thursday march 26, 2020 issue 3095/2020 financial daily - the edge · 2020-03-25 · 2 thursday...

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Malaysia’s Covid-19 cases more than doubled last week despite MCO 3 HOME BUSINESS FINANCIAL DAILY www.theedgemarkets.com MAKE BETTER DECISIONS PP 9974/08/2013 (032820) PENINSULAR MALAYSIA RM2.00 THURSDAY MARCH 26, 2020 ISSUE 3095/2020 STAY HOME PLEASE WE WILL DELIVER THE NEWS TO YOU AT theedgemarkets.com 4 HOME BUSINESS 5 HOME BUSINESS 6 HOME BUSINESS 8 HOME BUSINESS Big caps that lead the rebound Banks allowed to tap into capital buffers to face headwinds Margma warns of chronic shortage of gloves if full capacity does not resume AMMB and AmIslamic seek to strike out Najib’s suit 9 HOME BUSINESS ‘Deflation likely amid expected weaker consumer spending power’ FBM KLCI 1324.50 33.36 KLCI FUTURES 1329.50 47.00 STI 2505.47 143.42 RM/USD 4.386 CPO RM2387.00 34.00 OIL US$26.09 1.06 GOLD US$1624.10 36.70 e Edge Covid-19 funds touch RM19.2 million PAGE 2 MCO EXTENDED TO APRIL 14 amid rising new cases PM assures Malaysians that there is enough food to go around during the extension. Story on Page 3. PHOTO BY SHAHRIN YAHYA S S ST T A Y HOME E E OM PLEASE 5 HO ME B US IN ES S 6 H O ME B US INE SS 8 H O ME B US INE SS the rebound Banks allowed to tap into capital buff er s t o f ace headwinds Margma warns of chronic shortage of gloves if full capacity does not resume AMMB and AmIslamic seek to strike out Najib’s suit 9 HO ME B US IN ES S ‘Defl ation likely amid expected weaker consumer di spending power’ o o o o o o o ow w w w w w w w w w w w w w w w o o o o o o o o o PM assures Malaysians that there is enough food to go around during the extension. Story on Page 3.

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Page 1: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

Malaysia’s Covid-19 cases more thandoubled last week despite MCO

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

FINANCIALDAILY

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

M A K E B E T T E RDECISIONS

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

THURSDAY MARCH 26, 2020 ISSUE 3095/2020

STAY HOME PLEASE

WE WILL DELIVER

THE NEWS TO YOU AT

theedgemarkets.com

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

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

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

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

Big caps that lead the rebound

Banks allowed to tap into capital buff ers to face headwinds

Margma warns of chronic shortage of gloves if full capacity does not resume

AMMB and AmIslamic seek to strike out Najib’s suit

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

‘Defl ation likely amid expected weaker consumer spending power’

FBM KLCI 1324.50 33.36 KLCI FUTURES 1329.50 47.00 STI 2505.47 143.42 RM/USD 4.386 CPO RM2387.00 34.00 OIL US$26.09 1.06 GOLD US$1624.10 36.70

Th e Edge Covid-19 fundstouch RM19.2 million PA G E 2

MCO EXTENDEDTO APRIL 14amid rising new casesPM assures Malaysians that there is enough food to go around during the extension. Story on Page 3.

PHOTO BY SHAHRIN YAHYA

SSSTTAY HOME EEOMPLEASE

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

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

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

the rebound

Banks allowed to tap into capital buffers ffffto face headwinds

pp

Margma warns of chronic shortage of

g

gloves if full capacity g

does not resumeg pg

AMMB and AmIslamic seek to strike out Najib’s suit

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

‘Defl ation likely flamid expected

yy

weaker consumer p

di ’spending power’oooooooowwwwwwwwwwwwwwwwoooooooooow

PM assures Malaysians that there is enough food to go around during the extension.Story on Page 3.

Page 2: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

Malaysia’s Covid-19 cases more thandoubled last week despite MCO

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

FINANCIALFINANCIALDAILYDAILY

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

M A K E B E T T E RDECISIONS

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

THURSDAY MARCH 26, 2020 ISSUE 3095/2020

STAY HOME PLEASE

WE WILL DELIVER

THE NEWS TO YOU AT

theedgemarkets.com

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

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

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

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

Big caps that lead the rebound

Banks allowed to tap into capital buff ers to face headwinds

Margma warns of chronic shortage of gloves if full capacity does not resume

AMMB and AmIslamic seek to strike out Najib’s suit

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

‘Defl ation likely amid expected weaker consumer spending power’

FBM KLCI 1324.50 33.36 KLCI FUTURES 1329.50 47.00 STI 2505.47 143.42 RM/USD 4.386 CPO RM2387.00 34.00 OIL US$26.09 1.06 GOLD US$1624.10 36.70

Th e Edge Covid-19 fundstouch RM19.2 million PA G E 2

MCO EXTENDEDTO APRIL 14amid rising new casesPM assures Malaysians that there is enough food to go around during the extension. Story on Page 3.

PHOTO BY SHAHRIN YAHYA

Page 3: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

For breaking news updates go towww.theedgemarkets.com

O N E D G E T V

www.theedgemarkets.com

Malaysians to stay home until April 14

BY T H E E D G E

Th e Edge Covid-19 funds touch RM19.2m

The Edge Communications Sdn Bhd (266980-X)

Level 3, Menara KLK, No 1 Jalan PJU 7/6, Mutiara Damansara, 47810 Petaling Jaya, Selangor, Malaysia

Publisher and Group CEO Ho Kay Tat

EDITORIAL

For News Tips/Press ReleasesTel: 03-7721 8219 Fax: 03-7721 8038Email: [email protected]

Editor-in-Chief Azam ArisExecutive Editors Ooi Inn Leong, Kathy Fong, Jenny Ng, Diana KhooSenior Editors Cindy Yeap, Jose Barrock, Kang Siew Li, Joyce GohAssociate Editors R B Bhattacharjee, Vasantha Ganesan, Adeline Paul Raj Deputy Editor Tan Choe Choe Assistant Editors Khairie Hisyam Aliman, Kanagaraju S SithambaramChief Copy Editor Felyx TeohAssistant Chief Copy Editor Melanie ProctorAssociate Copy Editor Teoh Hock SiewCopy Editors Tham Kid Cheng,Tham Yek LeeArt Director Sharon KhohChief Graphic Designer Cheryl LohDesign Team Valerie Chin, Mohd Yusry, Aaron Boudville, Aminullah Abdul Karim, Noorain Duasa, Tun Mohd Zafi an Mohd Za’abah

EDITORIAL ADMINISTRATION

Manager Katherine TanSenior Coordinator Maryani Hassan

CORPORATE

Chief Operating Offi cer Lim Shiew Yuin

ADVERTISING & MARKETING

To advertise contactGL: (03) 7721 8000 Fax: (03) 7721 8288Chief Commercial Offi cer Sharon Teh (012) 313 9056General Manager

Fong Lai Kuan (012) 386 2831 Senior Sales Manager

Gregory Thu (012) 376 0614Head of Marketing Support & Ad Traffi c

Lorraine Chan (03) 7721 8001Email: [email protected]

OPERATIONS

To order copyTel: 03-7721 8052 / 8050 / 8037Fax: 03-7721 8282Email: [email protected]

Managing Director/Editor-in-Chief

Au Foong YeeExecutive Editor Sharon KamAssistant Editor Tan Ai Leng

MARKETING & ADVERTISING

Associate Account Director,

Advertising & Marketing

Heidee Ahmad (019) 388 1880

PRODUCT DEVELOPMENT & CUSTOMER ADVISORY

Senior Manager Elizabeth Lay

KUALA LUMPUR : Th e two broth-ers of the Shamsuddin family, Tan Sri Shahril Shamsuddin and Datuk Shahriman Shamsuddin of Sapu-ra Holdings Sdn Bhd, have come forward to donate RM1 million to help fi ght the Covid-19 health crisis.

Th ey gave RM750,000 to Th e Edge Covid-19 Equipment Fund and RM250,000 to Th e Edge Cov-id-19 Health Workers Support Fund.

“We are touched by the eff ort, tenacity and undivided commit-ment of the heroic frontliners in combating this new phenome-non,” they said. “Th ank you for all that you do.”

Two other companies, West-ports Holdings Bhd and Taliworks Corp Bhd, also gave RM1 million each.

Others who did so yester-day were Batu Kawan Bhd (RM250,000), Datin Mina Cheah-Foong (RM250,000) and KPMG Malaysia (RM150,000).

“It is the right thing for us to do,” says KPMG managing partner Datuk Johan Idris. KPMG also of-fered free service to audit the two accounts that will be presented to all donors.

Datin Mina Cheah-Foong, managing director of InNature Bhd, says many people want to contribute, by working with Th e Edge and it can be done in one collective and focused action. She chose the equipment fund be-cause “if I were sick, I would want healthy and properly equipped people and hospitals to look af-ter me”.

Another donor is Perdana ParkCity Sdn Bhd, which had on Monday committed RM1 million.

“It is heart-warming to see Cor-porate Malaysia coming together to contribute,” says its group chief executive officer Datuk Joseph Lau. “Our prayers and utmost grat-itude are with the frontline [per-sonnel] and with each and every one who has come forth to assist.”

Another RM1 million donor is Dialog Group Bhd.

“It is heartening to see the cap-tains of Corporate Malaysia com-ing forward to contribute towards the fi ght against Covid-19,” says Tan Sri Dr Ngau Boon Keat, ex-ecutive chairman of Dialog. “It is important that those who are in a position to contribute take ac-tion in this time of crisis to help support our overstressed medical facilities and healthcare workers. Th e sooner we all come together to do our little bit, the faster we will overcome this pandemic”.

Th e total amount raised now

stands at RM19.2 million, of which RM11.3 million is for Th e Edge Covid-19 Equipment Fund, while RM7.9 million is for Th e Edge Cov-id-19 Health Care Workers Sup-port Fund.

“We are appreciative of how Corporate Malaysia has responded and hope more will do their part,” says Th e Edge Media publisher Datuk Ho Kay Tat. “We have also been receiving contributions from individuals and are in the midst of compiling them. We welcome any sum that people want to do-nate to help our frontline health services and workers.”

Ho added that orders have been placed for personal protection suits, oxygen concentrators and ventilators.

Sapura Holdings’ Shahril

Perdana ParkCity’s Lau

KPMG’s Johan

Dialog’s Ngau

InNature’s Mina Cheah

Orders placed for personal protection suits, oxygen concentrators and ventilators

List of donors

THE EDGE COVID-19 EQUIPMENT FUND

1. Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) RM1m2. Anonymous RM500,0003. Batu Kawan Bhd RM250,0004. Dialog Group Bhd RM500,0005. ECM Libra Foundation RM500,0006. Magnum Corp Bhd RM500,0007. Matrix Concepts Bhd RM500,0008. OSK Foundation RM500,0009. Perdana ParkCity Sdn Bhd RM1m10. Press Metal Aluminium Holdings Bhd RM500,00011. QL Resources Bhd RM500,00012. Taliworks Corporation Bhd RM1m13. The Edge Communications Sdn Bhd RM100,00014. TSH Resources Bhd RM100,00015. Westports Holdings Bhd RM750,00016. YTL Power International Bhd RM500,00017. Tan Sri David Cheng and Datuk Allan Lim (GPL Group) RM500,00018. Datuk Simon Foong and Datin Mina Cheah-Foong/InNature Bhd RM250,00019. Datuk Seri Nazir Razak RM500,00020. Tan Sri Shahril Shamsuddin and Datuk Shahriman Shamsuddin RM750,00021. Datuk Tong Kooi Ong (UPP Pulp & Paper (M) Sdn Bhd) RM500,00022. Yvonne Lam RM100,000Total RM11.3m

THE EDGE COVID-19 HEALTH CARE WORKERS SUPPORT FUND

1. Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) RM1m2. Affin Hwang Asset Management Bhd RM250,0003. Dialog Group Bhd RM500,0004. FWD Group/FWD Takaful Bhd RM2m5. Hartalega Foundation RM1m6. IJM Corp Bhd RM1m7. KPMG Malaysia RM150,0008. Magnum Corp Bhd RM500,0009. Newfields Advisors Sdn Bhd RM250,00010. Press Metal Aluminium Holdings Bhd RM500,00011. Rexit Bhd RM250,00012. Westports Holdings Bhd RM250,00013. Tan Sri Shahril Shamsuddin and Datuk Shahriman Shamsuddin RM250,000Total RM7.9m

He thanked home improve-ment retailer Mr DIY for help-ing to source for protection suits and masks from China through their networks there and Datuk

Dr Tamil Selvam, who is coordi-nating the purchases of medical equipment.

A more complete update will be published in Th e Edge weekly.

Page 4: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

H O M E B U S I N E S S 3THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

MCO extended to April 14 amid rising new Covid-19 casesPM assures Malaysians that there is enough food to go around during the extension period

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

Source: Ministry of health

2020

1,796

Jan

25

Mar

ch 4

Mar

ch 2

5

Mar

ch 1

8

Malaysia’s Covid-19 positive case tally

0

50

100

150

200

250

0

360

720

1080

1440

1800

Number of new cases

Total number ofpositive cases

MCO Period172

Number of Covid-19 cases according to states in Malaysia

0 100 200 300 400 500

(As at noon, March 25, 2020)

SelangorWilayah Persekutuan Kuala Lumpur

JohorSabahPerak

Negeri SembilanSarawakKelantan

Pulau PinangKedah

PahangTerengganu

MelakaWilayah Persekutuan Putrajaya

PerlisWilayah Persekutuan Labuan

TOTAL: 1,796

435270

196170

128123

8584

706964

3833

16105

36

1

52

Total Deaths: 20

1

1

1

MCO Period

Daily confirmed cases linked to tabligh cluster

0

50

100

150

200

Mar

ch 1

2

Mar

ch 1

8

Mar

ch 2

5

KUALA LUMPUR: Given the escalat-ing number of confi rmed Covid-19 infection cases, the government has decided to extend the movement control order (MCO) by an addition-al 14 days to April 14 from March 31 originally, the prime minister an-nounced yesterday.

Tan Sri Muhyiddin Yassin pointed to the rising daily new cases in the country, saying that the government believes the rise in the number of new cases may continue for a while before the curve starts fl attening.

Meanwhile, he did not rule out the possibility of a further exten-sion after April 14, if the situation warrants to do so. Muhyiddin, who is also fi nance minister, cautioned the public to be “mentally and phys-ically prepared to stay at home for

a reasonably longer period of time”.He told the public in a special

address broadcast live on television yesterday that the government will continue to review the MCO period from time to time.

“I was briefed by the health min-istry and National Security Council that the trend shows that new cas-es of Covid-19 positive continue to emerge. This trend is expected to remain for a while before new cases start to decline.

“Th is has prompted the govern-ment to extend the MCO for a longer period,” Muhyiddin, who took over the offi ce less than a month since March 2.

He is urging the public to “stay calm and don’t panic”, assuring them that food supply will remain suffi cient

KUALA LUMPUR: Even with the movement control order or partial lockdown in place since last week, the number of Covid-19 infections in Malaysia has more than doubled, as the tally jumped from 790 cases recorded as of March 18, to 1,796 cases as of noon yesterday.

Altogether, 1,006 more people have been tested positive for the virus in the past seven days, with Monday recording 212 cases, its highest daily jump in new infec-tions. Just two months ago, Ma-laysia announced its fi rst Covid-19 cases on Jan 25, which involved three China tourists who had en-tered the country two days earlier via Johor from Singapore.

With more infections, the country’s virus death toll has also climbed. From two deaths record-ed on the fi rst evening of the MCO, there are now 20 deaths with yes-terday alone recording five new deaths, according to data from the health ministry (MoH). All fi ve were victims aged above 55.

One of them was a 75-year-old man who passed away at the Kua-la Lumpur Hospital at 7.40pm on Tuesday night. Th ree other deaths occurred in Johor, two were men aged 66 and 56 who passed away at 4.10am and 2am yesterday morn-ing, and one was a woman aged 68 who died just about an hour past midnight on Tuesday. Another man aged 76, who had attended the tabligh, died at 4.35pm yesterday in Kuala Krai, Kelantan.

Yesterday alone saw 172 new in-fections, of which 71 were traced to the tabligh event, which was held at Masjid Jamek Sri Petaling. As for the source of infection for the remainder 101 — suspected to be

Cases more than doubled last week despite MCO

linked to other clusters — that is still being investigated, according to the ministry’s director-gener-al (D-G) Datuk Dr Noor Hisham Abdullah.

cases, at 435, followed by Kuala Lumpur with 270, Johor with 196, and Sabah with 170.

To date, 45 patients have been placed in intensive care, with 34 needing respiratory aid. Mean-while, 16 more patients recovered and were discharged yesterday. Th is brings the number of recovered cases to 199, or 11% of the total.

73 MoH healthcare workers tested positive; parts of Teluk Intan Hospital closed to contain infectionAlso as of noon yesterday, 73 healthcare workers with the min-istry have been tested positive, ac-cording to Dr Noor Hisham. Th is includes 37 from the Teluk Intan Hospital, which has since closed a few wards for cleaning and dis-infecting.

None of the healthcare workers’ source of infection, however, has been linked to the management or treatment of Covid-19 patients.

Instead, 47 or 64.4% of these infections have been traced to a wedding reception, which were also attended by some of those who at-tended the tabligh. Th e others were infected after having gone overseas or having had close contact with a family member who had been test-ed positive for the virus.

Meanwhile, 1,895 ministry healthcare workers who treated Covid-19 patients at the ministry’s health facilities have undergone testing for Covid-19. Of these, 1,187 have been cleared of the illness as their test results came back neg-ative.

Th e remaining 708 are still await-ing the results of their tests. None of those who have been treating patients have been tested positive, the D-G stressed.

As the epidemic continues to spread across the country, the gov-ernment ordered yesterday that the 14-day lockdown that was to

end on March 31 be extended by another two weeks to April 14.

Selangor remains the state with the highest recorded number of

during the partial lockdown period.“Even though we have extended

the MCO, you don’t have to unnec-essarily stock up on food because the supply is suffi cient. I assure you that food is enough for everybody. I know you feel burdened but I don’t have a

choice. I have to extend the MCO for your own safety,” he stressed.

For a two-week extension on the MCO, Malaysia’s real gross domestic product (GDP) is estimated to shrink by about 2.9% for 2020 compared to 2019, and will result in some 2.4

million people losing their jobs, ac-cording to the Malaysian Institute of Economic Research (MIER).

MIER also estimated that any ad-ditional two-week extension of the MCO may amplify the contraction of real GDP by between 3% and 4%, relative to the 2020 baseline. Th ese estimates are part of MIER’s anal-ysis of the economic impact of the Covid-19 pandemic in Malaysia.

Besides the economic contrac-tion, MIER projected household incomes may fall by 12% relative to the baseline, which amounts to RM95 billion.

“Such a fall is manifested in a sharp decline in consumer spending by 11%, despite the drop in general consumer price level by 4.4%,” said the institute on Tuesday.

A digital signage fl ashes a Covid-19 message over a deserted street in Kuala Lumpur. Photo by Sam Fong

Covid-19 outbreak

confirmed cases

1,796Malaysia

(UPDATED 11.30PM, MARCH 25, 2020)

199 cured

20 deaths

Page 5: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

4 H O M E B U S I N E S S THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

Big caps that lead the reboundDespite the rebound, share prices are still down sharply year to date

BY L A I Y I N G Y I

BY A D A M A Z I Z

KUALA LUMPUR: Yinson Hold-ings Bhd closed its fourth quar-ter ended Jan 31, 2020 (4QFY20) with 7% growth on quarterly net profi t to RM64.95 million from RM60.7 million for the previous corresponding quarter, thanks to higher operating profi t and lower tax incurred.

Th e profi t growth was slightly off set by higher fi nance costs and as Yinson’s joint ventures turned to a loss from profi t for 4QFY19, according to the company’s fi ling with Bursa Malaysia. Its quarterly earnings per share increased to 5.88 sen, from 5.54 sen previously.

However, the group’s revenue made a big leap to RM1.86 billion, from RM287.6 million previously, mainly due to the commence-ment of lease for fl oating produc-tion storage offl oading (FPSO) vessel Helang that gave rise to outright sale recognition under classifi cation of a fi nance lease.

Yinson’s board has declared a fi nal dividend of two sen per share, bringing the total to six sen per share for FY20 — unchanged from last year.

For FY20, Yinson’s annual net profi t dropped 10.63% year-on-year to RM209.91 million from RM234.89 million, as higher fi -nance costs and profi t portion for non-controlling interests more than off set the lower tax and ad-ministrative expenses in the year.

Th e decrease was mainly at-tributable to FPSO Allan’s charter cessation at the end of the last fi -nancial year, lower amortisation of unfavourable contracts, foreign exchange losses and higher fi -nance costs, Yinson said.

This, it said, was mainly set off by contributions from FPSO Helang from December 2019, low-er depreciation and amortisation charges, lower impairment loss, and higher other income.

Annual revenue more than doubled to RM2.52 billion, from RM1.03 billion in the previous fi -nancial year, as it included the clas-sifi cation of FPSO Helang lease as outright sale recognition.

On prospects, Yinson said the management is “cautiously confi -dent [about] the group’s ability to stay resilient” amid the challeng-ing long-term outlook for the oil and gas industry, coupled with the geopolitical uncertainty and supply chain disruption arising from the Covid-19 pandemic.

“Amid the challenging glob-al economic environment and the volatility of other currencies against the US dollar, the group shall strive to achieve satisfactory results for the next fi nancial year ending Jan 31, 2021,” it said.

Yinson’s share price is at an eight-month low, following the steep sell-off this month as oil pric-es slumped. Th e counter gained 27 sen or 5.6% at RM5.09 yesterday.

Yinson 4Q net profi t up 7%; group proposes two sen dividend

KUALA LUMPUR: Bursa Malaysia staged a rebound in the past three trading days, which some quarters describing it as a “dead cat” bounce as many stocks have been severely oversold, plunging more than 30% in the short span of three weeks.

Buying interest appeared to be stronger elsewhere in the region, in particular, Tokyo’s Nikkei 225 leap-ing 15.74%; Shanghai’s SSE Index up 4.56%, while Hong Kong’s Hang Seng Index jumped 8.44%.

On the home front, the FBM KLCI has rebounded 5.13% over the past three trading days, from Monday’s closing of 1259.88, and managed to break the 1,300 key level to reach 1324.50 yesterday. Meanwhile, the FBM Top 100 Index has gained 5.57% to 8,929.23, week to date (WTD).

Th e small-cap counters, howev-er, have outperformed the big boys, where the FBM Small Cap Index has gained 9.66% to 8,656.81.

Looking at the individual sectors, oil and gas (O&G) and technology-re-lated companies were the counters that led the rebound in the local equi-ties with double-digit gains WTD. In particular, the Bursa Malaysia Energy Index — largely represented by O&G counters — gained 12.4% to 597.01, while the Bursa Malaysia Technology Index surged 12.36% to 27.55, over the last three trading sessions.

What comes down will go up? Looking at the performance of large-cap companies, power producer Mega First Corp Bhd (MFCB) and automotive manufacturer UMW Holdings Bhd, have both champi-oned as top gainers by percentage over the last three trading sessions with 25% gain in three days. MFCB closed at RM4.00, still down by 28% year to date (YTD), and UMW Hold-ings at RM2.25, plunging 54% YTD.

Meanwhile, Frontken Corp Bhd chalked up 23% gain to RM1.65, val-uing it at RM1.57 billion. However, the semiconductor-related stock is still down by 33% YTD.

Subsequently, cocoa manufactur-er Guan Chong Bhd (GCB), which had set out multiple expansion plans in Africa and the European conti-nent, saw its share price climb 21.7% to RM2.02. Th is implies that GCB’s current price-earnings (PE) valua-tion stands at 7.32 times.

On the other hand, AirAsia Group Bhd which was hit hard by the global travel ban, rebounded 21.3% to 74 sen. However, the low-cost carrier’s share price is 62% lower YTD.

Some of the shares which have rebounded in the mid- to high-teen range, include Carlsberg Brew-ery Malaysia Bhd (up 19.17% to RM23.50) and Astro Malaysia Holdings Bhd (up 16.9% to 83 sen), O&G-related Serba Dinamik Hold-ings Bhd (gained 16.52% to RM1.34) and Lotte Chemical Titan Holding Bhd (up 16.5% to RM1.20), as well as MYEG Services Bhd (up 16.25% to 93 sen).

Interestingly, the top 10 large-cap gainers over the last three trading

sessions, saw their share price ca-pitulating from 19% to 62% YTD. In particular, 40% of these companies are currently below their respective net tangible asset per share value — which might have prompted bar-gain-hunting by investors to accu-mulate oversold stocks.

Laggards among the reboundShangri-la Hotels (M) Bhd was the top laggard amid the broad market rally over the last three days. Instead, the hotel operator’s share had fallen 7.41% to RM4.50. Interestingly, the group appeared to be shielded from the mounting concerns on tour-ism-related businesses.

YTD, Shangri-la’s stock price has been holding up strong. It has fallen only by 9.36%. Its current PE stands at 30.99 times, 3.6% higher than the fi ve-year average PE of 29.92 times.

Other counters that yielded neg-ative returns WTD, notwithstanding the broad market rebound, includes Press Metal Aluminium Holdings Bhd (down 1.64% to RM3.00), Ber-jaya Sports Toto Bhd (fell 1.36% to RM2.17) and Petronas Gas Bhd (shed 0.13% to RM15.24).

Meanwhile, shares in Malaysia Airports Holdings Bhd which gained 21 sen or 4.9% to RM4.50 yesterday, had recouped losses it suff ered on Monday. WTD, its share price re-

mains unchanged, however, YTD it has fallen 43%, due to concerns on air passenger footfall.

Glove makers that are widely viewed as beneficiaries from the Covid-19 outbreak, specifi cally Har-talega Holdings Bhd and Top Glove Corp Bhd, were left out in the rally.

Hartalega gained merely 0.15% in the last three days, while Top Glove shares were up 1.47%. Th e reason could be attributed to both stocks that have had their strong rally to factor in the anticipated strong global demand for rubber gloves due to the Covid-19 outbreak. YTD, Hartalega and Top Glove have climbed 20% and 30% respectively.

Laggards for past three days

NAME PRICE 3-DAY TOTAL RETURN MARKET CAP PE NTA % CHANGE YTD (RM B) Shangri-La Hotels (Malaysia) Bhd 4.50 -7.41 -9.36 2.00 30.99 2.40Press Metal Aluminium Holdings Bhd 3.00 -1.64 -36.38 11.91 25.51 0.86Berjaya Sports Toto Bhd 2.17 -1.36 -14.01 2.91 0.08Petronas Gas Bhd 15.24 -0.13 -8.61 29.48 15.60 6.69Malaysia Airports Holdings Bhd 4.50 0.00 -43.55 7.11 15.61 -4.66Hartalega Holdings Bhd 6.69 0.15 20.79 22.31 55.02 0.72Telekom Malaysia Bhd 3.41 0.29 -5.84 13.18 20.95 1.83Westports Holdings Bhd 3.20 0.31 -24.65 10.63 18.75 0.75Bursa Malaysia Bhd 4.60 0.88 -24.41 3.65 20.31 0.84Ammb Holdings Bhd 2.93 1.03 -25.58 8.74 5.66 5.01Nestle (Malaysia) Bhd 135.50 1.04 -8.50 31.54 47.11 2.55DiGi.Com Bhd 4.15 1.22 -9.37 31.10 22.79 0.04Top Glove Corp Bhd 6.20 1.47 30.00 15.65 41.70 1.06Gas Malaysia Bhd 2.46 1.65 -8.97 3.15 16.62 0.77Axis Real Estate Investment 1.83 1.67 3.46 2.62 10.84 1.45Tenaga Nasional Bhd 12.10 1.68 -10.86 67.21 15.32 10.15Malaysian Pacific Industries Bhd 8.83 1.85 -21.50 1.78 13.29 #N/A N/AIGB Bhd 2.55 2.00 -29.36 2.24 8.36 4.56MISC Bhd 7.55 2.03 -7.50 33.92 23.66 7.59Hong Leong Industries Bhd 7.00 2.04 -33.21 2.22 7.11 5.57

Gainers for past three days

NAME PRICE 3-DAY TOTAL RETURN MARKET CAP PE NTA % CHANGE YTD (RM B) Mega First Corp Bhd 4.00 25.00 -28.18 1.59 10.28 -1.25UMW Holdings Bhd 2.25 25.00 -54.62 2.35 4.91 3.04Frontken Corp Bhd 1.65 23.13 -33.76 1.57 24.51 0.33Guan Chong Bhd 2.02 21.69 -38.31 1.91 7.32 1.70AirAsia Group Bhd 0.74 21.31 -62.94 2.10 1.14Carlsberg Brewery Malaysia Bhd 23.50 19.17 -26.45 6.57 24.16 0.48Astro Malaysia Holdings Bhd 0.83 16.90 -34.25 4.35 7.01 -0.23Serba Dinamik Holdings Bhd 1.34 16.52 -42.26 3.86 4.20 0.78Lotte Chemical Titan Holding 1.20 16.50 -51.45 2.65 6.15 5.25MyEg Services Bhd 0.93 16.25 -19.55 3.06 12.96 0.20Sunway Construction Group Bhd 1.49 15.50 -27.97 1.74 14.57 0.48Kuala Lumpur Kepong Bhd 20.66 13.89 -23.47 20.16 39.20 9.28Malakoff Corp Bhd 0.75 13.64 -19.54 3.42 11.71 0.58DRB-Hicom Bhd 1.25 13.64 -47.06 2.43 4.97 2.93SP Setia Bhd 0.63 13.64 -63.72 2.32 10.20 3.02Public Bank Bhd 15.72 13.09 -19.74 59.16 11.21 10.60Syarikat Takaful Malaysia Keluarga Bhd 3.55 12.70 -41.93 2.73 7.88 1.40YTL Power International Bhd 0.57 11.88 -31.17 4.06 10.22 0.51Hong Leong Bank Bhd 14.20 11.81 -17.05 30.78 11.02 11.76Alliance Bank Malaysia Bhd 1.78 11.25 -34.98 2.64 5.07 3.42Yinson Holdings Bhd 5.09 11.14 -25.62 5.14 27.04 2.89Genting Bhd 3.45 10.93 -44.83 12.55 6.64 7.69Hong Leong Financial Group 13.44 10.71 -23.08 14.88 7.96 15.08Axiata Group Bhd 3.43 9.94 -21.01 29.96 22.95 -0.50Scientex Bhd 7.00 9.89 -31.22 3.35 9.29 3.90Heineken Malaysia Bhd 21.70 9.82 -23.82 6.24 20.98 1.24Bintulu Port Holdings Bhd 3.85 9.69 -21.12 1.61 13.70 -0.76Allianz Malaysia Bhd 12.70 9.29 -18.07 2.26 4.55 11.89FGV Holdings Bhd 0.83 9.21 -45.72 3.00 0.88LPI Capital Bhd 11.10 9.04 -27.89 4.21 13.47 4.92

Page 6: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

H O M E B U S I N E S S 5THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

KUALA LUMPUR: Bank Negara Malaysia (BNM) will allow banking institutions to tap into their capital buff ers and to provide fl exibility on several operating guidelines as the world continues to grapple with the impact of the relentless Covid-19 pandemic.

“Th e banking system is facing these challenges from a position of strength, with excess capital buff -ers above the minimum regulatory requirement of RM119.7 billion as at end January 2020,” said BNM in a statement yesterday.

“To this eff ect, banking institu-tions may draw down on the capital conservation buff er of 2.5%, oper-ate below the minimum liquidity coverage ratio of 100%, and utilise the regulatory reserves that were

set aside during periods of strong loan growth.

“Th e bank fully expects banking institutions to restore their buff ers within a reasonable period after Dec 31, 2020,” the central bank said.

Th e fl exibilities, according to BNM, are part of the second eco-nomic stimulus package to address the impact of the virus outbreak on individuals and businesses.

Meanwhile, the implementa-tion of the net stable funding ratio will proceed on July 1 as scheduled, but with a lower ratio of 80%.

Th e banking institutions will only need to comply to a 100% ra-tio from Sept 30, 2021, BNM said.

Th e measures, BNM said, fol-lowed a review of its policy and supervisory initiatives in 2020 in order to ease compliance and oper-ational burdens on banking institu-

tions amid the Covid-19 outbreak.Th e policy review was made in

order to enable banking institu-tions to support their customers and proactively manage risks aris-ing from current developments.

“As part of this review, policy and supervisory initiatives will be

refocused on monitoring and re-sponding to risk developments and ensuring that banking institutions continue to be a source of strength for the Malaysian economy,” it said.

Additionally, BNM is also ex-tending the timeline for all ongo-ing consultations on published discussion papers and exposure drafts to June 30 and beyond.

“Flexibilities will also be pro-vided for banking institutions to meet timelines for regulatory sub-missions to take into account the eff orts being undertaken by the government to contain the spread of Covid-19,” it added.

KUALA LUMPUR: The bold relief measures announced by Bank Negara Malaysia (BNM) yesterday will help to protect banks’ earnings, and hence div-idends from excessive shocks, according to Credit Suisse.

Specifi cally, addressing the strain on liquidity will ease pressure on funding costs for Malaysian banks, the fi rm said.

As interest will still be ac-crued on the loans under mora-torium and restructured, Credit Suisse expects banks’ interest incomes to not be materially aff ected.

“We expect banks to hold back on pursuing loan growth given the strain on cash in-flows,” Credit Suisse equity research analyst Danny Goh said in a note.

Earlier yesterday, BNM an-nounced measures in support of eff orts by banking institu-tions to assist individuals, small and medium-sized enterpris-es (SMEs) and corporations to manage the impact of the Covid-19 outbreak.

Th e measures include a six-month deferment for all loan/fi nancing repayments begin-ning next month, applicable for all ringgit-denominated per-forming loans that have not been in arrears for more than 90 days as at April 1.

For credit card facilities, BNM said banking institutions will off er to convert the out-standing balances into a three-year term loan with reduced interest rates to help borrowers better manage their debt.

Corporates are also allowed to reschedule and restructure their loans with the bank.

On this, Goh said the meas-ures provide a massive relief on cash fl ow for households, considering that Malaysia has household debt-to-gross do-mestic product ratio of 82%, as well as for SMEs.

“Th e six-month moratorium to service debt for individu-als and SMEs [estimated com-bined 75% of system loans], allowing restructuring of cor-porate loans and concessions on treatment of Covid-19 as a temporary phenomenon in the MFRS 9 (Malaysian Financial Reporting Standard 9) model that drives provisions, enabling banks to have more fl exibility on credit loss provisioning,” he said.

BNM confi rms automatic loan moratorium as buff erBorrowers are advised to talk with banks on options to resume scheduled payments

BNM’s bold measures will protect banks’ earnings — Credit Suisse

BY A D A M A Z I Z & S YA H I R A H

S Y E D J A A FA R

BY E M I R Z A I N U L

KUALA LUMPUR: Bank Negara Malaysia (BNM) announced yes-terday relief measures in support of eff orts by banking institutions to assist individuals, small and medi-um-sized enterprises (SMEs) and corporations to manage the impact of the Covid-19 outbreak, including a six-month deferment of all loan/fi nancing repayments beginning next month.

Th is moratorium is applicable for all ringgit-denominated loans that have not been in arrears for more than 90 days as at April 1. “For credit card facilities, banking institutions will off er to convert the outstanding balances into a three-year term loan with reduced inter-est rates to help borrowers better manage their debt,” BNM said in a statement.

Th is confi rms a story by Th e Edge Financial Daily published on the same day that BNM had written to inform all commercial banks of its decision to grant the automatic moratorium on loan repayments for SMEs and individuals, citing a document it sighted from the central bank.

For individuals and SMEs that do not wish or need to use these flexibilities, BNM said they can continue with their current repay-ment structures.

“It is important to note that the interest/profi t will continue to ac-crue on loan/fi nancing repayments that are deferred, and borrowers will need to honour the deferred repayments in the future.

“Borrowers should therefore ensure that they understand and

discuss with their banking insti-tutions on the options available to resume their scheduled repayments after the deferment period,” it said.

On loans for corporations, the central bank has provided appro-priate time-bound fl exibilities for banking institutions to report de-ferred/restructured facilities in the Central Credit Reference Informa-tion System, taking into account the temporary nature of disruptions faced by borrowers.

“Banking institutions will also facilitate requests by corporations to defer or restructure their loans/fi nancing repayments in a way that will enable viable corporations to preserve jobs and swiftly resume economic activities when condi-tions improve.

“Corporations should approach their banking institutions to dis-cuss their repayment plans and the restructuring of credit facili-ties,” it said.

Th e central bank also pointed to ample liquidity in the banking sys-tem to support the above fi nancial intermediation activities.

Th is follows the recent reduction in statutory reserve requirement ratio, which has released approx-imately RM30 billion worth of li-quidity on top of excess liquidity of RM160 billion.

“Of this, approximately RM100 billion placements with the bank under open market operations can also be used to meet the liquidity needs of the banking system,” it said.

BNM will also continue to sup-ply daily ringgit liquidity to banks via various tools under its open market operations, including the outright purchase of government securities, foreign exchange swaps,

reverse repos and the standing fa-cility, it added.

Banks working out the details to roll out loan moratorium — ABMSeparately, the Association of Banks in Malaysia (ABM) said its member banks are currently working out the full details of the six-month moratorium on loan repayments to ensure they will be effi ciently executed with minimum incon-venience to customers.

Applauding the central bank's announcement, ABM also said member banks are in full agree-ment of the intent of the moratori-um, which it believes is a necessary solution at this point.

It said while interest will accrue during this moratorium period, there will be no payment of interest and principal required for credit facili-ties for the six-month period. As for segments other than these, it said the moratorium will apply on a case-to-case basis and customers should be in touch with their bankers to discuss the specifi c relief sought.

“Banks acknowledge the vast

majority of customers act responsi-bly on repayments, and apart from adverse circumstances (eg: illness, marital status change, loss of jobs) we have no reason to believe there will be a change in this behaviour.

“The moratorium is the best measure to provide greatest assur-ance of job preservation in the midst of personal fi nancial adjustment. It is also in the best interest of all that everyone is back to full employment. In this regard, we anticipate that any adverse asset quality issues will be relatively short-lived and temporary in nature,” ABM said in a statement.

In the meantime, ABM said it had presented a number of requests to BNM, specifi cally in respect of the recognition and classifi cation of assets, policies regarding the Ma-laysian Financial Reporting Stand-ard 9, liquidity and capital, as well as market behaviour concerning deposit taking activities.

While these are in discussion, ABM gave the assurance that these requests, if granted, will not pose un-due risks to the fi nancial industry in Malaysia, given that banks have been prudent in managing their capital lev-els beyond regulatory requirements.

ABM chairman Datuk Abdul Farid Alias said: “The measures announced have been designed not only to support customers in this highly unusual global environ-ment, but also to ensure that banks can continue to play their role in sustaining the country’s economy.

“We hope it will provide cus-tomers some breathing space and allow them to focus on other crit-ical aspects of their livelihoods at this time,” said Abdul Faid, who is also Maybank group president and chief executive offi cer.

Banks allowed to tap into capital buff ers to face headwindsBY A D A M A Z I Z

Credit Suisse expects banks’

interest incomes to not be materially

aff ected.

FINANCIALDAILY

SIX-MONTH AUTOMATIC

MORATORIUMon all loans by individuals and

SMEs, except for credit cardsBank Negara acts fast to alleviate debt burden on

households and SMEs to jump-start the economy.Joyce Goh has the story on Page 3.

Flashback: March 25, 2020

The fl exibilities are part of the second economic stimulus package to address the impact of the virus outbreak on individuals and businesses. Photo by Reuters

Page 7: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

6 H O M E B U S I N E S S THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

Margma warns of chronic shortage of gloves if full capacity does not resumeIt says producers’ output capacity is being constrained by rising demand amid Covid-19 crisis

BY J U S T I N L I M

BY K R I S H N A N D A S

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

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

KUALA LUMPUR: Th e Malaysian Rubber Glove Manufacturers As-sociation (Margma) wants the government to allow its members to operate at 100% capacity to meet the surge in demand amid the Covid-19 pandemic.

It warned of a chronic short-age of medical gloves and high-er production costs in the wake of rising demand, as manufac-turers’ production capacity is be-ing constrained because they are only allowed to operate with half of their original workforce due to the movement control order (MCO).

