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FBM KLCI 1706.54 14.34 KLCI FUTURES 1701.00 18.50 STI 2998.50 51.47 RM/USD 4.1350 CPO RM2217.

M/USD 4.1350 CPO RM2217.00 59.00 OIL US$52.65 0.40 GOLD US$1155.80 11.60
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)

MONDAY OCTOBER 12, 2015 ISSUE 2023/2015

FINANCIAL
Emotional
Korda tops Ko
to end barren

DAILY
LPGA run
MAKE 2 8 2 9 S P O RT S
BETTER
DECISIONS
www.theedgemarkets.com
4 HOME BUSINESS

TPPs impact on
Malaysian industries
still vague
5 HOME BUSINESS CGN MEIYA ABORTS BID
BSL Corp
eyes contract FOR 1MDBS POWER ASSETS
manufacturing HK-listed entitys parent may deploy
68 HOME BUSINESS different vehicle to undertake the acquisition.
The countdown Ben Shane Lim has the story on Page 3.
begins

16 H O M E

MCA not a silent


partner of Barisan
Nasional, says Najib

u g h t t o yo u by
17 H O M E

t a l c o py i s b r o
Zahid: US close
ties with Putrajaya
This digi
open new era Malaysia Airlines to unveil new name,
18 C O M M E N T
logo and livery next month
China calm over 3 HOME BUSINESS
TPP isolation
FBM KLCI 1706.54 14.34 KLCI FUTURES 1701.00 18.50 STI 2998.50 51.47 RM/USD 4.1350 CPO RM2217.00 59.00 OIL US$52.65 0.40 GOLD US$1155.80 11.60
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM1.60 (INCLUSIVE OF 6% GST)

MONDAY OCTOBER 12, 2015 ISSUE 2023/2015

FINANCIAL
Emotional
Korda tops Ko
to end barren

DAILY
LPGA run
MAKE 2 8 2 9 S P O RT S
BETTER
DECISIONS
www.theedgemarkets.com
4 HOME BUSINESS

TPPs impact on
Malaysian industries
still vague
5 HOME BUSINESS CGN MEIYA ABORTS BID
BSL Corp
eyes contract FOR 1MDBS POWER ASSETS
manufacturing HK-listed entitys parent may deploy
68 HOME BUSINESS different vehicle to undertake the acquisition.
The countdown Ben Shane Lim has the story on Page 3.
begins

16 H O M E

MCA not a silent


partner of Barisan
Nasional, says Najib

17 H O M E

Zahid: US close
ties with Putrajaya
open new era Malaysia Airlines to unveil new name,
18 C O M M E N T
logo and livery next month
China calm over 3 HOME BUSINESS
TPP isolation
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
2
For breaking news updates go to
www.theedgemarkets.com

ON EDGE T V
www.theedgemarkets.com
Najib vows to help Banks face
client fee
restrictions

Indonesia combat haze COPENHAGEN: Banks in Scan-


dinavia face a possible ban on
some commissions just as the
industry relies more on fee-
Exclusive based revenue streams.
Sweden and Denmark may
Spotlight on Malaysia, Singapore send helicopters and aircraft to fight forest fires order banks to stop charging
Eco Worlds customers for the distribution
Liew Tian Xiong JAKARTA: Visiting Malaysia Prime
of investment products, includ-
ing those created by banks own
Minister Datuk Seri Najib Razak subsidiaries, according to the
pledged yesterday to help Indo- two countries regulators.
nesia fight forest fires blanketing The deliberations are based
Southeast Asia in haze as foreign on concerns that the current fee
aircraft joined operations to douse structure creates conflicts of in-
the blazes. terest which European Union
Accoring to an AFP report, Najib rules dont adequately address.
began a two-day visit by meeting We cant accept commis-
President Joko Widodo (Jokowi) sions that abuse customers
KLCC cabbies at the state palace in Bogor, West trust and that arent transpar-
nab Uber, Java, to discuss a range of issues
including the palm oil industry,
ent, Per Bolund, Swedens
minister for financial markets,
GrabCar environmental cooperation and told Bloomberg.
drivers the smog. The proposals follow inves-
We consider the haze a serious tigations in Sweden and Den-
issue as its a burden to Malaysians mark revealing that some asset
and Indonesians, Najib told re- managers were alleging that
porters after the meeting. index-linked products were ac-
Malaysia is prepared to increase tively managed, enabling them
our assistance in dousing the fires. to collect higher fees while do-
The areas affected are widespread ing less work.
so certainly the challenges are very Norway is taking similar
big, he said. steps.
The Edge Communications Sdn Bhd
(266980-X)
Meanwhile, Bloomberg reported The financial watchdog
Level 3, Menara KLK, No 1 Jalan PJU 7/6, that Indonesia had accepted help there has ordered DNB, Nor-
Mutiara Damansara, 47810 Petaling Jaya, from its neighbours, including Aus- ways biggest bank, to either
Selangor, Malaysia tralia, to put out the fires that drove Najib (left) greeting Jokowi at the presidential palace in Bogor, Indonesia, yesterday. correct pricing or improve
air quality in Singapore to levels de- Photo by Reuters management of its DNB Norge
Publisher and Group CEO Ho Kay Tat scribed as hazardous and caused fund after concluding it was a
haze as far away as Thailand. so-called closet tracker.
Editorial
For News Tips/Press Releases
Malaysia and Singapore have based in Pangkal Pinang in the fires burning in different parts of Bloomberg
Tel: 03-7721 8219 Fax: 03-7721 8038 sent aircraft to Palembang in the neighbouring Bangka-Belitung the country within two weeks, with
Email: eeditor@bizedge.com south of Sumatra to help Indonesia islands, he said. help of neighbouring countries,
Senior Managing Editor Azam Aris
fight forest fires in parts of the coun-
try, which have caused haze and
Seven helicopters and three air-
craft from Indonesia, Singapore
Channel News Asia on Saturday
cited Jokowi as saying.
Protest in Berlin
Executive Editors Kathy Fong,
Jenny Ng, Siow Chen Ming, deteriorated air quality in neigh- and Malaysia are conducting wa- Singapore has also sent 34 per- against EU-US
Surinder Jessy, Ooi Inn Leong bouring nations. ter bombing in south Sumatra, sonnel from its armed forces and
Associate Editors R B Bhattacharjee, Singapore has dispatched a Chi- while a Casa aircraft will be used a six-man rescue team from its trade deal
Joyce Goh, Jose Barrock,
Vasantha Ganesan
nook helicopter and a Hercules for cloud seeding, Nugroho said via civil defence forces after Indonesia
Editors Cindy Yeap, Kang Siew Li plane, while Malaysia flew in a text messages yesterday. agreed to take up the city states BY C A RO L IN E CO PL E Y
Assistant Editors Adeline Paul Raj, CL415 Bombardier with a flight There were 726 hotspots in Su- offer to help put out the fires, ac-
Tan Choe Choe crew of 12 people to extinguish the matra and 182 in Kalimantan on cording to a statement released BERLIN: At least 150,000 peo-
Chief Copy Editor Halim Yaacob
Senior Copy Editors Lam Seng Fatt,
fires over the next two weeks, Su- Indonesias Borneo island yester- by the Singapore government on ple marched in Berlin on Satur-
Melanie Proctor topo Purwo Nugroho, spokesman day, Nugroho said separately in a Saturday. day in protest against a planned
Copy Editor Evelyn Chan for Indonesias National Agency Twitter post. A total of 1.7 million Earlier, Singapore sent a formal free trade deal between Europe
Art Director Sharon Khoh for Disaster, said in a text message hectares of Indonesian land and request to Indonesia for names of and the United States that they
Design Team Cheryl Loh,
Valerie Chin, Aaron Boudville,
on Saturday. forests had been affected, he said. companies held responsible for said was anti-democratic and
Aminullah Abdul Karim, The Malaysian team will be Indonesia plans to extinguish all the forest fires. AFP/Bloomberg would lower food safety, labour
Yong Yik Sheng, Tun Mohd Zaan and environmental standards.
Mohd Zaabah, Noorain Duasa Organisers an alliance of
Asst Manager-Editorial Services
Madeline Tan
environmental groups, chari-

Corporate
Managing Director Au Foong Yee
Deputy Managing Director
Rate hike possible by year end ties and opposition parties
said 250,000 people had taken
part in the rally against free
Lim Shiew Yuin
trade deals with both the US
BY ANDREW M AY E DA Of course, that assessment was the need for more clarity, he said and Canada, far more than they
Advertising & Marketing & CHR ISTO P HE R CO NDO N premised on the assumption of the Fed has to remain cognisant had anticipated.
To advertise contact continued solid economic growth of the risks ahead. This is the biggest protest
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WASHINGTON: Federal Reserve and further improvement in the la- We remain committed to com- that this country has seen for
Chief Marketing Ocer vice chairman Stanley Fischer said bour market, which are key factors municating our intentions as clearly many, many years, Christoph
Sharon Teh (012) 313 9056 the US economy may be strong supporting our expectation that as possible but not more clearly Bautz, director of citizens
General Manager, Digital Media enough to merit an interest-rate inflation will rise to our 2% objec- than the facts warrant to assist movement Campact, told pro-
Kingston Low (012) 278 5540
Senior Sales Managers
increase by year end, while caution- tive, he said in prepared remarks market participants, he said. testers in a speech.
Geetha Perumal (016) 250 8640 ing that policymakers are monitor- released by the Fed. Fischer explained that the US un- Police said 150,000 people
Fong Lai Kuan (012) 386 2831 ing slower domestic job growth and Fischer was addressing a bank- employment rate, which currently had taken part in the demon-
Peter Hoe (019) 221 5351 international developments in de- ing seminar in the Peruvian capital sits at 5.1%, doesnt fully capture ad- stration which was trouble free.
Gregory Thu (012) 376 0614
Creative Marketing
ciding the precise timing of lift-off. as the IMF wrapped up its annual ditional forms of slack in the labour There were 1,000 police officers
Chris Wong (016) 687 6577 At the Federal Open Market meeting, which chair Janet Yellen market, Fischer said. He noted the on duty at the march.
Head of Marketing Support & Ad Trac Committees meeting in Septem- also attended. Emerging market offi- labour-force participation rate re- Opposition to the so-called
Lorraine Chan (03) 7721 8001 ber, most participants, myself in- cials from Indonesia to South Africa mains below trend, and an unusually Transatlantic Trade and In-
Ad Trac Asst Manager
Roger Lee (03) 7721 8004
cluded, anticipated that achieving are concerned about the spillover large number of people who want vestment Partnership has risen
Email: mkt.ad@bizedge.com these conditions would entail an effects of higher US interest rates. full-time jobs are working part-time. over the past year in Germany,
initial increase in the federal funds Joyce Chang, JPMorgan Chase & While the last two payroll reports with critics fearing the pact will
Operations rate later this year, Fischer said Cos global head of research, said have been disappointing, the job hand too much power to big
To order copy
Tel: 03-7721 8034 / 8033
yesterday in Lima, Peru, where he the Fed should get it over with to markets prospects for further im- multinationals at the expense
Fax: 03-7721 8282 attended the annual meeting of the help reduce uncertainty. provement look good overall, he of consumers and workers.
Email: hotline@bizedge.com International Monetary Fund (IMF). While Fischer acknowledged said. Bloomberg Reuters
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 3

Malaysia
Airlines to unveil
new name, CGN Meiya aborts bid
logo and livery
next month
BY K A N G SI EW L I
for 1MDBs power assets
KUALA LUMPUR: Malaysia Air- HK-listed entitys parent may deploy different vehicle to undertake the acquisition
lines Bhd (MAB) is set to undergo
a brand overhaul that would in-
volve a new name, logo and livery BY BEN SHANE LI M 1MDBs Power Plants
for its aircraft, with the changes to
be unveiled next month, sources KUALA LUMPUR: Hong Kong-list- NAME LOCATION TYPE PPA GROSS EFFECTIVE EFFECTIVE
EXPIRY CAPACITY (mw) EQUITY (%) CAPACITY (mw)
told The Edge Financial Daily. ed CGN Meiya Power Holdings Co
It is understood that the Ltd has decided not to bid for the Jimah Energy Negeri Sembilan, Coal-fired 2033 1,400 75 1,050
changes, which include an over- power assets owned by 1Malaysia Ventures Malaysia
haul of the design and colour of Development Bhds (1MDB) energy Teluk Gong 2 Melaka, CCGT 2023 720 100 720
its livery, are part of a plan to shed unit, Edra Global Energy Bhd, one PS (Panglima) Malaysia
Kuala Langat PS Selangor, CCGT 2026 762 75 571.5
a negative image many in the in- week before the Oct 16 deadline for
(Genting Sanyen) Malaysia
ternational markets have follow- the final bid submission.
Teluk Gong 1 Melaka, OCGT Jan, 2016 440 100 440
ing the twin tragedies of flights CGN Meiya announced the PS (Powertek) Malaysia
MH370 and MH17 last year. boards decision to abort the ac- Tanjung Kling Melaka, CCGT 2020 330 100 330
MAS will get a fresh new look quisition plan to the Hong Kong PS (Pahlawan) Malaysia
that will include a new name and Stock Exchange (HKEx) last Friday. Port Said East PS Port Said, Egypt Gas-fired, thermal 2023 682.5 100 682.5
logo. The changes are basically to In the announcement to the HKEx, Suez Gulf PS Suez, Egypt Gas-fired, thermal 2023 682.5 100 682.5
address the negative perception the China-based energy group said, Sidi Krir Power Alexandria, Gas-fired, thermal 2022 682.5 55 375.4
of the brand, especially among the board considered that it would not Station 3 & 4 Egypt
international travellers following be in the best interest of the company Meghnaghat Narayanganj, CCGT 2024 450 55 247.5
MH370 and MH17, one source to pursue the proposed acquisition Power Station Bangladesh
told The Edge Financial Daily. [of 1MDBs power assets] because, Haripur Narayanganj, CCGT 2023 360 55 198
It was reported in August that among others, the company has only Power Station Bangladesh
MAS, a wholly-owned subsidiary recently completed the acquisition of NEPC Plant Narayanganj, Barge-mounted June, 2015 110 55 60.5
of Khazanah Nasional Bhd, has 19 wind and solar power projects with Bangladesh
been working with advertising a total attributable installed capacity Fauji Kabirwala, CCGT 2029 157 23.1 36.3
agency M&C Saatchi Malaysia of approximately 1.4gw from certain Kabirwala Plant Pakistan
and brand consultancy Prophet subsidiaries of its controlling share- Taweelah IWPP Abu Dhabi, Gas-fired, thermal, 2028 2000mw/ 10 200mw/
to create a new name, logo and holder, China General Nuclear Power UAE CCGT, desalination 160migd 16migd
advertising campaign to rein- Corp Ltd (CGN Power Corp). Total effective 5,594
troduce the airline to the world. Just slightly more than three capacity
weeks ago, on Sept 24, CGN Meiya Source: Edra Global Energy Bhd
announced to the HKEx that it was a
contender for Edra. The China-based certainty of seeking shareholder there was no external influence to di Arabia-based utility company said
energy group said that there have approvals, according to sources. bid for the power assets. The decision that it was neither shortlisted nor in-
been preliminary discussions as to the 1MDB revealed that four bid- to acquire the assets was purely for vited by 1MDB to make a final bid.
proposed acquisition by the compa- ders had been shortlisted for Edras commercial reasons, he told reporters. The valuation for Edra is expect-
The MH370 and MH17 trage- ny and/or its affiliates of an interest power assets. Hypothetically, if the This is not the first time that TNB ed to range between RM15 billion
dies have damaged the airlines in certain energy assets of 1MDB. prospective Chinese party does not has dealt with 1MDB. In July, TNB and RM20 billion as Deputy Min-
brand, once known for its five- The announcement came in re- make a bid, it would be a three-way took over a 70% equity interest in Pro- ister of Finance Datuk Johari Abdul
star service and the worlds best sponse to news reports that the com- race for 1MDBs power assets, which ject 3B a 2,000mw coal-fired pow- Ghani told reporters last week.
cabin crew. It is noteworthy that pany was making a bid for Edra. it bought from then Powertek Sdn er plant to be built in Jimah, Negeri The figures are believed to include
MAS had one of the best safety However, CGN Meiya also stated Bhd, which is known as Tanjong Sembilan from 1MDB for RM46.98 some RM8 billion in debts held by
records in the aviation industry that the acquisition may or may Energy Sdn Bhd now, and Genting million as the strategic investment Edra, but not the RM3.4 billion bridging
before these tragedies. not proceed, since no binding or Bhd unit Genting Sanyen Sdn Bhd fund had not been able to secure fi- loan that 1MDB incurred to acquire
MAS response to the disas- definitive acquisition documen- at premium prices by borrowings. nancing. The estimated cost of the Tanjong Energy Sdn Bhd (now known
ters in the weeks that followed tation has been entered into yet. Besides CGN Meiya, Tenaga Na- power plant project is RM11.7 billion. as Powertek Energy Sdn Bhd). The 10-
the tragedies had fielded criti- However, industry sources told sional Bhd (TNB) is another bidder Japans Mitsui & Co Ltd owns the year bridging loan, secured against
cism from some quarters. In Sep- The Edge Financial Daily that the an- that has declared to the public that it remaining 30% equity interest. Edras largest subsidiary Powertek
tember last year, the airline was nouncement in Hong Kong did not would make a bid for 1MDBs pow- Back on the bid for Edra, the other International Bhd, was issued by sev-
also forced to withdraw a promo- necessarily mean that there would er assets so far. The national utility two international bidders are said to be eral local banks, including Malayan
tion that had asked customers to not be any bidder from China. CGN in mid-July announced that it had Qatars Nebras Power QSC and Saudi Banking Bhd and RHB Capital Bhd.
name their bucket list of travel Meiyas ultimate parent CGN Power submitted an indicative non-bind- Arabias Aljomaih Group. However, 1MDB is estimated to have paid
destinations. Corp (formerly China Guangdong ing agreement to acquire Edras 13 neither Nebras Power nor Aljomaih over RM12.5 billion to acquire its
During his first media confer- Nuclear Power Holding Company) power assets locally and abroad. has acknowledged their interest so far. power assets from 2012 to 2014,
ence in June since taking up the might deploy a non public-listed ve- Battling speculation that TNB is Meanwhile, two weeks ago ACWA including RM2.38 billion for Gen-
job on May 1, MAB chief exec- hicle to bid for Edras assets. buying Edras power assets to bail out Power International, which was ru- ting Sanyen and RM1.23 billion
utive officer Christoph Mueller This would reduce the time-con- cash-strapped 1MDB, president and moured to be keen on Edras power for a 75% stake in Jimah Energy
said that Australia, Europe and suming compliance requirements chief executive officer Datuk Seri Az- generation plants, denied that it was Ventures Sdn Bhd from the Negeri
China were the three hardest of the HKEx while avoiding the un- man Mohd last week reiterated that submitting a bid. On Sept 28, the Sau- Sembilan royalty.
markets in the world to convince
that MAS had left its safety prob-
lems in the past.
Mueller said a rebranding was
Malaysia, Indonesia set up palm oil council
on the cards for MAS as part of a
plan to reinvent the loss-making JAKARTA: The plan to set up a The setting up of the council is dustry and it will act against an- modities Minister Datuk Seri Amar
airline, promising that the new Council of Palm Oil Producer Coun- historical and significant for palm ti-palm oil lobby and the discrim- Douglas Uggah would meet with
brand would still revolve around tries by Malaysia and Indonesia is oil producing countries, he told ination which will arise. We will act Indonesia's Coordinating Minister
a Malaysian-centric ideal. an indication of the success of bilat- reporters after meeting Indonesian together, he said. of Maritime and Mineral Resourc-
Still, consideration of a com- eral relations, said Prime Minister President Joko Widodo or better The prime minister said the coun- es, Dr Rizal Ramli, on the matter.
plete brand makeover began as Datuk Seri Najib Razak. known as Jokowi at the presidential cil would also develop a green econ- Earlier, Jokowi, in a joint state-
early as July last year after the He said the council, which was palace in Bogor yesterday. omy zone and boost the socio-eco- ment with Najib, said the new
back-to-back tragedies of MH370 proposed by both countries in 2006, Najib said Malaysia and Indone- nomic development of smallholders. standards to be introduced by the
and MH17. The airlines then became a reality when a consensus sia, which control 80% of the palm oil Najib said the council would council would be based on that of
commercial director Hugh Dun- was reached on the structure of the production, would invite other pro- be headed by a chief executive, Malaysia and Indonesia.
leavy was reported as telling the organisation, which would operate ducing countries to join the council. whose name would be unveiled at He said both countries agreed
United Kingdoms Telegraph that from here. The council would set He said the council would help the official Asean summit in Kuala to develop the industry related to
the Malaysian government had new standards in the production of stabilise the price and boost coop- Lumpur on Nov 15. palm oil and a working committee
started a process of assessing the palm oil and cooperation in manag- eration in the downstream sector. On the government level, he said was set up to implement the plans
future shape of MAS business. ing world stockpile, he said. The council will benefit the in- Plantation Industries and Com- as soon as possible. Bernama
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
4 HOME BUSINESS

SHAHRIN YAHYA

TPPs impact on Malaysian


industries still vague
All member countries have up to two years to ratify the agreement
Mustapa: The contents of the agreement
and a cost benet analysis will be tabled
BY MEENA L A KSHANA enterprises (SOEs) and investor than just relying on some protection with US$13 billion in 2013. in Parliament in two months.
state dispute settlement remains to survive in the domestic market, Meanwhile, CIMB Investment
KUALA LUMPUR: Even as 12 Pa- unclear.He said while consumers he said. Bank Research analyst Saw Xiao
cific Rim member countries of the will see lower prices of goods and Lee said the sectors that stand Jun said in a note that although said companies such as Hovid Bhd
Trans-Pacific Partnership (TPP) services as there will be varied in- to benefit from the TPP agreement Malaysia has reportedly won con- and Pharmaniaga that are eyeing
agreement reached consensus over flux in the domestic market, it will are electrical and electronics (E&E), cessions in several areas such as international markets are looking
the contentious areas covered in the also compel companies here to rubber, palm oil, timber and auto- bumiputeras interest and govern- to venture into Nigeria, the Philip-
sweeping trade pact, its impact on increase the quality of their goods motive components due to lower ment procurement, the TPP poses pines and Indonesia countries
sectors and industries in Malaysia and services to gain access to mar- tariffs on exports to US. However, a risk to all drug makers based in that are not part of the TPP.
remains vague at this juncture. kets such as the US, Canada and Lee cautioned that Malaysia will not Malaysia. He also said Pharmaniaga de-
The TPP, in which Malaysia joins Australia. be able to compete with Vietnam in He said the Malaysian Medical rives most of its revenue from sales
ranks with Vietnam, Singapore, This follows various standards low-end, low-cost manufacturing Association had highlighted that to the government and any chang-
Australia, the United States, Mexico, covering areas such as compliance, industries such as textiles and to a the TPP agreement will extend the es in the government procurement
Canada and others, aims to liberal- quality and sustainability imple- certain extent, electronics. exclusivity period of new drugs, and policy poses a risk to its long-term
ise trade and set common standards mented in these nations, he said. He also said the national cars generic drug producers may have to earnings prospects.
in these countries which produce Competition is good because it may lose their market share due push back on new product launches As for Hovid, Malaysias largest
40% of global economic output. will bring down prices, he told to increased competition posed by which may dent their profit margins. exporter of pharmaceutical prod-
All member countries have up to The Edge Financial Daily. At the carmakers from the US. Further- Currently, generic drug makers rely ucts, the impact is slight as Hovids
two years to ratify the agreement. same time, it is a test for Malaysian more, it is not clear what impact on new product launches to offset key export markets are not involved
Malaysias International Trade exporters and companies in terms the pact will have on the National the declining profit margin of older in the pact, he added. While the
and Industry Minister Datuk Seri of compliance. Automotive Policy. generic drugs, he said. effects of the TPP will take years to
Mustapa Mohamed, in a posting on Youre dealing with developed According to the Malaysian Ex- He also said the investment firm manifest, he said the TPP agreement
his Facebook account last Tuesday, economies like the US and Cana- ternal Trade Development Corp, believes that government procure- still poses a risk to the valuation
said that the contents of the agree- da, so it is not going to be easy, he Malaysias total exports in 2014 ment and SOEs will be subjected to of the pharmaceutical sector as it
ment and a cost benefit analysis said. Lee expects the government amounted to RM1.45 trillion, an greater competition, and earnings could alter its long-term prospects.
will be tabled in Parliament in two to safeguard its interests from be- increase of 5.9% from RM1.37 tril- could be at risk.The government As for consumers, Saw said
months, whereby Parliamentarians ing weighed down by the TPP. The lion in 2013.Out of the total exports, is the key customer of state-owned longer patent protection will not
will debate and decide to agree or question is whether it will be effec- 33.4% constituted E&E products at drug makers such as Pharmaniaga result in higher prices for drugs
disagree to the TPP. tive, he said. RM256.15 billion, followed by pe- Bhd and CCM Duopharma Biotech but rather a longer waiting period
While some quarters have ar- As for government procurement troleum products at 9.2% (RM70.36 Bhd, he said. for cheaper, generic drugs.
gued that the TPP will offer devel- and SOEs, they besides Khaz- billion), liquefied natural gas at Their manufacturing profit CIMB has maintained a neu-
oping countries like Malaysia and anah Nasional Bhd and Petronas 8.4% (RM64.29 billion), chemi- margins are higher than those of tral call on the sector. The research
Vietnam greater access to markets (Petroliam Nasional Bhd) are cals and chemical products at 6.7% their peers and their earnings are firm maintained its hold call on
across the world, others argue that created for the domestic market, so (RM51.51 billion), palm oil at 6.1% at risk should competition inten- both Hovid and Pharmaniaga, with
it will open the door to biased arbi- once they are open to competition (RM46.95 billion) and crude pe- sify, he added. a target price of 42 sen and RM6
tration favouring corporate inter- with all these foreign players, in a troleum at 4.4% (RM33.79 billion), MIDF Research had said last respectively, with Hovid as its pre-
ests above the governments and way, it will lift up their standards among others. Tuesday in a note on the TPP agree- ferred stock.
restrict access to important goods as well, he said. According to data from Bank Ne- ment that member countries have When contacted, an economist
such as cheaper medication. Referencing the term competi- gara Malaysia, the US constituted reached a compromise on phar- with a local bank, who requested
Independent economist Lee tive destruction, Lee said the com- 8.4% of Malaysias total exports in maceutical patent protection of anonymity, said ports are also ex-
Heng Guie said while increased panies that are not able to keep up 2014, making it the countrys fourth between five to eight years com- pected to gain from the increased
market accessibility and lower tar- with quality, efficiency and produc- largest trade partner. Data from the pared with US demand of 12 years. trading activities catalysed by the
iff barriers will enhance trade, the tivity will be left behind grappling US Census Bureaus website shows Saw also said while the TPP TPP, with Westports Holdings Bhd
extent to which the Malaysian gov- to secure its hold in the market. that Malaysias exports to the US to- should reduce or remove the bar- benefitting from it. However, he
ernment is willing to compromise At the end of day, only the fit- talled US$30.42 billion in 2014, an riers to the export of drugs to other said it is still early days to ascertain
on its interests in areas such as test will survive. It will force you to increase of 11.47% from US$27.29 member countries, most local phar- a definite view on the impact of the
government procurement, affirm- become more competitive, cost-ef- billion while imports were flat at maceutical companies are focused TPP on other sectors as details of
ative action policies, state-owned ficient, productivity-driven rather US$13.07 billion in 2014 compared mainly on the domestic market. He the TPP are sketchy.

Progressive Impact bids for 15-year concession


BY Y I MI E YONG We have the PM2.5 technolo- tem that captures particulates of 10 ally, for the next five years when the United Arab Emirates, Qatar and
gy. It is one of the latest technol- micrometres or PM10, compared concession, worth RM24 million per Saudi Arabia.
KUALA LUMPUR: Environmental ogies that we would like to offer with the finer measure of PM2.5 year, ended in April 2015. We are already in Saudi Ara-
engineering consultancy firm Pro- to the government. This is one of used in Singapore. It was report- The government earlier extend- bia, in primary health services pro-
gressive Impact Corp Bhd is bidding the [competitive] advantages we ed that Malaysia will implement ed the concession agreement by jects. We hope to bring environ-
for a 15-year environmental moni- have, he said. However, he de- an API monitoring system using a one year to April 13, 2016, after mental monitoring services there,
toring concession contract from the clined to disclose the value of the pollutant measurement of PM2.5 renegotiating the contract for a he added.
Ministry of Natural Resources and concession and the identity of the by 2017. The government was ear- lower value of RM22 million per The new technologies are predic-
Environment, and it stands ready to other bidders. lier criticised for not adopting the year. Besides providing environ- tive emissions monitoring system,
adopt the technology using a pol- Johar pointed out Progressive latest technology . mental consultancy and monitor- hybrid waste water and wave glider.
lutant measurement of PM2.5 for Impact has a competitive edge as Johar said the concession is sim- ing services, Progressive Impact is For the six months ended June
Air Pollutant Index (API) readings. it is the agent of US-based Met One ilar to its previous 20-year air and also involved in laboratory testing 30, Progressive Impact recorded
Progressive Impact group chief Instruments Inc, whose technolo- water pollution monitoring conces- and a waste management business. a net profit of RM4.95 million, an
executive officer Johar Yusof said gy and products are also used by sion with the government. For the second quarter ended increase of 77.42% from RM2.79
the company had submitted a com- Singapore for continuous PM2.5 Progressive Impact signed a con- June 30, the environmental con- million previously. As at June 30,
prehensive proposal and the gov- monitoring. PM2.5 is deemed a cession agreement with the govern- sulting and engineering segment Progressive Impact had cash of
ernment is in the midst of evalu- better measurement. ment in 1995. The concession was contributed 45% of the groups rev- RM22.77 million and RM4.2 million
ating the bidders. We expect the We are the agent for Met One for the company to monitor air and enue while the laboratory testing of short-term borrowings.
results by the end of the year, he technology. If others want to buy, water quality at 60 stations nation- segment contributed 54%. Progressive Impact closed 0.5
told The Edge Financial Daily after they have to buy from us, Johar wide. Under the original concession Johar said the company plans sen or 2.5% higher at 20.5 sen last
Progressive Impacts extraordinary added. agreement, the government had the to bring its three new technologies Friday, for a market capitalisation
general meeting last week. Currently, Malaysia has a sys- option to renew the contract annu- to markets abroad including the of RM134.89 million.
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 5

BSL Corp
eyes contract
manufacturing
For future growth and turning group around
BY DANI AL I DRAK I But we believe that the business it made a net profit of RM2,000.
will start to grow substantially by As at May 31, it had cash and
KUALA LUMPUR: Loss-making BSL the end of this year, and we expect bank balance of RM19.16 million,
Corp Bhd, which is involved in the better numbers to come in from the with reserves amounting to RM17.41
Daphne (left) and Gulan at the Otis High Rise 2015 event. Photo by Sam Fong stamping and manufacturing of second year onwards,he added. million. According to its annual re-
metal parts, looks to secure more The group is currently working port dated Aug 31, 2014, it had re-
contract manufacturing jobs from with an Australian client for a niche tained earnings of RM20.71 million

Falling ringgit puts Western clients, as part of its strate-


gy for future growth and to turn the
group around.
product in the contract manufac-
turing line, and is banking on the
success of this product for its growth.
at the group level, versus RM1.84
million at the company level.
Ngiam admitted that the groups

Otis in cautious mode We have gradually positioned


our company for the supply of base
metal components required by mul-
Ngiam declined to disclose the
name of the Australian client.
Given that it is a niche product, it
order book had not been performing
well for the past few years, mainly
due to its Japanese clients under-
tinational companies (MNCs) in Ma- will spread like wildfire if it becomes performance in the traditional elec-
BY Y I MI E YONG training centre] because it has the laysia. We have been dependent on successful and if it doesnt, it will tronic business.
biggest need in the region, he not- Japan-based clients such as Pana- sink to the bottom. It is all about en- [But] recently, our orders have
KUALA LUMPUR: Otis Elevator Com- ed, adding that it is a growing market sonic and Yamaha since the 1990s, gaging the right client with the right been stabilising due to demand from
pany Inc, the worlds largest manu- with relevant labour pool and has a its chief executive officer Richard product that will grow. If we are able our European clients, he said.
facturer of elevators and escalators, strategic geographical location. Ngiam Tee Yee told reporters after to do so with three such clients, then He added that the group has seen
sees new orders for elevator equip- Daphne, however, declined to the companys extraordinary general I think we will be very comfortable some progress, since it consoldiat-
ment slowing next year as the weak- reveal the timeline and investment meeting last Friday. in the near future, Ngiam said. ed and centralised its manufactur-
ened ringgit puts pressure on the amount of the proposed centre, say- Now, we want to evolve into The group will maintain its tra- ing factories into one location in
construction industry in Malaysia. ing it is still being finalised. becoming a contract manufactur- ditional business of components Rawang, Selangor.
Otis Elevator Company (M) Sdn Meanwhile, Gulan said Otis is er and aim to get more jobs from supply, albeit with a smaller con- Ngiam said with the centralisa-
Bhd managing director Daniel H moving towards developing inte- Western clients, he added. tribution to the groups earnings tion, the group has also managed to
Daphne said while the company grated solutions which combine the The group started on its transfor- in three years. trim its operating cost and reduce
has yet to feel the pinch of ringgit elevator system with the security, mation journey to venture into con- We will still have printed circuit overheads.
weakness against the US dollar, it air conditioning, fire and control tract manufacturing last year, and board assembly, metal stamping, as Meanwhile, the weakening ring-
anticipates a difficult year ahead for systems. the early stages of its new business well as plastic moulding as our core git has impacted BSL Corp positively
the construction industry. He added that Otis not only focus- model has yet to see any substantial business, Ngiam noted. as its traditional business of produc-
We are taking a more cautious es on the speed of its elevators, but contribution. BSL Corp was in the red for nine ing and supplying components, as
outlook as there are a lot of factors also looks to improve efficiency and The volume of orders is quite straight quarters between 2013 and well as PCB assembly have seen a
[indicating that] we may have a dif- develop energy savings and smarter negligible at the moment as our 2015, before returning to the black 10% to 20% improvement in orders
ficult year ahead in Malaysia. The elevator systems. clients only issue orders to us twice in its latest third financial quarter for the financial year ending Aug
falling ringgit will put pressure on the Otis spends about US$150 mil- a year or thereabouts, Ngiam said. ended May 31, 2015 (3QFY15), when 31, 2016 .
construction industry [which will in lion a year on research and develop-
turn drag down elevator orders], he ment, Gulan said, adding that Otis
told reporters on the sidelines of the focuses on sustainable energy and
Otis High Rise 2015 event recently.
Daphne said the value of Otis
developing intelligence dispatch-
ing system.
BMW: No price hike until ringgit hits 5 against euro
market in Malaysia is currently slight- We are also looking at develop-
ly below US$100 million (RM413 ing elevators which use solar power, BY G HO C HE E Y UAN
million) and growing. he added.
We are confident about our Going forward, Gulan said there KUALA LUMPUR: As businesses
growth prospects [in Malaysia] in will be more mega cities in the fu- feel the heat of a weakening ring-
the long term to midterm, but are a ture, which will boost the number git, BMW Malaysia Sdn Bhd (BMW
bit cautious in the short term, said of high-rise buildings and the need Group Malaysia) said it will hold off
Otis senior vice-president of global for elevators. on any increase in the prices of its
major projects Bora Gulan. There are now 34 mega cities in cars until the local currency breach-
He noted that Otis has been ex- the world. The number is expected es the 5 level against the euro.
periencing double-digit sales growth to grow to 47 by 2020, he added. The ringgit closed at 4.6753 to the
in Malaysia over the past five to six Otis is part of UTC Building & euro last Friday, which BMW Group
years, but did not give a figure. Industrial Systems, a unit of New Malaysia managing director and
It is good to see such growth as York-listed United Technologies chief executive officer Alan Harris
the construction sector in China is Corp, a leading provider for the aer- deemed as still manageable.
slowing down, while Europe is still ospace and building systems indus- Harris said all of the groups costs
flat, he said, adding that sales growth tries worldwide. are denominated in euros and it has
for the group has been driven main- To date, Otis has provided eleva- so far been able to absorb the ris-
ly by markets in North Europe, the tor systems for the Petronas Twin ing costs. However, he warned that
United States, the Middle East and Towers, KL Tower, Menara Maybank, BMW Group Malaysia may have to
Southeast Asia including Malaysia. Menara Public Bank and The Inter- increase prices in the event that the Harris and the all-new BMW X1. Photo by Suhaimi Yusuf
Daphne also announced that Otis mark, among others. ringgit breaches the 5 level against
will be setting up a training centre Otis started its operation in Ma- the euro and stays there for a pro- ly-launched BMW X1 sDrive 20i. business, said Harris.
for its technicians and engineers laysia in 1920, when it installed the longed period of time, he told re- This is despite it witnessing a Earlier, Harris said the all-new
in Bangi, Selangor, where its sister elevator at Eastern & Oriental Hotel porters after unveiling the second marginal 1.01% drop to 6,522 vehi- BMW X1 is the first BMW X model
company Carrier (M) Sdn Bhd has in Penang. generation of its premium compact cles for the January-September 2015 to be created on the new, efficien-
an air conditioner factory. Internationally, it has installed sports activity vehicle, the all-new period from 6,589 units a year ago. cy-optimised front-wheel drive plat-
The training centre, which is ex- elevators in some of the worlds fa- BMW X1 sDrive 20i here last Friday. Our strategy is to maintain our form from the BMW xDrive intelli-
pected to train about 200 people mous structures including the Eif- Harris said the group is optimis- position as the premium car maker. gent all-wheel-drive system.
annually, will cater to the Malaysian fel Tower, Empire State Building, tic about last years record sales But we will provide other value-add- The retail price on the road (ex-
and Southeast Asian markets. Shanghai World Financial Centre of 9,046 vehicles this year, driven ed services to our customers and cluding insurance) of the BMW X1
We chose Malaysia [to set up the and Burj Khalifa. by various products and the new- this will be our principal value in is RM279,800.
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
6 HOME BUSINESS MO

The countdown begins The Edge Kuala Lumpur Rat Race 2015
collection (as at Oct 9, 2015)
COMPANY NAME AMOUNT (RM) TOTAL TEAMS
S
Aberdeen Asset Management Sdn Bhd 18,000 1
Affin Hwang Asset Management Bhd 66,000 6
Amundi Malaysia Sdn Bhd 18,000 1
Astro Malaysia Holdings Bhd 18,000 6
Axis REIT Managers Bhd 18,000 1
BCG Sdn Bhd 18,000 1
BHIC Aeroservices Sdn Bhd 18,000 1
CIMB Investment Bank Bhd 32,000 2
Citibank Bhd 18,000 1
Credit Suisse Securities (Malaysia) Sdn Bhd 18,000 1
Deloitte 18,000 1
DKSH Malaysia Sdn Bhd 18,000 1
Eco World Development Group Bhd * 66,000 6
EY Malaysia 18,000 1
Feruni Ceramiche Sdn Bhd ** 44,000 3
Fraser & Neave (Malaya) Sdn Bhd 32,000 2
Gamuda 32,000 2
Genting Malaysia Bhd 18,000 1
Glomac Bhd 18,000 1
Hartalega Sdn Bhd 18,000 1
IOI Group 32,000 2
Ireka Corporation Bhd 18,000 1
K&N Kenanga Holdings Bhd 18,000 1
Matrix Concepts Holdings Bhd a knowledgeable population is es- Matrix Concepts believes the Khazanah Nasional Bhd 32,000 2
Matrix Concepts Holdings Bhd has sential to shape the future of our race will allow the staff to take some KNM Group Bhd 32,000 2
always been serious about corporate country, says Lee. time off their busy work schedules KPMG 18,000 1
social responsibility and towards this With this in mind, I wish to to recharge their batteries for Land & General Bhd **** 18,000 1 Ast
end, has set up an independent chari- inspire the younger generation, continuous productivity. Matrix Concepts Holdings Bhd ** 44,000 3 Las
ty trust, Matrix Concepts Foundation. especially the employees of Matrix As Matrix Concepts is a Ser- Maxis Bhd 18,000 1 Ra
Group managing director Da- Concepts, and inculcate in them emban-based company, we are Maybank 54,000 4 po
tuk Lee Tian Hock says the trust the philosophy of giving back to somewhat new to many in the Klang Merchantrade Asia Sdn Bhd 32,000 2 wo
recently sponsored a 20-year-old society through charitable deeds. Valley, one of the team members Microlink Solutions Bhd 18,000 1
tea
girl diagnosed with hemiplegic cer- Running in The Edge KL Rat Race says, adding that their previous ex- in t
MKH Bhd 18,000 1
ebral palsy for six months of phys- is one such platform. perience helps them foster closer
iotherapy at the NSCMH Medical Lee, who has participated twice ties with others in the industry. MyTeksi Sdn Bhd 18,000 1 tak
Centre in Seremban. in the race, says it has been an in- Not only did we meet many Naza TTDI Sdn Bhd 32,000 2 sin
The trust is also considering a credible experience. Having the familiar faces from the property Nestl Products Sdn Bhd 18,000 1 offi
yearly grant to a non-governmental CEOs participate demonstrates the industry but we also got to know PricewaterhouseCoopers Malaysia 18,000 1 sor
organisation in Negeri Sembilan enthusiasm and leadership in em- people from other industries and Rehda Youth 18,000 1 Rac
that offers cancer patients support. bracing this philanthropic initiative. share the fun of a wet but definitely RHB Banking Group 44,000 3 sel
For The Edge Kuala Lumpur Rat Like I said last year, the race and great race together. S P Setia Bhd 32,000 2 pic
Race 2015, the company returns as the training leading up to it kept The teams are working out at the Tanjong Management Services Sdn Bhd 18,000 1
the Gold Sponsor for the second me in good shape too. dTempat Country Club in Bandar The Edge Media Group 44,000 3
sel
year running and it believes in the This year, Matrix Concepts has Sri Sendayan. While many of the fas
Top Glove Corporation Bhd 18,000 1
importance of education towards a team each for the mixed, open members started training at the
nation-building. and senior categories while Lee gym more than a month ago, some Trinity Group Sdn Bhd 18,000 1 tra
I strongly believe in contrib- and Matrix Concepts director Da- of them have been swimming in the Tropicana Corporation Bhd 18,000 1 gro
uting to sustainable economic tuk Batumalai Ramasamy will be Olympic-size pool to build their UDA Holdings Bhd 18,000 1 thr
growth through education because running in the CEO category. stamina and endurance. Vistage Malaysia Sdn Bhd *** 32,000 2
WCT Holdings Bhd 18,000 1 Ezz
Total 1,240,000 84
Glomac Bhd
The Edge Kuala Lumpur Rat Race * Part of Powered by
is part of Glomac Bhds corporate U
** Part of Gold Sponsorship Package
calendar it fits in with the compa- *** Part of Silver Sponsorship Package
U
nys corporate social responsibility p
**** Part of Bronze Sponsorship Package
(CSR) programme and promotes R
team spirit among participating staff. b
A member of Glomacs team tells c
The Edge that as corporate leaders F
hit the tar road with other staff, it o
helps transcend the organisations S
Naza TTDI Sdn Bhd and carry business accessories. barriers. i
Naza TTDI Sdn Bhds team of It is an interesting event not It is also a great way to get all the M
five will be gunning for glory at to be missed, he says. corporate ladder climbing leaders R
The Edge Kuala Lumpur Rat Race Planning and development di- to run, for once, instead of climb,
2015 for the first time. They are vision senior manager Wong Yong he quips. i
excited about the opportunity to Ang says he runs every three days The participation of senior t
run in business attire. and he is taking part in the race to management reflects the growing t
Enforcement Departments maintain good health and con- desire of corporate leaders to do b
(non-executive) Nor Hisham Nor- tribute to others through charity. their share of CSR.
din says he was motivated to join Contracts Department senior The team also believes there t
the race because he wanted to executive Haslinda Che Hassan is no higher priority in life than a
try something new: running in has been working hard preparing good health, and the race is a way o
work attire. for the race, jogging after work, to foster a healthy lifestyle among
And I have never run in the hiking mountains and taking aer- its employees. provide an opportunity for sen- val-like atmosphere and the loud w
Kuala Lumpur city centre, he says. obic classes. We believe age and a busy work ior management and executives cheers from supporters and cheer- t
Irsyad, an executive in the She says she hopes Malaysians schedule should not be excuses that to show their support for worthy leaders along the way.
planning and development di- will contribute their services and hinder us from leading a healthy causes they are willing to roll Taking part in the race is all m
vision, says the race is unique time if they cant afford to give lifestyle and giving back to society, up their sleeves and get involved. about the camaraderie it helps to t
as participants run in work attire money to charity. a member of the team says. The team are excited to take part foster among the runners, a team J
Events such as the Rat Race in the run because of its carni- member says.
M O N DAY OC TOB E R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 7

Sweating it out for charity Rehda Youth


The Real Estate and Housing De-
velopers Association Youth Ma-
laysia (Rehda Youth) is sending
five of its members to take part
Rogers Roasters Chicken Run
in 2012 and Standard Chartered
Ediken Relay Run in 2013.
After a hard days run, a good
breakfast makes for an even
S
in the Rat Race this year. more memorable experience.
1
From golf to diving, road A great soundtrack and the
6 pounding and white-water raft- promise of a great breakfast or
1 ing, we are a group of individ- supper is what charges up them
6 uals with diverse interests, but up during a workout.
1 we always manage to find com- The team is organising runs
1 mon ground in our approach to in the early morning and after
1 balancing work and life, says a work twice a week.
2 member of the team. Rehda Youth says it would
1 Team activities are a great like to see more sustainable in-
1 way to foster new friendships itiatives for the long run.
1
outside of the workplace and Rehda Youths own CSR initi-
allow us to get a good workout atives are conceived around the
1
as well. idea of providing those less for-
6 While the team will be partic- tunate with a safe and nurturing
1 ipating for the first time in The environment to help themselves.
3 Edge Kuala Lumpur Rat Race, Our contributions go to fa-
2 Rehda Youth has taken part in cilities, education and homes,
2 other runs such as the Paceset- irrespective of race and religion,
1 ters Mizuno Relay and Kenny it adds.
1
1
2
1
1
2
2
1
1 Astro Malaysia Holdings Bhd is not based in Bukit Jalil, he al- his last race was three years ago.
3 Last years The Edge Kuala Lumpur ways attends the training sessions, Knowing that it is a run for char-
1 Rat Race proved to be a turning which are held every Tuesday and ity gives me extra motivation, and
4 point for Measat Broadcast Net- Thursday. I aim to do well.
2 work Systems Sdn Bhd one of its On weekends, I put in addi- He says on Astros part, it set up
1
teams emerged second runner-up tional training by going for evening Yayasan Astro Kasih, a non-profit
in the mixed team category. runs. I want to be fit and ready for organisation, in 2012 to carry out
1
This year, Astro, which has been the race, he says. its corporate responsibility pro-
1 taking part in the annual event Astro Technology associate Neo grammes.
2 since 2001, aims to do better. The Say Soon says last years podium Through Kampus Astro, one of
1 official television and radio spon- finish was a surprise for the team our corporate responsibility pro-
1 sor of The Edge Kuala Lumpur Rat as it was a tough competition. grammes, millions of students can
1 Race 2015 has carried out a rigorous It was a great feeling going up get access to local and internation-
3 selection exercise over two days to the podium to receive our medals, al learning channels, says Phuah.
2 pick 30 runners for this years race. especially after all the hard work As for community development
Astro, which is fielding six teams, we had put in, he says. programmes, the company has built PwC Malaysia the attributes of a caring society
1
3
selected the runners based on their Team Astro believes that the Rat three Astro Kasih hostels one PwC Malaysias team captain Sim through corporate leaders.
fastest time clocked. Race is a good way to get corporate each for Sekolah Kebangsaan Ma- Li Hong is no stranger to The Edge Taking part in his second Rat
1
The selected runners have been Malaysia to take part in charity ac- gandai and Sekolah Kebangsaan Kuala Lumpur Rat Race and she Race, Manohar believes that it
1 training on Astros Bukit Jalil office tivities. Malinsau in Sabah, and Sekolah will be taking part for the third time is for a worthy cause as the race
1 grounds twice a week for the past Astro chief technology officer Kebangsaan Sungai Paku in Sar- this year. seeks to promote English and fi-
1 three months. Phuah Aik Chong, who will be tak- awak. Efforts are also being made In preparation for the race, nancial literacy, although he feels
2 Astro Content Group associate ing part in the CEO run, says he to help the pupils improve their the audit firms senior executive that there is always pressure to
1 Ezzad Ekhwan says although he is looking forward to the event as academic performance. trains with her colleagues and goes exceed expectations at PwC in
4 through various workouts, includ- representing the company in the
ing stair climbing, speed work and race.
endurance. On PwC Malaysias corporate
UDA Holdings Bhd Stair climbing is part of PwCs social responsibility activities,
UDA Holdings Bhd will be partici- recent health campaign (#FitPwC), Manohar says the company fo-
pating in The Edge Kuala Lumpur where we have a weekly session of cuses on education and capacity
Rat Race for the third time. It will stair climbing in our office build- building. We have four flagship
be sending a team for the open ing, Sim says, adding that the Rat programmes Community Out-
category while UDA Leisure and Race allows her to get acquainted reach Programme, Health and Well-
Facility Management Group chief with more of her colleagues and ness (#FitPwC), NGO Workshop
operating officer Julainie Mohd gives her an opportunity to meet and Diversity and Inclusion. In
Salleh and Human Resources sen- others in the corporate world. addition, we invest in mentoring
ior vice-president Hishamuddin For executive director Manohar programme (Polaris) and Teach
Mon will participate in the CEO Johnson, running in the CEO cat- for Malaysia Flipped.
Race. egory is an ideal way to inculcate CON T I N UES ON PAGE 8
Members of the team believe it
is a good platform for companies
to do charity and contribute to
the community while enhancing is more towards the charity part involved in CSR efforts as part of
brand awareness. of the programme rather than its transformation. Last year, the
Running for charity continues competitive running. There is no company developed with a pilot
to be a great way to raise funds and pressure for the run. CSR programme STRUCTU-
awareness of charities. Anyone It is also a great chance to catch RA together with the Finance
of any ability can run for charity up with corporate friends and Ministry.
a little grit and determination meet new people, he adds. The programme is an architec-
ud will take you a long way, says a It is good to see the bosses tural design competition among
er- team member. sweating it out for charity. Team local private and public universi-
While other companies may be spirit rises to a different level see- ties in Malaysia. UDA is looking
all more serious about clinching the ing the leaders making a dash at continuing the programme in
s to top spot in the various categories, for it. view of the good response from
am Julainie says UDAs participation He says UDA has been actively the ministry and universities.
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
8 HOME BUSINESS

Helping those in need Hartalega Sdn Bhd


A member of Hartalegas team for
The Edge Kuala Lumpur Rat Race
2015, Norasidah Mohd Jombry,
46, says she hopes more people
Ng Li Xin, 29, says she took
part in two marathons this year
in preparation for the Rat Race.
She wants to experience the dif-
ference between running in the
will get involved in charity work, Rat Race and a marathon.
transcending race and socio- Kuan Mun Keng, 40, says his
economic levels. The more the most abiding memory of running
merrier, she adds. in the Rat Race a few years ago is
Angelina Yeo, 47, says she is the team spirit exhibited by all the
preparing for the race by running members of his companys team.
4km every other day. He hopes schoolchildren are
Its for charity and its a good taught to understand the value
platform for team building, she of charity work through volun-
says. The excitement, the team teering so they are aware of the
spirit and the support, the com- contribution they can make to
mon goals it is great. society.

