33
FBM KLCI 1757.21 3.92 KLCI FUTURES 1757.50 2.00 STI 3280.28 8.67 RM/USD 4.2200 CPO RM2695.00 1.00 OIL US$56.55 0.06 GOLD US$1290.70 1.40 Nikkei notches 21-year closing high Japan’s market buoyed by a series of upbeat economic data PAGE 4 FINANCIAL DAILY www.theedgemarkets.com MAKE BETTER DECISIONS PP 9974/08/2013 (032820) PENINSULAR MALAYSIA RM1.50 THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017 5 HOME BUSINESS 6 HOME BUSINESS 7 HOME BUSINESS 8 HOME BUSINESS 10 HOME BUSINESS 17 HOME Dataprep gets takeover bid after Lim sold stake cheap Zhulian 3Q profit jumps 138% Anti-dumping duties imposed on cold-rolled stainless steel imports Homes just aren’t that affordable, Bank Negara tells Malaysians Volvo Malaysia to expand export market in Asean ‘Kim Jong-nam had US$100,000 in backpack’ US$20b Kedah oil complex project in limbo — sources 5 HOME BUSINESS We can provide alternative facts and figures, says MPOC chief. Sangeetha Amarthalingam & Wong Ee Lin have the story on Page 5. W id lt ti f t MALAYSIA ADDRESSING INACCURATE CLAIMS in EU draft report on palm oil PHOTO BY SAM FONG Dr Kalyana Sundram The Hour Glass : Ulysse Nardin Boutique - Starhill Gallery - Kuala Lumpur T. (+603) 2148 0388; The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2287 7830; Pavillon - Kuala Lumpur T. (603) 2148 8930; LOT 10 S.C. - Kuala Lumpur T. (603) 2144 1620; Watches of Switzerland : The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2201 6811 CLASSICO 6 H OME BUSINESS 7 HO ME BU S INE SS 8 HO ME BU S INE SS 10 H OME BUSINESS Lim sold stak e cheap Zhulian 3Q profi t jumps 138% Anti-dumping duties imposed on cold-rolled stainless steel imports Homes just aren’t that aordable, Bank Negara tells Malaysians V olvo Malaysia to expand export market in Asean d lt ti f t W W W W e e e e e e c c c c c c c ca a a a a a a an n n n n n n p p p pr rovide alternative facts and fi gures, says MPOC chief. Sangeetha Amarthalingam & Wong Ee Lin have the story on Page 5. W id W id W id l l l t ti f t t ti f t t ti f t Dr Kal yana Sundram a property portal

THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017 ... - The Edgetefd.theedgemarkets.com/2017/TEP/20171012c7f21f.pdf · 4 THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY For breaking

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Page 1: THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017 ... - The Edgetefd.theedgemarkets.com/2017/TEP/20171012c7f21f.pdf · 4 THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY For breaking

FBM KLCI 1757.21 3.92 KLCI FUTURES 1757.50 2.00 STI 3280.28 8.67 RM/USD 4.2200 CPO RM2695.00 1.00 OIL US$56.55 0.06 GOLD US$1290.70 1.40

Nikkei notches 21-year closing highJapan’s market buoyed by a series of upbeat economic data

PA G E 4

FINANCIALDAILY

w w w . t h e e d g e m a r k e t s . c o m

M A K E B E T T E RDECISIONS

PP 9974/08/2013 (032820)PENINSULAR MALAYSIA RM1.50

THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017

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

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

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

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

1 0 H O M E B U S I N E S S

1 7 H O M E

Dataprep gets takeover bid after Lim sold stake cheap

Zhulian 3Q profi t jumps 138%

Anti-dumping duties imposed on cold-rolled stainless steel imports

Homes just aren’t that aff ordable, Bank Negara tells Malaysians

Volvo Malaysia to expand export market in Asean

‘Kim Jong-nam had US$100,000 in backpack’

US$20b Kedah oil complex project in limbo — sources5 H O M E B U S I N E S S

We can provide alternative facts and fi gures, says MPOC chief.Sangeetha Amarthalingam &

Wong Ee Lin have the story on Page 5.

W id lt ti f t

MALAYSIA ADDRESSING INACCURATE

CLAIMS in EU draft report

on palm oil

PHOTO BY SAM FONG

Dr Kalyana Sundram

The Hour Glass : Ulysse Nardin Boutique - Starhill Gallery - Kuala Lumpur T. (+603) 2148 0388;

The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2287 7830; Pavillon - Kuala Lumpur T. (603) 2148 8930; LOT 10 S.C. - Kuala Lumpur T. (603) 2144 1620;

Watches of Switzerland : The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2201 6811CLASSICO

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

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

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

1 0 H O M E B U S I N E S S

Lim sold stake cheap

Zhulian 3Q profit fijumps 138%

Anti-dumping duties imposed oncold-rolled stainless steel imports

Homes just aren’t that aff ordable,ffffBank Negara tells Malaysians

Volvo Malaysia to expand export market in Asean

d lt ti f t WWWWWeeeeee ccccccccaaaaaaaannnnnnn pppprrovide alternative factsand fi gures, says MPOC chief.fiSangeetha Amarthalingam &

Wong Ee Lin have the story on Page 5.

W idW idW idW idW id lllt ti f tt ti f tt ti f t

Dr Kalyana Sundram

a property

portal

Page 2: THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017 ... - The Edgetefd.theedgemarkets.com/2017/TEP/20171012c7f21f.pdf · 4 THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY For breaking

FBM KLCI 1757.21 3.92 KLCI FUTURES 1757.50 2.00 STI 3280.28 8.67 RM/USD 4.2200 CPO RM2695.00 1.00 OIL US$56.55 0.06 GOLD US$1290.70 1.40

Nikkei notches 21-year closing highJapan’s market buoyed by a series of upbeat economic data

PA G E 4

FINANCIALFINANCIALDAILYDAILY

w w w . t h e e d g e m a r k e t s . c o m

M A K E B E T T E RDECISIONS

PP 9974/08/2013 (032820)PENINSULAR MALAYSIA RM1.50

THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017

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

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

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

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

1 0 H O M E B U S I N E S S

1 7 H O M E

Dataprep gets takeover bid after Lim sold stake cheap

Zhulian 3Q profi t jumps 138%

Anti-dumping duties imposed on cold-rolled stainless steel imports

Homes just aren’t that aff ordable, Bank Negara tells Malaysians

Volvo Malaysia to expand export market in Asean

‘Kim Jong-nam had US$100,000 in backpack’

US$20b Kedah oil complex project in limbo — sources5 H O M E B U S I N E S S

We can provide alternative facts and fi gures, says MPOC chief.Sangeetha Amarthalingam &

Wong Ee Lin have the story on Page 5.

W id lt ti f t

MALAYSIA ADDRESSING INACCURATE

CLAIMS in EU draft report

on palm oil

PHOTO BY SAM FONG

Dr Kalyana Sundram

The Hour Glass : Ulysse Nardin Boutique - Starhill Gallery - Kuala Lumpur T. (+603) 2148 0388;

The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2287 7830; Pavillon - Kuala Lumpur T. (603) 2148 8930; LOT 10 S.C. - Kuala Lumpur T. (603) 2144 1620;

Watches of Switzerland : The Gardens, Mid Valley - Kuala Lumpur T. (+603) 2201 6811CLASSICO

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4 THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

For breaking news updates go towww.theedgemarkets.com

O N E D G E T V

www.theedgemarkets.com

BY L I V I A YA P & M I N J EO N G L E E

Kobe Steel crisis deepens as more tampering revealedTOKYO: Japan’s Kobe Steel Ltd plunged deeper into crisis yesterday as fresh revelations showed data fabrication at the steel maker was more wide-spread than initially thought, heightening a safety scare along the global supply chain. Inves-tors, worried about the fi nancial impact and potential legal fall-out, again dumped Kobe Steel stock, wiping about US$1.6 billion (RM6.75 billion) off its market value in two days. Kobe Steel said late yesterday it found 70 cases of tampered data on materials used in optical disks and liquid crystal displays at its Kobelco Research Institute Inc, which makes and tests products for the company. — Reuters

Preacher held over allegedly racist talkKUALA LUMPUR: Th e police have detained Muslim preach-er Dr Zamihan Mat Zin follow-ing his allegedly racist talk at a mosque in Shah Alam on Sun-day. A video clip that depicts Zamihan as saying it was wrong of a Sultan to prohibit a Mus-lim-only laundrette from oper-ating in his state had gone viral, the Star Online reported. He also described the Chinese as “un-hygienic”. Zamihan, who is the president of the Sunni Organi-sation of Malaysia (Aswaja), was picked up yesterday afternoon when having his statement re-corded at the Dang Wangi police headquarters, Bernama report-ed. A remand order on Zamihan would be made today. Th e case is being investigated under Sec-tion 4 of the Sedition Act 1948.

Opec urges US to cut shale production — reportNEW YORK: Opec general sec-retary Mohammed Barkindo called on US shale oil producers to help support plans to curb global oil supply on Tuesday, warning that unprecedented measures may be necessary next year in order to rebalance the oil market, said a CNBC re-port. “We urge our friends, in the shale basins of North America, to take this shared responsibility with all seriousness it deserves, as one of the key lessons learnt from the current unique sup-ply-driven cycle,” Barkindo said, speaking at the India Energy Forum in New Delhi. — CNBC

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LISBON: Former Portuguese prime minister Jose Socrates was indict-ed on graft and money laundering charges yesterday in the country’s biggest corruption investigation, which prosecutors say exposed his illicit links to a business elite targeted by the inquiry.

Neither Socrates, a socialist, nor his lawyers were available for comment but he has denied any wrongdoing on many occasions, calling the accusations political-ly-motivated.

A more than 4,000-page indict-

ment issued after a four-year in-quiry accuses Socrates of playing a pivotal role and receiving millions of euros in a scheme involving the disgraced former heads of the Es-pirito Santo banking empire and of Portugal Telecom, the country’s main telecommunication operator.

Both entities have since ceased to exist, infl icting billions of euros in losses on taxpayers and share-holders, and their former top brass have been accused of other crimes in separate high-profi le investigations.

Socrates, who was premier from

2005 to 2011, was arrested in 2014 on suspicion of corruption and spent months in prison before being shift-ed to house arrest while prosecutors and police continued investigating to yield the formal indictment.

He is now charged with three counts of passive corruption while holding political offi ce, 16 counts of money-laundering, nine counts of forging documents and three counts of tax fraud. The alleged crimes occurred between 2006 and 2015.

A trial date for Socrates has not yet been set. — Reuters

Portuguese ex-PM charged with corruption

TOKYO: Japanese shares advanced, with the Nikkei 225 Stock Average clos-ing at its highest since December 1996, bolstered by companies in industries ranging from technology to retail.

Machinery maker Fanuc Corp, Re-cruit Holdings Co, FamilyMart UNY Holdings Co, SoftBank Group Corp and Terumo Corp were the biggest contributors to the Nikkei 225’s gain, while scandal-whipped Kobe Steel Ltd was the worst performer, falling a

Nikkei notches 21-year closing highJapan’s market buoyed by upbeat economic data

record 36% over two sessions. Railway companies and insurers propelled the benchmark Topix index to a dec-ade-high for a second straight day.

“Expectations for upward revi-sions in local companies’ annual profi t targets are pretty high ahead of the earnings season kicking off later this month,” said Yoshihiro Ito, chief strategist at Okasan Online Securities Co in Tokyo. “It also refl ects anticipa-tion of a victory for the Abe admin-istration in the upcoming election.”

Japan’s stock market has been

buoyed by a series of upbeat eco-nomic data. A Cabinet Offi ce report released before the market opened yesterday showed Japan’s core ma-chinery orders for August climbed more than analysts expected. Th e yen’s weakness against the dollar has further fanned speculation for robust growth in quarterly earnings.

Japanese voters will head to the polls on Oct 22 in which Prime Minister Shinzo Abe’s Liberal Dem-ocratic Party will be challenged by new Party of Hope. — Bloomberg

AKPK helps 14,688 individuals settle debts totalling RM593mKUALA LUMPUR: The Credit Counselling and Debt Manage-ment Agency (AKPK) has helped 14,688 individuals fully settle their debts totalling RM593 million via its debt management programme (DMP) as at Sept 30.

AKPK set up the DMP to help borrowers improve their finan-cial standing by restructuring their housing, vehicles and personal loans, including outstanding credit card balances.

AKPK chief executive officer

Azaddin Ngah Tasir said since its inception in 2006, a total of 631,386 individuals had attended the coun-selling services as of Sept 30, 2017.

“Of the total, some 198,915 in-dividuals have enrolled in the pro-gramme,” he told reporters on the sidelines of the AKPK Collaborators Award 2017 yesterday.

Bank Negara Malaysia’s assistant governor Abu Hassan Alshari Yahya presented the awards.

Azaddin said 68.7% of those who had enrolled in the DMP were in the

30-50 years age bracket who were unable to pay their credit card debts.

He said poor fi nancial planning was a major factor for the fi nancial diffi culty faced by the agency’s cli-ents and this constituted 44.7% of the cases received, followed by high cost of living (19.3%), business failure or slowdown (14.8%), high medical expenses (9.3%) and others (11.9%).

“Some 14.6% of the individu-als below 30 years old who joined the DMP did not have any debt problem but nevertheless wanted

to get financial advice.“This proved that among the

younger generation, there is an awareness to be fi nancially literate through the AKPK fi nancial educa-tion programme,” he said.

Th ere are three categories in the AKPK Collaborators Award 2017.

Th ese aimed to inspire people to play a role in enhancing fi nan-cial awareness and promoting fi -nancial education so that they can make informed fi nancial choices. — Bernama

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H O M E B U S I N E S S 5THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY

Dataprep gets takeover bid after Lim sold stake cheap

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

& W O N G E E L I N

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

& W O N G E E L I N

‘Most consumers do not care about sustainable palm oil’

KUALA LUMPUR: Businessman Tan Sri Muhammad Ikmal Opat Abdullah launched a takeover bid for Dataprep Holdings Bhd yester-day after he bought a controlling stake in the loss-making IT solu-tions company.

Wardah Communication Sdn Bhd, a wholly-owned unit of Ik-mal’s Widad Business Group Sdn Bhd (WBG), had acquired 270.54 million shares or a 64.2% stake in Dataprep from VXL Holdings Sdn Bhd at 16 sen a share — a price that was substantially below yester-day’s closing of 34 sen. Dataprep announced to the stock exchange that Wardah was making an uncon-ditional mandatory takeover off er for the remaining shares at 16 sen per share, valuing the company at RM141.2 million.

Th e off er is a sharp discount of 18 sen or 52.9% to the closing price of 34 sen per share. Th e stock hit a high of 41 sen yesterday.

Yesterday, the share price of Da-

BY S A M A N T H A H O

BY S U L H I A Z M A N

KUALA LUMPUR: Malaysian Palm Oil Council (MPOC) chief execu-tive offi cer Dr Kalyana Sundram revealed that while the gener-al consensus is that European end-users viewed palm oil as bad for the environment, he said most consumers in other countries like China, the US and Canada couldn’t care less.

“Th e average European per-ceives palm [oil] as evil, despite the functionality — that’s the mes-sage [we get from] social media.

“But if you go down to the ground and talk to [random] Euro-pean customers, they don’t know anything about palm oil. In fact, I’m sorry to say, they don’t care about sustainability. Th ey don’t pay much heed to [the issue of] sustainable palm oil,” he said.

However, Kalyana said there

is growing awareness of sus-tainable palm oil among the younger generation, who is get-ting aware of the need for sus-tainability and environmental preservation.

Hence, Kalyana said one of the challenges MPOC now faces is to ensure that discrepancies around palm oil cultivation and production are reduced and the true message is delivered instead.

“It is not palm oil that is bad, it is where you cultivate [it] and how you cultivate it that becomes an issue — this has been advocated several times by WWF and elsewhere,” said Kalyana.

He was speaking on the topic “Setting the Scene of the Sus-tainability Issues of Palm Oil” at the Palm Oil Sustainability European Union-Malaysia In-ternational Discourse yesterday.

taprep fell fi ve sen or 14.1% to its lowest point since the stock rallied sharply to an all-time high of 65 sen in March. VXL had been the group’s largest shareholder since June 2002 and is led by Datuk Lim Chee Wah, who is also a non-exec-utive director of Dataprep.

Th e takeover off er will be open for 21 days, Dataprep said, and the off erers intend to maintain the group’s listing status.

Wardah was described by the group as a printing and publish-ing firm, in which Muhammad Ikmal owns a 95% stake and his wife Puan Sri Jamilah Mahamad Isa has a 5% stake.

KUALA LUMPUR: Th e plan to build a US$20 billion (RM84.4 billion) oil refi nery complex in Yan, Kedah may have come to an end, as the sole in-vestment licence granted to Merapoh Resources Sdn Bhd to implement the project has expired, and subsequent-ly withdrawn by the authorities, said sources familiar with the matter.

Th e sources said the withdrawal of the licence by the Malaysian In-vestment Development Authority (Mida) was after “so many exten-sions”. It was revoked when Merapoh Resources was wound up by the High Court on April 25, 2016, and liqui-dated by the insolvency department on grounds of bankruptcy.

“You can ask Mida how many times it has renewed the licence to build the refinery complex? And who says the project has received a go-ahead, when it has not even received any approval from Invest Kedah Bhd,” a source who declined to be identifi ed told Th e Edge Finan-cial Daily. “Now that the licence is expired, do you think it would be

‘US$20b Kedah oil complex project in limbo’easy to get it back, given the poor credentials?,” the source added. “Th e project is as good as retired.”

When contacted, Mida and Invest Kedah declined to comment.

Proposed to be named as the Sul-tan Abdul Halim Refi nery Complex, the project was mooted in 2007 by Merapoh Resources, as another at-tempt to revive the Yan Industrial Petroleum Project. Merapoh Re-sources was owned by Petrobanq Sdn Bhd, a dormant fi rm of its ex-ecutive chairman Md Nazri Ramli.

After multiple failed attempts, Merapoh Resources — together with Petrobanq, as well as all refi nery li-cences and permits — were acquired by KPHUB Sdn Bhd, an abbreviation of Konsortium PetroHub.

KPHUB declined to comment immediately on the mega project’s status, only to say “it will issue a state-ment at a later time.”

KPHUB counts IMC London — a group of UK-based bankers — as the largest shareholder with a 50% stake, followed by VR4U Power Sdn Bhd (30%) and an unidentifi ed Ma-laysian entity (20%). A check with the

Companies Commission of Malay-sia reveals VR4U Power is owned by Raja Yasmin Baizura Raja Ahmad Azizan of Perak and Tunku Nawar Tunku Sulong of Negeri Sembilan.

KPHUB is said to have wanted to build a multi-crude oil complex able to refi ne one million barrels of oil per day, which will be imported from the Middle East and Asia be-fore exporting to China. Th e project was also said to include a 320km oil pipeline from Yan in Kedah to Ba-chok in Kelantan, as well as a 50km pipeline to transport oil from Kuala Jerlun to Bukit Kayu Hitam.

KPHUB had also said it intends to build 100,000 units of middle- and upper-class homes, a tank farm, ma-rine facilities and a heavy industrial area, together with a high-speed rail logistics network for cargo.

KPHUB had reportedly awarded the turnkey contract to a consortium led by China-based Hainan Zhen-rong Energy Co Ltd, in which the London-based bankers will assist to mobilise nearly US$20 billion to the contractors, suppliers, planners and related parties.

KUALA LUMPUR: Malaysia is ad-dressing “inaccurate” points in the European Parliament’s draft report on palm oil usage and sustainabil-ity, and will submit its views to the European side tomorrow.

Malaysia would also be sending a delegation to Brussels, Belgium next week to discuss the matter with members of the European Parliament (MEPs), said Malay-sian Palm Oil Council (MPOC) chief executive offi cer Dr Kalyana Sundram.

Th e 200-odd page draft report titled “Study on the environmen-tal impact of palm oil consump-tion and on existing sustainability standards” was produced after the European Parliament’s resolution on April 4 to phase out unsustain-able palm oil and other vegetable oils by 2020.

Th e European Parliament had also endorsed the certifi ed sustain-able palm oil (CSPO) plan for Eu-rope-bound vegetable oil exports to ensure that they are produced in an environmentally sustainable way.

“Th ere are lots of claims or ci-tations in [the draft report] which

Malaysia addressing inaccurate claims in EU draft palm oil reportWe can provide alternative facts and fi gures, says MPOC chief

we fi nd are not 100% accurate or not generally relevant to the scenario in Malaysia,” said Kalyana.

“We have facts and fi gures to ad-dress the contention and elements. We can provide alternative facts and fi gures on the basis of inter-vention,” he told reporters at the Palm Oil Sustainability European Union (EU)-Malaysia International Discourse which was organised by the EU-Malaysia Chamber of Com-merce and Industry.

Describing the draft report as the “wish list” of MEPs, Kalyana stressed that the EU Parliament has no rule-making authority.

He added that the EU Commission was expected to take into considera-tion Malaysia’s views when prepar-ing its updated report on the matter.

Kalyana also pointed out that Ma-laysia has reaffi rmed its commitment towards the supply of CSPO through its Malaysian Sustainable Palm Oil standards by end-2019.

Separately, the ambassador of the Netherlands to Malaysia, HE Karin Mossenlechner, said EU member states and the EU Commission have no position on the resolution on veg-etable oils.

“It’s not a EU policy; it’s just rec-ommendation from the parliament,”

Mossenlechner told reporters.She said the European Parliament

has asked the EU Commission to look into several areas, which the commission is now proceeding with, and it is up to the EU member states to discuss this.

“We have to look at elements that are relevant and look for a balanced approach to see how they can address the issues of concern in the resolu-tion of the EU Parliament. And at the same time, also taking into account the important contribution palm oil makes to the economy, rural devel-opment area and food development,” she said.

Mossenlechner noted that the EU Commission is still in the process of discussing the issues and has not come out with a solid opinion on the resolution.

“It will have continuous dialogue sessions. It can’t be achieved over-night. It needs continuous engage-ment and working together. It’s a step-by-step process working towards suitability,” she added.

The resolution calls for the EU to discontinue the usage of vegeta-ble oils in biodiesel by 2020 on the grounds that they were allegedly pro-duced in an unsustainable manner leading to deforestation.

(From left) Kalyana, EU-Malaysia Chamber of Commerce and Industry chief executive offi cer Roberto Benetello and French Agricultural Research Centre for International Development resident regional director for Southeast Asia Dr Alain Rival. Photo by Sam Fong

The takeover off er will be open for 21 days, Dataprep said, and

the off erers intend to maintain the group’s

listing status.

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6 H O M E B U S I N E S S THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

Measures to bridge home ownership gapLocation is the key factor for aff ordable housing projects — industry expert

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

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

KUALA LUMPUR: A consortium, comprising Ancom Bhd and three other fi rms, has bagged the adver-tising service concession for phase one of the mass rapid transit (MRT) in Jakarta.

In a fi ling with Bursa Malaysia, Ancom said the consortium sub-mitted a tender for the project on June 20 through PT Avabanindo Perkasa.

Ancom announced the set-ting-up of the consortium in May with Avabanindo Perkasa and Pun-

Zhulian 3Q profi t jumps 138% TNB to develop RM200m plant to generate power from waste heat

Key Asic points to new corporate exercise as shares hit seven-year high

Ancom consortium bags Jakarta MRT advertising concession

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

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

BY S A M A N T H A H O

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

EDITOR’S PICKS FROMtheedgemarkets.com

KUALA LUMPUR: Th e supply and demand gap of aff ordable housing has yet to narrow to a desirable level.

However, to the government’s credit, many schemes have been set up to ensure the availability of aff ordable homes, for example 1Malaysia People’s Housing and its Skim Pembiayaan Fleksibel, Rumah Mampu Milik Wilayah Persekutuan, Rumah Selangorku and Rumah Id-aman Rakyat, among others.

Th at said, the home ownership numbers are not convincing, espe-cially among the young. A study by HSBC Holdings plc in February this year showed that only 35% of 1,000

Malaysian millennials (those born between 1981 and 1998) polled al-ready owned their own homes. Th is was below the global average of 40%.

Eupe Corp Bhd managing di-rector Datuk Beh Huck Lee said the government should prioritise more on ensuring the existing af-fordable home schemes provide the intended support to prospec-tive homebuyers.

“[Th e] schemes must have good mechanisms and processes to make sure they are striking the right bal-ance between aff ordable prices and quality homes, and are as targeted as effi ciently as possible to achieve their objectives,” he said.

Meanwhile, Hua Yang Bhd chief executive offi cer Ho Wen Yan said

the government should provide more incentives in the upcoming budget to encourage developer to use Industrialised Building System (IBS) — which could speed up the building process and lower con-struction costs.

“What we can propose is for the government to look into moving the whole industry towards IBS as it improves quality, reduces cost through industrialisation and will be benefi cial for potential new home-buyers. It should give out incentives to developers and contractors who are moving towards IBS,” Ho said.

While Ho noted the aff ordable

housing schemes introduced by the government are “never enough”, the government cannot aff ord to keep losing money and there has to be “a balance” in terms of its spend-ing, he said.

“It is never enough but the gov-ernment has started [rolling out af-fordable home schemes] and it’s a good step. I think we need to have a balance — the government can-not keep giving so many free lands and subsidised housing otherwise a lot of money will be lost,” he said.

Some quarters point out that the locations of the aff ordable home projects are not strategic, thus mak-ing them an unattractive option for Malaysians who prefer to live closer to their workplace.

CBRE|WTW managing director Foo Gee Jen opines that location is the key factor for aff ordable hous-ing projects.

“Th is is not a new issue ... 10 to 15 years ago there was an oversupply of low cost housing in Malaysia, and people were shocked by this, but actually it was due to these houses being at the wrong location.

“Today a lot of aff ordable hous-ing is still planned very far from what the rakyat want, so we think these houses need to be at reason-able locations; it does not need to be on prime land but it has to be accessible by public transport,and there should be infrastructure such as schools and community centres in the locality,” he said.

Zhulian Corp Bhd’s net profit

(RM mil)

Source: Bloomberg

0

5

10

15

20

25

3QFY16 FY17

4Q 1Q 2Q 3Q

6.1

20.5

14.6

12.2

14.6

KUALA LUMPUR: Zhulian Corp Bhd’s net profi t in the third quar-ter ended Aug 31, 2017 (3QFY17) jumped 138% to RM14.58 million, from RM6.11 million a year ago, as it recorded a higher revenue and a 2.9-times jump in other compre-hensive income during the quarter.

In a fi ling with Bursa Malaysia yesterday, Zhulian said improved earnings were boosted by a 41% year-on-year (y-o-y) rise to RM4.23 million in its share of profi t of equity account-ed investee, and as total other com-prehensive income grew to RM6.96 million from RM2.42 million.

Quarterly revenue was up 13% to RM44.78 million, from RM44.01 million a year earlier.

Zhulian also announced a third interim dividend of 1.5 sen per share, to be paid on Nov 30, in respect of its FY17.

In the cumulative nine months

ended Aug 31, 2017 (9MFY17), net profi t jumped 96% y-o-y to RM41.33 million, from RM21.13 million, which it attributed to improved margin at some subsidiaries, in line with higher revenue and low-er expenses.

“Th e favourable profi t before tax for the period was also contributed by the increase in share of profi t by

KUALA LUMPUR: Tenaga Na-sional Bhd (TNB) is setting up a RM200 million plant to generate electricity through the recovery of exhausted waste heat from ce-ment plants.

TNB’s wholly-owned subsidi-ary TNB Repair and Maintenance Sdn Bhd will develop, operate and raise financing for the plant in a deal with Negeri Sembilan Ce-ment Industries Sdn Bhd (NSCI), the utility giant said in a filing with Bursa Malaysia.

NSCI is owned by Cement In-dustries Malaysia Bhd, a member of UEM Group Bhd and a pro-ducer of high quality cement and ready mixed concrete.

NSCI owns two cement plants in Bukit Keteri, Perlis and Bahau, Negeri Sembilan with a total pro-duction capacity of 7.2 million tonnes per annum.

TNB said the waste heat recov-

ery power plant will have a com-bined power generation capability of 23 megawatt by recovering the exhausted waste heat from the two cement plants. The project has the capability to reduce 9% to 12% of NSCI’s electricity cost.

The term sheet signing was held yesterday. It was signed by TNB Repair and Maintenance managing director Anuar Yusoff and Cement Industries managing director Mohd Yusri Md Yusof.

TNB said the new power plant will contribute towards green en-ergy and energy efficiency through reduction of carbon emission as well as competitive advantage through energy cost savings for NSCI cement plants.

The group said its venture into the waste heat recovery develop-ment will provide a new business opportunity in promoting energy efficiency, green technology and a sustainable long-term energy solution.

KUALA LUMPUR: Key Asic Bhd, whose shares reached a seven-year high yesterday and was the most active counter on the local stock ex-change, has revealed it is in the midst of “undertaking a corporate exercise”.

Th e details of the exercise, howev-er, have not been fi nalised yet, it said in a brief fi ling with Bursa Malaysia.

“Th e company will make the nec-essary announcements to Bursa Ma-laysia Securities Bhd in the event we proceed with the said corporate exercise,” its fi ling read.

Key Asic shares shot up 10.5 sen or 63.64% to 27 sen, with a market cap-italisation of RM240.39 million, after 248.78 million shares were traded. Year to date, the stock has jumped almost 234%.

cak Berlian Sdn Bhd (Ancom’s in-direct wholly-owned unit held through Redberry Sdn Bhd) as members along with PT Alternatif Media Group and Th ailand-listed VGI Global Media PCL.

Ancom did not disclose Puncak Berlian’s shareholding size in the consortium, merely saying it is a substantial stake.

Th e group said the consortium’s success will spur its media division (Redberry Group) to further expand its media business into the South-east Asian region.

The MRT Jakarta advertising

concession is with an exclusive media advertising rights of 20 years. Ancom did not share how much the concession is worth, but said the bid is expected to have signif-icant future earnings for its media division.

Th e MRT Jakarta’s main owner is the local Jakarta government.

Th e MRT’s phase one is expected to commence its commercial oper-ations in March 2019. It features six underground and seven elevated stations and 16 six-car trains con-necting key populated areas with Jakarta’s central business district.

See related story on Page 8

19%, compared with last year’s cor-responding period,” the fi ling added.

Revenue rose 5.2% y-o-y from RM139.39 million to RM146.68 mil-lion, thanks to higher export revenue from Myanmar.

Moving forward, Zhulian said the current environment for its present business segments continues to be challenging due to economic un-certainties, hence, it will continue to revive the domestic market, while exploring untapped markets in other Asean countries.

It also said it plans to explore new opportunities by venturing into other businesses.

“We also look forward to improv-ing the contribution from the MLM (multilevel marketing) segments, especially from our Th ailand and Myanmar markets, in order to drive growth momentum for the overall Indo-China market once we mate-rialise our plan to enter Cambodia and Laos markets,” it said.

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H O M E B U S I N E S S 7THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY

KUALA LUMPUR: Genting Bhd’s wholly-owned subsidiary GOHL Capital Ltd is issuing another US$500 million (about RM2.11 billion) worth of bonds to refi nance the casino and hotel operator’s ex-isting debt, and fund the group’s capital requirements.

In a statement to Bursa Ma-laysia yesterday, Genting said the “guaranteed notes” with a 4.25% annual coupon rate, matures on Jan 24, 2027. Th e bonds followed GOHL’s US$1 billion bond issu-ance in January this year.

Genting said net proceeds from the US$500 million bonds “are ex-pected to be used to replace cer-tain borrowings in GENT (Gent-ing) and its consolidated entities and for other general corporate purposes of the GENT Group, in-cluding but not limited to, operat-ing expenses, capital expenditure, investment, refinancing, work-ing capital requirements, general funding requirements and/or mak-ing investments in other members

KUALA LUMPUR: Johan Hold-ings Bhd’s chief executive Tan Sri Tan Kay Hock (pic) and his wife, who collectively own about 48% of the group’s shares, are making a conditional mandatory takeo-ver off er for the remaining shares.

Tan, who is also the chairman of George Kent (Malaysia) Bhd, and Puan Sri Tan Swee Bee are off ering to buy the shares at 25 sen apiece.

In a fi ling with Bursa Malaysia, Johan said Mustika Manis Sdn Bhd, a company wholly owned by the couple, has acquired 15 million shares, which represents 2.41% of the voting shares in the group, at 25 sen a share or a total of RM3.75 million.

Prior to this, Tan and his wife already held a 45.76% stake in Jo-han via their vehicles Kin Fai In-ternational Ltd, Kwok Heng Hold-ings Ltd, Star Wealth Investment Ltd and Suncrown Holdings Ltd.

Mustika is obliged to offer to acquire all remaining Johan shares as the 45.76% stake falls

Genting unit ups bond sale for Resorts World Las Vegas, among others

Johan chief announces takeover off er for remaining shares

George Kent partners Siemens for HSR bidTh ey will form an EPC pre-consortium to prepare a joint off er

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

KUALA LUMPUR: George Kent (Malaysia) Bhd is partnering Sie-mens Aktiengesellschaft, Ger-many, and Siemens Pte Ltd, Singapore, for the Kuala Lum-pur-Singapore High Speed Rail (HSR) tender.

In a fi ling with Bursa Malaysia yesterday, George Kent said it has inked a pre-consortium agreement with the two, collectively referred to as Siemens, last Friday.

Under the deal, George Kent and Siemens will form an engi-neering, procurement and con-struction (EPC) pre-consortium

to prepare a joint off er on the EPC level to the special purpose com-pany which shall bid for the de-velopment, fi nancing, construc-tion and technical operation and maintenance of the Kuala Lum-pur-Singapore HSR.

The agreement may lead to the participation of the company in the Kuala Lumpur-Singapore HSR project, which could con-tribute positively to the compa-ny’s earnings and net assets in the future.

George Kent chairman Tan Sri Tan Kay Hock said the Kuala Lumpur-Singapore HSR project is one of the most prestigious

and coveted projects in the rail industry now, as it is the first cross-border HSR project in Southeast Asia.

“[We are] pleased to be partner-ing with Siemens, which has one of the most impressive track records in delivering successfully the safest and most reliable high speed rail systems in the world.

“We hope to be able to contrib-ute our part as the local Malaysian company in delivering the HSR project,” he said.

George Kent shares rose 12 sen or 3.86% yesterday to close at RM3.23, giving it a market capital-isation of RM1.82 billion.

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

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

of the Group, which may include investments for the development of Resorts World Las Vegas and/or other projects”.

Genting said GOHL, had on Tuesday completed the book-building for the US$500 million scheme, which will form a “single series” with the existing US$1 billion scheme.

Th e new bonds will be listed on the Stock Exchange of Hong Kong Ltd next Wednesday, read the statement.

Genting said Citigroup Global Markets Ltd is the global coordina-tor for the US$500 million bonds while JP Morgan Securities plc and SMBC Nikko Capital Markets Ltd are the joint book runners and joint lead managers for the off ering.

Yesterday, Fitch Ratings said it was keeping its “A-” rating on Gen-ting as it does not expect any im-pact from GOHL’s further planned note issue.

Genting shares slipped 13 sen or 1.35% to close at RM9.50 yester-day, for a market capitalisation of RM36.83 billion.

between the 33% and 50% man-datory takeover off er-triggering range, and with Mustika sub-sequently acquiring more than 2% of Johan’s voting shares in a period of six months.

The offer price of 25 sen is equivalent to the price paid by Mustika, and is a 1.96% discount to Johan’s closing market price on Tuesday of 25.5 sen. Th e off erors intend to maintain the listing status of Johan.

Yesterday, Johan closed at 26 sen for a market capitalisation of RM161.97 million.

Anti-dumping duties imposed on cold-rolled stainless steel imports

KUALA LUMPUR: Th e Malaysian government has imposed provi-sional anti-dumping duties on cold-rolled stainless steel (CRSS) imports from China, South Ko-rea, Taiwan, and Th ailand after finding that there is sufficient evidence to continue their in-vestigation.

Th e duties, which range from 7.27% to 111.61%, will be eff ective for not more than 120 days from today, the international trade and industry ministry (Miti) said in an announcement.

Th e measures follow a pre-liminary anti-dumping inves-tigation, which found there is sufficient evidence to further investigate the importation of CRSS from the alleged coun-tries, Miti said.

The investigation had been initiated based on a petition fi led

by Bahru Stainless Sdn Bhd, a sub-sidiary of Spanish stainless steel maker Acerinox SA, on behalf of domestic CRSS producers.

A federal gazette issued yes-terday indicated that the rates of duties vary by companies from diff erent countries.

South Korean companies face the lowest duty of 7.27%, apart from Hyundai BNG Steel Co Ltd, Hyundai Steel Company and POS-CO, which do not face any duties.

Meanwhile, companies apart from POSCO-Th ainox in Th ailand face the highest duty of 111.61%.

The latest duties are one of many protective measures in the domestic steel sector, in which upstream and downstream play-ers have divided views on the gov-ernment’s initiative to protect the industry.

Malaysian industry players have previously protested safe-guard duties on other steel prod-

ucts such as steel wire rod (SWR) and deformed bar-in-coil (DBIC) imports, as these have pushed up costs for downstream steel manufacturers and construction players.

Th e Malaysian Steel Associa-tion, which comprises Ann Joo Steel Bhd, Southern Steel Bhd and Malaysia Steel Works (KL) Bhd as well as Lion Industries Corp Bhd subsidiaries Amsteel Mills Sdn Bhd and Antara Steel Mills Sdn Bhd, had previously submitted the petition for safeguards against SWR and DBIC imports.

Other steel makers which have submitted petitions to Miti in-clude Megasteel Sdn Bhd, which had called for a safeguard on im-ported hot-rolled coils in June this year.

Meanwhile, Mycron Steel Bhd had in December last year called for anti-dumping measures against cold-rolled coil imports.

BY S A M A N T H A H O

THE EDGE FILE PHOTO

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8 H O M E B U S I N E S S THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

Homes just aren’t that aff ordable, BNM tells M’siansTh e central bank says the property industry should cut costs and accelerate supply

BY C H O N G P O O I KO O N

KUALA LUMPUR: Malaysia’s cen-tral bank has a response to those saying it needs to do more to spur home loans: houses simply aren’t aff ordable.

Bank Negara Malaysia (BNM) has created a website packed with data aimed at debunking the “myth” that access to fi nancing is deterring home ownership, show-ing loan approvals for key cities are near 70% or higher. BNM has resisted calls to loosen mortgage lending, instead saying the prop-erty industry should boost eff orts to cut costs and accelerate supply.

Rising home prices have add-ed to the grievances of Malaysians grappling with the rising cost of liv-ing since the goods and services tax was introduced two years ago, and as the government removes subsidies on daily items including petrol and sugar. Th is makes aff ordable housing a key voter issue for Prime Minister Datuk Seri Najib Razak ahead of the 14th general election that must be held by mid-2018.

“It’s a tricky situation,” Institute for Democracy and Economic Af-fairs chief executive offi cer Wan Saiful Wan Jan said in Kuala Lum-pur. “I don’t think it’s right to say there’s no problem with fi nancing. However, lending rules have to be strict and balanced at the same time, otherwise we’ll have more non-performing loans and that is not good for anyone in the country.”

Th e median house price in Malay-sia was 4.4 times the median annual household income in the latest data available, making the housing market “seriously unaff ordable” compared with global standards, according to a 2015 report by state-run Khazanah Research Institute. Th e report de-scribes an aff ordable market as one with a median multiple of 3 times.

Th at still makes Malaysia cheaper than many other markets, with af-fordable housing in key cities some-thing of a rarity in the 21st century. In the latest Demographia study, Kuala Lumpur had the eighth-best housing aff ordability out of 18 metropolitan regions worldwide, with Hong Kong homes costing 19 times income and Beijing 14.5 times.

BNM is seeking to strike a bal-ance: its housing website aims to show transparency in the market while the lender also stands fi rm on stricter fi nancing rules intro-duced in 2010 to curb speculation, as well as measures to promote re-sponsible lending amid elevated consumer debt.

Household debt as a proportion of gross domestic product fell to 88.4% last year from 89.1%. It’s still one of the region’s highest and the nation needs to be careful of such levels, Bank Negara governor Datuk Muhammad Ibrahim said in July. BNM has left borrowing costs un-changed at 3% since July last year.

Just 20% of new Malaysian hous-ing launches in the fi rst quarter of

Note: Maximum affordable house prices are estimated using the Housing Cost Burdenapproach, which states that a house is deemed affordable as long as housing costs do not exceed 30% of net monthly income.

Source: National Property Information Centre, Department of Statistics Malaysia and BNM Estimates

Actual market house prices and maximum affordable house prices by key states in 2014

Malaysia KL Selangor Johor Penang Sarawak Sabah0

100

200

300

400

500Maximum Affordable

House Price (HCB)

Actual Median House

Prices (States)

RM (’000)

Actual market house prices and maximum affordable house prices by key city centres in 2014

248 242

385

490

324 300277 260 253

295

207165

205230

Median (4,585) (7,620) (6,214) (5,197) (4,702) (3,778) (3,745)Income,RM (Monthly)

KL City Petaling District Johor Bahru Georgetown0

100

200

300

400

500

600RM (’000)

Median (7,620) (6,484) (5,497) (4,792)Income,RM (Monthly)

Maximum Affordable

House Price (HCB)

Actual Median House

Prices (City Centre)385

336

256290

560

335

600

470

BY C H E S T E R TAY

KUALA LUMPUR: Astro Malaysia Holdings Bhd, aggressively expand-ing in the digital space, is aiming to attract 16 million new users, as it adapts to an entertainment mar-ket fi lled with technological dis-ruptions.

Astro chief operating officer Henry Tan said the group is un-dertaking a three-pronged strategy to achieve the target.

“Digital expansion is what we are doing and quite simply, Astro is undertaking three major thrusts, one is expanding from home to individual [users],” he said in his opening keynote address yester-day at the marketing conference “Quake” organised by Astro.

“Today, Astro is [present] in 5.2 million homes: we are telling our team that is good. However, let’s move on to winning over in-dividual [users], and our target is to win over 16 million individu-als through whatever devices and screens [available].”

Tan said the group is also ex-panding into the Asean region. “Why are we doing that? Th e only way for us to improve [our prod-ucts’] quality is to get more scale. To do so, [we have] to go beyond Ma-laysia. I always tell people, Malaysia is not small with [a population of] 30 million; it is actually far small-er than that. When you look at the Malay market, it actually consists of 16 million to 18 million people. Th e Chinese market is even smaller.

“So, we are in a very unique country, where our population is segmented — that is the very real base we have to work with, which is why we have to go be-yond Malaysia.”

