -0.030 168.7 2.639 67.69 0.76 1,264.8 0.075 0.045 0.055 0.055 9601 HWGB 0.055 UNCH 2480.5 0.055 — — 54.9 0.890 0.595 — — 9687 IDEAL 0.785 — — — 5.12 — 86.7 2.070 1.690 — — 7222 IMASPRO 1.830 — — — 25.56 1.91 146.4 0.300 0.160 0.195 0.185 7183 IRETEX 0.190 UNCH 179.8 0.189 — — 26.2 0.085 0.050 0.060 0.060 7223 JADI 0.060 0.005 50 0.060 — — 56.5 0.175 0.135 — — 8648 JASKITA 0.145 — — — — 6.90 65.2 0.110 0.030 — — 2747 JAVA 0.035 — — — — — 6.1 1.120 0.892 — — 7043 JMR 1.100 — — — 333.3 2.73 139.5 1.729 0.825 1.330 1.300 7167 JOHOTIN 1.320 UNCH 782.5 1.311 6.99 2.46 374.2 1.460 1.000 1.100 1.060 4383 JTIASA 1.090 0.020 519.5 1.079 90.83 1.19 1,061.4 0.310 0.160 0.255 0.255 54 KARYON 0.255 UNCH 797.4 0.255 27.42 — 121.3 0.870 0.680 0.800 0.795 7199 KEINHIN 0.800 0.010 13.6 0.797 11.24 1.88 79.2 0.500 0.305 0.310 0.310 6211 KIALIM 0.310 UNCH 20 0.310 — — 19.2 3.080 2.733 3.080 3.070 3522 KIANJOO 3.070 UNCH 77.5 3.079 12.30 1.30 1,363.6 2.363 1.511 1.740 1.740 5371 KIMHIN 1.740 -0.010 2 1.740 8.48 3.45 270.8 0.075 0.025 0.040 0.035 5060 KINSTEL 0.040 0.005 518 0.040 — — 42.0 1.460 0.865 0.870 0.865 9466 KKB 0.870 UNCH 222.9 0.869 — 4.60 224.3 0.425 0.220 0.295 0.280 7164 KNM 0.280 -0.010 21587 0.286 — — 603.7 1.129 0.830 0.840 0.840 6971 KOBAY 0.840 0.005 15 0.840 16.00 — 85.8 0.367 0.240 0.250 0.250 7017 KOMARK 0.250 UNCH 50 0.250 — — 31.2 7.360 5.565 6.780 6.710 7153 KOSSAN 6.750 0.040 2829.1 6.752 25.86 1.63 4,316.4 1.110 0.345 — — 7130 KPOWER 0.785 — — — — — 54.3 5.140 4.624 4.940 4.850 3476 KSENG 4.920 0.020 27.5 4.916 16.47 2.03 1,778.5 0.580 0.365 0.490 0.480 5192 KSSC 0.490 0.010 178.5 0.486 10.77 3.06 47.0 0.775 0.295 0.605 0.570 8362 KYM 0.595 -0.005 63.3 0.583 22.80 — 89.2 8.400 5.060 6.770 6.700 3794 LAFMSIA 6.700 -0.060 191.9 6.709 — 2.99 5,693.0 0.940 0.570 0.830 0.815 9326 LBALUM 0.825 0.010 1112.1 0.820 11.41 3.03 205.0 0.608 0.444 0.470 0.465 5092 LCTH 0.465 -0.005 45.5 0.470 13.76 5.38 167.4 6.530 4.140 5.300 5.250 5284 LCTITAN 5.260 0.010 997.3 5.267 8.16 — 12,139.0 0.910 0.422 0.850 0.800 5232 LEONFB 0.850 0.040 3927 0.830 4.85 1.76 263.5 0.440 0.100 0.290 0.275 8745 LEWEKO 0.280 0.005 775.8 0.280 — — 90.1 0.080 0.025 0.055 0.055 2887 LIONDIV 0.055 -0.005 205.5 0.055 — — 76.6 1.480 0.355 1.380 1.290 4235 LIONIND 1.370 0.080 8838.5 1.336 8.90 — 983.5 0.740 0.350 0.670 0.620 9881 LSTEEL 0.670 0.060 3382.1 0.648 9.33 — 85.8 0.160 0.050 0.130 0.125 5068 LUSTER 0.130 UNCH 6663.8 0.130 — — 256.9 3.890 3.336 3.580 3.560 9199 LYSAGHT 3.570 0.050 7.7 3.572 9.04 1.96 148.4 1.403 0.535 1.370 1.200 5098 MASTEEL 1.350 0.150 6074.5 1.313 12.89 — 419.6 0.841 0.467 0.725 0.705 7029 MASTER 0.705 0.005 1328.1 0.712 10.65 1.42 38.5 1.200 0.948 1.190 1.170 5152 MBL 1.180 0.010 729.8 1.179 8.56 3.39 108.6 0.870 0.618 — — 7004 MCEHLDG 0.800 — — — 21.00 1.88 35.5 0.660 0.250 0.280 0.275 3778 MELEWAR 0.275 -0.005 249.7 0.279 — — 62.0 0.789 0.478 0.645 0.640 5223 MENTIGA 0.640 -0.020 1 0.641 492.31 1.56 44.8 1.540 1.110 1.540 1.440 8192 MERCURY 1.510 0.090 424.9 1.494 4.98 7.95 60.7 1.837 1.596 — — 6149 METROD 1.730 — — — 12.58 3.47 207.6 1.220 0.337 1.110 1.090 5001 MIECO 1.110 0.030 892.3 1.100 8.37 3.60 582.8 0.170 0.075 0.150 0.145 7219 MINETEC 0.150 UNCH 1093 0.150 — — 109.7 0.695 0.505 0.510 0.510 5576 MINHO 0.510 UNCH 69.8 0.510 8.54 — 112.0 4.403 3.207 3.620 3.620 5916 MSC 3.620 UNCH 8 3.620 8.76 2.21 362.0 1.766 1.370 1.380 1.370 3883 MUDA 1.380 UNCH 120 1.378 17.25 2.17 421.0 1.200 0.720 0.795 0.775 5087 MYCRON 0.790 0.025 1153.2 0.788 6.61 — 224.0 0.240 0.035 — — 7002 NAKA 0.180 — — — — — 10.0 0.315 0.145 0.155 0.150 5025 NWP 0.150 -0.005 107 0.154 — — 54.2 1.190 0.535 0.965 0.950 4944 NYLEX 0.960 0.010 287.3 0.957 9.05 2.08 186.6 1.970 1.125 1.650 1.620 7140 OKA 1.640 0.010 976.6 1.626 9.19 3.35 268.1 1.510 0.865 1.380 1.360 5065 ORNA 1.380 UNCH 137.7 1.367 8.74 2.17 103.8 0.085 0.050 0.060 0.050 7225 PA 0.060 0.005 1657 0.055 — — 56.8 0.015 0.005 — — 22 PARLO 0.005 — — — — — 0.5 7.670 6.318 7.400 7.280 5183 PCHEM 7.290 -0.030 8401 7.291 14.20 3.29 58,320.0 1.952 1.450 1.490 1.480 5271 PECCA 1.480 -0.020 20 1.481 18.95 2.70 278.2 0.801 0.585 0.610 0.605 9997 PENSONI 0.605 0.005 21 0.607 12.35 4.96 78.4 7.901 5.630 5.800 5.630 5436 PERSTIM 5.710 0.080 5.7 5.700 10.28 7.01 567.0 21.740 17.797 18.340 18.080 6033 PETGAS 18.120 0.020 2180.8 18.218 20.18 3.59 35,854.6 10.400 3.883 10.360 10.200 3042 PETRONM 10.220 -0.100 147.9 10.269 7.69 2.15 2,759.4 2.466 1.595 2.240 2.230 7095 PIE 2.230 -0.010 353.4 2.239 17.08 1.08 856.4 2.960 1.271 2.950 2.920 7172 PMBTECH 2.930 0.010 42.1 2.934 20.23 1.37 234.4 3.820 2.516 3.730 3.690 8869 PMETAL 3.700 -0.020 1919.4 3.707 25.31 1.49 13,833.3 0.575 0.450 — — 6637 PNEPCB 0.535 — — — 17.31 — 70.4 0.995 0.270 0.380 0.370 8117 POLY 0.370 -0.010 60.3 0.375 1.87 — 59.2 0.973 0.536 0.750 0.715 8273 PPHB 0.730 UNCH 130.5 0.723 8.00 — 137.5 0.365 0.250 — — 9458 PREMIER 0.275 — — — 343.7 — 92.7 1.480 0.569 1.370 1.300 9873 PRESTAR 1.350 0.040 1556.9 1.342 5.75 2.22 274.2 1.110 0.635 1.060 1.010 7168 PRG 1.030 0.030 512.6 1.031 91.15 0.49 309.9 0.330 0.085 0.265 0.250 7123 PWORTH 0.255 -0.010 11249 0.256 39.84 — 237.3 1.350 1.070 — — 7544 QUALITY 1.090 — — — — — 63.2 0.770 0.510 0.660 0.660 7498 RALCO 0.660 0.050 10 0.660 — — 27.7 5.840 5.310 5.600 5.420 7765 RAPID 5.580 -0.020 33 5.545 764.3 — 596.5 0.745 0.285 0.420 0.405 5256 REACH 0.405 -0.015 11704.3 0.409 9.51 — 444.0 0.655 0.390 0.425 0.410 7232 RESINTC 0.425 0.010 199.6 0.414 7.05 2.82 58.3 1.410 0.595 1.340 1.330 9741 ROHAS 1.340 0.010 63.4 1.340 — — 535.8 0.834 0.705 0.715 0.715 7803 RUBEREX 0.715 -0.005 5 0.715 8.61 1.75 180.3 5.194 3.759 4.750 4.620 5134 SAB 4.750 0.140 37.9 4.691 13.75 1.05 650.4 8.490 4.773 6.660 6.630 9822 SAM 6.650 -0.050 11.2 6.647 19.27 1.55 837.3 0.979 0.826 0.870 0.860 7811 SAPIND 0.860 -0.015 9 0.866 14.70 6.98 62.6

* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share

MarketsB U R S A M A L A Y S I A M A I N M A R K E T

2 4 THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY



1.266 0.984 1.010 1.010 5170 SCABLE 1.010 UNCH 48.5 1.010 19.09 2.97 320.2 3.426 2.811 2.890 2.860 7247 SCGM 2.890 UNCH 15.5 2.880 21.27 2.08 559.5 0.740 0.510 0.640 0.550 9237 SCIB 0.560 -0.060 15 0.570 15.77 — 45.3 9.850 6.046 8.890 8.690 4731 SCIENTX 8.750 -0.130 94.5 8.762 15.98 1.83 4,231.1 0.345 0.250 0.310 0.295 7239 SCNWOLF 0.310 UNCH 42.2 0.299 — — 27.1 0.525 0.140 0.325 0.310 7366 SCOMIEN 0.325 0.010 248.3 0.318 — — 111.2 1.660 0.660 0.940 0.925 7073 SEACERA 0.930 0.010 611 0.929 50.54 — 321.8 0.230 0.130 0.160 0.150 5145 SEALINK 0.160 0.010 100.1 0.154 — — 80.0 0.765 0.250 0.565 0.505 5163 SEB 0.565 0.025 18 0.534 9.25 — 45.2 1.410 0.388 1.010 0.960 5181 SIGGAS 0.965 0.010 9603.9 0.983 45.73 1.24 180.9 1.040 0.650 — — 7115 SKBSHUT 0.760 — — — 13.40 — 30.4 1.550 1.240 1.500 1.470 7155 SKPRES 1.480 -0.010 2699.6 1.488 14.76 2.80 1,850.3 2.225 1.760 1.900 1.760 7248 SLP 1.900 -0.040 17.8 1.865 23.49 1.94 602.2 0.700 0.530 0.570 0.570 7132 SMISCOR 0.570 0.020 0.5 0.570 — — 25.5 2.580 1.021 2.310 2.160 5665 SSTEEL 2.300 0.130 1275.9 2.245 10.40 1.30 992.0 0.300 0.065 — — 7143 STONE 0.245 — — — — — 22.0 1.550 1.230 — — 6904 SUBUR 1.300 — — — — — 271.7 4.320 1.682 3.280 3.230 7207 SUCCESS 3.280 UNCH 67.8 3.269 8.12 1.52 402.4 2.960 1.764 2.390 2.250 7235 SUPERLN 2.320 -0.440 9744.8 2.334 15.53 1.19 371.2 2.324 1.690 1.740 1.690 7106 SUPERMX 1.700 -0.010 1543 1.702 16.28 1.47 1,156.3 4.153 3.292 3.680 3.630 5012 TAANN 3.680 UNCH 12.7 3.675 10.44 4.08 1,637.0 0.510 0.350 0.365 0.360 4022 TADMAX 0.360 UNCH 200.2 0.364 — — 193.9 0.415 0.235 0.355 0.320 5149 TAS 0.330 0.005 3310.1 0.341 — — 59.4 14.282 11.949 12.660 12.640 4448 TASEK 12.660 0.020 2.5 12.642 104.54 9.48 1,565.0 0.290 0.100 0.170 0.160 5178 TATGIAP 0.165 0.005 218 0.163 — — 25.6 1.380 0.300 1.350 1.280 7097 TAWIN 1.320 -0.020 618.5 1.316 11.62 — 84.9 2.920 1.050 1.460 1.460 7439 TECGUAN 1.460 -0.020 5 1.460 8.36 — 58.5 4.803 3.817 4.030 4.010 7034 TGUAN 4.020 -0.010 51.7 4.020 8.40 2.99 532.6 2.140 1.581 1.680 1.660 7374 TIENWAH 1.680 UNCH 8 1.673 6.90 5.95 243.2 0.800 0.560 — — 7854 TIMWELL 0.630 — — — 143.1 — 56.1 1.069 0.589 0.935 0.930 7285 TOMYPAK 0.930 -0.005 159.4 0.931 15.37 3.44 390.1 3.780 1.749 3.550 3.490 5010 TONGHER 3.540 0.020 28.1 3.519 10.24 8.47 557.3 5.878 4.512 5.550 5.420 7113 TOPGLOV 5.500 0.010 3802.6 5.502 23.02 2.64 6,910.1 0.850 0.495 0.700 0.700 7173 TOYOINK 0.700 UNCH 10.8 0.700 — — 74.9 0.230 0.145 — — 4359 TURIYA 0.195 — — — — — 44.6 2.760 1.537 2.650 2.590 7100 UCHITEC 2.620 -0.020 831.8 2.613 18.44 4.96 1,166.2 4.930 3.310 — — 7133 ULICORP 4.340 — — — 21.96 2.76 630.2 1.367 1.150 — — 7227 UMSNGB 1.180 — — — 8.93 2.54 94.4 1.680 0.700 0.770 0.735 4995 VERSATL 0.750 -0.010 68 0.742 94.94 — 88.0 2.680 1.277 2.640 2.510 6963 VS 2.530 -0.080 6130.6 2.560 22.83 1.91 3,081.6 1.030 0.750 0.985 0.980 5142 WASEONG 0.980 -0.005 309.7 0.981 — 0.51 759.4 0.485 0.345 0.385 0.385 7226 WATTA 0.385 -0.005 35 0.385 — — 32.5 2.170 1.471 2.050 2.000 7111 WEIDA 2.000 UNCH 219 2.012 19.32 1.50 266.7 1.537 1.139 1.420 1.350 7231 WELLCAL 1.370 -0.020 640 1.368 19.86 4.49 682.2 0.525 0.229 — — 6378 WMG 0.350 — — — — — 149.2 0.845 0.600 0.785 0.765 7050 WONG 0.775 0.005 122.6 0.773 140.91 — 71.1 0.700 0.475 0.610 0.610 7025 WOODLAN 0.610 UNCH 5 0.610 16.94 — 24.4 2.084 1.836 1.970 1.940 5009 WTHORSE 1.970 UNCH 43.5 1.958 20.82 5.08 472.8 1.096 0.760 0.790 0.765 4243 WTK 0.765 UNCH 387.5 0.774 — 2.61 368.2 1.380 0.953 1.100 1.090 7245 WZSATU 1.100 UNCH 118 1.096 12.59 1.82 383.8 0.865 0.720 0.760 0.760 5048 YILAI 0.760 UNCH 28.6 0.760 3800 — 121.6 0.400 0.185 0.195 0.195 7020 YKGI 0.195 UNCH 292.5 0.195 — — 67.9 0.700 0.380 — — 7014 YLI 0.460 — — — 11.62 1.09 47.4CONSTRUCTION 1.189 0.728 1.070 1.040 5281 ADVCON 1.060 UNCH 972.3 1.051 14.87 — 426.2 0.750 0.280 0.410 0.410 7007 ARK 0.410 UNCH 1 0.410 — — 20.0 1.200 0.600 1.130 1.130 7078 AZRB 1.130 UNCH 22.6 1.130 14.54 1.33 600.6 0.793 0.581 0.625 0.620 6173 BDB 0.620 UNCH 35.9 0.621 6.33 7.26 188.4 0.625 0.351 0.420 0.410 5190 BENALEC 0.415 UNCH 1277.7 0.416 29.64 1.69 336.9 0.510 0.325 0.355 0.355 5932 BPURI 0.355 UNCH 311.6 0.355 101.43 — 94.8 1.110 0.777 1.110 1.090 8761 BREM 1.100 UNCH 2178.2 1.099 53.40 1.36 380.0 1.220 0.849 1.040 1.030 8591 CRESBLD 1.040 -0.010 231.2 1.040 8.64 3.85 184.0 2.086 1.437 — — 7528 DKLS 1.800 — — — 3.45 1.67 166.9 3.210 1.641 3.000 2.950 5253 ECONBHD 2.990 0.040 628.1 2.978 19.81 1.51 1,599.7 1.520 0.985 1.090 1.080 8877 EKOVEST 1.090 0.010 1562.8 1.082 21.04 1.10 2,331.7 1.010 0.487 0.850 0.845 7047 FAJAR 0.850 UNCH 584.7 0.847 7.94 2.94 313.0 1.370 0.885 1.240 1.210 9261 GADANG 1.220 0.010 562 1.224 9.15 2.30 802.6 5.459 4.541 5.310 5.240 5398 GAMUDA 5.290 UNCH 3532.2 5.296 19.67 2.27 12,984.0 1.740 0.815 1.700 1.680 5226 GBGAQRS 1.690 UNCH 2361.1 1.688 18.35 — 726.7 0.920 0.660 0.680 0.660 5169 HOHUP 0.660 -0.020 911.3 0.664 4.81 — 247.4 1.766 1.430 1.460 1.460 6238 HSL 1.460 -0.010 18.3 1.460 16.42 1.64 850.7 3.557 2.998 3.320 3.300 3336 IJM 3.300 -0.020 1372.4 3.307 17.92 2.27 11,972.5 0.740 0.561 — — 5268 IKHMAS 0.630 — — — 121.1 0.79 334.1 0.360 0.280 0.290 0.285 192 INTA 0.290 UNCH 138.7 0.288 0.36 — 155.2 0.710 0.510 0.620 0.570 8834 IREKA 0.580 -0.020 7.2 0.580 — — 99.1 1.790 0.975 1.300 1.280 4723 JAKS 1.300 -0.020 1307.6 1.287 — — 626.9 0.500 0.210 0.295 0.270 9083 JETSON 0.280 -0.010 775.8 0.277 — — 57.9 3.910 1.996 3.660 3.640 7161 KERJAYA 3.650 UNCH 294.3 3.654 16.48 1.51 2,054.9 2.380 1.890 2.180 2.090 5171 KIMLUN 2.180 UNCH 40.6 2.177 9.58 2.98 696.8 1.540 1.010 — — 9628 LEBTECH 1.500 — — — 58.59 — 204.7 1.240 0.684 — — 5129 MELATI 0.825 — — — 6.71 2.12 99.0 0.575 0.240 0.355 0.345 5006 MERGE 0.355 0.010 41.6 0.349 253.5 — 23.8 1.407 1.020 1.080 1.020 9571 MITRA 1.080 0.060 2600.2 1.055 6.44 4.63 744.6 1.350 0.750 1.300 1.280 7595 MLGLOBAL 1.290 UNCH 536.8 1.289 23.20 — 509.0 0.440 0.285 — — 5924 MTDACPI 0.300 — — — — — 69.5 1.670 0.725 1.060 1.040 5085 MUDAJYA 1.060 -0.010 444.3 1.057 — — 585.6 2.980 2.046 2.800 2.750 5703 MUHIBAH 2.760 UNCH 311.5 2.760 10.86 1.99 1,330.6 0.724 0.394 0.540 0.520 8311 PESONA 0.535 0.015 227 0.534 17.37 3.74 357.0 2.490 1.132 2.080 2.060 7055 PLB 2.060 -0.020 11.5 2.069 60.41 0.49 188.0 1.273 0.924 1.060 1.050 5070 PRTASCO 1.060 UNCH 66.2 1.060 17.35 5.66 450.2 0.215 0.095 0.135 0.130 7145 PSIPTEK 0.135 UNCH 200.1 0.131 13.78 — 47.1 4.270 3.201 4.000 3.880 9598 PTARAS 4.000 0.160 5.2 3.892 18.02 5.00 659.9 1.390 0.455 0.840 0.800 5205 SENDAI 0.825 0.025 6115.9 0.826 — 0.61 642.3 2.379 1.513 2.240 2.210 5263 SUNCON 2.230 0.010 630.1 2.225 21.42 2.47 2,883.2 0.415 0.255 0.280 0.275 9717 SYCAL 0.280 0.005 89.2 0.277 16.77 — 89.7 0.860 0.364 0.800 0.770 5054 TRC 0.790 0.005 1564.3 0.785 9.81 2.41 379.6 2.320 1.500 1.860 1.840 5622 TRIPLC 1.860 0.010 39.9 1.846 11.84 — 127.7 0.825 0.430 — — 5042 TSRCAP 0.610 — — — 10.05 — 106.4 0.165 0.110 0.150 0.145 7070 VIZIONE 0.145 UNCH 3028.8 0.146 131.82 — 126.9 1.680 0.890 1.240 1.220 3565 WCEHB 1.230 UNCH 420.2 1.228 32.20 — 1,233.4 2.467 1.575 1.800 1.710 9679 WCT 1.760 0.050 1722.5 1.771 27.67 1.69 2,491.1 0.670 0.535 0.570 0.565 7028 ZECON 0.570 0.005 37 0.566 4.84 — 74.7 0.185 0.100 0.130 0.120 2283 ZELAN 0.120 -0.005 985.6 0.124 — — 101.4TRADING SERVICES 0.550 0.350 0.380 0.375 5238 AAX 0.380 UNCH 3983.7 0.378 18.54 — 1,576.3 0.240 0.135 0.170 0.170 5166 AEGB 0.170 -0.005 278 0.170 — — 69.7 2.891 1.980 2.050 2.030 6599 AEON 2.050 0.020 34.8 2.043 36.03 1.46 2,878.2 0.435 0.160 0.335 0.310 7315 AHB 0.320 0.010 1524 0.324 10.96 — 51.2 3.530 2.014 3.470 3.400 5099 AIRASIA 3.430 0.030 4734.7 3.439 6.51 5.25 11,463.0 9.336 5.838 8.710 8.490 5014 AIRPORT 8.550 0.020 6689.3 8.559 123.38 1.29 14,186.1 0.370 0.110 0.240 0.220 5115 ALAM 0.225 -0.005 31460.3 0.230 — — 208.0 0.270 0.070 — — 159 AMEDIA 0.095 — — — — — 22.7 8.266 7.002 7.320 7.270 6351 AMWAY 7.320 0.020 3.3 7.295 22.02 2.73 1,203.3 2.359 2.133 — — 7083 ANALABS 2.190 — — — 11.39 1.48 131.5 0.085 0.015 0.025 0.020 5194 APFT 0.025 0.005 9765.9 0.022 — — 31.0 0.825 0.500 0.755 0.735 5210 ARMADA 0.735 -0.020 11192.3 0.744 — 1.12 4,311.7 0.220 0.100 0.145 0.145 1481 ASB 0.145 -0.005 181.8 0.145 34.52 1.72 98.2 2.863 2.466 2.850 2.790 6399 ASTRO 2.840 0.020 4867.3 2.831 20.01 4.05 14,795.0 4.836 4.000 4.270 4.110 7048 ATLAN 4.200 -0.080 9 4.151 21.19 3.81 1,065.3 0.355 0.305 0.340 0.330 8885 AVI 0.340 0.015 49.7 0.332 — — 291.9 1.180 0.739 1.050 1.030 7579 AWC 1.040 UNCH 429.2 1.039 12.58 1.44 278.0 5.415 4.085 5.190 5.120 6888 AXIATA 5.180 0.040 11074.1 5.175 78.01 1.54 46,611.2 0.653 0.272 0.515 0.490 5021 AYS 0.515 0.020 1924.7 0.506 8.46 4.85 195.9 0.740 0.430 0.535 0.510 7251 BARAKAH 0.520 -0.005 1529.9 0.523 — — 429.3 2.209 1.840 2.060 2.040 5248 BAUTO 2.060 0.010 3035.2 2.050 24.47 4.93 2,378.4 0.495 0.365 0.405 0.400 7241 BHS 0.400 -0.010 187 0.404 — — 183.3 0.280 0.170 0.170 0.170 6998 BINTAI 0.170 -0.005 627.5 0.170 — — 49.2 6.523 5.750 5.800 5.760 5032 BIPORT 5.800 -0.030 3.2 5.785 17.31 3.79 2,668.0 2.760 1.577 2.500 2.400 5275 BISON 2.420 0.050 741.9 2.436 37.99 0.83 750.4 0.410 0.306 0.355 0.340 3395 BJCORP 0.345 0.005 14153.8 0.349 12.15 — 1,698.6 1.956 1.380 1.510 1.510 5196 BJFOOD 1.510 UNCH 2 1.510 48.09 — 575.8 0.700 0.390 0.400 0.390 4219 BJLAND 0.395 UNCH 88.7 0.400 5.90 — 1,975.1 0.470 0.205 0.295 0.275 6025 BJMEDIA 0.275 UNCH 8.2 0.287 — — 64.6 3.258 2.250 2.450 2.430 1562 BJTOTO 2.430 0.010 905.7 2.439 12.96 5.76 3,283.0 0.135 0.092 0.100 0.095 7036 BORNOIL 0.095 -0.005 8046.6 0.096 10.33 — 432.9 0.875 0.505 0.585 0.560 9474 BRAHIMS 0.580 0.015 520.7 0.572 — — 137.0 2.880 2.482 2.880 2.800 2771 BSTEAD 2.880 UNCH 969.3 2.847 23.98 4.86 5,837.7 0.620 0.280 0.595 0.540 5257 CARIMIN 0.550 UNCH 25669.8 0.570 — — 128.6 1.990 1.300 1.750 1.740 5245 CARING 1.750 0.020 6 1.748 29.02 0.86 381.0 3.397 2.130 2.220 2.220 2925 CCB 2.220 UNCH 3.6 2.220 11.65 2.25 223.7 1.440 0.835 1.140 1.130 7117 CENTURY 1.140 UNCH 61.7 1.140 24.26 2.63 447.7 0.535 0.385 0.500 0.465 7209 CHEETAH 0.500 0.030 132 0.483 32.89 1.50 63.8 1.490 0.832 1.320 1.310 5273 CHINHIN 1.320 0.010 293.4 1.320 16.08 3.03 734.4 0.675 0.417 0.530 0.525 7016 CHUAN 0.530 UNCH 41.6 0.529 11.91 3.40 89.4 0.100 0.065 0.075 0.070 5104 CNI 0.070 UNCH 140.4 0.070 — — 50.4 1.240 0.650 — — 5136 COMPLET 0.765 — — — 12.75 — 94.7 0.040 0.020 0.025 0.020 5037 COMPUGT 0.025 UNCH 639 0.025 — — 53.4 2.820 1.956 2.490 2.420 5184 CYPARK 2.470 0.020 210.2 2.451 12.66 2.11 644.7 0.865 0.482 0.575 0.570 5276 DANCO 0.575 0.005 163 0.571 14.30 2.61 171.4 0.105 0.050 0.085 0.075 91 DAYA 0.075 -0.005 5647 0.078 — — 143.2 1.290 0.730 1.040 1.010 5141 DAYANG 1.010 -0.030 1347.2 1.021 — — 974.5 1.112 0.746 0.980 0.940 5132 DELEUM 0.945 UNCH 936.4 0.953 17.80 3.44 378.2 0.890 0.555 0.570 0.555 7212 DESTINI 0.560 -0.010 2624.1 0.560 19.24 — 646.9 2.110 1.426 2.010 1.980 7277 DIALOG 2.000 UNCH 25912.5 2.003 29.11 1.20 11,283.3 6.537 4.312 4.700 4.650 5908 DKSH 4.650 -0.080 6.9 4.680 16.23 2.04 733.1 0.683 0.219 0.485 0.475 4456 DNEX 0.475 -0.010 8964.3 0.480 12.06 1.05 833.2 1.581 1.040 1.240 1.220 5216 DSONIC 1.220 -0.020 2100.8 1.231 28.91 3.28 1,647.0 0.295 0.155 0.170 0.165 2097 EASTLND 0.170 0.005 91.4 0.166 — — 41.8 0.790 0.350 0.545 0.515 5259 EATECH 0.515 -0.030 1784.7 0.527 — 4.37 259.6 0.370 0.200 — — 5036 EDARAN 0.220 — — — — — 13.2 0.290 0.165 0.190 0.190 7471 EDEN 0.190 UNCH 357.1 0.190 — — 59.2 3.313 2.213 2.750 2.670 1368 EDGENTA 2.680 0.010 53.8 2.681 18.23 2.99 2,228.8 0.590 0.220 0.365 0.350 64 EFFICEN 0.365 0.020 3298.7 0.359 — — 258.8 0.976 0.758 — — 5081 EIG 0.830 — — — 17.44 3.61 196.9 2.087 1.090 1.780 1.750 5208 EITA 1.760 0.010 35.1 1.761 11.70 2.27 228.8

