FBM KLCI 1544.46 5.30 KLCI FUTURES 1544.00 6.00 STI 3220.03 0.06 RM/USD 4.1405 CPO RM2629.

4.1405 CPO RM2629.00 21.00 OIL US$57.32 0.98 GOLD US$1583.80 7.50
PP 9974/08/2013 (032820)
PENINSULAR MALAYSIA RM2.00

MONDAY FEBRUARY 17, 2020 ISSUE 3067/2020

FINANCIAL
DAILY
www.theedgemarkets.com
MAKE
BETTER
DECISIONS
Wage support for Singapore
firms in Budget 2020 amid
Covid-19 outbreak PA G E 2
4 HOME BUSINESS

Does the
government need
the golden shares
in hand?
5 HOME BUSINESS
WHERE TO
What has
driven MyEG share PUT THE
MONEY
price higher
6 HOME BUSINESS

Earnings growth
anticipation
heats up at
QL Resources in this
10 H O M E

Chin Tong: Build

trust at the top
low interest
10 H O M E

Censored art
environment?
exhibition Experts stress the
reinstated in full importance of having
16 F O C U S a diversified portfolio.
Global economic Wong Ee Lin has the
policy direction now story on Page 4.
hinges on China’s
next move

Amid selldown, analysts maintain ‘overweight’

rating on bank stocks 7 H O M E B U S I N E S S
2 M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
ON EDGE T V
www.theedgemarkets.com
PM to reveal
stimulus details
on Feb 27
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Wage support for
Singapore firms amid
Covid-19 outbreak
Budget 2020 is to also include help for households on cost of living
SINGAPORE: Companies will re-
ceive wage support, tax rebates and
rental waivers, while households
will get help to manage the cost of
living, as part of the government’s
response to the Covid-19 outbreak.
Singapore’s researchers will also
be intensifying their work with their
global partners to better understand
the nature of the coronavirus, develop
faster diagnostic tests, and trial new
treatments and potential vaccines.
These are among the additional
responses — apart from the slew of
public health measures in place —
that will help Singapore see through
the outbreak, said Deputy Prime
Minister Heng Swee Keat in a mes-
sage to Singaporeans yesterday.
Helping companies,
workers and households
Heng, who is also finance minister,
said he will unveil several meas-
ures to support companies and
help workers stay in their jobs in
his Budget statement last Tuesday.
“We will provide wage support
to help companies preserve jobs for
local workers,” he said. “We will pro-
vide tax rebates and rental waivers to
help companies with their cash flow.”
More support will be given to sec-
tors that have been the hardest hit, in-
cluding food and beverage, and retail.
“We will also support firms and
workers to make the best use of this
period to restructure, train and up-
grade, so that we emerge stronger
when the eventual upturn comes,”
Heng added.
He noted that in this time of
uncertainty, households are more
concerned about their expenses.
“So I will introduce a package to
help households with their cost of
living,” Heng said.
He gave the assurance that the
Wan Azizah: Cruise ships from
China not allowed to enter M’sia
PUTRAJAYA: All cruise ships that
depart or transit from any ports in
China will not be allowed to enter
Malaysia for the time being, said
Deputy Prime Minister Datuk Seri
Dr Wan Azizah Wan Ismail.
She said the move was a tempo-
rary measure to prevent the spread
of the Covid-19 infection follow-
ing a case involving an American
woman who tested positive for the
cluster infection on Saturday.
The government, she said, was
aware that the woman, aged 83,
was one of 1,455 passengers on the
cruise ship MS Westerdam which
government “will do all that is nec-
essary to get workers and compa-
nies hit hard by this global health
crisis back on their feet”.
“With all these additional support
measures, you have my assurance that
we will rebound from this,” Heng said.
Mobilising new capabilities
Singapore is also mobilising its new
capabilities that have been developed
since the severe acute respiratory
syndrome (SARS) outbreak in 2003.
These include the National Cen-
tre for Infectious Diseases and bet-
ter infrastructure across the repub-
lic’s healthcare system to deal with
outbreaks like this.
“But one lesser known area in
this fight is the role of science and
technology,” Heng said.
See related story on Page 19
“Over the past three decades, we
invested significantly in building
up our research and development
ecosystem, especially in health and
biomedical sciences,” he added.
Heng pointed out that since the
outbreak, Singapore’s researchers
have been working hard behind the
scenes, along with the healthcare
community and companies, and
collaborating with scientists from
around the world.
The republic’s researchers de-
veloped a diagnostic kit for the vi-
rus, which has helped in screening
efforts for suspected cases.
“To help with the global fight
against the virus, we are contrib-
uting test kits for 20,000 tests to
China,” he said.
“China is putting in significant
effort, and doing the best they can.
All of us will benefit from China’s
success in overcoming the outbreak.
had docked in Hong Kong.
“We know the ship stopped in
Hong Kong for a night before em-
barking on a 14-day East Asia voy-
age on Feb 1.
“So, there is a possibility of con-
tact between the passengers and
the Hong Kong people, where some
of them may have been exposed to
the virus,” she told a media confer-
ence on the latest developments of
Covid-19 here yesterday.
Also present was Health Minister
Datuk Seri Dr Dzulkefly Ahmad.
On Saturday, Health direc-
tor-general Datuk Dr Noor Hish-
For breaking news updates go to
www.theedgemarkets.com
“So Singapore and the global
community must do our part to
contribute to this effort.”
Strengthening global resilience
Singapore also needs to strengthen
its social and psychological resil-
ience in the fight against Covid-19.
To play a part in this fight, the
public can start by looking after
themselves and observing good
personal hygiene.
“Stay updated on the situation
from credible sources. Be discern-
ing about what you read on social
media,” Heng said.
He also urged the public to be
socially responsible by seeing a
doctor if one is unwell, and saying
home if on medical leave and not
mingle with other people.
“If you are well, carry on with nor-
mal life as far as possible,” he said.
“And do not panic buy or spread
rumours.
“We have enough supplies of
food, and an adequate stockpile of
masks and other essential items, if
used responsibly.”
Those who hoard will deny oth-
ers with real needs, Heng said, as he
urged the public to also care for others.
“I am inspired by the many ex-
amples of generosity and kindness
showed by Singaporeans,” he said.
“These may be simple acts, but
they demonstrate the best of the
Singapore spirit.
“SG [Singapore] United is our
rallying call for this outbreak in a
whole-of-society effort.”
The outbreak, he said, is a test
of Singapore’s social cohesion and
psychological resilience.
“Together, we can overcome this
outbreak and emerge stronger and
more united, as one people,” he
said. — TODAYOnline
am Abdullah, in a statement, said
the woman and her husband were
among the 145 passengers on board
MS Westerdam that berthed in
Cambodia on Feb 13 before arriv-
ing in Malaysia the next day.
According to Dr Noor Hisham,
the woman and her husband were
found to have symptoms as soon
as they landed at the Kuala Lum-
pur International Airport and were
then referred to the Sungai Buloh
Hospital, where screening tests
conducted on them found only the
woman tested positive for Covid-19.
— Bernama
IN BRIEF
Thailand raises US$3.2b
at fifth-generation
licence auctions
BANGKOK: Thailand’s tel-
ecommunications regula-
tor raised 100.52 billion baht
(US$3.2 billion/RM13.24 bil-
lion) in fifth-generation (5G)
spectrum auctions yesterday,
with operators snapping up 48
licences ahead of an expected
commercial roll-out later this
year. Thailand’s top mobile oper-
ator, Advanced Info Service Pcl,
emerged as the biggest winner
with 23 licences across all three
spectrum bands in the auctions
that lasted over five hours. The
National Broadcasting and Tel-
ecommunications Commission
said the 5G technology, with
data speeds up to 100 times fast-
er than fourth-generation net-
works, will help drive the coun-
try’s digital economy. — Reuters
China vows more
fiscal support as virus
roils a slowing economy
BEIJING: China pledged to roll
out more effective stimulus de-
spite a widening fiscal gap as
the Covid-19 hits an already
slowing economy, highlighting
the challenges the epidemic is
imposing as the death toll stacks
up and thousands of new cas-
es are reported each day. The
nation will further perfect and
implement measures this year
to reduce corporate taxes and
cut unnecessary government
expenses as the virus takes a
toll on production, Chinese Fi-
nance Minister Liu Kun wrote
on Sunday in Qiushi, the Com-
munist Party of China’s flagship
magazine. — Bloomberg
Deutsche Bank’s risky-
debt decision loses bite
after bond sale
LONDON: Deutsche Bank AG
may have defused a potential
land mine in its still-fragile
turnaround. A once-treacher-
ous decision about whether to
retire one of the bank’s riskiest
bonds in April has almost be-
come a non-event amid signs
of progress in the overhaul and
overwhelming evidence of the
lender’s ability to sell Additional
Tier 1 (AT1) notes in a red-hot
market. The bank has also avoid-
ed much of the opacity that riled
Banco Santander SA bondhold-
ers ahead of a similar AT1 call
decision last year. — Bloomberg
HK protesters rally
against planned virus
quarantine centres
HONG KONG: Hundreds of
demonstrators rallied for a sec-
ond day in Hong Kong yester-
day to protest against plans to
turn some buildings into Cov-
id-19 quarantine centres, reviv-
ing anti-government protests
in the Chinese-ruled city. The
virus has opened a new front
for protesters after months of
demonstrations over the per-
ceived erosion of freedoms
had largely fizzled out over the
past month, as people stayed
at home amid fears of a com-
munity outbreak of the virus.
— Reuters
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY 3
4 HOME BUSINESS M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY

Where to put the money in

this low interest environment?
Experts stress the importance of having a diversified portfolio
BY WO N G EE L I N
KUALA LUMPUR: As interest rates
fall amid the slowdown in eco-
nomic growth globally and in an-
ticipation that economic woes will
continue, an important question for
many people is where to put their
cash in the current environment.
While market experts say there
will be a greater shift of interest to-
wards the stock market in times of a
low interest environment, the gen-
eral advice is that investors should
opt for a diversified portfolio.
Affin Hwang Asset Management
Bhd senior portfolio manager Lim
Chia Wei said a portfolio diversi-
fied into equities and bonds will
still generate positive returns —
although lower than the historical
average — especially moving into
a late-cycle environment.
“The reality is that the low interest
rate environment has pushed up the
valuation for almost every asset class,
including equities and bonds,” said
Lim, adding that the search for yields
may lead investors to lean towards
more income-based investments for
stability and capital preservation.
While there are asset classes
that come with higher yields or
potential returns, higher risk pro-
files naturally come alongside, said
Lim. “For instance, equities will still
generate higher long-term returns
as compared to bonds, but it will
be more volatile with potentially
higher drawdowns,” he added.
TA Investment Management Bhd
chief investment officer Choo Swee
Kee said savers should have a di-
versified portfolio encompassing
emergency cash, fixed income or
fixed deposits, property assets, eq-
uities and commodities (inclusive
of gold) in that order.
In a nutshell, having a diversi-
fied portfolio would mean a more
balanced risk and reward.
“The first objective of the port-
folio should be on consistent in-
come to meet minimum retire-
ment needs. Once the minimum
retirement needs are fulfilled, then
only should the savers look at en-
hancing returns on extra funds by
taking more risks in risk assets such
as equities, commodities or forex
(foreign exchange) trading,” Choo
told The Edge Financial Daily.
He, however, pointed out that
commodities other than precious
metals such as gold are volatile
and may not be suitable for savers.
“In the case of gold, it does not
generate any yield but is an instru-
ment to store value and as an inflation
hedge,” he said, adding that savers
should not dabble in currencies un-
less for holidays and children’s edu-
cation or if they have plans to migrate.
Jerry Lee Chee Yeong, an assis-
tant portfolio manager at online
investment platform Fundsuper-
mart, said it is always important
for savers to have sufficient emer-
gency funds that need to be liq-
uid enough, before building their
investment portfolios.
“Investors can look into money
market funds whose interest will be
given on a daily basis without be-
ing forced to lock in the money for
a stipulated period. Short duration
bond funds can be another option
for investors to park their money as
well,” Lee suggested.
For other instruments like com-
modity, currency and bitcoin, be- turn, draws more investors to start
ing an alternative investment, Lee looking into the equity market that
opined that it should only be around could yield higher returns.
10% of investors’ total portfolio. “With the supportive monetary
policy (low interest rate), the equity
Equity market looking sexier markets are likely to do better than
Some savers may move out from the fixed-income assets,” said Lee,
interest-bearing instruments like adding that it will usually benefit
fixed deposits and bonds to al- growth-oriented companies where
ternative assets such as equities, the cost of funding is now relatively
commodities or derivatives that cheaper, thus helping to improve
can generate higher returns albe- the companies’ bottom line.
it at a higher degree of risk, said At this juncture, he believes that
TA’s Choo. several regional equity markets
He added that very good yields such as Asia ex-Japan, emerging
ranging from 5% to 7% are found in markets and China equities are
regional property real estate invest- currently trading at attractive valua-
ment trusts (REITs), given the cur- tions with healthy earnings growth.
rent low interest rate environment. Affin Hwang’s Lim concurred,
A quick check on Bloomberg data saying that low interest rates also
shows that Sunway REIT has an help support economic growth
indicated dividend yield of 5.16%, that would buoy stock markets in
while IGB REIT and Pavilion REIT general.
have yields of 4.4% and 4.56% re- “However, there are a few coun-
spectively. tries that continue to see lacklustre
Fundsupermart’s Lee noted that stock market movement in spite
a lower-interest rate environment of lower interest rates,” said Lim,
is supportive of the equity mar- explaining there are other factors
ket, making the valuation for equi- that outweigh the benefits of inter-
ties look rather attractive, which in est rate cuts.

Does the government need the golden shares in hand?

BY EM I R ZA I N U L
KUALA LUMPUR: Following glob-
al best practices, the government
should start moving away from
having direct involvement in the
management of government-linked
companies (GLCs), especially
through golden shares.
This is because, as economic
sectors become more liberalised
while regulators become more so-
phisticated, the concept of golden
shares as a means of control has
become less relevant.
Just last week, the Malaysian Avi-
ation Commission highlighted at a
media briefing that the government
should not have a golden share in
the aviation sector, specifically in
the public-listed airport operator
Malaysia Airports Holdings Bhd
(MAHB), in order to establish a
fair and competitive commercial
environment for the industry.
Institute for Democracy and
Economic Affairs research manager
of the economics and business unit
Lau Zheng Zhou explained that his-
torically, golden shares were used
mostly in strategic sectors such as
utilities and infrastructure compa-
nies, without which, the economy
may not function.
But as the economy develops,
Lau said, the government’s role in
the current economy should re-
main as a policymaker, not a market
participant.
“I understand that [the ration-
ale for] the government wants to
regulate these strategic sectors,
but how best does the government
intend to regulate them? Must the
government need the golden share
to achieve this?” he questioned.
Instead, Lau advocated for
regulatory institutions and their
framework to be empowered and
strengthened in order to ensure a
fair competition and efficient run-
ning of the industries.
“We must work towards dis-
entangling government control
in businesses. Ownership is fine,
but I think it’s best for the govern-
ment not to take up a managerial
role [in GLCs],” he said.
Lau contended that the presence
of a golden share may be seen as a
threat to markets, as the law pro-
vides the government to do as it
pleases. For instance, when a deci-
sion is made by the board, the gov-
ernment may overrule the decision
by exercising its right as a holder
of golden shares by arguing that
it is not in line with the “strategic
interests of the country”.
But the “strategic interests of the
country” is arbitrary and may shift
with the change in administration,
Lau explained.
“The abolishment of golden
shares must be seen as part of a great-
er effort to regulate GLCs in a more
efficient way. This would restore
market confidence in the industry,
and signal that the government is
serious about reform,” he added.
Furthermore, the government Golden share list
has other mechanisms and means Listed/
of intervention to achieve its ob- Government-linked companies unlisted entity
jective of reinforcing an open and 1 Aerospace Technology System Corp Sdn Bhd Unlisted
transparent business environ- 2 Bintulu Port Holdings Bhd Listed
ment, according to Kenanga In-
vestment head of research Koh 3 Bintulu Port Sdn Bhd Unlisted
Huat Soon. 4 Boustead Naval Shipyard Sdn Bhd Unlisted
“It (golden shares) seems re- 5 Commerce Dot Com Sdn Bhd Unlisted
dundant. Surely, there are already 6 FGV Holdings Bhd Listed
representations from the govern- 7 Hicom Holdings Bhd Unlisted
ment in the board, via representa- 8 Johor Port Bhd Unlisted
tives from Khazanah Nasional Bhd 9 Konsortium Pelabuhan Kemaman Sdn Bhd Unlisted
for instance, that would carry out
a certain degree of government 10 Kuantan Port Consortium Sdn Bhd Unlisted
oversight of these GLCs,” he told 11 Malaysia Airport (Sepang) Sdn Bhd Unlisted
The Edge Financial Daily. 12 Malaysia Airports Holdings Bhd Listed
“I think having representatives 13 Malaysia Airports Sdn Bhd Unlisted
from the government in the board 14 Malaysian Airline System Bhd Unlisted
is sufficient. Having a golden share 15 Malaysian Maritime Academy Sdn Bhd Unlisted
on top of that doesn’t serve a sig- 16 Mardec Bhd Unlisted
nificant purpose,” he added.
However, Koh admitted that the 17 Medical Online Sdn Bhd Unlisted
golden share is essential for the 18 MISC Bhd Listed
government to establish a sense 19 National Aerospace & Defence Industries Bhd (Nadi) Unlisted
of control in the GLCs, under the 20 National Feedlot Corp Sdn Bhd Unlisted
circumstance that Khazanah starts 21 Northport (Malaysia) Bhd Unlisted
paring down its equity stake in the 22 Padiberas Nasional Bhd (Bernas) Unlisted
GLCs. 23 PDX.Com Sdn Bhd Unlisted
The concern with golden shares,
Koh said, is that the market is scep- 24 Pelabuhan Tanjung Pelepas Sdn Bhd Unlisted
tical and suspicious of it because no 25 Penang Port Sdn Bhd Unlisted
one could rule out the likelihood of 26 Pos Malaysia Bhd Listed
it being abused for political ends. 27 Projek Lebuhraya Usahasama Bhd Unlisted
But, by the same token, if the 28 Sabah Electricity Sdn Bhd Unlisted
government is righteous, having 29 Senai Airport Terminal Services Sdn Bhd Unlisted
a golden share may be justified for 30 Telekom Malaysia Bhd Listed
the protection of national interests,
he added. 31 Tenaga Nasional Bhd Listed
CO NTINUE S O N PAGE 6 32 Westports Malaysia Sdn Bhd Unlisted
monday f e brua ry 17, 2020 • T HEEDG E Fina ncia l Da ily
Home business 5

What drives MyEG share price higher

The price has soared over 30% since early February
By M uh ammed Ahma d Ha mdan Bhd stock dealer Muhammad Rafiq Jajuli rities Sdn Bhd have a buy call on MyEG with Sept 30, 2019, MyEG posted a net profit of
said MyEG has ended its seven months long target prices between RM1.49 and RM1.96, RM235.31 million on a revenue of RM476.25
KUALA LUMPUR: The notion that My EG downtrend after showing signals of strength citing its promising geographical diversifi- million. EPS stood at 6.7 sen.
Services Bhd (MyEG) is politically linked to since Feb 3. cation as one of the factors, compared with There are no comparative figures for this
the previous administration no longer seems “There’s a breakout from the downtrend last Friday’s closing of RM1.37. period as the group has changed its financial
to dampen shareholders’ confidence over line which indicates that the downward trend Apart from its Indonesia venture, MyEG year end from Sept 30 to Dec 31. As such,
the electronic government service provider’s is over. The stock has seen a consolidation recently announced that its Philippines sub- the next set of audited financial statements
chances of securing new public contracts. phase and the price now settles above the sidiary MYEG Philippines Inc has launched will be for a period of 15 months.
Buying momentum has been building up Ichimoku Cloud which suggests that the its first phase of digital electronic government Likewise, Datasonic Group Bhd share
in MyEG, which analysts believe is driven by uptrend is intact,” he said. services in the Philippines, thanks to its part- price has also fared well. The stock has leaped
continued acknowledgement of the compa- The Ichimoku Cloud is a collection of nership with a state-owned firm in the country. over 60% since December last year from
ny’s successful expansion in Indonesia and technical indicators that show support and MyEG posted a net profit of RM60.43 RM1 to slightly above RM1.60 last month.
its bright prospects for two government con- resistance levels, as well as momentum and million on revenue of RM119.14 million for It retreated to RM1.51 last Friday.
tracts at home, thanks to the firm’s proven trend direction. the quarter ended Sept 30, 2019. Earnings Which is the better bet? It is not known
track record. Research houses including MIDF Invest- per share (EPS) was 1.7 sen for the quarter. as yet, but one thing is for sure one’s success
MyEG’s share price has soared over 30% ment, BIMB Securities and CGS-CIMB Secu- For the 12-month financial period ended could be at the expense of the other.
since early February, closing at RM1.37 last
Friday.
“The keyword is a proven track record,
barring everything else,” BIMB Securities
Sdn Bhd analyst Afifah Abdul Malek told
The Edge Financial Daily.
Afifah said the share price rally in the last
couple of weeks is especially driven by share-
holders’ optimism that MyEG could secure the
contracts for the foreign visa system (VLN)
and the Integrated Immigration System (IIS).
According to reports, the awarding of both
contracts are expected to be announced in the
first quarter. Afifah believes the announcement
for the VLN would come sooner than the IIS.
“The climb on MyEG share price is perhaps
due to the anticipation that the VLN contract
could be announced as early as next week.
Shareholders are anticipating that MyEG
could win the contract given its partnership
with a China-based travel agency,” said Afifah.
Based on the previous VLN contract agree-
ment, the project could see its vendor receive
a payment of RM100 per tourist. In 2018, Ma-
laysia received 25.83 million tourists, of whom
11.2% or 2.9 million were Chinese nationals.
Tourism and Culture Minister Datuk Mo-
hamaddin Ketapi recently said that Chinese
nationals continued to make up about 11% of
total tourist arrivals in Malaysia last year. This
means that MyEG could rake in about RM290
million in revenue from Chinese tourists
alone, should it be granted the VLN contract.
On the IIS contract, Afifah said there is a
possibility that the project would be awarded
to a consortium instead of a single compa-
ny. Among the companies bidding for the
project are Iris Corp Bhd, Scicom (MSC)
Bhd and HeiTech Padu Bhd.
“If this is indeed true, it would definitely
widen the chances of MyEG to be part of the
project,” she added.
The Edge reported that bids ranging from
RM1 billion to RM1.8 billion have been
submitted by some 30 bidders for the IIS,
which is replacing the now defunct RM3.5
billion National Immigration Control Sys-
tem awarded to Prestariang Bhd.
Meanwhile, MIDF Amanah Investment
Bank Bhd analyst Martin Chuan Loong Foo
said, the MyEG share price rally could be con-
tributed by shareholders’ positive reaction to-
wards the firm’s recent venture in Indonesia.
On Jan 13, MyEG announced that its Indo-
nesian associate PT Cartenz Inti Utama had
secured additional government mandates
to roll out its tax monitoring system in sev-
en provinces besides Jakarta. This followed
the company’s successful commencement
of the system implementation in Jakarta.
“The one in Jakarta was a pilot project
done free-of-charge. But the new contracts
secured for the other provinces are charge-
able. This development still has a positive
effect on the stock price although it was an-
nounced about a month ago,” said Martin.
On the technical front, Malayan Banking
6 HOME BUSINESS
Earnings growth anticipation
heats up at QL Resources
Firm has to continue delivering strong earnings growth to live up to its pricey valuation — observers
BY A R J U NA CHA ND RA N SHANKAR
KUALA LUMPUR: Shares in QL Re-
sources Bhd closed at an all-time
high of RM8.45 last Friday, and ob-
servers of the agro-food company
and master franchisee of the Fami-
lyMart chain of convenience stores
in Malaysia say QL has to continue
delivering strong earnings growth
to live up to its pricey valuation.
Its present share price has al-
ready surpassed the 12-month con-
sensus target price (TP) of RM7.52
for the stock — based on Bloomberg
data — by 12.37%.
The stock has climbed 25.07% in
the past year, adding RM2.56 billion
to its market capitalisation, which
now stands at RM13.71 billion.
A fund manager, who spoke on
the condition of anonymity, said QL
is expensive from a valuation per-
spective, given its high price-earn-
ings ratio (PER) and low dividend
yield. Bloomberg data shows QL’s
PER stands at 58.94 times, with its
dividend yield at 0.53%.
“If they can register double-digit
year-on-year (y-o-y) profit growth
of 15% to 20% in the third quarter
ended Dec 31, 2019 (3QFY20), it
will be enough to justify their val-
uation, as it shows they can deliver
three consecutive quarters of dou-
ble-digit earnings growth,” he told
The Edge Financial Daily.
Some investors are buying the
stock on the possibility that QL
would spin off the subsidiary that
houses its FamilyMart franchise
business for listing, the fund man-
ager said. If QL chooses to do so,
it could fuel further growth for the
convenience store chain in Malay-
sia, he added, which has been pop-
ular due to its ready-to-eat prod-
ucts that are increasingly popular
among Malaysians.
Besides, the stock is deemed as
Govt needs to be seen as impartial — analyst
F ROM PAG E 4
The issue of whether Malaysia
should end its practice of owning
golden shares in publicly-listed
GLCs has sparked discussions of
late.
Khazanah managing director
Datuk Shahril Ridza Ridzuan on
Jan 14 urged Putrajaya to do away
with having golden shares in GLCs
as a means of control. Instead, he
suggested that GLCs be regulated
by industry regulators rather than
via direct intervention in the com-
panies’ management, which could
be detrimental to the companies’
way of doing business.
But Prime Minister Tun Dr Ma-
hathir Mohamad was quoted by
the media as saying that the gov-
ernment insists on having golden
Affin Hwang Capital expects FamilyMart to post its maiden earnings contribution to
QL Resources this financial year.
a safe counter under current mar-
ket conditions due to its earnings
stability, the fund manager said.
Likewise, BIMB Securities Re-
search analyst Noorhayati Maamor
noted that QL is one of the rare
counters that have not been af-
fected by uncertainties hitting the
market in the past.
“QL is one of the rare few that
we think have not been affected by
global vagaries over the years, as its
earnings growth went uninterrupt-
ed despite the advent of the Asian
financial crisis, SARS (severe acute
respiratory syndrome), H1NI (swine
flu) and the subprime crisis. We be-
lieve its current earnings prospect
will remain intact, given the inelas-
tic demand for basic food products
such as eggs, frozen fish, prawns and
surimi-based products,” she said.
And its earnings growth mo-
mentum is set to continue, albeit
at a slower rate in its fourth quarter
ending March 31, 2020 (4QFY20)
due to slower consumer sentiment
amid the Covid-19 outbreak. There-
after the momentum should nor-
malise as its business of producing
staple-based food is sustainable
and generally recession-proof,
Noorhayati added.
shares to prevent the mismanage-
ment of GLCs.
A golden share allows the gov-
ernment to veto strategic decisions
made by the board, such as over-
ruling the appointment of top man-
agement positions. This gives the
government the power to exercise
its right to exert control of these
companies if needed.
“If the government truly intends
to let the industry flourish, they
can achieve it even with the golden
shares. At the same time, getting rid
of the golden shares won’t change
anything if the government does
not have its priorities right.
“In the end, it is still up to the
government whether they want to
impose control over these compa-
nies,” an analyst covering MAHB
In fact, she opined that export
demand for QL’s marine products
will rise as the ongoing viral out-
break will encourage the restocking
of frozen food.
For the six months ended Sept
30, 2019 (6MFY20), QL’s net prof-
it grew 15.18% to RM120.23 mil-
lion from RM104.38 million in the
same period a year ago, as revenue
rose 18.97% to RM2.07 billion from
RM1.74 billion.
FamilyMart’s maiden
contribution, stronger
CPO price to boost growth
In a note to investors last week,
Kenanga Research said QL is on
track to meet its FY22 target of
300 store locations for its Fam-
ilyMart business. It has already
exceeded its targeted 170 outlets
by FY20 — with some 176 stores to
date. AffinHwang Capital, mean-
while, expects FamilyMart to post
its maiden earnings contribution
to QL this financial year, with its
convenience store business set to
contribute RM24 million pre-tax
profit for FY20, RM42 million for
FY21, and RM77 million for FY22.
“With increasing presence in
the Klang Valley, Johor, Melaka,
told The Edge Financial Daily.
“If the government decides to
abolish the golden share, it would
be nice from a perspective point of
view. Investors may have a better
sentiment when businesses have
less political interference,” the an-
alyst added.
The view is concurred by an-
other analyst from a bank-backed
research house who declined to
be named due to the sensitivity of
the issue. He said the government
needs to be seen as being impar-
tial and not interfering directly in
the business operations of GLCs.
“When decisions are made, there
may be accusations levelled at the
government that they were not mar-
ket-driven decisions. As such, it
won’t look good based on market
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
QL Resources Bhd’s share price since listing
10
8
6
4
2
0
March 30, 2000
Pahang and Negeri Sembilan, the
group will continue branching out
with potential openings in Ipoh and
Penang. We gathered that decent
food traffic in these areas tends to
fare higher average revenue per
store from the added convenience.
In the longer term, we believe this
segment will be an exciting avenue
of growth for the group, banking on
its high fresh food content which
we believe takes up around 80% of
its sales,” Kenanga Research said in
the Feb 12 note.
It also upgraded QL to “mar-
ket perform” and increased its tar-
get price for QL to RM8.30 from
RM6.60. “Our valuation is based on
higher earnings estimates in addi-
tion with a higher 50x (times) FY21E
PER (from 42x)... While valuation
appears rich at this level, we believe
it is fair, premised on its resilient
earnings base and rosy earnings
growth expectations of around 10%-
13%, overwhelming pedestrian div-
idend yield of around 1%. Compar-
atively, other large (capitalisation)
F&Bs (food and beverage compa-
nies) are expected to demonstrate
only around 8% earnings growth
on average,” it noted.
Both Kenanga Research and
sentiment,” the analyst commented.
“The idea is to show that the
government is reducing its inter-
ference in businesses,” he added.
Interestingly, Hong Leong In-
vestment Bank Bhd analyst Daniel
Wong pointed out that the govern-
ment has technically not exercised
the rights provided by the golden
share. Hence, by its very nature,
golden shares in itself do not affect
investors’ sentiment.
“In essence, the golden share
doesn’t really affect a company’s
operations. What benefit will the
market get if the government de-
cides to get rid of the golden share?
Nothing,” he argued.
Case in point; foreign ownership
of MAHB is currently at over 30%,
which goes to show that investors’
RM
RM8.45
Feb 14, 2020
AffinHwang Capital also noted
that higher crude palm oil (CPO)
prices will be good for QL, whose
palm oil activities (POA) contrib-
ute 6% of the group’s total 6MFY20
revenue.
QL has 16,200ha in Sabah and
Sarawak, of which 1,200ha are
planted, and another 10,000ha
planted tract in East Kalimantan,
Indonesia, according to Affin-
Hwang capital.
“Since October 2019, CPO pric-
es have been on an uptrend, reach-
ing a peak of RM3,100/tonne in
early January 2020 on the back of
the anticipated higher demand
growth rate for palm oil products
compared to production. Con-
sequently, we lift our CPO av-
erage selling price assumption
to RM2,500-RM2,600/tonne for
FY21/22E from RM2,300-RM2,400
previously. Moving forward, FFB
(fresh fruit bunch) production is
also expected to rise on the in-
creasing maturity profile of its
plantation in Eastern Kaliman-
tan, Indonesia,” AffinHwang Cap-
ital noted in its Feb 12 note, when
it kept its “buy” call on QL, with a
higher TP of RM9.30 from RM8.50
previously.
confidence is not affected by the
golden share held by the government.
Wong argued that whether or
not the government has a golden
share in a GLC is negligible, as it
does not contribute nor does it
damage the fundamentals of the
company. In fact, he went on to say
that it would not have any effect on
its share price either.
“I won’t oppose the call to abol-
ish the golden share. I just don’t
see it will result in any effect on
investors. Even without the golden
share, it will be status quo for the
industry,” Wong said.
According to the ministry of fi-
nance, as of Oct 24, the government
had 32 golden shares in various
companies, seven of which are list-
ed entities. (See table on page 4)
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
HOME BUSINESS 7

Amid selldown, analysts maintain

‘overweight’ ratings on bank stocks
Investor sentiment is said to be hit by slower economic growth and hint of further OPR cut
BY J UST I N LI M Banking counters’ performances
Bursa Malaysia Finance Index
KUALA LUMPUR: Local banking COMPANY LAST MARKET 2019 2018 ONE YEAR YTD P/B ROE INDICATED touches over four-year low
stocks are facing selling pressure af- PRICE CAP CLOSING CLOSING CHANGE CHANGE (TIMES) (%) DIVIDEND
(RM) (RM BIL) IN 2019 IN 2020 YIELD (%) 16,000
ter the announcement last week of (%) (%)
lower-than-expected fourth-quar- Public Bank Bhd 17.62 68.40 19.44 24.01 -19.02 -9.36 1.61 13.38 3.97
ter (4Q) gross domestic product
(GDP) growth. Hong Leong Bank Bhd 15.08 32.69 17.3 19.85 -12.83 -12.83 1.18 10.50 3.32 15,500
Bank Negara Malaysia an- RHB Bank Bhd 5.71 22.90 5.78 5.06 14.27 -1.21 0.89 9.87 4.47
nounced that 4Q GDP expanded CIMB Group Holdings Bhd 4.87 48.32 5.15 5.43 -5.07 -5.44 0.84 9.10 5.34
by only 3.6%, the weakest growth AMMB Holdings Bhd 3.9 11.75 3.91 4.13 -5.26 -0.26 0.65 8.65 5.38
15,000
rate since 2009. BNM governor Da- Hong Leong Financial Group Bhd 15.84 18.14 16.9 18.13 -6.79 -6.27 0.92 10.11 2.65
tuk Nor Shamsiah Mohd Yunus Malayan Banking Bhd 8.47 95.21 8.64 8.92 -3.08 -1.97 1.20 10.61 6.73
went on to say that there is “ample BIMB Holdings Bhd 3.94 7.06 4.4 3.43 28.17 -10.45 1.16 13.77 4.06
room” for another interest rate cut 14,572.96
14,500
given the slower economic growth. Affin Bank Bhd 1.81 3.59 1.9 2.23 -14.80 -4.74 0.39 5.70 N/A
Dec 31, 2019 Feb 14, 2020
The central bank’s overnight Alliance Bank Malaysia Bhd 2.39 3.70 2.63 3.85 -31.60 -9.13 0.65 9.61 5.94
Source: Bloomberg
policy rate (OPR) is already at its
lowest point since March 2011, af- Bursa Malaysia
ter 25 basis points’ (bps) reduction Finance Index (points) 14,572.96 348.63 15,464.17 17,296.47 -10.59 -5.76 1.08 9.88 ble” given that the banking indus-
to 2.75% on Jan 22. Source: Bloomberg try’s impaired loan is on a low base.
Fundsupermart research senior “While the banking sector will
analyst Jerry Lee Chee Yeong said mainly by the expectation that impact on most banks’ NIM will be ing of deposits to lower rates will continue to face uncertainties, mar-
the banking sector is a cyclical sec- the government will roll out more between 2bps and 4bps. eventually catch up with the drop gin pressure, modest loan growth
tor and its outlook is usually cor- stimulus, including for infrastruc- “The impact of any OPR change in lending rates,” he said. and tame capital market activities,
related with the economic growth ture-related projects, to support will be short-term (estimated three Overall, he expects the OPR cut’s the sector is expected to remain
of a country. economic growth. months to six months) as the repric- impact on banks to be “managea- CON T I N UES ON PAGE 8
“Hence, the slowing economic The government is set to an-
growth as well as the hint of anoth- nounce an economic stimulus

er rate cut by BNM have affected
investors’ sentiment on the local
banking sector, which could ex-
plain the recent selldown of the
banking shares,” he told The Edge
Financial Daily.
Lee said the impact of further
rate cuts on banks’ net interest mar-
gin (NIM) is likely to be minimal
and short-lived, as some banks
have prepared for it by reducing
the rate and tenure of their fixed
deposit accounts.
Lee also said that although the
banking sector’s outlook might look
dim at this juncture given the slow-
ing economic growth and low-in-
terest-rate environment, banks are
expected to see a stronger loan
growth from businesses.
He said the optimism is fuelled
*
package on Feb 27 to bolster the
economy amid fierce headwinds.
AmBank Group chief economist
and head of research Dr Anthony
Dass said the outcome of the stimu-
lus package will eventually depend
on the severity of the Covid-19 out-
break’s impact on the domestic
economy as well as external factors
affecting the economy.
Dass said the pre-emptive OPR
cut last month already provided a
good measure of the buffer from
the current challenges although
there is room for further rate cuts.
He expects banks to face mild
earnings impact for every 25bps
cut in OPR. “Based on our simula-
tion, for every 25bps rate cut, the
banks’ earnings will be impacted
by between 1% and 3%, while the