“Already, the world is facing a huge shortage of gloves, and now we are operating at half of our ca-pacity. Defi nitely there will be few-er gloves being produced, and this could cause a chronic shortage [in]

KUALA LUMPUR/SINGAPORE/HONG KONG: Malaysia is exploring the possibility of bailing out domes-tic airlines that have been hit hard by the Covid-19 pandemic, according to people with knowledge of the matter.

Offi cials have been studying ideas including setting up a vehicle to take over the debt of companies like Ma-laysia Airlines Bhd and AirAsia Group Bhd, the people said. Th e government is also considering encouraging merg-ers between some of the carriers, said the people, who asked not to be identi-fi ed because the information is private.

Th e offi cials have been discussing whether to provide fi nancial sup-port to other parts of the economy aff ected by the pandemic such as the tourism, real estate, as well as oil and gas industries, the people said.

Deliberations are at an early stage and the government has not decided on a course of action, said the people.

Malaysia Airlines has separately been in talks with lenders about mod-ifying its borrowings, the people said. Th e country’s fl agship carrier, which continues to wallow in the red since announcing its turnaround plan in 2015, has asked for support from the government, one of the people said.

Khazanah Nasional Bhd, Malay-sia’s sovereign wealth fund, is the sole shareholder of Malaysia Airlines af-ter taking it private in 2014 following two tragic incidents: one of its planes vanished over the Indian Ocean and another was shot down over Ukraine.

Representatives for the prime

the world,” Margma president Denis Low told Th e Edge Financial Daily.

Malaysia, the world’s largest producer of medical gloves, is ex-pected to deliver about 225 billion pieces this year, about 65 % of the total world requirement of 330 billion pieces.

Hence, Low said local rubber glove manufacturers are duty-bound to ensure enough gloves are supplied to hospitals and healthcare givers in their fi ght against Covid-19.

Low said there should not be any shortage of rubber gloves in Malaysia as the country consumes only about 120 million pieces of rubber gloves per year and this can be easily fulfi lled given local manufacturers’ huge capacity.

“All the private hospitals in Ma-laysia are getting [their] gloves di-rectly from local rubber compa-nies. Th ey are being supplied fully

(as much as they want),” Low said.“But the local rubber glovemakers

did not supply to the government. In fact, the government only buys gloves from Pharmaniaga (Bhd) to supply to government hospitals and other government entities,” he said.

Low admitted there are some disruption issues involving sup-porting industries, such as supply of chemicals and other raw mate-

rials as well as packaging materials, besides freight and logistics services.

He said Margma has appealed to the ministry of international trade and industry (Miti) on the matter in the hope that supporting industries are allowed to operate during the MCO period to ensure the glove manufacturers can op-erate smoothly.

In a separate statement yester-day, Margma said it is gearing up its members to run at optimum capac-ity with strict instructions to adhere to good manufacturing practices.

Margma added that its members are following Miti’s instruction of taking good care of their workers by providing them with protective gloves, face masks and sanitisers plus the need to frequently disinfect their production fl oors and offi ces.

However, Margma expects pro-duction costs to increase by 30%.

“Th ere will of course be the ex-tra overtime and for workers to be compensated accordingly and ad-equately with hardship allowance too. It is obvious that production will also be curtailed by the 50% policy. Th us, all in all, production costs will increase tremendously by at least 25% to 30 % not taking into consideration the ripple eff ect that will pervade throughout the supply chain.

“Fortunately, buyers are aware of this cost factor and have come forward to assist and cooperate to bear the costs as well” it said.

Margma said it hopes to receive the government’s permission to run at 100% capacity in tandem with the support services group.

“We are sure that the world would be grateful to Malaysia in providing this critical protective device (rubber gloves),” it added.

M’sia explores bailout for airlines — sources

minister’s office and Khazanah declined to comment, while rep-resentatives for AirAsia and Ma-laysia Airlines did not immediately respond to requests for comment.

Airlines worldwide could lose US$252 billion (RM1.1 trillion) in revenue this year from the Covid-19 pandemic, threatening the survival of the industry, according to the In-ternational Air Transport Association (IATA). Th e anticipated hit is more than double the size of the decline mooted by IATA earlier this month, refl ecting the steep downward spiral of many carriers as they grapple with a crisis more severe than anything the sector has ever faced. IATA, which represents about 290 airlines globally, said only around 30 airlines have rea-sonably healthy debt and earnings.

If the Malaysian government were to create a special vehicle, it would not be the fi rst time. In 1998, during the Asian fi nancial crisis, Malaysia set up Pengurusan Danaharta Nasional Bhd, a state-owned asset manager, to help shield local banks from spi-ralling non-performing loans. Dana-harta closed in 2005 and the ministry of fi nance set up Prokhas Sdn Bhd to manage its residual assets.

Bank Negara Malaysia this week rolled out additional measures to help individuals and smaller busi-nesses facing fi nancial constraints because of the pandemic. In a tele-vised address yesterday, Prime Min-ister Tan Sri Muhyiddin Yassin said the government would announce a more comprehensive set of meas-ures tomorrow. — Bloomberg

KUALA LUMPUR: The US has lifted a ban on a Malaysian med-ical glovemaker it had accused of using forced labour, a govern-ment statement showed, amid a surge in demand for personal protective equipment to fight the Covid-19 crisis.

Th e US Customs and Border Protection (CBP) on Tuesday said disposable rubber gloves made by WRP Asia Pacifi c Sdn Bhd after March 16, 2020 will be admissible at all US ports of entry.

The ban placed on WRP in September "was revoked based on recent information obtained by CBP showing the compa-ny is no longer producing the rubber gloves under forced la-bour conditions," CBP said in the statement.

"We are very pleased that this effort successfully mitigated a significant supply chain risk and resulted in better working conditions and more compliant trade," said Brenda Smith, CBP executive assistant commission-er for the office of trade.

WRP, which has the capacity to produce more than 11 billion gloves a year, could not immedi-ately be contacted for comment.

Malaysia is the world's biggest producer of medical gloves. Th e gloves are in huge demand because of the spread of the virus that has infected more than 377,000 people across 194 countries and territo-ries as of early Tuesday, according to a Reuters tally, with more than 16,500 deaths.

The US is the world's biggest consumer of medical gloves per person. — Reuters

KUALA LUMPUR: Gamuda Bhd saw its second quarter net profi t inch up 1.17% to RM175.17 mil-lion from RM173.14 million a year earlier, on the back of con-tribution from the construction of the Mass Rapid Transit Line 2 (MRT2).

The construction giant’s earnings per share (EPS) for the quarter ended Jan 31, 2020 (2QFY20) was marginally higher at 7.07 sen, from 7.02 sen previ-ously, according to a fi ling with Bursa Malaysia.

Quarterly revenue, however, declined 3.06% to RM1.09 billion from RM1.13 billion for 2QFY19.

Gamuda said its engineering segment’s profi t expanded due to greater profi t from the MRT2 construction. Meanwhile, its

Contribution from MRT2 sustains Gamuda 2Q profi t

US lifts ban on medical glovemaker WRP amid shortage

property development arm post-ed lower profi ts due to the higher upfront costs of newer townships in Malaysia.

Th e group noted that its infra-structure concession was consist-ent due to “stable and resilient” traffi c volumes on the express-ways it controls.

For the cumulative six-month period, the group saw its net prof-it go up slightly to RM348.79 mil-lion from RM345.18 million in the previous corresponding period. Cumulative EPS rose to 14.09 sen from 13.99 sen.

Cumulative revenue grew 7.8% to RM2.19 billion, from RM2.03 billion previously.

Th e group said it is anticipat-ing its annual performance for FY20 to be driven by its overseas property sales, especially in Viet-nam, and the continued progress

of the MRT2 project.“There will be a great deal

of uncertainty over the coming months due to the unfolding global health crisis, oil shock and turmoil in the fi nancial markets aff ecting economic activity, in-vestor confi dence and consumer sentiment.

“The low oil price will also constrain the government’s plans. In view of this, the group will re-main prudent, while continuing to build resilience, navigating the change and to be fi t and ready when the upturn ensues,” Gamu-da commented in its quarterly result announcement.

Gamuda’s share price plunged 40% from this year’s peak of RM4.09 to RM2.49 last Thurs-day. Th e stock was fi ve sen higher yesterday to close at RM2.65, val-uing the group at RM6.66 billion.

Local rubber glove manufacturers are

duty-bound to ensure enough gloves are

supplied to hospitals and healthcare

givers in their fi ght against Covid-19.

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8 H O M E B U S I N E S S THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

AMMB and AmIslamic seek to strike out Najib’s suitTh ey claim ex-PM’s suit is scandalous, frivolous, vexatious and an abuse of court process

BY H A F I Z YAT I M

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

BY J U S T I N L I M

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

KUALA LUMPUR: AmBank Islam-ic Bhd and AMMB Holdings Bhd have joined with former relation-ship manager Joanna Yu Ging Ping to fi le an application to strike out a suit fi led against them by Datuk Seri Najib Razak.

AmBank Islamic and AMMB fi led the application earlier this month before March 2. Yu’s counsel Datuk Dr Gurdial Singh Nijar confi rmed it.

“Yes, they (AmBank Islamic and AMMB) fi led (the application),” he told theedgemarkets.com.

Yu’s application has been fi xed

for hearing in the High Court on April 15. However, it remains to be seen if AmBank Islamic or AMMB’s application would be heard together on that day as well.

Th is follows the uncertainty posed after Prime Minister Tan Sri Muhyid-din Yassin announced the extension of the movement control order from March 31 to April 14.

It is understood that AmBank Islamic and AMMB’s reasons to strike out are quite similar to Yu’s, namely that Najib’s suit allegedly disclosed no reasonable cause of action against them. And, hence, it is scandalous, frivolous, vexatious

and an abuse of court process.Najib, who is Pekan member of

parliament, fi led the suit last De-cember concerning his AmBank accounts ending 694, 880, 898 and 906, in which the former premier claimed that some of the transac-tions were made without his prior knowledge.

Th e writ and statement of claim alleged that AmBank and Yu had breached their duties and were neg-ligent in aff airs concerning the four accounts as they disclosed informa-tion to fugitive businessman Low Taek Jho (Jho Low), whom Najib said was an unauthorised third party.

The information complained to have been disclosed included balances of the funds, details of cheques, credit and debit remit-tance transactions and bank account statements.

Najib also alleged that Yu and the bank had acted on Jho Low’s in-structions to actively ensure that the accounts and other banking state-ments were kept away from him, and they failed to inform him that Jho Low was seeking disclosure of information and documents.

Other unauthorised third parties named included Kee Kok Th iam, Ung Su Ling and Jerome Lee Tak Loong.

Th e former prime minister fur-ther alleged that the bank had failed to notify him that the accounts were being overdrawn by millions of ringgit for over 30 times as a result of the cheques issued and due to insuffi cient balances in those ac-counts.

Najib’s SRC International Sdn Bhd case, where he faces seven charges — three for criminal breach of trust, one for abuse of power and three for money laundering in relation to RM42 million of SRC funds — had ended on March 12, where the hear-ing of submissions had been fi xed for May 12, 13 and 18.

KUALA LUMPUR: The interna-tional trade and industry ministry (Miti) said companies produc-ing essential goods that have ob-tained its approval can continue operations, as the greenlight will remain valid throughout the ex-tended movement control order (MCO) period ending April 14.

Th e same applies to companies that have received the approval to keep their factory machineries in “warm idle” mode, Miti said in a statement yesterday.

“Logistics arms of manufactur-ers that have received Miti’s ap-proval are also allowed to operate. Manufacturers that have been given the greenlight to operate, but are

using private or individual logis-tics or transport service providers, are advised to seek the approval of the domestic trade and consumer aff airs ministry,” Miti said.

Meanwhile, only workers who are listed in the respective compa-nies’ applications that have been approved by Miti are permitted to continue working and that sup-porting documents attached with the list of staff involved and Miti’s approval letter must be provided by the employers to their staff , to facilitate the workers’ movement between the workplace and their homes.

Miti said it will not be accept-ing any more applications from companies after the March 24 deadline.

KUALA LUMPUR: UDA Holdings Bhd has donated over RM100,000 worth of supplies to assist hospi-tals and frontliners in the fight against the Covid-19 pandemic in Malaysia.

In a statement, the group said the donation was channelled to the health ministry via the Sungai Bu-loh Hospital, which has been fac-ing an increasing number of cases.

“Sungai Buloh Hospital is cur-rently setting up additional wards for Covid-19 patients and is cur-rently upgrading old wards and hostels at the ministry’s health training institute. Th e upgrades being done also includes the rest-ing area and offi ces for the front-liners,” it said.

Among the items supplied by UDA are televisions, thermopots as well as mobile phones and sofa sets.

The group said it is also col-laborating with edotco Malaysia Sdn Bhd to address the connec-tivity issues at the hospital, with the latter installing a special infra-structure, edotco mobile solution, which allows for better coverage and capacity for users.

UDA president and chief execu-tive offi cer Mohd Salem Kailany said that the group appreciates the con-tinued service of the frontliners, as the number of cases continue to rise.

“We wanted to lend a helping hand to the hospital to ensure that new, comfortable wards can be provided to the patients, besides assisting medical offi cers on the

front lines to give their best,” he said.

Th e group has also donated 250 packs of food to those on duty at the hospital on March 23 to 30, thanks to UDA chairman Datuk Hisham Hamdan. Hisham was the 26th person to be detected with Covid-19 in Malaysia.

AnCasa Hotel Kuala Lumpur, a subsidiary of the group, has also donated food to the Sungai Bu-loh Hospital and Petaling district health offi ce.

UDA said that AnCasa will be accepting meal bookings, which will be sent directly to the spec-ifi ed location and is also accept-ing individual donations for food packs to be delivered to the Pu-trajaya district health office on March 24 to 31.

KUALA LUMPUR: Kejuruteraan Asastera Bhd (KAB) is taking up an 80% stake each in two companies involved in the renewable energy and energy effi ciency-related busi-ness for RM7.26 million cash, in a deal that will see it assume liabil-ities worth some RM4.24 million, which values the entire transaction at RM11.50 million.

Th e electrical engineering ser-vices company’s 90%-owned KAB Energy Power Sdn Bhd inked the heads of agreement yesterday with Invest Energy Sdn Bhd to acquire

the stakes in the two companies, namely Konpro Industries Sdn Bhd (Konpro) and Meru One Sdn Bhd (Meru).

The acquisitions, which are expected to provide the group with a profitable recurring in-come stream, are in line with its plan to diversify its business and venture into the renewable en-ergy sector, KAB said in a stock exchange filing.

Two plants operated by Konpro and Meru were constructed under a build, operate and transfer con-tract and are already operational and generating revenue.

‘Approval for essential goods suppliers valid for extended MCO’

Kejuruteraan Asastera ventures into renewable energy sector

UDA Holdings donates supplies worth over RM100,000 for additional Covid-19 wards

Hospital and UDA staff ers unloading some 45 televisions and thermopots to be distributed to several locations like the National Leprosy Control Centre, the health ministry’s health training institute, the mobile operation centre of the public health unit, and the Sungai Buloh Hospital’s Covid-19 operations centre. The televisions were among supplies donated by UDA to the Sungai Buloh Hospital.

Page 10: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

H O M E B U S I N E S S 9THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

Defl ation likely amid expected weaker consumer spending UOB trims CPI forecast to 0.5% from 1.5%

BY J U S T I N L I M

BY E M I R Z A I N U L

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

KUALA LUMPUR: Inflationary pressure is getting milder. The consumer price index (CPI) went up by 1.3% year-on-year (y-o-y) to 122.4 in February, compared with 1.6% in January.

On a monthly basis, the CPI remained unchanged between January and February. For the first two months of the year, the index saw a y-o-y increase of 1.4%.

In the light of lower oil prices, weaker aggregate demand amid the Covid-19 pandemic and the movement control order (MCO) implemented by the govern-ment to contain the outbreak, UOB Global Economics & Mar-kets Research has trimmed its CPI forecast to 0.5% from 1.5% previously. This marks the lowest inflation since 1987.

The revision came after the downward revision for Brent oil price forecasts for 2020 to an av-erage of US$36 (RM158) per bar-rel from US$66.50 per barrel pre-viously.

“Despite an indefinite post-ponement of the implementation of the petrol subsidy programme, the expected increase in unem-ployment this year following the effects of the Covid-19 epidemic and the MCO will translate into lower spending and weaker de-mand price pressures this year.

“We may see deflation num-bers over the next few months before inflation returns to sub 1%

levels in the second half of 2020,” said UOB.

Furthermore, it expects the extended MCO period until April 14 to weigh on consumer prices and economic growth.

“In an effort to mitigate this impact, the government will un-veil a broader, second economic stimulus package on March 30.

“We also expect Bank Negara Malaysia (BNM) to cut the over-night policy rate by another 50 basis points in 2Q20 (second quarter) as a global recession is imminent. A benign inflation out-look will allow BNM more leeway to trim rates in the near term,” said UOB.

RHB Research economist Ahmad Nazmi Idrus wrote in a

note that he has revised down its headline inflation forecast to 1% this year, with greater bias on the downside if global commod-ity prices remain weak for longer or the pandemic appears more difficult to handle.

In a statement yesterday, the Department of Statistics said the increase in CPI in February was driven by the indices of miscella-neous goods and services (2.5%); transport (2.4%); housing, wa-ter, electricity, gas and other fu-els (1.6%); and communications (1.5%).

Other indices showing posi-tive growth include health (1.3%); education (1.3%); restaurants and hotels (1.1%); furnishings, household equipment and rou-tine household maintenance (1%).

Similarly, MIDF Research has revised inflation downward to 0.5%, given that the crude oil prices have plunged below the US$30 level.

“In tandem, we revised down-ward Brent crude oil average price forecast for 2020 to US$51 per barrel (2019: US$64.3 per barrel). At this level, we could see further reduction in RON95 prices, far below levels seen in 2019.

“In addition, toll rates for all PLUS highways are reduced by 18% starting last month. As trans-port is the third biggest compo-nent in the overall CPI basket, we opine these to have a significant impact on overall inflation,” MIDF said in a note yesterday.

Headline and core inflation

moderated

Sources: Bank Negara Malaysia, RHB

-1

0

1

2

3

4

5

6 Headline CPI Core CPI(% y-o-y)

Feb 2016

Feb 2018

Feb 2020

KUALA LUMPUR: LKL Interna-tional Bhd is supplying personal protective equipment (PPE) to public hospitals in Sarawak for RM6.57 million.

The group’s subsidiary, LKL Advance Metaltech Sdn Bhd, was awarded the contract by the Sar-awak state government via a letter dated March 24, it said in a filing.

In a statement yesterday, LKL said it will supply the PPE to Sar-awak hospitals and the frontline healthcare personnel in their work to assist those aff ected by Covid-19.

“Since the outbreak, we have been in a state of readiness to en-sure that enquiries can be urgent-

ly addressed and translated into swift deliveries to the respective medical institutions. Our strong network built over the last two decades across the nation will enable us to provide useful as-sistance in efforts to quell this dangerous pandemic,” said LKL managing director Lim Kon Lian.

Lim said the group has also re-ceived increasing enquiries and purchase orders for critical-care medical items such as hospital beds, patient monitors, ventilators, PPE, heat detectors, probe covers and portable ultrasound units.

“We will continuously engage with suppliers from all over the globe on the possibility of expand-ing our product portfolio to better serve our local and foreign cus-tomers. LKL International is fully committed towards playing a vital role in supporting and equipping the medical fraternity,” said Lim.

LKL shares jumped 6.5 sen or 50% to close at 19.5 sen yesterday, giving it a market capitalisation of RM83.62 million.

LKL to supply personal protective equipment to Sarawak government

KUALA LUMPUR: The govern-ment will impose definitive an-ti-dumping duties on cellulose fibre reinforced cement flat and pattern sheets or fibre cement board (FCB) from Indonesia for the next five years.

The decision was made af-ter the government initiated an anti-dumping investigation on July 26, 2019 following a peti-tion by UAC Bhd, representing domestic producers, in accord-ance with the Countervailing and Anti-Dumping Duties Act 1993 and Countervailing and Anti-Dumping Duties Regula-tion 1994.

UAC had alleged that im-ports of FCB from Indonesia are being dumped into Malaysia at a price much lower than the selling price in Indonesia and causing material injury to the domestic industry in Malaysia.

“The government of Malay-sia has conducted and con-cluded the anti-dumping in-vestigation on producers and importers in Malaysia, as well as producers/exporters from the alleged country.

“The government has de-cided to impose definitive an-ti-dumping duties concerning imports of cellulose fibre rein-forced cement flat and pattern sheet and specifically excluding external roofing from Indone-sia as follows: PT Etex Building Performance Indonesia - 9.14%, Others - 108.1%,” the ministry of international trade and in-dustry (Miti) said in a statement yesterday.

Miti said the Royal Malay-sian Customs Department will be responsible for enforcing the collection of anti-dumping duties on imports of FCB from Indonesia for the five-year pe-riod until March 20, 2025.

Government imposesanti-dumping duties on FCB productsfrom Indonesia

PUTRAJAYA: There are no re-strictions on supply chain, food marketing and e-commerce activities during the movement control order, said Domestic Trade and Consumer Affairs Minister Datuk Alexander Nan-ta Linggi.

He said food supply and e-commerce activities in-cluding food production, re-tail, packaging, distribution, wholesale and distribution cen-tres as well as raw materials manufacturers are allowed to continue operating according to the guidelines.

Meanwhile, logistics and transport services to support the supply and marketing chains and e-commerce for the supply of essentials, are also allowed to continue op-erating, he said.

“Companies that support the food supply chain and de-fined as downstream or sup-port industries are allowed to operate with minimum staffing and comply with Covid-19 reg-ulatory measures,” he said in a statement yesterday.

Nanta Linggi said it was in line with the critical sector defi-nition as announced by Inter-national Trade and Industry Minister Datuk Seri Mohamed Azmin Ali on March 21.

“It is the government’s re-sponsibility to ensure that the retail distribution network is not compromised while giv-ing Malaysians confidence,” he said.

At the same time, the indus-try is also reminded to imple-

ment Covid-19 precautionary measures while running the business activities, including, only symptom-free workers are allowed to enter the work prem-ises, to practise social distanc-ing and regularly wash their hands.

“Companies that are author-ised to operate are to do so on minimum or shutting down non-essential services,” he said.

Nanta Linggi said employers are required to provide a verifi-cation letter to each employee to be shown to the enforcement personnel upon request.

He also advised the people not to worry about the daily supply of food as it is sufficient.

“It is important for Malay-sians to refrain from panic buy-ing and to practise smart con-sumer attitude and planned purchases,” he said. — Bernama

No restrictions on supply chain, food marketing, e-commerce activities

Nanta Linggi advises the people not to worry about the daily supply of food as it is suffi cient.

Lim says the group has also received

increasing enquiries and purchase orders

for critical-care medical items.

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1 0 P R O P E RT Y THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

Virus may hit S’pore REITs harder than fi nancial crisisA gauge tracking them is heading for its worst quarterly drop since 2008

British retail property owners, tenants work together to defer rent payments

BY A B H I S H E K V I S H N O I

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

BY S A M A N T H A M A C H A D O

& PAT R I C K G R A H A M

BY PAU L S A N D L E

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

SINGAPORE: Th e Covid-19 pan-demic may hit Singapore real estate investment trusts (REITs) hard-er than the global fi nancial crisis did, according to Jeff eries Financial Group Inc.

Singapore announced on Tues-day its strictest measures yet to combat the spread of Covid-19, including shutting bars and cin-emas, and deferring or cancelling events starting from 11.59pm today. Public venues such as retail malls and museums will have to ensure that groups do not exceed 10 people.

Th ose measures will further test investor appetite for Singapore’s REITs. With a 23% plunge, a gauge tracking them is heading for its worst quarterly drop since 2008 even though the firms offer the region’s highest yields. Unit pric-es have tumbled in recent weeks on mounting virus concerns and a “sell everything” mentality in glob-al markets.

Th e trusts have “factored in se-vere declines” into distribution per unit, but the impact on net oper-ating income may be bigger than during the global fi nancial crisis, Jef-feries analyst Krishna Guha wrote in a note. “Current valuations are not even close to GFC (global fi nancial crisis) troughs,” and the closure of

LONDON: British housebuilder Per-simmon plc and retirement home developer McCarthy & Stone plc are starting an orderly shutdown of their construction sites in response to the Covid-19 pandemic, the companies said yesterday.

Work on building sites has not been barred in Britain but a govern-ment order for people to maintain a safe distance of 2m apart is making it diffi cult for them to comply on a busy development.

London Mayor Sadiq Khan has said many construction workers are still using the transport network to commute, meaning work must stop to prevent them gathering in a con-fi ned space.

Persimmon said yesterday it was starting to shut down sites, with only essential work taking place focused on making partly-built homes safe and secure and where failure to com-plete the build could put customers in a vulnerable position.

Chief executive Dave Jenkinson said the company’s primary con-cern was the safety and well-being

BENGALURU: British retail prop-erty owners and tenants are work-ing together to defer rent pay-ments and fi nd other solutions that allow shops, businesses, and landlords to ride out the Covid-19 shutdown.

Home furnishing retailer Dun-elm Ltd was the latest major UK retailer to say it was launching talks with its landlords on rent reductions.

Th e chain, which also said it was drawing down all of its avail-able credit to ride out the pain of the UK-wide shutdown, joins a growing list of companies that say they are seeking lower rent or who simply will not pay when it comes due.

British property developer Land Securities Group plc said it was working with its customers to prevent any of them failing as a result of their rent bills.

“Forfeiture of the lease in these circumstances was not an option we were considering for custom-ers unable to pay the rent and this approach has now been formal-ised by the government”, Land Securities said.

Restaurant and pub industry body, UK Hospitality, warned that the vast majority of businesses would be due to make advance quarterly payments of rents total-ling billions of pounds yesterday.

The British government, scrambling to deal with the eco-nomic fallout from the Covid-19 pandemic, said last week that landlords should not evict com-mercial tenants that do not pay their rent due to the crisis.

Burger King boss Alasdair Murdoch, who closed 500 stores on Tuesday, told the BBC’s Today programme he would not be pay-ing rent this week as he prepared to cover staff wages until govern-ment support begins to fl ow to the company in late April.

A halt in payments, however, also raises the question of wheth-er landlords will be forced to de-fault on their own debt commit-ments.

Even before the government began to shut down British public life this month, Traff ord Centre owner Intu Properties plc was fl agging doubts over its ability to continue operations in the face of a collapse of several retail tenants.

However, Intu said it would lower its service charges for ten-ants by 22% in the second half of fi nancial year 2020, delivering an 11% reduction for the full year.

Dunelm plc, for its part, said it was drawing down £175 mil-lion (RM912.5 million) in avail-able credit, cancelling its interim dividend and reducing executive pay for the next three months, while expressing confi dence it could ride out the crisis without breaching its own debt commit-ments. — Reuters

public venues can last longer, the report said.

Leisure and entertainment as a tenant category accounts for an esti-mated 5% of gross rental income for CapitaLand Mall Trust and Frasers Centrepoint Trust, and up to 13% for Suntec Real Estate Investment Trust, the Jeff eries note added.

Still, the FTSE Straits Times Real Estate Investment Trust In-dex jumped 9% yesterday, the most since 2009, tracking a bounce in risk assets across the world on opti-mism about the upcoming historic stimulus package in the US to stem Covid-19.

DBS Group Holdings Ltd analyst

Derek Tan saw his estimated distri-bution per unit for the city state’s retail landlords dropping by 4% to 13% for the fi scal year 2020.

Th e tenants’ inability to operate at full capacity can see some of them “asking for help from retail land-lords in the form of rental rebates”, Tan wrote in a note. — Bloomberg

Consumers queueing to redeem complimentary parking coupons, part of a promotion to boost retail sales amid the ongoing Covid-19 pandemic, after shopping at Singapore’s Jewel Changi Airport on March 7. Singapore’s strictest measures yet announced on Tuesday will further test investor appetite for the city state’s REITs. Photo by Reuters

UK housebuilders to close construction sites

of customers, staff , contractors and suppliers.

“We will listen carefully to the government’s future advice as the situation develops and will make further adjustments where neces-sary,” he said.

Housing Minister Robert Jenrick said a number of building companies had concluded they could not follow the public health advice and were choosing to close down their sites.

“In some cases, they’re doing so over a short period of time so those

sites remain safe and that’s the right thing to do,” he told BBC TV yes-terday.

But he added if a worker or em-ployer believed they could continue to operate safely within those guide-lines, “it is sensible for you to do so”.

He said some construction was essential such as building mainte-nance and essential repairs.

Persimmon also said its sales of-fi ces would close from today, and it would cancel the dividend of 125 pence (RM6.53) a share due to be paid next Th ursday and postpone the payment of 110 pence a share on July 6 to conserve cash.

Retirement home developer and manager McCarthy & Stone said it was pausing all building across its development programme with the exception of certain sites close to completion in response to Mon-day’s government directive to “stay at home”.

Chief executive John Tonkiss said the company had off ered more than 300 of its newly-built apartments to the government to assist the national health service accommodate older people as they recover from the vi-rus or for health workers. — Reuters

Filepic of a Persimmon construction site in Dartford, southern Britain. Persimmon said yesterday it was starting to shut down sites, with only essential work taking place focused on making partly-built homes safe and secure and where failure to complete the build could put customers in a vulnerable position. Photo by Reuters

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H O M E 1 1THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

Ready for the next waveTemporary isolation, quarantine centres will be used if Covid-19 cases exceed capacity

BY M U H A M M E D A H M A D H A M D A N

KUALA LUMPUR: Th e government has identifi ed several places to be temporarily used as isolation and quarantine centres should the number of Covid-19 cases exceed the current bed capacity at the 34 designated hospitals nationwide.

Prime Minister Tan Sri Muhyid-din Yassin said the health ministry (MoH) has prepared 3,585 beds specifi cally for Covid-19 patients at these hospitals, with 34% of the total having been occupied so far.

“Th e remaining 66% of the beds can accommodate new patients for now. Otherwise, several places have been identifi ed to be used as temporary isolation and quarantine centres,” he said in a live televised speech yesterday.

Muhyiddin said a directive has also been issued to the MoH to allow healthcare workers, including doctors

and nurses, attending to Covid-19 pa-tients to go on leave on a scheduled basis, before resuming their duties.

In the meantime, he said medi-cal personnel volunteers, including doctors and nurses, from the private

sector as well as other volunteers will be mobilised to take over the duties temporarily.

“To those who are on duty on the frontline, I pray that every one of you remain steadfast. Th e situa-

KUALA LUMPUR: A total of 110 people have been arrested so far for disobeying the movement con-trol order (MCO) which began on March 18, Inspector-General of Police (IGP) Tan Sri Abdul Hamid Bador said.

He said some of them were even arrested for obstructing public of-fi cers from discharging their duties.

“During this MCO period, the police had also stopped 238,000 vehicles during roadblocks nation-wide to ensure compliance with the MCO,” he said in a special interview on the Selamat Pagi Malaysia pro-gramme aired on Radio Television Malaysia here yesterday.

On online sales scams, includ-ing face masks, he said 370 inves-tigation papers had been opened

IGP: 110 people arrested for disobeying stay home order

and 25 people had been arrested in regard to the off ence nationwide.

“Of the 25 people, 11 have been charged in courts,” he said, adding that such scams had caused losses of almost RM3 million and all of the cases were managed by Bukit Aman Commercial Crime Investi-gation Department.

Abdul Hamid said 1,295 road-blocks were being mounted by the police around the clock daily dur-ing the implementation of the na-tionwide MCO, involving 15,000 personnel working on three shifts.

He said 10% of the manpower used for the roadblock operations were military personnel.

“Other tasks, such as holding patrols, making public service an-nouncement, including by using

Snapchat, are being carried out around the clock,” he said.

Abdul Hamid said a total of 42,000 police personnel and 6,000 Armed Forces personnel were in-volved in ensuring compliance of the MCO.

In Lumut, two men, including a policeman, were among the fi rst to be charged at the Seri Manjung magistrate’s court with defying reg-ulations under the MCO.

Corporal Mohamad Safarrudin Alias, 33, and fi sherman Nashrull Awang, 43, pleaded guilty to the off ence after the charge was read out to them separately before Mag-istrate Nur Shaqira Ibrahim, who meted out the maximum fi ne of RM1,000, in default three months’ jail. — Bernama

Police deny claims of fi nes being imposed on road usersBY S YA H I R A H S Y E D J A A FA R

KUALA LUMPUR: The po-lice have categorically denied claims on social media that a RM300 fi ne will be imposed on those found sharing a car with at least one person and a RM200 fi ne for not wearing a face mask during the imple-mentation of the movement control order (MCO).

Police also denied allega-tions of four men who tested positive for Covid-19 fl eeing from the Kepala Batas Hospital, the Malaysian communications and multimedia commission (MCMC) said in a statement yesterday.

Furthermore, Hospital Dun-gun in Terengganu, which re-ported a Covid-19 positive case there, denied it had quaran-tined all hospital staff , as al-leged.

“The Selangor Menteri Be-sar’s office has denied allega-tions of several hotspots of the Covid-19 outbreak, including Sungei Lui, Sungai Ramal Da-lam, Sungai Merab and Jalan Gardens, that were allegedly issued by the Selangor Na-tional Security Council,” the statement added.

Also, MCMC said that the health ministry had denied that loss of appetite and los-ing the sense of smell were newly discovered Covid-19 symptoms.

Th e Johor Health Depart-ment has denied a claim that Permai Hospital had allegedly sought assistance or donations to purchase protective clothing or personal protective equip-ment (PPE) and appointed an agent to manage the purchase, Bernama reported.

Penampang member of parliament (MP) Datuk Darell Leiking also rebutted the news that Sabah chief minister, dep-uty chief minister and MPs from the Parti Warisan Sabah (Warisan) were quarantined af-ter close contact with Covid-19 positive DAP leaders.

Th e National Security Coun-cil also refuted news in four voice notes claiming that a state of emergency would be declared.

Th e police have also clari-fi ed a couple of issues involv-ing voice notes and video clips related to Covid-19.

“News via voice notes saying that the body found in a Myvi car at Hulu Bernam rest and ser-vice (R&R) area north-bound in Kuala Kubu Baru is a Covid-19 positive case is untrue.

“Also, a video clip showing a team of policemen arresting a man suspected of [being] Covid-19 positive using an electric stun gun was just a part of police exercise,” the statement said.

KUALA LUMPUR: Ninety-five per cent of the participants who attended the tabligh gathering at the Sri Petaling Mosque recently have come forward to undergo Covid-19 tests and screenings, according to Inspector-General of Police Tan Sri Abdul Hamid Bador.

He said the remaining 5%, however, were still being tracked down.

“In this regard, the police have set up a task force involving Crim-inal Investigation Department offi cers at all district and state levels, in an eff ort to track down those who attended the gathering at the Sri Petaling Mosque here last month.

“As a result, and in collabo-ration with the health ministry (MoH), the task force was able to get the details of up to 10,000 of them (who attended the tabligh programme) and are still track-ing down the others,” he said on the Selamat Pagi Malaysia show yesterday.

Abdul Hamid said the police were now actively contacting the tabligh members to urge them to inform anyone they knew who had yet to undergo the screen-ing to do so.

“I also urge the public not to discriminate against the tabligh members as they have not done anything wrong in this matter (Covid-19 issue) and it could have a negative impact on them.

“Stop criticising, ridiculing and uttering abusive words against them. Th ey have, in fact, been very cooperative with the police. — Bernama

‘95% of tabligh members have come forward for screening’

tion that you are in is nothing easy. I know that doctors, nurses and other hospital staff are exhausted at this point in time.

“I have instructed the MoH to allow some break time for these medical staff before they return to duty,” Muhyiddin said.

Earlier, the premier announced another 172 new confi rmed infec-tions as of noon yesterday, bringing the total number of cases to 1,796. He said the death toll also increased to 17, including a doctor.

“Seven days ago, total Covid-19 cases in the country stood at 673. Th is means that cases of Covid-19 positive have jumped more than one-fold in just over a week,” he added.

KUALA LUMPUR: Th e crime in-dex has dropped 70% nationwide since the implementation of the movement control order (MCO) which came into force March 18, says Inspector-General of Police Tan Sri Abdul Hamid Bador.

He said although there was a decline in general, the police de-tected a signifi cant number of cases involving burglaries and motorcy-cle thefts.

“Th ey (criminals) are taking ad-vantage of the situation to commit crimes during the MCO and we were able to detect them through roadblocks.

“When they see the police doing roadblocks they turn around,” he said in a special interview on the

Abdul Hamid: Crime rate down by 70%Selamat Pagi Malaysia programme aired on Radio Television Malaysia here yesterday.

Abdul Hamid said 46,000 offi cers and policemen across the country were assigned to do roadblocks, conducts patrols and inspections on public premises, as well as to disseminate information on the implementation of the MCO.

“All of these (eff orts) are very important for the public to reduce movement, and we will check whether these (members of the public) are among those who are allowed to leave the house or not,” he said.

When asked about the public’s level of compliance with the im-plementation of the MCO, Abdul

Hamid said the compliance rate had improved to date.

“Th ank God, people are begin-ning to adhere to the MCO, and I urge the people to follow all the advice of the police and military throughout the period,” he said.

In Bagan Serai, a man was ar-rested for using profane language at policemen conducting operation to ensure compliance with the MCO in front of a bank in Pekan Bagan Serai here on Tuesday.

Kerian district police chief Supt Omar Bakhtiar Yaacob said the 38-year-old man, who is unem-ployed, was arrested at 8.30pm for refusing to cooperate and obstruct-ing the police from discharging their offi cial function. — Bernama

Shoppers leaving an outlet after buying some necessities. Photo by Haris Hassan

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1 2 B R O K E R S’ C A L L THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

Genting earnings seen to recover when Covid-19 stabilisesGenting Bhd(March 25, RM3.45)Maintain buy with a lower target price of RM5.64: Genting Bhd’s share price has declined 49% year to date and is now trading at an attractive 6.3-3.6 times financial year 2020 (FY20) to FY21 enterprise value/earnings before interest, tax-es, depreciation and amortisation (Ebitda) versus regional peers of eight to nine times. While the Cov-id-19 pandemic should negatively impact FY20, we believe earnings will eventually recover when the pandemic stabilises. Th e stock of-fers a deep value proposition and is a cheaper proxy to the Japanese casino play.

Resorts World Genting has been closed for the duration in line with Malaysia’s movement control order to contain the spread of Covid-19. While we expect the pandemic to be broadly contained in the fi rst half of 2020 (1H20), 2H20 may see only a gradual recovery due to persistent public health concerns, coupled with the cancellation of Visit Malay-sia Year 2020. Th e group’s overseas operations in the US, the UK, Egypt and Bahamas should not be spared given the global contagion.

Genting Singapore plc highlight-ed that Resorts World Sentosa has experienced a signifi cant decrease in visitors across all its facilities amid the pandemic and travel restrictions. Travel restrictions to Singapore are

Tasco Bhd(March 25, 72 sen)Maintain neutral with a lower target price of 73 sen: Tasco Bhd’s international business segment makes up about 30% of its total revenue. About 65% of its inter-national business segment reve-nue, is in turn contributed by the air freight forwarding segment. Recall that for the nine months of fi nancial year 2020, the air freight forwarding segment saw its reve-nue and pre-tax profi t decline by 15% year-on-year (y-o-y) and 40% y-o-y, respectively, due to the drop in export shipments of capacitors and chemical customers.

According to Bloomberg, key suppliers for Apple’s smartphone components in Malaysia such as Murata Manufacturing Co Ltd, Re-nesas Electronics Corp and Ibiden Co Ltd have halted production as a result of the government’s movement control order (MCO). We understand that Renesas is Tasco’s client.

Therefore, this will not only impact the air freight forwarding

business in the short term as these companies’ products are usually transported via air rather than sea, but also the warehousing busi-ness as fewer goods will need to be stored before shipment over-seas. China’s offi cial manufactur-ing purchasing managers’ index also dropped to an all-time low of 35.7 points in February 2020. In addition, Tasco’s strategic part-nership with AirAsia Group Bhd will also be aff ected as the airline saw a 2.3% y-o-y drop in its num-ber of flights in February 2020 amidst capacity cuts especially to North Asia.