1.508 1.102 1.180 1.160 5056 ENGTEX 1.170 -0.010 1693 1.165 6.72 0.85 444.9 0.624 0.370 0.530 0.530 6939 FIAMMA 0.530 0.010 30.5 0.530 10.71 2.83 280.9 0.440 0.355 0.380 0.370 9318 FITTERS 0.380 UNCH 99 0.375 — — 182.6 1.468 1.084 1.290 1.290 7210 FREIGHT 1.290 0.030 0.1 1.290 11.05 3.88 240.1 0.425 0.133 0.425 0.405 128 FRONTKN 0.405 0.010 71227 0.416 15.58 1.23 426.6 0.295 0.150 — — 9377 FSBM 0.240 — — — — — 33.9 3.054 2.352 2.860 2.830 5209 GASMSIA 2.850 0.010 785 2.850 21.79 4.51 3,659.4 0.820 0.610 0.625 0.615 78 GDEX 0.620 UNCH 885.9 0.618 92.54 0.40 3,457.3 6.259 4.311 5.480 5.420 4715 GENM 5.420 UNCH 3201.4 5.440 11.11 1.88 32,184.2 9.960 7.382 9.660 9.510 3182 GENTING 9.510 -0.170 4218.4 9.556 12.79 1.21 36,591.2 0.330 0.185 0.240 0.225 5079 GETS 0.225 -0.005 155 0.231 — — 28.4 3.120 2.730 3.060 2.990 3204 GKENT 3.000 -0.060 963 3.012 16.14 2.22 1,689.8 0.555 0.300 0.420 0.400 7676 GUNUNG 0.420 0.015 49 0.409 — — 99.2 5.250 2.173 5.250 5.080 7668 HAIO 5.250 0.170 853 5.207 22.49 2.73 1,570.0 0.335 0.200 0.270 0.240 7253 HANDAL 0.255 0.005 1720.8 0.259 — — 40.8 9.350 7.192 9.170 9.020 3034 HAPSENG 9.080 0.030 439.5 9.085 21.36 3.85 22,606.3 0.955 0.660 0.700 0.690 2062 HARBOUR 0.690 0.005 24.7 0.692 10.30 2.90 276.3 4.077 2.966 3.980 3.900 5008 HARISON 3.950 0.040 10.3 3.933 12.25 6.33 270.5 1.210 0.386 1.160 1.130 185 HSSEB 1.130 UNCH 1354.4 1.144 23.74 0.56 360.6 0.150 0.050 0.125 0.095 7013 HUBLINE 0.110 0.010 219629 0.111 45.83 — 137.7 0.480 0.210 0.320 0.300 5255 ICON 0.305 UNCH 32531.4 0.311 — — 359.0 6.567 5.512 5.850 5.810 5225 IHH 5.830 -0.020 3655.8 5.837 52.33 0.51 48,034.0 0.920 0.680 — — 5614 ILB 0.680 — — — — — 132.6 0.910 0.670 — — 5673 IPMUDA 0.725 — — — — 4.14 52.5 2.166 1.325 1.700 1.700 58 JCBNEXT 1.700 0.010 2.5 1.700 29.98 1.18 238.0 0.310 0.235 — — 8923 JIANKUN 0.275 — — — — — 45.9 0.395 0.295 — — 8672 KAMDAR 0.360 — — — — — 71.3 1.862 1.606 1.680 1.670 6491 KFIMA 1.670 0.010 70 1.671 18.19 5.39 471.3 0.739 0.236 0.620 0.615 151 KGB 0.615 -0.005 223.6 0.616 12.35 1.63 141.3 1.680 1.000 — — 5035 KNUSFOR 1.150 — — — — — 114.6 1.140 0.944 1.060 1.030 5878 KPJ 1.040 0.010 1309.5 1.044 29.71 1.68 4,451.9 1.678 1.022 1.470 1.430 5843 KPS 1.440 -0.030 532 1.448 1200.0 4.34 718.6 0.590 0.485 — — 9121 KPSCB 0.525 — — — 11.34 — 77.6 0.225 0.115 0.140 0.140 4847 KTB 0.140 UNCH 359.7 0.140 — — 56.4 0.628 0.299 0.500 0.490 6874 KUB 0.490 -0.005 1656 0.496 9.66 2.04 272.7 0.380 0.240 0.280 0.270 7170 LFECORP 0.280 0.010 348.7 0.275 29.79 — 50.8 0.805 0.420 0.770 0.745 8486 LIONFIB 0.765 0.020 281.9 0.758 11.82 — 177.2 0.890 0.449 0.840 0.810 5143 LUXCHEM 0.830 0.020 2517.1 0.824 14.95 2.81 701.2 2.270 1.643 1.820 1.780 3859 MAGNUM 1.790 0.010 461.1 1.801 13.44 6.70 2,573.6 1.583 0.968 1.050 1.040 5264 MALAKOF 1.040 UNCH 557.1 1.042 2.12 5.77 5,200.0 0.179 0.135 0.145 0.140 3514 MARCO 0.145 UNCH 491.9 0.145 8.73 3.45 152.9 6.493 5.368 5.810 5.750 6012 MAXIS 5.800 UNCH 4161.5 5.789 20.93 3.45 45,301.0 0.955 0.670 0.860 0.825 5077 MAYBULK 0.835 -0.010 1638 0.843 — — 835.0 2.612 2.035 2.110 2.060 5983 MBMR 2.080 -0.030 159.7 2.101 12.61 2.16 813.0 1.313 0.655 0.820 0.785 4502 MEDIA 0.790 -0.010 6352.6 0.802 — 10.13 876.3 0.668 0.455 0.480 0.455 5090 MEDIAC 0.460 -0.015 937.9 0.465 2.02 6.67 776.1 1.120 0.550 1.010 0.920 7234 MESB 0.980 0.045 294.8 0.978 — — 41.2 3.978 1.914 3.630 3.580 3069 MFCB 3.610 -0.010 160.8 3.606 9.03 1.39 1,482.9 1.160 0.625 0.840 0.810 5186 MHB 0.815 -0.015 948.1 0.826 — — 1,304.0 7.752 6.720 7.400 7.300 3816 MISC 7.390 0.010 651.6 7.352 17.40 1.89 32,987.4 2.606 2.110 2.160 2.110 2194 MMCCORP 2.130 -0.020 171.2 2.137 13.18 1.88 6,486.0 0.395 0.205 0.290 0.285 59 MMODE 0.290 0.005 124.7 0.288 — 2.07 47.2 0.100 0.045 0.055 0.055 43 MTRONIC 0.055 UNCH 360 0.055 — — 52.2 0.280 0.115 0.185 0.180 3891 MUIIND 0.180 UNCH 1719.5 0.181 — — 527.9 3.050 1.950 2.440 2.410 3905 MULPHA 2.440 0.010 28.8 2.418 4.97 — 779.9 2.370 2.020 2.060 2.020 138 MYEG 2.020 -0.010 6337.9 2.036 36.27 0.68 7,284.7 0.910 0.700 0.755 0.705 9806 NATWIDE 0.710 -0.025 25 0.720 — — 85.4 0.140 0.055 0.065 0.065 4464 NICORP 0.065 UNCH 557.6 0.065 5.46 — 57.0 0.828 0.631 — — 5533 OCB 0.715 — — — 14.19 1.40 73.5 0.985 0.750 0.925 0.905 172 OCK 0.910 0.005 265.3 0.911 27.91 0.66 793.0 3.407 1.763 2.600 2.570 5201 OLDTOWN 2.600 UNCH 190.3 2.596 18.56 2.69 1,204.4 0.210 0.070 0.140 0.135 3018 OLYMPIA 0.135 -0.005 1117.5 0.137 5.04 — 138.2 2.540 1.120 1.160 1.150 5260 OWG 1.160 UNCH 374.5 1.156 46.77 — 298.7 0.498 0.380 0.385 0.385 8419 PANSAR 0.385 UNCH 8.3 0.385 22.78 2.60 107.8 0.675 0.425 0.675 0.640 5125 PANTECH 0.670 0.035 8087.9 0.658 13.93 2.57 497.9 0.810 0.510 0.625 0.595 5657 PARKSON 0.625 0.020 1468.2 0.613 — — 683.7 1.310 1.085 1.250 1.240 5041 PBA 1.250 0.010 3.5 1.246 6.55 3.20 414.1 0.085 0.040 0.055 0.050 6254 PDZ 0.050 -0.005 5940.7 0.055 26.32 — 43.5 1.250 0.876 1.130 1.090 5133 PENERGY 1.090 -0.040 106.5 1.102 — 1.83 350.7 1.550 1.540 — — 7108 PERDANA 1.540 — — — — — 1,198.8 0.155 0.040 0.055 0.050 47 PERISAI 0.050 -0.005 4330.7 0.053 — — 63.0 0.420 0.115 0.380 0.345 7080 PERMAJU 0.360 0.010 35412.8 0.364 — — 70.5 1.770 1.510 1.600 1.580 5219 PESTECH 1.590 -0.010 119 1.586 12.46 — 1,213.8 25.100 22.389 24.680 24.320 5681 PETDAG 24.500 0.040 199.3 24.427 24.24 2.94 24,339.6 0.250 0.030 — — 7027 PETONE 0.055 — — — 1.61 — 2.8 5.524 4.140 4.160 4.140 7081 PHARMA 4.140 UNCH 3.9 4.152 26.39 3.62 1,075.7 0.189 0.118 — — 7201 PICORP 0.135 — — — — 4.52 88.8 0.420 0.225 — — 7163 PJBUMI 0.310 — — — — — 25.4 5.665 3.587 5.280 5.240 4634 POS 5.240 -0.060 622.1 5.255 44.41 2.04 4,101.8 2.516 1.601 1.810 1.770 5204 PRESBHD 1.800 UNCH 297.6 1.784 78.26 1.81 871.2 2.190 1.410 1.480 1.420 8346 PRKCORP 1.480 0.030 3.4 1.423 — — 148.0 0.350 0.123 0.305 0.295 186 PTRANS 0.305 0.015 6888.3 0.302 12.35 2.39 383.5 0.914 0.790 0.805 0.805 5272 RANHILL 0.805 UNCH 166.6 0.805 11.31 9.69 715.1 0.360 0.170 0.280 0.275 37 RGB 0.280 UNCH 2103.5 0.280 13.79 2.14 374.8 0.687 0.390 0.410 0.400 8567 SALCON 0.400 -0.010 1277.2 0.405 — — 271.1 1.134 0.762 0.945 0.935 5147 SAMCHEM 0.935 -0.010 1117.5 0.937 15.93 3.74 254.3 0.315 0.110 0.270 0.235 9113 SANBUMI 0.255 0.020 12204.7 0.256 — — 57.7 2.364 1.850 1.920 1.860 99 SCICOM 1.890 -0.010 408 1.891 14.56 4.76 671.8 0.215 0.090 0.195 0.180 7158 SCOMI 0.190 0.005 23898.9 0.190 — — 364.3 0.270 0.090 0.175 0.160 7045 SCOMIES 0.175 0.010 5890.1 0.168 — — 409.8 1.160 0.950 — — 7053 SEEHUP 1.010 — — — — 7.13 52.8 0.769 0.665 0.675 0.665 9792 SEG 0.675 UNCH 137.3 0.673 26.47 5.19 853.4 1.911 1.120 1.510 1.490 5250 SEM 1.500 UNCH 752.4 1.501 43.10 1.53 1,850.1 2.100 1.324 1.730 1.560 5218 SENERGY 1.610 -0.100 44587.8 1.616 75.94 0.62 9,647.4 2.260 1.475 2.250 2.220 5279 SERBADK 2.230 -0.020 1173.2 2.233 8.69 — 2,977.1 9.700 7.348 9.070 9.000 4197 SIME 9.010 -0.030 6731.1 9.030 30.74 3.00 61,275.6 0.749 0.600 — — 9431 SJC 0.600 — — — 32.09 1.67 24.3 1.380 1.010 1.110 1.030 5242 SOLID 1.030 UNCH 153.6 1.039 33.44 0.78 172.4 2.151 1.750 1.940 1.750 6084 STAR 1.780 -0.160 2386.5 1.833 31.73 8.43 1,314.6 3.090 2.262 — — 9865 SUIWAH 2.880 — — — 17.26 1.22 175.7 0.100 0.045 0.065 0.055 1201 SUMATEC 0.055 -0.005 24712.8 0.060 — — 212.6 1.951 1.217 1.850 1.730 5211 SUNWAY 1.830 -0.040 4698.2 1.829 5.94 3.80 9,008.5 2.257 1.865 2.090 2.080 6521 SURIA 2.080 UNCH 6 2.083 9.79 3.37 599.4 0.345 0.235 0.245 0.240 5173 SYSCORP 0.245 UNCH 930.7 0.242 51.04 — 294.0 0.490 0.285 0.410 0.395 7228 T7GLOBAL 0.400 0.010 7323.7 0.401 21.28 — 152.6 1.722 1.370 1.400 1.390 8524 TALIWRK 1.390 -0.010 106.8 1.392 26.23 5.76 1,681.2 2.667 1.419 2.350 2.290 5140 TASCO 2.350 0.030 50.9 2.328 14.83 1.91 470.0 14.800 12.832 14.440 14.320 5347 TENAGA 14.360 -0.040 7212.2 14.343 11.68 2.72 81,263.5 1.573 0.995 1.020 1.000 8702 TEXCHEM 1.010 0.010 63 1.016 54.59 19.80 125.3 0.195 0.045 0.085 0.070 7206 THHEAVY 0.080 UNCH 7680.9 0.076 — — 89.7 6.594 5.601 6.410 6.330 4863 TM 6.410 0.060 1211.4 6.374 32.03 3.37 24,088.4 0.990 0.730 0.835 0.810 101 TMCLIFE 0.815 -0.015 806.4 0.824 67.92 0.15 1,415.0 1.806 1.459 1.560 1.540 8397 TNLOGIS 1.540 UNCH 59.2 1.544 9.50 1.30 705.3 1.060 0.405 0.670 0.665 7218 TOCEAN 0.670 0.010 40 0.666 52.76 — 27.5 1.000 0.735 0.790 0.760 5167 TURBO 0.790 -0.010 11 0.768 28.01 6.33 85.3 2.892 2.400 — — 7137 UMS 2.550 — — — 16.16 2.35 103.8 0.915 0.271 0.320 0.305 5243 UMWOG 0.305 -0.010 33269.8 0.311 — — 2,505.8 1.294 1.020 1.070 1.050 7091 UNIMECH 1.050 -0.010 92.5 1.054 16.30 2.86 137.7 0.730 0.365 — — 5754 UTUSAN 0.390 — — — — — 43.2 1.980 1.280 1.460 1.430 7250 UZMA 1.440 UNCH 2483.5 1.441 14.30 — 460.8 1.080 0.600 1.010 0.995 7240 VOIR 1.000 -0.010 375.5 1.001 — — 145.2 2.140 1.655 — — 5016 WARISAN 1.980 — — — — 1.52 133.1 0.580 0.420 — — 7692 WIDETEC 0.500 — — — 30.30 — 22.4 4.291 3.542 3.890 3.810 5246 WPRTS 3.850 -0.040 681.4 3.844 22.04 3.39 13,128.5 1.448 1.020 1.050 1.030 5267 XINHWA 1.030 -0.010 255 1.045 21.68 0.97 222.5 0.075 0.020 0.030 0.025 7122 YFG 0.030 UNCH 49.8 0.028 — — 18.3 3.680 2.794 3.510 3.480 7293 YINSON 3.480 -0.030 1733.2 3.499 16.20 0.57 3,802.9 1.715 1.370 1.380 1.370 4677 YTL 1.370 UNCH 5083.4 1.374 17.93 3.65 14,947.5FINANCE 4.400 3.446 3.950 3.820 2488 ABMB 3.940 0.100 779.4 3.922 11.69 4.06 6,099.5 13.674 11.980 12.840 12.820 5139 AEONCR 12.840 UNCH 60.9 12.831 10.49 3.27 2,773.4 2.949 2.057 2.570 2.560 5185 AFFIN 2.570 UNCH 61.9 2.569 8.61 2.92 4,993.4 15.600 9.492 14.520 14.400 1163 ALLIANZ 14.500 -0.020 595.2 14.500 8.44 0.62 2,530.3 15.100 9.511 — — 1163PA ALLIANZ-PA 14.500 — — — — 0.74 1,259.3 5.551 3.754 4.400 4.380 1015 AMBANK 4.390 -0.010 1883.8 4.391 9.92 4.01 13,232.3 1.950 1.263 1.780 1.780 5088 APEX 1.780 UNCH 13.7 1.780 24.28 2.81 380.1 4.610 3.870 — — 5258 BIMB 4.350 — — — 12.35 2.99 7,124.2 10.760 7.782 9.980 9.910 1818 BURSA 9.950 UNCH 1081.9 9.951 25.34 3.72 5,348.1 7.080 4.394 6.340 6.270 1023 CIMB 6.300 -0.040 16929.9 6.297 13.41 3.17 57,028.3 0.705 0.320 0.550 0.530 2143 ECM 0.530 UNCH 6 0.547 56.99 — 151.9 1.218 1.065 1.160 1.150 5228 ELKDESA 1.160 -0.010 74 1.160 11.78 5.79 338.5 16.300 12.501 15.980 15.700 5819 HLBANK 15.800 UNCH 652 15.832 15.08 2.59 34,249.9 10.100 7.327 — — 5274 HLCAP 9.980 — — — 30.43 1.20 2,464.0 17.735 13.892 16.880 16.800 1082 HLFG 16.820 -0.080 122.2 16.825 12.77 2.26 19,301.2 2.610 2.590 — — 6688 HWANG 2.610 — — — 18.60 1.15 666.0 1.140 0.666 0.975 0.970 3379 INSAS 0.970 -0.005 998.1 0.972 3.56 1.03 672.5 0.970 0.896 0.955 0.955 3379PA INSAS-PA 0.955 UNCH 7 0.955 — 6.28 126.6 0.395 0.150 0.275 0.250 3441 JOHAN 0.260 -0.025 17897.2 0.260 — — 162.0 0.690 0.415 0.525 0.525 6483 KENANGA 0.525 UNCH 28.6 0.525 32.21 4.29 379.3 19.302 15.252 17.620 17.600 8621 LPI 17.600 UNCH 54.7 17.619 19.62 4.66 5,843.0 0.912 0.800 0.845 0.825 1198 MAA 0.835 UNCH 158.1 0.842 8.91 10.78 228.4 3.260 2.741 3.220 3.220 1058 MANULFE 3.220 UNCH 15 3.220 11.92 3.26 651.6 9.860 7.250 9.860 9.750 1155 MAYBANK 9.820 0.020 19026.2 9.816 13.28 5.60 103,974.8 1.380 0.850 1.210 1.170 1171 MBSB 1.170 UNCH 5240.9 1.182 22.12 2.56 6,931.6 2.840 2.440 2.500 2.500 6459 MNRB 2.500 UNCH 69.5 2.500 8.56 — 799.0 1.830 1.160 1.410 1.390 5237 MPHBCAP 1.400 -0.020 13.8 1.402 16.69 — 1,001.0 1.309 1.250 1.260 1.260 6009 P&O 1.260 0.010 7 1.260 27.21 7.70 309.9 20.900 18.835 20.600 20.540 1295 PBBANK 20.580 0.020 3884.9 20.569 14.99 2.87 79,894.4 1.887 1.179 1.590 1.560 9296 RCECAP 1.590 0.030 412.8 1.571 6.45 1.89 565.0 5.550 4.473 5.150 5.080 1066 RHBBANK 5.120 -0.020 1371.4 5.124 11.61 2.34 20,531.4 0.708 0.422 0.670 0.655 4898 TA 0.665 0.005 349 0.661 3.12 2.56 1,138.4 4.250 3.580 3.780 3.720 6139 TAKAFUL 3.750 0.060 248.3 3.737 16.56 4.18 3,086.8 1.620 0.980 1.150 1.130 5230 TUNEPRO 1.130 -0.010 636 1.136 15.21 4.60 849.5PROPERTIES 0.852 0.713 0.790 0.780 1007 AMPROP 0.790 0.010 24.5 0.786 46.47 3.80 480.7

