TUESDAY APRIL 7, 2020 ISSUE 3103/2020 FINANCIAL DAILYApr 07, 2020 · Genting Singapore Plc and Marina Bay Sands will be closed for a month from today. Genting Singapore’s one-month

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‘Less red tape in execution crucial to ensure all benefi t from stimulus package’

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TUESDAY APRIL 7, 2020 ISSUE 3103/2020

Th ese companies are aff ected by the MCO and Covid-19.Ahmad Naqib Idris & Adam Aziz have the story on Page 3.

Govt announces RM10B ADDITIONAL ASSISTANCE for SMEs






MoH continues to focus on virus screening for high-risk groups

FMM wants total suspension of foreign worker levy instead of 25% cut

Petronas unit makes oil discovery in US Gulf of Mexico

Moody’s cuts Sime Darby Plantation rating but revises outlook to stable

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‘Less red tape in execution crucial to ensure all benefi t from stimulus package’


FINANCIALFINANCIALDAILYDAILY

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M A K E B E T T E RDECISIONS

PP 9974/08/2013 (032820)PENINSULAR MALAYSIA RM2.00

TUESDAY APRIL 7, 2020 ISSUE 3103/2020

Th ese companies are aff ected by the MCO and Covid-19.Ahmad Naqib Idris & Adam Aziz have the story on Page 3.

Govt announces RM10B ADDITIONAL ASSISTANCE for SMEs






MoH continues to focus on virus screening for high-risk groups



Moody’s cuts Sime Darby Plantation rating but revises outlook to stable

Never before a worldwide shutdown of all Genting group’s casinos

Number of patients cured of Covid-19 exceeds new infections4 H O M E B U S I N E S S

N E S S

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2 TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

For breaking news updates go towww.theedgemarkets.com

O N E D G E T V


Digital disruption in the auditing process

BY A N I R B A N S E N

& E L I Z A B E T H D I LT S M A R S H A L L

BY H U W J O N E S

BY A N D R E A S H A L A L

GSK to partner with Vir for potential Covid-19 treatmentsBENGALURU: British drug mak-er GlaxoSmithKline (GSK) will invest US$250 million (RM1.09 billion) in Vir Biotechnolo-gy Inc and collaborate to de-velop potential treatments for Covid-19, the companies said yesterday. Vir shares jumped 35% before the bell, while GSK was up about 1%. Drug makers across the globe are rushing to develop a treatment or vaccine for the fast-spreading virus that has killed over 68,400 people globally. Th ere are currently no approved treatments for the dis-ease. Th e collaboration will bring Vir’s monoclonal antibody plat-form technology and GSK’s ex-pertise in functional genomics under one umbrella. — Reuters

Debenhams seeks administration as virus tips retailer over edgeLONDON: Struggling UK re-tailer Debenhams plc moved to protect itself from creditors after closing its stores because of Covid-19. Th e department store chain fi led a notice of intent to appoint administrators under UK insolvency procedures. Th e company said the goal was to avoid being pushed into liquida-tion as it eyes reopening after vi-rus-related restrictions are eased. Debenhams envisions what it described as a “light touch” ad-ministration in which the ex-isting management remains in place, under the supervision of the administrators from FRP Ad-visory Group plc. — Bloomberg

Countries must tackle ‘horrifying’ domestic abuse surge — UNLONDON: United Nations chief Antonio Guterres has called on governments to take urgent measures to tackle a “horrify-ing global surge” in domestic violence fuelled by worldwide lockdowns to curb the spread of Covid-19. Calls to helplines have doubled or tripled in some coun-tries amid increasing social and economic strains compounded by strict limits on movement, which have left many women isolated at home with abusive partners. Guterres called for all governments to make preventing violence against women a key part of their national response plans for Covid-19. — Reuters

Germany plans ‘limitless’ credit programme for small companiesBERLIN: Chancellor Angela Merkel’s government unveiled a new “limitless” loan programme for Germany’s vast ranks of small- and medium-sized companies, fi lling a hole in an unprecedent-ed aid package to cushion the economic impact from the Cov-id-19 pandemic. Th e government will guarantee 100% of loans for companies with between 11 and 250 employees, German Finance Minister Olaf Scholz announced at a joint press conference with Economy Minister Peter Altmaier yesterday. — Bloomberg

I N BR I E FDimon calls ‘bad recession’, mulls suspending dividendHe says JPMorgan’s earnings will be down meaningfully in 2020

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BANGALORE: JPMorgan Chase & Co’s top boss Jamie Dimon (pic) yesterday said he sees a “bad reces-sion” in 2020, and that the largest US bank could suspend its dividend if the Covid-19 crisis deepens.

Dimon, widely regarded as the face of the US banking sector, is the most prominent voice on Wall Street so far to project that the economic cost of the virus will not evaporate quickly, and said the bank’s earnings will be down “meaningfully in 2020.”

JPMorgan could look at sus-pending dividends if the gross do-mestic product (GDP) were to fall by as much as 35% in the second quarter (2Q) and the unemploy-ment rate were to rise further to 14% in 4Q of the year, the chief executive offi cer (CEO) wrote in

his annual letter to shareholders.Questions are mounting about

whether big US banks will have to cut dividends later this year as the virus crisis puts a record portion of Americans out of work, making it dif-fi cult for borrowers to pay back loans.

“If the board suspended the div-

LONDON: Th e Covid-19 market rout was the ultimate stress test for trading exchanges and has also made takeover targets potentially more attractive, with Milan still a favourite, Euronext chief executive offi cer (CEO) Stephane Boujnah told Reuters.

Th e pan-European exchange an-nounced last month it would not make a counterbid for Spain’s Bolsa de Madrid (BME), leaving a clear run for Swiss Exchange SIX to complete its takeover of the Madrid bourse.

Boujnah said in an interview the price and terms were not right for

Euronext sifts Covid-19 market rubble for takeover targets

Euronext, calculating the Zurich ex-change operator is paying almost a 40% premium for an exchange that has suff ered declining earnings in recent years.

Zurich has also committed to making no synergies for a decade, which would cap its return on eq-uity, he said. “Th is is bound to raise some eyebrows,” Boujnah said.

SIX had no comment yesterday, but noted its CEO Jos Dijsselhof said last month the price refl ected the value of BME as the Swiss exchange creates Europe’s third biggest mar-ket infrastructure group.

Since 2018, Euronext has add-ed Dublin and Oslo exchanges to

a stable that also includes opera-tions in Brussels, Amsterdam, Lis-bon, Paris and London. Acquiring another bourse is still an option, Boujnah said.

The London Stock Exchange (LSE) is buying data and analytics company Refi nitiv for US$27 bil-lion (RM117.99 billion), leading to speculation that it might have to offl oad its Italian operations to get the green light from European Union competition regulators.

While the LSE has made it clear it has no intention to analyse a po-tential sale of Borsa Italiana, fallout from the pandemic could change this, Boujnah said. — Reuters

WASHINGTON: Th e International Monetary Fund (IMF) yesterday cit-ed limited but encouraging signs of recovery in China, the fi rst country to suff er the brunt of the Covid-19 pandemic but said it could not rule out a resurgence of the pandemic in China and elsewhere.

In a blog, top IMF economists said the pandemic caused by the virus had pushed the world into a recession that would be worse than the global fi nancial crisis, and called for a global, coordinated health and

IMF encouraged by recovery in Chinaeconomic policy response.

“Th e economic damage is mount-ing across all countries, tracking the sharp rise in new infections and con-tainment measures put in place by governments,” the IMF experts wrote.

The total confirmed cases of Covid-19 around the world jumped to more than 1,250,000, with 68,400 deaths reported, according to a Reuters tally.

China was seeing a modest im-provement in its purchasing man-ager surveys (PMIs) after sharp declines early in the year, and daily satellite data on nitrogen dioxide

concentrations in the atmosphere — a proxy for industrial and trans-port activity — showed a gradual decline in containment measures, the IMF experts wrote.

“Th e recovery in China, albeit lim-ited, is encouraging, suggesting that containment measures can succeed in controlling the epidemic and pave the way for a resumption of econom-ic activity,” the authors wrote.

“But there is huge uncertainty about the future path of the pandem-ic and a resurgence of its spread in China and other countries cannot be ruled out,” they added. — Reuters

idend, it would be out of extreme prudence and based upon contin-ued uncertainty over what the next few years will bring,” Dimon said.

Dimon, who returned to work last week after undergoing emergency heart surgery in March, highlighted several other challenges that the bank is facing, saying its call centres have struggled in the current environment, with many of them eff ectively shut-ting down due to local restrictions.

JPMorgan will extend benefi ts to customers hit hard by the health crisis, by introducing measures such as waivers for late fees and a 90-day grace period for mortgage and auto loan payments, according to the letter.

Dimon also said that the vast majority of the bank’s 16,850 ATMs were “well-stocked and still func-tioning” to provide cash for cus-tomers. — Reuters

REUTERS

H O M E B U S I N E S S 3TUESDAY APRIL 7, 2020 • THEED G E FINANCIAL DAILY

Government announces RM10b additional assistance for SMEsTh ese companies are aff ected by the MCO and Covid-19

BY A H M A D N A Q I B I D R I S & A D A M A Z I Z

KUALA LUMPUR: Th e government unveiled an additional RM10 billion assistance package targeted at help-ing small and medium enterprises (SMEs) aff ected by the movement control order (MCO) and the Cov-id-19 pandemic.

The additional stimulus pack-age includes expanded employees’ subsidies, a special grant for micro SMEs, waiver of interest rates for the Micro Credit Scheme and a levy cut on foreign workers.

Th e government also announced a rental exemption or discounts for SMEs operating on premises owned by government-linked companies, and tax breaks for landlords that give rental discounts or exemptions.

Th is comes on the heels of SMEs, large-scale manufacturers and cham-bers of commerce voicing concerns that the initial Prihatin Rakyat Eco-nomic Stimulus Package was too centred on salaried workers and the low-income group, while not enough was being done for the business com-munity.

In response to the newly an-nounced stimulus, the Federation of Malaysian Manufacturers (FMM) lauded the government’s move to help alleviate the wage cost burden for SMEs and allowing for leniency for businesses to negotiate on em-ployment terms, as well as support-ive measures introduced for micro enterprises.

Despite this, the FMM, in a state-ment, said it will still appeal to the

'Less red tape crucial to ensure all benefi t from stimulus package'BY L A I Y I N G Y I government to remove the wage

subsidy qualifi cation conditions in-cluding a 50% reduction in revenue and a RM4,000 wage ceiling subsidy, since many companies are unable to fi nalise their fi nancial accounts for March 2020 due to the MCO.

In addition, it pointed out the condition for employers to retain their workers for the next six months would be a challenge, in view that there is still much uncertainty of the continued viability of businesses.

On the RM5 billion Special Re-lief Facility for SMEs, the federation calls for a reduction in interest rates from 3.5% to 2%, and lessen lending conditions including the collateral requirement.

It also calls for less bureaucrat-ic red tape involved in accessing the facility including the supporting documents required and conditions attached.

Th e FMM calls for a waiver of in-terest for the six-month moratorium as well, and for it to be extended to trade facilities, overdrafts and leas-ing, as well as a total suspension of levy payment for foreign workers for a year starting April 2020.

It appeals to the government to regularly review the stimulus pack-age, and assist large corporations as SMEs are dependent on them in the overall business eco-system.

Meanwhile, SME Association of Malaysia national president Datuk Michael Kang said: “We welcome the government’s quick and responsive move [and] this shows the govern-ment is willing to listen and engage

KUALA LUMPUR: Th e government yesterday announced an additional RM10 billion assistance package targeted at helping small and me-dium enterprises (SMEs) aff ected by the movement control order (MCO) and Covid-19 pandemic.

Here are the measures an-nounced by Prime Minister Tan Sri Muhyiddin Yassin in a televised speech:

1. Expanded subsidies for SMEs with employees earning RM4,000 and belowCompanies benefi ting from this subsidy will have to retain employ-ees for six months — during the three-month period they receive the subsidy and three months after receiving the subsidy.• RM600 per employee for com-

panies with more than 200 em-ployees.

• RM800 per employee for com-

panies with 76 to 200 employees.• RM1,200 per employee for com-

panies with up to 75 employees.

2. Special PRIHATIN grant total-ling RM2.1 billion for all eligible micro SMEsAll eligible micro SMEs are entitled to a special grant of RM3,000. Th ey must register with the Inland Rev-enue Board (IRB) for this benefi t.

3. Abolishing interest rates for the Micro Credit Scheme under Bank Simpanan Nasional (BSN)Th e scheme has also been extended to TEKUN Nasional with a maxi-mum limit of RM10,000 for each company at an interest rate of 0%. A sum of RM200 million has been allocated for this purpose.

4. Rental exemption or discounts for SMEs operating on premis-es owned by government-linked companiesMajlis Amanah Rakyat, Petroliam Nasional Bhd, Permodalan Nasion-

by 25% for SMEs with employee permits expiring between April 1 and Dec 31, 2020Th e levy is not applicable to house-maids.

7. A moratorium of 30 days for the submission of statutory docu-ments by SMEs to the Companies Commission of Malaysia (CCM).

8. An extension of deadline for the submission of fi nancial statements to three months after the end of the MCOTh is only applies to companies with fi nancial years ended Sept 30 to Dec 31, 2019. Companies must apply with the CCM for the extension, with no late fees imposed.

9. Application of loans via the Im-SME.com.my portalThe portal, operated by Credit Guarantee Corp with the support of Bank Negara Malaysia, also of-fers the MyKNP service, providing SMEs with funding advice.

al Bhd, PLUS and UDA Holdings Bhd, along with several companies linked to state governments, have agreed to give discounts or a rental exemption for SMEs.

5. Tax breaks for landlords that give rental discounts or exemp-tions to SMEs

Th ese landlords will be given addi-tional tax breaks equivalent to the amount of rental that has been re-duced for April to June 2020. How-ever, the landlords will have to give at least a 30% rental discount to be eligible.

6. Lowering foreign worker levy

On the RM5 billion Special Relief Facility for SMEs, the FMM calls for a reduction in interest rates from 3.5% to 2%, and easing lending conditions including the collateral requirement. Photo by Patrick Goh

In particular, for service-oriented industries, such as property manage-ment that have seen a dramatic drop in revenue and miserable collection rates, are crying for the government to consider measures such as mora-torium on statutory taxes that would ease cashfl ow problem.

Adzam shared that his property management company saw its reve-nue dropping by half, wherein actual rental collection rates were less than 70%, and facing with more instances of deferred rental payment.

“We still [have to] pay the monthly statutory income taxes to the tax au-thorities based on the income projec-tions made at earlier stages that are deemed irrelevant now; this for us is considered a major fi xed expense and might be very helpful if we can obtain certain relief out of it.”

Adzam pointed out the MCO, al-though deemed necessary for health containment measures, has seriously damaged the property industry as more retailers begin to fall out.

He added once the MCO is lifted, the industry will require some time to recover as people will be having health hazard concerns, and busi-nesses entailing human interaction such as hairdressing may still be dampened for a period, which may have ripple eff ects for landlords.

During this predicament period, Adzam viewed that major landlords and real estate investment trusts with deep pockets are more able to weather the storm, but small land-lords may still need certain forms of assistance.

with us. However, moving forward, we hope the authorities will help fa-cilitate the execution by being more lenient in the terms [and conditions] of the relief measures.

“If SMEs fi nd too many hassles in accessing the relief measures, and not getting the appropriate assistance in [good] time, they might instead opt for shutting down [their businesses]. Th is will have serious implications towards employment and create so-cial problems,” Kang added.

Notwithstanding, Kang viewed the additional relief package as rel-evant in helping employers retain headcount, and that it is now SMEs’ own initiatives to manoeuvre through this hardship.

Singapore Institute of Foreign Af-fairs senior fellow Dr Oh Ei Sun con-curred that bureaucratic processes to reach the stimulus measures need to be kept minimal to be eff ective.

“It is helpful that the government is reacting to the public’s feedback and come with the supplementary package, however SMEs are currently facing structural demand disruptions with no customers, the reliefs need to be accessible and confusions need to kept at bay.”

Oh believes that it will be accom-modative towards businesses, if the government could consider delay-ing statutory income tax payments, or utilising more of its reserves to implement greater macro stimulus such as infrastructure packages with a high multiplier eff ect and increase subsidies in diff erent phases.

However, Adzman Shah, who runs property consultancy ExaStrata Solutions, opined that the add-on stimulus package is centric towards job retention and not comprehensive enough to cover some stakeholders facing diffi culties.

Muhyiddin: All eligible micro SMEs are entitled to a special grant of RM3,000. These companies must register with the IRB to enjoy this benefi t. Photo by Reuters

4 H O M E B U S I N E S S TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

MoH continues to focus on Covid-19 screening for high-risk groups

Number of patients cured of Covid-19 exceeds new infectionsTh ere were 131 new confi rmed cases as at noon yesterday, fewer than 179 reported on Sunday

BY E M I R Z A I N U L

BY S YA F I Q A H S A L I M

Source: Ministry of health

2020

3,793

Jan

25

Mar

ch 4

Apr

6

Mar

ch 1

8

Malaysia’s Covid-19 positive case tally

0

50

100

150

200

250

0

760

1520

2280

3040

3800Number of new casesTotal number of positive cases

MCO period

131

Covid-19 outbreak

confirmed cases

3,793Malaysia

(UPDATED 5.40PM, APRIL 6, 2020)

1,241 cured

62 deaths

KUALA LUMPUR: For the fi rst time ever, the number of cured Cov-id-19 cases in Malaysia exceeded new infections.

Th e ministry of health (MoH) announced 131 new confirmed Covid-19 cases as at noon yester-day, raising the tally to 3,793 cases.

Th is is 48 fewer cases than the 179 reported on Sunday.

Meanwhile, 236 patients have recovered and were discharged yesterday, bringing the total num-ber of cured cases to 1,241, or 32.72% of overall Covid-19 cases in Malaysia, said the MoH.

Yesterday’s number of cured patients set a new record — the previous was 122 reported last Th ursday, in the initial part of the movement control order’s second phase.

Health director-general Datuk Dr Noor Hisham Abdullah said in a statement that 102 patients are currently being treated in the in-tensive care unit with 54 requiring respiratory assistance.

The country’s death toll in-creased to 62 after one more fatali-ty was recorded yesterday, bringing the mortality rate to 1.63%.

Th e deceased was a 67-year-old man who had close contact with several Covid-19 patients related to the Sri Petaling tabligh cluster.

He also suff ered from diabetes and high blood pressure.

Th e man was admitted to Sul-tanah Zahirah Hospital in Tereng-ganu on March 29 and passed away at 10.22am yesterday.

A total of 55,566 individuals have been tested for Covid-19 in-fections, of whom 8,109 are cur-rently awaiting results while 43,664 are confi rmed negative.

Selangor remains the state with the highest number of cases at 970,

followed by Kuala Lumpur (640), Johor (468), and Sabah (240).

As of yesterday, Lembah Pan-tai continues to have the highest number of cases in the country with 376 cases, representing slight-ly over 10% of Malaysia’s overall confirmed Covid-19 infections, followed by Hulu Langat in Sel-angor with 318 cases.

The number of red zones — which are health districts that have logged over 40 cases of Covid-19 — rose to 18 yesterday, after Cheras recorded 44 cases, turning all of Kuala Lumpur into a red zone.

In Peninsular Malaysia, the oth-er notable red zones are Petaling with 292 cases, Seremban (156), Kluang (147), Johor Baru (139), Kepong (112), Klang (109), Gom-bak (100), Titiwangsa (90), Kinta

(84), Kota Bharu (82) and Hilir Perak (65).

In East Malaysia, Kuching has recorded 165 cases, while Tawau has 67 cases.

Th e MoH also announced that it will be conducting clinical trials on four treatment protocols as part of an international eff ort organised by the World Health Organization to collect reliable data and com-pare the safety and eff ectiveness of four treatment protocols using diff erent combinations of the drugs Remdesivir, Lopinavir/Ritonavir, Interferon beta, Chloroquine and Hydroxychloroquine.

Globally, the number of Cov-id-19 infections soared to 1.29

million cases, with 70,457 deaths recorded.

The US is leading the world with 337,646 number of con-firmed infections, followed by Spain (135,032), Italy (128,948), Germany (100,132) and France (93,780).

Malaysia is currently the fi fth Asian country with the highest number of confirmed Covid-19 cases after China (81,708), Iran (60,500), South Korea (10,284) and Israel (8,611).

KUALA LUMPUR: Given the lim-ited resources in the country, the ministry of health (MoH) will con-tinue to prioritise testing for the infection of Covid-19 in high-risk groups, said its director-general Datuk Dr Noor Hisham Abdullah.

Noor Hisham said the groups referred to the main cluster of in-fections such as the tabligh as-sembly in Seri Petaling, the church event in Kuching, a wedding in Bandar Baru Bangi, as well as Ma-laysians returning from overseas.

He said the MoH’s current strat-egy is to implement mass testing on these high-risk groups.

“Instead of looking into mass

testing for the public, we are look-ing into these focus groups — the high-risk groups. We are targeting them fi rst because we realise that if we want to optimise the limited resources that we have, it’s best that we target the high-risk groups across the country,” he told a press conference yesterday.

For instance, on the tabligh as-sembly cluster, Noor Hisham noted that 18,310 samples have been tak-en, with 1,624 coming back positive and 11,708 negative, while 4,978 are still pending their results.

He noted that the ministry has yet to achieve its target of pro-cessing 16,500 samples a day for Covid-19.

Laboratories (labs) across the

country are now processing a cu-mulative 11,500 tests per day.

Noor Hisham added that the number of tests per day may be further increased with the pro-curement of rapid test kits.

However, the ministry has yet to find rapid test kits that meet the standard of accuracy within 75%-80%.

“We are still waiting for the lab-oratories to increase their capac-ities, but more importantly we are exploring new methods, such as one in which samples can be directly tested on-site instead of having to be sent to the labs.

“For now, we will attempt to reach the target of 16,500 tests daily, but with the rapid testing

kits, which are hopefully reliable and accurate, we would be able to increase the number of tests to over 20,000,” he said.

He said that it would also be ideal to fi nd a test kit with a short turnaround time, which can de-termine a person’s infection sta-tus within 30 minutes to an hour.

In terms of laboratory capac-ity, he said that most of the new labs set up to cater to the increas-ing need for testing are still going through their nascent phase.

“We have the labs, but we have not pushed the capacity up yet. For the last few days, it was actually just teething problems. For ex-ample, the 14 new labs have only started with 380 tests samples.

So, that is just the beginning for them to warm up before they can actually increase the capacity to maybe 200 a day.

“In terms of capacity, we will need to share across public and private sectors, as well as the uni-versities, to work together with the ministry as one,” he added.

Noor Hisham noted that Malay-sia started off with 23 labs that are able to test for Covid-19.

Now there are 43 labs with five more being set up. These labs in-clude the ones under the MoH, public and private universities, the Malaysian Armed Forces, the ministry of science, technology and innovation, as well as pri-vately-owned labs.

Covid-19: New vs cured cases (Daily)

Daily infections

Daily recoveries

0

50

100

150

200

250

Jan25

March4

March18

Daily recoveries

236

Apr6

131

Covid-19: New vs cured cases

Total number ofpositive cases

Total number ofrecovered cases

0

760

1520

2280

3040

3800

Jan25

March4

March18

Total number of recovered cases

1,241

Apr6

3,793

MCO period

Tight control to prevent movements in the city. Photo by Suhaimi Yusuf


FMM wants total suspension of foreign worker levySoh also calls for further interest rate cuts for the RM5b special relief facility for SMEs

BY S YA H I R A H S Y E D J A A FA R

BY S YA H I R A H S Y E D J A A FA R

KUALA LUMPUR: Th e Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has thanked the government for con-sidering some of its requests in the RM10 billion stimulus package an-nounced yesterday for small and medium enterprises (SMEs).

“We are pleased that the pack-age has taken care of the plight of microbusinesses (about 700,000) through special grants and zero in-terest rate soft loans to help them through this tough time.

“It is vital to safeguard SMEs against businesses’ closures and bankruptcies as this will result in massive retrenchments and the loss of income for workers as well as be detrimental to the economy,” ACC-CIM president Tan Sri Ter Leong Yap (pic) said in a statement.

ACCCIM lauds government’s additional allocation to SMEs

KUALA LUMPUR: Petroliam National Bhd’s (Petronas) subsidiary Progress Resources USA Ltd (PRUL), together with its partners, have announced an oil discovery in the Monument exploration well, located off the US Gulf of Mexico.

Th e new discovery marks a sig-nifi cant milestone for Petronas in strengthening and developing its

ventures in the Americas as it di-versifi es and expands its oil and gas (O&G) business portfolio, Petronas said in a statement yesterday.

Th e ultra-deepwater Monument exploration well was drilled to a to-tal depth of 10,164m and encoun-tered approximately 60m of net oil-bearing sand in the lower Wilcox of Paleogene sandstone.

With the discovery, further ap-praisal works are required to de-termine the full potential of the oil accumulation, it said.

Petronas executive vice-president/chief executive offi cer of upstream business Adif Zulkifl i said the discov-ery is an encouraging development as the company continues to pursue opportunities beyond Malaysia, in line

with Petronas’ three-pronged growth strategy to expand its core O&G busi-ness by growing its resource base. “Th is is the company’s fi rst entry and discovery into O&G operations in the US Gulf of Mexico.

“We will continue to explore op-portunities in the Americas region and strengthen the sustainability of our global portfolio,” he said. — Bernama

BY J U S T I N L I M

KUALA LUMPUR: Permaju In-dustries Bhd is looking into bot-tling and distributing a Hong Kong firm’s sanitiser product for the Southeast Asian market.

Th e product, Penaclo, is one of the few solutions that have successfully been tested to work against the Covid-19 virus in the world, Permaju said in a fi ling with Bursa Malaysia.

The group said its whol-ly-owned subsidiary Team Japs Sdn Bhd had entered into a collab-oration agreement with Pentaweft Biotech Ltd to study the feasibility of making and distributing Pena-clo in Southeast Asian countries, including Malaysia, Indonesia, Singapore, Vietnam, Thailand and the Philippines.

Th e fi rst batch of the Penaclo solution will be aimed at the per-sonal precautionary market. Th e parties will then develop other Penaclo solutions aimed at sani-tising high-risk areas such as hos-pitals, offi ces, restaurants, schools and public transportation.

“With over one million people now infected with the global pan-demic, and the rest of the world panicking, the quick roll-out of this solution is key to alleviating and containing the further spread of the pandemic,” Permaju said in a separate statement.

Pentaweft Biotech is the sales and manufacturing arm of the Pentaweft group of companies that is engaged in the biotech-nology industry and focuses on the development and commer-cialisation of various medical products and medicines.

Pentaweft said the Penaclo solution is in the process of pat-enting in China and other coun-tries. It claimed that the solution had been tested by a leading key respiratory disease research insti-tute in China and found to be ef-fective in eradicating over 99.95% of the Covid-19 virus within the fi rst 30 seconds of application.

It added that the Penaclo solu-tion had also been shown to have a low toxicity rate and is safe for use on Vero E6 cells.

Permaju’s share price closed three sen or 3.64% lower at 79.5 sen yesterday, valuing it at RM155.77 million.

KUALA LUMPUR: Th e Federation of Malaysian Manufacturers (FMM) has hailed the government’s addi-tional allocation towards assist-ing small and medium enterprises (SMEs), but wants a total suspen-sion of the foreign worker levy in-stead of a 25% cut.

Prime Minister Tan Sri Muhyid-din Yassin announced an additional allocation of RM10 billion for SMEs in the Prihatin economic stimulus package yesterday.

Th is includes a 25% reduction in foreign worker levy from April to De-cember 2020. Th e FMM said in allevi-ating the cost burden on employers, especially those that employ foreign workers, the announcement is wel-comed.

“However, given the impact of the levy expenses on overall employment costs, the FMM hopes there could be a total suspension of levy payment for a period of one year starting from April 2020,” FMM president Tan Sri

Soh Th ian Lai said in a statement.Soh also commended the govern-

ment’s addition of RM7.9 billion to-wards the wage subsidy programme, which now stands at a total of RM13.8 billion, and said it exceeds the FMM’s proposed RM12 billion fi gure.

However, he pleaded for the government to remove the con-dition for companies to report a 50% reduction in revenue in order to qualify for the wage subsidy,

as well as for its employees to earn below RM4,000.

“We continue to appeal to the gov-ernment to remove this condition in view of many companies that have yet to fi nalise their fi nancial accounts for March 2020,” he said.

Furthermore, he said the condition for employers to retain their workers for the next six months would be a challenge in view of uncertainties over the continued viability of businesses

M’sians working in S’pore need Covid-19-free status to return home

Permaju Industries inks deal to bottle HK fi rm’s anti-virus sanitiser

in this unprecedented situation.Soh said the government should

review the stimulus package from time to time to also assist large corporations as SMEs are depend-ent on them as part of the overall business ecosystem.

“Th e FMM would like to reiterate the following recommendations, which have been in our various sub-missions to the government, and hopes to get the urgent attention on these areas: A waiver of inter-est for a moratorium period of six months. [And for the] moratorium to be extended to trade facilities, overdrafts and leasing,” Soh said.

He also called for the govern-ment to further reduce interest rates for the RM5 billion special relief facility for SMEs from 3.5% to 2%, lessen lending conditions including collateral requirements as well as reduce the bureaucratic red tape involved in accessing the facility, including the supporting documents required and condi-tions attached.

Th e revised wage subsidy of RM600, RM800 and RM1,200 per month per employee (depending on the size of business operations from April to June) costing RM13.8 billion, and which will benefi t 4.8 million employ-ees, certainly provides a timely fi nan-cial relief to businesses, Ter added.

“We are relieved that the gov-ernment has agreed to encourage mutual discussions between em-

ployers and employees pertaining to terms and conditions, including the options of a pay cut and no pay leave during the MCO (movement control order) period. It gives em-ployers fl exibility to engage with employees in coping with this tur-bulent time,” he said.

Ter, who is also the president of the National Chamber of Com-merce and Industry of Malaysia, said the ACCCIM will continue to work with the government to pro-tect public health and the economy during the period of the Covid-19 pandemic.

“We strongly believe that the government would continue to en-gage with businesses, to review pol-icy actions from time to time and make pragmatic decisions, taking into account the evolving devel-opments concerning the economy and businesses,” said Ter.

PUTRAJAYA: Malaysians work-ing in Singapore will only be allowed to return home after being certifi ed free of Covid-19 by the Singapore government, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.

He said this was part of the agreement reached earlier be-tween the two countries, which requires Malaysians working in the republic to pass health screening before they are allowed to return.

“Th ere are some changes to the agreement whereby the work-ing group involving the human resources ministry will discuss certain new terms. Th e foreign ministry will announce it tomor-row (today).

“For now, we do not allow our citizens to enter (return to) our country,” he told a press con-ference after a special Cabinet meeting here yesterday.

He said this when comment-ing on media reports that Malay-sian workers in Singapore were expected to make their way back beginning yesterday, including on foot via the Johor-Singapore Causeway, following Singapore’s imposition of stricter measures like closing schools and non-es-sential businesses to stem the spread of the Covid-19 pandem-ic. — Bernama


Soh says the government should review the stimulus package from time to time to also assist large corporations as SMEs are dependent on them as part of the overall business ecosystem. The Edge fi le photo

THE EDGE FILE PHOTO

6 H O M E B U S I N E S S TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

Palm oil supply-demand tightness to remainAnalysts say expected lower output off sets reduced demand

KUALA LUMPUR: Pelabu-ran Hartanah Bhd (PHB) and Maybank Asset Management Sdn Bhd announced the interim income distribution of Amanah Hartanah Bumiputera (AHB) at 2.6 sen a unit for the fi rst 500,000 units held by unitholders during the six months ended March 31.

PHB is the sponsor, while Maybank Asset Management is the fund manager, for AHB, a syariah-compliant real es-tate-backed trust fund with a fi xed-price of RM1 a unit.

In a joint statement yester-day, PHB and Maybank Asset Management said the distri-bution consists of a basic in-come distribution of 2.3 sen a unit and a bonus payout of 0.3 sen a unit.

“The bonus distribution is contributed by PHB as the spon-sor of AHB,” PHB and Maybank Asset Management said.

“For institutional unithold-ers holding more than 500,000 units, the excess units will only be eligible for the basic income distribution of 2.3 sen a unit.

As such, the interim income distribution for institutional unitholders will range between 2.3 sen a unit and 2.6 sen a unit, depending on the number of units held.

Th e income distribution will benefi t about 75,000 bumiput-era unitholders as well as 14 bumiputera institutions.

“Th e interim income distri-bution of AHB is tax-exempted and payable net of zakat, which will be credited directly into the unitholder’s bank account on April 14. For Employees Prov-ident Fund (EPF) Members Investment scheme, it will be credited into Account 1 of the EPF,” PHB and Maybank Asset Management said.

On issues relating to the Cov-id-19 pandemic and the move-ment control order, PHB man-aging director Datuk Mahmud Fauzi Muda said in the statement that the company was fi nalising a rental relief programme to as-sist aff ected retail tenants at their malls as well as other buildings.

Amanah Hartanah Bumiputera to pay interim income

BY A R J U N A C H A N D R A N S H A N K A R

BY A R J U N A C H A N D R A N S H A N K A R

BY YA S M I N S YA Z W I N A

KUALA LUMPUR: Palm oil supply and demand are expected to re-main tight in the near term as the expected fall in demand amid the Covid-19 crisis will be accompa-nied by a fall in output, say analysts.

“Th e weak demand is partially off set by tighter supply prospects as some of the soybean and palm oil operations [in Brazil, Argentina and Malaysia] have been reportedly impacted by movement controls,” said CGS-CIMB in a research note.

Findings from a survey of palm oil areas by the CGS-CIMB Futures team revealed that Malaysia’s palm oil output probably grew 1.3% month-on-month (m-o-m) and -22% year-on-year (y-o-y) to 1.31 million tonnes in March.

Malaysia’s palm oil inventory, meanwhile, fell 1% m-o-m and 43% y-o-y to 1.67 million tonnes in March, the lowest since June 2017.

“Th is marks the sixth consec-utive m-o-m decline in palm oil stocks. Over the past 10 years, the Malaysian palm oil inventory fell by 2% m-o-m on average in the month of March,” said CGS-CIMB analyst Ivy Ng.

Ng said the closure of six high-production output districts in Sabah due to the movement control order (MCO) would have a signifi cant impact on April’s crude palm oil (CPO) output from Sabah, which accounts for 25% of Malay-sia’s palm oil output.

She forecast CPO output for April to decline by 22% y-o-y due to MCO disruption in estates, on top of insuffi cient fertilising and ageing estate issues.

Additionally, the research house is likely to cut its 2020 CPO output projection of 19.6 million tonnes by 1.1% should the Sabah government reject appeals by planters to contin-ue harvesting activities in estates.

Th e weak demand is partially off set by tighter supply prospects as movement controls have been

implemented in some countries that concentrate on either soy or palm oil, it said.

As such, CGS-CIMB projected CPO prices to come in at RM2,100 to RM2,500 per tonne in April. For the entire 2020, a price forecast of RM2,300 is achievable as prices av-eraged around RM2,703 per tonne during the fi rst quarter of the year.

PublicInvest Research shared in a note yesterday that the delay in harvesting will result in the rotting of fresh fruit bunches (FFB).

As such, a decline in FFB yield would manifest as overripe FFB will cause deteriorating oil quality with an increase in free fatty acids.

“Overripe FFB will also cause more than 50% of fruits detached, making more loose fruits scattered all over the estate,” said PublicIn-vest Research.

Th e research house opined that most plantation companies have exposure to Sabah given the fer-tile soil there.

Th is includes the big boys such as FGV Holdings Bhd, Hap Seng Plantations Holdings Bhd and Gen-

ting Plantations Bhd as well as Kua-la Lumpur-Kepong Bhd and IOI Corp Bhd.

In particular, Hap Seng Plan-tations and Kretam Holdings Bhd would be the most impacted given that almost all of their estates are in the aff ected areas of Kalabakan, Semporna, Kunak, Tawau, Lahad Datu and Kinabatangan.

Indeed, based on its 2018 annual report, Hap Seng Plantations has some 40,279ha of land in Sabah.

In the case of Kretam, the group has some 23,814.21ha in estates and refi nery land in the state, mainly concentrated in the areas subject to the Sabah government’s closure.

PublicInvest Research noted that only Sarawak Plantation Bhd and Ta Ann Holdings Bhd are not aff ected as they do not have any exposure to Sabah.

CGS-CIMB maintained its “add” call and target price of RM11.90 for Genting Plantations due to the company’s rich land bank and young estates, noting that it has one of the youngest estate age profiles among its big-

cap peers in Malaysia.At the same time, CGS-CIMB

noted that its “add” rating on Hap Seng Plantations is based on the company’s current implied low enterprise value per hectare of RM30,000 for its Roundtable on Sustainable Palm Oil-certifi ed con-tiguous estates in Sabah that are potentially attracting suitors, lead-ing to a share price rerating in the medium term.

Meanwhile, TA Securities said in a report for the second quarter of the year that it expects palm oil exports to pick up as Muslim coun-tries restock for Ramadan.

Th e research house added that as the Covid-19 pandemic wears off , the consumption of edible oils will resume, thus boosting palm oil demand and support CPO prices.

Moreover, downstream palm oil players would benefi t from low feedstock prices as well as cheaper input costs.

TA Securities added, however, that a prolonged Covid-19 crisis would dampen palm oil demand of major countries. Furthermore, a surge in palm oil’s premium vis-a-vis gas oil would make biodiesel unprofi table and thus see reduced biodiesel demand.

Kenanga Research highlighted that Malaysian palm oil exports to China have fallen by 17%, and until the virus truly dissipates, China’s palm oil demand is likely to remain subdued.