We expect revenue for the joint venture between Yee Lee Corp Bhd and Tasco to be aff ected by the MCO via the contract with Shell Malaysia Trading Sdn Bhd to pro-vide supply chain services for Shell convenience retail outlets in Pen-insula Malaysia. Th is is because the MCO will translate into lower fuel consumption among con-sumers, indirectly impacting the footfall at petrol kiosks. — MIDF Research, March 25

Ajinomoto (Malaysia) Bhd(March 25, RM12.10)Maintain buy with a lower tar-get price (TP) of RM13: For the nine months of fi nancial year 2020 (9MFY20), Ajinomoto (Malaysia) Bhd’s revenue rose 3.8% year-on-year (y-o-y) to RM340.9 million, underpinned by an uptick in sales for both its consumer and industri-al seasoning products. In terms of geographical mix, the Middle East region (16% of revenue) has proved to be an increasingly important mar-ket with sales soaring 23% y-o-y to RM53 million in 9MFY20. Moving forward, we expect demand from the export market, especially the Middle East, to remain robust while the group’s upcoming halal-centric seasoning production plant should further support higher sales volumes on commencement from FY23.

Based on a 10-year price-earn-ings ratio (PER) band, Ajinomoto’s listed parent company Ajinomoto Co Inc (Aji Co) had traded at a about 70% PER premium to Ajinomoto, which is unsurprising given in part that Aji Co’s market capitalisation

Genting Bhd

FYE DEC (RM MIL) 2018 2019 2020F 2021F 2022F

Total turnover 20,853 21,617 15,761 22,349 23,620Recurring net profit 2,766 2,368 1,080 2,622 2,686Recurring net profit growth (%) 41.2 (14.4) (54.4) 142.8 2.4Recurring PER (x) 4.57 5.34 11.70 4.82 4.70P/BV (x) 0.4 0.4 0.4 0.3 0.3P/CF (x) 1.85 1.86 2.91 1.54 1.54Dividend yield (%) 6.6 6.7 4.9 6.7 6.7EV/Ebitda (x) 4.27 4.41 6.34 3.60 3.19ROAE (%) 4.0 5.7 3.0 7.1 7.0Net debt to equity (4.9) 2.0 0.5 (6.6) (13.8)Sources: Company data, RHB Research Institute

likely to delay tourism recovery until the later part of 2020.

Our in-house FY20 crude palm oil (CPO) price forecast was recent-ly cut to RM2,400 per tonne from RM2,600 due to the pandemic and low crude oil prices. Being largely an upstream company (78% of ad-justed Ebitda), it would be negatively impacted. As such, FY20 earnings were cut by 20%.

We cut FY20 earnings by 48.5% after the downward revision from Genting Malaysia and Genting Sin-gapore due to Covid-19 and lower CPO price assumption for Genting Plantations Bhd. However, our FY21-FY22 earnings are slightly higher by 3.3%-2.9% due to pent-up demand once the pandemic stabilises. — RHB Research Institute, March 25

Tasco’s air freight forwarding business seen to face headwinds

Tasco Bhd

FYE MARCH (RM MIL) 2018A 2019A 2020E 2021F 2022F

Revenue 710.2 736.8 736.1 765.1 798.0Ebit 52.2 37.4 36.2 37.3 39.9Pre-tax profit 42.0 18.7 16.0 21.6 24.7Patami 29.4 13.1 10.7 14.3 16.3Normalised Patami 27.1 12.0 10.7 14.3 16.3EPS (sen) 13.5 6.0 5.4 7.2 8.1EPS growth (%) -7.8 -55.8 -10.1 33.4 13.3PER (x) 5.7 12.9 14.3 10.7 9.5Net dividend (sen) 4.5 2.5 2.5 2.5 2.5Net dividend yield (%) 5.8 3.2 3.2 3.2 3.2Sources: Company, MIDF Research

Ajinomoto’s export market expected to stay robustAjinomoto (Malaysia) Bhd

FYE MARCH (RM MIL) 2018 2019 2020E 2021E 2022E

Revenue 436.3 447.7 451.8 452.1 463.7Ebitda 69.6 76.9 79.3 81.1 84.0Pre-tax profit 67.1 72.7 71.2 71.6 74.6Net profit 56.3 56.6 55.2 55.5 57.8EPS (RM) 0.93 0.93 0.91 0.91 0.95PER 12.7 12.7 13.0 12.9 12.4Core net profit 56.6 56.4 55.2 55.5 57.8Core EPS (RM) 0.93 0.93 0.91 0.91 0.95Core EPS growth (%) 34.4 (0.3) (2.2) 0.6 4.2Core PER 12.7 12.7 13.0 12.9 12.4Net DPS (RM) 0.47 0.47 0.46 0.46 0.48Dividend yield (%) 3.9 4.0 3.9 3.9 4.1EV/Ebitda 8.5 7.9 8.1 7.3 6.6ROE (%) 12.9 12.2 11.2 10.7 10.5ROA (%) 11.6 10.6 9.0 8.1 7.8PBR (x) 1.6 1.5 1.5 1.4 1.3Chg in EPS (%) (2.2) (5.2) (5.9)Sources: Company, Affin Hwang forecasts, Bloomberg

of US$8.5 billion (RM37.32 billion) versus Ajinomoto’s US$150 million. Nevertheless, we note that at this juncture, the valuation gap between the two entities has noticeably wid-

ened to more than two times from the past 10 years’ 70%, with Aji Co trading at a PER of more than 30 times over Ajinomoto’s 13 times forward PER. We think Ajinomoto

is comparatively undervalued and expect the huge valuation gap be-tween the two companies to even-tually narrow.

We lower our FY20-22 earnings per share (EPS) forecasts by 2-6%, to account for lower sales across both domestic and export markets as a result of prolonged Covid-19 disruptions and the lowering of our 2020 gross domestic product growth forecast to 3.3% (from 4%) on March 16. Our lower TP is now

based on a 14.3 times PER (pre-viously 20 times) on the calendar year 2020 estimated EPS in view of the heightened market volatility. Nonetheless, Ajinomoto’s valuation looks undemanding for a defensive consumer staple stock. We maintain our “buy” rating as we continue to favour its defensive business with steady earnings delivery as well as longer-term export market potential. — Affi n Hwang Capital Research, March 25

Ajinomoto’s revenue rose 3.8% y-o-y to RM340.9 million, underpinned by an uptick in sales for both its consumer and industrial seasoning products. The Edge fi le photo

Resorts World Genting has been closed for the duration in line with Malaysia’s movement control order.

Page 14: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

C O M M E N T 1 3THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

How the Covid-19 recession is like World War IIIn this war, a virus has attacked and a signifi cant portion of the economy has been redirected

BY T Y L E R C O W E N

The Covid-19 collapse of the worldwide econo-my is prompting com-parisons with earlier major economic ad-justments. And while

there is lot of discussion about the Great Recession of 2008, the cur-rent crisis has more in common with World War II.

For the US in World War II, an enemy attacked and a signifi cant portion of the economy was redi-rected to a wartime effort. With Covid-19, a virus has attacked and a signifi cant portion of the econo-my has been redirected to enforced leisure at home. Time at home is better than having to fi ght on Pa-cifi c islands, but in some ways the economic eff ects are similar.

During World War II, the US economy produced many more tanks, guns and medical supplies, and gross domestic product (GDP) growth measured as robust — es-pecially compared to the bad years of the preceding Great Depression. Yet those good GDP numbers are misleading. Data on personal con-sumption show that there were fewer goods and services to go around, and most people on the home front felt a distinct sense of privation. Many Americans feel the same right now.

THIS week, the Group of 20 (G20) leaders will convene virtually to dis-cuss the Covid-19 crisis. One hopes that the emergency summit marks the beginning of a thoughtful collec-tive response to this grave challenge. If so, the meeting may turn out to be even more consequential than the London summit hosted by British prime minister Gordon Brown in April 2009, which created the frame-work for a coordinated multilateral response to the global fi nancial crisis.

Having chaired the UK’s global Review on Antimicrobial Resistance (AMR), I cannot help but think that the current crisis demands a similar undertaking to bring together infec-tious disease modelling, economic analysis and evidence-based solu-tions. When our fi ndings were pub-lished in 2016, we garnered a good deal of attention for highlighting both the potential loss of life and the eco-nomic costs of inaction in the face of AMR. By 2050, we warned, antibiot-ic-resistant microbes could take up to 10 million lives per year, at a total

Many of the changes came in the form of diminished quality, so even the published consumption num-bers understate the losses. During the war the mediocre can of spam replaced the T-bone steak. Today “yoga by Zoom” is replacing the gym visit, and that is also usually a lesser product. (Canned goods are making a comeback too.)

Th ere are various forecasts cir-culating for second quarter GDP (presented as annualised rates of change), some of them as scary low as negative 24%. Obviously these are not good signs. But those num-bers are not an entirely accurate representation of what is going on.

One piece of good news is that America is likely to see a boom once the uncertainty surrounding Cov-id-19 is gone, and this will resem-ble the boom that followed World War II. Americans will have spent months postponing their larger consumer purchases. When the time comes, that pent-up demand will be unleashed, and producers of consumer durables will have the inventory to satisfy it. In other words, there is more intertemporal substitution than usual going on.

On the downside, much of the lost consumption will not be recov-ered, most of all in the service sector. Foregone restaurant meals and mu-sic concerts cannot be made up. Th is

will be a very painful recession for face-to-face services, which cannot be diverted to “wartime production”.

As with World War II, one of the biggest dangers today is the risk of unpleasant and unexpect-ed surprises. Th ose risks include a eurozone fi nancial crisis and break-up, implosion in troubled states such as Iran, a Saudi balance of payments crisis, or a confl ict with China due to rising tensions. It is diffi cult to estimate the likelihood

of those risks, but they may help explain why the stock market has fallen so much — far more than might be justifi ed by a year or two of bad earnings.

One signifi cant diff erence be-tween World War II and the Cov-id-19 crisis is that people knew the war was going to last a long while, and thus there was very little hes-itation in committing signifi cant economic resources to the eff ort. Rather than trying to “prop up”

troubled sectors, the US encour-aged factories to make tanks in-stead of automobiles.

Today it is diffi cult to estimate when matters will return to normal. Is it good policy to prop up small restaurants, so as to enable their full return within a few months? Or will second and third waves of the virus render rapid recovery impossible? In that case it might be better for many of those restaurant workers to switch to driving Amazon delivery trucks, as many of those restaurants will not be reopening.

Th e course of the recession de-pends on how accurate these esti-mates are, but of course these kinds of projections are never very precise. And so far we are largely in the dark.

Economists are debating wheth-er aggregate supply or demand is falling faster right now. Again, the wartime experience is useful here. Aggregate demand cannot come back until the supply problems are fi xed. Furthermore, demand is suf-fering from (at least) two problems at once: Many people are losing their jobs, and a lot of demand is being deliberately suppressed (by, among other things, telling people to stay at home). Th e real issue is where to redirect demand. For that question, public health experts are of more use than Keynesian econ-omists. — Bloomberg

Wartime production. One piece of good news is that America is likely to see a boom once the uncertainty surrounding Covid-19 is gone, and this will resemble the boom that followed World War II. Photo by Bloomberg

Th e G20’s pandemic momentcost of around US$100 trillion in lost output between 2015 and 2050.

But we also showed that these horrendous outcomes could be pre-vented with a relatively meager in-vestment of US$42 billion, implying a return of around 2,000%. Now that the Covid-19 pandemic has rapidly accelerated the use of disinfectants, I shudder to think of a future in which we still have not taken the necessary steps to manage biological threats. If we run out of useful antibiotics, the time it will take to develop new ones will far exceed that expected for de-veloping a Covid-19 vaccine.

G20 policymakers thus have no choice: in addition to confronting today’s viral crisis, they also must tackle the looming bacterial one. On both counts, they can start by creat-ing a market incentive reward pro-gramme to promote serious eff orts by pharmaceutical companies to develop new drugs. And now that we are suff ering through a fi nancial crisis in which many companies are depending on governments for their survival, it stands to reason that these prizes should be funded by the indus-try itself. Following the principle of “pay or play”, companies that make no eff ort to create critical treatments

should be taxed to provide the pool of money for those that do.

In terms of the immediate Cov-id-19 challenge, we need investments to accelerate the development not just of a vaccine but also of therapeutic treatments and better diagnostics in the short term. According to public health specialists and scientists I have consulted, an immediate amount of around US$10 billion (RM43.94 bil-lion) from the G20 would probably suffi ce to cover these three critical needs.

And critical they are. It is no co-incidence that China and the other Asian countries that have managed to limit the severity of the crisis had many of the appropriate therapeu-tics, diagnostics, and containment protocols already in place, owing to their past experiences with similar outbreaks. Many other countries were far less prepared, and until they are, the pandemic could easily re-emerge.

But there is also a unique eco-nomic dynamic to this crisis: social distancing. As soon as governments around the world started following China in shutting down entire cities in order to minimise community trans-mission, an economic shock became inevitable. Judging by industrial pro-

duction and other regular monthly data, Chinese output declined by around 20% in February alone. Many other economies, including the G7 countries, will almost certainly ex-perience similar declines in March.

To prevent an even deeper eco-nomic crisis — not to mention social strife — these governments need to muster a dramatic and unconven-tional policy response. Already, many G20 countries are pursuing versions of what I call “People’s QE” — direct cash disbursements to households — and the US is close to adopting an unprecedented US$2 trillion package of stimulus and bailout measures.

Here in the UK, meanwhile, the new Chancellor of the Exchequer, Rishi Sunak, has drafted three new budgets in as many weeks in an eff ort to stay ahead of the crisis. In addition to guaranteeing £330 billion (RM1.73 trillion) in loans to keep businesses afl oat, the government has also an-nounced at least £39 billion in fi scal stimulus.

Now, if that £39 billion represents the price for three months of social distancing, and if policies of similar budgetary weight relative to GDP were adopted across the G20, the total cost for the group would be in the vi-

cinity of US$1 trillion. But if this direct fi scal stimulus is not accompanied by Asian-style measures to deploy the best diagnostics and therapeutics, we will have to remain on lockdown much longer. If the isolation period stretches to a year, the implied costs would soar to the US$4 trillion range.

Yes, that is a back-of-the-envelope fi gure. But considering that it does not even account for the near-inevitable challenges to social cohesion in many countries, it probably represents an underestimate of the massive costs looming on the horizon.

Th at brings us back to our US$10 billion fi gure. Given the risks, the G20 will have no excuse if it fails to muster at least that amount for the immedi-ate provision of Covid-19 diagnostics and treatments, and another US$10 billion to kick-start the market for new antibiotics. Th ese sums are peanuts, especially compared to the price of inaction, which could bankrupt us — if it does not kill us fi rst. — Project Syndicate

Jim O’Neill, a former chairman of Goldman Sachs Asset Management and a former UK Treasury minister, is chair of Chatham House.

BY J I M O ’ N E I L L

Page 15: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

1 4 W O R L D B U S I N E S S THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

Europe’s richest man gains US$11b on day stocks surgedNEW YORK: Luxury-goods mo-gul Bernard Arnault has been hard hit by the spread of the Cov-id-19 virus, losing more fi nan-cially than anyone else in the world. He is directly enlisting his conglomerate — which controls Christian Dior and Louis Vuitton (LVMH) — in the battle against the virus by fi nancing millions of medical masks to France from Chinese suppliers and convert-ing a Dior perfume factory into a hand sanitiser producer. On Tuesday, he got some fi nancial relief as global stocks jumped on optimism of a massive US stimu-lus package. Shares in Christian Dior and LVMH surged and his fortune increased US$11.3 bil-lion (RM49.6 billion) on the day, the biggest trading-driven gain in the history of the Bloomberg Billionaires Index. — Bloomberg

Former Hong Kong bourse offi cial charged withbribery relating to IPOHONG KONG: Hong Kong’s anti-corruption unit said yes-terday it had charged a former bourse offi cial with bribery and misconduct regarding an initial public off ering (IPO) applica-tion by thread manufacturer Shen You Holdings Ltd in 2017. Th e Independent Commission Against Corruption alleged in a statement that Eugene Yeoh accepted cash payments from a consultant as an inducement to view the IPO application fa-vourably. At the time, Yeoh was joint head of the IPO vetting team at Hong Kong Exchanges and Clearing. — Reuters

UK off ers companies extension on fi ling accounts due to virusLONDON: More than four mil-lion British businesses will be able to apply for a three-month extension for filing their ac-counts so they can prioritise managing the impact of the Covid-19 outbreak, the govern-ment announced yesterday. Th e government has announced a huge package of support for businesses hard-hit by the spread of the virus, including paying a massive share of pri-vate sector wage bills to dis-courage bosses from fi ring staff and a new loan programme for small fi rms. — Reuters

China’s central bankconsidering deposit rate cut — reportBEIJING: China’s central bank could announce a reduction in its benchmark deposit rate in the coming days, the Finan-cial Times reported, citing two people familiar with the matter. Th e People’s Bank of China is in discussion with commercial lenders on the possible move, the newspaper reported. If it happens, the cut would be the fi rst since late 2015, intended to help improve banks’ profi tabil-ity and encourage them to lend cheaper funding to businesses and households. — Bloomberg

I N BR I E FSingapore bar, cinema closuresrub ‘salt in wound’‘Latest measures will erase domestic demand, hurt economy’

China consumers told to splurge as economy startsto normalise

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

BY C H A N YA P O R N C H A N J A R O E N

& H A S L I N D A A M I N

BY S O P H I E Y U & B R E N D A G O H

SINGAPORE: Singapore’s closure of bars and entertainment venues to contain the spread of Covid-19 is another gut punch to the city state’s economy already suff ering from widespread disruptions to trade and tourism.

Authorities are scrambling to curb the spread of the virus after a recent spike in confi rmed virus cases, now at more than 550, mainly from residents returning from over-seas trips. For Singapore’s small open economy, the new restric-tions will hurt consumer spend-ing and push the nation closer to a recession.

“Tourism demand is already gone. This will rub salt into the wound of the entertainment indus-try given that the latest set of meas-ures will erase domestic demand, which has already been weakened due to the outbreak,” said Irvin Seah, senior economist at DBS Group Holdings Ltd here.

Although necessary to contain the spread of the virus, “every ad-ditional set of restrictive measures will add more pain on the econo-my,” he said.

Deputy Prime Minister Heng Swee Keat is set to unveil a sec-ond package of virus-related meas-ures in Parliament today, just over a month after he delivered S$6.4 bil-lion (RM19.4 billion) in support for healthcare, businesses and house-

SINGAPORE: Th e head of Over-sea-Chinese Banking Corp Ltd’s private banking arm said the Cov-id-19-fuelled crisis has yet to peak and leveraged clients should take advantage of market rallies to of-fl oad some investments.

“You use the rebound to sell some of the items, some of the se-curities that you do not want to hold. Th at’s the best time to do it,” Bank of Singapore Ltd chief exec-utive offi cer Bahren Shaari said in a Bloomberg Television interview yesterday.

“We are only beginning to see the fi rst part of the crisis,” he said. “Many countries are still not well prepared, still do not have a clear plan of how to deal with it.”

Bahren said customers have been reducing their leverage “as much as possible” over the past few weeks, though they do need to remain invested. While “a very select few clients” are highly lever-aged traders, the majority “are not in that situation”, he added.

“Unfortunately some clients have to liquidate at a very distressed price,” Bahren said. “So what we are doing is informing clients is to bring as much collateral as possible now to make sure we are able to support their position.” — Bloomberg

BEIJING/SHANGHAI: Electronics stores, coff ee chains and even lo-cal authorities in China are slash-ing prices and handing out mil-lions of dollars worth of discount coupons to kick-start an econ-omy battered by gradually eas-ing, virus-fi ghting restrictions on movement.

GOME Retail Holdings Ltd and Suning.com Co Ltd plan to hand out over 620 million yuan (RM383 million) worth of vouchers, while Alibaba Group Holding Ltd’s Ali-pay is giving away 10 million dis-count tokens for 10,000 retailers on its application.

JD.com Inc said from today it will give out 1.5 billion yuan worth of coupons for branded goods in categories including electronics.

Even the railway authority from yesterday cut ticket prices by as much as 45%, while local gov-ernments such as those of Hebei, Zhejiang and Guangxi provinces are giving out vouchers for tourist attractions, cinemas and shops. — Reuters

‘Leveraged clients should sell in rally’

Pedestrians passing in front of a juice bar along Orchard Road in the shopping district of Singapore on Tuesday. Further suspensions of economic activity would heighten the risk of a technical recession. Photo by Bloomberg

holds in the annual budget. Th e cen-tral bank has also brought forward its policy decision to March 30, with analysts expecting it to ease policy.

Seah said his team is sticking to a forecast of a 0.5% contraction in gross domestic product (GDP) this year, while warning of “signifi cant downside risks” to that fi gure if the outbreak worsens.

Th e government’s latest projec-tion, published in February, was for growth of around 0.5%, the mid-point of its forecast range. That is likely to be revised today with the release of advance fi rst-quar-ter growth fi gures. GDP probably contracted an annualised 7.2% this quarter, according to the median estimate in a Bloomberg survey of eight economists.

Business groups including the Singapore Hotel Association are calling for more fi nancial assistance to retain workers.

“Hopefully tomorrow’s (today) announcement of a sizeable second stimulus package can help miti-gate some of the downside risks, particularly to bolster consumer confidence, assist liquidity and short-term survival of companies — especially SMEs (small and medi-um enterprises) — and enhance job and income security of displaced workers, including self-employed and gig workers,” said Selena Ling, head of research and strategy of Sin-gapore’s Oversea-Chinese Banking Corp Ltd.

Monday’s tally of 54 new cases was the biggest single-day total for the city state. It indicates the out-break has entered a second wave in the city state, as it has in many countries that had seen infections level off in recent weeks.

Ling sees Singapore’s latest measures to shutter bars and en-tertainment centres providing “an-other hit” to private consumption, with weaker retail sales, education services, and food and beverage receipts.

“Even the billion-dollar private tuition industry in Singapore is not as recession-proof as initially thought,” she said.

Ling recently downgraded her forecast for Singapore’s economic growth this year to a range of -1% to 0%, with both manufacturing and services sectors likely to contract. Further suspensions of economic activity would heighten the risk of a technical recession, she said.

Th e government moved on Tues-day evening to shutter bars, cine-mas, and entertainment venues, with the new regulations to be en-forced as of 11.59pm today. While offi cials so far have resisted impos-ing widespread lockdowns, the lat-est measures are the strictest yet and include limiting gatherings outside work or school to a maximum 10 people, the ministry of health said in a statement. Th e measures will remain in place until at least April 30, it said. — Bloomberg

Page 16: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

W O R L D B U S I N E S S 1 5THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

Trump pushes to reopen US economy by mid-AprilHe downplays the pandemic by comparing it to the seasonal fl u

BY S T E V E H O L L A N D & J E F F M A S O N

BY E L I Z A B E T H H O W C R O F T

BY S T E P H E N K A L I N

BY GERTRUDE CHAVEZ-

DREYFUSS, K AT E D U G U I D

& A B H I N AV R A M N A R AYA N

WASHINGTON: US President Donald Trump pressed his case on Tuesday for a reopening of the US economy by mid-April despite a surge in Covid-19 cases, down-playing the pandemic as he did in its early stages by comparing it to the seasonal fl u.

Trump and his Covid-19 team last Monday put in place recom-mendations for people across the country to cut down social and pro-fessional interactions for 15 days in a bid to reduce the virus’ spread.

But the president, a Republican who is seeking re-election in No-vember, has begun to chafe at the economic repercussions.

During a live town hall broad-cast on Fox News Channel and later at a briefi ng with reporters at the White House, he said he would like to have businesses opening their doors again by Easter, which will be celebrated on April 12.

“I would love to have the country opened up and just raring to go by Easter,” he said on Fox.

Th e president said the country did not take drastic measures to fight car crashes and flu deaths

similar to those it is taking for the virus. He said Americans could continue practicing social distanc-ing measures, which health experts say are crucial to prevent infection,

while also going back to work.“We lose thousands and thou-

sands of people a year to the fl u. We don’t turn the country off ,” Trump said. “You can destroy a country

this way by closing it down.”Health experts have warned that

the best way to stop the spread of the virus is for people to stay home. — Reuters

Trump arriving to participate in a Fox News ‘virtual town hall’ event with members of the virus task force in the Rose Garden of the White House in Washington, US, on Tuesday. Photo by Reuters

NEW YORK/LONDON: Inves-tors across a broad range of as-set markets breathed a sigh of relief on Tuesday, a day after the US Federal Reserve (Fed) rolled out unprecedented measures aimed at boosting liquidity and bolstering investor confidence in the face of a spreading Cov-id-19 pandemic.

As equities ripped higher around the world, a string of investment-grade companies tapped a better-functioning debt market for much-needed cash after the Fed's measures helped ease a logjam that had frozen credit markets.

The rate at which companies could borrow high-grade, short-term loans mostly decreased, while rates for lower-grade pa-per continued to increase at some maturities and decreased modestly at others, according to Fed data.

The US dollar edged lower

against a broad range of cur-rencies, while Treasury yields rose, a sign that investor con-cerns had eased, at least for the moment. Meanwhile, the Dow Jones Industrial Average marked its best one-day gain since 1933.

Few believe the markets have seen the last of the heavy bouts of selling and stretches of illi-quidity that have plagued them during a month-long sell-off that has slammed everything from equities to oil. Yet Tues-day’s moves were a potential sign that investors were giv-ing at least a tentative stamp of approval to the Fed’s unprece-dented interventions of the last week and a potential US$2 tril-lion (RM8.78 trillion) in fiscal stimulus from the government.

“The promise of fiscal stim-ulus in addition to what the Fed has begun to do encour-ages investors that we don’t have to go through this alone,” said Michael Farr, president of Farr, Miller & Washington LLC. — Reuters

RIYADH: Leaders from the Group of 20 (G20) major economies will convene a video conference today to discuss the Covid-19 epidemic, the Saudi secretariat said, amid criticism that the group has been slow to respond to the global crisis.

G20 finance ministers and cen-tral bankers agreed during a sep-arate video conference this week to develop an "action plan" to respond to the outbreak, which the International Monetary Fund (IMF) expects will trigger a glob-al recession. A subsequent state-ment offered few details.

A separate statement published

late on Tuesday said Saudi Ara-bia's 84-year-old King Salman would chair the meeting "to ad-vance a coordinated global re-sponse to the Covid-19 pandem-ic and its human and economic implications."

One source said the G20 sher-pas, who are the leaders' emissar-ies, would have spoken yesterday to prepare. Summits typically take months to prepare, with deputies gathering in person to hash out differences before leaders arrive but in this case, because of health precautions, they are conven-ing remotely, which could make reaching compromises harder. — Reuters

LONDON: Seventy per cent of people in Britain, Canada, France, Germany, Italy, Japan and the US expect their house-hold to lose income due to the Covid-19 outbreak, according to a survey yesterday.

Th e highly contagious virus has caused entire regions to be placed on lockdown, halting services and production and breaking supply chains.

In Italy, which has borne the brunt of the outbreak in Europe, 82% of respondents to the Kan-tar survey said the virus has or will impact their household in-come compared with 74% in the US and 70% in Britain.

Th e country expecting the least fi nancial impact was Ger-many.

In Britain, just 28% of peo-ple said they had started work-ing from home more often and only a little over half said they were avoiding visits to elderly and vulnerable relatives and friends where possible.

Th e online survey was con-ducted last week.

Japan had highest number of people who said they had start-ed wearing a mask (65%) but the lowest number of people doing all other measures listed in the survey, such as social distanc-ing, washing hands more and avoiding unnecessary social contact. — Reuters

NEW YORK: Billionaire Tilman Fertitta said he has had to tem-porarily lay off roughly 40,000 workers at his casino, hotel and restaurant empire to limit the economic damage caused by government-imposed shut downs.

Th e Texas native, who owns the Golden Nugget casinos as well as hundreds of restaurants including Del Frisco’s and Bub-ba Gump Shrimp under the Landry’s Inc umbrella, is call-ing on the authorities to allow businesses to reopen at limited capacity in a couple of weeks to avoid economic disaster.

“I think what we are doing with the shut down is good but in a few weeks people will need to be around people,” Fertit-ta said in an interview with Bloomberg on Tuesday. “Oth-erwise you are going to go into an economic crisis that is going to take us years to dig ourselves out of.” — Bloomberg

Fed’s stimulus eases global market fears, gets cash fl owing

G20 leaders to convene by video conference today about Covid-19

Journalists sitting in the media centre during the meeting of G20 fi nance ministers and central bank governors in Riyadh, Saudi Arabia, on Feb 22. Photo by Reuters

‘Seventy per cent of G7 people see their households poorer’

Fertitta lays off 40,000 workers at casinos, restaurants BY D AV I D E S C I G L I UZ ZO

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1 6 W O R L D B U S I N E S S THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

Airlines beg for rescue as Covid-19 hit soars to US$250bHalf of the carriers are facing possible bankruptcy — IATA

BY T I M H E P H E R & S A R A H YO U N G

LONDON/PARIS: Global airlines urged governments on Tuesday to speed up bailouts to rescue the air transport industry as they dou-bled their estimate of 2020 revenue losses from the Covid-19 crisis to more than US$250 billion (RM1.1 trillion).

“We clearly need massive action very quickly and urgently,” Alex-andre de Juniac, director general of the International Air Transport Association (IATA), told reporters.

SYDNEY: Qantas Airways Ltd yester-day secured A$1.05 billion (RM2.79 billion) against its aircraft fl eet to help it ride out the virus crisis, send-ing its shares soaring, as airlines in the Asia-Pacifi c region sliced away capacity and jobs.

Qantas raised the financing against seven of its Boeing Co 787-9s for up to 10 years at a 2.75% inter-est rate, showing there is still low-cost funding available to airlines with strong fundamentals even as

BY J A M I E F R E E D

BY D AV I D S H E PA R D S O N

With planes unable to fl y because of travel restrictions, compounded by a plunge in demand over fears of contagion, airlines worldwide have grounded most of their fl eets, and many have said they need govern-ment support to survive.

Th e industry is now contemplat-ing months without fl ying. Ryanair, Europe’s biggest airline by passenger numbers, said on Tuesday it does not expect to operate in April or May.

Many will not survive such a hammer blow to their fi nances. IATA said that without government sup-

port, up to half of airlines face possi-ble bankruptcy in the coming weeks.

“We have a liquidity crisis com-ing at full speed — no revenues and costs still on our [books], so we desperately need some cash,” de Juniac said.

Airline stocks have been among the biggest casualties of a finan-cial market rout sparked by fears of a global recession, but Vertical Research Partners analyst Robert Stallard said the full extent of the virus’ impact on the aerospace in-dustry could turn out to be even

worse than current dire forecasts.IATA chief economist Brian

Pearce said European airlines were most at risk, with airline capacity in the region forecast to be down 90% for the second quarter of 2020.

Analysts have said indebted Norwegian Air is one of the most vulnerable, but it was helped by a small government cash injection on Tuesday as it began talks with creditors worried about its liquidity.

IATA broadly stuck to a forecast last week that government bailouts worth about US$200 billion were

needed, even as it more than dou-bled its estimate for 2020 revenue losses to US$250 billion, compared with US$113 billion forecast 2½ weeks ago. Th at would represent a 44% decline on 2019.

De Juniac, a former Air France-KLM boss, brushed aside a growing debate about whether relief for air-lines should come with strings at-tached, such as new commitments on climate goals. But he said th in-dustry would continue eff orts al-ready under way to curb emissions once the crisis recedes. — Reuters

WASHINGTON: Detroit’s Big Three automakers plan to ex-tend a current shutdown of vehi-cle production in North America into April as the Covid-19 pan-demic continues, people briefed on the matter said on Tuesday.

The automakers had said last Wednesday they would halt production until at least next Monday.

Ford Motor Co said in a state-ment on Tuesday it was “not plan-ning to restart our plants in the US, Canada and Mexico on Monday, March 30 as originally hoped.”

Two people briefed on the matter said Ford does not plan to restart production until at least April 6 but warned it could be further delayed into April.

General Motors Co (GM) and Fiat Chrysler Automobiles NV also do not plan to resume pro-duction next Monday, three peo-ple briefed on the matter said. It was unclear when they may re-

Qantas shares soar on fi nancing deal as rivals cut more capacity

the global industry calls for more government aid to help replace an estimated US$250 billion (RM1.10 trillion) of lost revenue in 2020.

“Over the past few years we’ve signifi cantly strengthened our bal-ance sheet and we’re now able to draw on that strength under what are exceptional circumstances,” Qantas chief executive offi cer Alan Joyce said in a statement.

The airline’s shares had their biggest intraday gain, rising as much as 31% before closing 26% higher. The broader Australian

market was up 5.5%.Qantas has cut all internation-

al fl ights and put two-thirds of its 30,000 staff on leave but so far has maintained its investment-grade credit rating.

It is continuing with a costly pro-gramme to upgrade the interior of its grounded Airbus SE A380 su-per-jumbos, in an expression of confi dence demand will eventually return to normal.

Other airlines in the region are also looking at ways to raise cash beyond government aid. — Reuters

US automakers to extend shutdown into April — sources

sume production or if some plants could restart before others.

GM declined to comment on Tuesday but said last week when it announced the shutdown it would last “until at least March 30. Pro-duction status will be reevaluated week-to-week after that.”

Michigan Governor Gretch-en Whitmer issued an order on Monday barring non-essential businesses from operating until April 13.

A spokesman for Whitmer was unable to clarify on Tuesday whether auto production is con-sidered essential or not.

Michigan has declared vehi-cle sales by auto dealers to be im-permissible under the order, but dealerships and other facilties can make repairs.

United Auto Workers President Rory Gamble said in a letter to un-ion members on Tuesday that Fiat Chrysler had tyold the union that it would comply with the Michigan governor’s order and had “no plans to reopen on March 30.” — Reuters

BY E B E N N O V Y- W I L L I A M S

BY J A M I E F R E E D

NEW YORK: Nike Inc soared in late trading after online-order growth helped sales vault past Wall Street estimates, laying out a blueprint for how the sportswear giant could cope with the Covid-19 pandemic.

Th e company posted revenue of US$10.1 billion (RM44.34 billion) for the three months ended Feb 29.

SYDNEY: Virgin Australia Hold-ings Ltd said yesterday it was cutting 90% of its domestic ca-pacity, temporarily grounding 125 aircraft, and putting 80% of its employees on leave until at least the end of May as demand plummets due to Covid-19.

Th e moves at Australia’s No 2 airline will aff ect 8,000 workers and all operations of its low-cost subsidiary Tigerair Australia will be suspended. It had al-ready grounded all international fl ights. Leave without pay will be inevitable for many employees,

Nike rallies after results suggest ‘it is weathering virus era’

Virgin Australia to cut 90% of domestic fl ights, put 8,000 staff on leave

Analyst had projected of US$9.6 billion. Earnings amounted to 53 cents a share, matching estimates.

Since the end of the quarter, hundreds of millions in Europe and the US have been living under lockdown, and Nike may have an opportunity to accelerate customer conversion from brick-and-mortar shopping to digital. E-commerce sales, already a major priority for

Nike, were up 35% last year to US$3.8 billion. In the latest quar-ter, they rose even faster, at 36%.

“Amid unprecedented condi-tions across the globe, we are stay-ing focused on not simply man-aging through this situation, but taking the actions that will allow us to emerge stronger than before,” chief executive offi cer John Dona-hoe said. — Bloomberg

the company said.Th e domestic and international

suspensions will last from March 27 to June 14 and it will look to pause key supplier agreements.

It is also looking to close its New Zealand cabin crew and pilot bases and its Tigerair Aus-tralia pilot base in Melbourne.

“We plan to return Tigerair Australia and Virgin Australia to the skies as soon as it is viable to do so. However, I am mindful that how we operate today may look diff erent when we get to the oth-er side of this crisis,” Virgin chief executive officer Paul Scurrah said in a statement. — Reuters

A man walking past a Nike store in an almost deserted Manhattan borough of New York City during the Covid-19 outbreak on Tuesday. Nike shares have risen due to growth of its online orders. Photo by Reuters

Page 18: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

W O R L D 1 7THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

US senators, Trump offi cials agree US$2 tril Covid-19 aid pactTh is is ‘the largest rescue package in American history’

BY K A R E N L E I G H

HONG KONG: US President Donald Trump said he would stop using the term “Chinese virus,” the latest in-dication that the US and China are seeking to de-escalate their blame game over the deadly pandemic.

“I don’t regret it, but they accused us of having done it through our sol-

Trump says he will stop using ‘Chinese virus’ diers, they said our soldiers did it on purpose, what kind of a thing is that?” Trump said in an interview on Tuesday with Fox News. “Look, everyone knows it came out of China, but I decided we shouldn’t make any more of a big deal out of it. I think I made a big deal. I think people un-derstand it.”

Trump cited the Ebola virus and

Lyme disease as other illnesses named for their location of discov-ery. “Th ey do name it after places, it came from China,” he said. He also said that he maintained a “very good” relationship with Chinese President Xi Jinping.

Th e virus was fi rst found in hu-mans in the central Chinese city of Wuhan late last year and has spread

rapidly across the world, with more than 420,000 cases and almost 19,000 dead. Trump, who is facing an elec-tion this year, has sought to blame China as the outbreak slams global stock markets and threatens to push the world into recession.

On Tuesday, Trump also tweeted his support for Asian-Americans, who have increasingly faced rac-

ism in recent weeks as the illness spreads across the US and Repub-lican politicians highlight its “Chi-nese” origins. Th e World Health Organization named the disease Covid-19 — short for “coronavirus disease 2019” — in part to avoid stigmatising any one place or group for a virus that poses risks to every-one. — Bloomberg

UK Parliament faces four-week shutdown BY K I T T Y D O N A L D S O N

LONDON: Th e British govern-ment is planning to shut down Parliament for four weeks from yesterday night in the latest at-tempt to slow the spread of Cov-id-19.

Th e UK outbreak is most ad-vanced in London and several pol-iticians have fallen ill, including a health minister. Parliament had been scheduled to break for East-er on Tuesday, but the House of Commons would close yesterday if — as expected — lawmakers vote for the move, British offi cials said. Th e Commons would reopen on April 21.

Th e move to shut Parliament follows Prime Minister Boris Johnson’s decision to put the UK on lockdown, ordering people to stay at home unless essential for work, closing schools, restaurants and shops, and banning gather-ings in public.

But Johnson’s strategy has been called into question, with some critics saying it does not go far enough. Construction workers have been going to work on project sites as normal and packed Lon-don Underground trains prompted concerns that passengers will be spreading the disease.

Johnson has also faced calls for an urgent acceleration in the programme of testing people for Covid-19.

Th e government said it is ac-ceptable for construction work to continue, if workers stand at least two meters apart to reduce the risk of contagion.

“If you can work from home you must do so. If you can’t work from home then you can go into work,” Housing Secretary Robert Jenrick told the BBC’s Breakfast programme yesterday. “A number of employ-ers have concluded that they can’t follow the Public Health England guidance and have chosen to shut down their sites.” — Bloomberg

BY D AV I D B R U N N S T R O M

WASHINGTON: US Secretary of State Mike Pompeo sharpened last Th ursday his criticism of China’s handling of the Covid-19 pandemic, saying its ruling Communist Party was still denying the world informa-tion needed to prevent further cases.

BY R I C H A R D C O WA N

& D AV I D M O R G A N

WASHINGTON: US senators and Trump administration offi cials have reached an agreement on a massive economic stimulus bill to alleviate the economic impact of the Covid-19 out-break, the negotiators said yesterday.

Th e Senate will vote on the US$2 trillion (RM8.79 trillion) package later in the day and the House of Representatives is expected to fol-low suit soon after.

“Th is is a wartime level of invest-ment into our nation,” Republican Senate Majority Leader Mitch Mc-Connell said in a speech announcing the pact after days of negotiations

between Republican and Democratic lawmakers, Treasury Secretary Ste-ven Mnuchin and other top aides to President Donald Trump.

“We’re going to pass this leg-islation later today (yesterday),” McConnell said.

Senate Democratic Leader Chuck Schumer called the meas-ure “the largest rescue package in American history,” describing it as a “Marshall Plan” for hospitals and medical needs, in a reference to the US-funded programme that helped rebuild Europe after World War Two.

Th e text of the pact was not due to be available until later yesterday.

McConnell said the package

would rush checks to help Amer-icans pay bills during job lay-off s related to the outbreak, expand un-employment insurance and deliver emergency loans to small businesses.

It would also “stabilise key na-tional industries” and provide financial help for hospitals and healthcare providers struggling to get equipment for sick patients, he added.

Th e stimulus package had been expected to boost the economy with a massive infusion of aid, in-cluding a US$500 billion fund to help hard-hit industries with loans and a comparable amount for di-rect payments of up to US$3,000 to millions of US families. — Reuters

Formula 1 helps Boris Johnson meet 30,000 ventilator targetBY A L E X M O R A L E S

& S I D D H A R T H P H I L I P

LONDON: Th e UK is homing in on a solution to the short-age of ventilators needed to address the growing Covid-19 crisis with help from Formula 1 motor racing teams and cor-porate giants such as Siemens AG and Airbus SE.