Tan also said Astro, as a pay TV company, will go beyond just selling content. “We are trans-acting content, and our goal is to sell beyond just content to literal-ly everything and anything [via] shopping, e-commerce and mer-chandise.”

Digitalisation has been Astro’s strategy in defending its leadership in pay TV and content creation in Malaysia against disruptors such as Netfl ix and ifl ix, as well as free content providers such as Facebook and YouTube.

Tan added that the marketing in-dustry now has to focus on creating value for businesses — not necessar-ily a cost-saving measure. “We have enough talents in the fi nance and procurement team when it comes to saving money. Marketers have to create value for, and balance in, the management because cost savings are for the short term, and value cre-ation is long term.”

Th e one-day conference, themed “Winning the Future”, drew some 500 participants, mainly market-ing experts. It sought to address marketers’ need to change their mindsets in an age of technologi-cal disruptions.

Astro eyes 16 million new users via fi erce digital expansion

BY A N E T T E A P PA D U R AY

KUALA LUMPUR: Electronic man-ufacturing services (EMS) provider EG Industries Bhd said its redeem-able convertible preference shares (RCPS) have been oversubscribed by 26.09% times.

In a fi ling with Bursa Malaysia yesterday, the group said it received applications for 66.69 million RCPS

2017 were priced below RM250,000, down from 33% between 2010 and 2014, according to BNM’s Housing Watch website. The bulk of new homes cost between RM250,000 and RM500,000. Th e median annual household income is estimated at around RM63,000.

“It is an issue of not having enough income and houses being too expensive,” Muhammad told a conference in August, reiterating “the problem is not about access to credit” and the lender “must have the courage to say it loudly and clearly to the public”.

Only about half of the people liv-ing in Kuala Lumpur own a home. Nationwide, it was 72.5% at the last census in 2010. Demand is set to

rise: the median age of Malaysia’s 31.7 million people is 28 years and the urban population is growing at an average of 4% a year, among the fastest pace in East Asia, according to the World Bank.

Najib has pledged to focus on boosting living standards when he tables next year’s spending plan in Parliament this month. He may an-nounce an increase in the number of aff ordable homes built by state-linked companies, tax relief for pri-vate developers and subsidies for af-fordable homebuyers, RHB Research Institute Sdn Bhd said last month.

Banks are being “prudent and responsible” in providing fi nance to buyers, an association of Malay-sian commercial lenders said in a statement this week. It was seeking to refute developers’ claims that house buyers are fi nding it harder to obtain a housing loan and that approval times are increasing. De-velopers should instead be looking at their own industry, Federation of Malaysian Consumers Associations secretary-general Paul Selvaraj said.

“Th e focus should be on building houses which people can aff ord, not building expensive houses and then trying to push them, and then complaining that the banks are not giving loans,” he said. “Th e reason people are having problems getting loans is because the houses are not aff ordable. It’s beyond their repay-ment ability.”

Some developers are slowly starting to fi ll the demand. Mah Sing Group Bhd, the nation’s third-larg-est developer, is selling apartments within 5km from Kuala Lumpur city centre, from RM328,000 for a 650 sq ft unit. Th at’s within the maximum price a family on the city’s median income can aff ord.

The problem is set to become more serious. Th ere is currently a shortage of 960,000 aff ordable hous-ing units in Malaysia, with the num-ber projected to reach one million units by 2020, according to BNM’s estimates. “It’s a very important is-sue for Najib to address,” said Wan Saiful. “I’m just really wondering what more can Najib do other than provide heavy subsidies, at a level that maybe even the government cannot aff ord to do.” — Bloomberg

EG Industries RCPS oversubscribed by 26%worth RM63.4 million, out of the 52.89 million RCPS that were of-fered, representing a subscription level of 126.09%. Th e rights issue involved the issuance of 52.9 mil-lion RCPS of 95 sen each.

“Th e one-for-four rights issue with bonus issue will eventually in-crease the group’s total outstanding shares to 386.3 million, from 211.6 million as at June 30, 2016,” the

group said in a separate statement.It added that at an issue price

of 95 sen per RCPS, the corporate exercise raised RM50.2 million in proceeds, which will be used pri-marily to expand its business.

“Th e proceeds will facilitate our continued growth in the EMS sec-tor by acquiring more machinery to expand capacity for the second factory in Sungai Petani, enhanc-

ing our research and development capabilities, and granting us more working capital to reinforce our objective to be a strong partner for international customers,” said its group chief executive officer Alex Kang.

EG Industries shares rose 0.5 sen or 0.66% higher at 76 sen yes-terday, with a market capitalisation of RM160.56 million.

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

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

H O M E BU S I N E S SSHARES in Carimin Petroleum Bhd (fun-damental: 1.65/3, valuation: 0.9/3) trig-gered our momentum algorithm yesterday for the fourth time in the past two months. Th e stock price went up one sen or 2.04% at 50 sen yesterday for a market capitalisation of RM118.11 million. Some 15.02 million shares were traded yesterday, which was higher than its 200-day average volume of 1.325 million shares.

Last week, Carimin announced that it had won a fi ve-year contract from Petronas Cari-

gali Sdn Bhd to provide maintenance, con-struction and modifi cation services (Package C [Off shore] Peninsular Malaysia Oil) for an undisclosed sum. Th e contract, which is valid for fi ve years — from Sept 20 this year until Sept 19, 2022 — at an agreed fi xed schedule of rates, comes with a one-year optional ex-tension. Carimin said the new job should contribute positively to its earnings over the duration of the contract.

Its shares are currently trading at 0.73 times its net book value.

SHARES in Microlink Solutions Bhd (fun-damental: 1.4/3, valuation: 1.1/3) which triggered our momentum algorithm yes-terday for the fi rst time this year, closed at RM1.04 yesterday, up four sen or 4% at RM1.04, with a market capitalisation of RM174.06 million.

A total of 981,700 shares changed hands, compared with its 200-day average trading volume of 137,294 shares. Its share price has climbed 11.8% year to date with a high of RM1.19. In June, Microlink secured a RM38

million Lembaga Pembiayaan Perumahan Sektor Awam project for the implementation of a loan management system that will take 16 months, followed by maintenance and support for three years.

For the fi rst fi nancial quarter ended June 30, 2017 (1QFY18), Microlink’s net profit jumped over 33 times from RM142,000 in 1QFY17 to RM4.79 million, mainly due to higher revenue contribution from its fi nancial services segment. As at yesterday, Microlink is trading at 2.05 times its book value.

SHARES in Palette Multimedia Bhd (funda-mental: 0.95/3, valuation: 0/3) triggered our momentum algorithm yesterday for the fourth time this month. Palette’s share price gained 1.5 sen or 3.9% at 40 sen yesterday. Its trading volume swelled to 65.03 million shares traded versus the counter’s 200-day average volume of 8.91 million shares. Th e group’s market cap-italisation stood at RM129.3 million.

In September, Palette announced that it has entered into a contract for the sale of hard-

ware-related products with Trade House At-lantis Ltd worth US$396,000 (about RM1.67 million), to be delivered latest by March 15, 2018. It said the contract is expected to con-tribute positively to the net assets per share and earnings per share of Palette and its sub-sidiary for the fi nancial year ending May 31, 2018. Palette posted a net profi t of RM664,000 for the fourth quarter ended May 31, 2017, on revenue of RM4.9 million. Palette is currently trading at 11.2 times its net book value.

KUALA LUMPUR: Volvo Car Malaysia, which currently exports to Th ailand and Taiwan, plans to add three more export destinations in Asean for all its locally as-sembled models, namely Indonesia, the Philippines and Vietnam. It has also ear-marked Laos and Cambodia as potential new markets.

Th e company said it anticipates its ex-port volume, which stands at 1,800 now, to reach close to 5,000 cars per annum “in the next few years”.

Models that are currently assembled at its production facility in Shah Alam are the newly launched S90 T8 Twin Engine, XC90 T8 Twin Engine, XC60, S60 and V40.

With that, Volvo Car Malaysia managing director Lennart Stegland said it is “com-fortable with carrying out production and is well established” in Shah Alam, contrary to previous reports that it would be pro-ducing cars in Tanjung Malim, where sister company Proton Holdings Bhd currently has a plant.

Zhejiang Geely Holding Group Co, which recently acquired a 49.9% stake in Proton for RM460.3 million, also owns the Volvo brand and was reportedly planning to make Malaysia a hub to assemble Volvo cars for the Asean market by 2022.

KUALA LUMPUR: Th e Malaysia Automotive Institute (MAI) expects the country’s car sales this year to at least match last year’s level, said chief executive offi cer Datuk Madani Sahari.

Madani said this will be on the back of the stock clearance promotions in the remaining period of 2017, as well as the generally positive sentiment eff ects to be felt from the upcoming Budget 2018 an-nouncement. “Excluding the low sales in September, the cumulative total industry volume would have increased by 3%,” he said. “I think people are waiting to see what is in store in the upcoming budget announcement.”

“I am hoping [for] the sales to be sus-tained, but from MAI’s perspective, we are inclined to study the actual output or production of total cars manufactured,” Madani told reporters on the sidelines of the International Greentech & Eco Prod-

Volvo Malaysia to expand export market in AseanBY A D E L A M EG A N W I L LY

BY S U L H I A Z M A N

MAI expects this year’s car sales to match 2016 level

ucts Conference and Exhibition Malaysia.In 2016, the Malaysian Automotive As-

sociation (MAA) reported that the coun-try’s total vehicle sales fell 13% to 580,124 units from 591,275 units , the fi rst time car sales declined after previously enjoying six consecutive years of uninterrupted growth.From January to August 2017, MAA data revealed that total vehicle sales improved 4% to 384,730 units, compared with 370,152 units in the same period of 2016.

Meanwhile, MAI yesterday inked a mem-orandum of understanding with the Malay-sian Green Technology Corp to strengthen eff orts and initiatives towards achieving low carbon mobility in the country.

Czech Republic Deputy Minister for Environment Vladislav Smrz said there should be an increased eff ort to reduce carbon footprints via an eff ective manage-ment of various types of wastes, and water resources. “Czech Republic remains open to any collaboration opportunities with the Malaysian government,” he said.

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

0.901.65

--

0.72-

114.60233.88

0.540.28-0.55

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

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

1.101.40

30.830.211.98

-167.37167.37

0.780.87-1.30

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

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

0.000.95

--

10.92-

124.45323.25

0.660.06-0.39

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

CARIMIN PETROLEUM BHD (+ve)

MICROLINK SOLUTIONS BHD (+ve)

PALETTE MULTIMEDIA BHD (-ve)

“I’m not really involved in that but Li Shufu (chairman and owner of Zhejiang Geely) has made it clear Volvo is Volvo and Geely is Geely. Th at’s the strategy for now, and we are comfortable [with producing from] Shah Alam,” Stegland told Th e Edge Financial Daily.

Stegland went on to say that the com-pany is rebuilding its Shah Alam facility, which will allow for the production of up to 7,000 cars per year — from the current 5,000 — and will use it “as well as possible”.

“Th e Shah Alam production plant was established in 1967 and we have always been consistent in expanding the capabili-ties of our local production facility to cater to the growing demand within this region and beyond,” he said.

While Stegland declined to disclose fi g-ures, he said the company’s investment in local production has been “very substantial”.

Volvo Car Malaysia yesterday launched the new Volvo S90 T8 Twin Engine pre-mium sedan, the second plug-in hybrid electric vehicle to be assembled locally and exported within Asean after the XC90 T8 Twin Engine.

Th e new sedan is available in two vari-ants — Inscription and Inscription Plus. It is priced at RM368,888 for the Inscription and RM388,888 for the Inscription Plus, without insurance.

Stegland (left) and Malaysian Green Technology Corp chairman Tan Sri Peter Chin at the launch of the Volvo S90 T8 Twin Engine premium sedan yesterday. Photo by Sam Fong

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1 2 P R O P E RT Y THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

HK developer stocks fallTh is is after chief executive’s maiden policy speech skirts land issue

BY F R E D E R I K B A L FO U RBY SWATI PANDEY & PAULINA DURAN

BY E M I LY C A D M A N

HONG KONG: Hong Kong devel-oper stocks reversed earlier gains after Chief Executive Carrie Lam’s (pic) maiden policy speech didn’t spell out proposals to boost land supply or detail a highly anticipat-ed plan to convert farm land into homes in the world’s least-aff orda-ble housing market.

Meeting the public’s housing needs remains the “top priority” for Hong Kong, Lam said in her fi rst speech after taking the city’s top job in July. She said details of a plan to introduce “starter homes” for fi rst-time homebuyers will be unveiled in mid-2018.

“It now appears that the land sup-ply for starter homes will have to come

SYDNEY: Property-hungry Chinese investors have shrugged off the impact of tighter capital controls and continue to pour money into Australian housing.

Foreign buyers are acquiring about a quarter of new housing supply in New South Wales, and China accounts for about 90% of that demand, according to Credit Suisse Group AG analysis of tax of-fi ce data. Foreigners are buying 17% of new housing in Victoria, and 8% in Queensland, Credit Suisse said.

While local property agents say higher state taxes on foreigners are deterring buyers, Credit Suisse isn’t so sure they will have a big im-pact on prices. Th ey point to even higher taxes in other global cities, the relative cheapness of Austral-ian property compared with Chi-nese cities, and the growing stock of wealth in China.

SYDNEY: Australia’s corporate watchdog said yesterday it will scru-tinise individual home loan records to ensure that mortgage providers are not unfairly selling risky inter-est-only loans to make quick profi ts.

Interest-only loans are massively favoured by speculative property investors taking advantage of gen-erous tax breaks, driving rapid gains in housing prices in recent years.

Regulators have intensifi ed pres-sure on the country’s biggest banks in recent months to slow down lending, worried that excessive debt in the property market will hurt spending elsewhere in the economy and lead to fi nancial stability risks.

Th e Australian Securities & Invest-ment Commission (ASIC) said it would examine individual loans, including to owner-occupiers, to ensure that lend-ers are providing interest-only home loans in “appropriate circumstances”.

“Th e spotlight has been fi rmly on interest-only lending for some time, and there are no excuses for lenders and brokers not meeting their legal obligations,” ASIC Dep-uty Chair Peter Kell said.

Th e fi rst stage of the ASIC review, announced in April, showed that the country’s four major banks had cut back on risky interest-only loans but smaller players had off set that decline by increasing their share. The re-view also found borrowers who used mortgage brokers were more likely to obtain an interest-only loan than those who went directly to a lender.

ASIC said borrowers approach-ing retirement continued to be pro-vided with a signifi cant number of such loans, expecting solid price growth to easily cover the princi-pal when the property was resold, putting retirement incomes at risk.

Home prices across Australia’s major cities have continued to rise. although the gains have tempered recently as banks cut back on lend-ing. — Reuters

from sites already owned by private developers or to be bought from the government,” Lam said yesterday.

Shares in New World Develop-ment Co, which surged as much as 6.2% before Lam’s speech, fell 1.2% in Hong Kong. Sun Hung Kai Proper-ties Ltd fell 0.9% after earlier rising as much as 1.5%, while the Hang Seng Property Index also declined 0.9%.

“Th e market expected Carrie Lam to say ‘let’s have more cooperation with developers to create more land supply’,” said Raymond Cheng, direc-tor of Hong Kong and China property research at CIMB Securities. “Her not mentioning the agricultural land scheme disappointed [people] and that is why shares are down.”

Investors had expected Lam to speed the conversion of farm land

for residential developments. Lam vowed in her campaign to tackle the high cost of housing, seen as one of the major sources of unrest in the city of 7.1 million. A University of Hong Kong poll released on Tues-day found 94% of people identifi ed housing as the most important issue for the chief executive to address.

Unlocking idle agricultural land for residential use would be a boon for property developers, who have found the system of approvals un-satisfactory. “It establishes a way to monetise this land bank in a more predictable way, which would be a positive thing for the developers,” said David Ng, a property analyst at Macquarie Group.

Lam said the government will launch a pilot scheme of 1,000 start-er homes built on private land, re-served for mid-income, fi rst-time buyers by the end of next year, with details to be revealed in mid-2018. To qualify for the programme, buy-ers’ monthly income can’t exceed HK$34,000 (RM18,386) for individ-uals and HK$68,000 for households. — Bloomberg

China investors continue to buy Australian homes

“Local incomes are becoming less relevant in determining the outlook for house prices and re-gional wealth is becoming more relevant,’’ Credit Suisse analysts

Hasan Tevfik and Peter Liu said in the report. “We see no evi-dence of a slowdown in foreign demand because of the stronger capital controls introduced by

Chinese authorities.”That’s not good news for lo-

cals already struggling to break into the booming housing market. — Bloomberg

Australia’s corporate watchdog to investigate interest-onlyhome loans

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1 4 B R O K E R S’ C A L L THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

AAX to focus on medium-haul routes

Sunway Bhd(Oct 11, RM1.80)Maintain neutral with a higher tar-get price (TP) of RM1.83: Sunway Bhd announced that it is raising its stake in Sunway South Quay from 60% to 80% by acquiring 50,000 ordi-nary shares held by Kuwait Finance House (Malaysia) Sdn Bhd (KFH) in Sunway South Quay Sdn Bhd (SSQ) at a purchase consideration of RM136.6 million.

Sunway will also repay, on behalf of SSQ, a sum of RM73.4 million in cash towards the settlement of “musyarakah” capital invested by KFH in SSQ. Th e proposed acqui-sition is expected to be completed in the last quarter of 2017.

We are positive on the acquisition, as it will lead to higher future earnings for Sunway following higher owner-ship in Sunway South Quay. Note that SSQ is primarily involved in the development of Sunway South Quay, which is a mixed development in the integrated township of Sunway City with remaining gross development value (GDV) of RM3 billion. Launch-es of projects in Sunway South Quay for fi nancial year 2017 (FY17) include Sunway Geo Residences 3 with GDV of RM400 million.

Sunway intends to fund the ac-quisition via bank borrowings and

Plantation sectorMaintain neutral: Th e Malaysian Palm Oil Board’s (MPOB) monthly data for September 2017 came as lit-tle surprise on the production side. Crude palm oil (CPO) production fell 1.7% month-on-month (m-o-m) to 1.78 millionn tonnes and this was contrary to industry estimates of an increase by 1.1% to 1.6%.

The low production coupled with sluggish export growth have resulted in inventory surpassing two million tonnes for the first time in 19 months. September’s imports declined by 1.2% m-o-m to 41,000 tonnes while the domestic demand increased by 10.3% m-o-m to 228,000 tonnes.

Th e drop in CPO production was mainly due to lower production from Sabah and Sarawak, which was down 2.5% m-o-m.

Although this is the second se-quential m-o-m decline, we contin-ue to believe peak production will likely happen in the fourth quarter of this year (4Q17) before gradually entering into a low-yielding season in 1Q18.

Note that for the last 17 years, six peaks of production were re-corded in October, fi ve in Septem-ber and three each in August and November.

Th e September fresh fruit bunch (FFB) yield remained fl at at 1.63 tonnes per hectare. However, the cumulative FFB yield of 12.71 tonnes per hectare was higher than the 11.58 tonnes per hectare record-ed a year ago and this has contrib-uted to higher production of 14.1 million tonnes year to date (YTD).

Exports came in below expec-tations at 1.52 million tonnes in September 2017. Th e market is ex-pecting a monthly growth of 7.5% to 8.2%. Th e increased demand from China and Pakistan helped to off -set the export shortfall to Europe.

Exports to China and Pakistan increased 41.6% and 87.7% m-o-m to 275,000 tonnes and 128,000 tonnes, respectively. We believe the surge could be due to restock-ing activity.

Exports to India remained stag-nant at 183,000 tonnes. Looking forward, cargo surveyors Societe Generale de Surveillance (SGS)

and Intertek estimate that the palm oil exports for the fi rst 10 days of October would increase by 16.5% and 18.1% to 462,000 and 448,000 tonnes, respectively.

YTD, the CPO price depreciated by around 15% to average RM2,852 per tonne. Th is is 6% higher than our 2017 CPO price assumptions of RM2,700 per tonne. Looking forward, we continue to expect the CPO price to taper off in 4Q17.

Th e US Environmental Protec-tion Agency is considering lowering the biodiesel blending requirement by 15% for 2018 and 2019 under the Renewable Fuel Standard. Th is is expected to push down soybean and CPO prices.

Besides, demand from India and China may taper off in the coming months to avoid palm oil invento-ries solidifying during winter.

Meanwhile, China will suspend state reserve sales of corn and soy-beans from end-October and the regular auctions of state rapeseed oil reserves in October may led to a glut of edible oils, cutting the prices of soybean and CPO.

We reiterate our neutral recom-mendation on the plantation sector. Future rerating catalysts include ex-treme weather change leading to an increase in CPO price, downward revisions in soybean production es-timates, and better-than-expected demand in China and India.

We maintain our “buy” recom-mendation on IJM Plantations Bhd and United Malacca Bhd. We con-tinue to like IJM Plantations for its huge potential earnings accretion from its Indonesia operations in the long term.

While for United Malacca, its young tree profi le, a strong earn-ings growth prospect and attractive valuations should help to boost its share price higher.

We maintain “hold” on Kuala Lumpur Kepong Bhd, Sime Darby Bhd, Kumpulan Fima Bhd, Wilmar International Ltd and Indofood Agri Resources Ltd as near-term cata-lysts have already been priced in.

Lastly, we maintain “sell” calls on IOI Corp Bhd and Felda Glob-al Ventures Holdings Bhd due to pricey valuation. — TA Securities, Oct 11

Sunway Bhd

FYE DEC (RM MIL) 2014A 2015A 2016A 2017F 2018F

Revenue 4,558.1 4,448.4 4,725.9 4,907.4 5,379.6Core Ebit 609.8 546.6 726.9 653.7 717.1Core PBT 810.1 788.7 820.5 821.0 901.3Net income 734.0 732.4 585.9 555.6 603.6Core net income 583.9 590.7 547.4 555.6 603.6EPS (sen) 42.6 41.8 28.4 11.5 12.4Core EPS (sen) 33.9 33.7 26.6 11.5 12.4Net DPS (sen) 11.00 38.00 12.14 5.27 5.72Net dividend yield (%) 2.5 8.7 2.8 2.9 3.1Core PER 12.85 12.91 16.38 15.89 14.63NTA/share (RM) 3.44 3.74 3.62 1.60 1.67P/NTA 1.26 1.16 1.20 1.14 1.09Core ROE (%) 9.8 9.0 7.3 7.2 7.5Core ROA (%) 4.5 3.7 2.9 2.9 3.1Net gearing (x) 0.30 0.50 0.45 0.44 0.46Sources: Company, MIDF Research Estimates

AirAsia X Bhd

FYE DEC (RM MIL) 2015A 2016A 2017F 2018F 2019F 3-YEAR CAGR (%)

Revenue 3,062.6 4,006.5 4,686.0 5,438.2 6,215.4 15.8Operating profit -75.0 284.9 221.9 231.8 245.7 -4.8Pre-tax profit -446.5 260.1 191.3 212.4 236.2 -3.2Reported net profit* -349.6 210.3 191.5 214.5 238.6 4.3Core net profit -139.5 260.0 191.5 214.5 238.6 -2.8EPS (sen) nm 6.3 4.6 5.2 5.8PER (x) nm 6.1 8.2 7.3 6.6*Including deferred taxation and forex gain/lossSources: Company, PublicInvest Research estimates

Raising stake in Sunway South Quay will lead to higher future earnings for Sunway

CPO price expected to taper off in 4Q17

The cumulative FFB yield of 12.71 tonnes per hectare was higher than 11.58 tonnes per hectare recorded a year ago, and this has contributed to higher production of 14.1 million tonnes YTD. Photo by Kenny Yap

AirAsia X Bhd(Oct 11, 38.5 sen)Maintain neutral with an un-changed target price of 41 sen: Recently, we attended AirAsia X Bhd’s (AAX) analyst briefi ng at its corporate offi ce, RedQ. Th e meet-ing was helmed by AirAsia group chief executive offi cer (CEO) Tan Sri Tony Fernandes, AirAsia Bhd CEO Datuk Kamarudin Meranunm, AAX CEO Benyamin Ismail, and AAX chief fi nancial offi cer Cheok Huei Shian.

Management discussed the growth focus and outlook for 2018, with its key strategies moving for-ward being the realignment of ca-pacity for the Australian market, to focus on the North Asian market and potentially to lease up to 10 Airbus SE A330s to support growth in 2018.

In its fi nancial year ended Dec 31, 2016 (FY16), the Australian seg-ment contributed about 34% of AAX’s revenue. Due to overcapac-ity in the market and heightened competition on certain routes, the segment has been a drag on its earnings. Hence, AAX plans to re-align the capacity for its Australi-an routes by next year to improve profi tability. At the moment, AAX will be focusing its capacity growth on the more lucrative North Asian routes, which are Korea, Japan, China and India, while both its as-sociates in Indonesia and Th ailand are also expected to replicate the

same route strategy. The recent red flag removal

against the safety concerns on Th ai airlines by the International Civil Aviation Organization is favoura-ble to AAX’s Th ai associate, given an opportunity of growth to add frequencies and introduce new routes to Japan and Korea.

Going forward, AAX aims to fo-cus on medium-haul routes, with expansion opportunities to Europe and America through future hubs from North Asia in the next three to four years’ time.

AAX is scheduled to receive its latest aircraft delivery of A330neos by end-2018. While waiting for the next aircraft delivery, AAX is in talks to take up to 10 A330ceos to support its capacity growth in 2018, of which three to four aircraft will be allocat-ed to Malaysia, four to fi ve aircraft

to its Th ai associate and two aircraft to its Indonesian associate.

In addition, AAX may also con-vert some of its fl eet order book of A330neos, each of which has 377 seats, to A321neos, each of which has 236 seats, as it plans to go to thinner routes to boost its aircraft utilisation.

Th e group is expected to fur-ther drive its revenue by boosting its ancillary income, and contin-uously focus on cost reduction through high aircraft utilisation rate, fuel-effi cient aircraft and cen-tralised cost.

Currently, the average fuel price for 2017 was 77% hedged at US$60 (RM253.20) per barrel, while in the fi rst half of 2018, it was 14% to 16% hedged at US$62 per barrel. Current Singapore jet fuel price is standing at US$65.57 per barrel. — PublicInvest Research, Oct 11

internally generated funds. Impact on the balance sheet from the ac-quisition is expected to be minimal. We estimate net gearing of Sunway to be lifted marginally to 0.35 times from 0.32 times as at end-June 2017.

Meanwhile, earnings impact from the acquisition is expected to be minimal, hence we maintain our earnings estimate for FY17 to FY18 forecast.

Maintain “neutral” on Sunway due to its neutral sales outlook, with a revised TP of RM1.83. Our TP has been revised from RM1.81 to RM1.83 after factoring in the higher stake in Sunway South Quay. We also update our valuation on Sunway Real Estate Investment Trust (Sunway REIT) to refl ect the latest TP for Sunway REIT. Our TP is based on sum-of-parts valuation. — MIDF Research, Oct 11

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1 6 B R O K E R S’ C A L L THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

AWC’s order book remains healthyAWC Bhd(Oct 11, 99.5 sen)Maintain add with an unchanged target price (TP) of RM1.20: AWC Bhd announced that its whol-ly-owned subsidiary Ambang Wira Sdn Bhd and the Malaysian gov-ernment had entered into a mutual termination agreement (MTA) to terminate a RM130 million contract award. Th e reason for the MTA was not specifi ed.

Th is contract, awarded to Am-bang Wira on June 9, 2016, was for the facilities management of Ter-minal Bersepadu Selatan (TBS) in Bandar Tasik Selatan, Kuala Lum-pur over a fi ve-year period, from Sept 1, 2016 to Aug 31, 2021.

Under the MTA, any payments made to date will be deemed as the full and final settlement of payment for all works performed. However, AWC has not received any payment as no work had been conducted since the contract was awarded.

This did not come entirely as a surprise to us given that AWC on Aug 26, 2016 announced the deferment of the project’s com-mencement. We gather that this deferment was due to issues with TBS’ previous contractor.

Recently, AWC was awarded four contracts with a total value of RM131.4 million. All four con-tracts are for facilities management works, similar to the rescinded con-tract for TBS. We previously did not account for these contract wins in our estimates to provide a buff er for any potential deferments or cancellations.

Given that the value of the four

contracts is suffi cient to off set the loss of the TBS contract mentioned above, there are minimal changes to our order book assumptions. Hence, there is no material impact on our earnings estimates.

As at July 1, 2017, AWC’s total outstanding order book stood at almost RM1.1 billion, with RM537 million up to the end of its 2019 fi -nancial year ending June 30, 2019.

Concessions, which are mainly long-term contracts ranging from three to 10 years, account for the bulk of the total outstanding order book at RM600 million to RM700 million, while projects from the engineering and environment di-visions make up the remainder.

We maintain our “add” call and sum-of-parts-based TP of RM1.20. Potential rerating catalysts are

more contracts wins, especially by its STREAM automated waste collection system and plumbing divisions, which generate higher margins than facilities manage-ment works.

Downside risks to our call are contract execution delays and weaker-than-expected order book replenishment. — CIMB Research, Oct 11

Bumi Armada Bhd(Oct 11, 71.5 sen)Maintain hold with unchanged forecasts and a fair value of 79 sen per share based on a 20% discount to our sum-of-parts valuation of 99 sen per share: We met up with Bumi Armada Bhd management recently and came away with these salient fi ndings:

i) It strongly refutes any need to resort to a rights issue for major project fi nancing as the group still has an untapped US$1.5 billion (RM6.3 billion) multi-currency euro medium term note programme proposed back in 2013.

ii) Even if Bumi Armada secures a major project, the group will have a strategic partner to share the risk and the capital requirements, while exploring ways to recycle the exist-ing debt for its completed projects by negotiating for a lower equi-ty-to-debt ratio arrangement.

iii) If a short-term cash need arises, the group can issue a private placement as a 10% stake could translate into RM420 million.

iv) Even though the existing shorter-term debt covenants lim-it net debt/adjusted earnings before interest, taxes, depreciation and amortisation — based on fl oating production, storage and offl oading vessel (FPSO) operating lease — to 5.2 times versus 4.7 times currently and 4.5 times as at end-fi nancial year 2018 forecast (FY18F), we es-timate the group would be able to take on additional debt of RM1.5 billion for the holding company

Bumi Armada does not needrights issue for project fi nancing

in fi nancial year ending Dec 31, 2018 (FY18F).

v) We estimate that this is suf-fi cient to take on two large FPSOs with capital expenditure of US$1 billion each, assuming a 50% equity stake by the group. However, man-agement indicates that the group will only opt for one large project at a time, given the extensive strain experienced by the group with four ongoing projects last year.

vi) The group has teamed up with India’s Shapoorji Pallonji to bid for an FPSO, potentially cost-ing over US$1 billion, for Oil and Natural Gas Corp’s (ONGC) KG-DWN-98/2 deepwater develop-ment, off India’s east coast, and also Hess’ Tano-Cape Th ree Points, off Ghana, which recently won a

territorial dispute with the Ivory Coast, as mediated by the Inter-national Tribunal for the Law of the Sea. Th e group is also looking at similarly large FPSO prospects for Petrobras’ Buzios V, which has a daily capacity of 180,000 barrels and 6mmsfd of gas and Eni’s deep-water ZabaZaba-Etan project in OPL 245, off Nigeria.

vii) Th e group’s 50%-owned Ma-dura FPSO has already been fully accepted by Husky-CNOOC Madu-ra in July this year, while manage-ment expects full acceptance of the FPSOs Olombendo and Kraken by fourth quarter ending Dec 31, 2017 (4QFY17). Olombendo’s charter rates are currently 80% of its enti-tlement currently with a largely sat-isfi ed client, while Kraken is only at 60% to 70% as daily oil production is only 20,000 barrels currently with a target to reach 30,000 barrels by year end and 50,000 barrels in 2018.

While the group’s earnings from 2QFY17 onwards could potential-ly improve from the full recogni-tion of the FPSOs Olombendo and Kraken, we remain cautious about the company’s near-term earnings trajectory given the uncertainties arising from Kraken’s lower char-ter payments amid loss-inducing weak off shore support vessel char-ter rates.

The stock currently trades at a fair FY17F price-earnings ratio of 14 times versus the sector’s 20 times due to lingering risks on the second half of fi nancial year 2017 earnings recov-ery. — AmInvestment Bank, Oct 11

Bumi Armada expects full acceptance of FPSOs Olombendo (pic) and Kraken by 4QFY17.

Malaysia Airports Holdings Bhd(Oct 11, RM8.35)Maintain market perform with an unchanged target price (TP) of RM8.38: Malaysia Airports Holdings Bhd (MAHB), in the fi rst nine months of 2017 (9M17), registered passenger growth (including Istanbul Sabiha Gokcen International Airport [ISG] airport) of 8.6% year-on-year (y-o-y) year to date (YTD), which is in line with our total MAHB growth forecast of 9.2% (+10% for Malaysian opera-tions, +7% for Turkey operations).

For September, MAHB’s passen-ger traffi c in Malaysia increased 3.6% y-o-y. International passengers were up 10.7% while domestic passengers contracted by 2.9% y-o-y. We be-lieve overall increase in international traffi c was due to visa relaxation for India and China, competitive fares and favourable exchange rate for foreign tourists. Domestic demand was weaker due to some fl ight can-cellations and possibly capacity cuts from Malaysia Airlines and other lo-cal carriers as they rationalised their capacity allocations.

In September, the Kuala Lumpur International Airport main terminal registered negative growth of 3.4% y-o-y with international passengers registering a positive growth of 6.4%, while domestic traffi c contracted 29.7%. International growth was supported by increased seat capac-ities by airlines and stronger travel demand while domestic contraction was due to reduction in capacity by Malaysia Airlines, Firefl y and Malin-do Air as explained above.

Meanwhile, klia2’s positive traffi c growth continued at 15% y-o-y (in-

ternational: 15.3%, domestic: 14.3%), which we believe is attributable to strong growth from AirAsia and AirA-sia X as they increase their capacity through higher utilisation of planes.ISG Airport’s passenger growth for September registered the seventh consecutive y-o-y growth in fi nan-cial year ending December 2017 (FY17) at a healthy +7.9% (interna-tional +9.5%, domestic +7%). We see encouraging growth registered for 9M17 in Turkey (+4% y-o-y YTD) given that it had previously regis-tered negative y-o-y growth since the negative streak of events which shook Turkey since early FY16.

We make no changes to our FY17 and FY18E (estimate) earnings fore-casts as our underlying assump-tions for FY17 passenger growth forecasts remain unchanged at 10% for Malaysia and 7% for Turkey.

We maintain our market perform call and TP of RM8.38, which is based on FY18E forward price-to-book value ratio of 1.74 times (+1.5 standard deviation [SD]). We be-lieve our applied +1.5SD is fair given the better earnings prospects from the new passenger services charges (PSC) structure implemented since the beginning of FY17 and the op-erating agreement extension given the better earnings prospects from the new PSC structure implement-ed since the beginning of FY17 and the operating agreement extension.

We believe rerating catalysts lie with:i) stronger-than-expect-ed recovery in Turkey; and ii) higher-than expected passenger growth in the Malaysia operations. — Kenanga Research, Oct 11

Better earnings prospects seen for MAHB

AWC Bhd sector comparisons

COMPANY RECOM. SHARE TARGET MARKET CORE P/E 3-YEAR P/BV RECURRING ROE EV/EBITDA DIVIDEND YIELD PRICE PRICE CAP (X) EPS CAGR (X) (%) (X) (%) (LOCAL (LOCAL (US$ M) CY17 CY18 (%) CY17 CY18 CY17 CY18 CY17 CY18 CY17 CY18 CURR) CURR)

Hartalega Holdings Hold 6.90 7.06 2,692 26.8 17.6 8.2 6.2 5.5 21.3 22.3 22.2 18.4 1.4 1.7Kossan Rubber Industries Add 6.92 7.55 1,046 22.1 17.4 1.7 3.8 3.5 20.7 21.1 13.7 11.1 2.0 2.9Supermax Corp Hold 1.78 1.74 279 15.1 12.3 2.9 1.1 1.0 7.3 8.5 9.7 8.8 2.0 2.4Top Glove Corp Hold 5.65 5.75 1,674 21.0 18.7 0.5 3.5 3.2 17.5 17.7 13.8 12.3 2.4 2.7Karex Bhd Hold 1.58 1.40 374 41.1 31.5 3.7 3.0 2.8 7.6 9.3 26.5 20.3 0.6 0.8Riverstone Holdings Add 1.04 1.20 562 17.8 14.7 2.2 3.7 3.2 21.9 23.4 12.1 9.8 2.2 2.7AWC Bhd Add 1.03 1.20 64 13.6 12.0 18.7 1.9 1.7 20.7 21.1 5.6 5.7 2.2 2.7Daibochi Plastic & Packaging Reduce 2.18 1.48 169 27.3 20.6 10.3 3.7 3.3 13.7 17.0 11.7 8.8 2.1 2.9Wellcall Holdings Hold 1.31 2.23 154 11.2 8.9 2.1 4.0 3.4 37.7 41.6 7.2 5.7 5.4 5.4Thong Guan Industries Add 4.37 5.72 137 12.5 11.6 18.4 1.1 1.0 14.5 16.9 6.7 4.8 3.6 4.7Tomypak Holdings Reduce 0.95 0.75 94 16.5 12.4 0.8 2.6 2.3 16.1 19.9 8.9 6.6 2.2 2.2Oceancash Pacific Bhd Add 0.68 0.88 36 12.6 10.6 13.0 1.8 1.6 14.8 15.6 8.7 7.2 1.2 1.3Weighted average 23.5 17.7 4.7 4.4 3.9 19.1 20.0 16.8 13.9 1.9 2.3Sources: CIMB, Company reports

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H O M E 1 7THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY

One dead, two in critical condition after MRT site blast

‘Kim Jong-nam had US$100,000 in backpack’Money is now kept in a safe in Sepang police chief’s offi ce

BY A N N E T T E A P PA D U R AY

KUALA LUMPUR: North Korean leader Kim Jong-un’s half-brother was carrying US$100,000 in cash in his backpack at the time of his murder, the police officer inves-tigating the case told a Malaysian court yesterday.

Indonesian Siti Aisyah, 25, and Vietnamese Doan Th i Huong, 28, are charged with murdering Kim Jong-nam by smearing his face with VX, a chemical poison banned by the UN, at the Kuala Lumpur Inter-national Airport on Feb 13.

Th e money is now stored in a safe in the offi ce of the police chief of the Sepang district, which has jurisdiction over the murder site, police offi cial Wan Azirul Nizam Che Wan Aziz said.

Wan Azirul said he took posses-sion of the victim’s blazer, backpack

and watch, and handed them to the chemistry department for analysis, but was later told by investigation authorities to hand them over to the North Korean embassy’s rep-resentatives. “I do not know why; I was following orders,” he added.

In court, the prosecution played more than 30 videos of closed-circuit television footage of the women’s activities, after Judge Azmi Ariffi n overruled the defence’s objections to their admissibility, saying it could be challenged later in the case.

Th e defence lawyers for Huong and Siti Aisyah said the videos could be considered as hearsay, as the investigating offi cer did not record them himself and was not present to witness the crime.

Some of the footage, dated Feb 11, appeared to show Huong ap-

proaching an unidentified man from behind and placing her hands around his neck and face, before backing away slowly with her head slightly lowered and her hands put together.

Most of the videos, however, appeared to show Huong and Siti Aisyah before, during and after the attack on Jong-nam. Th e two women were mostly seen in sep-arate locations, except during the attack and when they were at a taxi stand later.

The two women were in the same area at the time of the at-tack, Wan Azirul, attached to the Sepang criminal investigations department, had confi rmed. Th e hearing resumes today, with Wan Azirul returning to the witness stand. — Reuters

KUALA LUMPUR: A Bangladeshi worker died on Tuesday evening and another two workers were in critical condition yesterday fol-lowing an explosion at the Ban-dar Malaysia South mass rail transit (MRT) construction site,

MMC-Gamuda KVMRT (T) Sdn Bhd said.

Bandar Malaysia South is one of 11 underground stations on the Sungai Buloh-Serdang-Putrajaya line. MMC-Gamuda is the under-ground work package contractor for the project.

“We regret to note that of the

three injured, one succumbed to the injuries and passed away last night. Two others are [in] critical [condition]. Th e cause of the inci-dent will be made known when the investigation is fully completed,” MMC-Gamuda said in a statement yesterday.

MMC-Gamuda had confi rmed

in an earlier statement that the incident at around 5pm on Tues-day had seriously injured the three general workers at the Bandar Ma-laysia South MRT site.

Bernama reported that police had confi rmed the explosion at the MRT station construction site in Bandar Malaysia was from a bomb

from the Second World War.Kuala Lumpur police chief Datuk

Amar Singh Ishar Singh confi rmed the matter when contacted on Tues-day. “From initial investigations, an old bomb from the Second World War suddenly exploded when con-struction works were being carried out,” he said.

DEEPAVALI SPLENDOUR ... A troupe of dancers circling the ‘kolam’ or decorative pattern in a performance at the Pavilion Kuala Lumpur concourse after the lighting ceremony of the shopping centre’s ‘Flavours of Deepavali’ celebration yesterday. Photo by Bernama

PUTRAJAYA: The government has failed in its bid to over-turn an appellate court’s de-cision to strike out an ille-gal assembly charge against Bersih 2.0 chairman Maria Chin Abdullah.

The Federal Court said yes-terday it does not have the jurisdiction to hear the pros-ecution’s appeal against an appellate court’s decision to strike out the Peaceful As-sembly Act 2012 (PAA) charge against Maria.

A five-man panel com-prising Chief Judge of Sabah and Sarawak Tan Sri Richard Malanjum and Federal Court judges Tan Sri Zainun Ali, Tan Sri Ramly Ali, Tan Sri Zaha-rah Ibrahim and Datuk Aliza-tul Khair Osman Khairuddin dismissed the prosecution’s appeal.

“The matter started at the Sessions Court and should end at the Court of Appeal,” said Justice Malanjum, who chaired the panel.

Following this decision, Maria, 61, is free and will not face trial on the charge under Section 9 (5) of the PAA.

Maria was charged at the Sessions Court in Kuala Lum-pur on Oct 1, 2015, for failing to give notice to the Brick-fields district police, 10 days in advance before organis-ing the Bersih 4 rally in front of the NU Sentral shopping complex in Jalan Tun Sam-banthan, Brickfields, on Aug 29, 2015.

She then applied to the High Court for the charge to be struck out but it was dis-missed on April 18 last year.

The Court of Appeal, on Sept 7 last year, reversed the High Court decision and struck out the charge.