MarketsB U R S A M A L A Y S I A M A I N M A R K E T


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1.850 0.990 1.290 1.270 5959 A&M 1.280 -0.010 295.8 1.280 25.30 — 467.3 0.430 0.345 0.415 0.410 1007PA AMPROP-PA 0.415 UNCH 5.7 0.411 — 4.82 120.4 0.230 0.145 0.155 0.150 4057 ASIAPAC 0.150 UNCH 468 0.152 13.39 — 150.8 0.550 0.420 — — 6602 BCB 0.455 — — — 18.50 — 187.7 0.665 0.425 0.465 0.430 9814 BERTAM 0.465 0.035 5.8 0.458 1.87 — 96.1 1.400 0.730 1.170 1.160 3239 BJASSET 1.170 0.020 62.1 1.167 — — 1,391.3 1.500 1.040 1.300 1.280 5738 CHHB 1.300 0.020 15.6 1.286 — — 358.4 1.706 1.390 1.500 1.480 6718 CRESNDO 1.480 0.010 16.4 1.495 6.06 3.38 415.1 1.720 1.244 1.620 1.620 5049 CVIEW 1.620 UNCH 40 1.620 5.42 9.26 162.0 2.390 2.100 — — 5355 DAIMAN 2.260 — — — 20.07 2.43 479.6 1.040 0.500 0.615 0.595 3484 DBHD 0.595 -0.015 576 0.603 — — 184.1 2.089 1.373 1.560 1.520 3417 E&O 1.560 0.010 229.3 1.536 18.82 1.92 2,069.7 0.325 0.250 0.300 0.285 3557 ECOFIRS 0.300 0.005 1029.6 0.293 15.38 — 240.9 1.720 1.270 1.580 1.560 8206 ECOWLD 1.580 0.020 2605.8 1.574 21.27 — 4,652.1 0.920 0.570 0.770 0.750 6076 ENCORP 0.770 UNCH 7 0.756 6.25 — 226.3 3.180 1.930 — — 8613 ENRA 2.800 — — — 33.94 1.07 381.4 1.240 0.740 1.050 1.050 6815 EUPE 1.050 UNCH 5 1.050 — — 134.4 1.360 1.000 1.100 1.090 5283 EWINT 1.100 UNCH 640.5 1.090 — — 2,640.0 0.617 0.468 — — 6041 FARLIM 0.500 — — — 10.08 4.00 70.2 0.763 0.610 0.655 0.645 5020 GLOMAC 0.650 0.010 26.9 0.649 4.33 4.62 473.1 0.523 0.367 0.395 0.385 9962 GMUTUAL 0.385 -0.005 38.5 0.389 8.73 5.19 144.6 0.470 0.290 0.415 0.405 1147 GOB 0.405 -0.010 2256.7 0.408 8.28 1.23 184.1 1.450 1.110 1.150 1.140 1503 GUOCO 1.150 0.010 63 1.140 6.33 1.74 805.5 0.570 0.370 0.455 0.455 7010 HOOVER 0.455 -0.010 19.9 0.455 44.61 — 18.2 1.374 0.781 0.840 0.825 5062 HUAYANG 0.835 0.010 132.8 0.836 7.58 4.79 293.9 0.648 0.537 0.570 0.565 4251 IBHD 0.565 UNCH 170.3 0.566 8.03 3.33 569.5 1.050 0.755 — — 5084 IBRACO 0.860 — — — 30.50 4.07 426.9 2.938 2.318 2.830 2.830 1597 IGB 2.830 0.010 112.5 2.830 9.84 3.53 3,863.8 2.312 1.798 2.050 2.030 5249 IOIPG 2.030 -0.010 1219.6 2.031 11.12 2.96 11,177.5 0.620 0.370 0.395 0.385 5175 IVORY 0.385 UNCH 289.2 0.386 16.11 — 188.7 3.290 0.785 1.280 1.260 1589 IWCITY 1.260 UNCH 1857.1 1.268 — — 1,055.1 0.154 0.095 0.105 0.100 6769 JKGLAND 0.100 -0.005 189.7 0.102 14.71 2.30 227.5 0.085 0.040 0.070 0.065 3115 KBUNAI 0.065 UNCH 67 0.066 14.13 — 375.5 1.100 0.798 0.940 0.940 7323 KEN 0.940 0.010 4 0.940 4.33 2.66 180.2 1.330 0.995 1.260 1.240 5038 KSL 1.250 UNCH 164.2 1.250 4.07 — 1,296.9 0.308 0.210 0.225 0.220 3174 L&G 0.225 0.005 2467.8 0.222 7.55 — 659.0 1.287 1.051 — — 8494 LBICAP 1.090 — — — — 9.63 87.9 2.057 1.546 1.830 1.760 5789 LBS 1.830 0.030 1999.8 1.771 11.39 2.19 1,241.7 0.460 0.235 0.355 0.345 3573 LIENHOE 0.350 UNCH 96.7 0.351 — — 126.6 1.690 0.941 1.410 1.350 7617 MAGNA 1.410 0.060 50.7 1.376 70.50 4.26 472.2 1.615 1.281 1.500 1.460 8583 MAHSING 1.490 0.040 299.5 1.481 11.17 4.36 3,602.5 1.940 0.594 1.190 1.170 6181 MALTON 1.180 0.010 1087.8 1.175 9.42 2.12 622.9 2.290 1.798 2.230 2.210 5236 MATRIX 2.230 0.020 491.8 2.220 8.92 4.93 1,647.7 1.880 1.000 1.600 1.580 7189 MBWORLD 1.600 UNCH 98.2 1.590 6.65 — 251.8 1.200 0.750 0.880 0.850 5182 MCT 0.880 UNCH 14 0.869 18.53 — 1,174.6 0.525 0.405 0.420 0.415 5040 MEDAINC 0.415 -0.010 509.2 0.418 36.73 — 204.4 1.020 0.680 0.910 0.910 1694 MENANG 0.910 UNCH 68.8 0.910 21.46 — 243.1 0.605 0.250 0.420 0.375 8141 MJPERAK 0.400 0.020 3109.2 0.398 95.24 5.35 102.8 2.614 2.060 2.190 2.120 6114 MKH 2.180 0.080 80 2.159 5.62 3.11 1,227.1 0.360 0.260 0.260 0.260 8893 MKLAND 0.260 UNCH 111 0.260 17.33 — 313.9 0.215 0.085 0.170 0.145 6548 MPCORP 0.150 UNCH 167.4 0.149 — — 43.1 1.761 1.000 1.040 1.010 1651 MRCB 1.010 UNCH 6651.5 1.021 8.47 2.72 2,214.5 1.080 0.595 — — 9539 MUH 0.610 — — — — — 34.4 0.365 0.230 — — 3913 MUIPROP 0.290 — — — 322.2 — 221.6 1.900 1.140 1.260 1.220 5073 NAIM 1.220 -0.040 51 1.234 — — 305.0 2.949 2.192 — — 5827 OIB 2.520 — — — 9.48 2.78 365.1 1.679 1.322 1.590 1.580 5053 OSK 1.580 UNCH 134 1.581 8.97 4.75 2,216.6 1.849 1.285 1.740 1.730 1724 PARAMON 1.740 0.020 68.2 1.733 11.40 4.89 738.3 0.695 0.445 0.625 0.605 6912 PASDEC 0.625 0.015 25 0.622 — — 178.7 1.820 1.540 1.640 1.620 5075 PLENITU 1.620 -0.010 34 1.622 12.27 2.78 618.1 0.425 0.225 0.400 0.370 2208 PTGTIN 0.395 0.025 1541.6 0.392 — — 136.7 1.270 0.900 0.950 0.950 4596 SAPRES 0.950 UNCH 20 0.950 1.27 3.16 132.6 0.820 0.660 0.670 0.670 5207 SBCCORP 0.670 UNCH 63 0.670 — — 157.3 1.170 0.785 1.140 1.120 2224 SDRED 1.140 0.020 104.5 1.136 8.72 2.19 485.8 0.580 0.370 0.435 0.435 4286 SEAL 0.435 0.005 15 0.435 — — 105.7 2.860 2.704 2.840 2.820 6017 SHL 2.820 -0.020 53.1 2.825 8.45 7.09 682.8 0.305 0.140 0.230 0.220 4375 SMI 0.230 0.005 59.9 0.224 1.61 — 48.3 1.000 0.690 — — 5213 SNTORIA 0.800 — — — 11.16 — 399.3 5.190 4.211 4.800 4.750 1783 SPB 4.770 -0.030 192.3 4.770 12.65 2.52 1,639.1 4.264 2.937 3.500 3.380 8664 SPSETIA 3.400 UNCH 206.6 3.409 4.96 5.88 10,153.6 1.590 0.895 1.450 1.420 3743 SUNSURIA 1.450 0.030 293.8 1.434 14.20 — 1,158.3 1.035 0.604 0.880 0.880 1538 SYMLIFE 0.880 UNCH 23.2 0.880 6.11 3.41 272.8 0.410 0.215 0.385 0.375 5158 TAGB 0.375 -0.005 328.5 0.379 7.64 1.07 1,995.6 7.600 6.135 — — 2305 TAHPS 7.000 — — — 31.63 0.71 524.0 0.055 0.035 0.050 0.050 2259 TALAMT 0.050 UNCH 220 0.050 — — 211.0 1.465 1.130 1.150 1.140 5191 TAMBUN 1.150 0.010 144 1.148 4.72 8.70 498.3 0.140 0.055 0.125 0.115 2429 TANCO 0.120 UNCH 2725.6 0.120 — — 79.4 0.315 0.170 0.240 0.240 7889 THRIVEN 0.240 UNCH 11.2 0.240 — — 90.4 0.085 0.040 0.070 0.055 7079 TIGER 0.060 UNCH 91609.5 0.063 — — 93.4 1.930 1.380 1.430 1.390 5239 TITIJYA 1.410 0.010 296.8 1.401 7.21 0.35 578.1 1.044 0.925 0.935 0.925 5401 TROP 0.930 -0.005 162 0.931 9.05 2.66 1,363.2 1.360 0.995 1.140 1.120 5148 UEMS 1.120 -0.010 605.5 1.129 20.74 1.43 5,081.9 2.680 2.096 2.530 2.510 5200 UOADEV 2.520 -0.010 1342 2.517 6.10 5.95 4,370.3 0.525 0.229 — — 6378 WMG 0.350 — — — — — 149.2 1.279 0.866 — — 7003 Y&G 0.955 — — — 14.71 — 190.4 1.630 1.330 1.400 1.390 3158 YNHPROP 1.400 UNCH 57.5 1.397 21.94 — 740.6 1.620 1.100 1.620 1.560 7066 YONGTAI 1.620 0.040 2360.5 1.598 45.89 — 705.8 0.670 0.550 0.570 0.560 2577 YTLLAND 0.570 0.005 38.8 0.566 56.44 — 481.3MINING 1.630 1.150 1.500 1.440 2186 KUCHAI 1.500 0.050 5.1 1.441 4.14 0.57 185.6PLANTATIONS 0.285 0.195 0.230 0.205 7054 AASIA 0.230 0.025 16 0.211 — — 151.8 19.575 17.198 19.060 19.040 1899 BKAWAN 19.060 -0.020 4.9 19.042 12.13 2.89 8,309.2 8.639 8.380 — — 5069 BLDPLNT 8.400 — — — 50.48 0.48 785.4 1.666 1.349 1.620 1.600 5254 BPLANT 1.600 -0.010 752 1.605 16.61 8.75 2,560.0 1.000 0.658 0.920 0.900 8982 CEPAT 0.915 0.010 180.4 0.907 8.73 1.64 291.4 8.244 7.360 — — 1929 CHINTEK 7.800 — — — 40.14 2.44 712.6 0.660 0.385 0.595 0.580 3948 DUTALND 0.595 0.010 1731.4 0.588 38.14 — 503.4 9.800 7.205 — — 5029 FAREAST 9.200 — — — 8.44 3.26 1,300.8 2.457 1.412 1.700 1.670 5222 FGV 1.700 0.020 3061.8 1.682 95.51 0.59 6,201.9 11.614 10.066 10.460 10.320 2291 GENP 10.380 -0.100 90.2 10.411 18.55 1.30 8,339.0 0.663 0.506 0.595 0.595 7382 GLBHD 0.595 -0.005 50 0.595 48.77 1.68 132.6 1.410 1.105 1.400 1.400 2135 GOPENG 1.400 UNCH 3 1.400 47.14 2.86 251.1 0.890 0.670 0.710 0.700 7501 HARNLEN 0.700 -0.010 25.3 0.702 36.65 — 129.8 2.670 2.276 2.660 2.650 5138 HSPLANT 2.660 0.010 67.6 2.654 14.12 5.45 2,128.0 3.616 2.930 2.940 2.930 2216 IJMPLNT 2.930 -0.010 50.5 2.938 24.17 2.39 2,580.1 0.734 0.650 0.685 0.685 2607 INCKEN 0.685 0.005 21.7 0.685 201.47 1.64 288.2 1.475 0.649 1.310 1.260 6262 INNO 1.260 -0.040 56.6 1.293 15.40 1.59 603.4 4.757 4.208 4.570 4.510 1961 IOICORP 4.510 -0.020 1777.1 4.529 38.68 2.11 28,340.2 25.137 22.521 24.740 24.300 2445 KLK 24.480 -0.080 1137.9 24.495 22.90 2.04 26,132.5 3.690 2.990 — — 2453 KLUANG 3.580 — — — 122.6 0.28 226.2 3.980 3.074 3.900 3.900 5027 KMLOONG 3.900 UNCH 1 3.900 14.62 3.85 1,216.0 0.695 0.491 0.560 0.540 1996 KRETAM 0.560 0.015 216.4 0.551 29.63 1.79 1,303.5 1.750 1.290 — — 6572 KWANTAS 1.520 — — — 11.23 — 473.7 1.550 1.240 — — 4936 MALPAC 1.290 — — — — — 96.8 0.963 0.790 — — 5026 MHC 0.875 — — — 10.39 1.71 172.0 2.388 1.700 — — 5047 NPC 1.900 — — — 6.25 0.53 228.0 4.239 3.900 — — 2038 NSOP 3.920 — — — 31.74 1.53 275.2 0.315 0.190 — — 1902 PINEPAC 0.225 — — — — — 33.7 1.380 0.920 — — 9695 PLS 1.000 — — — — — 326.7 0.550 0.400 0.435 0.410 5113 RSAWIT 0.435 0.025 406.4 0.423 — — 617.0 4.100 3.444 — — 2542 RVIEW 3.660 — — — 15.05 1.64 237.4 3.280 2.900 3.100 3.080 2569 SBAGAN 3.080 -0.020 9 3.093 — 0.65 204.3 0.720 0.505 — — 4316 SHCHAN 0.600 — — — — — 72.0 4.030 3.480 4.010 3.990 5126 SOP 4.000 0.010 645.5 4.000 10.19 1.25 2,283.2 1.850 1.520 — — 5135 SWKPLNT 1.560 — — — 10.79 — 436.8 0.730 0.500 0.515 0.505 2054 TDM 0.510 0.005 364.9 0.511 49.04 0.98 845.5 1.207 0.998 1.110 1.070 5112 THPLANT 1.110 0.040 47.6 1.082 5.95 5.41 981.1 1.928 1.560 1.660 1.650 9059 TSH 1.650 -0.010 32.6 1.656 43.88 1.21 2,280.0 6.830 5.330 6.540 6.500 2593 UMCCA 6.500 -0.050 35.2 6.517 15.55 3.08 1,361.5 28.700 25.323 27.500 27.400 2089 UTDPLT 27.400 -0.100 4.4 27.477 14.80 1.46 5,702.9HOTELS 0.628 0.483 0.525 0.525 5592 GCE 0.525 -0.005 3 0.525 — 3.81 103.4 1.000 0.680 0.760 0.755 1643 LANDMRK 0.760 -0.010 103 0.760 — — 402.0 0.230 0.115 0.150 0.145 1287 PMHLDG 0.150 0.005 600.2 0.147 — — 139.3 5.620 4.860 5.250 5.230 5517 SHANG 5.250 UNCH 26 5.240 30.03 2.67 2,310.0TECHNOLOGY 0.715 0.585 — — 7031 AMTEL 0.630 — — — 57.27 — 31.0 0.420 0.180 0.280 0.280 5195 CENSOF 0.280 -0.005 127 0.280 — — 140.5 0.400 0.105 0.295 0.285 51 CUSCAPI 0.285 -0.005 497.6 0.288 — — 137.6 0.729 0.283 0.545 0.535 7204 D&O 0.540 UNCH 695.4 0.541 35.53 — 540.0 0.710 0.110 0.395 0.380 8338 DATAPRP 0.390 0.005 2486.9 0.387 — — 164.3 0.235 0.140 0.150 0.145 29 DIGISTA 0.145 UNCH 436 0.145 — — 86.9 1.578 1.304 1.380 1.360 5162 ECS 1.380 -0.010 112 1.376 8.68 4.35 248.4 1.510 0.539 1.480 1.450 65 EFORCE 1.450 UNCH 523.9 1.461 94.16 0.86 599.9 2.917 1.152 2.640 2.570 90 ELSOFT 2.600 UNCH 87.3 2.593 21.94 1.92 715.4 1.870 0.790 1.680 1.620 21 GHLSYS 1.640 0.020 643.9 1.643 54.49 0.30 1,081.5 0.455 0.210 0.350 0.340 82 GPACKET 0.345 UNCH 1675.2 0.344 3.14 — 261.8 0.280 0.175 — — 56 GRANFLO 0.240 — — — — — 115.9 6.650 3.190 6.060 5.970 7022 GTRONIC 6.010 0.040 1247.9 6.015 62.22 0.67 1,712.8 0.923 0.490 0.740 0.730 5028 HTPADU 0.735 0.010 41.5 0.735 6.51 6.80 74.4 2.618 1.956 2.400 2.360 166 INARI 2.390 UNCH 4942.2 2.383 20.41 3.12 4,827.9 0.435 0.075 0.190 0.180 9393 ITRONIC 0.190 0.005 19.2 0.183 — — 19.5 0.675 0.445 0.520 0.510 5161 JCY 0.515 UNCH 1591.4 0.514 32.39 8.74 1,069.6 16.720 7.687 15.980 15.640 9334 KESM 15.800 -0.280 71.5 15.797 15.43 0.41 679.6 0.180 0.060 0.155 0.145 143 KEYASIC 0.150 0.005 2524 0.150 — — 133.5 14.300 7.086 13.380 12.900 3867 MPI 12.940 0.040 202.3 12.984 13.81 2.09 2,715.9 1.467 0.960 1.280 1.280 5011 MSNIAGA 1.280 -0.030 1 1.280 17.11 3.91 77.3 1.327 0.343 1.010 0.995 83 NOTION 1.010 UNCH 280.7 0.999 15.03 2.72 333.9 0.605 0.430 0.475 0.460 9008 OMESTI 0.460 -0.020 170.1 0.465 — — 198.1 0.375 0.250 0.255 0.250 41 PANPAGE 0.255 -0.005 168 0.253 — — 67.7 5.080 1.190 4.880 4.720 7160 PENTA 4.780 0.060 254.3 4.752 20.01 — 700.6 0.610 0.250 0.365 0.365 9075 THETA 0.365 UNCH 20 0.365 — — 39.1 0.197 0.073 0.175 0.160 118 TRIVE 0.165 -0.005 28036.5 0.166 75.00 — 220.5 4.207 2.184 3.840 3.750 5005 UNISEM 3.820 0.080 1913.4 3.789 15.84 2.88 2,803.2