Prime Minister Boris John-son last week appealed to man-ufacturers of all stripes to help build 30,000 ventilators so that the National Health System does not run out of capacity. The publicly funded system only has just over 8,000 of the devices in operation yesterday.

Adding urgency to the chal-lenge is the rising number of UK cases of Covid-19: on Tuesday, the health depart-ment announced more than 1,400 new cases and 87 more deaths. Health service chiefs have warned that a lack of ven-tilators may soon force doctors to choose which patients get access to the life-saving equip-ment.

While production of the new devices is yet to start, pro-gress has been swift, and an an-nouncement on the way forward is likely in the coming days, ac-cording to two people familiar with the matter, who asked not to be identifi ed because they were not authorised to speak publicly.

Johnson’s request caused initial confusion, with some dismissing his ambition as un-feasible. But three groups have been formed: one is looking at scaling up production of ex-isting ventilators, the second at designing new models, and the third at reverse-engineering them. — Bloomberg

Pompeo says China still withholding Covid-19 informationThe remarks, in an interview

with the Washington Watch radio programme, provoked a riposte from China that Pompeo should cease “politicising” the epidemic and defaming the country.

Pompeo also accused Iran and Russia of waging disinformation campaigns about the virus.

In Beijing, foreign ministry spokes-man Geng Shuang said China had been transparent and shared infor-mation with the World Health Or-ganization and other countries, in-cluding the US.

“We urge the US to cease po-liticising the epidemic, and cease attacking and defaming China,”

Geng told a daily news conference.Pompeo, a persistent critic of Bei-

jing and the Communist Party, said “very important decisions” would have to be made in future about how the US-China relationship was structured.

He added that supply-chain challenges faced in the US were due to companies “operating their

supply chains out of China but not here in the United States.”

Pompeo did not elaborate, but US offi cials said last week the White House was preparing an execu-tive order to help relocate medi-cal supply chains from China and elsewhere overseas to the US amid the pandemic. — Reuters

The Wall Street Bull is seen standing on a nearly empty Broadway in the fi nancial district in New York City, New York, US on Monday. ‘This is a wartime level of investment into our nation,’ McConnell says. Photo by Reuters

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1 8 W O R L D THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

Singapore Covid-19task force chief weaps in ParliamentSINGAPORE: A government minister leading Singapore’s Covid-19 task force broke down in tears midway through a speech in parliament yester-day as he thanked healthcare workers and others for their ef-forts in tackling the pandemic. “Words are not enough,” said Lawrence Wong, his voice shak-ing before he abruptly stopped the speech, began crying and said “please give me a minute”. Singapore, which has been bat-tling the virus outbreak for over two months, has seen a sharp rise in mainly imported cases in recent days to a total of 558 infections and on Saturday re-corded its fi rst deaths from the virus. — Reuters

Singapore not rulingout holding election during virus outbreakSINGAPORE: Singapore’s gov-ernment said yesterday it was not ruling out holding a gen-eral election during the Cov-id-19 outbreak in the city state, saying strong leadership was needed in a crisis. Singapore, which must hold a ballot by early 2021, revised its electoral boundaries earlier this month, in a move typically seen as a precursor to calling a vote. Re-sponding to a question in par-liament, senior minister Teo Chee Hean said “the present situation is not ideal” but add-ed that because the outbreak could go on for some time, the country could go for early elec-tions. — Reuters

Thai lockdown said to spark exodus of 60,000 migrant workersBANGKOK: About 60,000 mi-grant workers living in Th ailand have fl ed the country since au-thorities shut malls and many businesses at the weekend to curb the spread of Covid-19, a Thai interior ministry official said yesterday. Th ailand’s latest measures have left many without jobs and prompted a mass exo-dus of the country’s four or fi ve million migrant workers. A Th ai interior ministry offi cial told Reu-ters about 60,000 migrant work-ers from Laos, Cambodia, and Myanmar had returned home as of Tuesday. — Reuters

Australia to quarantine cruise ship passengers on tourist islandSYDNEY: Australia said yester-day it would force passengers on a ship into quarantine on a tourist island and refuse entry to another vessel as authorities slapped heavy curbs on peo-ple movement to stop the rapid spread of Covid-19. Both ships are currently off the coast of Western Australia, where the state government was desperate to avoid repeating an incident on the other side of the country where 2,700 cruise passengers entered Sydney without health checks, including more than 130 who had the virus. — Reuters

I N BR I E FSingapore less social as Covid-19 curbs fi nally hitAll bars, entertainment venues will close starting today to contain the virus spread

India bans exports of Trump-backed malaria drug as demand surges

BY J O H N G E D D I E

& J O S E P H C A M P B E L L

SINGAPORE: Daily life in Singa-pore has been broadly unhindered while authorities on the wealthy Southeast Asian island waged their widely praised campaign to stop the spread of Covid-19.

But the buzz and bustle of the city state, as portrayed in recent Netfl ix series Singapore Social, is fi nally quieting.

From today onwards, all bars and entertainment venues will close in an eff ort to contain a sharp rise to over 500 cases in recent days, while restaurants will stay open but with strict social distancing rules to keep customers apart.

“Th is is a challenge for everybody,” Azrol Ishak, a manager at bar-res-taurant Brewerkz said as some cus-tomers separated by cordoned-off tables sipped drinks on a veranda overlooking the Singapore River.

“Some of the restaurants are al-ready [having] a very poor turnout and already closed down. We are still surviving ... and try to sustain for another few months.”

Singapore was one of the hard-est-hit countries when the virus fi rst

spread from China earlier in the year, but strict contact tracing and quarantine measures appeared to have stemmed the contagion until outbreaks in Europe and the US led to a second wave of imported cases and more domestic transmission.

Some countries like Italy and

Britain have gone into complete lockdown, forcing people to stay home to slow the spread of a virus that has killed over 18,000 people globally.

Th e World Health Organization’s top emergency expert last Friday held up Singapore as an example

why social distancing was not nec-essary if other containment meas-ures were imposed.

“It never closed its schools. It didn’t shut down its public health system. It didn’t do lockdowns,” Mike Ryan said. Offi ces and schools, with the exception of a few inter-national schools, remain open in Singapore, but public gatherings of more than 10 people are prohibited under new rules imposed this week.

At chic French restaurant Merci Marcel in the Orchard Road shop-ping district, customers had their temperature taken and fi lled in trav-el declaration forms before dining at those tables not marked off with bright yellow tapes.

Operations manager Nicolas Guidi said he has lost about 40% of covers due to regulations imposed in recent days preventing guests from sitting too close to each other.

“It’s kind of a bit scary when you come into the restaurant. You come for the experience and you see all [these] yellow [tapes] everywhere ... but they (customers) are happy to comply,” said Guidi.

“We have the chance as well to be in Singapore, where people have social responsibility.” — Reuters

Customers, separated by bright yellow tapes, dining at Merci Marcel in Singapore’s Orchard Road shopping district yesterday. Public gatherings of more than 10 people are prohibited in the city state under new rules imposed this week. Photo by Reuters

TAIPEI: Taiwan doubled down on its criticism of China’s handling of the Covid-19 crisis yesterday, saying the Communist Party cared more about power than its own people, while Beijing described Taipei’s allegations of a cover-up as slander.

Th e epidemic has deepened en-mity between Taiwan and China, which regards the democratic is-land as its sacred territory, to be brought under its control by force if necessary.

Taiwan’s government said Chi-na has intentionally hampered its eff orts to get virus information di-rectly from the World Health Or-ganization (WHO). China blocks Taiwan’s WHO membership as it considers the island merely one of its provinces.

Taiwan has also been angered by stepped-up Chinese military drills near the island in recent weeks.

On Tuesday, Taiwan Premier Su Tseng-chang accused China of covering up the crisis in its early stages and not giving the world early enough warning.

Th en yesterday, Cho Jung-tai, chairman of Taiwan’s ruling Dem-

Taiwan doubles down on its criticism of ChinaBY B E N B L A N C H A R D

BY M I C H E L L E FAY C O R T E Z

& C L A I R E C H E

MINNEAPOLIS/BEIJING: India has banned exports of a malar-ia drug backed by US President Donald Trump amid a run on supplies globally, even as pre-liminary findings emerge that the medication is not better than regular care in the treatment of Covid-19.

Exports of hydroxychloro-quine will be limited to fulfi ll-ing existing contracts, while cer-tain shipments on humanitarian grounds may also be allowed on a case-by-case basis, according to a statement issued yesterday by the directorate general of for-eign trade. Th e ban also does not apply to factories in its special export zones.

India has some of the world’s largest manufacturers of the fi n-ished drug as well as its component ingredients and the move is likely to crimp global supply at a time when the medication is receiving unprecedented global attention.

Hospitals and consumers in the US are stockpiling the drug after Trump called it a “game changer” in the treatment of Covid-19 and vowed to make it widely available. China, Europe, and South Korea recommend it

ocratic Progressive Party, reiterated the cover-up accusation, adding that China had hoodwinked the WHO.

“Since the outbreak of the epi-demic at the end of last year, Chi-na has covered it up and manip-ulated the WHO to pretend that everything is going well,” Cho told a party meeting, according to a statement.

“Th e Chinese Communist Party regime’s approach of maintaining stability and neglecting people’s lives and health has caused the spread of the epidemic and seri-ously damaged China’s carefully crafted image as a great power,” he added.

China has strongly denied cover-ing up the epidemic, and has said it ensures the island is provided with the information it needs to battle the virus. Th e WHO has also praised China’s response to the epidemic.

In a statement late on Tuesday, China’s policymaking Taiwan Af-fairs Offi ce said it was “slander” for Taiwan to suggest there was a cover-up and that China had sent Taiwan 101 notifi cations to date, including information about its sharing of virus genome sequences with the WHO. — Reuters

as one of several treatments for Covid-19 patients, while India itself advocates healthcare work-ers take the drug regularly as a preventive measure.

But there is no conclusive sci-entific evidence that hydroxy-chloroquine can treat the infec-tion from the novel pathogen. Indeed, a small study published in the Journal of Zhejiang Uni-versity in China showed that pa-tients who got the medicine did not fi ght off Covid-19 more often than those who did not get the medicine.

Top scientists, including White House Covid-19 task force mem-ber Anthony Fauci, have called reports that hydroxychloroquine might work anecdotal, and said they need further study before the pill’s use is encouraged.

As the outbreak spreads around the world and shuts down large parts of the global economy, hundreds of clinical trials are being launched to study the eff ectiveness of everything from anti-flu drugs and anti-body-containing plasma from recovered patients, to traditional Chinese herbal medicine. More than 420,000 people have been infected worldwide with almost 20,000 killed in the widening pan-demic. — Bloomberg

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1 9

THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

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

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

Bursa Malaysia

FBM KLCI 1,324.50 33.36 2.58FBM ACE 3,658.27 106.12 2.99FBM TOP 100 8,929.23 239.99 2.76FBM EMAS 8,988.07 245.34 2.81FBM MID 70 10,032.37 333.64 3.44FBM MIDS CAP 9,386.91 379.51 4.21FBM SMALL CAP 8,656.81 327.24 3.93FBM FLEDGLING 10,162.73 66.18 0.66FTSE4GOOD BURSA M’SIA 727.47 17.59 2.48FBM PALM OIL PLANTATION MYR N/A N/A N/AFBM EMAS SHARIAH 9,770.86 299.74 3.16FBM HIJRAH SHARIAH 11,342.38 330.26 3.00FBM MIDS CAP SHARIAH 8,907.71 381.94 4.48

INDICES CLOSE +/- %CHGCONSTRUCTION 130.57 5.47 4.37CONSUMER PRODUCTS & SERVICES 493.58 13.89 2.90ENERGY 597.01 30.47 5.38FINANCIAL SERVICES 12,148.42 152.94 1.27HEALTH CARE 1,213.43 24.53 2.06INDUSTRIAL PRODUCTS & SERVICES 100.98 3.66 3.76PLANTATION 6,013.81 179.63 3.08PROPERTY 521.57 12.35 2.43REAL ESTATE INVESTMENT TRUSTS 835.82 23.02 2.83TECHNOLOGY 27.55 1.12 4.24TELECOMMUNICATION & MEDIA 526.44 11.92 2.32TRANSPORTATION & LOGISTICS 517.60 18.23 3.65UTILITIES 802.32 30.29 3.92

INDICES CLOSE +/- %CHG

Sectorial Movement

CONSUMER PRODUCTS & SERVICES 0.959 0.530 0.635 0.610 0012 3A 0.610 0.010 1038 0.622 10.20 3.28 300.1 0.255 0.040 0.060 0.050 5238 AAX 0.060 0.010 25067 0.056 — — 248.9 0.440 0.220 0.350 0.305 7120 ACOSTEC 0.325 UNCH 1175.3 0.329 — — 63.2 1.830 0.910 1.060 1.010 6599 AEON 1.040 0.040 1200.9 1.036 13.37 3.85 1,460.2 0.185 0.040 0.050 0.050 7315 AHB 0.050 UNCH 147.7 0.050 — — 8.8 2.150 0.500 0.800 0.660 5099 AIRASIA 0.740 0.110 102645 0.721 — 32.43 2,473.1 17.609 9.960 12.500 11.700 2658 AJI 12.100 0.320 55.6 12.073 13.18 3.88 735.7 5.991 4.500 4.750 4.700 6351 AMWAY 4.750 0.050 45.6 4.722 15.26 4.21 780.8 0.025 0.005 — — 5194 APFT 0.005 — — — 0.14 — 6.7 3.889 2.450 2.780 2.670 6432 APOLLO 2.780 0.120 19.7 2.721 15.27 7.19 222.4 0.240 0.070 0.100 0.080 1481 ASB 0.090 UNCH 12917 0.090 1.12 2.78 83.6 0.580 0.420 — — 7722 ASIABRN 0.440 — — — 8.43 — 102.4 2.486 1.300 1.480 1.410 7129 ASIAFLE 1.480 0.090 32.5 1.435 6.94 9.46 288.2 4.400 3.800 3.950 3.850 7048 ATLAN 3.910 0.010 10.9 3.915 39.94 5.12 991.8 0.200 0.020 0.050 0.035 8885 AVI 0.035 -0.005 7468.9 0.039 — — 33.1 34.678 9.260 10.240 9.650 4162 BAT 9.880 0.270 1426.3 9.990 8.16 11.94 2,821.0 2.688 0.935 1.140 1.040 5248 BAUTO 1.110 0.080 3716.9 1.112 8.21 9.86 1,291.5 1.773 1.000 1.170 1.130 5196 BJFOOD 1.140 -0.010 1472.4 1.149 23.08 3.51 435.6 0.260 0.105 0.165 0.150 4219 BJLAND 0.155 -0.005 9473.8 0.153 — — 775.1 2.691 1.940 2.210 2.120 1562 BJTOTO 2.170 -0.010 2610.6 2.157 13.89 7.37 2,931.7 1.344 0.320 0.445 0.410 9288 BONIA 0.420 0.015 851.3 0.419 4.28 4.76 84.7 0.390 0.070 0.135 0.110 9474 BRAHIMS 0.120 0.010 863.2 0.120 — — 28.4 0.625 0.195 0.230 0.215 7174 CAB 0.215 -0.005 342 0.222 — 1.16 148.5 0.595 0.185 0.220 0.200 7154 CAELY 0.200 -0.020 32 0.214 — — 32.9 0.305 0.170 — — 7128 CAMRES 0.205 — — — 410 — 40.3 2.600 1.811 2.580 2.570 5245 CARING 2.570 UNCH 8.1 2.574 27.90 2.33 559.5 39.260 17.380 23.640 22.300 2836 CARLSBG 23.500 2.000 1100.2 22.99 24.69 3.82 7,185.1 2.140 1.150 1.220 1.150 2925 CCB 1.200 0.010 276.1 1.181 — — 120.9 0.637 0.300 0.360 0.330 7035 CCK 0.345 0.010 1369.3 0.345 6.46 3.62 217.6 0.330 0.185 — — 7209 CHEETAH 0.185 — — — 12.85 2.16 23.6 1.480 0.820 0.920 0.880 2828 CIHLDG 0.880 0.015 22.3 0.894 4.61 9.09 142.6 0.095 0.030 — — 5104 CNI 0.035 — — — — 8.57 25.2 0.055 0.020 — — 5188 CNOUHUA 0.020 — — — 100 — 13.4 2.114 1.390 1.500 1.450 7205 COCOLND 1.500 0.040 61.2 1.483 9.24 7.67 343.2 1.079 0.570 0.650 0.600 7202 CSCENIC 0.600 UNCH 139.7 0.612 11.58 8.33 72.3 0.491 0.240 — — 9423 CWG 0.250 — — — 9.92 6.00 31.6 0.035 0.020 0.025 0.020 7179 DBE 0.020 -0.005 4000 0.021 6.06 — 56.7 1.130 0.760 — — 7119 DEGEM 1.040 — — — 30.86 — 139.4 2.990 1.680 1.940 1.830 5908 DKSH 1.870 0.070 82.1 1.881 7.54 5.35 294.8 63.855 34.000 41.000 39.440 3026 DLADY 40.040 0.840 14.5 40.169 24.87 2.50 2,562.6 2.962 0.980 1.360 1.150 1619 DRBHCOM 1.250 -0.010 10232 1.282 4.97 2.40 2,416.5 0.120 0.035 0.040 0.040 2097 EASTLND 0.040 UNCH 200 0.040 — — 13.0 0.634 0.460 0.490 0.490 5081 EIG 0.490 UNCH 1 0.490 15.61 6.12 116.2 0.065 0.025 — — 7182 EKA 0.025 — — — — — 7.8 0.250 0.080 0.105 0.095 9091 EMICO 0.100 0.010 895.8 0.098 4.65 — 10.6 1.120 0.720 0.850 0.850 7149 ENGKAH 0.850 0.070 0.2 0.850 77.98 7.06 60.1 0.250 0.080 0.250 0.210 7208 EURO 0.245 0.045 8682.2 0.230 — — 65.5 0.500 0.320 — — 7094 EUROSP 0.500 — — — — — 22.2 36.213 24.120 30.060 29.180 3689 F&N 29.700 -0.300 75.3 29.690 26.20 2.02 10,893.3 0.740 0.570 — — 2755 FCW 0.595 — — — 9.47 16.81 148.7 0.518 0.350 0.420 0.400 6939 FIAMMA 0.420 0.020 178.5 0.410 7.98 4.76 214.2 0.481 0.145 0.170 0.150 8605 FIHB 0.150 UNCH 564.4 0.150 2.14 — 16.4 1.820 1.080 1.380 1.230 9172 FPI 1.290 0.050 904.9 1.295 7.68 8.53 319.1 3.720 0.735 1.820 1.680 7184 G3 1.680 -0.030 208.1 1.786 — — 786.3 3.260 1.500 2.130 1.800 5102 GCB 2.020 0.120 4699.2 2.001 7.66 1.24 2,038.3 0.500 0.305 0.310 0.305 5592 GCE 0.310 -0.010 290 0.309 — — 61.1 3.790 1.830 1.980 1.850 4715 GENM 1.900 0.050 34771 1.925 7.70 5.79 11,282.3 6.830 2.910 3.600 3.300 3182 GENTING 3.450 0.190 15622 3.487 6.66 3.62 13,375.3 0.415 0.035 0.060 0.050 5079 GETS 0.055 UNCH 1115.3 0.058 — — 6.9 0.165 0.070 0.095 0.075 0136 GREENYB 0.080 -0.005 662 0.079 7.08 2.00 26.7 2.624 1.120 1.230 1.160 7668 HAIO 1.170 0.020 498 1.201 8.89 10.26 351.3 3.920 2.890 3.000 2.920 5008 HARISON 2.920 UNCH 15.9 2.948 7.97 6.85 200.0 0.155 0.030 0.040 0.035 5187 HBGLOB 0.035 UNCH 259.8 0.040 1.91 — 16.4 31.740 17.300 22.040 21.000 3255 HEIM 21.700 1.040 260.3 21.641 20.95 4.98 6,555.5 11.401 6.040 7.400 7.000 3301 HLIND 7.000 0.040 123.6 7.177 7.05 7.07 2,295.3 0.738 0.355 0.455 0.420 5160 HOMERIZ 0.435 UNCH 491.2 0.440 5.20 6.90 130.5 0.945 0.745 0.835 0.795 5024 HUPSENG 0.795 0.005 581.7 0.814 15.32 7.55 636.0 0.350 0.150 — — 8478 HWATAI 0.245 — — — — — 18.3 0.490 0.160 0.195 0.180 9113 ICONIC 0.180 -0.010 876.2 0.187 — — 58.3 0.800 0.055 0.085 0.070 7243 IMPIANA 0.070 -0.010 6274.6 0.072 7.29 — 53.7 0.740 0.250 0.315 0.285 5295 INNATURE 0.285 UNCH 1378.9 0.298 5.97 — 201.2 1.210 0.210 0.280 0.225 5107 IQGROUP 0.240 0.015 331.3 0.233 — — 21.1 0.075 0.025 0.030 0.030 7223 JADI 0.030 UNCH 2185 0.030 — — 31.1 1.150 0.680 0.750 0.720 7152 JAYCORP 0.740 0.020 37.9 0.735 5.27 13.51 101.6 0.420 0.130 0.150 0.140 8931 JERASIA 0.140 UNCH 331.3 0.141 7.69 — 11.5 1.873 0.980 1.140 1.050 7167 JOHOTIN 1.080 0.040 2052 1.098 6.90 5.93 335.3 0.380 0.120 0.250 0.180 8672 KAMDAR 0.250 0.070 29.7 0.199 277.78 — 49.5 0.643 0.260 0.340 0.315 5247 KAREX 0.325 0.010 1557.1 0.329 — 1.54 325.8 1.732 0.815 1.000 0.890 7216 KAWAN 0.895 -0.045 115.4 0.925 27.04 2.79 321.8 0.642 0.165 0.280 0.250 6203 KHEESAN 0.265 UNCH 2317.4 0.272 — 3.77 30.3 1.750 1.250 — — 7062 KHIND 1.550 — — — 33.33 — 62.1 3.110 0.295 1.170 0.960 7130 KPOWER 1.090 0.130 3121.8 1.064 18.79 — 91.3 0.120 0.035 0.050 0.045 5172 KSTAR 0.050 0.005 190 0.048 — — 22.3 0.195 0.025 0.035 0.030 4847 KTB 0.035 0.005 541 0.033 — — 14.1 0.630 0.200 0.265 0.205 1643 LANDMRK 0.210 -0.015 80.5 0.223 — — 111.1 3.989 1.800 1.950 1.880 7006 LATITUD 1.880 UNCH 20 1.899 56.46 3.19 182.8 0.530 0.160 0.270 0.240 9385 LAYHONG 0.265 0.020 5116.2 0.259 9.01 1.89 175.0 0.893 0.325 0.455 0.440 8079 LEESK 0.440 UNCH 67.6 0.450 8.84 5.68 73.8 1.161 0.430 0.505 0.485 6633 LHI 0.490 0.010 3518.7 0.494 11.48 — 1,788.5 3.181 1.570 1.980 1.750 7089 LIIHEN 1.890 0.100 977 1.891 4.34 8.20 340.2 0.405 0.010 — — 7126 LONBISC 0.020 — — — — — 5.8 0.170 0.080 0.100 0.095 8303 LOTUS 0.095 UNCH 441 0.100 — — 65.5 1.360 0.968 — — 7085 LTKM 1.200 — — — 8.21 1.25 156.1 2.644 1.211 1.500 1.360 7087 MAGNI 1.400 0.100 2129.6 1.407 5.15 7.00 607.5 2.792 1.700 1.950 1.770 3859 MAGNUM 1.820 -0.020 4090.4 1.828 10.85 8.79 2,616.7 0.130 0.080 0.085 0.085 3514 MARCO 0.085 UNCH 324 0.085 5.63 3.53 89.6 1.360 0.748 — — 5886 MBG 1.300 — — — 1857 1.15 79.0 4.372 2.500 2.900 2.540 5983 MBMR 2.560 0.010 615.5 2.594 4.38 5.08 1,000.7 0.530 0.160 0.180 0.160 7234 MESB 0.165 -0.040 963.1 0.165 3.02 — 15.0 0.802 0.335 0.405 0.390 3662 MFLOUR 0.395 0.015 2775.2 0.396 8.35 7.59 397.9 0.900 0.600 — — 7935 MILUX 0.850 — — — — — 49.9 0.120 0.020 0.030 0.025 5166 MINDA 0.030 0.005 264.4 0.025 — — 37.2 1.880 0.230 0.310 0.270 5202 MSM 0.280 0.010 4364.6 0.290 — — 196.8 0.255 0.050 0.075 0.065 3891 MUIIND 0.070 UNCH 2915.1 0.070 — — 205.3 2.460 1.100 1.250 1.130 3905 MULPHA 1.180 UNCH 261.6 1.174 — — 377.1 1.480 0.575 0.620 0.600 5275 MYNEWS 0.605 UNCH 378.8 0.607 17.39 1.65 412.7 149.90 120.00 136.70 134.40 4707 NESTLE 135.500 1.000 44.9 135.28 47.22 2.07 31,774.8 2.828 1.910 2.200 2.000 7060 NHFATT 2.050 UNCH 27.6 2.030 11.40 4.88 169.5 0.075 0.020 — — 7139 NICE 0.040 — — — — — 28.1 0.250 0.055 0.070 0.060 7215 NIHSIN 0.065 UNCH 4589 0.066 — — 20.9 0.575 0.295 0.360 0.335 5066 NTPM 0.350 0.015 1125.2 0.350 — 4.57 393.1 0.580 0.300 0.350 0.350 5533 OCB 0.350 UNCH 49 0.350 — — 36.0 0.820 0.290 0.350 0.315 0049 OCNCASH 0.330 0.010 5213.4 0.334 11.38 4.39 80.9 0.882 0.450 0.570 0.520 7107 OFI 0.520 -0.010 227.5 0.528 10.81 3.46 124.8 0.135 0.050 0.065 0.060 3018 OLYMPIA 0.065 UNCH 170 0.065 — — 66.5 6.580 4.500 4.850 4.700 4006 ORIENT 4.720 0.020 131.9 4.761 8.34 5.51 2,928.3 0.740 0.155 0.220 0.180 5260 OWG 0.190 UNCH 1283.1 0.201 — — 54.2 3.956 1.780 2.080 1.920 7052 PADINI 1.920 -0.030 1604.3 1.981 7.68 5.21 1,263.2 39.747 22.820 25.000 24.000 3719 PANAMY 24.400 0.500 25.8 24.530 13.56 9.26 1,482.2 0.446 0.270 — — 5022 PAOS 0.355 — — — — 4.51 64.3 0.350 0.180 — — 9407 PARAGON 0.230 — — — 4.44 — 16.1 0.280 0.065 0.080 0.065 5657 PARKSON 0.065 -0.005 6183.9 0.071 — — 71.1 0.622 0.160 0.225 0.195 6068 PCCS 0.205 0.015 5080.8 0.212 3.39 7.32 43.1 0.590 0.185 0.260 0.230 5231 PELIKAN 0.240 UNCH 2152.6 0.249 14.72 — 146.0 0.430 0.190 — — 9997 PENSONI 0.200 — — — — — 25.9 1.050 0.465 0.980 0.930 7080 PERMAJU 0.960 0.035 15525 0.957 — — 188.1 26.046 17.500 20.000 19.500 5681 PETDAG 20.000 0.600 169.4 19.891 23.94 3.50 19,869 0.149 0.075 0.095 0.080 4081 PMCORP 0.080 UNCH 28 0.082 — 6.25 61.9 0.130 0.040 0.080 0.065 1287 PMHLDG 0.075 UNCH 5611 0.074 — — 69.7 0.702 0.300 0.390 0.350 5080 POHKONG 0.355 UNCH 1633 0.368 4.28 3.38 145.7 1.558 0.690 0.820 0.730 7088 POHUAT 0.775 0.015 316.5 0.779 3.38 9.03 189.4 19.960 15.000 17.780 16.300 4065 PPB 16.900 0.980 397.9 17.094 20.86 1.83 24,041 1.300 0.055 0.130 0.105 7168 PRG 0.120 0.020 19540.3 0.117 — — 49.8 1.100 0.305 0.410 0.365 8966 PRLEXUS 0.370 0.015 435.2 0.381 9.46 2.16 67.0 0.259 0.125 0.140 0.135 0186 PTRANS 0.140 0.005 9658.3 0.138 5.02 8.93 199.2 0.846 0.350 0.420 0.395 7134 PWF 0.420 0.025 35 0.408 11.17 4.76 73.1 2.398 1.275 1.850 1.740 7237 PWROOT 1.800 0.050 435.3 1.808 16.41 4.94 739.0

8.650 6.461 7.180 6.980 7084 QL 7.150 0.190 1068.8 7.142 48.41 0.63 11,600.4 0.420 0.220 0.230 0.220 9946 REX 0.230 UNCH 76.5 0.230 — — 56.7 0.215 0.100 0.135 0.110 0037 RGB 0.130 0.025 30638 0.123 5.06 2.31 201.3 0.845 0.590 0.655 0.630 5278 RHONEMA 0.655 0.005 125.8 0.644 13.79 4.58 119.6 1.014 0.255 0.350 0.290 0183 SALUTE 0.320 UNCH 7909 0.326 — 7.50 124.2 0.400 0.080 0.150 0.140 5157 SAUDEE 0.140 -0.015 155 0.142 60.87 — 19.2 0.640 0.586 0.620 0.605 9792 SEG 0.620 0.005 993.3 0.613 16.40 4.03 784.0 1.560 1.210 1.340 1.260 5250 SEM 1.340 0.020 965.9 1.306 28.39 1.79 1,652.7 0.980 0.440 0.585 0.550 7180 SERNKOU 0.585 0.010 73.2 0.573 7.93 — 149.0 5.865 4.380 4.510 4.460 5517 SHANG 4.500 -0.050 35 4.492 31.27 3.33 1,980.0 0.550 0.275 0.310 0.310 7412 SHH 0.310 UNCH 10 0.310 — — 15.5 0.552 0.155 0.260 0.220 7246 SIGN 0.260 0.060 368 0.244 40.00 3.85 62.5 2.370 1.560 1.820 1.720 4197 SIME 1.720 0.010 9080.1 1.754 12.55 5.23 11,698.5 0.405 0.080 0.100 0.080 8532 SINOTOP 0.085 -0.015 121.2 0.094 — — 33.6 0.220 0.060 0.090 0.075 9776 SMCAP 0.080 0.005 4012.6 0.083 2.22 — 17.1 0.400 0.200 — — 7943 SNC 0.400 — — — — — 26.4 0.375 0.200 0.280 0.255 5242 SOLID 0.260 -0.010 3468.6 0.269 60.47 — 102.8 2.400 1.700 1.950 1.890 7103 SPRITZER 1.950 0.060 3 1.925 13.10 1.79 409.5 0.775 0.250 0.350 0.330 7186 SWSCAP 0.345 UNCH 38.6 0.340 — — 62.9 0.230 0.140 0.160 0.150 7082 SYF 0.155 UNCH 379.9 0.153 — 8.06 96.0 0.365 0.200 — — 7211 TAFI 0.240 — — — — — 19.2 1.605 0.980 1.030 1.000 4405 TCHONG 1.020 0.020 63.9 1.020 15.25 3.92 685.4 1.550 0.770 — — 7439 TECGUAN 0.970 — — — 3.52 — 38.9 0.340 0.115 0.145 0.130 7200 TEKSENG 0.130 -0.005 419.2 0.136 — — 46.9 1.387 0.650 0.790 0.750 7252 TEOSENG 0.780 0.045 1178.9 0.776 3.95 7.69 234.0 1.386 0.899 0.990 0.990 9369 TGL 0.990 UNCH 8.4 0.990 6.13 5.05 40.3 0.600 0.240 0.330 0.300 7230 TOMEI 0.310 0.005 329.4 0.313 4.92 3.23 43.0 0.450 0.190 0.270 0.255 7176 TPC 0.270 -0.020 153.7 0.265 30.34 — 63.1 5.696 1.650 2.280 2.060 4588 UMW 2.250 0.230 4020.5 2.224 5.98 0.89 2,628.7 2.300 1.790 — — 7757 UPA 1.900 — — — 13.25 4.21 151.2 0.970 0.100 0.295 0.230 7240 VERTICE 0.265 0.065 912.3 0.247 — — 50.0 1.127 0.680 0.800 0.720 7203 WANGZNG 0.800 0.010 20 0.733 10.93 5.00 128.0 2.250 1.410 1.500 1.500 5016 WARISAN 1.500 0.090 0.2 1.500 — 2.67 100.8 0.175 0.070 0.120 0.100 5156 XDL 0.110 0.005 47039 0.113 11.70 — 198.5 0.730 0.200 0.260 0.245 7121 XIANLNG 0.255 0.005 297.1 0.255 — — 20.4 2.340 1.700 1.700 1.700 5584 YEELEE 1.700 -0.100 0.5 1.700 13.75 2.35 325.7 1.147 0.430 0.535 0.485 5159 YOCB 0.485 -0.015 914.7 0.495 4.88 10.31 77.6 1.583 0.950 1.020 0.975 5131 ZHULIAN 1.000 0.010 295.2 0.996 9.29 8.00 460.0INDUSTRIAL PRODUCTS & SERVICES 0.095 0.040 — — 7086 ABLEGRP 0.060 — — — — — 15.8 2.400 1.680 2.100 2.100 9148 ADVPKG 2.100 0.270 0.2 2.100 — 2.86 43.1 0.130 0.040 0.075 0.060 7146 AEM 0.075 0.020 234 0.065 — — 24.7 0.710 0.300 0.320 0.320 5198 AFUJIYA 0.320 UNCH 20 0.320 31.07 — 57.6 0.330 0.160 0.200 0.190 2682 AISB 0.200 0.010 52.6 0.192 — — 28.9 0.575 0.200 0.295 0.260 7609 AJIYA 0.260 UNCH 98 0.264 13.90 — 79.2 0.575 0.180 0.500 0.360 2674 ALCOM 0.485 0.085 659.4 0.426 194.00 — 65.2 1.139 0.815 0.870 0.815 7083 ANALABS 0.870 -0.130 29 0.850 18.55 3.45 104.4 0.770 0.380 0.500 0.445 4758 ANCOM 0.455 -0.020 670.8 0.468 18.88 — 109.6 1.814 0.415 0.570 0.480 6556 ANNJOO 0.525 0.040 3434.7 0.533 — 22.86 294.0 0.050 0.010 0.015 0.010 9342 ANZO 0.015 UNCH 190 0.015 — — 13.2 0.650 0.355 — — 5568 APB 0.450 — — — — — 50.8 2.937 1.500 1.620 1.560 5015 APM 1.600 0.020 48.1 1.605 11.49 7.50 322.6 0.565 0.270 0.325 0.320 7214 ARANK 0.320 UNCH 102.5 0.320 4.53 7.81 54.4 0.605 0.095 0.135 0.120 7181 ARBB 0.125 0.005 7164.6 0.128 0.73 — 36.7 0.750 0.370 0.455 0.410 7162 ASTINO 0.415 0.005 119.2 0.418 4.53 2.41 113.8 1.850 0.665 0.780 0.700 8176 ATAIMS 0.765 0.060 870 0.750 9.41 4.30 921.3 0.630 0.375 — — 7099 ATTA 0.445 — — — 4.06 — 94.9 0.766 0.195 0.270 0.245 7579 AWC 0.260 0.015 1318.6 0.260 4.96 5.77 77.7 0.338 0.115 0.140 0.130 5021 AYS 0.135 0.005 263.8 0.136 — 14.81 51.4 0.470 0.170 0.210 0.205 7005 BIG 0.205 0.025 10.1 0.209 — — 10.8 0.150 0.040 0.060 0.050 6998 BINTAI 0.055 UNCH 268.4 0.058 6.25 — 15.9 0.280 0.170 0.220 0.210 3395 BJCORP 0.215 UNCH 8968.1 0.215 — — 1,121.2 0.766 0.300 0.360 0.340 0168 BOILERM 0.345 UNCH 291 0.347 6.47 5.80 178.0 0.050 0.010 0.015 0.010 7036 BORNOIL 0.015 UNCH 33955 0.015 — — 80.1 1.240 0.815 0.850 0.850 6297 BOXPAK 0.850 0.030 5.3 0.850 — — 102.0 1.069 0.610 0.815 0.760 5100 BPPLAS 0.760 -0.050 84.5 0.786 6.73 7.89 142.6 0.560 0.095 0.145 0.125 9938 BRIGHT 0.135 0.010 516.4 0.135 16.88 — 27.7 0.390 0.080 0.120 0.120 7221 BSLCORP 0.120 UNCH 109 0.120 — — 11.8 1.400 0.345 0.395 0.365 2771 BSTEAD 0.380 UNCH 2111 0.380 — 13.16 770.3 0.230 0.050 0.100 0.070 7188 BTM 0.075 0.010 159.5 0.071 — — 10.6 3.941 1.600 2.220 2.060 5105 CANONE 2.090 UNCH 256 2.149 0.57 1.91 401.6 0.015 0.010 — — 5229 CAP 0.010 — — — — — 13.6 1.250 0.680 0.895 0.820 7076 CBIP 0.850 0.015 601.7 0.870 12.13 3.53 457.5 2.120 0.590 0.710 0.635 2879 CCM 0.640 -0.045 587.5 0.679 6.71 7.81 107.3 0.885 0.400 0.710 0.700 8435 CEPCO 0.705 0.015 5 0.704 — — 52.6 1.260 1.100 — — 8044 CFM 1.100 — — — — — 45.1 0.600 0.330 — — 8052 CGB 0.410 — — — — — 36.9 0.902 0.392 0.515 0.490 5273 CHINHIN 0.505 UNCH 163.8 0.505 14.55 3.96 281.0 1.884 0.680 0.835 0.770 5007 CHINWEL 0.770 0.050 57.4 0.805 6.47 6.30 230.6 1.652 0.700 0.800 0.750 5797 CHOOBEE 0.775 -0.005 110.4 0.766 — 6.45 102.1 0.500 0.180 0.195 0.195 7016 CHUAN 0.195 -0.025 16 0.195 — 5.64 32.9 0.045 0.020 0.025 0.020 7018 CME 0.025 0.005 508 0.020 — — 14.6 3.824 0.830 0.955 0.830 2852 CMSB 0.885 -0.010 53592 0.902 5.92 8.36 950.8 0.500 0.350 — — 7986 CNASIA 0.410 — — — — — 20.5 0.310 0.045 0.065 0.065 7195 COMCORP 0.065 -0.010 10 0.065 — — 9.1 1.020 0.605 0.710 0.660 2127 COMFORT 0.705 0.035 4962.4 0.697 12.07 2.13 411.0 0.030 0.010 0.015 0.010 5037 COMPUGT 0.015 UNCH 355 0.012 — — 37.6 1.190 0.540 0.590 0.545 5094 CSCSTEL 0.560 0.005 1556.9 0.567 5.94 7.14 212.8 0.473 0.295 — — 7157 CYL 0.350 — — — 28.00 7.14 35.0 0.360 0.230 — — 5082 CYMAO 0.230 — — — — — 17.3 1.677 0.605 0.710 0.645 5184 CYPARK 0.665 0.005 2962.1 0.679 3.32 5.86 310.8 2.600 1.450 1.670 1.530 8125 DAIBOCI 1.610 0.010 125.2 1.645 19.42 — 527.9 0.639 0.230 0.315 0.285 5276 DANCO 0.290 -0.015 180.7 0.300 6.17 6.03 88.2 0.335 0.055 0.115 0.095 7212 DESTINI 0.105 0.010 5585.4 0.103 — — 129.2 0.660 0.185 0.240 0.215 7114 DNONCE 0.215 -0.010 361 0.225 102.3 — 56.4 0.280 0.030 0.050 0.030 5835 DOLMITE 0.035 -0.010 2798.5 0.038 — — 11.0 0.180 0.025 0.035 0.030 5265 DOLPHIN 0.030 UNCH 1932 0.035 — — 7.3 1.289 0.950 1.030 0.950 7169 DOMINAN 1.030 -0.170 51 0.993 10.80 4.85 170.2 5.000 1.823 2.770 2.370 7233 DUFU 2.700 0.260 4297.2 2.662 15.39 1.33 710.7 2.000 0.100 0.140 0.110 7165 DWL 0.110 -0.005 1120.2 0.117 — — 25.6 0.095 0.025 0.035 0.030 5178 DYNACIA 0.035 UNCH 2759.6 0.031 — — 18.8 3.459 1.880 2.250 2.150 1368 EDGENTA 2.200 0.100 258.6 2.210 10.06 6.36 1,829.6 0.260 0.050 0.090 0.060 0064 EFFICEN 0.090 0.020 4 0.068 — — 63.8 0.500 0.195 0.250 0.245 8907 EG 0.250 UNCH 629 0.249 7.20 — 68.8 1.533 1.020 1.080 1.050 5208 EITA 1.050 UNCH 194 1.054 5.40 5.71 136.5 0.815 0.400 0.480 0.400 9016 EKSONS 0.400 -0.020 176 0.419 — 12.50 65.7 0.530 0.155 0.195 0.175 7217 EMETALL 0.195 0.020 264.1 0.182 10.77 — 36.7 0.897 0.460 0.560 0.505 5056 ENGTEX 0.540 UNCH 533.5 0.540 — 1.39 239.4 0.405 0.250 0.315 0.265 7773 EPMB 0.315 0.025 41.2 0.282 — — 52.3 0.405 0.090 0.135 0.120 5101 EVERGRN 0.130 0.015 4171.4 0.129 — 3.69 110.0 1.440 1.000 1.120 1.070 2984 FACBIND 1.100 0.030 51 1.091 94.83 0.91 93.7 3.020 1.710 1.850 1.780 7229 FAVCO 1.830 0.080 91.1 1.806 5.01 7.38 409.8 0.427 0.200 0.250 0.250 0149 FIBON 0.250 -0.030 20 0.250 10.12 2.88 24.5 1.830 1.010 1.170 1.110 3107 FIMACOR 1.170 0.050 118.2 1.140 13.56 10.68 287.0 0.482 0.154 0.250 0.210 9318 FITTERS 0.230 0.005 555.8 0.226 25.27 — 110.5 1.636 0.610 0.710 0.680 5197 FLBHD 0.680 UNCH 89.6 0.694 — 21.32 72.7 1.010 0.280 0.545 0.460 5277 FPGROUP 0.500 0.020 46826 0.515 17.01 2.40 271.1 0.685 0.305 — — 7197 GESHEN 0.360 — — — — — 28.8 0.515 0.180 0.295 0.275 5220 GLOTEC 0.275 -0.010 173.9 0.284 — — 74.0 0.240 0.115 0.140 0.140 7192 GOODWAY 0.140 UNCH 20 0.140 — — 22.1 0.145 0.070 0.075 0.075 7096 GPA 0.075 UNCH 180 0.075 750.00 — 73.5 0.305 0.100 0.120 0.110 5649 GPHAROS 0.115 -0.005 83.3 0.113 — 11.04 15.7 0.525 0.160 0.245 0.225 3247 GUH 0.225 -0.010 111.4 0.237 12.50 — 62.5 10.080 6.700 7.880 7.460 3034 HAPSENG 7.800 0.300 676.5 7.653 16.70 4.49 19,419 0.686 0.230 0.320 0.295 5095 HEVEA 0.320 0.010 3481.8 0.313 12.80 13.75 181.7 0.872 0.475 0.560 0.505 5151 HEXTAR 0.530 -0.005 926.1 0.524 — 8.26 435.0 0.845 0.590 0.675 0.625 3298 HEXZA 0.655 0.005 219.6 0.661 16.09 7.63 131.2 0.288 0.090 0.110 0.100 5072 HIAPTEK 0.105 UNCH 4120.1 0.106 11.80 4.76 141.1 1.260 0.900 0.950 0.900 7033 HIGHTEC 0.900 -0.100 5.7 0.918 9.79 3.89 36.6 0.610 0.440 — — 8443 HIL 0.560 — — — 8.70 3.13 187.1 0.810 0.340 0.400 0.400 5165 HOKHENG 0.400 UNCH 23 0.400 — — 35.2 0.572 0.260 0.295 0.275 5291 HPMT 0.275 UNCH 105.5 0.283 — 2.73 90.3 1.290 0.250 0.340 0.290 0185 HSSEB 0.300 0.005 665 0.313 136.36 — 148.8 1.860 0.647 0.910 0.730 5000 HUMEIND 0.885 0.125 2194 0.855 — — 440.0 0.140 0.060 0.095 0.090 9601 HWGB 0.090 -0.005 1029.4 0.092 — — 41.4 2.286 1.815 2.260 2.180 7222 IMASPRO 2.260 -0.010 625.8 2.232 51.72 1.55 180.8 0.530 0.200 0.200 0.200 5673 IPMUDA 0.200 -0.080 9 0.200 — — 14.5 0.160 0.040 0.060 0.055 7183 IQZAN 0.060 UNCH 22 0.056 1.97 — 11.1 1.250 0.850 — — 7043 JADEM 0.850 — — — — — 107.8 0.125 0.070 0.070 0.070 8648 JASKITA 0.070 UNCH 30 0.070 — — 31.5 1.560 1.200 1.250 1.200 0058 JCBNEXT 1.230 -0.020 95.8 1.219 17.04 3.25 169.5 0.195 0.050 0.055 0.050 9083 JETSON 0.055 UNCH 131.3 0.050 — — 11.6 0.200 0.085 0.125 0.115 0054 KARYON 0.120 0.005 2232.8 0.122 8.11 3.75 57.1 0.597 0.270 — — 7199 KEINHIN 0.270 — — — 8.57 3.70 29.4 1.707 0.985 1.100 1.040 6491 KFIMA 1.100 0.070 203.5 1.064 9.50 8.18 310.5 1.430 0.590 0.770 0.700 0151 KGB 0.745 0.050 1292.8 0.752 9.36 2.42 232.0 0.300 0.110 0.150 0.130 6211 KIALIM 0.130 -0.020 34.8 0.141 — — 8.1 1.250 0.700 0.770 0.700 5371 KIMHIN 0.765 -0.080 24.3 0.754 — — 119.0 0.010 0.005 — — 5060 KINSTEL 0.005 — — — 25.00 — 5.2 2.370 1.162 1.530 1.430 9466 KKB 1.440 0.040 902.6 1.475 7.68 2.78 371.2 0.850 0.430 — — 5035 KNUSFOR 0.490 — — — 2.92 — 48.8 2.040 1.230 1.360 1.330 6971 KOBAY 1.330 -0.020 49 1.348 6.46 2.26 135.8 0.390 0.150 0.180 0.170 7017 KOMARK 0.170 -0.010 10064 0.170 — — 34.9 1.269 0.265 0.350 0.315 5843 KPS 0.330 0.015 853.7 0.328 6.35 12.88 177.3 0.540 0.265 0.380 0.345 9121 KPSCB 0.380 0.035 4 0.363 8.64 — 56.2 4.858 3.300 3.580 3.500 3476 KSENG 3.560 0.030 187 3.516 14.47 2.81 1,286.9 0.590 0.200 0.235 0.215 5192 KSSC 0.215 UNCH 58.5 0.231 — 2.33 20.6 0.450 0.150 0.205 0.185 6874 KUB 0.190 0.005 954.4 0.196 6.11 5.26 105.7 0.400 0.180 0.200 0.190 8362 KYM 0.200 0.020 4.6 0.190 22.73 — 30.0 0.615 0.260 0.330 0.280 9326 LBALUM 0.310 UNCH 94.5 0.321 5.02 4.84 77.0 4.033 0.975 1.280 1.110 5284 LCTITAN 1.200 0.030 11384 1.220 6.20 5.83 2,769.3 0.551 0.200 0.250 0.240 5232 LEONFB 0.250 0.010 166 0.246 13.81 6.00 77.5 0.260 0.060 0.090 0.090 8745 LEWEKO 0.090 UNCH 28 0.090 — — 29.0 0.300 0.090 0.115 0.115 7170 LFECORP 0.115 -0.005 70 0.115 127.78 — 23.5 0.665 0.120 0.155 0.135 4235 LIONIND 0.145 UNCH 13383 0.148 — — 104.1 0.475 0.185 0.300 0.270 8486 LIONPSIM 0.300 UNCH 112.1 0.283 6.38 — 69.5 0.360 0.185 0.205 0.205 9881 LSTEEL 0.205 -0.020 6 0.205 — — 26.2 0.105 0.050 0.060 0.055 5068 LUSTER 0.055 UNCH 1397.5 0.056 11.46 — 114.2