The Court of Appeal’s three-man bench had ruled that the provision on which Maria’s charge was prem-ised upon, was not a valid law at the time when she was charged, as the Court of Ap-peal had declared the PAA provision requiring 10-day notice to be unconstitutional in PKR’s Nik Nazmi Nik Ah-mad’s case.

Outside court, Maria wel-comed the decision and felt that one case was over. — Bernama

KUALA LUMPUR: Th e police have disallowed the opposition rally planned for Saturday at Padang Timur, Petaling Jaya, citing security reasons.

Inspector-General of Police (IGP) Tan Sri Mohamad Fuzi Harun said the police had re-ceived four reports from local residents who objected to the rally in the area and thus would not support the application.

“Firstly, it will be inconven-ient for the local residents. I was told about 20,000 people would be present while Padang Timur can only accommodate not more than 10,000 people.

“Imagine the small area packed with so many people and the bad traffi c congestion since it is near the Federal High-way,” he told a news conference at the Police Training Centre (Pulapol) here yesterday.

Mohamad Fuzi suggested the rally be moved to Kelana Jaya Stadium, located 10km from Padang Timur, because the stadium’s surroundings are better planned and will allow crowd control by the police.

“It is up to them (organisers) whether to accept our sugges-tion or not. We have laws and the Peaceful Assembly Act. An-ything can happen during ral-lies and the PDRM (Royal Ma-laysia Police) will be blamed if anything bad happens,” he was reported as saying by Bernama.

In a press statement, Bersih 2.0 said it is disappointed with Mohamad Fuzi’s response to the application by Pakatan Harapan.

Th e coalition said the police did not have the authority to decide on the venue nor have the fi nal say as to whether it will proceed or otherwise. Th eir role is to facilitate and protect the right to peaceful assembly and not to criminalise it, the statement said.

Bersih 2.0 also noted the Federal Court’s decision yes-terday to strike out the attor-ney-general’s bid to overturn the Court of Appeal’s decision in favour of its chairman Maria Chin Abdullah on the Bersih 4 rally ought to send a positive signal to the authorities on the right to peaceful assembly.

Th e coalition urges the IGP to allow the rally on Saturday to go ahead and assist in facil-itating the gathering.

Federal Court declines to hear appeal against Maria’s acquittal

Police disallow opposition rally at Padang Timur

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C O M M E N T 1 9THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY

Trump’s madman theory is crazySpat with Bob Corker exposed four fatal fl aws in the president’s North Korea strategy

DESPITE low world prices for the commodities on which they tend to depend, many of the world’s poorest economies have been do-ing well. Sub-Saharan Africa’s eco-nomic growth has slowed precipi-tously since 2015, but this refl ects specific problems in three of its largest economies (Nigeria, Angola, and South Africa). Ethiopia, Côte d’Ivoire, Tanzania, Senegal, Burkina Faso, and Rwanda are all projected to achieve growth of 6% or higher this year. In Asia, the same is true of India, Myanmar, Bangladesh, Lao PDR, Cambodia, and Vietnam.

Th is is all good news, but it is also puzzling. Developing economies that manage to grow rapidly on a sustained basis without relying on natural-re-source booms — as most of these countries have for a decade or more — typically do so through export-orient-ed industrialisation. But few of these countries are experiencing much in-dustrialisation. Th e share of manufac-turing in low-income Sub-Saharan

Can there really be growth without industrialisation?countries is broadly stagnant — and in some cases declining. And despite much talk about “Make in India,” one of Prime Minister Narendra Modi’s catchphrases, the country shows little indication of rapid industrialisation.

Manufacturing became a pow-erful escalator of economic devel-opment for low-income countries for three reasons. First, it was rel-atively easy to absorb technology from abroad and generate high-pro-ductivity jobs.

Second, manufacturing jobs did not require much skill: farmers could be turned into production workers in factories with little in-vestment in additional training.

And, third, manufacturing de-mand was not constrained by low domestic incomes: production could expand virtually without limit, through exports.

But things have been chang-ing. It is now well documented that manufacturing has become increasingly skill-intensive in re-cent decades.

Along with globalisation, this has made it very diffi cult for new-comers to break into world markets for manufacturing in a big way and

replicate the experience of Asia’s manufacturing superstars.

Except for a handful of export-ers, developing economies have been experiencing premature de-industrialisation. It seems as if the escalator has been taken away from the lagging countries.

What, then, are we to make of the recent boom in some of the world’s poorest countries? Have these countries discovered a new growth model?

In recent research, Xinshen Diao of the International Food Policy Research Institute, Margaret Mc-Millan of Tufts University, and I have looked at the growth patterns among this new crop of high-per-forming countries.

Our focus is on the patterns of structural change these countries have experienced. We document a couple of paradoxical fi ndings.

First, growth-promoting struc-tural change has been signifi cant in the recent experience of low-in-come countries such as Ethiopia, Malawi, Senegal, and Tanzania, despite the absence of industrial-isation. Labour has been moving from low-productivity agricultur-

al activities to higher-productivity activities, but the latter are mostly services rather than manufacturing.

Second, even though the services that absorbed new employment ex-hibited relatively high productivity early on, their edge diminished as they expanded.

Th e diff erence seems to be ex-plained by the fact that the expan-sion of urban, modern sectors in re-cent high-growth episodes is driven by domestic demand rather than export-oriented industrialisation.

In particular, the African mod-el appears to be underpinned by positive aggregate demand shocks generated either by transfers from abroad or by productivity growth in agriculture.

Our research suggests that agri-culture has played a key role in Afri-ca not only on its own account, but also as a driver of growth-increasing structural change. Diversifi cation into non-traditional products and adoption of new production tech-niques can transform agriculture into a quasi-modern activity.

But there are limits to how far this process can carry the economy. In part because of low income elasticity

of demand for agricultural products, outfl ows of labour from agriculture are an inevitable outcome during the process of development. Th e labour that is released must be absorbed in modern activities. And if productivity is not growing in these modern sec-tors, economy-wide growth ultimate-ly will stall. Th e contribution that the structural-change component can make is necessarily self-limiting if the modern sector does not experience rapid productivity growth on its own.

Low-income African countries can sustain moderate rates of productivi-ty growth into the future, on the back of steady improvements in human capital and governance. Continued convergence with rich-country in-come levels seems achievable. But the evidence suggests that the growth rates brought about recently by rap-id structural change are exceptional and may not last. — Project Syndicate

Dani Rodrik, professor of interna-tional political economy at Har-vard University’s John F Kennedy School of Government, is the author of Economics Rules: The Rights and Wrongs of the Dismal Science.

BY D A N I R O D R I K

BY H A L B R A N D S

Even in the Donald Trump era, it is not every day you see the chairman of the Senate Foreign Re-lations Committee pub-licly accuse a president

from his own party of being a mental infant and leading the country down “the path to World War III.” The spat between Trump and Senator Bob Corker has thus generated head-lines for the window it has opened onto an astonishing rift between the president and one of the most powerful Republicans in Congress.

Yet the episode may be even more revealing for what it says about the nature of Trump’s strategy for dealing with the world’s most diffi cult geo-political challenges — and why that approach may prove far more dan-gerous than the president realises.

Many of Trump’s core views on foreign policy have remained fairly stable since he emerged as a national fi gure in the 1980s, and among these is the belief that American leaders need to be crazy like foxes if they are to succeed in a cutthroat world.

Today, this belief underpins Trump’s approach to international aff airs. Th e president has publicly threatened to withdraw from the North American Free Trade Act, the US-South Korea free trade pact, and the Iran nuclear deal — all in hopes of gaining leverage over the counter-parties in these agreements.

Most notably, Trump has re-peatedly threatened military ac-tion against North Korea — prom-ising to “totally destroy” the country with “fi re and fury like the world has never seen” and arguing that Kim Jong-un understands only the language of force.

As Trump has reportedly told his advisers, he wants the image of be-ing “so crazy” that he might do the unthinkable.

Trump has probably never heard of Th omas Schelling. But Schelling, an economics Nobelist and seminal nuclear strategist, would surely un-derstand the game Trump is playing today. As he famously wrote in the 1960s, international crises are essen-tially “competitions in risk-taking,” with the advantage going to the side that appears willing to run greater risks on behalf of its interests.

A rational statesman might there-fore deliberately behave erratically, taking actions that threaten to get out of hand — “boat-rocking,” as Schelling put it — to gain a negoti-ating advantage. In the late 1960s, Richard Nixon embraced Schell-ing’s insights by using his “madman strategy,” which included seemingly irrational actions, such as an alert of US strategic nuclear forces, meant to convince the Soviet Union and Vi-etnam that drastic measures might ensue if they did not accept Ameri-can terms in Southeast Asia.

Trump is now doing something similar vis-à-vis North Korea. In some ways, this approach is un-derstandable. It is not as though soft-er-edged policies have done much

good in slowing North Korea’s nu-clear programme. Perhaps Trump is right that the North Koreans — along with China, which represents Pyongyang’s lifeline to the world — will only change policies if they believe that the alternative is a war that would be catastrophic for their own interests.

The trouble, though, is that Trump’s version of “boat-rocking” is not likely to end well, and here is where Corker’s comments are relevant.

Th e senator’s critique boils down to the idea that Trump is issuing threats he cannot carry out at an ac-ceptable price, and that his approach is thus more likely to cause the US — and the world — grief than it is to resolve the undeniably diffi cult North Korean problem.

All of these charges are, unfortu-nately, accurate — and they illustrate four crucial perils in the president’s statecraft.

Th e fi rst is simply that rocking the boat only works if the escalatory threat is actually credible — and the threats that Trump is making against North Korea are not, because they represent the geopolitical equiva-lent of biting off one’s nose to spite one’s face. Th e US could, of course, destroy North Korea and its military capabilities, but doing so carries an unacceptable risk of touching off a war that could devastate the Kore-an peninsula and kill thousands of American soldiers in South Korea.

Th is is why every US president who has considered preventive war against North Korea has ulti-mately held back, and it is probably why Pyongyang has mostly ignored Trump’s threats so far.

Second, rocking the boat requires a leader to be more calculating and disciplined than he appears, and Trump possesses neither of these qualities. Boat-rocking is an exer-cise in coercive diplomacy. It entails carefully calibrating and blending threats on the one hand with nego-tiations on the other. But Trump, as Corker rightly noted, is the opposite of calculating and disciplined.

Indeed, he has repeatedly dis-rupted his administration’s own gambits on North Korea by issuing hollow threats, muddling US mes-sages, publicly contradicting his sub-ordinates, and even — remarkably — haranguing South Korea on trade and other issues. Th ese actions may

in fact confuse North Korea, just as they are confusing many global observers. But they hardly inspire confidence that Trump can per-form the diplomatic high-wire act his strategy demands.

Th ird, Trump does not seem to understand that superpowers pay a high price when they bluff and that bluff is exposed. Th e international system rests on the credibility of US commitments and the sanctity of American red lines, because these promises are what reassure allies and deter adversaries. Th is is the reason most presidents are reluctant to em-brace a boat-rocking strategy — they understand that issuing threats that cannot be fulfi lled risks depleting the credibility on which US policy relies.

Th ese issues, in turn, point to a fourth and fi nal danger of Trump’s strategy, which is what Corker seems to have been getting at in warning of “World War III.” Th e problem with a president making infl ammatory threats that he does not actually wish to carry out is that it may ultimately lead the US into a deadly trap — one in which it must choose between escalation and the humiliating ac-knowledgment that Trump has sim-ply been blowing hot air. Th e latter option would be deeply damaging for a superpower whose credibility is its currency in global aff airs; the for-mer risks consequences that would be far more appalling still.

One hopes that Trump is start-ing to understand the danger in the approach he is taking; one fears that Corker is correct in warning that he does not. — Bloomberg

One hopes that Trump is starting to understand the danger in the approach he is taking; one fears that Corker (pic) is correct in warning that he does not. Photo by AFP

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2 0 W O R L D B U S I N E S S THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

P&G claims narrow win in proxy challengeNEW YORK: Procter & Gamble (P&G) claimed victory on Tues-day in a closely watched board-room battle over the future of the consumer products giant following an investor vote, but its activist fund rival refused to concede defeat. P&G chief exec-utive David Taylor announced at the annual meeting that prelimi-nary results showed the compa-ny’s entire slate of candidates to the board of directors had been elected, meaning that share-holders rejected Nelson Peltz, head of Trian Fund Manage-ment. Th e outcome is “consid-ered preliminary until fi nal re-sults are tabulated and certifi ed by the independent Inspector of Elections”, P&G said. — AFP

Emirates says open to cooperation with EtihadSINGAPORE: Dubai-based air-line Emirates is open to cooper-ation with rival Etihad Airways on areas including procure-ment, its president Tim Clark said, adding a full merger be-tween the pair was unlikely but up to the owners. Both airlines are based in the United Arab Emirates but over the last dec-ade they have been competing fi ercely to build global networks based around their respective hubs in Dubai and Abu Dha-bi. “I think there is value to be had working more closely with them,” Clark said by phone yes-terday, adding that there might be concerns from regulators in some foreign markets. — Reuters

‘700,000 UK consumers aff ected by Equifax breach’WASHINGTON: Nearly 700,000 British consumers may have had personal data compro-mised in the massive breach at Equifax, the US credit report-ing agency said on Tuesday. “Although our UK business was not breached, the attack regret-tably compromised the per-sonal information of a range of UK consumers,” the company said in an emailed statement. Equifax, which last month an-nounced one of the most po-tentially damaging data breach-es aff ecting some 145 million Americans, said the attackers also accessed a fi le containing 15.2 million records on 693,665 British nationals. — AFP

Toshiba removed from Tokyo bourse’s watchlistTOKYO: Th e Tokyo Stock Ex-change said it removed Toshiba Corp from its watchlist for delis-ting after seeing better internal controls and eff orts to improve corporate governance. Toshi-ba has made progress with its bookkeeping since an account-ing scandal in 2015 and the dis-closure of multibillion-dollar losses in its nuclear business in December, the exchange said in a statement yesterday. Th e company still has negative shareholders equity and could be delisted if it is not able to meet listing requirements, the exchange said. — Bloomberg

I N BR I E FAlibaba launches R&D driveIt is investing US$15b to set up research hubs in China, overseas to compete globally

BY C AT E C A D E L L

BEIJING: China’s top e-com-merce firm, Alibaba Group Hold-ing Ltd, is launching a US$15 billion (RM63.3 billion) drive to build overseas research and de-velopment (R&D) hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud technology.

The Alibaba Damo — short for discovery, adventure, momen-tum and outlook — Academy will launch eight research bases in China, Israel, the US, Russia and Singapore, and is hiring 100 re-searchers to work on artificial intelligence (AI), quantum com-puting and fintech, the company said in a statement yesterday.

“The Alibaba Damo Academy will be at the forefront of devel-oping next-generation technol-ogy that will spur the growth of Alibaba and our partners,” chief

HONG KONG: Hong Kong’s securi-ties regulator is probing “substand-ard work” by 15 fi rms in their roles as sponsors for initial public off er-ings (IPOs) in the Asian fi nancial hub, a senior offi cial said yesterday.

The investigations are part of the Securities and Futures Com-mission’s (SFC) eff orts to stamp out corporate fraud, enforcement head Thomas Atkinson told the Th omson Reuters Pan-Asian Reg-ulatory Summit.

Th e SFC recently made its larg-est-ever search and is investigating 136 “active fraud cases”, of which 28 are “particularly serious”, he added.

Cases of alleged market manipula-tion and corporate fraud risk tarnish-ing Hong Kong’s reputation as a glob-al fi nancial centre. Atkinson admitted the city has problems, but maintained that Hong Kong remains “one of the safest markets in the world”.

technology officer Jeff Zhang said.The Chinese giant and its af-

filiates have undergone a rapid expansion in the past year, bring-ing it into direct competition with US e-retailer Amazon.com Inc, as well as global payments, cloud and logitics firms.

Since last year Alibaba has in-vested roughly US$2 billion to acquire a majority stake in Singa-pore-based retailer Lazada.com, creating a network of e-commerce hubs across Southeast Asia in partnership with payment affiliate Ant Financial. It has also pursued a US$1.2 billion bid for US money transfer service MoneyGram, in a pending deal that has come under scrutiny from critics who say it poses a national security threat.

Along with an existing data science research lab in California, Alibaba has opened new data cen-tres in Europe, the US, the Middle East, Australia, Japan, India and Indonesia since 2016, in a bid to

HK regulator probing 15 fi rms for IPO sponsorship rolesBY E L Z I O B A R R E TO The sloppy work from the 15

unnamed sponsors, as investment banks and securities fi rms that un-derwrite listings are called, caused billions of dollars in investment losses, he said. Th e shortcomings included basic issues such as not verifying customers or revenue data for listing candidates, he said, adding that some of the behaviour could be considered “reckless”.

“Quite a number of these serious cases involve gross overstatement of revenue and circular fi nancing, many facilitated by related parties and false customers,” Atkinson said. “Of course, one of the risk man-agement tools that’s essential for preventing this kind of fraud is our IPO sponsorship regime.”

In October 2013, the SFC intro-duced a strict new regime to hold sponsors of IPOs to higher standards and said it would hold banks liable if listing prospectuses were found to have misled investors. — Reuters

boost its cloud business. The in-vestment also comes as Beijing prioritises state funding in quan-tum computing, AI and big data, urging provincial governments, universities, the military and pri-vate firms to play a bigger role in developing advanced technology

in areas where China trails devel-oped countries.

Alibaba currently has 25,000 engineers on staff, it says, and says the new research infrastruc-ture will help them meet a goal of two billion customers within two decades. — Reuters

LONDON: Painkillers and pile cream: These are either the recipe for a terrible night in, or a potentially good corpo-rate deal. Pfizer, the US$215 billion (RM907.3 billion) US drug maker, has tasked invest-ment banks with looking into a spin-off or sale of its consumer goods division, which makes Advil and Preparation H. New GlaxoSmithKline boss Emma Walmsley would be well placed to offer a home.

Over-the-counter products are a tiny sideline for Pfizer, ac-counting for just 6.4% of its rev-enue last year. Pfizer chief exec-utive Ian Read therefore loses little from putting the business on the block. While these goods might share manufacturing and shipping processes with prescription medicines, the unique nature of cooking up, testing and distributing drugs to patients suggests there is not much reason to keep them together. Germany’s Merck is considering a similar split.

Of course, some are less dis-missive — including Walmsley. She took over as chief executive officer in April, having run the consumer goods joint venture Glaxo co-owns with Switzer-land’s Novartis. Walmsley has pledged to focus on Glaxo’s drugs, like its HIV and asthma meds, rather than her old di-vision, which makes just 15% of group operating profit. But as she will know, consumer

Pfi zer and Glaxo may fi nd romance over the counter

SHANGHAI/BEIJING: German lux-ury automaker BMW is looking to form a joint venture (JV) with Great Wall Motor, a source familiar with the matter said, sending shares in the Chinese automaker up by nearly a fi fth yesterday.

Th e automakers are consider-ing the possibility of opening an assembly plant in the eastern Chi-nese city of Changshu, a BMW ex-

‘BMW eyes China JV with Great Wall’BY A D A M J O U R D A N

& N O R I H I KO S H I R O UZ U

ecutive said, while declining to say what type of vehicles would be put together there.

“We are in discussions with Great Wall about setting up a JV to produce cars in Changshu,” said the executive, who was not author-ised to speak on the matter and declined to be identifi ed. “I don’t know how far along we have gone nailing this deal,” or whether the two companies have offi cial cen-tral government approval for the venture, the person said. — Reuters

goods are a game of scale — something rivals like Sanofi, Reckitt Benckiser and Johnson & Johnson also covet.

A neat solution would be to fold Pfizer’s consumer business into the Glaxo-Novartis joint venture. Valued at 15 times op-erating profit — roughly the 10-year average for the consumer staples sector — the business could be worth US$10 billion. That assumes Pfizer’s consumer operating margin is roughly the same 20% that Glaxo is target-ing. Since Glaxo now values its venture with Novartis at US$27 billion, Pfizer could argue for a stake somewhere south of 30%. One day, the enlarged company might make for a more lucra-tive spin-off or sale than Pfizer could muster today.

Timing matters. Read says he will make a decision some time in 2018. Ideally, Glaxo would buy Novartis out before doing any other deals, since it would otherwise have to pay the Swiss for their share of any synergies that came from add-ing Pfizer. Besides, Walmsley has only been in the job for six months. Nonetheless, she could do worse than toss an offer over Pfizer’s counter. — Reuters

BY J O H N FO L E Y & N E I L U N M A C K A neat solution would be to fold Pfi zer’s

consumer business into the Glaxo-

Novartis joint venture.

The Alibaba Damo Academy will be at the forefront of developing next-generation technology that will spur the growth of Alibaba and its partners, says Zhang. Photo by Reuters

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W O R L D 2 1THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY

US sacks two top navy commanders TOKYO: Th e US navy yesterday sacked two top commanders from a warship that was involved in a deadly collision with a tank-er off Singapore, citing a “loss of confi dence” in the offi cers. On Aug 21, the guided-missile destroyer USS John S McCain smashed into a tanker as the warship headed to Singapore. Th e collision killed 10 sailors and injured fi ve others. Th at incident came after another destroyer, the USS Fitzgerald, collided with a Philippine-fl agged cargo ship off Japan in June, leaving seven sailors dead. Commanding of-fi cer Alfredo J Sanchez and ex-ecutive offi cer Jessie L Sanchez of the USS John S McCain “were relieved of their duties” yester-day, the Pacifi c-based US Sev-enth Fleet said. — Reuters

Hollywood mogul Wein-stein accused of rapeLOS ANGELES: Disgraced Hol-lywood producer Harvey Wein-stein faced claims on Tuesday he raped an Italian fi lm star and two other women, in a widening scandal that has drawn con-demnation from across the fi lm industry as well as America’s lib-eral political elite. Th e women’s allegations against the 65-year-old movie mogul were made in a bombshell expose published by the New Yorker on Tuesday. Weinstein denies all charges, according to a statement from his spokeswoman Sallie Hof-meister. Th e investigation was published as fresh misconduct allegations emerged from Hol-lywood A-listers such as Angeli-na Jolie, Rosanna Arquette and Gwyneth Paltrow. — AFP

Unsent text message passes for will in AustraliaSYDNEY: A dead man’s unsent text message leaving his home and pension to his brother rath-er than his wife and son and signed off with a smiley face emoji has been ruled a legiti-mate will by an Australian court. Th e draft message, addressed to the man’s brother, was found on his phone after he took his own life in October 2016, aged 55. “Th e informal nature of the text does not exclude it from being suffi cient to represent the deceased’s testamentary inten-tions,” said Justice Susan Brown when handing down her deci-sion at the Brisbane Supreme Court. — AFP

Tokyo residents win US military base noise caseTOKYO: Some 1,000 Tokyo residents won compensation yesterday over aircraft noise coming from a nearby US mil-itary base, but they lost a bid to halt fl ights at odd hours. To-kyo District Court ordered the Japanese government to pay residents some ¥610 million (RM22.95 million) in total. But it rejected their call to block fl ights between 7pm and 7am at the Yokota Air Base, which hosts some 4,000 US military personnel. — AFP

I N BR I E FSpain accuses Catalan leader of ‘trickery’It warns his actions would trigger economic and social unrest

HONG KONG: Hong Kongers have a duty to stand up for China over threats to its sov-ereignty, the territory’s lead-er Carrie Lam said yesterday, months after Beijing warned against any challenge to its control over the semi-auton-omous city.

This was the first policy address Lam made since she came to power earlier this year.

She began her speech with a reference to the Chinese president’s warning that any challenge to Beijing’s control over semi-autonomous Hong Kong crossed a “red line” when he visited the city to mark 20 years since the handover in July.

“President Xi Jinping said in all earnestness that the des-tiny of Hong Kong has always been intricately bound with the motherland,” said Lam af-ter her opening remarks.

“Everybody with a passion for Hong Kong has ... the ob-ligation to say ‘no’ to any at-tempt to threaten our coun-try’s sovereignty, security and development interests,” Lam said.

She added the city has “the duty to nurture our next gen-eration into citizens with a sense of national identity,” referring to proposals to im-bue the youth with a sense of Chinese patriotism.

Th e failure of the democ-racy movement to win con-cessions has led some young campaigners to call for self-de-termination or even full in-dependence for Hong Kong, which has infuriated Beijing and local authorities.

Dodging the heated issue of political reform, Lam turned to Hong Kong’s acute housing shortage and described solu-tions to it as fundamental for social harmony and stability.

She said “meeting the pub-lic’s housing needs is our top priority”, but added “the gov-ernment has no magic wands”.

Skyrocketing property pric-es have been fuelled by an in-fl ux of money from wealthy mainland Chinese investors and developers.

Lam introduced a plan to roll out subsidised homes for Hong Kong’s middle-class at a time when the city’s wealth gap was recorded at its highest point in nearly 50 years. — AFP

Lam: Hong Kongers must stand up for China

PARIS: Spain’s foreign minister yes-terday accused Catalan leader Carles Puigdemont of “trickery” after he suspended his declaration of inde-pendence, warning that his actions would trigger economic and social unrest.

Puigdemont’s dramatic address to the regional Catalan parliament in Barcelona on Tuesday “was frankly trickery, once more, their ruses in or-der to have things both ways,” Alfonso Dastis told French radio Europe 1.

“He’s doing what he’s always done, going down a path that will lead to situations we don’t want to see in Catalonia in terms of econom-ic and social clashes,” Dastis said.

“He says they won, presume they have the right to independence af-ter the result of this so-called ref-erendum [on Oct 1], then asks the [Catalan] parliament to suspend the eff ects of this declaration,” he said.

“It’s a shocking way to treat

their own parliament.”After Puigdemont suspended his

independence declaration, he called for dialogue with Spain’s govern-ment, which held crisis talks yes-terday.

Prime Minister Mariano Rajoy has taken a hard line, vowing to use everything in his power to prevent independence and refusing to rule out imposing direct rule over the semi-autonomous Catalan region, which borders France. — AFP

SEOUL: Th e US has fl own two su-personic heavy bombers over the Korean Peninsula in a show of force against Pyongyang, staging the fi rst night-time joint aviation exercises with Japan and South Korea.

Two B-1B Lancers based in Guam fl ew a mission in the vicinity of the Sea of Japan (East Sea) late on Tues-day, the US Pacifi c Air Forces said in a statement.

South Korean defence authorities yesterday said the bombers staged a simulated air-to-ground missile fi ring drill with two South Korean fi ghters over the Sea of Japan.

Th e four aircraft then fl ew across the peninsula and staged another round of a fi ring exercise over the Yellow Sea before the two B-IBs returned home, the South Korean Joint Chiefs of Staff said.

Th e exercises came as a US nucle-ar-powered fast-attack submarine, the USS Tuscon, made a call in South Korea’s southern port of Jinhae, the US Pacifi c Command said.

The bomber drill came as US President Donald Trump on Tues-day discussed “a range of options” with his national security team to respond to North Korea’s recent missile and nuclear tests. — AFP

SINGAPORE: Singapore’s reforms to its use of the death penalty are flawed, with some low-level drug offenders still being denied leni-ency and sent to the gallows, Am-nesty International said yesterday.

After years of criticism from rights groups, the city-state in 2013 eased the requirement for

mandatory death sentences in some drug trafficking and mur-der cases.

The changes gave judges dis-cretion to impose life imprison-ment instead of the death penalty in certain cases.

In a new report, Amnesty ac-knowledged the number of peo-

ple sent to the gallows had fallen but added that courts still impose death sentences when more leni-ency could be shown.

After the changes, judges can impose life imprisonment on drug couriers who give “substantive” cooperation to the authorities during investigations.

Amnesty said 17 death sen-tences were handed down over the past three years for murder and drugs offences and 10 con-victs were hanged.

There was no immediate re-sponse from the government to AFP queries on the Amnesty re-port. — AFP

US bombers overfl y Korean Peninsula in show of force

Singapore’s death penalty reform fl awed — Amnesty International

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THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

PersonalASSISTANTC O M P I L E D BY C L A R I EC E L EO N G

W O R K . L I F E . B A L A N C E

GET over the frustration of the “where to eat” struggle by heading over to the newly opened Divers Hideout Café. The café features a unique array of fusion cuisine, including smoked salm-on croissant and its signature lobster eggs benedict. Pleasing to the eyes as well as to the palate, the ambience and decor of the place evokes the beauty and mystique of the ocean, and the large shark mural on the exterior of the building is defi nitely one for the photos. Divers Hideout is open from 9am to midnight daily. Call (03) 2110 3353 or email [email protected] for booking or inquiries.

DON’T miss Mis-erable Man’s per-formance at Pis-co Bar. An Italian with a passion for the sounds of Ja-maica, Miserable Man started out performing pop-ular songs like Coldplay’s Fix You with a reggae twist, then later moved on to cre-ating his own songs. Patrons can expect a light-hearted, uplifting mood of a marriage between classic tunes, Jamaican ska and rocksteady — perhaps Miserable Man is not quite as miserable as his name suggests. The performance will start at 9.30pm tonight. Pisco bar is located at 29 Jalan Mesui, Bukit Bintang, Kuala Lumpur. Call (03) 2142 2900 or visit www.piscobarkl.com for more information.

READ the new sci-fi novel Sleep-ing Beauties, the product of the fi rst joint effort be-tween renowned author Stephen King and his son, Owen King. The novel fo llows Clint Norcross, a prison psychia-trist, and his wife Lila Norcross, as a worldwide pan-demic unfolds, causing all women to fall into a comatose state while enshrouded in a cocoon of strange, fi brous material. Amidst the chaos of riots in the capital and the fruitless struggle of the female population to stay awake, Clint comes to suspect that the new inmate, Evie Black, might be the one behind the scenes of this perplexing mystery. The book is available in hardback at www.kinokuniya.com for RM109.90.

Two paintings by art icons could fetch US$150 million (RM633 million) in a New York auction next month.

Christie’s has valued Christ as Salvator Mundi, a

small painting by Leonardo Da Vinci, at about US$100 million. A monumental canvas by Andy Warhol, inspired by Da Vinci’s famous Last Supper, could go for US$50 million. Both works will be off ered during an evening auction of postwar and contemporary art on Nov 15.

Partnering an Old Master painting with Warhol’s Sixty Last Suppers ap-pealed to the Da Vinci seller, according to Christie’s.

“A guy like Da Vinci doesn’t get old,” said Loic Gouzer, Christie’s chairman of

Th ey are guaranteed to be sold by third parties, according to Christie’s

BY K AT YA K A Z A K I N A

postwar and contemporary art in New York. “This is typically a work that’s priceless.”

Da Vinci’s piece was painted around 1500, and depicts Jesus Christ holding a crystal orb in his left hand and raising his right hand in benediction. It’s the artist’s last known painting in private hands, Christie’s said. Th e artwork was part of an international legal battle, pitting the current owner, Russian billionaire Dmi-try Rybolovlev, against a Swiss art dealer who sold him the painting.

Warhol’s 1986 work, made a year be-fore the pop artist’s death, depicts Th e Last Supper 60 times in black and white.

Sixty Last Suppers.

Christ as Salvator Mundi.

PHOTOS BY BLOOMBERG

DA VINCI, WARHOL PIECES COULD FETCH US$150M

Th e huge grid, 32 feet wide, has 10 col-umns and six rows.

Both works are guaranteed to be sold by third parties, according to the auction house. Christie’s declined to comment on the seller’s identity. Th e painting once belonged to art dealer Larry Gagosian, who exhibited it in Abu Dhabi in 2010.

Warhol got the idea for a group of works based on Da Vinci’s late 15th century painting Last Supper from Mi-lan-based art dealer Alexander Iolas, according to Christie’s. Th e artist made more than 100 different Last Supper works, some freehand style, some show-ing outlines, others in silkscreen. In 1986, 22 of these works were displayed in a space across from the Santa Maria delle Grazie church — home of the original work — and viewed by 30,000 people.

Th e Warhol auction record belongs to Silver Car Crash (Double Disaster), a 1963 silkscreen painting that sold for US$105.4 million at Sotheby’s in 2013. Th e most expensive Last Supper — a 40-by-40-inch canvas — was auctioned for US$18.7 million to billionaire jeweller Laurence Graff . — Bloomberg

Partnering an Old Master painting with Warhol’s

Sixty Last Suppers appealed to the Da Vinci

seller, according to Christie’s.

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THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY

AT age 14, Maurizio Reggiani disassembled his fi rst motorbike, a Bianchi 50cc. His father, the motorcycle’s owner, was a mechanic, and they were obsessed with machines. “I wanted to see what principle allowed this machine to work. It was like trying to discover a dream,” Reggiani says. Th at he couldn’t fi gure out how to put it back together did nothing to diminish his enthusiasm.

Today, Reggiani is the research and de-velopment head at Lamborghini, the ulti-mate in Italian sports car makers. In his 11 years behind the wheel of the company’s innovation strategy, he’s helped the brand move beyond its past glories, pursuing imaginative design and cutting-edge tech-nology. As he puts it, “You must be able to create a marriage between reality and what the customer expects from the brand.”

Reggiani worked in engine design at

Maserati and Bugatti, where he designed the rocket-fast EB110 sports car, before joining Lamborghini in 1998. During the recession, Lamborghini had become a niche brand for overeager, often obnoxious trackheads, and global annual production dipped to fewer than 3,000 cars.

In 2011, under Reggiani’s leadership, the company released the US$400,000 Lam-borghini Aventador, featuring the world’s fi rst single-piece carbon fi bre body. “When I took the responsibility to launch this car, it was the biggest challenge of my life,” Reg-giani says. “Everybody was saying, ‘Are you crazy? It’s not possible.’” For inspiration, he looked to nature, copying venomous snakes’ and sharks’ shapes and movements. His engineers spent hundreds of hours in wind tunnels, evaluating the car’s effi -ciency and wind resistance. Th e care and attention paid off : Th e fi rst production run sold out in a matter of months, and Lam-

borghini’s overall sales have tripled every year since. Reggiani’s breakthrough body design has become common throughout the Lamborghini lineup.

Gian Paolo Dallara, who develops high-performing Formula One race cars, calls Reggiani “incredibly talented — one of the best ever. His technologies have improved Lamborghini and changed car racing for good.”

Reggiani is now focused on developing Lamborghini’s fi rst modern sport utility ve-hicle (SUV), the Urus, due late this year. He works “day and night”, he says, testing his prototype in all conditions, doing dough-nuts on frozen lakes in the Arctic Circle and drag racing in the desert near the equator. Virtually every other automaker, luxury or otherwise, is already producing an SUV, and Lamborghini is among the last to join the pack. “It must be able to do everything,” Reggiani says. — Bloomberg

CARS BY G A B R I E L L E C O P P O L A

Porsches on demand with a US$2,000-a-month subscription PORSCHE will begin an app-based sub-scription service next month, joining the ranks of automakers experimenting with more fl exible ownership models as ride hailing and smartphones upend traditional auto retailing.

Th e length of the pilot, called Porsche Passport, is open-ended and will initial-ly be limited to just 50 people in Atlanta, according to Klaus Zellmer, president of North America for the Volkswagen AG unit.

The first subscription tier starts at US$2,000 (RM8,440) a month and allows users to summon a 718 Boxster, Cayman S, Macan S or Cayenne on demand. For US$3,000 a month, drivers can access 22 diff erent Porsche models. Registration, in-surance and maintenance costs are covered, though subscribers still have to pick up the tab for fuel. Th ey can swap for as many dif-ferent models as desired during the month.

Porsche is looking for a way to reach younger consumers whose shopping and transportation habits have been shaped by

Silicon Valley giants such as Uber Tech-nologies Inc and Airbnb Inc. It’s follow-ing General Motors Co’s Cadillac, which launched its Book subscription service in January, and Care by Volvo, which com-bines lease, insurance and maintenance into one monthly payment.

“We now have millennials who are in-credibly successful and have the fi nancial power to own a Porsche, but may not be willing to own a Porsche today,” Zellmer said in a telephone interview. “We are pretty sure it will help sales, especially in the mid and long term.”

Porsche is partnering with Atlan-ta-based start-up Clutch Technologies LLC, which sells analytics software that can predict which models will be in de-mand based on past customer behaviour, weather conditions, and other factors. Th e brand’s two Atlanta-area dealerships will provide service and maintenance for the fl eet of cars used through the service, he said. — Bloomberg

Porsche Cayman S.

Porsche 718 Boxster

An illustration of Reggiani by Sam Kerr.

BY H A N N A H E L L I OT T

The mechanical wizard driving Lamborghini into the future

PHOTOS BY BLOOMBERG

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2 4 S P O RT S THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY

Th omas eyes ‘three-peat’ at CIMB ClassicHe warms up for the tournament by competing in its pro-am

KUALA LUMPUR: Only weeks after capping his brilliant season with the US$10 million (RM42.2 million) bonus as FedExCup champion, Justin Th omas heads back to his happy hunting ground at the CIMB Classic, seeking a “three-peat” of titles in Malaysia.

Much has changed for 24-year-old Th omas since his last trip to TPC Kuala Lumpur, when he was still an unproven, if highly regarded, tal-ent coming off his rookie season, said Reuters.

Th e world No 4 warmed up for his hat-trick bid at the US$7 million CIMB Classic by competing in the tournament’s pro-am at TPC Kuala Lumpur yesterday, according to a CIMB statement.

On the day just before the eighth edition of the CIMB Classic, 156

amateur golfers comprising cap-tains of corporate Malaysia enjoyed a great round of golf alongside 52 PGA Tour stars, including world No 3 Hideki Matsuyama, Paul Casey, Xander Schauff ele, Charl Schwartz-el, Rafa Cabrera Bello, Kim Si-woo, Anirban Lahiri, and recent inductee of World Golf Hall of Fame, Davis Love III.

Th omas enjoyed the company of his amateur partners during the relaxed pro-am game. Today, he

will be ready to switch to tourna-ment mode at the venue where he is 49-under-par over eight rounds.

Reuters added that a three-stroke win to defend his championship underlined his pedigree, however, and was the springboard for a stel-lar campaign featuring fi ve wins, a maiden major title and last month’s FedExCup triumph.

Once known as “Jordan Spi-eth’s friend”, the Louisville, Ken-tucky-born golfer returns to South-east Asia as the PGA Tour’s player of the year and in the wake of an impressive debut for the US in their dominant Presidents Cup win.

Repeating his 2016-17 hero-ics will be a stiff challenge but the co-sanctioned CIMB Classic could off er the perfect platform for an-other productive season for him.

Thomas (extreme left) teeing off during CIMB Classic’s pro-am at TPC Kuala Lumpur yesterday alongside Westports Holdings Bhd chief executive offi cer Ruben Emir Gnanalingam Abdullah (second from left), SME Corp Malaysia chairman Tan Sri Mohamed Al Amin Abdul Majid (third from left), and Media Prima Bhd group managing director Datuk Kamal Khalid.

Tunku Sarafuddin Badlishah, Tunku Laksamana of Kedah (centre); Tengku Datuk Seri Zafrul Aziz, group chief executive, CIMB Group (right) and Datuk Robert Cheim Dau Meng, chairman/non-independent non-executive director, CIMB Investment Bank Bhd (left) having a light moment at TPC Kuala Lumpur, a day before CIMB Classic 2017.

(From left) Kittiphun Anutarasoti, president and chief executive offi cer, CIMB Thai Bank; Davis Love III; Nop Narongdej; president of KPN Group and Nuttawut Phowborom, chief executive offi cer of KPN Group.

(From left) Tengku Datuk Seri Ahmad Faisal Tengku Ibrahim, director of Tanah Makmur Bhd; Ian Poulter; Tan Sri Shahril Shamsuddin, president and chief executive offi cer of Sapura Group and Mohd Faiq Tan Sri Abu Sahid, group managing director of Maju Group.

(From left) Datuk Mohd Ibrahimnuddin Mohd Yunus, managing director/chief executive offi cer of Petronas Dagangan Bhd; Lucas Glover; Datuk Dr Syed Muhammad Syed Abdul Kadir, chairman/non-independent non executive director of CIMB-Principal Islamic Asset Management Sdn Bhd; Datuk Raja Nong Chik Raja Zainal Abidin, founder of Rasma Corp Sdn Bhd.

(From left) Sunny Tan, general manager of THE FACE Suites; Hans Peter Ressel, chief executive offi cer (CEO) of Lazada; Xander Schauff ele and Eff endy Shahul Hamid, CEO of Group Asset Management & Investments, CIMB Group.