“At this stage, the possibility of pent-up demand arising from the consecutive low-buying months resulting in backloaded palm oil demand from China once Cov-id-19 infections dissipate appears faint,” it said in a note to investors last Th ursday.

China’s palm oil stocks in Feb-ruary stood at 1.05 million tonnes — the highest level since 2018 and on a year-to-date basis this year — insinuating the unlikelihood of large palm oil imports, at least for the next one to two months.

KUALA LUMPUR: Moody’s Inves-tors Service (MIS) has downgraded Sime Darby Plantation Bhd’s issuer rating to Baa2 from Baa1 previously on expectations of slower earnings growth and debt reduction.

In a note to investors, MIS said it had also downgraded the rat-ing of a US$1.5 billion (RM6.55 billion) senior unsecured me-dium-term note programme by Sime Darby Plantation’s whol-ly-owned subsidiary Sime Darby

Global Bhd to (P)Baa2 from (P)Baa1 and backed senior unse-cured debt rating on its sukuk to Baa2 from Baa1.

However, MIS revised its out-look for these ratings to stable from negative.

Moody’s assistant vice-presi-dent and analyst Maisam Hasnain said while Sime Darby Planta-tion expects to raise RM1 billion this year from asset sales, dispos-als would be challenging in light of the current financial market downturn.

He added that based on a me-dium-term price assumption of crude palm oil at RM2,100 a tonne, and its ability to raise about RM500 million from planned asset sales, MIS expects Sime Darby Planta-tion’s adjusted leverage to be re-duced to 3.7 times over the next 12 months from fi ve times as at December 2019, which would not support its previous Baa1 rating.

Th e new Baa2 rating, however, assumes that Sime Darby Planta-tion’s operations would not be ma-terially disrupted by Covid-19 as

its operations across Asia, Europe and Africa have not been material-ly impacted, save for a brief closure of its estates and mills in Sabah.

“However, given the uncertainty around the length or magnitude of the outbreak, we will continue to monitor for any potential disrup-tions to SDP’s operations and sup-ply chain which could further pres-sure its ratings,” added Hasnain.

For the next 12 to 15 months, Sime Darby Plantation’s liquidity is expected to be weak due to its cash balance as at Dec 31, 2019,

while its cash flow is expected to be insufficient to meet scheduled debt maturities, capital spending and dividends.

However, its refinancing risk is partly offset by its strong access to funding from domestic and international banks, particularly due to its shareholders Pemod-alan Nasional Bhd and the Em-ployees Provident Fund. Shares in Sime Darby Plantation closed 2.52% or 12 sen lower at RM4.65 yesterday, with a market capital-isation of RM32.01 billion.

Moody’s cuts Sime Darby Plantation rating

Filepic of a worker unloading palm oil fruit bunches from a lorry inside a palm oil mill in Bahau, Negeri Sembilan. A prolonged Covid-19 crisis would dampen palm oil demand of major countries, says TA Securities. Photo by Reuters


Never before a worldwide shutdown of all Genting group’s casinosGovernments across continents have implemented partial lockdowns to curb Covid-19

BY W O N G E E L I N

BY S U R I N M U R U G I A H

BY A D A M A Z I Z

BY J U S T I N L I M

KUALA LUMPUR: Th e government has revoked the permission given to breweries to operate during the movement control order (MCO) period, according to Federal Ter-ritories Minister Tan Sri Annuar Musa.

“[Th e permission] has been can-celled this (yesterday) morning, as it was not in line with the govern-ment’s policy,” Annuar Musa said in a tweet yesterday.

Yesterday, Heineken Malaysia Bhd issued a statement saying it received the government’s approv-al to resume limited operations with minimal essential workers during the MCO.

Th eedgemarkets.com has reached

Govt revokes permission for breweries to operate during MCO

out to Heineken for confi rmation.On other non-essential ser-

vices, Heineken was previously not allowed to operate during the phase one of the MCO from March 18 to 31.

Under phase two from April 1 to 14, a federal gazette signed by Health Minister Datuk Seri Dr Adham Baba underscored 10 es-sential services, from 22 previously — food, water, energy, communi-cations and the Internet, security and defence, solid waste and pub-lic cleansing management and sewerage, healthcare and medi-cal including dietary supplement, banking and fi nance, e-commerce, and logistics confi ned to providing essential services.

Heineken said it will ensure full

compliance with the government’s requirements and guidelines for the MCO period.

Th e brewer, on March 24, said it had suspended its brewery opera-tions in Petaling Jaya in line with the MCO and that its employees were working from home until March 31.

Heineken’s share price has re-bounded from its recent low of RM17.90 to RM21.46 yesterday. Still, it is down 30.8% from its peak of RM31.04 in February.

Its rival Carlsberg Brewery Ma-laysia Bhd has regained some lost ground from the low of RM17.88 last month to RM24.40 yester-day. The brewery has slid 37.3% from its record high of RM38.94 in February.

KUALA LUMPUR: Th e pace of for-eign net selling on Bursa Malaysia continued to slow down last week.

Foreign selling of local equities slowed to RM486 million, from RM631.9 in the prior week, accord-ing to MIDF Amanah Investment Bank Bhd Research.

Pace of foreign selling continues to ease — MIDF Research

In his weekly fund fl ow report yesterday, MIDF Research’s Adam M Rahim said compared to six oth-er Asian peers that MIDF Research monitors, Malaysia still has the third smallest foreign net outfl ow year to date (YTD).

Th e YTD foreign outfl ow from Malaysia came to RM8.12 billion.

On the region, he said foreign

investors marked their eighth straight net selling in Asian eq-uities.

“Based on the provisional ag-gregate data for seven Asian ex-changes that we track, investors classifi ed as ‘foreign’ sold US$3.26 billion net last week, slightly lower than US$3.43 billion disposed of in the preceding week,” he said.

KUALA LUMPUR: Th e hospital-ity business contributed 82% of Genting Bhd’s revenue for the last fi nancial year ended Dec 31, 2019 (FY19). However, this division has shut as governments across con-tinents are implementing partial lockdowns to curb Covid-19.

Th e latest being Resorts World Sentosa after the Singapore gov-ernment announced on Sunday that except those providing es-sential services, most businesses must cease operations from today to May 4, 2020. In short, there is zero income from all of its casinos.

It has been three weeks since the temporary closure of all oper-ations at Genting Malaysia Bhd’s Resorts World Genting (RWG) in Genting Highlands from March 18 following the movement control order (MCO), extended to April 14.

Th e closure includes its hotel and entertainment facilities, food and beverage (F&B) outlets, casi-no, Skytropolis Indoor Th eme Park, attractions, malls and retail outlets at RWG. A further extension of the

MCO remains to be seen.Genting Malaysia had then also

announced its Resorts World Ca-sino New York City’s temporary closure in the US, without speci-fying when the casino will reopen.

Likewise, the group’s casinos in the UK and Resorts World Bir-

mingham are temporarily closed, following the UK prime minister’s national address to limit the spread of Covid-19, until further notice.

At RWS, only selected F&B out-lets supporting residents’ daily needs will remain open for take-aways and deliveries, said RWS in

a statement yesterday.RWS is temporarily suspend-

ing all guest off erings including Universal Studios Singapore, SEA Aquarium, Adventure Cove Wa-terpark and Dolphin Island, and casino from today to May 4.

While the existing hotel guests

may continue to stay, RWS said all reservations for room stays from April 7 to May 4 will be cancelled and fully refunded.

“We will provide guests who purchased tickets for our attrac-tions and made reservations at our restaurants or hotel bookings with full support and assistance,” said RWS.

RWS said all team members’ jobs are unaff ected; they will still be employed during this period.

Genting Bhd’s share price went up 13 sen or 3.45% to RM3.90 yesterday, valuing the company at RM15.02 billion. Year to date (YTD), the counter has fallen some 34% from RM5.91.

Its home-based subsidiary Genting Malaysia closed higher at RM2.08, up fi ve sen or 2.46%, with a market capitalisation of RM11.76 billion. Th e stock has shed some 34.5% YTD from RM3.18.

Genting Singapore closed four sen or 6.15% higher at 69 Singapore cents (RM2.08), valuing it at S$8.33 billion. Th e casino resort operator’s share price has slid 25% YTD from 92 Singapore cents.

KUALA LUMPUR: Private equi-ty fi rm Creador Sdn Bhd is buy-ing into GHL Systems Bhd and Uzma Bhd.

A fi ling with Bursa Malaysia yesterday showed Parantaka Ltd, in which Creador has a deemed interest, on April 2 and 3 bought a total of 1.77 million shares or a 0.23% stake in GHL. Creador subsequently raised its stake to 12.83% or 96.1 million shares.

Creador has been accumulat-ing shares in the payment service provider and merchant acquirer since end-February.

To recap, Creador first emerged as a substantial share-holder of GHL on Feb 26 after acquiring some 46.18 million shares. Th is increased its shares to some 49.9 million or a 6.66% stake.

In March 2017, Creador exited GHL after disposing of its 28.3% stake to a global investment fi rm Actis Capital, which emerged as the new major shareholder of GHL after acquiring a 44.45% stake in GHL. Actis bought the stakes at RM1 per share — a 16% discount to GHL’s then price of RM1.19.

Since Creador’s exit at end-March 2017, GHL’s market cap-italisation has expanded 74% to RM1.2 billion.

The Edge Malaysia weekly, in its latest edition, quoted Cr-

Creador buys into GHL and Uzma

eador founder and chief execu-tive offi cer Brahmal Vasudevan as saying the equity fi rm did not buy GHL shares “cheap”.

“We paid an average of RM1.70 per share for our current share-holding in GHL today,” Brahmal told the weekly.

“We have invested RM170 million to acquire GHL shares. Th is is a reinvestment. We were investors from 2014 to 2017. What we see is the electronic payments industry continuing to explode since our exit and we want to be part of this con-tinued shift to digital from cash,” he said.

Brahmal also emerged as a substantial shareholder of Uzma on April 3, after acquiring some one million shares or a 0.3% stake on the open market.

According to a Bursa fi ling, he owns a direct interest of 3.91% or 12.5 million shares and an indirect interest of 1.25% or four million shares in the oil and gas company, emerging as its largest shareholder.

Uzma shares closed 10 sen or 19.23% higher at 62 sen yesterday, valuing the group at RM198.42 million. Year to date, the counter has fallen some 36.08% in line with the oil price crash.

GHL has escaped the equity rout, gaining some 19% during the same period. The counter settled one sen or 0.63% higher at RM1.61 yesterday.

People wearing masks seen leaving the casino at Resorts World Sentosa in Singapore. The Singapore government announced on Sunday that except those providing essential services, most businesses must cease operations from today to May 4. Photo by Reuters

8 P R O P E RT Y TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

Emaar slashes salaries by up to 50%Changes said to aff ect all of its Dubai businesses

SEB’s Swedish housing sentiment indicator plunges to -20 points

BY Z A I N A B FAT TA H , A R C H A N A

N A R AYA N A N & L AYA N O D E H

BY S I M O N J O H N S O N

DUBAI: Emaar Properties PJSC, Dubai’s largest publicly traded developer, has cut executive and staff salaries across its businesses as the Covid-19 pandemic halts projects and weighs on revenue from malls and hotels.

The changes took effect last Wednesday for all of Emaar’s Du-bai businesses and will continue until further notice, according to a letter sent by chairman Mohamed Alabbar to employees and seen by Bloomberg.

A representative for Emaar did not immediately respond to calls and an email seeking comment.

LONDON: Britains construction sector saw the sharpest fall in activity since the financial crisis last month, a survey showed yes-terday, despite facing much less pressure than other industries to shut down operations due to Covid-19.

Th e fi gures from fi nancial data provider IHS Markit and the Char-tered Institute of Procurement and Supply (CIPS) also confi rmed data last week that showed the British private sector as a whole was con-tracting at its fastest rate in more than 20 years.

The construction Purchasing Managers’ Index (PMI) tumbled to 39.3 in March from 52.6 in Febru-ary, its lowest since April 2009 and

STOCKHOLM: Swedes turned pessimistic about prospects for the housing market in April as the eff ects of Covid-19 hit em-ployment, with SEB’s sentiment indicator falling to -20 — a record drop for a single month — from 47 points in March.

Th e index measures the bal-ance between those who expect rising prices and those seeing fall-ing prices over the coming year.

“As yet we have not seen falling home prices in the fi gures, but this shows that it is what house-holds expect and to a certain ex-tent such expectations can been self-fulfi lling,” said SEB econo-mist Jens Magnusson.

Covid-19 and the measures taken by authorities around the world to contain its spread have hit economies hard.

Sweden’s government expects gross domestic product (GDP) will shrink 4% this year and, with unemployment set to rise, there are worries that many households will struggle to meet mortgage payments.

Sweden’s Financial Superviso-ry Authority (FSA) said last week it would suspend rules forcing banks to demand mortgage re-payments from borrowers.

Th e government had already

Emaar was up 4.7% as of 11.48am in Dubai. The stock is down 44% this year, exceeding the 38% decline of the Dubai Financial Market General Index. Emaar has the third-highest weighting in the 37-member index.

Emaar is among the develop-ers in the Middle East’s business and logistics hub being forced to rethink projects as the pandemic and the oil price collapse squeeze fi nances. Covid-19 is aggravating a long property slump in Dubai, where oversupply and economic uncertainty have pushed down prices for years.

Th e developer of the world’s tallest tower built a large port-folio of cash-generating assets

such as hotels and malls to carry it through tough times for property sales. Now that revenue is drying up as strict social distancing rules implemented to curb the virus’ spread close its malls and empty its hotels.

Emaar has already suspended the construction of parts of its Du-bai Creek Harbour project and said three of its listed companies will not pay dividend for 2019 in “view of the current circumstances”.

Meanwhile, Emaar has sold 80% of its Downtown Dubai dis-trict cooling business to Tabreed for US$675 million (RM2.95 bil-lion). Tabreed’s biggest sharehold-er is French utility Engie SA. — Bloomberg

‘UK’s March construction activity falls at fastest rate since 2009’BY D AV I D M I L L I K E N well below economists’ average

forecast of 44.Th e 13-point monthly fall was

the largest since the survey began in 1997, and the index looks likely to worsen.

“Th e sector is stuck in quick-sand and sinking further,” Duncan Brock, group director at CIPS, said.

Britain’s government has not re-quired general construction work to stop to slow the spread of Cov-id-19 — in contrast to its order for most shops and restaurants to close to the public, and for work-ers in other sectors to stay home if possible.

Nonetheless, IHS Markit said building companies reported stop-pages last month as they sought to comply with guidance to keep workers 2m apart where safe to

do so, as well as a big fall in new orders.

“Survey respondents widely commented on doubts about the feasibility of continuing with ex-isting projects as well as starting new work,” IHS Markit economist Tim Moore said.

“Construction supply chains instead are set to largely focus on the provision of essential activi-ties such as infrastructure main-tenance, safety-critical remedial work, and support for public servic-es in the weeks ahead,” he added.

Last week, IHS Markit’s compos-ite PMI for the manufacturing and service sectors fell to its lowest on record at 36 for March, and yester-day’s all-sector version including the construction industry was also a record low at 36.3. — Reuters

announced a raft of measures to head off mass lay-off s, but many fi rms have already sent workers home or put them on shorter working hours. Th e government has also eased rules on claiming benefi ts to soften the blow to in-dividuals.

Th e Swedish housing market barely reacted to the fi nancial cri-sis of 2008-2009 but has long been seen as the economy’s Achilles heel. Prices have shot up over the last two decades and debt levels in relation to GDP are among the highest in Europe.

In recent years, the FSA has tightened lending rules and hiked the buff ers banks need to hold against possible loan losses from the mortgage market, but con-cerns remain. — Reuters

Emaar is among the developers in the Middle East’s business and logistics hub being forced to rethink projects as the pandemic and the oil price collapse squeeze fi nances. Photo by Reuters

Construction workers operating at a building site in Hemel Hempstead, Britain on March 25. Britain’s government has not required general construction work to stop to slow the spread of Covid-19 — in contrast to its order for most shops and restaurants to close to the public, and for workers in other sectors to stay home if possible.

Filepic of residential buildings in the Eriksberg district of Gothenburg, Sweden. Property prices in Sweden have shot up over the last two decades and debt levels in relation to GDP are among the highest in Europe. Photo by Bloomberg

‘As yet we have not seen falling home

prices in the fi gures, but this shows that it is what households

expect and to a certain extent such

expectations can been self-fulfi lling.’

REUTERS

H O M E 9TUESDAY APRIL 7, 2020 • THEED G E FINANCIAL DAILY

Perak govt launches scheme to help farmers IPOH: Th e Perak government has launched its RM1 million AgroPrihatin Scheme to help farmers who are badly aff ect-ed by the implementation of the movement control order (MCO) following the spread of Covid-19. Menteri Besar Datuk Seri Ahmad Faizal Az-umu said under the scheme, the State Agricultural Devel-opment Corporation (PPPNP) would buy unsold agricultural produce to help alleviate the burden of farmers . “All pur-chases will be made in cash to enable capital liquidation for farmers registered with the State Agriculture Department , the Perak Federal Agricultural Marketing Authority and the PPPNP,” he said in his Face-book Live video yesterday. — Bernama

MCO compliance level at highest level in PenangGEORGE TOWN: Th e level of compliance among Penang folks with the movement control order (MCO) is now at 99.9% since its implemen-tation on March 18, said state Housing, Local Government, Town and Country Planning Committee chairman Jagdeep Singh Deo. He said both the Penang Island City Council (MBPP) and Seberang Perai City Council had reported that as of Sunday, the MCO compli-ance rate was at 99% and 99.9% respectively. He said this at a live media conference broad-cast via the MBPP’s Facebook page here yesterday. — Ber-nama

Do not challenge frontlners — Cuepacs KUALA LUMPUR: Cuepacs, the umbrella group of civil ser-vice unions, has called on the public to cooperate with all government front-line per-sonnel in eff orts to curb the spread of Covid-19, and not to provoke or challenge them in any manner. Its president Adnan Mat in a statement yesterday said the congress had received complaints that there were still certain quarters who disobeyed orders under the movement control order, speaking harshly with law en-forcement personnel,” he said. — Bernama

Second Infantry Brigade produces ‘virus buster’IPOH: Th e Second Infantry Bri-gade headquarters has devel-oped a disinfection machine for use by members of the armed forces in “Ops Penawar” con-ducted during the movement control order to break the chain of Covid-19 infections. Its com-mander, Brigadier General Mal-ek Razak Sulaiman, said the machine, known as a “virus buster” and functions as a dis-infection tunnel, was built at a cost of RM4,000. He said this to reporters after a demonstration of the use of the machine here yesterday. — Bernama

I N BR I E FFast-track MCO casesChief judges direct courts to hear appeals or revisions of sentencing quickly

KUALA LUMPUR: Actions tak-en by the Royal Malaysia Police (PDRM) to enforce the move-ment control order (MCO) for the Covid-19 pandemic will be documented for future refer-ence, said Inspector-General of Police Tan Sri Abdul Hamid Bador. He said this would pro-vide the future generation of the force with a template or mod-el on action to be taken when faced with a similar situation.

“We do not know, may be in another 20 years there will another virus. Th e model is al-ready there, so they can just implement it without wasting any time,” he told Bernama in Bukit Aman here.

He said the standard operat-ing procedure (SOP) used in the fi ght against Covid-19, includ-ing enforcement of the MCO, had been proven to be eff ective.

“The effectiveness [of the SOP] is achieved within a short time and there are many things we (PDRM) learn from this cri-sis,” he added.

On the public’s contribution of food for security members manning roadblocks during the MCO, Abdul Hamid said the po-lice force thanked them for their generosity, but suggested that the food be given to the needy.

“PDRM is provided food al-location.

“If possible, send it (the food) to the Social Welfare Depart-ment for distribution to the needy,” he added.

Abdul Hamid said the pub-lic are also encouraged to channel their aid to the Cov-id-19 fund.

He advised members of the police force to remain patient in discharging their duties during the MCO. — Bernama

Police to document actions taken in Covid-19 fi ght

BY H A F I Z YAT I M

BY S YA F I Q A H S A L I M

BY N U R A S H I K I N A B D U L A Z I Z

PUTRAJAYA: High Courts around the country have been directed to expedite the hearing of appeals or revision of movement control order (MCO) cases.

Th e directive was made by Chief Judge of Malaya (CJM) Justice Tan Sri Azahar Mohamed and Chief Judge of Sabah and Sarawak (CJSS) Justice Da-tuk Abang Iskandar Abang Hashim in an internal memo issued by Chief Registrar of the Federal Court Ahmad Terrirudin Mohd Salleh.

Th e internal memo is directed at High Court deputies and senior registrars nationwide.

“I am directed by the CJM and CJSS that if there are any parties who are aggrieved at the courts over the off ences involving [the] MCO and had fi led a review or crimi-nal appeals, your cooperation is needed to bring the attention of the honourable High Court judges to conduct the hearing date as soon as possible.

“Th e hearing of the review or appeals are to be done in open court,” the internal circular by Ah-mad Terrirudin said.

Th ere have been hundreds of MCO offenders who had been charged in lower courts — mag-istrates’ or Sessions courts nation-

wide — since the order was imple-mented on March 18 following the Covid-19 pandemic, which had seen 3,793 cases and 62 deaths in Malaysia as of yesterday.

Some had been fi ned, while some were given jail sentences.

It was reported over the week-end that Prisons Department di-rector-general Datuk Seri Zulkifl i Omar’s letter dated April 2 pro-posed that off enders of the MCO be sentenced to community ser-vice instead of jail, and Chief Jus-tice Tan Sri Tengku Maimun Tuan Mat wanted courts nationwide to consider the risk of the spread of Covid-19 to prisons.

“Th e chief registrar’s offi ce con-fi rmed receiving the letter from the Prisons director-general.

“On directions by the CJ, this offi ce had advised judicial offi cers that while they consider the pro-visions of the law in sentencing, they should also consider the risk of the spread of Covid-19 to pris-ons in passing sentences on MCO off enders,” a statement from the chief registrar’s offi ce said.

Th ere have been calls by law-yers for the court and authorities to grant bail or non-custodial sen-tences to MCO off enders in a bid to prevent the spread of Covid-19 in prisons.

KUALA LUMPUR: Th e health min-istry has fast-tracked the process of implementing drug trials to treat Covid-19 patients, said health direc-tor-general Datuk Dr Noor Hisham Abdullah.

In a statement, he said the nine hospitals that will be involved in the trials are Tuanku Fauziah Hospital in Perlis, Sultanah Bahiyah Hospital in Kedah, Pulau Pinang Hospital, Sun-gai Buloh Hospital in Selangor, Kuala Lumpur Hospital, Melaka Hospital, Tengku Ampuan Afzan Hospital in Pahang, Sarawak General Hospi-tal and Queen Elizabeth Hospital in Sabah.

Dr Chow Ting Soo, an infectious disease (ID) consultant at Pulau Pinang Hospital, will lead a team of 16 ID physicians and pharmacists to conduct the trials at the respec-tive hospitals.

Th e drug trials are an unprec-edented international effort co-ordinated by the World Health Organization (WHO) which aims to collect reliable data and com-pare the safety and eff ectiveness of four treatment protocols using diff erent combinations of the drugs Remdesivir, Lopinavir/Ritonavir, Interferon beta, Chloroquine and Hydroxychloroquine.

“Malaysia’s participation in the worldwide trials could help fi nd life-saving medicines for Covid-19 through evaluating their safety and eff ectiveness,” said Noor Hisham, adding that the Institute for Clini-cal Research and Clinical Research Malaysia will facilitate the imple-mentation of the trials.

Noor Hisham also gave his assur-ance that the trials will adhere to all safety standards set by the National Pharmaceutical Regulatory Agency.

Th e WHO’s head of mission and representative to Malaysia, Brunei and Singapore, Dr Ying-Ru Lo said one of the medicines listed could be the best hope for treating Covid-19 patients. “Th is is our chance, as a global community, to turn the tide against the pandemic.

“Malaysia will be a valued part-ner in the trials to evaluate potential treatments that are more eff ective, and to save lives in the global battle to fi ght this virus,” she said.

Health ministry joins global drug trials for Covid-19 treatment

Noor Hisham: Malaysia’s participation in the worldwide trials could help fi nd life-saving medicines for Covid-19 through evaluating their safty and eff ectiveness. Photo by Shahrin Yahya

KUALA LUMPUR: Th e Malaysian Students’ Council of Australia (MASCA) is deeply disheartened that Australian Prime Minister Scott Morrison had asked international students to return to their home countries during the Covid-19 pan-demic if they cannot support them-selves fi nancially.

MASCA national chairperson

Zayana Zaikariah said the remark which came last Friday demon-strates that the Australian govern-ment does not understand the sit-uation many students are facing during this challenging period.

“Although the Australian gov-ernment has provided some sup-port, it isn’t enough during these unprecedented times,” the Aus-tralian National University student told Bernama.

According to ABC News, Mor-rison told visitor visa holders and international students the time has come to return to their home countries if they cannot support themselves.

Zayana said as international students collectively contribute more than A$30 billion (RM79.56 billion) to the Australian economy, they should not be sidelined during such a crisis. — Bernama

Aussie PM’s ‘go home’ comment upsetting — student council

1 0 B R O K E R S’ C A L L TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

Temporary closure of Genting ops seen to impact gaming sector

Banking sectorMaintain underweight: Th ough the Malaysian banking sector is still backed by resilient and strong fundamentals such as a high capital buff er of RM121 bil-lion or 7.38% of risk-weighted assets (RWA), ample liquidity, a manageable gross impaired loan ratio and a healthy loan loss cover, the sector is facing more headwinds given a recession-ary environment in 2020, with the risk of contraction in credit growth and a deteriorating asset quality as default rates may rise after the six-month moratorium expires.

In addition, a few key banks’ exposure to the oil and gas (O&G) sector may pose downside risks as the oil price stays low. We are forecasting a 20.6% year-on-year (y-o-y) decline in the 2020 sector earnings per share (EPS). Our “underweight” rating is main-tained. Our preferred pick is ELK-Desa Resources Bhd.

Based on Bank Negara Ma-laysia’s (BNM) fi nancial stability review for the second half of 2019 (2H19), key takeaways are the banking sector’s capital buff er of RM121 billion — for February 2020, it was approximately 7.38% of RWA — exceeds regulatory requirements, implying a high loss-absorbing capacity; BNM views a potential deterioration in loan performance of households

and businesses as within banks’ financial buffers; the banking sector’s liquidity and funding conditions remain supportive of intermediation activities, as implied by the loan-to-fund and loan-to-fund-and-equity of 83.2% and 72.9% as at December 2019 respectively; and households still exhibiting a high debt repayment capacity, based on the fi nancial asset-to-debt ratio of 2.2 times and liquid fi nancial asset-to-debt ratio of 1.4 times as at 2019.

A contraction in loan growth is expected for 2020, from the auto, residential and commercial properties and trade fi nancing segments. Banks still face asset quality risks from their O&G port-folio, largely big ones such as Ma-layan Banking Bhd (Maybank), CIMB Holdings Bhd, RHB Bank Bhd and AMMB Holdings Bhd. Dividend restrictions may be trig-gered if BNM takes a more cau-tious stance.

Our “underweight” call for the sector is maintained, given a heightened downside risk. We forecast a decline in the sector’s core EPS of 20% y-o-y in 2020, and a modest growth of 1.5% y-o-y in 2021.

Our top pick is ELK-Desa with a target price of RM1.16 and a “hold” call due to its attractive yield and resilient business in auto fi nancing for the mass market. — Affi n Hwang Capital, April 6

Banks’ liquidity conditions seen supportive of intermediation ops

Gaming sector Maintain neutral: Last Friday, Sin-gapore Prime Minister Lee Hsien Loong pushed the “circuit breaker” to contain Covid-19. He introduced several containment measures in-cluding temporarily closing most workplaces, except for essential services and key economic sectors for a month, eff ective today.

Businesses categorised as essen-tial services include food establish-ments, markets and supermarkets, clinics, hospitals, utilities, transpor-tation, key banking services and businesses strategic to or form part of a global supply chain.

Clearly, leisure and entertain-ment operations such as casinos, theme parks, hotels and meetings, incentives, conferences and exhibi-tions are not essential. Th is means Genting Singapore Plc and Marina Bay Sands will be closed for a month from today.

Genting Singapore’s one-month closure, on the heels of the tempo-rarily closure of Genting Malaysia Bhd’s operations in Malaysia, the US and UK, will deal a second blow to its parent Genting Bhd. However, we believe this is not unexpected in the market since Covid-19 has become a global pandemic and with the public advised to avoid mass gatherings and adhere to so-cial distancing.

In our forecasts, we estimate a potential revenue loss of S$202 mil-lion per month for Genting Singa-pore, translating into its earnings re-ducing 23.6% for fi nancial year 2020 (FY20) if without any massive cost reductions. Consolidating this with

Genting’s earnings, we would see its FY20 earnings declining 14.9%.

Considering Genting Singapore’s temporarily closure and assuming a decline in gaming volume exac-erbating to 50% this year, from a 5% contraction previously, after factoring in the International Mon-etary Fund’s warning about a glob-al recession in 2020, our FY20 and FY21 earnings forecasts for Genting Singapore are cut 43.4% and 2.1% respectively. We reckoned the cut is not excessive if this is compared with the industry’s performance in Macau.

Take note that gaming revenue in Macau dropped 87.8% and 79.7% year-on-year (y-o-y) for February and March respectively. For the fi rst quarter of 2020, the total gaming revenue in Macau declined 60% y-o-y.

We also take this opportunity to cut Genting Malaysia’s FY20 and FY21 earnings forecasts by 40.6% and 1.7% respectively to factor in our new assumptions — Resorts World Genting’s very important person volume to decline 40% y-o-y from -9% previously, and the mass volume to decline 10% (-5% pre-viously); Genting US and Genting

UK’s gaming volume to decline 20% (-10% previously).

For Genting, our FY20 to FY21 earnings forecasts are reduced 38.5% and 1.8% respectively after incorporating our new earnings es-timates for Genting Malaysia and Genting Singapore.

We downgraded Genting Ma-laysia to a “sell” call from “hold” previously with a lower target price (TP) of RM2.03 a share from RM2.09 previously, while maintaining our “buy” rating for Genting with a lower TP of RM5.35 a share from RM5.53 previously.

Looking at new Covid-19 cases in Malaysia and Singapore, breaking new highs these days, there is still a substantial risk that the temporarily closure will be extended. As such, we put our recovery bet on Gent-ing rather than Genting Malaysia as the latter will be hit directly by the closure of casino.

For numbers forecast operator player Berjaya Sports Toto Bhd (BJ-Toto), we downgraded the stock to “sell” from “hold” previously with an unchanged TP of RM2.32 a share. Our “neutral” stance on the gaming sector is maintained. — TA Securi-ties, April 6

Plantation sectorMaintain neutral: Th e Sabah gov-ernment, with 1.54 million hectares (ha) of oil palm planted areas, has ordered estates and mills in six dis-tricts to shut until April 14, after some workers tested positive for Covid-19. Th e shutdown aff ected nearly 75% of the state’s crude palm oil (CPO) pro-duction and about 100,000 workers.

Malaysia’s plantation industries and commodities ministry and other plantation players with exposure to the state have joined calls to appeal the decision as it could negatively impact the palm oil industry. It is still early to make any earnings adjust-ments from the plantation ban but we believe the impact of a decline in production may be mitigated by higher CPO prices. Our “neutral” rat-ing on the plantation sector is main-tained with a CPO price forecast of RM2,300 a tonne for 2020.

Higher CPO prices may mitigate plantation’s falling productionPlantation sector peer comparison

COMPANY PRICE MKT CAP EPS EPS GROWTH PER P/BV ROE DIVIDEND (RM) (RM MIL) (SEN) (%) (X) (X) (%) YIELD (%) @ APR 3 2020F 2021F 2020F 2021F 2020F 2021F 2020F 2021F 2020F 2021F 2020F 2021F

Genting Plantations 9.40 8,431.8 21.7 23.7 39.1 9.2 43.3 39.7 2.0 2.0 4.6 4.9 1.5 1.6IOI Corp 3.88 24,381.9 11.8 11.8 7.3 0.0 32.9 32.9 3.5 3.2 7.6 7.4 1.5 1.5KL Kepong 20.70 22,045.5 72.5 72.6 23.5 0.1 28.6 28.5 2.1 2.0 6.9 6.7 2.2 2.2Sarawak Plantation 1.41 393.4 10.5 12.0 84.2 14.3 13.4 11.8 0.7 0.7 5.3 5.9 3.5 3.5Sime Darby Plantations 4.77 32,836.7 9.0 12.0 >100 33.3 53.0 39.8 2.0 2.0 3.9 5.1 1.0 1.3Ta Ann 2.06 915.9 18.2 19.5 >100 7.1 11.3 10.6 0.6 0.6 5.6 5.8 4.9 4.9TSH Resources 0.64 876.9 4.2 4.7 49.3 11.9 15.1 13.5 0.6 0.6 4.1 4.3 1.6 1.7*FGV is currently under temporary coverage suspensionSource: PublicInvest Research estimates

Sabah is the largest palm oil-pro-ducing state in Malaysia, contributing fi ve million tonnes or 25% of 2019’s CPO production. Th e closure of es-tate and milling operations since last week in six districts — Kalabakan, Semporna, Kunak, Tawau, Lahad Datu and Kinabatangan — to April

14 has hit an estimated 780,000ha of planted areas — nearly 75% of Sabah’s palm oil production. A de-lay in harvesting, normally every 10 days, at estates will result in fresh fruit bunches (FFBs) rotting on trees, a loss of FFB yield as overriped FFBs will cause deteriorating oil content and

a deteriorating oil quality with an in-crease in free fatty acids content due to a delayed processing time. Over-riped FFBs will also cause more than 50% of fruits detached, thus more loose fruits scattered all over estates.

Most plantation players have ex-posure to Sabah given the fertile soil

there. Notable players with a signifi -cant exposure include FGV Holdings Bhd at 38%, Hap Seng Plantations Holdings Bhd, Genting Plantations Bhd (33%), Kuala Lumpur Kepong Bhd (20%) and IOI Corp Bhd (68%). Hap Seng Plantations and Kretam Holdings Bhd would be the most severely aff ected given almost all of their estates are in the aff ected areas.

We think the additional two-week closure in April will result in a drop of 155,000 tonnes or 9% of the na-tional monthly production. Sabah’s unexpected drop in CPO production will drag April’s inventory level, pro-viding support to CPO prices in the near term. Th e recent heavy selling in global markets due to mount-ing concerns about the spread of Covid-19 lowered the CPO price by 19% year to date to the current RM2,456 per tonne. — PublicInvest Research, April 6

Filepic of a Maybank branch. Banks still face asset quality risks from their O&G portfolio. The Edge fi le photo

Gaming sector peer comparison

RECOM EPS PER DIVIDEND ROE PRICE TP GROWTH (%) (X) YIELD (%) (%)COMPANY (RM) (RM) CY20 CY21 CY20 CY21 CY20 CY21 CY20 CY21

Genting 3.77 5.35 Buy (56.5) 106.3 16.7 8.1 4.2 4.8 2.4 4.9Genting M’sia 2.03 2.03 Sell (70.4) 199.4 25.7 8.6 2.0 5.9 2.4 7.0BJToto 2.26 2.32 Sell 35.9 21.0 13.3 11.0 5.3 8.0 25.5 35.6Source: TA Securities

1 2 C O M M E N T TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

Nursing homes should not be death sentencesA tragedy is unfolding in nursing homes that is only partly being accounted for in offi cial data

BY L I O N E L L AU R E N T

In one day last week, France’s official death toll from Cov-id-19 rose by a staggering 1,355. The cause was not just the severity and speed of a vi-rus disease that has infected

more than one million people and killed 50,000 around the world, but also the brutality of fresh data. The new tally included 884 deaths in nursing homes that had gone un-counted since the start of the crisis.

While that should stoke concerns over the quality of the statistics the general public and policymakers are poring over every day — and on the likely undercounting of deaths — it should also alert us to an unfolding tragedy happening on the pandem-ic’s front lines. It is not just hospitals that need help, but all institutions that care for the frail and infi rm.

Th e numbers trickling in point to a sizable number of virus victims who are dying away from hospitals. Th e latest count shows that nurs-ing homes account for about one in four Covid-19 deaths in France, or 2,189 out of 8,078 total. In one part of the Grand-Est region, total reported deaths (from all causes) rose by 73% in one week last month.

Th ere are similar stories all over the world, though diff erences in re-porting methodology make it hard to build a full picture. In New York City, one in four Covid-19 deaths

MORE than 180 countries and ter-ritories have confi rmed a case of Covid-19, and the number of cases worldwide has reached more than a million. Like a massive storm front, the crisis threatens not only to overwhelm healthcare systems but also to collide in unpredicta-ble ways with childcare, education, employment and transportation.

Th e question for national lead-ers is whether their countries can weather this unprecedented crisis as it crosses borders. Addressing it requires accepting two fundamen-tal axioms. First, global risks such as pandemics are expressed at both the national and local levels. Second, no country alone can prevent such oc-currences or mitigate their impact.

Unfortunately, many leaders do not seem to understand these rules. What they mostly agree on is that unprecedented economic measures are needed to address a simultaneous demand and supply

BY L E E H O W E L L

Boosting resilience to Covid-19shock of this magnitude and du-ration. As citizens wait for these measures to be implemented, each community is being tested.

Governments and businesses can confront these challenges by learning about — and strengthening — their resilience, a term associated histor-ically with stress testing materials or structures in engineering. Following the post-2008 Great Recession, re-silience emerged as a core concept for addressing global fi nancial risks. For example, in the 2013 edition of the World Economic Forum’s (WEF) Global Risks Report, resilience was defi ned as the capacity for “bounc-ing back faster after stress, enduring greater stresses, and being disturbed less by a given amount of stress.”