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

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Page 21: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

2 0 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY

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

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

0.600 0.330 0.410 0.385 5143 LUXCHEM 0.385 0.010 1350.6 0.395 8.97 5.84 344.9 2.700 2.110 2.340 2.340 9199 LYSAGHT 2.340 -0.060 1 2.340 10.61 2.99 97.3 0.590 0.170 0.235 0.210 5098 MASTEEL 0.210 -0.005 1837.8 0.225 — — 95.1 3.200 0.605 0.880 0.755 7029 MASTER 0.825 0.040 4321.6 0.839 2.87 4.24 45.1 1.490 0.920 1.000 0.970 5152 MBL 1.000 0.025 216.7 0.993 5.20 4.50 107.4 0.750 0.310 — — 7004 MCEHLDG 0.425 — — — — — 18.9 4.570 1.300 1.650 1.540 3794 MCEMENT 1.590 0.090 870.2 1.606 — — 1,351 0.385 0.090 0.130 0.110 3778 MELEWAR 0.120 0.005 1503.1 0.121 1.27 — 43.1 0.680 0.240 — — 5223 MENTIGA 0.300 — — — 6.80 — 21.0 1.738 1.080 — — 6149 METROD 1.080 — — — 23.43 5.56 129.6 0.360 0.180 0.215 0.205 5001 MIECO 0.215 UNCH 517.5 0.211 69.35 — 112.9 0.130 0.050 0.105 0.095 7219 MINETEC 0.100 -0.005 11413 0.101 — — 92.2 0.400 0.155 0.245 0.205 5576 MINHO 0.220 0.015 2030.7 0.223 29.73 5.23 74.9 0.998 0.440 0.520 0.490 5916 MSC 0.520 0.045 68.9 0.507 6.19 3.85 208.0 0.085 0.015 0.025 0.020 0043 MTRONIC 0.025 UNCH 4617.5 0.022 — — 31.1 1.846 0.835 1.000 0.930 3883 MUDA 0.950 0.010 439.3 0.974 7.36 4.74 289.8 0.505 0.140 0.215 0.175 5087 MYCRON 0.175 -0.020 69.2 0.189 — — 57.2 0.500 0.140 0.190 0.170 7241 NGGB 0.185 0.005 1985.8 0.183 — — 98.4 0.230 0.065 0.130 0.120 5025 NWP 0.125 UNCH 495.7 0.121 — — 53.9 0.697 0.330 0.500 0.425 4944 NYLEX 0.425 -0.050 132.2 0.439 — 4.71 82.6 0.825 0.380 0.515 0.490 7140 OKA 0.490 UNCH 277.7 0.501 9.66 7.96 120.2 1.420 0.700 0.850 0.790 5065 ORNA 0.820 0.010 261.7 0.831 4.61 3.66 61.7 0.075 0.035 0.040 0.040 7225 PA 0.040 UNCH 4484.5 0.040 16.00 — 89.8 0.690 0.421 0.620 0.600 8419 PANSAR 0.610 UNCH 10626.9 0.615 27.48 1.64 281.8 0.572 0.250 0.315 0.290 5125 PANTECH 0.300 0.005 2693.9 0.305 5.63 6.67 225.3 8.936 4.000 4.580 4.450 5183 PCHEM 4.510 0.210 7111.6 4.513 12.79 3.99 36,080.0 1.270 0.675 0.795 0.770 5271 PECCA 0.790 0.025 120.8 0.782 8.97 8.23 148.5 4.778 2.820 3.050 2.950 5436 PERSTIM 2.950 -0.050 17.7 3.025 8.93 10.17 292.9 1.530 0.600 0.880 0.825 5219 PESTECH 0.880 0.080 1114.5 0.858 8.21 — 672.6 0.145 0.060 0.075 0.070 7201 PICORP 0.075 UNCH 262.8 0.070 25.86 6.67 49.4 1.650 0.720 1.000 0.905 7095 PIE 0.970 0.070 1492.9 0.958 10.19 2.47 372.5 0.310 0.110 0.140 0.110 7163 PJBUMI 0.140 -0.020 150.1 0.114 19.44 — 11.5 3.472 2.400 2.700 2.500 7172 PMBTECH 2.620 0.020 150 2.602 18.73 0.76 549.7 5.216 2.740 3.090 2.810 8869 PMETAL 3.000 0.050 7020.7 2.976 25.60 1.67 12,114 0.530 0.360 0.490 0.485 6637 PNEPCB 0.485 -0.005 1199.8 0.488 — — 63.8 0.475 0.200 — — 8117 POLY 0.200 — — — 13.42 — 32.0 1.400 0.325 0.435 0.380 8273 PPHB 0.415 0.010 2049.3 0.415 3.31 0.60 78.3 0.738 0.210 0.250 0.240 9873 PRESTAR 0.240 -0.010 183.1 0.245 13.95 6.25 49.2 0.080 0.005 0.015 0.010 7123 PWORTH 0.015 0.005 512.5 0.012 — — 61.4 1.430 0.720 — — 7544 QUALITY 0.900 — — — — — 52.2 0.320 0.180 — — 7498 RALCO 0.220 — — — — — 10.2 0.350 0.170 0.205 0.200 7232 RESINTC 0.205 0.020 88.6 0.204 4.99 12.20 28.1 0.200 0.085 0.110 0.100 9954 RGTBHD 0.105 0.005 822.2 0.104 11.17 — 60.6 0.784 0.170 0.275 0.235 9741 ROHAS 0.255 0.005 3855.3 0.260 6.97 5.88 120.5 0.895 0.404 0.760 0.695 7803 RUBEREX 0.715 -0.005 1693.9 0.726 15.89 2.80 180.3 3.980 2.700 2.920 2.800 5134 SAB 2.800 -0.100 11 2.888 15.84 1.79 383.4 8.640 4.200 5.300 4.890 9822 SAM 5.050 0.150 168.2 5.109 7.81 3.45 682.6 0.741 0.350 0.435 0.410 5147 SAMCHEM 0.410 0.010 2654.2 0.421 4.69 7.32 111.5 0.784 0.200 0.450 0.430 7811 SAPIND 0.450 0.070 5.8 0.440 7.49 11.11 32.7 0.455 0.100 0.145 0.130 5170 SCABLE 0.135 0.005 571.9 0.135 — — 42.8 1.680 0.755 1.050 0.880 7247 SCGM 0.975 0.040 1795.7 0.995 — 1.79 188.8 3.490 0.530 1.400 1.270 9237 SCIB 1.340 0.140 760.6 1.328 38.07 — 115.1 1.280 0.480 0.660 0.615 0099 SCICOM 0.630 0.025 2328.2 0.642 10.43 7.94 223.9 9.765 5.960 7.110 6.630 4731 SCIENTX 7.000 0.500 993.9 6.949 9.36 2.86 3,611.1 0.360 0.065 0.100 0.075 7239 SCNWOLF 0.080 0.010 530.4 0.087 4.88 — 7.7 0.565 0.120 0.165 0.155 7073 SEACERA 0.160 0.005 13407 0.160 — — 77.1 0.750 0.320 — — 5163 SEB 0.365 — — — — — 29.2 0.460 0.375 0.405 0.390 5181 SIGGAS 0.405 0.010 87.2 0.396 — 1.23 75.9 0.680 0.450 — — 7115 SKBSHUT 0.450 — — — 7.23 — 18.0 1.590 0.660 0.785 0.665 7155 SKPRES 0.700 UNCH 8554.8 0.703 9.93 5.49 875.1 1.373 0.690 0.725 0.690 7248 SLP 0.715 UNCH 117.8 0.701 10.69 7.69 226.6 0.490 0.270 — — 7132 SMISCOR 0.310 — — — 14.35 — 13.9 1.220 0.330 0.410 0.360 5665 SSTEEL 0.380 0.010 318.5 0.375 — — 226.6 0.905 0.380 — — 6904 SUBUR 0.515 — — — — — 107.6 1.100 0.400 0.450 0.425 7207 SUCCESS 0.435 0.010 1071 0.437 6.13 6.21 108.6 1.805 1.207 1.530 1.440 5211 SUNWAY 1.520 0.130 7475.2 1.478 10.54 4.91 7,499.6 1.110 0.400 0.530 0.495 7235 SUPERLN 0.505 0.025 945.6 0.508 8.92 6.18 80.8 6.800 4.100 5.000 5.000 4448 TASEK 5.000 0.250 44 5.000 — — 618.1 0.235 0.030 0.040 0.035 7097 TAWIN 0.035 -0.005 1148.4 0.037 — — 12.5 0.898 0.480 0.560 0.550 5289 TECHBND 0.550 UNCH 18.9 0.556 14.29 — 126.5 0.700 0.195 0.230 0.230 8702 TEXCHEM 0.230 UNCH 13.7 0.230 — 43.48 28.5 4.320 1.950 2.760 2.420 7034 TGUAN 2.680 0.220 1246.9 2.665 6.72 2.99 498.5 1.399 0.760 0.800 0.800 7374 TIENWAH 0.800 0.020 88 0.800 — 6.88 115.8 0.680 0.460 — — 7854 TIMWELL 0.520 — — — 9.68 3.85 46.3 0.575 0.300 0.350 0.340 7285 TOMYPAK 0.350 0.015 944.6 0.343 — 0.86 147.1 3.509 1.230 1.400 1.320 5010 TONGHER 1.330 0.010 145.6 1.348 10.39 15.04 209.4 0.841 0.580 — — 7173 TOYOINK 0.660 — — — 10.53 4.55 70.6 0.800 0.530 — — 5167 TURBO 0.640 — — — 22.70 3.13 69.1 2.820 1.700 2.010 1.880 7100 UCHITEC 2.000 0.170 1030.7 1.979 11.82 7.25 902.4 0.800 0.230 0.320 0.280 7133 ULICORP 0.280 UNCH 251.9 0.293 — — 61.0 2.250 1.430 — — 7137 UMS 1.660 — — — 16.27 3.61 67.5 0.960 0.690 — — 7227 UMSNGB 0.900 — — — 17.54 3.33 72.0 1.427 0.910 1.000 1.000 7091 UNIMECH 1.000 0.005 13 1.000 6.82 4.80 158.8 0.400 0.180 0.200 0.190 4995 VERSATL 0.200 UNCH 174 0.194 — — 56.8 1.509 0.600 0.845 0.705 6963 VS 0.750 0.015 25227 0.772 7.81 4.53 1,398.0 0.810 0.365 — — 7226 WATTA 0.505 — — — 22.15 — 42.7 1.235 0.550 0.760 0.705 7231 WELLCAL 0.745 0.030 802.5 0.740 10.18 7.65 371.0 0.700 0.430 0.550 0.530 7692 WIDETEC 0.550 0.050 43.3 0.549 19.43 — 24.6 0.650 0.280 0.400 0.385 7050 WONG 0.400 UNCH 139 0.394 8.32 3.75 45.8 0.810 0.490 — — 7025 WOODLAN 0.490 — — — — — 19.6 1.200 0.750 0.800 0.800 5009 WTHORSE 0.800 0.015 1 0.800 — — 192.0 0.681 0.200 0.255 0.220 4243 WTK 0.245 0.015 1655.7 0.238 — 6.12 117.9 0.325 0.050 0.110 0.095 7245 WZSATU 0.100 0.005 1851.7 0.099 — — 51.2 0.650 0.405 — — 5048 YILAI 0.405 — — — — — 59.0 0.170 0.060 0.070 0.070 7020 YKGI 0.070 -0.005 100 0.070 7.22 — 24.5 0.315 0.150 0.170 0.160 7014 YLI 0.160 -0.070 149 0.165 — — 16.5CONSTRUCTION 0.473 0.210 0.270 0.255 5281 ADVCON 0.260 0.005 100 0.260 9.67 2.31 105.0 0.170 0.050 0.060 0.055 7145 AGES 0.060 0.005 4250 0.059 1.98 — 30.1 2.050 1.010 1.220 1.160 5293 AME 1.200 0.070 1519.6 1.190 6.60 — 512.5 0.575 0.115 0.155 0.135 7078 AZRB 0.140 UNCH 2085.9 0.144 — 6.36 83.7 0.230 0.045 0.055 0.055 5190 BENALEC 0.055 UNCH 998.1 0.055 — — 47.4 0.197 0.030 0.045 0.035 5932 BPURI 0.040 UNCH 5906.1 0.040 50.00 — 30.6 0.800 0.520 0.550 0.550 8761 BREM 0.550 UNCH 46.1 0.550 5.21 7.27 190.0 1.118 0.555 0.645 0.595 8591 CRESBLD 0.645 0.035 16.5 0.606 5.61 6.98 114.1 1.900 1.380 1.550 1.400 7528 DKLS 1.540 0.050 6 1.482 24.52 1.95 142.8 0.874 0.300 0.375 0.335 5253 ECONBHD 0.355 0.020 4684.3 0.355 7.60 1.41 474.8 1.027 0.285 0.400 0.340 8877 EKOVEST 0.375 0.010 78975 0.377 6.40 2.67 995.6 0.499 0.140 0.195 0.175 7047 FAJAR 0.195 0.020 4062.7 0.185 2.72 7.69 72.9 0.941 0.225 0.320 0.265 9261 GADANG 0.305 0.050 14051.2 0.288 5.70 3.93 222.1 4.237 2.360 2.820 2.560 5398 GAMUDA 2.650 0.050 9622.1 2.731 9.25 4.53 6,660.2 1.514 0.595 0.695 0.650 5226 GBGAQRS 0.690 0.050 1242.3 0.676 8.77 2.17 341.3 1.339 0.430 0.550 0.495 3204 GKENT 0.520 0.015 2637.4 0.524 5.15 — 292.9 0.695 0.240 0.295 0.275 5169 HOHUP 0.295 0.015 2711.5 0.288 2.21 — 121.7 1.477 0.960 1.000 0.980 6238 HSL 0.995 -0.005 34.3 0.998 9.90 2.41 579.8 2.475 1.150 1.510 1.440 3336 IJM 1.480 0.100 7871.8 1.471 12.71 2.70 5,386.1 0.290 0.010 0.020 0.015 5268 IKHMAS 0.020 0.005 2545.2 0.020 — — 11.8 0.610 0.270 0.375 0.315 8834 IREKA 0.320 -0.075 25.9 0.322 — — 59.7 1.570 0.620 0.780 0.695 4723 JAKS 0.735 0.020 61264 0.750 3.99 — 478.6 1.466 0.785 0.860 0.830 7161 KERJAYA 0.860 0.035 216.7 0.847 7.57 4.07 1,068.1 1.460 0.510 0.575 0.530 5171 KIMLUN 0.535 UNCH 1018.1 0.548 3.07 6.92 181.8 1.110 0.735 0.980 0.800 9628 LEBTECH 0.980 UNCH 5.7 0.909 — — 133.8 0.504 0.295 0.350 0.350 5129 MELATI 0.350 -0.005 3 0.350 16.59 2.86 42.0 0.830 0.420 0.550 0.490 8192 MERCURY 0.550 0.050 10 0.502 — — 22.1 0.815 0.330 0.510 0.495 7595 MGB 0.500 0.010 17 0.500 18.52 — 250.8 0.422 0.150 0.170 0.155 9571 MITRA 0.155 UNCH 263.3 0.162 — 9.68 138.9 0.250 0.065 0.065 0.065 5924 MTDACPI 0.065 -0.010 60 0.065 — — 15.1 0.555 0.145 0.225 0.195 5085 MUDAJYA 0.205 UNCH 6303.2 0.212 — — 124.1 2.904 0.735 0.855 0.755 5703 MUHIBAH 0.795 UNCH 6351.1 0.811 10.11 9.43 385.8 0.370 0.185 0.225 0.210 7071 OCR 0.225 0.010 2262 0.218 8.09 — 75.3 0.900 0.650 — — 5622 PEB 0.690 — — — — — 47.7 0.255 0.130 0.175 0.165 8311 PESONA 0.170 UNCH 969 0.169 9.94 5.88 118.1 0.425 0.110 0.180 0.155 5070 PRTASCO 0.160 0.005 2626.5 0.164 13.22 7.50 79.3 3.303 1.800 2.400 2.250 9598 PTARAS 2.400 0.150 33 2.261 7.85 8.33 398.1 0.415 0.090 0.115 0.100 6807 PUNCAK 0.105 UNCH 1825.4 0.107 — 4.76 47.2 0.555 0.140 0.170 0.160 5205 SENDAI 0.170 0.010 1496.9 0.166 9.66 — 132.8 1.810 0.750 — — 5006 STELLA 0.810 — — — — — 54.3 2.110 1.250 1.600 1.390 5263 SUNCON 1.490 0.140 591.8 1.457 14.87 4.70 1,926.4 0.285 0.180 0.200 0.185 9717 SYCAL 0.190 UNCH 107 0.190 14.39 — 79.1 0.741 0.200 0.275 0.255 5054 TRC 0.265 0.005 584.4 0.265 6.42 7.17 127.3 0.595 0.180 — — 5042 TSRCAP 0.250 — — — — — 43.6 1.350 0.360 — — 0301 UNIWALL 1.350 — — — 50.00 0.31 493.7 1.170 0.215 0.295 0.260 7070 VIZIONE 0.270 0.020 1959.1 0.277 3.41 — 167.0 0.601 0.145 0.185 0.170 3565 WCEHB 0.175 UNCH 3392.8 0.177 — — 213.3 1.220 0.245 0.375 0.340 9679 WCT 0.360 0.020 11279 0.358 5.69 — 510.5 0.700 0.225 0.340 0.310 7028 ZECON 0.325 0.025 426.9 0.326 1.66 — 46.8 0.110 0.030 0.045 0.035 2283 ZELAN 0.045 UNCH 1613.9 0.042 14.06 — 38.0HEALTH CARE 0.970 0.280 0.345 0.325 7191 ADVENTA 0.335 0.020 799.6 0.334 2.31 — 51.2 2.500 1.770 2.020 1.990 7090 AHEALTH 2.020 0.070 259.3 2.004 18.02 1.83 954.2 1.780 1.050 1.300 1.240 7148 DPHARMA 1.260 0.010 721.5 1.277 15.33 3.97 862.3 7.000 4.446 7.000 6.600 5168 HARTA 6.690 0.090 9097.6 6.791 54.79 1.11 22,623.7 5.940 4.550 5.330 4.950 5225 IHH 5.100 0.180 1553.3 5.110 96.41 0.78 44,747.4 5.430 3.517 4.840 4.630 7153 KOSSAN 4.800 0.060 5854.6 4.747 27.32 1.25 6,138.9 2.330 1.555 1.850 1.780 0002 KOTRA 1.790 -0.010 44.5 1.796 9.71 4.97 260.0 1.035 0.720 0.875 0.830 5878 KPJ 0.870 0.040 1276.9 0.865 17.37 2.30 3,864.5 2.845 0.910 1.280 1.120 7081 PHARMA 1.170 0.030 1558.1 1.199 — 13.25 305.6 0.135 0.055 0.075 0.055 0302 SMILE 0.075 0.015 462.5 0.061 22.73 1.60 75.1 1.930 1.281 1.540 1.450 7106 SUPERMX 1.500 0.030 9704.6 1.498 19.11 2.38 2,040.5 0.820 0.365 0.435 0.370 0101 TMCLIFE 0.395 UNCH 1329.4 0.407 23.65 0.51 688.0 6.690 4.172 6.270 6.040 7113 TOPGLOV 6.200 0.090 9961.2 6.176 42.18 1.21 15,889.6 0.545 0.426 — — 0301 TOPVISN 0.545 — — — 82.58 — 139.3 2.799 1.450 1.650 1.600 7178 YSPSAH 1.610 0.030 71.6 1.613 9.74 4.35 224.9FINANCIAL SERVICES 3.971 1.480 1.810 1.690 2488 ABMB 1.780 0.070 6247.8 1.777 6.26 7.98 2,755.6 16.851 7.700 8.520 8.000 5139 AEONCR 8.200 0.220 473.4 8.314 7.66 5.44 2,079.7 2.240 1.250 1.470 1.390 5185 AFFIN 1.410 UNCH 371.3 1.416 5.73 3.55 2,800.3 16.313 11.400 13.380 12.400 1163 ALLIANZ 12.700 -0.080 55 12.821 6.23 4.02 2,246.5

4.354 2.820 3.050 2.900 1015 AMBANK 2.930 0.020 5659.1 2.955 5.68 7.17 8,831.6 1.039 0.640 0.710 0.640 5088 APEX 0.710 -0.020 35.9 0.707 23.83 2.82 151.6 4.581 2.790 2.950 2.850 5258 BIMB 2.880 0.060 474.2 2.917 6.44 5.56 5,162.9 6.872 4.320 4.760 4.550 1818 BURSA 4.600 0.080 1307.9 4.682 20.05 4.52 3,719.1 5.238 3.090 3.700 3.380 1023 CIMB 3.520 0.080 30254 3.570 7.49 7.39 34,928.9 0.320 0.140 0.270 0.215 2143 ECM 0.240 -0.005 82.6 0.251 — — 115.2 1.728 1.090 1.250 1.130 5228 ELKDESA 1.130 UNCH 91.3 1.167 9.10 5.97 335.8 19.882 11.700 15.100 14.000 5819 HLBANK 14.200 UNCH 1803.5 14.470 10.92 3.52 30,781.6 10.100 7.327 — — 5274 HLCAP 9.380 — — — 31.19 2.35 2,315.9 18.963 9.750 13.980 12.960 1082 HLFG 13.440 0.440 168.1 13.472 7.96 3.13 15,422.6 0.910 0.350 0.490 0.430 3379 INSAS 0.485 0.060 4734.6 0.464 3.37 7.22 336.3 0.115 0.030 0.045 0.040 3441 JOHAN 0.040 UNCH 701.5 0.040 — — 24.9 0.620 0.355 0.410 0.385 6483 KENANGA 0.385 UNCH 435.8 0.394 10.21 8.44 278.3 2.125 0.880 0.980 0.920 2186 KUCHAI 0.940 0.020 61.7 0.955 19.34 1.49 116.3 15.536 9.900 11.180 10.800 8621 LPI 11.100 0.520 911.8 10.997 13.72 6.31 4,422.0 1.003 0.530 0.595 0.530 1198 MAA 0.595 0.015 133.1 0.572 — 15.13 162.6 2.850 1.700 — — 1058 MANULFE 1.760 — — — 13.63 3.98 356.2 8.819 7.000 7.460 7.200 1155 MAYBANK 7.300 UNCH 14451 7.364 9.95 7.81 82,061.9 0.964 0.460 0.560 0.510 1171 MBSB 0.525 0.005 7301.3 0.539 4.75 9.52 3,524.5 1.159 0.465 0.530 0.500 6459 MNRB 0.510 0.005 1762.6 0.510 2.56 4.90 399.4 1.190 0.490 0.600 0.550 5237 MPHBCAP 0.560 -0.005 147.5 0.571 11.69 — 400.4 0.944 0.800 0.875 0.855 6009 P&O 0.865 -0.010 239.4 0.865 — 5.16 248.3 22.894 12.580 16.360 15.320 1295 PBBANK 15.720 0.480 8307.5 15.972 11.08 4.64 61,027.2 1.840 1.220 1.540 1.420 9296 RCECAP 1.470 0.010 480.5 1.478 4.79 6.80 548.2 5.980 4.230 5.070 4.850 1066 RHBBANK 4.900 -0.100 4085.1 4.934 7.92 5.20 19,649.2 0.665 0.335 0.390 0.370 4898 TA 0.380 0.010 1331.5 0.381 4.44 2.63 650.5 6.936 2.930 3.610 3.340 6139 TAKAFUL 3.550 0.240 1501.9 3.474 8.04 5.63 2,935.1 0.765 0.200 0.270 0.240 5230 TUNEPRO 0.245 UNCH 5509 0.256 3.64 12.24 184.2PROPERTY 0.335 0.170 0.180 0.170 7131 ACME 0.180 -0.005 10 0.177 5.81 — 44.8 0.549 0.260 0.300 0.295 1007 AMPROP 0.295 0.005 5.5 0.296 8.73 10.17 216.3 1.280 0.990 — — 5959 AMVERTON 1.200 — — — 85.71 — 438.1 0.400 0.115 0.125 0.125 7007 ARK 0.125 -0.050 8.2 0.125 — — 7.9 0.170 0.055 0.090 0.070 4057 ASIAPAC 0.085 0.005 2632.1 0.080 2.04 — 88.2 6.210 3.800 5.200 5.030 2305 AYER 5.160 -0.040 5.9 5.165 29.02 0.97 386.2 0.395 0.190 0.320 0.250 6602 BCB 0.280 0.030 55.3 0.301 2.36 — 115.5 0.455 0.190 0.250 0.230 6173 BDB 0.230 UNCH 171.3 0.233 13.77 — 69.9 0.285 0.110 — — 9814 BERTAM 0.180 — — — — — 37.2 0.320 0.245 0.290 0.285 3239 BJASSET 0.290 0.005 350 0.289 — — 741.9 1.580 0.800 — — 5738 CHHB 1.050 — — — — — 289.5 1.369 0.770 0.810 0.800 6718 CRESNDO 0.800 0.030 38.3 0.802 6.97 7.50 224.4 1.523 0.920 1.050 0.950 5049 CVIEW 1.050 0.100 21.2 0.977 4.22 2.86 105.0 0.555 0.150 0.200 0.185 3484 DBHD 0.195 0.005 1111.8 0.194 2.59 — 62.1 0.095 0.035 0.045 0.040 7198 DPS 0.045 UNCH 4141.2 0.040 2.14 — 26.4 0.885 0.300 0.365 0.335 3417 E&O 0.340 0.005 1910.5 0.352 9.58 8.82 495.4 0.390 0.290 0.350 0.330 3557 ECOFIRS 0.330 -0.030 494.5 0.338 11.19 — 266.8 0.970 0.295 0.370 0.325 8206 ECOWLD 0.345 0.005 7139.7 0.350 4.99 — 1,015.8 0.400 0.205 — — 6076 ENCORP 0.280 — — — — — 85.8 1.520 0.882 — — 8613 ENRA 1.200 — — — — 2.50 163.4 0.747 0.380 — — 6815 EUPE 0.430 — — — 1.44 3.49 55.0 0.735 0.185 0.215 0.190 7249 EWEIN 0.200 UNCH 1719.1 0.203 1.43 2.50 60.3 1.140 0.310 0.420 0.350 5283 EWINT 0.390 0.015 4048.3 0.396 5.01 — 936.0 0.375 0.180 0.200 0.190 6041 FARLIM 0.190 -0.015 23 0.191 — — 32.0 0.384 0.240 0.290 0.275 5020 GLOMAC 0.275 -0.010 28 0.281 9.89 2.91 220.0 0.350 0.170 0.250 0.250 9962 GMUTUAL 0.250 0.005 1 0.250 8.20 2.00 93.9 0.290 0.135 0.170 0.160 1147 GOB 0.170 0.010 787 0.166 — — 77.3 0.776 0.370 0.470 0.415 1503 GUOCO 0.425 -0.025 177.5 0.418 — 4.71 297.7 1.300 1.190 1.240 1.220 7105 HCK 1.230 0.010 502.8 1.223 75.00 — 521.5 0.640 0.345 0.430 0.345 7010 HOOVER 0.345 -0.055 49.4 0.348 — — 13.8 0.465 0.145 0.195 0.180 5062 HUAYANG 0.180 -0.005 754 0.184 — — 63.4 0.387 0.095 0.130 0.120 4251 IBHD 0.125 0.005 2191.7 0.126 5.17 14.00 139.6 0.720 0.360 — — 5084 IBRACO 0.515 — — — 7.47 3.40 255.6 1.900 0.983 1.070 0.990 9687 IDEAL 1.000 -0.030 313.2 1.002 4.78 — 465.0 4.060 2.400 2.600 2.550 5606 IGBB 2.550 UNCH 41.3 2.586 8.35 0.39 2,265.7 1.393 0.825 0.900 0.865 5249 IOIPG 0.895 0.030 2687.8 0.885 7.34 3.35 4,928.0 0.220 0.125 0.135 0.125 5175 IVORY 0.130 -0.010 3179 0.129 16.46 19.23 63.7 1.313 0.275 0.370 0.320 1589 IWCITY 0.365 0.030 17068 0.354 — — 305.6 0.380 0.285 0.320 0.310 8923 JIANKUN 0.310 UNCH 90 0.317 12.02 — 51.7 0.090 0.045 0.055 0.055 6769 JKGLAND 0.055 UNCH 2477.9 0.055 10.78 1.82 125.1 0.669 0.350 — — 7323 KEN 0.400 — — — 31.75 3.75 76.7 1.100 0.400 0.510 0.400 7077 KPPROP 0.450 0.010 183.1 0.487 7.61 — 90.1 0.940 0.405 0.435 0.405 5038 KSL 0.415 UNCH 944 0.423 1.71 — 430.6 0.154 0.050 0.070 0.065 3174 L&G 0.070 0.005 3782.9 0.068 5.98 14.29 208.1 0.784 0.345 — — 8494 LBICAP 0.370 — — — 5.29 13.51 37.6 0.626 0.310 0.400 0.365 5789 LBS 0.375 0.025 2645.9 0.381 6.08 4.80 587.7 0.300 0.175 0.210 0.195 3573 LIENHOE 0.195 -0.030 158 0.200 — — 70.5 1.250 0.720 — — 7617 MAGNA 0.845 — — — — — 283.0 0.921 0.305 0.375 0.335 8583 MAHSING 0.360 0.015 10225 0.358 8.02 12.50 874.0 0.674 0.235 0.340 0.300 6181 MALTON 0.320 UNCH 1421.6 0.323 5.76 4.69 169.0 1.960 1.240 1.600 1.520 5236 MATRIX 1.600 0.110 1527.1 1.581 5.21 7.50 1,334.7 1.697 1.130 1.300 1.130 7189 MBWORLD 1.280 -0.060 9 1.239 3.69 6.33 201.4 0.590 0.070 0.095 0.080 5182 MCT 0.085 0.005 17720 0.088 2.92 — 123.8 0.400 0.200 0.280 0.270 1694 MENANG 0.270 0.015 4.2 0.272 — — 129.8 0.350 0.040 0.060 0.050 5040 MERIDIAN 0.060 0.005 1319 0.055 — — 35.3 0.415 0.180 0.330 0.265 8141 MJPERAK 0.270 UNCH 86.5 0.273 — — 76.3 1.860 0.810 0.925 0.850 6114 MKH 0.875 0.015 363.1 0.891 6.13 4.57 513.2 0.200 0.050 0.080 0.070 8893 MKLAND 0.075 0.005 3150.1 0.075 18.29 — 90.5 0.165 0.055 0.070 0.055 6548 MPCORP 0.070 0.010 200.7 0.055 — — 20.1 1.125 0.280 0.380 0.330 1651 MRCB 0.345 0.010 14820 0.362 63.89 2.90 1,522.2 0.540 0.240 — — 9539 MUH 0.310 — — — — — 17.5 0.255 0.145 0.200 0.185 3913 MUIPROP 0.200 UNCH 5020.9 0.194 9.66 — 152.8 1.410 0.335 0.445 0.380 5073 NAIM 0.410 0.020 14130.3 0.419 3.64 — 210.7 2.150 1.580 1.700 1.580 5827 OIB 1.650 UNCH 12.4 1.602 5.78 4.85 255.5 1.050 0.640 0.720 0.680 5053 OSK 0.690 0.015 528.6 0.696 3.48 7.25 1,445.8 1.277 0.630 0.690 0.645 1724 PARAMON 0.675 0.020 1369.6 0.671 4.72 9.32 414.7 0.420 0.150 0.165 0.160 6912 PASDEC 0.165 -0.010 125 0.163 — — 66.1 1.080 0.750 — — 3611 PGLOBE 0.775 — — — 67.98 — 144.7 0.015 0.005 0.005 0.005 4464 PHB 0.005 UNCH 1571.3 0.005 — — 50.0 1.600 0.980 1.260 1.160 7055 PLB 1.260 0.040 17.2 1.203 16.58 — 141.6 1.493 0.735 0.805 0.780 5075 PLENITU 0.795 0.025 61.9 0.791 9.65 5.66 303.3 6.170 5.300 6.120 5.950 7765 RAPID 6.010 -0.150 482.7 6.011 130.0 — 642.4 0.720 0.345 0.380 0.350 4596 SAPRES 0.350 -0.015 54.4 0.366 — — 48.9 0.498 0.180 0.270 0.230 5207 SBCCORP 0.270 0.020 248.4 0.244 3.84 3.70 69.7 0.695 0.325 0.355 0.350 2224 SDRED 0.355 0.005 33.9 0.351 6.71 5.63 151.3 0.370 0.120 0.220 0.190 4286 SEAL 0.190 -0.030 27 0.194 5.67 — 46.2 2.810 1.750 1.900 1.900 6017 SHL 1.900 UNCH 14 1.900 10.47 7.89 460.0 1.166 0.475 0.550 0.505 5288 SIMEPROP 0.530 0.030 3865.4 0.530 6.02 7.55 3,604.4 0.190 0.070 0.080 0.075 4375 SMI 0.080 UNCH 265.1 0.078 — — 16.8 0.410 0.090 0.125 0.120 5213 SNTORIA 0.125 0.005 82.8 0.124 — — 70.9 2.288 0.550 0.640 0.590 8664 SPSETIA 0.625 0.050 7664.6 0.612 8.26 1.60 2,526.6 0.920 0.370 0.460 0.400 3743 SUNSURIA 0.400 -0.040 478.7 0.413 2.38 — 358.4 0.465 0.250 0.295 0.270 1538 SYMLIFE 0.285 0.025 3164.7 0.289 1.42 3.51 171.2 0.330 0.120 0.160 0.150 4022 TADMAX 0.150 0.005 631 0.154 4.70 — 117.6 0.275 0.180 0.205 0.195 5158 TAGB 0.200 UNCH 5511.3 0.200 9.22 8.00 1,064.3 0.055 0.015 0.020 0.015 2259 TALAMT 0.015 UNCH 9414 0.015 2.50 — 64.4 0.783 0.360 0.440 0.420 5191 TAMBUN 0.420 -0.005 633.2 0.423 3.74 5.83 182.1 0.080 0.020 0.025 0.025 2429 TANCO 0.025 UNCH 5 0.025 — — 20.8 0.480 0.140 0.175 0.155 7889 THRIVEN 0.155 UNCH 1923.4 0.163 4.77 — 84.8 0.135 0.030 0.055 0.045 7079 TIGER 0.050 UNCH 6699 0.050 — — 73.2 0.320 0.240 0.260 0.250 5239 TITIJYA 0.255 UNCH 609.8 0.255 20.56 0.59 344.7 0.940 0.720 0.830 0.795 5401 TROP 0.810 0.010 1269.6 0.807 3.50 3.33 1,191.0 1.020 0.275 0.345 0.305 5148 UEMS 0.320 0.010 4289.5 0.328 6.49 — 1,452.0 2.350 1.380 1.480 1.420 5200 UOADEV 1.450 0.040 1479.4 1.447 6.89 9.66 2,852.4 0.150 0.035 0.055 0.040 6378 WMG 0.040 -0.010 60 0.051 — — 17.0 0.995 0.650 — — 7003 Y&G 0.700 — — — 35.35 — 152.9 2.800 1.110 2.700 2.590 3158 YNHPROP 2.700 -0.040 179 2.667 34.05 — 1,428.3 0.415 0.035 0.050 0.040 7066 YONGTAI 0.045 -0.005 4111.9 0.045 — — 42.9TRANSPORTATION & LOGISTICS 8.837 3.920 4.600 4.430 5014 AIRPORT 4.500 0.210 5468.6 4.517 15.57 3.11 7,466.4 1.400 0.750 0.875 0.760 8133 BHIC 0.845 -0.025 11.4 0.846 — 4.14 209.9 4.980 3.270 3.850 3.850 5032 BIPORT 3.850 0.340 1.2 3.850 13.70 3.64 1,771.0 0.365 0.235 0.280 0.270 7187 CHGP 0.270 -0.010 30 0.273 29.03 — 80.3 0.470 0.205 0.240 0.230 7117 CJCEN 0.235 0.005 329.5 0.234 — 3.19 92.6 0.930 0.390 0.515 0.430 5136 COMPLET 0.475 -0.035 51.8 0.468 7.18 — 60.3 0.525 0.200 0.280 0.245 5259 EATECH 0.250 UNCH 681.8 0.259 3.46 — 132.6 0.660 0.380 0.405 0.395 7210 FREIGHT 0.395 0.010 185.2 0.401 8.62 8.86 110.3 0.370 0.115 0.155 0.140 0078 GDEX 0.145 0.010 6879.6 0.145 31.52 1.72 818.0 0.655 0.255 0.315 0.285 7676 GUNUNG 0.295 0.005 2551.7 0.300 — — 71.0 0.738 0.420 0.470 0.450 2062 HARBOUR 0.470 UNCH 78 0.465 7.32 3.72 188.2 0.065 0.030 0.040 0.035 7013 HUBLINE 0.040 UNCH 21855 0.040 22.22 — 152.8 0.480 0.220 0.300 0.300 5614 ILB 0.300 0.030 14.9 0.300 3.40 — 58.5 4.765 3.300 3.740 3.650 6645 LITRAK 3.700 0.140 12.3 3.702 7.35 6.76 1,966.0 0.110 0.040 0.055 0.050 5078 M&G 0.055 UNCH 80 0.052 — — 39.8 0.785 0.180 0.235 0.215 5077 MAYBULK 0.220 -0.005 1639.8 0.225 — — 220.0 9.239 6.090 7.720 7.470 3816 MISC 7.550 -0.050 5230.6 7.564 23.59 3.97 33,701.6 1.250 0.450 0.550 0.505 2194 MMCCORP 0.550 0.060 5525.9 0.532 6.55 7.27 1,674.8 0.360 0.040 — — 9806 NATWIDE 0.070 — — — — — 8.6 0.045 0.010 0.015 0.010 6254 PDZ 0.015 UNCH 1475 0.015 — — 10.2 1.953 0.520 0.710 0.600 4634 POS 0.650 0.010 4494.4 0.671 — 6.15 508.8 0.595 0.090 0.100 0.100 8346 PRKCORP 0.100 -0.010 4 0.100 0.41 — 10.0 0.740 0.125 0.200 0.165 5145 SEALINK 0.170 0.010 7249.6 0.181 — — 85.0 1.000 0.795 — — 7053 SEEHUP 0.840 — — — — 3.75 67.6 1.420 0.820 0.925 0.860 6521 SURIA 0.880 0.020 211 0.865 5.83 2.84 304.3 0.330 0.115 0.145 0.130 5173 SYSCORP 0.135 -0.005 187.1 0.135 — — 162.0 0.460 0.140 0.175 0.155 5149 TAS 0.165 UNCH 691 0.167 22.60 — 29.7 1.692 0.650 0.770 0.720 5140 TASCO 0.720 -0.050 49 0.734 12.63 6.94 144.0 0.610 0.260 0.400 0.340 8397 TNLOGIS 0.370 UNCH 1545.1 0.357 — — 170.5 0.655 0.430 0.500 0.455 7218 TOCEAN 0.455 -0.045 14.2 0.499 — — 18.7 4.457 2.970 3.300 3.150 5246 WPRTS 3.200 0.080 3362.8 3.209 18.47 4.06 10,912.0 0.832 0.243 0.415 0.380 5267 XINHWA 0.395 0.005 1051.5 0.402 24.53 — 85.3PLANTATION 0.235 0.050 0.075 0.065 7054 AASIA 0.070 0.005 1566.4 0.070 — — 46.2 17.300 11.000 12.520 11.600 1899 BKAWAN 11.800 0.260 60.4 11.838 14.13 5.08 5,235.3 7.000 5.060 5.060 5.060 5069 BLDPLNT 5.060 -0.440 0.2 5.060 — — 473.1 0.824 0.200 0.255 0.230 5254 BPLANT 0.240 0.005 3452.7 0.246 — 22.92 537.6 0.740 0.285 0.335 0.315 8982 CEPAT 0.315 0.010 165 0.321 210.0 4.76 100.3 7.068 4.900 5.010 4.980 1929 CHINTEK 5.000 0.090 3 5.002 14.90 3.20 456.8 0.499 0.275 0.325 0.300 3948 DUTALND 0.310 0.005 176 0.315 — — 262.3 2.827 2.200 — — 5029 FAREAST 2.200 — — — 16.30 1.36 1,306.4