Ace Market YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)

4.800 1.727 4.580 4.440 97 VITROX 4.570 0.120 1305.8 4.466 28.67 0.71 2,148.3 1.750 0.665 1.190 1.180 8 WILLOW 1.190 -0.010 140.5 1.185 14.51 1.68 295.1INFRASTRUCTURE PROJECT COMPANIES 5.087 4.583 4.910 4.850 6947 DIGI 4.910 0.060 3972.8 4.901 24.70 4.01 38,175.3 5.994 5.293 5.800 5.760 6645 LITRAK 5.760 0.010 176.4 5.799 14.08 5.21 3,039.2 0.372 0.215 0.250 0.240 5078 M&G 0.240 -0.015 574.2 0.245 — 20.83 173.7 1.180 0.700 0.740 0.720 6807 PUNCAK 0.720 UNCH 1035.7 0.729 — — 323.5 9.900 7.490 9.050 8.830 5031 TIMECOM 8.890 -0.050 1593.8 8.891 19.86 2.24 5,169.1 1.539 1.360 1.380 1.360 6742 YTLPOWR 1.360 -0.010 1691.3 1.369 15.65 3.68 11,074.9CLOSED-END FUNDS 2.690 2.340 2.650 2.640 5108 ICAP 2.650 0.010 7.7 2.647 230.43 — 371.0EXCHANGE TRADED FUNDS 1.137 1.070 — — 0800EA ABFMY1 1.137 — — — — 5.00 1,501.3 2.210 1.680 2.210 2.170 0822EA CIMBA40 2.210 UNCH 64.9 2.199 — 3.34 3.0 1.670 1.290 1.650 1.650 0823EA CIMBC50 1.650 UNCH 0.1 1.650 — — 16.1 1.865 1.700 1.855 1.855 0820EA FBMKLCI-EA 1.855 0.010 22.3 1.855 — 1.78 3.1 1.090 0.977 — — 0826EA METFAPA 1.020 — — — — — 19.4 0.952 0.895 0.895 0.895 0825EA METFSID 0.895 -0.005 45 0.895 — 2.61 47.4 1.115 1.045 — — 0821EA MYETFDJ 1.095 — — — — 2.04 304.3 1.110 1.015 1.070 1.070 0824EA MYETFID 1.070 UNCH 41 1.070 — 1.42 54.4REITS 1.000 0.880 0.890 0.890 4952 AHP 0.890 0.005 8 0.890 66.92 4.72 195.8 1.615 1.378 1.470 1.470 5116 ALAQAR 1.470 -0.010 21.1 1.470 17.82 5.14 1,070.5 1.030 0.966 — — 5269 ALSREIT 0.995 — — — 11.60 6.28 577.1 0.828 0.705 0.710 0.710 5120 AMFIRST 0.710 -0.005 294.2 0.710 21.65 5.72 487.3 0.965 0.854 — — 5127 ARREIT 0.940 — — — 13.66 5.97 538.8 1.210 0.978 — — 5130 ATRIUM 1.140 — — — 22.71 5.96 138.9 1.689 1.497 1.560 1.540 5106 AXREIT 1.550 UNCH 42.5 1.553 16.11 5.46 1,713.0 1.664 1.420 1.430 1.420 5180 CMMT 1.430 UNCH 117.9 1.430 19.07 5.85 2,914.0 1.532 1.192 1.300 1.280 5121 HEKTAR 1.280 -0.010 284.5 1.291 12.44 8.93 591.3 1.750 1.406 1.710 1.700 5227 IGBREIT 1.700 UNCH 510.6 1.701 21.04 5.11 5,964.0 1.008 0.881 0.950 0.935 5280 KIPREIT 0.950 0.010 244.9 0.936 22.51 3.07 480.0 8.007 7.187 7.870 7.790 5235SS KLCC 7.800 -0.010 2447.6 7.800 16.00 4.57 14,081.6 1.320 1.129 1.300 1.280 5123 MQREIT 1.290 UNCH 36.3 1.293 15.89 9.84 1,377.7 1.866 1.551 1.740 1.730 5212 PAVREIT 1.740 UNCH 1817.9 1.740 17.37 4.62 5,272.4 1.749 1.547 1.740 1.720 5176 SUNREIT 1.740 0.020 2966 1.725 12.08 5.28 5,124.4 1.220 1.095 — — 5111 TWRREIT 1.200 — — — 17.22 5.78 336.6 1.796 1.620 1.630 1.630 5110 UOAREIT 1.630 UNCH 198.4 1.630 15.36 5.79 689.3 1.210 1.025 1.200 1.190 5109 YTLREIT 1.190 UNCH 748.7 1.190 — 5.87 2,028.2SPAC 0.720 0.700 — — 5234 CLIQ 0.720 — — — — — 454.3 0.480 0.475 — — 5241 SONA 0.475 — — — — — 670.1

MarketsB U R S A M A L A Y S I A M A I N M A R K E T . A C E M A R K E T


CONSUMER PRODUCTS 0.285 0.195 0.265 0.260 179 BIOHLDG 0.265 0.005 4796.4 0.260 20.70 — 214.2 0.310 0.200 0.210 0.200 170 KANGER 0.205 -0.005 2281.6 0.205 21.58 — 163.7 0.450 0.200 0.360 0.335 148 SUNZEN 0.350 0.015 1698.9 0.349 50.72 — 168.8 0.065 0.025 0.060 0.055 95 XINGHE 0.055 Unch 4708.1 0.055 4.44 — 129.2INDUSTRIAL PRODUCTS 0.245 0.137 0.170 0.165 105 ASIAPLY 0.165 -0.005 97.5 0.166 18.13 3.03 55.0 0.285 0.090 0.120 0.120 72 AT 0.120 Unch 5761 0.120 — — 49.5 0.445 0.245 0.325 0.310 163 CAREPLS 0.320 0.010 2993.7 0.317 — — 154.6 0.330 0.110 0.200 0.195 102 CONNECT 0.195 0.005 308.5 0.196 20.97 — 62.7 0.520 0.335 0.360 0.350 100 ESCERAM 0.360 0.005 79.1 0.350 11.61 1.67 74.0 0.350 0.215 0.310 0.305 175 HHGROUP 0.305 -0.005 735.4 0.309 217.86 — 94.2 0.145 0.065 0.110 0.110 160 HHHCORP 0.110 -0.005 51.3 0.110 17.46 — 36.7 0.555 0.175 0.400 0.380 162 IJACOBS 0.395 0.015 1161.3 0.392 22.70 — 53.6 0.165 0.095 0.135 0.130 24 JAG 0.130 -0.005 1145.6 0.133 17.57 0.77 164.6 0.250 0.125 0.190 0.185 25 LNGRES 0.185 Unch 265 0.189 19.27 — 44.8 0.150 0.040 0.070 0.065 70 MQTECH 0.065 -0.005 2855.2 0.068 — — 27.0 0.860 0.365 0.705 0.680 49 OCNCASH 0.700 0.010 1024 0.691 14.37 1.00 156.1 0.610 0.130 0.290 0.275 38 PTB 0.285 0.015 838.8 0.285 — — 42.9 0.175 0.150 0.165 0.160 133 SANICHI 0.165 0.005 552 0.162 — — 48.9 0.060 0.025 — — 109 SCBUILD 0.030 — — — — — 26.5 0.220 0.110 0.170 0.165 1 SCOMNET 0.165 Unch 495 0.169 16.02 — 40.1 0.289 0.142 0.215 0.215 28 SCOPE 0.215 Unch 140 0.215 26.22 2.33 120.5 0.290 0.120 0.185 0.180 55 SERSOL 0.180 0.005 334 0.180 — — 38.8 1.030 0.177 0.995 0.955 84 TECFAST 0.985 0.010 1241 0.973 42.27 0.51 168.5TECHNOLOGY 0.995 0.160 0.700 0.650 18 ACCSOFT 0.660 -0.025 178 0.660 28.45 — 549.6 0.750 0.160 0.615 0.590 181 AEMULUS 0.610 0.020 5644.7 0.604 73.49 — 267.7 0.455 0.195 0.380 0.350 119 APPASIA 0.355 -0.015 1840 0.367 — — 111.4 0.450 0.145 0.150 0.150 68 ASDION 0.150 -0.005 5 0.150 — — 17.4 1.090 0.615 0.680 0.660 98 BAHVEST 0.670 Unch 184.1 0.668 — — 402.0 0.764 0.590 0.610 0.600 191 CABNET 0.605 -0.005 145.8 0.602 9.92 — 78.7 0.065 0.030 0.050 0.045 152 DGB 0.050 Unch 217.8 0.045 — — 26.9 0.075 0.025 0.035 0.030 131 DGSB 0.035 Unch 803.3 0.031 58.33 — 47.5 0.120 0.050 0.080 0.075 154 EAH 0.080 Unch 19414 0.079 40.00 — 119.3 0.260 0.120 0.130 0.125 107 EDUSPEC 0.125 -0.005 217.2 0.125 — — 116.6 0.295 0.065 0.260 0.255 116 FOCUS 0.255 -0.010 410.2 0.258 — — 198.2 1.470 0.815 1.370 1.280 104 GENETEC 1.310 Unch 488.4 1.324 — — 46.5 0.759 0.431 0.620 0.600 39 GFM 0.605 -0.010 704.9 0.606 24.69 2.40 259.0 0.090 0.035 0.065 0.065 45 GNB 0.065 Unch 1517.6 0.065 — — 18.8 0.185 0.070 0.160 0.155 74 GOCEAN 0.155 Unch 220 0.156 258.33 — 40.8 0.100 0.040 0.065 0.065 174 IDMENSN 0.065 Unch 404.5 0.065 — — 32.2 0.533 0.227 0.415 0.380 23 IFCAMSC 0.410 0.030 21758.1 0.402 24.12 1.22 249.4 0.100 0.060 0.080 0.070 94 INIX 0.075 -0.005 253.4 0.075 27.78 — 19.0 0.220 0.100 0.175 0.170 10 IRIS 0.175 Unch 4787 0.174 — — 432.6 2.290 0.450 2.190 2.110 146 JFTECH 2.150 -0.010 254.9 2.161 42.49 0.93 270.9 3.420 0.594 3.050 2.900 127 JHM 3.050 0.180 1135 3.000 26.92 — 801.5 0.270 0.130 0.190 0.185 111 K1 0.185 Unch 400.7 0.185 — — 96.0 0.460 0.102 0.115 0.110 36 KGROUP 0.115 Unch 2294 0.115 — — 49.2 1.130 0.230 0.975 0.905 176 KRONO 0.970 0.065 13010.3 0.941 24.31 — 288.5 0.130 0.045 0.090 0.085 17 M3TECH 0.090 Unch 2486.6 0.087 — — 52.8 0.450 0.220 0.410 0.405 75 MEXTER 0.405 0.005 554.6 0.406 — — 90.5 0.590 0.420 — — 155 MGRC 0.440 — — — 68.75 — 45.5 1.370 0.855 1.070 0.980 126 MICROLN 1.070 0.090 667.9 1.038 30.14 — 179.1 0.595 0.319 0.465 0.450 112 MIKROMB 0.465 0.015 1842.3 0.459 18.31 1.70 200.4 0.465 0.065 0.100 0.095 85 MLAB 0.095 Unch 4199.7 0.095 47.50 — 54.2 0.265 0.160 0.250 0.240 34 MMAG 0.245 Unch 2161.6 0.245 — — 67.3 2.028 0.498 1.820 1.770 113 MMSV 1.800 Unch 829.3 1.789 16.92 1.11 293.4 0.160 0.055 0.070 0.070 103 MNC 0.070 Unch 484 0.070 38.89 — 33.5 0.310 0.150 0.250 0.240 156 MPAY 0.250 0.010 4084.9 0.245 — — 177.6 0.735 0.130 0.215 0.210 92 MTOUCHE 0.210 -0.005 2919.7 0.210 48.84 — 26.7 1.050 0.616 0.985 0.955 108 N2N 0.970 0.015 3570.5 0.967 23.43 2.06 462.8 0.110 0.015 0.060 0.055 20 NETX 0.055 Unch 12312.7 0.055 61.11 — 69.0 0.065 0.035 0.040 0.035 96 NEXGRAM 0.040 Unch 260 0.038 — — 75.3 0.115 0.070 0.080 0.080 26 NOVAMSC 0.080 Unch 277 0.080 — — 54.7 0.662 0.536 0.550 0.550 35 OPCOM 0.550 Unch 77 0.550 16.13 7.27 88.7 0.408 0.310 0.330 0.320 40 OPENSYS 0.330 0.005 264.7 0.324 20.25 3.03 98.3 0.380 0.125 0.135 0.130 79 ORION 0.130 Unch 140.5 0.130 — — 77.9 0.260 0.055 0.235 0.210 5 PALETTE 0.215 -0.010 30218 0.224 — — 68.7 0.230 0.135 0.165 0.165 123 PRIVA 0.165 -0.005 1502.4 0.165 — — 92.1 0.175 0.055 0.140 0.135 7 PUC 0.140 Unch 2272.5 0.138 58.33 — 174.8 0.980 0.544 0.860 0.830 106 REXIT 0.830 -0.015 816.6 0.845 19.67 4.82 157.1 0.375 0.218 0.335 0.330 178 SEDANIA 0.330 -0.005 464 0.330 — 3.03 74.5 0.190 0.055 0.125 0.120 60 SKH 0.120 Unch 10355 0.124 50.00 — 66.5 0.300 0.155 — — 117 SMRT 0.165 — — — — — 59.6 0.185 0.100 0.160 0.155 169 SMTRACK 0.155 -0.010 10056 0.156 — — 17.5 0.355 0.232 0.285 0.280 93 SOLUTN 0.285 0.005 461.3 0.285 8.26 3.51 87.3 0.360 0.080 0.150 0.145 129 SRIDGE 0.150 0.005 529 0.145 — — 18.2 0.470 0.155 0.410 0.395 50 SYSTECH 0.405 0.010 6981.8 0.400 54.00 0.74 140.8 0.190 0.140 0.145 0.145 132 TDEX 0.145 Unch 187.6 0.145 131.82 — 59.9 1.480 0.214 1.150 1.120 120 VIS 1.150 Unch 1201 1.135 20.00 0.43 127.3 0.215 0.115 0.140 0.135 69 VIVOCOM 0.135 Unch 17556.7 0.136 21.77 — 445.2 0.145 0.065 0.100 0.100 66 VSOLAR 0.100 Unch 153 0.100 — — 37.4 0.070 0.020 — — 141 WINTONI 0.035 — — — — — 18.0 0.275 0.080 0.195 0.195 86 YGL 0.195 Unch 70 0.195 — — 45.3TRADING SERVICES 0.400 0.150 — — 122 AIM 0.300 — — — — — 79.8 0.165 0.060 0.130 0.115 48 ANCOMLB 0.125 0.015 1771.8 0.122 — — 59.2 0.240 0.120 0.150 0.145 150 ASIABIO 0.145 -0.005 1182 0.150 1.18 — 65.3 0.275 0.155 0.170 0.165 187 BCMALL 0.170 Unch 280.5 0.166 36.96 — 71.6 0.392 0.291 — — 11 BTECH 0.325 — — — 20.06 4.92 81.9 0.320 0.170 — — 157 FOCUSP 0.180 — — — — — 29.7 1.210 0.386 1.160 1.130 185 HSSEB 1.130 Unch 1354.4 1.144 23.74 0.56 360.6 0.900 0.540 0.720 0.720 147 INNITY 0.720 -0.030 15 0.720 68.57 — 99.7 0.310 0.210 0.225 0.215 180 KTC 0.215 -0.010 929.7 0.220 97.73 — 109.7 0.350 0.130 0.210 0.210 167 MCLEAN 0.210 0.005 10 0.210 100.00 — 37.5 0.440 0.250 — — 81 MEGASUN 0.285 — — — 12.84 — 62.5 0.280 0.165 0.205 0.195 153 OVERSEA 0.205 0.005 26.8 0.195 341.67 — 50.5 0.200 0.115 0.160 0.160 177 PASUKGB 0.160 Unch 56.7 0.160 — — 129.9 0.450 0.230 — — 6 PINEAPP 0.410 — — — 215.7 — 19.9 0.375 0.201 0.325 0.320 171 PLABS 0.325 Unch 45 0.324 17.96 2.15 69.8 0.005 0.005 — — 110 RA 0.005 — — — 2.63 — 4.8 0.615 0.280 0.420 0.420 32 REDTONE 0.420 0.005 104 0.420 — — 318.2 0.525 0.140 0.490 0.460 173 REV 0.485 0.025 4298.4 0.483 4.11 — 65.3 0.726 0.477 0.605 0.600 158 SCC 0.605 -0.010 53.2 0.601 16.76 5.01 85.4 0.275 0.160 0.205 0.195 161 SCH 0.195 -0.005 459.2 0.199 114.71 4.36 80.4 0.230 0.100 0.200 0.195 140 STERPRO 0.200 Unch 1069 0.195 — — 55.9 0.255 0.103 0.250 0.245 80 STRAITS 0.250 Unch 1609.2 0.245 47.17 — 92.0 1.360 0.955 1.280 1.280 89 TEXCYCL 1.280 Unch 2 1.280 13.22 0.39 218.6 0.230 0.100 0.175 0.170 145 TFP 0.170 Unch 627 0.171 — — 34.9 0.155 0.095 0.105 0.100 165 XOX 0.100 -0.005 1321.1 0.104 — — 85.2FINANCE 0.965 0.386 0.715 0.705 53 OSKVI 0.705 Unch 67.8 0.711 2.53 2.84 139.3