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THURSDAY OCTOBER 12, 2017 • 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

KLSE COMPOSITE 1,757.21 -3.92 -0.22

KLSE INDUSTRIAL 3,223.27 -4.74 -0.15

CONSUMER PRODUCT 625.80 0.54 0.09

INDUSTRIAL PRODUCT 162.83 0.11 0.07

CONSTRUCTION 326.96 -1.94 -0.59

TRADE & SERVICES 230.25 -0.15 -0.07

KLSE FINANCIAL 16,528.57 27.68 0.17

KLSE PROPERTY 1,237.23 -0.05 Unch

KLSE PLANTATION 7,938.13 -0.18 Unch

KLSE MINING 603.87 Unch Unch

INDICES CLOSE +/- %CHGTECHNOLOGY 38.74 0.56 1.47

FTSE BURSA 100 12,225.58 -10.19 -0.08

FTSE BURSA MID 70 15,195.56 51.08 0.34

FTSE BURSA SMALL CAP 17,200.95 27.75 0.16

FTSE BURSA FLEDGLING 19,307.29 84.34 0.44

FTSE BURSA EMAS 12,578.51 -8.40 -0.07

FTSE BUR M’SIA ACE 6,798.59 1.12 0.02

FTSE BUR EMAS SHARIAH 12,865.80 -12.07 -0.09

FTSE BUR HIJRAH SHARIAH 14,045.21 -34.15 -0.24

FTSE/ASEAN 40 10,636.08 -20.04 -0.19

INDICES CLOSE +/- %CHG

Sectorial Movement

CONSUMER PRODUCTS 0.730 0.400 0.440 0.440 7120 ACOSTEC 0.440 UNCH 10 0.440 — — 78.2 5.130 4.077 5.100 5.100 7090 AHEALTH 5.100 UNCH 7.2 5.100 16.65 2.25 597.4 24.759 12.174 20.380 20.000 2658 AJI 20.200 0.180 19.1 20.132 6.73 2.08 1,228.1 0.380 0.220 — — 7051 AMTEK 0.305 — — — — — 15.2 6.007 4.950 5.020 5.020 6432 APOLLO 5.020 0.020 1 5.020 25.25 4.98 401.6 1.110 0.800 — — 7722 ASIABRN 1.040 — — — — — 82.3 3.667 3.053 3.100 3.070 7129 ASIAFLE 3.070 UNCH 229.9 3.073 10.56 5.21 597.9 49.279 39.201 43.400 42.840 4162 BAT 43.100 0.240 80.5 43.07 16.11 4.99 12,306.3 0.120 0.045 0.060 0.055 7243 BIOOSMO 0.060 0.005 2712.4 0.056 — — 47.7 0.740 0.540 0.675 0.660 9288 BONIA 0.665 -0.005 627.4 0.666 16.92 1.88 536.2 1.100 0.483 1.010 0.995 7174 CAB 0.995 -0.005 961.1 0.997 7.11 0.32 615.0 0.527 0.410 0.420 0.420 7154 CAELY 0.420 UNCH 7 0.420 8.09 2.38 33.6 0.340 0.260 — — 7128 CAMRES 0.300 — — — 25.00 3.33 59.0 15.120 13.019 15.120 15.040 2836 CARLSBG 15.120 0.060 129.1 15.09 21.11 5.09 4,622.9 1.160 0.539 1.160 1.090 7035 CCK 1.140 0.050 4274.6 1.137 14.13 1.75 359.5 2.388 1.867 2.240 2.200 7148 CCMDBIO 2.200 -0.010 7.3 2.213 21.48 2.95 613.7 2.700 2.230 — — 2828 CIHLDG 2.280 — — — 13.64 3.51 369.4 0.060 0.020 0.050 0.050 5188 CNOUHUA 0.050 UNCH 10 0.050 — — 33.4 3.200 1.812 2.800 2.750 7205 COCOLND 2.800 0.050 116.1 2.771 15.46 5.54 640.6 1.960 1.608 1.810 1.800 7202 CSCENIC 1.810 0.010 35.2 1.802 17.40 5.52 218.1 0.095 0.030 0.055 0.050 5214 CSL 0.055 UNCH 1023 0.050 6.96 — 68.4 0.794 0.495 0.520 0.515 9423 CWG 0.520 -0.010 261.1 0.516 2.91 2.88 65.7 0.050 0.025 0.030 0.025 7179 DBE 0.030 UNCH 2171.9 0.030 300.0 — 46.3 1.000 0.779 — — 7119 DEGEM 0.960 — — — 9.18 2.60 128.6 60.500 52.364 59.240 59.240 3026 DLADY 59.240 0.020 0.3 59.24 26.58 1.69 3,791.4 0.115 0.070 0.085 0.085 7198 DPS 0.085 UNCH 430 0.085 — — 50.0 0.105 0.020 0.075 0.075 7182 EKA 0.075 UNCH 106.3 0.075 — — 23.4 0.360 0.140 0.245 0.240 9091 EMICO 0.240 -0.005 502.8 0.242 14.29 — 23.0 1.823 1.360 1.400 1.400 7149 ENGKAH 1.400 UNCH 10 1.400 62.78 4.29 99.1 0.270 0.180 0.185 0.180 7208 EURO 0.185 UNCH 265 0.182 — — 49.5 0.760 0.630 — — 7094 EUROSP 0.685 — — — 31.86 — 30.4 26.000 21.887 24.960 24.740 3689 F&N 24.760 0.020 1073.3 24.80 25.67 2.32 9,081.4 1.070 0.815 0.885 0.885 2755 FCW 0.885 -0.025 1.6 0.885 268.18 1.69 221.2 0.850 0.520 0.660 0.640 8605 FFHB 0.650 0.005 70 0.651 10.92 1.85 70.9 1.410 0.730 1.390 1.370 9172 FPI 1.390 UNCH 1062.4 1.385 12.68 4.32 343.8 0.980 0.255 0.805 0.770 7184 G3 0.795 0.005 50.5 0.783 — — 327.9 1.870 0.873 1.810 1.780 5102 GCB 1.790 -0.020 475.8 1.795 18.27 1.26 859.5 2.999 2.334 — — 5606 GOLDIS 2.650 — — — 6.96 0.75 1,620.3 0.135 0.030 0.125 0.115 5187 HBGLOB 0.120 UNCH 2048 0.120 22.22 — 56.2 19.178 14.730 18.500 18.460 3255 HEIM 18.480 0.020 257.2 18.47 20.52 6.22 5,582.8 10.600 8.608 9.630 9.600 3301 HLIND 9.600 UNCH 85 9.619 28.66 3.65 3,147.9 1.008 0.836 0.955 0.945 5160 HOMERIZ 0.950 0.005 102.2 0.950 10.00 2.11 285.0 0.380 0.240 0.365 0.360 7213 HOVID 0.360 UNCH 4282.3 0.361 — — 295.5 1.258 1.094 1.170 1.150 5024 HUPSENG 1.160 UNCH 70.9 1.160 20.17 3.45 928.0 0.630 0.410 0.420 0.420 8478 HWATAI 0.420 -0.010 10 0.420 175.00 — 31.4 4.880 2.030 2.980 2.930 5107 IQGROUP 2.980 0.040 115 2.934 10.64 3.69 262.3 1.610 1.168 1.570 1.550 7152 JAYCORP 1.550 -0.010 120 1.558 8.56 6.45 212.7 0.740 0.505 0.520 0.520 8931 JERASIA 0.520 0.005 27.5 0.520 11.50 — 42.7 2.598 1.370 1.590 1.550 5247 KAREX 1.590 0.020 642.1 1.574 56.99 1.26 1,593.8 3.800 3.350 3.350 3.350 7216 KAWAN 3.350 -0.050 1.3 3.350 34.11 0.56 1,204.4 0.260 0.040 0.180 0.180 8303 KFM 0.180 UNCH 298 0.180 — — 12.3 0.920 0.715 — — 6203 KHEESAN 0.750 — — — 19.58 1.33 78.0 2.700 2.020 — — 7062 KHIND 2.200 — — — 23.43 4.55 88.1 2.210 1.015 — — 0002 KOTRA 1.790 — — — 19.12 1.12 238.9 0.140 0.050 0.065 0.065 5172 KSTAR 0.065 UNCH 1194.2 0.065 — — 19.0 6.000 4.500 4.700 4.630 7006 LATITUD 4.700 0.020 7 4.663 6.61 2.55 456.9 1.090 0.785 1.070 1.050 9385 LAYHONG 1.060 UNCH 1017.8 1.062 28.88 0.47 645.3 0.377 0.261 0.320 0.310 8079 LEESK 0.310 -0.005 184.2 0.316 11.11 3.23 52.0 4.130 2.723 4.040 3.950 7089 LIIHEN 3.960 -0.090 408.8 3.986 9.65 4.04 712.8 0.820 0.710 0.730 0.725 7126 LONBISC 0.725 -0.005 484 0.726 9.35 — 135.2 1.866 1.196 1.330 1.330 7085 LTKM 1.330 -0.010 2 1.330 20.75 2.26 173.0 7.797 3.886 7.050 6.950 7087 MAGNI 7.040 0.080 175.4 6.991 9.86 1.78 1,145.6 0.045 0.010 — — 5189 MAXWELL 0.020 — — — — — 8.0 1.266 0.974 — — 5886 MBG 1.040 — — — — 2.88 63.2 2.464 1.266 1.960 1.920 3662 MFLOUR 1.930 -0.020 76.8 1.935 14.44 3.37 1,062.1 0.960 0.770 — — 7935 MILUX 0.830 — — — — — 45.2 5.005 3.770 — — 5202 MSM 4.020 — — — — 3.48 2,826.0 0.035 0.030 — — 5150 MSPORTS 0.035 — — — — — 21.2 1.826 1.184 1.360 1.360 3921 MWE 1.360 -0.040 1 1.360 2.32 1.47 314.9 85.980 72.360 85.400 85.220 4707 NESTLE 85.260 0.060 560.5 85.24 32.24 3.17 19,993.5 4.880 3.021 3.450 3.400 7060 NHFATT 3.400 -0.050 5 3.414 9.90 3.24 255.5 0.130 0.060 0.065 0.060 7139 NICE 0.065 UNCH 140 0.060 — — 21.6 0.315 0.230 0.245 0.240 7215 NIHSIN 0.240 -0.005 140.4 0.241 100.00 — 57.5 0.882 0.731 0.745 0.735 5066 NTPM 0.735 -0.005 185.3 0.740 15.64 3.27 825.6 0.690 0.360 0.565 0.560 7071 OCR 0.560 -0.005 145.2 0.560 — — 148.8 1.778 1.345 1.550 1.550 7107 OFI 1.550 UNCH 14.4 1.550 21.38 2.58 372.0 6.854 6.315 6.580 6.550 4006 ORIENT 6.560 UNCH 138.7 6.558 10.09 3.05 4,069.8 4.619 2.208 4.530 4.490 7052 PADINI 4.510 0.040 68.8 4.509 18.85 2.22 2,967.2 40.300 29.318 38.880 38.820 3719 PANAMY 38.880 0.060 3.3 38.86 18.42 3.01 2,361.8 0.774 0.485 0.510 0.500 5022 PAOS 0.510 0.010 10 0.505 49.51 3.20 92.4 0.650 0.360 — — 9407 PARAGON 0.440 — — — — — 30.8 0.660 0.310 — — 6068 PCCS 0.560 — — — — — 33.6 1.060 0.780 0.845 0.845 5231 PELIKAN 0.845 -0.015 5 0.845 25.68 — 467.5 0.235 0.145 0.190 0.185 4081 PMCORP 0.185 0.005 1300.5 0.187 — — 143.1 0.795 0.441 0.695 0.680 5080 POHKONG 0.690 UNCH 600.2 0.687 9.58 1.45 283.1 2.060 1.480 1.920 1.910 7088 POHUAT 1.920 -0.010 110.6 1.912 7.19 4.17 436.3 17.217 15.086 16.880 16.740 4065 PPB 16.780 UNCH 1102.5 16.78 15.01 1.49 19,892.7 0.720 0.499 — — 7190 PPG 0.630 — — — 20.79 2.19 63.0 1.659 1.120 1.260 1.260 8966 PRLEXUS 1.260 0.010 40 1.260 9.69 2.38 226.9 1.199 0.679 1.130 1.110 7134 PWF 1.110 -0.020 283.9 1.122 10.74 3.60 189.7 2.655 1.904 2.100 2.070 7237 PWROOT 2.070 -0.030 206.8 2.087 17.25 5.56 683.3 4.030 3.850 3.930 3.910 7084 QL 3.920 UNCH 304 3.914 36.26 0.83 6,360.0 2.510 1.467 2.360 2.300 9946 REX 2.300 -0.020 20.3 2.350 39.72 0.87 141.8 1.890 1.210 1.350 1.330 0183 SALUTE 1.340 0.010 204.2 1.333 26.91 1.79 519.9 1.069 0.800 0.895 0.875 5252 SASBADI 0.880 -0.015 193.5 0.885 22.45 1.70 368.8 0.590 0.275 0.560 0.525 5157 SAUDEE 0.540 -0.005 617.9 0.539 600.00 — 64.8 1.430 1.000 1.340 1.250 7180 SERNKOU 1.250 -0.050 137.1 1.321 106.84 — 150.0 0.845 0.580 0.645 0.645 7165 SGB 0.645 -0.015 70 0.645 — — 110.3 1.867 1.350 1.380 1.360 7412 SHH 1.380 0.020 26.5 1.369 13.13 7.25 69.0 1.070 0.800 0.835 0.830 7246 SIGN 0.835 -0.010 89.5 0.831 9.60 — 200.7 0.915 0.215 0.610 0.610 8532 SINOTOP 0.610 UNCH 18.1 0.610 42.96 — 240.9 0.865 0.530 0.555 0.540 9776 SMCAP 0.555 UNCH 81.9 0.549 — — 33.9 0.385 0.200 — — 7943 SNC 0.310 — — — — — 20.5 2.548 2.130 2.200 2.170 7103 SPRITZER 2.170 UNCH 35.8 2.179 18.39 2.67 396.3 1.440 1.020 1.200 1.140 7186 SWSCAP 1.200 0.040 125.6 1.165 184.62 0.83 175.1 0.669 0.455 0.480 0.470 7082 SYF 0.470 UNCH 430.5 0.474 8.29 2.13 291.0 0.505 0.280 0.430 0.430 7211 TAFI 0.430 UNCH 100 0.430 — — 34.4 1.948 1.641 1.710 1.700 4405 TCHONG 1.700 UNCH 57.3 1.706 — 1.18 1,142.4 1.009 0.475 0.495 0.480 7200 TEKSENG 0.490 0.005 2784.6 0.485 35.51 4.08 170.6 1.250 0.850 0.975 0.950 7252 TEOSENG 0.975 0.015 395.3 0.967 — 1.54 292.5 1.510 1.300 1.300 1.300 9369 TGL 1.300 -0.050 6 1.300 11.73 5.77 53.0 1.020 0.400 0.905 0.885 7230 TOMEI 0.890 -0.010 386.1 0.894 11.45 — 123.4 0.560 0.385 0.410 0.410 7176 TPC 0.410 0.005 15 0.410 — — 95.9 6.080 4.089 5.590 5.520 4588 UMW 5.550 UNCH 177 5.543 — 3.60 6,484.0 2.549 1.861 2.520 2.470 7757 UPA 2.520 0.020 9 2.501 3.36 3.17 200.5 1.668 0.677 1.510 1.510 7203 WANGZNG 1.510 UNCH 7 1.510 17.74 2.65 241.6 0.325 0.080 0.290 0.275 5156 XDL 0.285 0.010 11578.2 0.280 25.22 — 192.1 0.615 0.360 0.560 0.560 7121 XIANLNG 0.560 UNCH 5 0.560 — — 44.8 0.125 0.020 — — 5155 XINQUAN 0.055 — — — — — 26.7 2.822 2.120 2.230 2.220 5584 YEELEE 2.220 0.010 10.9 2.225 11.51 2.03 425.4 1.560 1.034 1.330 1.320 5159 YOCB 1.320 UNCH 68 1.322 9.28 3.03 211.2 3.190 1.744 3.060 2.900 7178 YSPSAH 3.010 0.070 520.2 2.991 14.57 2.33 411.5 1.934 1.146 1.640 1.640 5131 ZHULIAN 1.640 UNCH 49.3 1.640 14.15 3.66 754.4INDUSTRIAL PRODUCTS 1.420 0.922 1.140 1.130 0012 3A 1.130 -0.010 75.4 1.137 12.68 1.27 556.0 0.210 0.085 0.130 0.130 7086 ABLEGRP 0.130 UNCH 807 0.130 — — 34.3 0.430 0.200 — — 7131 ACME 0.380 — — — — — 83.0 0.795 0.585 0.605 0.605 7191 ADVENTA 0.605 UNCH 14 0.605 177.94 — 92.4 2.376 2.045 2.200 2.200 9148 ADVPKG 2.200 -0.030 30.4 2.200 23.66 5.45 45.1 0.220 0.135 0.170 0.165 7146 AEM 0.165 UNCH 389.7 0.165 550.00 — 49.4 0.500 0.365 — — 5198 AFUJIYA 0.475 — — — 22.51 — 85.5 0.595 0.405 0.445 0.440 2682 AISB 0.445 0.015 16.1 0.440 31.56 — 64.3 0.913 0.561 0.730 0.715 7609 AJIYA 0.720 UNCH 154 0.720 10.40 2.78 219.3 0.300 0.065 — — 9954 AKNIGHT 0.160 — — — — — 9.3

1.694 0.650 1.300 1.260 2674 ALCOM 1.270 -0.010 242.3 1.280 14.46 16.14 170.6 1.070 0.315 0.735 0.715 4758 ANCOM 0.715 -0.010 396.7 0.719 8.82 — 156.6 3.860 1.766 3.830 3.750 6556 ANNJOO 3.790 0.040 1946.7 3.794 11.08 2.77 2,025.9 0.551 0.095 0.110 0.105 9342 ANZO 0.105 UNCH 2576.8 0.106 — — 91.5 1.160 0.825 — — 5568 APB 1.160 — — — 13.62 5.60 130.9 4.090 3.176 3.720 3.720 5015 APM 3.720 UNCH 20 3.720 15.84 3.90 750.0 1.240 0.827 1.110 1.100 7214 ARANK 1.100 -0.020 213.1 1.102 7.44 2.73 132.0 1.290 0.671 1.030 1.010 7162 ASTINO 1.030 -0.010 945.9 1.023 8.18 0.97 282.3 1.331 0.543 0.860 0.840 7099 ATTA 0.850 0.005 140.8 0.852 3.28 9.19 129.9 0.970 0.230 — — 7181 ATURMJU 0.255 — — — — — 15.6 2.550 1.679 2.150 2.070 8133 BHIC 2.150 0.080 50 2.089 5.67 1.40 534.2 0.570 0.380 0.400 0.385 7005 BIG 0.385 -0.015 32.5 0.393 — — 18.5 0.580 0.100 0.540 0.525 7187 BKOON 0.540 0.005 4189.1 0.535 — — 150.1 1.091 0.742 0.870 0.870 0168 BOILERM 0.870 UNCH 10 0.870 21.12 1.72 448.9 2.425 1.440 — — 6297 BOXPAK 1.520 — — — — — 182.5 1.563 1.150 1.160 1.160 5100 BPPLAS 1.160 -0.010 8.5 1.160 17.93 6.90 217.7 0.316 0.237 0.280 0.260 9938 BRIGHT 0.270 UNCH 394.1 0.271 — — 55.4 0.675 0.230 0.600 0.585 7221 BSLCORP 0.600 UNCH 162.5 0.593 7.33 — 58.8 0.365 0.210 0.245 0.245 7188 BTM 0.245 -0.005 56.3 0.245 46.23 — 31.1 3.785 2.840 2.860 2.860 5105 CANONE 2.860 -0.010 7848.8 2.860 7.00 1.40 549.6 0.035 0.005 — — 5229 CAP 0.010 — — — — — 13.6 2.168 1.883 1.940 1.910 7076 CBIP 1.920 0.010 60.9 1.931 8.60 3.13 1,033.4 1.810 0.833 1.400 1.390 2879 CCM 1.400 0.010 670.2 1.399 44.87 3.57 640.7 1.750 1.450 — — 8435 CEPCO 1.470 — — — — — 65.8 1.220 1.020 1.200 1.200 8044 CFM 1.200 -0.020 27.5 1.200 — — 49.2 1.940 1.466 1.850 1.830 5007 CHINWEL 1.850 0.020 207.2 1.841 10.89 3.68 554.1 2.550 1.546 2.470 2.410 5797 CHOOBEE 2.460 0.070 398.4 2.443 9.00 2.44 270.4 1.150 0.920 — — 8052 CICB 1.000 — — — 28.90 — 50.0 0.075 0.050 0.055 0.055 7018 CME 0.055 UNCH 350 0.055 — — 26.7 4.628 3.476 3.910 3.870 2852 CMSB 3.880 -0.020 390.5 3.883 16.83 1.62 4,168.6 0.600 0.200 — — 7986 CNASIA 0.515 — — — 0.99 — 23.4 1.527 1.141 1.300 1.280 5071 COASTAL 1.280 0.010 449 1.288 13.78 1.56 680.4 1.150 0.665 0.715 0.710 7195 COMCORP 0.710 -0.005 164.2 0.713 6.81 — 99.4 1.010 0.645 0.955 0.940 2127 COMFORT 0.945 0.005 867.6 0.947 15.24 — 528.1 2.156 1.630 1.740 1.720 5094 CSCSTEL 1.740 UNCH 910.2 1.735 10.46 5.75 661.2 0.829 0.655 0.685 0.655 7157 CYL 0.685 -0.025 13.4 0.668 49.64 5.84 68.5 0.405 0.280 0.325 0.325 5082 CYMAO 0.325 UNCH 7.5 0.325 — — 24.4 2.369 1.742 2.180 2.170 8125 DAIBOCI 2.170 -0.010 43.6 2.175 31.18 1.98 711.5 1.510 0.335 1.400 1.340 8176 DENKO 1.370 0.060 218.5 1.380 — — 143.1 0.385 0.220 0.385 0.375 7114 DNONCE 0.380 0.005 3050.6 0.381 — — 69.6 0.435 0.230 0.260 0.260 5835 DOLMITE 0.260 UNCH 47 0.260 — — 74.1 0.435 0.155 0.205 0.205 5265 DOLPHIN 0.205 0.005 215 0.205 — — 47.8 1.320 1.069 1.290 1.280 7169 DOMINAN 1.290 UNCH 15.2 1.281 8.91 4.65 213.2 1.848 0.914 1.770 1.750 1619 DRBHCOM 1.760 UNCH 3222.9 1.757 — 0.57 3,402.5 1.582 0.532 1.380 1.360 7233 DUFU 1.360 -0.010 282.5 1.367 6.90 4.04 238.6 0.866 0.640 0.775 0.755 8907 EG 0.760 0.005 2856.7 0.766 6.99 — 160.8 1.070 0.825 0.890 0.880 9016 EKSONS 0.880 -0.010 127 0.881 — — 144.5 0.870 0.510 0.785 0.775 7217 EMETALL 0.785 0.010 659 0.782 14.51 3.18 134.4 0.885 0.385 0.535 0.535 7773 EPMB 0.535 0.030 2 0.535 — — 88.8 0.443 0.330 0.385 0.385 0190 ESAFE 0.385 -0.010 110 0.385 11.81 — 92.6 1.115 0.740 0.775 0.760 5101 EVERGRN 0.770 0.005 2048.7 0.764 12.56 2.60 651.7 0.863 0.435 0.440 0.435 7249 EWEIN 0.435 UNCH 283.4 0.438 11.21 1.15 131.2 1.440 1.021 1.440 1.440 2984 FACBIND 1.440 UNCH 366.8 1.440 14.17 1.74 122.6 2.862 2.160 2.800 2.770 7229 FAVCO 2.780 0.020 93 2.788 8.14 5.40 615.5 0.800 0.495 0.620 0.620 0149 FIBON 0.620 UNCH 8 0.620 14.12 1.77 60.8 2.274 1.906 2.150 2.140 3107 FIMACOR 2.140 UNCH 62.3 2.141 15.89 5.84 524.9 1.870 1.436 1.480 1.470 5197 FLBHD 1.470 UNCH 115.5 1.470 7.41 10.20 151.7 1.500 1.330 1.420 1.410 3611 GBH 1.410 -0.010 18 1.412 94.00 — 263.2 2.590 1.450 2.340 2.260 7197 GESHEN 2.340 0.020 180.2 2.304 9.98 — 187.2 0.085 0.040 0.055 0.050 5220 GLOTEC 0.050 -0.005 1397.5 0.053 — — 269.1 0.720 0.185 — — 7192 GOODWAY 0.215 — — — — — 23.8 0.135 0.085 0.100 0.100 7096 GPA 0.100 UNCH 50 0.100 17.54 — 98.0 0.425 0.255 0.310 0.300 5649 GPHAROS 0.300 -0.015 228.6 0.302 — — 40.4 0.245 0.175 — — 0136 GREENYB 0.190 — — — 271.4 3.16 63.4 0.145 0.085 0.125 0.120 7077 GSB 0.120 -0.005 960.3 0.120 — — 63.4 1.005 0.755 0.795 0.790 3247 GUH 0.795 0.005 35.6 0.792 18.45 4.24 220.9 1.180 0.235 0.860 0.860 5151 HALEX 0.860 UNCH 4 0.860 — — 91.2 7.367 4.468 6.950 6.880 5168 HARTA 6.940 0.010 797.2 6.935 35.28 1.22 11,457.6 1.390 0.829 1.310 1.280 7105 HCK 1.310 UNCH 95.6 1.299 727.78 — 551.7 8.680 1.990 8.460 8.300 4324 HENGYUAN 8.390 0.030 1185.4 8.392 5.13 — 2,517.0 1.757 1.212 1.660 1.560 5095 HEVEA 1.660 0.100 5961 1.623 9.50 4.46 925.5 1.200 0.873 0.970 0.960 3298 HEXZA 0.965 0.005 73.6 0.964 8.69 4.66 193.4 0.450 0.270 0.390 0.385 5072 HIAPTEK 0.390 UNCH 5480 0.388 — 0.77 513.2 0.755 0.190 0.755 0.720 5199 HIBISCS 0.730 0.015 121598 0.734 9.46 — 1,099.3 1.276 0.844 1.080 1.040 7033 HIGHTEC 1.050 -0.030 33 1.077 6.57 3.33 42.6 1.226 0.785 1.130 1.070 8443 HIL 1.090 0.030 170.7 1.097 20.30 1.38 303.8 0.405 0.270 — — 5165 HOKHENG 0.320 — — — 22.70 — 25.6 0.270 0.020 0.235 0.220 2739 HUAAN 0.225 UNCH 25811.5 0.225 — — 252.5 3.186 2.130 2.500 2.490 5000 HUMEIND 2.490 -0.010 5.2 2.496 63.85 0.80 1,192.9 0.075 0.045 0.060 0.055 9601 HWGB 0.060 0.005 339.3 0.059 — — 59.9 0.890 0.595 — — 9687 IDEAL 0.730 — — — 4.76 — 80.6 2.070 1.670 — — 7222 IMASPRO 1.820 — — — 25.42 1.92 145.6 0.300 0.160 0.180 0.180 7183 IRETEX 0.180 UNCH 21 0.180 — — 24.9 0.085 0.050 0.060 0.055 7223 JADI 0.060 0.005 1296.8 0.056 — — 56.5 0.175 0.135 0.145 0.145 8648 JASKITA 0.145 UNCH 74.8 0.145 — 6.90 65.2 0.110 0.030 — — 2747 JAVA 0.035 — — — — — 6.1 1.120 0.892 — — 7043 JMR 1.100 — — — 333.3 2.73 139.5 1.715 0.902 1.330 1.320 7167 JOHOTIN 1.320 UNCH 322.5 1.325 6.99 2.46 376.7 1.460 1.000 1.090 1.070 4383 JTIASA 1.080 0.010 628.8 1.080 90.00 1.20 1,051.6 0.310 0.160 0.260 0.255 0054 KARYON 0.260 0.005 553.3 0.256 27.96 — 123.7 0.870 0.680 0.785 0.750 7199 KEINHIN 0.780 UNCH 53 0.771 11.24 1.92 77.2 0.500 0.300 — — 6211 KIALIM 0.315 — — — — — 19.5 3.080 2.733 3.000 2.990 3522 KIANJOO 3.000 UNCH 11 2.996 12.02 1.33 1,332.5 2.363 1.511 1.720 1.700 5371 KIMHIN 1.700 -0.050 35 1.711 8.29 3.53 264.5 0.075 0.025 0.035 0.035 5060 KINSTEL 0.035 UNCH 65 0.035 — — 36.7 1.460 0.865 0.900 0.895 9466 KKB 0.900 -0.010 23 0.898 — 4.44 232.0 0.420 0.220 0.290 0.280 7164 KNM 0.285 0.005 27325.8 0.287 — — 614.5 1.129 0.830 0.850 0.845 6971 KOBAY 0.850 0.005 32.6 0.847 16.19 — 86.8 0.362 0.240 0.255 0.250 7017 KOMARK 0.250 UNCH 498.3 0.255 — — 31.2 7.360 5.565 6.930 6.900 7153 KOSSAN 6.900 -0.030 634.8 6.903 26.44 1.59 4,412.3 1.110 0.345 0.790 0.790 7130 KPOWER 0.790 UNCH 44 0.790 — — 54.7 5.140 4.624 4.900 4.880 3476 KSENG 4.900 UNCH 17.8 4.891 16.40 2.04 1,771.2 0.580 0.365 0.480 0.475 5192 KSSC 0.475 -0.005 65 0.476 10.44 3.16 45.6 0.775 0.295 0.545 0.525 8362 KYM 0.540 -0.010 71.1 0.531 34.84 — 80.9 8.400 5.060 6.780 6.650 3794 LAFMSIA 6.770 0.010 487.1 6.761 — 2.95 5,752.4 0.910 0.552 0.770 0.755 9326 LBALUM 0.760 UNCH 391.5 0.761 11.48 3.29 188.8 0.608 0.444 0.485 0.470 5092 LCTH 0.475 -0.010 60 0.472 14.05 5.26 171.0 6.530 4.140 5.470 5.340 5284 LCTITAN 5.370 0.030 3036.7 5.404 8.33 — 12,392.8 0.910 0.422 0.860 0.845 5232 LEONFB 0.850 0.010 2944.4 0.852 4.85 1.76 263.5 0.440 0.100 0.280 0.275 8745 LEWEKO 0.280 UNCH 285 0.280 — — 90.1 0.080 0.025 0.050 0.045 2887 LIONDIV 0.045 -0.005 101 0.050 — — 62.6 1.480 0.355 1.420 1.380 4235 LIONIND 1.380 -0.020 2510.9 1.396 8.96 — 990.7 0.740 0.350 0.675 0.650 9881 LSTEEL 0.660 UNCH 787.5 0.662 9.19 — 84.5 0.160 0.050 0.135 0.125 5068 LUSTER 0.130 0.005 31910.9 0.130 — — 256.9 3.890 3.336 — — 9199 LYSAGHT 3.650 — — — 9.24 1.92 151.8 1.403 0.535 1.360 1.330 5098 MASTEEL 1.340 0.010 1664.3 1.343 12.80 — 416.2 0.841 0.467 0.745 0.700 7029 MASTER 0.745 0.045 1125.1 0.726 11.25 1.34 40.7 1.200 0.948 1.180 1.150 5152 MBL 1.150 -0.030 265.5 1.166 8.34 3.48 105.8 0.870 0.618 — — 7004 MCEHLDG 0.800 — — — 28.47 1.88 35.5 0.660 0.250 0.275 0.265 3778 MELEWAR 0.275 0.010 59.8 0.271 — — 62.0 0.789 0.478 — — 5223 MENTIGA 0.610 — — — 469.2 1.64 42.7 2.080 1.120 2.080 1.990 8192 MERCURY 2.030 0.010 379.6 2.038 6.69 5.91 81.6 1.837 1.596 — — 6149 METROD 1.740 — — — 12.65 3.45 208.8 1.260 0.356 1.220 1.190 5001 MIECO 1.190 -0.010 982.9 1.200 8.97 3.36 624.8 0.170 0.075 0.145 0.140 7219 MINETEC 0.145 UNCH 687.5 0.144 — — 106.1 0.695 0.495 0.500 0.500 5576 MINHO 0.500 UNCH 81.2 0.500 8.38 — 109.9 4.403 3.207 3.630 3.610 5916 MSC 3.610 -0.020 18.3 3.614 8.74 2.22 361.0 1.766 1.370 1.440 1.400 3883 MUDA 1.400 UNCH 52.3 1.400 17.50 2.14 427.1 1.200 0.720 0.780 0.770 5087 MYCRON 0.770 -0.010 235.6 0.771 6.44 — 218.3 0.240 0.035 — — 7002 NAKA 0.180 — — — — — 10.0 0.280 0.145 0.155 0.155 5025 NWP 0.155 UNCH 401.1 0.155 — — 56.0 1.190 0.535 1.070 1.060 4944 NYLEX 1.060 UNCH 827.6 1.066 9.98 1.89 206.0 1.970 1.125 1.830 1.690 7140 OKA 1.820 0.130 690.5 1.773 10.20 3.02 297.6 1.510 0.865 1.440 1.400 5065 ORNA 1.420 0.020 279 1.419 8.99 2.11 106.9 0.085 0.050 0.070 0.065 7225 PA 0.065 -0.005 648.5 0.069 — — 61.5 0.015 0.005 — — 0022 PARLO 0.005 — — — — — 0.5 7.670 6.328 7.350 7.310 5183 PCHEM 7.320 -0.020 11067.2 7.328 14.26 3.28 58,560.0 1.952 1.450 1.550 1.500 5271 PECCA 1.500 -0.010 778 1.516 19.21 2.67 282.0 0.786 0.580 0.600 0.590 9997 PENSONI 0.600 0.020 84 0.597 10.75 5.00 77.8 7.901 5.630 5.720 5.680 5436 PERSTIM 5.690 -0.010 13.7 5.698 10.25 7.03 565.0 21.740 17.797 18.700 18.420 6033 PETGAS 18.500 -0.080 250 18.500 20.61 3.51 36,606.5 11.600 3.941 11.560 11.300 3042 PETRONM 11.420 UNCH 183 11.440 8.59 1.93 3,083.4 2.466 1.595 2.230 2.200 7095 PIE 2.230 UNCH 243.6 2.219 17.08 1.08 856.4 3.090 1.418 2.930 2.860 7172 PMBTECH 2.930 0.070 65.5 2.903 20.23 1.37 234.4 3.860 2.516 3.840 3.810 8869 PMETAL 3.840 0.010 8335.1 3.826 26.27 1.43 14,373.7 0.575 0.450 — — 6637 PNEPCB 0.540 — — — 17.48 — 71.0 0.995 0.270 0.395 0.385 8117 POLY 0.385 -0.005 29.7 0.387 1.94 — 61.6 0.973 0.536 0.740 0.730 8273 PPHB 0.730 0.010 219.5 0.732 8.00 — 137.5 0.365 0.250 — — 9458 PREMIER 0.275 — — — 343.7 — 92.7 1.480 0.569 1.410 1.400 9873 PRESTAR 1.410 0.020 1576.3 1.406 6.01 2.84 286.5 1.110 0.635 1.030 1.000 7168 PRG 1.000 -0.020 476.6 1.007 88.50 0.50 301.3 0.330 0.085 0.275 0.260 7123 PWORTH 0.265 0.005 31402.5 0.267 41.41 — 246.6 1.290 0.950 — — 7544 QUALITY 0.950 — — — — — 55.1 0.750 0.510 — — 7498 RALCO 0.660 — — — — — 27.7 5.840 5.310 5.590 5.550 7765 RAPID 5.590 0.050 40 5.568 765.75 — 597.6 0.745 0.285 0.395 0.380 5256 REACH 0.385 0.010 15131.5 0.385 9.04 — 422.1 0.655 0.390 0.420 0.405 7232 RESINTC 0.415 -0.005 58.2 0.408 6.88 2.89 56.9 1.410 0.595 1.310 1.290 9741 ROHAS 1.300 UNCH 479.5 1.300 — — 519.8 0.834 0.705 0.730 0.725 7803 RUBEREX 0.730 UNCH 31.5 0.729 8.80 1.71 184.1 5.194 3.858 4.800 4.780 5134 SAB 4.780 -0.020 2.3 4.786 13.84 1.05 654.5 8.490 4.773 7.390 7.260 9822 SAM 7.260 -0.130 9.9 7.341 21.04 1.42 981.3 0.979 0.826 0.880 0.880 7811 SAPIND 0.880 UNCH 19.5 0.880 15.04 6.82 64.0 1.266 0.984 1.020 1.010 5170 SCABLE 1.020 UNCH 65.3 1.014 19.28 2.94 323.4 3.426 2.811 2.890 2.870 7247 SCGM 2.870 -0.010 201.3 2.876 21.12 2.09 555.6

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

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Page 27: THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017 ... - The Edgetefd.theedgemarkets.com/2017/TEP/20171012c7f21f.pdf · 4 THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY For breaking

2 6 THURSDAY OCTOBER 12, 2017 • THEEDGE 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)