F RO M PAG E 7 off our busy schedule to train for the This is also in line with S P Setias
event, and in the process, we become ECO philosophy the environment,
S P Setia Bhd healthier. community and organisation, the
S P Setia Bhd executive vice-presi- It definitely encourages me to team member adds.
dent Datuk Koe Peng Kang has been exercise more instead of just for the The companys commitment to the
an avid supporter of The Edge Kuala race. environment is evident in its environ-
Lumpur Rat Race since its inception S P Setia has signed up a team each ment-friendly developments, where
in 2000. for the mixed and open categories. sustainable features are a top priority.
It gives me a sense of personal One of the team members says the The S P Setia Foundation also fo-
achievement in terms of training and race enables the companys employ- cuses on education and community
getting ready for the race as well as ees to participate in a healthy event building, whereby the company con-
doing it for a good cause, he says. and at the same time, contribute to sistently organises festive open hous-
I think it is a very good concept. the community, particularly in ed- es, recycling activities and health-re- Tanjong Management Services Tanjong Managements employ-
It encourages us to take some time ucation. lated programmes. Sdn Bhd ees have been participating in the Rat
Tanjong Group human resources Race for a decade now. Nevertheless,
and administrative services senior says Jayakumar, the team is making
general manager M Jayakumar says a conscious effort to spare some
Top Glove Corp Bhd the most memorable part about The time every couple of days to focus
Top Glove executive director Lim Edge Kuala Lumpur Rat Race is the on cardio and endurance workouts.
Cheong Guan believes a good CR hilarity that ensues when corporate As education is the crux of a na-
effort is not just handing out cash. figures bust their trainers on the tions development, the Rat Race
It must strike the souls and hearts streets of Kuala Lumpur. has earned a permanent spot on
of those involved as well as the un- I think corporate Malaysia will Tanjong plcs annual calendar of
derprivileged. share the same sentiment when I say events. We value sustainable com-
Lim, who is running in the CEO that the Rat Race is the only time of munity projects and recognise that
Race, says the Rat Race is a perfect the year when the fancy, smart and our corporate responsibility goals
opportunity to do that. neat are caught sweaty and messy, in terms of education are achieva-
It is a good opportunity to be which happens to be quite a hilari- ble through our participation in this
hands-on and a good health check cause, in office attire, along busy three years ago and thinks its time ous sight, he laughs. race, Jayakumar adds.
too! he says. When we do some- Kuala Lumpur roads (without an- to participate again.
thing for charity, it has to be in- yone chastising him for being out After a gap of a few years, I took
volvement from top to bottom and of his mind). up the challenge again in the hope
everyone needs to sweat it out! It is a show of support and en- of inspiring others to do something
Having participated in the Rat couragement for the organiser for they thought was too tough or im-
Race several times, he says he a job well done, he says. possible, he says. When people
doesnt worry about where he plac- He adds that Top Glove itself see me cross that finish line, they
es, as the main aim of the race is has offered scholarships, provid- will believe they can do it too.
running for a good cause. ed educational aid to schools and Mohammad Najmuddin, 23,
Whether I am the first or last contributed in cash and kind to says it is an opportunity for him to
... I am proud that Top Glove has non-governmental organisations help people in need and make a
done something for those in need, and charitable bodies. difference in someones life.
he says. Top Glove is also sending a team It is the thought and sincerity
The Rat Race is a special run, for the mixed category. that matters ... your charitable act
he says, as it offers a chance for Team member Chong Wen Teng, will be felt by those who receive
corporate leaders to run for a good 28, says he took part in the race it, he says.

Nestl Products Sdn Bhd products, he says, adding that this thing when businesses can create
The philosophy underpinning has helped increase the farmers value for shareholders and for so-
Nestls corporate responsibility monthly income. ciety at large.
initiatives can be seen in the way The Nestl Paddy Club, mean- Nestl Malaysia and Nestl Sin-
the chillies and rice that are used while, works with farmers through gapore will also be sending a team
in the groups products are grown. a rice-growing sustainability inno- of five for the mixed category.
Nestl (M) Bhd managing direc- vation that uses environmentally The team members run togeth-
tor Alois Hofbauer says the compa- friendly approaches. er regularly. They also hit the gym
ny has established a Nestl Chilli It has benefited more than 300 at least twice a week and run out-
Club and Nestl Paddy Club, which farmers, enabling them to achieve doors on Saturdays in preparation
ensure good agricultural practices yields that are higher than the na- for the event.
are employed when growing the tional average. According to one of the par-
chillies and rice used in the groups Hofbauer, who will be running ticipants, the concept of running
Maggi Sos Cili and infant cereals in The Edge Kuala Lumpur Rat Race for charity is good as it can help
respectively. for the second time in the CEO cat- create awareness of helping those
The Nestl Chilli Club helps egory, says Nestl believes in cre- in need.
rural farmers grow quality raw ma- ating shared value, which forms the Some of the other runners say
terials while offering them a fair foundation of its business. running for charity gives more
market price and demand for their To us, the future means some- meaning to their favourite sport.
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
P R O P E RT Y S NA P S H T 9

SOURCE: THEEDGEPROPERTY.COM

Kajang/Bandar Sg Long non-landed residential average price

Kajang gains momentum


This week the spotlight falls on non-landed residential properties in
Selangors Kajang and the adjacent Bandar Sungai Long. The study
covers Jade Hills in the west to Taman Kajang Perdana in the east, from
Kajang 2 in the south to Bandar Sungai Long in the north.
Based on theedgeproperty.coms analysis of transactions, the
secondary prices of non-landed residential properties in Kajang/
Bandar Sg Long have been steadily rising since 2013. The average price
hit a peak of RM227 per square foot (psf ) in 3Q2014, up 17.7% y-y
from RM193 psf in 3Q2013. This follows a growth of 12.9% y-y in the
preceding year.
Meanwhile the total transaction volume for the 12 months to 3Q2014 SOURCE: THEEDGEPROPERTY.COM

declined 17.4% y-y from 1,141 to 943 units. Kajang/Bandar Sg Long non-landed residential volume
Interestingly, Kajang is home to many exclusive gated-and-guarded
residential estates. It has many international schools and private
hospitals to cater to the demands of the upper-middle class. As a
result, the recent high-rise developments here are mainly upmarket
ones, setting new benchmark prices which gives a boost to the local
secondary market as well. Among the upcoming developments in
Kajang include Saville @ Kajang and MKH Boulevard by MKH Berhad
as well as Jadite Suites by Gamuda Land.
Kajang will become an increasingly viable place to live with the
completion of the MRT Sungai Buloh-Kajang Line due in 2017. Kajang
is set to receive three MRT stations at Saujana Impian, Bandar Kajang
and Jalan Reko.

Go to theedgeproperty.com for
The Analytics are based on the data available at the date of publication and may be subject to further revision as FREE transaction data, analytics, trend analysis,
and when more data is made available to us.
news, classied listings and more.

Johors sub-sale segment sees slight price increase


BY TA N A I L EN G & RACHEAL LEE tions for their projects at Iskandar Malaysia.
The Iskandar market could be hit by
JOHOR BARU:Despite sales having been Filepic of the Causeway, oversupply of high-rise, mixed-use devel-
impacted by weak market sentiments, the with Johor Baru in the opment projects if there is no coordinated
sub-sale market in Johor has recently seen background. Residential planning and control, which might lead to
a marginal increase of 5% in selling price, transactions in Johor fell price volatility, Wong explained.
with buyers interest mostly concentrated to 7,719 units in 1Q2015 Concerned about the mismatch of sup-
on landed properties. statistics. Photo by ply and demand of high-rise properties, the
Samuel Tan, director of KGV International Bryan Tay/The Edge Johor government has also issued a freeze
Property Consultants (Johor) Sdn Bhd, not- Singapore on new applications to build serviced apart-
ed that most buyers are looking at landed ments at the end of 2014.
houses in rural-urban fringe areas, such as in Carefully planned gated landed residen-
Skudai, Tampoi, Bukit Indah, Desa Bestari, tial townships would continue to enjoy re-
Johor Jaya and Tebrau, thanks to the afforda- Currently, newer landed property is priced Highlights 1H2015 by Knight Frank. silient demand, said Johor Real Estate and
ble pricing and proximity to Johor Baru. over RM500,000, which is beyond the budget Statistics from National Property Infor- Housing Developers Association branch
The high-rise residential market remains of most working class people. New high-rise mation Centre (Napic) also show that res- chairman Hoe Mee Ling.
gloomy due to news reports on Iskandar residential units with a built-up size of about idential transactions in Johor fell to 7,719 Developments with good highway acces-
Malaysias supply condition, he added, as 1,000 sq ft and selling at about RM400,000 will units in 1Q2015. sibility and availability of amenities will always
Singapore buyers are more cautious about be another choice for home buyers. In a research report, Maybank Invest- have the advantage, she added. Residential
investing in the area, knowing that Malay- Malaysias cooling measures and banks ment Bank analyst Wong Wei Sum noticed developments situated next to or near mature
sias property market is going through dif- tightened lending restrictions have caused that some developers have scaled back their or growing neighbourhoods will enjoy more
ficult times. residential transaction volume to plunge launches and shifted their product mix to demand; similarly, industrial properties with-
However, there is still demand for high- 21.2% in 1Q2015 compared with the pre- avoid direct competition with Chinese devel- in well-planned and well-managed business
rise properties at the affordable price range. vious quarter, according to Real Estate opers, and have since lowered sales expecta- parks will do well. theedgeproperty.com

Colliers: New York property market still hot, leasing slows a tad
BY HERB ERT L A SH Were definitely in a landlords market known in the industry as absorption, which 2009 and are likely poised to reach US$100
with the availability rate where it is now, slipped from year-ago levels but remains a square foot, Harbert said.
NEW YORK: Leasing activity in the third quar- Joseph Harbert, president of the eastern strong as technology, the so-called TAMI Midtown South is so hot, prices for the
ter for office space in Manhattan dipped below region at Colliers, said at a media briefing. (technology, advertising, media and infor- best century-old brick and mortar buildings
a 10-year rolling average for the first time since Harbert said it was a very vibrant mar- mation) sector, continues to drive demand. in the area are nearing those of Class A glass
2013, a crack in an otherwise robust commer- ket, especially for space between 15,000 TAMI accounted for the largest share of and steel buildings in Midtown.
cial real estate market, Colliers International and 75,000 sq ft. leasing, at 34% in the third quarter, imme- Private equity funds continue to cash
Group Inc said last Wednesday. The price of asking rents for all Manhattan diately followed by the more traditional fi- out, accounting for more than half of sales
The asking rate for rents is at record highs surpassed US$70 (RM289.10) a square foot for nancial services and insurance. during the quarter, a sign of a top in the mar-
and property sales are poised to set an an- the first time since 2008, considered the peak TAMI is fuelling rental growth, especially ket but also that the life span of their funds
nual record, while the availability rate for of the citys commercial real estate market. in the Midtown South section below 34th has ended. Foreigners, after private equity,
office space fell to 9.7%, the lowest for all Another sign of a tightening market in- Street, where rents have surged almost 80% make up the lions share of the buyers of
of Manhattan in seven years, Colliers said. cludes the amount of space that is leased, since the trough of the Great Recession in buildings. Reuters
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
10 ST O C KS W I T H M O M E N T U M
This column is an analysis done by Asia Analytica Sdn Bhd on the fundamentals of stocks with momentum that were picked up using proprietary algorithm by
Anticipatory Analytics Sdn Bhd and that rst appeared at www.theedgemarkets.com. Please exercise your own judgment or seek professional advice for your specic
www.theedgemarkets.com
investment needs. We are not responsible for your investment decisions. Our shareholders, directors and employees may have positions in any of the stocks mentioned.

JOHORE TIN BHD (-ve) JOHORE TIN BHD FY12 FY13 FY14 FY2015Q2
(ALL FIGURES IN MYR MIL) 31/12/2012 31/12/2013 31/12/2014 30/6/2015
SHARES of Johore Tin (Fundamental: 1/3, milk and dairy products. The Johor-based Income Statement
Valuation: 2.4/3) rose 2 sen or 1.1% to close company exports over 70% of its products to Turnover 246.4 241.4 316.8 113.6
at RM1.80 last Friday. Month-to-date, the countries in Asia, Africa, and Central Amer- EBITDA 34.4 33.0 26.6 11.7
stock and its warrants are up 16.1% and ica a new export market in 2014. Depreciation 5.4 5.2 7.1 1.9
76.5%, respectively. Bursa filings show that For 1H2015, revenue jumped 70% y-o-y to EBIT 29.0 27.8 19.4 9.8
insiders took the opportunity to reduce their RM204.4 million due to a 111% increase in Associates - - - -
holdings last week. F&B sales. Net profit surged 121% to RM10.7 Interest income 0.3 0.8 0.4 0.1
Chairman Datuk Kamaludin Bin Yusoff million, driven by better sales margins and Interest expense 1.8 1.4 1.5 0.6
and his wife sold a total of 102,000 shares at a low base from the F&B segment. Extraordinary gain/(loss) - - - -
between RM1.795 and RM1.83. Post-disposal, Tin manufacturings profit, however, Pre-tax prot 27.6 27.1 18.4 9.2
Datuk Kamaludin ceased to be a substan- slumped 41% to RM4 million despite sales Net prot - owners of company 22.9 20.6 13.0 6.7
tial shareholder after his deemed interest of dropping only 3% to RM41.4 million. This Balance sheet
4.8% fell below the 5% threshold. was attributed to the strengthening USD Fixed assets - PPE 58.1 76.7 82.2 85.1
Meanwhile, Goh Mia Kwong, who is the which resulted in higher raw material costs Biological assets - - - -
companys largest shareholder, sold 250,000 and lower margins. Intangibles & goodwill 10.7 10.7 10.7 10.7
warrants at an average price of 31 sen while Johore Tins new milk and dairy products Cash and equivalents 49.8 38.3 25.5 21.8
director Yeow Ah Seng sold 294,666 warrants manufacturing plant in Teluk Panglima Ga- Total current assets 149.7 142.2 234.7 222.8
at an average price of 26 sen. The warrants rang, Selangor is slated for completion in ST borrowings 21.8 20.3 58.7 69.7
traded at 17 sen at end-September. 2015. It is expected to boost F&B production Total current liabilities 45.5 40.4 132.6 115.0
Johore Tin derives 28% of its revenue capacity by more than 25%. Total assets 173.0 190.8 196.6 205.2
from tin manufacturing and 72% from the The stock trades at a trailing P/E of 8.8 Shareholders' fund 155.9 169.6 180.8 191.4
F&B segment, which manufactures and sells times and 0.9 times book. Long term borrowings 12.8 15.6 10.6 8.1

JOHORE TIN BHD Valuation score* 2.40


Fundamental score** 1.00
TTM P/E (x) 8.82 JOHORE TIN BHD FY12 FY13 FY14 ROLLING 12-MTH
TTM PEG (x) 0.28 RATIOS 31/12/2012 31/12/2013 31/12/2014
P/NAV (x) 0.87 DPS ($) 0.04 0.05 0.04 0.04
TTM Dividend yield (%) 1.97 Net asset per share ($) 1.67 1.82 1.94 2.05
Market capitalisation (mil) 166.08 ROE (%) 17.47 12.65 7.41 10.60
Shares outstanding (ex-treasury) mil 93.31 Turnover growth (%) 83.56 (2.02) 31.23 61.01
Beta 1.03 Net prot growth (%) 107.38 (10.04) (36.97) 31.89
12-month price range 1.24-1.80 Net margin (%) 9.29 8.53 4.10 4.71
ROA (%) 15.12 11.32 6.70 9.66
*Valuation score - Composite measure of historical return & valuation
Current ratio (x) 3.29 3.52 1.77 1.94
**Fundamental score - Composite measure of balance sheet strength
& protability Gearing (%) - - 24.23 29.28
Note: A score of 3.0 is the best to have and 0.0 is the worst to have Interest cover (x) 19.16 23.59 17.94 19.21

TA ANN HOLDINGS BHD (-ve) TA ANN HOLDINGS BHD FY12 FY13 FY14 FY2015Q2
(ALL FIGURES IN MYR MIL) 31/12/2012 31/12/2013 31/12/2014 30/6/2015
TA Ann (Fundamental: 1.8/3, Valuation: logging (17.5%) and sawmilling (1.7%). The Income Statement
1.4/3) was picked by our momentum algo- company produced 511,022 m3 of logs in Turnover 789.9 769.9 1,011.6 256.9
rithm for the first time last Friday. Despite 2014, up 25.6% from a year ago. Export, EBITDA 166.4 202.4 271.9 69.9
a surge in trading volume, the stock closed mainly to Japan and India, accounted for Depreciation 75.8 76.5 89.5 20.1
unchanged at RM3.79. 53.2% of sales in 2014. EBIT 90.5 125.9 182.5 49.8
Sarawak-based Ta Ann was established in For 1H2015, sales rose 4.7% y-o-y to Associates - - - -
the mid-1980s as a forest concession licensee. RM479.0 million on higher FFB and crude Interest income 2.3 5.1 7.9 1.9
Today, the company is primarily engaged in palm oil (CPO) sales volume as well as better Interest expense 14.9 17.9 21.9 6.3
the cultivation of oil palms, manufacture and average selling prices of timber and timber Extraordinary gain/(loss) - - - -
sale of sawn timber, veneer and plywood, products. Meanwhile, net profit increased Pre-tax prot 77.9 113.1 168.4 45.4
and trading of timber logs. by a smaller margin of 3.6% to RM60.5 mil- Net prot - owners of company 57.6 93.0 123.7 33.4
Ta Ann diversified into oil palm plan- lion, due mainly to weaker FFB and CPO Balance sheet
tation in 2000. It has 39,527 hectares of average selling prices. Net gearing stood at Fixed assets - PPE 863.4 891.6 900.7 902.5
planted oil palm, of which 76.8% are ma- 14.7% at end-June. Biological assets 359.1 386.3 414.2 427.4
ture, and the balance are young and im- Ta Ann anticipates higher sales and profits Intangibles & goodwill 76.4 66.6 57.3 52.8
mature. The company also owns two palm from the oil palm segment in 3Q2015, which Cash and equivalents 130.3 260.8 319.6 337.0
oil mills with total processing capacity of is when FFB production peaks. The timber Total current assets 394.5 454.3 510.3 550.2
1.2 million tonnes of fresh fruit bunches segment, on the other hand, is expected to ST borrowings 235.3 240.6 138.6 151.0
(FFB) per year. benefit from strong demand and favourable Total current liabilities 341.1 363.3 270.0 288.9
The oil palm segment became the larg- exchange rates. Total assets 1,352.5 1,435.8 1,613.2 1,644.6
est contributor to sales in 2014, accounting The stock currently trades at a trail- Shareholders' fund 961.8 1,009.0 1,058.2 1,120.0
for 42.6% of its RM1.0 billion sales. This is ing 12-month P/E of 11.3 times and 1.25 Long term borrowings 238.3 277.8 377.8 351.0
followed by the plywood segment (38.1%), times book.

TA ANN HOLDINGS BHD Valuation score* 1.40


Fundamental score** 1.80
TTM P/E (x) 11.27 TA ANN HOLDINGS BHD FY12 FY13 FY14 ROLLING 12-MTH
TTM PEG (x) 9.72 RATIOS 31/12/2012 31/12/2013 31/12/2014
P/NAV (x) 1.25 DPS ($) 0.05 0.05 0.20 0.20
TTM Dividend yield (%) 5.28 Net asset per share ($) 2.59 2.72 2.86 3.02
Market capitalisation (mil) 1,404.34 ROE (%) 6.06 9.43 11.96 11.84
Shares outstanding (ex-treasury) mil 370.54 Turnover growth (%) (14.66) (2.53) 31.39 18.80
Beta 0.53 Net prot growth (%) (62.76) 61.43 33.01 1.16
12-month price range 3.21-3.88 Net margin (%) 7.29 12.07 12.22 11.95
ROA (%) 4.26 6.67 8.11 8.19
*Valuation score - Composite measure of historical return & valuation
Current ratio (x) 1.16 1.25 1.89 1.90
**Fundamental score - Composite measure of balance sheet strength
& protability Gearing (%) 35.70 25.53 18.59 14.74
Note: A score of 3.0 is the best to have and 0.0 is the worst to have Interest cover (x) 11.17 11.28 12.41 11.58
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
I N V E ST I N G I D E A S 1 1
BROUGHT TO YOU BY Note: This report is brought to you by Asia Analytica Sdn Bhd, a licensed investment adviser. Please exercise your own
judgment or seek professional advice for your specic investment needs. We are not responsible for your investment
www.theedgemarkets.com
decisions. Our shareholders, directors and employees may have positions in any of the stocks mentioned.

I N S I D E R A S I AS S TO C K O F T H E D AY SKP RESOURCES BHD FY13 FY14 FY15 FY2016Q1


(ALL FIGURES IN MYR MIL) 31/3/2013 31/3/2014 31/3/2015 30/6/2015
SKP RESOURCES BHD Income Statement
Turnover 423.3 412.8 619.3 243.1
SHARES for SKP have done very well over the Back of the envelope calculation as-
EBITDA 60.3 46.6 63.9 28.8
past one year. Confidence in the company suming current net margin of 7% (SKP is not
Depreciation 8.8 8.4 9.6 4.7
was boosted after it bagged two contracts exposed to forex movements) suggests an
EBIT 51.5 38.2 54.3 24.2
to manufacture cordless vacuum cleaners annual profit contribution of RM70 million.
Associates - - - -
for UK-based Dyson. Add that to annualised 1QFY16 results, net
Interest income 2.2 1.3 0.8 0.1
We believe much of the good news is already profit would total some RM142 million
Interest expense 0.0 - - 0.7
priced into its shares, which are now trading at a meaning its FY17 P/E will drop to 10.4 times.
Extraordinary gain/(loss) - 0.3 0.6 -
trailing P/E of 29 times. Nevertheless, investors Importantly, SKP has a long track record
Pre-tax prot 53.8 39.8 55.8 23.5
can still look forward to rising dividends with of paying out around 50% of annual profits as
Net prot - owners of company 39.6 29.3 42.3 17.9
good earnings visibility and solid balance sheet. dividends. At this payout ratio, yield would
SKP is based in Johor. It manufactures plas- rise from the current 1.4% to about 4.8%. Balance sheet
tic parts and components, precision mould Looking ahead, there is room for further Fixed assets - PPE 73.6 79.0 178.6 179.1
making, sub-assembly of electrical equipment growth. Including the latest contracts, its new Biological assets - - - -
and other secondary processes for customers plant in Senai is only 35% utilized. Intangibles & goodwill - - - -
including Sharp, Sony and Hewlett-Packard. Note that its 1QFY16 earnings included Cash and equivalents 91.6 94.8 83.4 20.5
Prior to the new Dyson contracts, SKP had contributions from three newly acquired sub- Total current assets 190.7 220.6 382.9 323.9
been manufacturing vacuum cleaners, hand sidiaries from Tecnic Group, which was com- ST borrowings - - - 24.8
dryers and bladeless fans for the former. pleted in March 2015. The subsidiaries produce Total current liabilities 62.1 74.9 398.1 195.7
The new contracts are worth RM400 mil- commercial lubricant packaging and tool fab- Total assets 206.2 228.1 166.6 309.6
lion and RM600 million over 5-years, the first rication for clients including Petronas, Nestle Shareholders' fund 198.9 220.1 152.0 271.3
starting this month while the second is sched- and Unilever. The new businesses account Long term borrowings - - - 23.6
uled to commence January 2016. Hence, the for some 25-30% of SKPs revenue and are
first full-year impact will be felt in FYMar2017. expected to see steady 8-12% annual growth.

SKP RESOURCES BHD Valuation score* 1.10


Fundamental score** 2.10
TTM P/E (x) 29.30 SKP RESOURCES BHD FY13 FY14 FY15 ROLLING 12-MTH
TTM PEG (x) 0.46 RATIOS 31/3/2013 31/3/2014 31/3/2015
P/NAV (x) 5.43 DPS ($) 0.02 0.02 0.02 0.02
TTM Dividend yield (%) 1.44 Net asset per share ($) 0.22 0.24 0.17 0.25
Market capitalisation (mil) 1,473.16 ROE (%) 20.88 14.00 22.75 22.64
Shares outstanding (ex-treasury) mil 1,083.21 Turnover growth (%) 2.04 (2.49) 50.03 62.13
Beta 1.11 Net prot growth (%) 7.34 (25.86) 44.34 64.34
12-month price range 0.57-1.53 Net margin (%) 9.34 7.10 6.83 6.91
ROA (%) 20.12 13.50 21.45 21.44
*Valuation score - Composite measure of historical return & valuation
Current ratio (x) 3.07 2.94 0.96 1.65
**Fundamental score - Composite measure of balance sheet strength
& protability Gearing (%) - - - 10.28
Note: A score of 3.0 is the best to have and 0.0 is the worst to have Interest cover (x) 60,302.00 - - 111.12

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M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
12 B R O K E R S C A L L

Kossans earnings remain intact


THE EDGE FILE PHOTO
Kossan Rubber Industries Bhd Kossan Rubber Industries Bhd
(Oct 9, RM7.74)
Maintain hold with a higher tar- FYE DEC (RM MIL) 2014A 2015F 2016F 2017F
get price of RM7.35 from RM7.30: Revenue 1,302 1,628 1,880 2,064
Kossan Rubber Industries Bhd has Ebitda 248 359 372 403
recently commissioned its three new Pre-tax profit 187 292 305 338
glove plants 17, 18 and 19, taking its
Net profit 146 224 235 260
annual capacity to 22 billion gloves.
Going forward, it targets to build Net profit (pre ex.) 146 224 235 260
two new plants each year over the EPS (sen) 22.8 35.1 36.7 40.7
next five years. It plans to start con- EPS pre ex. (sen) 22.8 35.1 36.7 40.7
struction of two more nitrile glove EPS growth (%) 7 54 5 11
plants, which will be able to pro- EPS growth pre ex. (%) 7 54 5 11
duce 4.5 billion gloves per annum. Diluted EPS (sen) 22.8 35.1 36.7 40.7
Construction is expected to start
Net DPS (sen) 8.0 10.5 11.0 12.2
in the fourth quarter, with a target
commercial production date in fi- BV per share (sen) 126.2 151.5 177.5 206.6
nancial year 2017 (FY17). PER (x) 34.6 22.5 21.5 19.3
We conservatively forecast that Kossan targets to build two new plants each year over the next ve years. PER pre ex. (x) 34.6 22.5 21.5 19.3
Kossan will grow sales volume at a P/Cash flow (x) 32.1 23.9 21.2 17.9
14% compound annual growth rate EV/Ebitda (x) 20.9 14.3 13.7 12.4
(CAGR) from FY15 to FY17, which ity from a stronger US dollar and Kossan is facing rising compe- Net dividend yield (%) 1.0 1.3 1.4 1.6
is slightly below its capacity growth efficiency gains. tition as other glove makers are
P/Book value (x) 6.2 5.2 4.4 3.8
of a 16% CAGR over the period. We expect the share price to hov- crowding into the nitrile glove seg-
However, we expect earnings er at this level for now, as the near- ment. This could pressure Kossans Net debt/Equity (x) 0.2 0.1 0.0 Cash
growth to be stronger at 22%, on term prospects have been largely unit profitability going forward. ROAE (%) 19.3 25.3 22.3 21.2
the back of higher unit profitabil- priced in. AllianceDBS, Oct 9 Source: Company, AllianceDBS, Bloomberg Finance L.P

Econpile sees
minimal impact
from arbitration
Econpile Holdings Bhd was made and is pending a de-
(Oct 9, 90 sen) cision.
Maintain buy with an unchanged On Sept 28, IRDK submitted
fair value of RM1.50: Econpile a notice of demand upon EMSB
Holdings Bhd announced on Bur- demanding a sum of RM796,500
sa Malaysia last Thursday that its being alleged liquidated and as-
wholly-owned subsidiary, Econpile certained damages and a further
(M) Sdn Bhd (EMSB), was served sum of about RM119 million be-
a notice of arbitration from IRDK ing alleged losses of profit due to
Ventures Sdn Bhd. non-performance of the contract.
This pertains to a piling job Following this, the notice of arbi-
worth RM8.7 million in Puchong, tration was served last Wednesday.
Selangor, that IRDK awarded to Econpile is currently in discus-
EMSB a year ago. sions with its solicitors and will pro-
Note that on June 3, IRDK served ceed with the arbitration process. Until there is more clarication in the ocial release of its text, the TPP poses risks to all drug makers based in Malaysia.
on EMSB a notice to determine the We understand that the arbitra-
contract. EMSB has disputed the tion process may take three months.
alleged determination.
On June 5, EMSB served a notice
We do not expect any material im-
pact from this as we are hopeful Pharmaceutical sector likely to be hit by TPP
of adjudication to IRDK to refer the that the decision will be favoura-
disputes arising from EMSBs pay- ble to EMSB.
ment claim for the contract. Furthermore, EMSB had al- Maintain neutral: According to offset the declining profit margin drugs to other TPP member coun-
The claims amount to about RM4 ready made the necessary impair- news reports, Malaysia has won of older generic drugs. A longer ex- tries, most local pharmaceutical
million, as well as interest costs and ment for doubtful debts amount- several concessions in areas con- clusivity period means that gener- companies focus mainly on the
other reliefs that the adjudicator ing to RM4 million for the financial sidered as sensitive, such as bumi- ic drug makers may have to hold domestic market.
may deem fit. year ended June 30, 2015. Am- putera interest and government back their product launches and Those with the ambition to ex-
The adjudication submission Research, Oct 9 procurement, in the Trans-Pacif- suffer an overall decline in profit pand beyond Malaysia, such as
ic Partnership (TPP) agreement margins. Hovid Bhd and Pharmaniaga, are
Econpile Holdings Bhd negotiation rounds, and that the We believe the TPP will sub- eyeing emerging markets like Nige-
Malaysian government stood firm ject government procurement and ria, the Philippines and Indonesia,
FYE JUNE 30 (RM MIL) 2014 2015 2016F 2017F 2018F that the TPP should not hinder the state-owned enterprises to greater which are not involved in the TPP.
Revenue 418.7 429.0 514.5 521.1 535.0 publics accessibility to afforda- competition as the International The TPP may take a few years to
Core net profit 31.0 46.6 57.3 64.3 70.0
ble drugs. Trade and Industry Ministry was come into effect, and its impact on
However, until there is more not able to totally carve out these the earnings of local drug makers
FD core EPS (sen) 5.8 8.7 10.7 12.0 13.1
clarification in the official release areas from the TPP. may only be felt in the longer term.
FD core EPS growth (%) 11.3 50.3 22.9 12.2 8.9 of its text, the TPP poses risks to The government is the key cus- As such, we keep our earnings
Consensus net profit - - 54.7 60.3 - all drug makers based in Malaysia. tomer of state-owned drug mak- forecasts and target prices for Hov-
DPS (sen) - 2.5 2.5 2.5 2.5 The Malaysian Medical Associ- ers such as Pharmaniaga Bhd and id and Pharmaniaga.
PER (x) 16.1 10.7 8.7 7.8 7.1 ation believes the TPP agreement CCM Duopharma Biotech Bhd. Nonetheless, the TPP still poses
EV/Ebitda (x) 7.5 6.1 4.5 3.6 2.8 would extend the exclusivity peri- Their manufacturing profit mar- a risk to the sectors valuation as it
Dividend yield (%) - 3.0 3.0 3.0 3.0
od of new drugs, the period when gins are higher than those of their could alter the sectors long-term
the drug originators have exclusive peers and their earnings are at prospects. We may review our val-
ROE (%) 24.3 25.4 25.8 23.9 21.7
marketing rights. risk should competition intensify. uation basis for these stocks when
Net gearing (%) nm nm nm nm nm Currently, generic drug makers While the TPP should reduce or we gather more details about the
Source: Company, AmResearch estimates rely on new product launches to remove the barriers of exporting pact. CIMB Research, Oct 8
M O N DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
13
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M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
14 B R O K E R S C A L L

LPI resilient, but LPI Capital Bhd

FYE DEC (RM MIL)


Gross premiums
2014A
1,098.8
2015E
1,207.8
2016E
1,253.8

faces external
Net premium 653.7 703.1 729.9
Other income 230.9 178.7 189.4
N.claims & other exp (542.5) (589.1) (615.0)
Operating profit 342.0 292.7 304.3
Pre-tax profit 341.9 292.2 303.9

headwinds Net profit (NP)


Core NP
Consensus Core NP
EPS (RM)
EPS growth (%)
283.0
223.1
-
1.28
40.4
248.3
233.0
231.8
0.75
(41.6)
244.0
244.0
241.5
0.74
(1.7)
Core EPS (RM) 1.01 0.70 0.74
Core EPS growth (%) 10.6 (30.5) 4.7
LPI Capital Bhd a strong performance from invest- earned premiums growing by 5.7%. DPS (RM) 0.75 0.60 0.59
(Oct 9, RM14.50) ment income, which grew 10.3%, On the upside, claims ratio fell BVPS (RM) 7.49 5.14 5.29
Downgrade to underperform with and commission income jumped by 5.26ppts; management expens-
ROE (%) 17.4 14.8 14.1
a lower target price of RM13.35: 16.1% for the nine-month period. es ratio dropped by 3.5ppts, but net
LPI Capital Bhds (LPI) cumula- However, the expansion in net commission ratio jumped 70ppts. PER (x) 11.0 18.9 19.2
tive nine months of financial year profit was capped by a higher man- The challenging economy will P/BV (x) 1.9 2.8 2.7
2015 (9MFY15) net profit came in agement expenses ratio, despite a dampen growth of the insurance N. div yield (%) 5.2 4.2 4.1
at RM218.8 million due to strong lower net commission ratio and industry moving forward. Industry Source: Kenanga Research
growth from net earned premiums lower claims ratio. growth is expected to grow between
and other income. Consequently, the combined ra- 3% and 4% for this year as forecast
Stripping out the realised gain tio decreased only by one percent- by the General Insurance Associa-
from Public Bank Bhds share sales, age point (ppt) to 69.4%. tion of Malaysia. the group up to 9MFY15. While LPI is still proving resilient
core net profit came in at RM185.5 On a quarter-on-quarter (q-o-q) We make no changes to our For FY16, we maintain our earn- amid a challenging economic envi-
million, accounting for 80% of our basis, third quarter financial year 2015 earnings estimates, and we main- ings as we forecast net earned pre- ronment, growth is expected to be
and market estimates. (3QFY15) earnings fell by 11% due to tain our earnings forecast for FY15, mium growth of 3.8% versus 7.6% subdued moving forward. Kenanga
Other contributing factors were a 31% fall in other income albeit net due to the resilient performance of for FY15. Research, Oct 9.

BIMB Holdings Bhd

FYE DEC (RM MIL) 2013 2014 2015F 2016F 2017F


New plant will contribute RM1b
Reported net profit
Net profit growth (%)
257
(6.8)
531
106.4
516
(2.8)
565
9.4
629
11.2
to RM1.2b to Malakoff s revenue
Recurring net profit 257 531 516 565 629
Recurring EPS (RM) 0.17 0.36 0.33 0.37 0.41 Malakoff Corp Bhd
BVPS (RM) 1.88 1.97 2.08 2.26 2.47 (Oct 9, RM1.70)
DPS (RM) 0.11 0.18 0.17 0.18 0.20 Maintain outperform with an un-
Recurring PER (x) 23.9 11.6 12.3 11.2 10.1 changed target price of RM2.18:
P/BV (x) 2.19 2.09 1.98 1.82 1.67 We visited Malakoff Corp Bhds
Div yield (%) 2.7 4.3 4.1 4.4 4.9
(Malakoff ) Tanjung Bin power plant
(TBP), a 2,100mw coal-fired pow-
ROAE (%) 10.5 18.5 16.8 16.9 17.2 er plant in Pontian, Johor, to gain
ROAA (%) 0.6 1.0 0.9 0.9 0.9 a better insight into the groups
Our vs consensus operations and to view the pro-
EPS (adjusted) (%) - - (4.2) (2.4) 0.8 gress of Tanjung Bin Energy (TBE),
Source: Company data, RHB a 1,000mw ultra-supercritical coal-
fired power plant, scheduled to
commence operations on March
BIMBs investment account 1, 2016.
TBP is running at full capacity,
offers funding option and despatching a full load to the
national grid, considering it is a
base-load plant and its cheaper
BIMB Holdings Bhd source of fuel (coal) currently.
(Oct 9, RM4.13) TBEs progress is on schedule. Tanjung Bin power plant.
Maintain neutral with a revised The construction of TBE, which is
target price of RM4.55 compared also known as T4, is almost com-
with RM4.30 previously: For 2015, pleted with the actual progress Malakoff Corp Bhd
BIMB Holdings Bhd (BIMB) tar- matching the original time line
gets, among others, financing and is on track to achieve the tar- FYE DEC (RM MIL) 2013A 2014A 2015F 2016F 2017F CAGR* (%)
growth of 14% to 15%, deposits and geted commercial operation date Revenue 4,717.4 5,594.5 5,649.0 5,938.8 6,200.0 3.5
investment account (IA) growth of on March 1, 2016.
around 5%, and a gross impaired Bank Islam. The plant is in the final stage Pre-tax profit 84.1 595.5 628.6 764.9 909.1 15.1
financing ratio of less than 1.5%. of fixing all its equipment and is Net profit 161.5 341.5 400.1 502.4 610.5 21.4
While first half of 2015 (1H15) expected to commence its initial EPS (sen) 3.2 6.8 8.0 10.0 12.2 21.4
financing growth was 11% (annu- personal financing was 0.6%, while operations in the next two weeks. PER (x) 53.4 25.1 21.4 17.1 14.0 -
alised), management expects to the ratio for mortgages was less TBE will add another 1,000mw DPS (sen) 3.0 5.1 5.6 7.0 8.5 -
see financing growth pick up in than 1%. capacity to TBPs existing capacity Dividend yield (%) 1.8 3.0 3.3 4.1 5.0 -
2H15, thanks to a healthy corpo- Management appeared opti- of 2,100mw, making it the largest Source: Company, PublicInvest Research estimates, *3 years CAGR from 2014
rate financing pipeline. mistic with respect to potential power plant complex by generation
In the second quarter of 2015 opportunities ahead that IAs could capacity owned by an independent
(2Q15) absolute non-perform- offer in terms of funding. power producer in Malaysia and While the existing TBP operates We have made some adjust-
ing financing rose 2% quar- BIMB cited the following bene- Southeast Asia. at 37% thermal efficiency, TBE is ments to our depreciation cost
ter-on-quarter (q-o-q) with the fits in growing funding via IA ver- We estimate the new plant will expected to achieve more than assumptions as we had underes-
rise largely due to the household sus deposits: 1) manage capital contribute approximately RM1 bil- 38% efficiency. timated the amount previously,
segment. more effectively; 2) reduce regu- lion to RM1.2 billion to the groups This means that TBE will be able resulting in a 14% to 19% reduc-
That said, management was not latory cost and cost savings as IA annual revenue. to produce more electricity with the tion in our forecast net profit for
overly concerned about the rise, will not be subjected to Malaysia TBE will be the second in Ma- same amount of coal, resulting in financial year 2016 (FY16) to FY17.
citing the strong loan growth and Deposit Insurance Corporation or laysia after Manjung 4 to utilise an lower operating costs per unit of We have also assumed lower
gross impaired financing ratio for PIDM premiums. ultra-supercritical boiler, which generation. operating costs and capital expend-
this segment was still low at 0.8%. We make no change to our earn- would enable greater energy effi- As TBE is identical to Manjung 4, iture towards the end of the pow-
Management shared that the ings forecasts. RHB Research, ciency compared with the existing operational experiences in starting er purchase agreement. Public
gross impaired financing ratio for Oct 9. three subcritical units at TBP. Manjung 4 can be applied to TBE. Investment Bank Research, Oct 9.
M O N DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
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16 H O M E

MCA not a silent partner of IN BRIEF

Najib in Jakarta for


two-day working visit

Barisan Nasional, says Najib


JAKARTA: Prime Minister Da-
tuk Seri Najib Razak arrived
here yesterday on a two-day
working visit. Najib, accompa-
nied by his wife Datin Seri Ros-
mah Mansor, arrived at Halim
Perdana Kusuma Airport here
at 12.30pm local time, and was
Urges Chinese community to continue to have faith and to support the coalition greeted by Indonesian Minis-
ter of Industry Saleh Husin,
Malaysias Deputy Ambassa-
KUALA LUMPUR: MCA is not a si- to reject any form of extremism, dor to Indonesia Roseli Ab-
lent partner of the Barisan Nasional whether violent extremism or racial dul and government officials.
(BN), Prime Minister Datuk Seri Najib extremism, in the country. The prime ministers entourage
Razak stressed yesterday. He pointed out that the BN policy then left for the Presidential
He said instead, the second-larg- is based on the diversity in the race, Palace in Bogor to meet with
est BN coalition party had constantly religion and culture of the people President Joko Widodo for a
voiced its views on various national which was determined by the coun- bilateral meeting to improve
issues, especially those concerning trys founders, and any attitude that cooperation in developing the
the Chinese community through the contradicts the moderation values of palm oil industry, and also dis-
proper channels and within the BN the BN is not encouraged. cuss issues relating to coop-
system itself, such as in the Cabinet The Malaysian Insider reported eration in the environmental
meeting and BN council meetings, Najib as saying that Chinese schools field. The visit is a follow-up
Bernama reported. Najib (centre) discussing with MCA president Datuk Seri Liow Tiong Lai (left) at the are here to stay amid calls from certain to the previous two ministeri-
The voice of the Chinese commu- launching of the MCA annual general assembly at Wisma MCA yesterday, with MCA deputy groups for vernacular schools to be al meetings between Malaysia
nity is expressed through MCA. The president Datuk Seri Dr Wee Ka Siong (right) looking on. Photo by Bernama abolished in favour of a single-stream and Indonesia, held on Aug 27
MCA gives its views courteously and education system. in Kuala Lumpur and Oct 3 in
not in an insolent manner, but firmly. He said that working within the also pledged to continue to cooper- There are voices that say we should Jakarta. Bernama
On whatever issues, whether it is system in addressing an issue is more ate in the best manner with the MCA abolish SJKC (Sekolah Jenis Kebang-
the yellow shirt or red shirt demon- effective and respectable than shout- which has been its coalition partner saan Cina) and create a single-stream Penang never reduced
strations, Low Yat [Plaza] incident, ing and talking about it outside. ever since before independence. education system. That is not Barisan fund for Islamic schools
and 1MDB (1Malaysia Development On another note, the BN chair- I need the support of the Chinese Nasional policy, he said, referring to GEORGE TOWN: Penang Chief
Bhd), the MCA always gives its views. man urged the Chinese community community to be our mainstream Chinese schools by their Malay acro- Minister Lim Guan Eng denied
And I respect the views of the MCA. to continue to have faith and to sup- partner in the political, economic and nym. Barisan Nasional stands for poli- yesterday an allegation that the
It is not correct if the DAP says port the coalition. social development of the country. cies that are based on multiculturalism, state government has recently
the MCA is a silent partner, he said Najib also said that he wanted the If we are together, we can achieve multilingualism, [and which are] ethnic reduced allocations for sekolah
in his opening address at the 62nd Chinese community to be in the main- greater things for Malaysia, he said. and multireligious. This was decided by agama rakyat, or public religious
MCA annual general assembly at stream in developing the country. Touching on extremism, the prime our forefathers, he said. Bernama/ schools. Guan Eng said the alle-
Wisma MCA here yesterday. He said that as Umno president, he minister also called on Malaysians The Malaysian Insider gation was part of several lies
being told about his administra-
tion to play up the racial and re-
ligious cards. The government

Liow: Party will continue the struggle never reduced the RM1.75 mil-
lion allocation for the schools
which are additional provisions
for Islamic affairs purposes, he
KUALA LUMPUR: MCA will contin- MCA here yesterday. we are facing. The gap among the approved under the financing of said in a statement. This game
ue to be with the Barisan Nasional The assembly was opened by thinking of the races, the gap among Koperasi Jaya Diri Malaysia Bhd of slander against me, using
(BN) in shouldering the responsi- Prime Minister and BN chairman the thinking of the generations, (Kojadi) to 124 applicants. racism and religious issues, are
bility to develop Malaysia on the Datuk Seri Najib Razak. and the gap between the thinking Realising the importance of rampant in Penang, and aim at
basis of togetherness and mutual In the meantime, Liow said MCA of the urban and rural areas need monetary financing to develop IKS, splitting the unity among the
understanding among the races. vowed to always continue the strug- to be urgently addressed, he said. MCA would make an application to various races in Malaysia, he
MCA president Datuk Seri Liow gle and support the leadership of Liow also said MCA would con- set up a Kojadi Cooperative Bank said. The Malaysian Insider
Tiong Lai said the perception of the the prime minister to implement tinue to stress on noble values such to strengthen the development of
people towards the party must con- the policy of moderation, harmo- as good governance, transparency, the economy and transformation Oct 25 case management
tinue to be strengthened to trans- ny, and unity in diversity, in line accountability and integrity. He in an effective manner. for misuse of power trial
form the party and nation. with the spirit upheld by BN. He said MCA would hold on to the A total 1,761 delegates or 74.1% JOHOR BARU: The Sessions
Let us rise together, unite and also suggested that the government principles of moderation, harmony of the 2,357 delegates nationwide Court has set Oct 25 for case
standing shoulder to shoulder in set up a National Reconciliation and unity in all its approaches and attended the gathering this year. management of the trial of a
ensuring not only the continuity Council for Political Governance, would never use the racial card. The Malaysian Insider reported lawyer who stands accused of
of BN, but what is more important Religious Affairs and Unity to solve Meanwhile, commenting on the Liow as saying that MCA will not four charges of misusing his
is ensuring that the future of our the issue of racial tension, differ- aspect of economy, Liow said since allow Chinese schools to be abol- power as a company director.
beloved Malaysia is guaranteed, ences in religious understanding the launching of the Secretariat ished, in response to calls from Judge Azura Alwi fixed the date
[to stay] peaceful and prosperous and the socio-economic status of for the Advancement of Malay- certain quarters to shut down ver- to allow the defence to get cop-
forever, he said in his presidential the people. sian Entrepreneurs in July to as- nacular schools and implement a ies of relevant documents from
policy speech at the 62nd MCA an- The time has come for us to do sist small and medium industries single-stream education system. the prosecution. Kamal Hisham,
nual general assembly at Wisma something to tackle the racial issues (IKS), RM26.6 million had been Bernama/The Malaysian Insider 45, claimed trial on Sept 8 to
misusing his power as a direc-
tor of Southern Ads Sdn Bhd
involving business space at JB
As vaping gains popularity, Mevta calls for regulation Sentral here between 2009 and
2011. Bernama
DPM saddened by deaths
BY MOH D FA RHAN DARW IS the need to regulate the indus- Rizani told The Malaysian In- not be made as such. It is not a of Orang Asli students
try in Malaysia, which some have sider that the association has fashion. Essentially, vaping is WASHINGTON DC: Deputy
KUALA LUMPUR: As vaping gains claimed is the second largest after established a relationship with an alternative for smokers who Prime Minister Datuk Seri Dr
popularity, the Malaysia E-Vaporiz- the United States. researchers from institutions of do not like the tobacco smell or Ahmad Zahid Hamidi expressed
ers and Tobacco Alternative Asso- With the fast growing number of higher learning, such as Univer- those who are looking for ways to his sadness on the death of four
ciation (Mevta) is concerned about vape users in the country, the multi- siti Malaya, to study the risks of quit smoking, said Rizani. Orang Asli students of Sekolah
uncontrolled sale and use of elec- million-ringgit industry is booming. vaping. This is a business dedicated to Kebangsaan Tohoi, who pre-
tronic cigarettes. There are new concerns that minors Within six months of its incep- those who aim to quit smoking, viously went missing together
It is keen to work with the au- have also joined the craze.With so tion in March 2014, Mevta had also not a business like selling ciga- with three others in Gua Mu-
thorities to regulate and study the many players involved as importers, sent two letters to the Health Min- rettes over the counter. sang, Kelantan. Ahmad Zahid
long-term effects of the alternative buyers, brewers and retailers, there istry to discuss issues surround- Mevtas goal is to act as a me- expressed his condolences to
to smoking tobacco. is no proper way to determine the ing the governments intention diator between vape users and the families of the students who
Its vice-president, Rizani Zakar- authenticity and safety of the e-cig- to regulate the industry, he said. the government. Th e Malay- died after going missing since
ia, said the association understood arette devices and the vape liquids. Vaping is not a trend. It should sian Insider Aug 23. Bernama
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
H O M E 17

Radah presses Malaysia International Gourmet Festival beckons


government to
GENTING HIGHLANDS: The regions for diners who settle their bill with
count cost of most celebrated food event, the Ma- Genting Rewards Points.
smoke pollution laysia International Gourmet Festival,
is back. Themed Galactic Chefs! 2015:
Discounts for body massage and
facial treatments at M-spa & Fitness
A Food Odyssey, the 15th edition of and the Superstars of Magic show
KUALA LUMPUR: The govern- the festival is being held from Oct 1 are other attractions.
ment should calculate the eco- to 31, beckoning food lovers to visit Imperial Rama, a fine-dining
nomic and social costs of the the restaurants that are participating, contemporary restaurant on Level
smoke pollution caused by the the organisers said in a statement. 2, Maxims, is noted for its elegant
forest fires in Indonesia, said Tan This year, the festival features 26 dcor, and blend of distinctive Thai
Sri Rafidah Aziz yesterday. top restaurants in the country, in- and Chinese fare. The festive fare is
The former international trade cluding the Resorts World Gentings at RM338 nett per person without
and industry minister said cal- world-class The Olive Restaurant Ambience at The Olive Restaurant & Bar Lounge, Genting wine pairing, and RM468.00 nett
culations need to be done for & Bar Lounge, Imperial Rama, and Highlands. (Inset) The restaurants chef Mohd Radzuan Hamzah. with wine pairing.
Malaysia to make the parties re- LTITUDE Restaurant, Bar & Lounge. The LTITUDE Restaurant, Bar
sponsible for the pollution to be The award-winning Olive Restau- & Lounge, billed as the ultimate
accountable. rant & Bar Lounge, located on the taurant & Bar Lounge, Imperial complimentary welcome drink. in exclusivity, is only open to the
The smoke is an annual nui- lobby floor of Genting Grand, features Rama, and LTITUDE Restaurant, Diners can also be upgraded public during the festival month.
sance, but economic and social a festival menu priced at RM298 nett Bar & Lounge include a door gift, to a private room for group dining The restaurants festival menu
costs must be calculated, in the per person without wine pairing, and 10% discount on the first bottle and (subject to room availability), a 50% goes at RM288 nett per person with-
event we need to make account- RM438 nett with wine pairing. 20% discount on the second bottle of discount on room rates at Genting out wine pairing, and RM438 with
able those who are responsible Festival offers for The Olive Res- selected wines or champagne, and a Grand Premier and a 10% discount wine pairing.
for the environmental hazard,
she wrote on her Facebook page.
Singapore has taken steps to

Zahid: US close ties with


initiate legal action against Indo-
nesian firms for the massive forest
burning that has caused smoke to
blanket Malaysia and Singapore.
Rafidah said the situation

Putrajaya open new era


would impact the economy in
terms of productivity losses and
opportunity costs. It caused sev-
eral school closures intermittently
over the past few weeks.
Many outdoor programmes
have also had to be curtailed
or cancelled altogether. And its
negative impact on health and In matters concerning terrorism, cross-border crime and visa exemption
well-being certainly is significant,
Rafidah said.
The annual Standard Char- WASHINGTON: The willingness of to the United States, he said at the of- with several US leaders. here, Prime Minister Datuk Seri
tered Marathon was also can- the US administration to have close ficial residence of the Malaysian am- Although we are a small nation, Najib Razak attended the major
celled because of the pollution. cooperation with Malaysia in matters bassador here on Saturday morning. the feeling of respect exists and we see sessions at the United Nations Gen-
Some areas in the Klang Valley concerning terrorism, cross-border Good friends should not kowtow the chemistry in the discussions that eral Assembly in New York, while
breached the hazardous level in crime and visa exemption will open but they appreciate our contribution, they appreciate what is being done International Trade and Industry
air pollutant index (API) readings a new era in bilateral relations. especially in resolving the problems of by Malaysia, he said. Minister Datuk Seri Mustapa Mo-
last week. Deputy Prime Minister Datuk Seri terrorism [and] cross-border crime. Among Ahmad Zahids pro- hamed was in Atlanta to conclude
Bernama reported that the air Dr Ahmad Zahid Hamidi said Malay- At the same time, he said Malaysia grammes here was the signing of the TPP negotiations.
quality in Port Klang recorded a sia saw the positive attitude of the US respected relations with the other ma- the HSPD-6 Homeland Security Pres- Commenting on the TPP to Ma-
moderate API reading of 91 at leaders, following the conclusion of jor world powers, especially the coun- idential Directives No 6 with US Sec- laysian journalists later, Ahmad Zahid
2pm yesterday, which was ap- the Trans-Pacific Partnership (TPP) tries which are closer neighbours. retary of State John Kerry, aimed at said the US understood and respect-
proaching the unhealthy level negotiations in Atlanta recently. He said that while at the US ad- enabling Malaysia to participate in ed Malaysias policy, which must
between 101 and 200. The Ma- However, this development did ministration centre, he could feel the the US visa-exemption programme. be protected when the cooperation
laysian Insider/Bernama not mean Malaysia should kowtow respect accorded during his meetings Prior to Ahmad Zahids visit comes into force. Bernama