MarketsB U R S A M A L A Y S I A E Q U I T Y D E R I V A T I V E S

THURSDAY SEPTEMBER 28, 2017 • THEEDGE FINANCIAL DAILY 2 6

Bursa Malaysia Equity Derivatives

0.095 0.065 0.070 0.070 523812 AAX-C12 0.070 Unch 58 0.380 0.360 16.84 30/03/2018 0.165 0.015 0.015 0.015 5238C7 AAX-C7 0.015 Unch 135.5 0.380 0.430 17.11 31/10/2017 0.310 0.160 0.205 0.200 5238WA AAX-WA 0.200 -0.005 290.1 0.380 0.460 73.68 08/06/2020 0.120 0.035 0.060 0.060 7146WA AEM-WA 0.060 Unch 247 0.165 0.250 87.88 17/12/2019 0.330 0.050 0.215 0.195 7315WB AHB-WB 0.215 0.020 1488.6 0.320 0.200 29.69 28/08/2019 0.235 0.110 0.125 0.120 509952 AIRASIAC52 0.125 0.010 419 3.430 3.200 4.23 31/10/2017 0.200 0.090 0.145 0.135 509953 AIRASIAC53 0.145 0.010 116.6 3.430 3.200 5.98 02/02/2018 0.180 0.050 0.060 0.050 509954 AIRASIAC54 0.055 -0.005 2196 3.430 3.600 9.29 31/10/2017 0.150 0.080 0.100 0.095 509955 AIRASIAC55 0.100 0.010 65 3.430 4.000 24.49 29/12/2017 0.185 0.160 0.175 0.175 509958 AIRASIAC58 0.175 0.005 360 3.430 3.300 16.62 26/04/2018 0.510 0.130 0.330 0.295 5014CS AIRPORT-CS 0.300 0.005 170 8.550 7.350 1.75 02/02/2018 0.275 0.150 0.160 0.150 5014CT AIRPORT-CT 0.150 -0.055 121 8.550 8.200 6.43 25/01/2018 0.420 0.160 0.280 0.270 7609WA AJIYA-WA 0.280 Unch 106 0.740 0.920 62.16 28/08/2021 0.135 0.055 0.060 0.055 1015C1 AMBANK-C1 0.060 Unch 305.1 4.390 5.000 18.00 30/04/2018 0.145 0.130 0.130 0.130 1015C3 AMBANK-C3 0.130 -0.005 283.8 4.390 4.700 16.83 30/03/2018 0.315 0.140 0.255 0.195 6556CC ANNJOO-CC 0.240 Unch 216.1 3.580 2.800 1.68 31/10/2017 0.280 0.115 0.220 0.190 6556CD ANNJOO-CD 0.210 0.020 706.3 3.580 3.000 4.33 08/12/2017 0.240 0.110 0.200 0.180 6556CE ANNJOO-CE 0.195 0.015 1682.7 3.580 3.100 11.10 02/02/2018 0.035 0.010 0.010 0.010 5194WA APFT-WA 0.010 Unch 49.9 0.025 0.400 1,540 13/07/2018 0.335 0.110 0.250 0.235 0119WA APPASIA-WA 0.245 0.010 1030.6 0.355 0.130 5.63 23/12/2024 0.100 0.025 0.045 0.040 521027 ARMADA-C27 0.040 -0.010 1681.1 0.735 0.835 19.05 02/02/2018 0.100 0.060 0.080 0.075 521028 ARMADA-C28 0.075 -0.010 4587.9 0.735 0.750 13.27 30/01/2018 0.110 0.045 0.050 0.050 0150WA ASIABIO-WA 0.050 -0.005 179.9 0.145 0.300 141.38 19/04/2024 0.765 0.110 0.255 0.225 7099WB ATTA-WB 0.240 Unch 121.7 0.815 1.000 52.15 09/05/2022 0.105 0.030 0.040 0.040 0072WA AT-WA 0.040 Unch 88.7 0.120 0.270 158.33 28/01/2019 0.120 0.060 0.065 0.065 0072WB AT-WB 0.065 Unch 614.6 0.120 0.090 29.17 17/10/2019 0.100 0.045 0.075 0.075 688820 AXIATA-C20 0.075 0.005 200 5.180 5.200 6.18 28/02/2018 0.730 0.210 0.570 0.570 7078WA AZRB-WA 0.570 Unch 7 1.130 0.700 12.39 13/05/2024 0.330 0.180 0.285 0.270 0098WA BAHVEST-WA 0.270 -0.020 830.5 0.670 0.870 70.15 20/08/2024 0.120 0.010 0.050 0.050 5248CR BAUTO-CR 0.050 Unch 514 2.060 2.100 6.80 29/12/2017 0.085 0.035 0.060 0.060 5248CS BAUTO-CS 0.060 Unch 1010 2.060 2.100 7.77 08/01/2018 0.120 0.075 0.075 0.075 524801 BAUTO-MC01 0.075 -0.005 700 2.060 2.150 11.65 14/12/2017 0.170 0.095 0.110 0.105 7241WA BHS-WA 0.110 Unch 151.1 0.400 0.600 77.50 18/10/2020 0.450 0.260 0.305 0.300 5258WA BIMB-WA 0.305 Unch 72.6 4.350 4.720 15.52 04/12/2023 0.155 0.070 0.075 0.075 6998WA BINTAI-WA 0.075 -0.005 119 0.170 0.200 61.76 15/06/2020 0.230 0.095 0.165 0.155 0179WA BIOHLDG-WA 0.160 -0.005 972.6 0.265 0.220 43.40 05/01/2022 0.075 0.040 0.045 0.045 3395C4 BJCORP-C4 0.045 0.005 250 0.345 0.350 14.49 28/12/2017 0.160 0.060 0.100 0.095 3395WB BJCORP-WB 0.095 0.005 1529.8 0.345 1.000 217.39 22/04/2022 0.175 0.050 0.105 0.105 3395WC BJCORP-WC 0.105 0.005 1480.8 0.345 1.000 220.29 29/05/2026 0.370 0.035 0.305 0.285 7187WA BKOON-WA 0.295 0.010 1968.8 0.505 0.200 -1.98 07/07/2023 0.078 0.030 0.035 0.035 7036WB BORNOIL-WB 0.035 Unch 92.3 0.095 0.060 0.00 28/02/2018 0.078 0.035 0.045 0.040 7036WC BORNOIL-WC 0.045 Unch 165.8 0.095 0.070 21.05 08/11/2025 0.065 0.040 0.050 0.045 7036WD BORNOIL-WD 0.050 Unch 694.6 0.095 0.070 26.32 29/05/2027 0.087 0.029 0.060 0.050 9938WB BRIGHT-WB 0.050 -0.005 8591.8 0.265 0.650 164.15 12/01/2019 0.315 0.070 0.075 0.075 181812 BURSA-C12 0.075 Unch 100 9.950 10.500 8.92 30/11/2017 0.900 0.303 0.770 0.750 7174WA CAB-WA 0.770 0.010 277.7 0.950 0.170 -1.05 08/02/2020 0.470 0.290 0.360 0.335 7076WA CBIP-WA 0.360 0.025 51.2 1.930 2.400 43.01 06/11/2019 0.220 0.045 0.120 0.120 5195WB CENSOF-WB 0.120 Unch 231.2 0.280 0.460 107.14 07/10/2019 0.310 0.085 0.100 0.085 102321 CIMB-C21 0.100 Unch 2188.2 6.300 6.200 3.97 31/10/2017 0.335 0.150 0.180 0.175 102322 CIMB-C22 0.175 -0.005 688 6.300 5.700 1.59 24/11/2017 0.175 0.110 0.110 0.110 102323 CIMB-C23 0.110 -0.005 349.9 6.300 6.500 12.78 02/02/2018 0.155 0.055 0.060 0.055 102324 CIMB-C24 0.060 -0.005 8633.9 6.300 7.000 14.92 28/12/2017 0.165 0.110 0.110 0.110 102326 CIMB-C26 0.110 -0.005 350 6.300 6.880 17.94 26/04/2018 0.110 0.050 0.050 0.050 102327 CIMB-C27 0.050 -0.005 4312.7 6.300 7.700 25.40 19/03/2018 0.035 0.025 0.025 0.025 2852C7 CMSB-C7 0.025 -0.010 10 3.890 5.000 31.75 30/11/2017 0.250 0.025 0.115 0.110 0051WA CUSCAPI-WA 0.115 Unch 235 0.285 0.270 35.09 24/04/2018 0.470 0.295 0.350 0.340 5276WA DANCO-WA 0.350 -0.005 57 0.575 0.300 13.04 22/05/2022 0.035 0.005 0.015 0.015 7179WB DBE-WB 0.015 Unch 487 0.030 0.050 116.67 22/01/2022 0.190 0.125 0.150 0.150 727713 DIALOG-C13 0.150 0.005 27.3 2.000 1.750 2.50 07/12/2017 0.095 0.045 0.050 0.050 727714 DIALOG-C14 0.050 -0.010 100 2.000 2.000 5.00 31/10/2017 0.240 0.105 0.170 0.155 727717 DIALOG-C17 0.170 0.015 449.8 2.000 1.900 3.50 02/02/2018 0.060 0.055 0.055 0.055 727718 DIALOG-C18 0.055 -0.005 900 2.000 2.300 21.33 30/03/2018 0.165 0.050 0.075 0.070 0029WB DIGISTA-WB 0.075 0.005 104 0.145 0.260 131.03 04/04/2023 0.370 0.045 0.225 0.215 4456WD DNEX-WD 0.215 -0.010 13472.3 0.475 0.500 50.53 30/07/2021 0.140 0.060 0.130 0.120 7114WA DNONCE-WA 0.130 0.005 1790.3 0.330 0.250 15.15 25/11/2020 0.145 0.055 0.065 0.060 5265WA DOLPHIN-WA 0.065 0.005 100 0.195 0.800 343.59 29/03/2021 0.070 0.035 0.040 0.040 7198WB DPS-WB 0.040 Unch 241.8 0.090 0.100 55.56 15/01/2025 0.380 0.115 0.265 0.265 161930 DRBHCOMC30 0.265 -0.005 41 1.610 1.100 1.24 30/11/2017 0.195 0.045 0.050 0.045 161933 DRBHCOMC33 0.045 -0.005 428.7 1.610 1.650 8.07 31/10/2017 0.125 0.045 0.055 0.045 161937 DRBHCOMC37 0.055 Unch 3745.2 1.610 1.850 21.74 30/03/2018 0.120 0.095 0.110 0.110 161942 DRBHCOMC42 0.110 -0.010 100 1.610 1.650 16.15 31/05/2018 0.095 0.090 0.095 0.090 161943 DRBHCOMC43 0.090 Unch 1282 1.610 1.600 16.15 30/03/2018 0.080 0.005 0.010 0.010 5216CW DSONIC-CW 0.010 Unch 254.3 1.220 1.400 16.80 31/10/2017 0.320 0.120 0.170 0.155 3417WB E&O-WB 0.170 0.015 19.6 1.560 2.600 77.56 21/07/2019 0.065 0.020 0.030 0.030 0154WB EAH-WB 0.030 Unch 999.6 0.080 0.120 87.50 24/02/2019 0.065 0.025 0.035 0.030 0154WC EAH-WC 0.030 -0.005 1147.1 0.080 0.100 62.50 18/06/2019 0.195 0.090 0.145 0.125 3557WC ECOFIRS-WC 0.145 0.005 403.7 0.300 0.300 48.33 10/09/2019 0.250 0.080 0.180 0.165 5253CA ECONBHD-CA 0.170 -0.005 271.9 2.990 2.500 0.67 30/11/2017 0.185 0.125 0.135 0.130 5253CF ECONBHD-CF 0.130 0.005 487.9 2.990 2.950 11.71 22/03/2018 0.170 0.120 0.120 0.120 5253CG ECONBHD-CG 0.120 Unch 100 2.990 3.100 15.72 30/03/2018 0.190 0.055 0.085 0.085 8206CF ECOWLD-CF 0.085 Unch 10 1.580 1.600 9.34 02/02/2018 0.170 0.075 0.080 0.080 8206CG ECOWLD-CG 0.080 Unch 50 1.580 1.500 5.06 30/11/2017 0.175 0.065 0.065 0.065 8206CH ECOWLD-CH 0.065 -0.005 150 1.580 1.600 7.44 08/12/2017 0.070 0.055 0.070 0.060 8206CJ ECOWLD-CJ 0.070 0.005 25.2 1.580 1.750 21.84 30/03/2018 0.710 0.365 0.455 0.455 8206WA ECOWLD-WA 0.455 Unch 20 1.580 2.080 60.44 26/03/2022 1.190 0.360 1.130 1.110 0065WA EFORCE-WA 1.130 0.010 657.5 1.450 0.340 1.38 17/07/2019 0.557 0.283 0.415 0.400 8907WC EG-WC 0.410 0.010 572.7 0.700 0.500 30.00 03/11/2020 0.140 0.005 0.010 0.005 8877CA EKOVEST-CA 0.010 Unch 768.5 1.090 1.600 48.17 08/12/2017 1.350 0.660 0.670 0.665 8877WB EKOVEST-WB 0.670 -0.005 503.8 1.090 0.480 5.50 25/06/2019 0.630 0.300 0.315 0.300 5056WA ENGTEX-WA 0.305 -0.005 1328.4 1.170 0.830 -2.99 25/10/2017 0.450 0.245 0.260 0.250 5283WA EWINT-WA 0.260 Unch 609.5 1.100 1.450 55.45 02/04/2022 0.570 0.120 0.410 0.400 7047WB FAJAR-WB 0.410 0.010 113.2 0.850 0.700 30.59 24/09/2019 0.110 0.100 0.100 0.100 06501N FBMKLCI-C1N 0.100 -0.010 10 1,764 1,688 0.83 31/10/2017 0.120 0.060 0.060 0.060 06501U FBMKLCI-C1U 0.060 -0.005 173 1,764 1,715 -0.41 31/10/2017 0.080 0.020 0.020 0.020 06501X FBMKLCI-C1X 0.020 Unch 1050 1,764 1,765 0.84 30/11/2017 0.095 0.050 0.050 0.050 06503E FBMKLCI-C3E 0.050 -0.005 50 1,764 1,770 1.74 28/02/2018 0.050 0.050 0.050 0.050 06503F FBMKLCI-C3F 0.050 Unch 50 1,764 1,780 2.31 30/03/2018 0.100 0.005 0.005 0.005 06502W FBMKLCI-H2W 0.005 Unch 790 1,764 1,715 -2.59 31/10/2017 0.135 0.075 0.105 0.105 06504D FBMKLCI-H4D 0.105 -0.005 50 1,764 1,800 6.19 31/01/2018 0.540 0.450 0.520 0.520 06504F FBMKLCI-H4F 0.520 0.070 2.2 1,764 1,800 7.93 28/02/2018 0.155 0.035 0.045 0.045 522228 FGV-C28 0.045 Unch 20 1.700 2.050 27.21 02/02/2018 0.130 0.045 0.050 0.045 522229 FGV-C29 0.050 0.005 380.3 1.700 2.100 30.88 08/01/2018 0.195 0.095 0.105 0.105 522230 FGV-C30 0.105 Unch 727.2 1.700 1.600 11.41 28/12/2017 0.145 0.085 0.115 0.105 522231 FGV-C31 0.105 Unch 380.1 1.700 1.630 11.32 30/03/2018 0.150 0.095 0.105 0.105 522232 FGV-C32 0.105 -0.005 50 1.700 1.650 12.50 30/01/2018 0.095 0.065 0.075 0.075 522237 FGV-C37 0.075 Unch 50 1.700 1.900 21.91 30/01/2018 0.740 0.230 0.510 0.500 9261WB GADANG-WB 0.505 -0.005 831 0.505 1.060 209.90 29/11/2021 1.480 1.140 1.320 1.300 5398WE GAMUDA-WE 1.320 0.010 249.8 5.290 4.050 1.51 06/03/2021 0.455 0.120 0.370 0.365 5226WA GBGAQRS-WA 0.370 0.005 2276.2 1.690 1.300 -1.18 20/07/2018 0.500 0.300 0.430 0.430 3611WA GBH-WA 0.430 -0.030 2 1.430 1.000 0.00 07/04/2020 0.330 0.075 0.075 0.075 0078CD GDEX-CD 0.075 Unch 120.6 0.620 0.600 5.85 31/10/2017 0.075 0.040 0.040 0.040 0078CH GDEX-CH 0.040 Unch 562.1 0.620 0.780 35.48 28/02/2018 0.572 0.410 0.410 0.410 0078WB GDEX-WB 0.410 Unch 29 0.620 0.383 27.82 05/02/2020 0.300 0.080 0.090 0.085 471524 GENM-C24 0.085 Unch 354.7 5.420 5.500 6.96 29/12/2017 0.180 0.070 0.080 0.075 471526 GENM-C26 0.080 0.010 165 5.420 5.900 15.50 02/02/2018 3.850 2.620 2.620 2.620 2291WA GENP-WA 2.620 Unch 0.4 10.380 7.750 -0.10 17/06/2019 0.210 0.150 0.185 0.185 318238 GENTINGC38 0.185 -0.025 20 9.510 7.880 2.31 31/10/2017 0.180 0.065 0.065 0.065 318242 GENTINGC42 0.065 -0.010 120 9.510 9.500 4.00 29/12/2017 1.950 1.240 1.730 1.680 3182WA GENTING-WA 1.700 -0.020 478.6 9.510 7.960 1.58 18/12/2018 0.135 0.090 0.115 0.115 3204CA GKENT-CA 0.115 Unch 200 3.000 2.880 15.17 31/05/2018 0.230 0.070 0.150 0.140 1147WA GOB-WA 0.150 Unch 197.6 0.405 0.800 134.57 24/12/2019 0.085 0.025 0.045 0.045 0074WA GOCEAN-WA 0.045 Unch 60 0.155 0.340 148.39 07/08/2019 0.055 0.025 0.040 0.035 7096WA GPA-WA 0.040 0.005 447.2 0.100 0.100 40.00 03/06/2025 0.135 0.070 0.070 0.070 7022CH GTRONIC-CH 0.070 -0.010 30 6.010 5.800 6.41 30/11/2017 0.230 0.110 0.230 0.215 7668CA HAIO-CA 0.230 0.030 241 5.250 4.380 5.33 31/05/2018 0.130 0.095 0.095 0.095 3034CV HAPSENG-CV 0.095 -0.005 33.1 9.080 9.000 4.35 30/04/2018 0.165 0.070 0.100 0.095 5168CZ HARTA-CZ 0.100 0.015 31 6.800 7.500 18.38 12/02/2018 0.745 0.310 0.410 0.400 4324CA HENGYUAN-CA 0.405 Unch 796.8 7.890 6.000 17.11 22/02/2018 0.470 0.270 0.335 0.325 4324CB HENGYUAN-CB 0.325 Unch 101 7.890 8.800 36.25 28/02/2018 0.520 0.315 0.380 0.380 4324CC HENGYUAN-CC 0.380 Unch 10 7.890 8.000 30.29 28/02/2018