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

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

Page 22: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

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THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY

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

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

1.590 0.715 0.890 0.820 5222 FGV 0.830 0.005 13666 0.856 — — 3,028.0 11.140 7.990 9.630 8.730 2291 GENP 9.150 UNCH 488.2 9.158 55.15 1.28 8,210.8 0.520 0.300 0.385 0.310 7382 GLBHD 0.310 0.010 166.2 0.362 — — 69.1 0.714 0.530 — — 2135 GOPENG 0.680 — — — 62.39 3.68 182.9 0.800 0.330 — — 7501 HARNLEN 0.400 — — — — — 74.2 2.113 1.250 1.350 1.320 5138 HSPLANT 1.330 -0.020 63.6 1.337 33.84 1.88 1,064.0 2.480 1.010 1.300 1.190 2216 IJMPLNT 1.240 0.110 197.2 1.240 41.06 1.61 1,091.9 0.645 0.500 0.565 0.500 2607 INCKEN 0.500 -0.075 59.1 0.512 — 2.12 210.4 0.995 0.400 — — 6262 INNO 0.410 — — — 14.39 2.44 196.3 4.774 3.410 3.800 3.690 1961 IOICORP 3.750 0.090 1505.8 3.746 35.99 2.27 23,568.9 1.120 0.270 0.360 0.305 4383 JTIASA 0.330 0.005 5434.7 0.340 — — 321.3 25.204 17.400 20.660 18.220 2445 KLK 20.660 1.960 386.8 19.822 41.21 2.42 22,333.8 3.650 2.620 — — 2453 KLUANG 2.690 — — — — 0.37 169.9 1.640 0.895 1.050 0.970 5027 KMLOONG 0.970 0.010 189.9 1.003 21.60 6.19 907.4 0.475 0.290 0.305 0.290 1996 KRETAM 0.300 0.005 543.3 0.298 — — 698.3 0.900 0.460 — — 6572 KWANTAS 0.590 — — — — — 183.9 0.880 0.480 — — 4936 MALPAC 0.480 — — — 800 20.83 36.0 0.770 0.270 0.320 0.300 5026 MHC 0.305 -0.015 126.7 0.311 23.64 4.92 59.9 2.000 1.680 — — 5047 NPC 1.920 — — — — — 230.4 3.650 2.230 2.400 2.230 2038 NSOP 2.400 -0.200 5.1 2.271 — 2.08 168.5 0.545 0.140 0.180 0.160 1902 PINEPAC 0.180 0.010 104.9 0.172 0.34 — 27.0 1.310 0.350 0.480 0.470 9695 PLS 0.470 -0.030 15 0.475 — — 164.8 0.465 0.115 0.155 0.135 5113 RSAWIT 0.145 0.005 10814 0.146 — — 205.7 3.039 2.250 — — 2542 RVIEW 2.250 — — — 69.02 1.33 145.9 3.128 2.350 — — 2569 SBAGAN 2.600 — — — 89.66 0.77 172.5 0.440 0.205 0.350 0.320 4316 SHCHAN 0.350 -0.020 6 0.335 15.09 — 46.2 5.630 3.820 4.750 4.570 5285 SIMEPLT 4.700 0.050 6659.7 4.659 361.5 0.21 32,357 4.220 1.900 2.190 2.070 5126 SOP 2.140 0.090 92.8 2.110 13.61 2.34 1,221.8 2.110 1.300 1.410 1.370 5135 SWKPLNT 1.400 0.010 134.6 1.388 18.67 3.57 392.0 3.484 1.810 2.120 2.030 5012 TAANN 2.040 0.010 92.9 2.066 21.41 4.90 907.5 0.445 0.110 0.155 0.135 2054 TDM 0.145 0.005 7207.8 0.146 — — 244.0 0.685 0.185 0.260 0.220 5112 THPLANT 0.240 0.015 895.2 0.234 — — 212.1 1.590 0.560 0.655 0.610 9059 TSH 0.645 0.040 2120.6 0.642 20.22 1.55 891.3 5.429 4.010 4.060 4.050 2593 UMCCA 4.050 0.040 1 4.057 12.99 1.98 849.6 27.000 23.000 24.540 24.280 2089 UTDPLT 24.400 0.280 44.2 24.361 17.89 1.64 5,078.5TELECOMMUNICATIONS & MEDIA 0.170 0.040 — — 0159 AMEDIA 0.060 — — — — — 14.4 0.680 0.470 0.480 0.470 7031 AMTEL 0.480 0.010 421.3 0.478 5.20 — 26.0 1.565 0.705 0.900 0.790 6399 ASTRO 0.830 -0.005 4625.2 0.850 6.82 9.04 4,328.0 5.219 3.010 3.540 3.370 6888 AXIATA 3.430 0.160 9386.7 3.436 23.02 2.77 31,433.0 0.270 0.075 — — 6025 BJMEDIA 0.105 — — — — — 24.7 4.936 3.820 4.250 4.070 6947 DIGI 4.150 0.150 3204.3 4.146 22.52 4.39 32,266 0.310 0.075 0.100 0.100 0059 ECOHLDS 0.100 0.005 116.6 0.100 12.20 — 31.4 0.935 0.305 0.485 0.440 0082 GPACKET 0.470 0.015 1782.2 0.471 — — 439.9 5.645 4.590 5.370 5.170 6012 MAXIS 5.340 0.170 2267.6 5.312 27.53 3.75 41,761.5 0.530 0.110 0.130 0.125 4502 MEDIA 0.130 0.005 13680.4 0.130 — — 144.2 0.255 0.120 0.180 0.160 5090 MEDIAC 0.165 UNCH 11002 0.172 — 6.61 278.4 0.665 0.345 0.430 0.385 0172 OCK 0.400 0.020 3240.3 0.402 12.78 — 383.4 0.370 0.230 0.270 0.270 7190 PPG 0.270 UNCH 0.8 0.270 — 3.70 27.0 0.250 0.085 0.105 0.090 5252 SASBADI 0.095 -0.005 1121.8 0.097 13.57 — 39.8 0.580 0.450 — — 9431 SJC 0.540 — — — — — 21.9 0.780 0.225 0.265 0.245 6084 STAR 0.260 0.025 2329.8 0.256 33.77 7.69 192.0 9.670 8.219 9.260 8.860 5031 TIMECOM 9.000 0.080 1193.3 9.060 16.75 1.11 5,269.8 4.532 2.518 3.580 3.410 4863 TM 3.410 -0.090 2456.3 3.510 20.30 2.93 12,841.3TECHNOLOGY 0.680 0.470 0.480 0.470 7031 AMTEL 0.480 0.010 421.3 0.478 5.20 — 26.0 0.160 0.035 0.090 0.075 5195 CENSOF 0.090 UNCH 3536.2 0.085 — — 45.2 0.250 0.045 0.060 0.055 0051 CUSCAPI 0.055 UNCH 2286.9 0.058 — — 47.3 0.925 0.430 0.510 0.430 7204 D&O 0.450 -0.025 4490.9 0.469 15.15 2.22 506.6 0.280 0.060 0.090 0.070 8338 DATAPRP 0.075 -0.005 1455.8 0.080 — — 34.8 0.060 0.015 0.025 0.020 0029 DIGISTA 0.020 UNCH 712.1 0.020 — — 13.2 0.310 0.070 0.115 0.100 4456 DNEX 0.105 0.005 24604.4 0.109 6.14 4.76 184.6 1.673 0.418 0.745 0.655 5216 DSONIC 0.735 0.110 64725.7 0.700 16.63 4.08 992.3 0.605 0.115 0.210 0.200 5036 EDARAN 0.200 0.005 141.5 0.202 — — 12.0 0.732 0.230 0.295 0.275 0065 EFORCE 0.280 UNCH 3405 0.289 21.54 4.93 172.3 1.061 0.380 0.475 0.425 0090 ELSOFT 0.430 0.005 3754.4 0.445 16.23 6.98 287.9 2.647 0.922 1.720 1.460 0128 FRONTKN 1.650 0.150 21806.3 1.651 24.96 1.52 1,738.2 0.100 0.030 0.080 0.065 9377 FSBM 0.070 UNCH 158 0.069 — — 9.9 1.800 1.040 1.510 1.410 0021 GHLSYS 1.490 0.110 3210.3 1.490 38.50 — 1,116.3 0.935 0.305 0.485 0.440 0082 GPACKET 0.470 0.015 1782.2 0.471 — — 439.9 0.300 0.165 0.215 0.205 0056 GRANFLO 0.215 0.030 401.6 0.209 35.83 2.33 107.0 2.439 1.290 1.600 1.400 7022 GTRONIC 1.430 -0.060 5302.1 1.481 21.41 2.10 957.3 1.440 0.450 0.525 0.465 5028 HTPADU 0.515 0.040 5054.6 0.502 7.34 — 52.1 2.049 0.900 1.210 1.050 0166 INARI 1.130 0.010 21092.7 1.136 22.29 3.89 3,660.4 0.308 0.150 0.175 0.160 0192 INTA 0.170 UNCH 751.2 0.170 4.05 5.88 91.0 0.130 0.030 0.040 0.040 9393 ITRONIC 0.040 0.010 50 0.040 — — 5.3 0.365 0.130 0.215 0.160 5161 JCY 0.200 0.040 20145.5 0.188 — 2.50 417.4 12.000 5.000 6.350 5.610 9334 KESM 6.080 0.210 195 6.146 27.47 1.48 261.5 0.150 0.020 0.030 0.030 0143 KEYASIC 0.030 UNCH 2412.1 0.030 — — 28.5 0.405 0.310 — — 0302 MCOM 0.405 — — — 126.5 — 76.4 3.077 0.949 1.820 1.510 5286 MI 1.720 0.140 22085.5 1.733 21.74 2.91 1,290.0 0.912 0.325 0.440 0.400 0113 MMSV 0.415 0.005 794.3 0.422 10.89 4.82 84.6 12.960 7.390 9.500 8.830 3867 MPI 8.830 -0.150 336.4 9.035 13.04 3.62 1,853.3 1.620 0.550 0.725 0.650 5011 MSNIAGA 0.650 -0.050 17.1 0.669 — — 39.3 1.725 0.765 0.975 0.865 0138 MYEG 0.930 0.045 79466.5 0.932 13.10 2.04 3,353.9 0.243 0.040 0.060 0.050 0041 MYSCM 0.050 UNCH 627.3 0.055 — — 15.9 1.380 0.410 0.640 0.545 0083 NOTION 0.610 0.035 42978.4 0.616 8.56 1.64 205.4 0.715 0.320 0.460 0.390 9008 OMESTI 0.430 0.005 8142.9 0.434 8.10 — 228.3 5.580 2.370 3.300 2.840 7160 PENTA 3.180 0.350 10954.3 3.122 18.19 — 1,510.1 0.650 0.100 0.150 0.125 5204 PRESBHD 0.140 0.005 14981 0.137 — — 67.8 0.580 0.160 0.215 0.190 9075 THETA 0.210 0.030 204.2 0.207 123.5 — 22.5 0.025 0.005 0.010 0.005 0118 TRIVE 0.010 UNCH 5607.5 0.006 — — 25.5 0.165 0.060 0.060 0.060 4359 TURIYA 0.060 -0.010 23 0.060 — — 13.7 2.905 1.600 1.800 1.600 5005 UNISEM 1.620 -0.090 862.7 1.669 — 5.56 1,188.8 3.390 0.726 1.850 1.480 5292 UWC 1.710 0.140 56097.5 1.713 27.23 1.17 940.8 9.570 6.090 7.070 6.930 0097 VITROX 7.060 0.230 207.1 6.993 41.73 0.78 3,325.5 1.670 0.700 0.915 0.805 5162 VSTECS 0.875 0.030 521.9 0.886 5.30 6.29 157.5 0.645 0.300 0.370 0.340 0008 WILLOW 0.355 UNCH 447.8 0.361 11.60 2.82 176.1UTILITIES 0.375 0.090 0.135 0.115 7471 EDEN 0.130 0.010 14292.4 0.126 9.03 — 52.4 2.855 2.300 2.460 2.460 5209 GASMSIA 2.460 UNCH 176.6 2.460 16.62 3.90 3,158.6 0.915 0.645 0.760 0.705 5264 MALAKOF 0.750 0.050 3467.5 0.734 1.53 8.73 3,750.0 5.600 3.100 4.150 3.830 3069 MFCB 4.000 0.330 2969.4 4.016 10.44 1.00 1,816.2 1.158 0.725 0.800 0.780 5041 PBA 0.780 UNCH 79.3 0.790 10.26 3.37 258.4 17.652 13.360 15.440 15.020 6033 PETGAS 15.240 0.340 797.7 15.268 15.58 4.72 30,155.9 1.400 0.820 0.900 0.875 5272 RANHILL 0.900 0.020 444.9 0.892 11.83 5.56 965.6 0.298 0.100 0.120 0.105 8567 SALCON 0.115 UNCH 4840.2 0.114 — — 97.4 0.955 0.635 0.675 0.645 8524 TALIWRK 0.665 0.020 350.8 0.656 17.55 7.89 1,340.5 14.000 10.800 12.220 12.020 5347 TENAGA 12.100 0.280 4516.9 12.131 15.19 4.13 68,811.4 1.197 0.600 0.725 0.685 4677 YTL 0.705 0.045 4011.1 0.707 71.94 5.67 7,771.0 0.853 0.480 0.575 0.550 6742 YTLPOWR 0.565 0.035 5464.8 0.561 10.39 8.85 4,609.4CLOSED-END FUNDS 2.470 1.850 2.000 1.950 5108 ICAP 1.960 0.010 44.4 1.967 72.59 — 274.4EXCHANGE TRADED FUNDS 1.340 1.177 1.330 1.330 0800EA ABFMY1 1.330 -0.010 3.7 1.330 — 1.20 1,719.6 6.460 5.160 — — 0829EA CHINAETF-MYR 5.530 — — — — — 8.5 1.345 1.345 — — 0829EB CHINAETF-USD 1.345 — — — — — 0.9 4.070 3.020 3.590 3.530 0831EA FANG-1XI 3.530 -0.060 4 3.565 — — 1.9 6.470 2.660 3.310 3.270 0830EA FANG-2XL 3.270 UNCH 11 3.289 — — 0.7 1.790 1.350 1.360 1.360 0820EA FBMKLCI-EA 1.360 UNCH 0.5 1.360 — 2.43 2.3 2.370 1.840 — — 0833EA HSCEI-1XI 2.370 — — — — — 1.5 2.260 1.250 1.450 1.440 0832EA HSCEI-2XL 1.440 UNCH 31 1.450 — — 0.4 2.670 2.005 — — 0835EA KLCI1XI 2.490 — — — — — 2.5 2.000 1.260 1.360 1.360 0834EA KLCI2XL 1.360 UNCH 1 1.360 — — 1.4 1.045 0.940 — — 0826EA METFAPA 0.945 — — — — — 17.0 1.000 0.455 — — 0825EA METFSID 0.455 — — — — 4.77 28.2 1.410 1.040 — — 0827EA METFUS50 1.070 — — — — — 9.4 1.150 0.900 — — 0821EA MYETFDJ 0.920 — — — — 1.97 239.1 1.180 0.880 0.910 0.880 0824EA MYETFID 0.880 -0.070 41 0.895 — 3.36 27.1 1.950 1.365 — — 0822EA PAM-A40M 1.365 — — — — 5.02 3.7 1.690 1.300 1.335 1.330 0823EA PAM-C50 1.330 UNCH 8 1.333 — — 9.5REAL ESTATE INVESTMENT TRUSTS 0.789 0.580 0.660 0.640 4952 AHP 0.660 0.020 24 0.656 11.36 8.71 145.2 1.592 1.164 1.370 1.360 5116 ALAQAR 1.360 0.010 151.8 1.360 13.14 5.04 1,000.9 0.873 0.585 0.715 0.700 5269 ALSREIT 0.715 0.055 104.4 0.702 11.48 6.18 414.7 0.505 0.320 0.380 0.365 5120 AMFIRST 0.365 0.005 1629.3 0.372 12.33 10.74 250.5 0.797 0.500 0.630 0.590 5127 ARREIT 0.610 0.035 369.7 0.614 26.41 10.16 349.7 1.171 0.805 0.910 0.880 5130 ATRIUM 0.880 0.020 212 0.888 26.99 7.44 180.1 2.010 1.597 1.850 1.790 5106 AXREIT 1.830 0.010 2889.5 1.821 14.20 4.03 2,639.5 1.071 0.735 0.835 0.825 5180 CMMT 0.830 0.005 604 0.830 23.38 7.53 1,706.0 1.070 0.550 0.680 0.635 5121 HEKTAR 0.655 0.010 599.8 0.658 26.41 11.86 302.6 2.035 1.430 1.660 1.590 5227 IGBREIT 1.640 0.050 5195 1.633 18.41 5.57 5,825.0 0.915 0.600 0.770 0.705 5280 KIPREIT 0.725 0.005 369.6 0.748 7.85 8.47 366.3 8.290 7.380 7.880 7.750 5235SS KLCC 7.880 0.170 628.8 7.825 18.00 4.82 14,226.0 1.042 0.500 0.680 0.625 5123 MQREIT 0.670 0.060 2473.1 0.656 24.54 10.15 718.1 1.845 1.350 1.610 1.550 5212 PAVREIT 1.610 0.070 2047.5 1.578 18.63 5.28 4,899.8 1.918 1.500 1.690 1.600 5176 SUNREIT 1.660 0.050 5278 1.659 12.35 5.91 4,888.8 0.883 0.490 0.560 0.560 5111 TWRREIT 0.560 0.010 79 0.560 12.70 9.25 157.1 1.368 1.050 1.140 1.080 5110 UOAREIT 1.120 0.020 107.2 1.108 22.49 8.13 473.6 1.359 0.700 0.920 0.855 5109 YTLREIT 0.880 0.035 1888.9 0.888 12.88 0.44 1,499.9SPAC 0.505 0.505 — — 5270 RSENA 0.505 — — — — — 505.0ENERGY 0.200 0.030 0.050 0.040 5115 ALAM 0.045 0.005 20408 0.045 — — 50.9 0.555 0.110 0.145 0.130 5210 ARMADA 0.135 0.010 121082 0.139 13.50 — 793.3 0.110 0.010 0.015 0.010 7251 BARAKAH 0.015 UNCH 983 0.015 — — 12.5 1.441 0.325 0.475 0.405 5257 CARIMIN 0.435 0.005 9938.7 0.449 3.30 9.66 101.7 1.510 0.530 0.615 0.535 5071 COASTAL 0.560 -0.010 565.5 0.575 30.94 — 299.8 0.020 0.005 — — 0091 DAYA 0.005 — — — — — 10.2 3.010 0.710 1.080 0.925 5141 DAYANG 1.040 0.120 45408 1.021 4.41 — 1,103.7 1.067 0.340 0.470 0.430 5132 DELEUM 0.455 0.040 2041 0.451 5.51 9.67 182.7 3.539 2.700 3.100 2.950 7277 DIALOG 3.080 0.150 8918.2 3.058 28.60 1.23 17,376.3 0.510 0.135 0.195 0.175 7253 HANDAL 0.180 UNCH 714.1 0.183 — — 39.4 6.230 2.200 2.500 2.330 4324 HENGYUAN 2.380 0.020 2732.9 2.413 20.75 — 714.0 1.240 0.245 0.355 0.315 5199 HIBISCS 0.330 0.020 140718 0.337 3.56 — 524.1 0.280 0.035 0.055 0.050 2739 HUAAN 0.050 UNCH 4651.4 0.050 — — 56.1 0.950 0.035 0.055 0.040 5255 ICON 0.050 0.005 30097.6 0.047 — — 132.1 0.475 0.085 0.125 0.110 7164 KNM 0.110 UNCH 55188 0.115 5.64 — 290.9 0.970 0.255 0.395 0.360 5186 MHB 0.390 0.040 1513.6 0.383 — — 624.0

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

1.833 0.385 0.620 0.530 5133 PENERGY 0.615 0.075 3522.1 0.597 3.16 6.50 197.9 0.555 0.100 0.145 0.125 7108 PERDANA 0.130 UNCH 63306.6 0.134 — — 241.9 6.698 2.490 3.100 2.750 3042 PETRONM 2.860 0.060 350.8 2.920 4.37 6.99 772.2 0.345 0.025 0.045 0.035 5256 REACH 0.040 0.005 9727.5 0.040 — — 43.9 0.364 0.060 0.085 0.075 5218 SAPNRG 0.075 UNCH 85173.5 0.079 — — 1,198.4 0.145 0.010 0.020 0.010 7158 SCOMI 0.015 UNCH 2926.2 0.015 — — 16.4 0.700 0.035 0.045 0.035 7045 SCOMIES 0.035 UNCH 1462.3 0.038 — — 16.4 2.492 1.020 1.370 1.250 5279 SERBADK 1.340 0.080 18880.4 1.313 8.96 3.65 4,132.4 0.045 0.005 — — 1201 SUMATEC 0.005 — — — — — 21.3 0.559 0.210 0.315 0.290 7228 T7GLOBAL 0.310 0.010 1201.9 0.308 21.23 1.61 164.9 0.145 0.040 0.055 0.045 7206 THHEAVY 0.050 UNCH 4565.6 0.050 4.55 — 56.1 1.140 0.310 0.430 0.375 7250 UZMA 0.400 0.010 9367.8 0.409 4.41 — 128.0 0.410 0.090 0.125 0.105 5243 VELESTO 0.110 0.005 118363 0.115 26.83 — 903.7 1.450 0.460 0.570 0.535 5142 WASEONG 0.550 0.020 1712.5 0.554 17.68 — 426.2 7.420 4.240 5.150 4.850 7293 YINSON 5.090 0.270 1571.9 5.036 27.65 1.18 5,576.8

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

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

CONSUMER PRODUCTS & SERVICES 0.730 0.225 0.270 0.240 0098 BAHVEST 0.250 -0.005 4188.8 0.259 33.78 — 306.3 0.225 0.065 0.105 0.085 0179 BIOHLDG 0.095 0.005 8560.4 0.096 9.05 1.16 81.7 0.215 0.085 0.105 0.095 0205 DPIH 0.100 Unch 1100.7 0.101 4.35 4.50 48.7 0.790 0.095 0.700 0.625 0116 FOCUS 0.655 0.030 32510 0.656 — — 1,339.0 0.770 0.180 0.400 0.335 0157 FOCUSP 0.360 Unch 1184.7 0.376 7.14 4.86 79.2 0.150 0.075 0.100 0.085 0074 GOCEAN 0.090 -0.005 197.1 0.090 — — 26.1 0.125 0.035 0.080 0.065 0170 KANGER 0.070 0.005 16919.1 0.072 7.37 — 86.5 0.408 0.115 0.135 0.120 0210 KHJB 0.120 -0.005 521.7 0.128 4.49 12.50 45.6 0.220 0.110 0.130 0.120 0180 KTC 0.125 Unch 2148.7 0.126 6.04 — 63.8 0.260 0.085 0.205 0.145 0182 LKL 0.195 0.065 31029.2 0.176 — — 83.6 0.220 0.030 0.045 0.040 0140 MACPIE 0.045 Unch 102.4 0.042 — — 15.9 0.645 0.340 0.440 0.410 0201 NOVA 0.415 0.015 304.1 0.421 10.81 2.77 131.9 0.150 0.090 0.120 0.100 0153 OVERSEA 0.100 -0.010 300.1 0.105 — — 24.6 0.175 0.025 0.040 0.040 0022 PARLO 0.040 Unch 535.7 0.040 — — 14.6 0.400 0.120 0.140 0.130 0171 PLABS 0.130 Unch 273.2 0.135 6.53 — 27.9 0.509 0.300 0.380 0.340 0158 SCC 0.365 0.005 170.9 0.357 9.71 9.32 51.5 0.270 0.095 0.110 0.100 0212 SDS 0.100 -0.005 605.4 0.103 — — 40.6 0.275 0.115 0.160 0.140 0216 SPRING 0.150 0.005 179.7 0.148 3.45 — 62.4 0.200 0.030 0.045 0.035 0148 SUNZEN 0.045 0.005 572.8 0.040 — — 24.1 0.370 0.100 0.135 0.110 0197 WEGMANS 0.120 -0.010 584.1 0.124 7.55 4.17 60.0 0.270 0.120 0.180 0.175 0095 XINGHE 0.180 Unch 17351 0.180 — — 110.1INDUSTRIAL PRODUCTS & SERVICES 0.245 0.135 0.175 0.155 0218 ACO 0.160 0.005 6830.2 0.164 0.06 — 48.0 0.295 0.175 0.250 0.250 0122 AIM 0.250 Unch 0.2 0.250 — — 66.5 0.085 0.030 0.040 0.030 0105 ASIAPLY 0.030 Unch 1986.6 0.032 — — 13.7 0.095 0.015 0.025 0.015 0072 AT 0.020 Unch 7867.2 0.020 — — 29.9 0.205 0.060 0.085 0.075 0187 BCMALL 0.080 0.005 2993.2 0.079 6.56 2.50 33.7 0.425 0.130 0.225 0.195 0163 CAREPLS 0.220 0.010 20351.8 0.215 — — 116.9 0.130 0.045 0.060 0.060 0102 CONNECT 0.060 Unch 159.3 0.060 — — 19.8 0.245 0.100 0.130 0.115 0190 ESAFE 0.115 0.005 15 0.115 17.42 15.65 27.7 0.390 0.127 0.170 0.150 0100 ESCERAM 0.160 0.005 2102.9 0.160 13.91 3.75 32.9 0.548 0.060 0.100 0.085 0039 GFM 0.090 Unch 677.7 0.092 7.09 12.22 42.5 1.950 0.130 0.205 0.190 0175 HHGROUP 0.195 Unch 45.1 0.196 — — 6.6 0.155 0.040 0.055 0.050 0160 HHHCORP 0.050 0.005 207.1 0.050 8.77 — 16.7 0.305 0.100 0.140 0.120 0188 HLT 0.125 Unch 923.2 0.130 13.74 — 64.0 0.055 0.025 0.035 0.025 0024 JAG 0.030 Unch 3141.9 0.030 — — 54.6 1.043 0.078 0.890 0.790 0193 KAB 0.790 Unch 2078.6 0.843 44.13 0.63 731.2 0.385 0.055 0.110 0.095 0167 MCLEAN 0.100 0.005 1480.9 0.100 — — 19.7 0.180 0.035 0.050 0.045 0081 MEGASUN 0.050 0.005 70.1 0.045 — — 12.5 0.210 0.050 0.075 0.065 0207 MESTRON 0.065 Unch 3193.6 0.068 11.21 — 51.4 0.688 0.200 0.275 0.225 0213 MTAG 0.270 0.040 17056.7 0.255 5.03 — 184.0 0.070 0.010 0.020 0.010 0177 PASUKGB 0.015 -0.005 1526.5 0.011 — — 12.2 0.220 0.050 0.080 0.070 0038 PTB 0.075 -0.010 260.1 0.074 — — 19.7 0.435 0.155 0.230 0.200 0217 PWRWELL 0.220 0.020 9592.4 0.220 11.46 — 127.7 0.265 0.080 0.110 0.100 0196 QES 0.100 Unch 5192.5 0.104 22.73 — 75.8 0.075 0.035 0.045 0.040 0133 SANICHI 0.045 Unch 57402.8 0.045 — — 49.9 0.140 0.035 0.050 0.045 0161 SCH 0.045 0.005 689.2 0.045 4.29 — 25.0 0.982 0.315 0.495 0.415 0001 SCOMNET 0.470 -0.030 1309.8 0.471 16.04 2.13 302.2 0.290 0.065 0.100 0.085 0028 SCOPE 0.100 0.015 500.1 0.087 — — 62.9 0.155 0.050 0.075 0.070 0055 SERSOL 0.070 0.005 20.1 0.073 — — 15.1 1.410 0.510 0.715 0.600 0215 SLVEST 0.670 0.060 20448.6 0.673 17.63 — 261.7 0.580 0.095 0.130 0.120 0211 TASHIN 0.120 -0.005 186.5 0.121 28.57 — 41.9 0.575 0.190 0.245 0.220 0084 TECFAST 0.230 0.010 1679.3 0.236 14.94 4.35 52.5 0.521 0.140 0.215 0.185 0089 TEXCYCL 0.185 -0.015 263.6 0.197 9.34 3.24 47.4 0.610 0.215 0.295 0.280 0162 WIDAD 0.290 0.005 9589.6 0.284 59.18 — 711.8 0.195 0.075 0.100 0.085 0025 YBS 0.095 0.005 1140.1 0.093 63.33 — 23.0TECHNOLOGY 0.325 0.075 0.115 0.100 0181 AEMULUS 0.110 0.010 1005.4 0.108 — 1.82 60.4 0.265 0.075 0.120 0.105 0119 APPASIA 0.120 0.010 663.1 0.113 — — 41.4 0.290 0.060 0.080 0.060 0068 ASDION 0.080 Unch 5.1 0.060 — — 10.2 0.600 0.195 0.275 0.230 0195 BINACOM 0.250 0.005 7763.5 0.257 20.33 — 66.1 0.299 0.110 0.140 0.130 0191 CABNET 0.130 Unch 121.6 0.134 9.70 6.15 23.2 0.195 0.015 0.025 0.015 0152 DGB 0.015 Unch 13371.6 0.019 — — 11.8 0.110 0.045 0.060 0.055 0131 DGSB 0.055 Unch 1171.1 0.059 10.38 — 41.0 0.020 0.005 0.010 0.005 0154 EAH 0.010 Unch 225.2 0.010 — — 50.7 0.069 0.010 0.015 0.010 0107 EDUSPEC 0.010 -0.005 2041.1 0.012 — — 17.0 1.770 1.030 1.150 1.100 0104 GENETEC 1.100 Unch 152.9 1.120 11.96 4.55 46.6 0.100 0.030 0.040 0.035 0045 GNB 0.035 Unch 400 0.035 — — 10.1 3.880 0.635 1.900 1.540 0208 GREATEC 1.780 0.170 11460.4 1.754 19.50 — 1,114.3 0.035 0.015 0.020 0.015 0174 IDMENSN 0.015 -0.005 3078 0.020 — — 4.1 0.570 0.165 0.215 0.195 0023 IFCAMSC 0.215 0.020 17231 0.206 19.37 4.65 130.8 0.090 0.015 0.025 0.020 0094 INIX 0.025 Unch 2310.9 0.020 — — 7.5 0.195 0.060 0.075 0.065 0010 IRIS 0.070 0.005 12842.7 0.071 6.36 — 207.6 0.275 0.095 0.125 0.105 0209 ISTONE 0.115 Unch 2564.8 0.116 13.86 — 140.5 1.950 0.695 1.190 1.050 0146 JFTECH 1.100 -0.010 701.6 1.149 97.35 0.45 231.0 1.768 0.500 0.700 0.600 0127 JHM 0.665 0.065 4364.7 0.656 12.18 3.01 370.8 0.285 0.090 0.135 0.110 0111 K1 0.120 Unch 2925.9 0.124 13.95 — 87.5 0.050 0.010 0.020 0.015 0036 KGROUP 0.020 0.005 507.1 0.015 — — 11.6 0.960 0.315 0.455 0.380 0176 KRONO 0.425 0.020 18526 0.426 10.22 4.71 222.0 0.160 0.005 0.015 0.005 0018 LAMBO 0.010 Unch 45825 0.010 2.08 — 21.0 0.405 0.120 0.155 0.125 0075 LYC 0.140 -0.010 960.4 0.142 — — 47.6 0.055 0.020 0.030 0.025 0017 M3TECH 0.030 0.005 407.2 0.030 — — 19.4 0.285 0.104 0.180 0.160 0155 MGRC 0.170 0.015 142.5 0.172 0.80 — 17.6 0.980 0.305 0.750 0.610 0126 MICROLN 0.695 -0.005 1458 0.664 13.29 — 128.0 0.270 0.130 0.145 0.140 0112 MIKROMB 0.140 Unch 165 0.141 13.86 5.71 82.5 0.075 0.010 0.015 0.010 0085 MLAB 0.015 Unch 1136.3 0.015 — — 11.6 0.400 0.120 0.200 0.200 0034 MMAG 0.200 0.005 0.2 0.200 — — 143.7 0.125 0.010 0.015 0.010 0103 MNC 0.015 0.005 189.5 0.013 — — 17.1 0.140 0.040 0.055 0.050 0156 MPAY 0.055 0.005 854.4 0.051 — — 39.1 0.050 0.010 0.015 0.010 0070 MQTECH 0.015 Unch 1406.9 0.015 — — 10.2 0.205 0.050 0.120 0.095 0092 MTOUCHE 0.105 -0.015 24109.6 0.110 — — 53.4 0.880 0.350 0.420 0.390 0108 N2N 0.410 0.005 334.7 0.406 14.39 4.88 245.1 0.025 0.005 0.015 0.005 0020 NETX 0.010 Unch 38206.6 0.010 — — 41.0 0.020 0.005 0.010 0.005 0096 NEXGRAM 0.005 -0.005 1125.1 0.008 — — 10.4 0.110 0.015 0.035 0.025 0026 NOVAMSC 0.030 Unch 5822.5 0.030 — — 22.5 0.840 0.195 0.255 0.225 0035 OPCOM 0.240 0.010 4340 0.245 — — 38.7 0.455 0.260 0.325 0.285 0040 OPENSYS 0.315 0.010 3908.4 0.309 8.45 6.35 93.8 0.230 0.030 0.040 0.035 0079 ORION 0.035 Unch 3982.1 0.035 — — 25.5 0.390 0.200 0.280 0.260 0006 PINEAPP 0.260 -0.020 5.1 0.260 — — 12.6 0.085 0.020 0.025 0.020 0123 PRIVA 0.025 Unch 741.1 0.025 — — 14.0 1.530 0.670 1.020 0.840 0200 REVENUE 0.945 0.045 14757.3 0.962 28.64 — 368.0 0.715 0.355 0.420 0.390 0106 REXIT 0.390 -0.015 213.3 0.405 7.78 7.69 73.8 0.390 0.180 0.230 0.195 0202 RGTECH 0.210 0.005 7829.2 0.215 19.81 — 110.3 0.310 0.080 0.110 0.100 0178 SEDANIA 0.105 0.005 1040.7 0.105 10.19 — 26.4 0.267 0.035 0.065 0.055 0203 SMETRIC 0.060 Unch 1357.9 0.060 14.29 — 29.2 0.125 0.015 0.050 0.045 0117 SMRT 0.050 0.005 54.9 0.050 — — 20.4 0.280 0.040 0.055 0.050 0169 SMTRACK 0.050 Unch 50.7 0.050 — — 8.8 0.130 0.045 0.060 0.055 0093 SOLUTN 0.055 Unch 470.1 0.056 — — 16.9 0.375 0.195 0.370 0.360 0129 SRIDGE 0.370 0.005 3663.8 0.369 — — 53.8 0.250 0.060 0.085 0.080 0050 SYSTECH 0.080 Unch 223.8 0.080 — 2.50 27.8 0.090 0.020 0.045 0.045 0132 TDEX 0.045 0.005 10.1 0.045 — — 26.6 0.140 0.040 0.075 0.050 0145 TFP 0.075 0.025 0.4 0.064 — — 15.6 0.265 0.035 0.055 0.050 0005 UCREST 0.050 0.005 787.3 0.050 — — 23.2 0.330 0.020 0.030 0.020 0060 VC 0.030 0.005 48623 0.025 — — 14.5 0.775 0.210 0.275 0.225 0120 VIS 0.255 0.015 9090.4 0.258 11.33 3.92 43.5 0.025 0.015 0.020 0.015 0069 VIVOCOM 0.015 Unch 3231.4 0.015 75.00 — 85.0 0.245 0.015 0.020 0.015 0066 VSOLAR 0.020 Unch 1828.3 0.017 — — 8.2 0.045 0.035 — — 0141 WINTONI 0.035 — — — — — 18.0 0.200 0.090 0.100 0.095 0086 YGL 0.095 0.005 308 0.098 — — 24.3TELECOMMUNICATIONS & MEDIA 0.600 0.195 0.275 0.230 0195 BINACOM 0.250 0.005 7763.5 0.257 20.33 — 66.1 0.565 0.300 0.410 0.300 0147 INNITY 0.350 -0.125 61.4 0.309 38.46 — 48.7 0.055 0.020 0.030 0.025 0017 M3TECH 0.030 0.005 407.2 0.030 — — 19.4 0.125 0.010 0.015 0.010 0103 MNC 0.015 0.005 189.5 0.013 — — 17.1 0.205 0.050 0.120 0.095 0092 MTOUCHE 0.105 -0.015 24109 0.110 — — 53.4 0.020 0.005 0.010 0.005 0096 NEXGRAM 0.005 -0.005 1125.1 0.008 — — 10.4 0.840 0.195 0.255 0.225 0035 OPCOM 0.240 0.010 4340 0.245 — — 38.7 0.085 0.020 0.025 0.020 0123 PRIVA 0.025 Unch 741.1 0.025 — — 14.0 0.525 0.060 0.080 0.070 0007 PUC 0.075 Unch 1378.2 0.075 — — 35.6 0.610 0.200 0.260 0.230 0032 REDTONE 0.250 0.015 3647.8 0.248 6.98 — 195.6 0.255 0.040 0.065 0.060 0173 REV 0.060 Unch 12 0.064 — — 8.1 0.310 0.080 0.110 0.100 0178 SEDANIA 0.105 0.005 1040.7 0.105 10.19 — 26.4 0.375 0.195 0.370 0.360 0129 SRIDGE 0.370 0.005 3663.8 0.369 — — 53.8 0.065 0.010 0.020 0.015 0165 XOX 0.020 Unch 3925.3 0.019 — — 21.8FINANCIAL SERVICES 0.095 0.020 0.030 0.020 0150 FINTEC 0.025 Unch 3650.1 0.026 0.09 — 20.3 0.580 0.300 0.385 0.350 0053 OSKVI 0.350 -0.035 5.1 0.351 11.25 — 69.2HEALTH CARE 0.425 0.130 0.225 0.195 0163 CAREPLS 0.220 0.010 20351 0.215 — — 116.9 0.260 0.085 0.205 0.145 0182 LKL 0.195 0.065 31029 0.176 — — 83.6 0.285 0.104 0.180 0.160 0155 MGRC 0.170 0.015 142.5 0.172 0.80 — 17.6 0.645 0.340 0.440 0.410 0201 NOVA 0.415 0.015 304.1 0.421 10.81 2.77 131.9TRANSPORTATION & LOGISTICS 0.105 0.030 0.040 0.035 0048 ANCOMLB 0.035 -0.005 2.1 0.035 — — 16.6 0.285 0.130 0.160 0.135 0080 STRAITS 0.140 -0.010 6047.9 0.145 12.84 — 91.1 0.443 0.170 0.280 0.245 0199 TRIMODE 0.265 0.030 131.4 0.246 17.55 2.83 44.0CONSTRUCTION 0.783 0.248 0.495 0.410 0198 GDB 0.465 0.020 9284.5 0.470 9.96 4.30 290.6 0.304 0.185 0.225 0.215 0206 NADIBHD 0.220 0.005 362.8 0.218 6.53 4.55 165.7 0.050 0.015 0.025 0.020 0109 SCBUILD 0.025 0.005 300.3 0.021 10.42 — 22.1PLANTATION 0.100 0.050 0.055 0.050 0189 MATANG 0.055 0.005 496.7 0.050 91.67 2.73 99.6UTILITIES 0.347 0.150 0.200 0.175 0011 BTECH 0.190 0.005 1060.6 0.186 8.19 8.42 47.9