Families brace for final MH17 air crash report


THE HAGUE: International inves- question why Dutch ... relatives of missile next to a plane. completed to answer who was be- Jerry Skinner, whose Syd-
tigators will tomorrow release their [the] victims had to wait two to four Fragments of a Russian-made hind the probable firing of the mis- ney-based firm LHD represents
final report on the shooting down days before receiving confirmation BUK were found at the crash site sile, he told AFP. families of the passengers on board
of Malaysia Airlines (MAS) flight from the Dutch authorities that earlier this year. But Moscow has That must come from the crim- the Boeing 777, urged them not to
MH17 over war-torn Ukraine, but their loved ones were on board, denied involvement and instead inal probe and has to be proved sign a new letter from MAS dat-
the burning question of who was and lastly, the question as to what has accused Ukraines military of properly, said Schouten. ed Oct 5, offering them a share of
to blame will remain unresolved. extent the occupants of flight MH17 being behind the tragedy. But with the release of tomor- a RM10 million fund, The Sydney
The Dutch Safety Board, leading were conscious of the crash. rows report, the net is certainly Morning Herald reported yesterday.
a team of international investigators But as the board has pointed out New answers drawing a little closer, he added. The RM10 million fund was set up
since the Boeing 777 went down many times, it will not assign blame Relatives of the victims, who in July Is there more than one guilty by Petroliam Nasional Bhd and the
last year, will release the report at nor say who pulled the trigger. marked the first anniversary of the party? The airlines and their flight deadline to accept the donation is
1115 GMT at the Gilze-Rijen air It is the purpose of the crimi- crash with an emotional gathering routes? So many questions remain. Thursday. Skinner told the Australi-
force base in southern Netherlands, nal investigation to answer those attended by over 2,000 people, said an paper that each family would only
AFP reported. [questions], it said. they believed the final report would Prosecution receive about A$10,000 (RM30,309)
All 298 people on board most at least answer some questions. Russia in July vetoed a bid at the from the fund set up about a year ago.
of them Dutch including 15 crew Blame game They will also for the first time UN Security Council to set up an Calling the offer the dirtiest thing
members died when the routine Kiev and the West, however, have be confronted with the harrowing international tribunal to try those I have ever seen, Skinner said fami-
flight between Amsterdam and pointed the finger at the separatists, sight of a partial reconstruction behind the downing of the aircraft. lies who accept the donation might
Kuala Lumpur was brought down, charging that they may have used of the doomed plane made from Countries involved in that bid be asked to repay MAS because of
possibly by a missile, during heavy a BUK surface-to-air missile sup- pieces of wreckage brought back are now looking at other means to an indemnity clause in which they
fighting between Ukrainian forces plied by Russia to blow the plane from the crash site. carry out a prosecution, although agreed to insure the airline against
and pro-Russian separatists. from the sky. The report will throw new light no suspects have yet been publicly further claims by others.
Tomorrows report 15 months The Russian maker of the BUK on the case as we know it at the identified. Instead of offering anybody any-
after the July 17, 2014 crash will missile said it, too, will hold a press moment, said Dennis Schouten, The Malaysian Insider quoted thing that approaches full damages,
focus on four subjects, the board conference in Moscow tomorrow chairman of the MH17 Air Disaster a media report as saying that an they are offering a year-and-a-half-old
said in a statement. to explain the real reasons for the Foundation. Australian lawyer had advised the donation and trying to take advantage
The cause of the crash, the is- disaster after holding an experi- Relatives understand that the victims families to reject any com- of the situation, he was quoted as
sue of flying over conflict areas, the ment that entailed detonating a criminal probe has not yet been pensation from MAS. saying. AFP/The Malaysian Insider
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
18 C O M M E N T

China calm over TPP isolation


As it pursues bilateral regional deals to maintain its global clout
BY REB ECC A DAV IS However, Chinese officials have hammer Chinese manufacturers Of the many free-trade agree- ticularly proactive in promoting
softened their stance towards the already struggling with slowing ments China has signed globally, regional economic integration, a

A
new US-led Pacif- pact after initially giving it a frosty growth in the worlds No 2 economy five are with TPP members in- long-term trend unlikely to be
ic trade pact that reception. by cutting off key export markets. cluding Australia and New Zealand altered by the signing of the TPP,
pointedly excludes Beijings commerce ministry Ma Jun, chief economist at the and as the largest economy in she added.
China could see it this week called it important and research institute of Chinas cen- Asia, it is the biggest trading part- Those who wish for deeper
lose influence and said China is open to any mech- tral bank warned in an article last ner of many others. free-market reforms in China hope
key export markets, anism that follows the rules of the week that the textiles, clothing and Beijing is also pursuing a rival that the pacts standards could drive
but observers say the web of bi- World Trade Organization and can electronics industries will miss out vision for trade the Regional domestic change, but officials are
lateral deals Beijing has forged is boost the economic integration of significantly. Comprehensive Economic Part- likely to drag their feet.
enough to maintain its global clout. the Asia-Pacific. And a study in 2014 by two US nership, a 16-nation agreement that If China wants to open up for-
The signing last week of the The remarks have prompted academics and a Chinese research- includes several TPP signatories. eign trade relations according to
Trans-Pacific Partnership (TPP) speculation that China could ac- er estimated Beijing could lose The impact of the TPP on China TPP standards, there would likely
brings together 12 nations that ac- tually apply to join, although most out on a potential US$1.6 trillion will not be a very painful one, Chun be some negative impact to the Chi-
count for about 40% of the global analysts consider that unlikely, cit- (RM6.608 trillion)) boost to its ex- said. China has its own theory for nese economy, said Jia Qingguo, a
economy and would mark the big- ing the high level of state control ports by 2025 by not signing up. the development of international professor at Peking University who
gest liberalisation of world trade in over the economy. China and the US would be the trade and commerce. is close to policymakers.
more than a decade. The deal comes just months af- countries expected to benefit the As well as the infrastructure They also say it will be tough for
And while all signatories cham- ter Washington and Tokyo were most from a widened TPP, they bank, President Xi Jinping has Beijing to meet standards on the
pioned the benefits it will bring and left isolated when most of their wrote. pledged to roll out a massive in- environment and workers rights
its importance in kick-starting slug- Western allies agreed to join Chi- Beijings exclusion obviously is vestment scheme across Asia, specified in the deal.
gish global growth, the agreement nas much-vaunted Asian infra- not conducive to promoting eco- known as One Belt, One Road, Labour union provisions
also provides a strategic bulwark structure bank, set up as a counter nomic cooperation between China as part of a drive to spread Chi- and Internet openness could be
to Chinas growing power both to the US-influenced World Bank and neighbouring countries, said nese influence. deal-breakers which rule out Chi-
economically and militarily. and International Monetary Fund. Chun Jiangyue, director of a think- A plan to make the yuan a more nese participation, said Graham
In heralding the agreement US At the same time Beijing contin- tank affiliated to Chinas foreign internationally traded currency is Webster, a researcher at Yale Law
President Barack Obama said: We ues to ramp up its military might, ministry. also slowly taking shape. School.
can not let countries like China slowly eating into Washingtons But Chinas response has been China has been progressively But he added: China designs
write the rules of the global econ- sphere of influence in the Pacif- measured, underlining what many building an extensive web of free- its global and regional develop-
omy. ic while it increasingly flexes its see as confidence in cementing its trade agreements, said Alice Ek- ment efforts to be compatible with
And Chinese state-media this muscles in territorial disputes with own economic deals in the Pacific. man, head China researcher at the Chinese interests ... TPP would
week labelled it a massive eco- Japan and South Korea, among We have nothing to be insecure French Institute of International do nothing to remove China from
nomic bloc accused of combating others. about, the state-run Global Times Relations. its central role in the Asia-Pacific
China. Some argue the deal could newspaper said this week. The country has been par- economy. AFP

Forget about the central bankers; build some roads instead


BY MA RK GI L B ERT environment was probably more everything will be more broken
important than monetary actions than it first appears, and that build-
IF the economists at Citigroup are in limiting the damage. ing will always take longer and be
correct, the world risks slumping Earlier this week, IMF chief more difficult.
into a global recession. So there is Christine Lagarde sang the praises US Senator Tom Carper, writ-
a lot of talk about the need for the of increased infrastructure invest- ing for Bloomberg View earlier this
Federal Reserve to resist the temp- ment as a fiscal reaction to slowing month, had this to say about US in-
tation to raise borrowing costs or economies: The research that we frastructure: Our roads, highways,
even introduce yet more quantita- have done most recently shows bridges and transit systems are
tive easing (QE). that it is a win-win option for an in terrible shape in many parts of
The European Central Bank and economy. the US, and they are getting worse.
the Bank of Japan are under sim- It is a winning option for the Our public works are in such a dire
ilar pressure to augment their QE short term because it is clearly state largely because our nations
programmes. going to support growth activity Highway Trust Fund, which helps
But if cutting interest rates when you build new roads, when pay for transportation systems, has
more than 600 times since Leh- you maintain existing infrastruc- been broken since 2008.
man Brothers went bankrupt in interest rates of less than 1%, while tivity growth was 2.7% from 1920 ture. You put people to work (to The UK government seems to
2008 has not worked, maybe central borrowing costs for two-thirds are to 1970, 1.6% from 1970 to 1994, increase) short-term activity, and have recognised the opportunity.
bankers dropping more money into below 3%. And yet the calls for more 2.3%from 1994 to 2004 during what it also improves medium to long- It has just created a new National
the economy from their helicopters central bank action are growing as we call the dot-com era, and just 1% term perspectives for growth. Infrastructure Commission that
is the wrong solution. Maybe the shown by the chart (above), com- from 2004 to the second quarter of Note that this is not about paying will advise the government on new
world needs less Milton Friedman piled by Bloomberg from more than 2015. So the productivity growth people to dig holes and fill them projects such as Crossrail 2, which
and more John Maynard Keynes. 100 media providers, showing ref- of the last 11 years was not only back in; instead, it is a call for those would run trains from London to
The minutes of the Feds most erences to the Fed doing more QE. slower than in the dot-com era, but countries that can afford to be a the southeast of the country, and
recent policy meeting published If free money has not cured what even slower than in the so-called bit more relaxed about spending a third high-speed rail link to con-
last Thursday show policymakers ails the economy so far, it is hard slowdown period beginning in the government money to recognise nect cities in the north of England.
decided that it was prudent to wait to see what more of the stuff can early 1970s. that with central banks now firing If a Conservative administration
for additional information confirm- do. And there is no use expecting So maybe just maybe it is blanks, investing in the future of one that is implacably opposed
ing that the economic outlook had robots and virtual reality glasses to time for government to step into infrastructure might make both to the concept of more government
not deteriorated. ride to the rescue, since it seems the breach with some kind of New short- and long-term sense. and has been at the vanguard of
Speaking at the International that new technology is not boost- Deal of the sort Keynes might have A few years ago, the chief exec- championing austerity can see
Monetary Funds (IMF) annual ing productivity. supported. utive officer of one of the worlds the benefits of easing its stance on
meeting last Friday, Bank of Eng- Northwestern University eco- Economist Paul Krugman made largest construction companies spending, maybe other countries
land governor Mark Carney said, nomics professor Robert Gordon (a a case last week that it was not cen- told me that when pricing for will also wake up to the need for
This is a pretty unforgiving en- self-confessed technopessimist) tral banks that prevented the cred- contracts in the US, his compa- fiscal policy to do its bit now that
vironment; everybody needs to says that, if anything, productivity it crisis from metastasising into a ny does not use the model built monetary policy seems to be ex-
recognise there is not going to be a improvements are dissipating be- full-blow Great Depression; it was for developed economies, which hausted. Bloomberg View
big surge of demand from abroad. cause the gadgets and software we the existence of big government, makes certain estimates about the
According to Andy Haldane, use are not really that different from with tax and spending a much big- logistics surrounding a project. In-
Carneys chief economist, some what was available a decade ago: ger part of the economy than in the stead, it reaches for the emerging Mark Gilbert is a Bloomberg View
40% of the world already enjoys For the total economy, produc- 1930s: I would argue that the fiscal market template, which assumes columnist.
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
F E AT U R E 1 9

Recapitalisation
of Greek banks
To avoid a haircut of uninsured depositors
BY HU GO DI XON The European ECB holders if it does what its credi-
tors demand.

G
re e c e i s ra c i n g rst has to nish its Banks will have to raise base-
against time to re- stress test to decide case capital in the form of com-
capitalise its banks. how much capital the mon equity. But they may be al-
Capital must be lowed to raise the slug of adverse
injected by year banks, whose balance scenario capital in some other
end, when euro- sheets have been hit form, such as preferred stock or
zone rules on financial bailouts by capital controls and contingent convertible bonds,
change. This is to avoid a haircut which would convert into equity
of uninsured depositors, which recession, require. if at some future date the banks
could cause the country to enter equity falls below a specified level.
a new downward spiral. An advantage of such instru-
To meet the deadline, lots of ments is that they wouldnt dilute
things need to fall into place. The fill in the details allowing the num- shareholders. The snag is that, if
European Central Bank (ECB) first ber-crunching to be finished by there were too much capital of this
has to finish its stress test to de- the end of this month. sort, the banks would struggle to Coelho (centre) attending an election campaign event in Braga, Portugal on
cide how much capital the banks, It looks plausible that 5 billion pay what would probably be hefty Sept 27. The prime ministers ruling coalition is now much smaller but for
whose balance sheets have been to 10 billion may be needed for annual coupons. now, at least, it looks like he will still be at the head of the government.
hit by capital controls and reces- the first slug of base-case capital, Another idea, advocated by Photo by Reuters
sion, require. and another 10 billion to 15 bil- Wilbur Ross, the billionaire US
The four systemically impor- lion for the second precautionary investor who owns shares in Euro-
tant banks Alpha, Eurobank,
National Bank of Greece and Pi-
chunk, giving 15 billion to 25
billion in total.
bank, is that the eurozone should
provide a contingent capital line Reform is working for
raeus then need to see if pri-
vate investors will take part. If
not, the recapitalisation will be
If the banks are unable to raise
all the capital themselves, the
European Unions (EU) state aid
to the banks. While it wouldnt ac-
tually invest the money, it would
stand ready to do so if needed.
post-election Portugal
funded entirely by a loan from the rules, which are policed by the Eu- The advantage of such a scheme
eurozone to Athens, an outcome ropean Commission, will require is that shareholders wouldnt be IF no good deed goes unpun- insufficient to make the debt
which would lead to almost to- their subordinated bondholders diluted and the banks would pay ished, then Portuguese Prime sustainable. More austerity,
tal nationalisation and probably to share the burden. They will be only a modest fee for the service. Minister Pedro Passos Coelho on the other hand, might be
the removal of the existing man- converted into equity, following But regulators dont seem to be got off lightly in Oct 4s elec- counterproductive even if it
agement. an independent valuation, in an treating the idea seriously pre- tions. After overseeing reforms were politically feasible.
Alexis Tsipras, Greeces recent- exercise coordinated by the Bank sumably because a promise to that kept the Portuguese econ- But the lefts call to shift the
ly re-elected prime minister, also of Greece, the countrys bank res- invest money in the future is not omy from getting worse, his rul- burden of fiscal adjustment on
needs to deliver on a wide array of olution authority. considered as good as putting in ing coalition is much smaller to business is plainly not the
commitments he has made to its The four banks have 750 mil- capital today. but for now, at least, it looks answer: This would hit invest-
eurozone partners. If he doesnt, lion of subordinated debt. Debt In an ideal world, the private like he will still be at the head ment and employment just as
they wont lend Athens up to 25 swapped into equity will cut the shareholders would not be wiped of the government. the economy is starting to get
billion (RM117.36 billion) to pop total amount of capital that needs out. But many of these investors Politicians in Greece (and back on its feet.
into the banks, as promised under to be found from other sources. are professionals who put their other economically struggling Coelhos government has in-
the countrys new bailout pro- It is doubtful that any bank can money into Greek banks knowing European nations) take note: stead put in place labour-mar-
gramme. avoid burden-sharing by subor- the risks. It is important to treat Voters will put up with painful ket reforms cutting overgen-
The ECB, which is responsible dinated debt holders. The bigger them and indeed the bond- economic reforms so long as the erous redundancy payments by
for supervising the banks, has al- question is whether 3 billion of holders fairly in accordance remedy seems to be working. more than half, for example,
ready performed an asset quality senior debt will also be convert- with the rules, but not bend over For the past four years, Por- and giving small employers
review of their loans. It has also ed into equity. The EUs state aid backwards to satisfy their wishes. tugal has been striving to hon- more flexibility in collective
specified the base-case scenario rules say it shouldnt be if a bank The top priority is to avoid de- our the terms of the 78 billion bargaining negotiations.
for assessing their balance sheets just needs public money for positors being forced to par- (RM366.17 billion) bailout it Tax reform, with an empha-
a decline in the economy of precautionary purposes. ticipate in the bailout by received in 2011 from the Inter- sis on simplification and cuts
2.3% this year and 1.3% next. However, the eu- sacrificing some of their national Monetary Fund (IMF) to corporate rates, is helping as
But the ECB has not deter- rozone finance min- savings. This means all and the European Union. Its well. These changes were need-
mined the banks pass mark isters, who met last those involved the efforts have made it a star re- ed to improve competitiveness
how much capital they will need Monday, are said to ECB, the eurozone former among Europes strug- and boost jobs. Voters seem to
to hold in the base case. In a stress be pushing for a con- ministers, the Euro- gling economies. have understood that they must
test last year, it required a com- version of the sen- pean Commission, Opposition parties in- be given time to work.
mon equity Tier 1 capital ratio of ior debt raising the Bank of Greece, cluding the Communists and Exports have increased.
8%. Some in the ECB are under- the possibility that the banks themselves the Left Bloc werent so im- Unemployment is down and
stood to be pushing for a higher Greece might face a and the Greek govern- pressed. Though the economy the economy is expanding.
10% ratio this time. slew of lawsuits from ment need to get has begun turning around, and Last year, the government an-
Nor has the supervisor revealed angry bond- cracking. Reuters the government recently said it nounced it was leaving the bail-
the economic forecasts or set the would ease back on austerity, out mechanism, regaining its
pass mark for a second adverse the left has called for debt re- access to capital markets.
scenario, which will determine structuring and a new approach Portuguese officials have
how much extra capital the banks to fiscal policy based on shifting always rejected comparisons
will need in case things turn out taxes on to business. with Greece, insisting that Por-
worse than expected. The ECBs Their message also resonat- tugal has done far more to re-
supervisory board, which met ed with austerity-weary voters: store its economy than Greece
last Thursday and Friday, may In an election that saw record was willing to. Theyre right
low levels of voter turnout, over but they must understand
half of the votes went to parties that their work is by no means
that had opposed austerity. finished. Voters have offered
Tsipras also needs to deliver on Granted, debt restructur- to be patient a little longer.
a wide array of commitments ing might yet be necessary. Their leaders should resolve
he has made to its eurozone The IMF has warned that the to justify that confidence.
partners. Photo by Reuters governments plans may be Bloomberg View
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
20 FO CU S MO

Bloomberg
Markets 50
most influential 10.
CO
He
mo
This year, for the first time, the help of nine industry Pay
wa
experts was enlisted to convene as the advisory board 01. Janet Yellen 02. Xi Jinping
CHAIR, US FEDERAL RESERVE (FED) PRESIDENT, CHINA
BY ROB ERT S D I ETERICH vened as the advisory board for our com- There is no conceivable scenario in which After a summer of market turmoil, the finan-
panion conference, the Bloomberg Markets its going to be easy, Alan Greenspan says cial world is waiting on Xi and his Communist

T
hey build companies and as- Most Influential Summit. The panel consists of Yellens task in guiding the Fed through Party colleagues to show they still have the right
semble fortunes. They run of Cliff Asness, co-founder, AQR Capital lift-off. touch to run the second-biggest economy.
banks, or hope to disrupt Management; Brad Burnham, managing
them. They shape economies partner, Union Square Ventures; Marty
and spread ideas. They man- Chavez, chief information officer, Goldman
age money and wield the clout Sachs; Roger Ferguson, chief executive of-
that goes with the billions of dollars they ficer (CEO), TIAA-CREF; Sonia Gardner,
invest. The 50 people in our fifth annual president, Avenue Capital Group; Alexan-
most influential ranking are a varied dra Lebenthal, CEO, Lebenthal Holdings;
group but have in common extraordinary Jeffrey Smith, CEO, Starboard Value; Paul
success in their chosen fields. Taubman, founding partner, PJT Partners;
In selecting our influential elite, we fa- and Jeffrey Ubben, founder, ValueAct Cap-
vour recent accomplishments over lifetime ital Management. 14.
achievements. Half the people here have Influence plays out in many ways. Our PR
never appeared on our list before. Tech ex- list this year includes the CEO who beat As
ecutives and entrepreneurs and the venture back an activist investors power grab, the inv
capitalists who fund them are ascendant African billionaire using his fortune to fight and
of late, and the list reflects that. China, for corruption, the economist who thinks eco- rop
better or worse, is vital to global markets, nomic models often dont match reality,
and we have a bigger Asia cohort than ever. the money manager who has been pub-
To build our list each year, we start with lishing market analysis since he was 18,
a much larger universe of candidates, com- and the chairman of the worlds largest
piled with the help of Bloomberg News re- bank by assets who will be paid less
porters and editors around the world. We than US$100,000 (RM413,000) this year.
also rely on the rankings, profiles, and cover Bloomberg Markets 03. Tim Cook 04. Larry Fink
stories we publish throughout the year in CEO, APPLE CO-FOUNDER, BLACKROCK
Bloomberg Markets. Then the magazines Since Cook took over from the famous His letter to CEOs in April on the short-ter-
editors winnow it down, making the hard The 50 most influential are spread across six founder in 2011, the companys market mist phenomenon pushed Finks views on
calls about whos in and whos out. different categories, namely bankers, cor- cap has doubled, profit has soared, cash activist investing to the fore, and his US$4.7
This year, for the first time, we enlisted porate power builders, money managers, has piled up, and Apples influence has trillion (RM19.4 trillion) under management
the help of nine industry experts, who con- tech builders, thinkers, and policy shapers. continued to accrue. demands that people pay heed.

18.
FO
His
wit
and
inc
sho

05. Warren Buett 06. Barack Obama 07. Carl Icahn


CEO, BERKSHIRE HATHAWAY PRESIDENT, THE UNITED STATES CHAIRMAN, ICAHN ENTERPRISES
Hes one of the worlds richest people and runs one of its Even as a lame duck, he has cut a deal with Iran that may open All it takes is a tweet from Icahn that he has sold his Netflix
most valuable companies without seeming to break a sweat. that nation to global business for the first time in a genera- stake (after he made at least US$1.6 billion in the stock) to
Buffett at 85 remains the investor everyone wants to emulate. tion, and hes pushing ahead on his climate change agenda. put the shares into a 2.7% intraday dive.

22
09. Angela Merkel FO
08. Lloyd Blankfein CHANCELLOR, GERMANY The
CEO, GOLDMAN SACHS Europe is a union with a lead- pra
With his firm extending its ership vacuum thats being sce
lead over key rivals, Blank- filled by Merkel, the powerful app
fein is at the top of his game. steward of the continents larg- Ch
Even with his recent revela- est economy. This was clear
tion that hes being treated during the Greek debt crisis,
for lymphoma, the CEO says and more recently, as she set
hell continue to run the in- the tenor of the debate about
vestment bank. immigrants and refugees. PA
M O N DAY OC TOB E R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
FO CU S 21

10. Reid Homan 11. Jamie Dimon 12. Abigail Johnson 13. Narendra Modi
CO-FOUNDER, LINKEDIN CEO, JPMORGAN CHASE CEO, FIDELITY INVESTMENTS PRIME MINISTER, INDIA
Hes helped build some of the tech worlds Analyst Mike Mayo at CLSA compares Di- She took over the family business a year ago. He won election in May 2014 by the wid-
most game-changing companies, including mon to LeBron James for his abilities on She also owns 24.5% of it, which is why shes est margin in 30 years, giving him a shot at
PayPal, LinkedIn, and Facebook, where he both offence (record profits in four of the worth some US$7.5 billion, according to the making some investment-friendly reforms
was an angel investor. past five years) and defence (guiding the Bloomberg Billionaires index. that have faced stubborn resistance in the
bank through US$36 billion in legal and worlds largest democracy. India might grow
regulatory payouts). faster than China this year.

an-
nist
ght
y.

14. Mario Draghi 15. Je Bezos 16. Ana Botn 17. Jorge Paulo Lemann
PRESIDENT, EUROPEAN CENTRAL BANK (ECB) FOUNDER, AMAZON.COM CHAIRMAN, BANCO SANTANDER CO-FOUNDER, 3G CAPITAL
As the Fed withdraws monetary support, With Amazon shares outperforming other Shes the fourth-generation Botn to run While avoiding the limelight, Brazils rich-
investors in Europe are counting on Draghi large US tech companies this year, Bezos Santander. The Madrid-based lender today has est man has done some of the biggest deals
and the ECB to step up with the stimulus Eu- has seen his fortune surge to some US$45 a greater market capitalisation than Deutsche ever in global food and beverage. His brands,
rope needs to keep a weak recovery going. billion (as of Sept 29), topping the Google Bank and Socit Gnrale combined. ranging from Stella Artois to Velveeta, are
and Facebook founders. well known even if his name is not.

er-
on
4.7
ent

18. Ray Dalio 19. Elizabeth Warren 20. Thomas Piketty 21. Jerey Gundlach
FOUNDER, BRIDGEWATER ASSOCIATES SENATOR, THE UNITED STATES PROFESSOR, PARIS SCHOOL OF ECONOMICS FOUNDER, DOUBLELINE CAPITAL
His hedge fund firm is the worlds biggest, She has a bully pulpit and bulldog tactics, He emerged in 2014 as the thought leader With ex-Pimco supremo Bill Gross handling
with US$169 billion under management, credentials as a Harvard Law professor and on income inequality, and this year entered just US$1.5 billion at Janus, Gundlach, whose
and all that money lends weight to his views, is creator of the Consumer Financial Protec- the debate over Greek debt when he said firm manages US$76 billion, gets to wear the
including the opinion that central banks tion Bureau. Taken together, it makes her in an interview with Die Zeit: Germany is bond king crown now.
shouldnt be tightening anytime soon. the go-to senator on banking regulation. the country that has never repaid its debts.

flix
) to

22. Fan Bao 23. Tidjane Thiam 24. Ruth Porat 25. Elon Musk
FOUNDER, CHINA RENAISSANCE CEO, CREDIT SUISSE GROUP CHIEF FINANCIAL OFFICER, GOOGLE FOUNDER, TESLA MOTORS
The fast-talking Bao has the guanxi to arrange Thiams success as CEO of Prudential in the Porat decamped for Silicon Valley after more With his electric cars and rockets, Musk
ad- practically anything in Chinas vibrant tech United Kingdom earned him the top job at than 25 years at Wall Street, where she had might as well wear a superhero costume.
ing scene, such as the US$6 billion merger of taxi Zurich-based Credit Suisse, and he arrived become one of the most powerful women in And when he appeared on the Late Show
rful app giants Didi Dache and Kuaidi Dache, promising to be ruthlessly selective as he the financial industry. Investors in Google With Stephen Colbert in September, the host
arg- Chinas biggest Internet M&A deal of 2015. prioritises wealth management over invest- quickly took notice of her arrival. joked that he has supervillain tendencies.
ear ment banking. Musk had just said that Mars might be made
sis, more habitable by firing off thermonuclear
set weapons over the planets poles.
out
PA RT T W O C O N T I N U E S TO M O R R O W
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
22 H O M E B U S I N E S S

WEEK
IN FOCUS
Photos by Suhaimi Yusuf,
Chu Juck Seng & Shahrin Yahya

1 Mercedes-Benz Malaysia Sdn Bhd


president and chief executive of-
ficer Dr Claus Weidner (left) and
vice-president for sales and mar-
keting Mark Raine at the com-
panys third quarter 2015 results
briefing in Kuala Lumpur on Oct 8.

1 2 2 (From left) Bursa Malaysia Bhd


chief executive officer Datuk Ta-
juddin Atan, chairman Tan Sri
Amirsham Abdul Aziz and Min-
ister in the Prime Ministers De-
partment Datuk Seri Abdul Wahid
Omar during the launch of Bursa
Malaysias Sustainability Sympo-
sium in Kuala Lumpur on Oct 8.

3 (From left) DRB-Hicom Bhd chief


operating officer (automotive dis-
tribution and manufacturing) Da-
tuk Radzaif Mohamed, CTRM
Aero Composites Sdn Bhd group
chief operating officer Che Akma
Ismail, Deputy Minister of Inter-
national Trade and Industry Da-
tuk Ahmad Maslan, DRB-Hicom
managing director Tan Sri Mohd
Khamil Jamil and UTC Aerospace
Systems president (aerostructure)
Marc Duvall at a signing ceremo-
ny between DRB-Hicom and UTC
Aerospace Systems in Shah Alam
on Oct 7.

4 CIMB Group Holdings Bhd group


chief executive officer Tengku
Datuk Zafrul Tengku Abdul Aziz
(left) sharing a firm handshake
TAIWANS 104TH ANNIVERSARY ... Seen at Taiwans 104th Double Tenth National Day celebrations in Kuala Lumpur on Oct 8 is the Taipei Economic and with Startupbootcamp FinTech
Cultural Oce in Malaysia representative James Chang Chi-ping (sixth from left) and his wife Madame Margaret Mao Hung-Ching (seventh from left) with (from extreme left) co-founder and global chief op-
Malaysia Taiwan Trade and Friendship Association president Datuk Seri Tang Ying Lik, Overseas Chinese Aairs Council advisory commissioner Tan Sri Ng Teck Fang, Taiwan erating officer Marcus Gnirck to
Investors Association in Malaysia national president Datuk Chiang Wen Chou, World Taiwanese Chambers of Commerce commissioner of Overseas Chinese Aairs Council mark the banking groups new
honorary chairman Datuk Lee Fang Hsin and the Prime Ministers Special Envoy to East Asia Datuk Seri Tiong King Sing. The others are (eighth from left onwards) Taiwan Investors partnership with Startupboot-
Association in Malaysia, Commissioner of Overseas Chinese Aairs Council national president Hsu Cheng Te, Country Heights Holdings Bhd founder and adviser Tan Sri Lee Kim camp in Singapore on Oct10.
Yew, Overseas Chinese Aairs Council commissioner Chen Fu Chun, Federation of Alumni Associations of Tawanese Universities Malaysia president Datuk Lee Ser Chong, United
Chinese School Committees Association of Malaysia chairman Temenggong Lau Lee Ming and Malaysia Tourism Promotion Board chairman Wee Choo Keong. Photo by Sam Fong
5 Kenanga Investment Bank Bhd
inked a strategic cooperation
agreement with Chinas Yue Xiu
Securities Holdings Ltd in Kuala
Lumpur on Oct 9. (From left) are
Kenanga Investment Bank exec-
utive director and head of equi-
ty broking Lee Kok Khee, K&N
Kenanga Holdings Bhd senior ex-
ecutive director Datuk Bruce Kho,
Kenanga Investors Bhd executive
director and chief executive officer
Ismitz Matthew De Alwis, K&N
Kenanga Holdings group man-
aging director Datuk Chay Wai
Leong, Yue Xiu Securities Hold-
ings deputy general manager and
director Eric Chen Xiaojian, Yue
Xiu Securities Co Ltd general man-
3 4 ager and director Charles Li Kwok
Chiu, Yue Xiu Asset Management
Ltd general manager and chief
investment officer Alfred Wong
Teck Chit and Yue Xiu Securities
Holdings senior manager (strategic
department) Xing Chuan

6 (From left) Malayan Banking


Bhd (Maybank) chairman Tan Sri
Megat Zaharuddin Megat Mohd
Nor presenting a token of appreci-
ation to Central Bank of Myanmar
deputy governor U Set Aung, with
Bank Negara Malaysia deputy
governor Datuk Muhammad Ibra-
him and Maybank International
chief executive officer Pollie Sim
5 6 looking on in Yangon on Oct 2.
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
W O R L D B U S I N E S S 23

Dell said to offer EMC US$33 a share IN BRIEF

Electricity rm CEOs
BY D I N A B A SS & B RIAN W OM ACK at about US$8 a share that would much closer to what EMC share- private for about US$25 billion in urge clear policies
be issued to EMC shareholders, holders were hoping for, said 2013, will use the combination for low-carbon shift
NEW YORK: Dell Inc is offering said the person, who asked not Daniel Ives, an analyst at FBR Cap- to expand its product line-up in OSLO: Heads of 11 compa-
about US$33 (RM136) a share to to be identified discussing pri- ital Markets & Co. This would be high-end data storage equipment nies that generate a third of
acquire EMC Corp, a person with vate matters. A deal may be an- viewed as a solid way to end a bad and seek to lure customers away the worlds electricity urged
knowledge of the matter said, in nounced as soon as today, the situation after years of struggles. from Hewlett-Packard Co and oth- governments yesterday to agree
a deal that would create a cor- person said. Dell is speaking to A deal would bring together er rivals. VMware, which makes clear, long-term policies to un-
porate-computing colossus and banks about raising at least US$40 the largest storage maker and the tools that help servers run soft- derpin a shift to lower-carbon
help both companies cope with billion to finance the purchase, No 2 server company as the in- ware more efficiently, is valued at energy as part of a United Na-
a demand slowdown. a person with knowledge of the dustry undergoes rapid change us$32.3 billion, while EMC has a tions agreement on climate
The proposal includes track- matter has said. with the shift to mobile and cloud market capitalisation of US$53.6 change due in December. They
ing stock in VMware Inc valued This is a very good offer and computing. Dell, which was taken billion. Bloomberg also issued a report about how
new technologies can both
raise electricity supplies and
limit greenhouse gases. These
Draghi: ECBs
Ferrari to be valued at
included more-efficient solar
power, sea-based floating wind
bond-buying turbines and methods to cap-
ture emissions from coal-fired
plan working
up to US$9.82b in IPO
power plants. Reuters
better than Citigroups Morse says
expected commodity drop
hasnt hit bottom
NEW YORK: Ed Morse, Cit-
BY A L ESSA N D RO S P ECIALE igroup Incs global head of
& NI KOS C H RYSOLOR AS commodities research, said
To raise funding to finance a 48b investment programme the worst slump in commod-
FRANKFURT: Mario Draghi said ity prices in a generation isnt
the European Central Banks over. I think we are not at the
quantitative easing (QE) pro- BY TOM M ASO E BHARDT bottom because we are still
gramme is working better than seeing consistent cost defla-
expected, even though the insti- NEW YORK: Ferrari will be valued at tion, Morse said on Saturday
tution will take longer than in- as much as US$9.82 billion (RM40.6 at a meeting of the Institute
tended to reach its inflation goal. billion) in an initial public offering of International Finance in
We are satisfied with QE, as (IPO) when owner Fiat Chrysler Lima, Peru. The Bloomberg
it has met and even surpassed Automobiles NV sells a 9% stake in Commodity Index on Sept 30
our initial expectations, the the Italian supercar manufacturer. capped its worst quarterly loss
ECB president said in an inter- The sale will consist of 17.2 mil- since the depths of the reces-
view with Greeces Kathimerini lion shares of Dutch holding com- sion in 2008. The economy in
published on Saturday. While pany Ferrari NV at US$48 to US$52 China, the biggest consumer
it presently appears that it will each, according to a filing last Fri- of grains, energy and metals, is
take somewhat longer than pre- day with the US Securities and Ex- expanding at the slowest pace
viously anticipated for inflation change Commission. The shares in two decades just as produc-
to come back to, and stabilise will trade on the New York Stock ers struggle to ease surpluses.
around, levels that we consider Exchange under the symbol RACE. Bloomberg
sufficiently close to 2%, that is The IPO and eventual full spin-
largely because of a drop in oil off of Ferrari are part of Fiat Chrys- Tegna blacks out Dish
prices, he said. ler chief executive officer Sergio customers in 38 markets
Draghi cited lower borrow- Marchionnes effort to raise fund- amid rate dispute
ing costs, rising credit volumes ing to cut the parent companys NEW YORK: Tegna Inc, which
and better access to loans for debt and help finance a 48 billion operates television stations and
small businesses as signs that (RM225 billion) investment pro- consumer websites, blacked
QE is having a positive effect. gramme that focuses on expanding out Dish Network Corp cus-
Even so, with the inflation rate the Jeep, Alfa Romeo and Maserati tomers access to local chan-
below zero for the first time nameplates globally. nels in 38 markets across the
since March, and an emerg- As part of its separation from A Ferrari sport car in front of Ferraris factory in Maranello, Italy, on Oct 9. The Italian United States as the companies
ing-market slowdown posing Fiat, Ferrari will take on 2.8 bil- luxury carmaker expects its US initial public oering to be priced in a range of between negotiate a new contract. Dish
risks, he has said the ECB is lion in debt from the company, US$48 and US$52 per share. Photo by Reuters said it has offered an exten-
ready to expand its asset-pur- the filing shows, and subsequently sion to the current contract that
chase programme if needed. issue a projected 2.128 billion in would leave the programming
Economists and investors are debt to third parties. Including that than an auto manufacturer. concerned by the Volkswagen AG on and include a provision for
speculating whether the ECB will debt, Ferrari will have an enterprise Chairman Piero Ferrari, the son diesel-emissions testing scandal new rates to be applied retro-
take steps to boost its 1.1 trillion value of about US$12 billion. That of the founder Enzo Ferrari, gets that has hurt mass-market auto- actively. The company accused
(RM5.2 trillion) bond-buying would be in line with the minimum a cash payment of 280 million maker stocks, people familiar with Tegna of using the blackout
plan. The central bank holds its US$11.4 billion that Marchionne, as part of the transaction. He will the matter said late last month. to gain leverage so it can win
next monetary policy meeting whos also the divisions chairman, keep a 10% stake after the separa- Initial requests for Ferrari shares above-market rate increases.
on Oct 22 in Malta. has estimated is appropriate for a tion of Ferrari. may exceed the amount available Bloomberg
Draghi also said Greece brand he contends should be treat- The stock sale is set to be over- by more than 10 times, one of the
needs both an element of ed more like a luxury-goods maker subscribed as investors remain un- people said. Bloomberg Under Armour,
debt relief and a decisive Wisconsin sign US$100m
implementation of the terms apparel deal
of its bailout programme. He MADISON: Under Armour Inc
said the country has a good
chance of returning to growth
Rates should not be raised to discourage EM risks signed a 10-year deal worth
more than US$100 million
again in 2016, and reiterated (RM413 million) to become
that the crisis which brought LONDON: Calls for central banks in The risk inherent in this build- Investors have piled into high- the University of Wisconsins
the country to the brink of exit advanced economies to raise interest up of leverage [in emerging markets] er-yielding emerging market assets official outfitter. Under the
from the euro area highlighted rates to discourage investors build- has motivated calls for a normalisa- in recent years, as they sought high- terms of the deal, Under Ar-
the weakness of the currency ing up leverage in emerging market tion of advanced economy monetary er returns against the backdrop of mour will provide the Badgers
unions current institutional (EM) assets could be misguided, a policy sooner rather than later, said record low interest rates in major with US$96 million in cash and
framework. deputy governor of the Bank of Eng- Minouche Shafik, who was a deputy economies. apparel, the university said in
The central bank should land (BoE) said on Saturday. managing director at the IMF before There are concerns that when a statement last Friday on its
just do the work of a central Speaking at a panel at the In- joining the BoE last year. major central banks begin raising athletics website. The compa-
bank, i.e. maintain price sta- ternational Monetary Fund (IMF) But tightening advanced econ- borrowing costs, capital may flee ny will also guarantee US$4.5
bility over the medium term, conference in Lima, she said it was omy monetary policy solely to dis- emerging markets which are already million in licensing royalties.
and should not be called upon preferable to use macroprudential courage further borrowing could struggling amid concerns about a Wisconsins current contract
to take such decisions, he said. tools rather than monetary policy make the job of getting inflation Chinese economic slowdown. with Adidas AG expires June 1.
Bloomberg when targeting global financial risks. back to target more difficult. Reuters Bloomberg
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
24 W O R L D B U S I N E S S

Philippine firms on IN BRIEF

New resort planned on


island o Singapore

global shopping spree


SINGAPORE: Malaysian devel-
oper Landmarks Bhd is planning
to build a 338ha resort on Bin-
tan, a weekend getaway island
in the Indonesian archipelago
off Singapore, adding to a po-
tential oversupply of hotels as
visitor numbers and room rates
The pace of acquisitions has startled local and foreign investors, expert say decline, The Straits Times report-
ed. Landmarks has spent about
US$250 million (RM1.03 billion)
BY JOEL GU I N TO quisitions around the world and in firm Monde Nissin Corp said last which specialises in cheap brandy to buy the land and added an-
many sectors. month it was buying British meat at home, is looking to spend more other US$50 million for develop-
MANILA: Philippine firms are on It has not happened in this rapid substitute manufacturer Quorn for than US$1 billion on diversifying ment costs for the first phase of
an unprecedented global shop- succession. Its like a colonial men- 550 million (RM3.48 billion). in Europe. the project, C K Fong, chief op-
ping spree, spending billions on tality in reverse, said Luis Limlin- In the last two years, the private In May, the company said it erating officer of the developer,
everything from vineyards to food gan, research head at Manila stock company also snapped up popular would bid to acquire French co- said in an interview in Singapore.
manufacturers and casinos, reflect- brokerage Regina Capital Devel- fruit juice brand Nudie and chilled gnac maker Louis Royer SAS. Treasure Bay Bintan will even-
ing the nations recent economic opement Corp. dips manufacturer Black Swan There has been no resolution in tually account for about 80% of
rise. The pace of the acquisitions has Manufacturing Co, both from Aus- that attempt yet but last year it paid Landmarks revenue, Fong said.
A combination of strong domes- startled both local and foreign in- tralia, for undisclosed amounts. 430 million for Scottish whisky The developer owns a resort in
tic growth, bargain prices in retreat- vestors, according to BDO Unibank Monde Nissin is owned by Betty maker Whyte and Mackay. Langkawi, Malaysia, and a mi-
ing economies abroad and rock-bot- Inc chief market strategist Jonathan Ang, who started her company 30 Emperador also spent 60 million nority stake in the Eastern & Ori-
tom borrowing rates have fuelled the Ravelas. years ago and is now the nations last year for half of Spanish brandy ental Express luxury train.
acquisitions, analysts said. Filipino companies are moving 19th richest person with a net worth producer Bodega Las Copas SL.
The Southeast Asian nation has into the global space and its not of US$900 million (RM3.72 billion), Filipino firms are leveraging ECB governor urges
for years exported shopping malls limited to just one sector. The op- according to Forbes. their earnings from a robust local Greece to stick to bailout
and junk food to the region, but portunities abound, he said. Meanwhile, Emperador, a com- economy to snap up bargains in ATHENS: European Central
cashed-up Filipino firms have di- In one of the most recent big-tick- pany controlled by the Philippines countries where growth has slowed, Bank (ECB) governor Mario
versified in recent years with ac- et acquisitions, local instant noodle fourth richest man, Andrew Tan, and analysts said. AFP Draghi urged Greece on Satur-
day to stick to its latest bailout to
pave the way for bank recapital-
isation and talks on debt relief.
China plan seen
dealing setback
Japan-backed fund considering In an interview with yesterdays
edition of Kathimerini news-
paper, Draghi said the second
to online taxi-
hailing services
investing in Sharp source tranche of funds set aside for
Greek banks recapitalisation,
worth 15 billion (RM70.41 bil-
lion), would be disbursed after
BY R EIJI MU RAI wanted to be involved in Sharps Taiwanese firm is still interested in the first review by lenders and no
BEIJING: China has drafted a liquid crystal display (LCD) busi- buying all or part of the LCD unit, later than Nov 15. Greek Prime
plan to ban the use of private TOKYO: A Japanese govern- ness. according to sources and Japanese Minister Alexis Tsipras has said
cars in online taxi-hailing ment-backed fund is consider- The source, who did not want media reports. Hon Hai has not he hopes the first review, ex-
services, potentially dealing ing a range of options to help turn to be named because the matter commented on the reports. pected to begin at the end of
a setback to Didi Kuaidi and around Sharp Corp including a was private, said INCJ was also Nikkei business daily earlier on the month, will be completed
rival Uber in their effort to direct investment, a person fa- looking at a possible joint invest- Saturday reported INCJ was con- by mid-November. Reuters
expand in the worlds most miliar with the matter said. ment with Taiwans Hon Hai Pre- sidering a direct investment, as
populous nation. A direct investment would cision Industry Co in Sharp. well as a merger between Sharps Indonesia minister calls
Operators will need to mark a shift in thinking at the While talks about a possible LCD unit and a venture that it for TPP membership
obtain licence from trans- Innovation Network Corp of Ja- tie-up between Hon Hai and owned with Japan Display Inc. JAKARTA: Indonesias trade
port authorities to provide pan (INCJ), which previously only Sharp fell through in 2012, the Reuters minister last Friday appealed
online ride-booking service for widespread support for the
as well as local offices and governments belated bid to join
China-based servers, under the US-led Trans-Pacific Part-
proposed rules by the trans-
port ministry.
Opecs decision on output target complicated nership (TPP) within two years.
Tom Lembong said firms would
The cars being used continue to invest in Southeast
should be GPS-enabled BY ALEX LAWLE R Asias largest economy as long
registered taxis and drivers as there is certainty that it would
need to pass qualification LONDON: The Organization of the eventually be part of the TPP free
tests, according to the draft Petroleum Exporting Countries trade agreement and conclude a
posted on Saturday on the (Opec) policy meeting in December similar pact with the European
ministrys website seeking will welcome Indonesias return as Union. If the government can
public comment. The plan a member, complicating a decision give that, in two to three years
challenges the companies by the producer group on whether we would have TPP and the Eu-
current business model of to change its oil output target. ropean [agreement], they will
signing up owners of private After refusing to cut output last keep on investing in Indonesia,
cars and matching them with year, Opec has been pumping much he said. Reuters
riders. more than its target of 30 million
If it takes effect, itll be a barrels per day (bpd) because of Noble Group receives
devastating blow to the in- near-record Saudi Arabian and Ira- share price boost
dustry, said Zhang Xu, a Bei- qi production, and smaller increas- SINGAPORE: Noble Group Ltds
jing-based analyst at market es elsewhere in the group. share price rose more than 16%
research firm Analysys Inter- Indonesias return to Opec will last Friday, after it signalled that
national Ltd. expand the groups members to 13 it was changing its business fo-
China is considering reg- and add about 900,000 bpd to Opecs The state-owned Pertamina oshore oil and gas production rig Mike-Mike o the coast cus. The share price was also
ulations that would force output. That will push Opec produc- of West Java, Indonesia. Indonesias return to Opec will expand the groups members to 13 boosted by a wave of optimism
ride-booking apps such as tion to almost 32.5 million bpd and and add about 900,000 bpd to Opecs output. Photo by Reuters that the commodity slump could
Didi Kuaidi, the top car-hail- in theory calls for the target to be in- be reaching the bottom, said
ing company in the nation, creased, according to some analysts. a barrel, not far above a six-year opens up too many issues. analysts. Analysts told The Straits
and Uber to use commercial- The matter, though, is contro- low, hurting members oil revenue. Indonesia will be Opecs fourth Times that the firm could be
ly registered cars and drivers, versial for Opec as raising its target I would be concerned that if smallest producer. The Southeast altering its business strategy
and would let city govern- has been bearish for prices in the you change the Opec ceiling it Asian country pumped 910,000 in line with its promise
ments limit permits for those past and the issue could resurrect would open the door to the whole bpd in August and the 12 cur- to deliver immediate
services, people familiar with the thorny topic of countries in- debate about quotas, said an rent Opec members 31.57 million results, a move that like-
the plan said last month. dividual output quotas. Crude is Opec watcher who declined to bpd, according to the International ly boosted investor
Bloomberg trading just above US$53 (RM219) be identified. Raising the ceiling Energy Agency. Reuters confidence.
M O N DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
W O R L D 25

Taliban car bomb targets Nato convoy IN BRIEF

North Korea says its


BY MUSHTAQ MOJADDIDI as the Taliban ramp up attacks on The target of the attacker was A Nato spokesman in Kabul con- ready for war with US
government and foreign targets. the foreign forces convoy. firmed that their convoy came un- as it marks anniversary
KABUL : A Taliban suicide car The intensity of the blast sent an Security forces cordoned off the der attack but said the international PYONGYANG: North Korea
bomber struck a Nato convoy in armoured vehicle crashing into a area as ambulances rushed to the coalition was still gathering further marked the 70th anniversary
central Kabul yesterday, triggering sidewalk, its front end badly man- scene, but officials said the human information. of its ruling Workers Party on
a powerful explosion less than two gled, and left the area littered with toll of the blast was limited. The Taliban were behind the Saturday with a massive mili-
weeks after the resurgent militant charred pieces of twisted metal. The ministry of interior con- bombing, the groups spokesman tary parade overseen by lead-
group overran a key northern Af- The incident took place while demns in the strongest terms the Zabihullah Mujahid told AFP. er Kim Jong Un, who said his
ghan city. a suicide car bomber detonated an suicide attack which resulted in the A convoy of foreign forces came country was ready to fight any
The rush-hour bombing, which explosive-packed car in the Joy Shir wounding of three civilians, the under martyrdom attack by our mu- war waged by the United States.
sent a plume of smoke into the area... of Kabul city, the interior ministry said, a toll that was con- jahideen in Joy Shir area of Kabul Thousands of troops stood at
sky, injured at least three civilians ministry said. firmed by the Kabul police. city, he said. AFP attention in Pyongyangs main
Kim Il Sung Square, named
after Kim Jong Uns grandfa-
ther and the founder of the
Republicans
Turkey mourns
nation, as Jong Un, appearing
relaxed and confident, made
have gone o his speech, leaning heavily on
the lectern. The young leader
the deep end was accompanied by senior

95 dead in twin
Chinese Communist Party of-
LOS ANGELES: President Ba- ficial Liu Yunshan, with whom
rack Obama said on Saturday he was seen speaking through-
that the Republican Party has out the event and occasionally
gone off the deep end with sharing laughs, and flanked

Ankara blasts
its messy failure to elect a new by senior North Korean party
speaker of the House of Rep- and military officials. The par-
resentatives. tys revolutionary armament
The Republican-controlled means we are ready to fight
House was left in shock and any kind of war waged by the
disarray this week when Kevin US imperialists, Kim said in a
McCarthy, the frontrunner to speech strikingly more force-
replace John Boehner, who ful than previous public com-
has announced his resigna- Attack at rally of leftist and pro-Kurdish activists wounded 246 ments. Reuters
tion, suddenly withdrew from
the race because of a revolt by EU must stop racist
conservatives. BY F ULYA OZERK AN criteria in refugee
The challenge now is to find & BUR AK AKIN C I relocation Greece
a consensus candidate who ATHENS: The European Union
can soothe wounds and unite ANKARA: Turkey woke in mourning must stop countries picking
a fractious caucus. yesterday after at least 95 people and choosing which refugees
Obama addressed the dra- were killed by suspected suicide they accept in its relocation
ma at an expensive fundraiser bombers at a peace rally of leftist programme, otherwise it will
at a private home in Los Ange- and pro-Kurdish activists in Anka- turn into a shameful human
les. He was there after visiting ra, the deadliest such attack in the market, Greeces new mi-
Oregon last Friday to try to countrys recent history. gration minister said. Some
console relatives of the nine The twin blasts, near Ankaras countries, such as Slovakia and
people killed by a shooter at main train station, ratcheted up Cyprus, have expressed a pref-
a community college. tensions ahead of Turkeys Nov 1 erence for Christian refugees
Obama described himself snap elections which were already and Hungary has said the in-
as not intrinsically partisan soaring as the government wages flux of large numbers of Muslim
and said some members of an offensive on Kurdish militants. migrants threatens Europes
his party have faulted him for Bodies of slain demonstrators Christian values. Reuters
not being partisan enough. were seen strewn across the ground
But I will tell you at this after the explosions, with the ban- Nepals parliament to
moment in history, the choic- ners they had been holding for the choose new prime
es are stark. And facts, evi- Work, Peace and Democracy minister
dence and values are on our march lying next to them. KATHMANDU: Nepals par-
side. And the other side has The attack also left 246 wound- liament yesterday was set to
gone off the deep end, Oba- ed, 48 of whom are in intensive bombings but that groups includ- Nato member, EU foreign policy choose a new prime minister
ma said. care, according to an updated toll ing Islamic State jihadists, the Kurd- chief Federica Mogherini urged tasked with unifying the quake-
Obama added: And what announced by Prime Minister Ah- istan Workers Party (PKK) and the Turkey to stand united against hit country after the adoption
youre witnessing in the House met Davutoglus office. far-left Revolutionary Peoples Lib- terrorists. of a new constitution triggered
fight right now is that even Turkish police fired into the air eration PartyFront were capable of In Istanbul, some 10,000 people deadly protests and a border
deeply conservative folks are to disperse demonstrators angered carrying out such an attack. marched down the main central blockade. KP Sharma Oli of
not considered ideologically by the deaths of their fellow activ- The death toll surpassed that avenue to denounce the attacks. the Communist Party of Nepal
pure enough and we would ists at the anti-government peace of the May 2013 twin bombings in Thousands also took to the (Unified Marxist Leninist) is
rather burn the House down rally, an AFP correspondent at the Reyhanli on the Syrian border that streets in solidarity in Paris, Stras- favoured for the top job over
than admit the possibility of scene reported. killed over 50 people. bourg and Marseille in France, as Sushil Koirala, who stepped
democratic process that re- Davutoglu said no one had With international concern well as in Zurich in Switzerland. down as premier as required
quires compromise. AFP claimed responsibility for the growing over instability in the key AFP by the constitution adopted
on Sept 24. AFP
Turkey to go ahead with
Nov 1 election ocial
Pentagon says US to pay Kunduz air strike victims families ANKARA: Turkey will hold a
parliamentary election on Nov
1 as planned despite the bomb-
WASHINGTON: The US Depart- dress the consequences of the toward repair of the hospital. ing for an international commis- ing of a rally of pro-Kurdish and
ment of Defense will seek to tragic incident at the Doctors USFOR-A will work with those sion to investigate what it calls a labour activists which killed at
make condolence payments Without Borders hospital in affected to determine appropri- war crime. Among those killed least 95 people in the capital
to families of victims of a US Kunduz, Afghanistan, spokes- ate payments. If necessary and were 12 MSF staff. Ankara, a senior government
air strike that mistakenly hit a man Peter Cook said in a state- appropriate, the administration Last Tuesday, Defense Sec- official told Reuters yesterday.
Medecins Sans Frontieres (MSF) ment, adding the US would also will seek additional authority retary Ash Carter said the US Postponing the elections as a
hospital in Kunduz, Afghanistan, pay to repair the charity hos- from the Congress, he said. military deeply regretted the result of the attack is not on the
killing 22 people, the Pentagon pital. President Barack Obama last loss of life and was acknowledg- table at all, even as an option.
said on Saturday. US Forces-Afghanistan has Wednesday apologised to MSF ing its mistake and working to The elections will be held on
The Department of Defense the authority to make condo- for the bombing of its hospital. understand what went wrong. Nov 1 as planned, the official
believes it is important to ad- lence payments and payments The medical charity is press- Reuters said. Reuters
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
26 WORLD