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


0.430 0.255 0.315 0.310 4324CD HENGYUAN-CD 0.310 -0.005 100 7.890 7.000 20.15 19/03/2018 0.410 0.170 0.195 0.195 4324CE HENGYUAN-CE 0.195 -0.005 250 7.890 8.800 33.78 19/03/2018 0.310 0.175 0.195 0.190 4324CF HENGYUAN-CF 0.195 0.005 716.5 7.890 8.880 37.26 22/03/2018 0.140 0.125 0.140 0.125 4324CH HENGYUAN-CH 0.130 Unch 5178 7.890 8.000 21.17 29/06/2018 1.540 0.960 1.300 1.300 5095WB HEVEA-WB 1.300 -0.010 10 1.580 0.250 -1.90 28/02/2020 0.225 0.075 0.220 0.195 5072WB HIAPTEK-WB 0.210 0.015 11258.1 0.435 0.500 63.22 23/06/2021 0.530 0.175 0.185 0.175 5169WA HOHUP-WA 0.185 Unch 148.1 0.660 0.600 18.94 21/12/2018 0.390 0.270 0.285 0.285 5160WA HOMERIZ-WA 0.285 Unch 20 0.935 0.920 28.88 09/07/2020 0.225 0.115 0.140 0.140 7213WB HOVID-WB 0.140 Unch 13 0.310 0.180 3.23 05/06/2018 0.050 0.010 0.040 0.030 7013WA HUBLINE-WA 0.035 0.005 6505.2 0.110 3.200 2,841 04/11/2019 0.075 0.020 0.055 0.035 7013WB HUBLINE-WB 0.050 0.010 35531.1 0.110 0.200 127.27 20/12/2020 0.055 0.015 0.030 0.030 0174WA IDMENSN-WA 0.030 Unch 30 0.065 0.100 100.00 14/07/2020 0.115 0.015 0.015 0.015 5225C3 IHH-C3 0.015 Unch 40 5.830 6.300 8.83 29/12/2017 0.195 0.030 0.030 0.030 3336C5 IJM-C5 0.030 -0.005 288.6 3.300 3.500 7.42 29/12/2017 0.090 0.045 0.045 0.045 3336C7 IJM-C7 0.045 -0.010 16 3.300 3.800 19.24 12/02/2018 0.055 0.055 0.055 0.055 3336C8 IJM-C8 0.055 Unch 100 3.300 3.580 15.15 30/04/2018 0.275 0.075 0.155 0.145 0166C2 INARI-C2 0.145 -0.010 262.4 2.390 2.150 2.09 08/12/2017 0.165 0.080 0.085 0.085 0166C3 INARI-C3 0.085 0.005 30 2.390 2.600 16.97 30/01/2018 0.205 0.095 0.110 0.110 0166C6 INARI-C6 0.110 -0.005 50 2.390 2.400 9.62 30/04/2018 0.570 0.165 0.405 0.405 0166CZ INARI-CZ 0.405 0.010 50 2.390 1.800 0.73 29/12/2017 1.830 1.300 1.610 1.580 0166WB INARI-WB 1.580 -0.020 86.5 2.390 0.800 -0.42 17/02/2020 0.050 0.015 0.035 0.035 0094WA INIX-WA 0.035 Unch 160 0.075 0.100 80.00 16/11/2020 0.545 0.160 0.385 0.380 3379WB INSAS-WB 0.380 0.005 101.5 0.970 1.000 42.27 25/02/2020 0.180 0.055 0.065 0.065 196113 IOICORP-C13 0.065 0.010 120 4.510 4.400 1.88 31/10/2017 0.165 0.095 0.120 0.095 8834WB IREKA-WB 0.120 Unch 4.2 0.580 1.000 93.10 25/06/2019 0.070 0.020 0.050 0.040 7183WA IRETEX-WA 0.045 Unch 278.2 0.190 0.800 344.74 10/06/2019 0.070 0.025 0.050 0.050 0024WA JAG-WA 0.050 Unch 220 0.130 0.100 15.38 14/08/2019 0.170 0.045 0.070 0.070 9083WB JETSON-WB 0.070 -0.005 710.3 0.280 0.750 192.86 06/02/2019 0.830 0.205 0.430 0.395 7167WA JOHOTIN-WA 0.420 -0.010 1137.4 1.320 0.850 -3.79 21/11/2017 0.150 0.030 0.040 0.035 4383CO JTIASA-CO 0.040 0.005 765 1.090 1.200 17.43 08/01/2018 0.225 0.110 0.130 0.120 0170WA KANGER-WA 0.130 -0.005 23 0.205 0.100 12.20 13/04/2020 0.024 0.005 0.005 0.005 5247CT KAREX-CT 0.005 Unch 0.5 1.490 2.340 58.39 31/10/2017 0.200 0.005 0.015 0.010 5247CZ KAREX-CZ 0.010 -0.005 1225.1 1.490 2.200 48.99 02/02/2018 0.035 0.010 0.020 0.020 3115WC KBUNAI-WC 0.020 Unch 200 0.065 0.131 132.31 20/10/2023 0.165 0.070 0.130 0.130 7161CB KERJAYA-CB 0.130 Unch 120.2 3.650 3.350 7.81 30/11/2017 0.330 0.135 0.245 0.245 7161CC KERJAYA-CC 0.245 0.005 40 3.650 3.100 1.71 08/12/2017 0.240 0.155 0.190 0.185 7161CE KERJAYA-CE 0.190 Unch 688 3.650 3.600 14.25 22/02/2018 2.950 1.090 2.750 2.720 7161WA KERJAYA-WA 2.750 0.030 14 3.650 0.880 -0.55 20/12/2017 0.490 0.070 0.325 0.315 0151WA KGB-WA 0.320 Unch 228.9 0.615 0.500 33.33 12/06/2019 0.120 0.040 0.040 0.040 0036WB KGROUP-WB 0.040 Unch 100 0.115 0.200 108.70 01/05/2020 0.880 0.600 0.630 0.620 5171WA KIMLUN-WA 0.630 -0.005 140.4 2.180 1.680 5.96 12/03/2024 0.140 0.065 0.085 0.080 7164WB KNM-WB 0.080 -0.010 1662.2 0.280 1.000 285.71 21/04/2020 0.160 0.070 0.080 0.080 7017WB KOMARK-WB 0.080 Unch 23.9 0.250 0.300 52.00 21/01/2020 0.430 0.103 0.385 0.355 5878WB KPJ-WB 0.370 -0.020 151.2 1.040 1.010 32.69 23/01/2019 0.320 0.080 0.085 0.085 8494WA LBICAP-WA 0.085 Unch 15 1.090 1.000 -0.46 17/04/2018 0.835 0.390 0.560 0.540 5789WB LBS-WB 0.545 -0.015 375 1.830 1.250 -1.91 04/10/2020 0.110 0.015 0.055 0.050 5284CA LCTITAN-CA 0.050 Unch 743.2 5.260 6.800 33.08 12/02/2018 0.080 0.015 0.020 0.015 5284CB LCTITAN-CB 0.020 Unch 480 5.260 7.800 49.81 12/02/2018 0.260 0.050 0.080 0.080 5284CC LCTITAN-CC 0.080 Unch 1056.8 5.260 7.500 47.15 30/01/2018 0.265 0.035 0.100 0.085 5284CD LCTITAN-CD 0.100 0.005 258 5.260 6.500 29.28 30/01/2018 0.465 0.100 0.210 0.185 5284CE LCTITAN-CE 0.195 -0.005 1349.7 5.260 5.500 15.68 30/01/2018 0.120 0.015 0.060 0.060 5284CF LCTITAN-CF 0.060 Unch 267.4 5.260 6.280 27.38 30/01/2018 0.095 0.020 0.055 0.055 5284CG LCTITAN-CG 0.055 Unch 375 5.260 6.500 29.85 30/04/2018 0.300 0.040 0.190 0.190 8745WB LEWEKO-WB 0.190 0.020 1 0.280 0.200 39.29 08/09/2020 0.095 0.020 0.065 0.065 5068WA LUSTER-WA 0.065 0.005 1200 0.130 0.100 26.92 03/06/2022 0.095 0.020 0.070 0.065 5068WB LUSTER-WB 0.070 Unch 100.2 0.130 0.100 30.77 26/05/2023 0.065 0.015 0.045 0.045 0017WA M3TECH-WA 0.045 -0.005 5030.7 0.090 0.100 61.11 21/08/2019 0.750 0.285 0.500 0.500 7617WB MAGNA-WB 0.500 Unch 31 1.410 0.900 -0.71 04/09/2020 0.120 0.075 0.090 0.085 3859C2 MAGNUM-C2 0.085 -0.005 470 1.790 1.800 10.06 22/01/2018 0.100 0.005 0.005 0.005 3859CY MAGNUM-CY 0.005 Unch 100 1.790 2.120 19.27 31/10/2017 0.265 0.060 0.060 0.060 8583WB MAHSING-WB 0.060 Unch 198.2 1.490 1.440 0.67 16/03/2018 0.170 0.085 0.130 0.120 8583WC MAHSING-WC 0.130 Unch 24.1 1.490 2.100 49.66 21/02/2020 0.160 0.065 0.095 0.095 5264C2 MALAKOF-C2 0.095 -0.015 100 1.040 1.050 10.10 30/04/2018 0.990 0.090 0.430 0.420 6181WB MALTON-WB 0.430 0.015 1444.7 1.180 1.000 21.19 29/06/2018 0.500 0.278 0.360 0.350 5236WA MATRIX-WA 0.360 0.005 115.2 2.230 2.400 23.77 20/07/2020 0.015 0.005 0.005 0.005 5189WA MAXWELL-WA 0.005 Unch 570 0.020 0.400 1,925 24/03/2020 0.165 0.105 0.115 0.115 115530 MAYBANKC30 0.115 0.005 77 9.820 9.100 2.04 24/11/2017 0.190 0.095 0.145 0.135 115531 MAYBANKC31 0.145 0.010 1361 9.820 9.500 1.17 28/02/2018 0.585 0.365 0.580 0.560 5152WA MBL-WA 0.570 Unch 565.3 1.180 0.800 16.10 28/11/2022 0.230 0.050 0.060 0.050 1171C2 MBSB-C2 0.050 -0.010 699.5 1.170 1.300 15.38 02/02/2018 0.105 0.050 0.060 0.050 1171C3 MBSB-C3 0.050 -0.005 4510.4 1.170 1.350 23.93 28/02/2018 0.115 0.105 0.115 0.105 1171C4 MBSB-C4 0.105 Unch 400 1.170 1.250 15.81 29/06/2018 0.170 0.060 0.065 0.060 1171CW MBSB-CW 0.060 Unch 390 1.170 1.150 8.55 28/11/2017 0.080 0.015 0.015 0.015 1171CZ MBSB-CZ 0.015 Unch 257 1.170 1.450 27.14 30/11/2017 0.260 0.040 0.110 0.110 0167WB MCLEAN-WB 0.110 0.005 0.2 0.210 0.250 71.43 07/10/2020 0.115 0.060 0.065 0.060 5040WA MEDAINC-WA 0.065 Unch 103.1 0.415 0.500 36.14 13/08/2021 0.085 0.025 0.040 0.040 5040WB MEDAINC-WB 0.040 Unch 59.7 0.415 0.800 102.41 22/04/2022 0.065 0.025 0.045 0.040 5040WC MEDAINC-WC 0.045 Unch 175 0.415 0.800 103.61 24/08/2024 0.050 0.020 0.040 0.035 4502CJ MEDIA-CJ 0.035 -0.005 2665.4 0.790 1.000 35.44 25/01/2018 0.100 0.015 0.040 0.035 4502CK MEDIA-CK 0.040 Unch 142 0.790 1.000 36.71 28/02/2018 0.025 0.010 0.020 0.020 4502CL MEDIA-CL 0.020 -0.005 381.2 0.790 1.180 54.43 28/02/2018 0.365 0.140 0.230 0.220 1694WB MENANG-WB 0.220 Unch 250.3 0.910 1.000 34.07 09/07/2019 0.310 0.095 0.290 0.280 0075WA MEXTER-WA 0.285 0.005 521.1 0.405 0.130 2.47 17/09/2018 2.330 0.525 1.790 1.780 3069WA MFCB-WA 1.780 -0.010 54 3.610 2.220 10.80 08/04/2020 0.090 0.015 0.070 0.060 5186C3 MHB-C3 0.060 -0.010 2727.2 0.815 0.900 25.15 25/01/2018 0.070 0.020 0.055 0.050 7219WA MINETEC-WA 0.050 -0.005 152 0.150 0.150 33.33 27/11/2019 0.115 0.075 0.085 0.080 381612 MISC-C12 0.080 -0.010 170 7.390 7.500 4.74 30/03/2018 0.600 0.345 0.370 0.360 9571WD MITRA-WD 0.370 0.015 196.5 1.080 1.090 35.19 23/08/2020 1.085 0.505 0.580 0.580 6114WB MKH-WB 0.580 0.020 5 2.180 1.550 -2.29 29/12/2017 0.105 0.016 0.050 0.045 0085WA MLAB-WA 0.050 Unch 47.5 0.095 0.090 47.37 24/04/2020 0.050 0.035 0.050 0.045 0085WB MLAB-WB 0.045 Unch 6158 0.095 0.150 105.26 10/09/2020 0.880 0.305 0.770 0.750 7595WA MLGLOBAL-WA 0.765 Unch 17.6 1.290 0.500 -1.94 27/10/2019 0.225 0.115 0.120 0.115 3867CG MPI-CG 0.115 Unch 35 12.940 13.100 10.12 22/12/2017 0.070 0.020 0.035 0.030 0070WA MQTECH-WA 0.035 Unch 602.1 0.065 0.100 107.69 21/11/2021 0.060 0.010 0.010 0.010 165116 MRCB-C16 0.010 Unch 11 1.010 2.100 111.09 29/12/2017 0.100 0.030 0.030 0.030 165119 MRCB-C19 0.030 Unch 30 1.010 1.580 62.38 30/04/2018 0.065 0.020 0.020 0.020 165121 MRCB-C21 0.020 -0.005 1608 1.010 1.400 41.58 30/04/2018 0.085 0.060 0.060 0.060 165124 MRCB-C24 0.060 Unch 1113.4 1.010 1.200 33.07 30/03/2018 0.035 0.025 0.025 0.025 165125 MRCB-C25 0.025 Unch 700 1.010 1.500 54.46 30/03/2018 0.175 0.060 0.070 0.065 1651WA MRCB-WA 0.065 Unch 2158.3 1.010 2.300 134.16 14/09/2018 0.220 0.030 0.085 0.085 0092WB MTOUCHE-WB 0.085 -0.005 0.4 0.210 0.540 197.62 16/03/2020 0.255 0.070 0.095 0.090 13816 MYEG-C16 0.090 Unch 788 2.020 2.000 7.92 02/02/2018 0.170 0.035 0.040 0.040 13817 MYEG-C17 0.040 0.005 451 2.020 2.300 18.81 30/11/2017 0.095 0.030 0.030 0.030 13819 MYEG-C19 0.030 Unch 1 2.020 2.650 35.20 29/12/2017 0.060 0.045 0.045 0.045 13823 MYEG-C23 0.045 -0.005 50 2.020 2.700 40.35 26/02/2018 0.120 0.080 0.085 0.085 13824 MYEG-C24 0.085 Unch 260 2.020 2.100 14.90 28/02/2018 0.480 0.115 0.290 0.290 0138C8 MYEG-C8 0.290 Unch 10 2.020 1.567 1.49 31/10/2017 0.745 0.220 0.660 0.615 0108WA N2N-WA 0.650 Unch 237.5 0.970 0.320 0.00 06/04/2018 0.065 0.005 0.030 0.030 0020WB NETX-WB 0.030 Unch 2603.3 0.055 0.050 45.45 08/06/2019 0.030 0.015 0.025 0.020 0096WA NEXGRAM-WA 0.025 0.005 145.3 0.040 0.100 212.50 16/05/2022 0.035 0.015 0.025 0.020 0096WC NEXGRAM-WC 0.025 Unch 8.4 0.040 0.100 212.50 15/01/2024 0.100 0.035 0.045 0.040 7215WA NIHSIN-WA 0.045 0.010 807.1 0.260 0.200 -5.77 11/02/2018 0.415 0.190 0.300 0.290 0172WA OCK-WA 0.290 -0.005 1234.2 0.910 0.710 9.89 15/12/2020 0.255 0.060 0.130 0.130 7071WC OCR-WC 0.130 Unch 20 0.570 0.500 10.53 24/07/2021 0.280 0.045 0.050 0.050 9008WB OMESTI-WB 0.050 Unch 245 0.460 0.500 19.57 30/05/2018 0.370 0.195 0.280 0.260 5053WC OSK-WC 0.280 Unch 187.8 1.580 1.800 31.65 22/07/2020 0.325 0.235 0.255 0.255 7052CL PADINI-CL 0.255 -0.015 5 4.400 3.670 6.59 26/02/2018 0.150 0.105 0.120 0.120 7052CN PADINI-CN 0.120 0.015 10 4.400 4.500 13.18 29/06/2018 0.210 0.025 0.175 0.160 0005WA PALETTE-WA 0.165 -0.005 13651.9 0.215 0.040 -4.65 20/03/2018 0.300 0.080 0.245 0.215 5125WA PANTECH-WA 0.240 0.020 2104.6 0.670 0.500 10.45 21/12/2020 0.300 0.105 0.255 0.230 5125WB PANTECH-WB 0.255 0.025 700.6 0.670 0.500 12.69 21/12/2021 0.270 0.130 0.150 0.140 5022WA PAOS-WA 0.140 -0.015 91.5 0.505 0.500 26.73 14/12/2021 0.165 0.100 0.130 0.130 129515 PBBANK-C15 0.130 -0.010 29.5 20.580 20.300 1.80 30/04/2018 0.160 0.105 0.130 0.120 518312 PCHEM-C12 0.125 Unch 1110 7.290 7.500 8.88 26/02/2018 0.400 0.200 0.220 0.215 9997WB PENSONI-WB 0.220 -0.005 102.2 0.605 0.600 35.54 20/01/2024 0.485 0.180 0.300 0.285 8311WC PESONA-WC 0.290 0.005 256.9 0.535 0.250 0.93 27/01/2020 0.130 0.085 0.120 0.105 5681CS PETDAG-CS 0.105 -0.005 115.8 24.500 24.100 2.65 30/03/2018 0.460 0.180 0.290 0.280 3042CD PETRONM-CD 0.280 -0.010 535.2 10.220 8.500 16.05 22/02/2018 0.110 0.100 0.100 0.100 8869C1 PMETAL-C1 0.100 Unch 530 3.700 3.800 13.51 29/06/2018 0.400 0.220 0.375 0.370 8869CT PMETAL-CT 0.370 -0.005 63 3.700 2.900 8.38 30/04/2018 0.260 0.170 0.230 0.230 8869CU PMETAL-CU 0.230 -0.010 10 3.700 3.000 5.95 19/03/2018 0.215 0.160 0.195 0.195 8869CV PMETAL-CV 0.195 Unch 300 3.700 3.300 10.27 22/03/2018 0.160 0.135 0.140 0.135 8869CY PMETAL-CY 0.140 Unch 367.6 3.700 3.900 20.54 30/03/2018 3.400 2.200 3.320 3.290 8869WC PMETAL-WC 3.290 -0.030 17.1 3.700 0.390 -0.54 22/08/2019 1.050 0.640 0.885 0.870 7088WB POHUAT-WB 0.875 0.005 502.1 1.930 1.000 -2.85 21/10/2020

Main Market & Ace Market Warrants

MarketsG L O B A L M A R K E T S . B U R S A M A L A Y S I A E Q U I T Y D E R I V A T I V E S

THURSDAY SEPTEMBER 28, 2017 • THEED G E FINANCIAL DAILY 2 7

Please refer to the Bursa Malaysia website for the prices of loan stocks, bonds and overseas structure warrants

China — Stocks steady as strong industrial profi ts temper slowdown fears

SHANGHAI: Chinese stocks held steady yesterday, bolstered by strong gains in resources shares after upbeat industrial profi t data and a robust earnings forecast by a major steel maker helped to ease worries about slowing economic growth. Investor confidence was also underpinned by signs of further restructuring in the bloated state sector, and a conviction that Beijing will safeguard market stability ahead of a highly sensitive Communist Party Congress next month. The blue-chip CSI 300 Index ended 0.01% higher at 3,821.2 points, while the Shanghai Composite Index rose 0.05% to 3,345.27. The Hong Kong’s Hang Seng Index rose 0.47% to 27,642.43, while the China Enterprises Index gained 0.61% to 11,035.78. Profi ts at China’s industrial companies rose 24% in August from a year earlier, accelerating from the previous month. Though much of the gain was chalked up to higher commodity prices, analysts said it also suggested that demand remains healthy despite an expected loss of economic momentum following a robust fi rst half. Refl ecting that trend, Anyang Iron and Steel Inc forecast a seven fold jump in net profi t for the fi rst nine months, boosting its Shanghai-listed shares by 10% — the

maximum allowed. Investors also harboured hope that listed fi rms will benefi t from stepped-up reform of state-owned enterprises in China. The Shanghai Securities News reported on Tuesday that Ping An Insurance Group Co of China is in discussion with China Eastern Group regarding the latter’s plans for mixed-ownership reform. Ping An’s Shanghai-listed shares fell, but their Hong Kong counterparts saw modest gains. Meanwhile, state-owned CSSC Offshore and Marine Engineering surged in Hong Kong, while its Shanghai shares were suspended from trading, pending its controlling shareholder’s reform plans. Resources fi rms, the biggest benefi ciary from industry consolidation and state reform, rose sharply, with the CSI 300 materials sub index up 0.8%. Banking shares dragged, with Jiangsu Changshu Rural Commercial Bank slumping more than 5% to a near one-year low, pressured by more equity supply as some investors come out of lock-up periods, allowing them to sell their shares. Europe — European shares steady, helped by Nestle, energy stocks

MILAN: European shares steadied on Tuesday, helped by gains in some big oil stocks and Nestle after the food giant positively surprised investors by setting margin targets for the fi rst time.

Investors remained cautious however as tensions over North Korea persisted, while they awaited further clues on whether US interest rates will rise in December. Hints on the future trajectory of rates could emerge after market close (1645 GMT) when US Federal Reserve chair Janet Yellen gives a speech on infl ation and monetary policy in Ohio. The pan-European STOXX 600 Index ended little changed, near 10-week highs hit in the previous session, while Germany’s DAX added 0.1% and Spain’s IBEX fell 0.3%. Big oil fi rms Royal Dutch Shell and Eni rose 1% and 0.4% respectively as gains in crude prices cemented hopes that the worst performing sector in Europe so far this year could fi nally offer some upside. “Over the last few years, big oil [companies] have slowly but surely been preparing for a lower-for-longer oil price environment,” William Hamlyn, investment analyst at Manulife Asset Management, said. “They’re now in a position where they can generate cash fl ow and hand it back to shareholders rather than just blowing it on frivolous projects,” he added. The energy sector, which Citi upgraded to overweight on Monday, turned negative in afternoon trading after crude oil prices succumbed to profi t-taking after hitting 26-month high earlier in the session. Nestle provided the biggest uplift to the STOXX by a single stock, rising 1.8%. The world’s largest packaged food

company set a profi t margin target for the fi rst time, responding to an industry slowdown and pressure from activist investor Third Point for near-term returns from the group. “Nestle screens as the third most underweight stock in developed Europe ... and we think accelerating earnings momentum will win over the sceptics,” UBS analysts led by Pinar Ergun said as they welcomed the new “ambitious but sensible” targets by confi rming their buy rating on the stock. Adidas was a weak spot, down 2.4%. US prosecutors on Tuesday charged 10 people including James Gatto, director for global sports marketing for basketball at the sportswear group, with bribery and fraud in connection with college recruiting. Adidas confi rmed the arrest of an employee. On the mergers and acquisitions front, German industrial group Siemens, agreed to pursue a multibillion-US dollar rail merger with rival Alstom. Elsewhere, Carrefour rose 3.5% on vague market talk of a possible takeover bid from Amazon. The French retailer declined to comment. Among outstanding losers were shares in AA, down 10.7% to an all time low after the British motoring group announced it would have to raise capital expenditure. British lender Close Brothers fell 6.8% after it warned shareholders that Brexit would have a long-term impact on its customers, while wider markets remain “uncertain”. — Reuters

Shanghai CompositeIndex points

3,087.842

Mar 1, 2010 Sept 27, 2017

1900

2875

3850

4825

58003,345.27

+1.69(+0.05%)

Hang SengIndex points

21,056.93

Mar 1, 2010 Sept 27, 2017

27,642.43+129.42

(+0.47%)15800

19075

22350

25625

28900

Euro STOXX 50 IndexIndex points

2,772.70

Mar 1, 2010 Sept 26, 2017

3,536.38-1.43

(-0.04%)1960

2445

2930

3415

3900

Dow JonesIndex points

10,403.79

Mar 1, 2010 Sept 26, 2017

22,284.32-11.77

(-0.05%)

9600

12825

16050

19275

22500

Bursa Malaysia Equity Derivatives

0.185 0.100 0.120 0.110 463411 POS-C11 0.110 -0.015 755 5.240 5.300 10.59 30/04/2018 0.285 0.105 0.110 0.105 4634C8 POS-C8 0.105 -0.045 250 5.240 5.100 5.34 31/10/2017 0.370 0.140 0.150 0.145 4634C9 POS-C9 0.150 -0.015 65 5.240 4.900 6.39 16/10/2017 0.710 0.250 0.650 0.630 7168WA PRG-WA 0.640 0.030 244.1 1.030 0.375 -1.46 06/07/2019 0.710 0.400 0.420 0.405 8966WA PRLEXUS-WA 0.420 -0.005 66.2 1.140 1.200 42.11 14/06/2021 0.145 0.040 0.085 0.080 7145WA PSIPTEK-WA 0.085 0.005 281.3 0.135 0.100 37.04 16/11/2019 0.140 0.020 0.075 0.070 0007WA PUC-WA 0.070 Unch 212.8 0.140 0.100 21.43 25/12/2024 0.145 0.015 0.065 0.065 0007WB PUC-WB 0.065 Unch 2191 0.140 0.100 17.86 15/02/2019 0.750 0.235 0.620 0.615 7134WA PWF-WA 0.620 -0.010 97.5 1.090 0.620 13.76 20/07/2021 0.170 0.030 0.100 0.090 5256WA REACH-WA 0.095 -0.005 8102.2 0.405 0.750 108.64 12/08/2022 0.110 0.020 0.035 0.035 1066C2 RHBBANK-C2 0.035 0.005 100 5.120 5.600 11.43 28/02/2018 0.090 0.045 0.050 0.045 5270WA RSENA-WA 0.050 Unch 786.2 0.455 0.500 20.88 01/12/2023 0.150 0.060 0.065 0.060 0133WD SANICHI-WD 0.060 -0.005 105.3 0.165 0.300 118.18 21/07/2019 0.315 0.065 0.295 0.270 5157WA SAUDEE-WA 0.290 0.020 438.2 0.550 0.500 43.64 31/03/2021 0.605 0.305 0.435 0.430 7247WA SCGM-WA 0.435 0.010 1.8 2.890 3.960 52.08 31/07/2020 0.185 0.055 0.110 0.105 0161WA SCH-WA 0.105 -0.010 287.6 0.195 0.100 5.13 04/12/2021 0.190 0.055 0.130 0.130 0028WA SCOPE-WA 0.130 0.020 10.6 0.215 0.150 30.23 17/07/2020 0.785 0.160 0.420 0.415 7073WB SEACERA-WB 0.415 -0.005 78.9 0.930 1.000 52.15 29/05/2019 0.270 0.015 0.065 0.040 521838 SENERGYC38 0.040 -0.025 6711.3 1.610 1.650 7.45 30/11/2017 0.100 0.015 0.030 0.020 521845 SENERGYC45 0.025 -0.010 1465.7 1.610 2.000 27.33 28/02/2018 0.120 0.050 0.110 0.075 521846 SENERGYC46 0.080 -0.030 16334.9 1.610 1.700 17.02 30/01/2018 0.130 0.055 0.125 0.085 521847 SENERGYC47 0.090 -0.040 5333 1.610 1.700 16.77 30/01/2018 0.075 0.050 0.050 0.050 521849 SENERGYC49 0.050 -0.025 16 1.610 2.080 35.40 30/03/2018 0.145 0.105 0.145 0.110 521850 SENERGYC50 0.115 -0.030 446 1.610 1.600 13.66 29/06/2018 0.050 0.020 0.020 0.020 521801 SENERGY-MC01 0.020 Unch 5 1.610 2.050 31.06 14/12/2017 0.200 0.115 0.180 0.180 5279CA SERBADK-CA 0.180 Unch 242 2.230 2.000 9.87 02/02/2018 0.215 0.080 0.120 0.120 0055WA SERSOL-WA 0.120 0.005 141.5 0.180 0.180 66.67 18/04/2023 0.205 0.055 0.160 0.160 7165WA SGB-WA 0.160 Unch 15 0.660 0.600 15.15 07/04/2021 0.190 0.040 0.045 0.045 419714 SIME-C14 0.045 0.005 140 9.010 9.000 2.39 29/12/2017 0.285 0.135 0.160 0.160 0093WA SOLUTN-WA 0.160 Unch 20 0.285 0.200 26.32 04/07/2021 0.160 0.100 0.115 0.110 8664C2 SPSETIA-C2 0.110 0.010 86.1 3.400 3.600 13.97 30/03/2018 0.210 0.035 0.040 0.040 8664CV SPSETIA-CV 0.040 0.005 220 3.400 3.400 4.71 31/10/2017 0.400 0.080 0.135 0.135 8664CW SPSETIA-CW 0.135 0.020 5 3.400 3.400 5.96 29/12/2017 0.200 0.020 0.020 0.020 8664CY SPSETIA-CY 0.020 Unch 50 3.400 3.900 15.88 08/12/2017 0.140 0.035 0.060 0.055 0129WA SRIDGE-WA 0.060 Unch 210.2 0.150 0.180 60.00 24/02/2023 0.125 0.020 0.060 0.060 0140WA STERPRO-WA 0.060 Unch 258 0.200 0.480 170.00 17/02/2021 0.175 0.095 0.165 0.160 0080WA STRAITS-WA 0.160 Unch 384.5 0.250 0.115 10.00 10/08/2022 0.065 0.015 0.030 0.030 1201WA SUMATEC-WA 0.030 -0.005 124.9 0.055 0.320 536.36 03/03/2021 0.060 0.015 0.025 0.020 1201WB SUMATEC-WB 0.020 -0.005 4491 0.055 0.175 254.55 13/11/2018 0.090 0.040 0.045 0.045 3743CA SUNSURIA-CA 0.045 0.005 76 1.450 1.600 16.55 26/02/2018 0.505 0.150 0.440 0.370 3743WA SUNSURIA-WA 0.390 0.020 241.9 1.450 1.500 30.34 22/07/2020 0.235 0.060 0.160 0.145 0148WB SUNZEN-WB 0.155 0.010 770.9 0.350 0.250 15.71 25/02/2021 0.155 0.010 0.020 0.015 710627 SUPERMX-C27 0.015 Unch 1672.2 1.700 2.000 19.41 02/02/2018 0.085 0.035 0.040 0.035 710629 SUPERMX-C29 0.035 Unch 674.2 1.700 1.900 18.15 30/01/2018 0.220 0.125 0.140 0.130 7082WB SYF-WB 0.140 0.010 417 0.475 0.700 76.84 11/11/2019 0.365 0.125 0.225 0.225 1538WB SYMLIFE-WB 0.225 0.005 6.7 0.880 1.100 50.57 11/11/2020 0.330 0.145 0.165 0.155 8524WB TALIWRK-WB 0.165 0.010 21.5 1.390 1.700 34.17 11/11/2018 0.130 0.050 0.060 0.060 0132WA TDEX-WA 0.060 Unch 238.7 0.145 0.110 17.24 21/09/2018 1.030 0.300 0.320 0.320 7200WA TEKSENG-WA 0.320 -0.010 20 0.500 0.250 14.00 29/01/2020 0.195 0.085 0.110 0.100 534735 TENAGA-C35 0.100 Unch 261 14.360 13.800 0.28 30/11/2017 0.150 0.070 0.150 0.070 534739 TENAGA-C39 0.070 Unch 232.2 14.360 14.600 4.11 29/06/2018