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

0.740 0.510 — — 9237 SCIB 0.620 — — — 17.46 — 50.1 9.850 6.359 8.700 8.600 4731 SCIENTX 8.660 -0.030 294.8 8.677 15.81 1.85 4,187.6 0.345 0.250 — — 7239 SCNWOLF 0.285 — — — — — 24.9 0.525 0.140 0.290 0.285 7366 SCOMIEN 0.290 UNCH 42 0.290 — — 99.2 1.660 0.660 0.910 0.895 7073 SEACERA 0.900 -0.005 882.7 0.899 48.91 — 311.4 0.230 0.130 — — 5145 SEALINK 0.145 — — — — — 72.5 0.765 0.250 0.570 0.550 5163 SEB 0.570 -0.020 5.1 0.570 9.33 — 45.6 1.410 0.388 0.975 0.940 5181 SIGGAS 0.960 0.010 1722.9 0.962 45.50 1.25 180.0 1.040 0.650 — — 7115 SKBSHUT 0.680 — — — 11.99 — 27.2 1.650 1.199 1.650 1.580 7155 SKPRES 1.650 0.070 4565.3 1.623 16.45 2.52 2,062.8 2.225 1.760 — — 7248 SLP 1.950 — — — 24.10 1.89 618.1 0.700 0.525 — — 7132 SMISCOR 0.590 — — — — — 26.4 2.580 1.021 2.320 2.270 5665 SSTEEL 2.300 0.050 586.7 2.297 10.40 1.30 993.8 0.300 0.065 0.250 0.230 7143 STONE 0.245 0.005 55 0.236 — — 22.0 1.550 1.230 1.300 1.300 6904 SUBUR 1.300 UNCH 10.7 1.300 — — 271.7 4.320 1.682 3.500 3.470 7207 SUCCESS 3.500 UNCH 45.5 3.494 8.66 1.43 429.4 2.960 1.764 2.200 2.180 7235 SUPERLN 2.190 UNCH 271.6 2.191 16.39 1.26 350.4 2.324 1.690 1.780 1.760 7106 SUPERMX 1.760 -0.020 393.7 1.766 16.86 3.69 1,197.1 4.153 3.292 3.690 3.590 5012 TAANN 3.690 0.060 124.9 3.645 10.47 4.07 1,641.5 0.510 0.350 0.355 0.350 4022 TADMAX 0.350 -0.005 180.5 0.351 — — 188.5 0.415 0.235 0.295 0.285 5149 TAS 0.290 0.005 133.1 0.293 — — 52.2 14.224 11.949 12.700 12.700 4448 TASEK 12.700 0.040 0.2 12.70 104.87 9.45 1,570.0 0.290 0.100 0.175 0.170 5178 TATGIAP 0.170 UNCH 476.4 0.170 — — 26.4 1.400 0.300 1.290 1.250 7097 TAWIN 1.270 -0.010 2462.8 1.263 11.18 — 81.6 2.920 1.310 1.360 1.360 7439 TECGUAN 1.360 UNCH 130 1.360 — — 54.5 4.803 3.846 4.440 4.370 7034 TGUAN 4.370 -0.030 228.1 4.422 9.13 2.75 579.0 2.140 1.581 1.650 1.640 7374 TIENWAH 1.640 UNCH 43 1.642 6.74 6.10 237.4 0.800 0.550 0.550 0.550 7854 TIMWELL 0.550 -0.080 2 0.550 125.0 — 49.0 1.069 0.589 0.945 0.940 7285 TOMYPAK 0.945 0.005 156.7 0.943 15.62 3.39 396.5 3.780 1.749 3.620 3.620 5010 TONGHER 3.620 UNCH 126.2 3.620 10.47 8.29 569.9 5.878 4.512 5.700 5.620 7113 TOPGLOV 5.650 UNCH 956.6 5.659 23.65 2.57 7,098.6 0.850 0.495 — — 7173 TOYOINK 0.700 — — — — — 74.9 0.230 0.145 0.190 0.190 4359 TURIYA 0.190 0.005 32 0.190 — — 43.5 2.900 1.546 2.900 2.790 7100 UCHITEC 2.890 0.090 1413.3 2.860 20.34 4.50 1,287.4 4.930 3.310 4.300 4.100 7133 ULICORP 4.300 UNCH 21.4 4.287 21.76 2.79 624.4 1.367 1.130 1.150 1.130 7227 UMSNGB 1.130 -0.050 33 1.140 8.55 2.65 90.4 1.680 0.670 0.700 0.685 4995 VERSATL 0.695 -0.005 616 0.692 87.97 — 81.6 3.100 1.325 3.100 2.980 6963 VS 3.090 0.100 13389 3.061 23.37 1.59 3,795.8 1.030 0.750 0.960 0.950 5142 WASEONG 0.950 -0.005 221.9 0.957 — 0.53 736.1 0.485 0.345 0.380 0.380 7226 WATTA 0.380 UNCH 20 0.380 — — 32.1 2.210 1.517 2.180 2.110 7111 WEIDA 2.110 -0.080 314.1 2.136 20.39 1.42 281.3 1.537 1.139 1.310 1.240 7231 WELLCAL 1.260 -0.050 1353.4 1.261 18.26 4.88 627.4 0.525 0.229 0.305 0.295 6378 WMG 0.300 -0.005 101.6 0.301 — — 127.9 1.120 0.600 1.120 1.070 7050 WONG 1.100 0.020 1832.7 1.091 29.02 — 100.9 0.700 0.475 — — 7025 WOODLAN 0.620 — — — 17.22 — 24.8 2.084 1.836 — — 5009 WTHORSE 1.960 — — — 20.72 5.10 470.4 1.096 0.745 0.760 0.750 4243 WTK 0.750 UNCH 554.9 0.753 — 2.67 361.0 1.380 0.953 1.070 1.050 7245 WZSATU 1.070 UNCH 47.4 1.060 12.24 1.87 373.3 0.865 0.720 0.790 0.785 5048 YILAI 0.785 -0.005 116.4 0.785 3925.0 — 125.6 0.365 0.185 0.210 0.195 7020 YKGI 0.200 0.005 124.6 0.198 — — 69.7 0.700 0.380 0.460 0.460 7014 YLI 0.460 UNCH 16 0.460 11.62 1.09 47.4CONSTRUCTION 1.189 0.728 1.070 1.050 5281 ADVCON 1.070 UNCH 1200 1.064 15.01 — 430.2 0.750 0.280 — — 7007 ARK 0.410 — — — — — 20.0 1.179 0.589 1.150 1.110 7078 AZRB 1.110 -0.040 76.8 1.112 14.29 1.35 590.0 0.793 0.581 0.630 0.625 6173 BDB 0.625 UNCH 60 0.627 6.38 7.20 189.9 0.625 0.351 0.425 0.415 5190 BENALEC 0.415 -0.010 624.2 0.418 29.64 0.96 336.9 0.510 0.325 0.355 0.350 5932 BPURI 0.350 -0.005 182.2 0.351 100.00 — 93.5 1.120 0.777 1.090 1.080 8761 BREM 1.090 -0.010 805.9 1.088 52.91 1.38 376.6 1.220 0.849 1.040 1.030 8591 CRESBLD 1.040 UNCH 56.7 1.038 8.64 3.85 184.0 2.086 1.437 — — 7528 DKLS 1.800 — — — 3.45 1.67 166.9 3.210 1.671 3.080 3.060 5253 ECONBHD 3.060 -0.010 316.6 3.072 20.28 1.47 1,637.1 1.520 0.985 1.090 1.070 8877 EKOVEST 1.080 0.020 2268 1.081 20.85 1.11 2,310.3 1.010 0.487 0.875 0.860 7047 FAJAR 0.860 -0.005 593.4 0.866 8.03 2.91 317.0 1.370 0.885 1.240 1.230 9261 GADANG 1.230 UNCH 617.1 1.235 7.04 2.44 809.2 5.459 4.541 5.290 5.260 5398 GAMUDA 5.270 -0.010 9577.5 5.277 21.25 2.28 12,936.1 1.870 0.815 1.820 1.770 5226 GBGAQRS 1.800 UNCH 1060.9 1.800 19.54 — 781.2 0.920 0.660 0.680 0.665 5169 HOHUP 0.680 UNCH 54 0.671 4.95 — 254.9 1.766 1.430 1.460 1.450 6238 HSL 1.460 0.010 23.5 1.460 16.42 1.64 850.7 3.557 2.998 3.350 3.270 3336 IJM 3.280 -0.060 1958 3.286 17.81 2.29 11,900.0 0.740 0.561 0.590 0.590 5268 IKHMAS 0.590 UNCH 27.1 0.590 113.46 0.85 312.9 0.360 0.275 0.285 0.285 0192 INTA 0.285 UNCH 217 0.285 0.35 — 152.5 0.710 0.550 0.615 0.615 8834 IREKA 0.615 -0.005 17 0.615 — — 105.1 1.790 0.985 1.260 1.250 4723 JAKS 1.260 UNCH 1038.3 1.252 — — 612.2 0.500 0.210 0.310 0.295 9083 JETSON 0.310 UNCH 867.6 0.302 — — 64.1 3.910 1.996 3.850 3.770 7161 KERJAYA 3.770 -0.080 279.4 3.798 17.02 1.46 2,122.8 2.380 1.890 2.300 2.290 5171 KIMLUN 2.300 0.010 97.4 2.293 10.11 2.83 735.2 1.540 1.340 — — 9628 LEBTECH 1.500 — — — 58.59 — 204.7 1.240 0.684 0.815 0.815 5129 MELATI 0.815 -0.005 2.3 0.815 6.63 2.15 97.8 0.575 0.240 0.355 0.350 5006 MERGE 0.350 -0.010 75 0.351 250.0 — 23.5 1.407 1.020 1.060 1.040 9571 MITRA 1.050 UNCH 1165.1 1.049 6.26 4.76 724.0 1.350 0.770 1.290 1.260 7595 MLGLOBAL 1.280 UNCH 541.2 1.281 23.02 — 505.1 0.435 0.285 0.300 0.295 5924 MTDACPI 0.295 -0.005 23.3 0.300 — — 68.3 1.670 0.725 1.260 1.220 5085 MUDAJYA 1.220 -0.040 554.2 1.232 — — 738.6 2.980 2.046 2.880 2.850 5703 MUHIBAH 2.850 0.020 1610 2.854 11.22 1.93 1,374.0 0.724 0.399 0.560 0.545 8311 PESONA 0.545 -0.005 839.4 0.551 17.69 3.67 378.7 2.490 1.132 2.180 2.180 7055 PLB 2.180 UNCH 5 2.180 63.93 0.46 199.0 1.273 0.924 1.080 1.060 5070 PRTASCO 1.070 -0.010 219.9 1.066 17.51 5.61 454.4 0.215 0.095 0.145 0.145 7145 PSIPTEK 0.145 UNCH 220 0.145 14.80 — 50.6 4.270 3.201 — — 9598 PTARAS 4.060 — — — 18.29 4.93 669.8 1.390 0.455 0.935 0.905 5205 SENDAI 0.925 0.005 4173.4 0.924 — 0.54 720.2 2.430 1.513 2.340 2.300 5263 SUNCON 2.320 0.020 1925.7 2.320 22.29 2.37 2,999.5 0.415 0.255 0.280 0.270 9717 SYCAL 0.280 0.005 33 0.275 16.77 — 89.7 0.860 0.364 0.810 0.795 5054 TRC 0.805 0.005 710.8 0.804 10.00 2.36 386.8 2.320 1.500 1.860 1.840 5622 TRIPLC 1.850 -0.010 33.5 1.856 12.05 — 127.2 0.825 0.430 0.520 0.510 5042 TSRCAP 0.510 -0.010 81 0.513 8.40 — 89.0 0.165 0.110 0.155 0.150 7070 VIZIONE 0.150 -0.005 20345 0.150 115.38 — 530.8 1.680 0.890 1.250 1.230 3565 WCEHB 1.230 -0.010 209 1.238 32.20 — 1,233.4 2.467 1.645 1.750 1.730 9679 WCT 1.740 -0.010 1104.9 1.739 27.36 1.71 2,462.8 0.670 0.535 0.585 0.570 7028 ZECON 0.575 0.015 309.6 0.577 4.89 — 75.3 0.185 0.100 0.130 0.125 2283 ZELAN 0.130 0.005 336.5 0.129 — — 109.8TRADING SERVICES 0.550 0.350 0.390 0.380 5238 AAX 0.385 0.005 19226.9 0.387 18.78 — 1,597.0 0.240 0.135 0.170 0.160 5166 AEGB 0.165 0.005 448.7 0.163 — — 67.6 2.871 1.950 1.990 1.950 6599 AEON 1.960 -0.020 1469.8 1.972 34.45 1.53 2,751.8 0.435 0.160 0.335 0.320 7315 AHB 0.325 UNCH 900.3 0.327 11.13 — 54.7 3.530 2.014 3.440 3.390 5099 AIRASIA 3.400 UNCH 8869.4 3.406 6.45 5.29 11,362.7 9.336 5.838 8.450 8.320 5014 AIRPORT 8.350 0.080 2496.6 8.372 120.49 1.32 13,854.3 0.370 0.110 0.220 0.210 5115 ALAM 0.215 0.005 12792.2 0.217 — — 198.8 0.270 0.070 0.085 0.085 0159 AMEDIA 0.085 UNCH 169.7 0.085 — — 20.4 8.228 7.002 7.170 7.170 6351 AMWAY 7.170 -0.030 7 7.170 21.57 2.79 1,178.6 2.359 2.133 — — 7083 ANALABS 2.180 — — — 11.34 1.49 130.9 0.085 0.015 0.025 0.020 5194 APFT 0.025 UNCH 2344 0.025 — — 31.0 0.825 0.500 0.725 0.715 5210 ARMADA 0.715 -0.005 4357.4 0.720 — 1.15 4,194.4 0.220 0.100 0.140 0.140 1481 ASB 0.140 UNCH 691.3 0.140 33.33 1.79 94.8 2.870 2.439 2.860 2.800 6399 ASTRO 2.830 -0.030 1695.7 2.820 19.94 4.06 14,742.9 4.836 4.000 4.250 4.250 7048 ATLAN 4.250 UNCH 1 4.250 21.44 3.76 1,078.0 0.365 0.305 0.325 0.320 8885 AVI 0.320 -0.005 40 0.323 — — 274.7 1.180 0.739 1.010 0.980 7579 AWC 0.995 -0.025 1226.6 0.994 12.03 1.51 266.0 5.320 4.047 5.310 5.250 6888 AXIATA 5.290 -0.030 11138.7 5.284 79.67 1.51 47,601.4 0.653 0.272 0.510 0.495 5021 AYS 0.495 -0.005 862.6 0.503 8.13 5.05 188.3 0.740 0.430 0.450 0.435 7251 BARAKAH 0.435 -0.005 3417.1 0.443 — — 359.2 2.188 1.823 2.080 2.070 5248 BAUTO 2.080 UNCH 104 2.076 24.70 4.88 2,401.7 0.495 0.365 0.405 0.395 7241 BHS 0.405 0.005 195.8 0.400 — — 185.6 0.280 0.160 0.165 0.165 6998 BINTAI 0.165 -0.005 77 0.165 — — 47.8 6.523 5.750 5.830 5.800 5032 BIPORT 5.800 -0.030 11.9 5.804 17.31 3.79 2,668.0 2.760 1.577 2.380 2.320 5275 BISON 2.380 0.010 173.3 2.337 33.76 0.84 738.0 0.410 0.306 0.360 0.350 3395 BJCORP 0.360 UNCH 10459.9 0.357 11.29 — 1,772.5 1.943 1.371 1.520 1.490 5196 BJFOOD 1.500 -0.010 233.6 1.502 47.77 — 572.0 0.700 0.385 0.395 0.385 4219 BJLAND 0.395 UNCH 133 0.389 5.90 — 1,975.1 0.470 0.205 0.230 0.225 6025 BJMEDIA 0.225 -0.010 31.7 0.226 — — 52.9 3.129 2.213 2.370 2.350 1562 BJTOTO 2.370 UNCH 417.9 2.365 12.64 5.91 3,201.9 0.135 0.090 0.095 0.090 7036 BORNOIL 0.090 -0.005 3817.3 0.094 9.57 — 420.7 0.875 0.505 0.560 0.550 9474 BRAHIMS 0.550 -0.030 348.3 0.551 — — 130.0 3.040 2.482 3.040 3.000 2771 BSTEAD 3.030 0.010 1276.7 3.019 25.23 4.62 6,141.8 0.620 0.280 0.510 0.490 5257 CARIMIN 0.500 0.010 15017 0.503 — — 116.9 1.990 1.300 — — 5245 CARING 1.780 — — — 29.52 1.69 387.5 3.397 2.130 2.270 2.270 2925 CCB 2.270 0.050 6 2.270 11.92 2.20 228.7 1.440 0.835 1.150 1.100 7117 CENTURY 1.140 0.040 1446.5 1.128 24.26 2.63 447.7 0.550 0.385 0.520 0.520 7209 CHEETAH 0.520 UNCH 184 0.520 34.21 1.44 66.4 1.468 0.819 1.290 1.280 5273 CHINHIN 1.280 -0.010 205.8 1.281 15.59 3.13 712.2 0.675 0.417 0.520 0.510 7016 CHUAN 0.510 UNCH 152.5 0.512 11.46 3.53 86.0 0.100 0.065 0.070 0.065 5104 CNI 0.070 UNCH 360.1 0.067 — — 50.4 1.240 0.650 0.750 0.745 5136 COMPLET 0.750 UNCH 2.2 0.746 12.50 — 92.8 0.040 0.020 0.025 0.020 5037 COMPUGT 0.025 UNCH 6160 0.025 — — 53.4 2.820 1.975 2.590 2.540 5184 CYPARK 2.570 -0.010 131.7 2.559 12.90 2.02 670.8 0.865 0.482 0.540 0.515 5276 DANCO 0.530 -0.010 826.4 0.525 13.18 2.83 157.9 0.105 0.050 0.080 0.075 0091 DAYA 0.075 UNCH 1867.4 0.076 — — 143.2 1.290 0.730 0.925 0.900 5141 DAYANG 0.920 0.020 2006 0.912 — — 887.6 1.112 0.746 0.970 0.950 5132 DELEUM 0.960 0.010 475.8 0.964 18.08 3.39 384.2 0.890 0.555 0.565 0.560 7212 DESTINI 0.565 UNCH 137.7 0.561 19.42 — 652.7 2.200 1.456 2.200 2.160 7277 DIALOG 2.200 0.010 5499.9 2.183 32.02 1.09 12,411.6 6.537 4.312 4.700 4.700 5908 DKSH 4.700 UNCH 1 4.700 16.40 2.02 741.0 0.683 0.219 0.500 0.480 4456 DNEX 0.485 0.005 25424.3 0.490 12.31 1.03 850.7 1.500 1.031 1.200 1.180 5216 DSONIC 1.180 -0.020 366.4 1.187 27.96 3.39 1,593.0 0.295 0.155 0.195 0.175 2097 EASTLND 0.190 0.010 1239.7 0.188 — — 46.7 0.790 0.350 0.520 0.505 5259 EATECH 0.510 0.005 2515.6 0.513 — 4.41 257.0 0.370 0.200 — — 5036 EDARAN 0.215 — — — — — 12.9 0.290 0.165 0.195 0.190 7471 EDEN 0.195 0.005 110 0.191 — — 60.7 3.303 2.213 2.690 2.620 1368 EDGENTA 2.660 UNCH 516.3 2.662 18.10 3.01 2,212.1 0.590 0.220 0.430 0.410 0064 EFFICEN 0.420 0.010 11814.6 0.419 — — 297.8 0.976 0.758 — — 5081 EIG 0.810 — — — 17.02 3.70 192.1 2.087 1.090 1.750 1.750 5208 EITA 1.750 0.010 34.9 1.750 11.64 2.29 227.5 1.508 1.100 1.140 1.130 5056 ENGTEX 1.130 UNCH 824.1 1.130 6.49 0.88 438.9

0.609 0.370 0.520 0.520 6939 FIAMMA 0.520 UNCH 55 0.520 10.51 2.88 275.6 0.440 0.355 0.375 0.370 9318 FITTERS 0.375 UNCH 136.9 0.370 — — 180.2 1.468 1.084 1.300 1.280 7210 FREIGHT 1.300 0.020 78 1.290 11.14 3.85 242.0 0.425 0.133 0.405 0.395 0128 FRONTKN 0.400 0.005 9258.2 0.400 15.38 1.25 421.4 0.295 0.150 — — 9377 FSBM 0.235 — — — — — 33.2 3.054 2.352 2.920 2.870 5209 GASMSIA 2.900 0.030 112 2.889 22.17 4.43 3,723.6 0.820 0.610 0.675 0.665 0078 GDEX 0.665 -0.005 1480.4 0.667 99.25 0.38 3,708.2 6.259 4.331 5.370 5.250 4715 GENM 5.270 -0.090 15932.5 5.286 10.80 1.94 31,293.5 9.960 7.382 9.630 9.450 3182 GENTING 9.500 -0.130 2715.6 9.518 12.78 1.21 36,583.6 0.330 0.185 0.215 0.215 5079 GETS 0.215 UNCH 10 0.215 — — 27.1 3.270 2.704 3.270 3.120 3204 GKENT 3.230 0.120 3712.6 3.218 16.62 2.22 1,819.4 0.555 0.300 0.400 0.400 7676 GUNUNG 0.400 UNCH 50 0.400 — — 94.5 5.300 2.184 5.190 5.130 7668 HAIO 5.190 0.050 69.7 5.172 22.24 2.76 1,552.1 0.335 0.200 0.245 0.240 7253 HANDAL 0.240 UNCH 92.5 0.241 — — 38.4 9.350 7.192 9.200 9.110 3034 HAPSENG 9.120 UNCH 418.7 9.148 21.46 3.84 22,705.9 0.926 0.660 0.700 0.680 2062 HARBOUR 0.690 -0.010 90.6 0.682 10.30 2.90 276.3 4.077 2.994 4.020 4.000 5008 HARISON 4.000 UNCH 29.2 4.000 12.40 6.25 274.0 1.210 0.386 1.140 1.120 0185 HSSEB 1.120 -0.020 326.5 1.134 23.53 0.56 357.4 0.150 0.050 0.150 0.135 7013 HUBLINE 0.150 0.010 68468.9 0.146 62.50 — 227.1 0.480 0.210 0.295 0.280 5255 ICON 0.285 0.005 14413.7 0.287 — — 335.5 6.567 5.512 5.910 5.690 5225 IHH 5.910 0.200 3694.9 5.748 53.05 0.51 48,693.1 0.920 0.675 0.690 0.690 5614 ILB 0.690 UNCH 73 0.690 — — 134.6 0.900 0.670 0.710 0.705 5673 IPMUDA 0.710 0.005 4 0.708 — 4.23 51.5 2.166 1.385 1.800 1.800 0058 JCBNEXT 1.800 0.020 74.5 1.800 31.75 1.11 252.0 0.310 0.235 0.270 0.260 8923 JIANKUN 0.270 -0.005 30.2 0.265 — — 45.0 0.395 0.295 0.355 0.350 8672 KAMDAR 0.355 UNCH 34.7 0.355 — — 70.3 1.862 1.606 1.700 1.690 6491 KFIMA 1.690 UNCH 59.8 1.695 18.41 5.33 477.0 0.739 0.236 0.645 0.635 0151 KGB 0.640 0.005 289.3 0.638 12.85 1.56 147.1 1.680 1.000 — — 5035 KNUSFOR 1.040 — — — — — 103.6 1.140 0.944 1.040 1.010 5878 KPJ 1.040 0.020 2151.2 1.025 29.71 1.68 4,451.9 1.678 1.022 1.390 1.370 5843 KPS 1.390 UNCH 117.6 1.374 1158.33 4.50 693.6 0.590 0.485 0.520 0.520 9121 KPSCB 0.520 UNCH 121 0.520 11.23 — 76.9 0.225 0.115 0.145 0.140 4847 KTB 0.145 UNCH 485.5 0.145 — — 58.4 0.628 0.299 0.495 0.480 6874 KUB 0.485 0.005 2271.4 0.485 9.57 2.06 269.9 0.380 0.230 0.260 0.260 7170 LFECORP 0.260 -0.005 41 0.260 — — 48.3 0.815 0.420 0.815 0.760 8486 LIONFIB 0.810 0.060 1381.7 0.796 12.52 — 187.6 0.890 0.449 0.815 0.805 5143 LUXCHEM 0.810 -0.005 1316.3 0.808 14.59 2.88 684.3 2.270 1.643 1.810 1.790 3859 MAGNUM 1.810 0.010 430.7 1.799 13.59 6.63 2,602.3 1.573 0.968 1.050 1.020 5264 MALAKOF 1.030 -0.010 2815.5 1.033 14.95 5.83 5,150.0 0.179 0.135 0.145 0.145 3514 MARCO 0.145 UNCH 5 0.145 8.73 3.45 152.9 6.493 5.368 5.920 5.790 6012 MAXIS 5.850 -0.050 2788.9 5.848 21.11 3.42 45,691.6 0.955 0.670 0.835 0.825 5077 MAYBULK 0.825 0.005 222.7 0.829 — — 825.0 2.612 2.020 2.060 2.040 5983 MBMR 2.060 0.010 72.2 2.050 12.49 2.18 805.2 1.266 0.655 0.885 0.855 4502 MEDIA 0.860 UNCH 6246.2 0.868 — 9.30 953.9 0.668 0.435 0.475 0.460 5090 MEDIAC 0.465 -0.005 950.8 0.466 2.04 6.60 784.6 1.120 0.550 1.110 0.970 7234 MESB 1.110 0.145 1147.7 1.065 — — 60.6 3.978 1.924 3.680 3.580 3069 MFCB 3.670 0.090 393.2 3.653 9.18 1.36 1,507.5 1.160 0.625 0.785 0.750 5186 MHB 0.775 0.025 2084.1 0.772 — — 1,240.0 7.752 6.720 7.220 7.140 3816 MISC 7.210 0.010 2414.3 7.173 16.98 1.94 32,183.9 2.606 1.860 1.890 1.860 2194 MMCCORP 1.860 -0.030 1313.5 1.870 11.51 2.15 5,663.8 0.395 0.205 0.305 0.290 0059 MMODE 0.295 -0.010 183 0.301 — 2.03 48.0 0.100 0.045 0.060 0.055 0043 MTRONIC 0.055 UNCH 9287 0.055 — — 52.2 0.280 0.115 0.195 0.190 3891 MUIIND 0.190 -0.005 5655.9 0.192 — — 557.2 3.050 1.950 2.470 2.420 3905 MULPHA 2.440 0.010 36 2.451 4.97 — 779.9 2.370 2.000 2.080 2.050 0138 MYEG 2.060 UNCH 6661 2.061 36.98 0.67 7,429.0 0.910 0.680 0.710 0.700 9806 NATWIDE 0.700 -0.005 48 0.701 — — 84.2 0.140 0.055 0.060 0.060 4464 NICORP 0.060 UNCH 451 0.060 5.04 — 52.6 0.828 0.631 — — 5533 OCB 0.715 — — — 14.19 1.40 73.5 0.985 0.750 0.900 0.885 0172 OCK 0.885 -0.015 359.4 0.894 27.15 0.68 771.3 3.407 1.763 2.640 2.600 5201 OLDTOWN 2.620 UNCH 2444.7 2.617 18.70 2.67 1,213.7 0.210 0.070 0.140 0.135 3018 OLYMPIA 0.135 -0.005 4104 0.138 5.04 — 138.2 2.540 1.120 1.160 1.150 5260 OWG 1.160 UNCH 389.8 1.155 46.77 — 298.7 0.498 0.380 0.395 0.380 8419 PANSAR 0.395 UNCH 116 0.383 23.37 2.53 110.6 0.710 0.425 0.700 0.690 5125 PANTECH 0.700 UNCH 1307.3 0.696 14.55 2.46 520.3 0.785 0.510 0.665 0.650 5657 PARKSON 0.650 -0.015 989 0.655 — — 711.0 1.310 1.085 1.240 1.220 5041 PBA 1.230 -0.010 145 1.229 6.44 3.25 407.5 0.085 0.040 0.055 0.050 6254 PDZ 0.050 UNCH 485 0.050 26.32 — 43.5 1.250 0.876 — — 5133 PENERGY 1.030 — — — — 1.94 331.4 1.550 1.540 — — 7108 PERDANA 1.540 — — — — — 1,198.8 0.100 0.035 0.045 0.040 0047 PERISAI 0.040 -0.005 4016 0.041 — — 50.4 0.420 0.115 0.355 0.345 7080 PERMAJU 0.355 UNCH 3603.6 0.351 — — 69.6 1.770 1.510 1.640 1.610 5219 PESTECH 1.620 0.010 420.4 1.624 12.70 — 1,238.2 25.100 22.389 24.300 24.260 5681 PETDAG 24.300 0.020 155 24.28 24.04 2.96 24,140.9 0.250 0.030 — — 7027 PETONE 0.055 — — — 1.61 — 2.8 5.524 4.120 4.140 4.140 7081 PHARMA 4.140 0.010 1.9 4.140 26.39 3.62 1,075.7 0.189 0.118 0.135 0.130 7201 PICORP 0.135 -0.005 180 0.132 — 4.52 88.8 0.420 0.225 0.310 0.300 7163 PJBUMI 0.310 -0.010 43 0.305 — — 25.4 5.665 3.685 5.320 5.210 4634 POS 5.300 0.090 1429.3 5.294 44.92 2.02 4,148.7 2.516 1.601 1.770 1.740 5204 PRESBHD 1.740 -0.020 89.4 1.750 75.65 1.87 842.2 2.180 1.410 — — 8346 PRKCORP 1.590 — — — — — 159.0 0.350 0.123 0.295 0.285 0186 PTRANS 0.285 -0.005 6338.4 0.289 11.54 2.56 358.3 0.914 0.790 0.805 0.795 5272 RANHILL 0.800 UNCH 69.6 0.800 11.24 9.75 710.7 0.360 0.180 0.315 0.305 0037 RGB 0.305 -0.005 4761.7 0.308 15.02 1.97 408.3 0.687 0.390 0.425 0.410 8567 SALCON 0.415 UNCH 1138.6 0.418 — — 281.2 1.134 0.762 0.940 0.925 5147 SAMCHEM 0.940 0.015 217.2 0.934 16.01 3.72 255.7 0.315 0.110 0.235 0.230 9113 SANBUMI 0.235 UNCH 406.1 0.232 — — 53.2 2.364 1.700 1.870 1.850 0099 SCICOM 1.870 UNCH 11 1.865 14.41 4.81 664.7 0.215 0.090 0.175 0.165 7158 SCOMI 0.165 -0.005 5381.8 0.169 — — 316.4 0.270 0.090 0.145 0.140 7045 SCOMIES 0.145 0.005 1858.3 0.142 — — 339.6 1.160 0.950 — — 7053 SEEHUP 1.050 — — — — 6.86 54.9 0.769 0.655 0.660 0.660 9792 SEG 0.660 -0.005 169.9 0.660 25.88 5.30 834.4 1.911 1.120 1.580 1.540 5250 SEM 1.580 -0.010 325.6 1.567 45.40 1.46 1,948.7 2.100 1.324 1.480 1.450 5218 SENERGY 1.450 -0.020 10972.9 1.461 201.39 0.69 8,688.6 2.680 1.475 2.680 2.450 5279 SERBADK 2.640 0.140 12888.4 2.615 10.29 — 3,524.4 9.700 7.464 9.160 9.050 4197 SIME 9.090 -0.050 8180 9.091 33.13 2.97 61,819.6 0.749 0.600 — — 9431 SJC 0.600 — — — 32.09 1.67 24.3 1.380 0.990 1.010 0.990 5242 SOLID 0.990 -0.005 26.7 0.994 36.00 0.81 165.8 2.151 1.630 1.720 1.700 6084 STAR 1.700 -0.010 256.5 1.705 30.30 8.82 1,255.6 3.090 2.262 — — 9865 SUIWAH 2.750 — — — 16.42 0.36 167.8 0.100 0.045 0.060 0.050 1201 SUMATEC 0.055 UNCH 9838.3 0.055 — — 212.6 1.951 1.217 1.830 1.800 5211 SUNWAY 1.800 -0.020 9113.7 1.813 13.63 2.61 8,852.6 2.257 1.865 2.040 2.010 6521 SURIA 2.010 -0.010 93 2.024 9.46 3.48 579.2 0.345 0.230 0.245 0.235 5173 SYSCORP 0.245 0.015 143 0.239 51.04 — 294.0 0.490 0.285 0.395 0.385 7228 T7GLOBAL 0.395 UNCH 519 0.389 21.01 — 150.7 1.722 1.300 1.380 1.350 8524 TALIWRK 1.380 0.010 5.7 1.376 26.04 5.80 1,669.1 2.667 1.447 2.300 2.290 5140 TASCO 2.290 -0.030 9.1 2.295 14.45 1.97 458.0 14.800 12.832 14.280 14.180 5347 TENAGA 14.200 -0.040 3394.7 14.22 11.55 2.75 80,358.0 1.573 0.990 — — 8702 TEXCHEM 1.030 — — — 55.68 19.42 127.8 0.195 0.045 0.085 0.070 7206 THHEAVY 0.075 -0.015 9501.2 0.079 — — 84.1 6.586 5.601 6.230 6.110 4863 TM 6.150 -0.070 1711.2 6.143 30.73 3.51 23,111.3 0.990 0.730 0.790 0.780 0101 TMCLIFE 0.790 UNCH 555.8 0.786 65.83 0.15 1,371.6 1.806 1.459 1.540 1.540 8397 TNLOGIS 1.540 UNCH 34.6 1.540 9.50 1.30 708.4 1.060 0.410 — — 7218 TOCEAN 0.630 — — — 49.61 — 25.8 1.000 0.735 0.850 0.785 5167 TURBO 0.785 -0.025 11 0.802 27.84 6.37 84.8 2.892 2.400 — — 7137 UMS 2.500 — — — 15.84 2.40 101.7 0.915 0.271 0.315 0.300 5243 UMWOG 0.305 0.005 31324.3 0.306 — — 2,505.8 1.294 1.020 1.040 1.030 7091 UNIMECH 1.040 UNCH 22.5 1.038 16.15 2.88 136.4 0.730 0.365 — — 5754 UTUSAN 0.385 — — — — — 42.6 1.980 1.280 1.410 1.380 7250 UZMA 1.380 -0.010 511.3 1.397 13.70 — 441.6 1.240 0.600 1.220 1.170 7240 VOIR 1.180 UNCH 429.2 1.188 — — 171.3 2.140 1.655 2.000 1.990 5016 WARISAN 2.000 0.010 1.1 1.991 — 1.50 134.4 0.580 0.420 — — 7692 WIDETEC 0.500 — — — 30.30 — 22.4 4.291 3.542 3.870 3.810 5246 WPRTS 3.870 0.040 977.3 3.845 22.15 3.38 13,196.7 1.448 1.020 1.080 1.050 5267 XINHWA 1.060 0.010 796 1.068 22.32 0.94 229.0 0.075 0.020 — — 7122 YFG 0.025 — — — — — 15.2 3.680 2.794 3.600 3.530 7293 YINSON 3.580 -0.010 7424.7 3.582 15.14 1.12 3,912.2 1.687 1.350 1.390 1.370 4677 YTL 1.380 0.010 4612.3 1.376 18.06 3.62 15,056.6FINANCE 4.400 3.446 3.910 3.880 2488 ABMB 3.890 0.010 788.1 3.891 11.55 4.11 6,022.1 13.674 11.980 13.200 13.080 5139 AEONCR 13.200 0.140 125 13.14 9.86 3.24 2,863.8 2.949 2.077 2.600 2.580 5185 AFFIN 2.580 -0.010 71.9 2.582 8.65 2.91 5,012.8 15.600 9.492 14.320 14.000 1163 ALLIANZ 14.260 -0.060 6.2 14.13 8.30 0.63 2,488.4 15.100 9.511 — — 1163PA ALLIANZ-PA 14.500 — — — — 0.74 1,259.3 5.551 3.754 4.450 4.420 1015 AMBANK 4.450 0.020 2855.2 4.442 10.06 3.96 13,413.1 1.950 1.263 — — 5088 APEX 1.700 — — — 23.19 2.94 363.1 4.610 3.996 4.270 4.260 5258 BIMB 4.270 UNCH 951.2 4.270 12.12 3.04 6,993.2 10.760 7.782 10.080 9.980 1818 BURSA 10.080 0.040 1313.8 10.05 25.67 3.67 5,418.0 6.937 4.305 6.300 6.260 1023 CIMB 6.290 0.010 10968.4 6.293 13.39 3.97 56,937.8 0.705 0.320 0.535 0.520 2143 ECM 0.535 0.015 17.4 0.525 57.53 — 153.3 1.218 1.074 1.170 1.160 5228 ELKDESA 1.170 0.010 101.9 1.166 11.88 5.74 346.1 16.300 12.649 15.940 15.860 5819 HLBANK 15.920 0.020 2028.5 15.88 15.19 2.83 34,510.1 10.100 7.327 — — 5274 HLCAP 9.980 — — — 30.41 1.90 2,464.0 17.735 13.892 17.000 16.840 1082 HLFG 17.000 0.080 69.3 16.956 12.91 2.24 19,507.8 2.610 2.590 — — 6688 HWANG 2.610 — — — 18.60 1.15 666.0 1.140 0.666 0.975 0.965 3379 INSAS 0.975 UNCH 977.8 0.968 3.57 1.03 676.0 0.970 0.896 — — 3379PA INSAS-PA 0.970 — — — — 6.19 128.6 0.395 0.150 0.285 0.255 3441 JOHAN 0.260 0.005 14340.8 0.267 — — 162.0 0.690 0.415 0.550 0.540 6483 KENANGA 0.540 UNCH 66.3 0.542 33.13 4.17 390.2 19.302 15.252 18.260 18.200 8621 LPI 18.200 0.040 20.7 18.22 19.35 4.51 6,042.1 0.875 0.771 0.790 0.775 1198 MAA 0.775 -0.015 27 0.784 8.27 11.61 212.0 3.260 2.837 — — 1058 MANULFE 3.240 — — — 11.99 3.24 655.7 9.629 7.165 9.550 9.510 1155 MAYBANK 9.550 0.010 5258.4 9.537 12.91 5.76 101,194.9 1.380 0.850 1.140 1.130 1171 MBSB 1.140 0.010 1161.2 1.132 21.55 2.63 6,753.8 2.840 2.310 2.400 2.310 6459 MNRB 2.360 -0.040 405.1 2.354 8.08 — 754.3 1.830 1.160 1.330 1.320 5237 MPHBCAP 1.330 UNCH 202.5 1.329 15.85 — 951.0 1.309 1.250 1.280 1.260 6009 P&O 1.260 -0.010 23.5 1.263 27.21 6.90 309.9 20.900 18.835 20.600 20.520 1295 PBBANK 20.560 UNCH 4468.6 20.54 14.97 2.87 79,816.8 1.887 1.179 1.570 1.540 9296 RCECAP 1.550 UNCH 289.6 1.546 6.28 1.94 550.8 5.495 4.428 5.140 5.080 1066 RHBBANK 5.110 0.030 713.5 5.113 11.58 2.35 20,491.3 0.708 0.422 0.640 0.625 4898 TA 0.630 UNCH 732.1 0.631 2.96 2.70 1,078.5 4.250 3.580 3.860 3.830 6139 TAKAFUL 3.860 0.040 40.1 3.850 17.05 4.06 3,177.3 1.620 0.980 1.160 1.140 5230 TUNEPRO 1.150 -0.010 602.7 1.151 15.48 4.52 864.5PROPERTIES 0.852 0.713 0.805 0.790 1007 AMPROP 0.805 0.015 446.3 0.802 47.35 3.73 489.9

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

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

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THURSDAY OCTOBER 12, 2017 • 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)

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

1.850 0.990 1.330 1.320 5959 A&M 1.330 0.040 3 1.329 26.28 — 485.5 0.409 0.328 0.400 0.380 1007PA AMPROP-PA 0.395 0.015 25.5 0.398 — 5.06 114.6 0.230 0.145 0.170 0.160 4057 ASIAPAC 0.160 -0.005 3832.9 0.165 14.29 — 160.8 0.525 0.420 0.470 0.460 6602 BCB 0.465 0.005 106.8 0.464 18.90 — 191.8 0.665 0.425 0.430 0.430 9814 BERTAM 0.430 -0.005 10 0.430 1.73 — 88.9 1.400 0.730 1.200 1.180 3239 BJASSET 1.200 UNCH 114.9 1.187 — — 1,427.0 1.500 1.040 1.370 1.340 5738 CHHB 1.370 0.010 8 1.353 — — 377.7 1.706 1.390 1.570 1.570 6718 CRESNDO 1.570 UNCH 10 1.570 10.50 3.18 440.3 1.720 1.244 — — 5049 CVIEW 1.600 — — — 5.36 9.38 160.0 2.390 2.100 2.370 2.320 5355 DAIMAN 2.340 UNCH 38.3 2.350 20.78 2.35 496.5 1.040 0.500 0.570 0.560 3484 DBHD 0.565 0.005 82.6 0.568 — — 174.8 2.089 1.373 1.580 1.550 3417 E&O 1.580 UNCH 292.5 1.571 19.06 1.90 2,096.2 0.325 0.250 0.305 0.300 3557 ECOFIRS 0.305 UNCH 446.5 0.303 14.81 — 245.0 1.720 1.300 1.530 1.510 8206 ECOWLD 1.520 UNCH 827 1.520 20.46 — 4,475.4 0.920 0.570 0.810 0.770 6076 ENCORP 0.780 0.010 364.8 0.791 6.33 — 229.3 3.180 1.930 2.500 2.500 8613 ENRA 2.500 -0.030 4 2.500 30.30 1.20 340.5 1.240 0.740 1.230 1.170 6815 EUPE 1.210 0.040 1113.1 1.213 — — 154.9 1.360 1.000 1.060 1.040 5283 EWINT 1.050 -0.010 211.4 1.050 — — 2,520.0 0.617 0.468 0.515 0.500 6041 FARLIM 0.500 UNCH 12 0.508 10.08 4.00 70.2 0.763 0.610 0.665 0.645 5020 GLOMAC 0.645 -0.020 378.4 0.655 18.75 4.65 469.4 0.523 0.367 0.405 0.405 9962 GMUTUAL 0.405 0.005 0.1 0.405 9.18 4.94 152.1 0.470 0.290 0.390 0.390 1147 GOB 0.390 UNCH 802.6 0.390 7.98 1.28 177.3 1.450 1.110 1.150 1.130 1503 GUOCO 1.140 -0.010 96.5 1.139 6.27 1.75 798.5 0.570 0.370 — — 7010 HOOVER 0.460 — — — 45.10 — 18.4 1.314 0.781 0.820 0.815 5062 HUAYANG 0.820 UNCH 12.2 0.820 7.45 4.88 288.6 0.648 0.537 0.565 0.560 4251 IBHD 0.565 UNCH 158.5 0.565 8.03 3.33 569.5 1.050 0.755 — — 5084 IBRACO 0.915 — — — 32.45 3.83 454.2 2.938 2.318 2.830 2.820 1597 IGB 2.820 -0.020 80.2 2.823 9.81 3.55 3,850.1 2.294 1.798 2.020 1.950 5249 IOIPG 1.980 -0.040 6744.7 1.975 11.33 3.03 10,902.2 0.620 0.370 0.385 0.375 5175 IVORY 0.375 -0.010 85 0.381 15.69 — 183.8 3.290 0.785 1.290 1.260 1589 IWCITY 1.270 0.010 4955.1 1.278 — — 1,063.5 0.154 0.095 0.105 0.105 6769 JKGLAND 0.105 UNCH 1170 0.105 15.44 2.19 238.9 0.085 0.040 0.070 0.065 3115 KBUNAI 0.070 0.005 87.7 0.067 15.22 — 404.4 1.100 0.798 0.930 0.930 7323 KEN 0.930 UNCH 75.7 0.930 4.28 2.69 178.3 1.330 0.995 1.280 1.260 5038 KSL 1.270 UNCH 295 1.272 4.14 — 1,317.6 0.298 0.210 0.225 0.220 3174 L&G 0.225 0.005 7957.9 0.220 7.55 — 659.0 1.287 1.010 — — 8494 LBICAP 1.010 — — — — 10.40 81.5 2.057 1.546 1.840 1.810 5789 LBS 1.840 0.030 2440.5 1.813 11.45 2.17 1,248.6 0.460 0.235 0.350 0.345 3573 LIENHOE 0.345 -0.010 60 0.347 — — 124.8 1.690 0.941 1.400 1.350 7617 MAGNA 1.400 0.010 38 1.377 70.00 4.29 468.9 1.586 1.281 1.510 1.500 8583 MAHSING 1.510 UNCH 408.9 1.507 11.32 4.30 3,650.9 1.940 0.609 1.200 1.180 6181 MALTON 1.190 UNCH 2265.1 1.186 9.50 2.10 628.2 2.290 1.798 2.220 2.200 5236 MATRIX 2.210 UNCH 502 2.212 8.84 4.98 1,633.0 1.880 1.000 1.600 1.600 7189 MBWORLD 1.600 UNCH 29.8 1.600 6.65 2.19 251.8 1.200 0.750 0.880 0.850 5182 MCT 0.880 UNCH 17.5 0.858 18.53 — 1,174.6 0.525 0.405 0.415 0.410 5040 MEDAINC 0.410 UNCH 70.5 0.411 36.28 — 201.9 1.020 0.680 0.900 0.895 1694 MENANG 0.900 UNCH 134.3 0.899 21.23 — 240.4 0.605 0.250 0.385 0.380 8141 MJPERAK 0.380 -0.010 156.5 0.381 90.48 5.63 97.7 2.614 2.060 2.150 2.120 6114 MKH 2.130 UNCH 245.3 2.135 5.49 3.18 1,199.4 0.360 0.250 0.260 0.255 8893 MKLAND 0.255 UNCH 242 0.258 17.00 — 307.9 0.215 0.085 0.155 0.155 6548 MPCORP 0.155 0.005 15 0.155 — — 44.6 1.536 0.870 0.940 0.910 1651 MRCB 0.940 0.030 21593.8 0.929 9.03 2.55 4,122.1 1.080 0.540 0.600 0.600 9539 MUH 0.600 UNCH 36 0.600 — — 33.9 0.365 0.230 0.320 0.295 3913 MUIPROP 0.320 0.020 634.9 0.310 355.56 — 244.5 1.900 1.140 1.240 1.210 5073 NAIM 1.220 -0.010 32 1.227 — — 305.0 2.910 2.192 2.500 2.450 5827 OIB 2.500 0.020 1 2.480 9.41 2.80 362.2 1.679 1.322 1.630 1.610 5053 OSK 1.630 UNCH 222.6 1.623 9.25 4.60 2,286.7 1.849 1.285 1.740 1.730 1724 PARAMON 1.740 0.010 19.1 1.733 11.40 4.89 738.3 0.695 0.445 0.660 0.660 6912 PASDEC 0.660 UNCH 50 0.660 — — 188.7 1.820 1.540 1.670 1.650 5075 PLENITU 1.650 -0.010 8.5 1.656 12.55 2.73 629.5 0.425 0.225 0.375 0.370 2208 PTGTIN 0.375 0.005 60.3 0.371 — — 129.8 1.270 0.900 0.935 0.935 4596 SAPRES 0.935 0.005 5 0.935 1.22 3.21 130.5 0.820 0.660 0.680 0.680 5207 SBCCORP 0.680 UNCH 34.1 0.680 — — 159.7 1.139 0.764 1.090 1.070 2224 SDRED 1.090 UNCH 10 1.072 8.34 2.29 464.5 0.580 0.370 0.430 0.425 4286 SEAL 0.430 -0.005 88 0.427 — — 104.5 2.860 2.704 2.840 2.820 6017 SHL 2.830 UNCH 12.6 2.836 8.48 7.07 685.2 0.305 0.140 0.225 0.225 4375 SMI 0.225 -0.005 90 0.225 1.57 — 47.2 1.000 0.690 0.780 0.775 5213 SNTORIA 0.780 0.005 19 0.777 10.88 — 389.3 5.190 4.211 4.800 4.760 1783 SPB 4.770 0.020 41.6 4.786 12.65 2.52 1,639.1 4.264 2.937 3.480 3.410 8664 SPSETIA 3.440 -0.020 395.2 3.438 5.02 5.81 10,273.4 1.590 0.895 1.410 1.380 3743 SUNSURIA 1.410 0.010 78.9 1.392 13.81 — 1,126.4 1.035 0.604 0.890 0.880 1538 SYMLIFE 0.885 0.005 85 0.885 6.15 3.39 274.4 0.410 0.215 0.370 0.365 5158 TAGB 0.365 UNCH 952.9 0.368 7.43 1.10 1,942.4 7.600 6.304 6.950 6.950 2305 TAHPS 6.950 0.050 1.2 6.950 31.41 0.72 520.2 0.055 0.035 0.050 0.045 2259 TALAMT 0.045 UNCH 1443.4 0.045 — — 189.9 1.465 1.090 1.110 1.090 5191 TAMBUN 1.090 UNCH 401.2 1.093 4.48 9.17 472.3 0.140 0.055 0.130 0.125 2429 TANCO 0.130 -0.005 3346.5 0.130 — — 86.0 0.315 0.170 — — 7889 THRIVEN 0.250 — — — — — 94.2 0.085 0.040 0.050 0.040 7079 TIGER 0.045 UNCH 76611.7 0.045 — — 73.2 1.930 1.380 1.460 1.430 5239 TITIJYA 1.430 0.010 60 1.440 7.31 0.35 586.3 1.044 0.920 0.950 0.935 5401 TROP 0.940 -0.010 310.8 0.941 9.14 2.13 1,377.8 1.360 0.995 1.110 1.100 5148 UEMS 1.110 0.010 3570.7 1.108 20.56 1.44 5,036.6 2.700 2.096 2.660 2.610 5200 UOADEV 2.650 0.040 173.8 2.648 6.41 5.66 4,595.8 0.525 0.229 0.305 0.295 6378 WMG 0.300 -0.005 101.6 0.301 — — 127.9 1.279 0.866 0.955 0.955 7003 Y&G 0.955 UNCH 0.8 0.955 14.71 — 190.4 1.620 1.330 1.410 1.380 3158 YNHPROP 1.410 -0.010 70.7 1.397 22.10 — 745.9 1.680 1.110 1.640 1.620 7066 YONGTAI 1.620 -0.010 2477.3 1.630 45.89 — 706.3 0.670 0.550 0.560 0.560 2577 YTLLAND 0.560 UNCH 61.2 0.560 55.45 — 472.8MINING 1.630 1.150 1.490 1.490 2186 KUCHAI 1.490 UNCH 7 1.490 4.11 0.57 184.4PLANTATIONS 0.285 0.195 0.230 0.205 7054 AASIA 0.215 0.010 445.5 0.215 — — 141.9 19.575 17.198 19.320 19.220 1899 BKAWAN 19.300 0.080 89.5 19.29 12.28 2.85 8,413.9 8.639 8.380 8.400 8.400 5069 BLDPLNT 8.400 UNCH 3 8.400 50.48 0.48 785.4 1.666 1.349 1.630 1.610 5254 BPLANT 1.630 UNCH 143.1 1.624 16.93 8.59 2,608.0 1.000 0.658 0.905 0.900 8982 CEPAT 0.900 UNCH 237.6 0.902 8.59 1.67 286.6 8.244 7.360 — — 1929 CHINTEK 8.000 — — — 41.17 2.38 730.9 0.705 0.385 0.650 0.630 3948 DUTALND 0.630 -0.020 5553.5 0.637 40.38 — 533.1 9.800 7.205 9.050 9.050 5029 FAREAST 9.050 -0.020 13.2 9.050 8.30 3.31 1,279.6 2.437 1.412 1.830 1.770 5222 FGV 1.830 0.070 24686.8 1.807 102.81 0.55 6,676.1 11.614 10.066 10.640 10.520 2291 GENP 10.540 0.040 321.9 10.54 18.83 1.28 8,467.6 0.658 0.560 0.600 0.595 7382 GLBHD 0.595 -0.005 30 0.598 48.77 1.68 132.6 1.410 1.105 — — 2135 GOPENG 1.400 — — — 47.14 2.86 251.1 0.890 0.670 0.690 0.690 7501 HARNLEN 0.690 -0.010 0.1 0.690 36.13 — 128.0 2.700 2.276 2.660 2.630 5138 HSPLANT 2.630 -0.070 5 2.644 13.96 5.51 2,104.0 3.616 2.860 — — 2216 IJMPLNT 2.860 — — — 23.60 2.45 2,518.5 0.734 0.650 0.675 0.665 2607 INCKEN 0.675 UNCH 249.2 0.671 198.53 1.66 284.0 1.452 0.639 1.240 1.220 6262 INNO 1.220 -0.030 5.1 1.240 14.91 1.64 584.2 4.757 4.208 4.570 4.500 1961 IOICORP 4.510 -0.010 12126.9 4.516 38.68 2.11 28,340.2 25.137 22.521 24.840 24.520 2445 KLK 24.700 -0.080 183.2 24.67 23.10 2.02 26,367.4 3.690 2.990 3.550 3.550 2453 KLUANG 3.550 UNCH 27 3.550 121.58 0.28 224.3 4.410 3.074 4.410 4.400 5027 KMLOONG 4.400 0.010 5.5 4.402 14.64 3.86 1,371.9 0.695 0.501 0.550 0.545 1996 KRETAM 0.550 0.005 123 0.549 29.10 1.82 1,280.2 1.750 1.290 1.430 1.430 6572 KWANTAS 1.430 -0.030 3.5 1.430 10.56 — 445.7 1.550 1.240 — — 4936 MALPAC 1.360 — — — — — 102.0 0.963 0.790 0.880 0.855 5026 MHC 0.855 -0.005 26.7 0.866 10.15 1.75 168.0 2.388 1.700 — — 5047 NPC 1.900 — — — 6.25 0.53 228.0 4.239 3.900 3.950 3.920 2038 NSOP 3.920 -0.030 2.7 3.924 31.74 1.53 275.2 0.315 0.190 0.220 0.220 1902 PINEPAC 0.220 0.005 24 0.220 — — 33.0 1.380 0.965 — — 9695 PLS 1.000 — — — — — 326.7 0.550 0.400 0.410 0.405 5113 RSAWIT 0.405 -0.005 189 0.407 — — 574.5 4.100 3.444 — — 2542 RVIEW 3.570 — — — 14.68 1.68 231.5 3.280 2.900 3.070 3.040 2569 SBAGAN 3.050 -0.020 11 3.051 — 0.66 202.3 0.720 0.505 — — 4316 SHCHAN 0.580 — — — — — 69.6 4.240 3.480 4.220 4.150 5126 SOP 4.170 -0.040 269.3 4.172 10.62 1.20 2,380.2 1.850 1.520 1.600 1.600 5135 SWKPLNT 1.600 0.010 5 1.600 11.07 — 448.0 0.730 0.495 0.505 0.495 2054 TDM 0.500 UNCH 339.6 0.501 48.08 1.00 828.9 1.207 0.998 1.110 1.100 5112 THPLANT 1.100 -0.010 31.2 1.108 5.89 5.45 972.2 1.928 1.560 1.690 1.660 9059 TSH 1.660 -0.030 92.5 1.684 44.15 1.20 2,293.8 6.830 5.330 6.580 6.550 2593 UMCCA 6.580 0.030 14.8 6.560 15.74 3.04 1,378.3 28.700 25.323 27.340 27.340 2089 UTDPLT 27.340 -0.100 1 27.34 14.76 1.46 5,690.4HOTELS 0.628 0.483 — — 5592 GCE 0.530 — — — — 3.77 104.4 1.000 0.680 0.760 0.745 1643 LANDMRK 0.760 0.010 47 0.749 — — 402.0 0.230 0.115 0.160 0.155 1287 PMHLDG 0.155 -0.005 258.4 0.159 — — 144.0 5.620 4.860 5.320 5.320 5517 SHANG 5.320 -0.010 0.1 5.320 30.43 2.63 2,340.8TECHNOLOGY 0.715 0.585 0.620 0.620 7031 AMTEL 0.620 UNCH 1 0.620 56.36 — 30.6 0.420 0.180 0.295 0.290 5195 CENSOF 0.295 0.005 947.3 0.290 — — 148.0 0.400 0.105 0.350 0.320 0051 CUSCAPI 0.325 -0.010 43549.5 0.335 — — 156.9 0.729 0.283 0.655 0.620 7204 D&O 0.640 0.025 13557.8 0.641 42.11 — 640.5 0.710 0.110 0.410 0.325 8338 DATAPRP 0.335 -0.055 26750.7 0.353 — — 141.2 0.235 0.140 0.155 0.140 0029 DIGISTA 0.150 0.010 6444 0.149 — — 89.9 1.578 1.304 1.390 1.370 5162 ECS 1.370 -0.010 12.4 1.383 8.62 4.38 246.6 1.520 0.539 1.440 1.420 0065 EFORCE 1.430 UNCH 668.5 1.428 92.86 0.87 591.6 2.917 1.190 2.610 2.550 0090 ELSOFT 2.610 0.060 131.2 2.587 22.03 1.92 718.1 1.870 0.790 1.690 1.660 0021 GHLSYS 1.680 0.010 479.5 1.675 55.81 0.30 1,107.9 0.455 0.210 0.375 0.365 0082 GPACKET 0.365 UNCH 4733.8 0.369 3.33 — 276.9 0.280 0.175 0.255 0.240 0056 GRANFLO 0.240 -0.010 505.8 0.243 — — 115.9 6.650 3.190 6.390 6.340 7022 GTRONIC 6.340 -0.020 250.6 6.360 65.63 0.63 1,807.2 0.923 0.490 0.795 0.795 5028 HTPADU 0.795 UNCH 5 0.795 7.04 6.29 80.5 2.630 1.956 2.630 2.580 0166 INARI 2.630 0.050 5404.4 2.620 22.46 2.83 5,317.3 0.435 0.075 0.195 0.180 9393 ITRONIC 0.190 0.005 777.2 0.188 — — 19.5 0.675 0.445 0.525 0.515 5161 JCY 0.525 UNCH 1475 0.520 33.02 8.57 1,090.4 16.960 7.786 16.820 16.560 9334 KESM 16.780 -0.040 45.3 16.702 16.39 0.39 721.8 0.285 0.060 0.285 0.170 0143 KEYASIC 0.270 0.105 248783 0.247 — — 240.4 14.500 7.086 14.500 14.060 3867 MPI 14.400 0.340 175 14.324 15.37 1.88 3,022.3 1.467 0.960 1.190 1.190 5011 MSNIAGA 1.190 UNCH 2 1.190 15.91 4.20 71.9 1.327 0.343 0.960 0.935 0083 NOTION 0.950 0.020 1386.3 0.951 14.14 2.89 314.1 0.605 0.430 0.475 0.460 9008 OMESTI 0.470 UNCH 310.2 0.465 — — 202.5 0.375 0.245 0.255 0.250 0041 PANPAGE 0.255 UNCH 482.9 0.252 — — 67.7 5.080 1.190 4.830 4.760 7160 PENTA 4.800 UNCH 316.5 4.806 20.09 — 703.5 0.610 0.250 0.370 0.370 9075 THETA 0.370 0.025 3 0.370 — — 39.7 0.197 0.078 0.185 0.160 0118 TRIVE 0.180 0.020 47302.2 0.176 75.00 — 240.6