Syria regime advances IN BRIEF

Reports given to
prosecutors nd shooting

with Russian air support


of Rice reasonable
CLEVELAND: Two outside ex-
perts have concluded a Cleve-
land police officers fatal shoot-
ing of a 12-year-old boy, who
was carrying a toy gun, was a
reasonable response to a per-
ceived threat, according to re-
Pentagon to have more talks with Moscow, aimed at preventing military mistakes ports released by an Ohio pros-
ecutors office on Saturday. The
independent conclusions sub-
BY SA RA H U SSEIN fighting reported as they sought to mitted to the Cuyahoga County
push north-west and take a neigh- prosecutors office come ahead
BEIRUT: Syrian forces made advances bouring hilltop. They appeared to be of an expected decision by a
against rebels in Hama and Latakia targeting the town of Khan Sheikhun, grand jury on whether crimi-
provinces on Saturday as the United just across the provincial border in nal charges are warranted in
States and Russia declared progress Idlib on a highway connecting Aleppo the November 2014 shooting of
in talks designed to avoid accidents in and Damascus. Tamir Rice, which was captured
war-torn Syrias increasingly crowd- The road is cut by rebels in several on surveillance video. Cuyahoga
ed air space. places north of Khan Sheikhun, and County prosecutor Timothy
The Pentagon said more talks with a military source said they had taken McGinty said in a statement
Moscow were planned after positive the Sukayk hills overlooking the road. his office was not reaching any
discussions on Saturday aimed at Hama province has been a key target conclusions based on the re-
preventing military mistakes, a de- for Russian air strikes that began on ports, but an attorney for Rices
cision confirmed by the Russian de- Sept 30, along with parts of the neigh- family criticised the reports as a
fence ministry, which described ne- bouring provinces of Latakia and Idlib. whitewash. Reuters
gotiations so far as professional and Russias strikes appear intend-
constructive. Western governments ed to prevent any advance by the Myanmar opposition says
claim the vast majority of Russian Army of Conquest alliance, which blocked from campaigning
strikes have targeted rebel groups includes al-Nusra that holds Idlib YANGON: Opposition candi-
other than the Islamic State (IS) and has sought to push into Hama dates for one of Myanmars
the focus of their own air campaign and Latakia. The observatory said smallest constituencies are being
in an attempt to defend President there was heavy fighting in north and blocked from visiting the remote
Bashar al-Assads rule. north-western Latakia, and that gov- island chain, a party spokesman
In Hama, with Russian air support ernment forces were advancing. said yesterday, just weeks ahead
and that of militias on the ground, In Moscow, Russias defence min- of elections billed as the coun-
regime forces captured several areas. istry said its forces had hit 55 IS targets than the jihadist group.The US-led week after Moscow failed to quickly trys freest in decades. Aung San
Assads troops seized Atshun village in the past 24 hours. Rebels and their coalition said it carried out five strikes answer proposals made during pre- Suu Kyis opposition National
from opposition fighters, including backers said Hama, Idlib and Latakia against the IS in Syria and another vious talks, even as Russia launched League for Democracy (NLD)
al-Qaeda affiliate al-Nusra Front, state had little or no IS presence, and ac- 20 in Iraq, but the Russian air cam- cruise missiles from the Caspian Sea party said it had repeatedly tried
television and the Syrian Observato- cused Russia of targeting moderate paign had complicated its efforts. and repeatedly violated Turkish air to secure passage to the Coco Is-
ry for Human Rights said, with heavy and Islamist opposition fighters more Washington expressed alarm this space. AFP lands in the Andaman Sea, rais-
ing concerns that the authorities
are trying to prevent the party
from making gains in the Nov 8
Two more
Japanese
Israeli air strike, bomb attack polls. Weve been trying to go
there for more than a month
since September but we have
not been granted approval, the
detained for BY SAKHER ABO U E L O U N Israeli fire. in Gaza, Ismail Haniya, called the NLDs spokesman Win Htein
spying in China GAZA CITY: An Israeli air strike in
Overnight, Israel said it targeted
two Hamas weapon manufactur-
overall violence an intifada and
urged further unrest.
told AFP. AFP

Gaza killed a pregnant woman and ing facilities after Gaza militants In yesterdays bomb blast near Russia accused over use of
TOKYO: Two more Japanese her toddler, as a Palestinian wom- fired two rockets and following at- Jerusalem, a policeman spotted a cluster munitions in Syria
nationals have been detained an set off a bomb in the West Bank tempts by Palestinians to violently suspicious vehicle close to the Is- BEIRUT: Human Rights Watch
in China on suspicion of spying, yesterday in the first such attack in cross the border. One of the rockets raeli settlement of Maale Adumim (HRW) yesterday accused Russia
bringing the number of Japa- over a week of violence. hit an open field in southern Isra- and ordered the 31-year-old wom- of being behind the use of new
nese held by Chinese authori- The sharp escalation led to el and the other was intercepted. an to stop, police said. She exited advanced cluster munitions in
ties for espionage to four, news mounting fears that Palestinian Israels retaliatory air strikes de- the car and the explosives inside Syria by dropping them from its
reports said yesterday. unrest was tumbling towards a wid- molished a house in the northern it detonated, police spokesman warplanes or supplying them
A Japanese woman in her 50s er uprising or third intifada. After area of Zeitun, killing Nur Hassan, Micky Rosenfeld said, wounding to the Damascus regime. The
has been held in Shanghai since days of unrest elsewhere, Gaza has 30, and her two-year-old daugh- her seriously and the officer lightly. New York-based group said that
June for her alleged involvement been drawn into the violence since ter Rahaf, Gaza medics said, and The woman, from Jericho in the photographs it obtained showed
in spying on the country, the last Friday, with clashes along the trapping three others under the West Bank, shouted God is great that the cluster munitions were
Mainichi Shimbun daily said. border leaving nine Palestinians ruins. Border clashes that broke out in Arabic before the bomb went dropped on Kafr Halab, a village
The woman, who runs a Jap- dead, including teenagers, from last Friday came as Hamas chief off. AFP south-west of Syrias second city
anese language school in Tokyo, of Aleppo, on Oct 4. Its disturb-
had visited China frequently, ing that yet another type of clus-
Kyodo News said, adding that ter munition is being used in
the purpose of her visits was
unknown. Australians rally for closure of Pacific island camps Syria, given the harm they cause
to civilians for years to come,
Separately, another Japanese said Nadim Houry, HRWs dep-
national in his 60s has been SYDNEY: Thousands of Australians gees, the protesters in Sydney, Mel- Island for more than two years, uty Middle East director. AFP
detained in Beijing on similar yesterday joined rallies calling for bourne and other cities said the called on Turnbull who came
charges, the Mainichi said. the closure of Pacific island camps government and new Australian into power in mid-September after China restaurant
China said in late September for asylum seekers, just days after Prime Minister Malcolm Turnbull replacing Tony Abbott in a party explosion kills at least 17
it had arrested two Japanese the government confirmed it was should close the Pacific detention coup to help the detainees. SHANGHAI: An explosion
citizens for suspected spying, in talks with the Philippines to re- centres, which have been harshly They are traumatising us, Abdi ripped through a restaurant
a move likely to strain already settle detained refugees. criticised by rights groups. said on a phone call broadcast to in eastern China on Saturday,
tense ties between Asias two Under Canberras tough immi- With Australia set to resettle the Sydney crowd, adding that con- killing at least 17 people, the
largest economies. gration policy, asylum seekers at- 12,000 Syrian refugees amid the ditions at the Papua New Guinea official Xinhua news agen-
The detentions the first tempting to reach the island con- crisis in Europe, some demonstra- facility were indescribable. cy reported, blaming the ac-
since 2010 involving Japanese tinent by boat are turned back or tors waved Syrian and Kurdish flags, Medical professionals at the ral- cident on a gas cylinder. The
on such charges come as re- sent to camps in Nauru or Papua and said the government should lies also expressed fears that a new blast caused a fire at the res-
lations remain clouded by dis- New Guinea, and barred from re- move those held in the camps to law could block their colleagues taurant in Wuhu city in Anhui
putes over islands and Tokyos settling in Australia even if found the mainland. working at the camps from speaking province, the report said, cit-
wartime history, despite close to be refugees. One asylum seeker, Adbi, who out if they had allegations asylum ing local authorities. It gave no
trade links. AFP Chanting free, free the refu- has reportedly been held in Manus seekers were being abused. AFP other details. Reuters
M ON DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
S P O RT S 2 7

Another setback for Welsh game plan IN BRIEF

Deant Blatter says


WEYBRIDGE: Liam Williams joined been outstanding in the last couple of his team heading into Wales World hes a ghter
Wales World Cup casualty list after he of years, said Wales skills coach Neil Cup quarter-final against South Africa GENEVA: Fifas Sepp Blatter, who
was ruled out of the rest of the tour- Jenkins. this weekend. is appealing a 90-day suspension
nament yesterday with a foot injury. Hes a huge player for us and he George North, pushed into centre from the scandal-tainted world
The 24-year-old Scarlets wing did well again yesterday (Saturday). against Australia, is likely to return to football body, said yesterday he
limped off with a foot problem dur- He will be a huge loss but we have his more familiar wing berth against would fight to defend his rep-
ing the second half of Wales 15-6 Pool had quite a few injuries now and the two-time world champion Spring- utation. Im a fighter, he told
A defeat by Australia at Twickenham we have to get on with it, the former boks. That would leave Gatland need- the Swiss weekly Schweizer am
on Saturday. Wales fly half added. ing to find a new midfield partner Sonntag. They can destroy me,
Disappointing news out of camp Williams had to overcome a foot for Jamie Roberts, with utility back but they cant destroy my lifes
this morning (yesterday). Liam Wil- injury just to gain a place in coach James Hook and Tyler Morgan two work. The beleaguered football
liams ruled out of RWC with foot in- Warren Gatlands original 31-man possible options. chiefs lawyers lodged an appeal
jury, said a statement on the Welsh squad. If anyone comes in it will be an against his suspension last Fri-
Rugby Unions Twitter feed yesterday. Also capable of playing at full back, opportunity for them. We will wait day. At the same time, Blatter
Williams was the sixth member Williams was then concussed during and see what Gats (Gatland) wants asked for further hearings with
of Wales original World Cup squad Wales dramatic 28-25 win over tour- to do, said Jenkins. Fifas ethics committee, claiming
to be ruled out because of injury fol- nament hosts England at Twicken- We have enough players in the that he was not allowed to give
lowing Leigh Halfpenny, Rhys Webb, ham a fortnight ago and missed the squad to cover at the moment. evidence before he was banned.
Scott Williams, Hallam Amos and subsequent victory against Fiji. We have had incredible bad luck, But ethics committee spokes-
Cory Allen. Williams injury means Gatland is theres no doubt about that, he add- man Andreas Bantel said Blatter,
We are very sorry for Liam, hes set to be forced into yet another rejig ed. AFP 79, had been given the chance
to put his case on Oct 1. AFP
Hamilton wins in Sochi,

Wales end their


Rosberg retires
Malaysia SOCHI: Lewis Hamilton took
full advantage of his Mercedes
demolished at teammate Nico Rosbergs me-
chanical misfortunes to seize
2015 AFF futsal
wait for 57 years
a commanding victory in yes-
tournament terdays incident-filled Russian
Grand Prix and take a massive
lead in the title race. The de-
KUALA LUMPUR: The national fending two-time world cham-
mens futsal team were soundly pion started second on the grid,
beaten 6-1 by reigning cham- inherited the lead when Ros-
pions Thailand in the second berg slowed and then retired,
Group A match of the 2015 Asean To qualify for finals of an international tournament after seven laps, with throttle
Football Federation (AFF) Cham- pedal problems and claimed
pionship at the Bangkok Futsal his ninth win of the season and
Arena in Thailand on Saturday. BY DAVE JAMES rael 2-1 in Jerusalem thanks to fourth for Belgium while Hazard 42nd of his career with ease.
The result allows the hosts an 80th-minute drive from Jason missed a late penalty. That lifted the Briton up to 302
to share six points with Timor PARIS: Wales reached the finals Demetriou. In Group A, 2014 World Cup points in the world champion-
Leste and top the group with of an international tournament Its the best loss of my life, semi-finalists the Netherlands re- ship, with Sebastian Vettel, who
goal difference while Malay- for the first time since the 1958 said Wales Real Madrid star Ga- main on a knife-edge as far as their took second in his Ferrari, now
sia was ranked third out of five World Cup on Saturday when they reth Bale. hopes are concerned. on 236 points, with Rosberg now
teams with three points after two qualified for Euro 2016 despite a To achieve it is a dream come They enjoyed a 2-1 win in Ka- on 229. AFP
matches. 2-0 loss to Bosnia. true and now we want to go out zakhstan but Turkey, their rivals
Malaysia got off to a perfect Wales secured their place when and get ready for France. It shows for a play-off spot, then stunned Pedrosa wins Japan
start after mauling Brunei 9-1, Israel lost 2-1 at home to Cyprus. exactly what were about. Were the Czech Republic 2-0 to preserve Grand Prix, Rossi second
while Thailand thrashed Sin- Belgium also went through from like brothers on the pitch. their two-point lead. Iceland and MOTEGI: Dani Pedrosa came
gapore 8-0 in Group A opening the same Group B thanks to a 4-1 Belgium inflicted Andorras 49th the Czech Republic had already from behind to grab his first
matches last Thursday and Fri- victory over Andorra. defeat in Euro qualifying, making secured Group A qualification. win of the season in stunning
day, respectively. Earlier, Italy also made sure of light of a rain-soaked, plastic pitch Georginio Wijnaldum put the fashion at the Japan Grand Prix
Thailands six goals were their place in the finals in France to record a 4-1 victory and a fifth Dutch ahead in the 33rd minute yesterday, while championship
scored by Piyapan Ratana in next summer with a 3-1 win in European qualification. in Baku, while Wesley Sneijder leader Valentino Rossi finished
the 10th minute; Jetsada Chu- Azerbaijan. Marc Wilmots side were a goal added a second on 50 minutes to second. The Spanish Honda rid-
dech in the 13th minute; Chaiwat The Welsh, Belgium and Italy to the good after 19 minutes when keep them on track despite Islam- er clocked 46 minutes 50.767
Jamgrajang in the 15th minute; join already-qualified Austria, the Romas Radja Nainggolan scored bek Kuat grabbing a consolation seconds for his 50th career vic-
Sorasak Phoonjungreed in the Czech Republic, England, France, with a long-range effort which took goal deep into added time. tory on a drying track after rain,
22nd minute; Nattawut Madyalan Iceland, Northern Ireland, Portu- a slight deflection off Andorra de- Former Arsenal and Manches- 8.573 seconds ahead of Rossi on
and Krisada Wongkaeo, both in gal, Spain and Switzerland in the fender Marc Rebes. ter United striker Robin van Per- Yamaha and 12.127 seconds in
the 36th minute. 24-team finals. Three minutes before the break, sie came on as a late substitute to front of Rossis teammate Jorge
Striker Mohd Khairul Effendy Bosnia went in front after 71 Manchester Citys Kevin De Bruyne earn his 100th cap for the Nether- Lorenzo. The results meant the
Mohd Bahrin scored the only goal minutes in Zenica when Miralem unleashed a 23m free kick which lands, who were European cham- Italian stretched his champion-
for the national team in the 39th Pjanic delivered a long free kick soared into the top corner of the pions in 1988. In Prague, Selcuk ship points lead over his closest
minute, according to the AFF into the area and substitute Milan goal. Inan gave Turkey the lead with a rival Lorenzo to 18, with three
website www.aseanfootball.org. Djuric sent a looping header over Ildefons Lima pulled a goal back 62nd-minute penalty with Hakan more races to go, followed by dis-
In the other Group A action, goalkeeper Wayne Hennessey. for Andorra from the penalty spot Calhanoglu adding a second with tant third Marc Marquez. AFP
Brunei recorded their first victo- Vedad Ibisevic added a second in the 51st minute before Eden 10 minutes left.
ry after defeating Singapore 2-1 in the dying moments as Bosnia Hazard restored Belgiums two- In the last qualifiers tomor- Goh fails to reach
in a match that took place in the kept their play-off hopes alive. goal advantage, also from the spot, row, the Dutch host the Czech mens singles nal
evening. Bernama But it didnt matter for a buoy- five minutes later. Republic and Turkey welcome KUALA LUMPUR: National
ant Wales as Cyprus stunned Is- Laurent Depoitre added a Iceland. AFP mens singles shuttler Goh Sooh
Huat failed to book the ticket in
the final of Dutch Open Grand
Prix Gold Badminton Tourna-
England finish Rugby World Cup on winning note ment at Topsportcentrum Alm-
ere Arena, Netherlands. In the
semi-final on Saturday, Goh lost
MANCHESTER : Veteran Nick come the first hosts to fail to reach Lancaster gave no indication what next week holds, Lancaster 14-21, 15-21 to third seed, Ajay
Easter and World Cup debutant the knockout stages. about whether he has made up said after the game. Jayaram, in a match that lasted
Jack Nowell scored a hat-trick of There were more than 4,000 his mind to resign or wait to be Anyone in my position who 40 minutes. Jayaram will face
tries each in Englands 60-3 con- empty seats for their final Pool pushed by the Rugby Football has worked since December 2011 12th seed, Raul Must, after the
solation hammering of Uruguay A game at the Manchester City Union. to this point would say it would Estonian defeated 15th seed,
on Saturday. ground and major doubts remain It has been a tough week. I just be hard to walk away from, Lan- Emil Holst, from Denmark in
However, the team were far about the future of coach Stuart wanted to get through the week caster told a press conference. rubber-set action 21-18, 17-21,
from forgiven for their disastrous Lancaster after their calamitous and put in a good performance. But equally I understand it is a 21-11 in another semi-final.
tournament which saw them be- exit. We have done that so we will see results business. AFP Bernama
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
2 8 S P O RT S MO

PHOTOS BY SHAHRIN YAHYA & MOHD SUHAIMI MOHAMED YUSUF

01

Emotional Korda tops Ko


to end barren LPGA run
Secures fourth career title at the US$2m event
02 KUALA LUMPUR: American Jes- ished clear of Ko, defending cham-
sica Korda ended a miserable run pion Feng Shanshan of China (66)
of form in emphatic style by hold- and American world No 3 Stacy
ing off world No 2 Lydia Ko to win Lewis (67).
the US$2 million (RM8.26 million) Former world No 1 Yani Tseng of
Sime Darby LPGA Malaysia yes- Taiwan continued to show prom-
terday for her fourth career title. But a new coach and some qual- ising signs of a return to form, with
The 22-year-old held a two- ity time back in Florida helped a fifth place finish on 13-under
shot lead overnight and fired a spark a transformation. following a closing 66. Reuters
final round six-under-par 65 at the Just three weeks at home with
Kuala Lumpur Golf and Country my coach and family, and work-
Club for an 18-under 266 total, four ing a lot on physical aspects and
clear of the in-form Ko (66), who found a love for the game back,
was gunning for a third straight Korda said when asked about the
LPGA title. turnaround.
Korda, in contrast, had man- My boyfriend and I played a lot
aged just one top 10 this year and with my sister, and I just enjoyed
03 had failed to make the cut in five of my time at home and came here 01. Korda (left) receiving the trophy from
her last six events to tumble down refreshed. Youth and Sports Minister Khairy
to 50th in the world rankings and Korda picked up her fifth birdie Jamaluddin
almost miss out on a spot on the of the final round on the 10th to
field in Malaysia. move four-shots clear, but a nervy 02. Beat Asian player Aditi Ashok (left) and
Her surprise victory against a missed short par putt on 11 and a Sime Darby Bhd chairman Tan Sri Abdul
high-calibre field in punishing birdie by Ko on 12 halved the defi- Ghani Othman at the LPGA Malaysia
humid conditions left her under- cit to two as the pressure came. yesterday.
standably emotional. The New Zealander, though,
Just to win again is amazing, tossed in a bogey five at the 13th 03. Korda, ((second from right) Ha Na Jang
especially after the year I have to give Korda breathing space, and (holding umbrella) and Lewis (in front)
had, said Korda, who began cry- the American, daughter of former during the LPGA Malaysia yesterday.
ing before holing out on the last. Australia Open tennis champion
The poor form led to her tell- Petr Korda, confidently negotiat- 04. Korda (left) celebrating after winning the
ing US Solheim Cup skipper Juli ed the tricky water-filled closing LPGA Malaysia yesterday.
Inskter that she wasnt worthy of stretch.
a captains pick for last months A birdie two following a pin- 05. Ko in action during the LPGA Malaysia
matches against Europe, which point tee shot at the 15th gave her yesterday.
the Americans won without her. a four-shot lead again as she fin-
M O N DAY OC TOB E R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
S P O RT S 2 9

04 05

06 07

08

m-
66)
acy

g of
m-
with
der
ers

d
dul

06. Lewis in action during the LPGA Malaysia


yesterday.
ng
t) 07. Feng in action during the LPGA Malaysia
yesterday.

the 08. Jang in action during the LPGA Malaysia


yesterday.

a 09. Korda kissing her champion trophy after


winning the LPGA Malaysia yesterday.
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
30
live it!
MO

WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE

The orchestra was selected through


annual auditions early this year.
Photos by Kenny Yap

P
AT
Ho
to
tio
sho
ati
the
col

Pia
ligh
of p
bea

ac
as p
car
for

dia
bet
ter
to a
sca
ow

OPERATIC EFFORT
em

M
ney
Th
un
of P
es-
In
sig
ultr
The Kuala Lumpur City and works in an oil and gas company, while the latter
who holds a Masters in International Management
during the show there are subtitles, Chen tells us.
Crowdfunding is another way of raising awareness
bec
lea
Operas fundraising concert works for a financial institution.
Despite having full-time jobs in different fields,
as the public form part of it but the response towards
crowdfunding efforts for KLCO has been slow-paced
the

is a push towards creating the two of them share a passion for opera even before
the inception of EST and are keen to develop the art
with a total of RM8,000 raised so far. [As at last week
when the interview was done].
la w
cas
a greater awareness of this here, firstly by raising public awareness. They speak
fondly of the opera workshop that caters for chil-
However, as it is with any passion project, the
end result is bound to commensurate with efforts.
am
wh
beautiful art form dren. Here, the participants are not only exposed to
the art, but also have an opportunity to participate
Slowly you see everything coming together to form
the show. I think what is very rewarding is [that] at
un
ph
in the production of an opera. the end you see people enjoying the show and ap- lea
BY SHALINI YEAP We can see that there are returning kids who have plauding, Chen explains. cla
been following us for the past three years, says Ho Chen and Ho share a grand vision for KLCO and Pia

O
pera is a form of art that is still quite rare who also dabbles in the performing arts. He debuted Ho is enthusiastic to make this known, I want to tob
in Malaysia and Danny Chen and Ho in the Kuala Lumpur Performing Arts Centres Bro- reach for the sky. I want to build an opera house in
Soon Yoon are hoping to change this. ken Bridges and Dharma Orchestras I Have a Date Malaysia. Its a big dream but I think dreams can only
The executive producer and co-pro- with Spring. Perhaps, the support garnered by the come through when we have a vision.
ducer of The Eat, Sing & Travel Peo- workshop is an indication of budding interest and
ple also known as the EST Opera are young talent in this genre.
in the midst of incorporating an opera company to The 80-performer strong orchestra that is set to The fundraising concert for KLCO will take place on
serve this purpose. Kuala Lumpur City Opera (KLCO) perform at the fundraiser next week was selected Oct 16 (8.30pm), Oct 17 (8.30pm) and Oct 18 (3pm)
is an effort to resuscitate the Western opera scene in
Malaysia and at the moment EST is spearheading
a fundraiser, pending the incorporation of KLCO.
through annual auditions early this year. Expect to
see a combination of established and veteran tal-
ent, various age range including children, retirees,
at the Kuala Lumpur Performing Arts Centre, Sentul
Park, Jalan Strachan (off Jalan Sultan Azlan Shah
formerly known as Jalan Ipoh), Kuala Lumpur.
P
Many people do not know that opera exists in
Malaysia, says Chen. The duo met in 2002 when
they were both in the Selangor Philharmonic Choir
students. They have to work hard. Not only do you
have to learn the music. You have to learn the lan-
guage, the pronunciation, Chen says referring to the
Pre-performance talk will take place half an hour be-
fore show time. Tickets priced at RM 68, RM88, RM108,
RM128 can be purchased from www.ticketpro.com.my.
A
C
and before Chen left to Singapore for work, they performers who mostly have full-time jobs and find
performed in two operas Turandot and Carmen time for rehearsals after working hours.
with the Penang Arts Council, which was also You know whats exciting? The chorus has
where they made the acquaintance of chorus mas- been rehearsing with just the piano and its W
ter, Mak Chi Hoe. the same with the soloist and the orchestra,
We have been thinking about it for at least a year (they have) been rehearsing separately.
already. It was initially very difficult because we did So [when] we patch them together, there
not know how to structure it or what to call ourselves, are some beautiful moments, Ho says. His
Chen says when asked how KLCO, which is a sepa- favourite part of the performance is when Ho (left)
rate entity from EST, came about. The initial idea was the orchestra meets with the singers for the and Chen.
conceived when Chens opera teacher, Dr Michela first time that is a very magical moment
Bertagnolli Febvre, found that the master classes she for everybody. I always enjoy that, he says.
conducted here were quite a success. This sparked Similar to previous performances staged by
the idea to develop opera in Malaysia through the EST, the show will commence with a 30- min-
formation of a body specific to it. ute performance talk, an introduction to
I learned the piano for six months! Chen cheekily the show. The mission is to promote
exclaims but quite apart from that, both Chen and Ho opera music and raise awareness.
do not possess musical backgrounds. The former has So that people have an idea of
a Bachelor in Business Studies, majoring in marketing what they are going to watch and
M O N DAY OC TOB E R 1 2, 2015 T HEED G E FINA NCIA L DA ILY

WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE


live it! 31

TIMEPIECES BY SU ANN Q UAH

Piagets debuts its latest Limelight Stella


AT Watches and Wonders 2015, the Asian Haute
Horlogerie Exhibition that took place from Sept 30
to Oct 3 at the Hong Kong Convention and Exhibi-
tion Centre, renowned Swiss watchmaker, Piaget
showcased a collection of divine horological cre-
ations to Asian connoisseurs. This exhibition saw
the international debut of the latest Limelight Stella
collection by Piaget.
Award-winning actress Carina Lau graced the
Piaget booth and was styled in a brand new Lime-
light Stella watch. Clad in the watch, she gave pride
of place to the convergence of personality and poetic
beauty as the secret to her glamour.
Women are forever passionate about beauty. As
a career woman, I strive for career aspiration as well
as personal aura. In order to strike a balance between
career and family, I must constantly stay in my best
form, said Lau.
The Limelight Stella is encrusted with brilliant-cut
diamonds and embodies Piagets motto: Always do
PICK OF THE DAY
better than necessary in every minute detail. A mas-
terpiece in its own right, Limelight Stella pays tribute GET your dream complexion with LOccitanes Divine
to a woman in love with freedom the freedom to Carina Lau skin programme. The Divine Youth oil which is part of
scale new heights by pushing the boundary of her presents Piaget this range, helps enhance the skins regeneration ability
own talents; the freedom to write extraordinary and New Limelight and helps sync skin back to its natural rhythms. Designed
emotional new chapters in the annals of time. Stella Collection. to boost radiance and fight signs of ageing, the collection
The Piaget booth featured a romantic space themed contains the immortelle flower which is grown in Corsica.
Midnight Sky, taking visitors on a jour- The immortelle flower is cultivated by LOccitane to distil
ney into time under the starry firmament. a rare essential oil which contains molecules that benefit
They had the chance to experience the the skin. The Divine Youth oil when applied to skin sinks
unparalleled watchmaking expertise in immediately without that greasy feeling. The oil should
of Piaget, a brand founded by Georg- be applied to the face and neck in the evening before se-
es-Edouard Piaget in France in 1874. rum and moisturiser. The Divine Youth Oil is available at
In the 1950s, Piaget set about de- LOccitane stores nationwide in 30ml size and is priced
signing and manufacturing the at RM488.
ultra-thin movements that would
become one of their signatures,
leaving a lasting impression on
the world of watchmaking.
The Piaget Limelight Stel-
la watch is an 18K white gold
case set with 126 brilliant-cut di-
amonds (0.65ct), white dial with
white gold hour-makers, moon phase
underlined with 14 diamonds, sap-
phire case back and a blur alligator
leather strap with a white gold folding
clasp. The watch can be purchased at the
Piaget Boutique at KLCC from end of Oc-
tober onwards and retails at RM120,000.

Personal HEAD to No Black Tie for a classy evening


entitled Ciaccano: Dirty Dancing on the Key-
board featuring Ng Kah Ming. The perfor-

ASSISTANT
CO MPI L ED BY HA NNAH M ER ICAN
mance will feature Ng who is an engineer
turned-musician who regularly performs and
directs recitals and concerts. He has served
as a course co-ordinator and lecturer in ear-
ly music studies at the Faculty of Music at
Oxford University. He will be performing to
WORK. LIFE. BALANCE audiences a mixture of tunes from Pachelbel,
Handel and Ro- CHECK out The Fallen at PJ Live Arts which
seingrave. The is a yoga performance with a modern twist.
TREAT yourself to lunch at OpiumKL to kick- per formance The performance is by the London-based
start your week. The all-you-can eat lunch will start at 9pm Tripsichore Yoga theatre which celebrates
comes with free ow of ice lemon tea. It and there will be the 5,000-year-old-yoga discipline. The yoga
features a range of Chinese dishes such as a cover charge theatre performance features rock-tinged
wanton noodles, crispy duck noodles, siew at RM50. No music by the likes of BJ Cole and LagoonWest.
mai, salted egg cream buns, BBQ chicken Black Tie is lo- The piece features choreography and perfor-
buns and prawn dumpling. The all-you-can cated at 17 Jalan mances by Edward Clark and Nikki Durant.
eat lunch is on until Oct 31 from Monday to Mesui, o Jalan The performance is for audiences 12 years
Friday, from 12pm to 2.30pm. OpiumKL is Nagasari, Kuala old and above. Tickets are priced at RM50.
located at 50 Changkat Bukit Bintang, Kuala Lumpur. For res- PJ Live Arts is located at Jaya One, 72A Jan
Lumpur. To nd out more visit their Facebook ervations, call Universiti, Petaling Jaya. To book tickets visit
page at www.facebook.com/opiumkl. (03) 2142 3737. www.pjlivearts.my.
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE FI N AN C I AL DAI LY
32
live it!
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE

ART EVENTS
NOT TO BE MISSED
BY JAMES TARMY

Zen TODAY
L
ondons Frieze art fair had close to
60,000 visitors last year. Given the
amount of collectors, dealers, and
art enthusiasts who travel to the city
just to attend the fair, the number
of actual London residents who I love the
attend the fair (entry: 34 pounds) will prob-
ably be minimal. relationship
The events surrounding the fair, however,
are seen, attended, and (arguably) enjoyed that anyone has
by far more people. Whether its a party, an
opening, or an installation, theres something with music ...
for everyone. Here are our top picks.
Emily Jacir at the Whitechapel
Emily Jacir at the Whitechapel. because there's
Recommending that art lovers attend the ace in central London. The installation, titled Gerhard Richter at Dominique Levy something in us
Whitechapel Gallery is about as obvious as Frozen Waves, Broken Sublimes will certainly Some of the biggest collectors in the world
telling someone whos thirsty that they should be tamer than Quinns bodily-fluid themed will descend on London for Frieze. Not coin- that is beyond the
try this crazy thing called water. That said, the works, but should, in its own way, be more cidentally, many of the galleries in London
exhibition of art by Emily Jacir, a Palestinian interesting. Through Oct 21 are pulling out the stops. Dominique Levy, reach of words,
contemporary artist who won a Golden Lion at whose London branch of her eponymous
the 2007 Venice Art Biennial is worthy of spe- YR at Native Informant gallery opened last year, is doing an exhi- something that
cial note: her lovely, haunting, highly political It often pays (literally and metaphorically) to bition of Gerhard Richters very rare (and
films and installations are as mesmerising as know about the newest spate of art world dar- very expensive) colour charts. October 13 eludes and defies
any blockbuster. Through Jan 3, 2016 lings. YR, an art and architecture collective January 16, 2016
Serpentine Transformation Marathon
formerly known as AIRBNB Pavilionif you our best attempts
can believe it, Airbnb the company sent them Ugo Rondinone at Sadie Coles
This is the 10th anniversary of The Serpentines a cease and desisthas, in the past year and There are a few exhibitions this season that to spit it out. ... It's
Marathon series, a once-a-year, 12-hour long a half, participated in more than 15 exhibi- everyone will have been toor at least
event founded by the curator/art superstar tions, lectures, and workshops across Europe. claimed to have been to. Ugo Rondinones the best part of us
Hans Ulrich Obrist, where artists (previous Focused on domesticity (and lack thereof), cheerful if not especially challenging in-
participants include Marina Abramovi, Brian technology, and the urban fabric, they have stallation of neon sculptures and paintings probably ...
Eno, and Yoko Ono) bat around off-the wall a show at Native Informant in Mayfair, and at Sadie Coles (Clouds + Mountains + Wa-
ideas, perform, and engage with the (generally are also participating in a Frieze Project, part terfalls) is one of those shows. Go, enjoy, Nick Hornby
pretty rowdy) audience. This years theme is of a programme sponsored by the fair itself. and, invariably, Instagram. Through Oct 24
Transformation, and deals with subjects as Through Nov 7
varied as transgender politics and changes ICA Opening Party and Frieze Bar
in art, literature, and design. Saturday, Oct Jon Rafman at the Zabludowicz Collection Launch
17, 10am10pm The Zabludowiczes, a wealthy, London-based To say that the Institute of Contemporary
family, converted a former 19th century meth- Arts in the centre of London has embraced
Marc Quinn Installation at the Somerset odist church into an airy contemporary art Frieze week would be an understatement.
House Courtyard space. For this exhibition, theyve commis- Theyve timed their newest exbhition, Zhang
Marc Quinn is probably best known for his sioned the Canadian artist Jon Rafman to do Ding: Enter The Dragon to coincide with
more outlandish sculpture he made one a series of works. Accordingly, hes created a the launch of the fair, and theyve inaugu-
of his head, Self, out of his own frozen blood. series of installations including what they de- rated their first official (and, presumably,
This time around, hes installed four massive scribe as a large-scale artificial hedge maze unofficial) Frieze Bar, with DJs, musical
stainless steel sculptures in the courtyard of populated with digitally manipulated sculp- guests and, well, a bar, that will run for the
Somerset House, a stately neo-classical pal- tural busts. Through Dec 20 entire week. October 1216 Bloomberg

4.98 128.98
M ON DAY OC TOB E R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
Markets 3 3
BURSA MAL AYSIA MAIN MARKET

Bursa Malaysia YEAR


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

Sectorial Movement 0.217 0.115 0.120


0.560 0.325
0.120

7146
5198
AEM
AFUJIYA
0.120
0.380
UNCH

50

0.210 41.38
30.89


21.9
68.4
0.400 0.265 0.300 0.300 2682 AISB 0.300 0.010 64.8 0.000 39.6
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG
3.470 1.928 3.420 3.200 7609 AJIYA 3.330 -0.070 342.1 2.206 12.94 0.60 230.5
1.120 0.200 0.350 0.350 9954 AKNIGHT 0.350 0.030 0.1 1.195 20.3
KLSE COMPOSITE 1,706.54 14.34 0.85 TECHNOLOGY 21.86 -0.17 -0.77 0.765 0.572 0.695 0.695 2674 ALCOM 0.695 UNCH 10 1.000 7.19 93.4
0.535 0.335 0.375 0.370 4758 ANCOM 0.375 0.005 26.5 0.373 38.27 82.1
KLSE INDUSTRIAL 3,320.78 3.14 0.09 FTSE BURSA 100 11,439.34 99.79 0.88 1.208 0.710 0.775 0.770 6556 ANNJOO 0.770 -0.005 38.9 1.137 770.0 3.90 402.5
CONSUMER PRODUCT 580.19 4.19 0.73 FTSE BURSA MID 70 12,635.64 123.78 0.99 0.250 0.165 0.190 0.185 9342 ANZO 0.190 0.010 192.7 0.219 53.4
INDUSTRIAL PRODUCT 142.19 1.03 0.73 FTSE BURSA SMALL CAP 15,397.58 173.12 1.14 1.250 0.942 1.150 1.150 5568 APB 1.150 UNCH 8 0.000 10.23 5.65 129.8
5.599 3.924 4.450 4.200 5015 APM 4.300 0.220 9.7 5.870 10.07 4.53 866.9
CONSTRUCTION 275.90 5.17 1.91 FTSE BURSA FLEDGLING 15,215.90 62.95 0.42 0.620 0.400 0.520 0.505 7214 ARANK 0.520 0.020 36 0.502 6.05 4.33 62.4
TRADE & SERVICES 228.83 1.79 0.79 FTSE BURSA EMAS 11,734.52 104.38 0.90 0.880 0.560 0.625 0.625 7162 ASTINO 0.625 -0.005 0.4 1.193 8.63 4.66 171.3
FTSE BUR MSIA ACE 5,810.66 40.06 0.69
0.215 0.100 0.120 0.115 7070 ASUPREM 0.115 UNCH 1404.1 0.185 33.6
KLSE FINANCIAL 14,500.61 88.88 0.62
1.005 0.540 0.660 0.580 7099 ATTA 0.660 0.070 14.3 1.089 2.33 46.4
KLSE PROPERTY 1,176.86 10.42 0.89 FTSE BUR EMAS SHARIAH 12,471.90 123.17 1.00 0.945 0.480 0.630 0.610 7181 ATURMJU 0.630 UNCH 8 0.000 38.5
KLSE PLANTATION 7,462.98 65.84 0.89 FTSE BUR HIJRAH SHARIAH 14,277.27 121.19 0.86 2.600 1.600 2.360 2.340 8133 BHIC 2.340 -0.010 6.4 2.741 24.74 581.4
0.815 0.285 0.370 0.370 7005 BIG 0.370 -0.025 10 0.360 17.8
KLSE MINING 518.76 20.26 4.06 FTSE/ASEAN 40 8,951.31 303.90 3.51
0.150 0.090 0.115 0.105 7187 BKOON 0.115 0.005 414.3 0.155 31.8
1.719 0.980 1.260 1.200 0168 BOILERM 1.230 0.030 854.1 2.483 18.92 1.42 634.7
2.520 2.000 2.500 2.500 6297 BOXPAK 2.500 UNCH 18.5 2.405 12.25 150.1
1.410 0.673 1.400 1.360 5100 BPPLAS 1.370 -0.030 379.5 0.647 21.99 4.38 257.1
0.670 0.320 0.380 0.370 9938 BRIGHT 0.370 -0.010 133 1.342 60.8
0.290 0.175 0.210 0.205 7221 BSLCORP 0.210 UNCH 59.6 0.000 20.6
Bursa Malaysia Main Market 0.455 0.115 0.295
2.893 1.902 2.640
0.286 0.109 0.140
0.285
2.590
0.135
7188
5105
5229
BTM
CANONE
CAP
0.285
2.600
0.140
-0.005 1129.5
UNCH 401.7
UNCH 5700.6
0.210
3.629
0.370