0.160 0.040 0.085 0.085 0145WA TFP-WA 0.085 -0.005 130 0.170 0.100 8.82 15/02/2019 3.350 2.500 2.500 2.500 7034WA TGUAN-WA 2.500 -0.030 11 4.020 1.500 -0.50 09/10/2019 0.105 0.055 0.055 0.055 7889WB THRIVEN-WB 0.055 Unch 5.6 0.240 0.640 189.58 05/10/2020 0.025 0.005 0.010 0.010 7079WB TIGER-WB 0.010 Unch 68.7 0.060 0.170 200.00 23/12/2018 0.040 0.010 0.030 0.030 7079WC TIGER-WC 0.030 Unch 8579.6 0.060 0.080 83.33 11/02/2021 0.130 0.050 0.060 0.060 5031CO TIMECOM-CO 0.060 0.010 16 8.890 9.750 14.40 30/04/2018 0.115 0.025 0.030 0.030 486319 TM-C19 0.030 Unch 10 6.410 6.800 7.49 08/12/2017 0.080 0.010 0.010 0.010 0101CC TMCLIFE-CC 0.010 Unch 50.9 0.815 1.000 25.15 31/10/2017 0.305 0.125 0.180 0.170 0101WB TMCLIFE-WB 0.170 -0.010 758.9 0.815 0.750 12.88 21/06/2019 0.810 0.560 0.585 0.580 8397WC TNLOGIS-WC 0.585 Unch 57.5 1.540 1.000 2.92 26/12/2018 0.485 0.109 0.405 0.400 7285WA TOMYPAK-WA 0.400 0.005 20.2 0.930 0.930 43.01 21/06/2021 0.200 0.035 0.110 0.095 711317 TOPGLOV-C17 0.100 0.010 250.7 5.500 5.200 2.73 29/12/2017 0.100 0.090 0.100 0.100 711320 TOPGLOV-C20 0.100 0.010 27 5.500 5.800 18.18 30/04/2018 0.360 0.210 0.225 0.225 5401WA TROP-WA 0.225 Unch 0.7 0.930 1.000 31.72 06/12/2019 0.175 0.005 0.010 0.010 5230CN TUNEPRO-CN 0.010 Unch 710 1.130 1.500 34.07 30/11/2017 0.100 0.010 0.010 0.010 514845 UEMS-C45 0.010 -0.005 700 1.120 1.200 9.55 31/10/2017 0.060 0.035 0.035 0.035 514846 UEMS-C46 0.035 -0.005 196 1.120 1.300 19.98 30/03/2018 0.150 0.095 0.100 0.100 514847 UEMS-C47 0.100 -0.005 250 1.120 1.000 7.14 30/01/2018 0.075 0.045 0.045 0.045 514851 UEMS-C51 0.045 -0.005 516 1.120 1.200 15.18 22/02/2018 0.160 0.115 0.120 0.120 514852 UEMS-C52 0.120 0.005 30 1.120 1.100 11.61 31/05/2018 0.125 0.080 0.105 0.105 4588C2 UMW-C2 0.105 0.025 19 5.580 5.700 11.56 30/04/2018 0.080 0.005 0.005 0.005 524316 UMWOG-C16 0.005 Unch 500 0.305 0.732 143.27 31/10/2017 0.195 0.070 0.090 0.075 7091WA UNIMECH-WA 0.080 Unch 52 1.050 1.500 50.48 18/09/2018 0.305 0.085 0.220 0.220 5005CU UNISEM-CU 0.220 Unch 5 3.820 2.700 -0.52 16/10/2017 0.395 0.195 0.250 0.235 5005CV UNISEM-CV 0.250 0.020 110 3.820 3.100 0.79 30/11/2017 0.200 0.110 0.120 0.120 5005CX UNISEM-CX 0.120 0.010 145 3.820 3.450 4.45 30/11/2017 0.230 0.100 0.115 0.115 5005CY UNISEM-CY 0.115 0.015 17.3 3.820 4.000 13.74 08/01/2018 0.200 0.120 0.140 0.130 5005CZ UNISEM-CZ 0.130 0.010 140 3.820 3.800 9.69 31/05/2018 0.105 0.025 0.050 0.045 0069WB VIVOCOM-WB 0.045 Unch 1911.5 0.135 0.200 81.48 07/09/2018 0.140 0.050 0.080 0.075 0069WC VIVOCOM-WC 0.075 Unch 500 0.135 0.100 29.63 22/01/2020 0.140 0.055 0.080 0.075 0069WD VIVOCOM-WD 0.080 0.005 802 0.135 0.100 33.33 08/07/2020 0.055 0.020 0.035 0.035 7070WB VIZIONE-WB 0.035 0.005 65 0.145 0.160 34.48 20/06/2018 0.115 0.030 0.095 0.090 7070WC VIZIONE-WC 0.090 Unch 813 0.145 0.100 31.03 05/02/2022 0.650 0.200 0.575 0.570 7240WA VOIR-WA 0.575 0.005 23 1.000 0.500 7.50 31/03/2024 0.435 0.155 0.400 0.380 6963CM VS-CM 0.380 -0.035 827 2.530 1.800 1.19 30/11/2017 0.350 0.115 0.315 0.280 6963CN VS-CN 0.290 -0.045 316 2.530 2.000 1.98 08/12/2017 1.000 0.240 0.970 0.905 6963WA VS-WA 0.915 -0.050 21562.5 2.530 1.650 1.38 06/01/2019 0.215 0.010 0.010 0.010 9679C1 WCT-C1 0.010 Unch 20 1.760 2.250 29.09 30/11/2017 0.170 0.010 0.010 0.010 9679C2 WCT-C2 0.010 Unch 35 1.760 2.300 31.82 08/12/2017 0.665 0.050 0.080 0.050 9679WD WCT-WD 0.070 0.015 10381.9 1.760 1.710 1.14 11/12/2017 0.570 0.175 0.290 0.275 9679WE WCT-WE 0.285 0.005 1669.6 1.760 2.080 34.38 27/08/2020 0.930 0.490 0.660 0.655 7245WA WZSATU-WA 0.660 Unch 31.3 1.100 0.500 5.45 28/10/2024 0.220 0.020 0.160 0.155 5156WC XDL-WC 0.160 -0.005 27.4 0.285 0.160 12.28 02/07/2018 0.020 0.005 0.015 0.010 0095WA XINGHE-WA 0.010 -0.005 1366.7 0.055 0.100 100.00 22/03/2019 0.110 0.035 0.060 0.050 0165WA XOX-WA 0.060 0.005 504.6 0.100 0.200 160.00 10/02/2019 0.140 0.100 0.105 0.100 7293CN YINSON-CN 0.100 -0.025 70 3.480 3.600 14.94 22/03/2018 1.100 0.645 1.070 1.010 7066WA YONGTAI-WA 1.070 0.030 293.9 1.620 0.500 -3.09 24/06/2020 0.085 0.085 0.085 0.085 467712 YTL-C12 0.085 Unch 14.9 1.370 1.350 4.74 29/06/2018 0.100 0.015 0.020 0.015 4677C8 YTL-C8 0.020 Unch 100.7 1.370 1.500 10.95 29/12/2017 0.090 0.030 0.030 0.030 4677C9 YTL-C9 0.030 Unch 50 1.370 1.400 6.57 07/12/2017 0.115 0.040 0.040 0.040 6742C1 YTLPOWR-C1 0.040 Unch 16 1.360 1.400 5.88 28/02/2018 0.450 0.245 0.255 0.245 6742WB YTLPOWR-WB 0.245 -0.010 178 1.360 1.140 1.84 11/06/2018 0.110 0.040 0.050 0.045 2283WA ZELAN-WA 0.045 Unch 225.6 0.120 0.250 145.83 25/01/2019

Main Market & Ace Market Warrants

MarketsI N S I D E R M O V E S . T R A D I N G T H E M E S . E V E N T S . F O R E X


Local events to watch out for today

While every eff ort is made to ensure accuracy, the information presented is not an exhaustive list and is not an offi cial record of shareholder fi lings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the offi cial fi lings fi led with Bursa Malaysia. Note: * denotes Ace Market

ASIA BIOENERGY TECHNOLOGIES 671,500 CPE GROWTH CAPITAL LTD., 31,838,166 20/9 VIRGIN ISLANDS, BRITISHASTRO MALAYSIA (333,300) EMPLOYEES PROVIDENT FUND BOARD 312,548,200 21/9AXIATA GROUP (8,931,700) EMPLOYEES PROVIDENT FUND BOARD 1,414,414,320 15, 19 & 20/9BERMAZ AUTO (437,900) EMPLOYEES PROVIDENT FUND BOARD 140,872,146 20/9BURSA MALAYSIA 500,000 EMPLOYEES PROVIDENT FUND BOARD 35,388,694 20/9CAPITALAND (M) MALL TRUST (193,300) KUMPULAN WANG PERSARAAN 186,975,600 25/9 (DIPERBADANKAN)DIALOG GROUP 1,828,500 EMPLOYEES PROVIDENT FUND BOARD 703,639,450 20/9DIGI.COM (471,000) EMPLOYEES PROVIDENT FUND BOARD 1,051,900,704 20/9ECOFIRST CONSOLIDATED 300,000 DATO TEOH SENG KIAN 123,429,932 25/9FRASER & NEAVE (200,000) AMANAHRAYA TRUSTEES 30,394,000 21/9 - SKIM AMANAH SAHAM BUMIPUTERAGLOBETRONICS TECHNOLOGY 420,900 EMPLOYEES PROVIDENT FUND BOARD 28,010,200 20/9HIAP TECK VENTURE (1,000,000) LEMBAGA TABUNG HAJI 67,500,000 21/9IHH HEALTHCARE 342,700 EMPLOYEES PROVIDENT FUND BOARD 783,840,100 20/9IJM CORPORATION (2,000,000) EMPLOYEES PROVIDENT FUND BOARD 537,074,478 20/9IOI CORPORATION (1,100,000) EMPLOYEES PROVIDENT FUND BOARD 596,463,958 20/9IOI PROPERTIES GROUP 2,543,500 EMPLOYEES PROVIDENT FUND BOARD 288,725,843 20/9KIP REAL ESTATE (644,100) GREAT EASTERN LTD., 33,231,100 21/9INVESTMENT TRUST SINGAPOREKUALA LUMPUR KEPONG (1,202,100) EMPLOYEES PROVIDENT FUND BOARD 153,655,288 20/9LAFARGE MALAYSIA 233,600 EMPLOYEES PROVIDENT FUND BOARD 67,551,240 20/9MALAKOFF CORPORATION (500,000) EMPLOYEES PROVIDENT FUND BOARD 591,714,933 19/9MALAYAN BANKING 2,189,300 EMPLOYEES PROVIDENT FUND BOARD 1,252,796,161 20/9MALAYAN BANKING 1,000,000 AMANAHRAYA TRUSTEES 3,711,330,685 21/9 - SKIM AMANAH SAHAM BUMIPUTERAMAXIS 528,200 EMPLOYEES PROVIDENT FUND BOARD 827,026,724 20/9MNRB (398,300) AMANAHRAYA TRUSTEES 145,000,000 21/9 - SKIM AMANAH SAHAM BUMIPUTERAPERMAJU INDUSTRIES 9,680,000 CREDIT SUISSE SECURITIES (EUROPE) 9,680,000 21/9 LTD. UKPETRONAS CHEMICALS GROUP 2,000,000 EMPLOYEES PROVIDENT FUND BOARD 675,196,100 20/9POS MALAYSIA 309,900 EMPLOYEES PROVIDENT FUND BOARD 60,544,536 18 & 20/9PUBLIC BANK (397,000) EMPLOYEES PROVIDENT FUND BOARD 521,909,700 18 & 20/9S P SETIA 235,900 EMPLOYEES PROVIDENT FUND BOARD 179,048,583 20/9SAM ENGINEERING (43,752,641) SINGAPORE PRECISION 25/9&EQUIPMENT (M) ENGINEERING LTD. SINGAPORESASBADI 500,000 EMPLOYEES PROVIDENT FUND BOARD 40,440,350 20/9SERBA DINAMIK 1,427,000 KUMPULAN WANG PERSARAAN 69,350,900 25/9 (DIPERBADANKAN)SIME DARBY 4,265,200 EMPLOYEES PROVIDENT FUND BOARD 755,758,031 19 & 20/9SIME DARBY (5,416,900) AMANAHRAYA TRUSTEES 2,779,588,000 20 & 21/9 - SKIM AMANAH SAHAM BUMIPUTERASKP RESOURCES 1,082,900 EMPLOYEES PROVIDENT FUND BOARD 72,799,100 20/9SKP RESOURCES 300,000 KUMPULAN WANG PERSARAAN 73,558,300 25/9 (DIPERBADANKAN)SMTRACK 9,007,100 WAI AI LOO 9,007,100 25/9SOLID AUTOMOTIVE 300,000 KER MIN CHOO 44,619,759 26/9STAR MEDIA GROUP (321,200) EMPLOYEES PROVIDENT FUND BOARD 45,402,800 20/9TENAGA NASIONAL (674,400) KUMPULAN WANG PERSARAAN 305,809,025 25/9 (DIPERBADANKAN) TENAGA NASIONAL (1,919,300) EMPLOYEES PROVIDENT FUND BOARD 699,785,282 20/9TENAGA NASIONAL (5,256,900) AMANAHRAYA TRUSTEES 357,609,800 21/9 - SKIM AMANAH SAHAM BUMIPUTERAWZ SATU (1,000,000) TAN JING XIN 36,378,432 25/9YINSON (600,000) KUMPULAN WANG PERSARAAN 80,716,400 25/9 (DIPERBADANKAN)YONG TAI 1,000,000 DATO’ SRI LEE EE HOE, JP 31,744,000 19 - 21/9YONG TAI 1,000,000 DATO’ SRI LEE EE HOE, JP 37,931,500 19 - 21/9YTL CORPORATION (510,100) EMPLOYEES PROVIDENT FUND BOARD 672,764,747 20/9ZECON 8,092,600 MENTARI HIJAU 11,910,600 25/9

COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION (DISPOSED) SHAREHOLDER AFTER CHANGE DATE

Insider moves (Filings on Sept 26, 2017)Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the company’s outlook.

Note: Run your fi nger down the left-hand side until you reach the country of origin you plan to exchange. Then move your fi nger until that line intersects with the vertical column of the currency you wish to buy. The fi gure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.

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

NZ $ 0.614 0.721 0.703 0.537 0.893 0.977 0.979 0.917 3.0431 4.782 59.169 4.567 2.646 9,682 47.351 81.355 5.731 36.742 2.624 2.702 5.884 24.003 5.628

EURO 1.630 1.174 1.145 0.875 1.455 1.593 1.596 1.494 4.9591 7.794 96.422 7.442 4.313 15,777 77.164 132.579 9.339 59.876 4.276 4.404 9.588 39.116 9.172

US $ 1.388 0.852 0.975 0.745 1.239 1.356 1.359 1.273 4.2230 6.637 82.110 6.338 3.672 13,435 65.710 112.899 7.953 50.988 3.641 3.750 8.165 33.310 7.811

SWISS FR 1.423 0.873 1.025 0.764 1.271 1.391 1.393 1.305 4.3295 6.804 84.181 6.497 3.765 13,774 67.367 115.747 8.153 52.274 3.733 3.845 8.371 34.150 8.007

STERLING £ 1.861 1.142 1.341 1.308 1.663 1.819 1.823 1.707 5.6647 8.902 110.142 8.501 4.926 18,022 88.143 151.442 10.668 68.395 4.885 5.030 10.953 44.682 10.477

CANADA $ 1.120 0.687 0.807 0.787 0.601 1.094 1.097 1.027 3.4073 5.355 66.250 5.113 2.963 10,840 53.018 91.092 6.417 41.140 2.938 3.026 6.588 26.876 6.302

BRUNEI $ 1.023 0.628 0.737 0.719 0.550 0.914 1.002 0.938 3.1134 4.893 60.535 4.672 2.707 9,905 48.445 83.235 5.863 37.591 2.685 2.765 6.020 24.558 5.758

SINGAPORE $ 1.021 0.627 0.736 0.718 0.549 0.912 0.998 0.936 3.1072 4.883 60.415 4.663 2.702 9,885 48.348 83.069 5.852 37.516 2.679 2.759 6.008 24.509 5.747

AUSTRALIA $ 1.090 0.669 0.786 0.766 0.586 0.974 1.066 1.068 3.3184 5.215 64.521 4.980 2.886 10,557 51.635 88.715 6.249 40.066 2.861 2.947 6.416 26.175 6.137

MALAYSIA RM 0.329 0.202 0.237 0.231 0.177 0.293 0.321 0.322 0.301 1.0000 1.572 19.444 1.501 0.870 3,181 15.560 26.734 1.883 12.074 0.862 0.888 1.933 7.888 1.850

100 CHINESE RMB 20.910 12.831 15.068 14.697 11.233 18.675 20.438 20.479 19.175 63.6310 1,237 95.493 55.335 202,440 990.104 1,701 119.832 768.277 54.869 56.505 123.030 501.905 117.687

100 BANGLAD’H TAKA 1.690 1.037 1.218 1.188 0.908 1.509 1.652 1.655 1.550 5.1431 8.083 7.718 4.473 16,363 80.027 137.498 9.686 62.098 4.435 4.567 9.944 40.567 9.512

100 DANISH KRONER 21.897 13.437 15.779 15.391 11.763 19.556 21.402 21.445 20.080 66.6340 104.72 1,296 57.946 211,994 1,036.83 1,781 125.49 804.53 57.46 59.17 128.84 525.59 123.24

100 UAE DIRHAM 37.788 23.188 27.230 26.560 20.300 33.749 36.935 37.009 34.653 114.9929 180.72 2,236 172.57 365,847 1,789 3,074 216.56 1,388 99.16 102.12 222.34 907.03 212.68

1000 INA RUPIAH 0.010 0.006 0.007 0.007 0.006 0.009 0.010 0.010 0.009 0.0314 0.049 0.611 0.047 0.027 0.489 0.840 0.059 0.380 0.027 0.028 0.061 0.248 0.058

100 INDIA RUPEE 2.112 1.296 1.522 1.484 1.135 1.886 2.064 2.068 1.937 6.4267 10.100 124.958 9.645 5.589 20,446 171.814 12.103 77.596 5.542 5.707 12.426 50.692 11.886

100 JAPAN YEN 1.229 0.754 0.886 0.864 0.660 1.098 1.201 1.204 1.127 3.7405 5.878 72.728 5.614 3.253 11,900 58.202 7.044 45.163 3.225 3.322 7.232 29.504 6.918

100 NORWEGIAN KRONER 17.449 10.708 12.574 12.265 9.374 15.584 17.055 17.089 16.002 53.1000 83.450 1,032 79.689 46.177 168,936 826.241 1,420 641.126 45.788 47.154 102.668 418.839 98.209

100 PHILIPPINE PESO 2.722 1.670 1.961 1.913 1.462 2.431 2.660 2.666 2.496 8.2823 13.016 161.037 12.430 7.202 26,350 128.873 221.422 15.598 7.142 7.355 16.014 65.329 15.318

100 QATAR RIYAL 38.109 23.385 27.461 26.786 20.472 34.035 37.248 37.323 34.947 115.9687 182.252 2,255 174.038 100.849 368,951 1,804 3,100 218.397 1,400 102.982 224.224 914.731 214.486

100 SAUDI RIYAL 37.005 22.708 26.666 26.010 19.879 33.050 36.170 36.242 33.935 112.6103 176.974 2,190 168.998 97.928 358,266 1,752 3,011 212.072 1,360 97.104 217.731 888.241 208.275

100 SWEDISH KRONOR 16.996 10.429 12.247 11.946 9.130 15.179 16.612 16.645 15.586 51.7200 81.281 1,005.618 77.618 44.977 164,546 804.768 1,383 97.401 624.464 44.598 45.928 407.954 95.657

100 THAI BAHT 4.166 2.556 3.002 2.928 2.238 3.721 4.072 4.080 3.820 12.6779 19.924 246.503 19.026 11.025 40,334 197.269 338.936 23.876 153.072 10.932 11.258 24.513 23.448

100 HK$ 17.767 10.903 12.803 12.488 9.545 15.868 17.366 17.401 16.293 54.0682 84.971 1,051.275 81.142 47.019 172,016 841.306 1,445 101.823 652.816 46.623 48.014 104.540 426.476

STOCK HIGH LOW CLOSE VOLUME (RM) (RM) (RM) ('000)

BJLAND 0.400 0.390 0.395 88.7UEMS-C51 0.045 0.045 0.045 516GTRONIC-CH 0.070 0.070 0.070 30WCT-WD 0.080 0.050 0.070 10381.9MMCCORP 2.160 2.110 2.130 171.2AIRPORT-CT 0.160 0.150 0.150 121FBMKLCI-C1U 0.060 0.060 0.060 173HOHUP 0.680 0.660 0.660 911.3MEDIAC 0.480 0.455 0.460 937.9POS-C8 0.110 0.105 0.105 250MBSB-C2 0.060 0.050 0.050 699.5IJM-C7 0.045 0.045 0.045 16DESTINI 0.570 0.555 0.560 2624.1FBMKLCI-C1N 0.100 0.100 0.100 10

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

STOCK HIGH LOW CLOSE VOLUME (RM) (RM) (RM) ('000)

FRONTKN 0.425 0.405 0.405 71227.5MERCURY 1.540 1.440 1.510 424.9HAIO 5.250 5.080 5.250 853HAIO-CA 0.230 0.215 0.230 241LIIHEN 3.840 3.730 3.730 978.8IJM-C8 0.055 0.055 0.055 100PANTECH 0.675 0.640 0.670 8087.9FACBIND 1.430 1.360 1.430 444.4TOPGLOV-C20 0.100 0.100 0.100 27ECOWLD-CJ 0.070 0.060 0.070 25.2YTL-C12 0.085 0.085 0.085 14.9

This table shows stocks that are trading near their year high. This could suggest a build-up in buying momentum, or the possibility that profi t-taking activities could set in later.

Trading themes

Stocks closest to year high Stocks closest to year low

Power restoration after major US hurricanes

• Berjaya Media Bhd’s annual general meet-ing (AGM) at Bukit Jalil Golf and Country Resort, Perdana Ballroom, Jalan Jalil Per-kasa 3, Bukit Jalil, Kuala Lumpur at 10am.

• Dataprep Holdings Bhd’s AGM at Bukit Kiara Equestrian and Country Resort Sdn Bhd, Dewan Berjaya, Jalan Bukit Kiara, off Jalan Damansara, Kuala Lumpur at 10am.

• Sneak preview of the 8th International Greentech and Eco Products Exhibition and Conference Malaysia 2017 at Kua-la Lumpur Convention Centre, Meeting Room 301, Jalan Pinang, Kuala Lumpur,

from 10am to 2pm.• Wiko, a smartphone from France, collec-

tion launch at Pullman Kuala Lumpur City Centre Hotel and Residences, Jalan Conlay, Kuala Lumpur at 10am.