Top picks for the sector

In light of compelling valuation
and dividend yields for banks
counters, analysts have issued
“overweight” calls on the sector.
AmInvestment Bank’s Kelvin
Ong said in a note last week that
he continued to see valuations of
banks compelling with the sector
trading at an average price-to-book
value of one time for the 2020 fi-
nancial year, while average divi-
dend yields remained attractive.
Ong said his top picks for the
sector are Maybank (with a fair
value [FV] of RM9.70), RHB Bank
Bhd (FV of RM6.50) and Hong
Leong Bank (FV of RM18.90).
Similarly, Kenanga Research
Ahmad Ramzani Ramli, who has
reiterated his “overweight” call
for the sector, said most banking
counters have been rated “out-
performed” due to their attractive
valuation.
They include Affin Bank Bhd
(with a target price [TP] of RM2.45),
AmBank (TP of RM4.75), CIMB
Bank (TP of RM6.45), Maybank
(TP of RM9.70), Malaysia Building
Society Bhd (TP of RM1.10), Pub-
lic Bank Bhd (TP of RM22.10) and
Hong Leong Bank (TP of RM18.90).
MIDF Research analyst Imran
Yassin Yusof, who maintained his
positive view on the sector, said Sasbadi
his top picks are banks with scale expects
and size or the potential to main-
tain their earnings momentum. better
They include Maybank (TP FY20 with
of RM10.30), CIMB Bank (TP of anticipated
RM6.30) and RHB Bank (TP of
RM6.35). MLM boost
Page 8
8 HOME BUSINESS
Guan Eng meets Penang
industry players for dialogue
session on Covid-19 impact
BUTTERWORTH: Finance Minis-
ter Lim Guan Eng yesterday met
with relevant industry players
here for a closed-door dialogue
session on the impact of Covid-19
on their businesses.
He told reporters prior to the
session that the industries could
also put forward their suggestions
for consideration in the proposed
economic stimulus package to be
announced on Feb 27 by Prime
Minister Tun Dr Mahathir Mo-
hamad.
Asked further about the stim-
ulus package, Guan Eng replied,
“There are various measures .. I
do not want to detail; otherwise, I
think there’ll be no point in mak-
ing the formal announcement on
Feb 27; please wait for the prime
minister to make a full and com-
plete announcement.
“But we are willing to receive
any proposal like I said, I will have
a dialogue session with some
industries but it is closed-door,”
the Bagan Member of Parliament
said after opening a McDonald’s
drive-thru outlet at Bagan Ajam.
In a statement yesterday, Guan
Eng stressed that the economic
stimulus package was neither a
new budget nor part of the pol-
icies in Budget 2020 but a form
of aid to the affected industries.
Meanwhile, he said the Ma-
laysia@Work initiative to create
jobs for the unemployed would
be implemented in April, with
the Employees Provident Fund
being entrusted to manage the
disbursement of RM6.5 billion
allocated for the programme.
Market has priced in another
rate cut — analyst
F ROM PAG E 7
well capitalised and should
continue to display resilience
in terms of asset quality. At the
same time efforts to contain over-
head costs will remain,” he added.
Areca Capital Sdn Bhd chief
executive officer Danny Wong
Teck Meng, noting the decline
in the banks’ share prices, said
the market has priced in anoth-
er rate cut.
Wong said the lower-than-ex-
pected 4Q GDP has somewhat
neutralised some positive views
of the banking sector.
“Weaker earnings outlook and
asset quality is the concern if GDP
slows further this year,” he told
The Edge Financial Daily.
Having said that, he still holds
a positive view on selected bank-
ing counters, particularly those
with strong underlying growth
and high dividend yields.
All bank counters on Bursa
Malaysia have fallen so far this
year.
Hong Leong Bank Bhd led the
loss, with its price down 12.83% to
RM15.08 last Friday from RM17.3
on Dec 31, 2019. BIMB Hold-
McDonald’s aims to
expand its restaurant
chain to 450 by 2025
with an investment of
RM1.4 billion.
Through the initiative, 350,000
jobs for Malaysians are expect-
ed to be created over the next
five years.
“The government wants to
create or generate job opportu-
nities for the unemployed and
the Malaysia@Work programme
will be opened for registration in
April. We are giving an incentive
of RM500 to each worker who
had been unemployed for a long
time, to further motivate them,
and RM300 a month to employers
to encourage them to hire local
workers,” Guan Eng said.
Meanwhile, McDonald’s aims
to expand its restaurant chain to
450 by 2025 with an investment
of RM1.4 billion that will also cre-
ate 10,000 new jobs in Malaysia.
According to its local oper-
ations partner and managing
director Azmir Jaafar, there are
290 McDonald’s restaurants na-
tionwide with a pool of 15,000
employees.
The Bagan Ajam drive-thru
outlet is the 16th out of 24 Mc-
Donald’s restaurants in Penang
and the biggest in Seberang
Perai, operating 24 hours with
80 workers comprising locals.
— Bernama
ings Bhd was down 10.45% to
RM3.94, Public Bank Bhd 9.36%
to RM17.62 and Alliance Bank
Malaysia Bhd 9.13% to RM2.39.
Year-to-date (YTD), the Bursa
Malaysia Finance Index has fall-
en 5.76% to 14,572.96 as at last
Friday. This marks a new lowest
point over four years for the in-
dex since Jan 17, 2017.
In comparison, the FBM KLCI
index has shed 2.79% YTD to
1,544.46 last Friday from 1,588.76
on Dec 31, 2019. The benchmark
index skidded to a nine-year low
of 1,521.95 on Feb 3 after report-
ing 10 consecutive trading days
of losses.
With the fall in banks’ share
prices, their dividend yields are
now more appealing, with some
above the current fixed depos-
it rates. For example, Malayan
Banking Bhd’s dividend yield is
6.73% based on its closing price
last Friday and annualised div-
idend.
Other banks with dividend
yield of above 5% include Alliance
Bank (5.94%), AMMB Holdings
Bhd (5.38%) and CIMB Group
Holdings Bhd (5.34%).
Sasbadi expects better
FY20 with anticipated
MLM boost
People take up the business to supplement their incomes
BY J U S TI N LI M
KUALA LUMPUR: Sasbadi Hold-
ings Bhd, which has just clinched
three government book printing
contracts last month, says its cur-
rent financial year ending Aug
31, 2020 (FY20) should be better
than FY19, as it expects the chal-
lenging economic environment to
provide a boost to its multi-level
marketing (MLM) business under
its digital and network market-
ing division — its second-largest
business segment.
At the same time, it is optimistic
its largest print publishing segment
will continue to see growth under
the open tender system adopted by
the Pakatan Harapan-led govern-
ment, which Sasbadi’s managing
director Law King Hui said bodes
well for the group as it opens up
more tender opportunities.
“The general feeling and senti-
ment for FY20 is that it should be
better than FY19,” Law said when
met last week at the group’s annual
general meeting.
“I look at it this way; the direct
sales or direct network marketing
business sometimes thrives in a
weak economic situation because
we are talking about second in-
come — people take it up to sup-
plement their incomes. For exam-
ple, when times are bad, people
don’t get good increments or bo-
nuses, so that is the time they look
for a second income,” Law said.
Law is hopeful Sasbadi’s MLM
business will become a big driver
for the group, saying it has the po-
tential to “grow exponentially” due
to the MLM model’s multiplying
effect. In contrast, the growth of
Sasbadi’s other businesses, like its
print publishing, tend to be more
organic and linear as there are
plenty of costs to manage.
Besides that, the group is also
expecting its English upskilling
products, introduced last year, to
help strengthen the group’s bot-
tom line. Sasbadi was appointed
the preferred partner for Cam-
bridge Assessment English (CAE)
Linguaskill and exclusive partner
for New York City (NYC) English,
an online English learning pro-
gramme, last year.
Both products target a new cus-
tomer base for Sasbadi, which is
the adult market that comprises
job seekers and working profes-
sionals. In view of the fast-chang-
ing and competitive nature of the
job market now, as well as the gov-
ernment’s encouraging stance on
the use of English, Law expects
these English upskilling products
to be in demand.
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
Law: When times are bad,
people don’t get good
increments or bonuses,
so that is the time they
look for a second income.
The Edge file photo
Catalyst from possible
reintroduction of Science and
Maths in English
Sasbadi also sees the government’s
likely decision to reintroduce the
teaching and learning of Science
and Mathematics in English as a
potential positive catalyst for the
group, said Law.
“I think the success factor is our
ability to respond to policy changes
in a timely manner. In the [group’s]
past 35 years, we have always man-
aged to put products on the shelf
in a short time to respond to new
policy introductions and changes.
This is one of the key competitive
advantage that Sasbadi has over its
competitors.
“I believe this time will be no
different and we will try to bring
our products for the teaching and
learning of Science and Maths in
English, to help the government
implement its policy,” said Law.
Prime Minister cum acting Ed-
ucation Minister Tun Dr Mahathir
Mohamad announced at end-Jan-
uary that Science and Mathemat-
ics will once again be taught in
English in a bid to promote the
use and mastery of the language
in the country’s education system.
The teaching and learning of the
two subjects in English were pre-
viously introduced in 2003, during
Dr Mahathir’s first tenure as prime
minister. The system, however, was
abolished 10 years later in 2013.
Still, the reintroduction of the
teaching and learning in Science
and Mathematics is not set in stone
yet. In the first week of February this
year, Dr Mahathir clarified that the
government was still mulling over
the issue and that a decision would
be made based on the majority
opinion of cabinet members, fol-
lowing protests from certain groups.
Sasbadi returned to the black in
FY19 with a net profit of RM3.31 mil-
lion from a net loss of RM204,000 a
year ago, as it recorded higher rev-
enue — which grew 2% to RM87.8
million from RM85.86 million — as
well as lower provision of impairment
of inventories and provision for im-
pairment loss on trade receivables.
In its first quarter ended Nov
30, 2019 (1QFY20), however, the
group saw an 8% slide in net prof-
it to RM4.02 million from RM4.38
million, as revenue retreated 9%
to RM27.75 million from RM30.51
million, mainly because its print
publishing division saw lower con-
tribution from textbook contracts
with the ministry of education.
Still, going by the three new book
printing contracts it has secured from
the government in January — val-
ued at over RM1 million — com-
pared to none in the same period last
year, there is reason for optimism.
Two of the contracts, worth a total
of RM643,350, are from the minis-
try of education and involves the
printing of elective technical subject
textbooks for fifth formers. The other
project is a RM375,398 contract from
the ministry of rural development to
design and print Mathematics activ-
ity books for six-year-olds.
While the group is responding to
the rising digitalisation era by devel-
oping or introducing more digital
learning products, Law said the print
publishing business, which contrib-
uted more than 90% of its FY19 rev-
enue, will remain the group’s bread-
and-butter for some time to come.
“Print and publishing [business]
will be here to stay for a while. To
be able to see 100% conversion to
digital, I think it needs a big catalyst
and this very likely has to come from
the government. This includes the
provision of infrastructure, for ex-
ample, like providing students with
[electronical] devices,” Law added.
Sasbadi’s shares closed un-
changed at 16.5 sen last Friday,
giving it a market capitalisation of
RM69.15 million. The counter has
fallen some 27% in the past year
from when it traded at 22.5 sen.
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
KUMPULAN POWERNET BHD (+ve)
Kumpulan Powernet Bhd (fundamental:
1.8/3, valuation: 0/3), which closed 6.5%
or 18 sen higher at a new all-time high of
RM2.95 last Friday, made it to our Stocks
with Momentum list for the 19th time in the
past 12 months.
The counter saw some 4.82 million
shares traded, over five times its 200-day
average trading volume of 894,215 shares.
Year-to-date, the stock’s share price has
surged 104.86% from RM1.44 on Dec 31,
2019.
KUMPULAN POWERNET BHD
MALAYAN CEMENT BHD (-ve)
Trading of shares in Malayan Cement Bhd
(fundamental: 0.2/3, valuation: 0.3/3) trig-
gered our momentum algorithm last Friday
for the first time this year.
The counter settled 12 sen or 3.48% high-
er at RM3.57, with some 1.05 million shares
done, exceeding its 200-day average volume
of 728,300 shares.
Formerly known as Lafarge Malaysia Bhd,
the group has been loss-making for the past
two financial years.
Still, the group’s executive chairman
MALAYAN CEMENT BHD
YGL CONVERGENCE BHD (+ve)
Trading of shares in YGL Convergence Bhd
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gered our momentum algorithm last Friday
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The stock closed up 13.79% or two sen
at 16.5 sen, after 2.54 million shares were
traded, over 17 times more than its 200-day
average trading volume of 144,430 shares.
YGL, an enterprise solutions provider,
announced late December last year a pro-
posal to undertake a private placement of
YGL CONVERGENCE BHD
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P R O P E RT Y
The textile manufacturer announced last
Tuesday that it has received a contract to
undertake the development of an 8MW
hydropower plant in Laos worth US$15.88
million (RM65.74 million).
The company, which saw the emergence
Chinese property firms
of Serba Dinamik Holdings Bhd founder
Datuk Dr Mohd Abdul Karim Abdullah as
its new major shareholder last June, wants
bank on virtual reality as
to achieve a RM1 billion order book by June
30, with projects from the energy, utility,
logistics, and infrastructure sectors.
virus fears hit market
Valuation score* 0.00 BY C LARE J I M Trying to make homebuyers more com-
Fundamental score** 1.80 fortable in buying online, Centaline plans to
TTM P/E (x) 148.13 HONG KONG: China’s property devel- work with property developers to build vir-
TTM PEG (x) - opers and realtors are turning to vir- tual salesrooms for their new developments.
P/NAV (x) 8.28
tual reality salesrooms and livestream “The online sales platform has been
marketing to thaw a frozen market as around for a while, but it was mostly for
TTM Dividend yield (%) -
the Covid-19 epidemic keeps physical advertising and chats between agents and
Market capitalisation (mil) 210.94 offices shut and potential buyers are buyers,” said Centaline Shenzhen general
Shares outstanding (ex-treasury) mil 76.15 afraid to leave their homes. manager Alan Cheng.
Beta 0.11 A female employee of Sunac China “Now because homebuyers are not able
12-month price range 0.30-2.77 introduced a residential development to go out and see the flats themselves, we
*Valuation score - Composite measure of historical return & valuation
in the southern city of Qingyuan on will focus on providing more real live vid-
**Fundamental score - Composite measure of balance sheet strength social media platforms TikTok and Wei- eos to engage with them.”
& profitability bo wearing a white gown and waving a He said the firm this week introduced
Note: A score of 3.0 is the best to have and 0.0 is the worst to have paper fan. online contracts that involve third-party au-
The livestream last Tuesday attract- thentication technology in two cities, one of
ed a total of 510,000 viewers for Sunac, the first in the industry, so that buyers can
China’s fourth-largest developer by sales,
but it was unclear whether any of them
sign the documents without leaving home.
Tan Sri Francis Yeoh told reporters that bid for the property. Efforts are being made offline as well
prospects for the loss-making company Twenty of the top 100 developers China Evergrande, the third-largest devel-
are “bright” this year, as it sees positive have done livestream sales since the vi- oper by sales, announced last Thursday
indicators in the take-up rate or orders rus outbreak, property researcher CRIC that homebuyers are entitled to a low-
for cement. said, adding that 92 of them run online est-price guarantee until May 10, where
Also boosting the group’s upbeat senti- sales platforms which some recently re- the company will refund buyers the dif-
ment is the government’s plan to use up the vamped in response to the virus. ference if prices drop.
balance of its 2019 development budget this Property sales by floor area in China Sunac, depending on the city, allows
year, on top of the year’s allocated develop- fell 0.1% in 2019, marking the first full- its customers to forfeit the purchase free
ment expenditure, which Finance Minister year decline in five years, and analysts of charge within up to 60 days.
Lim Guan Eng previously said would create expect sales may drop again this year Despite the industry’s creative efforts,
a double-barrel effect. due to the epidemic. the market has all but ground to a halt.
Major realtors including Centaline Centaline’s Cheng said the few trans-
Valuation score* 0.30 are also doing more live forums online, actions now appeared mostly in the rent-
Fundamental score** 0.20 hosting talks with senior executives on al market or when sellers were willing to
TTM P/E (x) - the property market. slash prices for personal reasons.— Reuters
TTM PEG (x) -
P/NAV (x) 1.21
TTM Dividend yield (%)
Market capitalisation (mil)
-
2,931.45 Airbnb is in settlement talks with
Shares outstanding (ex-treasury) mil 849.70
Beta 0.85 New York over data law
12-month price range 1.80-4.34
*Valuation score - Composite measure of historical return & valuation BY OLIVIA CARVILLE & ERIK LARSON
**Fundamental score - Composite measure of balance sheet strength
& profitability NEW YORK: Airbnb Inc is in talks with
Note: A score of 3.0 is the best to have and 0.0 is the worst to have New York City to resolve a lawsuit over
an ordinance that would require the
home-sharing company to turn over data
on hosts, jeopardising thousands of list-
ings in one of its biggest domestic markets.
up to 23.8 million shares or 10% of its total The San Francisco-based start-up
issued shares to raise up to RM3.09 million, filed the suit in 2018, along with Expe-
based on an issue price of 14.16 sen per share. dia Group Inc’s HomeAway, claiming
Of the total proceeds, YGL intends to uti- the legislation would violate privacy
lise up to RM1 million for business expan- laws. It would also allow the city to fig-
sions, another RM1 million for research and ure out which listings violate New York’s
development, RM1.01 million for working regulations that ban entire apartments Filepic of a woman talking on the phone at the
capital, and RM90,000 for expenses related from being rented for fewer than 30 days Airbnb office headquarters in San Francisco,
to the private placement. without a tenant present. That limits legal California, the US. Photo by Reuters
YGL said it expects to complete the cor- short-term rentals to one and two-family
porate exercise in the first quarter of 2020. homes or spare bedrooms.
Last Friday, US District Judge Paul ment overreach.” About a year ago, Engel-
Valuation score* 0.00 Engelmayer in Manhattan granted a mayer issued a preliminary injunction
Fundamental score** 2.25 request to temporarily put the case on putting the ordinance on hold while the
TTM P/E (x) - hold. Airbnb declined to comment. case proceeds. At the time he called the
TTM PEG (x) - New York has some of the strictest rent-
scale of production required to comply
P/NAV (x) 2.09 al regulations in the country, and Airbnbwith the ordinance “breathtaking”.
has been at odds with the city for almost A successful agreement in New York
TTM Dividend yield (%) -
its entire 11-year existence. But it has not
would pave the way for a smoother initial
Market capitalisation (mil) 33.68 stopped some 55,000 listings proliferating
public offering (IPO) for Airbnb, which
Shares outstanding (ex-treasury) mil 232.29 across the Big Apple. was last privately valued at US$31 billion.
Beta 0.52 The company has said it plans to go pub-
12-month price range 0.11-0.16 New York is standing between lic later this year and resolving regulatory
Airbnb and an IPO overhang will give investors a clearer pic-
*Valuation score - Composite measure of historical return & valuation
**Fundamental score - Composite measure of balance sheet strength Airbnb’s August 2018 complaint called ture about its business and future market
& profitability the law an “extraordinary act of govern- opportunity. — Bloomberg
Note: A score of 3.0 is the best to have and 0.0 is the worst to have
10 H O M E
Build trust at the top
Chin Tong: Provide more certainty about transition of power
BY R ASH B EH A RI B HAT TACHAR JEE
KUALA LUMPUR: The statement
made last week about the premier-
ship transition by PKR president
Datuk Seri Anwar Ibrahim and its
affirmation by Prime Minister Tun
Dr Mahathir Mohamad have final-
ly lent some clarity to the transfer
of power and should go a long way
to pave the way forward, said DAP
strategist Liew Chin Tong.
Observing the latest development
in the extended debate on the tran-
sition, Liew, who is deputy defence
minister, “sensed a historic turning
point” was reached in the statements
by Anwar last Thursday and Dr Ma-
hathir last Friday.
Dr Mahathir and Anwar met last
Thursday and agreed upon Dr Ma-
hathir handing over the premier-
ship to Anwar after the Asia-Pacific
Economic Cooperation summit in
November.
“Finally, clarity is emerging on
the question of leadership, and
that should go a long way in setting
everything else in proper order,” Liew
said in an article detailing the rap-
prochement between the former
political foes.
However, Liew noted, the state-
ments made by Anwar and Dr Ma-
hathir would be further strengthened
if the Pakatan Harapan leadership
as a whole can provide certainty on
the following:
1. The role of Dr Mahathir beyond
the transition;
2. More involvement of Anwar
Censored art exhibition reinstated in full
BY M A E CHA N
KUALA LUMPUR: Four artworks
dropped from Ahmad Fuad Osman’s
ongoing exhibition at the National Art
Gallery (NAG) have been reinstated
in the latest development to the art
censorship drama around the event.
In a statement announcing the de-
cision, NAG said an additional “sup-
port programme” would be held on
Friday involving the artist and guest
curator Shabbir Hussain Mustafa. The
gallery urged the public not to miss
the exhibition entitled At The End Of
The Day Even Art Is Not Important
(1990-2019).
According to a source, the direc-
tive to reinstate Ahmad Fuad’s works
came not from NAG but the ministry
of tourism, arts and culture (Motac)
as well as Deputy Prime Minister Da-
tuk Seri Dr Wan Azizah Wan Ismail
on Saturday, though this was to be
kept under wraps.
Earlier last week, Motac Deputy
Minister Muhammad Bakhtiar Wan
Chik had issued an appeal letter to
NAG in support of Ahmad Fuad and
the reinstatement of the artworks,
though he said it was in his person-
al capacity.
In the letter, he described the ex-
hibition as “international class” and
in governing from now on to
smoothen the transition;
3. Clarity on who Anwar’s deputy
will be, to provide reassurance to
all parties that the coalition spirit
is upheld.
“In 1998, when the titans fought,
the nation went down with them and
has stagnated ever since. The grand
coalition that managed to defeat [Da-
tuk Seri] Najib [Razak], Umno and
BN (Barisan Nasional), provides an
opportunity rarely found in human
history: To reconcile, to heal and to
do great things together,” he said.
When the centre consisting of Dr
Mahathir and Anwar continues to
hold, Liew said, everything else will
continue to fall into place.
“Such certainty will lay the foun-
dation for Malaysia to build a great
nation for all in the next decade and
beyond,” he said.
Recalling the journey taken to
form the Pakatan coalition, Liew
noted that in 2016, “[Dr] Mahathir
changed the political equation by
doing the improbable, the incredi-
ble, the unthinkable.”
In that year, he left Umno; engaged
new potential partners through his
Citizens’ Declaration; saw the neces-
sity to form a political party to rally
his supporters and to align his new
movement to Pakatan Harapan; and
just days before the launch of Parti
Pribumi Bersatu Malaysia (Bersatu)
on Sept 8, met Anwar at a court house
to signal the need for reconciliation
for a greater cause.
The alignment between Bersa-
urged respect for the freedom of ex-
pression.
While the restoring of Ahmad
Fuad’s artworks would be welcomed
by the arts community following
the uproar over the censorship, it
remains to be seen if “Balai”, as NAG
is informally known as, will survive
unscathed this time around.
It may not be the first time NAG
has removed artworks from its exhi-
bitions, though the pulling of Ahmad
Fuad’s works has provoked unabating
outrage since the action came to light
last Monday. On Saturday, 55 art col-
lectors signed a petition stating that
they would not loan any works from
their private collections to NAG in the
future if they are to be subjected to
censorship by the institution.
Prominent collectors Pakharud-
din Sulaiman and Bingley Sim were
among the most vocal, demanding
on their social media platforms for
the return of their loans for Ahmad
Fuad’s show. Pakharuddin has six of
Ahmad Fuad’s works on display, one
of which is among those taken down.
A public petition in support of
Ahmad Fuad had also received 396
signatures from those within and
outside the visual arts community,
with rights groups such as Nation-
al Human Rights Society decrying
THE EDGE FILE PHOTO
When the centre consisting of Dr
Mahathir and Anwar continues to hold,
Liew says, everything else will continue
to fall into place.
tu and the original Pakatan parties
(PKR, Amanah and DAP) was a gru-
elling experience that took more than
a year to complete, said Liew.
“To his credit, Dr Mahathir was al-
ready advocating full alignment with
Pakatan as early as November 2016
when other leaders in Bersatu were
still toying with the idea of founding
Barisan Rakyat as a Bersatu-Pakatan
joint entity,” he said.
After Bersatu officially joined Pa-
katan on March 27, 2017, the co-
alition took another four months
to decide on formalising a Dr Ma-
hathir-Anwar joint leadership set-
up. This happened on July 14, 2017.
“I think of this as a major turning
point in Malaysian history,” said Liew.
NAG’s decision.
After an emergency meeting by
the members of its National Visual
Arts Development Board, gallery
owner Richard Koh, who has been
a member of the board since 2018,
resigned from his position in protest
of the lack of action taken by NAG
prior to their decision to reinstate
the pieces.
Koh stated, “After hearing and wit-
nessing the arguments for the deci-
sion with regard to the works and the
chain of events that has happened, I
find it very disturbing that mistakes
are not admitted and actions are not
accounted for.”
Things first came to light when
Ahmad Fuad, a multidisciplinary
mid-career artist, wrote an open letter
to NAG on social media to call out
their yanking of the works from his
retrospective show on Feb 4, which
he deemed “arbitrary, unjustified
and an abuse of institutional power”.
He objected to the lack of transpar-
ency and accountability by NAG in
the matter, the decision of which was
undertaken after a board member
lodged a complaint on their purport-
edly “political and obscene” nature.
Replying to the open letter, NAG
director general Amerruddin Ahmad
then issued a statement declaring that
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
“Months of negotiations followed,
and on Jan 7, 2018, Pakatan could
finally announce that Dr Mahathir
would be the candidate to become
Malaysia’s seventh prime minister,
and Anwar would be the eighth Ma-
laysian prime minister. It was this
agreement that paved the way for
eventual electoral victory,” he said.
For the nation to move forward,
said Liew, it will need to do three
things:
“[We will need to] build trust at
the top to avoid further confusion …
Anwar’s supporters will need to trust
[Dr] Mahathir on his commitment to
the transition while [Dr] Mahathir’s
supporters will need to help ensure
that the transition does take place,”
he said.
“Recognise that without [Dr] Ma-
hathir’s coming out against Najib
and changing the entire game, there
would not be a Pakatan government;
and without Anwar struggling per-
sistently for a new Malaysia over the
last 22 years, since September 1998,
[Dr] Mahathir would have no one to
align with in 2016 when he finally
came to admit that Umno and Najib
had gone too far,” said Liew.
“Accept that the Pakatan govern-
ment is a [Dr] Mahathir-Anwar gov-
ernment and an Anwar-[Dr] Ma-
hathir government, and given that it is
a coalition government, the Pakatan
prime ministers should not even try
to follow the model of the “winner-
takes-all” prime ministers of Barisan
Nasional which had plagued the na-
tion for so long,” he said.
the removal of the works was within
the gallery’s jurisdiction, claiming
that they had the right to take down
any works that touch on the “dignity
of any individual, religion, politics,
race, culture and country”.
He further added: “An exhibition
is a process and not a final product,
and even if the exhibition is ongoing,
this process continues, in order to
obtain suitable maturity for visitors
and our society”. This statement led
to further outcry and anger.
It was also revealed that follow-
ing an emergency meeting held last
Thursday, the board and relevant
stakeholders had initially agreed to
reinstate three of the four works, leav-
ing Imitating The Mountain (2004), a
painting that features nudity. Inter-
estingly, there are other artworks on
display that contain nudity as well.
Amerruddin informed Ahmad
Fuad of the decision after the meet-
ing, but the artist did not agree to an-
ything less than a full reinstatement,
and once again requested for the
exhibition to be closed with imme-
diate effect.
With this reversal by NAG, at least
the exhibition, which has been ongo-
ing since October 2019, and extended
till Feb 29 at NAG’s request, will now
run its course.
Pact in the
works to curb
encroachment
by Vietnam
fishermen
KUANTAN: Malaysia intends to
enter into an agreement with
the Vietnamese government to
overcome encroachment of deep
sea fishermen from the republic
into the country’s territorial wa-
ters, said Foreign Minister Datuk
Saifuddin Abdullah.
He said such an agreement had
been signed between Malaysia
and Indonesia and that a similar
agreement could also be signed
with Vietnam as a follow-up to
the letter of intent signed in Au-
gust last year as an agreement to
resolve the problem.
“We take it (encroachment) seri-
ously because lately there has been
an increase in the number of for-
eign fishing boats encroaching into
Malaysian waters in the east coast,
with most of them from Vietnam,"
he said, adding that 141 Vietnam-
ese fishermen were detained last
year for encroaching on Malaysia’s
exclusive economic zone.
He said Vietnam had given a
positive response to the matter
as the republic was aware of the
problem.
Saifuddin says
141 Vietnamese
fishermen were
detained last year
for encroaching on
Malaysia’s exclusive
economic zone.
Saifuddin, who is also Indera
Mahkota member of parliament,
said this to reporters yesterday
at a programme to improve the
well-being of local fishermen.
On efforts to bring back the
remaining Malaysia citizens in
Hubei and Wuhan, following the
Covid-19 outbreak in China, he
said, the National Disaster Man-
agement Agency was working to
bring back about 30 Malaysian
citizens still in the republic.
He said the Malaysian embas-
sy and consulate offices in China,
Hong Kong and Taiwan would con-
tinue to operate as usual to help
look into the well-being of Malay-
sians there as only certain Malay-
sian staff would be brought home
with their spouses and children.
On the Asean-China Special
Foreign Ministers’ meeting in
Laos on Thursday, Saifuddin said
the meeting would discuss efforts
on addressing Covid-19.
“The objective of the meeting
is to strengthen cooperation be-
tween Asean and China in ad-
dressing the Covid-19 infection.
“The meeting will also enable
us to exchange notes and experi-
ences [in addressing the disease]
and [be] briefed by the Chinese
foreign minister on the latest de-
velopment in the Covid-19 out-
break,” he added. — Bernama
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY 11
12 B R O K E R S’ C A L L
Dialog’s businesses seen largely
cushioned from volatile crude prices
Dialog Group Bhd
(Feb 14, RM3.45)
Reiterate buy with a raised fair
value of RM4.28 per share: We re-
iterate our “buy” recommenda-
tion on Dialog Group Bhd with a
raised sum-of-parts (SOP)-based
fair value of RM4.28 per share, from
RM4.10 previously, which implies a
financial year 2021 forecast (FY21F)
price-earnings ratio (PER) of 35
times — 22% below its five-year
peak of 46 times. Our SOP main-
tains the valuation of the group’s
650-acre (263ha) buffer land in
Pengerang, Johor at RM80 per sq ft.
We have raised Dialog ’s
FY20F-FY22F earnings by 4%-
5% on higher margin assumption
for the group’s technical services
and plant maintenance opera-
tions, as second quarter of FY20
(2QFY20) earnings before inter-
est, taxes, depreciation and am-
ortisation (Ebitda) margin rose
five percentage points (ppt) to
28% due to higher margins from
Australia and New Zealand (ANZ)
Higher volume, better margins likely
to drive Gas Malaysia’s earnings growth
Gas Malaysia Bhd
(Feb 14, RM2.83)
Maintain buy with an unchanged
target price (TP) of RM3.11: Gas
Malaysia Bhd posted earnings of
RM57.9 million for its fourth quar-
ter of financial year 2019 (4QFY19).
However, earnings, excluding ex-
ceptional items of RM28.2 million,
came in at RM29.7 million. This
brought FY19 cumulative earn-
ings to RM172.4 million, which
were within our and consensus
full-year FY19 earnings expecta-
tions at 95% and 97% respective-
ly. Quarterly revenue contracted
by 3.5% year-on-year (y-o-y) due
to an adjustment made based on
gas cost pass-through mechanism
during the current quarter to cor-
rect the accruals for under recovery
of gas costs.
Earnings, after excluding the
one-offs, dipped 31.3% y-o-y. On a
quarterly sequential basis, revenue
declined marginally by 4.4% while
earnings contracted 29.2% quar-
ter-on-quarter. This was mainly
attributable to higher operating
expenses and higher finance costs
booked during the quarter.
We reiterate our view that
FY20 gas sales volume will con-
tinue to sustain and register y-o-y
growth. Our current gas volume
growth projection remains be-
tween 4.5% and 5%, similar to
that for FY19. Our assumption is
premised on Malaysia’s resilient
gross domestic growth (GDP) of
4.5% for 2020.
Our recent meeting with the
and regional operations.
The group’s first half of FY20
(1HFY20) core net profit of RM294
million (+17% year-on-year) came
in above our and market expecta-
tions, accounting for 50% of both
our and street’s FY20F earnings.
As a comparison, Dialog’s 1HFY20
accounted for 43%-47% of FY15-
FY19 net profit. As expected, the
group did not declare any dividend
for 1HFY20.
For core profit comparison, we
have excluded Dialog’s 1QFY20 fair
value gain of RM29 million from the
group’s stake in Halliburton Bayan
Petroleum Sdn Bhd, following the
acquisition of an additional 25%
stake to 75%.
Looking forward, we expect a
stronger 2HFY20F with a maiden
contribution from its 1.3 million
cubic metre (m3) storage facilities
in Pengerang Phase 2, which was
recently completed together with
its 120,000m3 capacity from Tan-
jung Langsat 3. Additionally, the
group’s expanded plant turnaround
Gas Malaysia Bhd
FYE DEC 31 (RM MIL) 2017A
Revenue 5,348.8
Ebit 253.8
Pre-tax profit 248.2
Normalised net profit 194.6
EPS (sen) 15.2
EPS growth (%) 17.9
PER (x) 18.6
Net dividend (sen) 13.0
Net dividend (%) 4.6
Sources: Company, MIDF Research
management signalled that the
company’s earnings growth going
forward will be driven mainly by
expansion of existing customers’
volume and better margins result-
ing from the recently-implemented
third-party access regulation. The
management also guided that FY20
forecast (FY20F) will see growth
coming in, partially from higher
volume of gas sold in line with its
recently-acquired customers. We
also note that gas sales volume
growth will continue to be steered
primarily by rubber, oleo-chemi-
cal, consumer products and glass
manufacturing industries. Notably,
the company is building more fa-
cilities between Kedah and Perlis,
which would further increase its
gas off-take.
We made no changes to our
earnings estimate at this juncture
as we expect Gas Malaysia to meet
our FY20F earnings projection. We
and maintenance work scope from
Petroliam Nasional Bhd’s five-year
group-wide master service agree-
ment is likely to propel near-term
earnings momentum.
Dialog’s 2QFY20 core net prof-
it rose 16% quarter-on-quarter to
a record RM158 million mainly
due to the 5ppt expansion in Ebit-
da margin, notwithstanding reve-
nue contraction of 5% due to low-
er engineering, procurement and
construction billings as Pengerang
Phase 3 is still in the initial stages.
The higher margin stemmed large-
ly from a rebound in contributions
from specialist products and ser-
vices in ANZ and Asia. This higher
overseas contribution caused the
share of Dialog’s earnings from Ma-
laysia to drop to 84% from 92% for
1QFY20 and 89% for FY19.
Even after Pengerang Phase 3
is completed, the group still has
ample acreage to further double its
Pengerang storage capacity with a
remaining 500-acre zone compris-
ing further reclaimable land and the
2018A 2019A 2020E 2021F
6,233.2 6,886.5 7,309.1 7,805.3
234.8 232.0 265.1 269.3
219.3 220.9 245.2 250.5
165.5 172.4 191.3 195.4
12.9 13.4 14.9 15.2
-15.0 4.1 11.0 2.1
21.9 21.0 18.9 18.5
9.0 9.6 10.0 11.0
3.2 3.4 3.5 3.9
have also introduced our FY21F
numbers in this report.
Our TP valuation is based on
the Gordon growth model with
risk-free rate assumption of 3.2%,
market risk premium of 6.1%, beta
of 0.6 times and a terminal growth
rate of 4%. We remain positive on
Gas Malaysia given that: i) we ex-
pect Malaysia’s GDP will continue
to expand at 4.5% in 2020; ii) the
company’s effort in acquiring new
customers; and iii) growing pres-
sure on manufacturers nationwide
on the usage of clean energy such
as natural gas in their operations,
which we believe will push up the
volume for Gas Malaysia. Key risks
to our earnings outlook and divi-
dend payout are the high capital
expenditure requirement; high-
er future gearing and structural
changes to the local gas pricing
and consumption. — MIDF Re-
search, Feb 14
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
Dialog Group Bhd
FYE JUNE (RM MIL) 2019 2020F 2021F 2022F
Revenue 2,618.2 2,826.7 3,100.7 3,291.1
Core net profit 522.9 621.4 687.8 757.9
FD core EPS (sen) 9.3 11.0 12.2 13.4
FD core EPS growth (%) 17.6 18.8 10.7 10.2
Consensus net profit - 588.3 619.7 692.5
DPS (sen) 3.8 4.0 4.4 4.8
PER (x) 36.6 30.8 27.8 25.2
EV/Ebitda (x) 40.3 33.2 29.7 27.4
Dividend yield (%) 1.1 1.2 1.3 1.4
ROE (%) 14.3 16.2 15.5 15.5
Net gearing (%) 20.8 19.0 17.6 16.2
Source: AmInvestment Bank
adjoining buffer zone. Also, Dialog Dialog’s long-term recurring cash
will be expanding its Langsat Ter- flow-generating businesses, which
minal 3 by another 180,000m3 to are largely cushioned from volatile
300,000m3. crude oil price cycles, and further
Dialog is trading at a calendar underpinned by the Pengerang
year 2021 forecast PER of 27 times development’s multi-year value
— 41% below its five-year peak of rerating bonanza and a healthy
46 times. We view its higher-than- net cash balance. — AmInvestment
peer premium as justified given Bank Research, Feb 14
Steady profit growth
seen for Sunway REIT
Sunway Real Estate Investment
Trust
Revenue from retail
(Feb 14, RM1.90) assets rose by 1.3%
Maintain neutral with an un- y-o-y to RM106.7
changed target price (TP) of million, largely
RM1.93 per share: Sunway Real
Estate Investment Trust’s (Sunway contributed by
REIT) realised net profit for the sec- Sunway Pyramid
ond quarter of financial year 2020 Shopping Mall and
(2QFY20) came in at RM72.1 mil-
lion (+8.6% year-on-year [y-o-y], Sunway Putra Mall.
-2.1% quarter-on-quarter), which
was within our and consensus es-
timates. For the first half of FY20
(1HFY20), the group realised a net incurred for the corresponding pe-
profit of RM145.9 million (+4.6% riod in the preceding year.
y-o-y) which constituted about 48% The hotel segment recorded a
and 47% of our and consensus full- revenue and NPI growth of 28%
year estimates. Group revenue rose y-o-y and 32% y-o-y to RM22.6 mil-
by 11.7% y-o-y to RM155.8 million, lion and RM21 million respectively
boosted by new income contribu- due to the resumption of operations
tion from the newly-acquired Sun- of the grand ballroom, as well as
way University and College cam- meeting and function rooms in
pus, and improved performance Sunway Resort Hotel & Spa on the
across all business segments. Cor- completion of refurbishment works.
respondingly, group net property We believe that the upgraded and
income (NPI) increased by 11.9% enhanced facilities are expected to
y-o-y to RM116.6 million. Earnings attract higher demand for meetings,
estimates are kept unchanged. The incentives, conferences and events
proposed distribution per unit rose at the hotel. However, this was off-
by 8.9% to 2.45 sen for 2QFY20. Po- set by softer performance from the
tential key catalysts for our “neutral” group’s hotels in Penang due to the
call and unchanged TP are higher overall soft market sentiment for
occupancy at the group’s hotels and the hospitality sector and intense
new accretive acquisitions. competition.
Revenue from retail assets rose Despite the challenging office
by 1.3% y-o-y to RM106.7 million, segment, Sunway REIT improved
largely contributed by Sunway Pyr- the overall occupancy rate of its
amid Shopping Mall and Sunway office portfolio, resulting in office
Putra Mall. Despite the revenue revenue rising by 10.7% y-o-y to
growth, NPI contracted by 2.6% RM10.4 million with a correspond-
y-o-y to RM74 million, on the back ing improvement in NPI by 6.1%
of lower advertising and promotion, y-o-y to RM5.5 million. — Pub-
as well as maintenance expenses licInvest Research, Feb 14
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
B R O K E R S’ C A L L 13

Passenger traffic at Pos Malaysia-SIAEC agreement could

be a turnaround for PAES

Muhibbah’s airports
Pos Malaysia Bhd operations, and tapping into new
(Feb 14, RM1.40) markets and distribution networks.
Maintain hold with an un- We believe this is a good move for
changed target price (TP) of Pos Malaysia to garner more clients

expected to recover
RM1.55 per share: Pos Malay- for PAES and may be a turnaround
sia Bhd announced that it had for PAES after registering a loss of
entered into a share purchase RM1.7 million for its financial year
agreement and a shareholders’ ended March 31, 2019 (FY19). How-
agreement with SIA Engineering ever, we reckon that this will only
Co Ltd (SIAEC), in relation to the be a marginal gain for Pos Malaysia.
proposed divestment of a 49% Upon the completion of the
equity interest in Pos Aviation divestment, Pos Malaysia and SI-
Muhibbah Engineering (M) Bhd Muhibbah Engineering (M) Bhd Engineering Services Sdn Bhd AEC will hold 51% and 49% equity
(Feb 14, RM1.84) (PAES) to SIAEC. Pos Malaysia interest in PAES respectively and
Maintain outperform with a low- FYE DEC (RM MIL) 2018A 2019E 2020E shall transfer 7.8 million ordinary it will become a jointly-controlled
er target price (TP) of RM2.35 Turnover 1,576.1 1,732.9 1,674.5 shares representing 49% equity entity of Pos Malaysia.
per share: Muhibbah’s share price Ebit 139.0 129.6 130.1
interest in PAES to SIAEC, for an Maintain “hold” with an un-
plunged from RM2.31 on Jan 21 to indicative cash consideration of changed TP of RM1.55 based on
PBT 273.8 225.3 278.6
as low as RM1.59 on Feb 4 before RM10.1 million. The indicative 0.7 times its FY20 book value of
settling at RM1.96 last Thursday, Net profit (NP) 144.8 113.9 146.2 disposal consideration was ar- equity per share of RM2.22 (at
a loss of 15% or RM169 million in Core NP 144.8 113.9 146.2 rived at on a willing buyer-willing -1.25 standard deviation below its
market capitalisation. In essence, Consensus (CNP) n.a 126.1 138.7 seller basis and after taking into three-year historical price-book
the stock was facing intense sell- Earnings revision (%) n.a -7 13 consideration the unaudited net ratio of 1.46 times). Notably, this
ing pressure following news of EPS (sen) 30.1 23.6 30.4 assets of PAES as at July 31, 2019 is below its peer’s (Singapore
the construction of new airports EPS growth (%) 9.7 -21.4 28.5
of approximately RM20.6 million, Post Ltd) three-year average of
in Cambodia (which would then which included the market val- 1.9 times. The discount is fair in
NDPS (sen) 7.5 5.1 6.2
impact its existing airports) and ue of PAES’s property, plant and view of its high fixed-cost struc-
the fast spreading Covid-19 (which NTA/share (RM) 2.3 2.5 2.8 equipment as at Oct 1, 2019 of ture and margin compression in
has affected travelling). PER (x) 6.5 8.3 6.5 RM12.3 million as appraised by their courier segment due to an
Recent media reports have Price/NTA (x) 0.8 0.8 0.7 an independent valuer. increase in players in the market.
mentioned that construction works Net gearing (x) 0.4 0.2 0.0 The proposed divestment will However, this should be balanced
of new airports in Phnom Penh and Dividend yield (%) 3.8 2.6 3.2 facilitate the entry of SIAEC as by upside of positive sentiment
Siem Reap are proceeding. Accord- Source: Kenanga Research
PAES’s strategic partner and allow from the impact of a tariff hike,
ing to the news, the new airports the latter to expand its customer which will only be an ephemeral
are targeted to be completed in base, enhancing its technical ex- victory at best while the issues of
mid-2022 (in Phnom Penh) and division. This segment contribut- than a third of tourist arrivals) is pertise, expanding its product of- declining mail volume will persist.
2022/23 (in Siem Reap). This could ed a pre-tax profit (before group expected to recover eventually ferings and diversifying into new — Hong Leong Investment Bank
then directly impact Muhibbah’s eliminations and minority inter- when the outbreak is contained lines of maintenance, repair and Research, Feb 14
existing airports. est) of RM142.6 million (or 59%) in the coming months.
The jury is still out whether to Muhibbah for its nine months We have: i) adjusted our core Pos Malaysia Bhd
the new airports will take shape of financial year 2019 (9MFY19). net profit down 7% for FY19 and
according to plan due to certain Nonetheless, in such an event, up 12.6% for FY20; and ii) low- FYE DEC (RM MIL) 2003/18 2003/19 2012/19F* 2012/20F 2012/21F
reasons. SCA could seek compensation ered our sum-of-the-parts val- Revenue 2,472.6 2,355.1 1,830.7 2,858.5 3,065.1
In the scenario where both the (for an undisclosed amount) from uation-derived TP from RM2.90 Ebitda 272.9 141.6 97.5 256.7 283.3
new airports come on stream, the government on account of its to RM2.35, as we tweak our prof-
Ebit 99.5 (36.2) (42.0) 65.3 85.9
Muhibbah’s existing airports exclusive rights. We gather under it contributions/valuation for its
in Phnom Penh (which has an the agreement, any legal disputes Cambodia airport concessions. Net finance cost (5.3) (17.2) (0.6) (1.0) 9.7
exclusive clause in the conces- will be settled via arbitrations in To put things in perspective, our Zakat (2.4) (1.5) (1.3) (2.0) (2.5)
sion agreement) and Siem Reap the court of Switzerland. implied price-earnings ratio (PER) PBT 91.8 (54.9) (44.0) 62.3 93.1
(non-exclusive) may either be Meanwhile, we are not over- valuation of 11 times for the air- Tax (24.0) (7.4) (10.6) 15.0 22.3
asked to close down or continue ly concerned about an adverse port concession business (given Net profit 67.8 (62.3) (54.5) 77.3 115.4
their operations. Either way, this lasting impact from less travel- its smaller size) appears reason- Minority interest -0.1 0.0 0.0 0.0 0.0
will inevitably cause earnings to ling due to the Covid-19 scare. able relative to calendar year 2020
Patami 67.7 (62.3) (54.5) 77.3 115.4
be significantly impacted. Muhib- Most likely, passenger traffic at PER of 17 times for Malaysia Air-
bah, via Societe Concessionaire de its airports (which plunged as ports Holdings Bhd and 36 times Exceptionals (25.5) 10 3.5 0.0 0.0 0.0
l’Aeroport (SCA), has exposure to much as 40% recently due to the for Airport of Thailand based on Reported Patami 93.3 (165.7) (54.5) 77.3 115.4
three airports in Cambodia, which slump in Chinese travellers who consensus earnings. — Kenanga Note: *2012/19F is only for nine-month forecast reporting as Pos Malaysia changed its
are captured in the concessions typically made up slightly more Research, Feb 14 financial year end to December from March Source: HLIB Research