5.11
2.69

1.92

35.5
499.6
162.6
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP 2.419 1.630 2.070 2.020 7076 CBIP 2.030 -0.030 232.5 3.176 12.45 2.96 1,092.6
HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) 1.109 0.823 0.940 0.935 2879 CCM 0.940 0.020 15 1.051 2.66 430.2
1.544 1.004 1.370 1.320 7171 CENBOND 1.370 0.010 49.5 1.631 10.90 4.38 164.4
CONSUMER PRODUCTS 1.860 1.380 8435 CEPCO 1.400 23.29 62.7
0.745 0.550 7120 ACOSTEC 0.605 318.4 107.6 1.600 1.140 8044 CFM 1.410 57.8
4.334 2.995 3.770 3.750 7090 AHEALTH 3.750 UNCH 93.9 0.000 13.75 2.93 439.3 1.740 1.300 1.460 1.440 5007 CHINWEL 1.440 UNCH 198.5 1.354 9.02 4.06 431.3
6.382 4.775 6.050 6.000 2658 AJI 6.000 UNCH 214.6 4.604 11.47 3.33 364.8 1.688 1.400 5797 CHOOBEE 1.520 11.80 3.95 167.1
0.600 0.220 7051 AMTEK 0.280 14.0 1.230 0.850 1.000 0.990 8052 CICB 1.000 0.080 2 0.000 1.75 45.8
5.014 4.050 4.990 4.890 6432 APOLLO 4.890 -0.010 12.5 5.640 12.72 5.11 391.2 0.105 0.055 0.070 0.070 7018 CME 0.070 UNCH 790 0.060 14.89 30.9
3.700 1.400 7722 ASIABRN 1.400 0.36 110.8 5.977 3.243 5.260 5.190 2852 CMSB 5.220 0.020 1110 5.900 25.45 1.63 5,608.2
4.390 3.080 3.860 3.800 7129 ASIAFLE 3.850 0.020 21 4.239 13.30 3.90 734.8 1.180 0.200 7986 CNASIA 0.315 14.3
71.775 56.740 63.200 62.020 4162 BAT 62.500 0.500 319.7 62.855 20.12 4.99 17,845.6 4.395 1.593 2.190 2.090 5071 COASTAL 2.160 0.110 3602.2 3.192 5.98 2.69 1,148.3
0.135 0.045 0.060 0.055 7243 BIOOSMO 0.060 0.005 2242.5 0.176 29.9 0.405 0.150 0.305 0.300 7195 COMCORP 0.305 0.005 952.7 0.000 10.20 42.7
0.220 0.015 7193 BIOSIS 0.020 2.1 0.945 0.600 0.785 0.765 2127 COMFORT 0.765 -0.005 580.7 0.414 26.94 344.8
1.150 0.680 0.765 0.745 9288 BONIA 0.755 0.010 400.4 3.399 13.13 1.66 608.7 1.116 0.880 0.960 0.960 5094 CSCSTEL 0.960 UNCH 1 1.299 95.05 3.13 364.8
1.280 0.708 1.060 1.030 7174 CAB 1.040 0.010 323.3 0.575 10.25 156.7 0.790 0.491 0.710 0.710 7157 CYL 0.710 UNCH 1 0.000 14.40 7.04 71.0
0.584 0.333 7154 CAELY 0.510 13.42 1.96 40.8 0.440 0.275 0.320 0.320 5082 CYMAO 0.320 0.010 20 0.371 24.0
0.445 0.230 7128 CAMRES 0.300 8.57 58.2 4.551 3.962 8125 DAIBOCI 4.510 21.07 2.99 513.5
13.732 9.825 12.080 11.920 2836 CARLSBG 12.040 0.140 86.5 12.303 18.58 5.90 3,709.3 0.475 0.180 0.310 0.305 8176 DENKO 0.305 UNCH 1174.8 0.300 11.34 31.9
0.956 0.720 0.760 0.755 7035 CCK 0.755 0.005 10 0.000 13.20 2.65 119.0 0.575 0.265 7114 DNONCE 0.455 3.29 20.5
2.970 1.708 2.700 2.680 7148 CCMDBIO 2.700 UNCH 536 2.599 13.99 5.46 753.2 0.385 0.250 5835 DOLMITE 0.295 10.03 77.7
0.665 0.400 0.650 0.630 9423 CHEEWAH 0.650 0.010 42 0.000 9.45 27.4 0.395 0.312 5835PA DOLMITE-PA 0.395 4.9
3.110 0.980 1.790 1.750 2828 CIHLDG 1.770 0.020 43.2 0.000 23.41 286.7 0.920 0.660 0.830 0.820 5265 DOLPHIN 0.820 UNCH 649.5 0.000 3.38 182.0
0.105 0.050 0.055 0.055 5188 CNOUHUA 0.055 -0.005 621 0.080 36.7 1.562 0.929 1.150 1.130 7169 DOMINAN 1.140 -0.010 228.6 0.951 8.20 3.62 188.1
2.630 1.263 2.500 2.480 7205 COCOLND 2.480 -0.020 27.1 2.192 14.36 2.02 425.6 2.133 1.164 1.400 1.370 1619 DRBHCOM 1.370 0.010 1534.3 2.568 15.34 4.38 2,648.5
1.360 1.056 1.290 1.270 7202 CSCENIC 1.280 UNCH 94.1 1.110 15.72 6.25 154.2 0.450 0.220 0.310 0.305 7233 DUFU 0.305 UNCH 25 0.195 5.54 53.5
0.135 0.065 0.135 0.125 5214 CSL 0.130 UNCH 31031.4 0.199 2.05 161.6 0.737 0.381 0.565 0.550 8907 EG 0.560 0.015 1226.5 0.336 1.88 108.0
0.080 0.040 0.050 0.045 7179 DBE 0.045 -0.005 1690 0.070 30.4 1.610 1.000 1.190 1.180 9016 EKSONS 1.180 0.010 32 1.267 4.28 193.8
1.013 0.757 7119 DEGEM 0.880 7.10 1.70 117.9 0.335 0.190 7217 EMETALL 0.190 32.5
48.000 39.447 47.200 47.020 3026 DLADY 47.200 0.080 1.8 48.592 23.55 2.12 3,020.8 0.903 0.600 7773 EPMB 0.730 8.63 5.48 121.2
0.170 0.065 0.105 0.095 7198 DPS 0.100 0.005 7129.2 0.095 28.57 58.8 2.110 0.475 1.990 1.950 5101 EVERGRN 1.970 -0.010 1816.5 0.474 14.78 1,010.6
0.170 0.085 0.130 0.130 7182 EKA 0.130 -0.015 128 0.000 40.6 1.083 0.427 0.780 0.725 7249 EWEIN 0.765 0.035 2068.8 1.002 46.08 0.65 161.4
0.280 0.165 0.210 0.205 5091 EKOWOOD 0.210 UNCH 185.1 0.245 35.3 1.314 0.945 1.050 1.010 2984 FACBIND 1.050 0.030 15.2 1.273 17.80 2.67 89.4
0.275 0.170 0.240 0.235 9091 EMICO 0.240 0.005 494.2 1.000 5.36 23.0 3.140 2.189 2.590 2.500 7229 FAVCO 2.590 0.100 104.4 3.009 6.37 4.63 566.9
2.266 1.750 2.000 1.980 7149 ENGKAH 2.000 0.010 76.6 2.594 29.81 3.25 141.5 0.562 0.355 0.410 0.370 0149 FIBON 0.410 UNCH 16.9 0.601 11.02 2.68 40.2
0.277 0.167 0.205 0.200 7208 EURO 0.205 0.005 145 0.340 52.56 49.8 2.768 2.020 3107 FIMACOR 2.310 7.89 4.33 566.6
0.990 0.620 7094 EUROSP 0.730 32.4 1.990 0.976 1.890 1.820 5197 FLBHD 1.820 -0.070 1205.5 1.001 9.50 4.95 187.8
18.891 14.956 18.440 18.340 3689 F&N 18.380 -0.040 21.3 18.260 23.53 2.99 6,739.3 1.645 1.243 3611 GBH 1.470 3.63 10.20 274.3
0.830 0.475 0.550 0.540 9776 FARMBES 0.545 0.045 24 0.584 33.3 1.070 0.455 0.960 0.935 7197 GESHEN 0.950 0.010 295.9 0.240 8.13 76.0
1.627 0.934 1.040 1.040 2755 FCW 1.040 UNCH 1 0.857 105.05 4.81 260.0 0.085 0.040 0.055 0.050 5220 GLOTEC 0.050 UNCH 16393.8 0.055 269.1
0.580 0.300 0.480 0.380 8605 FFHB 0.480 0.080 58.5 0.265 15.95 39.7 0.580 0.205 7192 GOODWAY 0.325 35.9
0.933 0.595 0.705 0.700 9172 FPI 0.705 0.010 377 0.750 37.11 4.26 174.4 0.135 0.064 0.090 0.090 7096 GPA 0.090 UNCH 200 0.085 88.2
14.980 11.750 14.260 14.200 3255 GAB 14.200 -0.040 34.2 16.231 20.03 4.54 4,289.8 0.670 0.285 0.370 0.360 5649 GPHAROS 0.370 0.010 37.6 0.345 49.8
1.200 0.720 0.910 0.855 5102 GCB 0.910 UNCH 77 1.388 435.4 0.460 0.180 0.235 0.225 0136 GREENYB 0.225 -0.005 537.8 0.239 17.05 4.89 75.1
2.822 2.070 5606 GOLDIS 2.300 11.10 0.87 1,404.1 0.130 0.070 0.085 0.085 7077 GSB 0.085 UNCH 49.9 0.090 37.4
1.130 0.930 0.990 0.990 5606PA GOLDIS-PA 0.990 UNCH 2.3 0.000 451.2 1.197 0.883 0.980 0.960 3247 GUH 0.975 0.005 48.5 1.002 13.91 5.13 271.0
0.175 0.040 5187 HBGLOB 0.085 39.8 0.905 0.320 0.510 0.490 5151 HALEX 0.505 0.010 369 0.000 23.27 53.5
6.366 3.717 5.900 5.800 3301 HLIND 5.810 -0.040 119.1 5.229 10.34 4.99 1,905.1 5.150 3.226 4.790 4.700 5168 HARTA 4.730 UNCH 1352.3 7.383 35.01 1.37 7,761.3
1.180 0.415 1.120 1.090 5160 HOMERIZ 1.090 -0.010 1995 0.567 14.79 3.88 327.0 3.500 2.650 7105 HCK 3.060 16.79 169.6
0.552 0.304 0.465 0.450 7213 HOVID 0.455 -0.005 5252.8 0.340 16.43 2.20 358.4 1.300 0.356 1.180 1.140 5095 HEVEA 1.140 -0.040 4519.3 0.911 9.88 0.99 481.6
3.500 2.680 3.160 3.160 7141 HUATLAI 3.160 UNCH 13 0.000 4.86 273.7 0.955 0.625 0.910 0.885 3298 HEXZA 0.895 0.005 347.8 0.672 12.79 4.47 179.3
1.377 0.724 1.270 1.200 5024 HUPSENG 1.220 -0.020 568.1 6.066 20.93 2.87 976.0 0.728 0.230 0.265 0.255 5072 HIAPTEK 0.260 0.005 201.9 0.719 1.15 186.8
0.510 0.340 0.365 0.365 8478 HWATAI 0.365 -0.015 2.5 0.390 27.3 1.510 0.620 0.680 0.665 5199 HIBISCS 0.670 0.010 5710.2 2.033 657.1
3.161 1.341 2.170 2.110 5107 IQGROUP 2.110 -0.070 6 0.544 9.12 3.79 185.7 1.360 0.755 7033 HIGHTEC 1.190 7.21 2.94 48.3
1.070 0.596 0.890 0.860 7152 JAYCORP 0.880 -0.015 299.8 0.585 15.04 3.98 120.8 1.040 0.530 0.740 0.730 8443 HIL 0.735 -0.005 12.8 0.000 9.47 2.04 204.9
1.170 0.385 0.715 0.670 8931 JERASIA 0.700 0.020 401.4 0.000 5.78 57.4 0.440 0.310 5165 HOKHENG 0.400 34.19 32.0
3.680 1.766 3.380 3.290 5247 KAREX 3.340 0.040 1000 3.250 34.94 0.50 2,232.0 0.145 0.050 0.065 0.060 2739 HUAAN 0.060 UNCH 165 0.142 67.3
2.830 1.284 2.430 2.420 7216 KAWAN 2.430 0.020 50.5 1.280 18.84 0.82 494.9 4.315 2.986 3.400 3.380 5000 HUMEIND 3.380 -0.030 84.9 1.233 28.50 0.89 1,619.3
0.545 0.095 8303 KFM 0.145 9.9 0.185 0.065 0.080 0.070 9601 HWGB 0.075 0.005 2519.6 0.211 45.1
0.935 0.450 0.700 0.690 6203 KHEESAN 0.695 -0.005 173 0.503 12.21 62.0 0.970 0.760 0.795 0.780 9687 IDEALUBB 0.780 -0.010 8 1.000 54.8
2.632 1.742 2.250 2.250 7062 KHIND 2.250 0.160 3 2.877 10.28 3.11 90.1 1.950 1.170 1.690 1.620 7222 IMASPRO 1.690 0.040 203 0.000 13.51 2.07 135.2
1.500 0.920 0002 KOTRA 1.080 135.0 142.9 0.500 0.250 0.295 0.270 7183 IRETEX 0.275 UNCH 2174.5 1.655 36.4
0.155 0.075 0.110 0.095 5172 KSTAR 0.100 -0.005 2271.5 0.113 26.6 0.131 0.045 0.055 0.055 7223 JADI 0.055 UNCH 10 0.000 51.8
7.500 3.014 7.000 6.950 7006 LATITUD 7.000 UNCH 26.7 1.553 8.53 680.5 0.265 0.135 0.155 0.155 8648 JASKITA 0.155 -0.005 155 0.150 15.50 1.94 69.7
5.600 2.950 5.390 5.170 9385 LAYHONG 5.380 -0.010 8.4 0.000 13.82 281.6 0.460 0.150 2747 JAVA 0.215 37.3
0.285 0.130 0.170 0.160 7943 LCHEONG 0.165 -0.010 21.2 0.000 10.9 1.280 0.920 7043 JMR 1.070 167.19 2.80 135.7
0.405 0.150 0.305 0.295 8079 LEESK 0.300 UNCH 1268.2 0.000 10.75 50.3 1.860 1.210 1.860 1.780 7167 JOHOTIN 1.800 0.020 880.2 1.762 8.92 1.94 167.9
7.250 2.210 7.200 7.060 7089 LIIHEN 7.080 -0.030 85.3 1.650 11.49 2.90 424.8 2.108 1.060 1.290 1.260 4383 JTIASA 1.270 -0.020 753.5 2.390 35.67 1.18 1,236.6
0.925 0.550 0.765 0.755 7126 LONBISC 0.755 -0.005 481 0.696 9.39 140.8 0.328 0.145 0.190 0.180 0054 KARYON 0.190 0.010 363.2 0.359 10.86 2.11 90.4
2.388 1.187 1.790 1.760 7085 LTKM 1.770 0.010 180.7 2.636 8.90 3.29 230.3 0.495 0.360 0.485 0.475 7199 KEINHIN 0.485 0.020 166.1 0.360 11.02 2.06 48.0
5.700 2.364 5.600 5.390 7087 MAGNI 5.400 -0.160 226.2 2.282 10.15 1.48 585.8 0.710 0.430 0.545 0.520 6211 KIALIM 0.540 0.020 138 0.000 4.24 33.4
0.255 0.080 0.110 0.105 5189 MAXWELL 0.110 0.005 165.3 0.292 3.94 44.0 3.220 2.730 3.110 3.090 3522 KIANJOO 3.100 UNCH 20.1 3.204 10.04 1,376.9
1.850 1.160 1.330 1.320 3662 MFLOUR 1.330 UNCH 103 1.465 14.57 4.14 715.8 2.260 1.031 1.990 1.970 5371 KIMHIN 1.970 UNCH 64 1.250 10.52 3.05 306.6
1.300 0.850 7935 MILUX 0.925 50.3 0.240 0.110 0.135 0.125 5060 KINSTEL 0.130 0.005 834.7 0.155 1.46 136.4
1.417 1.046 5886 MINTYE 1.170 18.11 2.56 71.1 2.241 1.174 1.640 1.600 9466 KKB 1.620 -0.010 314.7 2.679 9.72 2.47 417.6
5.357 4.620 4.900 4.760 5202 MSM 4.900 0.100 10.6 5.000 12.00 4.90 3,444.6 0.826 0.379 0.580 0.555 7164 KNM 0.565 0.030 142737 0.430 15.78 1,108.7
0.190 0.065 0.100 0.100 5150 MSPORTS 0.100 UNCH 1314 0.174 4.05 51.8 1.260 0.902 1.150 1.130 6971 KOBAY 1.150 0.020 6.4 0.000 7.24 2.61 78.3
1.526 1.100 3921 MWE 1.230 19.37 1.08 284.8 0.660 0.335 0.405 0.375 7017 KOMARK 0.400 0.010 155.3 0.605 49.9
73.817 63.743 73.400 73.200 4707 NESTLE 73.400 0.200 3.7 68.567 30.73 3.27 17,212.3 8.250 4.142 7.880 7.740 7153 KOSSAN 7.740 -0.140 2189.6 3.703 29.62 1.03 4,949.5
2.735 2.201 2.400 2.400 7060 NHFATT 2.400 UNCH 7 2.915 13.32 4.17 180.4 0.600 0.250 7130 KPOWER 0.470 26.5
0.245 0.080 0.110 0.100 7139 NICE 0.110 0.010 311 0.135 30.7 6.209 4.320 5.110 5.050 3476 KSENG 5.080 0.010 13.8 7.467 10.98 1.97 1,836.3
0.445 0.212 0.270 0.265 7215 NIHSIN 0.265 UNCH 811 0.156 63.10 1.89 62.7 0.692 0.330 0.400 0.400 5192 KSSC 0.400 0.010 35 0.000 11.59 5.00 38.4
0.810 0.592 0.730 0.715 5066 NTPM 0.715 UNCH 51 0.704 16.36 1.02 803.1 0.750 0.420 0.490 0.490 8362 KYM 0.490 UNCH 42 0.983 36.57 73.4
0.740 0.455 0.500 0.490 7071 OCR 0.500 0.005 100.4 0.268 102.9 10.612 8.306 9.440 9.210 3794 LAFMSIA 9.220 -0.050 307.3 9.834 32.26 3.47 7,834.2
1.603 0.583 1.480 1.450 7107 OFI 1.450 -0.020 25.1 2.311 14.29 2.41 348.0 0.682 0.384 0.500 0.495 9326 LBALUM 0.495 UNCH 63 0.530 12.63 4.04 123.0
7.863 6.355 7.000 6.970 4006 ORIENT 7.000 0.030 5.8 8.629 13.37 1.71 4,342.8 0.700 0.213 0.665 0.655 5092 LCTH 0.655 -0.005 1349.5 0.221 14.00 0.76 235.8
1.731 1.252 1.480 1.450 7052 PADINI 1.450 -0.010 524.8 1.769 11.90 6.90 954.0 0.605 0.420 0.460 0.445 5232 LEONFB 0.455 UNCH 579.9 0.474 5.52 6.59 141.1
22.219 16.951 21.180 20.760 3719 PANAMY 20.760 -0.420 2 22.684 11.71 2.41 1,261.1 0.215 0.110 0.140 0.135 8745 LEWEKO 0.135 UNCH 1182.4 0.175 43.5
0.747 0.577 5022 PAOS 0.670 46.53 3.73 80.9 0.080 0.030 0.055 0.050 3581 LIONCOR 0.050 UNCH 1136.8 0.095 65.8
0.300 0.200 9407 PARAGON 0.220 15.4 0.139 0.070 0.090 0.090 2887 LIONDIV 0.090 UNCH 153.3 0.205 125.3
0.630 0.275 0.520 0.470 6068 PCCS 0.500 -0.020 151.7 0.470 30.0 0.630 0.220 0.330 0.315 4235 LIONIND 0.330 UNCH 433.8 0.761 236.9
1.280 0.755 0.915 0.895 5231 PELIKAN 0.915 0.020 10 0.606 506.3 0.305 0.170 0.190 0.190 9881 LSTEEL 0.190 UNCH 7 0.290 24.3
0.375 0.165 0.200 0.195 4081 PMCORP 0.195 UNCH 93 0.258 51.32 150.8 0.120 0.065 0.095 0.090 5068 LUSTER 0.090 0.005 49575 0.091 155.9
0.595 0.352 5080 POHKONG 0.475 14.26 2.11 194.9 4.250 2.648 3.530 3.480 9199 LYSAGHT 3.530 0.030 17.1 0.000 8.65 146.8
3.690 1.075 3.520 3.380 7088 POHUAT 3.400 -0.100 667.1 0.837 10.56 3.24 385.5 1.006 0.330 5098 MASTEEL 0.400 1.63 97.8
16.200 13.212 16.000 15.560 4065 PPB 15.680 0.240 482.7 14.816 18.19 1.53 18,588.6 0.884 0.510 0.700 0.635 7029 MASTER 0.660 0.020 50.3 0.558 8.07 1.52 36.0
0.607 0.463 7190 PPG 0.475 12.50 4.21 47.5 0.480 0.320 8095 MAYPAK 0.400 16.8
2.730 0.929 2.520 2.460 8966 PRLEXUS 2.500 -0.020 318.9 1.000 12.51 1.10 291.3 0.900 0.660 0.770 0.750 5152 MBL 0.755 -0.010 19 1.019 14.33 3.97 69.5
1.560 0.990 1.270 1.260 7134 PW 1.270 0.010 40 0.711 8.98 6.30 95.9 0.440 0.190 0.230 0.220 3778 MELEWAR 0.220 -0.010 40.3 0.231 49.9
2.476 1.258 2.350 2.330 7237 PWROOT 2.340 0.040 61.6 1.828 14.78 2.99 710.8 0.960 0.515 0.650 0.620 5223 MENTIGA 0.650 0.030 20 0.000 11.82 45.5
4.255 3.031 4.150 4.100 7084 QL 4.100 -0.020 923.2 4.165 26.78 1.04 5,116.9 1.470 1.091 8192 MERCURY 1.100 8.84 5.45 44.2
1.710 1.000 9946 REX 1.500 555.5 92.5 0.850 0.105 7059 METALR 0.200 9.6
2.800 1.295 2.630 2.580 5252 SASBADI 2.600 UNCH 14 0.000 22.87 1.15 330.2 2.100 1.640 1.900 1.900 6149 METROD 1.900 0.010 1.5 1.820 13.54 3.16 228.0
0.585 0.365 0.475 0.465 5157 SAUDEE 0.470 UNCH 327.1 0.229 42.3 1.220 0.355 0.940 0.915 5001 MIECO 0.925 -0.005 1418 0.335 6.94 194.3
0.700 0.340 0.640 0.640 7180 SERNKOU 0.640 -0.005 0.1 0.200 35.56 76.8 0.175 0.060 0.070 0.065 7219 MINETEC 0.065 UNCH 234 0.165 43.2
0.700 0.320 0.640 0.625 7165 SGB 0.640 UNCH 97.7 0.000 66.9 1.920 0.700 1.290 1.270 5576 MINHO 1.270 UNCH 583.4 0.000 9.12 139.5
1.820 0.685 1.660 1.600 7412 SHH 1.620 -0.030 230 0.000 12.30 1.23 81.0 0.575 0.300 0.380 0.365 7595 MLGLOBAL 0.380 0.010 40 0.000 1.76 34.1
3.270 1.465 2.350 2.260 7246 SIGN 2.290 -0.050 670.4 1.371 7.59 1.75 274.8 3.180 2.090 2.400 2.400 5916 MSC 2.400 0.040 10 0.000 240.0
0.080 0.040 0.045 0.040 8532 SINOTOP 0.045 -0.005 2773.7 0.066 75.00 88.9 1.904 1.040 1.240 1.220 3883 MUDA 1.220 -0.010 21 0.911 23.33 2.46 372.2
2.190 1.710 1.900 1.840 7103 SPRITZER 1.880 0.040 265.7 1.802 11.35 2.13 267.7 1.568 0.855 0.990 0.930 7004 MULTICO 0.990 0.060 10.3 1.685 8.08 44.0
0.864 0.730 0.775 0.775 7186 SWSCAP 0.775 -0.035 4 0.256 1.29 98.0 0.410 0.210 5087 MYCRON 0.300 12.05 85.1
0.654 0.365 0.475 0.465 7082 SYF 0.475 0.010 1087.8 0.000 10.77 290.3 1.160 0.120 7002 NAKA 0.125 6.9
0.635 0.280 0.380 0.370 7211 TAFI 0.380 0.020 25 0.300 54.29 30.4 0.160 0.100 5025 NWP 0.120 38.4
4.517 2.262 2.530 2.410 4405 TCHONG 2.500 0.020 109.1 6.522 31.93 2.00 1,680.0 0.705 0.470 0.530 0.520 4944 NYLEX 0.530 0.005 39.9 0.530 13.84 5.66 103.0
0.701 0.355 0.500 0.480 7200 TEKSENG 0.500 0.020 420.2 0.000 17.12 2.00 125.6 1.080 0.515 0.880 0.870 7140 OKA 0.875 -0.005 96.5 0.912 8.65 3.43 136.3
2.220 1.060 1.610 1.550 7252 TEOSENG 1.580 0.030 1323.8 0.600 9.48 2.11 474.0 1.404 0.848 0.960 0.955 5065 ORNA 0.960 0.005 14 0.747 8.24 2.60 72.2
1.625 1.250 1.280 1.280 9369 TGL 1.280 0.020 8 1.593 11.43 5.86 52.2 0.125 0.050 0.065 0.060 7225 PA 0.065 UNCH 23.4 0.145 61.5
0.584 0.445 0.530 0.530 7230 TOMEI 0.530 UNCH 2 0.657 1.89 73.5 6.700 4.519 6.700 6.450 5183 PCHEM 6.540 0.140 12122.1 6.740 22.35 2.45 52,320.0
0.625 0.350 0.520 0.515 7176 TPC 0.515 -0.035 18 0.369 8.48 41.2 0.625 0.375 0.580 0.565 9997 PENSONI 0.575 0.015 285 0.558 4.20 4.35 74.6
11.645 7.410 8.490 8.150 4588 UMW 8.380 0.270 2491.6 12.391 19.27 4.89 9,790.3 4.674 3.448 4.650 4.600 5436 PERSTIM 4.600 -0.050 1.3 3.869 9.89 7.61 456.8
1.796 1.337 1.680 1.670 7757 UPA 1.680 0.080 21.4 1.330 8.30 4.76 133.7 0.330 0.045 0.145 0.135 5146 PERWAJA 0.140 -0.005 1294.4 0.127 78.4
0.600 0.408 7203 WANGZNG 0.600 6.94 4.17 96.0 23.670 20.194 23.300 22.400 6033 PETGAS 22.600 UNCH 1312.6 23.904 19.81 1.90 44,719.3
0.195 0.084 0.125 0.120 5156 XDL 0.120 -0.005 5436.9 0.329 9.02 161.7 3.230 2.300 3.150 3.120 3042 PETRONM 3.130 UNCH 123.9 3.040 11.42 845.1
0.670 0.220 0.510 0.480 7121 XIANLNG 0.490 -0.040 286 0.230 41.88 35.6 7.030 5.007 6.800 6.780 7095 PIE 6.800 UNCH 3.5 6.873 12.80 1.76 522.3
0.690 0.327 0.495 0.485 5155 XINQUAN 0.490 0.010 433.1 0.830 1.08 4.08 165.7 1.372 0.781 0.975 0.950 7172 PMBTECH 0.970 -0.005 15.4 0.670 11.24 4.12 77.6
2.214 1.220 1.860 1.810 5584 YEELEE 1.860 0.060 90.5 1.310 14.55 1.61 340.4 3.428 1.400 2.170 2.100 8869 PMETAL 2.150 0.060 2211.9 2.358 12.44 4.88 2,792.5
0.365 0.190 7184 YEN 0.190 23.8 1.090 0.900 1.040 1.040 6637 PNEPCB 1.040 0.050 10 0.409 800.00 68.4
1.170 0.766 0.960 0.945 5159 YOCB 0.945 0.005 144 0.871 8.10 4.23 151.2 0.510 0.335 8117 POLY 0.375 12.54 60.0
3.490 1.165 2.570 2.480 7178 YSPSAH 2.490 -0.080 69.4 1.336 14.50 2.61 334.9 0.905 0.535 0.820 0.810 8273 PPHB 0.810 UNCH 17.6 1.000 6.77 89.0
2.280 1.390 1.590 1.480 5131 ZHULIAN 1.580 0.100 160.8 4.939 16.04 4.43 726.8 0.380 0.290 9458 PREMIER 0.355 136.54 119.6
INDUSTRIAL PRODUCTS 0.557 0.384 9873 PRESTAR 0.440 7.97 4.55 80.1
1.260 0.717 1.000 0.990 0012 3A 0.990 0.005 166.5 0.893 19.57 1.41 389.7 0.793 0.450 0.720 0.700 7168 PRG 0.710 0.005 501.6 0.000 20.17 1.41 103.0
0.210 0.110 0.150 0.125 7086 ABLEGRP 0.140 0.010 5019.2 0.142 82.35 36.9 0.230 0.110 0.145 0.130 7123 PWORTH 0.140 0.010 11228 0.236 25.00 68.9
0.640 0.324 0.550 0.545 7061 ABRIC 0.550 UNCH 186.7 0.280 77.3 1.800 1.130 1.500 1.500 7544 QUALITY 1.500 UNCH 3 0.000 86.9
0.650 0.240 7131 ACME 0.300 9.38 65.5 0.900 0.630 7498 RALCO 0.820 12.46 34.4
1.070 0.760 0.915 0.910 7191 ADVENTA 0.910 0.005 31 1.061 38.24 139.0 6.330 4.960 6.230 6.130 7765 RAPID 6.220 -0.040 79.5 3.770 543.9
2.520 1.772 2.010 2.000 9148 ADVPKG 2.000 UNCH 13 0.000 14.43 5.00 41.0 0.370 0.240 0.260 0.260 7232 RESINTC 0.260 -0.005 10.2 0.280 6.31 35.7
0.850 0.548 0.770 0.745 7803 RUBEREX 0.750 -0.010 507.1 0.766 16.59 2.00 172.0
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE F I N AN C I AL DAI LY
34 Markets MO

BURSA MAL AYSIA MAIN MARKET

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

4.653 3.154 3.600 3.600 5134 SAB 3.600 UNCH 5.3 2.844 16.24 1.39 493.0 1.328 0.966 1.180 1.140 5056 ENGTEX 1.160 0.020 1202.8 1.658 7.39 0.86 344.6 2
6.100 2.170 5.980 5.920 9822 SAM 5.980 0.060 63.2 2.586 10.86 2.00 515.9 2.284 1.500 1.720 1.710 6939 FIAMMA 1.720 -0.030 5.5 1.888 6.74 5.23 248.9 PROP
1.387 0.800 0.865 0.850 7811 SAPIND 0.860 0.010 25 1.447 13.96 6.98 62.6 0.911 0.450 0.525 0.515 9318 FITTERS 0.520 0.005 870.5 0.750 14.44 5.27 249.7 1
1.553 1.130 1.370 1.350 5170 SCABLE 1.360 0.010 36 1.541 8.62 1.65 431.2 1.735 1.250 1.470 1.460 7210 FREIGHT 1.460 0.040 712.2 1.540 12.40 3.42 252.6 1
2.610 0.977 2.570 2.540 7247 SCGM 2.540 -0.040 89.3 0.870 18.14 3.67 304.8 0.340 0.110 0.180 0.175 0128 FRONTKN 0.180 0.005 16007.9 0.075 9.84 189.6 0
1.170 0.700 0.780 0.770 9237 SCIB 0.775 -0.010 789.3 0.491 57.0 0.450 0.110 9377 FSBM 0.190 24.3 0
7.750 6.348 7.750 7.500 4731 SCIENTX 7.690 0.240 323.8 5.621 10.93 2.86 1,768.7 3.375 1.892 2.440 2.410 5209 GASMSIA 2.440 UNCH 96.8 3.875 22.49 4.74 3,133.0 1
1.050 0.280 0.345 0.335 7239 SCNWOLF 0.340 UNCH 313.7 0.299 29.8 1.840 0.820 1.190 1.170 0078 GDEX 1.180 UNCH 320.5 2.952 49.58 0.71 1,458.9 0
0.455 0.230 0.260 0.250 7366 SCOMIEN 0.260 0.015 260 0.430 40.63 88.9 4.620 3.716 4.500 4.360 4715 GENM 4.420 -0.060 5892.1 4.211 21.45 1.43 26,246.2 0
1.128 0.526 0.710 0.670 7073 SEACERA 0.690 -0.015 443.5 0.893 25.27 4.35 125.4 9.774 6.510 7.840 7.710 3182 GENTING 7.810 0.140 4278.4 10.196 22.09 0.51 29,234.4 1
0.460 0.250 0.340 0.320 5145 SEALINK 0.325 UNCH 4663.8 0.403 25.39 162.5 1.660 0.960 1.650 1.610 3204 GKENT 1.640 0.030 1047.1 1.081 14.56 3.23 492.7 2
0.710 0.370 5163 SEB 0.420 4.76 33.6 0.524 0.380 0.415 0.400 7676 GUNUNG 0.410 0.005 311.5 0.883 10.90 1.46 96.8 2
6.000 4.400 5.930 5.830 4324 SHELL 5.830 -0.100 26.2 6.998 1,749.0 2.537 1.890 2.350 2.310 7668 HAIO 2.350 0.010 75.8 2.644 15.23 6.38 475.1 3
0.648 0.365 0.465 0.435 5181 SIGGAS 0.465 UNCH 98.6 0.580 10.18 1.51 87.2 0.070 0.060 7110 HAISAN 0.065 5.2 1
0.850 0.440 7115 SKBSHUT 0.650 26.0 0.455 0.265 0.380 0.355 7253 HANDAL 0.360 0.005 182.7 0.468 7.11 57.6 2
1.556 0.551 1.400 1.350 7155 SKPRES 1.380 0.020 3615.5 0.320 26.04 1.42 1,494.8 5.940 3.416 5.940 5.870 3034 HAPSENG 5.910 -0.020 357.3 2.654 11.99 4.23 13,283.6 0
1.850 0.478 1.770 1.710 7248 SLP 1.720 -0.050 276.8 0.420 23.66 1.45 425.4 2.980 1.350 2.570 2.540 2062 HARBOUR 2.540 -0.050 74.7 0.869 8.88 0.98 462.3 2
0.845 0.581 7132 SMISCOR 0.780 20.47 3.21 34.9 3.879 2.969 5008 HARISON 3.100 10.27 4.84 212.3 1
1.508 0.730 0.870 0.870 5665 SSTEEL 0.870 UNCH 1.9 1.597 364.9 0.050 0.010 0.015 0.010 7013 HUBLINE 0.015 UNCH 323.5 0.048 48.8 2
0.543 0.200 0.250 0.250 7143 STONE 0.250 UNCH 525 0.635 22.5 1.480 0.250 0.390 0.375 5255 ICON 0.380 0.010 5633.4 0.000 8.86 447.3 1
2.183 1.500 6904 SUBUR 1.660 122.0 3.01 346.9 6.450 4.576 6.360 6.200 5225 IHH 6.200 -0.010 6691.8 4.042 64.52 0.48 50,984.3 0
1.930 1.300 1.350 1.330 7207 SUCCESS 1.330 UNCH 168 1.224 6.85 6.02 159.6 0.910 0.599 0.845 0.820 5614 ILB 0.845 0.015 28.7 0.723 4.14 150.4 1
1.880 0.521 1.800 1.780 7235 SUPERLN 1.800 0.010 147.4 0.472 11.80 1.67 144.0 1.630 0.790 1.290 1.110 5673 IPMUDA 1.110 0.030 53 0.670 6.51 80.4 0
2.644 1.524 2.060 2.030 7106 SUPERMX 2.050 0.020 1508.9 2.636 15.14 2.44 1,394.3 0.430 0.205 0.245 0.235 8923 JIANKUN 0.240 -0.010 90.6 0.322 36.4 0
3.884 3.115 3.800 3.780 5012 TAANN 3.790 UNCH 631.5 4.033 11.17 5.28 1,405.1 2.775 1.450 1.870 1.800 0058 JOBST 1.850 0.050 43.8 0.000 4.09 11.89 259.0 1
0.445 0.240 4022 TADMAX 0.280 1.92 124.7 0.670 0.360 0.390 0.390 8672 KAMDAR 0.390 0.015 10 0.000 8.86 77.2 1
1.030 0.370 0.530 0.515 5149 TAS 0.515 0.005 306.6 1.134 7.22 92.7 0.450 0.215 0.315 0.315 5079 KBES 0.315 UNCH 103 0.275 39.7 0
15.886 14.020 14.860 14.860 4448 TASEK 14.860 -0.060 10.9 0.000 17.40 4.71 1,837.0 2.067 1.638 1.820 1.800 6491 KFIMA 1.810 -0.020 312.7 1.978 9.47 4.70 501.0 2
15.723 13.194 4448P TASEK-PA 15.100 3.05 5.1 0.457 0.250 0.335 0.330 0151 KGB 0.335 UNCH 22.6 0.000 14.44 2.99 73.7 2
0.240 0.080 0.115 0.115 5178 TATGIAP 0.115 -0.005 5 0.250 17.8 1.944 1.420 1.560 1.560 5035 KNUSFOR 1.560 UNCH 2 0.000 5.54 3.21 155.4 0
0.540 0.215 7097 TAWIN 0.220 14.1 4.389 3.472 4.230 4.210 5878 KPJ 4.210 UNCH 305.4 6.116 28.68 1.92 4,437.1 2
1.130 0.700 1.050 0.950 7439 TECGUAN 1.050 0.070 34.3 0.000 28.69 42.1 1.741 1.031 1.420 1.370 5843 KPS 1.380 0.020 1727.5 2.191 6.49 2.90 688.6 2
1.520 0.685 1.330 1.280 9741 TECNIC 1.300 UNCH 168.7 2.939 0.50 52.5 0.555 0.350 0.440 0.425 9121 KPSCB 0.440 0.010 673 0.462 4.94 65.0 2
0.420 0.220 0.250 0.250 6378 TEKALA 0.250 -0.005 1.4 0.345 38.2 0.450 0.190 0.235 0.215 4847 KTB 0.225 0.010 5987 0.152 11.48 90.6 0
2.390 1.650 1.920 1.910 7034 TGUAN 1.910 -0.030 15 1.801 16.48 3.66 201.0 0.545 0.270 0.335 0.325 6874 KUB 0.330 0.005 1043.9 0.429 31.43 183.6 1
2.054 1.562 7374 TIENWAH 1.700 13.63 4.71 164.0 0.285 0.120 0.270 0.265 7170 LFECORP 0.270 UNCH 160 0.151 26.21 22.9 0
0.820 0.640 0.750 0.750 7854 TIMWELL 0.750 UNCH 2 0.600 66.8 0.900 0.500 0.670 0.620 8486 LIONFIB 0.670 0.005 32.6 1.000 155.2 0
2.440 1.146 2.370 2.340 7285 TOMYPAK 2.340 -0.020 131.7 1.426 14.98 2.56 256.2 1.630 0.637 1.630 1.570 5143 LUXCHEM 1.570 -0.020 762.5 1.286 18.58 3.18 415.5 1
2.300 1.660 1.820 1.790 5010 TONGHER 1.810 0.040 48.8 1.795 11.30 6.63 230.6 2.909 2.421 2.700 2.620 3859 MAGNUM 2.690 0.040 775.4 3.264 14.90 7.43 3,867.5 2
8.550 4.078 8.170 7.940 7113 TOPGLOV 7.990 0.010 3036.2 5.730 22.11 2.13 4,993.7 1.879 1.180 1.710 1.680 5264 MALAKOF 1.700 -0.010 4606.5 0.000 3.47 8,500.0 0
0.773 0.530 0.620 0.620 7173 TOYOINK 0.620 -0.010 1.5 0.000 45.93 1.61 66.3 0.190 0.135 0.155 0.150 3514 MARCO 0.155 0.005 577 0.150 7.79 1.29 163.4 1
0.250 0.140 4359 TURIYA 0.145 16.11 33.2 7.144 6.083 6.920 6.800 6012 MAXIS 6.800 -0.010 5871.3 7.027 31.04 5.00 51,066.0 1
1.696 1.208 1.590 1.580 7100 UCHITEC 1.580 -0.010 199.3 1.400 14.03 6.33 619.5 1.605 0.775 0.965 0.935 5077 MAYBULK 0.965 0.040 677.7 1.704 1.04 965.0 0
4.470 1.370 4.390 4.350 7133 ULICORP 4.350 -0.010 655.5 1.014 25.82 3.22 631.6 3.457 2.507 2.770 2.710 5983 MBMR 2.770 0.060 169.7 3.599 8.88 2.89 1,082.3 1
0.971 0.641 0.775 0.765 7227 UMSNGB 0.765 0.005 6.2 0.920 5.55 3.27 61.2 2.001 1.011 1.390 1.310 4502 MEDIA 1.360 -0.030 341.5 2.650 19.97 8.09 1,508.5 1
0.945 0.540 4995 VERSATL 0.730 85.7 0.882 0.500 0.575 0.555 5090 MEDIAC 0.570 0.005 148.4 1.005 2.51 5.95 961.7 1
1.510 0.396 1.440 1.410 6963 VS 1.430 UNCH 6230.7 1.368 3.20 2.52 1,660.9 1.010 0.650 7234 MESB 0.855 21.76 35.9 2
1.671 1.127 1.260 1.240 5142 WASEONG 1.250 0.010 241.5 1.682 9.46 3.60 968.6 2.610 1.886 2.550 2.530 3069 MFCB 2.550 UNCH 119 1.976 7.77 3.14 620.5 1
0.445 0.260 7226 WATTA 0.280 23.7 2.910 0.895 1.200 1.140 5186 MHB 1.160 0.030 4062.4 3.738 16.98 1,856.0 0
1.780 1.200 1.630 1.610 7111 WEIDA 1.630 0.010 47.1 1.686 9.00 1.84 217.3 9.296 6.365 8.980 8.830 3816 MISC 8.830 -0.020 7444 1.000 14.82 1.53 39,415.3 0
2.370 1.318 2.320 2.300 7231 WELLCAL 2.320 -0.010 532.3 3.453 21.26 3.97 769.5 2.754 1.490 2.300 2.280 2194 MMCCORP 2.300 UNCH 425.9 2.820 4.18 1.52 7,003.6 0
0.700 0.470 0.535 0.510 7050 WONG 0.520 -0.015 30.3 0.505 47.7 0.621 0.330 0.420 0.405 0059 MMODE 0.415 0.010 342.7 0.686 8.76 2.41 67.5 0
0.650 0.420 7025 WOODLAN 0.580 21.64 23.2 0.125 0.065 0.075 0.070 0043 MTRONIC 0.075 0.005 2472.1 0.094 37.50 56.9 3
2.460 1.880 2.200 2.200 5009 WTHORSE 2.200 0.010 23 1.876 7.99 4.55 528.0 0.330 0.155 0.190 0.190 3891 MUIIND 0.190 UNCH 477.8 0.201 557.2 0
1.265 0.895 1.040 1.010 4243 WTK 1.030 0.010 316.3 1.259 18.69 1.78 495.8 0.435 0.270 0.320 0.300 3905 MULPHA 0.315 0.010 9507.2 0.424 3.87 742.1 0
2.640 1.110 1.240 1.170 7245 WZSATU 1.240 0.040 333.7 0.904 17.64 313.6 3.070 2.500 2.750 2.690 0138 MYEG 2.730 0.050 4288.4 2.509 47.89 0.55 3,281.7 1
1.176 0.800 5048 YILAI 0.875 11.38 2.29 140.0 1.160 0.560 9806 NATWIDE 0.650 3250.0 39.1 1
0.350 0.170 0.220 0.215 7020 YKGI 0.215 -0.005 33.4 1.000 74.9 4.520 2.064 4.350 4.320 5509 NCB 4.340 0.020 96.4 3.644 52.29 1.61 2,040.9 0
0.875 0.535 7014 YLI 0.720 73.1 0.140 0.075 0.095 0.090 4464 NICORP 0.095 0.005 2486 0.115 74.3 3
CONSTRUCTION 1.007 0.587 5533 OCB 0.800 13.82 2.50 82.3 3
0.530 0.260 7007 ARK 0.290 16.48 13.3 1.003 0.615 0.840 0.825 0172 OCK 0.830 -0.005 819.6 0.816 20.05 438.4 2
0.728 0.505 0.680 0.650 7078 AZRB 0.670 0.035 296.5 0.931 17.01 2.99 324.0 1.776 1.231 1.360 1.330 5201 OLDTOWN 1.350 UNCH 382.3 2.573 13.31 4.44 625.4 2
1.432 0.540 0.695 0.685 6173 BDB 0.685 -0.010 48 0.000 4.98 5.11 208.1 0.185 0.085 0.110 0.105 3018 OLYMPIA 0.105 -0.005 145.5 0.124 4.13 107.5 2
0.925 0.510 0.615 0.595 5190 BENALEC 0.600 UNCH 1609.8 0.888 60.00 0.50 487.1 2.990 0.680 2.270 2.240 5260 OWG 2.260 -0.010 222.7 0.000 27.00 418.1 0
0.650 0.330 0.470 0.440 5932 BPURI 0.460 0.015 552.8 0.799 14.79 4.35 100.1 0.501 0.378 0.435 0.435 8419 PANSAR 0.435 0.010 86.4 0.494 8.18 5.17 121.8 1
1.226 0.860 0.985 0.970 8761 BREM 0.970 UNCH 20 1.255 7.69 3.09 335.1 1.012 0.456 0.640 0.625 5125 PANTECH 0.630 0.010 1129.2 0.994 9.63 4.10 388.4 2
1.476 0.950 1.020 0.990 8591 CRESBLD 1.020 0.045 8 1.480 7.02 3.68 176.2 2.457 0.990 1.140 1.120 5657 PARKSON 1.130 0.010 762 3.506 65.70 1,236.1 0
1.879 1.475 7528 DKLS 1.710 7.17 1.75 158.5 1.443 0.910 1.140 1.100 5041 PBA 1.130 0.030 514.5 0.984 15.25 3.32 374.3 1
1.168 0.702 0.925 0.890 5253 ECONBHD 0.900 -0.035 2387.9 0.000 10.32 2.78 481.5 0.290 0.055 0.090 0.085 6254 PDZ 0.090 0.005 2340.9 0.080 78.2 1
1.170 0.850 0.930 0.880 8877 EKOVEST 0.930 0.020 278.5 2.720 44.71 2.15 795.6 2.790 0.880 1.330 1.290 5133 PENERGY 1.300 0.060 664.2 2.187 9.83 1.54 418.3 1
0.497 0.340 0.465 0.460 7047 FAJAR 0.465 0.005 312.5 0.603 2.69 153.4 1.739 0.985 7108 PERDANA 1.540 29.11 1.30 1,153.5 1
1.807 0.943 1.540 1.480 7161 FUTUTEC 1.540 UNCH 50.3 0.000 8.68 1.95 140.1 1.260 0.240 0.385 0.370 0047 PERISAI 0.375 0.010 34815.4 1.458 15.31 447.4 3
1.717 1.130 1.440 1.410 9261 GADANG 1.420 -0.010 674.4 1.010 5.11 2.82 333.9 0.280 0.135 0.165 0.165 7080 PERMAJU 0.165 UNCH 20 0.346 32.3 0
5.293 3.770 4.740 4.590 5398 GAMUDA 4.680 0.130 4903.1 4.762 16.15 2.56 11,259.6 6.020 2.798 5.990 5.900 5219 PESTECH 5.950 0.050 49.6 2.757 23.02 0.67 1,105.5 1
1.736 0.800 0.885 0.860 5226 GBGAQRS 0.870 0.005 600.3 1.178 8.55 2.17 340.1 23.560 14.210 23.560 23.380 5681 PETDAG 23.500 0.380 548.9 30.797 36.52 1.62 23,346.2 5
1.540 0.780 0.990 0.950 5169 HOHUP 0.985 0.045 6147.4 1.184 4.50 341.4 0.250 0.030 7027 PETONE 0.055 0.59 2.8 3
1.478 1.114 5169PA HOHUP-PA 1.360 1.84 11.0 7.372 3.929 6.550 6.480 7081 PHARMA 6.550 UNCH 283.1 4.619 17.01 5.19 1,695.7 1
1.490 1.180 5169PB HOHUP-PB 1.290 1.16 25.4 0.270 0.167 0.205 0.205 7201 PICORP 0.205 0.005 180 0.175 12.73 1.85 134.9 3
1.947 1.593 1.830 1.780 6238 HSL 1.790 -0.020 210.4 1.930 12.58 1.45 1,043.0 0.430 0.220 7163 PJBUMI 0.290 14.5 1
3.685 2.870 3.420 3.330 3336 IJM 3.360 0.060 7910.6 5.810 15.83 2.23 12,005.2 5.116 3.337 3.800 3.740 4634 POS 3.790 0.080 664.1 5.937 16.59 3.46 2,035.3 0
0.835 0.540 0.670 0.655 5268 IKHMAS 0.660 -0.005 3049.5 0.000 343.2 2.713 1.296 1.880 1.850 5204 PRESBHD 1.850 -0.020 383.2 2.589 55.06 1.76 895.4 8
0.905 0.530 0.650 0.610 8834 IREKA 0.630 -0.025 37.5 1.052 107.6 3.310 1.864 2.920 2.900 8346 PRKCORP 2.910 0.020 30 1.000 2.40 291.0 0
1.230 0.375 1.210 1.150 4723 JAKS 1.170 UNCH 5339.7 0.522 31.97 512.9 0.200 0.100 0.140 0.140 0037 RGB 0.140 UNCH 3568.4 0.115 8.28 1.79 182.3 2
0.520 0.300 0.355 0.350 9083 JETSON 0.355 0.005 326.6 0.000 66.7 0.405 0.340 0.375 0.360 8885 RPB 0.375 UNCH 26.5 0.386 322.0 0
1.220 0.740 0.890 0.860 3565 KEURO 0.890 0.035 26 1.180 67.42 892.4 0.921 0.535 0.685 0.670 8567 SALCON 0.680 0.010 1610.8 0.674 51.91 4.41 460.8 0
1.428 1.050 1.340 1.320 5171 KIMLUN 1.320 UNCH 285.4 1.845 8.31 2.88 396.7 0.770 0.572 0.750 0.700 5147 SAMCHEM 0.750 -0.015 3 0.000 13.46 4.33 102.0 0
1.500 1.060 9628 LEBTECH 1.440 58.30 196.5 0.660 0.393 0.500 0.480 7185 SAMUDRA 0.500 0.020 23.5 0.350 8.43 9.00 91.8 2
1.440 0.860 0.945 0.895 5129 MELATI 0.920 0.005 15.5 0.996 13.90 2.99 110.4 0.225 0.090 0.120 0.115 9113 SANBUMI 0.115 UNCH 85.9 0.217 21.8 1
0.495 0.305 0.360 0.360 5006 MERGE 0.360 -0.010 309 0.340 6.27 24.1 2.311 1.183 1.990 1.970 0099 SCICOM 1.970 0.020 500.9 0.654 20.91 3.68 700.2 1
1.336 0.508 1.190 1.080 9571 MITRA 1.160 0.080 10436.1 0.478 7.52 2.87 744.8 0.390 0.135 0.215 0.200 7158 SCOMI 0.205 0.005 17386.2 0.368 6.83 321.6 2
0.400 0.190 0.240 0.240 5924 MTDACPI 0.240 -0.005 2 0.523 55.6 0.805 0.230 0.300 0.285 7045 SCOMIES 0.295 0.010 7789.6 0.721 10.57 690.8 1
2.160 0.840 1.120 1.050 5085 MUDAJYA 1.100 0.060 721 2.783 8.18 607.7 1.240 0.640 1.060 1.030 7053 SEEHUP 1.060 0.050 5.8 1.000 207.84 55.3 1
2.994 1.478 2.290 2.210 5703 MUHIBAH 2.210 -0.040 1626.1 2.322 11.60 1.81 1,039.5 1.470 1.236 1.380 1.380 9792 SEG 1.380 -0.020 172 1.536 28.93 9.42 1,032.4 2
1.009 0.450 0.500 0.490 8311 PESONA 0.495 0.005 515.9 0.460 20.37 2.02 314.2 1.810 1.155 1.470 1.450 5250 SEM 1.460 -0.020 681 0.000 29.92 1.71 1,800.7 0
1.695 1.220 7055 PLB 1.290 14.95 7.75 117.8 9.599 6.700 8.990 8.680 4197 SIME 8.750 -0.010 10190.1 9.647 23.27 4.11 54,347.6 MINI
2.043 1.219 1.780 1.700 5070 PRTASCO 1.760 0.070 1264 1.391 5.11 593.2 0.933 0.751 0.800 0.800 9431 SJC 0.800 -0.100 5 0.000 50.96 1.25 32.4 1
0.235 0.115 0.150 0.145 7145 PSIPTEK 0.150 0.010 469.5 0.299 15.79 47.5 3.835 1.360 2.250 2.140 5218 SKPETRO 2.200 0.070 36937.2 4.291 15.63 0.92 13,182.7 PLAN
4.608 3.000 3.650 3.580 9598 PTARAS 3.650 0.040 30.3 6.189 11.30 4.93 594.1 1.860 0.848 1.830 1.770 5242 SOLID 1.800 0.020 742.8 0.725 31.03 1.67 297.0 1
1.050 0.477 0.855 0.820 5205 SENDAI 0.820 -0.025 2051.1 1.195 12.06 1.52 634.7 2.527 2.039 2.440 2.430 6084 STAR 2.430 -0.010 64.9 2.459 15.51 6.17 1,794.7 18
1.320 0.980 1.220 1.200 5263 SUNCON 1.210 UNCH 1567.2 0.000 11.62 1,564.4 3.500 2.250 9865 SUIWAH 2.700 15.29 2.22 164.7 8
0.530 0.300 0.420 0.380 9717 SYCAL 0.400 0.020 3876.5 0.298 3.47 128.1 0.395 0.100 0.175 0.160 1201 SUMATEC 0.165 0.010 107830 0.304 8.55 574.6 1
0.500 0.265 0.380 0.380 5054 TRC 0.380 0.005 60 0.554 23.46 0.47 182.6 2.603 1.900 2.210 2.210 6521 SURIA 2.210 UNCH 1.3 2.666 5.00 3.17 626.2 0
1.520 0.845 1.380 1.320 5622 TRIPLC 1.360 0.010 94.4 1.250 12.32 88.4 0.205 0.110 0.160 0.155 0016 SYMPHNY 0.160 0.005 1015.1 0.118 106.6 105.6 9
0.995 0.490 0.560 0.560 5042 TSRCAP 0.560 UNCH 13 0.000 10.98 1.79 65.1 0.555 0.330 0.355 0.345 5173 SYSCORP 0.345 UNCH 125 0.435 82.14 414.0 0
2.031 1.083 1.510 1.470 9679 WCT 1.500 0.030 2251.1 2.270 15.48 1.31 1,800.7 4.060 1.521 3.640 3.500 8524 TALIWRK 3.600 0.120 317.5 0.982 5.08 3.47 1,583.3 8
1.060 0.555 0.585 0.580 7028 ZECON 0.585 -0.005 52 0.770 69.7 2.219 1.187 2.040 2.040 5140 TASCO 2.040 0.030 8 2.066 15.22 2.21 408.0 3
0.395 0.225 0.270 0.265 2283 ZELAN 0.265 0.005 2800.9 0.300 4.34 223.9 16.839 10.260 12.760 12.300 5347 TENAGA 12.500 0.220 24436.3 1.000 10.61 2.32 70,545.1 11
TRADING SERVICES 1.729 0.686 1.540 1.500 8702 TEXCHEM 1.520 -0.030 39.9 0.865 34.08 9.87 188.6 1
0.666 0.150 0.215 0.205 5238 AAX 0.210 0.005 17195.8 1.040 871.1 0.575 0.290 0.415 0.405 7228 TGOFFS 0.410 0.005 467.2 0.629 156.4 1
0.781 0.315 5166 AEGB 0.495 10.10 202.9 0.735 0.130 0.225 0.210 7206 THHEAVY 0.210 0.005 26384.2 0.900 235.4 1
3.733 2.600 2.770 2.740 6599 AEON 2.740 -0.020 99.2 15.101 20.90 1.82 3,847.0 7.526 5.908 7.000 6.820 4863 TM 6.820 -0.060 8696.7 1.000 33.78 3.33 25,629.1 2
0.250 0.120 0.200 0.190 7315 AHB 0.200 0.005 246.5 0.000 15.63 32.0 0.750 0.435 0.575 0.565 0101 TMCLIFE 0.570 0.005 567 0.384 55.88 0.25 987.7 3
2.900 0.765 1.330 1.290 5099 AIRASIA 1.310 0.030 34506.5 2.412 2.29 3,645.7 1.340 0.878 1.130 1.100 8397 TNLOGIS 1.120 0.030 830.3 1.000 6.42 3.57 471.2 0
7.248 4.220 5.540 5.300 5014 AIRPORT 5.440 0.040 1597.5 8.659 12.95 1.40 9,026.0 0.560 0.370 7218 TOCEAN 0.370 43.02 15.2 1
1.140 0.365 0.545 0.530 5115 ALAM 0.535 0.025 2749 1.512 10.53 494.6 3.056 2.563 5711 TSTORE 2.900 10.90 1.29 198.7 4
0.080 0.020 0.025 0.020 0159 AMEDIA 0.025 0.005 679.4 0.089 29.9 1.321 0.866 1.080 1.050 5167 TURBO 1.050 UNCH 6 0.785 8.39 4.76 113.4 23
11.217 9.590 9.920 9.900 6351 AMWAY 9.920 0.070 7.6 12.480 17.11 4.03 1,630.7 2.943 2.300 7137 UMS 2.640 12.41 2.27 107.4 3
1.869 1.540 1.700 1.680 7083 ANALABS 1.700 UNCH 8 1.730 14.05 1.76 102.0 3.535 0.860 1.430 1.360 5243 UMWOG 1.380 0.060 9716.5 3.400 17.06 0.72 2,983.6 2
0.240 0.090 0.210 0.205 5194 APFT 0.205 UNCH 4282.2 0.311 87.4 1.689 1.200 1.280 1.260 7091 UNIMECH 1.280 -0.010 52.2 1.755 12.03 3.52 164.6 0
1.830 0.765 1.030 0.990 5210 ARMADA 0.995 0.010 43396.6 3.968 1.64 5,836.9 0.750 0.500 0.595 0.590 5754 UTUSAN 0.595 0.005 27.5 1.000 65.9 3
0.200 0.105 0.130 0.125 1481 ASB 0.125 UNCH 222.6 0.140 2.00 83.0 3.518 1.280 2.360 2.280 7250 UZMA 2.310 0.040 547.3 4.650 12.51 1.64 672.1 2
3.341 2.702 3.030 2.970 6399 ASTRO 2.990 0.030 5291 2.917 27.97 4.01 15,553.2 0.530 0.360 0.530 0.500 7240 VOIR 0.500 UNCH 20 0.000 60.0 1
4.896 4.450 4.580 4.470 7048 ATLAN 4.580 UNCH 4.7 4.675 23.95 6.00 1,161.7 3.155 2.252 5016 WARISAN 2.400 2.92 161.3 1
0.495 0.270 0.400 0.385 7579 AWC 0.390 0.005 7157 0.277 11.30 101.1 0.550 0.420 7692 WIDETEC 0.545 14.08 24.4 2
7.036 5.514 6.530 6.250 6888 AXIATA 6.380 0.170 20039.2 6.719 22.62 3.45 55,544.7 4.610 2.713 4.370 4.280 5246 WPRTS 4.290 0.010 4007.9 2.533 27.98 2.67 14,628.9 5
0.298 0.210 5021 AYS 0.260 11.21 3.85 98.9 1.460 0.755 1.250 1.230 5267 XINHWA 1.230 -0.010 137.9 0.000 12.30 221.4 0
1.400 0.705 1.030 0.980 7251 BARAKAH 1.020 0.050 5209.9 1.392 9.09 1.96 839.6 0.130 0.025 0.035 0.030 7122 YFG 0.035 UNCH 768 0.130 20.59 21.3 1
0.743 0.375 0.400 0.390 7241 BHS 0.390 -0.005 390.1 1.312 166.4 3.236 2.310 2.980 2.900 7293 YINSON 2.970 0.080 598 5.861 10.61 0.51 3,245.6 0
0.450 0.193 0.260 0.255 6998 BINTAI 0.260 0.010 892 0.320 8.41 55.8 1.052 0.434 0.595 0.580 7066 YONGTAI 0.585 UNCH 931.6 0.000 4.05 93.8 4
7.097 6.364 5032 BIPORT 6.500 23.34 3.38 2,990.0 1.677 1.349 1.570 1.550 4677 YTL 1.550 0.010 8590.6 1.611 15.05 6.13 16,730.7 3
2.882 1.790 1.980 1.810 5248 BJAUTO 1.970 0.140 13275.9 1.535 10.74 4.93 2,246.1 FINANCE 0
0.532 0.345 0.450 0.430 3395 BJCORP 0.435 UNCH 34143.4 0.525 2.43 2.30 1,884.3 15.741 10.083 13.600 13.500 5139 AEONCR 13.500 -0.100 31.1 15.436 9.62 4.40 1,944.0 6
3.218 1.960 2.290 2.230 5196 BJFOOD 2.270 UNCH 122.8 1.679 3.94 1.87 851.2 3.181 2.100 2.440 2.390 5185 AFFIN 2.390 UNCH 2184.8 4.253 8.92 6.28 4,643.6 2
0.840 0.610 0.690 0.650 4219 BJLAND 0.690 0.010 32.2 0.820 3,450.2 4.833 3.310 3.640 3.510 2488 AFG 3.640 0.140 1981.8 4.969 10.61 4.23 5,635.1 0
0.580 0.330 0.430 0.420 6025 BJMEDIA 0.430 -0.005 47.4 0.490 101.1 13.200 10.100 10.500 10.300 1163 ALLIANZ 10.420 0.140 184.5 10.400 5.89 0.48 1,764.2 1
3.484 2.906 3.210 3.160 1562 BJTOTO 3.190 0.030 780.9 3.924 12.15 5.76 4,309.8 13.400 9.900 1163PA ALLIANZ-PA 9.900 0.61 911.2 1
0.990 0.475 0.585 0.550 7036 BORNOIL 0.575 0.020 18393.3 0.489 19.49 221.2 6.535 4.170 4.840 4.770 1015 AMBANK 4.800 0.040 8030.8 7.396 8.38 5.69 14,468.1 2
1.610 0.555 0.650 0.630 9474 BRAHIMS 0.640 UNCH 306.4 1.493 151.2 1.970 1.225 1.550 1.550 5088 APEX 1.550 UNCH 1.1 1.180 16.68 7.74 331.0 6
4.906 3.722 4.070 3.970 2771 BSTEAD 3.970 UNCH 294 5.333 12.82 5.29 4,105.7 4.290 3.700 4.150 4.100 5258 BIMB 4.130 0.010 160.9 1.000 11.49 5.62 6,369.3 28
1.207 0.740 0.810 0.790 5257 CARIMIN 0.790 UNCH 248.4 0.000 184.8 8.811 7.457 8.240 8.090 1818 BURSA 8.200 0.110 1693.2 8.033 21.54 4.21 4,383.8 HOTE
1.990 1.000 1.990 1.970 5245 CARING 1.990 0.010 367.1 1.759 33.67 1.01 433.2 6.951 4.453 5.010 4.920 1023 CIMB 4.960 0.040 13347.3 7.536 17.98 1.61 42,109.4 0
3.640 1.850 3.190 3.100 2925 CCB 3.140 UNCH 239.2 2.454 9.02 316.3 1.560 0.895 1.360 1.340 2143 ECM 1.350 UNCH 161 1.068 9.23 386.9 1
1.112 0.505 0.875 0.860 7117 CENTURY 0.860 UNCH 937.1 2.050 7.54 4.65 321.2 1.409 1.182 1.290 1.270 5228 ELKDESA 1.290 0.010 225 1.512 8.81 5.60 241.9 0
0.575 0.340 7209 CHEETAH 0.410 19.07 3.05 52.3 14.820 12.300 13.960 13.440 5819 HLBANK 13.560 -0.020 1652.2 1.000 10.73 3.02 25,491.6 7
0.682 0.420 0.470 0.450 7016 CHUAN 0.470 0.010 21.8 0.458 41.23 1.21 78.6 13.880 7.400 5274 HLCAP 10.200 32.13 0.83 2,518.3 TECH
0.110 0.060 0.075 0.075 5104 CNI 0.075 0.005 135 0.105 4.00 54.0 18.015 12.500 15.000 14.620 1082 HLFG 14.800 0.020 191.7 15.806 9.59 2.57 15,581.0 1
1.040 0.650 0.740 0.710 5136 COMPLET 0.710 -0.035 191.1 0.690 78.89 4.23 86.6 2.150 1.770 2.030 2.010 6688 HWANG 2.030 0.010 11.9 4.315 10.42 1.23 518.0 0
0.065 0.040 0.045 0.045 5037 COMPUGT 0.045 UNCH 10 0.050 96.0 1.216 0.580 0.750 0.735 3379 INSAS 0.740 0.010 1292.6 0.963 5.33 1.35 513.1 0
2.621 1.390 1.760 1.740 5184 CYPARK 1.760 0.030 164.9 2.457 8.35 2.84 425.2 0.900 0.782 0.890 0.885 3379PA INSAS-PA 0.890 UNCH 74 0.000 4.49 118.0 0
0.270 0.085 0.120 0.110 0091 DAYA 0.115 0.010 37033.9 0.381 190.0 0.235 0.125 0.145 0.140 3441 JOHAN 0.140 -0.010 823.6 0.160 87.2 0
3.245 1.450 1.840 1.750 5141 DAYANG 1.820 0.100 3649.7 5.370 9.73 3.85 1,596.3 2.650 1.513 2.590 2.590 5096 KAF 2.590 UNCH 10 1.851 54.41 3.86 310.8 0
2.097 0.953 1.390 1.340 5132 DELEUM 1.350 0.080 2382.5 4.279 9.33 5.19 540.0 0.764 0.532 0.625 0.615 6483 KENANGA 0.615 UNCH 36 0.620 15.41 1.63 450.0 0
0.685 0.460 0.645 0.590 7212 DESTINI 0.620 0.020 4896 0.371 29.38 501.0 15.088 10.559 14.580 14.480 8621 LPI 14.500 0.060 38.3 16.538 14.33 3.91 4,813.8 1
1.700 1.183 1.670 1.640 7277 DIALOG 1.660 0.020 8608.7 2.979 29.91 1.27 8,467.9 0.773 0.552 0.755 0.735 1198 MAA 0.755 0.010 68 0.663 7.95 229.8 0
6.467 3.530 4.100 4.000 5908 DKSH 4.070 0.040 10.3 6.572 11.84 2.33 641.7 3.350 2.650 1058 MANULFE 2.850 16.77 3.51 576.8 1
1.724 0.986 1.470 1.430 5216 DSONIC 1.440 0.020 4183.5 9.405 44.04 1.04 1,944.0 9.368 7.744 8.620 8.510 1155 MAYBANK 8.600 0.080 16698.1 9.750 11.67 6.63 82,037.9 1
0.450 0.275 0.330 0.330 2097 EASTLND 0.330 -0.010 10 0.480 2.19 81.1 2.540 1.260 1.600 1.570 1171 MBSB 1.590 0.020 1206.5 2.620 5.35 5.89 4,513.3 0
1.500 0.441 1.250 1.220 5259 EATECH 1.240 0.020 257.2 0.000 20.33 0.81 625.0 4.440 2.990 3.420 3.420 6459 MNRB 3.420 0.020 14.6 3.648 5.39 728.7 0
0.450 0.245 5036 EDARAN 0.300 93.75 18.0 2.500 1.290 1.500 1.490 5237 MPHBCAP 1.490 0.020 137.4 1.767 16.43 1,065.4 6
0.325 0.195 0.220 0.220 7471 EDEN 0.220 UNCH 30 0.336 68.5 1.485 1.173 6009 P&O 1.360 18.84 6.54 334.5 0
3.817 1.949 3.700 3.580 1368 EDGENTA 3.700 0.140 1213.3 2.565 16.52 1.35 3,010.0 19.645 16.880 18.500 18.380 1295 PBBANK 18.400 0.020 7186.7 1.000 14.64 2.99 71,431.3 3
0.425 0.190 0.250 0.240 0064 EFFICEN 0.245 0.005 3323.6 0.146 24.75 173.7 0.290 0.198 0.265 0.255 9296 RCECAP 0.260 0.005 1019.8 0.265 10.92 5.77 350.2 0
1.153 0.861 5081 EIG 0.920 10.86 3.80 170.7 8.982 5.850 6.320 6.170 1066 RHBCAP 6.200 0.070 793.1 7.601 7.86 0.97 16,048.6 0
1.403 1.062 1.120 1.120 5208 EITA 1.120 -0.020 0.1 0.958 10.62 3.57 145.6 0.869 0.550 0.645 0.625 4898 TA 0.640 0.015 1815.4 0.782 13.65 2.81 1,095.6 4
0.860 0.450 0.775 0.775 7189 EKIB 0.775 0.025 19.4 0.385 71.2 4.230 2.010 3.900 3.830 6139 TAKAFUL 3.880 UNCH 485.6 1.000 21.33 3.87 3,165.4 0
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share * Volu
M O N DAY OC TOBE R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
Markets 3 5
BURSA MAL AYSIA MAIN MARKET . ACE MARKET