Th e report also highlighted that as “global risks can be expressed in many countries at the same time, they can spread through countries that share borders, have similar fundamentals, or depend on the same critical sys-tems.” Th e WEF proposed a novel framework for assessing fi nancial re-silience. Using qualitative and quan-titative indicators, the diagnostic tool functioned as an X-ray that national

decision-makers could use to reveal weaknesses in global risk readiness that were not apparent through more traditional risk assessment methods.

A crucial lesson for leaders (par-ticularly at the local level) is that re-silience is most important when it comes to risks that are diffi cult to predict or, owing to a dearth of knowl-edge, manage eff ectively. Th e most important lesson is to avoid examin-ing these risks in isolation. Instead, leaders should adopt the mindset of systems thinking, relying on a mul-tilayered process to determine risks.

Leaders now need to think of their country as a system that is comprised of smaller systems and is a part of larger systems that aff ect their coun-try’s resilience. Global risks can have profound eff ects on politicians’ ability to govern, business-government re-lations, the effi ciency of government spending and reform implementa-tion, public trust, anti-corruption measures, and provision of services to improve business performance.

Unlike predicting stresses on a building in a hurricane, predicting those related to Covid-19 is a Sis-yphean task. Systems like healthcare

or education are too complex for mathematical calculations to deter-mine the risk and fallout. But systems thinking can provide a foundation to assess resilience by considering a system’s — and a country’s — robust-ness, redundancy, resourcefulness, response and recovery.

Some definitions are in order. “Robustness” means designing fail-safes and fi rewalls into a nation’s critical networks and making deci-sion-making chains of command modular to respond to changing cir-cumstances. “Redundancy” involves having excess capacity and backup systems so that the core functionality of critical infrastructure and institu-tions can be maintained during dis-turbances. “Resourcefulness” is the ability to adapt fl exibly to crises so that industries and communities can build trust and discover solutions to resolve unanticipated challenges. “Response” refers to the ability to mobilise quickly in the face of crises, equipped with sound methods for gathering relevant information from all parts of society and communi-cating it to others. “Recovery” is the ability to regain a degree of normality

after a crisis or event.It is imperative that leaders in-

crease resiliency. To do so, govern-ments must ensure public trust in order to act effectively and effi-ciently, and the private sector must work with governments to ensure local preparedness and response. Another way to increase resiliency is for civil society to be a watchdog on corruption, wastefulness and transparency. Th e WEF’s Covid Ac-tion Platform, in partnership with the World Health Organization, is mobilising stakeholders to protect lives and livelihoods and enhance these eff orts around the world.

For those countries around the world already facing serious Cov-id-19 outbreaks, the solidarity, com-passion and collaboration that we are witnessing are a testament to the power of local resiliency. For coun-tries or communities that have not been hit hard so far, leaders must act now. — Project Syndicate

Lee Howell is a member of the man-agement board of the World Eco-nomic Forum.

is in a nursing home. Th e Life Care Center in Washington state at one point accounted for more than half of the national US death toll, accord-ing to media reports. As of last week, approximately a third of Spanish Covid-19 deaths came from nursing homes. In Italy, one study estimat-ed that of nursing home residents in the Lombardy region who died since Feb 1, half either had the virus or its symptoms.

It is clear that these centres are painfully vulnerable to Covid-19 because of the age and underlying health conditions of their residents. A multi-country analysis of virus-re-lated deaths shows the over-60s, over-70s and over-80s are most at risk. In France, the average age in homes is 85, while in the US, more than two-thirds of residents are over 75.

However there are many aggra-vating factors in care homes that merit urgent attention, even in coun-tries with sizable public healthcare sectors and state-run homes. Th ere is a reported lack of medical equip-ment such as masks or gowns, which makes it harder to stop infection transmission between young work-ers and the people they care for. Th ere is also not enough staff , re-fl ecting years of healthcare spend-ing stagnation even as populations have aged. And in this pandemic, the broader strain on hospital resourc-es and intensive care beds means nursing homes are sometimes left

to their own devices to care for the elderly who have been infected.

Th is should be top of mind for pol-icymakers, who are now confronted with horrifi c stories that are every family’s worst nightmare. When the army in Spain mobilised to disinfect nursing homes last month, it found some patients lying in squalor and others left on their death beds. In the US, the Life Care Home now fac-es more than US$600,000 (RM2.62 million) in fi nes over its handling of the outbreak, which regulators say put people in danger. It is not just the unforgiving nature of the virus that is being brought to light, but the quality of care the elderly receive.

Th ere is a resource crunch here that goes beyond Covid-19. When nursing home workers in France went on strike in 2018, they brought

to light how their pay, training and equipment have not matched the increasing age and complex health issues of the people they care for. In the US, personal care workers are paid a median rate of US$11.57 per hour. “You’re going off to war and you’re in a battlefi eld where sup-plies are limited, the help is slow to get to you, and there’s a lot of casualties,” according to a nursing director in Washington.

Th e use of lockdowns in many countries to limit the spread of the virus — often due to a lack of testing resources — has also turned the con-cept of the care home on its head. Not only are they vectors of infec-tion, but they have become prisons too, with many residents confi ned to their rooms and carers reduced to the role of enforcers. Families the

world over are being cut off from their elderly relatives, sick or well. Heart-wrenching loneliness, the deepest fear of nursing home res-idents, is now prescribed as pre-ventive medicine. We are reminded daily of what doctor and author Atul Gawande described in his book Be-ing Mortal as the choice facing us as we age: “Yielding all control over our lives” to be kept safe in a home, or “going down with the volcano” to live freely, yet at greater risk.

Th e ultimate cognitive dissonance of Covid-19 is that it forces us to be-have inhumanely to save lives. Th ree months without seeing your family can also kill, as one care-home spe-cialist in France put it. Adding to the suff ering, those who die do so with-out their families present, and some countries have banned funerals al-together. Th is cuts deep: Burial rites are at the core of humanity. Th is is the year of dying, and living, alone.

A lot of this pain will eventually pass. Once lockdowns are lifted, and the virus is gone, families will reunite and fi nd the best way to remember those they lost. But the resource strain facing workers in nursing care will still be there. Th ey need extra support, not just in the current battle against Covid-19, but in the wider struggle of cura-tive and palliative care. Th is is not just about a temporary epidemic or mortality rates, but about what makes us human. — Bloomberg

Covid-19 is revealing deep weakness in healthcare systems. Once lockdowns are lifted and the virus is gone, resource strain facing nursing care workers will still be there. Photo by Bloomberg

W O R L D B U S I N E S S 1 3TUESDAY APRIL 7, 2020 • THEED G E FINANCIAL DAILY

HONG KONG: HSBC shareholders here are considering calling for an extraordinary meeting with the management and taking possible legal action against the bank’s de-cision to scrap dividend payments.

HSBC and other top British banks last Wednesday announced the suspension of dividend pay-outs after pressure from the regula-tor to save their capital as a buff er against expected losses from the new Covid-19 crisis.

Founded in Hong Kong about 150 years ago as Hongkong and Shanghai Banking Corp, Europe’s biggest lender by assets has a large number of small shareholders in the city who have long benefi ted from the bank’s stable dividend payments. Some of the Hong Kong shareholders have come together and created a dedicated Facebook page, which had more than 3,000 members as of Sunday, to dis-cuss possible action against the London-headquartered bank’s dividend halt.

“We must call an EGM (extraor-dinary general meeting) to let the management explain to us,” HT Chan, a 46-year-old retired driver who holds the bank’s stock and is part of the Facebook action group, told Reuters. “For legal action, it

depends on what they respond in the EGM. Hopefully, we can call this meeting.” Shareholders of a fi rm with at least 5% of the total voting rights may require it to con-vene an EGM, according to Hong Kong laws.

As of Sunday, the newly-formed HSBC Shareholders Alliance here had registered members with com-bined ownership of about 2% of the bank’s stock, Ken Lui, the con-venor of the alliance, told reporters yesterday. “Our goal is to gather 5% of shareholdings to call for an EGM ... we are very optimistic as we have only set up this alliance four, fi ve days ago.”

HSBC chief executive Noel Quinn in a letter to Hong Kong shareholders after the decision to suspend the dividend said the bank’s board would review the po-sition once the economic impact of the pandemic is better under-stood. “We profoundly regret the impact this will have on you, your families and your businesses. We are acutely aware of how impor-tant the dividend is to our share-holders in Hong Kong.”

Commenting on the possible legal action by the Hong Kong-based shareholders, one Lon-don-based institutional investor told Reuters he believed the group had little chance of reversing the decision. — Reuters

Slump in Australian M&A has bankers eyeing rescue deals

HSBC HK shareholders mull legal action over dividend scrapping

Asian fi rms rush to meet US$69.3b in 2Q debt refi nancingTh is comes after the region’s debt markets perform well behind the rest of the world

BY S C OT T M U R D O C H

BY C AT H Y C H A N , M A N U E L

B A I G O R R I , J U L I A F I O R E T T I ,

V I N I C Y C H A N & LU LU Y I LU N C H E N

BY H A R RY B R U M P TO N

BY S U M E E T C H AT T E R J E E

& F E L I X TA M

BY I S H I K A M O O K E R J E E

HONG KONG: Companies in the Asia-Pacifi c need to raise a near record US$69.3 billion (RM302.84 billion) to refi nance their existing borrowings in the second quarter (2Q), Refi nitiv fi gures show, as the region’s capital markets remain turbulent due to the Covid-19 pan-demic.

Th e level of US dollar corporate debt due to mature in the region, including Japan and China, is the second highest on record and only slightly behind the US$71.4 billion that was due during the same time last year.

Some of China’s largest state-owned enterprises are the leading contenders to refi nance debt with oil giant Sinopec Group, which has a fi ve-year bond worth US$2.48 bil-lion maturing in April while power utility State Grid has a three-year US$898.5 million bond expiring at the same time, according to Re-fi nitiv.

The data shows a Soft Bank Group bond worth US$2.48 billion due to mature on April 18, and the conglomerate fl agged it planned to carry out US$41 billion worth of

SYDNEY: Dealmakers are helping Australian fi rms with everything from urgent equity raising to re-structuring after the Covid-19 pan-demic brought mergers and acqui-sitions (M&A) to a standstill.

Th e country’s deal activity deliv-ered the worst start of a year since 2013. Announced deals in Aus-tralia dropped to US$13.8 billion (RM60.31 billion) in the fi rst quarter this year, a 32% plunge from the fi rst three months of 2019, according to data compiled by Bloomberg.

Th e biggest deal of the year so far was Macquarie Group Ltd’s pro-posed A$3 billion (RM7.87 billion) acquisition of data-centre firm AirTrunk, which was announced in January.

“Th e reality is that M&A volumes will dry up materially for the next few quarters,” Alex Cartel, the head of investment banking coverage for Australia at Deutsche Bank AG, said in a phone interview. “Bankers at this stage are more focused on the recapitalisation side of things. Th at’s usually the fi rst thing to go.”

Australian bankers are joining

asset sales to buy back shares and pay down debt.

Australia’s banks are likely to be active in the US dollar bond markets in the next few months with National Australia Bank and Westpac Banking Corp having a combined US$3.14 billion worth of bonds due to expire.

Th e rush of refi nancing deals comes as Asia’s debt markets are

performing well behind the rest of the world. Bankers said well-known corporates should be able to refi -nance but lower-rated companies and those with ratings considered “on the edge” by rating agencies could face trouble.

“Massive stimulus has been pro-vided by governments worldwide as they seek to keep the wheels turning. It remains to be seen how

this will translate into support for the more challenged credits in the coming weeks,” said Raj Malho-tra, the head of Societe Generale’s Asia-Pacifi c debt capital markets (DCM) unit. JPMorgan’s head of Asian DCM origination, exclud-ing Japan, Amy Tan said more and more Asian businesses are looking to diversify their funding sources this year. — Reuters

their counterparts in other parts of the world in focusing more on keeping their clients in business as the Covid-19 pandemic devastates the global economy. Th e travel re-strictions imposed by governments to contain the outbreak also ground the bankers and their deals.

Fundraising through share issu-ance in Australia no longer focuses on growth and acquisitions but on supporting balance sheets of com-panies as the virus outbreak hurts business, according to Anthony Sweetman, the joint country head of Australasia at UBS Group AG.

Last week, online travel agent Webjet Ltd said it expects to bring in about A$346 million from an equity raising, while NextDC Ltd, which develops data centres, an-nounced it got A$672 million via a share placement.

“If you had spoken to me six weeks ago, I would have been quite optimistic about the equity capital market pipeline for the year,” Sweet-man said in a phone interview.

“While the outlook is still busy, the composition of activ-ity has changed considerably.” — Bloomberg

HONG KONG: Credit Suisse Group AG has dropped off the initial public off ering (IPO) of one of China’s top online healthcare start-ups, dealing a fresh blow to its business taking companies in the region public after the Swiss bank was sued for its role in Luck-in Coff ee Inc’s US share sale.

Th e Swiss bank is no longer working on the WeDoctor deal, according to people familiar with the matter, who asked not to be identifi ed as the discussions are private.

Credit Suisse was picked along-side JPMorgan Chase & Co and CMB International to lead the share sale, expected to happen before year end, Bloomberg News reported last month. WeDoctor aims to raise between US$500 million (RM2.19 billion) and US$1 billion, a person familiar with the matter has said. A representative of Credit Suisse declined to com-ment, while a representative of WeDoctor said it was still choosing partners and had not fi nalised the banks for the share sale.

Credit Suisse’s exit comes at a diffi cult time for the bank, which was last week hit with a sharehold-er suit alleging Luckin Coff ee and several underwriters made false and misleading statements that caused its share price to be in-fl ated. Credit Suisse was among the coff ee chain’s IPO underwrit-ers named in the complaint. — Bloomberg

‘Credit Suisse drops off WeDoctor’s planned HK IPO’

People seen wearing protective face masks in the Lujiazui fi nancial district in Shanghai, China on March 19. Some of China’s largest state-owned enterprises are the leading contenders to refi nance debt with oil giant Sinopec Group. Photo by Reuters

SINGAPORE: Shares in Biolid-ics Ltd jumped as the Singa-pore-based medical device man-ufacturer said its rapid test kits for Covid-19 had been approved for sale in the European Union (EU).

The stock rose as much as 12% in early trading after the fi rm announced yesterday that it received confi rmation for CE marking last Friday. CE marking is a notifi cation process to au-thorities which enables compa-nies to market and sell products in the EU.

Th e medical tech fi rm was in-corporated in 2009, and special-ises in medical applications and equipment for cancer treatment. A number of companies have unveiled rapid test kits to de-tect Covid-19, which has infected around 1.3 million people glob-ally and killed 69,000. Shanghai Fosun Pharmaceutical (Group) Co Ltd chief executive offi cer Wu Yifang has cautioned that such kits may not be as accurate as conventional kits. — Bloomberg

S’pore’s Biolidics jumps as test kit approved by EU

1 4 W O R L D B U S I N E S S TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

I N BR I E FUK consumer confi dence suff ers record fall — surveyEconomists fear Britain’s economy is heading for a severe recession

BY D AV I D M I L L I K E N

French carmaker PSA secures further €3b worth of loansPARIS: French carmaker and Peugeot-owner PSA announced yesterday a further €3 billion (RM14.16 billion) worth of loans to strengthen its fi nan-cial position in the wake of the Covid-19 crisis. Th e latest syn-dicated loans come on top of an existing €3 billion worth of undrawn credit lines. “Th is op-eration reinforces our ability to face up this exceptional situation and prepare the future. It also proves the confidence of our partner banks in the fi nancial strength and recognised resil-ience of Groupe PSA,” said PSA chief fi nancial offi cer Philippe de Rovira. PSA shares were up 7.3% yesterday. — Reuters

Novacyt wins France’s approval for Covid-19 testing kitPARIS: Novacyt’s Covid-19 diag-nostic test has been approved by France’s CNR arm of the Insti-tut Pasteur, making it available for immediate distribution in France, the healthcare company said yesterday. Novacyt has al-ready won orders in the UK for its Primerdesign Covid-19 detec-tion kit and has won regulatory approval for it from the US Food & Drug Administration. “Th e In-stitut Pasteur’s evaluation and approval of our Covid-19 test is an important validation ... We look forward to supporting the French authorities in their Covid-19 testing requirements,” said Novacyt chief executive of-fi cer Graham Mullis. — Reuters

Apple designing face shields for medical workers, says CookLOS ANGELES: Apple Inc is de-signing face shields for medi-cal workers and separately has sourced over 20 million masks through its global supply chain, chief executive offi cer Tim Cook said. Cook made the announce-ment on Sunday on Twitter, say-ing that its design, engineering, packaging and operations teams are working with suppliers to get the shield made and shipped. Th e shields are fully adjustable and assemble in under two min-utes, he said, adding that Apple plans to ship over a million this week and another million week-ly after that. — Bloomberg

BMW group sales down 20.6% in 1Q as outbreak takes its tollBERLIN: BMW said yester-day that group sales dropped by 20.6% to 477,111 vehicles in the fi rst quarter (1Q) as the out-break of Covid-19 took its toll and many retail outlets tempo-rarily closed. BMW said it had seen sales growth at the start of the year but added: “By Febru-ary, the impact of the pandemic had already led to a signifi cant decrease in sales in China. By March, the eff ects of the pan-demic were clearly visible in sales fi gures in Europe and the US.” Shares in BMW were up 6.2% at 0711 GMT yesterday. — Reuters

LONDON: British consumer con-fidence has recorded its biggest fall in more than 45 years, a survey showed yesterday, as a widening shutdown of the economy to slow the spread of the Covid-19 ham-mered households’ fi nancial hopes.

GfK, which has conducted month-ly surveys of British consumer senti-ment since 1974, ran an extra poll in late March which showed the weak-est sentiment since February 2009.

Th e drop in the index to -34 from -9 in its regular survey for March, conducted earlier in the month, was the biggest on record.

"Our Covid-19 ‘fl ash report’ shows a dramatic result with consumer confi dence falling off the cliff in the last two weeks of March," GfK client strategy director Joe Staton said.

Surveys of businesses have been similarly bleak. IHS Markit’s monthly purchasing managers’ index for the services and manufacturing sectors, published last Friday, pointed to the

sharpest contraction on record.Th e biggest decline in the GfK

survey came in households’ will-ingness to make major purchases, despite a spike in demand for freez-ers, televisions and home office equipment as people prepared to spend most of their time at home.

GfK conducted the European Union-commissioned survey of 2,000 people between March 16 and March 27. Over this period Britain moved from advising peo-ple to avoid bars and restaurants to banning them from leaving their homes except to buy food,

exercise or do essential work.Economists fear Britain’s econ-

omy, like many others around the world, is heading for a severe reces-sion but say a bounce-back is possi-ble later in the year, depending on how the virus outbreak develops. — Reuters

BY W I L L I A M S C H O M B E R G

& C O S TA S P I TA S

LONDON: New car registrations in Britain fell by an annual 40% in March as the Covid-19 crisis hit the economy and forced many would-be buyers to stay at home, preliminary data from an industry group showed yesterday.

Sales totalled around 250,000 units,

Britain’s new car sales plunge 40% in March as virus hits

making it the weakest March — typi-cally one of the top two selling months of the year — since 1999 when bian-nual plate changes were introduced.

British Prime Minister Boris Johnson ordered a shutdown of much of the economy last month as his government sought to slow the spread of Covid-19.

March accounted for nearly 20% of total registrations in 2019 as it is

one of two annual occasions when a new licence plate series is issued.

Car sales in Britain have been falling since hitting a record high in 2016. Th e Society for Motor Manu-facturers and Traders’ (SMMT) latest forecast, published in January, pre-dicted a drop in full-year demand of just over 2.5% to 2.25 million cars.

Th e SMMT was due to publish its full data for March yesterday. — Reuters

BY S A R A H YO U N G

LONDON: Rolls-Royce is scrapping its targets and fi nal dividend to shore up its fi nances as the British aero-engine maker’s customers around the world ground planes due to the Covid-19 pandemic.

Rolls-Royce, one of Britain’s most historic industrial names, which before the Covid-19 crisis struck was trying to emerge from a multi-year turnaround plan, has suspended its dividend for the fi rst time since 1987.

Th e company’s engines power Airbus and Boeing’s widebody jets but more than 60% of that fl eet is now grounded, according to aviation data provider Cirium.

Rolls-Royce scraps targets, dividend on Covid-19 hitRolls-Royce is paid by airlines

based on how many hours they fl y. Over the last six weeks, the head-wind from Covid-19 was about £300 million (RM1.61 billion), Rolls-Royce said, on fl ying hours which were 50% lower in March and ex-pected to deteriorate further in April.

Chief executive offi cer Warren East said the company’s focus was on strengthening its fi nancial re-silience, and as such it would be looking at cutting its cash expend-iture, including reducing salary costs across its global workforce by at least 10% this year.

Rolls-Royce also said yesterday it had secured an additional £1.5 bil-lion revolving credit facility, bring-ing its overall liquidity to £6.7 bil-

lion, to give it headroom during a potential prolonged downturn.

Withdrawing its previously an-nounced guidance for 2020, and noting the ongoing uncertain out-look, Rolls-Royce said its board was no longer recommending its fi nal dividend in respect of 2019, saving £137 million.

The company said actions to reduce costs, including on non-critical capital expendi-ture projects and salary cuts and deferrals for senior managers, would have a cash fl ow benefi t of at least £750 million this year.

Shares in Rolls were up 13% at 284 pence in early trading yester-day. Th e stock has lost 55% over the last month. — Reuters

Tesla engineers show ventilator prototype on YouTubeBY K AT E D U G U I D

NEW YORK: Engineers at Tes-la Inc showed a prototype for a ventilator on Sunday evening in a video published on the compa-ny’s YouTube channel, as hos-pitals around the country over-whelmed by Covid-19 patients face device shortages.

Th e design for the ventilators relies heavily on Tesla car parts, one of the engineers said, ena-bling the company to redeploy existing stock and produce the devices quickly.

Th e video comes two weeks after chief executive offi cer Elon Musk said Tesla planned to re-open its New York factory to pro-duce ventilators.

Th e timeline for production was not specifi ed in the video.

"Th ere’s still a lot of work to do," said one of the engineers, "but we’re giving it our best eff ort."

Governments globally have appealed to carmakers and aero-space companies to help procure or make ventilators and other med-ical equipment amid the increasing number of Covid-19 infections.

More than a million people have been infected worldwide by the Covid-19, while over 65,000 have been killed. Th e US has the most number of cases at above 300,000. — Reuters

A deserted Brent Cross shopping centre seen in London as the spread of Covid-19 continued. Surveys of businesses have been bleak. Photo by Reuters

W O R L D B U S I N E S S 1 5TUESDAY APRIL 7, 2020 • THEED G E FINANCIAL DAILY

Boeing extends closing of Seattle-area plantPlans to restart its 737 MAX production are in fl ux due to pandemic uncertainty

DUBAI/LONDON: Emirates is in talks to raise billions of dol-lars in loans, on top of Dubai’s state bailout for the world’s largest long-haul airline car-rier, as the Covid-19 pandemic grounds fl ights.

Th e carrier is reaching out to local and international banks about the funding that will be in addition to the undisclosed amount of fi nancial aid from the government, according to people with knowledge of the matter, who asked not to be identifi ed because the infor-mation is private.

One of the options being dis-cussed are bilateral loans, which are cheaper, can be agreed quick-ly and done in smaller tranches compared with syndicated facil-ities, the people said. No fi nal decisions about the borrowing had been made, they said.

A spokesperson for Du-bai-owned Emirates declined to comment. Emirates — an emblem of Dubai’s meteoric rise in the last three decades from a desert outpost into a global business and tourism hub — is being particularly hard hit by the collapse in air travel as countries lock down to slow the spread of the virus. Th e government last week said it would step in to shield the airline with new equity.

Th e airline is the largest of the major Middle Eastern car-riers, which also include Qa-tar Airways QCSC and Etihad Airways PJSC. All three are state-owned, giving them a potential advantage in swift-ly securing bailout packages. Emirates, whose fl eet consists of all wide-body aircraft, typi-cally operates more than 500 fl ights a day. — Bloomberg

Emirates seeks billions in loans — sources

BY J U L I E J O H N S S O N

CHICAGO: Boeing Co has decid-ed to keep its Seattle-area com-mercial manufacturing hub closed indefi nitely as state health offi cials work to contain the Covid-19 out-break and its suppliers show signs of stress.

Th e factories, including a hulk-ing plant where all of the compa-ny’s wide-body jets are built, had been scheduled to reopen late evening today following an earli-er two-week closure. Th e safety of

CHICAGO: American Airlines Group Inc said late on Sunday it would suspend more fl ights in and out of New York City’s (NYC) three main airports for about a month, joining other airlines that have cut fl ights to the area following a spike in Covid-19 cases.

Between April 9 and May 6, Amer-ican Airlines will operate a total of 13 daily fl ights from New York’s John F Kennedy and LaGuardia airports and New Jersey’s Newark, it said, down from an average of 271 daily fl ights across all three airports in April 2019.

David Seymour, American Air-

employees and recommendations of government health authorities were among the considerations, the Chicago-based planemaker said in a statement.

Th e pandemic injects fresh un-certainty into Boeing’s plans to re-start 737 MAX production, which was closed in January, about 10 months after global authorities grounded the jets following two fatal crashes. Also in fl ux is whether the disruption from the outbreak will stymie the company’s eff orts to end the fl ying ban by mid-year.

Boeing has about 135 con-firmed Covid-19 cases among its global workforce, according to a spokesman. The aviation titan made the decision to shutter its Washington state facilities and ask employees to telecommute, where possible, after an employ-ee at its Everett campus died last month. Nearly half the company’s total workforce is based in the Puget Sound region, an early ep-icentre of the outbreak in the US.

At other sites that have remained open, Boeing is taking additional

measures to protect employees. Th ese include more frequent and thorough cleaning of work and common areas and staggered shift times to reduce the fl ow of employ-ees arriving and departing for work, the company said.

Boeing offered buyouts to all 161,000 of its employees last week, and a person familiar with the mat-ter said then that the company is taking a closer look at reducing manufacturing rates of wide-body jets amid plunging demand. — Bloomberg

American Airlines joins others in suspending more NYC fl ightsBY T R A C Y R U C I N S K I lines’ senior vice-president of oper-

ations, told employees that demand for fl ights to the New York area “is rapidly evaporating” following an increase in Covid-19 cases and a recent advisory from the Centers for Disease Control and Prevention warning against all non-essential travel to and from New York, Con-necticut and New Jersey.

New York has been the hard-est-hit US state by the Covid-19 pandemic.

United Airlines Holdings Inc said on Saturday that it was re-ducing its daily New York City area fl ights to 17 from 157, while JetBlue Airways Corp is cutting its sched-

ule by as much as 80% and Spirit Airlines Inc is cancelling all of its fl ights to the area.

US carriers have drastically re-duced their fl ying schedules around the world as air travel demand has plummeted due to Covid-19, but the reductions for New York — one of the business capitals of the world — underscore the depth of the health and fi nancial crises.

American Airlines said it will only operate fl ights between 10am ET and 6pm ET as turn-only opera-tions so that no aircraft or crew re-main overnight at the airports, and so that fewer New York crew will be required on the ground. — Reuters

American Airlines’ planes being parked at the gate during the Covid-19 outbreak at the Ronald Reagan National Airport in Washington on Sunday. Seymour says demand for fl ights to the New York area ‘is rapidly evaporating’. Photo by Reuters

BY A R C H A N A N A R AYA N A N

& D I N E S H N A I R

LONDON: Airbus SE chief exec-utive offi cer (CEO) Guillaume Faury (pic) will donate his 2019 bonus to charity, targeting aid work that is already linked to the plane-maker as the Covid-19 pandemic stresses health sys-tems in many countries.

The money will go to non-governmental and hu-manitarian organisations, with a focus on Airbus’ own charita-ble foundation and organisa-tions it supports, a spokesman for the Toulouse, France-based plane-maker said.

Faury, 52, took over the top spot at the world’s biggest air-craft manufacturer almost a year ago.

He is entitled to as much as 200% of his base salary, which stands at €1.35 million (RM6.36 million), according to company fi lings. He told employees in a letter last Friday that he would give up the payment.

With Covid-19 weighing heavily on the industry, lead-ing to bailout requests, plant closures and furloughed staff , aviation chiefs have been for-going parts of their compen-sation. — Bloomberg

OSLO: Norwegian Air’s passen-ger volume fell by 60% year-on-year in March as it grounded planes amid eff orts to halt the spread of Covid-19, and will book a hedging loss of US$102 million (RM445.74 million) as the cost of fuel has plunged.

A pioneer of low-fare trans-atlantic air travel, Norwegian’s rapid expansion has left it heav-ily in debt. It has repeatedly raised cash from shareholders and its Oslo-listed shares have plunged 78% so far this year.

“Th e company experienced a dramatic drop in demand follow-ing government-imposed travel restrictions and a general travel decline,” the carrier said yester-day of its March numbers, adding that its capacity had been 40% lower than originally planned.

Norwegian has said that it will cancel 85% of its fl ights and furlough 90% of staff . — Reuters

Airbus CEO donates bonus to charity

Norwegian Air’s March traffi c tumbles 60%

BY C H A R LOT T E RYA N

BY T E R J E S O L S V I K

& V I C TO R I A K L E S T Y

BLOOMBERG

1 6 W O R L D TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

Europe’s Covid-19 spotlight moves to UKHospitalised Johnson’s health problems add to the sense of confusion

BY T I M R O S S

BY M I C H A E L H O L D E N

LONDON: Queen Elizabeth told the British people on Sunday that they would overcome the Cov-id-19 outbreak if they stayed res-olute in the face of lockdown and self-isolation, invoking the spirit of World War II in an extremely rare broadcast to the nation.

In what was only the fifth tele-vised address of her 68-year reign, the Queen called upon Britons to show the resolve of their forebears and demonstrate they were as

‘We’ll meet again’: Queen Elizabeth invokes WW2 spirit to defeat virus

strong as generations of the past.“We will meet again”, she

pointedly said in a direct refer-ence to the most famous British song from the war years of the 1940s, when she was a teenager. “Better days will return.”

“Together we are tackling this disease, and I want to reassure you that if we remain united and reso-lute, then we will overcome it,” the 93-year-old monarch said in the address from her Windsor Castle home where she is staying with her husband Prince Philip, 98.

“While we have faced challeng-es before, this one is different. This time we join with all na-tions across the globe in a com-mon endeavour, using the great advances of science and our in-stinctive compassion to heal. We will succeed — and that success will belong to every one of us.”

The broadcast came hours af-ter officials said the death toll in Britain from the virus had risen by 621 in the last 24 hours to 4,934 with high fatalities still expected in the next week. — Reuters

LONDON: Prime Minister Boris Johnson was taken to the hospital for tests as he struggles to recover from Covid-19, dealing a serious blow to the UK as the country pre-pares for the worst of the crisis.

Almost 5,000 people have died from Covid-19 in the UK so far and, according to government advisers and scientists, the peak of the outbreak is likely to hit in the next 7-10 days.

Europe’s worst-hit countries reported declines in deaths, with the latest data from Spain, Italy and France suggesting measures that have halted economies and forced people to stay home are having an effect. But while the rise in fatalities also slowed in

the UK, Britain is behind other nations in the infection curve and is struggling to ramp up testing.

While Johnson, 55, remains technically in charge, he stayed in hospital overnight and was not able to chair the critical daily meeting to coordinate the gov-ernment’s response yesterday, according to an official. That thrusts the responsibility into the hands of Foreign Secretary Dominic Raab, who is Johnson’s de facto deputy.

US President Donald Trump sent well wishes to Johnson dur-ing his daily press briefing on Sunday, saying “all Americans are praying for him.”

“He’s a friend of mine, he’s a great gentleman and a great lead-er,” Trump said. “But I’m hope-

ful and sure that he’s going to be fine — he’s a strong man, a strong person.”

The premier’s illness was ini-tially described as mild, and there is no sign that it is getting worse. Instead, his doctor advised that he should be admitted to the hos-pital for “precautionary” tests because symptoms, including a fever, have not cleared up. He remained in the undisclosed Na-tional Health Service hospital yesterday morning.

Johnson’s personal health problems add to the sense of confusion surrounding the UK’s response. His administration has struggled to prove it is on top of the pandemic, and faced criti-cism from health specialists and the national media. — Bloomberg

Queen Elizabeth during her address to the nation and the Commonwealth in relation to Covid-19, recorded at Windsor Castle, the UK on Sunday. She calls upon Britons to show the resolve of their forebears and demonstrate they are as strong as generations of the past. Photo by Reuters

WASHINGTON: US President Donald Trump expressed hope on Sunday that the US was see-ing a “levelling-off ” of the Cov-id-19 crisis in some of the na-tion’s hotspots, but some of his top medical advisers took a more tempered view.

New York, the hardest-hit state, reported on Sunday that for the fi rst time in a week, deaths had fallen slightly from the day before, but there were still nearly 600 new fatalities and more than 7,300 new cases.

“Maybe that’s a good sign,” Trump told reporters at a White House briefi ng, referring to the drop in fatalities in New York.

While Trump cited those num-bers as an indication that Amer-icans were starting to see “light

MILAN: Italy reported its lowest daily Covid-19 death toll for more than two weeks on Sunday as au-thorities began to look ahead to a second phase of the battle against the new virus once the lockdown imposed almost a month ago is eventually eased.

Th e toll from the world’s dead-liest outbreak reached 15,887, al-most a quarter of the global death total, but the rise of 525 from a day earlier was the smallest daily increase since March 19, while the number of patients in badly stretched intensive care units fell for a second day running.

“Th e curve has reached a pla-teau and begun to descend,” said Silvio Brusaferro, head of the Isti-tuto Superiore di Sanità, Italy’s top health institute. “It is a result that we have to achieve day after day.”

“If this is confirmed, we need to start thinking about the sec-ond phase and keep down the

DUBLIN: Ireland’s Prime Minister Leo Varadkar has re-registered as a medical practitioner and will work one shift a week to help out during the Covid-19 crisis, his offi ce said on Sunday.

Varadkar worked as a doctor for seven years before leaving the profession to become a politician and was removed from the medical register in 2013.

He rejoined the medical register in March, and off ered his servic-es to the country’s Health Service

Trump hopes Covid-19 levelling off in hotspots

Italy starts to look ahead to ‘phase two’ as death toll slows

Ireland’s PM returns to medical practice to help in virus crisis

BY A L E X A N D R A A L P E R

& M AT T S P E TA L N I C K

BY J A M E S M A C K E N Z I E

& G I U L I O P I O VA C C A R I

BY G R A H A M FA H Y

at the end of the tunnel”, Antho-ny Fauci, a member of Trump’s Covid-19 task force, said it took weeks for eff orts like social dis-tancing and stay-at-home orders to slow the virus’ spread.

Asked whether his and oth-er experts’ grim projections of a rising death toll was at odds with Trump, he did not directly contradict the president, who has been accused by critics of often taking a more positive view than justifi ed by the facts.

Th e US faces a critical week in the Covid-19 crisis, with the US surgeon general warning on Sunday: “Th is is going to be the hardest and the saddest week of most Americans’ lives, quite frankly”. But a few governors still resisted issuing stay-at-home or-ders and a handful of churches held large Palm Sunday services. — Reuters

spread of this disease.”Th e total number of confi rmed

cases of Covid-19 rose by 4,316 to 128,948, the lowest increase in fi ve days, which added to signs the epidemic has reached a plateau, about six weeks after it broke out in northern Italy on Feb 21.

Sunday’s fi gures added to grow-ing signs the tough restrictions on movement and public gatherings imposed across the country on March 9 were having an eff ect in containing the epidemic, but offi -cials have been desperate to avoid a let-up.

But alongside the public health crisis, the government is also grap-pling with the economic devasta-tion caused by the sudden halt to business across the country.

Following several days of en-couraging data, Health Minister Roberto Speranza outlined a series of measures, including more test-ing and a beefed-up local health system, intended to allow a grad-ual easing until a vaccine might be developed. — Reuters

Executive (HSE) for one session a week in areas that are within his scope of practice, a spokesman for his offi ce said.

“Many of his family and friends are working in the health service. He wanted to help out even in a small way,” the spokesman added.

Last month, health minister Si-mon Harris launched a recruitment drive for the country’s struggling health service to tackle Covid-19.

Th e HSE said it had spoken to thousands of healthcare profes-sionals who may be eligible to re-turn. — Reuters

W O R L D 1 7TUESDAY APRIL 7, 2020 • THEED G E FINANCIAL DAILY

Singapore adds S$5.1b to stimulus, boosts handoutsTh e equity benchmark extends gains after the new stimulus announcement

BY M I C H E L L E J A M R I S KO,

FA R I S M O K H TA R & M E L I S S A C H EO K

BY L I N C O L N F E A S T

& S WAT I PA N D E Y

SINGAPORE: Singapore increased its cash payout to individuals and announced additional steps to save jobs as the city-state prepares to se-verely curtail activities to contain a spike in Covid-19 cases.

Th e third virus-related stimulus package in two months will cost S$5.1 billion (RM15.54 billion), taking the nation’s total virus relief to almost S$60 billion, or 12% of gross domestic product (GDP), Deputy Prime Min-ister Heng Swee Keat said yesterday in Parliament. Th e government will seek to draw an extra S$4 billion from past reserves, and will push up its budget defi cit in the current fi scal year to 8.9% of GDP, he said.

Trade-reliant Singapore is reel-ing from the impact of the Covid-19 outbreak, with the government pre-dicting a 1%-4% contraction in the economy this year. Th at is even be-fore new restrictions on movement begin today, including the closing of schools and non-essential businesses.