Cocoaland’s growth prospects, fundamentals seen to stay intact

Cocoaland Holdings Bhd Cocoaland Holdings Bhd
(Feb 14, RM 1.90)
Maintain buy with a lower tar- FYE DEC (RM MIL) 2017
get price (TP) of RM2.70 per Total turnover 265.9
share: Keep “buy” with a new TP Recurring net profit 33.5
of RM2.70 from RM3.10, and about
47% expected total returns. For its Recurring net profit (3.0)
fourth quarter ended Dec 31 of fi- growth (%)
nancial year 2019 (4QFY19) earn- Recurring PER (x) 13.0
ings are expected to be seasonally P/BV (x) 1.7
stronger in view of the festive hol- P/CF (x) 30.8
idays. However, its 1QFY20 sales Dividend yield (%) 6.8
are likely to be affected by the Cov- EV/Ebitda (x) 6.1
id-19 outbreak, given Cocoaland’s
presence in China, Singapore, and ROE (%) 13.7
Hong Kong. The quantum of the Net debt to equity (%) net cash
impact cannot yet be quantified. Sources: Company data, RHB
Notwithstanding, we believe growth
prospects and fundamentals will year-on-year [y-o-y], +68% quar-
remain intact beyond the virus out- ter-on-quarter), bolstered by higher
break concerns, riding on the ro- sales on seasonality and favourable
bust demand for gummy products. raw material costs. However, we
We estimate 4QFY19 earnings think the Covid-19 virus impact-
to be RM11-RM12 million, (+22% ing Asia will pose a downside risk
Cocoaland’s plan to expand its get price-earning ratio (PER) of 16
capacity has been delayed, as the times from 18 times. We opt to be
2018 2019F 2020F 2021F construction of its new factory is more conservative with our valu-
253.7 293.4 309.1 337.6 taking longer than expected. The ation, as we observe the delivery
30.9 35.8 38.6 42.1
plant is now scheduled to run in of steady earnings growth (nine
April/May versus initial expecta- months of FY19: +13%) has failed
(7.8) 15.7 8.0 8.9 tions of March/April. Hence, the to excite the market or lift trading
group will not be able to capitalise volumes. Additionally, sentiment
14.1 12.2 11.3 10.3 on the surge in demand during the on the stock could further be damp-
1.8 1.7 1.6 1.5 Aidilfitri celebrations at end-May. ened, given the potential earnings
(21.2) (15.2) 28.0 27.5 We trim our forecasted FY20- downside from the Covid-19 out-
3.2 5.3 5.3 5.3 FY21 earnings by 3% after imput- break and expansion plan delays.
6.9 6.6 5.8 5.2
ing a more conservative sales as- Notwithstanding, we believe its
sumption. This is to reflect the virus growth prospects and fundamen-
12.7 14.7 15.0 15.3 outbreak and delays in the com- tals will remain intact beyond the
net cash net cash net cash net cash missioning of its new plant. Key viral outbreak concerns. The stock
risks to our call and earnings fore- is trading at a compelling 11 times
casts: a sharp rise in raw material PER, below the 16-18 times valua-
to 1QFY20 earnings. China, Hong costs, the stronger ringgit against tion range of comparable peers like
Kong, and Singapore collectively the greenback, and further delays Power Root Bhd (Buy, TP: RM2.80)
contribute about 28% of Cocoa- in the commissioning of new pro- and Apollo Food Holdings Bhd
land’s total sales. The quantum of duction lines. (Neutral, TP: RM3.40). It also of-
the impact should depend on the We maintain our call with a new fers a decent 5.3% yield. — RHB
duration of the outbreak. TP, which is based on a lower tar- Research Institute, Feb 14
14 C O M M E N T
Big data will not save you from Covid-19
It is unsettling that the information we have got on this deadly outbreak is approximate at best
BY DAVI D FI CKL I NG
H
ow often do you
see a piece of eco-
nomic or finan-
cial information
revised upward by
45%? And how re-
liable would you regard a data
set that is subject to such ad-
justments?
This is the problem confronting
epidemiologists trying to make
sense of the Covid-19 spreading
from China’s Hubei province. Last
Thursday, the tally there surged
by 45% — or 14,480 cases. The
revision was largely due to health
authorities adding patients diag-
nosed on the basis of lung scans to
a previous count, which was mostly
limited to those whose swab tests
came back positive.
The medical data emerging
from hospitals and clinics around
the world are invaluable in de-
termining how this outbreak will
evolve — but the picture painted
by the information is changing
almost as fast as the disease it-
self, and is not always of impec-
cable provenance. Just as novel
infections exploit weaknesses in
the body’s immune defences, ep-
idemics have an unnerving habit
of spotting the vulnerabilities of
the data-driven society we have
built for ourselves.
That is not a comforting thought.
We live in an era where everything
seems quantifiable, from our daily
movements to our Internet search
habits and even our heartbeats.
At a time when people are scared
and seeking certainty, it is alarm-
ing that the knowledge we have on
this most important issue is at best
Planting trees is good but cutting emissions is better
BY FAY E FL A M
OVERALL, it is good news that US
President Donald Trump has de-
clared he is in favour of planting
trees — it is perhaps the one thing
he has in common with people who
care about the long-term future of
the planet. Trees not only provide
a habitat for wildlife, they can mit-
igate global warming, to an extent.
Promises to plant trees came
up at the World Economic Forum
in Davos, and in Trump's State of
the Union address — perhaps the
greenest promise he has made since
the start of his presidency. Other
Republicans are embracing trees
as well — including congressman
Bruce Westerman of Arkansas, who
has proposed his own tree bill. If
Trump and other Republicans now
want to accept the mainstream
scientific view of global warming,
that is good news and we should
welcome it.
Google can track
one’s every
move and tell
you where you
ate lunch last
week, but viruses
do not carry
phones. Photo by
Bloomberg
an approximate guide to what is
happening.
“It’s so easy these days to cap-
ture data on anything, but to make
meaning of it is not easy at all,”
said John Carlin, a professor at
the University of Melbourne spe-
cialising in medical statistics and
epidemiology. “There’s genuinely
a lot of uncertainty, but that’s not
what people want to know. They
want to know it’s under control.”
That is most visible in the con-
tradictory information we are see-
ing around how many people have
been infected, and what share
of them have died. While those
figures are essential for getting
a handle on the situation, as we
have argued, they are subject to
But before we all go into a group
tree-hug with Trump, there are,
as it turns out, a couple of cave-
ats about trees. Th e fi rst is that
some people may be mistaking
tree planting as a substitute for
cutting emissions. Trees can defi-
nitely absorb carbon dioxide, but
alone they will not be enough to
stop global warming.
We saw this same mistake last
summer when a paper in Science
exaggerated the power of trees to
soak up the CO2 that has been
building up in the atmosphere.
The researchers, from the Swiss
Federal Institute of Technology in
Zurich, estimated that the earth
could handle an additional tril-
lion trees — and that these would
be enough to soak up about two
thirds of all the carbon emitted
by humans from burning fossil
fuels. To put that in perspective,
scientists estimate that the planet
held about six trillion trees before
errors in sampling and measure-
ment that are compounded in
high-pressure, strained circum-
stances. The physical capacity to
do timely testing and diagnosis
cannot be taken for granted ei-
ther, as my colleague Max Nisen
has written.
Early case fatality rates for the
severe acute respiratory syndrome
were often 40% or higher before
settling down to figures in the re-
gion of 15% or less. The age of pa-
tients, whether they get sick in the
community or in a hospital, and
doctors’ capacity and experience
in offering treatment can all affect
those numbers dramatically.
Even the way that the Covid-19
cases are defined and counted has
humanity started to chop them
down and burn them. We have
reduced the total to three trillion.
The paper got some big head-
lines in the press, but the jour-
nal subsequently published five
rebuttals in the form of letters.
University of California Berkeley
climate scientist Zeke Hausfather
said that the original paper over-
estimated by a factor of two how
much carbon could be absorbed
by a trillion trees. By his calcula-
tions, tree planting could erase
about eight or nine years of recent
emissions. That is still impressive,
but it is not enough.
Then there is the question of
where we would plant a trillion
trees. Some of the trees would
have to be planted on land that is
being used for farming or grazing
pasture, or natural savannah that
itself is a natural ecosystem, as
biologist Robin Chazdon of the
University of Connecticut argued
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
changed several times, said Profes-
sor Raina MacIntyre, head of the
University of New South Wales’s
Biosecurity Research Programme:
From “pneumonia of unknown
cause” in the early days, through
laboratory-confirmed cases once a
virus was identified, to the current
standard that includes lung scans.
That is a common phenomenon
during outbreaks, she said.
Those problems are exacerbated
by the fact that China’s government
has already shown itself willing to
suppress medical information for
political reasons. While you would
hope the seriousness of the situa-
tion would have changed that in-
stinct, the fact casts a shadow of
doubt over everything we know.
in a commentary piece that ac-
companied the original Science
paper. In some areas of tundra,
trees might make global warming
worse, said Hausfather, by de-
creasing the albedo — the reflec-
tivity of the ground. Bare bright
snow reflects more sunlight than
a tree-covered landscape, which
helps keep things cool.
“There’s a long history of peo-
ple thinking there are silver bullet
solutions to climate change,” he
said, “whether it's nuclear power
or photovoltaics or trees.” He has
calculated that the only way to
keep global warming below 2°C
will be to start cutting emissions
now, though the trees would buy
time — giving us a few more years
before we need to cut emissions
to zero.
But companies are already
jumping on the feel-good potential
of tree planting to offset costum-
iers’ carbon guilt. According to a
How should the world respond
amid this fog of uncertainty?
While every piece of informa-
tion is subject to revision and the
usual statistical rule of garbage-in,
garbage-out, epidemiologists have
ways to make better sense of what
is going on.
Well-established statistical
techniques can be used to clean
up messy data. A study last week
by Imperial College London used
screening of passengers flying to
Japan and Germany to estimate the
fatality rate for all cases was about
1% — below the 2.7% of confirmed
ones found in Hubei province, but
higher than the 0.5% seen for the
rest of the world.
When studies from different re-
searchers using varying techniques
start to converge towards common
conclusions, that is also a strong
if not faultless indication that we
are on the right track. The num-
ber of new infections caused by
each Covid-19 case has now been
identified in the region of 2.2 or
2.3 by several separate studies, for
instance — although that number
itself can be subject to change as
people quarantine themselves and
self-segregate to prevent infection.
The troubling truth, though, is
that in a society that expects to
know everything, this most cru-
cial piece of knowledge is still un-
certain.
Google can track my every move
and tell me where I ate lunch last
week, but viruses do not carry
phones. The facts about this dis-
ease are hidden in the activity of
billions of nanometre-scale parti-
cles, spreading through the cells
of tens of thousands of humans
and the environments we traverse.
Big data can barely scratch the
surface of solving that problem.
— Bloomberg
piece in “MIT Technology Review”,
the airline booking app Hopper is
offering to donate enough money
to plant four trees for every flight
you book. The damaging effect of
the fight is immediate, while the
positive effect of the trees is far
in the future.
The benefits of tree planting
are also fragile and easily re-
versed. The excess carbon that
is causing trouble today had been
buried in the ground for millions
of years. Any carbon that gets ab-
sorbed into plants comes right
back out if the plants die from
disease, dehydration or overheat-
ing, or get burned down — as hap-
pens increasingly often in massive
wildfires. There are ways to get
carbon back underground — ex-
periments that might be scaled up
in carbon capture technology. But
none of this is any substitute for
leaving fossil fuels in the ground.
— Bloomberg
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
US panel’s
interim ruling
favours LG Chem
in SK case
BY H YU N JOO JI N
SEOUL: A US trade panel pre-
liminarily ruled in favour of
South Korean electric vehicle
(EV) battery maker LG Chem
Ltd which had accused cross-
town rival SK Innovation Co of
misappropriating trade secrets,
the companies said yesterday.
LG Chem and SK Innovation
have hit each other with US
lawsuits for thefts of trade se-
crets and patent infringements
in a bitter row that threatens
to disrupt the launches of EVs
by some of the world’s biggest
carmakers.
The so-called default judge-
ment by the US International
Trade Commission (ITC) could
potentially mean SK Innova-
tion, as sought by LG Chem,
cannot import some battery
products, components and ma-
terials it may need to supply its
US factories for Volkswagen
and Ford Motors.
The ITC is set to make a fi-
nal ruling in the case on Oct 5,
LG Chem said in a statement.
In a statement, SK Innova-
tion expressed “regret” at the
ruling which it said “had not
fully acknowledged arguments
from SK Innovation”. — Reuters
Toyota to restart
three China
plants this week
amid virus fight
BY SH I H O TA K EZAWA
TOKYO: Toyota Motor Corp
will partly resume operations
at three plants in China this
week, bringing back some of
the capacity that had been on
an extended halt in response to
the Covid-19 outbreak that has
killed more than 1,600 people
and pitched Asia’s top econo-
my into turmoil.
The factories in Changchun
and Guangzhou will restart to-
day, while operations in Tianjin
resume tomorrow, Kensuke Ko,
a spokesman for the Japanese
automaker, said in an email.
The plant in Chengdu will re-
start after next week, he said.
The spread of the virus has
weighed on the global econ-
omy, with some major car-
makers extending plant shut-
downs amid shortages of parts
and as efforts to combat the
outbreak impeded the flow
of workers. An initial plan by
Toyota to reopen factories on
Feb 9 was delayed. Fellow Jap-
anese carmaker Honda Motor
Co has said it plans to restart
its China manufacturing oper-
ations in the week from today.
— Bloomberg
HK facing ‘tsunami-like’
shocks — finance chief
Its next fiscal year may see a record budget deficit on Covid-19 costs
BY JINSHAN HONG
HONG KONG: Hong Kong is fac-
ing “tsunami-like” shocks,
and may incur a record
budget deficit in the next
fiscal year as the city
counts the costs of the
Covid-19 outbreak after
months of social unrest,
Financial Secretary Paul
Chan said.
Chan says the
budget shortfall
will likely continue
for a period of
time. Photo by
Bloomberg
US weighs blocking GE engine sales for
China’s new airplane — sources
BY KAR EN FR EIFELD
& ALEXANDRA ALP ER
NEW YORK/WASHINGTON: The
US government is considering
whether to stop General Electric
Co (GE) from continuing to supply
engines for a new Chinese passen-
ger jet, according to people familiar
with the matter, casting uncertain-
ty over China’s efforts to enter the
civil aviation market.
The potential restriction on the
engine sales — possibly along with
limits on other components for
Chinese commercial aircraft such
as flight control systems made by
Honeywell International Inc — is
the latest move in the battle be-
tween the world’s two largest econ-
omies over trade and technology.
Filepic of the C919 passenger jet, which has already engaged in test flights and is expected to go into service next year. Photo by Reuters
The impact of the epidemic on
the Hong Kong economy is being
felt beyond retail, food and
beverage and tourism-re-
lated industries, Chan
said in a blog post yes-
terday. The short-term
economic outlook is
“cautious,” and shocks
can cause the unem-
ployment rate to “dete-
riorate rapidly,” he said.
“In addition to
launching counter-
The issue is expected to come
up at an inter-agency meeting
about how strictly to limit exports
of US technology to China on
Thursday and at another meet-
ing with members of President
Donald Trump’s Cabinet set for
Feb 28, sources said.
The White House and the US Com-
merce Department, which issues li-
cences for such exports, declined to
comment, as did a GE spokeswoman.
The departments of Defence, State,
Energy and Treasury did not respond
to requests for comment.
For years, the US has support-
ed American companies’ business
with China’s budding civil aviation
industry.
The government has provided
licences that allow those compa-
W O R L D B U S I N E S S 15
cyclical relief measures to support
the economy, the government’s
recurrent expenditure in the past
10 years has continued to increase
significantly, and the weakening
economy has significantly reduced
government revenue from tax and
land,” he wrote, elaborating on the
deficit.
The budget shortfall will like-
ly continue for a period of time,
Chan said.
Economists are revising down
their forecasts for Hong Kong’s
economic growth in 2020, with
the virus worsening the current
recession which was a fallout
from the city’s political crisis.
The government will seek approv-
nies to sell engines, flight control
systems and other components
for China’s first large commercial
aircraft, the Comac C919. The nar-
row-body jet has already engaged
in test flights and is expected to go
into service next year. COMAC is an
acronym for Commercial Aircraft
Corp of China Ltd.
But the Trump administration
is weighing whether to deny GE’s
latest licence request to provide
the CFM LEAP-1C engine for the
C919, people familiar with the mat-
ter said.
The CFM LEAP engine is a joint
venture between GE and France’s
Safran Aircraft Engines. The propos-
al to halt the deliveries of the engines
was also reported on Saturday by
the Wall Street Journal. — Reuters
al from the territory’s legislature
for at least HK$25 billion (RM13.3
billion) in fresh funding to reduce
the impact of the virus outbreak
in the city, Chief Executive Carrie
Lam said last Friday.
“The current fiscal reserves of
the government allows it to sus-
tainably launch countercyclical
measures in the near future to sta-
bilise employment and support the
economy,” Chan said yesterday.
“However, in order to ensure the
stability of public finances, we must
pay more attention to fiscal sustain-
ability and pay within our means
when considering new expendi-
tures, especially recurrent expendi-
tures, in the future.” — Bloomberg
REUTERS
‘Europe can win
global battle for
industrial data’
BY MIC H E L RO S E
PARIS: Europe may have lost
the battle to create digital
champions capable of taking
on US and Chinese companies
harvesting personal data, but
it can win the war of industrial
data, Europe’s industry policy
chief said on Saturday.
Vast troves of data from
how fast we drive our cars
to how much time a robot
needs to churn out products
will open a new front in the
battle for digital dominance,
said Thierry Breton (pic), the
European Commissioner in
charge of the European Un-
ion’s single market. Breton,
a former French finance min-
ister, told Reuters this in an
interview.
Alarmed by the dominance
of US and Chinese technology
companies such as Google,
Amazon or Huawei, the Euro-
pean Commission is leaving
behind the “laissez-faire” at-
titude of the early 2000s and
ratcheting up regulatory pres-
sure to protect its businesses.
The new approach will be
on display on Wednesday
when Breton unveils the bloc’s
new data and artificial intel-
ligence strategy. — Reuters
16 FO CU S
A vendor wearing a protective mask waiting for
customers at a fresh produce market in Shanghai,
China, on Saturday. Real GDP is now forecast to
grow 5.8% this year, down from 5.9% last month.
Photo by Bloomberg
Global economic policy direction
now hinges on China’s next move
The Chinese govt has urged the nation to meet its economic targets this year
BY EN DA C U RRA N
T
he broad policy direction for
many of the world’s central
banks and governments now
hinges on one question: How
will the Chinese government
respond to the economic shock
caused by the Covid-19?
The Communist Party’s elite Politburo
has urged the nation to meet its economic
targets this year, an imperative that could
shake the government’s recent reluctance
to fire up large-scale stimulus.
If it translates into an all-out loosening
of monetary policy and a ramp-up in gov-
ernment spending, key trading partners that
have been slammed by the hit to exports,
supply chains, commodities and tourism
may see short-term pain followed by a rap-
id snap back.
The economic shock is expected to dom-
inate discussions at this week’s meeting of
finance ministers and central bankers at a
Group of 20 summit in Riyadh, Saudi Ara-
bia. International Monetary Fund (IMF)
managing director Kristalina Georgieva last
Friday suggested there may be a need for
“synchronised or, even better, coordinated
measures to protect the world economy”.
Much depends on which levers China
pulls. Near-term options include further
cuts to central bank funding rates and
more tax relief to hard-hit sectors as well
as flush liquidity for the financial system.
The emphasis for now remains on not
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
overdoing it, though there are signs the
resolve is softening.
The People’s Bank of China could fur-
ther cut the proportion of deposits banks
must hold as reserves. Local governments
are being allowed to speed up bond sales
to fund infrastructure like highways and
health facilities.
Economists from Goldman Sachs Group
Inc to UBS Group AG and BNP Paribas SA
see more easing steps ahead.
Real gross domestic product (GDP) is now
forecast to grow 5.8% this year, according to
the median result in a Bloomberg survey,
down from 5.9% last month. That would be
the weakest in three decades.
The unknown is whether officials will
really relax their rigid clampdown on bor-
rowing in an economy where total debt is
heading towards 300% of national output,
making financial stability a political priority.
“The key for China’s trading partners is
not so much the composition of China’s
stimulus but, rather, that the stimulus is
tailored to reflect the features of the shock,”
said Nathan Sheets, a former US Federal
Reserve (Fed) official who is now chief
economist for PGIM Fixed Income.
China’s factories are vital links in the
supply chains for multinational companies.
Hubei province, an industrial powerhouse
with an economy the size of Sweden’s, re-
mains in lockdown while a mix of curbs on
factory production and travel remain in
place elsewhere too, complicating the task
of getting the economy back up to speed.
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
In the Covid-19 era, ‘we do not know’ is defensible
BY DA N I EL MOSS
CENTRAL bankers from Sydney to Wash-
ington are confessing they do not know how
big the economic dent from the Covid-19
will be. This is more encouraging than you
might think.
In the post-Great Recession era of forward
guidance, quarterly forecasts and inflation
targets, investors demanded clarity and have
grown used to getting it. It is understanda-
bly jarring to hear senior officials say they
are taking things
day-by-day or
changing tack
abruptly.
China effect
HSBC Bank plc economists led by Janet
Henry estimate the hit to tourism revenue
will be the biggest drag on Asia. They also
highlight China’s role at the centre of the
global supply chain for electronics will delay
a nascent recovery after a prolonged slump.
The Asia-focused lender has cut its 2020
global GDP forecast to 2.3% from 2.5% on
the back of the China effect.
Analysis by Tom Orlik at Bloomberg Eco-
nomics shows that Australia, South Korea,
Japan, Singapore, Hong Kong and Thailand
are among the most exposed in the region
while Brazil, Germany and South Africa are
high up in the list of global vulnerability.
Chinese President Xi Jinping has stressed
the hit to growth will be short term and has
used opportunities like a half-hour phone call
with Prime Minister Tun Dr Mahathir Mo-
hamad to assure the fallout will be contained.
One worry: Because China is experiencing
a supply side shock that is upended produc-
tion and distribution, a conventional stim-
ulus such as lower interest rates or higher
public spending may not be enough to turn
things around, according to former IMF chief
economist Olivier Blanchard.
Tomorrow, Federal Reserve (Fed) chair
Jerome Powell told a congressional com-
mittee that the virus will “very likely” have
some effect on the US, and he is waiting to
see whether it leads to a “material assess-
ment of the outlook”. Just two weeks earlier,
when the Fed kept rates on hold, its state-
ment made no mention of the outbreak. At
a subsequent press conference, Powell said
it was among “uncertainties” in the forecast.
In Australia, Alexandra Heath, head of
economic analysis at the Reserve Bank of
Australia (RBA), said last Wednesday that
the virus probably is not just a passing shock
before “everything goes back to normal”. She
added: “Something that we do not have in
here, and is a very serious downside risk to
the forecasts, is that we have not really taken
into account that China sits in the middle
of a lot of supply chains.”
Beyond the bewildering admission that
the RBA failed to consider China’s role in the
web of global trade, the statement stands in
stark contrast to comments last week when the
central bank kept rates unchanged. In its re-
Lowe says the risks are probably greater
than the 2003 outbreak of the severe acute
respiratory syndrome. Photo by Reuters
“The effects on the rest of the world are
likely to be mostly through the disruption of
supply chains, and the effect on firms out-
side of China,” Blanchard said. “Much more
so than the effect through lower exports to
China, because of lower growth in China.”
Governments across Asia are already
gearing up to respond.
Koichi Hamada, an adviser to Japanese
Prime Minister Shinzo Abe, said more fis-
cal stimulus will be needed if the fall out
worsens.
Singapore is poised to roll out extra spend-
ing, Malaysia will announce its stimulus this
week, while Indonesia plans faster spending.
Globally, policymakers including the
IMF’s Georgieva, and Fed chairman Jerome
Powell say they are closely watching the virus
fallout. Among emerging markets, Thailand,
Malaysia and the Philippines have already
cut their benchmarks and others may follow.
Which is why there is so much focus on
how China responds.
“I would guess the global policy re-
sponse will be three-quarter on Beijing and
one-quarter on the rest of the world,” said
Gene Ma, head of China research at the Insti-
tute of International Finance. — Bloomberg
view of the global economy, the RBA said while
the Covid-19 will have a big effect on China,
it is too soon to gauge how long that will last.
Three days later, RBA governor Philip
Lowe told legislators that the risks are prob-
ably greater than the 2003 outbreak of the
severe acute respiratory syndrome. If the rate
of infection slows, he said, “there are rea-
sonable prospects of a quick bounce back”.
It is worth noting that Australia is one of the
developed world’s most China-dependent
nations; a famous three-decade expansion
is partly explained by mainland demand for
the country’s raw materials.
It is tempting to see these comments as
flip-flops, but let us cut the Fed and the RBA
some slack. Is there anyone, anywhere who
can say with conviction how the epidemic
will evolve or how it will affect the econo-
mies of China and its commercial partners?
As the virus spreads, society will inevitably
look to central bankers and health experts
for certitude. Yet with a rapidly evolving out-
break, a 24-hour news cycle and the ferocious
metabolism of social media, it is impossible
to get things right all the time. Better, then,
to simply be honest: We just do not know.
I am not advocating obfuscation or, on the
other end of the spectrum, WeChat messag-
es prefaced by “DISPEL RUMOUR” with an
Alibaba’s virus response is as
much VC as ESG
BY RO BY N M AK
ALIBABA Group Holding Ltd’s approach
to corporate philanthropy may produce
start-up-like results. China’s e-commerce
goliath has rolled out a series of meas-
ures, including waiving merchant fees
and slashing logistics costs, designed to
provide some relief for small businesses
amid the debilitating Covid-19. And the
cash-burning subsidies might just help
Alibaba keep existing customers and find
new ones.
The outbreak has mobilised China’s
largest company by market capitalisation
to act quickly. Just days after Wuhan, the
epicentre of the so-called SARS-CoV-2,
was effectively quarantined, Alibaba an-
nounced a one billion yuan (RM592 mil-
lion) fund dedicated to buying and deliv-
ering medical supplies to virus-hit areas.
Last week, Alibaba followed up with ad-
ditional steps to assist local firms.
Sellers on Alibaba’s flagship TMall
shopping site are now exempted from
paying commissions as well as services
and technology fees for the first half of the
year. Additional perks include a monthly
subscription to Alibaba’s storefront man-
agement software, and incentives such as
two months of warehouse rent for new
customers who sign up for logistics ser-
vices before April.
The financial impact of these goodies
looks manageable for Alibaba boss Daniel
Zhang. The US$600 billion (RM2.48 tril-
lion) company, which was due to report
quarterly earnings last Thursday, is fore-
cast to generate some 520 billion yuan in
revenue in the fiscal year ending March,
according to estimates on Refinitiv. Ad-
vertising, rather than fees and commis-
sions, matter more for Alibaba’s top line.
The giveaways being offered would reduce
the top line by just 1%, China Renaissance
analysts estimate.
FO CU S 17
emoji of a fist, as the People’s Bank of China
has been known to post. As long as officials
tell us they are aware of the gravity, they are
on the case and trying to get a handle on
events before responding, that should be
acceptable — for a while. The times when
central bankers need to maintain the vis-
age of the all-wise and all-knowing have
passed: Nimbleness of thought and word
should become the new benchmark. What
is counterproductive is acknowledging there
will be economic damage and then sound-
ing sanguine, as I wrote last week.
We are already starting to see the benefits
of tracking thoughts in real time. Officials
contemplating rate cuts appear to be edging
toward doing so. Powell’s comments linking
the virus fallout to the question of a “material
reassessment” are significant. They suggest
the outbreak does not have to actually hurt
the US economy for the Fed to take action,
it just needs to alter the prognosis. Histori-
cally, that phrase has been used sparingly.
Let us give the RBA’s Heath, a respected
senior staffer, some time to calibrate and
points for candour. Both she and Powell
could have been smoother. But, in their
own ways, they have given us a taste of the
future. This is one of those times when it is
fine to be a little bit human. — Bloomberg
Filepic of customers at the TMall baby products
section operated by Alibaba. Sellers on Alibaba’s
flagship TMall shopping site are now exempted
from paying commissions as well as services and
technology fees for the first half of the year. Photo
by Bloomberg
The approach also evokes the subsidy
battles scattered across the tech land-
scape. Venture capitalists (VC) enable
cut-rate food delivery and bike-sharing
services in the hopes that accumulating
enough customers eventually will pay
off. The phenomenon has even reached
Alibaba, which is grappling with slowing
growth and intensifying competition, in
part because of fast-growing upstarts such
as Pinduoduo. Alibaba’s revenue growth
is expected to slow to 36% in the three
months to December. It is an impressive
rate, but also down from 56% two years ago.
In 2018, Alibaba published its first en-
vironmental, social and governance (ESG)
report. Zhang’s virus-related assistance
suggests a degree of commitment to the
responsibility, but not without missing a
business opportunity. — Reuters
18 WORLD
Demonstrators holding banners and flags at a protest against the Munich Security Conference in Munich, Germany on Saturday.
Esper says it is not too late for the UK, which said it would allow Huawei a limited role in building its 5G networks, to take ‘two
steps back,’. Photo by Reuters
US Secretary of
State says ‘the West
is winning’
But his Chinese counterpart accuses him of telling ‘lies’
BY RO B I N EMMOTT & JOHN IRISH
MUNICH: US Secretary of State Mike
Pompeo defended on Saturday his
nation’s global role despite misgiv-
ings in Europe, vowing that Western
values would prevail over Russian
and Chinese desires for “empire”.
Seeking to reassure Europeans
troubled by US President Donald
Trump’s “America first” rhetoric, his
ambivalence over the Nato military
alliance and tariffs on European
goods, Pompeo said there was no
crisis in Western leadership.
“I’m happy to report that the
death of the transatlantic alliance
is grossly exaggerated. The West
is winning, and we’re winning to-
gether,” he said in a speech at the
Munich Security Conference.
Pompeo’s Chinese counterpart,
Wang Yi, accused him of telling
“lies, not based on facts” about
Beijing’s intentions. Pompeo had
US condemns detention of uncle of Venezuela’s Guaido
BY LUC I A MU TI K A N I
WASHINGTON: The US State De-
partment on Saturday condemned
the detention of Venezuelan oppo-
sition leader Juan Guaido's uncle as
politically motivated and demand-
ed his immediate release.
Juan Jose Marquez was detained
been, in part, responding to Ger-
man President Frank-Walter Stein-
meier, who last Friday accused the
US, Russia and China of making the
world more dangerous.
“We cannot be the United States’
junior partner,” French President
Emmanuel Macron said, adding that
while he supported Nato, Europe
needed to be able to tackle threats
in its neighbourhood and at times
act independently of Washington.
Trump’s decision to pull out of
the 2015 Iran nuclear deal, as well
as the Paris climate accord, have
undermined European priorities,
while moves such as recognition of
Jerusalem as Israel’s capital have
weakened European diplomacy,
envoys say.
Pompeo defended the US strat-
egy, saying Europe, Japan and oth-
er American allies were united on
China, Iran and Russia, despite
“tactical differences.”
last Tuesday on his return to Ven-
ezuela after a three-week interna-
tional tour. He was together with
Guaido, who is recognised by more
than 50 countries as Venezuela's
legitimate president.
According to the State Depart-
ment, Marquez was being accused
of smuggling explosive material
Pompeo, however, reiterated
Washington’s opposition to the
Nord Stream 2 gas pipeline un-
der construction between Russia
and Germany under the Baltic Sea,
a project backed by the govern-
ment of German Chancellor An-
gela Merkel.
US Secretary of Defense Mark
Esper, who spoke immediately af-
ter Pompeo, focused his remarks
solely on China, accusing Beijing
of a “nefarious strategy” through
telecommunications firm Huawei.
He said Washington is working
with technology companies in the
US and allied nations to develop
alternatives to Chinese fifth gen-
eration (5G) vendors and is testing
them at US military bases.
He added it was not too late for
Britain, which had said it would al-
low Huawei a limited role in build-
ing its 5G networks, to take “two
steps back.” — Reuters
aboard a direct international flight
from Portugal. State Department
spokesman Morgan Ortagus scoffed
at the charges, saying Marquez had
gone through strict security screen-
ing and protocols at Lisbon airports.
He also noted TAP Air Portugal had
affirmed publicly that it was im-
possible to travel with explosives.
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
UK post-Brexit rules to curb
low-skilled foreign labour
BY CO S TA S PITA S
LONDON: Britain will “turn off
the tap” of foreign, low-skilled
labour and require all skilled
workers wishing to come to the
country to have a job offer and
meet salary and language re-
quirements as it sets post-Brex-
it rules from next year.
Britain formally left the Eu-
ropean Union (EU) at the end of
January but a transition period
is in effect until Dec 31, during
which time little changes.
At the moment, EU citizens
are able to move freely between
the member states, prompting
some Britons to vote for Brexit in
the 2016 referendum in a bid to
bring down the number of people
arriving in the country.
“Our new immigration system
Pull yourselves together for EU’s
sake, German Greens urge CDU
BY AN D R E A S R IN K E
MUNICH: German Chancel-
lor Angela Merkel’'s Christian
Democrats (CDU), embroiled in a
leadership crisis, must unite and
keep their ruling coalition stable
as Germany takes on the rotating
European Union (EU) presidency
this year, Greens leader Annalena
Baerbock said.
CDU leader Annegret
Kramp-Kar renbauer (pic)
plunged the party into crisis
last Monday when she gave up
her ambitions of succeeding
Merkel — a move that raised
questions over the future of the
conservatives' coalition with
the Social Democrats (SPD).
The centre-left SPD has sig-
nalled it could quit the coalition if
Merkel is forced out as chancellor
— a scenario that Baerbock
said could not be allowed
to unfold during Germa-
ny’s EU presidency, start-
ing on July 1.
“We cannot have a
situation in the mid-
dle of the EU presiden-
cy — when we have big,
big questions in
Europe — for
there to sud-
denly be a vote
REUTERS
Flights cancelled as second storm
in week hits Britain
BY CO S TA S PITA S
LONDON: The second storm in
a week hit Britain on Saturday,
prompting flooding alerts for
many parts of the country and
disrupting flights and train ser-
vices just as many schools start
their half-term holidays.
The heavy rain and strong
winds from Storm Dennis hit
barely a week after Storm Ciara
caused disruption to transport,
flooded homes and left thou-
will turn off the tap of cheap, for-
eign low-skilled labour,” Interior
Minister Priti Patel wrote in The
Sun on Sunday newspaper.
“From next year, all skilled
workers will need to earn enough
points to work in the UK. They
will need to speak English, have
a firm job offer, and meet the
salary requirements.”
Patel said “overall numbers”
would fall under the plan.
Some opposition politicians
have argued that restrictions on
immigration could harm pub-
lic services such as the National
Health Service which in certain
areas relies on EU citizens who
work as nurses and doctors.
The government said it would
award additional points to those
working in sectors where there is
a skill shortage. — Reuters
of confidence raised in Germa-
ny,” Baerbock told Reuters at the
Munich Security Conference.
Her comments suggest the op-
position Greens, which are strong
contenders to take a role in Ger-
many’s next government, are not
looking to take advantage of the
CDU turmoil any time soon.
Germany’s next federal elec-
tion is due by October 2021.
The CDU is starting a selec-
tion process — that could take
months — to decide who will lead
the party and run as chancellor
in that election. The same person
will probably, but not necessar-
ily, hold both posts.
The possibility of having a
rival as party leader while she
remains chancellor may be un-
workable and force Merkel, who
will not seek re-election, to
stand down early.
This could trigger
an early election, not
least because the SPD
have made clear their
coalition deal is only
with Merkel.
But Baerbock
urged the
CDU to
show sta-
bility. —
Reuters
sands without electricity.
EasyJet has warned of “signifi-
cant disruption” to its operations
with multiple flights cancelled
into Gatwick Airport while Luton
Airport was advising passengers
to check with their airlines before
setting off from home.
A total of 30 warnings were
in place in England, meaning
flooding was expected, and 238
alerts cautioning that flooding
is possible, according to the En-
vironment Agency. — Reuters
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
Another 70
people test
positive for
Covid-19 on
ship in Japan
BY TETSUSHI KAJIMOTO,
LINDA SIEG & WILLIAM MALLARD
TOKYO/HONG KONG: An-
other 70 people on board a
quarantined cruise ship in Ja-
pan have tested positive for
Covid-19, bringing the total
number of cases from the ves-
sel to 355, Japanese Health
Minister Katsunobu Kato said
yesterday.
The Diamond Princess,
owned by Carnival Corp, has
been quarantined since ar-
riving in Yokohama, south-
west of Tokyo, on Feb 3, after
a man who disembarked in
Hong Kong before it travelled
to Japan was diagnosed with
the virus.
The ship, with some 3,700
passengers and crew on board,
has the most Covid-19 infec-
tions outside China. Those
testing positive are transferred
to Japanese hospitals. No one
from the ship has died of the
virus.
In a statement late on Sat-
urday, Hong Kong’s Security
Bureau said chartered flights
would return Hong Kong res-
idents to the city for free once
Japanese authorities had con-
firmed the plan.
There are about 330 Hong
Kong residents on board, in-
cluding 260 holding Special
Administrative Region of Hong
Kong passports and roughly
70 people with foreign ones.
The US Embassy in Tokyo
said in a letter on Saturday
to passengers that chartered
aircraft would have arrived in
Japan yesterday evening and
that it recommended “out of an
abundance of caution” that US
citizens disembark and return
home for further monitoring.
The US Centers for Disease
Control and Prevention said
there are approximately 400
US citizens onboard the Dia-
mond Princess.
Meanwhile, according to
Bloomberg, a married Japa-
nese couple in their 60s tested
positive for the virus after re-
turning home from a Hawaiian
vacation, health officials said
on Saturday, according to the
New York Times.
The couple had returned to
Nagoya on Feb 7, and a day lat-
er he visited a hospital with a
fever but was turned away. He
was back after two days when
he learned he had pneumonia,
but he was then released. Last
Thursday, the man went by
ambulance to a hospital. His
wife checked into the hospital
last Friday with a fever. Both
now have the virus.
The disclosure of the
post-visit infection has caused
concern among Hawaii health
officials, the Times reported.
— Reuters
S’pore plans strong
budget stimulus to
counter virus threat
Deficit may widen to 1.5% of GDP in next fiscal year — analysts
BY MICHELLE JAMRISKO & CYNTHIA LI
SINGAPORE/HONG KONG: Singa-
pore is set to deliver a strong budget
this week to offset the damage to the
economy from Covid-19, with an-
alysts predicting the biggest deficit
in almost two decades.
The fiscal gap may widen to 1.5%
of gross domestic product (GDP) in
the year beginning April 1, the high-
est since the 1.7% shortfall recorded
in the 2001 financial year, according
to the median estimate in a Bloomb-
erg survey of economists. This year’s
deficit will probably come in at 0.3%,
compared with the government’s
earlier projection of 0.7%.
Singapore was already planning
support for businesses hit by the
trade war when the virus broke out
early this year. The city state, which
has more than 60 cases of virus in-
fections, is losing as many as 20,000
tourists a day amid travel curbs.
Jong-un (front) visiting his father’s and former leader Jong-il’s mausoleum to mark the anniversary of the late leader’s birth
on Saturday. Photo by Reuters
Kim Jong-un makes first public appearance
in 22 days amid virus outbreak
BY CYNTHIA KIM
SEOUL: North Korean leader Kim
Jong-un made his first public ap-
pearance in 22 days amid an out-
break of Covid-19, state media
reported on Saturday, to visit a na-
tional mausoleum and mark the
anniversary of the late leader Kim
Jong-il’s birth.
Jong-un paid tribute to the statue
of former leader Kim at Pyongyang’s
The economic impact is already
more severe than during the 2003
severe acute respiratory syndrome
(SARS) pandemic, Prime Minister
Lee Hsien Loong was cited as say-
ing last Friday.
“Budget 2020 comes at an op-
portune time for a more expansion-
ary fiscal stance to provide a much
needed lift to buffer the downside
growth risks,” said Selena Ling, head
of research and strategy at Over-
sea-Chinese Banking Corporation
Ltd in Singapore.
The virus could shave off between
half and one percentage point from
GDP growth this year depending on
how severe the epidemic is, she said.
The government had predicted a re-
covery from last year’s expansion of
0.7%, the slowest pace in a decade.
Nine of 10 analysts polled by
Bloomberg through last Thursday
said the single-most urgent eco-
nomic need for the budget to ad-
Kumsusan Palace of the Sun, his first
public appearance since he attend-
ed Lunar New Year celebrations on
Jan 25, state media Korean Central
News Agency said.
North Korea has not confirmed
any cases of the virus, but state me-
dia said the government was ex-
tending to 30 days the quarantine
period for people showing symp-
toms, and all government institu-
tions and foreigners living in the
dress was rapid-response efforts to
counter the spread of the virus and
to shore up businesses.
That is what Singapore is likely
to deliver, with minister Lawrence
Wong, co-chair of the government’s
task force on the virus response, say-
ing in last Wednesday’s interview
that a “strong” economic package
is coming in the budget.
He did not specify an amount,
but economists at Citigroup Inc
estimated the total package could
reach S$700 million (RM2.08 billion)
and could include support beyond
the transport and tourism sectors.
That would dwarf the S$230 million
provided in response to the SARS
outbreak in 2003, Citi analysts Wei
Zheng Kit and Kai Wei Ang said in
last Tuesday’s research note.
With a possible early election
this year, the government may also
seek to target other industries with
support. — Bloomberg
country were expected to comply
“unconditionally”.
Late leader Jong-il’s birthday, Feb
16, is a national holiday celebrated
as the Day of the Shining Star.
Accompanying Jong-un to the
mausoleum were high ranking party
officials including Choe Ryong-hae,
president of the Presidium of the
Supreme People’s Assembly and
Pak Pong-ju, vice chairman of the
State Affairs Commission. — Reuters
W O R L D 19
New
Chinese
Covid-19
cases show
slight fall
BY E N G E N T H A M & S T E L L A Q IU
SHANGHAI: The number of
new cases of Covid-19 in Chi-
na fell slightly yesterday, more
than three weeks after the out-
break’s epicentre was locked
down, and a Chinese tourist
died from the virus in France,
the first fatality in Europe.
The virus, thought to have
emerged at a wildlife market in
the central Chinese province of
Hubei, has presented the ruling
Communist Party with the huge
challenge of halting its spread
while at the same time mini-
mising damage to the world’s
second-largest economy.
Beijing ’s latest figures
showed 68,500 cases of the
illness and 1,665 deaths, most
of them in Hubei.
The National Health Com-
mission yesterday reported
2,009 new cases, down from
2,641 the previous day, and
142 new deaths, just one lower
than the 143 the previous day.
All but four of the new deaths
were in Hubei.
The province and its capital,
Wuhan, have been virtually
sealed off and locked down
since Jan 23, with schools, of-
fices and factories shut and
most travel suspended.
The virus is believed to have
an incubation period of 14 days
which would appear to indicate
it has been spreading since the
lockdown was imposed.
Outside mainland China,
there have been about 500 cas-
es in some two dozen countries
and territories, with four deaths
— in Japan, Chinese-ruled
Hong Kong, the Philippines
and now France.
In the French case, an
80-year-old Chinese man died
at a Paris hospital of a lung in-
fection due to the flu-like virus,
authorities said on Saturday.
“We have to get our health
system ready to face a possi-
ble pandemic propagation of
the virus, and therefore the
spreading of the virus across
France,” said Health Minister
Agnes Buzyn.
Robin Thompson, an expert
in mathematical epidemiology
at Britain’s University of Ox-
ford, said that with nearly 50
cases in Europe, a death was
not surprising.
“The most important thing
to point out, however, is that
there still hasn’t been sustained
person-to-person transmission
in Europe,” he said.
World Health Organization
chief Tedros Adhanom Ghe-
breyesus said it was impossible
to tell where the epidemic will
spread. — Reuters
20 H O M E B U S I N E S S
1 2
3 4
WEEK IN FOCUS
1 Works Minister Baru Bian (centre) pre-
senting the certification of recognition to
MRCB-George Kent Sdn Bhd Light Rail
Transit Line 3 (LRT3) project director
Patrick Hwang Chee Leong (left) at a
ceremony in Klang, Selangor recently.
MRCB-George Kent, which is construct-
ing the LRT3, aims to complete more
than 40% of the project by end-2020.
2 Transport Minister Anthony Loke Siew
Fook (third from left) being briefed on
the passenger screening system at Port
Klang’s Boustead Cruise Centre on Feb
13 and also present was Boustead Cruise
Centre Sdn Bhd general manager Syed
Ja’affar Syed Mohamed (fifth from left).
3
Affin Bank Bhd group chief executive
officer Kamarul Ariffin Mohd Jamil
(third from left) receiving the certificate
of recognition from The Malaysia Book
of Records general manager Edward
Sin (second from left) at a ceremony in
Kuala Lumpur recently. Affin Bank has
set a record with The Malaysia Book of
Records for developing the “First SME
Community Development Mobile App”.
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
4 Bank Negara Malaysia governor Datuk
Nor Shamsiah Mohd Yunus (left) and
Department of Statistics Malaysia chief
statistician Datuk Seri Dr Mohd Uzir
Mahidin speaking at a press confer-
ence in Kuala Lumpur on Feb 12. Nor
Shamsiah said Malaysia has “that policy
space” for another rate cut to support
the economy even though the country’s
gross domestic product growth skidded
to a 10-year low. Photo by Patrick Goh
5 (From left) Malaysian Aviation Com-
mission (Mavcom) chief operating
SUPPORTING LOCAL
BUSINESSES ... (From
right) CIMB Group Holdings Bhd
group transaction banking chief
executive officer (CEO) Mohamed
Rafe Mohamed Haneef, group
commercial banking CEO Victor
Lee Meng Teck, Shopmatic chief
operating officer Lim Yen Ti, and
CEO/founder Anurag Avula at
CIMB-Shopmatic partnership launch
ceremony in Kuala Lumpur recently.
CIMB Bank, CIMB Islamic Bank, and
Shopmatic, a leading e-commerce
provider in Southeast Asia since
2014, have entered into a partnership
to help Malaysian small and medium
enterprises build and scale up their
businesses in the e-commerce space.
officer Azmir Zain, executive chair-
man Dr Nungsari Ahmad Radhi, and
director of economics Dr Wan Khati-
na Nawawi speaking at a press con-
ference in Kuala Lumpur on Feb 11.
Mavcom expressed its support for the
abolishment of golden shares held by
the government in the aviation sector
to establish a fair and competitive com-
mercial environment for the industry.
Photo by Chu Juck Seng
6 (From left) Payments Network Ma-
laysia Sdn Bhd (PayNet) group chief
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
H O M E B U S I N E S S 21

5 6

7 8

9 10

executive officer (CEO) Peter Schiess-

er, Public Bank Bhd deputy CEO Datuk
Chang Kat Kiam, CEO Tan Sri Tay Ah
7 Shopee regional managing director
Lek, Malaysia Airlines Bhd group CEO
Captain Izham Ismail, and group chief
marketing and customer experience of-
ficer Lau Yin May at a ceremony to an-
nounce a partnership between Public
Bank and Malaysia Airlines in Kelana
Jaya, Selangor recently. Public Bank and
Malaysia Airlines entered into a collab-
oration to accept payments for online
ticket purchases using FPX, which is
operated by PayNet.
8 (From left) Gibraltar BSN Life Bhd chief
Ian Ho (left) and Payments Network
Malaysia Sdn Bhd (PayNet) group chief
executive officer Peter Schiesser at a
ceremony in Kuala Lumpur recently
to announce a landmark collaboration
that makes ShopeePay the first e-wal-
let of an e-commerce platform to join
the DuitNow ecosystem that PayNet
operates.
marketing officer Susan Ong, president
and chief executive officer Rangam Bir,
and chief sales officer Daniel Toh taking
part in a ribbon-cutting ceremony to
open the company’s first agency sales
standard, and become a participant
in the DuitNow ecosystem, operated
by PayNet.
hub in Johor Baru, Johor recently.
9 TNG Digital Sdn Bhd chief executive
officer (CEO) Ignatius Ong (right) and
10 AIA General Bhd chief executive of-
ficer Eric Chang (left) at the official
launch of the company’s first flagship
Payments Network Malaysia Sdn Bhd product, AIA Family Drive, in Kuala
(PayNet) group CEO Peter Schiesser Lumpur on Feb 10. AIA Family Drive
at a ceremony to announce a partner- is a car insurance plan that offers all-
ship between Touch ’n Go eWallet and round, on-the-road protection as well as
DuitNow QR in Kuala Lumpur recent-
ly. Touch ’n Go eWallet will adopt the
DuitNow QR, Malaysia’s national QR
convenience and savings for Malaysian
drivers and their families, according to
a statement from AIA General.
22
live it!
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY

WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE

Personal THE DIESEL JEEP

ASSISTANT
CO M PI L ED BY L A KSHM I SEKHAR
WRANGLER UNLIMITED
WORK. LIFE. BALANCE
TAKES OFF-ROAD GLORY TO THE CITY

GET your creative juices flowing by visiting

Ahmad Fuad Osman’s lastest exhibition At
the End of the Day Even Art Is Not Important
at the National Gallery. Exploring art and
retelling the idea that it is not an object but
a tool that can be used to discuss important
topics in the world, Ahmad Fuad’s works step
out of the world of the ordinary. Redefine
how you see art and how it can be the key to
change and discussion. Showing until Feb 28
from 10am to 6pm. Admission is free. Gallery
2A, National Art Gallery, No 2, Jalan Temer-
loh, off Jalan Tun Razak, Kuala Lumpur. For
more information visit their Facebook page
@NationalArtGalleryMalaysia.