AP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
IL) HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
4.6 2.189 1.210 1.380 1.310 5230 TUNEPRO 1.340 0.040 6413.1 1.895 14.12 3.01 1,007.4 7.250 4.022 6.830 6.670 3867 MPI 6.740 -0.040 357.4 3.211 11.80 2.97 1,414.6
8.9 PROPERTIES 1.880 0.990 1.080 1.020 5011 MSNIAGA 1.080 0.060 4 2.180 65.2
9.7 1.011 0.655 0.980 0.965 1007 AMPROP 0.965 UNCH 54.4 0.829 7.62 3.11 576.2 0.520 0.340 0.405 0.395 0083 NOTION 0.405 0.010 851.7 0.678 109.5
2.6 1.177 0.785 0.905 0.895 5959 A&M 0.895 -0.005 38 0.932 10.63 1.68 326.7 0.765 0.446 0.530 0.515 9008 OMESTI 0.520 0.005 95 0.784 201.8
9.6 0.507 0.354 0.475 0.470 1007PA AMPROP-PA 0.470 -0.010 39 0.000 4.26 139.5 0.415 0.280 0041 PANPAGE 0.300 72.4
4.3 0.300 0.155 0.225 0.215 4057 ASIAPAC 0.215 UNCH 1176 0.147 0.58 1.40 213.4 0.915 0.315 0.800 0.780 7160 PENTA 0.780 -0.015 1963.5 0.213 11.54 103.9
3.0 1.360 0.864 1.070 1.070 6602 BCB 1.070 -0.010 7.2 0.000 6.60 220.7 0.480 0.200 0.310 0.300 9075 THETA 0.310 0.010 298.2 0.000 33.2
8.9 0.910 0.510 9814 BERTAM 0.600 8.39 124.1 0.135 0.045 0.065 0.060 0118 TRIVE 0.060 -0.005 567.7 0.070 59.9
6.2 0.926 0.726 0.810 0.805 3239 BJASSET 0.805 -0.005 38 0.875 12.38 2.48 896.0 2.598 1.147 2.150 2.050 5005 UNISEM 2.080 -0.070 4993.5 0.871 13.65 3.37 1,526.4
4.4 1.480 0.900 0.950 0.935 5738 CHHB 0.935 UNCH 77.9 1.020 257.8 3.805 2.009 3.230 3.180 0097 VITROX 3.180 -0.050 25.3 1.148 16.67 0.79 742.2
2.7 2.795 1.850 1.910 1.890 6718 CRESNDO 1.890 UNCH 215.2 3.069 6.74 3.70 431.8 0.960 0.606 0.760 0.745 0008 WILLOW 0.750 0.005 322.4 0.672 10.76 2.67 186.0
6.8 2.935 1.460 1.660 1.600 5049 CVIEW 1.660 0.020 23.5 2.594 4.39 14.46 166.0 INFRASTRUCTURE PROJECT COMPANIES
5.1 3.239 1.980 2.150 2.120 5355 DAIMAN 2.150 0.030 24.6 3.289 17.42 2.33 456.2 6.419 4.860 5.800 5.730 6947 DIGI 5.740 0.040 17869.1 4.873 22.43 4.43 44,628.5
5.2 1.460 0.430 0.630 0.580 3484 DBHD 0.590 0.025 84.2 0.380 182.5 5.220 3.206 5.140 5.000 6645 LITRAK 5.000 -0.020 91.2 4.200 17.63 5.00 2,608.3
7.6 2.511 1.413 1.640 1.590 3417 E&O 1.600 UNCH 840.6 1.920 12.77 1.67 2,015.7 3.740 2.290 2.890 2.850 6807 PUNCAK 2.860 0.040 1913.2 3.375 1,195.5
3.6 0.375 0.210 0.275 0.270 3557 ECOFIRS 0.275 0.005 187.4 0.198 32.35 200.8 0.870 0.350 0.495 0.480 5078 SILKHLD 0.480 0.010 990 0.385 336.7
2.3 2.100 1.170 1.430 1.390 8206 ECOWLD 1.410 0.030 4191.2 2.716 67.79 3,333.6 6.970 4.130 6.600 6.580 5031 TIMECOM 6.590 UNCH 66.8 3.903 8.00 0.85 3,793.2
2.3 1.520 0.720 0.860 0.815 6076 ENCORP 0.820 0.010 11.3 1.045 228.5 1.567 1.351 1.560 1.540 6742 YTLPOWR 1.550 UNCH 2445.9 1.947 11.96 6.45 12,557.3
8.8 2.950 1.200 8613 ENRA 1.900 22.84 258.8 CLOSED-END FUNDS
7.3 1.000 0.655 6815 EUPE 0.850 8.06 1.76 108.8 2.450 2.100 2.300 2.270 5108 ICAP 2.280 UNCH 66 2.360 30.44 319.2
4.3 0.626 0.410 0.510 0.495 6041 FARLIM 0.510 0.015 21 0.510 48.11 9.80 71.6 EXCHANGE TRADED FUNDS
0.4 1.123 0.730 0.920 0.890 5020 GLOMAC 0.895 -0.015 584.8 1.083 7.40 4.75 651.4 1.084 1.030 0800EA ABFMY1 1.040 5.46 715.4
0.4 0.515 0.340 0.395 0.385 9962 GMUTUAL 0.390 0.005 105.1 0.462 5.08 5.13 146.5 1.890 1.630 0822EA CIMBA40 1.700 3.68 2.3
6.4 0.842 0.425 0.600 0.580 1147 GOB 0.585 0.005 8579.6 0.758 2.33 266.0 1.575 1.010 1.350 1.350 0823EA CIMBC50 1.350 UNCH 10 1.035 18.4
9.0 1.150 0.860 2968 GPLUS 1.050 7.89 154.2 1.910 1.580 1.690 1.690 0820EA FBMKLCI-EA 1.690 0.020 6.8 0.000 1.69 2.8
7.2 1.640 1.020 1.220 1.180 1503 GUOCO 1.220 UNCH 90.7 1.070 4.33 1.64 854.6 1.010 0.925 1.010 0.998 0825EA METFSID 1.010 0.012 7.2 0.000 22.2
9.7 0.750 0.440 0.510 0.510 7010 HOOVER 0.510 0.010 5 0.355 19.92 20.4 1.195 0.990 1.145 1.135 0821EA MYETFDJ 1.140 0.010 24 1.168 2.89 287.2
1.0 2.282 1.589 1.820 1.780 5062 HUAYANG 1.780 UNCH 192.8 2.133 4.03 7.30 469.9 1.065 0.940 1.025 1.010 0824EA MYETFID 1.020 0.005 157 0.000 2.21 22.0
3.7 2.770 1.770 2.720 2.710 5018 HUNZPTY 2.710 -0.010 115.1 2.302 25.07 676.4 REITS
5.4 0.839 0.461 0.540 0.530 4251 IBHD 0.535 0.005 351.7 2.532 6.86 2.82 529.6 1.168 0.910 1.030 1.020 4952 AHP 1.020 UNCH 57 1.000 39.53 7.06 102.0
7.1 2.420 1.160 5084 IBRACO 2.380 8.44 5.29 421.9 1.387 1.200 1.310 1.290 5116 ALAQAR 1.290 -0.010 170.3 1.330 12.43 5.97 898.1
8.6 2.884 2.329 2.500 2.480 1597 IGB 2.490 UNCH 50.9 2.710 15.76 2.01 3,398.3 1.130 0.970 0.995 0.990 5269 ALSREIT 0.995 0.005 315.7 0.000 577.1
5.0 2.624 1.735 2.220 2.170 5249 IOIPG 2.220 0.030 1767.2 0.000 8.84 2.70 8,389.0 0.938 0.730 0.800 0.790 5120 AMFIRST 0.790 UNCH 130.5 1.019 15.64 7.00 542.3
0.6 0.570 0.315 0.380 0.375 5175 IVORY 0.380 0.010 85.1 0.609 9.62 169.3 0.893 0.723 0.875 0.860 5127 ARREIT 0.875 0.015 151.7 1.030 4.58 7.42 501.6
3.6 1.600 0.745 0.840 0.815 1589 IWCITY 0.835 0.020 460.1 1.257 559.2 1.167 1.010 1.090 1.090 5130 ATRIUM 1.090 UNCH 20 0.000 7.85 8.53 132.8
2.9 0.360 0.205 0.230 0.230 6769 JKGLAND 0.230 UNCH 62 0.262 8.85 0.87 174.4 1.812 1.565 1.680 1.660 5106 AXREIT 1.660 -0.030 10.5 3.340 13.72 5.29 1,818.6
5.2 0.085 0.040 0.050 0.050 3115 KBUNAI 0.050 UNCH 25 0.076 288.8 1.545 1.240 1.390 1.360 5180 CMMT 1.390 0.020 193.8 1.427 11.21 6.47 2,814.5
5.5 1.237 0.808 7323 KEN 1.050 6.51 2.86 201.3 1.520 1.337 1.520 1.510 5121 HEKTAR 1.510 -0.010 55.5 1.520 11.77 6.95 605.0
7.5 2.300 1.330 1.590 1.530 5038 KSL 1.580 0.020 608.9 2.051 3.79 6.33 1,562.3 1.340 1.141 1.310 1.290 5227 IGBREIT 1.290 -0.010 1832.1 1.216 13.16 6.49 4,470.6
0.0 0.582 0.324 0.410 0.400 3174 L&G 0.410 0.010 1155 0.373 2.52 4.88 447.7 7.305 6.039 7.150 7.020 5235SS KLCC 7.020 -0.030 231.2 5.970 13.18 4.79 12,673.4
3.4 1.500 1.100 1.470 1.440 8494 LBICAP 1.470 0.020 183.5 1.240 6.63 3.40 107.9 1.227 0.995 1.160 1.150 5123 MQREIT 1.150 UNCH 63.6 1.180 10.74 7.29 760.6
6.0 1.582 1.230 1.470 1.400 5789 LBS 1.470 0.050 2022.6 1.661 10.38 2.21 810.3 1.580 1.255 1.520 1.510 5212 PAVREIT 1.510 -0.010 95.5 1.300 8.78 5.44 4,556.9
5.0 0.390 0.250 0.275 0.270 3573 LIENHOE 0.275 UNCH 137.1 0.325 99.5 1.694 1.342 1.540 1.510 5176 SUNREIT 1.520 0.010 417.2 1.264 8.22 5.74 4,468.9
2.3 1.163 0.742 0.915 0.890 7617 MAGNA 0.915 0.010 2.3 1.305 5.90 5.46 304.6 1.258 1.080 1.190 1.180 5111 TWRREIT 1.190 0.010 66 1.509 7.19 5.38 333.8
8.5 1.692 1.260 1.310 1.290 8583 MAHSING 1.310 0.020 1707 2.198 8.55 4.96 3,156.3 1.634 1.253 1.550 1.540 5110 UOAREIT 1.550 UNCH 121 0.000 13.29 7.13 655.5
1.7 1.053 0.630 0.790 0.760 6181 MALTON 0.775 0.015 728.8 0.882 7.86 347.5 1.060 0.883 1.060 1.050 5109 YTLREIT 1.050 -0.010 65 1.033 14.64 7.59 1,390.6
5.9 2.736 1.727 2.370 2.300 5236 MATRIX 2.330 0.030 224.5 3.220 5.51 6.38 1,282.2 SPAC
0.5 1.405 1.032 1.150 1.110 5182 MCT 1.150 UNCH 18 0.726 34.53 1.74 1,535.0 0.695 0.605 0.695 0.685 5234 CLIQ 0.685 -0.005 2353.3 0.675 432.2
6.0 0.685 0.535 0.570 0.560 5040 MEDAINC 0.565 -0.010 135.7 0.794 278.3 0.670 0.565 0.620 0.615 5256 REACH 0.615 Unch 4120 0.000 785.9
5.3 0.950 0.555 0.610 0.610 1694 MENANG 0.610 UNCH 301.9 0.655 3.06 162.9 0.490 0.390 0.440 0.440 5241 SONA 0.440 0.005 1109.9 0.440 620.7
3.6 0.440 0.275 8141 MJPERAK 0.320 96.97 63.2
7.5 0.294 0.186 8141PA MJPERAK-PA 0.200 2.50 18.3
6.9
7.2
2.1
3.585 1.900 2.350
0.464 0.300 0.365
0.435 0.145
2.330
0.360

6114
8893
6548
MKH
MKLAND
MPCORP
2.330
0.365
0.165
-0.020
0.005

122.2
321.3

2.646
0.366

11.16
8.28

3.43
2.74

977.2
440.7
47.5
Ace Market
1.7 1.551 0.795 1.190 1.160 1651 MRCB 1.160 UNCH 3723.3 1.373 6.74 2.16 2,072.4 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/ VOL VWAP* PE# DY MKT CAP
9.1 1.970 0.915 0.970 0.970 9539 MUH 0.970 0.005 7 0.000 4.08 54.7 HIGH LOW HIGH LOW (RM) (RM) (000) (RM) (X) (%) (MIL)
0.9 0.495 0.265 0.345 0.330 3913 MUIPROP 0.340 0.005 450.9 0.172 259.8
4.3 3.401 1.950 2.220 2.190 5073 NAIM 2.210 0.030 571 3.622 4.30 1.58 552.5
2.3 3.290 2.109 5827 OIB 3.290 14.91 3.65 297.9 INDUSTRIAL PRODUCTS
8.4 2.152 1.580 1.740 1.650 5053 OSK 1.730 0.080 947.9 1.608 8.10 4.34 2,426.7 0.784 0.208 0.675 0.630 0105 ASIAPLY 0.675 0.025 3.2 0.000 71.81 1.11 59.3
5.4 2.398 1.706 1.960 1.950 6661 OSKPROP 1.950 -0.010 12.2 1.350 3.82 5.13 645.2 0.150 0.070 0.090 0.085 0072 AT 0.085 0.005 1953 0.128 36.8
7.5 2.051 1.280 1.730 1.710 1724 PARAMON 1.720 0.010 32 1.536 11.58 4.36 726.3 0.590 0.252 0.470 0.465 0163 CAREPLS 0.465 -0.005 246.5 0.315 36.05 0.37 169.4
8.1 0.610 0.290 0.350 0.335 6912 PASDEC 0.350 0.020 276 0.444 72.1 0.320 0.135 0.245 0.245 0102 CONNECT 0.245 0.005 5463.5 0.149 53.0
1.8 1.733 1.290 1.540 1.500 1945 PJDEV 1.500 -0.010 53.9 1.269 7.77 4.33 792.7 0.370 0.145 0.355 0.345 0100 ESCERAM 0.350 0.005 3207.5 0.000 11.18 71.9
8.4 2.829 1.720 2.050 2.040 5075 PLENITU 2.050 UNCH 17.5 2.699 3.61 782.1 0.084 0.040 0.055 0.050 0109 FLONIC 0.050 Unch 400 0.082 40.0
6.1 0.320 0.195 0.255 0.240 2208 PTGTIN 0.250 0.005 277.1 0.300 86.5 0.530 0.243 0.500 0.490 0175 HHGROUP 0.495 Unch 1582.6 0.000 12.13 0.67 152.8
4.3 1.003 0.715 4596 SAPRES 0.900 6.00 2.78 125.6 0.170 0.070 0.095 0.095 0160 HHHCORP 0.095 0.005 425.7 0.140 31.7
8.2 1.440 0.640 0.850 0.825 5207 SBCCORP 0.845 0.025 40.2 1.217 8.49 1.89 198.4 0.515 0.110 0.165 0.160 0162 IJACOBS 0.165 0.005 219.4 0.214 22.4
8.3 1.112 0.855 0.960 0.940 2224 SDRED 0.940 0.010 5.3 0.882 5.15 3.19 400.6 0.235 0.085 0.110 0.105 0024 JAG 0.105 Unch 665 0.305 25.61 4.76 120.1
3.5 1.080 0.450 0.520 0.480 4286 SEAL 0.510 0.035 1069.4 0.519 112.9 0.275 0.120 0.160 0.150 0025 LNGRES 0.160 0.005 164.9 0.196 38.7
7.4 3.413 2.609 3.020 3.000 6017 SHL 3.000 UNCH 69 2.150 6.92 8.33 726.4 0.180 0.070 0.150 0.135 0070 MQTECH 0.150 0.010 17667.9 0.146 41.8
2.3 0.205 0.140 0.180 0.165 4375 SMI 0.180 0.005 6.1 0.174 37.8 0.435 0.235 0.360 0.355 0049 OCNCASH 0.355 Unch 241.7 0.180 13.20 1.69 79.2
5.5 1.484 0.850 5213 SNTORIA 0.960 14.66 2.08 464.7 0.180 0.105 0.130 0.130 0038 PTB 0.130 Unch 300 0.122 68.42 19.6
6.2 5.871 4.500 4.880 4.820 1783 SPB 4.820 -0.030 120 4.633 11.88 2.49 1,656.2 0.115 0.055 0.070 0.065 0133 SANICHI 0.070 Unch 7882.9 0.080 15.56 80.1
2.8 3.540 2.920 3.280 3.250 8664 SPSETIA 3.250 0.020 1183.2 2.873 11.48 2.98 8,541.8 0.180 0.085 0.110 0.110 0001 SCOMNET 0.110 -0.005 130.1 0.000 17.74 26.7
5.7 1.189 0.702 0.845 0.820 3743 SUNSURIA 0.835 0.020 248.8 0.830 25.30 614.1 0.310 0.120 0028 SCOPE 0.155 86.1
3.527 2.763 3.090 3.070 5211 SUNWAY 3.080 UNCH 1377.8 2.648 6.43 3.57 5,541.3 0.415 0.145 0.205 0.195 0055 SERSOL 0.195 -0.005 614.1 0.470 42.0
4.9
0.250 0.150 0084 TECFAST 0.170 35.42 29.1
4.5 1.001 0.690 0.725 0.715 1538 SYMLIFE 0.715 0.010 681.1 1.086 5.92 6.99 221.7
TECHNOLOGY
5.3 0.354 0.245 0.290 0.280 5158 TAGB 0.285 UNCH 1111.7 0.299 14.62 3.51 1,516.7
0.600 0.360 0.575 0.555 0181 AEMULUS 0.560 Unch 9357.6 0.000 245.8
5.4 8.648 5.391 2305 TAHPS 6.850 13.60 4.67 512.7 0.290 0.130 0.160 0.160 0119 APPASIA 0.160 Unch 189.7 0.111 45.0
1.0 0.110 0.050 0.065 0.055 2259 TALAMT 0.065 0.010 27434.8 0.066 274.3 1.600 0.300 0.480 0.330 0068 ASDION 0.475 0.145 1031.5 0.460 55.2
2.3 2.319 1.160 1.430 1.400 5191 TAMBUN 1.400 UNCH 804.2 1.411 5.93 6.93 593.7 0.015 0.005 0039 ASIAEP 0.010 8.1
2.0 0.195 0.105 0.180 0.120 2429 TANCO 0.135 0.010 5352.1 0.160 45.2 1.060 0.800 0.890 0.875 0098 BAHVEST 0.885 Unch 59.5 1.193 377.9
0.8 0.760 0.253 0.520 0.500 7889 THRIVEN 0.515 0.010 24.8 1.210 17.58 194.0 0.330 0.165 0.195 0.185 0079 CWORKS 0.190 -0.005 254 0.185 23.0
2.0 0.145 0.075 0.095 0.090 7079 TIGER 0.095 UNCH 13008.3 0.219 76.9 0.120 0.015 0.060 0.055 0022 CYBERT 0.055 Unch 233.5 0.070 5.79 5.5
1.8 2.376 1.460 1.580 1.550 5239 TITIJYA 1.580 UNCH 52 1.555 6.89 2.53 568.8 0.150 0.055 0.070 0.065 0152 DGB 0.070 0.005 832 0.216 34.2
1.8 1.344 0.830 0.970 0.960 5401 TROP 0.970 0.015 112.3 1.341 5.05 6.36 1,404.0 0.145 0.050 0.065 0.065 0131 DGSB 0.065 Unch 799.1 0.073 16.25 88.1
0.2 1.829 0.755 1.190 1.160 5148 UEMS 1.160 UNCH 9028.5 2.305 10.94 2.59 5,263.4 0.142 0.060 0.075 0.075 0154 EAH 0.075 Unch 3400 0.208 111.8
1.6 2.184 1.680 1.950 1.920 5200 UOADEV 1.940 0.060 555.1 1.990 8.16 6.70 2,950.3 0.430 0.190 0.295 0.285 0107 EDUSPEC 0.290 Unch 258.7 0.126 38.67 245.3
0.8 1.888 1.140 2976 WINGTM 1.280 6.19 3.66 623.1 0.110 0.045 0.060 0.060 0116 FOCUS 0.060 0.005 98.3 0.075 42.3
5.3 1.764 0.698 7003 Y&G 1.290 7.74 6.78 257.2 0.260 0.110 0.180 0.170 0104 GENETEC 0.175 Unch 10939 0.130 7.23 61.6
2.4 2.076 1.552 1.900 1.850 3158 YNHPROP 1.900 0.040 559.1 1.727 32.48 838.7 0.070 0.030 0.040 0.040 0045 GNB 0.040 Unch 200 0.060 3.42 11.6
0.7 0.925 0.595 0.700 0.690 2577 YTLLAND 0.700 0.005 44.7 0.952 28.46 591.0 0.175 0.085 0.115 0.110 0074 GOCEAN 0.115 Unch 65 0.169 115.00 30.3
7.6 MINING 0.155 0.069 0.110 0.105 0174 IDMENSN 0.110 Unch 10203 0.123 54.4
2.4 1.480 1.120 1.280 1.200 2186 KUCHAI 1.280 0.050 31 1.226 6.80 158.4 1.854 0.372 1.020 0.980 0023 IFCAMSC 0.995 0.025 43073.9 0.085 15.03 1.01 556.2
2.7 PLANTATIONS 0.095 0.045 0.065 0.060 0034 INGENCO 0.065 0.005 17429.1 0.079 62.0
7.0 1.150 1.000 7054 AASIA 1.100 1.82 132.0 0.230 0.085 0.165 0.160 0094 INIX 0.165 0.005 125.9 0.146 22.9
4.7 18.438 16.380 17.300 17.160 1899 BKAWAN 17.300 0.140 6.5 19.530 15.35 3.47 7,542.0 0.220 0.100 0.215 0.205 0069 INSTACO 0.210 Unch 18515 0.262 273.2
4.7 8.450 7.423 8.100 8.100 5069 BLDPLNT 8.100 UNCH 11 0.000 31.29 0.49 757.4 0.375 0.165 0.215 0.205 0010 IRIS 0.205 -0.005 7243.9 0.275 418.3
4.6 1.490 1.096 1.490 1.470 5254 BPLANT 1.490 0.010 558.2 0.000 32.39 2,384.0 0.705 0.443 0.680 0.675 0146 JFTECH 0.680 0.005 65 0.000 28.10 1.10 85.7
6.2 0.936 0.685 0.780 0.770 8982 CEPAT 0.770 -0.005 35 0.938 17.00 2.60 245.2 0.565 0.120 0.385 0.380 0127 JHM 0.385 0.005 367.2 0.000 19.44 47.4
5.6 9.606 7.800 8.250 8.200 1929 CHINTEK 8.200 UNCH 7.6 0.000 24.17 1.95 749.2 0.670 0.180 0.250 0.245 0111 K1 0.245 Unch 3763.9 0.327 10.34 2.04 106.0
4.0 0.745 0.380 0.475 0.460 3948 DUTALND 0.475 0.010 288.2 0.485 8.29 401.9 0.085 0.040 0.045 0.045 0036 KGROUP 0.045 -0.005 100 0.066 26.1
3.3 8.300 7.000 5029 FAREAST 7.400 14.52 4.05 1,046.3 0.415 0.100 0.170 0.160 0176 KRONO 0.170 0.005 780.9 0.000 2.82 40.3
8.0 3.604 1.180 1.600 1.550 5222 FGV 1.560 UNCH 6556.3 4.456 47.85 6.41 5,691.1 0.265 0.105 0.125 0.125 0017 M3TECH 0.125 0.005 26 0.185 23.2
5.1 11.100 8.494 10.600 10.340 2291 GENP 10.380 0.080 1178.7 10.947 26.62 0.63 8,071.1 0.160 0.050 0.080 0.075 0075 MEXTER 0.080 0.005 89.2 0.100 15.7
8.6 1.940 0.900 1.600 1.450 7382 GLBHD 1.560 0.040 107.2 1.050 0.64 347.7 0.660 0.360 0.550 0.530 0155 MGRC 0.530 -0.020 128.6 0.420 13.73 49.9
6.4 1.270 0.701 2135 GOPENG 1.050 19.85 2.86 188.3 1.950 0.500 1.270 1.220 0126 MICROLN 1.220 Unch 185.1 0.000 29.12 2.46 185.6
5.4 1.240 0.790 0.865 0.865 7501 HARNLEN 0.865 UNCH 7 1.336 9.25 160.4 0.469 0.290 0.365 0.355 0112 MIKROMB 0.365 0.010 557 0.260 12.59 1.37 102.9
9.1 2.573 1.922 2.340 2.300 5138 HSPLANT 2.340 0.010 40 2.617 19.26 3.42 1,872.0 0.115 0.070 0085 MLAB 0.090 16.8
7.7 3.754 2.990 3.300 3.280 2216 IJMPLNT 3.280 -0.020 1.1 3.367 32.16 1.83 2,888.3 0.877 0.368 0.690 0.675 0113 MMSV 0.685 0.010 418.6 0.203 9.57 2.92 111.7
1.2 0.832 0.605 2607 INCKEN 0.670 1.63 281.9 0.380 0.175 0.190 0.180 0103 MNC 0.190 -0.005 66 0.335 24.36 17.9
5.2 1.700 1.200 6262 INNO 1.390 23.84 265.8 0.365 0.175 0.275 0.270 0156 MPAY 0.275 0.005 6546.4 0.115 171.8 195.4
8.7 4.874 3.652 4.460 4.340 1961 IOICORP 4.440 0.100 9184.7 5.619 166.92 2.03 28,682.1 0.265 0.075 0.105 0.100 0092 MTOUCHE 0.105 0.005 387 0.187 24.3
3.4 23.375 19.127 22.640 22.360 2445 KLK 22.600 0.220 1742.4 24.513 28.17 2.43 24,125.6 0.906 0.606 0108 N2N 0.725 36.43 1.38 319.1
7.4 3.687 2.631 2453 KLUANG 3.130 40.92 0.32 197.7 0.090 0.025 0.040 0.040 0020 NETX 0.040 Unch 435 0.070 25.0
3.6 2.846 2.156 2.800 2.790 5027 KMLOONG 2.800 0.010 35.8 2.598 13.20 4.64 873.0 0.135 0.055 0.075 0.070 0096 NEXGRAM 0.075 0.005 716.9 0.088 27.78 141.2
4.6 0.525 0.345 0.440 0.430 1996 KRETAM 0.435 -0.005 244.5 3.488 815.6 0.250 0.095 0.135 0.130 0026 NOVAMSC 0.130 Unch 5602.2 0.070 59.09 64.7
5.9 3.090 2.410 3.000 2.960 2003 KULIM 2.990 -0.010 11918.7 3.678 58.86 3.18 4,017.5 0.420 0.120 0018 OMEDIA 0.190 40.6
2.1 2.068 1.430 6572 KWANTAS 1.550 3.23 483.1 1.307 0.488 0.785 0.775 0035 OPCOM 0.785 -0.005 590.1 0.745 20.34 2.55 126.6
0.0 1.900 1.500 4936 MALPAC 1.600 120.0 0.454 0.258 0.395 0.385 0040 OPENSYS 0.390 0.005 1170.2 0.170 12.70 2.56 87.1
1.3 1.057 0.800 0.955 0.955 5026 MHC 0.955 0.025 7 1.055 20.81 2.09 187.7 0.060 0.030 0.040 0.040 0005 PALETTE 0.040 Unch 290 0.047 11.6
4.4 2.879 2.610 5047 NPC 2.800 33.33 0.36 336.0 0.430 0.100 0.260 0.250 0123 PRIVA 0.255 0.005 5081.9 0.100 22.17 0.98 142.3
8.9 5.424 4.000 2038 NSOP 4.200 1.67 294.8 0.183 0.075 0.105 0.100 0007 PUC 0.100 -0.005 16680.7 0.221 13.16 106.6
1.4 0.430 0.200 0.250 0.250 1902 PINEPAC 0.250 -0.010 8 0.343 37.5 0.530 0.288 0.450 0.440 0106 REXIT 0.450 Unch 116 0.402 15.31 3.33 85.2
1.3 1.230 0.800 9695 PLS 0.860 281.0 0.165 0.030 0.060 0.060 0135 SCN 0.060 -0.005 864 0.000 12.0
5.6 0.710 0.465 0.540 0.525 5113 RSAWIT 0.530 UNCH 1007.9 0.811 751.8 0.660 0.395 0.470 0.465 0178 SEDANIA 0.470 -0.010 144.6 0.000 15.16 94.0
3.8 4.100 3.500 2542 RVIEW 3.620 29.70 2.76 234.8 0.930 0.170 0.305 0.295 0117 SMRT 0.295 -0.005 1481.8 0.224 327.78 76.8
0.7 3.613 2.670 3.200 3.180 2569 SBAGAN 3.180 0.080 2 3.230 38.78 210.9 0.175 0.065 0.105 0.100 0169 SMTRACK 0.105 Unch 1237.7 0.100 29.7
0.850 0.560 4316 SHCHAN 0.650 74.8 0.388 0.163 0.345 0.340 0093 SOLUTN 0.345 0.005 714 0.322 13.64 2.90 68.9
4.0 6.332 3.610 4.750 4.650 5126 SOP 4.730 -0.030 11.7 6.100 29.14 1.06 2,081.3 0.210 0.090 0129 SRIDGE 0.120 14.5
3.6 2.448 1.700 1.950 1.920 5135 SWKPLNT 1.950 0.040 15.2 2.550 12.84 4.62 546.0 0.397 0.104 0.240 0.230 0050 SYSTECH 0.230 -0.005 3143.2 0.105 26.74 2.61 73.0
5.1 0.927 0.510 0.650 0.635 2054 TDM 0.640 -0.010 1440 0.981 28.83 2.34 948.3 0.260 0.100 0.115 0.115 0132 TDEX 0.115 Unch 50 0.121 43.2
1.718 1.110 1.400 1.390 5112 THPLANT 1.400 0.010 44.4 1.861 36.08 1.43 1,237.4 0.160 0.080 0.105 0.100 0060 TMS 0.100 -0.005 6783.7 0.066 49.7
4.2
0.425 0.140 0.185 0.175 0120 VIS 0.185 0.005 183 0.585 14.45 20.5
1.2 1.793 1.103 1.370 1.330 5251 TMAKMUR 1.350 -0.010 787.2 0.000 7.15 11.11 537.5
0.460 0.065 0.075 0.070 0066 VSOLAR 0.075 Unch 1903 0.000 22.8
8.1 2.378 1.730 2.100 2.030 9059 TSH 2.050 -0.030 24.2 2.804 55.41 1.22 2,779.3
0.425 0.055 0.190 0.165 0141 WINTONI 0.175 -0.025 27564.9 0.060 89.8
1.0 6.746 5.350 6.090 6.060 2593 UMCCA 6.090 0.020 12 1.000 27.04 2.63 1,274.1 0.490 0.110 0.175 0.165 0086 YGL 0.175 0.015 324 0.000 33.9
9.3 28.000 22.165 2089 UTDPLT 26.200 19.78 1.53 5,453.1 0.579 0.451 0.530 0.525 0009 YTLE 0.530 0.005 107.8 0.630 19.92 7.55 715.5
3.8 HOTELS TRADING SERVICES
9.4 0.964 0.515 0.610 0.610 5592 GCE 0.610 UNCH 3 0.927 3.28 120.2 0.280 0.180 0122 AIM 0.240 120.00 63.9
6.9 1.460 0.840 1.130 1.110 1643 LANDMRK 1.120 0.010 199.9 1.097 538.5 0.200 0.095 0.120 0.120 0048 ANCOMLB 0.120 Unch 200 0.190 56.8
1.9 0.530 0.095 0.300 0.295 1287 PMHLDG 0.300 0.005 563.8 0.065 278.7 0.260 0.050 0.065 0.055 0150 ASIABIO 0.060 Unch 9206.6 0.103 52.0
1.6 7.397 5.810 6.280 6.200 5517 SHANG 6.280 0.050 131.8 6.645 36.73 1.91 2,763.2 0.344 0.186 0.270 0.270 0011 BTECH 0.270 0.020 5 0.165 16.67 2.33 68.0
8.3 TECHNOLOGY 0.335 0.205 0157 FOCUSP 0.240 48.00 4.17 39.6
1.0 1.000 0.690 7031 AMTEL 0.870 63.50 42.9 0.705 0.350 0.430 0.420 0081 IDEAL 0.430 0.010 64 0.078 15.09 79.8
8.0 0.670 0.195 0.280 0.275 5195 CENSOF 0.275 UNCH 550 0.579 19.93 136.6 0.380 0.280 0147 INNITY 0.300 65.22 41.5
3.1 0.300 0.115 0.150 0.145 0051 CUSCAPI 0.150 UNCH 115 0.378 65.3 0.245 0.100 0167 MCLEAN 0.180 31.3
8.0 0.380 0.210 0.380 0.350 7204 D&O 0.375 0.025 8613.8 0.310 59.52 367.7 0.240 0.140 0.150 0.150 0153 OVERSEA 0.150 0.010 34 0.125 4.00 36.8
7.2 0.255 0.130 0.185 0.175 8338 DATAPRP 0.175 -0.005 221.5 0.255 67.0 0.285 0.120 0.195 0.190 0177 PASUKGB 0.195 Unch 900 0.165 57.5
0.8 0.305 0.185 0.200 0.195 0029 DIGISTA 0.195 UNCH 779.2 0.230 90.4 0.400 0.270 0006 PINEAPP 0.280 13.6
0.0 0.410 0.180 0.245 0.240 4456 DNEX 0.245 UNCH 1827.8 0.264 17.25 189.9 0.330 0.136 0.230 0.225 0171 PLABS 0.230 0.005 386 0.150 13.07 2.17 47.6
3.8 1.797 1.002 1.430 1.410 5162 ECS 1.420 UNCH 74 1.201 7.45 4.23 255.6 0.055 0.005 0.005 0.005 0110 RA 0.005 -0.005 19673 0.050 4.8
9.8 0.699 0.470 0.655 0.620 0065 EFORCE 0.650 0.025 2179.9 0.509 15.93 3.08 134.4 0.240 0.130 0.175 0.175 0080 RAYA 0.175 Unch 30 0.000 22.8
6.8 1.976 1.094 1.790 1.790 0090 ELSOFT 1.790 -0.020 146.8 0.652 17.46 3.91 324.2 0.900 0.575 0.630 0.610 0032 REDTONE 0.625 0.015 437.6 0.695 33.24 473.3
7.9 1.280 0.850 1.130 1.080 0021 GHLSYS 1.100 0.010 907.8 0.796 84.62 713.8 1.180 0.480 0.545 0.545 0173 REV 0.545 -0.005 25 0.681 73.4
3.3 0.370 0.185 0.235 0.230 0082 GPACKET 0.230 -0.005 323.9 0.462 1.56 158.8 2.670 1.105 0158 SCC 1.900 12.06 2.63 81.2
8.7 0.319 0.232 0.265 0.260 0056 GRANFLO 0.265 UNCH 144.4 0.276 10.82 3.77 128.0 0.310 0.192 0.245 0.240 0161 SCH 0.240 Unch 845.9 0.000 11.88 6.25 98.9
5.4 6.449 3.454 6.270 6.170 7022 GTRONIC 6.200 -0.050 140.4 3.122 25.58 1.45 1,745.7 0.470 0.325 0.390 0.385 0137 STEMLFE 0.390 Unch 16.2 0.399 7.69 96.5
4.5 0.743 0.539 0.630 0.630 5028 HTPADU 0.630 0.020 30 0.718 35.39 3.17 63.8 1.320 0.450 1.270 1.240 0089 TEXCYCL 1.250 Unch 227.2 0.466 39.56 0.20 213.5
1.3 3.547 1.804 3.400 3.310 0166 INARI 3.310 -0.090 1282 1.542 13.88 2.39 2,417.8 0.235 0.100 0.195 0.180 0145 TFP 0.195 0.015 7 0.315 40.0
0.2 0.300 0.100 9393 ITRONIC 0.120 12.3 0.055 0.030 0.040 0.035 0140 UTOPIA 0.035 Unch 1008 0.077 34.6
8.6 0.780 0.432 0.725 0.710 5161 JCY 0.715 UNCH 1810.4 0.574 9.06 6.64 1,474.8 0.145 0.045 0.140 0.120 0165 XOX 0.130 0.010 51505.4 0.164 52.00 43.2
5.6 4.600 2.246 4.430 4.310 9334 KESM 4.350 0.030 56.9 2.047 10.98 0.69 187.1 FINANCE
5.4 0.250 0.045 0.205 0.190 0143 KEYASIC 0.205 0.020 4857 0.000 165.3 0.665 0.390 0.500 0.495 0053 OSKVI 0.500 0.010 10.1 0.536 4.00 98.8
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE F I N AN C I AL DAI LY
36 Markets MO