• Lay Hong Bhd’s AGM at Premiere Hotel, Th e Ballroom III, Ground Floor, Bandar Bukit Tinggi 1/KS6, Jalan Langat, Klang at 11.30am.

• Offi cial launch of Columbia Asia’s latest hospital located in Klang at PT 71153, Jalan Mahkota 1/KU2, Mutiara Bukit Raja, off Jalan Meru, Klang from 10.30am to 2pm.

Power relief eff orts for hurricane Wilma and Irma were aided by utilities’ ability to access power from utilities in other states through the existing interstate transmission systems and the nearby availability of workers to help restore the system. Hurricane Maria knocked out power to all 1.5 million customers in Puerto Rico, and its island locale means it cannot draw on other nearby electrical grids. Additionally, with key infrastructure like ports and airports out of service, workers have been prevented from arriving, and eff orts to assess the damage have been much slower.

Steel production

MarketsF 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

2 9


Index futures

FUTURES FAIR VALUECONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE

FUTURES ROLL OVER BID OFFER CLOSE

SEP/OCT 0.0 -1.0 0.0

INDEX AND FUTURES OPEN CHANGE INCONTRACT LAST CHANGE VOLUME INTEREST OPEN INTEREST

Money market

Commodities

OCT/NOV 17OCT/DEC 13OCT/JAN 6NOV/DEC -4

CPO FUTURES INDICATIVE ROLL-OVER

CPO/SOYOIL FUTURES BASIS (USD)CURRENT -74.293 MONTHS AVERAGE -96.516 MONTHS AVERAGE -90.50

OPEN CHANGE INCONTRACT LAST CHANGE VOLUME INTEREST OPEN INTEREST

OCT-17 2,760 5 274 4,190 -268NOV-17 2,743 -5 4,214 19,070 -1,605DEC-17 2,747 -2 23,279 62,776 2,496JAN-18 2,754 3 8,700 41,035 762FEB-18 2,757 2 3,892 13,066 1,660

Palm oil prices shed early gains to end the trading day

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

Oil dips, but remains in view of US$60

METAL & PRECIOUS METALSTIN US$/TON KLTM 20,700 -50COPPER USC/IBS CMX 2.9340 0.0235GOLD US$/TROY OZ CMX 1,288.80 -8.90PLATINUM US$/TROY OZ NYMEX 924.90 -1.30PALLADIUM US$/TROY OZ NYMEX 912.10 -2.35SILVER USC/TROY OZ CMX 16.84 0.03ALUMINIUM RMB/TON SHF 16,600 -15ZINC RMB/TON SHF 25,680 380

ENERGYLIGHT CRUDE OIL US$/BBL NYMEX 51.96 0.08HEATING OIL USC/GAL NYMEX 1.8423 0.0039NATURAL GAS US$/MMBTU NYMEX 3.029 0.029BRENT CRUDE US$/BBL ICE 58.23 -0.21GAS OIL US$/TON ICE 549.75 3.50

CRUDE PALM OIL RM/TON MDEX 2,747 -2RUBBER SEN/KG MRB 638.00 UNCHCORN USC/BSH CBOT 350.75 -1.50SOYBEANS USC/BSH CBOT 963.00 -0.50WHEAT USC/BSH CBOT 451.25 -2.50LIVE CATTLE USC/IBS CME 113.48 -0.95COCOA US$/TON NYBOT 1,982 12COFFEE USC/IBS NYBOT 134.95 -0.90SUGAR USC/IBS NYBOT 13.96 0.05COTTON USC/IBS NYC 67.70 -0.19

AGRICULTURE UNIT EXCHANGE LAST PRICE CHANGE

Rubber - M’sia SMR 20

Sen/Kg

Jan 7, 2007 Sept 27, 2017

200

625

1050

1475

1900

638.00(Unch)

SGS & ITS EXPORT ESTIMATES (TONNES)SHIPMENT DAYS

1 - 10TH DAYS1 - 15TH DAYS1 - 20TH DAYS1 - 25TH DAYSFULL MONTH

JUN’17 JUL’17 AUG’17

367/367 381/360 363/355 524/509 616/599 537/512 710/721 818/797 693/679 996/986 1,044/1,017 956/934 1,210/1,190 1,260/1,239 1,259/1,243

MALAYSIAN PALM OIL BOARD

PRODUCTIONEXPORT STOCKS

FKLI

Index points Open Interest

Jan 4, 2010

2000

24000

46000

68000

90000

1200

1395

1590

1785

1980

Sept 27, 2017

1,755.00(-7.00)

Klibor

Implied interest rate (%)

Oct 1, 2000

3.50(Unch)

Sept 27, 2017

1.5

2.5

3.5

4.5

Centrifuged Latex

Sen/Kg

Jan 7, 2007

522.50(+3.00)

Sept 27, 2017

300

500

700

900

1100

CPO futures

FBM KLCI futures

OCT7 96.53 — — —NOV7 96.52 — — —DEC7 96.50 — — —MAR8 96.50 — — —JUN8 96.50 — — —SEP8 96.50 — — —DEC8 96.50 — — —MAR9 96.50 — — —JUN9 96.50 — — —SEP9 96.50 — — —DEC9 96.50 — — —MAR0 96.50 — — —JUN0 96.50 — — —SEP0 96.50 — — —DEC0 96.50 — — —MAR1 96.50 — — —JUN1 96.50 — — —SEP1 96.50 — — —DEC1 96.50 — — —MAR2 96.50 — — —JUN2 96.50 — — —SEP2 96.50 — — —TOTAL 0 0

MONTH SETTLEMENT CHANGE VOLUME OPEN PRICE INTEREST

Klibor

Malaysian palm oil futures erased earlier gains to end the trading day slightly lower yesterday, tracking overnight losses in soyoil on the Chicago Board of Trade (CBoT). Th e benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 0.1% or RM2 to RM2,747 a tonne, its third drop in four sessions. Palm oil prices were tracking overnight CBoT soyoil prices, according to traders: “Weakness in the local currency could, however, cushion the selling pressure.” A weaker ringgit, the currency of trade for palm oil, usually makes palm oil cheaper for holders of foreign currencies. Th e currency slipped as much as 0.36% to 4.2200 per US dollar, its weakest in nearly three weeks. Another trader said in the evening that he expected the market to be “range trading”, as investors are concerned that output could be lower than anticipated. Palm oil production typically rises in the third and fourth quarters of the year, usually peaking in August or September. Output this September however could be lower due to some national public holidays, traders said. Th e December soybean oil contract on the CBoT gained up to 0.3% after closing down 1.6% in its previous session on better-than-expected yield reports from the US midwest. — Reuters

MAY’17 JUN’17 JUL’17 AUG’17

1,655 1,514 1,827 1,810 1,506 1,379 1,398 1,487 1,558 1,527 1,784 1,942

MPOB FFB REF PRICE (MILL GATE PRICE)

NORTH 20.00% 611 19.00% 585 18.00% 559SOUTH 20.00% 616 19.00% 589 18.00% 563CENTRAL 20.00% 610 19.00% 584 18.00% 557EAST COAST 20.00% 607 19.00% 581 18.00% 555SABAH 22.00% 592 21.00% 568 20.00% 544SARAWAK 22.00% 599 21.00% 574 20.00% 549

REGION GRADE A GRADE B GRADE C OER (RM/TON) OER (RM/TON) OER (RM/TON)

(IN RM/TON) SEP’17 OCT’17 NOV’17

CPO DELD 2,723.50 NO TRADE NO TRADEPK EX-MILL 2,637.50 NO TRADE NO TRADECPKO DELD 5,622.00 5,633.50 NO TRADERBD P.OIL FOB NO TRADE NO TRADE NO TRADERBD P.OLEIN FOB NO TRADE NO TRADE NO TRADERBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE

MPOB Palm oil physical

Oil eased yesterday, edging lower for a second day, although an unexpected drop in US crude inventories helped keep the price within sight of this week’s 26-month highs. A rise in the US dollar to one-month high against the euro following a signal the previous day by the head of the US Federal Reserve that rates will continue to tighten, dampened the broader commodity markets and that weakness fed into oil. Brent November crude futures were down 21 US cents at US$58.23 a barrel, while US West Texas Intermediate crude futures for November delivery was eight US cents lower at US$51.96. Turkey’s repeated threat to cut oil exports from the Kurdistan region in northern Iraq pushed the price close to US$60 a barrel on Monday for the fi rst time since June 2015. — Reuters

Commodities

snapping three sessions of declines and Singapore up on fi nancials. — Agencies

CPO & Open Interest

CPO RM/tonne Open Interest

Jan 6, 2008 Sept 27, 2017

10000

57500

105000

152500

200000

1200

1950

2700

3450

4200

(-2)2,747

CPO vs Soyoil

CPO RM/tonne Soyoil US$/Ibs

Jan 6, 2008 Sept 27, 2017

0.3372(RM3,137/tonne)

2,747(-2)

0.000

0.175

0.350

0.525

1100

2425

3750

5075

6400 0.700

Th e US dollar climbed 0.5% yesterday against a broad basket of currencies as optimism about US fi scal reforms and hawkish talk from the central bank pushed bond yields higher. Extreme short bets against the greenback has been one of the most crowded trades in the currency markets this year as investors have been disappointed by the progress on fi scal reforms and the slow pace of increase in US interest rates. But futures markets have rapidly increased the likelihood of a US rate rise by December in recent days to as much as 70%, compared to less than 20% from only a month ago thanks to recent hawkish comments by US Federal Reserve chair Janet Yellen. Th e yen fell 0.6% to 112.92 per US dollar, close to an 11-week low. — Reuters

US dollar surges on fi scal hopes, hawkish Yellen

Th e FBM KLCI futures contracts on Bursa Malaysia Derivatives closed lower yesterday despite the weaker underlying cash market. September 2017 lost seven points to 1,755; October 2017 and March 2018 was down 4.5 points to 1,755 and 1,756.5 respectively; while December 2017 eased 3.5 point to 1,757.5. Turnover declined to 22,879 lots from 30,885 lots on Tuesday with open interest widening to 74,795 contracts from 66,024 contracts. Th e underlying benchmark FBM KLCI fi nished 1.35 points lower at 1,764.24. Most Southeast Asian stock markets trimmed losses to end fl at yesterday, as investors digested comments by US Federal Reserve chair Janet Yellen on a possible rate increase, with the Philippine Index

FBM KLCI futures contracts close lower

Crude Oil

US$/bbl

Apr 10, 2007 Sept 27, 2017

51.96(+0.08)

20.00

53.75

87.50

121.25

155.00

Gold

US$/troy oz

Aug 31, 2008 Sept 27, 2017

700

1020

1340

1660

1980

1,288.80(-8.90)

Long Rolls - KLCI futures

Index points

Jan 4, 2010

0.00(+3.00)

Sept 27, 2017

-35.00

-21.75

-8.50

4.75

18.00

US Dollar

USD Index

Oct 2, 2006

71.0

79.5

88.0

96.5

105.093.435(+0.469)

Sept 27, 2017

FBMKLCI 1,764.24 -1.35 149.9M SEP 17 1,755.00 -7.00 12,114 44,347 -4,340OCT 17 1,755.00 -4.50 10,722 29,877 9,419DEC 17 1,757.50 -3.50 29 361 11MAR 18 1,756.50 -4.50 14 210 5TOTAL 22,879 74,795 5,095

SEP 17 2 0.31 4.78 -4.47OCT 17 34 5.23 7.15 -1.92ROLL’S FAIR 2.55


Markets Y O U R D A I L Y F I N A N C I A L M A R K E T S R O U N D U P

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 2 9

I N S I D E R M O V E S . T R A D I N G T H E M E S . E V E N T S . F O R E X PA G E 2 7

G L O BA L M A R K E T S . B U R SA M A L AY S I A E Q U I T Y D E R I VAT I V E S PA G E 2 5

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 3RESEARCH: TAI TS [[email protected]; SUGUMARAN [[email protected]]

CONTRACT SETTLEMENT CHANGE HIGH LOW

KUALA LUMPUR: Th e FBM KLCI lost 1.35 points or 0.1% to 1,764.24 yesterday as foreign selling of Malaysian stocks continued on expectation of US interest rate hikes. US interest rate hikes do not bode well for Asian markets, in anticipation investors will shift their money into US dollar-based assets. “We are still at the selling stage. We will see how bad it gets, my guess is foreign selling will not slow down anytime soon,” Inter-Pacifi c Securities Sdn Bhd research head Pong Teng Siew told theedgemarkets.com. Pong said foreign funds have been selling Malaysian equities since last week, as they took a cautious approach on the US’ impending quantitative easing drawdown and possible interest rate hikes. Reuters reported markets were put on notice by US Federal Reserve chair Janet Yellen, who used Tuesday’s speech to warn that it would be “imprudent” to keep policy on hold until infl ation is back at 2%. She said the US central bank “should also be wary of moving too gradually” on rates. Across Bursa Malaysia, 2.21 billion shares valued at RM2.16 billion exchanged hands. Gainers led decliners at 376 and 343 respectively. Sapura Energy Bhd was among Bursa’s most active stocks and leading decliners. Yesterday, a 74% drop in its second quarter net profi t at RM28.93 million from a year earlier. Sapura Energy was Bursa’s sixth most-active stock yesterday, as well as the 10th-largest decliner. — by Adam Aziz

FBM KLCI down as foreign selling persists on US rate hike cue

KLCI CHANGE CLOSE VOLUME POINTS (RM) (RM) ('000)DIGI.COM 0.77 0.060 4.910 3972.8AXIATA GROUP 0.59 0.040 5.180 11074.1TELEKOM MALAYSIA 0.37 0.060 6.410 1211.4MAYBANK 0.35 0.020 9.820 19026.2PPB GROUP 0.31 0.160 16.960 135.4RHB BANK -0.13 -0.020 5.120 1371.4K.LUMPUR KEPONG -0.14 -0.080 24.480 1137.9HONG LEONG FINANCE -0.15 -0.080 16.820 122.2IOI CORPORATION -0.21 -0.020 4.510 1777.1WESTPORTS HOLDINGS -0.22 -0.040 3.850 681.4IHH HEALTHCARE -0.27 -0.020 5.830 3655.8SIME DARBY -0.34 -0.030 9.010 6731.1TENAGA NASIONAL BERHAD -0.37 -0.040 14.360 7212.2PETRONAS CHEMICAL -0.39 -0.030 7.290 8401.0CIMB GROUP -0.60 -0.040 6.300 16929.9GENTING -1.08 -0.170 9.510 4218.4SUB-TOTAL -1.51 OTHERS 0.16 GRAND TOTAL -1.35

1,760.50 1,754.50 1,759.50 1,752.50 1,761.00 1,756.00

Market movers

DOW JONES 22,284.32 -11.77S&P 500 2,496.84 0.18NASDAQ 100 5,881.34 13.99FTSE 100 7,285.74 -15.55AUSTRALIA 5,664.28 -6.70CHINA 3,345.27 1.69HONG KONG 27,642.43 129.42INDIA 31,159.81 -439.95

INDONESIA 5,863.03 -0.94JAPAN 20,267.05 -63.14KOREA 2,372.57 -1.75PHILIPPINES 8,221.92 51.78SINGAPORE 3,236.15 24.11TAIWAN 10,326.68 69.66THAILAND 1,670.27 0.52VIETNAM 803.77 -1.58

CLOSE CHANGE CLOSE CHANGE

World equity indices

TURNOVER CHANGE CHANGE PRICE PE DIVIDEND (‘000) (RM) (%) (RM) RATIO YIELD (%)

Daily top 20 active stocks

HEIM 18.740 0.280HARTA 6.800 0.250JHM 3.050 0.180BAT 44.300 0.180HAIO 5.250 0.170PPB 16.960 0.160PTARAS 4.000 0.160MASTEEL 1.350 0.150SAB 4.750 0.140HSI-C1E 1.120 0.135SSTEEL 2.300 0.130VITROX 4.570 0.120

PANAMY 38.400 -0.520SUPERLN 2.320 -0.440KESM 15.800 -0.280GENTING 9.510 -0.170STAR 1.780 -0.160SCIENTX 8.750 -0.130UTDPLT 27.400 -0.100GENP 10.380 -0.100PETRONM 10.220 -0.100SENERGY 1.610 -0.100IJM-C8 0.055 -0.095HLFG 16.820 -0.080

UP CHANGE CLOSE (RM)

DOWN CHANGE CLOSE (RM)

Top gainers and losers (ranked by RM)

UMW-C2 0.105 31.25NIHSIN-WA 0.045 28.57WCT-WD 0.070 27.27NEXGRAM-WA 0.025 25.00APFT 0.025 25.00HUBLINE-WB 0.050 25.00TIMECOM-CO 0.060 20.00SCOPE-WA 0.130 18.18IOICORP-C13 0.065 18.18HARTA-CZ 0.100 17.65SPSETIA-CW 0.135 17.39RHBBANK-C2 0.035 16.67

IJM-C8 0.055 -63.33TENAGA-C39 0.070 -53.33YTL-C12 0.085 -43.33SENERGYC38 0.040 -38.46XINGHE-WA 0.010 -33.33UEMS-C45 0.010 -33.33SENERGYC49 0.050 -33.33KAREX-CZ 0.010 -33.33SENERGYC47 0.090 -30.77MBSB-C4 0.105 -30.00POS-C8 0.105 -30.00CMSB-C7 0.025 -28.57

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

Top gainers and losers (ranked by percentage)

FBM KLCI & KLCI futures intraday

Daily FBM KLCI

FBM KLCI sensitivity*

FBM KLCI futures

UMW-C2 0.105 31.25NIHSIN-WA 0.045 28.57WCT-WD 0.070 27.27NEXGRAM-WA 0.025 25.00HUBLINE-WB 0.050 25.00TIMECOM-CO 0.060 20.00SCOPE-WA 0.130 18.18IOICORP-C13 0.065 18.18HARTA-CZ 0.100 17.65SPSETIA-CW 0.135 17.39RHBBANK-C2 0.035 16.67HUBLINE-WA 0.035 16.67

IJM-C8 0.055 -63.33TENAGA-C39 0.070 -53.33YTL-C12 0.085 -43.33SENERGYC38 0.040 -38.46XINGHE-WA 0.010 -33.33UEMS-C45 0.010 -33.33SENERGYC49 0.050 -33.33KAREX-CZ 0.010 -33.33SENERGYC47 0.090 -30.77MBSB-C4 0.105 -30.00POS-C8 0.105 -30.00CMSB-C7 0.025 -28.57

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

Top gainers and losers - warrants (ranked by percentage)

TIGER 91,610 0.00 0.000 0.060 0.070 0.055FRONTKN 71,228 2.53 0.010 0.405 0.425 0.405SENERGY 44,588 -5.85 -0.100 1.610 1.730 1.560HUBLINE-WB 35,531 25.00 0.010 0.050 0.055 0.035PERMAJU 35,413 2.86 0.010 0.360 0.380 0.345IFCAMSC 21,758 7.89 0.030 0.410 0.415 0.380SENERGYC46 16,335 -27.27 -0.030 0.080 0.110 0.075BJCORP 14,154 1.47 0.005 0.345 0.355 0.340SANBUMI 12,205 8.51 0.020 0.255 0.270 0.235APFT 9,766 25.00 0.005 0.025 0.025 0.020SUPERLN 9,745 -15.94 -0.440 2.320 2.390 2.250BRIGHT-WB 8,592 -9.09 -0.005 0.050 0.060 0.050TIGER-WC 8,580 0.00 0.000 0.030 0.030 0.030PANTECH 8,088 4.69 0.030 0.670 0.675 0.640BRIGHT 7,844 -1.85 -0.005 0.265 0.300 0.265HUBLINE-WA 6,505 16.67 0.005 0.035 0.040 0.030

STOCK VOLUME CHANGE CHANGE CLOSE HIGH LOW ('000) (%) (RM) (RM) (RM) (RM)

Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares traded for a particular counter on the previous trading day is more than triple the average volume for the last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of market expectations for these counters.

UNUSUAL MARKET ACTIVITIES

* How stock price changes affected the index on the previous trading day

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Moving average - 20-dayKL Composite Index

Volume (’mil)

Jan 2, 2008 Sept 27, 2017

1,764.24(-1.35)

1,775.41

820.0

1122.5

1425.0

1727.5

2030.0

0

300

600

900

1754.0

1755.4

1756.8

1758.2

1759.6

1761.0

1762.4

1763.8

1765.2

1766.6

1768.0

17:1516:3015:3014:3012:4511:3010:309:308:45

Index point

KL Composite Index

KLCI futures1,755.00

(-7.00)

1,764.24(-1.35)

SEP 17 1,755.00 -7.00OCT 17 1,755.00 -4.50DEC 17 1,757.50 -3.50

Equilibrium is the profoundest tendency of all human activity. — Jean Piaget

HUBLINE 219,629.7 0.010 10.00 0.110 41.67 0.00TIGER 91,609.5 UNCH UNCH 0.060 — 0.00HIBISCS 73,412.1 -0.015 -2.26 0.650 8.61 0.00FRONTKN 71,227.5 0.010 2.53 0.405 15.19 1.27HUAAN 47,926.4 -0.005 -2.27 0.215 — 0.00SENERGY 44,587.8 -0.100 -5.85 1.610 80.66 0.58HUBLINE-WB 35,531.1 0.010 25.00 0.050 — 0.00PERMAJU 35,412.8 0.010 2.86 0.360 — 0.00UMWOG 33,269.8 -0.010 -3.17 0.305 — 0.00ICON 32,531.4 UNCH UNCH 0.305 — 0.00ALAM 31,460.3 -0.005 -2.17 0.225 — 0.00PALETTE 30,218.0 -0.010 -4.44 0.215 — 0.00TRIVE 28,036.5 -0.005 -2.94 0.165 77.27 0.00DIALOG 25,912.5 UNCH UNCH 2.000 29.11 1.20CARIMIN 25,669.8 UNCH UNCH 0.550 — 0.00SUMATEC 24,712.8 -0.005 -8.33 0.055 — 0.00HIAPTEK 24,711.2 0.025 6.10 0.435 13.80 0.73SCOMI 23,898.9 0.005 2.70 0.190 — 0.00IFCAMSC 21,758.1 0.030 7.89 0.410 22.35 1.32KNM 21,587.0 -0.010 -3.45 0.280 — 0.00

1,764.24 1.35 6,541.71 18.81 3,236.15 24.11 20,267.05 63.14 27,642.43 129.42 22,284.32 11.771,764.24 1.35 6,541.71 18.81 3,236.15 24.11 20,267.05 63.14 27,642.43 129.42 22,284.32 11.77KLCI FBM ACE FTSTI NIKKEI HANG SENG DOW JONES1,764.24 1.35 6,541.71 18.81 3,236.15 24.11 20,267.05 63.14 27,642.43 129.421,764.24 1.35 6,541.71 18.81 3,236.15 24.11 20,267.05 63.14 27,642.43 129.42

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THURSDAY SEPTEMBER 28, 2017 ISSUE 2500/2017 …tefd.theedgemarkets.com/2017/TEP/20170928vx2yu8.pdf · Works by Ahmad Shukri Mohamed — from 2010 to 2017 at Th e Edge Galerie preview