Page 23: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

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

THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY 2 2

Bursa Malaysia Equity Derivatives

0.545 0.100 0.175 0.165 70354 A50CHIN-C54 0.175 0.030 69.2 7.544 8.577 17.18 30/06/2020 0.320 0.130 0.210 0.200 70358 A50CHIN-C58 0.205 0.035 40 7.544 9.149 25.35 30/09/2020 0.665 0.310 0.465 0.445 70360 A50CHIN-C60 0.455 0.055 103 7.543 8.005 15.18 30/09/2020 0.500 0.050 0.335 0.320 70339 A50CHIN-H39 0.330 -0.060 204 7.544 7.148 1.31 30/06/2020 0.455 0.295 0.305 0.295 70343 A50CHIN-H43 0.305 -0.045 7.1 7.544 6.576 -6.77 30/09/2020 0.815 0.225 0.610 0.610 70345 A50CHIN-H45 0.610 -0.090 10 7.544 7.720 14.46 30/09/2020 0.050 0.005 — — 5238WA AAX-WA 0.005 — — 0.060 0.460 675.00 08/06/2020 0.095 0.005 0.020 0.010 50991D AIRASIAC1D 0.010 Unch 1602.8 0.740 1.300 78.38 30/11/2020 0.085 0.010 0.030 0.025 50991E AIRASIAC1E 0.025 0.005 120 0.740 1.280 83.11 15/01/2021 0.105 0.005 0.005 0.005 509994 AIRASIAC94 0.005 Unch 50 0.740 1.980 169.59 30/10/2020 0.095 0.005 0.005 0.005 509997 AIRASIAC97 0.005 Unch 100 0.740 1.750 138.51 19/06/2020 0.045 0.005 0.005 0.005 509998 AIRASIAC98 0.005 Unch 247.7 0.740 1.680 128.72 30/11/2020 0.110 0.005 0.015 0.015 7609WA AJIYA-WA 0.015 Unch 20 0.260 0.920 259.62 28/08/2021 0.080 0.010 0.020 0.015 5115WA ALAM-WA 0.020 Unch 5191.9 0.045 0.120 211.11 28/03/2022 0.090 0.005 0.015 0.010 101519 AMBANK-C19 0.015 0.005 630.2 2.930 3.850 32.94 30/10/2020 0.010 0.005 — — 9342WC ANZO-WC 0.005 — — 0.015 0.200 1,267 18/06/2020 0.195 0.030 0.065 0.055 0119WA APPASIA-WA 0.055 Unch 832 0.120 0.130 54.17 23/12/2024 0.025 0.015 — — 7007WB ARK-WB 0.025 — — 0.125 1.000 720.00 30/06/2021 0.630 0.010 0.015 0.010 521051 ARMADA-C51 0.015 Unch 644 0.135 0.235 79.63 30/06/2020 0.080 0.010 0.025 0.025 4057WB ASIAPAC-WB 0.025 -0.010 116 0.085 0.250 223.53 25/05/2022 0.095 0.005 0.005 0.005 639920 ASTRO-C20 0.005 -0.005 150 0.830 1.680 103.61 30/10/2020 0.280 0.040 0.075 0.060 7579WA AWC-WA 0.065 -0.005 335.2 0.260 0.880 263.46 25/12/2023 0.200 0.030 0.045 0.045 688851 AXIATA-C51 0.045 Unch 270 3.430 4.300 31.92 09/11/2020 0.090 0.035 0.040 0.040 688853 AXIATA-C53 0.040 Unch 500 3.430 4.180 28.86 30/11/2020 0.330 0.050 0.055 0.050 7078WA AZRB-WA 0.050 Unch 90 0.140 0.630 385.71 13/05/2024 0.460 0.130 0.195 0.160 0098WA BAHVEST-WA 0.165 -0.020 956 0.250 0.430 138.00 20/08/2024 0.115 0.010 0.020 0.020 4162CU BAT-CU 0.020 0.005 90 9.880 16.000 67.00 09/11/2020 0.245 0.030 0.050 0.035 4162CV BAT-CV 0.035 Unch 616.4 9.880 12.000 26.77 27/10/2020 0.315 0.030 0.055 0.050 4162CX BAT-CX 0.050 0.005 315.8 9.880 12.000 26.52 30/10/2020 0.105 0.005 0.005 0.005 5248C8 BAUTO-C8 0.005 Unch 1809.5 1.110 2.000 81.53 30/11/2020 0.395 0.115 0.155 0.135 5258WA BIMB-WA 0.140 0.005 1335.8 2.880 4.720 68.75 04/12/2023 0.090 0.015 0.025 0.020 0179WA BIOHLDG-WA 0.020 Unch 993.9 0.095 0.220 152.63 05/01/2022 0.050 0.010 0.020 0.010 3395WB BJCORP-WB 0.020 0.005 500 0.215 1.000 374.42 22/04/2022 0.075 0.015 0.030 0.025 3395WC BJCORP-WC 0.025 Unch 400 0.215 1.000 376.74 29/05/2026 0.020 0.005 0.005 0.005 7036WC BORNOIL-WC 0.005 Unch 370 0.015 0.070 400.00 08/11/2025 0.045 0.010 0.020 0.015 5932WA BPURI-WA 0.015 0.005 2509.4 0.040 0.100 187.50 22/12/2022 0.190 0.015 0.040 0.040 7188WB BTM-WB 0.040 Unch 49.7 0.075 0.200 220.00 23/10/2024 0.135 0.030 0.040 0.040 7035WA CCK-WA 0.040 Unch 260 0.345 0.900 172.46 18/06/2023 0.200 0.065 0.090 0.070 7187WA CHGP-WA 0.090 Unch 49 0.270 0.200 7.41 07/07/2023 0.110 0.030 0.060 0.050 102360 CIMB-C60 0.050 Unch 600 3.520 5.280 55.68 18/12/2020 0.050 0.005 0.015 0.015 102361 CIMB-C61 0.015 0.005 1715 3.520 4.880 41.19 06/11/2020 0.035 0.020 0.020 0.020 7018WA CME-WA 0.020 -0.005 500 0.025 0.010 20.00 01/05/2028 0.090 0.005 0.015 0.010 285219 CMSB-C19 0.010 Unch 190.1 0.885 2.300 164.41 06/11/2020 0.700 0.120 0.250 0.220 8125WB DAIBOCI-WB 0.235 0.025 418 1.610 2.500 69.88 19/06/2022 0.440 0.040 0.095 0.065 5276WA DANCO-WA 0.065 Unch 154.2 0.290 0.300 25.86 22/05/2022 0.340 0.005 0.015 0.010 5141C1 DAYANG-C1 0.010 0.005 1862 1.040 1.903 86.65 07/09/2020 0.270 0.005 0.010 0.010 5141C5 DAYANG-C5 0.010 0.005 300 1.040 2.200 115.38 07/12/2020 0.090 0.005 0.010 0.010 5141C8 DAYANG-C8 0.010 0.005 100 1.040 3.000 192.31 22/01/2021 0.505 0.015 0.030 0.025 5141CX DAYANG-CX 0.030 0.005 815 1.040 1.599 61.95 30/10/2020 0.090 0.005 0.030 0.030 727755 DIALOG-C55 0.030 0.010 1000 3.080 3.500 17.53 12/10/2020 0.065 0.020 0.035 0.030 727756 DIALOG-C56 0.030 0.005 130 3.080 3.400 13.31 30/10/2020 0.115 0.095 0.115 0.100 727757 DIALOG-C57 0.115 0.015 2400 3.080 3.600 29.95 25/11/2020 0.085 0.005 0.015 0.010 4456WD DNEX-WD 0.010 -0.005 2606.4 0.105 0.500 385.71 30/07/2021 0.260 0.025 0.050 0.035 7114WA DNONCE-WA 0.050 -0.005 187 0.215 0.250 39.53 25/11/2020 0.060 0.005 — — 5265WA DOLPHIN-WA 0.005 — — 0.030 0.800 2,583 29/03/2021 0.090 0.030 0.045 0.040 16191B DRBHCOMC1B 0.045 -0.005 200 1.250 2.380 99.40 13/11/2020 0.170 0.005 0.010 0.010 161997 DRBHCOMC97 0.010 -0.005 820 1.250 2.200 78.40 07/12/2020 0.065 0.005 0.030 0.005 161998 DRBHCOMC98 0.005 -0.045 12 1.250 3.050 145.12 14/08/2020 0.155 0.010 0.035 0.035 161999 DRBHCOMC99 0.035 0.020 10 1.250 2.200 84.40 17/07/2020 0.375 0.010 0.025 0.015 521611 DSONIC-C11 0.025 0.010 9386.1 0.735 1.000 42.86 30/07/2020 0.290 0.005 0.015 0.010 521612 DSONIC-C12 0.010 Unch 2244 0.735 1.180 63.27 30/07/2020 0.425 0.005 0.020 0.015 521613 DSONIC-C13 0.020 0.010 361 0.735 1.150 60.54 26/08/2020 0.250 0.005 0.015 0.010 521614 DSONIC-C14 0.010 Unch 616.3 0.735 1.250 73.06 19/06/2020 0.270 0.010 0.020 0.020 521615 DSONIC-C15 0.020 -0.015 1 0.735 1.000 44.22 09/11/2020 0.200 0.025 0.040 0.040 521616 DSONIC-C16 0.040 0.015 10 0.735 1.380 104.08 09/11/2020 0.135 0.005 0.020 0.015 521617 DSONIC-C17 0.015 Unch 206.9 0.735 1.800 150.61 14/08/2020 0.070 0.005 0.015 0.015 521619 DSONIC-C19 0.015 Unch 195 0.735 1.400 96.60 06/11/2020 0.440 0.215 0.440 0.420 5216HA DSONIC-HA 0.420 0.175 900.6 0.735 2.000 343.54 14/09/2020 0.470 0.205 0.470 0.435 5216HB DSONIC-HB 0.450 0.010 1803.6 0.735 1.600 240.14 21/09/2020 0.935 0.070 0.270 0.215 5216WA DSONIC-WA 0.265 0.055 82256.2 0.735 1.090 84.35 05/07/2023 0.850 0.005 0.050 0.050 7165WA DWL-WA 0.050 0.005 1 0.110 0.600 490.91 07/04/2021 0.320 0.040 0.070 0.055 5253WA ECONBHD-WA 0.060 0.010 2974 0.355 1.250 269.01 02/01/2023 0.055 0.005 0.005 0.005 8206CZ ECOWLD-CZ 0.005 Unch 20 0.345 0.780 128.99 30/11/2020 0.300 0.060 0.090 0.070 8206WA ECOWLD-WA 0.080 -0.005 1142.9 0.345 2.080 526.09 26/03/2022 0.125 0.025 0.040 0.030 7471WB EDEN-WB 0.040 0.010 5471 0.130 0.300 161.54 13/08/2021 0.020 0.005 0.005 0.005 0107WB EDUSPEC-WB 0.005 Unch 25 0.010 0.050 450.00 30/09/2024 0.150 0.005 0.010 0.010 8907WC EG-WC 0.010 Unch 114.2 0.250 0.500 104.00 03/11/2020 0.040 0.035 0.040 0.040 887710 EKOVEST-C10 0.040 0.005 550 0.375 0.780 122.93 09/10/2020 0.045 0.035 0.045 0.035 887711 EKOVEST-C11 0.035 -0.005 115 0.375 0.680 95.33 25/11/2020 0.100 0.005 0.005 0.005 8877C6 EKOVEST-C6 0.005 Unch 200 0.375 0.770 109.33 09/11/2020 0.050 0.005 0.010 0.010 8877C9 EKOVEST-C9 0.010 Unch 118 0.375 0.770 110.67 30/11/2020 0.280 0.040 0.060 0.050 7249WB EWEIN-WB 0.060 0.015 19.5 0.200 0.800 330.00 24/09/2022 0.250 0.045 0.075 0.060 5283WA EWINT-WA 0.075 0.010 3236.1 0.390 1.450 291.03 04/04/2022 0.145 0.005 0.020 0.015 06507P FBMKLCI-C7P 0.015 0.010 519 1,324 1,588 21.03 30/10/2020 0.110 0.005 0.010 0.010 06507Q FBMKLCI-C7Q 0.010 Unch 153 823.46 1,638 100.13 30/10/2020 0.053 0.003 0.010 0.005 06507R FBMKLCI-C7R 0.005 Unch 490 306.81 1,560 409.59 30/04/2020 0.100 0.005 0.005 0.005 06507S FBMKLCI-C7S 0.005 Unch 293 132.82 1,570 1,085 29/05/2020 0.100 0.005 0.005 0.005 06507T FBMKLCI-C7T 0.005 Unch 74 132.82 1,580 1,093 30/06/2020 0.045 0.020 0.045 0.045 06507Y FBMKLCI-C7Y 0.045 0.025 35 1,324 1,650 25.89 30/11/2020 0.060 0.005 0.005 0.005 06509A FBMKLCI-C9A 0.005 -0.005 57 120.73 1,600 1,228 28/08/2020 0.280 0.045 0.115 0.045 06509B FBMKLCI-C9B 0.045 -0.015 28 1,324 1,540 17.29 28/08/2020 0.080 0.005 0.030 0.025 06509C FBMKLCI-C9C 0.025 0.005 953 1,103 1,600 46.11 28/08/2020 0.085 0.025 0.065 0.055 06509D FBMKLCI-C9D 0.060 0.010 1309 1,324 1,550 19.24 30/10/2020 0.385 0.170 0.335 0.300 06509E FBMKLCI-C9E 0.315 0.025 714.3 1,324 1,470 18.13 30/09/2020 0.500 0.105 0.370 0.360 06508K FBMKLCI-H8K 0.370 -0.030 100.1 1,324 1,689 55.46 30/06/2020 0.500 0.065 0.305 0.260 06508L FBMKLCI-H8L 0.280 -0.035 577.7 1,324 1,589 41.11 30/06/2020 0.555 0.035 0.380 0.380 06508Q FBMKLCI-H8Q 0.380 -0.050 50.5 1,324 1,590 40.13 31/03/2020 0.455 0.055 0.260 0.205 06508R FBMKLCI-H8R 0.225 -0.035 15012.3 1,324 1,508 30.84 30/10/2020 0.500 0.075 0.285 0.240 06508S FBMKLCI-H8S 0.270 -0.025 4074.7 1,324 1,558 38.02 30/10/2020 0.535 0.030 0.390 0.355 06508T FBMKLCI-H8T 0.370 -0.015 437.1 1,324 1,560 37.33 30/04/2020 0.545 0.050 0.405 0.400 06508U FBMKLCI-H8U 0.400 -0.090 224.2 1,324 1,570 39.68 29/05/2020 0.600 0.070 0.420 0.420 06508V FBMKLCI-H8V 0.420 -0.045 5 1,324 1,580 41.49 30/06/2020 1.180 0.200 0.895 0.775 06508W FBMKLCI-H8W 0.790 -0.100 66 1,324 1,540 34.16 29/05/2020 1.000 0.360 0.720 0.635 06508Z FBMKLCI-H8Z 0.670 -0.040 548.6 1,324 1,550 36.65 30/11/2020 0.565 0.180 0.485 0.465 0650AB FBMKLCI-HAB 0.480 -0.085 70 1,324 1,600 46.17 28/08/2020 1.110 0.385 0.775 0.775 0650AC FBMKLCI-HAC 0.775 -0.050 1 1,324 1,490 30.05 28/08/2020 0.660 0.270 0.460 0.400 0650AD FBMKLCI-HAD 0.430 -0.045 609.5 1,324 1,500 29.09 28/08/2020 0.730 0.290 0.530 0.480 0650AE FBMKLCI-HAE 0.500 -0.015 360 1,324 1,530 33.94 30/10/2020 1.100 0.740 0.815 0.740 0650AF FBMKLCI-HAF 0.775 -0.075 4158.3 1,324 1,420 24.77 30/09/2020 0.380 0.030 0.040 0.030 522280 FGV-C80 0.030 -0.025 0.4 0.830 1.050 31.93 30/06/2020 0.325 0.020 0.055 0.035 522284 FGV-C84 0.040 0.005 1050 0.830 0.980 27.71 30/10/2020 0.105 0.005 0.005 0.005 522286 FGV-C86 0.005 Unch 1500 0.830 1.650 100.12 19/06/2020 0.445 0.020 0.135 0.090 0128CA FRONTKN-CA 0.115 0.015 765 1.650 1.380 4.55 30/06/2020 0.370 0.010 0.100 0.095 0128CG FRONTKN-CG 0.100 0.040 273.4 1.650 1.600 15.15 26/06/2020 0.315 0.010 0.070 0.035 0128CH FRONTKN-CH 0.060 0.025 1183.2 1.650 1.800 20.00 26/06/2020 0.240 0.010 0.015 0.015 0128CI FRONTKN-CI 0.015 0.005 439.9 1.650 2.000 23.94 22/05/2020 0.195 0.020 0.025 0.020 0128CJ FRONTKN-CJ 0.020 -0.095 120 1.650 2.200 36.97 30/07/2020 0.250 0.005 0.060 0.035 0128CK FRONTKN-CK 0.050 0.015 1426.1 1.650 2.000 31.82 07/12/2020 0.195 0.015 0.040 0.040 0128CL FRONTKN-CL 0.040 0.010 60 1.650 2.700 70.91 27/10/2020 0.185 0.010 0.055 0.055 0128CM FRONTKN-CM 0.055 0.015 50 1.650 2.500 61.52 15/01/2021 0.450 0.040 0.070 0.060 9261WB GADANG-WB 0.065 0.005 2871.2 0.305 1.060 268.85 29/11/2021 0.285 0.005 0.005 0.005 539868 GAMUDA-C68 0.005 -0.010 2025 0.914 3.050 236.43 31/03/2020 0.195 0.005 0.020 0.015 539878 GAMUDA-C78 0.020 0.005 420.2 2.650 3.910 50.57 12/10/2020 0.490 0.030 0.090 0.055 5398WE GAMUDA-WE 0.070 0.005 39800. 2.650 4.050 55.47 06/03/2021 0.520 0.095 0.125 0.110 5226WB GBGAQRS-WB 0.120 0.010 2400.8 0.690 1.120 79.71 26/09/2023 0.520 0.015 0.105 0.050 5102CG GCB-CG 0.070 0.030 225.1 2.020 1.955 5.03 15/05/2020 0.535 0.005 0.085 0.040 5102CI GCB-CI 0.050 0.040 98.7 2.020 1.955 2.67 13/04/2020 0.370 0.010 0.045 0.025 5102CK GCB-CK 0.045 0.015 200 2.020 2.527 30.40 28/07/2020 0.365 0.005 0.055 0.020 5102CL GCB-CL 0.035 0.015 2792.8 2.020 2.480 27.10 12/10/2020 0.160 0.010 0.020 0.020 5102CN GCB-CN 0.020 0.010 50 2.020 2.680 37.62 30/07/2020 0.135 0.015 0.020 0.015 5102CO GCB-CO 0.020 -0.010 453.1 2.020 3.500 77.03 24/09/2020 0.210 0.010 0.030 0.030 5102CP GCB-CP 0.030 0.010 1000 2.020 2.980 52.72 30/11/2020 1.600 0.305 0.580 0.450 5102WB GCB-WB 0.530 0.070 2019 2.020 1.650 7.92 04/11/2022 0.100 0.005 — — 471560 GENM-C60 0.005 — — 0.543 4.132 664.23 31/03/2020 0.105 0.005 0.005 0.005 471566 GENM-C66 0.005 Unch 600 1.900 2.974 58.04 28/08/2020 0.125 0.005 0.010 0.010 471568 GENM-C68 0.010 Unch 1000 1.900 2.945 57.02 30/07/2020 0.115 0.030 0.050 0.030 471572 GENM-C72 0.030 -0.015 120 1.900 2.993 63.32 09/10/2020 0.070 0.010 0.010 0.010 471573 GENM-C73 0.010 Unch 1650 1.900 2.781 48.89 30/11/2020 0.120 0.025 0.040 0.035 471574 GENM-C74 0.040 0.005 1743.6 1.900 2.897 60.58 22/01/2021 0.060 0.030 0.035 0.035 471575 GENM-C75 0.035 Unch 1000 1.900 2.800 54.48 25/11/2020 0.160 0.005 0.010 0.010 318282 GENTINGC82 0.010 Unch 290 3.450 5.379 57.32 30/11/2020 0.220 0.015 0.020 0.020 0039WC GFM-WC 0.020 -0.005 150.5 0.090 0.380 344.44 28/01/2022 0.115 0.015 0.020 0.020 5220WA GLOTEC-WA 0.020 Unch 11.8 0.275 0.720 169.09 17/12/2021 0.460 0.070 0.155 0.130 0082WB GPACKET-WB 0.140 0.010 1465.6 0.470 0.400 14.89 24/11/2023 0.070 0.015 0.020 0.015 7096WA GPA-WA 0.020 Unch 655 0.075 0.100 60.00 03/06/2025 0.235 0.020 0.040 0.025 7022C4 GTRONIC-C4 0.030 Unch 900 1.430 2.000 46.15 09/11/2020 0.045 0.015 0.015 0.015 7022C5 GTRONIC-C5 0.015 -0.015 7 1.430 2.700 93.01 06/11/2020 0.240 0.025 0.030 0.025 7022CZ GTRONIC-CZ 0.025 -0.005 200 1.430 1.880 36.71 30/06/2020 0.285 0.025 0.095 0.070 7676WB GUNUNG-WB 0.090 0.010 272.5 0.295 0.400 66.10 02/10/2020 0.245 0.040 0.220 0.195 516828 HARTA-C28 0.200 -0.025 874.9 6.690 5.500 0.15 30/04/2020 0.320 0.120 0.320 0.270 516830 HARTA-C30 0.280 -0.005 1538.8 6.690 5.180 2.54 31/07/2020 0.310 0.115 0.310 0.260 516831 HARTA-C31 0.270 -0.025 580.8 6.690 5.280 3.14 28/08/2020 0.350 0.180 0.315 0.310 516833 HARTA-C33 0.315 -0.025 461.2 6.690 5.200 5.98 07/12/2020 0.195 0.070 0.195 0.170 516834 HARTA-C34 0.175 -0.010 1283.8 6.690 6.000 5.38 30/11/2020 0.155 0.095 0.155 0.135 516835 HARTA-C35 0.135 -0.005 2144.2 6.690 6.500 17.34 27/10/2020 0.155 0.070 0.150 0.135 516836 HARTA-C36 0.135 -0.010 680 6.690 7.200 23.77 18/12/2020 0.180 0.075 0.170 0.150 516838 HARTA-C38 0.155 -0.005 910.4 6.690 6.200 8.89 06/11/2020 0.240 0.135 0.240 0.200 516839 HARTA-C39 0.205 -0.025 380.8 6.690 6.500 15.55 22/01/2021 0.110 0.005 0.005 0.005 432413 HENGYUANC13 0.005 Unch 540 2.380 4.200 78.36 07/08/2020 0.080 0.005 0.015 0.010 5072WB HIAPTEK-WB 0.010 -0.005 958 0.105 0.500 385.71 23/06/2021 0.095 0.005 0.005 0.005 519910 HIBISCS-C10 0.005 Unch 239 0.330 1.030 215.15 30/10/2020 0.515 0.025 0.045 0.035 5199WC HIBISCS-WC 0.040 0.005 8133.9 0.330 1.120 251.52 18/03/2021 0.120 0.005 0.020 0.015 5819CP HLBANK-CP 0.015 Unch 420 14.200 17.280 23.27 30/09/2020 0.165 0.030 0.055 0.045 0188WA HLT-WA 0.050 Unch 855.4 0.125 0.200 100.00 27/12/2022