Jeep’s historic rig now comes with a

diesel option available in the US for the
first time ever

01

BY H ANNAH E LLI OTT help people escape slavery under the evil behind the wheel, capable of seeing well

CINNAMON Coffee House is having an interna-
tional buffet spread that will see to your every
craving. There are Korean oysters available from
7.30pm to 9pm, so diners can indulge in smoked
oyster, spinach ragout with cream and oyster,
nasi lemak with oyster sambal, pan-grilled
oyster with garlic butter, and oyster karaage
with steamed Chinese bun. At other times the
menu includes wok-fried tiger prawns with
the chef’s special sauce, grilled lamb shoulder
with mushroom ragout, daging semur aceh,
and much more. Those with a sweet tooth can
try the mouth-watering desserts such as the
rainbow cake, strawberry roulade, fruit jelly,
caramel pudding and more. This International
Love buffet is RM140 per adult and RM70 per
child. For reservations call (03) 7681 1157 or
email to cinnamon@oneworldhotel.com.my
T
here was a moment last week
when I felt I should probably
shave my head.
Behind the wheel of the
2020 Jeep Wrangler Unlimit-
ed, I had just stomped on the
gas, loudly barrelling over the Brooklyn
Bridge amid motorcycles and cars, and
had never felt more like Furiosa from Mad
Max: Fury Road.
Charlize Theron is unforgettable as
the closely shorn heroine who drives a
massive “War Rig” truck in the movie to
Immortan Joe. But it was the truck that got
me thinking. The steaming, belching, bel-
lowing War Rig, while decidedly gnarlier
than the latest Wrangler to hit dealerships,
might still be accurately approximated by
the Jeep in less apocalyptic environments.
As I stomped through city streets in one,
I thought maybe shaving my head would
make it feel even more powerful and fun.
After all, the new Jeep sits very high
above the ground (10 inches [25.4cm] of
ground clearance, and you will need that
sidestep to get in). It feels worlds above
everything else in traffic. I felt like a giant
ahead down the road unobstructed, eyes
level with only the tallest competitors,
mostly UPS trucks and school buses.
It contains myriad rugged spaces and
built-in containers to hold tools, weapons,
and safety gear — you know, the typical
things you need for freeing prisoners at
the end of the world.
And for the first time, the Wrangler
runs on diesel, thanks to a 3.0 V6 Turbo
Diesel engine that whistles and clatters
as the turbo spools up and driving the
monster to bear down on anything in its
path. As with the War Rig, that efficiency

BEFORE you start

watching the new
Netflix series, try
reading the original
book of The Ghost
Bride. Written by
Yangsze Choo, this
novel tells of Li Lan’s
story, one filled with
intrigue. She agrees
to become the ghost
bride for a wealthy
family’s son who re-
cently died under mysterious circumstances.
In doing so she discovers the parellel world
of the Chinese afterlife, in search for truth.
Read this bestseller for RM46.90, available
at malaysia.kinokuniya.com.
02 03

MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
04
means it can go longer distances than
most without refuelling.
All the better in worse road conditions.
A history of diesel
This is not the first time Jeep has put die-
sel technology into vehicles. In the 1960s,
for example, the CJ-5 offered a four-cylin-
der diesel with 62 horsepower (hp) and
65kg-foot of torque. In the mid-1980s,
the Jeep Cherokee XJ and Comanche
MJ came with diesel options. Jeep put
diesel engines in its Grand Cherokee in
2014 in North America and continues to
offer them here today. (Europe received
those Grand Cherokee diesel engines
earlier, in the early 2000s).
But this engine with 260hp and 200.5kg-
foot of torque is the first Wrangler diesel to
be sold in the US. Borrowed straight from
the production line that makes the 2020
Ram 1500 engines, it comes at a time when
American consumers could be forgiven for
feeling conflicted by the prospect: Witness
the Volkswagen scandal that saw executives
cheating at diesel emission tests as other
automakers decide to skip diesel altogeth-
er in favour of electric batteries to lessen
dependence on traditional gasoline. Still,
Cadillac is announcing a first-time diesel
engine for its Escalade.
These are confusing times.
The diesel is a good fit for this Wrangler,
helping it achieve 9.3km per litre in the
city and 12.3km per litre on the highway,
compared with the standard 7.2km per
litre and 10.6km per litre respectively. It
also matches the sturdy, industrial feel-
live it! 23
WELLBEING . THE ARTS . WINE+DINE . STYLE+DESIGN . LEISURE
PHOTOS BY BLOOMBERG
05
01. LED headlights, LED fog lamps, and LED
reflector headlights put an imposing face on the
new Jeep Wrangler. They are optional,
at US$1,045 for the set.
02. American fashion designer Ralph Lauren (right) and
his wife, therapist Ricky Lauren, driving in a Jeep on
the beach with children David, Andrew, and Dylan in
East Hampton, New York, in November 1977.
03. Such standard offerings as electronic stability
control and electronic roll mitigation make the Jeep
Wrangler Unlimited Sahara smoother to drive than
its predecessors.
06
04. Heavy-duty suspension with gas shocks and skid
plates and shields to protect the fuel tank and
underbody all come standard. The ‘Hellayella’
clear-coat exterior-interior black is a free option;
the soft top costs an additional US$595.
05. The interior of the Jeep is rugged and utilitarian,
but not Spartan.
06. The four-door Jeep Wrangler is capable off-road
but comfortable on pavement too.
07. The 2020 Jeep Wrangler Unlimited Sahara is
available now.
ing of the heavy duty brakes; skid plates; 33-
inch, all-terrain tyres; boosted suspension
and shocks; and four-wheel-drive off-road
systems. It completes the total lumbering
menace feel that we all crave from a truck
like this to feed the Furiosa within.
It comes at a price. While the base cost of 07
the 2020 Jeep Wrangler Unlimited Sahara
4x4 I drove is US$38,645 (RM159,990), the
diesel engine costs an additional US$4,000, Wranglers have always looked cool, driven And it drives with light steering, grab-
and there is a required eight-speed automaticby icons of masculine Americana, from Steve by brakes, impeccable contact with
transmission (US$2,000). If you are like me, McQueen to Ralph Lauren. And they have the road, and superb sight lines. I felt
you will see few diesel pumps in your neigh- always done well off-road. But they have not I could see all the way around me, with
bourhood. There is one on the island of Man- always been great as errand ferries. The first big, owl eyes and a carnivore’s appetite
hattan. For the right to call yourself a diesel
time I ever got into a Wrangler — as a college for action. Though it did have a soft top
head here, you will be paying six thousand kid who had lusted after one for years — I (US$595), it remained relatively quiet
more and slashing your access to fuel options.
was shocked at how disappointing it was. It and insulated. Traipsing around New
And, it should be mentioned, the final felt wobbly, unstable, spartan, thinly made, York for a week, using the Jeep to drive
price for the Wrangler I drove in “HellaYella”
loud, and drafty. to midtown each morning, visiting plant
paint costs a whopping US$53,425, after such The Wrangler Unlimited Sahara is not stores with it in Brooklyn, and exploring
extras as that diesel engine and light-emit- nearly as aggressive off-road as the hard- back alleys in Chinatown, I was eter-
ting diode (LED) lights and LED fog lamps core Rubicon variant. But it comes with nally grateful for these improvements.
and LED reflector headlights (US$1,045) are lots of modern comforts to soften it: leath- I think you will be, too.
added. It is quite a jump in price from what er-trimmed seats and interiors (US$1,495); Forget the off-road clarion call typical-
is supposed to be a utilitarian work vehicle.an 8.4-inch radio and touchscreen dis- ly associated with Jeeps — that is all well
play with Sirius; Wi-Fi; GPS Navigation; and good, and very amply covered — but
The Daily Jeep Bluetooth; and auto-dimming mirrors those who own Jeeps need their vehicles
But here is a way the Wrangler beats Fu- (US$1,695). Plenty of nice things such as to be just as comfortable getting to and
riosa’s War Rig, and we all benefit greatly remote keyless entry, dual-zone climate from those back trails as they are on the
from it: This is the best Wrangler for daily control, power windows, and backup cam- trail. Whether you shave your head for
driving, period. eras come standard. the journey is your call. — Bloomberg
2 4 S P O RT S
Success at LTdL 2020 shows
Malaysia riders are world class
Team Sapura Cycling is the first local team to win overall champions title
BY M A Z AN I MOHD Y U SOFF
LANGKAWI: The remarkable
achievements by some Malay-
sian riders who made the podium
and won jerseys at this year’s Le
Tour de Langkawi (LTdL), which
just ended, proved that locals
are capable of competing against
both World Tour and profession-
al teams in Asia’s premier cycling
event.
Team Sapura Cycling (TSC) rid-
er Muhamad Nur Aiman Mohd
Zariff broke the dominance of rid-
ers from the American and Euro-
pean continents when he won the
red jersey (King of the Mountain)
in this 25th edition of the race, thus
McIlroy, Scott,
Kuchar tied atop
impressive Riviera
leaderboard
BY A N D REW B OTH
CARY: Rory McIlroy (pic) made a deft
par save at the final hole to earn a
three-way tie for the lead with Adam
Scott and Matt Kuchar on Saturday
as the Genesis Open headed towards
a Hollywood finish in Tinseltown.
Despite missing several excel-
lent birdie opportunities, Northern
Irishman McIlroy carded three-un-
der-par 68 in magnificent winter
sunshine at Riviera in Los Angeles.
Australian Scott sank a breaking
10ft (3.05m) downhill birdie at the
last for 67, while American halfway
pacesetter Kuchar managed a 70.
The trio, with 39 official PGA
Tour victories among them, were
to start yesterday’s final round at
10-under 203, with four others with-
in two strokes on a tightly-bunched
leaderboard.
Americans Russell Henley and
Harold Varner III trailed by one,
while 2017 champion Dustin John-
son was two behind with Joel Dah-
men. — Reuters
REUTERS
creating his own history as the first
Malaysian to win the jersey since
the first edition in 1996.
The rider from Setiu, Tereng-
ganu was crowned King of the
Mountain in Kuah here and was
awarded RM1,000 cash.
Muhamad Nur Aiman’s victo-
ry saw him repeat the achieve-
ments of two national riders from
Terengganu — Anuar Manan who
won the green jersey (King of the
Sprint) in 2010 and Mohd Adiq
Husainie Othman who won the
white jersey — as the Best Asian
Rider in 2016.
TSC also became the first local
team to win the overall champions
title, breaking the dominance of
Mane (right) scoring Liverpool’s winning goal of the Premier League match against Norwich at Carrow Road in Norwich,
Britain on Saturday. Photo by Reuters
Mane cracks Norwich resistance
as Liverpool go 25 points clear
BY M ARTYN HER M AN
NORWICH: Liverpool’s Sadio
Mane marked his return from
injury with a late goal to break
Norwich City’s resistance and
secure a 1-0 win on Saturday to
extend his side’s Premier League
lead to 25 points.
On a windy evening, bottom
club Norwich were proving a
tough nut to crack for Juergen
Klopp’s team but Senegalese for-
ward Mane, who came on as a
substitute on the hour, pounced
to drill home a fine finish from in-
side the area in the 78th minute.
the World Tour and Continental
Professional teams who had won
the category since 1996.
Experienced national rider,
Mohd Harrif Saleh of Terengga-
nu Cycling Team also put on his
best performance by winning two
stages: stage five from Kuala Kubu
Baru to Ipoh and stage seven from
Bagan to Alor Setar.
The extraordinary achievement
saw Mohd Harrif, fondly known as
Mamat, create history with three
stage victories. He claimed his
first-ever win in the 2019 edition
in stage two from Dataran Sen-
awang to Melaka.
Mohd Harrif, when met by re-
porters after the LTdL ended last
It was his first appearance
since going off injured in Liv-
erpool’s win at Wolverhamp-
ton Wanderers on Jan 23 and he
marked it by claiming a 100th
goal in English football.
A battling Norwich had de-
fended resolutely and twice came
close to taking the lead, but Liv-
erpool’s relentless romp towards
a first English title for 30 years
continued.
Victory was their 34th in their
last 35 league games and their
17th in succession, one shy of
Manchester City’s record.
They have scored in 35 suc-
M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY
week, said that the success of the
local riders proved that they were
not merely “jaguh kampung” (vil-
lage champions).
He said, although Asian riders
were smaller built compared to
those from Europe and Oceania,
the perseverance and determina-
tion of the local riders in winning
in this edition proved that nothing
was impossible.
“We are on par with the World
Tour and Continental Profession-
als teams.
“Anuar Manan won [the green
jersey] in 2010, so I think it’s possi-
ble for others to follow in his foot-
steps,” said Mohd Harrif, who hails
from Kuala Terengganu. — Bernama
cessive Premier League games,
are unbeaten in their last 43, and
have conceded only once in their
last 11 league games.
Fifteen more points will guar-
antee them the title as they have
collected 76 points out of a pos-
sible 78, now 25 ahead of Man-
chester City, who have played a
game less.
“It was a difficult game for dif-
ferent reasons,” Klopp said. “The
wind, the organisation of the op-
ponent, and the way we played in
the first half made it tricky for us.
“Sadio was fresh and made the
difference.” — Reuters
Man Utd visit
is not about
revenge, says
Chelsea’s Kante
BY MA RT Y N H E R MA N
LONDON: N’Golo Kante has said
Chelsea’s home clash with Man-
chester United today is not about
avenging an opening-day ham-
mering at Old Trafford but keeping
their noses in front in the scrap for
a Premier League top-four finish.
Chelsea are still in fourth spot
but after only one win in their last
four league games, the gap over
the clubs beneath them has been
steadily eroded.
They are just two points above
fifth-placed Sheffield United while
Tottenham Hotspur can move with-
in a point of the Blues if they won
at Aston Villa over the weekend.
United are six points behind.
“Man United were a bit behind but
now they have closed the gap so it’s a
big opportunity either for us to keep
them behind or for them to close the
gap more,” midfielder Kante said.
“It’s an important game for both
teams. We all know that [playing]
Man United at home is a very dif-
ficult game, especially after what
happened in the first game but we
don’t look at this.
“We just look forward because
we want to keep the gap and so
that’s why we need to win, not to
get revenge.” — Reuters
Holder Monfils
to face
Auger-Aliassime
in Rotterdam final
BY S H R IVAT H S A S R ID H A R
BENGALURU: Defending cham-
pion Gael Monfils overcame Serb
Filip Krajinovic 6-4, 7-6(5) in the
Rotterdam Open semi-finals on
Saturday to set up a title clash with
Canadian teenager Felix Auger-Ali-
assime.
The third-seeded Frenchman,
looking to make it two trophies in as
many weeks following his triumph
in Montpellier, fired 14 aces and 35
winners to overcome Krajinovic.
Monfils squandered four match
points at 5-4 in the second set but
the 33-year-old held his nerve in
the tiebreak and looked to lift the
10th title of his career in the final.
Earlier, 19-year-old Auger-Alias-
sime stormed into his fourth ATP
final with a 7-6(2), 6-4 victory over
Spain’s Pablo Carreno Busta to keep
alive hopes of a maiden crown.
“The first set was really tight with
both of us serving well. I was serv-
ing the best I’ve ever served in that
first set and then played a solid tie-
break,” the Canadian said.
After edging the first set, Au-
ger-Aliassime got the decisive break
in the third game of the next set
and held serve at 4-3 to quell a
late comeback attempt by Carre-
no Busta.
The world No 21, who saved all
four break points that he faced,
closed out the match with his 16th
ace. — Reuters
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
Markets 2 5
BURSA MAL AYSIA MAIN MARKET

Bursa Malaysia YEAR

HIGH
YEAR
LOW
DAY
HIGH
DAY
LOW
CODE COUNTER CLOSING
(RM)
+/–
(RM)
VOL
(‘000)
VWAP*
(RM)
PE#
(X)
DY
(%)
MKT CAP
(MIL)
8.460 6.461 8.460 8.400 7084 QL 8.450 0.050 983.9 8.445 58.93 0.53 13,709.6
Sectorial Movement 0.420 0.260 0.300
0.238 0.165 0.205
0.280
0.200
9946
0037
REX
RGB
0.300
0.200
0.020
UNCH
18.5
7675.1
0.283
0.201
—
9.30
—
3.50
74.0
309.6
0.845 0.625 — — 5278 RHONEMA 0.680 — — — 14.26 4.41 124.2
INDICES CLOSE +/- %CHG INDICES CLOSE +/- %CHG 1.030 0.272 0.990 0.945 0183 SALUTE 0.960 -0.015 4976 0.968 — 2.50 372.5
FBM KLCI 1,544.46 5.30 0.34 CONSTRUCTION 212.54 1.37 0.65 0.400 0.225 0.275 0.275 5157 SAUDEE 0.275 UNCH 72.6 0.275 119.57 — 37.8
FBM ACE 5,619.81 5.65 0.10 CONSUMER PRODUCTS & SERVICES 635.22 1.72 0.27 0.640 0.586 0.635 0.625 9792 SEG 0.635 0.010 547.2 0.626 17.99 3.94 803.0
1.560 1.270 1.400 1.380 5250 SEM 1.400 0.020 159.2 1.388 29.05 1.71 1,726.7
FBM TOP 100 10,853.00 40.05 0.37 ENERGY 1,204.26 16.24 1.37 0.980 0.440 0.855 0.835 7180 SERNKOU 0.835 -0.025 33.5 0.844 12.58 — 212.7
FBM EMAS 11,066.08 42.19 0.38 FINANCIAL SERVICES 14,572.96 -3.50 -0.02 5.865 4.620 5.120 5.120 5517 SHANG 5.120 0.220 22 5.120 43.24 2.93 2,252.8
FBM MID 70 14,071.02 63.53 0.45 HEALTH CARE 1,388.92 4.99 0.36 0.550 0.415 — — 7412 SHH 0.450 — — — — — 22.5
0.552 0.337 0.400 0.395 7246 SIGN 0.400 UNCH 97.8 0.398 — 2.50 96.1
FBM MIDS CAP 15,395.25 74.43 0.49 INDUSTRIAL PRODUCTS & SERVICES 146.71 0.40 0.27 2.370 1.961 2.220 2.180 4197 SIME 2.200 -0.020 4967 2.200 15.37 4.09 14,963.2
FBM SMALL CAP 14,057.33 85.67 0.61 PLANTATION 7,335.11 43.96 0.60 0.405 0.085 0.140 0.140 8532 SINOTOP 0.140 UNCH 2.7 0.140 116.67 — 55.3
FBM FLEDGLING 14,846.07 -7.50 -0.05 PROPERTY 773.99 -1.09 -0.14 0.250 0.130 0.135 0.135 9776 SMCAP 0.135 -0.005 10 0.135 — — 28.9
0.360 0.200 0.320 0.300 7943 SNC 0.310 -0.010 10.5 0.304 — — 20.5
FTSE4GOOD BURSA M’SIA 861.65 2.61 0.30 REAL ESTATE INVESTMENT TRUSTS 980.10 5.99 0.61 0.375 0.200 0.260 0.255 5242 SOLID 0.260 -0.005 139 0.260 60.47 — 102.3
FBM PALM OIL PLANTATION MYR 15,561.02 214.72 1.40 TECHNOLOGY 41.37 UNCH UNCH 2.400 2.000 2.200 2.150 7103 SPRITZER 2.170 -0.030 12 2.160 16.18 1.61 455.7
FBM EMAS SHARIAH 11,899.03 71.75 0.61 TELECOMMUNICATION & MEDIA 671.72 6.44 0.97 0.775 0.500 0.580 0.545 7186 SWSCAP 0.550 UNCH 25 0.561 — — 100.3
0.235 0.140 0.165 0.160 7082 SYF 0.165 UNCH 357.5 0.164 — 7.58 102.2
FBM HIJRAH SHARIAH 13,158.52 84.77 0.65 TRANSPORTATION & LOGISTICS 736.18 1.58 0.22
0.365 0.240 — — 7211 TAFI 0.340 — — — — — 27.2
FBM MIDS CAP SHARIAH 14,704.50 68.80 0.47 UTILITIES 973.67 -0.56 -0.06 1.702 1.270 — — 4405 TCHONG 1.340 — — — 8.65 2.99 900.5
1.550 0.775 — — 7439 TECGUAN 1.250 — — — 4.54 — 50.1
0.340 0.210 0.245 0.235 7200 TEKSENG 0.240 0.005 229.7 0.238 — — 86.6

Bursa Malaysia Main Market 1.399 0.978 1.140

1.386 0.890
0.600 0.405 0.520
—
1.110
—
0.510
7252
9369
7230
TEOSENG
TGL
TOMEI
1.140
1.200
0.515
-0.010
—
0.005
1200.5

232.9
—
1.121
—
0.513
5.47
7.65
6.92
5.48
4.17
1.94
342.0
48.9
71.4
0.460 0.285 0.315 0.315 7176 TPC 0.315 0.015 10 0.315 4.47 — 73.6
YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP 5.931 3.800 4.130 4.050 4588 UMW 4.050 -0.050 166.7 4.059 16.94 1.85 4,731.6
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) 2.300 1.987 2.220 2.220 7757 UPA 2.220 0.070 1 2.220 14.55 3.60 176.7
CONSUMER PRODUCTS & SERVICES 0.970 0.740 0.790 0.740 7240 VERTICE 0.755 -0.020 282.4 0.767 1510 — 142.5
0.959 0.705 0.775 0.745 0012 3A 0.775 0.015 29.5 0.751 11.58 2.58 381.3 1.195 0.875 — — 7203 WANGZNG 0.955 — — — 14.00 4.19 152.8
0.295 0.110 0.125 0.120 5238 AAX 0.125 0.005 2109.3 0.124 — — 518.5 2.268 1.690 — — 5016 WARISAN 1.690 — — — — 2.37 113.6
0.470 0.315 0.340 0.330 7120 ACOSTEC 0.340 -0.010 181 0.334 — — 66.1 0.175 0.070 0.160 0.150 5156 XDL 0.155 -0.005 22277 0.156 17.61 — 279.8
1.830 1.310 1.370 1.330 6599 AEON 1.350 0.010 2475.4 1.348 16.79 2.96 1,895.4 0.730 0.320 0.535 0.530 7121 XIANLNG 0.530 -0.005 270 0.534 — — 42.4
0.185 0.080 0.095 0.090 7315 AHB 0.095 0.005 404.5 0.093 — — 16.7 2.340 1.799 — — 5584 YEELEE 2.140 — — — 15.33 1.87 410.0
2.157 1.120 1.230 1.170 5099 AIRASIA 1.200 0.030 47943.9 1.203 — 20.00 4,010.4 1.176 0.895 0.920 0.920 5159 YOCB 0.920 0.010 2 0.920 7.14 5.43 147.2
18.485 13.920 14.260 14.260 2658 AJI 14.260 0.020 3 14.260 14.71 3.30 867.0 1.648 1.269 1.550 1.490 5131 ZHULIAN 1.520 0.030 193.1 1.534 14.11 5.26 699.2
6.144 5.440 5.600 5.580 6351 AMWAY 5.600 UNCH 3.1 5.587 14.93 3.57 920.6 INDUSTRIAL PRODUCTS & SERVICES
0.025 0.005 — — 5194 APFT 0.005 — — — 0.14 — 6.7 0.095 0.060 — — 7086 ABLEGRP 0.075 — — — — — 19.8
3.889 3.520 — — 6432 APOLLO 3.580 — — — 19.66 5.59 286.4 2.400 1.740 2.270 2.270 9148 ADVPKG 2.270 0.020 2 2.270 — 2.64 46.5
0.175 0.120 0.145 0.140 1481 ASB 0.140 UNCH 2186.8 0.140 — 1.79 130.1 0.130 0.080 — — 7146 AEM 0.095 — — — — — 31.3
0.570 0.350 — — 7722 ASIABRN 0.500 — — — 10.82 — 116.3 0.710 0.405 — — 5198 AFUJIYA 0.440 — — — 20.75 — 79.2
2.505 2.000 2.010 2.000 7129 ASIAFLE 2.010 0.010 9 2.003 9.59 6.97 391.5 0.330 0.215 0.235 0.235 2682 AISB 0.235 -0.005 4.5 0.235 — — 33.9
4.683 3.825 4.040 4.040 7048 ATLAN 4.040 0.010 1 4.040 41.27 4.95 1,024.7 0.575 0.395 0.430 0.430 7609 AJIYA 0.430 UNCH 19 0.430 22.99 — 131.0
0.260 0.115 0.140 0.135 8885 AVI 0.135 -0.005 1480.8 0.140 — — 127.5 0.575 0.400 0.425 0.420 2674 ALCOM 0.420 UNCH 37.7 0.422 15.16 — 56.4
35.729 10.220 11.860 11.320 4162 BAT 11.800 0.200 3641.9 11.545 9.25 11.19 3,369.3 1.200 0.920 — — 7083 ANALABS 1.150 — — — 24.52 2.61 138.1
2.688 1.740 1.920 1.890 5248 BAUTO 1.890 -0.030 7586.4 1.899 10.58 7.41 2,199.1 0.720 0.440 0.665 0.650 4758 ANCOM 0.660 UNCH 200.3 0.658 27.39 — 159.0
1.786 1.180 1.250 1.180 5196 BJFOOD 1.240 0.060 1949.4 1.210 25.10 3.23 473.9 1.814 0.950 1.270 1.170 6556 ANNJOO 1.270 0.060 1391.1 1.230 — 9.45 711.1
0.300 0.150 0.175 0.170 4219 BJLAND 0.175 UNCH 184.1 0.171 12.07 — 875.1 0.050 0.015 0.025 0.020 9342 ANZO 0.020 UNCH 50.1 0.025 — — 17.6
2.738 2.124 2.640 2.570 1562 BJTOTO 2.640 0.050 700.5 2.607 17.10 6.06 3,566.7 0.790 0.355 — — 5568 APB 0.460 — — — — — 51.9
1.413 0.860 0.885 0.875 9288 BONIA 0.880 UNCH 8.7 0.878 8.05 2.27 177.4 3.055 1.950 2.200 2.190 5015 APM 2.200 UNCH 205.7 2.199 11.31 5.45 443.5
0.390 0.055 0.250 0.240 9474 BRAHIMS 0.245 0.005 624.5 0.240 — — 57.9 0.565 0.453 0.490 0.490 7214 ARANK 0.490 UNCH 5 0.490 6.94 5.10 83.3
0.674 0.345 0.375 0.370 7174 CAB 0.370 -0.005 136.6 0.370 19.47 0.68 253.8 0.605 0.225 0.290 0.275 7181 ARBB 0.280 UNCH 7242 0.282 1.47 — 81.9
0.595 0.320 0.420 0.405 7154 CAELY 0.410 -0.010 63.2 0.407 — 1.22 67.4 0.730 0.630 0.730 0.720 7162 ASTINO 0.730 UNCH 116.4 0.723 8.08 1.37 200.1
0.305 0.200 0.250 0.230 7128 CAMRES 0.245 -0.035 84.5 0.242 20.42 — 48.2 1.850 1.301 1.590 1.540 8176 ATAIMS 1.540 -0.030 51.5 1.552 16.38 2.14 1,854.7
2.590 1.763 2.570 2.560 5245 CARING 2.570 UNCH 29.6 2.566 27.90 2.33 559.5 0.750 0.375 — — 7099 ATTA 0.445 — — — 32.01 — 94.9
37.180 19.822 36.860 35.840 2836 CARLSBG 36.000 0.340 1591.5 36.540 38.02 2.60 11,006.9 0.792 0.515 0.555 0.545 7579 AWC 0.550 UNCH 552.6 0.548 7.24 2.73 164.3
2.140 1.200 1.580 1.540 2925 CCB 1.550 -0.020 266.6 1.563 — — 156.2 0.363 0.250 0.265 0.255 5021 AYS 0.265 UNCH 51.6 0.259 — 7.55 100.8
0.672 0.470 0.525 0.510 7035 CCK 0.525 0.020 1173.6 0.515 12.77 2.38 331.1 0.515 0.280 0.355 0.330 7005 BIG 0.340 0.015 20.3 0.355 13.39 — 16.4
0.370 0.260 — — 7209 CHEETAH 0.300 — — — 38.96 1.33 38.3 0.150 0.105 0.115 0.115 6998 BINTAI 0.115 0.005 54 0.115 4.23 — 33.3
1.521 1.143 — — 2828 CIHLDG 1.210 — — — 8.83 6.61 196.0 0.285 0.225 0.240 0.235 3395 BJCORP 0.240 UNCH 849 0.238 — — 1,251.6
0.095 0.055 0.075 0.070 5104 CNI 0.070 -0.005 889 0.071 — 4.29 50.4 0.766 0.504 0.595 0.590 0168 BOILERM 0.590 UNCH 49 0.591 11.01 3.39 304.4
0.065 0.025 — — 5188 CNOUHUA 0.030 — — — — — 20.0 0.050 0.040 0.045 0.040 7036 BORNOIL 0.045 0.005 1058.7 0.044 — — 240.3
2.114 1.714 1.900 1.900 7205 COCOLND 1.900 UNCH 7 1.900 13.09 6.05 434.7 1.350 1.050 — — 6297 BOXPAK 1.150 — — — — — 138.1
1.079 0.920 0.925 0.920 7202 CSCENIC 0.925 0.005 22.4 0.922 15.26 7.57 111.5 1.107 0.937 1.050 1.030 5100 BPPLAS 1.030 UNCH 18 1.041 9.12 5.83 193.3
0.491 0.350 0.360 0.360 9423 CWG 0.360 UNCH 68 0.360 13.90 4.17 45.5 0.560 0.160 0.270 0.260 9938 BRIGHT 0.260 -0.010 3603.7 0.263 32.50 — 53.4
0.035 0.025 0.035 0.030 7179 DBE 0.035 UNCH 5121 0.034 — — 93.7 0.445 0.260 — — 7221 BSLCORP 0.280 — — — — — 27.4
1.130 0.760 — — 7119 DEGEM 1.080 — — — 52.94 0.93 144.7 1.560 0.805 0.865 0.830 2771 BSTEAD 0.855 0.025 1294.6 0.847 — 5.85 1,733.1
2.765 2.187 2.590 2.590 5908 DKSH 2.590 -0.030 3.3 2.590 12.64 3.86 408.3 0.230 0.085 0.155 0.140 7188 BTM 0.155 0.005 113.6 0.145 — — 21.9
63.855 40.000 41.540 40.500 3026 DLADY 41.500 1.000 5.2 41.375 24.90 2.41 2,656.0 3.941 2.519 2.920 2.900 5105 CANONE 2.910 -0.010 15.3 2.904 4.49 1.37 559.2
2.962 1.659 2.310 2.250 1619 DRBHCOM 2.280 0.020 1011.7 2.286 15.35 1.32 4,407.8 0.015 0.010 — — 5229 CAP 0.010 — — — — — 13.6
0.125 0.075 — — 2097 EASTLND 0.085 — — — — — 27.6 1.250 0.778 0.940 0.935 7076 CBIP 0.940 UNCH 37.4 0.938 46.77 3.19 506.0
0.634 0.498 — — 5081 EIG 0.510 — — — 15.89 5.88 121.0 2.120 1.190 1.210 1.200 2879 CCM 1.200 -0.010 234 1.204 9.34 4.17 201.2
0.070 0.035 0.060 0.050 7182 EKA 0.060 0.010 45.8 0.058 — — 18.7 0.845 0.400 — — 8435 CEPCO 0.670 — — — — — 50.0
0.250 0.150 0.205 0.205 9091 EMICO 0.205 -0.005 271 0.205 13.14 — 21.6 1.350 1.100 — — 8044 CFM 1.100 — — — — — 45.1
1.120 0.797 — — 7149 ENGKAH 1.030 — — — 67.76 5.83 72.9 0.600 0.360 — — 8052 CGB 0.440 — — — — — 39.6
0.235 0.080 0.215 0.200 7208 EURO 0.210 0.010 8615.6 0.206 — — 56.1 0.920 0.555 0.595 0.580 5273 CHINHIN 0.595 0.005 984.8 0.589 13.05 4.20 331.1
0.480 0.320 — — 7094 EUROSP 0.435 — — — — — 19.3 1.884 1.340 1.410 1.380 5007 CHINWEL 1.400 0.030 93 1.392 8.87 5.61 419.3
36.213 31.569 34.380 33.300 3689 F&N 33.500 -0.900 60.7 33.590 29.55 1.79 12,287.1 1.652 1.150 1.230 1.220 5797 CHOOBEE 1.230 0.010 17.8 1.220 68.33 4.07 162.0
0.959 0.600 — — 2755 FCW 0.600 — — — 17.39 16.67 150.0 0.500 0.300 — — 7016 CHUAN 0.375 — — — 9.49 2.93 63.3
0.540 0.455 0.540 0.505 6939 FIAMMA 0.505 -0.005 3.1 0.506 9.08 3.96 257.6 0.045 0.025 0.030 0.030 7018 CME 0.030 UNCH 50 0.030 — — 17.5
0.509 0.260 0.275 0.275 8605 FIHB 0.275 UNCH 32 0.275 4.09 — 30.0 3.824 2.090 2.240 2.170 2852 CMSB 2.190 0.030 2518.4 2.208 11.27 3.38 2,352.9
1.955 1.480 1.650 1.620 9172 FPI 1.640 0.010 497.8 1.636 10.42 6.10 405.7 0.500 0.350 — — 7986 CNASIA 0.410 — — — 33.61 — 20.5
3.720 0.710 2.900 2.700 7184 G3 2.790 0.050 64.5 2.766 — — 1,305.8 0.310 0.045 0.150 0.135 7195 COMCORP 0.150 0.010 627.4 0.138 — — 21.0
3.260 2.192 3.100 3.060 5102 GCB 3.070 UNCH 698.3 3.074 12.30 0.81 3,096.2 1.020 0.741 0.890 0.870 2127 COMFORT 0.880 UNCH 3956.7 0.879 15.36 1.70 513.0
0.500 0.410 — — 5592 GCE 0.410 — — — — — 80.8 0.030 0.015 0.020 0.015 5037 COMPUGT 0.020 UNCH 1195 0.017 — — 49.5
3.925 2.920 3.030 2.990 4715 GENM 3.020 0.020 7195.5 3.010 9.40 3.64 17,932.9 1.190 0.990 1.060 1.040 5094 CSCSTEL 1.040 -0.010 312.2 1.045 14.96 3.85 395.2
7.385 5.300 5.460 5.370 3182 GENTING 5.460 0.070 3285.7 5.421 9.91 2.29 21,167.9 0.552 0.295 — — 7157 CYL 0.350 — — — 28.00 7.14 35.0
0.415 0.100 0.130 0.125 5079 GETS 0.130 0.005 7 0.127 — — 16.4 0.380 0.230 — — 5082 CYMAO 0.230 — — — — — 17.3
0.165 0.110 0.135 0.125 0136 GREENYB 0.135 0.005 32.1 0.125 11.95 1.19 45.1 1.726 1.250 1.370 1.360 5184 CYPARK 1.370 -0.010 1069.5 1.370 6.66 2.85 640.4
2.788 1.940 2.020 2.010 7668 HAIO 2.020 0.010 88.2 2.015 15.35 5.94 606.6 2.400 1.550 2.300 2.250 8125 DAIBOCI 2.300 0.040 159.4 2.293 48.42 1.46 754.2
3.920 3.512 — — 5008 HARISON 3.800 — — — 11.53 5.26 260.3 0.655 0.460 0.485 0.470 5276 DANCO 0.480 UNCH 187.4 0.479 9.23 3.65 145.9
0.155 0.060 0.065 0.065 5187 HBGLOB 0.065 UNCH 765.8 0.065 2.01 — 30.4 0.355 0.180 0.200 0.195 7212 DESTINI 0.200 UNCH 1071.5 0.198 68.97 — 246.0
29.780 20.000 29.760 29.100 3255 HEIM 29.480 0.080 145 29.530 27.68 3.26 8,905.8 0.660 0.260 0.295 0.290 7114 DNONCE 0.295 UNCH 62.5 0.293 — — 77.4
11.401 8.850 9.740 9.660 3301 HLIND 9.680 -0.040 129.5 9.678 9.48 5.11 3,174.1 0.280 0.080 0.100 0.100 5835 DOLMITE 0.100 UNCH 90 0.100 — — 31.3
0.738 0.537 0.635 0.630 5160 HOMERIZ 0.630 -0.005 49.5 0.635 7.54 4.76 189.0 0.180 0.075 0.125 0.105 5265 DOLPHIN 0.105 -0.020 33078 0.113 15.00 — 25.6
0.995 0.852 0.915 0.910 5024 HUPSENG 0.915 0.005 58.6 0.914 17.50 6.56 732.0 1.300 1.153 — — 7169 DOMINAN 1.270 — — — 10.75 4.72 209.9
0.350 0.235 0.260 0.260 8478 HWATAI 0.260 -0.005 5 0.260 — — 19.5 4.700 1.823 4.600 4.480 7233 DUFU 4.550 0.020 365.2 4.557 26.88 0.79 1,197.6
0.490 0.280 0.295 0.290 9113 ICONIC 0.290 UNCH 227 0.290 — — 93.9 2.000 0.335 0.385 0.370 7165 DWL 0.370 -0.015 59 0.373 — — 86.2
0.800 0.125 0.145 0.125 7243 IMPIANA 0.140 -0.005 37422.7 0.134 — — 93.1 0.105 0.060 0.070 0.060 5178 DYNACIA 0.065 UNCH 1383.7 0.065 — — 34.9
1.270 0.640 0.650 0.645 5107 IQGROUP 0.650 -0.010 65.5 0.647 — — 57.2 3.459 2.450 2.580 2.500 1368 EDGENTA 2.580 0.080 31.7 2.512 14.09 5.43 2,145.6
0.075 0.030 0.060 0.055 7223 JADI 0.055 -0.005 105 0.055 23.91 — 57.0 0.260 0.135 — — 0064 EFFICEN 0.145 — — — — — 102.8
1.150 0.739 1.020 1.010 7152 JAYCORP 1.020 UNCH 6.1 1.013 7.43 9.80 140.0 0.510 0.340 0.385 0.350 8907 EG 0.385 0.030 2086.5 0.370 9.00 — 105.9
0.420 0.310 — — 8931 JERASIA 0.355 — — — 13.20 2.82 29.1 1.565 1.252 1.490 1.490 5208 EITA 1.490 0.040 2 1.490 9.30 4.03 193.7
1.890 1.147 1.800 1.770 7167 JOHOTIN 1.800 0.010 310 1.778 11.58 3.89 558.8 0.850 0.680 — — 9016 EKSONS 0.720 — — — — 6.94 118.2
0.380 0.245 0.380 0.305 8672 KAMDAR 0.380 0.100 7 0.354 86.36 — 75.2 0.530 0.285 0.375 0.360 7217 EMETALL 0.365 0.005 346.7 0.373 — — 68.7
0.651 0.377 0.470 0.470 5247 KAREX 0.470 UNCH 575.9 0.470 1175 2.13 471.1 0.897 0.560 0.780 0.745 5056 ENGTEX 0.780 0.030 893.5 0.764 — 0.96 345.8
1.818 1.180 1.290 1.280 7216 KAWAN 1.290 -0.010 22.5 1.288 36.75 1.94 463.8 0.420 0.310 — — 7773 EPMB 0.370 — — — — — 61.4
0.656 0.165 0.445 0.425 6203 KHEESAN 0.430 0.010 12844.8 0.436 — 2.33 49.2 0.410 0.230 0.260 0.240 5101 EVERGRN 0.260 0.015 2095.4 0.247 — 1.85 220.1
1.750 1.380 — — 7062 KHIND 1.560 — — — 53.24 — 62.5 1.440 1.122 1.370 1.370 2984 FACBIND 1.370 UNCH 3 1.370 96.48 0.73 116.7
2.970 0.295 2.970 2.800 7130 KPOWER 2.950 0.180 4822.1 2.921 156.91 — 224.6 3.020 2.367 2.750 2.700 7229 FAVCO 2.750 0.060 12.7 2.711 8.11 4.91 615.8
0.120 0.055 0.080 0.070 5172 KSTAR 0.080 0.015 12409.8 0.079 — — 35.3 0.486 0.300 — — 0149 FIBON 0.315 — — — 12.75 2.29 30.9
0.195 0.060 0.080 0.075 4847 KTB 0.080 UNCH 60.5 0.075 — — 32.2 1.834 1.663 — — 3107 FIMACOR 1.700 — — — 13.11 7.35 416.9
0.630 0.410 0.440 0.435 1643 LANDMRK 0.435 -0.005 32 0.435 — — 230.1 0.560 0.325 0.360 0.350 9318 FITTERS 0.360 0.005 507 0.357 11.65 — 173.0
4.009 2.673 2.750 2.680 7006 LATITUD 2.700 0.010 8.6 2.697 20.42 2.22 262.5 1.810 0.985 1.030 1.020 5197 FLBHD 1.030 -0.020 23 1.023 31.60 14.08 110.1
0.530 0.320 0.405 0.400 9385 LAYHONG 0.405 0.005 733.7 0.404 12.74 1.23 267.4 0.950 0.280 0.940 0.915 5277 FPGROUP 0.920 -0.010 7759 0.925 35.52 1.30 498.8
0.983 0.550 0.600 0.580 8079 LEESK 0.600 0.005 35 0.589 11.41 4.17 100.7 0.780 0.415 0.450 0.420 7197 GESHEN 0.420 -0.030 35 0.447 — — 33.6
1.161 0.702 0.780 0.765 6633 LHI 0.765 -0.015 837.6 0.770 15.84 — 2,792.3 0.515 0.335 0.365 0.360 5220 GLOTEC 0.360 -0.005 78.7 0.361 — — 96.9
3.248 2.444 2.920 2.900 7089 LIIHEN 2.910 -0.010 84.9 2.913 6.70 5.50 523.8 0.245 0.145 0.175 0.175 7192 GOODWAY 0.175 -0.005 90.1 0.175 — — 25.5
0.620 0.010 — — 7126 LONBISC 0.020 — — — — — 5.8 0.145 0.085 0.095 0.085 7096 GPA 0.090 UNCH 140.2 0.090 900 — 88.2
0.143 0.100 0.140 0.135 8303 LOTUS 0.140 0.005 1553.3 0.140 — — 96.6 0.305 0.170 0.205 0.205 5649 GPHAROS 0.205 -0.005 20 0.205 — 6.20 28.0
1.378 0.968 — — 7085 LTKM 1.350 — — — 7.58 1.48 175.6 0.535 0.400 0.495 0.455 3247 GUH 0.455 -0.005 9.4 0.491 43.75 — 126.4
2.708 2.330 2.550 2.500 7087 MAGNI 2.540 0.040 157 2.515 9.35 3.94 1,102.2 10.080 9.250 9.520 9.440 3034 HAPSENG 9.440 -0.070 48.7 9.461 36.88 3.71 23,502.6
2.836 1.994 2.570 2.550 3859 MAGNUM 2.560 0.010 280.5 2.559 14.27 6.64 3,680.6 0.686 0.420 0.465 0.435 5095 HEVEA 0.460 0.025 1769.6 0.453 18.93 10.00 259.9
0.135 0.105 0.110 0.110 3514 MARCO 0.110 UNCH 70 0.110 8.21 2.73 116.0 0.990 0.520 0.610 0.575 5151 HEXTAR 0.575 -0.005 363.4 0.589 — 6.23 471.9
1.360 0.748 1.360 1.340 5886 MBG 1.360 0.020 20.1 1.340 1942 1.10 82.7 0.810 0.619 0.810 0.800 3298 HEXZA 0.805 UNCH 468.8 0.805 19.78 6.21 161.3
4.470 2.394 4.060 4.000 5983 MBMR 4.030 0.030 799.8 4.026 6.29 3.72 1,575.3 0.323 0.176 0.210 0.205 5072 HIAPTEK 0.205 UNCH 2721 0.206 23.03 2.44 275.6
0.530 0.250 — — 7234 MESB 0.275 — — — 5.93 — 25.1 1.260 0.935 — — 7033 HIGHTEC 1.230 — — — 12.83 2.85 50.0
0.834 0.529 0.610 0.595 3662 MFLOUR 0.605 UNCH 395 0.604 8.29 3.64 607.5 0.610 0.447 — — 8443 HIL 0.575 — — — 8.82 3.04 192.1
0.900 0.600 — — 7935 MILUX 0.800 — — — — — 47.0 0.810 0.495 0.545 0.545 5165 HOKHENG 0.545 UNCH 10 0.545 — — 48.0
0.120 0.035 0.055 0.045 5166 MINDA 0.055 0.005 5.3 0.047 — — 68.2 0.572 0.316 0.420 0.410 5291 HPMT 0.420 0.010 276.6 0.417 — 2.10 138.0
2.480 0.755 0.920 0.880 5202 MSM 0.880 -0.030 1032.4 0.896 43.56 — 618.6 1.290 0.735 0.830 0.805 0185 HSSEB 0.815 UNCH 92.6 0.813 — — 404.1
0.025 0.005 — — 5150 MSPORTS 0.005 — — — — — 3.0 1.810 0.524 1.810 1.700 5000 HUMEIND 1.710 -0.020 3083.9 1.761 — — 844.6
0.255 0.165 0.195 0.190 3891 MUIIND 0.195 0.005 336.3 0.190 — — 571.8 0.140 0.070 0.120 0.115 9601 HWGB 0.115 UNCH 1515 0.115 — — 52.9
2.650 1.680 1.720 1.700 3905 MULPHA 1.720 0.020 72 1.706 — — 549.7 2.286 1.815 2.190 2.160 7222 IMASPRO 2.190 0.020 180.7 2.169 49.89 1.60 175.2
1.480 0.795 0.910 0.900 5275 MYNEWS 0.910 -0.010 1126.8 0.905 23.10 1.10 620.8 0.530 0.315 0.340 0.340 5673 IPMUDA 0.340 UNCH 22 0.340 — — 24.6
149.90 140.66 145.00 144.60 4707 NESTLE 144.900 0.100 15.2 144.86 51.11 1.93 33,979.1 0.160 0.040 0.060 0.040 7183 IQZAN 0.040 -0.015 1548.8 0.046 1.04 — 7.4
2.828 2.423 2.500 2.500 7060 NHFATT 2.500 UNCH 5.9 2.500 12.83 4.00 206.7 1.250 0.950 — — 7043 JADEM 1.000 — — — — — 126.8
0.075 0.020 0.060 0.055 7139 NICE 0.060 UNCH 12.1 0.060 — — 42.1 0.125 0.100 0.110 0.100 8648 JASKITA 0.110 0.010 50.1 0.100 — — 49.5
0.267 0.135 0.145 0.140 7215 NIHSIN 0.145 UNCH 123 0.140 — — 46.6 1.560 1.350 — — 0058 JCBNEXT 1.420 — — — 17.32 2.82 195.7
0.575 0.376 0.505 0.495 5066 NTPM 0.505 UNCH 35.6 0.503 — 3.17 567.2 0.195 0.115 0.120 0.120 9083 JETSON 0.120 -0.020 25 0.120 — — 25.4
0.580 0.350 — — 5533 OCB 0.360 — — — — — 37.0 0.200 0.115 0.165 0.160 0054 KARYON 0.165 0.005 368.8 0.165 13.52 2.73 78.5
0.820 0.386 0.540 0.525 0049 OCNCASH 0.530 -0.005 4480.1 0.532 22.75 2.74 130.0 0.617 0.430 — — 7199 KEINHIN 0.445 — — — 14.13 2.25 48.5
0.888 0.620 0.660 0.645 7107 OFI 0.660 0.020 102.8 0.650 12.92 2.73 158.4 1.707 1.560 1.580 1.570 6491 KFIMA 1.580 0.010 26.5 1.573 11.81 5.70 445.9
0.135 0.100 0.100 0.100 3018 OLYMPIA 0.100 UNCH 210 0.100 — — 102.3 1.430 1.170 1.300 1.280 0151 KGB 1.290 0.010 112.2 1.289 16.95 1.40 401.8
6.580 5.968 6.400 6.380 4006 ORIENT 6.400 0.020 71.7 6.392 10.31 4.06 3,970.5 0.300 0.130 — — 6211 KIALIM 0.210 — — — — — 13.0
0.740 0.475 0.530 0.525 5260 OWG 0.525 UNCH 222.9 0.525 — — 149.7 1.250 0.950 — — 5371 KIMHIN 1.060 — — — — — 165.0
3.995 3.000 3.470 3.390 7052 PADINI 3.400 -0.070 1843.1 3.416 13.82 2.94 2,236.9 0.010 0.005 — — 5060 KINSTEL 0.005 — — — — — 5.2
39.747 32.900 33.020 32.900 3719 PANAMY 32.900 -0.120 9.5 32.958 19.02 6.87 1,998.5 1.960 0.930 1.910 1.900 9466 KKB 1.910 UNCH 80.7 1.903 13.81 2.09 492.4
0.446 0.291 — — 5022 PAOS 0.335 — — — — 4.78 60.7 0.850 0.350 — — 5035 KNUSFOR 0.715 — — — — — 71.2
0.350 0.210 — — 9407 PARAGON 0.250 — — — — — 17.5 1.957 1.318 1.800 1.800 6971 KOBAY 1.800 UNCH 7.1 1.800 9.55 1.67 183.8
0.295 0.180 0.185 0.185 5657 PARKSON 0.185 UNCH 160.7 0.185 — — 202.4 0.390 0.155 0.210 0.205 7017 KOMARK 0.210 -0.005 27 0.209 — — 43.2
0.622 0.201 0.435 0.420 6068 PCCS 0.420 -0.015 3203.3 0.426 5.48 3.57 88.4 1.269 0.540 0.640 0.595 5843 KPS 0.630 0.035 677.6 0.623 11.21 6.75 338.6
0.590 0.275 0.575 0.550 5231 PELIKAN 0.560 0.005 3607.5 0.561 28.57 — 340.6 0.540 0.450 — — 9121 KPSCB 0.475 — — — 8.32 — 70.2
0.450 0.300 — — 9997 PENSONI 0.325 — — — — — 42.1 4.895 4.223 4.540 4.480 3476 KSENG 4.530 0.020 101.1 4.520 19.32 2.21 1,637.5
0.860 0.355 0.845 0.830 7080 PERMAJU 0.845 UNCH 785.5 0.830 — — 165.6 0.590 0.296 0.370 0.360 5192 KSSC 0.360 -0.015 48 0.364 360.00 1.39 34.6
27.608 20.886 22.260 21.880 5681 PETDAG 22.160 -0.100 506.5 22.145 29.35 3.16 22,014.9 0.485 0.290 0.330 0.320 6874 KUB 0.325 0.005 869.8 0.328 — 3.08 180.9
0.154 0.115 0.120 0.120 4081 PMCORP 0.120 UNCH 79.5 0.120 — 4.17 92.8 0.400 0.220 0.265 0.255 8362 KYM 0.265 0.005 10.2 0.255 30.11 — 39.7
0.105 0.035 0.105 0.100 1287 PMHLDG 0.105 0.005 422 0.103 — — 97.5 0.615 0.447 0.500 0.490 9326 LBALUM 0.495 -0.010 39 0.493 8.01 3.03 123.0
0.720 0.465 0.595 0.580 5080 POHKONG 0.585 -0.005 1246.5 0.586 7.95 2.05 240.1 4.414 1.750 1.840 1.790 5284 LCTITAN 1.810 UNCH 4395.4 1.807 9.35 9.39 4,177.1
1.558 1.300 1.350 1.330 7088 POHUAT 1.350 0.020 32.4 1.334 5.89 2.96 329.4 0.551 0.400 — — 5232 LEONFB 0.430 — — — 10.83 3.49 133.3
19.960 17.323 18.760 18.520 4065 PPB 18.740 0.140 269.5 18.736 26.04 1.49 26,659.5 0.260 0.130 — — 8745 LEWEKO 0.195 — — — — — 62.8
1.300 0.530 0.620 0.575 7168 PRG 0.595 -0.025 549.7 0.591 — — 240.0 0.300 0.090 0.165 0.160 7170 LFECORP 0.165 0.005 190 0.161 — — 33.7
1.100 0.410 0.820 0.765 8966 PRLEXUS 0.810 0.040 1625.2 0.798 20.72 0.99 146.6 0.665 0.315 0.400 0.385 4235 LIONIND 0.390 -0.005 5790.5 0.392 — — 280.0
0.259 0.182 0.210 0.205 0186 PTRANS 0.210 UNCH 2833 0.209 8.08 6.43 298.8 0.505 0.375 — — 8486 LIONPSIM 0.390 — — — 10.60 — 90.3
0.895 0.650 0.695 0.665 7134 PWF 0.695 -0.005 5.1 0.680 8.22 2.88 120.9 0.360 0.245 0.285 0.285 9881 LSTEEL 0.285 -0.010 0.1 0.285 — — 36.5
2.450 1.303 2.400 2.280 7237 PWROOT 2.400 0.120 450.9 2.361 25.08 3.58 982.3 0.105 0.065 0.090 0.085 5068 LUSTER 0.085 UNCH 933.1 0.085 12.88 — 176.5
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 6 Markets M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY

BURSA MAL AYSIA MAIN MARKET

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
0.600 0.470 0.565 0.545 5143 LUXCHEM 0.555 -0.015 1617.4 0.553 13.25 4.05 497.2 1.058 0.745 — — 5088 APEX 0.745 — — — 20.08 — 159.1
2.700 2.400 — — 9199 LYSAGHT 2.460 — — — 10.95 2.85 102.3 4.581 3.590 3.980 3.800 5258 BIMB 3.940 0.150 459.4 3.911 8.95 4.06 7,063.1
0.590 0.345 0.440 0.400 5098 MASTEEL 0.425 0.010 11953.6 0.426 — — 192.4 7.173 5.400 5.710 5.660 1818 BURSA 5.690 0.030 832.3 5.695 24.85 3.66 4,600.4
2.910 0.599 2.890 2.760 7029 MASTER 2.860 0.050 523.4 2.838 10.87 1.22 156.2 5.586 4.793 4.910 4.860 1023 CIMB 4.870 -0.010 7714.3 4.873 9.71 5.34 48,324.9
1.490 0.969 1.340 1.320 5152 MBL 1.340 -0.010 114.8 1.337 7.24 3.36 143.9 0.325 0.230 0.245 0.245 2143 ECM 0.245 UNCH 24.7 0.245 — — 117.6
0.750 0.435 — — 7004 MCEHLDG 0.495 — — — — — 22.0 1.728 1.239 1.630 1.630 5228 ELKDESA 1.630 UNCH 15.3 1.630 13.74 4.29 484.3
4.570 1.800 3.700 3.470 3794 MCEMENT 3.570 0.120 1047.3 3.590 — — 3,033.4 21.072 14.960 15.280 14.960 5819 HLBANK 15.080 -0.060 2047.1 15.070 11.66 3.32 32,689.2
0.385 0.110 0.310 0.290 3778 MELEWAR 0.295 -0.005 17927.7 0.299 3.29 — 106.0 10.100 7.327 — — 5274 HLCAP 9.380 — — — 33.54 2.35 2,315.9
0.700 0.435 — — 5223 MENTIGA 0.500 — — — — — 35.0 19.605 15.748 16.000 15.840 1082 HLFG 15.840 -0.220 137.7 15.881 9.50 2.65 18,176.7
1.738 1.400 — — 6149 METROD 1.400 — — — 11.48 4.29 168.0 0.910 0.679 0.855 0.835 3379 INSAS 0.855 0.015 326.8 0.843 7.77 4.09 592.8
0.360 0.220 0.285 0.275 5001 MIECO 0.280 UNCH 774.4 0.280 — — 147.0 0.115 0.065 — — 3441 JOHAN 0.070 — — — — — 43.6
0.130 0.045 0.130 0.125 7219 MINETEC 0.130 0.005 18490 0.126 — — 119.8 0.620 0.415 0.440 0.430 6483 KENANGA 0.430 UNCH 37.1 0.433 58.11 2.56 310.8
0.400 0.227 0.310 0.305 5576 MINHO 0.305 UNCH 203.2 0.305 13.09 3.77 103.9 2.125 1.522 1.630 1.620 2186 KUCHAI 1.620 -0.020 0.5 1.628 111.72 0.86 200.5
0.998 0.780 0.865 0.855 5916 MSC 0.860 -0.005 53 0.859 5.51 2.33 344.0 16.192 14.600 15.300 15.200 8621 LPI 15.280 0.060 121.5 15.235 18.88 4.58 6,087.3
0.105 0.035 0.040 0.035 0043 MTRONIC 0.035 UNCH 490.5 0.035 — — 43.6 1.003 0.473 0.755 0.745 1198 MAA 0.755 0.005 7.6 0.752 — 11.92 206.3
2.147 1.270 1.390 1.370 3883 MUDA 1.390 0.020 50.4 1.381 7.43 3.24 424.0 2.850 2.322 2.440 2.440 1058 MANULFE 2.440 UNCH 15 2.440 25.50 2.87 493.8
0.505 0.235 0.390 0.360 5087 MYCRON 0.360 -0.005 113.8 0.364 — — 117.7 9.024 8.223 8.520 8.420 1155 MAYBANK 8.470 0.010 6152.7 8.466 11.66 6.73 95,214.3
0.520 0.355 0.385 0.380 7241 NGGB 0.385 0.005 1598.6 0.383 — — 198.0 1.031 0.775 0.800 0.790 1171 MBSB 0.790 -0.005 1485.5 0.792 10.56 6.33 5,303.6
0.185 0.060 0.180 0.165 5025 NWP 0.165 -0.015 1931.5 0.167 — — 71.2 1.256 0.911 1.010 1.000 6459 MNRB 1.010 UNCH 251.6 1.006 6.41 2.48 790.9
0.697 0.540 0.555 0.550 4944 NYLEX 0.550 -0.010 8 0.553 — 3.64 106.9 1.190 0.985 1.030 1.030 5237 MPHBCAP 1.030 -0.010 2.5 1.030 21.82 — 736.5
0.825 0.566 0.715 0.705 7140 OKA 0.705 -0.005 122.9 0.712 13.93 5.25 173.0 0.960 0.930 0.940 0.940 6009 P&O 0.940 UNCH 5 0.940 — 5.61 269.8
1.190 0.890 1.090 1.070 5065 ORNA 1.090 0.010 226 1.081 7.49 2.29 82.0 24.240 17.500 17.800 17.500 1295 PBBANK 17.620 -0.180 3713.2 17.587 12.42 3.97 68,403.3
0.075 0.045 0.060 0.060 7225 PA 0.060 -0.005 892 0.060 31.58 — 134.7 1.759 1.477 1.710 1.680 9296 RCECAP 1.700 0.010 185.7 1.693 5.83 5.88 630.1
0.690 0.421 0.685 0.670 8419 PANSAR 0.675 UNCH 4407.4 0.678 37.71 1.48 311.9 5.980 5.082 5.710 5.600 1066 RHBBANK 5.710 0.070 2004.1 5.682 9.44 4.47 22,897.4
0.585 0.465 0.485 0.465 5125 PANTECH 0.475 0.005 522.2 0.475 8.91 4.21 356.6 0.665 0.540 0.600 0.590 4898 TA 0.595 0.005 301.1 0.597 — 6.89 1,018.6
9.326 6.000 6.500 6.390 5183 PCHEM 6.500 UNCH 3956.7 6.484 13.81 4.46 52,000.0 6.936 4.130 5.130 4.700 6139 TAKAFUL 5.030 0.320 2946.2 4.955 10.92 3.98 4,158.8
1.270 0.829 1.110 1.100 5271 PECCA 1.110 0.020 28.4 1.107 11.47 5.41 208.7 0.765 0.465 0.495 0.480 5230 TUNEPRO 0.490 0.015 2553.2 0.489 7.23 6.12 368.4
4.778 4.080 4.080 4.080 5436 PERSTIM 4.080 UNCH 0.3 4.080 12.35 7.35 405.2 PROPERTY
1.530 1.000 1.290 1.260 5219 PESTECH 1.260 UNCH 267.1 1.270 10.91 — 963.0 0.335 0.220 — — 7131 ACME 0.265 — — — 7.01 — 65.9
0.160 0.105 0.115 0.110 7201 PICORP 0.110 -0.005 143.6 0.112 40.74 4.55 72.4 0.549 0.450 0.470 0.460 1007 AMPROP 0.470 0.010 16.1 0.467 21.27 6.38 344.6
1.650 1.070 1.620 1.530 7095 PIE 1.600 0.040 2165.9 1.591 13.25 1.50 614.5 1.280 0.910 1.210 1.200 5959 AMVERTON 1.200 UNCH 169 1.200 7.92 — 438.1
0.325 0.125 — — 7163 PJBUMI 0.180 — — — 23.38 — 14.8 0.500 0.150 0.180 0.150 7007 ARK 0.155 -0.045 388.3 0.159 — — 7.5
3.706 3.000 3.050 3.000 7172 PMBTECH 3.010 0.010 25.4 3.011 42.57 0.66 631.1 0.170 0.110 0.125 0.125 4057 ASIAPAC 0.125 UNCH 415 0.125 3.14 — 129.6
5.240 3.951 5.000 4.960 8869 PMETAL 5.000 UNCH 229.3 4.989 41.19 1.05 20,190.5 4.980 3.800 — — 2305 AYER 4.930 — — — 22.39 1.01 369.0
0.530 0.401 0.470 0.455 6637 PNEPCB 0.455 0.005 1827.5 0.470 — — 59.8 0.395 0.220 — — 6602 BCB 0.355 — — — 3.17 — 146.4
0.480 0.330 — — 8117 POLY 0.330 — — — 22.15 — 52.8 0.585 0.315 0.375 0.375 6173 BDB 0.375 -0.010 14.3 0.375 — — 113.9
1.350 0.510 1.270 1.240 8273 PPHB 1.270 0.020 1676 1.254 9.78 — 239.6 0.290 0.110 — — 9814 BERTAM 0.250 — — — — — 51.7
0.778 0.375 0.410 0.400 9873 PRESTAR 0.410 0.005 18.1 0.406 — 3.66 84.0 0.320 0.275 0.300 0.295 3239 BJASSET 0.300 UNCH 60.1 0.299 — — 767.4
0.080 0.015 0.025 0.020 7123 PWORTH 0.020 UNCH 2327.1 0.021 — — 81.9 1.580 1.030 — — 5738 CHHB 1.050 — — — — — 289.5
1.430 0.720 0.900 0.900 7544 QUALITY 0.900 -0.030 0.2 0.900 — — 52.2 1.369 1.121 — — 6718 CRESNDO 1.180 — — — 10.28 5.08 330.9
0.320 0.180 0.240 0.230 7498 RALCO 0.240 0.030 34.5 0.234 — — 11.1 1.523 1.181 — — 5049 CVIEW 1.350 — — — 5.43 2.22 135.0
0.350 0.275 — — 7232 RESINTC 0.290 — — — 7.69 8.62 39.8 0.565 0.335 0.415 0.405 3484 DBHD 0.405 -0.010 93.8 0.407 5.13 — 128.9
0.245 0.120 0.165 0.165 9954 RGTBHD 0.165 UNCH 310 0.165 15.87 — 95.2 0.095 0.050 — — 7198 DPS 0.075 — — — 125 — 44.1
0.784 0.487 0.620 0.600 9741 ROHAS 0.610 0.005 2777.1 0.610 16.01 2.46 288.3 0.899 0.545 0.570 0.560 3417 E&O 0.565 -0.005 303.6 0.564 35.76 5.31 823.2
0.790 0.404 0.700 0.670 7803 RUBEREX 0.690 UNCH 3662.8 0.683 23.55 2.90 174.0 0.360 0.290 0.350 0.340 3557 ECOFIRS 0.345 -0.005 518.5 0.344 11.69 — 279.0
3.980 3.550 — — 5134 SAB 3.730 — — — 26.87 1.34 510.8 0.995 0.610 0.685 0.655 8206 ECOWLD 0.675 -0.005 3792.3 0.672 9.77 — 1,987.4
8.640 7.123 8.050 7.880 9822 SAM 7.880 -0.120 87.3 7.944 13.09 2.21 1,065.1 0.430 0.265 — — 6076 ENCORP 0.290 — — — — — 88.9
0.753 0.542 0.660 0.650 5147 SAMCHEM 0.660 UNCH 214.5 0.653 8.35 4.55 179.5 1.520 0.882 1.150 1.130 8613 ENRA 1.130 -0.070 8.3 1.142 — 2.65 153.9
0.784 0.615 0.640 0.630 7811 SAPIND 0.630 0.015 13 0.632 10.48 7.94 45.8 0.747 0.547 0.610 0.610 6815 EUPE 0.610 UNCH 62.4 0.610 2.05 2.46 78.1
0.460 0.230 0.350 0.335 5170 SCABLE 0.335 UNCH 2832.2 0.342 — — 106.2 0.735 0.465 0.500 0.490 7249 EWEIN 0.490 -0.010 170.9 0.497 3.60 1.02 147.8
1.680 0.755 1.520 1.470 7247 SCGM 1.510 0.020 298.1 1.495 — 1.16 292.3 1.140 0.600 0.840 0.810 5283 EWINT 0.830 UNCH 2046.8 0.821 10.65 — 1,992.0
3.490 0.445 3.490 3.260 9237 SCIB 3.310 UNCH 538.7 3.351 — — 284.3 0.400 0.290 0.305 0.305 6041 FARLIM 0.305 UNCH 246 0.305 — — 51.4
1.302 0.719 1.090 1.050 0099 SCICOM 1.080 0.030 756.8 1.069 17.88 4.63 383.9 0.389 0.330 0.340 0.335 5020 GLOMAC 0.340 UNCH 67.4 0.338 12.23 2.35 272.0
9.765 8.024 9.550 9.160 4731 SCIENTX 9.500 0.250 410.7 9.349 13.38 2.11 4,900.8 0.350 0.245 0.285 0.285 9962 GMUTUAL 0.285 0.010 1.1 0.285 15.83 1.75 107.0
0.360 0.105 0.240 0.225 7239 SCNWOLF 0.225 -0.005 1589 0.232 3.32 — 21.6 0.290 0.155 — — 1147 GOB 0.205 — — — — — 93.2
0.565 0.175 0.265 0.260 7073 SEACERA 0.265 UNCH 891.8 0.264 — — 127.7 0.776 0.626 0.670 0.655 1503 GUOCO 0.670 UNCH 17.8 0.666 — 2.99 469.3
0.750 0.250 0.670 0.670 5163 SEB 0.670 UNCH 11.4 0.670 — — 53.6 1.300 1.200 1.230 1.220 7105 HCK 1.230 UNCH 343 1.220 45.22 — 521.3
0.440 0.400 0.420 0.420 5181 SIGGAS 0.420 0.005 142.2 0.420 73.68 1.19 78.8 0.670 0.405 — — 7010 HOOVER 0.405 — — — — — 16.2
0.690 0.450 — — 7115 SKBSHUT 0.475 — — — 5.57 — 19.0 0.465 0.300 0.350 0.345 5062 HUAYANG 0.345 UNCH 42.9 0.348 — — 121.4
1.590 0.994 1.520 1.460 7155 SKPRES 1.470 -0.040 4785.2 1.477 21.34 2.61 1,837.8 0.387 0.195 0.220 0.215 4251 IBHD 0.220 UNCH 745.2 0.220 8.21 7.95 245.6
1.397 1.020 — — 7248 SLP 1.120 — — — 14.36 4.91 355.0 0.721 0.511 — — 5084 IBRACO 0.590 — — — 9.70 2.97 292.9
0.490 0.300 — — 7132 SMISCOR 0.345 — — — — — 15.5 1.900 0.983 1.670 1.640 9687 IDEAL 1.670 UNCH 101 1.656 5.90 0.60 776.3
1.220 0.690 0.770 0.730 5665 SSTEEL 0.755 0.005 259.5 0.752 — 4.64 450.2 4.060 2.393 3.330 3.300 5606 IGBB 3.330 -0.020 28 3.303 9.50 0.30 2,299.0
0.905 0.380 — — 6904 SUBUR 0.610 — — — — — 127.5 1.627 1.030 1.160 1.140 5249 IOIPG 1.140 -0.010 3691.8 1.149 9.15 2.63 6,277.0
1.100 0.508 0.910 0.900 7207 SUCCESS 0.905 -0.005 279.5 0.905 10.15 2.98 225.9 0.225 0.155 0.175 0.160 5175 IVORY 0.175 0.015 288.6 0.167 875.0 14.29 85.8
1.870 1.479 1.810 1.790 5211 SUNWAY 1.800 0.010 3543.6 1.799 12.55 2.74 8,881.1 1.313 0.448 0.805 0.775 1589 IWCITY 0.780 -0.010 30744 0.789 — — 653.2
1.349 0.729 0.870 0.850 7235 SUPERLN 0.855 -0.010 166.8 0.856 16.22 2.22 136.8 0.380 0.285 — — 8923 JIANKUN 0.305 — — — 24.02 — 50.9
6.800 4.600 5.980 5.920 4448 TASEK 5.920 0.040 1.3 5.948 — — 731.8 0.090 0.070 0.075 0.075 6769 JKGLAND 0.075 UNCH 158 0.075 14.71 1.33 170.6
0.235 0.075 0.085 0.080 7097 TAWIN 0.080 UNCH 317.1 0.081 47.06 — 28.6 0.761 0.510 — — 7323 KEN 0.515 — — — — 2.91 98.7
0.992 0.642 0.930 0.920 5289 TECHBND 0.920 -0.010 578.1 0.924 35.80 — 211.6 1.100 0.775 0.870 0.845 7077 KPPROP 0.850 0.010 46.5 0.845 29.72 — 170.1
0.730 0.365 0.475 0.460 8702 TEXCHEM 0.475 UNCH 20.9 0.466 — 21.05 58.9 0.960 0.695 0.720 0.715 5038 KSL 0.715 0.005 317 0.716 3.07 — 741.8
4.210 2.197 4.210 3.910 7034 TGUAN 4.200 0.240 2151.9 4.079 10.29 1.90 777.8 0.159 0.130 0.135 0.130 3174 L&G 0.135 UNCH 850.3 0.135 8.65 7.41 401.4
1.399 1.050 — — 7374 TIENWAH 1.050 — — — — 7.62 152.0 0.784 0.550 0.565 0.565 8494 LBICAP 0.565 0.010 10 0.565 5.55 8.85 57.4
0.680 0.460 — — 7854 TIMWELL 0.530 — — — 9.50 3.77 47.2 0.679 0.450 0.470 0.465 5789 LBS 0.470 UNCH 2574.5 0.470 7.69 3.83 736.5
0.650 0.430 0.485 0.485 7285 TOMYPAK 0.485 UNCH 0.1 0.485 — 0.62 203.9 0.300 0.220 0.245 0.240 3573 LIENHOE 0.245 UNCH 30.1 0.245 — — 88.6
4.066 2.050 — — 5010 TONGHER 2.110 — — — 15.81 9.48 332.2 1.250 0.750 0.855 0.820 7617 MAGNA 0.855 0.045 20.7 0.839 — — 286.4
0.841 0.572 — — 7173 TOYOINK 0.690 — — — 18.35 4.35 73.8 0.978 0.650 0.685 0.675 8583 MAHSING 0.675 -0.010 1209.9 0.680 12.16 6.67 1,638.7
0.814 0.543 — — 5167 TURBO 0.680 — — — 15.21 2.94 73.4 0.674 0.420 0.460 0.450 6181 MALTON 0.450 -0.005 644.2 0.453 9.98 3.33 237.7
2.820 2.494 2.720 2.700 7100 UCHITEC 2.710 0.020 106.9 2.712 15.82 5.35 1,222.7 1.950 1.794 1.920 1.910 5236 MATRIX 1.920 -0.010 111.8 1.920 6.57 6.25 1,579.8
0.800 0.385 0.485 0.470 7133 ULICORP 0.475 UNCH 128.5 0.474 — — 103.5 1.697 1.319 — — 7189 MBWORLD 1.410 — — — 4.24 5.74 221.9
2.484 1.750 — — 7137 UMS 2.000 — — — 27.03 3.00 81.4 0.665 0.195 0.280 0.270 5182 MCT 0.280 0.005 1516.9 0.275 6.09 — 408.0
1.068 0.715 — — 7227 UMSNGB 0.850 — — — 15.37 3.53 68.0 0.420 0.275 0.310 0.300 1694 MENANG 0.300 UNCH 265.8 0.301 — — 144.2
1.427 0.943 1.310 1.280 7091 UNIMECH 1.310 0.010 56.3 1.297 10.43 3.66 208.0 0.350 0.055 0.065 0.060 5040 MERIDIAN 0.065 UNCH 72 0.065 — — 38.3
0.485 0.240 — — 4995 VERSATL 0.280 — — — — — 39.8 0.415 0.180 0.355 0.350 8141 MJPERAK 0.350 -0.005 446.2 0.351 — — 90.0
1.520 0.882 1.440 1.400 6963 VS 1.440 0.040 9510.7 1.422 15.00 2.36 2,683.4 1.860 1.084 1.660 1.640 6114 MKH 1.650 0.010 204.6 1.653 11.64 2.42 967.8
0.950 0.365 0.520 0.500 7226 WATTA 0.500 UNCH 78.1 0.507 — — 42.2 0.210 0.140 0.150 0.150 8893 MKLAND 0.150 UNCH 130 0.150 33.33 — 181.1
1.254 1.060 1.120 1.100 7231 WELLCAL 1.110 0.010 45 1.109 15.00 5.09 552.7 0.165 0.070 0.120 0.120 6548 MPCORP 0.120 0.010 0.1 0.120 — — 34.5
0.700 0.460 0.540 0.530 7692 WIDETEC 0.530 UNCH 7 0.536 16.88 — 23.7 1.125 0.630 0.695 0.675 1651 MRCB 0.680 -0.010 19697.3 0.684 161.90 2.57 3,000.2
0.650 0.425 0.490 0.465 7050 WONG 0.490 UNCH 2.2 0.479 9.07 3.06 56.2 0.540 0.280 0.320 0.305 9539 MUH 0.310 -0.030 70.5 0.311 — — 17.5
0.810 0.517 — — 7025 WOODLAN 0.595 — — — — — 23.8 0.245 0.160 0.200 0.195 3913 MUIPROP 0.195 0.005 2028.7 0.195 8.78 — 149.0
1.400 0.905 1.000 0.970 5009 WTHORSE 1.000 UNCH 14 1.000 — — 240.0 1.440 0.675 1.370 1.240 5073 NAIM 1.360 0.130 23625.2 1.324 5.01 — 698.8
0.696 0.440 0.490 0.475 4243 WTK 0.480 0.005 308.7 0.482 — 3.13 231.0 2.150 1.907 — — 5827 OIB 2.020 — — — 5.56 3.96 312.8
0.400 0.185 0.200 0.195 7245 WZSATU 0.200 UNCH 166.6 0.197 — — 102.3 1.050 0.817 0.980 0.975 5053 OSK 0.975 UNCH 106.3 0.977 4.67 5.13 2,042.9
0.650 0.520 0.550 0.545 5048 YILAI 0.545 -0.015 22.3 0.546 — — 79.3 1.752 1.180 1.320 1.300 1724 PARAMON 1.320 0.020 106.9 1.307 8.69 4.77 800.8
0.170 0.090 0.120 0.115 7020 YKGI 0.120 UNCH 175.7 0.115 — — 42.1 0.460 0.265 — — 6912 PASDEC 0.300 — — — — — 120.1
0.335 0.195 — — 7014 YLI 0.270 — — — — — 27.8 1.100 0.880 — — 3611 PGLOBE 0.930 — — — 35.36 — 173.6
CONSTRUCTION 0.015 0.005 0.010 0.005 4464 PHB 0.005 -0.005 2252 0.005 — — 50.0
0.473 0.302 0.365 0.350 5281 ADVCON 0.360 -0.005 487.4 0.358 13.04 1.67 145.4 1.600 0.980 1.420 1.380 7055 PLB 1.420 -0.040 27 1.393 18.68 — 159.6
0.170 0.090 0.110 0.105 7145 AGES 0.105 0.005 6831.9 0.105 8.61 — 52.7 1.521 1.150 1.180 1.180 5075 PLENITU 1.180 0.010 15 1.180 12.63 3.81 450.2
2.050 1.270 1.960 1.860 5293 AME 1.900 -0.030 1107.1 1.915 — — 811.5 6.100 5.300 6.080 5.920 7765 RAPID 6.070 0.120 69.4 5.939 175.94 — 648.9
0.575 0.325 0.370 0.365 7078 AZRB 0.370 -0.005 487.8 0.370 27.61 2.41 221.2 0.720 0.480 0.490 0.490 4596 SAPRES 0.490 0.005 1 0.490 — — 68.4
0.230 0.125 0.135 0.130 5190 BENALEC 0.135 UNCH 145 0.130 — — 116.3 0.512 0.350 0.420 0.400 5207 SBCCORP 0.420 -0.005 16 0.401 5.37 2.38 108.4
0.197 0.075 0.085 0.080 5932 BPURI 0.085 -0.005 551.3 0.084 106.2 — 64.9 0.732 0.560 — — 2224 SDRED 0.570 — — — 10.38 3.51 242.9
0.800 0.706 — — 8761 BREM 0.780 — — — 10.91 5.13 269.5 0.385 0.275 0.330 0.285 4286 SEAL 0.305 0.010 210 0.298 8.45 — 74.1
1.156 0.884 — — 8591 CRESBLD 0.940 — — — 4.65 4.79 166.3 2.810 2.280 2.290 2.290 6017 SHL 2.290 UNCH 1 2.290 11.26 6.99 554.5
1.900 1.572 — — 7528 DKLS 1.700 — — — 15.50 1.76 157.6 1.185 0.705 0.815 0.790 5288 SIMEPROP 0.795 -0.010 5595.6 0.797 36.30 2.52 5,406.7
0.874 0.387 0.805 0.760 5253 ECONBHD 0.785 UNCH 10824.7 0.781 54.51 0.64 1,049.9 0.215 0.130 0.140 0.140 4375 SMI 0.140 UNCH 15 0.140 12.50 — 29.4
1.027 0.484 0.765 0.730 8877 EKOVEST 0.760 0.015 91122.5 0.749 11.14 1.32 2,017.7 0.450 0.140 0.150 0.145 5213 SNTORIA 0.150 UNCH 814 0.146 — — 85.1
0.499 0.326 0.355 0.345 7047 FAJAR 0.350 UNCH 165.7 0.352 17.50 4.29 130.9 2.542 1.180 1.360 1.320 8664 SPSETIA 1.350 0.020 2228.9 1.337 20.15 6.33 5,457.4
0.941 0.545 0.690 0.660 9261 GADANG 0.670 UNCH 7960.1 0.675 12.52 1.79 487.8 0.920 0.530 — — 3743 SUNSURIA 0.590 — — — 3.44 — 528.6
4.237 2.562 4.100 3.970 5398 GAMUDA 4.090 0.040 4955.2 4.057 14.27 2.93 10,168.8 0.439 0.360 0.395 0.390 1538 SYMLIFE 0.395 0.005 298 0.395 2.10 2.53 237.2
1.514 0.959 1.210 1.130 5226 GBGAQRS 1.150 0.040 3573.8 1.165 13.42 1.30 568.8 0.330 0.200 0.260 0.260 4022 TADMAX 0.260 UNCH 144 0.260 12.38 — 203.8
1.339 0.805 0.955 0.930 3204 GKENT 0.935 0.005 3318.7 0.940 9.26 — 526.7 0.275 0.222 0.265 0.260 5158 TAGB 0.260 UNCH 6158 0.260 — 6.15 1,383.6
0.695 0.330 0.520 0.510 5169 HOHUP 0.520 0.005 906.1 0.515 5.66 — 214.4 0.055 0.025 0.035 0.030 2259 TALAMT 0.030 UNCH 375.5 0.032 6.67 — 128.9
1.575 1.300 1.340 1.310 6238 HSL 1.310 -0.020 25 1.325 12.72 1.83 763.3 0.792 0.630 0.670 0.660 5191 TAMBUN 0.670 0.010 158.4 0.665 6.37 3.66 290.4
2.475 1.721 2.320 2.250 3336 IJM 2.300 0.010 8127.5 2.300 17.91 1.74 8,370.4 0.080 0.040 — — 2429 TANCO 0.045 — — — — — 37.4
0.290 0.070 0.090 0.080 5268 IKHMAS 0.085 UNCH 5050.1 0.085 — — 50.0 0.280 0.180 0.205 0.200 7889 THRIVEN 0.205 -0.005 119.3 0.202 4.28 — 112.1
0.610 0.360 — — 8834 IREKA 0.420 — — — — — 78.4 0.135 0.030 0.070 0.065 7079 TIGER 0.070 0.005 16839.4 0.065 — — 102.5
1.510 0.530 1.470 1.430 4723 JAKS 1.460 0.020 7892.3 1.453 11.04 — 950.6 0.340 0.280 0.285 0.285 5239 TITIJYA 0.285 UNCH 91.4 0.285 15.49 0.53 384.2
1.466 1.114 1.310 1.290 7161 KERJAYA 1.300 -0.010 502.1 1.299 11.66 2.69 1,614.6 0.940 0.800 0.885 0.880 5401 TROP 0.880 UNCH 137.3 0.882 8.48 3.07 1,294.0
1.460 1.040 1.110 1.090 5171 KIMLUN 1.110 0.030 291.7 1.100 5.66 3.33 377.2 1.020 0.580 0.655 0.630 5148 UEMS 0.630 -0.020 818.3 0.639 24.32 — 2,858.6
1.110 0.735 — — 9628 LEBTECH 0.925 — — — — — 126.2 2.350 1.870 2.000 1.960 5200 UOADEV 2.000 0.050 1083.6 1.979 8.81 7.00 3,934.3
0.515 0.360 — — 5129 MELATI 0.470 — — — 22.27 2.13 56.4 0.150 0.070 0.095 0.095 6378 WMG 0.095 -0.005 1.8 0.095 — — 40.5
0.900 0.660 0.740 0.740 8192 MERCURY 0.740 -0.030 2 0.740 8.27 — 29.7 0.995 0.650 — — 7003 Y&G 0.760 — — — 20.00 — 166.0
0.815 0.590 0.600 0.595 7595 MGB 0.600 UNCH 20.5 0.598 21.13 — 301.0 2.800 1.100 2.680 2.650 3158 YNHPROP 2.660 -0.010 51.8 2.656 56.84 — 1,407.1
0.432 0.250 0.275 0.270 9571 MITRA 0.275 -0.005 185 0.274 — 5.45 246.4 0.415 0.105 0.115 0.105 7066 YONGTAI 0.105 -0.010 17039 0.109 — — 99.8
0.250 0.135 0.155 0.155 5924 MTDACPI 0.155 UNCH 4 0.155 — — 35.9 TRANSPORTATION & LOGISTICS
0.555 0.180 0.510 0.490 5085 MUDAJYA 0.500 0.005 11963.4 0.503 — — 302.7 8.837 6.180 7.050 6.850 5014 AIRPORT 7.000 UNCH 1248.1 6.984 24.30 2.00 11,614.3
2.991 1.570 1.980 1.830 5703 MUHIBAH 1.840 -0.120 2426.4 1.888 6.76 4.08 892.8 1.400 1.100 1.170 1.170 8133 BHIC 1.170 -0.010 10.7 1.170 — 2.99 290.7
0.370 0.220 0.265 0.260 7071 OCR 0.265 0.005 604 0.261 — — 88.0 4.916 3.517 4.650 4.600 5032 BIPORT 4.650 0.010 12 4.633 12.68 3.87 2,139.0
0.900 0.780 0.810 0.790 5622 PEB 0.800 0.015 2.2 0.798 — — 55.3 0.380 0.265 0.315 0.300 7187 CHGP 0.305 0.005 115.9 0.308 41.22 — 90.6
0.269 0.192 0.220 0.210 8311 PESONA 0.215 UNCH 255.5 0.212 12.57 4.65 149.4 0.540 0.330 0.395 0.385 7117 CJCEN 0.390 -0.005 140.1 0.394 — 1.92 153.7
0.425 0.202 0.390 0.370 5070 PRTASCO 0.375 UNCH 2264.9 0.380 — 3.20 185.8 0.930 0.625 0.690 0.665 5136 COMPLET 0.690 0.025 51.2 0.689 9.97 — 87.6
3.303 1.912 2.950 2.900 9598 PTARAS 2.950 -0.010 11 2.923 16.88 6.78 489.3 0.525 0.310 0.385 0.330 5259 EATECH 0.385 0.050 8397.7 0.369 — — 194.0
0.425 0.250 0.285 0.270 6807 PUNCAK 0.280 UNCH 124.6 0.277 — 1.79 125.8 0.660 0.519 0.600 0.600 7210 FREIGHT 0.600 UNCH 7.9 0.600 13.30 5.83 167.5
0.620 0.320 0.370 0.355 5205 SENDAI 0.365 UNCH 200 0.362 6.65 — 285.1 0.395 0.240 0.255 0.250 0078 GDEX 0.255 0.005 663.5 0.253 46.36 0.98 1,438.6
1.810 0.850 — — 5006 STELLA 0.920 — — — — — 61.6 0.655 0.265 0.620 0.595 7676 GUNUNG 0.605 -0.010 7289.3 0.604 — — 144.5
2.156 1.477 2.100 1.960 5263 SUNCON 2.100 0.100 1335.7 2.036 20.19 3.33 2,715.1 0.748 0.551 0.595 0.595 2062 HARBOUR 0.595 -0.020 2.4 0.595 10.24 2.94 238.2
0.285 0.190 0.200 0.200 9717 SYCAL 0.200 UNCH 20.1 0.200 43.48 — 83.3 0.065 0.035 0.050 0.045 7013 HUBLINE 0.050 UNCH 880 0.046 26.32 — 191.0
0.741 0.365 0.400 0.390 5054 TRC 0.395 -0.005 110 0.395 9.00 4.81 189.8 0.480 0.270 — — 5614 ILB 0.300 — — — — — 58.5
0.595 0.320 — — 5042 TSRCAP 0.430 — — — — — 75.0 4.950 3.885 4.730 4.720 6645 LITRAK 4.720 UNCH 141.9 4.721 9.71 5.30 2,507.7
1.220 0.300 1.220 1.220 0301 UNIWALL 1.220 0.010 12 1.220 44.04 0.34 446.2 0.110 0.060 0.085 0.075 5078 M&G 0.075 0.005 942.1 0.080 — — 54.3
1.170 0.770 0.795 0.785 7070 VIZIONE 0.790 UNCH 163.8 0.792 9.99 — 463.0 0.785 0.430 0.470 0.465 5077 MAYBULK 0.465 UNCH 117.2 0.467 1.20 — 465.0
0.601 0.295 0.360 0.350 3565 WCEHB 0.355 UNCH 2809 0.355 34.13 — 428.8 9.388 6.188 8.090 8.000 3816 MISC 8.070 0.040 4933.8 8.063 23.74 3.72 36,022.8
1.220 0.685 0.775 0.740 9679 WCT 0.755 UNCH 7361.9 0.758 13.96 — 1,070.7 1.250 0.828 0.930 0.905 2194 MMCCORP 0.905 -0.015 986.8 0.915 8.93 4.42 2,755.8
0.700 0.220 0.670 0.635 7028 ZECON 0.645 0.015 3969.1 0.654 5.35 — 93.0 0.360 0.130 — — 9806 NATWIDE 0.190 — — — — — 23.4
0.125 0.050 0.080 0.070 2283 ZELAN 0.075 UNCH 224.6 0.075 10.56 — 63.4 0.045 0.025 0.035 0.030 6254 PDZ 0.030 UNCH 651.4 0.030 — — 20.5
HEALTH CARE 2.207 1.191 1.410 1.380 4634 POS 1.400 UNCH 1499.4 1.394 — 2.86 1,095.9
0.970 0.315 0.730 0.705 7191 ADVENTA 0.710 -0.015 140.2 0.713 76.34 — 108.5 0.595 0.210 0.235 0.210 8346 PRKCORP 0.210 -0.040 148 0.226 — — 21.0
2.500 1.950 2.410 2.360 7090 AHEALTH 2.400 0.040 98.8 2.392 20.30 1.44 1,133.4 0.740 0.115 0.470 0.385 5145 SEALINK 0.410 -0.040 43014 0.419 — — 205.0
1.780 0.974 1.650 1.570 7148 DPHARMA 1.640 UNCH 1182.8 1.631 19.00 3.05 1,122.4 1.000 0.795 — — 7053 SEEHUP 0.920 — — — — 3.42 74.0
6.440 4.460 6.170 6.090 5168 HARTA 6.170 0.060 9303.6 6.144 50.53 1.26 20,851.4 1.434 1.250 1.370 1.320 6521 SURIA 1.350 0.020 26.6 1.341 10.38 1.85 466.9
5.940 5.067 5.810 5.780 5225 IHH 5.810 0.020 5389.7 5.801 53.50 0.52 50,976.9 0.345 0.195 0.230 0.225 5173 SYSCORP 0.225 -0.005 157 0.226 — — 270.0
5.180 3.517 4.880 4.860 7153 KOSSAN 4.880 0.020 3431.7 4.871 28.09 1.23 6,241.2 0.460 0.225 0.375 0.350 5149 TAS 0.365 0.015 6092.1 0.364 50.00 — 65.7
2.300 1.591 2.280 2.270 0002 KOTRA 2.280 -0.010 14.4 2.276 12.37 3.90 330.5 1.692 1.030 — — 5140 TASCO 1.160 — — — 21.76 4.31 232.0
1.077 0.861 0.980 0.970 5878 KPJ 0.975 0.005 3695 0.975 22.57 2.05 4,329.3 0.735 0.420 0.455 0.445 8397 TNLOGIS 0.455 UNCH 256.4 0.452 — — 209.7
2.845 1.830 2.050 2.020 7081 PHARMA 2.050 UNCH 72 2.037 15.81 7.56 535.5 0.880 0.430 — — 7218 TOCEAN 0.500 — — — — — 20.5
0.135 0.075 — — 0302 SMILE 0.085 — — — 29.31 1.41 85.1 4.540 3.388 3.900 3.840 5246 WPRTS 3.890 0.060 1374.7 3.875 21.71 3.34 13,264.9
1.930 1.281 1.730 1.690 7106 SUPERMX 1.700 -0.010 11572 1.711 20.31 2.10 2,312.5 0.921 0.243 0.585 0.570 5267 XINHWA 0.575 -0.010 1349.2 0.575 41.37 — 124.2
0.820 0.605 0.615 0.605 0101 TMCLIFE 0.615 0.005 159.5 0.610 36.83 0.33 1,071.3 PLANTATION
6.100 4.172 5.880 5.840 7113 TOPGLOV 5.850 -0.010 8123.3 5.858 40.85 1.28 14,980.6 0.235 0.100 0.125 0.115 7054 AASIA 0.120 UNCH 2885.7 0.120 — — 79.2
0.545 0.386 — — 0301 TOPVISN 0.545 — — — 53.43 — 139.3 17.300 14.695 16.200 16.100 1899 BKAWAN 16.100 -0.100 26.3 16.186 17.61 3.73 7,018.8
2.876 2.110 2.270 2.260 7178 YSPSAH 2.270 0.020 47.3 2.267 12.09 3.08 316.9 7.100 5.100 — — 5069 BLDPLNT 5.500 — — — — — 514.3
FINANCIAL SERVICES 0.986 0.555 0.600 0.590 5254 BPLANT 0.600 0.010 655.5 0.597 84.51 9.17 1,344.0
4.066 2.380 2.420 2.390 2488 ABMB 2.390 -0.020 1751.9 2.401 8.15 5.94 3,700.0 0.740 0.480 0.570 0.570 8982 CEPAT 0.570 UNCH 11.5 0.570 — 2.63 181.5
16.851 12.660 13.380 13.220 5139 AEONCR 13.220 -0.100 319.7 13.348 12.35 3.37 3,352.8 7.068 5.961 6.450 6.450 1929 CHINTEK 6.450 UNCH 1 6.450 19.22 2.48 589.3
2.340 1.800 1.820 1.800 5185 AFFIN 1.810 0.010 55.8 1.810 7.00 2.76 3,594.7 0.499 0.395 0.415 0.410 3948 DUTALND 0.415 UNCH 188.2 0.411 — — 351.1
16.313 12.460 14.880 14.700 1163 ALLIANZ 14.880 0.100 55.1 14.803 6.96 3.43 2,632.1 2.867 2.431 — — 5029 FAREAST 2.740 — — — 42.35 1.09 1,627.1
4.401 3.660 3.900 3.840 1015 AMBANK 3.900 0.050 2640.3 3.881 7.72 5.38 11,755.3 1.590 0.845 1.360 1.320 5222 FGV 1.340 0.010 4509.2 1.341 — — 4,888.5
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
Markets 2 7
BURSA MAL AYSIA MAIN MARKET . ACE MARKET

YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL) HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
11.140 9.082 10.680 10.460 2291 GENP 10.680 0.140 1369.1 10.521 93.03 1.10 9,583.8 0.555 0.236 0.485 0.460 7108 PERDANA 0.470 0.010 38514.3 0.473 — — 843.1
0.520 0.350 — — 7382 GLBHD 0.480 — — — — — 107.0 7.270 4.600 5.080 4.700 3042 PETRONM 4.840 0.140 303.3 4.901 10.67 4.13 1,306.8
0.714 0.530 — — 2135 GOPENG 0.700 — — — — 3.57 188.3 0.365 0.155 0.160 0.155 5256 REACH 0.155 -0.005 7838.5 0.155 — — 169.9
0.800 0.420 — — 7501 HARNLEN 0.460 — — — — — 85.3 0.369 0.225 0.240 0.235 5218 SAPNRG 0.235 UNCH 14691.5 0.236 — — 3,755.1
2.140 1.400 1.680 1.660 5138 HSPLANT 1.660 -0.010 62.6 1.670 210.13 0.90 1,328.0 0.145 0.030 0.040 0.035 7158 SCOMI 0.040 UNCH 875.8 0.040 — — 43.8
2.480 1.350 1.870 1.860 2216 IJMPLNT 1.860 -0.040 20.6 1.860 364.71 1.08 1,637.9 0.140 0.045 0.060 0.055 7045 SCOMIES 0.060 UNCH 371.5 0.057 — — 140.5
0.645 0.550 0.595 0.595 2607 INCKEN 0.595 UNCH 15.1 0.595 — 1.80 250.3 2.520 1.970 2.480 2.420 5279 SERBADK 2.430 UNCH 5672.1 2.449 15.99 1.89 7,493.8
0.995 0.580 0.810 0.800 6262 INNO 0.800 0.030 52.2 0.801 70.80 1.25 383.1 0.045 0.005 — — 1201 SUMATEC 0.005 — — — — — 21.3
4.820 4.053 4.560 4.470 1961 IOICORP 4.550 0.010 809.8 4.530 44.92 1.76 28,596.8 0.579 0.391 0.435 0.425 7228 T7GLOBAL 0.435 0.005 454.1 0.430 57.24 1.15 218.2
1.120 0.440 0.815 0.785 4383 JTIASA 0.805 0.015 3929.5 0.805 — 0.62 783.8 0.145 0.035 0.125 0.110 7206 THHEAVY 0.125 0.010 17484.7 0.120 13.16 — 140.2
25.204 20.569 23.760 23.320 2445 KLK 23.540 0.140 265.8 23.496 40.57 2.12 25,129.1 1.170 0.550 0.895 0.865 7250 UZMA 0.890 0.025 3801.8 0.882 9.35 — 284.8
3.610 3.045 3.610 3.600 2453 KLUANG 3.600 -0.010 4.4 3.601 — 0.28 227.4 0.410 0.210 0.350 0.340 5243 VELESTO 0.340 -0.010 6573.4 0.343 75.56 — 2,793.3
1.640 1.052 1.310 1.300 5027 KMLOONG 1.310 0.010 41.9 1.304 29.18 4.58 1,225.4 1.460 0.595 1.420 1.330 5142 WASEONG 1.390 -0.010 3213.5 1.387 23.92 — 1,077.1
0.475 0.345 0.420 0.410 1996 KRETAM 0.410 -0.015 48.9 0.414 — — 954.3 7.380 4.034 7.380 6.910 7293 YINSON 7.000 0.200 8704.4 7.162 38.02 0.86 7,664.7
0.910 0.610 0.660 0.655 6572 KWANTAS 0.655 -0.035 30 0.657 — — 204.1
0.880 0.675 — — 4936 MALPAC 0.730 — — — — 13.70 54.8
0.770 0.545 0.585 0.585 5026 MHC 0.585 -0.015 20 0.585 — 2.56 115.0
2.000 1.680 1.850 1.850 5047 NPC 1.850 -0.030 5 1.850 — — 222.0
3.650 3.152 — — 2038 NSOP 3.300 — — — — 1.52 231.7
0.545 0.245 0.365 0.360 1902 PINEPAC 0.365 0.010 368.5 0.362 0.51 — 54.7
1.310 0.640 0.800
0.465 0.120 0.320
3.039 2.650 2.850
0.735
0.300
2.850
9695
5113
2542
PLS
RSAWIT
RVIEW
0.775
0.310
2.850
0.065 896.3
0.005 17135.5
0.050 1
0.763
0.313
—
—
2.850 187.50
—
—
1.05
271.8
439.7
184.8
Ace Market
3.128 2.780 — — 2569 SBAGAN 2.950 — — — — 0.68 195.7 YEAR YEAR DAY DAY CODE COUNTER CLOSING +/– VOL VWAP* PE# DY MKT CAP
0.440 0.205 — — 4316 SHCHAN 0.300 — — — — — 39.6 HIGH LOW HIGH LOW (RM) (RM) (‘000) (RM) (X) (%) (MIL)
5.630 4.220 5.290 5.220 5285 SIMEPLT 5.290 0.070 3134 5.271 135.6 1.94 36,419.4 CONSUMER PRODUCTS & SERVICES
4.220 2.000 3.530 3.480 5126 SOP 3.520 -0.010 15.8 3.497 40.98 1.42 2,009.6 0.740 0.450 0.580 0.565 0098 BAHVEST 0.565 -0.010 1455.4 0.570 43.13 — 692.2
2.110 1.310 1.750 1.750 5135 SWKPLNT 1.750 -0.010 16.4 1.750 36.38 2.86 490.0 0.225 0.165 0.170 0.165 0179 BIOHLDG 0.165 Unch 3700.8 0.165 15.87 0.67 141.9
3.560 2.000 3.220 3.190 5012 TAANN 3.210 UNCH 62.5 3.197 22.23 3.12 1,427.9 0.245 0.145 0.175 0.170 0205 DPIH 0.175 0.005 201.5 0.173 7.61 2.57 85.2
0.445 0.160 0.290 0.275 2054 TDM 0.285 0.010 13717.7 0.283 — — 479.6 0.695 0.095 0.670 0.640 0116 FOCUS 0.665 0.015 7667.7 0.655 — — 1,359.4
0.685 0.290 0.450 0.435 5112 THPLANT 0.450 0.005 27.2 0.439 — — 397.7 0.685 0.139 0.685 0.620 0157 FOCUSP 0.670 0.050 2574.7 0.647 14.92 2.61 147.4
1.590 0.865 1.380 1.350 9059 TSH 1.370 -0.010 65.7 1.373 52.49 0.73 1,893.1 0.150 0.075 0.150 0.130 0074 GOCEAN 0.145 0.005 10010.9 0.141 — — 42.0
5.475 4.981 5.210 5.200 2593 UMCCA 5.200 UNCH 4 5.201 16.68 1.54 1,090.8 0.090 0.035 0.075 0.070 0170 KANGER 0.075 Unch 1387.7 0.075 13.64 — 92.6
27.000 24.216 26.300 26.300 2089 UTDPLT 26.300 0.100 21.1 26.300 18.66 1.52 5,473.9 0.428 0.235 0.250 0.245 0210 KHJB 0.245 Unch 387.3 0.248 10.29 — 93.1
TELECOMMUNICATIONS & MEDIA 0.220 0.140 0.205 0.195 0180 KTC 0.205 0.005 2518.4 0.201 9.72 — 104.6
0.180 0.055 — — 0159 AMEDIA 0.060 — — — — — 14.4 0.260 0.090 0.220 0.205 0182 LKL 0.215 0.005 5511.6 0.213 — — 92.2
0.700 0.605 0.640 0.640 7031 AMTEL 0.640 0.020 5 0.640 6.93 — 34.7 0.250 0.090 — — 0140 MACPIE 0.105 — — — — — 37.1
1.590 1.180 1.260 1.240 6399 ASTRO 1.250 UNCH 1064.2 1.250 10.27 6.00 6,518.1 0.658 0.407 0.550 0.535 0201 NOVA 0.545 -0.005 59.6 0.547 14.65 2.02 173.2
0.150 0.100 — — 0153 OVERSEA 0.125 — — — — — 30.8
5.219 3.769 4.400 4.330 6888 AXIATA 4.400 0.020 3198.9 4.371 — 2.16 40,319.7 0.175 0.060 0.100 0.095 0022 PARLO 0.095 -0.005 383.6 0.095 — — 34.6
0.270 0.075 — — 6025 BJMEDIA 0.105 — — — — — 24.7 0.400 0.175 0.210 0.200 0171 PLABS 0.210 0.010 344.4 0.207 11.29 — 45.1
4.995 4.200 4.450 4.340 6947 DIGI 4.450 0.080 1850.5 4.405 24.15 4.09 34,598.8 0.517 0.460 0.465 0.465 0158 SCC 0.465 0.005 6 0.465 12.24 7.31 65.6
0.310 0.160 0.180 0.170 0059 ECOHLDS 0.180 UNCH 55 0.174 21.95 — 56.4 0.270 0.205 0.235 0.225 0212 SDS 0.235 0.005 848.3 0.227 — — 95.4
0.775 0.305 0.755 0.700 0082 GPACKET 0.740 0.030 5345.5 0.731 — — 690.8 0.275 0.215 0.235 0.220 0216 SPRING 0.230 0.010 1427 0.228 11.73 — 95.6
5.700 5.061 5.630 5.460 6012 MAXIS 5.630 0.130 1678.7 5.557 30.77 3.55 44,029.4 0.200 0.075 0.115 0.100 0148 SUNZEN 0.115 Unch 122.5 0.100 — — 61.5
0.600 0.180 0.195 0.185 4502 MEDIA 0.190 UNCH 1010.6 0.190 36.54 — 210.7 0.370 0.210 — — 0197 WEGMANS 0.260 — — — 9.96 1.92 130.0
0.255 0.142 0.230 0.210 5090 MEDIAC 0.220 0.010 377.6 0.218 0.97 4.95 371.2 0.270 0.120 0.225 0.220 0095 XINGHE 0.225 Unch 5393.1 0.225 — — 136.5
0.665 0.410 0.655 0.625 0172 OCK 0.630 -0.010 6057.9 0.636 19.69 — 603.9 INDUSTRIAL PRODUCTS & SERVICES
0.429 0.300 — — 7190 PPG 0.330 — — — 19.30 3.03 33.0 0.295 0.220 — — 0122 AIM 0.270 — — — — — 71.8
0.285 0.160 0.165 0.165 5252 SASBADI 0.165 UNCH 477.1 0.165 23.57 — 69.2 0.095 0.055 0.055 0.055 0105 ASIAPLY 0.055 Unch 80 0.055 — — 25.2
0.610 0.450 — — 9431 SJC 0.550 — — — — — 22.3 0.095 0.035 0.040 0.035 0072 AT 0.040 Unch 474 0.037 — — 20.0
0.799 0.410 0.430 0.420 6084 STAR 0.430 -0.005 568.7 0.425 — 6.98 317.6 0.220 0.125 0.135 0.130 0187 BCMALL 0.135 Unch 120.9 0.134 9.85 1.48 56.9
0.425 0.130 0.330 0.315 0163 CAREPLS 0.315 Unch 11685.1 0.321 — — 167.4
9.500 7.563 9.320 9.280 5031 TIMECOM 9.300 UNCH 431 9.302 17.00 0.99 5,445.5 0.130 0.075 0.115 0.105 0102 CONNECT 0.110 Unch 324.2 0.110 — — 36.3
4.656 2.587 3.870 3.830 4863 TM 3.850 -0.010 1385.2 3.850 19.19 0.52 14,498.2 0.260 0.150 0.190 0.190 0190 ESAFE 0.190 -0.005 8 0.190 23.75 9.47 45.7
TECHNOLOGY 0.390 0.127 0.325 0.310 0100 ESCERAM 0.320 Unch 2809.9 0.318 27.83 1.88 65.8
0.700 0.605 0.640 0.640 7031 AMTEL 0.640 0.020 5 0.640 6.93 — 34.7 0.548 0.200 0.250 0.240 0039 GFM 0.250 0.010 743.8 0.245 10.82 4.40 118.1
0.165 0.110 0.115 0.110 5195 CENSOF 0.110 -0.005 67.9 0.115 1100 — 55.2 1.950 0.300 — — 0175 HHGROUP 0.350 — — — — — 11.9
0.250 0.125 0.145 0.140 0051 CUSCAPI 0.140 UNCH 1142.3 0.140 — — 120.3 0.155 0.085 0.090 0.090 0160 HHHCORP 0.090 Unch 100 0.090 10.47 — 30.0
0.925 0.487 0.830 0.805 7204 D&O 0.830 0.020 2947.7 0.822 31.20 1.20 934.1 0.285 0.115 0.280 0.250 0188 HLT 0.270 0.010 6649.9 0.270 — — 138.2
0.280 0.160 0.210 0.205 8338 DATAPRP 0.205 UNCH 2606.3 0.208 — — 95.0 0.085 0.030 0.035 0.030 0024 JAG 0.035 Unch 2772.6 0.035 — — 63.7
0.060 0.035 0.035 0.035 0029 DIGISTA 0.035 -0.005 10 0.035 — — 23.0 2.050 0.197 1.930 1.910 0193 KAB 1.930 Unch 227.5 1.918 75.98 0.52 714.5
0.334 0.230 0.250 0.245 4456 DNEX 0.245 UNCH 1819.5 0.245 12.63 2.04 430.7 0.360 0.080 0.360 0.345 0167 MCLEAN 0.355 0.010 13883.7 0.351 — — 69.7
1.690 0.413 1.570 1.500 5216 DSONIC 1.510 -0.010 8667.5 1.532 41.94 1.66 2,038.5 0.180 0.090 0.155 0.130 0081 MEGASUN 0.130 -0.005 5037.9 0.144 37.14 — 32.6
0.630 0.355 0.420 0.405 5036 EDARAN 0.410 UNCH 303.3 0.412 — — 24.6 0.210 0.105 0.130 0.125 0207 MESTRON 0.125 -0.005 1190.3 0.126 — — 98.8
0.732 0.364 0.500 0.470 0065 EFORCE 0.475 -0.010 12233.3 0.489 35.71 2.91 292.3 0.688 0.398 0.500 0.495 0213 MTAG 0.495 -0.005 2175.7 0.496 9.22 — 337.4
0.070 0.025 — — 0177 PASUKGB 0.030 — — — — — 24.4
1.191 0.743 0.865 0.835 0090 ELSOFT 0.850 -0.015 393.4 0.847 28.43 4.41 569.0 0.220 0.100 0.190 0.180 0038 PTB 0.185 -0.005 559.1 0.185 — — 34.5
2.680 0.861 2.590 2.510 0128 FRONTKN 2.530 0.020 3453.4 2.551 38.05 0.71 2,665.2 0.315 0.220 0.300 0.265 0217 PWRWELL 0.295 0.030 61401.5 0.285 11.80 — 171.3
0.100 0.030 — — 9377 FSBM 0.060 — — — — — 8.5 0.270 0.165 0.195 0.190 0196 QES 0.190 Unch 792.1 0.193 28.36 — 144.1
1.800 1.240 1.600 1.570 0021 GHLSYS 1.580 0.020 212.6 1.583 41.91 — 1,183.8 0.075 0.035 0.050 0.040 0133 SANICHI 0.045 Unch 12533.5 0.045 — — 49.9
0.775 0.305 0.755 0.700 0082 GPACKET 0.740 0.030 5345.5 0.731 — — 690.8 0.150 0.095 0.105 0.100 0161 SCH 0.100 -0.005 1.5 0.100 9.52 — 55.6
0.300 0.191 0.260 0.250 0056 GRANFLO 0.260 0.005 334.1 0.255 16.99 1.92 129.4 0.982 0.643 0.765 0.750 0001 SCOMNET 0.760 0.005 285.2 0.758 28.79 1.32 488.7
2.480 1.460 2.420 2.390 7022 GTRONIC 2.400 UNCH 1820.3 2.407 30.77 1.25 1,606.7 0.290 0.130 — — 0028 SCOPE 0.190 — — — — 2.63 119.5
1.440 0.645 1.260 1.200 5028 HTPADU 1.200 -0.020 2138.5 1.231 — — 121.5 0.155 0.075 0.115 0.100 0055 SERSOL 0.105 Unch 605.2 0.105 — — 22.6
2.068 1.235 1.780 1.730 0166 INARI 1.740 -0.030 7972.7 1.751 30.96 2.82 5,629.6 1.330 0.595 1.330 1.130 0215 SLVEST 1.290 0.140 38899.4 1.239 33.95 — 503.9
0.308 0.250 0.295 0.285 0192 INTA 0.285 -0.005 808.1 0.287 6.13 2.42 152.5 0.580 0.230 0.260 0.250 0211 TASHIN 0.255 -0.010 237.5 0.256 12.75 — 89.0
0.130 0.070 0.100 0.085 9393 ITRONIC 0.100 0.010 13.1 0.085 — — 13.3 0.575 0.237 0.545 0.530 0084 TECFAST 0.540 0.005 3445.2 0.536 38.57 1.85 123.2
0.365 0.157 0.340 0.325 5161 JCY 0.325 UNCH 12036.6 0.331 — 1.54 677.9 0.541 0.290 0.345 0.335 0089 TEXCYCL 0.340 Unch 211.9 0.340 14.47 1.76 87.1
12.000 6.621 10.300 10.000 9334 KESM 10.220 0.020 61.2 10.195 53.99 0.88 439.6 0.610 0.215 0.540 0.525 0162 WIDAD 0.530 Unch 5795.5 0.530 56.99 — 1,301.0
0.150 0.035 0.045 0.040 0143 KEYASIC 0.045 UNCH 95.6 0.044 — — 42.8 0.195 0.110 0.155 0.145 0025 YBS 0.145 0.005 384.9 0.148 28.43 — 35.1
TECHNOLOGY
0.405 0.310 — — 0302 MCOM 0.405 — — — — — 76.4 0.325 0.175 0.195 0.195 0181 AEMULUS 0.195 Unch 196.5 0.195 — 1.03 107.1
2.080 0.959 1.990 1.970 5286 MI 1.970 -0.020 691.4 1.978 30.21 2.03 1,477.5 0.265 0.075 0.240 0.215 0119 APPASIA 0.220 -0.005 4230.1 0.229 1100 — 76.0
0.965 0.576 0.880 0.855 0113 MMSV 0.870 -0.010 816.7 0.868 31.18 2.30 177.3 0.300 0.095 0.100 0.100 0068 ASDION 0.100 Unch 20.5 0.100 — — 12.8
12.960 8.254 11.340 11.240 3867 MPI 11.280 0.020 131.8 11.269 17.45 2.84 2,367.5 0.600 0.200 0.565 0.545 0195 BINACOM 0.560 0.010 16646.8 0.556 35.90 1.79 148.0
1.810 1.020 1.290 1.240 5011 MSNIAGA 1.270 0.010 1.1 1.259 — — 76.7 0.313 0.180 — — 0191 CABNET 0.205 — — — 8.47 3.90 36.6
1.725 0.971 1.420 1.330 0138 MYEG 1.370 0.020 119802 1.383 20.15 1.39 4,940.6 0.195 0.075 0.095 0.085 0152 DGB 0.090 -0.005 68122 0.090 — — 70.7
0.257 0.115 0.120 0.115 0041 MYSCM 0.115 UNCH 267 0.120 — — 36.6 0.110 0.065 0.090 0.085 0131 DGSB 0.090 Unch 644.4 0.090 21.43 — 67.1
1.380 0.455 1.340 1.310 0083 NOTION 1.330 UNCH 4342.6 1.330 58.85 0.75 447.5 0.025 0.005 0.010 0.010 0154 EAH 0.010 Unch 132 0.010 — — 50.7
0.610 0.320 0.610 0.555 9008 OMESTI 0.600 0.050 12121.8 0.589 15.11 — 287.1 0.069 0.015 0.025 0.020 0107 EDUSPEC 0.020 Unch 422 0.024 — — 30.8
5.580 2.084 5.150 5.050 7160 PENTA 5.100 0.030 602.6 5.115 30.50 — 2,421.9 2.015 1.030 1.490 1.450 0104 GENETEC 1.490 0.050 116.6 1.477 90.30 3.36 63.0
0.650 0.330 0.420 0.405 5204 PRESBHD 0.415 -0.005 2248.4 0.413 — 4.10 200.9 0.100 0.045 — — 0045 GNB 0.055 — — — — — 15.9
0.580 0.345 0.450 0.425 9075 THETA 0.450 -0.005 26 0.428 — — 48.3 3.440 0.635 3.440 3.240 0208 GREATEC 3.440 0.100 3771 3.361 42.26 — 2,153.4
0.025 0.005 0.010 0.005 0118 TRIVE 0.010 UNCH 59.3 0.005 — — 24.5 0.035 0.015 0.025 0.025 0174 IDMENSN 0.025 Unch 32.5 0.025 — — 6.8
0.570 0.214 0.440 0.430 0023 IFCAMSC 0.435 Unch 5347.1 0.435 22.89 2.30 264.6
0.200 0.100 — — 4359 TURIYA 0.120 — — — — — 27.4 0.120 0.035 0.040 0.040 0094 INIX 0.040 -0.005 129 0.040 — — 11.9
3.040 1.893 2.220 2.210 5005 UNISEM 2.220 0.030 34.7 2.216 39.57 4.05 1,629.1 0.195 0.125 0.130 0.125 0010 IRIS 0.125 Unch 1222.1 0.128 9.84 — 370.8
3.390 0.726 3.180 3.130 5292 UWC 3.130 -0.060 2443.7 3.150 27.38 0.96 1,722.1 0.275 0.150 0.210 0.205 0209 ISTONE 0.205 Unch 1438.6 0.205 18.81 — 250.4
9.570 6.506 9.010 8.810 0097 VITROX 8.950 -0.030 479.7 8.926 46.13 0.61 4,215.8 1.770 0.695 1.730 1.700 0146 JFTECH 1.730 0.030 138.8 1.722 180.21 0.29 363.3
1.670 0.925 1.410 1.380 5162 VSTECS 1.390 -0.010 454.7 1.393 9.21 3.60 250.2 1.780 1.040 1.520 1.470 0127 JHM 1.490 Unch 728.8 1.480 24.11 1.34 830.8
0.645 0.325 0.555 0.540 0008 WILLOW 0.550 0.005 266.4 0.548 18.09 1.82 272.8 0.285 0.185 0.205 0.205 0111 K1 0.205 -0.005 461 0.205 20.10 — 149.4
UTILITIES 0.050 0.030 — — 0036 KGROUP 0.030 — — — — — 15.6
0.245 0.105 0.220 0.215 7471 EDEN 0.220 0.005 4683.2 0.217 21.78 — 88.7 0.960 0.501 0.900 0.880 0176 KRONO 0.890 Unch 7729.6 0.889 18.86 2.25 435.5
2.908 2.570 2.840 2.830 5209 GASMSIA 2.830 0.010 379.7 2.830 19.83 4.88 3,633.7 0.160 0.030 0.040 0.035 0018 LAMBO 0.040 Unch 520.1 0.038 6.90 — 84.1
0.910 0.763 0.870 0.860 5264 MALAKOF 0.860 -0.010 1176 0.865 14.65 6.91 4,300.0 0.420 0.250 0.280 0.265 0075 LYC 0.280 0.010 1091.7 0.268 — — 95.3
5.590 3.261 5.310 5.250 3069 MFCB 5.310 0.010 503.9 5.271 21.38 0.75 2,357.4 0.055 0.035 0.040 0.040 0017 M3TECH 0.040 Unch 1.8 0.040 — — 25.8
1.225 1.020 1.050 1.040 5041 PBA 1.040 -0.010 20 1.045 — 2.53 344.5 0.285 0.104 0.220 0.210 0155 MGRC 0.215 0.005 81.7 0.214 — — 22.3
18.000 13.804 16.340 16.180 6033 PETGAS 16.320 0.020 562 16.291 18.27 4.41 32,292.9 0.945 0.305 0.945 0.940 0126 MICROLN 0.940 Unch 76 0.940 25.54 — 173.1
0.275 0.175 0.185 0.185 0112 MIKROMB 0.185 -0.005 35 0.185 18.50 4.32 109.0
1.414 0.920 1.010 0.995 5272 RANHILL 1.000 UNCH 68.2 1.004 21.37 4.67 1,072.9 0.075 0.025 0.035 0.030 0085 MLAB 0.035 0.005 53.3 0.030 — — 27.0
0.298 0.200 0.210 0.205 8567 SALCON 0.205 UNCH 1995.1 0.205 — — 173.7 0.400 0.200 0.280 0.280 0034 MMAG 0.280 -0.005 50 0.280 — — 201.1
0.979 0.815 0.865 0.855 8524 TALIWRK 0.860 UNCH 3117.3 0.860 11.53 5.58 1,733.6 0.125 0.015 0.015 0.015 0103 MNC 0.015 -0.005 0.1 0.015 — — 17.1
14.000 10.994 12.700 12.580 5347 TENAGA 12.680 0.100 1660 12.648 19.27 4.18 72,109.7 0.145 0.090 0.100 0.095 0156 MPAY 0.095 -0.005 205 0.099 — — 67.5
1.197 0.820 0.985 0.970 4677 YTL 0.975 UNCH 2057.7 0.976 79.27 4.10 10,747.2 0.050 0.015 0.020 0.015 0070 MQTECH 0.020 Unch 202 0.015 — — 13.7
0.881 0.639 0.730 0.705 6742 YTLPOWR 0.715 -0.005 16940.8 0.714 13.10 6.99 5,833.1 0.200 0.050 0.185 0.175 0092 MTOUCHE 0.180 Unch 52674.7 0.181 — — 91.5
CLOSED-END FUNDS 0.972 0.655 0.720 0.710 0108 N2N 0.710 Unch 18.5 0.715 22.98 2.82 424.5
2.490 2.250 — — 5108 ICAP 2.280 — — — 84.44 — 319.2 0.025 0.005 0.020 0.015 0020 NETX 0.020 Unch 18075 0.020 — — 75.8
EXCHANGE TRADED FUNDS 0.020 0.010 0.010 0.010 0096 NEXGRAM 0.010 -0.005 1987.6 0.010 — — 20.7
1.260 1.100 — — 0800EA ABFMY1 1.255 — — — — 1.27 1,622.6 0.150 0.045 0.050 0.045 0026 NOVAMSC 0.045 Unch 2263.1 0.046 — — 33.8
6.460 5.220 6.350 6.340 0829EA CHINAETF-MYR 6.340 UNCH 3.7 6.344 — — 10.4 0.840 0.435 0.740 0.720 0035 OPCOM 0.730 0.005 2921.2 0.730 — — 117.7
1.345 1.345 — — 0829EB CHINAETF-USD 1.345 — — — — — 0.9 0.410 0.291 0.360 0.360 0040 OPENSYS 0.360 Unch 143.1 0.360 10.78 4.86 107.2
4.070 3.140 — — 0831EA FANG-1XI 3.140 — — — — — 2.2 0.230 0.065 0.085 0.070 0079 ORION 0.080 0.010 9380.4 0.079 72.73 — 56.6
0.390 0.250 — — 0006 PINEAPP 0.300 — — — — — 14.6
6.020 3.950 — — 0830EA FANG-2XL 5.960 — — — — — 2.1 0.090 0.040 0.045 0.040 0123 PRIVA 0.045 Unch 127.9 0.045 — — 25.1
1.815 1.650 — — 0820EA FBMKLCI-EA 1.690 — — — — 1.95 2.8 1.530 0.705 1.400 1.370 0200 REVENUE 1.380 0.010 1820.7 1.380 53.70 — 537.4
2.080 1.840 — — 0833EA HSCEI-1XI 2.000 — — — — — 1.2 0.715 0.555 — — 0106 REXIT 0.595 — — — 12.88 5.04 112.7
2.260 1.800 2.010 2.010 0832EA HSCEI-2XL 2.010 UNCH 106.5 2.010 — — 0.7 0.355 0.200 0.295 0.290 0202 RGTECH 0.295 Unch 280.1 0.290 40.97 — 154.9
2.195 2.005 — — 0835EA KLCI1XI 2.080 — — — — — 2.1 0.310 0.110 0.220 0.210 0178 SEDANIA 0.215 -0.005 1373.8 0.215 — — 53.8
2.000 1.790 — — 0834EA KLCI2XL 1.870 — — — — — 1.9 0.267 0.140 0.160 0.145 0203 SMETRIC 0.150 Unch 39108.5 0.151 — — 73.1
1.045 0.940 — — 0826EA METFAPA 0.945 — — — — — 17.0 0.125 0.075 0.085 0.080 0117 SMRT 0.085 Unch 81.3 0.083 — — 34.6
1.000 0.775 — — 0825EA METFSID 0.790 — — — — 2.52 69.5 0.280 0.065 0.090 0.085 0169 SMTRACK 0.090 Unch 200 0.087 — — 15.9
1.390 1.015 1.390 1.345 0827EA METFUS50 1.390 UNCH 1.2 1.379 — — 16.0 0.130 0.080 0.090 0.090 0093 SOLUTN 0.090 Unch 3 0.090 — — 27.6
1.150 1.020 1.090 1.080 0821EA MYETFDJ 1.090 0.020 93 1.083 — 2.24 283.3 0.355 0.195 0.350 0.345 0129 SRIDGE 0.350 Unch 2936.1 0.350 — — 49.6
1.185 1.040 1.160 1.160 0824EA MYETFID 1.160 -0.020 9.4 1.160 — 2.38 35.3 0.270 0.150 0.150 0.150 0050 SYSTECH 0.150 -0.005 4 0.150 — 1.33 52.2
1.950 1.710 — — 0822EA PAM-A40M 1.770 — — — — 3.87 4.8 0.100 0.045 — — 0132 TDEX 0.055 — — — — — 32.5
1.690 1.470 — — 0823EA PAM-C50 1.610 — — — — — 11.5 0.140 0.040 0.085 0.080 0145 TFP 0.085 0.005 624 0.080 — — 17.7
REAL ESTATE INVESTMENT TRUSTS 0.300 0.120 0.125 0.120 0005 UCREST 0.125 Unch 1176.9 0.123 — — 58.0
0.330 0.075 0.080 0.075 0060 VC 0.075 Unch 429 0.076 — — 35.7
0.820 0.708 0.785 0.785 4952 AHP 0.785 0.005 7 0.785 13.51 7.32 172.7 0.775 0.305 0.725 0.700 0120 VIS 0.710 Unch 4274 0.713 23.67 1.41 120.8
1.592 1.164 1.380 1.370 5116 ALAQAR 1.370 0.020 33.5 1.378 10.99 1.04 1,008.3 0.025 0.015 0.025 0.020 0069 VIVOCOM 0.020 -0.005 1212.4 0.020 — — 113.3
0.887 0.742 0.860 0.820 5269 ALSREIT 0.820 -0.025 21.7 0.824 11.44 0.07 475.6 0.255 0.035 0.040 0.035 0066 VSOLAR 0.040 0.005 687.5 0.039 — — 16.4
0.505 0.456 0.495 0.490 5120 AMFIRST 0.490 UNCH 135.3 0.493 16.39 8.00 336.3 0.045 0.035 — — 0141 WINTONI 0.035 — — — — — 18.0
0.818 0.710 0.750 0.740 5127 ARREIT 0.745 UNCH 389.5 0.747 32.25 7.92 427.0 0.200 0.105 0.165 0.145 0086 YGL 0.165 0.020 2540.6 0.159 — — 38.3
1.204 1.020 1.080 1.080 5130 ATRIUM 1.080 UNCH 17 1.080 33.13 6.06 221.0 TELECOMMUNICATIONS & MEDIA
1.970 1.551 1.970 1.920 5106 AXREIT 1.960 0.040 1857.3 1.957 11.80 3.77 2,813.1 0.600 0.200 0.565 0.545 0195 BINACOM 0.560 0.010 16646.8 0.556 35.90 1.79 148.0
1.071 0.936 0.980 0.970 5180 CMMT 0.980 0.005 1507.7 0.977 27.61 6.38 2,010.7 0.625 0.400 — — 0147 INNITY 0.435 — — — 14.70 — 60.5
1.094 0.936 0.980 0.975 5121 HEKTAR 0.975 UNCH 79.9 0.977 13.64 8.29 450.4 0.055 0.035 0.040 0.040 0017 M3TECH 0.040 Unch 1.8 0.040 — — 25.8
2.035 1.634 2.000 1.960 5227 IGBREIT 1.990 0.010 3694 1.997 22.33 4.59 7,068.1 0.125 0.015 0.015 0.015 0103 MNC 0.015 -0.005 0.1 0.015 — — 17.1
0.915 0.733 0.915 0.900 5280 KIPREIT 0.915 0.005 144.6 0.911 9.90 6.71 462.3 0.200 0.050 0.185 0.175 0092 MTOUCHE 0.180 Unch 52674 0.181 — — 91.5
8.166 7.291 8.120 8.020 5235SS KLCC 8.090 0.040 532.1 8.074 18.48 4.70 14,605.1 0.020 0.010 0.010 0.010 0096 NEXGRAM 0.010 -0.005 1987.6 0.010 — — 20.7
1.042 0.850 0.920 0.905 5123 MQREIT 0.910 0.005 2134.5 0.910 33.33 7.47 975.3 0.840 0.435 0.740 0.720 0035 OPCOM 0.730 0.005 2921.2 0.730 — — 117.7
0.090 0.040 0.045 0.040 0123 PRIVA 0.045 Unch 127.9 0.045 — — 25.1
1.845 1.641 1.820 1.710 5212 PAVREIT 1.800 0.070 1848.1 1.768 20.83 4.72 5,478.0 0.115 0.035 0.045 0.045 0007 PUC 0.045 Unch 3507 0.045 10.98 — 106.8
1.949 1.631 1.920 1.880 5176 SUNREIT 1.900 0.020 7487.4 1.900 14.35 5.06 5,595.6 0.610 0.190 0.535 0.520 0032 REDTONE 0.525 Unch 4172.1 0.527 15.35 — 398.6
0.883 0.755 0.780 0.770 5111 TWRREIT 0.775 UNCH 18 0.774 17.57 6.68 217.4 0.255 0.105 — — 0173 REV 0.110 — — — — — 14.8
1.368 1.162 1.230 1.220 5110 UOAREIT 1.230 UNCH 919.3 1.230 23.34 7.41 520.1 0.310 0.110 0.220 0.210 0178 SEDANIA 0.215 -0.005 1373.8 0.215 — — 53.8
1.380 1.177 1.330 1.300 5109 YTLREIT 1.300 -0.020 555.5 1.310 16.69 5.82 2,215.7 0.355 0.195 0.350 0.345 0129 SRIDGE 0.350 Unch 2936.1 0.350 — — 49.6
SPAC 0.060 0.030 0.040 0.030 0165 XOX 0.035 Unch 5831 0.035 — — 38.2
0.505 0.505 — — 5270 RSENA 0.505 — — — — — 505.0 FINANCIAL SERVICES
ENERGY 0.095 0.040 0.045 0.045 0150 FINTEC 0.045 Unch 214.2 0.045 0.32 — 35.4
0.200 0.079 0.155 0.140 5115 ALAM 0.150 0.010 42004.2 0.146 — — 165.0 0.580 0.390 — — 0053 OSKVI 0.520 — — — — — 102.8
0.555 0.150 0.410 0.370 5210 ARMADA 0.395 0.015 105346 0.394 — — 2,321.2 HEALTH CARE
0.145 0.020 0.025 0.020 7251 BARAKAH 0.025 UNCH 1140.6 0.024 — — 20.9 0.425 0.130 0.330 0.315 0163 CAREPLS 0.315 Unch 11685 0.321 — — 167.4
1.470 0.562 1.220 1.140 5257 CARIMIN 1.210 0.060 3734.8 1.187 10.08 2.48 283.0 0.260 0.090 0.220 0.205 0182 LKL 0.215 0.005 5511.6 0.213 — — 92.2
1.510 0.880 1.330 1.320 5071 COASTAL 1.330 -0.020 20.2 1.326 33.50 — 711.9 0.285 0.104 0.220 0.210 0155 MGRC 0.215 0.005 81.7 0.214 — — 22.3
0.658 0.407 0.550 0.535 0201 NOVA 0.545 -0.005 59.6 0.547 14.65 2.02 173.2
0.020 0.005 0.005 0.005 0091 DAYA 0.005 UNCH 410 0.005 — — 10.2 TRANSPORTATION & LOGISTICS
2.950 0.683 2.840 2.790 5141 DAYANG 2.800 -0.020 10542.8 2.808 11.28 — 2,971.6 0.105 0.050 0.055 0.055 0048 ANCOMLB 0.055 Unch 244.7 0.055 — — 26.0
1.223 0.786 0.915 0.875 5132 DELEUM 0.890 0.005 475.4 0.895 11.15 4.10 357.4 0.285 0.195 0.225 0.220 0080 STRAITS 0.220 -0.005 400.1 0.220 20.18 — 143.1
3.539 2.906 3.470 3.410 7277 DIALOG 3.450 0.060 8224.8 3.437 33.17 1.10 19,463.7 0.493 0.295 0.305 0.305 0199 TRIMODE 0.305 Unch 12.3 0.305 19.30 2.46 50.6
0.510 0.320 0.410 0.385 7253 HANDAL 0.410 0.020 876.5 0.398 — — 89.7 CONSTRUCTION
6.480 3.360 3.990 3.410 4324 HENGYUAN 3.880 0.500 1415.3 3.792 87.19 — 1,164.0 0.690 0.233 0.685 0.665 0198 GDB 0.670 0.005 4304.5 0.675 15.76 2.99 418.8
1.240 0.790 0.905 0.885 5199 HIBISCS 0.895 -0.010 1923.4 0.898 9.73 — 1,421.5 0.310 0.230 0.275 0.275 0206 NADIBHD 0.275 Unch 765 0.275 7.83 — 207.1
0.300 0.085 0.100 0.095 2739 HUAAN 0.100 UNCH 4764.5 0.096 — — 112.2 0.050 0.020 — — 0109 SCBUILD 0.025 — — — 10.42 — 22.1
0.950 0.120 0.240 0.200 5255 ICON 0.235 0.020 191.1 0.220 — — 558.8 PLANTATION
0.475 0.085 0.265 0.250 7164 KNM 0.260 UNCH 31414.1 0.259 — — 687.6 0.100 0.065 0.075 0.075 0189 MATANG 0.075 Unch 10 0.075 107.14 2.00 135.8
0.970 0.615 0.805 0.790 5186 MHB 0.790 UNCH 321.5 0.797 — — 1,264.0 UTILITIES
1.833 0.387 1.250 1.130 5133 PENERGY 1.250 0.130 618.4 1.222 6.49 3.20 402.2 0.347 0.172 0.215 0.210 0011 BTECH 0.215 0.005 350.8 0.214 13.69 7.44 54.2
* Volume Weighted Average Price # PE is calculated based on latest 12 months reported Earnings Per Share
2 8 Markets M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY

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

Bursa Malaysia Equity Derivatives YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE
Main Market & Ace Market Warrants 0.245 0.045 0.050 0.045 0039WC GFM-WC 0.050 Unch 1045.6 0.250 0.380 72.00 28/01/2022
0.350 0.070 0.345 0.300 0082WB GPACKET-WB 0.345 0.035 7400 0.740 0.400 0.68 24/11/2023
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY 0.070 0.020 0.040 0.035 7096WA GPA-WA 0.040 0.005 40 0.090 0.100 55.56 03/06/2025
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE 0.235 0.175 0.210 0.210 7022C4 GTRONIC-C4 0.210 -0.005 200 2.400 2.000 9.58 09/11/2020
0.415 0.020 0.075 0.075 70350 A50CHIN-C50 0.075 -0.005 5 7.722 8.268 8.52 31/03/2020 0.240 0.110 0.215 0.215 7022CZ GTRONIC-CZ 0.215 0.005 8.8 2.400 1.880 5.21 30/06/2020
0.545 0.130 0.310 0.310 70354 A50CHIN-C54 0.310 0.015 1350 7.722 8.001 9.63 30/06/2020 0.285 0.025 0.265 0.260 7676WB GUNUNG-WB 0.260 -0.005 1276.8 0.605 0.400 9.09 02/10/2020
0.410 0.070 0.200 0.190 70337 A50CHIN-H37 0.190 -0.015 1475 7.722 7.467 0.39 29/04/2020 0.180 0.040 0.110 0.100 516828 HARTA-C28 0.110 0.010 1916 6.170 5.500 -0.16 30/04/2020
0.730 0.550 0.565 0.550 70341 A50CHIN-H41 0.555 -0.005 2097.8 7.722 8.001 14.39 30/09/2020 0.250 0.120 0.205 0.205 516830 HARTA-C30 0.205 Unch 48 6.170 5.180 3.89 31/07/2020
0.075 0.005 0.005 0.005 5238WA AAX-WA 0.005 Unch 580 0.125 0.460 272.00 08/06/2020 0.230 0.115 0.205 0.205 516831 HARTA-C31 0.205 0.005 109 6.170 5.280 5.51 28/08/2020
0.225 0.005 0.005 0.005 6599CR AEON-CR 0.005 -0.005 100 0.665 1.450 119.55 31/03/2020 0.185 0.065 0.135 0.130 516832 HARTA-C32 0.135 0.005 420 6.170 5.700 4.42 30/04/2020
0.050 0.030 0.040 0.035 50991A AIRASIAC1A 0.035 Unch 3025.3 1.200 1.720 52.08 27/10/2020 0.295 0.180 0.250 0.250 516833 HARTA-C33 0.250 Unch 45 6.170 5.200 8.59 07/12/2020
0.050 0.045 0.050 0.045 50991B AIRASIAC1B 0.045 Unch 1462.5 1.200 1.450 32.08 11/09/2020 0.105 0.070 0.100 0.100 516834 HARTA-C34 0.100 Unch 10 6.170 6.000 6.97 30/11/2020
0.100 0.005 0.005 0.005 509988 AIRASIAC88 0.005 Unch 10 1.190 2.053 73.49 29/05/2020 0.115 0.095 0.115 0.110 516835 HARTA-C35 0.110 Unch 3126.2 6.170 6.500 23.18 27/10/2020
0.100 0.005 0.005 0.005 509992 AIRASIAC92 0.005 -0.015 9 1.200 1.950 63.58 31/03/2020 0.295 0.200 0.235 0.235 7105WA HCK-WA 0.235 Unch 30 1.230 0.960 -2.85 26/09/2027
0.105 0.005 0.010 0.010 509994 AIRASIAC94 0.010 0.005 7755.3 1.200 1.980 67.50 30/10/2020 0.080 0.025 0.030 0.025 432411 HENGYUANC11 0.030 Unch 150 3.880 5.600 51.29 30/04/2020
0.060 0.005 0.005 0.005 509996 AIRASIAC96 0.005 -0.010 39 0.404 2.350 484.65 15/05/2020 0.090 0.020 0.035 0.030 432412 HENGYUANC12 0.035 0.015 960 3.880 6.000 60.05 07/09/2020
0.045 0.025 0.030 0.025 509998 AIRASIAC98 0.030 Unch 9164.1 1.200 1.680 46.25 30/11/2020 0.110 0.030 0.060 0.030 432413 HENGYUANC13 0.055 0.025 3239.8 3.880 4.200 21.01 07/08/2020
0.050 0.025 0.035 0.030 509999 AIRASIAC99 0.035 0.005 1231 1.200 1.650 43.33 30/10/2020 0.100 0.035 0.040 0.040 5072WB HIAPTEK-WB 0.040 Unch 198 0.205 0.500 163.41 23/06/2021
0.110 0.065 0.100 0.090 501415 AIRPORT-C15 0.100 -0.010 120 7.000 7.700 21.43 30/11/2020 0.210 0.080 0.110 0.110 519913 HIBISCS-C13 0.110 -0.005 40 0.895 0.850 13.41 19/06/2020
0.115 0.075 0.110 0.105 501416 AIRPORT-C16 0.110 Unch 51.1 7.000 7.500 17.36 14/08/2020 0.180 0.045 0.075 0.075 519914 HIBISCS-C14 0.075 0.020 50 0.895 1.000 20.11 30/07/2020
0.115 0.040 0.050 0.040 7609WA AJIYA-WA 0.050 0.010 150 0.430 0.920 125.58 28/08/2021 0.535 0.160 0.180 0.175 5199WC HIBISCS-WC 0.180 0.005 557.9 0.895 1.060 38.55 19/03/2021
0.080 0.035 0.060 0.050 5115WA ALAM-WA 0.055 0.005 33564.7 0.150 0.120 16.67 28/03/2022 0.120 0.035 0.035 0.035 5819CP HLBANK-CP 0.035 Unch 100 15.080 17.280 18.07 30/09/2020
0.195 0.030 0.160 0.140 0119WA APPASIA-WA 0.150 Unch 1123.2 0.220 0.130 27.27 23/12/2024 0.165 0.030 0.155 0.140 0188WA HLT-WA 0.145 Unch 5800.6 0.270 0.200 27.78 27/12/2022
0.025 0.015 — — 7007WB ARK-WB 0.025 — — 0.155 1.000 561.29 30/06/2021 0.315 0.125 0.160 0.155 5160WB HOMERIZ-WB 0.160 Unch 178 0.630 0.540 11.11 03/07/2022
0.630 0.090 0.360 0.330 521051 ARMADA-C51 0.360 0.060 180 0.395 0.235 5.06 30/06/2020 0.017 0.005 — — 50410 HSBC-C10 0.005 — — 2.561 36.804 1,339 20/02/2020
0.285 0.075 0.130 0.110 521053 ARMADA-C53 0.130 0.020 170 0.395 0.280 3.80 27/04/2020 0.010 0.005 — — 7013WB HUBLINE-WB 0.005 — — 0.050 0.200 310.00 20/12/2020
0.275 0.110 0.155 0.155 521054 ARMADA-C54 0.155 0.025 40 0.395 0.320 20.25 30/10/2020 0.830 0.290 0.640 0.640 9687WB IDEAL-WB 0.640 Unch 0.5 1.670 1.000 -1.80 30/03/2021
0.180 0.040 0.070 0.055 521056 ARMADA-C56 0.070 0.015 5583.7 0.395 0.480 39.24 21/09/2020 0.005 0.005 — — 0174WA IDMENSN-WA 0.005 — — 0.025 0.200 720.00 14/07/2020
0.130 0.030 0.050 0.050 521057 ARMADA-C57 0.050 0.010 0.1 0.395 0.480 40.51 28/07/2020 0.120 0.065 0.085 0.085 522515 IHH-C15 0.085 0.010 480 5.810 5.600 3.70 15/05/2020
0.070 0.015 0.025 0.025 521058 ARMADA-C58 0.025 0.005 200 0.395 0.680 81.65 30/07/2020 0.130 0.080 0.125 0.125 333634 IJM-C34 0.125 Unch 20 2.300 2.100 7.61 30/07/2020
0.035 0.005 0.010 0.005 0105WA ASIAPLY-WA 0.010 0.005 28.6 0.055 0.100 100.00 13/12/2020 0.105 0.090 0.105 0.105 333635 IJM-C35 0.105 Unch 1830 2.300 2.200 13.91 30/11/2020
0.155 0.020 0.030 0.030 639918 ASTRO-C18 0.030 0.010 20.1 1.250 1.400 15.60 30/06/2020 0.140 0.035 0.045 0.045 16647 INARI-C47 0.045 -0.005 61.4 1.740 1.780 10.06 30/04/2020
0.285 0.125 0.140 0.135 7579WA AWC-WA 0.135 Unch 61.2 0.550 0.880 84.55 25/12/2023 0.180 0.035 0.060 0.055 16649 INARI-C49 0.060 -0.005 240.2 1.740 1.650 5.17 27/04/2020
0.160 0.005 — — 688842 AXIATA-C42 0.005 — — 1.400 5.600 302.14 31/03/2020 0.160 0.095 0.120 0.105 16655 INARI-C55 0.115 -0.005 2825.4 1.740 1.600 11.78 19/06/2020
0.155 0.070 0.090 0.085 688846 AXIATA-C46 0.090 Unch 300 4.400 4.000 3.18 31/03/2020 0.090 0.050 0.060 0.060 16656 INARI-C56 0.060 -0.005 300 1.740 2.150 33.22 14/08/2020
0.140 0.060 0.075 0.070 688850 AXIATA-C50 0.075 Unch 560 4.400 4.680 12.84 15/05/2020 0.180 0.125 0.145 0.135 16657 INARI-C57 0.135 -0.010 490 1.740 1.700 20.98 30/11/2020
0.330 0.130 0.155 0.155 7078WA AZRB-WA 0.155 Unch 10 0.370 0.630 112.16 13/05/2024 0.125 0.040 0.065 0.065 196122 IOICORP-C22 0.065 -0.005 0.3 4.550 4.300 0.22 31/03/2020
0.485 0.265 0.380 0.380 0098WA BAHVEST-WA 0.380 Unch 1376.6 0.565 0.430 43.36 20/08/2024 0.140 0.085 0.090 0.090 196123 IOICORP-C23 0.090 -0.005 0.8 4.550 4.500 6.81 09/11/2020
0.140 0.005 0.005 0.005 4162CS BAT-CS 0.005 Unch 50 11.800 19.800 69.07 22/05/2020 0.080 0.020 0.020 0.020 5249CW IOIPG-CW 0.020 -0.005 100 1.140 1.280 15.79 30/04/2020
0.165 0.010 0.015 0.010 4162CT BAT-CT 0.015 0.005 320 11.800 18.000 55.08 28/08/2020 0.020 0.005 — — 0024WB JAG-WB 0.005 — — 0.035 0.150 342.86 15/11/2020
0.115 0.020 0.035 0.030 4162CU BAT-CU 0.035 Unch 7091.9 11.800 16.000 43.01 09/11/2020 1.260 0.275 1.190 1.150 4723WB JAKS-WB 1.180 0.010 579.6 1.460 0.640 24.66 13/12/2023
0.130 0.085 0.105 0.085 4162CV BAT-CV 0.100 0.005 3740.6 11.800 12.000 14.41 27/10/2020 0.170 0.070 0.080 0.075 0111WC K1-WC 0.080 0.005 21.2 0.205 0.300 85.37 30/12/2021
0.050 0.040 0.050 0.040 4162CW BAT-CW 0.050 0.005 171.8 11.800 14.500 35.59 09/10/2020 0.060 0.020 0.025 0.020 7161CL KERJAYA-CL 0.020 -0.005 520 1.300 1.600 27.69 13/04/2020
0.095 0.050 0.055 0.050 5248C7 BAUTO-C7 0.050 -0.010 200 1.890 2.200 23.02 26/08/2020 0.010 0.005 — — 0036WB KGROUP-WB 0.005 — — 0.030 0.200 583.33 01/05/2020
0.105 0.085 0.095 0.095 5248C8 BAUTO-C8 0.095 -0.005 200 1.890 2.000 20.90 30/11/2020 0.105 0.050 0.065 0.065 2445C4 KLK-C4 0.065 0.010 199.7 23.539 23.300 7.27 07/08/2020
0.395 0.225 0.240 0.235 5258WA BIMB-WA 0.235 Unch 84.1 3.940 4.720 25.76 04/12/2023 0.475 0.170 0.300 0.260 5027WB KMLOONG-WB 0.280 -0.030 0.5 1.310 1.400 28.24 10/04/2025
0.095 0.050 0.050 0.050 0179WA BIOHLDG-WA 0.050 Unch 448.2 0.165 0.220 63.64 05/01/2022 0.315 0.005 0.010 0.005 7164WB KNM-WB 0.005 -0.005 3217 0.260 1.000 286.54 21/04/2020
0.070 0.030 0.035 0.035 3239WB BJASSET-WB 0.035 0.005 39 0.300 0.350 28.33 09/06/2023 0.125 0.040 0.085 0.085 7153C2 KOSSAN-C2 0.085 Unch 70 4.880 4.600 4.71 13/04/2020
0.055 0.020 0.025 0.020 3395WB BJCORP-WB 0.025 Unch 11.6 0.240 1.000 327.08 22/04/2022 0.190 0.075 0.145 0.145 7153C3 KOSSAN-C3 0.145 0.005 26 4.880 4.500 8.56 28/07/2020
0.080 0.040 0.045 0.045 3395WC BJCORP-WC 0.045 0.005 1 0.240 1.000 335.42 29/05/2026 0.060 0.030 0.035 0.035 5878CV KPJ-CV 0.035 Unch 70 0.975 0.980 7.69 29/05/2020
0.020 0.010 0.015 0.010 7036WC BORNOIL-WC 0.015 Unch 75.2 0.045 0.070 88.89 08/11/2025 0.030 0.005 0.020 0.015 5172WA KSTAR-WA 0.020 0.010 929.3 0.080 0.080 25.00 10/04/2021
0.025 0.015 0.020 0.015 7036WD BORNOIL-WD 0.020 Unch 36.5 0.045 0.070 100.00 29/05/2027 0.035 0.005 0.010 0.005 0018WB LAMBO-WB 0.010 Unch 999.1 0.040 0.160 325.00 29/04/2024
0.045 0.025 0.030 0.025 5932WA BPURI-WA 0.030 Unch 275 0.085 0.100 52.94 22/12/2022 0.245 0.110 0.135 0.130 9385WA LAYHONG-WA 0.135 Unch 230 0.405 0.400 32.10 13/10/2021
0.190 0.030 0.080 0.075 7188WB BTM-WB 0.080 Unch 221.4 0.155 0.200 80.65 23/10/2024 0.260 0.075 0.090 0.085 8494WB LBICAP-WB 0.090 Unch 250.1 0.565 0.500 4.42 24/06/2024
0.070 0.025 0.030 0.025 0191WA CABNET-WA 0.030 Unch 6.4 0.205 0.500 158.54 02/07/2021 0.250 0.025 0.025 0.025 5789WB LBS-WB 0.025 -0.010 1005.6 0.470 0.560 24.47 04/10/2020
0.380 0.150 0.215 0.210 7154WA CAELY-WA 0.210 -0.015 15 0.410 0.190 -2.44 22/04/2021 0.105 0.020 0.040 0.020 8745WB LEWEKO-WB 0.040 Unch 27.1 0.195 0.200 23.08 08/09/2020
0.155 0.080 0.080 0.080 7035WA CCK-WA 0.080 Unch 42.5 0.525 0.900 86.67 18/06/2023 0.085 0.035 0.085 0.080 8303WB LOTUS-WB 0.080 0.005 1926 0.140 0.100 28.57 25/11/2024
0.215 0.100 0.115 0.105 7187WA CHGP-WA 0.110 0.005 846.4 0.305 0.200 1.64 07/07/2023 0.045 0.020 0.045 0.045 5068WB LUSTER-WB 0.045 0.005 0.1 0.085 0.100 70.59 26/05/2023
0.210 0.090 0.095 0.090 102356 CIMB-C56 0.090 -0.005 1552 4.870 4.600 3.70 30/04/2020 0.050 0.005 — — 0140WA MACPIE-WA 0.005 — — 0.105 0.480 361.90 17/02/2021
0.145 0.070 0.080 0.075 285218 CMSB-C18 0.075 0.005 105 2.190 2.600 27.28 26/08/2020 0.030 0.005 — — 8583WC MAHSING-WC 0.005 — — 0.400 2.100 426.25 21/02/2020
0.065 0.010 0.055 0.040 0102WB CONNECT-WB 0.045 -0.015 569.2 0.110 0.100 31.82 07/06/2021 0.175 0.020 0.025 0.025 5236WA MATRIX-WA 0.025 -0.010 0.4 1.920 2.400 26.30 20/07/2020
0.650 0.110 0.480 0.430 8125WB DAIBOCI-WB 0.480 0.050 340.3 2.300 2.500 29.57 19/06/2022 0.165 0.060 0.085 0.080 601211 MAXIS-C11 0.085 0.005 50 5.630 5.280 2.84 30/04/2020
0.330 0.125 0.300 0.300 5141C1 DAYANG-C1 0.300 0.005 400 2.800 1.903 8.75 07/09/2020 0.125 0.025 0.025 0.025 601214 MAXIS-C14 0.025 Unch 1 5.630 5.580 1.33 28/02/2020
0.215 0.115 0.195 0.195 5141C3 DAYANG-C3 0.195 -0.010 34.8 2.800 2.280 9.29 30/07/2020 0.120 0.025 0.030 0.030 115561 MAYBANKC61 0.030 Unch 703.4 8.470 8.700 3.78 30/07/2020
0.190 0.120 0.170 0.170 5141C4 DAYANG-C4 0.170 Unch 400 2.800 2.350 14.29 26/08/2020 0.070 0.055 0.060 0.055 115565 MAYBANKC65 0.060 0.005 315.2 8.470 8.500 2.48 30/11/2020
0.260 0.195 0.235 0.230 5141C5 DAYANG-C5 0.235 0.005 600 2.800 2.200 12.14 07/12/2020 0.720 0.280 0.530 0.530 5152WA MBL-WA 0.530 0.010 66 1.340 0.800 -0.75 28/11/2022
0.455 0.150 0.415 0.415 5141CY DAYANG-CY 0.415 -0.030 15 2.800 1.789 6.20 30/10/2020 0.365 0.130 0.235 0.225 5983CJ MBMR-CJ 0.235 0.020 37 4.030 3.180 2.23 30/04/2020
0.015 0.005 0.015 0.010 7179WB DBE-WB 0.010 Unch 270 0.035 0.050 71.43 22/01/2022 0.185 0.030 0.035 0.035 5983CK MBMR-CK 0.035 0.005 30 4.030 4.600 18.05 31/03/2020
0.140 0.015 0.040 0.030 3484WA DBHD-WA 0.040 0.010 120.2 0.405 0.580 53.09 27/11/2020 0.050 0.045 0.045 0.045 117128 MBSB-C28 0.045 Unch 310.1 0.790 0.800 6.96 30/11/2020
0.040 0.005 0.010 0.005 0152WB DGB-WB 0.010 Unch 586 0.090 0.120 44.44 27/06/2021 0.120 0.010 0.105 0.085 0167WB MCLEAN-WB 0.095 0.010 1748.4 0.355 0.250 -2.82 07/10/2020
0.165 0.065 0.075 0.070 727746 DIALOG-C46 0.075 0.010 735 3.450 3.280 3.77 31/03/2020 0.165 0.030 0.145 0.130 3778WB MELEWAR-WB 0.130 -0.010 2840.5 0.295 0.400 79.66 18/08/2023
0.205 0.045 0.105 0.100 727747 DIALOG-C47 0.105 0.020 550 3.450 3.150 0.43 31/03/2020 0.105 0.015 — — 5040WA MERIDIAN-WA 0.030 — — 0.065 0.500 715.38 13/08/2021
0.105 0.050 0.050 0.050 727750 DIALOG-C50 0.050 -0.015 200 3.450 3.380 5.22 08/05/2020 0.030 0.005 — — 5040WB MERIDIAN-WB 0.005 — — 0.065 0.900 1,293 22/04/2022
0.100 0.035 0.060 0.060 727754 DIALOG-C54 0.060 0.005 10 3.450 3.500 6.67 28/08/2020 0.030 0.005 — — 5040WC MERIDIAN-WC 0.010 — — 0.065 0.800 1,147 24/08/2024
0.090 0.080 0.085 0.080 727755 DIALOG-C55 0.085 -0.005 162.6 3.450 3.500 11.30 12/10/2020 0.195 0.105 0.145 0.145 3069CH MFCB-CH 0.145 Unch 279.9 5.310 4.800 6.78 07/08/2020
0.140 0.005 — — 694729 DIGI-C29 0.005 — — 1.133 4.800 325.42 31/03/2020 0.190 0.140 0.165 0.165 3069CI MFCB-CI 0.165 -0.005 40 5.310 5.200 13.47 30/11/2020
0.040 0.015 0.015 0.015 0029WB DIGISTA-WB 0.015 Unch 18.7 0.035 0.260 685.71 04/04/2023 3.330 1.280 3.080 2.960 3069WA MFCB-WA 3.060 Unch 81 5.310 2.220 -0.56 08/04/2020
0.100 0.035 0.040 0.035 4456WD DNEX-WD 0.035 -0.005 3721.6 0.245 0.500 118.37 30/07/2021 0.570 0.180 0.290 0.270 3662WC MFLOUR-WC 0.290 0.010 158.2 0.605 0.680 60.33 23/01/2024
0.270 0.075 0.090 0.090 7114WA DNONCE-WA 0.090 Unch 15 0.295 0.250 15.25 25/11/2020 0.130 0.110 0.120 0.120 5286CG MI-CG 0.120 -0.005 625 1.970 2.080 23.86 30/11/2020
0.060 0.015 0.020 0.020 5265WA DOLPHIN-WA 0.020 -0.005 50 0.105 0.800 680.95 29/03/2021 0.135 0.030 0.080 0.075 5576WC MINHO-WC 0.080 Unch 640.2 0.305 0.320 31.15 02/08/2021
0.285 0.020 0.030 0.025 161979 DRBHCOMC79 0.030 0.005 514 2.280 2.200 0.44 28/02/2020 0.200 0.050 0.085 0.085 381623 MISC-C23 0.085 0.010 100 8.070 7.500 0.31 29/05/2020
0.195 0.005 — — 161986 DRBHCOMC86 0.005 — — 0.740 3.080 318.11 31/03/2020 0.140 0.050 — — 9571WE MITRA-WE 0.090 — — 0.275 0.940 274.55 17/04/2023
0.190 0.015 0.025 0.015 161989 DRBHCOMC89 0.025 0.005 70.2 2.280 2.700 21.71 30/06/2020 0.010 0.003 — — 0085WB MLAB-WB 0.005 — — 0.035 0.150 342.86 10/09/2020
0.065 0.005 0.005 0.005 161993 DRBHCOMC93 0.005 Unch 10 1.115 3.000 170.85 13/04/2020 0.180 0.055 0.085 0.085 0034WB MMAG-WB 0.085 Unch 10 0.280 0.200 1.79 27/11/2022
0.155 0.035 0.045 0.045 161994 DRBHCOMC94 0.045 Unch 30 2.280 2.600 19.56 30/04/2020 0.140 0.060 0.075 0.070 219418 MMCCORPC18 0.070 0.005 166 0.905 1.000 21.33 19/06/2020
0.175 0.050 0.075 0.070 161995 DRBHCOMC95 0.075 0.005 940 2.280 2.350 12.94 28/08/2020 0.005 0.001 — — 0103WA MNC-WA 0.005 — — 0.015 0.100 600.00 05/11/2021
0.155 0.115 0.125 0.120 161999 DRBHCOMC99 0.125 -0.005 850 2.280 2.200 12.94 17/07/2020 0.070 0.005 0.005 0.005 0103WB MNC-WB 0.005 -0.005 0.1 0.015 0.060 333.33 05/09/2024
0.375 0.135 0.305 0.285 521611 DSONIC-C11 0.290 -0.010 2681.6 1.510 1.000 4.64 30/07/2020 0.025 0.005 — — 0070WA MQTECH-WA 0.005 — — 0.020 0.100 425.00 21/11/2021
0.290 0.095 0.240 0.220 521612 DSONIC-C12 0.220 -0.005 187.8 1.510 1.180 7.28 30/07/2020 0.115 0.010 0.015 0.015 165154 MRCB-C54 0.015 Unch 180 0.680 0.830 24.93 31/03/2020
0.250 0.085 0.200 0.200 521614 DSONIC-C14 0.200 0.010 117.1 1.510 1.250 11.92 19/06/2020 0.085 0.060 0.065 0.065 165158 MRCB-C58 0.065 -0.005 10 0.680 0.700 22.06 07/12/2020
0.135 0.075 0.100 0.090 521617 DSONIC-C17 0.090 -0.005 4278.1 1.510 1.800 35.89 14/08/2020 0.065 0.040 0.050 0.050 165159 MRCB-C59 0.050 0.010 402.5 0.680 0.850 34.56 14/08/2020
0.935 0.070 0.715 0.685 5216WA DSONIC-WA 0.685 -0.025 17208.5 1.510 1.090 17.55 05/07/2023 0.075 0.075 0.075 0.075 165160 MRCB-C60 0.075 -0.075 1127 0.680 0.780 25.74 30/11/2020
0.850 0.075 0.120 0.105 7165WA DWL-WA 0.115 0.010 132.9 0.370 0.600 93.24 07/04/2021 0.370 0.185 0.210 0.195 1651WB MRCB-WB 0.205 -0.005 1214.9 0.680 1.250 113.97 29/10/2027
0.045 0.020 0.030 0.025 5178WA DYNACIA-WA 0.030 0.010 101 0.065 0.120 130.77 26/12/2023 0.045 0.005 0.010 0.010 0092WC MTOUCHE-WC 0.010 Unch 500 0.180 0.200 16.67 02/11/2020
0.010 0.005 — — 0154WE EAH-WE 0.005 — — 0.010 0.035 300.00 22/04/2023 0.040 0.005 0.010 0.010 0043WA MTRONIC-WA 0.010 Unch 131 0.035 0.080 157.14 16/04/2022
0.320 0.100 0.170 0.160 5253WA ECONBHD-WA 0.160 -0.005 1770.3 0.785 1.250 79.62 02/01/2023 0.150 0.005 0.035 0.025 13873 MYEG-C73 0.025 Unch 602.6 1.370 1.500 16.79 30/04/2020
0.030 0.005 0.010 0.005 8206CV ECOWLD-CV 0.005 Unch 568.3 0.675 0.880 31.85 30/04/2020 0.080 0.010 0.035 0.030 13880 MYEG-C80 0.035 0.010 1100 1.370 1.600 24.45 30/06/2020
0.145 0.035 0.050 0.050 8206CW ECOWLD-CW 0.050 0.005 20 0.675 0.800 28.15 30/04/2020 0.110 0.020 0.050 0.040 13881 MYEG-C81 0.040 -0.005 1452.7 1.370 1.480 16.79 27/04/2020
0.300 0.120 0.195 0.175 8206WA ECOWLD-WA 0.190 0.015 1269.3 0.675 2.080 236.30 26/03/2022 0.115 0.010 0.045 0.040 13882 MYEG-C82 0.040 0.005 87.7 1.370 1.450 14.01 31/03/2020
0.085 0.040 0.060 0.060 7471WB EDEN-WB 0.060 Unch 567.7 0.220 0.300 63.64 13/08/2021 0.125 0.045 0.125 0.100 13884 MYEG-C84 0.115 0.010 22418.5 1.370 1.200 12.77 28/07/2020
0.020 0.005 0.010 0.010 0107WB EDUSPEC-WB 0.010 Unch 647.5 0.020 0.050 200.00 30/09/2024 0.115 0.035 0.115 0.105 13885 MYEG-C85 0.105 Unch 1441 1.370 1.250 10.40 15/05/2020
0.165 0.040 0.055 0.040 8907WC EG-WC 0.055 0.010 1143 0.385 0.500 44.16 03/11/2020 0.140 0.040 0.140 0.115 13886 MYEG-C86 0.130 0.010 7263.6 1.370 1.250 10.22 07/08/2020
0.215 0.040 0.090 0.075 8877C3 EKOVEST-C3 0.090 0.010 17570.6 0.760 0.750 15.26 15/05/2020 0.100 0.035 0.100 0.085 13887 MYEG-C87 0.090 0.005 903.5 1.370 1.200 13.87 12/10/2020
0.085 0.015 0.035 0.025 8877C4 EKOVEST-C4 0.035 0.005 683.2 0.760 0.880 27.30 20/05/2020 0.175 0.080 0.175 0.155 13888 MYEG-C88 0.165 0.010 1370 1.370 1.400 32.30 12/10/2020
0.085 0.020 0.035 0.035 8877C5 EKOVEST-C5 0.035 0.015 200 0.760 0.980 40.46 07/08/2020 0.085 0.025 0.085 0.075 13889 MYEG-C89 0.085 0.010 1300 1.370 1.550 29.27 19/06/2020
0.100 0.040 0.070 0.060 8877C6 EKOVEST-C6 0.065 Unch 1693 0.760 0.770 26.97 09/11/2020 0.175 0.055 0.175 0.155 13890 MYEG-C90 0.165 0.010 4113.1 1.370 1.350 26.24 11/09/2020
0.090 0.055 0.085 0.075 8877C7 EKOVEST-C7 0.080 0.005 2159 0.760 0.850 32.89 24/09/2020 0.205 0.080 0.205 0.205 13891 MYEG-C91 0.205 0.005 17.7 1.370 1.200 10.04 30/10/2020
0.060 0.040 0.050 0.045 8877C8 EKOVEST-C8 0.045 0.005 450 0.760 1.000 41.64 17/07/2020 0.290 0.150 0.210 0.200 0108WB N2N-WB 0.210 0.020 15.1 0.710 0.830 46.48 08/01/2024
0.145 0.005 0.025 0.020 8877CX EKOVEST-CX 0.025 Unch 3094.8 0.760 0.880 22.37 30/04/2020 0.005 0.003 — — 0096WA NEXGRAM-WA 0.005 — — 0.010 0.100 950.00 16/05/2022
0.155 0.025 0.045 0.040 8877CY EKOVEST-CY 0.045 0.005 208 0.760 0.830 21.05 29/05/2020 0.010 0.005 — — 0096WB NEXGRAM-WB 0.005 — — 0.010 0.260 2,550 21/07/2023
0.280 0.115 0.155 0.150 7249WB EWEIN-WB 0.150 -0.005 222 0.490 0.800 93.88 24/09/2022 0.010 0.005 — — 0096WC NEXGRAM-WC 0.005 — — 0.010 0.100 950.00 15/01/2024
0.250 0.090 0.150 0.145 5283WA EWINT-WA 0.145 Unch 1775.7 0.830 1.450 92.17 04/04/2022 0.220 0.040 0.050 0.040 7241WA NGGB-WA 0.045 Unch 548.6 0.385 0.600 67.53 18/10/2020
0.035 0.005 — — 06507L FBMKLCI-C7L 0.005 — — 313.99 1,600 410.68 28/02/2020 0.095 0.035 0.040 0.040 7215WB NIHSIN-WB 0.040 0.005 0.1 0.145 0.138 22.76 13/05/2022
0.215 0.030 0.030 0.030 06507N FBMKLCI-C7N 0.030 -0.005 30 580.50 1,640 184.06 31/03/2020 0.930 0.150 0.890 0.865 0083WC NOTION-WC 0.880 0.005 1404 1.330 0.840 29.32 14/03/2023
0.100 0.020 0.020 0.020 06507S FBMKLCI-C7S 0.020 -0.010 100 1,024 1,570 54.63 29/05/2020 0.145 0.060 0.095 0.080 0172WA OCK-WA 0.090 -0.005 6987.3 0.630 0.710 26.98 15/12/2020
0.100 0.020 0.020 0.020 06507T FBMKLCI-C7T 0.020 Unch 15 1,027 1,580 55.19 30/06/2020 0.100 0.015 0.040 0.015 7071WC OCR-WC 0.040 -0.005 3 0.265 0.500 103.77 24/07/2021
0.185 0.070 0.070 0.070 06507V FBMKLCI-C7V 0.070 -0.010 30 1,544 1,670 9.49 29/05/2020 0.125 0.040 0.050 0.045 7071WD OCR-WD 0.050 0.005 460.1 0.265 0.220 1.89 18/02/2022
0.435 0.220 0.225 0.225 06507W FBMKLCI-C7W 0.225 -0.020 24.5 1,544 1,560 5.38 30/06/2020 0.145 0.035 0.045 0.040 0079WA ORION-WA 0.045 0.010 689.7 0.080 0.170 168.75 26/07/2022
0.230 0.160 0.170 0.170 06507X FBMKLCI-C7X 0.170 -0.010 5 1,544 1,610 7.55 30/07/2020 0.060 0.010 0.015 0.010 5053WC OSK-WC 0.010 Unch 84.9 0.975 1.200 24.10 22/07/2020
0.025 0.020 0.025 0.020 06509A FBMKLCI-C9A 0.025 Unch 220.4 1,544 1,600 4.73 28/08/2020 0.265 0.125 0.175 0.170 5260WA OWG-WA 0.170 Unch 262.1 0.525 0.800 84.76 29/09/2023
0.150 0.020 0.095 0.080 06508N FBMKLCI-H8N 0.080 -0.010 100 1,544 1,600 7.22 28/02/2020 0.260 0.165 0.260 0.245 8419WA PANSAR-WA 0.245 0.005 87.1 0.675 0.630 29.63 06/06/2023
0.125 0.035 0.100 0.100 06508Q FBMKLCI-H8Q 0.100 0.010 30 1,544 1,590 7.48 31/03/2020 0.150 0.045 0.060 0.050 5125WA PANTECH-WA 0.060 0.005 342 0.475 0.500 17.89 21/12/2020
0.100 0.030 0.080 0.080 06508T FBMKLCI-H8T 0.080 Unch 50 1,544 1,560 4.63 30/04/2020 0.160 0.075 0.080 0.080 5125WB PANTECH-WB 0.080 Unch 8 0.475 0.500 22.11 21/12/2021
0.110 0.050 0.110 0.110 06508U FBMKLCI-H8U 0.110 0.010 445.5 1,544 1,570 6.64 29/05/2020 0.100 0.030 0.030 0.030 5022WA PAOS-WA 0.030 -0.005 68.2 0.335 0.500 58.21 14/12/2021
0.315 0.200 0.275 0.275 06508W FBMKLCI-H8W 0.275 0.020 51.5 1,544 1,540 5.06 29/05/2020 0.305 0.160 0.165 0.165 1724WA PARAMON-WA 0.165 0.005 10 1.320 1.790 48.11 28/07/2024
0.470 0.320 0.430 0.420 06508X FBMKLCI-H8X 0.420 Unch 1814 1,544 1,620 13.05 29/05/2020 0.090 0.040 — — 6912WA PASDEC-WA 0.040 — — 0.300 1.000 246.67 03/07/2023
0.420 0.380 0.420 0.400 06508Y FBMKLCI-H8Y 0.400 Unch 3000 1,544 1,600 11.37 30/07/2020 0.050 0.025 0.030 0.030 7225WB PA-WB 0.030 -0.005 432.8 0.060 0.060 50.00 17/12/2022
0.140 0.025 0.055 0.055 522275 FGV-C75 0.055 Unch 300 1.340 1.200 1.87 28/02/2020 0.095 0.005 — — 129536 PBBANK-C36 0.005 — — 4.910 25.000 410.29 31/03/2020
0.350 0.065 0.200 0.190 522282 FGV-C82 0.190 -0.010 583.4 1.340 1.080 1.87 13/04/2020 0.115 0.005 0.005 0.005 129537 PBBANK-C37 0.005 Unch 100 4.660 21.880 370.82 31/03/2020
0.450 0.085 0.305 0.290 522283 FGV-C83 0.295 0.005 866.6 1.340 0.950 3.92 30/07/2020 0.085 0.005 0.005 0.005 129539 PBBANK-C39 0.005 Unch 200 4.770 22.000 362.47 29/05/2020
0.325 0.075 0.215 0.215 522284 FGV-C84 0.215 Unch 40 1.340 0.980 5.22 30/10/2020 0.175 0.035 0.040 0.035 129540 PBBANK-C40 0.040 -0.005 690 17.620 19.300 11.80 28/08/2020
0.195 0.050 0.085 0.085 522285 FGV-C85 0.085 Unch 125 1.340 1.250 7.24 15/05/2020 0.190 0.055 0.055 0.055 129541 PBBANK-C41 0.055 -0.005 100 17.620 19.800 16.12 28/07/2020
0.105 0.025 0.040 0.040 522286 FGV-C86 0.040 Unch 1500 1.340 1.650 29.70 19/06/2020 0.315 0.045 0.140 0.135 6068WA PCCS-WA 0.140 -0.005 829 0.420 0.600 76.19 25/12/2022
0.195 0.125 0.140 0.135 522288 FGV-C88 0.135 Unch 468.2 1.340 1.300 17.16 07/12/2020 0.105 0.080 0.090 0.090 518345 PCHEM-C45 0.090 -0.005 585 6.500 7.200 17.69 11/09/2020
0.075 0.025 0.040 0.040 522289 FGV-C89 0.040 Unch 400 1.340 1.880 47.76 14/08/2020 0.015 0.005 — — 6254WB PDZ-WB 0.010 — — 0.030 0.100 266.67 29/01/2023
0.030 0.010 — — 0150WB FINTEC-WB 0.010 — — 0.045 0.150 255.56 03/12/2022 0.485 0.125 0.435 0.420 7160CE PENTA-CE 0.420 Unch 250 5.100 3.400 -0.39 28/02/2020
0.445 0.125 0.410 0.410 0128CA FRONTKN-CA 0.410 Unch 16 2.530 1.380 3.16 30/06/2020 0.490 0.105 0.375 0.375 7160CF PENTA-CF 0.375 0.010 30 5.100 3.880 1.81 16/03/2020
0.340 0.090 0.310 0.310 0128CB FRONTKN-CB 0.310 -0.030 400 2.530 1.680 3.16 30/06/2020 0.210 0.065 0.135 0.135 7160CI PENTA-CI 0.135 0.005 280.2 5.100 4.880 8.92 22/05/2020
0.370 0.130 0.340 0.325 0128CG FRONTKN-CG 0.330 0.010 1098 2.530 1.600 2.37 26/06/2020 0.160 0.045 0.110 0.110 7160CK PENTA-CK 0.110 0.010 10 5.100 5.000 10.98 28/08/2020
0.240 0.080 0.215 0.215 0128CI FRONTKN-CI 0.215 -0.010 10 2.530 2.000 4.55 22/05/2020 0.355 0.105 0.245 0.230 7160CM PENTA-CM 0.230 -0.010 210 5.100 5.280 17.06 19/06/2020
0.195 0.120 0.190 0.180 0128CL FRONTKN-CL 0.180 Unch 242.8 2.530 2.700 28.06 27/10/2020 0.250 0.135 0.190 0.190 7160CP PENTA-CP 0.190 0.005 528 5.100 4.500 10.59 26/08/2020
3.650 0.695 2.520 2.520 7184WA G3-WA 2.520 Unch 3 2.790 0.100 -6.09 02/10/2022 0.620 0.290 0.320 0.300 7088WB POHUAT-WB 0.300 Unch 3.2 1.350 1.000 -3.70 21/10/2020
0.450 0.115 0.220 0.205 9261WB GADANG-WB 0.210 Unch 2154.5 0.670 1.060 89.55 29/11/2021 0.230 0.080 0.080 0.080 463436 POS-C36 0.080 Unch 100 1.400 1.680 31.43 28/08/2020
0.285 0.175 0.205 0.205 539868 GAMUDA-C68 0.205 0.030 200 4.090 3.050 -0.37 31/03/2020 0.100 0.035 0.040 0.040 463445 POS-C45 0.040 Unch 50 1.400 1.700 27.14 28/08/2020
0.130 0.065 0.095 0.085 539876 GAMUDA-C76 0.095 Unch 20 4.090 4.000 8.25 30/04/2020 0.150 0.100 0.105 0.100 463447 POS-C47 0.105 -0.005 52 1.400 1.300 15.36 09/11/2020
0.150 0.100 0.135 0.130 539877 GAMUDA-C77 0.135 0.005 104.4 4.090 3.800 6.11 30/09/2020 0.384 0.039 0.125 0.110 8966WA PRLEXUS-WA 0.120 0.010 3977.6 0.810 1.200 62.96 14/06/2021
0.195 0.115 0.155 0.140 539878 GAMUDA-C78 0.155 0.005 2.2 4.090 3.910 10.76 12/10/2020 0.100 0.045 0.070 0.070 5070WA PRTASCO-WA 0.070 Unch 356.3 0.375 0.750 118.67 25/04/2023
0.125 0.100 0.125 0.115 539879 GAMUDA-C79 0.125 Unch 482.1 4.090 4.400 18.89 14/08/2020 0.070 0.015 0.020 0.015 0186WA PTRANS-WA 0.020 Unch 1720.6 0.210 0.235 21.43 19/09/2020
0.110 0.110 0.110 0.110 539880 GAMUDA-C80 0.110 -0.040 999.8 4.090 4.350 19.80 27/10/2020 0.890 0.235 0.825 0.730 7237WA PWROOT-WA 0.820 0.070 193.6 2.400 1.540 -1.67 24/07/2023
0.490 0.205 0.445 0.415 5398WE GAMUDA-WE 0.435 0.015 5478.3 4.090 4.050 9.66 06/03/2021 0.085 0.030 0.035 0.030 5256WA REACH-WA 0.030 Unch 374.2 0.155 0.750 403.23 12/08/2022
0.520 0.235 0.360 0.325 5226WB GBGAQRS-WB 0.345 0.020 4503.1 1.150 1.120 27.39 26/09/2023 0.800 0.231 0.735 0.720 0200WA REVENUE-WA 0.725 Unch 1342.6 1.380 0.750 6.88 14/01/2024
0.515 0.130 0.485 0.485 5102CG GCB-CG 0.485 Unch 132.3 3.070 1.955 1.34 15/05/2020 0.080 0.075 0.080 0.080 106621 RHBBANKC21 0.080 0.005 10 5.710 6.400 16.29 11/09/2020
0.365 0.200 0.305 0.305 5102CL GCB-CL 0.305 -0.010 114.1 3.070 2.480 5.62 12/10/2020 0.105 0.050 0.060 0.055 8567WB SALCON-WB 0.055 -0.005 399.5 0.205 0.300 73.17 19/07/2025
0.105 0.050 0.070 0.070 5102CM GCB-CM 0.070 Unch 50 3.070 3.800 31.76 19/06/2020 0.080 0.025 0.025 0.025 521880 SAPNRGC80 0.025 -0.005 33 0.235 0.280 29.79 28/08/2020
0.210 0.150 0.180 0.180 5102CP GCB-CP 0.180 Unch 5.3 3.070 2.980 17.59 30/11/2020 0.155 0.085 0.100 0.095 5218WA SAPNRG-WA 0.095 Unch 1598.5 0.235 0.490 148.94 23/01/2026
0.165 0.135 0.150 0.150 5102CQ GCB-CQ 0.150 Unch 40 3.070 3.100 19.06 14/08/2020 0.130 0.030 0.045 0.035 5157WA SAUDEE-WA 0.040 -0.005 236.3 0.275 0.500 96.36 31/03/2021
1.600 0.990 1.420 1.380 5102WB GCB-WB 1.400 Unch 333.4 3.070 1.650 -0.65 04/11/2022 0.170 0.015 0.025 0.020 7247WA SCGM-WA 0.025 Unch 129.4 1.510 3.960 163.91 31/07/2020
0.250 0.005 0.005 0.005 471557 GENM-C57 0.005 Unch 80 1.500 3.300 121.33 28/02/2020 0.320 0.120 0.190 0.165 4731CG SCIENTX-CG 0.190 0.025 863.6 9.500 8.200 2.32 29/05/2020
0.155 0.050 0.050 0.050 471563 GENM-C63 0.050 -0.015 500 3.020 3.400 18.87 30/04/2020 0.065 0.005 0.010 0.005 7158WB SCOMI-WB 0.010 Unch 240.2 0.040 0.210 450.00 18/02/2023
0.150 0.070 0.080 0.080 471565 GENM-C65 0.080 0.005 100 3.020 2.900 6.62 29/05/2020 0.550 0.370 0.450 0.450 0001WA SCOMNET-WA 0.450 Unch 16.6 0.760 0.650 44.74 19/06/2024
0.110 0.030 0.030 0.030 471567 GENM-C67 0.030 -0.010 1800 3.020 3.300 13.25 27/04/2020 0.140 0.030 0.040 0.035 0028WA SCOPE-WA 0.035 Unch 103 0.190 0.150 -2.63 17/07/2020
0.125 0.045 0.060 0.050 471568 GENM-C68 0.060 0.005 349.9 3.020 3.050 8.94 30/07/2020 0.060 0.010 0.015 0.015 7073WC SEACERA-WC 0.015 Unch 100 0.265 1.000 283.02 21/01/2021
0.045 0.030 0.045 0.035 471571 GENM-C71 0.045 0.010 1000.1 3.020 3.400 18.54 30/11/2020 0.290 0.175 0.290 0.275 5279C1 SERBADK-C1 0.275 Unch 418 2.430 2.000 4.94 07/12/2020
0.110 0.110 0.110 0.110 471572 GENM-C72 0.110 -0.040 1076 3.020 3.100 16.49 09/10/2020 0.075 0.035 0.075 0.070 5279C2 SERBADK-C2 0.070 Unch 1134.2 2.430 2.880 25.43 11/09/2020
0.130 0.005 0.005 0.005 318270 GENTINGC70 0.005 Unch 100 2.910 6.700 131.44 30/04/2020 0.135 0.100 0.135 0.135 5279C3 SERBADK-C3 0.135 0.020 4 2.430 2.400 9.88 30/10/2020
0.165 0.045 0.050 0.050 318278 GENTINGC78 0.050 Unch 290 5.460 5.750 9.89 30/07/2020 0.190 0.070 0.165 0.155 5279CV SERBADK-CV 0.155 Unch 249.4 2.430 2.038 2.10 30/04/2020
0.105 0.035 0.035 0.035 318280 GENTINGC80 0.035 Unch 25 5.460 6.700 25.27 17/07/2020 0.260 0.080 0.205 0.185 5279CW SERBADK-CW 0.190 0.010 230.5 2.430 2.181 2.78 31/03/2020
0.035 0.020 0.030 0.030 318281 GENTINGC81 0.030 Unch 199.9 5.460 6.300 18.68 30/11/2020 0.245 0.070 0.245 0.235 5279CY SERBADK-CY 0.235 0.005 585 2.430 2.071 3.66 28/08/2020
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
Markets 2 9
G L O B A L M A R K E T S . B U R S A M A L AY S I A E Q U I T Y D E R I VAT I V E S

Wall Street ahead — S&P 500, Nasdaq
gain on Nvidia, White House stock
incentive report
NEW YORK: The S&P 500 Index ended
modestly higher last Friday following strong
earnings from Nvidia and a report late in the
session that the White House was considering
a tax incentive for Americans to buy stocks.
Uncertainties surrounding the Covid-19
epidemic and downbeat economic data had
put a damper on investor sentiment for much
of the day.
But a CNBC report that the US President
Donald Trump administration could
introduce a tax incentive for people earning
less than US$200,000 to invest up to US$10,000
in US stocks gave the markets a late boost.
“In an election year, especially when the
president is getting backlash that the tax
cut benefits only the rich, seeking a way to
democratise the stock market to low income
earners would be a popular manoeuver,”
said Joseph Sroka, chief investment officer
at NovaPoint in Atlanta.
While the S&P 500 and the Nasdaq
Composite Index closed modestly higher,
the Dow Jones Industrial Average lost ground.
The three major stock averages headed
into the US holiday weekend having posted
their second consecutive weekly advances.
The coronavirus, now called Covid-19,
has taken more than 1,600 lives and infected
more than 68,000 people, according to
Chinese authorities.
In a recent Reuters survey of 40
economists, the respondents see China’s
economy in the current quarter suffering
its slowest growth since the financial crisis,
but believe the downturn will be short-lived
if the outbreak is contained.
“The true economic implications of the
coronavirus [Covid-19] are still unknown,”
Sroka said, adding “at the end of the day,
earnings matter more for the sustainability
of stocks than near-term headlines.”
Indeed, of the 387 companies in the S&P
500 having reported fourth-quarter (4Q) results,
77.4% have surprised Wall Street expectations
to the upside, according to Refinitiv data.
Analysts now see 4Q earnings rising at
an annual pace of 2.6%, a striking reversal
of the 0.3% decline seen on Jan 1.
In economic news, lacklustre retail sales
and industrial production data appeared to
justify the US Federal Reserve’s (Fed) wait-
and-see stance regarding its accommodative
monetary policy, reiterated by Fed chair
Jerome Powell earlier this week in Washington.
The Dow fell 0.09% to 29,398.08 points;
the S&P 500 gained 0.18% to 3,380.16; and the
Nasdaq Composite added 0.2% to 9,731.18.
Seven of the 11 major sectors in the S&P
500 closed in the black, with defensive real
estate and utilities stocks seeing the biggest
gains. Energy shares were the biggest losers.
Nvidia Corp rose 7% after the chipmaker’s
beat-and-raise earnings report, even as it
forecast a US$100 million hit from the Covid-19.
Online travel services platform Expedia
Inc surged 11% after the online travel services
company forecast strong quarterly core
earnings despite uncertainties surrounding
the Covid-19 virus.
EBay Inc gained 2.6% after providing
better-than-expected current-quarter profit
guidance.
Global markets — Most Southeast
Asia stocks log weekly losses as virus
concerns remain
BENGALURU: Most Southeast Asian stock
markets closed lower last Friday after
wavering between small gains and losses for
most parts of the day, as investors assessed
the impact of the Covid-19 outbreak after
an updated diagnostic method continued
to reveal more cases.
China’s National Health Commission
said it had recorded 121 new deaths and
5,090 new virus cases on the mainland on
Feb 13, taking the total number of infected
to 63,851 people.
Malaysia and Thailand pledged to
implement measures to support their
economies hit by the outbreak.
Except Singapore, all markets logged
weekly losses at the end of a volatile week
where shares rallied at the slightest sign of
the epidemic slowing.
A new diagnostic method led to a surge
in infections and deaths last Thursday in
China’s Hubei province, the epicentre of
the outbreak.
“The picture in Hubei province has been
distorted by the recent revision of data, “
OCBC Treasury Research said in a note.
Singaporean equities were tepid
throughout the session, but logged their
biggest weekly gain in over three months.
The Thai index gave up early gains to
close 0.4% lower, weighed by the utilities
sector. Electricity companies Gulf Energy
Development Pcl and BGrimm Power Pcl
fell 2.6% and 5.2% respectively.
Thailand’s economy likely slowed in the
last quarter of 2019 as exports were hit by
the US-China trade tensions, while full-year
growth may have eased to weakest in five
years, a Reuters poll showed.
Philippine stocks tumbled 1.6%, dragged
by losses in heavyweight financials Public
Bank and Hong Leong Financial Group. The
index has shed 3% over the week.
Shares in Vietnam and Indonesia were
flat. Indonesia’s trade deficit is likely to have
widened in January, with both exports and
imports remaining weak at the start of the
year, according to a Reuters poll.
China stocks closed higher last Friday,
marking their first weekly gain in four, on
hopes that measures by the government to
contain the Covid-19 outbreak and limit its
economic impact could continue to help
equities.
The Shanghai Composite Index ended
0.4%, up 1.4% week-on-week. The blue-chip
CSI 300 Index was up 0.7%, rising 2.3% from
the previous week. — Reuters

Dow Jones Euro STOXX 50 Index FT Straits Times Shanghai Composite

Index points Index points
Index points Index points
29980 3900 3700 5800

2,774.06
24930 3415 4825
3375 2,917.01
2,772.70 +10.93
(+0.38%)
19880 29,398.08 2930 3050 3850
10,403.79
-25.23 3,087.842
(-0.086%)
14830 2445 3,840.97 2725 3,220.03 2875
-5.77 -0.06
(-0.15%) (Unch)
9780 1960 2400 1900
Mar 1, 2010 Feb 14, 2020 Mar 1, 2010 Feb 14, 2020 Mar 1, 2010 Feb 14, 2020 Mar 1, 2010 Feb 14, 2020
Please delete
before saving

Bursa Malaysia Equity Derivatives

Main Market & Ace Market Warrants
YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY YEAR YEAR DAY DAY CODE WARRANTS CLOSE +/- VOL PARENT EXE PR’M EXPIRY
HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE HIGH LOW HIGH LOW (RM) (RM) (‘000) PRICE PRICE (%) DATE
0.215 0.070 0.215 0.215 5279CZ SERBADK-CZ 0.215 0.025 23 2.430 2.286 2.91 30/07/2020 0.250 0.095 0.120 0.120 7176WA TPC-WA 0.120 0.010 25 0.315 0.200 1.59 19/01/2021
0.605 0.300 0.425 0.400 5279WA SERBADK-WA 0.400 -0.010 21391.5 2.430 2.620 24.28 05/12/2024 0.010 0.005 — — 0118WB TRIVE-WB 0.005 — — 0.010 0.090 850.00 28/08/2020
0.095 0.030 0.060 0.050 0055WA SERSOL-WA 0.055 0.005 495.2 0.105 0.180 123.81 18/04/2023 0.120 0.010 — — 5042WB TSRCAP-WB 0.010 — — 0.430 0.700 65.12 28/12/2020
0.210 0.070 0.135 0.135 5285CL SIMEPLT-CL 0.135 0.015 0.1 5.290 4.650 0.66 30/04/2020 0.055 0.045 — — 7100CG UCHITEC-CG 0.045 — — 2.710 3.100 21.03 28/02/2020
0.165 0.070 0.110 0.110 5285CM SIMEPLT-CM 0.110 0.010 200 5.290 5.150 7.75 09/11/2020 0.085 0.035 — — 7100CH UCHITEC-CH 0.040 — — 2.710 3.080 19.56 21/09/2020
0.150 0.065 0.120 0.115 7155CU SKPRES-CU 0.115 -0.005 293 1.470 1.280 8.98 21/09/2020 0.110 0.005 — — 514868 UEMS-C68 0.005 — — 0.630 0.865 38.89 31/03/2020
0.095 0.080 0.085 0.080 7155CV SKPRES-CV 0.080 -0.005 2150 1.470 1.650 25.85 11/09/2020 0.085 0.005 — — 514871 UEMS-C71 0.005 — — 0.630 0.780 25.00 28/02/2020
0.100 0.025 0.035 0.025 0203WA SMETRIC-WA 0.025 -0.010 14242 0.150 0.160 23.33 21/01/2023 0.075 0.025 0.025 0.025 514872 UEMS-C72 0.025 Unch 60 0.630 0.980 63.49 07/09/2020
0.175 0.040 — — 5213WB SNTORIA-WB 0.120 — — 0.150 0.600 380.00 09/01/2025 0.120 0.015 — — 458819 UMW-C19 0.015 — — 4.050 5.680 42.10 08/05/2020
0.145 0.040 0.055 0.050 5242WA SOLID-WA 0.050 -0.005 118.7 0.260 0.210 0.00 16/12/2020 0.150 0.005 — — 458820 UMW-C20 0.010 — — 4.050 5.150 28.40 30/06/2020
0.065 0.015 0.015 0.015 0093WA SOLUTN-WA 0.015 Unch 10 0.090 0.200 138.89 04/07/2021 0.065 0.065 — — 458821 UMW-C21 0.065 — — 4.050 5.500 43.51 30/04/2020
0.140 0.055 0.060 0.060 866421 SPSETIA-C21 0.060 Unch 399.9 1.350 1.580 25.93 30/10/2020 0.120 0.100 — — 458822 UMW-C22 0.120 — — 4.050 4.200 18.52 07/12/2020
0.180 0.050 0.075 0.070 866424 SPSETIA-C24 0.075 0.005 140 1.350 1.300 7.41 28/07/2020 0.090 0.025 0.035 0.030 0060WB VC-WB 0.035 0.005 40.4 0.075 0.150 146.67 06/05/2024
0.195 0.070 0.100 0.095 866425 SPSETIA-C25 0.100 0.005 522.2 1.350 1.380 17.04 30/07/2020 0.085 0.040 — — 524328 VELESTO-C28 0.055 — — 0.340 0.380 34.41 30/04/2020
0.155 0.040 0.150 0.150 0129WA SRIDGE-WA 0.150 Unch 348.3 0.350 0.180 -5.71 24/02/2023 0.075 0.025 — — 524329 VELESTO-C29 0.025 — — 0.340 0.400 27.94 13/04/2020
0.185 0.090 0.120 0.120 0080WA STRAITS-WA 0.120 Unch 90 0.220 0.115 6.82 10/08/2022 0.115 0.050 0.055 0.055 524330 VELESTO-C30 0.055 Unch 100 0.340 0.350 19.12 30/10/2020
0.040 0.005 — — 1201WA SUMATEC-WA 0.005 — — 0.005 0.320 6,400 03/03/2021 0.095 0.030 — — 524331 VELESTO-C31 0.035 — — 0.340 0.450 37.50 30/07/2020
0.085 0.005 0.005 0.005 5263CX SUNCON-CX 0.005 -0.050 0.1 0.181 2.200 1,124 28/02/2020 0.170 0.075 0.120 0.115 5243WA VELESTO-WA 0.120 Unch 954 0.340 0.395 51.47 18/10/2024
0.095 0.010 0.015 0.015 5263CY SUNCON-CY 0.015 0.005 100 2.100 2.300 11.67 26/03/2020 0.600 0.340 0.410 0.360 7240WA VERTICE-WA 0.360 -0.080 40.1 0.755 0.500 13.91 31/03/2024
0.350 0.005 — — 3743WA SUNSURIA-WA 0.005 — — 0.285 1.500 428.07 22/07/2020 0.470 0.100 0.410 0.395 0120WB VIS-WB 0.395 -0.010 2122.3 0.710 0.750 61.27 16/11/2022
0.115 0.065 0.080 0.080 5211CT SUNWAY-CT 0.080 -0.015 7 1.800 1.700 3.33 31/03/2020 0.180 0.085 — — 0097CP VITROX-CP 0.170 — — 8.950 8.880 14.41 21/09/2020
0.450 0.250 0.390 0.385 5211WB SUNWAY-WB 0.385 Unch 350.5 1.800 1.720 16.94 03/10/2024 0.005 0.003 — — 0069WD VIVOCOM-WD 0.005 — — 0.020 0.070 275.00 08/07/2020
0.220 0.005 0.150 0.135 710669 SUPERMX-C69 0.150 0.015 249 1.700 1.450 2.94 28/02/2020 0.010 0.005 0.005 0.005 0069WE VIVOCOM-WE 0.005 Unch 520 0.020 0.050 175.00 22/08/2023
0.125 0.020 0.075 0.070 710672 SUPERMX-C72 0.075 0.005 90 1.700 1.600 7.35 29/05/2020 0.670 0.210 0.235 0.220 7070WC VIZIONE-WC 0.230 0.010 155 0.790 0.700 17.72 05/02/2022
0.120 0.010 0.055 0.045 710674 SUPERMX-C74 0.050 Unch 4872.1 1.700 1.780 10.59 08/05/2020 0.155 0.080 — — 696320 VS-C20 0.130 — — 1.440 1.280 6.94 30/06/2020
0.130 0.030 0.050 0.050 710676 SUPERMX-C76 0.050 Unch 2983.7 1.700 1.700 8.24 22/05/2020 0.115 0.070 0.085 0.080 696322 VS-C22 0.085 0.005 40 1.440 1.420 10.42 29/05/2020
0.230 0.040 0.165 0.155 710677 SUPERMX-C77 0.165 0.015 43.8 1.700 1.500 7.65 30/09/2020 0.105 0.045 0.065 0.065 696323 VS-C23 0.065 0.005 2570 1.440 1.400 9.41 30/04/2020
0.190 0.035 0.115 0.110 710678 SUPERMX-C78 0.115 0.010 8377.8 1.700 1.680 12.35 12/10/2020 0.100 0.065 0.070 0.065 696324 VS-C24 0.070 Unch 40 1.440 1.450 12.85 22/05/2020
0.160 0.030 0.085 0.085 710679 SUPERMX-C79 0.085 Unch 684.9 1.700 1.750 15.44 19/06/2020 0.080 0.045 0.050 0.050 696325 VS-C25 0.050 Unch 200 1.440 1.650 22.92 19/06/2020
0.155 0.125 0.145 0.140 710681 SUPERMX-C81 0.145 0.005 1122 1.700 1.600 18.00 27/10/2020 0.095 0.080 — — 696326 VS-C26 0.080 — — 1.440 1.480 13.89 30/07/2020
0.040 0.005 0.010 0.010 1538WB SYMLIFE-WB 0.010 Unch 165.3 0.395 0.790 102.53 11/11/2020 0.160 0.110 0.135 0.130 696327 VS-C27 0.135 0.010 917.7 1.440 1.300 13.72 07/12/2020
0.125 0.005 — — 6139CG TAKAFUL-CG 0.005 — — 1.470 7.700 425.68 28/02/2020 0.270 0.130 0.210 0.210 3565WF WCEHB-WF 0.210 Unch 69.5 0.355 0.390 69.01 18/11/2029
0.080 0.005 — — 6139CI TAKAFUL-CI 0.005 — — 1.807 7.000 289.04 16/03/2020 0.195 0.015 0.015 0.015 967918 WCT-C18 0.015 Unch 102 0.755 0.935 27.81 30/04/2020
0.200 0.005 — — 6139CJ TAKAFUL-CJ 0.005 — — 0.902 6.200 590.13 31/03/2020 0.170 0.065 — — 967920 WCT-C20 0.065 — — 0.755 1.060 57.62 29/05/2020
0.150 0.010 0.025 0.020 6139CK TAKAFUL-CK 0.025 0.010 800 5.030 6.000 22.27 30/07/2020 0.025 0.010 0.015 0.015 967921 WCT-C21 0.015 Unch 23 0.755 1.080 47.02 21/09/2020
0.075 0.015 0.045 0.035 6139CL TAKAFUL-CL 0.045 0.015 130 5.030 6.000 24.65 26/08/2020 0.200 0.005 0.015 0.010 9679WE WCT-WE 0.010 -0.005 6527.4 0.755 2.080 176.82 27/08/2020
0.075 0.020 0.075 0.055 6139CM TAKAFUL-CM 0.075 0.030 541.5 5.030 5.300 14.31 30/11/2020 0.180 0.060 0.080 0.075 0197WA WEGMANS-WA 0.080 0.005 35 0.260 0.300 46.15 13/01/2022
0.055 0.025 0.030 0.030 7097WA TAWIN-WA 0.030 Unch 351 0.080 0.200 187.50 05/08/2022 0.290 0.050 0.240 0.230 0162WA WIDAD-WA 0.235 0.010 2366.7 0.530 0.350 10.38 05/08/2023
0.165 0.025 0.030 0.025 534760 TENAGA-C60 0.030 -0.005 103 12.680 12.800 3.31 30/04/2020 0.120 0.025 0.030 0.030 5246C2 WPRTS-C2 0.030 0.005 53 3.890 4.000 5.91 29/05/2020
0.080 0.010 0.015 0.015 534765 TENAGA-C65 0.015 Unch 100 12.680 14.200 13.17 30/06/2020 0.145 0.065 — — 5246C3 WPRTS-C3 0.075 — — 3.890 4.050 13.75 26/06/2020
0.120 0.060 0.070 0.070 534770 TENAGA-C70 0.070 Unch 210 12.680 13.200 10.73 09/11/2020 0.165 0.085 0.095 0.095 7245WA WZSATU-WA 0.095 -0.005 2 0.200 0.380 137.50 28/10/2024
0.095 0.015 0.025 0.015 7889WB THRIVEN-WB 0.025 0.010 288.9 0.205 0.480 146.34 05/10/2020 0.025 0.005 0.010 0.010 5156WD XDL-WD 0.010 Unch 1234 0.155 0.180 22.58 17/01/2022
0.025 0.005 — — 7079WC TIGER-WC 0.010 — — 0.070 0.320 371.43 11/02/2021 0.140 0.015 0.135 0.075 7293C2 YINSON-C2 0.095 0.040 15308 7.000 6.750 5.93 29/05/2020
0.485 0.170 0.260 0.260 486343 TM-C43 0.260 Unch 5.2 3.850 2.800 -0.26 31/03/2020 0.155 0.030 — — 7293C3 YINSON-C3 0.030 — — 7.000 7.800 14.21 20/02/2020
0.230 0.040 0.050 0.050 486348 TM-C48 0.050 Unch 15 3.850 3.750 3.90 30/04/2020 0.160 0.060 0.085 0.060 7293C4 YINSON-C4 0.065 -0.040 809.6 7.000 6.880 6.64 30/04/2020
0.160 0.115 0.115 0.115 486362 TM-C62 0.115 Unch 50 3.850 4.180 20.52 17/07/2020 0.125 0.050 — — 7293C5 YINSON-C5 0.050 — — 7.000 7.880 18.29 08/05/2020
0.220 0.050 0.055 0.050 7285WA TOMYPAK-WA 0.055 Unch 58.9 0.485 0.930 103.09 21/06/2021 0.060 0.015 0.060 0.050 7293C6 YINSON-C6 0.055 0.020 493 7.000 7.500 12.64 30/09/2020
0.300 0.030 0.270 0.270 711355 TOPGLOV-C55 0.270 0.005 50 5.850 4.500 0.00 28/02/2020 0.215 0.090 0.215 0.175 7293C7 YINSON-C7 0.180 0.035 1690.5 7.000 6.250 4.71 30/10/2020
0.195 0.040 0.155 0.155 711357 TOPGLOV-C57 0.155 Unch 300 5.850 5.180 4.44 30/06/2020 0.195 0.110 0.195 0.185 7293C8 YINSON-C8 0.190 0.080 439.4 7.000 6.800 16.14 27/10/2020
0.120 0.020 0.070 0.070 711358 TOPGLOV-C58 0.070 Unch 42 5.850 5.500 0.60 20/02/2020 0.030 0.005 — — 7020WB YKGI-WB 0.005 — — 0.120 0.500 320.83 28/05/2020
0.280 0.050 0.220 0.215 711360 TOPGLOV-C60 0.215 Unch 140 5.850 4.880 1.79 08/05/2020 0.175 0.005 — — 7066WA YONGTAI-WA 0.010 — — 0.105 0.500 385.71 24/06/2020
0.225 0.040 0.175 0.170 711362 TOPGLOV-C62 0.170 Unch 265 5.850 5.180 3.08 10/04/2020 0.150 0.005 — — 467726 YTL-C26 0.005 — — 0.975 1.180 22.05 31/03/2020
0.280 0.045 0.250 0.245 711363 TOPGLOV-C63 0.250 0.010 164 5.850 4.750 2.56 30/07/2020 0.045 0.010 — — 467728 YTL-C28 0.020 — — 0.975 1.080 15.90 08/05/2020
0.305 0.085 0.260 0.255 711364 TOPGLOV-C64 0.255 -0.005 11.7 5.850 4.650 3.46 26/08/2020 0.170 0.055 — — 467729 YTL-C29 0.100 — — 0.975 0.935 6.15 28/08/2020
0.390 0.175 0.340 0.340 711365 TOPGLOV-C65 0.340 Unch 10 5.850 4.500 5.98 07/12/2020 0.185 0.100 — — 467730 YTL-C30 0.170 — — 0.975 0.855 5.13 30/07/2020
0.325 0.255 0.300 0.300 711366 TOPGLOV-C66 0.300 Unch 20 5.850 4.500 2.56 30/10/2020 0.085 0.080 0.085 0.085 467731 YTL-C31 0.085 Unch 250 0.975 1.000 20.00 30/11/2020
0.410 0.365 0.405 0.405 711367 TOPGLOV-C67 0.405 Unch 40 5.850 5.000 13.16 16/10/2020 0.135 0.060 — — 674210 YTLPOWR-C10 0.070 — — 0.715 0.800 21.68 30/10/2020
0.150 0.095 0.105 0.100 711368 TOPGLOV-C68 0.105 Unch 977 5.850 6.200 22.14 27/10/2020 0.090 0.040 0.055 0.050 674211 YTLPOWR-C11 0.050 Unch 400 0.715 0.650 8.39 07/08/2020
0.115 0.110 0.115 0.115 711369 TOPGLOV-C69 0.115 0.005 107 5.850 6.880 33.33 18/12/2020 0.045 0.020 — — 674212 YTLPOWR-C12 0.020 — — 0.715 1.000 43.22 14/08/2020
0.185 0.070 0.075 0.070 7173WB TOYOINK-WB 0.070 Unch 313.9 0.690 1.500 127.54 06/11/2023
Please refer to the Bursa Malaysia website for the prices of loan stocks, bonds and overseas structure warrants
3 0 Markets M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY

INSIDER MOVES . TRADING THEMES . FOREX

Insider moves (Filings on February 13, 2020) Trading themes

Insider Moves show what substantial shareholders are doing with their stakes, which could be a signal of their views on the company’s outlook. Under China’s Covid-19 lockdown, millions have nowhere to go
COMPANY SHARES ACQUIRED DIRECTOR/SUBSTANTIAL SHARES HELD TRANSACTION
(DISPOSED) SHAREHOLDER AFTER CHANGE DATE Around 500 million people in China are currently affected by policies put in place
M N C WIRELESS (24,750,000) CHEN HUEI PING 57,719,166 11/2 restricting movement, to contain Covid-19.
AEON CO. (M) (200,000) EMPLOYEES PROVIDENT FUND BOARD 195,243,900 10/2
AL-’AQAR HEALTHCARE REIT 187,400 KUMPULAN WANG PERSARAAN 65,390,800 12/2
(DIPERBADANKAN)
AL-’AQAR HEALTHCARE REIT 440,000 LEMBAGA TABUNG HAJI 105,531,856 12/2
AMMB 463,000 EMPLOYEES PROVIDENT FUND BOARD 248,413,637 10/2
AMVERTON 234,400 DALTA INDUSTRIES 258,356,180 12/2
ATRIUM REAL ESTATE 14,256,620 GLORY BLITZ INDUSTRIES 14,256,620 12/2
INVESTMENT TRUST
AXIATA GROUP 495,300 EMPLOYEES PROVIDENT FUND BOARD 1,482,445,765 7/2
AXIATA GROUP 1,541,100 EMPLOYEES PROVIDENT FUND BOARD 1,483,986,865 10/2
AXIS REAL ESTATE (932,009) EMPLOYEES PROVIDENT FUND BOARD 186,900,575 10/2
INVESTMENT TRUST
AXIS REAL ESTATE (79,800) KUMPULAN WANG PERSARAAN 171,837,537 12/2
INVESTMENT TRUST (DIPERBADANKAN)
BERMAZ AUTO 80,000 KUMPULAN WANG PERSARAAN 70,558,960 12/2
(DIPERBADANKAN)
BERMAZ AUTO 348,500 EMPLOYEES PROVIDENT FUND BOARD 135,868,100 10/2
BIMB (453,600) EMPLOYEES PROVIDENT FUND BOARD 220,380,901 10/2
CIMB GROUP (1,055,900) KUMPULAN WANG PERSARAAN 636,206,653 11 & 12/2
(DIPERBADANKAN)
CIMB GROUP 5,495,900 EMPLOYEES PROVIDENT FUND BOARD 1,281,412,741 7 & 10/2
DIALOG GROUP 2,000,000 EMPLOYEES PROVIDENT FUND BOARD 431,812,616 10/2
DIGI.COM 406,000 EMPLOYEES PROVIDENT FUND BOARD 1,055,110,790 11/2
GAMUDA 116,200 KUMPULAN WANG PERSARAAN 177,190,934 12/2
(DIPERBADANKAN)
GLOBETRONICS TECHNOLOGY (454,700) EMPLOYEES PROVIDENT FUND BOARD 62,045,595 10/2
GUNUNG CAPITAL (1,000,000) DATO SYED ABU HUSSIN HAFIZ SYED 7,445,691 11/2
ABDUL FASAL
HO HUP CONSTRUCTION 200,000 GRYPHON ASSET MANAGEMENT 39,645,250 12/2
COMPANY
IHH HEALTHCARE 1,243,500 EMPLOYEES PROVIDENT FUND BOARD 654,663,600 10/2
INARI AMERTRON (127,000) KUMPULAN WANG PERSARAAN 471,117,175 12/2
(DIPERBADANKAN)
INARI AMERTRON 415,600 EMPLOYEES PROVIDENT FUND BOARD 242,950,950 10/2
KPJ HEALTHCARE 100,000 KUMPULAN WANG PERSARAAN 228,066,900 12/2
(DIPERBADANKAN)
KUALA LUMPUR KEPONG 426,000 EMPLOYEES PROVIDENT FUND BOARD 149,515,288 10/2
MALAYAN BANKING 2,000,000 EMPLOYEES PROVIDENT FUND BOARD 1,385,206,691 10/2
MAXIS 405,700 EMPLOYEES PROVIDENT FUND BOARD 879,188,700 10/2
MISC (3,608,000) EMPLOYEES PROVIDENT FUND BOARD 327,336,611 6, 7 & 10/2
MUHIBBAH ENGINEERING (M) 170,300 FIL LIMITED AND PANDANUS PARTNERS 47,691,500 10 & 11/2
L.P. BERMUDA
NESTLE (M) 103,200 EMPLOYEES PROVIDENT FUND BOARD 17,932,000 4 & 10/2
PENTAMASTER CORPORATION (209,100) KUMPULAN WANG PERSARAAN 31,383,550 12/2
(DIPERBADANKAN)
PETRONAS GAS 100,000 EMPLOYEES PROVIDENT FUND BOARD 238,432,975 10/2
PPB GROUP 517,000 EMPLOYEES PROVIDENT FUND BOARD 175,635,549 10/2
PUBLIC BANK 1,237,000 EMPLOYEES PROVIDENT FUND BOARD 514,495,800 10/2
QL RESOURCES 239,100 EMPLOYEES PROVIDENT FUND BOARD 104,755,260 10/2
RHB BANK 1,022,300 EMPLOYEES PROVIDENT FUND BOARD 1,659,777,704 10/2
SERBA DINAMIK (2,582,700) KUMPULAN WANG PERSARAAN 211,709,550 12/2
(DIPERBADANKAN)
SERBA DINAMIK 404,700 EMPLOYEES PROVIDENT FUND BOARD 190,626,920 10/2
SIME DARBY 1,000,000 EMPLOYEES PROVIDENT FUND BOARD 629,076,675 10/2
SIME DARBY 1,720,400 AMANAHRAYA TRUSTEES 2,760,739,200 11/2 Stocks closest to year high Stocks closest to year low
- SKIM AMANAH SAHAM BUMIPUTERA
SIME DARBY PLANTATION 2,756,200 EMPLOYEES PROVIDENT FUND BOARD 951,897,374 10/2 STOCK HIGH LOW CLOSE VOLUME STOCK HIGH LOW CLOSE VOLUME
(RM) (RM) (RM) ('000) (RM) (RM) (RM) ('000)
SKP RESOURCES 300,000 KUMPULAN WANG PERSARAAN 170,235,233 12/2
DIN045801028 105.500 105.500 105.500 0.1 CIMB-C56 0.095 0.090 0.090 1552
(DIPERBADANKAN)
TGUAN 4.210 3.910 4.200 2151.9 IQZAN 0.060 0.040 0.040 1548.8
TELEKOM MALAYSIA 1,926,800 EMPLOYEES PROVIDENT FUND BOARD 590,492,300 10/2
TENAGA NASIONAL 1,317,800 EMPLOYEES PROVIDENT FUND BOARD 906,255,882 10/2 FOCUSP 0.685 0.620 0.670 2574.7 KERJAYA-CL 0.025 0.020 0.020 520
THREE-A RESOURCES 261,500 TEO KWEE HOCK 25,030,725 11 & 12/2 SLVEST 1.330 1.130 1.290 38899.4 LEWEKO-WB 0.040 0.020 0.040 27.1
TIGER SYNERGY (1,050,000) DATIN SEK CHIAN NEE 33,283,200 12/2 MCLEAN 0.360 0.345 0.355 13883.7 DIALOG-C50 0.050 0.050 0.050 200
TOP GLOVE CORPORATION (2,845,700) EMPLOYEES PROVIDENT FUND BOARD 164,556,922 10/2 FBMKLCI-H8U 0.110 0.110 0.110 445.5 VERTICE 0.790 0.740 0.755 282.4
UMW 164,700 EMPLOYEES PROVIDENT FUND BOARD 135,313,644 10/2 RHBBANKC21 0.080 0.080 0.080 10 POS-C47 0.105 0.100 0.105 52
V.S. INDUSTRY (550,000) KUMPULAN WANG PERSARAAN 214,479,475 12/2 MYEG-C91 0.205 0.205 0.205 17.7 BAT-CW 0.050 0.040 0.050 171.8
(DIPERBADANKAN) GOCEAN 0.150 0.130 0.145 10010.9 MNC-WB 0.005 0.005 0.005 0.1
VELESTO ENERGY (2,000,000) AMANAHRAYA TRUSTEES 2,768,520,402 11/2 TAKAFUL-CM 0.075 0.055 0.075 541.5 PANAMY 33.020 32.900 32.900 9.5
- SKIM AMANAH SAHAM BUMIPUTERA KIPREIT 0.915 0.900 0.915 144.6 PRKCORP 0.235 0.210 0.210 148
VELESTO ENERGY 1,500,000 EMPLOYEES PROVIDENT FUND BOARD 588,326,374 11/2 TOPGLOV-C69 0.115 0.115 0.115 107 HENGYUANC11 0.030 0.025 0.030 150
WCT (400,000) EMPLOYEES PROVIDENT FUND BOARD 115,684,571 12/2 HUMEIND 1.810 1.700 1.710 3083.9 AIRASIAC92 0.005 0.005 0.005 9
WESTPORTS 1,041,100 EMPLOYEES PROVIDENT FUND BOARD 180,205,800 11/2 AIRASIAC96 0.005 0.005 0.005 39
HSI-HAO 0.400 0.400 0.400 0.1
WILLOWGLEN MSC (100,000) OSK TECHNOLOGY VENTURES 46,056,474 10/2
GENM-C71 0.045 0.035 0.045 1000.1 PBBANK-C40 0.040 0.035 0.040 690
YINSON (117,000) KUMPULAN WANG PERSARAAN 105,318,500 12/2
UNIWALL 1.220 1.220 1.220 12 YONGTAI-PA 0.100 0.100 0.100 50
(DIPERBADANKAN)
MYEG-C89 0.085 0.075 0.085 1300 IMPIANA 0.145 0.125 0.140 37422.7
While every effort is made to ensure accuracy, the information presented is not an exhaustive list and is not an official record of shareholder This table shows stocks that are trading near their year high. This This table shows stocks that are trading near their year low. This
filings. Direct and indirect share are combined due to space constraints. Readers who are interested should check the official filings filed with could suggest a build-up in buying momentum, or the possibility that could suggest a build-up in selling momentum, or the possibility that
Bursa Malaysia. Note: * denotes Ace Market profit-taking activities could set in later. bargain hunting could set in later.

Foreign exchange rates

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

NZ $ 0.595 0.644 0.633 0.494 0.854 0.896 0.896 0.959 2.6690 4.501 54.540 4.443 2.367 8,808 46.085 70.706 5.958 32.563 2.345 2.416 6.264 20.102 5.005
EURO 1.682 1.083 1.064 0.830 1.436 1.507 1.507 1.613 4.4880 7.569 91.710 7.471 3.979 14,810 77.493 118.894 10.018 54.755 3.944 4.063 10.533 33.802 8.415
US $ 1.552 0.923 0.982 0.766 1.325 1.391 1.391 1.489 4.1425 6.986 84.650 6.896 3.673 13,670 71.527 109.741 9.247 50.540 3.640 3.751 9.722 31.200 7.768
SWISS FR 1.581 0.940 1.018 0.780 1.349 1.417 1.417 1.516 4.2184 7.114 86.201 7.022 3.740 13,921 72.838 111.752 9.416 51.466 3.707 3.819 9.900 31.772 7.910
STERLING £ 2.025 1.205 1.305 1.282 1.729 1.816 1.816 1.943 5.4060 9.117 110.469 8.999 4.793 17,840 93.344 143.213 12.067 65.955 4.750 4.894 12.687 40.716 10.137
CANADA $ 1.171 0.697 0.755 0.741 0.578 1.050 1.050 1.123 3.1259 5.272 63.876 5.204 2.772 10,315 53.974 82.810 6.977 38.137 2.747 2.830 7.336 23.543 5.861
BRUNEI $ 1.116 0.663 0.719 0.706 0.551 0.952 1.000 1.070 2.9774 5.021 60.842 4.956 2.640 9,825 51.410 78.876 6.646 36.325 2.616 2.696 6.988 22.425 5.583
SINGAPORE $ 1.116 0.663 0.719 0.706 0.551 0.952 1.000 1.070 2.9774 5.021 60.842 4.956 2.640 9,825 51.410 78.876 6.646 36.325 2.616 2.696 6.988 22.425 5.583
AUSTRALIA $ 1.043 0.620 0.672 0.660 0.515 0.890 0.935 0.935 2.7825 4.692 56.859 4.632 2.467 9,182 48.045 73.713 6.211 33.947 2.445 2.519 6.530 20.957 5.217
MALAYSIA RM 0.375 0.223 0.241 0.237 0.185 0.320 0.336 0.336 0.359 1.0000 1.686 20.435 1.665 0.887 3,300 17.267 26.491 2.232 12.200 0.879 0.905 2.347 7.532 1.875
100 CHINESE RMB 22.217 13.213 14.315 14.057 10.969 18.970 19.916 19.916 21.311 59.2980 1,212 98.710 52.577 195,684 1,023.880 1,571 132.362 723.455 52.105 53.687 139.165 446.615 111.190
100 BANGLAD’H TAKA 1.834 1.090 1.181 1.160 0.905 1.566 1.644 1.644 1.759 4.8937 8.253 8.146 4.339 16,149 84.498 129.641 10.923 59.705 4.300 4.431 11.485 36.858 9.176
100 DANISH KRONER 22.508 13.385 14.502 14.241 11.112 19.218 20.176 20.176 21.590 60.0730 101.31 1,228 53.264 198,241 1,037.26 1,591 134.09 732.91 52.79 54.39 140.98 452.45 112.64
100 UAE DIRHAM 42.256 25.130 27.226 26.736 20.862 36.080 37.880 37.880 40.533 112.7825 190.20 2,305 187.74 372,183 1,947 2,988 251.75 1,376 99.10 102.11 264.69 849.44 211.48
1000 INA RUPIAH 0.011 0.007 0.007 0.007 0.006 0.010 0.010 0.010 0.011 0.0303 0.051 0.619 0.050 0.027 0.523 0.803 0.068 0.370 0.027 0.027 0.071 0.228 0.057
100 INDIA RUPEE 2.170 1.290 1.398 1.373 1.071 1.853 1.945 1.945 2.081 5.7915 9.767 118.346 9.641 5.135 19,112 153.425 12.927 70.658 5.089 5.243 13.592 43.620 10.860
100 JAPAN YEN 1.414 0.841 0.911 0.895 0.698 1.208 1.268 1.268 1.357 3.7748 6.366 77.136 6.284 3.347 12,457 65.178 8.426 46.054 3.317 3.418 8.859 28.431 7.078
100 NORWEGIAN KRONER 16.785 9.982 10.815 10.620 8.287 14.332 15.047 15.047 16.101 44.8000 75.551 915 74.576 39.722 147,840 773.547 1,187 546.575 39.366 40.561 105.140 337.421 84.004
100 PHILIPPINE PESO 3.071 1.826 1.979 1.943 1.516 2.622 2.753 2.753 2.946 8.1965 13.823 167.491 13.644 7.268 27,048 141.526 217.137 18.296 7.202 7.421 19.236 61.734 15.369
100 QATAR RIYAL 42.640 25.358 27.473 26.978 21.052 36.407 38.223 38.223 40.900 113.8049 191.920 2,326 189.444 100.907 375,557 1,965 3,015 254.029 1,388 103.036 267.085 857.145 213.396
100 SAUDI RIYAL 41.383 24.610 26.663 26.183 20.431 35.334 37.097 37.097 39.695 110.4519 186.266 2,257 183.863 97.934 364,492 1,907 2,926 246.544 1,348 97.054 259.216 831.892 207.108
100 SWEDISH KRONOR 15.965 9.494 10.286 10.101 7.882 13.631 14.311 14.311 15.314 42.6100 71.857 870.714 70.930 37.781 140,613 735.733 1,129 95.112 519.856 37.441 38.578 320.926 79.898
100 THAI BAHT 4.975 2.958 3.205 3.147 2.456 4.247 4.459 4.459 4.772 13.2772 22.391 271.313 22.102 11.772 43,815 229.253 351.733 29.637 161.986 11.667 12.021 31.160 24.896
100 HK$ 19.981 11.883 12.874 12.642 9.865 17.061 17.912 17.912 19.166 53.3305 89.936 1,089.782 88.776 47.286 175,991 920.841 1,413 119.041 650.650 46.861 48.284 125.160 401.670
Note: Run your finger down the left-hand side until you reach the country of origin you plan to exchange. Then move your finger until that line intersects with the vertical column of the currency you wish to buy. The figure is how much you will get. The above rates are subject to change and provided by Thompson Reuters.
MONDAY F E BRUA RY 17, 2020 • T HEED G E FINA NCIA L DA ILY
Markets 3 1
FUTURES . MONEY MARKET . COMMODITIES

Index futures Money market

Long Rolls - KLCI futures US Dollar Klibor
FKLI
Index points Open Interest Index points USD Index Implied interest rate (%)
105.0
1980 90000 18.00
-8.00 98.684
1,544.00 (-0.50) (+0.188)
4.5
3.10
(+6.00) (Unch)
1785 4.75 96.5
68000
3.5

1590 -8.50 88.0

46000

2.5
1395 -21.75
24000 79.5

1200 2000 -35.00 71.0 1.5

Jan 4, 2010 Feb 14, 2020 Jan 4, 2010 Feb 14, 2020 Oct 2, 2006 Feb 14, 2020 Oct 1, 2000 Feb 14, 2020

KLCI futures contract FBM KLCI futures Euro rebounds as US Klibor

close higher INDEX AND FUTURES
CONTRACT LAST CHANGE VOLUME
OPEN CHANGE IN
INTEREST OPEN INTEREST
stocks drop MONTH SETTLEMENT
PRICE
CHANGE VOLUME OPEN
INTEREST

The FBM KLCI futures (FKLI) contract on FBMKLCI 1,544.46 5.30 98M The euro bounced against the greenback last FEB0 96.90 — — —
MAR0 96.90 — — —
Bursa Malaysia Derivatives ended higher FEB 20 1,544.00 6.00 6,617 38,790 488 Friday as US stocks declined from record APR0 96.90 — — —
last Friday, in line with the underlying cash MAR 20 1,537.00 7.00 413 1,831 65
highs, though concerns about growth in the JUN0 96.90 — — —
JUN 20 1,534.50 7.00 40 528 -14
market. SEP 20 1,530.00 6.50 34 160 20
eurozone are expected to keep weighing on SEP0 96.90 — — —
At the close of trade, spot month February TOTAL the single currency. DEC0 96.90 — — —
7,104 41,309 559
MAR1 96.90 — — —
2020 hiked up six points to 1,544; March 2020 Anxiety about the impact of the Covid-19 JUN1 96.90 — — —
and June 2020 gained seven points to 1,537 FUTURES
FEB/MAR
ROLL OVER BID
-7.5
OFFER
-8.0
CLOSE
-8.0
on the European economy this week helped SEP1 96.90 — — —
and 1,534.5 respectively; and September send the euro to its lowest levels against the DEC1 96.90 — — —
2020 added 6.5 points to 1,530. FUTURES FAIR VALUE US dollar in 2½-years. MAR2 96.90 — — —
JUN2 96.90 — — —
Turnover was higher at 7,104 lots CONTRACT FEB 20
DAYS TO EXPIRY
15
KLIBOR DIVIDEND FAIR VALUE
1.74 0.94 0.80
A report last Friday that Fiat Chrysler SEP2 96.90 — — —
from 6,373 lots last Thursday, while open MAR 20 47 5.70 13.61 -7.91 plans to close a plant in Serbia due to a lack DEC2 96.90 — — —
interest widened to 41,309 contracts from ROLL’S FAIR -8.70 of parts added to fears that ties to China MAR3 96.90 — — —
40,146 contracts. leave Europe’s economy vulnerable. JUN3 96.90 — — —
SEP3 96.90 — — —
At the closing bell, the FBM KLCI was “We had some first indications that this
DEC3 96.90 — — —
5.3 points higher at 1,544.46. might be starting to impinge on the global MAR4 96.90 — — —
The FKLI contract on Bursa Malaysia supply chain this morning with Chrysler JUN4 96.90 — — —
Derivatives is expected to trade lower this shutting one of their factories in Eastern SEP4 96.90 — — —
week, tracking the anticipated downtrend Around the region, MSCI’s Asia ex-Japan Europe because of shortage of supplies from DEC4 96.90 — — —
TOTAL 0 0
in the underlying cash market. stock index was firmer by 0.2%. — Agencies China,” said a strategist in Toronto. — Reuters

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

CPO & Open Interest CPO vs Soyoil Crude Oil Gold

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

3450 152500 5075

0.3166 0.525 121.25 1660 1,583.80
2,629 (RM2,890/tonne)
(+7.50)
(+21) 52.05
2700 105000 3750 0.350 87.50 (+0.63) 1340

1950 57500 2425 0.175 53.75 1020

2,629
1200 10000
700
1100 (+21) 0.000 20.00
Jan 6, 2008 Feb 14, 2020 Apr 10, 2007 Feb 14, 2020 Aug 31, 2008 Feb 14, 2020
Jan 6, 2008 Feb 14, 2020

Palmoilclocksweeklydropon CPO futures Oil prices gains, posting Commodities

expectationoflowerFebexports CONTRACT
MAR-20
LAST
2,701
CHANGE
43
VOLUME
1,208
OPEN CHANGE IN
INTEREST OPEN INTEREST
9,134 -462
their first weekly gain AGRICULTURE
CRUDE PALM OIL
UNIT
RM/TON
EXCHANGE
MDEX
LAST PRICE CHANGE
2,629 -21
RUBBER SEN/KG MRB 554.00 -1.50
APR-20 2,659 34 23,222 58,856 -2,969
Malaysian palm oil futures rose last Friday, Oil prices rose over 1% last Friday, posting CORN USC/BSH CBOT 383.50 4.25
MAY-20 2,629 21 22,300 75,748 1,438
SOYBEANS USC/BSH CBOT 882.00 1.00
tracking an uptick in soyoil, but expectation JUN-20 2,594 1 9,102 41,289 1,261 their first weekly gain since early January
WHEAT USC/BSH CBOT 558.75 2.50
of lower February exports amid the Covid-19 JUL-20 2,557 -6 6,601 33,747 2,473 as investors bet the economic impact of the LIVE CATTLE USC/IBS CME 119.800 0.050
outbreak in China capped gains with the CPO FUTURES CPO/SOYOIL Covid-19 would be short-lived and hoped COCOA US$/TON NYBOT 2,890 25
edible oil marking a weekly drop of more INDICATIVE ROLL-OVER CURRENT FUTURES BASIS (USD) for further Chinese central bank stimulus COFFEE USC/IBS NYBOT 100.85 0.50
FEB/MAR -40 -119.57
than 5%. FEB/APR 0 3 MONTHS AVERAGE -118.94
to tackle any slowdown. SUGAR USC/IBS NYBOT 14.73 0.19
The benchmark palm oil contract for FEB/MAY Brent crude rose 98 US cents or 1.74% COTTON USC/IBS NYC 69.02 -0.29
33 6 MONTHS AVERAGE -118.91
April delivery on Bursa Malaysia Derivatives MAR/APR 40 to settle at US$57.32 a barrel. It rose 5.23% METAL & PRECIOUS METALS
TIN US$/TON KLTM 16,750 160
(BMD) closed RM21 or 1.3% higher at SGS & ITS EXPORT ESTIMATES (TONNES) since last Friday, its first weekly increase in COPPER USC/IBS CMX 2.5570 -0.0395
RM2,629, after touching its lowest since Feb SHIPMENT DAYS NOV’19 DEC’19 JAN’20 six weeks. US West Texas Intermediate futures GOLD US$/TROY OZ CMX 1,583.80 7.50
3. “Shanghai and Hong Kong stocks are in 1 - 10TH DAYS 425/414 377/367 457/456 gained 63 US cents or 1.23% to US$52.05 a PLATINUM US$/TROY OZ NYMEX 969.20 1.80
positive (territory) and not coming down 1 - 15TH DAYS 677/667 572/552 585/569
barrel. The weekly rise was 3.44%. PALLADIUM US$/TROY OZ NYMEX 2,206.80 -26.90
... soybean oil and Dalian came off lows 11 -- 20TH DAYS
25TH DAYS
933/948
1,167/1,179
838/820 766/739
1,067/1,067 1,015/1,012
“The massive liquidation process that SILVER USC/TROY OZ CMX 17.69 -0.13
tracking this ... it spurred some buying in FULL MONTH drove prices sharply lower last month has ALUMINIUM RMB/TON SHF 13,735 UNCH
1,410/1,418 1,325/1,349 1,220/1,232
ZINC RMB/TON SHF 17,120 UNCH
the BMD,” a Kuala Lumpur-based trader MALAYSIAN PALM OIL BOARD likely been completed and is being replaced
said. OCT’19 NOV’19 DEC’19 JAN’20 by accumulation as well as short-covering ENERGY
LIGHT CRUDE OIL US$/BBL NYMEX 52.05 0.63
Market sentiment got a lift after health PRODUCTION 1,965 1,845 1,808 1,166 from speculators who have recently entered HEATING OIL USC/GAL NYMEX 1.6393 -0.0243
officials said the daily death toll in Hubei, EXPORT
STOCKS
1,571
2,722
1,375
3,007
1,383
3,215
1,214
1,755
the market,” Jim Ritterbusch, president of NATURAL GAS US$/MMBTU NYMEX 1.892 0.005
the Chinese province at the centre of the Ritterbusch and Associates, said in a note. BRENT CRUDE US$/BBL ICE 57.32 0.98
Covid-19 outbreak, halved and the number MPOB palm oil physical — Reuters GAS OIL US$/TON ICE 505.25 -2.50
of new cases dropped from a record posted (IN RM/TON) FEB’20 MAR’20 APR’20

the day before. China stocks advanced as CPO DELD

PK EX-MILL
2,702.50 2,700.00 NO TRADE
NO TRADE NO TRADE NO TRADE
Centrifuged Latex Rubber - M’sia SMR 20
the number of new Covid-19 cases dropped. CPKO DELD 3,307.00 3,290.50 NO TRADE Sen/Kg
Sen/Kg
Soyoil prices on the US Chicago Board RBD P.OIL FOB NO TRADE NO TRADE NO TRADE 1100 1900
of Trade edged up 0.4%. RBD P.OLEIN FOB NO TRADE NO TRADE NO TRADE
Palm oil is affected by price movements RBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE 900 1475
in related oils as they compete for a share MPOB FFB REF PRICE (MILL GATE PRICE)
in the global vegetable oils market. REGION GRADE A GRADE B GRADE C 700 1050
OER (RM/TON) OER(RM/TON) OER (RM/TON) 463.50 554.00
However, the market remained bearish NORTH 20.00% 560 19.00% 534 18.00% 507 (-4.00) (-1.50)
and any upside is a dead cat bounce — a SOUTH 20.00% 564 19.00% 538 18.00% 511
500 625
brief recovery, the trader said. CENTRAL 20.00% 563 19.00% 536 18.00% 510
Palm oil prices declined 5.5% for the EAST COAST 20.00% 561 19.00% 535 18.00% 508 300 200

week after an 8% gain last week. — Reuters SABAH

SARAWAK
22.00% 549
22.00% 555
21.00% 525
21.00% 530
20.00% 501
20.00% 506
Jan 7, 2007 Feb 14, 2020 Jan 7, 2007 Feb 14, 2020
 Markets
32 M ON DAY FEB RUARY 17, 2 02 0 • TH EEDGE FI N AN C I AL DAI LY

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

KLCI 1,544.46 5.30 FBM ACE 5,619.81 5.65 FTSTI 3,220.03 0.06 NIKKEI 23,687.59 140.14 HANG SENG 27,815.60 85.60 DOW JONES 29,398.08 25.23

Do not go where the path may lead, go instead where Market movers
there is no path and leave a trail. — Ralph Waldo Emerson
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 MYEG 119,802.7 0.020 1.48 1.370 19.85 1.41
('000) (%) (RM) (RM) (RM) (RM) ARMADA 105,346.0 0.015 3.95 0.395 — 1.07
Index point
1547.0 1,544.00 EKOVEST 91,123 2.01 0.015 0.760 0.765 0.730 EKOVEST 91,122.5 0.015 2.01 0.760 10.92 1.34
1545.4 (+6.00) PWRWELL 61,402 11.32 0.030 0.295 0.300 0.265 DGB 68,122.0 -0.005 -5.26 0.090 — 0.00
1543.8 HSI-H8T 35,665 -6.98 -0.030 0.400 0.430 0.370 PWRWELL 61,401.5 0.030 11.32 0.295 10.60 0.00
1542.2 ALAM-WA 33,565 10.00 0.005 0.055 0.060 0.050 MTOUCHE 52,674.7 UNCH UNCH 0.180 — 0.00
1540.6 HSI-C7Q 33,102 5.66 0.015 0.280 0.315 0.255 AIRASIA 47,943.9 0.030 2.56 1.200 — 20.51
KL Composite Index NAIM 23,625 10.57 0.130 1.360 1.370 1.240 SEALINK 43,014.0 -0.040 -8.89 0.410 — 0.00
1539.0
1537.4
1,544.46 MYEG-C84 22,419 9.52 0.010 0.115 0.125 0.100 ALAM 42,004.2 0.010 7.14 0.150 — 0.00
KLCI futures
(+5.30) SERBADK-WA 21,392 -2.44 -0.010 0.400 0.425 0.400 SMETRIC 39,108.5 UNCH UNCH 0.150 — 0.00
1535.8 EKOVEST-C3 17,571 12.50 0.010 0.090 0.090 0.075 SLVEST 38,899.4 0.140 12.17 1.290 30.26 0.00
1534.2 DSONIC-WA 17,209 -3.52 -0.025 0.685 0.715 0.685 PERDANA 38,514.3 0.010 2.17 0.470 — 0.00
1532.6 HSI-H8K 16,576 -21.74 -0.025 0.090 0.110 0.080 IMPIANA 37,422.7 -0.005 -3.45 0.140 — 0.00
1531.0 YINSON-C2 15,309 72.73 0.040 0.095 0.135 0.075 HSI-H8T 35,665.2 0.015 3.90 0.400 — 0.00
8:45 9:30 10:30 11:30 12:45 14:30 15:30 16:30 17:15
HSI-C7K 14,348 6.25 0.010 0.170 0.205 0.150 ALAM-WA 33,564.7 0.005 10.00 0.055 — 0.00
SMETRIC-WA 14,242 -28.57 -0.010 0.025 0.035 0.025 HSI-C7Q 33,102.0 -0.020 -6.67 0.280 — 0.00
Daily FBM KLCI HSI-H8W 12,618 -11.11 -0.015 0.120 0.135 0.115 DOLPHIN 33,078.5 -0.020 -16.00 0.105 17.86 0.00
KSTAR 12,410 23.08 0.015 0.080 0.080 0.070 KNM 31,414.1 UNCH UNCH 0.260 — 0.00
IWCITY 30,744.4 -0.010 -1.27 0.780 — 0.00
KL Composite Index Moving average - 20-day Table above is from Reuters Volume break 3x 5-day average volume, meaning the total number of shares
NAIM 23,625.2 0.130 10.57 1.360 4.53 0.00
2030.0 1,544.46 traded for a particular counter on the previous trading day is more than triple the average volume for the
(+5.30) last 5 trading days. The table captures the build-up of interest in these companies and is thus a gauge of
market expectations for these counters. Top gainers and losers (ranked by RM)
1727.5

1,554.93 KLCI up to intraday high after Guan UP

CLOSE
CHANGE
(RM)
DOWN
CLOSE
CHANGE
(RM)

Eng’s economic stimulus statement

1425.0 DIN045801028 105.500 1.700 F&N 33.500 -0.900
DLADY 41.500 1.000 HLFG 15.840 -0.220
HENGYUAN 3.880 0.500 PBBANK 17.620 -0.180
1122.5
CARLSBG 36.000 0.340 MUHIBAH 1.840 -0.120
KUALA LUMPUR: The FBM KLCI rose 5.3 points or 0.34% at TAKAFUL 5.030 0.320 PANAMY 32.900 -0.120
820.0 its intraday high last Friday following a final-hour spike in SCIENTX 9.500 0.250 SAM 7.880 -0.120
Jan 2, 2008 Feb 14, 2020
an apparent reaction to Finance Minister Lim Guan Eng’s TGUAN 4.200 0.240 AEONCR 13.220 -0.100
statement that Prime Minister Tun Dr Mahathir Mohamad SHANG 5.120 0.220 BKAWAN 16.100 -0.100
900 will announce an economic stimulus package on Feb 27 to BAT 11.800 0.200 PETDAG 22.160 -0.100
DIN042300721 102.400 0.200 VERTICE-WA 0.360 -0.080
mitigate the Covid-19 outbreak’s impact on Malaysia.
600 YINSON 7.000 0.200 MRCB-C60 0.075 -0.075
At 5pm, the KLCI closed at 1,544.46, supported by sharp KPOWER 2.950 0.180 ENRA 1.130 -0.070
300 11th-hour gains in prices of index-linked stocks including
Maxis Bhd and Digi.Com Bhd. Top gainers and losers (ranked by precentage)
0 “The stimulus intends to mitigate the adverse external

 
Volume (’mil) economic impacts of the Covid-19 outbreak on Malaysia UP CHANGE DOWN CHANGE
CLOSE (%) CLOSE (%)
while preserving the welfare of the rakyat (people),” Lim
FBM KLCI futures said in the statement. AIRASIAC94 0.010 100.00 SUNCON-CX 0.005 -90.91
ASIAPLY-WA 0.010 100.00 AIRASIAC92 0.005 -75.00
CONTRACT SETTLEMENT CHANGE HIGH LOW
Across Bursa Malaysia, 2.67 billion shares exchanged
HSI-C7J 0.010 100.00 AIRASIAC96 0.005 -66.67
FEB 20 1,544.00 6.00 1,547.00 1,531.50 hands for RM2.26 billion. A total of 465 counters gained HSI-H8J 0.010 100.00 AEON-CR 0.005 -50.00
MAR 20 1,537.00 7.00 1,538.00 1,524.00 against 330 decliners. Maxis closed up 13 sen or 2.36% at KSTAR-WA 0.020 100.00 HSI-H8P 0.005 -50.00
JUN 20 1,534.50 7.00 1,535.00 1,522.00
RM5.63 while Digi.Com rose eight sen or 1.83% to RM4.45. HENGYUANC13 0.055 83.33 KNM-WB 0.005 -50.00
Fund managers said Malaysian shares will also take EKOVEST-C5 0.035 75.00 MNC-WB 0.005 -50.00
FBM KLCI sensitivity* cue from the ongoing corporate financial reporting HENGYUANC12 0.035 75.00 MRCB-C60 0.075 -50.00
YINSON-C2 0.095 72.73 PHB 0.005 -50.00
KLCI CHANGE CLOSE VOLUME season for the October-to-December 2019 quarter (4Q19).
POINTS (RM) (RM) ('000) YINSON-C8 0.190 72.73 YINSON-C4 0.065 -38.10
MAXIS 1.58 0.130 5.630 1678.7
“The ripple is still there. Let’s see the corporate results TAKAFUL-CK 0.025 66.67 FBMKLCI-C7S 0.020 -33.33
DIGI.COM 0.97 0.080 4.450 1850.5 over the next few weeks and see if the weakness of the 4Q19 TAKAFUL-CM 0.075 66.67 NEXGRAM 0.010 -33.33
TENAGA NASIONAL 0.88 0.100 12.680 1660.0 GDP (Malaysia gross domestic product numbers) translated
SIME DARBY PLANTATION 0.75 0.070 5.290 3134.0 (into weakness) numbers translated (into weakness) across Top gainers and losers - warrants (ranked by precentage)
DIALOG GROUP 0.53 0.060 3.450 8224.8 the market or (the impact is) concentrated within certain
RHB BANK 0.44 0.070 5.710 2004.1 UP CHANGE DOWN CHANGE
GENTING 0.42 0.070 5.460 3285.7
sectors,” Areca Capital Sdn Bhd chief executive officer Danny CLOSE (%) CLOSE (%)
HARTALEGA 0.32 0.060 6.170 9303.6 Wong Teck Meng told theedgemarkets.com. — by Adam Aziz AIRASIAC94 0.010 100.00 SUNCON-CX 0.005 -90.91
PPB GROUP 0.31 0.140 18.740 269.5
World equity indices ASIAPLY-WA 0.010 100.00 AIRASIAC92 0.005 -75.00
MISC 0.28 0.040 8.070 4933.8 HSI-C7J 0.010 100.00 AIRASIAC96 0.005 -66.67
IHH HEALTHCARE 0.27 0.020 5.810 5389.7 CLOSE CHANGE CLOSE CHANGE HSI-H8J 0.010 100.00 AEON-CR 0.005 -50.00
AMMB 0.23 0.050 3.900 2640.3
DOW JONES 29,398.08 -25.23 INDONESIA 5,866.95 -5.01 KSTAR-WA 0.020 100.00 HSI-H8P 0.005 -50.00
MALAYSIA AIRPORT 0.00 0.000 7.000 1248.1
S&P 500 3,380.16 6.22 JAPAN 23,687.59 -140.14 HENGYUANC13 0.055 83.33 KNM-WB 0.005 -50.00
HAP SENG CONSOLIDATED -0.27 -0.070 9.440 48.7
NASDAQ 100 9,623.58 27.88 KOREA 2,243.59 10.63 EKOVEST-C5 0.035 75.00 MNC-WB 0.005 -50.00
HONG LEONG FINANCIAL -0.39 -0.220 15.840 137.7
FTSE 100 7,409.13 -42.90 PHILIPPINES 7,282.00 -121.12 HENGYUANC12 0.035 75.00 MRCB-C60 0.075 -50.00
PUBLIC BANK -1.09 -0.180 17.620 3713.2
AUSTRALIA 7,130.20 27.00 SINGAPORE 3,220.03 -0.06 YINSON-C2 0.095 72.73 YINSON-C4 0.065 -38.10
SUB-TOTAL 5.22
CHINA 2,917.01 10.94 TAIWAN 11,815.70 23.92 YINSON-C8 0.190 72.73 FBMKLCI-C7S 0.020 -33.33
OTHERS 0.08
HONG KONG 27,815.60 85.60 THAILAND 1,526.30 -6.47 TAKAFUL-CK 0.025 66.67 NEXGRAM 0.010 -33.33
GRAND TOTAL 5.30
INDIA 41,257.74 -202.05 VIETNAM 937.45 -0.79 TAKAFUL-CM 0.075 66.67 WCT-WE 0.010 -33.33
* How stock price changes affected the index on the previous trading day

Published by The Edge Communications Sdn Bhd (266980-X) Level 3, Menara KLK, No 1, Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, Selangor, Malaysia.
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