“Th e primary aim of this solidarity budget is to take further steps to save jobs and protect the livelihoods of our people during this temporary period of heightened measures,” Heng said.

Singapore’s equity benchmark, the Straits Times Index, extended gains to as much as 3.7% after Heng an-nounced the new stimulus package. Th e gauge was up 2.9% as of 3:30pm.

Th e government already had re-

quested to tap S$17 billion in past reserves for its second stimulus pack-age. Singaporean President Halimah Yacob, in a Facebook post, said she gave her in-principle support to use the additional reserves.

Some of the new measures an-nounced yesterday:• An additional S$300 in cash hand-

outs for all adult Singaporeans, bringing the total per person to S$600

• Wage subsidy for each local employee increased to 75% of gross monthly wages, for the fi rst S$4,600 of salary paid this month

• Foreign-worker levy waived for April

The fresh stimulus was an-nounced a week after the Mone-tary Authority of Singapore took unprecedented action to ease policy, while commenting that fiscal policy would have to take the “primary role” in efforts to shore up the country’s economy. — Bloomberg

People wearing face masks during the outbreak of Covid-19 in Singapore last Friday. Trade-reliant Singapore is reeling from the impact of the Covid-19 outbreak. Photo by Reuters

TOKYO: Japan is set to declare a state of emergency in Tokyo and six other prefectures as early as today in a bid to stop Covid-19, the prime minister said, with the government preparing a stimulus package to soften the economic blow.

More than 3,500 people have tested positive for Covid-19 in Ja-pan and 85 have died — not a huge outbreak compared with some hot spots, but the numbers keep ris-ing with particular alarm over the spread in Tokyo, which has more than 1,000 cases, including 83 new ones yesterday.

Japanese Prime Min-ister Shinzo Abe (pic) made the announcement on the state of emergency in remarks to media tele-vised live.

An emergency, which Abe said would last about a month, will give governors authority to

call on people to stay at home and businesses to close, but not to order the kind of lockdowns seen in other countries. In most cases, there are no penalties for ignoring requests, and enforcement will rely more on peer pressure and respect for authority.

Pressure had been mounting on the government to take the step although Abe has voiced concern about being too hasty, given the re-strictions on movement and busi-nesses that would ensue.

Th e stimulus package of hun-dreds of billions of dollars is due to be rolled out this week.

An emergency would ap-pear to have public support. In a poll published yesterday by JNN, run by broadcaster TBS, 80% of those surveyed said Abe should declare it while 12% said it was not neces-

sary. His approval rat-ing fell by 5.7 points

from last month to 43.2%, the sur-vey showed. — Reuters

SYDNEY: Australian hospital workers on the Covid-19 front-line say they daily receive letters of thanks, some people even bring them pizzas, but what they really need is proper res-piratory face masks to replace faulty and home-made face shields.

While doctors and nurses in some hospitals struggle to ob-tain respiratory N95 face masks, Australians walking the streets can be seen wearing them.

“Every day we get a lot of thank you letters, some peo-ple bring pizza for us etc,” one senior emergency doctor told Reuters. “But I just want to go there and say ‘Hey, we’re not hungry. We need masks’”.

“If you go into the communi-ty you see on the faces of a lot of people the N95 masks and not enough in the hospital,” said the emergency doctor in the state of New South Wales (NSW), which has nearly half of the country’s more than 5,700 cases and has recorded the most deaths as of yesterday.

Emergency doctors and healthcare workers union rep-resentatives say they have been assured by authorities there are stockpiles of personal protec-tive equipment and eff orts to produce more are ramping up.

But staff in some stretched hospitals in NSW are facing tight restrictions on the use of higher specification N95 face masks and are relying on DIY face shields to stay safe. — Reuters

BEIJING: Mainland China reported 39 new Covid-19 cases as of Sun-day, up from 30 a day earlier, and the number of asymptomatic cases also surged, as Beijing continued to struggle to extinguish the outbreak despite drastic containment eff orts.

Th e National Health Commis-sion said in a statement yesterday that 78 new asymptomatic cases had been identifi ed as of the end

of the day on Sunday, compared with 47 the day before.

Imported cases and asympto-matic patients, who show no symp-toms but can still pass the virus to others, have become China's chief concern in recent weeks after draconian containment measures succeeded in slashing the overall infection rate.

Hubei province, the original ep-icentre of the outbreak, accounted for almost half of the new asympto-

matic cases, the provincial health authority said. A total of 705 peo-ple with asymptomatic cases were under medical observation around mainland China.

Th e surge in asymptomatic cas-es, which China only began report-ing last week, poses a worry as the Hubei provincial capital of Wuhan prepares to allow people to leave the city tomorrow for the fi rst time since it was locked down in late January. — Reuters

MUMBAI/DHAKA: Millions of In-dians turned off their lights and lit up balconies and doorsteps with lamps, candles and flashlights on Sunday, in response to Indian Prime Minister Narendra Modi’s appeal to “challenge the darkness” spread by the Covid-19 crisis.

Modi, who imposed a three-

week-long nationwide lockdown on March 25, asked all citizens to turn out their lights for nine min-utes at 9pm local time on Sunday and to display lamps and candles in a show of solidarity.

Modi’s call was met with a huge response, with many people light-ing up their balconies. Others lit fi recrackers, played musical instru-ments, and sang patriotic songs. Grid data showed India’s nation-

al power consumption plunging more than a quarter in a matter of minutes.

Th e show of unity came as the total number of Covid-19 cases in India increased to 3,577, while the death toll rose to 83.

Some offi cials have warned that lockdowns could continue beyond April 14 in parts of India where new cases have been detected. — Reuters

‘We are not hungry, we need masks’ — Aussie doctor

China sees rise in asymptomatic Covid-19 casesBY LU S H A Z H A N G & TO N Y M U N R O E

BY L I N D A S I EG

& C H A N G - R A N K I M

BY R A J E N D R A J A D H AV

& R U M A PAU L

Indians light lamps to heed Modi’s call for comradeship

Japan to declare state of emergency for about a month — PM

REUTERS

1 8 F E AT U R E TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY

Some options for Europe’s giant virus rescue package

To beat the global pandemic, empower local leaders

EU fi nance ministers will hold a video conference today on Covid-19 response

BY V I K TO R I A D E N D R I N O U

& N I KO S C H RYS O LO R A S

WHILE many Americans are watch-ing the daily news conferences by US President Donald Trump and some governors, the action behind the scenes is being led by the elected offi cials who are closest to the public, and who are directly managing the crisis in their communities: Mayors.

As we listen to public health ex-perts, including doctors Anthony Fauci and Deborah Birx, we should also be listening to America’s mayors, who are best positioned to identify problems as they arise and act swiftly to address them — if they have the resources and authority to do so.

Th ink of it this way: Mayors are our front-line leaders and battal-ion commanders in a war that Tom Frieden, the physician who led the Centers for Disease Control and Prevention throughout the Obama administration after serving as our health commissioner in New York City, has called “World War C”.

Battalion commanders see the action up close. Th ey are at the point of contact with the enemy and must assess their troops’ strengths and vulnerabilities. Th ey must recog-nise where resources are thin and where casualties are concentrat-ed. Th ey must determine what tac-

BY M I C H A E L R B LO O M B E R G tics are working and which are not — and adjust. Th ey have access to fi rst-hand accounts and intelligence about what is happening in real time, which they must use to make on-the-spot decisions about when, where and how to advance — or retreat. And they expect that when they reach back for the personnel and resources they need to contin-ue the fi ght, the chain of command will deliver.

The best mayors, like the best commanders, are unfl inchingly hon-est. Th at can mean speaking truths their superiors do not want to hear — and that is precisely what has happened in this crisis.

The White House was slow to hear the alarms that local mayors sounded, including about the dearth of supplies and the need for stricter travel restrictions. Unfortunately, partisanship being what it is, that scepticism fi ltered down to some governors, who stood on the side-lines as mayors took action. But over the past week, the tide has turned as mayors have helped governors understand that ignoring their fi eld offi cers is a dangerous mistake.

For instance: Almost two weeks ago in Mississippi, after Jackson Mayor Chokwe Lumumba and Tu-pelo Mayor Jason Shelton urged peo-

ple to work from home and limited restaurants to takeout and delivery, the governor issued a far less restric-tive statewide order declaring a wide range of businesses as essential and keeping dining rooms open.

Clear communication is critical in a crisis; confusion can be deadly. So Lumumba reached out to the gover-nor on behalf of the local leaders he had spoken with, and several days later, the governor agreed to clarify that the state’s order was meant to serve as a minimum standard, rath-

er than supersede orders from city halls. Th ose kinds of quiet, unher-alded acts of local leadership will save lives, and they are happening all over the country.

Th e fi rst city to get hit hard by the virus, Seattle, shows the diff er-ence strong local leadership can make. Mayor Jenny Durkan’s early actions to contain the virus, when much of the country was not taking it seriously, saved lives and helped stabilise the outbreak. Durkan said this week that “there are no good

choices” facing local leaders, “but there are good decisions”. She is ab-solutely right, and it is critical that mayors share information about their decisions and the lessons they are learning, which is something that the Bloomberg Harvard City Leadership Initiative is facilitating.

Each week, we hold a conference call with more than 100 mayors and their staff , and each day our team sends an email update to everyone in the group with the latest actions that cities are taking to fi ght the pandem-ic, support their small businesses and mobilise the public. One exam-ple is Louisville Mayor Greg Fischer’s “Lift Up Lou” initiative, which brings local organisations together to pro-mote health and wellness and lift spirits in a stressful time.

Cities have a lot to learn from one another and opening up new lines of communication helps spread ef-fective policies and practices. “Th e greatest resource in all of this has been other local governments that are in the same spot,” Tulsa Mayor G T Bynum wrote this week. “Each opportunity I have to work with fel-low mayors is a reminder that while fi ghting the spread of the virus feels very personal and very local, each local response is very much part of a larger collective eff ort.” — Bloomberg

The fi rst city to get hit hard by the virus, Seattle, shows the diff erence strong local leadership can make. Photo by Bloomberg

European Union (EU) finance ministers are on a deadline.

The bloc’s leaders have asked them to come up with a set of

proposals to help mitigate the eco-nomic impact of Covid-19 by the end of this week and the ministers are aiming to reach a consensus during a video conference today.

Th ey are likely to agree on a tool-box of measures worth over half a trillion euros that leaders could potentially sign off on later in the week. National fi scal measures have already reached 3% of EU gross do-mestic product as well as liquidity guarantees worth 18% of the bloc’s output. Th e European Central Bank (ECB) has also launched unprec-edented bond purchases in what could end up becoming the big-gest economic rescue package the continent has seen in peacetime.

Here are some of what is on the ta-ble and how likely it is it will be agreed:

The bailout fundIn their last meeting on March 24, the fi nance chiefs reached a “broad con-sensus” on using the euro-area bailout

fund to off er credit lines worth up to 2% of output to all the bloc’s members and even to go beyond that amount in exceptional circumstances.

The existence of such facili-ties should bring down borrow-ing costs for euro-area sovereigns and if the loans were needed, they would be available very quickly. Tapping into the ESM’s (Europe-an Stability Mechanism) €410 bil-lion (RM1.93 trillion) war chest could also pave the way for the ECB to buy vast amounts of sovereign bonds through its Outright Mon-etary Transactions programme.

Th e sticking point has been the conditions tacked on to these credit lines but now they are approaching a deal which would see the minimum of strings attached — countries will just have to show that the money would be used to address the impact of the virus. While most countries are on the same page, some like Austria and the Netherlands have argued that in the medium term, some conditions on the country’s fi scal health should be included.

Spain and Italy have called for all countries to apply for a credit line to reduce the supposed stigma of seeking financial help. But the most likely outcome is that only those in need will do so.

The public investment bankAmong the least controversial pro-posals fl oated is the creation of the pan-European Guarantee Fund to be managed by the European Invest-ment Bank (EIB). Th e fund will aim to ensure that healthy companies of all sizes will have the liquidity they need to weather the rapidly unfold-ing crisis, according to documents circulated among EU diplomats and seen by Bloomberg.

The fund will have €25 billion raised proportionally by EU mem-ber states, so the biggest economies like Germany will chip in more. Ac-cording to a French memo circulat-ed to EU diplomats, such a fund can mobilise in excess of €200 billion. France also wants member states to fi nance a capital increase for the EIB — already the world’s biggest multi-lateral fi nancial institution.

Th e use of the EIB has broad sup-port among governments and is expected to be backed by ministers, though the fi nal amounts are still to be determined.

The unemployment programmeTh e European Commission has pro-posed a programme with up to €100 billion to loan to countries facing ris-ing joblessness because of the lock-down. According to the plan, known

as SURE, EU governments will be able to request fi nancial assistance if “public expenditure has sudden-ly and severely increased as of Feb 1 due to the adoption of national measures directly related to short-time working schemes” because of the virus outbreak.

Th e plan would see the EU raise money on international markets backed by guarantees from member states. While ministers are expected to debate this, it is widely expected to get their backing.

The bailout fund, againEU offi cials are also looking at a sup-plementary lending programme fi -nanced by the bailout fund.

Th e facility would fund emergen-cy expenditures for natural disasters including pandemics and could be used in parallel with the credit lines, according to the draft plans discussed among EU diplomats last week. Th e loans would be available for a period of 12 months, though it could only be used to fi nance the emergency response.

Th e total available would be €80 billion and the loans would be for up to fi ve years, compared with up to 10 years for the credit lines. With consensus growing behind the credit lines, it is unlikely this instrument

will end up as part of the toolkit.

Joint bondsEleven euro-area countries have been pushing for joint debt issuance to fund the rebuilding eff ort. Such an instrument would ease pressure on highly indebted countries like Italy and, to a lesser extent, Spain and France and would reduce the risk of a backlash from bond investors.

Countries like Germany and the Netherlands have long opposed the idea of joint issuance. They argue that it would not solve the issue at hand and are wary that they could end up on the hook for spending in the poorer south.

While politically divisive, these pooled debt securities could help overcome one of the biggest hurdles facing the EU: How to drive more fi nancial integration and risk-shar-ing across the continent. ESM chief Klaus Regling has warned that setting up a new institution to issue joint debt could take up to three years, so it would be better to use an exist-ing institution such as the European Commission, the EIB or the bailout fund itself.

It is highly unlikely fi nance min-isters will reach an agreement on backing such an instrument at this point. — Bloomberg

1 9

TUESDAY APRIL 7, 2020 • THEED G E FINANCIAL DAILY

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

FBM KLCI 1,341.69 11.04 0.83FBM ACE 3,970.13 152.82 4.00FBM TOP 100 9,177.18 88.53 0.97FBM EMAS 9,275.19 99.81 1.09FBM MID 70 10,868.76 158.70 1.48FBM MIDS CAP 10,802.52 401.75 3.86FBM SMALL CAP 9,833.90 352.65 3.72FBM FLEDGLING 11,028.72 314.65 2.94FTSE4GOOD BURSA M’SIA 742.10 6.95 0.95FBM PALM OIL PLANTATION MYR N/A N/A N/AFBM EMAS SHARIAH 10,142.05 80.61 0.80FBM HIJRAH SHARIAH 11,655.14 55.17 0.48FBM MIDS CAP SHARIAH 10,291.33 386.37 3.90

INDICES CLOSE +/- %CHGCONSTRUCTION 146.68 4.32 3.03CONSUMER PRODUCTS & SERVICES 515.26 4.01 0.78ENERGY 726.68 30.58 4.39FINANCIAL SERVICES 12,244.30 192.31 1.60HEALTH CARE 1,292.79 14.55 1.14INDUSTRIAL PRODUCTS & SERVICES 105.94 0.70 0.67PLANTATION 6,132.65 -6.99 -0.11PROPERTY 562.98 8.88 1.60REAL ESTATE INVESTMENT TRUSTS 854.07 4.23 0.50TECHNOLOGY 31.12 1.08 3.60TELECOMMUNICATION & MEDIA 544.02 7.78 1.45TRANSPORTATION & LOGISTICS 554.96 13.25 2.45UTILITIES 877.99 16.87 1.96

INDICES CLOSE +/- %CHG

Sectorial Movement

CONSUMER PRODUCTS & SERVICES 0.945 0.530 0.665 0.640 0012 3A 0.665 0.030 154.5 0.653 11.12 3.01 327.2 0.250 0.040 0.070 0.065 5238 AAX 0.065 -0.005 21260.9 0.066 — — 269.6 0.435 0.220 0.320 0.295 7120 ACOSTEC 0.315 0.010 658.5 0.311 — — 61.3 1.830 0.910 1.080 1.050 6599 AEON 1.070 0.010 516.3 1.068 13.75 3.74 1,502.3 0.185 0.040 0.070 0.055 7315 AHB 0.070 0.015 13.1 0.055 — — 12.3 2.150 0.500 0.850 0.795 5099 AIRASIA 0.810 -0.020 39982 0.819 — 29.63 2,707.0 17.512 9.960 12.900 12.560 2658 AJI 12.880 0.160 19.4 12.646 14.03 3.65 783.1 5.991 4.500 4.960 4.790 6351 AMWAY 4.850 0.060 13.9 4.851 15.58 4.12 797.3 0.025 0.005 — — 5194 APFT 0.005 — — — 0.13 — 6.7 3.889 2.450 3.000 3.000 6432 APOLLO 3.000 UNCH 5 3.000 16.47 6.67 240.0 0.240 0.070 0.115 0.105 1481 ASB 0.115 0.005 8680.4 0.112 1.43 2.17 106.9 0.580 0.380 0.410 0.405 7722 ASIABRN 0.410 -0.010 39 0.409 7.85 — 95.4 2.486 1.300 1.700 1.700 7129 ASIAFLE 1.700 0.050 2 1.700 7.97 8.24 331.1 4.400 3.740 3.860 3.790 7048 ATLAN 3.860 -0.030 14 3.836 39.43 5.18 979.1 0.200 0.020 0.055 0.050 8885 AVI 0.055 0.005 1188.2 0.052 — — 51.9 34.678 9.260 10.660 10.420 4162 BAT 10.560 0.120 1244.4 10.577 8.73 11.17 3,015.2 2.688 0.935 1.170 1.130 5248 BAUTO 1.160 0.010 2912.6 1.154 8.58 9.44 1,349.7 1.773 1.000 1.170 1.160 5196 BJFOOD 1.160 UNCH 127.5 1.162 23.48 3.45 443.3 0.260 0.105 0.170 0.160 4219 BJLAND 0.170 0.005 1366.1 0.166 — — 850.1 2.691 1.940 2.260 2.200 1562 BJTOTO 2.220 -0.040 1076.1 2.229 14.21 7.21 2,999.3 1.344 0.320 0.500 0.485 9288 BONIA 0.485 UNCH 187.4 0.490 4.94 4.12 97.8 0.390 0.070 0.130 0.125 9474 BRAHIMS 0.130 -0.005 605.9 0.130 — — 30.7 0.625 0.195 0.280 0.260 7174 CAB 0.270 0.005 1076.6 0.269 — 0.93 186.4 0.585 0.185 0.230 0.205 7154 CAELY 0.230 0.030 66.7 0.205 — — 37.8 0.305 0.170 — — 7128 CAMRES 0.205 — — — 410 — 40.3 2.600 1.811 2.580 2.580 5245 CARING 2.580 UNCH 33.2 2.580 28.01 2.33 561.7 38.959 17.247 24.700 24.120 2836 CARLSBG 24.400 0.080 333.7 24.379 25.63 3.68 7,460.3 2.140 1.150 1.280 1.250 2925 CCB 1.270 -0.030 111 1.273 — — 127.9 0.637 0.300 0.490 0.460 7035 CCK 0.490 0.030 3747.9 0.477 9.18 2.55 309.1 0.330 0.180 0.270 0.270 7209 CHEETAH 0.270 0.035 25 0.270 18.75 1.48 34.5 1.480 0.820 1.200 1.100 2828 CIHLDG 1.200 0.100 5.4 1.176 6.29 6.67 194.4 0.095 0.030 — — 5104 CNI 0.035 — — — — 8.57 25.2 0.050 0.020 — — 5188 CNOUHUA 0.020 — — — 100 — 13.4 2.114 1.390 1.740 1.680 7205 COCOLND 1.740 0.060 10.2 1.681 10.71 6.61 398.1 1.026 0.552 0.600 0.590 7202 CSCENIC 0.600 0.015 46.5 0.597 11.58 8.33 72.3 0.491 0.240 — — 9423 CWG 0.345 — — — 13.69 4.35 43.6 0.035 0.020 0.025 0.020 7179 DBE 0.025 0.005 435.7 0.023 7.58 — 70.9 1.130 0.760 1.030 1.030 7119 DEGEM 1.030 -0.010 47 1.030 30.56 — 138.0 2.990 1.680 2.100 2.080 5908 DKSH 2.080 UNCH 23.3 2.094 8.39 4.81 327.9 63.855 34.000 44.020 43.000 3026 DLADY 43.500 0.500 5.9 43.762 27.02 2.30 2,784.0 2.962 0.980 1.350 1.300 1619 DRBHCOM 1.320 0.010 3227.8 1.325 5.24 2.27 2,551.9 0.120 0.035 0.055 0.045 2097 EASTLND 0.055 0.010 80.3 0.049 — — 17.8 0.634 0.390 — — 5081 EIG 0.470 — — — 14.97 6.38 111.5 0.065 0.020 — — 7182 EKA 0.030 — — — — — 9.4 0.250 0.080 0.115 0.110 9091 EMICO 0.115 0.005 105 0.113 5.35 — 12.1 1.120 0.720 0.870 0.850 7149 ENGKAH 0.850 UNCH 1.7 0.852 77.98 7.06 60.1 0.630 0.080 0.630 0.600 7208 EURO 0.610 0.010 1554.1 0.613 — — 163.1 0.500 0.320 — — 7094 EUROSP 0.450 — — — — — 20.0 36.213 24.120 31.000 30.220 3689 F&N 31.000 UNCH 55.6 30.935 27.35 1.94 11,370.1 0.740 0.560 — — 2755 FCW 0.560 — — — 8.92 17.86 140.0 0.518 0.350 0.435 0.425 6939 FIAMMA 0.435 0.015 405 0.433 8.27 4.60 221.9 0.471 0.100 0.165 0.165 8605 FIHB 0.165 UNCH 0.4 0.165 2.35 — 18.0 1.680 0.997 1.260 1.200 9172 FPI 1.230 -0.030 594.7 1.237 7.32 8.94 304.3 3.720 0.740 1.740 1.600 7184 G3 1.700 0.040 365 1.685 — — 795.7 3.260 1.500 2.160 2.060 5102 GCB 2.120 0.030 1459.3 2.117 8.04 1.18 2,139.2 0.500 0.300 0.310 0.310 5592 GCE 0.310 0.005 25 0.310 — — 61.1 3.790 1.830 2.120 2.030 4715 GENM 2.080 0.050 22530 2.076 8.42 5.29 12,351.1 6.830 2.910 3.930 3.780 3182 GENTING 3.900 0.130 6282.3 3.868 7.52 3.21 15,119.9 0.360 0.035 0.070 0.060 5079 GETS 0.070 UNCH 92 0.065 — — 8.8 0.165 0.070 0.085 0.080 0136 GREENYB 0.085 UNCH 756.2 0.082 — 1.88 28.4 2.624 1.120 1.400 1.360 7668 HAIO 1.390 UNCH 210.9 1.388 12.21 8.63 417.4 3.920 2.890 3.080 3.050 5008 HARISON 3.050 0.100 6 3.075 8.32 6.56 208.9 0.155 0.030 0.040 0.040 5187 HBGLOB 0.040 UNCH 302 0.040 2.19 — 18.7 31.740 17.300 21.600 21.320 3255 HEIM 21.460 0.280 220.9 21.448 20.71 5.03 6,483.0 11.401 6.040 7.780 7.700 3301 HLIND 7.780 0.080 21 7.708 7.83 6.36 2,551.1 0.738 0.355 0.475 0.455 5160 HOMERIZ 0.465 0.005 480 0.467 5.56 6.45 139.5 0.936 0.745 0.900 0.890 5024 HUPSENG 0.895 0.005 344.3 0.896 17.24 6.70 716.0 0.350 0.150 0.275 0.220 8478 HWATAI 0.250 0.055 385.2 0.228 — — 18.7 0.490 0.160 0.200 0.195 9113 ICONIC 0.195 -0.010 310 0.200 — — 63.1 0.800 0.055 0.075 0.070 7243 IMPIANA 0.075 0.005 278 0.071 7.81 — 57.6 0.716 0.242 0.320 0.305 5295 INNATURE 0.320 0.020 2196.3 0.313 6.71 — 225.9 1.210 0.210 0.320 0.320 5107 IQGROUP 0.320 UNCH 4 0.320 — — 28.2 0.075 0.025 0.035 0.030 7223 JADI 0.030 -0.005 832.6 0.034 — — 31.1 1.150 0.680 0.745 0.720 7152 JAYCORP 0.745 0.015 162.6 0.734 5.31 13.42 102.3 0.420 0.130 0.155 0.140 8931 JERASIA 0.150 0.010 136.2 0.149 8.24 — 12.3 1.873 0.980 1.370 1.260 7167 JOHOTIN 1.320 0.060 1007.8 1.323 8.43 4.85 409.8 0.380 0.120 — — 8672 KAMDAR 0.250 — — — 277.7 — 49.5 0.643 0.260 0.425 0.405 5247 KAREX 0.420 0.005 5406.3 0.417 — 1.19 421.0 1.654 0.815 1.120 1.070 7216 KAWAN 1.100 0.030 475.8 1.103 33.23 2.27 395.5 0.642 0.165 0.310 0.290 6203 KHEESAN 0.305 0.015 1409.7 0.303 — 3.28 34.9 1.750 1.250 — — 7062 KHIND 1.550 — — — 33.33 — 62.1 3.110 0.295 1.770 1.710 7130 KPOWER 1.750 0.030 1688.8 1.740 30.17 — 146.6 0.120 0.035 0.080 0.080 5172 KSTAR 0.080 UNCH 269 0.080 — — 35.6 0.170 0.025 0.050 0.045 4847 KTB 0.050 0.005 340.9 0.048 — — 20.1 0.630 0.200 0.270 0.260 1643 LANDMRK 0.260 UNCH 361 0.260 — — 137.5 3.989 1.800 2.000 1.870 7006 LATITUD 1.900 UNCH 69.3 1.890 57.06 3.16 184.7 0.530 0.160 0.340 0.330 9385 LAYHONG 0.340 0.015 8545.4 0.335 11.56 1.47 224.5 0.893 0.325 0.440 0.430 8079 LEESK 0.440 -0.030 0.9 0.438 8.84 5.68 73.8 1.161 0.430 0.585 0.550 6633 LHI 0.575 0.015 2539.5 0.570 13.47 — 2,098.8 3.181 1.570 1.930 1.880 7089 LIIHEN 1.880 -0.010 596.3 1.901 4.32 8.24 338.4 0.395 0.010 — — 7126 LONBISC 0.020 — — — — — 5.8 0.170 0.080 0.110 0.105 8303 LOTUS 0.105 0.005 486.3 0.105 — — 72.4 1.360 0.968 1.130 1.100 7085 LTKM 1.120 0.080 18.7 1.114 7.66 1.34 145.7 2.644 1.211 1.700 1.620 7087 MAGNI 1.690 0.070 629.9 1.663 6.22 5.80 733.4 2.792 1.700 2.020 1.930 3859 MAGNUM 2.010 0.090 1943.5 1.973 11.98 7.96 2,889.9 0.130 0.080 0.095 0.090 3514 MARCO 0.090 UNCH 750.5 0.091 5.96 3.33 94.9 1.360 0.748 1.300 1.300 5886 MBG 1.300 UNCH 0.2 1.300 1857 1.15 79.0 4.372 2.500 2.770 2.710 5983 MBMR 2.740 -0.010 276.3 2.736 4.68 4.74 1,071.0 0.530 0.155 0.185 0.170 7234 MESB 0.180 0.010 801.5 0.175 3.29 — 16.4 0.802 0.335 0.510 0.450 3662 MFLOUR 0.495 0.045 4957.5 0.493 10.47 6.06 498.7 0.900 0.700 — — 7935 MILUX 0.850 — — — — — 49.9 0.120 0.015 0.025 0.020 5166 MINDA 0.025 UNCH 575.8 0.024 — — 31.0 1.780 0.230 0.415 0.355 5202 MSM 0.405 0.050 35659.6 0.394 — — 284.7 0.255 0.050 0.085 0.070 3891 MUIIND 0.080 UNCH 11172.6 0.079 — — 234.6 2.440 1.100 1.220 1.200 3905 MULPHA 1.220 0.010 271 1.214 — — 389.9 1.480 0.575 0.710 0.690 5275 MYNEWS 0.705 UNCH 165.1 0.705 20.26 1.42 480.9 149.90 120.00 137.50 135.80 4707 NESTLE 136.800 0.100 42.9 136.658 47.67 2.05 32,079.6 2.828 1.900 1.930 1.900 7060 NHFATT 1.910 0.010 53.1 1.913 10.62 5.24 157.9 0.075 0.020 0.040 0.035 7139 NICE 0.040 UNCH 160.3 0.035 — — 28.1 0.250 0.055 0.075 0.075 7215 NIHSIN 0.075 UNCH 294.8 0.075 — — 24.1 0.560 0.287 0.385 0.375 5066 NTPM 0.385 0.010 989.9 0.383 — 4.16 432.4 0.580 0.300 0.410 0.410 5533 OCB 0.410 -0.010 37 0.410 — — 42.2 0.820 0.290 0.420 0.385 0049 OCNCASH 0.415 0.025 10168.9 0.405 14.31 3.49 101.8 0.882 0.450 0.600 0.555 7107 OFI 0.600 0.040 54.2 0.563 12.47 3.00 144.0 0.135 0.050 0.070 0.065 3018 OLYMPIA 0.070 0.005 71.4 0.069 — — 71.6 6.580 4.500 4.970 4.900 4006 ORIENT 4.970 0.020 105 4.950 8.79 5.23 3,083.4 0.740 0.155 0.265 0.230 5260 OWG 0.260 0.025 657.7 0.249 — — 74.1 3.956 1.780 2.090 2.050 7052 PADINI 2.060 0.020 1389.6 2.067 8.24 4.85 1,355.3 39.747 22.820 27.000 26.600 3719 PANAMY 26.980 0.320 11.7 26.939 14.99 8.38 1,638.9 0.446 0.270 0.290 0.290 5022 PAOS 0.290 UNCH 15 0.290 — 5.52 52.5 0.350 0.180 0.225 0.210 9407 PARAGON 0.225 -0.005 12.2 0.217 4.34 — 15.8 0.280 0.065 0.085 0.080 5657 PARKSON 0.080 UNCH 1711.8 0.080 — — 87.5 0.622 0.160 0.230 0.210 6068 PCCS 0.225 0.015 2284.4 0.222 3.72 6.67 47.3 0.590 0.185 0.305 0.280 5231 PELIKAN 0.300 0.015 5558.6 0.297 18.40 — 182.4 0.420 0.190 0.200 0.200 9997 PENSONI 0.200 -0.010 5.6 0.200 — — 25.9 1.070 0.480 0.835 0.790 7080 PERMAJU 0.795 -0.030 5281.7 0.807 — — 155.8 26.046 17.500 20.580 20.100 5681 PETDAG 20.100 -0.400 347.5 20.288 24.06 3.48 19,968.4 0.149 0.075 — — 4081 PMCORP 0.090 — — — — 5.56 69.6 0.130 0.045 0.090 0.080 1287 PMHLDG 0.090 0.010 13218.6 0.084 — — 83.6 0.702 0.300 0.380 0.365 5080 POHKONG 0.380 0.010 1157.5 0.373 4.58 3.16 155.9 1.558 0.690 0.800 0.755 7088 POHUAT 0.795 0.035 387.4 0.779 3.80 8.81 194.3 19.960 15.000 16.740 15.940 4065 PPB 16.320 0.120 415.9 16.238 20.14 1.90 23,216.8 1.300 0.055 0.205 0.170 7168 PRG 0.190 -0.015 19710.6 0.183 — — 78.9 1.100 0.305 0.620 0.465 8966 PRLEXUS 0.575 0.120 3392.3 0.559 14.71 1.39 104.1 0.259 0.125 0.180 0.160 0186 PTRANS 0.180 0.015 17410.9 0.169 6.45 6.94 256.1 0.846 0.350 0.470 0.420 7134 PWF 0.470 0.035 58.5 0.442 12.50 4.26 81.8 2.398 1.275 1.920 1.890 7237 PWROOT 1.900 UNCH 219.8 1.901 17.32 4.68 780.1