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

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

0.315 0.040 0.110 0.055 5160WB HOMERIZ-WB 0.090 0.025 530.3 0.435 0.540 44.83 03/07/2022 0.350 0.035 0.065 0.045 0185WA HSSEB-WA 0.060 0.015 245 0.300 1.700 486.67 15/03/2023 0.025 0.010 0.020 0.015 7013WC HUBLINE-WC 0.020 Unch 140 0.040 0.055 87.50 17/12/2023 0.055 0.005 0.015 0.015 9601WD HWGB-WD 0.015 -0.005 200 0.090 0.320 272.22 15/03/2021 0.070 0.020 0.030 0.025 5255WA ICON-WA 0.030 0.005 4384.1 0.050 0.165 290.00 13/02/2028 0.005 0.005 — — 0174WA IDMENSN-WA 0.005 — — 0.015 0.200 1,267 14/07/2020 0.028 0.005 — — 522514 IHH-C14 0.005 — — 0.800 5.400 578.13 31/03/2020 0.120 0.010 0.035 0.015 522515 IHH-C15 0.025 0.015 95 5.100 5.600 12.25 15/05/2020 0.125 0.005 — — 522516 IHH-C16 0.005 — — 0.790 6.100 674.37 31/03/2020 0.085 0.015 0.055 0.040 522517 IHH-C17 0.050 0.015 2328 5.100 5.800 18.63 30/10/2020 0.105 0.070 0.105 0.095 522518 IHH-C18 0.095 0.020 500 5.100 6.000 27.89 29/03/2021 0.105 0.005 0.015 0.015 333635 IJM-C35 0.015 -0.005 10 1.480 2.200 52.70 30/11/2020 0.085 0.030 0.035 0.030 333637 IJM-C37 0.030 Unch 2000 1.480 2.300 61.49 22/01/2021 0.180 0.015 0.035 0.025 16657 INARI-C57 0.025 0.010 4671 1.130 1.700 57.08 30/11/2020 0.095 0.015 0.015 0.015 16658 INARI-C58 0.015 Unch 50 1.130 1.800 62.61 30/11/2020 0.115 0.015 0.020 0.020 16659 INARI-C59 0.020 Unch 1150 1.130 2.000 81.42 27/10/2020 0.020 0.005 0.015 0.015 196125 IOICORP-C25 0.015 0.005 400 3.750 4.500 21.60 30/10/2020 1.260 0.360 0.525 0.435 4723WB JAKS-WB 0.485 0.025 2130.2 0.735 0.640 53.06 13/12/2023 0.170 0.015 0.030 0.020 0111WC K1-WC 0.020 Unch 1109 0.120 0.300 166.67 30/12/2021 0.025 0.020 0.025 0.020 7161CM KERJAYA-CM 0.025 -0.125 80.2 0.860 1.300 59.88 15/01/2021 0.345 0.060 0.085 0.075 7161WB KERJAYA-WB 0.085 0.005 313.9 0.860 1.600 95.93 28/02/2023 0.010 0.005 — — 0036WB KGROUP-WB 0.005 — — 0.020 0.200 925.00 01/05/2020 0.105 0.005 0.015 0.015 2445C4 KLK-C4 0.015 0.005 3.9 20.660 23.300 14.96 07/08/2020 0.475 0.170 0.265 0.200 5027WB KMLOONG-WB 0.265 -0.005 21.4 0.970 1.400 71.65 10/04/2025 0.315 0.005 — — 7164WB KNM-WB 0.005 — — 0.110 1.000 813.64 21/04/2020 0.140 0.025 0.050 0.035 7153C2 KOSSAN-C2 0.050 0.005 2141.6 4.800 4.600 2.08 13/04/2020 0.200 0.075 0.115 0.100 7153C3 KOSSAN-C3 0.115 Unch 1438.7 4.800 4.500 6.93 28/07/2020 0.185 0.080 0.105 0.095 7153C4 KOSSAN-C4 0.100 Unch 160 4.800 5.000 14.58 30/11/2020 0.240 0.135 0.160 0.155 7153C5 KOSSAN-C5 0.155 -0.005 45.2 4.800 4.780 17.34 15/01/2021 0.060 0.005 0.010 0.010 5878CV KPJ-CV 0.010 0.005 150 0.870 0.980 14.94 29/05/2020 0.025 0.020 0.025 0.025 5878CW KPJ-CW 0.025 0.005 280 0.870 1.150 37.93 11/09/2020 0.035 0.005 0.005 0.005 0018WB LAMBO-WB 0.005 Unch 365.2 0.010 0.160 1,550 29/04/2024 0.235 0.025 0.050 0.040 9385WA LAYHONG-WA 0.045 Unch 1427.9 0.265 0.400 67.92 13/10/2021 0.260 0.050 0.055 0.050 8494WB LBICAP-WB 0.055 -0.005 254.3 0.370 0.500 50.00 24/06/2024 0.250 0.005 0.005 0.005 5789WB LBS-WB 0.005 Unch 260 0.375 0.560 50.67 04/10/2020 0.100 0.035 0.050 0.045 8303WB LOTUS-WB 0.050 Unch 560 0.095 0.100 57.89 25/11/2024 0.045 0.015 0.020 0.015 5068WA LUSTER-WA 0.015 Unch 781.1 0.055 0.100 109.09 03/06/2022 0.045 0.015 0.030 0.020 5068WB LUSTER-WB 0.025 Unch 112.8 0.055 0.100 127.27 26/05/2023 0.040 0.005 — — 0140WA MACPIE-WA 0.005 — — 0.045 0.480 977.78 17/02/2021 0.135 0.005 0.010 0.010 7087CB MAGNI-CB 0.010 0.005 3281.9 1.400 2.700 95.00 30/11/2020 0.165 0.030 0.040 0.030 601211 MAXIS-C11 0.040 0.010 800 5.340 5.280 3.37 30/04/2020 0.140 0.110 0.140 0.135 601217 MAXIS-C17 0.140 Unch 260 5.340 5.700 19.85 29/03/2021 0.150 0.005 — — 115560 MAYBANKC60 0.005 — — 1.179 8.880 655.30 31/03/2020 0.120 0.005 0.010 0.005 115561 MAYBANKC61 0.005 -0.005 358 1.419 8.700 514.16 30/07/2020 0.070 0.010 0.025 0.020 115565 MAYBANKC65 0.020 0.005 270 5.872 8.500 45.78 30/11/2020 0.210 0.075 0.210 0.210 115566 MAYBANKC66 0.210 0.035 30 7.300 8.300 23.77 09/10/2020 0.720 0.220 0.285 0.285 5152WA MBL-WA 0.285 0.045 3 1.000 0.800 8.50 28/11/2022 0.025 0.004 — — 5983CL MBMR-CL 0.005 — — 0.333 4.380 1,221 27/04/2020 0.012 0.005 — — 5983CN MBMR-CN 0.005 — — 0.710 4.880 590.85 13/04/2020 0.205 0.040 0.060 0.060 5983CO MBMR-CO 0.060 0.015 0.1 2.560 4.000 65.63 30/11/2020 0.030 — — — 117127 MBSB-C27 0.005 — — 0.086 0.900 952.33 30/09/2020 0.050 0.005 0.010 0.010 117128 MBSB-C28 0.010 Unch 80.1 0.525 0.800 54.29 30/11/2020 0.045 0.005 0.020 0.020 117129 MBSB-C29 0.020 0.010 0.3 0.525 0.730 46.67 20/11/2020 0.120 0.005 0.020 0.020 0167WB MCLEAN-WB 0.020 Unch 10 0.100 0.250 170.00 07/10/2020 0.165 0.020 0.040 0.040 3778WB MELEWAR-WB 0.040 Unch 20 0.120 0.400 266.67 18/08/2023 0.105 0.010 — — 5040WA MERIDIAN-WA 0.025 — — 0.060 0.500 775.00 13/08/2021 0.030 0.005 — — 5040WB MERIDIAN-WB 0.005 — — 0.060 0.900 1,408 22/04/2022 0.030 0.005 — — 5040WC MERIDIAN-WC 0.010 — — 0.060 0.800 1,250 24/08/2024 0.310 0.030 0.035 0.030 7234WA MESB-WA 0.030 -0.005 65.9 0.165 0.300 100.00 27/12/2022 0.195 0.010 0.025 0.015 3069CH MFCB-CH 0.020 0.010 1782.1 4.000 4.800 23.00 07/08/2020 0.200 0.005 0.045 0.030 3069CI MFCB-CI 0.035 0.005 546.1 4.000 5.200 34.38 30/11/2020 0.570 0.085 0.120 0.110 3662WC MFLOUR-WC 0.115 0.005 876.8 0.395 0.680 101.27 23/01/2024 0.055 0.005 0.005 0.005 518615 MHB-C15 0.005 Unch 100 0.390 0.780 102.56 15/01/2021 0.385 0.035 0.085 0.055 5286CG MI-CG 0.070 0.010 9013.2 1.720 2.080 33.14 30/11/2020 0.520 0.070 0.150 0.100 5286CH MI-CH 0.125 0.025 6659.7 1.720 2.200 46.08 27/10/2020 0.375 0.040 0.110 0.060 5286CJ MI-CJ 0.085 0.015 1510 1.720 2.000 31.10 22/01/2021 0.135 0.025 0.050 0.035 5576WC MINHO-WC 0.045 Unch 2847.6 0.220 0.320 65.91 02/08/2021 0.125 0.035 0.050 0.050 381626 MISC-C26 0.050 0.010 80 7.550 8.880 22.25 21/09/2020 0.140 0.020 — — 9571WE MITRA-WE 0.040 — — 0.155 0.940 532.26 17/04/2023 0.015 0.005 — — 0085WA MLAB-WA 0.005 — — 0.015 0.090 533.33 24/04/2020 0.010 0.005 — — 0085WB MLAB-WB 0.005 — — 0.015 0.150 933.33 10/09/2020 0.005 0.001 — — 0103WA MNC-WA 0.005 — — 0.015 0.100 600.00 05/11/2021 0.025 0.005 — — 0070WA MQTECH-WA 0.005 — — 0.015 0.100 600.00 21/11/2021 0.370 0.050 0.085 0.065 1651WB MRCB-WB 0.070 Unch 2626.9 0.345 1.250 282.61 29/10/2027 0.040 0.005 0.010 0.005 0043WA MTRONIC-WA 0.010 0.005 131.2 0.025 0.080 260.00 16/04/2022 0.125 0.010 0.025 0.020 13884 MYEG-C84 0.025 0.010 753 0.930 1.200 37.10 28/07/2020 0.115 0.005 0.005 0.005 13885 MYEG-C85 0.005 -0.015 70 0.930 1.250 35.75 15/05/2020 0.140 0.005 0.020 0.015 13886 MYEG-C86 0.015 Unch 328 0.930 1.250 37.63 07/08/2020 0.110 0.005 0.025 0.015 13887 MYEG-C87 0.020 Unch 1658.6 0.930 1.200 37.63 12/10/2020 0.175 0.055 0.055 0.055 13888 MYEG-C88 0.055 -0.045 5 0.930 1.400 65.32 12/10/2020 0.175 0.025 0.055 0.035 13892 MYEG-C92 0.045 0.005 7896.2 0.930 1.200 38.71 30/11/2020 0.125 0.055 0.085 0.070 13893 MYEG-C93 0.075 0.010 765.6 0.930 1.700 106.99 15/01/2021 0.075 0.015 0.030 0.025 13894 MYEG-C94 0.030 0.005 2215 0.930 1.550 76.34 27/10/2020 0.285 0.050 0.070 0.060 0108WB N2N-WB 0.060 -0.005 252.3 0.410 0.830 117.07 08/01/2024 0.005 0.003 — — 0096WA NEXGRAM-WA 0.005 — — 0.005 0.100 2,000 16/05/2022 0.010 0.005 — — 0096WB NEXGRAM-WB 0.005 — — 0.005 0.260 5,200 21/07/2023 0.010 0.005 — — 0096WC NEXGRAM-WC 0.005 — — 0.005 0.100 2,000 15/01/2024 0.195 0.005 0.015 0.010 7241WA NGGB-WA 0.015 0.005 291.4 0.185 0.600 232.43 18/10/2020 0.045 0.010 0.020 0.015 7139WB NICE-WB 0.020 Unch 305 0.040 0.060 100.00 22/01/2024 0.095 0.010 0.020 0.010 7215WB NIHSIN-WB 0.015 Unch 3126.7 0.065 0.138 135.38 13/05/2022 0.930 0.150 0.420 0.310 0083WC NOTION-WC 0.395 0.045 5184.1 0.610 0.840 102.46 14/03/2023 0.145 0.005 0.020 0.010 0172WA OCK-WA 0.015 Unch 8212.1 0.400 0.710 81.25 15/12/2020 0.125 0.015 0.025 0.020 7071WD OCR-WD 0.020 Unch 372 0.225 0.220 6.67 18/02/2022 0.145 0.010 0.015 0.015 0079WA ORION-WA 0.015 Unch 650 0.035 0.170 428.57 26/07/2022 0.045 0.005 0.005 0.005 5053WC OSK-WC 0.005 Unch 10 0.319 1.200 277.74 22/07/2020 0.265 0.040 0.060 0.050 5260WA OWG-WA 0.050 -0.010 500.8 0.190 0.800 347.37 29/09/2023 0.150 0.005 0.010 0.005 5125WA PANTECH-WA 0.010 0.005 991.3 0.300 0.500 70.00 21/12/2020 0.305 0.040 0.070 0.050 1724WA PARAMON-WA 0.050 Unch 160.1 0.675 1.790 172.59 28/07/2024 0.085 0.025 — — 6912WA PASDEC-WA 0.025 — — 0.165 1.000 521.21 03/07/2023 0.050 0.010 0.020 0.015 7225WB PA-WB 0.020 Unch 751.2 0.040 0.060 100.00 17/12/2022 0.175 0.005 0.020 0.010 129540 PBBANK-C40 0.015 Unch 862 12.180 19.300 59.69 28/08/2020 0.190 0.005 0.020 0.020 129541 PBBANK-C41 0.020 0.010 180 15.720 19.800 27.48 28/07/2020 0.140 0.035 0.140 0.120 129545 PBBANK-C45 0.120 0.010 1923.2 15.720 18.280 25.45 09/10/2020 0.180 0.015 0.090 0.065 129546 PBBANK-C46 0.070 0.010 3003.8 15.720 18.500 23.03 15/01/2021 0.315 0.030 0.070 0.060 6068WA PCCS-WA 0.065 Unch 712 0.205 0.600 224.39 25/12/2022 0.013 0.005 — — 518337 PCHEM-C37 0.005 — — 0.720 7.800 987.85 26/03/2020 0.046 0.003 — — 518340 PCHEM-C40 0.005 — — 1.163 7.300 530.27 31/03/2020 0.105 0.005 0.025 0.025 518345 PCHEM-C45 0.025 Unch 64 4.510 7.200 62.42 11/09/2020 0.065 0.010 0.010 0.010 518347 PCHEM-C47 0.010 -0.005 795.1 4.510 6.500 45.23 30/10/2020 0.155 0.005 — — 518348 PCHEM-C48 0.005 — — 0.880 6.480 640.06 15/01/2021 0.045 0.010 0.015 0.015 518349 PCHEM-C49 0.015 0.005 20 4.510 6.500 46.78 30/11/2020 0.150 0.110 0.150 0.145 518350 PCHEM-C50 0.145 0.005 363.2 4.510 6.400 57.34 13/11/2020 0.015 0.005 — — 6254WB PDZ-WB 0.005 — — 0.015 0.100 600.00 29/01/2023 0.115 0.015 0.030 0.030 9997WB PENSONI-WB 0.030 Unch 10 0.200 0.600 215.00 20/01/2024 0.730 0.195 0.310 0.300 7160CA PENTA-CA 0.310 0.055 150 3.180 2.700 23.90 29/05/2020 0.650 0.030 0.135 0.065 7160CB PENTA-CB 0.105 0.050 421 3.180 2.920 5.03 29/05/2020 0.160 0.005 0.010 0.005 7160CK PENTA-CK 0.005 Unch 230 2.970 5.000 69.36 28/08/2020 0.355 0.015 0.055 0.055 7160CM PENTA-CM 0.055 Unch 20 3.180 5.280 71.23 19/06/2020 0.170 0.005 0.015 0.015 7160CN PENTA-CN 0.015 0.010 20 3.180 5.000 60.06 07/08/2020 0.215 0.005 0.015 0.010 7160CO PENTA-CO 0.015 0.010 1762 3.180 4.800 53.77 12/10/2020 0.250 0.005 0.025 0.015 7160CP PENTA-CP 0.015 0.005 254 3.180 4.500 44.34 26/08/2020 0.145 0.005 0.030 0.015 7160CQ PENTA-CQ 0.025 0.015 5381.2 3.180 5.500 77.67 15/01/2021 0.100 0.005 0.015 0.010 7160CR PENTA-CR 0.010 0.005 230.1 3.180 5.600 78.14 27/10/2020 0.145 0.025 0.040 0.040 7160CS PENTA-CS 0.040 -0.005 8.5 3.180 4.880 59.75 18/12/2020 0.185 0.020 0.065 0.060 6033CU PETGAS-CU 0.060 0.005 1.7 15.240 16.000 8.92 30/06/2020 0.190 0.050 0.070 0.070 9695WA PLS-WA 0.070 0.010 3 0.470 0.800 85.11 04/03/2030 1.650 0.640 0.750 0.750 7172WA PMBTECH-WA 0.750 0.050 1.5 2.620 3.010 43.51 12/07/2023 0.075 0.005 0.010 0.005 886937 PMETAL-C37 0.010 0.005 1629.4 3.000 5.200 75.00 22/01/2021 0.580 0.030 0.075 0.050 7088WB POHUAT-WB 0.065 0.010 107.9 0.775 1.000 37.42 21/10/2020 0.150 0.005 0.005 0.005 463447 POS-C47 0.005 Unch 130 0.650 1.300 102.31 09/11/2020 0.384 0.030 0.065 0.055 8966WA PRLEXUS-WA 0.060 -0.005 310 0.370 1.200 240.54 14/06/2021 0.100 0.015 0.030 0.025 5070WA PRTASCO-WA 0.025 -0.005 101 0.160 0.750 384.38 25/04/2023 0.065 0.005 0.005 0.005 0186WA PTRANS-WA 0.005 Unch 292 0.140 0.235 71.43 19/09/2020 0.350 0.025 — — 0007WA PUC-WA 0.025 — — 0.075 0.500 600.00 25/12/2024 0.890 0.235 0.460 0.365 7237WA PWROOT-WA 0.460 0.100 20.2 1.800 1.540 11.11 24/07/2023 0.155 0.050 0.055 0.055 7084CQ QL-CQ 0.055 0.005 50 7.150 7.500 11.43 07/08/2020 0.075 0.005 0.010 0.010 5256WA REACH-WA 0.010 Unch 1645.5 0.040 0.750 1,800 12/08/2022 0.800 0.215 0.410 0.315 0200WA REVENUE-WA 0.380 0.055 25148.5 0.945 0.750 19.58 14/01/2024 0.115 0.030 0.050 0.035 9954WB RGTBHD-WB 0.050 Unch 66.1 0.105 0.100 42.86 14/05/2023 0.105 0.020 0.030 0.025 8567WB SALCON-WB 0.025 Unch 590.4 0.115 0.300 182.61 19/07/2025 0.155 0.025 0.040 0.030 5218WA SAPNRG-WA 0.035 Unch 12865.1 0.075 0.490 600.00 23/01/2026 0.170 0.005 0.020 0.015 7247WA SCGM-WA 0.015 -0.005 145 0.975 3.960 307.69 31/07/2020 0.320 0.005 0.015 0.010 4731CG SCIENTX-CG 0.015 0.010 654 7.000 8.200 18.86 29/05/2020 0.140 0.030 0.030 0.030 4731CH SCIENTX-CH 0.030 -0.010 10 7.000 10.000 47.14 24/09/2020 0.135 0.010 0.020 0.020 4731CI SCIENTX-CI 0.020 0.005 100 7.000 9.600 39.43 07/12/2020 0.065 0.005 0.005 0.005 7158WB SCOMI-WB 0.005 Unch 75 0.015 0.210 1,333 18/02/2023 0.550 0.085 0.275 0.220 0001WA SCOMNET-WA 0.220 0.020 30.5 0.470 0.650 85.11 19/06/2024 0.045 0.005 — — 7073WC SEACERA-WC 0.010 — — 0.160 1.000 531.25 21/01/2021 0.290 0.005 0.015 0.010 5279C1 SERBADK-C1 0.015 Unch 4755.8 1.340 2.000 51.49 07/12/2020 0.160 0.005 0.005 0.005 5279C6 SERBADK-C6 0.005 Unch 200 0.635 2.500 295.28 22/01/2021 0.260 0.005 0.005 0.005 5279CW SERBADK-CW 0.005 -0.090 1 0.072 2.181 2,941 31/03/2020 0.245 0.005 0.010 0.010 5279CY SERBADK-CY 0.010 Unch 295.1 1.340 2.071 56.00 28/08/2020 0.215 0.005 0.005 0.005 5279CZ SERBADK-CZ 0.005 Unch 52.3 0.423 2.286 441.54 30/07/2020 0.605 0.105 0.180 0.150 5279WA SERBADK-WA 0.175 0.015 21160.6 1.340 2.620 108.58 05/12/2024 0.090 0.015 0.020 0.015 7246WA SIGN-WA 0.015 Unch 280 0.260 0.970 278.85 21/04/2021 0.085 0.005 0.010 0.010 419740 SIME-C40 0.010 0.005 240 1.720 2.350 38.37 09/11/2020 0.035 0.010 0.015 0.015 419741 SIME-C41 0.015 0.005 100 1.720 2.200 30.09 30/11/2020 0.055 0.035 0.055 0.055 419742 SIME-C42 0.055 0.010 199.8 1.720 2.000 25.87 18/12/2020 0.210 0.010 0.045 0.030 5285CL SIMEPLT-CL 0.030 Unch 82.1 4.700 4.650 2.13 30/04/2020 0.165 0.010 0.045 0.035 5285CM SIMEPLT-CM 0.035 Unch 1.6 4.700 5.150 13.30 09/11/2020 0.080 0.060 0.060 0.060 5285CN SIMEPLT-CN 0.060 Unch 0.4 4.700 5.350 20.21 30/10/2020 0.070 0.015 0.070 0.065 5285CO SIMEPLT-CO 0.065 -0.005 402.2 4.700 5.300 21.06 20/11/2020 0.110 0.005 0.005 0.005 5288CR SIMEPROP-CR 0.005 -0.030 100 0.530 0.850 62.26 07/08/2020 0.150 0.005 0.005 0.005 7155CU SKPRES-CU 0.005 Unch 150 0.700 1.280 84.86 21/09/2020 0.110 0.010 0.025 0.025 9776WC SMCAP-WC 0.025 0.015 40 0.080 0.200 181.25 29/08/2023 0.100 0.005 0.015 0.010 0203WA SMETRIC-WA 0.015 Unch 2663.5 0.060 0.160 191.67 21/01/2023 0.145 0.040 0.075 0.060 5242WA SOLID-WA 0.065 -0.005 8830.3 0.260 0.210 5.77 16/12/2020 0.185 0.035 0.055 0.045 0080WA STRAITS-WA 0.045 -0.005 1265.4 0.140 0.115 14.29 10/08/2022 0.040 0.005 — — 1201WA SUMATEC-WA 0.005 — — 0.005 0.320 6,400 03/03/2021

Main Market & Ace Market Warrants

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MarketsW O R L D I N D E X . C O M M O D I T I E S . F U T U R E S

THURSDAY MARCH 26, 2020 • THEED G E FINANCIAL DAILY 2 3

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

ASX 200Index points

4,686.53

Mar 1, 2010 Mar 25, 2020

4,998.10+262.40

(+5.54%)

3480

4405

5330

6255

7180

Shanghai CompositeIndex points

3,087.842

Mar 1, 2010 Mar 25, 20201900

2875

3850

4825

5800

2,781.59+59.15

(+2.17%)

Dow JonesIndex points

10,403.79

Mar 1, 2010 Mar 24, 2020

20,704.91+2,112.98(+11.37%)

9780

14830

19880

24930

29980

Euro STOXX 50 IndexIndex points

2,772.70

Mar 1, 2010

2,715.11+229.57

(+9.24%)

Mar 24, 20201960

2445

2930

3415

3900

0.450 0.195 0.245 0.230 5211WB SUNWAY-WB 0.235 0.005 319.3 1.520 1.720 28.62 03/10/2024 0.125 0.020 0.030 0.030 710672 SUPERMX-C72 0.030 Unch 1327 1.500 1.600 12.67 29/05/2020 0.120 0.010 0.025 0.015 710674 SUPERMX-C74 0.020 Unch 747.1 1.500 1.780 21.33 08/05/2020 0.130 0.010 0.025 0.020 710676 SUPERMX-C76 0.025 Unch 604 1.500 1.700 18.00 22/05/2020 0.230 0.040 0.120 0.105 710677 SUPERMX-C77 0.110 0.015 225.6 1.500 1.500 14.67 30/09/2020 0.190 0.035 0.060 0.050 710678 SUPERMX-C78 0.055 Unch 3984.9 1.500 1.680 19.33 12/10/2020 0.160 0.030 0.040 0.035 710679 SUPERMX-C79 0.035 -0.005 214 1.500 1.750 22.50 19/06/2020 0.430 0.005 0.275 0.245 710680 SUPERMX-C80 0.255 0.025 354.2 1.500 1.250 8.83 30/10/2020 0.170 0.075 0.090 0.090 710681 SUPERMX-C81 0.090 0.010 364 1.500 1.600 23.47 27/10/2020 0.180 0.075 0.105 0.090 710683 SUPERMX-C83 0.100 0.020 235.4 1.500 1.700 23.33 30/10/2020 0.135 0.050 0.065 0.055 710685 SUPERMX-C85 0.060 Unch 362 1.500 1.650 22.00 20/11/2020 0.100 0.040 0.040 0.040 710686 SUPERMX-C86 0.040 Unch 10 1.500 1.900 34.67 27/10/2020 0.165 0.005 0.085 0.075 710687 SUPERMX-C87 0.080 0.005 600 1.500 1.800 33.33 22/01/2021 0.035 0.005 0.005 0.005 1538WB SYMLIFE-WB 0.005 -0.005 417 0.285 0.790 178.95 11/11/2020 0.150 0.005 0.005 0.005 6139CK TAKAFUL-CK 0.005 Unch 100 2.980 6.000 102.35 30/07/2020 0.080 0.005 0.015 0.010 6139CM TAKAFUL-CM 0.015 0.005 170 3.550 5.300 51.83 30/11/2020 0.030 0.005 0.010 0.005 2429WB TANCO-WB 0.010 Unch 634.9 0.025 0.050 140.00 23/08/2021 0.295 0.080 0.130 0.095 5289WA TECHBND-WA 0.130 0.025 42.8 0.550 0.760 61.82 24/02/2025 0.165 0.010 0.010 0.010 534760 TENAGA-C60 0.010 -0.005 1.1 8.094 12.800 59.38 30/04/2020 0.135 0.010 0.020 0.010 534762 TENAGA-C62 0.010 -0.010 11 6.070 14.880 147.12 30/06/2020 0.080 0.005 0.005 0.005 534765 TENAGA-C65 0.005 Unch 190 4.127 14.200 245.29 30/06/2020 0.120 0.010 0.050 0.045 534770 TENAGA-C70 0.045 Unch 42 12.100 13.200 13.55 09/11/2020 0.070 0.015 0.040 0.040 534771 TENAGA-C71 0.040 0.015 35 12.100 13.000 10.08 30/10/2020 0.140 0.060 0.135 0.130 534772 TENAGA-C72 0.130 -0.005 320 12.100 13.000 19.26 11/09/2020 0.125 0.045 0.095 0.095 534773 TENAGA-C73 0.095 0.005 10 12.100 12.880 14.30 30/11/2020 0.150 0.010 0.020 0.010 7889WB THRIVEN-WB 0.010 -0.005 1672.1 0.155 0.480 216.13 05/10/2020 0.025 0.005 — — 7079WC TIGER-WC 0.005 — — 0.050 0.320 550.00 11/02/2021 0.485 0.095 0.180 0.175 486343 TM-C43 0.180 0.015 0.2 3.410 2.800 3.23 31/03/2020 0.230 0.005 0.005 0.005 486348 TM-C48 0.005 Unch 100 1.715 3.750 120.12 30/04/2020 0.135 0.005 — — 486356 TM-C56 0.005 — — 0.310 4.200 1,263 30/06/2020 0.155 0.010 0.020 0.010 7285WA TOMYPAK-WA 0.020 Unch 34.1 0.350 0.930 171.43 21/06/2021 0.270 0.040 0.185 0.170 711357 TOPGLOV-C57 0.180 0.015 672.7 6.200 5.180 0.97 30/06/2020 0.365 0.050 0.275 0.265 711360 TOPGLOV-C60 0.265 Unch 135 6.200 4.880 0.08 08/05/2020 0.310 0.040 0.205 0.195 711362 TOPGLOV-C62 0.205 0.010 33.1 6.200 5.180 0.08 10/04/2020 0.395 0.045 0.310 0.285 711363 TOPGLOV-C63 0.300 0.015 1138.4 6.200 4.750 0.81 30/07/2020 0.385 0.085 0.300 0.300 711364 TOPGLOV-C64 0.300 Unch 10 6.200 4.650 1.61 26/08/2020 0.470 0.175 0.390 0.355 711365 TOPGLOV-C65 0.385 0.015 1910.9 6.200 4.500 3.63 07/12/2020 0.450 0.200 0.375 0.360 711366 TOPGLOV-C66 0.365 0.005 342.6 6.200 4.500 2.02 30/10/2020 0.155 0.065 0.120 0.105 711368 TOPGLOV-C68 0.115 0.005 2609.3 6.200 6.200 16.69 27/10/2020 0.165 0.075 0.125 0.125 711369 TOPGLOV-C69 0.125 Unch 91.5 6.200 6.880 27.10 18/12/2020 0.230 0.095 0.180 0.165 711370 TOPGLOV-C70 0.175 Unch 504.5 6.200 5.600 10.08 30/11/2020 0.275 0.135 0.220 0.205 711371 TOPGLOV-C71 0.215 0.005 617.2 6.200 5.880 15.65 15/01/2021 0.190 0.070 0.140 0.130 711372 TOPGLOV-C72 0.140 0.005 422.9 6.200 5.880 10.65 20/11/2020 0.010 0.005 — — 0118WB TRIVE-WB 0.005 — — 0.010 0.090 850.00 28/08/2020 0.075 0.005 0.005 0.005 514872 UEMS-C72 0.005 Unch 10 0.320 0.980 209.38 07/09/2020 0.090 0.010 0.010 0.010 0060WB VC-WB 0.010 Unch 50 0.030 0.150 433.33 06/05/2024 0.115 0.005 0.005 0.005 524330 VELESTO-C30 0.005 Unch 10 0.110 0.350 222.73 30/10/2020 0.170 0.025 0.045 0.035 5243WA VELESTO-WA 0.035 -0.005 1045 0.110 0.395 290.91 18/10/2024 0.600 0.040 0.140 0.070 7240WA VERTICE-WA 0.110 0.045 115.7 0.265 0.500 130.19 31/03/2024 0.470 0.090 0.145 0.115 0120WB VIS-WB 0.125 Unch 4079.5 0.255 0.750 243.14 16/11/2022 0.180 0.020 0.025 0.020 0097CP VITROX-CP 0.025 Unch 180 7.060 8.880 28.61 21/09/2020 0.010 0.005 0.005 0.005 0069WE VIVOCOM-WE 0.005 Unch 7.1 0.015 0.050 266.67 22/08/2023 0.670 0.035 0.055 0.040 7070WC VIZIONE-WC 0.045 -0.055 914 0.270 0.700 175.93 05/02/2022 0.160 0.005 0.010 0.010 696327 VS-C27 0.010 0.005 2428 0.750 1.300 76.67 07/12/2020 0.270 0.080 0.115 0.105 3565WF WCEHB-WF 0.115 0.005 144.5 0.175 0.390 188.57 18/11/2029 0.200 0.005 0.005 0.005 9679WE WCT-WE 0.005 Unch 0.2 0.360 2.080 479.17 27/08/2020 0.290 0.050 0.095 0.070 0162WA WIDAD-WA 0.085 Unch 1473.7 0.290 0.350 50.00 05/08/2023 0.150 0.040 0.050 0.050 7245WA WZSATU-WA 0.050 0.005 70.4 0.100 0.380 330.00 28/10/2024 0.025 0.005 0.005 0.005 5156WD XDL-WD 0.005 Unch 256 0.110 0.180 68.18 17/01/2022 0.140 0.005 0.005 0.005 7293C2 YINSON-C2 0.005 Unch 1035.1 2.550 6.750 166.08 29/05/2020 0.220 0.010 0.035 0.030 7293C7 YINSON-C7 0.035 0.015 135 5.090 6.250 26.92 30/10/2020 0.195 0.015 0.035 0.035 7293C8 YINSON-C8 0.035 0.010 179.9 5.090 6.800 38.41 27/10/2020 0.020 0.005 — — 7020WB YKGI-WB 0.005 — — 0.070 0.500 621.43 28/05/2020 0.175 0.005 — — 7066WA YONGTAI-WA 0.005 — — 0.045 0.500 1,022 24/06/2020 0.090 0.005 0.010 0.010 674211 YTLPOWR-C11 0.010 -0.005 200 0.565 0.650 19.47 07/08/2020

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

Index futures

FUTURES FAIR VALUECONTRACT DAYS TO EXPIRY KLIBOR DIVIDEND FAIR VALUE

FUTURES ROLL OVER BID OFFER CLOSE

MAR/APR -3.5 -4.5 -4.0

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

CPO futures

APR/MAY 65APR/JUN 100APR/JUL 125MAY/JUN 35

CPO FUTURES INDICATIVE ROLL-OVER

CPO/SOYOIL FUTURES BASIS (USD)CURRENT -119.573 MONTHS AVERAGE -118.946 MONTHS AVERAGE -118.91

OPEN CHANGE INCONTRACT LAST CHANGE VOLUME INTEREST OPEN INTEREST

APR-20 2,487 86 153 3,418 -403MAY-20 2,430 45 1,832 23,203 -1,319JUN-20 2,387 34 26,953 67,669 221JUL-20 2,360 31 9,802 36,150 -2,059AUG-20 2,335 21 6,213 19,687 -600

Palm oil rallies on supply concerns

SGS & ITS EXPORT ESTIMATES (TONNES)SHIPMENT DAYS

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

DEC’19 JAN’20 FEB’20

377/367 457/456 323/364 572/552 585/569 529/512 838/820 766/739 744/820 1,067/1,067 1,015/1,012 970/981 1,325/1,349 1,220/1,232 1,076/1,082

MALAYSIAN PALM OIL BOARD

PRODUCTIONEXPORT STOCKS

FKLI

Index points Open Interest

Jan 4, 2010

2000

24000

46000

68000

90000

1100

1320

1540

1760

19801,329.50

(+47.00)

Mar 25, 2020

CPO futures

FBM KLCI futures

Malaysian palm oil futures ended higher yesterday driven by supply concerns after the country extended its Movement Control Order (MCO) a day after suspending some palm operations, and as higher soyoil prices lended support. Th e benchmark palm oil contract for June delivery on Bursa Malaysia Derivatives closed up RM34 or 1.44% to RM2,387 per tonne. Th e contract surged as much as 3% during the session after Malaysia annouced that it will extend its 14-day MCO to a month. Palm oil had gained 2.71% on Tuesday on news that Malaysia’s largest palm oil-producing state, Sabah, ordered the temporary closure of plantations and factories in three districts after seven workers tested positive for the virus. The closure may affect up to 50% of planted area in the state and reduce March production fi gure by 2.8%, or 39,500 tonnes, said Ivy Ng, regional head of plantations research at CGS-CIMB, in a note to clients. “However, should planters that operate in these districts be allowed to resume work from April 1, they will be able to recover some of the unharvested fruits, which could fl ow into production fi gures in April,” Ng said. Malaysia’s March 1 to March 25 exports fell between 11.7% and 13.6% on weak demand due to global lockdowns, according to data by cargo surveyors yesterday. — Reuters

NOV’19 DEC’19 JAN’20 FEB’20

1,845 1,808 1,166 1,290 1,375 1,383 1,214 1,080 3,007 3,215 1,755 1,680

MPOB FFB REF PRICE (MILL GATE PRICE)

NORTH 20.00% 480 19.00% 457 18.00% 434SOUTH 20.00% 485 19.00% 462 18.00% 439CENTRAL 20.00% 484 19.00% 461 18.00% 438EAST COAST 20.00% 482 19.00% 459 18.00% 436SABAH 22.00% 469 21.00% 448 20.00% 428SARAWAK 22.00% 474 21.00% 452 20.00% 431

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

(IN RM/TON) MAR’20 APR’20 MAY’20

CPO DELD 2,403.00 2,400.00 NO TRADEPK EX-MILL NO TRADE NO TRADE NO TRADECPKO DELD 2,893.50 NO TRADE NO TRADERBD P.OIL FOB NO TRADE NO TRADE NO TRADERBD P.OLEIN FOB NO TRADE NO TRADE NO TRADERBD P. STEARIN FOB NO TRADE NO TRADE NO TRADE

MPOB palm oil physical

impact of the Covid-19 pandemic boosted investor sentiment around the world. — Agencies

CPO & Open Interest

CPO RM/tonne Open Interest

Jan 6, 2008 Mar 25, 2020

10000

57500

105000

152500

200000

1200

1950

2700

3450

4200

2,387(+34)

CPO vs Soyoil

CPO RM/tonne Soyoil US$/Ibs

Jan 6, 2008 Mar 25, 2020

0.2712(RM2,622/tonne)

2,387(+34) 0.000

0.175

0.350

0.525

1100

2425

3750

5075

6400 0.700

The FBM KLCI futures contracts on Bursa Malaysia Derivatives closed higher yesterday, backed by the strong performance in the underlying cash market. At the closing bell, spot month March 2020 added 47 points to 1,329.5; April 2020 hiked up 51 points to 1,327; June 2020 climbed 45 points to 1,315; while September 2020 increased 48 points higher at 1,312.5. Turnover rose to 22,562 lots from 18,036 lots on Tuesday, and open interest widened to 50,002 contracts from 46,656 contracts previously. Th e KLCI ended 33.36 points higher at 1,324.5. Southeast Asian stock markets rose sharply yesterday as a massive US fi scal stimulus package to rein in the economic

KLCI futures rise backed by strong cash market

Long Rolls - KLCI futures

Index points

Jan 4, 2010

-4.00(+2.50)

Mar 25, 2020

-35.00

-21.75

-8.50

4.75

18.00

FBMKLCI 1,324.50 33.36 199.9M MAR 20 1,329.50 47.00 18,358 42,545 -1,698APR 20 1,327.00 51.00 3,750 6,279 523JUN 20 1,315.00 45.00 278 704 -18SEP 20 1,312.50 48.00 176 474 20TOTAL 22,562 50,002 -1,173

MAR 20 7 0.57 9.06 -8.49APR 20 37 3.43 10.14 -6.71ROLL’S FAIR 1.77

World index

Rubber - M’sia SMR 20

Sen/Kg

Jan 7, 2007 Mar 25, 2020

200

625

1050

1475

1900

490.00(+2.00)

Centrifuged Latex

Sen/Kg

Jan 7, 2007

425.00(+3.00)

Mar 25, 2020

300

500

700

900

1100

Crude Oil

US$/bbl

Apr 10, 2007 Mar 25, 2020

23.43(-0.58)

10.00

46.25

82.50

118.75

155.00

Gold

US$/troy oz

Aug 31, 2008 Mar 25, 2020

700

1020

1340

1660

19801,624.10

(-36.70)

Commodities

Page 25: THURSDAY MARCH 26, 2020 ISSUE 3095/2020 FINANCIAL DAILY - The Edge · 2020-03-25 · 2 THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY For breaking news updates go to ON EDGE

THURSDAY MARCH 26, 2020 • THEEDGE FINANCIAL DAILY 2 4

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

RESEARCH: TAI TS [[email protected]]

CONTRACT SETTLEMENT CHANGE HIGH LOW

KLCI CHANGE CLOSE VOLUME POINTS (RM) (RM) ('000)K.LUMPUR KEPONG 3.36 1.960 20.660 386.8PUBLIC BANK 2.95 0.480 15.720 8307.5PETRONAS CHEMICAL 2.66 0.210 4.510 7111.6TENAGA NASIONAL 2.52 0.280 12.100 4516.9IHH HEALTHCARE 2.50 0.180 5.100 1553.3PPB GROUP 2.21 0.980 16.900 397.9MAXIS 2.11 0.170 5.340 2267.6DIGI.COM 1.85 0.150 4.150 3204.3DIALOG GROUP 1.34 0.150 3.080 8918.2CIMB GROUP 1.26 0.080 3.520 30254.9HAP SENG CONSOLIDATED 1.18 0.300 7.800 676.5GENTING 1.17 0.190 3.450 15622.7PETRONAS GAS 1.07 0.340 15.240 797.7PETRONAS DAGANG 0.94 0.600 20.000 169.4IOI CORPORATION 0.90 0.090 3.750 1505.8HONG LEONG FINANCIAL 0.80 0.440 13.440 168.1SUB-TOTAL 28.82 OTHERS 4.54 GRAND TOTAL 33.36

1,333.00 1,290.50 1,329.00 1,284.50 1,319.50 1,277.50

Market movers

DOW JONES 20,704.91 2,112.98S&P 500 2,447.33 209.93NASDAQ 100 7,553.83 546.91FTSE 100 5,446.01 452.12AUSTRALIA 4,998.10 262.40CHINA 2,781.59 59.15HONG KONG 23,527.19 863.70INDIA 28,535.78 1,861.75

INDONESIA 3,937.63 -51.89JAPAN 19,546.63 1,454.28KOREA 1,704.76 94.79PHILIPPINES 5,027.76 253.49SINGAPORE 2,505.47 143.42TAIWAN 9,644.75 359.13THAILAND 1,080.03 46.19VIETNAM 690.25 31.04

CLOSE CHANGE CLOSE CHANGE

World equity indices

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

Daily top 20 active stocks

CARLSBG 23.500 2.000KLK 20.660 1.960HEIM 21.700 1.040NESTLE 135.500 1.000PPB 16.900 0.980DLADY 40.040 0.840FANG-2XL 3.270 0.610PETDAG 20.000 0.600HSI-HAL 2.010 0.580LPI 11.100 0.520PANAMY 24.400 0.500SCIENTX 7.000 0.500

SP500-HJ 2.820 -0.550SP500-HL 2.130 -0.540FANG-1XI 3.530 -0.530BLDPLNT 5.060 -0.440HSI-H8T 1.940 -0.400SP500-HK 1.620 -0.320F&N 29.700 -0.300HSI-HAA 1.540 -0.300HSI-HAJ 1.580 -0.300HSI-H8S 0.660 -0.290HSI-HAF 1.220 -0.280HSI-HAQ 0.630 -0.270

Top gainers and losers (ranked by RM)

 HIBISCS-C2 0.315 687.50GCB-CI 0.050 400.00PBBANK-C42 0.020 300.00FBMKLCI-C7P 0.015 200.00PENTA-CN 0.015 200.00PENTA-CO 0.015 200.00SCIENTX-CG 0.015 200.00FIHB-PA 0.050 150.00IHH-C15 0.025 150.00PENTA-CQ 0.025 150.00SMCAP-WC 0.025 150.00DRBHCOMC99 0.035 133.33

SERBADK-CW 0.005 -94.74DRBHCOMC98 0.005 -90.00SIMEPROP-CR 0.005 -85.71HSI-H8U 0.025 -84.38KERJAYA-CM 0.025 -83.33FRONTKN-CJ 0.020 -82.61MYEG-C85 0.005 -75.00GAMUDA-C68 0.005 -66.67VIZIONE-WC 0.045 -55.00HSI-H8Y 0.140 -53.33ASTRO-C20 0.005 -50.00FBMKLCI-C9A 0.005 -50.00

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

UP CHANGE CLOSE (RM)

DOWN CHANGE CLOSE (RM)

Top gainers and losers (ranked by percentage)

FBM KLCI & KLCI futures intraday

Daily FBM KLCI

FBM KLCI sensitivity*

FBM KLCI futures

HIBISCS-C2 0.315 687.50GCB-CI 0.050 400.00PBBANK-C42 0.020 300.00FBMKLCI-C7P 0.015 200.00PENTA-CN 0.015 200.00PENTA-CO 0.015 200.00SCIENTX-CG 0.015 200.00FIHB-PA 0.050 150.00IHH-C15 0.025 150.00PENTA-CQ 0.025 150.00SMCAP-WC 0.025 150.00DRBHCOMC99 0.035 133.33

SERBADK-CW 0.005 -94.74DRBHCOMC98 0.005 -90.00SIMEPROP-CR 0.005 -85.71HSI-H8U 0.025 -84.38KERJAYA-CM 0.025 -83.33FRONTKN-CJ 0.020 -82.61MYEG-C85 0.005 -75.00GAMUDA-C68 0.005 -66.67VIZIONE-WC 0.045 -55.00HSI-H8Y 0.140 -53.33ASTRO-C20 0.005 -50.00FBMKLCI-C9A 0.005 -50.00

UP CHANGE CLOSE (%)

DOWN CHANGE CLOSE (%)

Top gainers and losers - warrants (ranked by percentage)

DSONIC-WA 82,256 26.19 0.055 0.265 0.270 0.215HSI-C9J 78,077 42.86 0.075 0.250 0.255 0.190GAMUDA-WE 39,800 7.69 0.005 0.070 0.090 0.055HSI-H8M 36,685 -23.39 -0.200 0.655 0.780 0.655LKL 31,029 50.00 0.065 0.195 0.205 0.145RGB 30,639 23.81 0.025 0.130 0.135 0.110REVENUE-WA 25,149 16.92 0.055 0.380 0.410 0.315SERBADK-WA 21,161 9.38 0.015 0.175 0.180 0.150JCY 20,146 25.00 0.040 0.200 0.215 0.160HSI-C7N 19,891 100.00 0.035 0.070 0.070 0.040HSI-C9S 17,711 30.00 0.090 0.390 0.395 0.325MTAG 17,057 17.39 0.040 0.270 0.275 0.225KANGER 16,919 7.69 0.005 0.070 0.080 0.065FBMKLCI-H8R 15,012 -13.46 -0.035 0.225 0.260 0.205MEDIA 13,680 4.00 0.005 0.130 0.130 0.125SAPNRG-WA 12,865 0.00 0.000 0.035 0.040 0.030

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

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

UNUSUAL MARKET ACTIVITIES

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

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Moving average - 20-dayKL Composite Index

Volume (’mil)

Jan 2, 2008 Mar 25, 2020

1,324.50(+33.36)

1,381.76

820.0

1122.5

1425.0

1727.5

2030.0

0

300

600

900

1290.0

1295.4

1300.8

1306.2

1311.6

1317.0

1322.4

1327.8

1333.2

1338.6

1344.0

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

Index point

KL Composite Index

KLCI futures

1,329.50(+47.00)

1,324.50(+33.36)

MAR 20 1,329.50 47.00APR 20 1,327.00 51.00JUN 20 1,315.00 45.00

To acquire knowledge, one must study; but to acquire wisdom, one must observe. — Marilyn Vos Savant

HIBISCS 140,718.4 0.020 6.45 0.330 3.34 0.00ARMADA 121,082.8 0.010 8.00 0.135 12.50 1.07VELESTO 118,363.8 0.005 4.76 0.110 25.61 0.00AIRASIA 102,645.9 0.110 17.46 0.740 — 38.10SAPNRG 85,173.5 UNCH UNCH 0.075 — 2.44DSONIC-WA 82,256.2 0.055 26.19 0.265 — 0.00MYEG 79,466.5 0.045 5.08 0.930 12.46 2.15EKOVEST 78,975.9 0.010 2.74 0.375 6.23 2.74HSI-C9J 78,077.2 0.055 28.21 0.250 — 0.00DSONIC 64,725.7 0.110 17.60 0.735 14.14 4.80PERDANA 63,306.6 UNCH UNCH 0.130 — 0.00JAKS 61,264.6 0.020 2.80 0.735 3.89 0.00SANICHI 57,402.8 UNCH UNCH 0.045 — 0.00UWC 56,097.5 0.140 8.92 1.710 25.00 1.27KNM 55,188.0 UNCH UNCH 0.110 5.64 0.00CMSB 53,592.6 -0.010 -1.12 0.885 5.99 8.27VC 48,623.1 0.005 20.00 0.030 — 0.00XDL 47,039.4 0.005 4.76 0.110 11.17 0.00FPGROUP 46,826.1 0.020 4.17 0.500 16.33 2.50LAMBO 45,825.8 UNCH UNCH 0.010 2.08 0.00

KUALA LUMPUR: The FBM KLCI closed higher for the second consecutive day yesterday, riding on the optimism in global equities and as bargain hunting continued from the heavy sell-off earlier this month. Th e KLCI rose 33.36 points or 2.58% at 1,324.5, after having touched an intraday high of 1,341.86 in the morning session. Gainers among component stocks were led by Kuala Lumpur Kepong Bhd, Nestle (M) Bhd and PPB Group Bhd, while RHB Bank Bhd and MISC Bhd slipped. Th e broader market saw active trade with 4.33 billion shares worth RM2.83 billion exchanging hands. Overall, gainers led decliners by 641 versus 267, while 356 counters closed unchanged. Mid-cap stocks led the rally with the FBM Mid 70 Index — representing the 70 biggest companies after KLCI constituents — up 3.44% while the Small Cap Index rose 3.93%. Consumer counters led the gainers’ list and they included Carlsberg Brewery (M) Bhd, followed by KLK, Heineken (M) Bhd and Nestle. Decliners were led by structured warrants SP500-HJ, SP500-HL and FANG-1XI, while BLD Plantation Bhd, Fraser & Neave Bhd and Negri Sembilan Oil Palms Bhd were major losers. Meanwhile energy stocks — which saw a sector-wide rebound — topped the active counters list, led by Hibiscus Petroleum Bhd, Bumi Armada Bhd and Velesto Energy Bhd. — by Adam Aziz

KLCI closes higher on bargain hunting, global uptrend

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KLCI 1,324.50 33.36 FBM ACE 3,658.27 106.12 FTSTI 2,505.47 143.42 NIKKEI 19,546.63 1,454.28 HANG SENG 23,527.19 863.70 DOW JONES 20,704.91 2,112.98