16 mar 2016 interpac report

8/19/2019 16 Mar 2016 Interpac Report

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est Wi

Berjaya

No 1, Jal

55100 K

el: (03)

Fax: (03

BURSA MALAYSIA Index

FBM-KLCI

FBM-ACE

Volume: Tot

Volume: FB

Total Value

Gainers

Losers

Unchanged

FTSE-BURSA

MALAYSIA

Index

FBM 70

FBM 100

FBM Palm O

FBM SmallC

FBM Emas

FBM Fledgli

WORLDIndex

FBM-KLCI

Dow Jones

Nasdaq

FTSE

Nikkei 225

Hang Seng

Korea Kospi

Singapore S

Thailand SE

Jakarta

Shanghai

Shenzen

KLCI FUTURESWee

Index Low

FBM-KLCI 1,676.93 1

FKLI – Mar 16 1,677.00 1

FKLI – Apr 16 1,673.00 1

FKLI – Jun 16 1,660.00 1

FKLI – Sept 16 1,653.00 1

Malay

ing, Leve 13,

Times Square,

lan Imbi,

uala Lumpur

21171888

) 21427678

For Internal

KDN PP 8927

WED

16 M

Closing Pts Chg

1,690.92 (9.39) (

5,563.8 (7.91) (

al (mil units): 1,524.6 (190.54) (1

-ACE (mil units): 254.6 (33.90) (1

RM'mil) 1,703.7 (110.68) (

409

381

363

Closing Pts Chg

12,966.1 35.44

11,426.8 (40.91) (

il 16,953.7 (68.17) (

p 15,267.5 15.05

11,719.6 (38.69) (

g 15,744.1 63.90

52-weekLow High Closing Pts Chg

1,504 1,868 1,691 (9) (

15,370 18,351 17,252 22

4,210 5,232 4,729 (22) (

5,500 7,123 6,140 (35) (

14,866 20,953 17,117 (117) (

18,279 28,589 20,289 (147) (

1,801 2,190 1,970 (2) (

I 2,529 3,550 2,839 (8) (

1,221 1,575 1,383 (11) (

4,034 5,524 4,850 (28) (

2,638 5,178 2,864 5

1,574 3,157 1,729 (16) (

Yesterday Premium/

OpHigh Closing % Chg Discount Volume

,708.10 1,690.92 (0.55) - 110 Million

,709.00 1,689.50 (0.73) (1.42) 5,919 3

,703.00 1,684.50 (0.80) (6.42) 523 1

,692.50 1,676.00 (0.74) (14.92) 26

,682.00 1,668.00 (0.60) (22.92) 4

ia Corporate News

of 5

Circulation Only

07/2013(032977)

ESDAY

R 2016

Chg

0.55)

0.14)

1.11)

1.75)

6.10)

Chg

0.27

0.36)

0.40)

0.10

0.33)

0.41

Chg

0.55)

0.13

0.45)

0.56)

0.68)

0.72)

0.12)

0.27)

0.81)

0.57)

0.17

0.93)

en Int

-

5,726

,852

244

80



♦ The Dow Jones Industrial Average rose 22.40 poi

The Dow Jones Industrial Average rose 22.40 p

4,728.67. Benchmark U.S. crude shed 84 cents t

percent. Gold prices slipped from RM166.20 per

tonne to RM2,611 per tonne.

♦ Bison Consolidated fixes institutional and final re

Bison Consolidated Bhd announced that upon clo

Final Retail Price for its IPO have been fixed, as bel

§

INSTITUTIONAL PRICE – RM1.10 PER SHARE

§ FINAL RETAIL PRICE – RM1.10 PER SHARE

Bursa Malaysia

♦ Digistar Corporation fixes issue price of Private Pl

Digistar Corporation Bhd fixed the issue price fo

each in Digistar at RM0.143 per Placement Share.

day weighted average market price of Digistar sha

Bursa Malaysia

♦ Scomi Engineering gets three notices from Prasar

Scomi Engineering Bhd announced that its solicit

Mar 2016 from Prasarana Malaysia Bhd’s solicit

purported notices dated 4 Jan 2016 and 18 Feb 2

terminate the KL Monorail Expansion Contract. T

Malaysia Bhd has, in effect, admitted that these

Monorail Expansion Contract.