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

4.207 2.184 3.980 3.870 5005 UNISEM 3.950 -0.030 2871.2 3.919 16.38 2.78 2,898.6 4.800 1.727 4.730 4.630 0097 VITROX 4.720 0.100 708.6 4.696 29.61 0.69 2,218.8 1.750 0.690 1.180 1.160 0008 WILLOW 1.160 -0.020 159.3 1.164 14.15 1.72 287.7INFRASTRUCTURE PROJECT COMPANIES 5.087 4.583 4.980 4.810 6947 DIGI 4.880 -0.100 1910.3 4.876 24.55 4.04 37,942.0 5.994 5.293 5.770 5.700 6645 LITRAK 5.750 -0.030 389.9 5.743 14.06 5.22 3,033.9 0.372 0.215 0.240 0.235 5078 M&G 0.240 0.005 248.6 0.238 — 20.83 173.7 1.170 0.700 0.720 0.705 6807 PUNCAK 0.705 -0.010 536.3 0.709 — — 316.7 9.900 7.490 9.150 9.080 5031 TIMECOM 9.150 0.050 298.7 9.107 20.44 2.17 5,320.3 1.539 1.360 1.410 1.390 6742 YTLPOWR 1.410 0.010 1407.8 1.399 16.23 3.55 11,483.8CLOSED-END FUNDS 2.710 2.360 2.700 2.700 5108 ICAP 2.700 0.010 3 2.700 169.81 — 378.0EXCHANGE TRADED FUNDS 1.140 1.070 1.140 1.140 0800EA ABFMY1 1.140 0.004 5 1.140 — 4.98 1,505.3 2.210 1.680 1.960 1.960 0822EA CIMBA40 1.960 UNCH 25 1.960 — 3.77 5.3 1.680 1.290 1.670 1.655 0823EA CIMBC50 1.655 -0.015 59.9 1.663 — — 16.1 1.865 1.700 1.850 1.850 0820EA FBMKLCI-EA 1.850 0.010 2 1.850 — 1.78 3.1 1.090 0.977 — — 0826EA METFAPA 1.010 — — — — — 19.2 0.952 0.893 — — 0825EA METFSID 0.910 — — — — 2.57 48.2 1.115 1.045 — — 0821EA MYETFDJ 1.100 — — — — 2.03 305.7 1.110 1.015 — — 0824EA MYETFID 1.070 — — — — 1.42 54.4REITS 1.000 0.880 — — 4952 AHP 0.880 — — — 66.17 4.77 193.6 1.615 1.378 1.430 1.430 5116 ALAQAR 1.430 UNCH 0.4 1.430 17.33 5.28 1,041.4 1.030 0.966 1.000 1.000 5269 ALSREIT 1.000 -0.010 21.3 1.000 11.66 6.25 580.0 0.828 0.705 0.710 0.710 5120 AMFIRST 0.710 UNCH 72.3 0.710 21.65 5.72 487.3 0.965 0.863 0.950 0.945 5127 ARREIT 0.945 0.005 54.4 0.946 13.74 5.94 541.7 1.210 1.006 1.160 1.150 5130 ATRIUM 1.160 0.010 28.8 1.158 23.11 5.86 141.3 1.689 1.497 1.560 1.540 5106 AXREIT 1.540 -0.010 76 1.546 16.01 5.50 1,702.0 1.664 1.400 1.430 1.410 5180 CMMT 1.430 0.010 504 1.424 19.07 5.85 2,914.0 1.532 1.192 1.290 1.280 5121 HEKTAR 1.280 -0.010 59.3 1.282 12.44 8.93 591.3 1.750 1.406 1.720 1.700 5227 IGBREIT 1.700 -0.010 130 1.708 21.04 5.11 5,964.0 1.008 0.881 0.950 0.935 5280 KIPREIT 0.950 0.015 152.9 0.936 22.51 3.07 480.0 8.010 7.187 7.810 7.780 5235SS KLCC 7.800 -0.020 615.7 7.800 16.00 4.57 14,081.6 1.320 1.129 1.280 1.280 5123 MQREIT 1.280 UNCH 59 1.280 15.76 9.91 1,367.0 1.866 1.551 1.720 1.700 5212 PAVREIT 1.720 0.010 284.1 1.716 17.17 4.67 5,211.8 1.750 1.547 1.750 1.720 5176 SUNREIT 1.740 0.010 2740.1 1.740 12.08 5.28 5,124.4 1.220 1.095 1.210 1.200 5111 TWRREIT 1.200 -0.010 68 1.205 17.22 5.78 336.6 1.796 1.620 1.640 1.630 5110 UOAREIT 1.630 UNCH 79.2 1.630 15.36 5.79 689.3 1.210 1.025 1.210 1.190 5109 YTLREIT 1.210 0.010 215.9 1.200 — 5.78 2,062.3SPAC 0.720 0.715 — — 5234 CLIQ 0.720 — — — — — 454.3 0.480 0.475 — — 5241 SONA 0.475 — — — — — 670.1

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

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

CONSUMER PRODUCTS 0.285 0.195 0.265 0.260 0179 BIOHLDG 0.260 Unch 1808.5 0.260 20.31 — 210.1 0.310 0.200 0.215 0.205 0170 KANGER 0.205 0.005 13805.8 0.207 21.58 — 163.7 0.450 0.200 0.335 0.330 0148 SUNZEN 0.330 Unch 224.5 0.330 47.83 — 159.1 0.065 0.025 0.060 0.055 0095 XINGHE 0.060 Unch 1120 0.056 4.84 — 140.9INDUSTRIAL PRODUCTS 0.245 0.137 0.215 0.190 0105 ASIAPLY 0.200 0.010 5146.8 0.202 21.98 2.50 66.7 0.285 0.090 0.120 0.120 0072 AT 0.120 Unch 1129.5 0.120 — — 49.5 0.445 0.245 0.335 0.330 0163 CAREPLS 0.330 Unch 1031 0.331 — — 167.1 0.330 0.110 0.185 0.185 0102 CONNECT 0.185 Unch 369.2 0.185 19.89 — 59.5 0.505 0.325 0.350 0.345 0100 ESCERAM 0.345 -0.005 60 0.350 11.06 1.74 70.9 0.370 0.215 0.350 0.335 0175 HHGROUP 0.335 -0.005 1354.1 0.341 239.29 — 103.4 0.145 0.065 0.110 0.105 0160 HHHCORP 0.105 -0.005 117 0.108 16.67 — 35.0 0.555 0.175 0.470 0.435 0162 IJACOBS 0.445 Unch 8537.2 0.453 25.57 — 60.4 0.165 0.095 0.140 0.130 0024 JAG 0.135 -0.005 14253.5 0.136 18.24 0.74 170.9 0.250 0.130 0.190 0.190 0025 LNGRES 0.190 Unch 240 0.190 19.79 — 46.0 0.150 0.040 0.075 0.065 0070 MQTECH 0.075 0.010 10172.3 0.070 — — 31.1 0.860 0.365 0.725 0.705 0049 OCNCASH 0.705 -0.005 1105.9 0.718 14.48 0.99 157.2 0.610 0.130 0.325 0.295 0038 PTB 0.315 0.025 2875.2 0.314 — — 47.4 0.175 0.130 0.140 0.130 0133 SANICHI 0.130 -0.010 3698.6 0.134 — — 38.5 0.060 0.025 0.030 0.030 0109 SCBUILD 0.030 Unch 150 0.030 — — 26.5 0.220 0.110 0.195 0.185 0001 SCOMNET 0.185 -0.005 1985.5 0.186 17.96 — 45.0 0.289 0.142 0.220 0.215 0028 SCOPE 0.215 -0.005 368.5 0.216 26.22 2.33 120.5 0.290 0.120 0.185 0.180 0055 SERSOL 0.185 0.005 205.4 0.180 — — 39.8 1.030 0.177 0.990 0.975 0084 TECFAST 0.975 -0.010 701.3 0.982 41.85 0.51 166.8TECHNOLOGY 0.995 0.160 0.660 0.635 0018 ACCSOFT 0.645 -0.015 314.6 0.645 27.80 — 537.1 0.750 0.160 0.620 0.605 0181 AEMULUS 0.615 Unch 3832.5 0.614 74.10 — 269.9 0.455 0.215 0.355 0.345 0119 APPASIA 0.355 0.005 832.9 0.348 — — 111.4 0.450 0.145 0.175 0.160 0068 ASDION 0.160 -0.010 75.2 0.163 — — 18.6 1.090 0.615 0.660 0.645 0098 BAHVEST 0.650 Unch 124.1 0.651 — — 390.1 0.764 0.590 0.600 0.600 0191 CABNET 0.600 Unch 15 0.600 9.84 — 78.0 0.065 0.030 0.060 0.055 0152 DGB 0.060 Unch 780.1 0.057 — — 32.3 0.075 0.025 0.045 0.035 0131 DGSB 0.045 0.010 80777.2 0.040 75.00 — 61.0 0.068 0.028 0.050 0.045 0154 EAH 0.050 Unch 2096.1 0.050 45.45 — 173.9 0.235 0.115 0.120 0.115 0107 EDUSPEC 0.120 0.005 917.8 0.118 — — 111.9 0.470 0.065 0.470 0.415 0116 FOCUS 0.440 0.020 18455.4 0.434 — — 341.9 1.620 0.815 1.620 1.480 0104 GENETEC 1.490 -0.080 1170.8 1.541 — — 52.9 0.759 0.431 0.625 0.610 0039 GFM 0.615 0.005 542.6 0.614 25.10 2.36 263.3 0.090 0.035 0.070 0.060 0045 GNB 0.065 Unch 2954 0.065 — — 18.8 0.185 0.070 0.165 0.160 0074 GOCEAN 0.160 -0.005 680 0.164 266.67 — 42.1 0.100 0.040 0.075 0.070 0174 IDMENSN 0.070 -0.005 260 0.072 — — 38.1 0.533 0.227 0.400 0.390 0023 IFCAMSC 0.395 Unch 3253.4 0.395 23.24 1.27 240.3 0.100 0.060 0.075 0.070 0094 INIX 0.075 Unch 196.7 0.071 — — 19.0 0.220 0.100 0.180 0.175 0010 IRIS 0.175 -0.005 5706.6 0.179 — — 432.6 2.290 0.450 2.130 2.100 0146 JFTECH 2.100 Unch 52.9 2.102 41.50 0.95 264.6 3.420 0.594 3.060 3.030 0127 JHM 3.050 0.010 294.2 3.042 26.92 — 801.5 0.270 0.130 0.190 0.185 0111 K1 0.190 0.005 993.9 0.190 — — 98.6 0.460 0.102 0.140 0.125 0036 KGROUP 0.135 0.010 12697.8 0.131 — — 57.8 1.130 0.230 1.040 1.010 0176 KRONO 1.020 Unch 5507.8 1.028 25.56 — 303.3 0.155 0.045 0.155 0.135 0017 M3TECH 0.150 0.005 51807.5 0.146 — — 88.0 0.510 0.220 0.505 0.485 0075 MEXTER 0.490 -0.005 660.5 0.491 — — 109.5 0.590 0.405 — — 0155 MGRC 0.405 — — — 63.28 — 41.9 1.310 0.855 1.090 1.020 0126 MICROLN 1.040 0.040 981.7 1.057 29.30 — 174.1 0.595 0.319 0.465 0.455 0112 MIKROMB 0.455 0.005 2380.7 0.459 17.91 1.74 196.1 0.465 0.065 0.110 0.100 0085 MLAB 0.100 -0.005 21470.6 0.105 50.00 — 57.1 0.285 0.160 0.285 0.265 0034 MMAG 0.275 0.005 13986 0.273 — — 83.5 2.028 0.498 1.830 1.810 0113 MMSV 1.810 -0.020 558.9 1.819 17.01 1.10 295.0 0.160 0.055 0.095 0.090 0103 MNC 0.090 -0.005 9912.8 0.090 50.00 — 43.1 0.310 0.155 0.255 0.250 0156 MPAY 0.255 0.005 4248.5 0.250 — — 181.2 0.684 0.121 0.255 0.235 0092 MTOUCHE 0.245 0.005 31124.6 0.246 59.76 — 124.8 1.100 0.616 1.090 1.060 0108 N2N 1.060 -0.030 2312.9 1.074 25.60 1.89 505.8 0.110 0.015 0.060 0.055 0020 NETX 0.055 Unch 16615.8 0.056 61.11 — 78.7 0.065 0.035 0.040 0.035 0096 NEXGRAM 0.040 0.005 189.6 0.038 — — 75.3 0.115 0.070 0.085 0.080 0026 NOVAMSC 0.080 Unch 121 0.081 — — 54.7 0.662 0.536 0.550 0.550 0035 OPCOM 0.550 Unch 25.6 0.550 16.13 7.27 88.7 0.408 0.310 0.330 0.315 0040 OPENSYS 0.325 0.010 928.2 0.321 19.94 3.08 96.8 0.380 0.125 0.130 0.125 0079 ORION 0.130 Unch 672 0.128 — — 77.9 0.420 0.055 0.420 0.385 0005 PALETTE 0.400 0.015 65036.7 0.406 — — 129.3 0.230 0.135 0.170 0.160 0123 PRIVA 0.165 Unch 584.2 0.165 — — 92.1 0.175 0.055 0.145 0.140 0007 PUC 0.140 -0.005 11577.6 0.140 58.33 — 176.4 0.980 0.548 0.815 0.800 0106 REXIT 0.805 Unch 290.5 0.806 19.08 4.97 152.4 0.375 0.223 0.325 0.325 0178 SEDANIA 0.325 -0.005 567.3 0.325 — 3.08 73.4 0.190 0.055 0.100 0.095 0060 SKH 0.100 -0.005 5553 0.098 41.67 — 55.4 0.300 0.155 0.195 0.160 0117 SMRT 0.190 0.030 3079 0.185 — — 68.6 0.185 0.100 0.130 0.125 0169 SMTRACK 0.130 Unch 837 0.125 — — 14.7 0.355 0.232 0.295 0.285 0093 SOLUTN 0.285 -0.010 698.7 0.288 8.26 3.51 87.3 0.360 0.095 0.170 0.165 0129 SRIDGE 0.170 Unch 394.5 0.165 — — 20.6 0.470 0.155 0.415 0.405 0050 SYSTECH 0.410 -0.005 4092.3 0.409 54.67 0.73 142.6 0.190 0.140 0.150 0.145 0132 TDEX 0.150 0.005 75 0.146 136.36 — 62.0 1.480 0.214 1.210 1.160 0120 VIS 1.160 -0.030 1207.1 1.171 20.17 0.43 128.4 0.205 0.115 0.150 0.140 0069 VIVOCOM 0.140 -0.005 52276.2 0.145 22.58 — 462.7 0.145 0.065 0.125 0.115 0066 VSOLAR 0.125 0.005 9490.1 0.123 — — 46.7 0.070 0.020 — — 0141 WINTONI 0.035 — — — — — 18.0 0.275 0.080 0.240 0.225 0086 YGL 0.235 Unch 2050.3 0.232 — — 54.6TRADING SERVICES 0.400 0.150 — — 0122 AIM 0.300 — — — — — 79.8 0.165 0.060 0.120 0.115 0048 ANCOMLB 0.115 -0.005 383 0.120 — — 54.4 0.240 0.125 0.205 0.195 0150 ASIABIO 0.195 -0.005 9954.6 0.197 1.59 — 87.8 0.275 0.155 0.170 0.165 0187 BCMALL 0.170 Unch 331 0.166 36.96 — 71.6 0.392 0.291 0.330 0.320 0011 BTECH 0.330 Unch 50 0.327 20.37 4.85 83.2 0.320 0.170 — — 0157 FOCUSP 0.225 — — — — — 37.1 1.210 0.386 1.140 1.120 0185 HSSEB 1.120 -0.020 326.5 1.134 23.53 0.56 357.4 0.900 0.550 — — 0147 INNITY 0.670 — — — 63.81 — 92.7 0.310 0.200 0.210 0.205 0180 KTC 0.205 Unch 448.5 0.205 93.18 — 104.6 0.350 0.130 0.200 0.200 0167 MCLEAN 0.200 Unch 106 0.200 95.24 — 35.8 0.440 0.250 0.260 0.260 0081 MEGASUN 0.260 Unch 98 0.260 11.71 — 57.0 0.280 0.165 0.205 0.205 0153 OVERSEA 0.205 Unch 893.7 0.205 341.67 — 50.5 0.200 0.115 0.150 0.145 0177 PASUKGB 0.150 -0.005 4869 0.150 — — 121.7 0.450 0.230 — — 0006 PINEAPP 0.450 — — — 236.84 — 21.8 0.375 0.206 0.320 0.315 0171 PLABS 0.315 Unch 485.8 0.315 17.40 2.22 67.6 0.005 0.005 — — 0110 RA 0.005 — — — 2.63 — 4.8 0.615 0.280 0.440 0.425 0032 REDTONE 0.440 0.010 25 0.437 — — 333.6 0.635 0.140 0.590 0.565 0173 REV 0.570 0.005 8174.3 0.578 4.83 — 76.7 0.726 0.477 0.580 0.560 0158 SCC 0.580 0.015 88 0.565 16.07 5.22 81.9 0.275 0.160 0.210 0.205 0161 SCH 0.210 0.005 171 0.208 123.53 4.05 86.6 0.230 0.100 0.180 0.175 0140 STERPRO 0.175 -0.010 3349.3 0.178 — — 48.9 0.280 0.103 0.280 0.275 0080 STRAITS 0.275 -0.005 1463.9 0.279 51.89 — 101.2 1.360 0.955 1.270 1.260 0089 TEXCYCL 1.260 -0.010 10 1.268 13.02 0.40 215.2 0.230 0.100 0.170 0.170 0145 TFP 0.170 -0.005 220 0.170 — — 34.9 0.155 0.095 0.120 0.115 0165 XOX 0.115 Unch 18003.3 0.118 — — 98.0FINANCE 0.965 0.386 0.700 0.695 0053 OSKVI 0.695 -0.005 161.2 0.699 2.49 2.88 137.3

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

THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY 2 8

Bursa Malaysia Equity Derivatives

0.440 0.425 0.440 0.440 70311 A50CHIN-C11 0.440 0.015 31.9 7.602 7.304 4.76 28/03/2018 0.120 0.085 0.090 0.085 523811 AAX-C11 0.085 -0.005 1220 0.385 0.380 20.78 21/06/2018 0.165 0.010 0.010 0.010 5238C7 AAX-C7 0.010 Unch 30 0.385 0.430 14.29 31/10/2017 0.310 0.160 0.205 0.200 5238WA AAX-WA 0.200 -0.005 5424.9 0.385 0.460 71.43 08/06/2020 0.120 0.035 0.065 0.055 7146WA AEM-WA 0.060 0.005 532.6 0.165 0.250 87.88 17/12/2019 0.465 0.110 0.355 0.345 5139CB AEONCR-CB 0.355 0.010 298 13.200 10.761 -0.94 16/10/2017 0.330 0.050 0.205 0.195 7315WB AHB-WB 0.200 0.005 419.1 0.325 0.200 23.08 28/08/2019 0.330 0.070 0.265 0.250 509947 AIRASIAC47 0.265 0.010 520.1 3.400 2.600 -0.15 31/10/2017 0.235 0.080 0.090 0.080 509952 AIRASIAC52 0.090 Unch 158 3.400 3.200 2.06 31/10/2017 0.200 0.090 0.135 0.125 509953 AIRASIAC53 0.135 0.010 1350.4 3.400 3.200 6.03 02/02/2018 0.180 0.025 0.030 0.025 509954 AIRASIAC54 0.030 -0.005 857 3.400 3.600 8.26 31/10/2017 0.150 0.075 0.080 0.075 509955 AIRASIAC55 0.080 0.005 275.6 3.400 4.000 24.00 29/12/2017 0.510 0.130 0.265 0.260 5014CS AIRPORT-CS 0.265 0.020 103 8.350 7.350 2.31 02/02/2018 0.165 0.055 0.065 0.060 5014CU AIRPORT-CU 0.060 0.005 51.7 8.350 9.500 17.01 22/01/2018 0.145 0.060 0.070 0.065 5014CV AIRPORT-CV 0.065 0.005 120 8.350 8.800 10.84 30/04/2018 0.420 0.160 0.280 0.265 7609WA AJIYA-WA 0.270 Unch 160 0.720 0.920 65.28 28/08/2021 0.135 0.050 0.060 0.055 1015C1 AMBANK-C1 0.055 Unch 70.3 4.450 5.000 16.07 30/04/2018 0.440 0.010 0.010 0.010 1015CY AMBANK-CY 0.010 -0.030 483 1.108 5.000 353.52 31/10/2017 0.315 0.140 0.295 0.280 6556CC ANNJOO-CC 0.295 0.030 60 3.790 2.800 1.12 31/10/2017 0.280 0.115 0.250 0.245 6556CD ANNJOO-CD 0.245 0.015 1005 3.790 3.000 1.78 08/12/2017 0.240 0.110 0.220 0.215 6556CE ANNJOO-CE 0.215 0.005 447.8 3.790 3.100 7.32 02/02/2018 0.165 0.125 0.160 0.150 6556CF ANNJOO-CF 0.155 0.010 4355 3.790 4.000 23.13 30/04/2018 0.265 0.045 0.055 0.055 9342WB ANZO-WB 0.055 -0.010 21 0.105 0.250 190.48 25/08/2023 0.035 0.010 0.015 0.010 5194WA APFT-WA 0.010 -0.005 65 0.025 0.400 1,540 13/07/2018 0.335 0.120 0.235 0.230 0119WA APPASIA-WA 0.230 Unch 333 0.355 0.130 1.41 23/12/2024 0.255 0.100 0.125 0.125 521024 ARMADA-C24 0.125 0.005 205 0.715 0.600 1.40 30/11/2017 0.100 0.025 0.035 0.035 521027 ARMADA-C27 0.035 0.005 300 0.715 0.835 21.68 02/02/2018 0.100 0.055 0.060 0.060 521028 ARMADA-C28 0.060 Unch 4339.6 0.715 0.750 14.13 30/01/2018 0.115 0.095 0.110 0.105 521029 ARMADA-C29 0.105 Unch 50 0.715 0.750 15.91 29/06/2018 0.350 0.050 0.055 0.055 0068WB ASDION-WB 0.055 -0.005 82 0.160 0.500 246.88 24/03/2019 0.110 0.045 0.080 0.075 0150WA ASIABIO-WA 0.075 -0.005 1864.3 0.195 0.300 92.31 19/04/2024 0.145 0.055 0.115 0.100 0105WA ASIAPLY-WA 0.110 0.010 1776.4 0.200 0.100 5.00 13/12/2020 0.210 0.055 0.130 0.120 6399C1 ASTRO-C1 0.120 -0.020 180 2.830 2.600 0.35 30/11/2017 0.765 0.110 0.255 0.235 7099WB ATTA-WB 0.240 Unch 141.6 0.850 1.000 45.88 09/05/2022 0.705 0.205 0.230 0.230 7099WC ATTA-WC 0.230 0.005 10 0.850 1.000 44.71 18/11/2024 0.120 0.060 0.065 0.065 0072WB AT-WB 0.065 Unch 273.2 0.120 0.090 29.17 17/10/2019 0.100 0.045 0.090 0.090 688820 AXIATA-C20 0.090 -0.005 400 5.290 5.200 5.10 28/02/2018 0.730 0.210 0.580 0.575 7078WA AZRB-WA 0.575 Unch 164.5 1.110 0.700 14.86 13/05/2024 0.330 0.180 0.290 0.275 0098WA BAHVEST-WA 0.285 0.005 1110 0.650 0.870 77.69 20/08/2024 0.100 0.020 0.020 0.020 4162CI BAT-CI 0.020 Unch 30 43.100 46.000 8.58 02/02/2018 0.085 0.035 0.060 0.060 5248CS BAUTO-CS 0.060 -0.005 150 2.080 2.100 6.73 08/01/2018 0.170 0.095 0.105 0.100 7241WA BHS-WA 0.105 Unch 70.1 0.405 0.600 74.07 18/10/2020 0.450 0.260 0.295 0.295 5258WA BIMB-WA 0.295 Unch 252.2 4.270 4.720 17.45 04/12/2023 0.155 0.065 0.070 0.070 6998WA BINTAI-WA 0.070 Unch 90 0.165 0.200 63.64 15/06/2020 0.230 0.095 0.160 0.155 0179WA BIOHLDG-WA 0.160 0.005 69.4 0.260 0.220 46.15 05/01/2022 0.400 0.080 0.200 0.190 3239WA BJASSET-WA 0.190 Unch 148.5 1.200 1.000 -0.83 16/03/2018 0.075 0.035 0.045 0.040 3395C4 BJCORP-C4 0.045 Unch 442 0.360 0.350 9.72 28/12/2017 0.160 0.060 0.100 0.095 3395WB BJCORP-WB 0.095 -0.005 515 0.360 1.000 204.17 22/04/2022 0.175 0.050 0.115 0.110 3395WC BJCORP-WC 0.110 -0.005 3249.2 0.360 1.000 208.33 29/05/2026 0.370 0.035 0.330 0.315 7187WA BKOON-WA 0.330 0.010 4542.1 0.540 0.200 -1.85 07/07/2023 0.071 0.035 0.045 0.040 7036WC BORNOIL-WC 0.045 Unch 1094 0.090 0.070 27.78 08/11/2025 0.065 0.040 0.045 0.040 7036WD BORNOIL-WD 0.045 Unch 1887.2 0.090 0.070 27.78 29/05/2027 0.087 0.029 0.080 0.075 9938WB BRIGHT-WB 0.080 Unch 1028 0.270 0.650 170.37 12/01/2019 0.235 0.125 0.125 0.125 7188WB BTM-WB 0.125 -0.005 153 0.245 0.200 32.65 23/10/2024 0.435 0.060 0.245 0.245 181811 BURSA-C11 0.245 Unch 30 10.080 8.900 0.45 30/11/2017 0.150 0.050 0.085 0.080 181813 BURSA-C13 0.085 Unch 185.5 10.080 10.500 8.38 30/03/2018 0.900 0.303 0.825 0.815 7174WA CAB-WA 0.825 0.005 206.1 0.995 0.170 0.00 08/02/2020 0.220 0.045 0.125 0.120 5195WB CENSOF-WB 0.120 Unch 534.7 0.295 0.460 96.61 07/10/2019 0.310 0.070 0.070 0.070 102321 CIMB-C21 0.070 Unch 292 6.290 6.200 2.46 31/10/2017 0.335 0.150 0.170 0.165 102322 CIMB-C22 0.165 -0.005 2473.9 6.290 5.700 1.11 24/11/2017 0.155 0.050 0.050 0.050 102324 CIMB-C24 0.050 Unch 1759.8 6.290 7.000 14.47 28/12/2017 0.110 0.040 0.040 0.040 102327 CIMB-C27 0.040 Unch 1476.3 6.290 7.700 24.96 19/03/2018 0.035 0.020 0.020 0.020 2852C7 CMSB-C7 0.020 Unch 86 3.880 5.000 31.44 30/11/2017 0.250 0.025 0.165 0.145 0051WA CUSCAPI-WA 0.150 -0.005 14761.8 0.325 0.270 29.23 24/04/2018 0.470 0.295 0.315 0.305 5276WA DANCO-WA 0.305 -0.010 262.9 0.530 0.300 14.15 22/05/2022 0.035 0.005 0.020 0.015 7179WB DBE-WB 0.020 0.005 867.5 0.030 0.050 133.33 22/01/2022 0.030 0.005 0.010 0.010 0152WA DGB-WA 0.010 Unch 450 0.060 0.110 100.00 22/04/2018 0.220 0.125 0.220 0.220 727713 DIALOG-C13 0.220 Unch 90 2.200 1.750 -0.45 07/12/2017 0.110 0.060 0.110 0.110 727715 DIALOG-C15 0.110 0.020 100 2.200 1.850 -0.91 31/10/2017 0.335 0.105 0.335 0.305 727717 DIALOG-C17 0.305 -0.010 636 2.200 1.900 0.23 02/02/2018 0.090 0.055 0.090 0.090 727718 DIALOG-C18 0.090 0.005 580 2.200 2.300 13.95 30/03/2018 0.115 0.110 0.115 0.115 727719 DIALOG-C19 0.115 Unch 30.1 2.200 2.080 10.23 29/06/2018 0.100 0.020 0.030 0.020 694719 DIGI-C19 0.025 -0.015 295 4.880 5.100 5.53 02/02/2018 0.165 0.050 0.080 0.070 0029WB DIGISTA-WB 0.080 0.010 468.4 0.150 0.260 126.67 04/04/2023 0.370 0.045 0.230 0.215 4456WD DNEX-WD 0.220 Unch 33182.7 0.485 0.500 48.45 30/07/2021 0.190 0.060 0.190 0.180 7114WA DNONCE-WA 0.190 0.010 4123.2 0.380 0.250 15.79 25/11/2020 0.145 0.055 0.065 0.060 5265WA DOLPHIN-WA 0.065 0.005 374.3 0.205 0.800 321.95 29/03/2021 0.340 0.180 0.300 0.300 7169WA DOMINAN-WA 0.300 0.010 0.1 1.290 1.300 24.03 10/09/2020 0.380 0.115 0.335 0.330 161930 DRBHCOMC30 0.330 Unch 56 1.760 1.100 0.00 30/11/2017 0.195 0.040 0.075 0.070 161933 DRBHCOMC33 0.075 Unch 938.1 1.760 1.650 2.27 31/10/2017 0.255 0.110 0.160 0.155 161934 DRBHCOMC34 0.155 Unch 445 1.760 1.500 2.84 24/11/2017 0.170 0.060 0.085 0.080 161936 DRBHCOMC36 0.085 Unch 4654.7 1.760 1.900 17.61 29/12/2017 0.125 0.040 0.075 0.070 161937 DRBHCOMC37 0.070 -0.005 4089.3 1.760 1.850 13.07 30/03/2018 0.050 0.030 0.040 0.035 161941 DRBHCOMC41 0.035 Unch 321 1.760 2.150 28.13 30/03/2018 0.140 0.095 0.140 0.140 161942 DRBHCOMC42 0.140 Unch 100 1.760 1.650 9.66 31/05/2018 0.125 0.090 0.115 0.115 161943 DRBHCOMC43 0.115 Unch 638 1.760 1.600 10.51 30/03/2018 0.095 0.085 0.090 0.085 5216C2 DSONIC-C2 0.085 -0.010 95 1.180 1.180 14.41 29/06/2018 0.135 0.025 0.040 0.040 5216CV DSONIC-CV 0.040 -0.005 260 1.180 1.300 16.95 31/10/2017 0.055 0.030 0.035 0.035 5216CZ DSONIC-CZ 0.035 -0.005 120 1.180 1.380 22.88 30/03/2018 0.320 0.120 0.160 0.155 3417WB E&O-WB 0.160 -0.005 264.7 1.580 2.600 74.68 21/07/2019 0.033 0.013 0.020 0.020 0154WC EAH-WC 0.020 -0.005 60 0.050 0.100 140.00 18/06/2019 0.195 0.095 0.140 0.130 3557WC ECOFIRS-WC 0.135 -0.005 141.6 0.305 0.300 42.62 10/09/2019 0.185 0.125 0.155 0.150 5253CF ECONBHD-CF 0.150 -0.005 402.6 3.060 2.950 11.11 22/03/2018 0.170 0.055 0.055 0.055 8206CG ECOWLD-CG 0.055 Unch 486.8 1.520 1.500 5.92 30/11/2017 0.710 0.365 0.455 0.440 8206WA ECOWLD-WA 0.440 -0.010 44.3 1.520 2.080 65.79 26/03/2022 0.095 0.040 0.045 0.040 0107WA EDUSPEC-WA 0.045 0.005 100.5 0.120 0.180 87.50 24/12/2018 1.190 0.360 1.110 1.080 0065WA EFORCE-WA 1.090 -0.020 429.2 1.430 0.340 0.00 17/07/2019 0.557 0.283 0.515 0.495 8907WC EG-WC 0.500 0.010 1748.7 0.760 0.500 31.58 03/11/2020 0.030 0.005 0.015 0.015 7182WA EKA-WA 0.015 Unch 31 0.075 0.200 186.67 22/01/2019 0.140 0.005 0.010 0.010 8877CA EKOVEST-CA 0.010 0.005 671.5 1.080 1.600 49.54 08/12/2017 1.350 0.645 0.670 0.650 8877WB EKOVEST-WB 0.670 0.015 905.9 1.080 0.480 6.48 25/06/2019 0.120 0.035 0.035 0.035 5283CA EWINT-CA 0.035 -0.005 60 1.050 1.200 20.95 02/02/2018 0.450 0.245 0.255 0.245 5283WA EWINT-WA 0.255 0.005 305.4 1.050 1.450 62.38 02/04/2022 0.570 0.120 0.420 0.405 7047WB FAJAR-WB 0.405 -0.010 1254.1 0.860 0.700 28.49 24/09/2019 0.120 0.045 0.060 0.060 06501U FBMKLCI-C1U 0.060 Unch 83 1,757 1,715 -0.01 31/10/2017 0.080 0.015 0.020 0.020 06501X FBMKLCI-C1X 0.020 Unch 500 1,180 1,765 50.65 30/11/2017 0.095 0.045 0.050 0.045 06503E FBMKLCI-C3E 0.050 -0.005 80.1 1,757 1,770 2.15 28/02/2018 0.050 0.040 0.045 0.040 06503F FBMKLCI-C3F 0.045 -0.005 360 1,757 1,780 2.58 30/03/2018 0.160 0.020 0.035 0.035 06502Z FBMKLCI-H2Z 0.035 0.005 600 1,757 1,765 1.84 30/11/2017 0.120 0.050 0.065 0.065 06504C FBMKLCI-H4C 0.065 Unch 200 1,757 1,785 4.17 29/12/2017 0.135 0.075 0.100 0.100 06504D FBMKLCI-H4D 0.100 0.005 30 1,757 1,800 6.42 31/01/2018 0.120 0.085 0.110 0.110 06504G FBMKLCI-H4G 0.110 0.025 10 1,757 1,770 3.86 28/02/2018 0.155 0.035 0.050 0.050 522228 FGV-C28 0.050 0.005 1085 1.830 2.050 18.85 02/02/2018 0.130 0.045 0.065 0.055 522229 FGV-C29 0.065 0.010 771.7 1.830 2.100 23.63 08/01/2018 0.195 0.095 0.135 0.125 522230 FGV-C30 0.130 0.010 4504 1.830 1.600 7.32 28/12/2017 0.145 0.085 0.135 0.120 522231 FGV-C31 0.135 0.015 9700 1.830 1.630 7.51 30/03/2018 0.150 0.095 0.135 0.135 522232 FGV-C32 0.135 0.015 100 1.830 1.650 8.61 30/01/2018 0.105 0.075 0.105 0.105 522233 FGV-C33 0.105 0.015 32.5 1.830 1.800 15.57 30/03/2018 0.060 0.045 0.060 0.055 522236 FGV-C36 0.060 0.005 336.9 1.830 2.300 35.52 26/02/2018 0.105 0.065 0.105 0.085 522237 FGV-C37 0.105 0.025 2978.4 1.830 1.900 17.02 30/01/2018 0.115 0.090 0.115 0.110 522238 FGV-C38 0.115 0.020 999.2 1.830 1.850 16.80 19/04/2018 0.740 0.230 0.505 0.500 9261WB GADANG-WB 0.505 Unch 553 0.505 1.060 209.90 29/11/2021 0.130 0.045 0.050 0.045 539836 GAMUDA-C36 0.045 -0.015 338.8 5.270 5.350 4.93 08/12/2017 0.060 0.060 0.060 0.060 539837 GAMUDA-C37 0.060 -0.090 16 5.270 5.450 10.25 30/04/2018 0.045 0.045 0.045 0.045 539838 GAMUDA-C38 0.045 -0.105 16 5.270 5.680 12.90 30/04/2018 1.480 1.140 1.310 1.300 5398WE GAMUDA-WE 1.300 Unch 540.4 5.270 4.050 1.52 06/03/2021 0.495 0.120 0.485 0.470 5226WA GBGAQRS-WA 0.480 Unch 5831.4 1.800 1.300 -1.11 20/07/2018 0.500 0.300 0.420 0.420 3611WA GBH-WA 0.420 Unch 1 1.410 1.000 0.71 07/04/2020 0.125 0.055 0.070 0.065 0078CF GDEX-CF 0.070 0.005 390 0.665 0.650 13.53 02/02/2018 0.075 0.040 0.050 0.050 0078CH GDEX-CH 0.050 -0.005 925.4 0.665 0.780 28.57 28/02/2018 0.572 0.410 0.470 0.465 0078WB GDEX-WB 0.470 Unch 162.2 0.665 0.383 28.20 05/02/2020 0.305 0.120 0.120 0.120 471519 GENM-C19 0.120 Unch 200 5.270 4.710 3.04 31/10/2017 0.300 0.065 0.075 0.065 471524 GENM-C24 0.070 -0.010 1135.1 5.270 5.500 9.01 29/12/2017 0.190 0.025 0.030 0.025 471525 GENM-C25 0.025 -0.015 110 5.270 6.000 15.75 07/12/2017 0.180 0.050 0.055 0.050 471526 GENM-C26 0.055 -0.005 4239.4 5.270 5.900 16.65 02/02/2018 0.165 0.055 0.065 0.055 471528 GENM-C28 0.060 -0.010 136.9 5.270 6.300 23.64 28/02/2018 0.180 0.055 0.065 0.055 318242 GENTINGC42 0.055 -0.005 1202.9 9.500 9.500 3.47 29/12/2017 1.950 1.240 1.640 1.600 3182WA GENTING-WA 1.610 -0.040 832.4 9.500 7.960 0.74 18/12/2018 0.150 0.090 0.150 0.135 3204CA GKENT-CA 0.140 0.015 2517.4 3.230 2.880 10.84 31/05/2018 0.120 0.110 0.120 0.120 3204CC GKENT-CC 0.120 Unch 22 3.230 3.380 19.50 31/05/2018 0.230 0.070 0.140 0.135 1147WA GOB-WA 0.140 Unch 118.1 0.390 0.800 141.03 24/12/2019 0.085 0.025 0.045 0.040 0074WA GOCEAN-WA 0.045 0.005 460.1 0.160 0.340 140.63 07/08/2019 0.135 0.070 0.090 0.090 7022CH GTRONIC-CH 0.090 Unch 150 6.340 5.800 3.55 30/11/2017