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

Bursa Malaysia Equity Derivatives YEAR


HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE WARRANTS CLOSE
(RM)
+/-
(RM)
VOL PARENT
(000)
EXE
PRICE PRICE
PRM
(%)
EXPIRY
DATE Wa
0.410 0.185 0.190 0.185 0650H4 FBMKLCI-H4 0.185 -0.015 182.5 1,706 1,600 -0.82 29/02/2016 Ba
Main Market & Ace Market Warrants 0.380 0.095 0.105 0.095 0650H5 FBMKLCI-H5 0.105 Unch 16769.8 1,706 1,500 -7.79 31/03/2016
ear
0.635 0.345 0.355 0.345 0650H6 FBMKLCI-H6 0.355 -0.020 290 1,706 1,520 -5.73 31/03/2016
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY 0.290 0.145 0.150 0.145 0650H7 FBMKLCI-H7 0.145 -0.015 340 1,706 1,500 -8.72 17/03/2016
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE
0.070 0.035 0.050 0.050 5238WA AAX-WA 0.050 Unch 3726.9 0.210 0.460 142.86 08/06/2020
0.345 0.260 0.260 0.260 0650H9 FBMKLCI-H9 0.260 -0.015 3.8 1,706 1,625 1.29 17/03/2016 NE
0.575 0.050 0.240 0.225 0650HG FBMKLCI-HG 0.235 -0.015 34196.4 1,706 1,800 14.67 30/11/2015
0.110 0.005 0.010 0.010 5185CS AFFIN-CS 0.010 Unch 25 2.390 2.750 16.32 31/12/2015 0.575 0.040 0.255 0.240 0650HK FBMKLCI-HK 0.250 -0.005 25118.8 1,706 1,735 11.43 29/01/2016 tor
0.135 0.060 0.100 0.100 7315WB AHB-WB 0.100 Unch 58 0.200 0.200 50.00 28/08/2019 0.530 0.080 0.275 0.265 0650HN FBMKLCI-HN 0.275 -0.015 457 1,706 1,788 16.11 31/03/2016 the
0.090 0.005 0.005 0.005 509916 AIRASIAC16 0.005 Unch 50 1.310 3.000 130.53 22/10/2015 0.595 0.085 0.275 0.260 0650HO FBMKLCI-HO 0.275 -0.025 1132.3 1,706 1,808 18.89 31/03/2016
0.140 0.005 0.005 0.005 509917 AIRASIAC17 0.005 Unch 250 1.310 2.700 107.63 30/12/2015 0.770 0.200 0.400 0.375 0650HP FBMKLCI-HP 0.390 -0.040 3336.9 1,706 1,850 19.83 07/12/2015
ma
0.100 0.005 0.010 0.005 509921 AIRASIAC21 0.010 Unch 1295 1.310 2.300 77.86 19/02/2016 0.680 0.160 0.300 0.275 0650HQ FBMKLCI-HQ 0.290 -0.025 328.3 1,706 1,800 13.98 07/12/2015 we
0.150 0.015 0.070 0.070 509922 AIRASIAC22 0.070 0.005 10 1.310 1.650 36.64 29/04/2016 1.180 0.515 0.550 0.550 0650HS FBMKLCI-HS 0.550 -0.290 10 1,706 1,720 7.23 30/12/2015 po
0.065 0.015 0.030 0.025 509923 AIRASIAC23 0.025 Unch 2708.5 1.310 1.800 42.18 29/01/2016 0.920 0.330 0.400 0.330 0650HT FBMKLCI-HT 0.400 -0.015 216.3 1,706 1,660 1.96 30/12/2015
0.310 0.090 0.260 0.255 509924 AIRASIAC24 0.255 0.005 21 1.310 1.050 9.35 31/05/2016 0.590 0.100 0.225 0.210 0650HU FBMKLCI-HU 0.210 -0.040 363.2 1,706 1,688 8.82 30/06/2016
0.315 0.085 0.250 0.235 509925 AIRASIAC25 0.245 0.015 8814.6 1.310 1.200 14.05 07/03/2016 0.640 0.075 0.245 0.230 0650HV FBMKLCI-HV 0.235 -0.010 16778.1 1,706 1,658 8.22 30/06/2016 Ba
0.100
0.040
0.010
0.005
0.020
0.005
0.020
0.005
1015CV
0159WA
AMBANK-CV
AMEDIA-WA
0.020
0.005
0.005
-0.005
0.1
1.1
4.800
0.025
6.000
0.250
27.50
920.00
31/03/2016
02/01/2018
0.625 0.085 0.300 0.280 0650HW FBMKLCI-HW 0.290 -0.015 3763.6 1,706 1,700 10.95 29/07/2016 go
1.100 0.480 0.685 0.635 0650HX FBMKLCI-HX 0.660 -0.025 227.3 1,706 1,750 11.37 31/01/2016
0.145 0.005 0.070 0.060 9342WA ANZO-WA 0.070 Unch 17.5 0.190 0.250 68.42 19/11/2019 0.885 0.355 0.435 0.400 0650HY FBMKLCI-HY 0.435 -0.030 1098.2 1,706 1,700 5.43 31/01/2016 Ch
0.145 0.045 0.085 0.055 9342WB ANZO-WB 0.085 Unch 99 0.190 0.250 76.32 25/08/2023 0.725 0.290 0.305 0.290 0650HZ FBMKLCI-HZ 0.295 -0.040 8016.7 1,706 1,650 0.63 31/01/2016 ba
0.080 0.035 0.040 0.040 5194WA APFT-WA 0.040 0.005 70 0.205 0.400 114.63 13/07/2018 0.070 0.005 0.020 0.020 5222C4 FGV-C4 0.020 Unch 7.2 1.560 2.300 52.56 31/03/2016
0.225 0.045 0.095 0.085 5210C3 ARMADA-C3 0.085 Unch 1265 0.995 0.980 11.31 25/01/2016 0.150 0.025 0.110 0.105 5222C6 FGV-C6 0.105 Unch 931.7 1.560 1.500 16.35 29/07/2016
to r
0.220 0.010 0.035 0.025 5210C4 ARMADA-C4 0.030 0.005 1127.6 0.995 1.200 23.62 15/01/2016 0.125 0.035 0.090 0.080 5222C7 FGV-C7 0.085 Unch 2664 1.560 1.550 20.61 31/03/2016 tra
0.100 0.040 0.100 0.090 5210C6 ARMADA-C6 0.090 0.005 100 0.995 1.000 18.59 30/08/2016 0.335 0.105 0.150 0.145 9318WB FITTERS-WB 0.145 -0.010 34.4 0.520 1.000 120.19 12/10/2019 and
0.140 0.060 0.135 0.130 5210C7 ARMADA-C7 0.130 0.010 140 0.995 0.950 16.38 07/03/2016 0.040 0.015 0.020 0.020 0109WB FLONIC-WB 0.020 -0.005 500 0.050 0.050 40.00 06/11/2019
0.100 0.005 0.005 0.005 5210CY ARMADA-CY 0.005 -0.010 360.1 0.995 1.270 28.64 31/12/2015 0.145 0.045 0.055 0.045 9377WA FSBM-WA 0.045 -0.015 20.5 0.190 0.300 81.58 16/05/2022
0.295 0.005 0.015 0.015 5210CZ ARMADA-CZ 0.015 0.005 1100 0.995 1.200 22.11 15/12/2015 0.945 0.300 0.550 0.550 7161WA FUTUTEC-WA 0.550 0.005 10 1.540 0.880 -7.14 20/12/2017 pec
0.950
0.080
0.135
0.020
0.400
0.025
0.280
0.025
0068WB
0150WA
ASDION-WB
ASIABIO-WA
0.400
0.025
0.120
Unch
76.7
120
0.475
0.060
0.500
0.100
89.47
108.33
24/03/2019
19/04/2024
0.135 0.015 0.055 0.050 539818 GAMUDA-C18 0.050 -0.005 439.1 4.680 4.600 5.77 29/01/2016 8.4
0.235 0.135 0.205 0.180 539821 GAMUDA-C21 0.190 0.010 178 4.680 4.300 6.50 29/02/2016
0.205 0.085 0.120 0.120 6399CT ASTRO-CT 0.120 0.010 300 2.990 2.650 4.68 29/02/2016 0.095 0.005 0.025 0.025 5209CS GASMSIA-CS 0.025 Unch 78 2.440 2.800 18.85 29/01/2016 con
0.080 0.030 0.045 0.040 0072WA AT-WA 0.045 0.005 643.1 0.085 0.120 94.12 29/01/2019 0.640 0.130 0.185 0.175 5226WA GBGAQRS-WA 0.180 0.010 363 0.870 1.300 70.11 20/07/2018 in e
0.100 0.015 0.035 0.035 6888C2 AXIATA-C2 0.035 Unch 15 6.380 7.180 15.83 29/01/2016 0.110 0.010 0.050 0.050 0078CB GDEX-CB 0.050 Unch 300 1.180 1.500 35.59 08/06/2016
0.145 0.040 0.105 0.095 6888C3 AXIATA-C3 0.105 0.020 95 6.380 6.700 10.78 29/01/2016 2.880 1.500 2.590 2.500 2291WA GENP-WA 2.500 Unch 18.2 10.380 7.750 -1.25 17/06/2019
0.170 0.025 0.170 0.140 6888C4 AXIATA-C4 0.170 0.045 189.6 6.380 6.400 8.31 29/07/2016 0.140 0.010 0.050 0.035 318222 GENTINGC22 0.050 0.015 133.2 7.810 8.600 16.52 31/03/2016 fro
0.410 0.150 0.230 0.230 7078WA AZRB-WA 0.230 0.015 2.1 0.670 0.700 38.81 13/05/2024 0.175 0.025 0.040 0.040 318223 GENTINGC23 0.040 0.005 280 7.810 8.880 16.01 30/12/2015 sta
0.615 0.290 0.380 0.365 5258WA BIMB-WA 0.370 0.005 746.5 4.130 4.720 23.24 04/12/2023 0.250 0.165 0.250 0.240 318226 GENTINGC26 0.250 0.020 5740.9 7.810 8.000 16.84 31/03/2016
0.310 0.090 0.145 0.135 6998WA BINTAI-WA 0.145 0.005 2350.7 0.260 0.200 32.69 15/06/2020 2.880 0.530 0.970 0.955 3182WA GENTING-WA 0.960 0.005 1123.9 7.810 7.960 14.21 18/12/2018
ha
0.180 0.005 0.010 0.005 5248CE BJAUTO-CE 0.005 -0.025 350 1.970 2.214 13.49 30/10/2015 0.235 0.125 0.220 0.205 1147WA GOB-WA 0.210 Unch 6947.7 0.585 0.800 72.65 24/12/2019 pe
0.155
0.095
0.010
0.045
0.015
0.055
0.010
0.055
5248CH
5248CI
BJAUTO-CH
BJAUTO-CI
0.015
0.055
0.005
0.010
560
850
1.970
1.970
2.714
2.300
41.04
29.04
10/03/2016
29/02/2016
0.115
0.055
0.020
0.025
0.035
0.035
0.035
0.030
0074WA
7096WA
GOCEAN-WA
GPA-WA
0.035
0.035
-0.005
0.005
8.8
210
0.115
0.090
0.340
0.100
226.09
50.00
07/08/2019
03/06/2025
the
0.080 0.005 0.035 0.025 3395CU BJCORP-CU 0.025 Unch 1679.9 0.435 0.430 4.60 31/12/2015 0.260 0.070 0.090 0.085 7022CF GTRONIC-CF 0.090 -0.005 1000 6.200 6.500 10.65 01/12/2015 the
0.140 0.010 0.075 0.050 3395CW BJCORP-CW 0.055 0.010 1183.9 0.435 0.400 1.44 09/12/2015 0.265 0.145 0.265 0.260 3034CN HAPSENG-CN 0.260 Unch 8 5.910 5.000 2.20 30/08/2016 wit
0.085 0.035 0.085 0.075 3395CY BJCORP-CY 0.075 -0.010 889.2 0.435 0.380 4.60 07/03/2016 4.400 1.960 4.230 4.230 3034WA HAPSENG-WA 4.230 Unch 18.7 5.910 1.650 -0.51 09/08/2016
0.220 0.095 0.155 0.140 3395WB BJCORP-WB 0.145 -0.010 2610.3 0.435 1.000 163.22 22/04/2022 1.080 0.625 0.980 0.950 5095WB HEVEA-WB 0.960 -0.010 1255.5 1.140 0.250 6.14 28/02/2020
Its
0.075 0.040 0.045 0.045 7187WA BKOON-WA 0.045 Unch 400 0.115 0.200 113.04 07/07/2023 0.975 0.370 0.510 0.500 5169WA HOHUP-WA 0.505 0.015 42 0.985 0.600 12.18 21/12/2018 dow
0.215 0.075 0.095 0.080 9938WB BRIGHT-WB 0.080 -0.020 30.1 0.370 0.820 143.24 12/01/2019 0.370 0.160 0.285 0.275 7213WB HOVID-WB 0.285 0.005 778.3 0.455 0.180 2.20 05/06/2018
0.130 0.025 0.050 0.050 2771CK BSTEAD-CK 0.050 Unch 86.1 3.970 4.200 10.83 29/04/2016 0.865 0.365 0.555 0.545 65110 HSI-C10 0.555 0.050 23.9 12,273 24,800 106.13 26/02/2016
0.285 0.035 0.140 0.130 7188WA BTM-WA 0.140 0.005 629.9 0.285 0.940 278.95 20/12/2019 0.715 0.165 0.345 0.290 65111 HSI-C11 0.290 -0.020 3715.5 12,274 26,200 115.58 26/02/2016
rec
0.330 0.060 0.150 0.140 7188WB BTM-WB 0.140 -0.005 211.4 0.285 0.200 19.30 23/10/2024 1.090 0.665 1.050 1.040 65112 HSI-C12 1.040 -0.050 110 12,273 23,000 95.02 30/03/2016
0.145 0.025 0.060 0.055 1818C8 BURSA-C8 0.060 0.015 140 8.200 8.400 6.83 29/04/2016 1.490 0.975 1.470 1.470 65113 HSI-C13 1.470 Unch 2 12,274 21,600 86.76 30/03/2016
0.860 0.410 0.515 0.490 7174WA CAB-WA 0.500 -0.005 130.5 1.040 0.550 0.96 08/02/2020 2.130 1.410 2.130 2.030 65114 HSI-C14 2.030 0.010 3.8 12,273 20,200 79.46 30/03/2016
0.038 0.010 0.020 0.015 5229WA CAP-WA 0.020 0.005 563 0.140 1.483 973.79 29/12/2016 0.020 0.005 0.005 0.005 7013WA HUBLINE-WA 0.005 -0.005 304 0.015 0.200 1,267 04/11/2019
0.237 0.070 0.160 0.155 0163WA CAREPLS-WA 0.155 Unch 215 0.465 0.320 2.15 09/08/2016 0.555 0.170 0.220 0.220 4251WA IBHD-WA 0.220 Unch 51.1 0.535 1.410 204.67 08/10/2019
0.720 0.255 0.380 0.380 7076WA CBIP-WA 0.380 Unch 57.3 2.030 2.400 36.95 06/11/2019 0.595 0.245 0.305 0.305 0081WA IDEAL-WA 0.305 -0.005 10 0.430 0.100 -5.81 29/04/2019
0.450 0.085 0.140 0.110 5195WA CENSOF-WA 0.140 0.035 50.1 0.275 0.460 118.18 18/07/2017 1.760 0.285 0.900 0.875 0023WA IFCAMSC-WA 0.875 0.005 8576.6 0.995 0.100 -2.01 15/02/2016
0.450 0.095 0.140 0.130 5195WB CENSOF-WB 0.140 Unch 170.1 0.275 0.460 118.18 07/10/2019 0.170 0.050 0.080 0.065 0166CH INARI-CH 0.065 -0.010 7685 3.310 3.400 11.56 01/12/2015
0.345 0.020 0.030 0.030 7016WB CHUAN-WB 0.030 0.005 79.2 0.470 0.500 12.77 06/01/2016 1.640 1.020 1.400 1.320 0166WB INARI-WB 1.330 -0.060 121.5 3.310 2.000 0.60 17/02/2020
0.200 0.010 0.025 0.025 1023C3 CIMB-C3 0.025 0.005 100 4.960 6.000 22.98 09/12/2015 0.045 0.010 0.015 0.015 0034WA INGENCO-WA 0.015 Unch 1620 0.065 0.100 76.92 18/07/2016
0.020 0.010 0.020 0.015 1023C5 CIMB-C5 0.015 -0.005 248.6 4.960 6.000 22.78 25/01/2016 0.425 0.150 0.215 0.205 3379WB INSAS-WB 0.205 Unch 554.2 0.740 1.000 62.84 25/02/2020
0.185 0.030 0.075 0.065 1023C6 CIMB-C6 0.065 Unch 4227.2 4.960 5.400 14.77 30/12/2015 0.100 0.015 0.035 0.030 0069WB INSTACO-WB 0.030 Unch 1131.7 0.210 0.310 61.90 07/09/2018
0.090 0.035 0.090 0.075 1023C7 CIMB-C7 0.080 Unch 287 4.960 5.650 20.36 15/04/2016 0.125 0.030 0.115 0.100 0069WC INSTACO-WC 0.105 Unch 6875.4 0.210 0.130 11.90 22/01/2020
0.305 0.085 0.110 0.110 2852CL CMSB-CL 0.110 0.010 110 5.220 4.900 3.56 02/11/2015 0.090 0.015 0.065 0.060 1961C6 IOICORP-C6 0.065 0.010 577.6 4.440 4.300 5.63 31/03/2016
0.190 0.085 0.105 0.105 2852CM CMSB-CM 0.105 0.010 20 5.220 5.200 13.70 08/06/2016 0.395 0.150 0.185 0.175 8834WB IREKA-WB 0.185 0.010 83.5 0.630 1.000 88.10 25/06/2019
0.225 0.205 0.225 0.225 2852CO CMSB-CO 0.225 0.005 20 5.220 5.300 23.08 31/03/2016 0.145 0.040 0.050 0.050 7183WA IRETEX-WA 0.050 Unch 573.8 0.275 0.800 209.09 10/06/2019
0.125 0.005 0.015 0.015 5071CK COASTAL-CK 0.015 Unch 101 2.160 3.000 41.67 15/01/2016 0.260 0.050 0.065 0.065 0010WA IRIS-WA 0.065 -0.005 61.5 0.205 0.150 4.88 24/06/2016
0.010 0.005 0.010 0.010 5071CL COASTAL-CL 0.010 Unch 2460 2.160 3.150 47.69 29/02/2016 0.265 0.020 0.070 0.065 0010WB IRIS-WB 0.065 Unch 415 0.205 0.150 4.88 20/04/2016
1.730 0.140 0.355 0.255 5071WA COASTAL-WA 0.350 0.115 1261.1 2.160 3.180 63.43 18/07/2016 0.195 0.070 0.090 0.085 5175WA IVORY-WA 0.090 0.005 209 0.380 0.750 121.05 26/04/2017
0.405 0.160 0.285 0.265 2127WA COMFORT-WA 0.270 0.005 760.5 0.765 0.500 0.65 18/12/2015 0.145 0.035 0.060 0.055 0024WA JAG-WA 0.060 Unch 88 0.105 0.100 52.38 14/08/2019
0.180 0.070 0.140 0.135 0102WA CONNECT-WA 0.135 Unch 300 0.245 0.100 -4.08 17/09/2021 0.355 0.120 0.320 0.270 7167WA JOHOTIN-WA 0.300 0.030 4681.5 1.800 2.280 43.33 21/11/2017
0.035 0.010 0.035 0.030 5214WA CSL-WA 0.030 Unch 622 0.130 1.150 807.69 18/09/2017 0.430 0.025 0.040 0.040 0111WB K1-WB 0.040 Unch 169.5 0.245 0.220 6.12 11/12/2015
0.185 0.040 0.050 0.050 0051WA CUSCAPI-WA 0.050 Unch 30 0.150 0.270 113.33 24/04/2018 0.360 0.150 0.265 0.265 5247CE KAREX-CE 0.265 0.020 46 3.340 2.467 0.30 27/11/2015
0.360 0.150 0.235 0.205 7212WA DESTINI-WA 0.225 0.015 7120 0.620 0.400 0.81 03/10/2016 0.300 0.125 0.180 0.180 5247CF KAREX-CF 0.180 -0.020 100 3.340 2.587 -1.00 29/01/2016
0.040
0.645
0.125
0.020
0.255
0.020
0.030
0.450
0.045
0.025
0.430
0.045
0152WA
7277WA
6947C3
DGB-WA
DIALOG-WA
DIGI-C3
0.030
0.440
0.045
0.005
0.010
Unch
107.7
1130.8
410
0.070
1.660
5.740
0.110
1.190
5.600
100.00
-1.81
3.83
22/04/2018
10/02/2017
29/01/2016
0.180
1.840
0.120
0.487
0.170
1.450
0.160
1.420
5247CJ
7216WA
KAREX-CJ
KAWAN-WA
0.170
1.450
0.015
0.010
40
81.6
3.340
2.430
3.250
0.930
15.12
-2.06
29/02/2016
28/07/2016 Bu
0.420 0.135 0.160 0.150 3565WE KEURO-WE 0.160 0.015 67 0.890 1.180 50.56 26/08/2016
0.170 0.045 0.060 0.060 0029WB DIGISTA-WB 0.060 Unch 1.5 0.195 0.260 64.10 04/04/2023 0.185 0.015 0.025 0.020 8303WA KFM-WA 0.020 -0.005 76 0.145 0.510 265.52 19/10/2016 Ma
0.350 0.215 0.250 0.230 7169WA DOMINAN-WA 0.250 0.015 136.7 1.140 1.300 35.96 10/09/2020 0.040 0.015 0.015 0.015 0036WA KGROUP-WA 0.015 Unch 30 0.045 0.100 155.56 02/07/2018
0.085 0.015 0.035 0.030 7198WA DPS-WA 0.035 0.010 200 0.100 0.540 475.00 03/01/2018 0.500 0.260 0.380 0.370 5171WA KIMLUN-WA 0.380 Unch 48 1.320 1.680 56.06 12/03/2024 Y
H
0.075 0.030 0.050 0.050 7198WB DPS-WB 0.050 Unch 679.9 0.100 0.100 50.00 15/01/2025 0.070 0.005 0.005 0.005 7164CS KNM-CS 0.005 Unch 300 0.565 0.851 51.85 27/11/2015
0.070 0.035 0.045 0.045 161914 DRBHCOMC14 0.045 0.010 50 1.370 1.600 23.36 29/04/2016 0.280 0.065 0.125 0.120 7164WA KNM-WA 0.120 0.005 18553.1 0.565 0.980 94.69 15/11/2017 0
0.065 0.020 0.030 0.025 161915 DRBHCOMC15 0.030 Unch 5748.4 1.370 1.750 32.77 29/01/2016 0.240 0.090 0.160 0.150 7164WB KNM-WB 0.150 0.005 4132.6 0.565 1.000 103.54 21/04/2020 0
0.110 0.055 0.095 0.090 161916 DRBHCOMC16 0.090 Unch 943.6 1.370 1.400 15.33 30/08/2016 0.745 0.380 0.570 0.550 5878WB KPJ-WB 0.570 0.035 7.5 4.210 4.010 8.79 23/01/2019 0
0.300 0.035 0.230 0.215 5216CB DSONIC-CB 0.215 0.010 1791 1.440 1.250 9.20 25/01/2016 1.570 0.550 0.750 0.750 5038WA KSL-WA 0.750 0.015 42.3 1.580 0.800 -1.90 19/08/2016 0
0.200 0.065 0.165 0.160 5216CD DSONIC-CD 0.160 0.010 1430 1.440 1.180 9.72 28/04/2016 0.950 0.280 0.650 0.650 2003WC KULIM-WC 0.650 -0.030 2.1 2.990 2.770 14.38 26/02/2016 0
0.085 0.020 0.055 0.050 5216CE DSONIC-CE 0.055 0.005 25514.2 1.440 1.450 12.92 01/12/2015 0.515 0.260 0.425 0.405 8494WA LBICAP-WA 0.425 0.040 106 1.470 1.000 -3.06 17/04/2018 0
0.345 0.100 0.285 0.270 5216CF DSONIC-CF 0.270 0.010 1736 1.440 1.000 6.94 19/02/2016 0.720 0.300 0.475 0.420 5789WA LBS-WA 0.470 0.050 90.8 1.470 1.000 0.00 11/06/2018 0
0.085 0.035 0.055 0.050 3417C1 E&O-C1 0.050 Unch 309.9 1.600 1.800 21.88 29/01/2016 0.360 0.270 0.360 0.270 5789WB LBS-WB 0.340 0.170 3892.1 1.470 1.250 8.16 04/10/2020 0
0.550 0.160 0.220 0.195 3417WB E&O-WB 0.220 0.025 52.8 1.600 2.600 76.25 21/07/2019 0.100 0.055 0.085 0.060 8745WB LEWEKO-WB 0.060 -0.015 0.2 0.135 0.200 92.59 08/09/2020 0
0.071 0.020 0.035 0.030 0154WB EAH-WB 0.035 0.005 611.9 0.075 0.120 106.67 24/02/2019 0.065 0.005 0.015 0.015 3581WB LIONCOR-WB 0.015 -0.005 52.3 0.050 1.000 1,930 12/04/2019 0
0.086 0.025 0.040 0.035 0154WC EAH-WC 0.035 Unch 298 0.075 0.100 80.00 18/06/2019 0.290 0.150 0.190 0.190 7126WA LONBISC-WA 0.190 -0.005 0.2 0.755 1.000 57.62 26/01/2020 0
0.120 0.015 0.055 0.050 8206CB ECOWLD-CB 0.055 0.010 563.3 1.410 1.680 28.90 30/06/2016 0.060 0.025 0.045 0.040 5068WA LUSTER-WA 0.040 0.005 7907.4 0.090 0.100 55.56 03/06/2022 0
0.850 0.305 0.465 0.445 8206WA ECOWLD-WA 0.460 0.015 576.6 1.410 2.080 80.14 26/03/2022 0.060 0.025 0.045 0.040 5068WB LUSTER-WB 0.045 0.005 3523 0.090 0.100 61.11 26/05/2023 0
0.135 0.035 0.080 0.080 1368CC EDGENTA-CC 0.080 0.005 200 3.700 3.900 15.14 30/12/2015 0.300 0.240 0.280 0.270 7617WB MAGNA-WB 0.275 Unch 11.4 0.915 0.900 28.42 04/09/2020 2
0.325 0.105 0.185 0.180 0107WA EDUSPEC-WA 0.185 0.010 19 0.290 0.180 25.86 24/12/2018 0.387 0.145 0.180 0.170 8583WB MAHSING-WB 0.180 Unch 425.1 1.310 1.440 23.66 16/03/2018 0
0.350 0.115 0.330 0.315 0065WA EFORCE-WA 0.320 0.010 3359.2 0.650 0.680 53.85 17/07/2019 0.300 0.100 0.140 0.135 8583WC MAHSING-WC 0.140 -0.010 196.7 1.310 2.100 70.99 21/02/2020 0
0.596 0.300 0.420 0.400 5056WA ENGTEX-WA 0.410 0.015 920.8 1.160 0.830 6.90 25/10/2017 0.130 0.025 0.075 0.075 5264CB MALAKOF-CB 0.075 0.005 100 1.700 1.800 19.12 28/04/2016 0
0.680 0.140 0.345 0.320 7249WA EWEIN-WA 0.335 0.020 603.1 0.765 0.610 23.53 09/06/2017 0.155 0.020 0.150 0.145 5264CG MALAKOF-CG 0.150 -0.005 65 1.700 2.000 26.47 30/06/2016 0
0.190 0.060 0.120 0.120 7047WB FAJAR-WB 0.120 0.005 145 0.465 0.700 76.34 24/09/2019 0.130 0.005 0.030 0.030 5264CI MALAKOF-CI 0.030 Unch 80 1.700 1.800 9.41 20/11/2015 0
0.230 0.085 0.175 0.120 9776WB FARMBES-WB 0.175 -0.015 20.1 0.545 1.000 115.60 13/07/2018 0.405 0.135 0.205 0.200 6181WB MALTON-WB 0.205 0.015 30.1 0.775 1.000 55.48 29/06/2018 0
0.545 0.100 0.470 0.390 0650C1 FBMKLCI-C1 0.440 0.070 2463.9 1,706 1,740 7.12 30/12/2015 0.045 0.015 0.020 0.020 5189WA MAXWELL-WA 0.020 Unch 500 0.110 0.400 281.82 24/03/2020 2
0.765 0.420 0.765 0.765 65010 FBMKLCI-C10 0.765 0.035 20 1,706 1,720 9.76 29/02/2016 0.155 0.050 0.070 0.070 115511 MAYBANKC11 0.070 0.005 1059.8 8.600 8.000 1.16 29/02/2016 0
0.275 0.130 0.275 0.255 65012 FBMKLCI-C12 0.270 0.035 12407.4 1,706 1,520 0.14 31/03/2016 0.185 0.005 0.005 0.005 115512 MAYBANKC12 0.005 Unch 115 8.600 9.500 10.73 02/11/2015 5
1.020 0.685 1.020 1.020 65013 FBMKLCI-C13 1.020 0.050 0.9 1,706 1,560 6.36 31/03/2016 0.060 0.010 0.030 0.030 115513 MAYBANKC13 0.030 0.005 693.1 8.600 10.000 17.33 31/05/2016 0
0.520 0.510 0.520 0.510 65015 FBMKLCI-C15 0.520 0.300 100 1,706 1,575 4.42 17/03/2016 0.230 0.145 0.230 0.225 115515 MAYBANKC15 0.230 0.015 60 8.600 8.800 11.69 07/03/2016 0
0.455 0.445 0.455 0.445 65016 FBMKLCI-C16 0.455 0.290 202.2 1,706 1,625 5.83 17/03/2016 0.590 0.225 0.260 0.260 5983WA MBMR-WA 0.260 Unch 170 2.770 3.200 24.91 14/06/2017 0
0.265 0.145 0.265 0.265 65018 FBMKLCI-C18 0.265 0.035 10 1,706 1,680 9.32 29/04/2016 1.650 0.390 0.635 0.635 1171WA MBSB-WA 0.635 0.015 12.3 1.590 1.000 2.83 31/05/2016 0
0.435 0.060 0.340 0.225 0650C2 FBMKLCI-C2 0.320 0.110 2368.6 1,706 1,800 9.23 30/12/2015 0.125 0.045 0.055 0.045 5040WB MEDAINC-WB 0.050 Unch 658.5 0.565 0.600 15.04 22/04/2022 0
0.870 0.600 0.870 0.830 65020 FBMKLCI-C20 0.835 0.035 2760 1,706 1,640 8.33 31/03/2016 0.055 0.015 0.025 0.020 0075WA MEXTER-WA 0.025 Unch 120.7 0.080 0.130 93.75 17/09/2018 0
0.120 0.035 0.075 0.065 0650C3 FBMKLCI-C3 0.070 0.010 4851.9 1,706 1,708 5.88 30/06/2016 0.140 0.020 0.080 0.065 5186CX MHB-CX 0.065 -0.005 2104.1 1.160 1.250 18.97 29/04/2016 0
0.195 0.060 0.105 0.085 0650C4 FBMKLCI-C4 0.100 0.020 23219.8 1,706 1,700 3.53 29/07/2016 0.780 0.217 0.565 0.515 9571WC MITRA-WC 0.545 0.045 334.6 1.160 0.600 -1.29 04/07/2016 0
0.340 0.075 0.240 0.215 0650C5 FBMKLCI-C5 0.235 0.035 821 1,706 1,750 5.69 31/01/2016 0.445 0.235 0.440 0.405 9571WD MITRA-WD 0.425 0.030 3898.3 1.160 1.090 30.60 23/08/2020 0
0.330 0.055 0.330 0.265 0650C6 FBMKLCI-C6 0.320 0.060 1263.5 1,706 1,700 3.89 31/01/2016 1.850 0.500 0.840 0.805 6114WB MKH-WB 0.840 -0.010 11 2.330 1.890 17.17 29/12/2017 0
0.490 0.120 0.490 0.405 0650C7 FBMKLCI-C7 0.485 0.070 269 1,706 1,650 3.17 31/01/2016 0.140 0.010 0.050 0.050 2194CW MMCCORP-CW 0.050 Unch 50.1 2.300 2.200 6.52 31/12/2015 0
0.155 0.045 0.155 0.125 0650C8 FBMKLCI-C8 0.145 0.025 2459.6 1,706 1,720 4.17 31/01/2016 0.105 0.070 0.085 0.085 1651C2 MRCB-C2 0.085 Unch 20 1.160 1.080 7.76 30/12/2015 0
0.975 0.540 0.975 0.975 0650C9 FBMKLCI-C9 0.975 0.055 11 1,706 1,640 7.53 29/02/2016 0.255 0.075 0.125 0.120 1651WA MRCB-WA 0.120 Unch 2729.9 1.160 2.300 108.62 14/09/2018 0
0.140 0.005 0.010 0.005 0650CN FBMKLCI-CN 0.010 Unch 119 1,706 1,800 5.87 30/11/2015 0.350 0.040 0.285 0.235 0138CH MYEG-CH 0.240 0.010 375 2.730 2.000 4.03 29/01/2016 0
0.225 0.035 0.055 0.045 0650CR FBMKLCI-CR 0.045 Unch 3572.5 1,706 1,730 3.13 29/01/2016 0.145 0.055 0.080 0.075 0138CK MYEG-CK 0.080 0.005 2500.1 2.730 2.800 14.29 15/01/2016 0
0.150 0.010 0.035 0.035 0650CU FBMKLCI-CU 0.035 0.005 1000 1,706 1,848 10.39 31/03/2016 0.160 0.025 0.030 0.025 0138CL MYEG-CL 0.025 -0.005 6680.8 2.730 3.000 13.00 02/11/2015 0
0.080 0.010 0.040 0.035 0650CV FBMKLCI-CV 0.035 Unch 1109.3 1,706 1,808 8.46 31/03/2016 0.160 0.075 0.105 0.100 0138CM MYEG-CM 0.105 -0.005 270 2.730 2.680 21.25 30/06/2016 1
0.215 0.010 0.020 0.015 0650CX FBMKLCI-CX 0.020 0.005 310 1,706 1,800 6.07 07/12/2015 0.190 0.155 0.170 0.165 0138CO MYEG-CO 0.170 0.010 233 2.730 2.900 27.40 31/03/2016 0
0.050 0.010 0.030 0.025 0650CY FBMKLCI-CY 0.030 0.005 959 1,706 1,750 3.43 07/12/2015 0.065 0.025 0.035 0.030 0096WA NEXGRAM-WA 0.035 0.005 1823.1 0.075 0.100 80.00 16/05/2022 0
0.735 0.160 0.630 0.585 0650CZ FBMKLCI-CZ 0.590 0.035 779.5 1,706 1,680 5.36 30/12/2015 0.065 0.030 0.035 0.030 0096WC NEXGRAM-WC 0.030 -0.005 1818.4 0.075 0.100 73.33 15/01/2024 0
0.690 0.300 0.320 0.300 0650H1 FBMKLCI-H1 0.320 -0.015 1540.3 1,706 1,720 8.25 31/01/2016 0.095 0.020 0.035 0.030 7139WA NICE-WA 0.035 Unch 417.4 0.110 0.160 77.27 09/08/2017 0
0.405 0.240 0.250 0.240 65019 FBMKLCI-H19 0.250 -0.020 502 1,706 1,675 3.98 17/03/2016 0.130 0.050 0.085 0.085 0083WB NOTION-WB 0.085 0.005 58 0.405 1.000 167.90 02/05/2017 1
1.060 0.500 0.515 0.500 0650H2 FBMKLCI-H2 0.510 -0.035 1184.3 1,706 1,600 -0.26 29/02/2016 0.140 0.030 0.030 0.030 9008WA OMESTI-WA 0.030 -0.010 50 0.520 0.960 90.38 19/04/2016 0
0.180 0.090 0.100 0.090 65021 FBMKLCI-H21 0.100 Unch 4538.5 1,706 1,500 -8.00 29/04/2016 1.470 0.800 0.990 0.990 6661WC OSKPROP-WC 0.990 Unch 0.8 1.950 1.000 2.05 28/08/2017 0
0.705 0.470 0.485 0.470 65023 FBMKLCI-H23 0.485 -0.030 1343 1,706 1,600 0.87 31/03/2016 0.470 0.280 0.345 0.325 5053WC OSK-WC 0.340 0.020 5104.1 1.730 1.800 23.70 22/07/2020 0
1.320 0.695 0.730 0.695 0650H3 FBMKLCI-H3 0.725 -0.040 5392 1,706 1,680 6.94 29/02/2016 0.580 0.160 0.295 0.295 5125WA PANTECH-WA 0.295 0.015 5 0.630 0.600 42.06 21/12/2020 0
M O N DAY OC TOB E R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
Markets 3 7
B U R S A M A L AY S I A E Q U I T Y D E R I VAT I E S

RY
ATE Wall Street week ahead in the latter half of August, banks swings than usual this quarter. in oil prices and Wall Street gains pan was up 1.8%, on track for a
016 Banks take spotlight as have struggled. The US Federal While the typical bank share move after minutes of the US Federal robust weekly gain of 6.8%. The
016
016
earnings season heats up Reserve (Fed)s decision not to after earnings is about 2%, swings Reserve (Fed)s latest meeting S&P 500 closed at a seven-week
016 raise rates, coupled with econom- one-and-a-half times that are ex- further quelled expectations of high last Thursday. S&P 500 e-mini
016 NEW YORK: The financial sec- ic concerns and worries about pected this earnings season. an imminent US interest rate hike. futures edged up about 0.1% in
015
016 tor, recently a weak performer in trading revenues, have tethered Participants are bracing for Financial spreadbetters pre- Asian trading.
016 the stock market, will garner the shares of the big banks. a bit more volatility than in past dicted bright starts for Europe- Chinas flagship indexes ex-
016
015
majority of investor attention this The S&P 500 financials index quarters, said Fred Ruffy, strate- an bourses, with Britains FTSE tended last Thursdays 3% gains.
015 week as a number of big banks has underperformed the broader gist at options analytics firm Trade 100 seen as much as 0.9% high- The blue-chip CSI300 Index was
015 post their quarterly results. market, and has slumped 5.6% this Alert in New York. er, Germanys DAX 1.4%, and up 1.2% in afternoon trade, while
015
016
Goldman Sachs Group Inc, year so far, compared with a 2.2% The S&P 500 has gained in Frances CAC 40 1.3%. the Shanghai Composite Index
016 Bank of America Corp, Wells Far- decline in the S&P 500. In the last seven of the past eight sessions The Fed minutes revealed the gained 1.1%.
016 go & Co, Citigroup and JPMorgan month, the S&P 500 has gained and was on track for its biggest extent to which policymakers are The chance of a US inter-
016
016 Chase & Co the five biggest US 2.2%, but the five biggest financial weekly percentage gain of the year. concerned that a global econom- est rate rise this year is getting
016 banks by market cap are due institutions are all flat or down. Investors will also look this ic slowdown might threaten the slimmer, said Alex Kwok, chief
016
016
to report results as the sector has The banks give an idea of the week to data on inflation one US economic outlook. Though analyst and head of research at
016 trailed the market in recent weeks activity of mid- and small-sized of the conditions the Fed accounts they said overseas turmoil had China Investment Securities (HK).
019 and earnings estimates have fallen. business, which can help gauge for when deciding on interest rates not materially altered econom- He said expectations that Beijing
019
022
Financial companies are ex- the health of the broader economy, with the release of the producer ic prospects, they opted to hold will unveil more stimulus meas-
017 pected to show earnings growth of according to Kim Forrest, senior and consumer price indexes. The interest rates steady last month. ures have also soothed fears that
016 8.4%, behind only telecoms and equity research analyst at Fort week also includes retail sales Riskier asset markets, which Chinas economy may be at risk
016
016 consumer discretionary companies Pitt Capital Group in Pittsburgh. and consumer sentiment data. had risen when the Fed held off of a hard landing.
018 in expected growth for the quarter. Some people are saying we Overall, Q3 earnings for S&P raising rates in September, got An unexpectedly weak US
016
019
However, that growth is down are in a recession, other people 500 companies are expected to a further boost on confirmation jobs report for September had
016 from the 14.8% expected at the are saying its that summertime lull decline 4.5%, according to Thom- policy makers wont rush to tight- led many investors to speculate
015 start of the quarter, and down by and I dont think anyone knows, son Reuters data. That compares en policy at a time of slackening that the Fed will not deliver its first
016
018
half from the 17.8% growth ex- said Forrest. with just a 0.3% decline that had global growth. hike since 2006 until 2016.
019 pected at the start of the year. In The Feds decision not to raise been forecast in July. The speculation about an im- Data out last Thursday showed
019
025
the last 30 days, banks have seen interest rates in September is also minent US rate hike was a risk that the number of Americans filing new
015 their estimates steadily lowered, likely to impact trading desks at Global market Asia stocks investors had been dealing with for applications for unemployment ben-
016 with Goldman the biggest victim. the banks, which could weigh on rally as Fed minutes hint at a long time. Because such concern efits fell more than expected to near
016
020
Its estimates for the quarter are their bottom line, as well as desks patience on hike is fading now, investors are willing a 42-year low in the week ended Oct
018 down by 25% in that time period. that did not anticipate the strong to take risks, said analysts. 3, keeping alive the view that improv-
018 While the broader market has rebound in equities. TOKYO: Asian shares rose last MSCIs broadest index of ing labour conditions will prompt the
016
016
recovered from losses sustained The market expects bigger Friday, taking their cue from a jump Asia-Pacific shares outside Ja- Fed to eventually act. Reuters
016
016
016 Dow Jones FTSE 100 Shanghai Composite Nikkei 225
019 Index points
019 Index points Index points 5800 Index points
18580 7200 20800
019 3,183.15
016 +39.79
4825 (+1.27%)
015 16310 6590 17625
020 5,405.94
016
5980 3850
020 14040 17,084.49 14450
10,403.79 6,416.16 10,172.06
018 +33.74
+41.34
020 (+0.20%) 2875 18,438.67
11770 5370 (+0.65%) 11275
016 +297.50
019
3,087.842 (+1.64%)
019 4760 1900
9500 8100
016
Mar 1, 2010 Oct 9, 2015 Mar 1, 2010 Oct 9, 2015 Mar 1, 2010 Oct 9, 2015 Mar 1, 2010 Oct 9, 2015
016
017
019
017
015
015
016
016
016 Bursa Malaysia Equity Derivatives YEAR
HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE WARRANTS CLOSE
(RM)
+/-
(RM)
VOL PARENT
(000)
EXE
PRICE PRICE
PRM
(%)
EXPIRY
DATE
016 0.460 0.200 0.225 0.220 1538WB SYMLIFE-WB 0.220 0.005 430.7 0.715 1.100 84.62 11/11/2020
016 Main Market & Ace Market Warrants 0.205 0.015 0.020 0.020 4898CE TA-CE 0.020 0.005 47 0.640 0.800 28.13 11/03/2016
018 1.810 0.480 0.805 0.805 5191WA TAMBUN-WA 0.805 Unch 10.3 1.400 0.600 0.36 30/05/2017
024 YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PRM EXPIRY
0.115 0.020 0.020 0.020 4405CS TCHONG-CS 0.020 -0.005 150 2.500 3.000 22.40 11/03/2016
HIGH LOW HIGH LOW (RM) (RM) (000) PRICE PRICE (%) DATE
015 0.135 0.005 0.010 0.005 534715 TENAGA-C15 0.010 0.005 1572.5 12.500 13.800 11.60 31/12/2015
017 0.025 0.005 0.015 0.015 5657CO PARKSON-CO 0.015 Unch 300 1.130 2.170 94.52 31/05/2016 0.125 0.030 0.075 0.065 534719 TENAGA-C19 0.070 0.010 260 12.500 13.500 14.72 08/06/2016
020 0.100 0.025 0.060 0.060 1295C4 PBBANK-C4 0.060 Unch 290 18.400 19.300 8.15 30/06/2016 0.200 0.045 0.135 0.110 534720 TENAGA-C20 0.125 0.015 32572.3 12.500 13.000 11.50 29/01/2016
019 0.140 0.035 0.075 0.065 1295C5 PBBANK-C5 0.070 Unch 24471.8 18.400 19.500 9.48 29/01/2016 0.350 0.205 0.320 0.280 534723 TENAGA-C23 0.295 0.015 1357.2 12.500 11.000 4.52 07/03/2016
016 0.190 0.100 0.160 0.155 1295C6 PBBANK-C6 0.155 Unch 96 18.400 18.000 4.57 30/09/2016 1.200 0.360 0.730 0.695 7252WA TEOSENG-WA 0.720 0.040 292.9 0.720 1.350 187.50 29/01/2020
016 0.175 0.150 0.175 0.175 1295C7 PBBANK-C7 0.175 Unch 71 18.400 18.100 7.88 18/07/2016 0.240 0.025 0.030 0.030 7228WA TGOFFS-WA 0.030 -0.020 54.7 0.410 0.500 29.27 07/04/2016
018 0.240 0.130 0.190 0.180 9997WB PENSONI-WB 0.190 0.010 253.4 0.575 0.600 37.39 20/01/2024 0.120 0.030 0.075 0.065 5112CE THPLANT-CE 0.075 Unch 1100 1.400 1.600 25.00 10/03/2016
018 0.620 0.220 0.250 0.245 8311WC PESONA-WC 0.245 Unch 229 0.495 0.250 0.00 27/01/2020 0.055 0.015 0.020 0.020 7079WB TIGER-WB 0.020 Unch 700 0.095 0.200 131.58 23/12/2018
020 0.125 0.060 0.125 0.120 5681CO PETDAG-CO 0.125 Unch 203 23.500 20.880 2.15 27/11/2015 0.245 0.035 0.145 0.140 4863C4 TM-C4 0.145 0.010 40 6.820 6.400 6.60 15/12/2015
020 0.185 0.075 0.185 0.180 5681CP PETDAG-CP 0.185 0.015 4.1 23.499 23.000 7.32 30/06/2016 0.165 0.030 0.090 0.090 4863C6 TM-C6 0.090 Unch 50 6.820 7.000 9.24 29/04/2016
019 0.130 0.055 0.110 0.100 6033CM PETGAS-CM 0.100 Unch 41.8 22.600 24.000 10.62 30/06/2016 0.300 0.220 0.300 0.295 4863C9 TM-C9 0.300 0.070 100 6.820 6.600 12.17 31/03/2016
020 0.940 0.495 0.515 0.515 1945WC PJDEV-WC 0.515 -0.005 10.3 1.500 1.000 1.00 04/12/2020 0.200 0.105 0.145 0.140 0101WB TMCLIFE-WB 0.145 0.005 267.9 0.570 0.750 57.02 21/06/2019
022 0.120 0.010 0.050 0.045 8869CL PMETAL-CL 0.050 0.005 170.6 2.150 2.500 27.91 08/06/2016 0.050 0.015 0.030 0.025 0060WA TMS-WA 0.025 Unch 821.6 0.100 0.100 25.00 16/01/2017
023 0.340 0.205 0.270 0.260 8869CM PMETAL-CM 0.270 0.020 435.8 2.150 1.600 5.81 07/03/2016 0.660 0.300 0.375 0.365 8397WC TNLOGIS-WC 0.375 Unch 176 1.120 1.000 22.77 26/12/2018
020 2.484 0.705 1.270 1.240 8869WC PMETAL-WC 1.240 0.020 62 2.150 1.100 8.84 22/08/2019 0.560 0.130 0.480 0.480 7113CU TOPGLOV-CU 0.480 -0.030 30 7.990 5.200 1.13 11/03/2016
018 0.370 0.160 0.220 0.200 7168WA PRG-WA 0.200 Unch 38 0.710 0.750 33.80 06/07/2019 0.290 0.160 0.225 0.225 7113CV TOPGLOV-CV 0.225 Unch 20 7.990 6.850 8.26 15/04/2016
020 0.155 0.055 0.090 0.090 7145WA PSIPTEK-WA 0.090 0.010 100 0.150 0.100 26.67 16/11/2019 0.150 0.060 0.070 0.070 7173WA TOYOINK-WA 0.070 0.010 13 0.620 1.500 153.23 20/04/2018
016 0.130 0.045 0.065 0.065 0007WA PUC-WA 0.065 Unch 44 0.100 0.100 65.00 25/12/2024 0.125 0.020 0.045 0.040 5054WB TRC-WB 0.040 0.010 10 0.380 0.610 71.05 14/07/2016
016 0.120 0.065 0.110 0.105 6807CE PUNCAK-CE 0.105 0.005 430 2.860 2.680 12.06 28/04/2016 0.155 0.040 0.055 0.055 5401CI TROP-CI 0.055 0.015 30 0.970 1.000 14.43 31/03/2016
015 0.150 0.065 0.100 0.100 6807CF PUNCAK-CF 0.100 0.010 10 2.860 2.700 7.34 30/11/2015 0.555 0.195 0.280 0.270 5401WA TROP-WA 0.275 0.025 73 0.970 1.000 31.44 06/12/2019
018 0.150 0.070 0.130 0.120 6807CG PUNCAK-CG 0.125 0.010 1462.8 2.860 2.700 7.52 19/02/2016 0.160 0.025 0.030 0.030 5230CE TUNEPRO-CE 0.030 0.005 15 1.340 1.700 33.58 29/02/2016
020 2.690 1.300 1.900 1.860 6807WB PUNCAK-WB 1.870 0.020 278.9 2.860 1.000 0.35 20/07/2018 0.070 0.025 0.040 0.035 5230CF TUNEPRO-CF 0.035 0.010 2827 1.340 1.750 38.43 08/06/2016
016 0.120 0.005 0.015 0.010 7123WA PWORTH-WA 0.010 0.005 390.6 0.140 0.500 264.29 22/04/2016 0.155 0.015 0.025 0.020 514812 UEMS-C12 0.020 Unch 300 1.160 1.280 13.79 30/12/2015
015 5.250 4.500 4.900 4.900 7765WA RAPID-WA 4.900 Unch 1.1 6.220 1.000 -5.14 07/04/2017 0.100 0.010 0.050 0.050 514814 UEMS-C14 0.050 0.005 70 1.160 1.200 16.38 31/03/2016
016 0.190 0.030 0.055 0.050 5256WA REACH-WA 0.055 0.005 6926.7 0.615 0.750 30.89 12/08/2022 0.105 0.030 0.085 0.075 514817 UEMS-C17 0.080 0.005 9229.2 1.160 1.050 11.21 26/02/2016
016 0.115 0.005 0.015 0.015 1066CU RHBCAP-CU 0.015 0.005 142.1 6.200 7.600 25.00 31/03/2016 0.270 0.045 0.225 0.210 514818 UEMS-C18 0.210 -0.010 99.2 1.160 0.930 7.33 30/08/2016
017 0.090 0.020 0.035 0.035 0133WB SANICHI-WB 0.035 Unch 60 0.070 0.100 92.86 13/03/2018 0.120 0.010 0.015 0.010 4588CU UMW-CU 0.010 -0.005 610 8.380 11.300 35.44 31/05/2016
016 0.065 0.020 0.025 0.025 0133WC SANICHI-WC 0.025 Unch 146 0.070 0.100 78.57 24/09/2019 0.075 0.015 0.075 0.070 5243CY UMWOG-CY 0.070 0.010 1012.5 1.380 1.600 31.16 29/07/2016
022 0.005 0.005 0.005 0.005 7045CF SCOMIES-CF 0.005 Unch 1700 0.295 0.510 74.58 29/02/2016 0.450 0.140 0.365 0.365 5243HA UMWOG-HA 0.365 -0.030 7 1.380 2.880 214.49 30/11/2015
018 0.605 0.090 0.195 0.155 7073WA SEACERA-WA 0.170 -0.025 48.2 0.690 1.000 69.57 16/05/2017 0.400 0.110 0.130 0.130 7091WA UNIMECH-WA 0.130 0.005 60 1.280 1.500 27.34 18/09/2018
016 0.710 0.085 0.220 0.220 7073WB SEACERA-WB 0.220 0.010 30 0.690 1.000 76.81 29/05/2019 0.280 0.045 0.090 0.090 5005CE UNISEM-CE 0.090 -0.025 10 2.080 2.000 9.13 11/12/2015
016 0.410 0.150 0.300 0.300 7053WA SEEHUP-WA 0.300 Unch 10 1.060 1.000 22.64 22/12/2017 0.190 0.020 0.060 0.060 5005CF UNISEM-CF 0.060 -0.010 30 2.080 2.080 11.54 29/01/2016
020 0.320 0.085 0.140 0.130 0055WA SERSOL-WA 0.130 -0.015 294 0.195 0.180 58.97 18/04/2023 0.145 0.040 0.085 0.080 5005CJ UNISEM-CJ 0.085 -0.005 1041.8 2.080 2.050 14.90 29/07/2016
017 0.115 0.005 0.080 0.080 4197C2 SIME-C2 0.080 0.010 40 8.750 8.500 6.29 29/02/2016 0.195 0.020 0.030 0.030 0066WA VSOLAR-WA 0.030 Unch 590.1 0.075 0.120 100.00 01/12/2017
015 0.135 0.005 0.040 0.035 521812 SKPETROC12 0.035 0.005 164 2.200 2.600 24.55 31/03/2016 0.150 0.005 0.015 0.015 9679CT WCT-CT 0.015 Unch 1 1.500 1.651 11.98 11/12/2015
015 0.160 0.025 0.110 0.100 521815 SKPETROC15 0.100 Unch 185 2.200 2.200 15.91 30/08/2016 0.370 0.025 0.110 0.095 9679WC WCT-WC 0.105 0.010 1094.5 1.500 1.540 9.67 10/03/2016
018 0.310 0.180 0.310 0.300 521816 SKPETROC16 0.300 0.090 150 2.200 1.800 9.09 31/05/2016 0.400 0.100 0.175 0.165 9679WD WCT-WD 0.170 0.005 223.8 1.500 1.710 25.33 11/12/2017
016 0.145 0.080 0.145 0.140 521818 SKPETROC18 0.145 0.020 181 2.200 2.000 17.27 08/06/2016 0.280 0.130 0.160 0.145 9679WE WCT-WE 0.150 Unch 3324.7 1.500 2.080 48.67 27/08/2020
016 0.210 0.100 0.210 0.190 521819 SKPETROC19 0.190 0.005 3000 2.200 1.900 10.55 07/03/2016 0.385 0.040 0.095 0.070 0141WA WINTONI-WA 0.085 -0.010 8282 0.175 0.100 5.71 23/02/2019
015 0.130 0.005 0.005 0.005 5218C9 SKPETRO-C9 0.005 Unch 1131 2.200 2.800 28.41 15/12/2015 1.820 0.650 0.660 0.660 7245WA WZSATU-WA 0.660 -0.005 20 1.240 0.600 1.61 28/10/2024
016 1.050 0.205 0.805 0.790 7155WA SKPRES-WA 0.790 0.005 2416.2 1.380 0.550 -2.90 27/06/2017 0.055 0.015 0.015 0.015 5156WB XDL-WB 0.015 Unch 175 0.120 0.350 204.17 22/01/2017
016 0.710 0.060 0.160 0.155 0117WA SMRT-WA 0.155 -0.005 218 0.295 0.180 13.56 01/08/2017 0.090 0.035 0.055 0.050 5156WC XDL-WC 0.050 -0.005 230.6 0.120 0.115 37.50 02/07/2018
022 0.270 0.045 0.095 0.090 5241WA SONA-WA 0.090 Unch 4641.9 0.440 0.350 0.00 30/07/2018 0.060 0.015 0.025 0.020 0095WA XINGHE-WA 0.020 -0.005 1676.5 0.065 0.100 84.62 22/03/2019
024 0.285 0.055 0.110 0.095 1201WA SUMATEC-WA 0.100 0.005 3507.1 0.165 0.320 154.55 03/03/2021 0.135 0.030 0.035 0.035 5155WA XINQUAN-WA 0.035 Unch 70 0.490 1.000 111.22 24/06/2019
017 0.285 0.045 0.105 0.090 1201WB SUMATEC-WB 0.095 0.005 18384 0.165 0.175 63.64 13/11/2018 0.205 0.045 0.085 0.075 7293CJ YINSON-CJ 0.080 0.005 613 2.970 3.000 9.09 01/12/2015
017 1.260 0.690 0.870 0.850 5211WA SUNWAY-WA 0.860 Unch 79.5 3.080 2.250 0.97 17/08/2016 0.520 0.360 0.420 0.415 6742WB YTLPOWR-WB 0.420 0.010 328.6 1.550 1.140 0.65 11/06/2018
016 0.225 0.025 0.035 0.035 7106C1 SUPERMX-C1 0.035 Unch 7113.7 2.050 2.250 13.85 01/12/2015 0.370 0.070 0.115 0.115 7028WA ZECON-WA 0.115 0.010 24.5 0.585 1.060 100.85 03/03/2017
017 0.300 0.075 0.100 0.100 7106C2 SUPERMX-C2 0.100 0.005 130 2.050 2.100 12.20 11/03/2016 0.280 0.110 0.165 0.160 2283WA ZELAN-WA 0.165 0.010 980.6 0.265 0.250 56.60 25/01/2019
020 0.185 0.040 0.050 0.045 7106CZ SUPERMX-CZ 0.050 Unch 520 2.050 2.180 13.66 29/01/2016
020 0.250 0.115 0.180 0.175 7082WB SYF-WB 0.175 -0.005 674.9 0.475 0.700 84.21 11/11/2019 Please refer to the bursa malaysia website for the prices of Loan stocks, bonds and overseas structure warrants
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE F I N AN C I AL DAI LY
38 Markets
INSIDER MOVES . TRADING THEMES . EVENTS . FOREX

Insider moves (Filings on Oct 8, 2015) Trading themes


Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the companys outlook.
Malaysia trade, imports and exports

COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION


(DISPOSED) SHAREHOLDER AFTER CHANGE DATE
AEON CO. (M) (14,900) MITSUBISHI UFJ FINANCIAL GROUP INC. 263,422,628 2/10
(JAPAN)
ALLIANCE FINANCIAL GROUP (1,000,000) EMPLOYEES PROVIDENT FUND BOARD 282,426,940 5/10
AMMB HOLDINGS (1,570,200) EMPLOYEES PROVIDENT FUND BOARD 501,165,437 5/10
AXIATA GROUP (1,812,400) EMPLOYEES PROVIDENT FUND BOARD 1,296,709,355 2 & 5/10
BERJAYA AUTO 357,400 EMPLOYEES PROVIDENT FUND BOARD 60,514,920 5/10
BERJAYA FOOD (191,400) UBS AG LONDON, UK 20,215,400 2/10
BOUSTEAD PLANTATIONS 70,000 LEMBAGA TABUNG ANGKATAN TENTERA 181,604,700 1, 2 & 5/10
BRITISH AMERICAN TOBACCO (M) (9,561) MITSUBISHI UFJ FINANCIAL GROUP INC. 15,770,053 2/10
(JAPAN)
BURSA MALAYSIA 309,200 EMPLOYEES PROVIDENT FUND BOARD 38,350,994 5/10
CAHYA MATA SARAWAK 220,800 EMPLOYEES PROVIDENT FUND BOARD 85,519,227 5/10
CCK CONSOLIDATED HOLDINGS 2,000 LAU LIONG KII 13,615,409 6/10
CIMB GROUP HOLDINGS (507,000) MITSUBISHI UFJ FINANCIAL GROUP INC. 745,598,200 2/10
(JAPAN)
DATASONIC GROUP 1,400 CHEW BEN BEN 324,561,900 8/10
DIALOG GROUP (6,000,000) EMPLOYEES PROVIDENT FUND BOARD 570,064,544 5/10
DIALOG GROUP 4,000,000 KUMPULAN WANG PERSARAAN 269,289,316 2/10
(DIPERBADANKAN)
DIGI.COM (2,430,800) EMPLOYEES PROVIDENT FUND BOARD 1,088,199,640 5/10
DRB-HICOM (1,902,000) EMPLOYEES PROVIDENT FUND BOARD 159,923,100 2 & 5/10
ECO WORLD DEVELOPMENT GROUP (285,200) EMPLOYEES PROVIDENT FUND BOARD 209,543,600 5/10
ECOFIRST CONSOLIDATED 3,800,000 DATO TIONG KWING HEE 128,310,900 7/10
FAR EAST HOLDINGS 10,000 HIKMAT ELIT S/B 12,478,100 30/9
FOCUS LUMBER
GAMUDA
(74,500)
(167,100)
LIN HAO YU, TAIWAN, PROVINCE OF CHINA
EMPLOYEES PROVIDENT FUND BOARD
25,114,480
256,931,805
6/10
5/10
Europe Central Bank overnight deposits
GENTING PLANTATIONS 20,200 KUMPULAN WANG PERSARAAN 39,920,400 2/10
(DIPERBADANKAN)
GLOBETRONICS TECHNOLOGY 200,000 EMPLOYEES PROVIDENT FUND BOARD 18,589,800 5/10
HARTALEGA HOLDINGS (348,300) EMPLOYEES PROVIDENT F UND BOARD 119,575,100 2 & 5/10
HONG LEONG BANK (136,000) EMPLOYEES PROVIDENT FUND BOARD 251,010,883 5/10
IHH HEALTHCARE 76,100 EMPLOYEES PROVIDENT FUND BOARD 740,621,800 5/10
IJM CORPORATION 500,000 EMPLOYEES PROVIDENT FUND BOARD 506,450,478 5/10
INARI AMERTRON 468,700 KUMPULAN WANG PERSARAAN 55,921,649 30/9 & 2/10
(DIPERBADANKAN)
IOI CORPORATION (485,800) EMPLOYEES PROVIDENT FUND BOARD 589,359,959 5/10
KPJ HEALTHCARE 14,400 EMPLOYEES PROVIDENT FUND BOARD 109,670,895 5/10
KUALA LUMPUR KEPONG 181,800 EMPLOYEES PROVIDENT FUND BOARD 147,854,538 5/10
KULIM (M) (120,700) KUMPULAN WANG PERSARAAN 67,475,500 2/10
(DIPERBADANKAN)
LAFARGE MALAYSIA 1,019,300 EMPLOYEES PROVIDENT FUND BOARD 80,865,275 5/10
MAH SING GROUP (2,716,400) EMPLOYEES PROVIDENT FUND BOARD 237,997,961 5/10
MALAYAN BANKING 2,748,200 EMPLOYEES PROVIDENT FUND BOARD 1,438,238,698 5/10
MALPAC HOLDINGS 99,700 KAN AH CHUN 2,279,960 6/10
MAXIS (2,000,000) EMPLOYEES PROVIDENT FUND BOARD 559,421,300 5/10
MEDIA PRIMA (350,000) EMPLOYEES PROVIDENT FUND BOARD 163,334,338 5/10
MY E.G. SERVICES (483,800) UTILICO EMERGING MARKETS LTD, 72,844,600 6/10
BERMUDA
MY E.G. SERVICES 1,000,000 KUMPULAN WANG PERSARAAN 75,659,100 2/10
(DIPERBADANKAN)
PAVILION REAL ESTATE INVEST TRUST 208,300 EMPLOYEES PROVIDENT FUND BOARD 180,734,903 5/10
PETRONAS CHEMICALS GROUP (4,575,700) EMPLOYEES PROVIDENT FUND BOARD 874,453,800 2 & 5/10
PETRONAS DAGANGAN (242,800) EMPLOYEES PROVIDENT FUND BOARD 53,229,800 5/10
PETRONAS GAS 614,200 EMPLOYEES PROVIDENT FUND BOARD 233,030,600 5/10 Stocks closest to year high Stocks closest to year low
POH HUAT RESOURCES HOLDINGS (730,000) TAY KHIM SENG 2,299,330 5 - 8/10
PUBLIC BANK (991,100) EMPLOYEES PROVIDENT FUND BOARD 598,911,663 5/10 STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
S P SETIA (20,500) EMPLOYEES PROVIDENT FUND BOARD 149,081,598 5/10 (RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)
SAPURAKENCANA PETROLEUM (1,975,000) EMPLOYEES PROVIDENT FUND BOARD 852,636,469 5/10 FBMKLCI-C12 0.275 0.255 0.270 12407.4 FBMKLCI-H4 0.190 0.185 0.185 182.5
SHELL REFINING COMPANY (26,500) EMPLOYEES PROVIDENT FUND BOARD 47,277,100 5/10 LBS-WB 0.360 0.270 0.340 3892.1 FBMKLCI-H3 0.730 0.695 0.725 5392
(FEDERATION OF MALAYSIA) SKPETROC19 0.210 0.190 0.190 3000 FBMKLCI-H2 0.515 0.500 0.510 1184.3
SIME DARBY (591,500) EMPLOYEES PROVIDENT FUND BOARD 830,377,968 5/10
FBMKLCI-C7 0.490 0.405 0.485 269 FBMKLCI-H6 0.355 0.345 0.355 290
TA ANN HOLDINGS 6,000 MOUNTEX 77,865,634 7/10
TASEK CORPORATION (14,900) MITSUBISHI UFJ FINANCIAL GROUP INC. 14,093,059 2/10
FBMKLCI-C24 0.205 0.105 0.110 4463.7 FBMKLCI-HZ 0.305 0.290 0.295 8016.7
(JAPAN) FBMKLCI-C9 0.975 0.975 0.975 11 FBMKLCI-C24 0.205 0.105 0.110 4463.7
TDM 1,000,000 KUMPULAN WANG PERSARAAN 140,550,300 30/9 LUXCHEM 1.630 1.570 1.570 762.5 FBMKLCI-HT 0.400 0.330 0.400 216.3
(DIPERBADANKAN) MAYBANKC15 0.230 0.225 0.230 60 FBMKLCI-H23 0.485 0.470 0.485 1343
TELEKOM MALAYSIA (583,000) EMPLOYEES PROVIDENT FUND BOARD 578,168,036 5/10 FBMKLCI-C8 0.155 0.125 0.145 2459.6 HSI-HQ 0.485 0.430 0.470 9702.3
TIME DOTCOM (35,200) EMPLOYEES PROVIDENT FUND BOARD 31,469,300 5/10 FBMKLCI-C13 1.020 1.020 1.020 0.9 FBMKLCI-H21 0.100 0.090 0.100 4538.5
UNITED PLANTATIONS (8,200) MITSUBISHI UFJ FINANCIAL GROUP INC. 20,617,300 2/10
FBMKLCI-H25 0.135 0.105 0.135 8034.3 FBMKLCI-H19 0.250 0.240 0.250 502
(JAPAN)
FBMKLCI-H27 0.120 0.090 0.115 6201.6 FBMKLCI-H1 0.320 0.300 0.320 1540.3
WAH SEONG CORPORATION 64,300 EMPLOYEES PROVIDENT FUND BOARD 54,336,692 5/10
YTL CORPORATION 878,700 EMPLOYEES PROVIDENT FUND BOARD 745,121,147 5/10 PCHEM 6.700 6.450 6.540 12122.1 FBMKLCI-H7 0.150 0.145 0.145 340
SCIENTX 7.750 7.500 7.690 323.8 FBMKLCI-C15 0.520 0.510 0.520 100
While every eort is made to ensure accuracy, the information presented is not an exhaustive list and is not an ocial record of shareholder FBMKLCI-C6 0.330 0.265 0.320 1263.5 TENAGA-C25 0.165 0.150 0.155 209
lings. Direct and indirect shareholdings are combined due to space constraints. Readers who are interested should check the ocial lings led FBMKLCI-C20 0.870 0.830 0.835 2760 FBMKLCI-C16 0.455 0.445 0.455 202.2
with Bursa Malaysia. Note: * denotes Ace Market
CLIQ 0.695 0.685 0.685 2353.3 HSI-HR 0.785 0.685 0.785 55
SKPETROC18 0.145 0.140 0.145 181 HSI-HS 1.080 1.000 1.080 150.3
Local events to watch out for today AXIATA-C4
HSI-HK
0.170
1.820
0.140
1.800
0.170
1.820
189.6
50
HSI-CQ
GAMUDA-C22
0.060
0.065
0.010
0.065
0.010
0.065
2.1
25