8.650 6.461 7.910 7.780 7084 QL 7.900 UNCH 471.3 7.873 53.49 0.57 12,817.3 0.420 0.220 — — 9946 REX 0.260 — — — — — 64.1 0.215 0.100 0.140 0.125 0037 RGB 0.140 0.015 18225.9 0.134 5.45 2.14 216.8 0.845 0.590 0.630 0.620 5278 RHONEMA 0.620 -0.015 31.4 0.622 13.05 4.84 121.3 1.014 0.255 0.435 0.390 0183 SALUTE 0.415 0.025 12759.2 0.413 — 5.78 161.0 0.400 0.080 0.150 0.140 5157 SAUDEE 0.145 0.005 369.4 0.146 — — 19.9 0.640 0.586 0.615 0.610 9792 SEG 0.610 -0.005 584 0.610 16.14 4.10 771.4 1.560 1.210 1.390 1.330 5250 SEM 1.360 UNCH 576.9 1.360 28.81 1.76 1,677.4 0.980 0.440 0.610 0.605 7180 SERNKOU 0.605 -0.005 6.6 0.606 8.20 — 154.1 5.865 4.200 4.290 4.200 5517 SHANG 4.290 0.060 22 4.209 29.81 3.50 1,887.6 0.550 0.275 0.310 0.310 7412 SHH 0.310 UNCH 5 0.310 — — 15.5 0.552 0.155 0.490 0.400 7246 SIGN 0.450 0.075 4571.6 0.454 69.23 2.22 108.1 2.370 1.560 1.830 1.790 4197 SIME 1.820 0.020 4315.7 1.818 13.27 4.95 12,378.6 0.405 0.080 0.110 0.100 8532 SINOTOP 0.110 0.020 105.5 0.108 — — 43.4 0.215 0.060 — — 9776 SMCAP 0.090 — — — 2.50 — 19.2 0.400 0.185 0.225 0.210 7943 SNC 0.225 0.005 54.5 0.220 — — 14.9 0.375 0.200 0.280 0.265 5242 SOLID 0.270 0.005 4145.1 0.274 62.79 — 106.8 2.400 1.700 1.920 1.910 7103 SPRITZER 1.920 0.020 8.3 1.915 12.89 1.82 403.2 0.775 0.250 0.350 0.325 7186 SWSCAP 0.350 0.010 36 0.339 — — 63.8 0.230 0.140 0.150 0.150 7082 SYF 0.150 -0.005 980.6 0.150 — — 92.9 0.365 0.200 — — 7211 TAFI 0.280 — — — — — 22.4 1.605 0.980 1.050 1.000 4405 TCHONG 1.040 0.020 57.1 1.030 15.55 3.85 698.9 1.500 0.770 0.830 0.810 7439 TECGUAN 0.810 -0.040 73 0.812 2.94 — 32.5 0.340 0.115 0.160 0.150 7200 TEKSENG 0.160 0.015 360 0.158 — — 57.7 1.387 0.650 1.030 1.000 7252 TEOSENG 1.020 0.020 1028.3 1.013 5.17 5.88 306.0 1.386 0.899 — — 9369 TGL 0.960 — — — 5.95 5.21 39.1 0.600 0.240 0.310 0.290 7230 TOMEI 0.310 0.020 89.6 0.302 4.92 3.23 43.0 0.450 0.190 — — 7176 TPC 0.265 — — — 29.78 — 62.0 5.647 1.650 2.080 2.010 4588 UMW 2.050 0.030 2416.3 2.046 5.45 0.98 2,395.0 2.300 1.740 — — 7757 UPA 1.900 — — — 13.25 4.21 151.2 0.970 0.100 0.280 0.250 7240 VERTICE 0.275 0.025 285.7 0.259 — — 51.9 1.127 0.680 0.780 0.725 7203 WANGZNG 0.780 UNCH 44.8 0.766 10.66 5.13 124.8 2.250 1.390 — — 5016 WARISAN 1.500 — — — — 2.67 100.8 0.175 0.070 0.085 0.075 5156 XDL 0.080 -0.005 32211 0.080 8.51 — 144.4 0.730 0.200 0.260 0.255 7121 XIANLNG 0.260 -0.005 95 0.257 — — 20.8 2.340 1.700 — — 5584 YEELEE 1.750 — — — 14.16 2.29 335.3 1.147 0.430 0.570 0.540 5159 YOCB 0.565 0.040 475 0.559 5.68 8.85 90.4 1.583 0.950 1.010 0.990 5131 ZHULIAN 1.000 0.005 377.8 0.998 9.29 8.00 460.0INDUSTRIAL PRODUCTS & SERVICES 0.095 0.040 0.060 0.060 7086 ABLEGRP 0.060 0.010 1 0.060 — — 15.8 2.400 1.680 2.000 1.910 9148 ADVPKG 1.910 -0.070 0.3 1.970 — 3.14 39.2 0.130 0.040 0.060 0.055 7146 AEM 0.055 UNCH 40 0.059 — — 18.1 0.710 0.280 0.285 0.285 5198 AFUJIYA 0.285 -0.015 201 0.285 27.67 — 51.3 0.330 0.160 0.230 0.210 2682 AISB 0.225 0.025 21.3 0.222 — — 32.5 0.575 0.200 0.320 0.295 7609 AJIYA 0.310 0.025 421.5 0.305 18.24 — 94.4 0.575 0.180 0.480 0.455 2674 ALCOM 0.455 -0.020 174.6 0.465 182.00 — 61.1 1.139 0.815 — — 7083 ANALABS 0.840 — — — 17.91 3.57 100.8 0.770 0.380 0.580 0.520 4758 ANCOM 0.580 0.040 386.7 0.568 24.07 — 139.7 1.814 0.415 0.640 0.560 6556 ANNJOO 0.615 0.045 5283.2 0.605 — 19.51 344.3 0.050 0.010 0.020 0.015 9342 ANZO 0.020 0.005 2497.5 0.015 — — 17.6 0.650 0.355 — — 5568 APB 0.450 — — — — — 50.8 2.937 1.500 1.630 1.590 5015 APM 1.630 0.020 157.8 1.614 11.70 7.36 328.6 0.565 0.270 0.400 0.325 7214 ARANK 0.365 -0.025 79.7 0.348 5.51 6.85 62.1 0.605 0.095 0.165 0.155 7181 ARBB 0.160 UNCH 5626.5 0.160 0.94 — 47.0 0.750 0.370 0.495 0.450 7162 ASTINO 0.490 0.060 10.8 0.452 5.34 2.04 134.3 1.850 0.665 0.860 0.795 8176 ATAIMS 0.830 0.035 711 0.823 10.21 3.96 999.6 0.630 0.375 — — 7099 ATTA 0.445 — — — 4.06 — 94.9 0.766 0.195 0.345 0.310 7579 AWC 0.325 0.020 5373.4 0.328 6.20 4.62 97.1 0.338 0.115 0.165 0.150 5021 AYS 0.160 UNCH 103 0.157 — 12.50 60.9 0.470 0.170 0.210 0.210 7005 BIG 0.210 0.005 10 0.210 — — 11.1 0.150 0.040 0.070 0.055 6998 BINTAI 0.065 0.010 503.8 0.062 7.39 — 18.8 0.280 0.170 0.215 0.210 3395 BJCORP 0.215 UNCH 11130 0.213 — — 1,121.2 0.766 0.300 0.455 0.440 0168 BOILERM 0.455 0.005 313.7 0.448 8.54 4.40 234.8 0.050 0.010 0.025 0.020 7036 BORNOIL 0.020 UNCH 8410.3 0.022 — — 106.8 1.240 0.815 — — 6297 BOXPAK 0.850 — — — — — 102.0 1.069 0.610 0.870 0.840 5100 BPPLAS 0.860 0.010 51.9 0.858 7.62 6.98 161.4 0.560 0.095 0.185 0.170 9938 BRIGHT 0.185 0.005 2395.8 0.179 23.13 — 38.0 0.390 0.080 0.125 0.125 7221 BSLCORP 0.125 -0.015 14 0.125 — — 12.3 1.400 0.345 0.475 0.415 2771 BSTEAD 0.435 0.015 2458.2 0.439 — 11.49 881.7 0.230 0.050 0.095 0.090 7188 BTM 0.095 UNCH 136 0.095 — — 13.4 3.941 1.600 2.320 2.180 5105 CANONE 2.260 0.080 136.2 2.227 0.62 1.77 434.3 0.015 0.010 — — 5229 CAP 0.010 — — — — — 13.6 1.250 0.680 0.840 0.820 7076 CBIP 0.835 0.015 48.1 0.832 11.91 3.59 449.4 2.120 0.590 0.890 0.805 2879 CCM 0.865 0.070 2371.1 0.854 9.07 5.78 145.1 0.885 0.400 — — 8435 CEPCO 0.705 — — — — — 52.6 1.240 1.080 1.080 1.080 8044 CFM 1.080 -0.010 15 1.080 — — 44.3 0.600 0.330 0.370 0.370 8052 CGB 0.370 -0.040 17.2 0.370 — — 33.3 0.902 0.392 0.510 0.490 5273 CHINHIN 0.510 0.015 263.3 0.499 14.70 3.92 283.8 1.884 0.680 0.870 0.855 5007 CHINWEL 0.855 UNCH 276.6 0.860 7.18 5.67 256.1 1.652 0.700 0.840 0.820 5797 CHOOBEE 0.830 0.030 40.8 0.823 — 6.02 109.3 0.500 0.180 0.220 0.220 7016 CHUAN 0.220 UNCH 15 0.220 — 5.00 37.1 0.045 0.020 0.020 0.020 7018 CME 0.020 UNCH 3700 0.020 — — 11.7 3.824 0.830 1.260 1.190 2852 CMSB 1.220 0.040 17842 1.224 8.17 6.07 1,310.7 0.500 0.340 — — 7986 CNASIA 0.380 — — — — — 19.0 0.310 0.050 — — 7195 COMCORP 0.090 — — — — — 12.6 1.020 0.605 0.880 0.795 2127 COMFORT 0.870 0.005 2527 0.863 14.90 1.72 507.2 0.030 0.010 0.015 0.010 5037 COMPUGT 0.015 UNCH 291 0.012 — — 37.6 1.190 0.540 0.715 0.690 5094 CSCSTEL 0.710 0.025 1883.3 0.703 7.54 5.63 269.8 0.473 0.270 0.310 0.300 7157 CYL 0.310 0.010 6 0.302 193.75 8.06 31.0 0.360 0.230 — — 5082 CYMAO 0.230 — — — — — 17.3 1.677 0.605 0.855 0.800 5184 CYPARK 0.850 0.040 1573.1 0.831 4.24 4.59 397.3 2.600 1.450 1.950 1.830 8125 DAIBOCI 1.890 0.040 190 1.882 22.80 — 619.7 0.639 0.230 0.360 0.330 5276 DANCO 0.345 -0.005 141.6 0.339 7.34 5.07 104.9 0.335 0.055 0.135 0.125 7212 DESTINI 0.135 0.005 3466.1 0.132 — — 166.1 0.660 0.185 0.235 0.235 7114 DNONCE 0.235 0.010 0.4 0.235 111.90 — 61.6 0.280 0.025 0.075 0.055 5835 DOLMITE 0.065 UNCH 2522 0.064 — — 20.4 0.180 0.025 0.055 0.055 5265 DOLPHIN 0.055 -0.005 3501.4 0.055 — — 13.4 1.289 0.905 0.990 0.905 7169 DOMINAN 0.935 -0.015 45.4 0.925 9.80 5.35 154.5 5.000 1.823 3.190 3.010 7233 DUFU 3.090 0.080 3255.7 3.087 17.62 1.16 813.3 2.000 0.100 0.220 0.175 7165 DWL 0.205 0.040 1530.9 0.198 — — 47.7 0.095 0.025 0.045 0.040 5178 DYNACIA 0.045 UNCH 156 0.041 — — 24.1 3.459 1.880 2.600 2.560 1368 EDGENTA 2.600 0.040 28.8 2.586 11.89 5.38 2,162.2 0.260 0.050 — — 0064 EFFICEN 0.080 — — — — — 56.7 0.500 0.195 0.270 0.255 8907 EG 0.270 0.015 86.9 0.261 7.78 — 74.3 1.533 1.020 1.090 1.070 5208 EITA 1.070 -0.020 108.8 1.074 5.50 5.61 139.1 0.815 0.385 0.440 0.405 9016 EKSONS 0.440 0.005 6.1 0.411 — 11.36 72.3 0.530 0.155 0.260 0.250 7217 EMETALL 0.250 0.010 205 0.256 13.81 — 47.1 0.897 0.460 0.620 0.580 5056 ENGTEX 0.605 0.025 1136.6 0.596 — 1.24 268.2 0.405 0.215 0.235 0.215 7773 EPMB 0.235 UNCH 3 0.225 — — 39.0 0.405 0.090 0.195 0.150 5101 EVERGRN 0.175 0.030 24259.9 0.178 — 2.74 148.1 1.440 1.000 1.100 1.090 2984 FACBIND 1.090 UNCH 66.7 1.090 93.97 0.92 92.8 3.020 1.710 2.010 1.880 7229 FAVCO 1.980 0.030 45.4 1.960 5.42 6.82 443.4 0.427 0.200 — — 0149 FIBON 0.260 — — — 10.53 2.77 25.5 1.830 1.010 1.250 1.150 3107 FIMACOR 1.180 -0.070 10.2 1.248 13.67 10.59 289.4 0.482 0.154 0.230 0.215 9318 FITTERS 0.225 0.005 1946.9 0.222 24.73 — 108.1 1.636 0.610 0.685 0.680 5197 FLBHD 0.685 -0.015 54.3 0.685 — 21.17 73.2 1.010 0.295 0.630 0.585 5277 FPGROUP 0.615 0.030 32848.3 0.610 20.92 1.95 333.4 0.685 0.280 0.360 0.280 7197 GESHEN 0.355 -0.005 19 0.312 — — 28.4 0.515 0.180 0.290 0.275 5220 GLOTEC 0.275 -0.015 505 0.283 — — 74.0 0.240 0.115 0.145 0.140 7192 GOODWAY 0.145 0.010 125.2 0.144 — — 22.9 0.145 0.070 0.070 0.070 7096 GPA 0.070 -0.005 9 0.070 700 — 68.6 0.305 0.100 0.125 0.120 5649 GPHAROS 0.125 0.005 40 0.124 — 10.16 17.1 0.525 0.160 0.280 0.255 3247 GUH 0.280 0.025 126 0.276 15.56 — 77.8 10.080 6.700 7.190 7.030 3034 HAPSENG 7.040 -0.100 673.9 7.091 15.07 4.97 17,527.4 0.666 0.223 0.350 0.310 5095 HEVEA 0.335 0.025 12822.6 0.334 13.40 13.13 190.2 0.835 0.475 0.505 0.495 5151 HEXTAR 0.500 UNCH 341.7 0.500 — 8.76 410.3 0.845 0.590 0.725 0.695 3298 HEXZA 0.720 0.030 153.6 0.707 17.69 6.94 144.3 0.288 0.090 0.130 0.115 5072 HIAPTEK 0.130 0.015 4792.2 0.126 18.06 3.85 174.7 1.260 0.895 — — 7033 HIGHTEC 0.895 — — — 9.74 3.91 36.3 0.605 0.415 — — 8443 HIL 0.530 — — — 8.23 3.30 177.0 0.810 0.340 0.425 0.420 5165 HOKHENG 0.420 -0.005 56 0.420 — — 37.0 0.572 0.260 0.305 0.290 5291 HPMT 0.305 UNCH 595.4 0.295 — 2.46 100.2 1.290 0.250 0.415 0.370 0185 HSSEB 0.410 0.035 757.4 0.397 186.36 — 203.3 1.860 0.647 1.080 1.010 5000 HUMEIND 1.030 0.020 711 1.050 — — 512.1 0.140 0.060 0.125 0.115 9601 HWGB 0.125 0.020 6482.1 0.121 — — 57.5 2.286 1.854 2.140 2.100 7222 IMASPRO 2.130 -0.020 749.3 2.126 48.74 1.64 170.4 0.530 0.185 — — 5673 IPMUDA 0.220 — — — — — 15.9 0.160 0.040 0.060 0.060 7183 IQZAN 0.060 0.010 5 0.060 1.97 — 11.1 1.250 0.800 — — 7043 JADEM 0.800 — — — — — 101.4 0.125 0.065 0.075 0.075 8648 JASKITA 0.075 0.010 144 0.075 — — 33.7 1.560 1.150 — — 0058 JCBNEXT 1.150 — — — 15.93 3.48 158.5 0.195 0.050 0.080 0.070 9083 JETSON 0.070 -0.005 43.2 0.072 — — 14.8 0.200 0.085 0.135 0.130 0054 KARYON 0.130 0.005 154 0.130 8.78 3.46 61.8 0.597 0.270 — — 7199 KEINHIN 0.270 — — — 8.28 3.70 29.4 1.707 0.985 1.180 1.150 6491 KFIMA 1.170 0.040 49.9 1.167 10.10 7.69 330.2 1.430 0.590 0.925 0.875 0151 KGB 0.900 0.010 976.5 0.906 11.31 2.00 280.3 0.300 0.110 — — 6211 KIALIM 0.145 — — — — — 9.0 1.250 0.700 0.740 0.730 5371 KIMHIN 0.740 UNCH 20.7 0.731 — — 115.2 0.010 0.005 — — 5060 KINSTEL 0.005 — — — 25.00 — 5.2 2.370 1.172 1.550 1.480 9466 KKB 1.530 0.050 269.3 1.519 8.16 2.61 394.4 0.850 0.430 — — 5035 KNUSFOR 0.490 — — — 2.92 — 48.8 2.040 1.230 1.420 1.390 6971 KOBAY 1.390 0.010 12.7 1.411 6.75 2.16 141.9 0.390 0.150 0.215 0.200 7017 KOMARK 0.210 0.010 18239 0.208 — — 43.2 1.269 0.265 0.395 0.365 5843 KPS 0.395 0.035 1030.4 0.386 7.60 10.76 212.3 0.540 0.265 — — 9121 KPSCB 0.360 — — — 8.18 — 53.2 4.858 3.300 3.500 3.410 3476 KSENG 3.500 0.090 14.2 3.447 14.22 2.86 1,265.2 0.590 0.200 — — 5192 KSSC 0.240 — — — — 2.08 23.0 0.450 0.150 0.245 0.205 6874 KUB 0.245 0.040 4496.4 0.230 7.88 4.08 136.3 0.400 0.180 — — 8362 KYM 0.200 — — — — — 30.0 0.615 0.260 0.360 0.350 9326 LBALUM 0.360 0.010 119 0.357 5.83 4.17 89.5 3.929 0.975 1.230 1.180 5284 LCTITAN 1.200 0.020 13436 1.202 6.20 5.83 2,769.3 0.508 0.200 0.285 0.255 5232 LEONFB 0.285 0.005 111.7 0.268 15.75 5.26 88.4 0.260 0.060 0.115 0.105 8745 LEWEKO 0.115 0.010 306.1 0.107 — — 37.0 0.300 0.090 — — 7170 LFECORP 0.130 — — — 144 — 29.2 0.665 0.120 0.200 0.165 4235 LIONIND 0.200 0.030 22254 0.185 — — 143.6 0.475 0.185 0.290 0.250 8486 LIONPSIM 0.290 0.005 28.9 0.289 6.17 — 67.2 0.360 0.185 0.205 0.190 9881 LSTEEL 0.190 -0.005 741.6 0.200 — — 24.3 0.105 0.050 0.055 0.055 5068 LUSTER 0.055 UNCH 973 0.055 11.46 — 114.2

* 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 0 TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY



0.600 0.330 0.445 0.430 5143 LUXCHEM 0.445 0.015 406.4 0.441 10.42 5.06 398.6 2.700 2.000 — — 9199 LYSAGHT 2.250 — — — 10.20 3.11 93.6 0.590 0.170 0.275 0.240 5098 MASTEEL 0.270 0.025 2692.8 0.266 — — 122.2 3.200 0.605 1.650 1.580 7029 MASTER 1.610 0.030 3624 1.609 5.60 2.17 87.9 1.490 0.920 1.060 1.000 5152 MBL 1.060 0.050 124.3 1.020 5.51 4.25 113.9 0.750 0.285 0.320 0.305 7004 MCEHLDG 0.310 -0.070 67.8 0.311 — — 13.8 4.570 1.300 2.100 1.890 3794 MCEMENT 2.080 0.210 1156.3 2.036 — — 1,767.4 0.385 0.090 0.175 0.160 3778 MELEWAR 0.175 0.010 2976.4 0.170 1.85 — 62.9 0.680 0.240 — — 5223 MENTIGA 0.250 — — — 5.67 — 17.5 1.738 1.080 — — 6149 METROD 1.300 — — — 28.20 4.62 156.0 0.360 0.180 0.240 0.215 5001 MIECO 0.225 0.010 2045.1 0.225 72.58 — 118.1 0.200 0.050 0.200 0.170 7219 MINETEC 0.195 0.025 136905 0.185 — — 179.7 0.400 0.155 0.215 0.200 5576 MINHO 0.205 0.010 521.5 0.205 27.70 5.61 69.8 0.998 0.440 0.555 0.535 5916 MSC 0.555 0.020 135.4 0.543 6.61 3.60 222.0 0.085 0.015 0.025 0.020 0043 MTRONIC 0.025 0.005 4383 0.025 — — 31.1 1.836 0.835 1.090 1.070 3883 MUDA 1.070 0.010 110.5 1.078 8.29 4.21 326.4 0.505 0.140 0.210 0.180 5087 MYCRON 0.210 0.025 53 0.199 — — 68.7 0.485 0.140 0.260 0.195 7241 NGGB 0.245 0.055 2333.8 0.236 — — 130.3 0.230 0.065 0.150 0.125 5025 NWP 0.130 -0.025 239.7 0.133 — — 56.1 0.697 0.330 0.440 0.430 4944 NYLEX 0.435 0.010 35 0.435 — 4.60 84.5 0.825 0.380 0.525 0.505 7140 OKA 0.520 0.005 196.5 0.517 10.26 7.50 127.6 1.420 0.700 0.935 0.890 5065 ORNA 0.935 0.035 328.6 0.922 5.25 3.21 70.4 0.075 0.035 0.045 0.040 7225 PA 0.040 -0.005 3383.3 0.045 16.00 — 89.8 0.690 0.421 0.655 0.635 8419 PANSAR 0.645 0.005 9698.6 0.644 29.05 1.55 298.0 0.562 0.246 0.355 0.335 5125 PANTECH 0.355 0.020 1114.4 0.349 6.66 5.63 266.6 8.936 4.000 4.850 4.730 5183 PCHEM 4.780 -0.020 7882.7 4.794 13.56 3.77 38,240 1.222 0.649 0.750 0.740 5271 PECCA 0.745 0.005 52.5 0.748 8.46 8.72 140.1 4.778 2.820 3.280 3.260 5436 PERSTIM 3.260 -0.020 6.7 3.271 9.87 9.20 323.7 1.530 0.600 0.885 0.870 5219 PESTECH 0.885 0.005 339.9 0.876 8.26 — 676.4 0.145 0.060 0.075 0.070 7201 PICORP 0.075 0.005 313.5 0.075 25.86 6.67 49.4 1.650 0.720 1.140 1.070 7095 PIE 1.140 0.090 545.6 1.111 11.97 2.11 437.8 0.310 0.105 0.110 0.110 7163 PJBUMI 0.110 UNCH 3 0.110 15.28 — 9.0 3.443 2.400 — — 7172 PMBTECH 2.880 — — — 20.59 0.69 604.2 5.216 2.740 3.270 3.210 8869 PMETAL 3.230 -0.020 5392.8 3.232 27.56 1.55 13,043.1 0.530 0.360 0.460 0.400 6637 PNEPCB 0.460 0.015 1098.4 0.459 — — 60.5 0.475 0.200 — — 8117 POLY 0.200 — — — 13.42 — 32.0 1.400 0.325 0.650 0.605 8273 PPHB 0.630 0.015 5373.2 0.629 5.03 0.40 118.8 0.738 0.210 0.285 0.270 9873 PRESTAR 0.285 0.025 48 0.280 16.57 5.26 58.4 0.080 0.005 0.015 0.010 7123 PWORTH 0.015 UNCH 3952.1 0.011 — — 61.4 1.430 0.720 0.900 0.900 7544 QUALITY 0.900 UNCH 4 0.900 — — 52.2 0.320 0.180 — — 7498 RALCO 0.240 — — — — — 11.1 0.350 0.170 0.255 0.230 7232 RESINTC 0.235 0.035 43 0.245 5.72 10.64 32.2 0.200 0.085 0.125 0.125 9954 RGTBHD 0.125 0.005 140 0.125 13.30 — 72.1 0.784 0.170 0.355 0.315 9741 ROHAS 0.345 0.035 3541.4 0.336 9.43 4.35 163.1 0.895 0.404 0.790 0.765 7803 RUBEREX 0.780 0.010 1324.8 0.776 17.33 2.56 196.7 3.980 2.700 2.950 2.950 5134 SAB 2.950 UNCH 1.5 2.950 16.69 1.69 404.0 8.640 4.200 5.240 5.050 9822 SAM 5.220 0.010 56.5 5.162 8.08 3.34 705.6 0.741 0.350 0.480 0.455 5147 SAMCHEM 0.480 0.025 563.9 0.468 5.49 6.25 130.6 0.784 0.200 0.450 0.420 7811 SAPIND 0.420 -0.030 2.3 0.446 12.77 11.90 30.6 0.455 0.100 0.175 0.165 5170 SCABLE 0.175 0.005 433.6 0.171 — — 55.5 1.680 0.755 1.290 1.250 7247 SCGM 1.280 0.040 1664.9 1.271 75.29 1.56 247.8 3.490 0.530 2.300 2.170 9237 SCIB 2.190 -0.040 625.7 2.218 62.22 — 188.1 1.280 0.480 0.715 0.680 0099 SCICOM 0.715 0.020 881 0.705 11.84 6.99 254.1 9.765 5.960 7.600 7.310 4731 SCIENTX 7.480 UNCH 672.1 7.442 10.00 2.67 3,858.8 0.360 0.065 0.110 0.090 7239 SCNWOLF 0.105 0.010 188.2 0.101 6.40 — 11.1 0.565 0.120 0.200 0.195 7073 SEACERA 0.195 UNCH 11013 0.195 — — 93.9 0.750 0.320 — — 5163 SEB 0.400 — — — — — 32.0 0.460 0.375 0.410 0.400 5181 SIGGAS 0.405 0.005 722.7 0.401 — 1.23 75.9 0.680 0.380 — — 7115 SKBSHUT 0.390 — — — 6.27 — 15.6 1.590 0.660 0.790 0.765 7155 SKPRES 0.775 0.005 4907.2 0.778 10.99 4.95 968.9 1.373 0.690 0.760 0.750 7248 SLP 0.755 0.005 129 0.758 11.29 7.28 239.3 0.490 0.250 — — 7132 SMISCOR 0.400 — — — 18.52 — 17.9 1.220 0.330 0.450 0.400 5665 SSTEEL 0.440 0.030 968.2 0.432 — — 262.4 0.905 0.380 0.500 0.460 6904 SUBUR 0.500 0.040 7.1 0.466 — — 104.5 1.100 0.400 0.535 0.495 7207 SUCCESS 0.530 0.035 719 0.514 7.46 5.09 132.3 1.805 1.207 1.590 1.560 5211 SUNWAY 1.580 0.020 920.8 1.569 10.96 4.73 7,795.6 1.069 0.388 0.540 0.510 7235 SUPERLN 0.540 0.030 696 0.532 9.54 5.65 86.4 6.800 4.100 5.550 5.500 4448 TASEK 5.500 UNCH 10 5.525 — — 679.9 0.235 0.030 0.055 0.045 7097 TAWIN 0.050 UNCH 2641.3 0.051 — — 17.9 0.898 0.480 0.555 0.525 5289 TECHBND 0.540 0.005 27.4 0.533 14.03 — 124.2 0.675 0.195 0.225 0.225 8702 TEXCHEM 0.225 -0.015 15.1 0.225 — 44.44 27.9 4.320 1.950 2.990 2.870 7034 TGUAN 2.980 0.040 223.5 2.926 7.47 2.68 554.3 1.399 0.760 0.850 0.850 7374 TIENWAH 0.850 0.060 0.5 0.850 — 6.47 123.0 0.680 0.230 — — 7854 TIMWELL 0.460 — — — 8.57 4.35 41.0 0.575 0.300 0.355 0.340 7285 TOMYPAK 0.345 0.005 753.2 0.343 — 0.87 145.0 3.509 1.230 1.500 1.470 5010 TONGHER 1.490 0.010 34.5 1.488 11.64 13.42 234.6 0.841 0.550 — — 7173 TOYOINK 0.620 — — — 9.89 4.84 66.3 0.800 0.530 — — 5167 TURBO 0.640 — — — 22.70 3.13 69.1 2.820 1.700 2.000 1.950 7100 UCHITEC 1.990 0.030 421.8 1.982 11.76 7.29 897.9 0.800 0.230 0.320 0.285 7133 ULICORP 0.320 0.010 323.1 0.309 — — 69.7 1.993 1.430 — — 7137 UMS 1.660 — — — 16.27 3.61 67.5 0.945 0.690 — — 7227 UMSNGB 0.900 — — — 17.54 3.33 72.0 1.427 0.910 1.010 0.965 7091 UNIMECH 1.000 0.005 22 0.998 6.82 4.80 158.8 0.400 0.180 0.220 0.220 4995 VERSATL 0.220 UNCH 2.1 0.220 — — 62.5 1.509 0.600 0.780 0.745 6963 VS 0.780 0.030 15883 0.768 8.41 4.36 1,453.9 0.810 0.365 — — 7226 WATTA 0.500 — — — 21.93 — 42.2 1.235 0.550 0.785 0.770 7231 WELLCAL 0.785 0.005 374.2 0.774 10.72 7.26 390.9 0.700 0.430 0.550 0.550 7692 WIDETEC 0.550 UNCH 5 0.550 19.43 — 24.6 0.650 0.280 0.395 0.380 7050 WONG 0.385 0.005 78 0.387 7.86 4.34 44.1 0.810 0.400 0.480 0.400 7025 WOODLAN 0.430 -0.060 71.1 0.411 — — 17.2 1.200 0.645 0.730 0.670 5009 WTHORSE 0.730 0.035 5 0.682 — — 175.2 0.681 0.200 0.290 0.255 4243 WTK 0.275 0.015 2590.5 0.277 — 5.45 132.4 0.325 0.050 0.110 0.105 7245 WZSATU 0.105 -0.010 246 0.108 — — 53.7 0.650 0.405 — — 5048 YILAI 0.420 — — — — — 61.1 0.170 0.060 0.080 0.080 7020 YKGI 0.080 0.010 106 0.080 8.25 — 28.1 0.305 0.150 0.170 0.150 7014 YLI 0.170 -0.030 68 0.156 — — 17.5CONSTRUCTION 0.473 0.210 0.270 0.255 5281 ADVCON 0.270 0.015 435.3 0.262 10.04 2.22 109.1 0.170 0.050 0.080 0.065 7145 AGES 0.075 0.010 16822.5 0.073 2.48 — 37.7 2.050 1.010 1.330 1.270 5293 AME 1.300 UNCH 1802.1 1.293 7.15 — 555.2 0.575 0.115 0.195 0.165 7078 AZRB 0.185 0.015 4903.1 0.185 — 4.81 110.6 0.230 0.045 0.075 0.060 5190 BENALEC 0.070 0.005 1468.3 0.068 — — 60.3 0.197 0.030 0.050 0.045 5932 BPURI 0.045 0.005 12426.6 0.045 56.25 — 34.4 0.800 0.520 0.580 0.560 8761 BREM 0.565 0.005 236.1 0.565 5.36 7.08 195.2 1.118 0.555 0.640 0.625 8591 CRESBLD 0.640 0.015 34.6 0.637 5.57 7.03 113.2 1.900 1.380 — — 7528 DKLS 1.540 — — — 24.52 1.95 142.8 0.874 0.300 0.510 0.480 5253 ECONBHD 0.490 UNCH 11213 0.495 10.49 1.02 655.4 1.027 0.285 0.435 0.390 8877 EKOVEST 0.415 0.025 109466 0.413 7.08 2.41 1,101.8 0.499 0.140 0.240 0.220 7047 FAJAR 0.235 0.015 980.7 0.233 3.28 6.38 87.9 0.941 0.225 0.370 0.330 9261 GADANG 0.355 0.025 14744.1 0.354 6.64 3.38 258.5 4.237 2.360 3.050 2.920 5398 GAMUDA 2.990 0.070 2425.2 2.983 10.41 4.01 7,514.8 1.514 0.595 0.825 0.780 5226 GBGAQRS 0.810 0.020 260.2 0.813 10.29 1.85 400.6 1.339 0.430 0.620 0.575 3204 GKENT 0.605 0.025 4571.6 0.599 5.99 — 340.8 0.695 0.240 0.365 0.340 5169 HOHUP 0.360 0.015 1002.9 0.355 2.70 — 148.5 1.477 0.960 0.990 0.985 6238 HSL 0.990 UNCH 34 0.989 9.85 2.42 576.8 2.475 1.150 1.700 1.600 3336 IJM 1.700 0.070 2791.7 1.674 14.60 2.35 6,186.8 0.290 0.010 0.035 0.020 5268 IKHMAS 0.030 0.005 17372.8 0.029 — — 17.7 0.610 0.270 0.360 0.360 8834 IREKA 0.360 0.015 1 0.360 — — 67.2 1.570 0.620 0.905 0.860 4723 JAKS 0.885 0.035 49551.3 0.883 4.81 — 576.2 1.466 0.785 0.890 0.875 7161 KERJAYA 0.880 0.005 345.9 0.881 7.75 3.98 1,092.9 1.460 0.510 0.640 0.600 5171 KIMLUN 0.630 0.040 2875.9 0.627 3.62 5.87 214.1 1.110 0.720 0.940 0.820 9628 LEBTECH 0.930 -0.050 4 0.900 — — 126.9 0.504 0.295 — — 5129 MELATI 0.350 — — — 16.59 2.86 42.0 0.830 0.420 — — 8192 MERCURY 0.600 — — — — — 24.1 0.815 0.330 — — 7595 MGB 0.565 — — — 20.93 — 283.4 0.422 0.150 0.185 0.165 9571 MITRA 0.180 0.010 1862 0.178 — 8.33 161.3 0.250 0.065 0.095 0.080 5924 MTDACPI 0.095 UNCH 31.1 0.086 — — 22.0 0.555 0.145 0.255 0.225 5085 MUDAJYA 0.250 0.015 4692.6 0.244 — — 151.4 2.826 0.720 0.900 0.860 5703 MUHIBAH 0.880 0.010 7092.3 0.887 11.20 8.52 427.0 0.370 0.185 0.230 0.225 7071 OCR 0.225 -0.005 2127.9 0.227 8.09 — 75.6 0.900 0.650 — — 5622 PEB 0.700 — — — — — 48.4 0.255 0.130 0.180 0.175 8311 PESONA 0.180 UNCH 551 0.178 10.53 5.56 125.1 0.425 0.110 0.185 0.165 5070 PRTASCO 0.180 0.010 1382.2 0.178 14.88 6.67 89.2 3.303 1.800 2.490 2.460 9598 PTARAS 2.490 UNCH 3 2.467 8.14 8.03 413.0 0.415 0.090 0.175 0.145 6807 PUNCAK 0.160 0.010 12852.3 0.160 — 3.13 71.9 0.555 0.140 0.205 0.185 5205 SENDAI 0.205 0.020 2125.6 0.196 11.65 — 160.1 1.810 0.750 — — 5006 STELLA 0.760 — — — — — 50.9 2.110 1.250 1.630 1.580 5263 SUNCON 1.620 0.040 168.8 1.606 16.17 4.32 2,094.5 0.285 0.175 0.185 0.175 9717 SYCAL 0.180 UNCH 654.5 0.179 13.64 — 74.9 0.741 0.200 0.260 0.235 5054 TRC 0.250 0.015 9332 0.249 6.05 7.60 120.1 0.595 0.180 0.250 0.250 5042 TSRCAP 0.250 0.020 86 0.250 — — 43.6 1.350 0.400 — — 0301 UNIWALL 1.350 — — — 50.00 0.31 493.7 1.170 0.215 0.300 0.275 7070 VIZIONE 0.290 0.015 4571.5 0.291 3.67 — 179.4 0.601 0.145 0.230 0.205 3565 WCEHB 0.225 0.015 4213 0.219 — — 291.8 1.220 0.245 0.415 0.385 9679 WCT 0.395 0.005 14426 0.402 — — 560.2 0.700 0.225 0.380 0.365 7028 ZECON 0.380 0.030 3 0.373 1.94 — 54.8 0.110 0.030 0.050 0.045 2283 ZELAN 0.050 UNCH 814.6 0.050 15.63 — 42.2HEALTH CARE 0.970 0.280 0.495 0.480 7191 ADVENTA 0.490 0.010 568.3 0.489 3.38 — 74.9 2.500 1.770 2.090 2.050 7090 AHEALTH 2.090 0.020 16.7 2.067 18.64 1.77 987.2 1.780 1.050 1.400 1.380 7148 DPHARMA 1.400 0.010 432.5 1.393 17.03 3.57 958.1 7.100 4.544 7.100 6.900 5168 HARTA 7.040 0.140 6741.5 6.995 57.66 1.05 23,819.2 5.895 4.516 5.080 4.950 5225 IHH 5.030 0.010 4680.2 4.993 95.09 0.80 44,133.2 5.430 3.517 5.210 5.090 7153 KOSSAN 5.140 0.040 1898 5.139 29.25 1.17 6,573.7 2.330 1.555 1.900 1.900 0002 KOTRA 1.900 UNCH 2.5 1.900 10.31 4.68 276.0 1.029 0.716 0.900 0.875 5878 KPJ 0.885 -0.015 1249.2 0.888 17.66 2.26 3,931.1 2.845 0.910 1.510 1.360 7081 PHARMA 1.500 0.150 1682.6 1.458 — 10.33 391.8 0.135 0.050 — — 0302 SMILE 0.075 — — — 22.73 1.60 75.1 1.930 1.281 1.660 1.600 7106 SUPERMX 1.630 0.040 8371.5 1.632 20.76 2.19 2,217.3 0.820 0.365 0.450 0.440 0101 TMCLIFE 0.450 0.005 803.9 0.444 26.95 0.44 783.8 6.690 4.172 6.500 6.390 7113 TOPGLOV 6.410 0.010 7695.2 6.430 43.61 1.17 16,427.8 0.545 0.426 — — 0301 TOPVISN 0.545 — — — 82.58 — 139.3 2.799 1.450 1.810 1.780 7178 YSPSAH 1.810 0.030 26.4 1.798 10.95 3.87 252.9FINANCIAL SERVICES 3.961 1.480 1.880 1.800 2488 ABMB 1.880 0.040 1328.7 1.856 6.62 7.55 2,910.4 16.602 7.700 8.740 8.660 5139 AEONCR 8.690 UNCH 633.6 8.679 8.12 5.13 2,204.0 2.240 1.250 1.430 1.410 5185 AFFIN 1.430 0.010 125.5 1.425 5.81 3.50 2,840.0 16.313 11.400 12.800 12.420 1163 ALLIANZ 12.560 0.020 38.8 12.542 6.16 4.06 2,221.7 4.344 2.820 2.970 2.900 1015 AMBANK 2.950 0.030 2963.1 2.939 5.71 7.12 8,891.8