The company will be contesting both the validity

on 9 Mar 2016, which purports to be a Notice to

pursuant to that letter. Bursa Malaysia

ECONOMIC NEWS

CORPORATE NEWS

WE

16

ts to 17,251.53

oints to 17,251.53. The Nasdaq Composite index gave

o $36.34 a barrel in New York. The 10-Year U.S Treasur

gram to RM164.60 per gram. Palm oil futures ascended

tail price for its IPO

sing of the Institutional Offering on 15 Mar 2016 the Institu

ow:

acement at RM0.143 each

the Private Placement comprising 45.604mil new ordinar

The issue price of RM0.143 per share represents a discoun

res up to and including 14 Mar 2016 of RM0.1578 per Digis

ana since January

rs, Messrs Lee Hishammuddin Allen & Gledhill, has receiv

ors stating that Prasarana Malaysia Bhd will not be relyi

016 and further gave an undertaking that it will not rely o

he company has been advised by its solicitors that by this

2 notices are defective and will not be used as a basis t

f Prasarana Malaysia Bhd’s letter dated 8 Mar 2016 receiv

Remedy, and any attempt to terminate the KL Monorail

of 5

NESDAY

AR 2016

p 21.61 points to

note rose to 1.97

from RM2,593 pe

tional Price and the

y shares of RM0.10

t of 9.38% to the 5

ar share.

d a letter dated 11

ing on its 2 earlie

these 2 notices to

conduct Prasarana

o terminate the KL

ed by the company

Expansion Contrac



♦ TRC Synergy bags RM88mil KLIA sub-contract

TRC Synergy Bhd’s wholly-owned subsidiary, Tran

Air Traffic Systems (M) S/B, in relation to the su

Control Centre (New KL ATCC) Building and Assoc

(Contract No, :AAT/TRC/NEWKLATCC/SC/2015) fo

♦ BLD Plantation buys Pekan Semangat for RM155.

BLD Plantation Bhd entered into a Share Sale Ag

Sing Shang to acquire from the Vendors the en

Semangat S/B for a cash consideration of RM155.

registered and beneficial owner of 1.68mil issued

Agrogreen Ventures S/B.

Agrogreen is in the business of oil palm plantation

lease of State lands, totaling 5,442 hectares situat

i)

Lot 18, Block No. 2, Stungkor Land District, in

ii) Lot 16, Block No. 2, Stungkor Land District in t

ha have been developed into an oil palm plan

The age of oil palm for Lot 18 and Lot 16 is 1 five 5

♦ Perdana Petroleum appoints UOB as principal ad

Perdana Petroleum Bhd announced that United

Manager for the proposed Sukuk Issue has on 11

respect of the Proposed Sukuk Issue with the Secu

The first issuance under the Proposed Sukuk Iss

Facility. The tenure of the Sukuk Murabahah Pro

proceeds of the first issuance of the Sukuk Murab

i) up to RM630.00mil to be utilised for refinanc

purchase of the certain charged vessels

ii) up to RM20.00mil to defray any fees and exp

the finance service reserve account to be ope

iii) any unutilised balance after meeting purpo

requirements up to a maximum of RM40.000

Subsequent issuances of the Sukuk Murabahah s

(including refinancing) which includes advances t

purposes which are Shariah-compliant. Bursa Mala

WE

16

s Resources Corporation S/B received the Letter of Accepta

-contract known as Proposed Development of New Kuala

iated Works at Kuala Lumpur International Airport (KLIA) a

a sub-contract sum of RM88.000mil. Bursa Malaysia

2mil

eement with Loi Heng Sewn, Lau Yong Lee, Albert Hong H

ire 1.100mil ordinary shares of RM1.00 each in the sha

220mil. Pekan Semangat S/B is as an investment holding

/paid up ordinary shares of RM1.00 each representing 70

and is the registered proprietor of the following parcels o

d at:

he Sampadi, Lundu area measuring 1,442 ha

he Sampadi, Lundu area, measuring 4,000 ha out of which

ation.

years. Bursa Malaysia

iser for PPB’s RM650mil sukuk; proceeds to refinance de

Overseas Bank (Malaysia) Bhd as the Principal Adviser/

Mar 2016, on behalf of PERDANA PETROLEUM BHD, mad

rities Commission Malaysia.

e will be guaranteed by Danajamin Nasional Bhd pursua

gramme shall be 12 years from the first issue of the Suku

hah shall be utilised for the following purposes:

ing of outstanding borrowings undertaken by PERDANA P

enses for the Proposed Sukuk Issue and the Al-Kafalah Fac

ned and maintained under the Al-Kafalah Facility

ses above can be utilised for PERDANA PETROLEUM BH

il.