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

Foreign exchange rates


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

NZ $ 0.590 0.670 0.645 0.438 0.867 0.935 0.935 0.913 2.7788 4.254 52.056 4.404 2.462 8,990 43.421 80.615 5.417 30.610 2.441 2.514 5.494 23.819 5.195
EURO 1.695 1.136 1.092 0.742 1.470 1.584 1.584 1.548 4.7095 7.209 88.225 7.463 4.173 15,236 73.591 136.626 9.180 51.878 4.137 4.260 9.311 40.369 8.805
US $ 1.492 0.880 0.961 0.653 1.294 1.394 1.394 1.363 4.1450 6.345 77.650 6.569 3.673 13,410 64.770 120.249 8.080 45.660 3.641 3.750 8.195 35.530 7.750
SWISS FR 1.552 0.915 1.040 0.680 1.346 1.450 1.450 1.417 4.3114 6.600 80.767 6.832 3.820 13,948 67.370 125.077 8.404 47.493 3.787 3.900 8.524 36.956 8.061
STERLING 2.283 1.347 1.530 1.471 1.980 2.134 2.134 2.085 6.3439 9.711 118.843 10.053 5.621 20,524 99.130 184.041 12.366 69.882 5.573 5.739 12.542 54.378 11.861
CANADA $ 1.153 0.680 0.773 0.743 0.505 1.078 1.078 1.053 3.2037 4.904 60.016 5.077 2.839 10,365 50.061 92.942 6.245 35.291 2.814 2.898 6.334 27.461 5.990
BRUNEI $ 1.070 0.631 0.717 0.689 0.469 0.928 1.000 0.977 2.9724 4.550 55.683 4.710 2.634 9,616 46.447 86.232 5.794 32.743 2.611 2.689 5.877 25.479 5.557
SINGAPORE $ 1.070 0.631 0.717 0.690 0.469 0.928 1.000 0.977 2.9730 4.551 55.694 4.711 2.634 9,618 46.456 86.249 5.795 32.750 2.612 2.689 5.878 25.484 5.559
AUSTRALIA $ 1.095 0.646 0.734 0.706 0.480 0.950 1.023 1.023 3.0420 4.657 56.987 4.821 2.695 9,841 47.534 88.251 5.930 33.510 2.672 2.752 6.014 26.075 5.688
MALAYSIA RM 0.360 0.212 0.241 0.232 0.158 0.312 0.336 0.336 0.329 1.0000 1.531 18.733 1.585 0.886 3,235 15.626 29.011 1.949 11.016 0.878 0.905 1.977 8.572 1.870
100 CHINESE RMB 23.509 13.871 15.760 15.152 10.298 20.391 21.978 21.973 21.475 65.3270 1,224 103.523 57.885 211,346 1,020.798 1,895 127.343 719.619 57.388 59.097 129.156 559.968 122.140
100 BANGLADH TAKA 1.921 1.133 1.288 1.238 0.841 1.666 1.796 1.796 1.755 5.3381 8.171 8.459 4.730 17,270 83.412 154.861 10.406 58.802 4.689 4.829 10.554 45.757 9.980
100 DANISH KRONER 22.709 13.399 15.224 14.637 9.947 19.697 21.230 21.226 20.744 63.1040 96.60 1,182 55.915 204,154 986.06 1,831 123.01 695.13 55.44 57.09 124.76 540.91 117.98
100 UAE DIRHAM 40.613 23.964 27.227 26.176 17.790 35.227 37.968 37.961 37.100 112.8567 172.76 2,114 178.84 365,114 1,763 3,274 219.99 1,243 99.14 102.09 223.13 967.38 211.01
1000 INA RUPIAH 0.111 0.066 0.075 0.072 0.049 0.096 0.104 0.104 0.102 0.3091 0.473 5.790 0.490 0.274 4.830 8.967 0.603 3.405 0.272 0.280 0.611 2.650 0.578
100 INDIA RUPEE 2.303 1.359 1.544 1.484 1.009 1.998 2.153 2.153 2.104 6.3996 9.796 119.886 10.141 5.671 20,704 185.657 12.475 70.496 5.622 5.789 12.652 54.856 11.965
100 JAPAN YEN 1.240 0.732 0.832 0.800 0.543 1.076 1.160 1.159 1.133 3.4470 5.277 64.574 5.462 3.054 11,152 53.863 6.719 37.971 3.028 3.118 6.815 29.547 6.445
100 NORWEGIAN KRONER 18.461 10.893 12.376 11.899 8.087 16.013 17.259 17.255 16.864 51.3000 78.528 961 81.294 45.456 165,966 801.613 1,488 565.102 45.066 46.408 101.423 439.732 95.914
100 PHILIPPINE PESO 3.267 1.928 2.190 2.106 1.431 2.834 3.054 3.053 2.984 9.0780 13.896 170.062 14.386 8.044 29,369 141.853 263.359 17.696 7.975 8.212 17.948 77.815 16.973
100 QATAR RIYAL 40.965 24.171 27.463 26.403 17.944 35.532 38.297 38.289 37.420 113.8330 174.251 2,132 180.390 100.865 368,272 1,779 3,302 221.897 1,254 102.977 225.055 975.750 212.831
100 SAUDI RIYAL 39.781 23.472 26.669 25.640 17.425 34.505 37.190 37.182 36.339 110.5422 169.214 2,071 175.175 97.949 357,626 1,727 3,207 215.482 1,218 97.109 218.549 947.542 206.678
100 SWEDISH KRONOR 18.202 10.740 12.203 11.732 7.973 15.788 17.017 17.013 16.627 50.5800 77.426 947.535 80.153 44.818 163,636 790.362 1,467 98.596 557.171 44.434 45.756 433.560 94.568
100 THAI BAHT 4.198 2.477 2.815 2.706 1.839 3.641 3.925 3.924 3.835 11.6662 17.858 218.548 18.487 10.337 37,742 182.296 338.445 22.741 128.511 10.249 10.554 23.065 21.812
100 HK$ 19.248 11.357 12.904 12.406 8.431 16.695 17.994 17.990 17.582 53.4853 81.873 1,001.961 84.757 47.392 173,035 835.759 1,552 104.260 589.174 46.986 48.384 105.744 458.463
Note: Run your nger down the left-hand side until you reach the country of origin you plan to exchange. Then move your nger until that line intersects with the vertical column of the currency you wish to buy. The gure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
M ON DAY OC TOB E R 1 2, 2015 T HEED G E FINA NCIA L DA ILY
Markets 3 9
FUTURES . MONEY MARKET . COMMODITIES

Index futures Money market


FKLI Long Rolls - KLCI futures US Dollar Klibor
Index points Open Interest Index points USD Index Implied interest rate (%)
1980 1,701.00 90000 18.00 -9.50 102.00
94.813 4.5
(+18.50) (-2.00) (-0.505) 3.82
(Unch)
1790 68000 4.75 94.25
3.5
1600 46000 -8.50 86.50

1410 2.5
24000 -21.75 78.75

1220 2000 71.00


-35.00 1.5
Jan 4, 2010 Oct 9, 2015
Jan 4, 2010 Oct 9, 2015 Oct 2, 2006 Oct 9, 2015 Oct 1, 2000 Oct 9, 2015

KLCI futures close higher FBM KLCI futures US dollar heads for Klibor
on cash market INDEX AND FUTURES
CONTRACT SETTLEMENT CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
second week of losses MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures contracts on Bursa FBMKLCI 1,706.54 14.34 229.8M The US dollar hit multi-week lows against OCT5 96.22
NOV5 96.22
Malaysia Derivatives ended higher last Fri- OCT-15 1,701.00 18.50 10,849 50,426 -1,738 the euro and Swiss franc last Friday, the day DEC5 96.18 500
day, tracking the bullish performance of the NOV-15 1,691.00 16.50 369 1,351 131
after minutes from the US Federal Reserves MAR6 96.15 120
DEC-15 1,678.00 15.50 106 403 -2
underlying cash market. MAR-15 1,654.00 13.00 20 60 1
September meeting bolstered expectations JUN6 96.12
October 2015 rose 18.5 points to 1,701; TOTAL 11,344 52,240 -1,608 for a later interest rate hike, while growth- SEP6 96.10
DEC6 96.07
November 2015 increased 16.5 points to linked currencies surged. MAR7 96.07
1,691; December 2015 advanced 15.5 points FUTURES ROLL OVER BID OFFER CLOSE The US dollar index, which measures the JUN7 96.02
to 1,678 and March 2016 appreciated 13 OCT/NOV -9.5 -10.5 -9.5
greenback against a basket of six major cur- SEP7 95.98
points to 1,654. FUTURES FAIR VALUE rencies, was set for its second straight week of DEC7 95.93
MAR8 95.93
Turnover eased to 11,344 lots from 11,727 CONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE losses after the minutes focused on external JUN8 95.93
lots, while open interest fell to 52,240 con- OCT-15 22 3.31 1.05 -2.46
factors depressing the outlook for inflation. SEP8 95.93
NOV-15 53 8.20 3.18 -2.76
tracts from 53,669 contracts last Thursday. ROLLS FAIR -0.30
Investors certainly looked at what the DEC8 95.93
Last Friday, the benchmark FBM KLCI minutes of the meeting said, and that en- MAR9 95.93
JUN9 95.93
finished 14.34 points higher at 1,706.54. couraged people to position themselves for
SEP9 95.93
Southeast Asian stock markets rose last the dollar to sell-off, analysts said. DEC9 95.93
Friday, notching up strong gains on the week, The euro hit a three-week high against MAR0 95.93
as dovish minutes from the US Federal Re- The Jakarta Composite Index jumped the greenback of US$1.13875 and was set to JUN0 95.93
serves September meeting further pushed 2.2%, taking its gain on the week to 9.1%, mark its highest percentage gain against the SEP0 95.93
TOTAL 0 620
up expectations of a delay in rate lift-off. the biggest since April 2009. Agencies US dollar in four weeks at 1.3%. Reuters

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

CPO & Open Interest CPO vs Soyoil Crude Oil Gold


CPO RM/ton Open Interest CPO RM/ton Soyoil US$/Ibs US$/bbl US$/troy oz
4200 6400 2,607 0.7300 155.0 1980
200000
(RM0.2860/ton) 49.43
(+0.20)
3450 5100 0.5475 122.5 1660
152500

2700 3800 0.3650 90.0 1340


105000

1950 2500 0.1825 1020


57500 57.5 1,155.80
2,217 (+11.60)
(-59) 2,217
1200 10000 (-59) 25.0 700
1200 0.0000
Jan 6, 2008 Oct 9, 2015 Apr 10, 2007 Oct 9, 2015 Aug 31, 2008 Oct 9, 2015
Jan 6, 2008 Oct 9, 2015

Palm oil continues its fall CPO futures Commodities post biggest Commodities
AGRICULTURE
as ringgit strengthens CONTRACT
OCT-15
LAST
2,168
CHANGE
-55
VOLUME
11
OPEN CHANGE IN
INTEREST OPEN INTEREST
1,631 -160
weekly gain in 3 years CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
2,217 -59
RUBBER SEN/KG MRB 522.00 -6.00
NOV-15 2,182 -55 1,267 12,383 -2,243
Malaysian palm oil futures fell further last DEC-15 2,217 -59 41,189 78,690 1,154 Commodities jumped last Friday to post CORN USC/BSH CBOT 382.75 -8.50
SOYBEANS USC/BSH CBOT 885.75 4.50
Friday as the ringgit firmed against the US JAN-16 2,251 -55 9,522 43,754 3,005 their largest weekly gain in more than three
WHEAT USC/BSH CBOT 509.25 -2.25
dollar, pushing palm oil prices to fresh two- FEB-16 2,271 -64 3,490 17,494 916 years as base metals roared higher after LIVE CATTLE USC/IBS CME 137.950 0.275
and-a-half week lows. CPO FUTURES CPO/SOYOIL Glencore pledged to slash zinc output and COCOA US$/TON NYBOT 3,061 -6
The benchmark December palm oil con- INDICATIVE ROLL-OVER CURRENT FUTURES BASIS (USD) gold hit three-week highs following dovish COFFEE USC/IBS NYBOT 134.15 2.45
OCT/NOV -14 -57.12
tract on the Bursa Malaysia Derivatives ex- OCT/DEC -49 3 MONTHS AVERAGE -69.45
US Federal Reserve minutes. SUGAR USC/IBS NYBOT 13.94 0.17
change lost 2.6% at the end of the trading OCT/JAN -83 6 MONTHS AVERAGE -67.91 Surging metals offset a choppy oil market. COTTON USC/IBS NYC 61.82 0.22

day, reaching RM2,217 ringgit a tonne last NOV/DEC -35 Brent crude, the global benchmark, slipped METAL & PRECIOUS METALS
TIN US$/TON KLTM 15,900 -80
Friday. Traded volume stood at 41,189 lots SGS & ITS EXPORT ESTIMATES (TONNES) last Friday under pressure from bargain COPPER USC/IBS CMX 2.4135 0.07
of 25 tonnes each, above the average 35,000 SHIPMENT DAYS JUN2015 JUL2015 AUG2015 hunting even as US crude oil surged to its GOLD US$/TROY OZ CMX 1,155.80 11.60
lots usually traded in a day. 1 - 10TH DAYS 473/469 309/320 486/499 biggest weekly rise in six weeks. PLATINUM US$/TROY OZ NYMEX 979.60 25.70
The market fell more or less because of the 1- 15TH DAYS 783/780 665/666 730/716
Analysts said the rally indicated that PALLADIUM US$/TROY OZ NYMEX 708.60 5.05
ringgit, said trader. People have also become 11 -- 20TH DAYS
25TH DAYS
1,082/1,074
1,393/1,400
908/908 991/992
1,179/1,149 1,285/1,276
commodities were bottoming out from their SILVER USC/TROY OZ CMX 15.81 0.05
concerned about the production side, and FULL MONTH recent selloff as sharp price declines had ALUMINIUM RMB/TON SHF 11,640 140
1,696/1,649 1,540/1,544 1,542/1,525
ZINC RMB/TON SHF 14,645 565
palms closing stocks seem to be very high. MALAYSIAN PALM OIL BOARD prompted output cuts.
The Malaysian ringgit jumped over 3% JAN15 FEB15 MAC15 APR15 We do not expect the future paths to be ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 49.63 0.20
last Friday to a near two-month high as ex- PRODUCTION 1,161 1,122 1,495 1,693 smooth, but the rallies in commodity prices HEATING OIL USC/GAL NYMEX 1.6204 -0.0106
pectations of the US Federal Reserve hiking EXPORT
STOCKS
1,184 972 1,182 1,175
over the past week are consistent with the rel- NATURAL GAS US$/MMBTU NYMEX 2.718 0.006
1,770 1,743 1,866 2,194
US interest rates eased, weakening the US atively positive views we have been express- BRENT CRUDE US$/BBL ICE 52.65 -0.40
MPOB Palm oil physical
dollar. The ringgit reached 4.125 against the ing for some time, said analysts. Reuters GAS OIL US$/TON ICE 481.75 1.00
US dollar last Friday. (IN RM/TON) OCT2015 NOV2015 DEC2015

The Malaysian Palm Oil Board is set to CPO DELD 2,136 2,195 2,195 Centrifuged Latex Rubber - Msia SMR 20
PK EX-MILL 1,640 1,650 1,660
release September palm oil data on today. CPKO DELD 3,472 3,497 3,522 Sen/Kg
Sen/Kg
Local output and stockpile levels are ex- RBD P.OIL FOB 2,323 2,335 2,335 1100 1700
pected to reach record highs, which could RBD P.OLEIN FOB 2,385 2,397 2,397
further dampen palm prices. RBD P.STEARIN FOB 1,971 1,984 1,996 900 1325
Palm oil is expected to stabilise around a MPOB FFB REF PRICE (MILL GATE PRICE)
support at RM2,234 per tonne and then rise REGION GRADE A GRADE B GRADE C 700 950 522.00
OER (RM/TON) OER(RM/TON) OER (RM/TON) 408.50 (-6.00)
towards a resistance at RM2,283, as the drop NORTH 20.00% 455 19.00% 434 18.00% 414
(-1.50)
from the Sept 29 high of RM2,460 has more SOUTH 20.00% 462 19.00% 441 18.00% 420
500 575
or less completed, said Reuters market ana- CENTRAL 20.00% 463 19.00% 442 18.00% 421
300
lyst for commodities and energy technicals EAST COAST 20.00% 457 19.00% 436 18.00% 415 200
SABAH 22.00% 442 21.00% 423 20.00% 404 Jan 7, 2007 Oct 9, 2015 Jan 7, 2007 Oct 9, 2015
Wang Tao. Reuters SARAWAK 22.00% 449 21.00% 429 20.00% 409
Markets
M ON DAY OC TOB ER 1 2 , 2 0 1 5 TH EEDGE F I N AN C I AL DAI LY
40

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 9
YOUR DAILY FINANCIAL MARKET S ROUNDUP I N S I D E R M OV E S . T R A D I N G T H E M E S . E V E N T S . FO R E X PA G E 3 8
G L O BA L M A R K E T S PA G E 3 7
RESEARCH: TAI TS [tai@bizedge.com; SUGUMARAN [sagu@bizedge.com] M A I N M A R K E T . A C E M A R K E T L I ST I N G PA G E 3 3

KLCI 1,706.54 14.34 FBM ACE 5,810.66 40.06 FTSTI 2,998.50 51.47 NIKKEI 18,438.67 297.50 HANG SENG 22,458.80 103.89 DOW JONES 17,804.49 33.74

Cynicism is an unpleasant way of saying the truth. Market movers


Lillian Thomas
Daily top 20 active stocks
UNUSUAL MARKET ACTIVITIES TURNOVER CHANGE CHANGE PRICE PE DIVIDEND
FBM KLCI & KLCI futures intraday (000) (RM) (%) (RM) RATIO YIELD (%)
STOCK VOLUME CHANGE CHANGE CLOSE HIGH LOW KNM 142,737.0 0.030 5.61 0.565 14.94 0.00
('000) (%) (RM) (RM) (RM) (RM) SUMATEC 107,830.1 0.010 6.45 0.165 8.03 0.00
Index point SUMATEC 107,830 6.45 0.010 0.165 0.175 0.160 XOX 51,505.4 0.010 8.33 0.130 48.00 0.00
LUSTER 49,575 5.88 0.005 0.090 0.095 0.090 LUSTER 49,575.0 0.005 5.88 0.090 0.00
1715.8 KL Composite Index DAYA 37,034 9.52 0.010 0.115 0.120 0.110
1713.6 ARMADA 43,396.6 0.010 1.02 0.995 1.65
1,706.54 BJCORP 34,143 0.00 0.000 0.435 0.450 0.430 IFCAMSC 43,073.9 0.025 2.58 0.995 14.65 1.03
1711.4 (+14.34)
TENAGA-C20 32,572 13.64 0.015 0.125 0.135 0.110 DAYA 37,033.9 0.010 9.52 0.115 0.00
1709.2
1707.0
KLCI futures WINTONI 27,565 -12.50 -0.025 0.175 0.190 0.165 SKPETRO 36,937.2 0.070 3.29 2.200 15.13 0.95
TALAMT 27,435 18.18 0.010 0.065 0.065 0.055 PERISAI 34,815.4 0.010 2.74 0.375 14.90 0.00
1704.8
FBMKLCI-C4 23,220 25.00 0.020 0.100 0.105 0.085 AIRASIA 34,506.5 0.030 2.34 1.310 2.34
1702.6 1,701.00 RA 19,673 -50.00 -0.005 0.005 0.005 0.005
(+18.50) FBMKLCI-HG 34,196.4 -0.015 -6.00 0.235 0.00
1700.4
BORNOIL 18,393 3.60 0.020 0.575 0.585 0.550 BJCORP 34,143.4 UNCH UNCH 0.435 2.43 2.30
1698.2
INGENCO 17,429 8.33 0.005 0.065 0.065 0.060 TENAGA-C20 32,572.3 0.015 13.64 0.125 0.00
1696.0
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15 SCOMI 17,386 2.50 0.005 0.205 0.215 0.200 CSL 31,031.4 UNCH UNCH 0.130 2.05 0.00
BJAUTO 13,276 7.65 0.140 1.970 1.980 1.810 WINTONI 27,564.9 -0.025 -12.50 0.175 0.00
PWORTH 11,228 7.69 0.010 0.140 0.145 0.130
Daily FBM KLCI MITRA 10,436 7.41 0.080 1.160 1.190 1.080
TALAMT 27,434.8 0.010 18.18 0.065 0.00
THHEAVY 26,384.2 0.005 2.44 0.210 0.00
MULPHA 9,507 3.28 0.010 0.315 0.320 0.300 HSI-CP 25,574.5 -0.010 -8.70 0.105 0.00
KL Composite Index Moving average - 20-day DSONIC-CE 25,514.2 0.005 10.00 0.055 0.00
Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
1950.0 1,706.54 FBMKLCI-HK 25,118.8 -0.005 -1.96 0.250 0.00
traded for a particular counter on the previous trading day is more than triple the average volume for the
(+14.34) last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
market expectations for these counters. Top gainers and losers (ranked by RM)
1667.5
UP
1385.0 1,642.60 Malaysian shares, ringgit gain CLOSE
CHANGE
(RM)
DOWN
CLOSE
CHANGE
(RM)

1102.5
on better oil prices BAT
PETDAG
62.500
23.500
0.500
0.380
PANAMY
FBMKLCI-HS
20.760
0.550
-0.420
-0.290
HSI-HK 0.180 0.310 HSI-HE 1.010 -0.200
FBMKLCI-C15 0.520 0.300 HSI-HO 1.270 -0.190
KUALA LUMPUR: The FBM KLCI rose 14.34 points or 0.85% FBMKLCI-C16 0.455 0.290 HSI-HL 1.270 -0.170
820.0 while the ringgit strengthened significantly, helped by higher UMW 8.380 0.270 MAGNI 5.400 -0.160
Jan 2, 2008 Oct 9, 2015 crude oil prices and anticipation that the US could postpone PPB 15.680 0.240 KOSSAN 7.740 -0.140
its interest rate hike. SCIENTX 7.690 0.240 SHELL 5.830 -0.100
900
At 5pm last Friday, the KLCI closed at 1,706.54, driven KLK 22.600 0.220 AEONCR 13.500 -0.100
APM 4.300 0.220 POHUAT 3.400 -0.100
600
by oil and gas counters like SapuraKencana Petroleum Bhd
TENAGA 12.500 0.220 SJC 0.800 -0.100
and Petronas Chemicals Group Bhd. Crude oil, currency and NESTLE 73.400 0.200 INARI 3.310 -0.090
300 share markets took the cue from investors expectation on
the timing of US interest rate hikes last Friday. Top gainers and losers (ranked by percentage)
0
Volume (mil)
Areca Capital Sdn Bhd chief executive officer Danny
Wong said, Improved crude oil prices is the key factor that UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
boosted the local market today (last Friday).
FBM KLCI futures For the past two days, we can see foreign fund inflow in FBMKLCI-C16 0.455 175.76 BJAUTO-CE 0.005 -83.33

CONTRACT SETTLEMENT CHANGE HIGH LOW


the local market. The inflow will continue if oil prices con- FBMKLCI-C15 0.520 136.36 HSI-CQ 0.010 -71.43
TENAGA-C15 0.010 100.00 ARMADA-CY 0.005 -66.67
OCT-15 1,701.00 18.50 1,717.00 1,697.00 tinue to go up, Wong told theedgemarkets.com. He noted LBS-WB 0.340 100.00 GAMUDA-C22 0.065 -56.67
NOV-15 1,691.00 16.50 1,706.00 1,689.50 that the US Federal Reserve (Fed)s meeting minutes, which PWORTH-WA 0.010 100.00 RA 0.005 -50.00
DEC-15 1,678.00 15.50 1,693.50 1,677.00 hinted that a rate hike was unlikely to happen this year, had FBMKLCI-C2 0.320 52.38 AMEDIA-WA 0.005 -50.00
given more clarity to the market. RHBCAP-CU 0.015 50.00 CHINA50-C4 0.005 -50.00
FBM KLCI sensitivity* Last Friday, Brent crude oil prices rose to US$53.47 per ARMADA-CZ 0.015 50.00 HUBLINE-WA 0.005 -50.00

KLCI CHANGE CLOSE VOLUME barrel. The ringgit, which tracks crude oil prices, strength- BJAUTO-CH 0.015 50.00 FBMKLCI-C24 0.110 -45.00
COASTAL-WA 0.350 48.94 TGOFFS-WA 0.030 -40.00
AXIATA GROUP
POINTS
2.53 0.170
(RM)
6.380
(RM) ('000)
20039.2
ened to 4.1295 against the US dollar at 5pm. Earlier, the ex- ASDION 0.475 43.94 FBMKLCI-HS 0.550 -34.52
TENAGA NASIONAL 2.12 0.220 12.500 24436.3 change rate reached its strongest intraday point at 4.0802. ASDION-WB 0.400 42.86 UMW-CU 0.010 -33.33
PETRONAS CHEMICAL 1.91 0.140 6.540 12122.1 The exchange rate closed at 4.2355 last Thursday.
MAYBANK 1.30 0.080 8.600 16698.1 Reuters reported that Asian shares rose last Friday, taking Top gainers and losers - warrants (ranked by percentage)
IOI CORPORATION 1.10 0.100 4.440 9184.7 their cue from the jump in oil prices and Wall Street gains after
GENTING 0.90 0.140 7.810 4278.4 UP CHANGE DOWN CHANGE
SAPURA-KENCANA 0.72 0.070 2.200 36937.2
minutes of the Feds latest meeting damped down expecta- CLOSE (%) CLOSE (%)
PETRONAS DAGANG 0.64 0.380 23.500 548.9 tions of an imminent Fed rate hike. by Chen Shaua Fui FBMKLCI-C16 0.455 175.76 BJAUTO-CE 0.005 -83.33
CIMB GROUP 0.58 0.040 4.960 13347.3
World equity indices FBMKLCI-C15 0.520 136.36 HSI-CQ 0.010 -71.43
UMW HOLDINGS 0.54 0.270 8.380 2491.6 TENAGA-C15 0.010 100.00 ARMADA-CY 0.005 -66.67
DIGI.COM 0.53 0.040 5.740 17869.1 CLOSE CHANGE CLOSE CHANGE LBS-WB 0.340 100.00 GAMUDA-C22 0.065 -56.67
PPB GROUP 0.49 0.240 15.680 482.7
DOW JONES 17,084.49 33.74 INDONESIA 4,589.34 97.91 PWORTH-WA 0.010 100.00 AMEDIA-WA 0.005 -50.00
K.LUMPUR KEPONG 0.40 0.220 22.600 1742.4
S&P 500 2,014.89 1.46 JAPAN 18,438.67 297.50 FBMKLCI-C2 0.320 52.38 CHINA50-C4 0.005 -50.00
RHB CAPITAL 0.31 0.070 6.200 793.1
NASDAQ 100 4,370.01 19.86 KOREA 2,019.53 13.69 RHBCAP-CU 0.015 50.00 HUBLINE-WA 0.005 -50.00
TELEKOM MALAYSIA -0.39 -0.060 6.820 8696.7
FTSE 100 6,416.16 41.34 PHILIPPINES 7,138.91 32.12 ARMADA-CZ 0.015 50.00 FBMKLCI-C24 0.110 -45.00
GENTING MALAYSIA -0.61 -0.060 4.420 5892.1
AUSTRALIA 5,279.69 69.29 SINGAPORE 2,998.50 51.47 BJAUTO-CH 0.015 50.00 TGOFFS-WA 0.030 -40.00
SUB-TOTAL 13.08
CHINA 3,183.15 39.80 TAIWAN 8,445.96 -49.27 COASTAL-WA 0.350 48.94 FBMKLCI-HS 0.550 -34.52
OTHERS 1.26
HONG KONG 22,458.80 103.89 THAILAND 1,411.33 19.18 ASDION-WB 0.400 42.86 UMW-CU 0.010 -33.33
GRAND TOTAL 14.34
INDIA 27,079.51 233.70 VIETNAM 588.02 1.24 GENTINGC22 0.060 42.86 FBMKLCI-C22 0.165 -31.25
* How stock price changes affected the index on the previous trading day

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SPECIAL REPORT
OCTOBER 12, 2015

P R O P E RT Y
S HOWCAS E

BOLD
INITIATIVES
FOR THE 21ST
CENTURY HOME
Young developers raise
the bar by working
together and focusing on
the customer

A COLLABORATION BY
special report S4 MAPEX PROPERTY SHOWCASE THEEDGE MAL AYSIA | OCTOBER 12, 2015

PATRICK GOH/THE EDGE

EDITORIAL
SENIOR MANAGING EDITOR
AZAM ARIS
MANAGING EDITOR
ANNA TAING
CONTRIBUTOR
CO N T E N T S ELAINE BOEY
EXECUTIVE EDITOR (PRODUCTION)

Clear focus on
OOI INN LEONG

REHDA YOUTH
6 CHIEF COPY EDITORS
PUSHPAM SINNAKAUNDAN,
MAH PIN PIN
SENIOR COPY EDITOR S
KENNETH FRANCIS MARTINUS,
TAKES A FRESH WONG SOON FAH,
APPROACH

the needs of
MARICA VAN WYNEN
COPY EDITOR
LEE MEI GEOK

THE YOUNG ARE


8 ART DIRECTOR
SHARON KHOH
DESIGN TEAM
LEE WAN YEE

TRENDSETTERS

12
todays homebuyer ADVERTISING & MARKETING
CHIEF MARKETING OFFICER
SHARON TEH (012) 313 9056
GENERAL MANAGER
(DIGITAL MEDIA)
KINGSTON LOW (012) 278 5540

T
A DIFFERENT he members of the youth wing of the Real Estate and Housing Developers SENIOR SALES MANAGERS
Association (Rehda) are leading the way with their fresh outlook on the GEETHA PERUMAL (016) 250 8640
MANAGEMENT world. They run dynamic, innovative and market leading companies with
FONG LAI KUAN (012) 386 2831
PETER HOE (019) 2215351
STYLE a clear focus on what the customer of today wants. GREGORY THU (012) 376 0614
These young developers exhibit wisdom and foresight beyond their ACCOUNT MANAGERS
CHERMAINE LIM (017) 613 6392

YOUNG
14 years, and are pragmatic in executing their business plans. Rehda Youth is
a community of truly impressive entrepreneurs who view their roles as more than
just builders of homes.
CHRIS WONG (016) 687 6577
LEE SOO SIN (012) 710 6220
LUM WAI FONG (016) 218 5908
LUQMAN AB RAHIM (017) 629 0297
Indeed, they wear many hats business leader, developer, retail manager, mar- SHAFINA SYAHRIR (017) 281 4787
DEVELOPERS GIVE keter, partnership builder, change agent, trend setter and so on. Rehda Youth is a net- SHANNON LEONG (012) 677 5345
THEIR VIEWS working platform for these developers to meet, socialise, learn, share and collaborate. SHARON LEE (016) 330 157
SHAUN LEE (012) 658 7245
In this special report, several Rehda Youth members, including chairman Sam CREATIVE MARKETING

18
INTERESTING
Tan and deputy secretary Valerie Ong, provide their insight into the preferences and
buying behaviour of aspiring property buyers. Among the current trends discussed
are initiatives to build integrated developments and collaborative efforts to share fa-
CHRIS WONG (016) 687 6577
HEAD OF MARKETING SUPPORT &
AD TRAFFIC
LORRAINE CHAN
cilities for the mutual benet of customers and service providers. AD TRAFFIC ASST MANAGER
GLOBAL REAL The young developers also share their vision of the housing industrys next evo- ROGER LEE (603) 7721 8004
EMAIL mkt.ad@bizedge.com
ESTATE TRENDS lution and what future homes will look and feel like. Their foresight, ambition and
investment decisions will clearly inuence the properties that Malaysian home- CORPORATE

buyers will have available to them in the near future. Although the property market PUBLISHER & GROUP CEO

20
TRENDS IN THE
is currently facing challenges, these developers remain bullish about its prospects.
This special report also includes the views of seasoned developers, such as Rehdas
HO KAY TAT
MANAGING DIRECTOR
AU FOONG YEE
DEPUTY MANAGING DIRECTOR
patron, Tan Sri Teo Chiang Kok. He shares his perspective on these young developers,
LIM SHIEW YUIN
LOCAL MARKET discusses issues in the property market and proposes solutions to some of the more
pressing problems the industry is currently facing. WE WELCOME YOUR COMMENTS,
To better serve the property industry, Rehda Youth is working to bridge the infor- LETTERS AND CRITICISM.

22
THE APPEAL OF
mation divide among stakeholders and homebuyers. One key initiative is the use of
property exhibitions as a forum for developers to showcase their properties and where
PHONE (03) 7721 8000
EMAIL editor@bizedge.com

PSEUDONYMS ARE ALLOWED BUT


aspiring homebuyers can view a variety of new products and available properties in
HOMES OUTSIDE one convenient location.The third Malaysian Property Exposition (Mapex) showcase
PLEASE STATE YOUR FULL NAME,
ADDRESS AND CONTACT NUMBER
THE CITY organised by Rehda Youth will be held from Oct 14 to 18 at 1 Utama Shopping Centre. (TEL/FAX) FOR US TO VERIFY.
THEEDGE MAL AYSIA | OCTOBER 12, 2015 S5 special focus
special report S6 MAPEX PROPERTY SHOWCASE THEEDGE MAL AYSIA | OCTOBER 12, 2015

Rehda Youth takes a fresh approach


Young property developers are working together to raise the bar

ALL STORIES BY ELAINE BOEY building. No one thought about connecting buildings liability of third-party companies, says Tan.
that are owned and managed by different developers. Developers have a reputation for being greedy and

A
customer-centric approach has enabled Now, we think connectivity and accessibility. We constantly looking for ways to cut costs and squeeze
members of Rehda Youth to improve their want to draw a crowd to an area regardless of build- our vendors. But I would say that we are actually will-
property developments, add value to the ing or shop. So, competing companies work together ing to pay a premium price if it means that we can
industry and create a win-win situation and discuss how to give the customer a better expe- rely on the external supplier or vendor. In this era,
for all parties. A shared vision has also rience. We look for synergies between us. This results maintaining our brand value is very important and
resulted in close friendships among the in better roads and perhaps, sharing of facilities like we dont want to jeopardise our reputation or the
young property developers. car parks, where one developer provides the car park quality of our developments.
Rehda Youth is the youth wing of the Real Es- facility and the other provides a shuttle bus. Ulti- By recommending and by sharing experiences,
tate and Housing Developers Association (see box). mately, everyone wins. we dont need to repeat the mistakes that have been
Rehda Youth works together to create a better future, With a genuine desire to work together, develop- made. This also puts us in a better position to ne-
says Sam Tan, the associations chairman and group ers have also taken the bold step of sharing plans gotiate. Word-of-mouth recommendations are very
managing director of KEN Holdings Bhd. and blueprints of upcoming projects. When KIP was important, especially among millennials. This is how
The core values and principles of the company developing a mixed-use project in Sepang, I saw the news spreads in the era of social media.
that we represent have not changed. The difference plans of other developers that were also starting to While it appears counterintuitive to teach a com-
is the mindset. Rehda Youth is a unique association. build in that area, says Ong. petitor, young developers no longer feel the need to
Our members are young adults; property developers Some may ask why we are sharing what used to be withhold information and monopolise the market.
of varying experience. We have a fresh approach to restricted information. But competition does not scare Members who are inexperienced in certain aspects
doing things and this has reaped many benets for our us. Our concern is to deliver a property that meets the of property development have found mentors in
members, our customers and the real estate industry. needs of our target market and at a price they can afford. Rehda Youth.
At Rehda Youth, the notion that businesses can Homebuyers are increasingly sophisticated and they [Rehda Youth committee member] Teo Chui Ping
only operate in a dog-eat-dog environment is seen want a lifestyle. This is true for buyers in all housing [of Bandar Utama Development Sdn Bhd] is a good
as old school and is no longer practised among the segments low cost, medium cost or luxury. example of a mentor in this group. 1 Utama Shopping
members of this ve-year-old association. The cold By sharing information, our developments are Centre has the best car park facility for a shopping
logic of business competition doesnt apply in the made better for the customer. We can also ensure that mall, and she was willing to explain how to struc-
property industry. It is relevant in fast-moving indus- our products are strategically positioned to cater for ture a car park and how to manage it. This type of
tries, like technology and electronics, where products different target markets or to serve different needs. information is not easily available since it is based
have a life span, says Tan. This way, we want each [developer] to survive and on years of experience, says Ong.
In the tech industry, it makes sense for secrecy thrive. By working together, we can grow the market Working together and sharing successes also
and covertness since a gadget has to gain as much instead of ghting for the same customer. brought about new partnerships as young develop-
market share as possible in a few months. The situ- Rehda Youth has successfully developed a platform ers are teaming up to explore business opportunities.
ation is different with property. Real estate is a long- for learning and knowledge sharing. The many hats The initial idea behind a youth section for Rehda
term industry. Our buildings are still around after 30 worn by young developers require continuous learn- was succession planning. Rehda mainly deals with
years and their value should keep appreciating. This ing and members have travelled overseas to view policies in the real estate industry. This is very im-
allows Rehda Youth to take a different perspective, buildings and explore the latest trends in real estate. portant for the industry and there are those in Rehda
one that looks more at long-term value creation than Rehda Youth has organised trips to Japan, Singa- Youth who are interested in this work. However, we
how to beat the competitor. pore, Bangkok and Sydney. The schedule is relentless found that by working together, we can do more for
Young developers say their jobs require much more and we view many projects in a day. But this is not the industry than what is stipulated under the Reh-
than homebuilding.As the real estate industry evolves, about copying their ideas. As articulated by Datuk da ambit, says Tan.
homebuyers have needs beyond their immediate res- Seth Yap [director of M101 Holdings Sdn Bhd], we look The next step is to share the customer-centric
idence. To cater for changing consumer behaviours at what foreign developers are doing and aim to do approach with parties outside Rehda Youth. Ide-
and increased sophistication, developers are looking better in Malaysia, says Ong. ally, we can get all business owners who are part of
at building a community for their developments and Sharing experiences and word-of-mouth recom- a development to share the vision of delivering the
ways to cultivate a desired lifestyle. mendations are another benet enjoyed by Rehda best experience for the customer. Then, we are on
We call ourselves developers but in reality, we Youth members. We can call each other and ask for the same page and nd synergies and benets as in
are hybrid developers. All of us wear many hats, says recommendations on service providers or product Rehda Youth. Everyone stands to win if the customer
Valerie Ong, deputy secretary of Rehda Youth and providers. We also share our experiences on the re- is happy, says Tan. E

director of KIP Group.


Besides building homes, we are operating malls,
running integrated developments, looking at the
mix of tenants in our projects and how we can pull
a crowd and enable people to socialise and connect
with each other. Our job is so varied now. It was very
different in the past when a developer could build a
house and move on after selling it.
Tan points to the role that developers play in the In the bigger scheme of things,
country. In the bigger scheme of things, developers developers are actually nation
are actually nation builders. We contribute towards builders. We contribute towards
economic growth as well as how a society lives. This economic growth as well as how a
is the vision that we promote at Rehda Youth. If we
can get everyone [all the developers] on the same page society lives.This is the vision that
and working towards the same objective, we can offer we promote at Rehda Youth.
the best customer or homebuyer experience, he says. | TAN
FINDING SYNERGIES
As a platform for networking and learning, Rehda
Youth allows young developers to meet and build
relationships. The common customer-centric goal
encourages competing companies to work together, THIRD PROPERTY SHOWCASE
often in a way that results in a win-win experience
for all parties.
BY REHDA YOUTH
SHAHRIN YAHYA/THE EDGE

In the past, competing developers would know of


each other but they were not close. Many were not Rehda Youth, an initiative by Rehda past president Datuk
even friends. But young developers, many second or Seri Michael Yam, was established in April 2010. Rehda is
third-generation, are different. We frequently have the national representative body for property developers
dinner and networking sessions, we go on trips or- and consists of state branch committees. Members of
ganised by Rehda Youth, and we learn together as Rehda Youth are real estate developers under the age
well as from each other. This has created a synergis- of 40. This year, the association organised its first green
tic environment, says Tan. tour series to green buildings in Kuala Lumpur, including
He cites an example of how working together can Bandar Utama Developments First Avenue, Sunway
solve problems. It is so difficult to nd a footpath that Propertys Challis Damansara, KEN Holdingss KEN
connects one building to another in Malaysia. You Bangsar, and Goldis GTower. It also organised local and
could be walking on a nice path and it ends abruptly. foreign green tours and property showcases.
It is hard to nd connecting pavements in the Kuala The Malaysian Property Exposition (Mapex) Property
Lumpur city centre. This is probably due to the old Showcase 2015, organised for the third time by Rehda
approach where companies didnt work together. Youth, will be held from Oct 14 to 18 at 1 Utama Shopping
Then, the thinking was to keep customers within one Centre in Bandar Utama.
THEEDGE MAL AYSIA | OCTOBER 12, 2015 S7 special focus
special report S8 MAPEX PROPERTY SHOWCASE THEEDGE MAL AYSIA | OCTOBER 12, 2015

The young are trendsetters


Veteran property developer Tan Sri Teo Chiang Kok talks about how the younger generation is changing the real estate
landscape as well as the issues facing the industry, such as the construction of aordable homes

W
ith more than 30 years experience un- Do you see any other trends in the property indus- is important. Critical mass (having enough tenants)
der his belt, property developer Tan Sri try that may or may not be related to the changing is needed for an integrated development to be com-
Teo Chiang Kok has long been a part of demographics? mercially viable.
the evolution of the Malaysian home. The need for a comprehensive public transport system
As a developer of successful townships, still prevails. Many social and environmental problems As a veteran in the property industry, do you have
the director of See Hoy Chan Sdn Bhd can be addressed with public transport. The trend of any advice for young aspiring homebuyers?
Group and patron of the Real Estate and Housing De- sharing transport is growing in other countries. In Young buyers are very brand conscious and they have a
velopers Association Malaysia (Rehda) is accustomed the US, a number of people are choosing to rent cars preference for global brands. The provision of branded
to meeting the changing needs and preferences of as- instead of buying their own. appliances in a home can differentiate one development
piring homeowners. In Malaysia, developers need to provide two car from another and developers are compelled to offer
Over the course of his career, he has been through parks per housing unit as well as parking space for branded appliances as part of their marketing strategy.
dips, troughs and rises in the property market and visitors. Even a low-cost housing project requires car The problem lies in the dichotomy between the
observed common mistakes made by developers and parks. Up to half a development can be dedicated to car desire for brands and the ability to afford them. Inter-
buyers. Here, he shares his insights into the new gener- parks and this pushes up the cost of the development national brands command a price premium and the
ation of homebuyers and developers who are changing and price of the housing units. Sometimes, the cost of provision of branded appliances will push up the price
the way homes are built. two car parks is equivalent or more than the cost of the of a home. In terms of functionality, a branded and a
He also talks to The Edge about the trends in the home. The balance is not right as this does not make generic item may be exactly the same.The irony is that
property market and suggests solutions for many of nancial sense. both items are probably made in the same factory, as
the problems in the industry, from the construction I hope to see more bus routes and buses in Malaysia. many brands are outsourcing the manufacturing pro-
of affordable homes and social housing to dealing Buses will complement the existing and future MRT cess to a third party.
with urban ghettos. The following is an excerpt from and LRT lines. Now, developers are providing coaches to I would caution young aspiring homebuyers against
the interview. ferry people between LRT stations and shopping malls deciding on a property based on the provision of branded
to cater for the need for public transport. appliances. I prefer a more utilitarian approach to be
The Edge: Young adults in their twenties and thirties Another trend in the property industry is growing taken during the buying process. Be judicious with the
are a large and inuential customer group.They are demand from the older generation for high-rise prop- use of money.Always look at the functions and usability
changing the way products are made and sold in all erty. This target market is called the empty nesters as of what you are getting instead of comparing brands.
industries. As a leading property developer in the their children have grown up and are no longer living I also encourage aspiring homebuyers to emphasise
country, what have you noticed about the younger with them. comfort and liveability. Some developments look very
generation of property buyers? What trends have Empty nesters are a big market for developers.They impressive but they are not liveable. For example, the
emerged from their buying behaviours? are generally looking to move from a landed property interior design is ultramodern with fancy chairs, but
Tan Sri Teo Chiang Kok: Young aspiring homeowners into a high-rise. Empty nesters tend to travel and they you have to twist your body to face the television. In my
are informed property buyers. They travel extensively want to be able to lock up their homes and leave without opinion, functionally and comfort are very important
and have seen new property developments in other worrying about break-ins. High-rises with a compre- because you will be spending hours in your home every
countries.They know what they want and have certain hensive security system offer this convenience. Since day. Ideally, the design should be beautiful, practical and
expectations. Developers have to be nimble and respond empty nesters are usually trading in one property for useable. Unfortunately, this is not easy to determine as
quickly to the needs and expectations of this age group. another, they can afford larger built-up areas. Bigger beauty is in the eye of the beholder.
For the young, the personal living space within a condominiums also suit the lifestyle that they have I have mentioned the provision of more shared spaces,
housing unit is not as important as the common space grown accustomed to in a landed property. more common facilities, in new developments. For the
that can be used by a group.There is a clear need for space developer, building these facilities incurs a one-time
where people can get together. Consequently, houses Are integrated developments popular with young cost. We can make the development look sexy solely for
are getting smaller, but more and more common facil- property buyers? Will there be more mixed-use marketing purposes, and then sell the housing units.
ities are being made available within a development. developments that incorporate residential, com- Homebuyers, however, have to pay a recurring main-
I nd that younger buyers are generally more accept- mercial, retail, entertainment and leisure compo- tenance cost for these facilities. Over time, the cost
ing of sharing spaces and facilities. In contrast, older nents within the same structure or within walk- of maintenance will add up and this amount can be
folks those of my generation prefer to own. Take ing distance? substantial. I expect buyers will become increasingly
for example, the need to exercise.The older generation Integrated developments or mixed-use developments discerning and will seriously consider the need for, for
will buy a treadmill and use it at home. We feel embar- are here to stay. Urbanisation is taking place around example, two swimming pools or an extremely large
rassed working out next to the young with muscular the world and most of the worlds population will even- gymnasium and so on.
physiques and are not keen to go to a gymnasium. How- tually become city dwellers. Integrated developments Finally, I would advise aspiring homeowners to an-
ever, the gymnasium is a practical solution for young that cater for housing, business, social and recreational ticipate the possibility of selling their property in the
adults. They prefer to exercise, meet up and socialise needs in one place are seen as a sustainable solution future. Many reasons a new job or a growing family
in a shared space. This is an example of the differing for many of the problems faced by sprawling suburbs. that needs more space would warrant the need to
attitudes and preferences between the young and old. These buildings make the best use of resources and sell. Mobility is a part of life these days.
Smaller homes t into the larger social trend of fully utilise supporting infrastructure throughout the Do evaluate all the factors that support appreciation
smaller family units. Since both spouses tend to hold day (24 hours). For example, cables or roads are used be- of the property during the buying process. As always,
full-time jobs, there is less time for household chores, fore, during and after working hours. In comparison, aspiring buyers should look at the developers track
especially cleaning, cooking and gardening.A big kitch- sprawling suburbs only effectively use the underlying record. In Malaysia, property buyers are taking a risk
en is no longer necessary. Furthermore, appliances are infrastructure for eight hours a day, typically before with the developer because the construction process
getting smaller and smaller this is the product min- and after working hours. is based on progressive payment [based on the sell-
iaturisation trend. It is also logical to outsource house- Integrated developments also promote a cleaner and then-build concept]. So, the ability to deliver what is
hold activities to an external party. This way, a family greener environment by cutting down on the need to promised is extremely important. A good developer
can enjoy facilities such as a garden even though they travel. Although living spaces may be more compact, will always deliver what is promised. This is a core
dont possess or maintain it. Smaller built-up areas are the quality of life is preserved and can be made better value in this business.
also more affordable. with these developments. Travel time is reduced and
Affordability has long been a key concern in the conveniences are literally available at your doorstep. How have developers responded to the buying
property industry. If designed well and nicely tted, a This suits the youngs social way of living. I have seen behaviour, wants and needs of the younger home-
small unit of between 500 and 700 sq ft can be very cosy. such developments re