1.039 0.640 — — 5088 APEX 0.705 — — — 23.66 2.84 150.6 4.581 2.790 3.250 3.200 5258 BIMB 3.240 0.010 74.4 3.224 7.24 4.94 5,808.2 6.872 4.320 5.030 4.970 1818 BURSA 4.990 UNCH 1629.3 4.998 21.75 4.17 4,034.4 5.238 3.090 3.530 3.460 1023 CIMB 3.500 UNCH 20799 3.500 7.45 7.43 34,730.4 0.295 0.140 0.245 0.195 2143 ECM 0.245 -0.010 1.2 0.203 — — 117.6 1.728 1.090 1.190 1.150 5228 ELKDESA 1.180 0.030 202.6 1.175 9.50 5.93 350.6 19.882 11.700 13.280 13.040 5819 HLBANK 13.160 0.020 1668.2 13.176 10.12 3.80 28,527.2 10.100 7.327 — — 5274 HLCAP 9.380 — — — 31.19 2.35 2,315.9 18.963 9.750 12.680 12.060 1082 HLFG 12.300 UNCH 603.5 12.324 7.28 3.41 14,114.5 0.910 0.350 0.545 0.490 3379 INSAS 0.540 0.040 1751 0.529 3.75 6.48 374.4 0.115 0.030 0.055 0.050 3441 JOHAN 0.055 0.010 275.1 0.052 — — 34.3 0.567 0.325 0.405 0.390 6483 KENANGA 0.405 0.010 395.3 0.401 10.74 8.02 292.7 2.125 0.880 1.100 1.100 2186 KUCHAI 1.100 0.020 6 1.100 22.63 1.27 136.1 15.536 9.900 11.900 11.400 8621 LPI 11.840 0.220 73.2 11.672 14.63 5.91 4,716.9 1.003 0.530 0.585 0.550 1198 MAA 0.550 -0.040 100.3 0.551 — 16.36 150.3 2.850 1.650 1.800 1.700 1058 MANULFE 1.800 0.150 18 1.783 13.94 3.89 364.3 8.819 7.000 7.680 7.400 1155 MAYBANK 7.650 0.250 6529.2 7.579 10.42 8.37 85,996.4 0.964 0.460 0.600 0.570 1171 MBSB 0.600 0.020 2910.6 0.590 5.43 8.33 4,028.0 1.159 0.465 0.620 0.580 6459 MNRB 0.600 0.015 1251.6 0.599 3.01 4.17 469.9 1.190 0.490 0.655 0.615 5237 MPHBCAP 0.635 0.020 19.6 0.626 13.26 — 454.0 0.944 0.800 0.835 0.800 6009 P&O 0.800 UNCH 157 0.812 — 5.58 229.6 22.894 12.580 16.020 15.620 1295 PBBANK 15.900 0.200 3530.6 15.891 11.21 4.59 61,726.0 1.840 1.220 1.520 1.480 9296 RCECAP 1.510 0.010 277.7 1.503 4.92 6.62 563.1 5.980 4.230 4.680 4.530 1066 RHBBANK 4.660 0.100 4409.5 4.637 7.53 5.47 18,686.8 0.665 0.335 0.500 0.490 4898 TA 0.495 0.005 300.5 0.497 5.78 2.02 847.4 6.936 2.930 3.410 3.280 6139 TAKAFUL 3.300 0.010 1577.1 3.328 7.47 6.06 2,728.4 0.765 0.200 0.305 0.285 5230 TUNEPRO 0.300 0.005 2346.5 0.296 4.45 10.00 225.5PROPERTY 0.335 0.165 — — 7131 ACME 0.200 — — — 6.45 — 49.8 0.549 0.260 0.315 0.295 1007 AMPROP 0.300 UNCH 143 0.307 8.88 10.00 219.9 1.250 0.990 — — 5959 AMVERTON 1.200 — — — 85.71 — 438.1 0.400 0.115 — — 7007 ARK 0.150 — — — — — 9.5 0.170 0.055 0.090 0.085 4057 ASIAPAC 0.090 UNCH 618.7 0.086 2.16 — 93.3 6.210 3.800 — — 2305 AYER 5.550 — — — 31.21 0.90 415.4 0.395 0.190 0.260 0.260 6602 BCB 0.260 -0.015 10 0.260 2.19 — 107.3 0.455 0.190 0.250 0.245 6173 BDB 0.245 0.005 41 0.246 14.67 — 74.4 0.285 0.110 — — 9814 BERTAM 0.180 — — — — — 37.2 0.320 0.245 0.295 0.295 3239 BJASSET 0.295 UNCH 170 0.295 — — 754.7 1.580 0.800 — — 5738 CHHB 1.040 — — — — — 286.7 1.369 0.770 0.825 0.825 6718 CRESNDO 0.825 0.005 23 0.825 8.25 7.27 231.4 1.523 0.920 1.080 1.080 5049 CVIEW 1.080 -0.060 10 1.080 4.34 2.78 108.0 0.555 0.150 0.230 0.200 3484 DBHD 0.225 0.025 2113.7 0.218 2.99 — 71.6 0.095 0.035 0.045 0.045 7198 DPS 0.045 UNCH 652.7 0.045 2.14 — 26.4 0.885 0.300 0.400 0.385 3417 E&O 0.395 0.005 2686.3 0.398 11.13 7.59 575.5 0.390 0.290 0.365 0.345 3557 ECOFIRS 0.365 0.015 614 0.354 12.37 — 295.1 0.970 0.295 0.415 0.395 8206 ECOWLD 0.405 0.005 7503.7 0.407 5.77 — 1,192.5 0.400 0.205 0.290 0.290 6076 ENCORP 0.290 0.040 0.1 0.290 — — 88.9 1.520 1.080 — — 8613 ENRA 1.200 — — — — 2.50 163.4 0.747 0.380 0.455 0.450 6815 EUPE 0.450 UNCH 59.9 0.451 1.51 3.33 57.6 0.735 0.185 0.330 0.210 7249 EWEIN 0.305 0.095 21274 0.289 2.19 1.64 92.0 1.140 0.310 0.405 0.365 5283 EWINT 0.385 0.010 4498 0.390 5.45 — 924.0 0.365 0.165 0.205 0.200 6041 FARLIM 0.205 0.010 404 0.200 — — 34.5 0.384 0.240 0.300 0.290 5020 GLOMAC 0.290 -0.010 307.9 0.294 6.97 2.76 232.0 0.350 0.170 — — 9962 GMUTUAL 0.300 — — — 9.84 1.67 112.7 0.290 0.135 0.195 0.180 1147 GOB 0.190 0.005 461.4 0.185 — — 86.4 0.776 0.370 0.490 0.470 1503 GUOCO 0.490 0.020 33.7 0.484 — 4.08 343.2 1.300 1.190 1.200 1.190 7105 HCK 1.200 -0.020 496.9 1.196 73.17 — 508.8 0.635 0.345 — — 7010 HOOVER 0.395 — — — — — 15.8 0.465 0.145 0.220 0.210 5062 HUAYANG 0.215 0.010 577.1 0.217 — — 75.7 0.387 0.095 0.145 0.130 4251 IBHD 0.140 0.010 1759.6 0.138 5.79 12.50 156.3 0.720 0.305 — — 5084 IBRACO 0.540 — — — 7.84 3.24 268.1 1.900 0.900 1.010 0.995 9687 IDEAL 1.000 UNCH 79 1.000 4.78 — 465.0 4.060 2.400 2.600 2.590 5606 IGBB 2.600 UNCH 45.1 2.598 8.51 0.38 2,310.1 1.393 0.825 0.945 0.930 5249 IOIPG 0.935 -0.005 54.3 0.940 7.67 3.21 5,148.2 0.220 0.115 0.130 0.125 5175 IVORY 0.130 0.005 895.3 0.129 16.46 19.23 63.7 1.313 0.275 0.440 0.390 1589 IWCITY 0.420 0.020 28188.2 0.420 — — 351.7 0.380 0.285 — — 8923 JIANKUN 0.320 — — — 12.40 — 53.4 0.090 0.045 0.060 0.060 6769 JKGLAND 0.060 0.005 1639.6 0.060 11.76 1.67 136.5 0.669 0.340 — — 7323 KEN 0.445 — — — 35.32 3.37 85.3 1.100 0.400 0.495 0.445 7077 KPPROP 0.495 0.050 28 0.477 8.38 — 99.1 0.940 0.405 0.475 0.455 5038 KSL 0.475 0.015 977.6 0.473 1.95 — 492.8 0.154 0.050 0.095 0.075 3174 L&G 0.085 0.005 32335.6 0.085 7.26 11.76 252.7 0.784 0.345 0.410 0.410 8494 LBICAP 0.410 -0.010 5 0.410 5.86 12.20 41.6 0.616 0.310 0.375 0.360 5789 LBS 0.365 0.005 1913.6 0.364 5.92 4.93 572.0 0.300 0.175 0.205 0.195 3573 LIENHOE 0.200 -0.020 301.3 0.200 — — 72.3 1.250 0.720 0.765 0.765 7617 MAGNA 0.765 -0.080 1 0.765 — — 256.2 0.921 0.305 0.410 0.390 8583 MAHSING 0.400 0.015 8713.4 0.399 8.91 11.25 971.1 0.674 0.235 0.340 0.325 6181 MALTON 0.335 UNCH 1185.4 0.336 6.03 4.48 176.9 1.923 1.217 1.630 1.570 5236 MATRIX 1.620 0.030 426.2 1.595 5.28 7.41 1,351.4 1.697 0.940 0.950 0.940 7189 MBWORLD 0.945 -0.015 45.3 0.944 2.72 8.57 148.7 0.525 0.070 0.160 0.150 5182 MCT 0.155 0.005 18875.8 0.153 5.33 — 225.8 0.400 0.200 0.250 0.210 1694 MENANG 0.240 -0.010 65.1 0.218 — — 115.4 0.350 0.040 0.055 0.050 5040 MERIDIAN 0.055 UNCH 562 0.055 — — 32.4 0.415 0.180 0.340 0.310 8141 MJPERAK 0.340 0.020 486 0.329 — — 96.1 1.860 0.810 0.995 0.950 6114 MKH 0.970 0.020 178.9 0.967 6.79 4.12 569.0 0.200 0.050 0.155 0.085 8893 MKLAND 0.140 0.050 68945.9 0.133 34.15 — 169.0 0.165 0.055 0.065 0.065 6548 MPCORP 0.065 0.010 50 0.065 — — 18.7 1.125 0.280 0.420 0.390 1651 MRCB 0.410 0.015 25430 0.408 75.93 2.44 1,808.9 0.540 0.240 — — 9539 MUH 0.300 — — — — — 16.9 0.255 0.145 0.200 0.190 3913 MUIPROP 0.190 UNCH 3150.7 0.196 9.18 — 145.2 1.410 0.335 0.665 0.615 5073 NAIM 0.645 0.030 27512 0.642 5.73 — 331.4 2.150 1.580 — — 5827 OIB 1.620 — — — 5.67 4.94 250.9 1.050 0.640 0.745 0.720 5053 OSK 0.745 0.020 461 0.731 3.76 6.71 1,561.0 1.277 0.630 0.695 0.665 1724 PARAMON 0.695 0.020 1389.1 0.676 4.86 9.05 427.0 0.420 0.150 0.185 0.185 6912 PASDEC 0.185 UNCH 40 0.185 — — 74.1 1.080 0.750 — — 3611 PGLOBE 0.750 — — — 65.79 — 140.0 0.015 0.005 0.005 0.005 4464 PHB 0.005 UNCH 8323 0.005 — — 50.0 1.600 0.980 1.360 1.300 7055 PLB 1.360 0.060 3 1.320 17.89 — 152.9 1.493 0.735 0.880 0.870 5075 PLENITU 0.880 0.050 65 0.880 10.68 5.11 335.7 6.170 5.300 5.830 5.760 7765 RAPID 5.760 -0.120 123.8 5.803 124.68 — 615.7 0.720 0.345 — — 4596 SAPRES 0.375 — — — — — 52.4 0.498 0.180 0.330 0.310 5207 SBCCORP 0.330 0.020 186.6 0.319 4.69 3.03 85.2 0.695 0.325 0.410 0.400 2224 SDRED 0.410 0.010 14 0.403 7.75 4.88 174.7 0.365 0.120 0.245 0.200 4286 SEAL 0.245 0.050 3.6 0.207 7.31 — 59.5 2.712 1.689 — — 6017 SHL 1.880 — — — 10.36 7.98 455.2 1.129 0.460 0.565 0.540 5288 SIMEPROP 0.555 0.015 5288.2 0.557 6.31 7.21 3,774.5 0.185 0.070 0.090 0.085 4375 SMI 0.090 0.005 184.6 0.087 — — 18.9 0.410 0.090 0.125 0.120 5213 SNTORIA 0.125 0.005 85.9 0.121 — — 70.9 2.288 0.550 0.745 0.705 8664 SPSETIA 0.740 0.020 2772.8 0.733 9.78 1.35 2,991.4 0.920 0.370 0.435 0.430 3743 SUNSURIA 0.435 0.010 12.2 0.434 2.59 — 389.7 0.465 0.250 0.305 0.275 1538 SYMLIFE 0.305 0.025 1280.6 0.296 1.52 3.28 183.2 0.330 0.120 0.185 0.175 4022 TADMAX 0.185 0.005 165.5 0.182 5.80 — 145.0 0.275 0.180 0.235 0.230 5158 TAGB 0.235 UNCH 2596.4 0.233 10.83 6.81 1,250.6 0.055 0.010 0.020 0.015 2259 TALAMT 0.020 0.005 6454.1 0.016 3.33 — 85.9 0.783 0.360 0.490 0.475 5191 TAMBUN 0.475 UNCH 297.6 0.481 4.23 5.16 205.9 0.080 0.020 0.030 0.030 2429 TANCO 0.030 0.005 309.6 0.030 — — 24.9 0.480 0.140 0.190 0.175 7889 THRIVEN 0.180 -0.005 1525.3 0.183 5.54 — 98.4 0.135 0.030 0.065 0.055 7079 TIGER 0.065 0.010 13411.2 0.058 — — 95.2 0.320 0.240 0.260 0.260 5239 TITIJYA 0.260 UNCH 71.1 0.260 20.97 0.58 352.0 0.940 0.720 0.800 0.795 5401 TROP 0.800 UNCH 168.5 0.800 3.46 3.38 1,176.3 1.020 0.275 0.420 0.395 5148 UEMS 0.405 0.010 2960.4 0.406 8.22 — 1,837.7 2.350 1.380 1.600 1.570 5200 UOADEV 1.580 0.010 262.6 1.581 7.51 8.86 3,108.1 0.150 0.035 0.055 0.050 6378 WMG 0.055 0.005 329.5 0.052 — — 23.4 0.995 0.650 — — 7003 Y&G 0.710 — — — 35.86 — 155.1 2.800 1.120 2.690 2.650 3158 YNHPROP 2.650 -0.070 210.7 2.659 33.42 — 1,401.8 0.415 0.035 0.055 0.045 7066 YONGTAI 0.055 0.005 7226.1 0.050 — — 52.5TRANSPORTATION & LOGISTICS 8.837 3.920 4.370 4.300 5014 AIRPORT 4.320 0.010 6054.9 4.327 14.95 3.24 7,167.7 1.400 0.650 0.700 0.690 8133 BHIC 0.690 -0.010 22.4 0.695 — 5.07 171.4 4.954 3.253 4.000 3.990 5032 BIPORT 3.990 0.040 0.3 3.993 14.19 3.51 1,835.4 0.365 0.235 0.290 0.270 7187 CHGP 0.290 0.010 38.3 0.281 31.18 — 86.3 0.470 0.205 0.250 0.235 7117 CJCEN 0.245 0.010 96.5 0.247 — 3.06 96.6 0.930 0.390 0.540 0.520 5136 COMPLET 0.540 0.025 30.5 0.520 8.16 — 68.6 0.525 0.200 0.290 0.270 5259 EATECH 0.280 0.015 546.3 0.281 3.88 — 148.5 0.660 0.380 0.500 0.450 7210 FREIGHT 0.450 0.020 10.9 0.486 9.83 7.78 125.7 0.360 0.115 0.200 0.170 0078 GDEX 0.195 0.025 5653.6 0.187 42.39 1.28 1,100.1 0.655 0.255 0.400 0.385 7676 GUNUNG 0.395 0.015 769.3 0.391 — — 95.1 0.738 0.420 0.500 0.475 2062 HARBOUR 0.500 UNCH 107.3 0.483 7.79 3.50 200.2 0.065 0.030 0.045 0.040 7013 HUBLINE 0.045 UNCH 37457 0.045 25.00 — 171.9 0.480 0.220 0.290 0.285 5614 ILB 0.285 -0.010 75 0.287 3.23 — 55.6 4.765 3.300 3.810 3.700 6645 LITRAK 3.770 0.070 43.8 3.779 7.49 6.63 2,003.2 0.110 0.040 0.055 0.055 5078 M&G 0.055 UNCH 149 0.055 — — 39.8 0.785 0.180 0.330 0.300 5077 MAYBULK 0.320 0.015 1323.9 0.320 — — 320.0 9.239 6.090 7.600 7.450 3816 MISC 7.540 0.010 3298.7 7.544 23.56 3.98 33,657.0 1.250 0.450 0.630 0.600 2194 MMCCORP 0.620 0.005 5061 0.621 7.38 6.45 1,887.9 0.360 0.040 0.100 0.100 9806 NATWIDE 0.100 UNCH 0.1 0.100 — — 12.3 0.045 0.010 0.020 0.015 6254 PDZ 0.015 UNCH 7109.8 0.015 — — 10.2 1.953 0.520 0.735 0.705 4634 POS 0.720 0.015 6383 0.720 — 5.56 563.6 0.595 0.090 — — 8346 PRKCORP 0.105 — — — 0.43 — 10.5 0.740 0.125 0.240 0.200 5145 SEALINK 0.240 0.040 4899.5 0.219 — — 120.0 1.000 0.795 — — 7053 SEEHUP 0.840 — — — — 3.75 67.6 1.420 0.820 0.885 0.870 6521 SURIA 0.880 0.005 415.2 0.876 5.83 2.84 304.3 0.330 0.115 0.140 0.135 5173 SYSCORP 0.135 -0.005 271 0.137 — — 162.0 0.460 0.140 0.215 0.200 5149 TAS 0.205 0.005 1319.1 0.207 28.08 — 36.9 1.545 0.650 0.780 0.780 5140 TASCO 0.780 0.020 30.8 0.780 13.68 6.41 156.0 0.610 0.260 0.340 0.325 8397 TNLOGIS 0.330 0.010 978.4 0.334 — — 152.1 0.655 0.430 — — 7218 TOCEAN 0.455 — — — — — 18.7 4.457 2.970 3.590 3.380 5246 WPRTS 3.500 0.050 1715.8 3.502 20.20 3.71 11,935.0 0.832 0.243 0.415 0.395 5267 XINHWA 0.400 UNCH 3286.1 0.401 24.84 — 86.4PLANTATION 0.235 0.050 0.090 0.080 7054 AASIA 0.085 0.010 1915.5 0.084 — — 56.1 17.300 11.000 12.000 11.900 1899 BKAWAN 11.900 -0.100 14.6 11.938 14.25 5.04 5,279.6 7.000 5.000 — — 5069 BLDPLNT 5.000 — — — — — 467.5 0.824 0.200 0.290 0.255 5254 BPLANT 0.270 0.015 10903.7 0.273 — 20.37 604.8 0.740 0.285 0.400 0.375 8982 CEPAT 0.400 0.030 144.8 0.389 266.6 3.75 127.4 7.068 4.800 — — 1929 CHINTEK 5.100 — — — 15.20 3.14 466.0 0.499 0.275 0.325 0.305 3948 DUTALND 0.320 0.010 1116.6 0.313 — — 270.8 2.827 2.000 2.180 2.180 5029 FAREAST 2.180 -0.020 37 2.180 16.15 1.38 1,294.6 1.590 0.715 0.895 0.845 5222 FGV 0.890 0.040 12851.2 0.875 — — 3,246.9

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TUESDAY APRIL 7, 2020 • THEED G E FINANCIAL DAILY



11.140 7.990 9.450 9.300 2291 GENP 9.450 0.050 402.5 9.393 56.96 1.24 8,480.0 0.520 0.300 0.300 0.300 7382 GLBHD 0.300 -0.020 1.1 0.300 — — 66.9 0.714 0.530 — — 2135 GOPENG 0.650 — — — 59.63 3.85 174.8 0.800 0.290 0.375 0.345 7501 HARNLEN 0.375 0.030 23 0.359 — — 69.6 2.113 1.250 1.360 1.310 5138 HSPLANT 1.360 0.060 176.1 1.323 34.61 1.84 1,088.0 2.480 1.010 1.450 1.360 2216 IJMPLNT 1.450 0.120 54.4 1.403 48.01 1.38 1,276.8 0.626 0.437 0.510 0.510 2607 INCKEN 0.510 0.005 2 0.510 — 2.08 214.6 0.995 0.400 0.555 0.505 6262 INNO 0.555 0.055 15 0.543 19.47 1.80 265.8 4.774 3.410 3.890 3.810 1961 IOICORP 3.870 -0.010 4527.5 3.865 37.14 2.20 24,323.1 1.120 0.270 0.520 0.390 4383 JTIASA 0.500 0.105 29381.7 0.471 — — 486.9 25.204 17.400 20.980 20.300 2445 KLK 20.660 -0.040 604.2 20.613 41.21 2.42 22,333.8 3.650 2.620 3.000 2.950 2453 KLUANG 3.000 0.100 33.3 2.969 — 0.33 189.5 1.640 0.895 1.010 1.010 5027 KMLOONG 1.010 UNCH 30 1.010 23.11 5.94 944.8 0.475 0.290 0.335 0.330 1996 KRETAM 0.335 0.005 249.1 0.331 — — 779.8 0.900 0.460 — — 6572 KWANTAS 0.550 — — — — — 171.4 0.880 0.480 — — 4936 MALPAC 0.550 — — — 916.6 18.18 41.3 0.770 0.270 0.365 0.365 5026 MHC 0.365 0.010 12 0.365 28.29 4.11 71.7 2.000 1.680 — — 5047 NPC 1.920 — — — — — 230.4 3.650 2.230 — — 2038 NSOP 2.400 — — — — 2.08 168.5 0.545 0.140 0.215 0.170 1902 PINEPAC 0.210 0.025 654.3 0.205 0.40 — 31.5 1.310 0.350 0.540 0.530 9695 PLS 0.540 0.025 63.5 0.532 — — 189.4 0.465 0.115 0.215 0.170 5113 RSAWIT 0.215 0.040 30072.3 0.199 — — 305.0 3.039 2.250 — — 2542 RVIEW 2.250 — — — 69.02 1.33 145.9 3.128 2.350 2.620 2.580 2569 SBAGAN 2.600 -0.150 25.4 2.612 89.66 0.77 172.5 0.420 0.205 — — 4316 SHCHAN 0.255 — — — 10.99 — 33.6 5.630 3.820 4.850 4.600 5285 SIMEPLT 4.650 -0.120 4943.5 4.642 357.69 0.22 32,013.3 4.220 1.900 2.480 2.390 5126 SOP 2.470 0.070 31.6 2.429 15.71 2.02 1,410.2 2.110 1.300 1.470 1.410 5135 SWKPLNT 1.440 0.030 39.7 1.447 19.20 3.47 403.2 3.484 1.810 2.100 2.020 5012 TAANN 2.100 0.040 264.4 2.070 22.04 4.76 934.2 0.445 0.110 0.205 0.170 2054 TDM 0.200 0.030 27028.3 0.192 — — 336.5 0.685 0.185 0.285 0.260 5112 THPLANT 0.275 0.015 2378.6 0.277 — — 243.1 1.590 0.560 0.705 0.635 9059 TSH 0.680 0.045 10020.8 0.674 21.32 1.47 939.6 5.429 4.000 4.140 4.060 2593 UMCCA 4.100 0.050 7.1 4.077 12.98 1.95 860.1 27.000 23.000 25.000 24.700 2089 UTDPLT 24.920 0.220 20.4 24.883 18.27 1.61 5,186.7TELECOMMUNICATIONS & MEDIA 0.150 0.030 — — 0159 AMEDIA 0.060 — — — — — 14.4 0.680 0.470 — — 7031 AMTEL 0.470 — — — 5.09 — 25.5 1.565 0.705 0.875 0.855 6399 ASTRO 0.870 0.015 7564.7 0.865 6.90 8.62 4,536.6 5.219 3.010 3.350 3.190 6888 AXIATA 3.280 0.080 8740 3.270 22.01 2.90 30,058.4 0.270 0.075 — — 6025 BJMEDIA 0.105 — — — — — 24.7 4.936 3.820 4.300 4.140 6947 DIGI 4.260 0.050 2237.8 4.228 23.11 4.27 33,121.5 0.310 0.075 0.100 0.100 0059 ECOHLDS 0.100 0.005 252.4 0.100 12.20 — 31.4 0.935 0.305 0.505 0.475 0082 GPACKET 0.505 0.025 1475 0.491 — — 472.7 5.645 4.590 5.190 5.040 6012 MAXIS 5.120 -0.070 2263.1 5.108 26.39 3.91 40,041.0 0.530 0.110 0.140 0.130 4502 MEDIA 0.140 0.005 1026.6 0.137 — — 155.3 0.255 0.120 0.190 0.175 5090 MEDIAC 0.185 0.005 3693.8 0.185 — 5.89 312.1 0.665 0.345 0.435 0.410 0172 OCK 0.435 0.015 3687 0.425 13.90 — 417.0 0.357 0.222 — — 7190 PPG 0.275 — — — — 3.64 27.5 0.250 0.085 0.115 0.095 5252 SASBADI 0.105 0.005 15145 0.103 15.00 — 44.0 0.580 0.450 — — 9431 SJC 0.540 — — — — — 21.9 0.701 0.209 0.260 0.245 6084 STAR 0.250 0.005 7811.5 0.253 32.47 8.00 184.6 9.670 8.277 9.240 9.120 5031 TIMECOM 9.240 UNCH 135 9.188 17.19 1.08 5,410.3 4.532 2.518 3.770 3.700 4863 TM 3.730 -0.030 781.5 3.742 22.20 2.68 14,046.4TECHNOLOGY 0.680 0.470 — — 7031 AMTEL 0.470 — — — 5.09 — 25.5 0.160 0.035 0.085 0.080 5195 CENSOF 0.085 0.005 269 0.083 — — 42.6 0.250 0.045 0.115 0.100 0051 CUSCAPI 0.105 -0.005 3445.7 0.108 — — 90.2 0.925 0.430 0.560 0.530 7204 D&O 0.550 0.015 8661.4 0.549 18.52 1.82 619.2 0.280 0.060 0.115 0.100 8338 DATAPRP 0.105 UNCH 2784.6 0.109 — — 48.7 0.060 0.015 0.025 0.020 0029 DIGISTA 0.025 0.005 2450.8 0.024 — — 16.5 0.310 0.070 0.140 0.125 4456 DNEX 0.135 0.005 36158.2 0.134 7.89 3.70 237.3 1.673 0.418 0.940 0.870 5216 DSONIC 0.915 0.045 39156.7 0.908 20.70 3.28 1,235.3 0.605 0.115 0.240 0.195 5036 EDARAN 0.240 0.045 292.3 0.222 — — 14.4 0.732 0.230 0.315 0.295 0065 EFORCE 0.310 0.015 3501.8 0.305 23.85 4.45 190.8 1.061 0.380 0.515 0.480 0090 ELSOFT 0.505 0.015 828.3 0.502 19.06 5.94 338.1 2.647 0.985 2.180 2.000 0128 FRONTKN 2.180 0.130 6661.2 2.128 32.98 1.15 2,296.5 0.100 0.030 — — 9377 FSBM 0.070 — — — — — 9.9 1.780 1.040 1.640 1.580 0021 GHLSYS 1.610 0.010 1290.4 1.597 41.60 — 1,206.2 0.935 0.305 0.505 0.475 0082 GPACKET 0.505 0.025 1475 0.491 — — 472.7 0.300 0.165 0.255 0.245 0056 GRANFLO 0.255 UNCH 510.5 0.251 42.50 1.96 126.9 2.439 1.290 1.720 1.600 7022 GTRONIC 1.670 0.080 1208 1.673 25.00 1.80 1,118.0 1.440 0.450 0.670 0.585 5028 HTPADU 0.640 0.050 3866.5 0.627 9.12 — 64.8 2.049 0.900 1.290 1.230 0166 INARI 1.290 0.060 3563.9 1.267 25.44 3.41 4,178.7 0.300 0.146 0.180 0.170 0192 INTA 0.180 0.010 298.8 0.173 4.29 5.56 96.3 0.130 0.030 — — 9393 ITRONIC 0.050 — — — — — 6.7 0.365 0.130 0.235 0.195 5161 JCY 0.220 0.030 24600 0.214 — 2.27 459.1 12.000 5.000 6.950 6.690 9334 KESM 6.900 0.210 38.9 6.773 31.18 1.30 296.8 0.150 0.020 0.050 0.045 0143 KEYASIC 0.050 UNCH 1091.4 0.050 — — 47.5 0.405 0.310 — — 0302 MCOM 0.405 — — — 126.56 — 76.4 3.077 0.949 1.990 1.900 5286 MI 1.960 0.050 7438.1 1.956 24.78 2.55 1,470.0 0.911 0.325 0.490 0.460 0113 MMSV 0.485 0.030 511.1 0.478 12.73 4.12 98.9 12.960 7.390 9.600 9.490 3867 MPI 9.590 0.090 42.6 9.514 14.16 3.34 2,012.8 1.600 0.550 0.800 0.745 5011 MSNIAGA 0.745 -0.015 22 0.757 — — 45.0 1.725 0.765 0.985 0.955 0138 MYEG 0.975 0.015 55157.8 0.973 13.73 1.95 3,516.1 0.243 0.040 0.070 0.060 0041 MYSCM 0.070 0.010 220.4 0.069 — — 22.3 1.380 0.410 0.715 0.675 0083 NOTION 0.700 0.025 22865.3 0.697 9.82 1.43 235.7 0.715 0.320 0.470 0.450 9008 OMESTI 0.450 0.005 5776.5 0.457 8.47 — 238.9 5.580 2.370 3.820 3.700 7160 PENTA 3.780 0.090 2126.6 3.774 21.62 — 1,795.0 0.650 0.100 0.200 0.180 5204 PRESBHD 0.195 0.015 9296.8 0.191 — — 94.4 0.580 0.160 0.280 0.220 9075 THETA 0.275 0.065 395.6 0.252 161.76 — 29.5 0.025 0.005 0.010 0.005 0118 TRIVE 0.010 0.005 2650 0.005 — — 26.5 0.165 0.060 0.065 0.065 4359 TURIYA 0.065 UNCH 29 0.065 — — 14.9 2.905 1.530 1.830 1.550 5005 UNISEM 1.710 0.150 1202.7 1.661 — 5.26 1,254.9 3.390 0.726 1.870 1.810 5292 UWC 1.840 0.040 10280.8 1.843 29.30 1.09 1,012.4 9.570 6.090 7.500 7.340 0097 VITROX 7.500 0.140 31.8 7.433 44.33 0.73 3,532.8 1.670 0.700 0.960 0.920 5162 VSTECS 0.955 0.035 326.8 0.947 5.79 5.76 171.9 0.645 0.300 0.395 0.370 0008 WILLOW 0.395 0.010 195.3 0.389 12.91 2.53 195.9UTILITIES 0.375 0.090 0.165 0.150 7471 EDEN 0.160 0.010 6428 0.159 11.11 — 64.5 2.855 2.300 2.650 2.620 5209 GASMSIA 2.650 0.030 110.5 2.644 17.91 3.62 3,402.6 0.915 0.645 0.840 0.810 5264 MALAKOF 0.825 0.015 1052.8 0.828 1.68 7.94 4,125.0 5.600 3.100 4.650 4.390 3069 MFCB 4.590 0.170 1055.4 4.494 11.98 0.87 2,110.6 1.158 0.725 0.835 0.825 5041 PBA 0.825 -0.025 21.5 0.827 10.86 3.19 273.3 17.652 13.360 15.300 15.120 6033 PETGAS 15.300 UNCH 472.7 15.286 15.64 4.71 30,274.6 1.400 0.820 1.030 0.990 5272 RANHILL 1.030 0.040 218.8 1.015 13.53 4.85 1,105.1 0.298 0.100 0.135 0.120 8567 SALCON 0.130 0.010 5785 0.130 — — 110.1 0.955 0.635 0.750 0.735 8524 TALIWRK 0.750 0.015 695.1 0.742 19.79 7.00 1,511.9 13.210 10.190 12.100 11.920 5347 TENAGA 12.100 0.180 4154.5 11.957 15.19 4.13 68,811.4 1.197 0.600 0.795 0.775 4677 YTL 0.790 UNCH 1654.4 0.786 80.61 5.06 8,708.0 0.853 0.480 0.660 0.620 6742 YTLPOWR 0.655 0.025 4594.4 0.641 12.04 7.63 5,343.6CLOSED-END FUNDS 2.470 1.850 2.040 2.010 5108 ICAP 2.040 0.010 9.2 2.026 75.56 — 285.6EXCHANGE TRADED FUNDS 1.340 1.177 — — 0800EA ABFMY1 1.225 — — — — 1.30 1,583.8 6.460 5.160 5.810 5.800 0829EA CHINAETF-MYR 5.810 0.080 3.5 5.804 — — 8.9 1.345 1.335 — — 0829EB CHINAETF-USD 1.335 — — — — — 0.9 4.070 3.020 — — 0831EA FANG-1XI 3.520 — — — — — 2.1 6.470 2.660 — — 0830EA FANG-2XL 3.170 — — — — — 0.6 1.790 1.350 — — 0820EA FBMKLCI-EA 1.480 — — — — 2.23 2.5 2.370 1.840 2.150 2.150 0833EA HSCEI-1XI 2.150 -0.010 30 2.150 — — 1.4 2.260 1.250 — — 0832EA HSCEI-2XL 1.500 — — — — — 0.5 2.670 2.005 2.330 2.330 0835EA KLCI1XI 2.330 UNCH 10 2.330 — — 2.3 2.000 1.260 — — 0834EA KLCI2XL 1.360 — — — — — 1.4 1.045 0.940 — — 0826EA METFAPA 0.945 — — — — — 17.0 1.000 0.440 0.450 0.440 0825EA METFSID 0.440 -0.010 5.8 0.442 — 4.93 27.3 1.410 1.040 — — 0827EA METFUS50 1.040 — — — — — 9.2 1.150 0.820 — — 0821EA MYETFDJ 0.860 — — — — 2.10 223.5 1.180 0.880 — — 0824EA MYETFID 0.900 — — — — 3.29 27.4 1.950 1.330 1.340 1.340 0822EA PAM-A40M 1.340 UNCH 2 1.340 — 5.11 3.6 1.690 1.300 1.390 1.390 0823EA PAM-C50 1.390 0.010 2 1.390 — — 9.9REAL ESTATE INVESTMENT TRUSTS 0.789 0.580 0.750 0.700 4952 AHP 0.710 0.005 18.2 0.720 12.22 8.10 156.2 1.592 1.164 1.400 1.380 5116 ALAQAR 1.400 0.010 470.2 1.385 13.53 4.89 1,030.4 0.873 0.585 — — 5269 ALSREIT 0.760 — — — 12.20 5.82 440.8 0.505 0.320 0.415 0.410 5120 AMFIRST 0.415 0.005 308.3 0.413 14.02 9.45 284.9 0.797 0.500 0.640 0.615 5127 ARREIT 0.630 0.010 321.4 0.626 27.27 9.84 361.1 1.171 0.805 0.920 0.915 5130 ATRIUM 0.915 -0.005 10 0.920 28.07 7.16 187.2 2.010 1.597 1.860 1.800 5106 AXREIT 1.840 0.040 699.4 1.828 14.27 4.01 2,653.9 1.071 0.735 0.915 0.900 5180 CMMT 0.910 -0.005 355.4 0.907 25.63 6.87 1,870.4 1.070 0.550 0.690 0.675 5121 HEKTAR 0.680 -0.010 130.9 0.677 27.42 11.43 314.1 2.035 1.430 1.610 1.580 5227 IGBREIT 1.610 0.020 2380.7 1.595 18.07 5.68 5,718.4 0.915 0.600 0.765 0.750 5280 KIPREIT 0.765 0.015 88.3 0.753 8.28 8.03 386.6 8.290 7.380 7.920 7.800 5235SS KLCC 7.800 -0.010 332.6 7.801 17.82 4.87 14,081.6 1.042 0.500 0.735 0.695 5123 MQREIT 0.735 0.010 129.3 0.710 26.92 9.25 787.8 1.845 1.350 1.600 1.580 5212 PAVREIT 1.590 0.010 703.7 1.589 18.40 5.35 4,838.9 1.918 1.500 1.610 1.560 5176 SUNREIT 1.580 -0.010 3611 1.574 11.76 6.21 4,653.2 0.883 0.490 0.610 0.600 5111 TWRREIT 0.610 0.005 44.5 0.606 13.83 8.49 171.1 1.368 1.050 1.180 1.170 5110 UOAREIT 1.170 0.010 7 1.174 23.49 7.79 494.8 1.359 0.700 0.960 0.930 5109 YTLREIT 0.935 -0.005 246.7 0.934 13.69 0.42 1,593.6SPAC 0.505 0.505 — — 5270 RSENA 0.505 — — — — — 505.0ENERGY 0.200 0.030 0.085 0.075 5115 ALAM 0.080 0.005 87707.9 0.081 — — 90.5 0.555 0.110 0.185 0.165 5210 ARMADA 0.175 0.010 222362 0.176 17.50 — 1,028.4 0.110 0.010 0.020 0.015 7251 BARAKAH 0.020 0.005 1618.4 0.020 — — 16.7 1.441 0.325 0.775 0.700 5257 CARIMIN 0.740 0.050 41762.8 0.739 5.61 5.68 173.1 1.510 0.530 0.770 0.735 5071 COASTAL 0.755 0.030 441.1 0.760 41.71 — 404.2 0.020 0.005 0.005 0.005 0091 DAYA 0.005 UNCH 500 0.005 — — 10.2 3.010 0.710 1.440 1.340 5141 DAYANG 1.410 0.070 51063.7 1.398 5.98 — 1,496.4 1.067 0.340 0.590 0.525 5132 DELEUM 0.555 0.035 4964.7 0.556 6.72 7.93 222.9 3.539 2.700 3.130 3.060 7277 DIALOG 3.090 -0.010 5601.5 3.091 28.69 1.23 17,432.7 0.510 0.135 0.260 0.235 7253 HANDAL 0.255 0.015 523.6 0.252 — — 55.8 6.230 2.200 2.990 2.800 4324 HENGYUAN 2.960 0.140 1964.6 2.927 25.81 — 888.0 1.240 0.245 0.530 0.455 5199 HIBISCS 0.510 0.060 440783 0.492 5.50 — 810.0 0.280 0.035 0.070 0.055 2739 HUAAN 0.060 UNCH 16359 0.062 — — 67.3 0.950 0.035 0.070 0.060 5255 ICON 0.070 0.010 27001.9 0.066 — — 184.9 0.475 0.085 0.170 0.145 7164 KNM 0.165 0.020 132019 0.159 8.46 — 436.4 0.970 0.255 0.465 0.445 5186 MHB 0.455 0.005 2777.4 0.455 — — 728.0 1.833 0.385 0.870 0.790 5133 PENERGY 0.840 0.035 6790.4 0.834 4.31 4.76 270.3

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)

0.555 0.100 0.190 0.170 7108 PERDANA 0.180 0.010 91893.4 0.180 — — 396.8 6.698 2.490 3.580 3.390 3042 PETRONM 3.550 0.170 425.9 3.502 5.42 5.63 958.5 0.345 0.025 0.080 0.065 5256 REACH 0.075 0.005 45062.6 0.074 — — 82.2 0.364 0.060 0.110 0.095 5218 SAPNRG 0.105 0.010 359310 0.103 — — 1,677.8 0.145 0.010 0.025 0.015 7158 SCOMI 0.020 UNCH 2978.9 0.021 — — 21.9 0.700 0.035 0.075 0.060 7045 SCOMIES 0.065 0.005 2144.3 0.067 — — 30.4 2.492 1.020 1.750 1.660 5279 SERBADK 1.700 0.030 23152.5 1.712 11.36 2.88 5,242.5 0.045 0.005 — — 1201 SUMATEC 0.005 — — — — — 21.3 0.554 0.210 0.340 0.320 7228 T7GLOBAL 0.335 0.010 448.7 0.331 22.95 1.49 178.2 0.145 0.040 0.080 0.065 7206 THHEAVY 0.080 0.015 14102.2 0.071 7.27 — 89.7 1.140 0.310 0.650 0.530 7250 UZMA 0.620 0.100 52344 0.602 6.83 — 198.4 0.410 0.090 0.175 0.160 5243 VELESTO 0.165 0.005 157823 0.169 40.24 — 1,355.6 1.450 0.460 0.675 0.600 5142 WASEONG 0.670 0.075 10475.4 0.649 21.54 — 519.2 7.420 4.240 4.930 4.810 7293 YINSON 4.900 0.090 1315.2 4.894 25.67 1.22 5,368.7