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

0.205 0.195 0.195 0.195 7668CB HAIO-CB 0.195 -0.010 100 5.190 4.680 8.96 31/05/2018 0.210 0.190 0.190 0.190 7668CC HAIO-CC 0.190 Unch 5 5.190 5.100 12.91 09/04/2018 0.130 0.090 0.095 0.095 3034CV HAPSENG-CV 0.095 Unch 107.8 9.120 9.000 3.89 30/04/2018 0.560 0.450 0.470 0.465 7105WA HCK-WA 0.470 -0.020 23 1.310 0.960 9.16 26/09/2027 0.745 0.310 0.470 0.455 4324CA HENGYUAN-CA 0.465 0.010 709.9 8.390 6.000 15.85 22/02/2018 0.520 0.315 0.415 0.415 4324CC HENGYUAN-CC 0.415 0.005 10 8.390 8.000 25.03 28/02/2018 0.430 0.255 0.350 0.345 4324CD HENGYUAN-CD 0.350 Unch 61.7 8.390 7.000 16.81 19/03/2018 0.410 0.170 0.220 0.220 4324CE HENGYUAN-CE 0.220 Unch 50 8.390 8.800 28.49 19/03/2018 0.310 0.175 0.215 0.205 4324CF HENGYUAN-CF 0.205 -0.005 250.9 8.390 8.880 30.27 22/03/2018 0.230 0.125 0.220 0.205 4324CH HENGYUAN-CH 0.215 0.005 2646.4 8.390 8.000 26.10 29/06/2018 0.150 0.125 0.140 0.135 4324CJ HENGYUAN-CJ 0.135 Unch 115 8.390 8.580 34.45 29/06/2018 1.550 1.050 1.550 1.340 5095WB HEVEA-WB 1.450 0.120 384.1 1.660 0.250 2.41 28/02/2020 0.225 0.075 0.180 0.175 5072WB HIAPTEK-WB 0.180 Unch 5345.7 0.390 0.500 74.36 23/06/2021 0.530 0.175 0.190 0.190 5169WA HOHUP-WA 0.190 Unch 25 0.680 0.600 16.18 21/12/2018 0.390 0.265 0.280 0.275 5160WA HOMERIZ-WA 0.280 0.010 22.9 0.950 0.920 26.32 09/07/2020 0.225 0.115 0.190 0.185 7213WB HOVID-WB 0.185 -0.005 1842.3 0.360 0.180 1.39 05/06/2018 0.050 0.010 0.045 0.030 7013WA HUBLINE-WA 0.045 0.010 3642.3 0.150 3.200 2,063 04/11/2019 0.085 0.020 0.085 0.065 7013WB HUBLINE-WB 0.085 0.020 16597.9 0.150 0.200 90.00 20/12/2020 0.045 0.015 0.030 0.025 9601WD HWGB-WD 0.030 Unch 39.1 0.060 0.080 83.33 15/03/2021 0.235 0.145 0.145 0.145 4251WA IBHD-WA 0.145 -0.015 30 0.565 1.410 175.22 08/10/2019 0.055 0.015 0.035 0.035 0174WA IDMENSN-WA 0.035 Unch 1271.4 0.070 0.100 92.86 14/07/2020 0.115 0.020 0.020 0.020 3336C6 IJM-C6 0.020 -0.005 1 3.280 3.650 13.11 30/11/2017 0.050 0.030 0.030 0.030 3336C9 IJM-C9 0.030 -0.005 20 3.280 3.780 18.90 30/04/2018 0.275 0.075 0.245 0.240 0166C2 INARI-C2 0.245 0.015 315 2.630 2.150 0.38 08/12/2017 0.165 0.080 0.130 0.120 0166C3 INARI-C3 0.125 0.005 162.4 2.630 2.600 9.79 30/01/2018 0.205 0.095 0.180 0.175 0166C6 INARI-C6 0.180 0.005 43 2.630 2.400 4.94 30/04/2018 0.570 0.165 0.555 0.555 0166CZ INARI-CZ 0.555 0.015 38 2.630 1.800 0.10 29/12/2017 1.830 1.300 1.810 1.780 0166WB INARI-WB 1.810 0.030 385.6 2.630 0.800 -0.76 17/02/2020 0.545 0.160 0.380 0.375 3379WB INSAS-WB 0.375 Unch 834.8 0.975 1.000 41.03 25/02/2020 0.085 0.040 0.040 0.040 196114 IOICORP-C14 0.040 -0.010 1 4.510 4.800 9.09 22/12/2017 0.035 0.030 0.030 0.030 5249CQ IOIPG-CQ 0.030 Unch 20 1.980 2.380 24.75 30/04/2018 0.070 0.020 0.045 0.040 7183WA IRETEX-WA 0.045 Unch 150.1 0.180 0.800 369.44 10/06/2019 0.070 0.025 0.055 0.050 0024WA JAG-WA 0.050 -0.005 5103.9 0.135 0.100 11.11 14/08/2019 0.075 0.075 0.075 0.075 5161C5 JCY-C5 0.075 -0.075 10 0.525 0.550 19.05 29/06/2018 0.170 0.060 0.075 0.075 9083WB JETSON-WB 0.075 Unch 84.8 0.310 0.750 166.13 06/02/2019 0.110 0.060 0.080 0.080 8923WA JIANKUN-WA 0.080 0.005 200.2 0.270 0.320 48.15 23/12/2021 0.830 0.205 0.460 0.435 7167WA JOHOTIN-WA 0.440 Unch 101.3 1.320 0.850 -2.27 21/11/2017 0.105 0.055 0.060 0.060 4383CP JTIASA-CP 0.060 Unch 30 1.080 1.150 14.81 30/01/2018 0.225 0.110 0.135 0.120 0170WA KANGER-WA 0.130 Unch 1034 0.205 0.100 12.20 13/04/2020 0.130 0.070 0.125 0.125 5247C4 KAREX-C4 0.125 0.020 50 1.590 1.550 9.28 30/04/2018 0.175 0.070 0.160 0.160 7161CB KERJAYA-CB 0.160 -0.005 830.1 3.770 3.350 7.96 30/11/2017 0.330 0.135 0.295 0.290 7161CC KERJAYA-CC 0.290 -0.025 230 3.770 3.100 1.46 08/12/2017 0.220 0.120 0.200 0.200 7161CD KERJAYA-CD 0.200 0.005 20 3.770 3.400 8.75 25/01/2018 0.130 0.110 0.120 0.115 7161CF KERJAYA-CF 0.115 -0.015 276 3.770 4.300 26.26 09/04/2018 2.970 1.090 2.900 2.900 7161WA KERJAYA-WA 2.900 Unch 3.6 3.770 0.880 0.27 20/12/2017 0.490 0.075 0.345 0.340 0151WA KGB-WA 0.345 -0.005 99.9 0.640 0.500 32.03 12/06/2019 0.140 0.010 0.025 0.020 0036WA KGROUP-WA 0.025 0.005 1866.5 0.135 0.400 214.81 02/07/2018 0.120 0.035 0.050 0.045 0036WB KGROUP-WB 0.050 Unch 1622.7 0.135 0.200 85.19 01/05/2020 0.815 0.600 0.650 0.630 5171WA KIMLUN-WA 0.650 Unch 61 2.300 1.680 1.30 12/03/2024 0.045 0.005 0.005 0.005 7164WA KNM-WA 0.005 Unch 500 0.285 0.980 245.61 15/11/2017 0.135 0.065 0.085 0.080 7164WB KNM-WB 0.080 -0.005 1987.2 0.285 1.000 278.95 21/04/2020 0.135 0.070 0.085 0.085 7017WB KOMARK-WB 0.085 Unch 12.9 0.250 0.300 54.00 21/01/2020 0.430 0.103 0.350 0.345 5878WB KPJ-WB 0.345 -0.010 120.8 1.040 1.010 30.29 23/01/2019 0.085 0.010 0.055 0.055 3794CC LAFMSIA-CC 0.055 Unch 25 6.770 7.000 7.46 02/02/2018 0.700 0.450 0.670 0.665 9385WA LAYHONG-WA 0.670 0.005 18.1 1.060 0.400 0.94 13/10/2021 0.040 0.040 0.040 0.040 5789CB LBS-CB 0.040 Unch 30 1.840 2.400 34.78 09/04/2018 1.090 0.620 0.820 0.820 5789WA LBS-WA 0.820 0.020 4 1.840 1.000 -1.09 11/06/2018 0.835 0.390 0.590 0.565 5789WB LBS-WB 0.575 Unch 60.5 1.840 1.250 -0.82 04/10/2020 0.110 0.015 0.050 0.045 5284CA LCTITAN-CA 0.045 -0.005 1125 5.370 6.800 29.98 12/02/2018 0.080 0.015 0.020 0.015 5284CB LCTITAN-CB 0.015 Unch 1550 5.370 7.800 46.37 12/02/2018 0.260 0.050 0.080 0.080 5284CC LCTITAN-CC 0.080 0.005 356.5 5.370 7.500 44.13 30/01/2018 0.265 0.035 0.110 0.105 5284CD LCTITAN-CD 0.105 0.005 746 5.370 6.500 26.91 30/01/2018 0.465 0.100 0.245 0.225 5284CE LCTITAN-CE 0.230 0.005 2092.5 5.370 5.500 15.27 30/01/2018 0.120 0.015 0.060 0.055 5284CF LCTITAN-CF 0.055 Unch 508.5 5.370 6.280 24.12 30/01/2018 0.095 0.020 0.065 0.060 5284CG LCTITAN-CG 0.060 0.005 1414 5.370 6.500 27.75 30/04/2018 0.250 0.150 0.180 0.180 7126WA LONBISC-WA 0.180 Unch 50.4 0.725 1.000 62.76 26/01/2020 0.095 0.020 0.065 0.065 5068WA LUSTER-WA 0.065 0.005 2255 0.130 0.100 26.92 03/06/2022 0.095 0.020 0.065 0.065 5068WB LUSTER-WB 0.065 0.005 1265.7 0.130 0.100 26.92 26/05/2023 0.065 0.015 0.065 0.055 0017WA M3TECH-WA 0.065 Unch 23483.6 0.150 0.100 10.00 21/08/2019 0.750 0.285 0.500 0.470 7617WB MAGNA-WB 0.500 -0.005 71 1.400 0.900 0.00 04/09/2020 0.250 0.050 0.060 0.055 8583WB MAHSING-WB 0.060 Unch 379.4 1.510 1.440 -0.66 16/03/2018 0.170 0.085 0.130 0.115 8583WC MAHSING-WC 0.130 -0.010 7.8 1.510 2.100 47.68 21/02/2020 0.115 0.065 0.070 0.065 5264C1 MALAKOF-C1 0.065 -0.005 1190 1.030 1.000 9.71 30/01/2018 0.160 0.065 0.085 0.085 5264C2 MALAKOF-C2 0.085 -0.005 310.1 1.030 1.050 10.19 30/04/2018 0.090 0.065 0.070 0.065 5264C3 MALAKOF-C3 0.065 -0.010 330 1.030 1.000 9.71 19/03/2018 0.990 0.095 0.430 0.415 6181WB MALTON-WB 0.420 Unch 4994.9 1.190 1.000 19.33 29/06/2018 0.500 0.278 0.355 0.340 5236WA MATRIX-WA 0.355 Unch 108.6 2.210 2.400 24.66 20/07/2020 0.170 0.135 0.160 0.160 6012C3 MAXIS-C3 0.160 0.020 31.5 5.850 5.600 2.56 30/04/2018 0.230 0.115 0.140 0.140 115529 MAYBANKC29 0.140 Unch 50 9.550 9.000 0.84 16/10/2017 0.165 0.085 0.085 0.085 115530 MAYBANKC30 0.085 -0.005 5 9.550 9.100 2.41 24/11/2017 0.135 0.110 0.110 0.110 115532 MAYBANKC32 0.110 -0.005 200 9.550 10.000 9.32 28/02/2018 0.585 0.365 0.565 0.535 5152WA MBL-WA 0.555 -0.005 117.1 1.150 0.800 17.83 28/11/2022 0.230 0.030 0.040 0.035 1171C2 MBSB-C2 0.040 Unch 356.7 1.140 1.300 17.54 02/02/2018 0.105 0.040 0.040 0.040 1171C3 MBSB-C3 0.040 Unch 600 1.140 1.350 25.44 28/02/2018 0.170 0.040 0.040 0.040 1171CW MBSB-CW 0.040 Unch 120 1.140 1.150 7.89 28/11/2017 0.130 0.015 0.015 0.015 1171CX MBSB-CX 0.015 Unch 50 1.140 1.300 16.67 28/11/2017 0.260 0.040 0.110 0.085 0167WB MCLEAN-WB 0.100 -0.010 9.2 0.200 0.250 75.00 07/10/2020 0.045 0.005 0.005 0.005 4502CI MEDIA-CI 0.005 Unch 35 0.860 1.150 34.88 31/10/2017 0.065 0.020 0.050 0.045 4502CJ MEDIA-CJ 0.045 -0.005 943 0.860 1.000 26.74 25/01/2018 0.100 0.015 0.045 0.040 4502CK MEDIA-CK 0.045 -0.005 1003.2 0.860 1.000 26.74 28/02/2018 0.030 0.010 0.025 0.020 4502CL MEDIA-CL 0.025 -0.005 90.1 0.860 1.180 43.02 28/02/2018 0.365 0.140 0.215 0.195 1694WB MENANG-WB 0.210 0.015 1030.4 0.900 1.000 34.44 09/07/2019 0.405 0.095 0.390 0.370 0075WA MEXTER-WA 0.375 -0.015 693.7 0.490 0.130 3.06 17/09/2018 0.145 0.070 0.085 0.085 3069CA MFCB-CA 0.085 0.005 10 3.670 3.950 18.05 02/02/2018 2.330 0.525 1.800 1.770 3069WA MFCB-WA 1.770 0.010 94.3 3.670 2.220 8.72 08/04/2020 0.090 0.015 0.045 0.040 5186C3 MHB-C3 0.045 0.005 7322.5 0.775 0.900 27.74 25/01/2018 0.070 0.020 0.050 0.050 7219WA MINETEC-WA 0.050 Unch 500 0.145 0.150 37.93 27/11/2019 0.115 0.055 0.055 0.055 381612 MISC-C12 0.055 -0.005 216 7.210 7.500 6.31 30/03/2018 0.600 0.340 0.355 0.350 9571WD MITRA-WD 0.355 Unch 25.4 1.050 1.090 37.62 23/08/2020 1.060 0.505 0.580 0.580 6114WB MKH-WB 0.580 -0.005 10.1 2.130 1.550 0.00 29/12/2017 0.105 0.016 0.055 0.050 0085WA MLAB-WA 0.055 Unch 1128.7 0.100 0.090 45.00 24/04/2020 0.070 0.035 0.040 0.035 0085WB MLAB-WB 0.040 Unch 10195.1 0.100 0.150 90.00 10/09/2020 0.115 0.010 0.015 0.015 2194C6 MMCCORP-C6 0.015 0.005 200 1.860 2.450 33.33 30/04/2018 0.055 0.020 0.045 0.040 0103WA MNC-WA 0.045 Unch 5927.7 0.090 0.100 61.11 05/11/2021 0.070 0.020 0.040 0.035 0070WA MQTECH-WA 0.040 0.005 1746.3 0.075 0.100 86.67 21/11/2021 0.065 0.020 0.030 0.025 165121 MRCB-C21 0.025 Unch 565.1 0.940 1.222 33.45 30/04/2018 0.100 0.045 0.050 0.045 165123 MRCB-C23 0.050 0.005 20 0.940 1.134 29.96 19/03/2018 0.095 0.050 0.080 0.075 165126 MRCB-C26 0.080 0.005 93.5 0.940 1.056 21.61 29/06/2018 0.125 0.043 0.060 0.050 1651WA MRCB-WA 0.060 0.010 1830.5 0.940 2.300 151.06 14/09/2018 0.080 0.005 0.010 0.005 0092WA MTOUCHE-WA 0.005 -0.005 60 0.245 1.260 416.33 17/01/2018 0.193 0.026 0.090 0.080 0092WB MTOUCHE-WB 0.090 0.005 1156.8 0.245 0.540 157.14 16/03/2020 0.255 0.070 0.095 0.090 13816 MYEG-C16 0.090 Unch 125.8 2.060 2.000 5.83 02/02/2018 0.110 0.035 0.035 0.035 13818 MYEG-C18 0.035 Unch 10 2.060 2.600 30.46 25/01/2018 0.120 0.080 0.085 0.085 13824 MYEG-C24 0.085 Unch 200 2.060 2.100 12.67 28/02/2018 0.125 0.110 0.120 0.120 13825 MYEG-C25 0.120 Unch 44.8 2.060 2.000 10.19 29/06/2018 0.480 0.115 0.305 0.300 0138C8 MYEG-C8 0.305 Unch 1657.9 2.060 1.567 0.73 31/10/2017 0.745 0.220 0.715 0.700 0108WA N2N-WA 0.700 -0.010 156.1 1.060 0.320 -3.77 06/04/2018 0.065 0.005 0.035 0.030 0020WB NETX-WB 0.030 Unch 7008.9 0.055 0.050 45.45 08/06/2019 0.030 0.015 0.025 0.020 0096WA NEXGRAM-WA 0.020 Unch 478 0.040 0.100 200.00 16/05/2022 0.025 0.010 0.015 0.015 0096WB NEXGRAM-WB 0.015 Unch 10 0.040 0.260 587.50 21/07/2023 0.035 0.015 0.025 0.020 0096WC NEXGRAM-WC 0.025 0.005 250.5 0.040 0.100 212.50 15/01/2024 0.100 0.030 0.035 0.035 7215WA NIHSIN-WA 0.035 Unch 968.6 0.240 0.200 -2.08 11/02/2018 0.415 0.190 0.280 0.275 0172WA OCK-WA 0.275 Unch 592.2 0.885 0.710 11.30 15/12/2020 0.255 0.060 0.125 0.125 7071WC OCR-WC 0.125 Unch 50 0.560 0.500 11.61 24/07/2021 0.280 0.045 0.055 0.055 9008WB OMESTI-WB 0.055 -0.005 15 0.470 0.500 18.09 30/05/2018 0.370 0.195 0.270 0.265 5053WC OSK-WC 0.265 -0.005 337.3 1.630 1.800 26.69 22/07/2020 0.330 0.155 0.285 0.280 7052CM PADINI-CM 0.280 -0.010 10.3 4.510 3.750 4.88 22/02/2018 0.360 0.025 0.360 0.340 0005WA PALETTE-WA 0.345 0.005 13148.5 0.400 0.040 -3.75 20/03/2018 0.300 0.080 0.245 0.235 5125WA PANTECH-WA 0.245 0.005 1762.3 0.700 0.500 6.43 21/12/2020 0.300 0.105 0.255 0.250 5125WB PANTECH-WB 0.255 -0.005 309.1 0.700 0.500 7.86 21/12/2021 0.270 0.130 0.140 0.140 5022WA PAOS-WA 0.140 0.005 7.5 0.510 0.500 25.49 14/12/2021 0.210 0.150 0.165 0.165 518313 PCHEM-C13 0.165 Unch 30 7.320 7.000 3.52 31/05/2018 0.385 0.200 0.225 0.210 9997WB PENSONI-WB 0.225 Unch 10.1 0.600 0.600 37.50 20/01/2024 0.485 0.180 0.320 0.320 8311WC PESONA-WC 0.320 0.005 33 0.545 0.250 4.59 27/01/2020 0.040 0.035 0.040 0.035 5219CB PESTECH-CB 0.035 -0.115 506 1.620 1.880 20.37 31/05/2018 0.130 0.085 0.090 0.090 5681CS PETDAG-CS 0.090 -0.005 1 24.300 24.100 2.88 30/03/2018 0.150 0.010 0.020 0.015 6033CO PETGAS-CO 0.020 Unch 637.4 17.980 19.800 11.12 29/12/2017 0.460 0.180 0.360 0.345 3042CD PETRONM-CD 0.345 -0.005 317.8 11.420 8.500 10.68 22/02/2018 0.245 0.185 0.220 0.210 3042CF PETRONM-CF 0.210 0.005 456.4 11.420 11.000 18.39 09/04/2018 0.200 0.140 0.185 0.180 3042CG PETRONM-CG 0.180 -0.005 120 11.420 9.880 18.04 29/06/2018 0.175 0.125 0.165 0.160 3042CH PETRONM-CH 0.165 0.010 60 11.420 10.880 24.17 29/06/2018 0.285 0.260 0.285 0.285 3042CI PETRONM-CI 0.285 Unch 100 11.420 11.100 22.15 29/06/2018 0.120 0.095 0.110 0.110 8869C1 PMETAL-C1 0.110 -0.005 100 3.840 3.800 10.42 29/06/2018 0.410 0.220 0.395 0.395 8869CT PMETAL-CT 0.395 -0.005 10 3.840 2.900 6.38 30/04/2018 0.260 0.170 0.250 0.250 8869CU PMETAL-CU 0.250 Unch 16 3.840 3.000 4.17 19/03/2018 0.215 0.160 0.205 0.205 8869CV PMETAL-CV 0.205 -0.005 15 3.840 3.300 7.29 22/03/2018 0.160 0.135 0.145 0.145 8869CY PMETAL-CY 0.145 -0.005 200 3.840 3.900 16.67 30/03/2018 0.210 0.185 0.210 0.210 8869CZ PMETAL-CZ 0.210 0.005 150 3.840 3.300 7.81 30/03/2018 3.430 2.200 3.400 3.370 8869WC PMETAL-WC 3.400 0.010 253 3.840 0.390 -1.30 22/08/2019

Main Market & Ace Market Warrants

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

THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY 2 9

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

China — Stocks end higher, boosted by consumer and healthcare fi rms

SHANGHAI: China stocks fi rmed yesterday, helped by a jump in defensive consumer staples such as big liquor producers, while resources shares curbed gains. Sentiment remained largely positive although trade was thin, with Beijing expected to maintain stability in the fi nancial markets ahead of a key party congress later this month. The blue-chip CSI 300 Index rose 0.33% to 3,902.69 points, while the Shanghai Composite Index added 0.16% to 3,388.28. Sector performance was mixed, with consumer and healthcare fi rms leading the advance, while materials sagged and banking stocks pared gains in the afternoon session. Kweichow Moutai, China’s largest liquor maker by market value, climbed 1% to a record high, helping the major consumer index gain more than 2% to the highest since it was launched in 2005. The large-cap fi rm has surged more than 60% this year, as investors chased sector leaders with steady growth. “Market participants are now placing more and more stress on fundamentals, as they seek investment opportunities in sectors with solid growth and reasonable valuations, including consumer fi rms,” said an analyst. Healthcare fi rms also rallied, led by Jiangsu Hengrui Medicine with a 2.5% gain, after the government pledged big healthcare reforms. An index tracking major medical fi rms

advanced to its highest since June 2015, having gained nearly 20% so far this year. But resources firms continued to languish on the weakness in commodities, with China Molybdenum dropping 3.5% and dragging the material sector 0.8% lower. Hong Kong stocks fell yesterday, pressured by a sharp reversal in property shares after the city’s chief executive unveiled a mix of housing and tax relief policies that disappointed some investors. The Hang Seng index fell 0.36% to 28,389.57 points, while the China Enterprises Index lost 0.06% to 11,411.41. In her maiden policy speech, Carrie Lam yesterday warned that the city faced “grave” challenges and must develop a diversifi ed and high-value economy. She pledged to increase land supply where possible and launch a new subsidised “starter homes” scheme to help families not eligible for cheap-rental public housing. But property shares gave up initial gains, and closed the session down 1.8%, as some observers felt Lam’s housing initiatives were not bold enough. In particular, some investors had bet Lam would announce details of how she plans to free up more land in the tiny territory for development. “Property shares are down because of the lack of mention of farmland conversion to build fi rst homes. But the chief executive cannot be too specifi c, so the sell-off doesn’t refl ect the real picture,” said Nicole Wong, a property analyst with CLSA.

Europe — European bourses brace for crucial Catalan meeting after close

MILAN: European bourses ended slightly lower on Tuesday as investors braced themselves for a possible unilateral declaration of independence at the Catalan parliament, which, it is anticipated, would lead to turmoil on Spanish markets and beyond. Blue-chip indices in Paris, Frankfurt and Milan closed fl at, down 0.2% and 0.6% respectively, while Madrid’s IBEX lagged European peers with a loss of 0.9%. The pan-European STOXX 600 Index was fl at, helped by gains in London’s FTSE 100 Index, which ended the day up 0.4% with strong gains among domestic banks. The British market “does offer a bit of sanctuary from the Catalan worries, which is doubtless weighing on European equities generally”, an analyst at IG told Reuters. Financial shares in Spain suffered, whith Banco Santander and Caixabank losing 3% and 2.2%. On the positive side, a Goldman Sachs’ upgrade to “buy” boosted shares in Spanish wind turbine maker Siemens Gamesa up 3.4%. Analysts at the bank said the fi rm was the best positioned to benefi t from strong growth in wind power capacity. Strong results from luxury group LVMH, which fi red the starting gun on third-quarter (3Q) results season, helped support stocks across the consumer goods sector. Shares in the world’s biggest luxury

group rose 2.3% after it beat sales and revenue forecasts in its 3Q, setting a high hurdle for European luxury peers to beat. Luxury brands Christian Dior, and Gucci owner Kering rose 1.6% to 2.2% on the strong performance from the group Bernstein luxury analyst Mario Ortelli said is a “bellwether” for the industry. Swiss fragrance and fl avours maker Givaudan jumped 3.1% and touched a record high during the session after the fi rm stuck to its 2020 targets and reported 3Q sales up 5.7%, beating analysts’ estimates. “The strong 3Q growth gives Givaudan’s investment case a further positive sentiment boost, which comes after worries on the negative impact of natural raw material price increases (vanilla, citrus, onions) on profi tability,” said Baader Helvea analysts. Lufthansa benefi ted from a wide-ranging agreement signed with its main pilots union. Its shares rose by 2.5%. Provident Financial was the worst performer of the index, falling 7.8% after being fi ned over a marketing campaign by its subsidiary Vanquis Bank. Dassault Aviation shares fell 2.2%, with traders citing comments from the chief executive officer (CEO) over delays to its Falcon 5X business jet. BAE Systems was down 0.3% after it said it would shed 2,000 jobs as new CEO Charles Woodburn tries to shake up Britain’s biggest defence contractor in the face of dwindling orders for the Typhoon fi ghter jet. — Reuters

Shanghai CompositeIndex points

3,087.842

Mar 1, 2010 Oct 11, 2017

1900

2875

3850

4825

58003,388.28

+5.30(+0.16%)

Hang SengIndex points

21,056.93

Mar 1, 2010 Oct 11, 2017

28,389.57-101.26

(-0.36%)15800

19075

22350

25625

28900

Euro STOXX 50 IndexIndex points

2,772.70

Mar 1, 2010 Oct 10, 2017

3,598.79-11.71

(-0.32%)1960

2445

2930

3415

3900

Dow JonesIndex points

10,403.79

Mar 1, 2010 Oct 10, 2017

22,830.68+69.61

(+0.31%)

9600

12825

16050

19275

22500

Bursa Malaysia Equity Derivatives

1.050 0.640 0.880 0.865 7088WB POHUAT-WB 0.870 -0.010 105.4 1.920 1.000 -2.60 21/10/2020 0.185 0.100 0.120 0.105 463411 POS-C11 0.115 0.005 772.3 5.300 5.300 9.76 30/04/2018 0.105 0.090 0.105 0.100 463413 POS-C13 0.100 0.005 529.2 5.300 6.000 27.36 29/06/2018 0.285 0.070 0.090 0.070 4634C8 POS-C8 0.090 0.010 299.6 5.300 5.100 3.02 31/10/2017 0.370 0.100 0.120 0.100 4634C9 POS-C9 0.115 0.010 352 5.300 4.900 2.22 16/10/2017 0.710 0.250 0.620 0.615 7168WA PRG-WA 0.615 -0.005 175.6 1.000 0.375 -1.00 06/07/2019 0.710 0.400 0.450 0.450 8966WA PRLEXUS-WA 0.450 -0.005 5 1.260 1.200 30.95 14/06/2021 0.145 0.040 0.100 0.090 7145WA PSIPTEK-WA 0.090 Unch 912.5 0.145 0.100 31.03 16/11/2019 0.145 0.100 0.140 0.130 0186WA PTRANS-WA 0.135 Unch 6126.6 0.285 0.235 29.82 19/09/2020 0.140 0.020 0.075 0.075 0007WA PUC-WA 0.075 Unch 986.6 0.140 0.100 25.00 25/12/2024 0.145 0.015 0.070 0.070 0007WB PUC-WB 0.070 -0.005 2973.3 0.140 0.100 21.43 15/02/2019 0.480 0.200 0.200 0.200 6807WB PUNCAK-WB 0.200 Unch 1.4 0.705 1.000 70.21 20/07/2018 0.750 0.235 0.610 0.605 7134WA PWF-WA 0.610 0.005 82.4 1.110 0.620 10.81 20/07/2021 0.170 0.050 0.095 0.090 5256WA REACH-WA 0.095 0.005 12667.3 0.385 0.750 119.48 12/08/2022 0.110 0.020 0.030 0.030 1066C2 RHBBANK-C2 0.030 Unch 67.7 5.110 5.600 11.35 28/02/2018 0.170 0.110 0.155 0.150 1066C3 RHBBANK-C3 0.150 -0.020 84.7 5.110 5.000 6.65 29/06/2018 0.155 0.030 0.035 0.035 1066CY RHBBANK-CY 0.035 0.005 10 5.110 5.250 6.16 28/11/2017 0.090 0.040 0.050 0.040 5270WA RSENA-WA 0.045 Unch 10901.4 0.455 0.500 19.78 01/12/2023 0.105 0.010 0.010 0.010 0133WB SANICHI-WB 0.010 -0.005 0.5 0.130 0.630 392.31 13/03/2018 0.120 0.025 0.025 0.025 0133WC SANICHI-WC 0.025 -0.005 27 0.130 0.630 403.85 24/09/2019 0.150 0.040 0.045 0.040 0133WD SANICHI-WD 0.045 -0.005 765.9 0.130 0.300 165.38 21/07/2019 0.315 0.065 0.280 0.255 5157WA SAUDEE-WA 0.265 -0.005 1299.5 0.540 0.500 41.67 31/03/2021 0.025 0.005 0.010 0.010 0109WB SCBUILD-WB 0.010 Unch 100 0.030 0.050 100.00 06/11/2019 0.605 0.305 0.435 0.430 7247WA SCGM-WA 0.430 -0.010 68.7 2.870 3.960 52.96 31/07/2020 0.185 0.055 0.115 0.110 0161WA SCH-WA 0.110 -0.005 115.5 0.210 0.100 0.00 04/12/2021 0.190 0.055 0.115 0.115 0028WA SCOPE-WA 0.115 Unch 62 0.215 0.150 23.26 17/07/2020 0.785 0.160 0.390 0.380 7073WB SEACERA-WB 0.385 -0.005 71 0.900 1.000 53.89 29/05/2019 0.270 0.015 0.015 0.015 521838 SENERGYC38 0.015 Unch 654.5 1.450 1.650 15.86 30/11/2017 0.100 0.010 0.015 0.015 521845 SENERGYC45 0.015 Unch 1 1.450 2.000 40.00 28/02/2018 0.120 0.040 0.045 0.045 521846 SENERGYC46 0.045 -0.005 7351.2 1.450 1.700 24.38 30/01/2018 0.130 0.040 0.045 0.040 521847 SENERGYC47 0.045 -0.005 1800.1 1.450 1.700 23.45 30/01/2018 0.145 0.060 0.075 0.075 521850 SENERGYC50 0.075 Unch 443 1.450 1.600 20.69 29/06/2018 0.080 0.045 0.050 0.045 521851 SENERGYC51 0.050 Unch 4660 1.450 1.900 37.93 09/04/2018 0.305 0.115 0.305 0.255 5279CA SERBADK-CA 0.305 0.050 1310 2.640 2.000 4.64 02/02/2018 0.220 0.090 0.220 0.170 5279CB SERBADK-CB 0.220 0.100 40 2.640 2.500 15.53 26/02/2018 0.185 0.090 0.185 0.145 5279CD SERBADK-CD 0.175 0.020 2927.3 2.640 2.600 18.37 30/03/2018 0.240 0.115 0.240 0.205 5279CE SERBADK-CE 0.230 0.035 1306.2 2.640 2.200 9.47 30/03/2018 0.350 0.210 0.235 0.225 7246WA SIGN-WA 0.225 -0.010 62.5 0.835 0.970 43.11 21/04/2021 0.190 0.035 0.050 0.040 419714 SIME-C14 0.040 -0.005 225 9.090 9.000 1.21 29/12/2017 0.305 0.120 0.305 0.275 7155CE SKPRES-CE 0.305 0.030 260 1.650 1.200 0.45 25/01/2018 0.165 0.110 0.165 0.150 7155CF SKPRES-CF 0.165 Unch 669.9 1.650 1.400 4.85 08/01/2018 0.245 0.045 0.055 0.045 9776WB SMCAP-WB 0.055 -0.010 37.8 0.555 1.000 90.09 13/07/2018 0.285 0.135 0.170 0.160 0093WA SOLUTN-WA 0.160 -0.005 143.7 0.285 0.200 26.32 04/07/2021 0.400 0.080 0.130 0.130 8664CW SPSETIA-CW 0.130 Unch 100 3.440 3.400 4.51 29/12/2017 0.140 0.035 0.065 0.060 0129WA SRIDGE-WA 0.060 -0.010 79.2 0.170 0.180 41.18 24/02/2023 0.125 0.020 0.055 0.055 0140WA STERPRO-WA 0.055 -0.005 471.6 0.175 0.480 205.71 17/02/2021 0.175 0.095 0.175 0.170 0080WA STRAITS-WA 0.170 Unch 3323.9 0.275 0.115 3.64 10/08/2022 0.065 0.015 0.030 0.030 1201WA SUMATEC-WA 0.030 Unch 350 0.055 0.320 536.36 03/03/2021 0.060 0.015 0.020 0.015 1201WB SUMATEC-WB 0.015 -0.005 1380 0.055 0.175 245.45 13/11/2018 0.240 0.110 0.195 0.185 5263CJ SUNCON-CJ 0.195 0.005 170.2 2.320 1.840 0.32 31/10/2017 0.135 0.085 0.110 0.110 5263CL SUNCON-CL 0.110 Unch 220 2.320 2.300 13.36 26/04/2018 0.090 0.040 0.040 0.040 3743CA SUNSURIA-CA 0.040 -0.005 16 1.410 1.600 19.15 26/02/2018 0.735 0.305 0.735 0.615 5211WB SUNWAY-WB 0.680 0.075 34941.7 1.800 1.860 41.11 03/10/2024 0.235 0.060 0.145 0.145 0148WB SUNZEN-WB 0.145 Unch 95 0.330 0.250 19.70 25/02/2021 0.155 0.010 0.015 0.015 710627 SUPERMX-C27 0.015 -0.005 50 1.760 2.000 15.34 02/02/2018 0.085 0.030 0.040 0.040 710629 SUPERMX-C29 0.040 Unch 390 1.760 1.900 15.00 30/01/2018