all be utilised for PERDANA PETROLEUM BHD’s working c

the Issuer’s subsidiaries via Shariah-compliant mode an

sia

of 5

NESDAY

AR 2016

nce from Advanced

Lumpur Air Traffic

nd Other Locations

in Kay and Dr. Ngo

e capital of Pekan

ompany and is the

equity interest o

60year provisiona

not less than 5,000

t

ead Arranger/Lead

e the lodgement in

nt to an Al-Kafalah

k Murabahah. The

TROLEUM BHD fo

ility and to prefund

’s working capita

pital requirements

general corporate



♦ Ho Wah Genting to adjust outstanding Warrants

Ho Wah Genting Bhd will make adjustments to th

provisions of the Deed Poll 2011 pursuant to its

Rights Share for every 1 existing share held after

basis of 4 Warrants D for every 5 Rights Shares su

sen previously and the number of Warrants C will

♦ Kwasa Land awards TSR Capital infrastructure jo

TSR Capital Bhd has won a two-year RM268.9 mi

the Kwasa Damansara township project. In a stat

Bina Sdn Bhd. The job comprises site clearance

sewerage reticulation, water reticulation, park a

works, said Kwasa Land. It is to be completed w

awarded by Kwasa Land, to date, for its 2,33

infrastructure job, valued at RM127 million, wa

construction and completion of common infrastru

and Kwasa Sentral MRT Station. The Edge Financial

♦ Wintoni fails to recover EGM papers

Wintoni Group Bhd has lost its legal proceedings

the documents on the company's extraordinary

directors. In a filing with Bursa Malaysia today,

Thursday (March 10) dismissed the legal procee

EGM, for failing or refusing to hand over the me

year. "The company had applied for a conseque

EGM given that the court had ruled against t

application for consequential order and advised

announcement. Wintoni said it has instructed its

unable to prepare and finalise the minutes for th

course," it said. The Edge Financial Daily

WE

16

C

e exercise price and number of outstanding Warrants C in a

enounceable rights issue of up to 617.598mil Rights Shar

the Par Value Reduction, together with up to 494.079mil

bscribed on the Entitlement Date. The new Exercise Price

be adjusted from 11.848mil to 12.914mil. Bursa Malaysia

worth RM268.9mil

llion contract for common infrastructure works from Kwas

ment today, Kwasa Land said the deal was awarded to TS

nd site preparation, earthworks, roadworks, drainage wo

nd ride facility, electrical infrastructure works, and soft a

ithin 104 weeks by March 12, 2018. This is the second i

-acre Kwasa Damansara township, the statement furt

awarded to WCT Holdings Bhd in September 2015, an

cture works for a designated area within the vicinity of th

aily

against Kang Choon Leu @ Kang Chee Sim, who was allege

general meeting (EGM), which was called to remove t

the automation systems designer said Kuala Lumpur

ings with costs against Kang, one of the 10 shareholders

eting documents to and/or in connection with the EGM h

tial order that the company be excused from preparing t

he company's application. "However, the court decline

the company to make a fresh application in respect of s

solicitors to appeal against the judgment. "In view there

EGM until further notice. Any further development will b

of 5

NESDAY

AR 2016

ccordance with the

s on the basis of 1

Warrants D on the

will be 18 sen vs 20

a Land Sdn Bhd fo

R Capital's unit TSR

rks, road furniture

nd hard landscape

frastructure works

er read. The first

encompasses the

main town centre

dly in possession o

he entire board of

igh Court has las

who called for the

eld on Sept 11 last

he minutes for the

to entertain the

ch issue," said the

of, the company is

announced in due



Pu

Inter-Pacifi

B

General Line :

IMPORTANT: This report has been prepared from sources that are

All opinions and estimates in this report are subject to change with

Inter-Pacific Research Sdn Bhd and or its associates may from ti

report is for internal circulation only and the contents or any part

Inter-Pacific Research Sdn Bhd.

♦ Yong Tai's MD and Co-founder resigns

Yong Tai Bhd's founder and managing director

effective today, citing "other commitment and bu

to the board on Oct 2, 1997 and has helmed the

charge of the overall operations since its incepti

resigned from his post today, citing the same re

Daily

♦ LBI Capital’s shareholders approve disposal of la

LBI Capital Bhd's shareholders has approved the

director Kong Sau Kian told pressmen that the

estimated expenses incurred for the disposal of la

half of the proceeds will go to future land acquis

used for working capital. The Edge Financial Daily

.

WE

16

blished and Printed by:

Research Sdn Bhd (449005-X)

est Wing, Level 13,

erjaya Times Square,

No.1, Jalan Imbi,

5100 Kuala Lumpur

03-2117 1888 Fax : 03-2142 7678

believed to be reliable but we do not hold ourselves responsible for its completene

out notice. We do not accept any liability that may arise from the use of informatio

me to time have interest and/or underwriting commitments in the company bein

thereof cannot be reproduced in any manner whatsoever except with the prior wr

ong Liew Lin @ Liew Fat Lin has resigned as the group's

sy schedule". According to the garments manufacturer, W

post since Nov 8, 1997. He founded Yong Tai group in 19

on. Apart from that, Yong Tai's executive director Datuk

son. Ng, 50, was appointed to the board on Aug 28, 201

ds

proposed disposal of lands for RM50 million at its EGM t

group will net RM29.79 million disposal gain, after takin

nds, and the estimated real property gains tax. On proceed

ition activities, while the others are to pare down borrow

of 5

NESDAY

AR 2016

s and accuracy.

n in this report.

reported. This

itten consent of

managing directo

ong was appointed

71 and has been in

Ng Jet Heong also

4. The Edge Financia

oday. Its executive

g into account the

s utilisation, he said

ings, besides being

16 mar 2016 interpac report

Documents