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 & SERVICES 0.730 0.225 0.380 0.335 0098 BAHVEST 0.380 0.055 11545.7 0.360 51.35 — 465.5 0.225 0.065 0.110 0.100 0179 BIOHLDG 0.105 0.005 6309.9 0.104 10.00 1.05 90.3 0.215 0.085 0.125 0.115 0205 DPIH 0.125 0.010 509.7 0.118 5.43 3.60 60.8 0.790 0.095 0.550 0.495 0116 FOCUS 0.515 -0.020 27977 0.523 — — 1,052.8 0.770 0.225 0.390 0.370 0157 FOCUSP 0.380 0.005 378.8 0.381 7.54 4.61 83.6 0.150 0.075 0.090 0.085 0074 GOCEAN 0.090 Unch 363.1 0.089 — — 26.1 0.125 0.035 0.075 0.070 0170 KANGER 0.075 0.005 692.9 0.071 7.89 — 92.6 0.408 0.115 0.175 0.170 0210 KHJB 0.170 Unch 111.6 0.171 6.37 8.82 64.6 0.220 0.110 0.165 0.150 0180 KTC 0.155 Unch 978.9 0.158 7.49 — 79.1 0.270 0.085 0.240 0.225 0182 LKL 0.230 0.005 12992.9 0.234 — — 98.6 0.220 0.030 — — 0140 MACPIE 0.070 — — — — — 24.7 0.645 0.340 0.470 0.455 0201 NOVA 0.465 0.005 531.9 0.461 12.11 2.47 147.8 0.150 0.090 — — 0153 OVERSEA 0.130 — — — — — 32.0 0.175 0.025 0.055 0.050 0022 PARLO 0.050 0.005 408 0.051 — — 18.2 0.400 0.120 0.160 0.150 0171 PLABS 0.160 0.010 540.1 0.151 8.04 — 34.4 0.509 0.300 0.410 0.410 0158 SCC 0.410 0.010 6 0.410 10.90 8.29 57.9 0.270 0.095 0.135 0.125 0212 SDS 0.130 0.005 1418.7 0.125 — — 52.8 0.275 0.115 0.145 0.135 0216 SPRING 0.145 Unch 479.5 0.140 3.33 — 60.3 0.200 0.030 0.075 0.055 0148 SUNZEN 0.075 0.020 419.6 0.058 — — 40.1 0.370 0.100 0.140 0.120 0197 WEGMANS 0.130 0.005 1381.5 0.132 8.18 3.85 65.0 0.270 0.120 0.185 0.180 0095 XINGHE 0.185 Unch 12372.7 0.182 — — 113.2INDUSTRIAL PRODUCTS & SERVICES 0.260 0.135 0.260 0.235 0218 ACO 0.255 0.020 21017 0.250 0.09 — 76.5 0.295 0.175 — — 0122 AIM 0.210 — — — — — 55.9 0.085 0.030 0.045 0.035 0105 ASIAPLY 0.040 0.005 2147 0.038 — — 18.3 0.095 0.015 0.025 0.020 0072 AT 0.025 Unch 460 0.024 — — 37.4 0.205 0.060 0.120 0.100 0187 BCMALL 0.115 0.010 9310.9 0.112 9.43 1.74 48.4 0.425 0.130 0.275 0.255 0163 CAREPLS 0.270 0.010 15762.6 0.266 — — 143.5 0.130 0.045 0.055 0.055 0102 CONNECT 0.055 Unch 42.9 0.055 — — 18.2 0.245 0.100 0.125 0.120 0190 ESAFE 0.125 0.005 110.1 0.121 18.94 14.40 30.1 0.390 0.127 0.215 0.195 0100 ESCERAM 0.205 0.005 2710.1 0.205 17.83 2.93 42.1 0.548 0.060 0.140 0.125 0039 GFM 0.135 0.005 1709.2 0.132 10.63 8.15 63.8 1.950 0.130 0.175 0.175 0175 HHGROUP 0.175 Unch 7 0.175 — — 5.9 0.155 0.040 0.060 0.060 0160 HHHCORP 0.060 0.005 300 0.060 10.53 — 20.0 0.305 0.100 0.180 0.170 0188 HLT 0.180 0.010 974.9 0.174 19.78 — 92.2 0.055 0.025 0.030 0.025 0024 JAG 0.030 Unch 1949.8 0.027 — — 54.6 1.043 0.078 0.835 0.810 0193 KAB 0.815 0.005 328.7 0.820 67.36 0.61 754.3 0.385 0.055 0.140 0.125 0167 MCLEAN 0.140 0.005 851.9 0.132 — — 27.6 0.180 0.035 0.075 0.070 0081 MEGASUN 0.070 0.005 230 0.071 — — 17.5 0.210 0.050 0.080 0.075 0207 MESTRON 0.080 Unch 1433.4 0.078 13.79 — 63.2 0.688 0.200 0.320 0.270 0213 MTAG 0.310 0.035 19874.4 0.298 5.77 — 211.3 0.070 0.010 0.020 0.015 0177 PASUKGB 0.020 0.005 164.4 0.017 — — 16.3 0.220 0.050 0.115 0.115 0038 PTB 0.115 0.010 29 0.115 — — 30.2 0.435 0.155 0.245 0.225 0217 PWRWELL 0.240 0.010 8591.3 0.236 12.50 — 139.3 0.265 0.080 0.115 0.105 0196 QES 0.115 Unch 3388.3 0.110 26.14 — 87.2 0.075 0.035 0.045 0.040 0133 SANICHI 0.045 Unch 84395.2 0.045 — — 49.9 0.140 0.035 0.055 0.055 0161 SCH 0.055 0.005 2 0.055 5.24 — 30.6 0.982 0.315 0.635 0.540 0001 SCOMNET 0.625 0.105 15211.9 0.601 21.33 1.60 401.9 0.290 0.065 0.095 0.095 0028 SCOPE 0.095 -0.005 960.7 0.095 — — 59.8 0.155 0.050 0.080 0.070 0055 SERSOL 0.075 0.010 717.5 0.075 — — 16.2 1.410 0.510 0.780 0.735 0215 SLVEST 0.760 0.025 10830.2 0.761 20.00 — 296.9 0.580 0.095 0.150 0.145 0211 TASHIN 0.145 0.015 87.1 0.145 34.52 — 50.6 0.575 0.190 0.305 0.280 0084 TECFAST 0.295 0.010 3903.4 0.296 19.16 3.39 67.3 0.502 0.140 0.225 0.210 0089 TEXCYCL 0.225 -0.005 99.9 0.219 11.36 2.67 57.6 0.610 0.215 0.315 0.300 0162 WIDAD 0.310 0.005 10261.1 0.307 63.27 — 760.9 0.195 0.075 0.090 0.085 0025 YBS 0.085 -0.005 289.4 0.089 56.67 — 20.6TECHNOLOGY 0.325 0.075 0.165 0.155 0181 AEMULUS 0.165 0.010 1473.7 0.162 — 1.21 90.7 0.265 0.075 0.125 0.115 0119 APPASIA 0.125 0.005 93 0.123 — — 43.2 0.280 0.060 — — 0068 ASDION 0.080 — — — — — 10.2 0.600 0.195 0.345 0.310 0195 BINACOM 0.335 0.020 10291.3 0.327 27.24 — 88.6 0.299 0.110 — — 0191 CABNET 0.150 — — — 11.19 5.33 26.8 0.195 0.015 0.025 0.015 0152 DGB 0.020 Unch 21416.8 0.020 — — 15.7 0.110 0.045 0.070 0.060 0131 DGSB 0.065 Unch 597.6 0.065 12.26 — 48.5 0.020 0.005 0.010 0.005 0154 EAH 0.010 0.005 4817 0.008 — — 50.7 0.069 0.010 0.015 0.010 0107 EDUSPEC 0.015 Unch 1246.5 0.015 — — 25.5 1.750 1.030 1.220 1.150 0104 GENETEC 1.150 -0.050 30.3 1.184 12.50 4.35 48.7 0.100 0.030 0.035 0.030 0045 GNB 0.035 Unch 80 0.034 — — 10.1 3.880 0.635 2.320 2.210 0208 GREATEC 2.280 0.070 2930.8 2.276 24.97 — 1,427.3 0.035 0.015 0.015 0.015 0174 IDMENSN 0.015 Unch 2.5 0.015 — — 4.1 0.570 0.165 0.260 0.235 0023 IFCAMSC 0.255 0.015 13458.7 0.252 22.97 3.92 155.1 0.085 0.015 0.025 0.020 0094 INIX 0.025 Unch 206 0.024 — — 7.5 0.195 0.060 0.100 0.080 0010 IRIS 0.095 0.015 32033.6 0.091 8.64 — 281.8 0.275 0.095 0.150 0.135 0209 ISTONE 0.150 0.010 3034.8 0.143 18.07 — 183.2 1.950 0.695 1.420 1.360 0146 JFTECH 1.390 Unch 120.1 1.397 123.01 0.36 291.9 1.768 0.500 0.800 0.755 0127 JHM 0.785 0.020 7102.9 0.781 14.38 2.55 437.7 0.285 0.090 0.140 0.130 0111 K1 0.140 0.005 2027.9 0.134 16.28 — 102.1 0.050 0.010 — — 0036 KGROUP 0.020 — — — — — 11.6 0.960 0.315 0.455 0.425 0176 KRONO 0.450 0.025 16503.3 0.443 10.82 4.44 235.1 0.150 0.005 0.015 0.010 0018 LAMBO 0.010 Unch 225493 0.010 2.08 — 21.0 0.405 0.120 0.280 0.240 0075 LYC 0.275 0.035 5550 0.266 — — 97.7 0.055 0.020 0.035 0.030 0017 M3TECH 0.030 Unch 240 0.033 — — 19.4 0.285 0.104 0.185 0.180 0155 MGRC 0.185 Unch 218.4 0.184 0.87 — 19.1 0.980 0.305 0.750 0.705 0126 MICROLN 0.750 0.055 167.8 0.726 14.34 — 138.1 0.265 0.130 0.145 0.140 0112 MIKROMB 0.145 0.005 104 0.143 14.36 5.52 85.4 0.075 0.010 0.020 0.015 0085 MLAB 0.015 -0.005 3651 0.015 — — 11.6 0.400 0.120 — — 0034 MMAG 0.200 — — — — — 143.7 0.125 0.010 0.015 0.010 0103 MNC 0.015 Unch 1849.9 0.014 — — 17.1 0.135 0.040 0.070 0.055 0156 MPAY 0.070 0.010 467.5 0.064 — — 49.7 0.050 0.010 0.020 0.015 0070 MQTECH 0.020 Unch 255 0.015 — — 13.7 0.205 0.050 0.090 0.075 0092 MTOUCHE 0.080 Unch 48340.5 0.082 — — 40.7 0.880 0.350 0.505 0.495 0108 N2N 0.505 0.025 104 0.500 17.72 3.96 301.9 0.025 0.005 0.010 0.005 0020 NETX 0.010 0.005 59615.8 0.010 — — 41.0 0.020 0.005 0.010 0.005 0096 NEXGRAM 0.010 Unch 16236.5 0.010 — — 20.7 0.110 0.015 0.035 0.025 0026 NOVAMSC 0.030 Unch 6512.2 0.030 — — 22.5 0.840 0.195 0.365 0.315 0035 OPCOM 0.355 0.035 5620.9 0.342 — — 57.2 0.448 0.256 0.370 0.305 0040 OPENSYS 0.350 0.035 16517.7 0.349 9.38 5.71 104.3 0.215 0.030 0.045 0.035 0079 ORION 0.045 Unch 2080.3 0.040 — — 32.8 0.390 0.180 — — 0006 PINEAPP 0.260 — — — — — 12.6 0.085 0.020 0.025 0.025 0123 PRIVA 0.025 Unch 130 0.025 — — 14.0 1.530 0.670 1.110 1.040 0200 REVENUE 1.080 0.050 6657.4 1.073 32.73 — 420.6 0.715 0.355 0.470 0.450 0106 REXIT 0.455 -0.005 81.5 0.461 9.08 6.59 86.1 0.390 0.180 0.270 0.250 0202 RGTECH 0.265 0.010 12177.3 0.264 25.00 — 139.2 0.310 0.080 0.130 0.120 0178 SEDANIA 0.130 0.010 447.7 0.125 12.62 — 32.7 0.267 0.035 0.085 0.070 0203 SMETRIC 0.085 0.010 2868.8 0.079 20.24 — 41.4 0.125 0.015 0.050 0.040 0117 SMRT 0.050 Unch 132 0.041 — — 20.4 0.280 0.040 0.055 0.055 0169 SMTRACK 0.055 Unch 74.6 0.055 — — 9.7 0.130 0.045 0.060 0.050 0093 SOLUTN 0.055 Unch 751 0.053 — — 16.9 0.450 0.195 0.395 0.380 0129 SRIDGE 0.385 -0.005 1599.6 0.385 — — 56.0 0.250 0.060 0.100 0.095 0050 SYSTECH 0.100 Unch 85 0.099 — 2.00 34.8 0.090 0.020 0.040 0.035 0132 TDEX 0.040 Unch 508 0.036 — — 27.2 0.140 0.040 — — 0145 TFP 0.060 — — — — — 12.5 0.260 0.035 0.080 0.065 0005 UCREST 0.080 0.010 2790.7 0.073 — — 37.1 0.330 0.020 0.060 0.050 0060 VC 0.055 Unch 44447.8 0.055 — — 29.5 0.775 0.210 0.360 0.310 0120 VIS 0.355 0.045 9590.2 0.341 15.78 2.82 60.6 0.025 0.015 0.020 0.015 0069 VIVOCOM 0.015 Unch 1132 0.017 75.00 — 85.0 0.245 0.015 0.025 0.020 0066 VSOLAR 0.020 Unch 790.6 0.023 — — 8.2 0.045 0.035 — — 0141 WINTONI 0.035 — — — — — 18.0 0.200 0.090 0.090 0.090 0086 YGL 0.090 -0.005 50 0.090 — — 23.0TELECOMMUNICATIONS & MEDIA 0.600 0.195 0.345 0.310 0195 BINACOM 0.335 0.020 10291.3 0.327 27.24 — 88.6 0.520 0.290 — — 0147 INNITY 0.320 — — — 35.16 — 44.5 0.055 0.020 0.035 0.030 0017 M3TECH 0.030 Unch 240 0.033 — — 19.4 0.125 0.010 0.015 0.010 0103 MNC 0.015 Unch 1849.9 0.014 — — 17.1 0.205 0.050 0.090 0.075 0092 MTOUCHE 0.080 Unch 48340.5 0.082 — — 40.7 0.020 0.005 0.010 0.005 0096 NEXGRAM 0.010 Unch 16236.5 0.010 — — 20.7 0.840 0.195 0.365 0.315 0035 OPCOM 0.355 0.035 5620.9 0.342 — — 57.2 0.085 0.020 0.025 0.025 0123 PRIVA 0.025 Unch 130 0.025 — — 14.0 0.525 0.060 0.105 0.095 0007 PUC 0.100 0.005 1741.1 0.099 — — 47.5 0.610 0.200 0.325 0.295 0032 REDTONE 0.315 0.020 6427 0.312 8.80 — 246.5 0.255 0.040 0.080 0.055 0173 REV 0.080 0.005 32.4 0.070 — — 10.8 0.310 0.080 0.130 0.120 0178 SEDANIA 0.130 0.010 447.7 0.125 12.62 — 32.7 0.450 0.195 0.395 0.380 0129 SRIDGE 0.385 -0.005 1599.6 0.385 — — 56.0 0.065 0.010 0.025 0.015 0165 XOX 0.025 0.005 14127.1 0.020 — — 27.3FINANCIAL SERVICES 0.095 0.020 0.030 0.025 0150 FINTEC 0.030 Unch 2014.7 0.029 0.11 — 24.4 0.580 0.300 0.380 0.300 0053 OSKVI 0.380 0.030 10.7 0.325 12.22 — 75.1HEALTH CARE 0.425 0.130 0.275 0.255 0163 CAREPLS 0.270 0.010 15762.6 0.266 — — 143.5 0.270 0.085 0.240 0.225 0182 LKL 0.230 0.005 12992.9 0.234 — — 98.6 0.285 0.104 0.185 0.180 0155 MGRC 0.185 Unch 218.4 0.184 0.87 — 19.1 0.645 0.340 0.470 0.455 0201 NOVA 0.465 0.005 531.9 0.461 12.11 2.47 147.8TRANSPORTATION & LOGISTICS 0.090 0.030 0.040 0.040 0048 ANCOMLB 0.040 Unch 3.1 0.040 — — 18.9 0.275 0.130 0.160 0.150 0080 STRAITS 0.155 0.005 1861.6 0.154 14.22 — 100.9 0.424 0.170 0.235 0.230 0199 TRIMODE 0.235 0.030 61.2 0.230 15.56 3.19 39.0CONSTRUCTION 0.783 0.248 0.535 0.500 0198 GDB 0.520 0.020 6646.3 0.520 11.13 3.85 325.0 0.304 0.185 0.235 0.225 0206 NADIBHD 0.235 0.005 155 0.230 6.97 4.26 177.0 0.050 0.015 0.025 0.020 0109 SCBUILD 0.025 Unch 2860.2 0.021 10.42 — 22.1PLANTATION 0.100 0.050 0.060 0.055 0189 MATANG 0.060 0.005 2977.2 0.058 100.00 2.50 108.6UTILITIES 0.280 0.150 0.230 0.215 0011 BTECH 0.225 0.005 2806.8 0.223 9.70 7.11 56.7

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

TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY 2 2

Bursa Malaysia Equity Derivatives

0.320 0.130 0.220 0.215 70358 A50CHIN-C58 0.220 0.030 179.5 7.612 9.001 22.58 30/09/2020 0.665 0.310 0.485 0.445 70360 A50CHIN-C60 0.480 0.040 128 7.612 7.876 12.92 30/09/2020 0.500 0.050 0.275 0.245 70339 A50CHIN-H39 0.245 -0.070 40 7.613 7.032 -2.81 30/06/2020 0.815 0.225 0.560 0.525 70345 A50CHIN-H45 0.525 -0.075 202 7.613 7.595 10.10 30/09/2020 0.050 0.005 0.005 0.005 5238WA AAX-WA 0.005 Unch 11 0.065 0.460 615.38 08/06/2020 0.060 0.005 0.015 0.010 6599CX AEON-CX 0.015 0.005 691.5 1.070 1.450 38.32 30/11/2020 0.160 0.005 0.010 0.010 50991A AIRASIAC1A 0.010 Unch 100 0.810 1.720 116.05 27/10/2020 0.050 0.005 0.015 0.010 50991C AIRASIAC1C 0.015 Unch 596.7 0.810 1.250 58.02 30/10/2020 0.095 0.005 0.020 0.015 50991D AIRASIAC1D 0.015 -0.010 174.4 0.810 1.300 64.20 30/11/2020 0.085 0.010 0.030 0.030 50991E AIRASIAC1E 0.030 -0.010 83.7 0.810 1.280 69.14 15/01/2021 0.080 0.035 0.080 0.075 50991G AIRASIAC1G 0.080 Unch 110.1 0.810 1.230 78.52 18/12/2020 0.145 0.005 0.005 0.005 509993 AIRASIAC93 0.005 Unch 4 0.810 1.800 123.46 30/07/2020 0.105 0.005 0.005 0.005 509994 AIRASIAC94 0.005 Unch 50 0.810 1.980 146.30 30/10/2020 0.045 0.005 0.005 0.005 509998 AIRASIAC98 0.005 Unch 1211.1 0.810 1.680 108.95 30/11/2020 0.050 0.005 0.005 0.005 509999 AIRASIAC99 0.005 -0.005 111.1 0.810 1.650 104.94 30/10/2020 0.010 0.005 0.005 0.005 501415 AIRPORT-C15 0.005 Unch 75 2.205 7.700 251.02 30/11/2020 0.080 0.010 0.035 0.025 5115WA ALAM-WA 0.030 0.005 38693 0.080 0.120 87.50 28/03/2022 0.090 0.005 0.015 0.010 101519 AMBANK-C19 0.015 0.005 635.6 2.950 3.850 32.03 30/10/2020 0.010 0.005 — — 9342WC ANZO-WC 0.005 — — 0.020 0.200 925.00 18/06/2020 0.195 0.030 0.070 0.070 0119WA APPASIA-WA 0.070 Unch 200 0.125 0.130 60.00 23/12/2024 0.025 0.015 — — 7007WB ARK-WB 0.025 — — 0.150 1.000 583.33 30/06/2021 0.630 0.010 0.025 0.020 521051 ARMADA-C51 0.020 Unch 1110.1 0.175 0.235 40.00 30/06/2020 0.275 0.010 0.020 0.020 521054 ARMADA-C54 0.020 0.010 200 0.175 0.320 94.29 30/10/2020 0.250 0.015 0.015 0.015 521055 ARMADA-C55 0.015 Unch 100 0.175 0.360 114.29 30/10/2020 0.180 0.005 0.005 0.005 521056 ARMADA-C56 0.005 Unch 1310.1 0.175 0.480 177.14 21/09/2020 0.130 0.005 0.005 0.005 521057 ARMADA-C57 0.005 Unch 100 0.175 0.480 178.57 28/07/2020 0.280 0.040 0.075 0.065 7579WA AWC-WA 0.075 0.010 590.1 0.325 0.880 193.85 25/12/2023 0.230 0.005 — — 688838 AXIATA-C38 0.005 — — 0.286 4.440 1,463 30/04/2020 0.090 0.030 0.030 0.030 688853 AXIATA-C53 0.030 Unch 20 3.280 4.180 32.93 30/11/2020 0.330 0.050 0.070 0.060 7078WA AZRB-WA 0.060 Unch 1288.6 0.185 0.630 272.97 13/05/2024 0.450 0.130 0.250 0.215 0098WA BAHVEST-WA 0.250 0.040 5232.2 0.380 0.430 78.95 20/08/2024 0.245 0.030 0.055 0.050 4162CV BAT-CV 0.055 0.010 235 10.560 12.000 21.45 27/10/2020 0.100 0.035 0.040 0.035 4162CW BAT-CW 0.035 Unch 130 10.560 14.500 47.25 09/10/2020 0.315 0.030 0.085 0.080 4162CX BAT-CX 0.080 0.005 570.4 10.560 12.000 21.21 30/10/2020 0.170 0.040 0.060 0.060 4162CY BAT-CY 0.060 0.005 300 10.560 13.000 37.31 15/01/2021 0.395 0.115 0.185 0.165 5258WA BIMB-WA 0.180 0.005 771.7 3.240 4.720 51.23 04/12/2023 0.090 0.015 0.025 0.020 0179WA BIOHLDG-WA 0.025 0.005 232 0.105 0.220 133.33 05/01/2022 0.070 0.015 0.015 0.015 3239WB BJASSET-WB 0.015 -0.005 7 0.295 0.350 23.73 09/06/2023 0.020 0.005 0.010 0.005 7036WC BORNOIL-WC 0.005 Unch 340 0.020 0.070 275.00 08/11/2025 0.025 0.005 0.010 0.010 7036WD BORNOIL-WD 0.010 Unch 307.2 0.020 0.070 300.00 29/05/2027 0.045 0.010 0.020 0.015 5932WA BPURI-WA 0.015 Unch 300.4 0.045 0.100 155.56 22/12/2022 0.135 0.030 0.075 0.065 7035WA CCK-WA 0.070 0.010 2402.4 0.490 0.900 97.96 18/06/2023 0.110 0.030 0.050 0.050 102360 CIMB-C60 0.050 -0.005 100 3.500 5.280 56.57 18/12/2020 0.050 0.005 0.020 0.020 102361 CIMB-C61 0.020 Unch 100 3.500 4.880 42.86 06/11/2020 0.090 0.005 0.015 0.010 285219 CMSB-C19 0.010 Unch 705 1.220 2.300 91.80 06/11/2020 0.700 0.170 0.420 0.320 8125WB DAIBOCI-WB 0.400 0.080 388.6 1.890 2.500 53.44 19/06/2022 0.440 0.040 0.075 0.070 5276WA DANCO-WA 0.075 Unch 45 0.345 0.300 8.70 22/05/2022 0.340 0.005 0.040 0.040 5141C1 DAYANG-C1 0.040 Unch 163.5 1.410 1.903 45.77 07/09/2020 0.190 0.005 0.015 0.015 5141C4 DAYANG-C4 0.015 0.005 250 1.410 2.350 71.99 26/08/2020 0.270 0.005 0.025 0.020 5141C5 DAYANG-C5 0.025 0.005 3455.6 1.410 2.200 63.12 07/12/2020 0.090 0.005 0.020 0.020 5141C8 DAYANG-C8 0.020 Unch 200.1 1.410 3.000 118.44 22/01/2021 0.505 0.015 0.090 0.070 5141CX DAYANG-CX 0.080 0.015 4260.1 1.410 1.599 29.57 30/10/2020 0.455 0.010 0.060 0.050 5141CY DAYANG-CY 0.060 0.010 451.4 1.410 1.789 39.02 30/10/2020 0.015 0.005 0.005 0.005 7179WB DBE-WB 0.005 Unch 85.1 0.025 0.050 120.00 22/01/2022 0.140 0.005 0.020 0.015 3484WA DBHD-WA 0.020 Unch 185.6 0.225 0.580 166.67 27/11/2020 0.030 0.005 — — 0152WB DGB-WB 0.005 — — 0.020 0.120 525.00 27/06/2021 0.065 0.020 0.035 0.035 727756 DIALOG-C56 0.035 Unch 580 3.090 3.400 13.43 30/10/2020 0.055 0.030 0.045 0.045 694737 DIGI-C37 0.045 0.005 60 4.260 4.680 16.20 09/11/2020 0.070 0.035 0.055 0.045 694738 DIGI-C38 0.055 0.005 150.8 4.260 4.400 8.45 30/10/2020 0.040 0.010 — — 0029WB DIGISTA-WB 0.010 — — 0.025 0.260 980.00 04/04/2023 0.085 0.005 0.015 0.010 4456WD DNEX-WD 0.015 Unch 1009 0.135 0.500 281.48 30/07/2021 0.260 0.025 0.050 0.040 7114WA DNONCE-WA 0.040 -0.010 13.7 0.235 0.250 23.40 25/11/2020 0.060 0.005 0.010 0.010 5265WA DOLPHIN-WA 0.010 -0.005 50 0.055 0.800 1,373 29/03/2021 0.095 0.005 0.010 0.010 16191A DRBHCOMC1A 0.010 0.005 1250 1.320 2.300 76.52 30/10/2020 0.260 0.005 0.005 0.005 161983 DRBHCOMC83 0.005 Unch 50.2 1.320 2.100 60.61 29/05/2020 0.170 0.005 0.015 0.010 161997 DRBHCOMC97 0.015 0.005 1210 1.320 2.200 70.08 07/12/2020 0.375 0.010 0.070 0.050 521611 DSONIC-C11 0.065 0.015 3120.3 0.915 1.000 23.50 30/07/2020 0.290 0.005 0.040 0.025 521612 DSONIC-C12 0.040 0.015 1315.8 0.915 1.180 37.70 30/07/2020 0.425 0.005 0.055 0.050 521613 DSONIC-C13 0.055 0.015 415 0.915 1.150 34.70 26/08/2020 0.250 0.005 0.040 0.015 521614 DSONIC-C14 0.040 Unch 122.2 0.915 1.250 46.23 19/06/2020 0.135 0.005 0.015 0.010 521617 DSONIC-C17 0.015 Unch 125.8 0.915 1.800 101.31 14/08/2020 0.050 0.010 0.020 0.020 521620 DSONIC-C20 0.020 Unch 84 0.915 1.880 112.02 06/11/2020 0.470 0.205 0.365 0.360 5216HB DSONIC-HB 0.360 -0.050 20 0.915 1.600 153.55 21/09/2020 0.935 0.070 0.380 0.315 5216WA DSONIC-WA 0.375 0.070 57420.3 0.915 1.090 60.11 05/07/2023 0.850 0.005 0.070 0.060 7165WA DWL-WA 0.065 0.015 651.2 0.205 0.600 224.39 07/04/2021 0.320 0.040 0.080 0.075 5253WA ECONBHD-WA 0.080 0.005 1480.7 0.490 1.250 171.43 02/01/2023 0.030 0.005 0.005 0.005 8206CV ECOWLD-CV 0.005 Unch 0.1 0.405 0.880 119.75 30/04/2020 0.300 0.060 0.085 0.075 8206WA ECOWLD-WA 0.085 0.005 231.5 0.405 2.080 434.57 26/03/2022 0.125 0.025 0.050 0.040 7471WB EDEN-WB 0.050 0.005 2436.1 0.160 0.300 118.75 13/08/2021 0.150 0.005 0.015 0.010 8907WC EG-WC 0.015 0.005 502 0.270 0.500 90.74 03/11/2020 0.108 0.003 0.010 0.005 8877C3 EKOVEST-C3 0.010 Unch 212.1 0.415 0.750 84.10 15/05/2020 0.100 0.005 0.010 0.010 8877C6 EKOVEST-C6 0.010 0.005 450 0.415 0.770 92.77 09/11/2020 0.280 0.040 0.110 0.065 7249WB EWEIN-WB 0.095 0.040 1459.7 0.305 0.800 193.44 24/09/2022 0.250 0.045 0.070 0.060 5283WA EWINT-WA 0.060 0.005 2749.4 0.385 1.450 292.21 04/04/2022 0.100 0.005 — — 06507T FBMKLCI-C7T 0.005 — — 132.82 1,580 1,093 30/06/2020 0.060 0.005 0.010 0.010 06509A FBMKLCI-C9A 0.010 0.005 310.1 241.47 1,600 565.50 28/08/2020 0.080 0.005 0.025 0.025 06509C FBMKLCI-C9C 0.025 Unch 310 1,097 1,600 46.85 28/08/2020 0.085 0.025 0.070 0.060 06509D FBMKLCI-C9D 0.070 0.005 363 1,341 1,550 18.07 30/10/2020 0.385 0.170 0.325 0.300 06509E FBMKLCI-C9E 0.320 0.010 292.3 1,341 1,470 16.73 30/09/2020 0.500 0.065 0.285 0.275 06508L FBMKLCI-H8L 0.275 -0.020 140 1,341 1,589 38.93 30/06/2020 0.455 0.055 0.255 0.225 06508R FBMKLCI-H8R 0.235 -0.020 14224.5 1,341 1,508 29.91 30/10/2020 0.500 0.075 0.275 0.245 06508S FBMKLCI-H8S 0.250 -0.030 2674.2 1,341 1,558 34.76 30/10/2020 0.535 0.030 0.345 0.330 06508T FBMKLCI-H8T 0.330 -0.030 36 1,341 1,560 33.49 30/04/2020 0.545 0.050 0.375 0.375 06508U FBMKLCI-H8U 0.375 -0.010 10 1,341 1,570 36.58 29/05/2020 1.180 0.200 0.750 0.740 06508W FBMKLCI-H8W 0.740 -0.005 12.3 1,341 1,540 31.33 29/05/2020 1.000 0.360 0.625 0.595 06508Z FBMKLCI-H8Z 0.605 -0.025 437.6 1,341 1,550 33.02 30/11/2020 0.410 0.235 0.410 0.410 0650AA FBMKLCI-HAA 0.410 0.005 40 1,341 1,585 39.53 30/07/2020 0.660 0.270 0.395 0.365 0650AD FBMKLCI-HAD 0.375 -0.020 1055.5 1,341 1,500 25.44 28/08/2020 0.730 0.290 0.470 0.440 0650AE FBMKLCI-HAE 0.440 -0.030 54.5 1,341 1,530 30.04 30/10/2020 1.100 0.700 0.745 0.710 0650AF FBMKLCI-HAF 0.715 -0.030 550.8 1,341 1,420 21.83 30/09/2020 0.450 0.030 0.060 0.060 522283 FGV-C83 0.060 Unch 0.4 0.890 0.950 16.85 30/07/2020 0.325 0.020 0.050 0.040 522284 FGV-C84 0.045 0.010 2044.5 0.890 0.980 20.22 30/10/2020 0.195 0.005 0.025 0.020 522288 FGV-C88 0.025 0.005 710 0.890 1.300 51.69 07/12/2020 0.045 0.005 0.010 0.010 522290 FGV-C90 0.010 Unch 44.9 0.890 1.750 98.31 30/10/2020 0.100 0.020 0.020 0.020 522291 FGV-C91 0.020 Unch 65 0.890 1.480 73.03 30/11/2020 0.045 0.025 0.040 0.040 522292 FGV-C92 0.040 0.005 45 0.890 1.250 52.13 09/10/2020 0.050 0.035 0.050 0.045 522294 FGV-C94 0.050 0.010 2000 0.890 1.250 51.69 25/11/2020 0.020 0.005 — — 0150WA FINTEC-WA 0.010 — — 0.030 0.300 933.33 19/04/2024 0.030 0.005 0.010 0.010 0150WB FINTEC-WB 0.010 Unch 14 0.030 0.150 433.33 03/12/2022 0.445 0.020 0.265 0.260 0128CA FRONTKN-CA 0.265 0.045 10.2 2.180 1.380 -0.23 30/06/2020 0.370 0.010 0.210 0.175 0128CG FRONTKN-CG 0.210 0.030 792.8 2.180 1.600 2.29 26/06/2020 0.315 0.010 0.165 0.130 0128CH FRONTKN-CH 0.165 0.025 626.3 2.180 1.800 5.28 26/06/2020 0.240 0.010 0.085 0.070 0128CI FRONTKN-CI 0.085 0.020 1926 2.180 2.000 3.44 22/05/2020 0.185 0.010 0.125 0.115 0128CM FRONTKN-CM 0.125 0.040 13 2.180 2.500 31.88 15/01/2021 0.450 0.040 0.075 0.065 9261WB GADANG-WB 0.070 0.005 1385.1 0.355 1.060 218.31 29/11/2021 0.215 0.005 0.015 0.015 539870 GAMUDA-C70 0.015 Unch 10 2.990 3.500 19.57 29/05/2020 0.110 0.005 0.005 0.005 539873 GAMUDA-C73 0.005 Unch 30 2.990 4.180 40.80 30/06/2020 0.195 0.005 0.020 0.020 539878 GAMUDA-C78 0.020 0.005 426.2 2.990 3.910 33.44 12/10/2020 0.060 0.010 0.030 0.030 539882 GAMUDA-C82 0.030 0.005 20 2.990 3.850 34.78 06/11/2020 0.490 0.030 0.080 0.055 5398WE GAMUDA-WE 0.075 0.015 56665.7 2.990 4.050 37.96 06/03/2021 0.520 0.095 0.205 0.160 5226WB GBGAQRS-WB 0.195 0.035 2038.1 0.810 1.120 62.35 26/09/2023 0.535 0.005 0.075 0.070 5102CI GCB-CI 0.075 0.015 250.8 2.120 1.955 0.64 13/04/2020 0.370 0.010 0.055 0.050 5102CK GCB-CK 0.050 Unch 980 2.120 2.527 24.82 28/07/2020 0.365 0.005 0.060 0.050 5102CL GCB-CL 0.060 0.005 1011.7 2.120 2.480 24.06 12/10/2020 0.210 0.010 0.045 0.040 5102CP GCB-CP 0.040 Unch 359.3 2.120 2.980 47.17 30/11/2020 1.600 0.305 0.655 0.565 5102WB GCB-WB 0.645 0.080 961.8 2.120 1.650 8.25 04/11/2022 0.070 0.010 0.020 0.015 471573 GENM-C73 0.020 0.005 744.2 2.080 2.781 38.33 30/11/2020 0.120 0.025 0.050 0.045 471574 GENM-C74 0.050 0.005 60 2.080 2.897 48.54 22/01/2021 0.060 0.030 0.050 0.050 471575 GENM-C75 0.050 Unch 111.9 2.080 2.800 43.90 25/11/2020 0.165 0.005 0.010 0.010 318278 GENTINGC78 0.010 0.005 50 3.900 5.623 45.43 30/07/2020 0.105 0.005 — — 318280 GENTINGC80 0.005 — — 1.062 6.552 518.79 17/07/2020 0.160 0.005 0.025 0.020 318282 GENTINGC82 0.025 0.005 400 3.900 5.379 41.04 30/11/2020 0.100 0.040 0.055 0.055 318283 GENTINGC83 0.055 0.015 27 3.900 5.750 52.95 09/10/2020 0.220 0.015 0.025 0.020 0039WC GFM-WC 0.025 Unch 870.6 0.135 0.380 200.00 28/01/2022 0.115 0.015 0.030 0.020 5220WA GLOTEC-WA 0.030 0.010 41.8 0.275 0.720 172.73 17/12/2021 0.460 0.075 0.225 0.185 0082WB GPACKET-WB 0.210 0.025 1992.9 0.505 0.400 20.79 24/11/2023 0.235 0.020 0.055 0.045 7022C4 GTRONIC-C4 0.050 0.010 100 1.670 2.000 28.74 09/11/2020 0.285 0.025 0.135 0.130 7676WB GUNUNG-WB 0.135 Unch 168.1 0.395 0.400 35.44 02/10/2020 0.265 0.040 0.265 0.235 516828 HARTA-C28 0.265 0.020 563 7.040 5.500 0.71 30/04/2020 0.335 0.120 0.335 0.315 516830 HARTA-C30 0.330 0.010 181.8 7.040 5.180 1.70 31/07/2020 0.365 0.180 0.365 0.345 516833 HARTA-C33 0.365 0.020 283.5 7.040 5.200 4.97 07/12/2020 0.220 0.070 0.220 0.200 516834 HARTA-C34 0.220 0.015 157 7.040 6.000 3.98 30/11/2020 0.200 0.095 0.155 0.155 516835 HARTA-C35 0.155 0.005 10 7.040 6.500 14.35 27/10/2020 0.160 0.070 0.160 0.150 516836 HARTA-C36 0.155 0.005 520 7.040 7.200 19.89 18/12/2020 0.285 0.135 0.285 0.275 516837 HARTA-C37 0.285 0.030 160 7.040 5.700 5.26 30/11/2020 0.190 0.075 0.190 0.175 516838 HARTA-C38 0.180 0.005 572.3 7.040 6.200 5.97 06/11/2020 0.240 0.135 0.240 0.225 516839 HARTA-C39 0.235 Unch 821.6 7.040 6.500 12.36 22/01/2021 0.275 0.180 0.190 0.190 7105WA HCK-WA 0.190 Unch 30 1.200 0.960 -4.17 26/09/2027 0.010 0.005 0.010 0.005 432412 HENGYUANC12 0.005 -0.005 3770.3 2.960 6.000 103.72 07/09/2020 0.110 0.005 0.015 0.010 432413 HENGYUANC13 0.010 Unch 3227.6 2.960 4.200 44.93 07/08/2020 0.095 0.005 0.010 0.005 519910 HIBISCS-C10 0.010 Unch 688.8 0.510 1.030 105.88 30/10/2020 0.085 0.005 0.005 0.005 519912 HIBISCS-C12 0.005 Unch 350 0.510 1.000 98.53 12/10/2020 0.210 0.005 0.015 0.015 519913 HIBISCS-C13 0.015 0.005 50 0.510 0.850 71.08 19/06/2020 0.180 0.005 0.005 0.005 519914 HIBISCS-C14 0.005 Unch 600 0.495 1.000 103.03 30/07/2020 0.515 0.025 0.110 0.075 5199WC HIBISCS-WC 0.105 0.030 74521.8 0.510 1.120 140.20 18/03/2021 0.165 0.030 0.070 0.055 0188WA HLT-WA 0.070 0.005 2480.8 0.180 0.200 50.00 27/12/2022 0.315 0.040 0.100 0.080 5160WB HOMERIZ-WB 0.095 0.005 2849 0.465 0.540 36.56 03/07/2022 0.350 0.035 0.090 0.090 0185WA HSSEB-WA 0.090 Unch 26 0.410 1.700 336.59 15/03/2023 0.055 0.005 0.030 0.025 9601WD HWGB-WD 0.025 0.005 3374.5 0.125 0.320 176.00 15/03/2021 0.070 0.020 0.040 0.035 5255WA ICON-WA 0.040 Unch 8139 0.070 0.165 192.86 13/02/2028 0.005 0.005 — — 0174WA IDMENSN-WA 0.005 — — 0.015 0.200 1,267 14/07/2020 0.085 0.015 0.040 0.035 522517 IHH-C17 0.040 -0.005 100.2 5.030 5.800 19.28 30/10/2020 0.160 0.010 0.020 0.020 16655 INARI-C55 0.020 0.005 145 1.290 1.600 28.68 19/06/2020 0.180 0.015 0.045 0.045 16657 INARI-C57 0.045 0.005 30 1.290 1.700 42.25 30/11/2020