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

0.220 0.120 0.135 0.130 7082WB SYF-WB 0.135 0.005 494.1 0.470 0.700 77.66 11/11/2019 0.365 0.125 0.225 0.225 1538WB SYMLIFE-WB 0.225 0.005 12.5 0.885 1.100 49.72 11/11/2020 0.330 0.145 0.160 0.160 8524WB TALIWRK-WB 0.160 0.005 3 1.380 1.700 34.78 11/11/2018 0.130 0.050 0.060 0.055 0132WA TDEX-WA 0.060 0.005 340.7 0.150 0.110 13.33 21/09/2018 0.800 0.295 0.310 0.310 7200WA TEKSENG-WA 0.310 Unch 9.6 0.490 0.250 14.29 29/01/2020 0.195 0.080 0.085 0.080 534735 TENAGA-C35 0.080 -0.010 396.5 14.200 13.800 0.56 30/11/2017 0.150 0.055 0.060 0.055 534739 TENAGA-C39 0.055 -0.005 62 14.200 14.600 4.75 29/06/2018 0.490 0.235 0.335 0.300 7252WA TEOSENG-WA 0.330 0.030 54.7 0.975 1.350 72.31 29/01/2020 0.160 0.040 0.090 0.090 0145WA TFP-WA 0.090 0.005 10 0.170 0.100 11.76 15/02/2019 3.350 2.490 2.920 2.900 7034WA TGUAN-WA 2.900 0.010 60.5 4.370 1.500 0.69 09/10/2019 0.105 0.050 0.055 0.055 7889WB THRIVEN-WB 0.055 -0.010 30 0.250 0.640 178.00 05/10/2020 0.025 0.005 0.010 0.010 7079WB TIGER-WB 0.010 Unch 480.1 0.045 0.170 300.00 23/12/2018 0.130 0.050 0.070 0.065 5031CO TIMECOM-CO 0.065 Unch 26.6 9.150 9.750 11.53 30/04/2018 0.115 0.020 0.020 0.020 486318 TM-C18 0.020 -0.015 50 6.150 6.600 8.62 07/12/2017 0.125 0.060 0.075 0.060 486320 TM-C20 0.065 -0.030 369 6.150 6.400 6.18 31/05/2018 0.300 0.125 0.165 0.160 0101WB TMCLIFE-WB 0.165 0.005 601.7 0.790 0.750 15.82 21/06/2019 0.810 0.550 0.560 0.550 8397WC TNLOGIS-WC 0.550 -0.010 223 1.540 1.000 0.65 26/12/2018 0.485 0.119 0.410 0.405 7285WA TOMYPAK-WA 0.405 Unch 137 0.945 0.930 41.27 21/06/2021 0.140 0.065 0.065 0.065 711313 TOPGLOV-C13 0.065 Unch 20 5.650 5.220 1.59 31/10/2017 0.200 0.035 0.135 0.125 711317 TOPGLOV-C17 0.125 -0.005 676 5.650 5.200 1.99 29/12/2017 0.155 0.060 0.075 0.075 711318 TOPGLOV-C18 0.075 -0.005 150 5.650 5.400 4.20 30/11/2017 0.120 0.070 0.075 0.070 711301 TOPGLOV-MC01 0.070 -0.005 200 5.650 5.600 6.55 14/12/2017 0.360 0.200 0.220 0.200 5401WA TROP-WA 0.215 0.005 69.7 0.940 1.000 29.26 06/12/2019 0.175 0.005 0.010 0.010 5230CN TUNEPRO-CN 0.010 Unch 4493.2 1.150 1.500 31.74 30/11/2017 0.150 0.005 0.005 0.005 514841 UEMS-C41 0.005 -0.005 330 0.550 1.140 109.09 31/10/2017 0.100 0.005 0.005 0.005 514845 UEMS-C45 0.005 Unch 200 1.110 1.200 9.32 31/10/2017 0.150 0.085 0.085 0.085 514847 UEMS-C47 0.085 -0.005 105 1.110 1.000 5.41 30/01/2018 0.075 0.035 0.035 0.035 514851 UEMS-C51 0.035 -0.005 1300.7 1.110 1.200 14.41 22/02/2018 0.160 0.100 0.105 0.105 514852 UEMS-C52 0.105 0.005 5 1.110 1.100 10.92 31/05/2018 0.195 0.070 0.080 0.075 7091WA UNIMECH-WA 0.075 Unch 218.9 1.040 1.500 51.44 18/09/2018 0.305 0.085 0.250 0.250 5005CU UNISEM-CU 0.250 -0.005 20 3.950 2.700 0.00 16/10/2017 0.200 0.110 0.135 0.135 5005CX UNISEM-CX 0.135 -0.010 300 3.950 3.450 2.72 30/11/2017 0.230 0.100 0.125 0.125 5005CY UNISEM-CY 0.125 Unch 24 3.950 4.000 10.76 08/01/2018 0.200 0.120 0.165 0.150 5005CZ UNISEM-CZ 0.150 -0.015 10 3.950 3.800 7.59 31/05/2018 0.130 0.115 0.130 0.125 0097CD VITROX-CD 0.130 0.010 255 4.720 4.800 18.22 19/04/2018 0.095 0.025 0.055 0.050 0069WB VIVOCOM-WB 0.050 -0.005 10591.1 0.140 0.200 78.57 07/09/2018 0.125 0.050 0.095 0.090 0069WC VIVOCOM-WC 0.090 Unch 9637.7 0.140 0.100 35.71 22/01/2020 0.125 0.055 0.100 0.090 0069WD VIVOCOM-WD 0.095 0.005 6887.1 0.140 0.100 39.29 08/07/2020 0.055 0.020 0.045 0.035 7070WB VIZIONE-WB 0.045 -0.005 4296 0.150 0.160 36.67 20/06/2018 0.115 0.030 0.110 0.105 7070WC VIZIONE-WC 0.110 Unch 3573.9 0.150 0.100 40.00 05/02/2022 0.725 0.210 0.710 0.660 7240WA VOIR-WA 0.700 Unch 428 1.180 0.500 1.69 31/03/2024 0.540 0.115 0.540 0.505 6963CN VS-CN 0.540 0.050 75 3.090 2.000 -0.32 08/12/2017 0.310 0.105 0.310 0.290 6963CQ VS-CQ 0.310 0.035 78.5 3.090 2.280 3.88 30/03/2018 0.210 0.140 0.210 0.200 6963CR VS-CR 0.210 0.025 157.5 3.090 2.480 7.44 29/06/2018 0.055 0.005 0.010 0.005 0066WA VSOLAR-WA 0.010 Unch 2086.5 0.125 0.120 4.00 01/12/2017 1.380 0.240 1.380 1.290 6963WA VS-WA 1.380 0.090 19654.8 3.090 1.650 -1.94 06/01/2019 0.665 0.050 0.075 0.060 9679WD WCT-WD 0.060 -0.015 4592.9 1.740 1.710 1.72 11/12/2017 0.570 0.175 0.285 0.275 9679WE WCT-WE 0.275 -0.005 268 1.740 2.080 35.34 27/08/2020 0.930 0.490 0.650 0.640 7245WA WZSATU-WA 0.640 -0.010 66 1.070 0.500 6.54 28/10/2024 0.220 0.020 0.150 0.140 5156WC XDL-WC 0.140 -0.005 310.6 0.285 0.160 5.26 02/07/2018 0.020 0.005 0.015 0.010 0095WA XINGHE-WA 0.015 0.005 1289.8 0.060 0.100 91.67 22/03/2019 0.110 0.035 0.060 0.055 0165WA XOX-WA 0.055 Unch 890.7 0.115 0.200 121.74 10/02/2019 0.140 0.095 0.100 0.100 7293CN YINSON-CN 0.100 -0.005 50 3.580 3.600 11.73 22/03/2018 0.150 0.050 0.065 0.055 7020WB YKGI-WB 0.065 0.005 526.4 0.200 0.500 182.50 28/05/2020 1.130 0.645 1.120 1.080 7066WA YONGTAI-WA 1.110 0.030 506 1.620 0.500 -0.62 24/06/2020 0.090 0.055 0.085 0.080 467712 YTL-C12 0.085 Unch 300 1.380 1.350 3.99 29/06/2018 0.100 0.010 0.015 0.015 4677C8 YTL-C8 0.015 Unch 104 1.380 1.500 9.78 29/12/2017 0.115 0.025 0.035 0.035 6742C1 YTLPOWR-C1 0.035 Unch 500 1.410 1.400 1.77 28/02/2018 0.445 0.205 0.255 0.240 6742WB YTLPOWR-WB 0.245 -0.005 80.5 1.410 1.140 -1.77 11/06/2018 0.105 0.040 0.045 0.040 2283WA ZELAN-WA 0.045 0.005 865.5 0.130 0.250 126.92 25/01/2019

Main Market & Ace Market Warrants

Page 31: THURSDAY OCTOBER 12, 2017 ISSUE 2510/2017 ... - The Edgetefd.theedgemarkets.com/2017/TEP/20171012c7f21f.pdf · 4 THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY For breaking

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

THURSDAY OCTOBER 12, 2017 • THEEDGE FINANCIAL DAILY 3 0

Local events to watch out for today

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

ASTRO MALAYSIA (633,200) EMPLOYEES PROVIDENT FUND BOARD 324,324,500 6/10AXIATA GROUP (645,500) EMPLOYEES PROVIDENT FUND BOARD 1,401,037,420 3, 4 & 5/10BERMAZ AUTO 700,000 DATO’ AMER HAMZAH BIN AHMAD 175,844,000 9/10BHS INDUSTRIES 585,000 DATUK LEE HWA CHENG 9541752 9 & 10/10DIALOG GROUP (3,000,000) EMPLOYEES PROVIDENT FUND BOARD 713,527,650 5/10DIGI.COM 314,000 EMPLOYEES PROVIDENT FUND BOARD 1,063,391,104 5/10DRB-HICOM (2,000,000) EMPLOYEES PROVIDENT FUND BOARD 107,592,941 5/10GAMUDA 2,020,000 EMPLOYEES PROVIDENT FUND BOARD 286,858,605 5/10GENTING PLANTATIONS 990,200 EMPLOYEES PROVIDENT FUND BOARD 141,899,800 5/10GLOBETRONICS TECHNOLOGY (239,700) EMPLOYEES PROVIDENT FUND BOARD 28,271,500 5/10HIAP HUAT 400,000 BU YAW SENG 21,054,400 6/10IHH HEALTHCARE 396,508 EMPLOYEES PROVIDENT FUND BOARD 784,618,500 3 & 5/10INARI AMERTRON (741,500) EMPLOYEES PROVIDENT FUND BOARD 104,646,150 5/10IOI CORPORATION 10,500,000 VERTICAL CAPACITY 2,961,787,580 6 & 9/10IOI PROPERTIES GROUP 1,000,000 EMPLOYEES PROVIDENT FUND BOARD 302,846,943 5/10KPJ HEALTHCARE 300,000 JOHOR CORPORATION 1,858,643,620 9/10KUALA LUMPUR KEPONG 949,600 EMPLOYEES PROVIDENT FUND BOARD 149,297,088 5/10LEWEKO RESOURCES (16,000,000) ABD AZIZ BIN JANTAN 25,704,074 9 & 10/10M N C WIRELESS 6,000,000 METRONIC GLOBAL 76,856,400 9/10MALAYAN BANKING 5,378,000 AMANAHRAYA TRUSTEES 3,795,000,000 6/10 - SKIM AMANAH SAHAM BUMIPUTERAMALAYAN BANKING 1,350,000 EMPLOYEES PROVIDENT FUND BOARD 1,266,595,861 5/10MALAYSIA AIRPORTS (568,000) EMPLOYEES PROVIDENT FUND BOARD 186,192,892 5/10MAXIS 745,100 EMPLOYEES PROVIDENT FUND BOARD 841,376,824 5/10MEDIA PRIMA (600,000) EMPLOYEES PROVIDENT FUND BOARD 150,306,238 5/10MEDIA PRIMA (822,500) MORGAN STANLEY & CO. LLC. US 97,180,800 6/10MISC (298,800) EMPLOYEES PROVIDENT FUND BOARD 275,922,131 20, 21 & 25/9NAIM INDAH CORPORATION (2,000,000) RAJINDER KAUR PIARA SINGH 9/10PETRONAS CHEMICALS GROUP (1,222,900) EMPLOYEES PROVIDENT FUND BOARD 681,767,700 5/10PETRONAS GAS (383,500) EMPLOYEES PROVIDENT FUND BOARD 201,301,800 5/10PPB GROUP 626,600 EMPLOYEES PROVIDENT FUND BOARD 115,002,479 5/10PUBLIC BANK 3,137,600 EMPLOYEES PROVIDENT FUND BOARD 536,223,800 5/10SAPURA ENERGY (15,000,000) EMPLOYEES PROVIDENT FUND BOARD 606,957,544 3/10SIME DARBY 431,100 AMANAHRAYA TRUSTEES 2,782,377,100 6/10 - SKIM AMANAH SAHAM BUMIPUTERASIME DARBY (2,510,700) EMPLOYEES PROVIDENT FUND BOARD 744,494,731 5/10SUNWAY REAL ESTATE (500,000) EMPLOYEES PROVIDENT FUND BOARD 391,836,700 5/10INVESTMENT TRUSTTA GLOBAL 2,100,000 DATUK TIAH THEE KIAN 513,044,038 6,9 & 10/10TA WIN 300,000 PIONEER CONGLOMERATE 3,500,000 6/10TENAGA NASIONAL 3,933,200 AMANAHRAYA TRUSTEES 343,267,200 6/10 - SKIM AMANAH SAHAM BUMIPUTERATENAGA NASIONAL 2,296,300 EMPLOYEES PROVIDENT FUND BOARD 722,721,582 5/10TEXCHEM RESOURCES (400,000) TEXCHEM CORPORATION S/B 20,753,109 10/10THRIVEN GLOBAL 5,000,000 GHAZIE YEOH BIN ABDULLAH 18,136,075 9/10TIME DOTCOM 1,122,000 EMPLOYEES PROVIDENT FUND BOARD 32,702,700 5/10TOP GLOVE CORPORATION (179,500) EMPLOYEES PROVIDENT FUND BOARD 87,554,429 5/10UEM SUNRISE 1,000,000 LEMBAGA TABUNG HAJI 314,250,400 6/10VERSATILE CREATIVE 456,000 YAP JEE WYE 2,094,200 6/10WELLCALL (184,100) MONDRIAN INVESTMENT PARTNERS LTD, UK 26,582,800 6/10YINSON (751,100) EMPLOYEES PROVIDENT FUND BOARD 122,617,216 5/10

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

Insider moves (Filings on Oct 10, 2017)Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the company’s outlook.

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

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

NZ $ 0.598 0.708 0.689 0.536 0.885 0.959 0.959 0.908 2.9892 4.663 57.506 4.451 2.599 9,562 46.091 79.361 5.610 36.390 2.575 2.653 5.699 23.468 5.523

EURO 1.672 1.183 1.152 0.897 1.480 1.604 1.604 1.519 4.9990 7.798 96.170 7.443 4.346 15,991 77.080 132.719 9.383 60.857 4.307 4.437 9.531 39.247 9.236

US $ 1.413 0.845 0.974 0.758 1.251 1.356 1.356 1.284 4.2250 6.591 81.280 6.291 3.673 13,515 65.145 112.170 7.930 51.434 3.640 3.750 8.055 33.170 7.806

SWISS FR 1.451 0.868 1.027 0.778 1.284 1.392 1.392 1.318 4.3382 6.767 83.458 6.459 3.771 13,877 66.891 115.175 8.142 52.812 3.738 3.851 8.271 34.059 8.015

STERLING £ 1.865 1.115 1.319 1.285 1.650 1.788 1.789 1.693 5.5736 8.694 107.224 8.298 4.845 17,829 85.939 147.974 10.461 67.852 4.802 4.947 10.627 43.758 10.297

CANADA $ 1.130 0.676 0.800 0.779 0.606 1.084 1.084 1.026 3.3781 5.270 64.988 5.030 2.937 10,806 52.087 89.686 6.340 41.124 2.910 2.998 6.441 26.521 6.241

BRUNEI $ 1.043 0.624 0.738 0.718 0.559 0.923 1.000 0.947 3.1169 4.862 59.963 4.641 2.710 9,971 48.060 82.751 5.850 37.944 2.685 2.767 5.943 24.470 5.759

SINGAPORE $ 1.042 0.623 0.737 0.718 0.559 0.922 1.000 0.947 3.1158 4.860 59.941 4.639 2.709 9,967 48.043 82.722 5.848 37.931 2.684 2.766 5.941 24.462 5.757

AUSTRALIA $ 1.101 0.658 0.779 0.759 0.591 0.974 1.056 1.056 3.2917 5.135 63.325 4.901 2.862 10,530 50.755 87.392 6.178 40.072 2.836 2.922 6.276 25.843 6.082

MALAYSIA RM 0.335 0.200 0.237 0.231 0.179 0.296 0.321 0.321 0.304 1.0000 1.560 19.238 1.489 0.869 3,199 15.419 26.549 1.877 12.174 0.862 0.888 1.907 7.851 1.848

100 CHINESE RMB 21.446 12.824 15.173 14.777 11.502 18.977 20.567 20.574 19.475 64.1060 1,233 95.447 55.730 205,067 988.451 1,702 120.319 780.410 55.230 56.900 122.223 503.290 118.438

100 BANGLAD’H TAKA 1.739 1.040 1.230 1.198 0.933 1.539 1.668 1.668 1.579 5.1981 8.109 7.739 4.519 16,628 80.149 138.004 9.756 63.280 4.478 4.614 9.911 40.810 9.604

100 DANISH KRONER 22.469 13.435 15.897 15.482 12.050 19.882 21.548 21.556 20.404 67.1640 104.77 1,292 58.389 214,849 1,035.60 1,783 126.06 817.64 57.86 59.61 128.05 527.30 124.09

100 UAE DIRHAM 38.481 23.010 27.226 26.515 20.638 34.051 36.905 36.918 34.945 115.0286 179.43 2,213 171.27 367,962 1,774 3,054 215.89 1,400 99.10 102.10 219.31 903.08 212.52

1000 INA RUPIAH 0.010 0.006 0.007 0.007 0.006 0.009 0.010 0.010 0.009 0.0313 0.049 0.601 0.047 0.027 0.482 0.830 0.059 0.381 0.027 0.028 0.060 0.245 0.058

100 INDIA RUPEE 2.170 1.297 1.535 1.495 1.164 1.920 2.081 2.081 1.970 6.4855 10.117 124.767 9.656 5.638 20,746 172.184 12.172 78.953 5.588 5.757 12.365 50.917 11.982

100 JAPAN YEN 1.260 0.753 0.892 0.868 0.676 1.115 1.208 1.209 1.144 3.7666 5.876 72.461 5.608 3.274 12,049 58.077 7.069 45.854 3.245 3.343 7.181 29.571 6.959

100 NORWEGIAN KRONER 17.824 10.658 12.611 12.282 9.559 15.772 17.094 17.100 16.186 53.2800 83.112 1,025 79.328 46.319 170,436 821.525 1,415 648.617 45.903 47.291 101.582 418.296 98.436

100 PHILIPPINE PESO 2.748 1.643 1.944 1.894 1.474 2.432 2.635 2.636 2.495 8.2144 12.814 158.028 12.230 7.141 26,277 126.658 218.085 15.417 7.077 7.291 15.661 64.490 15.176

100 QATAR RIYAL 38.830 23.219 27.473 26.756 20.825 34.360 37.239 37.253 35.262 116.0714 181.062 2,233 172.818 100.907 371,298 1,790 3,082 217.852 1,413 103.025 221.299 911.264 214.445

100 SAUDI RIYAL 37.690 22.537 26.666 25.970 20.214 33.351 36.146 36.159 34.227 112.6637 175.746 2,167 167.744 97.944 360,397 1,737 2,991 211.456 1,372 97.064 214.802 884.511 208.149

100 SWEDISH KRONOR 17.547 10.492 12.414 12.090 9.410 15.526 16.828 16.834 15.934 52.4500 81.818 1,009.028 78.092 45.597 167,781 808.727 1,393 98.442 638.513 45.188 46.554 411.779 96.903

100 THAI BAHT 4.261 2.548 3.015 2.936 2.285 3.771 4.087 4.088 3.870 12.7374 19.869 245.041 18.965 11.073 40,745 196.398 338.167 23.907 155.062 10.974 11.306 24.285 23.533

100 HK$ 18.107 10.827 12.811 12.477 9.711 16.023 17.365 17.372 16.443 54.1264 84.433 1,041.278 80.588 47.055 173,144 834.576 1,437 101.589 658.921 46.632 48.042 103.196 424.941

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

AEON 1.990 1.950 1.960 1469.8TENAGA-C35 0.085 0.080 0.080 396.5HAIO-CB 0.195 0.195 0.195 100JCY-C5 0.075 0.075 0.075 10AMBANK-CY 0.010 0.010 0.010 483TIMWELL 0.550 0.550 0.550 2GENM-C28 0.065 0.055 0.060 136.9AAX-C11 0.090 0.085 0.085 1220MNRB 2.400 2.310 2.360 405.1TM-C20 0.075 0.060 0.065 369DSONIC-C2 0.090 0.085 0.085 95BARAKAH-LA 0.420 0.420 0.420 1.6MALAKOF-C1 0.070 0.065 0.065 1190MALAKOF-C3 0.070 0.065 0.065 330GENM-C24 0.075 0.065 0.070 1135.1AIRASIAC54 0.030 0.025 0.030 857GENM-C26 0.055 0.050 0.055 4239.4

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

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

VS-WA 1.380 1.290 1.380 19654.8FGV-C37 0.105 0.085 0.105 2978.4LIONFIB 0.815 0.760 0.810 1381.7BSTEAD 3.040 3.000 3.030 1276.7MRCB-OR 0.165 0.120 0.160 83085.7VS 3.100 2.980 3.090 13389HUBLINE-WB 0.085 0.065 0.085 16597.9CARLSBG 15.120 15.040 15.120 129.1FOCUS 0.470 0.415 0.440 18455.4UCHITEC 2.900 2.790 2.890 1413.3VS-CR 0.210 0.200 0.210 157.5JCY-C5 0.075 0.075 0.075 10MPI 14.500 14.060 14.400 175SERBADK-CD 0.185 0.145 0.175 2927.3SKPRES 1.650 1.580 1.650 4565.3VITROX-CD 0.130 0.125 0.130 255VS-CQ 0.310 0.290 0.310 78.5

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

Trading themes

Stocks closest to year high Stocks closest to year low

Navistar’s Escobedo truck factory in Mexico

• Th e Federation of Malaysian Manufac-turers is organising a conference themed “Getting Ready for Industry 4.0” at Th e Royale Chulan Damansara Hotel, Jalan PJU 7/3, Mutiara Damansara, Petaling Jaya at 8.30am.

• Opening ceremony of International Greentech and Eco Products Exhibition and Conference Malaysia 2017 by the en-ergy, green technology and water ministry at Kuala Lumpur Convention Centre, Ple-nary Th eatre, Jalan Pinang, Kuala Lumpur from 9am to 12.45pm.

• Th e Australian International School Ma-laysia (AISM) to host Masterchef Australia winner 2017, Diana Chan at AISM, Jalan Anggerik, Mines Wellness City, Seri Kem-bangan, Serdang, in Selangor from 9.30am to noon.

• Opening of Jade Hills’ new sales gallery at Jade Hills Resort Club, Persiaran Jade

Hills, Kajang at 10am.• Offi cial launch of the Wellness Cluster in

conjunction with the National Innova-tion and Creative Economy Expo 2017 at Bioeconomy Corp Pavilion, Tent 2, Jalan Teknologi 2, Technology Park Malaysia, Bukit Jalil from 11.30am to 12.30pm.

• Th e Asean IN Award 2017 and Malaysia Global Chamber of Commerce inaugural offi cial launch at Event lounge, MTREE Hotel, Jalan Kenari 12, Bandar Puchong Jaya, Puchong, Selangor at 2.30pm.

• Shell Malaysia Trading Sdn Bhd is launch-ing a new three-year global brand cam-paign for its bestselling passenger car motor oil brand, Shell Helix, anchored by a comprehensive rewards programme for loyal consumers and workshop owners at Level 3A Connexion@Nexus, Jalan Ker-inchi, Bangsar South City, Kuala Lumpur from 5pm to 8pm.

Navistar’s Escobedo plant in Mexico is the company’s biggest globally, able to make 62,500 trucks per year. Navistar exports to around 30 countries and less than half the trucks made at the plant are exported to the US. However, the future of the plant is closely linked to the North American Free Trade Agreement, with around half the parts used in vehicles made on site imported from the US and Canada.

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MarketsF U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S

3 1

THURSDAY OCTOBER 12, 2017 • THEED G E FINANCIAL DAILY

Index futures

FUTURES FAIR VALUECONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE

FUTURES ROLL OVER BID OFFER CLOSE

OCT/NOV 0.0 -1.0 -0.5

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

Money market

Commodities

OCT/NOV -22OCT/DEC -25OCT/JAN -33NOV/DEC -3

CPO FUTURES INDICATIVE ROLL-OVER

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

OPEN CHANGE INCONTRACT LAST CHANGE VOLUME INTEREST OPEN INTEREST

OCT-17 2,670 -40 1 1,151 -144NOV-17 2,692 -2 1,363 8,525 -918DEC-17 2,695 1 17,127 56,084 -2,306JAN-18 2,703 5 9,137 51,672 -693FEB-18 2,708 6 3,997 20,147 2,370

Palm oil edges up on stronger demand

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

Oil prices rise on tighter market

METAL & PRECIOUS METALSTIN US$/TON KLTM 20,850 UNCHCOPPER USC/IBS CMX 3.0590 -0.0015GOLD US$/TROY OZ CMX 1,290.70 -1.40PLATINUM US$/TROY OZ NYMEX 934.90 0.20PALLADIUM US$/TROY OZ NYMEX 931.20 2.60SILVER USC/TROY OZ CMX 17.15 -0.03ALUMINIUM RMB/TON SHF 16,330 -330ZINC RMB/TON SHF 26,135 -45

ENERGYLIGHT CRUDE OIL US$/BBL NYMEX 50.95 0.03HEATING OIL USC/GAL NYMEX 1.7724 0.0080NATURAL GAS US$/MMBTU NYMEX 3.109 0.038BRENT CRUDE US$/BBL ICE 56.55 -0.06GAS OIL US$/TON ICE 531.75 1.00

CRUDE PALM OIL RM/TON MDEX 2,695 1RUBBER SEN/KG MRB 591.00 -10.00CORN USC/BSH CBOT 348.00 -1.25SOYBEANS USC/BSH CBOT 966.00 -0.75WHEAT USC/BSH CBOT 433.50 -1.75LIVE CATTLE USC/IBS CME 118.80 UNCHCOCOA US$/TON NYBOT 2,061 UNCHCOFFEE USC/IBS NYBOT 132.55 -2.15SUGAR USC/IBS NYBOT 14.25 0.01COTTON USC/IBS NYC 69.19 0.19

AGRICULTURE UNIT EXCHANGE LAST PRICE CHANGE

Rubber - M’sia SMR 20

Sen/Kg

Jan 7, 2007 Oct 11, 2017

200

625

1050

1475

1900

591.00(-10.00)

SGS & ITS EXPORT ESTIMATES (TONNES)SHIPMENT DAYS

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

JUL’17 AUG’17 SEPT’17

381/360 363/355 397/380 616/599 537/512 652/626 818/797 693/679 878/852 1,044/1,017 956/934 1,106/1,085 1,260/1,239 1,259/1,243 1,385/1,373

MALAYSIAN PALM OIL BOARD

PRODUCTIONEXPORT STOCKS

FKLI

Index points Open Interest

Jan 4, 2010

2000

24000

46000

68000

90000

1200

1395

1590

1785

1980

Oct 11, 2017

1,757.50(-2.00)

Klibor

Implied interest rate (%)

Oct 1, 2000

3.50(Unch)

Oct 11, 2017

1.5

2.5

3.5

4.5

Centrifuged Latex

Sen/Kg

Jan 7, 2007

494.50(-20.50)

Oct 11, 2017

300

500

700

900

1100

CPO futures

FBM KLCI futures

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

MONTH SETTLEMENT CHANGE VOLUME OPEN PRICE INTEREST

Klibor

Malaysian palm oil futures ended slightly higher yesterday, supported by a stronger export outlook and technical buying, though gains were capped by expectations of rising production in October. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 0.1% or RM1 at RM2,695 a tonne at the close. Palm oil earlier fell to an intraday low of RM2,677, its lowest level since Oct 3. “Players are concerned about much higher production coming in for Malaysia for the October month,” said a futures trader from Kuala Lumpur. Rising output could contribute to gains in inventory levels, which hit the two million tonne mark at end-September, offi cial data from the Malaysian Palm Oil Board showed. Th e market had seen stronger gains in earlier trade on better demand outlook and a technical rebound, traders said. “Th e market came off a lot on Monday, so it is just a technical rebound,” said a futures trader from Kuala Lumpur. Another trader added that expectations of stronger export demand contributed to palm oil’s morning gains. “Exports overall could remain strong in the near term ... India may gear up purchases to cover some of the shortfall,” he added, as stock levels at the world’s largest vegetable oil consumer are low. — Reuters

JUN’17 JULY’17 AUG’17 SEP’17

1,514 1,827 1,810 1,780 1,379 1,398 1,487 1,515 1,527 1,784 1,942 2,019

MPOB FFB REF PRICE (MILL GATE PRICE)

NORTH 20.00% 623 19.00% 596 18.00% 570SOUTH 20.00% 625 19.00% 598 18.00% 571CENTRAL 20.00% 620 19.00% 594 18.00% 567EAST COAST 20.00% 621 19.00% 595 18.00% 568SABAH 22.00% 603 21.00% 579 20.00% 554SARAWAK 22.00% 610 21.00% 585 20.00% 560

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

(IN RM/TON) OCT’17 NOV’17 DEC’17

CPO DELD 2,686.50 2,705.00 NO TRADEPK EX-MILL 2,650.00 NO TRADE NO TRADECPKO DELD 5,580.50 5,539.00 NO TRADERBD P.OIL FOB NO TRADE NO TRADE NO TRADERBD P.OLEIN FOB NO TRADE NO TRADE NO TRADERBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE

MPOB Palm oil physical

Oil prices edged higher for a third day yesterday as Opec said the market was gradually tightening after years of oversupply, but the 2018 outlook was less certain. Brent crude futures, the international benchmark for oil prices, were trading at US$56.55 per barrel, lost six US cents. Brent closed 2% higher the previous day. US West Texas Intermediate (WTI) crude futures were at US$50.95 a barrel, up three US cents from their last settlement. WTI also closed 2% higher on Tuesday. Yesterday, the Opec forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was clearing the glut after more than three years of excess. “Opec and key non-Opec oil producers continue to successfully drain the oil market of excess barrels,” the group said. — Reuters

Commodities

in nearly 24 years, Indonesian shares fell 0.4%. — Agencies

CPO & Open Interest

CPO RM/tonne Open Interest

Jan 6, 2008 Oct 11, 2017

10000

57500

105000

152500

200000

1200

1950

2700

3450

4200

(+1)2,695

CPO vs Soyoil

CPO RM/tonne Soyoil US$/Ibs

Jan 6, 2008 Oct 11, 2017

0.3329(RM3,097/tonne)

2,695(+1)

0.000

0.175

0.350

0.525

1100

2425

3750

5075

6400 0.700

Th e US dollar dipped to a 12-day low against a basket of major currencies yesterday as uncertainty that US President Donald Trump’s would push through his planned tax reforms pushed the greenback down against a broadly stronger euro. The euro hit a two-week high of US$1.1845, climbing alongside Spanish stocks and bonds, on relief that Catalonia had stopped short of formally declaring independence from the rest of Spain. Th e single currency was also supported by expectations that the European Central Bank would announce that it is winding back its huge bond-buying programme when it holds its next policy meeting later in the month, said Commerzbank currency strategist Th u Lan Nguyen, in Frankfurt. — Reuters

US dollar dips on tax reform uncertainty, euro strength

Th e FBM KLCI futures contracts on Bursa Malaysia Derivatives closed lower yesterday in line with the underlying cash market. October 2017 and December 2017 fell two points each to 1,757.5 and 1,756.5 respectively, while November 2017 and March 2018 slid one point each to 1,757.5 and 1,759 respectively. Turnover increased to 6,203 lots from 3,275 lots on Tuesday with open interest amounting to 29,395 contracts from 26,936 contracts. Th e underlying benchmark FBM KLCI fi nished 3.92 points lower at 1,757.21. Most Southeast Asian stock markets ended lower yesterday on foreign fund outfl ows ahead of the release of minutes of the US Federal Reserve’s September meeting. Th ai shares extended gains to their highest

FBM KLCI futures contracts close lower

Crude Oil

US$/bbl

Apr 10, 2007 Oct 11, 2017

50.95(+0.03)

20.00

53.75

87.50

121.25

155.00

Gold

US$/troy oz

Aug 31, 2008 Oct 11, 2017

700

1020

1340

1660

1980

1,290.70(-1.40)

Long Rolls - KLCI futures

Index points

Jan 4, 2010

-0.50(+0.50)

Oct 11, 2017

-35.00

-21.75

-8.50

4.75

18.00

US Dollar

USD Index

Oct 2, 2006

71.0

79.5

88.0

96.5

105.093.162(-0.128)

Oct 11, 2017

FBMKLCI 1,757.21 -3.92 77.9M OCT 17 1,757.50 -2.00 6,099 28,629 -475NOV 17 1,757.50 -1.00 71 179 12DEC 17 1,756.50 -2.00 17 360 -1MAR 18 1,759.00 -1.00 16 227 0TOTAL 6,203 29,395 -464

OCT 17 20 3.07 1.47 1.60NOV 17 50 7.67 6.11 1.56ROLL’S FAIR -0.04

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

F U T U R E S . M O N E Y M A R K E T . C O M M O D I T I E S PA G E 3 1

I N S I D E R M O V E S . T R A D I N G T H E M E S . E V E N T S . F O R E X PA G E 3 0

G L O BA L M A R K E T S . B U R SA M A L AY S I A E Q U I T Y D E R I VAT I V E S PA G E 2 9

M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 2 5RESEARCH: TAI TS [[email protected]; SUGUMARAN [[email protected]]

CONTRACT SETTLEMENT CHANGE HIGH LOW

KUALA LUMPUR: Th e FBM KLCI cut losses for a 3.92-point or 0.2% drop yesterday after index-linked IHH Healthcare Bhd’s share price spiked in the fi nal trading minutes. At 5pm, the FBM KLCI closed at 1,757.21 points, while IHH rose 20 sen to RM5.91. IHH was Bursa Malaysia’s third-largest gainer. Earlier, telecommunication companies’ (telco) shares weighed down the FBM KLCI. Besides telco stocks Axiata Bhd, Digi.Com Bhd, Maxis Bhd and Telekom Malaysia Bhd, shares in Genting Bhd and Genting Malaysia Bhd also contributed to FBM KLCI’s loss. “Th ere is concern that valuations are still running ahead of earnings as share prices have already run up a fair bit,” Areca Capital Sdn Bhd chief executive offi cer Danny Wong said. At 5pm, Genting Bhd shares fell 13 sen to close at RM9.50; Genting Malaysia dropped nine sen to RM5.27, while Digi was 10 sen lower at RM4.88. Genting Bhd and Genting Malaysia were Bursa’s second and seventh largest decliners respectively. Digi was the fi fth-largest decliner. Across Bursa, 3.18 billion shares were traded for RM2.31 billion. Gainers outpaced decliners at 395 and 384 respectively. Most active was Key Asic Bhd with some 249 million shares transacted. Th e stock rose 10.5 sen to close at 27 sen. — by Samantha Ho

FBM KLCI cuts losses on IHH spike as telcos weigh down index

KLCI CHANGE CLOSE VOLUME POINTS (RM) (RM) ('000)IHH HEALTHCARE 2.70 0.200 5.910 3694.9WESTPORTS HOLDINGS 0.22 0.040 3.870 977.3RHB BANK 0.20 0.030 5.110 713.5YTL CORPORATION 0.18 0.010 1.380 4612.3MAYBANK 0.17 0.010 9.550 5258.4PETRONAS GAS -0.26 -0.080 18.500 250.0PETRONAS CHEMICAL -0.26 -0.020 7.320 11067.2IJM CORPORATION -0.36 -0.060 3.280 1958.0TENAGA NASIONAL BERHAD -0.37 -0.040 14.200 3394.7TELEKOM MALAYSIA -0.43 -0.070 6.150 1711.2AXIATA GROUP -0.44 -0.030 5.290 11138.7SIME DARBY -0.56 -0.050 9.090 8180.0MAXIS -0.64 -0.050 5.850 2788.9GENTING -0.82 -0.130 9.500 2715.6GENTING MALAYSIA -0.88 -0.090 5.270 15932.5DIGI.COM -1.28 -0.100 4.880 1910.3SUB-TOTAL -2.82 OTHERS -1.10 GRAND TOTAL -3.92

1,764.00 1,754.00 1,762.00 1,755.00 1,761.00 1,756.50

Market movers

DOW JONES 22,830.68 69.61S&P 500 2,550.64 5.91NASDAQ 100 6,063.52 4.99FTSE 100 7,538.27 30.38AUSTRALIA 5,772.15 34.04CHINA 3,388.28 5.30HONG KONG 28,389.57 -101.26INDIA 31,833.99 -90.42

INDONESIA 5,882.79 -22.98JAPAN 20,881.27 57.76KOREA 2,458.16 24.35PHILIPPINES 8,358.47 -39.57SINGAPORE 3,280.28 -8.67TAIWAN 10,641.19 108.38THAILAND 1,714.14 7.19VIETNAM 813.95 3.30

CLOSE CHANGE CLOSE CHANGE

World equity indices

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

Daily top 20 active stocks

MPI 14.400 0.340HSI-C1N 1.400 0.260BAT 43.100 0.240IHH 5.910 0.200AJI 20.200 0.180MESB 1.110 0.145AEONCR 13.200 0.140SERBADK 2.640 0.140OKA 1.820 0.130GKENT 3.230 0.120HEVEA-WB 1.450 0.120KEYASIC 0.270 0.105

GENTING 9.500 -0.130SAM 7.260 -0.130PESTECH-CB 0.035 -0.115GAMUDA-C38 0.014 -0.105HSI-C1E 1.500 -0.100UTDPLT 27.340 -0.100DIGI 4.880 -0.100GENM 5.270 -0.090GAMUDA-C37 0.060 -0.090LIIHEN 3.960 -0.090GENETEC 1.490 -0.080KLK 24.700 -0.080

UP CHANGE CLOSE (RM)

DOWN CHANGE CLOSE (RM)

Top gainers and losers (ranked by RM)

 MTOUCHE-OR 0.010 100.00EKOVEST-CA 0.010 100.00SERBADK-CB 0.220 83.33KEYASIC 0.270 63.64XINGHE-WA 0.015 50.00MMCCORP-C6 0.015 50.00DBE-WB 0.020 33.33FGV-C37 0.105 31.25HUBLINE-WB 0.085 30.77FBMKLCI-H4G 0.110 29.41DGSB 0.045 28.57HUBLINE-WA 0.045 28.57

PESTECH-CB 0.035 -76.67AMBANK-CY 0.010 -75.00GAMUDA-C38 0.045 -70.00GAMUDA-C37 0.060 -60.00MTOUCHE-WA 0.005 -50.00UEMS-C41 0.005 -50.00JCY-C5 0.075 -50.00TM-C18 0.020 -42.86GENM-C25 0.025 -37.50DIGI-C19 0.025 -37.50SANICHI-WB 0.010 -33.33APFT-WA 0.010 -33.33

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

Top gainers and losers (ranked by percentage)

FBM KLCI & KLCI futures intraday

Daily FBM KLCI

FBM KLCI sensitivity*

FBM KLCI futures

MTOUCHE-OR 0.010 100.00EKOVEST-CA 0.010 100.00SERBADK-CB 0.220 83.33XINGHE-WA 0.015 50.00MMCCORP-C6 0.015 50.00DBE-WB 0.020 33.33FGV-C37 0.105 31.25HUBLINE-WB 0.085 30.77FBMKLCI-H4G 0.110 29.41HUBLINE-WA 0.045 28.57MRCB-OR 0.160 28.00KGROUP-WA 0.025 25.00

PESTECH-CB 0.035 -76.67AMBANK-CY 0.010 -75.00GAMUDA-C38 0.045 -70.00GAMUDA-C37 0.060 -60.00MTOUCHE-WA 0.005 -50.00UEMS-C41 0.005 -50.00JCY-C5 0.075 -50.00TM-C18 0.020 -42.86GENM-C25 0.025 -37.50DIGI-C19 0.025 -37.50SANICHI-WB 0.010 -33.33APFT-WA 0.010 -33.33

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

Top gainers and losers - warrants (ranked by percentage)

KEYASIC 248,784 63.64 0.105 0.270 0.285 0.170MTOUCHE-OR 242,381 100.00 0.005 0.010 0.010 0.005DGSB 80,777 28.57 0.010 0.045 0.045 0.035TRIVE-WB 75,368 12.50 0.005 0.045 0.050 0.040SUNWAY-WB 34,942 12.40 0.075 0.680 0.735 0.615DNEX-WD 33,183 0.00 0.000 0.220 0.230 0.215LUSTER 31,911 4.00 0.005 0.130 0.135 0.125DATAPRP 26,751 -14.10 -0.055 0.335 0.410 0.325FGV 24,687 3.98 0.070 1.830 1.830 1.770M3TECH-WA 23,484 0.00 0.000 0.065 0.065 0.055VS-WA 19,655 6.98 0.090 1.380 1.380 1.290HUBLINE-WB 16,598 30.77 0.020 0.085 0.085 0.065CUSCAPI-WA 14,762 -3.23 -0.005 0.150 0.165 0.145JOHAN 14,341 1.96 0.005 0.260 0.285 0.255PALETTE-WA 13,149 1.47 0.005 0.345 0.360 0.340KGROUP 12,698 8.00 0.010 0.135 0.140 0.125

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

Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares traded for a particular counter on the previous trading day is more than triple the average volume for the last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of market expectations for these counters.

UNUSUAL MARKET ACTIVITIES

* How stock price changes affected the index on the previous trading day

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Moving average - 20-dayKL Composite Index

Volume (’mil)

Jan 2, 2008 Oct 11, 2017

1,757.21(-3.92)

1,767.65

820.0

1122.5

1425.0

1727.5

2030.0

0

300

600

900

1751.0

1752.3

1753.6

1754.9

1756.2

1757.5

1758.8

1760.1

1761.4

1762.7

1764.0

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

Index point

KL Composite Index

KLCI futures 1,757.50(-2.00)

1,757.21(-3.92)

OCT 17 1,757.50 -2.00NOV 17 1,757.50 -1.00DEC 17 1,756.50 -2.00

Have patience. All things are difficult before they become easy. — Saadi

KEYASIC 248,783.9 0.105 63.64 0.270 — 0.00MTOUCHE-OR 242,380.5 0.005 100.00 0.010 — 0.00HIBISCS 121,598.0 0.015 2.10 0.730 9.26 0.00MRCB-OR 83,085.7 0.035 28.00 0.160 — 0.00DGSB 80,777.2 0.010 28.57 0.045 58.33 0.00TIGER 76,611.7 UNCH UNCH 0.045 — 0.00TRIVE-WB 75,368.2 0.005 12.50 0.045 — 0.00HUBLINE 68,468.9 0.010 7.14 0.150 58.33 0.00PALETTE 65,036.7 0.015 3.90 0.400 — 0.00VIVOCOM 52,276.2 -0.005 -3.45 0.140 23.39 0.00M3TECH 51,807.5 0.005 3.45 0.150 — 0.00TRIVE 47,302.2 0.020 12.50 0.180 66.67 0.00CUSCAPI 43,549.5 -0.010 -2.99 0.325 — 0.00SUNWAY-WB 34,941.7 0.075 12.40 0.680 — 0.00DNEX-WD 33,182.7 UNCH UNCH 0.220 — 0.00LUSTER 31,910.9 0.005 4.00 0.130 — 0.00PWORTH 31,402.5 0.005 1.92 0.265 40.63 0.00UMWOG 31,324.3 0.005 1.67 0.305 — 0.00MTOUCHE 31,124.6 0.005 2.08 0.245 58.54 0.00KNM 27,325.8 0.005 1.79 0.285 — 0.00

1,757.21 3.92 6,798.59 1.12 3,280.28 8.67 20,881.27 57.76 28,389.57 101.26 22,830.68 69.611,757.21 3.92 6,798.59 1.12 3,280.28 8.67 20,881.27 57.76 28,389.57 101.26 22,830.68 69.61KLCI FBM ACE FTSTI NIKKEI HANG SENG DOW JONES1,757.21 3.92 6,798.59 1.12 3,280.28 8.67 20,881.27 57.76 28,389.57 101.261,757.21 3.92 6,798.59 1.12 3,280.28 8.67 20,881.27 57.76 28,389.57 101.26