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

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

1.260 0.360 0.705 0.655 4723WB JAKS-WB 0.690 0.045 1850.8 0.885 0.640 50.28 13/12/2023 0.170 0.015 0.040 0.035 0111WC K1-WC 0.040 0.005 295.1 0.140 0.300 142.86 30/12/2021 0.025 0.020 0.025 0.025 7161CM KERJAYA-CM 0.025 Unch 100 0.880 1.300 56.25 15/01/2021 0.345 0.060 0.110 0.095 7161WB KERJAYA-WB 0.105 0.015 140.1 0.880 1.600 93.75 28/02/2023 0.010 0.005 — — 0036WB KGROUP-WB 0.005 — — 0.020 0.200 925.00 01/05/2020 0.400 0.100 0.200 0.180 5171WA KIMLUN-WA 0.180 -0.020 85 0.630 1.680 195.24 12/03/2024 0.475 0.170 0.280 0.220 5027WB KMLOONG-WB 0.280 0.065 5.1 1.010 1.400 66.34 10/04/2025 0.315 0.005 — — 7164WB KNM-WB 0.005 — — 0.165 1.000 509.09 21/04/2020 0.140 0.025 0.100 0.085 7153C2 KOSSAN-C2 0.090 -0.005 1105.8 5.140 4.600 0.00 13/04/2020 0.200 0.075 0.160 0.155 7153C3 KOSSAN-C3 0.155 Unch 16 5.140 4.500 4.13 28/07/2020 0.185 0.080 0.145 0.140 7153C4 KOSSAN-C4 0.145 0.005 7.6 5.140 5.000 11.38 30/11/2020 0.240 0.135 0.200 0.195 7153C5 KOSSAN-C5 0.200 Unch 313.6 5.140 4.780 14.40 15/01/2021 0.030 0.005 0.010 0.010 5172WA KSTAR-WA 0.010 Unch 1.6 0.080 0.080 12.50 10/04/2021 0.035 0.005 0.005 0.005 0018WB LAMBO-WB 0.005 Unch 890 0.010 0.160 1,550 29/04/2024 0.235 0.025 0.075 0.060 9385WA LAYHONG-WA 0.070 0.005 8169.1 0.340 0.400 38.24 13/10/2021 0.260 0.050 0.060 0.060 8494WB LBICAP-WB 0.060 Unch 100.2 0.410 0.500 36.59 24/06/2024 0.250 0.005 0.005 0.005 5789WB LBS-WB 0.005 Unch 0.8 0.365 0.560 54.79 04/10/2020 0.300 0.005 0.015 0.015 6633CL LHI-CL 0.015 Unch 99 0.575 0.750 33.04 28/08/2020 0.100 0.035 0.055 0.055 8303WB LOTUS-WB 0.055 Unch 100 0.105 0.100 47.62 25/11/2024 0.045 0.010 0.020 0.015 5068WA LUSTER-WA 0.020 Unch 52 0.055 0.100 118.18 03/06/2022 0.045 0.015 0.030 0.020 5068WB LUSTER-WB 0.030 Unch 401.1 0.055 0.100 136.36 26/05/2023 0.040 0.005 — — 0140WA MACPIE-WA 0.005 — — 0.070 0.480 592.86 17/02/2021 0.135 0.005 0.020 0.020 7087CB MAGNI-CB 0.020 0.005 500 1.690 2.700 63.31 30/11/2020 0.080 0.005 0.020 0.020 526429 MALAKOFC29 0.020 -0.005 72.1 0.825 0.880 11.52 26/06/2020 0.140 0.005 0.005 0.005 5236WA MATRIX-WA 0.005 Unch 76 0.465 2.400 417.20 20/07/2020 0.165 0.015 0.025 0.015 601211 MAXIS-C11 0.020 Unch 1022.1 5.120 5.280 5.47 30/04/2020 0.140 0.110 0.120 0.120 601217 MAXIS-C17 0.120 -0.020 20 5.120 5.700 23.05 29/03/2021 0.120 0.005 0.010 0.010 115561 MAYBANKC61 0.010 Unch 2123.1 2.837 8.700 207.72 30/07/2020 0.210 0.075 0.200 0.185 115566 MAYBANKC66 0.200 0.025 1310.6 7.650 8.300 17.65 09/10/2020 0.720 0.220 0.260 0.235 5152WA MBL-WA 0.260 0.020 56.1 1.060 0.800 0.00 28/11/2022 0.365 0.005 0.005 0.005 5983CJ MBMR-CJ 0.005 Unch 61.6 1.375 3.180 132.73 30/04/2020 0.025 0.004 — — 5983CL MBMR-CL 0.005 — — 0.333 4.380 1,221 27/04/2020 0.012 0.005 — — 5983CN MBMR-CN 0.005 — — 0.710 4.880 590.85 13/04/2020 0.030 — — — 117127 MBSB-C27 0.005 — — 0.086 0.900 952.33 30/09/2020 0.050 0.005 0.015 0.010 117128 MBSB-C28 0.015 0.005 170 0.600 0.800 35.83 30/11/2020 0.045 0.005 0.015 0.010 117129 MBSB-C29 0.010 Unch 102.5 0.600 0.730 25.00 20/11/2020 0.120 0.005 0.020 0.015 0167WB MCLEAN-WB 0.020 0.005 60.1 0.140 0.250 92.86 07/10/2020 0.165 0.020 0.065 0.055 3778WB MELEWAR-WB 0.060 Unch 848.5 0.175 0.400 162.86 18/08/2023 0.100 0.010 — — 5040WA MERIDIAN-WA 0.025 — — 0.055 0.500 854.55 13/08/2021 0.030 0.005 — — 5040WB MERIDIAN-WB 0.005 — — 0.055 0.900 1,546 22/04/2022 0.025 0.005 — — 5040WC MERIDIAN-WC 0.005 — — 0.055 0.800 1,364 24/08/2024 0.310 0.030 0.045 0.045 7234WA MESB-WA 0.045 Unch 186 0.180 0.300 91.67 27/12/2022 0.195 0.010 0.055 0.045 3069CH MFCB-CH 0.050 0.010 1358.3 4.590 4.800 11.11 07/08/2020 0.200 0.005 0.075 0.010 3069CI MFCB-CI 0.075 0.010 440 4.590 5.200 21.46 30/11/2020 0.570 0.085 0.185 0.140 3662WC MFLOUR-WC 0.180 0.040 3264.1 0.495 0.680 73.74 23/01/2024 0.055 0.005 0.015 0.015 518615 MHB-C15 0.015 0.005 100 0.455 0.780 78.02 15/01/2021 0.385 0.035 0.125 0.115 5286CG MI-CG 0.120 0.010 435.3 1.960 2.080 24.49 30/11/2020 0.520 0.070 0.180 0.165 5286CH MI-CH 0.170 0.005 3953.5 1.960 2.200 33.93 27/10/2020 0.375 0.040 0.130 0.120 5286CJ MI-CJ 0.125 0.005 3061.8 1.960 2.000 21.17 22/01/2021 0.115 0.095 0.105 0.100 5286CL MI-CL 0.105 0.005 600 1.960 3.200 85.77 25/11/2020 0.135 0.025 0.040 0.035 5576WC MINHO-WC 0.035 Unch 412.7 0.205 0.320 73.17 02/08/2021 0.140 0.020 0.040 0.035 9571WE MITRA-WE 0.040 0.005 101 0.180 0.940 444.44 17/04/2023 0.015 0.005 — — 0085WA MLAB-WA 0.005 — — 0.015 0.090 533.33 24/04/2020 0.010 0.005 — — 0085WB MLAB-WB 0.005 — — 0.015 0.150 933.33 10/09/2020 0.005 0.001 — — 0103WA MNC-WA 0.005 — — 0.015 0.100 600.00 05/11/2021 0.017 0.005 0.010 0.010 165158 MRCB-C58 0.010 0.005 400 0.410 0.700 75.61 07/12/2020 0.370 0.050 0.070 0.065 1651WB MRCB-WB 0.070 0.005 3442.1 0.410 1.250 221.95 29/10/2027 0.125 0.010 0.025 0.025 13884 MYEG-C84 0.025 Unch 220.5 0.975 1.200 30.77 28/07/2020 0.140 0.005 0.035 0.030 13886 MYEG-C86 0.030 0.005 828.5 0.975 1.250 34.36 07/08/2020 0.110 0.005 0.030 0.025 13887 MYEG-C87 0.025 Unch 729.8 0.975 1.200 33.33 12/10/2020 0.175 0.035 0.065 0.060 13890 MYEG-C90 0.060 Unch 1468.1 0.975 1.350 52.62 11/09/2020 0.205 0.030 0.065 0.065 13891 MYEG-C91 0.065 Unch 150 0.975 1.200 33.08 30/10/2020 0.175 0.025 0.055 0.050 13892 MYEG-C92 0.055 0.005 375 0.975 1.200 34.36 30/11/2020 0.125 0.055 0.080 0.080 13893 MYEG-C93 0.080 Unch 202 0.975 1.700 98.97 15/01/2021 0.285 0.050 0.100 0.095 0108WB N2N-WB 0.095 0.010 66 0.505 0.830 83.17 08/01/2024 0.005 0.003 — — 0096WA NEXGRAM-WA 0.005 — — 0.010 0.100 950.00 16/05/2022 0.010 0.005 — — 0096WB NEXGRAM-WB 0.005 — — 0.010 0.260 2,550 21/07/2023 0.010 0.005 0.005 0.005 0096WC NEXGRAM-WC 0.005 Unch 4928.8 0.010 0.100 950.00 15/01/2024 0.190 0.005 0.025 0.015 7241WA NGGB-WA 0.025 0.005 849.3 0.245 0.600 155.10 18/10/2020 0.930 0.150 0.415 0.395 0083WC NOTION-WC 0.410 0.010 2581.1 0.700 0.840 78.57 14/03/2023 0.145 0.005 0.015 0.010 0172WA OCK-WA 0.015 Unch 1641.5 0.435 0.710 66.67 15/12/2020 0.125 0.015 0.025 0.025 7071WD OCR-WD 0.025 -0.005 20 0.225 0.220 8.89 18/02/2022 0.145 0.010 0.020 0.020 0079WA ORION-WA 0.020 Unch 160.1 0.045 0.170 322.22 26/07/2022 0.265 0.040 0.085 0.065 5260WA OWG-WA 0.080 0.015 710 0.260 0.800 238.46 29/09/2023 0.055 0.005 0.005 0.005 7052C5 PADINI-C5 0.005 Unch 280 2.060 4.000 95.63 21/09/2020 0.260 0.150 0.210 0.150 8419WA PANSAR-WA 0.210 Unch 0.5 0.645 0.630 30.23 06/06/2023 0.150 0.005 0.020 0.010 5125WA PANTECH-WA 0.015 0.005 3688.3 0.355 0.500 45.07 21/12/2020 0.160 0.010 0.040 0.035 5125WB PANTECH-WB 0.040 0.010 53 0.355 0.500 52.11 21/12/2021 0.305 0.040 0.070 0.065 1724WA PARAMON-WA 0.070 0.010 344.2 0.695 1.790 167.63 28/07/2024 0.050 0.010 0.010 0.010 129544 PBBANK-C44 0.010 Unch 17.6 6.328 21.800 246.24 17/07/2020 0.140 0.035 0.120 0.120 129545 PBBANK-C45 0.120 0.005 20 15.900 18.280 24.03 09/10/2020 0.180 0.015 0.075 0.065 129546 PBBANK-C46 0.075 0.010 460 15.900 18.500 22.01 15/01/2021 0.315 0.030 0.065 0.065 6068WA PCCS-WA 0.065 0.005 110 0.225 0.600 195.56 25/12/2022 0.075 0.005 0.005 0.005 518334 PCHEM-C34 0.005 Unch 6 3.515 8.880 153.77 30/06/2020 0.065 0.010 0.015 0.015 518347 PCHEM-C47 0.015 Unch 100 4.780 6.500 37.55 30/10/2020 0.185 0.110 0.165 0.160 518350 PCHEM-C50 0.160 -0.005 900 4.780 6.400 49.96 13/11/2020 0.015 0.005 — — 6254WB PDZ-WB 0.005 — — 0.015 0.100 600.00 29/01/2023 0.650 0.030 0.225 0.225 7160CB PENTA-CB 0.225 -0.010 12 3.780 2.920 1.06 29/05/2020 0.210 0.005 0.005 0.005 7160CI PENTA-CI 0.005 -0.015 130 0.950 4.880 416.32 22/05/2020 0.195 0.010 0.040 0.040 7160CJ PENTA-CJ 0.040 Unch 20 3.780 4.500 27.51 30/10/2020 0.160 0.005 0.025 0.025 7160CK PENTA-CK 0.025 Unch 44.1 3.780 5.000 36.24 28/08/2020 0.250 0.005 0.045 0.045 7160CP PENTA-CP 0.045 0.005 80 3.780 4.500 26.19 26/08/2020 0.145 0.005 0.045 0.045 7160CQ PENTA-CQ 0.045 -0.005 10 3.780 5.500 52.65 15/01/2021 0.075 0.005 0.020 0.015 886937 PMETAL-C37 0.020 0.005 11298.1 3.230 5.200 64.09 22/01/2021 0.580 0.030 0.060 0.050 7088WB POHUAT-WB 0.060 0.010 126.2 0.795 1.000 33.33 21/10/2020 0.040 0.005 0.005 0.005 463449 POS-C49 0.005 Unch 2100 0.720 1.480 106.94 30/11/2020 0.384 0.030 0.090 0.070 8966WA PRLEXUS-WA 0.075 0.025 13737.7 0.575 1.200 121.74 14/06/2021 0.100 0.015 0.040 0.020 5070WA PRTASCO-WA 0.040 0.015 503.7 0.180 0.750 338.89 25/04/2023 0.060 0.005 0.010 0.005 0186WA PTRANS-WA 0.005 Unch 6876.8 0.180 0.235 33.33 19/09/2020 0.890 0.235 0.500 0.500 7237WA PWROOT-WA 0.500 Unch 62.6 1.900 1.540 7.37 24/07/2023 0.145 0.010 0.010 0.010 5272CB RANHILL-CB 0.010 Unch 50 1.030 1.380 35.92 31/07/2020 0.075 0.005 0.020 0.015 5256WA REACH-WA 0.015 Unch 11812.4 0.075 0.750 920.00 12/08/2022 0.800 0.215 0.440 0.405 0200WA REVENUE-WA 0.430 0.020 10185.6 1.080 0.750 9.26 14/01/2024 0.115 0.030 0.055 0.055 9954WB RGTBHD-WB 0.055 -0.005 90 0.125 0.100 24.00 14/05/2023 0.110 0.010 0.015 0.010 106620 RHBBANKC20 0.015 0.005 400 4.660 5.880 27.79 30/10/2020 0.105 0.020 0.035 0.030 8567WB SALCON-WB 0.035 0.005 744.5 0.130 0.300 157.69 19/07/2025 0.025 0.005 0.005 0.005 0133WE SANICHI-WE 0.005 Unch 400 0.045 0.100 133.33 13/12/2021 0.145 0.005 0.005 0.005 521879 SAPNRGC79 0.005 Unch 500 0.105 0.300 188.10 31/07/2020 0.080 0.005 0.005 0.005 521880 SAPNRGC80 0.005 Unch 10 0.105 0.280 171.43 28/08/2020 0.150 0.025 0.045 0.040 5218WA SAPNRG-WA 0.045 0.005 11758.7 0.105 0.490 409.52 23/01/2026 0.170 0.005 0.035 0.030 7247WA SCGM-WA 0.035 0.005 629.6 1.280 3.960 212.11 31/07/2020 0.320 0.005 0.030 0.030 4731CG SCIENTX-CG 0.030 Unch 11 7.480 8.200 12.83 29/05/2020 0.065 0.005 0.010 0.010 7158WB SCOMI-WB 0.010 0.005 0.1 0.020 0.210 1,000 18/02/2023 0.550 0.085 0.385 0.285 0001WA SCOMNET-WA 0.370 0.075 934 0.625 0.650 63.20 19/06/2024 0.045 0.005 0.010 0.010 7073WC SEACERA-WC 0.010 0.005 110 0.195 1.000 417.95 21/01/2021 0.290 0.005 0.070 0.050 5279C1 SERBADK-C1 0.065 0.010 7819.3 1.700 2.000 25.29 07/12/2020 0.160 0.005 0.045 0.035 5279C6 SERBADK-C6 0.040 Unch 3880.6 1.700 2.500 51.76 22/01/2021 0.063 0.003 0.010 0.005 5279CV SERBADK-CV 0.010 0.005 26 1.700 2.038 21.57 30/04/2020 0.205 0.005 0.020 0.015 5279CX SERBADK-CX 0.020 0.005 908.3 1.700 2.143 28.85 30/09/2020 0.245 0.005 0.035 0.020 5279CY SERBADK-CY 0.035 0.010 1190.5 1.700 2.071 25.77 28/08/2020 0.215 0.005 0.015 0.010 5279CZ SERBADK-CZ 0.015 Unch 1099 1.388 2.286 65.76 30/07/2020 0.605 0.105 0.285 0.245 5279WA SERBADK-WA 0.270 0.020 53342.9 1.700 2.620 70.00 05/12/2024 0.095 0.020 0.030 0.025 0055WA SERSOL-WA 0.030 0.010 390.1 0.075 0.180 180.00 18/04/2023 0.090 0.015 0.030 0.025 7246WA SIGN-WA 0.025 0.005 1685.1 0.450 0.970 121.11 21/04/2021 0.035 0.005 0.015 0.015 419741 SIME-C41 0.015 0.005 360 1.820 2.200 22.94 30/11/2020 0.060 0.035 0.060 0.060 419742 SIME-C42 0.060 0.005 400 1.820 2.000 19.78 18/12/2020 0.210 0.010 0.030 0.030 5285CL SIMEPLT-CL 0.030 -0.005 131.1 4.650 4.650 3.23 30/04/2020 0.165 0.010 0.040 0.035 5285CM SIMEPLT-CM 0.035 -0.010 1307.7 4.650 5.150 14.52 09/11/2020 0.095 0.060 0.065 0.060 5285CN SIMEPLT-CN 0.060 -0.005 192.1 4.650 5.350 21.51 30/10/2020 0.110 0.015 0.070 0.065 5285CO SIMEPLT-CO 0.065 -0.005 749.7 4.650 5.300 22.37 20/11/2020 0.075 0.040 0.045 0.045 5288CT SIMEPROP-CT 0.045 0.005 299.8 0.555 0.780 48.65 18/12/2020 0.150 0.005 0.005 0.005 7155CU SKPRES-CU 0.005 Unch 400 0.775 1.280 66.97 21/09/2020 0.100 0.005 0.025 0.015 0203WA SMETRIC-WA 0.025 0.010 5482.1 0.085 0.160 117.65 21/01/2023 0.145 0.040 0.065 0.060 5242WA SOLID-WA 0.065 0.005 9761.5 0.270 0.210 1.85 16/12/2020 0.065 0.005 0.005 0.005 0093WA SOLUTN-WA 0.005 Unch 321.6 0.055 0.200 272.73 04/07/2021 0.050 0.010 0.010 0.010 866420 SPSETIA-C20 0.010 -0.010 150 0.740 1.880 157.43 30/04/2020 0.175 0.035 0.055 0.055 0080WA STRAITS-WA 0.055 Unch 2415.5 0.155 0.115 9.68 10/08/2022 0.040 0.005 — — 1201WA SUMATEC-WA 0.005 — — 0.005 0.320 6,400 03/03/2021 0.350 0.005 0.005 0.005 3743WA SUNSURIA-WA 0.005 Unch 10 0.435 1.500 245.98 22/07/2020 0.450 0.195 0.280 0.255 5211WB SUNWAY-WB 0.265 0.005 659.7 1.580 1.720 25.63 03/10/2024 0.125 0.020 0.040 0.040 710672 SUPERMX-C72 0.040 Unch 50 1.630 1.600 5.52 29/05/2020 0.120 0.010 0.025 0.020 710674 SUPERMX-C74 0.025 0.005 551.5 1.630 1.780 12.27 08/05/2020 0.130 0.010 0.035 0.025 710676 SUPERMX-C76 0.030 0.005 675.3 1.630 1.700 9.45 22/05/2020 0.230 0.040 0.160 0.150 710677 SUPERMX-C77 0.160 0.015 150.5 1.630 1.500 11.66 30/09/2020 0.190 0.035 0.095 0.085 710678 SUPERMX-C78 0.090 0.005 1873.5 1.630 1.680 14.11 12/10/2020 0.160 0.030 0.060 0.060 710679 SUPERMX-C79 0.060 0.010 38 1.630 1.750 16.56 19/06/2020 0.430 0.005 0.335 0.310 710680 SUPERMX-C80 0.325 0.015 1496.9 1.630 1.250 6.60 30/10/2020 0.170 0.075 0.120 0.115 710681 SUPERMX-C81 0.115 0.005 60 1.630 1.600 17.91 27/10/2020 0.110 0.050 0.095 0.085 710682 SUPERMX-C82 0.095 0.005 25.1 1.630 2.200 55.37 18/12/2020 0.185 0.075 0.145 0.145 710683 SUPERMX-C83 0.145 0.005 0.4 1.630 1.700 17.64 30/10/2020 0.100 0.065 0.075 0.070 710684 SUPERMX-C84 0.075 -0.005 117 1.630 1.700 22.70 30/11/2020 0.135 0.050 0.090 0.080 710685 SUPERMX-C85 0.085 0.005 431 1.630 1.650 16.87 20/11/2020 0.100 0.040 0.065 0.065 710686 SUPERMX-C86 0.065 Unch 90 1.630 1.900 28.53 27/10/2020 0.080 0.005 0.015 0.015 6139CM TAKAFUL-CM 0.015 -0.005 400 3.300 5.300 63.33 30/11/2020 0.295 0.080 0.120 0.105 5289WA TECHBND-WA 0.110 -0.005 47.5 0.540 0.760 61.11 24/02/2025 0.165 0.005 0.025 0.025 534760 TENAGA-C60 0.025 Unch 9 12.100 12.284 3.50 30/04/2020 0.080 0.005 0.005 0.005 534765 TENAGA-C65 0.005 Unch 100 3.961 13.627 245.25 30/06/2020 0.120 0.010 0.050 0.050 534770 TENAGA-C70 0.050 0.005 50 12.100 12.668 9.45 09/11/2020 0.150 0.010 0.020 0.015 7889WB THRIVEN-WB 0.015 Unch 229.3 0.180 0.480 175.00 05/10/2020 0.025 0.005 0.005 0.005 7079WC TIGER-WC 0.005 Unch 340 0.065 0.320 400.00 11/02/2021 0.520 0.125 0.265 0.265 486344 TM-C44 0.265 -0.010 118 3.730 2.680 0.27 30/04/2020 0.135 0.005 0.010 0.010 486356 TM-C56 0.010 Unch 28 3.730 4.200 13.94 30/06/2020 0.160 0.070 0.090 0.085 486362 TM-C62 0.085 -0.005 158.8 3.730 4.180 21.18 17/07/2020 0.080 0.050 — — 486363 TM-C63 0.080 — — 3.730 4.880 39.41 11/09/2020 0.080 0.040 0.080 0.075 486364 TM-C64 0.080 Unch 68.6 3.730 4.000 15.82 30/10/2020 0.155 0.010 0.020 0.020 7285WA TOMYPAK-WA 0.020 Unch 18.7 0.345 0.930 175.36 21/06/2021 0.270 0.040 0.215 0.205 711357 TOPGLOV-C57 0.215 0.005 123.6 6.410 5.180 0.94 30/06/2020 0.365 0.050 0.320 0.320 711360 TOPGLOV-C60 0.320 0.015 23 6.410 4.880 1.09 08/05/2020 0.310 0.040 0.260 0.250 711362 TOPGLOV-C62 0.260 0.010 27 6.410 5.180 1.09 10/04/2020

Main Market & Ace Market Warrants

TUESDAY APRIL 7, 2020 • THEEDGE FINANCIAL DAILY 2 4

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

RESEARCH: TAI TS [[email protected]]

CONTRACT SETTLEMENT CHANGE HIGH LOW

KLCI CHANGE CLOSE VOLUME POINTS (RM) (RM) ('000)MAYBANK 4.41 0.250 7.650 6529.2TENAGA NASIONAL 1.61 0.180 12.100 4154.5PUBLIC BANK 1.22 0.200 15.900 3530.6GENTING 0.79 0.130 3.900 6282.3HARTALEGA 0.74 0.140 7.040 6741.5RHB BANK 0.63 0.100 4.660 4409.5DIGI.COM 0.61 0.050 4.260 2237.8GENTING MALAYSIA 0.47 0.050 2.080 22530.8PPB GROUP 0.27 0.120 16.320 415.9SIME DARBY 0.21 0.020 1.820 4315.7AMMB 0.14 0.030 2.950 2963.1PETRONAS CHEMICAL -0.25 -0.020 4.780 7882.7HAP SENG CONSOLIDATED -0.39 -0.100 7.040 673.9PETRONAS DAGANG -0.62 -0.400 20.100 347.5MAXIS -0.86 -0.070 5.120 2263.1SIME DARBY PLANTATION -1.30 -0.120 4.650 4943.5SUB-TOTAL 7.68 OTHERS 3.36 GRAND TOTAL 11.04

1,336.50 1,316.00 1,327.50 1,308.50 1,321.00 1,303.50

Market movers

DOW JONES 21,052.53 -360.91S&P 500 2,488.65 -38.25NASDAQ 100 7,528.11 -107.54FTSE 100 5,415.50 -64.72AUSTRALIA 5,286.80 219.30CHINA 2,763.99 -16.65HONG KONG 23,749.12 513.01INDIA 27,590.95 -674.36

INDONESIA 4,811.83 188.40JAPAN 18,576.30 756.11KOREA 1,791.88 66.44PHILIPPINES 5,570.81 223.84SINGAPORE 2,470.59 81.30TAIWAN 9,818.74 155.11THAILAND 1,138.84 0.57VIETNAM 736.75 34.95

CLOSE CHANGE CLOSE CHANGE

World equity indices

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

Daily top 20 active stocks

DLADY 43.500 0.500PANAMY 26.980 0.320HEIM 21.460 0.280MAYBANK 7.650 0.250LPI 11.840 0.220UTDPLT 24.920 0.220KESM 6.900 0.210MCEMENT 2.080 0.210PBBANK 15.900 0.200TENAGA 12.100 0.180MFCB 4.590 0.170PETRONM 3.550 0.170

IHS046000824 100.000 -0.500DIN042300721 101.400 -0.400PETDAG 20.100 -0.400HSI-HAL 1.650 -0.360HSI-HAA 1.650 -0.270HSI-HAJ 1.650 -0.270SP500-HJ 2.410 -0.260SP500-HL 1.800 -0.190HSI-H8Z 0.670 -0.170SP500-HK 1.360 -0.170HSI-HAF 1.050 -0.160HSI-HAT 1.210 -0.160

Top gainers and losers (ranked by RM)

ARMADA-C54 0.020 100.00DRBHCOMC1A 0.010 100.00DWL-PA 0.090 100.00EAH 0.010 100.00EKOVEST-C6 0.010 100.00FBMKLCI-C9A 0.010 100.00GENTINGC78 0.010 100.00MRCB-C58 0.010 100.00NETX 0.010 100.00SCOMI-WB 0.010 100.00SEACERA-WC 0.010 100.00SERBADK-CV 0.010 100.00

PENTA-CI 0.005 -75.00AIRASIAC99 0.005 -50.00HENGYUANC12 0.005 -50.00HSI-C9L 0.030 -50.00SPSETIA-C20 0.010 -50.00AIRASIAC1D 0.015 -40.00DOLPHIN-WA 0.010 -33.33HSI-C7Z 0.010 -33.33HSI-C9Q 0.010 -33.33AIRASIAC1E 0.030 -25.00BJASSET-WB 0.015 -25.00HSI-C9D 0.015 -25.00

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

UP CHANGE CLOSE (RM)

DOWN CHANGE CLOSE (RM)

Top gainers and losers (ranked by percentage)

FBM KLCI & KLCI futures intraday

Daily FBM KLCI

FBM KLCI sensitivity*

FBM KLCI futures

ARMADA-C54 0.020 100.00DRBHCOMC1A 0.010 100.00DWL-PA 0.090 100.00EKOVEST-C6 0.010 100.00FBMKLCI-C9A 0.010 100.00GENTINGC78 0.010 100.00MRCB-C58 0.010 100.00SCOMI-WB 0.010 100.00SEACERA-WC 0.010 100.00SERBADK-CV 0.010 100.00TSRCAP-WB 0.010 100.00XOX-WB 0.010 100.00

PENTA-CI 0.005 -75.00AIRASIAC99 0.005 -50.00HENGYUANC12 0.005 -50.00HSI-C9L 0.030 -50.00SPSETIA-C20 0.010 -50.00AIRASIAC1D 0.015 -40.00DOLPHIN-WA 0.010 -33.33HSI-C7Z 0.010 -33.33HSI-C9Q 0.010 -33.33AIRASIAC1E 0.030 -25.00BJASSET-WB 0.015 -25.00HSI-C9D 0.015 -25.00

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

Top gainers and losers - warrants (ranked by percentage)

LAMBO 225,494 0.00 0.000 0.010 0.015 0.010AGES-PA 135,357 0.00 0.000 0.010 0.015 0.010HSI-C9J 85,408 27.59 0.040 0.185 0.195 0.155HSI-H8M 84,757 -23.97 -0.145 0.460 0.540 0.445HIBISCS-WC 74,522 40.00 0.030 0.105 0.110 0.075MKLAND 68,946 55.56 0.050 0.140 0.155 0.085NETX 59,616 100.00 0.005 0.010 0.010 0.005DSONIC-WA 57,420 22.95 0.070 0.375 0.380 0.315GAMUDA-WE 56,666 25.00 0.015 0.075 0.080 0.055SERBADK-WA 53,343 8.00 0.020 0.270 0.285 0.245NOVAMSC-PA 45,238 0.00 0.000 0.010 0.010 0.010HSI-C9S 38,899 14.29 0.040 0.320 0.345 0.285ALAM-WA 38,693 20.00 0.005 0.030 0.035 0.025MSM 35,660 14.08 0.050 0.405 0.415 0.355IRIS 32,034 18.75 0.015 0.095 0.100 0.080JTIASA 29,382 26.58 0.105 0.500 0.520 0.390

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

Moving average - 20-dayKL Composite Index

Volume (’mil)

Jan 2, 2008 Apr 6, 2020

1,341.69(+11.04)

1,324.50

820.0

1122.5

1425.0

1727.5

2030.0

0

300

600

900

1317

1320

1323

1326

1329

1332

1335

1338

1341

1344

1347

17:1516:3015:3014:3012:4511:3010:309:308:45

Index point

KL Composite Index

KLCI futures1,330.50

(+17.00)

1,341.69(+11.04)

APR 20 1,330.50 17.00MAY 20 1,323.00 17.00JUN 20 1,317.00 17.00

Failure defeats losers, failure inspires winners. — Robert T Kiyosaki

HIBISCS 440,783.4 0.060 13.33 0.510 4.85 0.00SAPNRG 359,310.5 0.010 10.53 0.105 — 2.44LAMBO 225,493.8 UNCH UNCH 0.010 2.08 0.00ARMADA 222,362.9 0.010 6.06 0.175 16.50 1.07VELESTO 157,823.4 0.005 3.13 0.165 39.02 0.00MINETEC 136,905.3 0.025 14.71 0.195 — 0.00AGES-PA 135,356.5 UNCH UNCH 0.010 — 0.00KNM 132,019.3 0.020 13.79 0.165 7.44 0.00EKOVEST 109,466.0 0.025 6.41 0.415 6.66 2.56PERDANA 91,893.4 0.010 5.88 0.180 — 0.00ALAM 87,707.9 0.005 6.67 0.080 — 0.00HSI-C9J 85,407.8 0.010 5.71 0.185 — 0.00HSI-H8M 84,757.4 -0.035 -7.07 0.460 — 0.00SANICHI 84,395.2 UNCH UNCH 0.045 — 0.00HIBISCS-WC 74,521.8 0.030 40.00 0.105 — 0.00MKLAND 68,945.9 0.050 55.56 0.140 21.95 0.00NETX 59,615.8 0.005 100.00 0.010 — 0.00DSONIC-WA 57,420.3 0.070 22.95 0.375 — 0.00GAMUDA-WE 56,665.7 0.015 25.00 0.075 — 0.00MYEG 55,157.8 0.015 1.56 0.975 13.52 1.98

KUALA LUMPUR: Th e FBM KLCI closed up 11.04 points or 0.83% at 1,341.69 yesterday, while trading volume across Bursa Malaysia neared six billion shares after Asian equities ended higher as investors weighed the possibility that the increase in new Covid-19 cases had slowed. The Saudi Arabia-Russia crude oil price war was also closely watched. At 5pm, trade volume across Bursa ended at 5.99 billion shares worth RM2.61 billion as oil and gas (O&G) related share prices rose among top-active stocks. “Investors are now trying to find pockets of positive developments and are seeking trading opportunities,” Rakuten Trade Sdn Bhd research vice-president Vincent Lau told theedgemarkets.com. “As such, any positive developments will make a diff erence to investor sentiment,” Lau said. TA Securities Holdings Bhd wrote in a note yesterday that confl icting signals fl ashed on momentum and trend indicators of the KLCI, following last week’s choppy trading sessions, implied that stocks will need to rebuild support at the current levels and convince investors of a more sustainable recovery ahead. “On the other hand, given uncertainty over the severity of the economic damage from the Covid-19 pandemic, which already saw massive job losses and spikes in infection rates in the US and Europe, more downside volatility should be expected,” TA said. — by Chong Jin Hun & Arjuna Chandran Shankar

Bursa volume nears six billion units as O&G shares steal the limelight

W O R L D I N D E X . C O M M O D I T I E S . F U T U R E S PA G E 2 3

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 2

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 1 9

KLCI 1,341.69 11.04 FBM ACE 3,970.13 152.82 FTSTI 2,470.59 81.30 NIKKEI 18,576.30 756.11 HANG SENG 23,749.12 513.01 DOW JONES 21,052.53 360.91

Documents

TUESDAY APRIL 7, 2020 ISSUE 3103/2020 FINANCIAL DAILYApr 07, 2020 · Genting Singapore Plc and Marina Bay Sands will be closed for a month from today. Genting Singapore’s one-month